Evening Star Newspaper, September 10, 1936, Page 18

FINANCIYAL.’ FINANCIAL. CA—I8 kkwk THE EVENING STAR, WASHINGTON, D. C, THURSDAY, SEPTEMBER 10, 1936. ALB.GMIES TRANSACTIONS ON THE NEW YORK STOCK EXCHANGESONSNOIEUP - GET CERTIFIGATES ON BROAD FRONT Net mvu-naln-. Auoo.mu'mu.an @igh. Low. 34! 12“ 1% Broderick Address Heard Climb Fractions to Point Low. Close. Chge. 63% 63% —1% Dinigend Rate. mmmmmm e Low. Diviaend Re 8S&W (3). 67 21% +1% | 58% 50 Mnddl'l‘obl(l) 183% Kimb Clark (150c)-x 1 20 20kt s| don 52 Beamsre coreec ). lluu (gmg:._ 5 ‘:'A : . 10% 5% Rutland R R pf-_. 5 e % 41% +1%| 35% 27 Safeway Stores (3) zouxu-n(u) (11)-. 21% 2% 112 108 Sateway Strs pf ( 42 42 -1 | 20% 22 St Josepr Ld (80c). 1% St L-San Fran (d) .. 2% St L-San Fr pf (4)— 18 StL Sown pf (d). W.M Low. Close. th 12 87 56% — 14 2 45% 45 45% + % 'Ih ‘V. T +1 W Prev. 1038 High. Low. : 74% 59 Acme Steel Co (13). 5 - ao- 110% llmo 110% + % 26% 28% +1% ~e 35% Kress(SH)&Co new 19% Kroger G&B (1.60).. 15% Lambert Co (2) ... 12 Lee Rub&Tire(50c). 20% — % 18% + % 12% — % 2% 5% - MK cnnhm-N(Ln). 9 % 34% + % After Chapter’s Annual 16 Congress Cgr (b2).. 1 20 + % 13% 9% Adams Exp (a20¢). 8 Consol Cigar........ 1 10% Education Dinner. BY EDWARD C. STONE. 36% 17% Adams Millis(a76¢) 65% Consol Cigar pf ('l) 20- 70% 28 224 Address'graph(60c) 27% Consol Edison (2).. 43% Fifty graduates Chapter, American Institute of Bank- 21% 1% Advance Rumley. 2% 3 1 " 58 Alr Reduction (t1). 1% 3% Consol Laundries__ 6% ing, received their certificates last night at the Willard Hotel and heard 2 Air-Way Elec Appli 11% Consol Ofl (606) .. a stirring radio address by Jo- seph A. Brode- rick, one of the governors of the Federal Reserve @& Board, in which he stressed intel- ligence and en- lightened leader- ship in the of Washington | Al 12% Alleg pf wS30w 12% Alleg pf wS40w (d). 121 Alleg pf xw (d) .. P 35% Allis-Chalm (1) 19% Alpha Port Cmt (1 2% Amal Leather Amal Leath Amerada Corp ). Am Ag Chm Del(3) Am Bank Note (1). x Am Brake Shoe 1.60 Am Brake S pf 6% 137% 115% Am Can (14) .. » afaannoan 6% ConsolR R Cuba pf.. % Consol Textile (d).. 2 Cons Coel (Del)vte. 2 . 4 12% Cons C (Del) pf vte. 70s 15% Container Corp (1), 10% Contl Baking (A) - 1% Contl Baking (B)... 67% Contl Baking pf 27 Conti Steel (2) . 4 15 56% Corn Ex BE&TT (3). 110- 63% Corn Prod Ref (3) 4 Coty Ine._.. 15% Crosley Rad 43% Crown C &S (2)__. 46% Crwn C&S pf ww 2} T4 Crown Zelleb'k vtc. 28 Crucible Steel . 96% Crucible Stl pf (13). 15% Leh Port Cmt a26e... 2 Lehigh Valley Coal. 95 Lehigh Val Coal pf. 8% Lehigh Valley R R.. 37% Lerner Stores (2)._. 47% Libby-Ow G1(a3%). 7 Libby McNeill & L. 25 Life Saver (1.60)_.. 97% Ligg&Myers B (14). 25% Lima Locomotive... 36 Link Belt (11, :fli Liquid Carb( 3% Lou Bel (A). ‘O'n Loose-Wiles (2)._.. % Lorillard (P)(1.20). 0) . 60) .. Lo."l 186 (12) e x 180 26% 2! lll ldl Lorillard (P) p£(7). 13 LaOfl Refpf (d)_. 20 Louisv GEEpfA 1% 57% Lou & Nash (a4%)- 22% Ludlum Steel (1)... - EE LT TR ETTT T 25% 26% lM\fi 100% 106% 35 4% + % 47 “96 46% + % 2% 41 41 -1 60% B57% 60% +2% 2% 2w 4% ‘% 2% - % 4% 8 40'4 40 2% 10! l“ uu 146 30% — % 27% —-1% 92 - % 28% + % =3 20 124 14% 40% 6% 81% 12 28% 37% Schenley Dist a75¢. 1% Schulte R Strs (6) _. % 30% Seaboard Oi1 (l)_.. 3% 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... 4% Sharpe & Dohme___ 11% Shattuck F G (50¢c). 14% Shell Union Oil. 110% Shell Un Ofl pf 5% .. 8% Silver King (60c)__. 19% Simmons Co (a50¢). 3% Simms Petrol...... 19% Skelly Oll . 40% Smith (A O)ceaeeo. 21 Snider Packin or More—Steels and Amusements Lead. Stock Averages ILU“ 80 jus. Rails. Otil. Stks. Net change. +.1 Unc. —.1 Unc. 412 527 689 412 5238 689 407 528 68.9 269 385 415 53.4 302 434 312 44.7 185 1936 loW.... 734 1935 high... 763 1935 low.... 495 216 1932 lowW.... 175 8.7 239 1929 high...146.9 153.9 184.3 157.7 1927 JOW.... 51.6 953 618 613 - T TS 1% Cuba Co.... 361 18 - % 98 -2 204 + % 41% — s 1 - % 10% + % %+ % 17 12% Socony-Vac O (lfle) ll‘ 110 Solvly Am pf (5%). % 3% So Am G & P(a20c). 35% 26 So Port R Sug(12).. 824 26 South CalEd (1%). 44% 23% Southern Pacific___. 24 12% Southern Railway.. 42% 19 Southern Ry pf..... 11% 6% Spalding (A G. 85 MacAnd & m 2)— 124 MoCrory St 92 McCrory sm j 24 (6) 16 McGraw Hill Pub._ 39% Mclntyre Porcu (2) 85 McKeesp't T P (14). 8% McKeason & Rob 37% McKess&Rob pf(3). 11% McLellan Stores.... changed world of banking. Just before the exercises at the Willard, the chapter’s annual education dinner 114% Am Chain pf 87% Am Chicle (4) 20% Am Comcl Alcol - 16% Am Crystal Sugar. 89 Am Crys S 1st pf(6) 110 314 Am Encaustic_ ... 9% Am European Sec. 613 Am & Foreign Pwr.. 01 19 10% 10% 10% — % 80s 109 109 109 +1% (Compiled by the Associated Press.) BY VICTOR EUBANK, Associatea Press Financ'al Writer. NEW YORK, September 10.—A brighter stock market picture was 63% Cuban Am Sug pf-.. 16% Curtis Publishing.. 48 21% 99% Curtis Pub pf (7)... 1 109% 4 Curtiss Wright..__. 55 6% 10% Curtiss Wright (A). 74 364 Cushman Sons pf_.. 20s J. A. Broderick. took place at the Raleigh when chap- ter officers, members of the faculty and guest speakers appeared on the brief program. Gov. Broderick was a guest at the dinner. In his radio address on “Adult Edu- cation in Banking,” Gov. Broderick told the members of Washington €hapter and 219 others that basic changes in bank law and praciice have necessitated a new and intensive study on .he part of all bankers, both young -and old, of their new opportunities and responsibilities. After urging the gtudy in every community of the spe- cial banking needs, he added: Study of Changes Needed. “Changes in the importance of vari- ous banking functions likewise require ronstant study. The note issue func- tion of banks has become practically non-existent. The deposit function, with a very fine line of Gemarcation between demand and time, or savings, funds, is clearly in need of clarifica- The discount function has changed, materia; in importance through the changing method of fi- ©ancng b.\s..n the process been & gradi tnvesting function aliy becoming ane of rit than of loans. This Lu-d and the mesns of ans. g sec purchase is & institutions other gquestion needs thorough swcdy om the part of all bank men. Taxation measures and methods not only affect the individual banker but the gondition of the counury. “Marked improvements in the rela- tion of banks with governmental Agencies have been shown during the last few years as a result of the help- ful attitude of committees of the American Bankers' Association and the Reserve City Bankers' Associa- tion, which have been extremely valu- sble to governmental agencies charged with the performance of certain duties pffecting bankers. This experience has shown the necessity of further <fforts in the same direction. Because of their knowledge of the practical operation and effects of supervisory &nd regulatory methods, bankers may be extremely helpful in shaping the rules, regulations and even the laws gnder which banks are to operate.” Bankers must be frank with the public, Mr. Broderick said, adding that §t is “highly important that the pub- e know what the real functions of anking are and what services banks are in a position to offer.” has | re monetary &nd economic | % 118 20% 29% Am & For Pw $7 pf. 12 Am & For Pw 2d pf. 13 Am Hawailan (1)__. 514 Am Hide & Leather. 32% Am Hide & L pf (3). 37 Am Home Pr (2.40). ‘Am Mch&Fy (80c)_ 10 Am Mch&Met ad0c. 27 Am Metal - 35Y% Am News (NY) (3). Ti3 Am Power & Light_ 36% Am Pwr&Lt pf (5)- 43 Am Pwr&Ltpf (6)- 18% Am Radiator(albc) 2335 Am Rolling M(1.20) o EI TN =CY NN TR S - 36 AmSafety Rn (2).x 18 Am Seating, — 25% Am Shipbldg (2)___ 563 Am Smelt&Ref (2). 2013 Am Steel Foundry.. '« Am Stores (2 48% Am Sugar (2) 20% Am Sumatra Tob {1 s Am Tel & Teleg (9). 8814 Am Tobacco B (5 8% Am Type Founders. 19% Am Wat Wksa20e.. 925 Am Wat W 1st (6)—. Ta Am Woolen . = 54% Am Woolen pf(33). % Am Writ Paper (d). 4'x Am Writ Pap pt (d) S Am Zinc & Lead.. Am Zinc & L prpf.. Am Zinc & Lead pf_ Anaconda Cop (1)~ Anaconda Wire(2)_ 4 Anchor Cap (60¢) AP W Paper_ Archer-Dan-Mall 4% Armour (lllinois) .. 664 Arm'r(Il)pr pf (6). 474 Armstrong C (1%). T's Arnold Const (50¢). 81a Artloom Corp . 95 Artloom pf (37) 12% Asso Dry Goods. 59 Atch To& S Fea2_. 90%, Atch To&S Fe pf(5) 21% Atlantic Coast Line 11 AtlGulf & W Ind. 131 Atl Gulf&W Ind pf. 26% Atlantic Ref (1) Atlas Tack (a50c 2915 Austin Nichols pf A 4% Aviation Corp (Del) 23 Baldwin Loco (d) .. 29% Baldwin Loco pf(d) 2% Baldwin Loasd(d). 157 Baltimore & Ohio__. 21 Baltimore & Oh pf.. 1% Bang & Aroos (2%) 110%; Bang & Aroos pf(7) 13% Barker Brother: 82, Barker Bros pt 1414 Barnsdall Ofl (80¢) 18 Beatrice Cream (1) 13% Belding-Hem (1) 21% Bendix Aviat'n (a1) 20 Beneficial L (t1%) 48 Best & Co (12)-. 3 3208 13 ’ 2% + % 61 24% 179% +1% 101% + % 13% + % Y% 178% 101 13 25% 1085 T x 48 7% Davega Stores t300. 52 Deere & Co.... 27 Deere & Co pf $1.: 40, 19% Deisel-Wem-G (11) 36% Delaware & Hudson 147% Del Lack & West.__ . 4% Den&Rio GW pf (d) 158 128 Detroit Edison (t4) 40% 43 34% 21 611 9% 41 26% 1% 3 814 33 Diamond Mtch t1%. 38 Dia Match pf t1% . 18% Dist Corp Seag Ltd.. 19% Dixie Vortex (1%). 41% Dome Mines (12) .. 50% Douglass Afrcraft.. 4 29 Dresser A (bl1%)._—. 13 Dresser Mfg B._. % Duluth S8 Atl_ 1% Duluth S S & Atl pf. 4% Dunhill Internatl _. 167% 133 Du Pont de N 13.60. 133% 129 Du Pont deb (6)-. 9% 5% Eastern Roll Mills_. 166 152 KEastman Kod pf(6). 3% 13 445 17% 28% Eaton Mfg (2)-. 5% Bitington-Schild .- 30% Elec Auto L (a1.40) 10 Electric Boat _____ 5% Elec&Mus In(b24c) 6% Elec Pw & Lt. 29% Elec Pw & Lt $6 pf 32% Elec Pw & Lt $7 pf_ 42% Elec Stor Bat (12) 34 Elk Horn Coal (d) 1% Elk Horn Cpf (d) 534 Endicott-John (3) 48 EngPS$5.50 4.4 1?% Equit Office B 220 16 ErieRR 1st Df.__. 11% ErfeRR2d pf.___ 12 Eureka Vac C c) 23% Evans Products (1) 2% Fairbanks Co_ 814 Fairban 34% Fairb'ks-Morse 31% Fajardo Sugar (2).. 18% Federal Lt & Trae_.. 37 Fed Min & Smelter_ 7% Federal Mot Tr 40c.. 3 Fed Screw Works 214 Fed Water Svo (A). 20% Fed'd Dept St $1.40. 38 Fid Phoe F' 1 (11.20) 20% Filene's Sons(1.20). 2474 Firestone T&R 1.20 40 First Nat Strs (234) 32% Flintkote Co (1) 3% Follansbee Bros (d) 32 Food Machine (1).. 2414 Fost Wheeler new _. 304 Fourth Nat Ial.46_ 2315 Freeport-Texas (1). 47% Fuller Copr pf____. C0 24 Of caeee 42% Gen Am Trans 1% 21 Gen Asphalt (b25c). 10% Gen Baking (60c). 7% Gen Bronze ... 5% Gen Cable. cccacea 17 GenCablo Aecceeee 70 Gen Cable pfcceeee 52'5 Gen Cigar (14) —ceee 34% Gen Electric (1) .o 33% Gen Foods (1.80) . B 0 4 108 8 131% 98 12% 1% 61 26% 27% Mack Truck (1)... 40% Macy (R H) Co (2). 8% Madison Sq G t60c_.. 34% Magma Copper (2)- 7 Mandel Bros. 14% Man El md gtd (d)- : 32% Man Elev gtd (d) . 17% Manbat Shirt (60c). 2% Maracatbo Oil Exp- 8% Marine Midld (40c) x 11 2% Market St Ry 2d pf_ 11% Marshall Field & Co 27% Mathieson Alk 1%... 43% May Dept Strs (2). 12% Mead Corp-- 55% Melville Shoe (4).— 6% Mengel Co.. 50 Mengel Co pf_ 40% Mesta Mach (a3%). 5% Miami Coppe: 17% Mid-Contl Pet ai0c. 21% Mid Stl Prod (a2).. 110 Mid Stl 1st pf (8) _ 65 Minn-Hon Ros 11%. 6% Minn Moline Pwr._. % Minn&StL (d).__. 2% MStP&SSMlisin_ 16% Mission Corp. 5% Mo Kans & Texas... 14% Mo Kans & Tex pf.. 2% Missourd Pacific(d). 3% Mo Pacific pf (d) 19% Mohawk Carpet. 79 Monsanto Chem(t1) 708 34 35% Montg'y Ward 80c. x 59 44 Mogrell J & Co 2.40_ 603 Morris&Essex(3%). % Mother Lod 28% Motor Prod (12) 15% Motor Wheel (1) 11% Mullins Mfg (B) 70 Mullins Mfg pf ( 44 Murphy G C (1.60)- 14 Murray Corp. 15 Nash Motors (1) 20% Nashv Chat & St ) 21% Nat Cash Reg (50c) 21 Nat Dairy P (1.20).. 10 Nat Dept Stores___. x 4 108 1 0 13 55 13 29 26% Nat Lead (150¢)._.x 11 9% Nat Pwr & Lt (60c) 57% Nat Steel (13%)-——— 19% Nat Supply CO—emme T% Nat Tea (60c)_. 324 N Y Airbrake a50c.. 2% NYCentralRR_._. 17% N Y Chicago & St L. 36 NYChi&StLpf__. 17% 10% N Y Dock pf__. 189 300 111% 10% 119 NY & Harlem 1 NY Investors (d)_- 9% N Y Shipbuilding.. 57 N Y Shipbldg ptf 83 NY Steam pf (6)._. 210 Norfolk & W (18)._. 106 Norfolk& Wn pf(4). 6% North Am Aviation. 16 36 2 283 283 +2% 109% 109% + 84 8 9% 22% 24% 29% 63% Spalding (AG)1st pt 5% Sparks-Withington. 6% Spear & Co_. 15% Sperry C'p vte (al). 13% Spicer Mfg._. 53% 44 Spicer Mfgpt (lL- 89% 31% 18 13% 9% 24% 564 63 Spiegel-May-8 (3)_. 21% Square D(B)a62%e. 14% Stand Brands (80c) 9% Stand Com Tobacco. 6% Stand Gas & El (d). 9% Stand G&E 84 pf (d) 24% Stand G&E $6 pf(d) 26% Stand G&E $7 pf (d) 35 Stand Oof Cal (11). 32% Stand Oil of Ind t1. 51% Stand Oflof NJ (11 24% Starrett(L 8)11.40. 65 Sterling Prod (3.80) 161 Stewart Warn(50c). 14% Stone & Webster._. 9% Studebaker Corp... 15 27 Superheater (50c)-. 106% 23% 10.% 81“ 32% 21 28% 2814 33% 874 9% 48% 16% 3 Superior Of] 9% Surerior Steel_. 23 Sutherind Pap t1 6% Sweets Co of Am___ 20% Swift & Co (1) 28% Swift Intl Ltd (2)-. 1% Symington (d) - 5% Symington A (d) 23% Third Nat Inv 8% Thomp'n(JR) (50¢) . 24% Thomp'n Prod aé0c. 47 Thompson Starrett. 14% Tide W Asso O 60c.. 100% Tide Wat A O pf(6) 12% Timken Detroit(t1) 56 Timken Roll B (12) 11 Transame; 14% Trans 10% Transue &W (160c) . T4 Tri-Cont Corp a25c.. 93 Tri-Contl C pf (6)-.. 47 Truax-Tra Coal. 7ia Truscon Steel 2214 20th Cent Fox Film 31% 20th Cent Fpf1%_x 8% Twin City RT.. 65% Twin City R T pf__. 74% Und-Ell-Fisher (3) x 38% Union Bag&Pap (2) 71% Union Carb&C 2 20% Union Oil of Cal (1) 108% Union Pacific (6) . 90% Union Pacific pf (4) 22% Union Tank C 1.20... 20% United Aircraft. 13 United Air Line vtc. 161 United Am Bosch 24% United Biso (1.60) 22% Unit-Carr Fast (2)_ 68 United Carbon (3).. 5% United Corp- 40% United Corp pf (3)_ 10% United Drug (a50c) EFF Fr FEFEELr FEF FEFFIFE I ser xFeere presented today as many of the leads, ers, led by steels and amusements, rale lied fractions to a point or more. ‘The proceedings were on the quiet side, however, with realizing intervals slowing the pace. Transfers were around 1,500,000 shares. The market got off to a ragged start as traders showed further tendencies to cash in some of their profits which had piled up over the past several sessions. Buyers soon appeared for the steels and it was not long before the rails and a wide assortment of specialties stepped into the recovery parade. While cheerful domestic items were" plentiful, both speculative and in- vestment forces were a bit timid in their activities because of the shady aspect of European affairs. Among the best-share performers were U, S. Steel, Bethlehem, Crucible, Otis Steel, Republic Steel, Loew's, Par« amount, Pathe, Columbia Pictures, Radio-Keith-Orpheum, Warner Bros., Revere Brass, Canada Dry, Santa Fe, Delaware & Hudson, Baltimore & Ohio, Chicago Great Western pre- ferred, Southern Pacific, American Telephone, Western Union, Certain- teed, International Nickel, Shell Union Oil, Westinghouse, Wright Aeronau- tical, General Baking, Vanadium, Budd # Wheel, Sears-Roebuck, Consolidated Laundries and South American Gold & Platinum. Bonds were without a definite trend. Foreign currencies were mixed. Wheat at Chicago was unchanged to up s cent a bushel and corn was down ', 13 higher, CHICAGO GRAIN By the Associated Press. CHICAGO, September 10.—With the Liverpool market at a full shipping difference over Winnipeg, wheat prices here developed firmness late today, and corn sympathized. Talk was heard that Southwestern markets were overbidding Chicago for corn out of Iowa. Primary receipts of corn today were only about half those of a week ago. ‘Wheat closed firm at the same as yesterday’s finish to 13 cent hihger, September 111!3-35, December uou,.. 5, corn i off to 1% up. September 1113 -%, December 94%-7%, osts un- changed to 1 lower, and provisions unchanged to 12 cents down. WHEAT— Open. September 1.11% 361 36% 4 17% 23% North Am Co (1) 237% Northern Pacific___ 2 Norwalk Tire&Rub. 12% Ohto Ofl (50¢c) - 24% Oliver Farm Equlp_ 17 Omnibus Corp vte. 32% - % 28% - % 2% — W 12% 0% - % 29% T 42% 85t 19% 14% United Gas Imp (1) 113% 109 United G Imp pf (5) 15 Utd uyewood (all% 4 United Elec Coal___ 32% UnitEng & F (2) 6614 United Fruit (3)._. 6 % Gen Gas & Elec (A) 25 14 GenG&E 6%cvpfA 708 19 GenG&E7% pf A_. 70s 537 Gen Motors (12) . 7 5% Gen Outdoors Adv. 1 18% Gen Outdoor Adv A. 11 Record Attendance Noted. Paul J. Seltzer, chapter president, presided at the Willard meeting while J. Earle McGeary, chairman of the 123% 107 Bethlehe Stl pf(7 48 23 Bigelow-San (1).. 20% 141 Blaw-Knox (40¢) 113 109% Bloomingdale pf(’ Education Committee, took charge of the program at the Raleigh. Harold Stonier, national education director; Gov. Broderick, Karl W. Corby, presi- dent of the District Bankers’ Associa- tion, and Raymond B. Dickey, dean of the institute faculty, made brief addresses during the evening. In ad- dition to the awarding of the certifi- cates, great interest was manifested in several prizes which were also Presented. Chapter officers speaking at the dinner included William H. Laughlin, vice president; G. Crawford Turnbull, chief consul, and Francis E. Robey, membership chairman. It was the largest dinner of the kind the chapter has ever held—between 90 and 100 embers and guests. Doris E. Strobel, office of the Con- roller of the Currency, was awarded first prize for scholarship in the standard eourse and also the special prize given by the Bank Women's Club. The second standard course prize went to Daniel J. Tyrrell, Wash- angton Loan & Trust Co., and third %o G. Crawford Turnbull, Morris Plan Bank. Prances E. Nagel, Riggs National, won first place in the pre-standard sourse; Francis E. Grimes of the same bank took second honors and Wilmer ‘A. Eisenhart, Controller of the Cur- ‘pency’s office, won third prize. B Linn Starts for Convention. Arthur J. Linn, controller of the Hamilton National Bank, left yester- day to attend the twelfth annual con- wention of the National Association of Bank Auditors and Comptrollers, to ‘be held in San Francisco, simul- taneously with the convention of the ‘Linn is at present second vice presi- dent of the National Association of Bank Auditors and Comptrollers and /has served on many of its more im- :portant committees. The local auditors’ ‘molwhlchur Linn was at one time chairman, is hoping that he will geturn as first vice president of the ational association. { Other Bankers Head Westward. . John A. Reilly, president of the Sec- ond National Bank, left the city this afternoon for New York to board the ’!od Special tomorrow for the West Coast and the A. B. A. convention. F. Calnan, president of the Lib- National Bank, will be aboard same train, also convention bound. e left the Capital yesterday. Their includes a large amount of tseeing on the way West. yesterday la:dol:perunc payable September 80 to stockholders of record Friday, Beptember 25. » Today's Trading on Exchange. Five $1,000 transfers and a $500 314 9% 39 Bon Ami (B) (2%). 25% Borden Co (1.60) _ 64 Borg-Warner (13)-. 6 Boston & Maine 12% Bridgp’t Brass t40c 431 Briggs Mfg (12) .- 47% Briggs & Strat (3).. 41 Bristol Myers (12). 40% Bklyn-Man Tr (3)_. 4% Bklyn & Queens 331 Bklyn & Qns pf (3 ). 8'4 Brunswick-Balke. ( 9% Budd (EG) Mfg.___ 1 Budd 2d pd..Oct16. 86 Budd (EG) Mfg nl. Whe 20% Bullard Co (lEOc) - 11% Bulova Watch. ... 25 Burr Ad Mch(160¢c). 2% Butte Copper&Zine. 16% Byers (A M) .o eeee. 5414 Byers (A M) pf. 22 ByronJackson t1.. 30% California Pkg(1%) % Callahan Zine. - 6 Cal & Hecla (a50c).. 22 3 us lll% 97 10% Il 30% 36% 35% 19 30 Campbell Wy (t1).x 2 175 10% Canada Dry G A. 10% Canadian Pacifie_.. 37 Cannon Mills (a2) - 12% Cap Adm (A) ab0c.. 45% Cap Adm pf A (3) - 6% Carriers & Gen 20c.. 92% Case (J ) Coe— 54% Caterpillar Trac(2) 21% Celanese Corp a50c.. 19 Celotex COrp..- —cuu. 54 Celotex Corp pf. 28% Cent Aguire (11%). 35 Central RROENJ_ 6% Century Rib Mills... 58 47% Cerrode Pasco (4)-. 19% 58% 105% 21 69% 86 69% 6% 2% 10% 2% 5% 4% 12% 20% 3 8% Certain-teed (new) 57% Certain-teed 6% pf. 80% Certain-teed 7 19 Champ Pap & F (1). 223 Checker Cab Mfg._. 59 Chesapeake Corp(3) 51 Ches & Ohio (3.80) - 2% Chi & Bast 111 pf(d) 1% Chi Grt West (d) .. 4 ChiGrt W pf (d, 1% Chi Ml 8t P&P ( 2% Chi M St P&P pf @ 2% Chi& N W (d). 6% Chi& N W pf (d 12% Chi Pneumatic 'A‘oel 25 Chile Copper (1)-——. 86% Chrysler (a6%)__. 16% City Ice & Fuel (3). 2% City Ice&F ot (6%) 4% City Stores._ 23% Clark Bquip (l.l.)_ 33 Clev Graph Br (11). Efli Coca-Cola A (3)-_. Colgate-P-P (50¢) .. 106% 100 Colgate-P-P pf (6). % Collins & Afk t3._ 58% 12 1m Collins & Alk pf (7) 8% Colonial Beacon._. 3% Colo Fuel & Ir (d) Col Fuel & Ir (new) Colo 31 Colum Pict vto (1) 6014 % pt. 2008 ll: 105 110% +6% 148 3 6 157% 158% +1% 8% +1% 26% 29% — % 8l. + % 33 + W % - % 8% + W 54 71 0% 9% + % 1000s 61% +2% 19 - % 45 -3 81 -1 1 45 5 81% 1 84 % 4% 3% % 1 84% 8% 87 16 68 b57% & uo. 112 111% 112 + % 16 2% 2T% 2T4% 38 Gen Print Inka2% . 3% Gen Pub Service... 321 Gen Ry Signal (1) 2 Gen Realty & Util_. 26% Gen Real&U pf ww. 33% Gen Refrac (all% 3214 Gen Stl Casting pf. 17 Gen Theatre Equip. 3034 Gen Time Instr'm’t. 13% Gillette Saf Ras (1) 6% Gimbel Bros._ . _.__ 69 Gimbel Bros pf(a3) 39% Glidden Co (2) 52'% Glidden cv pf(2% 37% Gobel (Adolf)__ 6% Goebel Brew (1200). 12% Gold Dust vte (60c) 87 Goodyear $7 pf (4). 814 Gotham Silk Hose_.. 177 Goth Silk H pf (7). 2 Graham-Palge 1% Granby (24 314 Grand Union ctfs__ 16 Grand Un pf $87%c. 24% Granite City Stl (1). 32% Grt Northern pf._... 16 Grt North'n Ore (1) 31 Grt West Sug (2.40) ll"/g 136 Grt West Sug pf(7). 31 56% 80% 3% 19% 85 22 Green (H L)Co(t1). 50% Green Bay & W (5) 48% Greyhound C'p 1% Guantanamo 8 9% Gulf Mobile&N___. 30% Gulf Mobile & N pf. 119 109 Hamilt'n W pf 3834, 42% 16% 30% Harbison Walk(2).. 12 Hat Corp of Am (A) 4% Hayes Body 9 133 102 Hazel Atlas Gl ('5). lfl 126 Hercules P pf (7)— 61% Hershey Choe (3).. 30% Holland Furnace... 9 Hollander (t50¢)_.. 19% Holly Sugar (2).... 89% Houd-Hersh A(2%) 22% Hud-Hersh(B)t13. 6% Houston Ofl vte... 48% Howe Sound (13)... 18% Illinofs Central..__. 30 Illinois Cent pf (A) 4 1208 6 4 2 15 1 FELELEFEEL I FEE FF 1% 1T% l'l% + % 54 53 53% + % 115% 115 115 -2 43% 42 43% +1% 16 lMfi 15% % 8 102% 102% 1om 28 116 ‘llG 116 127 126 126 61% 61 61 ~—1% 38 38 — % 22% 22% + % 3% %+ % 2 42 30% — % % -% -% 58 Ill Cent lse lines (4) lbl 4% Indian Refining. 25% Indus Rayon (1.68). M( ) oo 5% Ins Sh Ma ott atvas 11% Interboro R T (d)... 9% Interlake Iron.. ... 2% Int tural__—. Agricul! B&K 160 Int Bus Mach (16).. m 35% lnt Cement (2)_...x 29 90% 56% Int Harvester 3 l: m 10 160 11 5% % % - 2% Int Hydro Elec (A). 4% Int Mercantile Mar. 43% Intl Nickel (1.40).. 3% Int Paper & Pw (A) 1% Int Paper & Pw :f) IntSalt (134) caceee 47% Int Shoe (12) eeeee 12% Int Tel & Tel___ 10% mblptl 82 Int Dept 8trs pf(7). ll WM( - -Manville 3. 46 41% 1 48% 56 13 10 25% 25% 35% + % 10s 101 H‘):“ 101 +1 112% 112% + % 10% 10% + % 5% 5% 15% 16 — % 12% 124 - % 3 3 uu l“ 168 +1% 56% B6% + % % — % 3% — % 5% + % 57% +1 5% 1% 41 3% 4% 56% 5% 5% 3 1% 1% =L 6% — % 42 -2 25 -2 48% 48% 12% 12% 3 19% 19% - % 2116 115% 116 + % IM 17% 9% 17 % 41 58% 20% 1‘0 m. 20% 4% 97% 12 87% 8 Oppenheim Collins. 243 Otis Elevator (66c). 1215 Otis Stee.... — 70 Otis Steel prpf ... 47 Outlet Co (12) 128 Owens-1ll Glass (5) 13 Paec Am Fisher (1). 3% Pacific Coast. - 8% Pacific Coast 18t 4% Pacific Coast 2d___. 30% PacificG& E (1%). 47% Paclfic Ltg (2.40) .. 14% Pacific Mills __.___ 118 Pacific T&T (a5)__ 11% Pacific W'n Oll b2se 6% Packard Mot(a25c). 12% Pan American Petr. 18% Panhandle P&R pf- 67 Paraffine Co (12) 7% Paramount Pict___. 69 Paramount 1st p: 8% Paramount P 2d pf. Pl 4% Parmelee Transp't.. 6% Pathe Film Corp..... 10% Patino Min 1% Peerless M 69 Penney(JC) (a 4% Penn Dixie camsnt. 28% Penn Dixie LA 28% Penn Rlfirold (al). 30 Peoples Drug (t1) 38 Peoples GasChi.... 256% Pere Marquette.... 643 Pere Marq prpf__.. 10% Pfeifter Brow (1.20) 25% Phelps Dodge a76c.. 45% Phila Co 6% pf (3). 9% 38% Phillips Petrol (t1) 49% 130 58% 24% 133% # Phillips P rts Oct 5. Pillsbury Fl (1.60)_ 1% Pitts Coal._. 7% Pitts Screw&B 500~ 49 PittsSteelpt _____ 3 Pitts United Corp... 58% Pitts United C pf... 21 Pitts& W Va__._.. 11% Plymouth Ol (1) 20 Pond Creek Poc (2). 12 Poor &Co (B)...... 4% Porto R Am Tob A_. 6% Postal Tel&C pt (d) 2% Pressed 8tl Car (d). 18 Pressed 8tl Cpt (d) 403 Proct & Gam(113). 39 PubSvoNJ (3.40)_ 118% Pub Sve N J pf (6)- 36% Pullman Ino (134)-. 16 Pure Ofl__ 103 Pure Oil8% pf- . % Puflb Bakeries 400 9% Radio Corp.... 6814 Radio Corp pf A 8% 5 Radio-Keith-Or (4) 28% Raybestos-M (134). 356% Reading (2) e 39 Reading 1st pf (2). 70 Real Silk Hos pf__.. 12% Reliable SBtores ... 17% Rem Rand (160¢)_— 21 Rem-Rnd 6% pf1% 25 Reynolds Sprg (1)- [ VNS - 8o d6% o —1% l 119% ll’% IIM_ [ - 5 1 i Hiheh 408 106% mu 105% —1% 1% + llii 4% T% 4T% l l% % - % 19 20% + % ll“—lfi 179 :13suoluxm+m 38 19% nu uy.+9s 18. 53 m +2% 125 +5 8 33 31% T i1 2% 5 19% 20 39% 110% 17% 54% 59 7% 84% 165 1us 7 2% 27% 45 116 8! 110 116 123 12% 20% 9% 95 48% u7 150‘6 m 122 39% 6% United Paperb'd(d). 2 U S Distributing___ 10 U S Distributing pf. 13 US& For'n Secur.. 24% U S Freight (1) ... 80% U S Gypsum (2)... 8% U 8 Hoftman_ 49 U S Hoftman pf 2% 31% U S Indus Alcohol._ !lls UBHM&"(I*). 7% U 8 Realty & Imp__ 5 United Stores (A).. 57% Univ Leaf Tob (t3). 153 Univ Leaf T pf (8).- 50 UnivPictistpf ___ 3% Utll Pwr & Lt (A) . 1 Vadsco Sales Corp... 16% Vanadium Corp... 28% Van Raslte (al 110% Van Ral 1st pf l'l)_ 40 Vick Chem (13).... 28% Va-Car Chem 6% pt 2% Wabash () ... 5 WabashpfA(d) .. 9% w-ldorl Sys(11.20) 30. Walgreen Co (2). 6% Walker (H) [- 7 7% Walker (H) pf (1)~ 5% Walworth Co. 10% Ward Baking A 2% Ward Baking B____ 9% Warner Bres Pict__ 44 Warner Bros pic pt. 4% Warren Bros. - 15% Warren Bros cv pf_. 21 Warren Fary&P(1). 335% Wesson O&S(150c). 87 West Pa Elec pf (6) 96 West Pa Elec pf (7) 111% West Pa Pwr pf (6) 116% West Pa Pwr pf (7) 81 Western Maryland. 15 Western Md 2d pf_. 5% Western Pacific pf_. 72% West'n Union (a2) .. 34% West'gh'se A B (1) 94% Westingh'se El (4). 123% West'g'se 1st pf 335 22% Weston El 1 (a26c).. 19% Westvaco Ch t40c_. 32% Westvaco 5%pf 1%. Wheel 84 Wheeling St1pf $2.x 18% White Motor .. 13% White Rk M 8(1. IB) 16 White Sew Moh pf_. 6% Wilson & Co (50c)—. 70 Wilson & Co pf (6). 44% Woolworth (3.40) . 23% Worthington Pump. 66 Worth Pump pf A 47 Worth Pump pf B 62% Wright Aero....... 63 Wrigley W ir (13)_. 38% \'u & Towne (60c) 'w Truck. 42% Yom Sp& W (3. 41% Youngs'tn Sheet&T. 106 Ygstn S&ET pf(5%)- 11% Zenith RadiO—oeee. 4 141% 1404 141 + % 148% 1484 148% + % o2 - 25 33 82% 82%- 5 75 33% 3 +1% 35 102 % 21% 31% 8% % 83% 83% 121 121 11 36% 35% 35% — % B September December 1 1 December_ 1 Japusry o 1 X X LX 3. September. 13.95 ____ 13 Chicago Cash Market. Cash wheat, no sales reported; corn, No. 5 mixed, 1.11%; No. 1 y!IIow 1.12a1.13%; No. 2 yellow, 1.12a1.13'5:,, No. 3 white, 127!, Lake billing; sample grade, 1.06'2a1.142; oats, No. 1 white, 45'2a46; No. 2 white, 43%a 44 ; sample grade, 40a41; rye, No. 3, 91%5; soy beans, No. 3 yellow, 1.2413; barley, actual sales, 1.37; feed, nominal; malting, 1.10a1.40 nominal: timothy seed, 5.90a6.15 hundred- weight, new, 5.65a5.90 hundredweight: clover seed, 15.00a22.00 hundred- weight. Liverpool Wheat Prices. LIVERPOOL, September 10 ().—Wheat futures claced ,’undy rm 8% 13 PRI 1123 1.08% 1.08% oo - TIMORE, _ Septer 10 Wheat, No. 2. red Winter nme.n spot domestic. 1.12 /.: September. 1.i2%. NEW YORK COTTON By the Assoclated Press. NEW YORK, September 10.—The feature in cotton today was the rel- ative firmness of near months on further trade buying and covering. After showing early advances of about 6 to 13 points, however, there were moderate reactions under hedg-» ing and realizing with the mid- afternoon market net unchanged to 5 points higher. Futures closed steady. lower. October January March TEE 3 higher to 9 Low. Last., Bleachable cottonseed oil futures closed easy. September, 10.39b; Octo- lry, lflwb March, 10“.10“ — 3 | 187 contracts, including 12 l'lwhel. b—Bid. N Prices. NEW on%g temi lonl futures cl 0 points down. Appreximate Sales of Stocks on the N. ¥. Stock Exchange, | M3 f 11:00 A Moo 810,000 II"N IO $600.000 lllu tor uo m m—_.. 630,000 o 137000 -1% STOCK CHANGE PLANNED | sered ntice trom Consotiaated Fim 4| BY CONSOLIDATED Fll.l Sohorsed caplal pocktrom 460000 -mn-m-u_. 42% Colum Picevpf 3. 44 Comcl Credit (14) .. ent share of preferred stock to be exchanged for 14 shares of prefer- ence stock and % share of (new) com- mon stock ard each present share of common ateck to be exchanged for 1“ Ju-flun 1% ot 100s 117 115 116 18 KansCity Southern 17 234 22% 19% Kans City South pf. 9 46% 17 Kaufman Dep8(1) 2 26% 20 Kelsey-Hayes (A).. 6 23% 18 Kelsey-Hayes (B).. 25 20% 14% Kelvinator (150¢) .. - 21% ¥§¥!§'§5!§§ s