Evening Star Newspaper, March 25, 1937, Page 22

FINANCTAL. A—22 exxx D.C. BANK STOCKS STAY NEAR PEAKS Riggs National Is Highest Priced With 26-Point Gain in 1937. BY EDWARD C. STONE. Bank stocks are now selling on the ‘Washington Stock Exchange close to the highest marks of the present year and of 1936. For many months they have been forging ahead, most of the transfers being at higher prices than the last previous sales. Riggs National Bank common is the highest priced bank issue listed on the Washington Exchange. The stock has gained 26 points this year, the 1987 low being 330 and the high, made a few days ago, 356. Riggs National preferred is selling at 101l2 against a low for the year of 101. The last sale in American Security & Trust Co. stock was made at 302, against first sales this year at 290. Washington Loan & Trust Co. stock sold the other day at 290, after selling as high as 300 a share this year. The last sale in National Bank of Wash- Ington stock was recorded at 135. Other bank stocks on the ex- change have not registered many Tecent sales although bid and asked quotations have been strong. The last sale of National Capital Bank stock was made at 129%2. Strangely, the last sale on the exchange in Liberty National Bank stock was at the exact same figure, 139'2. National Savings & Trust has also sold at 1391 this year. The last bid for Lincoln Na- tional stock was 200 and for Bank of Commerce & Savings 200. The bid for Bgnk of Bethesda is now 34 and Prince Georges Bank & Trust Co. 18, with 21 asked. Much strength has also been dis- played by bank stocks which are not listed on the exchange but are sold over the counter. Latest quotations by Johnston, Lemon & Co. show bids of 125 for Anacostia Bank Stock, 1412 for East Washington Savings, 36 for Hamilton National, 240 for National Metropolitan, with 280 asked; 105 for Becurity Savings & Commercial and 105 for Union Trust Co. stock. Sales Manager Advanced. Thomas J. Watson, president of International Business Machines Corp., today announced the promotion of L. Howell La Motte, divisional manager, to take full charge of all the com- pany’s business with the Federal Gov- ernment n all parts of the United States. He will also have general charge of all business with State, county and city governments, and will co-operate in handling foreign gov- ernment accounts. He will serve as liaison representative between all divi- sions of the corporation and the Gov- ernment, and will have the final authority on all contracts with the Governmem the announcement stated. La Motte will make his head- quaners in Washington. The new position, it was stated, is one of the most important in scope and re- sponsibility ever intrusted by the com- pany to an individual. The company has maintained a Washington office for many years. Pierce Lauds S. E. C. Work. E. A. Pierce, head of E. A. Pierce & €o., New York Stoci Exchange firm, says that after two years of regulation of the stock markets by the Securi- ties and Exchange Commission, he is convinced that the securities and ex- change act has been a good thing for the brokerage business. Mr. Pierce was from the first in fa- wor of regulation, spent many weeks in Washington when the bill was under discussion, and gave full co-operation to those in charge of formulation of the securities and exchanges bill. “Wall Street has been worried ever since thg Stock Exchange regulatory bill became an act about the allegedly baleful effects of it,” said Mr. Pierce. “So far as I can see, none of the things that were predicted in the way of harmfulness to legitimate commis- sion business have eventuated.” Fahay Stresses Reserves. The Federal Home Loan Bank Sys- tem was compared to the mortgage banks of European countries by John H. Fahay, chairman of the Federal Home Loan Bank Beard, in an address in New York. Mr. Fahay asserted that %t is just as important to have ade- quate reserve facilities in the mortgage finance field as to have a Federal Reserve System in the commercial bank field. ‘While the mortgage bank systems abroad are not identical with the Fed- eral Home Loan Bank System, “they Incorporate substantially similar prin- ciples,” he said. “If the Federal Home Loan Bank Bystem had been established 25 years ego and attained its present strength, we would not have encountered the grave troubles which developed in the urban mortgage field beginning in 1930 and culminating in the necessity for the Federal Government to step into the breech and organize the Home Owners Loan Corp.,” he de- clared. Exchanges Close Tomorrow. ‘The Board of Governors of the ‘Washington Stock Exchange announc- ed today that the exchange would be closed tomorrow, Good Friday. The New York Stock Exchange and many other big exchanges will also be closed. Washington banks will be open as usual. President R. E. Wood announced in his annual report that employes of Bears, Roebuck & Co., either directly or through the employes savings and profit-sharing pension fund, own near- ly one-sixth of the capiul stock ‘of the company. Of the total issue of $,576,478 shares, 9.2 per cent is in ¢he fund and 6,115 employes directly own '359,343 shares, or 6.56 per cent, he said. Loans to banks and trust companies have been 91 per cent repaid, according to the monthly report of the Recon- struction Finance Corp. These loaus represented advances made to 7,489 banks and trust companies. The dis- pursements totaled $1,977,470,527. The emount paid at the close of February totaled $1,791,654,277. Heard in Financial District. ‘Members of the District of Columbia Life Underwriters Association went to the movies this noon. At the March Juncheon at the Willard Hotel 8 mo- tion picture bearing on insurance salesmanship was presented as the program feature instead of a guest speaker. There was a large attend- Aance, Orval W. Adams, first vice president of the American Bankers Association, will be the principal speaker at the New Jersey Bankers Association gn- nual conventian at the Hotel Tray- more, Atlantic City, May 20-22. Maj. L. B. Angas also will speak. Bids will be received by Charles- ton, 8. C., April 15, on $1,000,000 water works bonds carrying a 3 per oent coupon. The issue will be dated April 1, 1987, and will mature from 1938 to 1987, A Vs By Private Wire Direct to The Star. 3 l5 D m. Prev 1937 Stock and Net High.Low. _ Dividend Rate. Aidoo, Hign, Low. Close, chae. 55 51 AbbottLab (11.60)- 1 61 51 80% 63% Acme Steel (4) . 2 76‘& 76 6% +1% 22% 15 Adams Exp (abbc).. 4 20% 20% 20% + % 36 31% Addressograph (1). 1 82% 321 82% + % 80Y 7215 Air Reduction (t1)_. 4 73% 72% T2% — % 5% 3% Air-Way Electric 2 3% 3% 3% 15% 14% Alaska Jun (160c) 3 14% 14% 14% 5% 874 Alleghany Corp-... 22 4% 4% 44 59% 4315 Alleg pf ww $30_ 8 521 bl 52U +1% 5813 43 Alleghany pf xw. 161 51 b1 —d% 5214 413 Alleg Corpprpf._.. 2 45% 45 45 45% 3613 Alleg Steel (b40c)_. 80 44% 43 43% + % 25815 225 Allied Chem (6). 5 244% 243 243 —1% 331 261 Allied Mills (b50 2 27 26% 26% — % 21% 164 Allled Stores (b20c) 24 19 18% 18% + % 8312 63% Allis-Chalm (b50c). 20 68% 67 67 — % 8% 4% AmalLeather ____. 8 T% 1% T4—% 524 34% Amal Leath pf (3) 1 456 45 45 1147% 101 Amerada Corp (2).. 1106 106 106 ~—1 101s 83 AmAgChmDelbl_. 1 9215 921 92% +1 41% 29% Am Bank Note (t1)_ 12 80 281 281 —1% 754 61% Am Bk Note pf (3)_. 1008 62 624 62% 80% 62% Am Brake Sh (12)__ 40 631 62% 63 + % 15 1% AmBraShrtsApls 4 1% 1% 1% 160 128 Am Brake Shpf5%. 50s 125% 125 125% —2% 121 105% AmCan (t4) __ ___ 10 109% 107% 107% — % 71 56 AmCar& Foundry_ 8 62% 61 61 —1 90% 72 AmChain&Cabl__ 8 8 82 84 +24 1347116 AmChain&Cpf5.. 2125 124% 125 -3 23% 13% Am Colortype 1821 19% 20% +1 29% 26% Am Comel Al a50c_. 2 28 27% 28 + % 994 96% AmCrysS1stpf6_. 40s 98 98 98 +1 13% 84 Am Encaustic 5 12% 12 12 — % 18% 7% Am & Forelgn Pwr_. 45 11% 10% 10% — % 5874 49 Am&ForPw$6pf. 4 50 49% 49% 68'% 57 Am&ForPw$7pf. 2 57 b56% b6% — 3 381y 20% Am& For Pw2dpf. 3 30% 28% 28% —1% 21 18 AmHawaiian (1)__. 2 19% 19 19% 11% 6% Am Hide & Leather_ 16 104 9% 9% — % 3 2 AmHide & Lpf (3). 2 49 49 49 —1% : AmIce . _ 6 4% 4% 4% 27% 174 Am Ice pf (2)_ 2 26% 25 ° 26 + % 17% 13% Am Interntl (a40c)_ 3 16% 16% 16% + % 58% 43 Am Locomotive_ 13 B4 53 B3 — 3 125 114 Am Loco pf (a3) 4 115% 114% 114% — % 29% 22% Am Mach&F (t1)_. 8 261 264 26% + 1% 13% 114 Am Mach & Met 60c. 4 11% 11% 11% + % 68% 50% Am Metals 6 64 63% 64 +1% 1612 117% Am Power & Ligh 14 18 12% 12% + % 721y 55% Am Pw & Ltpf (5)_. 2 b6% 4 b6% 87 664 AmPw&Ltpf (6)_. 1 L 292 24% Am Radiator t60c__ 35 % 45% 3314 Am Roll Mill 11.20__ 97 41% 40% 40% — % 36 31 AmSaftyRaz (12)_. 2 314 381k 31% 29 2314 Am Seating (a2}4)_. 2 251 25 25l + % 58 41 AmShipbldg (2)___ 1108 556 53 53 —1% 105% 88% Am Smelt & Ref(3). : 8% 315 Am Smit rts Mar 31. 154 143 AmSm & Ref pf(7). 6714 60 Am Snuff (13) 73% 57% Am Steel F (b50c 2614 21% Am Stores (2)_ 5674 48 Am Sugar (2)_ 187 168'% Am Tel & Tel (9) 99 7815 Am Tobacco (5). 99% 80% Am Tobacco B (5) 15014 1281 Am Tobacco pf (6)_. 201 16% Am Type Founders_ 2915 227 Am Water W (80c)- 14% 9% Am Woolen__ ___ 79 64 Am Woolen pf (b1)- 1 Am Writ Paper (d)_ 5% Am Writ Pap pf (d) 6% Am Zinc & Lead 44, Am Zinc & L pr pf__ 521 Anaconda Cop (1)~ 18 Anchor Cap (60c) . 7' 29 Andes Copper __ 46 41 Archer-Dan-M(12). 135 Armour (111) blsc_ 9915 fil‘( Armour(I11)pr DIG 3 702 59'; Armstrong Cork(2) 2 4 16% 14 Arnold Cnst b623c_ 2 4% 15 14% 17% 13'2 Artloom Corp 4 14 14 97% 95 Artloom pf (a7)_ 10s 97 97 24% 19'%x Assoc Dry Goods 4 21 20% 49% Asso Invest (12) 4 50 50 + 6913 Atch T & S Fe(a2) 14 81% B0 B0% — % 104 100% Atch T & S F pf(5) - 2 100% 100% 100% — % | 5512 44 Atl Coast Line(al)_ 5 b1 50 50 — 1% 37 30% Atl Refining (11)_. 23 33% 33% 33% — % 1812 163 Atlas Corp (80c) 12 17% 1T% 17% — % 52% 50'3 Atlas Corp pf (3)_. 2 51% 51% b51% + % 133 125 Atlas Pwdr pf (5 10s 126 126 126 +1 36% 28% Auburn Auto 1 29% 29% 29% + % 91z Ty AustinNichols ___. 21 9 T 84 + % 52 39% Austin Nichols pf A 270s 52!z 484 50 =2 9% 6% AviationCorpDel__ 10 8% 8% 8% + % 11% 8 Baldwin Loco (d)-. g8 9 8% 8% 9% 7% Baldwin asd (d) 120 88% Baldwin pf asd(d) 40'; 20% Baltimore & Ohio 47% 33% Baltimore & Oh pf. 43% 35% Barber Co (a75c).. 351 26'% Barnsdall (1) _____. 20% 16% Bayuk Cigar t75c._. 28% 25 Beatrice Cream t1 15% 13 Belding Hemin (1).. 3 4 18 30%2 25 Bendix Avia(b25c).. 10 25% 254 254 — % 23% 20% Beneficlal L b45c_. 1 20% 20% 20% — % 62% 56 Best& Co (12%) 1 56% 56% 56% 105%s 73 Bethlehem (al¥ 71 9% .5% 954 — % 20 18% Beth 5% pf (1) 3 19% 19% 19% 129' 120% Bethlehem pf (7). 2 123% 123 123 +2% 38 30 Black & Deck b50c. 3 321 31% 32 +1u 297 22% Blaw Knox (b20c)_. 28 28l 2% 28% + % 942 90 Blumenthal pf(a21). 10s 93 93 93 +3 49% 33% Boeing Airplane _ 8 44% 43 43 —1% 48’ 41 Bohn Alum & B(3) 2 43% 43% 43% + % 85Y% Bon Ami A (4) 20s 89% 89 893 +2% 26% Borden Co (1.6 12 27 26% 26% — W 214 Borg-Warner (4)_ 14 80% T9% TI% — M 814 Boston & Maine_ 7 4% 14 14 — % 3% Botany Mines A (d)- 1 3% 3% 3% 16% Bridgept Brss(60c. 7 19% 19% 19% — % 45Y% Briggs Mfg (12) 28 51 50% 50% +1 40 Bklyn-Man Tr (4) 3 423, 424 42% 974 Bklyn-Man T pf(6)- 197 8% oy =k 6'x Bklyn & Queens __ 2 6% 64 6u— % 40 Bklyn Un Gas (3) .. T 40% 40% 40 —1 20% Brunswick-Balke. 4 21% 21% 21% + % 5 19, Bucyrus-Erie_ 42 21% 20% 20% — % 117% 110 Bucyrus-E pf ( 10s 113 118 113 — % 14% 11% Budd (EG) Mfg 24 12% 12 12% + % 13 915 Budd Wheel (a20c 7 10% 10% 10% 45% 34% Bullard (b25c¢) .- 2 39% 39% 3% — %5 654 51 Bulova Watch (t4). 11 544 52% 52% —11s 35% 31 Burr Add M (80c)._.. 6 32% 31% 314 — U 11% 7% Bush Terminal (d)-. 1 8% 8% 8% — % 39 27 Bush Termdeb (d)_ 2 29% 29% 29% — W 184 131 Butler Bros (b15c).. 13 16% 16% 16% — % 36% 29% Butler pf (1%)_ 9 33% 33% 33U + % 9% 5% Butte Cop & Z(a! 5 % T S 33% 27 Byers (AM)__ 15 29% 28% 28% — % 91 81 Byers (AM)p: . 30s 82% B8l% 8l — W 34% 27 Byron JM‘.kso’n (tl) 10 32% 32 32U + U 48Y 39% Calif Packing (2) - 14 40% 40 40 + % 6% 2% Callahan Zinc-Lead. 113 4% 4% 4% + % 201% 15 Calumet&Hecla (1). 24 16% 16% 16% — % 37% 30% Campbell Wy (11)_. 3 32% 31% 32 + % 38Y% 27% Canada Dry G Ale. 91 35% 33% 34% — 12 17% 14 Canadian Pacific. 40 15 14% 4% + % 87 7 Carriers & Gen(b5c) 3 8 8 8 17615 138 Case(J I)Co (4)._ 3 164 153 153 —1% 129% 116 Case(J I)Co pf(7) 20s 118 117 118 +2 100 85% Caterpillar Tr (2)- 8 9% % 9N -1 36% 26% Celanese (b75¢)._.- 19 33% 324 32% — % 48Y 36 Celotex Corp ... 2 43% 43 43 8212 76 Celotex Corp DK(S). 108 77% 7% 7% +1% 39% 33% Cent Aguire (11%3)_ 2 33% 33%u 33 — % 12% 8% Central Foundry . 16 11 10% 10% 107% 101 Cent 111 Lt pf(43%).. 30s 102% 102 102% + % 41% 35% Central RROfNJ_. 2 87 36 8 -1 24% 17 Cent Violeta Sug.. 2 18 18 18 + % 14'¢ 10% Century R M bl0c. 3 13 13 13 -1 86% 671 Cerro de Pasco (4)_. 13 80% 179 79% + % 235% 16% Certain-teed Prd__. 18 18% 18% 18% + % 82 677 Certain-teed pf (6)- 130s 74 73 T34 + % 57 35% Champ Paper (1)__. 27 B8% b7 57% +14 90% 80 Chesapeake Crp(3)- 4 80 9% T9% — % 68% 59 Ches & Ohio 12.80__. 64 60% b8% 584 —1% 100 98 Ches&OhpfA (4)- 297 097 ST —T 4% 2% Chi & East Il (d) .. 8 4% 4% 4% 13% 67 Chi & Est Ill pf (d)- 2 2% 1% 11% 4 2% Chi Grt West (d) - 3 3% 3% 3% 18% 13% Chi Gt Wst pf (d) b 18% 156% 16% + % 3% 2 Chi Mil St P&P (d)- 38 3 2% 3 + % T% 4% Chi M St P&P pf(d). 3 6% 6% 6h+ 6% 3% Chi&NW () __ 10 5% 5% b6%—% 19% 11% Chi & N W pf (d) ... 2 16% 16 16 33 23 ChiPneumatic Tool. 2 28% 28% 28% + % 3% 24ChiRI&Pac(d)... 11 3% 3% 3% 8% 5% Chi RI&P 6% pf(d)- 1 % ™ T%—-% 10% 6% Chi RI&P 7% pf(d). 3 9% 9 9 — % 27% 21% Chi Yellow Cab (2). 122 22 22 +% 22 18% Chicasha Cot Ofl___. 2 19% 19 19 —% 15% 12% ChildsCo..__ - 4 18% 13% 13% + % 135% 110% Chrysler (b1%)___. 93 127% 124% 125 —1% 21% 187% City Ice & Fuel (2). 4 19% 19% 19% + % 92 85 Citylce&Fpf6l%._ 150s 83 88 88 — % 10% 9 City Stores __ - 3 9% 9% 9% -—% 38% 324 Clark Equip(11.60). 2 83% 33% 83% — U ClevCC & StLpf(5) 10s 100 100 100 +3% 113 105 ClevElIllupf4%__ 1108 107 107 107 +2 98% 178 Cluett Peabody (3)- 2 90% 90% 90% — % 163% 122% Coca-Cola (12).___. 10 160% 160 160 +4 25% 19% Colgate -P(150c).. 79 26% 243% 24% — % 1041 102% Colgate-P-P pt (6) .. 1 102% 102% 102% — % 62% 54% Collins & Ak (12)__ 7 B6% b6% 55% 51% 43 Col Fuel & Iron(bl) 46 45 46 + % 29 25 Colo&South2dpf..100s 26% 26 26 -1 20% 15% Colum G & E a40c. 69 16% 15% 16 39% 32% Columbia Pic (t1).. 2 33% 83u 83— W 69% b56% Comcl Credit (t4) . 8 60% 60% 60% + % 80% 66% Comcl Inv T (t4)__. 8 69% 68% 69% +1% 21% 18 Comcl Solv (160c).. 33 18% 18% 18% — % 4% 3 Comw & Southern.. 61 3% 3% 3% + % 76% 5815 Comw & Sou pf(3)_. 5 b59% B84 b58% — % 45% 36% Congoleum-Nrn(2)._ 5 42 41% 41% 95 88% Con C prpf ww 6% _. 10s 90 90 89% Cons Edis N Y(t2)_. 26 ] 108 105% Cons Ed N Y pf(5)-. l l06 105 10 =% 5% 4% Co 4% 4% 4%+ % 18% 15% Co! 6 15% 15% 15% — % 13% 9% Cons Llundrlsl.... 7 11% 11 11 =% 17% 15% Cons Oil (80c) - 38 16% 16% 16% + % 10% T%ConsRRCubapf.— 1 8 8 8 1% %Cons Textile (d)..-. 13 1% 1 l 12% 8% Cons Coal(Del)vte_. 18 13% 11% s 51 33 ConsCoal Del vtcpf 1208 50 48% 48% -% [ \ 2:15 p.m, Prev 1937 Stock and Bales— Net High Low. Dividend Rate. Add 00, High, Low Close. chge. 324 20% Container Corp 1.20. 87 30% 87% 27% Contl Baking (A) 10 33 mw. 31% — % 5% 3 Contl Baking (B)-.. 11 4% 4% 4% 69% 9 61% 60% 604 — % 26% 9 22w 22 22% + % 42% 38% Contl Insur (t1./ 50). 2 39% 39 389 — % 3% 2% ContlMotors______. 17 3% 3 3 — % 451 40% Contl Oil Del (11)-_ 25 43% 42% 42% + % 35% 26% Contl Steel (b50c) . 3215 311 31% + % 77 €3% Corn Ex Bank (3)__ 210s 69% 68 68 — 5 71% 65% Corn Prod Ref(t3) 7 6T 66% 6T% + % 10% € CotyInc.. - 26 9% 9% 9% 56% 46 CraneCo. 11 b4% 63 63 — % 87 32% Cream of Wheat(2). 2 32% 31% 31% —1% 28% 215 Crgsley Radioall - 3 24% 24 24% + % 100% 74% Crown Cork & S(2)- 5 80% 78% T84 — % 24% 17 Crown Zell vtc_. 37 20% 19% 19% — % 81% 51 Crucible Steel 9 76% T5% T6% +1% 17% 12% Cuba R R pt 208 120 12% 12% + % lm 10 Cuban-Am Sugar. 5 1% 11% 11% — % 0% 17% Curtis Publishing_. 5 17% 174 1% + % 109% 100% Curtis Pub pf (7) 1 100% 100% 100% — % 8% 61 Curtis Wright 37T % Th Th 23% 19% Curtis W(A) ab0c_. 12 21 20% 20% — % 62 49 CushmanSonspf _. 10s 65 55 65 —2% 90% 81% Cutler-Ham (b50c) - 2 82% 82U 82% — % 18», 16 Davesa Stores(tl).. 2 17h 1T% 174 + % 20% Davega cum pf.1% 1 20% 20% 20% + % lflfila 104% Deere & Co___ 15 125% 123 123 —1% 31% 29% Deere&Copf1.40__ 6 80 29% 30 + % 29 22 Deisel-Wem-G(f1)- 1 23% 23% 23% + % 58% 42% Delaware & Hudson. 8 54 524 524 —1% 241% 17% Del Lack & West __ 8 22 21% 21% — % 10% 7% Den&RGWpfd). 1 9 9 9 146% 125 Detroit Edison (14). 1 76% 61 Devoe& Rey A(f3)- 1 29 2414 Distil Corp Seag . 9 41% 39 Dixie Vortex A 2% . 408 46% 371 Doehler Die Cast(2) 4 77% 60% Douglas Aircraft__. 11 39% 83 DresserB (al) 2 3% 214 Duluth SS&Atl pf_ 3 180% 156 Du Pont (b75¢c) - 17 17 11% Eastern Roll Mill 8 175% 159 Eastman Kodak(6)- 7 37% 32 Katon Mfg (2) 9 16 11% Eitington-Schild 29 29 23% El Paso Nat G 1.6 8 45% 3815 Elec Auto Lt 12.40__ 17 B 114 111 Elec Auto Ltpf(7)_. 508 111% 111% 111% + % 16 12 Elec Boat (ab0c) __ 84 13W 12% 127 + 7% 5% Elec&MusI (al8c).. 2 5% 5% 5l— 4 26% 21% Elec Pow & Light _. 61 24 23% 23% — 13 87 174 ElecPw&Lt$6pf.. 3 76 76 76 + % 92y 77 ElecPw&Lt$Tpf. 4 78% 78% 78% — %2 441 40% Elec Storage Bat (2) 1 41 41 41 2 1w Elk Horn Coal (d) .. 1 %+ % 8 b4 Elk Horn Cl pf (d) 3 + I 17% 11 Eng Public Serv 1 + % 78% 64% Eng Pb S $5 pf b3 1 + Y% 9% 77 Equitable Office B 6 - 4 23% 13% ErieRR 4 g — % 35% 26% Erie R R 1st pt 6 - % 28% 22 Erle RR2dpf 3 — % 1414 12% Eureka Vac (80c)_. - % 34% 281 Evans Prod (11) - 5% 6% 5 Exchange Buffet___ h— % 28 21% Fairbanks Copf ___ + % T1% 56 Fairb’ks-Morse (11) + 70 53Y% Fajardo Sug Co (b1) g+ % 29% 22 Federal Lt & Trac.. + 103 96 Fed Lt& T pf (6) 150 661 Fed Min & Smelter 125% 105 Fed M&Sm pfalily 11% 814 Federal Motor(40c) 1113 5% Fed Screw Works__. 6 4% Fed Water Svc A __ 45% 41% Fidel Phoenix £1.60. 41% 32% Firestone T&R (2) 521, 48% First Natl Strs 123 461 40 Flintkote Co (1) 97 6% Follansbee Bros(d). 54% 471 Food Machine (1) 122 ' 116's Food Mach pf(43%) 5412 43 Foster-Wheeler _ _ 135 118 Foster-Wheeler pf- 18% 12% Francisco Sugar . 321 26% Freeport Sulph (1) 115 109 Freeport Sul pf(6) - 73 60 Fuller Coprpf _. 4812 361 Fuller Co 2d pf 26 Gamewell Co 15'% Gar Wood (a55: 12 Gen Am Inv(a7sc) - 70% Gen Am Trans (a3)_ 15% Gen Baking (160c)-. 103 Gen Bronze 257 Gen Cable __ 54 Gen Cabls (A)_ 52% Gen Electric (b40c) 39'% Gen Foods (2) 213 Gen Gas & Elec(A). 2 60% Gen Mators(b25e) .. 117 Gen Motors pf(5) .. 123 Gen Outdoor Adv . 50% Gen Outdoor Adv A_ 18 Gen Printing Ink _. 53 Gen Ry Signal (1) 414 Gen Realty & Uti 39 Gen Realty & Upf._ 60% Gen Refract (a3%)- 7313 Gen Steel Cast pf . . 28 Gen Thea Eq(b25¢)- 15% Gillette S Raz (11)_ 8414 Gillette S R pf (5) 201 Gimbel Bros 83% Gimbel Bros pf(6) 2 43% Glidden Co (2) - 513 Gobel (Adolf) 6% Goebel Brew (120c). : 31 Goodrich(BF)(al).. 27% Goodyear (b50c) 100 Goodyear cu pf(5) 10% Gotham Silk Hose 3 Graham-Paige Sranby Cons (new) Grand Union pf(b1) Granite City St1(1)- 40% Grt Northern pf_ ___ 19 Grt Northn Ore (1) 4 35 Grt West Sug 12.40_ 2 34 Green HL (71.60)._. 14% Greyhound (180c) _. 11 Greyhound pf(55¢c) 3 Guantanamo Sug-.. 40 Guantanamo pf_ 13 Gulf Mobile & N 51% Gulf Mobile & N pf_ 55% Gulf States Steel_. 20% 13% Hall W F Print_ 108 105% Hamilton W pf (6) - 58% 50% Harb-Walker (12) . 7% 15 Hat Corp of Am 80c. 106% 103% Hat pf ww (6%) 8 57 Hayes Body __ 15% 13% Hecker Prod (60c) . 39% 32 Hercules Motor(f1) 111 102'% Hershey Ch pf(t4)_ 52% 47 Holland Fur(al’%)- 120% 106 Holland Fur pf(5) . 30% 21 Hollander & Son(1). 43% 31'% Holly Sugar (12) - 115 355 Homestake (112 37 Houd-Hersh A(2%) 27’/- 221 Houd-Her B (11%%)- 73 58 Household Fin (4) 91 Househ’ld Fin pf(5) 121% Houston Oil vtc - 62% Howe Sound (13) . 4 Hudson & Manhat 18% Hudson Motor 2 Hupp Motors_ 2214 I1linois Central_ 65 11l CentlsIn (4) 12% Indian Refin (al)_—- 36% Indus Rayon (2) 135 Ingersoll R pf (6) 112% Inland Steel (4) 221 Inspiration Cop - 5% Ins Sh Md ct (a20c). 10% Inter Rap Tr vtc(d) 4% Intercontl Rubber.. 16% Interlake Iron ; 8% b5 Intl Agricultural .. 59% 42 Intl Agricul prpf _. 11114101 Intl Harvester(2%) 16% 8% Intl Hydro E1 A 13% 6% Intl Mercantile M__. 18% 141 Intl Mining (a%0c)._. 73% 623 Intl Nickel (b50c)_ 16% Intl Paper (A) 10% Intl Paper (B) 5% Intl Paper (C) 90% Intl Paper pf- 41 Intl Print Ink (12)_. 18% 11% 28Y 10 8 Intl Ry Cent Am. 26 IntlSalt (t1%).. 46% Intl Shoe (12) 31% Intl Silver__ 90 Intl Silver pf (a4) 11% Intl Tel & Tel . 36% 29% Interstat Dp St 155 184 Johns-Manv (13) _ 126 120 Johns-Mansv pf(7). 88 Kalamazoo 8 (11) 20 Kans City South 40 Kans City So pf(al). 17% Kelsey-H A (a1%).. 15 Kelsey-HB (al})._. 56% Kennecott (b50c) _. 17% Keystone S&W b30c 89% Kimberly Clark(1)_ 5% Kinney (G R) Co._. 47% Kinney pf (al) 26% Kresge S S (b30: 22 Kroger Groc (11.60) 21 Laclede Gas (StL)_ 18% Lambert Co (2) ._. 17 Lee Rubber (50c). 38% Leh Port Cmt 134 2% Lehigh Valley Coal. 18% Lehigh Val Coal pf_ 24% 17% Lehigh Valley R R_. 187 118 Lehman Corp (13)_. 21% 18 Lehn & Fink(al%) 49 Lerner Stores(t3)_. 79 6T Libbey-O-F (b75c)_ 15% 9% Libby McN & L(al). 130% Ingersoll Rand (12)_ . lll% 109% Intl Print Ink pf(6) . 25 14% 14 637 117 1314 50 — 4% 1% — % 53% an + 34 el & & L1+ I+ LLI+EL 1+ 4+t i pATREAS o e = 1 14% 124 — % 15 69% +1% 21% + W% 16% + % 5% 111% + % 52 +1% 11 +% 8% 26% — % 46% + % 46% —1 100% —1% 12% ~ % 32% — % 142 —1% 126 + % 41+ % 25% — % 42 42 18% — % 15% 61% —1% 18% 41 Th + % 63% + % 26% — % 22% 21% 20% 2 —-% 46 + 4 2% 14% + % 21% — % 19 14 +% THE EVENING STAR, WASHINGTON, D. C, THURSDAY, MARCH 25, 1937. TRANSACTIONS ON THE NEW YORK STOCK EXCHANGESOCKS IRREGULAR FINANCIAL. INQUIET TRADING Early Gains Are Reduced, Wiped Out or Replaced With Declines. Stock Averages 30 15 15 60 Indust. Rails. Util. Stks Net change.. +.5 Unc. Unc. Today, noon. 97.0 46.7 47.3 Previous day 96.5 46.7 47.3 Month ago.. 97.9 42.0 503 834 362 482 101.6 49.5 54.0 94.1 378 468 993 435 53.7 73.4 30.2 434 55.7 175 8.7 239 169 146.9 153.9 184.3 157.7 low... 516 953 61.8 618 1.9 1.7 19 628 75.3 69.1 2.8 1937 1937 1936 1936 1932 1929 1927 (Comptied by the Assoctated Press.) BY VICTOR EU B\\K Associated Press Financt ter. NEW YORK, March 25 —-blgr‘ of: of the Chrysler labor armistice and evacuation of sit-downers from |;4 company’s plants acted as a mild tonic for the stock market tod: | failed as a lasting stimulant. Chrysler pushed up briskly at the start only to be thrown for a loss it later proceedings. General Motors also was unsuccessful in making the | grade. Light profit-selling was evident throughout the session and morngg gains of fractions to 2 points were cut | down, canceled or replaced with de- clines before the close. In view of tomorrow’s holiday clos- ing, but traders were disinclined to extend commitments and the pace was slpw throughout. Turnover of around 1,400.000 shares was the smallest in months. Expanding demand for steel prod- ucts, with mill operations at new post- depression peaks, buoyed members of this department for a time. United States Steel, while not especially ac- tive, led the group. Most fell back in the concluding period Moderately improved the greater part of the day were Sears-Roebuck, Woolworth, Cerro de Pasco, Interna- tional Nickel, Standard Oil of New Jersey, Texas Corp., Phillips Petro- leum, Du Pont, General Electric, Na- tional Lead, Great Northern, Union Carbide, Eastman Kodak, Interna- tional Printing Ink, Douglas Aircraft | and United Aircraft 2:18 p.m. 2:15 p.m. Prev 1037 8tock and Bales— Net Prev 1037 Stock and Bales— Net High. Low. Dividend Rate. Add 00, High, Low. Close. chge. | High Low. Dividend Rate. Add 00. High, Low. Close. chge. 114 100% Ligg & Myers B t4_. 4 101% 101 101% — 103 9%7 Safeway Strs pf(5). 30s 102 101% 102 23 21% Lily Tulip (11%)--. 2 22% 22% + % | 113 109% Safeway Str pf(6) __ 10s 109% 1091 109% + % 83% 69 Lima Locomotive_.. 8 12% % T1% -1 113 110 Safeway Strspf(7). 30s 110% 110 110 61 52 Link Belt (12)- 2 52% b52% b52% + % | 65 43% StJoseph Ld(bG0c). 14 59% 58% b58Y% — % 537 43% Liquid Carb (2.60)_. 2 651 B0% 51 4% 3 St L-San Fran (4) 2 4% % AU % 81% 64% Loew'sInc (12)---- 17 7% 77 77 + %| 11% 6% St L-San Fr pf (d) 5 9% 9% 9%-—% 3% 21 Loft Inc. 26 3% 3% 3% 27% 14% Savage Arm (al) ___ 1 24% 24% 24% — % 75% 56 LoneStar Cmtbisc. 7 TI% 1T0% 7T0% + % | b1% 42% Schenley Dist(b75c) 14 49% 48% 48% — % 10% 6% Long Bell Lum(A)- & % 98% 94% Schenley pf (5%)__. 4 98 98 98 43% 38% Loose-Wiles (2) - 3 | 3% 2 SchulteR Strs(d) 3 2% 2% 2% 28% 223 Lorillard P (11.20)_ 8 4 23% 17 Schulte R S pf (d) 1 20% 204 20% — % 28% 21 Louis GEEpfA 17 20% 19% 20 —1%| 45% 38 ScottPaper (1).___ &0s 42 42 42 +1 41% 29Y% Ludlum Steel (11).. 22 38% 87% 3% + % % % Scott Pap rts Maral 7490s Gl 36 30% McCall Corp (12) 2 31% 31% 8% + %| 2% 1% SeaboardAirL(d). 5 1% 1% 1% 24% 18Y% McCrory Stores 5 19% 19 19 8% 6 Seaboard A L pf(d). 2 6% 6% 6%+ % 5414 40% McGraw Elec (t2)_. 8 50 B0 50 49% 40% Seaboard Oil (1) __. 5 484 47 47 — % 281 231 McGraw H P b27%6c. 2 24 23% 23% — % | 95% 81 Sears Roebuck (3).. 25 91% 90% 90% + ¥ 4214 38 Mclntyre Porcu(2)- 20 39% 38% 89 —%| 34 28 ServelInc (t1) 11 29% 29% 29% 42Y% 40% McKeesp't Tinnew- 3 42 41% 41% — %| 42% 29 Sharon Stl (11.2 6 39% 38k 38N — Y 16% 12% McKesson & Rob___ B7 15% 154 15% + % | 120 102 Sharon Stl pf (5)._. 1 111% 111% 111% +1 47% 45 McKess&Rbpf(3). 4 46% 46% 46% + % | 14 103 Sharpe & Dohme 13 1% 11 11 19 16% McLellon St (b75¢). 10 16% 16% 16% 6 60 Sharp&Dopf(3%). 2 60 60 60 —1 62% 42% Mack Trucks (1) 11 59% B8% 58 + % | 17% 154 Shattuck F G (60c). 6 15% 15% 15% — % 58% b50% Macy (RH) (12)___ 6 b2% 51 51 —li| 44 37) Sheaffer Pen(b1%)_ 105 40% 40% 40% —1'x 63 53 Magma Copper (2).. 2 b8% b57% B8% +1+| 34% 26% Shell UnOil (a25c). 9 31% 31 81 —% 7% 5 ManatiSugar (d) B¢ Gt I 105% 102 Shell UnOilpf5%._. 1103 103 103 — % 80 20 ManatiSugpt (d)-. 208 23% 23% 23% 17% 12% Silver King (b25c)_. 12 16% 16% 15% + 1 16% 14 Mandell Bros (b1).. 1 15% 15% 15% 58 4415 Simmons Co (a8)_.. 7 54% 531 5312 — % 16% 12 ManElmdgtd (d)-. 1 12% 12% 12% — % | 52% 42 SkellyOil ____ 28 B53% B2Y 52% + T 29% 23% Manhat Shirt (1)__. 1 24% 24% 24% + % | 197 85% Sloss-Sheffleld S 10s 184 176 176 -9 6% 4% Maracalbo Ol Exp_. 7 4% 4% 4% 120 107% Sloss-Sheft pf (6) _. 408 106% 106 106 -3 14% mv. Marine Mid (t40c)_. 5 124 12% 12% 40% 27% Smith & Cor ctfs(1) 274 Market St Ry . 24108 2% 8 + %| b4% 40% Smith (AO) __ 20 14% Market St Ry pf____ 1008 16 16 16 +1% | 29% 24% Snider Pkg (b13%) 6 4% Market StRy 2dpf- 170s 5% 4% 5% +1% | 19% 16% Socony-Vac (b25c) 4 39 30% Market St Ry prpf_ 330s 34 30% 34 +3%| 6% 4% SouthAmG&P(30c 22 5% 54 5 51% 46 Marlin Rock (12)_. 1 47% 4T 4T% + %| 42% 34 South PortSug(f2). 20 364 35% 36% + % 307 187% Marshall Field 17 28% 27% 27% + | 32% 27 SoCalEdisontll%_. 11 27% 2T 2T% — % 41% 86 Mathieson Alk(1%4) 3 37% 37 37% + % | 65% 421 Southern Pacific___. 23 61% 59% 59% —1k 661 5914 May Dept St (13)__. 1 6313 63% 631 43% 24 Southern Ry 30 41 39% 40 — % 15% 12 Maytag Co (a50c)_—. 5 12% 12% 12% + % | 60% 47% Southern Ry pf.. 9 56 5au 54n — | 333 * 25% Mead Corp - 1290 29 29 +%| 11% 9 Spalding (AG)_.__. 2 10% 10% 10% + % 861 77 Melville Shoe (15).- 1 78% T8% T78% 104% 100 Spang Chal pf b1%_ 508 100 100 100 16% 11'% Mensel Co 6 13% 13 13% — %| 9% 7% Sparks-Withing __. 7 X 4T% 41% Mengel 5% pf(23%)_ 40s 43 42 42 —14| 36 31% Spencer Kell (1.60) + 721, 59 Mesta Mach (b1%)- 3 67 66% 66% — % | 23% 19% Sperry Corp vtc(al) Miami Copper . . 26 22 21% 21% — % | 83% 28)% Spicer Mfg (a3) ___ + 4 Mid-Cont Petal5_. 13 32 324 32% + %| 28% 22 Spiegel Inc (b25c) . 1o Midld Stl Prod(f2)- 6 46' 45 45 <+ % | 48%. 41% Square D (B) b25c . 4+ Midld Stl 1st p£(8) - 16% 147 Stand Brands(f80c) - Minn-Hn R pf B(4)- 12% 8% Stand Com Tobac _. + Minn Moline Pow __ — %| 14% 8% Stand Gas & El (d) - M St P&S S M1sin — 4| 32% 25% Stand G&E $4 pf(d) + 4 Mission Corp (a45¢) +2% | 65 54Y% Stand G&E $6 pf(d) + 1 Mo Kans & Texas + %| 72% 60 Stand G&E 37 pf(d) - %| Mo Kans & Tex pf A + %| 50 43% Stand Oil Calif (1)~ + % Mo Pacific (d) . — %| 50 44% Stand Oil Ind (f1)__ + % Mo Pacific pf (d) - %~ %| 32 81 StandOilKan(al)_. - Mohawk Carp(1.20) ~%| 76 67% Stand OILNJ (11) - %+ % Monsanto Chm (1) — % | 48 341 Starrett LS(11.40)_ - % 69 531 Montg Ward (12)__. —1%| 75 65 Sterling Prod 13.80 + % 6615 64 Morris& Esx (37)- 21 17% Stewart-Warn t50c. - 315 113 Mother Ldeal23 171 15'% Stokely Bros (11) __ P+ 3812 31% Motor Prod (12) + 15| 33% 26% Stone & Web(a25c)- + % 26 21% Motor Wheel (1.60) _ + %| 20 13% Studebaker Corp_. - % 39% 31 Mullins B (a50c) - 4—%| 7714 68 SunOil (11)__ 99% 9115 Mullins pf (7) + %) 125 119 Sun Oil pt (6) +2 70 Murphy G C (2.60) _. +1% | 61% 49 Superheater (1) h— % 15% Murray Corp(a50c)- + 14| 7% 4% Superlor Oil T 58% Myers (F E) (b1) +1%| 47% 37 Superior Steel _ s+ B 17% Nash Kelv (1) — % | 397 321 Sutherland P 11.60_. 1+ h 38 NashvChat&StL. — %| 203 13 Sweets Coof Am __ — 1 1815 Natl Acme (a75¢) + s 28% 25% Swift& Co (11.20)__ 7 = 29% Natl Biscuit (1.60) — | 32% 30 Swift IntlLtd (2) - 8 + W 27 Natl Bond & In 1.44. + 4| 23% 18% Symington ww bl0c 2 201 — % 29% Natl Cash Reg (1) - — 13| 17% 14% Symington xw bl0c. 4 15% 15% 154 — % 23'% Natl Dairy Prd 1.20. == 8%, T2 Telautograph(60c). 1 ™ ™ T™+% 112'; 109 Y D - 15% 11% Tenn Corp (alic) 10 14w 14 14 109% 107 tl Dairy pf B (7). + %| 60 B0% TexasCorp (2) ... 103 58% 57% 58U + 24% Natl Dept Stores | 9% 74 Texas Gulf Prasc__ w8 35 2715 Natl Distillers(12) - — % 43 381 Texas Gulf Sul (12) + % 44 33% Natl Lead (50c) +1m| 54y 4315 Texas&Pac RR - + 15 617 11 Mall & S C bi0c 16% 1314 Tex Pac C&0 bllc - + 1l Pw & Lt (60c) - + %! 15% 111z TexasPL T (allc)- + % t1 Ry Mex 2d pf 48 37w Thatcher Mfg (11)_ tl Steel (121%) - —1%| 9315 88% The Fair pf (7) 71, 87l BT — % 2 t1 SupplyCo - +1%| 131, 10 Thermoid Co 17 10% 10% 100 — % 21 Natl Supply pf a3t 287 23 Thompson Prbd0c_. 4 97 Natl Tea (60¢) - 10% 6% Thompson Starrett. + % | 11% Natomas (80c) .- + %1 218, 19% Tide Wat A O (60c) — % 5015 Neisner Bros (2) Hla 105 Tide-Wat A O pt(6) 541 Newberry JJ §2.40_ 19 New Orl T&M (d) - 3415 Newport lnd(moc) 40 N Y Central NYChi&StL NYChi&StLpf 4312 Pac Lighting (3) 4%, Pac Mills (b50c) 2214 Pac West Oil(a63c). 101 Packard Mot (b15c) 11% Pan Am Pet (a60c)_ THERMOID CO. REPORTS LARGE GAIN IN YEAR Special Dispatch to The Star. NEW YORK, March 25.—Thermoid Co. in a consolidated snnual report made public todsy Ahowu n'o- sales in 1936 of $6,708,811, and pflflt of $301,627 after all operating charges, d Ay} 3715 U 22 Timken Detroit t1 _ 6514 Timken Roller B(3) 15% Transamerica t40c 18% Trans Wst Air a25c 19% Transue & W (160¢) 9 Tri-Contl (a50c) o O e 3 & For'n 1st (6)_ Freight (t1) __ Gypsum (12) U S Hoffman S Indus Alcohol % 2% PanhandleP&R_ . 1 6% US Leather vte __ 60 Panhandle P&R pf.. 10s 13% 7J S Leather(A)vtc. 2% Paramount Pic 21 6015 U 'S Pipe & Fdry (3). 2166 Paramntlstpf (6)_. 1 13% U S Realty & Imp.._ 20% Paramnt 2d pf 60c 2 7 2815 Park & Tilford (2) 1 8 10612 10512 106 +1 41, Park Utah___ 62 16 97:, 95'. 96 247 Parker Rust (11%). 2 s Steel 241 119% 11702 1175% +1 5% Parmelee Tran: 1 139% U S Steel pf (7) 41450 145 145 +1 814 Pathe Film Corp 3 7 UnitStkYds (30c)- 6 Ta T T+ 4 14% Patino Mines(160c). 27 6% Utd Stores (A)____. 7 6% 63 6la— I 3% Peerless Corp_— 4 31 Ut PW&Lt (A)(d). 4 3% 3u 3u 56 Penick & Ford (13) 2 1% VadscoSalesCorp_. 17 2 2 2 97 PenneyJ C) (4)- 3 281 Vanadium Corp____. 20 36% 3415 34% — & 4% Penn Coal & Coke._ 2 3915 Van Raalte(b623%c) 10 41% 40% 41 +1% 7% Penn Dixie Cement. 4 42'2 Vick Chemical (12)_ 1 43% 4314 43% + % 64 PennDixiepf (A) - 3 ya-Car Chemical . 134 107 10% 10 — Ix 39% Penn Railroad (a2)- 43 % 541 Va-Car Chem 6% pf 42 641 621 621 — % 49% Peoples Drug (11) 1 108 VaEI&Pwpf (6) . 208 1124 112% 112% + % 1168 1131 Peoples D pf (6%)-. 40s 8% Va Iron Coal&Coke. 208 9 9 9 652 4815 Peoples Gas Chi 4 70 Vulcan Detin (a8)__ 30e 88 87 88 + % 91 85 PereMarqpf. 2 3% Wabash (d) _____. 2 85 84 8L+ 25 24 Pet Milk (f1)- 1 9 Wabashpf (A)(@)_. 6 16 154 154 — % 21% 17% Petr Corp Amad0c_. 11 7% Wabash pf (B)(d)_. 108 13 13 13 13% 11 Pfeiffer Brew(1.20). 2 15% Waldorf Sys(11.20). 6 16% 16% 16% — 4 59% 50% Phelps Dodge bsc_. 16 29 Walgreen Co (new). 4 30 30 30 + % 5413 52 Phila Co 6% pf (3)- 3 11214 Walgr'n Co pf (632) 4008 113% 113% 113% 7% 5% Phila Rap Tr (4) . 20s 45% Walker (H) (2)- 2 467% 461: 4614 — Y 14 10% Phila Rap Trpf(d)- 108 11% Walworth Co_ 42 175 16% 16% — % 3% 1% Phila&ReadC&I_ 6 6% Ward Baking ( 6 9 8% 8%-7% 841, 71% Philip Morris(b3%) 3 13% Warner Bros Pict__. 22 14% 141 14% — % 5815 4914 Phillips Petrol (2)_. 34 1 Warner-Quinlan(d) 1 9% 6% Phoenix Hosiery. 8 6% Warren Bros (d) .- 20% 16% Pierce Ol pf__ 2 24 War'n Brov pf (d) % 33% 2814 Pillsbury Flour 1.60 1 46 Wesson O&S (t50c) £ 20 13 Pitts ScrewgB blse. 20 80 Wesson O&S pf (4)- 43 24% Pitts Steel _ 7 90 West Penn El pt(6) 122 103 Pitts Steel pf- 1308 103 West Penn El pf(7) By 8% 3% Pitts United 10 113% West Pa Pwr pf (6). 47TV 31% Pitts& W Va 308 15119 West Pa Pwr pf (1) 27% 24% Plymouth Oil (1) 23 87 Western Maryland.. 334 25% Poor & Co (B) - 3 171 Western Md 2d pf_. 15% 10% Postal Tel&C pf( 5 21 Western Pacific. 31% 25% Pressed Steel Car . 10 7% Western Pacific p % 31 26K Press Stlistpf25c. 2 7113 Westn Un Tel (3) . = 65% 55% Proctor & Gam(12). 6 b58Y4 584 58% + W 57% 48% Westingh’se A B(1) -l 1181% 115% Proc & Gamb pt(5)_ 308 115 114} 1141 —24 | 1675, 13515 Westingh'se EL (b1) i 52% 43 PubSveNJ (2.60)_. 8 45% 45 45 — 15| 170 151 Westhse 1st pt (b1) 1124 100% PubSve NI pf (5)—. 8102 102 102 +1 | 30% 26 Weston El Instassc % 12815119 PubSve NJpf(6)_. 1 119% 119% 119% — % | 271, 2315 Westvaco Chlor (1). 113% 111 PubSvcE&Gpf(5)- 1112 112 112 — % | 345 33 Westvaco5%pf1% —1% 7214 61% Pullman Inc (1%)-- 29 621 61% 61% — % | 65 338 Wheeling Steel Tin 24% 19% Pure Ol _ 45 21% 20% 20% — % | g3y 231 White Motor 107 99 PureOil 6% p! 2102% 102 102% +1% | g 5 White Sewing 3% 112% 108 Pure Of18% pf 110% 110% 110% 461 38 WhiteSew Mchpt-. 1 40 39 39 — 1 23% 18% Purity Bak (60c)_ 21 20% 20% — %| gy 4% Wilcox Oil & Gas 1 % 8% 5% 18% 16% Quaker State (80c)_ 1 16% 16% 16% — % | 12% 8% Wilson&Co (50c)_ 33 114 10% 10% + % 128% 107% Radio Corp. - 47 11% 1% 11% 65% b51% Woolworth (2.40) _. 27 53% 52% 52% + % 80 76% Radiopf A (3%) 1 76% 176% 76% — % | 47 34% Worthington Pump. 15 39 35 36 -8l 9% 7% Radio-Keith-Or (d). 11 8% 7% 7% — %| 112 81 Worth Pump pf(A). 7508 11215 107 107 —1l% 2515 14% RRSecIllCent____ 1008 23 22 22~ 4| 100 77% Worth Pumppf(B). 7 96 96 96 37% 31% Raybestos M (1 2 33 32% 33 + %| 76 68% Wrigley Wir (t3)_. 8 70% 69% 704 + % 47 41% Reading RR (2)__. 6 421 41% 42% + %| 6214 49% Yale&Towne(160c)- 1 55 55 56 — X 13% 9% Real Silk Hosiery. 9 10% 10% 10% + % | 37% 20% Yellow Tr& Coach.. 56 33% 32 324 — % 4% 2%Reis(Robt) _____. 4 3% 3% 3+ 4| 46% 40 YoungSpr&W(f3). 9 40 40 40 — % 30 23 Reis (Robt) 1stpf_. 2 27% 261 264 101% 75% Ygstn S&T (b75c)-. 26 94 9l 91% —2 22% 18% Rellable Str (aS0c). 8 18% 18% 184 40% 33 Zenith Radio (b1)__. 6 34% 34 341 EoeRaLs gfimfi‘:“"é'“c) Lt it 9% T% Zonite Products_ 2 ™ % % % 60 Motor Car. 16 47% 27% Republic Steel__ 835 45% 4d% 44% Approximate Sales of Stocks on the N. ¥. Stock Exchange. 471 33% Revere Copper_ 60 8 430,000 12:00 Noon -, 660,000 94 71 RevereCopper(A).. 3 90% 89 89 +2 1:00 P.M. ~, 820,000 2:00 P.M_ 960,000 30% 25% Revnolds Met (11 5 261 26% 26% + % Dividend rates as given in the above table are the annual xg% 247% Reynolds Spr (11)_. 2: 25% 25 25 ~— % |cash payments based on the latest quarterly or half-yearly dec- 58 50% Reynolds Tob B (3). 51% B1% 51% larations 31% zm Ruy(u- Dental (t1)_. 1 25‘12 Zfix 25% g s Unit of trading less than 100 shares. tAnnual rate— 86% 72 FoanAntel (al12). 1 T7% T7% 770 +3% |00t including extras aPald last vesT oPed SR Yol 46 40% SafewayStores(t3) 3 41 4D 40 — % |Sompanier reported in T depreciation of $181,004 and interest charges of $167,794. After allowing for Federal income taxes and surtax on undistributed profits, there was a balance of $255,417 available for total annual preferred dividend requirements of $131,668. After allowing for preferred dividends there was o balance of $133,748 for surplus. The 1935 report was not consoli- dated. Without deducting the loss for that year in Southern Asbestos Co. there was shown $113,118 available for Thermold’s preferred stock in that year (1935.) — Scotland may open more coal mines in order to meet increasing demands. | May. | July. new Backward were Deere, American Telephone, Bethlehem, Western Union. Kennecott, Air Reduction, Chemical, U. S. Industrial Alcohol, | Southern Pacific, Baltimore & Ohio, Chesapeake & Ohio, Union Pacific, Canada Dry. Worthington Pump, Johns-Manville, American Smelting and Goodrich. A restricted groove was followed by Consolidated Edison, North Ameri- can, N. Y. Central, Pennsylvania, Sea- 8 NYDock - 815 Truax-Traer(b25c) - % | board Oil, Westinghouse and Anae 18 NY Dockpf 1% Truscon Steel _____ %2 | conda. 1% N Y Investors (d).- 33% 20th Cent Fox b5 e . 2 'win City R - % 5 NYonariokW. 2 " Tien & co NEW YORK COTTON 15% 11% N Y Shipbuilding 1 87 63 Union Bag & P (2)_ + 110 107% N Y Steam 1st (7). s 111 101% Union Carb (3.20)_ & B3 the Associated Press. 4% 2 Norfolk South (d)_. 1 3 3 281, 2414 Union Oil Calif (1)_ = NEW YORK, March 25.—Opening 272 250 Nort& Wt (b23)_. 1256 256 255, | 148% 12613 Union Pacific (6) —214 | rallies in cotton today on foreign buy- 17% 13% North Am Aviation. b4 14 1414 14% 99% 94 Union Pacific pf(4) ? N Sotha w271 27% — 9% Jnion Pacific pf(4). . | ing were followed by partial reactions 347 26% North Am Co(b30c). 23 2T% 2T% 27% — 4| 3110 265 Union Tnk Car 1.60 £y 1041 rth Am Ed pf (6) 1.100% 100% 100% + Y| 35" 574 {rtd Aircraft(as0c). 35! luncler pre-holiday liquidation and rthern Pacific ... 14 33 824 32% — &} o - i T 7| hedging. iRt Al (3 208 =5ak KB NESM A | Lot iog Lo i SR TINERaRtes ) LT 3| All crops were under pressure, while 3% Norwalk Tire &R 1 5% 54 5% 35 20% Unit-Carr Fast(f2). 2 34 34 34 forward deliveries held fairly steady. 174 Ohio OIl (a608).__. 70 2I% 20% 614 Utd Corp (a20c)_ : 6 July eased from 14.04 to 13.92 and glyoll\e’riaémrhqmp_ 2 g(l\‘ 59% 41% Utd Corp pf (3) in midafternoon sold at 13.94, with 18% Omnibus Corp vte_- 1% 141 Utd Drug (a75c) | prices generally 1 point net lower to 57 Otis 11 3T 18% Utd Dyewood (1) % 161 Otis 36 22% 7% Ttd Elec Coal | 9 higher. OtisStlcvpf (515). 1 91 4615 Utd Eng & Fy (12) | Outboard M (b30c) 4 23% 8015 Utd Fruit (13) _ %| Cottonseed Oil. 19% Pac Am Fish (11.20) 9 20% 14 Utd Gas Imp (1) 1| Bleachable cottonseed oil futures 11% Pacific Coast ___ 508 13'% 7 110% Utd G Imp pf (5) | closed steady. May, 1l1lb: July, 211 Pacific Coast 2d 308 612 Utd Paperboard %|11.18: September, 11.18b; October, 3113 Pac Gas & El 18 17 US & For'n Secur.._ ' 10.98b. Sales, 72 contracts. b—Bid. New Orleans Prices. NEW ORLEA! ces wained 40 to in the Ea: d to 14 0% Ju October to 13.50 and December or 12 to 18 points above yester- racts advan 1y May col 3 Liverpool reported buying from Alex- andria and said that the improved tistical position of cotton fears of increased acreage in the States Continued rains in the Eastern section of the belt induced fears of a late crop by Keeping farmers {rom seeding operations Prospects for immediate settlement of the auto strike brought renewed confidence into the market Cottonseed oil futuers_opened steady. May_ 10.56b: July, 10.73b; September, 10.75b: October, 10.65b. b—Bid. CHICAGO GRAIN bY the Assoctated Press CHICAGO, March 25—Corn fu- | tures climbed more than 3 cents a bushel today to high prices unreached heretofore this season, and helped bring about late advances in wheat Buying of corn was the most gen- eral witnessed in some time. Corn purchases for shipment from Chicago were the largest in many months. At the close, corn was %-2%; ce above yesterday’s finish; May, 1.14 8; July, 1.09-1.09's; wheat un- changed to 1 cent higher; May, 140"~ %; July, 1.26%-75; oats, 3 up, and provisions unchanged to a rise of 7 cents. WHEAT—_Open. May il July September CORN. Close May. new old July. ol Beptember OATS— 1.61% 1.67 158 1104 112 1.053% 1.06-08"% 081 .09 1 1 13 16 3 850 6.7 16.62 Chicago Cash Market. 70 y B July C0 16.62 1670 Cash wheat, No. 3, mixed, 1.44; corn, No. 3, yellow, 1.18-1.19; No. 4, yellow, 1.16%;-1.18; No. 3, white, 1.23- 1.231%; No. 4, white, 1.19-1.20'; oats, No. 3, white, 5212-53; rye. No. 1, 1.22%,; buckwheat, No. 2, 2.45-2.50; soy beans, No. 3, yellow, 1.61%: bar- ley, feed, 71-75; malting, 1.00-133; timothy seed, 4.75a5.50 per Cwt.; clover seed, 30.00a36.00 per Cwt. nipeg_ Prices. WINNIPEG: Martent2h () -Gratn ranse ay: WHEAT— High Low, May 7h 14174 July _Z-0 0 148 October ™~ 1 263, 1.24% 1.26% May BTV B6% 50% e Reading Co.—February net railway operating income was $1.091,411, against $1,192,278; in two months net rilway operating income was $2,- 150,355, against $2,234,112. A \