Evening Star Newspaper, January 14, 1937, Page 22

—22 kkkk FINANCIAL. "THE EVENING STAR, WASHINGTON, C, THURSDAY, JANUARY 14, 1937. WHITERE-FLECTED TRANSACTIONS ON.THE NEW YORK STOCK EXCH.ANGE RA|_|_Y|SS]A[;[|] 1o \ Stock and les— Net. 1036 Dividend Rate. moo. High, Low. Close. Chge. | High, Low. 40s 111 111 111 =1 FINANCIAL 3 ! l o By Private Wire uzefi - The Star. Stock and. Dividend Rate. Mfl 00, High. Low. Close. 844 407 Homestake (112). 2‘0! 404 404 Net -5 1038 Stock and Bales— High, Low. Dividend Rate. _4d14Q 162 118 Pac Tel & Teleg a7. 1936 Net High. “ow. High. Low. Close. Chge, 116% 107% Collins & Alk of (). Stock and Net 936 Low. BY METROPOLITAN - President and All Otier Offi- cers Renamed at Annual Meeting. BY EDWARD C. STONE. George W. White was re-elected president of the National Metropolitan Bank at the organization meeting of the director late yesterday and all - other officers were also unani- mously chosen to serve for another year. The other officers are: O. H. P. John- son, vice presi- dent; A. A. Hoeh- ling, vice presi- dent, general counsel and trust officer; C. F. Ja- cobsen, cashier; G. H. Bright, R. E. Briggs, C. L. Eckloff, F. E. Hil- Goerse W Whlte: jorbrand and H. F. Stokes, assistant cashiers; R. P. Hollingsworth, S. W. Burwell and H. A. Kertz, assistant trust officers, and F. V. N. Cook, auditor. Mr. White has been president of the National Metropolitan Bank since 1909, or 28 years. He first became connected with the institution in 1885 ‘when only a boy just graduated from Emerson Institute. From 1885 to 1904, almost two decades, he occupied many important positions in the bank, displaying financial ability which made his banking future assured. 59 Acme Steel (4) 9% A D (a5bc)_. 1% Adlml mms(n %). 114 Advance Rumley... 58 Alr Reduction (11). 2 Alr-Way Elec AppiL 13 Alaska Jun (160c)— 214 Alleg Corp (4)————. 12% Alleg pf w30w (d). 27 Alleg prof (d)- - % 267 Alleg Steel (al.65)— From 1904 to 1909 he was connected | 1 with the old Commercial National Bank as one of the organizers, cashier and later vice president, In January, 1909, Mr. White was requested to| yeturn to the Metropolitan, accepted | the offer and has been at the head of the Institution ever since. His bank- Ing ability and natural conservatism have been most vital factors in the Anstitution's splendid progress under | his guidance. Davis Again Heads Lincoln. At the organization meeting to- #ay of the directors of the Lincoln National Bank, Floyd E. Davis was re-elected president; Albert S. Gatley, executive vice president; James A. Boper, vice president and cashier; H. 'T. Offterdinger, vice president; George ¥. Williams, general counsel and trust officer; J. Frank Rice, assistant cashier and assistant trust officer; Robert E. Lee. Richard A. Norris, D. Hammond Wetzel and Edward H. Storey, as- eistant cashiers; Helena D. Reed, as- sistant trust officer; Nelson M. Stokes, assistant cashier and assistant branch manager: William M. Harris, auditor; ‘Melvin C. Hazen, secretary to the board, and W, W. Millan, associate gounsel. Washington Loan Election, At the organization meeting of the ‘Washington Loan & Trust Co., the directors re-elected Harry G. Meem, president; Arthur Peter, chairman eand general counsel; George M. Fisher, vice president and treasurer; William H. Baden, vice president and trust officer; Alfred H. Lawson, vice president and real estate officer; Charles H. Doing, vice president in charge of West End office; Ralph Endicott, Samuel R. Riggs, James M. Mason and George O. Schweinhaut, assistant treasurers; Leonard Mar- bury, Harry W. Gauss, Bernard L. Amiss and Vincent A. Sheehy, jir., essistant trust officers; Herbert W. Primm and Edward L. Brady, assist- ent real estate officers, and Norman ®. Towson, assistant treasurer in icharge of foreign and customers’ se- gurities department. At the same meeting the directors eclared a quarterly dividend of 2 per £ent payable February 1 to share- tholders of record January 21 and an extra dividend of the same amount. ‘The directors also ordered $100,000 garried from undivided profits to sur- plus, making the surplus item $2,- 900,000. , Bethesda Bank Staff Listed. Clarence Keiser, Oscar Larman and George A. Sacks were added to the poard of directors of the Bank of thesda, and the following members -elected: George P. Sacks, Dr. B. C. Perry, Bralnard W. Parker, S. Walter Bogley, Leslie B. Bell, Donal L. Cham- berlin, E. Taylor Chewning, Robert D. Hagner, G. Wady Imirie, Thomas ;{ampton. Ralph S. Morrison, Walter Perry, Ralph P. Sabine, Wash- ington Waters, J. Harry Welch and Frank Wilson. The board of directors elected the Kollowing officers: George P. Sacks, Ypresident; Dr. B. C. Perry, vice presi- dent; Brainard W. Parker, vice presi- dent: S. Walter Bogley, secretary and cashier, and W. Paul Stallsmith, as- sistant cashier and assistant secre- tary. Storage Directors Re-elected. Stockholders of the Federal Stor- @ge Co. have re-elected the following directors: Charles S. Baker, H. Ran- wolph Barbee, Daniel L. Borden, Han- #on E. Ely, jr.; Henry P. Erwin, D. P, Gaillard, James M. Johnston, Harold N. Marsh, Carroll Morgan, E. K. Morris, Charles G. Treat and Griffith Warfleld. The following officers were re- klected: E. K. Morris, president; Harold N. Marsh, first vice president and counsel; James M. Johnston, pecond vice president and treasurer; H. Randolph Barbee, secretary; Hen- derson S. Dunn, cashier; S. Webster Adams, superintendent; A. Russell Barbee and Marian Trumbull, assist- | #nt secretaries. Bank Auditors Meet Tonight. ‘The first meeting of the Auditors’ $ection of the District of Columbia Bankers’ Association this year will be ¢t a dinner in the Lafayette Hotel at 8 this evening. Plans will be dis- Pussed for the Eastern regional con- ference of the National Association of Pank Auditors and Controllers to be held early in the Spring. It is ex- ted that the selection of the con- ference city will be announced shortly. Presiding at the dinner tonight will be Millard S. Yeatman, auditor of the SHamilton National Bank and chair- gman of the section. Today's Trading on Exchange, Riggs National Bank common stock bpened at 350 and closed at 355 on the Washington Stock Exchange to- day, up 10 points from yesterday. Washington Railway & Electric preferred sold at 112, and Potomac Flectric Power 6 per cent preferred goved at 113!, and 1133;. Mergen- ghaler Linotype came out at 54%. In the bond division Capital Trac- tion 5s were in demand, changing hands at 94)2. Washington Gas 5s, 960, were strong at 125. Washington bankers were much pleased with the advance of 1-16 of 1 per cent in acceptance rates. While the advance is small, it indicates a &lightly better demand for money and may mean that the bottom has been seached and passed in low rates, "=~ 145% 64 36 63% 26% 190 10245 104 150 18 278 111, 708, 2 10 ™ 50 B5% 983 26% 111 43 T 50 1104 T 84 625 18% 29 131 4t 10t ™ 11% 94n 97y 2613 4l 49 115 157« 115 14 143 91 324 llh 157 Allted Chem « 23 Allied Mills (b50c) . 6% Allied Stores(b50c). 35% Allis-Chalm (11%). 199. Alph Port Cmt (1) Amal Leather. Amal Leath pf (3)-. Amerada Corp (2)- x Am Ag Ch (Del) a4 Am Bank Note (11). Am Brake Sh (12) . Am Brake S pf 6% - Am Can (14)._. Am Car & Fou 57% Am Car & Fdrv of_ 31 Am Chnln&Cab(u) 75 Am Coloriype. - 20% Am Comcl Al IIEOC) 16% Am( Sug (bi0c) 33 Am Encaustic. ... 9% Am European Sec... 6's Am & Forelgn Pwr. 26 Am & For Pw 36 pf. 29% Am & For Pw $7 pf. 12 Am & For Pw 2d pf. 13 Am Hawallan (1)_.. 4% Am Hide & Leather. 31 Am Hi Lof (3). 37 Am Home P (12.40). 24 Am Ice 16's Am Ice of (2) 9% Am Intrnat'l ( lOc) 28} Am Locomoutive Am Locom pf (a3) _. Am Mach&Fdy(t1) Am Mach & Met 60c. Am Metal _ — Am Metals p£(6)_ - '3 Am Power & Light. 36% Am Pwr&Lt pf (5)- 43 Am Pwr&Lt pf (6). 18% Am Radiator(t60¢c). 23% Am Roll M (11.20) 31 Am Saf Razor (12). 18 Am Seating(a2’).. Dividend Rate. Add W. High. Low. Close. Chge. 65% 64% 654% + % + % + W -2% + % -% + % + % +1 8% 33 6% 3919 4 +1 . 115% +1% 61 941 - % 25% Am Shipbldg (2) - x160s 56% Am Smelt&Ref (3)- 573 Am Snuft (13) - 133% Am Snuff pf (6)-__ 20%s Am Steel Fdry (al) 24% Am Stores (2) ceeee 48!¢ Am Sugar (2) 20% Am Sumatra 149'3 Am Tel & Teleg (9). 87 Am Tobacco (6).-— 8815 Am Tobacco B (6) 136 Am Tobacco pf (6)- 873 Am Type Founders. 19's Am Wat Wksadlc_. 7% Am Woolen 528 Am Woolen pf (a4). 3, Am Writ Paper (d). 4's Am Writ Pap pf (d) 32 Am Zinc & Lead__.. 24 Am Zinc & L pr pf_. 25 Anaconda Cop (11)- 35 Anaconda Wire 12-. 15!5 Anchor Cap (60¢) . 97 Anchor Cap pf(6%) 9 Andes Copper. - 3 AP W Paper_ 37 Archer-Dan-M ('2) 105'¢ Armour Del pf (7)-. 4% Armour (11linois) _ 66« Arm'r(Il1)pr pf (6). 471 Armstrong Ck 11%. Tl Arnold Const(b0c) 8% Artloom Corp - 12% Asso Dry Goods . 102 Assoc D G 1stpf(6). 98 Asso DG 2d pLbl 59 Atch To& S FeaZ . 90% Atch To&S Fe pf(5) 21% Atl CoastLine(al) .. 11 AtlG & W 1pf (a3). 1314 Atl GUIE&W1 p£(3) - 26% Atlantic Refin (11). 48 Atlas Powder (12)_. 112 Atlas Powder pf(5) 26% Auburn Auto_ 5% Austin Nichol; 4% Aviation Corp 213 Baldwin Loco (d) .- 2913 Baldwin Loco pf(d) 2% Baldwin Loasd(d)_ 157s Baltimore & Ohlo... 21 Baltimore & Oh pf_. 39 Bang & Aroos (234) 21 Barber Co (a75¢) - 131 Barker Brothers _ 82y, Barker Bros pf 310 1444 Barnsdall Oil (1)--. 16% Bayuk Cigars 176¢_. 18 Beatrice Cream(71) 13 Belding-Hem (1) _ 21% Bendix Aviat(ali) 20 Beneficial L (bdic. x 48 Best&Co (121) X 45% Bethlehem Stlal%. 1613 Beth St1 6% pf(1)_. 23 Bigelow-San (11) 18! Black & Decker 25¢ 1413 Blaw-Knox (a80¢).-. 167a BoelngrAirplane. __. 40% Bohn Alum&Br (3). 80!5 Pon Ami (A) (4 3y Bon Ami (B)b621zc. 25% Borden Co (1.60) - 64 Borg-Warner (4)-—. 6 Boston & Maine__ 114 Botany Min A (d) 12'a Bridgp't Brass 1400 43y Briggs Mfg (12) _ 40% Bklyn-Man Tr (4)_ 4'3 BKlyn & Queens 33Y% Bklyn&Queens pf a3 4413 Bkiyn Un Gas (3) 81 Brunawick-Balke. 87 Bucyrus-Erie. 107% Bucyrus-Erie pf(7) 94 Budd (EG) MIg. . 85 Budd (EG) Mfg pf. 8% Budd Wheel (a20c). 20% Bullard Co (a1%)-.. 11} Bulova Watch 25 Burr Ad Mch(t60¢). 2'% Bush Terminal (d). 8t Bush Term deb (d). 144 Bush T Bldgs pf(d) 7% Butler Bros (aé0c). 29% Butler Brespf13; . 23, Butte Cop & Z(ase), 16'a Byers (A M) - 54! Byers (A M) ot 22 Byron Jackson t1.. 30% California Pack (2) % Callahan Zinc-Lead 6 Calumet & Hec a750 30 Campbell Wy (11)_ 10% Canada Dry G &. - .. 54 Canada Southn (3)- 107 t'anadian Pacine . 37 Cannon Mills (a4) . 128 Cap Admin(A) (al) 45% Cap Adm pt A (3) 6% Carriers & Gen (30c 9213 Case (J 1) Co (4)__. 116 Case (J I) Cop (7) 54% Caterpillar Trac t2. 213, Celanese Corpal¥. 106 Celof Amprpf A 7. 19 Celotex Corp 54 Celotex Cpf (b13)- 25% Cent Aguire (Tllg) 6% Central Foundry Co 35 Central RRof NJ 224 Central Violeta Sus. 613 Century Kib Mills 97% Century R M pf (7). 473 Cerro de Pasco (4)_ 815 Certain-teed Prod__ 57t Certalin-teed pf (6). 19 Champ Pap & F (1) 111 101 Champ Paper pf(8) 100 % 34 8% 2% 14% 12 33% 2% 5% % 12% 24% 654 3 8 8 32% 30% 145 51 138% 23 89% 13% 4614 1% 471 0 T4 134 21% 59 Chesapeake Corp(3) 51 Ches & Ohlo (12.80) 1% Chi & East 11l (d)__ 27 Chi & East 1N pf(d) 1% Chi Grt West (d) 4 ChiGrt W of (4)_ 6 Chi Ind&Lou pf ( 25% Chi Mal1 Ord(11%). 1'3 Chi M1l St P&P (d). 2% Chi M St P&P pf (4) 2% Ch1 &NW (d). . 6% Chi & N W pf (d) . 24 Chi Pneumatic Tool 40% Chi Pne T pf (a3%). 1%a Chi R 1&Pac (d) 3% Chi RI1&P 6% pf 1d) 3% Chi R 1&P 7% of(d) 19% Cht Yellow Cab (2). 17% Chickash Cot Ofl... 7 ChildsCo-_ 25 Chile Copper (1)... 8514 Chrysler Corp(ai2). 15% City lce & Fuel (2)_ T27% City Ice&F 0t (6%) 4% City Stores ... - 23% Clark Equip(t1.60). 107% Clev Ei 1llu pf 4% 33 Clev Graph Br (2)_. 82 Clev & Pitts (3%) __ 48 Cluett Peabody (3). 84 Coca-Cola (t2) ... 13 Colgate P-P (150¢c)- 66% §39% Colilns & ALK 13.... » 17 1 208 17 14513 107% Am Steel Fy pf (7). 1208 6 *+idlV+111 ¢ 38 31 1 75 2 3 11 40 + 4 A+ T++4+1 o] 4 109% 109% —1% 87% 8% 67 67% + 3% 3+ FEERS FEFEF llfi% 121% +3% - % 86 86 - % 9% 93 36% 37Th + % 36% 2 1zsu 125 16 21 20% 20% — 84 5% 5T 58 +l‘ 48 36% 3% 36 28% 108% 103 45% 51% 136% 847 1% 28% Colo Fuel & Iron 21 Colo & Southern-_. 19% Colo & South 1st pf. 16 Colo & South 2d pf.. 14 Columb G & Ea40c. 9014 Col G & B pfA (6)_. 80% Co) G & E pf (8) 31 Colum Pict vto (11). 24 Colum Picevpf2%. 94 Colum Carb vtc(t4). 44 Comel Credit (14) 55 Com'l Invest T (14). 14% Come’l Solv (160c)— 2Y% Comw & Southern.. 59% Comw & Sou pf (3). 7 Conde Nast Pub. 307% Congoleum N 11.60. 15 ConnR& L pfame.—. 8 Consol C1gar—. 72% Con C pr pf ww 63 x 208 65% Consol Cigar pf (7). b 46% 45 208 24% 24% 208 30 29 208 28 28 200 20% 20 708 101 4 37% 36% 2 45% 454 2 120% 120% 14 67% 6T% 5% 18% % 5% T4'% 18% 4 744 13% 3% 22 % 27% Consol Ed N Y 2. 103 102 Consol K4 NY Bl’(‘) 4% 69 8219 170 158 Corn Prod R pf (7). T 50% 3T 35% 91t 8% 12% 473 58% 45 563 113% 177 14% 1041 76 20 15% 59% 72 6% 57 4% 4814 93 31% 18% 90 27% 92 55% 56 T4 10% 354 86k 31% | 116% 14% 4% 11% 55 18% 21% 41 150 135 80 “\ 42% > 184% 133 Du Pontde N 26.10_ 13615 129 186 156 Eastman Kod (15).. 105 32 125% 104 Hamilton W pf (6) 105% 100 Hanna (M A) pf (5) 126 Hercules Pdr pf (6). 4% Consol Film. _ ____ - 15% Consol Film pf (a2). 37 Consol Laundries. 11'3 Consol Oil (80¢) 5% ConsolR R Cuba pt. 3, Consol Textile (d)_ 2 Cons Coal (Del)vte. 12% Cons C (Del) pf vto. 15% Container Corp (t1) 10% Contl Baking (A).— 1% Contl Baking (B) _ 67% Contl Baking pf (8). 63% Cont'l Can (18)____. 17! Contl Dia Fibre(2). 35!3 Contl Insur (11.60. 21 Contl Motors 281 Contl O1l ( 25 Contl Steel Corp(1) 551 Corn Ex Bk&Tr (3). 2608 63% Corn Prod Ref (13). u -l’llh 1711. 12 17 6% 6 49% 49 36% 36% 27% 4 Coty INC.acen.. 24 Crane Co.. 356 Cream of Wh't (12), 15% Crosley Radioal . 43% Crown C’k&Seal (2). 44 CrownCk pf xw 2%, 7% Crown Zelleb’k vio.. 28 Crucible Steeloaoo. 1% Cuba Co.. 9 Cuba RR pfaceeca 6!4 Cuban-Am Sugar—_. 63'3 Cuban Am Sug pf_. 35's Cudahy Pkg (2%4)- 167s Curtis Publishing.. 99'5 Curtis Pub pf (7). 4 Curtiss Wright._.. 47 a 10% Curtiss-W (A) a50a 59 Cushmans pf (3%). 36'4 Cushman Sons pf__. 43% Cutler-Hammer t1. 7% Davega Stores (1) _. '« 107 Dayton P&L pf 4% 52 Deere & Co,. 27 Deere & Co Df(l 40) 36% Delaware & Hudson 1474 Del Lack & West___ 4% Den&Rio GW pt (d) 13 Det & Mackinac pf_ 42 Devoe & Rey (A) 13 304 Diamond Mich 11%. 18! Dist Corp Seag Ltd. 9314 Distillers C'p pf(5). 19 Dixle Vortex (1% 40 Dixie Vortex A 2} 41'; Dome Mines (12).— 7% Dominlon Store: 50% Douxlass Alrcraf: 13 Dresser Mfg(B) al. % Duluth SS Atl_ 1's Duluth S S & Atl pf 4% Dunhill Internatl . » o R RN NN R RO AT Du Pont deb (6) 55 Eastern Roll Mill: 2814 Eaton Mfg (12) 5% Elunmon-suud. 30% Elec Auto Lite 72.40 ll’v 110% Elec Auto L pf l'l) 10 Elec Boat (260¢) .. 5 KEl& Musindalse.. 64 Elec Pw & Lit_ 29'3 Elec Pw & Lt 36 Dt- 323, Elec Pw & Lt $7 pf_ 39% Elec Stor Bata2% . 13 Elk Horn Coal (d).. 1'3 Elk Horn C pf (d) - 223, El Paso Nat G(1.60) 53y Endicott-John (3).. 7'4 Eng Public Service. 48 EPS$5.50 ww $11_ 55 Eng PS$6pt(112). 5% Equit Off Bldg bloc. 1] EneRR ... _ 16 Erie RR 18t pfoae—. 11% Erfe R R 2d pt. 68 FErie & Pitts 2) 12 Eureka Vac C (30¢) 2314 Evans Product(t1)- 4% Exchange Buffet... 2% Falrbanks Co_ 815 Fairbanks Co pf___. 34% Fairb’ks-Morse(t1) 122'3 Fairbanks-M pf(6). 21% Fajardo Sugar (2).. 188, Federzl Lt & Trac_. 84 Fed Lt & Trof (6). 6974 Fed M&S pf (a1013) Th Fed Mot Tr 4ve. 3 Fed Screw Works 214 Fed Water Sve (A)_ 2013 Fed'd Dept S (2) Fedtd DScupf 4%. 38 Fidel Phoe F I 11.60 247 Firestone T & R (2) 1038 100% Firestone pt A (6) 40 First Nat Strs {2%- 305 Flintkote Co (1) 4615 Florence Stove a4y 37 Follansbee Bros (d) chine (1)_. d 106 Food Mach pf(4%). 241 Foster-Wheeler____ 95% Foster-Wheeler pt Francisco Sugar_ ... 2315 Freeport SulCo (1)~ 3115 Fuller Co2d of . 3% Gabriel Co (A)eeee 115 Gamewell Co.. 105'«‘ 100 Gannettev of (6) 15% Gar Wood Ind a55¢c_ 815 Gen Am Inv (a75c)- 97 Gen Am Invpf (6)_. 42% Gen Am Trans'tal3. 109. Gen Baking (160¢c)— 7 Gen Bron: 5% Gen Cabl 17 GenCable A 341 Gen Electric (11). 33% Gen Foods (2)__ 7 Gen Gas & Eleo (A) 14 GenG&E 6%cv DfA 53% Gen Motors (ad%). 123% 118 Gen Motors pf (5).. 5% Gen Outdoors AdV... 18% Gen Outdoor Adv A. 38 Gen Print Ink (ad). 314 Gen Pub Service___ 3215 Gen Ry Signal (1) 118% 106 Gen Ry Sig pf (6) = 2 Gen Reaity & Util 26% Gen Realty & 17 p: 3213 Gen Sti Casung pf .. 17 Gen Theatre E (a2). 13% Gillette Saf R (t1)-. 70 Gillette SR pf (6). x 6% Gimbel Bros. . 84 Gimbel Bros pf ( 391 Glidden Co (2) 52% Glidden cv nf(ll). 37 Gobel (Adolf)__. __. 6% Goebe! Brew (120¢). 13% Goodrich (BF) (a)) 74 - Goodrich (BF)pf(5) 21% Goodyear T & R 105% 100 Goody T&R cu pf 2 Graham-Paige 1% Granby Cons (new). 314 Grand Unlonctfs _ 16 Grand Unpf (al%). 241 Granite City 8tl (1), 2815 Grant(W T) (11.40). 32% Grt Northern pf—__. 16 Grt North'n Ore (1) 31 GrtWt'n Sug $2.40_ 22 Green (HL)(11.60)x 14% Greyhound (t80e).. 1% Guantanamo Sugar. 24 Guantanamo Sug pf 30s 9% Gulf Mobile & N___. 3 301 Gulf Mobile & N pf. 28% Gulf States Steel__. 6 Hall(WF)Printing. 14 Hamilton Wateh . 58% 16% 284 30% Harb-Walker (12).. 12 HatCorpof Am (A) 115 104 HatCprww (6%) 45 :AK 28 20 2107 106% 106% 99% 100 36% — 45% + 67% 120% 120% — + A+l & sk FPPEEES +1% + % 13% — 60 71 5% 594 114 5 + % + % ~1 106% 106% + % 104% 104% + % 5 102% 102 102% * % 12% Hecker Prod (60c).. 26% Hercules Mot (1) . 84 Hercules Powas% 34 37 35 2 164% 162 20s 131 131 58% Hershey Choc (13) - 2 65 304 Holland Fur (a1%). 9 Holland&Sens t50c.. 19% Bfll! Sugar (13)-- 36% 164% 131 38 13% 13% 13% + % +2 +6% + W 6415 6415 — 3 4 49% 49 9% - % 16 24% 24 24 — Y 23 39% 38K 38% —-2. 22% Houd-Her (B) t13% 54% Household Fin (4) . 66% House Fin pf(4.68). 6% Houston Ofl vte___. 48% Howe Sound (13)_.. 3% Hudson & Manhat.. 815 Hudson & Man pf__. 13% Hudson Motor Car.. 1 Hupp Motors._. 18% Illinots Central. ... 658 111 Cent Ise lines (4) 414 Indian Refin (a1) _. 25% Indu Rayon (11.68). 88% InlandSteel (13) 6% Inspiration Copper. 5 InsShMdecfsa20c_ 10% Inter Rap T vte (d). 2% Intercont]l Rubber.. 9% Interlake Iron____ 5% 27 Int Agricultural._. 47% 22% Int Agricu) prpf___ 194 160 Int Bus Mach (16).. 1055 56% Int Harvester 23 __ 160 148! Int Harv: of(7) 2% Int Hydro Eleo (A). 4% Int Mercantile Mar.. 10 sntl Mining (a%0c)— 43% Int Nickel (21.30) __ 3% Int Paper & Pw (A) 2% Int Paper & Pw (B). 1% Int Paper & Pw (C). 201 Int Paper /'t Pw nf__ 37 Intl Print Ink (t2).. 3% Int Ry Cent Amer.__ 3 Int Ry Cent Am vte 19% Int Rwy Cent A of._. 50 Intl Silver pf (ad) 11% Int Tel & Tel 10% Intersta DS (b2%). 15 Intertype Corp (1) 31% 24% Island Creek (2)___ 12614 121% Johns-Manv of (7) 133 76 Jones L 7% pfa3¥% 89'5 Kalamazoo S (11).. 13 Kans City Southern 19‘4 ans CS pf (al) _. Kauf'nn D S 11.60 Kayser J&Co(al%) Keith-Alby O $1274 . 9% Kelsey-H (A) allg_ Kelsey-H (B) al3%._ Kendall pf A (16) __ Kennecott (a1.70) . Kevstone S&W blicx 4 Kimberly Clark(1). Kinney (G R) Co Kinney (GR)pf(al % Kresgze Dept Str Kresge D S pf b2 Kresge (SS) (11)__ Kroger G&B(11.60) Laclede Gas (St L). Laclede Gas St L pt Lambert Co (2).._.. Lane Bryant__ Len Rub&Tire(50¢) x Leh Port Cmt (1%) Lehigh Valley Coal. + Lehigh Val Coal pf. Leh!gh Valley R R Lehman Corp (13)_. Libbey-Ow Gla3 . Libby. McN & Lal_ Life Saver (11.60) .. Ligg & Myers (14) .. Lizg&Mvers B (14). Lily Tulip Cup t1% Lima Locomotive . Link Belt (12) 4 Liquid Carb (2.60) . 3974 Houe ersh(A)2 2! 4 Long Bell Lum (A). Loose-Wiles (2)_ _ Lorillard (P) 11.20_ La Ol Ref pf (d) __ Loulsv GAEDTA 1% Louis & Nash (a6) _. Ludlum Steel (t1) Me Call Corp (12) . x McCrory Stores McGraw-Hill 12%¢. Mcintyre Porcu (2) McKeesp't TP (# McKesson & Rob McKess&Rob pf (3). McLellan St (b75e). McLellan Strs pf(6) Mack Trucks (+1)_. Macy (R H) (12)__ Madison Sq G t60¢ Magma Copper (a3) Manati Sugar (d).. Manat Sug pf (d)_ Mandell Bros (b1) Man El md gtd (d). Man Elev gtd (d) 5 Manhat Shirt (1) 214 Maracaibo Oil Ex; 815 Marine Midl'd t40c_ 613 Market St Ry pf___ 18% Market St Ry pr pf. 41 Marlin-Rock (12) _ 11's Marshall Field & Co 613 Martin Parry 44 Masonite Corp (11). 2715 Mathieson Alk(1%) Mathieson pf A (7). May Dept Str (13) Maytag Co (a50c) 6 14808 Jorp - ' Melville Shoe (15) .. Mengel Co. Mengel Co ot __. Mengel Co pf ctfs _ Merch&Min T 71.60. Mesta Mach (bide) - Miami Copper 5 Mid-Cont Pet al.15_ Mid'ld Stl Prod (12) Mid Stl 1st pf (8) _ Minn-Mon Ros (2) _. Minn Moline Pwr Minn-Moline pf(a3) Mission Corpla4se). ‘s Mo Kans & Texas .. Mo Kan & Tex pf A. Missour: Pacific(d). Mo Pactfic of (d)___ Mohawk Carp t1.20. Monsanto Chem t1_ « Montgom Ward(12) Mnt Wrd rts _Jan 29 Morris&Essex (3% ) Mother Lode a123%0 Motor Prod (12) _. Motor Wheel (1.60). Mullins Mf(B)as0c. Mullins Mfg pf (7). Munsingwear (13).. Murphy G C (12) __. Murray Corp (a50c) Nash Kelvinator(1) 20' NashvChat & St L. 1213 Natl Acme (a75¢) - 913 Nat Aviation (al).. 28% Nat Biscuit (1.60) _. 307 Nat B'd & Inval.ll. 2113 Nat Cash Reg (al).. 21 Nat Dairy Proal’._ ll2 107 Nat Dairy P pt B(7) 24% 10 Nat Dept Stores. . 333 25% Nat Dist Prod (12).x 377% 28 NatEn & Stpg (2).. ?G\Q 25% Nat Lead (150¢) . 1 Mal'ble&Stl a2. 9% Nat Pwr & Lt (60c) 7 Nat Ry Mex 1stpf_. %2 Nat Ry Mex 2d pf__ 57% Nat Steel (1213) 197 Nat Supply Co T4'4 Nat Supply pf a T% Nat Tea .10 Natom. 32 Neisner Bros (12)__ 41 Newberry(JJ)12.40. 104 Newb'ry (J J)pf(5). 9 Newp't Indusaélc.. 32% N Y Afrbrake a2% .. 27% NYCenual RR __. 17% N Y Chicago & St L. 36 N YChi&StLpt. 314 N Y Dock.___. 10% N Y Dock pf 150 119 N Y& Harlem (5)-- N Y Investors (d).. 50 311 40% 5% 174 21% 1815 110 1]" 65 614 5T = N - 88 ehnmatuniosawn o e B3 373 12"; Ryspf(d) ___. Shipbuilding ¢ Shipbuilding pt 83 N Y Steam pf (6)__. 931 N Y Steam 1st (7). 2% 1% Norfolk Southn (d). 1 810% 210 Norfolk & W (18)_. 14% 6% North Am Aviation. 138 23% North Am Co (t1).. 65 59 52% North AmCopf (3). 1 98 North Am Ed pf(6). 1 36% 23% Novrthern Pacific_.. 28 4l 2 Norwalk Tire&Rub. 94 82 19 Norwalk T&Rpf.. 340s 12% Ohto Oil (a60c) __ 24% Oliver Farm Equip.. 17 Omnibus Corp vtc._. 8 Oppenheim Collins. 24% Otis Elevator a75c... 12 Otis Stees 70 Otis Steel br pf..-— 13 Pac Am Fish (11)-- 314 Pacific Coast_—————. 8% Pacific Coast 18t 4% Pacific Coast 2d __. 30 Pacific Finan 11.80_ 30% Pac Gas & Elec (2). 44% Pac Lighting (3) .. 143 Pacific Milis (1. 4 i -34% 56 3415 22% 27% 125% 125 “wi 2215 43\ 28% 25'% 110 20% 1R 5% 134 V4441 + ++400 1++1 - % - % - 4% A -t 5% + W 44+ % 13‘.+h 993, 100 + % 2% 2% 16% 15% 33% 56 103% 29% 28% 3% 81% 18% 115% 21% 24 108 109% 109% 109% 2% 1272 272 272 H 15% — % 33% — % 56 - % 103% 10344 11% Pac West O (a6ic) . 67 Packard Mot(a45e). 1% Panhandle Pro& R. 1845 Panhandle P&R pf.. 40s 67 ParafineCo (t2)... 1 T4 Paramount Pict__.. 229 59 ParaPlclstpf(6). 4 8% Param'’t 2d pf afidc_. 43 17% Park & Tilford (2). 2%, Park Utah 40% Parke Davis (a1%). 4% Parmelee Transp't.. 6% Pat! 10% Patino Mines(160c). 14 Peerless Motor ___. 60 Penick & Ford (3)_ 69 Penney(J C) (a7%) 314 Penn Coal & Coke__. 4'% Penn Dixie Cement. 28% Penn Dixie CDf A _ 17 Penn Gl S'd cfsas0a 281 Penma Rallroad(a2) 30 Peoples Drug (11).. 38 Peoples Gas Chi 12% Pet C'p of Am a90c_. 104 Pfeifter Brew (1.20) 25% Phelps Dodge al1%.. 4515 Phila Co 6% pf (3). 81 Phila Co pt (6) new. 3% Phila Rap Tr (d)__. 40s 8'4 Phila Rap Tr pf (d) 90s 1% Phila& Read C& 1. 21 7% Phillips Jones ____. & 38' Phillips Pet (a2%). 36 8 PlerceOflpt _____. 2 114 Plerce Petroleum.. 24 28'4 Pilisbury Fl (1.60). 3 49% Pirelli Co A (a3.13). 90s 7'a Pitts Coal.. 2 3514 Pitts Coal p 3 Tl Pitts Screw a52% 53 234 Pittsburgh Steel Co. 3 49 PittsSteeipf______ 110s 1% Pitts Term Coal. 1 2% Pitts United Corp_. 63 5814 Pitts United Cpf._. 20s 21 Pitts& W V& 40s 134 Pittston Co_ 3 11% Plymouth Of 31 12 Poor&Co(B).____. 12 4% Porto R Am Tob A_. 1% Porto R Am Tob B_. 6% Postal Tel&C p? (d) 175 Pressed Steel Car 178, Press Stl 1st pf 25c. 5715 Press Stl 2d pf 234 40% Proctor & Gam (72) 12214 115% Proc & Gam pf (5) 5013 39 PubSve N J (12.40). 114 112 Pub Svc E&G pf(5). 6974 367% Pullman Inc (1%)-. 24% 16 Pure Ofl_ 118 911 Pure Ol 1332103 Pure O1]1 8% pf_ 20'; 9% Purity Bak (f40c 19% 16'% Quaker Sta Ref 80c. 14% 9% Radio Corp. 6813 Radlo Corp p! 5 Radlo-Kelth-Or (d) 11 RRSeclliCent __. 2874 Raybestos-M 11% 35'4 Reading (2).. 1% Reis (Robt) 12'a Reliable Strsasoe 17!3 Rem Rand (160c) _ 81 RmRnd pf ww 4 44 Reo Motor Car 1672 Republic Steel 77 Repub Steel pfail2 T84 Rep Stl prpf A (6). 10 vere Copper = 92 Revere C&Bpf5Y% 2215 Reynolds Met (t1) 25 Reynolds Spring 1. 50 Reynolds Tob B (3) 32 Roan Ante (11.12)_. 27 Safeway Stores(12) 96 Safeway Strs pf(5). 22 StJoseph Ld (al).. 1'3 St L-San Fran (d) .. 2 St L-San Fr pf (a)_. T St L Southw’n (d)_. 11 Savage Armsal) .. 37% Schenley Dist (13)_ 93 Scuenley D pf (5%) 1% Schulte R Strs (d) .. 7% Schulte R S pf (d). 2 53! Scott Paper (12)___ 14508 7 Seaboard Air L (d). 26 2 Seaboard A L pf(d) 11 3014 Seaboard Ofl (1) 11 313 Seagrave Corp.- 59% Sears Roebuck ( 155 Servel Inc (t1) 203, Sharon Steel (11.20) 89 Sharon Stl H pf (5) 4% Sharpe & Dohme _ 11'5 Shattuck F G(t50¢c) 30'¢ Sheaffer Pen (2) 143, Shell Un Ofl (a25c). 127)3 102 Shell Un OLl pf 6% _ 14'; &3 Stiver King (60c)__ 487 193 Simmons Co (a3).. 6% 33 Simms Petrol_..... 19'3 Skelly O11 . . 12 97% Skelly Oil pf (6) 1 54 Sloss-Shefheld Stl. 657 Sloss-Sheff pf (7). 2 21 Snider Packing 12'5 Socony Vac Olla70c 373 So Am G & P(a30c) 26 South Port S (12) 25 So Cal Edis (11%) 23'; Southern Pacific _. 123, Southern Rallway. 19 Southern Ry pf_ 34 So Ry M&O ctfs 6% Spalding (AG) . 2 101’z Spang C C pf (a16). 508 5% Sparks- Withington 37 » Spear & Co (a50¢) - 3 2 Spencer Kell (1.60). 2 33y perry C'p vte (al). 49 231 7 31 42 23% piegel Inc pf (6 1008 108 43% 21% Square D (B) al 1 4415 181y 14% Stand Brands t80c. 49 129 1207 Stand Brands pf(7) 13% 9'; Stand Com Tobacco 9'a bla Stand Gas & Ei (4) 9'3 Stand G&E $4 pf (d) 24% Stand G&E $6 pf(d) 26% Stand G&E $7 pf (d) 2 Stand Inv Corp.___. 35 Stand Oof Cal (11). 32% Stand Ofl of Mmd t1_ 25 Stand Oil of Kanal 51t Stand Oll of NJ (11 65 Sterling Prod 13.80. 16'% Stew-Warner t50c 145 Stome & Web (a25¢) 9ta Studebaker Corp 70 SunOfl (t1).. 118 Sun Ofl pf (6) 27 Superheater (a%c) 3 Superior Ol 9% Superior Steel 23 Sutherind Pap 11.60 6% Sweets Coof Am 20% Swift & Co (11.20)_. 28Y% Swift Intl Ltd «2)_ 15 Symgton-Gould ww. 12% Symingtn Gould xw Taleott (J) (blde) _ 6% Telautograph (60c) x 5% Tennessee Cop alsc 287 Texas Corp'n (11)_ u. Texas Gulf Pr (abe) Tex Gulf Sul (12) .u, Tex Pac C & O a25c. 9% Texas PL T (allc). 33% Thatcher Mfg (1)~ 8% The Fair_ 85 The Fair pf (7)-. 815 Thermoid Co.. 3% Third Avenue .. 1. Thomp'n (JR) t50 -24% Thomp Prod (al%). “s Thompson Starrett. 39% 26 Thompson Star pf. 21% 14% Tide W Ass0 O 80« 10615 1005 Tide Wat A O pf(6) 27% 12 Timken Detroit(t1) 56 Timken Roll B (12) 11 Transamerica t40c x 147% Trans&Wn Airalic 10% Transue&W-(160c). 714 Tricontinental a50c. 4% Truax-Tra C(a25c). 2214 20th Cent Fox F a2. 31% 20th Cent F pf 1% .. 8% TwinCity R T 65% Twin C n T pL(ald). 2% Ulen & 4% Und-bll-l‘lln(lm) 38% Union Bag&Pap (2) 105% 71% Union Carb & C 3.20 28% 20% Union O1l Calif (1) 149% 108 Unton Pacific (6 100 90% Union Pacific pf 31% 22% Unton Tank C 1.20 32% 20% Unit Alrcraft a50c. 22 13 Utd Alr L (a20¢c) 33% 243% United Bisc (1.60) 963% 68 United Carbon (13). 35% 22% Unit-Carr Fast(12). 9% 5% United Corp (a20c). 48% 40% United Corp pf (3)_ 161 10% United Drug (a75c) 29% 15 Unit Dyewood(1)... 8% 4 United Elec Coal 87 66l% United Fruit (13)__ 19% 14% United Gas tmp (1) 113% 109 United G Imp pf (5) 13% 6% United Paperboard 3 264 7 - » MR RNNA- S ONNND 60n 1 16 58 208 1908 109 8% 102% 70 b8 10s 150'5 150% 160'% 25! 158% 24 108, 24'% 1% + % 3%, GR 9% — % 24% + % 1724 +1% -4% +2% ‘,, L+t BESE EK &} 1004 37 a4 % % LS — ; Sl 10014 13215 3 +2 +11 a —1 +1a b % W % % ) % 1644 113% % (Continued on Page A-23.) + 1%} BY AUTO SHARES Farm Implements, Special- ties Also Advance—Other Groups Lag. Stock Averages Net Change ‘& 1 —1 13 Today, noon 97.5 40.0 539 721 Prev. day... 97.1 399 540 719 Month ago.. 959 386 514 703 Year ago._. 75.6 324 472 577 '36-37 high. 99.3 435 540 7238 1936-7 low.. 734 30.2 434 557 1935 high__. 76.3 312 44.7 56.1 1935 low.. 495 185 216 348 1932 low.... 175 8.7 239 169 146.9 153.9 184.3 157.7 . 516 953 618 618 (Compiled by the Assoclated Press.) BY VICTOR EUBANK, Associated Press Financial Writer, NEW YORK, January 14.—Motors, farm implements and specialties | surged forward 1 to around 5 points |in today's stock market, but many ‘uther issues backed away from the ‘There was an assortment of new re- covery peaks established on the move, | which was initiated by renewed hopes the conference between General Mo- tors officials and union representatives | would bring a quick settlement of the strike. Extremely fast trading flurries punctuated the session, but there were slow intervals. Transfers approxi- mated 3,200,000 shares. Coppers had a brief lively moment when one producer boosted the do- mestic price of the red metal 13 cent to 13 cents a pound, the best level since 1930. Other copper interests were a bit hesitant to follow as foreign | output restrictions were temporarily abandoned. Agriculture machinery issues enjoyed one of their occasional sharp upward swings, which brokers attributed part- ly to a “thin” market for this depart- ment, although business prospects were | said to be bright for the manufactur- ers. Stocks selling under $20 a share were the most active of the day, with utilities prominent. The latter, though, were inclined to slip fractionally. In- ternational Paper & Power issues were an exception, posting substantial ade vances. Sugars were in supply and the | merchandising division pointed lower, | Carriers were about even on average. Conspicuous gainers were Chrysler, General Motors, Hudson. Studebaker, Packard, Yellow Truck, Electric Auto= Lite, M s Mfg. Kelsey-Haves, Stewart-Warner, Murray Corp., Hayes Body, J. 1. Case, International Hare vester, Deere, Oliver Farm and Amerfe can Can. NEW YORK COTTON Bs.the Associated Press. NEW YORK, January 14.—Cotton failed to break out of its rut today. March liquidation was absorbed by | trade buying. A large part of the business was represented by exchang- | ing from nearby to later months. Reports of heavy December domes- tic consumption aided sentiment, but failed to attract fresh outside buying March fluctuated between 1244 and 1248 and in midafternoon was selling At 12.45 with prices generally 1 point " net lower to 4 high | Cottonseed Oil. Bleachable cottonseed oil | closed barely steady. March, 11.55; May, Sales, futures January, 11.55b; 11.66: July, 11.71, 156 contracts. b—Bid. Liverpool Quotations. o 5: striet strict_low ing. BAS: strict :noa oréinary, 3 K& January | & 031 Oc- rdinar closed >: May. Decembe: i0: July, 6.82; .40, New Orleans Prices. / ORLEANS. Januarv 14 (™ ity Consumntion report {rom d the cotton ing rat to- “hominal advances points hiher at 1241 and 1.15b: May, —Bid, CHICAGO GRAIN Bv the Associated Press. CHICAGO. January 14—Corn | climbed 11, cents today to new peaks unequaled for yvears, but then reacted | because of profit-taking sales and | wheat market downturns. Reports which indicated settlement | of the marine strike tended to ine crease corn selling at the last. Besides, the number of cattle on feed in corn i icate o officially reported as 23 per cent smaller than a year ago At the close corn was !5 lower to % ‘ higher compared with yesterday's fin- ish: May, new, 1.117:-1.12; July, new, 1.07'(-35; wheat, down; May, 1.337.-1.34; July, 1.15%,-74; oats, 15 off | to 1; up, and provisions unchanged to | 12 cents decline WHEAT— Open | July | Juiy. September 353 RRRRE Market. Cash wheat—No. 2 hard, 142!3; No. 3 hard, 141. Corn—No. 5 mixed, 11.07; No. 3 yellow, 1.13a1.14!2; No. 4 | yellow, 1.08a1.11; No. 4 white, 1.13'2 al.14; No. 5 white, 1.09a1.09'2. Oats —No. 1 white, 573,259 ; No. 3 white, 57'2a59%;, the latter outside weight. Soy beans—No. 2 yellow, 1.62%,. Bare ley feed, 80al.00 nominal: malting, 1.00a142 nominal. Timothy seed, 6.00a6.25 hundredweight: new, 5.75& 6.00 hundredweight. Clover seed, 26.00a33.00 hundredweight. WINNIPEG, range today WHEAT— January