Evening Star Newspaper, January 11, 1925, Page 32

FINANCIA REALIZING SALES & ~ T~ IDNEY DIGTACTOR High. Low. High. Lew. Last. Yield H" STUEKS HARI] Hih, Bata, Nekaadie nemin e ' 988" 10108 99-SLiberty 33 1Y 1808 laesani 238 . 102-18 98-27 Liberty 1st 4 o] o . k 4 "”" u’““"“ “"*“ -*g:; Low, Mgh low. Rate Rig! Closa, % -5 Liberty 2d 4s 1927-42... 100-24 100-22 100-24 8 77 : . : : K " . i }x:-:: g:-: ey 32-47.. 102« 101-18 10180 3 97 Abitibi_Power & Paper.. xG'I 00-31 100-20 100-28 8 94 -31 98-4 y 100-31 100-20 100-28 3 78% 6 Adams Express. }2,‘ nl 99-8 10110 101-3 101-7 392 102-26 98-8 Liberty 4th 4% 1933-38., 101-31 101-20 101-30 398 981 1062 998 Treasury 4s1047-62... 106e12 10480 105 7 3% Bell Phone Issue Feature in ~—~2—— 19— High Low. High. Lew. FOREIGN. Low. tast ; 108% 1094 100w Argontine e 1927 o 192 Bonds—~Gold Exit Draws 100% 0 B Atam T Ae 1455 o Attention. 103% Belgium 85 1941 834 193 99 ) EERS Early Gains Largely Offset by " (i & Late Selling in Satur- 58% I A:Ilfll‘mlbcl:l. AL . 7 Allied Chemical & Dye pf. Ko day Trading. 3 0% 4 AllisChatmers Mta 90 7 Allis-Chalmers Mg pf. 7% ~— Am Agriculture Chemical. STEEL TONNAGE REPORTED e Amdmmu L 1108 17 Delaware, Lacka & West. .. ol ua ~— Den, Rio Gr. & West pf. YT FEF S PP L M Douglas & Peotin. Du Pont de Nemours. Duquesne Light 15t pf. 18 Eastman Kodak. CALL LOANS 2 PER CENT e % —— Emerson-Brantingham 7% — Emerson-Brantingham pf. 56% 6 Endicott-Johson. .. 105% 7 Endicott-Johnson pt. 20% —— Erie Railroad. ... 28% —— Erie Raliroad 18t pf. 3 . Smihain Ciom 4. 26% —— Erie Rallroad 2d pf. .’ —— American Chicle. . 18 Exchan, , B 3o Associated Press. —r— American Chicle ctfs...e. ,“ S F“rb.::s‘ff* NEW YORK, January 10.—Stock ‘Am Druggist Syndicate. P i TR prices rallied briskly during the first American Express. . 56 159 i P g hour of today's brief session and ‘Am & Foreign Power S7w 8 'F:’m“o“m"_ ot then fell back sharply on a large ‘Am & Forelgn Power pf. . 41 MuuLuhlh‘k&Trmuo{z volume of profit taking, galns and Am & Foreign Powar 25% . 5% Federal Mining & Smelt's fosses being about evenly divided Am & Ferelgn Pow full pd 1% Federal Mining & Smelt pt FeaShdf il Ll M s Adnsricat Hidud Leathpcc, . delity-Phoenix Fire Ins. 1 The chief fin meont of the day w large Increass of 7 nnflled orders of the Bteel Corporation ¥raders had estimated th increase &t betwoen 500,000 and 600,000 tons, ‘Am Locomotive (new) . ‘while the most optimistic forecasts « American Locomotive pf. did not exceed 700,000 tons. The American Metal. . statement was not made until after 6 4 American Meta} pf the market closed, so that cer’ Amer Plano pfi yeaction to the fgure i American Radiator. wn before Mon Unite s 83 ‘Am Rallway Express eel common held relatively steady | = —— Amerlcan Republics around 124, despite the heavy realiz- 7 American Rolling Mill pf. Ing in that issue Bethlehem Steel 8 American Safety Razor. per cent preferred sold at the highest Am Ship & Commerce. price In more than ar. American Smeiting & Ref. 96 Am Smelt & Refining pf. Broad List in Rally. 3 American Snuff. The early rally embraced a wide Ammc‘numxroundn Mst, with brokers reporting a demand ‘American Steel Fdy pf. . for stocks from all sections of the 88 country. The limited floating supply of man ssues resulted in some sharp mdvances of 2 to 4% points, with mearly 50 issues selling at their best % Am Telephone & Cable. prices in & year or longer. The list Am Telephone & Teleg. included such widely diversified fs- 4 82! :mar;n::’nw)--) ®ues as Gene Motors, Famous | —— mer Tob B (new 22 A Players, Scars-Roebuck, Certain-teed ‘Amer Tob pfd. . - g Products, Tobacco Ir s A. Gen- Amer Type Foudries —— Gooarich (BF) Company. Tank, Standard Gas American Type Fdy pf. 92 7 Goodrich (BF) Copf.. y y Phenix In- Amer Water Wks (n).... 6% —— Gooayear Tire & Rubber p, u erican Locomotive. Am Water W & B! par pf. 2 Goolemmied Rabprrer: 1 Chlef interest in the railroad group Am Water W. Elec 1st pf.. N rvuh: ComsaiMiiten d in the demand for some of American Wholesale pf —— Gray & Davis. -priced carriers, Missouri Pa- . American Woolen. . 5 Great Northern mmon and prefe . Western American Woolen pf 4 Great Northern Ore 4 i - e faren e 7 Am Writing Paper pt. 8 Great Western Sugar. ... few others t ng T highs on o American Zinc Lead & 8 7 Great Weetern Sugar pf. the movement. Denver and Rio 4 American Zinc L & S pf. —— Greene Cananea Copper . Grande Western preferred added 3 28% 76c Anaconda Copper Guantanamo Sugar points to its recent gain by touching Gulf, Moblle & Northes 57, a new high, and about 15 points Gulf, Mobile & Northern pt wbove the price a week ago. Profit taking, ho ver, forced moderate re- cessions Rock Island, Chicago Great Western preferred, Chesapeake @nd Ohio and several other issues 8 wn signs of strength alings. Low-Priced Rails Active—Kresge 8 Crosses 500—American Can 1 i g Among Weak Spots. B e e New Offerings Heavy — Second- Grade Securities Come Into 87 85 Czechoslovakia 86 1951 i 98% Denmark 65 1942....... Active Demand. 107 Denmark 8 1945. 92% Dutch East Indies 65 1347. 1. - - : 92% Dutch East Indies 65 1962. IE GRS ¥ SN 84 Framerican Ind Dev 7%s 1943 94 Special Dispateh to The Star. §9% French Govt 7%8 1941, NEW YORK. January 10—The ru 92% French Govt 85 1046. . ... . : ing Influence in the investment mar 78 Holland-Americanst 84 ket this week has again been mone: 76% Japanese 4a 1931. 8 conditions. These probably had 881 Japanese 635 195 good deal to do with the active Jergons Utd Marg: . ulation for the rise in stock Lyons 65 1934 6! can be no doubt that they we; all-important factor Eoverning vestment segurities After a brief period during whict Parts-Lyons-Med 68 18 80 rates hardened with the end-of-the Quecnsland 6s 1947.. year demand, money again dropped back to the lovels of a couple months ago. Call funds on the stoc Sao Paulo, State of, §5 1336. ... exchange, which had touched a higi Selne, Dept of, 7s. of 5% per cent around the first of the Berbs Crotes Slovenes 83136 year, fell back to the midsummer low i Sweden 65 1989 - | of 2'per cent, while 60-day accommo Swiss Confed s > ditions were quoted & quarter ot 106% United Kingdom 5%s 1939 per cent lower. So 98% United Kingdom 5%s 1937 in rates is en INDUSTRIAL AND MISCELLANEOUS, season. The 82 Amer Agri Chemlical 738 1941.... 92 Amer Smelt & Ref 1st 58 1947. 9 greater demands upon the banks for 98% Amer Sugar Refining 6s 1937. commercial purposes, but, however 92% Amer Tel & Tel cl tr 45 1939 % that may bs, the immediate result 97% Amer Tel & Tel cl tr bs 1946. was to advance security quotation Anaconda Copper 8s1963. 00% 99% all along the line. ‘Anaconda Copper cv deb 78 '38. Armour & Co 4%8 1939 86% Com Teas Stesien Atlantic Refining deb 5s 1937, 8% 98K A good deal has been made out of Bell Tel (Pa) ref bs the fact that gold has begun to flow Bethlehem Steel p m out of the country and the advance in Bothlehem Steel s £ 6 94 W 98% sterling exchange to a new high Central Leather 58 19 since the war, approaching parity. Chile Copper 65 1933. . has been pointed to as indicating Cons Coal (Md) 1s ref 681 that this gold export movement is Cuba Cane Sug cv deb 99% 1 994 1 likely to increase. Inasmuch as tk Detroit Edison ref 65 1840 ease in money over the past v Du Pont de Nem 7%s 193 been due largely to the Empire Fuel & Gas 7%8 1937, excess of gold imports, it is plaus General Electric deb 5s 1953 ble to argue that a turn in the tid Goodrich (B ¥) 6% 1947 00% would mean higher rates and so Goodyear Tire 85 1931. fundamentally change the entire sit Goodyear Tire 85 1341. . uation. It will not do, however, to Humble Ol & Ref b%s 1832, 00 expect any sudden readjustment. Indiana Steel bs 1852. . In the first place, the country's Inter Mer Marine 68 1341 89 8t excess of gold is still very large. Ir Inter Paper bs B 1947. 88% the second place, the policy of the 5 97 Reserve Banks in pushin Lackawanna Steel %0 gold certificates into circulation Liggett & Myers 5s 1 resulted in an artificial holding down Manati Sugar s f 7%s 19 of the reserve ratio. How impor- Midvale Steel 58 1336 tant a factor this is may be judged from the fact that gold certificates in circulation increased from $214 9 g&;’.ooo on October 1, 1922, to $898 New York Tel 65 1941. T o Odtaber 1, 126 ‘an incrense North American Edison 68 1 TSRl et Acater s Pacific Gas & Elec bs 1943 in' by {6 Treasury Dapurtment of Pactfic Tel & Tel b5 1952 asury Department at any time and theoretically every dol Philadelphia Co ref 6s 1944, 1 Dibieertad Public Service 58 1959. ed by a gold certificate I ICOnTataT.. 20 called in would furnish the legal Binciair Crude ON Eigs 1928 - o baste for 3250 in federal reserve South Porto Rico Sugar 78 1841, s large expansion in Union Bag & Paper 65 D. 9 ation s, of course, improbable in the extreme, except under the mos extraordinary circumstances, but it U S Steel s £ 55 1963 serves to emphasize the possibilities Utah Power & Ligh of the situation. Va-Carolina Chem 8 Va-Carolina Chem 7%s ‘37 war. . Bell Issues Bond Feature. Westorn Union Tel 6558 1936, Turning to the hond market itselr Wilson & Co 15t 68 1941. 93 | the most significant event of the ‘Wilson & Co cv 7%8 1931, week, as testifying to the abundance of investment capital, the prompt RAILROAD. e of the new American Telephone Atchison gen §51995... . and Telegraph 5 per cent debentures Excepting only United States Gove International Har, new. ment operations, this was the larges Inter Harv pf (new) single issue since the Japa Inter Mercantile Marl: 2 " = B84 " of & vear ago. Recent cxperien Int Mercantile Marine pf teaches wariness in accepting too International Nicke readily deductions from these over International Nickel pf. subscriptions of new offerings, International Paper. . There have been too many cases Inter Paper pf stamped Wwhere the enthusiasm for a new bond Int Rys of Cent Am. Canadian Pacific deb ds. % issue has evaporated after a month Int Rys of Cent Am pf. Carolina Clinch & Ohlo 55 193 B i 'ep ofitsading. Not woth oo seos Internationai Shoe. . Central Pacific 48 1949, . 5 §8 | has been permanently placed with 1 International Shoe pf Chesapcake & Ohio cv 4%8 1930, Sautor s okn {ts ivoal sicecss ha b Inter Telephone & Tels Chesapeake & Ohio gn 4145 1993, uccess bo es- 88 | tablished, but the eagerness with Intertype Corporation. Chesapeake & Ohlo cv 58 1946... 1 SRR (s s Invincibie Oil. . Chicago & Alton 3% s 1950.. B30 e et L ephone bonds on a Towa Central. 96% Chi B & Quimcy 1st ref 58 1971.... sl asis were taken was 69% Chi & Eastern 111 gen 55 1951, ry impressive. In listed issues 80" Chi Great Western 4s 1959 o Liberties have been quick to respond 52 ChiM & St Paul cv 4345 1932 to lower money and even some of the 77% Chi M & St Paul gen 433 1989 savings bank rallroad mortgages have 7 Jones & Laugh hi 2 & St Paul ref 4% 2014. b been fractionally higher. 3 Jordan Motors....... 52 ChiM & St Paul ov 58 9 L rhiieA R ity et b 06 Chi & Nortnwestern s4s 163 n"""" Grade Liens Active. 4 Kansas City Southern pf. 89 Chicago Railways 65 19 e most encouraging thing about s 1+11 '4‘|*+04|‘l¢|'|.4|4 Fri® FFCEReTsRRasPras"2E THI+++ 11T ++4 1444144141 - + lls "R gEs b3 FlE L+ ] FRees = + + 5 @ 32 —— Fisk Rubber 18t pf. 14 Flelshmann Company 6 Founaation Company 1 Franklin Simon pf. ——— Freeport-Texas. ... —— Gardner Motor. 8 General American Tank. 7 General Am Tank pf. —— General Asphalt. General Asphalt pf. General Baking. Gen Baking p! Generai Clgar Geuneral Cigar pf General Cigar 7% de General Electric. e General Electric special. General Motors (new) ... 4+ 44+ 144 » » see ¥EEss™F A4+ i1 I+++ 01401101 R I FEEEER Seoaamano Gen Motors (1) pf. General Petroleum. BRasoo 1% Ginter Company N N R L A +444 1+ |"‘|00#§1s se CR FasFaE " R 8RN " Rex —— £ Hanna (M. A.) 18t pf. Hartman Corporation. Hayes Wheel. ... Hayes Wheel pf. Hoe Company . ‘Homestake Minin Household Products. Houston Of) Hudson Manhattan. Hudson Man ptd Hudson Motor Car. Hupmobile Motor Hydraulic Steel Hydraulic Steel pi Iilinois Central. Tllinols Central pt. . Independent Olt & Gas. Indian Motoreycl Indian Refining. . Indian Refining pf Ingersoli-Rand Iniand Bteel. ... .. Inland Steel pf. Luspiration Copper. & FELrES Armour & Co 7% pf. .. Arnold Constable & Co. Art Metal Construction. Asso Dry Goods. . . . Assoclated Dry Goods 1st. Assoclated Dry Goods2nd. Outstanding Strong Spots. Associated Oll (new) . . Atchison, Topeka & S Fe.... Atchison Topeka & S Fe pt ey Sleguaann ¥ - ¥ Some of the outstanding strong pPots wers American Brake Shoe, American Radia merican Repub- Atlanta, Birmingham & At.. “entu Atlantic Coast Line. e 28 Atlantic Gulf & West Ind.. Phillips-Jones, Atlantic Gulf & W I pf “Petrole st < Atlantic Reflning. . . Simms _ Petroleum, Stewart-Warner 2 Y and Worthington Pump, all up 2 (e IRion . Atlas Powder points ore. 8. S. Kresge crossed Atlas Powder pf e first time ry tendenoies waere noted Atlas Tack. . . n C r - Austin Nichols. an, American Car and Nichol Central Railroad of New Austin Nichols pf al Electrle, Pacifl A ‘Auto Knitter Hoslery. recond preferred, Petroleum, Baldwin Locomotive. < nited Railway Baldwin Locomotive pf. ed and Wilson Baltimore & Ohlo. losses ranging from 2 Baltimore & Ohto pf. b P Bangor & Arocatock.. § % 1 Banger Aroonstook p! A e 3 Barnet Leather. Most of the " Barnsaall, Class A Tator wore taaos Y Barnsdall, Class B i ’ Bayux Bros. ... Bayuk Bros 18t pr. Wall Street Features. 4% Besohnut Packing NEW YORK, J. ry 10.—A strik- Bethlehem Steel Ing - illustration the absorptive 97 Bethlehem Steel ! power of the stock market was sup- Bethlehem Steel, 3% pf. Pplled today by a brok who reported 0 Booth Fisheries. that he had just completed the 2 Booth Fisheries 1st p: liquidation of 90,000 shares of a single I 6 British Empire Steel. stock for a large client, but that the British Empire Steel 1st pf. . market price was now higher than %l 5 British Empire Steel 2nd pf. when he started to dispose of his Brooklyn Edison Electric. 1 Brooklyn-Man Transit. R A AR L AN L] EREE RS Ressfes"Fefss FEF sl e S RO T a1 B B O R R e e - Intern Agriculture. internati bus Mach Internationai Cement Internat’l Comb Engin. +He+ 04010 sFsesFevs [RENN] tionary. TEEE DL a few weeks ago. Several large blocks of Kennecott Copper stock changed hands in to- day’s tradi 900 shares selling at 1,100 shares soon [[gooeml o] | |soae [[+g=]|[=o=] [==]| - & Buffalo, Roch & Pitts. Buffalo & Susquehanna. Burns Brothers. Burns Brothers Class B. 4 —— Jones Bros Tea T4+ 1+ 1+ 144+ 4441+ aying only ch interest tached to the next dividend meeting the last week in February. Freshman Directors to Meet. % Bush Terminal Bldgs Charles Freshman, president of the Butte Copper & Zine. ¥reshman Radio C stated rod:\y Butte & Superior. . that a directors’ m Wwo be Butterick Company . ealled in the next days to con- der dividends, as the company was ng. in a position to inaugurate substan- Californt Pflml!fllfl (new) tial payments to stockholders: arn- | 1 California Petroleum pt. at the annual rate of $13 a % Callahan Zinc & Lead. . he said, and company has Calumet & Arizona. .. no bonded debt or bank loans Calumet & Hecla. T annual re » Missouri is ¢ ted in the Lo of dhe fucut Central Leather Co. which has Central Leather Co pf. been attributed re suving of both | gz Central Railroad of N J.. proterred ; S8 o tury Ribbon Milis. estimates plac ) ings on “ent Ribbon Mills pf. the common oc as high as $11 a Cerro de Pasco Copper. anExe Certain-Teed Products. ... Central Orders Engines. Certainteed 24 pf Steel sheet b S + Chandler Motor. e v o Chesapeake & Ohlo. vance of §1 ; T ’ Chesapeake & Ohlo Df.. The New Yor ntra ordered Chicago & Alton. . meven 100-ton it Chicago & Alton pf... 3 e % Chicago & Eaat lilinols. ol S T s G ocEL e 2 Chi & Fastern Illinots pt. .. frs e Chicago & Great Western Chicago & Great Weste:n Bf. == | 26% Chi, Milwaukee & 8t Paui. .. BOND PRICES HIGHER Chi, Milwaukee & 8t P pf. .. e Chicago & Northwestern. — Chicago & Northwest pf $30,000.000 Edison Note Issue i A e nickl 4 Chi, R1 & Pacific 6%. 4 g Selcl Chicago R I & Pacific 7%.. NEW YORK. Janu 10.—Cumu- . Chicago. St Paul Min &0. T days of eas- rowing reinvest vidend | € ay lifted | 81% Chino Copper. price the w highest Cley., Cin., Ch d to twice the Cluett-Peabody . rday sales. 4 Dealings in bonds _wera R stimulated by the agitation at Wash- ‘olorado So ington to reduce interest rates on A Colorade Southern 1s¢ pf. Government Ans @ the carriers. —— g:ll:mllzms?.t.h(e;n'z)d prd.. Stnce substantial sweings will result e to those roads whicg are heavily in- Columbla Gas & Hiec pf debted to the Government if the rates 5% 39% Columbia Carbon. are scaled down, this factor was not C.n-omwlnvut‘rrr:llt. overlooked as a speculative possi- Comm Invest Trust p: Dbility in the case of St. Paul, New 5 Commercial Mlven:: Haven and other issues. High grade (gornrnelmm -«"."" . Jiens, such as New York Central Cc Congoleum-Nairn. solidated 4s, Louisville & Nashville Conley Tin Fofl. . 4s, and Baltimore & Ohio 48, were in Consolidated Cigar. wo0d demand, advancing a point or Consolidated Cigar p! Swe Pefsfersd ChiR I & Pacific i 8¢ the market has been the greater at- z:flfé'pfi:}‘n“:fla%?.‘, Chi Unlon Station 435 19 tention paid to the good, middle and Kelly Springfd Tire 1et pt. Chi Union Station 635 196! second grade sccurities. For a long —— Kelly-springeld Tire pr. 71% Chi & Western Ind con 4s1 time now these have been entirely 6 Kelsey Wheel... 1004 CCC & St Liref 68 A 1823 ‘ neglected. On the one hand they are 8 Kennecott Copper. Cleveland Term 5% 1972 not coneervative enough for the i —— Keystone Tire & Rubber. 80% Colorado & Southern 4%s 1! 908 vestor who demands only gilt-edge 81% Cuba R R 65 135 securities, and on the other hand 974 Delaware & Hudson S%s 13370, they have no speculative appeal in 6% Den & Rio Grande con 45 1986. ... Tinskatiiiice the iresent ;’”f S 344 Den & Rio Grande 1st ref 58 1955 ; , because the Detroit United 4%8 1933 chances of price appreciation are l{m 84% ited. This applies to both bonds and Sin e :‘.',f.fin‘:.l": preferred stocks selling on a 6 to 7 ko per cent basis, the lower return on i Brio ov 48 D 1983, the bonds and the higher on pre- 102% Grand Trunk s £ deb 6s 1986 terred stocks. 110% Grand Trunk 781940. . Changes In the money market are % Great Northern gen 5345 1958 mot reflected in quotations for this Great Northern gen 78 1931 grade of investments, and up to very % Hudson & Manhattan ref 58 1957. recently the improving outlook for 8 Lorill Hudson & Manhattan adj % 68 trade and the rising stock marke 3 h’;rllll -:dfl- 5- R Tilinois Central 8145 1934.. . 10: have had no substantial effect on thls i D Inter Rapid Transit 65 1966 5 particular group. Speculators have . ufi:’v‘lfi . NEaGmer % Inter Rapid Transit cv 7s 19. been absorbed in following the up- e !¢N Inter & Great Nor adj 2 |turn in comuon stocks and in bid- By . Kan C Ft Scott & M ¢ ding up adjustment and income bonds. 180 MoCrory Stores B.. Kansas City Southern 3s 1950 And yot if the advance in all thexs c Maclntyre Porcupine Mines.. 16% 3 Kansas City Southern 58 1950, highly speculative obligations *'fs b o e 88 justified, the Investment status of Toute & Nash unified ia’ these middle-grade bonds and of these E Dico By & Lt suteet reasonably good preferred - stocks MEtP & SSM6%s 193 must have been raised Mo Kan & Tex 1st 4s 1 This week recognition of these Mo Kan & Tex adj 5s 1967 % discrepancles scems to have awak- Mo Kan & Tex prin 55 A 1962 ened. So far the movement has not Missouri Paclfic gen 4s 1975 gone very far, but a beginniug has Missouri Pacific 65 194 9 been made. In the judgment of some New York Cent deb 45 1934. o authorities, no better investment op- . New York Cent ref im; " portunity exists just now in any 4 Manhattan Elec 8t New York Central deb 4 9% | market than presents itself in this —— Manhattan Elevated. ] New Haven deb 48 135 class. 8% Manhattan Eievated NYNH&H cvdeb 4 he foregoing observations appls 8 Manhattan Shirt. more to the utllities an to the rail Manila Electric % s % ok 86 Norfolk & We . 88% roads. There are a good many rail Maracaibo Oil. 98U Norfolk & Western ov 6s 1929. .. road bonds which have failed to r % flect improved earnings positions, b - @ L1+t 00101 Iu uhlxh Valley ett & Myer: a Llnreu & Myers (B). 7 Liggett & Myers pf 4 Lima Locomotive. 2 Loew's, Incorporated —— Loft, Incorporated. —— Loose-Wiles Biscuit e FeesFE ResP s sur V4HE4 | PhEE 4 + 1+ 7 Mack Trucks Istpf..... 7 Mack Truck 2d pf. === Macy (R H) & Co. 5 Manat| Sugar 7 Manati Sugar & NN L AN IR~ ® [} 84y they are few In number compared 101% Northern Pacific ref imp 6 2047.. 85 with the utllity preferred stocks 924 Ore Short Line ref 4s 1929 90% which are still available to give high 79% Ore-Wash 1stref 4s 1961. returns. Rallroads have a long way 90% ;ennsy}vln:l gen 435 1965. to go before they catch up with the 99 ennsylvania gen 6s 1: utilitles in the matter of enlisting 107% Pennsylvania 6348 1936. blic Interest in their seeurities 21 Peoria & Eastern inc 45 1990 e (Copyright, 1923.) : 81w Pere xardqu%zvza 1st 68 1950 % = 60 Rio Grande Western clt 4s 1! T BTATK AL 435 ”:J RUSH OF NEW ISSUES. 72 StLIM&SR&G4s1 [ i ) & ‘Week’s Bond Offerings Reach Tota! of $260,000,000. By the Associated Press. P 3 NEW YORK, January 10.—A sha:; tivity, eatablishinis & s 5:::::;::::‘;&-‘;&335:‘:' reaction In stock prices, ‘t'ol‘liuwcd by A : 2 Can i o} ed 4 num- EOR-RiEh at I and closing ‘Bf & N s —— Mo Kan & Texas new. . 8 68 Seaboard Alr Line con €8 1845.... R s & Ineir Muhest dovels 2-point advance, or a net gain of H Continantal MotOrS .o o% 5 Mo Kan & Texas pf new. - 92% Southern Pacific cv 4s 1939 p In years: establishment of the hig! almost 12 points for the week. Fisk, , Prod ani: % 39% 139% —— Missour: Pacifie. 81% Southern Pacific col 4s 1949 e ofor itaiTing eYching bonds strengthened on reports of in- b Cosden Company . . % 2TH 8% O e v f e e YT I . above $4.79; casier money rates, with ereased business resulting from the c outhern Ry 1st 5s ? P automobile show. S (b S ot 101% Southern Ry dev 6%s 155 ;;;1.1 ll‘;‘v:‘:.t‘e::i:::‘ :?;:im:: 3 per cent, aiERUAsEdas held SRICy A Cuban-American Sugar. Lode Gonl bond offerings @bove $260,000,000 spite the enormous volume of new . Euban American Sugar ot B4 6" 750 Mather Lode Cos ition $5% Union Pacifc cv CAT R R 18 F Rl O] financial markets. 1] floated this week and the .. Pt ihat Saturday ls considered & 8 Mullens Body pfd. 96% Wabash 1st 55 1989, poor day to dispose of a new bond 5 : "4 — Cuban-Dominican Sugar, 6 z et g 6% 58 Western Marylanad 4 3 63 .3 o4 1 the $30,000,000 notes of the Edi-| ggi 30 82 88 —— Cuba-Dominican Sugarpf. 44k X . % 79% Western Pacific 6s I 0% Ton “Blectric’ Iiluminating Company 56% 3 Cusbmans Son8 (8)eeesss 72 « 19 5% 8% West Shore 1st 4a 23 Other Financial News, Page 31 were quickly sbsorbed. B I B B B A N NN R N R AR SRRt i ® —— Minneapolis & St L new. rx Bers¥ls Fres se I+i++++1 1+ + « 6128 led the public 8 Consolidated Textile. I+ - s ] & P4+ ++4 N