Evening Star Newspaper, November 23, 1924, Page 43

FINANCIAL. ELNESGE 'OCK EXCHANGE | 220 SRy For 1z week | IS GRED] . High. 9R-22 Liberty 3%4s 1932-47. 100-20 100-1‘ IDO-IB 3 ‘ 99-3 192¢-— Div. © Week ending Novembor 23. 1024, Net. Div., y ] .42, 101-8 100-29 10 E Low, h Low. Rat Low. Cless. Obgi. | High. Lew. . Glase, Chgs. Liberty 3d 435 192; . 101-23 101-5 101-13 387 ¥ 18; S“’A.c-mn:xnreu x;'a 90 62% 20% 35 o ,m"‘ e Liberty 4th ¢34 1933-38.. 102-9 101.26 102-2 388 Kelsey Whee 6 —— Advance Runtley. Treasury 4%s1947-62 105+23 105-8 105-8 390 8 Advance Rumley pf. Railroad’s Shares Take Many v i‘ sli:::'f.c%‘.‘.?fl.f‘w by . -Chalmers ... Other Issues Along in —— Am Agriculture Chemical. . Sharp Advance. = Argentine Ta 1957 o2 13w 107 103 | Restoring of Proper Balance 5% Austriasf 751943 Between Funded Debt and Bordeaux 6s 1934. g Stock Predicted. Brazil 8s 1941. Canada 5s 1952 Canada 5%s 1929. @ FaErE Lehigh Valley Liggett & My Liggett & Myers (B). Lima Locomotiv —— Am Agriculture Chemical pf 5 American Bank Note.. 1 4 American Beet Sugar. American Bosch Magneto. Am Brake S & Foundry..... EARLY LOSSES MADE UP|iss" sise 1" 1583 13° American car & Founary nul weunun ey ) FACTORS BACK OF RISE & Ludlum Steel McCrory Stores B. 106% 106% Chi: G 3 4 s ae Copenhagen 5148 1944 3 i 4% 4% Much Conflicting Talk About Div- Czechoslovakia 8s 1951. : Denmark 6s1942...... idends—Europe Reveals Real Denmark 8s 1945 Dutch East Indles 65 1947. 4% 4 ! A Improvement. Dutch East Indies 6s 1962, Framerican Ind Dev 7%s 194 French Govt 7%s 1941, 9215 French Govt 85 1945. . 78% Holland-American s f 65 1947. 76% Japanese 4s 1931. 8814 Japanese 6155 1964 ge Easiiss - Recovery in Rails Helps Industrials Gain—Wilson Packing Jump Am Hide & Leather pf. Over Eight Points. ~ 7 American Ice. . 83 6 American Ice pf. ] Macy (R H) & Co. Magma Copper. Mallinson & Co. Manati Sugar. . Manhattan Elec Supply. Manhattan Elevated gtd. Manhattan Shirt. Maracaibo Oll. Market St Rallway p! Marland Ol & mflnln( Martin-Parry Mathieson Alkali. Maxwell Motor, C| Maxwell Motor, Class B T+l l+++++4+111++4+1+ 01411010 By the Associated Press. 4 —— American Linseed. . NEW YORK, November 22.—Heavy American Linseed pf. . buying of Rock Island shares abruptly Am Locomotive (new) checked reactionary tendencies in to- American Metal. day's stock market and brought about'a American Radlator. late rally, which carried a score or more Am Rallway Express issues to new 1924 peak prices. Called Amef‘:c-n Safety Razor. upon to absorb a large volume of realiz- :m ilp&scur?{:m:hg ing sales, the market at the same time e malliAE withstood a concerted bear selling at- SOt IRt tack directed against feading issues, Am:rlg:: Sleuc! Founds which forced general recessions of 1 to 3 T points during the first hour of trad- | joq,, e ian BupanHnlue ing. These losses were recovere efore " s the close, and prices of all classes of 22}: ;g,_,‘ Am Sumatra Tobaceo. .. .. t ‘Am Sumatra Tobacco pf. stocks again headed upward. 1128% 119% Am Telephore & Teleg. Ticker 12 Minutes Behind. 1161 3 American Tobacco. . American Tobacco B Alhtough the pace of trading mod- 4 F erated somewhat today, total sales in Am Water Works & Elec. the two-hour session ran close to a e o milllon shares, and the sudden burst of A e o activity in the final few minutes de R e o layed the stock ticker by 12 minutes. American 2inc L & § Bt On buying credited to banking in- ‘Anaconda Copper. 5 terests closely affillated with the South- e Armour & Co 1% l;t & ern Pacific Co., Rock Island common Aol AR G s soared 4 points to 50, carrying with it 5 Asso Dry Good: 1 1o new top prices the road's two pre- 9 5 6 Associated Dry ferred issues. The buoyancy of these 7 Associated Dry Good: shares stimulated renewed accumlation 1.60 Associated Ol (new) . of other low-priced railroad issues. St. ® Atchison, Topeka & 8 Fe. ... Paul preferred mounted 2! points to 30, 5 6 Atchison Topeka & S Fe pt and the common touched both 48 Atlantic Coast Line. .. 56 within a fraction of the ¥ best " —— Atlantic Gulf & West Ind. 4% 23 Yevals. 3 4 —— Atlantic Gulf & W I pf. . 19% 99% Substantial gains also were recorded ~—— Atlantic Refining. 2 121 2% by Missouri Pacific preferred, New NI chbls . e Haven, St. Louis Southwestern. Col 7 Baldwin Locomotive 374 19 rado and Southern and Pittsburgh &} ga.0 5 Baltimore & Ohlo. Bh% 41% West Virginia, the last three sctting | ¥ 4 Baitimore & Ohio pf. 2% 14% new high marks. 5 2313 —— Barnet Leather. 28% 16 — Barnsdall, Class A 270 123 “2‘4 102% BY GEORGE T. HUGHES. Special Dispateh to The Star. NEW YORK, November 22 —Invest- ment interest’ this week has again = been centered on railroad securitles, Az ‘I";‘;f.“s's‘:’,‘i‘““‘“‘“"“"7 : | for the most part in the low priced 24 Tvs i class, and under active buying these Marseilles 65 1934.. ... 5 My Department Stote Norway,8s 1940. . . S 112% 112% 1124 112% - Apansly il - M i ’ Paris-Lyons-Med 65 5 81 80% 80i;|eneral speculative enthusiasm and s a + it ol i 105" 103 | partly to concrete developments in Midland Stl Pr ptd (8)- 4 Queensland 78 1941. . 1091 1093 | the rallroad field. R o 115 de Tameivo Ss 1548 g 5 94y o4%| Of these developments two stand Minneapolis, ${ P & 8. Su0 Paulo, State of, 8s 1936 5 100 100% | Qut: One, the offering and sale to Mo Kan & Texas new. Seine, Dept of. 7s 91%; 9112 | the public of common stock of three Mo Kan & Texas pf new. Serbs Crotes Slovenes 88 196: 87 | carriers, and the other, the announce- TR ey Sweden 65 1939, ¥ 104% | ment that the New Haven has com- Misnourt Pactfis ot Swiss Confed s f 85 1940 " 116% 114' 115 | Pleted its plan for the refunding of Mot b Tnited Kingdom 5% 1929 . - 1131, 114% | its Enropean loan. which matures i S United Kingdom 514 183 2 106 - 106% | Bext April. It has been a long time Moon Moroes, ' 5 & Sy since rallroads were able to inter- Mother Lode INDUSTRIAL AND MISCELLANEOU est investors in their stock to the ex- Mullins Bod; 82 = Amer Agz} CHemical 731941 94'c 96%| tent of becoming partners in the Buiiing Hody - 92 Amer Smelt & Ref 1st 55 1947. 95's 96% business. The reasons for this are Nash Motors. 9614 Amer Sugar Refining 6s 1937 99% 100% | well known. Railroad credit for National Blscuit. 92% Amer Tel & Tel cl tr 451929, $67% 96% 96% | years has bene at low ebb under the National Cloak & Suit. 97% Amer Tel & Tel cl tr 55 1946. 100% 100% | influence of adverse Government re 94% Anaconda Copper s 1953. a ‘ 98% 99 2 b il % ulation, actual and prospective, and g;:: :“'“‘"‘d“{ “Z"p“’;’ cl\"dseb - mg" 100% | of unsatisfactory earnings rmour & Co 4%s E . 8 6 8 5% o= gg’/;: Qll”lr.;‘ll‘c (Rpefl)nln'zsdtlb’f: 1937, . 98% 59 Obstacles Cleared Away. ell Tel (Pa) ref bs 1948. .. . 101% 4 100% 101 : 4 ; i s i s ey 8815 'gou | These obstacles seem now to have Oc . Bethlsher Btacl bt 6e 1945 i 941, 93 o4y |been cleared away, and sentiment is 107% Brookiyn Edieon 75 D 1940 1090, 1075 | 80 favorable that common stock can 92% Central Leather 55 1925 - %7 100% 100t | be mEnkeledton & satistactory, price 55 CRilD Copanewines: basis. If this condition continues, 8. CorsContaua) Taricis and there is no reason to believe that e s it . .| it will not, the railroads will be able 104 Detrolt Edison ref 65 1940. 10 to rectify their capital structures 1 1067 Du Pont de Nem 7 sis 75, | and restore a proper balance between ipire Fuel & Gas 7 7 7 unded debt and stock. Much more e O DL H 1 of this kind of financing is expected 9212 Goodrich (B F) 615 1947 % 4 100% 1004 | in the near future. 4 100% Goodyear Tire 85 1931 2 109 109 | The other matter, that of refunding e 1140k Goodvest Tiio se1sdl ¢ 120% 1201 | operation, which tiie New Haven now 93, 997, | expects 1o carry to a successful con- 997% Indiana Steel 5s 1952. .. . 100 lgg% clusion, is also striking testimony of 79% Inter Mer Marine 6s 1941, 1 871, ¢8y | improved conditions. The difficulties 8214 Inter Paper 5s B 1947. . P st 85t under which the New Haven has op- 86% Kelly-Springfield 8s 1931 erate 'or S0 many years and the €8 Lackawanna Steel 55 1950. pessimism as to its future now seem 95% Liggett & Myers 5s 1951. to be things of the past. The effect 9714 Manati Sugar s f 715 194 of the announcement was not con- £5% Midvale Steel 551936....... 3 | fined to the securities of the voad in 97% New England Tel 55 1952 100'4 100t | question. The St. Paul has an equally 109% New York Edison 15t 61s 1941 4 113% 113% | important refunding problem to NYGasELH& P s 195 . 1015 5 100 100 | solve and holders of St. Paul securi- 5 \ Sk aarenty . 9 96% 961;|ties are encouraged to believe that 1 w York Tel 6s 1941. * 106% 106% 106% | their troubles are perhaps similarly 91% North American Edison 6s 1952.. 97Y% 06% 97?‘. coming to an end. It is remarkable 90% Pacific Gas & Elec bs 1042 2 s 93% 94 |what a change a few weeks have 90% Pacific Tel & Tel 65 1952. . 931 e3% 631 93y |brought about in the outlook of thess 99% Philadeiphia Co ref 65 1944 3 103 1031, | two roads. 7 ublic Service 58 1 ; 1043, 103% 104% 874 Sinclair Oil 75 1937. . . ; 9075 o Many Cenfleting| Reportx. 97 Sinclair Crude Oil 5148 1925, 1004 As to the others there is continued 100% South Porto Rico Sugar 75 19 1025 .| talk about initial dividend declara- i 90" Unfopiias e Taoie ¢l D 5 o5 | tlons by some roads and increased Pittsburgh & W Virginia. ... 111% United Drug v 8s 1941. . L 1154 rates by others. Some of these re- Postum Cerea!. . % 'sane 78t U S Rubber 18t & ref 5s 1947..... ports will come true and some will Pressed Steel Car ; { i 99 US Rubber 71681930, © 1041 not. But in the maln the stage is ;msmmeuc-r»r. 0 102% U SSteel s f 551963. . & 5 104% | set’ for railroad prosperity and for roducers & Refiners §7% Utah Power & Light bs 1944, . ... P 92 | the enhancement in market price of Public Service new 52 Va-Carolina Chems f 7s 19 e i 66w oy |railroad securities 27 Va-Carolina Chem 7%s'37 war.. 5in 3612 45 Tumning to tr ade invest- 107% Western Union Tel 6%s 1936.... 112 155 15502 | ment ratiroad ¢ the general 79% Wilson & Co 1st 6s 1941. . 2 89, 911, | market been only barely steady. 46% Wilson & Co cv 7135 1931 . oams 43 60 |The public view is that this class of s, bonds is high enoush and that the PP .. M [ ¥icld s now” down (o where it is no 864 Atlantic Coast Line 15 43 1952... 8 5 S5y ooilemes attvaciive. . A% the seme tme it 96% Balto & Ohio prin 31481925, .. 00 0 o Gadl et there s been £1% Balto & Ohio gold 45 1343 9% 100 00| remarkably " lile selling _of ~ these 8215 Balto & Ohlo cv 4148 1933, . . - igh-grade inve: nt | issue And 83 Balto & Ohio ref 65 1995. 5 Bl fow|ooatee Blocks of these go-called :‘rfi«‘fx;'.x i Y g égf:r‘:;‘;‘“m‘x i o h 59;, 40-. e s Tolsoc.] - ; 5 71% Brooklyn-Manhat s f 65 A 1968 9% 99% | would indicate that there are some 7% 111 Canadian Northern 615 1946.... 1174 ; investors left who do no: expect any Readimg/Companyls Emcingr L | : 1 T il “3" e 78% Canadian Pacific deb d, . : 17% | material decline in quotations for e @ of the ¥ s 3 5 E | ‘ Calumb 8915 9215 Carolina Clinch & Ohio 55 1938, .. 98 s T9% | this grade of secur of the ding Company are hlcxm; :‘ C;;‘;"’m;m 81% 85 Central Pacific 48 1949, 3 7 ey Money Market Steady. ed upward by market analysts' - 2% c: £8% Chesapcake & Ohio cv 43 5 : e results obtained from op-| 5 g 4 B0 R cahe & OBloaaidnits All that, of course, depends upon erations this Fall. Operating ratio —— Commercial Solvents. B. §7% Chesapeake & Ohlo ov-58 1946, .. :::lmolne_\ n;)ara(E .runn;,_.k.l andhau to of the Reading has con-istently de-|184% 44% 66 A8} CongoleuuisNalrn 32 Chicago & Alton 3% 1950. there has Leen little change creased since the first month of the| 39% 14% J T—gmnszl"‘g:::gf{‘txe Chi B & Quincy 1st ref 53 1 d"::‘"e!:u;:‘:\‘-“‘t S = 2 cent in| 69% G6% T % 6 Cons i s e Wall Stree: R e e et 7% 42 62 4%% 4 Continental Can.. 2?,"' O & D srnlllgenin it discussing the possibility that the ‘Dl;;’"l"f It is believed in ”n“"" 5 6R Contineutatinaiieance directors of the different Federal Re- 0 [ a 52 ChiM & St Paul ov 43 193 Sk 5 9 Circles that returns will show 5 2 ComnProdustsRanuing. 77% Chi M & St Paul gen 4145 1989. Sory Panks will riise theimediscount e . g 813 rate if speculation appears to be at least a< low an operating ratio 4 48% Chi M & St Paul ref 4%s 2014. ... : 4 11 { rs t for the remainder of the year. As 4 Crucible Steel, Chi M & St Paul cv 55 2014. . 064 | getting out of bounds. No action b " 7 Crucible Steel pf. -, sl ™ along this line was taken this week an outcome, some estimates of net S 74 Chicago Railways 5s 192 : : > e earnings for the vear run as high Cuba Can Sugar. 73% Chi R I & Pacific ref s 1934. " jmionin the opinion lof ithoks bestiin. o Luate : R e 89% Chi Union Station 414 1964 Sas B2n 854 | forined, any lkeiy in the im- Lis ol 7 oy b cenetueyt 112% ChiUnlon Station 6%5 1963, ... 115 mediate future. A better guide to = 71% Chl & Western Ind con 4s 19 11 1163 the long-range outlook for money STOCKS AT HIGHEST G by — Dl S : —— Davison Chemical. 100% C CC & St L ref 6s A 1929 will be the action of the Secretary 1 4 9 LEVEL IN 11 YEARS = foat: 162 deat § Bemaitmain 7 8 28 sRex 2 cPeFratarrsesss ;;I.l;mu;[||.|l|.,..|;|qq. 4++++|‘+|+x- sarsSReRRZ National Distillers Nat Enamel & Stamp! National Lead. National Supply. 60% ) 4 New Orleans, Tex & Mex. 112 $109% New York Ail Brake 50 N Y Air Brake Class A 66 New York Canners. . B4y New York Central. 119% New York, Chi & St Louis. New York, Chi &St Lpf.... New York Dock. New York Dock ll"l 4% 18% 1654 12814 T2% B4y 121% 93% ¢ 50 36w 474 iR AR R R S G S R RS L - anfl mwam» N Y. Ontario & Weste Norfolk Southern. . Northfolk & Western. North American. Northern Pacific. Otis Elevator (new)... Otis Steel. . ‘Owens Bottle. Pacific Gas & Electric. +160 Packard Motor Car. Pan-American Pet T 1 PanAm® Trane Cluss B — Pprk & Tilford. .. Pennsylvania Railroad People's Gas, Chicago. Peoria & Eastern Pere Marquette. . Pere Marquette pr pf Pere Marquette pf. Philadelphia Company Phila & Reading C& I. Phillips Petroleum. Pierce-Arrow. . Plerce-Arrow pf. ierce-Arrow prior pf. Pittsburgh Coal Industrials Resume Rise. a® S o+ na|-m- Influenced Ly the recovery in rail 5 . 3 Beechnut Packing. shares, numerous industrials resumed Y % y 2 Bethleher Steel. their advance, which had been checked % 3 7 Bethlehem Steel pf in the first hour. Early losses of 2|111% 100% 8 Bethlehem Steel, 8% pf. o 3 points in A can, du Pont, | 12114 104% 8 Brookiyn Edison Electric. People’s Gas, Otis Elevator and Century | 18% ~ 91 Brooklyn-Man Transit. Ribbon, were substantially reduced or | 49% 21 g 6 Brooklyn-Man Transit pf cancelled, and slight net gains were} s?\a 59% 4 Brooklyn Unior Gas....... geenral throughout the industrial list at | €67 41% 9" 4 Brown Shoes the close. | 14en mo 2y 10 Burns Brothers One of the best demonstrations of | 43 % 2 Burns Brothers Class B. strength was given by the Wilson Pack- s 60c Butte Copper & Zinc ing Co. Issues, which responced to re- %125 o0 —— Rutte & Superior ports of progress in reorganization plans. : & California Packing. s The company’s preferred stock rallied | 29 4 1% California Petroleum (new) 812 points and the common closed 2% | i 2 Calumet& Arizona. net higher. Gains of 4 points or more 4 50c Calumet & Hecla were registered by United Cigar Stores, 10 Canadian Pacifie Stewart-Warner and Union Bag and | glseT‘hmmng. Paper, while Tobacco Products ad- ~—— Central Leather Co. N s s s T advances in sterling and | nes marked trading in the| 86 2 Century Ribbon Mils Joreign exchange market 4 Gerro de Parco Conper. [WinI18 (ectBEieTy |3 3 3 26% 3 Chandler Motor. .. SW YORK, November Net | q 4 4 Chesapeake & Ohlo. ating income of the New York,! AT Ohicago and St Louls (Nickel Plate) | s wed to §1,194.974 in October, 284 In October last, €2% £6% — Chi& Eastern Illinois pf. Erofs fell to 1918244 [ 7 4 —— Chicago & Great Western. s sfter charges % 4 —— Chicago & Great Weste.n pf. 1 a vear| 26% 114 % —— Chi, Milwaukee & St Paul. .. 'umz today heard mwore| 4513 2 " —— Chi, Milwaukee & St P of. optimism cxpressed regarding the| p { 4 Chicago& Northwestern copper industry for some time. | £7¢ —— Chicago. R Pacitc. Stressing the increase | ¥ S gll_. 2 ]am; E Which should develop abroad, copper | 7_Chicago R1& Pacific 7. producers expres-ed conviction that | = Chicago. St Paul Min & 5. leading foreign consumers of 4 Chicago Yellow Cab... o eaes : | Chile Copper. their wares eventually must regain | % 3 Chino Copper. the ground lost in the past decade g T b e g £ Century Ribbon Mills. Srorm FERE SSE I Ty e A N | Corp. of Am. pfd. Railway Steel Springs. Ray Consolidated Copper. Read! Sk ¥2 25 C{Cafsgre {e(] | frene]e AN A R 2 e Replogle Steel. . . Republican Iron & Stee nepuhnc Iron & 3 LI I T T o o S o 2 S o o S S I AR R S S | 4+ St Louis-San Franclsco. St Louis-San Fran pf. St Louls Southwestern. St Louis Southwestern Savage Arm: Schulte Stors Seaboard Air Line. Seaboard Alr Line pf. Sears-Roebuck. 1 Shell Trading ‘. Trnnsport Shell Union Oil. Simmons Compan: Stmma Petroleum Sinclair Con Oil Skelly Oil. ... Sloss-Sheffield Stl & Iron Southern Pacific. ... Southern Ratlway. Southern Railway pf. [|s]=|= © Senla 2 LI 5 o R AL RN R IR % son ) < 1027 1031 : s : 4 = Spicer Manufacturing. 102% Cleveland Term 64s " a|of the Treasury in connection with Delaware & Hudson . Shionata das & By 80% Colorado & Southern 106% 106 | the Government financing in Decem- 20% 11% Dome Minee. 141% 112 Du Pont de Nemours. SundlrdOllo!Cnlllorm’a,, 90% 90% per. Some authorities expect that i i 3% 104% 48 Eastman Kodak... Bond Trading During Week Un- 1028 1006 & Blectrie Storage Batt Standard Oil of N J. . 3! 9714 Delaware & Hudson 515 19; ¥ 1;: l;::‘ | the Secretary will offer a long-term Standard Plate Glass : . : 4 83 664 Den & Rio Grande con 4s 1936, 6 ‘aor % bond issue, thus taking advantage of —F Brantinghan i i 15 7% Cmerson-Brantingham able to Keep Up With “Big &% 56 6 Endicott-Johson. el Erducts 3414 Den & Rlo Grande 1st ref 55 1955 the present low money rate. So far Stewart Warner Speed 8414 Detrolt United 41es 1932, . 93y ; 2% |he has confined himself to short- Stromberg Carburetor. 61% Erie 1st con 45 1996. .. 2 2 93% | term offerings, and so far his judg- e 63% Erie gen lien 45 1996, ... 3 ® 70% 71 |ment has been justified by the event. » 35% 20% —— Erie Railroad. . Board. o 42 Ry the Associated Press. 39% 25 2.60 Fairbanks, Morse & Co.. 3 2 62 g;z. ;:{: cvisA {:gi. 5 s‘t Europe Really Improving. 102% Grand Trunk s £ deb 65 1936 2 71% | While speculation for the rise has NEW YORK, Now by 89% 61 8 F:lmnusPlnyerl-Luky, breaking trading In the sto . 1034 §7% 8 FamousPlay-Laskey pt. which overcame onglaughts of profit 102+ 75 47 Federal Light actlon. .. 7% 10715 107% | been going on in railroad securities, e g:::f::fi',‘":::;z:fs%““ 11615 1164, | foreign government and industrial 3 % 41% 7 Federal Mining & Smelt pt taking and demonstrated its abllity 56 to resist selling pressure, featured 228% 163 10 Flisher Body. et e AR = N o I | .l ] |qn.~m§u—n~|naoa” [T o Yy Tobacco Products. .. . Tobacco Products Class A. .. Transue & Willlams. . 100% 100% | obligations have been either neglect- “slg:: ‘fi:-ed.s;:‘:lnh;flf&:;frgmss: _ 109% 109 | ed or inclined to sag. French bonds 58% Hudson & Manhattan ad) 5s 1957 87 87 in particular have been heavy. Under 100% Illinois Central 5%s 1934. . 66 6614 | these conditions it will be interesting 58% Inter Rapid Transit 5s 1966. ... .. s 102'- 1023 | to note the reception accorded the this wee' financial markets, Bond trading expanded in line with the swollen volume of stock dealings. but prices failed to keep pace with the rise in stocks, which reached the highest level in 11 years. Foreign exchange trading was fea- tured by the return to par of Dutch guilders—the third European cur- reney to get back to parity since the war. Demand sterling held near the year's high level of $4.64 and French francs were slightly higher in reflec. tlon of the approaching loan of $100,- 000,000 to France. BAKER'S STEEL STOCKS HALF MILLION HIGHER By the Associated Press. NEW YORK, November 22.—The United States Steel holdings of George F. Baker, as shown in the stockhold- ers’ lists last April, have appreciated more than a half milllon dollars since election day. He is also known to be a large holder of Reading, Lackawan- na, Erle and several other rallroad i sues. TURKEY MARKET WEAK. Richmond Reports Heavy Receipts and Slow Demand. Special Dispatch to The Star. RICHMOND, Va., November 22.— More turkeys are arriving and sup- plies are accumulating, due to a very light demand. Market is weak and Jlower, with lower tendency reported. Tealers are asking 28 to 30 per pound live welght. PHILADELPHIA, November 22— The good demand for live turkeys yesterday caused another advance in prices this morning, but later the 11% b% —— Fisk Rubber. 77% 384 —— Fisk Rubber 18t pf. 847 44% 13% Fleishmann Company. ... €6% 6 Foundation Company. 7% —— Freeport-Texas 35% 8 General American 81% —— General Asphait. 1% General Asphalt pf. General Baking General Cigar. Generai Electric. General Motors (new). General Petroleum 47% —— Gimbell Brothers. 8 —— Glidden Company 28% — Gold Dust 17 —— Goodrich (BF) Company. .. 70% 7 Goodrich (BF) Copf...... 89 —— Goodyear Tire & Rubber pt 12% —— Granby Consolidated 96% 83% 8 Great Western Sugar. 111% 106 7 Great Western Sugar pf. . 10% 4% —— Guantanamo Sugar 24% 11% —— Gulf, Mobile & Northe: 84 5O Gulf, Mobile & Northern pl 89% 62 b6 Gulf States Steel. 44% 31 4 Hartman Corporation. 52% 32% 8 Hayes Wheel..... 37% 381% 3 Household Products. 82% 61 —— Houston Ol 30 20% 8 Hudson Motor Car. 18 11% 1 Hupmoblle Motor Car. 116% 100% 7 HiinolsCentral.. 117% 104 Illinois Central pf. 5% 1 IndependentOil& 16% —— Indian Motorcycle. 31% 2% Inland Steel. 2 Internat’l Comb Engin 5 International Har, new. 261% — Int Mercantile Marine pf.. 113, — International Nickel. 84% —— International Paper. 11% — Int Rys of Cent Am...., 444 5 IntRysof CentAmpf..... 78 4 International Shoe.. L+ 1441 +44++ ]| PR ERREERR na s ey FIFTHD L4+ 1+ ++4++ I+ 1+ I+ 4 EST S P33 L Union Bag & Paper. Union Pacific. . Unlon Pacific pf. Unlon Tank Car. .. United States R & Imp. United States Rubber. Wnlflorl s,ltm Wells-Fargo- ... . B A R A R S S P S S P Sy Y EER 1 s ‘:‘f* B - t3 3 82% Inter Rapld Transit cv 7s 1932 40% Inter & Great Nor adj 6s 1952 73% Kan C Ft Scott & M 45 1936 67 Kansas City Southern 3s 1950. 86 Kansas City Southern 5s 1950. 94% Lake Shore 4s 1928, 92% Lake Shore 4s 1931. 88% Louls & Nash unified 45 1940 80% Mil Elec Ry & Lt 1st ref 55’61 MStP&SSM6%s1931. Mo Kan & Tex 1st 45 1990. Mo Kan & Tex ad) bs 1967. Mo Kan & Tex prin 5s A 1962 Missouri Pacific gen 4s 1975. Missouri Pacific 65 1949. . New York Cent deb 4s 19. New York Cent ref imp 5s 2 New York Central deb 6s 1935 New Haven deb 4s 1957.. . Norfolk & Western cv 65 1929. Northedn Pacific 35 1947. Northern Pacific 4s 1997. Northern Pacific ref imp 6s 2047.. Ore Short Line ref 4s 192: Ore-Wash 1st ref 4s 1961 Pennsylvania 6%4s 1936 Peoria & Eastern inc 4s 6% St L &San Franprinds A 1950 80% St L & San Fran pr In §s 1950 87% St L & San Fran 5%s B 1942. 72 StL & San Fran adj 68 1956. . 28% St L & San Fran inc 6s 1960 Seaboard Air Line adj 5s 1949. 68 Seaboard Air Line con 6s 1945. 921 Southern Pacific cv 4s 1929 81% Southern Pacific col 4s 1949. 85° Southern Pacific ref 4s 1956 69% Southern Ry gen 45 1956. 85% Southern Ry 1st 5s 1994 101% Southern Ry 30% Third Ave adj 109% % 35 97% 1% 84% 84 715 7% | new French loan. A new element 90 654 8214 1% £8% 7Y 95% 931 87 1023 110% 37% 98% 951, 17% 8614 Bdip 2% 101% 101‘6 106% 46% 1073 46% enters into this new French offering, and that is the uncertainty as to French finances. At any rate the outstanding French dollar loans dealt in on the New York exchange have been selling down to a parity with it was expected the new issue would bring. Other foreign bonds have been affected adversely to_a slight extent. Meanwhile, taking Kurope as a whole, conditions have certainly im- proved. The foreign exchange market is sufficient proof of this. Countries whose exchange is now practically at par include Holland, Switzerland and Sweden. It has been suggested that the dollar bonds of these countries will now be attrac- tive purchases for citizens of the borrowing nation because of their tax exemption feature at home. This may be an important factor in the for- eign bond group soon. (Copsright by Consolidated Press.) SORE et DRY GOODS REVIEW. New Prices on Towelings—Lively Holiday Demand. NEW YORK, November 22.—Cotton goods were quiet and steady today. New prices were named on union crash towelings for the Spring deliveries on a basis of 14 cents for roller standard grades. Yarns held steady, with a moderate amount of business belng done. Flannels for dress wear con- tinue to occuny an important place in the demand for spot and future deliv- ery. Silks for future dellvery contin- ued in fair demand. Wool goods for men’s wear and cloakings were firm, with a strong rising tendency noted on any goods to be made. Linens were firm. The demand for holiday mer- chandise is increasing, T+1l++1+4++1 14 CREREensF demand slackened and the market 66 6 Inter Telephone & Teleg. hecame draggy. Fancy, 35a38; falr, 10% — Invincible Oil 30a34; poor, 23a20s ,Demand for 78 —— Jewel Tea pf. dressed turkeys Increased today and prices were 1 to 2 higher; some fanay Westerss sesched $5-snd & tew ity 32% vidend rates as given in'the above table are the annual cash pay; Texas sold at 40; fancy, 38ad4; fair, B1% 4 KansasCity Southern. of.. 58% + buod on lfi- Iatest quarterly or half yearly declarations. umm ou. le‘h poor, Z4aln. 16% — Kayser (Julius) & Co...... noted, extra or lvoeill d‘vfl'nl are not' flwlnd'd. 'Pmly 88% Union Pacific 1st 45.1947. . 95% Union Pacific cv 4s 1927 3 au| - =W JORK EGG PRICES. 82% Virginian Ry 1st s 1’63, 9512 95% NEW YORK, November 22.--Butter Wabash 1st 65 1939. . 100% 101 | —Firm; recelpts, 7,149 tubs; creamery, higher than extras, 45%a46; cream- ery, extras (92 score), 4415a45; cream- ery, firsts (88 to 91 score), 36%r 44, Eggs—Irregular; receipts, 8,180 casez. #CEFRRL ORRER S . B & fl T++++++++1 144 + Wi HH