Evening Star Newspaper, December 16, 1925, Page 29

FiNANCIAL, THE EVENING STAR, WASHINGTON, WEDNESDAY, DECEMBER 16, 1925. ANCIAL. 29 PRICES IRREGULAR | [ NEW York sTock” ExcrancE | INTEREST GENTERS ’E@BONDS@ BIG REFRIGERATOR |CAPITAL TRACTION Received by Private Wire Direct to The Star Office Received by Private Wire Direct to The Star Office. INFINAL TRADING e« s 7 g e, WRALRDADLENS| s oo i FIRMS TOUNTE HOLDS 12 LEVEL 9T 9T D6% O Sales. High. Low. Close. Ad R y 8 1] 58% 58% | Fisk Rubber.... 21 2| 2 Rog Brown Iron 7s. 14 73% 178 38 H = ':?u;fl':’n”xff 4 o (B B Pk R 1ec o () H':: gttt e KL e P e inclatr Ofl g, ... 88 107 " 106k 1:;5‘ R i 5 5 i ; : 112 an H bt .. | E A 1 Heavy Selling in Motors in i Rubver . i° 'y 11 134 [Founaation cay- 150w 13ex 151w 13w |BOND Market Helped by Ac-| Lib2dsXs. :22 10 2 100 0 108 ae | Stnelatr ol 7 st om sax|Kelvinator, Nizer and Grand Potomac Power Preferred Alllad Chem (4). 113% 115% 118% 114 |Foun Frrgis. 85% 30% 85 35 3 Lib 4th 4 1022 10130 10180 | Sin Crude on 100% 100% 100 Sells at 104 5- Utility Bonds Are Strong. —Rai Atsc Rea 93 93% | Fox Flm A 14). 821 2 ion1 i 2 o i ut | Last Hour—Rails Near | Juicth, - st oy 24 BW|Roiiniid 6 i M G| tfoninStooke—Paris | BRIuAlifh Py SEENLREC o LB Rapids Conoern Carry Out | e AmAgChempf.. 81 81 Z80% 80% GubrialA(i334). sest ol South Beli T o1% | Top at Finish. AmBuakNTRe S i Cam o [GADCIAGSN). sex s wgu o Issues Rally. FOREIGN. SoTormicosugiv. § 10on fobn fotw| 910,000,000 Deal. |Am Bank N (18). 210 210 213 25‘3 Gen Am Tnk (3) 55% G55% B3% bdla PEARIIR. i Hixh. Low. Close. | Southw 1004 100% 100% Sl ST vAm Bk Nopf(3). 56 68 ;.“ ’m.o-nuphm . ®8% 68B%a 66% 66% k 2 ae aenliaan 1025 102% 102% | AR 3 e BY STUART P. WEST. .;:;: g;:gnxm‘ :;‘1 fi’i e gx&-nn v:( 107% 107% 105% 105% BY GEORGE T. HUGHES, Argentine6s...... B6% _ 86 108% 1083 10814 | BY the Associated Press. BY CHAS. P. SHAEFFER Special Dispatch to The Star. |AmBrakesSh (6) 152 133 151 1514, mn’r:e,u) ;gg- ;gm ;?:A :gg Special Dispatch to The Star. Argen s 96% | United Deas :g;»_‘ :35“ {xgm EW YORK, December {Iulecfriiac":l _Today’s market on the Washingion NEW YORK, December 16.—The/Am RrownBov.. B0 50 49" &0 Elspeo 600 114 114 11% 11% NEW YORK, December 16.—The | Argentine .14 96% | US Rub 1st rL 6s.. 105 91% 90% 91%"""" $10,000,000 merger of e! Stock Exchange was orderly but firm market closed today with active buy- | Am Can (17).... 261% 263% 287 ?N‘ Gen Motors(112) 114% 114% 111% 111% | bond market today Argentine §s B 264 | 17 8 Rubber 7 q 074 | refrigeration companies, through the|The so.called popular list alone : - y showed marked im- %, 107% 1074 1074 | alled popu g in the rails around top figures ot |Am Car&Fdy(6). 108% 110 108% 108% | Gen Mot pf (7). . 102 UBSm-lnr 3 o Electrical Re- ! torested trader: @ es. in the the same time thas heavy selling was|Am Chain A (2).. 2¢% 24% 24% 244 |den Outdr Ady. ‘}_,:}: 1;:", b ‘;:“ provement incident to greater ac- roAl el 3100 100 100 | organfzation of the Bilectrica terested traders, but sal E i : DR 2 : : e Eoing on in the favorites, like the[AmChicle.....] 58 83 52k 52K |GenOutdrA(4). 02w pon 5o coe | tivity. 1004 | Utah Pow & 1 doni Lot “‘ffll"flm" Co., which will take over | main. were confined to odd-lot trading motors, of the early Autumn cam- hiclectfa... 514 81% am 6::: QenPotm (3)... 544 54% 6% b62%| The grade of security in most de- ]gg= Vertientes Sug 78 90 90k |the Kelvinator and Nizer Corpora-| (Capital Traction stock held its strons paign. There was a definite check in 3 L) et a7 |GONRYSIZ ML 744 T4 T4 TAM{ 1and was the middle and second | 32T of Japan 6a.. i Warner Sug 7s'39.. 6% 5% | tions and the Grand Rapid Ridge Re- | level of 102 during sales of 50 shares . o ] 7 37 137 et = ) 5% 854 the selling of francs and French . 137 13 Gen Retrao(: 4T 41 41 4T S : Belginm 3 West Elec bs. 3 100 100 | 5 v a g ¥ 24 o g a0 fonds. Wheat recovered after an|Am&ForPow... 44 44% 43% A3 Gimuel tron ... 75 16 75 15 | Erade rails, such as Kansas City | poifi0T 08 ” 924 | Westn Union 61 100 190, |rrigerating Co., were announced bY with Railway preferred als 1 % AmHide& Lpr.. 61 61 61 61 |Ginpersjicn 0% | Southern 58, which had a sharp run | g % 96% | Wentingh et 1067 bankers here last night changed at 90 for odd-lot s carly spell of weakness. but cotton | AT Hide & L p 1 B 82 GO 50% n d eletum 7, nkhouse 7 105% 106% | i ot e dowi )...... 133 139 187% 187% | Gliaden (2). . 5% up above 93 to a new high. Other 2 109% | Willyn-Ov 8t e - " It is understood that Kelvinator and | Way common, while inacti waa lower. ) AmTcopf (5.0 '8 8415 B4 84| Gow Dusi, | on o e 2% ponds of similar status, such as 107% | Wilson & co e o8 N il e i e 5 “bid.” with the security held Day's New High Marks. AmInternatl.... 434 44 4B 43| Goodrich Ru'(4). 63 6w 63 63w | 'Vabash Dlis, New York, Chicago 7 1077 | Winchester A 7 4 2 points higher. Potomac Electric Power There were mew high records in|AmLaFran (1); 18% 15% 15% | Goodyear pf (7). 104 = 104 = 104 = 104 | and St Louis 313s, New Orleans | gopi i/ 9% | Youngatn § & T 88, 11 . |into the stock of the corporation,|preferred sold at 104% and seem Atchison, which was actively bought, | Am Linseed . BB Sj:j- fl 2:“ Gotham S H21¢. 40% 40% 89% 393 | 1°Xas and Mexico 53)s and Southern | p, g00,x ¢a. 3% R2'% 83 while the Grand Rapids company will | 1ain to attain the goal placed for it s rossing 131 on talk of Increase divi-|Am Lined pf (7). 881 KBl 8R4 REH|Gotham pt (7). . 101 101% 1014 1014 Ratiway ‘general ids, Rrasfl Ts...... €0 RAILROAD. be taken over for a cash considera- : ¥ i dends, either in cash or in stock. B.]Am Loco ($18).. 120 1204 119% o | Gould Cou (2) 204 2015 | Around their best prices. Brazil 73 g 1054 | Atchison adj 4s. ... u. 5 2 { Interim certificates for this stoc & O. got above 94 for the first time.|Am Metal (4). 53% 537a 63% B3N ..., o0 21% 20% 20% Northern Pacific 3s and prior lien | meqyq g 204 101% | Atchison gen 4s. . . 4 | tlon of approximately $8,000,000, part| biought 1037. Twenty shares and Chesapeake and Ohio shares|Am Radiator (4). 113% 134 1146 1148 | v Norennf 8+ 803 82% 80 82 |35 were both actively bought and!|mgnyas gu 19 100 [ Atlantic C Lol 4s... : |of which will be raised by the sale|Merchants Transfer and rag teached new fop figures, as did Nor |Am Repubfic. ... 4te T4 T4 T4 |Gt Nor Ore(1%). 2 96 204 06 |fractional gains were established by | <anfal o8 000" """ 2 Atiantic CL 1st of debentures, and the balance will| brought 135, and National Morig %lk una Western. The stock of the (AmSafety R (5. 624 624 58% 60 | .irt Vuwtn o as 964 95\ U6 | Southern Pacific refund 4s and Ore-| AinlGm %0 gy 3 AtlanCL 43 « | be financed out of cash in the treas- |and Investment preferred Northwestern carriers was cnergetl-|Am Ship& Com.. 6 6% 6 6 |Guantanamo 5 6% gon. Washington Railroad and Navi-{ aantal 3/ res 2 Atiantic CL 3 106 |ury of the new combine. stronger at 9i,. Sy bought. Great Northern prefer. |Am Sm&Ref (7). 133 133 131% 131% | Gulf Mo & Nor. . ¢ 86% gation 4s. United States Government | anile 7 1943 9 . 3 9% When completed, the new corpora- | Bond trading was restrict 1ed. Chicago Northwestern and North | Am S& Rpf (7). 113 113 113 Gu M & N pf (6). 102% 102% 102% 4| bonds were inclined to sag. : 2 % | tion, the bankers said, would com- ity issues at strong levels “in’ Pacific. Pennsylvania, Southern |Am StlFdys (3). 43% 4%% & Guif States S () prise the largest independent manu- | Traction Gs sold at 99, with Railway and Erie were also selling at | Am Sugar (5 76 76 _ 78 o o . 2 facturers of domestic and commercial | 68 of 1813 selling e We >4 Am S 1 101" 101 ; Ses : : 5 tionally b Gas o s B R \\\l:‘ler"&.lef:;‘vficr{ Am oo - hlauk Hayes Whi 163, . b A4k {ERRnmecests. - 52 : “hinese Gov Ry is. ¢ Y 99% 4 ] ¢ b e I e e e Rorkc Island Kangas Clty o0 Tela el (57, 1044 145 1404 Hoe & 0 A i4) s { Phillips Pet (3). 14 | Christianta 6s 99% ¢ B&OPLEWY s AT L e 2 leaie of. 32600 tetey 2 and New Haven ) e el A mimotacha () | Household (313) g g 46% | Plerce-Arrow. Christiania 8s. ... . R&O Sw DIv 58 cf| e T ock of the new corporation willy 53¢ O S atesrionn veasons to account for the rise In the | {0 Tepaces (- 18 1180 118 touston Ol 694 | Plerce-Arrow p Con Pow Japan S ny smatu 1| be inwugurated on the New York |l s made at stocks beyond Wt Merdinary earn- |Am Typ Fdra(8). 1234 123& 1214 Howe Sound G 27% 2% | Pierce OIl. . Covenharen 5% 9 o] o s 2 ; L s Reclon twe, a Record Trafiic Explained. all along-—that s, a0 Am WW&E T Hudson Mc (2 5 34% | Pierce Petrol 7 . $ b B i 874 S O o2 Heavy shipments of grain anc ings. prospects :,‘fe;n::.mmhx:ac"r:n:‘o‘s AR L Hudson Mot (37, . S8l BreccGear: s :':fnfmt;;;n | new corporation will be announced | z of stain and and anticipal gers. o~ B Ca 9 dent that speculative pr from the products, coa : e, m Am Woolen...... 421 42% 41% Hupp Mot (1)... + 26' 26% PittaTerm Coal. 59 19620t . Canads Bortin o 5 i:“‘;o‘r’)‘!‘:"““’h);‘,‘;’“‘ e S o rmizl! e produc ’ o trading of September and {AmZinc.....ll. 91 9% 9 Ulinolx Cen (7). 125 |PretaUtpt 129, et Danfsh Muntc 88 A 6 1104 Canaa North 6348 Nizer . stockhold Glready have|4re lsted by the American Rallw: Oftoher wwera being put into the rails. | Am Zlnsint s ston 11 Cent pf (6).. 135/ /[Pt A iVent Va 120 Danish Munic8s B. 6 9. | Canaa North 7. Al agreet upon thela e e e s Assoclation as reasona for "recort nacondR (2). .. . ’ . , . e 2 Canad reight car loadings totaling 1,020.87 Motor Shares Decline. Archer-Danieis 4% 408 [ hs=s : 3ote! Press Steel Car.. 6044 g e Teiee e Ui b O e . | corporations. and the Grand Rapids|curs during (he weel cnding Dece stocks like Tludson, General Motors. | Arch-Dan pf (7). 1037% 104 103% ndtan Refining. 1 11% | Pr St Carpf (7 . > Dutch East ] 6s°47. 3% | Car Clinch & 0 6 ontal ot e bl s R e s ok K I aneral Flectric were |ArmourDelpf(7) 874 971 974 Ind Ref pf (1) 105 | Prod & Refiners Duteh East 162°8 3% 1034 | Cont of Ga 6 e S R tils is the frat time Chrysler and General Flect ArmourIITA(2). 2415 24% 24% 3% | Producers&R pf. 2 : “ | Central Pacific 4n 4| b e cabinets in which the elec-iin history t i of revenue ole down as the rails went up. The | Armour.Til A( AR o *| inland 8t (234). 5% | Erodiosrsb R s . €l Salvador 2 cific 4. 9 ‘ trical refrigeration units are installed. | fraight fos 1 { i O a4l very little and the |ArmourTll B.... 17% 17% 17 Inspiration’(3).. 26% | Pu : o Finland s f 68'45. . Cent Pac 1st §; T i I e R Arn Con & Co.. 144 14 o % | Pub S NJ of (7). 103% e 90% | | — — « after Thanksgiving week.” & oppers 1 . Inter, < 29 i “ | Ches & 0 cv 43 . ars a giving same was true of the coppers and i, congcoctrs. 14 14 14 e o . 1% | PubSeE&G DS 99 100 Slenanie 3 Ches & O oy e 3 g e assocfation made public these fis sugars. i | Artloom ( . B7 b1% 57 I % 214 144 | Pullman Co'(8). 1611 16415 “hi & Alton @ o Washmgton Stock Exchange | u:: The high estinates on the new 4 HEa- } nt Bus Mao (8) 3 304 _(vh,&M,"J"H_"c’";_’ - SALES. 9 { Coal loadings, 191,821. an 4 s argely L 86t Int Cement (4).. s 69 297, Cuban -sugar cvop, while largely dl St(6).. 101% 101% 101% 5 c‘in',"':": p,(;). 5 108% 297% ChiB & Qomtsh s| Gapital Traction Se—9800 at 89 |of 19,542 over the precedt v Je low prices for these i ! e 3 i Soaraed core suficient to prevent any | X LB o e Int Com Ene (2) 63% | Radlo Corp of a. @y a2 P S LU 5 ChBEQ It rets o 0 s sapaineon 6 B 195928100 at 101 % | grain ‘and grain p. p 46 P lcB&q 2 3 W on Ry, {advance of 10,8 Sl | Rtanison iy - asdi msesciig0 Inter Har (5) 128% | Radio C pf (3%) German T Q-Tlldiv 4s o4 S8BInEton Rws. & Elec. 45—$1.000 at (0% es fo | y * | Inter Har pf (7). : 119% | Ry 8t1 Sp (110). 173 Gt AErBack 4 Chi&ETgn 0 L R S l'\(he AT nder |Atehiron pf (5).. '96% 96% 96 Int Mer Marine. Ray Cons Cop... 126 Ger o Eleo Ta. . e 3 5 ‘3‘1'0‘-';’.‘1.3’1: e Pow, Bhaos 2 Tod % 5 \rwthed ;1‘1‘0)\ ‘\Au;kiluvrlgec«;ll\w Detrott. | A1l (‘3:::(% o o-;.. s‘;,‘: 254 Int Mer Mar pf.. 42 Reading (4) 2 4/ CM & Puget 8d 4s. 52 | Potomac Elec. pow.'ptd. nt etf —7 at S e of "”‘f':‘ 1 huying w W 4 L . 259% 2 < : 9 ~M& St S < ) 70 a gain of Aloo hore were new Highs in Weber [aticmt w1, o2 stk ol Int Nickel (3) Reading rts : ! At E ar nt Paper. Reading 2d (2, A %l OM & StP 4% vashington Rwy. & Elec. ptd—1 at 90 K, 36,683, an r 02 cars e 2 5% e %25 ¥ 8 a stock, 36,683, an increase of 7,102 car: & Heilbroner, Montgomery Ward, | A+| Guif&WIpr.. 64% b4% B4% ::ll‘- z i @) tP 4% 25 cfs. : 8 at N | American lce. Crex Carpet, Atlantic Refining 109 109 107% = b Reld Icm Cm(3). 59 9 S 9 CM&StPdbds.. 3 aler Linotype—30 at 102 ! : 1 9 109 IRt Ry ContAmn, k: Robt Rels & Co. ; Y : . St e Mige &RRpie 280 % | 5300000 Transferred to Surplus L i B Moo g A Tack o T I Int Shoe (6 Remington Type 4% [ C M & StP gn 48 ‘89 17 . AFTER CALL. | Directors of the American Secur Fleischmann. American Bank Note, {Austin-Nichols.. 29 —20% 28% Int Tel & Tel (8) 2 Replogle Steel. . Tapanese 4s. 2 e Ma SOy s 153 ; apital Traction Ss-—-$500 at 90 {and Trust Co. yesterday voted the old_stock;_the insurance shares | Austin Nic pt(7). 93% 931 934 T ) B i el 80% Taranese §% CMEERe et b ton Gas 89—$5,000 at ¥8, 32,000 | transfer of $300,000 from undivide: e o {AntoBeles:- U ‘ vevnnids Snrnes 3 % 8 CM&SLPrfals. 18 * Meren Franster and. Storaze—10 at| PTOMtS 1o surplus, making the latte: Steel Stocks Slow. ! Bargwin L (7 p Iswelden est o Rey Tobac B(4). 95 2 . s 3 155, rase—10 at|,ccount total $2,700,000. In addition s S 5 | Balto& Ohlo(5). 927, 941 82 Jones Bros Te: - 5 5 Marsetlle 6s. . ; caapeake “and Potomac of Va. Bs—| the regular quarterly dividend of The steel stocks were held back in | 7 " Zordan Mot (3) . X o ‘Qiasntc 5 % 2% At 2 04t 1041 1 52000 at 978 | e et e capita the market of the day by the state-| B3 & O of (4). f!" ST ' | Jones & Lau (7). | 5 Moxioo ds ‘04 asntc © Chi& NW gn 3% S sbivejos iy & Bl 3td_5 ax'90. | Bot ceut wun declared on tho capit e . e | Chi& N Wref g8, . o | Cabital Traction Co—10 a3 10% | stock together with an extra of 2 pe ments in the midweek reviews t_h.at BarnsdallA (50¢) 27 2 26% | KCP & L 18t (7). Ln:;x::#:"!‘ 96 | Chi& N W 6% Money—Call loans. 5 and a ver cent ! cent, both payable on January 11 the price H(\\uu()n nm:"x‘ulvl :‘:‘rl;;'-‘o‘jm | Beech-Nut (13). 9 G Kan City Souta Y §:L San F pecs) Monl-vld.: - ot - I Chi&NW7Ts.. ... ° Y B Bid and Asked Prices. ! This institution is on definite " 2 ge reported 0! s . . 89 s s = = 7 = Jasis 2 per 1 ‘;t‘l:pqrgs"unr‘h nged from a week ago. | RelAIng Bros(3). 4045 41 40% 41 |KenCSopf (4). M | St (. Southwest. iy i Rvs b8 BONDS. Lasis of 12 per oent but has pe oved sl Rethlehem St1.. 485 48% 47% Kansas & Gulf.. StL Swn b (5. ChiRI1&P gn SN T per cent regularly for several vear “'he: railroad demand increase Beth St1pf (7).. 101 101% 101 Kayser J (3).... - A Jord 6148 B RIRT&Prt 5 ITY. | an extra of 1 per cent being disburse: ciently to offset reduced buving in oo 0 b Sles e el 6y + | icelly-Spring. . vAg® ATIS... S ‘ Norway 6%3 5 : i lFMTH&SE A n Tel. & Telga. 4 in the Summer, foliowed by a vea other quarters, but there was no in- RSk sk y-Sprng hulte (43). 3 end 2 per cent extra paymen l“-- ) . Amecrican Tel. & Telga. 4 0 k & Botany A (4) 4% 4l 41 > 1iy-Spring pf. Schulte pf (8). 4 Norway 6s 1 . Chi Un Sta 4% " 4 b Tel & Tel. cil. dicatlon, as there was (W0 vears 480, | orjgeadre(1%)_ 534 D3 326 82% | Relly-Spring 1at Senboard Alr L. e 7| Chi Unlon Gta 5844 5 1005 1003 1004 | Amscostia & Potomas : Bt Joins Local Brokers of buyers being frightened over British Emp 26.." 9% 9%~ 9%~ 9% | Kelsey Whi (6). A Norway 631952, .. : Cni& W Ind en 4s.. 10 Ana € Potomac ruer oS y ; possibility of diminished supplies. B R e I L TR gl SesbaiaieLat.. Orfent Dav deb €s. 6 | CaWIske 63 A . & P Telephone 5% es Hanson Lemon, fo CLOSE 1S TRREGULAL. e T B L e T O 2% | Sears-Rebk (). : 28, (Earle Ve e Ts 3 3 ; il Traction BOR. 85 ted with the New York offi E s Lz = 3 E 3 & Suburbun be s & 99 | Spencer, Trask & Co., has joined the —_— | Bklyn Un G(t11) 864 86! 86 864 | Kresge Dept 8 3 2 P i 69 Paris Orleans 7s... - % A " :’olm‘n’n‘uwflen l; o 3 ng force of Irving & Joh: Heavy Selling in Industrial Shares|Bkiyn Unlonrts. 7% 7' 6% 6% pactede G (110). L i m,! 5 ! s | Boiomas Eiec. cons. e igo** | son. Washington representatives Turns Market | Brown Sboe (4). 126 126 126 126 | .qTre& Rub.. 1 %4 | Sheit Tn (1.40 5 a o 25% 25% 77, | Colo & Sou 434, ff‘ B e e Bl b 5 ; | Brumswicx-Batk Sui 308 30 30 Hiyghnmankictis i 39% Shubert Theatre 54 “uba R R 63. ains Al & Vit gat 42 Address Pleases Bankers. SEW YORK, December 16 UP.—| BurnaBre (10).. 126% 127 126 1264 | [ohigh Val (3%) 85 ot Ay, Bi% 31 934 |Cuba N R e 33 93 W 93 A% | The closing was irregular. Persistent | Rurns Br B ( 5 86% 86% Tepott& M (14) 584 SIIBETIL () 2 - 2 > ernity selling of influential industrial shares | BurnsBrof (7). 97 97 97 t,:'& My B (14). . 74 gty £ 4 Del Hud cv 53 '3 |10 4 o asn : ! -uuh siven an mlellcd \\xéllm at a cventually led to profit-taking in the| Bur Add Ma (3 92 92 N% % | Lima Loco (4) 684 Stnclatr pf (8) .. Rio de Jan . 8 9 Del & Hud 5%s. 3 | Wash. Rwy. & Ele i 103" {niEhL \\I.H\’v Howard Wol f:s cashie ¥ yad £roup after a number of ad- | Bush Terminal o2 21k Cromiano (3)... 27 | Skelly O (3). .. 3 | Rio de Jan 88 1947, 1] o Den & Rio G cn 119 83 s AN e of the Philadelphia _National Ban dftional new high records had been | Bush Ter de (7). 89 8814 Lorillard (8).... 35% 5% 35% | Si08m.Sheff (8 : Rio Gr Do Sul ‘ | DERIoG TR ek | B e Sdng o gay|Aooreset. anproximate A ssive bidding for | Butte Cop (500). X 3 5% 231, 23% ) 5 ! Sao Paulo 1936 3 Erix 15t cos : x| kot Joint Stog }.n Bk. Bs.. | sentatives gathered at the season’s i arked up. Aggres g = Louis Gas A 1.76 “ South Port 8 ( 1 " Eri pr Riggs Realty 8s (long) o itlal forum dinner, held by the fock. Island continued, carrying the | Butte&Super(2) 16% Loutstana Ofl. 0 17% 17% | South Pae (6). " | 8ao0 Paulo 19508 Erie gen 6 g | BIEES Realty 6a, (short . S RH iner el loca stock-up to a new high peak at 561;.| Butterick 243 Louis & Nab 144 144 |Southern Ry (7). Saxon P W1s..... 2 “rieconv 48 A..... olthern Bidg 638 - chapter, American Institute of Bani : | Waen i, Cold Storage G S. Cast Iron Pipe fell back 7|Byer&Co....... 34 B4 Cudlum (1) s¥% 55% 56 | south Ry pf (o). 3 9 Seine Deptof 7. .. Erteconv és B D | Wandnen Pazk Homsl Teor: 1053 ing. \,um(q and Chrysler 6l2. Sales 1\»-“:.1 Packing ( 130% 131% 180 McIntyre P (1).. 21% 21% 211 | Spear & Co.. . - : % s.: '?n““ 8lo 53:2"?:,‘.:}-’.. 2 8 PUBLIC L‘r‘u.rr\' ’m[\lex.‘-}» \\.‘4; Aa‘to(ur;\a[“-l; :l‘o“f);]-_’,‘.r(,,,,; roximated 2.200,000 shares. Calif Peint (2).. 81'; 313 30% 20%| meck Trucks (6) 214 209 2093; | Spear&Cont(7) A Solses Irie Genessee R e % .- {American Bankers' Association. s 105 sl”fw".é,'(‘,‘i 5 F 3 5 2 Washington Gas 7 {was brought here primarily to disc The Washington banking fratern: “allahan Zine 2= e e Taot. 106w 5 |Calumter(13). 18 18 13% e R : : s Macy HR & Co.. 104 104 104% o # NOrtolit & Wasn. Steamboai 300 |unprofitable bank accounts and i 1461, 14 14 31, El pt (4). Pot. Elec. Pow. pfd. 75 e Markets at a Glance | | S0 Peitcnine: 1865 165, 168" Yoo | Magma Cop 03 a2 B | O T (6 : Swiss Confed 55 T Trunk sf ab 6a. 7 HEL s 8| suggest remedial measures hpt.. 162 102 102 g | Mallson s Co. .. P St Ofl Calif (2) % | Ud Kingm 6% 29 Arand Trunk 7s.... 10 Wash. Ry & Elec. Co 2 | Mr. Wolfe, by erenc g.n 'll:.h:: rv 15% 19% 119 Manat! (6).. " 89 s{ou‘u ) ¢ U4 Kingm 63837, 3 Great North 5s. Wash. Rwy. & Ziec. pid N institutions which carry CEW Y < S 2 A El1Sup(4%) 4 b2 Sl 5 ‘ v [ ‘Gru(Nor'.hE‘i!,. 6 3 1 NATIONAL BANK an actual monetary loss. NEW YORIK UP).—Stocks irreRUIAT; | cent Leather e 65 65 6di Man 1 St 01 NJ pf () ) Ud Steam Copen ¢s : et et F Bonds firm: railroad issues lead fd. "c"“‘"ga';":"s’)’ o e i M |MantaElec (3. 32 | B1% o i Aol MISOELLI\NEOUS' Havana ERL&P 50 Sinimerciat T | He wisely refrained, however, from vance. Forelgn exchanges steady; {gote Do 00" fold roue oy 3| Maracatbo Oi. .. 25k 2416 343 SLemSENATS) D Am Agr Chemos.. 2 102% 102 52%, | Farmers & % 3 | stating the exact sum to be deducted |rench francs recover. Cotton lower: | CE7iAllToN o d6 X . 574 Bt denaker (18). 8 Am Agr Chem 7349 9 163% ) 74 Federal-American ...\ 220, ltrom unprofitable customers <pot houses selling. Sugar barely | ol . 5 9 : : 28% ! 3 . Chainof 64°33. 81 95% 98% 98% | [1] Cent ref 53°55. % | Lincoln 3 “:1 I month, stating each account shc D o ommnitatan Bjss soiling. Got | o “Ph".)”' Toge 120 1aom Martin-Parry () FlN :"D’S:lfl(-x.)snh . A CPt& R 16136 12 99% 594 9 Central 5% 3 2 Natlonal Meirupolita ;7 | treated individually and made to st Yoo exsier; lower Brasilian market. | ot oaCroe s%s. 32 . Mathieson (4)... 97l 97 ga |gun ¢ - 5 e e s 107% | 121 C-C St L&A 5 o8 g e on_its own merits O HICAGOWheat fiym, despite| SsslOD(E3). 12816 130 127M MAy/DERUSE ()5 138 136% 1374 | Superior Ul 3 Am Bug ret ¢ 8 108 102% int Rap Tran b3 “ et 3357 | The speaker asserted that su bearish official Argentine estimate. | Gpi g Alton pf. W14 1% i (R B 22, | symington 433 AmT& Toltr & 7% Int Rap Tr 6 2 . 66 TRUST CoMPANT. | charges do not tena to drive deposi Corn barely steady: good weather.|Cp; g East Il FYRETY steodpts . Simes AmT&Toltr 160% Int Rap Tran American Security & T: * { ors away from the bank, as is the re Cattle steady. Hogs higher; good de- | Cny g Eaat Il pf 47% 48 47 Mexican Seabd.. 94 94 9% 94 | Tenn Copper (1) . AmT&Ts? % 9TH int Kap Tran 7s 5 89% | &gatinental - - g 381 |son advanced by a majority of those mand for medium we\ghm E 118 2% 2k | smiCep(R). - U1 ex28Co (3).... AmT & T deb 63be. % 103% Int & G Nor 1st és Serchants .. 5 U5 _|inatitutions not following the practs 3 Aid-Continnet.. 86'% Tex Gul Sul 18% Wia 63, 964 Int & G Nor aj 6s.. 5 tonal 2 . 5a9-- | but. conversely, actually stimulates 27 8% 17 Mid-Cont pf (7). 94 Tez & PacC &0 Axg wetas e ks 3 Ine\\' business acquired through the s 1014 Towa Cent rf 4s 204 | \ASEnkww STOCK | Chi M1l & BtP.. . 4 9% Midale Rintes. .. 1 e & Faciflo ‘Anaconds 1. g e C o isincs WOULD INCREASE | ChiMn & BtPpf 19% 19% 19 B é 4 ! ot Tr. § | Anaconda cv . o }fnn City Ft 8 Ll € L 2 knowledge that the bank is doing it —_— |Chi& Nwn (4).. 7B 80% 78 Epama e B e e e Andes Cop 7s rets ol Kansas City 83s.. | Co : - .. | utmost to properly protect customers s | - i y ur & Co 418 20 KanzasCity S 2 3 at W ngton. . =i sio. |interests. Automat Lunchroom Owners cmlcmgfl\.:‘gr(:n e o };g Rari e | Sy Ariour Del 3. . w94 Kan City Term : : : | Other speakers of the eveni NEW YORK, December 16 (P).—| (7). 97 | Missouri Pacpf. 9k e aamacEd "5 %% |BeliteiPassC 100% 100% | Lehigh Val 68 2003 101 FIRE INSURAN | ers’ Assoctation; Harold W. Homn & Hardart Co. owners of &iGMBtE MO 5 o s o ¥y 5 Nuni 43.. 3 3% 984 | americar ....... chairman of the forum committee; I bd Mont Power (43. 81 80% 8 .. 3% Louis & ! oh chain of automat lunchrooms, has|cC StP M&Octfs. 56 Sfont Ward. 8% 2 54- Tob Prod A (7). e CoilaE N 104 | 3 - S fptmag et icommittesisy 2 2 TransceucOfl... 2 i e Louts & Nash 5 5 107% 2 2 : %7 lumni association of the chapter. and A a special stockholders’ meeting | C StPM&Opf(5). 115 & - Beth Steel s £ 68. .. “ | Lou 7 : i .. | alumni associution of the chapter. an ;fix]'lellar:"*r"r ' o vote on a proposal | Childs (32.40)... 64 :d’:t:u; Z:x;:)'f . 3;:3 3 ";(, 7-‘13 | Gn Bag & Paper. 7 8% 2% 73 | Brier H St 1st 5% 101 Loyis & Nash 7s. 105% s o | R. Jesse Chaney, president of Wash for changing the present authorized | {ChtieCop (234). 84t adt 24 Motor Met (3 &0y 4174 415 415, | Union O11 (1.80). 36 86% Bklyn £d gen b3, 102 | " s mitia / | ington Chapter, 2 an Institute of 10.000 shares of $100 par 6 per cent| or 206%_206% 194 __195_ | yoton 0ot 0 G008 3015 S04, | Un Pacific (10)... 150% 149% Bkiyn Ed 68 B 1045 uanhac Ky cn es.. 5%% 59w | COUMNLCHiTue 5 . king. preferred to 100,000 shares of $100 par | n.:' e pf pt‘?fl".“mm 1gew :05 106” | Munsingwr (8).. 3851 3515 a5y | UB ;-clkflc nt((‘d) ;;4 79;"- Bush T Bldg § 136»' 35';7%3‘: 9 9814 e i - 7 per cent terred. If approved, CCC&S!L(O) 194% 194% 194% 194% - 2 5 5; | Un Tank Car .97 Cen Leth o 3 3 Sees ! directors have authorized offering of | Coon-Cola (7). .. 148 148% 147 145 | 1urray Body T 10% 125 | 0 i Carpf(7) - 115% 11547115 Snile Copper 107% W &St L 1str d Q;,’;,.Sfii' "TPane. & Sicrage 0 >WILD FLUCTUATIONS 18,000 shares of new preferred at par | Col Fuel & Iron. 28' 88% 88 38 | Nash ot (116). 450 450 450 | Gud Alloy Steel. 29% 29 ol Gas & El 5 o 100% M StP & SSMcn 53. 9 9 ¥ f"ii'."l"a"’n':‘-'i?.?‘ £ 5, | 7o all stockholders, each share carry-| Colo Southe 68T C6% 6B% 66l Nashpf (7)..... 106 106 106 | graClgar(®3%) 4 104 1014 4| Col Gas & El 68 sta 100% 100% 5 - pfd. ing right to purchase one share of|ColG&E (2.60). 834 83% 32 i | Nash & Chat (7). 191 191 181 | Utd Cigar Strts. 16 15% 1 Commonwth P & common at $60 until March 1, 1917. Col Carbon (4).. F9% £9% Nat Acme (sta). 10% 10X 10% | i’nited Drug (7) 1504 150 Con Coal Md 13t 6 . Fom) Cred 1%y B2 52 46% '\\-‘t’é’f‘"fl‘(:}”' 71 gL | piewann 2 y & Con Gas NY 6% o : : : Com Inv (3.60. 7 76! Toks 4, Nal oal L (8 2% | Utd Papba (50¢! 3 3 Consuiners Pow % 6 v. 12% extra. i CALL MONEY EASIER. IC‘,m Bolv A (4).. 12 ,E‘ Nat Dairy (3) S 7 Zg:: Utd Ry }nvual. \ a2 26 Cuba Cane v d Is. 13‘-’;: 2 = i) | Crop Repurt From Argentina ¢ YORK. December 15 (#).— | Com Solv B.. 123 A . 2% | Utd Ry Inves pf. Guban Am Bug TERM : Call money ¢} 4%, | Congoleum (2} . 5 2 U 8 Cast Iron P. 3 Denver Gas bs. ¢ 934 | Mo Pacss 1945, 4 90 SHORT-TE: SECURITIES. Cause of Heavy Selling and Clihoney el offered at | Conley (sta). : u g(l:)x P‘nf 17‘:‘. Dery (D G) 7». ggz Mo Pac 63 49 D. 2 % 102 (Quotations furnished by Redmong & Co.1 i 2 o ¥ Sy 3 3 1striuty s K | . .t D 2y | emesicien NatLead (3).... 163 U8 Brpress. . A . 105% Montrl T 1at 6 % | Adirond, P. & L. C. b lcagoibit ns_steady. | Consol Gt 4| Nat R S 5 3 [ 7 sas > 8 y Mex 18t. Ti 105 N O Tex & M In bt | Alum! ‘Co. of Amer. T3 mlx!'g‘ & »14|‘ crad e s s “ st m":;‘lhm 3 NELEy ek 3a.. " ol 102% 102% { NO Tex& M 68 B.. 5 Amer, Beét Surar de 1 months, 47zad; | P2- | Consol Tex NaeSpnly (3).. B6% Realty (10). 175 4 " INOT&MBY 1 2% | Anaconda Copper s 1026 per, 4% { Cont Can (4). 1861 s Nevada Cop (1 135 RUDDSE. . . .0 113% N Y Cent 48°98 5 5% | Associated Oil 6s 1835 . ... . | Cont Insur () S NOTex& M (7) 1334 Rub 18t (83 5 104 N Y Cent deb 48. ... 4 Baltimore & Ohio 8s 1020 . B ;8 - 2! 2 2 o - - - B = Bethlehem Steel 5s 1 TODAY'S METAL MARKET. |ont Mot t0e) Fri NY Atr Brake(s) 371 56% | | § Smelting(3) . Goodyesr § 109% S L Centtbes. 18108 21 | Lothishers Steel Be 1933, 8 uUs Ia & P p! & P p! [ETSETS e = 3 gt o m gt we INWHEAT MARKET S S Yore 104 vashington Market.. eBelmmBlianl St | By the Associated Press | CHICAGO, December 15.— Wheat | underwent a sharp setback in prices | today as a result of ral selling on account of the bea character of | the complete officfal crop report from | Argentina. This report, received over Jnighl was greatly at variance with | assumptions due to Government fi ures yesterday from only two Arge: { tine provinc The new report. how lever. was viewed skeptically | merous traders, and there was active | buying on the decline. Opening prices 117 to 4 cents lower, new style, De | cember 1.69 to 1.70 and May 1.65 1.66. were followed by a moderaie { rally, but then by fresh downturns with December touching 1681z and May 1.64%. Corn and oats receded with wh | Atter opening to 1 down, ;u&.’ to 84, the corn market cont SSE88 SEFPEEERRE NY Alr Br A (4) 56 Ss1841.. 120% b Chi. Mil. & s e e A v m pf (3 Goodyear 88 N Y Cent 4l NEW YORK. December 16.—Cop-| Coty, Inc (.80).. §o% 8% ol N Y Canners (2). 784 8 o Hershoy 6% 5 991 N T Cont LS ot $34» R RE % i per steady. Electrolyptic spot and fu-| Crex Carpet (4) N Y Central (7). 130% 132 1208 Lan. 3 B s O 9%a 974 bt el Gty of Lyon IRPr Lures, 14a14y. Tin finn. Spot and near- | Crucible St (4). B2% 82% 81 NYC&SEL (6). .. 1818 <o © | US Steelp! % 1tnois Bell 18t 68. 100% 100% | | hid St L 5% ” 994 Gontinental EE 1 Q 1997, v. 61.30: futures, 60.87. Iron steady;|Cuba Cane Su. o 9k 9% NYC&SIL pf (6). 87 | Gniv Piept (8).. 3 4| HimalERIE o otz Ha S 5% B A GG St es unchanged. Lead steady: spot,|Cuba CaneSpf.. 43 43% 42% (IR s Cniveras( FIDe It ator Marine B0 BT | N iy deb s EE 12 Federaied” Mei Zine steady: Bast St. Louls spot, [Cuba Co (4).... 48 48% 47% N Y Dock pf (3). 78 ‘ OVi Pipe & R it T o oa || YewHEvdshEar futures, $.45a8.55. Antimony | Cuban-Am 8§ (2} 2444 241 24 NYNHG&Hart, 46 lg:x.llv‘-?;{ i'm).'. 3. : e Dapar8ass. 986 9uti | gl S enia. . s G| NY&Harl (6).. 190 19%% 198 190 | V7 - P o) i Inter T & T BRA. 6% 1064 106%| \'y Rys & : Cuban Dom pf.. 16% 161 |2y iyt ot tats 2ot : 30% | VarGaro Chottn. 1 KCP&LtonASI 46 100 1004 | \ ¥ state Ry 4% FOREIGN EXCHANGE. | Cushman'e @).. 9714 974 814 97U | NiagFpr(1%). 28% 8% : va-Car Ch(2)w I 8 19% s 103 o ‘Y“;:as\“v'o‘n“t | Morrg & € Quotations furnished 1 W. . ibbs & Co.) | Cusamel Fr (e). 4715 473 % 47' Norfolk South... 39 3 ; va-Car Ch (6) Pf 584 [ s v i e i ‘;“‘ Y"ggm il o ks | Dantel Boone.... % % | Norfk & Wn (18) 150% Va-Car Ch (1) bt | Lacl G ref 68°34... 100% 100% : ¢ Bonna B R, F9 1930 R T 4/ T 3 Davison Chem 427 41 | North A (B3.40) 66 va Iron Coal&C. Laciede G 5%s5 '53 w102 102 : 1700 T .. | Del& Hud (9).. 149 1504 | North Am pf (3) 49% % | Vivadou....-- 2 Licgott & Myers 100% 101 % %}'.i‘.'\‘v.‘m“’ou 2, 1952 ] Del L & Wn (17) 142! 2 142 | North T;’.‘i’.;“ }g% 3 Wabash. 2 4 Liggett & Myra 7 118 118 | | Enion il ot cail os 1935 | pRG Watpf... 46 A SunmeliCLaR Wabash p A(3)- Lorillard (P) 6s... 084 984 nign Pac R. | | Detrott BA (83 138 1377 | Nunnally (1.50).. 16% D tii%) o 17% 17% | Coriiiara (P) 78 M 1144 1164 Weatern Untory 6% | Devoe & Ra(2.40. 78% 80 80 | onyx Hos pf (1. 95 Walworth (L80). 231 LoulsvG&E 97% 87X | Ore Sht L cn 58 2 é\:\lfg)ao\n‘e E& £ !to sag | Dodge Hron ©- a2 o 41 1 oppennetin (3).. 494 Ward Baking B. . 814 81% | Manau Sug s 1%8 100% 100% | yre- Wash 18t rf 43 o 88% | = - Oats started %a% to %als off, May Dodge pf (7V.... »T% . %7 | Orpheum (1.30). 29 2 ‘Warner A (1% ... 18 18 | yq19.Con 6 %! 100% 100% | pennsyl con 4%s | 45, and later showed a little further Nome Mines 16% ‘ 16% | otis Kslevator(8) 131 131 29 ' | Warren Bros (4). 47% 48% | yigvale Steel 92% 92% | pennsyl gen 4We.. 15 drop. ; e Doug Pec (F111). 194 . 19% | Ouis Steel. . 125 12y A Weber & H (4) ... 8 57, 37% | Montana Pow 100 100 | penngyl gen bs.... 52 e . Provisions were firmer, sympathiz Copenhagen. A Dul 8 s&Am-;. 5: 4 5 | ouis . 8% 88y West Pen (4).... 2# 1214 o Eng Telbs.... % 100% 100% 6 Sou Paoiacter b ing with an upturn in ho; Sroekhomm. or : DuISS&ALIBL. T 4 outlet L 50 50 Westérn Md. ... 17 1735| Now Bng 205 1008 1ooe | i H14). ... 226 2 oy : 4 4 ~uthern Ry gen & ' Subsequently the market scored : g 5 SN {Dupent (114). ... 2204 227 221 ?fé“yo“enllsol T, 62 &2 61 I&es:nrrgg‘gfi_ 53,4 f:“ N Y Edison 6% 114% 114w | Cennsyl gold 2 e Y fetes i i and e ia Al N NERW S NORE, Dty oo ety Pactfic Gas (8).. 151 131 150 eate NY GELH&P b 108% 108 | Peoria & E ino Ll oy b5 ag s top Tever. 4 e | 3 i v e pf (6). 80% 80% Foreign exchar slenay. | masuman (18)... 1104 110% 1105 1104 ; pacific O (3)... 61% 62 G b : NYTeldths. .. Wk 974 WHEAT— tions {in cents) Geeat, Brivain, damand, | Evion Axte, 2\ 201 0% 184 28% | paciara Novts). dow i by Western Un (8. 130w 1364 Ny Tal i 071 107 i Dec. (new 1 4845, ; cables ay bills on banks, | glec Powr E A 154 i 204! pgige Mot(1.80). 2% 25 1] i A 06 7er | NY Tel 68" tL bs. 2 new s .. 1 1 P Al | GERE gE 4iN(D) 1675 1008 103 '°7"'|v:n‘7\mn(() Fok on 1e"|Wostinghe (). ¢ 787 | North Am B4 101% 101% [oraayera Mo ; I 2 7% Pan Amer 3 8 18 J Third Ave ref ¢s. 5% | Mo (old) demand, 4. ables, | p P&l full pd (7 107% 107% 1074 107% ATAEBI(8). 78% 1 Wyoston Kilec 3 : North Am Ed ¢ 104 104% rd bs. July Demand: Bigium, D Ger |EIPaLPET).. 92 924 924 92T ban A W00, dpe i ""‘: Weston A (2).... o 2 | Norm Fou ITU OTU | o L AaB s IR, . E’ll“r A":” oo Elec Stor Bat(1). 76 7% 784! pannandle e 5% 4% |Miheel & L. Exle. . y : Ror States Pow % 105% 105% R&G 48. 46 8 5, % Y V] LEDf.. % 51 St L IM&S Union Pac 1st rf Bmmerson Brat. 8% % | Panhandle pf... 53 50 52 |\Whie Basle (3).. W 21n g-}‘(: Ot Steel 7% i % 100% 100% | SIL&SF pl Union Pao 4827 Spain. 14.18; Gres 0% 70% " 7 70 i park & Tliford.. 28 28 27 - v N It Facitic Gas & Kl bs. 97% 97T% 2 Union Pac ev 3 | December Czechoslovakia, 38 9% 8% 39| paneExA (c6). T6% 6% 764 e (5 37 - 380 | P T AT 18tss. 101% 101% Virginia Ry lst % | Max + 4 Austria, 44% 43 44 43K | ponick & Kord.. 18% 18% 18% 15 | wickwlire ctfs... 21 3" | PucT & T 683 9 991 Va Ry & P 1at 68 g Rumania, 46%; Argentina, 41.45; B 42% 42% 424 424 penn C & Ck 14% 15 M% Willys-Overid. .. §26% 26% 264 | Pan-Amer Pete 63. Bt It 5 | wabash 18t 68. 7il. 14.30; Tokio, 43%; Shanghai, 77%;| Eureka Vacuum. 66% 57% 56% 55%|,ennsy R R (3). b4'% 554 bd% B6% e oaprir. 182% 121 13316 122 | Peoples Gas & 99 100 MonfEen Y ) 10, gg* 132 lggn ::nnl- ch m('!')l ui: ugt ugv‘ ug'“ I e ] e ":;‘:g“t A5 13::: .332 4148 39 T — -~ Falirbok M pf (8) 108 1 op] as (8). 4 o Yo % [ Woolworth (3).. 200% 1m 200% | Ph rof 68 A.. i BOND ISSUE IS SOLD. Famous Pl (8). '107% 107% 106% 107 /| Peoria & East 201 21% 204 20% | Worthtn Pump.. 45 44 |Pnim&RaC&Iss 100 100 1 3 LIVE yommy STEADY. g Famouspf (8).. 118 '118 118 118 | vereMara(4).. 85% B5% 86 85 |Wright Aero(1). 27% $in 7% | Plerce-arrow 106 108 Wheel & L Ecn 2 CHICAGO, December 16 08).—Fou! {EW YORK, December 16 (#).— | pederal Lt *1.40. 35% 85% 34 84 |PhlaCo (4) 5% 664 65% 664 |Wrigley Wm(i4) 66 56 56 | Public Service -99% 100 . 2 Whel& L Erf 448 % s e e —Pou * The National City Co. announces that | Federal Mines... 77% 7i% 77 7 Phila&RC&1 42% | Yel Tr & C (75¢). 27% 27% 274 | Pub Serv Eleo 6 106% 106% 130 Wilkes-B&E 1st lBB." g e!prlr;g it has sold a $23.900,000 issue of City | Fed Min pf (1).. 9 96 96 96 !Phila&RC&lct. 42% | Youngstown (4). 88% 86% §6% | P ServGasb¥s'§y 103% 103% .. 139 Wisconsin Cent ¢s. S tens 165 Aurks: 3! .t Philadelphia 413 per cent bonds. $ s ;i ) -2 SSoes50T05 SESS3RSEEE: s FRs SCSze! ©5EeE050505 nnone, LS G536 835555358