Evening Star Newspaper, December 16, 1935, Page 18

FINANCIAL IN BANK ASSETS B,409 National Institutions Report Increase of $1,369,665,000. BY EDWARD C. STONE. Controller of the Currency J. F. T. ©'Connor reported today that 5409 national banks in the United States and its insular possessions showed an increase of $1,369.665,000 in total assets on the call date of November 1 and the last previous call on June 29. The same banks increased 'their holding of Government securities by $1,145,364,000, Controller O’'Connor said. Loans and discounts during the same period decreased $322.000,f 000. Total deposits of the banks on No- Yember 1 were $24,033,236,000, an in- crease of $1,514.990,000, or 6. 73 per cent, since June 29, and an increase of £3.211,844,000, or 15.43 per cent, since October 17, 1934. The percentage of loans and dis- feounts to total deposits on November 1 was 30.38 compared with 32.71 on June £9 and 36.66 on October 17, 1934. Seaboard Offering Out Today. TInitial public financing for Seaboard Finance Corp., operating a system of nine personal loan offices in Virginia and Tennessee, in the form of new {ssues of 30,000 shares of $2 cumulative preferred stock, with warrants, and 22,500 shares of common stock is being made by Leach Bros., Inc., and James M. Johnston & Co., Washington. The stock is being offered, by means of a prospectus, at $28.50 per share for the preferred and $7.50 per share for the common stock. Each share of preferred stock will carry a warrant entitling the holder to subscribe for one share of common stock on the following basis: $7 per share on or before December 31, 1936; $8.50 per share between January 1, 1937, and Pecember 31, 1938, and $10 per share from January 1, 1939, to December 31, 3940, when the warrants expire. New Check Record Forecast. The general trend of debits to in- dividual bank accounts, sometimes re- ferred to as checks cashed, has been upward since the bank panic early in 1933 when the low for the depres- gion was reached, according to the Alexander Hamilton Institute. Although debits in November were slightly below the peak of the move- ment reached in October they were 612 per cent above the depression’s low and 25.4 per cent higher than a year ago. The prospect is that a new high peak will be reached in Decem- ber. The increase ia bank debits, however, has been partly a reflection of a rising price trend. When allowance is made for the rise in price, bank debits still indicate, however, that the gain in business has been substantial. The index of the purchasing power of checks cashed was 30.1 per cent higher in November than a. the low for the depression. There is still a wide margin between the present level and full recovery. The purchasing power index in No- vember was 28.2 per cent lower than the 1929 average. Safe Deposit Meeting Soon. The safe deposit section of the Dis. trict Bankers’ Association will hold the regular December meeting next Wednesday evening at 8 o'clock in the board room of the American Security & Trust Co. All banks that have not sgent delegates to other meetings are urged to be represented at the com- Ing gession, as it is expected to be of more than ordinary importance. ‘Washington banks appeared in gala Christmas attire this morning, the | yuletide decorations having been | brought out Saturday afternoon after closing time. The lobbies were most | mttractive, most of the banks having | one good-sized tree and some of them more. Bankers and a good many olher\ citizens received special letters today from Secretary Morgenthau, calling mttention to the United States baby bonds for investment purposes. “In- | creasingly large numbers of persons | mre buying United States savings bonds regularly,” the announcement | stated. In order to simplify their purchase the Treasury has devised a glirect mail order blank. Fleming Names Comumittees. Robert V. Fleming, president of the Wmerican Bankers' Association, today Bnnounced the complete committee Bo arrange for the Eastern Conference pn Banking Service, to be held in Philadelphia January 23 and 24. As| Blready stated, Harry J. Haas, former president of the A. B. A, is general chairman. ‘The general topic of the conference will embrace managerial, legislative end operative problems confronted by &l classes of banks and will be held in addition to the established trust and savings conferences regularly con- ducted under the auspices of the asso- ciation. An outstanding phase of the meetings will be the development of plans for promoting a general better public understanding in regard to the functions and policies of banks. Bankers will participate in the con- ference from Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, Ohio, Maryland, Dela- ware, Virginia, West Virginia end the District of Columbia. Riggs Bank Stock Active. Riggs National Bank common stock ‘was popular on the Washington Stock Exchange again today. The market opened with two small lot sales at 209, followed by a 50-share sale at 210. This stock has been in demand in miany recent sessions. Totomac Electric Power 5% per cent preferred opened the week at 11413 ehd the corporation’s 6 per cent pre- férred sold at 111. The rest of the dgy‘s trading was in bonds. Capital Traction 5s were wanted at 94, two $1,000 sales and one $500 sale taking place at that figure. Washington Gas Light 5s, 1950, came out at 118 on two $500 sales. City & Suburban 55 were strong today, a $3,000 transfer being recorded at 89. Other bid and asked prices were prac- tically unchanged. Life Insurance Sales Up. Continuing its advance of the two preceding months, new life insurance production during November in- creased 3.4 per cent over the corres- ponding month last year, totaling $700,059,000, compared with $676,- 787,000 in the like period last year, according to the Association of Life Insurance Presidents. Figures are compiled from 42 companies having 83 per cent of the total insurance out- ding in all United States legal 'e companies. e Washington insurance -figures, in a few days, are certain to an increase, probably consider- ;;l: mora than the national average. v have been higher in every other menth this year. Prev 1035 Stock and High. Low. _ Dividend Rate. 521y 32 Abr & Straus(11.20) T4% 51 Acme Steel (12%5). 11% 4% Adams Express 87% 28 Adams Millis (2)._. 24% 8 Addresso Mul(60c). 18% 415 Advance Rumley __ 8% 615 Affiliated Prod(60c) '3 104% Alr Reduction (13). 2% % Alr-Way Elec Appl. 20'% 13% Alaska Jun «t60¢c).. 3% % Alleg Corp (d) 14% 2% Alleg pf w330w (d). 14w 2 Alleg of wS40w (d). 33% 6% Alleg pr of (d) _ 3015 21 Allegheny Stl (1)._. 173 125 Allied Chem (6) 24 12 Allied Mills (a25e) . 9 3 Allled Stores 75% 49 Allled Stores pf (5) 877 12 Allis-Chalmers 412 214 Amal Leather 40 26 Amal Leath pf ($2). 77% 481¢ Amerada Corp (2) 475 1312 Am Bank Note a25e 41% 21 Am Brake Shoe 11 . 129 119 Am Brk Shoe pf (1) 149% 110 Am Can (14) 32 64% 31y 96 8% 85% 1819 10 Am Car & Foundry. 25'2 Am Car & Fary pf_. 8 Am Chain 66 Am Chicle (13) 2% Am Colortype 22! Am Comel Alcoho 612 Am Crystal Sugar 72 AmCrys S 1st pf(6) % Am Encaustio (d) _ 2 Am & Forelgn Pwr._ 12 Am & For Pw $6 pf_ 14 Am & For Pw 87 pf_ 37 Am & For Pw 2d pf_ 84 Am HawailanSS(1) 3 Am Hide & Leather. 28 Am Hide & L pf 2914 Am Home Pr (2.40). 174 Am Ice 14' Am Ice pf (a5) 41s Am International . 9 Am Locomotive 32 Am Locomotive pf 1812 Am Mch & F (180¢). 4" Am Meh & Metals 13': Am Metal 1'; Am Power & L|i.'ht &% Am P&L $ipf(al1%) 10'« Am P&L $6pf(alls) 10'2 Am Radiator 15% Am Roll MI11(1.20). 4!, Am Seating vte 20 Am Shipblde (2)_ 31% Am Sm & Refining 10174 Am Sm&Ref pf (6 121 Am Sm&Ref nf (1) 12 Am Steel Foundry. 33': Am Stores (2) __ 50% Am Suger (2) _____ 1815 Am Sumat Tob (+1) 987 Am Tel & Tel (9) ... 72!y Am Tobacco (5) 74% Am Tobacco(B)(5). 129'« Am Tobacco pf (6) . 213 Am Type Fdrs (d) - 9 Am Type F pf (d) 7's Amn Wat Works. 47 Am Woolen 35': Am Woolen pf - % Am Writ Pap (d) _ 210 Am Writ Pap pf (d) 3 AmZinc & Lead __. 8 Apaconda Copner. 1614 Anaconda Wire __ 107s Anchor Cap (60¢) . 113 A P W Paper 36 Archer-Dan-M(t1). 3'% Armour of [llinois . 551 Arm’r(I11)pr pf(6) 16's Armstr's Cork (+1) 4 Arnold Const (50¢) 713 Asso Drv Goods 807x Asso D G 1st pf $12 48 AssoDGudpf 35% Atch To&S Fe (a2) 66% Atch To&S Fe pf (5) 1912 Atlantic Coast Line 2 AtIGulf & W Ind. 20'; Atlantic Ref (1) Atlas Tack Auburn Auto % Austin Nichols 23, Aviation Corp(Del) 1'2 Baldwin Loco (d) T'2 Baldwin Loco pf (d) 714 Baltimore & Ohio - « Baltimore & Oh pt 11\0*. Bamberger pf (61) 36's Bang & Aroos 213) - 3% Barker Brothers 57 Barnsdall Corp 606 3712 Bayuk Clgar (1) 14 Beatrice Cre (a50c) 11% Belding-Hem (1) __ 117% Bendix Avia (a25c). 15' Beneficial Lo (1%)- 34 Best & Co (2). 21% Bethlehem Ste: 14% Bigelow-San Corp. 9% Blaw-Knox (10c) 615 Boeing Airplane 39% Bohn Alum & Br (3) 90 Bon Ami (A)(t4) _ 38% Bon Ami (B)(12)_ 21 Borden Co (1.60) 28'( Borg-Warner (2)_ 3% Boston & Maine 1 Botanv Min (A)(d)_ 812 Bridzep't Brass 40c 241, Brizes Mfz (+2) 204 Bristol-Mvers (12)_ 12 Bklyn-Man Tr (3) 1% Bklvn & Queens _ 43 Bkivn Un Gas (3)_. 3% Brunswick-Balke_ 4% Bucyrus-Erte _ 81, Bucyrus-Erie ev pf_ 62% Bucyrus-E pf ($3)_. 3% Budd(E G)Mfg 23 Budd(E G)Mfg of. 215 Budd Wheel - 814 Bullard Co 3% Bulova Watch 14 Burns Bros (A)(d) . 1 Burns Bro B (d) 13% Burr Ad Mch (160¢) 1 Bush Terminal (d). 5% Bush Term deb (d) 117% 144 25% 43 70 277 16019 104% 107 141 10 10 Bush Term B pf cod 3008 1% Butte Copper&Zine. * Butterick Co (d) 11% Byers (A M) . : 30'; California Pkg(1%) 14 Callahan Zinc 2'; Calumet & Hecla__. 7' a Clmel" Wy (1) 4% Capital Admin (A)- 3215 Cap Adm pf (A)(3) 35 Carriers & Ger 20c. 45% Case (J 1) Co 3612 Caterpillar Tr (1) 1915 Celanese Corp .. 16'« Celotex Corp 221 Cent Aguire (1%) 34 Central RROfNJ 38% Cerro de Pasco (4). 35, Certain-teed Prod _ Certain-teed Pr pf % Checker Cab Mfg 374 Ches & Ohio (2.80) 36 Chesapeake Corp(3) 7% Chi & East 111 f (d) % hi & Grt West (d). 15 Chi & Grt W pf (d) . 15% Chi Mail Order (+1) % Chi Mil StP&P (d) .. % Ch! M StP&P pf (d) 1% Chi & N W (d) 4% Ch) Pneumatic Tool 20 Chi Pneu Tool pf__. % Chi R |1 & Pac (d) _ 1% Cht R I&P 6% pf(d) 1% Chi R 1&P 7% pf(d) 25 Chickasha C O (2) 9 Chile Copper (a25c) 100s 31 Chrysler Corp (3) . 12 City Ice & Fuel (2). 69% City lce&F pf (6%) 3% City Stores 124 Clark Equip (80¢) 721% Coca-Cola (12) _ 15% Colgate-P-P (150¢) 9 Collins&Afk (a50c) 69% Collins & Afk of (7) % Colo Fuel & Ir (d) . 5 ColoF&lpf(d _ 7 Colo & South 1st pf. 63 Colo & South 2d pf.. 3% Col G & E (a20¢) 3515 Col G & E pf (A)(6) 31 Col3&EDf(5) . 67 Colum Carb vtc(t4) 391 Comel Credit (2%). 56% Comecl Inv Tr (13) _. 97% Comel In T pf (4%) 1612 Comel Solv (160¢) . % Comw & Southern . 27 Congoleum-N +1.60. 9 Congress Csr (a2).. 14% Conn R& L 7 Consol Cigar—_——__. 31 Consol Film _ 14% Cons Film pt ($1%) 157% Consol Gas N Y (1). 72% Consol G N Y of (5) 1% Consol Laundries. _. 615 Consol Oll (a26e) .. 21 Consol R R Cuba pf. 1 Consol Textile...._. 8% Container Corp (A). a ‘Ada 00. e 218 THE EVENING STAR, WASHINGTO Net High 508 ) 1 10% 25 1% 6% 9% 201 a4 seg s LAl 245 3614 30% 125 2613 l“': 481 2215 13% 10% 6% 114+l ++T1 14} 14011+ 120 593, 120 514 181 4'a 414 6 6 R0s 17 +lli| SR AL 7 43 30s 24 2 22 2 6 1 708 14 25 17 2 2 10 1174 35'3 90 128 81% 118 30% 22% 30% 73 23% 11% 5 42% 190% 6 288 9 108 1 2 28 30% i 104% 108% 64 ll 1096 4% 7 140 + u 113 103% - | 324 5 —%| 2T% mu 28% 13% % 3% % 1% 1Th — e Prev, 1935 36% 22 2:00 p.m. Stock and Dividend Rate. 2'4 Container Corp (B). 4% Contl Baking (A)... 5 Contl Baking (B).__. 46% Contl Baking pf (4). 62% Contl Can (3) ____ 7 Contl Dia Fiba1.05_ 287% Contl Insur (11.20). % Contl Motors e 154 Contl Oil of Del(1) - 41% Corn Ex BK&TTr (3). 60 Corn Prod Ref (3) 41 Coty Inc 367 Cream of W 11% Crosley Rad (a26c). 231 Crown C & S (11)... 3% Crown Zelleb'k vte.. 14 Crueible Steel 474 Crucible St pf $1%. 1 Cuba Co -- 5 CubaRRpf .. _ 5% Cuban-Am Sugar .. 4015 Cuban-Am Sug pf.. 39% Cudahy Pkg (2%) 15 Curus Publishing 89'3 Curti= Pub pf (7) ... 2 Curtiss Wright _ __ 6% Curtiss Wright (A) ls Cutler-Ham (a25¢). Davega Stores t30c. 22‘. Deere & Co 19 Deere&Co nf(11.10) 23'3 Delaware & Hudson 11 Det Lack & West 1'; Den&RioGWp f (d) 34% Dia Mtch pf (t13)._ 13% Dist Corp Seag Ltd. 34's Dome Mines (¥2) ._. 6% Dominfon Stores __ 17'2 Douglas Air (a75¢). 1315 Dresser MfgA all 6% Dresser Mfg B 1« Duluth S S&Atl pf_. 2 Dunhil Internatl 12% Duplan Silk (1) 86 Du Pont (13.60) _. 12675 Du Pont deb (6) - 2% Eastern Roll Mills_. 110': Eastman Kod (15) 141 stman Kod pf (6) aton Mfg (*1) Jitington-Schild _. Elec Auto L (a30¢). Electric Boat . Elec&Mus Ind a24c_ ec Pw & Lt $7 pf_. Elec Stor Bat (12) Elk Horn Coal (d) Elk Horn C pf (d) Eng Pub Sve $5 pf : Eng P S $5.50 pf ww Eng Pub Svc $6 pf__ : Equit Office Bldg. Erie R R sErfe R R 1st pf Erfe R R 2d pf Eureka Vac C (80c) Evans Products (1) Kairbanks Co __ Fairbanks Co pf Fairbanks Morse 2 Fairb'ks-M pf $314_ Ked Lt & Tr pf (6) Fed Min & Smelt pf_ Fed Motor T (a20c). Fed Screw Works _ Fed Water Sve (A)_ « Fed'd Dept Strs(1) . : Fid Phoe F 1(11.20). « Firestone (40¢c) 841, Firestone pf(A)(§ 44% First Nat Strs (2%) 214 Follanshee Bros (d) 2014 Food Machine (1)_. 97« Foster-Wheeler 60 Foster-Wheeler pf 19% Fourth N | ww al.10 174 Freeport-Texas (1) 11212 Freeport-Tex pf(6) 4% Fuller Co2d pf _... 7« Gabriel Co (A) __ 5':Gen Am Investors__ 325, Gen Am Trans(1%) 11% Gen Asphalt (a25e). 7+ Gen Baking (60¢) 51 Gen Bronze 2 GenCable __ 4 GenCable (A 461 Gen Cigar (14) __ 20'; Gen Electric (80c) 30 Gen Foods (1.80) 1% Gen Gas & El (A) _. 8 Gen G&E 6%cv pfA 116 Gen Mills pf (6) 26% Gen Motors (12) 107!z Gen Motors pf (5). 3 Gen Outdoor Adv_ 10 Gen OQutdoor Adv A. 112 Gen Public Servic 15% Gen Ry Signal (1) % Gen Realty & Util__ 14% Gen Real&U pf ww._ 16% Gen Refrac (a50c) - 14 Gen Stl Casting pf. 12 Gillett Saf Raz (1) 701; Gillett Saf R of (5). 214 Gimbel Bros _ 18 Gimbel Bros pf. 23%. Glidden Co (2) _ 1047« Glidden Co pr pf () 1'« Gobel (Adolf)(d).. 14% Gold Dust (1.20) 713 Goodrich (BF) __. 40 Goodrich (B F) pf__ 15% Goodvear T&R __ 21, Gotham Silk Hose _ 20 Gotham Silk H pf - 1% Graham-Paize 5'4 Granby Consol. 24 Grand Union - 14% Grand Un pf (113) 26 Grant (W T)(11). 9% Grt Northern pf __ 914 Grt North Ore (50c) 26% Grt West Sug (2.40) 119 Grt West Sug pf(7) 25% Green (H L)Inc(1). 201, Greyhound Corp _. 1 Guantanamo Sugar 19 Guantanamo Sug pf 6 Gulf Moblle & N pf- 4 Hall W F Printing . 100's Hanna (M A)pf(5)_ 16 Harbison Walk (1) 515 Hat Corp of Amer _ 81 HatCopf ww (613) 1% Hayes Body g 85 Hazel Atlas Gl (5) 11 Hercules Motor (1). 71 Hercules Pwr (13) 122 Hercules Pw of (7) 73% Hershey Choe (3) . 104 Hershey C pf (1) 5% Holland Furnace 20'« Holly Sugar 7% pf . 612 Houd-Hersh(B)1% 49 House Fin pf (3%). 113 Houston Oil (new)._ 43 Howe Sound (t3)_ 2% Hudson & Manhat 6'4 Hudson Motor Car % Hupp Motors __ 9% [11inots Central 15 Illinois Central pf 40 111 Cent lIse lines (4) 214 Indian Refining 2313 Indus Rayon (1.68) 60': Ingersoll-Rand(12) 46% Inland Steel (t2) 215 Inspiration Copper 4 Insur Sh Md cfs 15¢ &% Interboro R T (d) 4% Interlake Iron 25 Int Agricultural __. 26 Int Agricul prpf 149% Int Bus Mach (16) . 7 Int Cement (1) _. 34% Int Harvester 1.20 . 1% Int Hydro Elec (A). 17 Int Merch Marine _. 22% Int Nich Canta7c). 134 Int Paper & Pw (A) 3% [nt Paner & Pw (C) 4% Int Paper & Pw pf . 21% Int Print Ink (1.40). 9% Int Ry C A pf_ 25 IntSalt (1%). 421 Int Shoe (+2) _ 57 Intl Silver pr_. 5% Int Tel & Tel 87 Interstate Dept Str 70% Int Dept Strs pf (7) 64 Intertype (a40c) 241 Island Creek C (2)_. 49 Jewel Tea (3) - 38% Johns-Manville(2)_ 3% Kans City Southn T% Kaufman Dep S (1) 15% KavserJ&Co(al.15) 34 Keith-Albee- 10% Kelvinator (t50¢c) 84 Kendall Co pf (16). 13% Kennecott Cop 80e. 10 Kimb-Clark (50¢). 2% Kinney (G R) Co 23 Kinnev«G R) Copf 19% Kresge (S8) ((1).. 103 Kresge (S8) pf (7). 224 Kroger G&B (1.60) 12 Laclede GasSt L. 21% Lambert Co u) 8% Lee Rul 1% Lehigh- VNIQ“L S = 126% 117% Johns- Manv pf (7) x 50! 50 Jones &Laugh7%pf 90s 5 m 1% 2 5% 85 15t 137% ¢ 130y 110' 6% 1551 - AeEeScesdnanase- L+t i++el + % (EREEZ R EENE 3} | TR 1+ 28% 61'/) 89 125 125 125 +% 82 85% ~3% 5 12% ll!fi 115% —1% 5 18% 18}y — % 29 20% = % 80 26% —1% 18 108 !“ Blh '6-!6 107 mmmcn(m) 100101“10! lfl ..l ll 24 2% DG BIG GAIN SHOWN TRANSACTIONS ON THE NEW YORK Bales— Prev. 1935 A“OO llth. !a' mml. High. 2:00 p.m. Stock snd Low. 5% Lehigh Val Coal pf. 5 Lehigh Valley R R.. 6T% Lehman Corp (3) ... 10% Lehn&Fink Prod(1) 64 Libby McNefll & L 21% Lib-O-Ford G1(1.20) 9414 Ligg & Myers (14)_ 93% Ligg&Myers (14) B 15 Lily Tullp Cup(1%) 13% Lima Locomotive... 17% Link Belt (80c) __. 24% Liquid Carb(11.60) 31% Loew's [ne (2) 1 Loftinc __ 14 Long Bell Lum (A). 18% Lorillard P (11.: !0). * La Oit Ref (d) 4'; La Oil Ref pf (d) ._. 10% Louisv G&EpfA 1% 34 Louis&Nash (a23%). 12% Ludlum Steel. .___. s 28 MeCall Cérp (2).. . 16215 14015 14% k3 83% 207 11% 131. 10 361 29% NEW YORK PRODUCE. b4 16 # —lulte "IW flmO'-K- December T4 McCrory Stores (d). - 33% Mcintyre Porcu(2) 90%s McKe 574 McKesson & Rob 39 McKesson&R pf(3) 815 McLellan Stores 85!; McLellan Stores pf. 18% Mack Truck (1) __ 30'3 Macy (R H)& Co(2) Madison Sq G (a30c) Mandel Bros S Man El md gtd (d)_. Manhat Shirt (60c¢). acaibo O1l Exp.. Marine Midld (40c). Market St Ry - Market St Ry pr pf. Market St Ry pf Market St Ry 2d pf_ Marlin-Rockwell(2) Marshall Field & Co Martin Parry - Mathieson Alk 1% May Str (1 60) Mayiag Co Maytaz ot ww $7%. Melville Shoe (3) Merch & Min T 1.60 Mesta Machine (2). Miami Copper Mid Cont Pet (adbe) Mid Stl Prod(a2ic) . MidlI'd Stl 1st pf(8). Minn Moline Pwr._. Minn & St L (d) _ M St P&S S Marje.__ MStP&SSMlsin_ : Mo Kans & Texas _ Mo Kans & Tex pf.. Mo Pacific (d) _ 4 Mo Pacific pf (d) Mohawk Carp (1) _ Monsanto Chem (11) Montgomery Ward - Mother Lode - Motor Products 2). Motor Wheel (60c). Mullins Mfg (A) Mullins Mfz (B) Mullins Mfg pf_ Murray Corp Nash Motors (1) ... Nat Acme Co Nat Biscuit (1.60) 2 Nat Cash Reg(50c) Nat Dairy P (1.20) .. Nat Dept Stores (d) at Dent Str pf (d). Nat! Distillers (2) . Nat En & Stpg (2) Nat Lead (15) _ Nat Lead pf (7) A Nat Lead pf (6) B . Nat Pwr&Lt (60c) Nat Ry Mex 2d pf_ » Nat Steel (11) Nat Supply Co Nat Tea (60c) Natomas Co (80c) - Newport Industries Y Alrbrake = N Y Central RR ¥ Chicago & St L YChi&StLpf Y Dock - i< N Y Dock pf . N ¥ Investors (d) - NY NH & H «d) NY NH & H pf (d) NYRyspf(d) - N ¥ Shipbuilding.. N Y Shipbldg pf N Y Steam pf (6)_. N Y Steam 1st (7) Norfolk & W (18) __ Norf & West pf (4). North Am Aviation_ North Am Co (1) 3513 North Am Co pf (3) 8612 Northn Central (4)_ 131x Northern Pacific 114 Norwalk Tire&Rub. 91 Ohio Oil (a30c) 161 Oliver Farm Equip- 312 Omnibus Corp vte .. 47 Oppenheim Collins_ 11'x Otis Elevator (60¢) 106 Otis Elev pf (6) 41 Otis Steel 22+, Otis Steel pr pf_ 38 Outlet Co (2) 80 Owens-1ll Glass(4) 14 Pac Am Fisniazic) 313 Pacific Coast 1st 1314 Pacific G & E 11%5) 19 Pacific Ltg (2.40) .. 12 Pacific Mills 8 70 Pacific Tel&Tel (§) 6% Pacif West Ofl a25e 3t; Packard Motors __ 10% Pan American Pet 1 Panhandle Pro & R- 721x Paraffine Co (2) - 8 Paramount Pictures 67 Param’t Pic 1st pf_. 91 Param't Pic 2d pf__. 11 Park & Tilford 2% Park Utah % Parmelee Transp't_. 47x Pathe Film Corp.... 8! Patino Mines _____. 4, Peerless Motor _. 574 Penney (J C) (13) 2 Penn Coal & Coke 3 Penn Dixie Cement_ 17% Penn R R (a50c) 10835 Peoples D S pf(6%%) 17% Peoples Gas Chi 91 Pere Marquette 16'2 Pere Margq pr pf 7% Petr C of Am(a33c). 11 Pfeiffer Brew (t1)_. 12% Phelps Dodge a50c_. 23 Phila Co 6% pf (3)_ 1% Phila Rap Tr (d)- - 313 Phila Rap Tr pf (d) 1% Phila & Read C&I... 35% Philip Morris (1) 513 Phillips-Jones C.. 13% Phillips Petrol (1)’ 14 Pierce Ol _ - 2% Pierce Oil pf % Plerce Petroleum__. 31 Pillsbury F1 (1.60)- 261 Pitts Coal pf & 2 Pitts Screw & Bolt_. 22'- Pitts Steel pf E 10% Pitts Term Coal pf. 2415 Pitts United C pt._. 674 Pitts & W Va Z 615 Plymouth Ofl_. 61» Poor & Co (B) 14 Porto R Am Tob(B) 4% Postal Tel&C pf (d) 5 Pressed Stl Car «d). 613 Pressed Stl C pf (d) 42% Proc&Gambl (11%) 20% Pub Sve N J (2.40) 73 Pub Sve NJ pf (6).. 8514 Pub Sve N J pf (7). 97 Pub Sve E&G pf(5). 291 Pullman Inc (1%)-. 5% Pure Oil 34% Pure O11 6% p! 49% Pyre O11 8% of 8% Purity Bakeries (1) 4 Radio Corporation 50 Radio Corp pf A 3% 35% Radio Corp pt B 1% Radio-Keith-Or(d) . 4% R R Sec |11 Cent 29% Feading (2) 20% Real Silk Hos pf. 1 Reis tRobt) 8 Rels (Robt) 1st pf. 7 Remington-Rand._.. 69 Rem-Rand pf (6)--. 2% Reo Motor Car _ 9 Republic Steel _ 28% Republic Steel pf 78 Rep St pr pf A $1%. 515 Revere Copper = 13 Revere Copper (A)- 75 RevereC& Bpf.. 17% Reynolds Met (1) 12% Reynolds Spring (1) 43% Reynolds Tob B (3) 217% Roan Ant Ltd a76c 29% Royal D(al1.70 1-10) 3 Rutland RRDpf __. 150 121% 47 Dividend Rate. _Add 00. High. High. Low. . 26% 2 3 13% b56% - I =I T Y 0 Zawe 58% 72 30 16% 112 28% 151 27 254 16%3 21% 70 R AR 116 305 50% 324 68 84 18% 14% 10% 77 121 3% 25 9 21% 1% 6% 9% 814 26% 36% 26% 9 1213 40 12% lm. 12W 66 &8 89%, 100 100% 214 214 105'% 105t 5% 24% 66 114 120 10% 19% 3% T4 7M™ 351 98% 311 37% 25% 32% 102% 191 24 36% 15% 1021 1174% 1174 117% MW 13% 13% — % 1% 1% - % 55 55 83% 83% — % 5 5 12% - % 37 12 37 68 -2 2% 17 +1 68 2% 17 18% 194 — % 84 84y 4% 1% — % 84% +1% 0% + % 13 -1% 30 -2% 110 110 -1% % 26% 26 A S et - extra year. Prev. 1935 Low. 2 143 MONDAY, DECEMBER 16, 1935. STOCK EXCHANGE FINANCIAL, 2:00 p.m. Stock and . Dividend Rate. 31% Safeway Stores (2). 10% St Joseph Ld (40c). % St L-San Fran (d).. 1 8t L-San Frpf (d).. 6 Savi Arms____. 22 Schenley Distiller: 1% Schulte Retai! Str; 8 Schulte R Strs of. 65 Scott Paper (1.80)_.x % Seaboard Afr L (d) . % Seaboard A L pf(d). 20% Seab’d O Del (t60c). 27 Seagrave Corp.. 31 Sears Roebuck ( 40 Sec Nat Inv pt 82'4 % Servel Inc (al12%c). 9 Sharon Steel Hoop... 3% Sharp & Dohme._ 40% Sharp & D pf l!%) T% Shattuck(FG) t25c. 5% Shell Union Of1 - 8% Silver King C (40¢c). 6 si ons Co _. 4% Si s Petrol._ 615 Skelly Oil = 13 Sloss-Sheffield S 29 Smith (A O). 15% Snider Packing 10% Socony-Vac (30¢ 107% Solvay Am pf(5%). 20 So Porto R Sug (2). 132 SoPortoR S pf (8). 10% South Cal Ed (1%). 12% Southern Pacifie __. 5! Southern Rallwa. 7 Southern Ry pf 42 Spalding(AG)1st pf 3% Sparks-Withington. 31 Spencer Kel 7% Sperry vte 43% Spiegel-Ma: 12'; Stand Brands (80c). 122% Stand Brands pf(7) 213 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) 7% Staad Inv Corp 274 Stand Ol of Cal (1) 111 Stand Oil Exp pf(5) 23 Stand Oil of Ind (1) 53% Stand OII N J (11) .. 1213 Starrett (L S) 1.40_ 58% Sterling Prod (3.80) 3 Sterling Secur pf___ 6% Stewart-Warn t50e. 2'3 Stone & Webster 214 Studebaker Corp 60'2 Sun Ofl (11) _ 115'; Sun Oil pf (). 1% Superior Ofl 17% Sutherl'd Pa t60c... 3% Sweets Coot Am__. 14% Swift & Co (11). % Symington (d) . 1% Symington (A)( 6% Telautograph(60c).. 4 Tennessee Corp. 16’2 Texas Corp (1) 28% Texas Gulf Sul (2). 14 Texas&PacRR .. 3% Tex Pac Coal & Of1 &1 Tex Pac Land Trust 13's Thatcher (1) 5% The Fair 213 Thermoid Co 2 Third Avenue__.... 13% Thompson Prod __. 1% Thompson Starrett._ 7% Tide-Wat Asso Oil _ 84 Tide-Wat A O pf(6) 26% Tide Wat Oil(a1.15) 4% Timken-Detroit ___ 28% Timken R B (12) ___ T4% Trans & Westn Afr_ 47 Transamerica (30c) 51x Transue& Willlam 17 Tri-Cont] Corp ... 3% Truax-Tra Coal 31s Truscon Steel 13 20th Century Fox _ 24% 20th Century Fox pf 2% TwinCity RT ___ 18 TwinCity RTpf.. 1'% Ulen & Co i 53% Und-Ell-Fish (2%) 29 Union Baz& Pap (2) 44 UnCarb & Co (2) 14% Unilon O1l of Cal (1) 82! Union Pacific (6)._. 20% Un Tank Car (1.20). 9% United Afrcraft ___ 415 United Air Line vtc 7 United Am Bosch__. 20% United Bise (1.60) .. 111 United Bisc pf (7). 46 United Carbon 2.40. 11 United Corp ___ 20% United Corp pf ( 8% United Drug . __ 415 United Dyewood. 3% United Elec Coal. 6013 United Fruit (3) 9% United Gas Imp (1). 871, United Gas I pf (5)_ 2% United Paperb'd (d) U S Distributing pt 2 US & For'n Secur. 11 U S Freight (11) 40'; U S Gypsum (11 U S Gypsum pf (7). 5 US Hoffman 3 ' 8 [nd Alcohol (2) <US Leather vte 712 US Leather (A)vie 53 U S Leath pr pf vtc. 14% U S Pipe & F (50¢c) .. 19'¢ U S P&F 1st pf 1.20. 3 US Realty & Imp_ 914 U S Rubber _ '3 U S Rubber 1st pi U S Sm & Ref (a8)_ 6273 U S Sm&R pf (3%)- 272 U S Steel ____ 73% U S Steel pf (2)_. 3'3 United Stores (A) 51 Univ Leaf Tob (12). 29 UnivPicistpf___ 7% Univ Pipe&Rad (d). 9% Univ P&R pf (d)_ 1% Util Pwr & Lt (A) '2 Vadsco Sales Corp. 11% Vanadium Corp __. 11% Van Raalte (a50c) 34 Vick Chem (+2) _ 2'3 Va-Car Chemical .. 17%5 Va-Car Chem 6% of 72' Va E1 & Pwr pf (6). 1 Wabash (&) 1% Wabash pf (A)(d) 4% Waldorf Sys (50c).. 26% Walgreen (21.30) ... 1% Walworth Co (d) . 5 Ward Baking (A)__. 11 Ward Baking (B) __. 28'; Ward Baking pf (2) 2Y% Warner Bros Pie_.. % Warner-Quin (d)._. 2'2 Warren Bros 20% Warren Fdry&P 27% Waukesha M(160c. 4 Webster Eisenlohr_ 3012 Wesson O&S(150c).. 36 West Pa Elec pf(6). 39% West Pa Elec pf(7). 95 West Pa Pwr pf(6)._ 104'; West Pa Pwr pf(7). 5'2 Western Maryland. T's Western Md 2d pf. 1'% Western Pacific . 2% Western Pacific pf.. 20% Western Union _ 18 West'gh'se A B 50c.. 32% Westingh'se El(al) 10 Weston Elec Ins___. 29 Weston Elec (2) A_ 16% Westvaco Chl (40¢c) 14% Wheeling Steel 46'% Wheeling Stl pf$2 67 White Motor 12% White Rk M S(1. 40) 1% White Sewing Mch. 6 White Sew Mch pf_. 1 Wilcox Oil & Gas.__. 3% Wilson & Co (50¢) .. 58 Wilson & Co pf (6)- 51 Woolworth (2.40) 11% Worthington Pump 25% Worth Pump pf(A) 351 Wright Aero 73% Wrigley W ir (13)_ 17% Yale & Towne,(60¢) 2% Yellow Truck 18 YoungSp& W (13) x 13 Youngzstown S&T 38% Ygstn Sh&T pf1%- 1% Zenith Radio ... 2% Zonite Products.... Rights Expire. % Auburn wi Dec. 24 % Budd MfR. Apr.16 Dividend rates as given in the above table payments based-on the latest quarterly or half-yearly declarations. s Unit of trading ess .han 100 shares 8 Paid this year d Companies reported in receivership or being reorzanized x Ex-dividend. uun-lhua dividends Bales— Add o0. High. u' 41 23‘. 2% =% 10s 14 -1 o o > wobaBeR N na it Rewe @ & o o 3 0 3 a o ® £ ORI B E W H e 310D 53 000N s TSRO T et 7 B NI IR DN - s - o B O e e 100% - 13% - 6% - 13% 6l S W 2929-2\&2‘—6 Approximate Sales of Stocks on the N. Y. Stock Exchange. 630,000 950,000 clnuchn 33% — W 28% - % 1% - % 141 ++ +1 EF FEFIEEP Py E¥ * the annual cash tAnnus! rate pius b Paid last STOCKS IRREGULAR LATE IN- SESSION Moderate Buying Is Offset by Further Heaviness of Mining Issues. Stock Averages 30 15 15 60 Tndus. Ratls. Uti). Stks. Net change Une. +.1 —.1 Unc ‘Today, noon 71.5 29.0 42.5 53.7 Prev. day 715 289 426 53.7 Month ago 755 27.2 435 554 Year ago... 529 264 26.1 396 1935 high... 76.3 31.2 446 56.1 1935 low.... 49.5 185 21.6 348 614 430 406 514 453 228 242 349 175 8.7 239 169 1929 high...146.9 153.9 184.3 157.7 1927 low.... 51.6 953 618 613 (Compiled by the Assoclated Press. 1932 low... BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, December 16.—The stock market displayed no definite |trend today and trading was the dullest in some weeks. There was a moderate buying de- 'mand here and there, but further heaviness of mining issues tended to “ | depress bullish forces. Shares off fractions to 2 or more points included United States Smelt- mng. Cerro De Pasco, International Nickel, Anaconda, American Smelt- |ing, Howe Sound. American Tele- phone, United States Steel, Sears Roebuck and American Can. At the same time improvement was % shown by Evans Products, Case, % | Chrysler, Du Pont, Douglas Aircraft, ’;- Montgomery Ward. Public Service of “| New Jersey, Great Northern, Union Pacific, Standard Oil of New Jersey 1 | and Texas Corp. % The late tone was irregular. Transe l’l“rs approximated 1,500,000 shares. " b iy New York Cotton | By the Associated Press. NEW YORK. December 16 —Cotton | was lower today under foreign liquida- tion and scattered selling. Prices made new low ground for the movement with much selling off to 11.06 and with the midafternoon market showing net declines of 16 to 19 points. | Liverpool Quotations. | LIVERPOOL. December 18 (P —C “ | no receipts. Sp | prices 1 closed _quiet .16: March October. 3 CRUDE OIL PRICES. TULSA. Okla. D:cemt M scale to 1.0% Texas. eravity erade Bennsylvania 3 grade in 02 same 7 Tade Corning. 3,35 RUBBER FUTURES. NEW YORK. December 16 (#.—Crude rubber futures opened quiet. 1-29 lower, De:ember 2.85b; March, 13.39; May, | b—Bid Massachusetts Investors Trust Prospectus on Request Wllllamw Mackall. Jr. men: Securittes 218 \\ocdv\nrd | Blds District uax Real Estate Loans In the District of Celumbia and Nearby Maryland snd Virginia. EAVER BR REALTORS Loan Correspondent Metropolitan Life Insurance Company Washington DI 9186 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. NW. NA. 9300. First Mortgage Money CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia, Nearby Maryland and Virginia 5Y2% nmry. higher Eges. 11.073; irregular. special packs or selections from fresh re- ceipts, 31a33%:; standards and eunnur:hl l"!llllfl-l:dl "uln :20 53545 Zons 22 4 Bl Live poultr: special packs. 23a 224 o rgta. 3R Mixed colors, ens, 1 21; 71 brotlers unquoted: fowl, roosters, 15; 27 all sections. 19a20. turkeys, 19a Nearly 10,000 head of Bechuanaland cattle are to be bought for the Italian Army in South Africa. 16a ducks, Prompt Action B. F. SAUL CO. 925 15th Street Natl. 2100