Evening Star Newspaper, November 21, 1925, Page 26

26 » AFH}' A THE EVENING STAR, WASHINGTON, D. C, ATURDAY, NOVEMBER 21, 1925. SELLING 1S HEAVY IN STOCK MARKET Raid on Motors Starts Drop. Bank Rate Is Factor. C. & 0. Advances. By the Associated Press YORK, newal of selling pressure motor shares, which Jack of strong organized the course of price: tnday’s stock market Although trade news was largely fa ble, the ratsing of the San Fran rediscount rate of 4 per cent, ving the New York Bank the only cent, and the establish yrent of a new low level for the by ¥rench francs, had a depr effect on speculative sentiment Chrvsler sold down to 157 as against ont high of 253 Iron Pipe broke Coco Cola, Mack Truck, United States Industrial Alcohol, Hudson Moto Radio Corporation and American ¢ sold off 3 to 6 points. i A sudden advance of 3 points in Chesapeake and Ohio brought about some short covering in other quarters toward the close. Federal Mining and November 2l.—Re: in showed a upport, turn. re oints and n Smelting com. mon also showed independent strength | by climbing record. The closing was approximated 1,000, ST. PAUL 6 points to a new high weak. Totai sales G0 shares IS ACTIVE. Both Common Preferred Pressed for Sale. BY STUART P. WEST. NEW YORK. November stock market was unsettled with many of the recent favorites in both the industrial 1 raflway tions down a point to five points. The overnight announce t, that 1 Francisco Feders foilowed the Boston and distr! in advancing rate from to 4 per o edly had ne influence i movement which oc share list. Stocks in rallied somewhat f lows. and ~“The| Philade] rediscount the sell urred in_the he second hour heir early Radio & The weaknes shares, which struck their n es for the r, and the inued decline in Hudson Moto: of the other ve were incidents. h had closed roke to around a few points Chrysler were d, There was in U. S leohol, which closed Fri- nd fell off sharply this 5. Ca Iron P wi g the high-priced s was an 2 points. e of its re- oils were hares Weak. on- < and industrials on Motor: 4 on Frida Motors Dupont and several points some morning. 1 n weak featu on, Asphalt lost son gain and the other Rail Stocks : Among the rails the St. Pauls were feature. The preferred was pressed le close to the 20 level again the common was lower. The overnight reading of the modified plan probably was the cause of the ing. Baltimore and Ohio the other recent leader way section were heavy , then rallied. fell back sharply peake and 0 icross 120 again and vent along. The market closed weak low prices of the day. nd ni rail- for a was Nickel time. Plate near the YORK, November motors r pre: convertible rail anges easy; French francs i ar’s low. Cotton, firm; bullish go nment ginning report. Sugar easier; Brazilian market. Coffee lower: teadler spot market. YEAR’SrEiARNINGS UP. Western Maryland Sure to Make Fine 12-Month Showing. Special Dispateh to The Star. BALTIMORE, November 21 .- Western Ma 1 Rail- Januar 1 to November 14 t $17,199,151, an in- $26.424, or 3 per cent above 1 for the corresponding period 21 break ®) on re- larn- The increase has ished in the face of a $131,737 de se in passenger revenues :nd smaller de- lines in mail, express and milk reve- A gain of $343,375 in coal and freight, of $258.%00 in other E 24 in misc ove 1 ven overbalanced record the loss DIVIDEND DECLARED. NEW YORK, November 21 (&) Great Northern Ore has declared dend of 75 cents a share, pavable cember 28 to stock of record De- cember 4 in contrast to a payment of $1.a share last April. ELAws JEWEL TEA'S SALES UP. NEW YORK, November 21 (#).— Sales of the Jewel Tea Co. for the first 40 weeks of 1925 $11,- 523,818 against $11,321 crease of 1.74 per cent. TREASURY CERTIFICATES. (Quotations furniehed by Redmond & Co.) March June Juna Sept. March 15 3 Dec. 15, 19 SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) Adirond. P. & L. C. Afam. Co. of Amer Amier. Beet Sugar Ge 19 Am’ el & Tel. Co. 4s 1t Aliconda Copver Ga Ssociated Ol 0 1035 altimore & Ohio_Gs. 103 Fethlehem Steel 58 1030 corkia 05 1) L& St P 68 1 hi.. R. I. & P. Oty n{ Lyons 8s 193 Coflumb. G. & Conunental G Erie R. R. Co. 58 19 reraiad Molale {sher Body Corp. Goodyear T. & R. rgat Northern nif Oil Corp. P ock. Val. R. umble Oil 63as 1 high Pow. Sec . St.P. & 3 gum. & Co, 748 Sew York Central roxon Short Line Penna. R. R. 7a 1 Sinclair Cr Tidewstar 6345 1031 T'nion Oil of Cll‘a. 58 19 Thion Pac. R. R. C. s 1 U S. Rubber 7?. 1930 ro Unlon §3e 1030 Westinghouss E.&3L. 78 1031 106 *Called at 201%. X cu inst the | ctionary in | United States | Are | today, | phia { undoubt- | n Radio Corporation | bhottom | in the | aboard Alr | jumped | llaneous | Abitibl Pow (4). Ahumada (11).. Alr Reductn (15) Afax Rubber. i Allied Chem (4 Allted Cm pf(7). Allts Chalm (3). Am Agricul Chm Am Ag Chm pf.. Am Beet Sux(4). Am Beet S pf(7) Am Bosch Am Brk Sho Am Br Boverl. Am Can (17). Am Can pt (7). Am Car&Fdy (8) Am C& Fp?f (7). | Am Chain A (2) Am Chiecte. W Chicle ctts | \m Drug. Am & For Pow. Am&F Ppt (1) Am Hide & Lea.. Am Hide & L pf. \m Ice (8).. \m Internati. .. Am La Fran (1). Am Linseed. Am Loco (118) Am Metal (4) Am Radiator ( Am Safety R (3) Am Ship&Com. . Am Sm&Ref (1) AmS &Rt (7). Am Stl Fdys (3) Am Sugar (5) Am Sumatra. ... { Am Tei&Tel (3). Am Tobacco (19) . | Am Tobac B(19). Am Tobac pf (6) Am WW&EI 1 Am Woolen Am Zine Anaconda (3) ArmourDel pf( Armour.Ill A (2) Armour,Ill (B).. Armour Il pf(7) { Arnold Con ctfs Asso Dry G(24 ) Ass0 Of) (2). Atchigon (1) . At Coast L (18) AtIGuit& WI.. At Gulf & W1 pt | Atlas Tack. . | Austin-Nichol Auto Knitter Zaldwin L (7). alto & ON10(6). 1al & Oh pf (4) Bang & Ar (3).. BarnsdallA(50¢c) BarnsdallB(50¢). | Relding Bros(3) sethienem Stl Beth St pf (7). Botany A (4)... Briggs Mgl | Bk Edisou (8).. | BXI Edison rts. . | 1k!-Man Tran. . { Bk-Man T pf(6) { Brook U G (111). ! Bklyn Unton rts. { Srown Spoe (4) i Brunswick-Balk Burns Bro (10). | surns Br B (2) | Bur Add Ma (3) utte Cop (BUe) . | Gutte&Super(2) | Butterick . | Byer & Co. | Cal Packing (6). alit Peint (2) Calluhan Zinc. Calumet & Ar (4. Calumet & H (1) “ase Threshing. Cent Leather. ... Cerro d Pasco(4) Certain-Teed (4) Chandier (3) Chees&Ohio (4). Ches&O pf(6%). Chi & Alton pf. Chi & East 11l pt “hi Great West hiGr West pf.. { Chi Mil & StP. CM&StPctfs.. Chi M1l & St¥ pt | C &Sty pe cfs Chi & Nwn (4).. ChiPneu T (6) Chi R1& Pac {CRI&P DL (8 Childs (32.40)... Chile Cop (233). Chrysler Corpn. Coca-Cola (7). Col Fuel & ron. { Col G & E (2.60). - | Col Carbon (4). . Comi Cred (1%4) Com Inv (2.50}.. | Com In Tr p£(7). { Com Solv A (4) | Com Solv B. Congoieum (2 | Consel Cigar. .. . | Consol Distribut | Consol Gas (6) Consol Textila Cont Can (4).... Cont Mot (80¢).. | Corn Prod (2)... | Cructble St (4). | Crucible pf (7).- Cuba Cane Su. .. Cuba Cane S pf.. | Cuba Co (4. | Cuban-Am S (2 Cuban Domin. Cuban Dom pt Cushman’s (3).. Davison Chem.. Del & Hud (9).. Del L & Wn (17) DRG Wstpf... Detroit Ed (8). . Devoe & Re Acfs Dodge Kros Ci A vodge pf (7) Dome Mines (2). Doug Pectin (1) Dupont deN(115) Duquesne pt (1) Durham Hose. ... Bastman (18)... Eaton Axle. .. Elec Powr & Lt. EP&L pf 40% (7) Eiec Str Bat (4). nd Jobn (6). . Endicott pf (7).. Erie R R Erfe 15t pf. Erfe 2d pf. Icureka Vacuum. Fairbks (2.60) Famous P (8). . Federal Lt *1.40. Sederal Mines. ... Fed Min pf ( Fifth Ave (64c) Fisher Body (9 | Fisk Rubber. sk R 18t pt (1) | Fietschmann (15, Foundation (8). Foundation rts.. Foun Fr rgts. Fox Film A (4). Freeport-Texas. Gabriel A (25). Gardner Motor.. Gen Am Tnk (3) Gen Asphalt. Sen Cigar, (8). Gen Flectfic « Gen Motors(112) | Gen Outdr Acs) | Gen Petm (3) ... | Gen Ry Sig (W 1) Gen 1ty S pf (6). Gen Refrac(2).. Gimbel bros . Ginter (1%) Gltdden Co Gold Dust. . Goodrich Ru (4) Goodyear pf-(7) . Gould CoupA(2). Granby Consol. . Grt North pf (6) Gt Nor Ore (1) Grt Watn Su (8) Gt West S pf(7). Guantanamo.... Gulf Mo & Nor. . Gu M & N pf (6). Gulf States 8 (6) Hanna 1stpf. ... Hartman (2%).. Hayes Whi t3%. .11 Open. High 615 o8k 9% 112% 1 121% 89 25% Lo; 9% 1104 11 ™ 110% 121% 5 . Close. 101 1045 197 21 1% 123% 45% 854 68 35 135% 160% 36 79% 5% 424 834 105% 1224 | 120% 20% 424 4 91k 4% S0h 11% 38 BN 993, 9% 484 963 24% 114 138% 175% 5 27% B0% 19% 384 % 51 56 102% 308% 123 61% 48% 7 105 4“4 697% a7 23% 44% 6615 109% 20% 19 6% 7% e 13 5% 32 108 6% 62 25% 45 ' Open. High. Low. Close. 61n 68% ' Hoe & Co A (4). a1 Household P (3) 43% Houston Ofl. 1 Howe Sound (). Hudson Mn (214 Hudson Mot (8) Hupp Mot (1).. | Iltnoic Cent rts indep O (1).... Ind Motrey (50¢) indfan Refinine Indian Refg ctfs Ingersoil Rd (n). Iniand St o2 Inland St pf(7). tnspiratior. (2) internat Agri. Int Bus Mac (8) . Int Cement (4).. Int Com Eng (2) Internat Har (5) Int Mer Mar pf.. Int Nickel (2). Int Paper Inter Paper Intl I'apec pe ¢ Inter Salt (6). Int Shee (5 Int Tel & Tel (8) Intertype (t1%) Jones Bros Tea. ordan Mot (3) Kan City Soutn Seliy-Spring. . Kelly-Spring pf. iKelsey Whi (6). Kennecott (4). .. Leysione T & R Laclede G (110). t.ee Tre & Rub. . Lehigh Val (3%) Liggett & M (t4) Lig & My B (14) Lima Loco (4).. Loews ine (2). Loft - Long A Tortllard (3) Louls Gas A 1.76 Louisiana Of| cuis & Nsn (6). fLudium (2. Melntyre P (1). Mack Trucks (6) Mack T 15t (7). Magnia Cop (3). Mallison & Co. ... Man E md g¥5). fan Shirt (1%). faracaibo Ofl. .. Marland Ot} (14 Martin-Parry (2) Mathleson Alka. May Dept St (5) Maytag (50¢) . Metro G pf (1.89] Mexican Seabd. . Miami Cop (1) Mid-Continnet Mid St Prpf 110, Middle States. Minn & St Louls. AMin St P & SSM. | \ifs Kan & Tex. . Mo. K & T pf (5) Missouri Pacific. Missour! Pac pf. AMont Power (43. Montgom Ward. son Mot (3). \other Lode 77 Motor Mat (3,81 Motor Wheel (2) Mu'lins Body. .. Murray .. £240) Nash Mot (116). N h ot (D)..... Nat Biscult (t4). At Cloak (4)... Nat Dairy (3).. vat Dpt Stores. . Nat Distillers. .. | Nat Distiliers pt { Nat Ry Mex 2d.. | NatSapply (3).. | Nevada Copper-. . X Y Canners (2). N an pf (7) entral (T) NYC&SLL (6). .. NY tL pf (6) N Y Dock pf (5). N Y N H& Hart. | NY Rys part cfs. Rys pf tefs N Y State Rys NY Steam pf(7) Norfk & Wn (18) © North A (B3.40). North Am pf (3) North Pac (6) Norwalk (1.60). 0il Well Supply. | Ontario Mining Onyx Hoslery Oppenheim (3).. Orpheum (1.30). Otis ¥ ator(6) Otis Steel. Qus Steei pf.... Gwens Bot (14). Pacific Gas (8).. Pacific O1l (3).. Packard Mot(2). Paige Mot (1.40) Pan-Amer (). an Amer B (6). {Pan-Am W(50¢). cark & Tilford. . athe Ex A (c5). Pennsy R R (3 Penn-Seab Ste Pere Mar pf (5). Pere M prior(s). PniaCo (4).... Phila& RC&1. Philip Morri: . Philps Jones (2) Philiips Pet (2). Phillips Petrgts Pierce-Arrow. Pierce-Arrow pf Plerce Ofl.. Pierce Petrol. Pitts Term Coal. Pitts & West Va. Postum (n).. Postum Cer (4). Press Steel Car. . Prod & Refiners. Producers&R pf. Pub Ser NJ(5)... Pullman Co (8). Punta Aleg Sug. Pure 01l (1%).. Pure Oil pf (8).. Radio Corpof A. Radio C pf (3%) Ry Sti Spg (8).. Ray Cons Cop Reading (4).. Keading 18t (2). Reld Iem Cm(3) . Reid Ice Crm rts ‘mington Type Remingtnlst(7). replogle Steel. . Rep Ir & Steel. . Reynolds Sprogs Rey TobB (3).. 98314 RDNYal73%. ‘63 StL & SanFr((7) 97 StL Southwest. 55 Savage Arms... 68% Schulte (§8).... 122% Schulte pf (8)... 115 | Seaboard Atr L. Seabd Afr L pf._ Seagrave (1.20)7 Sears-Rebk (8). 2 Seneca Copper. Shattuck £ G(2) | Shell Trans 2.16. Shell Tn (1.40).. Simmons Co (2). Stmms Pet (1).. | Stnelair o1, 21 Skelly Ol (2) 304 Sioss-Sheff (6).. 115% | South Port S (8) 86 | South Pac (6)... 100% Southern Ry(5). 1134 Spicer Mfg..... 2T% std Gas & EI(3). 67 Stand Mill (6).. 73 | stotlCalir @).. 53% IStOINJT ),.. 43% StONl N I pf (9). 118 StawartWar(18) 70% Stromberg (6).. 76 Studebaker (16). 55% Studebak pf (7). 122 Submarine Boat. 8% Sun Oil (1). 40% superior O1l 2% Symington. 15 Fymington A2). 20% Tenu Copper (1) 12i4 Texas Co (3)..... 52% Tex Guif Sul (8) 115 47 664% 44% 24w 625 23% l 41 464 71 26% 1% 122% 115 51__51% LAY 222 9% 67 44% 24% 62% 23% NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office 11 43% 704 25% 3444 90K 26 1% 315 BOND PRICES SAG IN MARKET TODAY Even Investment Issues Are Lower on Account of Weakness in Stocks. BY GEORGE T. HUGHES. pecial Dispateh to The Star. W YORK, November 21.—Bond prices sagged in the two-hour trading at the end of ‘the week, not only in the speculative groups, which might be expected to sympathize with 2 | stocks, but even in investment issues, 12 26 17 44 40 16° 66 53 398 | »3 37 84 8 13 21 432 1 57 12! 70 110 110 127% 127 171% 173 98ty o8 3 18 39% 39% 6% 300 300 24 24 9915 99 155 145 6874 64! 49% 49 73 14 34 6 10% 364 a8 30 1264 176! 2 i2 K% 85 65% 65 27 127 27 58% 59 31 81k 31 79 79! 167% 157 39 39 g7 7 107% 107 39% 40% 46% 46 192 172 13 13 861 36 404 55% Bh 3% 3 101% 101 104% 104 14% 14 54% 66 10% 11 93 53 9% 96 o4 b4’ 69% 71 1204 121 1s H0% 40 53 218% 2 9% 66% 44% 24% 52% 23% 98% Jthough in this latter case the loss was small. Continuing the decline of Friday, all the United State obligs ! tions “were slightly lower, and the same was true of some of the first mortgage rafls In the speculative group it. Paul % | issues aftracted the most attention {There was brisk trading In all the defaulted bonds aut Al declines. Notwithstanding the victory for the holders of these securities, gained in the modification of the reorganiz tion plan just announced, it was ev) dent that the better outlook fully discounted. Some of the sues were als tionary. ood inquiry kept up for e Better re trend was shown by oils than elsewhere, The new Italian 7 per cent loan agaln sold at a premium, but trans- actions were restricted in volume by uncertainty as to allotments. § | The majority of the forelgn bonds were lower. DECISION RESERVED IN RAIL-RATE CASE L C. C. Hears Final Arguments in Plea for Lower Freight Charges on Soft Coal. “ % % Y Seaboard istance to the the convertible before the Inter- state Commerce Commission yester- day terminated the controversy over pending proposals to reduce through rates to the Atlantic s coal mined in southern W and Virginia, whi itable as an anthracite substitute. e commissfon’s decision will be an nounced later. Counsel for the Souther that very I considered % producers amounts * | contended L) e atlable in their moved with | the populous k: ! mestic use. Representatives of operators and of that Stat ment, who opposed the reduction, tended that sufficient suitable bitumi- us coal could be produced thers nd railroad attorneys reiterated t the longer hauls of coal cars which lower rates would produce might brinz about car shortage and more trouble _Counsel for the Southern { districts challenged the car-shortage suggestion, on the ground that cars usually available for hauling anthra-. cite can now he diverted to bituminous and stressed the need of “ities for additional domestic he chief reason for tion, RAIL TRAFFIC SOARS. |Savannah Profits Greatly fields, which could reasonable rates tern districts for do | % | | | bl | 2 h by Flor- ida's Big Boom. NEW YORE Both freight the Savannah line have incre: markably as a direct result precedented prosperity in the officlals of the Lne said at the {nual conference here. In stances frelght shipments ased more than 100 | . Tourlst traffic from New England is running at the highest level in the history of the line. The great increase activity in Florida tobacco, cotton and credited with alding {trend. Exportation of cotton from the Southern States to KEurope | higher than at any time in recent vears, it was announced k) % | % | o | % November passenger ) affic of of ha Y % “ in real es and excellen other crops is the upward KEROSENE ADVANCED. NEW YORK, November 21. The Standard Ofl Co. of New Jers | has advanced export kerosene quarter cent a gallon, making the new pric {17.40. Kerosene also has been ad. vanced 1 cent a gallon in Maryland and Washington, D. C., and one-half cent a galion in New Jersey and North Carolina. No changes were made in South Carolina, Virginia or West Vir- &inia. Tex & FacC&O { Tex & Pacific. .. The Fair (2.40) Third Avenue Tide Water (1) Tatscont Of1 Transue & W(2). Underwood (t4) Cn Bag & Paper. Union O11 (1.80). n Pacific (10). . Un Tank Car(5) . Utd Alloy Steel. CtdClgar(*3%). Cnited Drug (7) Utd Fruit (10). Utd Ry Inves pf. U8 Cast Iron P. U S Distributing U.S.Hoffman (3) U'SInd Alcohol. U S Realty (10). « 3 Rubbe U 8 Rub 1st (8). U S Smelting (3) U S Steel (17)... Universal Pipe Ctil P&L A (2).. Va-Car Ch(n)w | \ivaudou . Wabash wabash waldorf (1%).. Ward Baking B Warner A (1%). Warren Bros(4). Weber (4). wWest Pen (4) WestPenn pf cfs. W PaPow DE(7). West Maryland. Western Pacific. West Fac pf (6). West Union (7). West Alr Br (6). \westinghs (4) \\ eston Elee Wheel & L Er! White Eagle (2) White Mot 14).. wickwire otfs. . willys-Overld. . Willys-Od p£(7). Woolworth (3) worthn Pump. . wright Aero(1). Yel T &C (76¢0).. Youngstown (4) Dividend rates as given in the above are the annual cash payments based on the st auarterly or half Searly Qociarstions ‘inlauunlher\\lu Hoted. extra Or spocial g are not included. s Paia rate. b = P % % " “ ) % % ™ Wl Ya ) ) a Yo % b this year. no rexular optional In stock. ~ *Partly stock. g8tra " tPayable in vreferred stock. 45 in stock pavable 1 67 in stock pavable 1 or 1y le anthracite substitute were | to | | | | i { Hait16s. ... some in- | | | | | | | Chily Copper 8s. | nelly-Spring 8 Covsaw o BONDS o] Recelved by Private Wire Direct to The Star Ofice. UNITED STATES. 1] (Sales are in $1.000.) Sales. High. Low. Lib3%s... 29 9519 9816 Lib 1st 43 10 10122 101 21 Lib2d 4%m. 133 100 27 100 20 Lib3d 43%s 93 10028 100 24 Lib4th 4%s 83 102 10i 29 US4s1944. 4 10229 16226 US4us 5 10616 106 16 FORIEIGN. 7N Higb. Low. Close | Argen 6s Ju 5 6 6 6K 954 Argen 6s Oct '59. Argentine 6s A. Argentine 63 B. Argentine 7 Australlan 5s. Austria?s...... Bank of Chile 6%s. Belgium Belgium 6% Belgium 7 Selglum 7%, Belgium 8s. . Holivia 8k Rordeaux Brazil 7 israzil 88 Canada 5n 1952 Canada 5%mn 1929. . “nile 7s 1943. . Chile 85 1526 Chile 8 1941. Chile 85 1946. . Chinese Gov Ry ~on I'ow Japan 7 Copenhagen 5% Czecho 85 1951. Czecho &s 1952 ¢t . Danis funic &8 A Dantsh Munic 83 B. Denmark 6s... ... DET5%s Mch '63. DF 15%s Nov '63. Cuteh East ] 68°47 Duteh East | 6s°82 Finland s f 68°45. . Finlands 7s French 78 French 7%s. Freach8s...... German E| P 6% Germania. ... Ger Agr Bank 7s. Ger Gen Elec Close. 99 17 101 22 100 20 108 16 103% 88 46% 89% 981a 1024 67% 101% 95% 45% 464 85 PN Holland Amer 68 Hungary 6% Japanese 48 Japanese 6%48. .. .. Jergens U M 63 '47 Hexico 48 ‘04 asntd Mexico 45 °10 asntd Mexico 58 a nted Montevideo 7s. . . Netheriards 6s etheriands 63 orway bt Norway 6% 1% | Norway 6s 1944. Norway 6s 1952 Puris-Ly's-Med Paris-Ly's-Med i Paris Orieans 7s iveru8s. . Poland 8s vorto Alegre vr Queenslard 6 Rio ce Jan 8s 194 | Rio Gr Do Sul 8s. . Pennsylvania | govern- | Paulo State 8s Serba Crot Slo ¥s Sweden 5% ct Swiss 5% 1946 Swiss Confed s Cd Kingm 5% Cd Kingm 5%s producing | Zurich 8s. . MISCELLAN A Agr Chem T%s 19 Am Chain sf 6s°35. 4 Am Smit & R 1st 53 Toel o | AmEMILER bo. . 4 asi e % : the rate reduc-| A1 & T ol trba.. Am T &L nL5s | AmT & T deb 634 Am Water Wks 53 Anaconda 1st 63 Anaconda cv db ia. Andes Cop 7srets Armour & Co 414 Armour Del 5%4s.. Associated Ol 63.. | Atlantic Refin 53 . - | Geil Tel Pa 58 teth Steel pm 53 teeloiys b Steel s 16 rier H St1sth £k,yn 24 gen b8 Bkisn Bd 68 B. E100xlyn Union 5s. Calif Pete 6%8. @ ) [ RS - Con Coal Md 1st 58 Con Gas NY 5%s.. Consulaers Pow Cuban Am Sug 8s.. Cuba Canecy 78... Dery (D G) 7 Det Edlson & Det Edison reZ 6s.. Uodge wi 6s. Dcquesne Light 68 st Cuba Sug T%8. Eimnpire G & F Tis Fisk Rubber 85.... Goudrich 6'%48. . Goodyear B8 1931 lioodyear 38 1941.. itershey 5%8 iiumble O & R Iilinots Beil 18t Lilinois Steel 4148. int Paper 68°47... inter Paper 65... Inter T & T 5%S. .- KCP&Ltos A5 EepDeuaheo—nn © nefoncec Lackawa 5 58°50.. Lacl G ref 68'34... Lacieae G 5548 52 Liggett & Myers bs Lorillard (P) 8s... Loulsv G & I 58°62 M1d-Con 6%3 '40.. Midvaie Steel 5b. N Y Edison 58'44.. N Y Edison 6%s. .. N E L H&P os. Otis Steel THS. ... Auis Steel pacific Gas & pan-Amer Pe! PacT & T 1st6s... Phila Coref 65 A.. Pierce-Arrow 8s. producers & Rf 85 public Service 6s. . Pub Serv Elec 6s. . P Serv Gas 5%8'39 p Serv Gas 6% "64. punts Alegre 7s. .. Remingtn Arms 6s. Rep Ir & Steel bs.. Sinclatr O11 6s Sinelatr O11 7 Sin P'ipe Line Gs. Skelly Oti 6%8 Southwest Bell bs. Sug Est Orlent 7s. Tenn Elec Pow 6: Union Bag & P 6; United Drug U S Rub 18t rf 6 USSteel s£bs Ttah Pow & Lt § Warner Sug 78 41. West Elec b8 Vertientes Si Westinghot L Willys-Ov 63%5°33. ‘Wilson & Co 1st Winchester A Tigs. Youngstn S& T RAILROAD. 1 89% 94 101% S1% 108% 104 87% 50ty 865 98%; 110% 1 & 0 Gold B&OCY 4%, B&O1stbsct B&Oref B&OSs.... B&OTf tmp # &0 PLEWYV 4 Bklyn Manhat ¢ Buff R & Pitt 433 Can Nat 4%830. lem & { MU EIRy & lstLa | Te: | Wilkes 1188144 | light light, 10.65a11.50: | ners and cutters, 3.35a4.01 Sales. Hizh. Low. Closs. 7 97T% 9iw 8Th 3 95 vTA 9T% Ches & O ov b 217 101% 128 181% Chi& Alton3%s... 2 48% 48% 48% ChIB&QIstrebs. 1 102% 102% 1024 CP&Q-Ilats... 12 83% 8% 83u “ni& E1gn by Lo g g Chi Great West 4s. 26 62% 62% 62% CM&PugetSd4s. 21 Hd% Bé% bk CM&StP4n'25. 104 54% bd% 54% | tP4s25cfs. 8 54% bi% G4k M A St db 4s 24 bdM Hdw Ha% CM&SP deb4s 34cf 70 6% 54 54 VA SiPovima 20 BA% b4% b4 M&SPev 4%s32¢f 10 54% 544 54k M&StPgnats. 15 89% CM&StPri4t%s. 10 6a% CM&StPovbs .. 41 bak CM&StPés 104% Ch1& N W re 9% Chi& N W 648 110% Chi& N W 7s 107% h1 Rys bs. ... 8 ChRI&P gn ds.. 8414 “hiRT& Prf4s. B6% Chi Un Sta 4%4s. 933, Chi Un Sta 6s. 102% Chi Union Sta 58 44 100 Chl & W Ind en 4; 80 C& W IGks €3, 99% ©CC & StLbs 994 Cleve Term 5%s 105 Colo & Sou 4148 947 Cuba R R bs. . 8 Cuba N R 65 66 925 Den & Rio G cn 4 £a% D & Rio G Wat 5 65% Det United 4% “B% Erle 1st cons 5 i“rie gen 4s. €6% triecony 48 A. 694 Erte conv 4s B. 69 Erleconv4sD. .. Bk Iirfe Genessee R 63 1024 la K C 5a " 965 Gr Trunk sf d 107 “rand Trunk 7s... 1154 Great North ba. . 96% ireat North 5% 101% ir North gen 7s. .. 110% Green B & W db B. dud & Man rer o flud & Man aj Gs 111 Central 6%s Int Rap Tran 5. Int Rap Tr bs stpd. int Rap Tran @s... Int & G Nor aj 6: fowa Cent 1gt 58 Kan Clty FUS 43 Kansas City S 3s.. KansasCity S Gs. {an City Term 4s. ake Shore 4s ‘31.. Lehigh Valcn 4s.. Lehigh Val 58 2003 Cent Pac 15t G890, Ches & O cv 4% 0 SENUD DI LT OB e Louis & Louls & ) Manhat Ky cn 4a Market St Ry L i Men 4s Mcn 5s. FINANC IAL. Frisco Advances Federal Reserve Rediscount Rate By the Associated Press SAN FRANCISCO, November —The Federal Reserve Bank of San Francisco announced today an increase of its rediscount rate from 31 to 4 per cent. The increase be- comes effective next Monday. WEEK SEES PRCES OFWHEATADVANCE Argentine Crop Reports and European Buyinq Send Market Up. By the Associated Press CHICAGO, November tional crop damag gentina_have sent kyward this week week ugo, wheat -Sensa reports from Ar wheat market Compared with this morning was at % to 24 decline, o and provisions varying off to 50 cents advance. Sudden broadening out of Europearn demand for wheat accompanied the news indicating that the outlook f a big yleld in Argentina no longer so promising as has heretofore been ussumed. This European 1 was reflected chiefly in pur es of Canadian wheat on a scale that was estimated to be well up in millions of bushels, and that in a few ays appeared to have exceeded the total for several weeks previous. Meanwhile, pessimistic crop advices from Argentina continued to pour in, nd wheat crop losses there were fig by some au les as having reached an aggr of 37,000,000 bushels. With wheat prices advancing Argentina than el credence was given to t reports than have been the case. formation current he of the Argentina crop ened by frost in Septe been further injured c and by persistent disadvantageous 1d conditions most the exact re- verse of what was needed - while, t figures on the pply showed a liberal ir % to 1 up from 30a32 ster vhere, greater he crop dam would otherwise ccording to in a large part 1d been wezk ver and had late by rust o M StP & SSM o, MK & T adj bs. . MK&T prinbe A Mo Pacific gen 4a. Mo Pac 65 44 D | Mo Fac 65 55 a6 64 1014 1015 EE ot notRRnen Chi& s % Y Ont W 1st 4s N Y Rysadjssct.. Norfolk & W ev 65. Northern Pac 3s... Northern Pacr i 63 Jre-\Wash ISt rf 4s vennsyl ger 4148 . ‘ennsy! gen bs. . isy ! 0% '64. iPennsyl 6143 : Pere Mrq 15t 15 '56 1 ist Port RL&D T35 46. 0 G Westclds... RIATK& L 44s SUL IM&S 4825, . St L IM&S R&G 4s. StL&ESKFplasA L&SFprin SUL & S F ad) 6s.. S F ine 6s. SIL&SFpl6sC.. St P& KCShL 4%gs SUP Un Dep a8, ... Seabd A Load) 63. . seabd A L con 6 Sou Pacific 4829 Sou Pacific ref 4s southern Ry gerr ds Southern Ry Ist 53 Southern Ky 63 ct. Lieri Ky Gl s & Pacific 1st Third Averef 4s. Third Aveads .. LUnion Pac 1st 4s. . Unlon Pac 1st rf 4s Cnion Pac 4s°27.. Union Pac cv 6s. . “erginta Ry Is TaRy & I’)st \abash las 7. Western Md 4s. Western Pacific 58 West Wheel & L Ecn 4s D&E 1st 53 CLOTH TRADE EXPANDS. Retail Holiday Dry Goods Sales Re- | . veal Improvement. Novembe: P~ oods w 1 buvers and selling tine the Government before entering late rint cloths were firm. shade easier. Late stati s estimate Japanese production this vear at 400,000 ba with_exports bales to November 1 monthly average of 42,000 bales. Burlaps were v easier in Cal- cutta and quiet here, with little buy- ing being done for next year. Dress zoods were bought lightly for the Spring by jobbers. Retall holiday trade is expanding YOR 2 de in cottor v, with ho CHICAGO LIVE STOCK MARKET CHICAGO, November 21 (United States Department of Agriculture).— Hogs—Receipts, 3,000 he: active: steady at Friday's average; bulk de- sirable 160 to 260 pound averages, 11.15a11.25; practical top, 11.35; few 120 to 150 pound weight, 11.40; bulk packing sows, 9.90a10.40; killing pigs, 1150 down: shippers, 3000 " head estimated hold-over, 2,000 head heavy weights hogs, 11.00a11.30; me- dium, 11.10a11.30; light, 10.75a11.35; packing sows, 9.60210.60; slaughter pigs, 11.00a11.75. Cattle—Receipts, 0 head; fed steers trade uneven: heavies, strong to 25 higher; yearlings and light- weight, 25 lower; spots, more; closing trade on litue cattle at standstill: generally active trade on lower grades; both killer and feeder dealers showing interest; dwindling supply of stockers and feeder: to 75 higher; extreme few above st yearlings, : few above fat cows and heifers, 25 to 75 heifers off most; canners and cutters, weak to 10 off; bulls ilbo\;\t steady: vealel 1.00 lower: week's bulk prices follow: Grain fed steers, 8.75a11.00; grass steers, 7.25a8.50; fat cows, 4.3526.20; heifers, 5 B 5 veal calves, 9.75a10.50; stockers and feeders, 6.50 Sheep—Receipts, 500 head; for week nrouml‘TSOO head, direct and 12 dou- ble decks from feeding station. To- day's market nominal; compared week ago: Fat lambs and vearlings, 15 to 25 { cents higher: feeding lambs and fat ! sheep mostly 25 cents up: tops for mbs, 16.00; week: Fat and feeding arling wethers, § ;| Torrington . he preceding ate nearly | bushels less than was th | vear ago. {~ Corn went down in value as cc | tions for husking and for crop m: ment better. On the o were affected by ength. v the m et declined, sym s and with corn LIVING COSTS HIGHER. NEW K, Novembe e monthly cost of living {ber of the National Industr ence Board was 0.09 per c n October 1 an fc r 15, 1 part the provist P).— ndex num- 1 Confer: in the “ost of livin: since 1914, the Between July, 19 en the peak of the rise in living cost was reached, and Octo- the cost of Uving decreased TODAY'S GRAIN PRICES. ed Press November 21.—Cli wheat market tc s top mc strength delivery, price re th Particular by the July to a new high Season T was the larg nessed in a long w acterized by a general purct movement based almost enti ports indicating substantial reduc ion of the wheat yield in Argentina vhat had been look material by a mode Corn and cats were easy, influenced v good weather in the corn belt After opening unchanged to % high- er, December 75. corn under shade to ;. Later ne decline. ged a little highe arket showed =0 ons DAIRY PRODUCTS. BALTIMORE, November 21 (sSpe- cial).—-Live poultry—Spring chickens, pound, : Leghorns, norc: old hens, roosters : old Leghorn ducks, i meese, ! turkeys, 33: old, 3 breasts, . poor and c 26 pigeons. palr, candled, 6 to pound, 48a32; prints, 44; store packed, 40. creamery, ladles, 43a DIVIDEND INCREASED. NEW YORK, November 21 () — Directors of the Commercial Invest- ment Trust Corporation have in- creased the annual dividend rate on the common stock to $3.60 a share from $2.50. FOREIGN EXCHANGE. (Quotations furnished hy W. B. Hibhs & Co.) Nominal Selling checks dvawe. today. London. pound $4.8606 $4.841; Nontreal. dollar. .. 1.00 ° ... . Paris, franc. Brussels. franc. Berlin, mark Rome. lira. . Zurich, franc. Athens. drachn Madrid. peseta. . YVienna. crown Budapest. crown Prague, crown. Warsaw. zloty Copenhagen. o Christiania. crown Stockholm. crown. 0301 1028 0 1428 000014 % 00014 14 02063 1300 2403 2676 BOSTON, November 21.—Follow- ing is a list of today's highest, lowest and closing prices for the most active stocks dealt in here: High. I ) = ) E-AEEREERISRELEIG N Amoskeag . . Arizona Com Bingham Mines . Roston & Me . Calu & Hecla ) a2 Far wh o ez ez on & Hardy Hood Rubber . Island Creek Isle Royale Maine Cen Mase Gas flower Mohawk orth Butte’ ! Swift Interna’ | e e eSS s e o P s & e e bulk prices follow: 1 cull, native: ing lambs, 14.75al15.; fat yearling ;f;éhers, 11.76a12.75; fat ewes, 7.00a United’ Shoe Utah Apex ah Metal Waldorf . " Watch Waltham Warren Bro 2o s 3 2380538 Walworth S5 38 LR IR NG ERR IREESET! S Biziomo maw roFE 414 10 914 & bushel higher, with corn | SUBLRBAN BANK TONCREASE TORY Chevy Chase Savings Plans $100,000 Capital—Insur- ance Club Has Election. BY CHAS. P. SH! Directors of vings Bank 1y to increase t tzation to $100,0 $30,000 of new ng recet | FF] the Chev « ave voted unanim institution’s ¢ of $10,000 was paid in col the bank’s opening A part of the proceeds fro of the new stock wi ing a modern b bank's property Connecticut street. E April 1 actuated by a rapld expansion of b which has bo , a4 commer of the s compara; The {nstit ard H. J Perry vice presidents president and ¢ assistant cashier Insurance Club Elects William N. P e Insurance during the ens f the additional the e v, John ] Bruce who was ive term The Insurance been existe: 1 to promote a create good wi wheat | equipment t to purch trus ates to enable 4 of new equip and cranes Trading on Local Board. The present ned b, [ higher | fractio ed Guoted for the these issues | | i | | BONDS v and Navy Club mos Club 4 bys tropolitan Club 355 STOCKS ia_Bank Raleigh Washingi BALTIMORE PRODUCE. BALTIMORE, November potatoes, 100 pounds, 2.00a4 bushel, ; beets, 100, brussels quart, 10al bage, to 130.00: arrel, 1.50a6.00; yam: 00; carrots, 100, 4.00a flower, crate, 0a6.50; celery, crate, 00a: cale, bushel, 35a40; lettuce, asket, peppers, 2.50a 4.00; onlons, 100 pounds, 2.30a3.00; oyster plants. 100, 5.00a6.00; pump. 100, 5.00a210.00; tomatoes, 50a3.00: spinach, bushel, savoy cabbage, bushel, 35a50; turnips basket, 20aZ Apples, 2.25; cranberr grapefruit, box, box, 6.50a7.50. a7.00; bushel box. 3.00a4.00; C. & 0. ORDERS RAILS. G NEW YORK, November 21 (®) Additional rail orders this week in- clude 30,000 tons for the Chesapeake and Ohlo of which Illinois Steel and Inland Steel each received 12,000 tons and Bethlehem Steel 6,000 Illinols Steel also got order from the St. Louis Southwestern for 4,100 tons and 2,000 tons from the Kansas City Southern, while Inland got 2,400 from the St. Louis South- western and 1,000 from Kansas City Southern. NEW STOCK PLANNED. NEW YORK, November 21 (P).— Stockholders of Centrifugal Pipe Co poration will vote at a special meet- ing December 21 on a proposed in- crease in authorized stock from. 300.- 000 to 525,000 shares. Of the 225,000 additional shares created, 120,000 will be used to acquire 40,113 shares of the common stock of the international company and 3,110 of its preference shares out of 50,000 common end 7,110 preference stock outstanding.