Evening Star Newspaper, December 4, 1924, Page 28

28 2 ANY STOCKS SOAR INHEAVY TRADING Market Again Very Strong Over Broad Range, as Rail Shares Lead. BY S Special Dispats EW YORK, ber 4.—Railway res, particularly those in the low medium priced groups, and a large mber of industrial speclalties were the favorites in today’s very strong stock market. New high prices were umerous, and the demand for stocks continued extremely heavy. The vol- ume of business was well up to the Louis-San_Francisco erned. the effect of the dend declaration ap- peared to have been pretty well dis- counted. The street recalled that this was the experience when South- crn Railway declared its b per cent. Subsequently the profit-taking sales were absorbed and Southern Rail- 4y rose another 12 points or Bulls on St Louis-San Francisco were contending that this was what was likely to happen to their stock Junior Ratdx Lively. 1d created a new furore nior rails. Undoubtedly in this movement wa riheless it was un- s a rush to which there gossip of dividends. St. cestern, earning 10 per was one of the logical things up. Texas and Pacific was an- per cent di for the ) some instances gant dal e about any cent, other A jump of over 5 points in 3eaboard Air Line preferred looked pretty vio- lent view of the fact that there remains a back interest accumulation FINANCIA | A Metal (3)... NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Because of the mbnormal volume of (rading on the New York Stock Exchange at prewent, it ix impossible to get complete clowing Guotations in time for the regular edition of The Star. Final and com- | | wiete quotations will be published in today's 5:30 edition. | | . Hgh. Zow. Close. Adv Rumley. ... 13 13 Ad Rumly pf (3). 46 4TH Alr Reduct (15). 88 BS% Ajax Rubber 12% 12% Alaska Gold. i % | Alaska Juneau. . 1 |All Am Cable (6) 12 Allied Chem (4). 9% Allted Cm pt (7). 118% Allis Chulm (4). 68% | Allis Chim pt (7) 1031 Am Agricul Chm 14% Am Ag Chm pt.. 41% Am Beet Sug (4) 4l 26% 89 147% 117 172% 24% 3674 90 129 1141 13% 69% Gen El spl (60¢). Gen Motors (5).. Gen Mot pf (6) Gen Mot pf (7) Gen Petrol (2) |Gimbel Bros. ... Ginter Co (The). Glidden Co. Gold Dust Goodrich. Goodyearnpt. ... Granby Consol.. | Grt North pt (5). | Grt Nor Ore (4)... | Grt Wstn Su (8) | Greene Canan... Gulf Mo & Nor. . Gu Mo & N pf (5) Gulf St Steel (5). Hartman Co (4). e Wheel (3) Hayef Wheel pf. Hoe & Co (A). Houston Ol Hudson Man... Hud Man pr Hudson Mot (3). Hupp Motor (1). Hydraulic Ste¢l. Tilinois Cent (7). 111 Cent pf (6)... Iilinots Cent rt: Independ Oil Indian Motore | Indian Refining. Iniand Stl (2%). | Inspiration Cop. Interb Rap Tr. Internat Agrl Int Bus Mac (3). .| Int Cement (4)." + Int Com Eng (2) Internat Har (5) Inter Har pf (7). Int Mer Marine. Int Mer Mar 1 160% 100% 42% 425 58% GB% 2412 241 13 18 43% 48% 847 854 821 821 18% 18% 0% 71% 35% 85% 921 93% 171 17% 25% 27% 85 871 80 80% 37% 87% 361 36% 191% 1014 481 48% 90 oy 27% 28% 64 64T 3% 16% % 115% 116% Am Brk Shoe (5) Am Can (16) . Am Can pf (7) Am Car & F (12) Am Chain A (2). Am Chicle. Am Chicle : Am Express (6) Am & F P 26%(7; Am Hide & Lea. Am Hide & L pf. Am Ice (7). Am Internatl Am LaFrance (1) Am LaFrn pf (1) Am Linseed. ... Am Linseed pf. Am Locomo (6). Am Radlator (4) Am Roll M pf (7) 64 i Am Saf R (50c). 3 Am Ship & Com. Am 8m & Ret (5; AmS&Rpt (7). Am Stl Fdys (3). Am Sugar...... Am Sugar pf (7). Am Sumatra. ... AmT & Tel (9). Am Tob (n). ... Am Tob B (n)... 8314 | the adjustment bonds of 1215 per | cent. But the Street was talking| bout these obligations being pald | and was figuring the earnings on|Am Wat Wi (n). Sealoard preferred es high as $9 af | Am Woolen .... | Am Wool pfd () Other Shares Takenm Up. | Wabash A, above 59, foreshadowed | the declaration of the full 5 per cent to which the stoc s entitled. The! com stock was heavily bought, A K. and T, which was points. Gulf, Mobile and s one of the many to high, and there was a nterest at rising prices in tern Illinois. On Kansas City Missouri Pacific common Haven fell into line. ! The higher-priced, dividend-paying | © not as prominent. But one | is Chicago Northwestern, | t up nearly 3 points. 1 that the latest develop- | he Greater New York trac-/ were distinet reassuring | holders of these securities was 1 the continued buying in the | traction group. for Big Day for Specialties. | t was another great day for in- | < Allied Chemical, | tates Distributing, Phiiadel- | phia and Reading Coal, Mallinson Stlk d Electric Storage Battery were | among the leaders. They were up 2 o 3 points. Cuba Cane Sugar pre- ferred sold down sharply when the directors took no action on the divi- dend. i U. S, Distributing went ahead skly In further recognition of the atistactory earnings already report- | cd and in expectation of increased | buving. The company is having a profitable year, with the current rate the common of approximately $11 a share. For the full 12 months a Lalance of §5 a share is anticipated. Associnted Dry Goods. In spite of the optimistic references to the Associated Dry Goods dividend possibilities, conservative opinion to- day favored the view that nothing out ©f the ordinary would be done until after the 1924 results are fully known Probably at the first meeting of 1925 the company will consider to higher dividends. Elther an increase In the iegular cash rate on the common 5 to $10 annually or a 100 per k dividend, with the $5 divi- ntained, 1s looked for. Mobile and Northern was one of the strong ots among the low- d rails, pushing above its pre- | high. The strest comment was | Gulf Mobile and Northern was “the on low priced stock having early merger prospects and which has not advanced In tine with other rails.’ Carro de a check Pasco’s advance recefved when reports from Limo, Peru, conveyed the information that fioods in copper mines owned there Cerro de Pasco might serfously affect the output for this yvear. NEW YORK DAIRY PRICES. NEW YORK, December 4—Butter— Insettled; receipts, 6,098 packages. Creamery, higher than extras, 46a47 creamery, extras (92 score), 46; do., firsts (88 to 91 score), 39a45. { Eggs—Stsady to firm; receipts, 8,482 Pacific coast whites, extras, i do., firsts to extra firsts, 60a66. PARIS MARKET FIRM. PARIS, December 4. —Prices firm on the Bourse today. Three per cent rentes, €5 _centimes. Exchange 92 centimes Five per centimes The dollar was quoted at 18 francs 15 centfmes. i were 50 francs on London, 84 francs cent loan, 61 francs 35 FOREIGN EXCHANGE. (Quotatiuns furnished by W. B. Hibbs & Co.) Nominal. Selling checks Kold value. $4.8665 London, pound Rerlin, Home. Zurieh, mark lira franc Madrid, pese Vienna, crown Budspest, crown ... T'rague, crown rsay, zlo Copenbagen, Christian Stockholm, own crown 5 crown ......0 By the Assoclated Press NEW YORK, December 4 —Foreign exchanges firm. Quotations _ (in United States dollars): Great Brit- in, demand, 4.68%; cables, 4.69; 60- iay bills on banks, 4.66: France, de- d, .0 cables, .0552%; Italy, demand, .0432%; cables, .0433%; Bel zium, demand, .0500%; cables, .0501; Germany, demand, .2381; Holland, de- mand, .4045; Norway, demand, .1497 Sweden, demand, .2694; Denmark, de. mand, .1765; Switzerland, demand, 1937; Bpain, demand, .1387; Greece, demand, .0181%; Poland, demand, 9% Czeohoslovakla, demand, 03013%; Jugoslavia, demand, .0147; Austria, demand, .000014%; Rumania, demand, .0049; Argentina, demand, 18 Brazil, demand, .1160; Tokio, Montreal, .99'15-16. Special Diepatch to The Star. FOLL# NSBEE, W. Va., December 4. While Klansmen were attending a revival at the Methodist Episcopal Church here some person or persons «lashed tires of 30 automobiles in which the white-robed men had been conveved to church Internat Nickel. 168 | Internat Paper.. 167 Am Tobac (14).. Am Tob B (14).. | quarters from yesterday's clgse { another RAILROAD BONDS AGAIN GO HIGHER Semi - Speculative Issues Spurt Upward—Other Ob- ligations Rally. HUGHES. RK, December 4.—Specu- were again the leaders of the bond market today. While bonds lagged behind stocks they too were stimulated by the ac- tion of the St. Louls-San Francisco board in putting the common stock on a $5 dividend basis and by the excited speculation in low priced stocks much as Seaboard Air Line. The latter's bonds were all strong and new high records were made by the adjustment Bs, which, selling at 76, were up a point and three- The refunding 4s ‘and the consolldated 6 equaled their highs of 1924 Burst of Early Buying. There was a burst of buying rectly at the opening of St. Lou San Francisco Income 68 and adjust- ment 6s and both made new high records. Interest on the incomes is di- %| paia only once a year, but on the adjustments it is disbursed seml-an- nually. 1. G. N. adjustments was speculative railroad bond to make a high record, up above a point on the day.” Theres was a brisk rally in_all the St. Paul group, while { among the high-grade convertible is- sues Chesapeake and 58 were strong, above 102. Traction bonds were second only to the rails in activity. There w very high trading in New York Ral Ways Issues at higher prices. Chicago ¥ 58 jumped mora than a point Among the industrials Pierce-Arrow Cuba Cane 1o convertible | Baldwin L (7) | Bul & Ohlo (5).. 105% 274 100 60% 9613 Am Writ Pap pf. 5 Am Wrt Pap g g 3 Am Zinc. . ? Am Zine pf. Anaconda Armour Del (7). Arn Cons & Co.. Assets Realiz. Asso Dry G (5).. Asso D G 1st (6). Asso Of) (1%).. AtT & SFe (6). AT&SFpt (5). At] Birm & At... Atl Coast L (18). AtGulf & WI... At Guif & W I pf Atlantic Refining Atlas TacK...... Austin-Nicho Austin Nic pf (7) Am Typ Fdrs pf Am W W pf (6). 85 424 93 84 328 934 4% 149% 214 2874 913 6y 30% 80 128% 116 764 6ain 18% Eald Loco pt (7) Bal & Oh pt (4). Parnsdall A. Barnsdall B. L 1 Beechnut (13)... 577 a Bethlehem Stee 9 Beth Stlpf (7). % | Beth Stipf (8).. Booth Fisheries. Bkl Edison (8).. Brk-Man Tran. . Bklyn Man pf (6) Brklyn Un G (4) Brown Shoe (4). Frunswick Term Buff R & P pf (3) Bur Add Ma (2)... Butte Cop (50¢). Butte&Superior. Butterick Co Caddo Centra { Cal Packing (6). Cal Pete (1%).. Callahan Zinc. . Calumet & H 50c Canada Sou (5). Can Pacific (10). Case Threshing. Case Thresh pf Cent Leather. ... Cent Leather pf. CRRNJ (112) Century Rib (2). Cero d Pasco (4) Certain-Taed Chand Mot (3). Ches & Dhio (4). § Ches & O pf (613) o Chicago & Alton A Chic & Alton pt. Chic & East 111 Chi & E 111 pf. Clijc Gr West. .. “ Chic Gr West pf. 29% Chi Mil & St P... 17% ChiMi} & SP pf. 20 Chi & Nwn (4). 1% Chi & Nw pt (7). 110 Chi Pneu T (5) 89% ChiRI& Pac 481 CRI&Ppt (6). 8714 CRI&Ppt( 9714 ChiStPM&O.. 55 ChStPM&O pf(5) 91 Chi Yellow C (4) 49% Chile Cop (2%, 34 Chino Copper 28% Cluet Pea pf (7). 108t Coca-Colo (7). .. 9 Colo Fuel & Iron 162% 23 67% 19% | Colo Southern. .. 65% 45% 46 Colo Sou Ist (4). Col G & E (2.60). Col Carbun (4) Com Solv A (4) Com Solv B..... Congol-Nairn(3) Conley Tin Foil« Consol Cigar. . Con Distributrs Consol Gas (5).. Consol Textile. . Cont Can (4). Cont Can rts. Cont Can pf (7). Cont Insur (6).. Jont Mot (80c) Corn Prod (2) Cosden Co. . Crucible Stl (4). Crucible pf (7) Cub Am Sug (3). Cuban Am pf (7) Cuban Cane Sug. Cub Cane Su pf.. Cuba Dominican Cuyame: Fr (4). Dantel Boone. Davison Chem. Del & Hud (9)... Del L& W (8).. Detroit Ed (8)... Dome Mines (2). Doug Pectin (1). Dul S S & Atlan. Dul SS & Atl pf. | Du Pont (®)..... DuPont deb (6 Duquesne pf (7). Eastman (7%). Eaton Axle E1 Stor Bat (4).. Emmerson B pf. End-John (5 Erie. . Erie 3 Erle 2d pt Fairbanks Co. Fed Lt & Tract.. Fed Lt & T pt(6) Federal Mine Fed Mines pt () Fid Phoenix (6) . Fisk Rubbe Pish Rubbe Fleischman 13% Foundation (6).. Frank-Sim pf... Freeport-Texa: Gardner Motor. . Gen Am Tnk (3). Gen Asphalt. ... Gen Baking (6). Gen Clgar (8). Gen Electric (8 8 851 864 104% 10% A% 48 51 165 95% 275% 10% | 117% | | Int Ry Cent Am. | Int Shoe pf (8).. | Int Tel & Tel (61 | Intertype (1133). ! Invincible Oil | Iron Prod (43 | Iron Prod pt (8. Jewel Tea...... | Jewel Tea pf.. | Jones Bros Tea. | Jordon Mot (3). . | Kan City South. Kan C So pf (4). Kayser (Jullus) Kelly-Sprgfield. ! Kelly Sprag 1st. Kelsey Whi (6). Kennecott (3).. Keokuk & Des M | Keystone T & R. | Kinney G R... [ Lea Rub & Tire. | Lebigh Val (3%) | Lig & Myrs (3).. | Lig & Myrs B 3 | Lig & My pf (7). {Lima Loco (4). | Loews Ine (2) |morec el | Loose-Wiles Bis. | Lorrillard (3) | Lou!s & Nash | Ludlum (2> | McCrory (1.60) kay (7). ckay pf ( Mack Trucks (8) Mack Trk 1st pd Macy HR & Co. | Magma Copper. . Mallinson & Co. Man El Sup (4).. Man El gtd (5).. Man El mnd gt(4) Manhat Shirt (3) Manila ¢ (n). | Maracaibo Oil. .. Market St 2d pf. Market St prior. farland Oll. -Parry 4. eson Alka. | Maxwell Mot B.. May Dept St (5). | Merro Gold pt. | Mex Seabd (2). Mtami Cop (2) Middle States. | Minn & St Louls. M StP&SSM (4). M StP&SSM pf 4. | Mis Kan & Tex. | Mis K & Tex pf Mlssour! Pacific. | Missouri Pac pf. iont Power (4). fontgom Ward. | Moon Mot (3).... { Mother Lode 75¢ | Mullins Bedy. .. i Nash pf (7). Nat Acme. . Nat Biscult (t4). | Nat C1 &S pt (T) | Nat Dairy (3)... | Nat Dept Stores. Nat Distillers pf. |Nat Enamel & S. | Nat Lead (8). | Nat Ry Mex 2d.. | Nat Ry Mex 1st | Nat Supply (3). | Nevada Copper. {NOT&M 123%. NYAIrBr(4). . N Y Canners (2). N Y Central (7). N Y C & StL (6). | NYC&SLL pf (6). { N Y Dock... N Y Dock pf (5). NY NH & Hart... NY Ont & West. N Y Steam pt(7). Niagar Fpf1%. Norfolk South. Norf & W (18) | Norf & W pf (4). North Am (3.40 North Am pf (3). North Pac (5) Nunnally (1). Onyx Hosiery Orpheum (1%). Otis Elev (15% Otis Steel. ... Owens Bot (3). | Pacific Gas (8). Pacific Mail. Pacific Oil (2). .. Packard (11.50). Pan-Amer (4)... Pan-Amer B (4). 4| Park & Tilford | Parish & B sta. Penn C& C (4). Pennsylvania (3] Penn Seab Steel. | Peoples Gas (8).. | Peoria & East. Pere Marq (4) Pere Mar pf (5). Phila Co (4) Fhila Co pt (3)... Phila& RC&1. Phillip Morris. .. Phillips Pet (2). Phoenix pf (7). Plerce-Arrow Pierce-Arrow pf Pierce-A prior 8. Plerce Ofl....... Fierce Oll pf.... Fierce Petrol. Pitts Coal (4) Pitt F W &C (7). Pitts Stl pf (7).. Pitts Ut pf (1.20) Pitts Ut ctfs 1.20 Pitts & West Pitts & WVa rt; Postum Cer (4) Press Steel Car. . Press Steel C pf. Prod & Refiners. Pub Ser NJ (4). Public Serv rts. . Fub S NJ pf (8). Pullman Co (8). Punta Al Su (6). Pure Oil (1%)... Radlo Corpof A. Radio Crp pt (7). Ry St1Spg (8). Rand Mines 1.7 43% 102t 10 b4% 13% 574 56% 84 1% 214 48% 1% 115% 20 66 74 52% 44% 46% 16% 36% 83 12% 39 895 1% 243, 3 56 140 100 18% 18% T2% 18% 87% 56% 81 27% 68% 24% 112% 136 43% 29% 48 127% 32% 66 | 65% | 8w | €6 | 77 | 6 | 106% | 308 | | 13 | 823, 5% 88 made & new top at 95, Sugar ks were fractionally Fallure of the dire tors to act higher. on a| dividend on the preferred stock helped the bonds. Liberties Unsettled. Investment neglected bonds Liberties were moved dull and frregu- | larly, the selling of Wednesday in the Treasury day. It was 4345 not being Tep announced from ington that subscriptions for the new | W ated to- sh- | 4 per cent Treasury bonds of 1944-54, for which cash and certified maturing | December 15 this vear has been ten- dered in payment, exceed $500,000,000. Foreign bonds were generaily heavy Argentine 68 sold in large volume down fractionally to the price of 9 which the series B, at 1924, French ew were of the offering price. Ray Cons Cop Reading (4). Reading rts. ... Reading 1st (2). Read 2d pf (2) Remington Typ: Remingtn 1st (7 Replogle Steel.. Rep Ir & Steel Reynolds Sp (1). Rey Tob B (3)... Robt Rels 1st pf. Rossla Ins (6) St L & San F St LiSan F pf () St L Southwest. StLSwn pf (6). Seaboard Air Seabd Alr L pf.. Sears-Roebk (6) Seneca Copper. . Shattuck-Ariz. . hell Trad (2.06) Shell Union (1). Stmmons (2) Stmms Pet (500). i Sinciair Ofl. ... 4T% | i Sinclair pt (8).. Skelly Ofl....... Sloss-Sheff (6). . South Pac (6). Southern Ry (5). South Ry pf (5). Spicer Mfg Std Gas & E tand Mill (5. .. St Oil Calif (2).. IStONINJT (). 447 24% | 8% | 16%5 104 8 i ’4'1"’-t nd P1GI (3).. teriing Prd (4). |Stew Warner (5) Stromberg (6).. Studebaker (4). Submarine Bo: | Supertor O4....." Superior Stl (3). Sweets of Amer. Tennessee Coppt Telautograph TexasCo (3).... |Tex G Sul(17%).. | Texas & Pacific. !Tex & PacC & O Third Avenue. . Tide Wat Ofl (4). | Timken (183%).. Tobac Prod (6 Tobac Prod A (7) Transcont Oil. .. nderwood (3).. Un Bag & Paper. | Union Oil (1.80).. Un Pacific (10).. Un Pacpf (4)... Un Tank Car (5) ’n Tk Car pf (7) Utd Alloy Steel. | Ctd Cigar (3%). United Drug (6). Utd Drug 1st 315 Utd Fruit (10).. Utd Ry Invest. .. Utd Ry Invest pt U S Cast Iron P. USCIPDPI(D).. U S Distributing U S1Ind Alcohol. U S Realty (8)... U S Realty pf (7) U S Rubber. U S Rub 18t (8).. U S Smeltin, | US. Steel (+ U S Steel pf (7). Universal Pipe.. Univer Ppf (7). Utah Copper (4). ttah Securities. Vanadium. Van Raalte..... Va-Caro Chem.. va-Caro Ch pf.. Va Ir C&C pf (5) Va Ry & Power. vivadou.. Wabash. Wabash pf A. | wabash p{ B. waldorf (1%). . Webber & H (1). West Maryland. West Md 2d pf... Western Pacific. West Pac pf (6). West Unlon (7). ‘West Alr Br (6). Westipghouse (4 Wheel & L Erle. Wheel & LE pf. White Eagle (2) ‘White Mot (4).. Wickwire Spence ‘Wilson & Co.... Wilson & Co Willys-Overlan Willys-Over pf. ‘Woolworth (3).. Worthington. .. Worthgton A (7) Worthington B 6 Wwright Aero (1) wrigley (8) Yel C Mf (252 Youngstown (4). {Partly extra, Dividend rates gre the a iatest 17 1% 21% 8612 36 4T% 97 204 56 pa; Unless _otherwise noted. fividends are mot included. . 66% 30% 26% 69% 1% 7 19 10% Ta% 112% 49% 86% T1% 17 43% 87% 674 In pre extra The 22% 5813 41 19% 17% 13% 22% 34% 8414 116% 104% 65% 15% 29 26% 684% 1% 6% 18 10% 73 112 48% 86 1% 16% 43% 37 67 $30.000,000 65 « oftered s sold within 14 new of a point 9% | Am T & T deb 5%s ;| Bell Tel Pa bs. 9 A 31 2% 87 9% 41 9314 474 11 15% 128 38% 71 92% 4 40% 47 37% 148 3% 127 3% 59% 41 19% 7% | 13% 23 36% 85% 117% 105 65% 16% 30% 26% 687 1% 6% 18 10% 73% 112 49% 86 T1% 16% 43% 87 7% ferred stock. above _table ents based on the ‘quarterly or half-yearly deciarations. speciai ‘ (oo BONDS o] Received by Private Wire Direct to The Star Office. UNITED STATES BONDS. are in $1.000.) Sales. High. Low. Close. 246 100-28 100-24 100-28 1101-3 101-3 101-8 29 101-27 101-22 101-22 306 101e4 101-1 101-1 yLib3d 4%s. ... 399 101-11 101-5 101-8 Lib 4th 4 878 102-1 101-28 102 US4%s1952. 1579 106-11 105-2 105-12 FOREIGN. Sales. Hig. 21 82% 954 102% 96% 99% 96% 110 107% 92% 874 82% 102% Bales. High. w17 48 92% 82% 94 98y 109% 108 99t Va-Car Ch 7%s Vertlentes Sug 7 Warner Sug 7s'39. Warner Sug 7s West Elec bs West'n Union 8%s Westinghouse 7s. ., Willys-Ov 63533 Wilson & Co 1st 68 Wilson & Co cv €s. WilsonC cv 73s. Winchester A 7145 Youngstn S & T 6s 7. Lib 2d 4s. Lib 24 4% TR T Tow, Close. 82 824 95 95 102% 102% 96% 96% 99% 99% 9515 95% 110 110 107% 107% 92% 92% 87 87 82y 82% 102% 102% 96 96% 100% 100% 102 102 1028 102% 102% 98 103 105% 1067 46% 91% 9414 96% 100 100 1091, 100% Argentine bs. Argentine 6s ‘37 Argentine 7s Austria 7s. B RAILROAD. Ann Arbor 4s Atchison ad) Atchison gen 4; Atlantic CL cl 4s. . Atlantic C L 1st 45 Belgium 6%8 w 1. Belgium 734s. .... Belgium 8 Bolivia 8 Bordeaux s Brazil 7s Brazil Tigy Brazil 8s. Canada 55 1926. Canada 55 1931. Canadg 5s 1952. Canada 6%s 1929 Chile 75 1943 Chile 88 192 Chile 8s 1941 Chile 85 1946 Chinese Gov Ry b8 Con Pow Japan 7s. Copenhagen 6%s Cuba 534s. . Czecho 881951. ... Czecho 85 1952 ct. Danish Munic 8s A Denmark 8s. ..... Denmark 8s ..... i 110% D E I5%s Mch '53 9 91'% DEI5%s Noy'53. 6 9 914% | Dutch East I 6547 987 Dutch East I 63 '62 981 Ei Salvador 8s 48. 102% Finland s f 68 1945 Framerican 7%s. . French s w i. . French Govt T%s. French Govt 8 Germany 7s w1 Hait1 6s Holland Hungary 6%s Japanese 4s. . Japanese 6%s. Jergens U M 6547 Canad North 6%s. Canada Pac deb Car Clinch & O 6; Cent of Ga 6%8s Cent of Ga 6s... . Central Pacific 4. Ches & Ohlo cv Chi & Alton 3s. Chi & Alton 8%s.. 3 Chi B&Q 1st rf 5a. 12 Chi& E1gnbs... 184 Chi Great Weat 4s.232 CM & Puget Sd 4s. 52 Chi M & St P 48725133 CM&StPdb4s.. 33 CM&StPgn4s'8d 5 Chi M&St P cv 4343 39 CM&StPgn4¥%s 16 Chi M&St P rf 418 25 | ChiM & StPevbs. | ChiM &St P és. Chi& N W ref Gs. . CHYRYSE8. ... ChiR1&Pgnis.. ChiR1&Prf4s Chi TH & SE s, Chi Un Sta 433s. Chi Union Sta 6s Chi & W Ind cn 4s. CCC & St L. 6s Cleve Term 6s.. Cleve Term 5% Cuba R R bs. CubaRR T%s.. Den & Rio G cn 4s. D & Rio G imp 68 D& It G 1st rf b DesM & Ft D 4s Det United 4% . 70 23 14 Marseille 6s...... & Mexico 45’04 asntd & Mexico 5s Montevideo SR Netherlands 6854 49 Netherlands 65°72 8 orway 63 1943 12 orway 63 1944... 48 orway 8s.. Orlent Dev deb 68, 7 Paris-Ly's-Med 65215 Par Ly's-Med 78 Paris Orleans 7s. . | Prague,7i3®. . Queensland fs. Queensland 7s. ... | Rio de Jan §51946. Rio de Jan 8s 1947 | Rio Gr Do Sul 8s.. | Sao Paulo St | Seine Dept of 7s. . | Serbs Cr'tes Slo §s | Soissons 6s . weden 5128 ct. Sweden 6s..... wiss 51x 1946 109'% 94 934 Erle gen 4s. Erle conv 4s A.. Erie conv 48 B. . Erie conv 4s D. Erie Genessee R 62 Erie (Pa) clt tr 4s | Gr Trunk sf db : | Grana Trunk 7s. | Great North b Gr. North gen Gr North gen 7s... 5% GreenB& W dbB. 4 100 99% 104 104 101% 101% 115 115 115% 114% Ud Kingm § 106% 106 1 Ud Kingr: 5%s ", d Steam Copen 63 5 93 92 Tuguay 8s.. 2 106% 105% | MISCELLANEOUS. | Ajax Rubberss... 11 97% Am AgrChem 7T4%s 16 AmChatnsf6s'22 1 Am Smlt&R 1at §5. 10 | AmSmit & R6s. .. | Am Sug ref 6s.. AmTeaTeltrds Am T&T cl tr bs. Havana ERL&P Gs 5§ Hud & Man ref 5. 77 | Hud & Man aj 5s.. 160 11l Central ref 4s.. 10 11l Central %8 10 Int Rap Tran 6s...157 Int Rap Tr &s stpd 130 Int Rap Tran 6s... 50 Int Rap Tran 7s...156 Int & G Nor 1sL 6s. 14 Int & G Noraj 6s lowa Cent rf 4s. Kansas City S 3s. Kansus City S 58 Long Island rf 4s.. Am T & T cv 6 | Am Water Wks Anaconda 1st 6s.. | Anacouda cv b 7s Armour & Co 43 x. Armour of Del 511 2 Assoclated Oil 6s. Barnsdall s f 88 Louis & Manhat Ry cn 4 Market St Ry 7 MilEIRy & L bs M & St L ist ref 48 Beth Steel pm 5s.. Beth Steel rf bs. Beth Steel 5% { Beth Steels £ 68 Brier H St 1st 5%9 Bklyn Bd gen Bklyn Union G 58 Bush T Bldg s 60. 53 94 97 100 100 96% TprindsA 35 MK&TSsC 20 Mo Pacific gen 4s. 210 Mo Pacific bs 1936. 101': | afo Paclfic 53 '65. 1004 | Mo Pacific 6 108% | Montrl Tm et 100 | Nassuu E Ry 4867 23 100 | N0 Tex & M in bs.108 97 | Calif Pete 6%s. Cent Chile Cc Col Gas . Col Gas & El bs Commonwth P §s. Con Coal Md 1st bs Consumers Pow bs Cuba Cane cv 7t "3( 26 | Cuba Cane cv d 8s | Deaver Gas bs.... | Det Edlson 5s'40. | Det Edison ref 6s. | Donner Steel s | DuPontde N | Duqueasne Light 6s Est Cuba Sug 7!s. . Empire G&F 1%3. | Fisk Rubber § Gen Elec deb b3 Goodricn 6%s. Goodyear 88 1931. Goodyear 8s 1941. Hershey 63 1942 Humble N&R 5s. Tllinots Bell 1st bs. Illinois Steel 4355, Indiana Steel 58 Int Mer Marine 68 Inter Paper 55 °47. KCP & Lit 65 A '62. Kan G & El 6s '52. Keyser (J) 7s.. Kelly-Spring 88 ey stone Tele 5s. Lackawa S 65'50.. Liggett & Myrs bs. Magma Cop cv 78.. Manati Sug sf T%e Marland Oil 7%s. . Marland O1l 8s°31. Maxwell Motor 7s. Midvale Steel 5s ot | Montana Pow 5s.. Mors&Co 1st 412s. Nat Tube 1st 5s. | N Y Eden 1st 6%3s. NYG EL H&P 55.. NY Tel 4%s N Y Tel 68°41. N Y Tel 6549, . North Am Ed 6s, North Am Ed 6% Nor States Pow b Nor States Pow 6 Northwst B Tel 78 Otis Steel T%s Otis Steel 88 . Pacific Gas & E1 58 | Pac T & T 15t 6 Pacific T & T 53'52 Ppan-American 68.. Pan-Amer Pete 7. People’s Gasbs... Phila Co 5%8'38.. Phila Coref 65 A.. Phil & Rdg C&16s Pierce-Arrow 8s.. Pierce Oil deb 8 Public Service b Pub Sery Elec 8 Punta Alegre 7s. . | N Y Cent deb 6s. INYC&StLab NY Chi & StL5%s 95 NewHaven cd 6s.. 17 New Haven 7 w Haver 7s fr. N Y Ry rf 48 ctfs..298 New York Ry aj bs 49 N Y RysadjSsct.. 24 N Y State Ry 4% NY W & Bos 434 Norfolk & W en 48 Norfolk & W cv 68 Northern Pac 3i Northern Pac 4 Northern Pac 68 D Northern Pacr i 68 Ore Short Liref 4s. Ore-Wash 1st rf 4s Pennsyl con 4% Pennsyl gen 4%8.. Pennsyl gen bs. ... Pennsyl 6%8. Pennsyl gold 7s. Peoria & E inc Pere Marq 1st 65 PCC&StLEsA.. Reading gen 4s Rio G West 1st 4 Rio G West cl 4 RIArk & Li%s St L IM&S 43°29... St L IM&S R&G ds. 18 StL&SFpl4sA. 121 Fprinbs. 40 P oS- akaieee @ 100% 105'% 10t 105 884 7% 9% 101% 113% 100% 96% 106% 1073 97 101% 93% 104% 107% 92% 98% 93% 9914 93% 97 105 95 94 B2 = woeo- 3 [3 o =3 G GBRROGO @ oo StLS W con 4832 StP & KCShL 4% Seab'd A Liret 48 Scab'd A Liadj 6s Seab'd A L con 6 Sou Pacific 45’29 Sou Pacific ctl 43 Sou Pacific ref Southern Ry 8n Southern RY 1 Southern Ry Southern Ry 6%8. 96% 84% 88 74 101% 103% 1074 9914 56 48% 82 98% 104 104 5% 93% 100% 95 6434 o1 68 80 101% 1031 1074 9% b7 5l 92 98% 104 104 95% 93% 100% 9642 Texas & Pac 1st b8 Third Ave ref 4 Third Ave adj 5 Union Pac 1st Union Pac 48 '27... Union Pac 1st rf bs Union Pacific cv 68 Virginia Ry st bs. . VaRy & P 1st 53 Wabash 1st 5 ‘Wabash 2d §s. v Western Md 4s.... 21 64% Western Pacific 58 12 91 Whel & LErt4%e 6 68 ‘Wisconsin Cent é» 3 80 e CAR LOADINGS GROW. BALTIMORE, December 4 (Special). —Although freight car loadings on the Seaboard Air Line Rallway showed a decrease of two-tenths per cent dur- ing the last week in November, the record for the month showed an in- crease of 3.7 per cent, 176,575 cars being loaded, as eompared with 170,- 214 4during the ecorresponding month of last year, nclair Oll 6%8. . Sincists Ofl 78, ... 1 Sin Pipe Line 63 South Bell Tel § So Por Rico Sug 78 Southwest Bell 68, Steel & Tube 7 Sug Est Orient 78 Tenn Elec Pow 6s. Tide Wat O1l 6%s. Toledo Edn 18t 7s. Unlon Bag & P USRublstrt U S Rubber 7%s. . USSteelst Utah Pow & Lt bs. 11 Va-Car Chem 7s.. 94 | trades | uary traded at | due and as several private 11 to 3 points above | Potatoes FINANCIAL., COTTON QUOTATIONS RALLY AFTER DECLINE Two Private Estimates Put Present Crop Above 13,000,- | 000 Bales. HEAVY CUTNADE INU.S.EROSSDEBT Treasury Reports Total Now . Over $21,000,000,000. B the Ausociated Pre NEW YORK, December 4 The cotton market opened hLarely steady at a decline of § to 12 points todas as a result of Liverpool selling, com mission house liguidation and loca selling, inspired by relatively eas: cables and reiterated talk of in creased crop estimates. After selling off to uary and 23.22 for M the market steadie and renewed coverin ing up to 22.10, or bas terday’s closing. Two private crop issued, one estimating the yield at 13,293,000 and the other at 5,000 | bales, excluding linters, Local Stocks Advance. 96 for Jan-| ch, however on trade buying | January sell- < to about ves estimates were New Orleans Prices. NEW ORL! La., December 4 The cotton market opened quiet, first ! showed declines points, and prices eas = 23.12 and May e or 10 to 13 points below the previous | o close. A8 Liverpool was as good as estimates than those issued earlier week, Hed to s close. totaled Bond 007,02 were lower in the the market r yesterda GRAIN AND PROVISIONS. BALTIMORE, December 4 (Special). new, 100 pou 49; sweet potatoes, yam « cots, bushal nounced that bo night, to purc {cember 15, savoy, bushel. { pounds, 1 7.00a8.00. | Grapefruit, " spot | leghorn | crooked | nearby | pressing Pumpkir ushel Turnips ho: box, 2.50a4.00. Selling Prices at Noon. 2 red Winter, red Winter, 2.00a2.00. Oranges. spot, garlick Corn—Cab, new, vellow barrel; 1 track corn, y ‘bushel Rye 1.10a1 Hay Receipts, a limited dem grades of t clover-mixeg stock th Medium descriptions hard to mov tions 11 nd There is ! for the better othy and choice lig hay. of which class ipplies o tons. of 00218.00; | 18.50419.00; 18.00; No mixed, 17.50 2 clover, mixed, 15.00a16.00. No. 1 rye, 13.00a14.00. | DAIRY PRODUCE. | BALTIMORE, December 4 (Special) —Live poultr) oung chickens, 1fia‘ 25; leghorns, 1 2: old hens, 16a24; 16al17; oosters, l4a bre 5: pigeon ducks, pair, 30 16; geese, 18a | fowl, each 40aso, Dressed po 23a27; old roosters, 13 Eeese, 20228 Cggs—Receipts, 1.485 firsts, dozen, Butter—Creamery, 40a4S: prints, 45a50° nearby creamery 38a42; ladles, 30a32; store packed, a24; process butter, prints, 24a25; rolls, 23a2 CHICAGO GRAIN PRICES. CHICAGO. December 4.—Rains in the domestic Winter wheat belt tend- | ed to ease down the wheat market today during the early transactions | here. Weakness of wheat quotations at Liverpool counted also as a de- | factor. Heavy offerings from Argentina. India and Australia were reported. Opening prices here which ranged from % to lower, with May 1.60 to 1.60% and July 1.40% {0 141, were followed by a rally that in some cases went above yesterday's finish. cases; native and | ons, 60, ®ood to fancy Corn and oats both showed strength. | Stormy weather in the corn belt, to- | gether with unfavorable corn crop re- ports from Argentina, were responsi- | ble. After opening at 34 off to % up, May 1.221 to 1.23%, the corn market scored good general gains. Oats started at % to % higher, May | 591 to 595, ascend. Provisions were responsive to the upturn in corn and were influenced | only in a transient way by lower hog | values. WHE. December and then continued to Open 1541 180 December May July .. RYE— December July CHICAGO LIVE STOCK MARKETi CHICAGO, December 4 (United| S:ates Department of Agriculture).— Hogs—Recelpts. §5,000 head; uneven largely, 25 lower; weighty butche 10 to 20 off; underweight, 25 to 5 lower; heavy recelpts: top, 9.6: better weight, 225 to 340 pound butch- ! ers, 9.2029.55; 170 to 200 pound weight | largely, bulk, 140 to 1501 pound averages, 6.75a7.50; majority | packing sows, $.70a9.00; bulk, strong weight, slaughter pigs, 5.75a6.25 | Cattle—Receipts, 12,000 head; gen-| eral trade firm: spots higher on fed | steers and lower grades fat she stock; moderate shares run back: killing quality generally plain; bulk fed | steers, 8.00a10.00; best welghty offer- | ings, averaging 1 pounds, 10.65 several loads, 10.10610.25; mixed year lings, 12.65; no strictly choice vear. lings yarded early; rather lively de mand for fat cows selling 4.00 down- ward and for canners and cutters; | strong weight canners, 2.85 and bet- | ter; vealers, 25 higher; demand active early; packers taking choice kind| around 10.00; outsiders paying 10.50 and better; at today's auction sale international car lot show stesrs, first seven loads yearlings, including grand champion, sold from 15.50 to 39.00; averaging 20.53; first seven loads of 2-year-olds sold from 11.50 to 18.00; averaging, 14.36; champlon 2-year- olds selling at 18.00. Sheep—Recelpts, 22,000 head; dull, very little early business; few sales: fat lambs weak to 25 lower at 14.75 215.00; outsiders bidding, 15.25; asking asteady prices, fat sheep and feeding lambs weak; handyweight fat ewes, 5.00a8.60; bulk desirable feeding lambs, 14.4015.00, e A Toronto woman has just had ex- tracted from her foot a pen-nib which she swallowed as a girl at school 31 years ago. 3 red Winter, gar- |1 { Dues of | meeting | and Trust Company .d by Fe casury e clock Sat midnig 1 be deemed befor hange st sury 4% h 15, 19 te, mat and third Liberty bond are tendered in pay remain open until further ce allotm n these ex- de in full, holders to effect exchangs w Treasury 4 ing March 15, 18 loan ment 4y wi cent bond. Bank Declares Dividend. dend of 3 per cent, payable on January 1, to stock | holders ‘of record disbursement wili | 81,000,000 capitailz T tober e the ated $308, Clab Elects Officers. The annual ele Federal-American terday, attended b gusto of atio) ion of officers of the “lub was held yes all the eclat ar contest. Whe was fou d bel s cligible for member- ¥ ding office in the cl « per month are ex- from members. One bustness is held each white gatheris rvals bership, barred f ub. acted pleasurable spasmodic in 100 per cent Upturn in Local Stocks. A sharp upturn which ca way imon to a new hi; t featW trading on the Was! xchange this morning. Fifty shares were dealt in at this figure, while the “spread” was lessened to d 88 and bid” and ried ra gtor Gas Light shared in 10 shares selling at 4s were also £ a point for th raction was firm at 93 preferred at 783 1 Mortgage and Investment, pre- ferred. sold off to 9 after cpening an eighth higher, and Washington Loan brou share of Mergenthaler brought 1 Bonds, other than Railway 4s, were dull. Bond Issue Sought. Permission to issue 5 per cent equipment trust notes agEregating $4,391,000 was sought today from Interstate Commerce Commission by | the Wabash Railroad, to finance & new purchase of rolling stock. PROPOSED SUGAR MERGER HELD UP Attorney General Sees Need of Further Review Before Giving Consent. Merger of the American Sugar Re fining Co., with the National Sugar Refining Co., of New Jersey, will re quire a court modification of a d» ree entered in the opini of Attorney Stone. The Attorney General said today, « Department of Justice investigatior into a merger proposal had convinced him, although the inquiry still is ir omplete, that insufficlent grounds xist for consent without first having a court review. The court decree; southern district of New York, cn- joined the American company from obtaining more of the stock of the National than it held May 2, 1922, the date of the decree. The decision re- cited that the American once held 50 per cent of the preferred stock of the Natfonal, but during the pendency of the suit it disposed of half of its holdings. entered in the WALL STREET NOTES. NEW YORK, December 4—Ship- ments of the International Shoe C in the fiscal vear ended November exceeded $110.000.000, compared with $109,922,738 in the preceding year, it is officially announced. Samuel M. Felton, president of the Chicago Great Western rallroad, es timates that tfle road's surplus after charges for 1924 will be between $500,000 and $600,000. November groas, he salg, would be about the same as last year, §2,102,651,