Evening Star Newspaper, December 11, 1924, Page 28

FINANCIAL. TRENDGF STOCKS AGAN DOVVAARD Selling Not as Heavy Today. Seasonal Issues Do Fairly Well—Steel Off. BY STUART P. WEST. dispateh to T YORK, D stocks was downward Althoush there werc prices slipped in many ult the whole list ¥ appearance. among the indus- als and rails were fairly well sup- norted for a while, but the more spec ulative sto were distinctiy under the outset. w w ~The tions prese; pressure from Oil Shares Again Wenk. one of market wa; ely the surprisingly fizures of the United Corporation. Profit-tak- sed as traders acted on the that stocks could be bought to better advantage at lower leyels, and short selling played more of a he Kkest ing oils continued the groups. The theory fow exceptions to th ing. One was America which was bought of w radio devi has perfected Water Wor Departme vas American another May Another s, and still t Stores, Still Of Three Points. mo. e market. The sto points from where it was en t monthly tonnag out, and these were rable expected oils continued ver. e was no fresh tra ction with it. T ic had bought a lot of these on the idea that they would have to participat or later in the for- ward mov, ck the news in ¢ elling ter. of the disap- well b Was within broke w50 around - e than a poi extre of the vear. Texas Company wa off over a point, and Houston Ol w weak selling in merican and Pure C Shares Weak. tion of the boom in the empha- took the Raflrond mueh t low-price ame. The weakness in the on-dividend payers was in such stocks preferred, and Kansas racted. to t Stores stock on ru- dividend and an in- regular cash rate, the ain to much its across the 110 talking about i and the the regular cash rate from annually on the fon. Brokerage Advices. The morning stock market letter of a prominent wire house which has been right on the financial situation since before the elections and which was one of the first to call attention to the danger signs in the recent over peculation, today advised clients to “take scme profits” though it devel- oped there was no occaslon for turn- ing bearish American Bosch Magneto ran u briskly on discussion of the compan new device for supplying current fo radio sets. After getting up about § points above the previous day’s e however, Bosch Magneto me quite a bit of stock and fell back. As more May Departme rs of a in the arply a e year, MILLS ON FULL TIME AS ORDER LIST JUMPS Kpecial Dispatch to The Star, BALTIMORE, December 11.—For the first time In four years all three plants of the Mount Vernon-Wood- berry Cotton Mills are working on full time. The -local mills now in operation will be continued here per- manentiy and will in no way be af- focted by the big developments by | the company in Columbia, S. C., and | Tallahassee, Ala | The Mount Vernon - Woodberry | B Inc., is manufacturing and sell- ing more goods and receiving better prices for its products than at any | time during the last four y CAR MEN GET RAISE. | Baltimore Employes Granted 2 Per Cent More Pay. BALTIMORE, December 11— Wage increases of 2 per cent yester- | day were granted to shopmen, motor- | men and conductors of the Baltimore Street Railways in the annual confer- | e s clas of workers | D. Emmons. As a wages of shopmen, will increase from 46 to 47 cents | an hour, while motormen and con- ductors’ maximum will be 52 cents| instead of 51 cents, as heretofore. The increases, ting 5,000 men, will be effective January 1, 192 Md., CURB TRADERS SUSPENDED. NEW YORK, December 11—Two floor traders on the New York Curb market were suspended today for violation of the trading rules, N. Ben- jamin for one year and Jerry A. Re for 30 days. BRITAIN'S TRADE STATUS. LONDON, December 11.—Following are the board of trade figures for the month of November: Total imports, £118.740.000. Exports of British products, 150,000. Re-exports, £12,320.000. Total exports, £301.470,000. Excess imports, £38,270,000. £68,- WOOLS MOVE FASTER. BOSTON, December 11 (Special).— Lower grade wools moved in fair volume in today’s dealings, in Sum- mer street, but finer grades were spotty. South Americans have been especially active for the past few days. Montevideo 58-60s have sold as high as 73 cents. Montevideo 4s are being held for 51 to 52 cents in the grease TODAY'S BUTTER PRICES. CHICAGO, December 11.—Butter— Unsettled; creamery, _extras, 4 standards, 89; extra firsts. 3%a4 firsts, 34%a36; seconds, 31a33. ¥iggs—Unsettied: recelpts, 1,825 cases; firsts, 50a57; ordinary firsts, 35a40; refrigerator extras, 36a36%; firsts, 34%ads. EXTRA DIVIDEND VOTED. EW YORK, December 11.—An ex- tra dividend of 1 per cent was de- lared yesterday by the Lawyers’ Title & Trust Co. and the regular quarterly 3 per cent, payable January & o stock of record December 22, 22, e which | little | low | entire new | { Com Solv rats. | Cosden Co. NEW YORK STOCK EXCHANGE [ Received by Private Direct to The Star Office . Low. Close. | open. 38 38% GrtNorOre (4).. 83% 13% 143 Grt Watn Su (8). 95% 51 5l |Gt West Spf (7) 118% 871 $8 | Greene Canan... 17 12% 13 ' Guantaramo. s 811i £3% | Gulf Mo & Nor.. 25 118% 118% | Gu Mo & N pf (5) 85 641 65% | Gulf St Steel (5). 78% 13% 13% | Hartman Co (4). 3T 39% 39% | Hayes Wheel (3) 5% 158 168 |Hayes W pf(7%) 100% 54% 54% | Hoe & Co (A)... 49% 43% 43% | Househ P (1334). 86 32 334 | Houston Ol 71 144% 146% | Hudson Man.... 24 116% 116 | Liud Man pf (6). 64% 175% 178 | Hudson Mot (3). 24% 24% | Hupp Motor (1). 37 38 | Hydraullc Steel. 37 8% &% 5744 HlInots Cent (7). 114% 185 1381 | 1 Cent ot (6)... 114 115% 116% | Independ Oil (1) 11 117% 118% | [ndian Motoreye 174 125 125 | Inland Stl (2%). 464 &3 6o |Inspiration Cop. 304 Interb Rap Tr... 32 Int Bus Mac (8). 109% Int Com Eng (2) 844 Internat Har (5) 106 Int Mer Marine.. 13 Int Mer Mar pf.. 43% Internat Nickel. 23% Internat Paper.. 507 Int Ry Cent Am. Inter Shoe (5).. Int Tel & Tel (6) Invincible Oil. .. Iron Prod (4%).. Jewel Tea. Jewel Tea pf. jordon Mot (3).. Open. 38% 147% 51 £9% 13% Bdy 118% €54 144 39% 158 544 430 ! Aeme coal pt. Adv Rumley ! Ad Rumly pf (3) Air Reduct (15). Ajax Rubber. . | Allied Chem (4). | Antea Cm pt (D Allis Chalm (4). | Am Agricul Chm | Am Ag Chm pt Am Bk N(i12 Am Bk N pf (3) | Am Beet Sug (4) | Am Bosch....... ! Am can (16) {Am Can pf (7). Am Car & ¥ (12) Am Chaln A (2). Am Chicle. Am Chicle ctfs |Am Drug Snyd. . | Am Express (6) Am& F P 26%(1; AmFPfpt (7). Am Hide & Lea. Am Hide & L pf. | Am Tce (7). Am Ice pf (§) Am Internatl Am LaFrance (1) Am LaFrn pf (7) Am Linseed. Am Locomo (6). Am Metal (3)... Am Kadiator (4) Am Ry Exp (6). | Am Safety Raz.. Am Ship & Com. Am Sm & Ref (5; AmS& Rt (D). |Am Snufr (12). | Am Stl Fays (3). | Am Sugar Am Sugar pf Am Sumatra. . Am Sumatra pf.. AmT & Tel (9). Tob (n). Am Tob B (n) Am Tob B (14) Am Typ Fdrs ( Am Water Wka. | AW W pf '6). [AmW W ist (7). | Am Woolen Am Writ Pap pf. Am Zinc.. | Am Zine pt. | Anaconda. B Armour Del (7). Arn Cons & Co Asso Dry G (5) Asso DG 24 (1) Ass0 Of1 (134). AtT &S Fe (6). IAT&SF ot (5). At] Birm & At... AtGulif& WI. AtGulif& Wlnt Atlantic Refining Austin-Nichola. Austin Nic pt () | Balawin L (1) .. Fald Loco pf (T) Bal & Ohio (5).. Bul & Oh pt (4). | Barnsdall A. | Bayuk Cigar Beechnut (13)... | Bethlehem Steel | Beth St1 pf (7). Fishe: s. 115 88 14% T6% 20% 102% 4T 365 28'4 16% 52a 24 81 43ta 12 724 6314 631y 66% Kansas & Guif.. Kan Clty South. Kan C So pf (4). Kayser (Julius) Kelly-Sprgfield. Kennecott (3).. Keystone T & R. Kinney G R. Kresge Dep S Lee Rub & Tire. Lehigh Val (3%) (e & Myrs (8). Lig & Myrs B (3) Lima Loco (4) Loews Ino (2) Loft.... 6% Lorrillard (3)... 36 Louis & Nash (6) 104 Ludlum (2)..... 31% McCrory (1.60).. 89 Melntyre .. 14% Mack Trucks (6) 111 Mackay (7)..... 115 Macy HR & Co.. 68 Magma Copper.. 36 Mallinson & Co.. 347 Man Ei Sup (4) Man El md g (5). Manhat Shirt (3) Maracaibo Oil. .. Market St prior. Marland Ofl Marlin Roc 113% 3: 100 101 60% 5% 10% Maxwell Mot B.. May Dept St (5). Metro Ed pf (7). Metro G pf (1.89) Mex Seabd (2).. Miami Cop (2) Middle States Minn & St Louis. Mis Kan & Tex. . Mis K & Tex pf.. Missour! Pacific. | Missouri Pac pf. fontgom Ward. Moon Mot (3) Morris & Ei 107% 98% 16% | Briti s Bkl Edison (8) Brk-Man Tran. . | Bklyn Man pf (§) | Brklyn Un G (4) | Brown Shoe (4). | Burns Bro (10 Burns BrB (2).. | s Br pf ( Bur Add Ma ( Cop (50¢) . i F:}ff;:g\?p( s Mother Lode 75¢ | Butterick Co... 9 Mullins Body. .. | ; A Munsingwr (3). . | caddo Centra: | Cal Packing (6). Nash Mot (110).. 186% Cal Pete (1%) % Calif Pet pt (7). 70 Callahan Zinc... 63 { Calu & Ariz (2). 100 Calumet & H 50¢ ptee | Can Pacific (10). 281 | Case Threshing. 441 Case Thresh pZ 281 Cent Leather. o Cent Leather pf. 116% | Century Rib (2). 2t Cero d Pasco (4) 5% | Certain-Tzed. .. 15 | Chand Mot (3) | Ches & Ohio (4). Ches & O pf (63%) Chicago & Alton Chic & Alton pf. Chic & East 111 Chi & E Il pt Clic Gr West. Chic Gr West pf. Chi Mil & St P. ChiMil & S P pf. Chi & Nwn (4). Chi& ChiR CRI& CRI&PDL(D. Chi Yellow C (4) Chile Cop (2%) .. Chino Copper. . Cluett Peab (5).. Coca-Colg (). Colo Fue! & Iron Colo Southern. ... Colo Sou 2d (4). ColG & E (2.51). Col Gas & Col Carbun (&) Com Solv A (4) Com Solv B. Nat Cloak & Su Nat Cl & S pt Nat Dairy (3) Nat Dept Stores. Nat Distillers pt Nat Enamel & S Nat Lead (8). Nat Lead pf (7). Nat Ry Mex 2d.. Nat Supply (2). Nevada Copper. N O Té& Nwpt U Gas ( XY Alr Br (4).. N Y Central (7). N YC& StL (6). NYC&StL pf (6). N Y Dock pf (3). NY NH & Hart.. NY Ont & West. IN Y Shipbid (2). Niagar Fpf1%. Norfolk South.. Nort & W (18) North Am (2.4 orth Am pt (3). North Pac (5)... Ohio Body Orpheum (13%) Otis Elev (153). Jtis Steel. Owens Bot (3).. Pacific Gas (8).. Pacific Uil (2) Packard (11.50). Packard pf (7). Pan-Amer (4).. Pan-Amer B (4) Fark & Tilford Penn C&C (4).. Pennsy RR (3).. Penn Seab Steel. Peoples Gas (8) Pere Mard (4) Pere Mar pf (5). FhilaCo (4).... Fhila Copt (3).. Phila& RC&I. Fhila & R C&I ct Phillip Morris... 15% Phillips Pet (2). 34% Fhoenix Hoslery 24 e-Arrow... 1l4% e-Arrow pf 49% 14 24% 5 543, 98 14% 15 T1% 12% 96% 56% 82 117% 90 bia 27% 24 17% 28 25 122% 41% 46% 68l Congol-Nairn (3) i Conley Tin Foil. H Consol Clgar Con Distributrs. Consol Gas (5 Consol Textile Cont Can (4). Cont Insur (6). Zont Mot (80¢) Corn Prod (2). 1 i 74 52% 46% 47 46 23% 24 13% 47 Cosden pt () Crucible Stl (4). Cub Am Sug (3). Cuban Am pf (7) Cuban Cane Sug. Cub Cane Su pf.. Cuba Dominican Cuyame: Fr (4). £ Pierc Plerce Oll... Fierce O1l pf. Fierce Petrol. Pitts Coal (4) Pitts Coal pf (6) Pitts Ut pf (1.20) Pitts Ut ctfs 1.20 Pitts & West Va. Pitts & WVarts. Postum Cer (4).. Press Steel Car. . Press Steel C pf. Prod & Refiners. 25% Pro& Rpf (3%2). 44k | Fub s B1pt (7). 100% | Pub Ser NJ (5). 67 PubSNJpf (7). 101% Fub SNJ pf (8). 112% Public Serv rts.. 224 Pullman Co (8). 142 Punta AlSu (5). 41% Pure Oil (1%)... 28 Radio Corpof A. 43 Ry Stl Spg (8)... 128 Ray Cons Cop... 16% ReadIng (4) 67% Reading rts 21% Reading 1st (2). 36% Read 2d pf (2)... 35 Remington Type 46% Replogle Steel.. 193 Hep Ir & Steel... G4% Reynolds Sp (1). 15% Rey Tob B (3)... 76% Roy Duth 4.42%. 47% St Joseph Ld (2) 89 StL&SanF (5). 614 StLSan Fpf (6) 79% StL Southwest.. 51 StLSwnpf (5).. 72% vago Armi 80% Schulte (8). 107% Seaboard Air L.. 22 Seabd AirLpf.. 39 Sears-Roebk (6) 141 Seneca Copper.. 1% 114 | Shattuck-Ariz.. 7 60 | Shell Trad (2.06) 38% 92 | Shell Union (1). 20% 103 | Shell Un pt (6).. 98 40% | Simmons (2 35% 57 | Simms Pet (50c). 16% 25 |SinclairOfl....." 15% 12 |Sinclairpf (8).. 78% 34 204 84 8% 107 101% 102 17% 6% 4% 3% 8% 0% 5% 17 23% 5 54 98 14% 15 70 12% 93% 56% 82 25 444 4 100% 67 101% 112% 22% 139% 40% 27% 42% 128 16% 67% 21% 36% 35 46% 19 52% 16% 6% 47 384 61% 9% 49% 2% 79% 107 21 89 135% 15 6% 38% 19% 98 85 16% 156% 8% 19% 78% 100% T5% 807 15% Danfel Boone. ... Davison Chem e Beers (88¢) Del & Hud (9) . Del L& W (6). Detrolt Ed (8)... Dome Mines (2). Doug Pectin (1). Dul SS & Atlan. | Dul S8 & Atl pt. Du Pont (8)..... Eastman (18). Eaton Axle.. Elec Stor Bat(5) | Elk Horn.. . End-John (5). Erie..... Erie 15t pf. Erie 2d pf. Fairbanks Co. Fairbke (2.60) Famous Pl (8) Famous pf (8) Fed Lt & Tract.. Federal Mines. . Fed Mines pt (T} Fifth Ave (64c). Fisher Bdy (10). Fisk Rubber Fish Rubber pf.. Fleischman (14). Foundation (6).. Freeport-Texas. Gen ATCDf (1).. Gen Asphalt Gen Asph pf (8). Gen Baking (6). 143 Gen Cigar (8)... 95 Gen Electric (8) 274 Gen El spl (60c). 11 Gen Motors (5).. 60% Gen Mot db (6).. 93% Gen Mot pf (7).. 103% Gen Petrol (2) 41 Gimbel Bros. 57 Ginter Co (1%). 24% Glidden Co 12 Goodrich 8414 Goodyear pf. 84% Gdyear prior (8) 107 Granby Consol.. 18 Gray & Davis. 4% Grt North pf (5). T0% 40% 214 33 93 104% 105% 18 58 11% 219 18% 83 82% 92 9% 98 55 94% 88 82 89 9% 98% 4% 94% 141 94% 270% 11 659 92 103 40% 57 24% 12 34 84 107 1% 4% 70 98% 57% ! 9434 | 141 4% 278% | South Pac (6) Southern Ry (5). South Ry pf (8). Spicer Mfg. .. “| 173 1224 41% 46%; 69 1 1% ~ IN LIBERTY BONDS Profit Taking and Good Buy- ing Alternate in Other Bond Issues. ; T. HUGHES. NEW YORK, December 11.—A fair- ly sharp reaction in United States Government loans was the feature of the day in bonds Treasury 4%4s were dropping below 105 Lower prices were also recorded for the first, sec- ond and fourth 4%s. The third 4%s were relatively steady. It is this issue that is exchangeable for th: new long term 4s It was announced in Washington to- day will be kept open until December 30. Total of cash subscriptions to be ac- cepted will be about $250,000,000. There was no quotable change in money rates to ac of the Liberties nor did it have much effect upon the high-grade rails. the weakest, Chesapeake 58 that the books for the exchange | C. & 0. 5% Lead Rails. | nd Ohio convertibl leaders among the a They ran up in of more than with the of the spe heavy. S eaboard were the ailway issues 104 with a & [in sympathy Tal tonc above stock. The lative bonds, This was true rancisco income 6s | Air Line bonds generally. ! " For a time The argument srie bonds were seems to be of the Interstate C. Commission of the Missour New Orleans-Texas and Mexi adowed an indorseme ickel Plate combination, ludes the The same conditions were t among the tractions, Railway 5s falling away 3 ly from the previous close. At one time today they were down points from the recent high strong. the t of the which in preva- Chicago Argentine Bonds Strong. In the | feature which The Fren | the expe at 88 To. 000,000 6345 foreign was the 7s firm, but Reports about n put the price 7 per cent included $4.- srporation 0 per cent wer and nt notes, sagged M dy due 1934, to yleld 6 Geor; Light to yield 5.45 per cent. | | '$30,000,000 PLANT 70 BE BULLT SOON | Unit of Electrification of Pennsy ‘Will Furnish 300,000 Horsepower. Special Dispateli to ! a point | | | Japanese 6%s continued td | | Serbs Cr'tes Sio 88 | Uruguay 8s initia t adel Slec- | trie | to be establ on the is ing on the pla Railroad for includ | nd Wash- ington, will have 000 horsepower | capacity of 500,000 The str penditure of 1 eventually which cc tio: wouid ! 951 40 Spicer pf (8) | Std Gas & E1 (3) | Am Smit&R 1st 55. .l AmSmit & R 6s. | AmSugret6s.... | Am T & Teltr4s. | a { Anaconda 1st 6s. . St Oil Calif (2).. | ]sx()i\ NJ (1) 3 3 | StOil N J pf Stand PIG! (3) | Sterling Prd |Stew Warner (5) Stromberg (6)... Studebaker (4).. Submarine Boat. I:‘uverior ou.... 6212 67 | Telautograph Tennessce C | Texas Co (3). Tex G Sul (f Texas & Pa Tex & PacC & O {Timken (13%) Tobac Prod (6) Tobac Prod A Transcont Oil. . Underwood (3). . Un Bag & Pape Union Oil (1.80). Un Pacific (10).. Utd Cigar (13%) United Drug (6) Utd Drug 1st 3% Utd Fruit (10).. Utd Ry Invest.. Utd Ry Invest pf U S Cast Iron P. U S Ind Alcohol. [ U S Rubber. U SRub st (S).. U S Smelting... . USSmtpf (312). U S. Steel (17).... C SSteel pf (7). U S Tobacco (3). Universal Pipe. . Univer P pf (). Utah Copper (4) Utah Securlities. Vanadium...... va-Caro Chem. . va-Caro Ch pt Va Ry & Power. wabash. ... Wabash pfA. Wabash pf B. waldort (1%) Webber & H (1). West Pen (4). West Pen pf (7). West Maryland. West Md 2d pt Western Pacific. West Pac pt (6). West Union (7). 1165 ‘West Air Br (6). 107 Westinghse (4). 67% Westhse 1t (4). 80 Wheel & L Erle. 18% White Eagle (2) 26% White Mot (4).. 68 Wickwire Spenci 14 Wilsor &Co.... Th wilson & Co pf.. 19 Wwillys-Overland 10% Willys-Over pf. 73% Woolworth (3).. 112% Worthington... 51% wright Aero (1) 15 wrigley (3).... 44 a8n Yel C Mf (2.52)... 38% 38 Youngstown (4). 7l% 71% 70% 703 $Payable 1o preferred stock. | given in the above table | based on the | ly declarations. tra or speclal | 6% 19 10 71% 110% 50% 14% 44 112% 52% 15% 44 PITTSBURGH'S TAX CUT. PITTSBURGH, December 11 (Spe- | clal).—The 1925 tax levy has been set by council at 19% miils on land and 9% mills on buildings. This is a re-| duction of half mill on land and 2% mills on buildings from present rate, which is 20 and 12 mills. U S Distributing i Realty (8). . ] i U S Realty pf (D) 1 | | Chile Copper 68 424 425 | | [ 8in Crude Ot 6: | Sug Est Orlent 7 unt for the selling | SoPenhagen 6%s.. | Denmark &s. | Hershey 6s 1942. | KCP & Lt 5s A '62. | Phil & Rdg C&I5s | Pub Sery Elec 68 | Sharon St1 H 8 THE EVENING STAR, WASHINGTON, D. €., THURSDAY, DECEMBER 11, 1921, WEAKNESS NOTED | Coxvew vore BONDS sroexsxcnasc] B RAIL MERGER Recelved by Private Wire Direct to The Star Office. UNITED STATES BONDS. (Bules are in $1,000.) Sales. High. low. 2:30. 168 101 100-26 100-31 81 101+26 101-16 101-26 724 100-30 190-21 100-8¢ Sales. High. Utah Pow & Lt bs. 4 914 Va-Car Chem 7s.. 36 73l Va-CarCh7%ssw 8 45 Vertientes Sug 7 92% Warner Sug 7s'39. 80 Warner Sug 7s '41. 90% West Elec bs 98% West'n Union 6%s 110% Westinghouse 7s. . 107% Wickwire Spen 7s. 8 Willys-Ov 68 33 991 Wilson & Co 1st 6s 91% Wilson & Co cv 6s. 55% Wilson&C cv 73s. 23 56 Winchester A 7%s 2 101% YoungstnS & T 6s 13 95% RAILROAD. 2 64% 25 89% 1 86% 35 86% 89 5 86 27 100% 39 FOREIGN. ales. High. Argentine & 1o 5" Argentine 6s°37.. 167 95% Argentine 7 02 Austria 7s Dank of Japas Belgium 6s. Belgium 6%8 w1 Belgium T¥%s... Belgium . Bolivia 8s. Bordeaux 6s Brazil 7s. Brazil 8s Canada 5s 1926 Canada 5s 1981 Canada bs 1952. ... Canada 6%s 1929. . Chile 7s 1943 Chile 85 1941. . Chile §5 1946, Chinese Gov Ry &8s Con Pow Japan 7s. 5 3 7 1 2 6 9 6 3 109% 109% 107% 107% 92 92% 861 86% 82 82 96 96% 100% 100% 101% 101% 102% 102% 10214 102% 99 99 1064 106% 105% 105% 46% 464 92 92 941 94% 96% 97 160 100 100 100 109% 109% 100 100% 110% 110% 2% 98% 951e 8713 93 94 100 100 1044 104% 95% 95% 78 T8% 88 88 82% 83% 91% 1% 8B4 €84 864 86% 864 87 19% 20% 324 824 89 89 100% 101% 103 103 981 98M 98l 98% | 98% 98% 1124 112% 8515 857 804 80% 90 Ann Arbor 4s Atchison gen 4i Atlantic C L cl 4 B& O gold 4s. B&Ocv4ks B & O ref bs. Balto & O 1st B & Orf tmp 6s. 101% B&OPLEWV 4s.. 2 84% B&OToledo4s... 5 694 Bklyn-Manhat 6s.132 83% Canada South 5s.. 4 100% Canad North 6%s. 6 1167 Canada North 7s 116% Canada Pac deb 4s 29 79 CarClinch & O 5s. 1 101% Car Clinch & O 6s. 12 106% Centof Ga6s..... 20 102 Central Pacific 4s. Ches & O cv 43%s.. 21 Ches & Ogn4%s.. & Ches & Ohio cv 631170 Chi& Alton'3s.... 8 Chi & Alton 3%s.. 12 Chi B&Q gn 4s '58. Chi B&Q 1st rf 6. CB & Q-1ll1 3%s Chi& E1gn os. Chi Great West 4s. 32 CM & Puget Sd 4s. 3 Chi M & St P 4825132 L P db 4s. . t P gn 4s '89 Chi M&St P cv 4% CM&StPgnilks Chi M&St P rf 4%s ChiM & St P cv bs. Chi M & St P 6s. & N W gen 4s... hi & N W ref 6s.. Chi Rys bs ChiRT& P gn s, ChiRI&Prfds. ChiUn Sta 4%s... Chl Union Sta §s. Cnl & W Ind cn 4s Chi & W Ind 7%s. |ccc&stLss.. ... CCC&StLrf6sA Cleve Term Bs..... Cleve Term 53%s. . Colo & Sou 4 %8 Cuba R R bs. . Cuba R R T3%s Der & Hd 1st rf 43 Del & Hudson 6%s Den & Rlo G cn 4s. D & Rio G imp bs. D& RG1strf5s.. Det United 4% . e 1st cons 4s. e gen 4s. . Erie conv 48 B rie conv 48 D . rie & Jersey fs. . Erie Genessee E 6s 001 100% | Great North bs. ... % 118% | Gr North gen %3 66% 66% | Gr North gen 7s.. . 154 1154 | Green B & W db B. 104% 104% 91w 9 Havant ERL&P 58 10513 105% | Hud & Man ref bs. 110% 110% | Hud & Man aj 8e.. I11 Cent ref 5s °55. Il Central 5%s... Int Rap Tran 6s... Int Rap Tr 5s stpd Int Rap Tran 6s... Int Rap Tran 7s... Int & G Nor 1st 63. Int & G Nor aj 6s..19 Iowa Cent rf 4s... | Kan City Ft S 4s.. Kansas City S3s. Kansas City S 5 Kan ity Term 4s. Lake Shore 45 "28. Lake Shore 4s°31. Lehigh Valcn 4s.. Long Island rf 4s. Louis & N Louls & ) Manhat Ry cn 4s.. Market StRy 7s.. Mil E1 Ry & L 5s.. M & St L 1st ref 4s M & StLrfex M StP & SSM cn és. M StP & SSM 6%s. & T 1st 4s. 4 9 1 12 20 Cuba 5%s. . Czecho 8s 1951. Czecho 85 1952 ct. Danish Munic 8s B Denmark 6s 13 DEI6%sMch '53 D E15%s Nov '53. Dutch East I 6s 47 Dutch Easc 1 6s°62 Finland s f 65 1945 Framerican 71s. . French 7s w | French Govt 7 French Govt 8 Germany Tswi .. Holland-Amer 68 Hungary 6% Japanese 43 25 b4 20 51 8 10 268 36 62 386 9 54 4 67 7 3 7 100% 104% Jergens UM 6347 Lyons 6s. Marseille 6s Mexico 45 ‘04 asntd Mexico 5s assented Montevideo Ts.... Netherlands 6s ‘54 Netherlands 6s ‘72 Norway 65 1943. orway 68 1944. Norway 68 1952 Norway 8s....... Orfent Dev deb 6s. Paris-Ly's-Med 6= Parls-Ly's-Med 73 Paris Orleans 7s Porto Algere 8s. Prague, 5 Queensland 6: Queensland 7s. ... Rio de Jan 85 1946 Rio de Jan 8s 1947. Sao Paulo City 8s. Sao Paulo State 83 ine Dept of 7s. . 2L e @ B 95 s1u 91% 103 102 109% 109% 94% 934 98 100% 92 85% &8 oo ok S PO S TR PP Y RT3 1 =PV oL 100 o= 91% 85'a Sofssons 6s. 88 Sweden 5148 cf Sweden 6% Swiss 5158 1946 93% Swiss Conted 8s. . 100 109i4 1 87 68% 104 108 Zurlich §s. MISCELLANEOUS. Am Agr Chem 5: Ajax Rubber §s Am Agr Chem Tiis Am Chain = f 65’33 Am Cotton Oil 66% 0% i [ 8! 964 96 100% 103 | 102 102 124% 124% 92 929 44 447y 99% 99% 100% 101 Am T&T cl tr6s.. mT&T debb? mT & T cv 6 891y 83% 987 95% Paper 6s. 805 Anaconda cv db 7s Armour & Co 414s. Armour of Del 5%: Assoclated Oll 6s. Barnsdali s f §s. Bell Tel Pa bs. Beth S 10042 100! 90ix 90 94'a 94y B5% BH's *93% 93w 97 97 99% 86% teel 53s ‘53 103 Beth Steel s 6s. .. Brier H St 1st 5%s Bklyn Ed gen bs.. n Gen El deb 6s. g [ Mo Pacific 58 '66.. Mo Pacific 6s MontrjTm 18 ssau E Ry 455 O Tex & M in bs. N O Tex & M 58 B. NO Tex & M5%S.. N Y Cen gen 3%s. SInG & E5%s'6 Col Gas & E15s. Col Gas & El 5s sta Commonwth P 6s. Con Coal Md 1st 58 Consumers Pow 5s Cuba Cane cv 7t "3( Cuba Cane cv d 8s. 1021 1021 100% 10014 Suholurnbe 2 Denver Gas 5s.. Dery (D G) 7 catuSeannn Chi & St L5 E ew Havn d 48 '57. ewHaven cd 6s. ew Haven 7s 1074% 1071 107% 107+ 105% 106 | 103% 10 Dugquesne st Cuba Sug Empire G&F 7 Fisk Rubber 8s. Francis Sug 73%s.. Gen Elec deb bs. ... Gen Refractres 6s. Goodricn 6%s. z Goodyear 8s 1931.. Goodyear 85 1941.. tr. York Ry rf 48 | N Y Ry rf 4sctfs.. 15 N Y State Ry 4%s. 3 Y W & Bos 4%48. 100 Jorfolk & Wcn4s 5 orthern Pac3s... 6 Corthern Pac 4s.. 18 Corthern Pac§sD 6 Northern Pac r 168 20 Ore & Calif 13t bs. 4 Ore Short Liref 4s. 17 Ore-Wash 1st If 48 65 Pennsyl gen 4%s.. 11 Pennsyl gen B Pennsyl 6%8 Pennsyl gold 7s Peorla & B inc 4s. Pere Mrq 1st 4866 pere Mara 1st bs.. 51 Reading gn 4%s. . 143 Rio G Westclds.. 5 RIArk & L4%s.. 10 StLIM&S4s'29... 6 StL IM&S R&G 4s. 14 StL&SF plisA. 20 St L& S F prin §s. 20 StL&SF6%sD.. 15 StL&SFadbs.. 31 StL&SFincts.. 94 StL&SFplésC.. 1 StLSW istd 20 StLS W con4s’32 11 StP & KCShL 4%s 2!:; 38 15 66 26 25 4 65 17 30 5 20 2 4 2 108% 108 14 105% 106 105 105 101 101 100% 1004 108% 109 119% 1194 103% 10315 994 991, 97 97y 93% 93y 1024 1 881, 864y Humble D&R 5%s. Tllinois Bell 1st bs. Illinois Steel 414s. Indiana Steel 5s... nt Mer Marine 6s. 4 Inter Paper5s’47. S Kan G & El 6s'52.. Kelly-Spring 8! Keystone Tele 5s.. Lackawa S §3'50.. Liggett & Myrs bs. Liggett & Myrs s, Lorillard (P) bt Magma Cop ¢V 7s.. Manati Sug sf 7%¢ Maxwell Motor 78. Midvale Steel 58 ct Montana Pow 6s. . Mor's&Co 1st 4%s. Nat Tube 1st 58... New Eng Tel 5s... N Y Eden 1st 6%s. NYG EL H&P 4s NYG EL H&P 05 NY Tel 4 N Y Tel 85’41 N Y Tel 68'49.... orth Am Ed 6s. orth Am Ed 6%s. Nor States POw & Nor Ohio T&L 6s Northwst & Tel 78 Otis Steel 7348 Pacific Gas & El 53 Pacific T & T 53 '62 Pan-American 6s.. Pan-Amer Pete 7s. People's Gas bs... Phila Co 5%s 38 Phila Coref 65 A.. 6 18 1i8% 1 100 74 106% 10 87% 13 98 9 794 10 101% 100 113% 85% 101 9615 1064 108 97% 101 934 921 107% 92 94 93% 9% 104% 94 941 102% 99% 98% 103 110% 104% 103 103% 106% 83 88% 100% 100% 83% 99% 964 105% 97 9945 103 96% 864 105 101% . 20 104% 105% 105% 87 871 9k 9744 T9% 79% 1013% 101% 99% 993 118% 113% 85% 85% 100% 101 96k 96 106% 106% 108 108 97 973 100% 101 Sou Pacific 48'29.. Sou Pacific ctl 4 Sou Paclfic ref 4 Southern Ry gn 4 Southern Ry 1st 58 Southern Ry 6s ct. Southern Ry 6%8 Sou Ry Moblle 4 ird Ave ref 4s.. | Thira Avead) 5 Unlon Pac 1st 4 Union Pac 45 '27. Union Pacific cv 68 Virginia Ry st 6s Va Ry & P1st & ‘Wabash 1st 6s. 92 - 93 98% 94 98 93 9% 978 10445 10415 94 94 94% 941 102% 1024 99% 99% 984 9815 | 102% 103 110% 110% | 104% 1043 | 103 108 | 103 103 105% 105% | 82% 827 874 874 100% 100t 100% 100% 83 83 9% 99% 96% 6% 105, 105 97 o7 99% 99% | 102% 108 | 96% 95% | 85% 864 | 108% 104% 101% 101% 104% 104% Pierce-Arrow §s.. Plerce Oil deb 8s. Producers & Rf 8s. Public Service os.. PuntaAlesrs {8 Western Paclfic 58 West Shore 1st 4. Wikes-B&E 1st § Wisconsin Cent 48 5 CANADA'S POTATO YIELD. OTTAWA, December 11.—Canada’s total potato yield for 1924 1s 2,590,000 cwt. In excess of that for 1323, ac- cording to an estimate of the de- partment of agriculture. The yield estimated for 1924 is 58,068,000 cwt. as compared with 55,497,000 cwt. for last year. — The gloss used on chinaware is be- ing used for the coating of art paper. Sinclair Oil 6% Sinclair Ol1 7 Sin Crude Oil b%s. Sin Pipe Line South Bell Tel Southwest Bell 6. Steel & Tube 75 Tenn Elec Pow 6s. Tide Wat Oil 8%s. Unlon Bag & P 6 U SRub 1st rf 5s.. U S Rubber 7 U S Smelter 6 USSteelsbs 96 | 58% | trade. | gains and January 123 1(\»50 &g | tations at | here | the 20% | said to be developing volume ea % | tha 70% | pri; 214 | 17% | ing w | | | | FINAN CIAL. DECCARED CERTA Van Sweringen Brothers Re- port Steady Gain in Shares Pledged to Plan. By the Associated Press. NEW YORK, December 11.—Reiter- ating their statements that the suc- cess of the leasing plan devised to carry out the proposed Rallroad merger was assured, the Van Sweringen brothers of Cleveland, creators of the enifrged system, re- ported today a steady increase in the number of shares of the participating roads pledged to the pla These lude, in addition to the present ickel Plate,” the Pere Mar- quette, Erle, Chesapeake and Ohio and Hocking Valley Railroads. Following the acceptance of the re- cent plan by the Erie, further prog- ress is expected in bringing the other lines into an agreement. COTTON QUOTATIONS CHANGE BUT LITTLE Failure of Goods Market to Pick Up Holds Back Price Advances. By the Associated Press NEW YORK, December 11.— The cotton marke eady today at unchanged prices to an advance of 11 points on covering and Liverpool buying, prompted by the steady rul- ing of the English market. January sold up to 22.90 and March to 23.28 or 8 to 9 points net higher on the early demand, but prices soon turned easier un, realizing liquidation. The latter was supposed to be partly due to disappointment over the failure of demand to develop more rapidly in the cotton goods market. Selling was restricted, however, by claimd of a firm spot situation in the South. January sold off to 22.77 and March to 23.15, active months ruling about 2 to 6 points net lower at the end of the first hour. New Orleans Quotations. NEW ORLEANS, La., De: The cot market opened quiet t steady, with littla disposition to As Liverpool was better than expected, first trades showed s advanced to 23.1 11, March trad 23.45. After nber 11 right after th 2 and May at 1 to 2 points below ing — CHICAGO GRAIN PRICES. CHICAGO, December 11.—Wheat prices showed a downward tender & the early re or le Liverpool to realize profits. ime being, buye disposition fluenced by lower quo and by selling For at I showed a no- table to await setbacks ment of new Argentine wheat was rlier Opening to % had been expected . which ranged from lower, with May 1.65% Ji 1.45% to 1.455 by a material furt Rain in parts bearish effects also on oats. wer, 4, x were followed r decline. of Argent the corn market and After opening at 1 to 1 off, May 1.28 to 1.283%, corn con- | tinued to recede. [§ s cd at May 63%to 63 dditional sag Provisions were % to and later decline, wealk, Close. 1.60 1645 JRT 208 i OATS December My uly. RYE December 8378 t3t4 2 3 3 DAIRY PRODUCE. BALTIMORE, December 11 (Spe- cfal).—Live poultry—Young chickens, pound, a24; Leghorn 15a20; old 3, old roosters, 14a15; young old, 30; poor and crooked b 25; ducks, 16a22; geese, 1 a25; pigeons, pair, 30; guinea fow! each 40a80. Dressed poultry—Turkeys, pound, 30a35; poor and crooked breasts, 25: chickens, 20a25: old roosters, 13al6: ducks, 20a25; geese, 20a28. Eggs—Receipts, 1,285 cases; native and nearby firsts, dozen, offered, 60; bid, 57; quotations, 57, Butter—Creamery, good to fancy pound, 40a46; prints, 46a38; nearby creamery, 36a42; ladles, 30232; store packed, 24a25; process butter, 33a34; dairy prints, 25a27; rolls, 25a27. GRAIN AND PROVISIONS. BALTIMORE, Md., Decémber 11 (Special).—Potatoes, new, 100 pounds, 1.00a1.50; sack potatoes, barrel, rel, 3.50a4.00; beans, barrel, beats, 100, 4.00a5.00; bushel, 40a50; brussels sprouts, gquart, 10al15; cabbage, 100, 3.00a5.00; savs bushel, 50a65; carrots, 100, 3.00a6.0¢ caulifiower, crate, 2.00a3.25; celer crate, 1.75a4.00; cucumbers, bushel, 2.5026.00; eggplants, crate, 2.00a4.50; lettuce, basket, 1.50a2.50; onions, pounds, 2.7523.00; oysterplants, 100, 6.00a8.00; parsnips, basket, 50a60; peppers, crate, 3.50a6.50; pumpkins, 100, 15.00a25.00; spinach, bushel, 40a squash, 3.50a6.50; crate, 3.00a4.00; tomatoes, crate, 50a6.50; basket, 25a40. Apples, packed, barrel, Dbushel, 75a2.00;, loose, basket, 40a75: box apples, 2.00a3.00; cranberries, box. 6.50a8.00; grapefruit, box, 1.50a2.50; ale, | oranges, box, 2.00a3.25. Selling - Prices at Noon. Wheat—No, 2 red Winter, spot, 1.71; No. 2 red Winter, garlicky, domestic, 1.71; No. 2 red, Winter, garlicky, 1.67. Sales—Bag lots of nearby at 1.60, 1.63 and 1.65 per bushel. Corn—Cob, new, yellow, spot, 5.70 per barrel; track corn, yel- old, 1423, No. 3, 64 and 64%. Rye—Nearby, 1.10a1.25; spot, 1.40%. HAY—Receipts, 31 tons. No. 3 rye, There is a limited demand for the better grades | of timothy and choice light clover- mixed hay, of which class of stock the supplies are not excessive. Me- dlum and low grade hay of all de- scriptions 15 In ample supply and hard to move at any price. Quotations today—No. 2 timothy 19.50a20.50; No. 3 timothy, 16.00a18.00 No. 1 light clover, mixed, 18.50a19.00; No. 1 clover mixed, 17.80a18.00; No. 2 clover, mixed, 15.00216.00. Straw—No. 1 wheat, 12.00a13.00 per ton; No. 1 oat, 13.00a14.00 per ton Knowledge 1s that which, next to virtue, truly and essentially raises one man above another, ickel Plate” | r commission house | vesterday's | transactions | a had al sympathiz- 100 | turnips, | 3.00a7.00; | DIVIDEND DECLARED BY MORTGAGE FIRM Bankers’ Meeting Here. New Bank Director—Gas Light Stock Up. BY CHAS. P. SHAEFFER. Directors of the Real Estate Mort gage and Guaranty Corporat day declared the third semi dividend on the preferred sto 3 the rate of 8 per cent per annum, and also the third semi-annual disbur ment on the common shares at rate of 2 per cent on par, equivalent to about 8 the present market love ends, aggregate $10,000, . t of rec: o which is t on Both divi more thar 2 began fu and has growth from the active competition now are given as $1,941, surpius, qi gregatn 323 5 2. Breuning president of the ns Savings Bank, heads the com- } , with Thomas Somervi | R. L. Neuhauser, vice prosidents; Gen }Anll)n Stephan is treasurer and W i . Stickle secretary. ea Bankers in Sesslon Here. The annual meeting of the ad | trative committee of the ankers’ Aseociation tod. wo-day sess The convention functory, held for particular subjects bankers of t cially Interested. infs- Ameriean more or the disc wh | rency |and currency c |and se : the banking mmittees of the Houss ! > meetings will be presided over | by Willtam E. Know, president of the | American Bankers' Assoctation Willard on Bank Directorate. Henry A. Willard, Washington real estate yesterday added to the hoa | Natlonai' Metropolitan Ban | election continues unbroken {sentation of this family in t I ropolitan for three successive gen j tions. | | The new director is a son of Henr Willard, former director grandson of Henry } director of the institution Bank Vault Bids Opened. ding for the v aults in the n Federal- been leade Dieboid ton & 1d e & Lo g Rem man Co.. Mosler Safe ( Lock Co. and the Her be announced at a later date Heads Rigzs Bank Club. . Taylor has bee: Riggs Bank 100% | before taking hold. Besides, the move- | | { year con- ver, Georga | Dagenais, S. Ran | WG 'K | | gan >wed an | " Gas Light at New W | comy mark for the ! ex has maintained | trend. me { than seve | Lanston Monotype eas | sales of shares, w |Mortgage and Investme decreased a quarter poi American Security and T pany was unchanged 3 | Capital Traction at | Bonds were steady Treasury Books Kept Open. The Treasury anounced t would hold open until | the subseription books jof maturing securities i { issue of 20-30 year 4 per cen { In addition to the sought in cash from the n. the Treasury offered to ta change as a refunding operatic { third liberty loan 41 per cent b | Treasury notes of 1825 and Treasur certificates of indebtedness maturing next March 15 that were tendered. CHICAGO LIVE STOCK MARKET CHICAGO, December | States Departmen | Hogs—Receipt { mostly steady: weight jlight welght slo underweigl | steady to 25 higher; fairly active de mand, big packers doing little; top. |9.90; bulk desirable, 225 to 825 { butchers, 9.50a9.80; 170 t weight, large {to 150 pound sows, mostly | welght slaughter pigs, Cattle — Recelpts, welghty fed alized, weak to 25 under Wednesday's average market, in-between grades | yearlings showing declines; cholc: | yearlings about steady; early top. {14.00; some held higher: medium and | big weight steers predominating run; fresh receipts increased by mod- |erate holdover from Wed many welghty steers being market; bulk of qualit to sell at stock strong; classes generally trade on choice (Un ulture) head, uneve butchers fir: emi-demo: little stead done; largely v o packers | tive: fat lambs = fat natives and fed Westerns 15 best bid carly 15.85; at 16.00; no clippers sol steady; handyweight fat ewes, 5.75; feeding lambs steady to stron bulk, 14.50a15.25; best bid, NEW MARYLAND BANK. BALTIMORE, December 11 clal).—The Parkville Bank ville, Md, has been authorized commence business by Page, State bank commiss bank will have a paid-up $25,000 and pald-in surplus of § The officers are: President. P. Beermann; cashier, J. Hammond: vice president, A. M. Bacon. FOG STOPS WOOL SALES. LONDON, December 11.—The wool sales were again postponed today on account of fog. ekt PARIS MARKET FIRM. PARIS, December 11. firm on the Bourse today. cent loan, 51 france. Exchange ov London. $7 francs imes ive | per cent loan. 62:francs 60 centime. !The dollar was quoted at 18 francs [P Prices were Three per*