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Evening star. [volume] (Washington, D.C.) 1854-1972, October 04, 1937, Image 18

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ACMES BEGIN
Reservations for Arnold Ad
dress at Willard Break
Records.
BY EDWARD C. STONE.
Three hundred members of the Dis
trict of Columbia Life tinder writers’
Association and guests made reserva
tions for the opening Fall luncheon
meeting arranged
for this noon in
the large ball
room at the Wil
lard Hotel, hang
ing up a new at
tendance record.
The guest
speaker on to
day's program
was O. J. Arnold,
president of the
Northwestern Na
tional Life Insur
ance Co., of Min
neapolis. He is
O. J. Arnold. Of the
Insurance Com
mittee of the United States Chamber
of Commerce, one of the directors of
the Life Insurance Sal*s Research Bu
reau. of Hartford, and was one of the
outstanding speakers at the recent
underwriters’ national convention in
Denver. He was asked to speak here
on "Social Security Through Life In
surance.”
New leader Presides.
Paul H. Pnmm. who was elevated
to the p esideney at the annual elec
tion. presided for the first time today.
The other new- officers also took their
places at the head table.
The guest speaker, Mr. Arnold,
made his address more or less his
torical. tracing the hope for social
security from th<> beginning of civ
ilization. He said the 50-year period
from 1879 to 1929 in the United
States saw the greatest accomplish
ment of social security objectives in
the world history. He added:
"Science, in the field of medicine.
In industry, in agriculture, in inven
tions and new ways of doing things,
has given our generation a better
grasp of social security than any
people have previously had. All these
advantages lia\e now become a part
of our educational system. Through
out this 50-year period the life in
surance institutions built up a system
of financing the future needs of men
and families tr> overcome the threat
of poverty.”
In conclusion, he stressed the value
ef life insurance savings as a reser
voir of purchasing power available
for use when most needed.
Bankers Form Speakers' Unit.
President Thomas J. Groom of the
District Bankers' Association has or
ganized a speakers’ unit to represent
the association before schools, trade
boards, civic bodies and other groups,
announcing the following appoint
ments today.
Frederick P H. Siddons, secretary,
American Security & Trust Co., and
past president of the association,
chairman; Hilleary G. Hoskinson.
vice president of Riggs National and
first vice president of the bankers'
association: Old Preston, president.
Union Trust Co., and the association's
second vice president; A. M. McLach
len, treasurer. McLachlen Bank and
third vice president of the association:
Donald W. Larson, assistant secretary:
Robert V. Fleming, president, Riggs
National. Wilmer J. Waller, vice presi
dent Hamilton National: Francis G.
Addison, jr.. president. Security Sav
ings & Commercial; Sidney F. Talia
ferro, vice president,, Riges National;
Norman E. Towson, assistant treas
urer. Washington Loan & Trust Co.; |
W. T. Vandoren. vice president. Lib
erty National: Ralph Endicott. assist
ant treasurer. Washington Loan &
Trust Co.; John A. Reilly, president,!
Second National, and I. J. Roberts,
assistant cashier, Riggs National.
The new unit will hold a meeting at
the Chevy Chase Club this evening,
when complete plans for the year, in
cluding the subjects to be treated, will
be outlined. The new unit, through
Chairman Siddons, will fill th grow
ing demand for speakers on vital bank- !
lng problems. Similar units Organized
in other banking associations have
met with marked success.
anu «. oiiecuous Kisp.
Manufacturers' sales showed a |
marked gain during August as com- !
pared with August, 1936, while the
rate of collections on accounts receiv- j
able decreased slightly according to ;
reports from manufacturers co-operat- I
lng in the monthly joint study of the I
National Association of Credit Men ■
and the Bureau of Foreign and Do- I
mestic Commerce. The total net sales ;
of 525 manufacturers throughout the
country registered an increase of al
most 14 per cent from August, 1936.
Total sales increased in August,
1937, over the same month last year
for all of the 13 industry groups shown
in the report, except chemicals and
allied products, which recorded a de
cline of about 2 per cent. The in
creases ranged from 29 per cent for
machinery, not including transporta
tion equipment, to about one-half of
one per cent for food and kindred
products.
Percentages of collections on ac
counts receivable submitted bv 520
manufacturers for August, 1937, av
eraged slightly less than for August a
year ago and almost the same as for
July of this year. During August this
year the manufacturers reporting col
lected 78.0 per cent of their accounts
receivable outstanding on the first of
the month as compared with 80 per
cent collected during August of last
year and 78.5 per cent during July,
1937.
Business Volume Up Sharply.
Charles Delmar, president of Lin
coln Sendee Corp., Industrial Bankers,
Washington, with operating subsidia
ries in the States of Maryland, Penn
sylvania, Virginia and West Virginia,
announces that the volume of business
done for the quarter ended September
80 increased 38 per cent over the
volume of business for the correspond
ing period in 1936.
Washington Chapter, American iri
Btitute of Banking, will hold an oyster
roast and dance at Byooke John's
Farm. Norbeck, Md., a week from
Saturday. George M. Rowzee, jr.,
Lincoln National, is chairman of the
committee, the other members includ
ing Donald Hollingsworth, James
Brun, Stephen O. Porter, William Of
futt, Ralph Mittendorf, George Gal
leher and Frederick A. Daum.
State chartered building and loan
association members of the Federal
Home Loan Bank Board increased new
mortgage loans 29 per cent in August
over the same month last year. Fed
eral savings and loan associations
show an Increase of 26 ntr cent in new
loans for the same perjgjL
(TRANSACTIONS ON THE NEW YORK STOCK EXCHANGE
oy ruvaie wire uirpu 10 rne orar.
3:30 p.m.
Prev 1937 Stock and Sales— Net
High. Low. Dividend Rate. Add 00. High. Low. Close, chge.
65 40 Abbott Lab (1.60a). 1 434 434 434 + 4
224 124 Adams Exp (.30*).. 14 124* 124 124 — V*
284 204 Adams-Mlllis (2)— 3 224 22 22 -4
36 23 Addresso* (1.40)_ 3 26V* 26V* 264 +1
80V* 60 Air Reduction (la). 8 644 634 634 — 4
54 14 Air-Way El Ap_ 3 14* 14* 14 + 4
164 94 Alaska Jun (.66a)_. 24 124 124 124 —4
54 14 Alleghany_ 12 24 2 2
694 15 Alleg pf J30 ww ... 1 204 204 204 — 4t
454 244 Alleg Steel (1.20*).. 1 254 254 254 - 4
274 11 Allen Indus (1)_ 4 13 124 124 — 4
168'* 183 Allied Chem <«) ... 6 197 195 195 -1
214 11 Allied Stores (,20a) 8 124 124 124 — 4
83 4 524 Allis Chaim (2g) __ 11 554 544 544 -1
3#*» 17 Alpha Portland (1). 6 184 18 18
84 34 Amal Leath _ 3 34 34 34
1144 674 Amerada (2) ... 3 76 75 75
171‘ Am Bank Not# 14*. 4 19 184 19+4
804 42 Am Brake Sh (2g).. 9 48 47 474 + V*
,0? 125 Am Brake S pf 5%. 20s 128 128 128
121 90V* Am Can (4a) 3 99 984 934 _ 4
71 26 Am Car & Fy (14g). 1 314 314 314
1044 50 Am Car & F pf (4g) 3 55 55 55
"“** 2-l2 Am Ch&Cable 1*._. 8 24 234 234 -4
^34 9 Am Colortype- 1 10 10 10 - 4
154 Am Cornel Alco ... 1 174 174 174 +4
334 19 Am Crys Su* 3.25*. 5 204 194 194 - l*
17 84 Am European Sec.. 1 7 7 7 —14
2?«. 187 Am Express (6) . .. 30s 187 185 187
134 44 Am & Foreign Pow. 9 54 64 54-4
CO-* on Am & F P |6 pf 1 264 264 264 + 4
68 * 294 Am & For Pw $7 pf _ 2 324 324 324 — 4
S84 1H* Am & For Pw 2d pf 3 144 134 134 — 4
21 124 Am-Hawatlan S (1) 2 124 124 124 -4
114 44 Am Hide & Leath 3 54 5 5
524 37 Am Home Pr (2.40). 1 384 384 384 + 4
-Ur* 2l* Am Ice .. 4 24 24 24 - 4
tC" Am lee pf (1.59*)._ 1 194 194 194 - 4
00 Am lnlernatiorial.«.. 6 104 10 104 + 4
23>* Am Locomotive ... 6 28^ 28 28
294 144 Am M * Fdy ( V*g)_ 6 17 16 lfi
134 54 Am M & Met (.60).. 2 7 64 64 4 v*
<5 584 Am News N Y (3).. 20s 60 60 60
164 64 Am Pow & Lt . 13 74 74 74 -V.
8,, 454 Am P & L $6 pf (R) _ 4 60 494 494 - 4
r-9 , 13V, Am Rad & St S( 60) 37 144 144 U4 - 4
2*? Am Rolling Mill (2) 16 314 304 304 -4
1014 86 Am Roll M crpf 4 4 5 91 90 on _ **
58 35 Am Shiphldg (2a) . 30* 38V* 38 38 -2
is* ,51'* Am Sm&R,?f <«K)~ 36 704 684 684 - 4
1*1 ’ Am Smelt pf (7).... 11404 1404 1404 +14
* *1 Am Snuff (3a) .... 3 51 60V* 504 - 4
•.fi,4 Am Stl Foun 1.50*.. 18 37 354 354 -]'*
I? Am Stores (1.50g).. 1 131. 434 134+4
3ov, Am Sugar Ref (2)_. 6 36 35 35 _i
254 20 Am Sumatra (la)_ 2 20', op op -1
187 V:R'' Am Tel & Tel (9) .. 5 1624 1614 1614 - 4
70', Am Tobacco R (5).. 6 774 771.. 77,, _ u
1504 128'* Am Toh pf (6)__ 3 139 139 jgp *
2D'* 84 Am Type Fdrs . 5 94 9 9 _ *■
294 134 Am Wat Wks t.60g) 11 144 14 144 _ **
144 64 Am Woolen . 1 74 74 74
no a"1 ~’00'en Of^k). 2 49 48', 484 -1
-0 64 Am Zinc. L A- S 4 94 9*, 9*,
?8'‘ Anaconda (125*).. 64 394 384 384 -It*
-44 1<4 Anchor Cap (.45*).. 2 20 20 20 + 4
104 4 A P W Paper .. 2 5 5 5 ^ ,
46 38 Arch-Dan-M 1.5('g. 1 394 394 394 *
134 . Armour 111 < 55g)__ 26 9 84 84 v
994 74 Arm 11! pr pf (6) .. 1 76 76 76 Z,
-04 454 ArmsCaCk (1.50g). » 484 46 464 -14
*-4 * llH* Asso Pry Goodi 7 12:* 12*4 i*>:«
944 54', Atch T & S F (2ff)_. 17 59 56 5fit. -it.
" 'S aicnisonpns) _ 1 RR 88 gR _s
“"■* 31* Atlantic Coast Line 5 .37 36b 36 b-'
•'< 2_', Atlantic Refin <1) 11 24 ‘>3b on _ ,
M"!'’ R,finins pf <4) x 3 103 103 103 " *0-.,
ic a 12b Atlas Corp (.80) 7 jog. ,
52b 46b Atlas Corp pf <*)._ , 4% «* «£ t £
q,‘ 't Auburn Auto - 1 12b 12b 12b - S I
■) 1 •>■, Av lation Corn - 14 4., 4,t 41, _ ,,
2 >b 10b Raldw Lo ctfs w.i... 34 12b 11". 11" _ i.
40b 15b Balto* Ohio _ 48 lib ,7b ,7b
4”* -0b Ralto&Ohlopf_ ,7 23 001. .>.,1 , .
45 34b Rang A Ar (2b)_ | 35 35* + *
Met 1?2‘* Ranc* Arpf (5)- 10s ,00 100 100 -1
Barber Co <bg,.„. o 20". 20b 20 b - b
"*b 16 * Barnsdall (1) ,3 jrs, 177, ,g
3m‘ -it Reldin-Hem (1) ... , ,0b 10'. 10b + b
*1? IS4 AVI.* .75* . 3 15b 15b lob b
‘ |7b Bonef Ln <1.32 t.ig). 3 20 20 20 +b
,"2 ‘ 44b Best A Co (2Ua) . 5 49 46b 46b -1
105b 60b Bethlehni Stl 2 50g. 62 69b 67’. «7t 1"
'll1' 'll BMh 8„ 7% pf nl 6i ,S?,; lS?£ 10Yt -1*4
59b 42 Blgelotv-San <3g)— 1 41b 41b 41b -lb
2q* It. B »ck*Deck |i«).. 2 21b 21b 21b - b
W * 1 --a Blaw-Knox (.70g)„. 7 16% 16% 16i i
49% 21% Boeing Airpl 13 24% 23% ^3% -u"
ft* 33 Rohn Alum <2.75g). 2 35b 35 35b +'>4
*® J «®. Bon Ami (B) (2.50).. 30s 41 40', 40'., - u'
*8 20b Borden (1.6(1) H -.-2b 22b
50b 36b Borg-Warner (2)— 8 40b 39". 39"! - b
lob ob Boston & Main# __ 1 fir, <-,7. fiT . ,
rq'* 5ridRPt BraSS 65gr- 6 13* 13b 13b - b
59 . -9', BngisMfg (2.50c). 9 34b 33b 34b + b
47 3o Bristol-My (2.40a)_ 1 35b 35', 351..+. £
33 9b Bklyn-Man <2Vjg)_. 24 15b 14b 14b- »
102b 32b Bklyn-Man pf (6).. 2 43 b 43 « _i i
,5 = Bklyn A Queens ... 5 3b 2b 2b - b
38b (b Bklyn A Q T pf ... 1 , i«4 lib lk _ t*
52b 24b Bklyn L'n Gas 2.30g 8 24b 24 24 — b
24b lib Brnnsw-Balk .50g . 7 ,0*. 49 TO ,
25b lib Bucyrus-Eris ,25g.. 2 12b 12b 12b ~ b
14b ob Budd Mfg _ 3 7 fi74 fir - u
?3 S« Bu1d”ftBpf -140s 60b 59b 60b- b
if, ob Budd Wheel (.20g). 5 6b 6b 6b + b
45b 22 Bullard Cod) ... 1 24 24 24 - 1
®f* 3S* Bulova Watch (4a) 1 41b 41b 41b - b
I85, 10 Burlington Mills(l) 1 n 11 n
35b 22b Burr Ad Mch(.65g) 2 26b 251. 25b - b
11** 3b Bush Term (r) _ 2 4 31. 3* _ v 1
ft* !nl3 DU.S,h ToBld Pf Ct(r> 208 1Sl‘ I®1* 16b -l’
18% 10% Butler Bros (.60) 1 11% ii:,. 117. u
36% 24% Butler Bros pf(3%) 1 25 25 28 I V
®i* il ?utte Copper &Z... 8 4b 4b _4b
33% 11 Byers Co 2 14 13U m, 4. t
91 51 Byers AM pf 2.50k.. 30s 51 51 si *
48b 26 Calif Pack (lba)._ 1 30 30 30 - b
bb 2b Callahan Z-Ld ._ 15 2b 2b 'vb ”
3®’* 9* Calum & Hec 1.10g. 12 10b 10b 10b
37*. 22 Campbell Wy (1)._. 2 23b *>3i, oq, _ ,
it* 1iV* Canada Dry G Ale.. 13 16b 15b 15b - ij
17b 9 Canadian Pacinc .. 4 9%, 9,, 9, _ x
35b 22 Carpenter Stl 1.60g. 3 2Sb 23", 23"! - »*
9b 5 Carriers&Gen .15g.. 3 5b 5 _ ,4
191b 126 Case (J 1) 10 133 409 ]29 -3"* i
129b 1,0b Case (J I) pf (7) 100» 116', 116b 116', lb
100 ,1 (’aterpillar Trac(2) 6 75 74 74 _3
41b 26", Celanese (2.25g)__ 6 29". 29b 29b
48'* 28 Celotex (,80g) 1 32b 32b 32b + U
39b 29b Cent Asuir (lbs)— 1 30 30 30 - u
12", 4 Central Fdy .. 12 5 4i4 4b - y.
10ib 96 Cent 111 I.t pf (4 b). l()i 100 100 100
rIL‘ lo Central R E N J ... 1 16b 16b 16b - b
86b 49 Cerro de Pasco (4). 24 58b 57b 58
23b <b Certain-teed - 4 8b 8b 8b - b
ww Lcu«unneeaD78 pi. OU8 34 33 V* 33V* —2
634 354 Champ Pap & F (2). 1 464 464 464
904 494 ChesCorp (3) .. R 534 524 524 -1
v8'« 384 Che3 & Ohio (2.80a) 24 424 414 42 — 4
134 4 Chl & East 111 pf(r) 2 44 44 44 + 4
4 lVi Chl Gt West (r) .. 1 14 1.4 14
184 54 Chi Gt West pf (r)_ 2 7 7 7 _ *
124 5 Chi Ind & L pf (r)_. 40s 5 5 5
32 184 Chi MallOr (14a). 2 184 18 lg _ 4
34 14 Chl M St P & P (r).. 1 14 14 14
74 24 Chl M St P&P pf (r). 3 24 24 24
64 24Chl&NW(r)_ 2 24 24 24 — 14
33 154 Chi Pneu Tool_ 3 174 17 17 + u
34 14 Chl RI ft Pac Cr)._. 8 14 14 14— 4
104 34 C R 1 & P 7% pf (r). 3 4 34 34— 4
274- 104 Chi Veil Cab( 14k)- 2 104 104 104 - 4
224 154 Chick Cotton Oil- 1 164 164 I64 + u
15', 54 Childs Co __ 6 7 64 64— V*
mu 87 Chrysler (7g) - 60 914 884 89 -2
?04 ^ S!ttyir&F<2)—* 2 lfi 1*4154+ 4
10-Vg 4V4 City Stores __ 15 5 5
JSL Clark Equip 1.30g . 3 36 36 36 + 4
J®* ®0HClev Graph Bl%g. l 35 35 35 -4
29 . 164 Cluett Peabody (1). 5 194 19 19
Coca-Cola (3) ... 1 130 130 130 -1
2o4 134 Colgate-P-P (.50).. 11 141, 14 14 _ Vi
624 35 Collins & Aik (4g)_. 4 384 *74 374 _ 7,
1124 100 Collins* Aik pf(5) 20* 1004 1004 1004 - 4
fi* J®^ Colo Fuel & Ir (lg) 4 214 214 214 -1
lo JL Co‘o & South 1st pf 90. 144 144 144 +14
32 234 Col Brricsts A 1.05g. 1 25 25 25 - 4
204 84 Colum G&E (.20g)_. 30 97^ 914 gy: _ **
394 184 Col Piet vto (la)_ 4 204 20 20 + 4
1254 95 Col Carbon (4a) ... 2 94 94 94 -17,
694 474 Cornel Credit (4a).. 5 54 53'i 534+4
®0‘-« 41V* Cornel Invest Tr(4) 6 54 53 53
Cornel Solv (.60)- 34 104 104 104 —4
44 14 Comwlth & Sou_ 209 24 2 2
754 41 Com * Sou pf (3)— 2 434 43 43 -u
194 74 Conde Nast __ 2 74 74 7(4
454 27 Congoleum-Nrn(2). 3 294 294 294
22 10 Conn Ry & Lt pf ___ 10« 12 f2 tl - 4
334 124 Consol Aircraft- 4 14 1374 14 + i,
184 84 Consol Cigar . 3 94 94 94 _
9o 81 Con Cig p pf ww 6V4 20. 80 80 80 -1
494 294 Consol Edl (1.50*). 23 304 294 30
108 994 Consol Edls pf (5)_ 1 994 991* gqti . u
54 2 Consol Film__ 1 24 24 24
184 8 Consol Film pf-- 1 94 9yt gy , u
134 6 Cons Laundries_ 4 7 7 7
174 114 Consol Oil (.80s)... 31 124 12 124
104 44 Consol RR Cuba pf. 9 54 6 6+4
14 4 Consol Textile (r).„ 9 4 4
13V* 64 Consol Coal __ 1 74 74 74+4
374 194 Container (1.20>_ 2 204 204 204 + 4
374 134 Conti Baking A_ 6 154 15V* 15V* — 4
54 2 Conti Baking B__ 3 24 24 24
694 50 Conti Can (3) _ 6 544 534 54 + 4
424 304 Conti Ins (1.60a)_ 4 324 32V* 324 -4
34 14 Conti Motor _ 4 2 14 2 +4
49 36 Conti Oil(Dsl)H4*. 21 384 37 37 —1
354 17 Conti Steel (1)_ 3 184 184 184
77 53 Corn Exchange (3). 10. 65 55 65 —4
714 644 Corn Prod (3)_ 5 624 614 614 + 4
104 54 Coty - 9 54 54 54 - 4
564 334 Crane Co_ 11 344 33 4 334 -4
115 1004 Crane Co ev pf (8)_. 3 1044 1044 1044 — a*
37 25 Cream of Wh (2g).. 2 264 26 26 -4
284 13 Crosley Radio _ 3 134 134 134 + V*
1004 474 Crown Cork (2)_ 18 504 48 49 -1
264 154 Crown Zeller ( 4g). 15 164 16 164 - 4
814 43 Crucible Steel_ 3 464 454 454 — 4
3 1 Cuba Co. L_ 2 111 1
17H 6 Cuba R Ry_ 20. 84 84 84 I
P.m.
Prev 10.37 StPeksnd Bales— Net
High. Low. Dividend Hate. Add 00. High. Low. Close, edge.
14% 6% Cuban-Am Sugar... 3 6% '6% 6% — %
20% 6% Curtis Pub __ 6 7% 7% 7** + %
109% 65 Curtis Pub pf (7)... 2 59% 69% 59% — %
8% 3% Curtiss-Wrlght_ 28 4% 4% 4% — V,
23% 12% Curtiss-Wrlght A.. 4 14% 14 14 — %
62 30 Cushman pf_ 40s 34 34 34 +4
90% 54% Cutler-Ham (2g)_ 3 61 60 60 — %
18% 10 Davega Stores (la). 1 10% 10% 10% — %
24 15 Davega St pf (1%). 3 15% 15 15
143% 97% Deere & Co (2g)_ 4 113 108 108 -6
31% 23% Deere & Co pf (1.40) 1 24 24 24 — %
29 14% Delsel-Wem-G (la) 2 16% 16 16
68% 23 Del & Hud _ 6 25% 24% 24% — %
24% 10 Del Lack & W ... 7 12 11% 11%-%
10% 2% Den&RioGW pf(r). 1 3% 3% 3%
36% 22% Diamond Mat (la).. 3 23% 23% 23%
40% 33 Dlam Mat pf(l%aj. 1 33% 33% 33% - V*
23 10% Diamond T Mot (1). 3 11% 10% 10% -1
29 15% Dist Corp-Seag ... 2 16% 16% 16% - V*
25 17% Dixie-Vortex (1%). 1 18% 18% 18% + %
46% 28 Doehler Die(l.SOg). 1 29% 29% 29%
51 36% Dome Mines(4.50g). 16 43% 42% 42% — %
77% 32% Douglas Aircraft .. 8 37% 36% 36% — %
159', 103 DowChem (3.35g).. 1115 115 115
39% 15% Dresser B (le)_ 1 18% 18% 18y* + %
8% 2% Dunhill Inti __ 2 3% 3 3
180% 136 Du Pont deN(4 V4 g). 4 144 142 142% -2%
17 7% Eastern Roll . 2 8% 8% 8% + %
198 151 Eastman Kodak (8) 1 174% 174% 174% - %
37% 26 Eaton Mfg (l%g)_ 3 27% 26% 26%-%
16 6% Eitlngon Sch . .._ 2 7% 7 7 — %
29 20% El Paso Nat G (2).. 11 21% 21 21 - %
45% 28% Elec Auto L,(2.20g). 2 31% 31% 31%+%
16 7% Elec Boat . 17 8% 8% 8% - %
7% 4% Elec & Mue (.18e)._ 3 4% 4% 4%
26% 13% Elec Pow & Lt_ J7 15% 14% 14%-%
92% 46% Elec P & D pf _ 3 64 64 54 -1
8 2% Elk Horn Cl pf (r). 2 3% 3% 3%
17% 6% Eng Public Service. 1 7% 7% 7%
23% 9% Erie R R _ 8 11% 10% 10%-%
35% 13% Erie 1st pf_ 3 16% 16% 16% - %
34% 13% Evans Prod (1)_ 3 15% 15% 15%+%
5% 1% Fairbanks Co_ 200» 2% 2% 2% — %
71% 39 Fairbanks Mrsefla) 3 42% 41% 41% — %
70 38 Fajardo Sugar(3g). 6 40% 40 40% — %
103 85 Fed l.t&Trac pf(6). 10s 85 85 85
11% 4 Federal Motor_ 3 4% 4% 4%
11% 4% Federal Screw_ 1 5% 5% 5% — %
6 2% Federal Wat Svc A. 3 2% 2% 2%
43% 21% Fed Dept Strs (2) . 2 26 26 26 -1
45V* 31 Fid Phoenix(1.60a). 7 34% 34 34 + %
41% 24% Firestone T&R(2)x 7 28 27 27 -1%
52% 36 First Nat Strs(2%) 1 36% 36% 36% — V*
46% 18 Flintkote (1) 10 20 19% 19% + %
58% 34 Florence Slov 1.50g 1 33 33 33 -1
9% 2% Follanshee Bros . 11 3 3 3 — %
58 35% Food Mach (2.50a). 2 39 39 39 + %
98 90 Food Mach pf (4%). 200* 90% 90 90
54% 19 Foster Wheeler_ 4 25 24% 24%
18% 5% Francisco Sugar_ 2 5% 5% 5%
32% 24% Freeport Sul (lg)._ 10 26 26 26 4. %
48% 12 Fuller 2d pf_ 80s 17 16 17 +1
7% 2% Gabriel A _ 1 3% 3% 3%
15% 6% Gair (Robert)_ 4 7% 7% 7%
19% 7% Gar Wood Ind (%g) 2 8% 8% 8% - %
15% 8% Gen Am Inv 3 9% 9% 9% — %
86t, 47 Gen Am Trnsn%g) 6 51% 51 51 -%
19% 9 Gen Baking (.60)... 2 9% 9% 9% — %
32% 12 Gen Cable 5 16% 15% 16% - %
64% 41 % Gen Elec (1.2f>g)_ 46 44% 43% 43% — %
44% 33 Gen Foods (2)_ 14 33% 33% 33%+ %
3% 1 % Gen G & El A _ 19 1% 1% 1% - %
70% 46% Gen Motors (2%g)_ 100 49% 48% 48% — %
60% 30 Gen Out Adv A .. 1 34 34 34
10 12 Gen Prtg Ink(.6r,g)_ 2 13% 13% 13% — %
65% 25% Gen Ry Signal (1)_ 2 26 26 26 + %
5% 2 Gen Real & Util ... 17 2% 2% 2% — %
48% 20% Gen Rea! & Ut pf... 1 22% 22% 22%+ %
i"‘i <;en r.eiract (2iw... 4 37 364 3fi4 — 4
88 30 Gen Stl Cast pf _ 120* 37 37 37
334 174 Gen Theater Eq .75g 12 20 19 19 + 4
384 16 Gen Tire * Rubber. 6 174 16', 16', — 4
204 K>4 Gillette SafR.75g.. 7 124 124 124 -4
294 124 Gimbel Rros _ 7 144 14 14 — 4
904 02 Gimbel Bros pf (6). 2 08 08 08
514 314 Glldden Co (2a > .. 11 314 314 314 — 4
IV 4 Glidden rts Oct 25 _ 237 4 4 4
64 24 Gobel Adolf .. 1 3 3 3 +4
84 34 Goebel Brew (,20a). 7 4 3', 34
504 23 Goodrich (RF) K . 14 204 254 264 -1
874 67'* Goodrich pf (5) . 1 694 094 094 — 4
474 27 Goodyear TAR 1.50| 25 304 294 30 -4
141 904 Goodyr T&-R pf (5). 1101 101 101
134 0 Gotham Silk H_ 2 64 64 04
44 2 Graham-Paige_ 20 2 4 2 4 24 + 4
15 54 Granby Consol_ 1 7 7 7 +4
54 2 Grand Union _ 1 24 24 24
481, 22 Gran City Stl <%g). 5 234 224 224
474 304 Grant (WT) (1 40a) 4 32 314 314 - 4
504 364 Great Nor Ry pf 18 40 374 374 -24
2® , 14’, Grt Nor Ore ct( 4 g) 6 10 154 154— 4
42 , 30 Grt Wst Sug(2.40a) 1 314 314 314 + 4
145 , 132 Gt West Sug pf(7) 90, 1344 1344 1344 +1
894 234 Green (HE) (160a) 7 264 20 20', + 4
104 104 Greyhound (.SO) . 4 124 124 124 — 4
114 94 Greyhound pf (.65). 1 94 94 94 + 4
44 14 Guantanamo Sug... 2 14 14 14 — 4
204 8 Hall Print .. 19 9 9 — V,
108 103 Hamil Wath pf (*) 10» 101 104 104
584 304 Harh-Walk (1.60k) 5 304 294 294 — 4
8 24 Hayes Body . 3 34 34 34 - 4
154 94 Hec.ker Prod ( 00a) 3 94 94 9*, — 4
185 123 Hercules For.d to). 2 1234 123 123 -2
0s, 4’, Here P rts Oct 14 ... 40 44 44 44
674 50 Hershev Choc (3).. 1 55 55 65 +34
111 94 Hersh cv pf (4a) . 2 94 934 934 -4
524 24 Holland Furn 1.50g 4 304 294 294 — 4
43', 23 Holly Sug (2146) 3 24', 244 244 + 4
50', 43', Homestake Min 4H 10 40', 40 40 — 4
27', 164 Houd-Her B (1H)— 7 174 17 17
17’, 84 Houston Oil __ 5 10 94 94 — 4
90', 58 Horn Sound (3a)-_. 3 63 614 614 + 4
64 24 Hudson A Man_ 1 24 24 2*, + 4
234 94 Hudson Motor_ 10 11 10’* 104 - y,
44 24 Hupp Motor_14 3'» 3 34
38 144 Illinois Central_ 13 17 164 164 — 4
224 9 Indian Refining__ 2 94 94 94 — 4
47', 28 Tndust Rayon (2)_ 1 30', 304 304
144 102 Ingersol Rand(3g). 1 105 105 105 —1
1314 894 Inland Steel (4a).6 894 884 884-1
334 134 Inspiration Copper. 25 164 154 164 + 4
6 44 Insuranshar (,10g). 1 44 44 44
134 4 Interb Rap Tr new. 9 64 6 6 —4
644 34 Interchem Corp(2). 1 35V, 354 354 + V,
114 3’,' Intercontl Rubber.. 2 44 4’, 44
284 124 Interlake Iron ,40g. 11 15', 14’, 444 — 4
94 34 Inti Agricui .. 2 44 44 44 + 4
634 32 Inti Aeri pr pf (3k). 1 374 374 374
120 864 Inti Harv (2.50a) .. 6 924 914 924 —4
10', 64 lntl Hydro-Elec A.. 12 84 74 74 - Vi
15', 5 Int Mer Marine ... 2 64 64 64 + 4
18’, 84 lntl Mining (,45g).. 3 94 94 94 -4
734 494 lntl Nickel (1.50«).. 40 524 514 514-4
101- t A • t » 1 — - c n___— m i tr set t •
68% 58% Inti Tap & T pf new 12 62% 61% 62
57% 43 1 tit Ry Cent Am pf. 20* 46% 46% 46% — %
28% 21% Int Salt (1%)_ 1 22% 22% 22%+%
49% 40 lntl Shoe (2)_ 1 41 41 41 + %
15% 7% lntl Tel & Tel.. 81 8 7% 7% - %
36V. 15 Interst Dep S 2%g.. 2 17% 17% 17% — %
87V» 57% Jewel Tea (4) ... 2 61% 60% 61% +2%
155 95 Johns-Manv (3a) _. 20 100’,* j*4v» 94% —5
136 104% Jones&Lau pf 5.25k 60s 105 104 104%-%
29 9 Kansas City Sou 1 11% 11% 11% — %
44% 17% Kansas City Sou pf. 1 18 18 18 — 1%
69% 44 Kennecott (2«)_ 64 46 45 45 — 1%
20% 11% Keyst'e S&w .60 ._ 1 12% 12% 12%
46% 28% Kimb-Clark (la)—_ 2 31 31 31 -1
9% 3% Kinney (G R) _ 1 3% 3% 3%
15%- 6% Kresge Dep Stores.. 1 7% 7% 7% — %
29% 19% Kresge (S S) .90g . 15 20% 19% 19%-%
24% 18 Kroger Groc (l.<0). 6 18% 18% 18% — %
24 15% Lambert (2) ... 3 17% 17% 17%+ %
27% 15 Lee Rub&T 1.60g . 1 18% 18% 18%+ %
51% 20 Lehigh Port C (1%) 1 24% 24% 24%+%
3% 1% Lehigh Valley Coal. 1 1% 1% 1% + %
24% 8% Lehigh Valley R R. 13 10% 10 10%
43% 31% Lehman Corp (la) . 6 33 31% 31% -1%
79 64 Llb-Ow-Glass (3g) 3 58% 58 58 - %
15% 9% Libby McN&L 1.4«h 5 10% 10% 10% - %
114 88 Liggett * M B (4a). 2 94 94 94 +1
83% 37% Lima Loco (lg) . 3 39% 39 39
26% 20 Liquid Carb (1.60a). 1 21’* 21% 21%
87% 64% Loew'i Inc (6g)_ 60 72% 69% 70 -1
3% 1 Loft . 48 1% 1% 1%
75% 38 Lone Star Cem (S). 4 41 40% 40% — %
28% 19 Lorillard (P) (1.20) 4 20% 19% 19% - %
28% 17% Louisv G&E A 1% . 1 18% 18% 18%+%
99 70 Louisv & Nash(5g). 1 73 73 73
41% 22% Ludlum Steel (1) .. 5 26% 25% 25% J-l
36 17 McCall Corp (1.50). 4 17% 17 17
24V* 12 McCrory Strs .. 1 13% 13% 13V* - %
106% 71 McCrory St pf (6).. 1 74 74 74
28% 14 McGraw-H .57% g ..jc 1 15% 15% 15%+1
42% 32% McIntyre Pore (2). 2 37',, 36% 36% -1%
42% 25% McKeesport T (2).. 2 28% 28% 28%
16% 9% McKesson & Rob— 9 10% 10% 10% — %
47% 39 McKess* R pf (3). 1 40% 40% 40%
19 9 McLellan Strs .95g. 2 10% 10% 10% + %
62% 29 Mack Trucks (1)... 9 31% 31 31% _ %
58% 36% Macy (R H) (2a)... 10 38 37 37%-%
15% 10% Mad Sq Gar (l.log). 3 12% 12% 12%
30 9 Manati Sug pf (r).. 40s 11% 10% 10%-%
6% 2% Maracaibo Oil. .. 3 2% 2% 2% - %
14V* 7% Marine Midi (,40a). 7 8% 8 8 -%
6% 1% Market St Ry 2d pf. 30» 2 2 2 — V*
51% 33 Marlin Rock (2)_ 1 33 33 33
30% 17 Marshal Field_ 13 18 17% 17%
29% 14% Martin (Glen)_ 15 18% 18 18 - V*
13% 4V* Martin-Parry- 1 4% 4% 4% + V*
41% 27V* Math Alkali (1%)— 2 28% 28 28
15% 6% Maytag_ 1 7% 7% 7% + %
34% 17% Mead Corp (lg)_ 2 20% 20% 20V*
86% 54% Melville Shoe (5)_ 3 56% 55% 55% - V*
16% 6% Mengei ... 2 7% 7% 7%
47% 28 Mengei 5% pr(2V4). 50* 29 29 29 - V*
72% 45% Mesta Mach(3.75g). 1 60% 50% 50%+%
26% 10% Miami Copper 14 11% 11% 11% + V*
35% 21 Mid-Cont Pet (%g) 3 23% 23 23
48% 30 Midland Steel (2).. 1 32% 32% 32%+%
122 108 Midland Stl 1 pf(S). 30» 110 110 110
120 82 Minn-Hon Reg (3). 1 87% 87% 87%-1%
124 105% Minn-Hon pf B(4).. 50s 109 107 109 +3%
16% 7!* Minn-Mol Imp __ 23 8% 8V4 8% + %
108 78 Minn-Mol Imp pf_ 1 85 85 85 +2
9% 3% Mo-Kan-Texas__ 14 4% 4 4 — V*
34% 13 Mo-Kan-Tex pf ... 14 16% 15% 16% - H
12% 3% Mo Pacific pf (r)_ 2 4% 4% 4% + %
L_40% 22% Mohawk Crp(l.20a) A* 1 23% 23% 28%+%
“07% 85 MonsantoCh l%g.. 1 92% 92% 92% — H
2:30 D.m.
Prev 1937 Stock and Sales— Net
High. Low. Dividend Rate. Add no. High. Low. Close, ehge.
69 44 Montgom Ward(2a) 38 484 474 474 — 4
46 294 Morrell A Co_ 1 294 294 294 - V.
34 4 Mother Lode_ 7 1 % 4—4
384 224 Motor Prod (2.BOg). 1 25 25 25 + 4
26 164 Motor Wheel 41.60). 2 174 174 174
54 25 Mueller Brae* (la). 2 27V* 26 26 -1
15V* 74 Mullins Mfg (B) .. 4 94 84 84-4
90 634 Murphy (GC) 3.60. 3 63 63 63 -4
204 74 Murray Coro_9 84 84 84 —4
244 14 Nash-Kelv (1)_ 16 15V* 15 15V*
474 20 Nash Chat A 8tL.._ 10a 22 22 22
24 154 Natl Acme (4g) ... 1 164 164 164 +4
834 22 Natl Biscuit (1.60). 10 214 23 23 -4
334 194 Natl Bnd A Inv 1.44 2 22 22 22 - V*
384 224 Natl Cash Rsg(lg). 6 254 25 25 - V*
264 164 Nat! Dairy P (1.20). 42 18 174 174 -4
1124 1074 Natl Dairy pf A(7). 10* 1084 1084 1084 - 4
244 10 Natl Dept Stra _ 8 11 104 104 -4
104 64 Natl Dept Stra pf._. 2 64 6V4 6V*
35 264 Natl Distill (2)_ 13 274 274 274 + 4
I84 64 Natl Gypsum..._ 5 74 74 74 + 4
44 294 Natl Lead (4). 3 304 304 304
171 1544 Natl Lead pf A (7). 2 156 156 156
150 127 Natl Lead pf B (6). 50* 136 135 136 +1
614 324 Natl Mal’able 1.50g. 1 314 314 314 -IV*
144 74 Natl Pw A Lt (.60). 8 84 84 84-4
994 7" Natl Steel (2.50a)— 6 754 744 744 -2
414 24 Natl Supply -- 11 304 294 294 — 4
124 6 Natl Tea (.30g)_ 4 54 54 54 - 4
134 84 Natomaa (.80)_ 1 94 91* 9'* — 4
674 29 Neisner Bros (2)_ 2 324 324 324 + 4
414 19 Newp't Indust (2g). 5 22 214 214 — 4
65V* 254 N Y Central .. ... 152 284 264 27V* -1
100 65 N Y Chi A St L pf... 6 63 63 63
314 21 N Y City Om 2.40g„ 7 26 244 26 +4
25', 104 NY Dock pf .. .. 30* 124 124 124 - V,
135 119 N Y A Harlem (6)_ 10. 1204 1204 1204
94 3 NYNHAH(r) ._ 9 34 34 34 + V,
264 74 NYNHAHpf (P). 4 9 84 84 -4
154 64 N Y Shlpbldg.. _ 4 74 64 64 - 4
1024 634 N Y Steam $6 pf .. 20* 92 92 92 -4
272 205 Norfolk A Weet(10) 4 2074 205 205 -24
174 7 North Am Aviat_ 7 84 8 84
344 194 North Am (.90g)._. 26 214 204 21
574 484 North Am Co pf(3). 1 52 52 52 f
1044 974 North Am Ed pf(6). 2 994 994 994
105 93 Northern Cent (4).. 20* 96 96 96
364 174 Northern Pacific_ 32 214 194 194 -1
64 24 Norwalk T A R_ 3 3 24 24 - 4
224 144 Ohio Oil (40_ 30 154 144 15 - V,
73 40V* Oliver Farm__ 9 46 444 444 —14
264 10 Omnibus __— 4 13 124 124 + 4
114 904 Omnibus pf (8) .— 10* 994 994 994 -r 4
45V« 274 Otis Elevator 80g— 2 30 294 30 - 4
140 126 Otis Kiev pf (6)_ 60. 130V* 1304 1304 - 4
244 114 Otis Steel. 12 134 13 13 - V.
97 63 Otis Stl 1st pf 541 65 65 65
28 174 Outboard M (2.50g) ’ 1 214 214 214 + 4
1034 80 Owens-111 G1 14k - 4 86 85 86 +1
23 144 Pac Am Fish (1.20). 3 144 144 144 - 4
154 44 Pac Coast_ _ 10* 6 6 ' 6 -t- V*
40 154 Pac Coast 1st pf_ 10* 19 19 19 +2
324 17 Pac Finance (1.80). 1 174 174 174, + 4
38 274 Pac Gas A El (2)... 6 284 274 28 +4
534 36 Pac Lighting (3)... 5 41 40«, 404 + 4
444 17 Pacific Milled Vjg). 1 18 18 18
152 130 Pac Tel A Tel (8) .. 30*1314 131 1314+4
294 164 Pac West Oil (.85e) 5 184 184 184 -v 4
124 64 Packard Mot(.25g). 25 7', 74 74
44 14 Panhandle PAR (r) l 1*, 1', 14 + 4
121 504 Tanhan PAR pf (r). 20* 69 69 69 +1
90 50 Taraffine (3g)_ 5 60 494 50 —14
28’* 16', Paramount Piet_ 60 184 174 174 — 4
264 144 Paramount 2 pf(.SO) 9 164 16 164
84 3 Park Utah . 15 34 34 34
444 324 Parke Davis l.*0g— 4 324 32 32 - Vi
7’, 2 Parmelee Trans__ 1 24 24 24 — 4
in', n'4 raintrum _ m, U* <»* — *»
234 11 Patino Minas_ 5 13V* 13 13 -4
74 34 Peerless (.30*) __ 16 54 54 54 — 4
64 384 Penick & Ford 14g. 1 404 404 404 - 4
1034 81 Penney (JC) (3e)._ 7 854 84', 854 — V*
64 24 Penn Coal & Coke... 1 24 24 24 — V*
764 26 Penn-Dixle pf A_ 1 274 274 274 —14
504 28 Penn RR (Vi*) ... 22 30 29 29 - 4
654 35 Peoples Gas Lt & C. 1 39 39 39 — V*
48v, 16 Pere Marquette_ 1 20 20 20 — 4
87 65 Pere Marp pr pf_. 2 67 67 67 —5
25 16 Pet Milk (1). 1 16 16 16
214 124 PetroCorp (.90*).. 3 134 134 134 -4
694 314 Phelps Dodge 1*4*. 20 324 314 314-4
74 34 Phila Rap Tr (r) . 30, 34 34 34
34 4 Phila Read C*l(r)_ 3 4 4 4-4
954 70 Philip Morris (3)... 2 834 83 53-4
64 45 Phillips P«t (2a).__ 15 50V* 494 504 + 4
204 9 Pierce Oil pf __ 4 104 104 104 - 4
334 25 Pills Flour (1.60)_ 1 254 254 254
764 45 Plus Coal pf .... 1 46 46 46 + 4
20 94 Pitts Screw (.45*).. 8 104 104 104
122 72 Pitts Steel pf_ 60* 71 71 71 -1
84 24 PiUs United...5 34 3 3 - Vi
3 4 Pittston Co_ 1111
294 18 Plymonth Oil 1.05*. 14 21 204 21 + 4
334 12 Poor & Co B _ 7 14*. 14 14 -4
154 44 Postal T & C pf (r). 3 54 5 6 —4
314 114 Press Stl Car .25* . 13 134 124 12** — 4
654 49(, Procter* Gam (2a) 3 53 4 534 534 + 4
524 354 Pub Svc N J (2.60). 7 384 384 384 -4
1124 994 Pub S N J *5 pf (S). 1 1004 1004 1004 - 4
140 4 120 Pub S N J 7% pf (7) 1 1224 1224 1224 -4
72', 3i4 Pullman (14)_ 11 384 38 38 -1 •
244 144 Pure OH _ 36 154 15V* 15V, - V*
1124 1074 Pure Oil pf (»)_ 30. Ill in m
234 94 Purity Rak (.45*).. 7 104 104 104
124 74 Radio Corp _ 200 94 94 94—4
80 62 Radio cv pf (34)-- 2 68 68 68
104 54 Radio-Keith-O (r). 19 64 64 64
254 94 R R Sec 111 C Stk 100, 94 94 94 - 4
374 274 Raybest-Man<14*) 1 30 30 30 + 4
47 284 Reading Co (2)_ 2 28 274 274 -14
224 12 Reliable Stra (1)___ 1 14 14 14 - V*
294 164 Ram Rand (1.05*).. 26 184 18 184 +4
944 80 RemRpfww<44) 2 78 774 78 -6
110 83 Rensselaer* S (8). 10, 83 83 83
94 34 Reo Motor _ 5 4 4 4
474 224 Republic Steel . 86 244 234 24 -4
124 88 Rep Stl cv pf(44k) 1 96 96 96 +1
494 174 Revere Copper * B. 3 204 20 20 —1
304 174 Reynolds Met (1)._ 4 I84 184 184 -4
344 13 Reynolds Spr (1)... 3 15 144 144—4
58 474 Reynolds Tob B (*). 5 494 494 494 + 4
314 15 Ritter Dental .75*.. 1 16 16 16 + 4
38 23 Ruberoid (.60)_ 2 24 234 24 +1
40 274 Safeway Strs (2)_ 20 294 274 274-4
113 98 Safeway 6% pf (6). 100» 98 98 98
65 424 St Joseph Lead(2a) 6 444 44 44 —4
44 1*. St L-San Fran (r) .. 2 14 14 14
114 34 St L-San Frn pf <r). 1 44 44 44 + V,
514 34 Schcnley Distill<3). 6 37 364 37
98t* 88 Sohenley pf (54) — I 87 87 87 —1
34 1 Schulte Ret (r) ... 14 14 14 14
454 374 Scott Paper (1.05s). 10* 38', 384 384
24 1 Seaboard Air L (r)_ 13 14 1 1
54V, 264 Seaboard 011 (1)_ 6 30 294 294 —4
984 704 Rears Roeb (3)_ 24 77 754 75V* -14
34 19', Servel Corp (la)_ 10 224 214 214 - V*
424 224 Sharon Steel (1.20). 4 26 254 254 +4
120 80 Sharon Stl pf (5)_ 1 824 824 824 -4
14 64 Sharp & Dohme 2 7V* 74 74 -4
65 53 Sharp* Do pf 354_ 1 52 52 52 -1
174 94 Shattuck FG (.60).. 6 104 104 104 + y*
344 19', Shell Union (4*)— 1 204 204 204
174 94 Silver Kin* (.90*).. 4 104 10 10
58 274 Simmons Co 1.75* 6 34 334 334 — 4
604 344 Skelly Oil (1*1 _ 4 404 394 394 -14
197 854 Sloss-Sheffield S * 1 100, 1074 107 107
544 20 Smith (AO) -. 2 204 20 20 -4
404 20 Smith & Cor (1%*). 1 204 204 204 + 4
23V* 164 Socony Vao .60«)_ 35 184 184 184 -4
2:30 p.m.
Prev 1937 8lock and Sales— Net
Hiah. Low. Dividend Rate. Add 00. Hiah. Low. Close, chae.
64 24 Sou Am G&P (.10g) 8 3v* 34 34 — V*
424 284 South P.R.Sug (2a). 1 294 294 294 + 4
324 204 Sou Cal Edia (lVia) 15 22 214 214 -4
654 284 Sou Pacific_ 49 324 31 314 —14
434 17V* Southern Ry__ 30 204 19 19*,— 4
604 25V* Southern Ry 4 30 29 29
114 44 Spalding- 1 44 44 44 +4
1044 89 Spang Chal pf (6)_10e 90 90 90 +1
94 44 Sparks With ... 5 5 44 44
94 734 Spear & Co pf (5 4) 60s 75 75 75 +14
36 24 Spen-Kell (1.60a) .. 1 24 24 24
234 124 Sperry Corp (.60g). 9 144 14 14—4
35 224 Spicer Mfg (2g) ... x 2 27 264 27 +1
284 14 Spiegel Inc (4g)_ 18 174 164 174 +4
954 70 Spiegel pf (44) .... 310a 734 72 4 724 -1
164 10 Stand Brands (.SO). 20 104 104 104 -4
124 24 Stand Com Tob_ 2 44 44 44 — 4
144 54 Stand Gas * El (r). 2 64 54 54-4
324 114 Stand G & E pf (r). -8 13 124 124 -4
65 244 Std G&E J6 prpf(r). 1 28 28 28 -1
724 29 St G&E 7% p pf(r) 2 33 324 324 -14
50 364 Stand Oil Calif (la) 24 364 354 364 -4
50 364 Stand Oil Ind (la).. 19 40 394 394 -4
76 624 Stand Oil N J (la).. 32 574 564 57 -4
48 32 Starrett (L S) 3c .. 2 344 34 344 + 4
21 12 Stewart-Warnt 4a) 2 144 144 144 -4
334 14 Stone* Web_ 9 154 15 154 — 4
20 84 Studebaker_ 23 9 4 9 4 94 —4
224 124 Sunshine Mng (3).. 5 154 15 15
614 32 Superheater (1.75g)x 6 34 334 334 + 4
74 3 Superior Oil_ 28 3 4 3 4 34 — 4
474 194 Superior Steel_ 6 204 194 20 -1
394 244 Sutherl'd Pap 1.60a- 1 24 24 24 -l
284 194 Swift&Co (1.20)... 6 204 204 204 —4
334 264 Swift Inti (2).. .. 2 284 284 28V# + 4
234 94 Symington ww .60g. 10 124 124 124
174 74 Symington xw ,60g_ 8 10 94 94
574 474 Talc ptc pf (2.75a)_ 160* 48 48 48
154 8 Tenn Corp (V4g)__ 5 10 94 94 + 4
654 444 TexaaCorp (2)_ 30 514 504 604 -IV*
94 44 Texas Gulf Prod.._ 13 44 44 44
44 32 Tex Gulf Sul (2a)_ 12 334 33 33 —4
164 94 Tex Pac CAO (.40)_ 9 114 11 H
15V, 8 Tex Pac Land Tr__ 3 84 84 84
134 44 Thermoid- 1 64 54 54 + 4
84 14 Third Ave _ 4 24 24 24 +4
154 64 Thompson(.TR)f%) 1 7 7 7 + Vv
284 194 Thomp Prod 1.40g.. 1 22 22 22 + H
104 3 Thompson-Star ... 1 34 34 34 + v#
214 154 Tide-Water As(la). 18 174 164 lfi'H — t,
984 874 Tide-W As pf (4'/2). 1 88 88 88 -14
284 15V# Timk-Det Ax .50g . 2 184 184 184 — 4
79 524 Timken Roll B(3a). 2 54 534 54 + 4
17 13V* Transamerica Corp. 13 134 134 134 — 4
22’* 84 Trans & West Air . 3 94 94 94—4
27*# 94 Transits* W(.30g). 1 114 114 11*,+ 4
114 5 Trl-Cont Corp (4g) 14 5** 5** 5*#— 4
12 8 Truax-Traer (.60).. 1 9 9 9 _ v* ;
404 274 20th Cent-F 1,50g_ 17 30 294 29** — 4
50 34 20thC-FFpf 1 Vi-— 1 374 37v* 374 - V.
174 6 Twin City RT _ 1 7 7 7 + v*
264 124 Twin Coach (.30g).. 4 124 12 12 — 4
1004 68 I'nd'w'd-EI-F 3.25g. 1 70 70 70 —1
184 134 Un Bag & Pap new 2 15V* 15 15 — 4
111 83V* Union Carbide 3.20g 21 90'* 88 88 —1
284 20 Un Oil of Cal (.So*). 6 214 214 214 - 4
148** 1014 Un Pacific (6) _ 1 108 106 106 + 4
99** 88 Un Pacific pf (4) 1 89 89 89 -1
314 24*# Un Tank Car (1.60). 2 244 24*# 244 — 4
35V* 19 Unit Aircraft (Vic) 26 224 214 214 -4
244 9 UnitAir Lines _ 8 11*, 114 114- 4
30V* 20 Unit Biscuit < 1.60). 1 21 21 21+4
91 69 United Carbon (4a). 6 73 73 73
35 25 Unlt-Carr Fast (2). 1 28 28 28 +1
84 34 Unit Corp _ 29 3 4 34 S'*
464 32’* Unit Corp pf (3)_ 5 33’* 334 334 — *,
16 84 Unit Drug (Vic) .— 12 84 84 84 - 4 j
26** 12 Unit Dyewood (la). 2 15 15 15 — 4'
o'* unit mice COhl_ 8 64 64 6'*
864 64 Unit Fruit (3)_ 4 69', 684 694+14
17 11 Unit Gas Imp (1)_ 2.3 114 114 114—4
244 94 U S A Foreign Sac1 lot, 104 104 — 4
344 10 U S Freight (l%,e). 3 1U, 114 114-4
137 75 US Gypsum (2)_ 4 794 78 78 -1
434 23 U S Indus Alco__ 2 264 26 26 —4
154 6 US Leather- 1 74 74 74 — 4
224 104 U S Leather A_ 3 124 12 12—4
724 33 US Pipe (3) 4 38 374 374 - 4
19’* 6', U S Realty A Imp— 6 74 74 74
724 36 U S Rubber - 41 394 374 384 -4
118 694 U S Rubber 1st pf._ 4 72 71 71 _j
105 73Va C S Sm A Ref (*g)_ 2 78 774 774 -14
1264 7o US Steel - 185 804 774 784 -2
150 119', U S Steel pf (7)_ 3 122V, 121 1224 +14
94 44 Unit Stockyds (V4). 3 54 54 54
8v» 24 Unit Stores A _ 4 34 34 34 + 4
21 154 Univ-Cyclops St(l). 1 15V: 154 154 + V,
86 o94 U-;iv Leaf Tob (3a) 1 62 62 62 -1
44 14 Util P A Lt A (r).__ ' 1 14 14 14-4
24 1 Vadsco_. 4 14 14
394 204 Vanadium Steel__ 5 23 224 224
444 26 Van P.aalte (2V4g>- 1 284 28', 284 - 4
47 38 Vick Chemical (2a) 1 41 41 41 + 4
124 44 Va-CaroChem_ 3 54 5*, 5*, + 4
115 105 Va El A Pwr pf(6) 20s 1104 1104 1104 — 4
37 144 Va Iron Coal A C pf 10s 144 144 14*,+ 4
104 24 Wabash Ry (r)- 2 34 34 34 +4
184 44 Wabash pf A (r>- 4 54 54 5*. _ 4
194 9 Waldorf Sys(.gOg). 1 . 94 94 9*, + 4
33 214 Walgreen (2) . — 1 o4it 044 24V,
514 384 Walker H GAW(2)_ 2 414 40 40 -2
184 84 Walworth _ 12 94 9*. 94 - 4
104 34 Ward Baking B_ 3 44 4 44 + 4 I
18 94 Warner Bros Piet— 38 114 104 104
124 3s, Warren Bros (r) ... 11 54 44 5 +4
46 29V, Warren Fdy AP(2a> 2 31 304 304 - V,
384 194 Waukesha Alot (la) 1 214 214 214
504 324 Wayne Pump (2a) 2 38 38 38 -14
56 284 WessonOAS (Via) 4 32 314 314 -4
108 89 W Penn El A (7) 20s 97 97 97 +4
103 81 West Penn El pf<6) 50s 954 95 95 — 4
109 904 W Pen El 7% pf (7) 10s 1004 1004 1004 - 4
30V» 23 West Auto Sup 1.60 3 244 24 24 —4
114 54 Western Maryland. 1 64 64 64 + 4
44 14 Western Pac . ... 2 14 14 1*,
334 29 West Un Tel 2.25* . 22 334 324 304 _j
574 264 Westlnghse Air (1) 16 294 284 284 -4
1674 110 Westhse ElAM(3g). 27 118 114 114 -4
170 122 Westhse Elec pf 3g. 10s 125 125 1 >5 —1
27Vi 16 Westvaco Chi (1)._ 4 17 17 17 41
65 324 Wheeling Stl- 4 374 36 36 -1
334 14*, White Atotor__ 6 164 16 16 — 4
6*, 24 White Sew Mach_ 1 31, 31, 34- 4,
64 24 Wilcox Oil & Gas... 5 34 34 34+ 4
54 44 Will.vs Overland_ 45 54 44 47, .. 1
12 84 Willys-Ov'd pf .60.. 12 10*, 10 104 + 4
124 64 Wilson A Co t Vi)_ 22 74 7 7 _ 4
654 404 Woolworth (2.40)_ 2b 43 424 43 + V,
112', 74 Worthington pf A_ 10s 764 764 764 -2
128 594 Wright Aero- 10s 66', 664 664+ 4
62V, 354 Yale A Towne (.60). 1 364 36V, 364 - *,
374 134 Yellow Truck _ 29 15*, 15V, 15v, + 4
464 314 Y’oun* Spring (3) .. ] 32 32 32
1014 54*, Ygstwn ShAT 2.50*. 12 574 564 56v, -1
43*, 30 Zenith Radlo(lVig) 9 344 334 334- 4
94 34 Zonlte Prod—_ 5 4 37, 37,
Approximate Sale* of Stock* on the N. I. Stock Exchange.
11:00 A.AL- 150.000 12:00 Noon_ 240 000
1:00 P.A1- 320.000 2i00 P.M_ 4d0[000
* Actual sales- unit of trading 10 shares,
r In bankruptcy or receivership or being reoreanired und.r
bankruptcy ac, or securittes assumed by such companies
Rates of dividends in the foreaoin* table are annual di«
bursements based on the last quarterly or semi-annual declara
lncludedn e*S othfrwl!e notfd special or extra dividends are not
x Ex dividend, xr Ex rights, a Also extra or extras e Paid
last year f Payable in stock, g Declared or paid so far thl
cfared this*vearF MOck' k Accumulated dividend paid or de
CHICAGO GRAIN
By the Associated Press.
CHICAGO, October 4. — Wheat
closed somewhat lower in late deal
ings today, owing to lack of aggres
sive North American export demand.
The United States wheat visible sup
ply decreased 252,000 bushels, the first
reduction since this year's crop started
to move in volume. Chicago stocks
of wheat decreased almost 400,000
bushels and Kansas City stocks 546,000
bushels.
At the close wheat was '«- V2 under
Saturday's finish, December. 1.07%
%; May, 1.08>2-5r: corn unchanged to
% lower: October, 69%; December,
631/2-58. and oats unchanged to % off,
WHEAT— Open. High. Low Close.
Dec. . 1.(18', 1.08% 1.07% 1.07%-%
May _ 1.00 1.09% 1.08% 1.08%-%
July 1.03 1.03% 1.02% 1.02%
CORN—
Oct. _70 70% 691, 69%
Dec. _63% 64% 63% 63%-%
May _65 653, 64% 64%
July _66 66% 65% 65%
OATS—
Oct._ 31%
Dec. 30% 30% 30% 30%-*,
May 31% 31% 31% 31%-%
July 31*, 31% 31% 31%
SOT BEANS—
Oct. _ 97
Dec. — 94% 95% 94% 95%
May _97% 98 97% 98
RYE—
Dec. -79% 79% 78% 78%-79
May — 78*4 78% 77% 77%
No barley.
LARD—
Oct, ... 10.97 11.05 10.97 10.97
Nov. _ 11.07 11.07 11.02 11.02
Dec. . 10 95 11.02 10.90 10.90-92
Jan 10.77 10.77 10.72 10.72
BELLIES—
Oct. ... 15.40 ... 15.40
Chicago Cash Market.
Cash wheat. No. 2 hard. 1.16: No. 2
mixed. 1 12%; corn. No. 2 yellow, old.
87-90; No. 2 yellow, new. 84: No. 2
white, old 70: oats. No. 1 mixed. 33:
No. 1 white. 33-34%: rye. No. 2. 80%
81%: No. 3. SO'i-81: soy beans No. 2
yellow, 98-98%: barley sales, 70a86; teed.
40-55. nominal: malting. 60-86. nominal:
timothy seed. 2.25-75 per hundredweight:
red clover. 27.50-32.50 per hundredweight.
Liverpool Grain Prieea.
LIVERPOOL. October 4 (IP).—Wheat
futures closed steady.
Prev.
High Low. Close Close.
October ... 1.38% 1.37% 1.37% 1.36%
December — 1.36% 1.35% 1.35% 1.34%
March_ 1.31% 1.30V, 1.30% 1.29%
1 Wheat gpot. Northern Manitoba* un
LARGER NET REPORTED
BY DOMESTIC FINANCE
Special Dispatch to The Star.
CHICAGO. October 4.—Arthur
Greene, president of the Domestic Fi
nance Corp., announced that net profit
for the first half of the fiscal year,
which ended September 30, will be
substantially larger than for the
similar period of 1936. Audited fig
ures will be available before Novem
ber 1.
In a letter notifying stockholders
that the regular Quarterly dividend of
50 cents on the preferred stock had
been declared payable November 1, Mr.
Greene said that the volume of loans
made in the first five months of the
fiscal year amounted to $6,250,706. an
increase of 61 per cent over the same
period of '1936.
Outstanding balances increased 36
per cent, from $5,006,903 to $6,817,591,
in the same period.
DIVIDENDS ANNOUNCED
NEW YORK. October 4.—Dividends de
eUred:
Secular.
Pe- Stock of Pay
Rate. riod.record, ablp.
Midwest Piping A Sup 15c 10-S 10-15
Initial.
Cent NY Pow S% pf_*1.25 Q 10-15 11-1
-•
NEW YORK SUGAR.
NEW YORK. October 4 m.—Sugar fu
tures were quiet here today and trading
was confined to the No. 4 contract, which,
after advancing 1% points early in sym
pathy with the steadiness of London, re
acted partially under liquidation and
hedge selling.
May sold off from 1.17% to 3.17 and
September from 1 .‘14% to 1.23%. leaving
the list at the beginning of the last hour
% to 1 point net higher.
quoted. Eschange. 4.95.
• Baltimore Quotations.
BALTSfORE October 4 UP>.—Wheat.
No. 2 r«wint*r. garlicky, spot, domestic.
1.09>«r^fctober. 1.09V*.
ORDERS OF BREWSTER
AERONAUTICAL JUMP
Special Dispatch to The Star
NEW YORK, October 4.—Coincident 1
with the announcement of the election
of four new directors of Brewster
Aeronautical Corp., Long Island City, j
N. Y., James Work, president, in a !
letter sent to stockholders today re
Port* that unfilled orders on hand
September 30, 1937, amounted to $1,
534,579.04, or approximately $1,000,
000 in excess of the $575,639.45 of j
orders on hand as of September 30,
1936, and were the largest in the com- I
pany's history.
One of the most noteworthy orders
received during September was from j
the Canadian Car & Foundry Co., i
Ltd., for the manufacture of aircraft i
parts in the amount of $267,000, Mr.
Work stated.
-•
NEW YORK BANK STOCKS
GAIN DURING WEEK
Special Dispatch to The Star.
NEW YORK, October 4.—New York
City bank stocks registered a recovery I
during the last week, according to
record* compiled by Holt, Rose & (
Tr aster.
The aggregate market value of 16
leading issues on October 1 amounted
to $1,680,131,000 against $1,602,489,000
on September 24, an increase for the
week of $77,642,000, or 4.85 per cent.
The current average yield of the 16
issues of 3.93 per cent compares with
a yield of 4.12 per cent on September
24. The current market value is now
1.21 times the known book value
against 1.16 times a week ago.
Based upon current figures the 16
issues are now quoted at an average
ot 16.3 times tiidr known earnings
ifcmpared with 15.5 time* on Septem- |
ber 24. I
’_ < ¥
FRACTIONS TO $2
Steel and Carrier Shares
Assume Leadership of
Late Decline.
. Stock Averages
30 IS 18 80
Inrtuft. Rail*. Dill 8toeXs
Net change Unc Unc. Unc. Unc.
Today, noon 80.1 29 4 37.1 58.5
Prev. day... 80.1 29.4 37.1 58 5
Month ago. 90 5 34.3 40 5 63.7
Year ago___ 92 8 41.9 52.0 69.8
1937 high..101.6 49.5 54.0 75.3
1937 low... 76.3 27.3 35.4 53.7
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
(Compiled by the Aaeocleted Preen.)
BY VICTOR EUBANK,
Associated Press Financial Wrrtr.
NEW YORK, October 4—Led by
steels and rails, stocks fell back frac
tions to 2 or more points in today s
market.
A contributory factor was a more
than expected decline in the current
week's steel mill operations to 66.1 per
cent of capacity, ofT 8 3 points. The
rate was the lowest since April, 1936
Failure of the rails to respond to
the week-end settlement of the lengths
wage dispute also was an influence in
discouraging trading forces. The
transportation division edged for
ward at the opening, along with a
number of specialties, but followed
steels, motors, farm implements and
others in the late backslide. Mild sup
port came in just, before the close and
extreme losses were reduced In some
cases.
Chilling buying contingents also
brokers said, was the more definite
hint of a special session of Congre^j
contained in the President's North
Dakota speech today. Business news,
generally, lacked stimulating quali
ties.
A break in cotton futures to below
8 cents a pound for the first tim:
since 1933 added to the cloudy markcl
sentiment. Bonds were uneven.
Activity was the smallest in about
a month, transfers being in the neigh
borhood of 650,000 shares.
Conspicous on the offside were U
S. Steel, Chrysler, Bethlehem, Wheel
ing Steel, National Steel, Republic
Youngstown Sheet <fc Tube. Santa Fe
New York Central. Southern Pacific
Great Northern, Northern Pacific
Southern Railway, American Stee
Foundries. General Motors, U S
Rubber. Goodrich, Montgomery Ward
Sears Roebuck, J. I Case, Deere. In
ternational Harvester, Caterpillai
Tractor, Oliver Farm. Boeing. Western
Union, Anaconda, Kennecott. Ameri
can Smelting, Phelps Dodge, Westing
house, Du Pont. Lehman Corp.
Crown Cork, Armstrong Cork. Radi:
Corp., Chesapeake Corp., Johns-Man
ville, AHis-Chalmers and National
Supply.
Resistant were Baltimore & Ohio
Continental Can. American Ban!
Note, Crane Co , Addressograph, Yel
low Truck. Inspiration Copper, Miam
Copper, Wool worth, Cora Product
and United Fruit.
NEW YORK COTTON
By the Associated Press.
NEW YORK. October 4.—Con
tinued hedging and liquidation de
pressed cotton prices below 8 cent?
for the first time since May, 1933, to
day.
The decline met resistance at 7.9E
for January and March on increases
trade fixing and covering promotes
by a belief that heavy wee's end rair
in the South would retard the crop
movement. However, rallies were lim
ited.
December, which sold off from 8:1!
to 8 cents, was quoted at 8 15 by mid
afternoon. when the list was 3 to H
points net lower.
Futures closed steady. 1 hiRhfr to 10
lower.
High Low Close.
October __ 8.:t« 8.26 8.3:1
December 8.IK 8.in 8 12-15
January _ 8,n« 7 99 8.94n
March 8.19 7 99 8.93-04
Mav S|4S nfi 8 lo.))
July 8 19 s or 8,13-14
Spot steady, middling. 8.48.
n—Nominal.
Cottonseed Oil.
Bleachable cottonseed oil future*
closed steady. 2 to 6 lower. Sales
142 contracts. October, 1.34B; De
cember. 7 31B; January. 7 34B;
March, 7.38; May. 7.46. B—Bid.
New Orleans Prices.
NEW ORLEANS. October 4 i;p>.—Lower
Liverpool cables and hedge selling in
duced declines of 3 to lo points in cotton
here today and carried oft positions to
new* lows for the season.
Trading was only moderate, but sus
tainina support was lacking Official re
ports that the tropical disturbance had
moied inland failed to bring out any
buying orders and the market was de
pressed further by Inactive textiles
October contracts opened at *71 bid.
December at 8.21, January at 8.10. March
at 8.17. May at 8:15 and July at 8 70
Recent sellers took proflis after the start
and toward the end of the first half hour
active positions had rallied 1 to H point ,
from the opening lows.
Cottonseed oil oppned steady: October.
fi.8lb; December. 11.8:1b January, 6.81b;
March. 0.97b, May, 7.09b.
b—Bid.
Liverpool Quotations.
LIVERPOOL. October 4 i/P'.—Cotton
4.309 bales, all American. Moderate busi
ness done in spots, prices 19 points lower
Quotations, in pence American, strict good
middling. 3.64; good middling. 5.34: strict
middling. 5.09. mtddllng 4.79: strict lo ■
middling 4 34; low- middling. 4.04. strict \
good ordinary. 3.54; good ordinary. 3 1J
Futures closed quiet and steady Octob*
4.59. December. 4 67: January. 4.159.
March. 4.74; May. 4.78: July, 4.82.
-a
NEW YORK BANK STOCKS
NEW YORK. October 4 ‘4b.—New York
Security Dealers' Association:
Quotations as of 2 o'clock.)
Bid. Asked.
Bank of Manhattan (l'») dd'a 28
Bankers Tr (21 55'a 5J'a
Brooklyn Tr Hi 100 105
Central Han Bk & Tr (4) 10ft 10*
Chase Nat (1.401 39 41
Chem Bk & Tr (1.80) __ 52 64
Commercial (S> 187 173
Cont Bk S' Tr (.80) _ 14 l.Va
Corn Ex Bk Si T i3) _ 6S''« 68L«
Emolre Tr <li 28V« 27'4
First Nat (Bosi (2)_ 41'4 43>»
First Natl (1001 lspn 2030
Guaranty Tr (12) _ 282 287
Irvins Tr (.80) 13>« i4'4
Manufacturers Tr <2> _ 43'2 45ia
Manufacturers Tr pf (2) 47'a 49>a
Natl City (1) _ 34'a 38'a
N Y Trust (5> _ 120Va 123'a
Public f 1 * aa)_ 35 37
Title Q & T_ 8% 9%
MONEY MARKET,
NEW YORK. October 4 (4b.—Call
money steady; 1 per cent all day. Prime
commercial paper. 1 per cent; time loans
steady; 80-9(1 days. 1>4: 4-8 months. 1’2
per cent; bankers' acceptances unchanged.
30-90 days. ‘i-i4; 4 months, A-'a; 5-8
months. rediscount rate, New
York Reserve Bank, 1 per cent. s
-#———.
OFFERING POSTPONED.
NEW YORK. October 4 UP).—An
offering of $6,650,000 bonds, scheduled
for October 22 by the Philadelphia
School District, has been postponed
and no new offering data set for ttp
Issue, It was announced.

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