Evening Star Newspaper, October 10, 1936, Page 12

A-12 ** FINANC1AL. THE EVENING STAR, WASHINGTON, D. C., SATURDAY, OCTOBER 10, 1936. # 3 FINANCIAL. NEWPEAKSSET [ TRANSACTIONS ON THE NEW YORK‘ STOCK EXCHANGE (STOCKS ADVANCE IND. C. EXCHANGE Riggs Common Stock Hits 297 Mark—Woodward & Lothrop Issues Up. BY EDWAERD C. STONE. New high marks for 1936 have been reached on the Washington stock market during the recent “bull mar- ket” sessions. Riggs National Bank common stock hit a new peak for the year this week when it changed ownership at 297. Lincoln National Bank stock, which has been in special demand in recent trading, has been selling at 203, slightly under the high point of the year, reached a few days ago. Ameri- can Security & Trust stock has ap- peared on the board several times lately, jumping today from 251 to 254, a new peak for 1936 and longer. Woodward & - Lothrop preferred stock appeared on the board at 1322, & new top in this issue. The last sale in Woodward & Lothrop com- mon, at 68, was also at the highest figure this stock has commanded. Peoples Drug Stores preferred changed hands a few days ago at 11413, equal to the best price at which it has sold in 1936. Mergenthaler Linotype made his- tory yesterday, when it climbed to | 511; and made a new 1936 top, hav- | ing advanced from a low mark early in the year of 38!2. Not only has this stock been climbing to new price heights, but the volume of trading has also been increasing rapidly. The prices of other stocks might also be cited to show how strong and active the Washington Exchange has be- come since the end of the Summer lull Of greatest importance and inter- est to Capital investors this week was the listing of $15,000,000 Potomac Electric Power 3!, per cent 30-year first mortgage bonds, with an open- ing bid of 104, offered at 104%. First sales recorded yesterday found the power bonds moving at 10412, Another bond in the spotlight, Wash- ington Gas 5s, 1960, has climbed to 12472, Sinker Writes Tax Treatise. A Washington certified public ac- ecountant, Julius Sinker, has just written and published his third book relating to taxation and investments, entitled “Minimizing Securities Taxes.” According to the preface, the treatise on security transactions is intended chiefly for the benefiy of the investing public. Mr. Sinker has tried to avoid mak- ing the book too technical. In addi- tion to taking up the problems of the | average investor, the author discusses the principles of taxation under the latest revenue acts. He also devoted special chapters to tax-exempt securi- ties and to methods of analyzing one’s tax position. The writer has assembled a great deal of matter which an investor on ! any large scale needs to know, has put it in an interesting and useful | manner. The new book, which is| considerably larger than the other | two, will brinlg him high commenda- | tion. Home Mortgages Popular. If the country's life insurancce | companies continue to buy urban home mortgages at the present rate they will make investments of well over three-quarters of a billion dol- lars in this type of security alone in the next two years, according to a survey of the Mortgage Bankers' As- socigfion of Ameriea. d upon an average appraised valuation of 50 per cent, this invest- ment in home mortgages will prob- ably mean as much as well over a billion dollars for home building, George H. Patterson, secretary- treasurer of the association, said. During the first six months of 1936 nearly 50 leading life insurance com- panies increased their urban mort- gage investments 153 per cent, buy- ing $154,865,390, as against $60,976.- 294 in the same period a year ago, a @ain of $93,889,096. “That the country’s leading life in- surance companies are turning to urban home morigages again with increasing interest shows the stability of the present upturn in home build- ing and the soundness of the real estate market,” the survey said. Dr. Koo Reviews Trade. ‘Writing on “Chinese-American ‘Trade and Its Future,” Dr. Wellington V. K. Koo, former Chinese Minister to the United States and now Chinese Ambassador to France, discusses the commercial relations between the two | countries in the current issue of | Think, a magazine for business ex- ecutives. ‘The balance of trade between China and the United States has been in this Nation's favor since 1895, and today China imports more from us, both in volume and in value, than from any other country. At the same time this country is the largest cus- tomer for China's exports. The to- tal value of both imports and exports | | has come up to more than half a ' billion dollars and amounts to more | than one-fourth of her entire !areign | trade, Dr. Koo declares. This phenomena! growth of Chi- | nese-American trade in the face of | keen competition is only partly due | to American improvements in pro- | duction, communication and trans- portation, he believes. The friendly | sentiment of the Chinese and Aferi- | can peoples toward each other, how-'| ever, has played a unusually signifi- | cant role. American ideas and methods, as well as American products and wares, are favored in China and have woven | the relations of the two countries into a pattern of enduring friendship, Dr. Koo says. Heard in Financial District. A large delegation of building and foan officials will leave Washington tomorrow to attend the annual con- wention of the United States Building and Loan League in New York. Dele- { gates from the District Building and | Loan League include Edward C. Baltz, Robert E. Buckley, C. Clinton James and F. Wilson Camp. John Fahey, head of the H. O. L..C,, will be one of the speakers. Miss Catherine M. Krieg, secretary to Robert V. Fleming, president of the Riggs National Bank, is another member of the Washington delega- tion to return from the San Fran- cisco convention of the American Bankers' Association. The Treasury announced that it had realized $455,035,659 in cash dur- ing the 21 months with September, during which it has sold United States savings bonds. These so-called baby ‘bonds, which are sold on a discount basis, have a maturity value of $573,- 480,879 Denise Waseige has been proclaimed the most perfect girl in Paris. ) v Prev. igh, 62 44 14% 35% 2% 21% 81% 6% 1% 4% 56% 47 40% 245 137% 16914 54y 90 63 32% b LY 41y a8 21Y% 48y 5 18% 391, 1797 102% 104 150 155 27% 108% 11 0% 2 10 ™ A1% 83 26% 104% 94 5% 3% 6% 12 31% 2% 5% % 3 8 8 32% 11% 12815 868 1 46 188 46 704 125 578 201, 62 1121 9% 4 38% 69 8214 15!'6 I'F/n 36% By Private Wire Dluet to The Star. 1949 Low. 42 Abr & Strausal.30., 59 Acme Steel Co (13). 9% Adams Exp (a20c.. 17% Adams Millis(a76c) 2234 Address’graph(1)_ 1% Advance Rumiey___ 58 Alr Reduction (11). 2 Alr-Way Elec Appli 13 Alaska Jun (160¢).. 214 Alleg Corp (d).._. 12% Alleg of wi3ow (d). 27 Alleg pr pf (d) .. 26% Alleg Steel (11).o.. 157 Allied Chem (6) ... 23 Allled Mills (a0¢c). 6% Allled Stores. . 69 Allied Stores pf (5) 35% Allis-Chalm (1%) _. 19% Alpha Port Cmt (1). 2 . Amal Leather__ 75 Amerada Corp (2) .. 49 Am Ag Chm Del(3). 37 Am Bank Note (1) 115% Am Can (t4) 162% Am Can pt (7) 30 Am Car & Foundry. 57% Am Car & Fdry pf_. 31 AmChain. ______. 2014 Am Comel Alcohol . 313 Am Encaustic...... 615 Am & Foreign Pwr. 25 Am & For Pw $6 pf. 20% Am & For Pw §7 pf. 13 Am Hawafian (1) 37 Am Home Pr (2.40 244 Am Ice mem e 9% Am International... 23 Am Locomotiv: 21 Am Mach&F¢ b 10 Am Mch&Metadle. 27 Am Metal Ti4 Am Power & Light.. 36% Am Pwr&Lt pf (5). 43 Am Pwr&Lt pf §6). 18% Am Radiator(aibe) 157 Am Radiator pf (7) 23% Am Rolling M(1.20) 36 Am Safety Rn (2)- 18 AmSeating __ oo 25% Am Shipbldg (2) .. 56% Am Smelt&Ref (2). 20%s Am Steel Foundry. 24% Am Stores (2) 20% Am Sumatra Tob t1 149'% Am Tel & Teleg (9). 87 Am Tobacco (5) 8815 Am Tobacco B (5).. 136 Am Tobacco pf (6)- 7 Am Type Founders. 19 Am Wat Wksa20c.. 92% Am Wat W 1st (6)-. 7% Am Woolen 52% Am Woolen p!(tl)_ % Am Writ Paper (d). 4% Am Writ Pap pf (d) 3% Am Zinc & Lead . 28 Anaconda Cop (1) 35 Anaconda Wire(2). 15% Anchor Cap (60c) . 97 Anchor Cap pf(6%) 4% Armour (1llinois) . 47% Armstrong C (1%). 7% Arnold Const (50¢). 814 Artloom Corp - 12% Asso Dry Goods 59 Atch To& S Fea2 215 Atlantic Coast Line 11 At Gult& W Ind. 26% Atlantic Ref (1) . 109 Atlantic Ref pf (4 14 Atlas Tack (a30c) 26% Auburn Auto__. 4% Aviation Corp (Del) 2'3 Baldwin Loco (d). 2913 Baldwin Loco pf(d) 2% Baldwin Loasd(d). 33% Baldw L pf asd(d)-. 157 Baltimore & Ohio_.. 1 Baltimore & Oh pf_ nma Bang & Aroos pf(7) 13% Barker Brothe! 14 Barnsdall Ofl (8 16% Bayuk Cigars (75¢) 85 Beech-Nut P (13).. 13% Belding-Hem (1)._ 21% Bendix Aviat'n (al) 20 Beneficial L (t1%). 48 Best&Co (12).ccee 45% Beth Steel .. 16's Beth Stl 5% 32 Bigelow-San (1) 14% Blaw-Knox (60c) - 77% Blumenthal pt 16% BoeingeAirplane.... 41 Bohn Alum&Br (3). 39 Bon Ami (B) (2%)- 25% Borden Co (1.60) . 64 Borg-Warner (13)_. 124% Bridgp't Brass t40c 43% Briggs Mfg (12)_ . 41 Bristol Myers (t2). 40% Bklyn-Man Tr (4)_. 97% Bklyn-Man T pf (6). 4% Bklyn & Queens. ... 44% Bklyn Un Gas (3)— 45 Brown Shoe (3) ——ee 814 Brunswick-Balke... 87 Bucyrus-Erie 9% Budd (EG) Mfg__ 5 Budd 2d pd..Oct 16.. 8% Budd Wheel 20% Bullard Co (250 11%: Bulova Watch . 25 Burr Ad Mch(160¢c) 14 Bush T Bldgs pf(d). 2% Butte Copper&Zine 16'3 Byers (A M) . 54 Byers (A M) pf 22 Byron Jackson t1__ 30% California Pkg(1%) 5 Callahan Zinc 6 Calumet&Heca50c. 30 Campbell Wy (11).. 10% Canada Dry G A. 10% Canadian Pacific 37 Cannon Mills (a2 45% Cap Adm pf A (3)_. 6% Carriers & Gen 20c. 9214 Case (J 1) Co. .. 54% Caterpillar Trac(2). 21% Celanese Corp a50¢c. 19 Celotex Coro. 54 Celotex Corp pf(35) 25% Cent Aguire (T1%). 35 CentralRROfNJ.. 47% Cerro de Pasco (4).. 19 Champ Pap & F (1). 101 Champ Paper pf(6) 59 Chesapeake Corp(3) 51 Ches & Ohlo (2.80). 1% Chi & East Il (d) .. 2% Chi & East 111 pf(d) 4 ChiGrtWopf(d). .. 25% Chi Mail Ord(t1%). 113 Chi M1l St P&P (d). 2% Cht M St P&P pf (d) 313 Chi R 1&P 7% pf(d) 19% Chi Yellow Cab (2). 7 Childs Co = 8514 Chrysler (a634)___. 727 City Ice&F pf (6%) 4%, City Stores. 23% Clark Equip (1. 10). 156% Clev CC&St L (10) 33" Clev Graph Br (2) 48 Cluett Peabody (1 84 Coca-Cola (2) ... 55% Coca-Cola A (3) 13 Colgate-P-P (50¢).. 3915 Collins & Alk +2___. 107% Collins & Atk pf (7) 3% Colo Fuel & Ir (d) .. 2374 Colo F & | pf (d) _ 28% Col Fuel & Ir (new) 1914 Colo & South 1s¢ pf 14 Columb G & E at0c. §0% Col G & Epf (5) 21 Colum Plet vte (1) 421 Colum Pic cv pf 2% 94 Colum Carb vtc(t4) 44 Comcl Credit (14) .. 55 Comel [nvst Tr (4). 14% Comecl Solv (80c) .. 2% Comw & Southern._.. 59% Comw & Sou pf (3). 7 Conde Nast Pub.._. 30% Congoleum-N(1. 16 Congress Cigar (a2) 72% Con C pr pf ww 634 27% Consol Edison (2)_. 102 Consol Ed NY pr(5) 4% Consol Film . ____ 15% Cons Film pf (31)_. 3% Consol Laundries__ 11% Consol Oil (160c)—. 5% ConsolR R Cuba pt. 3 Consol Textlle (d)._ 12% Cons C (Del) pf vte. 15% Container Corp (1), 10% Contl Baking (A) . 1% Contl Baking (B) _. 67% Contl Baking pf (8). 67% Contl Can (3) .. 35% Contl Insur (+1.20). 2t Contl Motors . 281 Cont Ol of Del(t1). 55% Corn Ex BK&TT (3). 63% Corn Prod Ref (3) 153 gm Prod R pf (7). 15% Crosley Rad (a50c). 43% CrownC& S 2).._ Net Low. Close. Chge. 20s 63 63 63 +1 1 22 3 66% 66% + % 14% 20% — % 3% + % 76% %W+ % 16% + % A% + % 14% 8 2 6 8 14 251 4% 4 55% 1! 46% 374% 8 235 234 2356 +2 2 27T% 2T% 2T% + % 50 14% 4% 84 84 64% + % 28% 28% 28Y% — % 2% 2% 2% 101% 101% 101% — % 0% 69% 70% + % 447 44% 44y 1284 1274 127% - % 167 167 167 541% 53% 541 + % 89% 89% B89y 60 60 60 + % 20% 28% 20% +1% 4% » - mraomnnleeE waaa s S % 15% 15% 27 26% 105% 105%. 8 1 6% 4 41 T83 18% 10s 106 106 24 5% 5% 57 57 413, 9 19 35% 5% 4l 65 oo EFFEEEPEELEL FES FrFEFEE 14+ +4++++4+ ++1 1 1+++4+4++ 14 k3 g FIE OFE P FEXF ¥ F T 62% 56% 564 103% 103\1 103% — ™ Th 511 51% 50% 50% 15% 15% 184 173 124 11% B S 10t 104 30% 47 323 18 159% 84 26% 26% 30% 30 84% 83 29% 29% 47 47 55 54% 13% 13% 3 24% 24% 30s 105 105 9 95 934 34 TB% TN 4 2w 2 80 6% 6% 1 10% 10% 1 29% 29% 2% 37 127% 126% 127% + % 10s 83 83 83 16 10% 10% 10% 11 37% 37 3% + % 10s 200 200 200 <5 37 4T% 44% 47U +3% 3 63% 63 63% + 3% 1120 120 120 -1 4 56% b56% 56% — % 64 17% 17% 17% + % 81 63% 61 63 +1% 70s 112 112 112 2 8% 8% 8% 208 34'%: 34% 34% — % 7 38% 38 38% + W 108 32% 32% 32% —1% 34 20% 20w 204 = % 10s 101% 101% 101% 1 39 39 39 1 46'% 46'% 46% + % 1 126% 126% 1264 =2 7 0% 7 53% 16% ) % 8% 36% 36% + 21% 21% 8‘% 8‘% = 1 10!% 108% 108!6 + l% A% + 1% — 8% 14% + 6% — 8% — 18% 20% — 20% + 2% + 99% + 2 =% 40% +% 2% — % 3 + 1 67% + % 69% 69% 159% 15'% % 5 5% 36 38U + % FHEES FEFR S##*# ¥ Prev. 1936 11% 82Y% 25% 8% Stock and Low. Dividend Rate. 631 Cuban Am Sug pf-— 16% Curtis Publishing_. 99% Curtis Pub pf (7).a 4 Curtiss Wright..... 10% Curtiss Wright (A). 36% Cushman Sons pf__. (or 19% Dclul-Wm-G ) 36% Delawrre & Hudson 14% Del Lack & West._._ 4% Den&Rio GW pf (d) 30% Diamond Mtch t13%. 38 Dia Match pf t1% 18% Dist Corp Seag Ltd- 19 Dixie Vortex (1%). 41% Dome Mines (12)... 7% Dominion Stores ... 50% Douxlass Atrcraft._. 13 Dresser Mfg B 4% Dunhill Internatl 168 133 Du Pontde N 13.60. 133% 129 Du Pont deb (6) 115% 111% Duquesne Lt 1st (5) 9% 5% Eastern Roll Mills... 185 156 Eastman Kod (15). 39% 14% 47 1% K 1% 8 85 B5% 15% 84 895 18% 344 394% 49% 334 28% Eaton Mfg (2) ... 5% Eitington-Schild___ 30% Elec Auto Lite (a2). 10 Electric Boat .. 5% Elec&Mus In(b24c). 6% ElecPw& Lt 29% Elec Pw & Lt $6 pf. 32% Elec Pw & Lt $7 pf_ 42% Elee Stor Bat (12).. T% Eng Public Service. 45% Eng P 8 85 pf (110). 48 EP S $5.50 ww 211. 11 ErteRR._. 16 EgeRR1stpf. ... 12 Eureka Vac C (80¢) 23% Evans Products (1) 4% Exchange Buffet ... 2% Fairbanks Co. . 34% Fairb’ks-Morse(t1) 31% Fajardo Sugar (2) _. 7% Federal Mot Tr 40c. 214 Fed Water Sve (A). 20% Fed'd Dept St 11.40. 38 Fid Phoe F 1 (1120) 247 Firest T&R (ad0c) - 10514 100% Firestone pf A (6)._ 483 45 11% ATy 38% 97% 35% 184% 12% 63 34% 15 11% 19% 40 First Nat Strs (233) 30% Flintkote Co (1) 7 Follansbee Bros (d) 32 Food Machine (1).. 24% Fost Wheeler new._. 63 Frank Sim pf (37).. 23'5 Freeport-Texas (1). 11'; Gamewell Co 813 Gen Am Inve; 42% Gen Am Trans 1% .. 21 Gen Asphalt (b25c). 10% Gen Baking (160c)-. 34% Gen Electric (1) .. 33% Gen Foods (1.80) . 74 Gen Gas & Elec (A 14 Gen G&E 6%cv pfA 537 Gen Motors (t2) .. 118 Gen Motors pf (5) 5% Gen Qutdoors Adv 18% Gen Outdoor Adv 38 Gen Print Ink a2 3213 Gen Ry Signal (1) 2 Gen Realty & Util_. 2615 Gen Real&U pf ww_ 33% Gen Refrac (ali). 3215 Gen Sti Casting pf. 17 Gen Theatre Equip. 13% Gillette Saf Ras (1) %0 Gillette S R pf (5)~ 6% Gimbel Bros. . 86% Gimbel Bros pf (6). 393 Glidden Co (2) - 52 Glidden cv pf(2%)- 6% Goebel Brew (12uc) 12% Gold Dust vtc (60¢) 13% Goodrich (BF) . 74 G'drich(BF)pf n(5) 21% Goodyear T & R 87 Goodyear $7 pf (4)_ 814 Gotham Silk Hose. 2 Graham-Paige 1% Granby (2d stpd) 314 Grand Union ctfs 243 Granite City Stl (1) 2815 Grant (W T) (1.40) 321 Grt Northern pf .. 16 Grt North'n Ore (1) 31 Grt West Sug (2.49) 22 Green (H L)Co(t1) 48% Greyhound C'p 3.20 24 Guantanamo Sug pf 30% Gulf Mobile & N pt 30 Hackensack W(1%) & Hall(WF)Printing- 14 Hamilton Watch _. 30% Harbison Walk(2)_. 12 Hat Corp of Am (A) 4% Hayes Body.__ . 253 Hercules Motor (1). 84 Hercules Pow (5).. 58% Hershey Choc (3) .. 119 102 Hershey Cpf (14).. A% 32%, 378 4y 33 294 543, 138 381y 17 133 15% 57 41 185% 57% 90 5% 8 63 15 3% 68 12 107 10% 9% 587 29 6% 19% 26% 30% 88 129 119% 160 30% Holland Furnace.__. 9 Hollander (t50e)... 19% Holly Sugar ($2) . 397 Houd-Hersh(A)235. 22% Houd-Her (B) t133. 6% Houston Of] vte __ 314 Hudson & Manhat__ 813 Hudson & Man pf 131; Hudson Motor Car. 1 Hupp Motor: 18% [1linots Central_ 30 Mlinots Cert pf 4'4 Indian Refining 25% Indus Rayon (1. 88% Inland Steel (3) 6'4x Inspiration Coppe: 9% Interlake Iron 274 [nt Agricultural 223 Int Agricul pr pf._. Int Bus Mach (16. 35% Int Cement (2) . 56% Int Harvester 2% 2% Int Hydro Elec (A). 4' Int Mercantile Mar. 43% Intl Nickel (1.40) . 3% Int Paper & Pw (A) 1% Int Paper & Pw (C) 20 Int Paper & Pw pf . Int Print Ink pf(6). 3% Int Ry Cent Amer.. 3 Int Ry Cent Am vto 19% Int Rwy Cent A nt_ 15 Int Silver_ Int Silver 11% Int Tel & Te! 10% Interstate DS ISOc_ 243 Island Creek (2) 5815 Jewel Tea (t4)_. .. 88 Johns-Manville $2_ 75% Jones&Laugh 7% of 121 116% KC P&L 1st pf B(6) 8‘& 13 Kans City Southern 19% Kans City South pf. 20 Kelsey-Hay ) 18 Kelsey-Hay! 14% Kelvinator (t50¢) .. 28% Kennecott C (1.20) 17% Keystone S&W (2). 3% Kinney (G R) Co.... 30 Kinney (G R) pf.. 4% Kresge Dept Strs__. 2014 Kresge (S 8) (11) .. 35% Kress(SH&Co(t1)_ 19% Kroger G&B (1.60). 20% Laclede Gas (St L). 15% Lambert Co (2) 12 Lee Rub&Tire(50c) 15% Lehigh Port Cmt t1. 9415 Lehigh Por C of (4) 9% Lehigh Val Coal pf. 815 Lehigh Valley R R_ 89 Lehman Corp (13)- 12 Lehn & Fink (1%~ 7 Libby McNefll & L. 47% Libby-Ow Gl(a2%). 25 Life Saver (1.60) . 97% Ligg&Mvers B (14) 19 Lily Tulip Cup(1%) 25% Lima Locomotive_.. 36 Link Belt (11.20) . 3214 Liquid Carb(1.60) 43 Loew’s Inc (12)ceee 2 LoftIne. -ceeee—ee 3% Long Bell Lum (A). 39% Loose-Wiles (2)._ . 45 113 107 Loose-Wiles pf (5). 21% Lorillard (P)(1.20). 20 Louisv GEEDfA 1% 57% Lou & Nash (a4%)_. 223 Ludlum Steel (1) 29 McCall Corp (3) —ee 12% McCrory Stores.... 16 McGraw Hill Pub._ 38% Mclntyre Porcu (2) 85 McKeesp't T P (14) 8% McKesson & Rob . 3% McKess&Rob pf(3). 11% McLellan Strs a20c. 27% Mack Truck (1) 40% Macy (R H) Co (2). 3415 Magma Copper (2). 1% Manati Sugar (d) 7% Manat! Sug pf (d).. 214 Maracaibo Oil Exp. 8% Marine Midld (40c). 1% Market St RY ... 30% 18% Market St Ry pr pf. 11% Innwl Field & Co Maytag l“ Melville M (l)-— m:o Hi 50s 111 7 2 2 109% 109% 109% az lsv. 6% 6%+ % 50% 1% 2% 2% 53% 22% 6% 5% + 24% - 8% + 168% + 131 114 41 8% — % 176% +1% 38% — % 154 + % 46% + % EFEIFEE FE FR 2 8 8 8 168Y% 168 1131 131 208 114 114 B4 176'/: 45% PR AT ® LI+ 4444011410 FEEE FREFFSS Trine FEIAEF WV Do B e N BN & ++14 41 FRrEES a F 23 X L b e Prmmate +1+++++1++ 4 ¥ FETTESEREST - 9 © 0 S Zoa 444+ B D +++ 1+ B RRIPES FF DAL e G IO e I R o | REERE FEERFE FF OIE FERFEREL ET) FEEFLE FEFFEERFFTES FRFEER EPEFFRES - NR=0n HHQ&;@NG‘G“MO - ] - uu?.uuan— 8 - = S wRONaaE >~ Prev. 1936 lmx and Low. Tgh. 10% 86 Mengel Co of.. 64% 40% Mesta Mach (a3%). 5% Miami Copper. .. ... 17% M1d-Contl Pet a40c.. 63% Minn Moline Pwr___ % Minn & St L (d)-___ 16% Mission COTP - -cmmem 5% Mo Kans & Texas... 14% Mo Kans & Tex pf.. 2% 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).... 15t% Motor Wheel (1) 11% Mullins Mfg (B) - 0 Mullins Mfg pf (7). Murphy G C (1.60)~ Murray Corp Myers (F E) (12) Motors (1) 121 Natl Acme (a25c) 9% Nat Aviation 28% Nat Biscuit (1.60)_. 164 153 Nat Biscuit pf (7). 30 21% Nat Cash Reg (50¢) 28'% 21 Nat Dairy P (1.20). 112% 108% Nat Dairy P pf A(7) 112 107% Nat Dairy P pf B(7) 18% 10 Nat Dept Stores ... 33% 25% Nat Distillers (2).. 31% 26% Nat Lead (150¢) ... 168 158 Nat Lead pf A (7). l:: 131% Nat Lead pf B (6) - 1% 5% 6919 1264 BaBwuun o - vus Xl faslalania S 'n 57% Nat Steel (1%) .. 19% Nat Supply Co. 74% Nat Supply Co pf. % Nat Tea (60c) .- 10% Natomas (180¢) - 9 Newport Industris 27% NYCentral RR . 17% N Y Chicago & St L. 36 NYChi&StLpf.. 10% N Y Dock pf .. 1 N Y Investors (d).. 3 NYNH&H(d) _. 7% NY NH & H pf (d).. 915 N Y Shipbuilding . 931 N Y Steam 1st (7).. 210 Norfolk & W (18) 63 North Am Aviation. 23% North Am Co (1)__.. 23%-Northern Pacific. ... 50 Northwest Tel (3).. 12% Ohto Ofl (50¢) ... 24% Oliver Farm Equip. 17 Omnibus Corp vtc... 8 Oppenheim Collins. 24% Otis Elevator (60¢c). 121 Otis St 70 Otis Steel pr pf e 128 Owens-[1l Glass (5) 13 Pac Am Fisher (1) 315 Pacific Coast. - ... 84 Pacific Coast 1st._. 15% 4l Pacific Coast 2d__. 41 30% PacificG&E (1%). 58% 47% Pac Light (12.40) 2815 143 Pacific Mills 142 nfi Pacific T & T (a5) 13% 67 Packard Mot(az6c). 4% 1-. Panhandle Pro & R. 97 67 ParaffineCo (+2)... 13% 74 Paramount Pict 98% 59 Paramount 1stpf _ 127a 84 Paramount P 2d pf_ 28% 17% Park & Tilford..... 5% 2% Park Utah - 50% 40% Parke D (a1%). 281, 23 Parker Rust P1%_. 10 4's Parmelee Transp't.. 117% 6% Pathe Film Corp.._ 10 Patino Mines_ 1'a Peerless Motor_ 14 Peerless rts_Oct. 26. 69 Penney(JC) ( 314 Penn Coal & Coke _. 415 Penn Dixie Cement. Penn Dixie Cpf A_. Penna Glass ctfs _. Penn Railroad (al). Peoples Drug (f1).. Peoples Gas Chi___. Pere Marq prof Pet C'p of Am a50c. Pfeiffer Brew (120) Phelps Dodze a75c.. 3l Phila Rap Tr (d) . 8's Phila Rap Tr pf (d) 66 Phillip Morris (3) .. 68 Phillips Jns pf (7). 384 Phillips Petrol (t1) 114 Plerce Petroleum._. 29% Pilisbury F1 (1.60)_ 7% Pitts Screw al2%c. Steelpf___. . 5% 15% 109% 302 10% 36' 25 (9 r 17 28% 30 38 6414 12% 1014 25% o PR NBARAOAARNA R AN AR AN e 58 Pitts United Cpf__ 21 Pitts& W Va______ 11% Plymouth Ofl (1) .. 12 Poor&Co (B). ... 4% Porto R Am Tob A . 6% Postal Tel&C pf (d) 2% Pressed Stl Car (d) 18 Pressed St C pf (d) 40% Proctor & Gam t1%3 39 PubSveNJ (2.40)_ 36% Pullman Ine (1%).. 16 PureOil £ 103 Pure Oil 8% pf ___. 9% Purity Bakeries 400 16'% Quaker Sta Ref 80c. 93, Radio Corp . 683 Radio Corp pf A lu 5 Radio-Kelth-Or (d) 11 RRSecllCent __. 287 Raybestos-M (134). 39 Reading 1st pf (2)_ 17% Rem Rand (160¢c)_ 4's Reo Motor Car.___. 167 Republic Steel_____ 77 Republic Steel pf__. 10 Revere Copper.___.. 24% Revere Copper (A)- 90 Revere C& B pf. 2215 Reynolds Met ( 25 Reynolds Sprg (1) 50 Reynolds Tob B (3) 6% Rutland RRpf____ 27 Safeway Stores (2). 22 St Josepr L4 (80c). 1% St L-San Fran (d).. 23, St L-San Fr pf (4). 28 164 140 140 Prev. . 936 Stock and Low. D vidend 303 Sheaffer Pen (2) . Zix 143 Bhent Onion Of /om 124% 110% Shell Un Ofl pf 6%... 14% 8% Sllver King (60c)... 45% 19% Simmons Co (aS0e). 1 31% 19% Skelly O11 .. % | 132 112 Skelly O Pf(t'l*)_ 28% 21 Snider Packing..... %| 17 12% Socony-Vac O (50c) % % % 30s 39 + % 23% 13 44% 43% 13% 30 31w 30% 31 16% 4% 30% 31% 46% 24% 11 47% 4T 30s 107 107 1 T 21% 28% 49% 90 16 7% 165 + 8% So Am G & P(a20c\. 4% 35% 26 South Port 8 (12) .. 321 25 South Cal Bd (1%). 47% 231 Southern Pacific. m 12% Soutlern Rallway.. 19 Southern Ry pf . 112 101% Spang Chal pf $8%. 5% Sparks- Withington. 15% Sperry C'p vto (a1). 13% Spicer Mfg. . 44 Spicer Mg pf (3) ... 63 Spiegel-May-8S (3)._. 14% Stand Brands (80c) 514 Stand Gas & El (d)_ 93 Stand G&E $4 pf (d) 24% Stand G&E 36 pf(d) 26% Stand G&E 37 pf (d) 35 Stand O of Cal (11). 32% Stand Ofl of {nd 1. 51% Stand Oflof NJ (11 2% Sterling Secur (A). 84 Sterling Secur pf .. 16% Stew-Warner t50c.. 14% Stone & Webster . 934 Studebaker Corn 27 Superheater (80c).-. 3 Superior Ol ceeuc 9% Superior Steel. 23 Sutherlnd Pap t1. 203 Switt&Co (1) - 28Y% Swift Intl Ltd (2)-. 1% Symington (d) ... 5% Symington A (d)... 6% Telautograph (60¢) 28% Corp'n (1) .. 33 Texas Gulf Sul (2). 28 Texas&PacRR _. 71 Tex Pac C & O a25e. 9'% Tex Pac Land Trust 337 Thatcher (1)...._.. 8'3 Thermold Co ..... 314 Third Avenue . 24% Thomp'n Prod alc. 47 Thompson Starrett. 26 Thompson Star pf .. 2 14% Tide W Ass0 O f0c_ 2 100% Tide Wat A O pf(6) 12' Timken Detroit(t1) 56 Timken Roll B (12) 11 Transamerica t40c. 147 Trans & Westn Alr. 10% Transue &W (60c) . Tla Tri-Cont Corp a2ic.. 2215 20th Cent Fox (al). 31% 20th Cent F pf1% ... 8% TwinCity RT 2% Ulen & Co . .. 38'2 Unlon Bag&Pap (2) = % 101% %1% Union Carb&C 2.80_ | 28% 203 Unton Ofl of Cat «1) | 149% 108%5 Unton Pacific (6) .. 100 90'4 Union Pacific pf (4) 22% Unton Tank C 1.20 . United Afrcraft .. United Air Line vte % Utd Air L rts Oct29. United Am Bosch . United Carbon (3).. United Corp = United Corp pf (3) United Drug (a50¢) Unit Eng & F (2) . » 663 United Fruit (3) __ 14% United Gas Imp (1) 2 U S Distributing... 10 U S Distributing pf. 13 US& For'n Secur.. 24% U S Freight (1) 8013 U S Gypsum (2).._. 8% U S Hoffman . __ 31% U S Indus Alcoho! 413 U S Leather vic._ 10% U S Leather A vte 21% US Plpe & Fy(1%). 7% U S Realty & Imp 16% U S Rubber____ 47 U S Rubber 1stpf _ 724 U S Smelting (al10) T7in 46% U S Steel __ - 144 131 U 8 Tobacco (15) 7% 5 United Stores (A).. ) 3% Utll Pwr & Lt (A).. 2% 1 Vadsco Sales Corp.. 27% 16 Vanadium Zorp . 4 245 24% 245 4813 28% Van Raslte (al%). 1. 46% 46% 46% 116 110% Van Ral 1stpf (7).. 308 114% 114% 114% 48% 40 Vick Chem (12)__. 1 46 46 8% 4% Va-Car Chemical.. 61 6% 6% 48% 28% Va-Car Chem 6% vt 36 434 415 114'%2 109 Va El-& Pwrpf (6). 20s 113 113 137% 120 Vulcan Detin pf(7). 10s 129% 1293 18 914 Waldorf Sys 11.20_. 1 16% 36% 30 Waligreen Co (2) ... 6 37 43% *26% Walker (H) (2)eeee 8 43 10 5% Walworth Co...... 23 46% 10% Ward Baking A 7 23 Ward Baking B... . 100% 47% Ward Baking pf $3. 14% 9% Warner Bros Pict_. 2% 13 Warner-Quin (d)._. 10% 4% Warren Bros. 2813 15% Warren Broscv pf_. 32 21 Warren Fdy&P(t1) 29' 19'3 Waukesha Mot (1) 4613 33% Wesson O&S(150¢c) 102 87 West Pa Elec pf (6) 96 West Pa Elec pf (7) 111% West Pa Pwr pf (6) Rla Western Maryland. 2 Western Pacific ___ 514 Western Pacific pf_. West'n Union (a2) _ 34% West'gh'se A B (1). 94'; Westingh'se El (4) 23'; West'g'se 1st pf 313 36! Weston Elec A (2)_ 19% Westvaco Ch t40¢c . 32% Westvaco 6%pf 1% 21's Wheeling Steel... 18 White Motor. 13% White Rk M S 3% White Sewing Mch. 16 White Sew Mch 2% Wilcox Oil & Ga. 6% Wilson & Co (50c)_. 70 Wilson & Co pf (6). 44% Woolworth (2.40) __ 23% Worthington Pump. 56 Worth Pump pf A.. 47 Worth Pump pf B.. 625% Wright Aero_.___. ++4+1 0101+ (Rl - sa# 28 164 140 1215 % 164 © 124 % 4% 661 122 % 11 15% 48% 50% FEFE ++4+0 410 © LNl PEF FE 523, l < 9 100%; 100% 100% 2 23% 23y 23 ;| 13! l’ifi 141 484 9 15% 2% 5 15 18% 184 3015 304 301, 6 10215 1013, 10215 16% 167 39% 39%, 5l 5 124 528, 118 Gid | +H|l+| » 12% 528, 11% 38%, R l++ + +++ 411 68 70s 125 124 dH+ H1++ 00 % St L Southw'n (d) .. 18 StL Sown pf (d)... 11 Savage Arms 37% Schenley Dis! ) 97%5 Schenley D pf (533) 33% Yale & Towne (6 8% Yellow Truck. 83% Yellow Truck p! 42% Young Spr&W (13)._ 41% Youngs'tn Sheet&T 2 43 122 20% 508 153 5 50 23 8% 43 152 49 153 49% —1% 86% 87 + % 1% Schulte R Strs (d) . % Seaboard Afr L (d). 2 Seaboard A L pf(d) 30% Seaboard O1l (1) 314 Seagrave Corp_ 595 Sears Roebuck (2)_ 15% Servel, Inc (60¢) ... 20% Sharon Steel Hoop.-.. 4% Sharpe & Dohme._. 11% Shattuck F G (50c). 11% Zenith Radio ... 9% 5% Zonite Products..... 2 8 8 8 V444 441 11:00 AM..__._ 400,000 12:00 Noon. . 284 25 T% 17% sUnit of trading less than 100 shares. including extras. $Accumulated dividends. b Paid last year. d Companies reported in receivership or bes reorganized. X Ex dividend. NEW YORK BANK STOCKS NEW YORK. October 10 (#).—N Securlty Deaters’ Avsociation.New York BE of Man (L) U. S. TREASURY POSITION. '] ine Assoclated Press. 'he positi it Rece ceipts, TR gt A i e, e L slo.‘z'v'z.ooo.v'?' T e iDts “for the fiscal July 1) ,239.344.495.3 X gmm.fl 8419 ncliding 78.54 of emergency expen: expen ‘under q ts, $10,975. m.esf 'l'({‘w A id” asset FINANCING TO DECLINE. NEW YORK, October 10 (#).—New financing scheduled for next week by States and municipalities totals $17,~ 049,300, compared with the revised total of $20,927,575 this week, the Daily Bond Buyer says. Investments 5'/2/0 lndl:.::'lm Secured by new dwellings in N.W. section of W, Bradley, Beall flmh& e e R e, CHICAGO PRODUCE. CHICAGO, October 10, (b —Butter, 11, 79 reamery—Specials (95 score). “extra frsts 30830 Bartly sraded. 1.75: North Deko Ohios. partly graded, 1.7 McClures, U. 0. 1, FOREIGN EXCHANGES. NEW YORK., October 10 exchange quiet: Great Britain in dolla others in cents: Great Britain. dema 4.90%: cables, 4.00%: 60-day bills, 4.89: France, demant 3 e nirator * standards. extras, 26%. No butter “or eu m rket Monda. Poultry. 1 car. 9 trucks; steady. 3 Fesiaters strong, Holl-nd. 53.4! gincked per hu s, ¥ 5 Rumania, 45 Aucn“n 'l BT8R Toklo, S60; Bhanshal. 20 Hongkong, 30.55: Mexico Montreal 'in New York York in Montreal, 99.96%. ‘n—Nominal, wmmerem x .a"n o&nd whit “Sinnesota Eatly Ohios soaiB5ie: First MorTGAGE Loans District of Columbia, Nearby Maryland and Virginia S N0 e Terms from 3 to 15 years Also Monthly Payment Loans RANDALL H. HAGNER & COMPANY mca--um /.%zfimz,..,._. 1321 Connecticut Avenue N.W. Telephone: DEcatus 3600 2 38% 384 384 — % Approximate Sales of Stocks en the N. Y. Stock Exchange, . 970,000 Dividend rates as given in the above table are the annual eash Ppayments based on the latest quarterly or haif-yearly declarations, t Annual rate—not aPaid this year. (). —Foreign Rate. moonun,mmmcu- 6 122% 1227% 122’/- - ‘fi 7 10% 10 10% ‘h % it FEFLEE AFTER HESITANGY % + 11175 1370 117 — %|Late Rally Pushes Prices Up Fractions to Two Points or More. Stock Averages 30 tndds Rabs Net change. +.4 +.5 Today, close*94.5 *42.6 Prev. day__. 94.1 421 409 234 422 302 312 18 60 ot Stks +3 +4 53.0 *71.1 52.7 70.7 527 685 375 495 534 1707 434 657 44.7 56.1 495 185 21.6 348 175 8.7 239 169 1929 high...146.9 153.9 184.3 157.7 1927 loW.... 51.6 953 618 618 94.1 763 e E EREsEFer e % % n E % I ), | “ (Compiied bv the Associatid Press.) *New 1936 high. BY VICTOR EUBANK, Ascociatea Press Financia: Writer, NEW YORK, October 10.—A late rally in today's stock market wiped out many earlier profit-taking reces- sions and pushed a wide assortment of issues into new high ground for the past five years with gains of frac- tions to 2 points or more. It was the sixth consecutive session in which the list marked up another peak for the recovery. Transfers were around 900,000 shares. There was plenty of stimulatinz | economic news, with dividend a earnings forecasts providing substan- tial support for selected equities. Further confusion in foreign affairs , | including the Russian controver: with the powers over interference in the Spanish civil war and political disturbances in France, tended to keep some traders on the fence. The | forthcoming Monday holiday also was | a restraining influence, n 5 %/ W ’-. ‘. #Tesres % ! | Among the better share performers | were Delaware & Hudson, Great Northern, Northern Pacific, Santa Fe, ‘Pennsyl\'anlu, Western Union, Na- | tional Biscuit, Standard Brands, Amencnn Shipbuilding, United States | Industrial Alcohol, American Com- | mercial Alcohol, Warner Bros. and | Colgate-Palmolive. Amusement issues were aided by dications improved public spendir power is being reflected in a sharp 1 upturn in moving picture theater at- | tendance, with the consequent betier- \mem of the major producing come . | panies’ financial positions. } Helpful to the merchandising group | was the statement of the Federal Re- ; serve Board showing department store | sales for the first nine months were ahead of the 1935 period by 11 per cent. Money for Construction Loans and Loans on Improved Properties 512% FIRST DEED OF TRUST ONLY GEORGE 1. BORGER 643 Indiana Ave. N.W. A Conservative Investment 3% Ist Morigage Noles Secured by New D. C. Properties CAFRITZ 14th & K St. N.W. DI 9080 COLLEGE GRADUATES Classes 1929 to 1934 Permanent connection for four to six men commencing early No- vember. Preliminary three weeks' train- ing but must be willing to seriously peruse further advanced study. Adequate percentage remuneration and substantial service commission after two years' connection Write stating educational back- ground. including extra-curricular activity. present connection and experience. Give phone number. Addn{s_ Star, Box 9-K e insertion he: Confidential inquiries invited con- cerning sons who might qualify and de willing to work for success. %% MONEY AVAILABLE For Construc Loans on Im in the District of Columbia. Prompt Action on Applications Real Estate Mortgage & Guaranty Corporation 1610 K St. N.W. NAtL 1403 First Mortgage District of Columbis, Nearby Maryland and Virginia 5Y2% Promp: Action B. F. SAUL CO. 925 15th Strest Natl 2100