Evening Star Newspaper, December 21, 1936, Page 20

A—-20 w¥» SHARP DROP SEEN INNEW INSURANCE November Business Off Nine Per Cent From Like Period Last Year. BY EDWARD C. STONE. New life insurance written in the District of Columbia in November took the biggest tumble of any month this year, standing at 9 per cent be- low the record for November, 1935, the Life . Insurarce Sales - Bureau of Hart- k. ford reported to- f day. For the first 11 months of the year, however, the amount of new insurance written reached exactly the same total as a year ago. Virginia made the best showing of any nearby territory, reporting a pick-up of 6 per cent over November last year. Next came South Carolina with a 3 per cent gain. The average for the whole United States revealed a 3 per cent loss over the same period in 1935. November business in North Caro- lina was 6 per cent under last year, in Maryland 7 per cent and in West Virginia 14 per cent. Nearly half the States in the Union failed to do as well as they did a year ago. How- ever, in November the United States total in new insurance stood at $477,- 569,000 and in the South Atlantic area at $43,104,000 New policies in Washington totaled $4,879,000; in Maryland, $6,719,000; Virginia, $6,448,000: West Virginia $5,667,000; North Carolina, $6,085,000, and South Carolina, $2,543,000. Vir- ginia stands with the Capital in do- ing as much business as last year in the first 11 months of 1936. Among the cities, Washington out- stripped Chicago, Cleveland and New York, but was behind Boston, Detroit, Los Angeles, Philadelphia and St. Louis, which stood atop the with a 13 per cent jump over November, 1935. All these cities are behind the Capital in the record for the 11 months under review, failing to write as much new business as they did a year ago. Willis Wins Insurance Fame. W. A. Willis, associated with the Mutual Life Insurance Co. of New York, Thomas P. Morgan, jr, local manager, led the entire sales force in the United States in new paid-for business in November. Furthermore, this is the ninth time he has been on the company’'s list as a leading pro- ducer. Long with this company, he has Just completed his twentieth year in the life insurance business, devoting W. A. Willis his time to taxes, auditing of estates | and other estate matters, coming in contact with many trust companies and lawyers. Mr. Willis comes from a prominent Virginia family whose members have resided in Fauquier County for six generations. He attended Randolph- Macon and has traveled extensively. Further Bonuses Declared. ‘The Washington office of the Dome Oil Co. announces that the directors have declared a Christmas bonus for all employes of the company, ranging from $10 to $75 each, depending on the length of employment. At the #ame meeting an extra dividend of 60 cents a share was declared, payable December 28, to stock of record De- cember 20. This was in addition to the regular annual dividend declared last June. In addition to the regular quarterly dividend deciared last week by the directors of the Security Storage Co., a Christmas bonus alsc has been voted to all employes of the company, it was announced today. Dry Goods Demand Tops List. The demand for dry goods topped | five leading wholesale lines in the Fifth Federal Reserve District in No- vember, the Federal Reserve Bank of Richmond announced today, being 42.2 per cent higher than a year ago. Hardware sa’es were up 13 per cent, drugs 104 per cent, shoes 10 per cent and groceries 6.1 per cent. ‘Wholesale trade in November, how- ever, was not as heavy as in Oc- tober of this year, when a great deal of advance Christmas buying was recorded. Wholesale trade in dry goods also headed the list in the first 11 months of this year, being over 16 per cent better than a year ago. Groceries sales were 8.5 per cent higher, shoes, 10.7 per cent; hardware, 10.2 per cent, and drug sales, 87 per cent better than in the like period in 1935. The Richmond bank reported stocks on hand as somewhat higher than at the end of October, 1935. Groceries stocks were 1.6 per cent lower than at the end of October this year, dry goods were 16 per cent lower, shoes 2 per cent higher and hardware about 3 per cent lower. November collections Wwere the best in wholesale groceries, standing at 101.2 per cent, dry goods 44, shoes 69, hardware 47 and drugs 66 per cent of receivables due the first of the month. Insurance Leader Transferred. Loren L. Cluster, who has been agency organizer for the last four years in the Washington office of the New York Life Insurance Co., has been transferred to the company’s Philadel- phia office, it was reported today by Agency Director Earl D, Krewson. He has been very active in Capital insur- ance circles, and is at present secre- tary of the District of Columbia Life Underwriters’ Association. His asso- clates are planning to honor him with a testimonial luncheon tomorrow noon at the Olmstead Grill, the committee being made up of F. C. Jude, B. F. Satterfield and H. K. Long. A. B. A. Defines Policies. A statement of principles of com- mercial banking, sponsored by the American Bankers' Association, was made public today in an announce- ment by Tom K. Smith, president of the association. The aim of the state- ment, which was prepared by the Bank Management Commission and spproved by the Executive Council of the association, is declared to be to summarize the fundamental relation- ship and responsibilities which exist between the commercial banks and the public. Today's Trading on Exchange. FINANCIAL, By Private Wire Dlrm t The Star. 115 p. Prev 1956 Stock ana Low. Dividend Rate. 59 Acme Steel (4) 9% Adams Exp (afbc) .. 22% Address'grapht 1) 1'% Advance Rumiey.._. 58 Alr Reduction (11). 2 Afr-Way Elec Appll 13 Alaska Jun (160¢). 214 Alleg Corp (d) 12% Alleg pt wisow (d) 12% Alleg pf wS40w (d) 1213 Alleg pf xw (d) ... 27 Alleg prpf (d) _ 267 Alleg Steel (al.65).x 245 157 Allled Chem (6) 23 Allled Mills 6% Allied Stores 69 Allied Stores pt 16) 35% Allis-Chalm (11%). 19% Alpha Port C(al%). 4 Amal Leather - 32 Amal Leath pf (3)-. 75 Amerada corp t2)._. 49 Am AgCh (Del) a4_ 37 Am Bank Note (11) 20 65 Am Bnk Note of (3) 40- 40 Am Brake Sh (12).. 137% 110 AmCan (14) - 17 5912 30 Am Car & Foundry. 96!s 57% Am Car & Fdry pf_ 8% 31 Am Chain (a4)___ 120% 111 Am Chain cv pf (5). 113% 87% Am Chicle (14)__. 16% Ts Am Colortype - 2032 Am Comcl Al (a50c) 16% Am Crystal S(adue) 3'9 Am Encaustic_. 612 Am & Foreign Pwr_ 20 Am & For Pw §6 pf. 29% Am & For Pw §7 pf. 12 Am & For Pw 2d pf. 13 Am Hawatlan (1)__. 4% Am Hide & Leather. 37 Am Home P (12. 60) 2W Amlce . 16'3 Am Ice pf (2) 93 Am Intrnat'l (a40c) 23% Am Locomotive 21 Am Mach&Fdvit1l) 10 Am Mach & Met 60c. 27 Am Meta: 35's Am News (NY) (3). Am Power & Light. 36% Am Pwr&Lt pf (5). 43 Am Pwr&Ltpt (6). 18% Am Radiator(t60c). 23% Am Rcll M (11.20) - 31 Am Sat Razor (12)- 18 Am Seating(azig)_. 25% Am Smipuidg 12) 56% Am Smelt&Ref (3)_ 13104 Am Smé&Ref pt (6)- 7 573 Am Snuft (13) . 61% 20'3 Am Steel Fdry (al) 145' 107% Am Steel Fy pt (7). 36 24% Am Stores (2) 63% ,48'% Am Sugar (2) 26% 20% Am Sumatra Tob t1 1905 1493 Am Tel & Ieleg (9) 102t 87 Am Tobacco (5)._. 8813 Am Tobacco B (5) 87 Am Type Founder: 19'x Am Wat Wksaslc... T Am Wocien 52% Am Woolen pf (14)- 3, Am Writ Faper (d) 4y Am Writ Pap pt (d) 33 Am Zinc & Lead 24 AmZinc & L prpf_ 28 Anaconda Cop (11). 35 Anaconda Wire 12_. 15 Anchor Cap (6U¢) Anchor Cap pf(6%) Andes Copper.. AP W Paper Archer-Dan-M (12) Arch-Dan-M pf (7) 4% Armour (1)iinois) 66% Arm'r(111)pr pf (6) 474 Armstrong C'k t11. Th Arnold Const (5V¢). 81x Artioom Corp 12% Asso Dry Good: 59 Atch To& S Feal.. 90% Atch To&S Fe pf(5) 21% Atl CoastLine(al).. 11 AuGuit& W ina 26% Atlantic Refin (t1) 112 Atlas Powder pf(5) 14 Atlas Tack (a75¢).. 265 Auburn Auto 5% Austin Nichol: 4% Aviation Corp (Del) 2} Baldwin Loco (d) 29’3 Baldwin Loco pf(d) 2% Baldwin Lo asd(d). 33% Baldw L pfasd(d)- 1574 Baitimore & Uhio 21 Baltimore & Ob pf_. 417 Bang & Aroos (2%) % Ban & Ar rts Dec 28 o o mamenRoReamneee Bl oane - - oo O SR D10 1 1 03103 55 b 2 0O I B 00 e TR <} e -Rro 5 o 131 304 54k 10% 14% Barnsdall O1l (30¢) 16% Bayuk Cigars 175¢_ 18 Beatrice Cream(71) 13% Beiing Hem (1) 85 Beech-Nut Pkg(t4) 21% Bendix Aviatalls) 20 Beneficlal L «713§) 48 Best&Co (2%) 45% Bethlehem Stla 0 Gt 0 00 5 1 Y 3 14!, Blaw-Knox (a8uc) 4« Blumenthal pf(321) 167x Boeing: Alrpiane 80% Bon Ami (A) (a5) - 41 Bohn Alum&Br «3) 39 Bon Amj (B) (a3)_ 25% Borden Co (1 60)_. 64 Borg-Warner (4)-. 6 Boston & Maine . 1214 Bridgp't Brass t40e 43Y% Briggs Mfg (12) __ 474 Briggs & Strat (3).. 40% Bklyn-Man Tr (4)_. 97% Bklyn-Man T pf (6) 4412 BKiyn Un Gas (3)..° 45 Brown Shoe (3) ___ 8t Brunswick-Balk 87 Bucyrus-Erie 9% Budd (E G) M{; 8% Rudd Wheel (a20c). 208, Bullard Co (a1%)-. 11% Bulova Watch 25 Burr Ad Mch(t60¢c). 214 Bush Terminal (d)- 8% Bush Tefr: deb (d). 14 Bush T Bldgs pr(d) 7% Butler Bros (a60c) 29% Butler Brospf 1% 2% Butte Cop & Z(a5¢).x 16 16% Byers (A M) ... 54 Byers (A M) pf.. 22 Byron Jackson 1. 30% California Pack 1%. 8 Callahan Zinc-Lead 6 Calumet & Hec a7sc 30 Campbell Wy (1). 10% Canada Dry G A 10% Canadian Pacific 37 Cannn Mills (a4) _ 6% Carriers & Gen (30c 9215 Case (J 1) Co (4) . 54% Caterpillar Trac 2. 3 21% Celanese Corpal; . 116 106% Cel of Amprpf A 7. 19 Celotex Corp 54 Celotex Corp pf $5. 26% Cent Aguire (1% ) 6% Central Foundry Co 35 Central RROf NJ_ 47% Cerro de Pasco (4). 8% Certain-teed Prod 571 Certain-teed pf (6 59 Chesapeske Corp: 51 Ches & Ohio (12.80) 1% Chi1 & East 11 (d) . 27 Chi & East 111 pf(d) 1% Chi Grt West (d) ... 4 ChiGrt Wof (d)._. 25% Chi Mail Ord(113%). 1% Chi M1l St P&P (d) 2% Cht M St P&P pf (d) 2% Chi&NW (@) ___ 6% Chi& N W of (@) __. 12 Chi Pneumatic Tool 40% Chi Pn Tool pf $3%. 1% Chi R 1&Pao «d) 3% Chi R1&P 6% pf td) 8% Chi R I1&P 1% of(d) 19% Chi Yellow Cab (2). 17% Chickash Cot O .__ 7 Childs Co 85% Chrysler Corp(a12) 15% City ice & Fuel (2). 2% City Ice&F of (6%) 4% Citv Stores 23% Clark Equip(t1. 33 Clev Graph Br ( 48 Cluett Pubody 1) 84 Coca-Col 18 Cotmase P-P (15063 © o - PPN 0 o S 108 12 60s ¢ Add 00. 10 12% 102 119 THE EVEN. 109 T 20% 156% 123 1% 9 36% 26% 35% B 109 87y% 46 12% 185 403 15% 47, 175 o 25% 870 944 116 14% 524 18% 21% 41 149% 80 49% Lrerir++1 FEEERFFEFAS . 1936 Low. 106 115 104 Hat 2:16 p.m. Stock and 8 Dividend Rate. 72% Con C pr of ww 6% 65% Consol Cigar pt (7) 27% Consol EA N Y t2__ 102 Consol Ed NY pri5) 4% Conso! Film . 15% Consol Film pf(}2). 11% Consol Oil (8J¢) . _. 5% ConsolR R Cuba pf. % Consol Textile (d). 2 Cons Coal (Dsl)vte 12% Cons C (Del) pf vte 15% Container Corp (t1) 10% Conti Baking (A) .. 1% Contl Raking (B) 67Y% Contl Baking pf($9) 6415 Cont’l Can (13) . 35% Contl Insur (11.60)_ 2% Contl Motors 284 Contl Ofl (Del)al% 25 Contl Steel Corp(1) 55% Corn Ex Bk&Tr (3) 63% Corn Prod Ref (13). 4 Coty Inc 24 CraneCo .. 35 Cream of Wh't (12) 15% Crosley Radioal% - 43% Crown C 'k& S (a4) . 3% Cr'n C&S rts Dec 23. 7% Crown Zelleb's vto. 28 Crucible Stee) 95% Crucible Stl pf $4%. 9 CubaRRpPL. .. .. 6% Cuban-Am Sugar... 63'3 Cuban Am Sug pf.. 35'% Cudahy Pkg (2%)-. 16% Curtis Publishing.. 4 Curtiss Wright 10' Curtiss-W (A) a50e 36% Cushman Sons pf . 43% Cutler-Hammer t1. 7% Davega Stores (1) 107 Dayton P&L pf 412 52 Deere & Co 27 Deere & Co Df(1.40) 19'¢ Delsel-Wem-G (11) 36% Delaware & Hudson 1474 Del Lack & West 4% Den&Rlo GW pf (d) 30% Diamond Mtch t1% 18'4 Dist Corp Seag Ltd 93'3 Distillers C'p pf 41'; Dome Mines (12)__. 7% Dominion Store: 50% Douglass Atrc: 29 Dresser Mfg(A)al3. 13 Dresser Mfg(B) al. 1'4 Duluth S S & Atl pt. 47 Dunhill Internatl _ 114 Duplan Silk pf (8) .. 133 Du Pont de N a6.10. Du Pont deb (6) 115% 111% Duquesne Lt 1st (5) 5'3 Eastern Roll Mills... 156 Fastman Kod (§)_ 2814 Eaton Mfg (12) ... 5% Eitington Schild 30'. Elec Auto Lite 12.40 Flec Boat (a60c) . El & Mus Ind al8c Elec Pw & Lt = Elec Pw & Lt $6 pf_ Flec Pw & Lt $7 pf_ Elec Stor Bata2¥% .. Elk Horn Coal (d) .. Elk Horn C pf (d) El Paso Nat G(1 60) Equit Office B a20c.-. ErieRR Erie R R 1st-pf “« ErfeRR2dpf .. Eureka Vae C (%0¢) Evans Product(t1). Exchange Buffet. Fairbanks Co . rbanks Co pt Fairb’ks-Morse(t1) Fajardo Sugar (2).. Federal Lt & Trac . Fed Min & Smelter_ Federal Mot Tr 40e. 3 Fed Screw Works . 215 Fed Water Sve (A) 2013 Fed'd Dept S (al1%) Fedtd DScupf4aly 38 Fidel Phoe F I ¥1.60 2474 Firestone T & R (2) 40 First Nat Strs 213 3014 Flintkote Co (1) 4715 Florence Stove 414 _ 17'a Florence Stove war. 25% FlorsheimtA) (11)_ 3% Follansbee Bros (d) 3 Food Machine (1).. 24 Foster-Wheeler 30's Fourth Nat 1a2.35. 2313 Freeport-Texas (1) 47% FullerCoprpf..... 3135 Fuller Co 2d o 3% Gabriel Co (A).. 11% Gamewell Co 1513 Gar Wood Ind a53c. 81 Gen Am Inv ra7se). 42% Gen Am Trans (a3). 10% Gen Baking (160c) .. 7 Gen Bronze. 5% Gen Cabl Gen Cable A 703 Gen Cable pf (37) 49 GenCigar (t4) _. 344 Gen Electric (11)._. 33% Gen Foods 11.80) __. 7a Gen Gas & Elec (A) 8 Gen Mills (3) 537 Gen Motors (a4%5). 5‘- 118 Gen Motors pf (5) .. 5% Gen Outdoors Adv 18% Gen Outdoor Adv A. 38 Gen Print Ink (ad)- 3l Gen Pub Service __ 321 Gen Ry Signal (1).. 2 Gen Realty & Otil.. 26 Gen Realty & V" pf_. 33% Gen Refrac (a3 ) 32 Gen Sti Casting pf 17 Gen Theatre E (a2). 13% Gillette Saf R (1) 70 Gillette S R pf (5)— 6% Gimbel Bros. ... 39% GliddenCo (2). __. 521 Glidden cv pf(2% ). 37 Gobel (Adolf) — 6% Goebel Brew (t20c) 13% Goodrich (BF) (al) 74 Goodrich(BF)pf(§) 215 Goodyear 1" & R T 105% 100 Goody r T&R of (5) 87 Goodyear $7 pf (4).. 8% Gotham Silk Hose.. 2 Graham-Paige .. 1% Granby (2d stpd) . 3% Grand Unlonctfs._ 16 Grand Un pf (31%) 2415 Graaite City Sl (1) 28% Grant(W T)(11.40). 324 Grt Northernpt . 16 Grt North'n Ore (1) 31 Grt West Sug (2.40) 119‘/, 136 Grt West Sug pf(7) 22 Green (H L)Co(11) 65 Greene Cananea (3) 15% Greyhound (180¢c) n 1% Guantanamo Sugar 24 Guantanamo Sug pf 9% Gulf Mobile & N 30% Guif Mobile & N pf. 28% Gulf States Steel _. 6 Hall(WF)Printin 14 Hamliton Watch 1251 104 Hamilton W pf (6)- 30% Harb-Walker (12)_ 12 Corp of Am (A) prww (6%). 4% Hayes Bod 133 100 Hazel Atlas Gl (15). 12% Hecker Prod (60c). 25% Hercules Mot (t1)_. 84 Hercules Powabi . 587 Hershey Choc (13) .. 304 Holland Fur (al1%). 120 108 Holland Fura pf(5) 9 Holland&Sons t50c. # Holl&Son rts Dec28 19% Holly Sugar (t2) . 29% Houd-Hersh(A)2%. 22% Houd-Her (B) t1%. 6% Houston Ofl vto . 48% Howe Sound (13)... 3% Hudson & Manhat.. 13% Hudson Motor Car_ 1 Hupp Motors.. ... 18% (llinois Central. ... 30 [llinots Cent pf (A) 3% 68 I11Cent Ise lines (4) lfi% 12% 12% + 115% 115% -3 18% 18 18 - % 86 85 86 10% 10% 10% — % 122 ll'l 106 140 126 Ingersoll-R'd pf(6) 16% % 4% Indian Refin (a1) .. 25% Indu Rayon (11.68). ingersoll-Rand(+2) £8% InlandSteel (13).... 6% Inspiration Copper. 5 InsSh Md efs a20c. Rap T vte (d) ales— dd 00. Hi Net gh. Low. Close. Chge. 20s 89 88% 88% + % 8 78 78 -1 48 43% 42% 424 -1 : 107% 107% 107% + % Prev. 1936 L gh. 3T% 22% 31% 93% 2:15 p.m. Stock and Low. Dividend Rate. 10% Interstate D S a60c. 15 Intertype Corp (1) 24% Island Creek (2)... 581 Jewel Tea (14) .. 4% — % | 1461 88 Johns-Manville(i1)x 1 lfli 13 14% 3 9 13 1% 47 T 13608 31% 3 22 16% + % 1% - % 9% 8 3% FEFEEFE &8 _I_I FEF (s AU SRRFELEE S |+ - & () S F 12 3% + % 6 + % 4% 22% - % 38% + 4 “ -4 38Y% - % 18% - % 38% — % NE% +1% 331 — W 80% — % 4% — % 3l 55% — % 12% — % 501 — % 56 -1 13% 27 101% 104% 50% 2.2 lfl% - S 8 » velBrounarvelralanTasass - - 2 37Tk 3Tk 3Tk 1 133% 13314 133% + % 108 140 140 140 4 118 116% 116% - % !:: 1T% 16% 17 +1 14 1% - % 164 1 4 & T T Y asserstsses 557 l2fl'fl 121% Johns-Manv of (7) 2 43" 27 39% 101 36% 9% 228 21% 475 194 15% 38% 164% 37% 107, 60 110 3104 13% 352 59 36% 4% 32 171 59% 264 19% 39y, 20% 120% 83% 70 22 15 32% 29% 39% 41 58% 4% 152 22% 13% 4% 974 23% 170 21% 37% 5% 50% 32% 10 11% 17% 3% 73 Sales— Add 00. High. 3 1 9 2 33% 19 29% 87% 2 143% 208 126 5% Jones&L 7% pf t3% 190s 129% 39% Kalamazoo S (11). 13 Kans City Southern 28% Kennecott (a1.70) . 17% Keystone S&W (2)_ 18% Kimberly Clark(1). 3% Kinney (G R)Co . 30 Kinney(GR)pf(al). 4% Kresge Dept Strs 747 Kresge Dept Strs pf 19% Kroger G&B(t1.60) 15% Lambert Co (3). 2 Lehigh Valiey Coal. 9% Lehigh Vai Coal pf. 815 Lehigh Valley R R.. 89 Lehman Corp (13). 12 Lehn & Tinkall%._. a;vs Lerner Stores (+2)_ 474 Libbey-Ow Gl a3 7 Libby. McN & Lal 25 Life Saver (11.60) 974 Ligg&Myers B (14 25% Lima Locomotiv 36 Link Belt (2) 32% Liquid Carb (2.60) lg Loew's Ine (t2) Loft Inc 8515 Lone Star Cmt(12) 3% Long Bell Lum (A). 38% Loose-Wiles (2) 211 Lorillard (P) $1.20_ 140 Loriilard (P) pf(7) 13 La Oil Ref pf (d) 20 Loutsv GAEDIA 1% 221 Ludlum Steel (+1)_. 29 Mc Call Corp (12)_ 124% McCrorv Stores _. 40% McGraw Elec (12) _. 16 McGraw-Hill 121gc. 381 Mcintyre Porcn (2) 84% McKeespt Tina5%. 8% McKesson & Rob .. 37% McKess&Rob pf(3). 11'3 McLellan Strs a20e 97% McLellan Strs pf(6: 27% Mack Trucks (1) _. (RH) Co2). 8% Madison Sq G t60¢c 8413 Magma Copper (al) 1% Manat! Sugar (d) .. 4 Manati Sug pf (d) . Man El mA gtd (d). Manhat Shirt (1) __. Maraeaito Ofl Exp_ Marine Midl'd t40c. Market St Ry Market St Ry pr pf Marshall Field & Co Martin Parry Mathieson Alk(1%) May Dept Strs (3)_. Maytag Co (a50c) Mead Corp Mengel Co Mencel Co pf Mesta Mach a3% __. Miami ¢ Mid-Cont Pet al. Mid'1d Stl Prod (12) Mid Stl 18t ot (8) Minn-Hon Ros 113% 614 Minn Moline Pwr M St PASSMlisin Mission Corp(adsc) Mo Kans & Texas Mo Kan & Tex pf A. Missouri Pacific(d) Mo Pacific pf (d) . 7a Mohawk Carp $1.20_ Monsanto ¢ hem(11) Mont Ward 12 exrts Mnt Wrd rts Jan Morreil 5 & Co 2 41 Mother Lodeal2lic Motor Prod «¢2) Motor Wheel (160) Mullins Mf(B)as0c Mullins Mfz pf (7). Munsingwear (+3)_ Murphy G C (12) 14 Murray Corp (a50¢) 15 Nash Motors (1) __ hv Chat & St Li_ 1213 Natl Acme (a75¢) .. 915 Nat Aviation (al) 28% Nat Biscult (1.60) 153 Nat Biscuit pf (7) 311 Nat B'd & Inval.ll. 106 Nat BA&RIpfA 1 21 107% 10 Nat Dept Stores 25% Net Dist Pred (12). 28 Nat En & Stpg (2) .. 26% Nat Lead 1150¢) 54 Natl Mal'ble&Stl a2, 9% Nat Pwi & Lt (60c) N 32 Neisner Bros (12) . 10415 Newb'ry (J J)pf(5) 9 Newp't Ind 3215 N ¥ Alréi 27% N Y Cent 17% N Y Chicago & St L. 8363 NYCh1 &St L pf. 9% N Y Shipbuilding 83 N Y Steam pf (6)_. 9313 N Y Steam 1st (7)_. 210 Norfolk & W (18) __ 6% North Am Aviation. 234 North Am Co (1) 52% North Am Co pf (3) 237 Northern Pacific 2" Norwalk Tire&Rub. 19 Norwalk T & R pf. 12% Ohio Ol (a60c) 2414 Oliver Farm Equip. 17 Omnibus Corp vte.. 8 Oppenheim Collins_ 241 Otis Elevator a7sc. 1233 Otis Stees 2 70 OtisSteelprof _ 82% Otis Stl 1st pf(514). 47 OutletCo (2) 13 Pac Am Fisher (1). 314 Pacific Coast _____ 8% Pacific Coast 1st___ 4% Pactfic Coast 24 30 Pacific Finan +1.80_ 30% Pac Gas & Elec (2)_ 44% Pac Light (12 40)__ 14% Pacific Mills (al) . 140 Pacific T&T pf(6) 11% Pac West'n Oil a65c 6% Packard Mot(a4bc) 18% Panhandle P&R pf. 67 Paraffine Co (t2)__. T4 Paramount Plet .. 59 ™ara Pic 1st pf (6)_. 8% Param’t 2d pf $60c._. 17% Park & Tilford (2)_. 2% Park Utab 40% Parke Davis (al1%)x 23 Parker Rust Pt1y 4% Parmelee Transp't. 6% Pathe Film Corp . 10% Patino Mines (60c). 1% Peerless Motor _. 60 Penick & Ford (13). 69 Penney(J C) (a7%) 3% Penn Coal & Coke . 43 Penn Dixte Cement 17 Penn Gl §'d cfs as0c 281 Penna Rallroad(a2) 38 Pcoplu Gas Chy & Eastern... liu Pere Marquett: - 3 Soen® 8% Phila lll?rslld) - S BRGNS unCosaviing rofBmanman 2 -9 o =53 5. 8. 5. 46% 20% 29 Net Prev 1936 Low. Close. Chge. | High. 32% — % 19 - % 20% + % 87% + % 141% -2% +1% + % -1 T+1+0000 +1l+++10 FESEFSF [} ) & L++1 410 ,',, F OSEFESESF U 29% 11% 3% 134 28% 28 3% 55% 501 13 66 24% 118 133% 20 19% 14% 80 107% 20 38% 503 50 16% 4l 2418 25 8% 297 104% 34 60% 117% 101 49% 9745 114 114% 50 3% 557 1274 ING STAR, WASHINGTON, D. C, MONDAY, DECEMBER 21, 1936. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE FINANCIAL 2:15p.m. Stock ang Low. Dividend Rat 12 . Poor & Co (B) 4% Porto R Am Tol 1% Porto R Am Tob B_. 6% Postal Tel&C pf (4) 17% Pressed Steel Car._ 17% Press Stl 1st pf 25¢. 57'% Press Stl 2d pf 2% 40Y% Proctor & Gam ti% 39 PubSveNJ (12.40). 103% Pub Sve N J pf (8). 367 Pullman Ine (1%) 16 Pure Oll 91% Pure O11 6% pf. 103 Pure O11 $% pt 9% Purity Bak (1402 16% Quaker Sta Ref 80c. 9% Kadio Corp - 681 Radlo Corp pf A 3% 5 Radio-Keith-Or (d) 11 RRSeclllCent __. 287 Raybestos-M t1% 855 Reading (2) - 39 Reading 1st pf ‘2). 974 Real Silk Hoslery. .. 17 Reis (Robt) = 12'4 Reliable Strsas0e.. 17'% Rem Rand (160c)... 4% Reo Motor Car._. 167 Republic Ste 78% Rep St pr of A (6). 10 Revere Copper 90 Revere C&B pfall 22% Reynolds Met (1) . 50 Revnolds ‘T'ob B (3) 74% Ruberoid Co (t1)__. 5% Rutland R R pf way Stores(12) Strs pf(5) . 108 h:lewly Strs pr (6) 110% Safeway 8trs pf (1) 22 St Joseph Ld (al).. 1'3 St L-San Fran (d) .. 2% St L-San Fr pf (a)_. 37% Schenley Dist (+3)_ 96 Scueniey L pf (53) 1% Schulte R Strs (d) .. 7% Schulte R S pf «d)_ 53'5 Scott Paper (12) ___ 7 Seaboard Alr L (d). 2 Seaboard A L pf(d) 30% Seaboard O1l (1) 313 Seagrave Corp 59 Sears Roebuck (12) 2% Second Nat) Invest. 15% Servel Inc (t1) 20% Sharon Steel (11.20) 89 Sharon Su H pf (5). 4% Sharpe & Dohme 11'% Shattuck F G(150¢) 14% Shell Un Ofl (a25¢). 102'% Sheil Un O11 pf 6% .. 3'2 Simms Petrol 19'3 Skelly O 112 Skelly Oil pf (6) 54 Sloss-Shefhield Stl ith (A O) ___ 1der Packing th Port S (12) _ th Cal Edis 117 uthern Pacific « Southern Rallw Southern Ry pf Sperry C'p vte (al). Spicer Mfg pf (3) _ piegel-May S (5) . uare D Co (al% 57 44 63 9'; Stand G&E $4 pf (d) 24% Stand G&E $6 pf(d) 26% Stand G&E $7 pt (4} 2 Stand Inv Corp..__ 35 Stand O of Cal (11) 2%, Stand Oll of fnd t1_ 51t Stand Oflof N J (11 24% Starrett (LS) t.140_ 65 Sterling Prod 13.80 16's Stew- Warner t50¢ 14% Stone & Web Se) 9ta Studebaker Corp 70 Sun Ofl (11) . 118 SunOll pf (6)_ _ 27 Superheater (a%5c) 3 Superior O11 9% Surerior Steel 23 Sutherind Pap +1.60 20% Swift & Co (11.20) . 28Y Swift Intl Ltd «2) 15 Symgton-Gould ww. 12% Symingtn Gould xw 5% Tennessee Cop al5c. 287 Texas Corp'n (1) 4% Texas Gulf Pr (afe) 33 Tex Gulf Sul (12)._ 28 as& PacRR . 715 Tex Pac C & O a25e. 9% Texas PL T (al0c). 813 Thermold Co i 3% Third Avenue 8% Thomp'n (JR) tide 24% Thomp Prod (al%) 47% Thompson Starrett 26 Thompson Star pf__ 14% Tide W Asso O 60c.. 100% Tide Wat A O pf(6) 12'x Timken Detroft(t1) 56 Timken Roll B (12) 11 Transamerica t40c 147% Trans&Wn Aira2ic 1% Tr&Wn ArtsJan 6. 10% Transue&W (160c). T'a Tricontinental ai0c 93 Tri-Contl C pf (6) . 47 Truax-Tra C(a25c) T Truscon Steel 2214 20th Cent Fox (2)-. W TwinCity RT 65% TwinCRT pf $14_. 2% Ulen & Co T Und-E!l-Fllh(lZ"A) 384 Union Bag&Pap (2) 71% Union Carb & C 3.20 2 20% Union Oil Calif (1) 149% 323 21 374% 96% 9% 487 163 29% 8l 50% 87 194 1314 23% 20 108'3 Union Pacific «6) _. 20% Unit Afrcraft a50c. 13 Utd Air L (a20¢) 16'4 United Am Bosch 68 United Carbon (13). 5% United Corp (a20c). 40% Unitea Corp pf ¢3) 10% United Drug (a75c) 15 Unit Dyewood(1)... 4 United Elec Coal . 3214 Unit Eng & Fy (12). 66 United Fruit (13).. 14% United Gas Imp «1) 6! United Paperboard 10 U 8 Distributing pt 13 US& For'n Secur.. 4 24% U S Freight (11) __. « 80% U SGypsum (12)... 154% 168 8% 92 165 115 7 2% 30 49% 116 48% 81y 58% 114% 13 41% 19 " 14 2% 49N 102 110 8% U S Hoffman 31% U S Indus Alcohol 4'% U S Leather vtc 10% U S Leather A vte _ 71 US Leath pr pf $4- 21% US Plpe & Fy(1%). 7% U S Realty & Imp_. 16% U S Rubber .. ___. 47 U S Rubber 1stpf.. 72% U S Smelting (a10) 46% U S Steel 115% U S Steel pf (7). 160 U S Tobaceo pf (7). 5 United Stores (A) 57% Univ Leaf Tob (+3) 153 Univ Leaf T pf (8). 50 Univ Plct 1stpf __. 3% Utll Pwr & Lt (A)_. 1 Vadsco Sales Corp... 16%4 Vanadium Corp 28% Van Raalte (ad3). 110% Van Ral 1st pf (7). 40 Vick Chem (12)._.. 4 Va-Car Chemical... 28% Va-Car Chem 6% of 109 Va El-& Pwr pf (6) 4 Va Iron Coal&Coke. 14 ValronC&Cof.. 5 Wabash pt A 9% Waldor! Sys 11.20.- 30 Waigreen Co (3)... 26% Walker (H) (3).... 5% Walw B 10% Ward Baking A.... 24 Ward Baking 8. 944 Warner Bros Plot_. W 'lfl.*fllll @)... 4% Warren . 21 Warren lyh’nl) 19% Waukesha Mot (1). 1168 111% West 1244 1164 West Sales— Add 00. 26 10% 2% 1% 267 P @ LrLEr ] oW e -2 -0 19 s 109% + % A 2 71 508 123% 1 54 16 4% 22 37 2 34 22. 25% 4 32% 40 19 10 14% 25 10% 30 50y 20 T 8 39 4 444 125 103, 6% 4 11 4 27y 11 6% 2 105 — 3 9 35Y% 2 14' 60s 103! 11 4% 10s 102 102 19 4 3% 4 2% 2 37 28% 26% 4 40 39% 10s 113% 113% 2 42 41% 12 7% 6% 11 52% 50% 308 113% 113% 1008 12Y% 12% 20s 38 38 18 8% Th 5 17w 17 2 38w 38 3 47 46% 61 11% 10% bty B0s 1140 lu" 0 | 10 25% — 8 56t — 18 | 665 —1% “ 48 Net High. Low. Close. Chge. 25% 25% — % 9+ % 2% - W - % 25% + % 25% —1% 69% —2% 11 +2% +215 | 12% — 4 | 10t — 104y . 11% - ¥ 274 - 31% —1% Iia — 4 19% — & 2314 64 19% + 10412 22 9% — -y —1% STOCKS SELL OFF FRACTIONS T0 §3 {Motors and Steels Leaders in Decline—Coppers, Spe- cialties Resistant. % | Y W Stock Averages 15 15 60 Rails. Ut}) Stks Net change. Unc. +.1 —.1 Une. Today noon. 940 37.1 50.7 688. Prev. day_.. 94.0 370 508 688 Month ago-. 956 378 510 69.8 - 720 289 431 540 - 993 435 537 71238 - 734 302 434 557 - 763 312 447 56.1 - 495 185 216 348 - 115 87 239 169 .1469153918431377 1927 low___. 51.6 953 618 618 (Complled by the Assoctated Press.) BY VICTOR EUBANK, Associated Press Financia: Writer, NEW YORK, December 21.—Led by the motors and steels, recent stock market favorites, today dipped frac- tions to around 3 points. Coppers and specialties were re- | fistant and a little buying support 3 |arrived for several of the more de- | pressed issues just before the finish, but losses predominated at the close. Transfers approximated 1,800,000 Offerings expanded in the final period following word from Detroit that union forces had taken the first step toward organization of General Motors workers by asking for a con- ference with company executives, The steels were in a retreating mood as fears were expressed labor prob- lems might spread to this industry. The American Iron & Steel Institute | placed the current mill operating rate at 77 per cent of capacity, off 22 points from last weck. The decline will be largely because of shutdowns for the Christmas holidays. The rails seemed to feel better for a time. following their Saturday's set- back due to the Interstate Commerce | Commission’s adverse decision on ex- tension of emergency freight charges. They followed the rest of the market later. Ahead the greater part of the ses- sion were Anaconda, Kennecott, Calus met & Hecla. Inspiration, Miami, | American Smelting. Canada Dry, Gr: % ham-Paige, Waukesha Motors, Moe | hawk Carpet, Stone & Webster, Elece %ltric Power & Light and Newport | Industries. On the down side were General Motors, Chrysler, United States Steel, Bethlehem, Republic, Montgomery | Ward, Sears-Roebuck, J. I. Case, American Telephone, Western Union, Consolidated Edison, American Water . Westinghouse, General Elec~ Du Pont, Goodyear, Allied Chem- Briggs Manufacturing, Union Carbide. Santa Fe. New York Central, Union Pacific, Chesapeake & Ohlo and Southern Pacific. NEW YORK COTTON By the Associated Press. NEW YORK. December 21 —Cot- ton was quiet and slightly easier toe- day. Selling was moderate, including scattered commission house pre-holie | day liquidation and some hedging. Demand was limited mostly to trade scale-down buying. March sold off from 12.24 to 12.18 and was ruling at 12.19 in midafter- noon when prices generally were 1 to 4 points net lower, Futures closed s January ___ \Ia'ch (‘ottomeed Oil. Bleachable cottonseed oil closed easy. January, 11.13b: 11.21; May. 11.33; July, 1.36. 102 contracts. b—Bid. ~ CHICAGO GRAIN | By the Associated Press. | CHICAGO, December 21.—All fu- | ture deliveries of corn climbed more |than 2 cents a bushel today, reaching {new peak prices for the season and futures March, Sales, 12315 —21, | helping lift other grains. 2718 — 14| Zs 26% -1 b | 86'% +1% % + % 144 167 +6% T 2 27 18 + new, 1.05a1.05'; . -y 208 164% lfil‘q 164% +2% 102 3% 1134% 41% - W 6%h — W 50% — % 113% + % 12% + 4 38 +2% T4 — % 17% + % 46% + U 10% ll iy e =g -% 39% — & December corn contracts led the upturn of prices, with active buying |on the part of previous speculative ‘sellers ‘The buying spurt, however, failed to last, and gains mostly failed | to hold. At the close corn was unchanged to (N higher, compared with Saturday’s finish, December. 1.093sa'.: May, wheat, '5a3; dow: December, 1.38';; May, 1.32' oats unchanged to !y up, and pro- visions varying from 15 cents set- | back to a rise of 2 cents. Chlcuo Cash Market. Cash wheat, No. 1, hard, 1.40'a 41';; corn, No. 3, mixed, 1.10, mainly white; No. 4, mixed, 1.03a1.03!2; No. 2, yellow, 1.10%: old, 1.14; No. 3, yel- low, 1.07a1.10; No. 4, yellow, 1.02%a 1.08: No. 3 white, 1.10%al.12%: No. 4, white, 108al.10%; oats, No. 1, white, 5315255, ; No. 2, white, 53a551;; No. 3, white, 5215 rye, No. 1, 1.2813; 80y beans, No. 2, yellow, 1.58; No. 3, yellow, 1.57; No. 4, yellow. 1.57; barley feed, 60a88 nom: malting, 1.00a140 nom; timothy seed, 5.85a6.10 hundred- weight; new, 5.60a85 hundredweight; clover seed, 24.00a31.00 hundred- weight. —— Decomber 21 Vet [ 1T T 1! e ro e v