Evening Star Newspaper, August 21, 1936, Page 16

A—16 skkxx INSURANCE SALES TRANSACTIONS ON THE NEW Y UP SHARPLY HERE Climb 15 Per Cent Above July, 1935—U. S. Gain Much Smaller. BY DONALD B. HADLEY. ‘Washington life insurance firms had their inning during July after experi- encing a decline in new business for June, according to the Life Insurance Sales Research Bureau of Hartford, Conn. The Capital’s July sales climbed to $5,333,000 compared with $4,791,000 in June and represented a gain of 15 per cent over the July, 1935, total The national average in July was only 8 per cent above the 1935 month. For the first seven months of this year, Washington policies were 2 per cent above the previous year’s figures compared with a national decline of 8 per cent. For the last 12 months, the total here was 11 per cent above the previous 12 months. This com- pared with a national drop of 4 per cent in the same period. ‘Washington’s July and seven month’s gains compared as follows with other cities: I i July 7 mths. n n —9 =i —1 — el -1 . —4 Nearby Gains Narrowed. Insurance business in nearby States eontinue to show gains over a year ®go, but in some cases the margin has narrowed. In July, Maryland sales reached $6,987,000, or a gain of 1 per cent over July last year, but suffered a setback of 4 per cent in the seven months compared with a year ago. The State's 12 months’ total was 4 per cent below the previous 312 months. Virginia’s July total was 12 per eent above a year ago, while the seven months figure was down 5 per cent and the 12 months figures was 4 per cent down. In West Virginia, the $4,628,000 July sales were 22 per cent above a year ago, the seven months total was down 4 per cent, while volume for the last 12 months equaled that of the previous period. The North Carolina July total of 186,532,000 was 3 per cent above a year ego, the seven months figure was cown 7 per cent, while the 12 months yolume was off 5 per cent. The July total for South Carolina was $2,973,000 or 24 per cent above the 1935 month. The seven months total was 2 per cent lower, but the 12 months figure was 1 per cent above the previous level. ‘The entire South Atlantic area, which also includes Delaware, Georgia and Florida showed a July gain of 8 per cent, but a seven months’ decline of 4 per cent from a year ago. The 42 months’ total was 2 per cent lower. Broderick on A. L. B. Program. J. A. Broderick, one of the governors of the Federal Reserve Board, is to take part in the Nation-wide radid gommencement program sponsored, Beptember 9, by the American Institute of Banking, it is revealed here. His subject will be “Adult Education ia Banking.” Starting in 1933, the institute each year has been given, through the courtesy of the National Broadcasting Co., one-half hour of time and a coast- to-coast hook-up for the purpose of holding simultaneous commencement exercises in all of the 200 odd chapteis In the country. In 1933 the speaker was Newton D. Baker; in 1934, H. T. F. O'Connor delivered the commencement address; last year, the speaker was Dr. Rufus B. Kleinschmid, president of the Uni- wersity of California. Dr. Harold Stonier, national educa- tion director, will introduce Gov. Broderick for this year's exercises at 10:30 p.m., Eastern standard time. Women to Be Insured. Decision has been reached by the Acacia Mutual Life Insurance Co. to tnsure women from the ages of 16 to B0 years. Announcement of this important step in the progress of the company was made today by Willlam Mont- gomery, president of Acacia. “Extension of the benefits of Acacia ooverage to women comes as a direct result of a large and steadily growing volume of requests for such action, and is a natural move in the sound and steady development of the com- pany,” Mr. Montgomery said. Says Europe Is Inferno. Dr. Max Winkler, consulting econ- omist of Independence Fund of North America, Inc., returned today from an extensixe European tour and said that Europe, and especially the continent, remind the observer of that people depicted so well by Dante in his Inferno; a people silent and weep- ing who can look only backward be- cause to look forward is denied them. “National antagonisms, racial hatreds and political animosities have been increasing steadily since the war end are responsible today for the financial and spiritual bankruptcy of the continent. “Whatever business activity there exists in Europe today is attributable chiefly to excessive spending, largely for non-productive purposes. Al- though an impoverished Europe can 11 afford such extravagance, currency manipulations, the piling up of an internal indebtedness, barter arrange- FINANCIAL. Private Wire Direct Prev. 1936 M and High. Low. % 42 Abr & Straus (1.80) 110% Abr & Straus pf (7). Ac 1 Co (13). 9% Adal p (a20¢). 17% Adams Millis(a76c) 224 Address'graph(60c) 58 Air Reduction (11). 2 Air-Way Elec Appli 13 Alaska Jun (160c).. 2% Alleg Corp (d) .. 12% Alleg pf w$30w (d). 12% Alleg pf wS40w (d). 12% Alleg pf xW (d) e 27 Alleg pr pf () —eaee 9% 26% Alleg Steel (11).... 245 157 Allied Chem (6)___. 28% 13% 84 59% 28% 35% Allis-Chalmers (1). 19% Alpha Port Cmt (1). 213 Amal Leather ____. 75 Amerada Corp (2)_. 49 Am Ag Chm Del(3). 37 Am Bank Note (1)_. 40 Am Brake Shoe 1.60 115% Am Can (t4). 30 Am Car & Foundry. 57% Am Car & Fdry pf.. 31 AmChain___ 87% Am Chicle (4).. Tl Am Colortype..._.. 201 Am Comel Alcohol.. 16% Am Crystal Sugar.. 3% Am Encaustic. ... 9% Am European Sec__. 615 Am & Foreign Pwr_ 29% Am & For Pw $7 pf. 12 Am & For Pw 2d pf. 13 Am Hawailan (1)... 5% Am Hide & Leather. 37 Am Home Pr (2.40). 17% Am Ice pf (2)- 9% Am Internatio: 2314 Am Locomotive. 5% 125% 63% 56% 58 137% 444 867 59% 102 13% 325 3% 5 14% 9%, 43% 10 Am Mch&Met a25c. 27 Am Metal - 35% Am News(NY) T% Am Power & thht- 36% Am P&L $5 pf(2%). 43 Am P&L $6 pf (3) . 18% Am Radiator(al5c). 23% Am Rolling M(1.20) 89% Am Safety Raz (6)- 18 AmSeating__.____. 56% Am Smelt&Ref (2)- 57% Am Snuff (13) .____. 20% Am Steel Foundry.. 26 Am Stores (2) - w. 48% Am Sugar (2) .. 14172 129 Am Sugar pf (7) - 26% 20% Am Sumatra Tob t1 178 149 Am Tel & Teleg (9). 102'% 87 Am Tobacco (5)-_-. 104 8814 Am Tobacco B (5)_. 150 136 Am Tobacco pf (6) - 13 8% Am Type Found 19 Am Wat Wks a20c. 73% Am Woolen 543 Am Woolen pf(13)_ 3 Am Writ Paper (d). 4% Am Writ Pap pf (d) 3% Am Zinc & Lead. 28 Anaconda (a50c) 35 Anaconda Wire( 15'% Anchor Cap (60¢c). Archer-Dan 66% Arm'r(Ill)pr pf (8). 47% Armstrong C (1% ). Tis Arnold Const (50¢). 813 Artloom Corp - 12% Asso Dry Goods. ... 109% 103 Asso DG 1st pf 19._. 8813 59 Atch To& S Fea2_ 106% 90% Atch To&S Fe pf(5) 35% 21% Atlantic Coast Line 25 11 AtlGulf& W Ind.. 351 26% Atlantic Ref (1) 126% 112 Atlas Powder of (6) 30% 14 Atlas Task (a50c).. 54'% 26% Auburn Auto 10%s 5% Austin Nichol 4612 29% Austin Nichols DfA 7% 4% Aviation Corp (Del) 6% 2! Baldwin Loco (d) - 54% 29' Baldwin Loco pf(d) 3% 2% Baldwin Loasd(d). 15°» Baltimore & Ohio__. 21 Baltimore & Oh pf_. 417 Bang & Aroos (2%) 13% Barker Brothers __ 14% Barnsdall Ofl (80¢) 16% Bayuk Cigarsa7ic_ 4110 Bayuk C1stpf (7)_. 18 Beatrice Cream (1) 85 Beech-Nut P (13)__ 13% Belding-Hem (1)__. 83 Belg N R ptpf(4%) 21% Bendix Aviat'n (al) 20 Beneficial L (t11%). 48 Best & Co (12) 45% Beth Steel . 19% 161 Beth St15% - 122% 107% Bethlehe Stl pf(7).. 48 23 Bigelow-San (1) 20% 14% Blaw-Knox (40¢)._ 24% 18% Bloomingdale (40c) 113 109% Bloomingdale pf(7) 99 77% Blumenthal pf 31% 16% Boeing Airplan: 63 44 Bohn Alum&Br (. 45 39 Bon Ami (B) (Z%). 32% 25% Borden Co (1.60)... 831 64 Borg-Warner (3) _. 187 12% Bridgep't Brass 40c. 6474 43% Briggs Mfg (12) _. 69 4T% Briggs & Strat (3).. 50% 41 Bristol Myers (t2). 40Y% Bklyn-Man Tr (3)_. 4% Bklyn & Queens__.. 44% Bklyn Un Gas (3) - 49% Brown Shoe (3) .- 814 Brunswick-Balke_.. 8% Bucyrus-Erie _ 9% Budd (EG) Mfg___ 1 Budd 2d pd._Oct 16 20% Bullard Co (a25¢). 11% Bulova Watch._ . 25 Burr Ad Mch(160¢c). 8% Bush Term deb (d). 14% Bush Term B pf cod 2% Butte Copper&Zine. 161 Byers (A M) 54% Byers (A M) 22 Byron Jackson t1_.. 30% California Pkg(1%) 5 Callahan Zinc 6 Cal & Hecla (a50c) 30 Campbell Wy (+1)_ 10% Canada Dry e 107% Canadian Pacific.... 37 Cannon Mills (2)._. 12% Cap Adm (A 91 Car Clin&O - 6% Carriers & Gen 20c.. 921 Case (J I) Co 54% Caterpillar Trac(2) 21% Celanese Corp ablc. 58 47% Cerro de Pasco w- 8% Certain-teed Prod_. 80% Certain-teed 7% Df- 59 Chesapeake Corp(3) 51 Ches & Ohio (2.80). 1% Chi & East 111 (d)__. 2% Chi & East Ill pf(d) 4 ChiGrt Wpf (d).. 6 Chi Ind&Lou pf (4 25% Chi Mail Ord(t13%). 27 Chi M St P&P bt (4) 2% Chi&ENW () ... ments, & system of blocked exchanges and numerous other devices are being employed successfully to postpone the tnevitable.” Bonus Cashing Slackening. The American Banker reports there has been a steady slackening in the cashing of the bonus bonds, Treasury figures reveal. The total amount cashed up to August 15 amounted to $1,176,496,050. It is estimated that, as of August 10, approximately 66 per cent of the total of bonus bonds issued had been redeemed and approximately 34 per cent were being retained by the vet- erans. The Treasury Department publishes, &s a part of Treasury Decisions, issue of August 13, 1936, regulations under section 14, relating to surtax on un- distributed profits of corporations; sections 26 and 27, relating to credits of corporations, and section 115, relat- at the Hamilton National Bank, is away for a two-week vacation. He plans to spend part of the time at ‘Woodbury Forrest, Va. Notice was received from the Rich- mnndm-rvamkmumommgol & $50,000,000 offering of Treasury bills dated August 26, 1936, and maturing May 26, 1937. mmmmanp t0 2 p.m. Monday, August 24, 6% Chi & N W pf (d)_. 12% Chi Pneumatic Tool 40% Chi Pneu Tool pf.. . 3% Chi R 1&P 7% pf(d) 20 Chickasha CO (2).. 7 Childs Co o S 85% Chrysler (a6% ). 15% City Ice & Fuel (2)_ 86% 72% City Ice&F pf (6%) 4% City Stores 23% Clark Equip (1.20)_ 33 Clev Graph Br (t1). 48 Cluett Peabody (1). 84 Coca-Cola (2)... 13 Colx t»P-P (loc).. 56% 39% Afk 12 112 107% Colltnl b Alk pf (7) 8% Colonial Beacon._.. 3% Colo Fuel & Ir (d) . 24 ColoF&1pf(d)... 21% Colo & Southern... 19% Colo & South 1st pf. 16 Colo & South 2d pf_. 14 Columb G&B (a20¢) 31 Colum Pict vto (1) 42% Colum Plocvpf 3. Comel 1'! 100“ Comcl Credit pf 4%. 55 Comcl Invst Tr (4)_ 123 110% Comel 1 T ev pf (6) THE EVENING STAR, WASHINGTON, D. C, FRIDAY, [ORK ST lvidend Rate. Add W. mn:. Dividend Rate. Add 00. High. Low, Close. Chge. 180s 58 57 57% +3 108 110% 110% 110% 2 656% 66% 65W — X% 12% 12% — % 195 19% + 3% 25% 3 13% 19% 25% + W 78 —2% 4. -3 13% = % 31 — % 36% —1% 3 -3 36 -2 37% -1 3% 33% —1% !6 227 220 220 —10% 24% 24% 24% — % 12% — % 80 -1 52% —2% 25% — % 2% 92 -5 55% +1% 3% — % 55% —1% 13 120% 119% 120 - % 39 39 -3 82% 82% —-1% 54% 56 —2% 99 99 -1 9% —1 25% —1% 28 -1% 4 18% -1 6% — % 331 — 3 4% — % 5% 6 137w 139% J1vs 238% 28% 1% 170 170% ~3% 98%, 98% —1% 1001 1001 — 35 148 11% ~ % 24 -1n 814 — & 60% —1% % 6 3% 36l 611 1T 11 3% 39 5 76 481 -1 12— % 14% — 1 % 1% — & % 105% —1% 6 76 -4 102% 29 24 -1% 1 9% — 274 —1% 36 —1% 26% —1 12% — % 16% 4% - % 20 -1% 64 —1% 28 -1 40% -1 1% — % 11% — % 4% — % % - % 1% - % “ -1 % 16% — % 102 +1 T Th— % 146 1473-104 v 75% 764 —1 26% 26% —1% 29 1 28% - 1% TTHh =% 51 -1% 9 —-¥% M% —1 6% — % 32% -1 85% 2 56% —2 9 11596 llflfi 114% —1% 19 13% 13% 13% — % 16 51% 48 48 —4 100s 110 110 110 + % 20s Iflfi 2% 27% — % 5% 5 1608 l?% 26 ~-1% 10s 28% 28% — % 208 28 28 10s 28% 28% —1% 185 20% 20 -1 11 39 37% —1% % 46% — % 6125 123 128 -3% 9 18 MN% % -1% 2 105% 106% 105% —fl 27 79% TT% TT% — 1119 119 119 —I% 3 116 H. 116 6% 16% 16% 20. 55 5 48 2 32% 3 86% 2885882 Prev. High, 109 1038 Low. vma 102 Consol Ed NY wt(l) T4 4% Consol Film ... e 20% 15% 15% 106% 11% 1% 4% 20% 26% 18% 167% 9% 185 166 87 10% lls 15% 5 17% 27% 19 15% 40% 18% 54% 49 26Y% 12% 5% 58 3% 49% 113% 334 105% 48% 45 1% 4T 1113 38% 127 39% % 35% 135 122 11% 21% 41% 16% 9 3“ llD 44% !lS 37% 114 Cons Film pf (31 113 Consol Oil (60C) ... 101 Consol Oil pf (5) .. 6% ConsolR R Cuba pt..’ % Consol Textile (d)._. 2 Cons Coal (Del)vto. 12% Cons C (Del) pf vts. 16% Container Corp (1), 10% Contl Baking (A)... 1% Contl Baking (B)__. 67% Contl Baking of (4) 67% Contl Can (3) ... 17% Contl Dia Fibre(2). 35% Contl Insur (11.20). 2% Contl Motors.._... 284 Contl Ofl of Del (1). 27 Contl Steel (3)..... 55% Corn Ex BK&TT (3). 64% Corn Prod Ref (3)_. 4 CotyIne. ... 35 Cream of Wh (2)... 15% Crosley Rad (a50¢). 43% Crown C &S (2) . 46% Crwn C&S pf ww 2% 7% Crown Zelleb’k vic. 28 Crucible Steel __. 95% Crucible Stl pf (32 1% Cuba Co. 6 Cuban-Am Sugar-.. 68 Cuban Am Sug pf... 351 Cudahy Pkg (2%5).. 16% Curtis Publishing.. 99% Curtis Pub pf (7)... 4 Curtiss Wright..__. 10% Curtiss Wright (A). 43% Cutler-Hammer t1. 7% Davega !'!:tou- 130e. 27 Deere & Co pf $1.40. 19% Deisel-Wem-G t50c. 36% Delaware & Hudson 14% Del Lack & West.___ 4% Den&Rio GW pf (d) 38 Dia Match pf t1% 18% Dist Corp Seag Lit 41% Dome Mines (12) 7% Dominion Stores.... 50% Douglass Afrcraft.. 29 D r A (bl133) . u Dresser Mfg B % Dunhill Internatl__. lflh Duplan Silk (1) - 133 Du Pontde N 13. 5% Eastern Roll um-- 156 Ea: = 152 Eastman Kod pf(6). 281 Eaton Mfg (2) .—cee 5% Eitington-Schild ___ 30% Elec AutoL 11.20__ 10 Electric Boat 5% Elec&Mus In(b24c). 291 Elec Pw & Lt $6 pf_ 323, Elec Pw & Lt $7 pf_ 42% Elec Stor Bat (12)_ 110 Endicott-J pf (5)__. T4 Eng Public Service. 234 Evans Products (l) 815 Fairbanks Co 34% Fairbanks Mo: 31% Fajardo Sugar @) 18% Federal Lt & Tr: 7% Federal Mot Tr 40c. 3 Fed Screw Works__. 215 Fed Water Sve (A). 20% Fed'd Dept St a1% - 38 Fid Phoe F'1 (11.20) 110 Filene's S pf (633)_. 247 Firestone T&R 1.20. 1004 Firestone pf A (6)_ 40 First Nat Strs (2%) 32% Flintkote Co (1) . 414 Follansbee Bros (d) 32 Food Machine (1)_. 107% Food Mach pf(4%). 2414 Foster-Wheeler____ 95% Foster-Wheeler pf 30% Fourth Nat Ial.45. 63 Frank Sim pf (7). 2314 Freeport-Texas (1) 11813 Freeport-Tex pf(6). 47% Fuller Co pr pfo.... 31% Fuller Co 2d pfo.. 3% Gabriel Co (A)-.. 11% Gamewell Co.. 81 Gen Am Inves! 42% Gen Am Trans 1% 21 Gen Asphalt (b25c). 10% Gen Baking ((05).. 341 Gen Electric (1) 33% Gen Foods (1.80) _ 7 Gen Gas & Elec (A 14 Gen G&E 6%cv pfA 58 Gen Mills (3) 53% Gen Motors (12) . 118 Gen Motors pf (5) . 5% Gen Qutdoors Adv_. 18% Gen Outdoor Adv A. 3% Gen Pub Service_._. 3214 Gen Ry Signal (1) 2 Gen Realty & Util__ 261% Gen Real&U pf ww.. 33% Gen Refrac (1)..... 3215 Gen St Casting pf_. 17 Gen Theatre Equip. 304 Gen Time Instr'm’t 13% Gillette Saf Raz (1) %4 Gillette SR pf (5).. €% Gimbel Bros 69 Gimbel Bros pf(az). 39%; Glidden Co (2) 521 Gildden cv pf(2%)- 3% Gobel (Adolf) 67 Goebel Brew (t20c) 12% Gold Dust vte (60c) 77 Goth Silk H pf (7)-. 2 Graham-Paige.. ... 1% Granby (24 stpd) .. 3% Grand Union ctfs__. 24% Granite City Stl (1). 2815 Grant (W T) (1.40). 32% Grt Northern pf.._. 16 Grt North’n Ore (1) 81 Grt West Sug (2.40) 22 Green (H L)Co(+1). 48% Greyhound C'p 3.20. 1% Guantanamo Sugar. 24 Guantanamo Sug pf 30% Gulf Mobile & N pt. 28% Gulf States Steel___ 105 Gulf StS1st310%._. 6 Hall(WF) Printing. 14 Hamilton Watch___ 30% Harbison Walk(2) .. 12 Hat Corp of Am (A) 4% Hayes Body....__. 25% Hercules Motor (1). 84 Hercules Pow (5).. 108 Hershey C pf (t4).. 30% Holland Furnace... 108 Holland Furn pf(5). 9 Hollander (t50¢) 19% Holly Sugar (2) .. 108 Holly Sugar pf (7). 39% Houd-Hersh A(3%) 223 Houd-Hersh B(1%) 65% House Fin pf 13% 6% Houston Ofl vtc. 48% Howe Sound (13 3% Hudson & Manhat.. 13% Hudson Motor Car.. 1 Hupp Motors 18% Illinois Central._.__. 30 Illinois Cent pf (A). 25% Indus Rayon (1.68). 88% Inland Steel (3)___. 6% Inspiration Copper.. 5% Ins Sh Md ctfalfe. % 11% Interboro RT (d).. 5 185% 56% 8 4% % 3% 44 lll 'l 46% 19% 2% 29% 24% Island Creek (2. 9% Interlake Iron_ ... 2% Int Agricultural 160 Int Bus Mach (16)-. 35% Int Cement (2)_. 43% Intl Nickel (1.40)_.. 3% Int Paper & Pw (A) 1% Int Paper & Pw (C) 19% Int Rwy Cent A pf_. 12% Int Tel & Tol..._— 10% Interstate Dept Str. 82 Int Dept Strs l!fl). 88 John-nlb"fllo 13 75% Jones&Laugh 1% pt 13 KansCity Southern 48% 19% Kans City South pf. 29% 1 % 17 Kaufman Dep 8 (1) Kayser (J) (a1%)-. 20 Kelsey-Hayes (A).. Nlt Kelvinator (t50¢) . Kennecott C (1.20) . x'm Keystone S&W (2). 8% Kimb-Clark (50¢).. l% Kinney (GR) Co_. i30 Kinney (GR) pf... l 63 l lB 308 1 10 2 120 mu-u.cu-.n% Low, m 101 107 107 4% 4% 4% 16% 16% — 12% 12% 12% — % lM 106 106 +1% 6% 6% — % ll 9‘ 104% 104 37 37 19% 19% 108% 108% 6% 193, 13% 64% 16% 4% 14% — % 1658 158% —1% 8 8% — % 177% 178 —1 % 159% 178 160% 160% 160% +1% 1 33 1 56 56 122 120 120 1 2 10- 38 17 !ll lld 114 2 l 20 54% 36 4 4 k) 10- 2. a2%uonve g: .5:8??; 34% o 18% — 14 35% — % 28% — % 57U —2 2% — 1o 30% —5% 47% ~1 56 ~1 -2 11% 10% 10% -1 17 13 1T 39% 39 39 - % 14% 13% 13% — % 5% + % 27% 2T% 113% 113% 113% = % 109 109 109 38% 38 38 -4 114% 114% 114% — ’h 20% 19% 19% — 36% 35 35 —l\t 40% — % 26% —1% 76 8% — % 49% % 16% % - 24% -1% 4T —2% 9% 206 —2% 109% — % 10 -1 5% 13% XOK % - % 166% IGB'A 1“% -84 52% —1% 9% 5% —3% 3% 4% 52% 38 110“ um 110% — 6% 6% 6% Prey. 1936 Di % 20% Kresge (S8) (11).. 16! 169 66 Kress (8 H) (12)__. 19% Kroger G&B (1.60). 15% Lambert Co (2) ._.. 12 Lee Rub&Tire(50c). 15% Leh Port Cmt a26c-. 94% Lehigh Por C pf (4) 2 Lehigh Valley Coal. 9% Lehigh Val Coal pf. 8% Lehigh Valley R R 89 Lehman Corp (13)_. 12 Lehn & Fink (1%)- 387% Lerner Stores (2) .. 4T% Libby-Ow Gl(a2%). 7 Libby HfiNOlll‘: L. 160% Ligg&Myers pf (7). 25% Lima Locomotive... 36 Link Belt (11.20)_.. 32% Liquid Carb(1.60).. 43 Loew’s Ino (12) 3% Long Bell Lum (A). 40% Loose-Wiles (2). 2615 21% Lorillard (P)(1.20). lltm 4 21 164 17 9% 9% 41 583 19% 130 13 20% 4% 4% 97 12 8% 12% 5% 28% 10 1% 17% 1% 6% 1014 48% 2% 39 49% 56% 46% 88 103% 18 19% 40% 54% 3% 142 Lorlllard (P) p£(7) 13 La Ofl Ref pf (d)__. 20 Louisv GEEpfA 1% 57!% Lou & Nash (a43%)._ 224% Ludlum Steel (1) 35 MacAnd & For (2).. 29 McCall Corp (2)a... 12% McCrory Stor 16 McGraw Hill 39% Melntyre Porcu ( 8% McKesson & Rob _. 37% McKess&Rob pf(3). 11% McLellan Stores..... 27% Mack Truck (1) 40% Macy (R H) Co (2). 34% Magma Copper (2) - 1% Manati Sugar (d) - 7% Manati Sug pt (d) 7 Mandel Bros. 14% Man El md gtd (d)_ 2Y% Maracaibo Oil Exp.. 8% Marine Midld (40c). 1% Market St Ry. 18% Market St Ry pr pf_ 41 Marlin-Rock (12) _ 11% Marshall Field & Co 63 Martin Parry . 2715 Mathieson Alk 1 43% May Dept Strs (2)_. 131 MaytagCo _____. 103 Maytag Ist pf (6) 67% Mengel Co__ 50 Mengel Co of 1 40% Mesta Machine (3). 5% Miami Copper_ 17% Mid-Contl Pet a40c._ 21% Midland S Prod (1). 6% Minn Moline Pwr__. 16% Mission Corp. 513 Mo Kans & Te: 14'% Mo Kans & Tex pf_. 2t Missouri Pacific(d). 37 Mo Pacific pf (d) __ 2015 Mohawk Carpet (1) 79 Monsanto Chem(t1) 35% Montg'y Ward 80c._. 60t Morris&Essex(3%) % Mother Lode i 28% Motor Prod (12) 15' Motor Wheel (1)_. 11% Mullins Mfg (B)_. 14 Murray Corp. . 43 Myers (FE) (12)— 15 Nash Motors (1) _. 31‘- Nat Biscuit (1. 60)_. 21% Nat Cash Reg (50c) Nat Dairy P (1.20) - 10815 Nat Dairy P pf A(7) 10 Nat Dept Stores.... 25% Nat Distillers (2) 26% Nat Lead (150¢) - 137% Nat Lead pf B (6) .. 9% Nat Pwr & Lt (60c) 57% Nat Steel (1%3) 197 Nat Supply Co. 744 Nat Supply Co pf... 7' Nat Tea (60¢) . 10% Natomas (80c) 32 Nelisner Bros (2) - 9 Newport Industries 3214 N Y Airbrake a50c.. 27% NYCentral RR___. 17% N Y Chicago & St L. 362 N Y Chi & St L pf. 3 NYNH&H (). . 7% NY NH & H pf (d 933 N Y Shipbuilding. 57 N Y Shipbldg pf 6% North Am Aviation. 23' North AmCo (1) _. 523% North Am Co pf (3). 237% Northern Pacific.__. 2 Norwalk Tire&Rub. 12% Ohto O1l (50€) . 2413 Oliver Farm Equip_ 17 Omnibus Corp vie.. 128 Owens-Ili Glass (5) 13 Pac Am Fisher (1). 31 Pacific Coast_ ... 4% Pacific Coast 2d 30% PacificG& E (1%). 47% Pacific Ltg (2.40) 14% Pacific Mills __ 118 Pacific Tel&Tel (fl) 11% Pacific W'n Oil b25¢ 674 Packard Mot(a25c). 121 Pan American Petr. 1% Panhandle Pro & R_ 18% Panhandle P&R pf.. 67 Paraffine Co (12)__. 7% Paramount Pic 59 Paramount 1st 8% Paramount P 2d pf- 2% Park Utah 23 Parker Rust P 1%.. 415 Parmelee Transp't_. 6% Pathe Film Corp..— 10'4 Patino Mines._. 69 Penney (J C) (fl).. 3% Penn Coal & Coke__. 415 Penn Dixie Cement. 28% Penn Dixie Cpt A 17 Penna Glassctfs__. 28Y% Penn Railroad (al). 30 Peoples Drug (1), 38 Peoples GasChi__.. 25% Pere Marquette 56 Pere Marquette pf_. 64% Pere Marq pr pf- 12% Pet C’p of Am azic. 10% Pfeiffer Brew (1.20) 25% Phelps Dodge a75c. 45% Phila Co 6% pf (3)- 1% Phila & Read C& 1. 66 Phillip Morris (3)-- 7% Phillips Jones 381 Phillips Petrol (1) 5% Phoenix Hosiery.... 8 PlerceOilpf... 1% Plerce Petroleum__. 30 Pillsbury F1 (1. CO)- 50 Pirelli (b3.84)_ T4 Pitts Coal._. 351 Pitts Coal pf.. - T3 Pitts Screw&B 50c-. 11% Plymouth Oil (1)._. 20 Pond Creek Poc (2). 12 Poor & Co (B) 2% Pressed Stl Car (d). 18 Pressed St1 C pf (d) 40% Proct & Gam(11%). 39 PubSveNJ (2.40). 36% Pullman Ine (1%)-. % 16% Pure Oil_._ 24 133% 17 103 Pure Oil 8% D! 9% Purity Bakeries 400 9% Radio Corp .. 6815 Radio Corp pf A 8% 5 Radio-Keith-Or (d) 11 RRSecIllCent.._. 384 287% Raybestos-M (1%3). 99% 114 8% 108% 177 16% 41% 34 30 65% 58% 36 STOP ZIPPER MAKING. The Commerce Department reports that as the result of the increased | Board of Governors of the Commodity 35% Reading (2).__. 9% Real Silk Eolisry_- 12% Reliable Stores ___. 18 Rem Rand (160¢).. 85% Rem-Rand pf (6) . 102 Rensselaer &S (8)- 4% Reo Motor Car..... 16% Republic Steel.__. Republic Steel pf_. 10 Revere Copper____ 24% Revere Copper (A). 22% Reynolds Met (1) 26 Reynolds Sprnew.. 59 Reynolds Tob (3).. 50 Reynolds Tob B (3) 19% Ritter Dental...... Net 26% 1% 20%% 25 44 267% ~1 1% —2% 20% 25 3% 4“4 -1 17% — % 12% — % - % 'I!% 20% 27% 44 1T% 12% 27% 111 UL L R T 81y 33% 55 1 164 109% 108 &Y, 68% 54!. ‘m'a 40 6% 19% 81, 2% 2% Hly AU T | 38 54 18 126 54 18 * B e o 1 2k €9 OV 1 08 1t TV b 10 60 SO RIS 1S e 1 e OO B IO B3 N Y 2 308 10 78 22 20% 20% 'I 105% 108% 103% -1% 14% — % ll 39 - % [ (3 24 -1 -1 100s 28 1 Prev. Low. Close. Chge, | High. Low. 117% 10! 124 85t 191 1134 1 AUGUST 21, 1936. OCK EXCHANGE 1938 Stock and Dividend Rate. 74% Ruberoid Co (1) 5% Rutland R R pf. 27 Safeway Sto (2). 103 Safeway Strs pf (6) Bales— Add 00. 1 11 108 110% Safeway Strs pf (7) 100s 1 22 St Josepr Ld (80c). 1% St L-San Fran (d)_. 2% St L-Sdn Fr pf (). 7% St L Southw’n (d) 11 Savage Arms. — 37% Schenley Dist a’ 97% Schenley D pf lfi%) 1% Schulte Retail Strs.. 53% Scott Paper (2)____. % Seaboard Afr L (d). 2 Seaboard A L pf(d). 30% Seaboard Ofl (1) 313 Seagrave Corp 59% Sears Roebuck (2).. 2% Second Natl Invest. 61% Sec Nat Inv pf $2.90 15% Servel, Inc (60¢c).. 20% Sharon Steel Hoop .. 89 Sharon Stl H pf (5 4% Sharpe & Dohme_ 43'% Sharp & D pf (3%). 11 Shattuck F G (50¢). 30% Sheaffer Pen (2 . 14% Shell Union Oil. 8% Silver King (40¢) ,19% Simmons Co (a50c). 32 Simms Petrol. 19 Skelly Ofl__ 40% Smith (A O 22 Snider Packing_ 121 Socony-Vac O (50¢) 3% So Am G & P(a20c). 26 So Porto R Sug (2). 25 South Cal Ed (1%). 2315 Southern Pacific 12% Southern Railway. 19 Southern Ry pf. 63% Spalding(AG)1st pf 5% Sparks-Withington. 67 Spear & Co___ : 29% Spencer Kell (1. 15% Sperry C'p vtc (al). 13% Spicer Mfg 44 Spicer Mfg pf (3 63 Spiegel-May-S (3)_ 21% Square D Co(B)50e. 14% Stand Brands (80c) 91; Stand Com Tobacco. 5'% Stand Gas & El (d) - 9': Stand G&E $4 pf (d) 26% Stand G&E $7 pf (d) 35% Stand O of Cal (11). 32% Stand Oil of Ind 11 511 Stand Ofl of N J (11 24% Starrett (L §) 1.40 65 Sterling Prod (3.80) ‘% Sterling Secur pf__. 16‘4 Stewart Warn(50¢) 14% Stone & Webster___ 9% Studebaker Cor| 72 SunOfl (11)__ 118 Sun Oil pf (6) 27 Superheater (50c 3 Superfor Ofl _ 9% Superior Steel 23 Sutherlad Pap 11.60 6% Sweets Coof Am__. 20% Swift & Co (1) __ 284 Swift Intl Ltd (2)_. 57 Symington A (d)_.. 5% Tennessee Corp ___ 2874 Texas Corp'n (11) 33 Texas Gulf Sul (2)_ 28 Texas&Pac RR _ 715 Tex Pac C & O aZ5c 9% Tex Pac Land Trust 89 The Fair pf (7). 815 Thermoid Co £ 24% Thomp'n Prod a20c. 475 Thompson Starrett. 26 Thompson Star pf__ 14% Tide W Asso O 60c. 12'% Timken Detroit(t1) 56 Timken Roll B (12) 11 Transamerica t40c_ 147 Trans & Westn Air_ 10% Transue &W(t60¢) _ Tl Tri-Cont Corp a2jc.. 47 Truax-Tra Coal. 715 Truscon Steel 2215 20th Cent Fox Film 31% 20th Cent F pf 1% _. 8% TwinCity RT._ 654 Twin City R T pf._ 274 Ulen&Co ______ 74% Und-Ell-Fish (2) __ 3812 Union Bag&Pap (2) ‘i1% Un Carbide & C 2.40 207y Union Oil of Cal (1) 108': Union Pacific (6)__. 225, Union Tank C 1.2 20% United Aireraft__ United Air Line vte. United Bise (1.60) _. United Carbo: United Corp__ United Corp p! United Drug United Elec Ci United Eng&F 11 United Fruit (3)__ United Gas Imp (1) United G Imp pf (5) % United Paperb'd(d) 10 U S Distributing pf. 13 US& For'n Secur__ 91 US&ForS st (6). 24%4 U S Freight (1) ... 80%: U S Gypsum (2).... 8% U S Hoffman __ 3113 U'S Ind Alcohol (1). 5% U S Leather vtc___. 10% U S Leather A vte._ 71 U S Leath pr pf vte. 21': US Pipe & Fy(1%). 7% U S Realty & Imp__ 16% U S Rubber_.______ 47 U S Rubber I1st pf__ 72% U S Sm & Ret (a8)_ 6612 US Sm&R pf (332)- 46% U S Steel _ 5 115% U S Steel pf (4) ... 19109 ° 116 124 20% 4 9% 95 4814 147 ISO‘A 5 United Stores (A)_. 57% Univ Leaf Tob (13) 50 UnivPictistpf ___ 314 Util Pwr & Lt (A)_. 1 Vadsco Sales Corp_. 30 Vadsco Sales Co pf. 16% Vanadium Corp .. 28% Van Raalte (al1%). 40 Vick Chem (12)_ 415 Va-Car Chemical 28% Va-Car Chem 6% pt Va El-& Pwr pf (6). Wabash (d) Wabash pf A (d)__. % Waldorf Sys (80c).. Walgreen Co (2) Walker (H) (2) . Walker (H) pf (1)~ Walworth Co__. 2% Ward Baking pf(s) Warner Bros Pict_. Warner-Quin (d) Warren Bros____ Warren Bros cv pf_. Warren Fdry&P(1). Waukesha M(160c) Wells Fargo Wesson O&S(150¢) West Pa Elec pf (6) West Pa Elec pf (7) West Pa Pwr pf (6) 814 Western Maryland. 15 Western Md 2d pf__ 2 Western Pacific.. . 5% Western Pacific pf.. 72% West'n Union (a2) . 34% West'gh'se A B (1) 9412 Westingh'se El (4) 1231% West'g'se 1st pf 313 193% Westvaco Ch t40c_. 21% Wheeling Steel . 84 Wheeling Stl pf 18% White Motor _ 13% White Rk M S(1. 40) 3% White Sewing Mch. 16 White Sew Mch pf. 2% Wilcox Oil & Gas 6% Wilson & Co (50¢).. 70 Wilson & Co pf (6)- 44% Woolworth (2.40) __ 231 Worthington Pump 56 Worth Pump pf A-.. 47 Worth Pump pf B. 625 Wright Aero__ 63% Wrigley W ir ( . & Towne (60c) 8% ow Truck . 83% Yellow Truck pf__. 42% Young Sp & W (3)_. 41% Youngs'tn Sheet&T 11% Zenith Radio .. 111% © 008 Qo 1 51 Low. Close. Cnu. 29 109 111% 112% + % 4 24% -1 2% - % 85 614 29 109 47 6% 2% 34% —1% 6% — % -5 6% + 14 =1 =¥ -1 | + -15 -3 | Group +1 FINANCIAL. AGTIVE SALES SEND STOCKS PLUNGING Ticker Falls Behind in Midst of Slump, but Flurry Ends Quickly. % a Stock Averages 30 Indus Rl t! Net change. 3.8 14 —"1"3 3'5' Today, close. 864 378 509 653 Prev, day... 892 39.2 52.2 674 Month ago.. 90.0 38.7 51.8 675 Year ago. 656 26.1 375 48.7 1936 high. 920 413 534 696 1936 low... 734 302 434 55.7 1935 high. 76.3 312 44.7 56.1 1935 loW..... 495 185 216 348 175 8.7 239 169 46.9 153.9 184.3 157.7 516 953 61.8 618 (Comptled by the Associated Press.) BY VICTOR FUBANK, i Associated Press Financial Writer. NEW YORK, August 21.—Stocks * | were jolted sharply in today's market as the European war picture darkened, In a heavy morning selling flurry prices dropped 1 to 3 or more points, with the ticker tape behind floor trans- actions for a time. The slump was comparatively brief, however, and the leaders attempted to right themselves later. Support was not impressive, and trading turned ex- | tremely quiet. Near the final hour quotations were around their lows of The late tone was weak. Transfers + | approximated 1,500,000 shares. Ly Aircrafts pushed ahead briskly at 13 | the opening. but most finally retreatec Y2 | with the others. Wright-Aeronautical ., | however, was up some 5 points. Pirell! * | Co. of Italy (American shares) jumped | 9 points on a few transfers. This stock | s seldom traded. Principal losers included United | States Steel, Bethlehem, Youngstown | Sheet & Tube. Chrysler, General Mo- | tors, Sears-Roebuck, Douglas Aircraft | J. 1. Case, American Telephone, West- » | ern Union, Consolidated Edison, Ana- conda, Kennecott, American Smelting 1; | Standard Oils of New Jersey and Cali- fornia, Continental Oil, Westinghouse Du Pont, Allied Chemical, Santa Fe. New York Central, Pennsylvania | Southern Pacific, Delaware & Hudsor and Johns-Manville. ) S .| DEPARTMENT STORE COLLECTIONS IMPROVE Department stores in all Pederal s, reserve districts collected a higher % | percentage of their open credit ac- counts and installment credit ac- s | counts receivable than in June. For ,' the country as a whole, the Commerce a, | Department reports, collections of oper iy | credit accounts were the greatest of any month since January, 1934. The % 'figures were: Open credit accounts, June, 1936, 47.6; May, 1936, 45.8; June. ™ 1935, 44.2. Installment accounts, June | 1936, 18; May, 1936, 16.9; June, 1935 16.1. INVESTING COMPANIES NEW YORK. August 21 (P.—New York Security Dealers’ Association (Noon quotations) | i Gen Am Bumr.es~ Sh Am Ins Stocks Basic Industry Broad St Inv Bullock Fund - Corporate Trust Corporate Trust AA | Corp Tr AA mod Corp Tr Accum Se: Corp Tr Acc_Mod Cumulative Tr Sh Dl\ersmzd Tr C. Dividend Shr Equity Corp $3 Eydelity Fund Inc First Boston Cor) Fixed Trust Sh A Fixed Trust Sh Found Tr Sh A Fund Investors I Fund Tr Shrs A _ Fund Tr Shrs B_ | Gen Investors Tr Group Sec Agricuiture Sec Automobile Sec Building Sec Chemical Sec Sec Sec Sec Group | Group Group Se | Group Group o, | Groun % | Group Food - Invest Shrs. Merchandise Mining - Petroleum _ Iy s | Investors Fund of | Keyston Cust Fund B Major Shrs Corp Marvland Fund - Moty Tavest Ur Mutual Invest Fund_. Nation “vd? Sec Nor Am Tr Sh | Northern Secur Plymouth Fund Inc Quarterly Income Sh Selected Am Sh Selected Cumul Sh Selected Income Sh Selected Indus cv pf Spencer Trask Fund Am Tr Shrs Ul Inc - pet Subervived Shrs Tr\i\’:{lesBKlnd Inv C. Trustee Stand Inv D-_ Trusteed Am Bk “B Trusteed Industry Shr Trusteed N ¥ Bk Shrs_ NEW YORK BANK STOCKS NEW YORK. Axluxl .‘}m;r?r —New York lers’ Associa D s quutmnny BK of Man (135)- Bankers' Tr (% gen Hig B & 15 Chase Be'a'Xr (L300 Asked (11 First Nat (Bos First Natl (100) Guaranty Tr (1 Trving Tr 1.60) Manufacturers’ Tr Manufacturers' Tt pf. Natl city (] A Title G & T. a—Extra or extr —_——e CHICAGO PRODUCE. CH’ICAOO‘ August 21 lM—Butl&r fi 0. steady. prices unchang s 3 2: current receipts, 20%a. Foultry, live, 43 trucks balance steady: hens. 4! % Ammu&hdsluh-mfl.!.lmhmm White 450,000 920,000 l! 00 NooR. e Sales for th dA! LJM 0 Dividend rates as nm 1n the Iatest quarter] 100 SATURDAY CLOSING REFUSED. NEW YORK, August 31 (#).—The Exchange has rejected a petition to Mhmm&hfld"ldflx- \ [ NEW YORK. ust 21 (#).—C steady: clocuol nc.“.no:'z and future, in barely stead. ly; t St auicksiiver 670,000 - 1,060,000 {nru mnmm e.-t"‘”'m“!fi-fi sbot._ai | e l and Whlu mxk hrofle Leshorn broilers, 16: r-buk emnm . 1415 mhorn‘;amura 133 lllnlll white, 11%; Illh& colored, 11: Seibe DOLLAR QUOTA'HOI JPARIS, August =} tes dollar closed ommly |n The foreies excmnn market toda: 15.19 franc (8.583 cents to the lunc) As_comparet with “the overnight ‘York rate o 6.584 cents to the fran 100 TONS OF LEAD SOLD. Jopieraay ot 34.45 per Dounds. 1 2.