Evening Star Newspaper, November 27, 1935, Page 11

+ $1,374,409, V5. $1,857,463, FINANCIAL. ’ CURB LIST MIXED DESPITE ADVANGES Some Industrials, Special- ties, Oils and Store Issues Record Gains. By the Associated Press. NEW YORK, November 27.—A num- ber of industrials, along with some of the oils, merchandise issues and specialties, came to life on the upside in the Curb market today, but this improvement was accompanied by moderate irregularity in other sec- tions. Some of the gainers of 1 to around 8 points included Aluminum Co. of America, Allied Mills, Distillers’ Corp.- Seagrams, Gulf Oil, Consolidated Min- ing, Hudson Bay Mining, E. W. Bliss, Newmont, Lerner Stores and Murphy Co. Tobacco & Allied was & weak spot, with a loss of more than 4 points on small turnover, and others down 1 to 2 or so included Pittsburgh Plate Glass, Safety Car Heating, Pan- American Airways, American Gas & Electric, General Tire and Daven- port Hosiery. BONDS ON THE CURB MARKET. DOMESTIC BONDS. High. Low. Noon. 105, 105 108 10075 1067 10078 10673 1067g 106 + 10613 101 Alabama Pow Alabama_Pow Tum C i Hoo 2 100! mnx 10514 10374 1 Lo Baldn Lo fs Bel Tel Can 55 A Brmnsm EL 473 Brmnham Gas_b: 10538 103%8 KR3y RR3L 108 * 108 100% 10038 84 Rad R0 89 1013 1013 101% 4 4 A Internat] Salt Intern Sc Am 3 Intersta Pw 58 Interst P S 4%as Iowa Pb Svc 58 CP&L4ls Lehigh P Lexington Ut 5s Livoy McNd&LL 58 12Vs 4 93 * | Cueno Press(1.20) 01 10w s BN a6 il 573, 10414 1045 10013 10013 | ol Tamid | .,al‘ THE EVENING STAR NEW YORK CURB MARKET By private wire direct to The Star. Stock and Sales— Dividend Rate, Add 00. Hl;h bo;. C!n;. Aero Supply (B).. 11 Algoma Con Ltd - 2 Algoma Co Ltd ot 1 Allled Mills(a26c) 26 23 Allled Prod (A) .. 1 22 22 Alum'n Co of Am 4508 90% 8913 90% Alum’n pf (13)_.150s111% 110% 111% Alum'n G'ds(40c). 2 15% 16% 167 Am Beverage __.. 3 4% 414 4% AmCit P&L (B).. 27 5% 5% 6% Am Cynam(40c)E 33 201, 28% 20% Am G&E (1.40)... 10 37% 36'% 374 Am G&E pf (8)... 225!110': 110% 110% Am Gen Corp ™ Am Hard Rubber. 1500.25 Am LI&Tr (1.200 5 Am L&T pf (1%). 1 Am Mfg Co . .. B0s 1 Am Maracaibo... ] Am Meter Co __... 50s Am Superpower.. 65 Am Superpwr pf.. 6 Am Superpower 1stpf (31). Anchor Post (d Angostura (120c). Arcturus Radio T. Ark Nat Gas Ark Nat Gas (A). Ark Nat Gas cu pf Art Met W (40c) .. Asso E 1 (p21%¢). AssoG&E (A)... Asso Inv (80c) Atl Coast Fisher.. Atlas Corp (ad0c) Atlas Corp war_ Atlas C pf A (3) Auto Voting Machine (150c). 5 Ax-Fisher(3.20)A 20s Babcock&W (40c) 1508 Bauman (L) 7% 1st pf 108 5 Bellanca Alrcraft 1 Bliss Co (EW) __ 96 | Blue Ridge Corp.. 9 Blue Ridge pf (3). 1 | Blumenthal s _ 8 | Bohack (} C) Ist pf ($214) | Bower Roll B (1). ¢ | Brazil Tr L&P Brill Corp (A) Brill Corp pt Brown Copf.__ 15 S0 woou 211, 224 22 % L 8 13 B* 8 2 3 50s 15 21 25 4 16% & 3214 o1a 25, 24% 5 Butler Bros Cable El Prod vte. Can Indus Alco A~ Can Marconi.__ Carib Syndicate Carnation Co (1) Carc L&P pf (6) - 108 Carrier Corp Corroon & Reyn Catalin Corp Celluloid Corp___. Cent States Elec_.. | Cent States Elec 6% pf __ 508 Centrif Pipe (40¢) 1 | Charis Corp (1%3) 2 9108 3 56 4 5% 17% 31 Cit:es Service.. _. Cities Service pf_. Cities Sve Pwr & Light $6 pf City Auto St (60c) Claude Neon Lts Clev Tractor | Club Aluminum. | Colon Oi1 | Colts Pat Fire | Arms(1%) | Columbia O&G vte | Com’with Ed (4)_ | Com'wlth & S war | Como Mines Compo Shoe Mach. stc (50c). Consol Alrcraft... Cons Copper... ... Consol Gas of Balto (3.60) .. | Cons \I&SM"’QC) | Cons Retail Stores 8% pfww __ Cooper Bessemer.. Cord Corp Cosden Oil Me (d) Cosd’'n O Me pf(d) Courtaulds (a3%¢) Crane & Co Creole Petroleum. | Crocker Wheeler... | Crott Brewing __. | Crown Cent Pet: | Crown Cork In (A)($50¢) 2613 608 3 30 1 117 IA' 53 10 1 21 26 6 88 88 308200 195 200 IOA 8913 T 5% * 1 13% 228 7 234 891 T4 5% % 13% 2213 234 8% | % 1% - 11% % 3814 1z 1 12 12 8% 113% Cusi Mex Mining.. Davenport H (1) Dictograph Prod.. Distilled Liquors.. Distillers Corp- | Segrams_. ___. Doehler Die Cast_ Dow Chemical (2) Draper C (12.40) _. | Duke Power (3) .. | Duval Tex Sulph | Eagle Pitcher Ld. { Eastn G&F Asso_. 8% 1% 35 36% 26% 25% 100 100t5 631 631% 65% 66 % 10 813 8l 3% 51001 108 633 300s 66 7 10 4 8y 3 3% 433 43 43 ® | Eastn G&F Peop L Eoth ek T0R 108% 1017 1017 101%2 1031, 52 8314 %1011 10) 1 s 100 33 Taas Taast 107 107 100 100 a0, " 00ty have is A 083 ORia a Sou Caie &4 Sou Call mal Cal'E 3%s B 'an 03, 10824 1011 1011 135 D33 pmdmu it 78 2100 997 100 S04 "«:“' 104% 312 R 1055 10814 105 1053 10533 1053, 10014 10014 10012 103% 103% 103% FOREIGN BONDS. City Lima 6'%s '58 cod 25 6las A it E1 8 75 '56 ww ‘ww—With warrants. xw—Without warrants. ‘wi—When _{ssued. &t (st !Ne.u‘u bility impaired by maturity. panies reported in recelvership. U. 8. TB.EASURY NOTES. (Reported by Ch BT & Co) ’ !U Offe! 55552258 & 82333R552333323323 E22=3222 e Rl i gt Ittt o et 223 32 3-32 Associated Electric Co.—Net income, 12 months ended September 30, was 1 prof (4%) ... 508 East Malleable Iron (20c) | Eastn States Pwr. Easy Washing Mch (B) a37%¢- Edison Bros Stores (1.60) .. | Etsler Elec Corp Elec Bond&Share. Elec Ba&Sh pf(5) Elec Bd&Sh pf(6) Elec Sharehold Pt ww (£3) Electrograph as0c El Pwr Associates | El Pwr Asso (A).. Elec Sharehold’g. Equity Corp Evans Wall Lead . Ex-Cel-O A&Tool. Fairchild Aviat'n. Falstaff Brewery . Fanny Far C(50¢) Fedders Mfg a25¢ Fidelio Brewery .. Fisk Rubber Fisk Rub pf (6 Flintkote (1) (A) Ford MCan A 1% Ford Motor Ltd (al7.7¢) Gen Alloys. Gen Fireproofing... Gen Invest Corp-- Gen Tire & Rub . 350s Gen T&R pf A (6) 208 Glen AldenC (t1). 11 Globe Und (a60c). 2 1. Goldfield Consol... Gold Seal Elec____ Gorham vte ext Gray Tel PS (; | Great At1 & Pac Tea n-v (16) . 11081313 1281 1281 Great Atl & Pac Tea 1stpf47).. 105128 128 Great Northern Paper (1) __..1508 21% GulfOflof Pa _. . 29 Hall Lamp(a20c). 3 Hartman Tob 1 Hazeltine Corp t1. 9 Hecla Min (a20¢). 5 Holophane Co. ] Hollinger G(t65¢) 1 ---.1008 1 99 20 128 117% 11 6 144 97% Holly Sugar Holt (H) & Co part A (al0c). Hudson BM&S(1). Humble Oil (1) ... Huyler's of Del 7% Dt (4) - Hygrade Food. 111 Pw&Lt $6 nf Imp ChIa291-5c. Imp Oil Ltd coupon (150¢) - Imp Oil Litd reg (150e) .. - Indian Territory | . Illum Oil (A) __. Indian Territory Mum Oil (B)... 1 Insurance Co of North Am (2).. 4508 Intl Hydro Elec System cv pf Intl Mining t60c__ Intl Mining war . 1768 7 lron Fireman (1). Klein (D E) (11).. & of Lake Shore M(12) Lakey Fy & Meh_. Lehigh C&N(30¢). % A "5 | Potrero Sugar 3% | Stock and Bals Di os— ividend Rate. Add 00. High. Low. Clase. Leonard Ol __.__ Lerner Stores (2). Lockheed Alrxr.. Lone Star Gas 30c Long Island Light Long Island Light DL (A)(T) Long Island Light ot (B)(6) ... La Land (40¢).... 11 McCord Rad (B). 7 McWill Dredg(t%)250s Mangel Stores 6 Marion Steam Sh_ 1 Masonite C (a26c) 100- Mass Util Asso 31 268 Merritt Chap & S... Mesabi Iron Mich Sug pf Middle States Petrol vic (A).. Middle States Petrol vtc (B) __ Middle W Util (d) Mid-West Util pf |7 (A) cod (d) Mid West Util cvpf (A)(d)--.. Mock Jud Voe (1). Mohawk Hudson 1st pf (4) Molebdenum 9 11 6 508 6 Mount Prod (60c). 1 Murphy Co (1.60). 3 Nat Bella Hess 19 Nat Container (2) 1508 Nat Fuel Gas(11). 8 Nat Investors 4 | Nat P& L pf (6)_150s Nat Rubber Mach 4 Nat Service 3 t Union Radio N J Zinc (2) Newmont Mallg_ N Y Tel pf (6%) N ¥ Transit (30c) | Niag Hud Pwr | Niagara Hudson | Pwr(A) war __ | Niles-Bem-Pond__ Nipissing(al2sc) Noma Elec Corp_- 2 North Am L&P__. 4 | North Am L&P pf 200s Nor Am Mat (1).. 300s Nor Am Util Sec _ 1 Nor Cnt Texallc 1 orthern Ind Pub Sve 6% pf (3) - 208 North'n Euro Oil_. 106 Northern State; Power (A) - Northwest Eng. | Novadel Ag (2)-_. 10 | Outboard Mot (A) 1 | Outboard Mot (B) 5 | Pacific Eastern_.. PaciicG& E | 1stpta).___ Pac Light'g pf(6) Pan-Am Afr (1) | Pantepec Ol ____ Parke Davis (+1)_ | Peninsular Tel 6 - 1008 6 508 3 4 4 4 15 1 1008 108 34 Penn P&L pf (7) | Pennroad Cp a20c. | Penn W & P (4) Pepperell Mfg(3). | Phila Co (60c) | Phoenix Secur Ple Bakeries(60c) | Pierce Governor | Pioneer Gold Mines | Ltd (80c) Pitney Bowes PM (t20c).. | Bitts Plate G1(+2) | Pleas Val Wine___ Premier Gold t12¢ Prod Roy'ty(2%c) Propper McCall'm Prudential Invest Pub Sve Ind prpf. Puget Sound Pwr &Lt$5pf. ... 1008 Puget Sound Pwr &Lt$6pf . __ 100s Pyrene Mfg(a20c) 5 Rainbow Lum (B) 9 Red Bank - Reed Roller B(11) lOO! Reiter-Foster Reliable Stor Reybarn Co | Reynolds Invest_.. | Rice Stix Dry \ Gonds (a50e) . Richmond Rad ... Roosevelt Field.. Root Petroleum... Root Petroleum | _evoprpt (1.20) Rossia Intl Cor toyal Typewriter. Rustless It & Stl_ 3 Saf Car H&L (4)_.1758 St Regis Paper... 15 St Regis Paper pf. 90s SaltCreek P(80¢c). 2 Scovil Mfg (1) 50s Sexgal Lock & H Selected Indus Selected Indus allot ctfs (33%) 5008 Selec Ind pri33) 200s Selfridge (b9%c). 8 Seton Leather 5 Shattuck Den Min "'1 Shenandoah..... Sher-Will (4) . Sher-Will pf(6) .. Smith Corona vtc_. Sonotone Corp ... South Am Gold & Plat (a30c) 106 So Penn Oi1(1.60) . 1 Southn Calif Edis partpf (1%) __ Southn Calif Ed PL(B)(1%) oo Southn Calif Ed4 Pt (C)(1%) .. Southn Nat G (4)- Spanish&Gen rcts Square Deal (B) . 2 Stand C&S (2.40) 25s Stand Dredg cv pf 508 Stand Ofl Ky (t1) 5 Stand Oil Nebr 2 Stand 011 O pf (5) 100s Stand Pwr&Lt Stand P&L (B) . Stan Sil&L(alc)_. Starrett Corp (d). Starrett C of (d)- Steson (J B).. Stutz Motor. Sunray Oil .. - Sullivan Machine_ Sunshine M 1.60._ Swift Intl (2) - Swiss-Am Elpf__ 200. TaggartCorp .. 5 | Tampa Blec(2.2¢). 1 Tasteyeast(DeDA 7 TechnicolorInc . 3 Teck Hughes(40c) 11 Texas Gulf Prod.. 43 Tex P&L pf (1) _. Texon O&L (60c). Tobacco & Allied Stocks (al3s) .. ‘Tob Prod Ex(10c) Tonopah Mining Trans-Lux Daylite Pic Sn (20¢c) ‘Tri-Contl C war _ | Tubize Chatillion.. Tubize Chatl (A)- Tung-8ol Lamp .. Union Gas (Can) (a10c) Unit Air war Unit Corp war-... Unit Gas Corp .- Unit Lt&Pw (A).. Unit Lt&Pw pf. | Unit Profit Sha: 2 3 19 1 8 3 3 1 5 5 30s 3 15 50s 3 2 20 10 = 10 3 1 508 13 7 1 Ix 4 1 2 1 * | Unit Shoe M 12%. 1508 U S Dairy (B).--- U S Elec Pw ww_. U SFinishing - U S Foil(B) (60¢)- U 8 & Intl Secur... U S & Int Secur 1st pf ww (11).-. U S Radiator . U § Radiator pt.. mo- Utah Apex._ 1 Utah P&L pf §1% 758 Utilities Pw&Lt.. 20 Utilities P&L pf. 1508 Utility Eq pt(3%) 50s Utility & Induspf 5 Venezuela Petrol. 2 Waco Afrcraft . 9 Walgreen Co war- Walker (Hiram).. Walker (H)pf(1)- Wayne Pump... . ‘Wenden W Va Coal & Coke. Westn Air Bxp(a) 1 19 17% 795 11% 134 6615 119% 288 41 3% 444 141 2% | Peninsu Tel pf(7) 20s 10 10t Pitts& L E (233).130s 7 108 20 215 51 29% 36 27% 18% 4% 66 3% * 4% 85% % & 1 2% 17% 79% 10% Mont-Ward A (1) 100s141% Nl 5 13’ 1% 25 IRh 258105' 10 5% 3% 6% 9y % 17% 9% 11 141 5 132 1% 26 18% 5% | | T4 66% | 1194 413 | 3613 3% | WASHINGTON, D. STEEL INGOT RAT CLIMBS FURTHER Iron Age Sees ‘“Abundant Evidence” That Consump- tion Is Advancing. By the Associated Press. NEW YORK, November 27.—There is “abundant evidence” that actual consumption of steel is advancing, said Iron Age today in its weekly re- view. Ingot production was placed at 56 per cent of capacity, raising the average for November to 54.20 per cent, or the highest for any ‘month since May, 1934. ‘The publication’s scrap steel com- posite has risen from $13 to $13.25 a gross ton, its highest level since the first week in October, 1930. The expected general advance in steel prices has failed to materialize, the summary declared. “The turn-about on finished steel prices comes as a surprise,” it Ggon- tinued. “Rising demand, higher costs of scrap. pig iron and fuel, and finally the recent advances in semi-finished steel—all pointed to a mark-up of finished products as a logical se- quence, “It will be recalled, however, that the actitude of the industry toward the proposed advances has been divided from the first and the more | conservative interests, by reaffirming the issue.” A number of producers, it was | pointed out, have opened books for | first quarter on sheets, tin mill black and various other products at un- changed prices. But the last advance on a semi-finished product, ie, a 3%, | $2 mark-up on wire rods has become v 214 | | general. ,:‘ “A number of considerations may have influenced the decision to stand pat. In the first place, heavy antici- 167 ,‘patury stocking by consumers in the 39 11% 283, 105 5 41 OfllenN 124 s 1073 19 4% 29% 28, 141 20% 314 67 101, 40 9% 714 | railroad buying 694 amn | remainder of this year might have| | robbed mill operations in the first ll‘ quarter to unduly inflate production A prior to December 31. | “Steel demand of late has been stimulated in part by the recent talk of price advances, that the removal of this incentive may act as a check on further ex- pansioi.. of production in the im- mediate future, “However, there is abundant evi-| | dence that actual consumption of . | steei i, expanding. Motor car com- | panies continue to take larger qnanJ » tities of both pig iron and steel, farm equipment makers are planning for a 25 per cent increase in business in 1936. Numerous Government- financed projects are maturing and promises to resume | « | its former position as a leading out- * | let for steel.” 2% g-‘cow WEATHER SPURS 1 P 30 45 2| H| By the Associated Press. | weather in many sections of the coun- | % | try replacing unseasonably warm tem- | peratures has resulted in a sharp pick-up in retail sales of heavy cloth- ing. The gain, however, is regarded by many as simply a return to normal, | 7€ since during the warmer weather there | was a substantial reduction in Winter | lines. 450 TONS OF LEAD SOLD. NEW YORK, November 27 ().— N | The St. Joseph Lead Co. reports that 318, 3 55'y 4% 35 31 18% 4% 3% 66 kY 3% 3% 10910: 103 10‘ 66 | 450 tons of pig lead from Southeast | Missouri mines were sold yesterday at | $4.35 per 100 pounds, St. Louis. This | market will be closed tomorrow, Thanksgiving day. Stock and Sales— d Rate. Add 00. High. Low. Close 1b&Sta al 1A% 1% Westvaco pf (7) . 2581021, 102'; XOJ-- | Wil-low Cafeteria 1 5% 8 & Wil-low Cafe pf 3 6 6 6 Wright Harg t40c 24 TN TN Yukon Gold 3 1% 1 1% Dividend rates in doliers based on last quarterly or semi-annual pavment Tual rate—piis extra. : Accumulaed divi- dends a Paid this year. b Paid last year. d Companies reported in receivership or being reorganized. e Pavable in stock. { Plus partial distribution of assets. xBx dividend. current prices, have definitely settled | plate, hot and cold-rolled strip steel | G and it is possible | DEMAND FOR CLOTHING 4 I NEW YORK, November 27—Ccld‘ C., WEDNESDAY, $3 Extra Dividend Ordered by Board Of Ingersoll-Rand ny the Assoclated Press. EW YORK, November 27.—Direc- mrs of Ingersoll-Rand Co. today de- clared an extra dividend of $3 a share on the common stock, payable Decem- ber 28 to stock of record December 9. A year ago an extra of $2 was paid. The company is & marufacturer of electrical drilling equipment and other types of machinery. Greene Cananea Copper. Greene Cananea Copper Co. de- clared a special dividend of $1 and a quarterly dividend of 75 cents on the common stock, payable December 16 to stock of record December 9. ‘The quarterly payment places the stock on a $3 annual basis corapared with $2 paid previously. Virtually all of the company’s 500,- 000 outstanding shares are owned by Anaconda Copper Mining Co. American Bank Note. Directors of American Bank Note Co. resumed dividend payments on the common stock with the declaration of 25 cents a share, payable January 2 to stock of record December 11. This is the first payment since January 2, 1932, when 50 cents was ordered. DIVIDENDS ANNOUNCED NEW YORK. November 27 declared (prepared by the St tistics Corp. Pe- Stk. of Pay- Rate. flod. 16cord. Able. xtr Climax Molybdenum Clorox Chem 1 Crowell Pub Gardner-Denver i Hartford Steam Boiler ph e Tnsur_ oo Merrimac Hat Corp Ruberoid___ Wesson Oil & Snow_ Hercules Powder Ingersoll-Rand Co_ Iner Union Carbide & Car_50c __ Greene Cananea Copr_:5c Q@ Special. Bullocks __ 80¢ Nat Puel “Gi Greene Cananea Copr 41 Aceumulated. 7% p1..$3.50 - Rerular. Asricultural Tnsur | Allied Ch & Dye pf_§ ‘ Allied smru 5% pt. American Can pf. American Home. Anglo-. lnlmnr. ordinary reg - % ADR for ord reg__5 Atlanti c Colu. Ct 1 H 1 i 1 1 1 Am Chain of Btydmernrutem D; Black & Deck R, pf_5 | Bloomingdele Bros Climax Molybd new Clorox Chemical | Crowell “Publishing_. Federal Chemical 67 pt. Pederal_Motor “Trick. x~\ Bunnru Mach_$1.5 | a0 stk aiv Kobacker St $ | Kanptrxxcfls ‘& Col 6%, Kresge (86) 1 ?1 MuTphy (G E) Cop | Beading Cg Znd 't Ruberoid Co FREIGHT LOADINGS. NEW YORK. November 27 (¥ —Revenue carloadings on railroads reporting ma-evd for week ended November 23 in- clud | Week Previous Last | Nox. 2. week | Pennsy Nor{folk York Central 5 883 MONTREAL SILVER. MONTREAL, November 27 (P —Silver | futures”opened stesdy, October. 68.83; March, 68.41b; May, 65.70b. COMMON TO BE REDUCED. NEW YORK, November 27 (#).— | Stockholders of Eagle Pitcher Lead Co. | have authorized & reduction of $10 from $20 par value of the company's 16| ies totaled 25,294,000 barrels NOVEMBER ' 27, 1935. OUTLOOK BRIGHTER FOR OIL INDUSTRY Cuts in Output, Refinery Runs and Stocks Taken as Hopeful Signs. BY JAMES JAMESON, Associated Press Staff Writer, ‘TULSA, Okla., November 27.—Oil men who believe production should be held level with consumption won a round during the week and the in- dustry’s outlook brightened for the Winter siege. Reductions in crude oil production, refinery runs and stocks and a lower Oklahoma ofl allowable for December, all were taken as signs that the in- dustry is striving to strengthen the price structure. An off-color nake was a 142,000-bar- rel increase in finished gasoline stocks. Even here there was a downward trend, however, as the increase was only one-fourth as large as the prev- ious week. price schedule during Winter's low consumption period remains one of the major goals of the industry. If the usual slump can be avoided, the in- dustry will be in strategic position for a price hike all along the line when the Spring break comes. Natural gasoline revived during the homa and 3% in Texas. was weak and fuel oils steady, with no appreciable increase in demand. The Pennsylvania crude market was improved further with another price increase of 15 cents a barrel, Daily Output Drops. NEW YORK, November 27 (P).— Daily average gross crude oil produc- tion in the United States decreased 10,650 barrels in the week ended No- vember 23, totaling 2,839,950 barrels, the American Petroleum Institute’s weekly summary indicates. Dalily average procduction east of California decreased 3,250 barrels to 2,168,250 barrels. Refineries representing 89.5 per cent of estimated total capacity, operated at 75.6 per cent of their capacity, re- ported daily average runs of crude oil to stills as 2,575,000 barrels. Daily average the previous week for refiner- ies representing 89.5 per cent of total, operated at 76.1 per cent of capacity, was 2,592,000 barrels. Imports Are Larger. Finished gasoline stocks at refiner- | 25,152,000 barrels. Unfinished gasoline stocks 5. 2;31 ,000 barrels against 5,316,000 bar- rels, Daily average cracked gasoline by refineries representing 95.9 per cent of total charging capacity was 564,000 barrels. Daily average the previous week by refineries representing 95.9 per cent of total was 574,000 barrels. Imports totaled 1,264,000 compared with 438,000 barrels for the previous week. e NEW YORK BANK STOCKS NEW YORK. November 27 (® —Over- the-counter market bank and trust com- k of Manhaitan - | B o | Gity*® Continental gorn Exchange I D190 b3 =tetrt g NEW YORK PRODUCE. YORK. November 27 (® ——Eus Mjxed colors 900,000 shares of common stock and | .| voted to make cumulative at 6 per cent a year and callable at $105 the | ; 5,500 shares of preferred stock which | previously non-callable. —_— | Consolidated Aircraft Corp.—Com- | mon share earnings, | ended September 30 were 52 cents. was non-cumulative and | Creamery higher : extra (97 3134, l Cheese. firni. ‘Prices unchansed 3 By frelght: unquoted: fowls, ers. 16: ducks (all sections), FINANCIAL Directors Favor Split Up in Stock Of Air Reduction By tha Assoclated Press. NEW YORK, November 27.—Charles E. Adams, president of Air Reduction Co., Inc., announced today directors had recommended to stockholders that the capital stock of the company be split, three for one. The proposal will be voted upon by stockholders at a meetirg on April 8, 1936. ‘There are at present outstanding 835,566 shares of capital stock of no par value. The stock has been paying $3 a share annually since the third quar- July 15, $1.50 on September 30. SHOE PRODUCTION f Maintenance of the refined products | week and was quoted at 415 in Okla- | Kerosene | against | § totaled | IS FAR ABOVE 1934 October Total of 36,000,000 Pairs Highest Reported for Any Month Since 1929. Special Dispatch to The Star. NEW YOREK, November 27.—Al- though shoe output in December will probably be decreased sharply from the unusually high October figure of around 36,000,000 pairs, it is expected that-output for the month will con- tinue to compare favorably with last year. For the full year, 1935, pro- | duction will probably increase to ap- proximately 370,000,000 pairs, which would compare with 357,000,000 pairs in 1934, and the previous record of 361,000,000 pairs attained in 1929, ac- cording to the Standard Statistics Co. of New York. October production of 36,000,000 any year since 1929, and represents a gain of more than 25 per cent over October, 1934, Because of the relatively high rate of output in recent months, the de- cline from 1934 witnessed in the first half has been more than offset, and actual production for the nine months | ended September 30, was 1.4 per cent | greater than the corresponding period a year ago. Giving effect to the un- usually high estimated October figure, production for the first 10 months | amounted to 321,000,000 pairs, a gain of 3.6 per cent over the corresponding | interval of 1934, _—_— FEDERAL LAND BANKS NEW YORK. November 27 Land Benk bonds (Quotations as of 2 o'clock.) Pet. Maturity |45 Jpn., 18 12s May 1 4 o 4l |45 138 “ CHICAGO PRODUCE. CHICAGO. November o a (02), s (00-81), 3134a2v}. fifsts (KR-85): 3015835 seconds’ (RB-87), standards (00 ‘cer- tralized carlots) tled: extra firsts. 30: 20: current receipts. T extras. 203,: standards. 20%a: firsts Pouitry. hu 2 Cars, 26 trucks: 3 prices unchai Dressed prices unchanged. Potatoes 30: on track. 435: total United | States shipments. 340 supplies heavy | Idaho russets demand light, trading better | ghtly lower Drices. Other stock slow. Siahtly weak sacked. per bundredweight Tdaho russet . . b R5: wi 27828 ged tirkevs about steads: No. 1. m Michigan _tus 1R, Sale | di i | rurals. U. 'S No. | Green' Mountains. No_ 1 Mi nesota_and_North Duala Red River sec- tion. Red Ri U. 1 fin Nebraska 1.50a80 40 cClu 0. Triumphs. U. §. No. 1 FOREIGN MARKETS. By the Associated Press. h the French political ing the market. busi- ness remained auis: on the stock exchangs today. Gilt-edged <~ tionally irregular. an | developed uncertaint | also were irregular. w Thg market ! AR Also el i regular. BERLIN —Hardly anv _price were recarded on the Boerse today | tions being narrow. The closing NEW YORK BAR SILVER. NEW YORK, November 27 (#).— | Bar silver steady, unchanged at 65 | Order your supply of ARROW BEER today! THE GLOBE BREWING COMPANY ter of 1929, with extras of $1 paid on | 1935, and another extra of pairs is the highest for the month in! ). —Federsl PLAN IS APPROVED™ FOR INSULL FIRM Federal Court Clears Way for Reorganization of Middle West Co. By the Associatec. Press. CHICAGO, November 27.—A re- organizing plan for the Middle West | Utilities Co.. giant holding company | of the utilities system formerly ruled by Samuel Insull, was approved by Federal Judge James H. Wilkerson today. The company went into receivership on April 15,.1932, and has been in the court’s hands ever since. Some 600,000 investors were financially in- terested. At its peak, Middle West controlled some 350 gas, light, power and ice companies operating in 37 States and Canada. It was called the largest utilities empire under one man's control. For the other trustees the secured stockholders named Hugh H. McGee of the Bankers' Trust Co. of New York, and three Chicagoans, J. Q. Adams, Irvin L. Porter and Wil- loughby G. Walling The noteholders selected Charles S. Dewey and Attorney Robert N. Gold- |ing of Chicago, and the preferred stockholders Adolphe Boissevain, Chi~ | cago. In addition to their outright in- terest in the new company of 9.4 per cent, the stockholders are to receive warrants to buy stock at $8 a share | for the first year, $9 for the second and $10 for the third. They may ex- change four shares of preferred stock for one share of the new and a war- | rant to purchase an additional share at stated prices. They will receive one share of the new stock for every 100 shares of | common stock of the old and obtain |a warrant for the purchase of one U. S. TREASURY POSITION. By the Associated Press. The mosition of the Treasury on No- | yember 25 was: Receiots, €11637240.78: nce July 1), s, $4.078,.5 .176.260.55 excess of 4. Gross decrease of day. | $1.42 Cuistoms receipts the month, $28.683,90 a the ‘previous 034 (come %403 13 r 8 balance, | $1.571 284,835 for year. S1.461.- debt assets, $8.102.41 RAILROAD EABNIN GS. NEW YORK. Nov 27 (. —Nel There’s good cheer in good beer! @ With a turkey brown- mg and sizzling in its own juice--with the cool tang and warm glow of High Proof ARROW BEER to help--your Thanksg1v1ng party is made! ARROW is premium beer at the price of ordinary beer