Evening Star Newspaper, September 24, 1936, Page 20

—20 ¥ QURKISADDFD [TRANSACTIONS T0 BANK BOARD Hecht Co. Store Manager Named Bank of Commerce ! & Savings Director. BY EDWARD C. STONE. George M. Quirk, store manager of the Hecht Co., was added to the Board of Directors of the Bank of Commerce & Savings at the annual meeting of the stockhoiders . held this noon All present di- rectors were re- elected, as fol- lows: M. D. Ros- enberg, Joseph Sanders, Irvin Owings, Thomas J. Groom, Joseph H. Milans, Clar- ence A, Weaver, Thomas N. Beav- . ers, William L. Bush, E TS Chewning, James E. Ceclliflower, Albert S. Gatley, John F. Maury, Vernon G. Owen and Frank Owings. Mr. Quirk. the new director, resided in Washington all his and has been associated with the | Hecht Co. for a number of years. He s a member of the Board of Trade, | Lions Club, Manor Club and other | ¢civic and fraternal organizations. President Rosenberg presided at the | annual meeting. The bank, organized | in 1907, has made an excellent record. In 1934 a branch was opened at H etreet and North Capitol, near the Government Printing Office, Which made marked progress. The institu- tion has deposits of nearly $3,- 500.000, capital of $100,000, surplus of $175,000 and undivided profits and reserves of $53,000. The bank has an unbroken dividend record of 25 years and at the present time is paying a regular dividend of $6 a share and an extra dividend of $4 a M. D. Rosenbers. has life share, putting the stock on a $10 a share annual basis. The stock is listed on the Washington Stock E: change and the records of the e change indicate that none of the stock | has changed hands for over three | years, although the bid price of the | stock has risen since 1933 from $150 & share to $195. Thomas J. Groom, vice president and cashier, is first vice president of | the District of Columbia Bankers' As- | sociation. At the next meeting of the | board officers for the ensuing year will | be elected. Metropolitan Votes Dividend. Directors of the National Metro- ‘politan Bank have declared the semi- | annual dividend of 3 per cent on the outstanding capital stock, payable on * October 15. Transfer books will be | closed from October 5 to October 14, | inclusive, officials announced. Commercial Credit Co. of Balti- more has filed a registration state- ment under the securities act of 1933 covering $30,000.000 of 3!, per cent debentures due 1951. According to the registration statement, the en- | tire net proceeds from the sale of | the debentures will be used to retire outstanding short-term notes or- to | purchase receivables in the ordmnry! course of business or to make ad-| vances to subsidiaries for such pur-| es. The next meeting of the safe de- | Posit section of the District Bankers' | Association will take place tomorrow | evening at 8 o'clock in the board room of the American Security & Trust Co. First meeting of the year, there are many matters awaiting discussion. “Baby Bond” Sales Allowed. United States savings bonds are to be offered for sale through two addi- tional fiscal agencies—Federal savings and loan associations and Federal credit unions, the Treasury announces. Any of these organizations which duly qualifies and which has a mem- bership of 500 or more will be author- ized to receive applications and remit- tances for savings bonds and to make delivery of the bonds. These trans- actions are to be handled only in connection with purchases by mem- bers of the respective organizations. Altogether there are 292 organiza- tions within this category, having an | aggregate membership of more than | 600,000, the Treasury said. Hereto- | fore the “baby” bonds have been sold | only through post offices, Federal Re- | serve banks or by the Treasurer of the United States upon application filed direct through the mail. Manages Arlington Office. Attracted by the rapid development of Arlington County and its environs, the District Title Insurance Co., which has heretofore confined its operations to the District of Columbia, has just opened an office in Virginia under the management of Robert A. Ryland, at- torney and president of the Arlington Title Co., Inc. The new offices of the District company are located in the Arlington Title Building at the south- ‘west corner of Fourteenth street North and Court House road, opposite the Court House. R. E. Coleman, who has been division passenger agent of the Baltimore & ‘Ohio Railroad in Washington, has been transferred to be divislon passenger | agent at Philadelphia, General Traffic | Manager W. B. Calloway announced today. He made a fine record in the Washington office. Harold Stone, president of the New York State Savings Bank Association, urged the formation of State-wide mortgage information bureaus for the improvement of real estate lending policies, at the opening of the annual convention today, the Associated Press peports. Today’s Trading on Exchange. Riggs National Bank preferred stock changed hands at 102 on the ‘Washington Stock Exchange today. The largest stock sale was in Carpel Corp., 89 shares selling at 25, a gain of two points from the last sale to the peak price of the year. Anacostia & Potomac R. R. 5s appeared on the board again today with $1,000 selling at 78':. There has been considerable activity in this dssue in recent sessions. Peoples Drug Stores common is now being quoted ex-dividend. The asked price on Mergenthaler today was 47; o sales. Wi bankers were much pleased over the election of Philip A. Benson as second vice president of the American Bankers' Association. Election of Tom K. Smith and Orval W. Adams was automatic. MARTIN STOCK INCREASED. BALTIMORE, September 24 (#).— The Glenn L. Martin Co., airplane builders, notified the State Tax Com- mission today that it had increased its capital stock from $1,000,000 to $1,500,000. The stock is divided into 1,500,000 common shares with & par Nalue. of $1 each, FINANCIA By Frivate Wire Direct to The Star. . 1934 Stock and Low. Dividend Rate. 110% Abr & Straus pf (T) % 59 Acme Steel Co (13> 9% Adams Exp (a20¢).. 177 A s Millis(a76¢c) 22'4 Address’graph(1).. 1'» Advance Rumley ... 58 Alr Reduction (11). 13 Alaska Jun (160¢)— 215 A1 Corv @ 12% Alleg pf wW330w 124 Allct pf wSi0w (a) 1215 Alleg pf xW (d) e 267 Alleg Steel (t1).... 157 Allied Chem (6)... Allled Mills (a50c). 6% Allfed Stores. . .. 69 Allied Stores pf (5) 35% Allis-Chalmers {113 19% Alpha Port Cmt (1) 2% Amal Leather 34 Amal Leather pf $2 x 75 Amerada Corp (2) .. 49 Am AgChm Del(3). 37 Am Bank Note (1)_ 40 Am Brake Shoe 1.60x 1373 115% Am Can (14) - 51% 30 Am Car & Foundry. 89 57% Am Car & Fdry pf_. 605 31 136 114% Am Chain pf $16 % 13% 7% Am Colortype 16% Am Crystal S(a50c! 89 AmCrysS 1st p£(6) 3!3 Am Encaustic.._-.. 6'2 Am & Foreign Pwr_ 25 Am & For Pw $6 pf_ 29% Am & For Pw $7 pf. 12 Am & For Pw 2d pf_ 13 Am Hawatlan (1)... 514 Am Hide & Leather. 32% Am Hide & L pf (3). 37 Am Home Pr (2.40). 231n Am Locomotive __. 66 Am Locomotive pf_ 21 Am Mch&Fy (80c) 10 Am Mch&Met a40c. 27 Am Metal T'3 Am Power & leh!_ 36% Am Pwr&Lt pf (5)- 43 Am Pwr&Lt pf (6)- 18% Am Radlator(alc) 233 Am Rolling M(1.20) 36 AmSafety Rn (2)- 18 Am Seating_____. 25% Am Shipbldg (2)_.. 563 Am Smelt&Ref (2). Am Sm&Ret pf (7). 2 Am Snuff (13) .. 20'; Am Steel Foundry.. 24% Am Stores (2).. 481 Am Sugar (2) - 20% Am Sumatra Tob 11 149'3 Am Tel & Teleg (9). s 87 Am Tobacco (5)__—. 8815 Am Tobacco B (5)_. 136 Am Tobacco pf (6) - 87« Am Type Found 19'« Am Wat Wksa20c. T Am Woolen__ - 5412 Am Woelen pf(33)._ 4'x Am Writ Pap pt (d) 3% Am Zinc & Lead __. 28 Anaconda Cop (1)-. 35 Anaconda Wire(2). 15'3 Anchor Cap (60¢c) . 97 Anchor Cap pf(63%) 37 Archer-Dan-Mal% 4% Armour (lllinois) __ 104 Armour(I11)pf(33) - 66‘. Arm'r(1il)pr pf (6). 471 Armstrong C (1%)- 102 104 150 15% 27 111 703 10 « Artloom Corp 12% Asso Dry Good 59 Atch To& S Fea2 90% Atch To&S Fe pf(5) 21% Atlantic Coast Line 11 AtlGuif& W Ind__ 134 Atl Gulf&W Ind pf. 263 Atlantic Ref (1) __. 48 Atlas Powder (t2) 112 Atlas Powder pf (6) 14 Atlas Tack (a30c) .. 26% Auburn Auto _ s Austin Nichols 2 Austin Nichols pf A 4% Aviation Corp (Del) 213 Baldwin Loco (d) . 2% Baldwin Lo asd(d)._ 126% 30 Hdle 10t 417 Bang & Aroos (2%) 110%; Bang & Aroos pf(7) 13% Barker Brothers £21, Barker Bros pf__ 14's Barnsdall O1l (80c) 163 Bayuk Cigars (75¢) 18 Beatrice Cream (1) 85 Beech-Nut P (13) _ 21% Bendix Aviat'n (al) 20 Beneficial L (t13). 48 Best& Co (12) 45% Beth Steel __ 161 Beth St1 6% pf(1).. 107%; Bethlehe Stl pf(7).. 32 Bigelow-San (1) 14'% Blaw-Knox (40¢).. 167 BoeingrAirplane _.. 41 Bohn Alumé&Br (3). 803 Bon Ami A (4) ... 39 Bon Ami (B) (2%). 25% Borden Co (1.60) 64 Borg-Warner (13) 6 Boston & Maine_ 113 Botany Min A (d) __ 121 Bridgp't Brass t40c 43% Brigzs MIg (12)._- 47y Briggs & Strat (3).. 41 Bristol Myers (12). 40% Bklyn-Man Tr (3) .. 97% Bklyn-Man T pf (6) 413 Bklyn & Queens.___. 44)3 Bklyn Un Gas (3) .. 45 Brown Shoe (3) ... 813 Brunswick-Balke__. 87 Bucyrus-Er 107's Bucyrus-Erie p! (7}: 91x Budd (EG) Mfg___ 7s Budd 2d pd..Oct 16 85 Budd (EG) Mfgpf. 8% Budd Wheel 20% Bullard Co (a50¢) - 1113 Bulova Watch_____. 15 Burr Ad'Mch(160c). 4 Bush Terminal (d). Sl‘ Bush Term deb (d). 14% Bush Term B pf cod 2% Butte Copper&Zine. 503 58t 104% 124, 5612 655 14% 173 113 157 1% 1151 14 31% 41% 33% 9 Byron Jackson t1__ 30‘/1 California Pkg(1%) % Callahan Zinc 6 Calumet&Hec a50c. 30 Campbell Wy (1).. Cannon Mills (a2)-. 87 CarClin &0 (4) ___ 6% Carriers & Gen 20 9214 Case (J I) Co 54% Caterpillar Trac(2) 21% Celanese Corp a50c. 19 Celotex Corp_. . 821 54 Celotex Corp pf.... 35% 26% Cent Aguire (11%). 57 35 Central RRoOfNJ.. 58 47% Cerrode Pasco (4).. 19% 8% Certain-teed Prod 671 5714 Certain-teed 6% Df- 120 “80% Certain-teed 7% Df- 21 19 ChampPap&F (1). 104% 101 Champ Paper pf(6). 224 Checker Cab Mfg.__. 59 Chesapeake Corp(3) 51 Ches & Ohio (2.80) 27 Chi & East Il pf(d) 1% Chi Grt West (d)-.. 4 ChiGrt W pf (d) = 115 Chi Mil St P&P (d). 2% Chi M St P&P pf (d) 2% Chi&NW () ... 6% Chi& N W pt (d)_. 1215 Chi Pneumatic Tool 40% Chi Pneu Tool pf. .. 8% Chi R1&P 6% pf td) 315 Chi R [&P 7% pf(d) L ChUEsuow Cabich 17% Chickash Cot Ol 7 Childs Co - 85% Chrysler (a6%)__. 15% City Ice & Fuel (2). 2% City Ice&F pt um 4% City Store! 23% Clark Equ! 48 Cluett Peabody (1)- 84 Coca-Cola (2).-oue 13 Colgate-P-P (60c).. 39% Collins & Afk $2___. Collins&A pf(7)cld- 3% Colo Fuel & Ir (d)... 23% Colo F& 1 pf (d) _ 1 284 Col Fuel & Ir (new) 2114 Colo & Southern.__ 19% Colo & South 1st pf 16 Colo & South 2d pf_ 14 Columb G&E (a20¢) 901 Col G & E pfA (6. 80% Col G & E pf (5. 31 Colum Pict vte ( 94 Colum Carb nolN) 81k 44 Comcl Credit (14)... 118 100% Comcl Credit pf 4% 82% 55 Comcl Invst Tr (4)- 24% 14% Comcl Solv (60¢) .. 5% 2% Comw & Southera.... 324 313 Sales— Add 00. High. Low. Close. Chge. II|:I+: 1+ SRS (N} FoFE g 1201 +4+ A £ FrFEFIS I1++11++ +1 1+ 14 e T 15 1 1708 1131 113 lla' 95 13% 157% — % 78% + W 27 + % 291 — % 8215 + % 29 -1 43% +1% 544 + % 0% 1 6 — % 19 =1 204 + % 103t 1035 43% 437 ~1% 84% +14 67% — W 5% — 4% [ 2% 10% + % 1% 3% 3% 91 — % 17% — % 58 -1 5% 5% — % 27% — % 18 9% + % 119 +1% 17 IS PRI LTINS Y 17% ' 116 17 834 84 +1 8 ™% % - % 5 37% 36% 37 - % 5 61% 61% 61% — 3% 1122 122 122 + % 16 4% 14% 14% — % 57% b56% 56% — 4 100- 110% 110% 110% 69 6% 6 6% + % 4408 28% 26 28 +1% 68 32 344 +2% 908 5108 3408 5 29% 33 19% 107 + % 99 -2 81‘/. 37% — % 162 M+ W - Net | High, Prev. 1036 Stock and ow. _ Divigend Rate, "adé 00 82 59% Comw & Sou pt (3). 2% 7 . 78 65% Consol Cigar pf (1) 308 44% 274 Consol Edison (2).. 109 102 Consol Ed NY pr(f)x 4% Consol Film. 15% Cons Film pf (31).. 3% Consol Laundries... 113 Consol Oil (160c)__. 5% ConsolR R Cuba pf_ % Consol Textile (d). 2 Cons Coal (Del)vte. 12% Cons C (Del) pf vte. 15% Container Corp (1), 10% Contl Baking (A)... 1% Contl Baking (B) .. 67% Contl Baking pf (8). 6714 Contl Can (3) - 174 Contl Dia Fibre(2). 35% Contl Insur (11.20). 214 Contl Motors. .. 28% Cont Oil of Del(11). 27 Contl Steel (2)____. 551 Corn Ex Bk&Tr (3). 63% Corn Prod Ref (3)__ . 16;‘4 158 Corn Prod R pf (7). 4 Coty Inc 35 Creamof Wh (fl_.. 15% Crosley Rad (a50¢c). 43% Crown C &S (2)._.. 46'% Crwn C&S pf ww 23§ 7% Crown Zelleb'k vie. 28 Crucible Steel ... _. 95% Crucible Stl pf (13). 6% Cuban-Am Sugar__. 631 Cuban Am Sug pf.. 16% Curtis Publishing.. 99% Curtis Pub of (7). 4 Curtiss Wright..__. 10% Curtiss Wright (A). 59 Cushmanspf (3%). 3614 Cushman Sonspf . 43% Cutler-Hammer t1. 52 Deere & Co 19% De Wem-G (1) 36% Delaware & Hudson 147 Del Lack & West ___ 4% Den&Rio GW pf (d) 42 Devoe&Rey (A) (2) 33 Diamond Mteh t1%. 184 Dist Corp Seag Ltd. 41'; Dome Mines (t2) __. 7% Dominion Stores .. 50% Dourlass Afreraft_. 29 Dresser A (b1%) 47 Dunhill Internat] 167'« 133 Du Pont de N 13.60. 115% 111% Duquesne Lt 1st (5) 9% 55 Eastern Roll Mills_, 186 156 Eastman Kod (15)-. 37% 28'4 Eaton Mfg (2) ... 13 5% Eitington-Schild___ 443 30% FElec Auto Lite (a2). 114 1104 Elec Auto L pf (7). 17% 10 Electric Boat 51 Elec&Mus In(b24c) 6% ElecPw& Lt _____ 2915 Elec Pw & Lt $6 pf_ 323, Elec Pw & Lt 37 pf_ 42% Elec Stor Bat (12)_ 114 Elk Horn Cpf (d) . 5313 Endicott-John (3) _. 7'3 Eng Public Service. 45'; Eng P S $5pf (210). 5% Equit Office Ba20c.. 11 ErieRR.. 16 Erle RR1stpf-.._. 11% Erife R R 2d pf. %4 12 Eureka Vac C uoc) 2314 Evans Products (1) 2% Fairbanks Co.. ... 815 Fairbanks Co pf- '« 34% Fairb'ks-Morse(t1) lRfl‘- 12213 Fairbanks-M pf(6). 31% Fajardo Sugar (2) 18% Federal Lt & Tra: 6974 Fed Min & Smelt p 73 Federal Mot Tr 40c. 215 Fed Water Sve (A). 2013 Fed'd Dept St $1.40. 38 Fid Phoe F 1 (11.20) 247 Firest T&R (a30¢)._ 1004 Firestone pf A (6). 40 First Nat Strs (234) 32% Flintkote Co (1).__ 37 Follansbee Bros (d) A2 Food Machine (1).. 2413 Fost Wheeler new _. 3013 Fourth Nat 1a1.45_ 63 Frank Sim pf (37) 2315 Freeport-Texas (1) 31 Fuller Co 2d vf..... 3% Gabriel Co (A)oeeoo 11'; Gamewell Co__. 13 Gen Am Investor: 42'% Gen Am Trans 1% _. 21 Gen Asphalt (b25¢) 10% Gen Baking (t60¢)_. + 141 Gen Baking pf (8)_. 7' Gen Bronze. ... 5% Gen Cable. caceuea 17 Gen Cabl e 5215 Gen Cigar (t4) oeo. 3415 Gen Electric (1) ... x 140 33% Gen Foods (1.80) __. 14 7a Gen Gas & Elee (A) 20 14 GenGAE 6%cv pfA 1408 19 Gen Gas&El 7% pf_. 108 191; Gen GRE 8% pf A_. 20s 2 B8 Gen Mills (3) 11715 Gen Mills pf (6) ... 5374 Gen Motors (12) 5% Gen Outdoors Ad 18% Gen Outdoor Adv A. 314 Gen Pub Service.__. 32!3 Gen Ry Signal (1).. 2 Gen Realty & Util__ 261 Gen Real&U pf ww. 33% Gen Refrac 1all%)._ 321 Gen Stl Casting pf_ 910s 17 Gen Theatre Equip. 20 30% Gen Time Inv (1)__. 8 13% Gillette Saf Ras (1) 16 6% Gimbel Bros. . 50 69 Gimbel Bros pf(a3) 393, Gliaden Co (2) 52% Glidden cv pf(2%)- 37 Gobel (Adolf) 674 Goebel Brew (t20¢c) 12% Gold Dust vte (60¢) 13% Goodrich (B F) 74 G'drich(BF)pf n(5) 21% Goodyear T & R.__. 87 Goodyear $7 pf (4). 8% Gotham Silk Hose_. 77 Goth 8ilk H pf (7). 2 Graham-Paige __.. 1% Granby (24 stpd) .. 31 Grand Union ctfs__. 16 Grand Un pf $87%ec. 24'% Granite City St1 (1) 281 Grant (W T) (1.40) 3214 Grt Northern pf. 16 Grt North'n Ore (1) 31 Grt West Sug (2.40) 22 Green (HL)Co(t1). 48% Greyhound C'p 3.20. 1% Guantanamo Sugar. 24 Guantanamo Sug pf 10| 9% Gulf Mobile & N___. 6 Hall(WF)Printing. 14 Hamilton Watch __. 30% Harbison Walk(2)_. 126 120 Harb Walker pf (6) 30s 16% 12 Hat Corpof Am (A) 1 115 104% HatCprww (6%)-. 60s 9 4% Hayes Body. P 133 102 Hazel Atlas Gl (15). 3 35% 25% Hercules Motor (1). 6 135 126 HerculesPpf (7). 10s 80 59 Hershey Choe (3).. 116 108 23% 9 Hollander ('500)-_ 37% 19% Holly Sugar (2) .. 544 414 Homestake (112) _. 397% Houd-Hersh (A)2%. 22% Houd-Her (B) t1%. 54% House Fin A (13)... 6% Houston Oil vto. ... 48% Howe Sound (13) . 3% Hudson & Manhat__ 13% Hudson Motor Car.. 208 2 10 141 106 Ingersoll-Rand(t2). 117 88% Inland Steel (3).__. 1 13% 6% Inspiration Copper. 7% 5% Ins Sh Md ctfalSe. 18% 113 Interboro R T (d)—— 15% 9% Interlake Iron_ ____ 5% 2% Int Agricultural ... 56% 35% IntCement (2).—... 21 90% b56% Int Harvester 2%._. 6% 2% Int Hydro Elec (A). 7 62% 43% Intl Nickel (1.40). 104 132 125% Int Nick(Can)pf(7) ¥ 3% Int Paper & Pw (A) 14 4 2% Int-Paper & Pw (B). 2 3% _ 1% Int Paper & Pw (C) 4 51% 20% Int Paper & Pwpf.. 118 44 37 IntPrintInk (1.30) 1 3% Int Ry Cent Amer.. 290s 3 Int Ry Cent Am vte 340s 19% Int Rwy Cent A pf. 5008 16 IntSliver ______... 16 50 Int Silverpf.. 12 Int Tel & Tel 10% Interstate D S a50e.x 82 Int Dept Strs pf(7). 15 Intertype Corp (1) 295 24% Island Creek (2).__.x 3 126 113 Island Creek of (6) x 108 88 585 Jewel Tea (14)... . 2 129 88 Johns-Manville 2. 126% 121% Johns-Manv p! (1)_ 117 * 76% Jones&laugh 7 43% 39% 2 2 2 20 1 64 8 20s 1 Stovel. 00. 1 High. Low. 11 5, 11% % 1624 113% T 171 39% 12 4y ll“i 5‘& 158% 69% 18% 107% 44 5! T6% 7 100 10% 9313 28 3% 3% 115 2 lll i% 1% 3!% 25% 100% 20% 10‘! I”fi 6% 69 434 42% 42% l 106% 105% 10 4% 1% 1 filh 33% 24% 57% % % 4% 6% 161% 113% &l 170 37% 11% 434 111 13 54 14% 32'& 4% 28'y 33% 4215 23 354 ™ 161 384 55'5 18 1074% 434 534 4% 7 13% 22 6% 24 100 10% 9315 2% 3% 315 60% 131 % 3% 8\& 24% 100 20% 28 27% 28 + % 124% 124% 1::% +34% 874% 4 119 118% 119 10s 123 123 123 % ©f 1708 115 114 115 1 4% 4% Ifl ‘"fl k3 33% = T0% 5% 4% % ‘ -% + % + % - + % * '3 B FEEF FEFVE F 162'% 113% T 170 3874 62 131 -1 % + % 3% + % 25% + % 100 -1 20% + % +3 -1 -1 4% + % 19, :C., THURSDAY, SEPTEMBER 24, 193 PI.' 1938 Low. 13 KansCity Southern 26% 17 Kaufman Dep 8 (1) 20 Kelsey-Hayes (A).. 18 Kelsey-Hayes (B).. 14% Kelvinator (150¢) .. 87 Kendallpf A (16).. 28% Kennecott C (1.20) . 17% Keystone S&W (3 30 Ki 'k and 19% Kroger G&B (LIOJ. 15% Lambert Co (3).._. 12 Lee Rub&Tire(50c). 15% Leh Port Cmt a25e... 2 Lehigh Valley Coal. 9% Lehigh Val Coal pf. 81 Lehigh ey R R 12 Lehn & Fink (1%)- 371 Lerner Stores (2)__ 7 Libby McNeill & L_ 47% Libby-Ow Gl(a2%). 97 Ligg & Myers (t4)_ 97% Ligg&Myers B (t4). 257% Lima Locomotive._ . 36 Link Belt (11.20) ___ 32 quula Carb(1.60).. 45 40 Loose-Wiles (2).._ 26% 21% Lorillard (P)(1.20). 151 142 Lorillard (P) pf(7). 51% 13 La Ofl Ref pf (d)... 30 20 LouisvG&EpfA 1% 94 57% Lou & Nash (a4%4). 35 224 Ludlum Steel (1)_. 42 35 MacAnd & For (2).. 29 McCall Corp (2).o.. 19 121 McCrory Store: 92 McCrory Strs 16 McGraw Hill Pub _ 39% Mclntyre Poreu (2) 85 McKeesp't T P (14). 8% McKesson & Rob _. 37% McKess&Rob pf(3). 11'3 McLellan Store: 27% Mack Truck (1) 40's Macy (R H) Co (2). 8% Madison 8q G t60c.. 7% Manati Sug pt (d) 83 Marine Midld (40e). 11's Marshall Field & Co 6'3 Martin Parry 2714 Mathieson Alk 1%, 43% May Dept Strs (I)_. 135 Maytag Co ___ 55% Melville Shoe (4) . 6% Mengel Co. 50 Mengel Co v 3115 Merch & Min 40% Mesta Mach (a3% ). 5% Miam! Copper.. 171 Mid-Contl Pet ad0c_ 21% Mid Stl Prod (a?) .- 110 Mid Stl 1st pt (8)__ 88 Milw El R&L pf (6) 615 Mann Moline Pwr_ 57% Minn Moline Pwr pt 1% M St P&S S Marie_. 2! M St P&S S M pt 2% M St PAS S Mlsin_ 16% Mission Corp 513 Mo Kans & Tex: 141 Mo Kans & Tex p 2'a Missouri Pacific(d). 3% Mo Pacific pf (d). . 19% Mohawk Carpet (1) 79 Monsanto Chem(+t1) 35% Montg’y Ward 80c... % Mother Lode = 28% Motor Prod (12) ___. 151 Motor Wheel (1)___ 11% Mullins Mfg (B) 14 Murray Corp._ 43 Myers (FE) ('2). 15 Nash Motors (1) 201 Nashv Chat & St L. 1214 Natl Acme (a25e)-. 913 Nat Aviation _ 38% 3013 Nat Biscuit (1.60) 164 153 Nat Biscuit pf (7). 30 211 Nat Cash Reg (50c) 281 21 Nat Dairy P (1.20) 112% 10815 Nat Dairy P pf A(7) 10 Nat Dept Stores___ i 26% Nat Lead (150¢) - 144 137% Nat Lead pf B (6) 9% Sat B & ¢ $600) 10% Natomas (t80¢) 32 Nejaner Bros (2) 9 Newport Industries 325 N Y Alrbrake as0c.. 2% NYCentral RR ... 17% N Y Chicago & St L. 36 NYChi&StLpf__. 10% N Y Dock pf_ - 1 N Y Investors (d).. 3 NYNH&H ). .. 7% NY NH & H pt (d) _ 4 NYOntario & West 913 N Y Shipbuilding 57 NY Shipblde pf(i). 83 N Y Steam pf (6) . 9313 N Y Steam 1st (7) .. 6% North Am Aviation. 2312 North Am Co (1) 52% North Am Co pf (3). 98 North Am Ed pf(6). N Pi 2 Norwalk Tire&Rub. 12% Ohto O1l (50€) ... 17 Omnibus Corp vte.. 8 Oppenheim Collins_ INMII'A mmnn. Low. Close. Chge. 101 + % 48% — % 28% +1% 3 —-% 814 26% 45% 20% 17% 14% 29 3% 16% 18% 15% 59 e + 1+ & FEF F P OFEF Bs' cm. 105 105 35 4T 41% 59 106 2% 4% 40% 22% 145% 9 6915 105 105 N I | creeres ® srecee T+ 4+ ++1 4+ © - FErEE (1 s ol T++ ++++ EEF SESF +4411 +4i% FIyiE FEES L+ % [ ES I+ 10s 104 24% Otis Elevator (60¢) x 10 13 Pac Am Fisher (1). 31 Pacific Coast. 814 Pacific Coast 1st. 4's Pacific Coast 2d._ 30% PacificG & E (1%). 47% Pacific Ltg (2.40 14% Pacific Mill 11% Pacific W'a 6% Packard Mot(a25c). 1% Panhandle Pro& R. 109 103 Paraffine Cor pf (4). T4% Paramount Pict.__. 59 Paramount 1stpf . 84 Paramount P 2d pf_ 2% Park Utah 40% Parke Davis (a1%). 23 Parker Rust P1%.. 4% Parmelee Transp't_. 6% Pathe F'ilm Co 10% Patino Mines 415 Penn Dixie Cement. 28% Penn Dixie CDfA__ 28Y% Penn Railroad (al). 38 Peoples Gas Chi.. 12%; Pet C'pof Amas50c. 1014 Pfeiffer Brew (1.20) 25% Phelps Dodge a75c- 81la Phila Co pf (6) new 8t Phila Rap Tr pf (d) 1% Phila& Read C&1_. 66 Phillip Morris (3)_ 38% Phillips Petrol (t1) & Phillips P rts Oct 5. 1% Plerce Petroleum __. 30 Pillsbury F1 (1.60)- T4 Pitts Coal .. 351 Pitts Coal pt. T3 Pitts Screw al2 0. 49 Pitts Steelpf_____. 3 Pitts United Corp.. 21 Pitts& W Va__ 11% Plymouth O11 (1)_—. 12 Poor & Co (B). . 1% Porto R Am Tob B._. 6% Postal Tel&C pf (d) 234 Pressed Stl Car (d) 18 Pressed Stl C pf (d) 40% Proct & Gam(t1%). 49% 39 PubSve NJ (2.40)_ 113 1031 Pub Sve N J pf (5)_ 62% 36% Pullman Inc (1%)—. 24% 16 PureOil .. . 133% 103 Pure Oil 8% pf. 18 9% Purity Bakeries 40c 9% Radio Corp ... 68% Radio Corppf A 3% 5 Radio-Keith-Or (d).. 39 Reading 1st pf (2)- 9% Real Silk Hosiery... » N E [ IR T T PPN R TN 1308 3 110 25 hfl 1936 Btock and Low. =5 34 221 Reynolds Met (1)~ 34 25 Reynolds Sprg (1)- 58% 50 Reynolds Tob B (3) 35 19% Ritter Dental 47% 32 Roan AnteC 1b7lc) 36% 27 Safeway Stores (2). Strs pf (6) INV. 110% Safeway Strs of (7) 22 St Josepr L4 (80c). 1% St L-San i'ran (d) 2% St L-San Fr pf (a)_ 11 Savage Arms...... 87% Schenley Distill (3) 1% Schulte R Strs (d) .. 53% Scott Paper (2).._. 7 Seaboard Afr L (d). 30% Seaboard Oil (1) 31 Seagrave Corp._. 59% Sears Roebuck 2% Second Natl Invest. 61% Sec Nat Inv pf $2.90 15% Servel. Inc (80c)__ 20% Sharon Steel Hoop_. 4% Sharpe & Dohme_ 11% Shattuck F G (50¢). 301 Sheaffer Pen (2)___ 14% Shell Union Oil 8% Silver King (60c) - 19% Simmons Co (a50c) 19'2 Skelly O} __ Snider Packing. 12% Socony-Vac O (50¢) 3% So Am G & P(a20c). 26 South Port 8 (12) _ 160 150 So Porto R S pf (8). 25 South Cal Ed (1%). 231 Southern Pact - 12% Southern Railw. 19 Southern Ry pf. 6314 Spalding(AG)1 1 nz 1015 Spang Chal pf $815. 5% Sparks-Withington. 6% Spear & Co___ 29% Spencer Kell (1.60). 157 Sperry C'p vte (al). 13% Spicer Mg . _... 44 Splcer Mfg pf (3)__ 63 Spiegel-May-S (3)_ 21% Spuare D(B)a67'z¢. 14% Stand Brands (80c) 93 Stand Com Tobacco. 54 Stand Gas & El (d). 915 Stand G&E $4 pf (d) 24% Stand G&E $6 pf(d) 26% Stand G&E $7 pf (d) 35 Stand Oof Cal (t1). 32% Stand Ofl of [nd t1. 25 Stand Oil of Kans __ 51'4 Stand Oflof NJ (11 24% Starrett(L §)11.40_ 65 Sterling Prod (3.80) 2%, Sterling Secur (A) . 16'4 Stewart Warn(50¢c). 14% Stone & Webster___ 9% Studebaker Corp.... 118 Sun Ofl pf (6) 27 Superheater (80¢c) - 3 Superior Ofl 9% Surerior Steel 23 Sutherind Pap 11.60 6% Sweets Co of Am. 20% Swift & Co (1).. 1's Symington (d)_ 5 Symington A (d) 6% Telautograph (60c) 5% Tennessee Corp _. 2873 Texas Corp'n (11)_. 33 Texas Gulf Sul (2). 7'3 Tex Pac C & O a25c. 94 Tex Pac Land Trust 337 Thatcher (1).. 812 Thermolid Co.. 314 Third Avenue 231 Third Nat Inva 24% Thomp'n Prod aéfc. 47s Thompson Starrett. 39% 26 Thompson Star pf_._ 19'a 14% Tide W Asso O 60c. 106% 100% Tide Wat A O pf(6) 37s 12's Timken Detroit(t1) 56 Timken Roll B (12) 11 Transamerica t40c. 147% Trans & Westn Air_ 103 Transue &W (t60c) .. Tl Tri-Cont Corp a2ic.. 93 Tri-Contl C pt (6)_. 47 Truax-Tra Coal ___ 2215 20th Cent Fox Film 31% 20th Cent Fpf 1% 8% TwinCity RT. 65% Twin City R T pf. Ulen & Co_ Und-Ell-Fisher (3). 38'3 Union Bag&Pap (2) 1% Union Carb&C 2.80 4 20% Union O1l of Cal (1) 108'; Union Pacific (6)__. 22% Union Tank C 1.20_. 20% United Alrcraft 13 United Air Line vte 4 24'¢ United Bise (1.60)_. 112'3 United Bisc pf 32 ¢ 68 United Carbon (3)_ 22% Unit-Carr Fast (2). 5% United Corp __ 40 United Corp pf (3)_ 103, United Drug (a30c) 93 United Dyew pt (7) 4 United Elec Coal... 6615 United Fruit (3)___ 14% United Gas Imp (1) 10 U S Distributing pf. 91 US&ForSist (6). 241 U S Freight (1) . 8033 U S Gypsum (2).... a U S Hoffman . _ _ 31% U S Indus Alcohol.. 5 US Leather vtc. .. 10% U S Leather A vte__ 71 US Leath pr pf vtc. 21%; USPipe & Fy(1%). T US Realty & Imp.. 16% U S Rubber.. - 47 U S Rubber 1st 72% U S Sm & Ref (ll“) kt 46% U S Steel llflh 115% U S Steel pf (4)-__. % 5 United Stores (A)_. 843 57% Univ Leaf Tob (13) 165 153 Univ Leaf T pf (8). 3t Utll Pwr & Lt (A) .. 1 Vadsco Sates Corp._ 30 Vadsco Sales Co pf. 16'4 Vanadium Corp ... 28% Van Raalte (all3). 40 Vick Chem (12)___. 44 Va-Car Chemical 114!2109 Va El-& Pwr pf (6) 4'% 2!, Wabash (d).__ 10% 5 WabashpfA (d)-.. 18 ‘Waldorf Sys t1.20_. Walgreen Co (2) ... Walker (H) (2)oao Walworth Co. Ward Baking Ward Baking B erd Baking pf ¢ ner Bros Pict. w arner Bros pic pf. Warner-Quin (d) Warren Bros.__ '+ Warren Bros cv pf_ 193 Waukesha Mot (1) 6's Webster Eisenlohr. 1 Wells Fargo_ ’43% W!llon O&S( 944 30 261 5l 95 w t Pa Elec pf (7) 8% Western Maryland. 51a Western Pacific pf.. 7213 West'n Union (a2).. 34% West'gh’se A B (1) 9415 Westingh'se El (4). 22% Weston Bl 1 (a25¢). 19% Westvaco Ch 140 32% Westvaco 5%pf 1 99 Wheel & LE pf 5% 2115 Wheeling Steel . 84 Wheeling Stl pf $2_ 18% White Motor __.__. 13% White Rk M S(1.40) 3% White Sewing Mch_ 16 White Sew Mch pf_. 2% Wilcox Oil & Gas__. 6% Wilson & Co (50c)... 44% Woolworth (2.40)__ 2314 Worthington Pump. 56 Worth Pumppf A_. Wrigley W ir (13)_. 33% Yale & Towne (60c) 8% Yellow Truck.. 8315 Yellow Truck pf. 70 Real Silk Hos pf... 1 12% Rellable Stores .. 17% Rem Rand (160¢) - 21 R'm-R6%prpfli% 85 Rem-Rand pt (6)--. 4% Reo Motor Car_.... 8% Rep Stlprpf A ( CUBA SHIPS LESS SUGAR. between January 1 19, sompared with 2,084,590 tems dur- 73 4 ]l(!fi !NN 114% 3 99 98% 98% + % 42% Young Spr&W (13). 84% 41% Youngs'tn Sheet&T. 122 105 Ygstn S&T pf(5%)- 40% 11% Zenith Radio._.. 9% 5% Zonite Products. Y BEEES +1 L4+ 4 14+ 10 ON THE NEW YORK STOCK EXCHANGESTOS IRRECY * AT END OF SESSION Some Recover Early Losses_,’ but Number Remain at Lower Levels. Stock Averages 18l il 3% ol Net change. —.2 Unc. —1 Today, noon- 90.6 514 68.3 Prev. day... 90.8 51.4 684 514 676 371 494 534 69.6 85.7 56.1 348 1932 10W.eue 175 169 1929 high...146.9 153.9 184.3 157.7 1927 10W.o.. 51.6 953 618 618 67.3 - 920 134 76.3 (Comptled by the Associated Press.) BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, September 24—Ti.e stock market ran a slight tempera=, ture this forenoon over the foreign situation, but felt better later and an assortment of issues came back fer net gains of fractions to 2 points or so0. Profit taking, at the same time, kept a number of leaders well in the background. The pace was slow after | the opening. Transfers approximated 11,150,000 shares. Piscal troubles of the French, with 2 | concern expressed over the possibility ™| of imminent devaluation of the frane, 4 | inspired early selling in most depart- “ Wl ] '. AL “ ments, list gave ground grudging, however, and the lightness of liquid: | tion finally brought buying in several departments, although demand was ;rnr from buoyant. | The French currency stiffened when the Bank of Prance boosted its dise 1, | count rate as a means of halting the Sterling, on the con- in terms of | gold outflow. | trary, fell back sharply lha dollar. Domestic economic developments | helped to offset nervousness caused " | by the cloudy prospects abroad. %l % i 3% % % n s “ | October _ -~ +% 291 5% 6T — % 1324a +1% 66l 4 -1y 19% + 4 141 -1 49% ~ % 80% +1% 1117% 117% 117% -~ % 24 39% 39 39% — % Th THh Th— % Approximate Sales of Stocks on the N. ¥. Stock Exchange. 11:00 A M. 21!0 000 1:00 P.M.__.. 690. :00 P.M. - Total s-m for the day. 1,190,000 1n the above table are thc annual eash D!vmmo rates as git based -ee 500,000 + 860,000 o0 the lnen nu-nnl: or half OLTER of Lrading TR Seras ¥ 1325 T2 Gividend iess thi hv.lll 'IMIIMI.‘ an A et Aeenmnhua dividends s Pai panies reported Co., sugar brokers ' tons. ing the corresponding period last year, NEW YORK, September 24 (P)— | & decrease of 47,205 tons, Lamborn & A total of 2,017,344 long tons of sugar, value, Gflfll“ from Guba ts to the United States totaled i - m ::'?lm tons, s decrease of 150,786 | Missouri mines were sold yesterday at|a :oamn share, announced. Ship- 250 TONS OF LEAD SOLD. NEW YORK, September 24 (#).— The St. Joseph Lead Co. reports that 250 tons of pig lead from Southeast |income was $15963, equal to 75 cent $4.45 per 100 pounds, St. Pressed Steel Car preferred was given a lift of 2 points on court approval of the company's reorganization plan. Chrysler enjoyed a belated run-up @ | around 2. Among other prominent performers on the upside were Louis= | ville & Nashville, Atlantic Coast Line, Delaware & Hudson, Westinghouse, United States Smelting, National Steel, Youngstown Sheet & Tube and J. C. Penny. NEW YORK COTTON | By the Associated Press. NEW YORK, September 24 —Fof noon advances on continued trade buying and covering met further hedging and liquidation in cotton toe day. December was ruling around 11.89 in late trading, with the market show- | ing net advances of about 1 to 4 points. Futures closed steadr. lower Hizh October Decembe: January Ccnonued oil. Bleachable cottonseed ofl futures | closed steady. September, 10.26b; October, 10.12b; December., 10.21a 10.22; January, 10.23b: March, 10.30. | Sales, 65 contracts, including two switches. b—Bid. New Orleans Prices. ORLE. September steady at lnw_ NEW a4 i 1 point up December Jant 54 closed steads ellow. 9.80a10.00 uvmf- 3 September. 9.82b: Oc December. 9.75b e Ma'ch Bab; May, 0.85 Beptember expired at noon. Liverpool Quotations. VERPOOL. September 24 ) —Cot! ales. American nil” Spot in Mr demand. prices 6 points lower. Quotal ence: ~American t 200d midd =ooc middling, strict midd) + low middli stric | 5.000 GROUP ORGANIZED 2 | Frank Parker of Waynesboro Heads Central Association for Four Counties. Ey the Associated Press. WAYNESBORO. Va., September 24. —Apple growers from four counties organized the Central Virginia Apple | Association here last night with Frank Parker of Waynesboro. president. | Henry Goodwin of Afton was chosen vice president and Leo Mehler of Waynesboro, secretary-treasurer. The association, which planned for weekly meetings during the packing season for consideration of problems facing the apple industry, fixed cents per: bushel for orchard Yorks, free from hail damage, as the basis for truck sales this year. Frank Armstrong, jr. general man- ager of the National PFruit Products Co., told the growers his organization could not increase the price for cider apples, although he offered a premium_ for No. 2 “Peerless, with a 2%-inch minimum. Plans also were announced Mor €e construction of a plant here next year for the production of apple butter and apple sauce, materially aiding in te | sale o foff-grade apples. Growers attended from Augusta, Nelson, Albemarle and Rockbridge counties. FAR WESTERN BUSINESS INDEX AT NEW PEAK Special Dispatch to The Btar. SAN FRANCISCO, September 24.— The highest level since August, 193}. was reached by the Bank of Americasd preliminary August, 1936 index of Far ‘Western business. Gaining 7.6 points or 11 per cent over the corresponding month last year, the August, 1936 index regis- tered 76.5, an increase of 1.7 points or 2.3 per cent over the revised July index. The bank’s August index - also showed gains of 18.1 per cent over August, 1934, 24.4 per cent over Au=- gust, 1933 and 30.3 per cent over | August, 1932. T » Gamewell Co.—August quarter net against deficit g 1,