Evening Star Newspaper, November 24, 1936, Page 18

THE EVENING STAR, WASHINGTON, D. C, TUESDAY, NOVEMBER 24, 1836. FINANCIAL. - : UFYCHASECBITRANSACTIONS ON THE NEW YORK STOCK EXCHANGE : FINANCIAL, 2:18 p.m. 4Add 00. High. I’"-u” "2:18 gy 2:18 p.m. .‘“033""?' 503 9% "T "fix '5'0" mmpucr::‘?n.. Prev nm m.‘ P!".I.lal I= te. Net Dividend 0 mt Silver pr Prev 1936 Sales— mvmumu. A“M-M Low. Close. Ghge. Low. AlSALd STOCKS EDGEUP 1 BOND DATA FILED Underwriters of $350,000 Refunding Program. BY EDWARD C. STONE. Folger, Nolan & Co, investment firm i the American Security Build- ing, is underwriting an issue of $350,- 000 4Y; per cent Chevy Chase Club first mortgage bonds, due January 1, 1957. The registration statement cov- ering the proposed new issue has just been filed with the Securities and Exchange Commission. The proceeds from the sale of the new bonds will be used to retire a total of $341,000 outstanding 5% per cent 50-year first mortgage Chevy Chase Club bonds, called for redemp- tion on January 1, at 102 and accrued interest. The purpose of the new issue is in line with refunding operations being carried on all over the country, in which high-yield bonds are called in and new bonds put out at a lower rate of interest. The registration statement furnishes the Securities and Exchange Commission with complete information regarding the Chevy Chase Club property and includes many other pertinent facts. The present 5!2 per cent Chevy| Chase Club bonds have been listed on the Washington Stock Exchange ! for several years. They have sold this year at 1063;. Latest quotations show a bid of 102, same as the redemption price. The new bonds are expected to come on the market in about a month, pos- sibly a little sooner, it was stated in the financial district today. They will be listed later on the Washington Ex- change. Lanston Earnings Mount. J. Thilman Hendrick of Washing- ton, chairman of the board of direc- tors of the Lanston Monotype Corp., speaking informally of the big mono- type concern’s business during the past year, stated today that business | has shown improvement in every month so far in 1936 over the corre- | sponding months in 1935. There is | every indication that this monthly | improvement will continue during the | remainder of the company’s fiscal year which ends in February, he added. The business improvement has va- ried in different months, but in some instances has been substantial. Lans- | ton is keeping right up with the times | in all new developments, just as the | corporation has done for many years. | The stock is listed on the Washington | Exchange and has sold above 91 dur- ing the present year. It started out | in 1936 at 80. The stock sold the other day at 90. Chairman Hendrick is a former Dis- trict commissioner, had enjoyed very broad business experience and is at present a partner in the brokerage | firm of W. B. Hibbs & Co. He has| reason to feel proud of the dividend | record made by Lanston during the depression and the return to good | times. Gives Up Executive Work. Frederick W. Doolittle, vice pm- dent of the North American Co. and | an officer and director in a number of its subsidiaries, has announced his retirement from executive work on December 1, although he will remain a director in the North American Co. He is a director in the Potomac Elec- tric Power Co., the Washington Rail- way & Electric Co. and the Capital Transit Co. and has been well known here for many years. Mr. Doolittle was formerly a mem- |~ ber of the engineering faculties of the Universities of Illinois, Colorado and Wisconsin. He assisted in the de- velopment of the technical work of the Public Utilities Commission of Wisconsin shortly after its organi- ration and of the first public utility commission in Illinois. From 1914 to 1916 he was the director of the Bureau of Fare Research of the American Electric Railway Association and from 1916 to 1923 was consulting engineer for Wisconsin subsidiaries of the North American Co. and for other electric utilities and railroads. Since 1823 he has been vice presi- dent and a director of the North American@Co. and an officer and director of subsidiary and affiliated eompanies. Mr. Doolittle is a member of the American Society of Civil Engi- neers and of other engineering and scientific societies and author of a text book, “Cost of Urban Transpor- tation Service,” and of numerous technical articles. Credit Man Views Outlook. Here are some of the comments gade by Henry H. Heimann, execu- tive manager of the National Associa- tion of Credit Men, in his monthly review: “There will be no monetary infla- tion during the next four years. Gov- ernment income in two years’ time should approach Government outgo. “The next two months may see the larnest distribution of dividend checks in the history of the country. “The Securities and Exchange Com- mission is here to stay, for the protec- tion of minority stockholders, smaller businesses and the public against speculative activities. Of great interest to the Washington Association was his forecast ,of the best holiday trade since 1929, as re- ported in yesterday’s Star. 9% Adams Exp (a20¢). 17% Adams Millis(a13) 22% Address’grapb( 1) 1% Advance Rumley... 58 Alr Reduction (11). 2 Air-Way Elec Appli 13 Alaska Jun (160s). 2% Alleg Corp (d)... .. 60 54% 27 Alleg prof (d). % 267 Alleg Steel (al1.40)-. 245 157 Allled Chem (6) 34 23 Allled Mills (IIOI). 20% 6% Allled Stores 89 69 Allied Stores pf (5) 35% Allis-Chalm (11%). Amerada Corp (2).. Am Ag Chm Del(3). Am Bank Note (1) Am Brake Shoe 1.60 Am Brake S pf 6% - 137% 115% Am Can (t4) _ 169% 162% Am Can pf (7) 647 30 Am Car & Foun! 92 57% Am Car & Fdry of 69" 31 Am Chain(al) 112 111 Am Chaincv pf (5 113% 87% Am Chicle (14).. 7% Am Colortype 20% Am Comel Alcoh 16% Am Crystal §(ab0c) 89 Am Crys 8 1st pf(6) 3% Am Encaustic .. 61 Am & Foreign Pwr. 25 Am & For Pw 36 pf. 29% Am & For Pw §7 pf. 13 Am Hawalfan (1) .. 4% Am Hide & Leather. 37 Am Home Pr (2.40). 2% Am lce - 9% Am International.. 23% Am Locomotive. ... Am Locomotive pf_. Am Mach&Fdy(11). Am Mch&Met a40c. Am Metal 7% Am Power & Light. 86% Am Pwr&Lt pf (5). 43 Am Pwr&Lt pf (6). 18% Am Radiator(160¢). 16512157 Am Radiator pf (1) 37 23% Am Roll M (11.20). 39% 36 Am Saf Raz (a50c)- 28% 18 Am Seating(a2 103 56% Am Smé&Ref (a4.05). lOBlu 104 Am SmgRef pt (6). 52% 136!, Am Sm&Ref pf (7). 13', 5712 Am Snuff (13) 54 201; Am Steel Fdry (al) 14513107% Am Steel 36 248 Am Stores (2)..... 63% 484 Am Sugar (2) - 145 129 Am Sugarpf (7)... 26% 20% Am Sumatra Tob t1 189%5 1493 Am Tel & Teleg (9) 102ty 87 Am Tobaceo (5).__. 104 8813 Am Tobacco B (5)_ 150 136 Am Tobacco pt (6). 1713 8% Am Type Founders 27% 191a Am Wat Wksadlc_. 113 7% Am Woolen 70% 52% Am Woolen pf (34)- % Am Writ Paper (d) 414 Am Writ Pap pf (d) 313 Am Zinc & Lead .. 24 Am Zinc & L prpf_. 28 Anaconda Cop (11)- 36 Anaconda Wire 12_. 15 Anchor Cap «80c) 97 Anchor Cap pf(63%) 9 Andes Copper ... 3 AP W Paper 37 Archer-Dan-M (12). 110% 105% Armour Del pf (7). 7% 4% Armour (1llinois) - 84 664 Arm'r(1ll)pr pf (6). 626 474 Armstrong C (1%). 18% Tia Arnold Conet (50e)_ 22 Sia Artloom Corp 277 12% Asso Drv Goods 36 Assoc Oil (a60c)-_—. 59 Atch lo& S Feal 90% atch T0&S Fe pf(5) 21% Atl CoastLine(al)_. 11 AU Guit& W tnd 26% Atlantic Refin (11). 109 _Atlantic Ret of (4)_ 1as Powder (¥2) 112 ¥.\Aun Powder pf(3). 26% Auburn Auto % 104 5% Austin Nichols % 4% Aviation Corp (Del) 674 2la Baldwin Loco () 843 29 Baldwin Loco pf(@) 5% 2% Baldwin Loasd(d). 84 33% Baldw L pfasd(d). 26», 157 Baltimore & Ohio . 41% 21 Baltimore & Oh pf 10 5l 881, 107 45" 314 35 115 s B4 129 b4% 118 1104 Bang&A pf(7)ex rtsx 60s Barber Co (aé0c).. x 15 21 1314 Barker Brothers._. 82% Barker Bros pt 144 Barnsdall Of) (80e) 16% Bayuk Cigars t75¢_. 18 Beatrice Cream (1) 100 Beatrice of ww (5). 13% Reiding Hem «1) 21% Bendix Aviat(alls) 20 Beneliciai L T1%) 48 Best& Co (2%).- 45% Beth Steel » 16} Beth St 6% pf(1 23 Bigelow-San (t1) 18! Black &Decker _. 144 Blaw-Knox (a80c) . 181 Bloomingdale (al). 167 Boeing* Airpians 41 Bohn Alum&Br (3) 80% Bon Ami (A) (a5 39 Bon Ami (B) (a3) - 25% Borden Co (1.60) . 64 Borg-Warner (13).. 6 Boston & Maine _._ 14 Botany Min A (d) 124 Bridgp't Brass 1400 43% Briges Mfg (12) 40% Bklyn-Man Tr (4)- 97% Bklyn-Man T pf (6) 41 Bklyn & Queens 33'% Bklyn & Qns pf(33). 441 Bkiyn Un Gas (3). 814 Brunswick-Balki 8% Bucyrus-Erle 914 Budd (E G) Mfz 8% Budd Wheel (a20c)- 20% Bullard Co (al%)-- 11% Bulova Watch . 25 Burr Ad Mch(160e) 21 Bush Terminal (d). 814 Bush Term deb (d) 144 Bush T Bldgs pf(d) 2% Butte LADD!I’.ZIIIG 16% Byers (A M) .. 54% Byers (A M) pt. 22 Byron Jacksontl.. s 30% California Pkg(1%) % Callahan Zine 6 Calumet & Heca75c 30 Campbell Wy (1) 10% Canada Dry G & 10% Canadian Pacifio... 37 Cannn Mills 12% Cap 9214 Case (J 1) Co (4)___ 54% Caterpillar Trac 13. 21% Celanese C (a50c) 1l 14% + % l 60 10 -3 = CYS- LT TP 4 -3 W on 65% 66% +1% 12 112 112 + % 106 1054 106% + % 14% 14% 32% 2T% 99 5% 6% 4% 33% +1 2% + % 29 - s Soanampm~ [oyey - BTSSR SR 1 13 52! pf (7). 1008 136 T &5 USRS U i i 208 el R FFERFEEFFS FIE [ 3 38 7 2328 gE +.|_.t+ FFE & 3 508 16 |+ sty e LG FFEIFSEEFS ++ 4+ @ 1 - ff%‘##fn@5“‘5?"5}‘4‘!:###!’#*!?*‘85 F OEF F¥ o¥S T4+ 1444+ 1+ 1402+ 1 +4+4 41+ 14440 4 ssESss aish, Dividend Rate. 82 mm-amum. 18% “Vt 96 90 48 109 Tih 20%. 168% 230 153 404 34% 25 61'z 117 821 334 ax 184 184% 1334 115% 9T 186 166 4013 15" 470 115 1% T 184 811 894 554 1% 3 264 “fi 7 Conde Nast Pub. 30% Congoleura N t 8 Consol Cigar. 72% Con C pr pf ww 63 1731 Cons Cig pf xw 615 . 27% Consol Ed NY #3__ 102 Conssl B4 NY pr(6) 4% Consol Film 15% Consol Film pf (32) 3% Consol Laundries.. 11% Consol Ofl (160¢) .. 5% ConsolR R Cuba pf. 3 Consol Textile (4). ll 2 Cons Coal (Dsl)vte. 12% Cons C (Del) f vte Mfll 15% ContainerCorp (11) 10% Contl Baking (A).. l'l 1% Contl Baking (B) ... 674 Contl Baking pf (8). 67% Cont’l Can (13).___. 17% Contl Dia Fibre(2). 35% Contl Insur (11.20). 2% Cont! Motors - 28% Contl Ofl (Del)alls. 2513 Contl Steel Corp(1) 65% Corn Ex BK&Tr (3). 4208 63% Corn Prod Ref (3).. 12, 158 Corn Prod R pf (1)- 4 Coty Ine . 24 Crane Co. 85 Cream of 15% Crosley Radioal . 43% Crown C'k& S (a4) . 46 Crown Ck pf xw 2% T% Crown Zelleb’x vtc.. 28 Crucible Steel 1% Cuba CO .. e 9 CubaRRpf_ 6% Cuban-Am Sugar... 6313 Cuban Am Sug pf__ 167 Curtis Publishing.. 9913 Curtis Pub pf (7). 4 Curtiss Wright 10'% Curtiss-W (A) abve 43% Cutler- Hammaer t1. 7% Davega Stores 13be 52 Deere & Co 5 27 Deere & Co pf(1. 00) 19'4 Deisel-Wem-G (11) 36% Delaware & Hudson 14% Del Lack & West .. 128 Detroit Edisom (14) 30% Diamond Mteb 1135, 184 Dist Corp Seag Ltd. 19 Dixie Vortex (1%). 41's Dome Mines (12)__ 7% Dominion Stores .. 50% Douglass Atrcraft 13 Dresser Mfg(B) al. 47 Dunhill Internati. . 13% Duplan Stlk (1) 133 Du Pont de N a6.10_ 129 Du Pont deb (6) 111% Duquesne Lt 18t (5) 51 Eastern Roll Mills_ 156 Eastman Kod (+5) 152 East Kod pf(8) 2814 Eaton Mfg (2) 5% Eitington-Schild 30% Elec Auto Lite (a2) 110% Elec Auto L pt (7). 10 Elec Boat (ab0c) _. 514 El & Mus Ind alSc__ 6% Elec Pw & Lt = 29% Elec Pw & Lt $6 pf_ 32% Elec Pw & Lt $7 pf. 42% Elec Stor Bata2¥ _. 3 Elk Horn Coal (d) .. 13 Elk Horn C pf 14) 22% El Paso Nat G(1.60) 5313 Endicott-John (3). 110 Endicott-J of (5)... 11 ErieRR 16 Erie RR 18t pf. 11% ErfeRR 24 vf 12 Eureka Vac C (80¢) 23% Evans Produets (1) 4% Exchange Buffet .. 2% Falrbanks Co 815 Fairbanks Co pf 348 Fairb’ks-Morse(t1) 31% Fajardo Sugar (2). 18% Federal Lt & Trac.. 84 Fed Lt& Trpf (6). 37 Fed Min & Smelter. 7% Federsl Mot Tr 40c 3 Fed Screw Works . 215 Fed Water Sve (A). foro SRalaa 2 nand - D os [ - SR man P 2000 e * 2013 Fed'd Dept St 21.60_ 106% FedtdA DScupf4l 9% 38 Kid Phoe F | 1*1.20) uau 4 2% 2414 Foster-Wh 77 1228 10% 53% 6% .50 3% 43 57% 631 24% Firestone T& R (2) 40 First Nat Strs (23) 30% Flintkote Co (1) . 25% Florsheim(A) (11). 3% Follansbee Bros (d) 106. Food Mach pf(4%) eelel 30% Fourth Nat 63 Frank Simpf35% - 231 Freeport-Texas (1) 47% Fuller Co pr pf 3134Fuller Co 3d of 3% Gabriel Co (A) % Gabriel rts _Nov 25 11% Gameweli Co 8% Gen Am Investors 424 Gen Am Trans (a3) 10% Gen Baking ncoe;. 7 Oen Bronze 5% v{ 3D~ 51t Gen Clgar (t4) . 3415 Gen Electric (1) . 33% Gen Foods 11.80) .. " Gen Gas & Elee (A) 14 Gen G&E 6%cv pfA 19% Gen GRE 8% pf A 58 Gen Milis «3) 116 Gen Milis f (6) 53% Gen Motors (a4%)- 118 Gen Motors pf (5).. 5% Gen Outdoors Adv... 18% Gen Outdoor Adv A 314 Gen Pub Service __ 321 Gen Ry Signal (1).. 2 Gen Realty & Otfl.. 26% Gen Realty & Upf._. 33% Gen Refrac (a2%)-. 32% Gen Stl Casting pf 17 Gen Tha Eq (21.10) 13% Gillette Sat Ras (1) %0 Gillette SR pf (5). 6% Gimbel Bros 84 Gimbel Bros pt (6). 39% Glidden Co (2) 52% Glidden cv pf(2%). 3% Gobel (Adolf) -. 8% Goebel Brew (120¢) 13% Goodrich (B F) 74 Goodrich(BF)pf(5) 21% Goodyear T & R 87 Goodyear $7 pf (4)_ 8% Gotham Silk Hose.. 2 - Graham-Paige 8 S PY-TTTTPPE PR T T T 03 24% Granite City Stl (1) 28% Grant (W T) ) 32% Grt Northeyn 16 Grt North'n Ore (1) 31 Grt West Sug (2.40) 22 Green (H L)Co(t1) 15% Greyhound (180c) n 1% Guantanamo Sugar 24 Guantanamo Sug pt 28% Gulf States Steel N BrolupemnSha® - ©wmb 1% 60% 1 124 34% 0% - % 162 102 61% A 6% + % 46 +1% 36% — % 30% — 4% 86 + % 46 - % 16% +1% 483 +1% 2% + % 1T% +1% 12% +1% 124 +5% 21 + 4 112% — % 6% + % 214 +1h 75 18% 91% 30% 31% 45% 18% 143 32 26% 23% + % AR F FEE S 39% 42y 70 27% 68 SEFSFLCES 11% Int Tel & T 15 Intertype Corp (1)-. 24% Island Creek (3) 9 581% Jewel Tea (14) 141% 88 Johns-Manville 13.. 126% 121% Johns-Manv pf (7). 120 76% Jon& L 7% vf$1%. 48% 39% Kalamazoo S (11) . 121 116% KC P&L 1st pf B(6) 26 13 KansCity Southern 36% 17 Kaufman Dep8 (1) 33% 24% Kayser J&Co(al%) 28% 20 Kelsey-H (A) a1l 24% 18 Kelsey-H (B)alls_ 14% Keivinator (160¢).. 87 ‘Kendallpf A (16).. 283 Kennecott (21.70) . 17% Keystone S&W (3). 18% Kimberly Clark(1). 3% Kinney (G R) Co... 30 Kinney (GR) pf_.. 4% Kresge Dept Strs. 74% Kresge Dept Strs pt 201 Kresge (S8) (11)_. (8 8)pt(1)_ G&B(11.60) Gas (8t L) 31% GasSt L 15% Lambert Co (3) 7% Lane Bryant. 12 Lee Rub&Tire(b0c) 15% Lehigh Port Cmt 11 94% Lehigh Por C pt (4) 2 Lehigh Valley Coal. 9% Lehigh Val Coal pf. 81 Lehigh Valley R R_ 89 Lehman Corp (13)_ 12 Lehn & Tinkal% . 3714 Larner Stores (+2)_ 47% Libbey-Ow Gla3d. 7 Libby, McN & Lal_ 25 LifeSaver (L60) _. 97 Ligg & Myers (14)_. 97% Ligg&Myers B (14) 19 Lily Tullp Cup(1%) 25% Lima Locomotive. 36 Link Belt (+1.20)__ 32% Liquid Carb(1.60).. 43 Loew's Ine (13).... 2 Loft Ine Gt 351 Lone Star Cmt(12) - 3% Long Bell Lum (A). 213 Lorillard (P) 1.20_ 141 Lorillard (P) pf(7) 13 La Ofl Ref pt (d) 20 Louisv GAEDIA 1% 57% Louis & Nash (a6)_. 22% Ludlum Steel (11).. 33 MacAnd & For (2).. 29 MeCall Corp (2).... 124 McCrory Stores ... 16 McGrew Hill Pub__ 38'% Meintyre Poreu (2) 85 McKeespt Tina51;. 8% McKesson & Rob 37% McKess&Rob pf(3) 1133 McLellan Strs a30e. 27% Mack Truck (1) . 40% Macy (R H) Co (2) 8% Madison§a G t60¢ 3413 Magma Copper (a3) 1% Manati Sugar (d) T4 Manati S8ug of (d) 7 Mandel Bros 14% Man El md £t4 (d). 1734 Manhat Shirt (1)__. 2% Maracaibo U1l Exp 815 Marine Midld (40c) 613 Market 8t Ry pf. 21, Market St Ry 24 pf 18% Market St Ry pr pf 41 Marlin-Rock (12).. 11% Marshall Field & Co 271, Mathieson Alk(1%) 43% May Dept Strs (3)_. 1313 Maytag Co 46 Mavtag pf ww (3) 45 Maytag Coxwpf 3. 12% Mead Corp 9714 Mead Corp pf (6)-— 67 Menge! Uo 50 Menge! (o of 40% Mesta Mach a3% 5% Miami Copper 17% Mid-Cont Petal.16. 21% Mid Stl Prod (a2) - 151 b1%4 30% 102% 35 42 | 1315 120 14 S et of 3) 109 88 Milw El R&L pf (6) 112 656 Minn-Hon Ros 1% 126 106% Minn-Hon R pf (6) 634 Minn Moline Pwr 57% Minn Moline Pwr pt 2% MStPASSMIisin 16% Mission Corp 5% Mo Kans & Texas 14% MoKan & Tex pf A. 2% Missouri Pacific(d) 3% Mo Pacific pf (d). .. 19% Mohawk Carpet (1) 79 Monsanto Chem(t1)x 35% Montg’y Ward $0c. % Mother Lode £ 28% Motor Prod (12) 154 Motor Wheel (1.60). 11% Mullins Mf(B)as0c 70 Mullins Mfg pf (7) 4l 21 Munsingweara2i m 1023 Murphy G C pf (5) 14 Murray Corp (a50c) 43 Myers (F E) (12) 15 Nash Motors (1) 201 Nashv Chat & St L 1214 Natl Acme (as0e) - 915 Nat Aviation (al) . 38% 28% Nat Biscuit (1.60)_ 164 153 Nat Biscuit of (7). 31% 214 Nat Cash Reg (a1) . 2814 21 2 112% 107% Nat Dairy P pf A(7) 112 107% Nat Dairy P pf B(7) 24% 10 Nat Dept Stor: 33% '25% Nat Distillers 364 26% Nat Lead (150¢ 14% 9% NatPwraLt 3 % Nat Ry Mex 1st pf_. 1% 13 NatRy Mex2dpf.. 75% 574 Nat Steel (1%)- 75% 19% Nat Supply Co.. 127% 74% Nat Supply Co p{... 124 7% Nat Tea 13% 10% Natomas nlne) P 59% 32 Neisner Bros (12)_. 2415 9 Newp't Indusablc.. 49% 27% N ¥ Central R R 534 17% N Y Chicago &St L 95 363 NYChi&StLpf 62\1 217% 479 188, 15% Rys pf (4) s 91 N Y Shipbuilding - 109% 93% N Y Steam 1st (7).. 8101 210 Norfolk & W (8) . 115 106 Norfolk&Wn pf(4). 6% North Am Aviation 23% North Am Co (1) 52% North Am Co pf (3) 23% Northern Pacific 2 Norwalk Tire&Rubd 19 Norwalk T& Rpf.. 123% Ohio Oil (a60e) .. 24% Oliver Farm Equip 17 Omnibus Corp vtc . 8 Oppenheim Collins_ 4 608 1308 5 ”- PeZnmaSTannm 319 - YT TS 0 NS ONE o =N~ - - 2008 6 b 4 12 3 208 308 1 908 39 2 2608 3 X 32 1 1 19 3 162 13 5008 16508 211 108 28 4 2 3 2 908 119 47 1 13 108 65 12% 12% 12% 140 138 126% 126% 126% + % 126 125 126 -2 48 47TH% 48 +1 ll‘l 116 117 8% 18% Ed +H4444 LEE4L L+ ~ o« - EEOREFFE EFF F&x BrFrasPe revnsy 0{4’6_*1*& 1444444440144+ I+ ¥ FIF EFE + & : x y ¥ + ¥ Hh41+E 4 130% 180\ H% 1% 3% l'm 10 9% 5 5 44 4w 4N 12% 12% 12% 108% 108% 294 296 110% 1104 10% l+t+l ¥ FREES SFEEE 22 - 9% 5 |44+ | oo Sex 7% Phillips Jon 9% 38% Phillips Pet (a2%)- 1% Phoenix Hoslery .. m Pterce Petrolyum. 29% Pilisbury FI (1.60 50 Pirelli Co A (a3.13). 3% Pitts Cosl T34 Pitts Screw as2%c- 49 Pitts Steel pf 1% Pitts Term Coal.._. 2% Pitts United Corp.. 58% Pitts United Cpf__. 21 Pitts& W Vs 1% Pittston Co 117% Plymouth Oil (t1).. 20 Pond Creek Poc (2). 12 Poor &Co (B)...... 4% Porto R Am Tob A.. 8% Postal Tel&C pf (4) 174 Pressed Steel Car_. 17% Press St1 C 1st pf ~ 574 Press St Car 2d pfn 40% Proctor & Gam 1% 9% 39 PubSvoNJ (3.40). 113 103% PubSve NJ pf (5). 130 113% PubSve NJ of (6)- 1445128 PubSve NJ pf (7). Cfli 36% Plllm&nm a%)- 1 b0s 3 25 1308 3 3 708 808 1 . K 3 2 4 3 6 2 T 37 1 4 1 8 9% Purity Bakeries 408 9% Radio Corp. = 68% Radio Corp pf 5 Radio-Keith-Or (4) 11 R R See 11l Cent 28% Raybestos-M 1% _. 35% Reading (2). .. __ 39 Reading 18t pf (2). 9% Real Silk Hosfery.. 654 Real 811k Hos pf 124 Reliable Strs a50 17% Rem Rand (160c) _ 86 RmRnd pf ww 4% 4% Heo Motor Car. 16% Republic Steel . 10 Revere Copper. 24% Revere Copper (A)_ 90 Revere C&B pfaily 98 RevereC&Bpfs% 22% Reynolds Met (1) 117 105 Reynolds M pf(53) 86% 25 Reynolds Spring 1. 60'% 50 Reynolds Tob B (3) 12 35 19% Ritter DentalaZse. 2 65 32 RoanAnteCaliz.. 1 49% 27 Safeway Stores(t2) 75 114 108 Safeway Strspf (6) 10s 11415 110% Safeway Strs pf (7) 20s 43 22 St Josepr L4 (80e). 15 5 18 86 L 408 708 12 3 5 Savege Arms 37% Schanley Dist (13)_ 97% Scueniey D pf (5%) 13 Schulte R Strs (d) .. 7% Schulte RS pf (d). 531 Scott Paper (2)___ 30s 7 Seaboard Afr L (). 5 2 Seaboard A L pf(d) % 30% Seaboard Ofl (1) 10 59% Sears Roebuck (12) 14 61% Ser Nat Inv pf 32.90 10s 15% Servel Inc (f1)_ . 20 20% Sharon Steel(11.20) 20 89 Sharon 8tl H pf (5) 4% Sharpe & Dohme _ 43 Sharp & Dpf (3%) 11% Shattuck F G (50¢c) 14% Bhell Unton Of1 . 127": 110% Shell Un Ol pf 6% 1415 8% Silver King (60c)_. 487+ 19% Simmons Co (IIK) 374 1984 Skelly 011 132 112 Skelly Oil pf (6) €1 54 ,Sloss-Sheftield St1 111 65% Sloss-Sh St pfas¥ - 72 40% Smith (A O) 28% 21 Snider Packing 2 17% 12!; Socony Vac Ofla70c 93 Ta ThSoAmG& Paite)x 17 26 South Port§ (12) _ 25 South Cal Ed (13%). 16 23'; Southern Pacific 42 12% Southern Rallway.. 23 19 Southern Ry pf 20 34 So Ry M&O ctfs (4) 1 6% Spalding (A G) 2 6314 Spalding(AG)istpf 10s 112 101%: Spang Chal pf 383% . 20s 5% Sparks- Withtngton 20 27 673 Spear & Co (a50c)-. 1 36% 29% Spencer Kell (1.60) 2 24 15% Sperry C'p vte (a1) 36 37 13% Spicer Mfg (a3) ____ 4 53% 44 Spicer Mg L (3)_. 708 113 63 Splegel-May-8 (3). 6 43% 21% Square D(B)aé2}c 2 18% 14% Stand Brands t80c. 70 129 120% Stand Brands p£(7) 20s 13% 9% Stand Com Tobacco 6 9% 5% Stand Gas & El (). 6 24% 93 Stand GEE$4 pf (4) 20 56% 24% Stand G&E $6 pf(d) 8 64 26% Stand G&E 37 pf (4} 4 47% 35 StandQofcCal (11). 28 45% 32% Stand Oflof md t1. 44 30% 25 Stand Ol of Kans._ 1 51% Stand Oflof NJ (11 33 3 11 44 2 5 11 k4 42 5 50 9 1 108 10s 4 65 Sterling Prod 13.80. 16'4 Stew-Warner t50c. 14% Stone & Webster __ 94 Studebaker Corp 72 Sun Ofl (1) 27 Superheateras2ijc 3 Superior Ol 9% Surerior Steel % 23 Sutherind Pap +1.60 20% Swift & Co (11.20) . 284 Swift Intl Ltd «2) 15 Symston-Gould ww. Symingtn Gould xw 6% Telautograph (60¢) 5% Tennessee e 287 Texas Corp'n (1) 4% Texas Gulf Pr (abe) 33 Tex Gulf Sul (2) 714 Tex Pac C & O albe. 9% Texas PL T (allc). 8% The Fair 8% Thermoid Co 3% Third Avenu 84 Thomp" n{JR)lloa). 24% Thomp Prod (a1%). 4% Thompson Starrett 21% 14% Tide W Asso O 60c. 106’-1 100% Tide Wat A O pf(6) 12% Timken Detroit(t1) 56 Timken Roll B (12) 11 Transamerica t40c. 14% Trans & Westn Alr. 10% Transue &W (160¢). T4 Tri-Cont Corp a25c.. 93 Tri-Contl C pf (6) 4% Truax-Tra C(a2sc). 2213 20th Cent Fox (a2). 31% 20th Cent Fpf1%. 8% TwinCity RT 65% TwinCity RTof . 2% Ulen & Co 74% Und-Ell-Fish(a2%) 38% Union Bag&Pap (3) 71% Union Carb&C 2.80. 28% 20% Union Oil Calif (1) 149% 10815 Union Pacific (6) 100 90% Union Pacific pf (4)° 31% 22% Unlon Tank C 1.30 82% 20% Unit Aircraftaslc. . 21 13 United Air Line vic 33% 24% United Bisc (1.60) - - - Bo e wan Boaa-NLiEohS - o - aBerane3Sa o8 a8 ?- 18 58 4 3% 105 . 34 121% 121% 136% 136'% 57 18 17% 98% 98% 10% 18% 12% 11% 6% 76 8%, ™% 15% 154 37 364 4y 4y 49% 49% 12% 124 89 89 22 21% 23% 23 2 62 62 126 126 126 8 26% 26 109 m 109 324% 60% 274 60% 49% 113 112 1% 2 113 112 41 2% 194% + % ! 1% 34 974% +1% | 824 +1% 29% + % 31 101% 9% + W -1% 97% 9TH — % 26% — W -2% 2% + & 60% + W 27% + % 60% —1% 48 +% + 2+ %+ 4% 17 1 55% +2% 98 -1 3% + 3 +1 +1 FRACTIONS T0§2 Assortment of Declines Seen at Close of Session De- spite Recovery. Stock 'Avernges ity il 38 o Net change. +.8 Today, noon 96.4 uz 51! Prev. day... 956 378 51.0 415 524 93.6 - 3.0 434 99.3 537 34 434 447 21.6 1932 low.... 175 239 1929 high...146.9 15391843 1571 1927 low ... 516 953 618 618 (Compiled by the Associated Press.) BY VICTOR EUBANK, Associated Press Financial Writer, NEW YORK, November 24 —Edging over into a recovery zone, the stock market today quietly retrieved frac- tions to around 2 points of its yes- terday’s losses. Further business optimism, com- bined with less apprehension over the foreign outlook, helped to bring in sup- port for many of the leaders. It was not a one-way push, however, and there was an assortment of declines at the close. Transfers were about 1.- 800,000 shares. ¢ The list gave its best performance at the opening, when overnight orders pushed the ticker tape for a few min- | uates. ‘The volume began to dwindle there- after and light selling cropped up in several departments. Numerous fa- vorites near the final period had sub- stantially reduced or canceled initial gains. Buying in the steels, aircrafts and amusements then appeared and led to an upswing at the finish. Shell Union Oil wiped out arrear: on its preference shares and resumed | dividends on the common. Both is- sues were up as much as 2 points. NEW YORK COTTON % K3 £y T T 1| B the Associated Press. 27& +24 | is| NEW YORK, November 24 —Cotton 127% ~2% | reacted partially from early rallies ol 11% + 14 | about 7 to 15 points, owing to liquida- 46% +2 344 — % on first December notice day. March 126 80 m 465 23% 164 1 10'4 1 14\ S 7% 22 224 34 33% 22% 21% 3% 34y 51% 51 105 108 1% 17w 1% 17% 16% 15% 9% 9%, 10815 108% 9. 9 37% 36% 464 454 ll% +4 \tlon due to the circulation of notices % | eased off from 11.69 to 11.61 and was luum‘ at 11.62 in midafternoon, when prices generally were 1 to 5 points % | net higher. b Futures closed steads unchanged to 3 4 higner s o LR A DD 853333 Bno! lludy middli n—Nominal 5 Cottonseed Oil. Bleachable cottonseed oil futures closed steady. December, 10.12; March. 10.28b; May, 10.37. Sales, 114 con- tracts, including 36 switchés. b—Bid. New Orleans Prices. ‘November "l W‘f | Issuance of 93 notices in Decembe. )onluu'n XAM w lfiob cotton prices !ror‘ running 8 points at the openinz 00 bales were l out mnm. bu “ ary Tenders for 9. b.lor! the lt.ln it the lllrk!t lnved most_expectations, D Snd not down, rnlnl price of 1 B farites ' ope December 853, January, B 9.70b; May, 9.96. b—Bid. ed steady 66b; March, Liverpool Quotations. ERPOOL. November 24 (# —Cotton 20100 bees, Spor in limited demand’ ion: firici “low - miadiing 8.4 02 u-m :ood ordinary. 5.7 3. . Futures closed ve mber. 8,53 L IanuaLy. 851 M. 830 U B.4%: October CHICAGO GRAIN BY the Associated Press. CHICAGO. November 24 —Ralliss in the late trading today lifted Chicago wheat futures at times to well above yesterday's finish. Some improvement of export de- mand for Canadian wheat was shown. with estimates that around 1,000,000 bushels had been taken today. There was talk also that France was in the market as an importer. ‘Wheat closed firm. !3-3; above yes- | terday's finish, December, 1.17%-3%: May, 1.153%-%: corn unchanged to 3; higher; December, 1.057%;-1.06: May, new, 99%;-%: oats unchanged to 33 off, and provisions - unchanged to 5 cents advance. Dot AT BN, Hich 129% 105 Guif Sta Stl 1st 321 14% 6 - Hall(WK)Printing 32 14 Hamilton Wateh 125% 109 Hamilton W pf (6)._ 524 30% Harb-Walker (12)_ 17% 12 HatCorpof Am (A) lli 1044 Hn Cprww (6%). 5 er Body “3 102 Hl Atlas GI (15) 21% 12% Hecker Prod (80e)._ 141 117 Helme (G H) (15)_. 41 25% Hercules Motor (1) 84 Hercules Pow (5) 19 Celotex Corp B4 Calotex Corp pf $5. 25% Cent Aguire (T13%) 6% Central Foundry Co 35 Central RROINJ_ 6% Century Rib Mills... 47% Cerro de Pasco (4)_ 8% Certain-teed Prod.. 57% Certain-teed pf (6). 8015 Certain-teed 7% pf. 19 Champ Pap & F (1) 59 Chesapeake Corp(3) 51 Ches & Ohio (12.80). 2% Chi & East 11l pt(d) 1% Chi Grt West (d) ... 4 ChiGrt W of (d)._. 25% Chi Matl Ord(11% 1% Chi Mil St P&P (d). 2% Cht M St P&P of (4) 2% Ch1&NW (). .. 12% Chi Pneumatic Tool 40% Chi Pn Tool pf $3%. 1% Chi R 1&Pao «d) 3% Chi RI&P 6% pf :d) ' 3% Chi R lhl"ll pf(d) 17% Chickash Cot. 7 Childs Co 854 Chrysler Corp(al2). 23 15% City ice & Fuel (3) 89% 1T2% City Ice&F of (83) 4% City Stores F 464 23% Clark Equip(t1.60). 1 Alexandria Bonds Are Sold. Brown, Harriman & Co., New York; Burke & Herbert Bank & Trust Co., Alexandria, and Miller & Patterson, New York, were successful bidders yes- terday for $250,000 public improve- ment and funding bonds offered by Alexandria, Va., on their bid of 107.159 for 3s. The bonds are dated Decem- ber 1 and due 1937-1971. They are be- | ing reoffered, subject to formal award | today, at prices to yield 0.50 per cent to 2.65 per cent, according to maturity. Financial District Gossip. Customers in the New York Stock Exchange brokerage houses here to- day saw a much better opening on the stock board than was last night's elose. North American’s 25-cent extra was good news to Washington, where a large amount of the stock is held. It had been anticipated here that some kind of an addition to the regu- lar quarterly disbursement would be announced. Washington investment dealers are looking forward to the special forums on municipal bonds which have been included on the program of the com- ing convention at August, Ga. A spe- cial forum on municipal credit is also awaited with more than ordinary interest. City Manager C. A, Dykstra of Cleveland will be the chief speaker. ‘Twenty shares of American Security & Trust Co. stock sold at 274 on the ‘Washington Stock Exchange today, a new high mark for this year. Capital Transit opened with eight 10. lots selling at 14%, followed by 5§ 117 111 United Bise pf (7) 35% 22% Unit-Carr Fast(12). 5% United Corporation 48% 40% Unitea Corp pt 13) 16% 10% United Drug (a75¢). 291 15 Unit Dyewood(1).- 1056 93 United Dyew df (1) 7% 4 United Elec Coal .. 50% 32% Unit Eng & F (3 I7 66% United Fruit (13)__. 14% United Gas imp (1) usv. 109 United G imp pt (5) 111% 111% — % | 6% United Paperboard 11% 12 10 U8 Distributing pf 3208 20% 20% 20% + % 13 US & For'n Becur.. 3 184 17% 18 - & 39% 24% U S Freight (t1)... b 32% 31% 324 +1% 80% U S Gypsum (12)... 3115 1144 114% offman 7 19% 18% 19 40% 5% 24% Otis Elevator a75c_.. 121 Otis Stee 70 s Bt 104 128 Owens-IL Gl (a8) 19% 13 Pac Am Fisher (1) 124 33 Pacific Coast... .28% 8% Pacific Coast 1st.___ 22%- 4% Pacific Coast 24 .. 39% 34 Pacific Fin (1.30).. 41 30% Pacific G& B (1%). ssu 4T% Pac Light (13.40) __ 14% Pacific Mills (a1) NS% 118 Pacific T&T (a5).. 152 140 Pacific T&T pf(6) 18% 11% Pacifie W'n Of} b36e 18% 6% Packard Mot(adse) 20% 12% Pan American Petr. 4% 1% Panhandle Pro& R 74% 18% Panhandle P&R pf. 22% T4 Paramount Pict. . ID Paramount 1st pr.. 84 Paramount P 2d of. 17% Plrk‘, Tilford (2).. 2% Park Utab 40% nm Davis (ug) 23 ParkerRustPt1y 4% Parmeles "t 6% Pathe Film Corp. 10% Patino Mines. . 1% Peeriess Motor __. 60 Penick & Ford (3).. 69 Penney(JC) (a2%). 3% Penn Coal & Coke” .. 4% Penn Dixie Cement. 28% Penn DixieCof A Penna Glass ctfs 16% 111% 111% 154 152% 18% 9 7 43% 43 16% 15 20% 101 101 101 — W 6% 6% 6% + 4 50% 49 504 +1% | 84% 821 B84% +24 | 148 14% ’D.c el 105% 105% — % 18% 13% + W 127% 127% 35% 36% + % 1361 1361 —14 Cash wheat, No. 2 red, 1.31%; No. 2 hard, 1.24%; No. 1 mixed, 1.21%; No. 2 mixed, 1.20%a21%; corn, No. 4 mixed, 1.01%2; No. 3 yellow, 1.05a.052; No. 4 yellow, 1.00%8.03%; No. 3 white, 1.08*a.09; No. 4 white, 1.05%; oats, No. 1 white, 48a40; No. 2 white, 47a 471, No. 3 white, 47; soy beans, No. 2 yellow, 1.22%a34; No. 3 yellow, 1.32%a 33; No. 4 yellow, 1.30; barley feed, 60268 nom: malting, 1.00a40 nom; timothy seed, 5.8586.10; cwt.; new, 5.60a85 cwt.; clover seed, 23.00a30.00 19% Holly Sugar (12)... 22% Houd-Her (B) t1%. 6% Houston Ofl vte_ 48% HoweSound (13)... 10. 21% 19% 21% 25 15! l“ 155 +138 19% +1% u 34 3% 4 4% 45% 26% 2'! 6% 8% Dh 15 15 + 8% 3% 3%+ W 63 63 63 + % 103% 1045 +1% 5% Leath pr pf vte. Pipe & Fy(1%) 544 & Imp. % 4 19% a82 b 18% illinois Central. .. 4% Indian Refin (al1)__. 41% 25% indus Rayon (1.68). 147 106 Ingersoll-Rand(t2) 88% Anland Steel (3) 6% Inspiration Copper. 5 InsSh Mdcfsa2lc. 11% Inter Rap T vte (4) 23 Intercontl Rubber.. 9% Interiake lron ... 5% 2% It Agricultural... 41 ~ 22% Int Agricu) or pf... 187 160 int Bus Mach (16).. 101% 56% Int Harvester 3%.. 2% Int Hydro Elec (A) 4% Int Mercantile Mar 43% Int Nickel (21:80). 125% Int Nick(Can)pf(7) 3% Int Paper & Pw (A) 2% Int Paper & Pw (B) 1% Int Paper & Pw (C) 20% Int Paper .- Pw pf. 7 Int Print nk (3)... # 15 28% + % 12% — “ 39% 38% 38% + 8 134% 134% 134% +l\i 2120 120 120 + % 14% 15% + % 5% B4 124 12% 4 4 12% 13% + l i 3% I* 1.32 9188 185% l"IK +2% 3 FOWHH P 1419 e NS - + + § % * W 308 87% 87 % 1 12 1% .. £3 72 Wfllllnl Prices. ¢ 3233 B ssgu 1 nit St pf $11.81% - niv Piet 1st pf Utll Pwr & Lt (A)- cae uuo—-.o--anos - 82 s Coca-Cola (2) - 20% 13 Colgate P-P (15 66% 39% Collins & Alk 13. . usv. 107% Collins & Alk pf (' 3 16 18% 184 18% + ¥ 3 60 59 B9 +1 80s 110 110 110 “+1 28% Col Fuel & Ir (new) 31 37% 35% m +1% | 21% Colo & Southern 08 25% 25% 1% l'“ 14 ColumbG&Eaile 44 18 90% Col G & E pfA (8) 2 104 108% 108% — % 12 3% 3Tk + % 31 Colum Plot vte (t1) 36% 1118 118 18- +l 17 6% T6% + s 59%. 1!0\ uo Peoples Dr pf (6%) Peoples GasChi .. i;- Liverposl Quotations. November . — W barely utg ;s* f“’fu m“« S385E5esisy - - :A ll*cr:.r ot (6) ‘s Iron 1&Cok Vulean Mn Wabasb p wnM ly- u.u.. Wajgreen Co (2).... Walker (H) (2).ee. (Continued en Page 10 & 112 64% Pere Marq pr pf 320 Pet C'p of Am ab0c Pteiffer Brew (1.30) 84 Colum Carb vto(t4) % 5 Int Ry Cent Amer h!a‘}‘)—— Int Silver . -ceee. s o i I LR ST