Evening Star Newspaper, December 11, 1936, Page 19

FINANCIAL NEW YORK CURB MARKET GURB LIST GOES TOHIGHERLEVELS Industrials Assume Lead. Aluminum and Newmont Up 3 or More. By the Associated Pross. NEW YORK, December 11.—Curb stocks moved to higher territory today under the lead of industrials. Aluminum Co. of America and New- mont were bid up 3 or more, while gains of fractions to around 1 ap- peared in Bunker Hill & Sullivan, Great Atlantic & Pacific, Interna- tional Petroleum, Lake Shore Mines, Sherwin-Williams, United Light & Power “A” and Wayne Pump. .. New Jersey Zinc, Youngstown Steel Door and Singer Manufacturing were strong features in the inactive division. Railroad Outlook Is Best in Years, Speakers Declare B the Associated Press. NEW YORK, December 11.—The brightest railroad prospects in years were cited in messages to the sixty- ourth anniversary meeting of the New ork Rallroad Club at a dinner last night, Attending the dinner were leaders in railroading, railway equipment build- ing and industry. The messages sup- planted speeches and each diner re- ceived a printed copy. In his survey, J. J. Pelley, president | = of the Association of American Rail- roads, cited an increase of efficiency in {fuel consumption, lower unit mainte- nance costs and lower freight oper- ating costs. “Today the overall cost of railway | transportation is so low that the rail- ways haul a ton of freight a mile for an average revenue of less than 1 cent,” he said. CURB BONDS DOMESTIC BONDS. High. Low. Noon. Alabama Pw 4155 '( 93 f Alabama Pow Can P Saoria P4l : Ch iR P 84’z i1 EmpO&R 5 Florml P&L 55 Gary E&G_5s 34 Gatineay Pow be Gen Pb Ut 625 A * Gen Ray 61 A '4% Gen W G & E. Georgia Pow_5s i1y 10814 s Clev Tractor 104]!% mnv. mn% 57 7% sv'l, 7% 4s A '56 102 102 102 FOREIGN BONDS. aden Con M 7s 22Y 22% 11t Gua W RR 05 A '55 1 0 Hyd E 78 52 _ Tial Su Pow 6s A *03 M!dellm !Col 7I ‘51 6 529 143} 60% ll(l‘h 00% "_wm: nrrln . xw—Without war- n—New. wi—When issued. (lt rllmu-buuy impaired by ‘maturity, Companies reported in receivership. SKOBT-TEBI SECURITIES. (xemmd by Chas. D. Barney Tel. 5'/;! 1943, fining 65 1937 Salifornia Packing e 1040° Cll‘n. Clintd & O. Ches. & 1. Gas rian Co.) Offer. 15 oatt 09 ..... S oy SESE 23333 2235 e FEFRSE SFRESSIE W 2R333! ) Ty 5 $3s%52 - most northern of Ire- lyrlunmwbmlfim Btock an Aero Supply (B). Ainsworth (2) _. Afr Inv Inc war_ Ala Grt Sou (13) Ala Pwr pf (6) Alabam Pw pf (7) Allen Indus (1) Alum’n Co of Am Alum'n Ltd Alum'n Ltd cu pf Am Alrlines, Inc Am Cit P&L (A) 3 Am CP&L ww2¥% Am CitP&L B a20¢ Am Cynam B t60c Am & For Pw ww Am G&E (1.40) Am G&E pf (6) Am Gen C'n (a50c) Am Inv (111) (+2). Am Lau Mch t60¢ Am Lt&Tr (1.20) Am Mfg Co (a3) Am Maracaibo Am Meter (a2%) Am ot & Ch a2 Am Seal Kap a30c Am Superpower Am Superpwr pf Am Thread pf 25¢ Anchor Post F Angostura (20c) Appalach EP pf 7 Arcturus Radlo T Ark Nat Gas Ark Nat G cupf - Ark Nat Gas (A) Art Metal W t60c Ashland O&R 50c. Asso Gas & Elec AssoG & E (A) Asso G & E 85 of At) Coast Fisher . Atl Coast La2% - Atlas Corp (a80c) Atlas Corp war _. AtlasCpf A (3) _ Atlas Plywd a50¢ Austin Silver Auto Products Ax-Fisher(3.20)A Bab & Wila2.85 Baldw L bd rts(d) Barium Stain Stl Rellanca Afreraft Berkev&Gay F Co Berk&GF pur war Bickfords Inc (1). Bliss Co (E W) Biue Ridge Cal0c Blue Ridge cv pf 3 Blumenthal S Bohack HC 1st pf. Potany Cons (d)_. Bouriois (a76¢) _ Bower R B (a21) Bowman-Biltmore Bowmn-Bilt 1st pf Bowmn-Rilt 2d pt RraZil TL&P 40¢ Bridgep't Mch al_ Brill Corp (A) Brit Am Oil (80c) { Rrown Co pf Rrown F & W al5¢ Brown Forman Buff N&E pf 1.60 200¢ 4 3 B 1 2% 5 % . T4 1200 T8 10, 81 2 26% 900139 Alum Am pf $113 170 A': K 1 11634 21 20 260 39 T 4 0 4 12° 844 7 ) 19 a3 250 11214 8 10% 1 283 1 26% 1 218 3 1n 1% 5 453 50s 39 2 8y 85 24 9 48y 1 4% 16 44 2 6% 208 107 5 1% @ 6 10% Assoc Invest (12) 150s 100 8y 18 4 1 140 1 30 300s 130 20 20 12 24 16 3 2 n 17 3y o el 274 15 1435 4 108 B0 o 25 Bunker H&S (12) 4758 { Burma(a12 9-10¢) | cable i Prod vte | "able & Wire(B) can Car&Fdry pf Can Hv El 1st pf 6 | Can Indus Alco A { Fan Ind Aleo (B) Can Marconi carib Svndicate Carman&Co A 12 Carnation Co (1) | carrier Corp Casco Products | Catlin Corp (a40e) Celanese pr pf (7) Celanese 1st pf(7) Celluloid Corp Cellulold Corp pf Celluloid 1st pf 8 Cen Hud G&E 80c Cent Ohio Stlal.1( Cen P&L pf 3.06% |cent& s W Ut | Cent States Elec Cent St El ev pf | Cent StEl evpf n 16% pf ,"enr St E17% nf 2260 Centrif Pipe t40c | Cherry-Burr'l 212 100¢ 1 1 5 1259 408 4 2 6 2 1% 1 1087 131 59 28, v 38 25 K3 50< 1093 50 1101, 2 121 255 43 200 96! 4 8% 3 17y 50s 863, 21 44 58 13 2434 197 20 54 768 768 1 788 | Chi Flex Shaft t2 100+ | Childs Co pf | Cities Service | Cities Service pf Cit Sve P&L $6 pf | Citv Auto S(t60c) | flaude Neon Lt« Clay'n&TLam aTlc | Clinchfield Coal -. Club Aluminum Cockshutt Plow | Colon Dev Ltd A | ColoFuel&Ir war | Colt's ¥ F A1y | Colum G&E nf(5) | Columb O& G az0c Co'wlth Dist al0c | Com'with Ed (+4) Com'wlth & S war Community W § Comno Shoe M t1 Cons Afrcraft Consol Copper Cons Gas(B0)3.60 Consol Retail Strs Cons Roval (20¢) Contl Oil (Mex) Cont’l Roll & S Fy Cook P & Var t60c Cooper Bessemer Cooper Bess pf A Copper Range Cord Corp Corroon & Reyn Cosden Oil Me (d) Cosden(Me)pf(d) Creole Pet (aihe) Crocker-Wh a10c Croft Brewing Crown Cent P aée Crown Drug (40c) Crystal Oil Ref___ Cuban Tob vte Cuneo Press (2) Cuneo P pf (61) - Cusi Mex Mining * | Darby Petr (50¢) Dayton Rubber Derby Ofl & Ref Detroit Gasket t1. Det Gas pf (1.20) Det Pap Prod t25e Det St1 Prod a1l Dist Ltd a46 4-5¢c_. Distilled Liquors._ Dohler Die C (a1) Dow Chem (2.40) Draper C (12.40) Driver Harris (1) Dubelier Condens. Duke Power (3) _ Durham Hos (B) _. Duval Tex Sas0e Eagle Pitch d aé0c East'n G&F Asso East'n States Pwr East’'n St Pw (A). East'n St Pw (B). Easy W M B t500. Eisler Elec (abc) - Elec Bond & Share Elec B & S of (5). Elec B & 8 nf (8) Elec P&L opt war Elec Shareholding Com'u’ty P&L 1st 26Cs Community PS 1 150= £0s 45, 23 500 20 2 45 181 574 0 1 8 1 b 1 1 9 18 p01 1. 3% 1113 B sl 31 i 173 28% T 8814 9% 3% 14 181« 213 2534 K914 n P g 3% 30% 3% 14 % 2 L] 2 1y 1 16 2 51% 208 106 60 4 2 12 3 1 3 3 i 13 7 1 4 2 5 1 7 10 3 87 L3 2 174 21% 5% | 18y Derby O11&R pfi4 26¢ 1508 85 3 30 L 8% 608 724 1 1% z 7 82 18y 3 7 East’'n G&F pf(6) 600s 6.34 East G&F p pf 4% 250: 68 228 4% 1 7 3 17 2 18% 8 3% m« 21% 6934 1m 3 9% 7 8 Elec Sh pf ww (6) 100e 87}§ E] Shov C 1st pf 300s 1934 Electrographic t1 1 18% Emp G&F 7% pf 100s F3 Emsco Derrick t1 Eaquity Corp Europ'n El bd rts. Evans Wall Lead 2 18 2y 2 & 88 1% Evans Wall L pf 600s 28 Ex-C-O A&T t60c Fairchild Av new. Fanny F C (150¢c) - Ferro Enam(a3) .. Fidelio Brewery .. Fisk Rubber Fisk Rub pf (6) Fla P&Lpt Ford Ltd a181-100 Ford (Can) A (1) Fox ‘P) Brew 80c 250+ 16000 603§ 18% ke “2% 4 87 5 % 19 113 % 2 8 9 22 1 114 Froedt't cv pf 1.20 100s 183§ Gen Alloys Gen El Ltg abé%0 Gen Firepr'f t40c. Gen [nvest Corp - Gen Rmn Ltd A 9 34 13 2% 8 208 134 l.lu— Dividend nu Add 00. High. Low. 2:55. 83 2434 % % 63 % % 1163 1163 1m 1934 39 csu “y 7% 1% 335 33% 2% 2% ay ||m nm 10 10! 28% u% 634 253 2184 213 3615 39 1, 14 451 454 3 3 8y 8y o 2y LU L % 4% e 634 107 1y 615 6% 10 10 63§ 1485 107 6% 1% 31 29 55% 1y 41 16 34 5044 19 2% 73 42 130 8¢ o 5| 2 1% | 14% 128 31 g 415 21 1 14% 21y ] 181 17 [3H 23 *| Koppers pf (6) ¢| Lefcourt Realty Stock and Dividend Rate. AddM High, ld' 2:58. Gen Tel ev pf (3). Gen Tire & Rub Gen T&R pf A (6) lll- Georgis Pw pf (6) 80 GIIb't(AC)a62¥%c- Glen Alden C (1 x (A) al_100s Godchaux Sug(B) 7 Goldfleld Consol . 21 Gorham pf ww__. 80« Grand Natl Films 55 Gr Rap Var(t60c) 1 Gray Tel PS (1) Grt A&PTn v 16. Greenfleld T& D . Groc Store Prod .. Guardian Invest _ Gulf Of1(Pa) (11) Gulf St Ut pf (6)- Hall Lamp (80c) . Hartman Tobacco Harvard Brewery Hazeltine (a2%) . Hecla Min (a60c). Helena Rubenst'n Heyden Ch (+2) Hollinger G t65¢ Holt&Co ptA a20c Horn&Hard 11.60 Hudson BM&S (1) 24 Humble Ofl (t1) .. 22 Huyl pt stpd (d). 160s Hygrade Food 10 Hygrade Sylv(t2) 50s MP&L6% DL _ 08 111 Pwr & Lt §6 pf 400» Imp Ofl Ltd t60c 6 Imp Oil reg (t50c) 1 Indiana PL (t40c) 8 Indus Fin vte 1 Indus Fin 7% pf 26e Ins Coof NA (12) 100+ Intl Cigar M 12 1 Intl Hy E18 ev pf Intl Petr (t13%) intl Products. Intl Utll (A) - Intl Util (B) 53 Int Util pr pf $61% 20s | Intl Util war new_ 2 Intl Vitamin(50¢c) 8 Interst P(Del)pf. 60s Iron Firemen(t1). 80s Irving AirCh (1) 2 Jacobs(FL)Co(1) 46 Jeanette Glad0c . & JersCen P&L pf 6. 30+ | fonas & Naum 52 Jones&Laugh Stl- 6 KansCity PSvte. 6 | kanCity PSpftA 7 | Kans G&E pf (7) = 208 Ken RT&L Aa75e 1 Kingsbury Brew 6 Kingston Prod 40¢ 72 Kirby Petr (20c) 6 Knott Corp (at0c) 21 68 1 08 17 10 2 15 268 Kreuger Brew (1) Lake Sh M (14) 2 | Lakey Fy & Mach 17 17 | Lefcourt pt(a75e) 19 | Leh Coal&N ab0c. 7 Leonard Oil - 204 Lion Oil Ref (1) - 431 13 o g 3| Long I L pf A(T) “-‘upnuunns)' 285 “3 % 614 7% 3 xu 81 1083¢ lnuu‘ 10 110 1214 4 9614 wl. 8n 4 1| 2414 1035 | 20 41 11 534 | 2 25 50 54 1434 5 a8 1214 64 o u, % | Pan-Am Afr (1) | North’'n Europ Oil Lit Erothers 2 | Locke Stl Ch 80c Lockheed Afreraft Lone Star G aéle Long 1sland Ltg 16 13 23 45 808 61 508 La Land (40¢) | Lyneh Corp (2) .. McCord Rad (B) McWilliams D (12 Mangel Stores Masonite Corp 31 Mass Util Associa | Massey Harris : Master Elec (al)._. | Mead John (13) 1 AMem Nat G(as0¢) Mercantile Stores | Merritt Chap & S Merritt C& S pf A225 Merritt Chap war Mesabi Iron Metal Texile(40¢) Aich Bumper C Mich Gas & Ofl - Mich Sugar | Mich Sugar pf | Mid Sta Pet (A) - | 3nid Sta Pet (B) Midl'd St} Prod(2) 1 | Minn Min&Mf(t1) 50s | Moh H P&L 1st(7) 50 Mohawk H 2d pf 1008 Molybdenum Corp 95 Monroe L S(A)32¢ 1 | Mont Ward A (7) 10+ | Moore Dist (150c) 35 Moore D rts DecZ1 sount Prod (60c) | Mount St T&T(8) - Mueller Brass 1. Nat Bella Hess Nat Contain a50c_ Nat Fuel Gas (1) Nat Gyps A a2t .. Nat Investors Nat [nvest war __ at Leather | Nat Mg & Stores | Nat P& Ltpt (6) 40ts at Rubber Mach 3 Nat Service a | Nat Service pf 29 | Nat Steel Car Ltd 2508 | NatSugar NJ (2) 3 | Nat Transit (75¢). 1 Nat Unfon Radio . 8 Nebel (Oscar) 1 Nebr Pwr pf (7)_- 108 Nelson(H)(a25¢). 1 Nestle-Le Mur 3 New Haven Clock 1 N J Zinc (12) 8508 New M&A Ldale. 79 Newmont Ma3% 8 |N Y Auctionaé¥%e 1 N Y Pw&Lt pf (6) 108 | N ¥ Shipbldg. 1 N Y Tel pf (634) 508 N Y Water Svepf 10s Niag Hud Pw a40c 29 | Ntag H P(A) war. 34 | Niag S MABaéCc. 2 Niles-Bem-P (a1) Niptssing (a5uc) . Noma Elec (a40c) North Am L &P North AmL&P pf 600s NARayonAftly 1 NoCenTex Oalse 1 20 Nor Ind PSpf 3% 1us North StatesPA 15 North'st Engall 1 Novadel AR (2) . Ltd t40c.. e @ 8 1 TP PRINE % T T e e 4 1 1 2 Okla Nat Gas pf Oldetyme Distil Overseas S (a50c) Pac G&E 1st (1%) 2 Pacifie Ltg pf (6) 26s Pacific P&L pf(7). 208 Pac Tin spec (12) IW: Pantepec Ol 208 Param't Motors__. 1 Parker Pen (1.60). 60s Pender Groc (B) 1 Peninsular Tel(1) 100s Pennroad (a2be)- 21 Penn P & L (6) 304 Penn P&L (7). Penn Salt (4) Pepperell Mfg Phila Co (60c) - Phoenix Secur . Phoenix 8 pf A(3) Pie Bakeries 11.60. Pierce Gov (ab0c). Pines Wintfrt(n) Pion'r GM Ltd 80c 28 Pitney Bowes 40c 8 Pittsbgh Forging. 23 Pitts & LE 12% .. 90s Pitts P1 Gl (a6 Pleas Val Wine .. 18 Plough Inc (1.30). 1 Potrero Susar 3 Powdrl & Alx 60¢ 21 Pwr C'p(Can)a2ie 1258 Premier Gold t12c 68 Producers Royal 10 Propper-McC (d). & Prosperity Ba2sc. 1 Prov Gas (80c) . 100s PubSvcindpf 90 PubSvce Oklapl? 20s Yug Sd P&L pf(5) 4008 Pug 84 P&L $6 pf 875 Pyrene Mfg(a%0c) 1 Quaker Oats pf(6) 208 Ry & Lt Secal.55 508 Rainbow Lum (A) Rainbow Lum (B) -‘-‘—-.-..l':’... um( lfllh IOll( ll)li he 87 8% 18% 3 183 1208 984 o TRADE CONTINUES 5| BROAD ADVANC Upturn Unabated Despite Milder. Weather and Rain in Week. BY the Associated Press. NEW YORK, December 11.—The % |rising tempo of general trade con- 107% 3 6 1% tinued unabated this week despite milder weather and rain in some sec- tions which hampered distribution, 74| Dun & Bradstreet said today in the weekly review of business. “Smaller sales in heavy apparel branches were more than counter- balanced by the mounting volume of Christmas ,” the agency sald. “As there was no dimunition 3235 in the heavy flow of orders from re- tailers, wholesale volume was main- tained at its previous level. “More industrial units reported commitments sufficient to carry cur- rent operations well into the Spring, with backlogs in the steel and auto- mobile divisions the heaviest in seven years.” ‘The review estimated Nation-wide retail sales at from 4 to 8 per cent 3 ahead of the preceding week and from 12 to 25 per cent better than the same week in 1935. Percentage increases in major geographical areas follow: New England, 18 to 25; East, 18 to 30; Middle West, 15 to 23; Northwest, 20 to 30; South, 18 to 25; Southwest, %120 to 30; Pacific Coast, 15 to 20, Winter items and Christmas mer- chandise played the leading role in retail distribution. “Women's dresses, millinery and shoes moved out rapidly and the call for fur garments was un- abated,” the review said. “Interest broadened widely in evening wear for both men and women. In yard goods, bl spun rayon, wool dress crepes and vel- 1. 3; | So Penn Oflit133) 33i 1- 9y 8514 1% | i 7 | Tavlor Dist (30¢) » | Texon Ofl & L 60c 1034 2734 84 9 313 1075 88)§ 45 60} 8 5% 28 75 294 110 110 110 111 1108 111 168 1683 168% 88)4 13934 %| U 8 Rub Reclaim 21 18% 3 85§ BY 183 163§ 9% 9K Nl 9% 1855 9% -m 17% 174 3B 3 125 12 138 20 19% 20 L] % % % % 153 165 165 108 10 105 33 88 104 104 104 865 85 8635 453 46l 9 9 | St Lawrence Corp | St Regis Paper % | Sexal Lock & H vet were to the fore. The bulk of the volume was contributed by toys, jew- elry, radios, electrical appliances and cameras.” On the wholesale front, the agency reported reorders for Christmas mer- chandise and the extension of com- mitments for staples well into next Spring maintained volume at its pre- vious proportions of 20 to 25 per cent { | more than at this time last year. PAYMENTS AUTHORIZED. CHICAGO, December 11 (#).—Di- rectors of the Chicago Title & Trust Co. have authorized a bonus for all employes, an extra dividend of $1 and a quarterly dividend of $1.50, higher by 50 cents than the last payment to stockholders. Stock and Salee— Dividend Rate. Add 00. High. Low. 2:55. Root P cv pf 1.20 3 I 1% Rossta Intl Corp 5 5% Typewriter ¥5 Russek 5th Av(1) 37 Rustless Ir&Stl _ Ryan Consolid'd 1 1 30 . L4 202 Savoy Oil 1 Schiff(The)Co(3) 1 Sc t S B Wat pf225s 3 3 7 Seiberling Rubber | Selected Indus Seton Leath a50c 5 Seversky Afrcraft 21 Shattuck Den Min 22 Sherwin- Will (4) 250s Singer Mfg (16) 30s Smith-Cor (a25¢) L Sonotone C.talle) l: SoCal EdptB1% SoCal Ed pf C1% | Southn P L 20¢ Southl'd Roy 40c Sauare D pf A 2.20450 | Stahl Mver Inc Stand Brewing 1 | Stand C & S 12.40 100s Stand Invcum pf 60s Stand Oil Ohio 71 10 1 3 2 1 . Stand Pwr & Lt 9 | Stand P & L (B) 11 |Stand P& L pf 400¢ Stand Prod (a2sc) 12 Std Whole Ph 1.20 50s Stand S1l&Ld (4c) 13 Starrett Corp vtc 10 Stein(A)& Co (1) 2 Sterchi Bros a3le 3 Sterling Bra7éc . 3 Sterling Inc(ade) 6 Stetson (JB) . 26s Stinnes(Hugo) 4 2 Stroock&Co al¥ 250s Stutz Motor 10 Sunray Oil (al0c) 172 Sunshine Min (3). n Swan Finch Swiss-Am Elec pf uo- Taggart Corp 17 Talcott] pt pf 2% 50s Tastyeast(Del)A 1: Technicolor Inc 6 Tech Hughes t40c ‘Tenn Products s ‘Thew Shovel a50c 8508 Tilo Roof (t50¢c) 2 Tishman R&C 4 Todd Shipyard(2) 80s Trans-Lux DP 20¢ Tri-Contl C war Trunz P § (a25c) . Tublze Chatillion_ Tubize Chat! (A) Lung-Sol Lamp n Tung-Sol L pf 80c Twin Coach(t40¢) Ulen & Co 5% pf Ulen & Co 7% % bt Unexcelled Mfg Un GasCan a22%0¢ Unit Air war Unit Gas Corp Unit Gas C war kKl 2B Rubounna .- 314 Unit Gaspf(33%) 8 Unit Lt & Pw (A) 174 Unit Lt & Pw pf 19 Unit Milk P (a2 50» Unit Prof Shal0e 7 Unit Shipyds B 6 Unit Shoe M 2% 1508 Unit SMpf (1%) 708 U 8 Finishing U S Finishing pf. 100 U 8 Foll B (60¢) . 3 U S & Int] Secur . u U S Lines pf U S Play Cards t1 10(‘! U 8 Radiator 11 U S Radiator pf 2508 10 U S Stores 1 Unit Stores vte._ 1 Unit Verde Ex (1) 4 Unit Wall Paper Univ Prod (a2%) . u. Utah Apex UtahP&Lpf32.91% Mn Utilities Pw & Lt 2 Utll Pwr & Ltpt 1005 Utility Equities .. 2 Utll & Ind (new).. 11 Utility & Induspt. 22 Venezuela MexO. 9 Venezuela Petrol.. 6 Vomt MfgCo (11). 2 Waco Afrcraft .. 1 Waitt&BondA .. 2 Wayne Pump (50¢ 11 Wentw'th Mf 1.30 L] W Va Coal & Coke 3 Westn AirExa2ic 2 West Au Sup A 14 2008 W'n Tab&Sta (1) Will O11-0-M ab0c Wolverine T t40c Wright Harg t40c Ygsta 8t1 Door 11 Yukon Gold(ai3e) | Title G & M =t NE 96% 7215 West'n Union (a3)_ 48% 34% West'h'se ABal%. 153 94% Westh'se El (a53%). 160 123% Westh'e 18t pf 35 % . 32 19% Westvaco Chlor (1) 31% Westvaco 5%0f 1% 21% Wheeling Steel 84 Wheeling St pf 16 18% White Motor 13% White Rk M 8(1.40) 3% White Sewing Mch. Prev. 1026 Low 56 Wortb Pumpot A 2805 84% Worth Pumpof B 40% 62% Wright Aero (al) 338% Yale & Towne 160c. 8% Yellow Tr & Coach. 2% Yellow T&C Dec 24 833 Yellow Tr&C pf $35 42% Young Spr&W (13 41% Youzrs'tn Sheetd’ 11% Zent:b Radio 9% 5% Zonite Products 41 45% 45% — % 145% 146% — 87% 42% Stock ana Dividend Rate. 448 00. High. Low Close. Chge. FINANCIAL W YORK STOCK EXCHANGE (Continued From Eighteenth Page.) 3:18 p.m. Bales— 83% 84 78 18 40s 127 126 126 4 49 48 48 58 16% 16% 16% — % 106 2% 2% 2% — % 50s 163% 162 163% + % 1 47% 47% 4T% 23 824 81k Sl - % 26 39% 38% 38% — W 42 8% M Bh+ % 3 8 - % % Approximate Sales of Stocks on the N. Y. Stock Exchange. 11:00 A M. 166 16w —%| _1:00P.M 5% 5% 4% %+ % 8% 8% — 4 65% 65% —1% 33% 33's - W peyments sunit of Lraome including extras o Paid last vear reorganised. x Ex di 770.000 1.690,000 13 2 .Noom. P.M. 1.290,000 2.070.000 Dividend rates as given in the above iable are he sopuss cssh basen ow the latest quarterly or Dalf-yearty deciarations .ess than 100 shares. t Accumulated 1ividends. d Comnanies reported in receiversaip or being 1t Annual cate—not 8 Paid chis year. vidend. Advertising Total Rises 8.5 Per Cent Above 1935 Level Special Dispatch to The Btar. CHICAGO, December 11.—Retail newspaper advertising by merchants in 67 major cities during the week ended November 28 was 1,502,293 lines in excess of the corresponding week in 1935, Advertising Age, national ad- vertising newspaper, stated in a report released today. ‘The report shows a total of 19,287~ 656 lines of retail advertising for this week, against 17,785,363 lines in the like week of 1935, a gain of 1,502,203 lines, or 8.5 per cent. ‘Total retail advertising for the year to November 28 was 837,445,827 lines for the 67 cities measured, against 785,499,702 lines for the corresponding period of last year. The gain of 51.- 946,125 lines places this year 6.6 per cent ahead of last yeer. BITUMINOUS OUTPUT CLIMBS DURING WEEK ‘The National Coal Association, from incomplete car loading reports from | the railroads, estimates bituminous for the week ended December 5 as approximately 10,200,000 net Production for the corresponding week: 1935 8,379,000 tons; 1934, 7,- 403,000 tons. ‘The report of the Bureau of Mines shows production of 10,058,000 tons | for the week ended November 21, and | 9,568,000 for the week ended Novem- ber 28, 1936. Production calendar year to De- cember 5: 1936, *394,785,000 tons; 1935, 342,315,000 tons. * Subject to revision. BABY BONDS PURCHASED BY 700,000 INVESTORS By the Associated Press. ‘ Buying at the rate of more than $1,000,000 a day, the Treasury reported | today 700,000 investors have purchased $690,000.000 of ‘“baby bonds” since March 1, 1935, 'NEW YORK BANK STOCKS | NEW YORK. December 11 (P.—New | York Security Dealers’ Asosciation (Quotations as of 2 o'clock.) Bid. Asked. 3172 3%z Firat Nag ¢ Pirst aNtl ?uu.m Busiic coal production in the United States | tons. | LONG ISLAND RAILROAD ASKS BOND APPROVAL B the Associated Press. The Long Island Railroad Co. ap- plied to the Interstate Commerce Commission today for authority to issue and sell $10,000,000 of 4 per cent refunding bonds, with the Pennsyl- vania Railroad as guarantor. The proceeds will be used to meet a similar amount of maturing in- debtedness next year. STATEMENT IS ISSUED BY NEW YORK RESERVE | Br the Associated Press. NEW YORK, December 11.—A fur- ther decline in United States Treasury deposits with the Federal Reserve Bank of New York was shown in the bank's weekly condition statement. The Treasury’s general account was down about $17,100,000 from the pre- vious week’s total, but substantially above the corresponding 1935 figure. Mid-December financing, announced early in the week, was expected to lift the Treasury's cash holding again. Elsewhere little change was recorded in the bank's position. Member bor- rowing remained negligible. The condensed statement follows: Gold_certificates on_hand | and due from United States Treasur: $3.325 | Total reserves Bills discounted: Becured by United States Government obliations Total bills discounted Bills bought in open market Industrial advances.._ Total United States Gov- ernment securities Total bills and securities Uncollected ftems Federal Reserve notes in actual circulation Deposits: Member bank-Reserve ac- Total deposits Ratio_of total reserves to deposit and Federal Reserve note liabilities combined 1100.000 8.299.000 843.243.000 886.042.000 | 57.000 | 53.000 | 85.2 per cent BROKERS’ LOANS RISE 57 MILLIONS IN WEEK Bv the Assoclatea Press. Loans on securities to brokers and | dealers, held by weekly reporting mem- ber banks in New York City, were re- ported by the Federal Reserve Board to have totaled $1,059,000,000 for the week ending yesterday, an increase of $57,000,000 for the week. THE WEATHER District of Columbia — Rain this afternoon and possibly early mmxht.. followed by fair tomorrow; | lowest temperature tonight about 32 | degrees; moderate shifting winds, be- | coming northerly. Maryland—Rain this afternoon and Virginia—Rain on the coast, cloudy |y and colder in the interior tonight; to- morrow fair and colder. CKICAGO PRODUCE CHICAGO. December 11 live. 54 truc dy at decline. hens 413 pounds, un (L35 less than 413 pounds 12 11: Springs. 4 pounds, b colred 147 Piymouti Rock, 147 Whits ock, 1472° less than 4 pounds colored 14° Plymouth and White Rock. 1412: coi- ored broilers, 15: White Rock. 15 | mouth Rock.” 16: Leehorn chickens | roosters. 12! Leshorn roosters. 11 kQ!l hens. i young toms. . Turkeys. 12: ducks Dotnds. up. 14: Colored. 155 small white and colored 11: geese. 11 ns. 7 pounds. up 18: old white. 472 Northern szeese. 13: hens. voune. 8 pounds. up old. 18: No. steady: prices unchanged. lxu 4,987 e extra firsts. cars and local, 31: fresh graded firsts. cars and lo- | current recelpts. 29; refrierator s 2714: nmnmnre ras, Potatoes. 44° on tra Total unted States Shipments. 517 steadsy: . supplies demand slox. Sacked per hundred- o Russet Burbanks. 500: “ane guality. huvy 3 Red McClures. N T, 3.43a55; Russet Burbanks No. 1. 2.45: Wisconsin. U. 8. N hites, U, 8. N hdins. U. 8. No. 1. 195 Red River section Early Putures: Idaho Rus- tade A. March. 3.15. FOREIGN MARKETS. LONDON, December 11 (P.—Despite this being 'the closing day of the fort- nightly account, prices on the stock market finished active and strong. Silk. tobacco and distilling shares were excemlunlllv firm in !he industrial section. and mining and copper issues 'ere b Home and foreign rails rose on of 1 point and the gilt-edged division and | rubber stocks - closed ~ higher. Trans- | Atlantic shares were autet x e Bourse had a eenerally firm toné at the Close. witn Hoyal Buch shates being_ in demand and ending the day with a_31-franc advance. Net gains for rentes were from 20 to 50 centimes. while Bank of France lost 45 francs on the day. Coal issues were mixed and rail- road issues sold higher. g FOREIGN EXUHAN GES. NEW YORK. December 11 (#).—Foreign exchange mixed; Great Britain in dollars. others in cents: Bri : 18 pounds. 2 Czechoslovakia. Ausiria. 1875 in. 75 Amgentina nEko: Mexico i 88 Teal o New York Too. New York in Montreal, 99.90%. n—l!om.? paER R S T. 8. TREASURY POSITION, B> the Associated Press. The position of the Tressury ber 9 its, $116,721.035.4: ;\il;u $74.501 0 s"ogn ,.. oab.' $1.454.- for the month. e flu-l Joaz, (since July mu ll 242.412.- ditures, $1.303.134 n Decem- ex m Sross NEW YORK PBODUCE. nb' colors; M higher t! score). 33 % el 24, lllld!lgl X11 92 | Pt eengeed. P e T 1 40b: W% co 2 A | (@ —Poultry. afi%&i&w‘? &n‘v“iflm T3 otd ;u Bortisnd. or Uiy h. N, C 3131%: under: 1"“@ e & i reamery. | 8! West Virgi~ia—Cloudy and colder tonight; tomorrow generslly fair. River Report. Potomac and Shenandoah Rivers muddy today. Report for Last 24 Hours. Temperature. Barometer H Desr nches. et 3018 30.14 | 30.11 i Noon 3092 | | Record for Last 24 Hours. | (From noon yesterday to noon today.) t 2 pm. vesterday. at 10:30 pm !Q!l!lfll’. | Record Temperatures This Year. Highest. 105. on July 10 | Lowest. 0. on January 23. | Humidity for Last 24 Hours. | (Prom noon yesterday to noon todsy.) High 06 per cent. at midnigh! Lowest, 00 ver cents at 10 a-m. today. Tide Tables. (Purnished by United States Coast and Geodetic Burvey.) Today m Yesterday— Tomorrow. Hizh 6:30 a.m. | Low . Hish Low Sun. | Sun. M : Automobie lights must be turned on one-half hour after sunset. Precipitation. Monthly precipitation in inches in the | Capital (current month to dat | ma_e, Asv;. 'efl ecord. i ?'P?;;S.SSFP:‘:' 3BR2EBR2ERNE o 3 m, X ation: Abilene‘ 'rex - lllntl Gn Atlantic City Balti; . Md. e EREEE Y475 P w3SERI% 5 2 B85 .S ., SN ] Jelelelelelob o T 1 ol R & Miami Fia. Minneapolis 5 pr ¥2 o¥ 29 EESTRHEEN S L SR 3 3 3 3 o 19O oD b 8 ©a v 3 bt EYIH T 4 2 0.30 Ciondy 2 005 Rain colder, | } possibly early tonight, followed by gen- |3 2 ,erully fair tomorrow and colder. Auto Production Soars to 119,455 Level for Week BY the Associated Press. DETROIT, December 11.—Cram's reports estimated today that output of the motor car industry for the current week would total 119,455 cars and trucks, compared with 100,169 units | estimated as the previous week's pro- duction and 108,592 for the comparable week of 1935. Ward’s automotive reports placed re, this week's assemblies at 119,660 units, compared with 101,660 for the preced- - ing week and 99,435 a year ago. ———— VICKS FINANCIAL PLAN APPROVED BY HOLDERS By the Associated Press. NEW YORK, December 11.—Stock- holders of Vick Financial Corp. ap- proved a reorganization plan provid-| ing for transfer of all assets to a| new company to be known as Rein-| surance Corp. of New York, with an' outstanding capital fo 850,000 shares of $2 par value. The new company will engage in a reinsurance business. The old company was an investment concern. INVESTING COMPANIES NEW YORK. December [ York Becurity Dealers' Association. (Noon quotations.) id. Inc Am Busines; Shrs. Am Geu Eq Inc Am Ins Stocks Bancamer Blair —New Asked. 20.7 FREIGHT LOADINGS AT 144%T MAR Week’s Total Represents Gain of 16.7 Per Cent Above Year Ago. NEW YORK. December 1_ gl by i, S lex of freight (lflnlflk 8, based on 1929-30 a5 100. deciined today to l"l 1, comnned with M 5 the previous week and 71.1 a year ago, e range ol recent years 936. 1935 4. 1933, H§9 87.3 High _ 1% Low 1720771 607 650 808 473 Ry the Assoclated Press. The Association of American Rail- roads reported today loadings of reve- nue freight for the week ended last Baturday totaled 744,957 cars. This was an increase of 64,973 cars, or 9.6 per cent, compared with the preceding week; an increase of 106, 439, or 16.7 per cent, compared with a year ago, and an increase of 193,472, or 35.1 per cent, compared with two years ago. The week's loadings of various classifications, giving comparisons with preceding week and corresponding week a ynr ago, follow: eek Last week his Miscellaneous 500.0 STERCHI BROS. SALES SHOW GAIN OVER 1935 B the Associated Press. NEW YORK, December 11 —Sterchi Bros.’ Stores, Inc., reported November | net sales were $478,395, against $468,- ‘106 in the same month last year, an increase of 2.13 per cent. first 11 months the total was $4,816.- '481 a lift of 17.7 over the $4,089,718 the same period a year ago. Re- uu and wholesale furniture stores are operated in 33 cities in Southern Suua ‘RElNASCH PURCHASES SCHULTE CORP. STOCK Bs the Assoclated Press. NEW YORK, December 11.—Udo M Reinasch, a partner in the Stock Ex- | change firm of Ira Haupt and former - | vice president of Schulte Retail Sales (Corp of Delaware, purchased at auc- | tion for $1.25 a share 150,000 shares [t Flfl!h!\ Pirst Boston Corp.. Fixed Trust Sh A~ Eixed Trust, 8 "B Found Tr sh Eund Investors ln Fund Tr Shrs EFund Tr Shrs 2 Gen' Investors Tr Groun bi] Sec Building Sec Chemical sec Food Investors rvd In ors Investors Pund_of Am. Keyston_Cust Fund B- Corp. Plymouth Pund Inc Quarterly Income Sh Selected Am Sh z Selected Am Sh inc _ Selected Cumul Sh Selected Income Sh Selected Indus cv pf Spencer Trask Fund | Stand A Stand upe: Am Tr D Supervised Shrs Trustee Stand Inv C Trustee Stend Iny D Trysteed Am Bk “B” Trusteed Industry Shrs__ Wellington Fund 2 RHILADELPHIA PRODUCE. PHILADELPHIA December 11 (P < Live Douitry stagey young roo: 3al4 old Reds, 10a20. ' Springers, | 3 Spring chickens, mixed | ducks. White Pekin fancy. Muscovy ducks, white, Dressea poultry. ducks. Western.. 18a10: Seese. fancy. Western. 16a17. "~ cation Interest balance Buoine o PRESENT INCOME o FUTURE SECURITY you may be sure that increase as the years protected by new ho (7 a.m. Greenwich time todsy.) ‘Temperature. Weather. London_ England 20 Fogs: 1 pranes teday ) Greenwich’ um L (Noon, Horta lhnl). Asores " . rent observations. a E:mfl:“ Maryland, where values | of the common stock of the Schulte Corp. The bid compared with an open market quotation on the stock | of $3.12 nominal. 3800 000 FOR EMPLOYES. ‘ NEW YORK, December 11 (#).— Buick Motor Co., division of Genera! Motors Corp., announced its share of | the General Motors bonus recently authorized will be $600,000. to be dis- tributed to 12,000 employes. First Mortgage Money For CONSTRUCTION LOANS and LOANS ON IMPROVED PROPERTY in the District of Columbia Nearby Maryland and Virginia 512% Prompt Action B.F.SAUL CO. 925 15th Street Natl. 2100 ON IMPROVED D. C. PROPERTY Immediate attention on your appli- for buying, rebuilding or refinancing. * Loans repayable monthly. No charge for appraisal if loan is not made. charged only on unpaid of principal. 3 E QUITABLE CO-OPERATIVE A SSOCIATION 915 F STREET N.W. Organized 1879 OT only do you immediately gain a good income from thi vestment, but its intrinsic value will pass. The principal is in Chevy Chase, re rising and the future will bring investment growth. In Denominations From $250 Up NON & LUCH S Members of the Washington Real Estate Board 1505 H St. N.W. Realtors NAtional 2345