Evening star. [volume] (Washington, D.C.) 1854-1972, September 23, 1937, Image 20

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Evening star. [volume], September 23, 1937, Page A-20, Image 20
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 23 Sept. 1937. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1937-09-23/ed-1/seq-20/>

Newspaper Page Text

NEAL ADDRESSES
RIGGS BANK STAFF
Banker and Advertising Ex
pert Stresses Ways of
Gaining Good Will.
BY EDWARD C. STONE.
About 300 officials and other em
ployes from the main office and the
branches of the Riggs National Bank
heard a vigorous address last evening
on the value of closer public relations
by William H. Neal, vice president
of the Wachovia National Bank &
Trust Co. of Winston-Salem, N. C.,
who has just been elected president
of the Financial Advertisers’ Asso
ciation. The meeting was at the
Wardman Park Hotel.
George O. Vass, vice president and
cashier, called the staff gathering to
order and introduced the presiding
officer, George Dagenais, newly elect
ed chairman of the Customers’ Rela
tions Council, which was organized at
the bank two or three years afco.
In addition to the guest speaker,
President Robert V. Fleming made
timely remarks in the way of greet
ings.
Mr. Neal spoke on the “Interpreta
tion of Banking.” He stressed inter
pretation of banking to the public,
especially by banking employes. They
are in a position to be of unlimited
value to their institutions partially be
cause there are so many more gen
eral employes than officers.
Employes should have as much in
formation ns nonnihlp ahnnt. overv Hp.
partment of their banks, methods of
operation and the reasons back of
banking practices. Many employes in
bookkeeping and similar departments
have no contacts with the outside pub
lic while on duty. Outside, they have
a host of friends. These associates
look to them as bankers and as in
terpreters of banking.
If employes fail to sell their banks
to their friends, these prospective cli
ents may feel that the banks are
only ordinary institutions. If the em
ployes keep fully informed on bank
ing subjects and progress, they can
render wonderful service and always
be in line for steady advancement,
Mr. Neal declared.
Cost Experts Hear Miller.
Nelson A. Miller, assistant chief of
the marketing research division, Bu
reau of Foreign and Domestic Com
merce, at the opening Fall session of
Washington Chapter, National As
sociation of Cost Accountants, last
night at the Hamilton Hotel said
that the majority of small stores in
the country', although they have need
for the benefits of up-to-date cost
accounting control, are not in a posi
tion to take advantage of scientific
cost-control methods.
Mr. Miller stated that the small
retailers who can recognize the bene
fits to be derived from proper ac
counting control and up-to-date mer
chandising records and methods are
exceptions, and that the small deal
ers who need most attention are often
. those who Ere the least likely pros
pects lor the cost accountant.
He stated that the more progressive
merchants who are doing a good job
of retailing in their respective classi
fications are the ones most likely to
be receptive to up-to-date methods in
not only account procedure but in
all phases of merchandising.
Mr. Miller was assisted in his dis
course by W. H. Meserole of the
same division of the Department of
Commerce.
The subject developed at the meet
ing dealt with the practical appli
cation of scientific costing methods
developed for the use of druggists in
the St. Louis Drug Survey.
Banking for Women Is Uurged.
Mrs. Stella Akin, special assistant
to the Attorney General of the United
States, lauded banking as a career
for women in an address before more
than 100 women connected with
Washington banks at the Mayflower
Hotel last night. The occasion was
the annual dinner of the Women's
Committee of Washington Chapter,
American Institute of Banking.
Of all the professions more en
couragement is given women in
banking than in any other, said Miss
Akin. Since this is true, there are
splendid opportunities for women en
wring the banking field, the speaker
added. And those who do become
proficient in banking can do a great
deal for other women along the lines
of financial guidance, she said
Miss Akin stated that women with
legal minds have extra good oppor
tunities for advancement in trust
departments. Bank officials every
where are giving them a chance and '
finding their work of great value to
the banks, she continued, concluding
by calling attention to the training
courses offered by the Institute of
Banking and the Importance of tech
nical knowledge as the only road to
success.
Mrs. Myrtle P. Lewis, Liberty Na
tional Bank, chairman of the Wom
en’s Committee of Washington Chap
ter, presided. Other speakers in
cluded Thomas J. Groom, hear’ of the
District Bankers’ Association; Dean
Raymond B. Dickey, institute faculty;
W. H. Laughlin, chapter president,
and Paul J. Seltzer, Educational Com
mittee chairman.
Heard in Financial District.
Declaration of 50-cent dividends on
both the Class A and Class B stocks
of the Emerson Drug Co., just an
nounced, is of special interest to
Washington where the issues are
widely held. The Class A stock was
formerly listed on the Washington
Exchange. The dividends will be
paid October 1.
Announcement of a 75-cent divi
dend by the directors of the Carpel
Corp. brings the amount paid on
this stock so far this year up to
$2.25 a share. The company’s policy
Is to make quarterly payments as
justified by earnings, rather than
any * regular amount. The 75-cent
dividend will be paid September 30.
The Safe Deposit Section of the
District Bankers’ Association will hold
its first meeting of the season this
evening in the board room of the
American Security & Trust Co.
Net railway operating income of the
Pennsylvania Railroad in August to
taled $6,162,933 against $7,539,148 in
August, 1936, and $4,859,930 in Au
gust, 1935. Net railway operating in
come in the first eight months of 1937
amounted to $48,709,844 against $50,
404,084 a year ago, a decrease of $1,
694,240, it was reported today.
Directors of the American Security
& Trust Co. have declared the regular
quarterly dividend of 2 per cent, pay
able October 11 to stockholders of
record September 30, it was an
nounced today.
Washington Gas Light 5s, 1960, sold
at 114V4 on the Washington Stock Ex
change, the session's only trading.
TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE
B» Private Wire Direct to The Star
Prev 1937 Stock and Sales— Net
Hlah. Low . Dividend Ret*. Add 00. Rlkh. Low. Close, chat
86 63% Acme Steel (4)_... 1 66 66 66 -2
22% 14% Adams Exp (,30gj_. 12 14% 14% 14% - %
28% 22 Adams-MilHa <2)1 22% 22% 22% - %
36 26% Addresaog (1.40)__ 3 27% 26% 26%-%
4% 1% Advance Rumley... 1 1% 1% 1%
80% 61% Air Reduction (la). 6 63% 63 63 -%
6% 1% Alr-tVay El Ap _ 2 1% 1% 1% - %
15% 9:4 Alaska Jun (.60a)._ 18 10% 10 10 - %
5% 1% Alleghany _ 41 2 1% 1%
69% 18 Allek pf $30 ww__„ 6 17% 16 16 -2%
69 18% Alleg pf $40 ww_ 1 15 16 16 -3%
68% 23 Allegpfxw.. . 8 15 15 15 -8%
62% 19 Alleg pr pf . 6 20 18% 18%-Vft
46% 25 Alleg Steel (1.20g)_. 3 27 26% 26% -1
27% 13 Allen Indus (1)_ 1 13% 13% 13% — %
258% 183 Allied Chem (6)_ 4 194 190 190 -2
38% 17*4 Allied Mills (2g)_ 4 18 17% 17*4— %
21% 13% Allied Stores (.20a). 27 13*4 13 13 - %
85 69% Allied Strs pf (5)_ 2 68% 68% 68%—%
83% 63% Allis Chaim (2g)_.. 28 67 65 65 —2
39% . 17*4 Alpha Portland (1). 1 18 18 18 + %
8% 3% Amal Leath _ 4 4% 4 4
114% 71% Amerada (2)_ 2 71 70% 70%-1
76% 69 Am Bank N pf (3).. 10* 60 60 60
80% 45 Am Brake Sh (2g)..x 2 49 48% 43%-%
121 90% Am Can (4A) _ 15 98% 96% 96% - %
174 152% Am Can pf (7)_ 5 168 167 167 + %
71 29 Am Car & Fy < %g)_ 9 32% 32 32 -1%
104% 59 Am Car & F pf (4g). 1 58% 68% 68%-%
33% 24 Am Ch&Cable lg._. 13 25% 24 24 —1%
28*4 10 Am Colortype__ 9 11*4 11 11 —l
30% 17% Am Cornel Alco_ 3 20 19 19 —1
33% 20% Am Crys Sug 3.25g_ 5 21% 20% 20% — *4
99% 88% Am Cryg Sug pf<6). 10s 88 88 88 '-5*4
13% 6% Am Encaustic Til.. 6 6% 5% 6% + y4
13% 4% Am & Foreign Pow. 25 6*4 5V4 6% - %
58% 25 Am & F P »6 pf .. 9 27% 26% 26% - *4
38% 13*4 Am & For Pw 2d pf 6 14*4 13 13 —2
11% 5 Am Hide & Leath :7 5% 5% 514 — *4
52% 39% Am Home Pr (2.40).* 1 39% 39% 39% — *4
17% 10% Am International_ 13 10% 10 10 — %
58% 28% Am Locomotive__ 13 29% 27 27 —3
125 88 Am Loco pf - 1 86% 86% 86%-1%
29% 16% Am M & Fdy (*4g)_ 6 17 16% 17
68% 39% Am Metal (%g)- 12 43% 42 42 -1%
16% 7 Am Pow & Lt _ 12 8 7% 7% — %
*701,. iAi/ a _ rt a * as ..a .ws .. _ . _ * 1 * 79
uuufo ^ A. — U,
87M. 494 Am P& L $6 pf (6). 2 60 49M. 50
29V* 154 Am Rad & St SC60) S8 16 lift, 154 _ u
4514 3014 Am Rolling Mill (2) 27 3214 31V* 31V*—*.
101*4 88 Am Roll M CTpf 4V4 12 904* 89 89 -2
36 2314 Am Safety Raz (2). 2 26 2514 26 + *4
58 3514 Am Shipbldg (2a)10s 37 37 37 _i
105*4 69V* Am Sm & Ref (4g).. 35 7344 72 72 -1*4
73v* 32 Am Stl Foun l.BOg.. 20 3714 36 36 .-l*.
26>4 12*. Am Stores (1.50g)-_. 23 12*4 12 124—4
564 354 Am Sugar Ref (2)1 36*4 36*4 36**+ v*
254 20 Am Sumatra (la)_ 2 21Mr-214 214 + V*
187 157 Am Tel & Tel (9)... 23 16114 169 169 -2
99 73*4 Am Tobacco (6)_ 1 7214 7214 72*4 -2*4
9974 7 41* Am Tobacco B (5).. 16 7314 71** 71** -3*.
1504 128V* Am Tob pf (6)- 1 138 138 138 + 14
204 94 Am Type Fdrs .... 3 91* 9** 9**- s*
2914 141, Am Wat Wks (.60g) 24 1514 15 15 — »,
14*4 7V» Am Woolen 6 8 71* 714 - »,
79 48*. Am Woolen pf (3k). 4 5014 49*» 49*4-*,
20 6*, Am Zinc L 4 S . 27 11 10*4 104 — 1*
79*, 444 Am Z&Ld pr pf 14i 1 49 49 49-1
69>j 39»* Anaconda (1.25g).. 156 42** 40»* 40*4 -m
24** 1714 Anchor Cap (,4ng).. 3 191* 1914 19V* - i,
111 1024 Anchor Cap pf 6 H.. 30s 105 1041* 104>4 +2
101* 5M. A P W Paper .... 2 5 41* '414 —1
46 384 Arch-Dan-M l.BOg.. 1 394 394 394 — *,
13*4 7 Armour 111 (.B5g)_ 25 9*» 94 94 - V*
994 81*4 Arm 111 pr pf (6)_ 2 80 79*. 79*. -2V*
126 96 Armour 111 pf (7).2 100 100 100 -14
704 60 Armst'g Ck (l.BOg). 4 5014 494 494-]
161* 10 Arnold Const (Tig). 6 104 10 10 — *»
17** 54 Artloom 2 64 6*» 6*» - 1*
24** 12** Asso Dry Goods_ 6 124 12** 12**— 4
94*« 564 Atch T & S F (2g)„ 48 61** 58 58 -34
104 90 Atchison pf (5) __ 1 90 90 90
654 33 Atlantic Coast Line 9 37 364 364 —14
29 10 Atl Gulf* Wind .. 2 114 11 11 + 1
44 154 Atl Gulf*W Ind pf. 4 16 15 15-1
37 234 Atlantic Refin (1)13 254 24** 24** — 4*
1164 104 Atl Refining pf (4). 3 105 1034 1034 -4
.184 134 Atlas Corp (.80)_ 22 13** 134 134—1,
52*. 49 Atlas Corn pf (3)_ 2 49 48** 48** — 4
18V* 74 Atlas Tack (,50g)_ 2 7** 7** 74 + V*
36** 12 Auburn Auto - 2 134 184 134 -14
9V, 4 Austin Nichols_ 4 44 44 44
524 274 Aust Nich pf A(Sk) 10s 264 264 264 —1
94 44 Aviation Corp _ 6 4** 44* 4**
23»* 13 Baldw Lo ctfs w.i... 89 134 12 12 —14
40ia 174 Balto& Ohio _ 22 194 184 184 — 4
47*» 204 Balto & Ohio pf_ 2 23 23 23 — **
43** 20 Barber Co (4 K)_ 4 224 214 214 -1
42 34 Barker pf (24)-x 10s 31** 314 314-1*
354 164 Barnsdall (1) . 13 194 194 194 — 4
20V* 114 Bayuk Cigar .564g 2 12** 124 12V* — 4
284 19 Beatrice Cr (la) _. 1 194 194 194 — 4
105**101 Beat Cr pf ww (5).. 1 100 100 100 —14
*«74 ormui-ncui j__ 1 II II 11
30V* 15b Bendix Avlat .75*.. 16 16% 16b 16b + b
2S% 19b Benef Ln (1.32Hg). 1 19b 19b 19b
62% 47b Best* Co (2 Ha)... 2 48 47 48 - %
106b 73 Bethlehm Stl 2.50g. 87 75b 72 72 -3
20 17 Beth Stl 6% pf (1). 4 17 17 17 - b
129b 108 Beth Stl 7% pf (7). 1 109 109 109
69% 45 Bigelow-San (3g)._ 3 45b 45b 45b — %
29% 16 Blaw-Knox (.70g) _. 2 17% 17b 17%+ b
32b 20b Blmgdale( 1.22 HS)- 10s 20b 20b 20V*
94b 72 Blumenthal pf_ 10s 70 70 70 —2
49% 22b Boeing AirpJ 25 25% 24 24b — b
48b 37 Bohn Alum <2.75g). 2 87b 37 37 — ^
93 84b Bon Ami (A) (4) .. 50s 84V* 83b 83% -1%
46b 41 Bon Ami(B) (2.50).. 50s 43 42% 43 + b
25 19 Bond Stores (1.60). 1 20 20 20 t-1
28 20b Borden (1.60) 13 22% 21% 21% - b
60% 38 Borg-Warner (2)... 21 41% 39% 39% -2%
15% 5% Boston & Maine__ 2 6% 6b 6b + %
35% 26b Bower Roll Bg(2g)_ 2 27 26b 26b— b
23b 13 Bridgpt Brass .65g. 32 13b 13 13b— b
59b 36b BrigisMfg (2.50g). 18 36b 34 34 -2b
53 12% Bklyn-Man (2Hg). 42 13 11% 12 -lb
102b 39% Bklyn-Man pf (6)._ 12 36 S3 33b -6%
8 2 Bklyn& Queen* ... 9 2% 2% 2% — b
52% 25 Bklyn Un Gas 2.S0g 2 25% 25b 25b — V«
50 41b Brown Shoe (3)_ 2 41b 41 41 — b
24b 13b Brunsw-Balk .50g._ 9 14b 13% 13% — b
25b 12b Bucyrus-Erie .25g_. 15 12% 12b 12b — %
117b 101 Bucyrus-E pf (7)_40s 103 103 108
14% «HBuddMfg_ 16 7% 7 7 -%
98 67b Budd Mfg pf_ 10* 60b 60b 60b-fib
13 5% Budd Wheel (,20g)_ 8 6b 6b 6b — b
45b 24b Bullard Co (1)_ 6 26 25 25 -lb
65b 44b Bulova Watch (4a). 10 45b 44 44 —1%
35% 22b Burr Ad Mch(.65g). 11 25b 24% 24% - b
11% 3b Bush Term (r)_ 1 4b 4b 4b — b
18b 12% Butler Bros (.60)... 3 13V* 13V* 13V*
36b 26 Butler Bros pf(lH) 6 27b 26b 26V* — %
9b 4b Butte Copper & Z... 7 4b 4% 4%
33% 13b Byers Co . 4 14% 14 14 - %
43% 22 BVron Jack ((lg)_ 2 23% 23 23 -b
48b 30 Calif Pack dHa)._ 4 30 30 SO - b
6b 2% Callahan Z-Ld 11 2b 2% 2%
20b lib Calum & Hec 1.10e_ 20 lib lib 11b— %
37* 24 Campbell Wy (1)— 2 25V4 25 25 -*
38% 16* Canada Dry G Ale.. 95 17* 15 15* -1*
17* 9* Canadian Pacific-.. S3 10* 9* 9* - *
18* 10* Cap Adm A (%g>—. 2 10 9* 9*-*
35* 24 Carpenter Stl 1.60g. 1 25* 25* 25* - *
9* 5* Carriers&Gen .15g— 1 6* 5* 5* — *
191*130 Case (J I) ..._ 9 140 184 134 -6
129% 110% Case (J I) pf (7)--.* 10*114 114 114 -1
100 77* Caterpillar Trac(2) 4 79* 79 79 - *
41* 26* Celanese (2.25g)_ 11 30* 29* 29*-*
48* 28 Celotex (.80g)_ 2 31* 31 31 -1
82* 61 Celotex pf (6)_ 20« 63 63 63
12% 4* Central Fdy _ 3 6* 6 5 - *
24% 7* Central Violeta Sug 1 8* 8* 8* + *
115 98* Century R M pf (7). 10s 95 95 95 -4*
86% 53 Cerro de Pasco (4). 6 54 53 53 —2
23% 8 Certaln-teed _ 5 8* 8* 8* — *
82 35 Certain-teed pf. 120s 37 35* 35* -1*
63% 35* Champ Pap &F (2) 6 48 47 47* +3*
111 107 Champ P& F pf (6) 30s 108 108 108 +*
90* 52* ChesCorp (3) .. 3 64 53 53 -1*
68* 41% Chea&Ohlo (2.30a) 18 42* 41% 41*-*
13* 4 Chi & East IH pf(r). 1 4* 4* 4* + *
4 1* Chi Gt West (r) ... 4 1* 1* 1*
18* 5* Chi Gt West pf <r)_ 6 7* 7* 7*
32 19* Chi Mall Or (l*a)_ • 1 20 20 20 - *
3* 1% Chi M St P& P <r)_. 6 1* 1* 1%
7* 2* Chi M St PfcPpf(r). 3 2* 2* 2*-*
6* 2V. Chi & N W (r) 11 2* 2* 2*-*
19* 6* Cht & N W pf (r)_ 6 8 7* 7*-1*
33 16* Chi Pnau Tool_ 5 17* 17* 17* - *
45 35 Cht PneUTcypf(S) 2 37 37 37 -3
8* 2* CRI&P6* pf <r). 1 3* 3* 3*
10* 3* CRI*P7% pf (r). 14 4 4 4 + *
27* 12 Chi Yell Cab(l%g)_ 1 11* 11* 11%-%
15* 7* Childs Co_ 6 7* 7* 7% - %
135% 90* Chrysler (7g)_ 114 96* 92* 92*-2*
21* 15* City Ice* F (1)- 6 15* 15* 15*-*
92 76 City I&Fpf (6*). 80s 75 75 75 -1
10* 4* City Stores-j... 8 6* 6* 6* - %
48 32% Clark Equip 1.30g._ 1 35 85 85 — *
48* 35 Clev Graph Bl*g. 3 36* 36 36 -1*
29* 18* Cluett Peabody (1). 15 18* 18 18 -*
170*122 Coca-Cola (3) _ 6 188 132 132 -7
25% 14* Colgate-P-P (.50).. 20 15 14* 14*-*
104* 102 Colg-Palm pf (6)_ 2 102* 102* 102*
62% 39 Collins & Aik (4g)_. 6 40 39 39 -1
51* 23 Colo Fuel & Ir (lg). 1 23 23 23 -2
32 23* Col BrdcstS A 1.05g. 1 25* 25* 25* - *
20* 10 Colum G&E < 20g) . 81 10% 10 10 — *
108 80 Col G & El pf A (6). 2 87 87 87
39* 19* Col Plct vte (la)... 8 20 20 20 - *
125*101 Col Carbon (4a) ... 3 102* 100 100 -2
69V. 61 Cornel Credit (4a).. 14 53 62 52%-%
114 97 Cornel Cred pf 4% - 1 95* 95* 95*-2
80V» 61 Cornel invest Tr(4) 123 61* 60* 50* -1*
21* 10% Cornel Solv (.60)... 22 11* 11 11 -%
4* 2 Comwlth & Sou_ 240 2* 2 2
75% 41 Com & Sou pf (3)_ 1 44 44 44 -1
19* 8* Conde Nast _ 2 8* 8* 8* - %
45* 31* Congoleum-Nrn(2). 9 31* 31 81 — *
22 10 Conn Ry & Lt pf_ 20s 11 10* 10*+%
33* 14 Consol Aircraft 6 15* 15 , 15 - *
95 83 Con Clg p pf tw 6* 10s 82 82 82 —1
49* 30% Consol Edl (1.60g). 64 32* 31* 31* -1%
108 99* Consol Edlapf (6).. 4 101*101 101 — *
6* 2 Conaol Film _ 8 2% 2% 2* - %
17* 12 Consol 011 (.80a)... 89 12* 12% 12*-*
10* 4% Consol RR Cuba pf. 6 6* 6 5 - %
1* * Conaol Textile (r)_. 4 * * *
18% 7 Consol Coal_ 4 8 8 8
62* S3 Conaol Coal pf_10s 88 88 88 -8
Prev 1837 Stock and Bales— rm
High Low. Dividend Rate. Add 00. Rich. Low. Close. ctage
37% 20 Container <1.20>_._ 10 21% 21% 21%
87% 16% Conti Baking A~™ 6 16% 16% 16% — %
6% 2 Conti Baking B__ 8 2% 2% 2% — %
69% 50 Conti Can (I)_ 16 64% 63% 64 — %
26% 11% Conti Diamond l%g 3 12% 12% 12%—%
42% 30% Conti Ina (1.60a)_ 2 82% 82% 82% — %
3% 1% Conti Motor _ 16 2 2 2 — %
49 36% Conti 011(Del)l%g. 26 39% 38 38 -1%
86% 21 Conti Steel (1)- 2 21% 21% 21%+%
77 56% Corn Exchange (8). 170* 67% 66% 66% -1%
71% 64% Corn Prod (8)_ 9 69% 68% 68%-1
10% 6% Coty- 14 6% 6% 6% - %
66% 38% Crane Co_ 8 39 37% 37% -2%
116 100% Crane Co cvpf (5).. 1 107% 107% 107%
100% 49 Crown Cork (2)_ 10 63 60% 50%-2%
25V* 16% Crown Zeller (%g). 19 17% 16% 16% — %
81% 61 Crucible Steel_ 4 66% 62 62 -5
3 1 Cuba Co-_ 80 1% 1% 1%
6% Cuban-Am Sugar™ 8 7 6% 7
43 22% Cudahy Packing__ 8 24 20% 21 -8%
20% 7% Curtis Pub _ 6 8 8 8 — %
8% 4% Curtlss-Wrlght- 44 4% 4% 4% — %
23% 14 Curtlss-Wrlght A._ 19 14% 14% 14% — %
24 15 Davega St pf (1%). 1 15% 16% 16%+ %
109 99% Dayton P&L pf 450i 102% 102 102
143% 100 Deere & Co (2g)_ 3 109 105 105 -6
68% 23 Del & Hud _ 13 27% 26 26 -1
24% 10% Del Lack * W _ 6 11% 11% 11%—%
10% 2% Den & Rio G W (r). 2 "3% 3% 3% - %
146% 100 Detroit Edis (6g)..x 2 107 106% 107 +%
22 9% Detroit & Mac _ 70s 11 11 11 + %
40% 33 Diam Mat pf(l%aj. 12 34% 34 34% -2%
29 16% Dlst Corp-Seag . .. 15 17% 16% 16%-1%
46% 28 Doehler Die C (lg)_ 4 31 31 31 + %
12% 8% Dominion Strs__ 1 6% 6% 6%-2%
77% 35 Douglas Aircraft... 84 57 35% 35% —2%
159% 103 DowChem <2.60g).. 1 107% 107% 107% -1%
65 37 Dresser A (3e)_ 2 35% 35 36 -2
39% 19% Dresser B (le>_ 1 18% 18% 18%-1
3% % Duluth SS&Atl pf.. 2 1 1 1 - %
180% 142 Du Pont deN(4%g). 11 148 146 146 -3%
17 8 Eastern Roll .... 3 9 9 9 — %
198 151 Eastman Kodak (8) 6 177 176% 176% - %
16 7% Eitlngon Sch .6 7% 7% 7% — %
29 21% El Paso Nat G (2) _ 9 22% 22% 22%+ %
46% 30% Elec Auto L(2.20g). 6 31% 31% 31% - %
16 8% Elec Boat_ 5 8% 8% 8% — %
7% 4% Elec & Mus (.18e)._ 38 4% 4% 4% - %
26% 14% Elec Pow & Lt_ 176 16 14% 15 - %
87 63 Elec P&L 86 pf_ 1 53% 63% 63%-2
92V* 57 Elec P&L pf .... 6 67 65 65 -4
44% 30% Elec Stor Bat (21... 1 30% 30% 30% -1%
8 2% Elk Horn C"1 pf (r). 3 3% 3% 3V*
115% 105% Endlcott-Joh pf(6). 10* 107% 107% 107% -1%
17% 7% Eng Public Service. 1 8% 8% 8% + %
9% 3% Equit Off Bldg_ 4 3% 3% 3%
23% 9% Erie R R . 3 10% 10% 10% - %
35% 14% Erie 1st pf . 2 16 16% 15%-1%
14% 4% Eureka Vacuum Cl- 16 6 6
34V* 14% Evans Prod (1)_ 2 15% 15 16 — %
6% 2 Exchange Buffet_ 1 2% 2% 2% + V*
5% 1% Fairbanks Co _100» 2% 2% 2%
70 40% Fajardo Sugar(3g). 3 43 42 42 -1
29% 14V* Federal Lt & Trao.. 1 14% 14V* 14%
129 94V* Fed Min & S pf (7).. 1 100 100 100 -1
11% -4% Federal Motor__ 4 4% 4% 4% — %
11% 4% Federal Screw_ 3 6% 5 5 — %
6 2% Federal Wat Svc A. 6 2% 2% 2% — %
43% 26 Fed Dept Strs (2) . 2 25% 25V* 25% — %
45% 31 Fid Phoenixll,6lla). 3 32% 32V» 32% — %
41** 26»* Firestone (1 V4g• — 2 28 27'4 27Vi — **
10714 1011* Firestone T pf <6) . 2 99T* 99 99 -2'*
52'* 37 First Nat Strs(2>*) 2 38H 38 38 -1*
46'* 20 Flintkote (1) _ 31 20** 18*4 18*4-2**
9T« 2*» Follansbee Bros_ 10 3*» 31* S'4
58 37'* Food Mach (2.50a).. 4 40 39 39 —Vi
98 94'4 Food Mach pf (4',j). SO* 94'4 9114 9414 — *4
5414 2314 Foster Wheeler _ 1 25 25 25 —114
135 95V* Foster-Wheeler pf . 20* 90 90 90 —51*
18*4 61* Francisco Sugar_ 2 614 6!i 6>4 — 4«
32Vi 241* Freeport Sul <lg)__ 12 26V, 25** 25** — V*
73 30 Fuller Co pr pf_ 50* 32 32 32
15*» 8 Galr (Robert)_ 5 8»* 8'4 814— 14
no O_tl 4 in. 4 n * <n n
1064 934 Gannett cv pf (6).. 20* 964 96 96
194 9 Gar Wood Ind (4 g) 1 94 94 94
154 10 Gen Am Inv_ .. 3 104 104 104 + 4
864 50 Gen Am Trn8(l>4g) 6 494 48 48 —2
194 94 Gen Baking (.60)... 6 10 94 94 -4
14 5 Gen Bronze_ 1 54 54 54
324 144 Gen Cable_ 5 164 16 16 -4
65 32 Gen Cable A_ 1 324 324 324 -4
624 28 Gen Cigar (2.50g).. 3 284 28 28 -4
644 434 Gen Klee (1.20g)...x 106 454 434 434 - 4
444 344 Gen Foods (2)_ 11 344 344 344
34 14 Gen G& El A _ 7 14 14 14-4
704 48 Gen Motors (24g). 193 504 49 494 —14
1224 113 Gen Mot pf (5)_ 2 118 1174 118
604 35 Gen Out Adv A_ 1 36 36 36
19 134 Gen Prtg Ink(.60g). 1 144 144 144 —4
54 14 Gen Pub Svc ...... 1 24 24 24
664 274 Gen Ry Signal (1).. 4 29 29 29
54 24 Gen Real & Util_ 10 24 24 24 - 4
704 374 Gen Refract (2h)_ 1 38 38 38 -2
88 36 Gen Stl Cast pf . 30* 39 374 374 -14
334 194 Gen Theater Eq .75g 3 19 19 19—4
384 18 Gen Tire & Rubber. 1 184 184 184
204 12 Gillette Saf R .75g.. 9 124 124 124 -4
884 70 Gillette pf (5)_ 1 694 694 694 - 4
294 144 Gtmbel Bros .. .. 46 144 13 13 -2
904 75 Gimbel Bros pf (6). 3 72 704 704 —44
514 334 Glidden Co (2a)_ 9 344 344 344 -4
64 24 Gobel Adolf _ 12 34 3 34
84 34 Goebel Brew (,20a). 6 4 4 4
604 274 Goodrich (BF) 1« . 10 284 274 274 -14
474 274 Goodyear T&R 1.50* 52 314 304 304 -14
141 100 Goodyr T&R pf (5) 3 1024 1024 1024 -14
134 6 Gotham Silk H . 13 74 64 64 - 4
96 74 Gotham Silk pf (7). 10* 754 754 754 -14
44 24 Graham-Palge__ 45 24 24 24 — 4
15 64 Granby Consol__ 2 74 7 7 —4
64 2 Grand Union_ 1 24 24 24 + 4
274 144 Grand Union pf 2k.. 2. 154 154 154
564 37 Great Nor Ry pf _ 45 42 39 39 -24
284 164 Grt Nor Ore ct(4g) 8 174 164 164 — 4
424 304 Grt Wst Sug(2.40a) 2 31 304 304 + V*
394 25 Green (HL) (1.60a) 1 254 254 254 - 4
164 114 Greyhound (.30).__ 17 124 \J2 12 — 4
44 14 Guantanamo Sug__ 2 14 14 14 — 4
59 31 Guantanamo pf_ 10* 33. 33 33
594 30 Gulf Mob & Nor pf_. 3 33 314 314 + 4
204 94 Hall Print _ 4 104 10 10 + 4
31 254 Hamilton W (1.25g) 1 264 264 264 - 4
684 32 Harb-Walk (l.EOg). 6 334 324 33 - 4
8 9%. Pav*« RnHr ft 1L. 4k 4k k
15* 9% Hecker Prod (.60a). 11 10* 10 10 - *
6% 5* Here P rts Oct 14__ 60 5% 5% 5% — %
67% 54 Hershey Choc (3)__ 5 62 51* 51* —2*
111 98 Hersh cv pf (4a)_ 6 99 95 95 —4%
62% 27* Holland Furn 1.50g. 5 28 28 28 — *
120* 100 Holland F pf (5)_ 70* 100* 100 100
30% 18* Hollander (1)- 2 19* 19 19
43* 23 Holly Sug (2%g)__. 6 25 24* 24*-*
60* 44% Homestake Min 4*. 4 46 46* 45* + V*
41 31 Houd-Her A (2*).. 2 32 32 32 - *
27* 17* Houd-Her B (1*).. 5 18* 18 18*+*
73 67 Household Fin (4). 1 58* 58* 58* -1*
94 86 Househld Fin pf (5). 1 86* 86* 86*-2*
17% 10 Houston OH_ 25 10% 10% 10%-%
90* 62 Hows Sound (3s)_ 3 65 63* 63*-2%
23% 1044 Hudson Motor_ 14 11* 11% 11% - *
4% 3 Hupp Motor_10 3H 3% 3%
38 15* Illinois Central_ 6 17 16* 16*-*
47* 28* Indust Rayon (2).. x 7 31* 29% 29% —1%
131% 94 InlandSteel (4a)_ 6 100% 99 99 -1*
33* 17 Inspiration Copper. 15 18% 17* 17%-1
6 4* Insuranshar (.10g). 4 4% 4% 4%
13% 5* Inter Rap Tran (r). 1 5* 6* 5*— %,
11* 4% Intercontl Rubber.. 2 6* 5 5 — *
28* 15% Interlake Iron .40g. 34 15V* 16% 15% — *
9* 3* Inti Agrlcui _ 9 4% 3* 3* - %
189 137 Inti Bus Mach (6a). 1 147 147 147 - *
120 90 Inti Harv (2.50a)... 16 94* 92 92 -3*
16* 8* Inti Hydro-Elec A-. 18 9 8* • 8* - %
15% 5* Int Msr Marins_ 8 6% 6% 6%
18V* 9% Inti Mining (>46g)„ 15 9% 9 9 - %
73% 51% Inti Nickel (1.50s).. 67 64* 52% 52% -1*
19% 17% Inti Pap* Pow new 52 18* 16* 16*-1%
68* 61 Inti Pap & P pf new 45 67% 63 63* -3*
57* 43* Int Ry Cent Am pf. 60* 47* 45 45 -2*
62 31% Inti Silver _ 1 35 35 35
15* 7% Inti Tel & Tel- 43 8% 8% 8% - %
36* 17* Interst Dep S2%g. 4 18* 18 18
107* 88 Interst Dept pf (7). 10» 87 87 87 -1
26* 12* Intsrtype (,30g) _. 2 12* 12 12 - *
127 117 Island Creek pf<6). x 30* 116* 116 116 +*
155 98* Johns-Manv (3a)... 6 105 102* 102*-2*
126 120 Johns-Manv pf (7). 60* 125 123* 125 +3
136 106% Jones&Lau pf 5.25k. 20*111 110 110 -1
46 26 Kalam Stovs (la).. 3 26 25% ' 26% - %
29 10 Kansas City Sou 8 11* 10V* 10% -1
44* 20 Kansas City Sou pf. 1 21 21 21
36 24* Kaufmann Dep 1.60 4 24% 23V* 23% -1%
27% 17* Kayser (J) .1.50g— 4 19 19 19 + %
23% 11 Kelsey-Hayes A- 3 14 14 14
19* 8* Kel-HayeS Wh B- 3 10% 9% 9% - %
69% 45* Kennecott (2t)- 78 48V* 46V* 47 -1*
20* 11* KeystonsS&W(.«0) 8 13 12% 12%+%
46% 80 Kimb-Clark (la)— 8 82 31* 31* + *
85* 18 Kinney pr pf-130s 22* 22 22* + *
15* 6* Kresge Dep Stores. 2 7% 7% 7% + %
29% 20 Kreqge (S S) -90g.. 5 20* 20% 20%
24% 18 Kroger Oroe (l.€Q). 3 18* 18* 18*
27* 13* Laclede Oas- 20* 13* 13* 13*
41* 20 Laclede Oas pf- 70* 22% 22% 22* +2*
24 17 Lambert (2) _ 4 17* 17% 17% - *
17% 9* Lane Bryant(%g).. 1 10 10 10 + *
51* 22 Lehigh Port C (1%) 4 22% 21% 22%
203 110 Leh Port C pf (4).. 20*110 110 110
3% 1* Lehigh Valley Coal. 3 1% 1% 1%
18* 6 Lehigh Val Coal pf. 2 8 7% 7%
24* 9% Lehigh Valley R R. 4 10% 9* 9* - %
43* 32* Lehman Corp (la) x 12 34* 33 33 -1%
58% 35 Lerner Stores (2a). 2 36% 36 36 —1
79 66 Lib-Ow-Glass (3g) 5 60% 69* 59*+ W
15% 9% Libby Mc^&L 1.40h 8 13 12% 12Vt - %
113% 92 Ligg & Myers (4a). 1 92 92 92
114 93% Liggett* M B <«a). 6 93* 92 92 -1%
83* 39* Lima Loco (lg) . 9 44 42% 42% -1*
26* 21% Liquid Carb (1.60a). 1 22 22 22
87* 64* Loew’s Ino (6g)- 80 72* 68 68%-3%
3* 1 Loft ..— 4 1% 1* 1*
75% 88* Lone Star Cam (I)- 17 39 38 38 - *
• 10% 4 Long-Bell A- 1 4* 4* 4* + *
43% 26 Loose-Wll Bis (2).. 2 26 25% 25%-%
28% 19* Lorlllard (P) (1.20) 6 19* 19% 19% - %
28% 18 Louisv GAE A 1*.. 1 18% 18% 18%-%
99 70 Loulsv *Nash(5g). 2 70 70 70 —2
41% 26 Ludlum Stsel (1)_ 4 26% 26 26% - %
86 80 MacAnd A r (2a)_ 1 80 80 80 - %
182* 127* MeAndrews pf (I).. 80* 127* 127* 127* -S
Prey. 1937 Stock and Sale*—
Hlth. Low. Dividend Rat* Add 00. High. Low. Close. eh«e
36 19 McCall Corp(l%g). 3 19% 19% 19% - %
28% 14 51cGraw-Hlll .57%. 2 16% 15 16%+ %
42% 82% McIntyre Pore <2)_ 4 33% 33 33
42% 28% McKeesport T (2).. 8 28% 28% 28%—%
16% 9% McKesson A Rob... 16 11% 10% 10%—%
47% 39% McKess A R pf <*). 2 40% 40% 40%+%
19 10% McLellan Strs(%g) 3 11 10% 10% — %
112% 92 McLellan pf (6)_„ 20* 92 92 92
62% 32 Mack Trucks d)___ 4 33 31 31 -2%
68% 37 Macy (R H) (2a)._. 14 39% 38% 38%-%
16% 10% Mad Sq Gar (1.16g). 4 12% 12% 12%+ %
30 10 Manatl Sug pf tr)__ 20* 10 10 10
16% 6% Man Ry mod gtrt(r) 3 8% 8 8
29% 16% Manhat Shirt (1)_ 1 16% 16% 16%-%
6% 2% Maracaibo Oil__ 2 2% 2% 2% + %
14% 8% Marine Midi <.40a)_ 14 8% 8% 8%
30% 18% Marshal Field_ 16 19% 18% 18% -1%
29% 14% Martin (Glen)_ 7 16% 16% 15% - %
13% 4% Martin-Parry_. 2 6% 6% 6% — %
74 37 Masonite (la)_ 2 37% 37 37 -1
41% 29 Math Alkali (1%) .. 3 29% 28% 29%
66% 61% May Dept Stra (3a). 4 51 49% 49% -2
16% 6% Maytag_ 2 7% 7 7 — %
34% 17% Mead Corp (lg)_ 10 22% 22 22 -1
86% 63 Melville Shoe (6)_ 1 62 62 62 -1
16% 7% Mengel ... 3 7% 7% 7% - %
72% 48 Mesta Mach(3.75g). 4 60 60 60
26V* 12% Miami Copper .. 20 13% 12% 12% - %
36% 21 Mld-Cont Pet (%g). 8 24 23% 23%-%
48% 32 Midland Steel (2)._ 1 34 34 34 -IV*
120 91% Mlnn-Hon Reg (8)_ 3 90 90 90 -3%
124 108 Mlnn-Hon pf B(4)_. 10s 105% 105% 105% - %
16% 8% Minn-Mol Imp __ 11 9% 8% 8% — %
6V* 2 Minn StPASSm LL*. 60s 2% 2V* 2%
9% 4 Mo-Kan-Texaa_ 7 4% 4% 4% — %
34% 16 Mo-Kan-Tex pf_ 14 16 15% 15%-%
12V* 3% Mo Pacific pf (r).„ 11 4% 4 4 -%
40% 26 Mohawk Crp(1.20a) 3 26% 25% 25% -1%
107% 85 Monsanto Ch l%g_. 4 92% 90 90 -1
69 47 Montgom Ward(2a) 81 49% 47 47% -1%
66% 51 Morris &Esx (3%). 20* 52 52 62
3% % Mother Lode _ ... 14 1 % %
88% 26% Motor Prod (2.60g). 9 27% 27 27 - %
26 17 Motor Wheel d.60). 9 17% 17% 17% - V*
15V* 9 Mullins Mfg (B).._ 2 9% 9% 9% + %
99% 78 Mullins pf (7) ... 10s 77 77 77 -1
36% 15% Munsingwear 1.50a. 2 17 17 17
90 67 Murphy <G C) 3.60. 1 68% 68% 68% -1
20% 8% Murray Corp__ 2 9% 9 9 — %
24% 14% Nash-Kelv (1)_ 26 16% 15% 15%-%
24 16V* Natl Acme (%g)_ 2 17% 17% 17% - V*
18% 8% Natl Aviation __ 2 8% 8% 8% — %
33% 22% Natl Biscuit (1.60). 33 23% 22% 22%-%
167 145 Natl Biscuit pf (7). 2 154% 154% 154% + %
33% 19% Natl Bnd & Inv 1.44 3 22 21% 21%-%
69 48 Nat Bond A Shflg). 1 48 48 48
38% 24% Natl Cash Rkg(lg). 16 25 24% 24% -1%
26% 17% Natl Dairy P (1.20> 30 18 17% 17%-%
112 107 Natl Dairy PpfB(7) 40* 108 108 108 + %
24% 12 Natl Dept Stra_ 13 11% 10% 10% -1%
35 26% Natl Distill (2)_ 8 28 27% 27%-%
18% 8% Natl Gypsum...__ 9 9 8% 8% — Vi
44 29% Natl Lead (%)_ 14 33% 32% 33 -1
171 154% Natl Lead pf A (7). 1 156 156 156 +1
61% 35 Natl Mal’able 1.60g. 2 34% 34% 34% - %
14% 8% Natl Pw A Lt < 60). 11 8% 8% 8% — %
99% 70 Natl Steel (2.50a).. 3 80% 80 80 -1
41% 24 Natl Supply 32 27% 26% 26%-%
137 115 Natl Supply pf 3 %k 1115 115 115
12% 6% Natl Tea (,30g)_ 3 5% 6% 5% — %
13% 8% Natomas (.80) . . 3.9 8% 8% — %
109 100 Newberry 5% pf(5) 100* 106% 106% 106% + V*
37 17 New Orl T & Mx(r>. 40e 18 18 18
41% 22% Newport Ind d %g) 10 24% 23% 23%-%
98% 47% N Y Air Br <1%«)._ 4 60 48% 48% -3%
65% 25% N Y Central _ .. 168 29% 27% 28 -1
72 29% N Y Chi & St Louie. 4 30% 30 30
100 65 N Y Chi & St L pf _ 6 60% 69 59 -1%
31% 21 N Y City Om 2.40g_. 3 24% 23V4 23%—%
12% 4 NY Dock 80s 6V. Av. At. — v.
254 11 NY Dock pf_140» 13 124 124 -4
2 4 N Y Investors (r)__ 3 4 4 4
94 3 N Y N H 4 H (r)_ 8 34 34 34 -4
264 74 N Y N H & H pf (r). 4 9 84 84 -4
64 14 N Y Ont&West (r) 2 14 14 14-4
154 74 N Y Shipblds_ 2 8 8 8
1024 634 N Y Steam *6 pf_ 50» 91 91 91+4
112V* 73 N Y Steam 87 pf 50*101 101 101 + 4
272 212 Norfolk & Weat(10) 3 220 218 218 -2
174 74 North Am Avlat_ 37 84 8 84 —4
344 21 North Am '(.90g>___ 46 224 22 22 -4
574 484 North Am Co pf(3). 4 604 504 504 -4
1044 974 North Am Ed pf (6). 1 994 994 994
364 184 Northern Pacific .. 35 214 194 194 -14
634 38 Northwest Tel (3).. 30* 364 364 364 -14
64 24 Norwalk T & R__ 1 34 34 34 —4
224 144 Ohio Oil (4g)_ 10 154 154 154 -4
73 464 Oliver Farm_ 9 484 46 46 -24
264 10 Omnibus_ 7 134 124 124 - 4
454 294 Otis Elevator .80g— 7 314 30 30 -14
244 134 Otis Steel... 6 144 144 144 -4
141 1124 Otis Steel pr pf (7). 10* 140 140 140
97 73 Otis Stl 1st pf 54 - - 1 73 73 73 -4
28 20 Outboard M (2.50g) 3 20 194 194 - 4
75 62 Outlet (3a)_ 10* 504 504 504 -24
1034 824 Owens-Ill G114E-. 10 864 85 85 -24
23 154 Pac Am Fish (1.20). 2 16 154 154
154 44 Pac Coast_ 40* ’6 6 6
274 8 Pac Coast 2d pf_ 70* 11 11 11
38 274 Pac Gas* El (2)_ 13 284 284 284
534 38 Pac Lighting (3)_ 2 394 394 394 + 4
444 194 Pacific Mills(14g)_ 2 194 194 194
294 16 Pac West Oil (.65e) 2 174 17 17 -1
124 7 Packard Mott.25g). 85 7 4 7 4 74 - 4
44 14 Panhandle P&R (r) 1 14 14 14
121 60 Panhan P&R pf (r). 90* 60 60 60 -3
90 56 Paraffine (3g)_ 2 564 56 ' 56
284 164 Paramount Plot_ 134 184 174 174-4
2004 121 Paramount 1 pf (4) 1 130 130 130 -44
264 154 Paramount 2 pf(.«o: 4 164 16 16 -14
344 234 Park & Tilford (2).. 1 23 4 234 234 -4
84 34 Park Utah ... 11 34 34 34 -4
444 354 Parke Davis l.SOg _ 2 354 354 354
294 23 Parker Rust-Pr 14. 1 254 254 254
74 2 Parmelee Trans__ 2 24 24 24
101* fiu Palhn Vilm fi 8 U 81.. SV. _ U
23% 121* Patino Mines_ 13 13 12% 12%-%
71* 31* Peerless <.3ug)_ 5 51* 5% 5** + 1*
1031* 8114 Penney (JC) (3g)._ * 87 84 84 -21*
61* 2% Penn Coal & Coke... 3 314 31* 314 + 1*
1214 414 Penn-Dlxle Cement. 1 51* 5V* 5V»
291* 17*. Penn G1 S'd ct.50g.. 2 20»» 201* 201* + 1%
6014 301* Penn RRl %g)_ 40 311* 31 31V* - *»
63 42 Peoples Drug (la)- 1 41 41 41 -1
6514 391* Peoples Gas Lt 4k C. 7 40 39 39 -1
21i* 13S PetroCorp (.90g)_ 8 1414 131. 131. _ %
131* 6'* Pfeiffer Brew ,90g). 5 7 6** 6s* — V*
69T* 36% Phelps Dodge 114K- 23 87% 36% 361* -1%
641* 38 PhilaCo6% pf (3). 2 391* 39% 39% +1%
31* % Phila Read C&I(r)_ 3 1 14 14-1*
9514 70 Philip Morris (3)—. 7 87 85'* 85V* - %
64 48 Phillips Pet (2a)--. 29 49% 48% 49-1*
74i* 44 Phoenix Hos pf 314. 150s 45 45 45
1814 9 Pitts Coal. __ 1 9i* 91* 91* - 14
1414 10V. Pitts Coke & Iron ... 1 10i* 101* IO14 - 14
20 10% Pitts Screw (,45g).. 6 1114 11 11
122 79 Pitts Steel pf_180s 80 75 75 -814
8*4 314 Pi Lis United 1 314 3V* 314 - V*
47V* 18 Pitts &WVa_ 50* 20 19 19 -3
2914 20 Plymonth Oil l.OSg. 15 20** 201. 2014 - 14
331* 13% Poor* Co B._ 6 14 14 14 -14
1114 314 Porto Ric-Am 'I A... 1 3% 3'* 3T4
314 114 Porto R Am Tob B.. 18 IS IS 114—1*
31% 111. Press Stl Car. 25g_. 9 131* 121* 12S - V.
6514 63 Procter* Gam (2a) 5 63% 53 53 — S
11814 114% Procter & G pf (5).. 90* 117% 117V* 11714
52V* 36V* Pub SvcN J (2.60). 31 37% 36% 36%-1
72% 37S Pullman (1%)_ 11 40V* 39*. 39*. - V*
2414 15 Pure Oil... 54 16 15V* 15S - V*
112S 107% Pure Oil pf (*)_170« 110% 110% 110% + V*
23% 10*. Purity Bak (.45g).. 3 11V* 11% 11%
12% 71* Radio Corp_ 139 9% 9V* 9% - %
80 62 Radio cv pf f3 % )_ 8 67% 65% 65% -2%
10% 6T* Radio-Keith-O (r). 7 6% 6% 6% - %
37V* 29 Raybest-Man(l%g) 3 31 30% 30% + %
4% 1 Reis* Co . _ 2 1% 1% 1% - V*
22% 14% Reliable Strs (1) ... 3 14V* 13% 13%-%
35V* 14 Reliance Mf (.60a). 2 14% 14 14
29% 17 Rem Rand (1.05g)_. 24 18% 18 18 - %
9% 3% Reo Motor _ 12 4% 4 4 — H
47% 25% Republic Steel .. 125 26% 25% 25% -1%
124 100 Rep Stl cv pf (4%k) 2 100 98% 98% -1%
4914 21 Revere Copper & B. 3 23 22 22 — %
30% 19% Reynolds Met (1)._ 10 19% 19 19 - %
112 101 Reynolds M pf 5%.. 1 102% 102% 102% + %
58 48% Reynolds Tob B (»). 7 49% 49% 49%-%
31% 16 Ritter Dental .75g.. 1 16% 16V* 16% + V*
38 25 Ruberoid (.60)_ 4 26% 26 26 - %
9% 2V* Rutland pf_ 4 3V* 3% 3% + V.
46 29 Safeway Strs (2)... 7 30 29% 29% — %
•103 95 Safeway Strs pf (5). 10s 95 95 95
66 43% St Joseph Lead (2a) 16 48% 47% 4714-1%
11% 3% St L-San Frn pf (r) 5 4% 4 4 - %
20% 10 St L Southwn (r)... 20s 11 10 10
37% 18 St L Southwn pf(r). 10s 18 18 18
27% 14% Savage Arme(.75g). 2 19 19 19 -1
61% 35V* Schenley Dlstill(l). 3 36% 36 36
3% 1% Schulte Ret (r)- 1 1% 1% 1%
23% 8% Schulte Ret Spf(r). 2 8% 8% 8% - %
/
Prtv. 1937 Stock and Bale!— Net
Hlfh. Low. Dividend Rate. Add 00. High. Low. Close, chga
46% 38 Scott Paper (1.06«), 70s 40% 39% 39%
2% 1 Seaboard Air L (r). 10 1% 1% 1%
8% 8 Seaboard A L. pf (r) 4 3% 3% 3%
64% 27 Seaboard Oil (1)_- 6 29 28% 28%-%
11% 6% Seagrave Corp_*_ 2 6% 6% 6% — %
98% 76 Seara Roeb (3)_ B2 78 76 76 -2
34 20% Servel Corp (la)_ 15 22% 21% 21%-1
14 7% Sharp & Dohme_ 4 7% 7% 7%
17% 10% ShattuckFG (.60).. 12 11% 11 11
34% 20 Shell Unton (%g)_ 33 22% 21% 21%+ %
106% 102 Shell Un pf (5%)_ 1 103% 103% 103% -1
17% 9% Silver King (.‘J0g)_. 6 10 10 10 -%
68 33% Simmons (lg)_ 4 35 34% 34%-1
4% 3 Simms Petroleum_ 2 3 3 3 — %
60% 38 Skelly Oil O g) ... 16 39 37% 37%-%
197 85% Sloss-Sheffleld 8* I 10s 110 110 110
120 96 Sloss-Sheffleld pf(6J 80s 104% 104 104
64% 20 Smith (AO) ... 7 21% 21 21%
40% 22% Smith & Cor (1 %g). 4 22% 22 22 - %
29% 17 Snider Pack (1%*). 1 17% 17% 17%-%
23% 16% Socony Vac .60i)... 79 18% 18 18 — %
112 110 Sol Am pf ww 5 %_ 1 111% 111% 111% - %
6% 2% Sou Am G&F (.10g) 6 3 2% 2%
42% 30% South P.R.Sug (2a). 2 30% 30 30 - %
32% 21% Sou Cal Edia (l%a) 24 21% 21% 21% - V*
65% 29% Sou Pacific_ 86 34% 32% 32%-%
43% 18% Southern Ry_ 24 21% 20% 20% - %
60% 29 Southern Ry pf_ 1 30 30 30 -1%
9% 4% Sparks With_ 10 5% 5 5 - %
81 12% Spear & Co_ 2 14% 14% 14% - 1*
. 23% 13% Sperry Corp (.60g)_ 21 14 13% 13%-%
35 24% Spicer Mfg_ 2 26% 26 26 - %
28% 16% Spiegel Inc (%g)__ 23 17% 16 16 -1%
48% 29 Square D Co (,95g)_ 2 28% 28 28 -1%
16% 10% Stand Brands (.80). 19 11 10% 10%-%
12% 2% Stand Com Tob_ 10 4 4 4
14% 6% Stand Gas & El (r)_ 11 6% 6 6%
32% 13 Stand G& E pf (r)_ 24 14% 13 13%-1
65 29% Std G&E J6 prpf(r). 2 29 26% 26%-2%
72% 32 St G&E 7% p pf(r). 4 34% 32 32 -1%
60 37% Stand Oil Calif (la) 21 38% 87% 37%-%
60 37 Stand Oil Ind (la).. 14 40% 39% 39%—%
76 67 Stand Oil N J (la).. 30 68% 67 57%-1%
75 62% Sterling Prod(3.80). 2 63% 63% 63% — V*
21 13% Stewart-Warn(%a) 8 14% 14% 14%
33% 16% Stone* Web_ .19 17% 16% 16%-%
20 9% Studebaker__ 24 10% 9% 9% — %
22% 12% Sunshine Mng (3).. 8 14% 14% 14%
61% 33 Superheater (1.75g) 6 36 33 33 -2
'7% 3 Superior OH- 12 3% 3% 3% — %
47% 20 Superior Steel_ 5 23 21% 21%-1
39% 25 Sutherl’d Pap 1.60a. 1 26% 26% 26% + %
28% 20% Swift & Co (1.20)_ 9 20% 20% 20% - %
3+% 27 Swift Inti (2)_ 3 28% 28% 28% — %
23% 11% Symington ww ,35g. 7 12% 12 12
17% 9 Symington iw ,S5g_ 1 9% 9% 9% — %
8% 5% Telautograph (.SO). 1 6% 6% 6% — %
15% 9% Tenn Corp (%g)_ 3 9% 9% 9% + %
65% 47% Texas Corp (2)_ 64 50% 48% 48% -1%
9% 4% Texas Gulf Prod.— 12 6% 5 5 — %
44 33% Tex Gulf Sul (2a)_ 9 34% 34 34 — %
54% 30%Tex&PacRy__ 1 30 30 30 —1%
16% 9% Tex Pac C&O (.40)— 9 11% 10% 10%—%
15% 9% Tex Pac Land Tr_ 18 9% 8% 8% — %
13% 6% The Fair- 1 6% 6% 6% — V*
13% 6% Thermoid_ 6 6% 6 6 — %
8% 1% Third Ave_ 1 2% 2% 2% — %
10% 3 Thompson-Star_ 3 3% 3% 3% — %
40% 13 Thompson Starr pf. * 3 15% 14% 14% — %
21% 15% Tide-Water Ak( la i is 17 ie.'. 17 _ i_
281* 17S Timk-Det Ax ,50g _ 3 197» 19V* 19'4 — S
79 54'a Timken Koll B(3a)l 9 571* 57 57 -1
17 13S Transamerica Corp. 27 137» 13S 137» — V.
22S 9l» Trans & West Air _ 10 10 9' a la
27S 11 Transue & W(.30g) 1 US ll*4 US — S
11S 61» Tri-Coni Corp (Sg) 20 6S 6 6 t- S
40v» 29S 20th Cent-F 1.50g_. 24 30S 29 29S-IS
50 39 20th C-F F pf 1»4— 1 3714 3714 3714-8S
94 54 Twin City pf (7k)_10» 65 65 55
26S 12S Twin Coach (.30g)_. 13 147« 14 14!a + S
67* 2 Ulen&Co_ 3 2S 214 214 — V*
100'n 73 Und'w’d-El-F 3.25g. 3 75 74 74 -2
18S 16 Un Bag & I’ap new 15 17 151a 1514-114
111 8514 Union Carbide 3.20g 22 89S 871a 88 -1
28S 20S Un Oil of Cal t.85g). 9 22S 22 22
148S 102 Un Pacific (6)_ 7 106 104 104 —2
311a 24S Un Tank Car (1.60). 1 24S 24S 24‘* — v.
ao', zu', unit Aircraft (%g) 24 22*. 221, 22Vi — V,
24*, 10'* Unit Air Lines_ 14 12 1H* lit, — y*
30V* 21V* Unit Biscuit (1.60). 1 21 21 21 — v,
91 69** United Carbon (4a). 6 73** 73 73 + v*
814 4 UnitCorp_ 64 4V» 4 4 _ y,
461* 32V* Unit Corp pf (3)- 7 35** 35 35 — t,
16 9 Unit Drug < V4g)- 4 9** 9 9 — t,
26** 14V4 Unit Dyewood (la). 1 14J4 1414 1414 — 4*
914 5*g Unit Elec Coal_ 6 7v* 7 7 _ *,
63 40V* Unit Eng&Fy 1.50g. 1 41 41 41 + s,
86*i 64 Unit Fruit (3)- 5 67 66 66V4 -t- V*
17 11 Unit Gas Imp (1).. 33 11** 1114 114, — v*
16V, 6V4 Unit Faperbd (.30g) 2 7*, 7»* 7**
24*4 12V* US & Foreign Sec7 12 11** 11**—
341, llVi U S Freight (11*e). 2 12 12 12 — t,
137 8114 U S Gypsum (2) ... 8 8314 81V4 8114-1
70 46 USHoff Mpf (214) 2 46 45. 45 -1
43*4 26** U S Indus Alco- 11 28*. 26'4 26'. -IV.
15*4 6t* U S Leather_ 1 8 8 8 + t»
22** 12V, U S Leather A- 6 13V4 12** 12** — **
112 89 USLeaprpf 13V4k. 3 88 85 88 -6t»
<2Vi 39 U S Pipe (3)- 9 39'* 38s 33^ _ *
19‘. 7'4 U S Realty & Imp_ 16 8t, 7*» 7** _ *.
72S 38', U S Rubber- 60 41V* 39*, 39', -2S,
118 71** U S Rubber 1st pf._ 12 75V, 73'* 731* -4
105 75 U S Sm & Ref <8g).. 7 78 76*, 76>,
66 U S Smelt pf (3*4). 1 68V4 68', 68*. - *,
J261* 76 U S Steel . 446 89', 85*, 85', -3'.
150 121 U S Steel pf (7)_ 7 122*. 121', 122 —
136 120 U S Tobacco (5a)... * 1 120 120 120 -6
9'i 4", UnitStockyds (14). 4 5*, 5t* 51*
S'* 3V, Unit Stores A - 8 a 3*, 3*. - V.
108 42 Univ Pictures 1st pf 30* 45i, 44U 44 . -2
4', 1V4 UtilP&Lt A (r)_ 15 It, is 1*, - v,
1 Varlam o * 1 / i, ,.
39% 23% Vanadium Steel_ 10 24% 23% 23% -1%
44% 27 Van Raalte (2%g)_ 2 28% 28% 28%-%
12% 5% Va-Caro Chem _ 3 5% 5% 5% _ %
74% 35% Va-Caro 6 pf(l%k). 4 38 37 38 -2%
115 105 Va El & Pwr pf (6) -. 60a 111% 110% 111 + %
135 123 Virginian Ry pf (6). 1 119% 119% 119% -3%
98 67% Vulcan Detin (3g).. 10» 68% 68% 68% -1%
10% 2% Wabash Ry (r)_ 5 3 2% 2% — %
18% 6% Wabash pf A (r)— 1 5% 6% 5% _ %
33 24% Walgreen (2)_ 14 24% 22 23 -1%
92% 84% Walgreen pf ww 4% 6 86 85% 86 — %
51% 39% Walker H G&W(2). 3 41 40% 40%+%
18% 10 Walworth- 11 10a* 10% 10% - %
10% 3% WTard Baking B_ 3 4% 4% 4%
18 11 Warner Bros tlct.. 60 11% 11% n% — %
69% 55 Warn Bros Pic pf_ 1 50% 50% 50% -4%
12% 4% Warren Bros (r)... 6 5% 5 5 _%
46 31 Warren Fdy &P(2a) 1 31 31 31 -2
38% 22% Waukesha Mot (la) 1 22% 22% 22% — %
50% 34 Wayne Pump (2a).. 3 37% 36% 37%-%
66 34 WessonO&S <%a) 2 34% 34 34 -1
103 81 West Penn El pf(6) 90s 95% 95% 95%-1
109 90% W Pen El 7% pf (7) 10s 102% 102% 102% +1%
30% 23% West Auto Sup 1.60. 9 25% 24 24 -2
11% 6 Western Maryland. 7 6% 6% 6%—'%
4% 1% Western Pac_ 1 1% 1% i*.
11% 3% Western Pac pf__ 14 4 4 _ u
83% 33 West Un Tel 2.25« . 99 32% 30 30 -3%
57% 29% Westlnghse Air (1) 14 29 28% 28% -1%
167% 120% Westhse El&M(3g). 41122 117% 116 -6%
170 140 Westhse Elec pf 3g. 20a 137% 137% 137% -2%
,wheellngStl- 8 42% 40% 40% -1%
90% 73 Wheel Stlprpf (5).x 1 73% 73% 73% -2
33% 17% White Motor_ 12 18 17% 17% -1
18% 13% White Rk M Sp 1.40. 1 13% 13% 13% — %
6% 2% White Sew Mach__ 3 3% 3 3 _ y
46% 23V* White Sew M pf__ 2 24% 23% 23% — %
6% 2% Wilcox Oil & Gas_ 7 3 2% 2% - V.
5% 4% Willy* Overland_ 6 4% 4*, 41,
12 9% Willys-OVd pf .60.. 1 9% 9% 9% + u
12Vi 7% Wilson & Co (%)_ 12 7% 7% 7% _ u
91% 70% Wilson J6 pf (6)- 2 70% 70 70 — y.
65% 41% Woolworth (2.40)__ 25 43% 42% 42% - %
47 27 Worthington Pump 2 29s* 29% 29% — %
112% 81 Worthington pf A.. 10s 85 85 85 -4
128 75% Wright Aero - 30s 75% 75% 75% - %
76 64% Wrigley Jr (3a)- 1 65% 65% 65%+%
62% 38 Yale & Towne (.60). 1 39% 39% 39% +1%
37% 15 Yellow Truck _ 88 16% 15% 15s, -1
46% 32 Youn* Spring (3)._ 1 32% 32% 32%+ %
101% 62% Ygstwn Sh&T 2.50* 38 63% 61 61 -3
43% 30 Zenith Radio(l%g) 7 35% 33% 33% —1%
9% 3% Zonite Prod_ 4 4 3% 3% %
Approximate Sales of Stocks on the N. I. Stock Exchange.
11:00 A.M- 180,000 12:00 Noon_ 290 000
1:00 P.M. 360 000 2:00 P.M. _ 430.000
Total Sales for the day, 890,000
• Unit of trading 10 share*.
h«nkJimfr-*U-.rul>tcy or i.recclversh,I> or being reorganized under
bankruptcy act or securities assumed by such companies.
dividends in the foregoing table are annual dls
pursements based on the last quarterly or semi-annual declara
tion- unless otherwise noted special or extra dividends ere not
included.
.... J Ex dividend, xr Ex rights, a Also extra or extras, e Paid
last year, f Payable in stock, g Declared or paid so far this
y**r-. h Cash or stock, k Accumulated dividend paid or de
clared this year.
GENERAL MOTORS SALES
ABROAD ABOVE 1936
By the Associated Press.
NEW YORK. Septemebr 23.—Gen
eral Motors Corp. announced sales of
cars and trucks to dealers In over
seas markets totaled 27,253 units in
August, an increase of 9.2 per cent
over the like month in 1936.
In the first eight months sales of
246,415 units constituted a record for
that peroid and were 10 per cent over
the volume in the comparable period
a year ago.
HOLDERS APPROVE PLAN.
NEW YORK, September 23
Stockholders of Pittsburgh Steel Co.
have approved a recapitalization plan
which will result in elimination of
arrearages on the present 7 per cent
preferred Mock amounting on Octo
ber 1 to $43.50 a share, or a total of
around $4,583,000.
»
New Freight Cars
Placed at 49,327,
Seven-Year Peak
New freight cars installed in serv
ice by the Class I railroads in the
first eight months this year totaled
49,327, the largest number for any
corresponding period since 1930, the
Association of American Railroads
announced today. In the same period
last year 20,588 new freight cars
werfe put in service and 2,819 in the
same period two years ago. New
freight cars put in service in the
first eight months of 1930 totaled
64,418.
Of the new freight cars installed,
coal cars totaled 25,639; box cars, in
cluding both plain and automobile,
18,590; refrigerator cars, 3,717; flat
cars, 1,173; stock cars, 150, and mis
cellaneous cars, 58.
Class I railroads in the eight
months of 1937 also installed 226 new
steam locomotives and 38 new elec
tric and Diesel locomotives, the num
ber of new steam locomotives put
in service being greater than for any
corresponding period since 1930. In
the same period in 1936, 42 new
steam locomotives and 20 new elec
tric and Diesel locomotives were in
stalled and 27 steam locomotives and
101 electric locomotives in the same
perior In 1935.
New freight cars on order on Sep
tember 1 this year totaled 31.419,
compared with 22,354 on September
i last year and 7,240 on'September 1,
1935.
Erie Railroad—August net railway
operating income was $1,109,791,
against $1,366,457; In eight months
net railway operating income was $10,
750.013, against $10,061,103.
t _ 1
Feeble Rallies Fail to Hold
arid Volume Increases
With Recession.
Stock Averages ?
30 IB 15 60
Indust. Rails. TJtil. Stocks
Net change. —.3 Unc. —.3 —.2
Today noon. 81.6 30.3 37.5 57.6
Previous day 81 9 3C.3 37.8 57.8
Month ago.. 93.8 35.8 41.2 65.9
Year ago_ 90 8 40 8 51.4 68.4
1937 high_101.6 49 5 54 0 75.3
1937 low_ 81.0 29.2 37.4 57.1
1936 high.. 99.3 43.5 53.7 72.8
1936 low_ 73 4 30.2 43 4 55.7
1932 low_ 17.5 8.7 23.9 16.9
1929 high.. 146.9 153.9 184.3 157.7
1927 low_ 51.6 95.3 61.8 61.8
(Complied by the Associated Press.)
BY VICTOR EUBANK.
Associated Press Financial Writer.
NEW YORK, September 23.—Feeble
rallies failed to hold in today's stock
market and late selling knocked lead
ers down 1 to 4 points, with a few
suffering more pronounced declines.
Offerings were exceptionally light
most of the day, but buyers could be
tempted only with sizable concessions.
Greatest activity was in the last lap,
when prices were retreating.
Retarding influences, brokers said,
were America’s stiff note to Japan
on the Nanking bombing, possibly pre
saging imminent application of the
neutrality act and further cutting
commerce with the Orient; a revival
of doubts concerning corporation earn
ings in the light of mounting costs,
and the general inability of the mar
ket to follow through on recovery
moves.
Some traders shelved commitments
pending the President's expec’ed
speech at Cheyenne tomorrow.
Others shied away as a hint was
dropped by Secretary Morgenthau of
mutual action by the United States
and England to curb "hot money"
excursions through taxation.
Transfers approximated 800.000
shares.
The share list wa? "thin" through
out, changes of 1 to 2 points being
frequent on a single sale. Wide gaps
existed between bids and offers in
many issues, especially high-priced
preferreds, several of which fell sub
stantially.
United States Steel. Bethlehem and
Chrysler contested the trend for a
time, but fell later with the rest.
Westinghouse dipped sharply, al
kui/ugu umu*quauci iOr
this company were believed to be the
best for any similar period in several
years.
Douglas Aircraft tilted forward at
the start after its relapse of Wednes
day, then gave ground. Brooklyn
Manhattan Transit and Yellow Truck
were depressed by labor difficulties.
Down 4 to 7 or so at the worst were
Westinghouse. J. I. Case, Crucible
Steel, Pittsburgh Steel preferred. Para
mount first preferred and LoeWs.
Prominent on the set-back also were
U. S. Steel. Bethlehem, Republic, v
Wheeling Steel, Youngstown Sheet 6s
Tube. General Motors, U. S. Rubber,
Goodyear, Sears Roebuck. Montgomery’
Ward, American Tobacco "B,” Liggett
& Myers “B,” Du Pont. American
Telephone. Western Union. Aana
conda, Kennecott, Cerro De Pasco,
Coca-Cola, Canada Dry. Owens-Illi
nois. Amerada, Santa Fe, Pennsyl
vania, N. Y. Central, Northern Pacific,
American Locomotive. J C. Penney,
Deere and International Harvester.
NEW YORK COTTON
By the Associated Press.
NEW YORK. September 23 —Cot
ton continued to decline today under
further hedge selling on favorable
weather in the South and discouraged
long liquidation.
December eased from 8.56 to 8.51,
but the decline again encountering
resistance through trade buying. Prices
in mid-afternoon were the lowest so
far, representing net losses of 8 to
11 points.
Futures closed barely steady 14 to 19
lower. High. Low. Last
October _s 66 8 54 8.54
December_8 56 8.44 s 44-45
January _8.fin 8 48 s 49
March _8 To 8.56 8 56-57
May _8.811 8,«7 S.RT
July .. 8.91 8 76 8.76-77
Soot auiet; middling. 8.74.
Cottonseed Oil.
Bleachable cottonseed oil futures
closed steady, 1 to 5 higher. Sales. 192
contracts. Including 62 switches. Oc
tober, 7.22b; December, 7.30; January,
7.33b; March, 7.39b; May, 7.47.
b—Bid.
New Orleans Prices.
NEW ORLEANS September 23 M*.—
Cotton futures opened steady. 3 to 4
points net lower today on hedge selling,
disappointing foreign markets and con
tinued favorable weather in the growing
region.
All first trades were at new lows for tha
season. October sold at s.uii. December
at 8.64, January at 8.67. March at 8.7fi.
May at 8.87 and July at 8.97. A few ad
ditional selling orders were encountered
after the start and active positions were
selling 5 points lower toward the end of
the first half hour.
Cottonseed oil opened steady: Septem
ber. fi.fi.Mb: October. fi.70b; December. fi.TT;
January. 6.75b; March. 6.82b. b—Bid.
---
CHALMERS OIL ASKS
DELISTING OF SHARES
By the Associated Press.
The Chalmers Oil it Gas Co. re
ceived permission from the Securities
Commission today to withdraw its 8
per cent cumulative $5 par value pre
ferred stock from listing on the Bal
timore Stock Exchange. The commis
sion found trading in the stock had
been inactive.
The commission postponed until No
vember 9 a hearing previously sched
uled for October 15 on the application
of the Pure Oil Co. to withdraw its
preferred stocks from listing on the
Cincinnati Stock Exchange. The hear
ing will be held in Chicago.
INVESTMENT COMPANY
BOOSTS DISTRIBUTION
Special Dispatch to The Star
NEW YORK, September 23.—
Trustees of Massachusetts Investors’
Trust have declared a quarterly dis
tribution of 26 cents a share, payable
October 20 to shareholders of record
September 30.
This payment compares with 24
cents a share distributed in the pre
vious quarter and 23 cents a share for
the same period last year.
In accordance with the practice of
the trust to make distributions only
out of investment income, except for
fourth quarter adjustments, the cur
rent payment is stated to have been
made out of net Income from dividends
and interest received by the trust
during the third quarter.

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About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], September 23, 1937, Page A-20, Image 20
About Evening star. [volume] (Washington, D.C.) 1854-1972