Evening Star Newspaper, September 9, 1936, Page 16

A—16 sexxnn FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, SEPTEMBER 9, 1936. RECEIVERS FINISH TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE WORK IN 21 BANK Six Institutions Pay Off Bet- ter Than 100 Per Cent in August. BY EDWARD C. STONE. Controller of the Currency J. F. T. ©'Connor has just announced liqui- dation of 21 bark receiverships dur- ing August, six of the institutions paying off better than 100 per cent, two others 90 per cent, two from 80 to 90, and seven from 70 to 80 per cent. The First National Bank, New Cumberland, W. Va., is the only one liquidated in the fifth Federal Re- serve district during the month, in this case the final settlement being far from 100 per cent. The total disbursements of the six banks which returned more than 100 per cent to all creditors amounted to $1,361,562. The August record of 21 receiverships liquidated makes a total of 441 receiverships finally closed or restored to solvency since the Nation- wide bank holiday in March, 1933. Total disbursements, including off- sets allowed depositors and other ereditors, exclusive of 42 banks re- stored to solvency, aggregated $122,- 766,970, or an average return of more than 74 per cent of total liabilities, while unsecured depositors received dividends amounting to 58.98 per cent of their claims, the controller's report shows. Vass Starts for Convention. George O. Vass, vice president and eashier of the Riggs National Bank, will leave Washington tonight for the A. B. A. convention at San Fran- cisco, at the same time combining the trip with his annual vacation. He plans to go through the Ca- nadian Rockies, stopping at all points of interest and including a steamer trip down to the coast to 'Fresco. A member of the Executive Coun- cil of A. B. A, Mr, Vass has also George 0. V done much com- mittee work for the association, serv- ice on the code committee and the committee on banking studies being two of the most important. He is the third Washington banker to start for the West Coast meeting. Seaboard Dividend Declared. The board of directors of the Sea- board Finance Corp., headquarters in the Southern Building, today declared the regular quarterly dividend of 50 | cents per share on the preferred stock. This dividend is payable Sep- tember 30 to stock of record Septem- ber 15. The National Stationers Association reported today that business in Wash- ington, Maryland and Virginia in July was 27.38 per cent better than in the same montn last year. This was one of the best records made in any part of the country. Eliot H. Thomson, Washington Yoan & Trust Co., will represent the District Bankers' Association at the convention at the National Adver- tisers Association at Nashville, the sessions opening on September 14. He is chairman of the Advertising Com- mittee of the local association. The eonvention devotes its time largely to financial advertising. PFrank M. Perley, trust investment officer of the American Security & Trust Co. sailed today on the S. 8. Manhattan for a short trip to Eu- yope. He is visiting England, Hol- land, Belgium and France and going | to visit a number of the banks in| London and Paris as well as the stock | exchanges in these two cities. Unemployment Gains Noted. Conditions in employment in the fifth Federal Reserve district appear to have improved further during Au- gust. Opening of tobacco markets, says the Reserve Bank of Richmond, in South Carolina and border markets in North Carolina on August 13 gave work to many tobacco handlers at warehouses, and tobacco manufactur- ing plants in the district set new rec- ords for output in July. Textile mills increased operating time, thereby adding to their em- ployes or to pay rolls of those already at work. Construction work provided for by permits issued in July was double the amount of work provided for in July last year, and contracts actually awarded in July were also very much above those awarded at the same time last year. Coal production in July was in larger amount than in most years at this season. On the whole, practically every activity in the district which employs labor has recently increased operations. Sales and Collections Climb. According to a survey just com- pleted by the National Association of Credit Men and the Commerce De- partment, total net sales of 568 manu- facturers throughout the country reg- istered an increase of about’ 33 per cent in July, 1936, from July, 1935, &nd 9 per cent over June of this year. Total sales increased in July, 1936, over the same month last year for all of 15 industry groups shown in the report. The increases ranged from 9.7 per cent for leather and its prod- ucts to 72 per cent for iron and steel and their products. Increases in July, 1936, sales over July, 1935, for stone, clay and glass products and motor vehicle parts also were high, each ex- ceeding 50 per cent. Percentages of collections on ac- counts receivable submitted by 517 manufacturers were higher for July, 1936, than for July a year ago but slightly under June of this year. Dur- ing July, this year, the manufacturers Feporting collected 81 per cent of their accounts receivable outstanding on the first of that month, as compared with 82 per cent collected during July last year, and 77.8 per cent collected during June of this year. The highest collection percentages twere reported by the meat packing industry, the figures for each of the three months covered exceeding 100 per cent, indicating that customers of the reporting meat packers took less than 30 deys on the average to pay for their purchases. Linocoln National Sells at 203. Lincoln National Bank stock ap- peared on the Washington Stock Ex- change board today for the first time this year when a small sale took place at 203. Riggs National Bank preferred also came out, selling at 100%. Railway & Electric preferred sold at 110% and Mergenthaler Linotype at PI'" 1036 Ml ‘nfl Low. Dividend Rate. llfl 110% Abr & Straus pf (7) 59 Acme Steel Co (13). 9% Adams Exp (a20¢)- 17% Ad: Millis(a76c) 1% Advance Rumiey 58 Alr Reduction (11). 2 Air-Way Elec Applii 13 Alaska Jun (160¢)-. 215 Alleg Corp (d) 12% Alleg pf wi3ow ( ) 12% Alleg pf wS40w (d). 1214 Alleg pf ¥w (d) - 27 Alleg pr pf (d) - % 26% Alleg Steel (11).. 245 157 Allied Chem (6) . 23 Allled Mills (ab0c). 6% Allied Stores 35% Allis-Chalm (1%) . 19% Alpha Port Cmt (1). 2% Amal Leather. Amal Leather pf $2. Amerada Corp (2) . Am Ag Chm Del(3). Am Bank Note (1) x Am Bnk Note pf (3)x Am Brake Shoe 1.60 lx' Am Brake S pf 5% 100- Am Car & Foundry. 31 AmChain._.. . 134 110‘. Am Chain pf ($8%). 102 87% Am Chicle (4) - 13% 73 Am Colortype 32% 20 Am Comcl ‘Alcohol . 82 164 Am Crystal Sugar__ 89 AmCrysS 1st p£(6) 81 Am Encaustic.. ... 63 Am & Foreign Pwr. % 25 Am & For Pw $6 pf. 29% Am & For Pw §7 pf. 12 Am & For Pw 2d pf. 13 Am Hawailan (1)... 5'% Am Hide & Leather. 3255 Am Hide & L pf (3). 37 Am Home Pr (2.40). 9% Am International . 23% Am Locomotive. ... 66 Am Locomotive pf_. 21 Am Mch&Fy (80c)- 10 Am Mch&Met a40c. 27 AmMetal . _.___ 7% Am Power & LlBhL 36% Am Pwr&Lt pf (5)- 43 Am Pwr&Lt pf (6)- 18% Am Radiator(alse). 233% Am Rolling M(1.20) 36 AmSafetyRn(2).x 18 Am Seating______ 25% Am Shipbldg (2) 56% Am Smelt&Ref (2)- 57% Am Snuff (13)- 20'3 Am Steel Foun 24% Am Stores (2)aeae 48% Am Sugar (2).. 17875 149'3 Am Tel & Teleg 19) 102y 87 Am Tobacco (5)-. 88144 Am Tobacco B (5 8% Am Type Founde: 19% Am Wat Wks a20c. 92% Am Wat W 1st (6) 7% Am Woolen = 54% Am Woolen pf(13). 3, Am Writ Paper (d)_ 4's Am Writ Pap pf (d) 313 Am Zine & Lead . 28 Anaconda Cop (1) 35 Anaconda Wire(2). 15% Anchor Cap (6U¢c)-— 15 9 Andes Copper _.__. 50 37 Archer-Dan-Mall 122 118 Arch-Dan-M pf (7). T4 4% Armour (lliinois) . 84 664 Arm'r(Il1)pr pf (6) x 623% 474 Armstrong C (13%). 15 T4 Arnold Const (50¢c). 8t Artloom Corp . 22 123 Asso Dry Good: 109% 103 Asso D G 1st pf 19 59 Atch To& S Fea2_. 903 Atch To&S Fe pf(5) 21% Atlantic Coast Line 11 At Guif& W Ind . 131 Atl Gulf&W Ind pf. 263 Atlantic Ref (1)__.. 48 Atlas Powder (12)_ 112 Atlas Powder pf (6) 14 Atlas Tack (ad0¢)-. 26% Auburn Auto 5% Austin Nichols_ 2915 Austin Nichols pf A 4% Aviation Coro (Del) 2!3 Baldwin Loco (d) . 29% Baldwin Loco pf(d) 2% Baldwin Loasd(d). 33% Baldw L pf asd(d)-. 157 Baltimore & Ohio-.. 21 Baltimore & Oh pf_ 118 110l Bang & Aroos pf(7) 8214 Barker Bros pt 14} Barnsdall O1l (80c) 16% Bayuk Cigars (75c). 85 Beech-Nut P (13)__ 13% Belding-Hem (1) 21% Bendix Aviat'n ( 20 Beneficial L (113). 45% Betn Steel 164 Beth St 5% pf(1) - 1073 Bethlehe Stl pf(7).. 23 Bigelow-San (1) 141 Blaw-Knox (40c) — 109% Bloomingdale p£(7) 167 BoeingsAirplane___ 41 Bohn Alum&Br (3) 39 Bon Ami (B) (2%4). 25% Borden Co (1.60) -—. 64 Borg-Warner (13)-. 6 Boston & Maine 12 Bridgp't Brass t40c 43% Brigss MIg (12) - 474 Briggs & Strat (3) .. 40% Bklyn-Man Tr (3) . 97% Bklyn-Man T pf (6) 413 Bklyn & Queens . 331 Bklyn & Qns p£(33). 443 Bklyn Un Gas (3).. 813 Brunswick-Balke. 87 Bucyrus-Erte__ no 107% Bucyrus-Erie Df(&) 15% 9% Budd (EG) Mfg__. 1 Budd 2d pd._Oct 16 85 Budd (EG) Mfg pf. 8% Budd Wheel . ___. 203 Bullard Co (a50c 11% Bulova Watch __ 25 Burr Ad Mch(160c). 21% Bush Terminal (d)- 2% Butte Copper&Zine. 16% Byers (A M) ... b4% Byers (AM) pf_... 22 Byron Jackson t1... 30% California Pkg(1%) % Callahan Zinc 6 Cal& Hecla (a50c).. 30 Campbell Wy (t1)_. 10% Canada Dry G A_... 10% Canadian Pacific__ 37 Cannon Mills (a2) . 12% Cap Adm (A) a50c_. 6% Carriers & Gen 20c- 9214 Case (J I) Co. 54% Caterpillar Trac(2) 21% Celanese Corp a50c- 19 Celotex Corn 54 Celotex Corp p! 25% Cent Agulre (11 5’ 35 Central RROfNJ_ 58 47% Cerrode Pasco (4)_ 19% 8% Certain-teed (new) 583 58l Certain-teed 6% pf- 105% 80% Certain-teed 7% pf- 21 19 ChampPap&F (1). 104% 101 Champ Paper pf(6). 69% 51 Ches & Ohto (2.80)- 1% Chi & East Ill (d) __ 2% Chi & Kast 111 pf(d) 1% Chi Grt West (d) ——. 4 Ch1Grt W pf (d)... 6 Chi Ind&Lou pf (d) 1% Chi Mil St P&P (d). 2% Chi M St P&P pt (d) 2% CRI&NW (d) . 6% Chi & N W pf (d) .. 12% Chi Pneumatic Tool 40% Chi Pneu Tool pf-_. 3% Chi RI&P 6% pf td) 3% Cht R I&P 7% pf(d) 19% Chi Yellow Cab (2). 20 Chickasha CO (2).. 7 ChildsCo_. 86% Chrysler (a6%). 15% City Ice & Fuel (2). 72% City Ice&F bt (6%) 28% Clark Equip (1.20)- 90 Clev CC&St L pf (5) 83 Clev Graph Br (t1). 82 Clev & Pitts (3%)__ 48 Clustt Peabody (1) Cica-Cola (2) S Coma-coin A 18 Colgate-P-P (50¢).. 58% 39% Collins & Alk t3.... 112 107% Collins & Alk pf (7) 28% 8% Colonial Beacon.._... 3% Colo Fuel & Ir (d) 126% 30 541 103 469 T 6% 1 16 Colo & South 2d pf.. 14 Columb G&E (a20c) 90% Col G & E pfA (6)-. 31 Colum Plet vte (11) 44 Comcl Credit (14) .x 56 Comel Invst Pr (4)- 123 110% Comel 1 T cv pf (6). 24% 14% Comecl Solv (60c) ... e Direct to The Star, Bales— Add 00. High, Low. Close. Chge. B0s 111% 111% 111% 1 6 641 64l 13% 13% — 21% 21% — 2% 6% 254 215 541, 934 59 41% 1% 61ty 138 126 o lOl b ) 1% 611 61% 138 138 6 126% 126 49% 48 48 56% 56% 56% 13314 133!3 133%s 102 102% 11% 11% 27% + 2T% 30 30 98 ++ +l4’lll++ +1+++101+) EF F FFEIEEF FEFSIEEEE F¥ (N — & 1+1i+11 T+ Li++1 0441 I+44+4+4+41 l: :_ O FFEFFEIELIE 4n 4% 21% 69% 29% 40% 13 11%" 35% 17% 12t 511 15% T 157 157% 2% T2% 26% 30 80% [} & s - & F s 8% 1041 103 104% 2 19% 19% 19% 508 103% 103% 103% 67% 67 7% + % 84% — % 81 16% 14% 4% - 4% 22 58 56% b56% —1% 108 111% 111% 111% + % 10s 274 27% 27% — % 2 ‘o Con o = 29 29% — 29 29 29 31% 31% 31% — % 29% — % 214 — % 5106 105% 105% 5 3T% 37% 3Tk 38 79 8% T8M — % 9 81% 80% 80% — % 1122“ 122 122 +% Net | High, Prev, 1036 Stock and Low. % 27% Consol Edison (2) 15% Cons Film pf 3% Consol Laundri: 114 Consol Oil (60¢) - ... % Consol Textile (d) 2 Cons Coal (Del)vte. 12% Cons C (Del) pf vto. 15% Contalner Corp (1), 10% Contl Baking (A) 15 Contl Baking (B)... 67% Contl Baking pf (4) 674 Contl Can (3) __ 17% Contl Dia Fibre(2)- 351 Contl Insur (11.20). 214 Contl Motors 2814 Contl Oil of 27 Contl Steel (2).. 55% Corn Ex Bk&Tr 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% T4 Crown Zelleb'k vic.. 28 Crucible Steel ... 13 Cuba Co.. 10% Cuba R R pf. 64 Cuban-Am Sugar. 6313 Cuban Am Sug p! 167% Curtis Publishing.. 60 Cushmanspf (3%). 43% Cutler-Hammer t1. 7% Davega Stores t306. 52 Deere & Co 19% Deisel-We! 36% Delaware & Hudson 14% Del Lack & West___ 43 Den&Rio GW pf (d) 153 128 Detroit Edison (t4) 38 Dia Match pf 1% - 18% Dist Corp Seag Ltd. 41% Dome Mines (12) .. 7% Dominion Stores __ 50% Douglass Alrcraft_. 29 Dresser A (bl%)_—. 13 Dresser Mfg B_ 47 Dunhill Internatl._. 13% Duplan Silk (1) 167% 133 Du Pont de N 13. 115% 111% Dugquesne Lt 1st (5) 9% 5i4 Eastern Roll Mills. 185 156 Eastman Kod (15) 166 152 Eastman Kod pf(6). 37% 28% Eaton Mfg (2)._.. 13 5% Eitington-Schild 44% 30% Elec Auto L (al.40). 110% Elec Auto L pf (7). 34"& 61l 117% 5% Elec&Mus In(b2ic). 6% Elec Pw & Lt_ 2915 Elec Pw & Lt 32% Elec Pw & Lt $7 pf 42% Elec Stor Bat (12).. 13 Elk Horn Coal (d) ... 48 Eng P S$5.50 $4.40_ 5% Equit Office B a20c_ 11% Erle R R 2d pt 12 Eureka Vac C (80c) 23'% Evans Products (1) 2% Fatrbanks Co._. 813 Fairbanks Co p 34% Fairb'ks-Morse( 315 Fajardo Sugar (2) . 18% Federal Lt & Trac 84 Fed Lt& Trpf (6)_. 7% Federal Mot Tr 40c. 3 Fed Screw Works__ 214 Fed Water Sve (A). 38 Fia Phoe F 1 (11.20) 110 Filene's S pf (63%) .. 247 Firestone T&R 1.20 40 First Nat Strs (23) 32% Flintkote Co (1) .__. 25% Florsheim(A) (t1)_ 37 Follansbee Bros (d) 32 Food Machine (1) 24% Fost Wheeler new_. 95% Foster-Wheeler p 3014 Fourth Nat Ial.45_ 63 Frank Sim pf (17) _. 2314 Freeport-Texas (1). 47% Fuller Copr pf—. 311 Fuller Co 2d pf.. 3% Gabriel Co (A).. 11% Gamewell Co 105% 105% Gannett cv pf 123 8% Gen Am Investors._. 63 42Y% Gen Am Trans1%._. 34% 21 Gen Asphalt (b25c) 14% 10% Gen Baking (60¢c).. 1% 714 Gen Bronz 5% Gen Cable. 17 Gen Cable A. 70% Gen Cable pf_ 5215 Gen Cigar (14)_. 150 140 Gen Cigar pf (7). 48% 3414 Gen Electrie (1) ... 43% 33% Gen Foods (1.80) 4% 7% Gen Gas & Elec (A) 49 14 GenGE&E 6%cvpfA 70'; 58 Gen Mills (3)__ 123 1171% Gen Mills pf (6) 72% 537 Gen Motors (12)_ 1223, 118 Gen Motors pf (5) 10's 5% Gen Qutdoors Adv 48% 18% Gen Outdoor Adv A. T2 38 Gen Print Ink (12)-. 315 Gen Pub Service __ 321 Gen Ry Signal (1)_ x 2 Gen Realty & Util__ 331 Gen Refrac 1al%). 17 Gen Theatre Equip. '~ 30% Gen Time Instr'm’t. 13% Gillette Saf Raz (1) %0 Gillette SR pf (5)-. 6% Gimbel Bros 39% Glidden Co ( 3% Gobel (Adolf) g 67 Goebel Brew (+20c) 12% Gold Dust vtc (60c) 13% Goodrich (B F)__ 78 Goodrich (B F) pf. 21% Goodyear T & R__. 87 Goodyear $7 pf (4)_ 8% Gotham Silk Hose 77 Goth Silk H pf (7) 2 Graham-Paige_ 1% Granby (24 stpd). 3% Grand Union ctfs__. 16 Grand Un pf $87%c. 241 Granite City Stl (1) 281 Grant (W T) (1.40) 32% Grt Northern pf.__. 16 Grt North'n Ore (1) 31 Grt West Sug (2.40) 22 Green (H L)Co(t1) 48% Greyhound C'p 3.20. 1% Guantanamo Sugar. 24 Guantanamo Sug pf 9% Gulf Mobile & N___. 30% Gulf Mobile & N pf. 28% Gulf States Steel . 122 105 Gulf S Stl1st pfil4 34% 30 Hackensack W(1%) 37 33 Hack WpfA (%) 11% 6 Hall(WF)Printing. 21% 14 Hamilton Watch __ 119 109 Hamilt'n W pf 8% 105% 100 Hanna (M A) pf (5) 30% Harbison Walk(2).. 12 Hat Corp of Am (A) 4% Hayes Body. 102 Hazel Atlas GI (15) 25% Hercules Motor (1) 126 Hercules P pf (7). 108 Hershey C nf (14) 3014 Holland Furnace__ 108 Holland Furn pf(5) 9 Hollander (t50e).. 19% Holly Sugar (2) 22% Hud-Hersh(B)t1%. 54% House Fin A (13).. 6% Houston Of] vte... 48% Howe Sound (13 3% Hudson & Manha 13% Hudson Motor Car. 1 Hupp Motors. 18% Illinois Central.. 30 Illinois Cent pf (A). 4% Indian Refining. 25% Indus Rayon (1.68). 88% Inland Steel (3)__ 6% Inspiration Copper. 5% Ins Sh Md ctfaldc. 11% Interboro R T (d).. 9% Interlake Iron..... 2% Int Agricultural___. nwu 160 Int Bus Mach (16)-. 56% 85% Int Cement (2)_ ... 90% 56% Int Harvester 2% _. 5% 2% Int Hydro Elec (A). 57 43% Intl Nickel (1.40)... 130 125% Int Nick(Can)pf(7) 7% 3% Int Paper & Pw (A) 3% 1% Int Paper & Pw (C) 45 20% Int Paper &t Pw pf_. 44 37 Int Print Ink (1.80) lll'& 107 Int Print Ink pf(6). 3% Int Ry Cent Ame: Gsn 19% Int Rwy Cent A nt_ IN- 15 IntSilver_ 10% Interstate Dept Str. 15 Intertype Corp (1) 24% Island Creek (2) .- Dividend Rate. Add 00. High. Low. Close. Chge. 65% Consol Cigar pf (7). 20s 78% 78% 73% —1% 64 44% 43% 43% — % 1 106% 106% 106% —1% b | 4% 65 - bl 1T 1T% — % 6% 12% Y | VRS S OFRTEER 163 163l 113% 113% 8% 84 — W 176 176% —1% 161 161 36% 36% 12% 424 113 13% 4|++|+ EEEe +11 ErE + 1011+ & OFEFEFFE X +1 © Fxs 5% F& 4 20s 1414 ++ 011 - &8 EFEE 28 44+ 0 eBammosn & 43% — 4% + TTE 141% + % 24 24% 110% 111% »l‘m 12 39 66 #}‘#f"f}‘ 22% - % 17% 53% +1% 4 584 +2% 10s 129% +T% L 2% + % 10s 4 3 10 1 20s 80s 19 1 ld 16% 16 12 12!‘ l:% 12% — % I 151\6 166% 1m % 1130 130 130 1 5% 5% Bu-—% 4 1% 1% 1h-% 54 42% 41% 41% — % 2 38% 38 381 +1k losuiz 1z 11z 4% 408 7T+ % 4“ 42 1% + % 63% + % 12% — % 25% — % 20 27 Prev. 1036 Low. 18 Kelsey-Hayes (B).. 3 14% Kelvinator (160¢).. 87 Kendall pf A (16).. 28% Kennecott C (1.20) - 17% Keystone S&W (2)- 37% Kinney (G R) Co—. 30 Kinney (G R) pf... 28% 201 Kry nou 101% Kresge (S S)pf(7) x 90. 102 35% Kress(SH)&Co new 43% 19% Kroger G&B (1.60). it 15% Lambert Co (2).... 25 18 12 Lee Rub&Tire(50c). 2 13% 15% Leh Port Cmt a25c.. 94% Lehigh Por C pt (4) 2 Lehigh Valley Coal. 9% Lehigh Val Coal pt. 814 Lehigh Valley R R 89 Lehman Corp (13).. 12 Lehn & Fink (13%)- 87% Lerner Stores (2)... 47% Libby-Ow Gl(a2%). 7 Libby McNeill & L. 25 Life Saver (1.60) ... 97% Ligg&Myers B (14) 19 Lily Tulip Cup(1%) 257% Lima Locomotive... 36 Link Belt (11.20) .. 321% Liquid Carb(1.60).. 43 Loew's Ine (12) ___ 10!% 104% Loew's Inc pf (6%). Loftlne ... 3% Long Bell Lum (A). 40% Loose-Wiles (2) ... 21% Lorillard (P)(1.20). 13 La Ofl Ref pf (d)__. 20 Loulsv GEEpfA 1% 57% Lou & Nash (a4%). 22% Ludlum Steel (1) 29 McCall Corp (2)aae. 12% McCrory Stores.... 16 McGraw Hill Pub__ 39% Mclntyre Porcu (2) 85 McKeesp't T P (14). 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) - 7 Mandel Bros. 14% Man El md gtd (@- 17! Manhat Shirt (60c). 2% Maracaibo Oil Exp_. 813 Marine Midld (40c). 214 Market St Ry 2d pf. 18% Market St Ry pr pf- 41 Marlin-Rock (12) 11% Marshall Field & Co 615 Martin Parry 27% Mathieson Alk 1% .. 43Y% May Dept Strs (2) .. 2 106% 50 Mengel Co 40% Mesta Mach (a: 5% Miami Copper 17% Mid-Contl Pet a ™ 21% Midland 8 Prod (1). 131% 110 Mid Stl 1st pf (8) .- 98 65 Minn-Hon Ros 11%. 12% 6% Minn Moline Pwr. 1% % Minn &St L (d) . 5% 214 MStP&SS M pf 69 2% MStP&SSMIisin. 9% 5'2 Mo Kans & Texas_.. 32% ul, Mo Kans & Tex pf . 4 21 Missouri Pacific(d). 7% 3% Mo Pacific pf (d) __ 19% Mohawk Carpet (1). 79 Monsanto Chem(t1) 35% Montg'y Ward §0c.. % Mother Lode 28% Motor Prod (12) 15t Motor Wheel (1) ___ 11% Mullins Mfg (B) . __ 70 Mullins Mfg pf (7). 21 Munsingweara2i 14 Murray Corp. 15 Nash Motors (1) . 20'% Nashv Chat & St L. 12'5 Natl Acme (a25¢c).. 913 Nat Aviation _ 311 Nat Biscuit (1.60) 153 Nat Biscuit pf (7). 21% Nat Cash Reg (50c) 21 Nat Dairy P (1.20) - 108% Nat Dairy P pf A(7) 10 Nat Dept Stores___. 25% Nat Distillers (2)__ 26% Nat Lead (t50c)--. 9% Nat Pwr & Lt (60c) s Ry Mex 1st pf_. 57% Nat Steel (1% ). 19% Nat Supply Co-.... 10% Natomas (180¢c) _. 41 Newberry (JJ) 240 9 Newport Industries 3215 N Y Airbrake aS0c.. 27% NYCentral RR.__. 17% N Y Chicago & St L. 361 NYChi&StLpf._ 108 143 7% NYNH& Hpt (d)_ T 4 NYOntario& West 15% 9% N Y Shipbuilding-.. 82 57 N Y Shipbldg pf.. 100 83 NY Steam pf (6)__. 27y 1's Norfolk Southn (d) 300 210 Norfolk & W (18)__ 10% 6% North Am Aviation. 35'2 231 North Am Co (1) 3¢% 237 Northern Pacific___ 173 1214 Ohto Ofl (56e) . 54% 24% Oliver Farm Equip. 25% 17 Omnibus Corp vtc_. 14 8 Oppenheim Collins_ 32% 241 Otis Elevator (60c). 203 1215 Otis Steei___. 96 70 OtisSteelprpf.___. 164 128 Owens-Ill Glass (5) 17% 13 Pac Am Fisher (1)- 17 M 41 4% Pacific Coast 2d___. 30% PacificG&E (1%). 58% 47% Pacific Ltg (2.40) ... 19% 14% Pacific Mills__ 13912 118 Pacific T& T (a5)- 152 140 Pacific T&T pf(6)__ 18 11% Pacific W’'n Oil b25e 67 Packard Mot(a25c). 1% Panhandle Pro & R. Ty Paramount Piet__.. 59 Paramount 1stpf__ 8% Paramount P 2d pf. 17% Park & Tilford 2% Park Utah __ 40% Parke Davis (a1%). 23 Parker Rust P13%._. 414 Parmelee Transp't.. 6% Pathe Film Corp. 10% Patino Mines 1% Peerless Motor 69 Penney(JC) (a2% 3% Penn Coal & Cok: 4% Penn Dixie Cement. 17 Penna Glass ctf: [ » P13 PO YA o a 12% PetC'pof Am aslc x 10% Pfeiffer Brew (1.20) 25% Phelps Dodge a75c- 45% PhilaCo 6% pf (3). 3% Phila Rap Tr (d)__ 8% Phila Rap Tr pf (d) 1% Phila& Read C& 1 66 Phillip Morris (3) 7% Phillips Jone: 3814 Phillips Petr 4# Phillips P rts Oct 5. 5% Phoenix Hosiery.... 8 PierceOllpf ... 1% Plerce Petroleum__. 30 Pillsbury F1 (1.60). 35% Pitts Coal pf__ T34 Pitts Screw&B 50c_ 49 Pitts Steel pf__. 3 Pitts United Corp_ 21 Pitts& W Va. 11% Plymouth Oil ) 15 3 1% Porto R Am Tob B_. 2% Pressed Sti Car (d). 18 Pressed Stl C pf (d) 40% Proct & Gam(t1%). 122% 117% Proc & Gam pf (5)_. 49% 39 PubSve NJ (2.40)_ 113 103% Pub Sve N J pf (5)- 58 36% Pullman Ine (1%)— % 118 133% 103 Pure O118% pf..... 17% 9% Purity Bakeries 0o 14% 9% Radio Corp.. 80 68% Radio Corp pf At% 9% 5 Radio-Keith-Or {d) 19% 11 R R Sec I1l Cent. 35% Reading (2). 9% Real 8ilk Hosiery.. 12% Reliable Stores __.. 17% Rem Rand (160¢c).. x 19 21 Rem-Rnd6% pfl%x 1 4% Reo Motor Car..... 428 16% Republic Steel.._.. 77 Republic Steel pf__. 78% Rep Stl pr of A (6)- Dividend Rate. uaoo.mmmmmm.. m-; o, AT%h 4T% — % 19% 5 39% 106'& 20% 34 46 42 5814 106% 106% — 2% 2% 4% 40% 22% 31 29 92% 34 107% 101 107 344 46 + 42 5814 — FEPE FEF FREFFE 4% 40% 22% 31% 29 I+4++401 1144 1+ Fesr sssos sese’ L £5 &k o T4+ 4++ 4+ EEEEE Lk Freyg ¥ e EFEREEE ITtr++1101 EFE WIELFFEESE + - 16% - % 1% + % 'uu +1% -% 13% - % 2‘%+ bl 4 108% msu 1oau - % 8% + % | 18% lB“ 18% 150 51 408120 120 120 +1 |incluing 16 + % | b Pasd 1ast ear, d Companies revoried i recetversnip o7 beins | %41e3 Were up 7.5 Per cent; 8 months 50 -1% 1 25% 25% 26 3 110% 110% 1104 — % pfl?fi‘m Rate. Riaoo. High. % 256 Reynolds Sprg (1)~ 33 59 Reynolds Tob (3)... 50s 61 50 Reynolds Tob B (3) 7 56% 19% Ritter Dental 28% 5% Rutland R R p! 6% 27 Safeway Stores (2). 3015 22 8t Josepr Ld (80¢). 1% St L-San Fran (d).. 2% St L-San Fr pf (d)_ 7% St L Southw’n (d) . 11 Savage Arms._. . 37% Schenley Dist a7bc. 1% Schulte R Strs (d) .. 5% Schulte R S pf (d) .. 7 Seaboard Air L (d). 2 BSeaboard A L pf(d). 30% Seaboard Ol (1) 31 Seagrave Corp._. 59% Sears Roebuck (2) 61% Sec Nat Inv pf $2.90 15% Servel. Inc (60c) . 20% Sharon Steel Hoop... 4% Sharpe & Dohme ... 43'% Sharp & D pf (3%). 114 Shattuck F G (50c). 30% Sheaffer Pen (2).. 14% Shell Union Oil __ 124 110% Shell UnOfl pf 6%.x 1 14% 8% Silver King (60c) __ 9 40% 19% Simmons Co (a50¢) 22 6% 3l Simms Petrol...... 2 31% 19% Skelly Ofl__ - 2 1 s 1 132 112 Skelly Oil pf(17%). l?,g 65% Sloss-Sheff pf(a3ls, 20, 47y Snider Packing _ 2 21% 12 Socony-Vac O (50¢) 95 1315 114 110 Solvay Ampf (5%). 3 112% 112% % 3% So Am G & P(a20c). 9 5% 5l 35% 26 So Port R Sug(t2)._. 34% 3415 32% 25 South Cal Ed (1%). 31% 31% 44% 2315 Southern Pacific_ 43% 434 24 12% Southern Railway.. 231 19 Southern Ry pf. 403 6% Spalding (A G) 9 5% Sparks- Withingt 67 Spear & Co 15% Sperry C'p vte (a. 13% Spicer Mfg______ 63 Spiegel-May-S (3 99 Spiegel-M-S pf 635 21% Square D(B)a62iie. 14% Stand Brands (80c) 9% Stand Com Tobacco 5% Stand Gas & El () 913 Stand G&E $4 pf (d) 24% Stand G&E $6 pf(d) 26% Stand G&E $7 pt (d) 2 Stand Inv Corp____. 35 Stand O of Cal (11). 32% Stand Oil of Ind t1. 51% Stand Oflof NJ (11 24% Starrett(L $)11.40_ 65 Sterling Prod (3.80) 2% Sterling Secur (A) - 16 Stewart Warn(50c). 14% Stone & Webster._ 914 Studebaker Corp_. 72 SunOfl (t1)___ 27 Superheater (50¢)-. + % = =% +1 23 Sutherlnd Pap t1. 6% Sweets Co of Am___ 20% Swift & Co (1) 28% Swift Intl Ltd ( 1% Symington (d).- 6% Symington A (d)__. 6% Telautograph (60c) 5% Tennessee Corp 287 Texas Corp'n (11).. 33 Texas Gulf Sul (2)_ 7% Tex*Pac C & O a2c. 91 Tex Pac Land Trust 3374 Thatcher (1) 8% The Fair__ 89 The Fair pf (T 815 Thermold Co _ 3% Third Avenue - 81 Thomp'n(JR) (50¢). 24% Thomp'n Prod a60c. 47 Thompson Starrett 14% Tide W Asso O 60c x 121 Timken Detroft(t1)x 56 Timken Roll B (12) 11 Transamerica t40c. 147 Trans & Westn Air_ 10% Transue &W (t60c) . ' Tri-Cont Corp a2sc.. 93 Tri-Contl C pf (6) 111% 111 Tri-Contl pf(6)cald 8t 4% Truax-Tra Coal .. 2213 20th Cent Fox Film 31% 20th Cent Fpf 1% 8% Twin City R T_ 65% Twin City R T pf-. ++ #0101+ 440 L+l P+ 74% Und-Ell-Fisher (3)_ 3814 Union Bag&Pap (2) 71% Union Carb&C 2.89 20% Union Ofl of Cal (1) 149% 1081 Union Pacific (6)___ 90% Union Pacific pf (4) 22% Union Tank C 1.20.. 20% United Afreraft___. 13 United Air Line vtc. 16 United Am Bosch 24% United Bise (1.60)-. 5% United Corp._ : 40% United Corp p! 10% United Drug (a50c) 15 Utd uyawood (al%; 4 United Elec Coal ___ 321 UnitEng & F (2 66% United Fruit (3)_ 14% United Gas Imp (1) 2 U S Distributing___ 10 U S Distributing pf 13 US& For'n Secur_. 24% U S Freight (1) 87 U S Hoffman_ 49 U S Hoffman pf 2 31% U S Indus Alcokol . 54 U S Leather vtc 10% U S Leather A v 21%; US Plpe & Fy. (I‘A) 75 U S Realty & Imp_ F+++ 00100 THLll++00+ 0 © ¥ A U S Rubber 1st pf__ 72% U S Sm & Ref ( 6612 U S Sm&R pf (3 46% U S Steel 140% 115% U S Steel pt (4) 144 131 U S Tobacco (15) % 5 United Stores (A)_. 93 67% Unit Stores pt (33)- 8414 57% Univ Leaf Tob (13) 165 153 Univ Leaf T pf (8). 115 50 Univ Pict 1stpf__ 7 3% Util Pwr & Lt (A 2% 1 Vadsco SalesCorp.. 50 30 Vadsco Sales Co pf. 27% 16% Vanadium Corp 116 110% Van Bal 1st pf (' 8% 44 Va-Car Chemical_ .. 48% 28% Va-Car Chem 6% D! 131% 114% Virginia Ry pf (6) . 10% 5 WabashpfA (d). - 18 9% Waldorf Sys(11.20) 34% 30 Walgreen Co (2)--. 118 115 Walgreen pf (6%)-. 40 2614 Walker (H) (2) 19 17% Walker (H) pf 10 5% Walworth Co._. 29% 10% Ward Baking A 4% 2% Ward Baking B____ 14% 9% Warner Bros Pict.. 2% 13 Warner-Quin (d) 10% 4% Warren Bros.. - 26 15% Warren Bros cv pf_. 29% 21 Warren Fdry&P(1). 29% 19% Waukesha Mot (1) 11% 6% Webster Eisenlohr. 2% 1 46% 33% Wesson O&S(150c) 106 91% West Pa Elec A (7) 101 87~ West Pa Elec pf (6) 110 96 West Pa Elec pf (7) 116 111% West Pa Pwr pf (6) 124 8% Western Maryland. 15 Western Md 2d pf. 2 Western Pacific_.. 5% Western Pacific pf_. 7213 West'n Union (a2) .. 34% West'gh's 9413 Westingl 19% Westvaco Ch t40c Westvaco Ch pf (5). s ses w8 FEER FEFEF ES 2% 107 +1% 101 + % 107% 107% + % 116 10% — % 18% — % 2% + % 13% White Rk M S(1.40) 3% White Sewing Mch_. 16 White Sew Mch pf_. 6% Wilson & Co (50c) .. 70 Wilson & Co pf (6)- 44% Woolworth (2.40)__ 231 Worthington Pump 56 Worth Pumppf A_. 2 9% 69! 106% 102 106%% +3 625% Wright Aero__ 65% 65% 6 — % 63 Wrigley Wir (t2).. 2 8% Yellow Truck. ... 41 204 19% 20 + % 83% Yellow Truck pf. 10s 141 141 141 —2 42% Young Sp& W (3)_. 6 50% 50 50% — 41% Youngs’'tn Sheet&T 43 84% 834 83% — % 122 105 Y'gt'n S&T pf $4%- 1121 121 121 - % 39% 11% Zenith Radio. - —eee. 7 86!- 35% 36 + % 9% 5% Zonite Products... 3 7 14 | Approximate Sales of Bu&s-mfl.!.sb&hm 11:90 AM...———. 480,000 12:00 NOOR....... 840,000 1:00 P. M. 1,080,600 2:00 P.M. . - 1,820,000 * Total Sales for the day, 1,570,000 Dividena rates s given in the above table are the annual cash oayments based on the latest quarterly or balf-yearly declarations. s Unit of trading less than 100 shares. ¢ Annual rate—not extras. _$ Accumuisted dividends. s Pald this yesr. :-um-\u. FEFE OFRE E FENEF FINANCIAL. STOCKS IRREGULA " AT END OF SESSION Recent Leaders Depressec by Realizing, but Few Gain Moderately. Stock Averages 185 Net change-—5 —.3 Today, close. 90.8 91.3 918 68.7 920 734 o ot -3 -3 528 689 529 69.2 532 694 388 509 534 69.6 434 65.7 1935 high... 76.3 312 44.7 56.1 1935 low... 495 185 216 3438 1932 low.... 175 8.7 239 169 1929 high...146.9 153.9 184.3 157.7 1927 10W.... 51.6 953 618 618 412 415 411 275 415 302 (Compiled by the Associated Press.) BY VICTOR EUBANK, Associatea Press Financial Writer. NEW YORK, September 9. —Effort, to stimulate a further upturn in the stock market met with resistance to » day and profit takers chipped sub stantial chunks off some of the recen leaders. At that, it was not a one-way ses sion and a number of issues managet to emerge with moderate gains, The ‘close was irregular. Transfers wern around 1,600,000 shares. Brokerage commentators attributec the day's ragged performance largel; to technical influences having to d with the recent brisk advance. There was no change in optimisti economic prospects. On the othe hand, the European scene was observe: , with some misgivings. Commission houses with foreign con nections reported purchases of high grade American securities fron London. Midland Steel Products stepped u) when the directors voted a disbur: ment of $1.25 a share, against 25 cent paid in the previous quarter. Others about unchanged to as muc as a point on top included Otis Stee Youngstown Sheet & Tube, Repubii Steel, J. C. Penney, Allied Store: ‘Woolworth, Consolidated Edisor Radio, Peoples Gas, Du Pont, Good year, Northern Pacific, American Typ Founders, Budd Manufacturing, Kel { vinator, American Locomotive, Johns * | Manville, Corn Products, Chicag Great Western preferred, United State | Rubber, Canada Dry and Sparks With ington. NEW YORK COTTON By the Assoctated Press. NEW YORK, September 8.—: | further advance of 8 to 10 points & | | cotton during today's early tradin was followed by reaction, but priee firmed again later on a renewal o yesterday’s buying movement. December, after selling off fron 12.25 to 12.00, was ruling around 12.2 in the midafternoon market, with th | general list showing net advances a 6 to 10 points. Futures closed barely steady, 4 to 1 lower. | Qetober uly 1 Spot” quiet; middling Liverpool Quotations. L L. September # (#).—Cotton )00 bales. _including 1,500 American Dot _quiet: Drices 38 poinis bigher, Quo tat st ‘middiing stri iow middiing. tr 6.17; good ordinary. 5.8 Steady. October. 6.59: De g J anuary 6.50; ‘March, 6.48 Siay. 6.45: July. 6.90. New Orleans Prices. NEW ORLEANS, September 9 (P— Cotton futures closed barely steady a net declines of 1 to 15 October December ady 13 " Doints 10w mjdditng 3T ; sood middling. 12.08; stock Cottonseed oil closed steady: bleach able prime Summer yellow. 10.2 Prine "crudle, B0t September. 10,105 October. 10.10b; December. 10.10b; Jan vary "~ '10.10b: ' March, 10.15b. May 10.1%b. ~ b—Bid. CHICAGO GRAIN By the Associated Press. CHICAGO, September 9.—Report: that Ohio points were offering corr to the East at 5 cents under a Chicagt parity did much today to drag grair prices down. Another discomcarting factor wa: announcement Chicago Board of Trad¢ | directors had refused to exclude Ar- gentine corn from being tendered or future delivery contracts here. Tht directors stated they were withou! power, inasmuch as grain standard: are fixed by the Federal Government Corn closed unsettled at the samut as yesterday's finish to 112 cents lower September, 1.10'gal.10';; December 94%a94%; wheat l,a% down; Sep: tember, 1.11%gal.lll; December 1.1035a1.10%%; oats, %;a% off, and pro- visions unchanged to 15 cents down. WHEAT— Open. Low. | Close, September 1.13 E: 1% 1.11%-% December 1. b 5 110%- May _ -_ 2 109" 1.09- CORN— September 1.1 1.10%-4 RYE September December May September January BELL! September Chrluco Cash Cash wheat, No. 1, No. 3, mixed, 1.11%; corn, No. 2, mixed, 1.13; No. 1, yellow, 1.13-1315; No. 2, yellow, 1.12%-13%; No. 3, white, 1.27% lake billing; sample grade, 108%-11; oats, outside weight, No. 1, white, 46; No. 2, white, 45%, outside weight; No. 2, white, 44%; No. 3,, white 43%-44%; no rye; bars ley, 1.33-41; feed 70-85, nominal; malting, 1.10-40 nominal; timothy seed, 5.90-6.15 hundredweight; new, 5.65-90 hundredweight; clover seed, » 15.00-22.00 hundredweight. Liverpool Wheat Prices. LIVERPOOL. gt fuiaTVER] qSeptember 9 (P.—Wheat H October___ 1 December = 1'13 3 “Exchange, %8 Baltimore Quotations. BALTD(DBB Septembe (. —Wheat, 9 No. 2. Ted. Winter, gariick 1.12: September. 1 T “""“"__ Woolworth (F. W.) Co.—August up 5.3 per cent. A SR I