Evening Star Newspaper, October 2, 1936, Page 18

FIRM 70 OBSERVE 4GTHANNIVERSARY National Permanent Offices Opened for Business Here October 3, 1890. BY EDWARD C. STONE. Officers of the National Permanest| 3 Building Association will observe thz firm's forty-sixth anniversary tomor- row in the offices at 949 Ninth street northwest, doors first having been opened for business on October 3, 1890. The association has made a fine record during the last 46 years, grant- ing a host of loans in the community to people establishing homes. The company has more recently done its full share in providing funds for re- habilitating and improving sound properties. Dividends have been paid continuously twice each year since the firm was founded. Officers said today that the past| year had been the best in the asso- ciation’s history in point of growth, adding that there had been an in- crease in assets of more than $1.000,- 000. Total assets now amount to 87. 345.,623.56. while surplus and undivided profits as of September 30, 1936, totaled $508,913.10. Robert E. Buckley has served the association as president for several years, the other officers including Har- ry M. Packard, vice president; Millard T. Dixon, treasurer, and Roland M. Brown, secretary. The directors are John B. Geier, Joseph F. Zegowitz. Prancis L. Neubeck, Alphonse C. Ham- mer, James E. Colliflower and Charles | M. Wallingsford. Vass Back From Convention. George O. Vass, vice president and eashier of the Riggs National Bank and member of the executive council of the American Banker's Association has returned from the San Francisco convention. The convention, he said today, went off with clock work pre- cision, the addresses were most con-| structive and practical, the attendance | very large and the entertainment furnished in the Golden Gate City the finest ever. The election moved smoothly re- gardless of the advance opposition in some quarters to the advancement | of Orval W, Adams from the wcond‘ to the first vice presidency, on account | of his New Deal opposition. The speakers stuck to banking and | economics and barred politics from | their addresses, with the single ex- ception of a speech by Merle Thorpe.| editor of the Nation's Business. He made one of his characteristic talks Many of the Washington delegates took a plane trip over San Francisco | and the bay. The journey out and | back, with scores of other Eastern bankers, was most delightful. The other delegates are returning to the Capital at various times on various trains and boats. | Institute Committee Named. | Paul J. Seltzer, president of Wash- | ington Chapter, American Institute | of Banking, announces that Edward | M. Blaiklock, Washington Loan and Trust Com- pany. recently appointed Chair- man of the Pub- licity Committee has named the following assis- tants: Joseph Buscher, Colum- bia National Bank; Roland T. Carr, Riggs Na- tional Bank; Au- brey O. Dooley, Hamilton Na- tional Bank: G Elmer Flather, Union Trust Company; Claude W. Kniseley, Riggs National; | Frederick L. Strasser, American Se- curity & Trust Company: Eliot H Thomson, Washington Loan & Trust Company, and Robert G. Whitton, | First National Bank Alexandria. | Chain Stock Offered Here. A banking group headed by Hemp- hill, Noyes & Co. is offering at $100 a share the portion of a new issue of 110,000 shares of 5 per cent cumu- lative convertible preferred stock, $100 par value, of American. Chain Com- | pany, Inc, not issued in exchange | for the 7 per cent cumulative pre- ferred stock and not subscribed for by the holders of the common stock. Proceeds, to the extent necessary, will | be used to redeem the entire issue of | % per cent preferred stock about | November 2. | Under the terms of the offering. holders of the company's cumulative 7 per cent preferred stock were given | the opportunity to exchange each | share of that stock for 1'; share of the new preferred, computed on the basis of the call price of $110 a share and $15 accumulated dividends, and. subject to such exchanges, the com- mon shareholders were given a prior right of subscription at $100 a share, both offers having expired Septem- ber 30. French Devaluation Praised. Slauson, White & Rowe, dealers in Independence Fund of North America, have received comments from ‘Thatcher T. Jones, the firm's econo- mist, in which he states that the Tri- partite currency agreement between France, Great Britain and the United States is both encouraging and im- | portant. The devaluation should encourage | business activity in France and bring hesitant capital out of hiding. To a degree also there will probably be a repatriation of French capital held abroad, particularly in England and America. By placing France among the nations which are enjoying recov- ery, there should be an important stimulus to international trade and general economic improvement throughout the world. The securities markets of France will likely reflect the general op- timism, but it is unlikely that funds held abroad will be suddenly with- drawn owing in part, at least, to the unsettled political situation. The ef- fect of the American securities mar- kets, while possibly temporarily dis- quieting, will be beneficial, Dr. Jones believes. Today’s Trading on Exchange. Five shares of Riggs National Bank common stock sold at 290 on the ‘Washington Stock Exchange today, up & points from the last previous sale. American Security & Trust Co. stock also appeared on the board, two 10-share lots changing ownership at 252. H Potomac Electric Power 5% per cent preferred came out at 112 and the final sale was in W Railway & Electric preferred at 110%. Transit Report Is Filed. ‘The Capital Transit Co. filed the August report with the Public Utilities Commission this noon, revealing a loss in pet income for the month of $43,242.25. For the first eight months of 1936 the company went into the red over $38,000, although there was & 12 per cent gain in revenue passenger traffic during the period. The report is covered elsewhere in today’s Star. E. M. Biaiklock. 2‘5 K A—18 wxa FINANCIAL, THE EVENING STAR, WASHINGTON, D. C, FRIDAY, OCTOBER 2, 1936. . “—__—-———————'—————'————_—'———_———_—__-—_——__—“ TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE 2:15 p. By Private Wire Direct to The Star. 2:16 p.m. Stock and Low. 9% Adams Exp (a20c) 17% Adams Millis(a76c) 'graph( 1) 1% Advance Rumley. y E 13 Alaska Jun (160c).. 214 Alleg Corp (d).._.. 12% Alleg pf wS30w (d) 12% Alleg pf wS40w (). 1215 Alleg pf xw (d) oo 27 Alleg prpf (d) oo 26% Alleg Steel (11) ... 157 Allied Chem (6)_._. 23 Allied Mills (a50c). 6% Allled Stores _ 69 Allied Stores pf (5) 35% Allis-Chalm (13) 1. 19% Alpha Port Cmt (1) 2% Amal Leather ____. Amal Leather pf 75 ,Amerada Corp (2)_. 49 Am Ag Chm Del(3). 37 Am Bank Note (1)_ ‘s 40 Am Brake Shoe 1.60 137 51% 90 601 136 1051, !'{‘A 115% Am Can (14) 30 Am Car & Foundry. 57% Am Car & Fdry pf.. 31 Am Chain 114% Am Chain pf 116 87% Am Chicle (4). T's Am Colortype 2013 Am Comcl Alcohol 16% Am Crystal S(a50c) 89 Am Crys 8 1st pf(6) 31 Am Encaustic._ 9% Am European S 63 Am & Foreign Pwr. 25 Am & For Pw $6 pf. 29% Am & For Pw §7 pf. 12 Am & For Pw 2d pf. 13 Am Hawailan (1) _ 5% Am Hide & Leather. 37 Am Home Pr (2.40). 231 Am Locomotive 66 Am Locomotive pf.. 21 Am Mch&Fy (80c)- 10 Am Mch&Met ad0c.. 27 Am Metal 2 35% Am News (NY) (3). 712 Am Power & Light 36% Am Pwr&Lt pf (5)- 18% Am Radiator(alse) Am Rolling M(1.20) Am Safety Rn (2)- Am Seating__ Am Shipbldi (2) Am Smelt&Ref (2). Am Stl Fy pf $2% Am Stores (2) Am Sugar (2 2 Am Tel & Teleg (9) 3 Am Tobacco B (5)_ Am Type Founders. Am Wat Wksa20c. % Am Woolen 52% Am Woolen pf(13)_ A Am Writ Paper (d) 4's Am Writ Pap pf (d) 315 Am Zinc & Lead 28 Anaconda Cop (1) .. 15'3 Anchor Cap (60¢) 37 Archer-Dan-Mal% 4% Armour (1)!ino 471, Armatrong C (13%). Tia Arnold Const (50c). R Artloom Corp .- 12% Asso Dry Goods 59 Atch To& S Fea2 .. '« 90% Atch To&S Fe pf(5) v 21% Atlantic Coast Line 351% 115 73 186 143 22% 104% llZVfi 28% 24% 11 AU Guif& W Ind 1313 Atl Gulf&W Ind pf- 265 Atlantic Ref (1) Sales— Dividend Rate. Add 00. High. 5 13% 32% — 2% 'IB +1% 11 -% AW+ % 47% +3% 46% +2 46 1% 40 42% +2% 38 38% + % 9 227% 224% 227% ~ 2 2T% 26% 18 12% 12% 3 81 80 62 60% 584 2 24% 24 2 % 2 1 BT% B7% 99 8 101 1 61% 60% T 42% 42% 2 62% 61 2 124% 123% 14 51 49% 2 88% 88% 8 61% 58% 2 125% 125% 1 102!. 102 2 1 2 46 10% 27% 27% 99% 3% 12% T 3T% a4n 17% 18% 5ty 48ty 2% 17 12% 35 97 21% 104, 39% 6413 12% 20- . 2 2 e Eren2Bro~SiaaSnann~all »f?a" 129 2 5515 100% 1003, 15t 142, 25% 247 109 Atlantic Ref pf (4) x 48 Atlas Powder (12). 26% Auburn Auto 4% Aviation Corp (Del) 213 Baldwin Loco (4) 291; Baldwin Loco pf(d) 2% Baldwin Loasd(d). “33% Baldw L pf asd(d).. 157+ Baltimore & Ohio _. 21 Baltimore & Oh pf. 417 Bang & Aroos (2%) 110t Bang & Aroos pf(7) 131 Barker Brothers .. 821, Barker Bros pt 141 Barnsdall O1l (80c) 163% Bayuk Cigars (75¢) 110 Bayuk C 1st pf (7) 18 Beatrice Cream (1) 100 Beatrice pf ww (5) 21% Bendix Aviat'n (al) 20 Beneficial L (11%). 48 Best & Co (12) 45% Beth Steel _._ 16 Beth St 5% of (1) 10712 Bethlehe Stl pf (7). 32 Bigelow-San (1) 208 14 1208 21 4 108 2 141 Blaw-Knox (60c)_ 167x BoeingeAirplane . 41 Bohn Alum&Br (3) 8014 Bon Ami A (4) 3% Bon Aml (B) (2%)._ 25% Borden Co (1.60) _. 64 Borg-Warner (13)_ 6 Boston & Maine __ 1% Botany Min A (d) _ 1215 Bridgp't Brass t40c ' Briges Mfg (12) 4713 Briggs & Strat (3) 40% Bklyn-Man Tr (4) x 97% Bklyn-Man T pf (6) 2 Bklyn & Queens ___ 444 Bklyn Un Gas (3) 45 Brown Shoe (3 &' Brunswick-Balk 9% Budd (E G) MIg % Budd 2d pd. Oct16 8 Budd (EG) Mfg pt #3% Budd Wheel = 20% Bullard Co (a50c) - 1113 Bulova Watch 25 Burr Ad Mch(t60c) 214 Bush Terminal (d) 14's Bush Term B pf cod 2% Butte Copper&Zinc 16% Byers (A M) .. ... 544 Byers (A M) pf 22 Byron Jackson t1__ 301 California Pxg(1%) % Callahan Zinc 6 Calumet&Hec a50c. 30 Campbell Wy (11)_. 10% C: 12% Cap Adm (A) 250c_. 91 Car Clin&O sta (5) . 6% Carriers & Gen 20¢ 921 Case (J 1) Co 116 Case (J I) Copf (7) 54% Caterpillar Trae(2) 21% Celanese Corp a50c. 19 Celotex Coro 54 Celotex Corp pf(15) 25% Cent Aguire (113%) 35 Central RRofNJ_ 974 Century R M pf (7). 47% Cerro de Pasco (4). 8% Certain-teed Prod . 5714 Certain-teed 6% pf 8075 Certain-teed 7% pf 19 Champ Pap & F (1) 101 Champ Paper pf(§) 2214 Checker Cab Mfg___ 59 Chesapeake Corp(3) 51 Ches & Ohio (2.80)_ 2% Chi & East Il pf(d) 2% Chi M St P&P of (d) 2% Chi&NW (@) .. 6% Chi & N W pf (d).. 1214 Chi Pneumatic Tool 40% Chi Pneu Tool pf- - 3% Chi RI&P 6% pf td) 3% Chi R I&P 1% pf(d) 19% Chj Yellow Cab (2). 17% Chickash Cot Ol.l_.. 7 Childs Co 85% Chrysler (86% ). 15% City Ice & Fuel (2). 12% City Ice&F pf (6%) 4% City Stores 23% Clark Equip (1.20)_ 33 Clev Graph Br (2) . 48 Cluett Peabody (1) 84 Cuca-Cola (2)._.__. 13 Colgate-P-P (50c)_. 3914 Collins & Afk +3_ 107% Collins & Aik of (1) 8% Colonial Beacon._. 3% Colo Fuel & Ir (d).. 23% Colo F & 1 pf (d) 28% Col Fuel & Ir (new) 21% Colo & Southern._ . 19% Colo & South 1st pf 16 Colo & South 2d pf. 14 Columb G&X (a20c) 90% Col G & E pfA (6). 80% Col G & Epf (5).__. 31 Colum Piet vte (t1) 421% Colum Picev pf 2% M Colum Carb vte(t4) 14% Comel Solv (§0¢) . R (2 5615 1045 10415 T T 50 49% 46 46 17% 17 16% 16% 114% 114 6 120 11% 13 96 108 2 16% 15% 1208 102 102 18 % 1% 5168 157 80s 130% 130% 6 82 814 11 26% 25% 70 31% 30% 31% +1 100s 85% 85 8 + % 82 3 ; -u 12 46% 42 454 +1% 20s 108% 108% 108% +1 5 64% B4 B4 + % ll% ll% ll% + IZOK 120‘/. 120% 15 5% 28% 1!% nzv. 10 38% 39% 38% 39% + ¥ 61 60% 60% + % 8 121% 121 121% 26 16% lflfi 16% + % 20 06% 56% 10s 111% lllK 111% + “ 10s 27 26% 27 3 8% 35% 39% 28% 34 32% 25 204 0: 107% lO'M lm + % 11 7808 33 108 1208 2308 1 117% 117% 117% — 1,83 821 83 + 2128 128 123 + % 19 16% 15% 15% + ¥ 2:15 p.m. Stock and Sales— Dividend Rate. Add 00. Illh 2% Comw & Southern. . 110 5’!‘ Oolll" Sou pf (3). 9 74 ast Pub.... 1 Th 2% 4% !m eon:olmn-nu 60). 10 33% 25% 16 Congress Cgr (b2)-. 2 22 13% 8 Consol Cigar._ 2 78 65% Consol Clgar of (1) 508 44% 7% Consol Edison (2)__ 42 109 102 Consol Ed NY pr(6) 6 1061/: m 20% 15% Cons Film pf (31).. 8% 3% Consol Laundries. 29 15% 11% Consol Oil (160¢c)__. 35 11% 5% ConsolR R Cuba pf. * 1% % Consol Textile (d). 151 4% 2 ConsCoal (Del)vte. 2 20% 12 Cons C (Del) pf vte. 708 26% 15% Container Corp (1) 19 19% 10% Contl Baking (A)... 4 2% 1% Contl Baking (B) 15 102% 67% Contl Baking pf (8). 5 87% 67% Contl Can (3) 10 24% 173 Contl Dia Fibre(2. 46 35% Contl Insur (1.20). 4 4 2% Contl Motors 28% Cont Oil of Del(t1) x u 27 Contl Steel (2) . 63% Corn Prod Ref (3). x ‘ 4 Coty Ine.. 16 35 Cream of Wh (2) 4 35% 15% Crosley Rad (a50¢). 17 Hl% 43% CrownC&S(2) .. 13 54% 46% Crwn C&S vf ww 2% 3 109 102 Crown WP Ist 16%. 108 11% 7% Crown Zelleb’k vic. 142 564 28 CrucibleSteel ____. 16 614 Cuban-Am Sugar. 3 63! Cuban Am Sug pf__. 60s 16% Curtis Publishing.. 7 99% Curtis Pub pf (7)... 4 Curtiss Wright 10% Curtiss Wright (A) 59 Cushmanspf (3%). 43% Cutler-Hammer t1. 75 Davega Stores 130¢. 384 46 82% Th 3T%h 364 Delaware & Hudson 147 Dei Lack & West __ 4% Den&Rio GW pf (d) 153 128 Detroit Edison (t4) 40's 3215 Diamond Mteh 113 43 38 Dia Matchpf t1% . 34% 184 Dist Corp Seag Ltd. 6112 4113 Dome Mines (12)__. 11% 7% Dominion Stores __ 808 Douglass Atrcraft.. 251, Dresser Mfg B 810 Dunhill Interna Du Pont de N 13.60_ Du Pont deb (6) Eastern Roll Mill Eaton Mfg (2) Eitington-Schild Elec Auto Lite (a2) Electric Boat Elec&Mus In(b24c) Elec Pw & Lt Elec Pw & Lt $6 pf_ Elec Pw & Lt $7 pf_ Elec Stor Bat (12)_ Elk Horn C pf (d) _ Eng PS$5pf (£10). Equit Office Ba20c. Erie R R Frie R R 18t pt “« Erfe R R 2d pf. 2 Eureka Vac C (80c) % Evans Products (1) Fairbanks Co Fairbanks Co pf Fairb’ks-Morse(t1) Faiardo Sugar (2)_. Federal'Lt & Trac _ Fed Lt & Tr pf (6) Fed Min & Smelter 4 Fed Min & Smelt pf Federal Mot Tr 40c. 10 Fed Water Sve (A) 6 Fed'd Dept St t1.40 1 Fid Phoe F | (t1.20) 1 Firest T&R (a%0c). 10 Firestone pf A (6) 1 First Nat Strs (234) 4 Flintkote Co (1) _ & Florsheim(A) (t1)_ Follansbee Bros (d) Food Machine (1) __ 4 Fost Wheeler new _. Fourth Nat Ia1.45_ Frank Sim pf (37) 2315 Freeport-Tezas (1) 31'3 Fuller Co 2d vf 33 Gabriel Co (A) 11t Gamewell Co 81 Gen Am Investors 4214 Gen Am Trans 1% _ 21 Gen Asphalt (b25c) 10% Gen Baking (160c)_ 7'a Gen Bronze 5% Gen Cable Gen Cable A 70'% Gen Cable pf 521 Gen Cigar (14) 2413 Gen Electric (1) _ 33% Gen Foods (1.80) _. s Gen Gas & Elec (A) 14 Gen G&E 6%cvpfA 19 Gen Gas&El 1% pfl 1913 Gen G&E 8% pf A 58 Gen Mills (3) _ 117 Gen Mills pt (6) _ 53% Gen Motors (12) __ 118 Gen Motors pf (5). x 5% Gen Outdoors Adv 18% Gen Outdoor Adv A 38 Gen Print Ink a21; 105 Gen Print Ink pf(6) 315 Gen Pub Service __ 32! Gen Ry Signal (1)_. 2 Gen Realty & Util _ 331% Gen Refrac (al%) 3213 Gen Sti Casting pf 17 Gen Theatre Equip 30% Gen Time Inv (1) 13% Gillette Saf Raz (1) 70 Gillette S R pf (5)- 6% Gimbel Bros 69 Gimbel Bros pf(a3) 39% Glidden Co (2) 521 Glidden cv PL(2%)_ 3% Gobel (Adolf) 6% Goebel Brew (t20c) 12% Gold Dust vte (60c) 13% Goodrich (B F) 74 G'drich(BF)pf n(5) 21% Goodyear T &R __ 87 Goodyear $7 pf (4)_ R14 Gotham Silk Hose__ 77 Goth Silk H pf (1)_ 2 Graham-Paige 1% Granby (24 stpd) 314 Grand Union ctfs__ 24% Granite City Stl (1) 2815 Grant (W T) (1.40) 32y Grt Northernpf__ . 16 Grt North'n Ore (1) 31 Grt West Sug (2.40) 22 Green (H L)Co(11) 48% Greyhound C'p 3.20 24 Guantanamo Sug pf 91 Gulf Mobile & N_ 391 Gulf Mobile & N pf. 28% Gulf States Steel__ 30 Hackensack W(13%) 33 Hack WpfA (1%) 6 Hall(WF)Printing. 4 14 Hamilton Watch 119 109 Hamilt'n W pf $8% 47% 30% Harbison Walk(2). 16% 12 Hat Corpof Am (A) 9 4% Hayes Body. .. 354 251 Hercules Motor (1) 119 102 Hershey Cpf (t4).. 447% 30% Holland Furnace ... 26% 9 Holiander (t50e)_— 37% 19% Holly Sugar (12) 544 414 'Homestake (112) 44% 39% Houd-Hersh(A)2%. 38 22y Houd-Her (B) t1%. 12% 6% Houston Ofl vte___. 5T% 48% Howe Sound (13) 3% Hudson & Manhat__ 8% Hudson & Man pf_.. 13% Hudson Motor Car. 1 Hupp Motors. 18% [llinots Central. 30 Illinois Cent pf (A) 58 I11 Cent ise lines (4) 108 4% Indian Refining..._. 2 36 25% Indus Rayon (1.68) 10 147 106 Ingersoll-Rand(t2) 1 135 125 Ingersoll-R'd pf(6) 20s 117 88% Inland Steel (3) 21 6% Inspiration Copper 9 5% Ins Sh Md cfsa20c_x 11% Interboro R T (d)__ 215 Intercontl Rubber.. 9% Interiake Iron ... 2% Int Agricultural . 22% [nt Agricul pr pf_.. 35% Int Cement (2) . _—— 56% Int Harvester 3% . 2% Int Hydro Elec (A). 4% Int Mercantile Mar. 43% Intl Nickel (1.40)__. 3% Int Paper & Pw (A) 2% Int Paper & Pw (B) 1% Int Paper & Pw (C) 20% Int Paper /s Pw of_. 87 IntPrintInk (2)__. 3% Int Ry Cent Amer. 3 Int Ry Cent Am vto 19% [nt Rwy Cent A pf. 234 1331 129 97y 5iy 39% 2815 13 5 45% 17% Tae 178, R 85 113 4515 1108 kS 208 1008 08 110 1 T EPET 1"0! L - 24% Island Creek (2).— 4 4 103% 38 z'm Net Prev. 1036 |+ ++++1+++ & FEEE ¥ OFFS | +++10 ++ ++ L+ & ine - - - FFEFSESS FEFFEFT FEFFISEFE FFEE FEOPEE ¥R 110% 101 Stock and Dividend Rate. 75% Jones&Laugn 1% of 13 Kans City Southern 17 Kaufman Dep 8 (1) 24% Kayser J & Coal%. 20 Kelsey-Hayes (A).. 18 Kelsey-Hayes (B).. 14% Kelvinator (150¢c) 87 Kendall pf A (16).. 28Y% Kennecott C (1.20) .. 17% Keystone S&W (2). 18% Kimb Clark (150c) . 3% Kinney (G R) Co... 30 Kinney (G R) pt 20% Kresge (8 8) (11)_. Kresge (S S)pf(7) 35% Kress SH & Con(1) 19% Kroger G&B (1.60). 15% Lambert Co (2) ..__ 12 Lee Rub&Tire(50c) 15% Leh Port Cmt a2be. 94% Lehigh Por C pf (4) 2 Lehigh Valley Coal 9% Lehigh Val Coal pf. 815 Lehigh Valley R R £9 Lehman Corp (13). 37' Lerner Stores (12) x 7 Libby McNeill & L 47% Libby-Ow Gl(a2%) 19 97% Ligg&Myers B (14) 19 | m 108, 831y a8 641 121, 248, 485 300 115 108 3512 36% i 171 54 251 164 1815 9 18% 40% 49 122% 49% 18 130 1441 62% 24% 118 19 160% Ligg&Myers pf (7) 19 Lily Tultp Cup(1%) 257 Lima Locomotive_. 36 Link Belt (11.20) __. 3214 Liquid Carb(1.60)_. 43 Loew's Ine (12) 2 Loft Inc 3% Long Bell Lum (A). 40 Loose-Wiles (2) _. 21'% Lorillard (P)(1.20) 13 La Of} Ref pf (d) 20 Louisv GEEpfA 1% 57'5 Lou & Nash (a4%). 22% Ludlum Steel (1) 124 McCrory Stores _. 16 McGraw Hill Pub__ Meclntyre Porcu (2) McK tT P (t4) McKesson & Rob . McKess&Rob pf(3). McLellan Strs a20c. 27% Mack Truck (1) 40's Macy (R H) Co (2) 8% Madison Sa G t60c 34'; Magma Copper (2). 7% Manati Sug pf (d) _. Y« Man El md gtd (d)_ Manhat Shirt (60c) Marine Midld (40c) Market St Ry pr pf- Marlin-Rock (12) Marshall Field & Co Mathieson Alk 1% Mathieson pf A (7). May Dept Strs (2). Maytag Co Maytag pf ww (3)_ Maytag 1st pf (6) - Mead Corp Mead Corp pf $34% Mengei Co Mengel Co pf 3 Merch & Min T 1.60 Mesta Mach (a3'%) Miami Copper Mid-Contl Pet ad0c_ Mid Stl Prod (a2) .. Mid St 1st pf (8) Minn-Hon Ros 1% Minn Moline Pwr Minn Moline Pwr pt Minn & St L (d) Mission Corp Mo Kans & Texas _ Mo Kans & Tex pf . Missour! Pacific(d) Mo Paclfie of (d) Mohawk Carpet (1) Monsanto Chem (1) Montg'v Ward $0c Morris&Essex(37%) Mother Lode Motor Prod (12) Motor Wheel (1)_. Mullins Mfg (B) Mullins Mfg of (7) Munsingwear a2} _ Murphy G C (1.60) - Murray Corp = Myers (FE) (t2)_. sh Motors (1) tl Acme (a25e) Nat Aviation i Nat Biscuit (1.60) Nat Cash Reg (50c) Nat Dairy P (1.20) Nat Dept Stores __ at Distillers (2) Nat Steel (112).___ Nat Supply Co Nat Supply Co pf__. Nat Tea (60c) - Natomas (180¢) _ Neisner Bros (2) . Newberry (J1) 2.40 i New Orl T&M (d) Newport Industries 4 N Y Airbrake a50c % N Y Centra R N Y Chicago & StL 36, NYCh1&StLpf._ Y Dock pf 1 N Y Investors (d) 3 NYNH&H ) 7% NY NH & H pf (4) 4 N Y Ontarfo & West 913 N Y Shipbuilding 83 N Y Steam pf (6) 9312 N Y Steam 1st (7) 115 Norfolk Southn (d) 210 Norfolk & W (18) 105 Norfolk&Wn pf(4) 6% North Am Aviation 2312 North Am Co (1) __ 237 Northern Pacific 2 Norwalk Tire&Rub 124 Ohto Of1 (50¢) .. 24's Oliver Farm laquin 17 Omnibus Corp vie . 8 Oppenheim Collins_ 24'4 Otis Elevator (60¢c) 1215 Otis Steer ... .. 70 Otis Steel pr of - 128 Owens-Ill Glass (5) 13 Pac Am Fisher (1) 34 Pacific Coast _ ... 8% Pacific Coast 1s 4 Pacific Coast 2d 303, PacificG&E (1%). 47% Pac Light (72.40) . 14% Pacific Mills 11% Pacific W'n Ofl b25¢ 6% Packard Mot (a25c) lfi‘a Panhandle P&R pf- Paraffine Co (t2)_. 7‘1 Paramount Pict 59 Paramount 1stpf . 814 Paramount P 2d pf_ 17% Park & Tilford - 2% Park Utah . 40% Parke Davis (a1%) 23 Parker Rust P1%._ 415 Parmelee Transp't- 6% Pathe Film Corp. 104 Patino Mines_ 1% Peerless Motor - 60 Penick & Ford (3) 69 Penney(JC) (a2%). 314 Penn Coal & Coke 415 Penn Dixie Cement 28% Penn Railroad (al). 30 Peoples Drug (11) 38 Peoples Gas Chi 16 Pet Milk (1).. 12% Pet C'p of Am as0c 10% Pfeifter Brew (1.20) 25% Phelps Dodge a75c- 45% Phila Co 6% bt (3) 8% Phila Rap Tr pf (d) 1% Phila& Read C& 1. 66 Phillip Morris (3)-- 7% Phillips Jones_. 68 Phillips Jns pf ( )= 384 Phillips Petrol (1) 70 Phoenix H pf (3%). 8 Plerce Oll pf__ 351 Pitts Coal pf._ T4 Pitts Serew al2 ‘Ae_ 49 Pitts Steel pt 3 Pitts United Corp._. 58% Pitts United C p: 21 Pitts& W Va +11% Plymouth Of1 6% Postal Tel&C pf (d) 2% Pressed Stl Car (d) 18 Pressed Stl C pf (d) 401 Proctor & Gam t1% 117 Proc & Gam pf (5) . 39 PubSve NJ (2.40). 103% Pub Sve N J pf (5). 113% Pub Sve N J pf (6)_ 128 PubSve N J pf (7). 36% Pullman Ine (13%)._. 16 PureOfl ________ ’llfl rmon 6% Dfoe. ity Bakeries 400 Net 1 87% 87 874 — % 2121 118% 121 44 1108 118% 113% 118% +5 21% 224 + % 26 26l + % 26 264 +1% 23 + % 204 + % 19 + % 101 “ +1% A 4113 b 41 3 - % 22% +1% 75 %1 2% + % 10 +% 3% + % 43% +3% % 46% + % 118% 46% + % 108 119% 119% +1 137% 137% + % 62 17 95 16 17% 1% 1% + % es— Add 00. High. Low. Close. Chge. | Hi 58% 35 117% 35% 12 Stock and Low. Dividend Rate. 16% Quaker Sta Ref 80c. 93, Radio Corp._._____ 68% Radio Corp pf A 3% 5 Radlo-Keith-Or (d) 11 R R Sec [1] Cen! . 35% Reading (2) _____ 97 Real Silk Hoslery__ 12% Reliable Stores 17% Rem Rand (t60c)__ 194 R'm-R 5% prpf 1% 77% Rem-Rand pt (6) 4! Reo Motor Car.. 16% Republic Stee| 77 Republic Steel pf _ 2708 78% Rep Stl prpf A (6) x 10 Revere Copper.. . 243 Revere Copper (A)- 90 RevereC&BDpf ... 225 Reynolds Met (1) . 105 Reynolds M pf(5%) 25 Reynolds Sprg (1)- 50 Reynolds Tob B (3) 1915 Ritter Dental____.. 74% Ruberoid Co (1)—-. 27 Safeway Stores (2) 108 Safeway Strs pf (6) FINANCIAL Bales— Add 00. 2 16% 171 1% 21 2% 9 18 164 124% 6 6 8 3 5 ;4 9 7 3 8 R 20s 2 1 5 19 2 3 14 108 114% 110% Safeway Strs of (7) 100s 30% 3% 116 18 1% 19 10 37 6% 100% 14% 2% 10% 3214 29% 4633 102 12% 23% 9% 95 48% 147 354 9% 22 St Josepr Ld (80¢). 1'4 St L-San Fran (d).. 2% St L-San Fr pf (4) 37% Schenley Distill (3) 97!z Schenley D pf (5%) 1% Schulte R Strs (d) _. 7% Schulte R S pf (d)_ 24 2 10 45 2 9 2 .53% Scott Paper (2) ___ 140s 7 Seaboard Afr L (d). 2 Seaboard A L pf(d). 30 Seaboard Ofl (1) 314 Seagrave Corp_____ 59% Sears Roebuck (2) .. 2% Second Natl Invest 27 3 61% Sec Nat [nv pf $2.90 60s 15% Servel, Inc (60c) __. 203% Sharon Steel Hoop 89 Sharon St H pf (5). 4% Sharpe & Dohme ___ 11's Shattuck F G (50¢). 30% Sheaffer Pen (2) 14% Shell Union Oil 11013 Shell Un Oil pf 6% _. 8, Silver King (60c) _ 19% Simmons Co (a50¢c) 3'3 Simms Petrol 1912 Skelly O1} 1 Skelly Ol pf($71%). 08s-Sheff pf (ad % Smith (A 0) Snider Packing Socony-Vac O (50c) So Am G & P(a20c) South Port § (12) _ So Porto R S pf (8) South Cal Ed (1%) Southern Pacific __ Southern Railway Southern Ry pt Spalding (AG)1st pt Sparks- Withington Spear & Co .___ Spencer Kell {1.60) Sperry C'p vte (al) Spicer Mfg Spiegel-May-S (3) uare D(B)a621zc Stand Brands (80c) Stand Com Tobacco Stand Gas & El (d) tand G&E $4 pf (d) Stand G&E $7 pf (d Stand Inv Corp ___ Stand O of Cal (t1) Stand Oil of Ind t1 and Oflof N J (11 Starrett(L $)11.46 Sterling Prod (3.80) Stew-Warner 1a0c Stone & Webster Studebaker Corp Sun Ol (1) Superheater (80c) Superior Oil Superior Stee Sutherlad Pap 11.60 Sweets Coof Am... Swift & Co (1) Swift Intl Ltd (2)- Symington (d) Symington A (d) .- Telautograph (60c) Tennessee Corp Texas Corp'n (11) - Texas Gulf Sul (2) Texas & Pac R R Tex Pac C & O a2se 4 Tex Pac Land Trus Thatcher (1) Thermotd Co Third Avenue _ Thomp'n Prod aétc Thompson Starrett Tide W Asso O 60c Timken Detroit(t1) Timken Roll B (12) Transamerica t40c Trans & Westn Air Transue &W(160¢) Tri-Cont Corp a2ic 20th Cent Fox (al) 20th Cent F pf 1% Twin City R T Twin City R T of Ulen & Co Und-Ell-Fisher (3) Union Bag&Pap (2) Union Carb&C 2.80 Union O1l of Cal «1) Union Pacific (6) Union Pacific pf (4) Union Tank C 1.20 United Afreraft United Air Line vte United Am Bosch United Bise pf (7) United Corp __ 4 United Corp pf (3) United Drug (a50c) Utd vyewood ali United Elec Coal . Unit Eng & F (2)__ United Fruit (3) .. United Gas Imp (1) U S Distributing . 1613 14% 32 5 408 4 107 14 2 208 LE) 45 25 31 308 17 2 28 1 1n 18 24 1 3 16 1 18 31 59 108 U'S Distributing pf 140s 3 U S & For'n Secur. U S Freight (1) . !8 Gypsum (2).. Hoffman Hoffman pf 2% Indus Alcohol _ S Leather vtc . U S Leather A vtc U S Leath pr pf vte 21'; US Pipe & Fy(13%) 7% U S Realty & Imp 16% U S Rubber 47 U S Rubber 4 72% U S Smelting (a10) U us us us u United Stores (A)_ 3'1 Util Pwr & Lt (A)_ 1 Vadsco Sales Corp 16% Vanadium Corp 28% Van Raslte (al%) 110% Van Ral 1st pf (7) 40 Vick Chem (12).__ 44 Va-Car Chemical 28% Va-Car Chem 6% pf 5 Wabash pf A (d) 414 Wabash pf B (d) 9% Waldorf Sys 11.20 30 Waigreen Co (2) 115 Walgreen pf (63%) 261 Walker (H) (2) 17% Walker (H) of (1). 5% Walworth Co. ... 10% Ward Baking A. 213 Ward Baking B._ 47% Ward Baking pf XL 9% Warner Bros Plct_. 12 Warner-Quin (d).. 4% Warren Bros 21 Warren Fdy&P(t1) 19% Waukesha Mot (1) 33% Wesson O&S(150c) 2313 47 114 45% 43 34% T 6l 1613 343 115% 41 114 45% 4% 348, 8 61y 161 34% 116 42 87 West Pa Elec pf (6) 70s 124% 116% West Pa Pwr pf (7) x 308 812 Western Maryland 15 Western Md 2d pf . 5% Western Pacific pf. 72% West'n Union (a2) 34% West'gh’'se A B (1). 9415 Westingh'se El (4) 228 Weston El | (aZbe) 32% Westvaco 5%pf 1% 21% Wheeling Steel e 84 Wheeling St pf 32. 18% White Motor .. 31 White Sewing Mch_ 16 White Sew Mch pf_. 6% Wilson & Co (50c).. 70 Wilson & Co pf (6). 44% Woolworth (2.40) . 233 Worthington Pump. 56 Worth Pump pf A—. 47 Worth Pumpof B.. 62% Wright Aero.. 33% Yale & Town: 8% Yellow Truck. ... 83% Yellow Truck pf_ 42% Young Spr&W (13). 41% Youngs'tn Sheet&T 11% Zenith Radio 5% Zonite Products .. AM oo, 420,000 12 PMo.... 1,100,000 2 5 3 6 16 34 17 8 3 4 1 73%. 134% .88 41% 41% 3 20% 20 10s 148 148 148 50% 80% 81% +2% 38% 40 +1% ™% - % Approximate Sales of Stocks on the N. ¥. Stock Exchange. % Noot..... Net High. Low. Close. Chge. 164 — % 1% 41 +1% +1 dabdb bl Abdi bbbt MEEEERal 4t b 3| By the Associated Press. 114 45 4% 34% + +41+01 04+ 51 +1 810,000 PM..o..... 1,340,000 4 w & STOCKS NEAR BEST IN FINAL TRADING Leaderg Climb -Fractions to Around Three Points. New Peaks Set. Stock Averages 1 80 Otij 8tks +.3 4. 513 681 510 67.7 523 682 36.1 48.1 534 696 434 85.7 44.7 56.1 216 348 1932 low.... 17 5 239 169 1929 high__.146.9 1530 184.3 157.1 1927 low.... 51.6 953 €18 618 In Net change._ Today, noon Prev. day__. Month ago. Year ago. 1936 high._. 1936 low. (Compiled by the Assoctated Press.) BY VICTOR EUBANK, Associatea Press Financ.ai Writer. NEW YORK, October 2.—A brisk ~ upward shove was given stock market leaders today, a number of issues getting into new high ground for the | last six years with gains of fractions | to around 3 points. | Brokers attributed the buying re- vival partly to a lessening of tension over the foreign currency upheaval and to continued brightness of the aomestic industrial picture. Activity was pronounced in early \delhng.x. but light profit taking re- tarded the pace later. Near the fourth hour prices were not far from their best of the day. ‘Transfers approximated shares. 1,800,000 » NEW YORK COTTON 8¢ the Associated Press. NEW YORK, October 2 —Cotic was easier today under increa hedge selling and liquidation influ- |enced by more favorable weather i the South and relatively easy cable | The market sold off to net losses of 1 to 16 points. December eased from 12.10 to 120 and May from 1203 to 11.97. The market ruled at these levels the beginning of the last hour. Futures closed steady, 11-13 lower High' Low Tose October December | January March i ay 2% July Spot 218 19 T 1o 1795 middling quiet New Orleans Prices. NEW ORLEANS. October 2 (P.—Colt was aporoximately & points lower a opening today. Co-operatives were important sellers du ing the early dealings. offering Decembe and March hedge sales. paAvorsble weather irduced a few offcr- wcembn opened at cay.ions 12.05 and Maic of these option Gerions of ihe ‘mar Wai aistinetly stesdy iverpool was a jiltle easier. with Bom- bay and other scatlered selling reportc: in the market. Despite the ssle of mors than 7+ bales in the so:L marker vesterday. herds | selline did not aporoximate proportion | anticipated Goods markets continued a bright spc in the eneral picture. Gortonseed oil ‘opened steads. = Octobe th. December. 9.61b, Januirs. .67 O R e T b b—Bid Liverpool nueuu.n- LIVERPOOL. October —Corto 231000 batey including 16300 Américs §pot. sood Business done: brices, 3 voin lower: ~ quotations in_ strict good middling 2: strict middling, CHICAGO GRAIN - CHICAGO. October 2. — Notablc | rallying power in wheat prices de- veloped late today. aided by pro- nounced curtailment of Canadian rural marketings. For the first time in two months wheat arrivals from farms in Canad dropped under 1,000,000 bushels for a | 24-hour period, and amounted to but 999,000 bushels. This compared with 3,062,000 bushels a year ago. Wheat closed firm at the same ac vesterday’'s finish to 1'. higher, De- cember, 1.14-114'5; May, 1.12%g-%: {corn, %-1'x up: December, 94%-', 'Ml_. 90'g-',: oats 3:-% advanced |and provisions unchanged to 25 cents | bulge. WHEAT— Open | December 1 December _ May__ | BARLEY December March r 13.30 1360 1035 13.60 13 Chicago Cash Market. Cash wheat, sample grade mixed 1.09. Corn, No. 2 mixed, 1.05a1.06%:: No. 3 mixed, 1.04; No. 4 mixed 1.08'2al.11'3, mainly white; No. 1 yellow, 107a1.08':; No. 2 yellow. 1.07a1.07'; No. 3 yellow, 1.06a1.07%; No. 4 yellow, 1.03';a1.05; No. 5 yel- low, 1.03a1.04';: No. 4 white, 1.17; sample grade, 97a99. Oats, No. 1 white, 43';a44%: No. 2 white, 43}3a 451,: No. 3 white, 41'5a421%; sample grade, 42. No rye. Soy beans, No. 2 yellow, 1.20, nominal. Barley, actual sale, 70; feed, 70a85, nominal; malt- ing. 1.12al1.47, nominal. Timothy seed, 5.7586.00 cwt.; new crop, 5.50a 5.75 cwt. Clover seed, 17.50a24.50 cwt. Decembe; January Liverpool Wheat Prices. LIVERPOOL, October 2 P.—Wheay, fu- tures closed mmhy stead. (). —Wheat, ll|:ky spot. domestic, 1.15%; October. x Prices. Winnij ces. T 2 ().—Grain wmmrm Octol NEW YORK, Ociober 2 (P)—A banking group headed by Hemphill, Noyes & Co. is offering at $100 a share the portion of a new issue of 110,000 shares of 5 per cent con- vertible preferred stock of American Chain Co., not issued in exchange for <1 per cent preferred and not sub- scribed for by holders of common ® stock. Proceeds, to the extent meces- sary, will be used to redeem the entire f of 7 per cent preferred stock. A