Evening Star Newspaper, October 27, 1936, Page 18

FINANCIAL [PORISHEIR) TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE[STUKSIPROE BY D. C. BANKERS = Efforts to Expand Public Service Disclosed at Fall Meeting. BY EDWARD C. STONE. Every member bank in Washington was represented at the regular Fall meeting of the District Bankers' As- sociation late yesterday in the board room of the American Security & Trust Co., when special committee reports were presented, present activi- ties reviewed and various routine mat- ters disposed of. President Karl W. Corby reviewed the work done by the association since he took office last June. Every com- mittee has been busy watching trade, credit, changes in banking methods; at the same time seeking new ways to serve the public and expand bank earnings. Banking conditions have been improving steadily in the Capital for many months and promise to con- tinue the upswing. President Corby called for a report from the special committee appointed to make a study of fiscal relations be- tween the United States Government and the District of Columbia, pertain- ing especially to the proposed methods of taxation in the District. This re- port was presented by Thomas J. Groom, chairman of the committee, the other members being Lanier P. McLachlen, Francis G. Addison, jr., and Robert V. Fleming. High tribute was paid to the memory of the late George L. Starkey, who was president of the National Bank of Washington at the time of his death, in resolutions adopted by the association. The Resolutions Commit- tee was made up of Wilmer J. Waller, chairman; H. H. McKee, Charles H. Doing and George O, Vass, Walter R. Gardner, chief of the in- ternational finance section of the Fed- eral Reserve Board, Division of Re- search, addressed the bankers on in- tricate financial problems. He was technical assistant to the London Con- ference on Currency Stabilization in 1933 and is an authority in his line. In addition to the business of the meeting, insignia were presented the association’s section heads for meri- torious service. These awards were made by Mr. Corby to Millard S. Yeatman, Hamilton National Bank, chairman of the auditors’ section; James A. Soper, Lincoln National Bank, chairman, fiduciaries' section, and John F. Hillyard, National Bank of Washington, who is head of the safe deposit section. B. & 0. Earnings Advance. Net railway operatinig income of the Baltimore & Ohio Railroad in Sep- tember totaled $3,403,002, compared with $2,508,666 in September, 1935, a gain of $894,336. Freight revenues alone in September scored an increase of $2190,387. Passenger revenues Jjumped $143,624. Operating expenses were higher than a year ago but were kept well in hand, the increase in this item being less than half the rise in operating income The B. & O. report for nine months, also made today, revealed a net rail- way operating income of $21,146,578, as compared with $17,253,083 in the like period in 1935, an.increase of $3,893,495. Operating revenues to- taled $123,297,542, an advance of $19,- 098,591 over a year ago. Operating expenses were up $13,229,404. Of course, the greatest increase in earn- ings was in freight service, which saw & $17,583,295 rise in the nine months. Passenger revenues gained almost $1,000,000 in the same period. Insurance School Launched. President Laurence H. Riggles pre- sided at a special meeting qf the Dis- trict Life Underwriters’ Association late yesterday, when final plans were announced for an insurance insti- tute. The first term will open No- vember 2 and close February 22. The faculty will include Morton H. Wil- ner, dean; Winthrop G. Batchelder, registrar, and James E. O’Brien, sec- retary-treasurer. The faculty will be made up of widely known Washington insurance men, Joseph A. Marr, Harold D Krafft, T. L. O'Brien, J. Allen Ma- phis, Dwight Scott and H. Laurence Choate. Courses of study will include economics of life insurance, psycholo- gy of salesmanship, commercial and insurance law, wills, trusts and es- tates, econcmics governing sociology and security of life insurance. The new school is different from anything ever before attempted in this city. Sperry New Gas Director. Marcy L. Sperry, president of the Washington Gas Light Co., was hon- ored today at the annual meeting of the American Gas Association at At- lantic City by being elected a director of the organization for a two-year term, according to a special dispatch to The Star. Mr. Sperry has long been an active worker in the organi- zation and is a member of the associa- tion’s committee in charge of $1,500,- 000 national advertising program, which was recently adopted. Peoples Drug Earnings Rise. It was reported at the head office of Peoples Drug Stores, Inc., here today that indicated net profit of $262,353 was registered in the Sep- tember. quarter, equal after preferred stock dividend requirements to $1.01 & share on the common stock. This compares with 94 a share in the pre- ceding quarter and 57 cents per share in the like period in 1935. Bank Adopts New Service. ‘The Morris Plan Bank of Virginia has inaugurated a new checking serv- ice requiring .no minimum balance and making no monthly charge. It is the first bank in the South to set up this type of service, which con- forms to checking systems adopted by branches of the Manufacturers Trust Co., the National City Bank of New York and other banks of the country. The charge for the service 4s 81 for a book of 20 checks. Lanston Dividend Declared. Directors of the Lanston Monotype Machine Co. have declared the reg- ular quarterly dividend of $1 a share, payable November 30 to stockholders of record November 20. The stock sold on the Washington Stock Ex- change the other day at 89, a new 1936 high. The Washington Gas Light Co. in an amendment filed with the Secur- ities and Exchange Commission states that public offering of its 130,000 shares of capital stock, par value $20, has been delayed to November 25. Thelmckllllll.luodlndwt- standing. . Sales totaling 151 shares were re- corded in Washington Gas Light stock Prev. Wlu 1036 Stock and lll Low. Dividend Rate. 9% Adams Exp (a20¢). 50‘ 17% Adams Millis(a1%) 3% 224 Address’graph( 1) 1% Advance Rumiey... 58 Alr Reduction (11). 2. Afr-Way Elec Appld 13 Alaska Jup (t60e).. 214 Alleg Corp (@) 12% Alleg pf w330w (4) 12% Alleg pf wS40w (d). 12% Alleg pf IW () e 27 Alleg prof (d) aeee 40% 26% Alleg Steel (")_._ 245 157 Allled Che: 30% 23 Allled Mills ll 6% Allied Store 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).. 138% 124 Am Brake S of 6% . 137% 116% Am Can (14) 54 90 64%% 13% 32% 32 2% 39% 28% 45 933, % 30 Am Car & Foundry. 57% Am Car & Fary pf.. 31 Am Chain(al).. 7% Am Colortype.... 20% Am Comcl Alcohol 16% Am Crystal S(a50c) 3!3 Am Encaustic. ... 643 Am & Foreign Pwr._ 25 Am & For Pw $6 pf. 29% Am & For Pw $7 pf. 12 Am & For Pw 2d pf. 13 Am Hawaifan (1) 5% Am Hide & Leather. 32% Am Hide & L pf (3) Pr (2.40). 23% Am Locomotive 21 Am Mach&Fdy(t1) 10 Am Mch&Met at0c- 27 AmMetal . _.___ 7% Am Power & Light. 36% Am Pwr&Lt of (5). 43 Am Pwr&Lt pf (6)- 18% Am Radiator(alse) 23% Am Rolling M(1.20) 36 Am Safety Rn (2). 18 Am Seating_____—— 25% Am Shipbldg (2) ... 56% Am Smelt&Ref (2). 108'%; 104 Am Smé&Ref pf (6). 1523, 136% Am Sm&Ref pf (7). 3% 45‘A '6 57% Am Snuff (13) . _— 20% Am Steel Foundry.. 24% Am Stores (2). 48% Am Suzar (2) 145 120 Am Sugarpf (1) 26% 20% Am Sumatra Tob t1 180% 149% Am Tel & Teleg (9). 102% 104 87 Am Tobaceo (5).-.. 8815 Am Tobacco B (5).. 160 136 Am Tobacco pf (6). 15% 27% 108% 11%4 T0% 2 10 k™ 473 863 268, 111 5315 35 873 Am Type Founders. 19'» Am Wat Wksa20c... 923% Am Wat W 1st (6) .. 7% Am Woolen. ... ... 5% Am Woolen pf($3). % Am Writ Paper (d). 4's Am Writ Pap pf (d) 3% Am Zinc & Lead ... 28 Anaconda Cop (1).. 35 Anaconda Wire(2). 15'% Anchor Cap (60¢) . 97 Anchor Cap pf(6%) 9 Andes Copper. ... 4% Armour (1llinois) .. 47T% Armstrong C (1%). 7% Arnold Const (50¢). 8% Artloom Corp - 12% Asso Dry Goods 36 Assoc Oil (a25¢) . 59 Atch To& S Feal2 . 90% Atch To&S Fe pf(5) 21% Atlantic Coast Line 11 At Gulf& W Ind .. 13% Atl Gulf&W Ind pf. 265 Atlantie Ref (1) ... 115 109 Atlantic Ref pf (4 304 54l 10% 4615 T 14 Atlas Tack (a75c) 26% Auburn Auto 5% Austin Nichol 2915 Austin Nichol: 4% Aviation Corp (Del) 21 Baldwin Loco (d) - 29%5 Baldwin Loco pf(d) 2%; Baldwin Loasd(d). 33% Baldw L pfasd(d).. 157 Baltimore & Ohio._.. 1 Baltimore & Oh pf.. 12 417 Bang & Aroos (2%) 110'; Bang & Aroos pf(7) 21 Barber Co (The)___ 13 Barker Brothers... 82 Barker Bros p! 1414 Barnsdall O1l (30c) 16% Bayuk Cigars (75¢) 18 Beatrice Cream (1) 85 Beech-Nut P (13)__ 13% Belding-Hem (1)... 21% Bendix Aviat'n (a1) 20 Beneficlal L (113%). 48 Best&Co (2%) 45% Beth Steel 16% ]"fi‘m 10744 18% Bloomingdale (a! se. 77% Blumenthal pf_. 16% BoeingsAirplan 41 Bohn Alum&Br 39 Bop Ami (B) (2% 25% Borden Co (1.60) _ 64 Borg-Warner (13 6 Boston & Maine 12'% Bridgp't Brass 14 T 48!« Briggs Mfg (12)__. 41 Bristol Myers (12). 40% Bklyn-Ma: « 43 Bklyn & Queens 331 Bklyn & Qns D{(xl). 44% Bklyn Un Gas (3).. 814 Brunswick-Balk 8% Bucyrus-Erie. ... 9% Budd (EG) Mfg.__ 85 Budd (EG) Mfg pf. 8% Budd Wheel ... ... 20% Bullard Co (a50c) .. 11% Bulova Watch 25 Burr Ad Mch(160c). 2% Bush Terminal (d). 8% Bush Term deb (d). 14% Bush T Bldgs pf(d). 2% Butte Copper&Zine. 54'% Byers (A M) pt. 22 Byron Jackson 1. 303 Californta Pxg(1%) % Callahan Zinc._. .. 6 Calumet&Hecas0c. 30 Campbell Wy (11).. 10% Canada Dry G A-... 10% Canadian Pacific. ... 37 Cannon Mills (a2).. 12% Cap Adm (A) ab0c... 6% Carrie:s & Gen 20c_. 92% Case (J1)Co ___ 54% Caterpillar Trac 12 213 Celanese C (a50c) 19 Celotex Corp--_. 25% Cent Aguire (t1%). 35 CentralRRof NJ. 615 Century Rib Mills_. 47% Cerro de Pasco (4). 8% Certain-teed Prod_. 571 Certain-teed 6% pf. 19 Champ Pap & F (1) 59 Chesapeake Corp(3) 51 Ches & Ohio (3.30)_ 4 ChiGrt'Wpf(d). . 25% Chi Mal) Ord(t13). 115 Chi M1l St P&P (d). 2% Ch! M St P&P pf (d) ‘2% Chi & NW (). ___ 12% Chi Pneumatic Tool 40% Ch1 Pneu Tool pf... 13 Chi R [&Pao (d) ... 3% Chi RI&P 6% pf td) 3% Chi R 1&P 7% pf(d) 17% Chickash Cot Ofl___ 25 Chile Copper (1).... 85%% Chrysler (a8%). .. 15% City Ice & Fuel (2). 4% City Stores.___ 23% Clark Equip (1.20)- 33 Clev Graph Br(2).. 48 Cluett Peabody (1). Q 129 124 Cluett Peab pf (7). 125% 20% 63% 84 Cuca-Cola (2)...-.. 13 Colgate-P-P (50c).. 391 Collins & Atk t3.__. 112% 107% Collins & Atk pf (7) 110% 110% Collins&A pf(7)eld. 23% 108% 103 45% lll% 14 Columb G & Eadlc. 90% Col G & Epta (6).. 80% Col G & Epf (B)..... 31 Colum Pict vte (11) N Colum Carb vte(14) ~ Comel Credit (t4)_. .fllflu Net | High. 1 AMW.MM'MCII’ B ll%Cflnflofl(V“‘)._ 8 144 1‘“4-% 28 e + % % - EE L L LY LT T T a1 = Y ere + % +3% +2% +1 +2% + % +1 + % -2 4w +3% POy e + % +2 48% + % 10s 138 138 6 124% 12‘% +1% 1 +1% !‘ 61% 11% 28% 26% 4 1 39 47% 18 18% 5l 34% 4% 2% 19% +1 + % +1% - Pl ++++ 1+ EF FELETEEF ++ B o - PR RB N R T O NEDNBI IO S A TV e 15 o 5 FlErEH b4+ ESEEFEERELER s +Hdttt LA+ o+ EEFEREE EESEREE # ~ FrForssss AR AR R SoE I+4+ ++ 113% 1 131. 28% 44 424 2% 80 8% 15% 60 43% 55% Tha 39% 52h 18 17 12 90% 10 l++|++ #|$+++ +|¢+| 1+ 311, 9 34% 33% 34% + % 5 43% 42. 43 1 64 64 64 +1 10s 127 127 127 11 120% 120% —1% 100 18% 17% 18% +1% 14 601 B9l 604 +1% 308 1113 111% 111% 308 110% 110% 110% 19% 19% 19% 105 104% 105 + % 108 99% 99% 99% + 14 384 37 38% +1% 121 121 41 Prov. % Corn -16!‘/. 15! Corn Prod R pt (7). ™ 54% 284 133 584 42 401, 34% 6113 824 8% 169% 133% 115% 9% 185 39% 15% 47 114 17 ! 25 1up. 1086 Low. Stock ln‘ Dividend % Mul Textile (d). 2 Cons Coal (Del)vte. 12% Cons C (Del) pf vte. 15% Container Corp (1). 27 Contl Steel Corp(1). 55% Corn Ex BR&TT (3). Prod Ref (3).. 4 Coty Ine 24 CraneCo. 35 Creamof Wh (3)... 15% Crosley Rad (a50e). 43% CrownC &8 (3)... 46% Crwn C&S vt ww 3y T} Crown Zelleb’k vic.. 28 Cructble Steel .. 6% Cuban-Am Sugar... 63% Cuban Am Sug pf.. 16% Curtis Publishing.. 99% Curtis Pub pf (7). 4 Curtiss Wright.___. 10% Curtiss Wright (1) 59 Cushmanspf (3%). 433% Cutler-Hammer t1. 52 Deere &Co.. 27 Deere & Co bf $1.40. 19% Deisel-Wem-G (1) 36% Delaware & Hudson 14% Del Lack & W. 128 Detroft Edison (14) Devoe&Rey (A) (2) 30% Diamond Mtch 1134 18% Dist Corp Seaz Litd. 41'3 Dome Mines (12) 50% Douxlass Afrcraft.. 4% Dunhill Internatl _. 133 Du Pont de N 13.60. 129 Du Pontdeb (6).. 111% Duquesne Lt 1st (5) 515 Eastern Roll Mills_. 156 Eastman Kod (15)- 2814 Eaton Mfg (2)___. 5% Eitington-Schild 30% Elec Auto Lite (a2) 1104 Elec Auto L pf (7)_ 10 Elec Boat (aé0c) - 5' Elec&Mus In(b24c) 9% Elec Pw& Lt ... _ 294 Elec Pw & Lit $6 pf_ 323, Elec Pw & Lt $7 pf_ 42% Elec Stor Bat (1) 53'5 Endicott-John (3).. 110 Endicott-J pf (5) 714 Eng Public Service. 48 EPS$550 wwill. 5% Equit Office B a20c. 11% Erfe R R 2d p?_. 23% Evans Products (l) 2% Fatrbanks Co.. 815 Fairbanks Co pf 34% Fairb’ks-Morse(t1) 31% Fajardo Sugar (2).. ral Lt & Trae .. 7% Federal Mot Tr 40e. 215 Fed Water Sve (A). 201 Fed'd Dept St 11.40. 38 Fid Phoe F | (11.20) 247 Firest T&R (a90c). 40 First Nat Strs (23%) 30% Flintkote Co (1) Frank Sim pf (37)_. " 2:1'5 Freeport-Texas (1) 421 Gen Am Trans1%_. 10-. Gen Baking (160¢).. Bronz Cabl 17 GenCabloA..caeee 52 Gen Clgar (14) .. 34'% Gen Electric (1) ... 33% Gen Foods (1.80) __. s Gen Gas & Elec (A) 88 Gen Mills (3) ... '« 537 Gen Motors (12)... NBH 34% 95 80% 198 6215 129% 117% 22% 119 49% 17 115 | 9 133 41 131 | 135 80 119 “i 116 32% 3% 445 33 76% 12% 87% 5% 21% 3 2915 5% 3% 18% 38% 17 17 13% T 18% 15% 5% 63 132 15 6% 3% 68% 20% Int Paper it 129 119% 121 26 48% 27% 28% 20 24%. 26% 57l 118 Gen Motors pf (5).. 5% Gen Outdoors Adv.. 18% Gen Outdoor Adv A. 315 Gen Pub Service. 32!3 Gen Ry Signal (1).. 2 Gen Realty & Util.. 265 Gen Real&U pf ww. 33% Gen Refrac (a1%). 3213 Gen Sti Casting pf - 17 Gen Theatre Equip. 30'4 Gen Time Inv (1)__. 13% Gilletge Saf Ras (1) 70 Gillette S R of (5 6% Gimbe! Bros. 84 Gimbel Bros pf (6 39% Glidden Co (2) 52% Glidden cv pf(2%)- ‘s Gobel (Adolf). . . .. Goebel Brew (t20¢) 12% Gold Dust vte (€0¢c) 13% Goodrich (B F). . 74 G'drich(BF)pf n(§) 21% Goodyear T & R 87 Goodyear $7 pf 8% Gotham Silk Hot 2 Graham-Paige 1% Granby (24 stpd) .. 3% Grand Union ctfs__. 16 Grand Un pf $87%e. 24% Granite City 8tl (1) 281 Grant (W T) (1.40) 32% Grt Northernpf.__ . 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 9% Gulf Mobile & N___ 30% Gulf Mobile & N pf 105 Gulf Sta Stl 1st 121 6 Hall(WF)Printing. 14 Hamilton Watch 109 Hamilton W pf $12_ 30% Harbison Walk(2). 12 - Hat Corp of Am (A) 104% Hat C pr ww (6%)-. 4% Hayes Body . 102 Hazel Atlas Gl (15). 251 Hercules Motor (1). 84 Hercules Pow (5).. 126 Hercules P pf (7). 58% Hershey Choe (3).. 102 Hershey Cpf (14).. 30% Holland Furaace._. 108 Holland Furnpf(5) 9 Holiander (t508)_.. 19% Holly Sugar (12) . 39% Houd-Hersh(A)2%. 22% Houd-Her (B) t1%. 65% House Fin pf t3% .. 6% Houston Ol vte 48% Howe Sound (13 3% Hudson & Manh: 13% Hudson Motor Car. 1 Hupp Motors. 185 Illinots Cen 30 [linois Cent pf 58 1l Cent ise lines (4) 4% Indian Refining. . 25% Indus Rayon (1. 106 . Ingersoll-Rand (12) 88% Inland Steel (3)__. 6% Inspiration Copper.. 5% Ins Sh Md cfsa20c_ 1114 Interboro Rap T(d) 95 Interlake lron. ... z'/. Int Agricultural ... 2% Int Agricul prpf_ . Int Bus Mach (16) 2% int Hydro Elec (A 43% Intl Nickel (1.40). . 125% Int Nick(Can)pf(7) 3% Int Paper & Pw (A) 2% Int Paper & Pw (B) 1% [nt Paper & Pw (C) 37 IntPrintInk (2)-—- 3% Int Ry Cent Amer.... 19% Int Rwy Cent A pf.. 3: 23 IntSalt (1%)eceeee 47 Int Shoe (12). 16 Int SIlver.. .ccemam 116% KC P&L 1st pf B(6) 13 Kans City Southern 19% Kans City South pf. 17 Kaufman Dep 8 (1) Kelsey-Hayes (A).. (B).. 24% I 20% 1 % “IK"K “+% 3 % 1 3% IK l\i % 108 17% 17T% 1T% — % 5 21% 20% 21 + % N Zl ”Va 21% +1% l xm le l“h +1° 2% 12% + % 21% 214 2110 109% 6% 6% 19% 18% 69 69 70 70 M 304 26 48 19% 1464 145% 53 53 31 224 5315 3% 5% 1674 5 130% 5 114% ™ T 172% 38 13% 44 s 112'% 13'% P T +l++ 4+ +4++1 4 B FEFEE rEFE SV o s3 &% »e +H4E 1+ §+44+| © FETEEF S a P wransmneBearSvacelnnis afuntunamans » M @ 83 SSconnwS- 2128 127% 128 12 134 112% 114 +1% ll‘fl 10% 11% + % 5 5% + 1 13'§ 12% 12% — % 12% 12 12% + % 3% 3% 3% 31 31 31 167% 167% 167% +1% 90% 89% 89% — K C'A 4% 4% + % :flt 614 +1% m 131 ] 13% B% 64% o - =TSR 181 + % 1 % 104 104 124% 126 +2Y% 115 116% +1% S 17 117 9% 19% 19% — U 40 - 40% + A‘: & | 19 22, 112% 21 62 11 31 Stock and Dividend 9% Lehigh'Val Coal pt. ‘814 Lehigh Valley R R 89 Lehman Corp (13). 12 Lehn & Tinkal% 37% Lerner Stores (12) 7 Libby McNeill & L_ 47% Libby-Ow Gl(a2%) 38% Loose-Wiles (2) 21% Lorillard (P)(1. 22% Ludlum Steel (1)__ 33 MacAnd & For (2).. 29 McCall Corp (2) 12% MecCrory Stores ... 16 McGraw Hill Pub__ 93 38% Mclntyre Porcu (2) 85 McKeesp't T P (4) 8% McKesson & Rob__. 37% McKess&Rob pf(3) 11! McLellan Strs a20c. 27% Mack Truck (1).__. 40% Macy (R H) Co (2). 8% Madison Sq G t60c.. 34's Magma Copper (2) . 7% Manati Sug pf (d)_. 144 Man Bl md gtd (d). 32 Man Elev gtd (d) __. 1743 Manhat Shirt (60c). 2% Maracaibo Ol Exo_ 815 Marine Midld (40c) 18% Market St Ry pr pf. 111 Marshall Field & Co 613 Martin Pa: 2713 Mathieson Alk 1%.. 4 43% May Dept Strs (3).. 13% Maytag Co —— 12% Mead Corp. - o 975 Mead Corp pf $4% 55% Melville Shoe (5) . 6% MengelCo . 50 Mengel Co of. 40% Mesta Mach (a3%). 5% Miami Copper 17% Mid-Cont Petal.15. 21% Mid Stl Prod (a2).. 1311 110 Mid Stl 1st pf «8) . 109 88 Milw El R&L pf (6) 112'5 106% Minn-Hon R pf (6). 12% 264 9% 3% T 28% 103 b5T% 591 18% 33% N 1% 694 49% 534 95 61 17% 65 Minn Moline Pwr_. 16% Mission Corp 5'3 Mo Kans & Tex 14'; Mo Kans & Tex pf 3% Mo Pacifie pf (d) __ 19% Mohawk Carpet (1) 79 Monsanto Chem(t1) 35% Montg'y Ward 80c_. 42% Morrell J & Co 2.40_ 60!y Morris&Essex(37%) % Mother Lode 28% Motor Prod (12).... 15'4 Motor Wheel (1) ... 11% Mullins Mfg (B).__ 70 Mullins Mfg of (7). 21 Munsingwear a2 . 14 Murray Corp. =20 15 Nash Motors (1) .. 20 Nashv Chat & St L. 1215 Natl Acme (a25¢) .. 913 Nat Aviation . __ 28% Nat Biscuit (1. Ifl).. 21‘4 Nat Cash Reg (50¢) Nat Dairy P (1.20) lo1|1 Nat Dairy P pf B(7) 10 Nat Dept Stores. .. 25% Nat Distillers (2)_. 26% Nat Lead (t50¢) 5 t Lead pf A ¢ t Pwr & Lt (60¢) t Ry Mex 2d pf__ wb'ry (J J)p!(ap w Orl T&M (d) 9 Newport Industries 3215 N Y Airbrake (al).. 27% NYCentral RR . 17% N Y Chicago & St L. 363 NYChi&StLpf - % NY NH & H pf (4) 4 NYOntario & West 23 NYRyspfd) ___. 913 N Y Shipbullding . 9315 N Y Steam 1st (7) 1% Norfolk Southn (d) 304% 210 Norfolk & W (18) _ 10% 35' 59 [ 106 36% 57 4% 174 54" 25 14% 32% 20% 116' 164 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 (3). 2 Norwalk Tire&Rub 124 Ohto O1l (50e) 244 Oliver Farm Equip. 17 Omnibus Corp vte 8 Oppenheim Collins_ 24% Otis Elevator (60c) 1215 OuIS(Qll - 128 Owens. llGl llG) 13 Pac Am Fisher (1) 30% PaeificG& E (1%). 47% Pac Light (12.40) . 14% Pacific Mills _ . _ 118 PacificT& T (a5) 140 Pacific T&T pf(6) . 11% Pacific W'n Of] b25e 6% Packard Mot(a25c) 18% Panhandle P&R of 109 103 Paraffine Cor pf (4) 7% Paramount Pict. .. 59 Paramount 1st pf 8% Paramount P 2d pf. 1714 Park & Tilford. 2% Park Utah __ . 40% Parke Davis (a1%). 23 Parker Rust P13._. 4% Parmelee Transp’t.. 6% Pathe Film Corp.... 10% Patino Mines. 1% Peerless Motor..... 60 Penick & Ford (3)_. 69 Penney(JC) (a2%). 3% Penn Coal & Coke. _. 415 Penn Dixie Cement. 28% Penn DixieCpf A 17 Penna Glassctfs__. 28% Penn Rallroad (al). 56 Pere Marquette pf_. 12% Pet C'pof Amablc. 10' Pfeiffer Brew (1.20) 25% Phelps Dodge a7 45% Phila Co 6% »of (3). 1% Phila & Read C& 66 Phillip Morris (3) 68 Phillips Jns pf (7)_ 384 Phillips Petrol (1) 1% Plerce Petroleum. . 29% Pillsbury F (1.60). T4 Pitts Coal . T4 Pitts Scr&B a12%e¢. 49 PittsSteeipf .. 3 Pitts United Corp... 17% Press Stl Car new__ 1814 Press Stl C 1st pf - 57% PressStCar2dpfn 40% Proctor & Gam 113 122% 117 Proc & Gam pf (5).. 49% 39 PubSveNJ (2.40 113 103% Pub 8ve N J pf (¥’ 5% 24% 36% Pullman Ino (1%).. 16 Pure Ofl 133% 103 PureOf18% pf. .. 19 1% 9% Purity Bakeries 40e 16% Quaker Sta Ref 80c. 9% Radio Corp 681 Radio Corp pf A 3% 5 Radio-Keith-Or (4) 50% 35% Reading (2)... 1% Reis (Robt) _ 12% Reliable Stores ... 17% Rem Rand (t60¢).. 4% Reo Mator Car____. 16% Republio Steet .. 77 Reépublie Steel pt _. 8% Rép Stlprof A (6). 10 RevereCopper..__. 24% Revere Copper (A). 138 - 90 ReverseC& B pf. 34% 58% 22% Réynolds Met (1).. 26 Reynolds Sprg (1)- 50 Reynolds Tob B (3) Rate. Add 00. Hish. 4 15 © - » - Sl ounmnalvensnanal AmEwanTee P 228 Neuuannwansy Booran ®s - RS 100 20% 1111 20% 16% lfl( 19% 111 20 26% 26% 103% 103 20% 20% 43% Net Close. Chge. 16% + % 20 + % 111 -% 20! 26% + % 108% + % 20% + % 44% +1% A% + 4% 56% +1% 2% 57% +2% 4% 41 41 28 +% 38 +2 3% —-% 29% + % 33% + W » P Ed TEFFSEFSERS T .‘f)‘ AP R T T S S | * & Lo EEEL e &‘fuf heddl & foaivdis 2oedl FEFET £ ERESEFES - & oA+ FEFEE FPTE 8 | 115 . 2:16 p.m. Stock and Bales— 1’% Ritter Dental a2be. 55 32 RoanAnteCal.ll.. 117% 74% Ruberotd Co (1).... 10% 5% Rutland RRpf__ 40% 27 Safeway Stores (2) 112 108 Safeway Strs pf (6) 3 22 St Josepr L4 (80¢c). 1% St L-San Fran (d).. 2% St L-San Fr pf (4)-. 1% Schulte R 8trs (d) .. 5% Schulte RS pf (d).. 53% Scott Paper (3)_ % Seaboard Alr L (. 2 Seaboard A L pf(d). 30'% Seaboard Ofl (1)... 3% Seagrave Corp.._.. 59% Sears Rosbuck (2)_ 61% Sec Nat Inv pf $2.90 15% Servel. Inc (60¢) . 20% Sharon Steel Hoop... 89 Sharon Stl H pf (5). 4% Sharpe & Dohm. 11%4 Shattuck F G (b0¢). 14% Shell Union Oi1 . 125% 110% Shell Un Ofl pf l* 1415 8% Sliver King (60c) . 48% 19% Simmons Co (al%4) 36 19% Skelly U1l 132 112 Skelly Oi1 Dl(fl*). 72 40% Smith (A O) - ceuee 28% 21 Snider Packing. 17% 12 Socony-Vac O (60¢) 114 110 Solvay Am pf (5%) T% 3% So Am G & P(a20c). 35'% 26 South PortS (12)__ 32% 25 SouthCal Ed (1%). 4T 23'; Southern Pacific. .. 25% 12% Southern Railway.. 48!; 19 Southern Ry pf 112 101' Spang Chal pf 38%. 9% 5% Sparks- Withington 24's 15% Sperry C'p vio (al). 31% 13% Spicer Mfg - 53% 44 Spicer Mfg pf (3)_. 91% 63 Spiegel-Ma: [t} 14% Stand Bran« 94 Stand Com Tobacco. 5'a Stand Gas & El (). 915 Stand G&E 84 pf () 24% Stand G&E $6 pf(d) 26% Stand G&E 87 pf (d) 36 Stand Oof Cal (11). 32% Stand Oil of Mnd 11 51 Stand Ofl of N J (11 24% Starrett(L 8)11.40_ 65 Sterling Prod (3.80) 2% Sterling Secur (A). 8'a Sterling Secur pf .. 16'5 St Warner t50c.. 14% Stol Webster. .. 9% Studebaker Corp. 72 Sun Ofl (11)._ - 27 Superheater (80¢) .. 3 Supertor Ofl_ 9% Surerior Steel 23 Sutherind Pap {. 20% Switt &Co (1) .. 28% Swift Intl Ltd (2). 14 Symington (d) . 5% Symington A (d)__. 6% Telautograph (60c) 5% Tennesses Corp . 287 Texas Corp’n (11)_. 33 Texas Gulf Sul (2). 28 Texas& PacRR __ 7's Tex Pac C & O a25e. 9'¢ Tex Pac Land Trust 337 Thatcher (1) 8'3 Thermoid Co 314 Third Avenu 8¢ Thomp'n(JR 24% Thomp'n Prod aé0c. 26 Thompson Star pf . 14% Tide W Asso O 60c. 100% Tide Wat A O pf(6) 1214 Timken Detroit(11) 56 Timken Roll B (12) 11 Transamerica t40c. 147 Trans & Westn Air. 10% Transue &W (160¢) . Tia Tri-Cont Corp a2be. 2213 20th Cent Fox (al). 31% 20th Cent Fpf 1% . 8% TwinCity RT. ___ 65'% Twin City R T pf_. 2% Ulen&Co . . 74% Und-Ell-Fisher (3) 381 Unlon Bag&Papf(2) 101% 71% Union Carb&C 2.80. 28'3 20% Union Ofl of Cal (1) NS% 108'5 Union Pacifie (6). 90%4 Union Pacific pf (4) 20% United Alreraft.__. 13 United Air Line vte 1 Utd Air Lrts Oct29 16'; United Am Bosch__ 24% United Bisc (1.60) _. 68 United Carbon (3).. 5% United Corp 40% United Corp pf (3) 10% United Drug (a50c) 15 Utd uyewood (al% 93 United Dyew pf (7) 4 United Elec Coal .. 3244 UnitEng & F (2)_ 6613 United Fruit (3) 14% United Gas Imp 109 United G Imp pf (5) 6la United Paperboard.- 2 U S Distributing. 10 U 8 Distributing pf 102 13 U8 & For'n Secur. 2414 U 8 Freight (1) 110% 80% U S Gypsum (2)___ 169% 160 U S Gypsum pf (7) 18% 8% U S Hoffman . 572 49 U S Hoffmanpf2%. 59 314 U S Indus Alcohol.. 9% 43 US Leather vtc ___ 10% U S Leather A vte_. 21%; US Pipe & Fy(1%). 7% US Realty & Imp__ 16% U 8 Rubber. 47 U S Rubber 1st pf . 3°72% U S Smelting (210) 68% U S Sm&R pf (3%). 46% U 8 Ste. 146% 115% U S Steel Df W 144 . 131 U S Tobacco (15)_ 7% 5 United Stores (A) . 6 57% Univ Leaf Tob (13) 50 Univ Pict 1stpf___. 3% Utll Pwr& Lt (A).. 2% 1 Vadsco Sales Corp 5 30 Vadsco Sales Co pt 27% 16% Vanadium Corp ... 484 28% Van Raslte (al1%).- l!k 40 - Vick Chem (12) .. 4 Va-Car Chemical.__. !\ 28% Va-Car Chem 6% vt 11412109 Va Eil-& Pwr of (6) 9% 4 Valron Coal&Coke. 36% 14 ValronC&Copf 10% 5 WabashpfA (4 18 31% %4 o e — RN AR RS o E LTS VR P PP 2 -3 ; nEaw— 43% 26% Walker (H) (2). }: 17% Walker (H) M( ) T 14% 634 2% 10% 324 30% 1% 46% 102 110 3 > 44 Warner Bros pic pf. 1 Warner-Quin (d)... 4% Warren Bros 21 Warren Fay&P(t1) 14 Waukesha Mot (1)~ ter Eisenlobr. 83% Wesson O&S(t50¢). 87 West Pa Elec pf (6) 96 West Pa Elec of (1) 12%4 814 Western Maryland. 23% 15 Western Md 2d pf_ 4 2 Western Pacific___. 514 Western Pacific pf. 95 7213 West'n Union (a2)_ 484 34% West'gh'se A B (1). 153% 941 Westingh'se Ei (4) 160 123% West'g'se 18t pt 3% 374 21% Wheeling Steel - 18% White Motor _ 13% White Rk M S(1. 40) 3% White Sewing Mch.. 16 White Sew Mch pf.. 2% Wilcox Ofl & Gas_.. 6% Wilson & Co (50c)_. 70 Wilson & Co pf (6)- 44% Woolwortb (2.40)__ 23% Worthington Pump. 56 Worth Pump pf A 62% Wright Aero 63 Wrigley W ir (13)_. 33% Yale & Towne (60¢) 8% Yellow Truck - 42% Young Spr&W 3)- 41% Youngs'tn Sheet&T 11% Zenith Radio . e I R ., :..2.....??.:..:..-.,.. Approximate Sales of suennmn.!.smmnu.. AM._..... 370,000 1 1:00 P.M.. ..., 760,000 b Paid I . mn- FINANC 3T% 39% +1% 110 + % 110 3k 1% 4% " 8% 31% +1 +H1444++0 o+ - ?S FEFFSSE IAL INQUIET TRADING Steels Lead Wide Recovery of Fractions to Five or More Points. Stock Averages 1ndos. Rall. 0%, 8t Net change. +4 +.5 +8 . ‘Today, noon 93.3 524 Prev. day... 929 519 513 413 53.4 434 447 216 LT 239 -..146.9 153.9 184.3 157.7 1927 low ... 51.6 953 61.8 618 (Compiled by the Associated Press.) BY VICTOR EUBANK, Associated Press Financal Writer. NEW YORK, October 27.—Steels furnished the sinews for recovery in today's stock market and a wide ‘as- sortment of leaders reversed their slumping trend of yesterday and pushed up fractions to 5 or more points, The come-back lacked steam, how- ever, and a little selling now and then kept many issues within bounds. Transfers approximated 1,300,000 shares. Further pleasing business and in- ‘dunrhl news, brokers said, inspired | short covering as well as a moderate +1% | amount of investment buying. + %+ 14 hA4 . +1 e +1 1 1 U+ 44 +HE At R R +i++++4+0 44+ g FEE 4 0 l‘ +1 e + | 84% +3 38% + 8% + »lfiv #"Fr §r HEE I+ L+ 4+ - o & | LY At the same time some usually |cm' traders continued to stand aside and | watch the ticker tape, apparently with- holding sizable commitments pending outcome of the election. Others were A,Mnchned to maintain a wary policy 1, | because of the perplexing European situation. U. 8. Steel preferred jumped to & 1, | New peak since the depression and the 1, | common virtually canceled its Mon- | day’s recession. Outstanding in the forward tilt were Bethlehem, Youngstown Sheet & Tube, . | American Rolling Mill, United States s, | Pipe & Foundry, General Motors, Chrysler, - Auburn, Sears Roebuck, Mom‘mnery ‘Ward, Spiegel - May - % | Stern, Western Union, Constlidated '» | Edison, International Paper & Power 72| preferred, United States Industrial Al- ** | cohol, Schenley, Anaconda, Kennecptt, 1, | International Nickel, Standard Oil of New Jersey, Texas Corp., American Can, Westinghouse, Du Pont, Good~ % | year, Allied Chemical, Johns-Manville, | Santa Fe, New York Central, Southern * | pacific, Southern Railway preferred, 1, | Paramount Pictures, Loew’s, ‘Warner Bros., Waukesha Motors, Deisel-Wem- ‘nur Continental Baking “A,” Hol+ 1 |lander & Son, Loose-Wiles, Kel- :1 | vinator and Fajardo Sugar. NEW YORK COTTON By the Assoclated Press. NEW YORK, October 27.—Early moderate declines under foreign sell- ing in cotton today met continued trade buying, and with the technical position improved by the recent half- cent decline, rebuying or covering | later found contracts scarce. January rallied from 1151 to 11.72, and July from 11,60 to 11.78, or for | net gains of 12 to 15 points. Prices were holding within a point or so of these levels at the begining of the last hour. Putures closed December January _ b 3 % higher. Close. Berssiaan | Cottonseed Oil. | Bleachable cottonseed oil futures | closed steady October, 9.99-10.02; December, 9.95: March, 10.07b; May, | 10.10b. Sales, 75 contracts, including { 2 switches. b—Bid. New Orleans Prices. 1 had its firsi chance to reflect the e American ginnings figures this morn- | ing and lower prices there brought a fur~ | lhlr decline in cotton futures on the New | Orleans market. | pCodles came in worse than due and st the first call here December sold at 1148, | January at 1180, March st 11.56 an: May at 11.64 A _cold wave moved down from the Northwest into the central belt and frost Fas reported in North Mississippi. Al bama and Southern Tennessee. bLut reports of crop damage were heard. pecotionsesd il futures o ned steady. mber 9.43b. Janusry. 9.48b: Mareh. \llfllb May. 9.6 b—B! cHIcAsd GRAIN BY the Associated Press. CHICAGO, October 27—Late up- turns of Winnipeg wheat prices helped the Chicago market to score moderate gains today toward the last. Clashes reported between Russia and Manchukuoan forces served as & late stimulus to wheat buyers. There was also some notice taken of frost in Western Australia. - Wheat closed firm, }4-% above yes- terday’s finish; December, 1.157%-1.16; May, 1.14%,-3. higher; December, 95%,~ 3. Oats, 'i-Y4 up, varying from 2 cents decline to an equal gain. F 3 i’ & _.-__ 33 o 2z ey ¥ isha Coimie - ® ww P L % b % Clleln Cash Market. Cash wheat, No. 2 red, 1.19%;; No..3 red, 1.18%; corn, No. 2 yellow, Lake billing, 1.10a10%;; Illinois, proportion- al, 1.00%a10; No. 3 yellow, 1.10; No. 4 yellow, xm new, 97%:a09; No. 5 yel- ‘sample grade, recelvership or BEIn | 1oy g7a941;; oats, No. 1 white, No. 2 white, 43%; No. 3 white, 42843, No. 4 white, 42; no rye; soy beans, No. | NEW ORLEANS. October 27 (/. —Liver- ~ npmmunmm the similar period of 1935, equivalent, | yellow, 1.25826Y; No. 4. yellow, after payment of dividends on pre- o ferred stack series A to §180 per share LIS Yty fpod, Shakl, momm: 2,092,444 shares of cemmon 3 nm “ m“.lm ;::o:::flb:'t clover seed, m—su- for Baltimore Quetations. Alll!llt Mfllpar , October 27 (P ,‘m '%"w ik BENEFICIAL INDUSTRIAL |in 25 siates LOAN EARNINGS CLIMB m.: s Tose of 4488268 after payment of ‘dividends |on &pecial Dispéteh to The Star. 1 gl NEW 'YORK, October. 29.—Bene- [ ‘;fimm priag pry by ok e fielal Industrial Loan: Corp. and sub- mmmmm sidiary - mfinu. m operate | 30, 1936, ‘ 3 AT ) g i f in at 53%. National Capital Bank stock moved at 129%, and there were several sales mmmm&m:;::‘. Peoples Drug prefe: changed .z.tlezma camr;.gnmonum %: at 92%. { 21% 30 18% 10% 18% 36 g g H ;Es"‘%i"zf?fi‘ i gas % 5 Sen $38 H i AEEE ) H ‘aw = o ] o i Uaeyn 'hak L ¥ # 7 g