Evening Star Newspaper, September 8, 1936, Page 16

A—16 skxskorx UNIOR BANKERS 10 GET AWARDS Certificates Will Be Given 50 Institute Members To- morrow Evening. BY EDWARD C. STONE. Pifty of Washington's junior bank- ers will receive standard and pre- standard certificates at the Fall meet- ing of Washington Chapter, Ameri- can Institute of Bankirg, tomor- row evening at the Willard Ho- tel as a reward for work com- pleted lastSpring. Paul J. Seltzer, chapter presi- dent, will pre- side and Harold Stonier, head of education in the national organi- zation, will be the guest speaker. ‘The list of young financiers to re- ceive certificates is as follows: Pre-standard certificates—Winifred | 6. Dampier, Bank of Commerce & | Savings; Leona E. Draeger, Wash-| ington Loan & Trust Co.; George L. A. Dressel, Prince Georges Bank, | Mount Rainier; Wilmer A. Eisenhart, controller of currency office; Donald ‘W. Eyler, Security Savings & Com- | mercial Bank; Paul Fako, United States Postal Savings System; Byron | W. Fields, Riggs National Bank: Jeanette Fuchs, Washington Loan & Trust Co.. Frances Edwin Grimes, | Riggs National; Earle C. Gross, con-l troller of the currency office; Philip M. Grove, Bank of Commerce & | Savings; Yeager Gum, Security Sav- | ings & Commercial: John K. Hillers, | Riggs National; Ethel Ann Loeb, | Alexandria National Bank, Alexandria; | Janet A. McDonald. American Se- curity & Trust Co.: Frances E. Nagel and Ernest J. Newman, Riggs Na-| tional; William M. Offutt, Washing- ton Loan & Trust; George A. Pal- matier, Insolvent Banks Division, United States Treasury; Ernest B.| Parsons, Riggs National; Alva A. Pat- ten, Reconstruction Finance Corp.; Charles M. Penn and Beverly C. Pratt, ‘Washington Loan & Trust; Samuel | C. Redman, jr., and George M. Row- gee, jr. Lincoln National; Raphael Semmes, jr., Washington Loan & Trust; Ralph Stottlemeyer, Security Savings & Commercial; G. Crawford ‘Turnbull, Morris Plan Bank; Eliza-| beth M. Wakeman, Alexandria Na- tional Bank, Alexandria; Frances E.| Werner, Hamilton National, and A. J. White, American Security & Trust. Standard certificates — James B.| Ahalt, City Bank; John L. Bryant, American Security & Trust; Paul W. Clarke, Hamilton National; Fulton H. Dixon, Security Savings & Commer- cial; Ward W. Fleharty, jr.; George R. Galleher, Lincoln National: Frank- lin A. Gibbons, jr. Riggs National; | Earle C. Gross, Controller of the Cur- rency Office; Constance D. Jones, | Riggs National; Herman A. Lipko- vitz; Ralph H. Mittendorff, American Security & Trust; Stephen O. Porter, | Riggs National: Doris E. Strobel, | Controller of the Currency Office; Ross L. Totten, Washington Loan & | Trust: G. Crawford Turnbul!, Morris Plan Bank: Daniel J. Tyrell. Wash- ington Loan & Trust: David W. Ward, Lincoln National; Frank L. Waters, jr.. and A. Stanley Wolfe, Riggs Na- tional. D. C. Bankers End Vacations. Edward L. Hillyer, vice president of the Union Trust Co. and former president of the Washington Siock | Exchange, returned to the bank to- | day after a visit to England, which included several extended motor trips to points of special interest off the beaten path. He also spent consider- able time in London. G. Bowie Chipman, resident man- ager of the Laidlow & Co., New York | Stock Exchange firm, was at his | office today following an extended Summer trip to Evrope. He visited » noted German health resort and also did a large amount of cight- seeing. | William E. Howard, an assistant | cashier at the National Banx of ‘Washington, has returned from his vacation, which included a visit to Canada. Frederick S. Beyer, assistant cash- {er, Second National Bank, is another banker returning from his annual vacation. Donald W. Larson, secretary of the | District Bankers' Association, re- | turned several days ago from a motor trip to Pennsylvania, New York and New England. He visited the homes of several former Presidents of the United States, toured on the “college trail,” going as far North as Maine and Concord, N. H. Air Traffic Here Increases. Continued improved business con- | ditions in the territory served by Central Airlines, namely, Washington, Pittsburgh, Akron, Cleveland and De- troit, contributed measurably to the 144 per cent gain in passenger traffic in August, 1936, over August of 1935. Central Airlines, holding the Gov- ernment airmail contract No. 14 on the Washington-Detroit Airway, re- ported through Vice President D. ‘Walter Swan, that in August of this year 2,953 revenue passengers were carried, a net gain of 1743 revenue passengers over August of 1935. Net gain for the first eight months of 1936 was 10,600 passengers over the first eight months of 1935, a per- centage increase of 233 per cent. Building Permits Up 104 Per Cent. Building permits issued in July in 31 leading cities of the fifth reserve district numbered 3,158, compared with 2,448 permits issued in July, 1935, an increase this year of 29 per cent. and estimated valuation figures totaled $9,355,783, an increase of 104 per cent in comparison with valuation figures totaling $4,595,636 in July last year. Contracts awarded in July for con- struction work in the fifth reserve dis- trict totaled $21,492,100. compared with $14,751,155 reported for July. 1935. Of the July, 1936, awards, $9,033,100 represented residential types of con- struction, compared with $6,377,405 for this class of work in July last year. Market Pleases Traders. An exceptionally large number of traders in Washington brokerage houses today were much pleased at the opening of the New York Stock Exchange for the first session follow- ing Labor day and the double holiday. ‘Trading was lively, prices were higher and the market covered a wide range of stocks. ‘The Chesapeake & Potomac Tele- phone Co. of Baltimore had a net gain of 1,264 stations during August, com- pared with a gain of 743 stations in August, 1935, and a gain of 489 in August, 1934, Harold Stonier. i s Prev. High, 118 T4% 13% 35% 28 2104 123% 45 20% FINANCIAL THE EVENING STAR, By Private Wire Direct to The Star. 1936 Stock and Low Dividend Rate 110% Abr & Straus pf (7) 59 Acme Steel Co (13». 9% Adams Exp (a20c)- 17% Adams Millis(a75¢c) 22t Address'graph(60c) 1% Advance Rumiey _. 58 Alr Reduction (*1) 2 Air-Way Elec Appli 13 Alaska Jun (160¢c). 2% Alleg Corp (d) 12% Alleg pf w$30w (d) 121 Alleg pf wS40w (d) 1214 Alleg Steel (11)___. Allfed Chem (6) Allied Mills (250c). Allled Store! Allied Stores pf (5) Allis-Chalm (13) - Alpha Port Cmt (1) Amal Leather Am Ag Chm Del(3) Am Bank Note (1) Am Bnk Note of (3) Am Brake Shoe 1.60 Am Can (14) Am Car & Foundry . Am Car & Fdry pf.. Am Chain Am Colortype Am Comcl Alcohol . Am Crystal Suga! Am Crys S st pf(6) 2 Am Encaustic ____ Am European Sec Am & Foreign Pwr Am & For Pw $6 pf 29% Am & For Pw 87 pf 12 Am & For Pw 2d pf 13 Am Hawallan (1) 514 Am Hide & Leather 323% Am Hide & L pf (3) 37 Am Home Pr (2.40) 215 Am Ice 9% Am International_ 2314 Am Locomotive . 66 Am Locomotive pf. 21 Am Mch&Fy (80c)- 10 Am Mch&Met a40c. 27 Am Metal 715 Am Power & Light. 36% Am Pwr&Lt pf (5) 43 Am Pwr&Lt pf (6)- 18% Am Radiator(alsc) 23% Am Rolling M1 20) 36 Am Safety Rn (2)- 18 Am Seating . Am Shipbldg (2) _. Am Smelt&itef (2) Am Smé&Ref pf (6) 4 Am Steel Foundry_. 24% Am Stores (2) .. 48'¢ Am Suzar (2) 20% Am Sumatra Tob 1 149'; Am Tel & Teleg (9) Am Tobacco (5) 812 Am Tobacco B (5) Am Type Founder 19's Am Wat Wks a20c. 73 Am Woolen 54% Am Woolen bf(’fl)_ « Am Writ Paper (d) 41 Am Writ Pap pf (d) 33 Am Zinc & Lead 28 Anaconda Cop (1) .. 5 Anaconda Wire(Z)_ 5'3 Anchor Cap 16vc) . AP W Paper 7 Archer-Dan-Mall 4% Armour (11linois) 66!y Arm’r(1)pr pf (6) Armour (111)pf(13) 47'¢ Armstrong C (1%) 71z Arnold Const (50¢). ~ Artloom Corp » ASS0 Dry Goods 103 Asso DG 1st pf 9. 36 Assoc Oil (aZic) 59 Atch To& S Fea2 90% Atch To&S Fe pf(5) “ Atlantic Coast Line 11 AUGulf & W Ind 1315 Atl Gulf&W Ind pf- 263 Atlantc Ref (1) Bales— Add 00. High. Net Low. Close. Chge. 208 111% 111% 111% 1 641 + % 32 13% 2 21% + % 2 27 3 24 — % 7 ] % 2 8 1108 60% 60% 126% 127 49 49 881 57 12% 27% 30% 98 8814 5613 12% 27% 30% 180s « 3 4 13% % 32% 39 16% 20 5% 35 45% 2% 118 331y 933, 1?»: |2' 154 1 13 3 149 107 39% 837 107 394 B4 101 34 21 112 Atlas Powder pf (6) 10s 12 14 Atlas Tack (ad0¢) .. 26% Auburn Auto 5% Austin Nichols 291, Austin Nichols pf A 4% Aviation Corw (Del) 213 Baldwin Loco (d) 29'; Baldwin Loco pf(d) 2% Baldwin Lo asd(d). 33% Baldw L pf asd(d)_ 157x Baltimore & Uhio . 21 Baltimore & Ob p! 415, Bang & Arcos (214) 110'; Bang & Aroos pf(7) 13'% Barker Brothers. .. 824 Barker Brospt __ 14'x Barnsdall Ot (80¢) rs (75¢) Beatrice Cream (1) 100 Beatrice pf ww (5) 85 Becch-Nut P (13) . 13% Belding Hem (1) » Bendix Aviat'n (al) 20 Beneficiai L «t13g). 48 Best& Co (12) 45% Beth Steel 16'a Beth St 5% pf(1)- 10745 Bethlehe St pf(7)_. 23 Bigelow-San (1) .. 141 Blaw-Knox (40c) 18 18 7 608 22 17 4 7 168 31 3 408 11074 19 10s 102! 47 181, 2 18 1 21% 3 100 1 951 1z 14% 24 29% 5 21% 62 1Yy 187 312012 3 43 33 174 113 109% Bloomingdale pf(7) 140s 111' 31% 631 100%3 57 9% 58 19% 581y 1050 104% 86 693, 6% 2% 8% 31% 2% 5% lll% 46 129 82% 1674 BoeingeAirplane 41 Bohn Alum&Br (3) 80% Bon Am1 A (4) 39 Bon Ami (B) (233) 25% Borden Co (1.60) _. 64 Borg-Warner (13) . 6 Boston & Maine 121y Bridgp't Brass 140¢ 43'% Briges Mg «72) . 4712 Briggs & Strat (3) - 41 Bristol Myers (12)_ 40% Bklyn-Man Tr (3)_. 4!z BKlyn & Queens 33% Bklyn & Qns pf(13). 4413 Bklyn Un Gas (3) .- 47'2 Brown Shoe (3) ___ 814 Brunswick-Balke _ 8% Bucyrus-Erie 108% Bucyrus-Erie pf(7) 9% Budd (K G) Mfg 1 Budd 2d pd. Oct 16 85 Budd (EG) Mfg pt 83 Budd Wheel = 20% Bullard Co (a50¢)- 11% Bulova Watch 25 Burr Ad Mch(160c) 214 Bush Terminal (d) 14% Bush Term B pf cod 2% Butte Copper&Zine 16': Byers (A M) _ 54'% Byers (A M) pf 22 Byron Jackson t1__ 30% California Pkg1%) % Callahan Zinc - 6 Cal & Hecla (a50c). 30 Campbell Wy (1) 10% Canada Dry G A _ 10% Canadian Pacific .. 37 Cannon Mills (a2) . 91 Car Clin&O sta (5 6% Carriers & Gen 20c. 92'3 Case (J 1) Co - 54% Caterpillar Trac(2) 21% Celanese Corp a50c. 19 Celotex Coro 54 Celotex Corp pf _ 25% Cent Aguire (t13%)._ 35 Central RROf N J_ 615 Century Rib Mills_. 47% Cerro de Pasco (4) 8% Certain-teed (new) 58's Certain-teed 6% pf %0 Certalu-teed 7% pf 101 Champ Paper pt(6) 59 Chesapeake Corp(3) 51 Ches & Ohlo (2.80) - 2% Chi & East 111'pf(d) 1% Chi Grt West (d) - 4 Chi1Grt W pt «d) 25% Chi Ma1l Ordt+1%). 112 Chi Mil St P&P (d) 2% Chi M St P&P pf «d) ‘2 Chi& N W (d) - 6% Chi & N W pf (d) _. 1215 Chi Pneumatic Tool 40% Chi Pneu Tool pf.__ 1% Chi R 1&Pac «d) 31 Chi R 1&P 1% pf(d) 19% Chi Yellow Cab (2). 20 Chickasha C O (2) 7 Childs Co 85'% Chyysler (a6%)_ __. 15% City lce & Fuel (2). 72% City Ice&F pt (63) 4% City Stores % 23% Clark Equip (1.20)_ 107% Clev EI Illu pf4% 33 Clev Graph Br (11). 124 Cluett Peab pf (7). 84 Coca-Cola (2) - 13 Colgate-P-P (60c) 39% Collins & Aik 2 8% Colonial Beacon _. 3% Colo Fuel & Ir (d).. 23% Colo F & | pf (d) . 14 Columb G&E (a20¢) 90% Col G & E pfA (6)- 80% Col G & Epf (5) . 31 Colum Piet vte (11) 94 Colum Carb vtctt4) 44 Comel Credit (14) .. 117‘1 100% Comel Credit pf 43 g 118 55 Comecl Invst Tr (4) 123 110% Comel | T ev pf (6 . 1108 28Y% 56 4 108 1008 50% 47l 4 12 161 17% 50 471 117% 16% 17% 208 107!3 107% 1074 42 14 13% 14 | 1 1 111315 113% 113% 22 10% 10 10" 7 314 31 31 4 36 354 18 279 3 10s 35'% 15% 12 49% 1590 15914 3% 3% 27 2T% 29% 29% 9% 33 441 o 54% 9% 57% 104 104 103% 103% 82 82 67 4% 1% 8 30 1% B 3% 9 18% 588, 2% 5% 26 21% 8% 116% 116% 17% 17% 843 84% Th T 35% 35% 111% 111% 37% 37w 126% 126% 124 126 + % 5% 16% + % 58% +1 28% +1% 6% + % 30 +2 1% 21% + % 105% 105% + % 12 1508 1108 105 808 103% 4 82 40 67% 1 4% 22 2 64 9 3 0% 3 1w 67% 4% 39 6% 15208 30% 60 21% 5 105% 6 127 83 814 117% 117% + % 81% 81% 81% — % Prev. 1936 High. Low. 24% 5% 82 Stock and Dividend Rate. 14% Comcl Solv (8Vc) . 2Y% Comw & Southern.. 59% Comw & Sou pf (3). 7 Conde Nast Pub 30% Congoleum-N(1.60) 724 Con C pr pf ww 634 7314 Cons Cig pf xw 61 27% Consol kdison (2) 4% Consol Film - 15% Cons Film pf (31).. 3% Consol Laundries... 11% Consol Oil (60¢)._——. % Consol Textlle (d)_ 2 Cons Coal (Del)vte. 12% Cons C (Del) pf vic. 15% Container Corp (1) * 10% Contl Baking (A) - 1% Contl Baking (B) - 67% Contl Baking pf (4) 67% Contl Can (3) . 17! Contl Dia Fibre(2). 35% Contl Lnsur (11.20). 214 Contl Motors 2814 Contl Oil of Del (1) 27 Contl Steel (2) 55% Corn Ex BK&TT (3) 63% Corn Prod Ref (3)-. 4 Coty Inc 35 Cream of Wh (2 15% Crosley Rad (a50c). 43% Crown C & S (2) 46% Crwn C&S pf ww 2% 7% Crown Zelleb'k vic. 28 Crucible Steel 9514 Crucible Stl pf(13)- 1% Cuba Co 10% Cuba R R pt 614 Cuban-Am Sugar. 63! Cuban Am Sug pf- b2 Cudahy PKE (2%)-. 16% Curtis Publishing.. 9913 Curtis Pub pf (7)-—. Wright (A) 43% Cutler-Hammer t1. T% Davega Stores 130¢. 52 Deere & Co 27 Deere & Co pf $1.40 1915 Deisel-Wem-G (11) 36% Delaware & Hudson 1474 Del Lack & West 4% Den&Rio GW pf (d) 33 Liamond Mich 11% 18% Dist Corp Seag Ltd. 41% Dome Mines (2)_.. 7% Dominion Stores _. 50% Douglass Aircraft & Duluth SS Atl 4% Dunhill Internatl _. 13 Du Pont de N 13.60. 29 Du Pont deb (6) 115% 111% Duquesne Lt 1st (5) | 114 17% 10 51 11% 21% 119 4214 lfi*- 'in% 116 135 44 2314 37% 114 544 44y 33 0% 12% 5% 5% 1% 19% 3% 1 28% 13% 34% 147 114% 13% T 101 48% 5!z Eastern Roll Mills.. 6 Eastman Kod (15) - 152 Kastman Kod pf(6) 28'3 Eaton Mfg (2) . 5% Kitington-Schild 30% hlec Auto L 11.20 110% Elec Auto L pf (7)- Electric Boat c&Mus Ln(b24c) c Pw & Lt c '3 Elec Pw & Lt $6 pf_ 323, Elec Pw & Lt $7 pf. 42% Elec Stor Bat (12). 5t Equit Office B a20c. 11 EreRR 16 Erie R R 1stpf 11% Erfe R R 2d pf 12 Eureka Vac C (80c) 23%4 Evans Products (1) 4% Exchange Buffet. 2% Kairbanks Co. 815 Fairbanks Co pf 34% Fairb'ks-Morse(t1) 31% Faardo Sugar (2) 37 Fed Min & Smeiter % Federal Mot Tr 40c. 3 Fed Screw Works 214 Fed Water Sve (A) 20%; Fed'd Dept St t1.40 38 Fid Phoe F | (11.20) 2474 Firestone T&R 1.20 210044 Firestone pf A (6) 40 First Nat Strs (215) 32% Flintkote Co (1). .. 37x Follansbee Bros (d) 32 Food Machine (1) .. 2414 Fost Wheeler new . 63 Frank Sim pf (17) 13 Freeport-Texas (1) 47% Fuller Coprpf ___. 311y Fuller Co 2d of.. 3% Gabriel Co (A).. 11'; Gamewell Co 812 Gen Am Investors._. 42% Gen Am Trans 1% 21 Gen Asphalt (b25c) 10% Gen Baking (60c) 7'2 Gen Bronze 5% Gen Cable 17 Gen Cable A 7015 Gen Cable pt 5215 Gen Cigar (4) 140~ Gen Cigar pf (7 ¢ Gen Electric (1) 335 Gen Food (180) s Gen Gas & Elec (A) 14 Gen G&E 6%cv pfA 537 Gen Motors (2) __ 5% Gen Outdoors Adv . 18%, Gen Outdoor Adv A. 315 Gen Pub Service __ 2 Gen Ry Signal (1)_. 2 Gen Realty & Util . 26'z Gen Real&U pf ww. 31, Gen Refrac 1al%). 212 Gen St Casting pf 17 Gen Theatre Equip 13% Gillette Saf Raz (1) 50 Gillette S R pf (5). 6% Gimbel Bros 69 39 Glidden Co (2) - 52'x Glldden cv pf(2% ). 374 Gobel (Adolf) 672 Goebel Brew (t20c) x 12% Gold Dust vte (60c) 13% Goodrich (B F) 78 Goodrich (B F) pf._. 21% Goodyear T & R 87 Goodyear $7 pf (4)_ R1¢ Gotham Silk Hose . 77 Goth Silk H pf (7). 2 Graham-Paige 1% Granby (2d stpd) 3w Grand Union ctfs _ 2415 Granite City St (1) 2815 Grant (W T) (1.40) 32 Grt Northeyn pf 16 Grt North'n Ore (1) 31 Grt West Sug (2.40) 136 Grt West Sug pf(7) 22 Green (H L)Co(t1) 48% Greyhound C'p 3.20 1% Guantanamo Sugar 24 Guantanamo Sug pf 9% Gulf Mobile & N 3013 Gulf Mobile & N pf. 6 Hall(WF)Printing_ 14 Hamilton Watch 109 Hamilt'n W pf 183 30% Harbison Walk(2). 12 Hat Corp of Am (A) 4% Hayes Body - 251, Hercules Motor (1) 84 Hercules Pow (5)_. 126 Hercules P pf (7). 30% Holland Furnace 9 Holiander (t50¢)... 19Y% Holly Sugar (2) 108 Holly Sugar pf 414 Homestake (112) _ 39% Houd-Hersh A(21%) 22% Hud-Hersh(B){1%; 54% House Fin A (13) 6% Houston O1] vic ... 48% Howe Sound (13) ... 314 Hudson & Manhat._. 814 Hudson & Man pf _. 13% Hudson Motor Car. Hupp Moiors . 18% [1linots Central 414 Indian Refining 25% Indus Rayon (1.68) 106 Ingersoll-Rand(t2) 88% Inland Steel (3) .. 6'% Inspiration Copper.. 5% [ns Sh Md ctfaldc. 113% Interboro R T (d).. 9% Interlake Iron 274 [nt Agricultural 22% Int Agricul pr pf 35% Int Cement (2) 56% Int Harvester 2% 2% Int Hydro Elec (A) 4% Int Mercantile Mar. 43% Intl Nickel (1.40) _. 3% Int Paper & Pw (A) 2% Int Paper & Pw (B) 1% Int Paper & Pw (C) 20% Int Paper x Pw pf 37 Int Print Ink (1.80) 19% Int Rwy Cent A pf. 47% Int Shoe (12) 12% Int Tel& Tel .. .. 10% Interstate Dept Str. 58% Jewel Tea (t4) __ 88 Johns-Manville t2_ 75% Jones&Laugh 1% pf 13 Kans City Southern 19% Kana City South pf. 17 Kaufman Dep S (1) 25 KayserJ&Coal%. 20 Keisey-Hayes (A).. 18 Kelsey-Hayes (B).. 14% Kelvinator (150c) .. 87 Kendall pf A (16) . 28% Kennecott C (1.20). 1121% 121% 121% — % 22% 122 97 COIGI?TM(OK) 1121 121 13 & ki Gimbel Bros pf(a3) x Bales— Add 00. 22 85 % 88 3115 1 28 47 26% 26 WASHINGTON, ¥ OFE FFEEFFT 5 44 F 441+ 414441 Viwl 14+ +++++ I ++1++4+11 P e ) § EFEFEF ++1 Ed3 288 wE = F 3 14+ +4+1+ +) 8 115 3808 115% 112% 115% +4% 46% D. C., TUESDAY, SEPTEMBER 8, 1936. TRANSACTIONS ON THE NEW YORK STOCK EXCHAN(,E v. 1936 Stock and Low. _ Dividend Rate. 30 Kinney (G R) pf 20% Kresge (S8) (11)_. llO!fi 101% Kresge (S 8)pf(7) 50% 44% 59% 35% Kress(SH)&Co new 19% Kroger G&B (1.60). 15% Lambert Co (2) _ 12 Lee Rub&Tire(50c). 15 Leh Port Cmt a25e_ 941 Lehigh Por C pf (4) 2 Lehigh Valley Coal. 9% Lehigh Val Coal pf. 815 Lehigh Valley R R 89 Lehman Corp (13).. 12 Lehn & Fink (1%)- 3715 Lerner Stores (2) - 47% Libby-Ow Gl(a2%). 7 Libby McNeill & Li_ 25 Life Saver (1.60) _. 97 Ligg & Myers (14)_ 97% Ligg&Myers B (14) 19 Lily Tullp Cup(1%) 25% Lima Locomotive__ 36 Link Belt (11.20) 3214 Liquid Carb(1.60) . 43 Loew’s Inc (+2) 1087 104% Loew’s Inc pf (6%) 3% 8% 45 13 26% 51ty 30 93 35 42 34% 17% 24 49% 13‘) 58% 24% 118 107 2 loftime _______ .. 3% Long Bell Lum (A 40'% Loose-Wiles (2) Loose-Wiles pf (5). 21% Lorillard (P)(1.20) La Ofl Ref pf (d) Louisv G&EpfA 1% Lou & Nash (a4%). Ludlum Steel (1) MacAnd & For (2).. McCall Corp (2) McCrory Stores McGraw Hill Pub _ % Mcintyre Porcu (2) McKeesp't T P (14) McKesson & Rob - McKess&Rob pf(3). 2 McLellan Store. Mack Truck (1) Macy (R H) Co (2)_ Madison Sa G t60¢c_. Magma Copper (2)- Mandel Bros 4 Man El md gtd (d)- Manhat Shirt (60c). " Maracaibo Oil Exp_ Marine Midld (40c) Market St Ry pr pf- Marlin-Rock (1) . Marshall Field & Co Martin Parry - Mathieson Alk 1% Mathieson pf A (7). May Dept Strs (2)- Maytag Co - Mavtag pf ww (3 Mead Corp pf $4% Melville Shoe (4) - MengelCo .. Mengel Co pf Mesta Mach (a3%). Miami Copper - Mid-Contl Pet a40c_ Midland S Prod (1) Mid Stl 1st pf (§) _ 4 Minn-Hon R pf (6) Minn Moline Pwr. Minn & St L (d) M StP&S S M pf MStP&SSMisin. Mission Corp Mo Kans & Texas _ Mo Kans & Tex pf _ Missouri Pacific(d) Mo Pacific pf (d) Mohawk Carpet (1) Monsanto Chem(71) Montg'y Ward 80¢c Mother Lode Motor Prod (12) Motor Wheel (1) Mullins Mfg ( Mullins Mfg pf (7) Munsingwear a2%; _ Murphy G C (1.60) - Murray Corp Myers (F E) (12) Nash Motors (1) shv Chat & St L. Nat]l Acme (a2ic)-. Nat Aviation Nat Biscuit (1.60) Nat Cash Reg (50c) at Dairy P pf B(7) Nat Dept Stores _. 4 Nat Distillers (2 Nat Lead (t50¢) Nat Pwr & Lt (60¢) Nat Steel (13%) Nat Supply Co. Nat Tea (60c) « Natomas (180c) __ Neisner Bros (2) Newberry (JJ Newport Industries N Y Alrbrake a50q- N Y Central R R N Y Chicago & St L, N Y Chi &St Lpf. “ N Y Dock pf N Y & Harlem (5) N Y Investors (d) NYNH & H (d) NYNH&Hpf (d).. N Y Shipbuilding N Y Steam 1st (7) . North Am Aviation North Am Co (1) North Am Ed pf (6) Northern Pacific __ Northwest Tel (3) Norwalk Tire&Rub. 4 Ohto O1l (50¢) .. Oliver Farm Equip. Omnibus Corp vte . Oppenheim Collins_ 4 Otis Elevator (60¢c) Otis Steer . ____. Otis Steel pr pf. Outlet Co (12) _ Owens-111 Glass (5) Pac Am Fisher (1). Pacific Coast Pacific Coast 1st. Pacific Coast 2d _ PacificG & E (1%). Pacific Ltg (2.40) Pacific Mills Pacific T & T (a5) _ Pacific W'n Ol 0250 674 Packard Mot (a2sc) 183 Panhandle P&R pf. 7is Paramount Pict . 59 Paramount Istpf _ 814 Paramount P 2d pf. 17% Park & Tilford ... 2% Park Utah - 23 Parker Rust P HI.. 4'4 Parmelee Transp't.. 6% Pathe Film Corp 10% Patino Mines 1'% Peerless Motor 60 Penick & Ford (3).. 69 Penney (JC) (13).. 3% Penn Coal & Coke _. A1 Penn Dixle Cement. 28% Penn Dix 17 Penna Gla: 28Y% Penn Railroad lll) 30 Peoples Drug (11)_. 38 Peoples GasChi___. 25% Pere Marquette 12% Pet C'p of Am as0c. 10 Pfeiffer Brew (1.20) 73 Phillips Jones _. 25% Phelps Dodge a75¢. 45% Phila Co 6% pf (3). 31 Phila Rap Tr (d) 8% Phila Rap Tr pf (d) 1% Phila & Read C& 1. 66 Phillip Morris (3) .. 38% Phillips Petrol (1) 4 Phillips P rts Oct 5. 5% Phoenix Hosiery _. 1% Pierce Petroleum 30 Pilisbury Fl (1.60). 714 Pitts Coal ___. 35'% Pitts Coal pf 714 Pitts Screw&B 50c_ 49 Pitts Steel pf 14 Pitts Term Coal pf_ 3 Pitts United Corp.. 581 Pitts United C pf 21 Pitts& W Va. 1% Pittston Co 11% Plymouth Ofl 12 Poor &Co (B) . 4% Porto R Am Tob A _. 214 Pressed Stl Car (d) 18 Pressed Stl C pf (d) 40% Proct & Gam(11%). 39 PubSve NJ (2.40)_ 113% Pub Sve N J pf (6). 36% Pullman Ine (1%) 16 Pure Oil 91% Pure Oil 6% pf 133% 103 Pure O118% pf. 1% 14% M 19% 38% 48% 9% Purity Bakeries 400 9% Radio Corp 5 Radio-Kelth-Or (d) 11 RR SecIllCent.._ 28% Raybestos-M (1%). 35% Reading (2) 39 Reading 1st pf (2)- 9% Real Silk Hnl!lry_. 1% Reis (Robt) 121 Reliable Stores __.. 17% Rem Rand (160c) . 21 Rem-Rnd ifif D: 1% 55t I Aaa 00. 08 9 I o PR T e e L L L - N 2 S H ® 3 Y 2 2 A O ©ve High. 36% 27% 103% 39% 119% 58'% 16% 95 107% 16% 10% % 18% 34 46% 48% 12% 2 19% 20% Net Low. Close. Chge. 89% +3% +4++++4++4+4+0 + ++1 P44+ 1140 4 R R NS L4+ i+ T+14 41 AR AR FIHE b LA 44t EFFEEFEE X2 8@ OFEF 16% + % 11+ % % 18% 3% + % AT% +1% 48% 13 +1% 2 19% — % 21% + % 21% — % 88 + % 6 23% + Fl Prev. High, 100 19% 50 34 33% 655% 58% 445 3515 1n2 1141 298 3% 6% 52 124 145 1936 £3% Diviacnd Rate. 78% Rep Stl pr of A (6). 10 Revere Coppe! 24% Revere Coppe! 22!4 Reynolds Met (1) Reynolds Sprg (1) Reynolds Tob (3) Reynolds Tob B (3) Roan Ante (b76c) - 27 Safeway Stores (2) 108 Safeway Strs pf (6) 110% Safeway Strs of (1) 59 50 32 FINANCIAL. 22 St Josepr Ld (80c) x 28 1'4 St L-San Fran (d). 2% St L-San Fr pf (4) 37% Schenley Dist a75c 97t Schenley D pf (5%) 1% Schulte R Strs (d) . 532 Scott Paper (2) - T4 Seaboard Alr L (d). 30'; Seaboard Oil (1) 314 Seagrave Corp 59% Sears Roebuck (2) Second Natl Invest 61% Sec Nat Inv of 12.90 155, Servel. Inc (60c) . 20% Sharon Steel Hoop_. 4% Sharpe & Dohme 11% Shattuck F G (50c). 30% Sheaffer Pen (2) ___ 14% Shell Union Oil - 1103 Shell Un Oil pf 5% 8% Silver King (60c) 19% Simmons Co (ab0c) 31 Simms Petrol 19%3 Skelly Oil 55 Sloss-Sheffield St1 65% Sloss-Sheff pf(a3% 40Y% Smith (A O) ___. 21 Snider Packing 124 Socony-Vac O (50c) 3% So Am G & P(a20c) 26 So Port R Sug(12) - South Cal Ed (1%). Southern Pacific _. Southern Railway. Southern Ry pf_ 4 Spalding (A G) . 4 Spalding (AG)1st pt Sparks- Withington Spear &Co _._ Spencer Kell (1.60). Sperry C'p vte (al). Spicer Mfg E Splegei-Mav-S (3) Square D(B)a621zc Stand Brands (80c) Stand Brands pf(7) Stand Com Tobacco Stand Gas & El (d) Stand G&E $4 of (d) Stand G&E $6 pf (d) Stand G&E $7 pf (4) Stand Oof Cal (11). Stand Oil of Ind t1. Stand Oil of NJ (11 Starrett(L §)11.40 « Sterling Secur (A) Stewart Warn(50c) Stone & Webster __ Studebaker Corp Superheater (50c) - Supertor O11 + Surerior Steel Sutherlad Pap 11.60 Sweets Co of Am Swift&Co (1) Swift Intl Ltd (2)_ ymington (d) ___ Symington A (d) . Telautograph (60c) Tennessee Corp Texas Corp'n (11) Texas Gulf Sul (2 2314 Tex Pac Land Trusi Thatcher (1) __ 8% The Fair The Fair pf (7) Thermoid Co 81 Thomp'n(JR) (50c) 24% Thomp'n Prod asoc 47« Thompson Stariett 14% Tide W Asso O 60c 21005 Tide Wat A O pf(6) 11412 | 131% 86 4% 10% 18 3 18 40 10 293, e 14% 2% 84 122 395 9% Timken Detroit(t1) Timken Roll B (12) Tiansamerica t40c Trans & Westn Air Transue &W (160c) Tri-Cont Corp a2ic Tri-Contl C pf () Tri-Cont] pf(6)cald 4% Truax-Tra Coal . Truscon Steel 20th Cent Fox Film 20th Cent F pt 11,. TwinCity RT _ Twin City R T pf % Ulen & Co Und-Ell-Fisher (3) Union Bag&Pap (2) Union Carb&C 2.80 Union O] of Cal (1) Union Pacific (6) Union Pacific pf (4) Union Tank C 1.20 United Alreraft United Air Line vte 4 United Am Bosch _ United Bise (1.60). United Corp __ United Corp pf (3) Tnited Drug (a56c) Utd uyawood (al% United Dyew pf (7) United Elec Coal __ # UnitEng & F (2 United Fruit (3). - United Gas Imp (1) Un'ted Paperb'd(d) U S Distributing pf U S & For'n Secur.. U S Freight (1) ,_. US Gypsum (2)__. U S Hoffman < U S Hoffman pf 2 4 US Indus Alcohol . U S Leather vte .. U S Leather A vte U S Pipe & Fy(1%) US Realty & Imp.. U S Rubber . o U S Rubber 1st pf _ % USSm & Ref (a8). United Stores (A) Univ Leaf Tob (13) Univ Pict 1st pf Util Pwr & Lt (A)_ dsco Sales Corp. 4 Vanadium “orp _ Van Razlte lll‘n) Vick Chem (12) ... % Va-Car Chemical. Va-Car Chem 6% pf 109 El-& Pwr pf (6) 114'4 Virginia Ry of (6) 70 Vulcan Detin (a4) . 2% Wabash (d) __ 5 Wabash pf A (d) 914 Waldorf Sys(71.20) 30 Walgreen Co (2) 115 Walgreen pf (634). 2614 Walker (H) (2)_. 5% Walworth Co 10% Ward Baking A.. Ward Baking B __. Warner Bros Pict.. Warner-Quin (d) - Warren Bros Warren Bros cv pf_. Warren Fary&P(1) 1915 Waukesha Mot (1) 64 Webster Eisenlohr. 1 Wells Fargo 33% Wesson O&S(+50c) 87 West Pa Elec pf (6) 96 West Pa Elec pf (7) 111% West Pa Pwr pf (6) 814 Western Maryland. 15 Western Md 2d pf __ 514 Western Pacific pf_. 7214 West'n Union (a2) . 34% West'gh'se A B (1). 9412 Westingh'se El (4). Westvaco Ch t40¢ Wheeling Steel Wheeling Stl pf 32 White Motor White Rk M S(1.40) White Sewing Mch_ White Sew Mch pf_. Wilcox Oil & Gas Wilson & Co (50¢c) .. Wilson & Co pf (6). 44% Woolworth (2.40) . Z’W Worthington Pump Worth Pump pf A_. 7 Worth Pump pf B 62% Wright Aero . 63 Wrigley W ir (13)- 33% Yale & Towne (60c) !% Yellow Truck 4 Young Sp& W (3) ll% Youngs'tn Sheet&T 105 Y'gt'n S&T pf 34%- 11% Zenith Radio 5% Zonite Products. 4 6 24 1031y 66 42 19% 49 75 838, 1 121‘, 121% 121\1 23 36% 32% 35% + % 13 Amusu-usmunmx. 11 460,000 000 00 A M. - 0 P.M. 12:00 Noon. 1,090, 2:00 P.M Total Sales for the day 1.720,000 Divideno rates ss given in the above table are the oayments based oa the Iatest I.lflnfl! u s Unit of tradwug ling extras. 3 Accumulated llvldtnln nies n 19 51% +1% 25 a 331 + % 60 + " 57T + % 45% 30% T4+ ++ 1 +++++++ 14441411 +1 4+ TA+ 4441+ T+1+1 41 + o +1 4+ +2 +1 -2 +1 % | RELREEERR SEFPTETINET Ry e % e % 19% — &% W'qvl'g % + L 1f-yearly declarations 4 Annua) rate—not & Pald this year. receivership or beins 5 STOCKS SWEPT UP ON BROAD FRONT Prices Advance Fractions to $3 or More—Many New Highs Reached. Stock Averages 91.3 ‘4| 5 904 411 91.2 40.6 68.1 27.1 920 415 734 302 6.3 312 495 216 3438 175 239 169 1929 high.. _1459 1539 184.3157.7 1927 low.... 51.6 953 618 61.8 *New 1936 high. (Compilea by tne Assoctated Press.) 15 60 tnds mn» ot Stks 4 +3 +86 529 69.2 526 686 53.1 69.0 383 504 53.4 69.6 434 55.7 447 56.1 Net change. ‘Today, close Prev. day. .. Month ago._ Year ago. 1936 high.__ 1936 low. 1935 high.. BY VICTOR EUBANK, Associated Press Financiai Writer NEW YORK, September 8—With Labor day behind and high hopes ahead of a brisk expansion in Fall business, buyers swept prices up frac- tions to 3 or more points in today’s stock market, many to new five-year peaks. Despite late profit-taking, was firm. Transfers were 1,700,000 shares, the largest since the latter part of July. ‘The list got off at a fast clip, nu- | merous large blocks changing hands | on the opening advance. The pace slowed on occasional realizing flurries. Steel issues, out in front at the star virtually ignored the estimate of the American Iron & Steel Institute plac- ing current mill operations at 68.2 per cent of capacity, a recession of 3.3 points from the preceding week. It was recognized the holiday interval was principally responsible for the set- back. While the brightening econom: scene was cheering to speculative ar investment quarters, the foreign situa- | tion continued to act as a brake on e: treme bullishness. Outstanding on the upturn in stocks | were United States Steel. Bethlehem | Crucible, Sharon Steel, Chrysler, Gen- eral Motors, Auburn, Sears-Roebuck, Spiegel-May-Stern, American Telc- phone, Western Union, Consolidated Edison, Standard Gas, Peoples Ga< United Corp. preferred. Anacondz, Kennecott, International Nickel, Standard Oil of New Jersey, Du Pon Eastman Kodak, Westinghouse, Allied Chemical, Santa Fe. New York Cen- tral, Baltimore & Ohio. Delaware & Hudson, Paramount. Canada Dry. Col- lins & Aikman, American Locomotive and Bucyrus-Erie. the close around volume g NEW YORK COTTON By tne Associated Press. NEW YORK, September 8—Th~ Government report placing the in- dicated cotton crop at 11.121.000 bales, compared with last month’s indication of 12,481,000, took the trade by sur- prise and was followed by an excited advance of more than 3.50 per bale here today. December deliveries which had sold off to 11.49 during the morning shot up to 1227 or 78 points on active general buying. The rush of buying then tapered off somewhat and there were reactions of | 12 to 15 points from the best, but the market ruled 53 to 59 points net higher in the final hour. Futures closed sieady. 3 o 63 hisher. October L July = Spot steady; middiing. Cottonseed oil. Bleachable cottonseed strons. September. 1( 10 December. _10. March. 5 including d. 10:306: tracts, New Orl NEW ORLEANS. September X . —Cot- ton_tutures closed steady at net advance of 53 to 61 points Over, 1161 Jul\e - 1161 Cottonseed oil closed steady hl-uh prime Summ'r yellow n’ crude ‘Sept October. 10, 0Nb. December. ary 10.06b; March, 10.08b mbe 10.12b; Janu- Liverpool Quotations. LIVERPOOL. September & 4.000 bales: American_nil. March. 6.49: May. CHICAGO GRAIN Ey the Associated Press. CHICAGO, September 8.—Bulges of approximately 2 cents a bushel in wheat at Winnipeg. together with cotton market buyancy, led to her prices here for wheat late todayv. Violent storms in Western Europe were reported as delaying completion of harvest. Wheat yields much be- low a year ago in Europe were con- firmed, the Danube basin excepted. Wheat closed nerwous, 'sa% above Saturday's finish, September 1.113ga | 1113, December 1.10%a%; corn %a | 13; down, September 1.111;a%, De- cember 9433a%: oats aSs off. and provisions 2 cents to 12 cents up. ‘WHEAT—Open, High w 54 September 11105 15y 1000 1510kt December_ 1.10'2 1.113 1,093, 1.107,-% IMay __"_7 109 1110% 10083 1.08'3-% | . CORN— September_ 11! December 4 043 D0%-'2 112 ’.11!;: 111t 053y a4, 1% B3y OATS— September _ December _ ay = RYE— September December _ 4 4 3 BELLIES— September __ 13.25 Chicago Cash Market. Cash wheat, No. 1, red, 1.14%; No, 1 hard, 1.18%; No. 1 mixed, 1.14% No. 2 mixed, 1.14% ; corn, No. 1 yellow, 1.1413-1.15; No. 2 yellow, 1.14-1.15; No. 2 white, 1.30%; No. 3 white, 1.30; sample grade, 95-1.14%;; oats, No. 1 white, 46-46%:; No. 2 white cereal, 43%; No. 2 white, 45; rye, No. 2, 91; soy beans, No. 2 yellow, 1.25-1.30; No. 3 yellow, 1.29%: barley, actual sales, 80-140; feed, 70-85, nominal; malt- ing, 1.10-1.40 nominal; timothy seed, .16 hundredweight; new crop, X 90 hundredweight; clover seed, 15.00-22.0 hundredweight. - Baltimore Quotations. '@me'&.uw"flb:" 8 (P Whea' r garl S se. Sriely. et dwne;m