Evening Star Newspaper, January 4, 1925, Page 33

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FINANCTATL ENORMOUS TRADING W | ATTENTN TURNED mn Low. U. 8. BONDS. High. Liberty 2d 4s 1! . 2~ 102~ =2 - g bl "x'.« Giomer g::m Low, Cige, 98-8 Liberty 1st 4345 1932-47.. 10122 101-10 101+21 401 3 m 19% Liberty 24 434 s 1927-42 100—28 100-20 100-22 4 00 63 73v. 6 Adams Express.. 89% I + i Libert 388 — y8d 4% 51928, 101-6 100-31 101-4 e ey Liberty 4th 4% 1933-38.. 101-27 10117 101-23 402 Treasury 4%s1947-52... 106-3 104-17 105 392 sl French and German Issues FOREIGN. Close. High. Low. Last. Argentine 78 1927... 102 101% 102 Very Erratic During Past 95 864 Austrias e 1943. o o o6s Weel’s Tradi 101 Belgium 6s 1925. 111 Belgium 7%s 1945, 109% 108% 109 eek’s Trading. 109 Belgium 8s “‘;“ 107% lg;:i lgg{: o1 Bordeaux 68 19 ‘ Brazll 8s 1941 96 97 rnaanatets 135 163 | BOLD TREND IS REVERSED Canada 6%s 1929 102 102% Chile 8s 1926.. “ 3 103 108 s Chile 83 1941. 106% Sterling Exchange Nears “Pegged” Chile 8s 1946. . Chinese Govt Ry b8 1951 41 o Price of War Time—Higher Copenhagen 5%s 1944. Czechoslovakia 8s 1961, “ Money Lik:ly‘ Denmark 65 1942 99% Denmark 8s 1945 Dutch East Indle: 99 BY GEORGE T, HUGHES. Dutch East Indles 5811;:2 Special Dispateh to The S Framerican Ind Dev 7%s 1942. NBW FORK, Tomar e g - Brench Govt 1%s 1941..... %| tentlon of the " investment Tv'r::::i:u French Govt 88 1945. this week has been concentrated upon Holland-American s £ 68 1947.. . forelen Dante) Pach ot s ted spon 4 Japanese 45 1931. g issues have been larger than any 881 Japanese 6%s 1954 th B o besn larger than euy 73 Jergens Utd Margarine 63 1947 y il s et ok coneat, +1 ¥ eaFa "ESsRae” 5P 28% 8 Advance Rumley pf. {Ticker 42 Minutes Behind in €7% 15 Alr Reduction 80 4% —— Ajax Rubhev_‘ Recording Sales as Prices 4 AlieChalmers Mt 8-Chalmers Mfg p! Bound Upward = Am Agriculture Chemical ? 645 35% 85 62K 87 8% p o 4 Am Agriculture Chemical Dl " '8 ATB% 464% & American Beet Sugar. 62% 42% —— Kresge.Dept Stores. 46% 43% 17% —— Kansas City Southern. 1614 — Kayser (Julius) & Co. 9% —— Kelly Springfield Tires. 76 8 Kelsey Wheel.. +1+l++14 14+1+111 - ‘American Beet Sugar pf - i § —— Lee Rubber & Tire. BEARS RUSH TO COVER : American Bosch Magneto 49% 31% 45 89% 8% Lehigh Valley .. Am Brake 8 & Foundry 102 9% 50 3 Liggett & Myers. 104 % % American Can 168% 154% 198 3 Liggett & Myers (B). 116108 119 ' 109 American Can pf. 116% 116 116 56 4 Lima Locomotive... - 18 149 207 5% 2 Loew's, Incorporated. Radio and Allied Shares Lead Ad-| o5y ‘204 Zep oo 12 American Car & Fou Bom 50" . 7! " o) vance—Industrial Average P L < AATISEICRS Clisle S American Express. Highest on Record Am & Forelgn Power 126% — 2% 17 2 Ludlum Steel Am & Forelgn Pow full pa 127 86 160 McCrory Stores B. Am Hide & Leather pf o 76% 6 Mack Trucks.... 9 45,4 59 — Macy (R H) & Co. ‘American International 3% 8% 2% 26% —— Magma Copper. American Linseed. . 29 25 18 —— Mallinson & Co. American Linseed pf. 88% 4 Manhattan Elec Supply ‘Am Locomotive (new) . 80% 8% Manhattan Elevated gtd. American Metal 261% 3 Manhattan Bhirt. : - American Radiator. Maracalbo O1l. . P S naeDy STvenoe. An.jha ‘Am Rallway Express..... BOW Market Street Railway wndard industrials, the general aver-f— . _ 4 35% —+American Safety Razor 89 Market S8t Rallway 2d pf. . 0,000 shares, or at the rate | 102 g;“ u.&-‘é‘.‘}"w‘.... s Marseilles 68 1934 . ¥ Quotations for Frénch and German 00,000 shares for a full five- 31% Mathieson Alkali. . Netherlands 6s 1972. obligations dealt in on the Stock Ex- i 48 Maxwell Motor, Class A. e Norway,881940..........00c0ee0 1124 change fell away sharply during the who had counted on a o2 Maxwell Motor, Class B. 861 38% 85% Paris-Lyons-Med 8s 1958. 78 first three days of trading, followed sction in the first trading days of the 18 ‘ A Hutre Tobross Quecnsland 65 1947. by /& RIDELABEL e e year on the theory that there would be | 581 40 Am Telephone & C Quecnaland Ts 141 Other European bonds were € »-hf-imi' (\\ r;rnr»k!(;x‘!'nnlgo‘x:;; lzgu 119% 15«. 121% Am Telephone & Teleg. Sag P:ul:nset::a :r B8 1936 ympathetically, but to a less ad deferred converting p : 4e: g 7 5 ¢ 1a o = — 4% 2 Amer Water Wks (n). Serbs Crotes Slovenes 88 1962. ... the Ruhr has there been such con- tri & Am Water W & El par pf.. Sweden 65 1939 cern exhibited by holders of French nded upward e AT Aeiicanoolin Sw:;sd(‘;.;rr‘;.::,;sssx’;:fiw 118 dollar bonds as was evidenced in the s el | 5 iz AncaR T ed United Kingdom 5%s 1937, : 106% arly part of this week. H ‘American Zinc L& S pI. Reasons for Concern. Ticker Delayed 42 Minutes. i 2¢ Y :"":"::rc"?l’*" INDUSTRIAL AND MISCELLANEOUS. The reasons therefor lie entirely , in which a large short Aeoid Conmtatisd G Amer Agri Chemical 7358 1941. 5% 95% 95 2lon the surface. In the first place rted to ex ki e Loty Amer Smelt & Ref 1st 65 1947 % | there was the decision of the allles 2 ts to a record high at 0 OM.H e Amer Sugar Refining 6s 1937 not to evacuate Cologne on that date s0on after the opening, closing e Cflyeretrest i Amer Tel & Tel cl tr 451929 . originally arranged, on ths ground o top. So furious was the pace | “goel Atehison Topeka & § Fo pf Amer Tel & Tel cl tr 5s 1946, . % that the German government had not g that v 127 109% 159 Aot Coam Lioe: s en Anaconda Copper 6s 1953 | fulfilled its engagements under the 84 9y Atlantic Gulf & West Ind.. Anaconda Copper cv deb 75'38. s 4 treaty of Versailles. The point of 4 Armour & Co 4%81939. 85 lssue was disarmament, and the the market closed, the| 57 g ; Atlantic Gult & W I Bt 5 on record e e natag. S Atlantic Refining deb 58 1937.. % news dispatches reporting dlscovery of hidden supplies of arms in Ger- previous record, a delay of 41| 90 s many were very disturbing. minutes, took place at the end of an| gge 37 exciti -hour session on November | 34410 1101 Almost at the same _time these dis- quieting cables weré coming from ed States Steel common | gos Baltimore & Ohlo. the other side, discussion as to the 0 Hm highest price since 4 Ohlo pf. JOT. & neb nif 9 flfiflifii‘cnmf Cons Coal (Md) 1s ref 55 1350 French war debt to the United States - Baldwin closed 3 Barnsdall, Class B Cuba Cane Sug cv deb 8s 1320, 4| broke out in Congress. For a long Rayuk Bros. . Detrolt Edison ref 65 1940. . time this subject had been dormant ver, took h P Beechnut Packing. Du Pont de Nem 73%s 1931 Suddenly it took on fresh Iife. with o in those stocks assoc v 2 62 Bethleher Steel . Empire Fuel & Gas 1%81937..... . the net result of making very plain xtreme gains of 5 Bethlehem Steel pf new. General Electric deb 5s 1952, not only the seatiment. fn oth orded by Bosch | 111% 100% 2 Bethichem Steel, §% pf- Goodrich (B F) 61%s1947. houses of Congress, but of the ad- e Electric, Man- | 12135 104% Brooklyn Edison Electric... 122% 120% 14% — New York, N H Goodyear Tire 88 1931 4 2 ralbistration (that 1t was high thne Supply and Blectric | “18% = 9y % - — Brooklyn-Man Transit. 89 - 8n 16 1 NvY, Onurlohwmu 26% i Qoo sear Tiee s 1041 the French government made some , but these were sub- | 49% 81% Brooklyn-Man Transit pf... 3% 72% 12% Noriolk Beattern. By 99 % Humble Oil & Ret 5%s 1932 4 owA R e Tor G bl 131% 128% Endiank Stesl Esilent 4 tion, even though terms were made @ 4% 90% 90 T & By the Associated Press, v W YORK, January 3. iasm in the stock market his in today's brief session, featured by excited specula- radio and allied electric + - 3 - + = 5 - anwa l |.,[q.m FEEERE £ EF 4l i+t i+ LI+ 444101014+ s I+l 1+++ 4 #Esez” | MRS FEER R Midvale Steel Minneapolis, St P & Minneapolis StP & SSM pf. Missour: Pacific. - Miusouri Pacifls pf. Montana Power. . Montgomery Ward. L o1 | = IM- 8 Nat Dairy Products. 361 — Nat Bepartment Stores. 80% —— National Distillers pf 18% —— Nat Enamel & Stamping. ll’!‘ 128% 8 Natlonal Lead. ;:x. % 3 Natlonal Supply s sresadfeaeF s 864 4 New York All Braks. .. 67 4T% 4 NY AirBrake Class A. 23 2 New York Canners. 99% 7 New York Central. 72% 6 New York, Chl & St Louts. 83 6 New York,Chi&StLpf. 19 —— New York Dock - FEFFSEF P41 I+ 1 14414+ + 144144414444+ 41+ + d or canceled in the 2 6" Brooklyn Union Gas. . 9% 7% c e ook, sox % Jenckire Oul : 2% 70 Inter Mer Marine 63 1941. 5 very lenient. at 45 Burns Brothers to closed at 45 for a Burroughs Adding Ma 64% points after having 7 Butte Copper & Zinc 8% Radio Corpora- Butte & Superior od unchang- Butterick Company - x California Packing. - 106% 104 California Petroleum (new) 27 28 California Petroleum pf. 102 99 > i Calumet & Arizona. 58% BB salionsl v Calumet & Hecla - 18% 18% performer, soaring 23 Canadian Pacific . 161% 149 d then reacting to | 150 "~ Case (J I) Thresh Mach. 30 20 ength also developed Case Threshing Mach pf. k Central, which touched Central Leather Co. ighest prices since 1912, ‘ 4 —— Central Leather Co pf. v, which estab- Central Raliroad of N J. 4 Inter Paper 58 B 1947. . ity cmenield b6 1931 : Syndicate Lifts Support. Lackawanna Steel 5s 1950 90 8 ess dispatches from Washingtor Liggett & Myers 58 1951. . . 97 i| went so far as to insinuate that the Manat Sugar s £ 7%s 1942, United States Government would look Midvale Steel 551936. . . 4| with disfavor upon any further new New England Tel 5s 1962 97 4 | private loans to France or to French New York Edison 1st 6%s industrial enterprises unl nego- NYGasELHG& P5s1948 tiations as to the war debt were New York Tel 4%s 1939 promptly initiated. It is no wonder New York Tel 65 1941. ... 5 106% that the market for French bonds North American Edison 6s turned weak Pacific Gas & Elec 55 1942 » To make a bad matter worse, the Pacific Tel & Tel 58 1952 - . syndicate which had placed the new Pere Marquette. . Philadelphia Co ref 6s 1944. French 7s withdrew Pere Marquette pf. .. . 86 Public Service 55 1959 % the bonds wh Fhiladeiphia Company . % Sinclair Oil 75 1937.. premium of a point directly i Phila & Reading C& I. 4 Tk, 5% Sinclair Crude Ol 535 1925 : " 7| after they first were offered, drop- 28% 2 Phillips Petroleum. South Porto Rico Sugar 7s 1941 ped back almost 3 points from the 64 Plerce-Arrow . Y . 95 3 Union Bag & Paper 6s D. 9 ‘ original price. In itself this was 18% —— Plerce-Arrow pf. 5 U S Rubber 1st & ref bs 1947. 85 85 |nothing unusual. A slump in the 59% 8 Pierce-Arrow prior pf. U S Rubber 738 1930. . ¥ market for a new bond issue often 20 —— Plerce Oll pf. U S Steel s £ 551963, follows the release of the syndicate 47% —— Pittsburgh Coal Utah Power & Light bs 1944, . members from their agreement. It Pittsburgh & W Virginia. Va-Carolina Chem s f 75 1947 is disturbing to investors who hap- Cereal. Va-Carolina Ciem 7 3 '37 war, s %|pen to have bought in good faith at the beginning, but it signifies noth- Wilson & Co 1st 65 1941. ing as to the merits of the security Wilson & Co cv 7%s 1931. But taken in connection with a these other matters, the syndicate RAILROAD, dissolution came at a most unfor- Atchison gen s 1995 tunate time. Atlantic CosstLine s French Bonds Recover. 5 After the holiday, with its oppor- Balto & Ohio ref 5s 1895 < 5 tunity for calm reflection, there was Balto & Ohio 65 1829. . 4|a sharp recovery not only in the 81% 68% 'lw: . B&OPittsLE& W V. 1941, 835; | French but in the German and other B6% 2 Reading 1st pf. B & O Southwn div 3345 1925. 5 foreign bonds as weil. Now, what 56% 38% 2 Reading 2d pf.. % ‘ Brooklyn-Manhat s £ 65 A 1968... 8 are the facts? First, then, no one 8% . Canadlan Northern 63%s 1946 . seriously believes that France will 31% Canadian Pacific deb 4s.. .. 3 not meet both principal and interest 66% Carolina Clinch & Ohio 55 1938. .. W on all the dollar bonds it has sold 29% su 1 Reynolds Spring Central Pacific 4s 1949 3 in this market. Their status is en- 75 61% 8 Reynolds Tobacco, B. Chesapeake & Ohio cv 4%81980.. 94% 5 tirely apart from the question of the B5% 40%4.42%Royal Dutch ctfs (N ¥). Chesapeake & Ohio gn 41351992, 88 French government war debt to the 23% % 22 2 StJosephL.. 27 19% 5 St Louls-San Francsco. 71 168% 392 89Y% 10% 9% 50% 48 ectric 3, after @I B R e t#!f‘##fl;’##fl‘i:it‘: & PIORNETS T4+l t44+11 1 & srresies sy i for all time, 4 2 Century Ribbon Milis. Most of the other rails Cerro de Pasco Copper. nioderste gains on the day. 3 Certain-Teed Products Many Two-Point Gains. b Chandler Motor. o or more points ! Chesapeake & Oh! Is and specialties Chicago & Alton. . at the close, the Chicago & Alton pf Allis Chalmers, Amer- . Chicago & East Illinols. Foundry, = Amer- American Express, Amer- California Petroleum, Chicago & Great Weste.n pt. arvester, Haves Wheel, Chi, Milwaukee & St Paul. International Tele- —— Chi, Milwaukee & St P pt. ings, Savage Chicago & Northwestern 3 United Fruit, 7 Chicago Pneumatic Tool Railway Investment and United | gr3 Chicago, R I & Pacific. t Iron Pipe. % Chi, R 1 & Pacific 6 n exchanges displayed a firm 2 Chicago R T & Pacific 7%.. Chicago Yellow Cab. Chile Copper. ..... Chino Copper. Cluett-Peabody. Fhae® 51% 134 69% 41% 82 16% 30% 20 o 60% 26% —— Radio Corp. of America. ——— 45% 8% Radio Corp. of Am. pfd 123 99% II'I% 1oe 8 Rallway Steel Springs. 17% 9% s T4ttt 4+ 4ttt ttt]| arnings . in 1924 s history, ap- Colorado Southern 000 to_$9,000,000 Columbia Gas (ne . or about $5 a share. ‘ Columbia Carbon. ] o was equal to $3.91 a Commercial Solven 127% 121 121 satisfactory price of Commercial Solvents, B 129 121% 121% was said to have been an im-|} 32% 8 Congoleum-Nairn. 441 40% 43 or in regard to earnings. 11% —— Consolidated Cigar. and earnings in the last 84 59% Consolidated Cigar pf year were the largest 607 Consolidated Gas new 4 43% Continental Can. ... 894 Continental Insurance 31% Corn Products Refining. .. 2294 —— Cosden Company. 4 Crucible Steel... Cuban-American Sugar. Chesapeake & Ohio cv 58 1346 g United States Government. Second- Chicago & Alton 335 1950...... ly, France must have concessions as Chi B & Quincy 1st ref 58 1971. H st, and possibly a moratorium Chi & Eastern 111 gen581951.... 75 5 3 n begin to liquidate this Chi Great Western 4s 1959 i | war debt. No one who has given ChiM & St Paul cv 435 19! 4| French finances any study at all wiil Chi M & St Paul gen 435 19! A deny this. It will be a very difficult Chi t Paul cv 63 5 gt I Chi & Northwestern 6%s Uncle Sam to Be Fair. Chicago Raflways 55 1927. . i g827;| Thirdly, the American people are Chi R I & Pacific ref 4s 1984 ‘ going to be fair to their Frenoh Chi Union Station 43%s 1964. % ;| debtor. There is mo disposition Chi Union Statfon 6%s 1963 3 % 1171 | Pe harsh or unreasonable as long as Chi & Western Ind con 48 1952. 77 | & beginning is made. Nor is the CCC&StLref 6s A 1929, United States, which has so much Cleveland Term 53%s 1972 5% in common with all the rest of the Colorado & Southern 43%s 193 world at stake, going to impede the Cuba R R bs 1952 % 8 s | progress of E S Delaware & Hudson 5%s 1937. 2 | interest alone i Den & Rio Grande con 4s 1936 83 on this point. As to political fric- Den & Rlo Grande lat ref b P tion abroad, that must not be taken Detroit United 4145 1982 < too seriousiy. Healing of the war Erie 1st con 45 1996. wounds s going to be very gradual Erie gen lien 45 1996 and there will be plenty of setbacks, Erie cv 4s A 1953.. but the progress which has been ef- Erle cv 45 D 19538 > 5 fected already is not going to be undone in 1925. I o L o o T IR I o T o B S 2 T 2 S S I S S S o [ o o oy i O R ey LI+ttt ++44 both in this country and 4 a vrn.u] President George B. Learned 48 on his departure for Eu- the vear's outlook ing, he said any in- 5 4 gs would not be dis- ‘mel Fruit, 534 tributed in the form of increased ‘:*L %‘n’nlalm“u » dividends, but “ploughed back into S brdkuciec S Hua COmpan » 104% 9 Delaware & Hudson 188% 135% New Offering This Week. 3 110% 17 relnv:nrweéxlackxhwm . “g%xum Offaring_of common shares of the 102% 8 Detroit Edison Financial Investing Co. of New York, 112 8 Du Pont de Nemours. 1, incorporation of which was an- 4 104% 18 Eastman Kodak...... \ced today, will be made next 20 —— Eaton Axle & Spring. The new company is patterned Electric Storage Battery. ter British infestment trusts. After Endicott-Johson . 1pital of $1,000,000, and at least g::gjlhr_xg‘ r cent surpl paid in, the Exia Nelliad 1 2d pt. will apply !ur a charter un- Fairbanks, Morse & Co. New York State banking E sk Moowd O . % 8 Famous Play-Laskey pf o of el % Federal Light & Traction O 3 Federal Mining & Smelt'g. n]v'lx'nffirl:ifl':fevtl? Federal Mining & Smelt pt 155 Shell Trading & Transport a Shell Union Oll. South Porto Rico Sugar. Southern Pacific. . . Bouthern Ratlway. Southern Rallway pf. Bpicer Manufacturing. EBtanaard Gas & Elsctric. Standard Ofl of California. Fldd+l Ll ++++ 1+ 4% 30% 118% 114% ssv, Sterling Products. .. .. 124% T4 100% Stewart Warner Speed. T . It is not a little significant that all 94% 59% 84T Stromberg Carburetor. Great Northern genb%4s 5 this disturbance in the market for 46% Studebaker. . ..... Great Northern gen 7s 1936 5 foreign dollar bonds found no reflec- Submarine Boat. Hudson & Manhattan ref 65 1957, tion in the foreign exchanges. Sters Superior Steel. Hudson & Manhattan adj bs 1967 ling made a new high this week, ap~ Texas Company . Illinois Central 5%s 1984. proaching the “pegged” price of wag Texas Gulf Sulphur Inter Rapid Transit 5s 1966 5 times. While there was no corret Texas & Pacific. . Inter Rapid Transit ov 7s 1932 2% | sponding gain in Franch francs, that Texas & Pacific Coal. Inter & Great Nor adj 6s 1952 market gave no signs of concern, as Tide Water Oil. Kan C F't Scott & M 4s 1936. 5 it would had the outlook been as du- Kansas City Southern 35 1950. bious as the American holders of for: RArsan( by sontistnss10g elgn bonds seemed to believe. Thid ] rise in sterling exchange, together lflklfl N with the December excess of gold ex- e ports over imports, has a bearing Mil Blec Ry Jscrefios upon_the money outlook and so in turn upon the entire domestic In- vestment situation. Gold Trend Reversed. Missourl Pacific gen 45 1975, It must be admitted that the trend Missouri Pacific 65 1949. of the international gold movement New York Cent deb 45 1934. appears to have been reversed. So New York Cent ref imp §s 2013 99% far the effect upon money rates has New York Central deb 6s 1935. been insignificant. Year énd require- New Haven deb 45 1957. . 2 ments have been taken care of with NYNHG&H cvdeb 6s1943 % out strain, and the prevailing 4 per cent charge for 90-day accommoda- tions in any normal time would be 74 | considered low. 6% Northedn Pacific 3s 1847 4 y Investment bonds have been dull Northern Pacific 4s 1997 . but steady. Certain banks are said % Northern Pacific ref imp B 3 to have disposed of their holdings of Ore Short Line ref 4s 1929, Liberties in the expectation of high- 9% 8 £ er money and lower prices for Gov- b ernment securities, but to date these 99 Pennsylvania gen 55 1968 5 expectations are vet to be realized. lu’m Pennsylvania 63s 1936. . (Copyright, 1825.) Peorta & Eastern inc 45 1990. ... . i e sxv. Pere Marquette 1st Gs 1950 60 Rio Grande Western clt 45 1949. . - FOREIGN EXCHANGE. 4% RIATk &L 4%481934. . By the Associated Press. 72 StLIM&SR&G 451933.. EW YORK, January 3.—Foreign 66% St L &San Fran prIn 4s A 1950 ¢ i | exchanges firm Quotations, in cents: 80% St L & San Fran pr In 55 1950 88 A Great Britain, demand, cables, 873 StL & San Fran 5%s B 1942. 475%: 60-day bills on . % | France, demand, 5.42; Italy, demand, 4.28%: Belgium, demand, 5.00%; cables, 5.01. Germany, demand, 23 Hollana, % | demand, 40.46, Norw: demana, 92% Southern Paclific cv ) 15.16. Sweden, demand, 26.93. Den- 81% Southern Pacific col 85 84 mark, demand, 17.67. Switzerland, demand, 19.49. Spain, demand, 13.95. Greece, demand, 1.81. Poland, ae- - ¢ mand, 19%. Czechoslovakla, demand, 20I%: Southern By dev 668 1956 . 3.01%. Jugoslavia, demand, 156 39% Third Ave adj 6 1960. . Austria, demand, .0014%. Rumania, 88% Union Pacific 1at 48 1947, demand, . Argentina, demand o et s e M - 99% 40.37. Brazil, demand, 11.62. Tokio, % Virginian Ry 1st 55 1.62... 5 94! 2, 38%. Montreal, 9 365 Wubah Tac 5o 1535, demand, 38%. Montrea Western Maryland 4s 1963 68 e 93% Western Pacific 9014 - The fountaln of youth exists and g ks = bubbles under our very step, but we without drinking of it R R R 0,000. nings Best Since War. = > o Fisk Rubber 18t pr. ? n-months of earnings of the Flelshmann Company ... on Ct the est . . war, indlcate surplus H Freeport-Texa for 1924 of approxi- General American Tank ,000, equivale r:[h l(sl“sl.'i s 5 E:g:fil} :::::]‘ip‘ wit 5 Y G £ o rond depends | 1o General Baking. products for 70 per ’w:nl 98% 82% g:::l;:: E‘]fi:{fic I8 considered to have 5 b Il in & year of % b General Motors (new) arkets. The General Petroleum. .. of 39 a| poy General Refractories. puid uniterruptedly i 2:':?::’3;:.2:?' cers. e 13 Gold Dust SRt Goodrich (B'F) Company \ble prices with pro = Saneh(C ot fop st Somiiuloe sy —— Goodyear Tire & Rubber pt sk Bl Sty 8 Goodyear Tire & Rub prpf.. 1 to emit payments be- e Granby Consolidated = low !’l'!t e of ‘h.l‘ < 5 Great Northern pf G 5 & Great Northern Ore « pound will be a falr 4 + 8 Great Western Sugar. . for several months - 8 G et Interest in Oil Filelds. Gulf, Mobile & Northern.... sid development of ‘the new 50 Guli, Mobile & Nortnern pt oil fields in east central Gulf States Steel. attracting interest through- Hartman Corporation industry. The first well was glrynelsm:e;““;n‘ leted about ronth ago d lome: . That dort Btk about 300) onere: . Household Products. ... .. up. Average pro- ‘ Houston Ofl 4,500 m\.rrr, 7 J;.Tl,-‘ Hudson Manhattan. 17 wells in the flelds, Hudson Man pid. .. rotal productlon - 18 Hudson Motor Car. s 7 : Hupmobile Motor Car. barrels. The trade at- 117% 100% Tliinois Central. ¢ cnificance to this new de- 117% 104 1liinols Central pf. opment in view of the decline In 164 5% Independent Oil & Gas. duction in older field 15% —— Indian Motorcycle. ... 48% 813 2% Inland Steel.... 2214 — Inspiration Copper. 12% — Interboro Rapid Transit. 8 Internat’l Bus Machines.. International Cement. . 2 Internat'l Comb Engine . : 78 5 International Har, new TR T 6% —— Inter Mercantile Marine. Wi he neld In et 261% —— Int Mercantile Marine pf n Tuesday to consider “ T ot Nitkat prospects and arrangements for han- | 18% 10 s P c in 1925 und to give at-| 8% ; t to leg tive _|1r0DDS:l]S af- 7‘“ 64 6 Inter Telephone & Tel .‘ % fecting railroad operations. _24% 1% Intertype Corporation. Tt 10% — InvincibleOil... Dogs have been successfully fitted | 58%) 32% 1008 39% qmmm with false teeth. LR N N e e S | Car. United Alloy Steel. United Cigar Stores. United Drug. ..... United Fruit. ... United Rallway Invest pf. U 8 Cast Iron Pipe & Fdy U S Distributing Corp'n. U S Industrial Alcohol © ‘Vanadium Corporation Va-Car Chemical pt. Virginia Rallway & Power L I o o o T [ e B B B I I S I e S o B A I o P AR E AR E s e A N A RN NN E S S SR et 33 LT T P o - v $ e

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