Evening Star Newspaper, September 27, 1936, Page 60

G—4 FINANCIAL. THE SUNDAY STAR, WASHINGTON, D. C, SEPTEMBER 27, 1936—PART FIVE. FINANCIAL. ~ CURB LIST JOINS WEEKLY SUMMARY OF THE NEW YORK CURB MARKET PACIFIC MUTUAL - WEEK ENDING SATURDAY, SEPTEMBER 26, 1936, lli- :;I:" 936 PLAN PRESENTED Sow. _ Stocks and dividends. . . Stocks and dividends. e Low. Btocks and dividends High. 27% Doehler Die-C (a50c)... 35 34! 85% + %| 31 21 NatContainer (2). 2 42 Scranton Spr B Wat pf. 85 2% Securities Corp gen..... 3 GENERAL ADVANCE) s ez Leaders Up Fractions to 99 Adams Mill 18t pf (T) e 110 2% Aero Supply (B)ceea. 13% Agfa ADSCO. - oo ccmee. 44% Ainsworth Mfg (2).-. 46 Domin Br Co Ltd 1.20__. 46% " 28 17% Nat Fuel Gas (1) 4% Dominion Sti&Coal (B) 15% Douglas (W L) Shoe pf. 94% Dow Chemical (2.40) .. 117% 65% Draper Corp (13.40) .. 76 26 Driver Harris (1) cccaua 57 45% Nat Gypsum Co (A)-oee 1% Nat Investors. .. ceeea. W Nat Investors war...... Invest pf (21.50. 49% 49% — % 1% Segal Lock & Hdw 1% & 80 +9 1% 2 Seiberling Rubber...... 264 Selected Industries.___. 78 Select Ind all ctfs (5%) 81 Selext Ind prior pf(5ig) Provides for Reduced Benefits Under Non-Cancellable Poli- cies—Others Protected. % Dubtlier Condenser..... 5% 66 Duke Po (3) e 5 Duval Texas Sulpbur... 7% Eagle Pitcher Ld (40c) . 4 East'n Gas & Fuel Asso. 41% EastnG & F pf (6) ___. 9% East'n G&F prpf (4%). 1% Eastern States Power... 24% Eastn States Pw pf (A). 23 Eastn States Pw pf (B) 6% Easy Wash Mch(B)150cx 86 Edison Bros Strs (1.60). 2% Eisler Elec Corp 156% Elec Bond & Sha 644 Elec Bd & Share pt 74% Elec 8d & Share of (6)._. 9% Elec Pwr Assoc (al0c) _. 6% Elec Pwr Asso(A) allc. Elec Pw & Lt opt war.. Elec Pw& Lt 2d pf A Elec Shareholding __. Elec Share pf ww (33).. Electrographic (t1) .. EmpireG & F 6% pf_.. Empire G & F 1% pf_._. EmpireG& F 8% vf___. % Sentry Safety Control_. % Seton Leather . 8% Seversky Alrcraft Corp- 4% Shattuck Den Min_ . 18% Shawinigan W&P(60c)- 1% Shenandoah COTp.-- —eee 56 47% Shenandoah Corp pf.... 145% 117 Sherwin-Willms (4)__.. 136% 116 110 Sher-Will'ms pf new (5) 111 20% 16 Sherwin-Willms of Can. 18% 365 328 Singer Mfg Co (16) .._. 345 7% 3% Sing Mf Ltd re 8 % 6% 34% 19% Smith-C T vic ext a25c.x 27% 3% 1% Sonotone Corp (al0c)... 2% 40% 32! South Penn Ofl (11%) .. 40% 29% 27'% South Cal Ed pf (1% )B. 28% 28% 26% Bouth Cal EApf (1%)C. 27T% 6% 2% South Colo Power (A).. & 2% 1 Southern UnionGas ... 1% 11% 6% Southland Royalty 40c.. 8% e 1% Spanish & General rcts 9% Spencer Chain Strs 60c_ 29 Square DCopf A (2.20). 1% Standard Brewing . 35% Stand Invest cum pf Bj the Associated Press. RICHMOND, Va., September 26.-= The revised rehabilitation plan for the Pacific Mutual Life Insurance Co. provides for a reduction of benefits under non-cancellable policies of from 8 to 10 per cent, but would protect all other contracts in full, the ine surance division of the State Corpora« tion Commission was informed today. George A. Bowles, superintendent of insurance, said the plan was filed in Superior Court, Los Angeles, Calif , and an order had been issued giving any objectors 20 days in which to reply. Under the new proposal the new company reinsures and takes over assets of the old and assures protec- tion of all policies except the non- cancellable income policies. The new company may be mu- 23 Afr Investors Inc % Alr Investors Inc 5% 27 Air Investors Inc o 28% 574 Ala Great Sou (all) . 58 Alabama Power pf (6. 67% Alabama Power pf (7). Wk Dk Aaiopiaro Eeuy. 19 Allen Indus (11) NEW YORK, September 26.—The 2 Ailioa e Curb joined other financial markets 21 Allied Products(A) 1% today in a favorable response to the 87 Aluminum Co of Amer.. French currency revaluation plan. 121'2109 Alum Co of Am pf 3414 _ On an irregular advance during the 156 Aluminum Goods;do\:_. first_hour there was some increase o Asminumiing (ifo) Aluminum Ltd . in offerings, but at the finish leaders 87 Aluminum, Ltd cum generally were improved fractions to 2% Am Beverage COrp-—.. & point or more. 68 Am Book CO (4)-—ccwee. Gulf Oil, Margay Oil, New York & & Am Capital (B) Honduras Rosario Mining, Apex Elec- 41 Am (:mos P&L A (.’fi)& tric and Dow Chemical were among 46 Am Cit P&L A ww 2% __ those scoring the largest gains. Prac- 5% AmCP&L B (a200). - 29% Am Cynamid (B) (60¢)_ tionally on the plus side were Wayne %% Am & For PWF war.__. Pump, Niagara Hudson Power, Amer- 19 Am Fork & Hoe (1) . jcan Light & Traction, Electric Bond 33% Am Gas & Elec (1.40) .. & Share and United Gas. 44+ ® * Point or More Despite Some Selling. - EEFES “~ lm Nat Steel Car Ltd ... 23 NatSugar NJ (2) oo 9% Natl Transit (76¢) oo & Nat Unton R: 3 Nebel (Oscar) % th Corp T+11+ FEFHE FEF T UL ISt (44 rsFesrss"Rase + = 6% New Haven Clock < 69% New Jersey Zinc (12) . 1% New Mex & Ariz Land__ 74% Newmont Mining 11 2% N Y Auction . 23 N Y & Hondura 36 N Y Merchana! i3 40% 96% N Y Pwr & Lt 6% pf(6) 104 T4 ++ Frresrsey "+ & 2 ¥ B 55 RRRES LII*IIll FEPEFEEF F +11 A £ s 144+ ++ - ! - & Transactions totaled 184,000 shares against 204,000 the previous Saturday. NEW YORK COTTON By the Assoclated Press. NEW YORK, September 26.—Cot- ton was higher today on buying at- tributed to a constructive view of overnight developments in connection with the devaluation of the franc. December advanced to 11.94, or 16 points net higher and closed at 11.88. The general market ended barely steady, but from 7 to 14 points net higher. After opening steady at an ad- vance of 5 to 7 points, the market showed some further irregularity at- tributed to technical readjustments, but quickly turned upward on trade demand and covering. Houses with French and continental connections were reported among the early buy- ers. While the market encountered considerable hedging, it appeared to be readily absorbed. Closing quotations were 5 to 6 points off from the best under in- creased hedging in late trading. Prospects for rain and colder weather in the Western belt over the week end seemed to have brought in some buy- ing during the morning. The mar- ket showed indications of an improved technical position following recent liquidation. The amount of cotton on shipboard awaiting clearance at the end of the week was estimated at 37,000 bales against 77,000 last year. The range Iollo\\s Ul Gi; sieady: middin. Cottonseed . Bleachable cottonseed oil was firm today reflecting the strength in iard end grain. On scattered covering and & Southern buying, prices ended 7 to 14 points net higher. Sales, 84 contracts. Bleachable spot, nominal; September closed 10. 39; October, 10.12; December, 10.24; January, 10.25; March 10.33. New Orleans Prices. NEW ORLEANS, September 26 (P — its a bale today in a CoHon ERib6hse 1o the ‘proposed devalu- While buying was -end speculative interests were 1ot Gia the staple up to All commitments There was s mild seil-off from the highs of the dav. but the market finished 0 to nts, BLeadY pot ‘loked ot 110 bid. December st 11.88, January at 1l 56 and May at 4 cotton was 11 p ew Orleans. selling at 12 Sclll!r'd rains in lhe y weather news Closed steady: prime 9.75a9 95: st furnished 2 Jaiary. B Dividend Changes. NEW YORK, September 26 (#).— Favorable dividend changes in the last week totalled 77, against 84 in the preceding week, according to the Standard Statistics Co. of New York. Unfavorable changes numbered two, the same as the week before. De- tailed figures for the last two weeks follow: Favorable. Twenty - four increased—Brooklyn Manhattan Transit, Hart & Cooley, Hawalian Sugar, Kelley Island Lime & ‘Transport, Michigan Seamless Tube, St. Paul Union Stock Yards, Smyth Mfg, S. Stroock & Co. Tay- lor Colquitt Co., Fafnir Bearing, North & Judd Mfg., Art Metal Construction, Investors Fund C, Kendall Refining, Nunn-Bush Shoe, Superheater Co., Atlantic Steel, Canadian General In- vestments, Honolulu Rapid Transit, Inter Island Steam Navigation, A. C. Plan (Providence), American Dis- count, Dravo Corp., 6 per cent pfd. Plume & Atwood Mfg. Twelve resumed—Lion Oil Refin- ing, American Products Partic pre- ferred, Ken-Rad Tube & Lamp class A, Northwestern Electric 7 per cent first preferred, Seaboard Commercial class B common, L. C. Smith & Cor- ona Typewriter, Tom Reed Gold Mines, American Meter, Wilton Rail- road, Dolese & Shepherd, Lit Bros. 6 per cent cumulative preferred, Spicer Mfg. ‘Thirty-one extra — Akron Brass Mfg., Easy Washing Machine common A, Easy Washer Machine common B, American Stove, Cincinnati Advertis- ing Products, Farmers & Traders Life Insurance, Guarantee Co. of N. A, Kelley Island Lime & Transport, Ler- ner Stores, Ohio Wax Paper, Personal Loan & Sav. (Chicago), Smyth Mfg., American Box Board, American Ther- mos Bottle common A, Anheuser Busch, North American Rayon class A common, North American Rayon class B common, Industrial Credit of N. E, Link Belt, Minnesota Mining & Mfg, Pyle National Co., Creamery Package Mfg., Hibbard Spencer Bart- lett & Co., Kalamazoo Stove, Middle- sex Products, Pacific Lighting, Rich- mond Insurance Co. (N. Y.), Secur- ities Investment Co. (St. Louis), Bhasta Water, Woodward & Lothrop, Great Lakes Engineering Works. Ten initial—Chicago Mill Timber class A common, Chicago Mill Timber class C common, Kable Bros., National Baking 6 per cent preferred, Clorox Chemical, Los Angeles Industries, Up- son Walton, King Seeley Corp., U. 8. Hoffman Machinery, 5)2 per cent con- vertible preferred, McLellan Stores. g Unfavorable. . Two passed—Leader Filling Stations preferred, American Ice 6 per cent non-cumulative preferred. HUDSON TO RETIRE NOTES. NEW YORR, September ‘26 (#).— A. E. Barit, president of Hudson Motor Car Co., announced the com- pany will retire $1,000,000 of 6 per cent mortgage notes October 1, reduc- ing the issue to $4,750,000, face value. He sald profitable operations in 1935- 36 made possible m‘mm %} 28 Am Hard Rubber 19% Am Laundry Mach 60c.. 17% Am Lt & Trae (1.20) .__. 25% Am Lt & Trac pf (1%)-. Am Meter Co (a7 21% Am Potash & Chem(al). 2 Am Superpower.__ 82 Am Superpwr 1st Df(6) 633 32 Am Superpower pf ... 4% 4 Am Thread pf (25€).oee 2 1% Anchor Post F (d) 7% 4% Angostura (20c) 36 13 Apex Elec Mfg.. 112 104% Appalach El Pw pf (1)_. % Arcturus Radio Tub 3% Ark Natural Gas. 3% Ark Nat Gas (A) 7% Ark Nat Gas cum pf.. 83 Ark Pwr & Lt pf (1) 9% Art Metal Works (60c)_ 105- Assoc EI Ltd a29 7-10c. &Elec ... l 0 Gas & Elec (A) .. 5% Asso Gas & Elec $5 of__. 26% Associated Inv (11%) & Assoc Launof Am v.t.c.. 1% Asso Rayon - 8% Atlantic Coast Fish_ 28 Atlantic Coast L (bl).. 11% Atlas Corp (a80c) - 214 Atlas Corp war _ 51 AtlasCorppf (3) A.... Tl Atlas Plywood (a30c) 1 Austin Silver_ 8% Auto Products z 1% Auto Voting Mch(150c). 40 Ax-Fisher Tob (3.20) A. 70 Babcock & Wilcox (1) _ 13 Baldwin Loco bd rts (d) 51 Bauman (L) 7% 1st pf. 2 Bellanca Aircraft 142 Bell Tel of Can (6) 1% Berkey&Gay Furnit % Berk & Gay Furn pur w. 133, Bickford's Ine (1) . __. 35% Bickfords Ine pf (233). x 37l 18% Black & Decker Mfg Co. 27's 13% Bliss Co (E W) 20'% 2% Blue Ridge Corp (alfc). Sy 43% Blue Ridge conv pf(3). 45 14} Blumenthal (S).. 5 Bohack (HC).. 12% Borne-Scryms: 20's Bower Roll Bear (al'z) 28 Bow-Bilt Hot 1st pf(d)_ 3% Bow-Bilt Hot 2d pt(d) 9% Brazilian T Lt & P a3le. 18% Bridgeport Machine Co.. Tl Brillo Mfg (60c)- 28% Brit-Am T rga? 215 Brit Celanese Ltd rcts_. 7% Brown Co pt 64 Brown Forman 39% Buckeye Pipe Line 23% BN & E P pf (1.60) 103 Buff Niag&E't 1st nf(5) 48 Bulova Watch ev pf... 5114 Bunker H&Sul(12).. 1% Burco Ino 21 Burma Ltd (312 910¢) - 7% Butler Bros__.__eeecee. % Cable El Prod vto_ % Cables & Wire(B) 24% Calamba Sug Est 1.60__ 14% Canadian Car & Fdry pf 37% Can Hydro Elec 1st pf__ 615 Canadian Ind Alco (A 5'% Canadian Ind Alco (B).. 1% Canadian Marcon! _. 14% Capital City Prod (60c)- 1% Carfb Syndicate. ... 2% Carman& Co B ... 1815 Carnation Co (1) 7% Carrier Corp 16 Casco Products Corp 40 Castle (A M) & Co (3)_. 9 CatlinCorp .. 99% Celanese 1st pf (7). 9 Celluloid Corp._ 29% Celluloid Corp pf 82 Celluloid 1st pf ($4) 14% Cent H G & E vtc (80c) - 42% Cent Pwr&Lt 7% pf 3% 1% Cent & Southw U _. 1% Cent States Electrie.. 20 Cent Sta El cv pf. 1% of.. 6% 4% Centrifugal Pipe (40c).. 22 15% Charis Corp (13)ceeee 124% 105 Chesebrough (t4) ... 55 38 Chi Flex Shaft (12). .. 24 ChiRivet& M (1134) . % Chief Consolidated ... 343 Childs Co pf.. 42% Cities Sve P&L $7 pf... 11 City Auto Stpg (60¢) .. 3% City & Sub Homes(30c). % Claude NeonIne .. . 8 Clayton&Lambert a20c_ 41 Clev Eleo Illum (3).. 8% Clev Tractor.__. 1% Club Aluminum Uten._.. 6% Cohn & Rosenberger ... 2% Colon Dev Ltd (The) ___ 3% Colon Dev (The) 6% pf. 42 Coit'sPatFire A (1%). 98 ColumG & Bevof (5).. % Columbia Oil & Gas.._. 97 Comwith Edison (4)._. % Comwith & Sou war... 13 Commurity P&L 1st pf_ 28 Comty PubSve (1)____. 1% Community Water Sve._. 113 Compo Shoe M stc(60c).. 14% Cons AIrcraftececceeen. 3% Cons Copper._.. 84 Cons Gas Balto (3. 53% Consol Min & smelt(:) 3% Cons Retail Stores . 90 Cons Retail St3% pf $4 2 Cons Royal (20¢). ... 88 ContlG&Eprof(T)__. 11% Cont’l Roll & Stl Fary__ 6% Contl Securities Corp... 9% Cooper Bessemer ___ 34 Cooper Bess pf (A) ww. 11% Courtaulds Ltd a35 2-5¢ 39% 24 CraneCo.. 138 120% Crane Co pt (37) 19% Creole Petroleum (a36c) er Wheeler.. 11% Crown Cork Int (A) $1.. 8% Crown Drug (a20¢) .. % Crystal Oil Refining .. 4% Cuban Tobaceo vt ... 871 Cuneo Press, Inc (2)__ 109 106 Cuneo Press pfd (6%)_. 108 16% 14% Curtis Mfg (Md) a50c_. 15 1% & Cusi-Mexicana Mining_. % 12 9 Darby Petrol (806).._.. 10% 16% 12 Davenport Hosfery (1).x 15 17% 10% Dayton Rubber (t1).... 17% 70 50 Dennison Mfg 7% pf___ 4% 1% Derby Oil & Refinin; 73% 25% Derby Oil & Refining 9(. 18% 16% Detroit Gasket (1).____ 21% 19 Detroit Gask pf ww 1.20 19% 8% Detroit Gray 1 F (20e)._. 10% 7% Det Paper Prod (t26¢c)_. 87% 34% Detroit Stl Prod(as0c) 29% 15 Diamond Shoe (2)___ 25 5% Dictograph Prod(aie). 124 11 Distilled LIQUOFS oeeme 2T 2% muu-rmuc b [N - FoE IFF [ AR Ss L+ * I|+_Ll L+l +4 ERE FLPXEESE FREFST L g 25 + - -4 e -1% + % -% + % ++ L L+ +] X S0 2= I1+++ 4141+ Bssn srese 1+1+ - FEE EE @ B2 1 ++ Emsco Derrick (1)oaaee Equity COrp. oo Evans Wallower Lead__ ns Wall Lead pf __ Ex-Cell-O Afrerft albe.. 4% Fairchild Aviation.____. 4% Falstaff Brewing.._ Faony Farmer C (50c Fansteel Products ___ Fedders Mfg Co (a2) Ferro-Enamel (al) Fiat rcts (a93%¢) .. % Fidelio Brewing . .. First Nat S 1st pf (7) % Fisk Rubber Ford Mot (Can) A aTbe. 2% Ford Motor France __. 7% Ford Mot Ltd a18 1-10c 16 FroedtertG&M 2 Gen Alloys. - 18% Gen Kl Ltd reg a56%c _ 12% Gen Fireproofing (140c). 13 GenG&EcvptB..___. # Gen Invest Corp _. 40 Gen Investment Corp pt 71 Gen OQutdoor Odvpf ___ 67 Gen Public Sve pf (35)- 1 Gen Rayon Ltd (A) ___. 12% Gen Telephone (a50c 47 GenTelcypt (3 13% Gen Tire & Rubbe 85 Gen Tire & Rub p! 9% Georxia Power pf (6) 5 Gilbert (AC) ___ 13% Glen Alden Coal (1) 24 Godchaux Sug(A) (a1)- 8 Godchaux Suger (B)__. 18% Gorham Inc pf ww_ 16% Gorham M vic ext (1)~ 2% Grand Nat'l Film Co 10 Grand Rap Var (160c 2% 17 Gray Tel Pay Sta (1) 130% 110% Grt A&P Tea n-v (16, 128 124 Grt A&P 1stpf (1) .. 10% 6% Greenfield Tap & Die. 81 1% Grocery Str Prod C 1% _ % Guardian Investors. 104% 72 Gulf Oil (1) 10% 9% Gyp Lime&Alabas, Can_ 8% 6! Hall Lamp (a20c) 24% Haloid Co (1) _ 1 Hartman Tob Co Ine. 6% 3% Harvard Brew.. 17% 10% Hazeltine (3) 17% 10% Hecla Mining 3 1% Helena Rubinstein..... 55 42 Heyden Chem (11)o_.. 35 21% Hires (CE) A (3) 173% 1314 Hollinger G M Ltd t65c 11% 6% Holophane Co (a65c) 1214 9% Holt (H) & Co pt A 20c_ 22% 14% Hormel (G A) & Co (1) 39% 29% Horn & Hardt (11.60) _ 111% 105 Horn & Hardart pf (7 28% 22% Hudson BM &S (1).. Humble Ofl (11) stamped (4) 9% 6 Hydro Elec Secur. 7% 2% Hygrade Food Products 42 32 Hygrade Sylvan (2).__. 59% 38% Il Pw & Lt 6% pfo—ee_ 60 36% Il Pwd& Lt3$6 Dl oo 52% Illum Shares (2) x 9% Imp Chem Ind (a20%5¢)- 24% 20 Imp Ofl Litd cou (tbve) 20% Imp Oil Ltd 1500) . 13% Imp Tob Canada (t35¢). 37 Imp TGB&I(al.18 1-10) 14 Indiana Srv 7% pf.____. % Indian Terr 111 01l (A).. Indian Terr I11 Oil (B).. 8% Indiana Pipe L (t40c) 1% Indus Finance vte_____. 9 Industrial Fin7% Insur Coof No Am ( Int Cigar Mach (11.80)_ Int Hydro El Syscv pf_. % Int'l Metal Inc A Int Mining (60c) 1ot Mining war - % Int Petrolm (11%) Intl Products . ____. Intl Safety Rag (B)..... Int Gulities (A) .. Int Utilittes (B) . Intl Utilities war (new) Int Vitamin (140¢) - —-mv Interstate Pw Del pf .. Investors Royalty (3¢). lron Fireman M vie (1). Irving AirCh (1) e % Italian Superpower (A). % Italian Superpw db rts._. 14% Jacobs (F L) Co (1) 70% Jersey Cen P&L pf(53%) 76 Jersey Cent P&L pf (). 86 Jersey Cent P&L 7% pf. & Naumburg & Laughlin Steel_ nCity PSvtepf A__. Ken Rad T&L (A)37%ec. 1% Kingsbury Brewing (d) 4 Kingston Prod (nne)_. 2% Kirby Pet (20c) .. 18% Klein (DE) ($1) caeeee. 8 Kleinert Co(120c).. 3% Knott Corp (20c) 96 Kopp G & C f (6) ccuee. 14 Kreuger (G) Br (1)eeee 51 Lake Shore M (4)__ 8% Lakey Foundry & Mch 1% Lefcourt Realty ... __ 11% Lefcourt Real pf (a75¢) 6% Lehigh Coal&Nav(30¢c). 7214 Long Island Lt pf A(7). 64 Long Isl Light pf B (6). 6 Loudon Packing n t50c.. 9% Louisiana Land (40¢).. 34% Lynch Corp (2)eeeeeee 8% McCord Radiator (B)... 39% McWilllams Dredging. 6 Marion Steam Shovel... 62% Masonite Corp (12)_—__. 1% Mass Utilities Assoc'n. 4 Massey-Harris o 14% Master Electric (60c) . x uv/. 50 Mayflower Associa (3) 79% Mead Johnson (13) 20% Mercantile Stores . 6% Merch & Mfrs A (al5c)- 3% Merritt Chap & Scoti 40 MerrittChap& Spf A__ % % Mesabl Iron ... .ccae xot 100% Metro Edison pf (6).... 1% Mexico-Ohio Ol 2% Mich Bumper Corp'n. 1% Michigan Gas & Oil. 16% Mich Steel Tube pf - 5% Michigan Sugar ptf._ 2% Middle Sta Pet vte (A) .. 9% Midland Oil cv pL(31%) # Midl Sta Pet vto (B). _. 19 Midland Steel Prod (2 39% Midvale Co (a2)._ 4% 115 109 Miss River Pw pf (§).. 16% 14% Mock Judson Voeh_____ 101% 81 Mohawk Hud 1st pf (4). 94% 41% Mohawk Hud Pw 2d pf_ 18% 6% Molybdenum Corp . ... 20 14% Montana-Dakota Util_.. 155% 142 Montgom Ward A (1) 42 28 Moore Corp Ltd (1) 10% 7% Moore Distillers ({50c). 8% & Mountain Prod (60¢). .. 40% 23% Mueller Brass (300).... 82 Nat Auto Fibre (t1) ... 1% Nat Bellas Ho8Scoeeee. $iis F O+ PIU++ 41144444441 G e FEEF F FFEFSIEFITHR FEFFESF 1+14+ + & F EUISHED A e e © Sers i+ FEEFEE "+l +1 FEk FEFFS et U & * +l++1 F OEER FEPEXR #*i## - + +++0L0000 112% 105 NYPw&Ltof (1).__ 11% 6% N Y Shipbuilding Corp.. 20% 14% N Y Steam 125 116% N Y Tel of (63%) 75% 47% N Y Water Servic p: T% Niag Hudson Power % Niag Hud Pw (A) war. 1 Niag Hud Pw (B) war 7% Niag Sh of MA(B) (10c_ 28 Niles-Bement-P (al) . 2Y% Nipissing (a50c) - 3% Noma Elec Corp (a40c). 3% North Am Lt & Pw 86% North Am Lt & Pw pf _. 3% North Cent Tex (b10c) . % North Europ Ofl Corp._. 71 NorindPS6%pf (3)._. 90% 77% Nor Ind Pub Sve 7% 3% 9% 4% Northern Pipe L (30c) 116 107 North’'n N Y Util pf (7) 38 21% Northern States Pwr A_ 30% 15% Northwest Eng (a25c).. 48 33% Novadel Agne (2) .___. 353 26'3 Ohlo Brass (B) (1) 109% 1013 Ohio Edison pf (6) ceeee 110% 104% Ohio Otl cu pf (6 114% 110 Ohio Power pf (6) ... 1 109¥. 101% Ohio Pub Serv pf (7) A_ 15% 13% Oil Stocks Ltd (t40¢c) ._. 14'% 10% Oklahoma Nat Gas Co.. 33% 26% Okla Nat Gas Co pf.. 9 5l Oldetyme Distil__ 19 11 Outboard Motors (A) 8% 1% Outboard Motor B _. 8% 6% Overseas Sec (ailc) L Pac East Corp . — 3284 ac G & E 1stpf (1%)__ 29% PacG & Epf (1.37%) 108 104% Pac Lighting pf (6) . 814 58 Pacific Public Servie 51% 32% Pacific Tins spec (12) 66% 45% Pan-Amer Afr (1) 6% 3% Pantepec Oil ._ T Param’t Motol 60 5% 43'% 43 Penn Cent L&P pf 2.80 22% « Penn Gas & Elec(A)1% 1117 106% Penn Pw & Lt of (7)_. 150 114% Penna Salt (4) ____ 99'; 87 Penn Wat &Pow(4) _ 96% 55 Pepperell Mfg Co (6) 41 Perfect Circle (2)-_. Phila Co (60c) 116% 1124 Phila Elec Co pf (5) 36 33% Phila Elec Power pf (2) 9% Phillips Packing . _ 4% Phoenix ur Corp. 9% Pie Bakeries (160) 7% Pierce Governor (al15c). 2% Pines Winterfront (n T4 Pioneer G M Ltd(a86c) 712 Pitney Bowes P M 40c . T% Pittsburgh Forging 66% Pittsb’gh& L E (12%3) . Pittsburgh P G (12) Pleasant Valley Wine Plough Inc (1.20) _ Potrero Sugar Powdrell & Alex (§0c) Power Corp (Can) - __ Pratt & Lambert (a1%). Premier Gold (t1ze) Pressed Metals (1'3) Producers Royalty - Proper McCallum (d) Prosperity Co (B)_ Prudential Investors _. Pub Service Ind pr pf_.. Public Service Ind pf__. Pub SvOkla 6% pr 11(6). 50% Puget S P&L $5 pf (5) . 22 Puget Sound P&L $6 pf. Pyrene Mfg (40c) - 1371 115 Quaker Oats (14) —ceeee 21% 14% Quebec Power (1).a.... Railway&Lt Sec(a25c) .. % Rainbow Luminous (A) Rainbow Luminous (B) Raymond Concrete __. Raymond Con pf(a7sc) - Raytheon Mfg (new)___ Red Bank Oil _ .. Reed Roller B new t80c. 4 Reeves (Dan)(50¢c) # Relter-Foster Reybarn Co (a25¢) Reynolds Investing 614 Rice Stix Dry G (b50c 1, Richfield O of Cal pf(d) 32 Richmond Radiator. 2 Roosevelt Field Ine - 4% Root Petroleum 1-’5:).. 4 Rossia International. as'. Royal Typewriter._._.. Russeks 5th Ave (1) . su Rustless Iron & Ste 1% Ryan Consolidated 70 Safety Ch & L (14) 314 St Regis Paper___...... 55 St Regis Paperpf ... 6% Salt Creek Prod (80c) . Sanford Mills (4) Savoy Ol _. .. Schiff (The) Co (3) # Schulte Real Estate (d). 30 Scoville Mfg (al.50) _ HEIE I FE FEEELLEESE 1+ 41 o5 % & United Utah Ape: d Companies T e Payable In dividend. 21% Stand Oil(Ohio) a2 97 Stand Ofl Ohio pf (5) 2% Stand Pw& Lt _______ 2% Stand Pw & Lt (B) oo 25 Stand Pw& Ltpf __. 20% Standard Prod (a25c) . 3 Stand Silv & Ld (a3c) 314 Sterchi Bros Stores __ 29 Sterchi Bros 1st pf (3). 34 Sterling Inc (a5c) 4% Sterling Brew (at5e) -.x Th 16'6 Stetson (J B) _ Stroock & Co (al lv. Stutz Motor Car 15% Sullivan Machi 2% Sunray Oil (asc) 47'% Sunray Oil cum pf(2% 12% Sunshine Mining (2)... 5% Swan Finch Ofl .. 52 Swiss Amer Elec pf .. 4% Swiss Oll Corp (40c) 5 Taggart Corp 36% Tampa Electric (2.24) _. 1% Tasteyeast Inc (Del) A 8% Taylor Dist (b5c) - 17% Technicolor Inc . 4% Teck Hughes (t40c) ‘Tenn El Pw 18t pf (7). ‘Tenn Products .. 4% Texas Gulf Products. Texas Pw & Lt of (7) ._. Y Texon Oil & Lind (60c) . ‘Thermoid Copf ... Thew Shovel Coal. Tilo Roof Inc (150c) __. - % Tobacco Prod Exp(10c) Todd Shipyvard (2) - Tonopah Mining (a3e) . Trans-Lux DLPS (20c). 4+ W 2 Tri-Contl Corp war __. - % Triplex S G al.142-5¢ Tubize Chatil Corp . __. 5 Tubize Chat1l Corp (A). 5 ‘Tung-Sol Lamp (new) _. % +1% ‘Tung-Sol L pf new 80c.. Twin Coach (ad0c) ____ . B +% « Unexcelled Mfg - Un Gas of Can(a22%c)_ 4 Union Traction (bl33)_. United Air war — United COrp WAl aaeeaae Unit Gas Corp . % United Gas Corp war .__ Unit Gas Corp pf(11%) Unit Gas & Elec pf (7).. fit & Pwpf (A).. UniteG Lt & Pw (B) United Lt & Pw pt .. 6% United Milk Prod ( Unit Mol Ltd a13 2-5c¢._. United Profit Sharing _. United Profit Sh pf (1)_. United Shipyards(B) ... United Shoe Mach t21% _ Un't Snoe Mach of(1%) U S Finishing pf __. B& IntlSacur. - ntl 1st pf ww (x’) or pf U 8 Rubber Rlalllm.-.. U 8 Store United Stores vte United Verde Ext (1) % United Wall Paper_____ Universal Pictures ... 4 Univ Products (a1%4) L+l l+1+10 sep FErseses w Lot 19 &5 4141 4+441 41 Skt 4 It ) o e - FF PEE FEEES & wa I+14++01 1+ ESE SREER BEERsEeE +1L40 |+ 444+ ~ (s ST FH FESOF ¥ Utah P&L pf (32.91%) Utica G& Epf (T)ceee & Utility Equiti Utility Equiti Utilities Power & Lt Util Pwr & Lt (B) Util Pwr & Lt pf Utility & Indus (new)__ Util & Indus pf (new % Venezuela Mex Oil Venezuela Petroleum___ Waco Afrcraft Waitt & Bond A_ Walker Mining RN Wayne Pump 3 1 Wentworth Mfg (1 %~ % +3% | - - 68 +7 West Md pt 215 106 -6 West'n Tab&Sta vte(1). 2 2615 -1 Willlams Oi1-O-M a25c_. o+ W W + 4 T +1% ine Port Cement. 3% 3% - % Woodley Petrolm (40¢). 8% + Tl Wright Harg (140c) . ™% % 864 Ygstwn Stl Door(a25c). 39 361 384 +1u 1% Yukon Gold (a8c) . 3% 24 ks fully listed on the Surp Excoange: \n recetvership or being reorsanized 1Plus partial austribution of assets. X K | CHICAGO GRAIN By (ht Associated Press. CHICAGO, September 26.—Regard- less of devaluation of the French franc, Chicago wheat prices closed to- day without any particular nervous- ness. Action of France in debasing her currency was looked upon by most grain traders as bullish in the long run as to all commodities. Dwindling of wheat supplies in exporting coun- tries received increasing attention. No month-end fireworks in Sep- tember corn contracts were witnessed. ‘Wheat closed steady, at the same as yesterday's finish to 3 higher; September, 1.17%-%; December 1.15%4-%; corn, Y% off to % up; Sep- tember, 1.16-1.16);; December, 95%- ; oats, %4-% advanced and barley up 5% cents with provisions un- changed to 20 cents bulge. Orl!.n nn(e at principal markets Previous wibbi FrEFS & A SERE s3esl FEE AEE F 2 oNoteLiverpool prices cannot be reduced American ~equivaients because of Revension ot foreign exchange trading, Chicago Cash Market. Cash wheat—No sales. Corn—No. 1 yellow, 1.12%a1.17%: No. 2 yellow, 1.12%a1.17%; No. 3 yellow, 1.12a 1.15%; No. 4 yellow, 1.12a1.14; No. § yellow, 1.10a1.11, Oats—No. 1 white, 46246 ; No. 3 white, 45%a46; nnvh grade, ), Noxye. Barley—Uesd. 728 85, nominal; malting, 1.15a1.49, nom- inal. Timothy seed, 5.75a6.00 & hun- dredweight; new, 5.5085.75 & hundred- weight; clover seed, 14.00a21.00. New Y Bnrley firm: No Wheat. é"" s nrwb Sea prnmpl lh!nmenl. steady: No. 2, vellow, 1.30%; No. 3, vellow, 150 nem!. No. '%,” white, 67, Oats, spot FOREIGN EXCKANGES NEW YORK. Septenfber 26 ~—The Prench franc and the pound Seriing sibe day he New York lYorx early quotations r the close, how- ever placed the franc at 5.1% cents. down 1.46 from the nvermlxmlnchfi: trading ' after rej the Russian State Banc had bered £1:000: 000 ¢ oihe mar. ket, tmproved to fini $4.97. off 8§ Becretary Morsénthay. antounced xhe Amerlcln equalization fund had ab- fering. Gilder was off 1.53 to 65.0% 30 Canadian _doilar slipped 0 5-02701 & 'cent 'to Bis.0a% cents. The Swiss franc was not quoted. Closing New York rates follow: Britain in dollars others in cents: Great Britain, bles, 4. 0-day bills, 4. R u, 1 I New 3 ntre . New rork "ih Montreal ers unquoted. U S. TREASURY NOTES. YORK. September 26 (P.—Prices ‘“OM in dollars and 32ds: ! . Aske Pieia: gf."na‘c‘:“'fs'a':’ _un‘xz "' "' 8333332808682 111 1941 01-} 1941--.—-100-20 WOOT. TOP FUTURE& ‘YORK. 26 (».—Wool m futures chhd nht. 5 higher to & 3 [CTUe IO FEFFFIFETS H isigia MACHINERY TRADE SCORES SHARP RISE Standard Statistics Says Index Jumped From 7.4 in March, 1933, to 150.1 in July, 1936. Epecial Dispatch to The Star. NEW YORK, September 26.—In its weekly summary of the general busi- ness situation, the Standard Statistics Co. of New York currently comments as follows: ‘The index of machine tool orders and shipments has been in & major uptrend since March, 1933. From the low level of 7.4 reached in that month, the composite index has advanced to 150.1 in July, 1936. This phenomenal rise over a period of three and one- half years has been reflected in a re- turn of machine tool industry opera- tions to a profitable basis. But its significance does not stop there, for the extremely sensitive index figures have proved an accurate indicator of the general level of activity in the so-called heavy machinery, or capital goods, lines. During August, the index reacted somewhat to a level of 1275, but ex- amination of the record indicates that incoming orders, nevertheless, were being received at & highly satisfactory rate. AMERICAN HAIR & FELT ACTION IS DISMISSED By the Associated Press. CHICAGO, September 26.—Federal Judge Charles E. Woodward dismissed today a suit filed by minority stock- holders of the American Hair and Pelt Co. to restrain the officials of the company from calling in and redeem- ing 160,000 shares of stock at $5 & share. Judge Woodward held the matter was an internal affair, subject to the ose. | TeBUlation of the Delaware laws un- ggdcrvmchthommuhmw— [] SEERE tualized at the end of 10 years, CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS NEW YORK, September 26.—Ti following is today’s summary of corpc- ration news prepared by Standa: Statistics Co.,, Inc., New York: Worthington Pump & Machiner Corp.—Under date of September 2 company, now chartered under laws ¢ Virginia, called a special meeting o: stockholders for November 10 to aps prove reincorporation under laws of Delaware as a preliminary step toward recapitalizing. It was pointed out that Virginia laws would require approval of any plan by holders of 90 per cent in amount of each class of stock af- fected, a percentage deemed unob- tainable; Delaware laws required ap- proval by holders of two-thirds of 4 2% = % Dividend rates in doliars baed on last quarterly or semi- annual pasment. *Stoc others are dealt in as unlisted issues. tADDUAI rate—not in- cluding extras_ IAccumulated dividends. & Paid iast year each class of stock. While directors — w |deemed it inadvisable to attempt t) -1% ’ lay down precise terms of a recapital - A [ zation plan at this time, revisions nec- essary to attain the objective of elim;- | nating accumulated dividends on bot 1 classes of preferred stock and reducin ;2, | the total amount of outstanding pre- ferred stock were outlined as follow: + % | (1) Merging of the two present issuc; | of preferred into & single issue; (2) re- duction of annual dividend charge on the aggregate of preferred stock out- standing to a figure within a reason- able estimate of probable earnings applicable thereto; (3) issuance of new common stock to holders of both classes of preferred stock for that por-, tion of their present holdings which would not be represented by new pre- ferred stock, as well as for arrears of dividends on present preferred; (4) providing for the right of conversion of such new preferred into common stock at option of the holders; (5) is- suance of new common stock to pres- | ent common stock holders, Alabama Great Southern R. R — August net railway operating income was $103,705, against $46,839 in Aug- ust, 1935; in eight months net railway, operating income was $545,255, against $162,567. Central R. R. of New Jersey—Aug- ust net rallway operating income was $155,762, against $119,837; in eight months net railway operating income was $865,426, against $1,935,340. Delaware, Lackawanna & Western R. R.—August net railway operating income of Delaware & Hudson R. R. Corp., operating subsidiary, was $191 - 219, against net railway operating deficit of $97,229; in eight months net railway operating income was $1,508 - | 528, against net railway operating in- : come of $987.933 International Great Northern R. R —August net railway operating in- come was $49,016 sgainst net railway operating income of $19,719; in eight months net railway operating deficit was $10,574, against net railway operating income of $341,019. Lehigh Valley R. R.—August net railway operating income was $777,91¢, , contrasted with net railway operating deficit of $115,588 in August, 1935; in eight months net railway operating income was $5,250,491, against $2,767,720. New Orleans, Texas & Mexico Ry.— August net railway operating income Was $22.309, against net railway oper- ating deficit of $26,820; in eight months net railway operating income was $683,178, against net railway operating income of $332,392. New York, Ontario & Western Rail- | way—August net railway operatin: income was $103,344, against $50,555 in eight months net railway operatin- Income was $851,154, against $820,01:. « St. Louis-San Francisco Railway- August net railway operating incorr of system was $551,551, against $371 - 458: in eight months net ratlway op erating income was $2,358,366, agains net railway operating deficit o. $40.173. Southern Railway Co.—August ne’ rallway operating ingome was $1.- 924,043, against $1239,066 in Augus: 1935; in eight months net ratlwa- operating income was $11,420,840, against $7,496,612. Armstrong Cork Co.—It was sai. that this compeny will purchase th- Rossman plant at Beaver Falls for the manufacture of new products. Ann Arbor Railroad—August net railway operating income was $41,658, against $39,224; in eight months net railway operating income was $240,- 247, against $311,375. Kansas City Southern Railway—Di- rectors of company gave tentative approval to an equipment-purchase program involving about $4,000,000; included would be 10 freight loco- " motives, 5 passenger cars and addi- tional freight cars. ‘Wabash Rallway Co.—August net rallway operating income was $389,- 684 against $245,673 in August, 1935; in eight months net railway operating income was $3,237,035 against $2,704,- 759; company plans to construct 425 steel hopper cars this Winter at its Decatur shops. Celanese Corp. of America—Com- mon share earnings, six months ended June 30, were 86 cents; company filed * registration statement with Secretary for 50,000 shares of 7 per cent cumu- lative prior preferred stock; of the shares registered 10,000 are to be sold by underwriters to a London banking house. Associated Gas & Electric Co.—Net electric output of system for week end- ed September 19 increased 16.9 per cent over like 1935 period to a record high. Chicago & North Western Ry.—It was stated the Treasury Department notified company it will not sance tion the proposed plan of reorganiza- =~ tion for this road uniess a clause was inserted to the effect that the rallroad as reorganized assumed and agreed to pay in full Federal tax lia~ bilities running back to 193l 4