Evening Star Newspaper, October 19, 1936, Page 16

_IHE EVENING STAR, WASHINGION. D._C, MONDAY, OOTOPER 1o W6 misAvelsl: STOCKS IRREGULAR IBA[}[]NV[NII[]N TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE » CALL 1S ISSUED D. C. Investment Dealers Receive Announcement g From Orrin G. Wood. BY EDWARD C. STONE. Investment dealers in Washington who are members of the Investment Bankers’ Association have just re- ceived the official call from President Orrin G. Wood for the 1936 con- vention, which will be held at Augusta, Ga., De- cember 2 to 6. It will be the asso- ciation’s 25th an- niversary, which is a signal for an especially varied and busy pro- gram. There will five forums, one on each day of the meeting, President Wood states, and leaders in the economic life of the country will appear on the program daily, speaking on subjects pertinent to the bond investment busi- ness. Committees and the board of governors will also consider problems particularly vital to investment bankers Member investment firms in Wash- ington are being urged to send as many representatives as possible. The Nominating Committee has alrcady completed and reported on the official slate for the coming year, which in- cludes Edward B. Hall of Harris, Hall | | go, as the committee’s | ident in 19 , well known among | investment men here, is expected to | remain as executive vice president. The Board of Governors will include | Claude W. Wilhide of Baker, Watts & Co., Baltimore. W. E. Booker of this city is among the present Board of | Governors, as well as being retiring chairman of the association’s South- eastern group. Perley Shown Paris Bourse. Frank M. Perley, trust investment officer of the American Security & Trust Co., back from a trip to Europe, visited the Paris Bourse just a few hours before the I : devaluation of the French franc was announced. A Paris cor- respondent of the | trust company | took him onto the floor of the | exchange | they were prc:enl when the hints of the de-| valuation move | reached the money market. e Orrin G. Wood Excitement on the Bourse nat-| wrally ran very high and was ex- | tremely interesting to visitors. The next day the Bourse was closed, re- maining so until alarm over devalua- tion had passed. Mr. Perley also visited the London | exchange, which he also found highly | interesting. In order to go onto the floor of the London exchange, he had | to wear a tall silk hat. A London| friend borrowed the proper regalia | for him and he got in by the “high hat” method. He also looked in on | the exchanges in Brussels and| Amsterdam, but not under quite such | unusual circumstances. Directors Advance Walden, Directors of the Federal Reserve Bank of Richmond have appointed | John S. Walden, jr., to the office of | first vice president of the bank for the period ending February 28, 141, approval having been granted by the governors of the Federal Reserve| System, Chairman Frederic A. Delano | announced today. He was formerly vice president. President De Emmett Bradshaw of | the Woodmen of the World Life In- | surance Co., which has an office at | [7701 Georgia avenue, announces that | new business this year is sure to break | all records. The usual yearly quota | was written in the first six months, he | says. President Bradshaw added that the Board of Directors is now consider- ing a proposal to issue loans on real estate through the Federal Housing Administration. $1,019,060 Land Bonds Called. The Virginia-Carolina Joint Stock Tand Bank of Norfolk, Va., has an- nounced the calling of a total of $1,- 019,060 of 5 per cent bonds due 1942, 1953 and 1956. The bonds are re- deemable at par on presentation at the Chase National Bank on or after No- vember 1, 1926. Simultaneously with this announce- ment, Webster, Kennedy & Co., Inc., and G. M.-P. Murphy & Co, are offer- ing $1,000,000 of 3 per cent bonds of the institution, due November 1, 1941, optional 1938, at 100. This refinanc- ing, together with that in August, re- sults in a net saving to the bank of $32,750 a year in interest charges. Market Interest Holds Up. Interest in the New York stock tnarket remains at a high pitch, judg- ing by the attendance in the local brokerage offices. Monday morning found traders and investors eager for the starting of the translux. They ‘witnessed an unusually good opening, with trading very lively and prices higher in many issues. Brokers report that there has been 8 large amount of foreign buying in the American markets during the past few days. They consider this and continued good business reports as the main reasons for the strength in the ‘Wall Street quotations. It was reported in the financial dis- trict today that the Securities Ex- change Commission will take no part in the move started by some New York Exchange members to extend trading hours from 3 to 4 pm. It is up to the exchange to regulate its own hours, 8. E. C. officials say. It is doubted if the six-hour session plan will be adopted. New Peaks on Exchange Here. Mergenthaler Linotype reached an- other new high mark on the Wash- ington Stock Exchange today when 25 shares sold at 543;. Washington Gas 5s, 1960, also hit a new 1936 peak at 125, up half a point from the last previous sale. Anacostia & Potomac R. R. 5s sold at 76 and 75%, 50 shares of Riggs National Bank preferred came out at 102 and Potomac Electric Power 5% per cent preferred changed hands at 11215, Indications point to a continuation of the upward trend of the business cycle, irrespective of the results of next month’s election, says the United Business Service in its current report. Except in areas which have been af- fected severely by this year’s drought, business will continue to show sharp gains over 1935 res: during the fourth quarter. F. M. Perley Prev. High. 63 T4% 15% 36% 21% 81% 6 17% By Private Wire Direct to 2:15 p. mA 1926 Stockand Sales— Low. Dividend Rate. Add 00. flllh. 42 Abr & Strausal.so. 20s 59 Acme Steel Co (13- 2 68 9% Adams Exp (a20cy. 3 17% Adams Millis(a1%) 12 1% Advance Rumley ... 3 58 Alr Reduction (t1). 2 Air-Way Elsc Applt 13 Alaska Jun (160¢).. 21 Alleg Corp (d) 123 Alleg pf w§30w (d). 12 Alleg pf XW () e 27 Alleg prpf (d) ceee 40% 267 Alleg Steel (11).c.. 1384, 137 547 90 644 136 Ah 4674 134 4105« Armour Del pf (7). » 36 354 115 3 157 Allled Chem (6 23 Allied Mills (ab0c 6% Allfed Stor 69 Allied Stores pf (5) 35% Allis-Chalm (13)-. 19% Alpha Port Cmt (1). 4% Amal Lether (new). 75 Amerada Corp (2)_. 49 Am Ag Chm Del(3). 37 Am Bank Note (1)_ 40 Am Brake Shoe 1.60 124 Am Brake S pf 6% . 115% Am Can (14) ... 30 AmCar& Foundry. 57% Am Car & Fdry pf.. 31 AmChain(al) . 114% Am Chain pf t16%5- '3 Am Colortype 201, Am Comcl Alcohol . 164 Am Crystal S(a50c) 3'3 Am Encaustic__ 613 Am & Forelgn Pwr_ 25 Am & For Pw $6 pf. 29% Am & For Pw §7 of_ 12 Am & For Pw 2d pf. 13 Am Hawattan (1)._. % Am Hide & Leather. Am Home Pr (2.40). 2iy Am Ice . 16's Am Ice pf ( 9% Am Internatio 231y Am Locomotive __. 21 Am Mach&Fdy(t1). 10 Am Mch&Met adc. 27 Am Metal 124 Am Metal pt (312)-. 715 Am Power & Light_ 36% Am Pwr&Lt pf (5)- 43 Am Pwr&Ltpf (6)- « Am Radiator(alsc). Am Radfator pf (7). 3% Am Rolling M(120) Am Safety Rn (2)- Am Seating___ \ Am Shipbldg (2) - 56% Am Smelt&Ref (2). 104 Am Sm&Ref pf (6)- 5 Am Sm&Ref pf (7). 5713 Am Snuff (13) __ 2013 Am Steel Foundry 107% Am Stl Fy pf $2% '« Am Stores (2) 484 Am Sugar (2). 20% Am Sumatra Tob t1 149t Am Tel & Teleg (9). 87 Am Tobacco (5) .. £815 Am Tobacco B (5) . 136 +Am Tobacco pt (6) - 87x Am Type Founders. 13 Am Wat Wksa20e. 7 Am Woolen 5% Am Woolen pf(33)_ % Am \Writ Paper (d). 4's Am Writ Pap pf (d) 31y Am Zinc & Lead 28 Anaconda Cop (1) 35 Anaconda Wire(2)- 15'4 Anchor Cap (6vc) 97 Anchor Cap pf(6%) 9 Andes Copper_. Archer-Dan-Mall [ 2 B&end e [ 2 B E P ) e © o Zm [ JOPTPS-Sor Bi-PNETATCEp-F FO -1 @ 4% Armour (1)linois) .- 66!« Arm'r(111)pr pf (6). 47\ Armstrong C (1% ) 744 Arnold Const (50¢)- 81y Artloom Corp.. 12% Asso Dry Goods. Assoc Oil (a25¢) - 59 Atch To& S Fea2_. 90% Atch To&S Fe pf(5) 21% Atlantic Coast Line 11 At Gulft& W ind__ 1313 Atl Gulf&W Ind p! 'GH. Atlantic Ref (1) .__. 109 Atlantic Ref pf (4). 48 Atlas Powder (12)_. 14 Atlas Tack (a 26% Auburn Auto_. 4% Aviation Corp (Del) 213 Baldwin Loco (d)-— 2913 Baldwin Loco pf(d) 2% Baldwin Lo asd(d)- 33% Baldw L pfasd(d)-. 157 Baltimore & Ohlo . 1 Baltimore & Oh pf_. 417 Bang & Aroos (2%) 11 Bang & Aroos pf(7) « Barker Brothers 8214 Barker Eros pf_ 14 Barnsdall Oll (80c) 16% Bayuk Cigars (75¢) 18 Beatrice Cream (1) 85 Beech-Nut P (13)_ 13% Belding-Hem (1) _ 83 Belg NR pt pf(3.24) 21% Bendix Aviat'n (al) 20 Beneficial L (t11%). 48 Best & Co (12) 45% Beth Steel.__. 1614 Beth Stl 5% pE(1) - 11‘)“ 107%; Bethlehe Stl pf(7).. 19% 7l 105 96'% 6% 3% 6% 2% 12% 31% 2% 5% 4% 60 3 129 125 20% 63% 112% 9% 49 39% 36% 3T%h 23% 108% 45% 136% 84% 44 32 Bigelow-San (1) 144 Blaw-Knox (60c, 77l Blumenthal pf 167y BoeingsAlrplan 41 Bohn Alum&Br (3). 8014 Bon Am1 A (4) Y Bon Ami (B) (2%5). 25% Borden Co (1.60) . - 64 Borg-Warner (13) 6 Boston & Maine 1214 Bridgp't Brass 140 43% Briggs Mfg (12) .- 41 Bristol Myers (12) . 40% Bklyn-Man Tr (4) . 97% Bklyn-Man T pf (6) 4'% Bklyn & Queens 33% Bklyn & Qns pf (13, 445 Bklyn Un Gas (3) 8% Brunswick-Balke._.. 87 Bucyrus-Erte. 9% Budd (E G) Mfg. 85 Budd (EG) Mfg p!. 8% Budd Wheel .___. 20% Bullard Co ll5°c) 11% Bulova Watch Za Burr Ad Mch(t 214 Bush Terminal (d)- 8% Bush Term deb (d). 141 Bush T Bldgs pf(d)- 2% Butte Copper&Zino. 16% Byers (A M) __. 54 Byers (A M) pf__.— 22 Byron Jackson t1._ 30% California Pkg(13%) 5 Callahan Zinc_. 6 Calumet&Hec 30 Campbell Wy (t1).. 10% Canada Dry G A.... 10% Canadian Pacific... 37 Cannon Mills (a2) . 12% Cap Adm (A) ab0c_. 91 Car Clin&O stpd(5). 6% Carriers & Gen 20c.. 9214 Case (J ) Co 54% Caterpillar Trac(2). 21% Celanese C'p (aZ5¢). 19 Celotex Corp___ 54 Celotex Corp pf 25% Cent Aguire (113%). 35 Central RRofNJ_ 47% Cerro de Pasco (4).. 8% Certain-teed Prod_.. 5714 Certain-teed 6% pf- 19 Champ Pap&F (1). 101 Champ Paper pf(6). 59 Chesapeake Corp(3) 51 Ches & Ohio (2.80) - 1% Chi & East 111 (d) . 2% Chi & East 111 pf (. 1% Chi Grt West (d) 4 ChiGrt Wpf (d). 25% Chi Mall Ord(t1%). 1% Chi Mil St P&P (d). 27 Cht M St P&P ot (d) 2% Ch1 & N W (4)._. 6% Chi & N W pf (d)__. 1215 Chi Pneumatic Tool 40% Chi Pneu Tool pf__. 13 Chi R [&Pac (d) - 3% Chi R I&P 1% pt(d) 19% Chi Yellow Cab (2). 17% Chickash Cot Ol 7 Childs CO.ceeemme 25 Chile Copper (1) 85% Chrysler (a6%).._. 15% City Ice & Fuel (2). 4% City Stores.... .. 23% Clark Equip (1‘!0)- ‘33 Clev Graph Br (2) . 48 Cluett Peabody (1) 124 Cluett Pead nt M- 84 Cuca-Cola (2).meeue 13 Colgate-P-P (50¢c).. 391 Collins & Ak t2___. 62% 62 107% Collins & Ak pf (7) 70- 111% lll% 3% Colo Fuel & Ir (d) .. 8% 23% Colo F & 1 pf (4) . l70l 8394 28% Col Fuel & Ir (new) 4 37T 3Th 211 Colo & Southern._.. 20s 27} 27% 19% Colo & South 1stpf 408 aav. 33 14 ColumbG & Eadlcx 63 19% 90% ColG&BpfA (6).x 1 105'6 105% 94 Colum vtc! < Comel Credit (t4). 12 71 71 Y% 20s 126% 126% 2 120% 120 344 THE EVENING STAR, WASHINGTON, D. C, MONDAY, OCTOBER 19, 1936 Net |High. Low. 84 st L i ) 104% 1213 40 108 Sl 9 FELFE FIF 1L+ 10% + 36 + 46% — 67% 126% 120 62% — 11!% 105% — 9% — 125% i FaaEF ke % % +2 -1% 62 1% 17% l'”n-!fi Prev. 109 Th 204 8% 15% 11% 1% 4% 26 2214 2% 102l| 115% 9w 186 166 o, 2106 311 149‘4 34% 95 80% 31p 39 19% 6215 129% 117% 119 49% 17 3 133 41 130 80 119 44% 116 325 3% 33 ld'l 17 3 8 63 132 16 Y 2:1 Stock and Sales— Dividend Rate. 55 Comecl Invst Tr (4). 14% Comel Solv (60¢) ... 2% Comw & Southern.. 59% Comw & Sou pf (3). 7 Conde Nast Pub. 30% Congoleum-N( 16 Congress Cigar (a2)x 1936 72% Con C pr pf ww S“. 65% Consol Cigar pf (7). 271% Consol Edison (2).. 102 Consol Ed NY pr(5) 4% Consol Film 15% Cons Film pf ltl)-- 37 Consol Laundries__. 11% Consol Oil (160¢) . 5'3 ConsolR R Cuba pf. 3 Consol Textile (d)_. 2 Cons Coal (Del)vte. 15% Contatner Corp (1), 10% Contl Ing (A) ... 1% Contl Baking (B) _. 674 Cont] Baking pf (8). 67% Cont'l Can (13) 17% Contl Dia Fibre(2j_ 3515 Contl Insur (11.20) - 214 Contl Motors 2814 Cont Oil of Del(1). 27 Contl Steel (2)..._. 5pm. 17 175 8 21 9 g 72 708 55'% Corn Ex BK&TT (3). 2: 6° Corn Prod Ref (3) Coty Inc Cream of Wh (2 Crosley Rad (a50¢). 3% Crown C& S (2)___. % Crwn C&S pf ww 2% Crown Zelledb'k vic. Crucible Steel . Cuba Co... Cuba R R pf Cuban-Am Sugar. 2 Cudahy Pkg (2%) * Curtiss Wright . Curtiss Wright (A). « Cushman Sons pf__. « Cutler-Hammer t1_ Davega Stores 130c. Deere & Co - Deere & Co pf $1.40 ¢ Deisel-Wem-G (1) Delaware & Hudson Del Lack & West___ Den&Rio GW pf (d) Det & Ma Det & Mackinac pf Devoe&Rey (A) (2) Diamend Mteh t1% Dia Match pf t1% . 4 Dist Corp Seag Ltd. Dome Mines (12) __. Dominion Stores _. Douxlass Atrcraft. Dresser Mfg B Duluth SS Atl. Dunhiil Internatl _ Duplan Silk pf (8) Du Pont de N 13.60 111% Duquesne Lt 1st (5 513 Eastern Roll Mills_. 156 Eastman Kod (+5) 152 Eastman Kod p£(6). 2814 1 5% 208, 1104 10 tington-Sehild . __ ec Auto Lite (a2) ec Auto L pf (7)- Electric Boat 5'4 Elec&Mus In(b24c) 6% Elec Pw& Lt __. _ 4 Elec Pw & Lt $6 pf_ Elec Pw & Lt $7 pf. Elec Stor Bat (12) E Exchange Buffet .. Fatrbanks Co___.. Fairbanks Co pt Fairb'ks-Morse(t1) Fajardo Suzar (2). Federal Lt & Trac.. Fed Lt & Tr pf (6) . Fed Min & Smelter Fed Min & Smelt pf. Federal Mot Tr 40c. 3 Fed Screw Works _ 5 Fed Water Sve (A) 3 Fed'd Dept St $1.40. Fid Phoe F 1 (11.20) Firest T&R (a%0c) - First Nat Strs (213) Flintkote Co (1) Follansbee Bros (d) Food Machine (1) - Food Mach pf(41). Fost Wheeler new _ Foster-Wheeler pt Fourth Nat Ial.45. Freeport-Texas (1) Fuller Co 2d vf. 3% Gabriel Co (A) 11'5 Gamewell Co._. 815 Gen Am Investors__ 4214 Gen Am Trans 1% _. 21 Gen Asphalt (b25¢) 10% Gen Baking (160c)-. 7 Gen Bronze 5% Gen Cable_ 17 Gen Cable 704 Gen Cable pt 52 Gen Cigar (1 140 Gen Cigar pf (7) 3414 Gen Electric (1) 33% Gen Foods (1.80) _ “» Gen Gas & Elec (A) 14 GenG&E 6%cv nfA 19% Gen G&E 8% pf A 58 Gen Mills (3) 537 Gen Motors (12) 118 Gen Motors pf (5) - 5% Gen Outdoors Adv. 38 Gen PrintInka2l . 105 Gen Print Ink pf(6) 314 Gen Pub Service 32!3 Gen Ry Signal ( 2 Gen Realty & Util_. 2614 Gen Real&U pf ww. 33% Gen Refrac (allg)- 3214 Gen Sti Casting pf.. 17 Gen Theatre Equip- 13% Gillette Saf Raz (1) 50 Gillette SR pf (5)— 6% Gimbel Bros.._— 84 Gimbel Bros pf (6). 39% Glidden Co (2) 52Y% Glidden cv pf(2%)- 3% Gobel (Adolf) 6% Goebel Brew ( 3 125 Gold Dust vte (60c) 13% Goodrich (B F)__— - 74 G'drich(BF)pf n(5) 21% Goodyear T & R__—. 87 Goodyear $7 pf (4)— 814 Gotham Silk Hose_.. 2 Graham-Palge - 1% Granby (2d stpd) 314 Grand Union ctfs._. 16 Grand Un pf $87%¢. 241 Granite City Stl (1) 281 Grant (W T) (1.40. 3214 Grt Northern pf__ 16 Grt North'n Ore (1) 31 Grt West Sug (2.40) 136 Grt West Sug pf(7). 22 Green (H L)Co(t1) 65 Greene Cananea (3) 48% Greyhound C'p 3.20. 1% Guantanamo Sugar. 24 Guantanamo Sug pf 9% Gulf Mobile & N___. 301 Gulf Mobile & N pf. 105 Gulf Sta Stl 1st 321. 6 Hall(WF)Printing. 109 Hamilt'n W pf $8%. 30% Harbison Walk(2)_. 12 Hat CorD nf Am (A) 4% Hayes B == 102 Hazel Alll! Gl (15). 25% Hercules Motor (1). 84 Hercules Pow (5). 58% Hershey Choc (3)_— 102 Hershey C of (14) 30% Holland Furnace. .. 108 Holland Furn pf(5). 9 Hollander (tsl'):)) 1ly Sugar (12)__. %332 :}gud-flerlh(A)Z 3. 22% Houd-Her (B) 11%5. 65% House Fin pf t3% - 6% Houston Ol vic. .. 48% Howe Sound (13)__. 3% Hudson & Manhat__ “ 81 Hudson & Man pf__. 13% Hudson Motor Car_. 1 Hupp MOLOFS—ceee 18% [llinots Central.... 30 Illinois Cent pf (A). 4% Indian Refining. ~ 25% Indus Rayon (1. 106 u:enoll-fiud(") 88% Inland Steel (3) .. 6% Inspiration Copper. 11% Interboro Rap T(d) 9% Interlake lron ... 27 Int Agricultural__. 22% Int Agricul prpf__. 56% Int Harvester 235 2% Int Hydro Elec (A). 4% Int Mercantile Mar. 43% Intl Nickel (1.40)__. 125% Int Nlck(cnn)pl('l) 3% Int Paper & Pw (A) 24'% 957 30 231, 00 <3 80 1D B 0 i 00 1 2915 3 wa 77 o 2 Froow P T O P R PRI PP - ?n-nnm.—_wm 39% 110% 29% 33% 42 29% 5% <l - e W 1T - = Net et e g Tl [ LRl ) L%)+ 1%+ T P b e [ I e s e T ) 1+ + 4+ ! +l++ +11 IRE SR S| toetr i) EESE PIFFEFS I+14 - L 5 113% 113% 40 111% + +1 — 29% + % 6% 104 + % 54% + % 30% 331 42 26 62% 2 130% um 180% W Y8 12 1% Ll%h-% Prev. Add 00. High. Low. Close. Chge. | High. Low. 81% 814 81% 126% 1197% 46% 26 4814 274 334 109 16% 68 49% 95 612 1% 150 20% 1|fi‘m 0% 164 18% 12% 2814 2215 ° 41 58% 28% 142 A 41 2:15 p.m. Sales— Add 00. High. Low. Close. Chge. | digh. b 5% b% 1936 Stock and Dividend Rate. 2% Int Paper & Pw (B). 1% Int Paper & Pw (C). 201 Int Paper 7z Pw pf. 37 Int Print Ink (2) 107 Int Print Ink p£(6). 12 9 19 9 308 3% Int Ry Cent Amer.__ 380s 3 Int Ry Cent Am vto 19% Int Rwy Cent & pf_. 23 IntSalt (1%)ceeee 47 Int 8hoe (12) cceeee. 15 Int Silver 11% Int Tel & Tel 10% Interstate D S a50c. 15 Intertype Corp (1)~ 24% Island Creek (2)__._ 5815 Jewel Tea (14) .. 88 Johns-Manville t2_. 121% Johns-Manv pf (7). 75% Jones&Laugh 7% vf 3915 Kalamazoo 8 (t1)-.x 13 Kans City Southern 19% Kans City South pf_ 17 Kaufman Dep 8 (1) 24% Kayser J & Coal%. 20 Keisey-Hayes (A)_. 18 Kelsey-Hayes (B)_. 14% Kelvinator (150c) - 87 Kendall pf A (16) 2814 Kennecott C (1.20) . Keystone S&W (2). Kimb Clark (150c)- Kinney (G R) Co. Kinney (G R) pf. 4 Kresge (SS) (11)__ ess(SH&Co(11)_x Kroger G&B (1.60)_ Laclede Gas (St L). Laclede Gas St L pt Lambert Co (2) . Lee Rub&Tire(50¢c) ¢ Lehigh Port Cmt 11. a2 Lenigh Por C pf (4) Lenigh Valley Coal. Lehigh Val Coal pt. Lehigh Valley R R_ Lehman Corp (13) Lehn & Fink (1%1— 5 Lerner Stores (12)_ 7 Libby McNelll & L_ Libby-Ow Gl(aZ %). Life Saver (1.60) Lige & Myers (14) . Lizg&Myers B (14) Lily Tultp Cup(1%) Lima Locomotive... Liquid Carb(1.60) - Loew’s [no (12)-. Loft Inc.. . Lone Star Cmt (2) . Long Bell Lum (A). Loose-Wiles (2) __. Lorillard (P)(1.20). La Ofl Ref pf (d) __. Louisv GKEpfA 1% 4 Lou & Nash (a434) Ludlum Steel (1) ._ MacAnd & For (2) McCall Corp (2).. McCrory Stores. __. McGraw Hill Pub__ Mcintyre Porcu (2) McKeesp't T P (14). McKesson & Rob .. McKess&Rob pf(3). » McLellan Strs a20c. Mack Truck (1) Macy (R H) Co (2). Aadison Sq G t60c_. Magma Copper (2)_ Manat! Sug pt (d) Mandel Bros___. Man El md gtd (d). Manhat Shirt (60c). Maracaibo Oil Exa_. Marine Midld (40c). Market St Ry._ arket St Ry pf- « Market St Ry pr pf. Marlin-Rock (12) Marshall Field & Co Martin Parry Mathieson Alk 1% . v Dept Strs (2)— ytag Co.. - Maytag pf ww (3)_. Maytag 1st pf (6) - Mead Corp Melville Shoe (5) - Mengel Co. .. Mengel Co pf 1; Merch & Min T Mesta Mach (a3%). Miam! Coppe! = Mid-Contl Pet Mid St1 Prod (a2) - Mid St) 1st pt (8) _ Milw El R&L pf (6) Minn-Hon Ros 11%. Minn-Hon R pf (6)- Minn Moline Pwr__ Minn Moline Pwr pf M StP&S'S Marie__ MStP&SSMlsin_ Mission Corp__ Mo Kans & Tex Mo Kans & Tex pf- Missour! Pacific(d). Mo Pacific pf (d)._. Mohawk Carpet (1) Monsanto Chem(t1) Montg'y Ward 80c_.. Morrell J & Co 2.40_ Morris&Essex(3%) Mother Lode - Motor Prod (12) Motor Wheel (1) Mullins Mfg (B) .. Mullins M£g pf (7)- Murray Corp— Nash Motors (1) . x Nashv Chat & St Li. Natl Acme (a25¢) - + Nat Aviation _ Nat Biscuit (1.60)_. 3 Nat Cash Reg (50¢) Nat Dairy P (1.20) Tokis Nat Datry B pf A(T) 10 25% Nat Distillers (2 at Ry Mex 1st pf_. at Ry Mex 2d pf_. 57 bl! Steel (1%3) .. 197% Nat Supply Co— 74's Nat Supply Co pf-. T» Nat Tea (60c). 10% Natomas (180¢ 32 Neisner Bros (2) Newberry (JJ) 2. 10413 Newb'ry (J J)pf(5). 9 Newport Industries 3215 N Y Airbrake (al) 27% N Y Central R R 17% N Y Chicago & St L.. 3613 NY Chi & St L pf._. .'l'. N Y Dock.. % N Y Dock pf 119 N Y & Harlem (5) N Y Investors (d) 93% N Y Steam 1st (7). 210 Norfolk & W (18) - 6% North Am Aviation. 23 North Am Co (1) . 52% North Am Co pf (3) 98 North Am Ed pf(6). 237% Northern Pacific 50 Northwest Tel ( 2 Norwalk Tire&Rub. 12% Ohto O1l (50¢) - 24% Oliver Farm Equip. 17 Omnibus Corp vte... 8 Oppenheim Collins_ 24% Otis Elevator (60¢c). 1213 Otis Steel ... 70 Otls Steel pr pf.... 47 Outlet Co (12) .- 128 Owens-111 Gl (a6 13 Pac Am Fisher (1)- 1 6 314 Pacific Coast.. 8% Paclfic Coast 1st. 4y Pacific Coast 2d 30% Pacific G& E (1%)- 47% Pac Light (12.40)..x 14% Pacific Mills 118 Pacific T & T (a! 908 608 8 1 18 208 101 708 104 2% 591y 39 110 10% 9% F8Y 27 48% 29 12% 28% 20 28 8% 122% 13% 99 104 4 294% 293% 16 116 1 2 101 10s 3 75 37 61 44 08 308 4 3 6 152 140 Pacific T&T pf(6)_-- 100s 18 13% % 11% Pacific W'n O1l b250 67 Packard Mot (a25c). 1% Panhandle Pro & R. 18% Panhandle P&R pf.. 67 Paraffine Co (12)-.. 7% Paramount Pict__.. 59 Paramount 1st pf. 84 Paramount P 2d pf- 17% Park & Tilford.. 2% Park Utah 40% Parke Davis (a1%). 23 Parker Rust P13 4% Parmelee Transp't.. 6% Pathe Film Corp-.- 10% Patino Mines.. 114 Peerless Motor.. & Peerless rts_Oct, 26. 60 Penick & Ford (3)_. 69 Penney(JC) (a2% §e 3% Penn Coal & Coke. .. 4% Penn Dixie Cement. 28% Penn DixieCpf A 17 Penna Glassctfs_._. 284 Penn Railroad (al). 30 Peoples Drug (t1).. 38 M\ les Gas Chi. 11 ™ T 327 32% 553 3 51 2% 13% 48% Net - % 2% - W 59% — % 39 -1 110 10% + % 104 + % 60% +2 28 +1 48% + % 29 — % BER S IR X 2 IS be IEAZRRERE S 2 444 = tli++01 1+ 13% + % 48% +1% 19% — % 4+ % 31% + % 1T% - % 116% 60 152 1% + % 10 24 - % 16% —1% 37% — % 53% — W 2T% — % Prev 501 122 49'% 114 65% 24% 118 133% 2:15 p.m. 1936 Stock and Sales— Low. Dividend Rate. 26% Pere Marquett. 16 Pet Milk (1) ... 12% PetC'pof Am as0c. ll 10% Pfeiffer Brew (1.20) 6 25% Phelps Dodge a75c. b4 45% Phila Co 6% pf (3). 3 81'% Phila Co pf (6) new. 1 31 Phila Rap Tr (d) . 10s 84 Phila Rap Tr pf (d) 80s 1% Phila & Read C& 1. 66 Phillip Morris (3)-. 7% Phillips Jones 38% Phillips Petrol (tl) 3 8 Plerce Ol pt.. - 1% Plerce Petroleum__. 29 Pilisbury Fl (1.60). 35% Pitts Coal pf_. T4% Pitts Screw al2 %e_ 49 Pitts Steel pf. 31 11% Plymouth Ofl (1) .. 20 Pond Creek Poc (2). 12 Poor & Co (B) ____. 4% Porto R Am Tob A . 6% Postal Tel&C pf (d) 2% Pressed Stl Car (d) 18 Pressed Stl C pf (4) 40% Proctor & Gam t1% 20 117 Proc & Gam pf (5)_. 108 39 PubSveNJ (240)___ 5 112 < Pub Sve E&G pf( 367 Pullman Inc (1% 16 Pure Oil _ 911 Pure Oil 6 103 Pure 011 8% pf. 9% Purity Baker! 16'% Quaker Sta Ref 80c. 9% Radio Corp '2 Radio Corp pf A 314 5 Radio-Keith-Or (d) 11 R R SeclllCent___. 287 Raybestos-M (1%). 35% Reading (2) 39 Reading 1st pt @)= 29 28 107 164 11% 2eliable Stores Rem Rand (160¢) _ R'm-R5% prpf 1% Rem-Rand pf (6) . Reo Motor Car_____ Republic Steel . Republic Steel 4 Rep Stlprof A li)_ Revere Copper. Revere Copper (A)- RevereC& B pf __. 5 Reynolds Met (1) __ Reynolds Sprg (1) Reynolds Tob B (3) Ritter Dental .. Safeway Stores (2) Safeway Strs pf (7) St Josepr La (80c). St L-San Fran (d) St L-San Fr pf (a)_ St L Southw'n (d).. St L Sown pf (d) Savage Arms Schenley Distill chenley D pf (534) Schulte R Strs (d) . Schulte R S pf (d)- Scott Paper (2) .. Seaboard Alr L (). Seaboard A L pf(d) eaboard Of (1) Seagrave Corp.____ Sears Roebuck (2)_. Second Natl Invest Sec Nat Inv pf $2.90 Servel. Inc (60c) - Sharon Steel Hoop Sharon Stl H pf (5). Sharpe & Dohme___ Shattuck F G (50c). Shell Unton Oil Shell Un Ol pf 5% .. Silver King (60¢)__ Simmons Co (a50¢) Skelly Of) ... _ Skelly Ol pf(17 Sloss-Sheffield St Sloss-Sh St pfadly Smith (A O) .- Snider Packing 3 Socony-Vac O (50c) 146 So Am G & P(a20c) 4 South Port S (12) . 8 South Cal Ed (1%) x 20 Southern Pacific. .. Southern Railway_. Southern Ry pf____ 4 Spalding (AG)1st pt Sparks- Withington Spear & Co.. ... Spear & Co pf (513). Spencer Kell (1.60). Sperry C'p vte (al). Spicer Mfg__ = Spiegel-May-S 3)- Square D(B)a62%c Stand Brands (80¢) 7% Stand Brands pf(7) 914 Stand Com Tobacco 5'% Stand Gas & El (d). 9'; Stand G&E $4 pf (d) 243, Stand G&E $6 pf(d) 26% Stand G&E 87 pf (d) 8 2 Stand Inv Corp.__.. 2 Stand O of Cal (t1). 43 Stand Oilof #nd t1. 32 Stand Oil of Kans__ 1 Stand Oflof N J (1 56 Starrett(L S)11.40_ 3 Sterling Prod (3.80) Sterling Secur (A). Sterling Secur pf . Stew-Warner t50c.. Sun Ofl pf (6) - Superheater (80c) 3 Superior O1l_ 9% Surerior Stee 23 Sutherind Pap t1 6%.Sweets Co of Am 20% Swift & Co (1) 28% Swift Intl Ltd (2)-. 14 Symington (d) 57 Symington A ( 6% Telautograph (60c. 5% Tennessee Corp . 287% Texas Corp'n (t1).. 33 Texas Gulf Sul (2). 28 Texas&PacRR __ 714 Tex Pac C & O a25e 9% Tex Pac Land Trust 337 Thatcher (1) 814 Thermold Co 6 23% Third Nat Inval.l5. 1 24% Thomp'n Prod aélc. 16 4% Thompson Starrett. 4 14% Tide W Asso O 60c. 62 12% Timken Detroit(t1) 17 56 Timken Roll B (12) 5 11 Transamerica t40c. 86 147 Trans & Westn Air. 7 10% Transue &W (160c) .. 5 7' Tri-Cont Corp a25c. 38 93 Tri-Contl C pf (6)-.. 4% Truax-Tra Coal.. T4 Truscon Steel . 22'4 20th Cent Fox (al). 2 313 20th Cent Fpf 1% .. 31 4 2% Ulen & Co 74% Und-Ell-Fisher (3). 38% Union Bag&Pap (2) 71% Union Carb&C 2.80. 2 15 % 20% Union Oil of Cal (1) % 40% United Corp pf (3)_ 168 % 86 115 1 108'% Union Pacific (6)--. 90% Union Pacific pf (4) 22% Union Tank C 1.20_. 20% United Afreraft.. 5. 13 United Air Linevic 7¢ 1 Utd Air L rts Oct29. 10: 24% United Bisc (1.60) .. 68 United Carbon (3)_. 22% Unit-Carr Fast (2). 5% United Corp.__ g_sl 10% United Drug (a50c) 16 15 Utd uyswood (al%. 2 4 United Elec Coal 2 32% UnitEng & F (2) 5 6615 United Fruit (3)—_- 7 14% United Gas Imp (1). 43 6% United Paperboard . 1 2 U S Distributing.. . 4 10 U S Distributing pf. 400s 13 US&Forn Secur.. 3 91 US&ForSist(6). 24Y% U S Freight (1) ... 80% U S Gypsum (2)-—— 8% U S Hoffman 49 U S Hoffman pf IK. 81% U S Indus Alcohol.. 4% U 8 Leather vtc.... 10% U S Leather A vtc.. 71 U8 Leath pr pf vte. 21% US Plpe & Fy(1%). 7% U 8 Realty & Imp.. 16% U S Rubber.__. 47 U S Rubber 1st pf.. 72% U S Smelting (a10). 68% U S Sm&R pf (3%)- 160 U S Tobacco pf (7). 100s 164 5 United Stores (A).. 57% Univ Leaf Tob (13) 50 Univ Piet 1stpf._.. 3% Utll Pwr & Lt (A).. N —— (Continued on Seventeenth Page.) Net Add ag High. xpw Close. Chge. 46 + 26% + 4% + 1% — 44% — 51% — U 10215 + l( ) 1715 = 16'; — 1074 3% ~1 g 19% — FINANCIAL. % I % ATEND OF SESSION Number Reach New Peaks Unaer Leadership of 0Oils, Specialties. Stock Averages Inflm Ralls. Uil 80k atls. Util. Btks Net change. +.1 +.1 Un. ‘.k'l Today, noon 956 526 718 Prev. day... 955 526 717 905 518 684 7.8 387 517 95.5 534 17 73.4 434 557 1935 763 447 561 1935 low_... 49.5 185 21.6 348 1932 - 175 87 239 169 1929 high...146.9 153.9 184.3 1577 1927 low____ 516 553 618 618 (Compiled by the Associated Press.) 436 435 414 245 435 30.2 312 1936 BY VICTOR EUBANK, Astoctatea Press Financiai or NEW YORK, October 19.—Althoug | 8 number of issues, under the leade | ship of oils and specialties, reacr into new high recovery territory today’s stock market, many backed away quietly. Support for the favorites apparen:!: was based on cheering business and industrial prospects. Transfers were around 1,950,000 shares. | Trading was fast at the start with | the ticker tape lagging for a wi Selling dribbled in later, however, the volume dwindled A moderate recession in this weck's steel production failed to upset opt mism to any noticeable extent. The current mill rate of 2 per cent of capacity compared with 51.8 in the same week last yi Foreign of the dollar. G ply as the Netherlands Bank its discount rate from 3 to cent. Stocks prominent on the advance | with gains of fractions to 2 or most | points included Atlantic Refin Seaboard Oil. Skelly Oil. Standard Oil of New Jersey, United States Steel preferred and common, Sharon Steel, Hudson Motors, Douglas Aircraft, Woolworth, Oliver Farm, Anaconda, Cerre de Pasco, Phelps Dodge, Goo | rich, Goodyear, Crown Cork, John: Manville, Canada Dry, Simmons Co, Omnibus Corp. and M hern Pacific Paramount, Packard, tudebaker and Standard Brands were lively with- out getting anywhere. The earnings statement of Du Pont f_)!'r,:shed no especial surprise, but the stock was backward throughout, |as were Allied Chemical, American Can, Chrysler, Sears-Roebuck, Schen- m Walker, Western Union nghouse. Rails were in de- mand for a time, but most of these slipped in the afternoon. NEW YORK COTTON BY the Assoctated DPress NEW YORK, October 19.—Cotton moved irregularly today over a nare row range, with active trade and for eign buying absorbing a relatively large amount of hedge selling. demand later lightened, U offerings continued and prices reacted from the best January eased from 12.03 to 11.94 and July from 1211 to 1204, leave 1 | ing the market 4 points net lower to 1 higher during the middle of the afternoon. % n n e in % others " & | in sup- reduced 2!z per middling Cottonseed Oil. Bleachable cottonseed oil futures | closed easy: October, 9.88b; December, v, 10.02b; March, 10.11b; Sales, 51 contracts. Spot quiet were unable 10 keep Di 11cember opened at Jun at the same n.ure e ices held nar: around _the: GBeninE Gevels and. the volume af sei | orders aried up. Cott es opened St 27%0b. steads. January. b—Bid. Liverpool Quotations. . LIVERPOOL. October 19 P —Cotton 7.000 bales; American nil. Spot in fair demand: prices 3 points lower. Quota tlons 1y pence: American strict good mid: good _middlin; middiing, middling. :.00: strict middling; low middling. 6.40 good ordinary, 6.20: good ordinary. Futures closed steady: October. 6.7 . 6.77: March, ¢ INSURANCE STOCKS NEW YORK. October 19 (# —New York Security Dealers’ Association B Asked lvata Aetna Cas 2 Am Equit (1a) . Am Ins Newark ('2) _ Am Reins (3 = Am Reserve Am Surei Altomobile (1a Balt Amer (.20a) _ Caml na_(1.20) Globe & Rep (2a) xd__ Globe 8het Amer (18 | Hanover (1.6¢ N Hampshire (.60 Nor River (80a) . Sorinefield (412a) Sun_Life Travelers (18} 7 S Pire (1.80) Weqrhmu L4 Vg Iso extra §Declared or pna % tar this year. CHICAGO LIVE STOCK CAGO. October 19 (@ (United ? Agriculture) —Hos: {mnderweights sharply lower i ' instances P, 10.20; bulk eood choice, - 0 fod n'.:unnl active; 3 10.40: -go 0 strong to 2 helters' generally _ strons. (o stockers and feeders mostly 25 highers bulls. 10a15 higher: vealers. 25 mostly 10.00 down: occasional sales ) eep. 00. including 10.200 di bout steady. auality con- l(fltr!d blds nd sales on natives, 8.758 top. 5 on few choice to out- Siders: “Westerns. *'B.15u0.00; four cars Colorados at outside with odd lambs ont sheep steady: bulk slaughter ewes, 3.50: feeding lambs strong: bulk, 6.508 7.50; 66-pound weights. 8.50. -_— Long Island R. R.—Deficit eight months ended August 31 was $241, QBB, #gainst deficit of $781,709. 55 1 tat Taibe 4 cor