Evening Star Newspaper, December 4, 1935, Page 16

FINANCIAL, STOCKS ADVANCE " WEDNESDAY, DECEMBER %, 1935 S ON THE NEW YORK STOCK EXCHANGE 2:00 p.m. Net | ~= 1035 — Stock and Bales— Net Low. Close.Chge. | High. Low. Dividend Rate. Add 00. High. Low. Close.Chge, 6 624 50 RadioCorppfA 3% b6% b5 — % TA—16 %% FINANCIAD 2:00 p.m. 2:00 p.m. 2: Stock and d Dividend Rate. 57% Conde Nast Pub ... ~=1935 — Stock and Bales— High. Dividend Rate. Add 00. High. Net Low. Close.Chge, Low. % 15% KayserJ&Co(al.15). 13 26% ~- 1035 — Stock ane 10% 10% . INFIFTH DISTRICT [Trade Advance in Last Six Weeks Is Largest for Several Years. BY EDWARD C. STONE. Details from the Reserve Bank of Richmond's monthly review, received here today, bring to light the fact that October and early November witnessed more improvement in business in the fifth Federal Reserve district, which includes Washington, than any other six weeks in several years. The array ©f upturns is most impressive. Reporting member banks in leading cities increased their loans slightly, chiefly in commercial loans, and added to investments in Government securi- ties. Demand deposits rose rfl:terinlly be- tween October 9 and November 13, but there was a slight drop in time deposits. Debits to individual, firm and cor- poration accounts made a higher per- centage increase over last year than in any month this year since Feb- Fuary. Employment showed improvement in nearly all lines of industry and trade, especially in construction fields. Coal production scored considerably more than a seasonal increase and was 12 per cent above the like period Jast year. Textile Demand Broadens. Demand for textile products broad- ened materially during October and early November and cotton mill con- sumption increased 11.7 per cent over October, 1934. j Spot cotton prices rose steadily, the review says, influenced by an increased demand for textile products, better export demand for raw cotton and decreased production prospects for the 1935 cotton crop. Tobacco markets sold large amounts of tobacco for prices considered satis- factory in view of a much larger yield than in 1934 Tobacco manufacturing was at near- record levels, production exceeding October, 1934, production in all lines. Construction work undertaken in the fifth district showed a decided increase. Building permits were up 31 per cent and contracts actually awarded, 136 per cent. Fall weather was ideal for maturing crops and for harvesting and 1935 yields were higher in nearly every case than was expected earlier in the season. Larger Profits Anticipated. Fifth district’s two leading money crops, cotton and tobacco, will prob- ably be more profitable than last year as higher yields are expected to offset Jower prices. R Cncta raisers expect materially in- creased receipts and fruit growers have had large crops of good quality for market, the Richmond Bank says. Retail trade was retarded in October by exceptionally mild and clear weather, but was ahead of the pre- yious year, while wholesale trade in five leading lines also made favorable isons. e tes improvement in batk= than in other lines, due to the ability of business to CATTy on activities without calling on the banks for much elp. 2 'I"’lme deposits in 41 reporting mem- ber banks and aggregate deposits in 11 mutual savings banks totaled $395,~ 163,714 at the end of October, & higher figure than the $394,295,958 at the end of September this year, or $383,- 061,051 at the end of October, 1934, the report states. Fischer Gives Success Rules. Speaking of how to get rich during 193: selling insurance, Chester O. Fischer, general agent of the Massa= chusetts Life Insurance Co. in st Youis, gave one of the best success talks the District ‘Underwriters’ As- sociation has heard in many months et the December meeting at the Wil- jard. He stressed four chief points, knowledge, faith, plans and action. The four, he said, will accomplish paything in 1936 or in any other year. Ynsurance leaders should be very happy over the business and economic progress made in this country during the past two years. Insurance men jmust know their business, have faith 3n the companies they work for and In the business outlook, make definite plans for securing new business, and ghen get into action. He declared that agents should have ghree hard and fast rules—get to their offices at a definite time in the morn- ing, always be on the street at a definite time in the forenoon and at @ certain time in the afternoon. Most underwriters know how to sell in- gurance, their success being largely a question of will power, he said. " The speaker was introduced by John ¥. Cremen, at the request of President J. E. McCombs. W. G. Batchelder, chairman of the Membership Commit- tee, reported 52 new members recently enrol'ed. Trust Fund Official Here. Slauson, White & Rowe, Washing- ton representatives of Independence ¥und, are holding a dinner this eve- ning in the ball room of the National Press Club in honor of Douglass Laird, vice president of Independence Fund of North America, and Mrs. Laird, Mr. Laird will speak on “The Inde- pendence Fund Declarations of Trust.” Beventy-five guests are expected. The seventeenth annual Midwinter eonterence of the trust division, Amer- fcan Bankers' Association, will be heid et the Waldorf-Astoria Hotel, New York City, February 11, 12 and 13, it s announced by M. P. Callaway, presi- dent of the division and vice president Guaranty Trust Co. of New York. The #nnual banquet will be held Thursday evening, February 13. On the Washington Stock Exchange today, Lanston Monotype sold at 67, # new 1935 high. American Security & Trust Co. stock moved at 200. Potomac Electric Power 5% per cent preferred sold at 113% and 114 and the 6 per cent issue brought 111. The Mergenthaler bid jumped to 41, with 42 asked. Sold in Boston yesterday 8t 39. The United States Fidelity & Guar- fanty Co., of Baltimore, announces ap- pointment of Lee H. Bowen as man- ager of the Washington office, at 1415 K street. The president of the pompany is E. Asbury Davis. Subscriptions to the Treasury's of- fer for cash of $450,000,000 in 10-12 year 2% per cent bonds totaled about $2,009,000,000 and subscripticns to the five-year 11, per cent note offering of similar size totaled about $2,465,- 000,000, Secretary Morgenthau an- Dounced. CURB SEAT OFF $3,000. NEW YORK, December 4 (P).—Ar- High, 10% 8374 20% 18% 173 2% 2044 3% 14% 14 13% 3215 Low. _ Dividend Rate. 4% Adams Express. 28 Adams Millis (2)__. 8 Addresso M (a30c). 414 Advance Rumley. . 104% Afr Reduction (13). % Alr-Way Elec Appl. 13% Alaska Jun (160c).. % Alleg Corp (d) ... 2% Alleg pf w$30w (d). 2 Alleg pf wi40w (d). 1% Alleg pf xw d). 6% Alleg pr of (d) 21 Allegheny Stl - g 20N WA 0000 314 Allied Stor 49 Allled Stores pf (5). 12 Allis-Chalmers_.__. 14 Alpha Port Cmt (1). 2! Amal Leather__. 4815 Amerada Corp (2) 41% Am Ag Ch(Del)(3). 13% Am Bank Note a25c 21 Am Brk Shoe (1) _ » E1 129 119 Am Brk Shoe pf (7) 149% 110 Am Can (t4) _. 168 151% Am Can pf (7) 32% 645 303 35% 181 874 3154 9 411y 495 2215 32% 95% 198, 261 633 17% 144 76 143 25% 43 70'% 14005 27% 16015 104 107 141 27% 21% 941, 10 Am Car & Foundry.. 25'% Am Car & Fdry pf. 8 AmChain.__ ___ 22!5 Am Comel Alcohol 612 Am Crystal Sugar.. 72 Am Crys 8 1st pf(§) % Am Encaustie (d)-. 2 Am & Foreign 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). 1% Am lce + 4'3 Am International 9 Am Locomotive. .. 32 Am Locomotive pf_. 182 Am Mch & F (180c). 4% Am Mch & Metals. 13% Am Metal 4 Am Power & Light_ 8% Am P&L $5pf(a1%) 10% Am P&L $6pf(al%) 10'2 Am Radiator . ___. 15% Am Roll Mills a30c. 66 Am Safety Raz (5). 415, Am Seating vte 20 Am Shipbldg (2)_.. 31% Am Sm & Refining .. 103 Am Sm&Ref pf (6)_ 121 Am Sm&Ref pf (7). 63 Am Snuff (13) ____. 125 Am Snuffpf (6) ___ 12 Am Steel Foundry.. 332 Am Stores (2) .. 50% Am Sugar (2) 126'; Am Sugar pf (7) 18!2 Am Sumat Tob (11) 9873 Am Tel & Tel (9)._. 721 Am Tobacco (5) ~ __ 74% Am Tobacco(B)(5). 129's Am Tobacco pf (6) - 9 Am Type F pf (d)_. T Am Wat Works _ 48 Am Wat W 1st (6)_. 47 Am Woolen ______ 351 Am Woolen pt S Am Writ Pap (d)__. 2% Am Writ Pap pf (d) 3 AmZinc & Lead . 31 Am Zinc & Lead pf. 8 Anaconda Copper... 16'x Anaconda Wire ___. 10% Anchor Cap (60c) . 3's Andes Copper. - 1'3 A P W Paper z 36 Archer-Dan-M(+1)_ 97 Armour Del pf (7).. 34 Armour of (1linois_. 55's Arm'r(111)pr pf(6) - 16); Armstr'g Cork (+1) 4 Arnold Const (50c) 7' Asso Dry Goods. _. 35% Atch To&S Fe (a2)_ 66% Atch To&S Fe pf (5) 193 Atlantic Coast Line 3 Atl Gulf & W Ind. 20'¢ Atlantic Ref (1).. 4 Atlas Tack_ 15 Auburn Auto._ 514 Austin Nichols 2% Aviation Corp(Del) 114 Baldwin Loco (4) __ T Baldwin Loco pf (d) Th Baltimore & Ohlo... 914 Baltimore & Oh pf __ 36'% Bang & Aroo= 215)_ > 3% Barker Brothers 32 Barker Brothers pf 5% Barnsdall Corp t60¢ 14 Beatrice Cre (250c) 72 Beech-Nut P (13)__ 11% Belding-Hem (1) 117 Bendix Avia (a25 15t% Beneficial Lo (13%). 215 Bethlehem Steel _ 55% Beth Steel pf (1314) 14% Bigelow-San Corp__. 9% Blaw-Knox (10c) 614 Boeing Airplane __ 39% Bohn Alum & Br (3) 90 Bon Ami (A)(t4)__ 38% Bon Ami (B)(12) 21 Borden Co (1.60) _ 28Y Borg-Warner (2) _. 813 Bridgep't Brass 40c 241, Briggs Mfg (12) 23% Briggs & Strat (3)_ x 30% Bristol-Myers (12)_ 36% Bklyn-Man Tr (3) . 90 Bklyn-Man T pf (6) 1% Bklyn & Queens 14 Bklyn&Qupfi3%. 43 Bklvn Un Gas (3) 53 Brown Shoe (3) ___ 3% Brunswick-Balke__. 4% Bucyrus-Erle = 814 Bueyrus-Erie ev pf.. 62% Bucyrus-E pf (33)_ 3% Budd(E G)Mfg. - 23 Budd(EG)Mfgpf.. 215 Budd Wheel 3 8% Bullard Co 3% Bulova Watch_ % Burns Bros (A)(d)_ % Burns BroB (d) .. 3 Burns Bros pf (d) .. 13% Burr Ad Mch (160c) 1 Bush Terminal (d). 5% Bush Term deb (d) 10 Bush Term B pf cod 1% Butte Copper&Zinc.- 113 Byers (A M) z 32 Byers (A M) pf. 30% California Pkg(1%) % Callahan Zinc__ .. 21 Calumet & Hecla_.. 7% Campbell-Wy (1) 8% Can Dry Gin Ale__.. 8% Canadian Pacific.. 30 Cannon Mills (2 321 Cap Adm pf (A)(3). 35 Carriers & Ger 20c.. 45% Case J N Co . 361 Caterpillar Tr (1)~ 19% Celanese Corp 161 Celotex (new) ____. 22% Cent Aguire (1%) .. 34 Central RRofNJ_. 614 Century Rib Mills_. 38% Cerro de Pasco (4).. 3% Certain-teed Prod. 23 Certain-teed Pr p! 4% Checker Cab Mfg__. 37% Ches & Ohio (2.80)_. 36 Chesapeake Corp(3) 1 Chi& EastIll (d) 7% Chi & East 11l pf (d) % Chi & Grt West (d). 1% Chi & Grt W pf (d). 15%Chi Mail Order (1) % Chi Mil StP&P (d).. % Chi M StP&P pf (d) 1% Chi &N W (d). 3% Chi & N W pf (d)_. 4% Chi Pneumatic Tool 20 Chi Pneu Tool pf_— % ChiR 1 & Pac (d).. 1% Cht R I&P 6% pf(d) 1% Chi R [&P 7% pf(d) 25 Chickasha CO (2)-. 31 Childs Co 31 Chrysler Corp (3) 12 City Ice & Fuel (2)_ 69% City Ice&F pf (6%) 3% City Stores.. ... 12% Clark Equip (80¢) ... 27% Clev Graph Br (11). 20 Cluett Peabody (1). 116 53 1108 3 2981% 161% Coca-Cola (8) .. - —ea. 5T% 75 19% 108 9% 5% 28% 22 17% rangements have been made for the|. sale of a New York Curb Exchange seat at 830,000, a decrease of $3,000 from the last transfer. | 4 53% Coca-Cola (A)(3) . 72% Coca-Cola w i (12)_. 15% Colgate-P-P (150¢c). 9 Collins&Alk (a0c). & Alk of (T) Beacon Oil. 12 9 2008 10% Colo & South_.____. 300s 7 . Colo & South 1st pf. 6% Colo & South 2d pf_. 3% Col G & E (a20¢) ... 35% Col G & E pf (A)(6) 31 Col3& Ept (5). .. 34% Columb Pie vte (1) 67 Colum Carb vtc(t4) 39% Comol Credit (235). 56% Comel Inv Tr (3)___x 16% Comecl Solv (160e).. % Comw & Sout 29% Comw & Bou. Bormuands 29% 164% 163 8% 8% 3 331% 21% 4% 1% 51% 43% 40 127 127 141% 139% 162 161% 31 591 30 43% 43 1654 — % 8% 74 +1% 34 + % 22 +1 4 % 2% +1% 52 + % 43% + U 407% +1% 127 + % 139% — % 162 +2 31% +1 60% +1% 30% +1 3% + % FHEEEE e +4+l++1 1 1+++1 1+ 5 1% 1T% 17% +% 48 —-n 508 107% 107% 107% + % 20s 8% 8% 8% 8 m-N 11.60. 14% Conn R& L, - - 130, 24 ConmmnR&L pfocee.. 7 Consol ClRArceeeen 3% Consol Film.cceee.. 14% Cons Film pf (3$1%) 15% Consol Gas N Y (1). 72% Consol G N Y pf (5). 1% Consol Laundries.... 613 Consol Ol (a25e) ... Y% 8% Container Corp (A). 2% Container Corp (B). 4% Contl Baking (A)... % Contl Baking (B)... 46Y% Contl Baking pf (4). 62% Contl Can (3)_ 7 Contl Dia Fibal.05.. 287% Contl Insur (11.20). % Contl Motors 15% Contl O Del aé2%c.. 41% Corn Ex BK&TT (3). 60 _ Corn Prod Ref (3). 4% Coty Inc__ 357 Cream of Wh (1 11% Crosley Rad (a25c). 281 Crown C& S (11) . 31 Crown Zelleb’k vte... 14 Cructble Steel ____. 47% Crucible Stl pf $1%. 1 CubaCo... ... 22% Deere & Co.. _— 19 Deere&Co pf(31.10) 18% Deisel Wem G t50c.. 2313 Delaware & Hudson 11 De! Lack & West.__ 113 Den&R1oGWp £ (d). 35% Devoe & R (11)(A)- 26% Diamond Mtch t13. 34% Dia Mtch pf (113%). 13% Dist Corp Seag Ltd_ 344 Dome Mines (12).__. 6% Dominion Stores.... 17% Douglas Air (a76¢c). 13% Dresser MfgA al 6% Dresser Mfg B __. 2 Dunhil Internatl.. 146'; 86% Du Pont (13.60) 115 104 Duquesne Lt 1st(5). Eastman Kod pt (8)x 508 30% 16% Eaton Mfg (11) 6 8% 34 Eitington-Schild 381 19% Elec Auto L (a30¢). 113'5 107 Elec Auto L pf (7). 11% 3% Electric Boat - 8% 5% Elec&Mus Ind a24c. 71 1% Elec Pw & Lt 32 3 ElecPw& Lt $7pf_. 39 Elec Stor Bat (12)_. 1% Elk Horn Coal (d) .. 4'3 Equit Office Bldg... Tia Erte R R Sl 81 Erie RR 1stpfo___. 6% Erfe RR2dpf ___. 101; Eureka Vac C (80¢). 15 Evans Products (1) 2 Exchange Buffet._. 4 Fairbanks Co pt. 17 Fairbanks Mors 5% Federal Lt & Tra 40 Fed Min & Smelter_.. 3% Fed Motor T (a20c). 2 Fed Screw Works _ 16% Fed'd Dept Strs(1)- 2813 Fid Phoe F 1(11.20) 16 Filene's S (¥80c) ___ 13’4 Firestone (40c) 8415 Firestone pf(A) 44% First Nat Strs (2%) 214 Follansbee Bros (d) 20% Food Machine (1)__ 974 Foster-Wheeler. - 60% Foster-Wheeler pf 19% Fourth N | ww al.10 30" Frank Sim pf($5%) 17% Freeport-Texas (1). 74 Gabriel Co (A) ___. 5'2 Gen Am Investors 84% Gen Am I pf ww (6) 32% Gen Am Trans(1%) 11% Gen Asphalt ¢(a25c). T% Gen Baking (60¢)... 5% Gen Bronze._ 2 Gen Cable 4 GenCable (A) caauu. 19 Gen Cablepf. 46'; Gen Cigar (14) .. 201 Gen Electric (80¢).. 30 Gen Foods (1.80) .. 1, Gen Gas & El (A) . 597 Gen Mills (3) . 59% 26% Gen Motors (12) 120 107% Gen Motors pf (5)_ 5 3 GenOutdoor Adv__. 17% Gen Print Ink(1.60) 114 Gen Public Service- 15% Gen Ry Signal (1)_. 80 Gen Ry Sig pf (6) __ % Gen Realty & Util__ 14% Gen Real&U pf w' 16% Gen Refrac (a50c)_. 14 Gen Stl Casting pf_ 12 Giliett Saf Raz (1) 70 Gillett Saf R of (5). 2t Gimbel Bros 18 Gimbel Bros pf_ 4 23% GliddenCo (2) .. __ 10474 Glidden Co pr pf (7) 1% Gobel (Adolf) (4) . 14% Gold Dust (1.20) ... o on an8Zcwoa s Y AR WRNE T 45! 111 4% 22 15% Goodvear T&R . 70 Goodyear $7 pf 21 Grand Union___—_— 14% Grand Un pf (1%)-. 181 Granite City St (1). 26 Grant (W T)(t1)-_. 9% Grt Northern pf____ 9% Grt North Ore (50c) 347 26% Grt West Sug (2.40) 140 119 Grt West Sug pf(7) 26% 25% Green (HL) Inc . 70 34 Greene Cananea(f3) 74% 20% Greyhound Corp - 2% 1 Guantanamo Sugar. 3114 6 Gulf Mobile& N pf_ 33% 12 Gulf States Steel__. 108 48 Gulf States Stl 1st 34 30 Hack WpfA(1%)-. 8 4 Hall W F Printin 14% 6' Hamilton Watch __ 105 100% Hanna (M A)pf(5). 28 16 Harbison Walk (1). 137% 5% Hat Corp of Amer_. 111 81 HatCpfww (6%)- 612 1% Hayes Body 141 127 Helme (G H)(15) 33% 11 Hercules Motor (1). 90 71 Hercules Pwr (13). 128 122 Hercules Pw ot (7). 81% 173% Hershey Choe (3) . 118 104 Hershey C pf (14) 30% 5% Holland Furnace 11 6% Holland & Son ( 21% 20% Holly Sugar __ 448 338 Hom e (112) 42 30% Houd-Hersh A(2%) 30% 6% Houd-Hersh(B)1%. 4 1% Houston Oil (new)_. 58% 43 Howe Sound (13)... 5% 2% Hudson & Manhat.. 13% 614 Hudson & Man pf__. 17% 6% Hudson Motor Car.. 3% % Hupp Motors. ...... 20% 9% Illinots Central . 35 15 Illinois Central pf-. 7% 40 111 Cent 1se lines (4) 3% 2% Indian Refining 36% 23% Indus Rayon (1.68). 121 60% Ingersoll-Rand(12). 108 46% Inland Steel (12)... 8% 2% Inspiration Copper.. 6% 4 InsurSh Md efs 15e. 23% 8% Interboro R T (d).. 3 1% Intercontl Rubber... 11% 4% Interlake Iron. ... 5 2% Int Agricultural ... 42% 26 Int Agricul prpf... 187 149% Int Bus Mach (16).. 36% 22% Int Cement (1). .. 5% 34% Int Harvester 1.20.. 1% Int Hydro Elee (A). 1% Int Merch Marine._. 22% Int Nich Can(a75 1% Int Paper & Pw (A). % Int Paper & Pw (B). % Int Paper & Pw (C). 4% Int Paper & Pwof_. 2 Int Ry Cent Amer_.. 9% Int RYC A Pfocee 25 IntSalt (1%)oceaee 42% Int Shoe (2) ccmeee. 16 IntStiver . —ceee. 57 Intl Silver proe-—— 5% Int Tel & Tel .. 8% Interstate Dept Str. 49 Jawel Tea (3) 9% 88% Johns-Manville(3)_ 93 50 Jones&Laugh7%pf 1 448 3 41 42 18% 30 10% 5% 19% % 32 104 5% 10% 110 1 18 % 10% 1% 66% 9 13813 1 113% T i 162% 155% 27% Ty 33% 111% 1% 6% 5% 23% 54 128 1814 11% 13 32% 5% 8% 28 1913 106% 34 7 13 4 104 41% 28% 6% 1 31% 2 118 114 106% 102% 108 26% 12% 110 & 135% 32% 43% +1 19 + % 3% — % 10% + % 6% + % 19% + % 32% — % 104 +1 5% — % 10% . 110 +1 1% + % 18% + % % + % 0% + % 1% 67 +1 91 17% + % 43% + % 2% 29% +1% F OFEFEFEEE 139 113% T + 162% 15514 2T% ™ 331 112 11% 6% 5% 24 b4% (3 64 13% 19% 12% 13 32% B 8% PresEs srysesses [44++44 114 4144441+ 3412 427 30': +1 46% — 13 17% + 4 90 + % % + % 6214 +24 ‘- 106% —1% 35 +24% T + % 18 — u 104% 26% 12% 110 5 135% 33 20% — % 20% 432 448 +16 41% 28 6% B55% 4% 11% 14% 2% 20% 35% 57 3 31% 117 41% — % 28% + % 6% + % 57% +1% 4% + % 12% + % B~ % 2% + % ;._2; +1% +2 57 3 3% — % 118 + % 1 6% + % 31% 28% 18% 26 29% 6 Kelsey-Hayes (A).. 3% Kelsey-Hayes (B).. 10% Kelvinator (50¢) 84 Kendall Co pf (16) 2% Kinney (G R) Co... 23 Kinney (G R) Copf 2 Kresge Dept, Stri % 19% Kresge (S 8)(]) .. 56% Krese (S H) (11) . 22% Kroger G&B (1.60). 21% Lambert Co (2) 8% Lee Rub&Tire (50¢) 10% Leh Port Cement._. 1% Lehigh Valley Coal. 5% Lehigh Val Coal pf. 5 Lehigh Valley R R.. 67% Lehman C (12.40)__ 10% Lehn&Fink Prod(1) 6% Libby McNeill & L 21% Lib-O-Ford G1(1.20) 21 Life Saver (1.60). 93% Ligg&Myers (14) B 15% Lily Tulip Cup(1%) 13% Lima Locomotive... 174 Link Belt (80¢) - 244 Liquid Carb (t1).. 31% Loew's Ine (2) 1 LoftIne —occeeeea 1% Long Bell Lum (A). 41% 33 Loose-Wiles (2) 108Y% 107% Loose-Wiles pf (5). 615 18% Lorillard P (11.20). 3 La Ol Ref (d) 4% La Oil Ref pf (d) . 10% Louisv G&EpfA 13§ 34 Louis&Nash (a23%). 12% Ludlum St 37% McAndrews&: 28 McCall Corp (2).__. 7% McCrory Stores (d). 6'3 McCrory Strs B (d). 57% McCrory Strs pf (d) 33% Meclntyre Porcu(2). 5% McKesson & Rob.__. 32 McKesson & Rob pf. 8% McLellan Stores.._ .. 85'% McLellan Stores pf.. 18% Mack Trueck (1) 30% Macy (R H)& Ca 18% Magma Copper (2)._ 4 Manati Sug pf (d)-. 3 Mandel Bros - 13% Man El md gtd (d)_. 10 Manhat Shirt (60c). 5% Marine Midld (40c). % Market St Ry 3% Market St Ry pr pf. 213 Market St Ry pf 1 Market St Ry 2d pf_ 20 Marlin-Rockwell(2) 6% Marshall Field & Co 4 Martin Parry __ s 23% Mathieson Alk 1% .. 136 Mathieson pf A (7)_ 4 357 May Dept Str (1.60) 519 MaytagCo.._ . ... 33 Maytag of ww $7%. 3214 Maytag pf xw 171 8412 Maytag 1st pf (6) 41 Melville Shoe (3) 3 Mengel Co.. ———— 20% Mengel Co pf.. . 24'x Mesta Machine 2's Miami Copper 915 Mid Cont Pet (a40c) 8!4 Midland Steel Prod_ 60% Midl'd St] 1st pf(8). 3% Minn Moline Pwr_ 81 Minn Moline Pwr pf % Minn & St L (d) % M St P&S S Marie__ 1% M StP&SSMlisin_ 10% Mission Corp 11 Mo Pacific pf (d) . 10% Mohawk Carp (1) __ 55 Monsanto Chem(t1) 21% Montzomery Ward 611 Morris&Essex(3%) % Mother Lode _____. 171 Motor Products ‘2). Tis Motor Wheel (60¢). 9% Mullins Mfg (A) 9%z Mullins Mfg (B 4% Murray (Corp 224 Nat Biscuit (1.60) - 1521 14114 Nat Biscuit pf (7) 22 13% N t Cash Reg(50c)- 19% 127 Nat Dairy P (1.20) 113% 103 Nat Dairy P pf A(7) 4% 115 Nat Dept Stores (d) 34% 17 N 343 23% Natl Distillers (2) .. 321; 21 NatEn & Stpg (2).. 12 Ni 40% Nat Steel (11) 9 Nat Supply Co_ 36 Nat Supply Co pf. 81 Nat Tea (80c) . 712 Natomas Co (80¢) 21% Neisner Bros (1) .. 61 43's Newberry J J(1.60) 11812 109 Newberry J J pf(7) 97 4% Newport Industries 361z 18!z N Y Airbrake 28% 12% N Y Central RR 15 34% 54 1% 139 1% 165 Y Steam 1st (7) - rfolk & W (18) Norf & West pf (4). 2 North Am Aviation. 9 North AmCo (1).__ 35% North Am Co pf (3) 57 North Am Ed pf (6) 3% North Ger Lloyd._- 13% Northern Pacific_. 1% Norwalk Tire&Rub_ 20 Norw'lk T&R pf (2) 9% Ohio Oil (a30¢) .. 16% Oliver Farm Equip.. 315 Omnibus Corp vte.. 4% Oppenheim Collins._.. 4 11'% Otis Elevator (60c). 106 Otis Elev pf (6) - 4% Otis Steel . __. 38 Outlet Co (2) 80 Owens-Ill Gla: 1 Pacific Coast’ 315 Pacific Coast 1st._. 134 PacificG & E (1%). 19 Pacific Ltg (2.40) 12 Pacific Mills e 70 Pacific Tel&Tel (6). 6% Pacif West Oll a25¢c. 3! Packard Motors . 13 Panhandle Pro & R. 6'2 Panhandle P&R pf. 724 Paraffine Co (2) .. 8 ParamountPictures 67 Param't Plc1stpf.. 9% Param't Pic 2d pf_.. 11 Park & Tilford..... 2Y% Park Utah _ - % Parmelee Transp't.. 4% Pathe Film Corp.... 8% Patino Mines._ % Peerless Mot - 64% Penick & Ford (3).. 57% Penney JC (2) ... 3 Penn Dixie Cement.. 18 Penn Dixie C pf(A). 17% Penn R R (a50c)... 17% Peoples Gas Chi 13 Pere Marquette pf_. 16% Pere Marqprof ___ T% Petr C of Am(a33c). 11 Pfeiffer Brew (f1).. 12% Phelps Dodge a50c.. 23 PhilaCo 6% pf (3). 314 Phila Rap Tr pf (d) 1% Phila & Read C&I... 35% Philip Morris (1) ... 13% Phillips Petrol (11). 3 Phoenix Hoslery.... % Pierce Oil. . oocaee. 2% Pierce Oil of . - % Plerce Petroleum.... 7 PittsCoal . ... 51 Pitts Screw & Bolt.. 2214 Pitts Steelpf__ .___. 10% Pitts Term Coal pf_ 241 Pitts United C pf.... 6% Pitts& W Va_____.. 1 Pittston Co. oeeee 1% Porto R Am Tob(A) % Porto R Am Tob(B) 6% Pressed 42% Proc&Gambl (11%) 20% Pub Sve N J (2.40)_ 62% Pub Sve N J pf (5).. 854 Pub Sve NJ pf (7). Pullman Ine (1%)-. Pure Oil PSR Purt Banaries (i), [Radio Corporation.. 29% 5% 49% 8% 4 13% Kennecott Cop 80c... 190 1 3 40% 40 12 112 1 25% 24% 1% 1215 20% 60% 24% 41% 34 13% Y 12% 107% 38% EY 51% 14 13% 114 114 114 26 25% 25% 54' b4'a 351 35% [ 9% 9% 21% 19% 9 1% 18 8% 31 3215 148 1474 551 B5% 1613 16% 50 50 49 49 102 63 T 58%, 38% 6 1614 23 | & - ES B4 +4+4+4+4+ +4 44 FE F = -t I+ +4+44+4+ ++1+t+E4+ + +1 41 #E RF £8 BRPEER s LN EFEE FREFE | | 118 87% 35% RadioCorppfB..__. 6 1% Radlo-Keith-Or(d) . 13% 4% R R Sec Ill Cent_.. 29'%: 16% Raybestos-Man(1). 7 Remington-Rand.. 78% Rep St prpf A $1%. 5% Revere Copper.. - 13 Revere Copper (A)- 17% Baynolds Met (1) 12% Reynolds Spring (1) 43% Reynolds Tob B (3) 21% Roan Ant Ltd a7éc... 31% Safeway Stores (2). 113% 104% Safeway Strs pf(6. 1145 109 Safeway Strs pf(7). 24% 10% St Joseph Ld (40c). 2 % St L-San Fran (d) . 3 1 St L-San Frof (d) 14 '8 StLSouthw'n.__ 56% 22 Schenley Distiller: 1% Schulte Retail Str; 8 Schulte R Strs pf_. 55 Scott Paper (1.80) % Seaboard Air L (d). 5 Seaboard A L pf(d). 20% Seab'd O Del (160c). 31 Sears Roebuck (12). 1'% Second Natl Invest_ 40 Sec Nat Inv pf $2%. T% Servel Inc (al12%c). 9 Sharon Steel Hoop.. 3% Sharp & Dohme ___ 7% Shattuck(F G) (25¢) 20% Shell Trad (a1.23.7) 515 Shell Union Oil . 63% Shell Unton Oil pf__ 87 Silver King C (400). 6 Simmons Co . 4% Simms Petrol 615 Skelly Oil 60 Skelly Oil 29 Smith (A O) 15% Snider Packing. 10% Socony-Vac (30¢) 20 So Porto R Sug (2). 10% South Cal Ed (1%).- 12% Southern Pacific 513 Southern Railway.. 314 Sparks-Withington. 3% Spear &Co _ . 31 Spencer Kell (1. T% Sperry vte (a25c) 813 Spicer Mfg._ .. 33Y Spicer Mfg pf (3) 437 Spiegel-May-S (3)_. 12!; Stand Brands (80c). 215 Stand Com Tobacco. 11; Stand Gas & El (d) 4% Stand G&E $6 pf(d) 6 Stand G&E $7 pf (d) 27% Stand Oil of Cal (1) 111 Stand Oil Exp pf(5) 23 Stand Oil of Ind (1) 53% Stand Ol N J (t1). 1214 Starrett (L §)(1) .- 58% Sterling Prod (3.80) 314 Sterling Secur pf__. 6% Stewart-Warn t50c. 213 Stone & Webster_ 21, Studebaker Corp_ 115% Sun Oil pf (6) 11 Superheater (50 1% Superior Ofl - 17% Sutherl'd Pa t60c. 14% Swift & Co (11) % Symington (d) ____. 1% Symington (A)(d).. 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 Tex Pac L Tr (old) - 18% Thatcher (1) z 61% The Fair pf (7) 2% Thermoid Co 2 Third Avenue. 13% Thompson Prod 1% Thompson Starrett. 7% Tide-Wat Asso Oil 26% Tide Wat Oil(a1.15) 4% Timken-Detroit 28% Timken R B (12). T4 Trans & Westn Al 4% Transamerica (30c) ?:- Transue&Williams. % 24% 20th Century Fox pf 2% TwinCity R T 18 TwinCity RTpf__. 1% Ulen&Co ____ 53% Und-Ell-Fish (2 29 Union Bag& Pap (2) 44 Un Carb & Co (2) 14% Union Oil of Cal (1) 8212 Union Pacific (6) . 20% Un Tank Car (1.20) 97 United Afrcraft____ 415 United Air Line vte 20% United Bise (1.60) 111 United Bisc pf (7) .. 14% Unit-Carr F(71.20) . 46 United Carbon 2.40. 1% United Corp - .. 20% United Corp pf 13'% 8% United Drug - _ 14% 42 United Dyewood.__.. T's 3% United Elec Coal.. 92% 60'3 United Fruit (3) 1812 9% United Gas Imp (1) 215 United Paperb'd (d) 5 U S Distributing pf. 4% U S & For'n Secur... 11 U S Freight (11)_ 40% U S Gypsum (t1) 5 US Hoffman....... 351 U S Ind Alcohol (2). Tia U S Leather (A)vte. 53 U S Leath pr pf vtc.. 14% U S Pipe & F (50¢) - 24'% 8 % 45% 24% U S Rubber 1st pf_. 92 USSm& Ref (a8)_ 313 United Stores (A) 51 Univ Leaf Tob (t2) 7 Univ Pipe&Rad (d). 9% Univ P&R pf (d) _. 1 Util Pwr& Lt (A)__ 1, Vadsco Sales Corp... 11% Vanadium Corp .. 11% Van Raalte (a50c).. 34 Vick Chem (12). ... 214 Va-Car Chemical 171 Va-Car Chem 6% of 72% Va El & Pwr pf (6)_ 2 Va Iron Coal&Coke. 631 Vulcan Detin (a4) . 1 Wabash (d) - 1% Wabash pf (A)(d) 41» Waldorf Sys (50¢) . 26% Walgreen (al.30) 120 114 Walgreen pf (6% 6% 1% Walworth Co (d) 5 Ward Baking (A) 1% Ward Baking (B) . 28% Ward Baking pf (2) 2y Warner Bros Pic_._ % Warner-Quin (d) 21, Warren Bros ___ 27% Waukesha M(160c) 4 Webster Eisenlohr. 3 80 55% 5 991 397 West Pa Elec pf(7). 114 95 West Pa Pwr pf(6). 120 104% West Pa Pwr pf(7). 5% Western Maryland. 7% Western Md 2d pf_. 1% Western Pacific __ 2% Western Pacific pf-.. 20% Western Union ... t'gh'se A B 50c. tingh'se El(al) 6% White Motor 12% White Rk M S(1.40) 1% White Sewing Mch. 1 Wilcox Oil & Gas_.. 3% Wilson & Co (50c) .. 58 Wilson & Co pf (6). 51 Woolworth (2.40) - 11% Worthington Pump. 25% Worth Pump pf(A) 20 Worth Pump pf(B). 351 Wright Aero.. - 2% Yellow Truck .- 811 Yellow Truck pf,... 18 Young Spr& W (2). 13 Youngstown S&T. 384% Youngst'wn S&T pf. 1% %enith Radio. . ..... 2% Zonits Products.... Rights Expire. 1 Allis-Chalm Dec. 11 % Budd Mfg. Apr.1é Approximate Sales of Stocks on the N. Y. Stock Exchange. 86l 5% 14% 28% 16% 5% 18% 8% 5% R TR & L ST Y +4+ T4+E++ + 4444414 -1 s 4 -3 +1 + i+ % & Noon.......1,380,000 tions. reorganized. /fi&f“’x‘n’fl;&%fl i glngs 51703 A SHARE Heavy Buying Among Rails. Spurs Market After Realizing Period. Stock -Averages 30 Indus. R Net change. +.3 Today, noon 73.9 Prev. day_.. 736 Month ago. 74.0 Year ago._. 55.0 1935 high. 6.3 1935 low. 49.5 1934 high 614 1934 low... 453 242 349 1932 low... 175 8.7 239 169 1929 high ..146.9 153.9 184.3 157.7 1927 low... 51.6 953 618 618 *New 1935 high. (Compiled by the Associated Press.) 15 60 . Uil Btks. +2 +.2 553 55.1 539 413 56.1 3438 514 434 432 417 271 446 216 40.6 BY VICTOR EUBANK, Associated Press Pinancial Writer. NEW YORK, December 4.—Heavy buying among rails lifted the stock market 1 to 3 points during late deal- ings today. Trading became active at the be- ginning of the final hour after a rest~ ing spell, during which early gains of major fractions to more than a point were shaded by profit taking. Union Pacific was especially strong, with a gain of more than 3 points, and Santa Fe made a new 1935 high | at 57% for an advance of nearly as much. Other shares in steady de- mand included New York Central, Baltimore & Ohio, Pennsylvania, Johns-Manville, Kennecott, Bethle- hem Steel and Seaboard Oil. The | late tone was strong. Sales approxi- mated 2,800,000 shares. | Great Northern’s Bonds to Provide Conversion Rights By the Associated Press. NEW YORK, December 4.—Great 1, | Northern Railway’s $100,000,000 bond | issue to be offered in connection with 1 | refunding of the general mortgage 7s, | due July 1, 1936, will have the privi= 1| lege of conversion into stock at $40 & share for half of the offering and at $75 for the remainder, it was disclosed 1 | today. On this basis the owner of a $1.000 bond, which will have a coupon rate | of 5 per cent, may convert $500 at 40 | and $500 at 75. The stock was quoted today on the New York Exchange | around $33. : Stockholders will meet December 20 to authorize the new issue, and at the | same time they will vote on changing 4 | the stock from $100 par to no par. | The bonds will be first offered to | stockholders and any unsubscribed portion will be offered to holders of the maturing 7s. 7 | Chicago Grain By the Associated Press. CHICAGO. December 4 —More than 113 cents a bushel fall of Chicago wheat prices late today accompanied downe | turns of the Winnipeg wheat market, 7| Inferences were drawn by Chicago 1, | traders that Canadian wheat would 13 be available whenever wanted and s | that since Canadian wheat is being = | imported into the United States weak~ :: ness of Winnipeg quotations could be 1, | disregarded. Competition of Cana- 1, | dian wheat receipts in the Chicago 1 | market was illustrated by arrival of 300.000 bushels of bonded wheat here 's | today from Fort Wiliam, Ontario. 1| Wheat closed unsettled, 3-1!2 un- 1; | der yesterday's finish; May, 95!2-5. % | Corn, ¥2 off to % up; May, 58%-12. % | Oats at 4-12 decline, and provisions x| 2 cents to 7 cents down. ];Ilmh. Cash wheat, no sales reported: corn, ¢! No. 4 mixed, 54; No. 5 mixed, 5la 53'2a5412; No. 5 No. 4 white, 55!2; | No. 5 white, 5212a541:; sample grade, 39a49',; oats, No. 3 rye; buckwheat, No. 1, 1.05; soy beans, | No. 2 yellow, 83, net Chicago; No. 3 yellow, 8112; No. 4 yellow, 80; barley actual sales, No. 2, 72; nominal, feed, 30a42; malting, 40a81: timothy seed, 3.00a3.25 c.w.t.; clover seed, 12.00a [ 17.50 c.w.t. Liverpool Grain Prices. 3 |, LIVERPOOL. December 4 (#.—Wheat 14 | futures closed steady. Prev. 4 | High | Decembe: 3 March 5% May _____T_ 85% Exchange. 4.02%. New York Cotton By the Assoclated Press. NEW YORK, December 4.—Cotton was reactionary today under realizing and Southern selling. March contracts sold off to 11.63, or about 7 points net lower and were ruling around 11.64 in the midafter- nocn market, which was quiet at net declines of 6 to 13 points. tions, 4 0P.—Cotton. 11,300 American. r demand. improved business Q“E{‘éfiom Liverpool Q LIVERPOOL. Decem! 300 bales. inciudiny one point hii done; prices i ce: American g FOREIGN EXCHANGES. YORK. December 4 (.—Foreign exchange irregular: Great Britain in dole ' lars, others in cents. ) Jélllnmllilemlnd. ll.?&;lr:‘ tlblde.l: 5. 4.93% Tialy Ge- les. 8.10n. Belgium. .81; Germany, Teg. tourist. 22.80: res. Holland, 67.77 . 25.45: Del na, 3 IR R0 8 ngha! ‘Hongks 0; Mexico City, 27'85: Montreal in New York. 98.93%i New York in Montreal, 101.06%. n—Nominal. RUBBER FUTURES. 'ORK. “IM » 4 white, 25; sample grade, 23a24; no , »