Evening Star Newspaper, December 9, 1936, Page 20

A—20 xx» FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, DECEMBER 9, 1936. FINANCIAL. BANK CELFBRATES TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE B{YING SELECTIVE nmummumm 2:15 p.m. 2:16 p.m. 2:15 p.m. Prev. 19368 Stock and Bales— Net Prev. 1936 Stock and Bales— Net Prev 1938 Stock and 1t 3 Bfl Stock and __Sales— Net_ | Gigh. Low. Dividend Rate. Add 00. High. Low. Close. Chge. | Gigh. Low. Dividend Rate. Add 00. High. Low. Close. Chge. h. Low. Dividend Rate. Add 00. High. Low. Close. Ohlt " Dividend Rate.”~ Add 00." am:. lfl' ow. Olose. Chge. T4 4% Consol Film - 2 A% 4% 97% 20% Int Paper Pw pf 32 92 90% 9 28% Pillsbury F (1.60). 29% 29% 29% - % 3 4 66 -1 9% 3% Consol Laundries.. 8% 48% 37 Intl Print Ink (12)_. 4T% 4T% Ti Pitts Coal. _ 3 7 16% 17 +1 14% 15% 11% Consol O1l (160¢) .. 14% + % | 112 107 int Print Ink pf(6) 20s 111 851 Pitts Coal pf kit 72 +3% 17% Adams umll(n\t) 26% 5% ConsolR R Cuba pf. 1 10% 3 IntRy Cent Amvts 20s 9 T% Pitts Screw lbflic. 2214 Address’grapb( 1) ‘ < s t & T t i e L 34 :lh % Consol Textile (d). 61% 19% [nt Rwy Cent Apf. 20s b5ik 49 Pitts Steel pf 152 merican Security rus 58 Alr Reduction (11). 3 2 Con R . . 8 Alr Redust! ) 'm‘: 36 1zucnn:<%-‘l?;lt):: :gv. f; 11:':’:;;“:;:“‘ = 3;; % 1:% ‘Slii:'f‘%%.'p. e Rails and Specialties Up Has Remarkable Record 1 13 ‘Alaska Jun (1600)-. i 26% 15% Container Corp (1) 93 50 IntSilver pf ($4)__. 88 2% Pitts United Corp.. 1% : 140 35% 104 Contl Baking (A)-. 29 19% 11% Int Tel & Tel 12% 21 Pitts& W Ve Fractions to 2 or More. Of GI'OWth !;2 :}:u ctnrn‘{d“) i 6’1’. m; ‘_II!V: g:nt: B-k:u ‘?'li " 37% 10% Interstate D S a0c. 34% 34 % 1% Pittston Co . '8 Oth N I t d 2 2% Alleg Df w30w (d). nt] Baking pf (8). 14 88 3 ¢ ‘ 11% Plymouth O11 (1) 4 . E 124 Alleg pf wS40w (d). 57 874 671 Cont’l Can (18)____. 192 6% Jond lh.‘:;v:!ll;‘lvi) 700 188" 130" 130" *1%) 59" 12 Poor&Co (B). .o ers Neglecte BY EDWARD C. STONE. 1234 Alleg Df xw (d) _ 27 Allegprof (4) 57 24% 17% Contl Dia Fibre(2). 4% Porto R Am Tob A. 50% 39% Kalamazoo 5 (11) 48 4T 4B 41% The American Security & Trust G0, | 40% 26% Alleg Steel (a1.40)— 46% 46 35 Contl Insur (11.20). 1% Porto R Am Tob B_. 3 Stock Averages Corcoran Thom, president, is cele- | 245 157 Allled Chem (6) ._. 4 214 Contl Motors z 3 121 116 KC P&L 1st pf B(6) 118% 118Y% 118% +1% 6% Postal Tel&C pf (d) 34 23 Allled Mills (aB0c). 37y 3T 9% +1 232 231 39% 28% Contl Ol (Del)a1%. . [ nansity Beatien Hloes 24% 174 Pressed Steel Car_. brating its 47th anniversary today. 31% 30% 30% — %| 46 25 Contl Steel Corp(1) ;" Kauf'nn D § 1.60__ 32% ;'z”‘ 324 .| 241 175 PresssucCistpe- o e g ers -| 204 “6u Alited Stores 184 175 €94 B5 Corn Ex BR&Tr (3) 64 " ) B e Saw owe| 0% 5T PressStCar2aptn Net change. +.1 +5 unc. +.3 During the 47-year period the bank | 711 35% Allis-Chalm (11%). W T 63% Corn Prod Ref (13). 0% 69% 20 Balaay ICA) 1% 234 2 20e T w| 544 40w Proctor & Gam 113 Today, noon 958 38.9 517 704 e e 3452 13% Aloha Port C(ai ). 1 3l 162;/: 158 Corn Prod R pf (7). 168 +13 e e e & aanE 1174 Previous day $5.7 384 517 702 business growth . 3 A R o s mules = 2N 28% Kennecott (21.70)_. 46 58 578+ %] 113" 100 Pob S N o 1060 Month ago_. 993 411 517 727 from 132 deposit G 9 49 Am AgCR(DDal C 3 484 +1 L - 728 30.0 434 548 accounts a nd jd 37 Am Bank Note (+1). 861 3T% 35 Cream of Wh't (12). 6 - % sy > it 130 1134 Pub Sve NJ pt (6) 121 g ‘ 39% 39% 35% 15% Crosley Radioal . 28% — % B4 55 +1% 367% Pullman Ine (1%).. 61% 99.3 435 537 728 $260,000 deposits 40 Am Brake Sh (12) 3 65 64%a 65 91% 43% Crown C 'ké& S (a4)- 4% 431 135 13% 16 Pure O11 w 18% 734 30.2 434 557 in the first year, : % 137% 116% Am Can (t4) ... 12 118% 1184 118% 5 3% Cr'n C&S rts Dec 23. 4% + % 29‘;' 29 4 9% Purity Bakeries (ll 18% - 763 312 447 56.1 O A 3 7% Am Car& Fdry pf. 2 Ol Slw o1k 1500 S0 Crnciie :t:;lu 15' T e 19% Kroger G&B(11.60) A e e U (‘d‘? 5 "o P and more than 69 31 AmChain(al) ... 18 691 66% 69' 3% 1% Cuba Co % + % 15% Lambert Co (3).. 1914 v 11 RRSee Il Cent_. Y high._146.9 1539 18431571 $50,000,000 in de- ; $ 87% Am Chicle (14 2 100% 100% 100% 20 9 CubaRRpf 18 7% Lane Bryant _ 14% 4 35% Reading (2) _ 5 low..... 51.6 95.3 618 618 posits during 714 Am Colortype 1 144 141 14% 6% Cuban-Am Sugar. 2 124 + % 12 Lee Rub&Tir . " 37 Reading 2d pf (2)_ 1936. Assets have 3 ¥ % 20% Am Comcl Al (ab0c) 13 126 68'5 Cuban Am Sug pf. 126 +1 ke 9% Real Silk Hoslery reached as high - 2 16% Am Crystal S(a50c) A . ‘ 4415 3513 Cudahy Pkg (2%). 38% — %| .4 -2 Lehigh Valiey Coal 31 E 651t eel Sl Lt CHI0E) 120. 8s $60.000,000 this N 3% Am Encaustic ___ i . & 614 Am & Foreign Pwr_ FE WA LR RN~ O NONDIDEN® L+ l ++ ++4+0 EFEEFEE » .o so ® EE EEP ¥ 1 ©° > (Compiled by the Associated Press.) 2815 24% 167 Curtis Publishing. 19% 9% Lehigh Val Coal pf. 17 Rets (Robt) - 23 BY VICTOR EU V| 0 G 22 R4 Lehigh Valley R R_ ‘ il year while assets 25" Am & For Pw $6 pf. S ‘Vx g““:::- Pg‘;t;lo.fh("l).- ll;\s 8 Lot anCon (8- i%t g:ilflbzgl‘l"la)i‘;e—-l l2l Assoclated Press Financial Writer, 21% 10% Curtiss-W (A) a5be 20% 37% Lerner Stores (12). B 623 4% Reo Motor Car_____ 9 5 DN TORE. Decunher 8- The 83 43% Cutler-Hammer 1., 793, 47% Libbey-Ow Gla3%. 5 : % 16% RepublicSteel . 83 " stock market today found its principal 19% .,l_ Davags Siores 1585 19 7 Libby. McN&Lal_ ? a8 77 Repub Steelpf $12_. 2 315 —1% | comfort in the ability of rails and 101% Deero & Co . 95% 3;“ t‘lzs:nui::lal:::)-» 3 3 }oi»‘ T84 RepStiprpf A (6). 2102 ¢ 9 specialties to press forward 3‘2"- DD:::O'I‘:‘;.:.\:?.;::I)‘ FR&EMy 3 = v B 10 Revere Copper 3 As favored issues moved ahead frac- 54% 3 2314 147 Del Lack & West Den&Rio GW pf () Detroit Edison (t4) Det & Mackinac.._. Devoe&Rey (A) (2) Diamond Mtch 1% Dia Match pf 113 _. Dist Corp Seag Ltd - + o+ ® #F congrolled in the 29% Am & For Pw 87 pf. trust department 12 Am & For Pw 2d pt. exceed $120,000,- 13 Am Hawatian (1) 000. The bank's present combined 4% Am Hide & Lieather. capital, surplus, undivided profits and 314 Am Hide & L pf (3). i 24 Am lce reserves for contingencies total more 1618 An Tecorii® Rhan a8 000 /000 9% Am Intrnat’l (ad0c) In addition to the main office, the | 4 281a Am Locomotive trust company maintains four branch 66 Am Locomo l;{l!zfi offices. President Corcoran Thom as- e fr‘n - Mach&Fdv(t1) : m Mach & Met 60c. sumed his duties when the late 714 Am Power & Light. Charles J. Bell relinquished the post R e Sy in 1928 after 35 years as active head 43 Am Pwr&Lt pf (6)_ of the company. Other officers in- 18% Am Radiator(t60c). clude: 23% Am Roll M (+1.20)_ Howard Moran, vice president; Wil- | § T g:::‘:::’:u‘;-))‘-. liam L. Beale, vice president and real 25% Am Shippide 12) estate officer; Frederick P. H. Siddons, 3 56% Am Smelt&Ref (3)_ secretary: James C. Dulin, jr. treas- | 104 Am Smé&Ref pf (6)_ wrer; T. Stanley Holland, trust officer: 5 20'% Am Steel Fdry (al) James D. Barrett, auditor; Albert H. 48% Am Sugar (2) 24 20% Am Sumatra Tob t1 Shillington and Robert L. Flather, 149%% Am Tel & Telog (9) P R s Corcoran Thom FOF SEEEPSIEEFSEESE 25% Lima Locomotive . 15 95 60t +1% | 63 s Hav, & 36 Link Belt (12) 5 S S e ecopmen Al 18 1| tions to 2 or more points, however, 82% Liquid Carb (2.6 ; 45 ; Reynolds Spring 1. 2 many of the recent industrial leaders 43 Loew'sino (+2) _ 64 50 Revnolds Tob B (3) 12 | were neglected. Prices and activity !o;% tg;!wl:elnc Pt (6%). i 3 5% Rutland RRpf . 1 picked up a bit in the final hour. The 4 2 9% 27 Safeway Stores(t2) 13 % | turnover was around 1,800,000 shares ab P E':;f'f",- 12 59 ; 2% 22 StJosephLd (al)_.x 46 43% Domestic business happenings were ; 4% 1% St L-San Fran (). 13 still on the cheerful side, but foreizn 38% Loose-Wiles (2) _ “ St L-San Fr § of (a)_ " y 21% Lorillard (P) t1.20. 14 St L Southw'n (d) | clouds were rather dark and a num- 13 La Ofl Ref pf (d) 908 BT Sown of (@) e i 1 ber of traders refused to relingu 20 Loulsv GAEDIA 1% Schenley Dist (13)- = 9% 52 their positions on the safety side-’ 57% Louis & Nash (a6) _. 714 Schenley D pf (634) 3, | lines. 22% Ludlum Steel (11) Schulte R Strs (d)_. Among the day's popular share per- gg ;ncculxldcn e Schulte R S of (d)_ formers were Santa Fe, New Yc fc Call Corp (12) . Scott Paper (12) __ T t : Co 12% McCrory Stores . 7 Seaboard Afr L «d). E:‘:;m‘\,[‘”_".;' Ps;;?r;rAt;lnmsxé ? 40'5 McGraw Elec (2) . Seaboard A L pf(d) ~ e preferred, South 16 McGraw Hill Pub__ Seaboard Ofl (1) STk 2T 3 1 | Railway preferred, Southern Pac:t 38% Mclntyre Poreu (2) Sears Roebuck (12) 967 95 14 | Northern Pacific, Great Northe s:“ l;‘lcll:'eenm 'l;lr;;oi!s- Sec Nat Inv pf 14.65 3 i Crown Cork, Holland Furnace, C ciesson Servel Inc (+1) 9 2 | solidated Coal, Walworth, Uni 378 McKess&Rob pf(3) aron Steel (a1.20) 3 - | States Realty, General Refractor 113 McLellan Strs a20c. Sharpe & Dohme Newnent: Tadust Allied s 278 Mack Trucks (1) _. Sheaffer Pen (2) s 4 : P netries; Stied Chemic 0 M (B hCo Shell Un Of] (a25c). : : | Westinghouse, Barnsdall, St. Jos: 3415 Magma Copper (a3) Shell Un O1l of 6% _ 25 : Lead, Houston Oil, Sparks-Within - 1% Manats Sugar (d) - Siiver King (60¢)__ + %! ton, Anaconda, Kennecott, Elect: ;l,. unn;nls;g ot (d) . Simmor:s Co (a3)_. 3 43 3ta +1% ‘ Power & Light, Chrysler and Deerr Biewe anATWIlinmiE: Benbotey. s Fovlre s s 201, Elec Pw & Lt Mandel Bros __. 5 33 Simms Petrol %o 3 United States Steel and Bethlehen sistant treasurers. 24 Am Zinc & L pr pf 9 39m B4, Elec Pw & Lt $8 pf_ S 32 e 1 > 1% | listless most of the time, did bette: | : . Sni 3213 Man Elev gtd (d)__ 33 3 | 13 Skelly Oil pt (6 & 2 The directors are C. A. Aspinwall, 28 AnacondaCop (t1) 130 49 22.: ;_‘l:;‘:;rkfil;tl:l;f 1 X 1714 Manhat Shirt (1) > o s Lk ) = near the fnish. Backward were ¢ William L. Beale, Gist Blair, Harry K. | 2 15l Anchor Cap 160e) x 1 19% 19 & i e : 21, Maraeatbo O11 Exp = 21 Snider Packing : £ s, | Montgomery Ward, Sears Roebuc Boes, George ‘W, [Brown, ‘Giarles AL [\111 197 HiAmebor Cap pr($ia) = 408 1081 3004 R el 5 813 Marine Midl'd t40c. 7 » | 17% 1214 Socony Vac Ol a70e 7 p w | Boeing, United Aircraft, J. I Cae 9 AndesCopper - 3 s e 1ia Market St Ry 208 3 n 3% So Am G & P(ailc; . ' | Consolidated Edison, Internationa - S acw 3 R A B - o LI P9 PP P o)~ F P ST Dominion Stores Douxlass Afrcraft . Dresser Mfg(A)a3. Dresser Mfg(B) al. Duluth 8§ Atl - Duluth S S & Atl pt. Dunhill Internatl Duplan Stlk (1) 1848 133 Du Pont de N 26.1 assistant secretaries: David N. Hou- | ;oo 133'¢< 129 Du Pontdeb (6 ston, J. Eliot Moran, Arthur G. o aatomc (8 9% 51 Eastern Roll Mill Nichols and Earl G. Jonscher, as- 87y Am Type Foundert 186 156 Eastman Kod (t6) sistant trust officers; Frank M. Perley, | 273, 19'a Am Wat Wksaé0c_. ISHCHDE | B nsn Ko Ant(e) trust investment officer; William W. | 923 Am Wat W ist (6)_ 3 ‘2," 2813 Eaton Mfg (12) ___ Keck, Edward E. Swan, Hans W. Ire- T Am Woolen 1938 Blonstonbcailg 23, ki £ (34)- 4Tl Elec Auto Lite 12.40 land, Richard E. Harris, Percy C. fexam Q;’“’l‘:‘:l‘.’"‘fd’_ 170 Elec Boat (as0c) Brady, Harry P. White, Charles C. % Am Writ Pap of (d) Th El & Mus Ind a18c " L8 +4+410 T+ 4444110 [ BRREAN DS N E - WY seFrssssss P2 ES I+ 9 w:arwun?vo O P T LT L To TS AL 1 O PRS- 1o I + & I++1 11+ | 3 - sEessEs 4+ + 1+ - & ;, x hed 7 % = &F TI4+b+ 44+ 1+ Carry, William M. Coates, Frederick | 5 3 Afdeeopbe S 2 ( W. Coleman, William W. Everett, Wil- | g0 37 Archer-Dan-M (12) 3 42 9 Endicott-John (3) N 2 sibin gt o o South porcs “'f,j“ 3 824 31l. 315 — & | Telephone, Public Service of New liam J. Flather, jr. M. G. Gibbs, | 1101 105% Armour Deipf (7) x 1109% 109 g Soe Dutia fensten. 5 Market St Ry pr pf_ 508 39% 3 Southern Pacific i | Seiey, Genetsl Hactiic, Dome Min James M. Green, Gilbert H. Grosvenor, | T4 4% Armour (lliinois) 6t 6 }glv Equiéokmcc Ba2le. Marlin-Rock (12) _ 3 55 5 b Southern Raflway. 118 28 2 >/and American Smelting. General William Montgomery, Moran, | 625 4Ti Armstrong C'k t1% x 5Tl 575 + %[ 18 R R s 5 ; Marshall Field & Co 90 50% 19 Southern Ry pf F 9 Motors, Safeway Stores and Goodyear Clarence F. Normer rbold Noves, | };: Jie Anold Const (80) 15 20" 11% EMe R R 20 o¢ 2 Martin Parry 1 g SoRy M&Oetfs (1) 2 ; | were improved John Saul, Corcoran m, S. Percy | Pl Sart et ood 15n BuroksiVes & (305) - 2 15 Mathieson Alk(1%) : R Spalding (A G) g — o d Y1 2774 125 Asso Dry Goods 2 2 231, 5% lureka Vac C (30¢) 2 ' ) 67 6 56 3 8 Thompson, Benjamin W. Thoron, John 59 Atch To& S Feal. 7 7 B 3 40y 2314 Evans Product (1)- 3 :\:::x?:l(‘los(l::oljll B 3 23::‘.1‘1:5‘13:')“1::;: 1%:!; g dwar M 5} A o= . ' I ¥. Wilkins, Edward G. ¥ I:.' fi: Eo‘aI:(::l\r\m‘(:;l.. 8t 4 5":‘ ::“c':"i'-‘é“““ 6 Mavtag pt ww (3) 5%a 457 " Sperry C'p vte (a1) 20 N Ew YORK CO Oh g Al : S 5 atrbanksCo ... Y 11015 103 t of (6)_ E : 7€ (a3 Smith Pleads for Unity. 1313 AtIG & W I pf(a3)_ 2415 Fairbanks Co pf 5 i :::ny;n:n:; S h 5 243 241 | tcer l\\{f: br sy JBEitbe SMocatec Bren: Most questions confronting banking [ 35 26% Atlantic Refin (11) 3 708, Fairb'ks-Morse(t1) 3! 63 91 Melville Shoe (5)_. . . plegel-May-S (3) 1% | NEW YORK, December 9.—Co today are of a national character, call | 131 112 Atlas Powder pt(5) Wl 129 59 31% Fajardo Sugar (2). . 11% Mengel Co . 3% 213 Square D Co (al3;). + % | rallied for net gains of 11 to 14 po; : Sty S < ang| 30% 14 Atlas Tack (al5c)_. 16% 27% Federa) Lt & Trac.. 3 10415 Mengel Co pf P . Seang eaida 1806 Flrn th =i for collective action by all banks an 265 Auburn Auto E 321, 9 Fed Lt & Tr pf (6) 137 M CauDe i Stana Com Tonaces 2 “1 on active trade, foreign & cannot be solved by individual banks 2913 Austin Nicholspf A 20s 41l 92 Fed Min & Smelter_ 1 307 171 Mid-Cont Pet al.15 2 9 Siand Canse 1 163 7 | *ome commission house demand pro- acting separately, 4% Aviation Corp (Del) 30 12y Federal Mot Tr 40e. L 48% 218 Mid'ld Stl Prod (12 5 5 Stand G&E $4 pf (d) 2 ’”: moted by l? constructive view of the Tom K. Smith, 21y Baldwin Loco (d) 77 5 Fed Screw Works 13115 110 Mid Su 1st pt (8) 20 Stand G&E $6 pf(d) 13, | Soll conservation program announced president Ameri- | 92% 29'; Baldwin Loco pfid) 2 6 Fed Water Sve (A). 112 65 Minn-Hon Ros 1% Stand G&E 87 pt (d T3u | for 1937, can Bankers' As- s 2% Baldwin Lo asd(d) 61 46'4 2013 Fed'd Dept Stal.60. 12% 614 Minn Moline Pwr 35 Stand O of Cal (1) March rallied from 12.19 to 12.24 sociation,de-| 92 33% Baldw L ofasd(d). 4 115% 106% Fedtd D8 cu pf 43 8113 574 Minn-Moline pf(13) 9% T 9 54 32% Stand Ol of fnd t1_ 43 3% + % ‘ carrying all positions up to further 15°» Baltimore & Uhio 60 493, 38 Fid Phoe F | (11.20) 2% 1% M St P&S S Marte Stand Otlof N J (11 Y 3 ‘ new highs for th b t clared in an ad- 210 Baitimiore's Oh%Y 35 36t 247 Firestone T & R (2) 5 612 2% M St P&SS M Isin ‘Sterling Prod $3.80. > 2 5 (eumkn_ followt Pdmo‘:mem s dress to Bay 7 % Ban& ArrtsDec28 16 10". 1003 Firestone pt A (6). 264 16% Mission Corp(a4se) Stew-Warner t50c_ « | March w ?l 5 EJdeFr ¥ B State bankers in | 21 Barber Co (atse) . 12 40 First Nat Strs 213 9% 513 Mo Kans & Texas Stone & Webster.. 3 y | March was selling at 12.21, with prices © Boston last night, | 13% Barker Brothers 2 24 301 Flintkote Co (1) g 8 33% 14 Mo Kan & Tex pf A. a Studebaker Corp . 5 - 1, | generally 10 to 11 points net higher. according to dis- @ 130 82'% Barker Bros pf 908 130 IZQL, 130 Florsheim(A) (1) 4 24 Missouri Pacifictd) Sun O11 (11) N patches. | 20% 14t Barnsaan Ofi (80e) 91 21 204 20% Follansbee Bros (d) 7 % 37 Mo Pacific of 1d) e Cottonseed Oil. FrERETESF : ¥ % = 22!, 16% Bayuk Cigars t75c 3 19% 19 19 Food Machine (1) 28%; 197 Mohawk Carp ¥1.20 x Superior O1 7 | Bleachable cot RS Bankers have| 5.0 1g* peatriceCream(11) 3 26% 264 264 Food Mach pf(4%) 4/ 103 79 Monsanto t hem(11) s Ny FaRs o Bl otiansecd -oll futqres to cope with them | Yg\' 1344 i g Hem (1) 1 13% 135 134 2% 2414 Foster-Wheeler 68 354 Montgom Ward(t2) Swift & Co (11.20) N i T Jenuskyd0%h Maveh whether they are 32, 21s, Bendix Aviat(al¥%) 13 27% 271y 2% 95% Foster-Wheeler pt 59% Morrell J & (o 2 40 Swift fnt) Ltd 12). 2. May. 1126; July. 11.30. Sales connected With| 254 20 BeneficialL «11%) 6 227 224 22l 7 304 Fourth NatIa2.35 2t Mother Lodeal2ic 22 el 7 4 | 396 contracts, including two switches. State or national | 72 48 Best&Co (2%) . 2 64% 64% 64% — * 231, Freeport-Texas (1) 4| 43 28% Motor Prod 12) x syt e i : A b—Bid. banks, and they | 7 45% Bethlehem Stlallz_ as 72 Tl T2% ;'i"'- En;:er go ;; n: 27 Motor Wheel (1.60) 27 | Talaatas ey Faves t T 20 16t Betn SU 5% pf(l) 19% 188 19% 13 Fuller Co 2d o ‘ 393 Mullins Mf(B)asoc 5 3 3 ! Dk SR 2 New Orleans P e st 20 TePIe" | 1351 1075, Bethlehe St Df (1) 2 1291 1285 120% 3% Gabriel Co (A).. ; 101t Mullins Mfe of (7). 30s 99 99 &g et o § A NEW ORLEANS. December | Yy a strong national organiza. 23 Bigelow-San (t1) 55 55 2 11%; Gamewell Co 362 Munsingwear (13) 1 33 < T““PN";’;‘ 1 T tion in Washington, he said. The A.| 321, 184 Black & Decker 256 12 “e 16% Gar Wood Ind a55 57 221, Corp (a50¢) 17 bty g Buvinie cAme i volume. Beraicuioay for B. A has never supported a lobby, | 1'3 Black&D rts Dec 23 5 13 813 Gen Am Inv (a7sc)_ 6215 47 (FE) (12)_. 5 e SR { 3 but should be in a position to assure | 21t 14 Blaw-Knox (asve). 31 w207 — % 424 Gen Am Trans (a3). : T h 1 1 16% : Federal agencies and committees of | 37% 167 Boeing: Airplane 30 35 20 10% Gen Baking uwe), i “ f;,, e i ol o ;::;:‘]55;?_‘123 Congress that it represents all the 4128 Bobp AlumEBs /Sy S ; il Orninconze L 181 Natl Aeme (aT5¢) _ % 17 17 The Fair . 23% 5% Gen Cable 4 : banks of the country. B0l BonAmt Ay (1K) o a 15% Nat Aviation (al)_- The Fair pf (1)_ 3y Bon Ami (B) (a3)__ 308 17 GenCableA ______ Ko Rl i Theain 4 | 47 There was a time when Federal , gzos 255 Borden Co (1 60). . 15 49 Gen Cigar (t4) gegulations affected national banks ;fin‘ éi i Borg-Warner (4) - 5 152 140 Gen C1:-r pf (7) 1251 “;:;x “ R"“‘~“‘ el 3 "- o e kL only. That day has passed. Such' 11, 6 Bostoné& Maine _. 4 53% 3414 Gen Electric (1) _. 3| 10714 1074 Nat BA&I pf A 115 x b Sk B I_:"‘“’ -\;””‘ a1.90 agencies as the R. F.C, the F.D.1.C,,| 5% 1l Botany Min A (d) 44 33% Gen Foods 11.80) 32% 211s Nat Cash Rex (a1) 9 % s Thomp rog Lal',-;l) N.H. A,H O.L. C.andF. C. A, affect | 18% 12a Bridgp't Brass t40a 4% 7 Gen Gas & Elec (A) 31N - o e o y o 281 21 Nat Dairy Proall;_ 3 235 237 Thompeos Star pf all banks. L G 10585 S Genfsliis (¥) 1124, 107% Nat Dairy P pf A(7) « Tide W Asso O 60c_ Two Banks Declare Dividends. 501 41 Bristol-Myers t2.40. 112 107% Nat Dairy P pf B(7) 100s Tide Wat A O pf(6) - 241 10 Nat Dept Stores 2ix Timken Detroft(t1)x 15 Directors of the Hamilton National | Soi¢ it Siym Man or (4)- 8. GedMoarant (30 33% 25% Nat Dist Prod (12)_ T Timken Roll B (+2) Bank have declared a dividend of 50 | 57" 4414 Bkiyn Un Gas (3)__ 38 Gen Print Ink a23_ B e g Tramsemerion tsa cents per share, or 2}: per cent, on| 21% 84 Brunswick-Balke 52 3213 Gen Ry Signai (1) x o N:x P:.r &phl 60¢) i it x\‘\.\(‘ffin« 5 the outstanding stock, payable Febru- | 18} 8% Bucyrus-Erie 118% 106 Gen Ry Sig pf (6)_. x 20s ‘e atl Steel (1212) _I_ranm[o& ; 0c) - erv 1 to stockholders of record on| 15 94 Budd (EG)Mfg . 4 2 GenRealty&Utll._ 9 4 NatSapplviCo . ,r'r‘u‘:;‘ :‘E‘:a“é‘u < January 22. This is the same amount | 14 8% Budd Wheel (aZ0c). 43% 264 GenRealty & TTpf.. 1 at Supply pf $3%_ Truscon Steel = ¥ 7 as paid in other recent dividends,| 4% 20% BullardCo alf)..x 33% Gen Refrso (a3%).. 3 Nat Tea (60c) % 20th Cent Fox (a2)_ 7 FXL FEFIFES + 1+ R ] Tom K. Smith, | cables helped the open- New O DR ® FhARamamal RS R CHICAGO GRAIN BY the Associated Press. CHICAGO. December 9. —Wheat values rose more than 2 cents today Jjust before trading enaed. Enlarged speculative buyving of wheat was much in evidence. Ma previous sellers were purchasers, hav- 153 ing switched from the bear side. 106%, % Today's export sales of Canadian | wheat were estimated at 1,000.000 2y " |bushels. Argentine and Australian Ui s (RS & Frreirses - * - & AL S ) ++ & F L ke o - 3 [¢ Stl Casty f 810 The directors also transferred $150,- 252: ;;I’ gfl‘,‘;‘,{,wu‘éfi'f,m, B tre It (o 1- Natomas (t20c) ;2::’.,%:’,29;“‘ 17 Gen Theatre E (a2). 000 to surplus from undivided profits,| g9 214 Bush Terminal (d) 30% Gen Time Inv (1) _ '\‘5133?55?.', L?o)cx 109 5 3 TwinCity RTof 150 placing the present surplus at $600,- 143 Bush T Bldgs pf(d) 13% Gillette Saf R (t1)_. % 3214 N Y Alrbrake a2t : = 2 900. n 7% Butler Bros (af0c). 70 Gmeuos R pf (6)- " 275 NY Central RR 244 5 E'Z"EuC;x h(a2%) 3 307, Butler Bros pf 1% _. 6% Gimbel Bros Y 3 F nd-Ell-Fish(a2 Tilisteas jof “he East Washingln ! ".5. Butte Copper&Zine 8¢ Gimbel Bros pf (§). g I N Chicasomat o 28 s - [ 13 Union Bag&Pap (2 T2 | sales the past 24 hours were placed at Bavings Bank yesterday declared the S6MNYCMEStLyr 2 Union Carb & C 3.20 4 4,000,000 to 5. 0 usual 2 per cent semi-annual divi- | 168 Byecs (AL - 3 N Y Dock Tni. lif (1) =i ANl bushels Jiaiy B el Dot | . 5da Byers (A M) pf 372 Gobel (Adolf) « 10% N Y Dock pf i + 20% Union QUL Calif (1) 2 — % |and Great Britaln were the principal , Dpay ecember 31 to 22 Byron Jackson t1__ 6% Goebel Brew (120¢) N Y Investors Union Pactfis (6) 30 +213 | buyers. shareholders of record December 23, 301 California PXg(1%) 13% Goodrich (B F) . Union Pacific pf (4) 2 W1 e according to announcement today by | '3 s Callahan Zinc 74 Goodrich (BF)p1(5) x ; - 5 225, Unton TankC 1.20. 3 —13 heat closed strong, 13;-235 above B. Wilson Earnshaw, secretary-treas- | 6 Calumet & Hec a750 21% Goodvear 1 & R . ; . 21, 20% Unit Afrcraft asoc.. 130 2 e .K;Mer;i;{'al :?’Shé Ma§ 1.28-1.28'5 v 3 United Alr Line vte 18 17 1 ay, 1.24-1.24'4: Corn, 3g-13 up; De- . wrer, mpbell Wy (11) 114 87 Goodyear $7 pf (4)_ Rysptid)... 1 4 X 8-1% > s e L N 108% 102% Goody r T&R of (5) % 103% Frdetidh i B - United Biso (160) . 4 31 = 302 + 4 | cember, 1.09'.-35; May, new, 1047 Peoples Drug Sales Mount. & 813 Gotham Silk Hose_ g 2 United Carbon (13). 2 7 | 12; oats 1!4-2 cents advanced, and pr ; 10% Canadian Pacific 42 13 " T o Y Shipbldg p£(7) 208 5% United Corp (a200). 75 P Details from the November finan- 37 Cannn Mills a4)__. 2 17 Goth STk H pt (T)_. 83 N Y Steampf (6) _ 208 991 99 40% Untted Corppf 13)_ 1 ¢lal statement of Peoples Drug Stores, 91 Car Clin&O stpd(5) 30s 103 e 2 93145 N Y Steam 1st (7)_. 508 A e e 1 Inc., show that sales totaled $1,776,~ 3, 6% Carrie:s & Gen 20c 4 T 1% Granby (2d stpd) .. Al 114 Norfolk Southn (d). 29 o S 3 + | SEEE FF " 4TS ++ + 1001+ *F F 3 visions unchanged to 20 cents bulge. [l - FE i D d Union ctfs__ 15 Unit Dyewood(1)__. 775 in Novi i & 921; Case (J 1) Co (4) _. 10 152 um 3% Gran llov. 210 Norfolk & W (18) _ 3 S ‘;"’;?nb‘?e’;n;jfs'lég;‘":; ‘;1-_ Si% Catervilisr Trao 1. 885 16 Grand Un pf (31%) Mttt I e United Elec Coal 2 2 2415 Granite City Stl (1) : 32\.1 nit Eng & Fy (12). erease of $127,448, or 7.7 per cent. f;"' ‘c;:::\::ecg:;p st ;flt “" 23% North Am Co (11) 36 31k 66'2 United Fruit (13)__ 28% Grant(W T)(11.40). 59 52% North AmCopf (8) 1 . z Peoples Drug sales in the first 11 25% Cent Agutre (11%) 3an 324 Gri Northernpf . 26 42 4 106% 98 North Am Edpf(6) 2 e e o months of this year amounted to 6% Central Foundry Co i3 16 Grt North'n Ore (1) 36% 23% Northern Pacific_. . 145 5 2 U8 i 1 $18,745,846 in comparison with $17, 35 Central RROfNJ. 384 e : 4% 2 Norwalk Tire&Rub 26 23% 10 U B Distabatio . 180e 129,447, which was an increase this 47% curedeianond) S 15% Greyhound (180¢) n 4 17% 12% Ohto O11 (a60c) 100 91 US&ForSist(6) 4 year of $1616399, or 9.4 per cent. o e ER (0T 621 1% Guantanamo Sugar 47 54% 24% Oliver Farm Equip. 39+ 24 USFreight (t1).__ 5 October sales scored an increase of o eyl b 24 Guantanamo Sugpt 80s 25t 17 Omnibus Corp vte 125% 801U S Gypsum (2) _ 3 145 per cent over October, 1935, the B 30 9% Gulf Mobile & N. _ 1| 19% 8 Oppenhaim Collt ] 169% 160 U S Gypsum pf (T) 308 seport discloses. 51 ChesdOhio (1280) 17 68k S0 Guls Mo w e, o THA] 130 13" Otis Elevor (@ 108 131 131 17 2" 514 DS Intus Aleohol 15 Sturtevant Elected Director. 1% Chi & East 111 (4) 28 Gulr Statas Simel; = 2 Stee1 : o ther vic 1 2% Chi & East 111 pf(d) 8 o 20% 12% Otis Stee1 = 16% 164 s K 4'3 U S Leather vtc 5 1( WF)Printing. % Arthur E. Braun, president of the 1% Chi Grt Weat () . 3% 18 Hamion waten 28 120% 70 Otis Steel pr pt_. 1181 117 10% U S Leather A vtc PFarmers Deposit National Bank of 4 ChiGrt W pt (d) 125% 109 Hamilton W pf (6) 60s 22 13 PacAm Fisher (1) 11 21% 217 1 gLu“’ or pf vte Pittsburgh and vice president of the 6 Chi Ind&Lou pf (d) 2608 El s o © F I 3 f#’f}‘#‘«'*hffil F OFERES 3 b ‘m ¥2 3 ; 2 T R S N R S A b33 135%5 120 Harb Walker pt (6) 32 3 7% U S Realty & Imp 9 4% Hayes Body 2 6% 6% 4% Pacific Coast 24 __ 60s p 16% Rubber__ 133 102 Hazel Atias Gl (16) x 41 30% PacificG&B(1%). 2 36 47 U S Rubber 1at pt 18% 12 Hat Corpof Am (A) 7 475 Pac Light (12.40)__ 9 5, 7 Zéa U S Smelting (a10) 115 104 HatCprww (6%)_ 14% Pacific Mills (a1) _. 29 45\ % U 8 Stesl 21% 12% Hecker Prod (60c)._ 11% Pac West'n Ofl a85c 1 :54-. 115% U S Steel pf (7)___ 41 25% Hercules Mot (1) . 6% Packard Mot(a45c) 5 United Stores (A) in the brokerage district here. 3% Chi R &P 1% pf(d) 8 6 80 587 Hershey Choe (3). 1 12% Pan Am Petr (aé0c) 5;: va b‘:’ll‘;hl(‘t)l) Edwin C. Graham, president of the 19% Chi Yellow Cab (2). 2 26% 44% 30% Holland Fur (a1%) x 33 1% Panhandle Pro& R 31 W i P'rm # Hamilton National Bank, will leave 17% Chickash CotOll .. 2 21% +1 | 116 108 Holland Furn pf(6) 30 ‘adsco Sales Corp : g 7 Childs Co a1 14% 14% — %| 33% 9 Holland&Son ex rts. a 23 % 30 Vadsco Sales Co pf. the Capital tomorrow for & visit in 25 ChileCopper (1) 40s 431 431 431 — %| # 1 Holl&Son rts Dec28 2 16% Vanadium Corp Florida. He expects to be back in the 85% Chrysler Corp(al2) 73 123% 1224 122% + % | 42 19% Holly Sugar (12)__ 8% Paramount P 2d pf. 2 28% Van Raalte m%) 3 5 ia Gty el (3), s 1.06; No. 2, yell ; Capital shortly before Christmas. 15% City ice & Fuel (2). 2 19% 19% 19% — % | 544 414 Homestake (t12).. 2% Park Utah 17 H . 40 Vick Chem K 06; No. 2, yel 0‘“. old, 1.13; No. 3, Banks Start Special Payments. 2% City Ilce&F of (8% ) 60s 8815 88% 88% — W 39% Houd-Hersh(A)3%. 40% Parke Davis (ug) 4 v»carcmmenh 29 3 yellow, 1.07a1.08!2: No. 4, yeu°“.' 4% City Stores 2 9 uss um 11% + % 22% Houd-Her (B) t1%. 23 Parker Rust Pt1% 4 48% 28% Va-Car Chem 6% pt 13 -03a1.0615; No. 3, white, 1.08% ‘The former District National Bank 23% Clark Equip(11.60). 1 33 + % 434 Parmelee Transp't. 114} 109 Va El-& Pwr pf (6) 508 31 1.09%2; No. 4, white, 1.06%al n-u,. started payment of a dividend of about | 1113 107 Glev E1 Ui of ¢s.. 108 110k uov. 110% — % 6% Pathe Film Corp___ 10% 4 Va ironCoal&Coke 130s - | oats, No. 1, white, 49%a51; No. 2 1,000,000 to 10,000 creditors today,| 473 33 ClevGraphBr(3).. 2 40 40 -1 6% Eouston Ol vto ___ 10% Patino Mines _____ b b e white, 4915a49%; No. 3, white, 498 bringing total payment up to 75 per| T74% 48 Cluett Peabody(a4) 1 68 63 68 -1 48% Howe Sound (13)__. 1 Peerless Motor. .. 5 Wabash pf A (d) 14 » 3 cent of the amount due. The North-| 134 84 Coca-Cola (t2) _. 1 124% 124% 124% — % 3% Hudson & Manhat_. 60 Penick & Ford (3). e 9% Waldorf Sys 1.20_ x ?9"22‘:‘ }ol% be;ns. 111104 2.1 4yle'u‘uwbal lua “ifies Ban Tted pey-| 204 13 ColgateP-P (150c). 156 1Th 17T% 17% 4 % 8% Hudson & Man pf__. 69 Penney(J C) (a7%) 30 Waigreen Co (2) 4215 No. 3, yellow, 141%5: barley, east Savings Bank also started pay-| 06,0100 Colgate-P-2pt(6). 1108 108 13% Hudson Motor Car. 3% Penn Coal & Coke 4 i 26% Walker (H) (2) No. 1, malting, 1.37; feed, 60a88 nom- _ ment of about 8200.0(_)0 to 8,000 de- 66% 3914 Collins & Ak 13 4 60% 60% 60% — % 1 Hupp Motors 4% Penn Dixie Cement 5% Walworth Co _ inal; timothy seed, 5.8526.10 per hun- positors. This will bring the savings| y;6i, 107% Collins & Atk pf (77 208 1128 112% 112% + % 18% Lllinols Central. 28% Penn DixieCpf A 21 Ward Baking B dredweight: clover seed, 24000a31.00 bank’s payment up to about 95 per| 47y 28i Col Fuel & Ir (new) 21 4T% 47 4T 30 [llinots Cent pf ( 28% Penna Railroad (a2) 7 %% Warner Bros Plot... % per hundredweight. i cent as three other disbursements ap- | 36% 2114 Colo & Southern 3108 25% 24% 25 +1 4% Indian Refin (a1 38 Peoples GasChi . k) % Warner-Quin (d)_ x proximating $903,000 have already| 23% 14 ColumbG& Bad0c 26 1T% 17% 17% % 25% Indu Rayon (11.68 52% 30% Harb-Walker (t2) 15 1108 o214 Plpe & Fy(1%) International Devices Co., announced 1% Chi Mil St P&P (d) 10 caacacaqcs FEP today that William N. Sturtevant of 2% Cht M8t PAPof (&) 19 the Washington office of Harriman & N atia) Keech has been unanimously elected 1315 it Pacumedie Tosl 6 & director in the International Devices 13 Chi R 1&Pao (d) 26 Co. Mr. Sturtevant is widely known 3% Cht R1&P 6% pf td) 12 =PI ... b5 Tl+44441 44+ FE FE FEFFEESEFETF ® & * & Chlcun Cash Market. Cash wheat, No. 1, red, 1.29%; No. 2, red, 1.297;; No. 1 hard, 1.30!;; No. 3 hard, 1.28!2: corn, No. 3 mixed, [ 2 + - & aonBB8umwnteran e an Uy onl L 8% ufl« l”% 2: 2:»1:: Eastern 5% » 1;}' 3“"" g"" & Baltimore Quotations. mad 108% 90% ColG& Epta (6). 11031 103% 1031 +1% £8% InlandStee! - % Pere Marquette. __ s Warren Bros cv pf. A R “-'r?;e December luncheon of the Dis-| 103 80% Col G& Epf (6)-__ 108 100% 100t 100t — % ol Inspiration Copper 13% 14 + 56 Pere Marquette pf ™ 21 Warren FAy&P(11) 4 " NQB'}L?;‘.,“‘?,‘,‘,,E,,D',‘,’,';:E;; 9 U o-Wheat. i er. Juncheon o 45% 31 Colum Plct vto (11) 2 37 874 374 — 11% Inter Rap T vtc (d). 12 124 — » 641 Pere Marq pr pf $20 108 1074% 19% Waukesha Mot (1) 3 074! December, 1 104 trict Life Underwriters’ Association | ;s¢:. 94 Golum Carb ste(ré) 9120 u.,% 120 +2* 9% Interiake iron ... 14% 14% + 12% Pet C'p of Am a90c_ 16% 16% 6% Webster Eisenlohr 27 Wiisises Batas takes place tomorrow” moon at the| "g4i 44 Comel Credit (14). 21 68% —1% 2% Int ‘gmum:ru_.. 4% 4% - 10% Pfeiffer Brew (1.20) 11% 11% 1 Wells Fargo . 1708 A WINNITRG &:" 5 - ". ~ 2 ‘Washington Hotel, with Senaca M.| 913, 55 Com'l InvestT (t4) 4 79 — % | 41% 22% Int Agricul prpf .. 1.3 3 39 - 25% Phelps Dodgeal . 52% 51% 33% Wesson O&S(t60c) 10 T + % | s M. ember 1. —Grain Gamble as the guest speaker. 24% 14% Comc'l Solv (160c). 15 16% 194 160 Int Bus Mach (t6)_. 2 193 193 198% +1: 453 Phila Co 6% pf (3). 52%a 107 91% West Pa Elec A (1) 208 100 WHE The auditors’ section of the District| 5% 2% Comw & Southern. 43 314 + %| 6% 234 Intercontl Rubber_. 4% 4y 3% Phila Rap Tr (d).. 20s T% 124% 1161 West Pa Pwr pf (7) 108 Bankers' Association meets tomorrow | 32 59% Comw & Soupf (3). 2 725 +1 | 1011 56% Int Harvester 33 _. 983 8% Phila Rap Trpt (4) 4708 12% 8% Western Maryland. 42 at the Lafayette Hotel with| 13% 7 CondeNastPub _ 2 124 — % | 160 148% Int Harvester pf(7) 1 156% 156% umu 3% 1% Phila&ReadC&L. 14 2% 2% 2% 23% 15 WesternMdzdpf.. 5 svening - roe 30% Congoleum N 11 3 34% + %| 10% 2% int Hydro Elec (A). 39 ™%+ % 66 Phillip Morris (3).. 2 75 4 1% Western Pacific .. 8 Milton E. Carter, guest speaker. 15 ConnR&LDL..... 208 17% -1 8 4% Int Mercantile Mar. 6 49% 384 Phillips Pet (a2%). 21 9% 5t Western Pacificpf. 22 Directors of Continental Bank & 8 Consol Cigar 2 1 16% 66% 43% Int Nickel (a1.30)_. 61% 5% Phoenix Hostery ... 1 0 96% 7214 West'n Union (82). b4 854 Trust, New York, have authorized an 65% Consol Cigar pf (7). 10s 7 18 22% 3% Int Paper & Pw (A) 20% 4+ %| 8¢ 70 thl:!h! (3%). 208 48% 34% West'h'se ABal%._ 16 45% Western Auto Supply Co.—Novem- additional one-half month’s salary to 27% Consol BA NY 3. 34 46% 44% 45% + % | 13% 2% IntPaper&Pw (B) 19 13% 12% 13% +1%| 17 8 Ooflpt . 2 _— ber sales were up 53 per cent; 11 a1l officers and employes. 109 102 Consol Ba NY pr(6) 2107 107 107 - % 6% 1% IntPaper&Pw(C) 16 6% 5% 6% +1 2% 1% leo Petroleum.. 34 y (Continued on Twenty-first Page.) months up 30.2 per cent. (3