Evening Star Newspaper, November 30, 1936, Page 18

FINANCIAL WELL ABOVE 1335 11-Month Total Climbs $170,304,580 Ahead of Period Last Year. BY EDWARD C. STONE. How business in Washington has boomed during the first 11 months of 1936 compared with the like period in 1935, was vividly pictured today in the report of the Washington Clearing House Association, George H. Bright manager. For the first 11 months of this year clearings totaled $1,018,382,559.46 as compared with $848,077,978.87 in the first 11 months in 1935, a gain so far in 1936 of $170,304,580.59. November, 1936, clearings in the Capital totaled $91,263,703.63, against $83,062,126.19 in November, 1935, an increase in the month under review of $8,201,577.44, the report made public this noon showed. Another striking comparison reveals that canceled checks passing through the Washington Clearing House in the first 11 months of this year have already exceeded the total for the full 12 months of 1935 by $83,325,~ 716.96, a5 the complete 1935 clearings amounted to $935,056,842.50. Clearings by months this year com- pare as follows with the monthly sum- maries for the corresponding months in 1935: 1936. 1935. January _$86,990.549.44 $69,566,823.40 February. 78,024,521.81 60,956,281.30 March .. 86,355,879.19 74,112,669.72 April 100,389,014.14 77,447,954.34 May 94,295,112.00 77,957,951.00 June 104,841,034.00 85,895,159.00 July 100,333,520.02 83,003,060.99 August .. 8274502941 75543,871.78 September 89.611,954.00 173,280,430.00 October ..103,532,240.00 87,251,550.00 November. 91,263,703.63 83,062,126.19 Exchange Trading Expands. Transactions on the Washington Stock Exchange in October scored sub- stantial gains over September, accord- ing to latest reports from the Securities and Exchange Commission. The total dollar value of all stock sales recorded during October reached $201,897, nearly double the amount of business in September, which amount- ed to $119,795. The per share turn- over was also much better, 2,327 shares changing ownership in October against 2,150 shares tn the preceding month, There was a less striking increase in the bond department, the dollar value of sales standing at $48,457 in the month under review against $46,648 in September. Principal amount of bonds eold was $49,500 compared with $48,600. ‘The value of both stock and bond sales on the Washington Exchange totaled $250,35¢ in October, com- parable with the lower figure of $166,- 443 in September, the exchange here doing its share in helping make a gain of 36 per cent in sales on all the ex- changes in the country. In line with the expanded business in Washington is the report from the Baltimore Stock Exchange showing the dollar value of all sales as $2,020,086 against $1,629,068 in September and in Richmond, $192,357 in October compared with $176,890 in the earlier month. Atlas Plywood Stock Offered. James M. Johnston & Co., Wash- ingtor. investment firm, is included in a banking group which is today offering 70,000 shares of Atlas Ply- wood Corp. cumulative convertible preferred stock at $25 per share. The group is headed by Van Alstyne, Noel & Co., New York. The corporation is one of the largest manufacturers of plywood packing cases and materials for furniture and radio cabinets. It does business. in' Canada and England, as well as in the United States. The company has 131,000 shares of common stock, which 1s listed on the New York Curb and selling around $21 a share, which has paid 50 cents in dividends so far this year. The preferred stock will carry a dividend rate of $1.25 per annum. The new stock is being put out to redeem the outstanding $1,584,000 5'2 per cent debentures and to cancel the common stock held for their con- version. The prospectus indicates that the concern has a strong balance sheet position. C. & P. Phone Net Higher. Forthe first 10 months of 1936, net income of the Chesapeake & Potomac ‘Telephone Co. reached $1,665,124 against $1,592,571 a year ago in the same period, according to the finan- cial statement filed today with the Public Utilities Commission. Operating revenues amounted to $8,789,528 as compared with $8,346,716 in the same 10 months a year ago. Ex- penses were higher this year, totaling $6,249,268 against $5,899,552 a year ago. Taxes were also higher this year, leaving a net operating income of $1, 805,073, compared with $1,830,679 a year ago. Non-operating income was about $8 larger and interest deductions were smaller than a year ago, which left the above-stated modest improvement in the 10-month net earnings. The October report showed a bal- ance before dividends of $170,494, as compared with a net income in Octo- ber, 1935, of $177,652. Operating rev- enues totaled $899,444, against $867,- 958 a year ago. Operating expenses called for $644,236, being heavier than the $612,762 in October, 1935, and leaving & net operating income of $185,613, against $193,025. There was & net gain in telephones installed of 2,444 and a substantial increase in the number of calls. Financial District Notes. Harriman & Keech announced to- day thst a second board room has been opened on the mezzanine floor of their brokerage office at 815 Fif- teenth street. The new room is for customers desiring specialized services. Directors of the Norfolk & Washing- ton Steamboat Co. have,declared an extra dividend of $1 per share on the outstanding stock, payable December 15 to stock of record December 5 and the regular semi-annual dividend of 3 per cent, payable January 15 to shareholders of record January 5. ‘Washington Gas sold at 80 on the Washington Exchange today, Wash- ington Gas 5s, 1958, came out at 1073 and Mergenthaler was in demand at 85% and 55%. Other prices were firm. SIMPLIFICATION DUE. NEW YORK, November 30 (#.— Union Bag & Paper Co. announced today that, in order to simplify its capital structure, it had acquired all the assets of Scutan Co., Indians, a subsidiary. NEW YORK BAR SILVER. NEW YORK, November 30 (P).— ‘Bar silver steady and unchanged from Friday, November 27, at 45%. Prev. 1036 High. 16% 35% 374 21% 86% 6% 1% bl 61% !0'/. 3 Stock and Low. 9% Adams Exp (a20ey. 17% Adams Millis(a13) 224 Address’graph( 1)_ 1% Advance Rumiey._. 58 Alr Reduction (11). 2 Air-Way Elec Appli 13 Alaska Jun (160¢c).. 2% Alleg Corp (d)..... 12% Alleg pf wi30w (d). 121 Alleg pf wS40w (d). 121 Alleg pf xw (d) 26% Alleg Steel (a1.40 ZAS 157 Allled Chem 20% 920 1% 23 Allled Mills IISOG - 6% Allled Stor 5) 35% Allis-Chalm (11%). l% Alpha Port C(al¥% Amal Leather ___.. Amal Leather pf... Amerada Corp (2).. Am Ag Chm Del(3). Am Bank Note (11). Am Bnk Note pf (3) Am Brake Shoe 1.60 187% 115% Am Cah (14) b4 92% 697 112 111 Am Chaincvpf (5).x 8% 80 Am Car & Fo 57% Am Car & Fdry l'l!.. 31 AmChain(al)..... 7% Am Colortype.._. 20% Am Comel Alcohol .. 16% Am Crystal S(a50¢) 89 AmCrysS 1st pf(6) 3% Am Encaustio. ... 6% Am & Foreign Pwr. 26 Am & For Pw $6 pf. 31% Am Hide & L pf @). 37 Am Home Pr (2.40). 2% Am Ice. oo aaea 16% Am Ice pf (2) .ceeua 9% Am International .. 23% Am Locomotive.... 66 Am Locomotive pf_ 21 Am Mach&FAv(t1) 10 Am Mach & Met 60c: 27 Am Metal - 35'% Am News (NY) (3). 7's Am Power & Light. 86% Am Pwr&Lt pf (6). x 43 Am Pwr&Ltof (6).x 18% Am Radiator(t60c). 23% Am Roll M (11.20)_ 86 Am Saf Razor (i2)- 18 Am Seating(a2lg).. 25% Am Shipbldg (2) 56% Am Smé&Ref(a4.05). 57!3 Am Snuff (13) _ 145 133% Am Snuff pf (6) 561 2013 Am Steel Fdry (al) 1453 107% Am Steel Fy pf (7). 36 63% 24% Am Stores (2). 48% Am Sugar (2) 19014 149 Am Tel & Teleg (9). 87 Am Tobaceo (5)._.. 88'4 Am Tobacco B (5) . 87 Am Type Founders.. 19% Am Wat Wksa40c.. 7% Am Woolen 52% Am Woolen pf (34).x % Am Writ Paper (d). 4% Am Writ Pap pf (d) 3% Am Zinc & Lead . _. 28 Anaconda Cop (1) 35 Anaconda Wire t2.. 151 Anchor Cap (60¢) 97 Anchor Cap pf(6%) 3 APW Paper. 37 Archer-Dan-M 4% Armour (1linols) .- 66% Arm'r(111)pr pf (6). 47% Armstrong C (1%)- 'y Arnold Const (50¢). 8la Artloom COrp . —ccee 12% Asso Dry Goods.... 98 Asso DG 2d p! 59 Atch To&S Feal_. 90% Atch To&S Fe pf(5) 21% Atl CoastLine(al) . 26% Atlantic Refin (1). 48 Atlas Powder (12)_ 129 112 Atlas Powder pf(5). 30% 54% 104 % 14 Atlas Tack (a75¢)-. 26% Auburn Auto. e 5% Austin Nichols.. 4% Aviation Corp (Del) 21 Baldwin Loco () - 29'% Baldwin Loco pf(d) 2% Baldwin Loasd(d). 33% Baldw L pf asd(d) - 157» Baltimore & Ohlo__. 21 Baltimore & Oh pf % Ban & Ar rts Dec 28. 21 Barber Co (a50c) 134 Barker Brothers. 8214 Barker Brospf.___. 1414 Barnsdall O1l (80c) 18 Beatrice Cream (1) 13%4 Belding-Hem (1) ._ 21% Bendix Aviat(al) 20 Beneficlal L (t1%). 45% Beth Steel 16'a Beth St16% Df(l)... 130”1 107% Bethlehe Stl pf(7).. 186 1 143 116 Case (J I) Com (7) ZZfll 91 32% 89% u% 46% 23 Bigelow-San (t1) 18% Black &Decker_ 144 Blaw-Knox (uSUc).. 18% Bloomingdale (al). 167 BoeingrAirplane __. 41 Bohn Alum&Br 80% Bon Ami (A) (a5) 39 Bon Amj (B) (a3) 25% Borden Co (1.60) . 64 Borg-Warner (4) 6 Boston & Maine 1% Botany Min A (d)_. 121 Bridgp't Brass t40c 43Y% Briggs Mfg (12) __ 47% Briggs & Strat (3).. 41 Bristol Myers (12). 40% Bklyn-Man Tr (4)-. 4'3 Bklyn & Queens.__. 441 Bklyn Un Gas (3).. x 45 Brown Shoe (3) .. 814 Brunswick-Balke_.. 8% Bucyrus-Erie____... 9% Budd (EG) Mfg___ 85 Budd (EG) Mfg pf. 8% Budd Wheel (a20c). 20% Bullard Co (a1%)-- 11% Bulova Watch_ .. 25 Burr Ad Mch(t60c). 2% Bush Terminal (d). 8% Bush Term deb (d). 14% Bush T Bldgs pf(d) 75 Butler Bros (a60c). 3215 Butler Brospf 1% .. 2% Butte Copper&Zine. 16%4 Byers (A M) e 5414 Byers (A M) pf___. 22 Byron Jackson t1.. 30% California Pxg(1%) % Callahan Zine._. 6 Calumet & Heca7iex 21 30 Campbell Wy (11). 10". Canada Dry G A-... 7 Canadian Pacific... 37 Cannn Mills (a4) ... 12% Cap Adm (A) ablc.. 6% Carrie:s & Gen 20c.. 92% Case (J I) Co (4)___ 54% Caterpillar Trac t3. 21% Celanese C (a50c)-- 19 Celotex Corp. 54 Celotex Corp pf 85_ 25% Cent Aguire (1134). 6% Central Foundry Co. 35 Central RRofNJ. 6% Century Rib Mills_. 47% Cerro de Pasco (4). 8% Certain-teed Prod_. 57% Certain-teed pf (6). 19 Champ Pap & F (1). 221 Checker Cab Mfg.__. 59 Chesapeake Corp(3) 51 Ches & Ohio (12.80). 1% Chi & East 111 (d) _. 2% Chi & East 111 pf(d) 4 ChiGrt Wpf(d)... 25% Chi Mall Ord(t1%). 1% Chi Mil St P&P (d). 2% Cht M St P&P pf (d) 2%Ch1 &NW (Q). ... 6% Chi& N W pt'(d)__. 121 Chi Pneumatic Tool 40% Chi Pn Tool pf $3%. 1% Chi R 1&Pac (d) . .. 3% Chi RI&P 6% pf td) 3% Chi R I&P 7% pf(d) 17% Chickash Cot Ofl__. 7 ChildsCo..oocue. 25 Chile Copper (1).. 85% Chrysler Corp(al2). 15% City ice & Fuel (2). 2% City Ice&F ot (6%) 4% City Stores. 23% Clark Equip(11.60) 111% 107% Clev El [llu pf 4% .. 4T% T4% 134 20% 66% 33 Clev Graph Br (2) ... 48 Cluett Peabody(a4). 84 Coca-Cola (2).___. 13 ' Colgate P-P (150¢) . 39% Collins & Alk 13___. usw 107% Collins & Ak pf () 24% 144 Come'l Solv ( % 28Y% Col Fuel & Ir (new) 21% Colo & Southern._. 19% Colo & South 1st pf 14 Columb G & Eadlo. 90% Col G & E pfA (6)_. 31 Colum Pict vte (t1) 42% Colum Ploov pf 2%. 94 Colum Carb vtetté) 44 Comcl Credit (14) . 66 Com'l InvestT (t4). 160c) b Dividend Rate. Add 00. High. THE EVENING STAR, WASHINGTON, D. C., MONDAY, NOVEMBER 30, 1936. CLEARINGS RISE TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE Private Wire Direct to The Star. 16 p.m.. Net Low. Close. 15% 10 1 27% 34 )x 2 35 34 1101 101 101 -1 2 884 884 88U — % 4 40 395, 395 m- 69% ssu 693, —m 65 65 5 123% mu 128% +1% 13 53% 624 62% -1 2 924 91% 9% + % 4 68 66N 66% —1% 1112 112 112 +1 2 14% 14 144% 32% 28 99% 6% 33% 29% sFrss rer 2% 27 4 B 296 41 T+ 1+ + SEFEFEFS 35 1%1) FEEFTES FEF 1 +1 = s 14+ + 1401 RELL i | I (N [~ & F FELE EX FREFRELESE (RABEANE L E SR X 4K 2 i 1+ | FERFSEFE SR ##:sts#x;:?rr# FESE -5 560- = 15 178 I++++ 11+ 1+++114+++0101) 14+ oo & 24 6 45 61 126% 124% 124% —2% 3 20% 20% 20% + % 290s 89% 88% 88% — % 7 12% 11% 124 + % 5 354 334 34% +1% 50; 1111)% 1}0% 110% + % 15 100s 100s. 61 18% 18% 18% — % 1 106 104 104 37% 37K - “ ‘ Cflfi 42 42 ~1 2120 120 120 l 7‘“ 5% 6% —1% 85% 85% + 4 I'l lflfi 164 16k o A\ Prev. 1036 82 13% 44% 9% 185 166 4015 157 47% 1% ™ 19% 82 89% b54% 1% 3% 26% 69 15% 97 10% 184 34l 157 407y 8% 5% 243 703, 56% 2% 99% 92 12% 5% 6 46'% 493 34% 57t 45 11% R 27 46 75 534 T 2% Comw & Southern... 8 Consol Cigar........ 124 Con C prof ww 634. 65% Consol Cigar pf (7). 27% Consol Ed NY 3. 4% Consol Film. 164 Consol Film pf ($2) 3% Consol Laundries.... 11'% Consol Oil (160¢).-. 5'4 ConsolR R Cuba pt. % Conso! Textile (d). 2 Cons Coal (Dsl)vte. 12% Cons C (Del) pf vio 15% Container Corp (11) 10% Contl Baking (A)... 1% Contl Baking (B)... 67% Cont’l Can (13) .. 174% Contl Dia Fibre(2). 354 Contl Insur (11.20). 214 Contl Motors .. 281 Contl Oil (Del)all4 25% Contl Steel Corp(1) 55% Corn Ex BK&TT (3). 63% Corn Prod Ref (13). 4 Coty Ine... 24 Crane Co.oeeeeeace 35 Creamof Wh (2)__. 15% Crosley Radioall _x 43% Crown C'k& S (a4)_ 46% Crwn C&S vt ww 33§ 45% Crown Ck pf xw 2%. T4 Crown Zelleb’k vic_. 28 Crucible Steelo... 35% Cudahy Pkg (2%) 6'4 Cuban-Am Sugar—_. 63's Cuban Am Sug pf_.. 167 Curtis Publishing.. 99' Curtis Pub pf (7)... 4 Curtiss Wright____ 10% Curtiss-W (A) a50¢ 43% Cutler-Hammer t1. 7% Davega Stores 1300. 52 Deere & Co. 191 Deisel-Wem-G (11) 36% Delaware & Hudson 147% Del Lack & Wes' 42 Devoe&kRey (A) (2). 30% Diamond Mtch t1%. 37l Dia Match pf t1% . 18% Dist Corp Seag Ltd. 19 Dixie Vortex (1% ). 41'5 Dome Mines (12)_.. 29 Dresser Mfg(A) 13 Dresser Mfg(B)al- 4% Dunnill Internati 115% 114 Duplan Silk pf (8) . 184% 133 Du Pont de N a6.10. 5% Eastern Roll Mills_ 156 Eastman Kod (16)_. 152 Eastman Kod pf(6). 284 Eaton Mfg (12) 5% Eitington-Schild._ 30% Elec Auto Lite (a2) 115 110% Elec Auto L pt (7). 10 Elec Boat (a60c)... 5% El & Mus Ind al8c.. 6% Elec Pw & Lt_ 2914 Elec Pw & Lt §6 D! 32% Elec Pw & Lt $7 pf_ 42% Elec Stor Bata2¥% _x % Elk Horn Coal (d).. 1% Elk Horn Cpf (d) 22% El Paso Nat G(1.60) 53! Endicott-John (3) . T'3 Eng Public Service. 55 Eng P S $60pf (312). 5% Equit Office B a20e. 16 Erie RR 1st pf. 12 Eureka Vac C (80c) 23% Evans Product(i1). 4% Exchange Buffet_. 2% Falrbanks Co.. 814 Fairbanks Co 343, Fairb'ks-Morse(t1) 31% Fajardo Sugar (2).. 18% Federal Lt & Tr: 84 Fed Lt& Trpf (6)-. 37 Fed Min & Smelter.. 7% Federal Mot Tr 406. 3 FedScrew Works__. 2% Fed Water Sve (A). 20% Fed'd Dept Stal.60. % | 1153 106} Fedtd DScupf4%. 38 Fid Phoe F 1 (11.20) 247% FirestoneT& R (2) 40 First Nat Strs (2%) 30% Flintkote Co (1)___. 37 Follansbes Bros (d) 32 Food Machine (1).. 24'% Foster-Wheeler____ 30% Fourth Nat 1al.46. 2314 Freeport-Texas (1) 135 108 Freeport-Tex pf(6). 47% Fuller Co pr pt. 31% Fuller Co 24 v 3% Gabriel Co (A) ... 1 Gabriel rts__Nov 25 11% Gamewell Co . Gar Wood Indust __. 814 Gen Am Investors. 42% Gen Am Trans (a3) x 10% Gen Baking (160c)—. 7 Gen Bronze.eeeeee. 5% Gen Cable.caecaee 17 GenCable A ccaeea 51% Gen Cigar (14) —ceee 34% Gen Electric (1) ... 33% Gen Foods 11.80) . 7% Gen Gas & Elec (A) 14 Gen G&E 6%cvDfA 19 Gen Gas&El 1% pf. 58 Gen Milis (3)_ 53% Gen Motors (a413)- 5% Gen Qutdoors Adv_. 18% Gen Outdoor Adv A. 38 Gen Print Inka2%. 3% Gen Pub Service.... 32'% Gen Ry Signal (1) 2 Gen Realty & Otil_.. 26% Gen Realty & U pf_. 33% Gen Refrac (a2%)-x 3214 Gen Sti Casting pf 17 Gen Theatre E (a2).x 30% Gen Time Inv (1)__. 13% Gillette Saf Ras (1) 50 Gillette SR pt (6)~ 6% Gimbel Bros. .cceee 39% Glidden Co (2)---— 52% Glidden cv pf(2%)- 3% Gobel (Adolf).... 6% Goebel Brew ('!0«) 13% Goodrich (BF)._ ___ Goodrich(BF)pf(§) 21% Goodyear T & R 87 Goodyear $7 pf (4)- 814 Gotham Silk Hose.. 2 Graham-Paig: 1% Granby (24 st] 3% Grand Union ctfs._. 16 Grand Un pf (31%) 24% Granite City 8tl (1), 281% Grant (W T) (1.40) 32% Grt Northern pf._. 16 Grt North'n Ore (1) 31 Grt West Sug (2.40) 149% 186 Grt West Sug pf(7). 39% 17% 3% 63% 19% 63 22 Green (H L)Co(11) 15% Greyhound ({80c) n 1% Guantanamo Sugar. 24 Guantanamo Sug pf 9% Gulf Mobile & N__.. 28% Gulf States Steel__. 129% 105 Gulf Sta Stl 1st $21. 37 14% 32 33 Hack WpfA(1%). 6 Hall(W¥)Printing. 14 Hamilton Wateh.. 105% 100 Hanna (M A) ptf (5) 52% 18% 30% Harb-Walker (12).. 12 Hat Corp of Am (A) 115 104 HatCprww (63%).. 9 21% 4% Hayes Body .. __.. 12% Hecker Prod (60c) .. 141 117. Helme (G H) (15).. 41 2514 Hercules Motor (1). 135 126 Hercules Ppf (1) 44% 30% Holland Furn (al)_. 116 W8 Holland Fura p1(6). 33% 40% 44% 33 T0% 12% 63 9 Hollander (t506)... 19% Holly Sugar (12)... 39% Houd-Hersh(A)2%. 22% Houd-Her (B) t1%. 54% House Fin A (13).. 6% Houston Ofl vto___. 48% Howe loua (13) e 3% Hudson & Manhat_ 8% Hudson & Man pf... 13% Hudson Motor Car. 1 Hupp MOtOFS e 18% [llinois Central. ... 4% Indian Refin (a1)_.. 25% indus Rayon (1.68). 88% Inland Steel (3).._ x 6% Inspiration 5 InsSh Mdcfsazle. 11% Inter Rap T vte (d). 9% Interiake lron..... 2% Int Agricultural.... 41 22% Int Agricul pr pf-— 190 160 int Bus Mach (16).. 101% 56% 5% 8 66% 21% 10% 4% 97 Int Harvester 3% .. 2% int Hydro Bleo (A). 4% Int Mercantile Mar. 43% Int Nickel (21.30)__x -3% Int Paper & Pw (A) 2% Int Paper & Pw (B) 1% Int Paper & Pw (C) 20% Int Paper 7t Pwpf__ 48% 37 Int Print Ink (2)_.. 112 107 Int Print Ink p£(§). 11% 61% 35 . 3% Int Ry Cent Amer.. 19% Int Rwy Cent A pf-. 90s 15 . Int Silves. ) 2:18 p.m. Stock and Bales— Low. Dividend Rate. Add 00, High. !fl". m.m 83 4 1908 6 » vefruBlonasnnnes - S 60 forey Seo e 36% 36% 13% 13 2 31 30% 30s 102% 102% 3 50% 504 4 17% 1% 20s 105 105 8 6% 64 10 13% 13% 1127% 127T% 3 38% 38 208 129% 129% 16 43 42 ll)l luV- lll% ll ‘0 88“ 42% 42% 28% 28% 66% 66% 10% 10% 58% 158 4% 4% 12% 12% 20 19% 2 1% 4% 2¢ 18% 121 - 3 - - NNERCANNS A~ 14% 4% 5% 62% 20 10% 4% 9l 2 4T% 4% 10s 111 111 10s 10 9% L3 3 33, a% 3% — % +++000 0+ FFETESEES 4410 =3 P FEERFT RS *+LE1 1040 3 FPSEEEETELEES LI+l 4+1+4++00+0 10 144+ T [ T 36% + % 13% 31 + % 102% — % 50% — % 1% - % 106 - % 6% 13% .. 127% 38 129% 43 + % 114% + % 21% - % 39% +1% 42% 28% — % 66% —1% 10% — % 58% + % 4% — % 12% + % 19% - % 1% = % 24% 12% - % 39% 38% 1 03 ll’l’." 9% uu -1% Prev. 1036 High, 23 19% 37% 107 31% U1% 2:15 p.m. Stock and Low. jvidend Rate. 50 Int Silver pf (34) 11% Int Tel & Tel 10% Interstate D S at0c. 82 Int Dept Stra p.l(‘l). 24% Island Creek ( 88 Johu-lunvulo 13.. lZGK 121% Johns-Manv pf (7). 6% Jon& L 1% pf31%. 39% Kalamazoo S (11)._. 13 KansCity Southern 19% Kans C S pf (al) .. 17 Kauf'nn DS 11.60__ 24% Kayser J&Co(al%) 20 Keisey-H (A) al%. 18 Kelsey-H (B) all;. 14% Keivinator (160c) . 87 Kendall pf A«(16) __ 28% Kennecott (al.70) .. 17% Keystone S&W (3). 18% Kimberly Clark(1). 3% Kinney (G R) Co-.. 30 Kinney (GR) pf... 4% Kresge Dept Strs_.. 201 Kresge (S S) (t1)__ 19% Kroger G&B(11.60) 20% Laciede Gas (St L). 82 Laclede Gas St Lipt 15% Lambert Co (2) ... 7% Lane Bryant._. 12 Lee Rub&Tire(60c). 15% Lehigh Port Cmt t1. 2 Lehigh Valley Coal. 9% Lehigh Val Coal pf. 815 Lehigh Valley R R 89 Lehman Corp (13).. 12 Lehn & Tinkal% __ 3714 Lerner Stores (12)_ 47% Libbey-Ow Gla3%. 7 Libby, McN & Lal. 25 Life Saver (11.60) . 97 Ligg & Myers (14)_. 97% Ligg&Myers B (14) 19 Lily Tullp Cup(1%:x 25% Lima Locomotive.. 36 Link Belt (11.20) .. 32% Liquid Carb(1.60).. 43 Loew's Inc (12).... 2 Loft Inc 35% Lone Star Cmt(12) - 3% Long Bell Lum (A) s 21% Lorillard (P) 11.20_x 1\0‘1 24! 131 112 126 12% T6' 613 26% 9% 33% 4 T 28 103 68 59% 1 43' 27 284 12 24% 33% 3T 310% 115 11% 35'% 59 106% 36% 57 4% 31% 174 54% 25% 19% 39% 20% 164 21% 152 141 Lorillard (P) pf(7) x 13 LaOfl Refpf (d)... 20 Louisv G&EDpfA 1% 57'% Louis & Nash (a6) . 22% Ludlum Steel (1) 29 Mc Call Corp (12 12% McCrory Store 16 McGraw Hill Pub__ 38% Mcintyre Porcu (2) 85 McKeespt Tina5%;. 8% McKesson & Rob. . 37% McKess&Rob pf(38) x 11's McLellan Strs a20c. 27% Mack Truck (1) 40% Macy (R H) Co (8)- 8% Madison Sq G t60c .. 3412 Magma Copper (a3) 1% Manati Sugar (d) .- T% Manati Sug pf (d)_. 4 El md gtd (d). 815 Marine M1dld (40c). 14 Market St Ry...... 4 614 Market St Ry pf_. 2% Market St Ry 2d pf. 18% Market St Ry pr pf. 41 Marlin-Rock (12)__ 11'4 Marshall Field & Co 6'3 Martin Parry .. 27% Mathieson Alk(1%) 43% May Dept Strs (3) .. 1313 Maytag Co (a50c) - 46 Maytag pf ww (3)_. 103 Maytag 1st pf (6)-. 12% Mead Corp 9715 Mead Corp pf (6) b55% Melville Shoe (5)-... 67 Mengel Co. 50 Mengel Co 40% Mesta Mach 53‘/ 5% Miami Copper 17% Mid-Cont Petal.15. 21% Mid Stl Prod (a2).. 110 Mid Stl1st pf (8)__ 65 Minn-Hon Ros 11%. 106 Minn-Hon R pt (6). 6% Minn Moline Pwr__ 57% Minn Moline Pwr pf 2% MStP&SSMisin. 16% Mission Corp(a4ic). 5'3 Mo Kans & Texas _ 144 Mo Kan & Tex pf A. 2% Missouri Pacific(d). 37 Mo Pacific pf (d) . 19% Mohawk Carpet (1) 79 Monsanto Chem(t1) 35% Montgom Ward($2) 42 Morrell J & Co 2.4V % Mother Lode.. 28% Motor Prod (12 154 Motor Wheel (1.60). 11% Mullins Mf(B)as0c. 70 Mullins Mfg pf (7). 21 Munsingwear (13)._. 44 Murphy G C (12) 14 Murray Corp (830¢) 15 Nash Motors (1)... 20% NashvChat & St L. 21 I\ t Dairy Pro nl’a’. 107% Nat Dairy P pf B(7) 10 Nat Dept Stores_... 25% Nat Distillers (2).. 28 Nat En & Stbg (2)-. t Lead (150¢)..— 7 Nat Ry Mex 1st pf__ 13 Nat Ry Mex 2d pf.. 57% Nat Steel (134)— 7% Nat Tea (80c)_ 10% Natomas (180¢) _.. 32 Neisner Bros (12) - 41 Newberry(JJ)2.40. 9 Newp't Indusaéic.. 3214 N Y Afrbrakea2%_x 27% N YCentral RR___. 17% N ¥ Chicago & St L. 36 NYChi&StLpf 30208 29% NH & H pf (d)_. Ontario & West 57 N Y Shipbldg pf(7). 93% N Y Steam 1st (7). 210 Norfolk & W (18)__ 105 *Norfolk&Wn pf(4)- 6% North Am Aviation. 23% North Am Co (1) 52% North Am Co pf (3) 98 North Am Ed pf(6) 23% Northern Pacific__. 50 Northwest Tel (3)_. 2 Norwalk Tire&Rub. 19 Norwalk T& Rpf_. 12% Ohio Oil (a60c) . 24% Oliver Farm Equi) 17 Omnibus Corp vto_. 8 Oppenheim Collins_ 12% Otis Steel_ 128 Owens-I11 Gl (26) .. 13 Pac Am Fisher (1) 31 Pacific Coasf 8% Pacific Coast 1st.... Bales— Add 00. High. Low. Close. 5108 Cnge. 208 924 91% 91% —1% 84 134 12% 12% — % 35% 36% — % 106 106 30 30 6144 139 144 +3 10s 126% 126% 126% +1% 308 12! 126 126% + % 4 50 +1% 18% — W 42% + % 35% +1% 27% + % 24% + % 21 1% 224 107 581 — % 19% - % 36 6% + 1% 60 +5% 15% - % 1++ 108 908 1+1+ +++++ o FFEFPEEFEF Rl P F&E | [ &8 OF ++110 FEEPEE SFEFS I+ © 40 1% 4 10% s 4% 13% 81 9 1081 108% 285 285 L++41 ) = e FEEFFE 10% 33 54% s 102 26% 53 1, 1L+ FOEFEFF o 30s 4 10 12 - FE R FFIFF FIHIHL L +4+ - 508 4% Pacific Coast 2d__.. 310s 34 Pacific Fin (1.80) .. 30% Pacific G & B (13%). 47% Pac Light (12.40).. 14% Pacific Mills (a1) 140 Pacific T&T pf(6 11% Pac West'n Oil af5c 6% Packard Mot(a45c). 12% Pan American Petr. 1% Panhandle Pro & R. 18% Panhandle P&R pf.. 67 Paraffine Co (12)... 7% Paramount Plct. ... 59 Paramount 18t pf.. 8% Paramount P 2d pf. 2% Park Utah. 40% Parke Davis (a1%). 23 Parker Rust P t134. 4% Parmeles Transp’t. 6% Pathe Film Corp—— 10% Patino Mines. oo 1% Peerless Motor ... 69 Penney(J C) (a7%) 3% Penn Coal & Cok: 4% Penn Dixie Cement. 28% Penn DixieCpt A__ 17 Penn Glass cfsa50c. au Penna Railroad(a2) Peoples Gas Ch: 25% Pere Marquette 6414 Pere Marq pr pf 120 12% Pet C'p of Am af0c.. 10% Pfeiffer Brew (1.20) 25% Phelps Dodge al% . 45% Phila Co 6% pf (3). 3% Phila Rap Tr (4). 8% Phila Rap Tr pf (d) 2280s 1% Phila & Read C& 1. 66 Phillip Morris (3)_.. €8 Phillips Jns pf (1) 38% Phillips Pet (a234)- 5% Hoslery. Phoenix e 70 Phoenix H pf (3%)- - Plorce Ol PLemeceee o +++1 l+|t‘ FEEE ¥&P ¥ ‘l uzu lWK l.ll% 5 I% J’A + % G'Wl + % 20% 4%+ % 52% — % 4% - % % 39% — % 108 -1 15% — % 11% 55% - % 52% — % 8 +1 im +1 2% 8% —1% 87 - % 48% — ll% + % 13 8 108 28 4 308 1 Net Prev. 1936 High. Low. 2:18 p.m. Stock and Dividend Rate. 49 Pitts Bteel pf 1% Pitts Term Coal._. 14 Pitts Term Coal Dl 21 11% Plymouth Oi1 (t1 ) - 12 Poor & Co (B) 4% Porto R Am Tol 1% Porto R Am Tob B_. 6% Postal Tel&C pf (d) 17% Pressed Steel Car__ 17% Press Stl C 1st pf ~ 57' Press St Car 24 pf n 40'% Proctor & Gam t1% 39 PubSveNJ (2.40)_ 113 103% Pub8ve N J pf (5). 130 113'% Pub Sve N J pf (6) . 65% 24% 118 133% 103 Pure O11 8% pf. 20% 14% 36% Pullman Ine (1%)—. 16 Pure Oll_ 913 Pure Ofl 6% pf_____ 9% Purity Bakeries 40a 9% Radio Corp... 681 Radio Corp pf A 3% 5 Radio-Kelth-Or (d) 11 RRSecillCent __. 287 Raybestos-M t1%5__ 37 Reading 24 pf (2).. 9% Real Silk Hoslery.. 654 Real Silk Hos pt. 17 Reis (Robt) 12% Reis (Robt) 1, 12' Reliable StrsasOc.. 17% Hem Rand (160¢) _ 86 Rm Rnd pf ww 4% _ 4% Reo Motor Car . 16% Republic Steel 77 Repub Steel pf $12._. 10 Revere Copper 90 Revere C&Bpfall 22% Reynolds Met (1) 25 Reynolds Spring 11 50 Reynolds Tob B (33 8% Rhine Westphalia 19'5 Ritter Dental a25 32 Roan Ante Cal.12_ 74% Ruberotd Co (1) ... 27 Safeway Stores(t2)x 114'; 110'% Safeway Strs pf (7) 22 121“‘ 1101 1413 487 6 37% 132 85 28'% 18t 129 13% 9% 24% 563 64 3t AT 454% 30% T04 40% 8l 4% 2 15 125 4814 63 28 37T 26% 357 19 13% 9% 103 50% Tia 149!‘ 108% Union Pacific (6) St Joseph Ld (al) .. 1'5 St L-San Fran (d) .. 2% St L-San Fr pf (a). 11 Savage Armsal) _. 37% Schenley Dist (13)_ 974 Schienley D pf (515) 1% Schulte R Strs (d) .. % Schulte RS pf (d).. 7 Seaboard Air L (d). 2 Seaboard A L pf(d) 30'% Seaboard Ofl (1)... x 313 Seagrave Corp... . 59% Sears Roebuck (t2) 2% Second Natl Invest 61% Sec Nat Inv pf $2.90 158 Servel Inc (t1) __ . 20% Sharon Steel (a1.20) 89 Sharon Sti H pf (5). 4% Sharpe & Dohme___ 304 Sheaffer Pen (2) 14% Shell Un Oil (a23c). Shell UnOll pf 6% . 8% Sliver King (60c) .. 19% Simmons Co (a3)_ 313 Simms Petrol . 195 Skelly Of1 . __ 112 Skelly Oil pf (6) __. 54 Sloss-Sheffield Stl_. 21 Snider Packing 12!5 Socony Vac Ofl aT0e 3% So Am G & P(allc) 26 South Port S (12) _ 25 South CalEd (1%). 23' Southern Pacific 123% Southern RIH'\I’_ 19 Southern Ry pf. .. 63'% Spalding(AG)1st pf 5% Sparks- Withington 157 Sperry C'p vte (al). 13% Spicer Mfg (a3) __. 44 Spicer Mfg pf (3)_. 63 Splegel-May-8 (3)_ 21% Square D(B)a62%e 14% Stand Brands t80c_ 1207 Stand Brands pf(7) 915 Stand Com Tobacco 5 Stand Gas & El (d)_ 913 Stand G&E $4 pf (d) 24%, Stand G&E $6 pf(d) 26% Stand G&E $7 pt (d) 2 Stand Inv Corp___ 35 Stand O of Cal (t1). 32% Stand Oll of Mnd t1_ 25 Stand Ofl of Kans _ 51 Stand Oflof N J (11 24% Starrett (LS) 1.140_ 65 Sterling Prod 13.80_ 16 Stew-Warner t50c. 14% Stone & Webster. 9% Studebaker Corp. 118 Sun Oll pf (6) 27 Superheateras2izcx 3 Superior Ofl_. - 9% Su 20% Swift & Co (11.20) 284 Swift Intl Ltd «2)_. 15 Symgton-Gould ww. 12% Symingtn Gould xw 6% Telautograph (60c) 5% Tennessee 287% Texas Corp'n (t1). x 4% Texas Gulf Pr (a5c) 33 Tex Gulf Sul (2)_ 28 Texas&PacRR _. 714 Tex Pac C & O a25e 9% Texas P L T (allc) x 337 Thatcher Mfg (t1). 8% The Fair__ 8's Thermotd Co 3% Third Avenu 23% Third Nat Inval.ls. 24% Thomp Prod (all). 47 Thompson Starrett. 26 Thompson Star pf_.. 14% Tide W Asso O 60c. 12% Timken Detroit(t1) 56 Timken Roll B (12) 11 Transamerica t40c. 147% Trans & Westn Alr. 10% Transue & W(f50¢) T4 Tri-Cont Corp a25c. 4% Truax-Tra C(a25c). 74 Truscon Steel 2214 20th Cent Fox (a2)- 31% 20th Cent Fpf 1% 8% TwinCity RT._. 65% Twin City R T of. 2% Ulen& Co __. 74% Und-Ell-Fish (l2% ) 381% Union Bag&Pap (2) 71% Union Carb & C 3.20. 20% Union Oil Calif (1) x x 90%4 Union Pacific of (4) 20% Unit Alrcraftailc. x 13 United Air Line vte. 16% United Am Bosch_.. 24% United Bise (1.60) . 68 United Carbon (13). 5% United Corp (a20c).- 40% United Corp pf (3) 10% United Drug (a75¢). 16 Unit Dyewood(1).. 4 United Elec Coal 3214 Unit Eng & F (2).—. 66% United Fruit (13)_. 1414 United Gas lmp (1). 113!6 109 United G Imp pf (6) 2 U S Distributing._. 10 U S Distributing pf. 13 US& For'n Secur.. 91 US&ForS1st (6). 24% U S Freight (11) ... 80% U S Gypsum (12) 169% 160 U S Gypsum pf (7). 20% 69 9% 8% U S Hoftman . 81% U 8 Indus Al 4% U S Leather vic 10% U S Leather A vte__ 21% US Plpe & Fy(1%4). 7% U S Realty & Imp._.. 16% U S Rubber. 47 U S Rubber 1st pf_. 2% U S Smelting (a10). 144 131 U S Tobacco (15)-.. 8% 102 7 2% 5 United Stores (A).. 67% Unit St pf $11.81% .. 8% Utll Pwr & Lt (A) 1 Vadsco Sales Corp.. 54% 30 Vadsco Sales Co pf. 27% 16% Vanadium Corp--_- 28% Van Raalte (a3%)-. 48% 40 Vick Chem (12)... 4 Va-Car Chemical._. 28% Va-Car Chem 6% 4 Va Iron Coal&Col 70 Vulcan Detin (a8)_. 2% Wabash (4) .o —ceen 5 Wabash pf A (d).. 30 Walgreen Co (2)... 1]8 114% Walgreen pt (63%)... 26% Walker (H) (3) e 5% Walworth CO- e 10% Ward Baking A-———— 2% Ward Baking B 9% Warner Bros Pict.. y. w-ra-raun @ arren Bros. Il ern- Fdy&P(11) 13 108 Safeway Strs pt (6) 110s 23 18 15 23 1 3 58 139 1 3% FINANCIAL Add 00. High. Low. Close. l?hl.‘ 17 24 24 2% I+ 4+ FEEFEFE FREEFEFF e+ HLH L0 VLRl VLI +E+0 0000 [N STOCKS REDUCE EARLY RECESSIONS Specialties Hold Spotlight, Selling Brings Losses of Fractions to $2. Stock Averages 30 18 Net change "3 "4 Today, noon 97.5 Prev. day... 978 Month ago.. 95.1 o ol 526 527 528 423 537 434 447 39.0 394 412 288 435 30.2 31.2 1935 0W.... 495 185 218 348 1932 low.... 175 87 239 169 1929 high...146.9 153.9 184.3 157.7 1927 low ... 51.6 95.3 61.8 618 (Comptled by the Associated Press.) ns 7.8 1.0 54.0 1728 55.7 56.1 BY VICTOR EUBANK, Associated Press Financial Writer. NEW YORK, November 30.—Afte stumbling over light selling during the | greater part of today's session the stock market did better in the fina hour and pared early losses of frace tions to around 2 points Demand for specialties furnished the principal ammunition for sup- port. Transfers approximated 2,100, 000 shares. Hesitancy of pivotal issues was at. tributed by analytical quarters partly to the sharp advance of the list over the past several weeks and partly t¢ the cloudier foreign picture, Domestic business trends, including dividends and earnings, were still or the optimistic side, although somq cbservers thought substantial economi( improvement generally may have beeg discounted in some respects, Helpful were the figures of thy American Iron & Steel Institute, dise closing production this week had picked up 1.6 points to 75.9 per cen) | of capacity, equaling the year's higk | mark. NEW YORK COTTON BY the Associated Press. NEW YORK. November 30—Az advance above the 12-cent level fo December cotton today, as neas months strengthened further on trade covering, met renewed hedge selling and liquidation during the afternoon % | March reacted from 11.85 to 11.7 | LB ME LSRR ++1+01+01040 +4 4 SEESESE ¥ Fil++l++01010 FEL AL L FFEPEESEFESEEETES RGOS & | 44+ 5 T6% 14615 146% 87% 2 116% 115% 115% % 9 7 4% 11% 47 6% 1T% 2 10% 31% (Continued on Page A-10.) 1% — % 105 — % 314 +2% EFEF F OFFFES < but in midafternoon was selling 11.80, when prices were generally { to 5 points net higher, except October which was 2 points lower. Cottonseed Oil. Bleachable cottonseed oil future closed firm. December, 10.51b; Jans uary, 10.60; March, 10.74; May 10.84-85. Sales, 337 contracts, include ing 10 switches. b—Bid. |, Futures closed steady, ® higher to | lower, New Orleans Prices. NEW ORLEANS. November 30 (P.— Firsi prices on the cotton market todal 3 to 10 points higher. The advance was attributed to improvel foreign markets and active trade suppol March o BD housel were noted on the buyl Temperetares moved a littie higher ov most of the belt during the week end. wi some showers reported in the Westerd half. notably Texas. Cottonseed oil futures opened stead: December. 9.8%L: January. 9.07b; Marel 10.i1b; May, 10.23b. b—Bid. Liverpool Quotations. LIVERPOOL. November 30 ton. 6.000 bales. including ‘4.700 ) can. Spot, moderate business done; price 6 higher; quotations in ' pence Am 00d middling. 758 ood middling. i strict middling £%6: middiing strict_low middling 8541 Tow midaing. 6 hh sthice good o dinary. 5.79. good ordinary tures closed steady Decomh—r 6.53: March. £.52: May, point Erican 85: 6.4 CHICAGO GRAIN By the Associated Press. CHICAGO, November 30.—Livelj profit taking sales caused a moderat: | late reaction in wheat prices toda) | but failed to cancel gains entirely. A sustaining late influence was 492, 000 bushels decrease of the Uniteq States wheat visible supply to a tota | of 65,838,000 bushels. This contrastet with 75,434,000 bushels a vear ago. Wheat closed firm at the same a Saturday’s finish to % higher, Decems ber, 120'5a1.20%; May, 1.1773al.18 corn also unchanged to % up; Decems ber, 1.055a1.05'; May, new, 1.00'4 1.00%; oats at 'z decline to 'y ad vance, and provisions showing 7 to 3| cents bulge. Chicago Cash . Cash wheat, No. 1 hard, 1.273;; corn No. 3 mixed, 1.02-5'2; No. 4 mixed 1.0112-1.04%4; No. 3 yellow, 1.02-1.04: No. 4, yellow, 1.00-1.02; No. 3 white 1.07-1.07'%; No. 4 white, 1.05-1.05% oats, No. 1 white, 48';-49';; No. { white, 473;-50; No. 3 white, 47-4713; soy beans, No. 2 yellow, 1.35%-36; No 3 yellow, 134-1.35%; barley, No. 3 Illinois, 44 pounds, 1.18; feed, 60-81 nominal; malting, 1.00-1.40 nominal timothy seed, 5.85-6.10 hundredweight; new crop, 5.60-5.85 hundredweight; clover seed, 23.00-30.00 hundredweight uurpul Wheat Prices. 3 Winter. 1.23; November. i Winnipeg Prices. o2 EG. November 30 (P.—Oraly rang a: ange ¥ ‘Wheat, Dec. Oats, Corn Products Refining Co.—Des clared an extra dividend of 75 centd s share on common stock, Payable December 21.