Evening Star Newspaper, December 2, 1923, Page 92

‘10 FINANCIAL, TRADERS IN STOCKS THE FINANCIAL, < WALL STREET LT N BRIK ADVANCE ’Oils, Tobaccos, Textiles and | Steels Among Stocks Mak- mg Good Gains. D. DECEMBER 2, UNDAY STAR, WASHINGTON, 1923—PART 6. BOND SUMMARY FOR THE WEEK T 10802 100 80 101 78 101 00 10100 101 86 T i Last. Tiotd 10190 9870 99 20 9910 99 18 99 20 e Lo 99-5 leerly-!’ o 99-20 96-12 Liberty 2d 3 96-20 Liberty 1st 4145 193247 96-24 Liberty 2d 4% 19 97-25 Liberty 3d 4%, s 1928 96-27 Liberty th 41,s 1533 9 Treasury 1%s 1947-52... 99-18 Prev. weel FoR lose. High. Argentine 7s 1927 Advance Rumely pt. 2 Loew's. Incorporated 4 :;::l;idu“:\;::n — l),ol'l. Incorporated 4 Allied Chemical & Dye. 2 Lotiatd.b o 4 Allis-Chalmers Mfg 5 Louisville & 7 Allis-Chalmers Mfg pf. 1 MeIntyre Porcupine Mines —— Am Agriculture Chemical 6 Mactk Truc —— Am Agriculture Chem pt 7 Mack Tru 310 American Bank Note. —— Macy (R H) & i‘omfian'v —— American Beet Sugar..... i — Magma Copper. —— American Bosch Magneto. 34% —— Mallinson & Co. 76% 5 AmericanCan 105 5 Manati Sugar. GOLD SUPPLY PILES UP|>: 141 9 § 12 American Car & Foundry. 162 4 Manhattan Elec Sapply W 5 1o 2 phaimiw y SR 4 Manhattan Elevated gtd. 30% . = ATnericas Chilole ‘ i —— Market Street Rallway. .. 4 148 ~——— American Cotton 6 Market St Railway prpf.. 334 = American Cotton Ol v 2 —— Market St Raflway 2d pf.. 68 American Expre e Market St Rallway pf —— Am Hlde & Leather pf. Marland Oil & Refinin 7 American]ce........ Marlin-Rockwell American International... Martin-Parry American Linseed. .. Mathieson Alk. American Linseed pf. . Maxwell Motor, Class Am Locomotive (new). Maxwell Motor, Class B Amertean Metal. . May Department Stores American Radfator. Mexican Amertcan Rolling Mill pf.. Mexican Seaboard ctfs. American Safety Razor Miami Copper. .. Am Ship & Commerce. ... Middle States Ofl American Smelting & Ref. Midavale Steel Am Smelt & Refining pf. M, St Amertean Steel Foundry. Mo Kan & Texas new. American Sugar Refinin, Mo Kan & Texas pf new. Am Sugar Refining pf ourl Pactfic. . Am Sumatra Tobacco. ouri Pacific pf Am Sumatra Tobacco pf... Montgomery Ward Am Telephone & Teleg- Moon Motors ‘American Tobacco. . Mother Lode Coalition Am Tobacco Class B Am W W & Elec par pf. Am W W & Elec st pt. Amertcan Woola: American Woolen pf. Anaconda Copper. Arnotd Constable & Co. ... Asso Dry Goods. Asso Dry Goods 1 Associated Oil (new). . Atchison, Topeka & S Fe. Atch, Topeka & SFe pf... -.w 14 Speculators Wonder if Trade Gains Have Already Been Discounted. A 102% 1 Belgium 7%s 19 98 4 Belglum 65 1925 261 Belgium 8s 1941 . 99 Bordeaux 6s 1934 Brazil §s 1941. Canada 55 1926, ... Canada 5% 1929 anada 6s 1952. hile 85 1946 Chile 8s 1926 Chile 8s 1941 Chinese Govt Ry 5s 1951, Copenhagen 5%s 1944, Czechoslovakia 8s 1951. Denmark 8s 1945, Denmark 6s 1942 Dutch E: Dutch st Indles E»& 1962 Framerican Ind D French Govt 55 1945..... 9 Y By the Associated Press. French Govt Ti:s 1941 g g NEW YORK, 1 Holland-American s f 65 1947. A il apanese 1st 4345 g Japanese 2d 4% 4 4 covering, turn 4 Japanese 4s 1931. up briskly in today's Jergens Utd Margarine 63 1947. of the market. Lyons 6s 1934. vatiing 2 M itie 6a a rallied in th % Mexico Bs 1954. American ( Mexico 4s 19 maker, inside Netherlands 6s 1972 nearly two po Norway 8s 1940. . s Paris-Lyons-Med I+1 1l +44++4+ + 4+ 1+ I+ 1+ MUCH SHORT COVERING Tax Reduction Discussed—Possible | Baldwin Action by Congress Will Hit Rail Stocks Before Bonds. and Studebaker Up. Sterling Improves—American Can at New High Level. e ] -/ BY GEORGE T. Snecinl Dispateh to The Star. NEW YORK., December 1—Wall street remains absorbed in the prob lem of the relation of the security markets to the state of trade. The question is whether the recent advance in stocks measures improve- nent in business, act and prosped- tive, or whether It is the effect of increased dividend disbursements and favorable earnings statements, all of which represent conditions in the past. The turn in the came sumult with the dividend on HUGHES, cember 1—Actiy ivance. alded b 1 stock priees brief sesston Commodity prices als: half-lholiday trading again was the pace buying pushing 1t up nts to 143, a new high . The strength, how - s e ever, w eneral, covering, in addi otand ex 1947 1001 i tion to the usual leaders, a wide as de Janeiro 8s 1946 J : | ent of shares in the olls, te 0 Paulo, Stal texetl % i 9 oxtiles, cuts, steeis . Dept of, Ts a Same & ! short IIII‘II”]I’]II"III FlHl+++11 sveme wm|lqlnqm L4+ 141 neously equipn rtment Store el & -n.unms National Lead tion of an extr lties e Foreign News Helpa. ‘n}lmi iz’_lm;:j 5 Several factc contributed to t nited ingdom 5 of optimism and INDUSTRIAL AND MISCE NEOT! e = i ahoct & 96 Amer Agri Chemical 7 e % Debad e : 86% Amer Smelt & Ret Ist o5 1047, 02 S Hasiily [ Overnight New Y . . 023, 99% Amer Sugar Refining 6s 19 007 e by BoH {:o: Q?‘rrl‘; 8.71“&!: R ‘7,, % 4 95 Amer Tel & Tel cl tr 58 1946.... 96 - United States New York Chi & St L pf. .. 6% 86 91 Amer Tel & Tel cl tr 4s 1829 were construed s New York,NH & Hart.... 15% 164 Armour & Co 45 193 New York Ontarlo & W 16 16 e D ing Ot Norfolk & Western 103%2103% ell Tel (a) ret 95 1943 Notth At s lsar: 201 223 Bethlehem Stecl p m 55 1036, Northern Pacific 53% b53% Bethlehem Steel s f 65 1943. Nungally & Company. 8 9 Brooklyn E Igon_--‘vl\ 1540 Orpheum Circuit. . 18 19% Contral Seatusr bs 1] Cerro de Pasco 85 193 Ses tewart g:xl: El‘::l'w" o 1,305 Chile Copper 6s 1932. . amount. S &7 4 Cons Coal (Md) Individual Weak Spots. = " 3 Cuba Cane Sug ¢ ere’ ew in v Owens Bottle. 43% Detrolt Edison ref 6a 1940, RS h ey indiviiual weak Pacific Gac & Electric. 83% 4 Du Pont de Nem 7343 1931 & 4 points; Atlantic Re- : atl. . Emplre Fuel & ¢ B and Eastman Kodak, 2% cific Oil. General Electric deb Ss 1.'« ening somewhat irregular ckard Motor Car., 5 1947 hunge rates improved in n-American Pet TY‘D . perhaps of the better ao- Pan-Am P Trans Class B.. evident between Great Britain Parish & Bingham........ “rance over German policies. De- Penna Coal & Coke rling regained the 2 cents Pennsylvania Railroad. wing quoted at Penn Seaboard Steel h francs contin- Peopi nce more than 6 Peorta & Eastern Pere Marguette. . Philadelphia Company. Phillips Petroleum forris & C Arrow.. srce-Arrow pf. Picrce-Arrow prior pt. Pierce Oil. 5 Pierce Ol pf Pittsburgh Coal. Pittsburgh & W Virg Postum Cereal....... Pressed Steel ¢ Pressed Steel Car Df Producers & Refiner. Public ce new Public % pt. I I B e B I I I I I S and wit more fav pated. T ed by the aruing han h. mple ha of many othe . o! o corporations, greatly te benefit (vf - = b the shareholders and, quently, to | 954 85 863 the market, but there are i 83 109% Atlantic Coast Line. . doubtless who point out that this| 43% 19% 9% AtlanticGult & W I represents isbursements out of | 81% 15 6% — Atlantic Gulg & WIpt.. profits already made, and is no indi- 1167 117 98% 4 Atlantic Refinin cation of what may be expected next | 40% 9% 17 —— Austin Nichols YiehEs 91 68 78% 7 Austin Nichols pt. Business Encouraging. —_— 4 7% 8 Auto Knit Hoslery. As to busines itself, the evidence is |142% 92y 110% 7 Baldwin Locomotiv encouraging. There has been a re-| 604 83% 40% 5 Blll(mnrezgmo- = markable show of buying in pig iron,| 66% 524 S5 4 ‘Psitimors o aithough trade authoritics are of two | 56% 194 9% —— Barnsdall, Class A. minds how long this activity may be| 89 17 6 —— Barnsdall, Class B expecte i Automobile 50 —— Bayuk Bros. ng abead with | 53% 3 51 +8 Beechnut 41% 5 Bethlehem Steel........ of cotton 1004 94 €7 7 Bethlehem Steel pf new. power in the 39 19% 121 — British Empire Steel 2dpf. rities of rai 124% 100 104%; 8 Brooklyn Edison Electric. and southern ¢ 91, —— Brooklyn-Man Tran tr ctfs S aeen. conreenondingly. 81% —— Brookin-Man Tr pf trctfs. tefull trade the cov % 103t3 8 Brooklyn Union Gas good, and tl Iwal intorn n is thy 7 : 100" 10 Burns Bros. 4 e buying steadily, b cautiously, with no ace .xl:flo||l:)v;' ; - 3 = 2o BnEnk RIS ¢ AT heeie 50c Butte Copper & Zine tinuation of reas — Butte & Superlor It fs still a question, how — Butterick Company. how much of thess fuvorable indica- 6 California Packing tions has been discounted in the stock 2 i 1% California Petrolm (new). market o 7 Callfornia Petroleum pf.. 1a Causes Alarm. 2 Calumet & Arizona, Meanwhile there is one Canadian Pacific. tion of vital import cussion of the fu That is the £old supply the tide wiere been pourin last few yveq have all pro keeps comini, have in the United States a &old for every paper dollar an i saamal Orleans, Tex & Me w York Alr Brake N Y Air Brake class A. New York Canner: aamg, ) cover m abroad w +1+1 1 Corporation, a bullish influence. Buying of the uipmente proceeded aldwin moving \IP points, and Pullman advancing 2 oints. Motors and motor accessories 150 were bought readily, Studebaker eord 1is point 'gain, whils Warner gained @ stmilar ] P S P e Goodrich (B F) 6 Humble O Indiana Steel 5s 1 Inter Mer Marin, zoouds. Inter Paper bs B VI I+ 1 I+l 44 b+ | 444 invest- in the re- s in the Federal 1and deposits 431,000 and time. de- X3,000. Thera was 1se in circulation. Ag- totaled $524, of $13,001 847,300 over the {OILS ARE FEATURE OF WEEK ON CURB Prairie’s Jump From 209 to 220 Proves Widest Move in Stand- ard Group. Assoclated Press. W YORK, December 1—A fea- Lk Y Gas E L H & P 55 1948, ew York Tel 6s 1941 New York Tel 4ias orth American k Central Leather Co pf Cerro de Pasco Copper. .- Chandler Motor. Chesapeake & Ohlo. Chesapeake & Ohio p! Chicago & Alton. . Chlcago & Alton pf. Chicago & East Illinola Chicago & Great Western. Chicago & Gt Western pf.. Chi, Milwaukes & St Paul. Chi, Milwaukee & St Ppt.. Chicago & Northwestern Chicago Preumatic Tool Chicago, R 1 & Pacifie. Chi R1& Pacific 6%. ChiRT& Pacfic 7%....... Chicago. St P, M & O Chile Copper. Chino Copper. C.C.C&StL. Cluett-Peabody. Coca-Cola Colorado Fuel 260 Columbla Gas (new) 4 Columbia Carbon. N e & Comput Tab Record. e s 10 Congoleum Company. ‘ ; . ~— Consolidated Cigar. Ney Secmrites Thrown Ofver, : o5t 6% © Comsolldaed Gasnew The weelk just closed has been on —_ Consolidated Textlle. of hesitating movements in securi | 7 Gt Can ;l;‘f\!] : 5 ::l' Ilhhx-kclf frl' in i\(lllon{i 1% —— Contlinental Motor: bonds has heen fairly steady an : Eoporta ot averubstition ot e | 1344 91 4% 184 Corn Products Ret e ssues are the s @ ittle 2 9% 8% 7 Cosden Company pf.. 0 b ay 2 i 57 4 CrucibleSteel. 67% o 3 Cuban-American Sugar 328, 4 — Cuba Cane Sugar. . 145 —— Cuba Cane Sugar pf 56% —— Cuban-Dominican 6% —— Cuba-Dom Sugar pf 40 4, Cuyamel Fruit.. 60% Davison Chemical. ... 7914 Delaware & Hudson. .. ... 108%1108% Delaware. Lacka & West.. 118t 117 Detrolt Edison. . 21044 104% Dome Mines... 20% 18% Du Pont de Nemours, 130% 126% i +8% Eastman Kodak. .. 110%£107% 260 Eaton Axle & Spring....-a 2% 23% 14% Electric Storage Battery.. 66% 64t Endicott-Johnson. . 6714 63% 7 Endicott-Johnson pf. 113% 113 —— Erle Railroad 19% 18% elen purchasing ix vers Z Erfe Rallroad st pf 28% 217 For private individual investors the "~ Frie Raliroad 2d pt. 235 22 rallroad bonds of the savings bank 8 Famous Players-Las] = 69 63% grads with its 47. to 3 per cent - 4 84c_Fifth Avenue Bu 9% 9 )’l'eh;lmnfrr-rs nu”xm ,; m. The man —— Fisk Rubber......... 8 % of large wealth finds & tax-empt a higher yvie —— Freeport-Texas. .. % 12 o= meducdian Diecambd, 3 General American Tank... 47 47 ey iz idine there has been & good —— General Asphalt. . 37 32w Scus; his week w 1% regard to the effect of a reduction |11 o Senerl B.k‘,',:‘."’" Cu gf:: Plddddtt4 i +4+1+444 country the n to go back The gold that w Paclfic Tel & Tel 65 195! % Philadelphia Co ref 6s 1944 Public Service 5s 1859. nclair Ofl 7s 193 Sinclair Crude 3 4 South Porto Rico Sugar Union Bug & Paper 65 D. Pullman Co. i United Drug cv 8s 1941. Punta Alegre S .. U'S Rubber 1st & ref 55 1947 Pure O11. ceee ‘ 5 4 i U S Rubber 7 Pure Oil pt - 9 3 US Steel s £ 5 Railway Steel Springs. ... Utah Power & Light 5 Ray Cousolidated Copper. Va-Carolina Chem s f s Reading.. Va-Carolina Chem 71¢s '37 Remington Typewriter. .. Western Union Tel 6% 1936. Remington Type 2d pt Wilson & Co 1st 6s 1941. Reploglie Steel Wilson & Co cv Tis 1931, tepubltc Iron & < RAILROAD. Rebublic Ir & Steel pf. Afchibon el 48 1090 R Atlantic Coast Line Ist 43 market on the New York Reynolds Tobaceo, B Balto & Ohio pr In 3135 19 b hange this week was the Royal DN rshs 4 Balto & Ohio gold 4s 1948 ! f > response made in the pe- S Soaen L, Balto & Ohio 6s 1 group lo the significant aorenhi Balto & Ohio cv 4% «nges that have occurred i the Balto & Ohio ref 5s 1985..... ... ¢ 5 4 Payment of premiums ov B&OPIts LE & W V 9 % rices in several fields and u B & O Southwn div 3%s 1925.... 9% 96 % 957 | It decrease in output, including ‘anadian Northern 6 946, % 1115 falling off in the Powell Canadian Pacific deb 4 782 8% G d Dot recetve degree of Central Pacific is 1049. ... hich 4 Chesapeake & Ohlo cv bs 1946. . 5 Chesapeake & Ohio cv 414s 1 % Chesapeake & Ohio gn 4 Ped 4411 ney in circulation tio of the stands at rec then is a fu ition with which any st reckon from time c modify ti alone, in the lons to stimulate business and to raise the gen How far this will g one can tell. The i< thut such ex; ed by a rise federal rd dg- amental forecaster Other In- to time con- 1+ | g 80% B4 and spe e .t 1 price level o of 'cours 7 rule of experis 87 I Schulte Stores. eaboard Alr Line. aboard Alr Line pf. Sears-Roebuck. . Seneca Copper. hattuck Arizona. Shell Trad & Tran, Shell Unton Ol 6 Shell Union Oil pf ~—— Simms Petroleum. . Simmons Co. . Sinclair Con Of1 inclair Con Ofl pf.. —— Skelly Ofl. —— Sloes-Shefield St & Tron. outh Porto Rico Sugar. outhern Pacific. outhegn Railway. jouthern Rallway pf e 1 T O B I S S R o S S o S S A (A that which Chicago & Alton 3 that which Chi B & Quincy 1st ret Chi & Fastern Il gen §s 1951, truding during the (EREE. points when was withdrawn lators tak 2T group was in Pra from 203 to above was said to be due more ipletion of the absorption of oducers and Refiners’ Company trade conditions. Standard ndiana, after was In hoping to and the which money may be tate the operat that the expecte, nial lalize the se Chi M & St Paul ref 4 Chi M & St Paul cv Chi M & St Paul ev 4%s 1932. . Chi M & St Paul gen 4 1989 Chi & Northwestern 6% 1936... Chicago Railways os 152 Chi R 1 & Pacific ref 4s 193 Chi Unlon Station 6%s 1963. a6y Chi & Western Ind con 4s 1952, 6% C CC & St L ref 6s A 1929 8 b 4 Cleveland Term 6%s 1972... 55% Colorado & Southern 414s 1835 tad% Cuba R R 55 1952 116% Delaware & Hudson 5%s 1937 to% Den & Rio Grande con 48 1936. 8915 Den & Rio Grande 1st ref s 19 0w Erie 1st con 48 1996. 7 1024 Erie gen lien 4s 1995. Ll 11% Erie cv 4s A 1953. upauerol 2% Erle cv 4s D 1953. UpSEior Shenl. - 4 30% % Grand Trunk s f deb 63 1936 weets Co of America. . ... 25 Grand A Tennessee Cop & Chem. 5 8% Great Northern gen 75 1936 3 TexasCompany 0% Great Northern gen §%s 10 8 TexasGulf Sulphur. 59 Hudson & Manhattan ref 5 Texas & Paciflc. . 18% 55 Hudson & Manhattan adj 5s 1951 orrowed facili- When it seen profit does not urities are thrown over for what they will bring. The trouble 1s that this class of sub- seriber is too eager for quick gains. As far as Investments of the high- est grade go. a position of stability Eeems to have been reached. Buying by banks and finan institutions ] mupports the market but does not sdvance the quotations, and the o LR NN I 441 +4 1 5214 58 188% tn anndnr.l oi“ot ‘New York d Vacuum Oil. South er falling 3 te, ho a sharp advance Friday. v York Transit was a weak fea- ture in the early trading, falling & points, BOND TREND UPWARD. {Most Changes Are Fractional in Saturday Market. YORK, December 1.—Net o 4 ‘anges in bond prices today., with 1957 s0% &2 - the exception of few individual is- £ sues, were limited to fractions. The s was restricted be: (R X 3] tandard Ofl of California. 1 Standard OllofNJ... 7 Standard Ofl of N.J pf. +5% Sterling Products. . 10 Stewart Warner Speed R | 1++|+++| =113 in the surtaxes on Ligher income on the market for municipal and state bonds. Ono of the arguments in favor of such a reduction is that capital now diverted to the non- roductive tax-exempt sec rity would e avallable for productive industry. So far, however, there has been no sign of weakening iu !h( demand for high grade munic| the fact. In speculati ru“r(\nd securities the tendency has been to favor the bonds as against the stocks. No mat- ter what Congress m do in the Wwav of railroad regulation, the bond- holder is mot likely to be affected. At any rate, the brunt of the attack will fall upoen th tockholders, Asa juatter of fact this is the whole trouble with railroad finance. It {s €0 much more attractive under pres. ent conditions 10 be @ creditor than %0 be a partner. BALTIMORE LIVE STOCK. BALTIMORE, Md., December 1.— e general live cattle market rules £teady to firm, but quiet, as is natural Jollowing a holiday.* Receipts con- tinue ample at stock vards, but light on the wharves, and most of the lat- ter of common to ordinary stock which has to be sold at_dlscount Quotations today at Light street Whart: Beef cattle, first quality, b, 7 to §; medium, 5 to 6; bulls, as to quality, 4'to b; cows, choice to fancy, 4% to bl; common to fair, 2 to 4; oxen, as 1o ‘quality, 4% to 5%; milk cows, choice to fancy, head, 50.00 to 75.00 common to fair, 30.00 to 50.00; calves, weal, cholce, 1b., 11 to 11%: ordinary to medium, 8 to 10; rough heavy com- non, 5 to 6; sheep, choice, 5 to 6; old ucks, 4 to 43%; common, 2 to 3; lambs, spring, choice, 12 to 13; fair to 00d, 10 to 1i; common, thin, 7 to 8; ogs, stralght, 7 to 8; sows, 5 to 6 stags and boars, 3 to live pigs, as %o size and quality, 8 to 9; shoats, as o size and quality, 7 to 8, LIVE STOCK MARKETS. NEW YORK, December 1.—Cattle Receipts, 500 head: 5.00a10.10; bulls, 3.04 4.25. Calves—Re Steady; veals, 13, Jittle calves, §30a8.50; grassers, 3.0 Sheep and lambs—Receipts, 1.300 Bond; firm. Sheer, 450a6.25: culls, 2000 B.00: lambs, $.00a14 016,00, Hogs—Receipts, 1, ligm to medium weights, 7.20a7.50; pigs, 8a740; . heavy - hogs, 6607, oo, SuEni, 625G 8% T0% 45% 28% 14% 6% 19 5 47 16 4% 4% 21% 16 82 65 1% 61% 27% 19% 27% 10% 115% 97% 25 12 11% 6% 45 31 8214 1T% 43' 28% 38% 26 80% 20% 265 16% 115% 79% 2% 8% 87% 41% 19% 11% 63% 434 20% 12% 53% 24 22% 10 76% 3884 b54% 34% f100% 1073 304 17 48% 34 63% 3 119 39% 2 189% 110 943% 43 364 24% 72 56% - 363% 44 25 984 11% 47 16% 8% 1% 4l 19% 68% 49 24 82 63% 110% 24% 467 624 117% 45 114 64% 292 87 81% 1% B 80% 6 General Cigar. 167% 8 General Electric. 10% 60c General Electric spectal. 12% General Motors. ... 78% General Motors 6% deb. 98% General Motors 7% deb. 39% Gimbell Brothers [ Glidden Company 8 Goldwyn Pictures. . 1% Goodrich (B F) Company. 67% Goodrich (FF) Copf..... £ Goodyear Tire & Rub pf. 12 Granby Consollidated. Gray & Davis. . 50% 5 Great Northern pf. 25 2 Great Northern Ore ct! 5 —— Guentanamo Sugar. . 915 —— Gulf, Mobile & Northern.. 441 1 Gult, Mobile & North pt. 66% 4 Gulf States St 39% — Hartman Corporation. 38 Hayes Wheel. 6 Homestake Mining. 40% —— HoustonOfl......... 20 8 Hudson MotorCar.. 16% 1 Huppmobile Motor Car. 101 7 Illinols Central. 3% —— Independent Ol 1 —— Indiahoma Refining. 4 —— Indian Refining. 31% 2% Inland Steel....... 23% 2 Inspiration Copper. 914 — 1nterboro Rapid Transit. 4’4 — Inter Agricultural pt 31 4 International Cement 19% 2 Internat Comb Engine. 156 = Internat & Great North. 66% 5 International Har, new 4% — Inter Merchant Mraine. .. 18% —— Int Merchant Marine pf. 10% — Internatiopal Nickel. 27% —— International Paper. 64 6 Int Telephone & Teleg. 24% 1 Intertype Corporation.. T = Invincible Oll. 824 = Iron Products. 81% — Iron Prod otfs. 16% —— Jowel Tea... 62 = Jewell Tea pf. 24% 4 Jones Bros Tea. 107 7 Jones & Laugh 15% —— Kansas City Southern. 28 —— Kayser (Julius) & Co. 201 — Kelly Springfield Tire. ks 6 Kelsey Wheel...... 29% 8 Kennecott Copper. 1% —— Keystone Tire & Rubber. 35% —— Kinney (G) (R)... 177. 8 Kresge (SS) Company. 18% Laclede Gas 824 4 181 10% 18% 81 96 4% 8 9 108% 18% 36 317% 87 364 52 78 14 5213 292% 292% 2921 80 #3 14% €% 61 63 + 1 po S LI+ ++4 I T I++1 01+ 1+1+1 I+44++ +4 Fl++ttpbi 1+ 31 I+ 4+ 1 Texas & Pacific C & 0. 8% Third Avenue A Tide Water Oil. Timken Roller Bear. 374 Tobacco Products. 625 TobaccoProductsClass A. 91 89% Tobacco Products pf. - 114% 114% Transcontinental Ol 4% 2% Underwood Typewriter 39% 38% Union Bag & Paper 62 61 Unlon Pacifie. 184 3130% Union Pacific pf. 2% T1% United Alioy Steel. 3115 31 United Cigar Store 192 184% United Drug. 79 8 United Frult 9 113% B ,“ Saw [ aao aRwa 4 —— United Railway Invest. % 10 4215 1997 195 % —— United Rwy Invest pf. 325 1% USCCIP & Foundry. 49% +7% USCIP & Fdy pt... 184 United States Food Prod. .. 8% U S Hoffman Machine T 16% U S Industrial Alcohol 64% 61% United States R & Imp.... 95% 94% USR & Imppf. 100% 100% United States Rubber. 39% 87h U S Rubber 1st pf. 81 88% USSmelt R& M. 22% 22 USSmelt R& Mpfosee.es 40% 389% i United States Steel. . 96% 94% United States Steel pt. 119 118% United States Tobacco.... b68% 652% Utah Copper. .. ceees 64% 63% Utah Securitles. . ...... 16 15% Vanadium Corporation.... 382% 30% Virginia-Carolina Chem.. 10% 9% Va-Car Chemlcal pf.... 33% 28% Va Iron, Coal & Coke 52 B2 V Vivaudou. . 15% 314 Wabash.... 10% 9% Wabash pf A. 35% 33% Wabash pf B..... 22 Weber & Helbroner. ‘Western Maryland ‘Western Maryland ‘Western Pacific ‘Western Pacific pf. Western Unlon Teleg. Westinghouse Alir Brake. West'ghouse Elec & Mfg. ‘Wheeling & Lake Erfe. Wheeling & Lake E pf. 1245 White Eagle Oil. 224 ‘White Motors. 4 51 Wickwire Steel 3 ‘Wilson & Co. 20% — Willys- -Overland. ... Ty —— Willys-Overland pf. 70% 8 Wooiworth (F W). 252 —~—— Worthington Pump. 4 25% 1 Wright Aeronautical. 12 5 Youngstown Sheet& T. 67 aze pat 181 23% b52% 3% 201 s T1% 282 26% 12% 68% +4 141 +] I+ ++ 2eFeFRRe"" sesfe 2Rrsre 3 Al I+t I+ I+l +++++ 14 ++ I+l l++ 1001 T+1+1 1+ + 107 8% 8 103% 108% 98 100 85% 57 b5 94% 124% 65 91% 110% 106 95% 864 108% 95 112% 89% 101 87% 71 86% 884 6% 4% 9% 86% 62 33% 8% 94% 2% 94% 100% 72% 105 68% Mih luo o e FREFESFE tom o - P EREFRERRBSFERE S0 P T Dl Dividend rates as given in the above table are tha annual cash plyments based on the latest quarterly or half yearly declarations. Unless OUICI"I diyidens dncludad, LRATUN SELENe GRS 8% 21 100 Southern R 1ilinols Central 5%s 1934. . 56 Inter Rapid Transit bs 1966. 83% Inter Rapid Transit cv 7s 1932 33 Inter & Great Nor adj 6s 1952... 73 Xan C Ft Scott & M 45 1936, ... 65 Kansas City Southern 3s 1950... 83 Kansas City Southern bs 1950... 925 Lake Shore 4s 192§ 90% Lake Shore 45 1931 100% Lehigh Valley 6s 1 87% Louls & Nash unified 4s 1 101 Louls & Nash 1st ref 63%s 2003 88% Market St Ry con bs 1924 7913 Mil Elec Ry & Lt 1st ref 6s '61. 1013 M St P & S S M 6345 1931 727 Mo Kan & Tex 1st 48 1990. 74% Mo Kan & Tex prIn &s A 1962 48% Mo Kan & Tex adj 58 1967. 85% Missouri Pacific 6s 1949 47% Missouri Pacific gen 4s 19 725 N O Tex & Mex inc §s 1935 v 101% New York Central deb 6s 1935 86 New York Cent deb 4s 1934.. 92% New York Cent ref imp 5s Z013. 52 N Y N H & H cv deb 6s 1048, 27 New Haven deb 4s 1957.... 8214 N Y West & Boston 4%s 1946 86% Norfolk & Western con ‘4s 1996.. 187 Norfolk & Western cv 65 1929 58% Northern Pacific 3s 1947. 81% Northern Pacific 45 1997. 102 Northern Pacific ref imp 99% Ore Short Line gtd 5s 194 90% Ore Short Line ref 4s 1929, 76% Ore-Wash 1st ref 4s 1961 98 = Pennsylvania gen bs 1968, .. 88 Pennsylvania gen 43%s 19 106% Pennsylvania 6lss 1936, 20% Peoria & Eastern inc 4s 1990 90% Pere Marquette 1st 5s 1950. 81 Reading gen 4s 1997. 60% Rio Grande Western cit 431949, 71% R I Atk & L 43%s 1934, 72%8(LIM&SR&G|51933 64% St L & San Fran prln 4s A 1 79% St L & San Fran pr In 5s 1950 53 St L & San Fran inc 6s 1960. . 67% St L & San Fran adj 6s 1956. 39% Seaboard Alr Line ref 4s 1959 228, Seaboard Afr Line adj 55 1949 58% Seaboard Air Line con 6s 1945 90 Southern Pacific cv 4s 1929 83% Southern Pacitic ref 4s 195 774 Southern Pacific col 4s 1949. 92% Southern Ry 1st 6s 1994.... 6614 Southern Ry gen 4s 1956 Gev 61s 1956 39 Third Ave adj 5s 1960...... 881 Union Pacific 1st 45 1947.. 943 Union Pacific cv 45 1927. 90% Virginian Ry 1st 5s 196 933 Wabash 1st 55 1939........c00 Biie Visstein Maryland 4s 1952. Western Pacific 53 1946 'l“ ‘West Shore 18t 48 2361essessnsas 1001 iy 90% 100% 44% 91% 96 941, 963 571 7914 ’18‘21 volume of bus -ause of the absence of many traders. ut the trend continued upward. Buying orders for the Mexican bond® continued plentiful. the bs gaini 132 and the 4s 2. Almost without e ption European bonds moved up small fractions, reflecting the influ- » of morning dispatches of agvee- nt between the allles over German licies. News of this government's slon to not particlpate In any re- stricted commissions in Europe did not reach the market before the noon close A considerable list of western ra road movtgages registered modera: gains and, generally speaking, indu: trial line< found good support. Cen- bonds were influenced trength of that com- today's market, and of the Steel Company liens alsy government bonds psed pnull ally” unchanged from yesterday. RAW SUGAR LOWER. Futures Rally After Early Decline in Week End Trading. W YORK, December 1.—RBaw today showed u further de- of 'sx¢ to the basis of 5%c¢ for Cubas cost and freight, equal to 7.41 for ntrifugal. There were sales of w of Cubas and 4,900 bags of to local refiners. future: after declin- t points under liquida- in response to the easier rul- spot market, rallled on covering for over e week end and commission house support. Final ces wera 1 point lower to 9 net December eloaed 5.59; March, v, 4.69; July, 4 Refined sugar continued quiet at prices. Fine granulated, tion, ing of the DRY GOODS IRREGULAR. W YORK. December 1.—Cotton were firmer and steadier to- ith trading of moderate vol- irns were irregular. Burlaps irTegu.. and weaker in spots Linens fc future delivery were slow. J bbers reported a moderate trade. were still uncertain in finished but fairly steady in raws. Wool goods were held back in distributing - ghannels hy unseasonable weather,