Evening Star Newspaper, December 29, 1936, Page 15

FINANC1AL NEW YORK CURB MARKET SPECIALTIES RISE IN CURB TRADING Detroit Steel, A. & P. and Carnation Up About 1 to 2 Points. By the Associated Press. NEW YORK, December 29.—Spe- cialties thrust ahead in a steady Curb market today. Detroit Steel Products, Atlantic & Pacific and Carnation were up around ,1 to 2 points. Newmont Mining netted * about 5 and Singer Mfg. sold above 360 for a galn of around 10 points. Practional improvement was scored by American Gas & Electric, Lake Shore Mines, Pantepec Oil and United Light & Power “A.” Sunshine Mining, Montgomery Ward “A” and Creole Petroleum were a little lower. - Prices a la‘actor In Foreign Trade Peak Since 19_30 By the Associated Press. Reporting aggregate foreign trade for the first nine months of this year at the highest level since 1930, the Chamber of Commerce of the United States said today that higher prices were an important factor in the gain. Total exports and imports for the period this year was set at $3,499,- 000,000, compared with $3,074,000,000 in the similar period last year and $5,353,000,000 for the similar months of 1930. Increased prices were an important factor in advances by more than four- fifths cf the Nation's leading imports this year, the chamber said. Export prices during 1936, it re- ported, have been 12 per cent above the 1931-1935 average. CURB BONDS Ala Power 4% Ala Power bs ¢ Am Power 58 Ala Power bs Am & lyfiflhvh'm.mlhl Stock and ”-— Dividend Rate. Add 00. Hizh, Low. 3:56. Adams M 1stpf7. 60s 111 111 1l Aero Supply (B). 2 6 3 & Ainsworth (a1) 204 2034 Afr Investors Inc. i 8% 2034 -1 8y Alabam Pw pf (7) 10r 8034 80} 803 | Go! Allen [ndus (1) u Alles Fisher . ___. Alum'n Co of Am . Alum Good sad0c. Alum'n Ltd Alum'n Ltd cu pf.. Am Afrlines. [ne_. Am Beverage Am Capital (B) Am Cit P&L (A) 8 450¢ IM !m Am CP&L ww2¥ % Am CitP&L Ba20c 2 Am Cynam B t60c 38 Am & For Pw ww Am Fork & H (n) 2 244 2¢ 18 8% 800s 144 1421 IL!K 1% 17% Am Hard Rub(al)800¢ Am Lau Mch t60c. 4 Am Lt&Tr (1.20). Am Mfg Co (a3) Am Maracaibo Am Meter (a23)_ Am Seal Kap a30c Am Superpower Am Superpw 1st 6 Am Superpwr pi Anchor Post F' Angostura (120 Apex Electric(al) Appalach EPpf 7 Arcturus Radio T. Ark Nat Gas Ark Nat G cu pf. Ark Nat Gas (A) .. Art Metal W t60c_ Ashland Of] & Ref Asso Gas & Elec__ AssoG&E(A) _. 60 As50G & E $5 of 7 3044 Assoc Invest (+2) 100s Atl Coast Fisher . § Atlas Corp (a80c). 17 Corpwar... 48 of A (3) _ Atlas Plywd a50c. Austin Siiver Auto Products Auto Vot M(+50¢) 12 Ax-Fisher(3.20)A 180s Babcock&W a2.85 326e 132 Baldw L bd rts(d) 60 2% Barfum Stain Stl 5 8% Barlow&S(A)1.20 100s 18% Relianca Afrcraft 3 6y Berkey&Gay FCo 2 2% Berk&GF pur war 4 Bliss Co (E W) 8 Blue Ridge Cal0c 11 Blue Ridgecvpf 3 Blumenthal 8 Bohack (H C) Bohack HC 1st pf_ pL ) 25 00s 108 51 .| Botany Cons (d).. 1 Bouriols (a75c) . Bower R B(a21;) Bowman-Biltmore Bowmn-Bilt 24 pf Brazil TL&P 40c.. Bridgep't Mch al_ Brill Corp (A) Brill Corp (B! Brill Corp pf Br-Am T B a%%ec n 3 3 10 2 = 300+ | Brit Celan Ltdres 1 Brown Co of Brown F & Walb5c 13 Brown Forman .. 2 Buckeye P L (3) _100s Buff N&E pf 1.60_ Bunker H&S (+2) Burco Tne (a50c) - 1008 2 | Burco Ine war Burma(al2 9-10. Cable El Prod vte. Cable & Wire(A) .. ~able & Wire(B) Can Hvdr E 1st pf Can [ndus Alco A Can Marconi 'arib Svndica Carnation Co (1).. “|CarrierCorp .. Gary E&G bs '44 sti Gatineau Pw_5s Gatineau P_6s 41 en Pb U 6% ndnap P&L Bs '57 ntl Secm'lllel bs_'47. Pw 57 Casco Products .. Catlin Corp (a40c) Celanese 1st pf(7) Cen Hud G&E 80c. Cent&SWUtl . 3 Cent States Elec 70 CentStElcvpfn 75¢ Cent St E1 6% pnf 426 Centrif Pipe t40c 5 Chesebrough (+4) 50s 110 Chi Flex Shaft 2 200s 54} Chi Riv&M (t1%) 2 28 Cities Service 4% Cities Service pf 8634 Cities Sve nf(BB) 308 56 Cit Sve P&L $6 pf 600 6734 Cit Sve P&L $7 pf 50 City Auto S(t60c) 13 1 50s 13 Clev Tractor Club Aluminum Colon Dev Ltd Colon DevLtd A_. Colo Fuel&Ir war. Colt'sP F A t1Y 2 b4Y% Colum G&E pf (5) 21508 85 Columb O& G a20c 31 Co'wlth Distal0c. 2 Com'with Ed (t4) 2118 Com'with& S war 62 I Community PS +1.100s 313 Community WS_. 2 13 Cons Afrcraft _ Consol Copper 773 Cons Gas(Bo)3. Consol Retai] Strs Cons Royal (20c) Cont’l G&E pr pr 7 Cont’l Roll & S Fy Cook P & Var té0c Cooper Bessemer-. Cord Corp '+ | Corroon & Reyn Cosden Oil Me () Cosden(Me)pf(d) Cramp(W&Sons) Creole Pet (a50c) . 2 | Crocker-Wh a10c_ cerery gony et 2 08! 5" 85 99 99 72% el 1 %151 90% 99’ Maranhao Br 1."“{ Mede for E“,, 51, st5 P“ ALIDDIIABII20! i =D BN ! Unit lfldlll’ll 45 mmm mms YORK. December 'b'r futures oflned .l.w wer. flqu AMB. May, ll 35-40. —_— MONTREAL SILVER. December 29 (P .—Bilver steady. sumhm De- futures :‘flfi‘ AMM March, 46.16b; _ PHILADELPHIA PRODUCE. at $180,000 & year for 2,200 employes. May, | Ex-C-O Croft Brewing Crown Cent P aée. Crown C Intl A $1. Crown Drug (40¢c) Crystal Of1 Rl’f - noannrnTueERuna~e Darby Petr Davton Rubber Defay Stores t30c. Dennison 7% pf .. Derby Ol & Ref _ Detroit Gasket t1. Det Gas pf (1.20). Det Gray Ir $20c Det Stl Prod a1 _ Distilled Liquors. Dohler Die C (a1) Douglas(W L)pf_. 26s 32 Dow Chem (2.40) 2 Driver Harris (11) 2 29 Dubelier Condens. 5 Duke Power (3) Durham Hos (B) .. Duval Tex Sable. Eagle Pitchd aélc 1 East'n G&F Asso East'n G&F pf(8) 650 East G&RF pof 4% East’'n Malle Ir 2. 7 East'n States Pwr. East'n 8t Pw (B). 1 Easy W M B 5 4 Edison Bros t 2 Eisler Elep (: L3 Elec Bond & Share I.’ . 1 1 . 3 2 » 4 Elec B& S pf (5).. Elec B & 8 of (6) El Pwr Assoc a2be El Pwr As(A)a2bc Elec PAL opt war. & Elec P&L2d pf A. 208 Elec Shareholding 7T Emp G&F 6% pf 3008 Emp G&F 6% % pf126s Emp G&F 1% pf . 4008 Emp G&F 8% p’.. 1008 Emsco Derrick $1 1 Equity Corp(a2bec) 45 Eureka PL (4)__. 808 Burop'n El bd rts. 16 Evans Wall Lead. 8 Evans Wall L pf. .100s A&T t60c. 2 Fairchild Avalbe. taft Br (a1%) Ferro Enam(a3).. 834 | Prudential Inv (1) Pub Sv pf 31 gc.nlluyan Ltd A. Gen Tel 14 | Guardian Envest.. % | Hecla Min (m60c)_ 34 6% | Ind’ap P&L pf 6% Ul IOI‘( 101"4‘ IDIK % | intl Hy 1S cv ot. A % | Intl Petr rg(1%). * | Jacobs(FL)ICo(1) 3% | Kan City PSpf A. ' THE EVENING STAR, WASHINGTON, D. C, TUESDAY, DECEMBER 29, ¥936. Add 00. fllml‘nnc(fl) ll ll Godohaux (A) al. 1608 39} M .n Godchaux Sug(B) & 28% Grand (Nat] Films. Gr Rap Var(t60c) Gray Tel P8 (1).. Grt AGP . Tnv 16. 808 114}9 Grt Nor Bap (11). m. 8y Greenfleld T& D... 8% Groo Store Prod__. l 4;(‘ 1 50 87 3 8% 1 1% 1 2 1 14 1 18 Gulf Oil Ps new. Hall Lamp (80c).. Hartman Tubaceo. Harvard Brvwery. Helena Rubenist'n. 0% | Heyden Ch (12) .. Hires (CE)AL2).. 608 40% Hollinger G t&5c.. 15 18% Holt&Co ptA &20c. 1 8} Horn & Hardt ¢2)- 80s 39 Horn.& Hardt nf 5 60s 109 10. Hudson BMaB (1) 15 323 Sumble OIl (13- 28 T9¢ Huylers(Del) (&) & Huy! pf stpd (dy. 6008 un Hydro Elec Secun- 1 8% HygradeFood . 4 54 Hygrade Sylv(t2) 50s 46 11 Pwr & Lt §6 pf.200s" 65} 524§ 1mp Oil Ltd t60c 49 203 20 Imp Ofl reg (t50c) 3 20 19% Ind’'n Ter Il O(B) 1 3% ¥ Indiana PL (+40c) 1 7§ 7% % kil Indus Fin7% pf _ InsCoof No A t2._ !W- IntiCigarM 3 . 3 Intl Hold&InvILtd 23 'uli 26 26 23§ 32 Int] Petr (113> %334 Int] Products . Intl Safety Raz B Intl OUtil (B) Intl Util war new_ Int! Vitamin(50c) Interst P(Del)pf . 20s I Iron Firemen(t1) 1508 Irving AirCh (1) 6 ital Superpwr(A). <6 12 Jeanette Glad0c . 1 JerCen P&Lpf 5% 60s JersCen P&L pf 6 s i3 1 4 2 5 5 ] . 2% | Jer Cent P&L pf 7. 508 Jonas & Naum ___ Jones&Laugh Stl.. Kans City P8 vtc. Ken RT&L A a75c Kingsbury Brew . Kingston Prod 40c Kirby Petr (20c) Kirkland L G (6¢) Knott Corp (a40c) Kreuger Brew (1). 3 | Majestic Ra&Tel_. Lake Sh M (14) _. Lakey Fy & Mach. Lefcourt Realty . _ Letcourt pf(a75e) Leh Coal&N aé0c. Leonard Ol - Lerner St pf(63) 100s Lion Oil Ref (1) . - NEA N N AR A~ o Lockheed Afrcraft Lone Star G aé0c-. Long island Ltg__ Long Isl Lt pf B § Loudon Pk'n t50c. La Land (40¢) Lynch Corp (12).. McCord Rad (B) .. McWilllams D (42 aCas Mangel Stores Mangel Stocr pf__ Marion Steam S| Masonite Corp(t1) Mass Util Associa Massey Harris Master Elec (al)._. Mem Nat Gaboe). Mercantile Stores. Merritt Chap & S... Mesabi Iron = Metal Texile(40¢) Mex-Ohio Ofl. Mich Bumper C... Mich Gas & Oil_ Mich Sugar. Mid Sta Pet (A). Mid Sta Pet (B) .. Mid-WAbras 110e Midld O cvpf $1%. 60s Mining Co (Can) .. 2 Miss Riv F pf (6). 20s Mock Judson 60c.. 1 Moh H P&L 18t(7)260, Mohawk H 24 pf 2508 Molybdenum Corp 18 Mont Ward A (7) 100e Montr HLt&P 1% 5 38y Moody’s pt pf (3).126s Moore Dist (t50¢) Mount Prod (60c). Mueller Brass t1.. ‘achman Spr(al). Auto Fib t1% Nat Bella Hess Nat Bd&Sh(a4%). Nat Contain as0c. Nat Fuel Gas (1)_ NatGyps A a2l .. Nat Investors __ Nat Invest war.. Nat Leather Nat Mfg & Stores. Nat Rub Mch a20¢ Nat Service Nat Service pf. N.t Sunr NJ fl) Nai 1t (5! Tnnm (75¢). at Union Radio.. Nebel (Oscar) 2. rnanelunlonamSuna 3 3y 3 1145 1145 1145 1B 18 13 1023 1015 1015 - - - -....-u..-gn—nou.-q % | Nev-Calif Elec 12% | New Hav Cl (1%). o | New Process (2) . 3% | Pactfio Ltg: 734 | Pantepec O11 Nehi Corp hoisncr Brpf son(H) (ad5c). Neptune M A aé0c 38) 14 13 13 1 15} 1634 16} 308 14 M N NETel&Telatl% 10s 133 133 133 12 2 2 J Zine (12) 3 3 24l 203 N Y&Hound (t1)150s 29 28 29 N Y Pw&Lt pf (6) 30s 106 N ¥ Steam__ 3 N Y Tel pf (6%) 16 116 NY Water Svep?. 60s 45 45 45 Niag Hud Pw a40c 41 16% Niag H P(A) war Niag HP (B) war. Niag S Md B aéCc. Niles-Bem-P (al1). Nipissing (a50c) Noma Elee (a40c). North AmML&P . North AmL&P pf. m- North Am Ut Sec. No Cen Tex Oalbe l North'n Europ Ofl 64 North States P .:‘ 13 1 Overseas 8 (ak0c) Pac G&E 1st (13) (6). 268 107 107 107 Pao Public }f Pac Tin spec (12) 3008 Pan-Am Air (11)-. l ll)‘ D)( lll‘ Penn-Mex ¥ flfl)fl. 3814 | Venesuela Petrol.. Plough Inc (1.30). Potrero Susar ... Powdrell&Al 160c. Pwr C’(ml“l‘ IOI' 293 Premier Gold t126 Pressed Met (12)_ Producers Royal.. Propper-McC (d) . : Y i H S38esfs £-83 g-88 6% | Department Stores Co., 4| Rainbow Lum (B) 4 | suslected Indus % | Smith Cor vext 1 8% | Stutz Motor % | Taylor Dist (30c). U612 EXTRAVOTED (N E BY MAY STORES CD. o Common Stock Payment Due January 20 to Hold- ers of January 9. By the Associated Press. NEW YORK, December 29.—May operating units ‘in St. Louls, Baltimore, Cleve- land, Akron, Denver and Los Angeles, announced today an extra dividend of $1.25 & share on its common stock, payable January 20 to holders of rec- ord January 9. Holly Sugar Corp. Directors of the Holly Sugar Corp., manufacturer and distributer of beet 235 | Sugar, with factories in Western States, declared a dividend of $2 & 3; | share on common stock, payable Feb- ruary 1 to holders of record January 15. The company explained the entire amount which normally would be paid on the common in the calendar year 1937 had been consolidated into 20% | one dividend for distribution in_the fiscal year ending next March. Fed- eral income tax reports, it noted, are made on the basis of the fiscal year. Supervised Shares, Inc. Directors of Supervised Shares, Inc., have declared a quarterly divi- dend of 13 cents a share, payable January 15, 1937, to stockhold:rs of record December 31, 1936. With this payment dividends representing in- come on investments for the fourth < | quarter of 1936 total 20 cents a share, 6ig | a previous distribution of 7 cents a share having been paid December 23. This total of 20 cents a share com- _| pares with 12.8 cents a share for the % | same period & year ago, an increase of more than 50 per cent. Allied Chemical. Allied Chemical Corp. directors to- day declared the regular quarterly dividend of $1.50 a share on the com- mon stock, payable February 1 to 35 holders of record January 11. Stock and Sales— Dividend Rate. Add 00. High. Low. 2:55. Pug Sd PEL $6pf 50s &% 4% 44 Pyrene Mfg(as0e) 2 8% 8% 84 Quaker Oats (14). 10s 119§ 119} 1193 Ry&LtSecal.5s. 80s 32} 223§ uu Rainbow Lum (A) 1: :: % Raymond Con a50¢1160s 22% Raytheon Mfg vtc. Red Bank. Reiter-Foster Reybarn Co a26c.. Reynolds Invest__ Rice Stix DG bé0c. Richm'd Radiator. Roosevelt Field oot Petrolm (1)._. Rossia Intl Corp.. .Royal Typewriter. ‘Russeks F' A (11)- Rustless Ir&Stl _. ‘Ryan Consolid'd ... St Lawrence Corp. | St Regis Paper St Regis Paper pf Savoy Oil - Schift (The)Co(t3) “Schulte R E(d) Secur Corp Gen. % | Begal Lock & H Seiberling Rubber E Sl Ind all cfs 5% 2008 Sallnd prpf (5%)100s ¥8Y Selltridge (b9%) - Sefat Saf Control Shawin W&P 80c. 6 27§ 263§ Sher-PVill pf(5)n ShrevmEl Dor PAL 9 34 % SingeriMfg (16) 300 l:: 260 360 108 1113 1113 111% Sonotane C (a10¢) So Pennm(O11(11%) SoCal EM.ptpf 1% Sou Royalty t40c_ Spanish.&Gen rets Stahl Mver Ine Std Ol Ky (11.40) Stand O Nab ! Stand Oil Qe 11 1% 14 ey a8y 894,399 s 9 D Stand Prod {a 25¢) Stand S1l&Ldl (4c) Starrett Corp:vtc. Sterchi Bros %800 o Sterling Inc(a.be) - Stetson(JB) 5(\a- J’lh % | Stinnes(Hugo) &... 10 Stroock & Co(2 ¥a) $0s Sullivan Machinm. 2 Sun Ray Dr t80c .- 2 Sunray Oil (al0c). 33 Sunshine Min (3) . 27 9% | Swiss-Am Elec pf ;1008 16 Tastyeast( Del JA. Technicolor ab0e_. % | Ulen & Co 1% % vt 3¢ | U S Stores 1st pf. 1 313 313 3135 Unit 07 34 | Utl) Pwr & Lt pt. 500 ‘Tech Huxhes t40c LTS 3 19 ‘Tob Prod Exp 15e. Todd Shipyd (12). 50 ‘Tonopah Belmont. Tr-Lux DPS t20c. Tri-Contl C war .. ‘Tubize Chatillion. Tubize Chatl (A)- lung-Sol Lamp n. Tung-S L pf (80c) Twin-Coach 1.40. Unexcelled Mfg Un GasCan a33%0 Unit Alr war CannoSsaloleqn war._. 16 25§ UnitGas pf(33%). ¢ 120 1 9)‘ lll}f Unit Lt& Pw (A). 70 84 % Unit Lt & Pw pf 8 Unit Milk P (a2%; 250 Unit Shipyds B 2 M| Gt Lakes Wks. North Rl"?!nm. U°8 Fire Tnsu 2:18 Prev.1038 _ Stock and o g1 ] L] ! eaars wan ~383532575s gQagaaacgaa !-n.n-.unu -llll: @10, &R Df (3%). l.ll e em ted Stores (A)_. 3% Ut Pwr & Lt (A) . Vaasco Sales Corp... 16% Vanadium Sorp . 49% 28% Van Raalte (“*)- 116 IIM Van Ral 1st pf (7)... 48% 40 Vick Chem (13) 8% 4 Va-Car Ch: 58% 28% Va-Car Chem 6% ll::: 109 Vl llvl P'l’lfl (€) 4 4% - 11 10s 11. IQOI ll ron Coal&Coke. 03 v- lnl C&Cpt... 39% 30 118 114 Walgreen pt (6%).. 49% 26% Walker (H) (3) .. 17% Walker (H) nt a)- 5% Walworth Co 9% Warner Bros Plot.. % Warner-Quin (d).. 4% Warren Bros ____. 21 Warren FAy&P(11) 19% Waukesha Mot (1). 614 Webster Eisenlohr. 33% Wesson O&S(180¢). 87 West Pa Elec pt (6) 110 96 West Pa Eleo pt (7) Hat Corp. Orders Dividend of $1.50 On Accumulations BY the Associated Press. NEW YORK, December 29.—Direc- tors of Hat Corp. of America today declared a dividend of $1.50 on ac- count of accumulations and a regular quarterly dividend of $1.62% on.the 62 per cent preferred stock. Both disbursements will be paild February 1 to stock of record January 8. This payment will clear up all arrears on the issue. Wash'ngtonEhange SALES—AFTER CALL. Capital Transit Co.—10 at 13, 10 at 13, 5 at 13, 20 at 13, 10 at 13, 5 at 13, 15 at 13, 30 at 13. uenenfluur Linotype—12 at 53. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Tel, 4 Coevy Chase Club 5 Col. Country Club 57 W.M Cold Storage 5: Wash. Vah R &R sta () s fiow BANK AND TRUST COMPANIES. Amer. Sec. & Tr. Co. (8¢) 280 290 Baok of qufl (78m) - 31 2734 Sherwin-Will (4) 2509 138} 13634 187} | Lincoin % | Riggs (8) 2§ 2734 | Wash Piremen's (1.60 Nasional ‘Usion (.60) TITLE INSURANCE STOCKS. Columbia (.30) _ Real Bstate (6) - Carpel Corp. Co! & Loth. com. (1.501) & Loth. ofd. (7)-- *—Ex dividend. ;—50: n.-m lny 1s. 1958, 80c paid No v i 50¢ paid vember 16, {:}m‘em{‘ June 30, 1936; 45¢ pald 1938. DIVIDENDS ANNOUNCED NEW_ YORK, December 29.—Dividends duhrld ly"fi"fl by the Standard Statis- tics Co! Extra. Alukhg‘mlu Oolfl _16¢ LA T 1 Special. A0 13 -50¢ ac l"~30 T itial. Pac Coast Asgregates._Sc .. 12-24 Increased. Arnold Constable ..._50¢c.. 1-9 Participating. - 50c .. 12-24 *%|NEW YORK BANK STOCKS Stores vto___ Onit Verde Ex (1) Unit Wall Paper.. 11 Utah Apex 2 Utilities Pw & Lt. Utl) Pwr&Lt (B). Udlity Equities. Util & Ind (new) ... Utllity & Indus pf. Venezuela Mex O Vogt Mfg Co (11). Feed8sz fozapeliect 2285338 Wolnrlno T t60c- Woodley Pet t40c. Wright Harx t40c Ygsto <t Door 1 Dty rates 1 aw I!--m... 52 11 e R L SRR A P ] 1 a‘uiseiei“safisi*ifi N N NEW YORK. December 20 (P).—New York Security Dealers’ Association: (Quotations as of 2 o'clock.) ' FEDERAL LAND BANKS AEW Land Bank H 1% -1 ik IREIGHT LOADINGS. 'u?fig-%: 40% 4 lll m 1 50! E 608 lol% 104 104 |3 Prev. lnn Nes 124 4 “6 Weste: 9% bW I‘l +% 160 nav. Westh'e 3% 84% — % 10% W 31% Wes! -2 42% 42% 2% + % ‘flb % % 64% B4% + % 3 18 113 11 11 - % % 3 -3 63 Wrigley W 1r 1 33% Yale & Towne 160c_. % 8% Yellow Tr & Coach . . 8315 Yellow Tr&C pf $35. 42% Young Spr&W (13)_ 41% Youngw'tn SheethT. 11% Zenith Rad10 . ... 5% Zonite Produets ... 9% gish. Dwidend Aloohol... um Marylnd.. ‘Western Md 38 p_. ra Pacifio ‘estern Pactfic pf Onion (a2). 6% 4TH — 3| 163% 94% Wawth'se EI (a5%). o West'n El Inst aSsc. 56% Weston Elec A (2) vaco Chlor (1) 70 Wilson & Co Dt (8)-. 44% Woolworth (3.40) __ FINANCIAL W YORK STOCK EXCHANGE]| (Continued from Page 14.) Bllen™ 4dd 00. Migh. Low. mm 508 113% 113% uu 110s 120 19 8% lu Di ¥ % 3 1% 2% 6% 21 78% 90 49% 4T% 14 145% 148 lflfh 149 149 149 -3 25 M 24% - % 38 + % U -4 %+ % 38 o= m 1st pf 26% U% 36% 24 1% 8!( 11& %0t 1% - 2% — % 15% — % 5 6% — % - % 8% %+ % 62 3% - % 9% —2% 5% -6 m- lll'a e 14 ‘Ilk -1% 2 50 iy 50 22% 2% 22 - % ’lfi 1297 128 129 4]% 43% 420 42% — 1% T tew T oW 18 33 32%. 32% — % 10 % ™ T+ —gng-Qm-Nvma-uu Appreximate Sales of Stocks en the N. ¥. Stock \:xchange, - 1,280,000 tlv- eD b the abo the unun iess than 100 Dividend rates a3 Dayments basen o including extras o Paid iast vear reorganised. xEx INDUSTRIAL PACE DOWN SLIGHTLY Associated Press Index Dips! to 100.6, Compared With 100.8 Last Week. By the Associated Press. NEW YORK, December 29.—The pace of industry slackened last week for the first time in two months, dipping slightly from the year's high touched a week ago. ‘The seasonally adjusted Associated Press index dropped to 100.6 per cent of the 1929-30 average, from 100.8 Iast week, and compared with 86.2 in the same period in 1935. Automobile output fell sharply as a result of the shorter week incidental to the holiday. The seasonally ad- justed decline of the index reflected parts shortages caused by strikes. ‘The setback in electric power pro- duction stemmed from warm, clear weather conditions throughout the country. Residential building was fractionally lower. Activity in steel mills declined more from holiday influence than any measurable trade factor. Cotton manufacturing pushed ahead to & new peak for the year. The cur- rent upswing has broken all records for duration of high activity in the past eight years. Total freight carloadings were off less than was expected, the index rising. The miscellaneous classification —consisting mainly of industrial prod- ucts—was the prime cause of the upswing, advancing contra-seasonally. ‘The composite index, with its season- ~ | ably adjusted components based on the latest available statistics, compared as follows: Latest Prev. Year k. ago. 86.2 flg 1043 42 69.’ o — 1 Steel mill ‘m SNew 1536 Blgn " Stock Seat Price Climbs Further To $129,000 Level By the Associated Press. NEW YORK, December 20.—An- other advance in the price of Stock Exchange memberships was an- nounced today with arrangements for tranafer of a seat for $129,000, up $4,- 000 from the last transaction. The low for the year was estab- lished on December 1 at $89,000. A sale at $174,000 on February 19 mark- ed the peak for 1936. CHICAGO PRODUCE. December 20 (. Poultry. Hhats 43 pounds. 18 : Bprings, 4 pounds up. northes M'/.,‘:-mu 7 nlln up, 20: ‘g:eued lurke!linmlflé fl;"fin‘hlflli Poun !:" 7 s tha ll?lunndl. 51%; urkeys. tef. 15,350, about ‘steady; prices un- M sooza'gn :u 1 lnfl unchlnled shipments. 4 vidend. 480,000 13:08 Nooa... 3:00 P.M._. abOve .able are aar\us b Yor ‘Bat-yearsy decs\ rations, 1 Annsay (| te—i Accumulated fl'fl!fl ) o0 Pald 9 '&’}‘ Tevorted in receiversaip o\ being Copper Deliveries For Use Abroad Increase Sharply Bs the Associated Press. NEW YORK, December 29.—Deliv- eries of copper for consumption out- side the United States in the first 11 months this year averaged 101,738 short tons a month and for the latest three months averaged 102,802 short tons monthly, compared with a monthly average of 101,320 short tons in 1935, the American Bureau of Metal Statistics reported today. Output of zine in this country in November declined to 45,742 short tons from 46,297 in October and for the 11 months totaled 477,221 tons, World production, partly estimated, dropped to 135,342 short tons in No- vember, from 142,697 in October. For the 11 months it totaled 1,474,919, NAMED VICE PRESIDENT BY AMERICAN RADIATOR 8pecial Dispateh to The Star. NEW YORK, December 29.—Ray- mond F. L'Hote, manager of the al- Yed products division of the Ameri- can Radiator Co., has been named a vice president of that company, ac- cording to an announcement from Rolland J. Hamilton, president. L’Hote has been connected with the company since 1910, and in his po- sition as manager of the allied prod- ucts division he has been in charge of the introduction of special prod- ucts and accessories to enable the company to simplify the merchandis- ing of building materials by offering 2 varied line of complete heating and conditioning systems as a substitute for the former policy of selling in- dividual products for these systems. and Equipment SOCIAL SECURITY FORMS MILLS BLDG. MEtro. 5846 ety. This office will gladly ities of companies in stable i FENNER Southern Bldg., 15th & H 28: i average ¢ 75 el n-rE..uv, ‘checks. 23: other poultry firm. No freight quota- tions. U. 5. TREASURY NOTES. oo e, 1. ‘«“n'(.-m rs, firsts. Il'd colors I g “. Corner 11th \ ADDITIONAL GAINS .| PREDICTED IN 1337 % | Review of J. S. Bache & Co. Expresses Cheerful View of Coming Year. Special Dispatch to The Star. NEW YORK, December 29.—Exe Ppressing the belief that the great gains made during the year 1936 will not only be held, but that further moder ate progress will be evidenced as the year unfolds itself, the house of J. 8. Bache & Co, in its New Year greetings to its clients, adopts & constructive attitude for the coming year and states that “we feel encour- aged by the outiook and enter 1937 with confidence.” “With the passing of the year 1936, it is well worth looking back and re- viewing the forebodings with which many economists viewed the advent of that year,” the letter states. "A new era has been ushered in, bring- mng as it did unknown innovations, the results raising numerous doubts in many minds. “While we have no desire to join the ‘I told you so’ class, we cannot re- frain from quoting from our New Year letter of January, 1936, which said in part: ‘We face 1936 with determi- nation to go ahead and confidence in the results to be gained thereby.’ “We repeat these words for 1937, but the coming year differs from the year past to the extent that the great improvements made in 1936 were so outstanding that they probably can- not be duplicated in 1937. We do be- lieve, however, that not only will these gains be held, but further moderate yrogress will be evidenced as the year Wnfolds itself. “How really fortunate we Ameri- cc1s are when we view the troubled coutinent across the Atlantic! Pear with us is dispelled, and an atmog- pheve of peace has been established for Both the Northern and Southern Hem Wpheres. The value of this fact alone cannot be measured in dollars and c@nts, but it leaves open as an examp.¥ for the entire world, the road toward .further economic and politi cal progVess. The pendulum of leg- islation g\nd taxes has swung far in the readju'stment of our affairs, but our legislesuion, in the final analysis, is sound, .and we will all be the gainers thea from. “We feel eyicouraged by the outlook and enter 1927 with confidence.” RAILW'AY INCOME, NEW YORK. 1}°cember 29 (M. P oAl roads reporting 1Y vember net operating income before fixe{ charges and rn.hlr n- come today includey Seaboard Air Lme Cenlrll R. R. of N. . Onty urlo A( Wel Nash: Tha Gulf, Mobile & Sors 1 JNSTEAD of contending wit.% the problems constantly arise ing in connection with the mane agement of apartment house and residential properties—place them in charge of our Property Management Department for efficient management. The fee is most reasonable. B. F. SAUL CO. 925 15th St. Nat’l 2100 Mortgage Loans LIBERAL INCOME or STABILITY? Investors who seek [liberal income may be misled by ex- ceptionally large dividend disbursements made in 1936 because of the new Federal tax on undistributed profits. In making investment recommendations to clients, this firm emphasizes stability of dividend payments. A tempo- increase of income may me:n a anent sacrifice of F. & B. Industries Semoe" available to help m:mdued mvmon toselect secur- industries. & BEANE Members Now York Stock Exchange and sther leading Exchanges Sts. N.W. National 7000 Provides funds for ® Parchasing a home PERPETUAL BUILDING ASSOCIAYTION & E Sts. N. W,