Evening Star Newspaper, January 5, 1937, Page 16

FINANCIAL. SELECTED STOCKS FINANCIAL. THE EVENING STAR, WASHINGTON, D. C., TUESDAY, JANUARY 5, 1937. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE 2:18 p.m. Sales— Net Add 00. High. Low. Olose. Chge. | High. "A—16 #ww D.C. DEPOSITS HIT 1936 Stock and Low. Dividend Ra Stock and Dividend Rate. 2:18 l... Stock and Net Bale: 936 Dividend Rate. AM 00. By Private Wire Dlrm t The Star. 15 p.m. 938 . ALL-TIME: PEAK Latest Call Reveals Gain of $27,612,149 Since June 30 Report. BY EDWARD C. STONE. ‘Bank deposits in 22 Washington banks scored the spectacular gain of $27,612,149.98 in aggregate amount in the last six months of 1936, it was revealed today following a call for the condition of all banks in District and all national banks in the United States, by Controller of the Currency J. F. T. O'Connor. A survey of the banking situation made by The Star after the date of the call was announced today showed that total deposits in the banks of the Capital on December 31, 1936, amounted to $334.025,890.89, an all- time peak in comparison with a total of $306.413,740.91 on June 30, 1936. Every bank in the city showed an in- crease. Deposits in the individual banks on the last business day of 1936 were as follows: Deposits on December 31, 1936. American Security & Trust - Anacostia Bank - Commerce & Savings - City Bank - Columbia National Fast Washington Sav- ings - - ‘Hamilton National Industrial Bank Liberty National Lincoln National McLachlen Bank Morris Plan - Munsey Trust - National Capital National Bank of Wash= ington - National Me(ropohmn,_ National Savings & Trust- - Riggs Natmnal Second National - Security Savings & Com= mercial __.- Union Trust - - ‘Washington Loan & SS" 130")13 "4 5'365 Sato8 1,000,018.76 2,005.240.74 419.811.27 7.270,947.17 9,260,815.09 4,740,385.05 1.661,163.18 5,823,651.44 3,066,807.10 9,997,208.06 28,588,390.34 18,771,542.80 100.805,799.29 8.004,662.15 7,448,608.51 10,411,623.57 | 24,746,660.64 Total - $334,025,890.89 | Two OfllQl' Calls TIssued. Simultaneously, with the controller's call, the Federal Deposit !n<u*ance‘ Corp. issued a call for condition on day of 1936. m;')'lxis;‘ D} 1. C. affects 7,700 insured | banks not members of the Federal Re- | gerve System. The call by the con- troller of the currency COvers 5; 400 na- tional banks. The Federal Reserve Board is expected to issue a call cover= member State banks. mg’l'he call today was the first since Jast June 30. Reports are expected from banks in about 30 days. ‘These will be compiled and published within { six months. Law requires at least | three national bank calls a year. Sharp Gains in Securities. Striking advances were scored dur- ing 1936 by Washington securities which are sold over the counter, sev- eral issues gaining 20 or more points during the 12 months. | Barber & Ross 4 per cent debentures stood near the top of the list in im- provement, the low for the year be- ing 38 and the high 57. National Press Building bonds moved from 603 to 75, while Mayflower Hotel 5s, which | were as low as 85, wound up the year at 95!, Hamilton Hotel 5s recorded & low af 90 and a high mark of 95!2. Washington Auditorium first mort- gage 6s made one of the best records, selling as low as 55 and as high as 70. Consolidated Title of Washington 6s went from 95 to 100 during the year. Washington & Suburban stepped up 12 points in 1936 and Washington Properties, Inc., advanced from a low of 472 to 60 as the top price. Barber & Ross new preferred stock | also did well, climbing from 2 to 5'2. Federal American Co. preferred et as low as 20 and as high as 33 in the | 1936 market. The company's com- mon stock saw little change, the low- est sales being at 1 and the highest at 112, National Mortgage & Investment | preferred witnessed a bottom price of 15 and a top of 2. Hamilton Na- tional Bank stock, according to the records of Johnston, Lemon & Co., sold from 20 up to 33, closing the year close to that figure. New Reserve Chairman Named. Robert Lassiter of Charlotte, N. C,, has been appointed chairman of the Federal Reserve Bank of Richmond, succeeding Frederic A. Delano of ‘Washington, President High Leach an- nounced today, as a result of action taken by the govermnor of the Fed- eral Reserve system. He will also | be Federal Reserve agent for the Richmond bank during 1937, the an- nouncement said. ‘The new chairman is a North Car lina cotton manufacturer and a for- mer banker. He has also been a'di- | rector in several big railroads and is a member of the North Carolina Tax Commission. Exchange Trading Improves. Trading on the Washington Stock Exchange in November was consider- ably better than in the previous month, according to the latest report from the Securities and Exchange Commission. There was a turnover of 3,167 shares having a sales value of $207,191, compared with 2,327 shares valued at $201,897 in October. The sales value of bonds sold in No- vember totaled $57,851, against $48,- 457 in October. The value of both stock and bond sales in November amounted to $265,042, against $250,~ 354 in the previous month, ths Se- curities and Exchange report states. Both the Baltimore and Richmond exchanges also reported better busi- ness than in the previous month. The dollar value of sales on all registered exchanges in the United States amounted to $2,824,195,708 n No- vember, an increase of 9.8 per cent over October and 10.9 per cent over November, 1935, CONTINUED ADVANCE FORECAST BY MILLSOP By the Associateq Press. PITTSBURGH, January 5—T. E. Millsop, president of the Weirton Steel Co., forecast today a continued ;‘:'ée.'ldy improvement” in business for He said: “The prospects for 1937 are good. “With the present backlog of orders in the steel industry and the condi- tion of business in general, we have the hope that the steady improvement witnessed through 1936 will continue at an increased rate.” FOREIGN CHEMICALS USED. The Commerce Department says the Nation developed “a very heavy in- dustrial demand” for foreign chem- icals during 1936, pushing these im- ports 35 per cent upward, " Stock and 58 Alr Reduction "l). 2 Air-Way Elec Applt 13 Alaska Jun (160c).. 215 Alleg Corp (d) ... 12% Alleg of w330w (d) 12% Alleg pt wS40w (d). 27 Alleg pr of (d) % 267%.Alleg Steel (al.65).. 157 Allted Chem () __. 23 Allted Mills (abfe). 6% Allied Stores(a20c). 35" Allis-Chaim (t1%). Amal Leather Amal Leath pf (3).. Amerads «orp (2) Am Ag Ch (Del) a4_ Am Bank Note (t1). Am Brake Sh (12) . Am Brake S of 6% - Am Can (14) Am Car & Foundry- 57% Am Car & Fdrv of . 31 Am Chain&Cab(ad). 111 Am Chain &C pf(5). 7% Am Colortype 20% Am Comecl Al (a50c) 16% Am Crystal S(a50¢c) 819 Am Encaustic_.... 9% Am European Sec_.. 614 Am & Foreign Pwr. 26 Am & For Pw $6 pf. 29% Am & For Pw 87 pf. 12 Am & For Pw 2d pf. 13 Am Hawatian (1) 4% Am Hide & Leather. 37 Am Home P (12.40). 24 Am Ice 9% Am Intrnat’l (a40¢) 231 Am Locomutive i 66 Am Locomo pf (33) 21 Am Mach&Fdvit1) 10 Am Mach & Met 60c. 27 Am Mewai T'4 Am Power & Lllhl 36% Am Pwr&Lt pf (5). 43 Am Pwr&Lt pf (6). 18% Am Radiator(t60c). 23% Am Roll M (11.20) - 31 Am Saf Razor (12). 18 Am Seating(azi)-. 25% Am Shipbldg (2) 56% Am Smelt&Ref (3). 4 57'3 Am Snuft (13) usv. 133% Am Snuff pf (6)____ 20%3 Am Steel Fdry (al) 14’)" 107% Am Steel Fy pf (7). 36 24% Am Stores (2). ... 63% 4814 Am Sugar (2).._... 145 129 Am Sugarpf (7). 1904 149% Am Tel & Teleg (9). 102: 87 Am Tobacco (5).__. 104 €83 Am Tobacco B (5)_. 150 136 Am Tobacco pf (6)- 18 874 Am Type Founders. 278 193 Am Wat Wksadlco.. 1083% 923 Am Wat W ist (6).. 11i3 7% Am Woolen i 52% Am Woolen pf (34). 45 Am Writ Pap pt «d) % Am Writ Paper (d). 3% Am Zinc & Lead . 28 Anaconda Cop (1) 35 Anaconda Wirr 12_. 15 Anchor Cap (60e) - 97 Anchor Cap pf(6%) 37 Archer-Dan-M (12). 105'¢ Armour Del pf (7). 4% Armour (llitnois) . 661 Arm’r(111)pr of (6) 471, Armstrong C'k t134. T'4 Arnold Const (5Cc). &lx Artloom Corp._. 12% Asso Dry Goods._.. 59 Atch To& SFeal_. 90% Atch To&S Fe pf(5) 21% Atl CoastLine(al).. 11 AtUGuit& W Ind _. 'a 26% Atlantic Refin (t1). 112 Atlas Powder pf(5). 14 Atlas Tack (a?5¢c) - 26% Auburn Auto 5% Austin Nichols. 4% Aviation Corp (Del 2!4 Baldwin Loco (d) .. 2% Baldwin Lo asd(d). 33% Baldw L of asd(d)_ 157 Baltimore & Uhto__ 21 Baltimore & Ob pf. 39 Bang & Aroos (235) 21 Barber Co (a75c)-.. 131 Barker Brothers 8214 Barker Bros pf $10_ 144 Barnsdall Oil (1) . 224 16% Bayuk Cigars t76c. 115 110 Bayuk C1stpf (7)_ 28% 18 Beatrice Cream(t1) 105 100 Beatrice pf ww (5). 4274 385 Beech Creek RR(2) 16 13 RBelding-Hem (1).. 32% 21% Bendix Aviat(al’) 25% 20 BeneficialL (t1%). 72 48 Best&Co (2%)._ 77% 45% Bethlehem Stl ll%. 1354 10713 Bethlehe Stl pf(7)_. 65 23 Bigelow-San (t1)__ 34% 18% Black & Decker 25¢ 7s 14!y Blaw-Knox (a80c)-. 167a BoeingrAlrpiane 40% Bohn Alum&Br (3). &0'%x Bon Ami (A) (a5) 25% Borden Co (1 60) - 64 Borg-Warner (4) 11 Botany Min A «d) _ 12's Bridgp't Brass 1400 43 Briggs Mg (t2) Briggs & Strat (3) 4 Bklyn-Man Tr (4)_ Bklyn-Man T pf (6) ‘2 BKlyn & Queens __. 4 Bklyn Un Gas (3).. 45 Brown Shoe (3) 814 Brunswick-Balk 8% Bucyrus-Erie 914 Budd (EG) Mfg __ 8% Budd Wheel (a20c)- 20% Bullard Co (al%)-. 11% Bulova Wateh__ 25 Burr Ad Mch(t60c). 2% Bush Terminal (d). 7% Butler Bros (a60c). 29% Butler Brospf13%._. 2% Butte Cop & Z(a5c¢). 16% Byers (A M).. 5414 Byers (A M) of_ 22 Byron Jackson t1__ 304 California Pack (2). 8 Callahan Zinc-Lead 6 Calumet & Hec a7so 30 Campbell Wy (11) 10% Canada Dry G A_.. 1074 (‘anadian Pacihe 87 CarClin &0 (4) 6% Carriers & Gen (30c 9215 Case (J 1) Co (4) 543, Caterpillar Trac 12 21% Celanese Corpalls. 106 Celof AmprpfAT. % 19 Celotex Corp 54 Celotex Corp pf 35— 25% Cent Aguilre (T13) 6% Central Foundry Co 35 Central RRofNJ 224 Central Violeta Sus. 614 Century Rib Mills 9714 Century R M pf (7). 47% Cerro de Pasco (4). 8% Certain-teed Prod_. 57% Certain-teed pf (6). 19 Champ Pap & F (1) 51 Ches & Ohlo (12.80). 2% Chi & East 111 pfd) 1% Chil Grt West (d) .. 4 ChiGrtWpfd) _. 25% Chi Mall Ord(t13%). 113 Chi M1l St P&P (d) 27 Cht M St P&P of (d) 2% Ch1 & N W (@) 1213 Chi Pneumatic Too) 40% Chi Pn Tool of $13% 1% Chi R 1&Pac «d) 3% Chi R1&P 6% pf :4) 3% Chi R 1&P 1% pf(d) 19% Chi Yellow Cab (2). 17% Chickash Cot Ofl___ 7 ChilasCo .. _.... 25 Chile Copper (1) .. 85 Chrysler Corp(a12) 15% City ice & Fuel (2). 2% City Ice&F pf (.u) 23% Clark Equip(t1. 33 Clev Graph Br ll‘ 48 Cluett Peabody (3)- 129 124 Cluett Peab pf (7).. 84 Coca-Cola (t2)_ 13 Colgate P-P nsoe). 39% Collins & Ak t3__ 28% Colo Fuel & Iron..... 21 Colo & Southern . 14 ColumbG & Eadlo 9014 Col G & E pfA ( 80% Co)G & Epf (8) .. 31 Colum Pict vto (1) 47 44 Comel Credit (tQ) 128 100% Comel Credit of 4% 913% 55 Com'l investT (t4) 24% 14% Comc’l Solv (160¢c) 5% 2% Comw & Southern 15% 7 Conde Nast Pub 44% 30% Congoleum N 11.60. 19% 8 Consol Cigar 48% 274 Consol Ed N Y 12__ 109 102 Consol Ed NY pri6) T4 4% Consol Film 20% 15% Consol Film pf(33). 9% 3% Consol Laundries... 17% 11% Coneol Oil (8%¢). ... 12% 5% ConsolR R Cubs pt. 10 35 131 54 100 0 11% 9'x 947n 261 41 491, 38ty 28% 131 284 !ll Net, Add 00. !Islh. lfls' Close. Chge. » o CIT PPN 2108 140% 11 118% % 47 47 - 111% 113% +1! 19 19 - 35% 128 20% 58% 45% 21% 140 118 72 56 96% T2 117% 14% 26% 29% 8% 13 % 49% 85% 4t EEERSE + o+ P £ F 85% 33% 33% +1 35 35% — FEE FEFFEFSE ERFEE F5F 80% 9% 80% +2% 127 127 127 + % 128 + % BB +1% % 123 45% + 21% + + HErE bt V44444 y BEEEFFE © BEIFF EFEEF - ) 3% Consol Textile (d) - 2 Cons Coal (Dsl)vte. 12% Cons C (Del) pf vte 16% Container Corp (11) 10% Contl Baking (A). 1% Contl Baking (B) 674 Contl Baking pf($9) 63% Cont'l Can (18)..__. 17% Contl Dia Fibre(2). 3515 Contl Insur (11.60). 21 Cont! Motors 28t% Contl Ofl (Del)al % 25 Contl Steel Corp(1) 5% Corn Ex BK&Tr 13) 63% Corn Prod Ref (13). 4 Coty Ine 24 CraneCo 35 Cream of Wh't (12) 15% Crosley Radloall . 43% Crown C 'k& S (a4). 49% 44 Crown Ck of sw 2% 110 102 Crown WP 1st $6%. 19% 7% Crown Zelleb'k vtc. 563% 28 Crucible Steel... 3% 1% Cuba CO- e 9 CubaRRpf . ... 6’ Cuban-Am Sugar... 63'4 Cuban Am Sug pf_— 3515 Cudahy Pkg (234).. 167 Curtis Publishing.. 10%4 Curtiss-W (A) aSte 43Y% Cutler-Hammer t1. 7% Davega Stores (1) _ 108% 107 Dayton P&L pf 1%. 108% Deere&Co ____ 328 Deere & Co pf(1.40) 3315 Delsel- Wem-G (t1) s Delaware & Hudson Del Lack & West___ Den&Rio GW a) Detroit Edison (t4) Devoe & Rey (A) 13 Diamond Mtch 11% 4 Dist Corp Seag Ltd. Dixle Vortex (1%). 2 Dome Mines (12) ... Douglass Afrcraft Dresser Mfg(A)a3. Dresser Mfg(B)al. Duluth §S Atl__ 4 Dunhill internatl 13'% Duplan S11k (1) ..o 184% 133 Du Pontde N a6.10. 136'3129 Du Pontdeb (6)___. 116 1114 Duquesne Lt 1st (5) 12% 5'3 Eastern Roll Mills_. 185 156 Eastman Kod (15).. 40'; 2815 Eaton Mfg (12) - 152 5% Eitington-Schild __ 4713 30% Elec Auto Lite 72.40 17% 10 Elec Boat (a60c). % 5 EI&MusIndal8 257 Elec Pw & Lt R7% 29'4 Elec Pw & Lt $6 pl 941 32% Elec Pw & Lt $7 pf_ 4 39% Elec Stor Bata2¥ _. 1% 13 Elk Horn Coal (d) .. 6% 115 Elk Horn C pf (d) 22% El Paso Nat G(1.60) 534 Endicott-John (3) Eng Public Service. Eng P S §5 pf (310). Equit Office Ba20o. Erie R R Erte RR1stpf . Eureka Vae C (80¢c) Evans Product(t1). Exchange Buffet._. Fatrbanks Co_ Falrbanks Co pf Fairb’ks-Morse(t1) 31% KFajardo Sugar (2).. 183 Federal Lt & Trac.. 7% Federal Mot Tr ¢0c. 3 Fed Screw Work: 215 Fed Water Sve (A). 46'4 203 Fed'd Dept S (al%) 115% 105 Fedtd DScupf4%. 49% 38 Fidel Phoe F I111.60 36l 247 Firestone T & R (2) 1 1004 Firestone pf A (6). First Nat Strs 12 Flintkote Co (1) Florence Stove 41 _ Follansbee Bros 1d) Food Machine (1) Food Mach pf(4%) 2414 Foster-Wheeler ___ 95% Foster-\Wheeier pf Francisco Sugar __ 23'3 Freeport SulCo (1). 313 Fuller Co zd of 15% Gar Wood Ind a 813 Gen Am Inv (a7ic)- 97 Gen Am Inv pf (6) 42% Gen Am Transp a3c. 10% Gen Baking (160c)— 7 Gen Bronze 5% Gen Cable. - caaeaee 17 GenCableA. ... 49 Gen Cigar (14).ocee 34!5 Gen Electric (11)... 33% Gen Foods 11.80)_.. s Gen Gas & Elec (A) 58 Gen Mills (3)_ 123 116 Gen Mills pf (6) 77 537 Gen Motors (a¢%).- 128% 118 Gen Motors pf (5).. 15% 5% Gen Outdoors Adv 5914 18% Gen Outdoor Adv A 110 105 Gen Print Ink pf(6) 6% 314 Gen Pub Service .. 57 3213 Gen Ry Signal (1).. 2 Gen Realty & Util _ 2615 Gen Realty & V' pf_ 331, Gen Refrac .a3% ) 321, Gen St Casting pf 17 Gen Theatre E (a2) 30ta Gen Time Inv (11)_ 13% Gillette Saf R (t1). 70 Glilette S R pf (b) . 6% Gimbel Bros 84 Gimbel Bros pf (6). 3913 Glidden Co (2) 52% Glidden cv pf(2% ). 37 Gobel (Adolf) . 6% Goebel Brew (120¢). 13% Goodrich (BF) (al) 74 Goodrich(BF)pf(5) 21% Goodyear T & R 105% 100 Goody'r T&R of (5) 14% 814 Gotham Silk Hose.. 77 Goth Silk H pf (7). 2 Graham-Paige 1% Granby Cons (new). 3a Grand Unlonctfs.__ 24% Granite City Stl (1) 2815 Grant(W T) (11.40). 321 Grt Northein pt 16 Grt North'n Ore (1) 42% 31 GrtWt'nSug 72.40. 14915 136 Grt West Sug pf(7) 22 Green (H L)Coi11) llh Greyhound (t80¢)._. 1% G tanamo Sugar 24 Guantanamo Sug ot 9% Gulf Mobile & N 3015 Gulf Mohile & N pf. 28% Gulf States Steel - 30 Hackensack W(1%) 6 Hall(WF)Printing. 14 Hamiiton Watch 125‘/: 104 Hamilton W pf (6) . 55 30% Harb-Walker (+2)_. 135% 120 Harb Walker pf ¢ 18 12 HatCorpof Am (A) 9 4% Hayer Body 133 99% Hazel Atlas Gl (16). 21% 12% Hecker Prod (60c). 41 25% Hercules Mot (11) . 150 84 Hercules Powa5%_ 135 126 Hercules Pdr pf (6). Holland Fura pfib) 9 Holland&Sons t50c.. 42% 19% Holly Sugar (12) - 5 108 Holly Sugar pf (7)_ 397 Houd-Hersh(A)2% 224 Houd-Her (B) t1%. 65% House Fin pf t3% 6% Houston U1l vie 48% Howe Sound (3) _ 3% Hudson & Manh: 13% Hudson Motor Car. 1 Hupp Motors 18% (liinois Central ... 414 Indian Refin (a1) __. 25% Indu Rayon (11.68). 147 106 Ingersoll-Rand(13) 122 28% InlandSteel (13)__. 24% 6% Inspiration Copper. 18% 10% Inter Rap T vte (d). 5% 2% Intercontl Rubber.. 18% 9% Interlake Iron..... 5% 2% Int Agricultural. 47% 22% Int Agricul pr pf-— 194 160 Int Bus Mach (16)-. 105% 56% Int Harvester 3% .. 10% 2% int Hydro Elec (A). 8 4% Int Mercantlle M 18% 10 intl Mining 66% 43% Int Nickel (21.30)-_ 138 125% Int Nick(Can)pf(7) 3% int Paper & Pw (A) 2% Int Paper & Pw (B) 1% Int Paper & Pw (C) 20% int Paser Pw ool 37 Intl Print Ink ($2)_ 3% unt Ry Cent Amer 3 int Ry Cent Am vte 47 IntShoe (12, 15 int Siiver 50 IntSilver pf (34)-_. 11% Int Tel & Tel 10% Interstate D S at0c. 82 Int Dept Stra pf(7). 15. Intertype Corp (1) 24% Island Creek (2)_. “ 58% Jowe) Tea (14) oo 88 Johns-Manville(t3) uu 121% Johns-Maav pf (1) A 6% 12% 6 22 42 5308 80s 13 8 _.a_._...?fl.w_.,__ - 108 nm:. Low. umehn lllh. Low. ke 75% Jones&L 7% vf $3% 5063 123% IZZK 122% + % 109 107 30 29 437% 101% 13% 34 150% 129% 23% 4213 1134 113% 113'4 41 24% 7% 134 8% 17 108% 104% 30 28% 42 17% 101% 13% 338 150% 129% «208 120 120 23% 42 40% 24 7% 12ty I’A 42% Zl‘h R + + i + 5 P + + + ++|+++ P TR T R + % Safesass svessss - ll+ - 5L ++++++4+ + 0 FISAESEFES FF 1 ~ I++ +i+4+1+ 1 W ‘m % % b e “ % W 1 bl ™ S e Gl Fi8 + 41 P I+ ALt Her £ £ ¥ 2pe re wxsrass srsee” i 133 50% 121 26 391% Kalamazoo 8 (11).. 116 KC P&L 1st pf B(6) 13 KansCity Soutnern 19% KansCSpf (al) . 194% Kelsey-H (A) a1%._ 14% Keivinator (t50c)_. 87 Kendall pf A (16).__ 28Y% Kennecott (a1.70)_. 17% Keystone S&W (2). 18% Kimberly Clark(1). 30 Kinney(GR)pf(al). 7474 Kresge Dept Strs pt 2013 Kresge (S 8) (11) 19% Kroger G&B(11.60) 15% Lambert Co (2) 12 Lee Rub&Tire(50c) 15Y% Leh Port Cem't(a2) 2 Lehigh Valley Coal 9% Lehigh Val Coal pt. 815 Lehigh Valley R R 47% Libbey-Ow Gla3 . 7 Libby. McN& Lal_ 97% Ligg&Myers B (14) 160 Ligg&Myerspf (7). L 104’:100 TEEE 19 Lily Tulip Cup t1% 25% Lima Locomotive.. 55 36 Link Belt (12) 46% 821 Liquid Carb (2.60)_. 67 43 Loew'slno (3) ___ 1087 1043 Loew’s Inc pf (6%). 3% 61% 385! Lone Star le('z). 8% 3% Long Bell Lum (A). 264 21% Lorillard (P) t1.20. 5113 13 La Ol Refpf (4)__. 30% 20 Louisv GEEDfA 1% 102% 573 Louis & Nash (a6)_. 35 2214 Ludlum Steel (11)_. 235 12 McCrory Stores 46 40'3 McGraw Elec (12)_ 24% 16 McGraw-Hill 12%c. 49, 384 Mcintvre Porcu «2) 118'5 8313 McKes Tin P(a513). Hh 8% Mciesson & Rob 37% McKess&Rob pf(3). 11'3 Mcl.ellan Strs a20e. 27% Mack Trucks (t1)__ 40' Macy (R H) Co (2). 8% Madison Sq G 160 34'3 Magma Copper ) 1% Manati Sugar (d) .. 7% Manati Sug pf (d).. 7 Mandel Bros__._ 1274 Man EI md gtd ld)- 17'a Manhat Shirt (1)__. 214 Maracaibo Oil Exp_. 8!3 Marine Midl'd t40c. 61y Market St Ry pI. 41 Marlin-Rock (12)__ 114 Marshall Field & Co 613 Martin Parry 275 Mathieson Alk(1%) 43% May Dept Str (13) . 13'; Maytag Cd (a50c) _o 43'y Maytag pf ww (3)_, 12% Mead Corp - 53% Melville Shoe (15) 67a Mengel Co i3 50 Mengel Co pf 3114 Merch&Min T 11.60 40" Mesta Macha3% . 5% Miami Copuer 17'¢ M1d-Cont Petal.15 21% Mid’ld Stl Prod (12) | 181'3110 Mid Stl 18t pr (8) 12% 64 Minn Moline Pwr 574 Minn-Moline pf($3) 2% M St P&SS M s in 16% Mission Corp(a4ic) 5'3 Mo Kans & T'exas 14'3 Mo Kan & Tex pf A. 2's Missouri Pacific(d). 37s Mo Pacific pf (d) __. 197a Mohawk Carp 11.20_ 35% Montgom Ward(t2) 1# Mnt Wrd rts Jan 29 41's Morrell J & Co 2.40_ 603 Morris&Essex(3%) % Mother Lodeal2l¢ 28% Motor Prod (12) 154 Motor Wheel (1.60) 11% Mullins Mf(B)as0c 70 Mullins Mfg pf (7). 102's Murphy G Cpf (5). 14 Murray Corp (a30c) 15 Nash Motors (1) 20's Nashv Chat & St L. 123 Natl Acme (a75¢) __ 913 Nat Aviation (al) .- 28% Nat Biscuit 1 60) 30°% Nat B'd & Inval.ll. B&I pfAww al.15. 211 Nat Cash tleg (al). 21 Nat Dairy Proall;_ 107 Nat Dairy P pf B(7) 10 Nat Dept Stores 54 Natl Mal'ble&Stl a2. 9% Nat Pwr & Lt (60c) atl Steel (1412)_ at Supply Co. 7% Nat Tea (60c) 13% 10% Natomas (t80¢) 110 10415 Newb'ry (J JIDHS) ewp't Indusablc.. Y Alrbrake a2l . 27% N Y Cenual R R 17% N Y Chicago & St L 36, NYChi&StLpt 3'a N Y Dock 10% N Y Dock pt 119 N Y & Harlem (5) .. 1 N Y luvestors (d).. NY NH&H(d) NY NH & H pf (d) N ¥ Ontario & West N Y Rys pf «d) - 9% N Y Shipbuilding. 83 N3 Steam L (6) 9315 N Y Steam 1st (7)_. 11a Norfolk Southn (d). 6*s North Am Aviaticn. 2314 North Am Co (t1)._ 52% North Am Co pf (3). 98 North Am Ed pf(6). 237% Northern Pacific.... 50 Northwest Tel (3).. 2 Norwalk Tire&Rub. 12% Ohio Ofl (a60¢) - 244 Oliver Farm Equip- 17 Omnibus Corp vto.. 24% Otis Elevatora7sc.. 123 Otis Elev pf (6) 123 Otis Steet 79 Otis St 1st pf(513). 128 Owens-I11 Glass (6) 13 Pac Am Fish (11) 315 Pacific Loast 814 Pactfic Coast lst _ 414 Pacific Coast 2d 30 Pacific Finan 11.80_ 41 30% Pac Gas & Elec (2). 47% 14% Pacific Mills (al) - 152 118 Pac Tel & Telega7. 152 140 Pacific T&T pf(6) _ 23% 11% Pac West'n Oil a65c Packard Mot(ad5c) 12% Pan Am Petr (a60c) 1% Panhandle Pro & R. 1815 Panhandle P&R p T Paramount Piet. _ .. 59 Para Plc 1st pf (6).. 8% Param't 2d pf $60c.. 17% Park & Tilford (2).. 2%, Park Utah 40% Parke Davis (ll“) 23 Parker Rust P13, 44 Parmelee Transp't_ 6% Pathe FNm Corp 10% Patino Mines(160c). 1t P’eeriess Motor 69 Penney(J C) (aT%) 3% Penn Coal & Coke 4'3 Penn Dixle Cement 28% Penn Dixie C pf A 17 Penn Gl S'd efs asle 284 Penma Rallroad(a2) 38 Peoples ashi 4 Peoria & Eastern .. 56 Pere Marquette pf_. 12% Pet C'p of Am a90c.. 10% Pfeiffer Brew (1.20) 26% Phelps Dodgeali. 3% Phila Rap Tr (d)... 1% Phila& Read C& 1. 66 Phillip Morris (3)_. 38% Phillips Pet (82%)- 8 Plerce Oll ptf__. 13 Plerce Petroleum__ 49% Pirelli Co A (23.13). T Pitts Coal.. 35% Pitts Coal pt. 714 Pitts Screw as2 23% Pittsbursh Steel Co 49 Pitts Steel pt 1% Pitts Term Coal 2% Pitts United Corp. 5814 Pitts United Cof 134 Pittston Co 11% Plymouth Ofl ('1) 12 Poor & Co (B) 4% Porto R Am Tob A 1% Porto R Am Tob B 6% Postal Tel&( pZ (d) 17% Pressed Steel Car . 17% Press Stl 1st pf 25c. 56 - 40% Proctor & Gam 113 122% 116% Proc & Gam pf (6) 50% 39 PubSveNJ (12.40). 113 103% Pub8ve NJ pf (5). 114 112 Pub Svo E&G pf(5). 69% 36% Pullman Ine (13%)-. 24% 16 Pure Ofl. 133% 103 Pure O118% ”..— 20% .9% Purity Bak (1406).. I 254 39% 136, 20% 83ty 164 22 15 3214 297 37% Lerner Stores (12) x 308 llTK 117 4 21 20% 448 19% - - ° SR TR P Y TR T T N 1514 21 1% 25% 218 301y 354 40 152 148% 22% 10% 16% 3t 60% Y 24% 170% 22 lofli 105 3% 3% 12 3% 3% 108t 107% 2 s 2 49 48% 2109 108% 1113 113 167 21% 20% 20s 110 110 117% + % 21 o > 1+ HLI+HE + o 4 l:.++.4_: + trait +4+ 1 FEEF & FFEOE TEPEE FEFFF VL4444 4+ EF FREEFRFEFIEFS i 144+4++41 FE FEsas ++ ++ - FHtE 4+t A4 SEESSELE FEELLES 25% 178% 105% 3%+ % 3% 108% +1 2% + W 26% — % 113 + % 20% + 110 i 3% | 4T 14% 9% Radio Corp 5 Radio-Kelth-Or (d) 287% Raybestos-M 1% _. 12% Reliable Strsabslc.. 17% Rem Rand (160e)_.. 81 RmRnd pf ww 4 4% Reo Motor Car 167 Republic Stes 8% Rep Stl prpf A 10 Revere Copper..__. 24% Revere Copper (A). 22'% Reynolds Met (t1) . 25 Reynolds Spring t1. 50 Revnolds Tob B (3) 74% Ruberold Co (11)_.. 5% Rutland R Rpf __ 27 Safeway Stores(t2) 96 Safeway Strs pf(5). 22 StJoseph Ld (al) .. 1'3 St L-San Fran (d) . 27 St L-San Fr pt (4). 7% St L Southw’n (d) .. 11 Savage Armsal). .. 37% Schenley Dist (13)_ 93 Scuenley D pf (5%) 53% Scott Paper (12)__. 7 Seaboard Afr L (d). 2 Seaboard A L pt(d). 30% Seaboard Oil (1).. 3% Seagrave Corp - 59% Sears Roebuck (12) 14 Sears Rrts Jan 16 15% Servel Inc (11) ___. 20% Sharon Steel (11.20) 89 Sharon Stl H pf (5). 4% Sharpe & Dohme __ 114 Shattuck F G(150¢) 30% Sheaffer Pen (2) 14% Shell Un Ofl (a25c). 1275102 Shell Un Ofl pf 6% - 14'3 8% Silver King (60c). 48% 19% Simmons Co (a3) ... 6% 3'4 Simms Petrol __.__ 47% 19' Skelly O11 85 54 Sloss-Sheffield Stl_ T2 40% Smith (A O) 30'3 21 Snider Packing 17'% 12'4 Socony Vac Ofl a70c Ti% 37 So Am G & P(a3lc) 35'; 26 South Port S (12) _ 32% 25 SouthCalFEdistll} 477% 23'3 Southern Pacific. 26'3 12% Southern Rallwa: 54'4 19 Southern Ry pf. 11% 6% Spalding (A G) 82 63% Spalding(AG)1st pf 9% 5% Sparks-Withington. 36% 29% Spenter Kell (1.60). 24 157 Sperry C'p vto (al). 37 13% Spicer Mfg (a3)__. 53% 44 Spicer Mfg pf (I)._ 114'3 63 Spiegel-May S (5)_. 43% 21% Square D Co (al%). 1814 14% Stand Brands t80c.. 129 1207 Stand Brands pf(7) 13% 9% Stand Com Tobacco 9% 5! Stand Gas & El (d). 277 9'3 Stand G&E $4 pf (d) 62 24 Stand G&E $6 pf(d) 724 26% Stand G&E $7 pf (d) 2 Stand Inv Corp ___ Stand O of Cal (11). Stand Oll of ma t1_ Stand Oflof N J (11 Stew-Warner t50c Stokley Bros(hZic) Stone & Web (a2ic) Studebaker Corp Sun Ol (1) Sun Ofl f (6) Superheater (a35¢) Supertor Ot __ %« Surerior Steel Swift & Co (11.20) . % Swift Intl Ltd (2 Symgton-Gould ww. Syminztn Gould xw Tennessee Cop albc. Texas Corp'n (11). Texas Gulf Pr (abe) ‘Tex Gulf Sul (12)__ Texas& PacRR . Tex Pac C & O a25e. Texas PL T (al0c) The Fair - ThermotdCo . _ Thompson Starrett Thompson Star pf 14‘4 Tide W Asso O 60c 100% Tide Wat A O pf(6) 12%4 Timken Detroft(t1) 56 Timken Roll B (12) 11 Transamerica t40¢c 147« Trans&Wn Air aZic 10% Transue&W (160c) 7ix Tricontinental afifc 2215 20th Cent Fox F a2. 31% 20tn Cent F pt 134 8% TwinCity RT . 65% TwinCRT pf 314 2% Ulen&Co .. T4 Unfl-Ell-Fl!h(lZ'{i) 3815 Unlon Bag&Pap (2) 71% Unlon Carb & C 3.20 4 203 Union Oil Calif (1) 149% 108% Union Pacific (6)._. 100 90 Union Pacific pf (4) 20% Unit Afrcraft a50c.. 13 Utd Air L (a20¢) ... 1613 United Am Bosch _ 5% United Corp (a20c). 40% United Corp pf (2) 103, United Drug (a75¢) 4 United Elec Coal 87 6613 United Fruit (13) _ 1915 14%a United Gas Imp ¢1) 113% 109 United G Imp pf (5) Unit Paperboard (n, U S Distributing pt 13 US& For'n Secur.. 39'. 24'¢ U S Freight (t1)_ 125'4 803 U S Gypsum (12) 169' 160 U S Gypsum pf (7), 20% 8% U S Hoffman 59 31% US Indus Alcohol_. 9% 42 US Leather vtc __. 18% 10% U S Leather A vto.. 637 21's US Pipe & Fy(1%). 19% 7% U S Realty & Imp. 49% 16% U S Rubber.. 101 47 U S Rubber 103% 72% U S Smelting (210). 7974 46% U S Steel 154% 115% U S Steel pf (7) 168 160 U S Tobacco pf {7)_ 8% 5 United Stores (A).. 50 UnivPletistpf ___ 3% Utll Pwr & Lt (A)_. 1 Vadsco Sates Corp 35 32% 51t 16l 481y T0% 241 303 157 14% 9ia 487 16' &% 23% 20 10 ar Chemical. 28% Car Chem 6% pf 114‘1 109 V' El-& Pwr of (8) 13% 4 Va lron Coal&Coke 41% 14 ValronC&Cof . 86 70 Vulcan Detin (a8)_. 4% 2% Wabash (d) 10% 5 WabashprA (d).. 7% 4% Wabash pf B (d).. 39% 30 Walgreen Co (2).. 118 114 Walgreen pf (634)_. 49% 26% Walker (H) (2)-— 12% 5% Walworth Co. eauea 52 107% Ward Baking Aeoo % 2% Ward Baking B._.. 18% 9% Warner Bres Piot. 69 44 Warner Bros pic pf. 2% % Warner-Quin (d)... 12% 4% Warren Bros r Eisenlohr_ 33% Weuon O&S(thUe). Wesson O&S pf (4). West Pa Elec A (7) West Pa Elec pf «6) West Pa Elec pf (1) West Pa Pwr pf (6) 124'» 116’2 West Pa Ewr pf (7) 12 84 Western Maryland 17 Western Pacifie _. 514 Western Pacific pf. 12% West'n Union (82) 34% Westinghse A B (1) 941% Westl El (a5%)- 22% West'n El Inst a85e. 19% Westvaco Chlor (1) 31% Westvaco 6%pf 1% 21% Wheeling Steel 84 Wheeling Stl Dl(tfi) 18% Whi 13% White Rk 3% White Sewing Mch. 16 White Sew Mch pf.. 2% Wilcox Ofl & Gas__. 6% Wilson & Co (60c) . 70 Wilson & Co pt (6). 44% Woolworth (2.40) . 23% Worthington Pump 56 Worth Pumppf A 47 Worth Pump pf B 63 Wrigley W ir (13). 33% Yale & Towne 160c 8y ow Tr & Coach 88% Yellow Tr&C pf 335 424 Young Spr&w (13) 41% Youngs'tn Sheet&T 21% Zenith Radio - 9% 5% Zonite Products Approximate Sales of Stoc! 0 P.M.. 116% 111% 1 & uividends. D‘mfl;fi &8 given In the above ial Jatest quarteriy or bal Add 00. High. Low. Close. Chge. 102 31 10% 8l 35% 19% 22 80% L3 2% 99 39% i 26% 29% 56% 120 8 41% 973 45% 5% 115% 121 9 2% 16 4% 8l 3% 51t 218 128% 43 TT% 33% ™ 108 1108 7 15 4 14 5% 33% % 0 P.M. shares. 16 19% 18% .19 0“ ...aanunu-mn -~ v 11 8% — W 35% + % 29% +17% 102'5 + % | 1313 — % 46 + % STAGE RECOVERY Leaders Gain Two or More. Fractional Gains Are Distributed Widely. Stock Averages 018 80 Indust. Rafls. 1) orks Net change. —+.4 + +4 +. Today, noon 94.5 380 514 69.4 Previous day 94.1 378 51.0 69.1 Month ago.. 95.7 384 517 170.2 Year ago _.. 741 31.8 465 56.6 1936-7 high. 99.3 435 53.7 728 1936-7 low.. 734 30.2 434 55.7 763 31.2 44.7 56.1 495 185 216 348 175 8.7 239 169 1929 high...146.9 153.9 184.3 157.7 1927 loW-... 51.6 95.3 618 618 (Compiled by the Associated Press.) BY VICTOR EUBANK, Associated Press Financial Writer, NEW YORK, January 5—S8tocks did an about-face in today's market and selected issues retrieved a con- slderable portion of their recent losses. 3% 46% + " Near the final hour especially- favored leaders displayed gains_up to 2 or more points and fractional ad- | vances were widely distributed. In- LR+ & REERER rs R IR S S o o S IR S o 4+ | P % ! 1 + L .n'.r.'-?.c FrYE] % | 5 5 W YW la V4 +l 4+ 44004+ +H1H 04 Lttt bbb bbbt s + Rttt 25EE & +4 1051 + 14 115% -2% BALTIMO! termittent buying flurries put the volume above that of yesterday, but there were extremely slow intervals. Transfers were around 1,700,000 shares. General Motors and Chrysler were in the forefront of the comeback, al- though the former was threatened with a shutdown of all its plants fol- lowing the company's defy to the unions. Hopes were held out, how- ever, that governmental mediation might bring a settlement, NEW YORK COTTON By the Associated Press. NEW YORK. January 5—Cotton was easier today under liquidation and spot house selling owing to fears that the release of | loan cotton would adversely affect the basis for low -grade cotton. March eased from 12.34 to 12.25 and in mid- afternoon prices were at the lows, representing net losses of 5 to 8 points. Livervool Quotations, H "ot American” il s done: prices 2 points lower an. strict good 0 res Marct Mar. .5 ber. 6.4t December. New Orleans Prices. NEW ORLEANS. January 5 () —Selling on the strength of the new Government plan to dispose of loan cotton had appar- ently dried up today. and_cotfon prices held steady a point or so off the previous se. h opened at 1296, May at 12.18, at 12.06 and October at 11 Peien | marTke(s were ral Pool reported considerable aniantian: .rade continued to study the Gov- rnment’s loan program There was a drop in t most_of the belt. accome: the Central area. The Ea CHICAGO GRAIN Br the Asscciated Press. CHICAGO, January 5. — Wheat plunged down more than 3 cents & bushel today, largely as a result of stop-loss selling and cessation of ex< port demand. Increased offerings of ‘wheat from below the Equator did much to pre- cipitate heavy selling pressure and | the sharp breaks in prices. Corn was weakened at the last, owing to action of wheat. At the close wheat was 234-31g under yesterday's finish, May, 1.3234- 7s: July, 1.157g-1.16: Corn. 34-114 down, May, new, 1.0934-74: July, new, 1.0534: oats, 13-35 off, and provisions unchanged to 25 cents lower. ratures over by rains in was dry. 1.00% 1.06 10512 1.0 1.003% 1.01's Chicago Cash Market. Cash wheat, No. 1, hard, 1.40; Corn, No. 4, mixed, 1.0721.07'z: No. 3, yel- !low, 1.12: No. 4. veilow, 1.08al.11: No. 3, white, 1.13%4al.14!3; No. 4, white, 1.12: Oats, No. 2, mixed, 5412, No. 1. white, 55a57. No. 2, white, 54“a56'~. No. 3, white, 55: Rye, No. 11, 1.2612; No. 2, 1.20!3; Buckwheat, | No. 3, 2.50; Barley feed, 68a80 nom.; Malting, 1.00a140 nom.: Timothy seed, 5.85a6.10 Cwt.; New, 5.60a5.85 Cwt.; Clover seed, 25.00a32.00 Cwt. Winnipeg Prices. ‘WINNIPEG, J'llnulr! 5 (7). —Grain range today: 1t RE. January 3 heat 33, 7g, Winter. jururky. spot. domestic. NEW YORK BANK STOCKS CLIMB 4.22 PER CENT Special Dispatch to The Star. NEW YORK, January 5.—New York City bank stocks closed the final day of the year up strongly from the pre- vious week's closing levels, according to records compiled by Hoit, Rose & ‘Troster. The aggregate market value of 16 % 103 24% + % 16% + % 6% M -1% % + % 9l + B 80 +2% 62% 36% + % 828 +1% - % 6% + T on the N. Y. Stock Exchange, . 820,000 1,420,000 rate—not or being leading issues on December 31 totaled i $1,934,511,000, compared with $1,856,- 260,000 at the close of the previous week, an increase of $78,251,000, or 4.22 per cent. This figure represents an increase of $60,414,000 over the aggregate market value of $1,874,097,000, recorded on January 3, 1936, and compares with the high for the year of $2,089,234,000, registered on August 7, and the 19368 $1,552,855,000 reached on The current average yield of the 16 issues of 3.40 per cent compares with a yield of 3.54 per cent on Decem- ber 24. SHOPS REOPENED. HARRISBURG, Pa, January 5 (#).—The Bethlehem Steel Co. has re- "",E,’. :u-n-n opened the fabrication shops at its o Paid chis year. Steelton plant and is using soms facilities of the Middletown Car ©o. plant increased”