Evening Star Newspaper, December 16, 1936, Page 22

THE EVENING STAR, WASHINGTON, D. O, WEDNESDAY, DECEMBER 16, 1936. FINANCIAL. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGES][][}KstE[;ULAR? A—2 wxx 2'15! m. 2:15 p.m. CHEVYGRASECLUB TR ATNS A% oty e Prev. 1036 Stock ang ales— Net Prev. 1056 Stock and wer |ghin” ow. Divigend Rate. Add 0. Sigh. Low. Closs. Chge. Gigh. Low. Dividend Rate. moo.)nm. Low. Olose. Chge. | Gigh. Low. Dividend Rate. Add 00. High. Low. Close. Chge. High, Low. Dividend Rate. Mfl 00. High. Low. Close. Chge. |~ 8474 44 Comcl Credit (14). 18 684 66 —2W| 97% 20% Int Paper.: Pwpf.. 28 92% —14| 17% 74 Pitts Coal . .. 2 16% 164 70 42 Abr&Strausa255.. 10s 66 66 66 91% 55 Com'lInvestT (t4) 10 78 ma 76% —1% 87 IntlPrintInk (12).. 6 76 35l Pitts Coal pt_ 3 4 -2 74% 59 Acme Steel (4) ___. 2 66 66 136 97 ComelInTpf (4%) 1115 us 115 3% Int Ry Cent Amer__ 40s 8% 714 Pitts Screw a52%e. 12 = 15% 9% Adams Exp (asSc) 145 7 14% 14% Comc'l Solv (160c)- 214 194 18% + T 3 Int Ry Cent Am vt 100s 8 49 Pitts Steel pr 105 35% 17% Adams Millis(a1%) 27% 27% — % 2 Comw & Southern_. 75 3% at. 3 — 4 19% Int Rwy Cent Apf.. 208 524 1% Pitts Term Coal 2 3% 3% 341 34 82 59% Comw & Sou pf (3). 70% 70 T0% — % 15 Int Stlver. 1% 14 Pitts Term Coal pf_ 27% FINANCIAL. Few Oils, Utilities, Rails and Entire $350,000 Issue Taken | 3fi: “i Adorees Gomiey on Offering Day—Early Listing Expected. BY EDWARD C. STONE. The new issue of $350,000 Chevy Chase Club first mortgage 4!s per cent bonds, which were placed on the market yesterday by Folger, No- Jan & Co. has been sold, it was re- ported in the financial district today. The bonds were all taken on the day of the offering. It was also announced today that application will be made shortly for listing the new bonds on the Wash- ington Stock Exchange. The Chevy Chase Club 5!z per cent bonds, which are to be replaced by the new issue, have been listed on the ex- change for $everal years, or ever since they were marketed. The old bonds are to be redeemed January 1 at 102 and accrued interest and will be dropped from the Washington Ex- change list at that time. Interest on the new mortgage bonds will be paid semi-annually on July 1 and January 1. The bonds are re- deemable at the option of the Chevy Chase Club on any interest payment date, as a whole or in part, up to January 1, 1942, at 104 and accrued interest, to January 1, 1947, at 103. and thereafter at 102 for the re- maining years of the issue, except at maturity at 100 and interest Beginning on January 1, 1938, the elub is to provide a s ng fund and pay off $8,000 yearly on the bonds until maturity, the bonds bein: celled to be drawn by lot. ssue was underwritten by Fol lan & Co,, the principal officers in the firm being J. Clifford Folger and James Parker Nolan, both resident members of the Chevy Chase Club. The financial statement in the pros- pectus discloses the club to be in excellent financial condition. American Security Votes Extra. ‘The board of direx f the Amer- fean Security & Trust declared a quarterly dividend of 2 pe eent and an extra dividend of 2 sent, both payable Janu. holders of record at the ness December 31. Tra be ciosed from Jan 19, both days included. Phelps, Fenn & Co., and Mason-Ha- gen, Inc, $208,000 Arlington. Va on their bid of 100.81 for 2! bonds are dated December 1, 1 are due 1940 to 1956. The suggestion of C| resident of the New Yo hange, that low-pri 10 to January s should very carefully igated before | ey are purchased was freely discussed | in the brokerage houses herc today. Washington brokers consider marks in a general way as an effort to protect the reputation of the stock ex- | change in case some of these issues should later break severely. It has always been a rule that cheap stocks should be carefully investigated | to see just why they are so low priced. As one broker said today, there is al- ways a reason why a stock is selling at $1 or $2 a share. As far as could be seen at the opening today, Prgsi- dent Gay's words of caution had no ef- fect on quotations. Variety Store les Climb, Daily average sales of varie for November were about higher than for November of year and about 12'. per cent above the same month of 1834. accord preliminary estimates of the Bu of Foreign and Domestic Commer Department of Commerce. The & gregate value of sales for the first 11 months of the year was ab cent ahove that for the same period | of 1935, Daily average sales of grocery chain stores for November showed an m- crease of about 5 per cent in dollar volume, as compared with Novemb r. 1935, and were 9', per cent above Lhe | same month of 1934. Sales increased | about 3 per cent from October to| November, as contrasted to a usual| decline at this season. Average daily sales for the first 11 months of the year were about 3 per cent above those for the corresponding period of 1935. Railroad Revenues Improve. Nineteen class I railroads in the | Bouthern district had es baoks will | vesterday were awarded | his re- | 86'3 (3 1715 53 61l 5419 40% 245 34 20% 90 TT% 140 124 Am BrakeS DtS'A_ 157 Allled Chem (6) __. $ 3 5 3% 3+ W 58 Alr Reduction (11). 2 8 8% + W 2 Alr-Way Elec Appll 6 4% 4% 13 Alaska Jun (160¢).-. 1 144 144 215 Alleg Corp (4) ... 6 N A= % 52w 5214 —1% AT% 4T3 =1 38 38 — 14 12% Alleg pf w330w (d). 4 27 Alleg pr of (d) 1 267 Alleg Steel (al.65 2 12 231 231 -1 23 8 30% 30% — % 6 8 1% 1% = % 3 858 B5% — % 35% Allis-Chalm (11%). 1 5% T4 T4% —1% 19% Alpha Port C(ll“} 2 30% 30w — 13 4 Amal Leather. 5 5% 5l Amal Leather pf_ 2 37 37 Amerada Corp (2).. 10 9 99 Am Ag Ch (Del) a4 1 83 85 85 Am Bank Note (f1). 4 39% 39%3 39% Am Brake Sh (12)__ 11 67 68 139% 139% 13714110 AmCan (14)_ 2 115% 114 114 68 94 T80 30 Am Car & Foundry. 57 5T 57% Am Car & Fdry pf_. 94Y% 951 31 AmChain(al) .- 6 T 6 A‘ll Am Chain cv pf (5). 119 119 2 74 Am Colortype 14% 14% 20’5 Am Comel Al (a50c) 9 2 28% 16'¢ Am Crystal S(as0¢) 6 2 281 &9 Am CrysS 1st pf(6) 9 994 3'; Am Encaustic__ 9% Am European Sec. 6}y Am & Foreign Pwr_ 25 Am & For Pw $6 pf. % Am & For Pw $7 pf. 12 Am & For Pw 2d pf. 13 Am Hawaiian (1) - 4% Am Hide & Leather. 31la Am Hide & L pf (3) 37 Am HomeP (12.40). 24 Am lce = 16'z Am Ice pf (2) 9% Am Intrnat’l (a40c) 231x Am Locomotive 66 Am Locomo pf (13). 21 Am Mach&Fdv(t1) 10 Am Mach & Met 60c. Am Mera Am Metals pf (£16) *Am Pwr&Ltpf (5)_ 18% Am Radiator(t60c). 23% Am Roll M (11.20) 24% Am Stores (2) ¥ Am Sugarpf (7). 207 Am Sumatra Tob T1 49, Am Tel & Teieg (9). 87 Am Tobacco (5)___. 8315 Am Tobacco B (). 36 Am Tobacco pf (6) *'s Am Type Founders. 19's Am Wat Wksa40c_. T Am Woolen 525 Am Woolen pf (34)- % Am \rit Paper (d). 4's Am Writ Pap pt (d) 33 Am Zinc & Lead . Am Zinc & L pr pf - Anaconda Cop (11)- onda Wire 12 3 Auchor Cap (60e) Anchor Cap pf(6%) Andes Copper AP W Paper Archer-Dan-M Arch-Dan-M pt ( 4% Armous (lilinois) 47 Ar Lr Cktl T'a Arnold Const (69¢). ®ix Artloom Corp 2% Asso Ury Goods. 59 Atch To&S F 90% Atch To&S Fe pf(5) 212 Atl CoastLine(al) . 11 AU Guif& W ina 1315 At1G & W 1 pf(a3) - 268, Atlantic Kefin (T1). 14 Atlas Tack (a75¢)-- 26% Auburn Auto ____ 5% Austin Nichols 291, Austin Nichols pf A 4% Aviation Corw (Del) '3 Baldwin Loco (d) 104 10 ;J 2 Baldwin Loco pf(d) 93 aldwin Lo asd(d). & aldw L pf asd(d)- » Baltuimore & Uhto _. Baltimore & Oh pf 93, Bang & Aroos pf(7) t¢ ban & Ar rts Dec 28 1 Barber Co (a%ic) - 35% Ker Lirotners Z L6l 821 Barker Bros pf 110 3 14'4 Barnsdalli Ol (3vc) 168 Bayuk Cigars 175¢. 110 Bayuk C 1st pf (7) 18 Beatrice Cream(71) 100 Beatr prww (5). 1314 belding- Hem (1) Belg NR pt pf(3.24) 1% Bendix Aviat(alls) 20 Beneficlai L «T1%) 45 Best&Co (2%) - 45% Bethlehem Stlallz . x 26 16'x Beth SU 6% pI(1) - = 1077 Bethlene SUDL(T) . 1 181 Black & Decker 2 13 1% Black&D rts Des 14!z Blaw-Knox (a80c) 20 18L Bloomingdale (al). 167 Boeinge Alrplane 41 Bohn Alum&Br (3). 80’4 Bon Ami (A) (a5).. 10s 25% Boraen Co (1.60 18 64 Borg-\Warner (4) 6 Boston & Maine ___ 1'% Botany Min A (d) - 12!a Bridgp't Brass t400 431, Briges MIg (12) Tl +++441 s —an 7 Conde Nast Pub. _. 14% 307% Congoleum N 11.60_ 3T 16 Congress Cigar (a2) 8 Consol Cigar .. 72% Con C prpf ww 6%. 65% Consol Cigar pt (7) 27% Consol Ed NY 2. 4'« Consol Film 15% Consol Film pf ( 37% Consol Laundrl 11'5 Consol Ofl (160¢) 5'a ConsolR R Cuba pf. 1, Consol Textile (d)_ 2 Cons Coal (Dsl)vte. 121 Cons C (Del) pf vte 7308 %4 " 15% Container Corp (1) 60 10% Contl Baking (A).. 24 1% Contl Baking (B) 60 674% Contl Baking pf(19) 64% Cont'l Can (13) - 17' Contl Dia Fibre(2). 35'5 Contl Insur (11.20). 214 Contl Motors < 2814 Contl Oil (Del)al%;. Contl Steel Corp(1) 55% Corn Ex BK&TT (3) 63% Corn Prod Ref ('3). 4 Cotyine ...._ Crane Co.__ Cream of Wh't (1 15% Crosley Radioal - 43% Crown C'k& S (a4). 3% Cr'n C&S rts Dec 23. 46'¢ Crwn C&S of ww 23 44 Crown Ck pf xw 2% T4 Crown Zelleb'k vic. 28 Cructble Steel ... 1'4 Cuba €o _ ————— 9 Cuba RRpt 614 Cuban-Am Sugar_... 35'3 Cudahy Pkg (2%) .. 1675 Curtis Publishing.-. 4 Curtiss Wright . 1014 Curtiss-W (A) a50e Cushman Sons pf.__. 34 Cutler-Hammer t1- 75 Davega Stores (1) . Deerc&Co _ __ Deere "o pL(1.40) 19'% Deisel-Wem-G (11) x 547, 6% Delaware & Hudson U 23 1475 Del Lack & West __ 2 18% 125 Detroit Edison (14) 5 145 42 Devoe & Rey (A) 13 2 61% 6% Vs Diamond Mich 11% 5 307 30% 18'¢ Dist Corp Seag Ltd. 264 25% 4 Distillers C'p pf (i Dixle Vortex (i%)- . Dome Mines (t2) « Dominion Stores __ ss Afreraft . er Mfs(B) al. nill Internatl__. 31» Duplan Silk (1) Du Pont de N 26,10 Du Pontdeb (6) . 4 Eastern Roll Mills_. Eastman Kod (15)_ 3 +Illl+l|ll FOF E FIERFEES - U (f( EEE EFREF (IR I R ) FESREFTIE FEFE S I+++14+ +1+010 ¢ Auto Lite 12. ec Auto L pt (7)- ec Boat (af0c) . & Mus Ind al8e_ ec Pw & Lt E (e e Kk Horn Coal (d) _. k Horn C pf (d) Paso Nat G(1.60) ndicott-John (3) 12 Public Service. 2quit Oftice B a20c- rie R R 1o R R 18t pf_. 1e R R 2d pf Eureka Vae C (80¢)x 1s Product (11). 4% Exchange Buftet___ 2% Fairbanks Co - 160s 81, Fairbanks Copf - 608 341 Fairb'ks-Morse(t1) 2 31% Fajardo Sugar (2).. 8%, Federal Lt & Trac . 7 Fed Min & Smeiter_ 75 Federal Mot Tr 40c. Fed Screw Works _ 4 Fed Water Sve (A). 2 Fed'd Dept Stal.60. « Fedtd DScupf4% Fld Phoe F | (11.20) 247« Firestone T & R (2) 10045 Firestone pf A «6). 40 First Nat Strs 213 3012 Flintkote Co (1) » Follansbee Bros (d) 2 Food Machine (1)... 's Foster-Wheeler )ix Fourth Nat I 22.35 3 -Texas (1) 47 Fuller Co pr pt 31'2 Fuller Co 2d of- 3% Gabriel Co (A). : Gamerwell Co r Wood Ind Riy Gen Am Inv a7?sc) . 42, Gen Am Trans (a3). 10% Gen Baxing (160c) . 7 Gen Bronze 5% Gen Cable 17 Gen Cable A 70'3 Gen Cable pf (37) 49 « Cigar (14) 34'3 Gen ctric (1) 33% Gen Foods 11.80) n Gen s & Elee (A) 14 Gen G&E 6%cv DIA B8 Gen Mills (3) - 5374 Gen Motors (a415)- 118 Gen Motors pf (5) .. 5% (ien Outdoors Adv 38 Gen Print Tuk (a5) - x 34 Gen Pub Service _ 12 BRBE A R ORI ) » + + + - 11% Int Tel & Tel 10% Interstate DS a 15 Intertype Corp (1) 24% Island Creek (2)... 581% Jewel Tea (14) ... 88 Johns-Manville(12) 75% Jones&L 7% pf 13% 3914 Kalamazoo S (1) 13 Kans City Southern 19% Kans C S of (al) 17 Kauf'nn DS 11.60__ 2414 Kayser J&Co(al%) 20 Keisey-H (A) a1%. 18 Kelsey-H (B) al%. 14% Ketvinator (160¢) . 28% Kennecott (a1.70) . 17% Keystone S&W (2). 1814 Kimberly Clark (1) 37% Kinney (G R) Co . 30 Kinney(GR) pf (1) 74% Kresge Dept Strs pf 201 Kresge (S 8) (11) 35% Kress(SH&Co(f1). 19% Kroger G&B(11.60) 20% Laclede Gas (St L). 15% Lambert Co (2)....x T Lane Bryant. Lee Rub&T! 15 Leh Port Cem’t(a2) 2 Lehigh Valley Coal. 9% Lehigh Val Coal pt. 815 Lehigh Valley R R 37'5 Lerner Stores (12)._ 47% Libbey-Ow Gladth. 7 Libby. McN & Lal_ 25 Life Saver (11.60) . 97 Ligg & Myers (14) . 97% Ligg&Myers B (14). 160 Ligg&Myers pt (7). 19 Lily Tulip Cup 1% 25% Lima Locomotive. . 36 Link Belt (2) 324 Liquid Carb (2.60)_x A’i Loew's Ino (12) Loft Ine 3\:' TLone Star Cmt(2) Long Bell Lum (A) Loose-Wiles (2) _. Lorillard (P) +1.20_ Lorillard (P) pf(7) La Ol Ref pt (). .. Louisv GEEpfA 1% Ludlum Steel (t1).. MacAnd & For (2)... Me Call Corp (12) .. & McCrory Stores .. McGraw Elec (12) . McGraw H P 12%zc. # Mcintyre Poreu (2) McKeespt Tina5s x McKesson & Rob . McKess&Rob pf(3). McLellan Strs a20e. Mack Trucks (+1) . Macy (R H) Co (2). Madison Sa G t60¢ 2 Magma Copper (a3) Manati Sugar (d) - Manati Sug pf (d) . Man El md gtd (d). Man Elev gtd (d) Manhat Shirt (1) Maracatbo Ofl Exa._ Marine Midl'd t40c.. Market St Ry Market St Ry pr pf. Marlin-Rock (t2) _ Marshall Field & Co Martin Parry 2 Mathieson Alk(1%) May Dept Strs (3)_ Maytag Co (a50c) - Maytag pt ww (3)_. Mead Corp = felville enzel Co Mengel Co pf Mesta Mach ad¥ __. Miami Copper Mid-Cont Pet al.15 Mid'ld Stl Prod (12) Mid Stl 1stpt (8) Minn Moline Pwr AMinn-Moline pf(:3) M St P&S S Marie . M St P&S S M pt MSt P&SSMisin Mission Corp(a4ic) Mo Kans & 1exas Mo Kan & Tex pf A. Mo Pactfic pf 1a) Mohawk Carp +1.20. « Montgom Ward(t2) > Morris&Essex (3% ) Mother Lodeal2lz¢ Motor Prod (t2) Motor Wheel (1.60) Mullins Mf(B)aioe. Munsingwear (13)_ Murphy G C (2) _. Murray Corp (a30¢) Nasn Motors (1) . Nashv Chat & St Lo Natl Acme (a%5c) - Nat Aviation (1) _. Nat Biscuit (1.60)_. Nat Biscult pf (7) .. NatR'd & Inval.il. Nat Cash Reg (al) .. Nat Dairy Proal} Nat Dept Stores Nat Dist Prod (12)- Nat En & Stpg (2) . % Nat Lead (t50¢) 59 Natl Mal'ble&Stl a2. 9% Nat Pwr & Lt (60¢) s Nat Ry Mex 1st pf_. Nut Steel (a2lz) Nat Supply Co Nat Tea (60c) _ Natomas (t80¢) .. Neisner Bros (12) . Newberry(JJ)t2.40. Newp't Indus aé0c 1 11 408 2 7 40m 308 10 13 1 6608 14 46 408 17 6 2 10 1 12% 3214 19% 29% 83% 1464 127% 36 30 T4 181 165, 3R LU ] i e | LLb+1+00 L aa BA SHE i i rEFE +H10 00 ++ R el = »Es ¥ 2% Pitts United Corp 21 114 Pittston Co 11% Plymouth Ofl (1)_. 12 Poor & Co (B) 4% Porto R Am Tob 1% Porto R Am Tob B_. 6% Postal Tel&C pt (d) 17% Pressed Steel Ca 17% Press Stl 1st pf e 57t Press Stl 2d pf 215 40% Proctor & Gam t1% 39 PubSve N J (12.40). 367 Pullman Ine (1%)- 16 PureOfl. .___ 103 PureOfl18% of ___. 9% Purity Bak (140¢) . 16'% Quaker Sta Ref 80c. 9% Radio Corp .. 6813 Radio Corp pf A 3% 5 Radio-Kelth-Or (d) 11 R RSeclllCent __. 2874 Raybestos-M t1%_. 3514 Reading (2). .. . 39 Reading 1st pf ‘2) 6514 Real Silk pf ($10%) 17 Reis (Robt) 12% Reils (Robt) 1st p! 12'a Reliable Strsasoe.. Rem Rand (160c) Rm Rnd pf ww 4% 99'4 Rensselaer & S (8). 4's Reo Motor Car . 167x Republic Steel - 77 Repub Steel pf $12_. 78% Rep Stl pr pf A (6). 10 Revere Copper 24% Revere Cop) Reynolds Met (11) Reynolds M pf(53;) Reynolds Spring T1. Reynolds Tob B (3) Rhine Westphalia_. Roan Ante Cal.12.. Ruberoid Co (1) _. Safeway Stores(12) Safeway Strs pt (1) St Joseph Ld (a1) .. St L-San Fran (d)_. t L-San Fr pf (4)_ St L Southw'n (d) ichenley Dist (13) x 0 Schenley D pf (5%) Schulte R Strs (d) .. Schuite R S pf (d)-. a Scott Paper (12) - Seaboard Afr L (d). Seaboard A L pf(d) Seaboard Ol (1) Sears Roebuck (12) cond Natl Invest Sec Nat Inv pf 14.65 110» ervel Inc (t1) Sharon Steel ( harpe & bohme Shattuck F G(15 % Shell Un Oil (a Sheli Un Ot pt bl;h. Silver King (60c) Simmons Co (a3) . mms Petrol Skelly O11 Skelly Oil pf (6) oss-Sheff pf (7) Smith (A O) .- Snider Packing Socony Vac Oll aT0c So Am G & P(ailc; South Port S (12) _ South Cal Ed (1%) Southern Pacific _ Southern Ratlway Southern Ry pf So Ry M&O ctfs (4) Spalding (A G) = Sparks- Withington Sperry C'p vte (a1) Spicer Mfg (a3) . Spicer Mg pf (3) Spiegel-May S (5) « Square D Co (a13) Stand Brands 180¢ Stand Brands pf(7) Stand Com Tobacco Stand Gas & El (d) Stand G&E $4 pf (d) Stand G&E $6 pf(d) Stand G&E 87 of (d Stand Inv Corp . Stand O of Cal (11) Stand Oil of fnd 11 Stand Ofl of N J (11 tarrett (LS) 1.140 Sterling Prod 13.80 ew-Warner t50e tone & Web (alse)x udevaker Corp Sun Ol (1) ___ Sun Oil pf (6) - Superheater (a%c) x Superior 1L Surerior Steel Sutherind Pap +1.60 Swift & Co (11.20) . Swift Intl Ltd «2) Symeston-Gould ww Symingtn Gould xw Tennessee Copaliec Texas Corp'n (11) Texas Gulf Pr (ase) Tex Gulf Sul (12) __ Texas & Pac R R Tex Pac C & O a2be. Texas PL T (allc). Thatcher Mfg (t1)_ Thermoid Co Third Nat Inv al1.90. Thomp'n(J R)(50¢) Thomp Pred (al%) rhompson Starrett Thompson Star pf _ Tide W Asso O 60c. Timken Detroft(t1) Timken Roll B (12) 208 1081 1085 108%5 [ I S O T T T EF o X P Specialties Improve. Others Hesitant. Stock Averages Indvst. fl.un: . stk Net change. —3 2 —2 —2 ‘Today. noon 963 390 515 70.6 Previous day 966 388 51.7 708 Month ago.. 99.1 39.6 51.7 72.2 Year ago 715 29.0 428 53.7 99.3 435 53.7 728 734 302 434 55.7 763 312 447 56.1 495 185 216 348 175 8.7 239 169 -146.9153.9 184.3 157.7 - 516 953 61.8 618 (Comptled by the Assoclated Press) BY VICTOR ENBANK, Associated Press Financiai Writer, NEW YORK. December 16.—Excr in isolated cases. stocks lacked thr vital rallying spark in today's markr and mixed trends prevailed at the close. One or two oils, utilities, rails and an assortment of specialties accounted fo | the main advances, but many of the leaders were unchanged or lower Transfers were around 2,000.000 shares Brokers found several excuses for th: diffidence of the list. Among thes were year-end adjustments and a littl tax selling here and there. Shares boiled at the start. the: turned quiet when offerings overbal- anced b There were few notabl weak spots and, in the final hour, buy- ing support was accorded some of the iroopy issues of the morning. | Oliver Farm got up 4 points or so at the best. and Owens-Illinois and Superior Steel about 3 each. Electric ower & Light was given a push near the finish. Others on the resistant side included United States Steel pre- | ferred, Vanadium, Commercial Sol- vents, Westinghouse Air Brake. An- a conda, Kennecott, Chrysler, San ard Oil of New Jersey. Seaboard O Consolidated Oil, International Hyd | Electric, Johns-Manville, Union P; cific. Atlantic Coat Line. Conti Baking “A,” Yellow Truck and Pul. man. Backward during the greater pa: of the proceedings were U. S. { common. Be' nem. Republic, Genera.. - \“.;‘r’i S’zr<}" - Aircraft, National Dis International Harv Telephone, Western Un: dated Edison, North American, W inghouse. U. S. Rubber. N. Y. Centr> vania, Canada Dry. U. & and U. S. Industrial Alcohol Paramount first preferred yields { about 2. Newmont Indastries droppe nearly 4 at one time, then reduced the loss substantially. Low-priced issue conspicuous on the tape NEW YORK COTTON e Associated Press. NE“‘ YORK, December 16.—Cotton was generally steady today on re- newed outside buying following com- | pletion of the liquidating movement. Demand was not aggressive, now- ever, and after selling up to net gains of 5 to 8 points, prices reacted mod- erately under realizing and hedging March, which had rallied from 1233 to 12.40, sold at 12.35 in midafter- noon, when prices generally were 3 points net higher to 1 lower. es closed steady. unchanged to 6 October Spot steady: middiine Cottonseed Oil. Bieachabie cottonseed futures closed steady. January. 11 Mareh, 11.35: May, 11.45-1147: July, 1147, Sales, 207 contracts. b—Bid. CHICAGO GRAIN By the Associated Press CHICAGO. December 16.—Late up- turns lifted the Chicago wheat market | today to more than 2 cents above ear- lier low levels. erating revenues fo $29.913.801 in No- , vember, compared with $24.955.675 in L 5 November, 1935, and $30.849.328 in | e November, 1930, 19.9 per cent above 5 47% Bklyn-Man T pf (6) the same month last year, but 3 per 4'; Bklyn & Queens . cent below November, 1930. 33'3 Bklyn & Qns pf(33). Freight revenues of those railroads | 44%3 BKIyn Un Gas (3) - in November, this year, amounted to Ab oW Bhoe $25,271,084, compared with $20,922,- | Mt o e 885 in November, 1935, and $24913.- o1 Budd (E G) MIg 803 in November 1930, 20.8 per cent | s Budd Wheel (aZ20c). above the same month in 1935, and | %, Bullard Co (al3)-. 1.4 per cent above the same month N Y Afrbrake a2%; . N YCenual RR _ 17% N Y Chicago & St L.. 3w N Y Dock ... Gen Ry Signal (1)_. 1 2 " Gen Realty & Ut | 152 3 2613 Gen Renlxv&"‘:L. & 5% 101% ' Gen Refrac (a2%)- 10;. 1 7' 9 321 Gen Stl Casting pf 10408 10% N Y Dock pf 36 37 % 17 Gen Theatre E (a2). 19 150 119 NYe i 49% 3014 Gen Time Inv (1) _. ’ 1 4650 46% — ¥ 13% Gillette Saf R (t1)_. 5 5 3 NYNH&H (4) _. 19% 20 9 70 Gillette S R pf (5)- 14% 7% NYNH& H pf (d)_ 20% 2 %4 6% Gimbel Sros T 4 N YOntario & West 13% 1 &4 Gimbel Bros pt (6) 5% 215 NYRyspf(d) 100 104 39% Glidden Co (2) x 15% 9% N'Y Shipbuilding -. 320 32% Glidden cv pf(2%)- 104 83 N Y Steam pf (6) 55% 55% 37 Gobel (Adolf) 109% 93's N Y Steam 1st (7). 29% 304 614 Goebel Brew (t20c) Y 13t 6% North Am Aviation % Goodri 3 2314 N = S e 213 Bush Terminal (d) Ts T 13% Goodrich (BF) (al) 3512 2314 North Am Co (t1) h 2 29 74 Goodrich(BF)pf(5) 106'4 98 North Am Ed pI(6) totaled $2,338,900, compared with §2,- L e ot 317 21% Goodvear 1 & K 234 Northern Pacific . 30 b Morember, fast vear, @00 ] 40 304 Botler Brospf1- g e e )2 A e ey 225 Union Tank C 1.20 93:438,8800 . Noyember, 1930, belug 3 CULeICopperaring E % Giotaam Bilk Hose- 1@ Norwalk T& Rpf-. 108 20% Unit Afrcraft asle.. 15.4 per cent above November one year lfi‘a Byers 1: ;{l: s 5 12% Ohio O1l (a60¢) 90 13 Utd Air L (a20e)_ Miy new T D44 ago, but 32 r cent below Novem- 54'a Byers (. D L 9 + 161%¢ United Am Bosch _. May. old _ 1.013%, ber, 1030, © il g ;:: e 2 i L 20 24% United Bise (1.60) : Tl 100 Farm Income Up 10 Per Cent. e A -‘:;t:rmg“l’u- %) 16 Grand Un pf (31%) B, - 24% Otis Elevatora7sc.. 22 3815 68 United Carbon (t3). OATS— Based on the Aericulture Depart- o iy 241 Granite City Stl (1) i 15 1% 22% Unit-Carr Fast(12). eE 5 6 Calumet & Hec a750 W T)(11.40) OtisStl1st pf(5%). 2 3 8315 4 5% United Corp (a20c). 65 1 |May____ Ienis ostimare thas tolal Tam cah 8D CE s UWaESEL) B e 166 128 Owens-1L: Gl (as).. 17 4160 4214 40% United Corppf 13)_ 21 4 July income this year will amount to $7, 10% Canada Dry G A 16 Grt North'n Ore (1) 22 13 Pac Am Fisner (1). 6 20% — 1% 10% United Drug (a75¢). 18 800,000,000, the Alexander Hamilton 107 Canadian Pacifie_.. 31 Grt West Sug (2.40) s 394 15 314 Pacific Coast ... 1108 17 FER 4 United Elec Coal 17 Institute believes this will be 10 per 37 Cannn Mills (a4)_ 22 Green (H L)Co(t1) 36 3214 8Y Pacifio Coast 1st... 1208 27 -14% 66% United Fruit (13)__. 2 cent larger than last year’s income, X copn 'f,""?f 15t Greyhound (180c) n 4 297 4% Pacific Coast2a . 180s 24 — % 14! United Gas tmp (1) 107 and says that 193§ will represent the il LR G 1% Guantanamo Sugar 20 4% 4 4 39% 30 Pacifio Finan 11.80_ 4 30% + | 1 6ia United Paperboard 35 fourth consecutive year of expansion .,2,’,: Case (J 1) Co (4) 149 150 24 Guantanamo Sug pf J 41 30% Pacific G & K (1%). 11 38t +1¢ 10 U S Distributing pf 290s in farm revenues. The survey con-| 143 116 Case (J 1) Co p» (1) Ty 127% 1274 28% Gulif States Steel 58%° 44% Pac Light (12.40)_. 39 504 +3% 13 US& For'n Secur 1 tinues: % Caterpillar Trac 2. 894 891a 34% 30 Hackensack W(13%) 7 47% 14% Pacific Mills (a1) _. 10 4214 —1% g:% ggamxm nlzb With pri aid f ds bought % Celanese Corpall . 2 2613 26Y 6 Hall(WK)Printing 152 118 Pac Tel & Telega7. 10s 152 15 1 e ypsum (12)_. PICEs: i il oo R T 0 1fic T&T pf(6 50 152 152 417 8% U S Hoftman isi 116 107% Celof Amprpf A7 108 108 32 14 Hamilton Watch 152 140 Pacific T&T pf(6) . +1% :-Vm“h‘l‘ 1]‘"“"’ s fo averag® | 6w 19 - Celotex Corp = 6% 35% 36% 521 30% Harb-Walker (12)_ 4 50% % | "22% 11% Pac West'n Oilafsc 3 214 — & 31% U'S Indus Alcohol tly lower than a year ago, the . A stimulating factor was that rye quotations both at Minneapolis and | Winnipeg suddenly bulged 5 cents a +1% | bushel, the extreme limit allowed in = '3 any 24-hour period. Sharp advance: 47 Truax-Tra C(a2sc) £ toward the last in Winnipeg whea! zé:: IJ&"C".',':}-?; G- 2 - ;':‘ | prices were also given keen notice. STt 1 a| At the close wheat in Chicago was 8% Twin City R T p unchanged to 3 higher than yeste: 65% Twin CRT pf $14 4708 107% day, December. 1.347,-%: May. 129"~ 2% Ulen & Co 1 4% 5 Corn % off to " up: December. 74% Und-ENl-Fish(a2%) 6 913 0775-1.08; May, new, 1.04',-%: oat | ¥4 lower to' % higher. and provisions 3815 Uniton Bag&Pap (2) R 681y unchanged to 10 cents advance. Transamerica t40¢ 9 3 | Tr Wn A c exrts Tr&Wn A rts,Jan 6 % Transue&W (160c). Tt Tricontinental a50c. @ St 11% Bulova Wateh in 1930. 3415 25 Burr Ad Mch(160c) NEURORDBN NRND OB 71% Unfon Carb & C 3.20 23 1033, 20% Union Oil Calif (1) 10813 Union Pactfic (6) 90'x Union Pacific pf (4) 1+I+I|+II++I|II s FEEFSEPEEPEFERPIESNEL | 5 B December_ 1.07% 121 Otis Steei 15" 16% 10 [N sy¥ey FEFFEERELES & REEER SRR AR 3R AT FFEF & e o T U T B O | FFEFFFEF - o Lirrr+n o +1+ 25% Co 15120 Harb Walker pf () 2 13% 6% Packard Mot(ad5c). 145 10% - % 4% US Leather vte .. prospect is that-the farmers’ purchas- | oyt g Gomt ASHTe () Sn 1 h oo Amt) % 169 Wi 1% Paphandle Pro& R. 2 s 10% U S Leather A vto - ing power will be 10.8 per cent larger 35 ,Central RROf NJ_ 39 40 115 104 HatCprww (6%)- 7413 1815 Panhandle P&R pf- 63% —1% Z;A ggl:noll ':x“m' o BELT than last year, It will be 55.8 per 6'3 Century Rib Mills._. 11% 9 4% Haves Bodv ¥ 97 sz Paraffine Co (12)... 9% +1% lG;:UBRI:;b?r mp.. oo - ---- - 1 cent above the depression’s low in 47% Cerro de Pasco (4). 2V 1% 21% 1% Hecker Prod (60c) 23% T4% Paramount Plet A8 RAbLeE AateE Chicago Cash Market. D Gl L L) L L et B AT e s e ok ik e g 103% 724 /0'S Smelting (a10) Cash wheat, No. 1, hard, 1.37; No, depressi 1929. As ed 5714 Certain-teed pf (6)- 3 63 149% 84 Hercules Pow a5% L 4 21% 814 Para Ple 2nd pf60c x4 Lol 2 - e . No. 1, , 1.37; No. pression year : SoTpa 19 Champ Pap&F (1) 1 4 3T% 49%s 304 Holland Fur (a1%). " 35% 1715 Park & Tilford (2)_. 5% 68l USSm&R pf (3%)- 7 2, mixed, 1.37; corn, No. 3 mixed, with 1929, the increase in purchasing 59 Chesapeake Corp(3) 86% 122 108 Holland Fura pf(6) 5% 2% Park Utah 79% 46% U S Steel 13 + %|104'2-.09% mainly white: No. 4, power will amount to only 7.9 per cent. 51 Ches & Ohio (12.80). 8 w 66% 9 Holland&Sons t50c. 50% 40% Parke Davis (a1%). 154% 115% U S Steel pf (7). 3 u'd"b, u:l'w N_I' 4 +l' white, 1.06% mainly white; No. 3, yel- Today's Trading on Exchange. 27% Chi & East 11l pf(d) 7 P Lo 86 0, DatkeRuELE, T 98" 7% Dai e men ) 1 Sow 864 8o —im|low. 106%-07%: No. 4, yellow, 1.0213- Capital Transit sold in 10, 50 and O e = R e 395 EiBua-Horan(A)2%. ; % Pathe Film Corp. 3 165 153 UnivLeaf Tpf (8). 20s 162 162 162 +2 |.06; No. 3. white. 108%-11: No. 4, 65 share lots on the Washington Stock 4 Ol 23" 317 22% Houd-Her (B) 11%. 10% Patino Mines ... 115 50 UnivPictlstpt .. 50s 103% loal. 103% —11 | white, 1.07%4-.082; oats, No. 1, white, Bxchange today at 13%. There were 2 Chi it ar oA a); 2" 65 House Fin pf 3%__ 114 Peerless Motor ... 3% Ut Pwr& Lt (A). 21 4k 4 = W|5314-54%; No. 2, white, 5214-54s; ERoR IOt He e % 27 Chi M St P&P pf (d) au 6% Houston U1l vic 60 Penick & Ford (13)_ 1 VadscoSaiesCorp. 27 24 2‘ — % | No. 3. white, 52-52!%; soy beans, No. 2. gage & Guaranty preferred at 6% 2% ChI&NW(d) 3% 48% Howe Sound (13)_ 69 Penney(J C) (a7%) 16% Vanadium “Jorp 176 291 26% yellow, 1.5115-53: No. 3, yellow, and Lanston Monotype moved at 88. 6% Ch1 & N W pf (d)... 10% 131% Hudson Motor Car. 3% Penn Coal & Coke 28% Van Raalte (as%)_ 3 lfim :? 1501 No. 4. yellow, 1.49%5-51; bar~ Bonds sold around recent strong| 2 12% Chi Pneumatic Tool 1. Hupp Motors. ... 414 Penn Dixie Cement. 40 VickChem (12) ... 2 42% 42% ley feed, 68-90 nominal; malting, 100- levels. 15 40% Chi Pn Tool pf $3%4. 18% tllinots Central 28% Penn Dixie C pf A 4 Va-Car Chemical - 7 ™ % 37 nominal: timothy seed. 5.85-6.10 “' - 3 1% Chi R 1&Pac «d) 58 11 Cent ise lines (4) 17 Penn Glass cfs a50c. 28% Va-Car Chem 6% of 24 55 524 R s 5 y L 5.1 = 0 sales were recorded in Amert 3% Chi R1&P 6% pf 1d) 4% Indlan Refin (a1) _. 281 Penma Railroad(a2) 10 100" Va Bia Beroreey 108 113% 113% hundredweight; new, 5.60-.85 hundred. ean Security & Trust Co. stock at 280, 'w: Chi R 1&P 1% pf(d) 25% Indu Rayon (11.68). 30 Peoples Drug (t1).. 13% 4 ¥a lron Coal&Coke A;s- flv. ;an R weight; clover seed, 24.00-31.00 hun- & new high for 1936 and a much longer 19% Chi Yellow Cab (3)- 147 106 Ingersoll-Rand(12) 38 Peoples GasChi ... 4% 14 V-llrol ga‘ [ u{fm 10' i m\s mu e dredweight. 2 period. It closed with 280 bid and 286 17% Chickash Cot Ofl__.. 122 £8% InlandSteel (13)._-. 4 Peoria & Eastern... 1371 120 V'u can Detin pf A 1] 3 asked. : 7 Childs Co 16% bl Inspiration Copper. 25% Pere Marquette _. 10% 5 WabashpfA(d) .. Winnipez Prices. The Securities & Exchange Com- 8514 Chrysler Corp(a12). 7% 5 InsShMdcfsa20c. 5* 5% 5% 56 Pere Marquette pf 9% Waldorf Sys 11.20_. WINNIPEG. December 18 (P.—Grain mission will receive no registration documents between 1 p.m., Thursday, December 24, and 9 a.m., Monday, De- cember 28gor between 4:30 p.m., De- cember 31 and 9 a.m., Monday, Jan- uary 4, it was announced today. J. G. Hopkins, Washington repre- sentative of the Lincoln National Life Insurance Co., ranked among the first 15 of the company’s 1,500 agents in personal production in November, the head office reports. , 15% City lce & Fuel (2). % City Stores 23% Clark Equip(11.60) 48 Cluett Peabody m) 84 Coca-Cola (12). 13 Colgate P-P (150¢c). 394 Collins & Ak ¥3___. FEE FEF FEEFFEEFE 68 68 1224 122 - DDA ANBES = WNRH-Ih O s 60% llBVy 107% Collins & Atk of (7) 10s 118% 113% 113% + % S'lTa 23% 45% 51% 136% 28% Colo Fuel & Iron___. 2 4Th 47 4T% - % 19% Colo & South istpf 708 27% 27 27 14 ColumbG& Batdc 36 18% 17% 18 31 Colum Piet vio (1) 1 35 34% 34% - % 24 Colum Rlcevpf3% 2 41 41 41 94 Colum e(14) . 2121 120 120 18% 111 Inter Rap T vto (d) 12% 124w 214 Intercontl Rubber_. 5% 6 17 9% Interiake iron ... 16% 16 5% 2% Int Amc\munt_. . ‘: 4% 47% 22% int Agricul pr pf... 194 160 Int Bus Mach (16).. 3 189 187 189 1041 565 Int Harvester 3% . 13 103% 102% 103 - 4% 10% 2% int Hydro Elec (A). 10% 10 +% 8 414 Int Mercantile Mar fi!s 5% 15% 10 intl Mining (a%0c)-x l‘l Uk - & 66% 43% Int Nickel (a1.30)._ 25 634 — % 23% 3% int Paper & Pw (A) 17 204 - % 14% 24 int Paper & Pw (B)r 9 12% - % 8% 1% Int Paper & Pw (C)Y 6% 6% 3% 101% 16 49% 84 1% 6414 Pere Marq pr pf 120 12% Pet C'p of Am a90c_ 10% Pfeiffer Brew ¢1.20) 25% Phelps Dodgeal¥% . 3% Phila Rap Tr (d) 8% Phila Rap Tr pf (d) 1% Phila & Read C& 1. 66 Phillip Morris (3).. 7% Phillips Jones __. 384 Phillips Pet (82%). 70 thll:nlli of (3%). aSrnmannicarnaa 30 Walgreen Co (3)._.. 264 Walker (H) (2). ... 17% Walker (H) pf (1)- 5% Walworth Co ... 21 Ward Baking B____ 9% Warner Bros Pict. 68% 44 Warner Bros pic of. 2% % Warner-Quin (d)... 6% Webster Eisenlohr ed on Twenty-third - saoRo-aaBuanm— % W 03 i W % Prev. Close. close 1% 1.20% Kelsey-Hayes Wheel Co.—Com- pany's two plants ine Detroit have been shut down following a sit-down strike called when management re- jected all proposals made by Unted Automobile Workers of America.