Evening Star Newspaper, July 13, 1936, Page 14

A—14 wx» LOCAL SECURITIES NEAR 1936 PEAKS Enter Segond Half Year With Prices Higher Than at Opening. BY EDWARD C. STONE. Many issues listed on the Wash- ington Stock Exchange have entered the second half of 1936 at the year's highest prices, while other stocks and bonds are near top quotations. Anacostia & Potomac River R. R. guaranteed 5s. 1949, arc now selling at 109';, against 10834 six months ago. Georgetown Gas Light first 5s at 115 are near the year’s top. Wash- ington Gas Light 5s, 1958, are also just under their best price this year, while Washington Gas 5s, 1960, at 120 are at their peak for 1936. At 921, Capital Traction 5s are an eighth higher than they have sold at any other time in 1936, and have led all other bonds on the board in turn- over volume. Washington Railway & Electric 4s are off a point from the best price commanded this year. Capital Transit stock at 1612 stands at a new 1936 top. Washington Rail- way & Electric preferred has been selling at 111, ' a point under its best quotation. All the bank and trust companies stocks are higher than at the beginning of 1936, some of the gains being striking. Bank Stocks Advance. National Capital Bank stock fractionally higher. National Bank of Washington has moved from 108 to 121. Riggs National common at 265 is 5 points under the year’s high mark, with the preferred at the peak of 106's. American Security & Trust stock is not quite at the year's high- est mark, being quoted around 259. National Savings & Trust stock is now 123, against 100 &t the opening of the year. At the same time Wash- ington Loan & Trust Co. stock enters the sechad half year at 225 a share, after advancing from 2033;. While these bank stocks have been climbing in price, they have increased a Ict in activity. The miscellaneous list finds Lans- ton Monotype at a new high above 84. Merganthaler Linotype at 47 is off a point from the 1936 top. Peoples Drug preferred at 11415 registers the high for the year, the same being true of the common. Real Estate Mortgage & Guaranty preferred, and Terminal Refrigerating & Warehousing Corp., are in the same position on quotation tops. Wood- ward & Lothrop common is also in new high ground. All in all, these issues have made an excellent record, far better than a good many securi- ties on the New York Stock Exchange can show. Savings Bond Sales Rise. Daily average sales of United States savings bonds so far in the current lendar year show a substantial rise er the average for the last fiscal year, according to Wayne C. Taylor, Acting Secretary of the Treasury. Mr. Taylor reports that, through July 6, the savings bonds sales passed the half billion dollar mark. For the 10 months of 1935 from March to December, the purchases of these bonds totaled $259,000,000, or approxi- mately $1,000,000 for each business day. Purchases from January 1 to July 6 \ this year represent a maturity value | of $241,000,000 or an average daily | sale of approximately $1,535.000 for each business day, xeflecting a 50 per | cent increase in the average daily sales. Norris Assistant Manager. ‘Thomas J. Norris has been appointed assistant manager of the H street branch of the Bank of Commerce & Savings, Vice President Thomas J. Groom announced today. The ap- pointment was made known because of the growth of business at the branch office. He has been with the | bank for 10 years, starting as a runner and working up through various posi- tions. Assuming his new duties today he will assist Francis E. Robey, the manager of the branch which is lo- cated at H and North Capitol streets. The Export-Import Banks, organ- Jzed in 1934, have authorized Joans aggregating $101,430,556. Of these authorizations, $41,264,348 has lapsed or been canceled, $28,736,000 is await- ing acceptance by the borrowers, $30,- 842,067 has been disbursed and $13,- 050,159 repaid. Peoples Drug Stores, Inc., has made faother favorable report, June sales being up 9.1 per cent over June, 1935, end six months’ sales up 8.9 per cent in the first half year, compared with last year. Variety Store Sales Jump. Daily average sales of variety stores for June, 1936, were about 14 per cent ‘higher in dollar volume than for June, 1935, and also showed about the same percentage of increase from June, 1934, according to the Bureau of For- eign and Domestic Commerce, De- partment of Commerce. As compared with May of this year daily average sales for June showed en increase of about 1!, per cent, which is contrary to a usual decline of about 5 per cent at this season. The seasonally adjusted index, there- fore, rose to 103!, for June, on the basis of the average for 1929-1931 as 100, from 97 for May and 95 for April. The aggregate value of sales for the first six months of the year was about 5 per cent above that for the same period last year. Today's Trading on Exchange. ‘The week’s trading opened on the Washington Stock Exchange today with three $1,000 transfers in Cap- ftal Traction 5s at 92';. After call, the bonds moved up to close at 9215, Washington Gas Light 6s, series B, registered $1,000 sale and two $100 sales at 100%;. On the stock side two 10-share lots of Riggs National Bank preferred stock moved at 106. Capital Transit stock was strong with a 25-share sale at 1615, the high for the year. Washington Gas Light is now being quoted ex-dividend. Mergenthaler Linotype was quiet today, closing with 45% bid and 46 asked. For Lanston 832 was bid and 89 asked. The Riggs National Bank has pub- lished its quarterly pamphiet since the controller’s call dated June 30. The bank's total resources aow stand at $98,038,000. FOREIGN EXCHANGES. (Reported by W. B. Hibbs & - Nominal lold vlllle. London, pound. 665 Budapest, pengo__ Erague. crown (nom.) is | FINANCIAL, THE EVENING STAR, W'ASHI GTON, D C., MONDAY, JULY 13, 1936. ¥ AAANCIAM. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGEGMNSR[B{]R[][]] Prev. 1036 Stock and h. Low. Dividend Rate. 59 Acme Steel (13).__. 9% Adams Exp (a20e) . 17% Adams Mllnunsu) 58 Air Reduction (11). 2 Alr-Way Elec Appl. 13% Alaska Jun (160¢)... 214 Alleg Corp (d) .. 12% Alleg pt ws30w (8)_ 124 Alleg.pf wS40w(d).. 1216 Alleg pf xw (d).ooe 27 " Alleg prpf (d).oere 267 Alleg Steel (1) _—eee 157 Allted Chem 6) __. 2314 Allied Mills (a30e)_ 6% Allled Stores 69 Allted Stores pf(5). 35% Allis-Chalmers (1). 19% Alpha Port ¢'mt(1). 27y Amal Leather . 34 Amal Leath of (12). 75 Amerada Corp (2).. 50 Am Ag Chm Dei(3). 37 Am Bank Note (1) 72 65 Am Bnk Note nf(3) 50% 40 Am Brake Sh(1.60) 133'3124 Am Brake Shpf 6% mi'« 115% Am Car. (t4) 4 3% 58% 9515 501y 2812 5% 53 125 63% 551y 30 Am Car & Foundry. 57% Am Car & Fdry pf_. 31 Am Chain 87% Am Chicle (4 714 Am Colortype 20'; Am Come} Alcuhol 16% Am Crystal Sugar_. 3'2 Am Encaus Tiling.. 61 Am & Foreign Pwr._ 25 Am & For Pw $6 pf_ 29% Am & For Pw §7 pf_ 12 Am & For Pw 2d pt. 13 Am Hawattan (1) _ Am Hide & Leather Am Hide & L pf (3) Am Home Pr (2.40) x Am ice Am Ice pf (2)_ Am International_ Am Locomotive Am Locomotive pf_. Am Mch & F (80c)_. Am Metal _. _____, i Am Power & Light Am P&Lt $5 pf(2%) Am P&Lt $6 pf (3)_. Am Radiator 5 Am Rolling M(1.20) Am Safety Raz (6)- Am Se. Am Shipbullding 2. c1t&Ref (2) tef pf (6)_ Am Sm&Ref pf (7)_ - Am Snuft pf (6)___ Am Steel Foundry __ Am Steel Fy pf (2)_ Am Stores (2).. Am Suzar (2) Am Sumatra Tob 1. 4 Am Tel & Teleg (9). 7 Am Tobacco (5) 4 Am Tobacco B (5)_. Am Type Foundry.. Am Watcr Works _ Am Wat W 1st (6).. Am Woolen Am Woolen pf (32)_ Am Writ Paper (d)._ Am Writ Pap pf (d) 2 Am Zinc & Lead Anaconda Cop(a50c Anaconda W (adlc) 4 Anchor Cap (60c) _. Archer-Dan-Mid t1_ 4« Armour Del pt (7) Armour (Illinots) __ Arm'r(111)pr pf(6)_ Armstrong C (134)_ Arnold Constab 50c. Artloom Corp Asso Drv Goods Atch To & S Fe(a2). Atch To&S Fe pr(5) Atlantic Coast Line * Atl Gulf & W Ind = Atl Gulf&W Ind pf_ Atlantic Ref (1) Atlas Powder (+2)_. 14 Atlas Tack (a30c)-. 26% Auburn Auto 5% Austin Nichols 29% Austin Nich pf A 45, Aviation Corp(Del) 2!5 Baldwin Loco (a) 2% Baldwin Lo asd (d) 291 Baldwin Loco pf(d) 157 Baltimore & Ohto__ 21 Baltimore & Oh pf_. 13'¢ Barker Brothers 821, Barker Brospf __ 14 Barnsdall Oil (80¢)_ 16% Bayuk Cigar (75¢) . 18 Beatrice Cream (1). 85 Beech-Nut P (13)_ 13y Belding-Hem (1) 21% Bendix Aviation(1). 20 Beneficial Lo(t1%) 48 Best & Co (12) 45% Bethlehem Steel lsu Beth Steel 5% (1) lflh Blocmxn:dalo (40¢c) 77% Blumenthal pt 1 44 Bohn Alum & Br3) 39 Bon Ami (B) (2%) 25% Borden Co (1.60) __ 64 Borg-Warner (3)__. 6 Boston & Maine 12% Bridge'pt Brss 40¢ ' Bridgep't B, July 23 43% Briggs Mfg (12) 47'; Briggs & Strat (3)_ 41 Bristol-Myers (12)._ 40% Bklyn-Man Tr (3) __ 97% Bklyn-Man T pf(6)_ 415 Bklyn & Queens __. 44'; Bklyn Un Gas (3 8% Brunswick-Balke__ 13's Bucyrus-Erfe cv pf. 9' Budd (EG) Mfg 1% Budd Mf 1pd.July16 8% Budd Wheel = 11'; Bulova Watch 25 Burr Ad Mch(160¢). 21 Bush Terminal (d)- 1?‘/. Bush Term deb (d) " 2% Butte Copper&Zine 16 Byers \.. M) 22 Byron Jackson (1) 30% California Pke(13%) % Callahan Zinc . .. 6 Calumet&Hec a250. 30 Campbell Wy (t1) 10% Canada Dry G A 10% Canadian Pacific 12% Capital Admin (A)_ 6% Carriers & Gen 20c. 186 9214 J 1) Co 142 116 Case (J I)Co pf (7). 9 54% Caterpillar Trac(2) 21% Celanese Corp a50c. 19 Celotex Corp 54 Celotex Cerp pf 25% Cent Aguire (+1%). 615 Century Rib Mills__ 47% Cerro de Pasco (4).. 8% Certain-teed Prod 19 Champ Pap & F (1). 59 Clvesapeake Corpi3) 51 Ches & Ohio (2.80) _ 2% Chi & East [11 pf(d) 1% Ch! Grt West (d) 4 ChiGrt W pf (d) 6 Chi Ind&Lou pf (d). 25% Chi Mail Order 1% 1% Chi Mil SLP&P (d) . 2% Chi M StP&P pf (d) 2, Ch&NW (4) ___. 6% Cht & N W pf (d) ... 12% Chi Pneumatic Tool 40% Chil Pneu Tool pf .. 3% Chi R |&P 6% pf(d) 315 Chi R 1&P 14 pf(d) 19% Chi Yellow Cab (2). 20 ChickashaCO (2)_. 7 ChildsCo .. .. 85% Chrysler Corp (6)_.. 15% City Ice & Fuel (2)_ 72% City Lce&F of (634) 4% City Stores 33 Clev Grapb Br (11). 48 Cluett Peabody (1) 84 Coca-Cola (2) . 55% Coca-Cola A (3) —. 18 Colgate-P-P (50c).. 39% Collins & Atk (2) .. 112 107% Collins & Alk pf (7) 8% Colonial Beacon. 21% Colo & South ____. 19% Colo & South 1st pf 110s 26 14 Columb G&E(a20c) 90% Coi G & Ept A (6)_ 80% ColG& Epf (6)..- 110s 97 31 Colum Plet vte(tl). 94 Colum Carb vtcit4) 44 Comcl Credit (3) .- 101% 100% Comcl Cred pf 4% n 118 110 Comcl Cred pt (5%) 82% 55 Comcl Inv Tr 13.60. 116% 110% Come! 1 T cv pt (6). 114% .97 Comel In T pf(4%). 14% Comel Solv (60c) 21 Comw & Southern_. 59% Comw & Sou pf.(3). 7 Conde Nast Pub_.... 823 Congoleum-N 1.60.. A By Private Wire nlr;:t to The Star. Net Add 00. High. Low. Close.Chge. 63% 12% 19% 27 2 0% 14 13% 152 4% 34 36% 4~ 35 63% + % 12% + % 1% - % 50s 3 80s 6 135% 19 35'% 3% 52% 947 9 230 19 13 T4 36 TT% 21 27T% 1072 151% 143 1 151% 80s ll.fi‘u 1014 104 248 9 101% 10%, | 150 141 Bush Term B pf cod 2508 8 1 20 608 14215 5 72% 15 24% 5 25 1608 71% 1 30% 1 8 - CUS T PRI NeP - JUTUTEs = YR} + 4+ 4+ 104 el ... K+ F FEIFRER FFEFE & ¥ ¥ o 8% 106 115% 27°18 60s 80 1 4 508 110 110 110 240: 27% 27% 27% Y 508 mg a5 26 129 214 20% 20% — % 2 107% 106% 107% +1 97 97 -1 33 404 39% 39% + W 8 128 22 67 16 102% 101% 102 + % 2119 119 119 +1 41 T6% 76 76 4 116% 115% 116% — % 2114 113% 114 — % 41 16% 16 16% + 146 3% 34 3% 19 764 5% 76 8 ll IB% & £ % 7% + " Prev. 1936 High. Low. Dividend Ra 20 10 ComnR&L _aee. 338% 19 ConnR&Lpf...... 13% 8 Consol Cigar 85 724 Con C pr pf ww 63 78 65% Consol Cigar pf (7). 41% 27% Consol Edis N Y(1) lDElfi 102 Conso! Ed NY pf(5) 4% Conso! Film 15% Consol Film pf ($1) 37 Consol Laundries... 11% Consol Ofl (60¢) ... * Conso! Textile ¢d) .. 2 Cons Coal (Del) vte 12% Con C’1 (Del) vte pt 15% Container Corp (1) 10% Cont! Baking (A).. 1% Contl Baking (B)__. 67% Conti Baking or () 671 Contl Can (3) = 17!s Cont’l Diam Fib(2). 35's Contl Insur (11.20). 214 Contl Motors 2814 Contl Ot of Del(1) 27 Contl Steel Corp(2) 554% Corn Ex Bk&Tr (3). 684 Corn Prod Ret (3) 4 Coty Inc 35 Cream of Wh (2) 15% Crosley Rad(a50c). 43% CrownC &S (1) _. 7% Crown Zelleb’k vte . 951% Crucible Stl pf (32). 1% Cuba Co 614 Cuban-Am Sugar 635 Cuban-Am Sug pf.. 167x Curtis Publisning.. 991; Curtis Pub pf (7). 4 Curtiss Wright .. 104 Curtiss Wright A__. 43% Cutler-Ham (11) .. 7% Davega Stores t30c. Deer» & Co Deere & Co pf $1.40_ ¢ Deisel-Wem-G 1500 Delaware & Hudson Del Lack & West Dia Match pf(11%) Dist Corp Seag Ltd. . Dome Mires (12) Dominien Stores___ Douglass Alr. . Douglas Air. Aug 3 Dresser A (bllg) Duluth S S & Atl pf. Dunhill Internat'i _ Dupont de N 13.60. Du Pont deb (6) i Eastern Roll Mills_, a Stock and 2815 e 5% 44% 30% 114 110% 173 10 ..‘ Eftington-Schid . Elec Auto L (1.20)_. Elec Auto L pf (7). Electric Boat Elec&Mus In(b24c). lec Pw & Lt z Elec Pw & Lt $6 pf_ Elec Pw & Lt $7 pf_. Elec Stor Bat (12)_. Elk Horn C pf (d)._. Endicott-John () __ = 1R §5pf (4 L S §5.50 pf $4.40_ quit Office Ballc.. Erte R K = Erie R R 1st pt Erfe RR2dpf _ reka Vac C(80¢)_ Evans Products (1) Exchange Buffet Fairbanks Co Fairbanks-Morse : Fairbkans-M pf ( Fajardo Sugar (2)_ Federal Lt & Trac . Fed Lt & Tr pf (6) Fed Min & Smelter. Federal Mot T 40c__ : Fed Water Sve (A)_ Fed'd Dept Stra(1) . Firestone T&R 1.20 First Nat Strs(214) % Florsheim S (A) 11 “ollanstee Bros (d) Food Machine (1)_. Foster-\Vheeler Foster-\Wheeler pf ou'h N Iwwal.t5 Freeport lezas (1) : Freeport-Tex pf(6) Fuller Co 2d ot - Geh Am Investors Gen Am Trans(1%) Gen Asphalt(b25e). Gen Baking (60c) . Gen Baking pf (8) i Gén Bronze Gen Cable . Gen Cigar (14) Gen Blectrie (1) Gen Foods (1.80) 10‘4 Gen Mills (3) Gen Mills pf () __ Gen Motors (12) Gen Motors pf (5)_. Gen Outdoor Adv _. Gen Outdoor Adv A Gen Ry Signal (1) . Gen Real&U pf ww._ Gen Refrac (1) Gen St Casty Gen Theatre Equip Gen Time Instr'm’t. Glilette Saf Kazi1). Gillette S R of (5) .. Gimbel Bros Gimbel Bros pf(a2) lidden Co (2) __ Glidden cv pf (412). (Gobel (Adolt) 674 Goebel Brw C(t20c) 12% Gold Dust vte (60c) 13% Goodrich (BF) 78 Goodrich (B F) pf 21% Goodyear T&R . - 87 Goodyear $¥ pf (4)_ 815 Gotham Silk Hose _ 77 Gotha Silk H pf(7)_ 2 Gra'm P aige x rts 1% Granby C (24 stpd) 2815 Grant (W T) (1.40) 3214 Grt Northernpf.__. 16 Grt North = Ore(1). 31 Grt West Sug (2.40) 136 Grt West Sug pf(7) 22 Green(HL)Co (#1). 48% Greyhound C'p 3.20. 1% Guantanamo Sugar 24 Guantanamo Sug pt 914 Gulf Moblle& N . 30% Gulf Mobile & N pf.. 28% Gulf States Steel 33 Hack Wpt A(1%)_. % 30% Harbison Walk(t3) 16% 12 Hat Corpof Am(A). 115 104'% Hat Cpf ww (6%)_ 9 4% Hayes Body 16312 1501 Helme (G H) nf(’l). 4 25'% Hercutes Motor (1). 113% 84 Hercules Pow (5) . 135 128 Hercules Pdr pf(7) 1124 108 Holland Furn pf (5) 17%¢ 9 Holland & Son (50c) 37 19% Holly Sugar (2) __ 114 108 Holly Sugar pf (1) 397 Houd-Hersh A(2%) 224 Houd-Hers (B)1%_ 65% House Fin pf 1312 6% Houston il vic 48% Howe Sound (13) . 314 Hudson & Manhat__ 8'% Hudson & Man pf__. 13% Hudson Motor Car_. 1 Hupp Motors . 18% Illinois Central _ 30 Illinois Cent pf (A). 58 1l Cent Ise lines(4). 34% 25% Indus Rayon (1.68). 147 106 Ingersoll-Rand(t2). 114% 88% Iniand Steel (3). 13% 6% Inspiration Copper_ 7% 5% Insur Sh Md ct 18c. 18% 11% Interboro R T (d)__ 5% 2% Intercont! Rubber_. 156% 9% Interlake Iron 5% 2% Int Agricultural.._. 41 22% Int Agricul prpf o 185% 160 Int Bus Mach (16).. 49% 35% Int Cement (1%)--.. 90'% 56% Lnt Harvester 1.20_. 5% 2% Int Hydro Elec (A). 8 4% int Merch Marine 544 43% Int Nickel(Can)1.20 7% 3% Int Paper & PW(A). 3% 1% Int Paper & Pw(C). 40% 20% Int Paper & Pw Df . 44 37 IntPrintInk (1.80) 111 107 Int Print Ink pf(6). 815 3% [nt Ry Cent Amer 3 Int Ry Cent Am vte. 19% Int Ry CA DL ceeee 473 Int Shoe (12). 15 Int Silver 124 Int Tel & T4 10% Interstate Dept Str. 82 Int Dept Strs pf(7). 88 Johns-Manville(2)_ 126% 121% Johns-Manv pf (7). 75t Jones&Laugh?%Df . 13 Kans City Southern 19% Kans City South pf. 17 Kaufman Dep 8 (1) 261% Kayser(J)& Coa75e 20 Kelsey-Hayes (A).. 18 Kelsey- Bl]!l (B).. 14% Kelvinator 28% x-nneeonc (1. 10)_ 17% Keystone St1I&W(2) 18% Kimb-Clark (50¢r-- Bales— Add 00. High. Low. 408 €08 = T weBranannEaDelenit " 5] S 14 109 10s 123 80% 21% 38% 22 27% 22% 20 20% 40% 21% 28% 8l 6% 39 48% 16% 147% 181 98% 106 123 80% 21 37 21% 27% 221 19% 20 40% 21% 28 Close.f chn. 13% + % 28 + 4 it — U 82 +1 70 S0 S5 Seer + *1 1014 @ - @ FEFE Il +++4+10 EFFEFEEFES 214 + % 28% +1% High. Low. Prev. 1036 Stock ana Dividend Rate. 7% 3% Kinney (G R) Co.. 1 6% 4% Kresge Dept Strs _ 6 89 74% Kresge Dept Strs pt 90 25% 20% Kresge (S8) (1) 24% 110% 101% Kresge (S 8) pf(7). 19% Kroger G&B (1.60). 20% Laclede Gas (St L) 32 Laclede Gas St L pt 19% Lampert Co (3) T4 Lane Bryant 12! Lee Rub&T1i 15% Leh Por Cmt(a2ic) x 94'% Lehigh Por C pf(4). 2 Lehigh Valley Coal. 9% Lehigh Val Coal pf. 814 Lehigh Valle RR_ 12 Iehn & Fink (1%). 3715 Lerner Stores (2) __ 47% Libbey-Owens G(2) 7 Libby McNelll & L. Life Saver (1.60) ___ 97% Ligg&Myers B(14)_ Lilv Tulip Cup(134) 5% Lima Locomotive_. 6 Link Belt (11.20) 2'5 Liquid Carb (1.60). 43 Loew's Ino (12).._. 2 LoftInc . 3% Long Bell Lum (A). 21'% Lorillard (P)(1.20) 13 La Ofl Ref of (4)._ 20 Louisv GEEDfA 1% 5715 Louls & Nash (a2)_ 22% Ludlum Steel (1)... McCall Corp (2).. 4 McCrory Stores McCrory Srs pf (6)- Mcintyre Porcu(z). McKeesp't T P (14) McKesson & Rob _. McKesson&R pf(3). McLellan Stores.... Mack Truck (1) Macy (R H) Co (2). Magma Copper (2)_ Mandel Bros = Man Ei md gtd (d) Manhat Shirt (€0c). Maracalbo O1l Exp Marine M1d14 (40c). Market St Ry pr pf_ Marshall Fleld & Co Martin Parry . Mathieson Alk 1% _. May Dept Strs (2).. Maytag Co Maytag 15t Dt (6)_ Mead Corp 4 Melville Shoe (4) Menge! Co .. Mengel Copf __ % Mesta Machine (3). Miam) Copper Mid-Cont Pete 2400 » MidI'd Stl Prod (1, M1d Sti 1st pf (8) 5 Minn-Honey R t1% 6, Minn Moline Pwr 2%MStP&SSMIsin. 51: Mo Kans & Texas _ 14%5 Mo Kans & Tex pf__ 3% Mo Pacific pfed) . 20z Mohawk Carp (1)._.. 79 Monsanto Chem(t1) 35% Montg'y Ward(80c) s Morris&Essex(3%). Mother Lode __ Motor Products (2). « Motor Wheel (1)__. 4« Mullins Mfg (B) % Bales— 31 50% 110% 20 Mullins Mfg pf Munsingwear a1 - Murphy (G C) 1.20. Murray Corp . Nash Motors (1) ___ Nashv Chat&St L. Nat Acme Co. Nat Aviation _ Nat Biscuit (l ‘ 13 Nat Cash Re Nat Dairy Nat Dai at lh,\ullwrs (e t Lead (30c) . t Pur&Lt (60¢) - Nat Tea (60c) Natomas (180e) Neisner Bros (114) New Orl T&M (d) 9 Newport Industries 2 N Y Alrbrake = N YCentrai RR __ N Y Chicago & St L. NYChi&StLopf - N Y Dock Y Dock pf Y Investors (d) - NYNH&H (d) . Y NH & H pf (d) N ¥ Ontario & West N ¥ Shipbullding - N Y Steam pf (6) _. N Y Steam 1st (7) North Am Aviation North Am Co (1) orth Am Co pf(3). orth Am Ed pf(6) Northern Pacific Northwest Tel (3)_. Ohio O} (50€) . ___ Oliver Farm Equip- Omnibus Corp vte . Omnibus C'p pf (8)_ Oppenheim Collins Otis Elevator (60c) Otis Elev pt (6) - 1212 Otis Steel 128 Owens-111 Glass(5). 24 Owenc Il G.July 24 13 Pacific Am Fish (1) 315 Pacific Coast - 814 Paclfic Coast 18 41 Pacific Coasf 30% PacificG & E (1%). 47% Pacific Ltg (2.40) .. 14% Pacific Mills ___ ___ 118 Pacitic Tel&Tel(6) - 140 Pacific T&T pf(6) 674 Packard Mot (a25¢) Panhandle P& pf Paraffine Co (2) ... Paramount Pictures Paramount 1st pf__ Paramount 2d pf._. Park Utah Parke Davis(a1.35) Parker Rust P(13%) 123 140 4% 114 130 151 13 74! 1501y 11% 53% 76! 9% 5% 10% 3% Patino Mines 11 Peerless Motor . 69 Penney (J C) (13).. 31 Penn Coal & Coke. ... 413 Penn Dixie Cement.. 28%, Penn Dixie C pf(A). 17 Penna Glass ctfs - 28% Penn Railroad (al). 30 Peoples Drug(t1) . 110 Peopes Drg pf(6%) 38 Peoples Gas Cht 25'% Pere Marquette 56 Pere Marquette pf 6415 Pere Marq pr pf 12% Pet C'p of Am a25c.. 10'x Pfeiffer Brew(1.20). 25% Phelps Dodge a50¢... 81 Phila Co pt (6) new. 1’3 Phila & Read C&1__ 66 Phillip Morris (1)-. 7% Phillips-Jon 3814 Phillips Petol (11). 5% Phoenix Hoslery __ 72 Phoenix H pf (3%). 8 Plerce Ofl pf - 30t Pllsbury F1 (1.60). 715 Pitts Screw & Bolt_ 49 Pitts Steel pf . 3 Pitts United Corp.. Pitts & W V. 1% Pittston Co 117 Plvmouth Ofl (1) 12 Poor & Co (B) - 4% Porto R Am Tob(A) 63, Postal Tel&C pf(d). 2% Pressed Sti Car (d). 18 Pressed St1 C pf(d) 40% Proctor&Gam(1%). 48% 39 PubSve NJ (3.40) 48% 36% Pullman Thc (llfi)_ 24% 16% Pure O1 138% 103 Pure Oil pf (8)._. 17% 9% Purity Bakeries 40¢ 14% 9% Radio Corp 79% 68% Radiocu 1st pf l*_ 108% 82% Radlo Corp pf (B)-. 9% 5 Radio-Keith-Ortd). 18% 11 RRSecllCent...__ 38% 287% Raybestos-M (1%). 48% 35'% Reading (2) 39 Reading 1st pf @ 9% Real 8ilk Hoslery.. 1% Bels (Robt) .. 12% Reis (Robt) 1st pf.. 18% Rem Rand ($60c) . 21 Rem-Rnd 6% pf 1%. 4% Reo Motor Car. 116 27% 46% 47% 126% 4T 19% 108 5 12% 12% 79 108% 6% 13% 31% 4l 46% 4 6 90 24 31 . 49 20% 11 13% 18% 97 2% 10% 10% 15 54 60% 8% 28 110% 20 2914 37 3815 1% 2% b 23% 36 14 45 1% 1501 11 40 116% 101" 14 13% 35 943 27 3 46' 126% 467 19% 107 12% 1% T8 108% 6 13% 31% 40 10% Net Add 00. Kllh Low. Close.Chge. 4 + % 6 90 +1 24% + W% 103'5 103% 1034 + % 20% 20 20% 31 49 20% 11 - % 18% — % 18% —. % 97% +1% 24 — % 10% + % 1% + % 16% 54 60% 8% 28 110% 20 30 37 381 523, 2 513 2;{‘1 4+ % -1 -1 231, 15 9% 30 |Hvlyv|¢» % 4 R R 9% 108% 64 134 31 40 46% 10% 2% 174 19 21% 4% Fledet+ 1914 41} FEFFF FFEEEEFPFEFL Tha b0 & Prev 1036 . Low. 16% Republic Steel .. 71 77 Republic Steel pf 78% Repub Stlpf A (6). 22'; Reynolds Met (1) 25 Reynolds Spr'g new 59 Reynolds Tob (3) . 50 Reynolds Tob B (3) 5% Rutland R R pf 35% 29% Sa y Stores (2). 114% 110‘- Safeway Strs pf(7) St Joseph Led(80c) 23 1'& St L-San Fran (d).. 2% 2% St L-San Fr of (d). 4 11 Savage Arms 11% 38% Schenley Dista7ic. 39% 97% Schenley D pf (6%) 4 100% 1% Schulte Retail Strs. 1% Scott Paper (1.80) . 603 Seaboard AIr L (6). 1 1 Seahoard A L pfid) 2% ab'd Oil(Del) (1) 3 Sears Roebuck (2) Second Natl Invest Sec Nat Inv pf 12.90 crvel Ine (60¢) .. Sharon Steel Hoop- « Sharp & Dohme «Sharp & D pf (3%). Shattuck F G (60¢). Sheaffer Pen (2).__ Shell Union 01} Shell Un O pf (5%)- Siiver King (40¢) Simmons Co Simms Petrol. Skelly O1i Sloss-Sheffield Stl.. Smith (A V) - Snider Packing 12 Socony-V UII ( S0 Am G & P a20c - So Porto R Sug (2). South Cal Ed (1 %). Southern Pacific Southern Rallway Southern Ry pr parks- Withington rear & Co Spencer Kell (160) Sperry C vie blic Spicer M1 z Spicer Mfg pf (3) . Spiegel-May 8 (2) 19% 84 818 24% 25% 597 55% 6 30% 111 142, 110" 8% 19% 121% 9% 31% 5% 60 47 24 14 Stand Com Tobacco 10% and Gas & £ (d) Stand G&E 34 pt (d) and G&K $6 pf(d) tand G&E 87 pf(d) and O of Cal (11) and Ofl of Ind(11) nd Gil of Kan tand Oll of N J 11 erling Proa (3 ¥0) erling Secur pt _ ewart Warn(50¢) one & Webster __ Studebaker Corp. . Sun O11 (1) = eater (50¢)-. Superior 011 iperior Steel Swift&Co(l)....o Swift It Ltd (2)_. Symington A (d) _. Telautograph(60e). Tennessee Corp . Texas Corp (1) . Texas Gulf Sui (2). Texas & Pac R R 1% Thomp'ReJ XY (5 Thompson P alle - 1-Detrott Timken R B (12) nsamerica t10c ns & Westn Air ~ Transue & W1ll 60c. ri-Conti Corp )th Cent Fox Film 5 th Cen Fox pf 1 TwinCity RT_ Ulen & Co = Und-Ell-Fish (3) 2 Una-El-Fish pz (7) 21 Unlon Bag&Pap (2) Un Carb&Carb 2.40 Unton Otl of Cal (1) = Union Pacific (6) _ Union Pacific pf (4 Un Tank Car (1.20). Unitea Atrcraft. ___ United Afr Lines vtc : United Am Bosch __ United Bise (1.60) _ Unit-Carr F(11.20)_ United Carbon 2.40. United Corp 2 United Corp pf(3 United Drug United Dywood (al) United Dyew pt (7) United Elec Coal . 2 United Frutt (3) __ United Gas Imp (1) U S Distributing pf US & kor'n Secur - ind Alcohol (1) S Leather vic Leather(A)vte. SPipe & F (13%) - Renny & Amp,‘ s LT IR PR POy U 'S Sm&R o 33%). US Steel ___ - U S Steel pf (2) United Stores (A) ¢ ed Stores pf 33 Univ Leaf Tob (13) Univ Ple 1stpf. Univ Plpe&Rad (d) 1 Utll Pwr & Lt (A)_. . 5 Vadsco Sales Corp.. 14 Vanadium Corp. 18 Van Raalte (1). 414 Van Ral 1st pf (7). 1 Vick Chem (12) 46% 434 Va-Car Chemical 5 Car Chem 6% pf. 35 2% Wabash (d) ______ 2% 5 Wabash pf A (4) 7 9% Waldor? Syst (80c). 14% 30 Walgreen Co ((2)__ 3313 26' Walker (H) (2)____ 32% 17% Walker (H) pf (1)._. 18 5's Walworth Co______ 61 2!x Ward Baking (B)_ 3y 9% Watner Bros Pic 10% 44 Warner Bros Pic pt 53 ' Warner-uin (d) 4% Warren Bros 21 Warren Fary&P(1) 6'% Webster Eisenlohr_ 1!x Wells Fargo ____ 33% Wesson O&S(150c). 87 West Pa Elec pf(6) 96 West Pa Elec pf(7) 116'; West Pa Pwr pf(7). 8l% Western Maryland_ 15 Western Md 2d pt. 2 Western Pacific 5% Western Pacific p:_ 72!; West Union (a2)_ 34% West'sh'se A B (1)- 94'; Westingh'se El (4)_ 22% Weston El 1 (a2bc)_ « Westvaco Chlo t40¢ 50 Wheel & Lake E pf._ 21'3 Wheellng Steel __ 84 Wheeling Stl pt $2_. 183% White Motor 13% White Rk M S(1.40) 3% White Sewing Mch._ 6% Wilson & Co (50¢) - 70 Wilson & Co pf (6)- 44% Woolworth (2.40)__ 23 Worthington Pump 56 Worth Pump pf(A) 47 Worth Pump pf(B). 62% Wright Aero___ 66 Wrigiey W ir (13)_ 33% Yale & Towne (60c) 8%, Yellow Truck . 83% Yellow Truck 424 Young Sp& W ( 41% Youngstn Sheet & T 11! Zenitn Radio .. 9% 5% Zonite Products. 26 10s 55 64% 29% 6% Approximate Sales of Stocks on the N. ¥. Stock Exchange. 11:00 AM._ 1:00 P.M. 2 0 Total Sales for the dly 1020 000 Dividend rates as given in the above table cash payments based on the latest auarierly ‘or Halfesrs | Vlnnllll’ ‘nle:— a Pal 18 d Companies reported In receivership declarations sUnit of trading less than 100 shares. not_including extras. year. bPaid last year. or being reorganized. #Accumulated dividends. xEx dividend Auuuo High. Low. Close. chn - _ 680,000 1.150,000 19% — % 84 +1 82 24% +1% 25% + % 60+ % 55% + % 6% + % 30% + 4 m -1 23% + W 2% 4 126 + % 40% + % | 100% | 134 — %, INWALL STREET Selective Equities Up Frac- tions to 3 or More Points. Stock Averages 30 tndus Net change. +.6 Today. close *87.6 Prev. day .. 87.0 Month ago. 84.3 Year ago... 62.1 1936 high_. 87.6 1936 low.... 734 76.3 15 15 80 Rails. Utll Stks +.6 —. +4 2% + % 3y 1 36.9 36.3 35.0 246 39.7 302 312 50.6 *65.6 508 652 48.7 630 325 453 508 656 434 551 447 581 495 185 216 348 175 8.7 239 169 .146.9 1539 184.3 157.7 1927 low.... 51.6 95.3 618 618 *New 1936 high. (Comptled by the Associated Press.) 121 + 9y 32 + 3% + 25% — 60 47 | 25 + % 14 4% + BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, July 13.—A better brand of weather news, combined with ;sxgns of continued industrial prog | belped to lift selective equities fr tions to 3 or more points in t stock market. Many issues edged forward new high territory for the past years or longer. There was some profit-taking, but the close was fir, Transfers were around 1,500,000 Utilities Backward, With showers appearing in some of | the drought regions, agricultura & | plement, rail and merchandising stock: came to the fore in the mo Most of the utilities, steels and mot were backward. Among outstanding gainers were J I Case, International Harvester, Dee Caterpillar Tractor, Oliver F: Southern Railway preferred. Fe. Delaware & Hudson, Great No | ern. Union Pacific, Atlantic C: -Roebuck, Montgomery Spiegal-May Stern. . { mons, Chicago Mail Order. Aircraft, Union Carbide, Amery Smelting, Johns-Manville, U. . Sme ing, Greyhound Corp., Eaton ) | facturing and Woolworth. With electrical equipment orc: said to be at top levels for some t Westinghouse and General Elect were conspicuous in the forward move Active Stocks. Active and firm were Radio Corp. Loew’s, Warner Bros., Columbia Pic- tures, R-K-O and Paramount. | General Motors, U. §. Steel, Bet- lehem, Inlend Steel, Standard Oil |of New Jersey, Phillips Petrole: American Telephone, Consolidated Ed- 1 ison, North American and Americon % | Water Works were about unchanged *c ‘2 down a point or so. wl Bonds were steady. Foreign go'z 1 currencies rallied in terms of the do'- lar. Grains were soft at one t but came back partially. WHEAT REDUCTION IN EUROPE SEER | Smallest Crop Since 1932 Likely in Territories Outside of 197 + 1% — 9 274 + 35% + 1042 Danube Basin. B; the Assoclated Press. Echoing today's reports of damage _| to the American wheat crop, foreign | advices declared the European wheat situation outside of the Danube Basin would be featured by the smallest crop since 1932 An important increase for Europe was thus forecast since the carry-over | stocks are at the lowest point in four years and the surplus e ble for export from the Danube, the Agricul- '+ | ture Department foreign service says, * | is not expected to be large . ‘| The only important countries ex- s, | pecting to have crops larger than -1t | those of a year ago, or above average, » + | were the Danube countries and Ger- many. On the other hand, indicat: | were that Argentine farmers might take advantage of the situation where American farmers cannot. Wheat sowings for the 1936-7 crop {in Argentina are generally expected| a1 to be larger than 1935-6 and in th 113 ‘Ziule‘mce of San Luis weather cond 46% + % |tions were reported more favorab! 5 than usual. 3B + 1 222 CHICAGO GRAIN By the Associated Press. CHICAGO, July 13.—After a day of tumultuous trading and sensationally wide fluctuations, grain markets today ! at the wind-up stood little altered from | last week's level. Forecasts of abatement of drought | and heat were fulfilled, but to a rela- tively slight extent, the promised re- lief seeming to have spent its force chiefly before reaching the grain belt proper. Rains in Canada were part\y offset by official estimates that the 1936 Canadian wheat crop would be reduced to 275,000,000 bushels. Wheat closed nervous, 1 under Saturda; . September, 1.037 a 1.04; 1.05%a%s. Corn, % down to 1% ade vanced. September, 817a82; Decem- T ber, 76%a%. Oats unchanged to *s = + h) higher, and provisions varying from 25 41 |Cents setback to a rise of 2 cents 87 48 2215 — & 15% 4% - % 8 -3 8% +1 54 + % 2% - W 661% — 13 to 1'% mber. 2 Com—dul)' N-‘x-;. September. £1° 82; D!cel\ u—July Sevl!mber. Sentember. Degember. 19 Blrl"—July 63; September. 63, NEW YORK COTTON BY the Associated Press. NEW YORK, July 13.—After an early decline of about 12 to 21 polats cotton rallied. October rallied from 12.46 to 12.65 and the gineral list was within 2 to 6 points of Saturday's closing quotations in late trading. Futures closed steady, 7 to 14 lower. July, 13.42; October, 12.57-58; De- cember, 12.56; January, 12.53; March, 12.52; May, 12.51. Spot quiet; mide dling, 13.52. 3813 70-70"88 65% 20% - % 64 + 4 . Glass Specialists Hired. AMERICAN CAR BARES INCREASE IN BACKLOG By the Associated Press. NEW YORK, July 13.—Charles J. Hardy, president of American Car & Foundry Co., told shareholders at their ders on its books, $14,000,000 a year ago. Citing the sharp decline in freight A annual meeting the company had |years, Hardy said there were indica- more than $22,000,000 of unfilled or- | tions the carriers would have to in- crease their purchases of equipment if carloadings reached the 750,000 weekly level predicted by some traffic|ing in the Belgian Congo report & cares owned by railroads the last few authorities for the Autumn months, marked advance in business, compared with Eighty glass manufacturing special- ists of Czechoslovakia have been ime ported into uypt to produee glass. Congo B\nmm Good Great industrial companies operate