Evening Star Newspaper, July 24, 1936, Page 14

—14 5k NG "STAR, WASHINGTON, D. C.. "'FRIDAY, 'JULY " 24, ' 1936. [}ASNHR[VENU[STRANSACTIONS oN THE NEW YORK STOCK EXCHANGES[[[[}I[USI[][}KS- FINANCIAL. FINANCIAL. 22% Address’graph(60c) 2% + % 1'% Advance Rumley . 58 Afr Reduction (11). 2 Air-Way Elec Appli Heavier Expenses Bring Half i A A par’ 2% Alleg Corp (d) .. . Year’s Income Under 393 12% Alleg pf wi30w (d). 37% 12% Alleg pf wS40w (d). 1935 Levels. 37 12% Alleg pf xw (d)_. 45% 27 Alleg prpf (d)...__ BY EDWARD C. STONE. 39'% 267 Alleg Steel (1) Total net income of the Washington | 212% 157 Allied Chem (6) Gas Ligitt Co. in June was off $46,525| 28% 23'% Allled Mills (a25c)- as compared with the same month last | 12% 6% Allied Stores _ ... . . 84 69 Allied Stores pf (5). year, and in the first six months of 501 35% Allis-Chalmers (1) this year was $100,000 lower than in| ,g,; ]9% Alpha Port Cmt (1) the like period in 1935. 53% ‘Amal Leather pf 2 According to the June financial| 63% Am Ag Chm Del(3). statement just filed with the Public| 55% Am Blnl_t Note (1) Utilities Commission, net operating ’ggf Am Brake Shoe 1.60 'y Am Brake S pf 5% - revenues for the month amounted 10| 137,0 1153 am Can (14) $75,379, against $135,250 for June of last year, a decrease of $59,871. ETTYYS ‘Stockand . Sales— Net - | Prev.1038 .. ° Frev. 1938 ._ Btock gnd Bales— |N UPWARD SW|NG 8% —1% 2 ConsCoal (De)vic. 3 %| 44% 28% KennecoftC (1.20)_. 30 22% Reynplds Met (1) 26% 6 . By Private Wire Direct to The.Star. . 1938 - Stock and . Net . 19368 Stock and Sales— Net . Low. Dividend Rate. Add 00. ln' Cloce. Chge. | High. Low. Dividend Rate. Add 00. . Low. Cloce. Chge. | High. Low. Dividend Rate. Add 00. High. la', Goa: (-‘hll 1ow. _ Dividend Rate. Add 00. High. Low. Cloce. Chge. 16% Cons Filmpf 31)__ 2 2173 1% 33% 26 Kayser (J) (a75c)_. 26% — %| 8% 4% Reo Motor Car 1 5 4% 4% 9% Adams Exp (a20c) . 15 13% 13" —%| 6% 3% Consol Laundries_ 1 94% 80 Keith-A-O pr(3%). . 941 16% Republic Steel __ 21% 21% — % 17% Adams Millis(a7sc) I 3 2 o~% 4% 12% Cons C (Del) pf vtc. 20s 17% Keystone Steel . 25 Reynolds Spr new _ :g;/; 8 s{Late Profit Taking Tumbles 11% Consol Oil (80¢) . b9 13% 13 o] 17 Republic Steel pf 51 9 6% ConsolR R Cubapf. 1 e "2’52). fg 53:3.“"" s % s :,/2 78% Rep Stlprpf A (6)- 91% sw 41% 8L .| Recent Leaders and Close 30% 30% z ‘ 111% Is Irregular. 18% Kimb-Clark €50c) - 1 30 Kinney (GR)pf___ 108 %5 20% Kresge (S 8) (1) 86 110% 101% Kresge (S S)pf(7)_ 30s 28 19% Kroger G&B {1.60)_ 21 13% + % 15% Container Corp (1) 4 10% Contl Baking (A)-.. 1% Cont] Baking (B)._ . 3716 - 2% 67% Contl Bakinz pf (4) 37 1% 67% Contl Can (3) 42% + % 17% Contl Dia Fibre(2) 50 Reynolds Tob B (3) 74% Ruberoid Co (1)._.. 5% Rutland R R pf. 29% Safeway Stores (2) 114'/1 110% Safeway Strs pf (7) 20% Lacle: (StL). 40s 22 St Josepr Ld (80c) 35% Contl Insur (11.20)_ 190 umb.::t(‘c':m.. )= 1% St L-San Kran (d)_. 2% Cont]l Motors . A 7% Lane Bryant 5 1 2% St L-San Fr pf (d)_. 281 Contl Ofl of Del (1) 3 3 12 Lee Rub&Tire(50c). 2 18 St L Sownpf (d)__. 27 ContiSteel(2) . . 9 15% Teh Port Cmta2sc . 19 % 11 Savage Arms 55% Corn Ex BK&TT (3). 60s 673 4 2" Lehigh Valley Coal. 1 37% Schenley Dist aTsc_ 68% Corn Prod Ref (3) . 11 x 9% Lehigh Val Coal pf. 1 97% Schenley D pf (5% ) 162 Corn Prod R pf (7) 1 8% Lehigh Valley RR_ 45 1% Schulte Retail Strs_ 4 Coty Inc A % 80 Lehman Corp (3)_. 53% Scott Paper (1.80) 35 Creamof Wh(2) _ 2 4 12 Lehn& Fink (1%)_. 7 Seaboard Air L (d)_ 15% Crosley Rad (as0c). 18 3735 Lerner Stores (2) 2 Seaboard A L pf(d) 50% 50% 43 Crown C & S (1) 2 47% Libbey-Owens (2) . 30% Seaboard Oil (1) _ 135% 135% 5% 46% Crown C&S pf(2%) T 7 Libby McNeill & 1. 59% Sears Roebuck (2) . 135 134% 7% Crown Zelleb’k vic 9 9 - 97 Ligg & Myers (14) 15% Servel. Inc (60c) g 28 Crucible Steel . 97% Ligg&Myers B (14) 20% Sharon Steel Hoop- 1% Cuba Co 3 19 Lily Tulip Cup(1%) 4% Sharpe & Dohme 6% Cuban-Am Sugar._. 71 e —E e 38% -+ 1% 2 - whangen=Sananad 23% 23% 2% 2% 05 4% Stock Averages e T IO - runluSannoas 30 15 18 60 Indus. Rails, Otl) Stks. Net change. +.1Unc. —1 Une. Today, close 90.0 38.7 518 67.5 Prev. day... 89.9 38.7 519 675 Month ago. 86.1 356 482 63.9 Year ago__. 634 243 332 462 1936 high__. 90.2 39.7 52.1 67.7 1936 low. 734 302 434 557 1935 high_.. 763 312 44.7 56.1 1935 low. 495 185 21.6 348 e ;-: - S © & DroE~0 4162)% Am Canpt (1) _ 830 Am (ar & Foundry - Operating revenue for June, 1936, $454,208, compares with $479,426 for June a year ago, a decrease of $25,218. Operating expenses, including taxes and uncollectible bills, increased $34.- 653, this year's figure being $378,829, against $344,176 in June, 1935. Non-operating revenue for June this year increased $22,525 over last year's figure of $16,557 to $39,082, resulting in a gross corporate income of $114,- 461, which compares with $151.807 for June, 1935, or a decrease of $37,~ 346, Interest deductions of. $81,026 for Vune, 1936, were $9,179 more than last vear's figure of '$71,847, resulting in a .net income of $33,435 this year compared with $79,960 last year. The report for the first six months of this year shows total operating rev- 57% Am Car & Fdry pf. 31 Am Chain 114% Am Chain pf (:8%;:) 875 Am Chicle (4) 2013 Am Comel Alcohol 16% Am Crystal Sugar 3% Am Encaustic (d) . 6'3 Am & Foreign Pwr 29% Am & For Pw §7 pf. 12 Am & For Pw 2d pf 13 Am Hawaiian (1) 55 Am Hide & Leather 37 Am Home Pr (2.40) 95 Am International s Am Locomotive Am Locomotive pf 21 Am Mach& F (80c). 10 Am Mch&Met a25c. 27 Am Metal 35': Am News(NY)2.40_ 7% Am Power & Light - 36% Am.P&L $5 pf(2%) 43. Am P&L $6 pf (3)__ 18% Am Radiator d 157 Am Radiator pf (7) o FEYIPIIoE Y e SR an~nnonnen @ 63% Cuban Am Sug pf __ 380s 35% Cudahy Pkx (2%3) 1 16% Curtis Publishing 9915 Curtis Pub pf (1) __ 4 Curtiss Wright 10} Curtiss Wrizht (A) 60 Cushmansdf (332) 43Y% Cutler-Hammer (1) 5% Dav Stores 730c 52 Deere & Co 19%: Deisel-Wem-G t50¢ 36% Delaware & Hudson 14% Del Luck & West 9% 4% Den&Rio GW pf (d) 128 Detroit Edison (14) .4 Det& Mackinuc 42 Devoe&Rey (A) (2) 38 Dia Match pf (11%) 18% Dist Corp Seag Ltd . 13 19%; Dixie Vortex (1%) 2 41% Dome Mines (12) 6 50% Douxzlass Aircraft 181 2% Douglas Air Aug3. 295 Dresser A (bl%) 2 25% l.ima Locomotive. 36 Link Belt (71.20) 32% Liquid Carb(1.60)__ 43 Loew’s Inc (¥2) . __ 2 Loft Inc 3% Long Bell Lum (A) 40% Loose-Wiles (2) 45 1127% 107 Loose-Wiles pf (5 26% 151 51% 267 93 35 21 Lorillard (P)(1.20) 142 Lorillard (P) pf(7). 200s 13 La Ofl Ref pf (d) ~ 1108 20 Louisv G&EpfA 1% 571% Louis & Nash (a2)_ 22% Ludlum Steel (1) __ MecCall Corp (2) . ores Mcintyre Pércu (2) Mtl\eeap tT P (14) 58 MeLellan Stores___ Mack Tryck (1) Macy (R 1) Co (2). Magma Copper Manati Sug pt (d) i Manhat Shirt (60c). 43% Sharp & Dpf (3%2)- 11% Shattuck F G (50¢) 19% 14% Shell Union Oil 123 110% Shell Un Ol pf 5% _ 14% 8% Silver King (40¢) 35% 19% Simmons Co (ad0c). 6‘ 3V Simms Petrol 19% Skelly 0il 556 Slo: effield Stl__ 65% Sloss-Shef Stl pf 12% Socony-V Oil (40c) 114 110 Solvay Am pf (5%) So Am G & P(a20¢). o Porto R Sug (2) - South Cal Ed (1%). Southern Pacific outhern Railway - uthern Ry pf alding (A G) palding(AG)1st pf arks- Withington Spear & Co Sperry V&C (b2sc) - Spicer Mfg Spicer Mfz pf (3) 14 112% 4 29 31% 39% Vi AL+ 0+ (EA +41 1932 low. 175 239 169 1929 high_._146.9 153 9134.3157.7 1927 low.... 51.6 953 61.8 61.8 (Compiled by the Associated Press.) D e BY VICTOR EUBANK, Associatea Press Financ.ai Writer, NEW. YORK, July 24.—Selected 4 | stocks forged ahead for gains of frace tions to 3 or more points in today's market, but late profit taking fum- bled many of the recent leaders and the close was irregular. Transfers were around 1,350,000 shares. While many of the recent leaders were restrained by profit taking, out- standing soft spots were few: ‘The close was firm. Transfers npprmh- mated 1,350,000 shares. Auto Equipment Stocks Strong. enues. of $3,764,498, an increase nf‘ o 3 2 o Al . 1 the same period a year m Rolling 2 resser Mfg - Hiseabd il ‘l";e‘mlmg"e" 116% 89% Am Safety Raz{6). 2 4% Dunhill Internatl . 1 i AT ot 27 18 Am Seating__ _ s 25% 166% 133 Du Pontde N (3.60) 11 penses advanced to $2.715,720, a jump | 911, 56% Am Smelt&Ref (3). 86 133% 129 Du Pont deb (6) 13 of $315,554 over last year. 152% 136% Am Smé&Ref pf (7) 148% 115% 111% Duquesne Lt 1st (5) 50s Non-operating income increased | 73'2 57% Am Snuff (13) : 62Y 9% 5% Eastern Roll Mills_ 9 more than $24,000 but there was an| 33% 203 Am Steel Foundry _ % 33 156, 156 Bastman KKod (15) 2 offsetting increase of $20,000 in in- | 125 107% Am Steel Ky pt (2) s 123% 166 155 Kastman Kod pf(6). 20s terest and amortization, leaving total | fir :S./ :: :z{r::(‘;; 27% 2 ';g' swg;‘z?‘u‘on A\uxgt:"u“d SR t of $656,170, against $756.- S o el : % 5% Eitington-Sc! Dct dncomerof S5 asA TR ;| [ 1417120 Am Sugar pt (7). - 30% lec Auto Lt (1.20) 9 RYEAT aE0, Or rease in met | 263, 205 Am Sumatra Tob {1 10 Electric Boat of $100,405. 178 1491 Am Tel & Teleg (3) 51% Elec&Mus In(b24c) Georgetown June Net Higher. 1023 87 Am Tobacco (3) 6% Klec Pw & Lt ‘The monthly report of the George- | 194 883 Am Tobacco B (7). 291 Flec Pw & 1t 36 pf town Gas Light Co, also filed with | 139, 137 Am Tobacco bl (6) 32% Klec Pw & Lt $7 pf_ the Public Utllities Commission, ShoWs | 25 191» am Water Worke 423 Elecitor Bac (%)~ a net loss of $1,763 for the month of | 10715 92% Am Wat W 1st (6) 71% Engineers Pub Sve._ June, 1936, as compared with a loss | 11'3 7% Am Woolen_. __ 5% Equit Office Ballc_ Spiezel-May-S (3) i Square D Co(B)s0c % Stand Brands (30c) tand Brands pf(7 ‘While the major motor issues ap- | peared to be in a resting mood, auto- mobile equipment stocks exhibited a strong tone partly in response to a sharp increase in motor car produce tion this week. Favorable earnings statements cone- | tinued to make pleasing reading for Wall Street, although here and there an exception appeared. The steels lost their steam of vese | terday, but the majority kept their heads above water. A rally in farm implements fole | lowed predictions of more rain in the drought districts. J. I. Case, Minneapolis-Honeywell and Douglas Aircraft got up some 5 points each at their best. Others conspicuous on the upside included = | Philip Morris, G. C. Murphy, Collins “| & Aikman, Owens-Illinois, Purity Baking, Electric Auto-Lite, Hercules Maragaibo Oil Exp Marine Midld (40c) 4 Market St Iy 2d pf_ Marlin-Rock (12) % Marshall Field & Co %2 Martin Parry Mathieson Alk 1% % May Dept Strs (2)_. 263 Stand G&I Maytaz Co 354 Stand O of s Maytag pf ww (3)_ 2 32% Stand Oil of Ind (1) Mengel Co__.__ 511 Stand Oil of N J (71 Mengel Co pt = 110; terling Prod (3.80) Mesta Machine (3)_ Miami Copper 19 Mid-Contl Petad0c. 20 Midland S Prod (1). 16 Mid Stl 1st pf (8) 20s Minn-Hon Ros 1% 8 Minn Moline Pwr 12 Minn Moline Pwrpt 6 9 6% Sweets Coof Am MStP&SSMisin. 10s 3% 25 20% Swift & Co.(1) % Mission Corp 1 9 281 Swift Intl Ltd (2) Mo Kans & Texas .. 16 2 I 2% 1 Symington (d) Mo Kans & Texpf _ 28 5% Symington A (d) Mo Pacificpf (d) _ 9 5% Tennessee Corp Mohawk Carpet (1) 1 2875 Texas Corp (1) Monsanto Chem(71) 2 33 Texas Gulf Sul 80c . 262 % Tex Pac Land Trust e T el Ot Motors, Santa Fe, Montgomery Ward, Motor Products (2). 15 2 2 x Thermoid Co 1; | Sears, Roebuck: Bandix, Davega 24% Thomp'n Prod a3oe_ 3 % | Stores, Allied Stores, Seaboard. Oil, 4% Thompson Starrett B b | Macy, Holly Sugar. American Crystal 26 Thompson Star pt - 3 et s 14% Tide Wat Asso 60c > 1% g‘ée; International Harvester and 1 1005 Tide Wat A O pf(6) 5 105 106 - 12% Timken-Detroit s 18% 18% | Other Transactions. 56 Timken Roll B (72) ;1 6574 A shade either way were American 11 Trantamerica i40c 13% Telephone, Consolidated Edison,” New 14% Trans & Westn Air_ 3 e 20 | York Central, Northern Pacific, Penn- 19?. Tmnfxue&\}ilham; 12% ylvania, Standard Oil of New Jersey, by 3‘_;::“"_‘;::3;‘;' 9 gf‘ General Electric, Goodyear, United & e e States Steel, Bethlehem, United Air~ 313 20th Cent Fox F pf_ o 34% R =7 o e .o craft and National Distillers. 8% TwinCity RT_____ "’: Ulen & Co T s Chrysler, General Motors, Auburn, 972 Stand G&IS $4 pf (d) 9's Studebaker Corp ._ 27 Superheater (30c)_ rerior Steel 4 - 3 pf $4,187 for June of last year. 708 543% AmWoolen pf (32)_ i 11 Frie R R NN 5 2 5 16- Erie RR1stpf__ s 1 3 % Am Writ Paper (d). ear were $84,044, as against $85.954 4'a Am Writ Pap pf (d) e 9 11% Erie R R 2d pf ¥ B 314 Am Zinc & Lead - W Al 4 12 Eureka Vac C (80c) for June, 1935, a decrease of $1,910. . = A Operating expenses, including taxes e Asconds Air ') 23: hZ‘I.‘I.iT%‘L?iL“‘ and uncollectible bills decreased $2,246, 15% Anchor Cap (60c) o5 ,;.‘rb“ks Co T u 5408 this year's figure being $84,069, 9 Andes Copper—__ 815 Fairbanks Co pf___ 1108 against $86,315 for June, 1935. 3 AP WPaper. . 34% Fairbanks Morse _ 8 Non-operating revenue was $250 37 Archer-Dan-Mid 11 1221 Fairbanks-M pf(6)_ 1 1 more this year than last year, result- 4% Armour (1llinois) . 1% Fajardo Sugar (2 37 . % 2 Motor Wheel (1)___ 6 Sng in A gross corporate income of SE} Arnin(HDprDIIE) 18% Federal Lt & Trac 1 Mullins Mfg (B) _ 14 $4.702, compared with an income of i emsmnc %) e 84 FedLt&Trpf (F).. 708 Mulline MOpE 23365 =408 2102, P 712 Arnold Const (50¢) 2 7% Federal Mot Tr40c_ 6 Murphy (GC)(1.20) 13 %4116 for June, 1935. Interest de- 814 Artloom Corp - - B et Sy CAD 42 Meurray Govplises S0y ductions _decrpa_wd $1.838. this vear's 12% Asso Dry Goods - 201 ¥ed'd Dept Strs (1) 2 ‘ash Motors (1).__ 11 figure being $6.465, against $8.303 for 59 Atch '!‘o& SFea? . 38 Kid Phoe F'I (¥1.20) NashvChat& StL. 30s June, 1935. X | g\l)" A'lch 1,0&‘81'?;“5' 2110 Filene's Spf (61;) 208 Nat AcmeCo_ . __ 8 For the first six months of this year "‘N :'laé“;g e 247 Firestone T&R 1.20 Nat Aviation operating revenues made a gain of 6% A:hn“’m Ret (1"\ % iy " ® 105% 10013 Firestone pf A (6) tAvnrts Aug3. $58.711. Operating expenses were % 4 5 48% 4D First Nat Strs (215) t Biscuit (1.60) 48 Atlas Powder (72)_. 11% 4% Follansbee Bros (d) 50 held under expenses with an advance; 14 Atlas Task (a50¢c) . 5 32 1-‘7.03 Mar:!n:ot‘l) i ::: ;):‘\:yr;'g‘( % f $53.273. leaving a net operating in- | 26% Aubucn Auto._... R Wl o 21 % eome $5,438 higher than a year ago. 291; Austin Nichols pf A » 4 : 954 Rotte. Wicole. of 16, 5 l?z et 3::,’,‘8':;{,. i Gross was higher, interest and | 4% Aviation Corp (Del) 9 30': Fourth Nat Jal.45 2 25% Nat Distillers (2) 159 74% Unl-EN 3 Y % +1% Louxsynlle & Nashville and Continental amortization practically the same as 213 Baldwin Loco (d) 3 3 231 Freeport-Texas (1) 23 26% Nat Lead (50c) 133 125'% Und-Ell-Fish pf(7) 2 \ Can inclined to.heaviness. last year, leaving a total net income | 3 Baldwin Loco pf(d) 31%; FullerCo2dpf__.. 708 9% Nat Pwr & Lt (60c) x 19 52% 38% Union Bag&Pap (2) Bonds pushed to the front for sub- of $28.522, against $20.678 in the first | g“!d)""‘ 'Atl"-(:::d?- o Gabriel ‘fi"r"”‘ w‘\“ ‘13 Nat Ry Me L éé‘,‘- ‘L:"‘C=r(§’!;ivf5=912-4l“ \stanmx advances. Foreign gold cure half of 1935, or a gain so far in 1936 b Daltimors 9 2 remewell Co. S 5% Nat Steel t132)_—— eLnlopcioloal () | rencies ‘were lower in terms of ‘the 21 Baltimore & Oh pf. 8% Gen Am Investors 7 197 Nat Supply.Co_ _ 108t Union Pacific (6) 1 @ilac. | Cofton! was mp et of the of §7.844, Shs 2l malinione L = : 1 others___ 3 42% Gen Am Trans 13 90's Union Pacific pf (4 Potomac Power's Net Monnts: . e it S i b |day. Corn at Chicago reacted 155 82! Barker Bros pf 3 21 - Gen Asphait (h25c) r Potomac Electric Power net earn- | tomas (780c) - 20% United Aircraft | to 255 cents a bushel and wheat was Operating revenues in June this | t Tea (80c). ___ » Fenudm —y o - S ~onE e~ A0 nE Snd M S S o =15 © RS P 14'» Barnsdall Oil (80¢) 10% Gen Baking (60c) o ings’ improved substantially in June 16% Bayuk Cigars a7sc 7% Gen Bronze__ Neisner Bros (1%2) - 13 . United Air Line vte 1011 1% to 2. and in the first six months of 1936, | 2 18 RBeatrice Cream (1) : 5% Gen Cable_ __ Newberry J J (1.60) 2 ) 2414 United Bisc (1.60) . n| 2 according to the financial statemeni 134 Belding-Hem (1) 17 Gen Cable A_ Newport Industries 63 13 3% 13 « 68 “United Carbon 2.40 2 fled today with the Public Utilities Sl Bendis ASIEion () 415 Gen Flectrie (1) . N Y Airbrakeasc . 14 22% United-Carr F 11.20 = = 20 Beneficial L (71%) 2% Gen Foods (1.80) N Y Central'R R 127 5% United Corp HEAVY REPAYM ENTS Commission & Opereting meyenvey an| 5% Beth Steel 3 Gen Gas & Elec (4) Y Chicago & St L 40% United Corp pf (3) Aune totaled $1.124.765.36, an mcn“nw‘ 9 161 Beth St15% pf(1) 14 Gen G&E 6%cv pfA 350a Y Chi& St L pf_ 5 4 105 United Drug of $67.610.14, or 6.40 per cent over i 107z Bethlehe Stl pf(7) 19 GenG& Y Dock - - 8 3 2 15 United Dyew'd (al) ABE MADE T0 R. F. G. June, 1935. 23 Bigelow Sanf aj0c 1915 Gen G&E 8% pf A __ Y Investors (d) .. i 93 United Dyew pf (7) At the same time revenue deduc- I;"x Rlaw:h’noxl (quc) - ‘?gh fien M:Il:s (:l Ao NH&H (d). . | 4 United Elec Coal tae Associated Press. d 3.- 77% Bluméenthal p! 207, 12 Gen Mills pf () __ 32%4 United Eng&F 712 NEW YORK, July 24.—The im- Lot il e ol b 7’159 st 167 Boeing Airplane 27. s Gen Motors (12) Y Shipbuilding . 6615 United Fruit (3) : B.58 ver th th 44 Bohn Alum&Br (3). 3 47 4 118 Gen Motors pf (3) _ Y Shipbldg pf __. 20s 3 3 Tl 14% United Gas Imp (1) proved status of business is reflected .58 per cent over the same mon 80% Bon Ami A (4) P 5% Gen Outdoors Adv Y Steam pf (6) 30s 99 99 9 2 61 United Paperb'd(d) in the large repayments currently being fast vear, leaving a net operating in- 39 Bon Ami (B) (2%2)._ 18% Gen Outdoor Adv A 1081 9313 N Y Steam 1st (7). 500: 10 U S Distributing pf | made to the Reconstruction Finance rome of $431,157.31, a gain of $30, 25% Borden Co (1.60)_ _ 38 Gen Print Ink (¥2) | 300 210 Norfolk & W' (i%) 2 2 13 U S & For'n Secur. + ,.‘ Corp A heavy lender 1o cor ti g = : = | 3 : Sotr e i rporations 931.43, or 7.73 per cent. 64 Borz-Warner (3) 214 Gen Pub Service 103 t 11 : 241 U S Freight (1) la few years ago when things looked Deductions from gross were $4.558.32 | %2 6 Bosion & Maine. g 3215 Gen Ry Signal (1) > 61 3 801z U S Gypsum (2) 2 99 .- more than in June a year ago, leaving | 187 121 Bridgep't Brass 40c 5% 15 y 2 Gen Realty & Util 2% North Am Copf (3) 1 169% 160 Gypsum pf (7) black—loans for the fiscal year 1933 S Thia) il iacne A Tie Thiclveas « Briggs Mfg (12) i 2 2615 Gen Real&U pf ww » Northern Pacific 96 : 16 Hoffman were more than one billion dollars— me is y¢ Q 472 Brigas & Strat (3) 2 33% Gen Refrac (1) 50's Northwest Tel (3) 140s 2 Hoff rts Aug3 Y3 2 & | the receipts of this agency have far f -$341.713.60 in comparison with 4 41 Bristol Myers (72) 3215 Gen Stl Casting pf 2 Norwalk Tire&Rub Ind Alcohol (1) 15 3. 33 — '+ outstripped expenditures in 10 of the ::17 711 :: 1"{ -;l.::\%mlg?:i a 51351;1 for | 40% Bklyn-Man Tr (3) 17 Gen Theatre Equip 1214 Ohio Oil (50¢) Leather vte , last 12 months. e month of or per | 97% Bklyn-Man T pf (6) 30% Gen Time Invest $608 Ottver Varve Kabil . y eent. 2 44!y Bklyn Un'Gas (3) 13% Gillette Saf Raz (1) 17 Omnibus Corp vic - 3 a 9 A comparison of R. F. C. expendi- 3 50 Brown Shoe (3) eim Coll 16% 'S Rubber __ __ ; — s, | tures follows: Substantial Half-Year Gains. | 814 Brunswick-Balke o e 47 U S Rubber 1st pf _ — " June ©$72,023.193 The Potomac Electric Power Co.’s | 874 Bucyrus-Erie_ > 20% 12'% Otis Steel . _ 26 16% % 16% 17 S Sm & Ref (a8)_ June, « 10.064.085 pperating Tevenues for the first half | 1313 Bucyrus-Erie cvpf_ Glidden Co ¢ 164 128 Owens-111 Glass (3) +3Y Bteel______.. = % | Itenal w 4998 799, of 1936 amounted to $6993.96154, a 3 Glidden vl (412 | 1% 13 Pac Am Fish(azse) Steel pf (2) — 7| Fiscal year 1938 S gain of $451.003.18, or nearly 7 per | 3% Gobel (Adolf) R ‘,:ixhc"‘l‘&,.“',,) 12 United Stores (4) _ 5 s — 1, | Fiscal year 1934 584,623,017 eent over last vear. Revenue deduc- | et ol 3 | 381 47h Pacifc Lig (2.40) 6 VR TSt mre s 308 10 S e i tions for operating expenses took $4.- | 203, Bullard Co (a25¢) - 37n 138 Goodrich (B ¥) Y bt 130 118 Pacific Tel&Tel (6). 508 Vniv Pict 15t pt Y — A DR 24498514, & rise of $HBIB005. or | 33 111 Farlors Waten : T8 Gooarich (R F) of Tl Pacine won Gl ngse 8 Univpen e NEW YORK COTTON B.17 per cent. leaving a net operating 5 Burr Ad Mchi(i60c) 218 Goodyear T & R B S Acic Y U : U'niv P&R pf (d) OR c 0 ncome of $2.748.976.40, a gain over : : . 87 Goodvear $7 pf (4) Packard Mot(azsc). 111 V't Pwe & LE (A) = : fast year of $242.243.13. or 9.66 per s Butte Copper&Zine 12 /15 Gotham Silk Hose i Vadsce Sales Corp 3 o 1. | BT 1he Associated Press. eent. 25% 16 By ;: ::; . i Paranionnt Plat :jarafl;-lwl‘n;,:: 8 3 3 NEW YORK. July 24—The atten- Non-operating income was $15.000 2 Byron fachlasntl % Paramount 18t pf ‘A;\;r“‘_h:' A 5 43 + ' tion of the cotton market today cen- fower than last year. Deductions | e Dt 16 Grand Un pf Paramonnt P 2d pf b Sl St oo = 3 .. | tered on the final evening up of the from gross for interest and dividends o - B 25 Granite City Stl (1) ::fl':“?;“h”o”‘ g Va El-& Pwrpf (6) 260s 11 ‘ 3 * current July delivery and after trad- required $598.942.23, up $37.621.36, of | 13 G Calumer&Hec a25e o 12 2815 Grant (W T) (1.40) Park Uta o= B 23, Wabash () Pl ing in that position ended at middav ®.70 per cent. 30 Campbell Wy (1) 3214 Grt Northern bl L = “ : 5 Wabashpf A (d) .. _ ., | business was comparatively quiet, This left a net income for the first 10% Canada Dry G A ;f b s e G 6% Pathe Film Corp. Waldorf Sys (Roc) with fluctuations narrow. October, half of 1936 of $2.205357.67, which | 1074 Canadian Pacific___ B e : o 10% Patino Mines . - | 34 80 Walgreen Co (2)_ | after selling up to 12.44 on the clos- s A ‘gain of $189,898.13, or 9.41 per| 43': 37 Cannon Mills (2) 22 Green (HL)Co(i1) 0 7 | s Peerless Motor 20 2 b 27 ‘v’:,_-:k" f:[*-* ‘mg firmness of July, was ruling cent, over the first six months of DG Caplaliddmin ). 5014 Green Bay & W (3) 9 Penney (J C) (i3) A 7 | around 1239 in the mid-afternoon 1935 This is an excellent record i s s 48% Greyhound C'p 3.20 S BT o) & GoKe 214 Ward Baking B___ Ze4 7 % market. Active months generally and reflects the steady increase in | 9214 Case (J 1) Co 9% Guif Moblle & N 28% Penn Dixie C pf A 475 Ward Baking pf(3) . | showed net advances of about 7 *0 10 demand for electricity which has | 543 Caterpillar Trac(2) 28% Gulf States Steel 281, Penn Railroad (a1). 9% Warner Bros Pict i 100 | points. been noted in the Capital every montn | 32 21% Celanese Corp(50c) u, """‘)‘"“'" &‘v,fll‘;"’” 30 Peoples Drug (1) 44 Warner Bros pic pf. 52 | " Putures closed steady, 6 to & 80 far during the present year. 19 Celotex Corp - ?21- E*‘;C:‘:" M““m‘“) 4 38 Peoples Gas Chi- 15 Warner-Quin (d)_ . | higher. October, 12.36; Decembsr, $30,000,000 Bond I 54 Celotex Corp pf. PR AL 5 25% Pere Marquette 4% Warren Bros. 12.28; January, 12.29; March, 12.28a = L 25% Cent Aguire (11%2). 9RN 155 Hiny s Eady . fostih 56 " Pere Marquetie pf - 21 Warren Fdry&P(1). 12.29° May, 12.27. Spot steady; mid- The New York Edison Co. $30,000.- | 58 47% Cerro de Pasco (4)- 133 107% Hazel Atlas Gl (5) 109% — %4 19% Waukesha M(f60c) RaMe I - 2515 Hercules Motor (1) 3 1 4 > ; TR S s Pow (5) 2 -1 3 <] = s et ta % 1321 121 Phelps Dodge a50c 4 9% West Pa Elec A (7) 80 70 Hershey Choc (3)- 681 —1 8% Phila Rap Tr pt (d) sEs “::: P- E:‘ec o: (8) 447% 30% Holland Furnace 14 39 + % E 1% Phila & Read C & I e it = ec ot 42: i 1075 107% 112% 108 Holland Furn pf(5) 30s 1 41 66 Phillip Morris (1) LA us,; bkl a Pwr pf (6) 15 115 18% 9 Hollander&Son 50c 28 18% +1 7% Phillips Jones 1;;‘4 g w& Pa Pwr pf (7) 120 120 37 19% Holly Sugar (2) . . 24 36% +1% 38% Phillips Petrol (1) 2% 8% Weatern xglryland. 915 | 544 414 Homestake (112) 1 —an% 8 Pierce Oil pf 3 y , 2, Western Pacifle 2 39% Houd-Hersh A(2%) 4 401 — %, | 2% 1% Plerce Petroleum_ 25 Western Pacific pt ! 221, Houd-Hersh B(1%) 17 273 26% — 3 30% Pillsbury F1 (1.60) S0 Westeh'or & (a2) - 9% 88% 88% 54% House Fin A (13) .. 6 69 + 1 T Pitts Coal . -‘w4 we- 3 s‘eAfltli_ 5 ip,. 6% Houston Ofl vte 915 — 1 35% Pitts Coal pf _ 91, 15415 Westingh'se EI (4) 4 133% 133% 48% Howe Sound (13) _. Tia Pitts Screw&B 50c_ 13 0 15 West'g’se 1st pf 375 9% 148" 14912 2 225 Weston El 1 (a25c) 1 28 n pf 49 Pitts Steelpf __ ’ 1 ; 12:’; flx:;z: ‘;‘,:::r s 3 Pitts United Corp 19% Westvaco Chl (10¢) | 25% 1 Hupp Motors 58% Pitts United C pf__ i “‘a xhedins Steel____ Efi" 18% Illinois Central 21 Pitts&Wva ___ I 19% White Motor.__ 3% 22% 30 1llinois Cent pf (A) 11% Plymouth O3l (1) 6 i 140) 154 58 111 Cent Ise lines (4) 20 Pond Creek Poc (2). cox Oil & Gas 3% = . : 12 Poor&Co (B) . 6% Wilson & Co (50c)... A T FOREIGN EXCHANGES. 4 Inana St ) 414 Porto R Am Tob A _ 44% Woolworth (2.40) 525 6% Postal Tel&C pf (d) 23% Worthington Pump. 3 " 29% y (Reported by W. B. Hibbs & Co.) g-,.': ll::ps";.r‘digncfiof Toe 2% Pressed Stl Car (d) 56 Worth Pump pf A 3 Nominal 1156 Interboro R T (d). 18 Pressed Stl C pf (d) e tmECE 348665 9% Interlake Iron 40% Proct & Gam (1%)- % Wright Aero.. . 10s 2 a 39 PubSve N J (2.40) . 66 Wrigley Wir (i3)_. 5 Only one small lot changed hands,| 113 84 Coca-Cola (2) o 2;33::"':;; 113 103% Pub Sve N J pt (5)_ 33% Yale & Towne (60c). 3 but that was at 17%. -The market 65% Loca Coln K1) L “| 185% 160 Int Bus Mach (16) 51% 36% Pullman Inc (1%) o Yellow Truck 6 Koo ik § TERT Sand SIS Miasked 39 Coliins @ Atk r:gc)) 524 35% Int Cement (1%) - s R T = e ¥§3§}'§'§°§v‘1’:’f 103 against an asked price of only 17% 8% Colonial Beacon . 90% 56% Int Harvester(1.20) T o e s i 41% Younse'in SheetdT. 70 Eivesseniays close. 9% 3% Colo Fuel & Ir (4). 160% e L e aoiie A u% 9% R:dl:’corp.r g 11% Zenith Radio.___. 37 EasDiuston SCnais erics B Ran R M) 4% Int Mercantile Mar_ 8 684 Radio Corp 9% 5% Zonite Products_. 52 Gope . peared on the board today at 100% C -~ Approximate Sales of Stocks on the N. Y. Smk Exchn:e. Stockholm, " 350 59 434 Int Nickel Can 120 9% 5 Radlo-Kelth-Or (4) £ o s_?:fl sgée. g:ger bo‘r:cl;1 were R T 7% 3% Int Paper & Pw (A) 11 RRSecillCent__. 11:00 AM 370,000 1200 Noon. 580,000 | Montreal. 1-32% diséount. quiet. e bid on way ectric X 28% Raybestos-M (133)- a 000 2:00 P.M. 771,000,000 — 4 Columb G&E (a20 164 2% Int Paper & Pw (B) 810, <04 ,000, i = common stock has been raised from S o 20% : 4 35% Reading (2) : “01G & EpfA (6). i 3% 1% Int Paper & Pw (C) AL Total Sales for the day, 1,320,000 v : $575 a share to $600 a share. o Gl G &1 ot B 1208 96" g8 e 41% 20% Int Paper & Pw pf - S ann Q) - Dividend rates ag siven In the sbove table are the anpusl cash HETAI- MARKETS! 31 Colum Pict vte (11) 1118 130" Tt Print Ink pf(6). 2508 111 % Real Silk Hosfery__ B e s Tatest Gy terDy oF Bait- vl Frpgi At Financial District Notes, Col 208 39% m“m,m,"“,,,';,:,d, 2Fald. toie year, | steady: umm{:m mth.rng' futiire. 9.7 bt ments d on than 1 es. 1 A!l ll rate—not & 19% Int Rwy Cent A pf.. 1% Reis (Robt) .______ = s Unit of mam less Bonus bonds redeemed in cash for S50 Colum Carbatolts) 23 IntSalt (1%) 12% Reis (Robt) 1st pf o T ,connmlu I e 3885 2l “East 8t. d veterans reached $1,087,000,000 on | 106u 100% Gomel Credit pf 4%. . 20 B v UG- SepAN e v el | steac: . 4-60885: Bast 8L July 21, compared with $1,079,000,000 | "82% 55 Comcl Inv Tr 3.60_ 9% 80 . .m " and fuf 0. Wolframites | 000 issue of first lien and refunding| 191, 8% Certain-teed Prod _ mortgage 3's bonds, series E, was; 102% 80% Certain-teed 7% pf_ placed on the market today by Mor- | 104% 101 Champ Paper pf(§) gan Stanley & Co. and a group of | 5% 59 Chesapeake Corp(3) underwriters. The bonds are priced| 9% 5! (‘,hes&‘Ohln (2.80) 8t 102 and accrued interest. The Dro- | e 3ot o & past 11 oFtd) ceeds are to be applied to the redemp- 25: 1% Chi Grt West () tion on Qctober 1, 1936, at 105 and 4 ChiGrt Wpf(d). . accrued interest of the company's 253% Chi Mail Ord(f1%) series A bonds and for other purposes. 1% Chi Mil St P&P (d) ‘The new bonds are due April 1, 1966. 2% Chi M St P&P pf (d) Associated with Morgan Stanley & e T Co.. Inc., as subunderwriters are Kuhn A2 ChilBoemufic licol ; i > 40% Chi Pneu Tool pf Loeb & Co.; Blyth & Co., Inc.; Brown 3% Chi RI&P 6% pf "d) Harriman & Co., Inc.; Lazard Freres 19% Chi Yellow Cab (2)_ & Co., Inc.; First Boston Corp., Ed- 20 Chickasha CO (2). ward B. Smith & Co., Bonbright & % 7 Childs Co - ©o., Inc.; Lehman Bros. and Clark 85% Chrysler Corp (6) - Dodge & Co. 15% City Ice & Fuel (2) Transit Stock Holds New Peak, | GGy loctnoties) Capital Transit stock again sold at 23% Clark Equip (80¢) . the new high for the year o the 33 Clev Graph Br (1) Washington Stock Exchange today. 48 Cluett Peabody (1). 11 1++4 Futures closed steady. 6-% hisher October 244 8. May 13 Spot steady: middling. 13.16. llvunol Qloulluh LIVERPOOL, ).—Cotton, 115000 Batea.” inchiding “A.500 Amepican. Spot in fair demand; prices 3 points lower Quotations in pence; American strict good = 191N A+ 9 the preceding day. The Treasury | 123 110% Comcll T cv pf (6). Tel. CHICAGO LIVE STOCK beef in the cattle rum. prices were gen- | A substantial advance was reported in . 14.35a50. Iron. aluminum. aptimony, gu;meed ;;m dmfl:umn on bonus | 24% 14 Comel Solv (80¢) - e EE F B e '-‘nw::':. e sren mfi_ yere up ano 1n dickaiber ana e unchangtd. nds was 93 per cent completed, and % 82 Int Dept Strs pi s ceipts were about in line with trade I otien a—e Svadx: 50" cents per hundredweight for" cholcs . that about 61 per cent of the total | 82, 59% Comw & Soupt (3)- 2 i lmbe ol shendy D Sholos K| cuis todus. taking the top to 323 Bisl| New Haven Clock Co—Declared & 241 Island Creek (2) 2% -N(1.60 fairly broad demand. The early “were flufl‘fid highe: ith the veterans claims had been redeemed | 33u 38 g:,,“;:::‘;'s,,‘",,,f 58% Jewel Tea (14)_ 1 83% 83% 83% — %/ strengtn tron mon Sight ghE ects wis 33an T o oer t $5.50 o | dividend of $1.62'; on 6% per cent el itive laml at $8.5 4 Sll 50 The ldvlneo ‘was on the bfl- : in cash, 10 ConnR&L ... 88 Johms-Manville (2) 2112 112 112 + % §3%0. e’ SRR Disabls Aagutiy: s . Iok 8 ConsolCigar " iU L T . o 1t | et Hm e o meat s hara o tel 454 1 n,."fm siock | “Whaietale ity of fresh pork have ud: | payment covered dividend due Febru- Air Reduction Co, Inc.—Common 38 ggfi ‘éfiiflflg;’r\? (1‘),. 4 - % 13 Kans City Southern 86 23% lower. The e witn “yes | weak. but faver: .,J' ther has | this “week. Whoiesale cuts' of “h”“fl n lz'x 1934; giving efl:ct 13, ‘:hls *::7 £hare earnings, six months ended| 109 102 Consol Ed NY pf(5) uosx msu 106% — % 40 19% Kans City South pf . et . oy i, | STRAT, O 16 40% - - brousht & bet - rted fresh June 30, were $1.32, against $1. T% 4% Consol Film .. 2 4% 4% 4% - 23% 17 KeufmanDepS(1) 3 28% iaan "‘_P,'W",‘,m'..’:::‘m“%"‘m‘“n" Teat prices were tending wpward, amounted to $16.25 & share. N : ¥ : ‘ A