Evening Star Newspaper, January 7, 1937, Page 18

A—I8 wka BANKSI[][}KS[EAI]TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE D.C. EXCHANGE RISE- Or;e Issue Up More Than 70 Points—Two Others Gain 50 Points. BY EDWARD C. STONE. In the many sharp advances in security prices on the Washington Stock Exchange during 1936 bank stocks led the whole list, with one issue gaining over 70 points and two others 50 points. Riggs National Bank common opened 1936 at 250 and stepped up to 325, closing the year at 332. Ameri- can Security & Trust Co. opened at 230 and ran up 50 points to 280, al- ready going still higher this year to 205. Washington Loan & Trust Co. stock made the third largest advance, starting at 203% and runnnig up practically 50 points to 250. In the surprising come-back of bank stocks National Capital moved from 120 to 145, closing 1936 at 139%z. Liberty National closed at 120 and Lincoln National at 203. Riggs Na- tional preferred, which closed at 102, ‘was off about four points from the year's best price. National Bank of Washington scored a substantial pick-up, the first 1936 quotation being 108} and the last 126. National Savings & Trust Co. opened at 100 and added 35 points during the year. The Bank of Bethes- da quotations moved from 25 to 30, wdding to the general price upturn. In the public utilities division Capi- tal Transit sold lower at the end of 1936 than at the beginning. Norfolk & Washington Steamboat stock moved from 88 to 105, closing at 101. The | Potomac Electric Power stocks, al- | ways at high levels, stayed in about a four-point range. Washington Gas went from 7012 to 80, and Washington Railway & Electric preferred closed 1936 at 111 after opening at 108 Other stocks doing exceptionally well included Lanston Monotype, which rose from 70's to 82; Mergen- thaler Linotype, up to 57 from 413, | and Woodward & Lothrop common | atock, which climbed from 65 to 80 in less than 12 months. Other stocks | revealed modest gains. Many bonds opened the year above par and also closed over the 100 mark, maintain- ing notable strength through 1936. Coffee Firm Votes Dividends. Directors of the John H. Wilkins Co., eoffee and tea importers, have declared 4 4 per cent semi-annual dividend on the outstanding preferred stock and a dividend of $1.50 per share on the com- mon stock, both payable on January 15, President John H. Wilkins an- nounced today. Thomas C. Montgomery, president of | the Bond Club of Washington, and | vice president of Waggaman, Brawner | & Co., announced today that the club | will have a Midwinter dinner at the | Mayflower Hotel on Thursday e\’enlng January 28. This is a new departure, as the club for several years has con- tented itself with holding luncheon meetings. The past year in the bond business has been so favorable that it was decided that only a dinner would do under such bright conditions. There | will be no long speeches, the club’s | chief states. Word has been received here that Cosmoplitan Office Building & Theater first 5s of 1938 have been called for re- demption as of January 1 at 103 and | accrued interest. The bonds, put ouz on a Chicago office building, are said l to be widely held in Washington. Hold- | ers should bear in mind that interest | on the bonds has already ceased. Endicott on A. I. B. Faculty. The Educational Committee, Wash- Ington Chapter, American Institute of | Banking, has announced the appoint- | ment of Ralph Endicott, assistant treasurer, Washington Loan & Trust Co., to instruct a new course in bank | accounting and audit control.” Mr. Endicott, a native of New | Jersey, has been associated with the, trust company since 1919 and has served as auditor and assistant treas- urer for eight years. He is past chair- man of the Auditors’ Section, D. C. Bankers' Association, and was in- cluded in the first group of students in the Graduate School of Banking at Rutgers University, where he will complete his course in June of t.hls year. Insurance Leader 48 Years. ‘The forty-eighth anniversary of Albert Stabler as a representative of the Provident Mutual Life Insurance Co. of Philadelphia was celebrated to- day with a luncheon at Wesley Hall, given in his honor by Harold D. Krafft, manager of the Washington office. Mr. Stabler joined the company’s staff January 7, 1889, as a special agent and later became general agent for this territory, which position he held for many years. Since 1889 he has been responsible for placing over.$7,000,000 of insurance in this territory, and ke has seen the insurance in force of the Provident Mutual grow from $60,000,- 000 to $950,000,000. Although past 73 years of age, Mr. Stabler is continuing active life under- writing, and now looks forward to his fiftieth anniversary. Linn to Address Bankers. Arthur J. Linn, controller of the Hamilton National Bank, will appear on the program at the coming A. B. A. conference at Pittsburgh January 28 and 29, his subject being “Income From Banking Services” Details of the first of three sectional meetings, ‘which were inaugurated last year by ‘Robert V. Fleming, have just been ‘announced. Forum discussions on current bank- ing methods and policies will feature the two-day session. President Tom K. Smith will preside and make an ad- dress on “Why Banks Should Counsel T,” and another on “Associa- tion Activities.” Some unusually able speakers have been secured, the pro- gram indicates. Heard in Financial District. vlmmemmm-&mmmcnm- mission of intentions to issue $6,662,- 800 415 per cent debenture notes to be dated February 1, 1937, is planning to place these bonds with the banks which now hold the $6,500,000 col- lateral trust gold 5! per cent bonds due March 1, 1941. The application states that the refunding will save $57,687.50 a year in interest charges. None of the new bonds are to be of- fered the public. Transit stock sold at 15 on the ‘Washington Stock Exchange again today, and Washington Gas moved at 82. Riggs National Bank common again commanded 330. Potomac Elec- © tric Power 6 per cent preferred opened at 112% and closed at 112%. ‘Washington Gas 8s, 1958, appeared on the board at 108, the only bond out. Bids on other issues were very ‘Migle changsd. 14 FINANCIAL. 1% Advance Humiey .. 58 Alr Reduction (11) 2 Air-Way Elec Appl 13 m-n.nm 1600). x . 12% Alleg ot lllfl' @) 12% Alleg pf w340w (d). 124 Alleg pf sw (d) ... 27 Alleg or of (d) 0% 26% Alleg St 35% Allis-Chalm (t1%). uu Alpha Port C(a1%). Amal Leather - Amal Leath pf (3)-. Amerada «orp ¢2).. Am Ag Ch (Del) a4. Am Bank Note (t1). Am Brake Sh (12).. AmCap (14) 30 Am Car & Foundry. 57% Am Car & Farv of 31 Am Chain&Cab(a4). T4 Am Colortype 20% Am Comcl Al (a50c) 16% Am Crystal Stab0c) 3'4 Am Encaustic .. 9% Am European Sec. 615 Am & Foreign Pw! 26 Am & Por Pw 36 pf. 29% Am & For Pw 87 pf 12 Am & For Pw 24 pf. 13 Am Hawahan(1).. 4% Am Hi: Leather 314 Am Hide & L of (3) 37 Am Home P (12.40). 24 Am lce 16'4 Am Ice of (2) 9% Am Intrnat’l (a40c) 28% Am Locomotive 66 Am Locomo pf (33). 21 Am Mach&Fdvitl) 10 Am Mach & Met 60c. 27 Am Meta: 714 Am Power & Light. 36% Am Pwr&Lt of (5). 43 Am Pwr&Lt pf (6) 18% Am Radiator(160c) 165% 157 Am Radiator pf (7) 37 23% Am Roll M (11.20). 39% 31 Am Saf Razor (12). 28% 18 Am Seating(azif).. 454 25% Am Shipuide «2) 103 56% Am Smelt&Ref (3). 10815 104 Am Smé&Ref pf (6). 1523, 136% Am Smé&Ref nf (7). 8% 57'3 Am Snuff (13) 64 20'3 Am Steel Fdry (al) Fy pf (7). 26% 20% Am Sumatra Tob § 190% 149's Am Tel & Teleg (9) 10243 87 Am Tobacco (6). ... 104 88's Am Tobacco B (6). 160 136 Am Tobacco pf (6). 872 Am Tvuve Found. 19 Am Wat Wk 928 Am Wat W Ist T Am Woo 52% Am Woolen pf (34). % Am Writ Paper (d) 314 Am Zinc & Lead .. 24 Am Zinc & Lor pf 28 Anaconda Cop (t1). 36 Anaconda Wir< t2_ 15'% Anchor Cap 160¢) 97 Anchor Cap pf(6%) 9 Andes (‘opper 37 Archer-Dan-M (12) 110% 105'¢« Armour Del pf (7)« 7% 4% Armour (lllinois) 84 66% Arm'r(1l1)pr of (6) 62% 47% Armstrong C'k t1% 184 Th Arnold Const t50¢ 22 8lp Artloumn Lorp - 277 12% Asso Dry Goods _. 88!y 59 Atch To& S Fea2 107 90% Atch To&S Fe of(§) 49 21% Atl CoastLine(al)._ 26% Atlantic Refin (1) 112 Atlas Powder pf(5) 14 Atlas Tack (a76c).. 26% Auburn Auto 5% Austin Nichols 4% Aviation Corp (Del) 213 Baldwin Loco () 2913 Baldwin Loco pf(d) 2% Baldwin Loasdid). 33% Baldw L pf asd(d). 167 Baltimore & Ohfo. .. 21 Baitimore & Ob of. 39 Bang & Aroos (235) 21 Barber Co (a75¢c)-—. 13% Barker Hrothers 82Y% Barker Bros pf $10_ 14% Barnsdall Oil (1) - 16% Bavuk Uigars 176¢ 18 Beatrice Cream(t1) 100 Beatrice pf ww (5) 13 Beiding Hem 111 21% Rendix Aviatiall) 20 Beneficial L (b#3c, 48 Best& Co (2 453 Bethlehem Stlall 16'a Beth St 5% of(1) 23 Bigelow-San (*1) . 18! Black & Decker 25¢ 14's Blaw-Knox (a8ve) 18% Bloominzdale (a1) 77% Blumenthal pf(321) 16°» Boeing: Airpiane 40% Bohn Alum&Br (3) 80t Bon Ami (A) (4) 39 Bon Ami (B)b623%¢c 26% Boraen Co (1 60) . 64 Borg-Warner (4).. 6 Boston & Maine 1% Botany Min A (d) . 12% Bridgp't Brass 1400 43% Briggs Mfg (v2) 47 Brizes & Strat (3) 41 Bristol-Myers t2.40 40% Bkiyn-Man Tr (4) 97% Bklyn-Man T pf (6) 43 BKlyn & Queens . 331% Bklyn & Qns pf(33). 44'% Bklyn Un Gas (3) 45 Brown Shoe (3) 8% Brunswick-Balk 8% Bucyrus-Erle - 9% Budd (EG) Mfg. .. 85 Budd (EG) Mfe ot 8% Budd Wheel (a20c). 20% Bullard Co (al%)-. 11% Bulova Watch 25 Burr Ad Mch(760c) 214 Bush Terminal (d). 8% Bush Term deb (d) 14% Bush T Bidgs pf(d) % Butler Bros (a60¢) 29% Butler Brospf 1% _ 2% Butte Cop & Z(ab¢). 16% Byers (A M) 54'% Byers (A M) ot 22 Byron Jackson 1. 304 California Pack (2) x % Callahan Zinc-Lead 6 Calumet & Hec a760 30 Cumpbell Wy (11) 10% Canada Dry G A... 10% ‘anadian Pdethe 37 Cannon Mills (a4)_. 12% Cap Adm 1A ) ablc 6% Carriers & Gen (30c 92% Case (J 1) Co 14) 54% Caterpillar Trac 13 21% Celanese Corpall;. 115 106 Celof AmprofAT. 19 Celotes Corp 2 !6 54 Celotex pfily. 25'% Cent Aguire ¢ 114 ) 6% Central Foundry Co 35 Central RRoOf NJ 224 Central Violeta Sus. 97% Century R M pf (7) 4T% Cerro de Pasco «4) 8l Certain-teed Prod.. 28% 105 164 32%. 261 32 35 1 20 18 3¢ 501 9 3 120 108 72 1 2 1008 18 2 b 37 208 2 1 308 7 6 12 25 508 3 6 26 53 2 26 214 1 8 37 10 17 21 1 4 60s 6 90 2 3 llh $T Gortatn-teed bf (61 3908 19 Chamo Pap & F ¢1) 51 Ches & Ohio (12.80) 2% Chi & East 11l pf(d) 1% Chi Grt West (d)... 4 ChiGrt Wpt(d)... 25% Chi Mali Ord(t13%). 1% Chi M1 St P&P (d) 2% Chi M ll'l’ll’fl ) @ ... flt Cht& N'W pt (d). 12% Chi Pneumatic Too) 40% Chi Pn Tool of $3%. * 1% Chi R 1&Pas 14) 8% Chi RI&P 6% pt «d) 3% Chi R 1&P 1% of 19% Ch3 Yellow Cad 17% Chickash Cot Ofl ... 7 Chitds Co 86% Chryaler Cm(lll) 28 15% Citv ice & Fu. 89% 72% City lco&F of 4% Citv Stores 234 Clark Bquip(11.60). 1 (11u of 4% Graph Br (3) . 77% 48 Cluett Peabody (3)- 134 84 Coca-Cola (t3) . 21% g Colxate P-P (mn). A| 28% Colo Fuel & Iron... 36% 21 Colo & Southern 37% 19% Colo & Soutb 1st pt 23% 14 ColumbG & Eatle. 108% 904 ColGHBDLA () ! 13 13 1 2 . l¢ l 101 12 17 86 DT LTy - ° o= 10 1208 IWI l THE EVENING. STAR, WASHINGTON, D. C, THURSDAY, JANUARY 7, 1937, 107% 110% +2% 84 84% +1 % 40 + W 70 0% +1% uav. 119% + &% % 611 +1% 3% +2 1 & s2¥Fr syses bt At !Bl 7% 108 39 82% 16% 68 36% 66% 8 2% 14% 31y 2 5% 3% 11% 24% REFREIR FRrLE Hld4+ 4+ HEEEEEELd =% Eei8 #"sRee w2 #F wessFs 19 o 5us llfl lIZ'/g 112% 47 4% 46% +l !3% 224 fl% +llh 25 + % l’!fi 19% ll!i + % 106% 106% 106ie 2:16 p.m. Colum Piet vie (11) Colum Plcov pf 3% Colum Carbd n-n’d) 14% Coma’] Solv (160c). 2% Comw & Soutbern. 7 Conde Nast Pub 30% Congoleum N t1.60. 8 Consol Cigar 65% Consol Cigar pf (1) 100- 48% 27% Consol B4 N Y t2__ 109 83% 197 108k 103% 32%, 33% 54y 23 9% 153 1% 40%y 43 S4% 9513 25 61% 12% 824 51 364 1% L3 184% 125 | 185 40 15% | 4T3 | 115 T8 25% 8T% 9% 55% 1% 6% 29% 69 164 84% 10% 18% 3412 115% 49% 364 1083, 45 4% 56% 11% 48ty 45% 127 35% 135 8 6315 T 30 | 106 17 4% 17 123% 15% 594 64 57 105'/- 116% 14% 4% 1% “ 52% 46% 22!& l“% 39% 17% 4% 66 62% 63 37 16% 105% 55 ISK 141 41 150 124 33% 42% 115 44 41 147 17% 10 e 18% Ll % 108 ¢ 102 Consol E4 NY or¢§) 15% Consol Film pf(32). 3% Consol Laundries. 11% Consol Oil (8%¢) .. 5% ConsolR R Cuba pf. % Consol Textile (d). 2 Cons Coal (Dal)vto. 12% Cons C (Del) of vte 15% Container Corp (1) 10% Contl Baking (A).. 1% Contl Baking (B) 67% Cont] Baking pf(39) 63% Cont'l Can (13) .. __. 17% Cont) Dia Fibre(2). 35% Contl Insur (+1.60). 2% ‘ont! Motors 28% Contl O} (Dll)ll“ 25 Contl Steel Corp(1) 55% Corn Ex BK&Tr (3) 63% Corn Prod Ref (13). 4 Coty ine - 24 CraneCo ... 35 Cr of Wh" 15% Crosley Radloal3 . 43% Crown C'k& S (a4). 44 Crown Ck pf xw 2§ 7% Crown Zelleb's vie. 28 Crucible Stee 1% Cuba €O eomeee 614 Cuban-Am Sugar__. 63'5 Cuban Am Sug pf- 35'a Cudahy Pkg (23%).. Publishing... 364 Cushman Sons pf - 43% Cutler Hammer t1_ Th Davega Stores (1) .. 107 Dayton P&L pf 4% 52 Deere & Co 27 Deere & Co Df(1.40) 19% Deisel- Wem-G (71) 46% Delaware & Hudson 147 Del Lack & West 4% Den&Klio GW pf (d) 128 Detroit kdiron (14) 4 Det & Mackinac __. 30% Diamonu Mich v1% 37'3 Dia Match pf 1% . 18% List « orp Seag Ltd. 934 Distillers C'p pf(5). 19 Dixie Vortex (i%). 41'% Dome Mines (12)__. 7% Dominion Sto: 50% Liougiass Atrcraft 29 Dresser Mfg(A:a3.* 13 Dresser Mfg(B)al. % Dututh 88 4% Lunhill int 133 Du Pontde N l‘ lo 5'5 tastern Roll Milis_ 156 Eastman Kod (1§). 28!3 Eaton Mfg (12) .. 6% Eitington Schild 30% Elec Auto Lite 12.40 110% Elec Auto L p1 17). Elec Boat (a60c) 5 El& Mus IndaiSc_. 6% Klec Pw & Lt : 29'3 Elec Pw & Lt §6 pf. 32% Elec Pw & Lt $7 pt. 39% Elec Stor Batal¥ . 13 Elk Horn Coal d) .. 1% Elk Horn C pt (d) 22% Kl Paso Nat G(1.60) 534 Endicott-John (3) T2 Eng Public Service 455 Eng P 8 $5 of (310) 5% Equit Office B a20c. 11 EneRRK 16 Erie R R 1st pf 12 Eureka Vae C (80¢) 23% Evans Product(t1). 4% Exchange Buffe 2% Fatrbanks Co . 8'5 Fairbanks Copt. . 34% Fairb'ks-Morse(t1) 31% Fajardo Sugar (2).. 184 Federa) Lt & Trac .. 73 Federal Mot Tr ¢0e. 3 Fed Screw Works . 215 Fed Water Svo (A) 4 20% Fed'd Dept S (al4) 105 Fedtd DScupf 4% 38 Fidel Phoe F I t1.60 247 Firestone T & R (2) 10015 Firestone ptf A (6)_ 58% 40 First Nat Strs 1. 30% Flintkote Co (1) . 251 Florsheim(A) (t1)_ 4615 Florence Stove 4% _ 3% Follansbee Bros 1d) 32 Food hine (1) 24% Foster-Wheeler.._. 95% Foster-Wheeler pf Francisco Sugar 23'5 Freeport SulCo (1). 108 Kreeport Sul pf (6). 47% Fuller Co pr pt 31t Futler Co 2d of - 3% Gabriel Co (A) 11% Gamewell Co 100 Gannett ev of (6) _ 15% Gar Wood Ind a55c_ 8'4 Gen Am Inv ‘a75c). 97 Gen Am Inv pf (6) . 42% Gen Am Trans'ta3_ 10% Gen Baking (t6Vc) - 17 Gen Cable A - 70% Gen Cable pf (37) 49 Gen (1 (14) 34'% Gen Electric (11 33% Gen Foods 11.30 7 Gen Gas & Elec 14 G&E 6%cv DA 88 Gen Mils (3) 123 116 Gen Mills of ( 53% Gen Motors (a43). 118 Gen Motors pf (5) 5% Gen Qutdoors Adv._. 18% Gen Outdoor Adv A. 3% Gen Pub Service... 3215 Gen Ry Signal (1).. 118‘@ 106 Gen Ry Sig pf (). Gen Reaity & Util __ 26% Gen Realty & 7" pf_.. 33% Gen Refrac a3%).. 32% Gen St Casting pf 17 Gen Theatre E (a2). 13% Gillette Saf R (1) 70 Gillette S R pf (5)- 6% Gimbel Bros 84 Gimbel Bros pf (6). 391 Glidden Co (2) __ 52% Glidden cv pL(3%)- 3% Gobel (Adolf) . 6% Goebel Brew (120¢) 13% Goodrich (BF) (a)) 74 Goodrich(BF)pf(5) 218 Goodyear ‘I & R 100 Goody r T&R of (5) 87 Goodyear $7 pf (4)_ 8% Gotbam Siik Hose .. 2 Graham-Paige 1% Gragby Cons (new). 25% 16 Grand Un pf (31%) 24% Granite City 8t) (1) 28% Grant(W T)(11.40). 32 Grt Northein pt 16 Grt North'n Ore (1) Il% Close. Chge. 6 + % a8 -% ! mm ll’% IHK +l!¢ ll 4 80 81 45% 2 101% l 10% 202 1% 1 30 71 530s 6 11 3 2408 14 29 6 2 15 2 68 9 27 17T4% 38 15 2 174% 10 35% 8 13% 37 4l 308 113% 18 123 (3 28 508 80s 13 24 21 8 30 608 10 11 208 10 308 191 608 10 31 Grt Wt'n Sug 12.40.x 136 Grt West Sug pf(7) 22 Green (HL)(11.60) 14% Greyhound (180¢) - 1% Guantanamo Sugar Guantanamo Sug ot ‘30% Guif Mobile & N pt 28% Guif States Steel .. 33 Hack W praA (1%). 6 Hall(W¥)Printing 100 Hanna (M A) pf (5) 30% Harb-Walker (13> 12 Hat uorv ot Am (A) 4% Ha: 117 Helme (G H) (15)_. 25% Hercules Mot (t1).. 84 Hercules Powabi . 108 Holland Fura pf(6) 9 Holland&Sens t50c. 19% Holly Sugar (%3) - 108 Holly Sugar pf (7). % 39% Houd-Hersh(A)33% 22% Houd-Her (B) 13 54% Household Fin (4)_. 65% House Fin pf(4.68. 6% Houston ULl vic . 48% Howe Sound (13)... 3% Hudson & Manhat.. 8% Hudson & Man pf.. 22% 13% Hudson Motor Car. 1 Hupp Motors .... Central ... 4% Indian Refin (a1) .. Indu Rayon (11.68). Ingersoll- Hand(13) £8% InlandSteel (13)... Ch inspiration Copper. Sh Md cfs a20c " wu ter Rap T vte «4) 24 Intercont) Kubber.. 9% Interiake irod ... 2% 1ot Agricultural... 5% 4TI 224 Int w 180" int B diada (107= 108 10 108 111 2208 1 T 208 2 208 2 ’ll“ 18% 3% n 14% 37% 17% 80 4 107% 16% 10% 16% 10 38% 1% Th 171% 14% 174 344 1238, 405 13 12% 5% s 90 42' 1% 57 284 A FiFeseFevesls 4 ~ | ¥ R ey - P EFEESEEF 4 HhE A4+ T ° L & ++ il 4414444+ —— o FE FEEFF 5! 48% 67 864 I +++ —— FPES 4% M% 14% 1014 101% 101% —1% 51% 51 bl4 2 um 16% 16% + % 6% yer Bod 21* 12% Hecker Plod (60e) x 29 118% 1:1‘)* lll% + % 6% + % -1 i 34% 34% 34% +1% 6 158% 153% 168% +84 2¢ 43% 6 . uzu lll% llfl 118 118 23% 42 23% 43 '0.6 FEFEETISEES l'l Stock and ™% Dividend luu lfls Int Harvester 3% 160 1483 Int Harvester pt(!) 10% 2% Ill‘.l“ 0c? . 43% Int Nickel 1a1.30).. 3% Int Paper & Pw (A) 2% Int Paper & P' (B) l!h l-t Paper & Pw (C) ” Xl 1 Salt (1%)-_ 47 ‘IntShoe (13, ..... int Silver 50 Int Sflver pf m)... 24% [sland Creek (3)... 581 Jewel Tea (74) 88 Johns-Manville(t%) 76% Jones&L 7% pr 13% 39% Kalamazoo 8 (11).. 13 Kans City Southern 19% KansCSpf (a1)... 17 Kauf'nn D8 11.60__ 23% Kayser J&Cotal%) 19% Kelsey-H (A) 8134 17% Kelsey-H (B)ali4. 14% Keivinator (t60e)... 87 Kendallpf A (16).. 28% Kennecott (21.70)_. 17% Keystone S&W (3). 18% Kimberly Clark(1). 3% Kinney (G R)Co . 30 Kinney(GR)pf(al). 20% Kresge (S8) (1) 19% Kroger G&B(11.60) 20% Laclede (8t L) 32 Laclede Gas 8t L pf 15% Lambert Co (3) .. 12 Lee Rub&Tireb0c) 18% Leh Port Cmt (1%) 2 Lenigh Valiey Coal 9% Lehigb Val Coal pf. 815 Lehigh Valley R R. 89 Lehman Corp (3). 12 Lehn & Tinkal%._. 37% l.erner Stores (12). 474 Libbey-Ow Glad%. 7 Libby. MeN& Lal_ 25 Life Saver (11.60)_. 974 Lieg&Mvers B 114) 19 Lily TulipCup t1% 25% Lima Locomotive - 36 Link Belt (t2) __ 3215 Liquid Carb (2.60)_. 43 Loew'sins (13) ... 2 Loft Inc 35% Lone Star Cmt(12)_ 3% Long Bell Lum A) 26% 21% Lorillard (P) $1.20. 140 Lorillard (P) pf(7) 13 La Ofl Ref pt ) 20 Loulsv GREDIA 13 57!5 Louis & Nash (; 221, Ludlum Steel (t1 lsu, 12715 MacAnd & F pf (6)_ 37 29 McCallCorp (2)__ 12% McCrorv Stores 16 McGraw-Hill 123e. Mcintvre i'orcu 121 McKes Tin P(a5%). Mchkesson & Hod McKess& Rob p! 3 McLellan Strs a30e. Mack Trucks /1) _. Macy (R H) (2) . Madison 8q G 1600 Magma Copper (a3) Manat Sugar (d) . Manat) Sug pf (d). Mandel Bros .. Man El md g1d (4). Manhat Shirt (1)__. Maracaivo O1l Exp Marine Midl'd t40c. Marlin-Rock (12) _ Mursnail Field & Co Martin Parry Masonite Corp (11). 27% Mathieson Alk(1%) 43'4 May Dept Str (13) x Maytag Co (ab0c) Maytag 1st pf (6 Mead Corp Mead Corp pf (6) 834 Mengel Co pf Mengel Co pf ctfs . Miami Copp % 1T% Mid-Cont Pet al.16 21% Mid'ld Stl Prod (12) 13135 110 M1d Stl Ist pt ¢ 109 88 Milw El R&L pf (6) 112 65 Minn-Hon Ros 113 120 119 MinnHerpfB (4)- 12% 6% Minn Moline Pwr 94 57% Minn-Moline pf(33) 5% 25 M St P&SS Mot 6l 2% MStP&SSMIisin 16% Mission Corp(adse) 513 Mo Kans & Texas 1415 Mo Kan & Tex pf A. 2% Missour: Pacificid) 3%a Mo Pacific pf «4) 19% Mohawk Carp +1.20. 79 Monsanto Chem t1._ 35% Montgom Ward(t2) 1# Mnt Wrd rts Jan 29 1, Mother Lode a12%e 28% Motor Prod «12) 15% Motor Wheel (1.60) 11% Mullins Mf(B)as0e 70 Mullins Mfg pf (7) 14 Murray Corp (a50¢) Az Myers(FE) & Br(3) Nash Motors (1) - hv Chat & St L_ 1 Acme (a75¢) Aviation (a1 Biscult 11 60). B'd& Invalll Cash Reg (a1). 21 at Dairy Proal’. 112% m'm Nat Dairy P pf A(7) Ni 54 Natl Mal'ble&St] a2 27% N YCentral RR __. 17% N Y Chicago & St L. YChi&StL ot Dock Y H & H f (d)_ Ontario & West Y Shipbuilding .. 83 N Y Steam pf (6) 1% Norfolk Southn (d) 310% 210 Norfolk & W (78) _ 115 105 Norfolk&Wn pf(4). 6% North Am Aviation 231 North Am Co (1) __ 52% North Am Co pt (3) 98 North Am Ed pf(§) 23% Northern Pacifie __ 50 Northwest Tel (3).. 2 Norwalk Tire&Rub. 12% Ohio O1l (260¢) - _ 24% Oliver Farm Equi 17 Omnibus Corp vte.. 8 Oppenheim Colli: 24% Otis Elevator a%fe.. 12% Otis Stee: 13 Pac Am Fish (11) - 3% Pacific Coa: 81 Pacific Coast 18 30 Pacific Finan t1.80_ 30% Pac Gas & Elec (2). 58% 44% Pac Lighting (3) ... 14% Pacific Mills (a1)... 11% Pac West'n Oil (n)_ 6% Packard Mot (a46c) 12% Pan Am Petr 1% Panbandle Pro & R. 7% Paramount Plet . 69 ©ara Plc 1st pf (6)_ 8% Param't 2d pf $60c.. 17% Park & Tilford (2).. 2% Park Utab 40% Parke Davis (ll“) 23 Parker Rust Pt1% 4% Parmeles Transp't. 6% Pathe Film Corp . 104 Patino Mines(t60¢). 1% Peeriess Motor 60 Penick & Ford (t3). 69 PenneytJ C) (a7%) 3% Pepn Coal & Coke 2 7 Benn G1 50 ofs abte 28% Penna Raliroad(a2) 30 Peoples Dru 1).. Peoples Gas Ch! l-.. Low. Close. Gves. llli 104% + % 5!00 l“l 160 +2% 10% + % Th + ¥ 184 — % 63% +1% 1% + % 12+ % 64 + % 92% +2% 26% — % 9 +% ll 62 17% ) ® FEEET 58 FEEF FENLERESS FHL L4444 F 14+ +EF L b4+ 4+ 144+ PP & F 1+ ++++++4++1 - B X & sEslosssirsess IE e I T 2 | 4+ @ FEFaE #F5ds ssssw tHtEE A ¥ ¥ 29% 111% 111% 108!5 108'% 19% 29 35 55% 131 FEEF FEESFFE L % 2% 663, 10% 12% 10! 26 367% 80 sxe” tEaA It Ehbtr bbb 4l% +2% 26 +"% 11% + » 17 +1 3 - % 187 25% + % 22 180 175 180 +4% 28% 23% + % 3 -1 §u3»=~u=- s»:-..-.:.-;—-.: o3 2:16 p.m. 1936 Low. 16 7% Phillips Jones 52% 38% Phillips Pet ( 18% 8 Plerce Oll pt 1% Plerce Petroleum . Stock and % C 2 187 176 Pitts FW&C of (7). 183% T4 Pitts Screw a5234¢. 234 Pittsbursh Steel Co 49 Pitts Steel pt - 2% Pitts United Corp... 584 Pitts United Cof.. 21 Pitts& W Ve 11% Pl!molllh ol (t1)_. 29% 12 Poor& (B) ... 4% Porto R Am Tob A_. 1% Porto R Am Tob B.. 6% Postal Tel&( p? (d)' 17% Pressed Steel Car __ 17% Press Stl 1at pt 25c. 40% Proctor & Gam 1% 5 39 PubSve NJ (12.40). 113 103% Pub8ve NJ pf (§). 164 146 PubSve NJ pf (3_. 69% 387% Puliman Lne (1%).. 24% 16 Pure Ofi 118 91% Pure O1l 6% pf . 133% 103 PureOlI 8% Df __. 20% 9% Purity Bak (t40¢c).-. 19% 16'% Quaker Sta Ref 80c. 14% 1o Corp 50 68% Radio Corp f A 3% 108% 82! RadioCorppfB.__. 20 5 Radio-Keitb-Or (d) 11 RRSeclllCent .. 287 Raybestos-M t1%_. 9% Real Silk Hostery 1% Reis (Robt) 12% Reliable Strsa50c.. 17% Rem Rand (160¢) . 81 RmRnd pf ww 4% 4% tieo Motor Car 16% Republfc Steel 77 Repub Steel pf $12_. 7814 Rep Stl or of A (6). 10 Revere Copper _. 24% Revere Copper (A). 224 Reynolds Met (t1) . 25 Reynolds Spring t1. 50 Revnolds Tob B (3) 19% Ritter Dental (t1) 74% Ruberoid Co (t1) 27 Safeway Store 96 Safeway Strs 22 StJoseph Ld (a1)_. 1% St L-Sapn Fran (d). 2% St L-San Fr pf (4). 7% St L Southw'n (d) _. 18 St L Sown pf (d) .. 37% Schanley Dist (+3)_ 93 Schenley D pf (63%4) 1% Schulte R Strs (d) .. 5315 Scott Paper (12)___ % Seaboard Afr L d). 2 Seaboard A L pf(d) 30' Seaboard O1] (1)___ 315 Seagrave Corp 59% Sears Roebuck (2) 14 Sears Rrts Jan 15... 15% Servel [nc (t1) . 20% Sharon Steel (11.20) 4% Sharpe & Dohme 43'% Sharp & D pf (3%) 11% Shattuck F G(t50c) 456 30% Sheaffer Pen (2) 28 14% Shell Un Oll (a25c). 127'5 102 Shel) Un Of) of 6% . 1413 8% Silver King (60c) 4872 19% Simmons Co (a3) 6% 31 Simms 1914 Skelly 11% 63 19% 54 Sloss-Sheftield 6574 Sloss-Sheff pf (7)__ 40% Smith (A O) 21 Snider Packing 12!5 Socony Vae Ofl a70¢ 3% So Am G & P(a3ve, 26 South Port 8 (12) 25 South Cal Edis(1';) 2315 Southern Pacific 123, Southern Raliway 19 Southern Ry pf 34 So Ry M&O ctfs (4) 6% Spalding (A G) 63% Spalding(AG)1st pt 101'4 SpangCh&Co pf $16 5% Sparks- \Withington 15% Sperry C'p vte (al) 13% Spicer Mfs (a3) __. 44 Spicer Mfg pf (3) 63 Spiegel-May 8 (5) . 21% Square D Co (al1%) 14% Stand Brands t80c. 914 Stand Com Tobacco 54 Stand Gas & E) (4) 914 Stand G&E 34 of (d) 24%, Stand G&E $6 pf(d) 26% Stand GEE 87 of (d 2 Stand Inv Corp.... % 35 Stand Oof Cal » 4 32% Stand Ofl of Mmd t1 51t Stand Ofi of N J (1 24% Starrett (LS) 1.140. 65 Sterling Prod t3.80 164 Stew Warner *50¢c Stokely Bros (a20c) 14% Stone & Web (aZsc) 944 Studenaker Corp 70 SunOil (t1) 27 Superheater (@95¢) 3 Superior U1l 9% Surerior Stee) 20% Swift & Co (t1. 10)_. 281 Swift Intl Ltd «2). 15 Symgton-Gould ww 124, Symingtn Gould xw 5% Tennessee Cop alic 287 Texas Corp'n (11) 4% Texas Gulf Pr (a5¢) 33 Tex Gulf Sul (12)__ 85 The lIr of (1)_-- 814 Thermold Co 3% Third Avenue . _. 8% Thomp'n (JR) t50c. 24% Thomp Prod (a1%) 47 Thompson Starrett. 26 Thompson Star pf_. % 14% Tide W Asso O 60c. 2 1005% Tide Wat A O pf(6) 12% Timken Detroit(t1) 56 Timken Roll B (12) 11 Transamerica t40c 14% Trans&Wn Air a25c 10% Transue&W (160c). T4 Tricontinental a50c. 4% Truax-Tra C(a25e) 74 Truscon Steel 2215 20th Cent Fox F a2, 31% 20tn Cent F pf 1% . 8% TwinCity RT..._ 2% Ulen & Co 74% Und-Ell-Fish(a! !fi) SBVD Union Bag&Pap (2) 71% Union Carb & C 3. 20% Union Oil Calif (1) 149% 108% Unton Pacific (6) 100 904 Union Pacifio pf (4) 31% 22% Unton Tank C 1.20... 32% 20% Unit Alrcraft a50c... 22 13 Utd Air L (a20¢) ... 37% 16'3 United Am Bosch... 24% United Biso (1.60) . 68 United Carbon (t3). 22% Unit-Carr Fast(12). 5% United Corp (a20c). 40% United Corp pf (3)_ 10% United Drug (a75c) “16 Unit Dyewood(1)... 4 United Elec Coal _ 32% Unit Eng & Fy (12). 66% United Fruit (13).. 19% 14% United Gas lmp (1) 113% 109 United G Imp pf (6) 13 6% Unit Paperboard (n; % 10 U8 Distributing pt lsol 13 US& For'n Secur . 91 US&ForSist (6) 24% U S Freight (t1)... 80% U S Gypsum (12)... 8% U 8 Hoftman 49 US Hoffman pf 3%. 31% U 8 Indus Alcohol.. 4% U 8 Leather vic 10% U 8 Leather A vtc 71 U S Leath pr pf $4. 21% U S Plpe & Fy(1%). 7% U8 Realty & Imp.. 16% U 8 Rubber - 47 U 8 Rubber 1st pf_. 72% U 8 Smelting (a10) 19% 46% U 8 Steel - 154% 115% U 8 Steel pf (7). 8% 5 United Stores (A). 92 57% Univ Leaf Tob (13) K 3% Utll Pwr & Lt (A)_. 2% 1 Vadsco Sales Corp 57 80 Vadsco SalesCopf 30% 16% Vanadium “orp . 49% 28% Van Raalte (ai%)_ 8% 4 Va-Car Chemical 58% 28% Va-Car Chem 6% bt my. 10’ Va El-& Pwr pf (6) ron Coal&Coke l ron C & C of lfllV. 114% Virginia Ry pf (6)- 14% lll)Vt IWV' 110% +2% 27 2% Bales— Dividend Rate. AMM]J. High. Low Close. CBI' 14% 25% 2% 8% 2% 14% — % 31% —-1% 26% - W 27% + % %+ W 2%h+ W 12 +1 26% + % 57% o FEE FF T F EEPTEVEE FIEF FL2IS55§F & FEUF+ LI+ 44 =% FINANCIAL. STOCKS SWEPT UP INBRISK TRADING Prices Gain Fractions to 5 or More Points on Wide Front. Stock Averages ln!lllt I-lll Jl.ll ks Net change. +.7 +3 +5 +8 Today, noon Ds'l 39.0 520 705 Prev. day-.. 950 38.7 51.5 69.9 Month ago... 966 39.5 51.8 71.0 Year ago... 748 319 459 569 1936-7 high. 99.3 435 1936-7 low.. 734 30.2 1935 high... 763 313 1935 IOW..... 49.5 1927 low..._ 51.6 953 61.8 618 (Complied by the Associated Preas) BY VICTOR EUBANK, Associatea Press Pinanc.ss Writer. NEW YORK, January 7.—Stocks surged upward fractions to 5 or more points in today's market apparently on revived hopes of an early settlement of the General Motors strike. It was one of the fastest sessions of the past several weeks, with frequent buying waves putting the ticker tape behind floor dealings. There was somc selling in the final hour, but this wa< readily absorbed and the leaders wer* near their best at the close. Transfers were around 3,100,000 shares. In addition to a little better out- look in the labor crisis, overnight study of the President’s message to Congress was said to have given some | reassurance to the financial sector, although most thought it was a reut- terance of views already expressed by the administration. ‘The report of “encouraging” prog- ress by Federal conciliators in their efforts to bring about negotiations be- tween the unions and officials of the + % + | + 15 +1% | + & +|‘-‘ o r owres eesFrsrrs 85 “Feis - Rt E e Rt T oy S A S S R £r ry + - + % 104 +1% 28t +1% 6214 +3 704 +1% | 3% 45+ 4 46% — % | ssu + %! +1 + % 18% + % 15% — 1y | 314 aw‘ 7o *1 4» s +2% + 5| +3 Vit +t+t4++4 PEEFFREREIE J# major automobile company helped buoy market sentiment, although it was realized many obstacles were still in the way of peace. Motor shares led from the start. They were quickly followed by the steels, rails, utilities and a wide as- sortment of specialties Farm imple- ments shot up 4 to 5 points or so on small turnovers. Outstanding in the forward thrust were shares of Chrysler, General Motors, U. S. Steel, Bethlehem, U. 8. Pipe & Foundry, Vanadium, Republic, Gulf States Steel, Yellow Truck, Nash, Santa Fe, N. Y. Central, Southera Pacific, Delaware & Hudson, Great Northern, Sears Roebuck, Mont- gomery Ward, Consolidated Edison, North American, American Power & Light, Standard Gas, Electric Power & Light, Public Service of N. J., Ken- necot’, Anaconda, American Smelting, Seaboard Oil, Amerada, Pure Oil, General Electric, Westinghouse, Du Pont, Goodyear. U. S. Rubber, Gen- eral Realty, U. §. Realty, Loew's Cone goleum, Mohawk Carpet, Pullman, American Locomotive, American To= bacco B, Deere, J. 1. Case and Oliver Farm. Miami in Lead With Per Capita Number of Cars By the Associated Press. NEW YORK, January 7.—Miami, Fla., with one motor vehicle for every 2.6 residents, leads the cities of the country in ratio of automobiles to population according to a survey ise | sued today by the Automobile Club of New York. Long Beach, Calif., is second with a vehicle for every 2.9 people, with Los Angeles third at a ratio of 3.2. New York has only one vehicle for each 121, but led the country in mile- | age of paved streets with 4,100 paved ! miles. In cities of more than 100,000 popu- | iation, the survey showed, there is one | vehicle for every 6.1 persons, as com- pared with one vehicle for every 4.86 i persons for the Nation as a whole, CHICAGO GRAIN By the Assoclated Press. CHICAGO, January 7.—Late jumps of prices today carried the Chicago wheat market up & maximum of 3% cents a bushel. Buoyancy of Winnipeg wheat quo- tations acted as a late stimulating in- fluence. Many previous speculative sellers here hastily reversed their market position. At the close wheat was 1l:al% above yesterday's fnish, May, 1.33%a 5%; July, 1.17%a com. lal¥% up: i July, new, ; oats, ’kll‘u advanced, and provisions, 12 to 20 cents higher. wH!AT— Open. mlh Low. _fl;\n. s 113 i o i = 4 & = 323 =3B 33 533 2524 333 o5 1 1 1 1 1 1 1 1 1. l1 3 1 1 1 1 55550 32333 i w3l IS e 23 i Sept SOY BEAN 2 3 & o5 Gain 232 an bin 232 3% F 832 B8R 2 332 33 [T ooy D93 meaa Cash wheat, No. 1 dark hard, 142 No. 1 -hard, 141 Corn, No. 4 mixed, 1.09 (mainly white); No. 3 yellow, 1.10a1.12; No. 4 yellow, 1.07a1.10%; No. 3 white, 1.11%al.12);; No. 4 white, 1.10a1.11. Oats, No 1 white, 57a57%; No 2 white, 55%a56%; No. 3 white, 55. Rye, No. 1, 1.25%. Soy beans, No. 3 yellow, 159%. Barley feed, 82-86, 70295 nominal; malting, 1.00a1 40 nominal. Timothy seed, 5.85 8610 hundredweight; new, 5.60a5.85 hundredweight; clover seed, 25.00s 32.00 hundredweight. nnum:—munn. BALTIM Yo, Ted: Winter Te? T Winnipes Prices. January 7 (P.—~Grain Prev. .s%. i “‘5“’ %% Tat h 1.23% 1.23% Tlinois Central Railroad—Company plans to spend $9,000,000 for new equipment; orders be placed promptly, it was said, for 3,120 freight and baggage units.