Evening Star Newspaper, November 20, 1925, Page 28

RAY * FINANCIAL. THE EVENING STAR, WASHINGTON, RIDAY. NOVEMBER 20, 1925. FINANCIAL. STOCKS SELL OFF [New ¥oR sTock excrana: | INTEREST CENTERS l:N v e EGHNING o] fi%fl” ??flf"‘if‘éi‘{d |UNIUN TRUST C0. Received by Private Wire Direct to The Star Office Received by Private Wire Direct to The Star Office. ¥ | i :g...l.{. Exp (8). 1045 105' 31y Freeport-Texas. 198 2 19% Sales. High. Low Close g:‘r;]ll‘;hs‘l;i‘ns: bs. IS::: By the Associated Press. | Adv Rumley. 7 17 et s Lib3%s... 67 9520 9915 Y .. 2 i : = oo 20.— { Ahumaaa ¢ g riel A (2%). 89 89% 394 57 101 21 | 80 Por Ri s 6 : SW YORK, November 20 umada (t1) 9 Gardner Motor. . - Lib 1st4%s 19 10127 10123 'or Rico Sug 7s. 10 6 Steel Common and Hudson Al Peductndts; 1y 113" 1iin 1 *[GenAm Tnk (3 Giv 53 5ok Brisk B.ddmg for Issue as| Lib2d4%e. 342 10024 10020 IR T | The $100,000000 Ttalian loan of- | Bani |ssye in Good Demand ax Rubber. ... Gen ATC pf . s Lib3d 4%s 100 31 100 26 ! fered through a Nation-wide bank 2 Al'led Chem (4). 1107 1on | PE (7). 103% 108% 103% | 2 Lib 4th 4%s 105 102 10129 10129 |Tenn Elec Pow 6. . 24 | ing syndicate headed by J. P. Mor- 2 5 Among Shares F,eely Al Gt 1 151" | Gen Asphait. 67% US4s1944. 5 10230 10229 16229 | Toledo Edn 1at 7a. . 4 ran & Co. was sold before noon to- at 225—Gain of 55 Poipts Gen Asph pf (5). ! & : Chalm (8). 39 | San Clare : 9 “9):-" %9 | | US4%s’s3 1 10620 10620 1020 VE::::!dB’;:&:’ Ko | day, with an indicated oversub- ™M Agricul Ch 5% 5% 5 1 rug 6s.... ) t! . H i Sold at Close. [ A e 2 Gen Blectrie (1) 514 21; New York Exchange. | FomziG | USRubiatrr e | “ARhovgh the Morgan firm mere- Scored in Year. Am Beet St G Mators (415 T | ubber 7% 3 £ 1y announced the closing of the | A ien Motors(t12) : : - Argen 65 Ju'69.... 61 86% 95ia 95%|ygsg : - Rosch. Gey Sl { . o | Steel s £ &, 4 | subscription books, other large Am Prk Shoeis) 139 15 . e S TR BY GEORGE T. HUGHI Argen 83 Oct '69. e Ll 6 95 5 | banks assoclated in the offering BY CHAS. P. SHAEFFER i Am B Shoe pfi7) n Petm (3). . i fianea. B i said that orders for the bonds wers VA ¢ i Am Br Bover! R s, 9 Special Dispatch to The Star Argentine 6s B. 6% 964 | Vertientes Sug 7s.. unusually heavy and estimated Relatively heavy trading in stock of S i “S.Am Drown Eopt 96 o T 5 ! NEW YORK. November 5 :"Ef;’a‘l""l’“"“ Jope 102 Warner Sug 75°23. 7%, % 7870 that total subscriptions would run | the Uni o was the foat e Am Can (+7) ... 2 Gimbel Br pf(7) two important developments in honds | Austria 7s. . 100% 100 et e to $400,000,000. b Yt hmee ; ne " Am Carg R o | ] 0 cet Ginter (1%) today were the large oversubscrip-| Bank of Chile §345. 96 96% w s o v : e 26 | v Opening at Am Chain A (2). 3 " 21| Gola Bt - tion of the new $100,000,000 Italian 100 98 . | Wentinghouse % o | FRESH ADVANCES steadily to 225 | Am Chtcte. ... ... 51! 3 ; 66 svernment loans and the publica-| sei | Willys-Ov 6% s°33. 2 2 shares, the day =3 ¥ & N E 4 934 Wilson & Co 1st &s g Am Chiclectfs 29 9 1 2 Z s " o ¢ 9 advance o | Am Drug. S 0,,| lon of the details of the odified ; 951 Wilson&Co. cv 1155 5 7 IN WHEAT MARKET bl Am Express (6). 17 3 aTw 13 GrabbyCansor - 5 St Paul n‘m’gzu;lv)‘l_r; ]»1unl. :3?1; 21 | YOUREStn S& T éa. 2! merely equalizes iis mar A & For Vow ¥ a1 Noot s { The Italian 75 weré brought out at . . i value, and furnishes &FP 5% 7). 130 130 130 130 | ot aerone s ; 1., as predicted in this column 108 A RAILROAD. : e || (s tnengcar gHbH Am & F P pf (1) ' 59 Grt Watn Su (8) § Thursday, to give a yield of over 1 9814 :llznncCLcl 4s.. 1 88y y Indlcatmns of Larger Buying in|educated that A Hide & Lea.. 12% 2% | Gt West S pf(7). 11 5 1 per cent’ to average maturity and 843 nn Arbor 4s. 5T 5 2 2 stock cannot be - " hel am Hide & L pt. Gieen Canmu.... e ! promptly sold at a premium when 88 Atchison gen E Europe Sustain Trading long-term invest dividend i Am Ice (8). . 2 Giasitatamo.. .. ing in them was begun on the - 1105 > Atlantic C L 7 7 4 i : s tional Bank also pu Am Internatl. Gulf Mo & Nor.. 8 3 3 Exchange. ez ¥ in Chicago. | trend, advancing t cco Products { Am La Fran (1). Gu M& N pf (8). 4 In the outsfde market dealers vere | Canada 5s 1928 100% 5 3 2 93 | shares. Sai Soub “or | Am Linseed. Gulf States S (5) " also Dbldding a premium over the|Canada bs 195! BEEOSHC 190 . 2 T The remainder of the ; Am Linsd pf (7). 6% “ = vholesale price in an effort to meet | Canada 53s 1929 1025 B&O1stbsct..... 4 By the Associated Prese. | quiet. R preferred | Am Loco (t18).. 12 3 Hanna 1st pf.... 62 2 2 | their estimated requirements. Chile 7« 1943 10134 100 14| B2 O 6. y CHICAGO, November 20 th afing ex divide Ami Metal (4)... 6 o | Hartman (3%). Allotments, however, will not be | Chile 8s 192 103 3 | B&OTrfimp E big trade in progress k 3 hands at frac | Am Radtator (41 Ty, | Haves Whi 1345 | known until early next week and few | Chile 85 194 108% B & O PLEWV 4| scored an early fresh advanc < the common was Am Safety R (3) Hays W pt(733). 5 | brokers were willing to sell. Chile 8a 194 10915 108 ' | B&O Sw Div 68 cfe, 9 | heavy selling to realize profit Am Ship&Com.. 6 % 6% |Hoe&CoA (4).. stimates of the amount of the | Chinese Gov Ry 8. 495 49 B & O Toledo 4s. cations of large European buying over A n&Ref (7). 12 Household P (3) . joversubscriptions varied widely. They | Christiania | Bklyn Manhat €s.. ¢ % | night, together with continued unfa- | Am St1Faya (3) e g ranged all the way from two to three | Con Pow J.nfl-‘r;.‘:!- ! - e g vorable crop reports from Argentina, ned | Am Sugar (5). 5 52 E aundicsy. 6 { times the amount offered to a predic ‘openhagen 5%8 e 9 Srebel aa s 98% 9 ‘2] gave impetus to the upward trend of | fractionally abo con- | Am Sugar pt (7) 103 E 3 | Howe Sound rts. tion that total applications would be { Cuba5%s. . . Can Nat 414 G4. 94 % 924 | the market. According to one au - Bonds were ne; non | Am Sumatra. . Hudson Mn (2% b 4 for $400,000.000 in bonds, ugainst the | Czecho 88 1951..... _ | Canad North 6%4a.. 1 the Argentine wheat yield between i B King into | AM Tel&Tel (9). }{"“‘"’ Mot (8). 100 10 $100,000,000 offered | Czecho 8s 1952 ct . 0% | Canad North 7a.... [ 5 4 Mortercs and La Francia can Exchange Listing Sought has just | A™ Tobaceo(19) 5 upp Mot (1)... 2 " "The new loan will be the only Ital-| Denmark & 8 103 3 'gfl:’:fi‘“::;z'g . | seced fiv shels an acre under | Application wii be m . Sewrir m Tobac B(19). g [linots Cen (7). iun dollar issue outstanding in the | DET 6%s Mch ‘63, Ll s . the most able umstances, and | stock of the Fede w high ) e S 9 | Mliinole Cent rts % | American market. The offering price | DR 51%4s Nov 53 2 2 conto Gags...... 3 b many fields have been abandoned. The | the Waskington le % [ ¢ { 111 Cent pt (6) 1s only 21; bove that at which g 3 ent Pac 1st 68 '90. 97% opening, unchanged to 13 higher, | was a need thi; nd Western | A x:‘v_vn;enr.,” [ jnaep Ol ). 2 h 4 rought out a | Du 3 104 + 103% S::::g:; :z . new sty mber 1.60 to 1.60% and | This comp: tnd Mexico. | Am Waol pf (7). 90 907 €07 | Ina Motrey (5 g . Since that time the German 3 9 2 Z 1.57, was followed by |ing been in LS ¢ . cuse of the | Am Zino. | IndianMotpf(7). 95 E ve advanced 10 points. Framerican 7%s. .- 9 9 13 12 s all around, December touching | with Ed e eAT A & dividena “.n‘*m 2no pf 267 3 Indtan Refining. 'he attractive feature of the new | prench 7a. 9 Chi& Alton 34a... 3 49 03, . Robert 1 : order to recom. | ADAconda (3). 5 ‘4 | Indtan Refg ctfs. ¢ a, Italian bonds, besides the compara-| French 7%8 s Chi& Alt 3% s ctts. i : g ne weather made the corn market | general min: cific for its in ,Ann Arbor pf. . 5475 6 Ingersoll Rd (n). 96 vely high yield, is the sinking fund | Freach 8: ChiB& Qgn 4s'68. Y 4 2 pared with wheat. Aft E ’ ey 4 Inland St (2%). 43 s 43 on - whereby annually, begin-|German e Chi& E T gn b % 74 opening at 1 decline to an equal|Marsh is v & 0. Shares Very Strong. } A () Inspiration (2).. 26 ning December 1, ; s for the | German 7s rf{h‘l’uuu: West 4 gain, December 753 to 75%, corn un- | while Homer & 0.8 3 @By.. Internat Agri. 2 par value of §1,5 are to be|Ger Agr Bank 7s... 9 M & Puget 84 ¢ derwent a slight general sag. ‘retary-tre: more and ¢ vas v troug. | Arn Cons&Co Inter Asri prior. 5 5 ldrawn by lot, for redemption at 100. | Ger Gen Elec 78, M &SGbisiay Onts sympathized with wheat “omprises i je statement by e 1 Arrold Con ctfs. Int Bus Mac (8). 5 This is a more liberal arrangement | Haiti 6. . ... 2 CM&SUP e 25 ofa, 5 Ing at '3 to %up, December 3954, 3 hat the net me vear Asso Dry G(2g) 3 3 int Cement (4).. N | than had been expected Holland Amer 68 G M & f' Pabas later holding near to the initial r e around @ (Asso O (2). 3 %o 39% 4 In Cement p£(7). 10 5 | FREeEs 635" CM&SP deb 45 34 ef | Provisions were firm, reflecting e W06 N : i seem e 1-| Atchieon (T) > 3 Int Com Kng (2) - ~ — 2 "_“D_Eu'cvc 5 5 stent falling off in the volume encouraging 1 o -r | Atchison pt (6). 9 Internat Har (5) 12 25 3 Japanene de < 1583 T 5 oz arrivals in Chicago. | AtIBirm & At Inter Har pf (7). % 1 5 % apanes w|C g . by | Atl Coast L (18 9 1o Mor Martae. . i gs| Brod @ "\’,5‘“9;" ;3.- 16 Lyons 68 Shy CM&StPreay 586 | Decernber . 18 k. {AUGuUIt& WI.. Int Mer Mar pt.. DUl ROEAGLEG: otie ot st Marsellle 65 s 255 |CM&StPevea % |Btay ern, which was ! Atl Gulf & WI pt Int Nickel (3)... 7% 7% | pullman Co (8). 139% 160% Mexico 4 .:;"::d‘ CM&SP ey s 14 ety 5 Uonx on Thursday, was noticeably | Atlantic Refing. Int Paper. . - Pure O1l (1%) 2T 273% - :u:ig;“. 4 1, |CM&StPeéa. Decvmber The buying was con- | Atlas Powdr (4). 7 | Inter Paper rts.. 6 e ex s Chi& N W ref 63 " 4 ot raffie fig. | Atlan Tack...... 16 % 16% 16% | Int Paper pf (6). 5 5 | Radlo Corpof A. 6% Netherlands 68 ‘64. 1¢ « 1034 5|Chi&NWeys. .. ved stly lower | Austin-Nichola.. 3 g Intl Paper pt (1) Ry Stl Bpg (8).. 173 175 e Nord 6348 s 81K 8 e e n i net of $55 . against | Baldwin L (7 Inter Salt (6)... 6 5 6 5 | Ry StSppf (7). 2045 12 Norway 5%: - 1 Chi Rys 58 3 R' DiLa o0 & ¥ . i Ray Cons Cop. P % 13 Norway 6s 1943 2 ChiRT& last 3 alto & Ohfo(5). 9 3 Jewer Tea. ‘ ks . & [ i R : b o ! 4 % 185 Reading (4) 5 % | Norway 63 1944.... JchnTHESES were new high ords inj Bal& Oh ptf (4). ordan Mot (3). ks Reading 18t (2). Norway 6s 19562.... ChiUn Sta 4 e ol e e E:n;::: :,'f" ! ican City Soutn. s 42 Reading rt 3% CHiuaa s e N 0 i Snubbers, a ZO0L, S Sl 4 i E 6 E Reld Iem Cm(3). - Chl Un Sta 638, b e e npany has uth Dome Min Barnet Leather. p: ‘ 5 543 Clal 117 f ¢ which A, s St | e L S Rl I 5 e ayeans By li| NEW RATE PLEASING. ' 00, o Wilen new ore hodies have recently | BarnsdallA(50c) 2 2 56la 66'a 661 | Robt Rels & Co. . Peru 8 6 0o« | ccc 2 ) T ste n an an hasis of 8 b isneounte: s pon | ATERRIRUIE L0012 Kelsey Whi (6). 5 | Remington Type 3 1034 | Poland 6840 . 9 ereids ; Loow| New York Expects Money to Re- : \ been e dn Dbt iin: B LA . | Kennecott ( . 5 o7 eplogie Steel. . Poland 8s..... i C&S ist 482! | Belding Broa(3) : Keyatone T & K. > | RepIra& 8t : e o) 31 931 93 ‘;(—.{‘ms&‘"s‘n:.flz*’. - 984 | turn to Outside Banks | Beth St pt (1) .. 0 Kresge S S (8) F s . Queensl 2 Cuba R R 8. .2 88 : SEW YORK. November 20 (#)— ob B (3).. Rio de Jan 85194 |Cuba RR734a. 000 18 v Although still confused by the p | Rooth Fisherles. 6 S Lee Tre & Rub 0 Stock veale | Booth Fish 1et.. & b Lehigh Val (3%) LT s Rio de Jan 85 1947, |cuvaNRes6s. . k > pects of a change in the New York . Del & Hd ist € 4s. : g0u, | Federal Reserve rediscount rate fol © of America stock | BUEESMER(114) 29% 0% 20% 80% |Lehn& Finkctfs 39 ~ 39% 38 : BTN % [ Rlo & Do a1 85 “selling at new | British Emp 2a.. Liggett & M (14) A St Josepn L(13). 5 | Stof8 Paulo re | Del Hud cv 58°35, . lowing advances at Boston. Clev ough o | PKI Edison (8).. 136% Lig & My B (14). 78% StL & BanFr. ! Saxon P W 78 | Derernomge . 1 land and Philadelphia. the e St o |DRImalssy G q Lima Loco (4).. 66% 66% | St L Southw. Seine Deptct 7 Dol e HhasHs. .- s ASEHt o CorvIneas (it cho Tagher ressed itsel E h .’:n Radio Cor- | Bk!-Man Tran E Loews Ine (2) 4 o StL Swn pf (5). 74 | Serbs Crot Slo D& Rio G Wat 5s. . s, | lev established outside New York pressed itselt as bea n Rallo Corf o oy e 1) - Loft.. Savage Arm 58% | Sweden S}mct.. | Det United 4 . av| has exerted a healthful influence. ock, at the same time it was | SROK R 1] . Long Beli A (). ¢ | Schulte (§8) 2 214 1225 | Sweden 8s. Beahet e Sh 3 s has been felt most directly in ensive oy er e fe O | NicnEbos () a: Lorillard @). ... - % | Seaboard Alr L. 2 614 | Swins 5% 194 Sl ey 5 ; | the withdrawal by interior banks of | [he_medium o it was thought, Was | prynswick-Balx 3 201 2 Louls Gas A 1.76 As 23% 23% |Seadd Alr L pf.. 914 494 494 ! Swiss Confed 8 1163, | Ext A Y funds sent here for placement in the | ooers; Which @ dangerous as short | STURSWICH I - o Loutsiana Ofl... 17} Sears-Rebik (6). 2 2235 | Da Kingm 6% 2.« 118 [EEeiconw (A 9 inds concinen T \achie. ol A e "a bl | Bult & Sus (1) 74% | Louls & Nan (6). . Seneca Copper. “ 9% 9| Ud Kingm 5%s 37 A0 | e encaen ain 2 =] Insead of belng used as a basis | f1 g0 teach O e e Burns Bro (10). SNV 1ek {EoalumItAN. - ; = Trans 216, T G0t | Tanien : 105+ | Erie (Pavett tr 4. G | for stock speculation, this idle money | 1oy o n - again e shorts was | SUPEEEBEY 588§ 55 | FEcTom et g 24 | MISCELLANEOUS. |FwECEs TS, gsk | willivow be retursoaltoimore profuc. | authority o permit feare LI M s < A o 2 unk s e trade c 1 | Aoy eared. ¥ « i | Butte Cop (508) SPacE BEvousi(6) eil Un pf (8. 1045 | asax Ruber [b2 SI0R0 00 ‘g,,.,.d Trunk generally welcomed by bankers and g owna On the theory that the recovery Buseets oer(2h. 1 . A mmons Co (2). 5 2% 2% 1 ‘ 5 i chine in New s earning power had be- | BUHSEAPOr ) 3 i Simms Pet (1).. 23% loaw 103% 103+, | Oreat North sa.... business men. i \anent factor in the mar- dsw 985 9g, | Great North 5y ) i REcior e <et for the stoc at e outlook | Caddo Centrai.... Mackay pf (4) s s 3 T G9% 9e% 9us, | GF North gen T % period under 5 bankifhm ')\fil""‘uxu(l) £ ‘q&‘nr o ’_\Sl{\:'( n \:1‘: was | Cal Packing (8). 82 | Magma Cop. o 50% 3 1177 t&R1 ;3*; 7.;! % gsr. GreenB& Wb B. 18 CHICAGO LIVE STOCK MARKET z"”"‘:‘”“"‘r in ation n] b 1':“'[) il low-priced Calif Pernt (2) 3 4 Sup(4%) K . South Port 8 (8) +| Am Smit = G Moh&N 5%<B '50 2 2 Y CHICAGO, Nov 20 (United | the 60 schools < 2 o et 88 | Reés. 106 6 106 1 5% which were spoken of as being " jicatliban Ztac- el 37s 330 3. | South Pac (8)... W o nEEs 102 | Hocking Val4lzs.. States Department al Redmond & Co Hogs - Receipts. ¢ ad: slow. | pect to offer n \duml Children Thrifty S wRES e e PR =1 The plan p t as \fan Shirt (113). 3 | | Am Sug ref §s. 6 4 g B e Ma. line." Earnings for 1925 are expected ‘g:::;::::fi"l(“) i 3 Southern Ry (5). 113% | Am T & T el tr 4s. . It ;3;:::!: :;fs:a : o to be better than $5 a share. a0 5 = South Ry pf (5). 24 9 '. AmT & Tecl trbs.. 111 C-C 8t LANO b s 5 2 - preferred stoc | Can Pacific (10). 1493 4 3 4 Sploer Mfg..... T&Tstts ~C 8¢ LANO §a 9 | Thursday ; packing sows of common of Burdir New St. Paul Plan Out. i Case Threshing. 3 57 4 5td Gas & EI(1). " | Am &1 deb B! ; 3 | Int Rap Tran 6 68 teady; pi ¥ top, 11.40; bi in blocks of one share ¢ e e b 1. | Cent Leather 2 1 9 | Sta G&Eipt (4). 56 | AmT sl e | Int Rap Tr 6s stpd. 2 : €6%[ packers bidding up to 11.15 for desir- | and or g o etails of the compromise plans be- | calt el 5 5 | Mactin-Parry (2) 3 | Am Water W/ 5 It R & ! g u 5 f comm Pl e s reamiza can hers) 3 6 May Dept St (5). 13 3 614 | Std Plate Glas: 7% | Anaconda 1t 2 nt Rap Tran 9 9 able grades: bulk sorted. 140 0 | preferred is | Century Rib (2). 5 3 = - 3, | Stand Mili (5).. % 105 | IntEap Tran 9 averages, 11.35a11.50 tive divid » corr =3 nade public today, | Py D 1 y S . 3 3 { .. q. e fhost 1o optain battes | Coro WiERSCOTS) i 3 | StOll Calif 3).. 6 Anaconda v db 1 Int & G Nor aj o 10000 ; o 1 -Teed(4) & 3 E Maytag (50¢)... 5 ‘Anan Cop 7arcts. Y | ‘ 7 3 | G 0; 1 « entitling the terms for the bondholders had been g:m::n:sm) Metro G pf (1.89) 28% [StONINJT )... 48% 434 | Armour & Co 4% 907 \;g';‘f;:'};_‘f!}fi - B b 11.40a11.75; 40 to | holder re to purcha successful. The principal change as | PEtIon o 5 q slexican Seabd.. 117 g:ggl‘h {’fo’d((’o)) | Armour Del 6% 4 i 3 60 pound roasters, 12.2 hen\)owelgsh( tween A s 1d December 1 far as the honds were concerned 1S | GressaOnio (4. 120% 1: aml Cop (1).. 124 12% 2 | £ P A Ol 2 Kans 3 - "35: medium, 11.10a11.30 p Idaaior sec o o 67 7 W 3o% StewartWar(te) o | KansasCity S 6s.. . g 9 1 i ht light, 10.6! hat the holders of the securities NOW | SO ceps (4). . 1id-Continnet.. 86 Atlantic Refin b 9 k 3 | ight ight, 1 o t E in default are to receive under the |G SHe ()., 140 : R nate. e ke i < | Strombers (&) e tis 552 105 105% | Ken City Term .. : | ove (60 T0/50" ciaie L e e new arrangement 20 per cent in new! oyt yion B 5 11d St Prpf $10. 130 13 i ubm.rmu.rn ). 5 | Bell 'Tel PabsC... T O e - % 95 08 liter pig 1.0 2 i iixed interest bearing morteage onds | iy & Alton b nznn&s;[:u‘:[-. i 2 4 24 gunon (1) oat. 3 | Beth Steel pm 58 3 e s o dol : e Recelnts. ol | 0 per cent i estments, the | - . o Minstp J oW 5 e - 9% 6 alc | pendable o or year! or i epartment st ot e iee ool monvartible equally. ol e, 2 1S Kan & Tex.. 4l% 415 i Sweets of Amer. Beth Steel rf . Lehich Val 632003, steers; in absence of bids some being | ington and east of New Orle B i i 5 : | | ein Steel 534853 a ; H Y e ) ey preferred and common stock Chi Mil & StP. Mo, K & T pf (5) 843 Symington. .. 5 IB.U: Siniait Louls & N unf 4s... 9 9 9 aken off market; weighty steers very |ed in 1 an initial i V of comu in the district of Miami. ¢ ss that 3 | Louis & Nosh 648, o -ce: strong: bulk fat steers hout $300. usine As far as the stockholders ave con- ¢ u & St P otfs Misgouri Pacific. 38 5715 | Symington 4(3). eter I St 18t 5% . g IL:::I:& s| 1;4 6 ; ree; strong: bulk fat steers today. about $300, usiness cerned, thelr assessment is to be re i et \lissouri Pac pf. 84% ¢ 844 | Telautogph (%) o B gon bi uced if the Government agrees 0| G aISSCE pt ¢t 5 iTont Power (4). 804 | Tenu Copper (1) g:&,.m;.a. efund the $35.000.000 loun which the | Ghi & Nwn (4) : Montgom Ward. 77t i7 | Texas Co (3).... ‘ i Galir Pete S %8, = 1 n f h St. Paul now owes it on a lower in- ! G Pneu T ()., 12 Moon Mot (3)... B4 3% 334 | Tex Guif Bul ). 115 Leth 6545 ofs MIIEI Ry & L bs... : ‘ stoc steady: o the current . 1 e erest rate than 5 per cent. If this!CniRI& Pac S 40 | Mother Lode 76¢. 7% 74 | Tex & PaoC& 0. 15 e conper M&StT istrfds.. ° | e s 1t bologni vth of the bus ! 0 downward: few loads around 10.00 developed e through the | | l attempt is mot successful the assess Motor Met (3.80% 40 % 414 | Tex & Pacific. .. 9 ¥ i El . 6 % MStP & SSMbYs < 9 e W ud B o hecessary & sixatar t CRI&Ppf Col Gas & . | i | i | Manhat Ky cn 4s. 6 53 N a10.25; latter price early top: better 2 X it is ¢ Market St Ry 7 : feeling developing in fal heifers: she tha - urnove: ments on the stock will be the e | Pt (). p Motor Wheel (2) 307 0% | The Fair (2.40 3 D Gt E MK&T lat 4 : nd etter lers steads ! b & ana e Al iR as under the original Kuhn, Loel g,fi,;f‘“fn,_’” o a o | Munsingwr (3).. 8 345 | Tide Water (1). ,f:“u‘”dm e MK&T48B...... 4 celected offerings upws i oS iiaters S10/000 sniice Hamal’ City i e e ol . Y21, | Murray s 12.40). ; 21% | Timken (14) 5 | Gon Gas NY 534s. - L& \ MO TR s he preferred on the ¢ | Chino Copper. 2045 Nash Mot (116). 439 420 | Tobac Prod (8, i 2 | Consuiners Pow 58. MK&TprinbsA. (T 9 et Reneind ] I fat | crease of more than 50 per cent. The kholders are to be : »d | Chrysler Corpn. 198 Nash pf (7).. ... 105% 4 105 | Tob Prod A (7) 5 | Cuba Canenvd8s.. MK &T6sC. 9 103} ey & company’s investment in the buil ‘hrough @ loan syndicate in payving | Chrysler pf A(8) 4 10734 [ Tov; | Transcont Of... Dohve- GasES- . - 3 Mo Pacific gen 4s. . 1} Lo S R et ind real estate is carried at 2 hook cash assessments. | Cluett Peab (5). 8% | Nat Biscult (14). 70 ¢ 69 | Underwood (14) i b5y | Dery (D@ 8. ... Mo Pac 53 1985 : CLire B S ipc) ; -00: | value of $902.345, whereas the equi The new plan also invoives the <e- | Coca-Cola (7)... 165 Nat Dairy (3) 7 .l({bns.‘.p.“r. S ? | Det Edison 68 '40. . Mo Pac 6549 D... 2 Y L T e | has been independently appraised of five vo trustees: For- | Col Fuel & Iron.. 3 37% 38% | Nat Dpt Stores. . 3 2 | Union O11 (1.80). - Mo Pac 63 65 F t L 4 ¥ kind upward to 12.50; prac | more than $2,100,000. of State Elihu Root, | Colo Sou 1st (4). 65 Nat D St 1st (7). 97 9"n On Pacific (10). . | bodge Wi Montrl Tm 1st 20% | Sheep &teadly: odd lota nativ | Richmond Bank Reports forn, estdent of the ! Col G & E (2.60). % | Nat Distillers... 3414 IUn Tank Car(5) 3 Donner Steel 7s. 3% 7.5028.00. e i S = 0 Rail Henry { Col Carbon (4).. 5 3 Nat Lead (8).... 16 165 | Utd Alloy Steel " L Duquesne Light 6s. i | New Or Term 4s... a8.00. Rediscounts Richmond Fed dent of the Carnegi-|ComlCred (1%). 48 Nat Supply ( 574 | UtdClgar(*8%). % 1065 158 Est Cuba Sug 7#48. 415 105% | N O Tex & Minbs 9 a6 | - S | eral Reserve Lani dropped to $39.. D Dyke and|Com Inv (2.50}.. 7% Nevada Copper.. 13 1244 | United Drug (1) . Empire G & F 748 NOTex&MGsB. 9 & DAIRY PRODUCTS. 100 for the week ending cher, vice president | Com In Tr pE(7). 108 5 |NOTex &M (7) 124 1284 UtdDrug 18t 3% 56% bois bos s S [NOoTaMsus. \ e > ber 18, a slump of about $3.000, Metrc ftun Life Insurance | Com Solv A (4).. 129% 2 2 NY Air Brake(2) 364 3 36'% 86%: Utd Dyewood. Goodrich l%l 1 . N Y Cengen3is.. ¢ 7 BALTIMORE. ,!d., November in the week to the lowest figure since ! Com Solv B. 4 N Y Canners (2). 727 4 71% ]| Utd Ry Inves pt. Goody : 124 N'Y Cent 45’98 2 5 5% | (Speciall.—Live pouitry—=Spri c| last March. The decline is attributed | Congoleum (2).. : |NY Canpf (7).. 109 U S Cast Iron P. 20: 1 Goodzu"s*. S S9msi00 || N Y Centded filleis soind dsasi teencins | to decreased agricultural credit de | Conso\ Cigar.. ... a1x | N Cental (1), O A b PIECTE RO 100 +|Hoo s Co 8t . 101%iToTkil T Cemt Eoh Minorcas. 18a20: old hens. 16a26; old | e 2 strib 453 | NYC&SL (6)... 1 U 8 Distributing Hoe & ol 1o1Z [N Y Centdebss... 220, 8al - 16a26; old | “he cash veserve position was ConacliDIetmbub o Lpt (6). 98% . Humble O & R 548 4 1014} Ny Cent LSl 334 5% | Leghorns, 16aiS, old roosters, 16 ked up £107.655,000 to $114 Week End Profit-Taking Has De-| Consol Gas (5) tL pf % U.S.Hoffman (3) e g < 100% 100% | N Y S st 5: | marked up 81 $114, 5 e s Sorg | NYC&StLefs(6). 162 U'S'Ind Alcohol. : e e 1ote INY C&StLdb ds. 9% 9 5 | ducks, 18a26; geese. 2205 vouns tur. | $54.000. with a corresponding increass pressing 1. | Gont Mot (8053°0 113 11| N ¥ Dock. BTl s U'S Realty (10). 16 . Iilinols ‘ NYChi & StL5%s S ceys, old, 30a35: guinea fowls, |in the reserve ratio from 68.86 to us Cs U MK & T adg Bs.... 12-50. R 5 yace, or an MARKET (LOSES UNEVE) NEW YORK, No Corn Prod (2)... 7% 38 |NYNHG&Hart. 39% Rubber..... % : md‘;‘::f"::l‘“‘. Y YC&StL6s 2} 1025 | o e okl i _ : 0). . 57 56 | N Smelting(3). 4 nt et 9. 65! 65 Szgs—Receipts, 1,967 cases: native [l ar. Week el S SSmpf (3% ing Paper SA4T.... 17 85 443 844 | NE¥ Havenod 1 96 84U 94%|and nearby firsts, dozen. ufered profit-taki . . D SRttt 4 [ Inter Paper 98%5 | Ny ont W . 60; candled NY Ryspartcfs. 6% { Y State Rys... 24 ol ¢ On&Wn (1). 27%s | eral active iu ks below Chbacane o dodr : Corfk & Wn (18) 148% 6, 1454 | U8 Steelnt 7 % | Inter T & T 5% 10645 10615 | y Rys 65 '8! 25 Butter—( to fancy « reamery GRAIN AND PROVISIONS Ison Motors | Cuba Cane S pf.. nd Ame; Cyba Co (4).. nd 1‘. ndry ; \. | Cuban-Am S §- Cuban Am pf 3 ‘(,ub.An Domin. North A (B3.40). 6 3 KCP&LtSs 100 100 | n ¥ State Ry 4%3. v ., 48ab2; prints, s o | Nortn Am pf 4 : do; |[paversstmes KanG & E168'83.. 101% 01% | N ¥ \W & Bos 438, it BALTIMORE, Md.. November | Nortn Pac (&)... 7414 3% T6% | Dun PAL & (30, . Kelly-Spring 8s. 104 104% | Norfolk & W en 80° 86) [ 41248 process buttes : - (special).—New potatoes, 100 Ibs | Norwalk (1. 60).. 15 H : s 1 4 Laclede G 6%3°62. % 100% 100% | Norgolk & W ev 15 6 Rabbits—Choice, dozen 4 beans, bus t | Cuban Dom pf 3 o ! Nunnally (1).... 185 v 18 :_Imn lg::?:e(l) 3 ;| Liggett & Myers 53 13:5 ‘orthern Pao 8 fair to good, 3.0024.00. 2 a dzm\' !r‘:thha_g 5 t 3 2 . 26" 5% G1s = . 2 N ¢ 4 % X 3 sweet potatoes. ern Union. Union B il | GusnmRIiE () : 152}' jonw s “‘:}l’)y; ook | Va-Caro Cheni. . . 24 | orl 0 115% A3nl | er as = 7 . “bbl, 1.00a 1 Sears-Roebuck and Sl Shefficl ‘(Cu*lix‘;;:',';:(‘.;‘ Sl ttlue\.fr:e.'n.‘m'“ vt Va-Car Chem n ¢ 20% EStisv G & E 6a 61 ; s Ore & Calif 18t 6. . 4 3 caulifiower, crate, 2.50a3.50 approximated 2 | Otpheum (1.30). 80 20% 2 : Manatl s:;:f The 4 Ore Short L ref 4s. : FOREIGN EXCHANGE. crate, 2.00a3.00; cucumbers wed sign swed | Dantel Boone . > 1 Otis wrevator (6) 128 Mid-Con 5 11 101% ¢ Gre-wash 1strf ds Quotations furnished by W. B, Hibbs & Co.) | @ d lettuce, basket, Gia pite 4 temporary sink- | Davison Chem : 6 31 Oths umv-lostul 5 Pennsyl gen 44 3 e kce) | o | 25ad0; oyster plants » + number of food, merchan. | Detroit Ed (8).. 187 s 13 | Pacific Coast. ... ‘;:‘[‘f;’é‘_‘“:'a’,-- 8 Nat Tube 15t 65. g:::g: .r‘;~_’-~ Paris. c. Tw |SEc S dise, copper and tobacco issues in | Davoe & Re Acfs 58 5 4 u». Packlc Gas (8).. Ward Bak pf(T) ereara Tt y e an - : | spinach, bus., 1.00a1.15; turnips, bas rlier trading Dodge tros Ci A 8 394 | Pacific O11 (3) 4 N | L&P 68’47 5 Rome.' lira. . H L erd e ang , = 5 $61; | Packard Mot(2). 38% 39%, Warner A (1%). Por R - 3 c € Kket, 20a30. uou;-;;: (-H G 1 1 174 as s Mot (1.40) Warren Bros(4). 4 NYGELH&P . Port RL&P T3S 46. a7.00 Nl\n’ | Dome Mines (2 4 - v % ; : Weber (6)...... 9 2 ; Y GE L H&P bs. box, 6.00a7.5 = Pectin (1). P “Amer O.... N Reading gen % 2 ¢ 2026 2.25: TR : Markets at a Glance \Bfil;,:.u GeN(115) 228 218 222 | ran AmerB (6). T4 7 % 785 | WestTea (). N3 Tol 4t o G West cl 45 7 Budapeat, cr 1 grape sket. e S | Dulont deb (5) - 21 | pan-Am W(30c). 42% W PaPow PL(7). RIArk&L 4 % Fague. | box, 3.5024.50; ges, box, 6 - e 0 o : I Duront deb ¢ : S 20 e oot Ma 2t e 2 Sopenharen : Selling Prices at Noon. | Chrimtiania. By the Assoviat SAHeRE 1) | tathe Ex A (¢3). £ | St L IM&S R&G E8% BBY | gigekholni. crown. .. inter. spot. de NEW YORK.—Stocks ir 'E::l‘::m Hose. .. 2 4| Pentck & Ford. ‘ “."“"“P';"f':) StL&SF pl4sA. i = Wheat . 2 red Winter, spot, Pont rallies % points before reacting. | T 112 1107 | Peun C & Cke. . 9 West Pac pi - Nor Ohio T & L 6s. P NEW YORK, November 0 (). 169%: No. 2 red Winter, ga ftonds firm: Ttaliar : Basuman (t8)... e o' ! Cenasy RR m. F : { West Unlon (7). : Nor States Pow én. Ioreign exchanges steady: quotations. | I oMl bonas : Sorelgr | Eaton Axie. ... 2 ines % West Air Br (6). 2 Nor States Pow 6s. in cents: Great demand S 'I:u StrBat (4. 75 5 : - 3 214 . : otissStesi $a. on banks, 480 . France, demand. vel, ‘as to delivery: domes | @ Mar pf (5). ) 2 Paotific Ga .96; cables. 3.961;. v, demand, Coffee e lower Brazilian markets, | Smmerson 13 pt- 20| ber Mar prpfefs 81% 81 “’fi“}:t:’:; PRoT&T 1 % |StLS W con 0 0015 : i e. s . "he: sher; bullish | Bna Joun (6).-. 3 i aCo (6)...: 6l . 15 604 | Wheel OT&T68°63... -szrzxcsnx.m- 5 : .80; .19} 4 No. 3. new, 4332 CHIC Wheat higher; bullish Fy hite Eagle (2 . Pa & , SEaSb No. Bive S o e lover mar. | EFie R i« . Q& RC&1., 424 5 ot Pan-Amer Pete éa. Norway, 20.43; Sweden, 26. z 3 » 85890; No. Catte dum Ty , Erle ctfs . L ip Morrl il White =e. Peoples Gas 58...... 3 8 mark, 24.90; Switzerland, 19 .| spot. no quotation b > ) Erle 18t pf.. ios | Linilps Jones (2). 51 Phila Co6%s 38 2 1 14.25; Greece, 1.33%; Poland, Hay—Receipts, 81 tons. General re | Erie 2d ptf . 4 0”4 Phililps Pet (2). 44% ) g Phila Coref 65 A. 7 | Czechoslovakia, 2.96; Jugoslavia, 1. ceipts of h are ample for trade PARIS MARKET FIRMER. | Bureks Vacuum. o [maiesscet 5! Phila& RAC& I5a 4 5 Austria, '14; Rumanis, 4% Argentina, | wants. The medium and poorer grades IFllrhkl (2.60).. . 9% 50 Plerce-Arrow.. . thn Pump. Plerce-Arrow 8 Sou Pacific 4 4 97% are .xr'(‘urzml’\lmz. \Indt‘l a lnt-l\ of de PARIS, November 20 (#).—Prices| pamous P1 (8) i 104% | Plerce-Arrow pf o A aatt). Public Service 54, . 3 Sou Paciflo ref 8% : anand. Tor the better-grades of tim iproved on the Bourse today. 'Three | Famous pt (8) i 4 115% { Plerce Oll...... Weight Asto(i)s 2 Public Service 6s. . y . Southern Ry gen 4 80% othy and choice light clover mixed er cent rentes, 45 franes 5 ‘“""“‘"9* Fed Ltelso. 2 28 | Plerce Petrol... 5% p S 64 Pub Serv Elec 6s. . i 1037% however, there is a moderate demand }Jixchange on London, 1 s Federal Mines. ., 6 71 | Pitts Coal pf (). 87 S Qe 27 P Serv Gas 5%8 5y 111% | Virginia Ry 1st 6 9 at full quotations, with no surplus of per cent loan, i Fed Min pf (7). £7 | Pitts Stlpf (7).. 1004 o N T st b Serv Gas 5% 64. 884 | Va Ry & P 18t 68, : | sood hay on spot. s ar was quoted at 23| Fisher Body (5). 2 % 99% | Pitts Term Coal. 574 are the annual cash payments %&-:d':m“fl: Punta Alegre 7 Term Asso St L 8% 844 101’ 10114 | Quotatidns, per ton, today—No. ’vux Rubber | Pitts Ut pf t1. | fafeet ouarterly or ball searly eERrnend ax www——:,—umw iy: Cuban sellin lac gl ingtn Arms '3 bdla Bdle 97% ‘983 | timothy, 24.50a25.00: No. 3 timotk Fisk R 15t pf (7) 112 115% | Pitts & West Va. 106% ‘5:'.?5";5“’.?&?:‘:3 exira or svecial Avl: | Rog Bro ;:::g::.nu 6s. - 33 89 wnmnl’(‘dn 6% 67 |2 '00; No. 1'light clover mixed Fielschmann (15 139 | Postum (n)..... . % | ““2Paid this year. no recular rate. b or 7 Union Pac 1st 48 81% 91% | Western Pacific 95 95 |Z21.50a24.00 Noje light clover mixed ansiission of sound waves {roii | Foundation (8). 5 177% | Postum Cer (4). 1294 12 4 onlmnlld,n mk': A'rur tock. tPartly Union Pac 1st rf 4s 86% 85% | West Shore 1st 83% 88% | 21.00a22.00; No. 1 clover mixed, 23.00: /e brain to another by radio is pre. | Foundation rts.. 5% | Press Steel Car.. 574 s {8 otock pavable 1% adsrinis. +pios | Sinclatr Ofl 74 | Union Pac 4827 994 99% | Wilkes-B&E 1st b 63% 634 |23.10. 9 3 ed by P'rof. Ferdinando Cazzamali|Foun Frrgts. ... - 8% | I St Car pf (7). 31 in stock vavable 1% auarterly. Sinclatr O11 7 Union Pac cv 103 108 | Wisconsin Cent 4s. 80% 80% | Straw— 1 wheet, 11.00912 00: Nc. the University of Milan. | 1 oat, 12, von..lo