Evening Star Newspaper, November 13, 1936, Page 22

FINANCIAL. BY PEOPLES DRUG Common Stock Advances to $59.50 a Share on New York Market. BY EDWARD C. STONE. Peoples Drug Stores common stock, which is'listed on the Washingtca Stock Excharige and also on the New ‘York Exchange, has just sold at an- other new peak for 1936, $59:50 a ghare. This figure was reached in Wall Street, where most of the recent sales have taken place. ‘The stock has made outstanding progress so far ‘this year, having doubled in value. Starting with a low mark of $30 a share, the price has advanced without any particular- ly spectacular moves to its present position. Good earnings reports have helped the stock hold its gains. The latest report on Peoples Drug earnings showed an increase of 145 per cent in October over October, 1935, and an advance of 9.6 per cent in the first 10 months of 1936 over the like period last year. This re- port, out a few days ago, no doubt has called special attention to the stock. Peoples Drug Stores 6!, per cent preferred stock changed hands at $112 & share in the last sale on the Washington Exchange. The stock has remained in a fairly narrow range during the year, with a low of $110.50 # share and a high mark of $114.50. Other issues on the local board which have recently scored top prices for 1936 include Security Storage Co., Potomac Electric Power 3' per cent bonds, Riggs National Bank common stock, American Security & Trust stock, Lanston. Monotype, Washington Gas, Mergenthaler Linotype, Wash- ington Gas 5s, 1960, and Real Estate Mortgage & Guaranty preferred stock. Index Near Five-Year Level. Pederal Reserve Board governors an- nounce that the October rise in retail trade brought the board’s adjusted in- dex to one of the highest levels in five years. The advance was caused by the dollar volume increases in all districts, ranging from 34 per cent in the Dallas region to 11 per cent in Philadelphia end San Francisco. The Reserve Board's adjusted index stood at 90 for October compared with 88 for September and with 91 for July, which set the five-year high. In Oc- tober a year ago the index, which is based on the 1923-1925 average as 100, ‘was only 78. The unadjusted index moved even higher, reaching 99 in Octbber, the highest level in five years excepting only the annual Christmas peaks. The unadjusted index was 94 in September egainst 86 in October, 1935. Variety Store Sales Step Up. Daily average sales of variety stores for October were about 9 per cent higher than for October of last year and about 11 per cent above the same month of 1914, according to the De- partment of Commerce. Sales increased about 4 per cent from September to October, or less than the usual increase at this sea- son of the year. The seasonally ad- Justed index therefore receded to 100 for October, on the basis of the aver- age for 1929-31 as 100, from 10215 for September and 9715 for August. The aggregate value of sales for the first 10 months of the year was 8 per cent above that for the same period of 1935. D. C. Clearings Go Higher. The Washington Clearing House reports total clearings of 5"3 677,457.03 compared with $18913,550.55 in the same period last year, an increase of 41 per cent. Compared with a total of $21,912,263.70 in the pr clearings here increased 2 ‘The Washington Gas Light Co. filed an amendment with the Securi- ties and Exchange Commission pos! poning the proposed offering of 130,- 000 shares of outstanding value capital stock until November 30, Members of the District of Colum- bia Chapter of Chartered Life Under- writers held an informal dinner last night, extending encouragement to the 50 Washington insurance agents who are preparing for the examination of the American College of Life Under- writers. There are now 33 chartered life underwriters in the Capital, three of whom are on the faculty of the District association’s new insurance school. Hemphill, Noyes & Co. and Macku- bin, Legg & Co., are among the un- derwriters of an issue of 194,000 shares of Bath Iron Works Corp. common stock placed on th» market today at $12 per share. Heard in Financial District. Robert N. Sisson, ch: an of the Entertainment Committee of Wash- ington Chapter, American Institute of Banking, expects a large attend- ence at the Fall dance tomorrow eve- ning in the large ball room at the Willard Hotel. The program calls for dancing from 11 to 1 with music by an 1l-piece orchestra. ‘Wilmer J. Waller, vice president Bnd cashier of the Hamilton National Bank, was a guest at the dinner of group 3, Virginia Bankers’ Associa- tion, at Alexandria on Armistice day, when nearly 300 financiers gathered for an all-day session. The meeting ‘was held on a day when the Virginia banks were closed, thus permitting a record turnout. The mew series of United Savings Bonds, known as “baby bonds” will g0 on sale on January 1. The Treas- ury will offer the same terms on the new issue as have been carried by the ‘present issue, which yields 2.9 per cent if held to maturity. The change in series is necessitated by the dating of the bonds. G. M. P. Murphy & Co. and Charles D. Barney & Co. are in the list of underwriters offering an issue of 185,000 shares of Butler: Bros. 5 per cent preferred stock today. Today's Trading on Exchange. Anacostia & Potomac R. R. 55 were in demand today on the Washington Stock Exchange, five $1,000 transfers taking place at %5, unchanged. Cap- ital Transit stock appeared on the board several times at 1315. Washington Railway & Electric preferred was active at 110 and Lanston Monotype changed hands freely at 91%, Power 6 per cent preferred and the 5% per cent preferred came out me‘. ORDERS SOAR. NEW YORK, November 13 (#)— Ilnulco..mo( wood containe ers, with properties in the South, re- ported bookings for October of $1,174,~ 766, compared with $569,965 in Octo= ber, 1935, an increase of 106.1 per cent. $20 par| 40% 215 wl« 884 1% 34% 4% 36 125% 79 55% 66 140 1374 16914 54Tk 9213 697% 1131 14% 1860 1024 104 1104 Ads b4 35 115 AQ‘. 511 21% 184 115 15% 14 106% 693 2: 100 % 6% 12% 3% 2% 5% ) 12% .20 mu 66% By Private Wire Direct to The Star. 2:15 p.m. Stock and 58 Alr Reduction (11)_ 2 Air-Way Elec Appli 13 Alaska Jun (7! ) 215 Alleg Corp (d).. 12% Alleg pf wS30w ldl 12% Alleg pf wS40w (d). 1245 Alleg pf xw (d)._.. 27 Alleg pr pf ¢d) 26% Alleg Steel (al.40 157 Allted Chem (6) 23 Allled Mills (ab0c. 6% Alited Stores 69 Allied Stores pf (5) 35% Allis-Chalm (1%) .. 19% Alpba Port Cmt (1). 4 Amal Leather. . 83 Amal Leather pf 75 Amerada Corp (2) 49 Am Ag Chm Del(3). 87 Am Bank Note (1)_. 40 Am Brake Shoe 1 60 124 Am Brake S pf 5% 115% Am Can (14) . 162% Am Can pt () 30 Am Car & Foundry.. 57% Am Car & Fdry pf. 31 Am Chain(al) 87% Am Chicle (14)_ T4 Am Colortype £0% Am Comel Alcohol . 164 Am Crystal S(a50c) 89 AmCrysS Ist pf(6) 315 Am Encaustic ____. 9% Am European Sec. 612 Am & Foreign Pwr_ 25 Am & For Pw $6 pf. 20% Am & For Pw §7 pf_ 12 Am & For Pw 2d pf. 13 Am Hawallan (1)... 4% Am Hide & Leather. 31% Am Hide & L pf (3). 37 Am Home Pr (2 21y Am lce._. % Am Lnternationa 2314 Am Locomotive 6 * Am Locomotive pf_ 21 Am Mach&Fdy(t1). 10 10 Am Mch&Metaslc. 9 27 Aoty S Sil oD 7' Am Power & Light. 28 ©86% Am Pwr&Ltpf (5). 4 43 Am Pwr&Ltpt (6)- 2 18% Am Radiator(alse) 0 Am Radiator pf (7). 100s « Am Roll M«f1.20)_ 105 Am Seating _ 25 s Am Shipbldg (2) 08 56% Am Smelt&Ref (2). 32 104 Am Sm&Refpf(6). 1 13615 Am Sm&Ret pf (7). 3 57l Am Snuff (13) _ 20' Am Steel Fdry (al) 22 24% Am Stores () 3 481, Am Sugar (2) 5 20% Am Sumatra Tob t1 149% Am Tel & Teleg (9). 87 Am Tobacco (5)-_-. 8815 Am Tobacco B (6)-. 8% Am Type Founders. 19's Am Wat Wks aite 7% Am Woolen b% Am Woolen DflZa)- 3, Am Writ Paper (d)_ 4's Am Writ Pap pt (d) 313 Am Zinc & Lead .. 24 Am Zinc & L pr pf.. Anaconda Cop (1) .. Anaconda Wire 12_. 15% Anchor Cap (60¢) - 9 Andes Copper.. 3 APW Paper 37 Archer-Dan-M (2)- 105% Armour Del pt (7). 1 109% 4% Armour (lilinois) - 41 5% 66% Arm'r(ll)prpf (6). 2 474 Armstrong C (1%)_ 9 Arnold Conet (50¢). 56 81§ Artioom Corp.. 57% =24 58 —1% 58 -1 46% =~ % 374 — 5 239 -1% 100% 100% —3 % 1% — % Ally 4l - 4% 65 65 139 139 21 1067 147 833 ’)l‘n 100t 14% 24% 165 3 4’*. ) 59 Atch To& S Fea2_. 90% Atch To&S Fe pf(5) 2 1053 21% Atlantic Coast Line 87 43% 13} Atl GUIf&W Indpf. 1 52 26% Atlantic Refin (f1). 37 32 169 Atlantic Ref pf (4). 11144 48 Atlas Powder (12)- 1 9% 112 Auas Powder pf (6) 10s 126 4 AdasTack @7se). 1 174 26% Auburn Auto a2t 5% Austin Nichols 14 293, Austin Nicholspf A 40s 4% Aviation Corp (Del) 137 213 Baldwin Loco (a) 107 29!y Baldwin Loco pf(d) 2%, Baldwin Lo asd(d). 33% Baldw L pfasd(d). 14 157, Baitimore & Ohlo__. 69 22!y 21 Baitimore & Oh pf_ 9 35% 417 Bang & Aroos42%) = 2 4bla 1103 Bang & Aroos pf(7) 10s 112 21 Barber Co (a50c) 2 13% Barker Brotner: 821, Barker Bros pt 141y Barnsdall Ol (80c) 163 Bayuk Cigars (75¢) 18 Beatrice Cream (1) 100 Beatrice pf ww (5). 85 Beech-Nut P (13) - 13% Belding-Hem (1) 213 Be mi:\ Aviat(allz). 20 Bencticiai L 1T1lg). 48 Be u& Co (1232) 45% Letn Steel ___ 1614 Beth SU 5% pr(1)-. 23 Bigelow-San ({1)- 184 Black &Decker _ 145 Blaw-Knox (60¢) 18% Bloomingzdale (al). 190s 167 Boeingr Airplane 59 41 Bohn Alum&kt (3) % 39 Bon Ami (B) (2%). 190s 25% Borden Co (1.60)__. 27 64 Borg-Warner (13).. 6 Boston & Maine 1% Botany Min A (d) -~ 12} Bridgp't Brass t400 43'% Briggs Mfg (12) _. 4714 Briggs & Strat (3) .. 41 Bristol Myers (12). 40'4 Bkiyn-Man Tr (4) - 97% Bklyn-Man T pf (6) 415 BKlyp & Queens 33'y Bklyn & Qns pf($3). 441 Bklyn Un Gas (3) - 45 Brown Shoe (3) 8l Brunswick-Balke_.. 8% Bucyrus-£rie 107% Bucyrus-Erie D!('l) 208 lOXh 94 Budd (EG) MIg 8% Budd Wheel _____ 20% Bullard Co (a50c)-. 11t Bulova Watch 25 Burr Ad Mch(160¢c). 214 Bush Terminal (d). 25 81 Bush Termadeb (d). 4 14 Bush T Bldgs pf(d) 340s 2% Butte Copper&Zine 9 162 Byers (A M). 54 Byers (A M) pt 22 Byron Jackson t1_. 304 California Fz11%) % Callahan Zinc. 55 204 26's 4T 56%% 105 105% T 3T% 6 Calumet&Hec a! 20 Campbell Wy (11)_. 10% Canada Dry G A __.. 7 10% Canadian Pacitie .. 42 37 Cannon Mills (a2) .. 4 12% Cap Adm (A) ablc... 6% Carrie.s & Gen 20c.. T T 92% Case (JI)Co______ 3 159% 156% 15614 54% Caterpillar Trac t2. 3 88% 21% Celanese C (a50c) - 115 21% 19 Celotex Cotp... 81" ~ 3 54 Celotex Corp 9 + % 25% Cent Aguire (113 ) 31% — W 6% Central Foundry Co. T — % 35 Central RROtNJ_ 6% Century Rib Mills.. 3 47% Cerro de Pasco (4). 35 8l Certain-teed Prod_.. 46 57% Certain-teed pf (6) - 19 Champ Pap & § (1) 101 . Champ Paper pt(6). 22% Checker Cab Mfg._.. 59 Chesapeake Corp(3)’ 51 Ches & Ohfo (2.80)_ 27% Chi & Bast [1l pf(d) 4 ChiGrt Wopf(d)__. 25% Chi Mall Ord(t11%). 115 Chi M1l St P&P (d). - PEEEEFIFE Il+|l|+|l | - & M- W 68% —1% 164 — % 68% — % 40% —1% (. 27% Cht M St P&P pf (d) 24 Chi &ENW Q). ... 6% Chi& N W pt (d)__. 12% Chi Pneumatic Tool 40%Chi Pn Tool pf $3%. 1% Chi R 1&Pac (d). 3% Chi RI&P 6% pf 1d) 314 Chi R 1&P 1% pf(d) 19% Chi Yellow Qb (2). 13 3%~ % 9% — % 18% + % 63% . +1% 2 +% 5 5 -4 28 -1% 19 =% 10 85% Chrysler Corp(a12). 158 lm l!‘% 135% —l 15% City ice & Fuel (2)_ 35 20% 20% 20% + 89 12%.City Ice&F of (6%) 20s 89 4% City Stores__. 23% Clark Equip (1.20). 33 Clev Graph Br (2).. 48 Cluett Peabody (1) 84 Couca-Cola (2). 13 Colgate-P-P (5..)-. 100 Colgate-P-P pf (6). 393 Collins & Alk 13 a1 6 6 !6 89 12% uu 12 +% 3 32% — % 445 m 43% — % 691 68 681 +14& 5132 129 132 +2% 1T 16% 16%~ % xuu ws 10«54- b 62% 62 -% nmxomcomuhmu(n llll.llfi 115 1!5 + % Prev. igh. 39% 3T 36 283 108% 453 b1k 1361 847% 883 181% 24% 5ia 82 134 44y 15% 85 48% 109 T 20 1038 Low. 28Y% Col Fuel & Ir (new) 19% Colo & South 1st pt. 16 Colo & Squth 2d pfa, 14 Columb G & Eadlc. 90% Col G & E pfa (6).. 31 Colum Pict vie (11) 42% Colum Plcevpf 2% 94 Colum Carb vic(t4) 44 Comel Credit (14) .. 56 Comel Invst Tr (4)- 97 Comel In T pf (43%) 14% Comg'l Solv (160c) .. 24 Comw & Southern. . 59% Comw & Sou pf (3). 7 Conde Nast Pub .. 30% Congoleum N 11.60. 8 Consol Cigar 65% Consol Cigar pf (7} 274% Consol Ed N Y t2__ 102 Consol £4 NY pris) 4'4 Consol Film " 15% Consol Film pf ($2) 3% Consol Laundries.. 11'5 Consol O1l (160c) - * 3'Consol Textile (d)_ Stock and 514 ConsolR R Cuba pf. . 2 Cons Coal (Dsl)vte. 1214 Cons C (Del) pf vie 15% Container Corp (11) 10% Contl Baking (A) ... 1% Contl Baking (B} 674 Contl Baking pf (8). 674 Cont’l Can (13) . 174 Contl Dia Fibre(2). 35'; Contl Insur (11.20). « Contl Motors .. _. 2814 Cont Oil of Del(t1). 515 Contl Steel Corp(1) 4 Corn Ex BK&TT (3) 63% Corn Prod Ref (3)_. 2158 Corn Prod R pf (7). 4 Coty Inc 24 Crane Co 35 Cream of Wh(2)__ 15% Crosley Ra1 u..u) - 43% Crown C& S (2). 182 1331 9% 185 39% 46% Crwn C&S of ww 2% 7% Crown Zelleb'k vtc_ 28~ Crucible Steei 95‘, Crucible Stl pf (13). 4« CubaCo . - 9 Cuba R R p! 6'4 Cuban-Am Sugar-.. 6313 Cuban Am Sug pf_.. 355 Cudahy PKE (2%) .. 167 Curtis Publishing. 9913 Curtis Pub pf (7). 4 Curtiss Wright 10 Curtiss-W (A) a5be 59 Cushmanspf (3%) x 36'4 Cushman Sons pf _. 43' Cutler-Hammer t1_ T Davega Stores 1300. 52 Deere&Co.__ __ __. 27 Deere & Co pf(1.40) Deisel-Wem-G (11) '« Delaware & Hudson Del Lack & West._. . s Den&Rio GW pf (4) Detroit Edison (14) Det & Mackinac____ Devoe&Rey (A) (2) 4 Diamond Mtch 113 Dia Match pf 11% ... Dist Corp Seag Ltd. Dixie Vortex (1%). Dome Mines (12) .. Dominion Stores__. Douglass Atreraft . Dresser Mfg(A) a3. Dresser Mfg(B) al. Duluth S S & Atl pt. Dunhill Internatl _. Du Pont de N +3.60. 129 Du Pontdeb (6) ___. 51 Eastern Roll Mills 156 Eastman Kod (15) 2814 Eaton Mfg (2) 5% Eitington-Schi 30% Elec Auto Lite (a2) 110% Elec Auto L pf (7). 10 Elec Boat (a60c) ... 5% Elec&Mus In(b24c) 6% Elec Pw & Lt_ 2 Elec Pw & Lt $6 pf_ Elec Pw & Lt §7 pf Elec Stor Bat (12)_ Elk Horn Coal (d).. Elk Horn C pt (d) - El Paso Nat Gas Endicott-J pt (5). 15 Eng Public Service. Eng P S §5 pt (110). Equit Office Ba20c. ErieRR. Erie R R 1st p! ¢ ErleRR2dpt_____ Eureka Vac C (80¢) Kvans Products (1) Exchange Buffet. Fairbanks Co.__ 2 Fairbanks Co p Fairb'ks-Morse(f1) Fajardo Sugar (2)_ x Federal Lt & Trac_. Fed Min & Smeiter_ % Fed Min & Smelt pf. Federal Mot Tr 40c. Fed Screw Works _ 215 Fed Water Sve (A). 201 Fed'd Dept Stal.60_ 106% Fedtd D S cu pf 4%. 33 Fid Phoe F i (11.20) 247 Firestone T & R (2) Firestone pt A (6)_ First Nat Strs (23) Flintkote Co (1) .__. Florsheim(A) (t1). Follansbee Bros (d) Food Machine (1)_. Food Mach pf(4% 24% Fost Wheeler ne: 30% Fourth Nat 121.45_ 63 Frank Sim pf $5% - Freeport-Texas (1) 11815 Freeport-Tex pf(6) 47% Fuller Copr pf._._ 11'2 Gamewell Co__ 812 Gen Am Investors 42!, Gen Am Trans1%_. 10% Gen Baking (160c) . T Gen Bronze........ 5% Gen Cable . _omeeee 17 Gen Cable A 70% Gen Cable pf_caeee 5lla Gen Cigar (14) caee 343 Gen Electric (1) ... 33% Gen Foods (1.80) .. % Gen Gas & Elec (A) 14 Gen G&E 6%cv pfA 58 Gen Mills (3) . 53% Gen Motors (a4 133 4 118 Gen Motors ptf (5).. 531 64 110 120 105% 51% 128 1™% 9 133 21% 41 135 W 5% Gen Qutdoors Adv_. 18% Gen Outdoor Adv A. 38 GenPrintinka2l%. 105 Gen Print Ink p£(6) 3% Gen Pub Service 3213 Gen Ry Signal 2 Gen Realty & U!ll_- 26'% Gen Real&U pf ww.. 33% Gen Refrac (al). 3214 Gen StI Casting pf 17 © Gen Tha Eq (al1.10). 30% Gen Time Inv (1)._.. 13% Gillette Saf Raz (1) 6% Gimbel Bros..... . 84 Gimbel Bros pf (6). 39% Glidden Co (2) ___ 52% Glidden cv pf(2% ). 37 Gobel .(Adolf) : 6% Goebel Brew (120c) 13% Goodrich (B F') 74 Goodrich(BF)pf(5) 21% Goodyear T & R.__ 87 Goodyear $7 pf (4). 81 Gotham Silk Hose__ 77 Goth Silk H pf (7). 2 Graham-Paige ____ 1% Granby (2d stpd) . 31 Grand Union ctfs__ 16 Grand Un pf (31%) 24% Granite City Stl (1) 28% Grant (W T) (1.40) 32% Grt Northern pf.__. 16 Grt North'a Ore (1) 31 22 Green (H L)Co(11). 65 Greene Cananea (3) 15% Greyhound (new) _. 1% Guantanamo Sugar. 24 Guantapamo Sug pf 28% Gulf States Steel. % Guit S Sl rts Nov 25 30 Hackensack W(13%)x 6 Hall(WF)Printing. 14 Hamiiton Wateh . 109 Hamilton W pf $12. 100 - Hanna (M A) pt (5) 30% Harb-Walker (12).x 120 Harb Walker pt (6) 12 -Hat Corp of Am (A) 4% Hayes Body_ __.__. 102 - Hazel Atlas Gl (15). 12% Hecker Prod {60c) = 251 Herculeés unhr (1). Su ot (T) m Holland Furn (i Grt West Sug ¢2.40) * FEFE FEEIS & s 11114+ +10101+4+10 50 34 60s 12 AP NHRA LD DA .8 =8 Fans —a 33 = a - 11% 28 258 708.120 120 120 50s 103 103 103 -1 5 51% 651 ° 51u% + % 30s 1274 1274 127% g 11“ 1:% 16% — % W 6% - % 2 104% 103% 103% — 3 ‘14 -13% 13% 13% — * 21 39% 38 38% + Ml; 129% I”K uan *l’b + % 0‘6 40‘6 —~1% 61 'm wt’; Holland mmn no- 112 111% 112 - % 33% 37% 115 44% 38 Hollander (t60¢! “19% Holly Sugar nn._ 108 Holly-Sugar )- '39% Houd-] W(A)H& 22% Houd-Her (B) t1%. House Fin A (13)__. 814 31% = % 36% 364 364 20s 112% 112 112 1 42% 42 FRIDAY, NOVEMBER 13, 1936, THE EVENING STAR, WASHINGTON, D. 2:15 p.m. Prev. 1026 Stock and Low. Dividend Rate. 1 Hupp Motors. 18% Illinots eurnl 58 Il Cent! ) 30 Illinois Cent pt (A). ‘'15% 4% Indlan RefirAng.... 41% 25% Indus Rayon (1.68). 147 106 Ingersoll-Rand(12) 122 88% Inland Steel (3)__.. 16% 6% Inspiration Copper. 7% 5 InsSh Mdectsa20c. 18% 11% Inter Rap T vtc (d). 15% 9% Interlake iron_ 5% 27 Int Agricultural___ 41 225 Int Agricul prpf... 185% 160 int Bus Mach (16).. 101 56% Int Harvester 2% . 160 1484 Int Harvester pf(7) K 2% Int Hydro Elec (A). 415 Int Mercantile Mar. 65~. 43% Int Nickel (a1.30) __ 15 3% Int Paper & Pw (A) 67 . 2% Int Paper & Pw (B) 3% 1% Int Paper & Pw (C) 70% 20'% Int Paper \: Pw pf__ 44 37 Int Print Ink (2).. 11% 3% Int Ry Cent Amer__ 10% 3 Int Ry Cent Am vig 19% Int Rwy Cent A pt... 23 IntSalt (1%)ecaea. 15 IntSHIVer.. ceeeoo. 50 Int Stver pf .. 11% Int Tel & Tel 10% Interstate D Sa50c. 82 Int Dept Strs pf(7). 24% Island Creek (2) 136 151" Island Creek of ). 90% 5814 Jewel Tea (14) . __ 141 88 Jonns-Manvilie 12 . 128 75% Jon& L 1% of $11%. 3915 Kalamazoo S (11) 13 KansCity Southern 19% Kans C S pf (al) 17 Kaufman Dep 8 (1) 2414 Kayser J&Co(al%) 20 Kelsey-Hayes (A).. 18 Kelsey-Hayes (B).. 14% Keivinator (150¢) .. 287 Kennecott C (1.20 17% Keystone S&W 1 37 Kinney (G R) Co-.. 3% 29% 3% 54 Bales— 4Add 00. High. 2% SrnScan o e 30 Kinney (G R) pf... 2408 4% Kresge Dept Strs.__ 747 Kresge Dept Strs pt 20'; Kreaze (SS) (11)_. 35% Kress(SH&Co(t1) . 194 Kroger G&B(11.60) 20 Laclede Gas (St L) 32 Laclede Gas St L pt. 15% Lambert Co (2) - Tix Lane Bryant __ 12 Lee Rub&Tire 1515 Lehigh Port Cmt 11. 943 Lehigh Por C pf (4) 2 Lehigh Valley Coal. 9% Lehigh Val Coal pf. 815 Lehigh Valley R R £9 Lenhman Corp (13).. 12 Lehn & Tinkall% . 37'3 Lerner Stores (12). 7 Libby McNetll & L 47% Libby-Ow Gl(a3%) 25 Life er (1.60) 97% Ligg&Myers B (14) x 19 Lily Tullp Cup(1%) 257 Lima Locomotive_ . 36 Link Belt (11.20)__ x 3214 Liquid Carb(1.60) .. 43 Loew’s Ino (12) ... 2 Loft Inc 3514 Lone Star Cmt (2)_. 3% Long Bell Lum (A). 21'a Lorillard (P)(1.20). 13 LaOfl Refpf (d)._. 20 Loulsv G&EpPfA 1% 5715 Lou & Nash (a$%)- Ludlum Steel (1) __ MacAnad & For (2)_. MacAnd & F pf (6)- McCall Corp (2) . 4 McCrary Stores __. McGraw Elec (12) . Mc/ntyre Porcu (2) McKeesp't T P (14) McKesson & Rob .. McKess&Rob pf(3) McLellan Strs a20c Mack Truck (1) Macy (R H) Co (2). Madison Sq G 160c_. Magma Copper (2)- Manatt Sug pf (d) .. Man El md gtd (d)- Manhat Shirt (1) .. Maracaibo Ol Exa. Marine Midld (40¢c) Market St Ry Market St Ry pr pf. Martin Parry thieson Alk 1% 44 208 55 2 108 P 44+ 44+ sxfrrsssFes 1441 5 TErIerT 208 Dept Strs (3)-x 24 ag Co tag pf ww (3) % Mead Corp - Melville Shoe (5)_— Mengel Co. .. Mengel Co pf. Mesta Mach (a3%). Miami Copper . Mid-Cont Pet al1.15. Mid St1 Prod (. Mid Stl 1st pf (8) Milw El R&L pf (6) Minn-Hon Ros 11% Minn-Hon R pf (6). Minn Moline Pwr _ Minn Moline Pwr pf M St P&S S Marie__ MStP&SSMisin. Mission Corp .. Mo Kans & Texas . Mo Kan & Tex pf A. Missouri Pacific(d) Mo Pacific pf (d)._. Mohawk Carpet (1) Monsanto Chem(t1) Montg’y Ward 80c . 42 Morrell J & Co 2.40. 4 Morris&Essex(3%) Mother Lode Motor Prod (t2) _. Motor Wheel (1.80). Mullins Mf(B)as0e. Mullins Mfg pf (7). Mnnsm wear a2 %_ l’il’q 110 109 88 112 65 126 1064 12“1. 6l 574 * 2% 2% lT E) (Q!)._ Nash Motors (1) 20% Nashv Chat & St L. 12% Natl Acme (ab0c) - 15% 93 Nat Aviation _____. 38% 28% Nat Biscuit (1.60).. 164 153 Nat Biscuit pf (7). 31% 21% Nat Cash Reg (50¢) 2814 21 Nat Dairy P (1.20) . 112% 107% Nat Dairy P pf A(7) 112 107% Nat Dairy P pf B(7) 22% 10 Nat Dept Stores.... 25% Nat Distillers (2) . 28 NatEn & Stpg (2)-. 26% Nat Lead (150¢) .- 9% Nat Pwr & Lt (60¢). 7 Nat Ry Mex 1st pf_. 14 Nat Ry Mex 2d pf_. 57% Nat Steel (1% )-—en 197 Nat Supply Co-. .- 744 Nat Supply Co pf——.. 7% Nat Tea (60¢) . —eeu. 18% 9 leport Industries 82% N Y Airbrake a2l3 . 2T% NYCentral RR_ - 1™ N Y Chicago & St L. 36% NYChi&StLopf__ Y Dock. £ 552 Swnagwm FF 22222 o Shipbldg pf(7). 83 ' Steam pf (6) .. 93% N Y Steam 1st (7)_. am»s 210 Norfolk & W (18) _ 6% North Am Aviation. 23% North Am Co (1) 52% North Am Co pf (3) 237% Northern Pacific___ 2 Norwalk Tire&Rub. 12% Ohio Ol (a60c) . __ \24% Qliver Farm Equip. 17 Omnibus Corp vte... 8 Oppenheim Collins_ Otis Elevator (80c) 24% llfi 123 Otis Elev pf (6) ... 20% 12% Otis Steer 164 128 Owens-Ill GI (a6) 13 Pac Am Fisher(1). 34 Pacific Fin (1.80) __. 30% Pacific G & B (134). 47% Pac Light (13.40) .. 14% Pacific Mills_______ l“ 118 Paclfic T& T (a).. o280 18% 13% 20% 4% 4% 11% Pacific W'n Of1 6% Packard Mot(a4bc). 12% Pan American Petr. 18% Panhandle P&R pf.. 1% Panhandle Pro & R. 12% 12% 12% + % 30s 83 83 83 +1 108 10215 1021 102% — % 708105 104 105 +1 2 307 307 307 8% 8 30% 554 2% 4% 14% e 21% 1% 2 38% 3T% 129 129 l 16% 16% 164 + % ‘ 152% 162 162% + % 18 18 -% 00- 308 308 14 8 10 49% 31% 33% +1% ao- 1“ 143 143 +1 4 18% 17% 17% — 41 12% 12k 12% - % 1 12% 12% 12% — % 208 54 54 B4 -3% 1 26 24 24 20%4 19% 19% + % 145% 139 142 4+2% -8 18% 1% 18 + % 122'& 49% 113 144% 65% 24% 118 133% 20 347 117 60% 35 65 117% 475 114 41 3% 6% 144 487 6% 374 4 47 25 FINANCIAL. 2:15 p.m. Stock and 23 Parker Rust P t1%. 4% Parm Transp't.. 6% Pathe Film Corp.... 10% Patino Mines ... 1% Peerless Motor.. ... 60 Penick & Ford (3)_. 69 Penney(JC) (a2%). 415 Penn Dixie Cement. 28% Penn Dixie Cpf A 17 Penna Glass ctfs 281 Penn Rallroad (al). 30 Peoples Drug (t1).. 38 Peoples Gar Chi 641 Pere Marq pr pf 12% Pet C'p of Am ab0c.. 10% Pfeiffer Brew (1.20) 25% Phelps Dodge a1% - 45% Phila Co 6% pf (3). 8t Phila Rap Tr pt (d) 1% Phila& Read C& 1. 66 Phillip Morris (3).. 7% Phillips Jones Bales— Dividend Rate. Add 00. High. Low. m‘hchn“ 18 4% 4% 4 45% 45 3 30 30 3 6% 6% 35 9% 8% 10 15% 15 4 2% 2% 3 64 63 11 103% 102 13 8 T% 69% 67 120 20 71 43% 43 l 581y 58% 59 A9Y 2 102% 1021. 15% 384 Phillips Pet (a2%).x 84 5% Phoenix Hostery 13 Plerce Petroleum. .. 29% Pllisbury Fl (LW)- T4 Pitts Coal T4 Pitts Scr&Bal2l 49 PittsSteeipt _____ 2% Pitts United Corp.. 21 Pitts& W Va_ 11% Plymouth O1l (1) 20 Pond Creek Poc (2). 12 Poor &Co (B)__ 4% Porto R Am Tob 1% Porto R Am Tob B_. 1744 Pressed Steel Car_.. 17% Press Stl C 1st pf - 573 Press St Car 2d pfn 40% Proctor & Gam t1% 117 Proc & Gam pf (5) .. 39 PubSveNJ (2.40)_ 103 Pub Sve NJ pf (5). 128 PubSve NJ pf (7). 36% Pullman Ine um.. 16 PureOfl ._____. 91% Pure O11 6% pf__. 103 Pure O118% pf.. 1180. 9% Purity Bakeries 40cx 26 164 Quaker Sta Ref 80c. 9% Radto Corp.__ 68' Radio Corp pf A 3% 5 Radio-Kelth-Or (d) 11 R R Sec (1l Cent___. 28% Raybestos-M (1% ). 353 Reading (2).__ 9% Real Silk Hoslery.. 65 Real Silk Hos pf._... 12% Reis (Robt) 1st pf. 12%4 Reliable Strsas0c 17% Kem Rand (160c). 4% Reo Motor Car. Republic Ste = ’IISK Rep Stl pr pf A (l). 0 90 RevereC& B pt. 3 o4 9 216 208 17 208 22'% Reynolds Met (1)_ x 8§ Reynolds Sprg (1) 105 Reynolds M pt(5%) 50 Reynolds Tob B (3) 19% Ritter Dental a25c.. 32 Roan AnteCal.lZ 74% Ruberoid Co (1) 27 Safeway Stores(i2) 108 Sateway Strs pf (6) 22 St Josepr L4 (80¢). 1% St L-San Fran (d)_ 2% St L-San Fr pt (a)_ 7% St L Southw’n (d).. 11 Savage Arms.___ 37% Schenley Distill 97' Schenley D pt (534) 1% Schulte R Strs (d) . 7% Schul 53!s Scott s Seaboard Alr L (d). 2 Seaboard A L pf(d). 30! Seaboard O1l (1). 3)5 Seagrave Corp . 59% Sears Roebuck ( 15% Servel Ine (160c) _. 20% Sharon Steel (11.20) 89 Sharon St H pt (5). 4% Sharpe & Dohme 43'a Sharp & Dpf (3%). 11’y Shattuck F G (60¢). 30% Sheaffer Pen (2) 14% Shell Union Oil. 12:lq 110% Shell Un Ol pf 5“ 83 Silver King (60c) . 19% Simmons Co (al1%) 3% Simms Petrol. . 1915 Skelly Ot1 112 112 Skelly O11 D!(X'l‘/:) 43% 18% 129 13% 9% 24% 5615 64 ATH 45% 30% T0% 405 8% 24 21% lS’m 124 4015 6% 26% 3T 54 Sloss-Shefhield Sti 657 Sloss-Sh Stpfask 40% Smith (A O) __ 21 Snider Packing 1215 Socony Vac Oil aT0c 3% So Am G & P(aioc). 26 South Port S (12)__ 25 South Cal £d (134). 2315 Southern Pacific. 123 Southern Railwa: 19 Southern Ry pt 6% Spalding (A G)____ 63% Spalding (AG)1st pt 5% Sparks- Withington. 6% Spear & Co (a50c) - 29% Spencer Kell (1.60). 15% Sperry C'p vte (al). 13% Spicer Mfg (al) . 44 Spicer Mfg pt (3)_ 99 Spiegel-M-S pf 615_ 21% Square D(B)a62ie¢ 14% Stand Brands 80c . 120% Stand Brands p£(7) 913 Stand Com Tobacco 5% Stand Gas & El (4) 915 Stand G&E $4 pf (d) 24% Stand G&E $6 pf(d) 26% Stand G&E $7 pf (4" 13 1 30 3 2 52 608 13 1 3 60s 108 4 64 1 6 13 2 2 23 15 44 1 41 408 208 2 3 47 15 3 12 82 36 GI 201 12 3 4 32 3 5108 26 3 38 108 6 8 10 2 9 35 StandOofCal (11) x 35 32% Stand Otlof Mnd t1.x 38 25 Stand Oil of Kans__ 1 51% Stand Oflof NJ (t1x 53 24% Starrett (LS) 1.140 65 16% Stew-Warner t50c.. 14% Stone & Webster. 118 Sun Oil pf (6)_ 27 Superheater a82ic. 3 Superior O1l 9% Superior Steel 23 Sutherind Pap t1. 6% Sweets Co of Am 20% Swift & Co (1) . 28% Swift Intl Ltd (2) 15 Symgton-Gould ww. 6% Telautograph (60c). 33 Texa Gultsnl(!). 28 Texas& Pac RR 9% Tex Pac Land Trust 33% Thatcher (1) ... 59 Thatcher pf (3.60)-. 8% The Fair____ 85 The Fair pf (1)_._. 8% Thermold CO-cauen. 3% Third Aven 24% Thomp'n Prod 47% Thompson Starrett. 100% Tide Wat A O D!“) 12% Timken Detroit(t1) 56 Timken Roll B (12) 11 Transamerica t40c. 14% Trans & Westn Air. 10% Transue &W (t60e).. 7% Tri-Cont Corp a25c.. 93 Tri-Contl Cpf (6) _ 4% Truax-Tra C(a25c). 7% Truscon Steel o 2214 20th Cent Fox (a2)_ 31% 20th Cent F pf 1% 8% TwinCity RT.. ... 65% Twin City R T pf.. 27 Ulen & Co_ T4% UM~lll-thfl' (l)‘ 38% Union Bag&Pap (2) 71% Unfon Carb&C 2.80_ 20% Union O1l of Cal (1) lt“ 108% Union Paeific (6)._. 00 90% Union Pacific pf (4) 3 Sterling Prod 13.80 x 51 114 3 22% Union Tank C 1.20. x 20% United Afreraft.__. 13 United Air Line vte. 16% United Am Bosch.. 102 24% United Biso (1.60). x l 68 United Carbon (3)... 22% Unlt-c;rr Fast (2)- 5% United 40% United c.rp oL (3). 10% United Drug (a60c) % 15 Utd uyewood (1% 93 United Dyew f (1) 4 United Elec Coal.. 32% UnitEsg & ¥ (2) . §61s United Fruit &) ted Gas Imp (1) 19% 14% Unt! 113% 100 United G Imp pf (5) 13 ‘board.. 6% United Paper] 2 U S Distributing.._. 30 6% — % 2% - % 63 NEWHCHREAEDTRANSACTIONS ON THE NEW YORK STOCK EXCHANGE[ST0CKS £0 DOWN - 2:15 p.m. Bales— Net Dividend Rate. Add 00. High, Low, Close. Chge. | High. =% -% INLATE SELLING Many Recent Leaders Off Fractions to Two or More at Close. - 55 -% » Stock Averages Indust. RAfs. uul st 2 +2 Unc 405 1.9 403 19 435 1.4 273 55.2 435 128 30.2 55.7 763 312 56.1 495 185 216 3438 175 8.7 239 169 146.9 153.9 184.3 157.7 516 953 618 618 Net change. —. Today, noon 98.2 Prev. day_.. 984 Month .ago. 95.0 Year ago... 75.4 1936 high... 99.3 734 5! 4 512 52.6 43.0 537 434 447 1929 high. 1927 low..__ (Compiled by the Associated Press.) BY VICTOR EUBANK, Associatea Press Financia: Writer. NEW YORK, Noveember 13.—A Jate | selling burst gave the stock market a o “black Friday” aspect today and nu- merous recent leaders suffered further losses of fractions to 2 or more points, The ticker tape was late for a whils in the morning and again in the final downward push. A few specialties managed to weather the storm, al- though these were none too buoyant F 13| at the close. Transfers were around — 4| 2,500,000 shares. A little stimulation was derived hers and there from extra dividends and bright earnings statements. Merchandising and low - priced amusements were in the best demand, 5 | The steels picked up early, but could 15 | not hold. Mines, motors, utilities and several of the rails were in the skidding division. The admission of the President that a study was being made of the pose sible need of legislation to control foreign buying of American securities, | which lately have reached large pro- * | portions, helped to sober proponents 7 | of the advance. »| Shares up fractions to a point or more during the greater part of the session—although the majority yielded in the final hour—were Woolworth, | Gimbel, Lerner Stores, Allied Stores, National Department Stores, Safeway | Stores, Boeing, Transcontinental & Western Air, United States industrial Alcohol, Distillers’ Corp. - Seagrams, Cluett Peabody, Libby McNeill & Libby, Warner Bros, Paramount, American Locomotive and Baldwin preferred. Losers included General Motors, | Chrysler, White Motors, Anaconda, Kennecott, Cerro De Pasco, American Smelting, Standard Oil of New Jersey, Allied Chemical, Goodrich, General Electric, American Radiator, Western Union, Consolidated Edison. North American, Standard Oil of California, | Celanese, New York Central, Union Pacific and International Harvester. Celanese was in supply following & strike of some 9,000 workers at the v's main plant. NEW YORK COTTON BS the Associated Press. NEW YORK, November 13.—Ral- | lies of 5 to 11 points developed in cot- ton today and pressure let up. Trade buying continued active and the 12 | steadier tone influenced covering or ‘c | rebuying by recent sellers. ‘l The technical position was believed to have been improved by the recent liquidation. March sold up from 1 |1153 to 11.61 and at the beginning 4 | of the last hour was 11.58 with prices s | generally 3 to 11 points higher exe : :: cept October, net unchanged. 3| I|Il|+l4§l|||| Cottonseed Oil. Bleachable cottonseed oil | closed steady; December, 9.87a9.88; | January, 9.98b: March. 10.07; May, 10.11b. Sales, 58 contracts, including 2 switches. b—Bid. futures New Orleans Prices. NEW ORLEANS. November 13 (M.—A firm opening on the cotion market today held prices within a point or so of the previous ciose o entered the market as | buyer in good volume and readily nh sorbed selling from the long side and hedge offerings cember opened net i nged &t 11.60, January was & point lower at 11 41, | while March at 11.50 ar‘d May IL 1147 showed little net change Foreijgn markets were good. Liverpool | cominz in better than due. but domestic exchanges did not d enough impetus to bring a price advance Cottonseed oil futures opened January, 9.43b, steady, Maren, ‘ Liverpoel Quotations. LIVERPOOL. November 25.000 bales, ‘including 15. spot. moderate business d pi points lower. Quotations in perice ical t good middling : strict midaling, §.0:: 6.71; strict low middling. 6.4: diing. 6.03: strict good ordinary. 5 | £00d ordinary. 5.43. Putures closed steady. December. 6.49: Janu: 47: March, 15 [ 6.44: May. 6.40: July. 6.35; October, 6.10, —Cotton, American; An\r' ditne., s SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co) Am. Tel. & Tel. 5'2s 1043__ 112 i Atlantic’ Refining 5s 103, fornia Packing 5s aro.. Clinfd. & O. 5. Ches." & Ohio Ry Chi. Gas Lt. & Col Cumberland T. & T. Delaware Hudson 5 b, Service 5'as 19 Gr. Rapids & Ind 4125 1941 Hmlmon Ol Stas 1040 3 a3 2 100% 100 10414 104 Lenigh vaifey Goai hs Long Island Gen. 4s Louisville & Nash bs Michigan Central 4s 1940 1 Penn-Dixie Ctmenl fa 1041 av Perna. R. R 4s 1943 Rio Gr Nwesiern 43 103 South. Bell T, & T 94 Western N Y. & Py Western Union Tel NEW YORK PRODUCE. oNEW YORK. November 13 uh.—Esgs, 8 strong =~ Mixed colors, special ds, 3Rizadl. dirties, No. refrigera- ecks. undrrlrndu unquoted: 2 2 17 1 22% 22 22 10s 102 102 102 . 6% 9244 ~1% | other mixed oslars unchanged. Butter, » rst tralized mn score), changed. Cllttu Towl. 5% 5% — % Live poult chickens. colored, colored. Creamery, higher Jha: extrs (92 score’, -!2. flhu’ prices un~ and Imchlnled. lrel‘l’\fll. 25.405; nrm try 3 49% 49% 49% — “ other freieht prices unchanged. 7 83 82% B82% — 8 4% 14% 14% — ’A 1111% 111% 111% = B FEDERAL LAND BANKS l 1:% 1% 11% + % mvonx Nomnber 13 (M. —Pedera) lmno 4 18% 18% 184 30% 6 112%4 111% 112 26 19% 8 3 + 14|Land Bank bo 18% 19% +1% ! -1% | 4148 Aoy = 9 V.. 30 - 30 uloon quotations.) 1956-46_