Evening Star Newspaper, July 1, 1936, Page 20

A—20 xx¥ FINANCIAL. HALL NOVINATED TOHEAD 1.B.A. THE EVENING STAR, WASHINGTON, FINANCIAL. STOCKS IRREGULAR AT END OF SESSION D. C., WEDNESDAY, JULY 1, 1936. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE| v. 1036 Stock ana flllh Tow. Dividend Ral Add 00. 77% 67% Cont! Baking pf (4) 5 87% 673 Contl Can (3) __ 24% 17! Cont’l Diam Fib(2)_ 351 Cont) Insur (11.20). 2t Contl Motors __ 281 Contl O11 of Del(1) By Private Wire Direet to The 8tar. Prev. 1036 Stock ana Sales— net High. Low Dividend Rate. _ Add 00. High. Low. Close.Chge. 118 111'; Abr & Straus pf(7). 30s 112 112 112 74% 59 Acme Steel (13) 60t 60 13% Adams Exp (a2 1% 11% » Adams Millis(a75c) 20 20 « Address graph 60¢ Prev. 1936 Stock ana Sales— Net Adu 00. . High. Low. Dividend Rate. Add 00. m:h Low. Close.Chge. 2 3 7% Schulte R Strs pf_ . 1 9 n 5314 Scott Paper (1.80).. 90s cnr 6015 + 2% Second Natl Invest_ 1 3 3% 7 Seaboard Air L (d). 1 30% Seab’d Oil(Del) (1). 32 59% Sears Roebuck (2)_ T4 Sales— Net Hllh Low. Close.Chge. 5 +1 Prev. 1934 Stock ana BIlh Low. Dividend Rate. 40% Loose-Whies (2) . 2 ”G‘v 21% Lortllard (P)(1.20) 31 La Oll Ref pf (4)__ 2708 Louisv GEEDIA 1% 4 Louls & Nash (a2)_ 6 Ludlum Steel (1) -2 Chicago Financier Named by Board of Investment Bankers’ Association. BY EDWARD C. Edward B. Hall, president of Harris, Hall & Co., Chicago, hus been nomi- | nated by the board of governors of the | Investment Bankers' Association toc be president for the year beginning| next December, | it was learned in| the financial dis- | trict here today Nomination means his clec- | . tion, as selections i by the governors have always been accepted in the past by the con- vention Mr. Hall has been in the in- vestmert busi- ness in Chicago &ince 1909, when he entered the bond | department of the Harris Trust & | Savings Bank. He became a vice president of the bank in 1929. His continuous association with that or- ganization for 26 years, except for a period of service in the Navy during the war, was terminated in Novem- | ber. 1935, upon formation of his | Present or: a Hairis, Hall & Cl was formed for | the purpose of continuing the corpo- | rate bond b s conducted by t'e| Harris Trust & Savings Bank prior | to the enactment of the banking act | of 1933, which excluded commercial | banks from that field. He is a Yale| graduate and at one time was in the newspaper business. Mr. Hall has been active in associa- | tion aff: TVIiNG on several important committees, both of its Central States group and of 11:0‘ national organization. He was cha man of the Committee on State Le| islation for two years and is at pres chairman of the Finance Com | tee. He became a member of the | board of governors upon his election | r of the association in 1934 has since been continued on the rd of governors. Alden H. Little was nominated ex tive vice president to ude W. Wi Baltimore, S three-years Edward B. Hall. terms on Provident Appoints Krafft. Harold D. Krafft, well-known Wash- ington life insurance man, I appointed manage lumbia and par Insurance Franklin Morss, manager of agercies. an- nounces. The ap- pointment is ef- fective today. Mr. Kraff en- tered the life in- surance business in 1923 and has had much exper- fence in home of- fice work, as a personal producer and as a super- visor and gener graduate of We. Harold D. Krafft. 1 agent. He is a eyan University, Mid- iletown. Conn., and saw service in the World War in France as a member of the 88th Division. In addition to Dbei life underwriter, Mr a member of the facul versity of Pittsburgh 'D\l',u(‘*l\w“ Uni- versity and George Washington Uni- . and at the present time is an | artered ern University, in th 111% 107 Heard in Financial Robert V. Fleming. president of the | Riggs National Bank and the Ameri- | can Bankers' Association. began his thirtieth yvear of service with Rigas | today. He entered the employ of the bank on July 1, 1907, as a messenger. Charles R. Grant. vice president and treasurer of the Washington Loan & Trust Co., completes 29 years' service with that institution today. He re- ceived many congratulations on start- | ing his thirtieth year. tco. | Irving Zirpel., one of the officials of the Union Trust Co.. is taking his annual vacation, part of which he will pass in Southern Maryland i The Real Estate Title Insurance Co. of Washington paid the regular 3 per cent semi-annual dividend yesterday. It was the 107th regular disburse- | ment. The chairmen of the standing com- | mittees of the District Bankers' As- sociation will hold a special meeting with President Karl W. Corby to-| morrow noon. | Charles W. Schafer. treasurer of the | Oriental Building Association, re- | ported today that assets have passed | the $6.000,000 mark, the highest figure in the history of the company. Exchange to Close Saturdays. The Board of Governors of the ‘Washington Stock Exchange voted to- day to clese the e: e on days during July and August. Next| Saturday, the exchange would have | been closed anyway, for the proper | observance of July 4. After yesterday's business was very light on the ex-| change today. It was confined to a single sale in Potomac Electric Power | 6 per cent preferred, which moved at 110%g, against 110% yesterday. Mergenthaler Linotype, which last sold at 47, closed today with 47': bid and 48 asked. Capital Transit, which made a new high yesterday and closed at 16, closed today with 161, bid, 17 asked and no sales. Potomac Electric Power Consolidated | 6s, which have been redeemed and are being paid off with funds from | the new $15,000,000 Potomac Electric Power bond issue, have been stricken from the exchange bond list. The Columbia Building Association has declared the regular semi-an- nual dividend as of July 1, accord- ign to Clarence E. Kefauver, secre- tary. Disbursement will be made July 6. Satur- | heavy trading, | RAIL SIGNALS ORDERED. NEW YORK, July 1 (#).—Orders for “railroad signaling equipment are | running in better volume, according | to manufacturing quarters. Replace- ment and maintenance bookings of General Railway Signal Co. are cur- rently reported about the best since before the depression. CANADIAN MARTS CLOSED. NEW YORK, July 1 (#).—All Cana- dian financial and commodity ex- changes will be closed today in ob- servance of the Dominion day holiday. # lOS“x 102 614 101 Air Reduction (11). Alr Way Elec Appl. 4 Alaska Jun (160c) _. Alleg Corp (d) .. 12% Alleg of w§30w(d).. Alleg pr of (d)_ Alleg Steel (1) Allted Chem 16) 5 Allied Mills (b25e)- Allled Stores Allled Stores pf(5) Allis-Chalmers (1). Alpha Port Cmt(1). Amal Leather___ Amerada Corp (2)_. Am Ag Chm Del(3) ke Sh(1.60) ke Sh pf 53 Am Car (t4) 214 Am Can pf (T) Am Car & Foundry_ Am Car & Fdry pf_ Am Chatn = Am Chicle (4) Am Comel Alcohol.. Am Crystal Sugar Am Crys S 1st pf(6) 2 Am Encaus Tiling - G', Am & Foreign Pwr._ 25 Am & For Pw $6 pf. %, Am & For Pw $7 pt_ Am & For Pw 2d pf. 13 Am Hawatlan (1) _ 5% Am Hide & Leather. 37 Am Home Pr (2.40). 9% Am International 3's Am Locomotive 66 Am Locomotive pf_. 21 Am Mch & F (80c) 10 Am Mch & Met a25¢. 27 Am Meal Am Power & Light « Am P&Lt £ pf P&L $6 nf (3 13% Am Ztadiator Am Radiator pf (7) M(1.20) Am Qu"lr o (T) '~ Am Sumatra Tob t1. : Am Tel & Teleg (9). Am Tobaceco (5) . ... Am Tobacco B (5)_. Am Type Foundry. 9'x Am Water Works _. 921 Am Wat W 1st (6)_. « Am Woolen 51% Am Woolen pt (32)_ 4' Am Writ Pap pf (d) s Am Zinc & Lead Anaconda Cop(a Anaconda W (a i': Anchor Cap (60¢) _ Anchor Cap pf 6% . <A P W Paper Archer-Dan-Mid 11_ ~ Armour (1llinots) ._ €6'¢ Arm'r(111)pr pfi6)_ 47'¢ Armstrong C 41’4)4 7’2 Arnold Constab 5 « Artloom Cerp s Asso Dry Goods Asso DG 1st pf(26) Ateh To & (a2) 0% Atch To&S Fe pti5) ~ Atlantie Coast Line Atl Gult & W Ind tl Gulf&W Ind pt Ret (1) ic Ref pf (4) 112 Atlas Powder of (6) 14 Atlas Tack (a30c) - 26% Auburn Auto 291 Austin Nich pf A 4% Avjation Corp(Del) Baldwin Loco (a) : Baldwin Loco pf(d) » Baltimore & Ohlo _ 21 Baltimore & Oh of . 417« Bang & Aroos(2%). 13'¢ Barker Brothers 14'. Barnsdall Oil (80c)_ 16% Bayuk Cigar (T5¢) . 18 Beatrice Cream (1). Beatrice Cr pf (1) 33 Beech Creek RR(2) 85 Beech-Nut P (13)__ 3's Belding-Hem (1) . Z1% Bendix Aviation(1) 20 Beneflctal Lo(t114) 45% Bethlehem Steel __ 16'x Beth Steel 6% (1) . 110 Beth Steel 7% pf(7) 23 Bigelow-San (as0c) -Knox (40c¢) _. 1112, £ . Ron Ami A (4) « Borden Co (1.60) 64 Borg-Warner (3)_.. 6 Boston & Maine ___ 2i: Bridgep't Brass 40c 3's Bricgs Mfg (12) __ 48 Briggs & Strat (3)_. 41 Bristol-Myers (12)_ 40% Bklyn-Man Tr (3)__ 97% Bklyr-Man T pf(6). 4'; BKlyn & Queens.__. 44': Bklvn Un Gas (3)_— 81« Brunswick-Balke 87 Bucyrus-Erie 13!y Bueyrus- ecv nf. 100 Bucyrus-E pf $3 414 Buda (K G) Mfg 2's Budd Mf 1pd.July16 Rudd Wheel « Bullard Co (a25¢) . 11; Bulova Watch 25 Burr Ad Mch160¢) 2': Bush Terminal (d) 14'. Bush Term B pf cod 27 Butte Copper&Zine 16's Byers (A M) _____. % Callahan Zinc . _. 6 Calumet&Hec a250. 30 Campbell Wy (t1)_. 10« Canada Dry G A 54 Canada Southn (3)_ 10 Canadian Pacific 37 Cannon Mills (2)__. 12% Capital Admin {A)_ 6% Carriers & Gen 20c_ 9215 Case (J 1) Co 54% Caterpillar Trac(2) 21% Celanese Corp a50c. 19 Celotex Corp 25% Cent Aguire (i13). 35 Central RROfNJ_ 612 Century Rib Mills __ 47% Cerro de Pasco (4) 814 Certain teed brod 801, Certain-teed pf (7) ' Champ Pap & F (1) Chesapeake Corp(3) Ches & Oho (2 80)_ 1% Ch Grt West (4) . 4 Ch1Grt W pt () 5% Chi Mail Order 113%. "4 Ch1 M StP&P pf (d) Chi&NW(a) __. 6% Ch1 & N W pf (d)__. 125 Chi Pneumatic Tos 40% Chi Pneu Tool pf_ 12 Chi R | & Pac (d)._ 31 Chi R 1&P 6% pf(d). 19% Chi Yellow Cab (2). 20 Chickasha CO 12)_. 7 Childs Co 8514 Chrysler Corp (6). 15% City Ice & Fuel (2)_ 4%, City Stores 23% Clark Equip (80¢) 33% Clev Graph Br (11). 84 Coca-Cola (2) 13 Colgate-P-P (50c).. 2102% Celzate P-P of (6)_ 39% Collins & Afk (2)__. 844 Colonial Beacon _ 3% Colo Fuel & It (4) 24 ColoF&I1pt(d). 2114 Colo & South . 14 Columb G&E(a20c). 90'3 ColG& Epf A (6).. 31 Colum Pict vte(t1). 4215 Columb Plc pf(2%). 94 Colum Carb vici14) 44 Comcl Credit (3)__. 110 Comcl Cred of (6%) 55 Comel Inv Tr 13.60. 116’2 110% Comcl 1 T cv pt (6). 97 Comcl InT pf(4%) 14% Comecl Solv (60¢c) .. 2!4 Comw & Southern 59% Comw & Sou pf (3). 32% Congoleum-N 1.60 _. 10 ComnR& L 19 Conn R &L pf 8 Consol Clgar 65% Consol Cigar nf ). 27! Consol Edis N (1) Consol Ed NY pf(5) 4% Conso! Fiim 15% Consol Film pf (31" 37 Consol Laundries. 11%2 Consol Oil (60c) Consol Oil pf (5) 674 C “ Consol Textile (d) .. 15% Container Corp (1)- 10% Conti Baking (A) 1% Contl Baking (B)--. 2 30s 131% 11 220s 99% 1 3% 25 12 32% 39 37, 1008 10015 Feniau 1107 1 387, 941 144 26! 21% 5074 13t L 112 1005 M 5 T L L R T CF PN OP SO 146 24 124 2w 208 6 1 28 ® 16 17 100s 42 2 1 1 3 8 100s 33 13% 1104 11 45% 55908 26 3 5 110s 27% 30s 30 108 20 3 104% 9 35% 1 46 1 1231% 41 645 11 117 9 T5% 1 116% 3113 4 15 34 13 108 2 10s 91 Y2 3 107% 5 bW 3 17w 1301, 164% lm' 24 69 m 46 1074 ll" . 387y 94 1414 7' 172% 76% 234 23 29% 36 74 524 172% 6% 23% 26% 20 8 8 111% 11214~ 17% 174 — 6 6l 29% 30% + 33% 334% — % 99 100 +1'3 13 13 104 104 + % 44% 45 2;'/1 25% +2% 21 27!6 30 30 19 19% + 1031 104Y% + 34% 35% + 46 46 12315 1231% + sy FEEFE FFL 116% 1161 + 112% 118 147% 3% 70 334% 12 21 8 69 35% 107 5 167 5 17% + % 5% + 4 12% — % 106 — 3 Bb4d4 445 29 Contl Steel Corp(2) 55% Corn Bx BK&TT (3) 683 Corn Prod Ref (3)_. 4% Coty Ine 35 Cream of Wh (2)_ 15% Crosley Rad(a50c) 43% Crown C & 8 (1) 45% Crown C&S pf(2.70) 7% Crown Zelleb’k vtc. 28 Crucible Stee) 95‘; Crucible St1 Df (12). 6'x Cuban-Am Sugar. fil' Cuban Am Sug pf » Curtis Publishing 95‘: Curtis Pub pt (7)., 4 Curtiss Wright ___ 10 Curtiss Wright A s Curts-W rts. July 8 36'x Cushman Sons pf__ 431 Cutler-Ham (11)__ 52 Deers & Co 27 Deere & Co pf $1.40_ 36% Delaware & Hudson 14% Del Lack & West 42 Devoe&Rey(A) (2). 337 Dlamond Mteh 113 38 Dia Match pf(11%) 18% Dist Corp Seag Ltd. 41': Dome Mires (12)._. 50% Douglass Afr __ 187 13 Dresser Mfg B 11'!, 114 Duplan Silk pf (8)_ Dupont de N t3.60_ Du Pont deb (6) | 115"- 111% Duquesne Lt 1st(5) ern Roll Mills_. stman Kod (15).. aton Mfg (2) __ e Auto L (120) c Auto L of (7)_ Eiectric Boat lec& Mus In(b24c) 6L Elec Pw & Lt 291, Elec Pw & L.t $6 pf_ Elec Pw & Lt $7 pf_ Elec Stor Bat (12) : Flk Horn C of (d) _ zineers Pub Sve & Pub Sve $5 ot = P'S $550 of ww Eng Pub Sve 36 nf uit Office Ballc.. 'nv 11% Erife R R 24 pf 12 Eureka Vac Cl!Oc)A 274 Evans Products (1) 4'. Exchange Buffet 2° Fairbanks Co __ 813 Falrbanks Copf __ “airbanks-Morse _ rdo Sugar ( '« Federa) Lt & Tra Fed Lt & Tr pf (8) 21; Fed Water Sve (A). 2013 Fed'd Dept Strs(1) . 38 Fid Phoe F 1(t1.20) 20'¢ Filene's Sons(1.20) . 247 Firestone T&R 1.20 514 100'; Firestone nf A (6) 40 First Nat Strs(213) 241, Foster-\Vheeler 98 Foster-Wheeler pf 30's Fourth N1 ww a75¢ 26'« Freeport-Texas (1) 118'; Freeport-Tex pf(6) 4.‘- Fuller Co pr pf 'a Fuller Co 2d pf __ GamewellCo _____. 4+ Gen Am Investors 4':‘. Gen Am Trans(1%) 22 Gen Asphalt(b25e)_ 10% Gen Baking (60c).. 7% Gen Bronze 5% Gen Cable 17 Gen Cable (A)‘---- 70': Gen Cable pt _. Gen Cigar (14) __. 3 Gen Blectrie (1) 33% Gen Foods (180)_. Gen Gas & El (A)_ 59% Gen Mills (3) = 117'; Gen Mills pf (6) 537x Gen Motors (12) Gen Motors pf (5) % Gen Outdoor Adv _. 18% Gen Outdoor Adv A 38 GenPrint Ink (12). Gen Realty & Util Gen Refrac (1) (‘en Sti Castine pf Gen Theatre Equip 13% Glllette Saf Raz(1) 74 Glllette S R of (5) 6% Gimbel Bros 39% Glidden Co (2 Gobel (Adolf) . 67\ Goehel Brw C(+20e) 0ld Dust vtc (60c) ~ Goodrich (B F) 78 Goodrich (BF) pf_. 21% Goodvear T&R 87 Goodyear $7 pf (4)_ 8'; Gotham Silk Hose . 2 Graham-Paire 12 Granby C (24 stpd) “w, Grant (W T) (1.40) 321 Grt Northernpf . 16 Grt North'n Ore(1). 31 Grt West Sug (2 40) 22 Green(HL)Co (+1) 3 48% Greyhound C'p3.20 18 30 Hackensack W(133) 1 33 Hack WpfA(1%) 108 & Hall W F Printing 109 Hamijt'n W pf 381, 105'; 100 Hanna (M A)pf(5) 41% 204 Harbison Walk(t1) 16% 12 Het Corpof Am(A) 115 104'< Hat Cpf ww (6%) . 9 4% Haves Rody = 35% 251, Herenles Motor (1). 108 84 Hercules Pow (3) _. 80 715 Hershey Choe (3) .. 447¢ 20'sx Helland Furnace 1124 108 Holland Furn pf (5) 14%» 9 Holland & Son (50c) 87 19% Holly Sugar (2) 112 108 11' Holly Sugar pf (1) Homestake (112) . 397 Houd-Hersh A(2%) 22'; Houd-Hers (B)13% 54% House Fin (A) (13) 6% Houston Ot vtc 48% Howe Sound (13) 3's Hudson & Manhat._. 1313 Hudson Motor Ca: 1 Hupp Motors _____ 18% Illinots Central __ 30 Illinofs Cent pf (A). 58 111 Cent Ise lines(4) 4'¢ Indlan Refining 25% Indus Rayon (1.68). 106 Ingersoll-Rand(+2) 90 Iniand Steel (3) 6'x Inspiration Copper_ 5'a Insur Sh Md ct 18c. 11'; Interboroa R T (d) .. 9% Interlake lron 15 5% 160 494, 90 5% 8 54% % 4410 33 561 57 Int Bus Mach (16).. 15 Int Cement (1%)__. 56% Int Harvester 1.20_. 2% Int Hydro Elec (A). 4'5 Int Merch Marine _ 43% Int Nickel(Can)1.20 3% Int Paper & Pw(A). 24 Int Paper & Pw(B). 1% Int Paper & Pw(C). 20% Int Paper & Pw pf_. 107 Int Print [nk pf(6) _ 5 Int Ry Cent Am vtc. 19% Int Ry C A pt Int Silver. Int Stlver p! 12'% Int Tel & Tel 4 10% Interstate llept Str. 18 113 1Island Creek f (6). 30s 88 Johns-Manville(2 3 75'% Jones&Laugh7%p! 400s 13 Kans City Southerr. 3 17 Kaufman Dep S (1) 27 Kayser(J)& Coa756 {eith-A-O pf (1‘1)~ -Hayes (A) .. 18 Kelsey-Hayes (B) 14% Kelvinator (t60c) ._ 281, Kennecott C (1.20).. 17% Keystone St1& W. 255 20% Kresge (SS) (1) _ 110% 1025 Kresge (S S) pf(7). 77% 66 Kress (SH) Co (12). 19% Kroger G&B (1.60 19% LambertCo (2) ___ 124 Lee Rub&Tire (50¢) 15% Leh Por Cmt(a25c) 2% Lehigh Valley Coal. 9% Lehigh Val Coal pf. 8l Lehigh Valley R R_ 89 ILehman Corp (13)_. 12 I-ehn & Fink (1%) 87% Lerner Stores (2) - 47% Libbey-Owens G(2) 7 Libby McNeill & L. 97 Ligg & Myers (14)_. 97% Ligg&Myers B(14) 19 Lily Tulip Cup(1%) 25% Lima Locomot! 36% Link Belt (11.20) 325 Liquid Carb ¢ ). 43 Loew's Ine (12).... 2 Loftine.. . meeeeee 3% Long Bell Lum (A). 4 314 36% 111 6% l‘/a 10s 408 —— 0a - 2 408 36 15% 119 105 T9% 22 [ t - ISPRHSERTL PP NSoTes. 19 > 104 1185 10313 8% 22 27% 107'% 195 29% 37% 35 48% 2% 5 104 L T T T 2 S I o T A A © L4 Lttt (= + 1 ! o ¥ ¥ McCall Corp (2) Porcu(2). sp't T P (14) McKesson & Rob __ McKesson&R pf(3). McLellan Store: Mack Truck (1) y (R H) Co (2)_ Magma Copper (2)_ Man EI md gtd (d) - fan Elev gtd (d) _. Manhat Shirt (60c) 4 Marine M1did (40c) Market St Ry ..___ Market St Ry pr pf_ Marshall Field & Co 2 Mathieson Alk 1% _ May Dept Strs (2) Maytag Co xw pt 3_ Melville Shoe (4) ___ Mengel Co S Mengel Co pt Mesta Machine (3). Miam1 Copper Mid-Cont Pete a4 M1dl'd Stl Prod (1: M1d St1 1st pf (8)__ 2 Minn Moline Pwr. Minn & St L (4) '« Mission Corp Mo Kans & Tex Mo Kans & Tex pf__ Mo Pacific pf(d) . Mohawk Carp (1)__. Monsanto Chem (11) Montg'y Ward(80c) 4 Morris& lissex (3%) fotor Products (2) Motor Wheel (1)___ Mullins Mfg (R) Mullins Mfg Mun Murphy (GC) 1 Murray Corp Nash Motors (1) Nashv Chat&St L Nat Acme Co Nat Aviation _ Nat Distill rad (5 r&Lt (h0c)_ Ste 3 Nat Supply Co Nat Supply Co pf. I\ewnon industries N Y Alrbrake ___ N Y Central R R N ¥ Chicago & St L. YChi& St Lot ¥ Dock __ Y Dockpf. .. _ N Y Investors (d) .. YNH&H (d) Y NH & Hpf (4)_. Y Rys pf «d) “ N Y Shipbutlding. N Y Steam pt (6) ... N Y Steam 1st (7) . North Am Aviation North Am Co (1) North Am Ed pf(6) Northern Pacific __ Northwaest Tel (3)_. Ohio O1i (30e) .__ Oliver Farm Equip- Omnibus Corp vte - Oppenteim Collins_ Otis Elevator (60c) Otis Steel Otis Steel pr pf Owens-111 Gla >& Owene 111 G.July 2 31 Pacific Coast « Pacific Coast 2d PacificG& E (1%). Pacific Ltg (2.40) PacificMills .. ___ Pacific Tel&Tel(6) Packard Mot (aZic) Panhandle Pro & R Paraffine Co (2) _ Pzramount Pictures Paramount 1st pf._ Paramount 2d pf Parker Rust P(13) ParkUtan. - - Parmelee Transp't.. Pathe Film Corp.. Patino Mines _ 2 Penick & Ford (3).. Penney (J C) (13) . Penn Coal & Coke Penn Dixie Cement. N N N N N N Pere Marquette PetCpof Ama Pfeiffer Srew(1 Phelps Dodge a50c_ Phila Co 6% pt (3) Phila Rap Tr pf(d). Phila & Read C&1 . Philllp Morris (1) _ Phillips Petrol(11). 3 Plerce Petroleum . Pilsbury Fl (1.60).. Pitts Screw & Bolt.. Pitts Steel pf____ Pitts United Corp__ Pitts United pf Plymouth Oil(a25c) Porto R Am Tob(A) Porto R Am Tob(B) Postal Tel&C pf(d). Pressed St Car (d) Pressed St1 C pf(d) Proctor&Gam(13%) Proc & Gam pf (5) Pub Sve N J (2.40) : Pub Sve N J pf (5)_ Pub Sve N J pf (6)_ Pullman Inc (1%).. Pure Ot Pure Oil pf (6)._ Pure Ofl pf (8) ___ Purity Bakeries 40c Radlo Corp Radio cu 1at pf 33 Radlo-Keith-Or(d)_ Real Silk Hostery Remington-R (60c). Rem-Rnd 6% pf 13. Rem-Rand pt (6)._... Reo Motor Car Republic Steel _. Revere C & B pf. Reynolds Met (1) Reynolds M pf(5%) Reynolds Tob B (3) Safeway Stores (2). * St Joseph Led(80c). 1'3 St L-San Fran (d) .. 2% St L-San Fr pf (d)_. 7% St L Southw'n (d) 11 Savage Arms 38% Schenley Dista7s 1% Schulte Retall Strs. ) 0 S WR = F ormar P ° 4% 9 4% Sharp & 4z 123 Socony- 110 4 SoAmC 2 Southe! 5% Sparks- 63 14% Stand B 9'; Stand G ’Sh Stand G Stand O Stone & Studeba Sun O1) wift & Thermo! 3% Third A’ 24% 47 14% 1008 Timken 24% Stand G&E $6 pf(d) Stand Inv Corp Stand Oil of Ind(f1) tand Oil of Kan and Oil of N'J t1_ Sterling Secur pf Stewart Warn(50c) 15% Servel Inc (60¢c) ___. 20% Sharon Steel Hoop Sharon Steel pf (5). Lonme __ 11% Shattuck F G (50¢). 30% Sheaffer Pen (2)___ 14% Shell Unton O 1105 Shell Un O pf (5%)- 9'4 Stiver King (40c).. 193 Simmons Co.. Ull Smith (AO)___ v O1l (40¢). Solvay Am pf(55). P& T 26 So Porto R Sug (2). 5 SouthCal Ed (1%). n Pacific __ 12% Southern Rallway._. 19 Southern Ry pt Withington + Spear & Co « Spear & Co pf l 3% Spicer Mfg 44 Spicer Mfg pf 3) x 8(/5 Splegel-May-S (3) 1 rands(80c). 41 10 Stand Com Tobacco 9 5's Stand Gas & El (d) - &E $4 pf (d) 21 6 &E $7 pf(d) 132 ofCal (t1). 21 16 40 Webster ker Corp (11).. Superior Ol Superlor Steel . Suther!’ d Paper t1_. Co (1) Swift Intl Ltd (2)_. Symington A (d) Tennessee Corp Texas Cerp (1) Texas Gulf Sui (2) Texas & Pac R R 3 Tex Pac « Tex Pac Land Trust Thatcher (1). : C&Oalic 1d Co.. venue Thompson P a; Thompson Starrett. Tide Wat Asso 60c .. Tide Wat A O pf(6). 2's Timken-. Detroft____ RB(12) __ Transamerica a30c. Trans & Westn Air_ Transue & W1ll 60 Tri-Coatl Corp Truax-Tra Coal Truscon Steel 20th Cent Fox Film. 20th Cen Fox pf 114 Twin Ct tyRT Ulen & Co Un Cart &Carb 2. Unfon Ot of Cal (1) Union Pacific (6) Union Pacific pf (4 Un Tank Car (1.20) Uniteg Afrcraft United Air Lines vtc United Bisc (1.60) United Carbon 2.40. United Corp _ 4« United Corp p: United Drug United Dywood (al) United Fruit (3) ~ United Gas Imp (1) 2 U S Distributing U S Distributing pf USFreight (1) ... Ind SEFE Alcohol (1) PIDO&F (1%).- v.&}‘ fla‘) . Sm&R ptf (3%%) U S Steel __ : US Steel pf (2) Cnited Stores (A) Univ Leaf Tob (73) Univ Leat T pt (8) Untv Pic 1st pt El & Walker Ward B Warner Warren Warren Wesson 1 West'g’ 47 | cash “payments deciarations. not including extras. vear. bPaid last ve or_being reorzanized = Vulcan Detin (a4)_ Walgreen Co ((2)__ 5 Walgreen pt (6%)_ Walworth Ce. - Ward Baking (A).. Ward Baking (B) _ aking pf(3) Waukesha M(160¢) Webster Eisenlohr_ Total Sales for the day Dividend rates as given in ihe above table e the annu based on "or altveary s Unit of trading less than 100 shares Univ Pipe&Rad (d) 2 Univ P&R pt (d) Udl Pwr & Lt (A)_ Vadsco Sales Corp.. Vanadium Corp..__ Van Raalte (1) .. __. 160s 30s Pwr Dt (6) 108 (H)(2)——. 2 10 Bros Ple __ +010 Warner-Quin (d) Bros __ Fdry&P(1) 0&S(150¢) +H1+1 West Pa Eieo (7)A_ West Pa Elec pf(7) Western Maryland. 3 Western Pacific pf_ 3 West Union (a2) _ Westgh" Westingh'se El (1) _ 10s i 18 13 143 10s AB 1) @ Ist pL 3%y Wheeling Steel ___ a'x Wheeling Stl pf $2._. 18% White Motor_ 14'» White Rk M S(1 0) 2% Wilcox Oil & Gas__. 6% Wilson & Co (50¢) ... 443 Woolworth (2.40)__ 23's Worthington Pump. Worth Pump pf(B). 8% Yellow Truck.____. 83! Yellow Truck pf__. 42% Young Sp& W (3) 41% Youngstn Sheet & T 11'x Zenith Radio 10s 13215 13 13 44 46 210,000 70,000 510,000 2:00 P.M.___ 610,000 970.000 the latest Quarterly or half-yearly Annual rates— +Accumulated dividends. a Paid this d Companies reported in receivership xEx dividend. ar. NEW YORK COTTON By the Assoctated Press. NEW YORK, July 1.—Further liqui- dation accompanied by reports of rain in the Southwest was readily absorbed by trade buying in cotton today. Prices later firmed up on this de- mand and covering. October advanced from 11.51 to 11.64, with active months ruling about 6 to 13 points net higher in late trading. Futures closed very steady. B ery steady. l.ow" 17 to 2 July Cottonseed Oil. st 'B.Xfl!’lchl::'}fi cotlonsezd BDQ" "(!unéru c|usg‘fl .32 plember, 9.3 QOctober. 8.165; December, 9.0%. 68 contracts. Ty Eans New Orleans Prices. NEW ORLEANS. July 1 (.—Cotton futures staged small net advances at the opening today. gaining from = to 6 points in quiet dealings. fy gained 6 points at the first call to 19 30. “while October at 1.49. December 11.45 and January at 1148 were ' point of so hieher " o ionaced oll Tutures opened steady.” July. BRb: September. 8.84b; October. 8.71b: Decerber! 50b: Jaruary. 3600 b Bid. Liverpool Quotations, ERPOOL July ) UP—Gotion. £.000 E00d" business done m‘\c”‘a’mmu ) less done: prices poi lower; auotations In pence: " Amsriean sirici s ooJ L1V] baies. dmuhbrsl ml'?c 86 lnw y CHICAGO STOCK VOLUME FAR ABOVE YEAR AGO By the Associated Press. CHICAGO, July 1.—Volume of trading on the Chicago Stock Ex- change for the first half of 1936 totaled 9,797,000 shares, compared with 3,536,000 during the first six months of 1935, the exchange an- nounced today. June volume totaled 820,000 shares, compared with 738,000 last month and 585,000 in June, 1935. Tota¥ volume of trade in securities on the Chicago Board of Trade for the six months period was 206,835 shares, an increase of slightly more than 58 per cent over the correspond- ing period in 1935, s SALES OF BABY BONDS EXCEED $265,000,000 Fy tne Associated Press. Treasury sales of “baby bonds” in the past fiscal year brought in receipts in excess of $265,000,000. Distribution of the bonds to the public began in March, 1935, displacing postal savings bonds. ood ordinary. 6.36: good ordxn-r EOG gut‘uren closed quiet: Jul March, 6.12; lll! 6.11. 5 FARM MACHINERY OUTLOOK BRIGHT Early Forecasts of 35 Per Cent | Sales Gain in 1935 Being Verified So Far. By the Assoctatea Press. NEW YORK, July 1.—Early fore- casts of a 35 per cent gain in sales this year for manufacturers of agri- cultural machinery are apparently finding verification so far in 1936, according to a report on the agricul- tural machinery manufacturing in- dustry issued by Poor’s Publishing Co. ‘The demand for tractors which ac- counted for some 40 per cent of the industry's sales last year is showing marked expansion again in 1936, the report states. Gains are evident in foreign sales of farm machinery, according to the report. Exports were 44 per cent ahead of the corresponding period of a year ago for March alone, while for the first quarter the relative gain was just under 36 per cent, gy ‘The prospectus states that Institu- tional Securities, Ltd, has an ithorized capital stock of 50,000,000 shares. A 1| 1. red. garlicky, 1, | No. 1. mixed, 98! | smutty, % | mixed, 96! Specialties and Preferred Issues Climh, While Others Ease. Stock Averages 15 80 Uil Stks, +7 +3 488 639 48.1 636 469 614 329 443 508 6438 434 557 447 56.1 30 18 Indus. Rails. 2 +.1 859 353 857 352 823 €03 5 874 397 734 302 763 312 495 185 216 348 175 87 239 169 1929 146.9 1539 184.3157.7 1927 - 516 953 618 618 (Compiled by the Associated Press.) Net change. Today, close Prev. day.. Month ago Year ago- 1936 1936 1935 1935 1932 BY VICTOR EUBANK, ncial Writer. NEW YORK, July 1.—Specialty and nr!‘fr' ed stocks were given 2 boost of ctions to around 4 or more pe | in today's stock market. but the rest of the list generally shifted for itseif at lower levels. Westinghouse spurted 7 at its bes Most of the 1 the clouc C steels were still back- bor situation continued ler and the othr motors appear have halted for a breath spell. The close was ir- regular. Transfers were around 830 - 000 shares, Preference stocks of Standard G. eveloped strong tendencies as brigit earnings signs brought tion hopes nearer. Americs & Light, Electric Power & I American & Foreign Power preferrec were again in the popular class o expectations of dividend resumptio: or adjustment of accumulations. Westinghouse was up on rep | investment buying and short cov Others in the forward push in de Louisiana Refining preferred, Inter tional Paper & Power preferred sociated Drygoods common and } Coca-Cola. American Can, derwood-Ellintt-Fi Param Consolidated Edison, Loew's and Wa ner Bros. Colonial Beacon Oil had a spirited rise as Standard of Ne announced it planned to acquire more stock in this company. On the down-side as much as 2 or more were American Telephone, Pa- cific Telephone, Timken Roller Bear- Motor Products, Midland Sterl Products, Acme Steel, Sloss-Sheffieid Inland Steel Standerd Oil of New | Jersey, J. I. Case. Deere. Oliver Farm Harvester, McKeesport United States plate ar Steel and Bet Douglas Aircraft canceled an early cline, The rails were slightly better Bonds were mixed. Wheat was u 3 to 3'5 cents a bushel and corn wa 1% to advanced. Foreign ¢ rencies were uneven e = 37 the Associated Press CHICAGO. July 1.—Grain pri whirled skyward today. especially trading neared an end in a general stampede to buy art of Canada’'s wheat arca to dupli- drought that has largely wrecked domestic crops in States scuth of the international bo: der. At Minneapolis. wheat sky- rocketed 4% cent's a bushel, and in Chicago 'wheat quotations soarcd around 3'; cents, with corn and oats reaching new top price records for the season. Wheat in Chicago closed flurried, 3 cents to 3% cents above yesterday finish; July. 957,a7: September, 9675 . 17,227 advanced: Septem- ber, 67%a’<; oats, 1':al34 up, and provisions unchanged to a rise of 10 ce 13.00 (‘hnuxo Cash Market. Cash wheat, No. 1, red, 99a1.00; No. 98'2: No. 2, hard 1.00; 99; No. 2, 3 Corn. No. 3. muod 67'; No. 1, yellow, 69a70 1 No. 2, vellow. 6874269%4: No. 3, )ello\\ 734a684: No. 4, vellow, 66a67; No. 5, ¥ um\ 65a66'2: No. 2, white, 80a80';; white, sample grade, 52a64. white. 3334a3414; No. 3, e. 30',a32':; No. 4. white, 20',a | 30. Soy beans | ley feed, 35a50; malting, 55a94: both nominal. Timothy seed. 4.25a50 hun- dredweight. Clover seed, 10.50a17.00 | hundredweight. Liverpool Wheat Prices. LIVERPOOL. July 1 (P.—Wheat future, closed firm. P; High. Low. Close i Ridy DI RR74 Resy July rxmber z ber E:(hnnlr. 5.01 Baltimore Quotations. BALTIMORE. July 1 (#.—Wheat. No red Winter. sarlicky. spot domestic tno quoted); July, 883 |OLIVER PROFITS TOTAL | $401,989 IN QUARTER By the Assoctated Press. | CHICAGO, July 1.—Net profit of the Oliver Farm Equipment Co. for the first quarter was $401989, Cal Sivright, executive vice president, told stockholders at the adjourned annual meeting. The company has not earned a profit on an annual basis since 1929, First-quarter earnings would be equal to $1.47 a share on the common stock outstanding, compared with a | et loss of $272,209 the corresponding | period last year. | Net sales for the quarter were placed at $4,650,150, compared with $2.305,« 931 for the same period last year, Directors were re-elected. e DR BANK AGENCY OPENS. NEW YORK, July 1 (#).—The Bank of China opened today a New York agency in Wall Street. It is the first instance of a leading Chinese come mercial bank directly entering the American financial center, ]