Evening Star Newspaper, December 20, 1926, Page 14

- STOGKS CONTINUE - q FIN MOVING UPWARD Yolume of Trading Smaller. Some Profit-Taking Is _Encountered. BY STUART P. WE! Wpecial Dispatch to The Star N *YORK, December 20.— Operations on the Stock Exchange at the outset the week fell off substantially compared with those of F ind the Saturday two-hour session. Heavy profit-tak ing following last week's improve- ment, carried many of the prominent leaders down a point to two points from the Saturd finals, but i ken and realizing was well taken a f fl:o frst hour or so the upward movement was resumed in numerous of as day ction of that the! move- s evident from the ain body of stocl ts recent Tant “had mot discounted the full <ignificance of United State Steel dividend action. The specula- | tive element was inclined to seek out} <hares of companies with large sur ses which are likely, in the not ant future, 1o follow the lead of the Steel Corporation and reward share owners in the shape of extra stock disbursements. Included among th were _Intermatinoal Marvester and Allied Chemical, both of which were in demand around igh prices for the vea '”’iff.s‘mm, Kodak was the feature among specialties. advancing sharply %o a new top for the year. Buying of | Am Metals (1) ANCIAL. Open. High. Low. Clos [ Abranmastraus, 65" ‘63" 65 03 | Adams Exp (6).. 1274 128% 127% 128% AdvRumley....” “ox 9% 9% 9% Adv Rumley pt.. 31% 31% 81% 31% Alr Reductn(t6) 144% 1447 142 142% AJax Rubber.... 113 11% 10% 10% AllLAm Cable(7). 143 145 143 143 Allted Chem (4)." 14614 1487 145% 147 Allls Chalm (). 91 92 91 91 AmalLeather... 16% 16% 16% 164 Amal Lthr pf(7) 105% 10 Amerada (2)..., 32 3 Am Agrieul Chm 13 Am A=riChpf.. 50% 50% AmPank N (13). 42 42 ™ Beet Sugar.. 26% 26% Am Roseh, 17% 17% Am Brake Sh(6). 142 142 ‘m Br BovEl(2) 38% 38% {AmCan(3)..... £l Gb% B4 Am Car&Fdy(6). 102% 103% 102 AmChain A (2). “251% 25% 25% Am Chicle (3)... 3 Am Dr 9% 9% 9% Am Express (6). 133 133% 132 Am& ForPow.. 18 18 17% Am&FoPopf (7) 88 €8 88 Am Hide & L 81 Am Hide & L pf. 524 Am Ho P(2.40).. 291 29% Am Ice (110)... 133y 133% 132% 132% Am Ice pf (6) 80 84 EL M AmInternatl.... 40 40 3%% Am La Fr (1). 1% 11% 11 Am Linseed..... 31% 81% 381% Am Locomot (8) 109% 110t 108% Am Locopf (7)..120 120 120 Am Mach & Fdy. 71% 72% 7 44% 44% mPo &Lt (1) 62% Am Radiator(5). 110 Am Republic.... 46 Am Safty R ($3) 60 Am Ship & Com. Am Smelting (8) 14 AmS& R pf (7). 121} Am St Fdys (3). 44% Am Sugar (5) 83 Am Sumatra. | . Am Tel & Ca(5). 2714 2T4% Am Tel & Tel(9) 148% 150 Am Tobacco (8). 124 124 Am Tobacco B (8 12: Am Wa Wo c1.20 132 1% 88 8% 521 31% 108% 120 2% 44% 62 110% 122% 121% 122! 44% 44% 83 83 148% 149% 122% 122% 213 121% 621 63% <sue apparently was based on the Yolier that as “ock the yvield at | esent was attractive, and | especially in view of the manner in \vhich earnings have been running The upward movement which got} under way last week in National | Riscuit carried the price somewhat higher again today and the action of | this stock had a favorable influence { upon the market for Postum Cereal.. American Can was actively (}eull in at higher prices for a time. In con- nectlg: with current strength in the issue the opinion was expressed that at the coming meeting something imore than a distribution at the annual yate of $2 will be discussed. Whether directors are to act on a larger dis- bursement at that time is a_question, but it was generally agreed that favor- able dividend action will not be long delayed. United Drug stood out strongly establishing a new top above 171, and the same was true of American Tele- phone & Telegraph at 149 on buying | evidently of investment character. This was taking into account the $1.25 quarterly dividend deducted from the selling price today. The rise of more than 11 points Jast week in Atchison encouraged profit taking which carried the price off almost 3 points. After this was absorbed, however, the price started forward again, retracing a good part of the early loss. Union Pacific went | into mew high ground for the | _present movement when it crossed 165, | und special strength was displayed in Texas and Pacific, Chesapeake and Ohio, Southern Pacific, Southern Rail- way and Norfolk and Western. Shares of the Northwestern carriers went slightly higher, but the upward move- ment in the railway section was by no means uniform. New York Central had to absorb heavy realizing sales, which carried the price down a point at one time. United States Steel common changed hands throughout the first half session within a half point of the Saturday final, with profit-taking sales resulting in lower prices most of the period. At the same time the new Steel stock dealt in on a when-issued basis, was changing hands around the 116 levedr General Motors gave the best ac- count of itself in its group, while the offering of Nash carried the price down a point or more. e WHEAT GOES HIGHER; OFFERINGS LIGHTER Firmness of Liverpool Quotations Also Has Bullish Effect on Grain at Chicago. By the Associated Press. CHICAGO, December prices tended upward early today, in- fluenced by firmness of quotations at Liverpool and by lightness of offer- ings here. Announcement that world shipments of wheat were small as compared with a week ago was con- strued as a bullish factor. Opening unchanged to !} advance, Chk‘ag-)‘ wheat values soon averaged*higher all around Corn, oats and provisions were likewise firm, corn starting un- changed to 14 better, and subsequently scoring a slight general upturn. According to assertions by some | authorities today, the wheat trade | has for several weeks been discount- ing Southern Hemisphere competition,’} which will not be real for another six weeks or mor Meanwhile domestic cash wheat prices are strong on ac- count of high qual of the United Btates crop this season and because ©f proximity to consuming markets. ‘World shipments of wheat for the week just ended were given today as amounting 000 bushe egainst 13, bushels for the week previous. Aside from smallnes of genera 3 rease ©of 120,000 bushels w: shown in the | #tock of wheat on ocean passage to | Great Bri Low. Close % B | | Balto & Oh pf(4) | Chrysler pfA | Col Gas new (5). { Com Cr 1st(6%). | Cont Baking B. . 33 | 88 1% Bl 8% 46% 47 48 484 48% 42% 42 Am Woolen ... .. Am Wool pf (7) Am Writ Pa pf Am Zine. ... Am Zinc pf.. . Anaconda (3) Archer-Dan ( Armour of T11(2 Armour of 111(B) Arnold Con&Co. . Artloom (3). Asso Dry G(23%) 44 Asso D G 1st(6). 101% 101% 101% 101% AssoDG2d (7). 108 110 108 110 Atchison (7).... 168 170 167% 168% Atchison pf (5). 101% 101% 101% 101% Atl Birm & At. % % % % Atlaut C L (110) 206% 210 206% 209 | AtlCoastLrts.. 17% 18% 17% 1841 AtIGulf & WI... 40% 41 40% 40% Atlantic Refing. . 114% 116% 114 114 Austin.Nichols.. 11 11% 11 11% Auto Knitter. . % % % Baldwin L (7)... 162% 165% 160% 162% Bald Loco pf (7) 116% 115% 115% 115% Balto & O (163) 108% 108% 108% 108% 73% 73% 73% T34 Bang & Ar (3).. 4% 44% 44% 44w Bang & Ar pf(7). 101 101 101 101 Barnsdall A (2). 284 28% 2T% 28 Bayuk 1st pf (7) 101% 101% 101% 101% Beech-Nut (t3). 61 61% 61 = 6l Belding Bros(3). 28% 28% 27% 27% Bethlehem Steel. 47% 48 47% 47% Bloomingdale 361 86% 36% 364 Beth Stl pt (7).. 105% 106% 105% 105% Booth Fisherles. 1% % T4 T Booth Fish 1st.. 46% 46% 46% 46% Botany A (4) 28% 28% 28% 28% Briges Mfg (3).. 2T% 2T% 2% 2T Bkin-Edison (8). 164% 154% 164 154 Blkn-Mn Tr (4). 6% 77% 76% 76% Bk Man T pf(6). £9% 89% 89% 89% BKInUn'G(111). 94% 94% 93% 93% Brown Shoe (2). 32% 32% 32% 32% Brunswick Balk. 35% 85% S5% 36% Burroughs (t4). 118 118 118 118 Bush Terminal.. 27 27 27 27 Butte Cop (50c). 4% 4% 4% 44 Butterick (m2). 52% b2% 02% 62% Byer&Co....... 40% 40% 40% 40% By-Products (2). 66 70% 65% 70% Calif Packg(4) % 7% 70% 71 Calif Petrol(2) 31 31% 381 31% Callahan Zinc 1% 1% 1% 1% Calumet & Ar( 68% 68% 68% 68% Calumet&H(1%) 15% 15% 16% 15% Can Dry (c2%). 3874% 37% 37Th 37% Can Pacific (10). 168% 170% 168% 169 Case Threshing. 163 153 149 149 Case Thr pf (7). 114% 114% 114% 114% Central Alloy(2) 30% 30% 30% 30% Cent Leather. ™ % TH % Cent Leathrotfs T 7% 7% % Cent Leather pf. 524 63 51% b61% Cent Lea pfotfs. 51% b51% 51% 51k Cen Ry NJ(112). 290 280 290 290 Century Rib M.. 14% 15% 14% 14% Cerro dePas(15). 62% 63% 52'/'. €34 Certain-Teed(4). 42% 42% 41% 41% Chand-Cleve. 8% 8% 8% 8% Chandler pf(2%) 22% 22% 22% 22% Ches & Ohio (112 164 153% 163% 165% Chi& Altonpf.. T% 1% Th 7% Chi & East Il 30% 30% 30% 304 Chi& East 11 pf. 46 46% 46 46% Chi Great West.. 9% 9% 9% 9% Chi Gr West pf. 6% 23:2 zg C M&StP cfs. . 9 . e Chi MI1&StP. 9 9% 2 Chi Mil&StP pf.. 19% 19% 19% Chi & Nwn (4). 81% 83% 81% 82 ChiPneu T (5).. 119 119 119 119 ChiR1 & Pac 0% 71 69% 69% CRI&P (6) . 96% 96% 96% Y6k CRI&P DL (7). 103% 104 103% 104 Childs (12.40). 49% f9‘¢ ;2% ;:’1/, Chile Cop (2%).. 86 5 4 " Christie B (1.20) 85% 85% 35% 35k Chrysler Corp(3) 41% 42 40% 4 1:4. (8). 104% 104% 104% 104% 60% 60% 60% ) Cluett Peab (5). 6 Coca-Cola (7). 169% ‘2;-\& 1 Collins & Alk(4). 634 3 Collins&A pf (1) 125% 125% 125% 125% Col Fuel & Iron.. 45% 45% 45 45 Col & Southn (3) ;g :g% g: ::%l Col G & E pf (7). 116% 116% 116% 116% Col GasTis..... 3 3 3 3 Col G&E pf A(8) 101 Col Carbon (4).. €8% Com Credit (1), 18% Com Solv B (8).. 221 Congoleum N 19% b55% 101% 1017 101% 651 68 684 18% 18% 86 86 220% 218 219% 21% 19% 20% 55% 55% 82 1% 110 0% 71 8% 3% 65% &3 1% 111 a1 8% Congress Cgr(8) Con Cigars (1).. 83 Consol Distribut 1% Consol Gas (5).. 111 ConRRCuba pf 6 0% | Fiak | Tnspir THE NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office | ErieR R. Erie 1st pf. Erle 2d pf. % Erie Stm S(314). | Eureka Vac (1). { Fairbanks (3)... iirbnk M pf (8) amous Pl (j8). FedLizht(*1.40) | Fed Min & Smelt | Fed Mot T(f80c) | Fid Phoenix (6). Rubber. ... 1stpf (7). . sk 1st pf cv (7) Fleischmn 1215, Foundation (8). Fox Film A (4) .. Freeport Tex (3) Gabrtet Sn (3 Gen Am Tnik (3. Gen Asphalt. .., Gen Asph pt (5), Gen Elec (h3). .. GenElec sp(60c) Gen Gas A(el gy Gen A(ulur(f!l)» Gen Mot pf (7) Gen Outdr Ad Gen Outdr A (1), Gen Ry Sig 515 ] Gimbel Bros. . Glidden (2). (?OO"!'I(‘]! Ru l4)~ Goodrich pf (7). Goodyear pf (7) Gothm S H (214 ) Gotham new & Gould Coupler A Granby Consol. . Grt North pf (5). G N Ore(t134) . Grt Westn Su (8) Gt West § Green Canan. .. . Guantanamo. | .| Gulf Mo & Nor. . Gulf States %).. HartmnR (k4.40) Hayes Wh (131 ) Househld P $31 Houston Oil. , Howe Sound (1) Hud Man (23 . Hudson Mo(31;) Hup Mot (1.40) iNinois Cen (7) Indep Ol (1). IndianRefg ctfs Inland St (2 tion (2). . Interbor Rap Tr. Intcontl Rub(1) Internat Agrl. .. In Ag C prpf(7). Int Bus Ma 1344 . Int Cement (4).. Int Cement pf(7) Int Com Eng (2) Int Harv (16)... IntMteh pf(3.20) Int Mer Marine. . Int Mer Mar pf.. Int Nickel (2) Int Paper (2). .. Int Ry Cent Am. Intl Shoe (7).... Int Tel & Tel (6) Intertype (11%). Jewel Tea. . Jones Bros Tea. Jordan Motor. .. KCP & L 1st (7). Kan City South. . Kayser J (3). Kelly-Spring. Kelly-Spring 1st Kelsey Whi (6) Kennecott C (5). Keystone T & R. Kraft (11%)... Kresze SS(1.20). Kresge Dept S. Lago Ofl & Tran. Lambert Co (5). Lee Tire & Rub. . Lehigh Val((15) Leh&Fink stf(3) Life Sav (1.60).. Liggett & M{14). Lis& M B (14).. Lima Loco (4) .. Liq Carb (3.60). Loew’s Inc (13). Long Bell A (4). Loose Wiles. ... Lorrillard (§8). . Lorillard pf (7). Louisiana Ofl. . . LouisGasA (1.75) Louis & Nash(7) Ludlum Steel(2) Melntyre P (1).. Mack Trucks (6) Mackay (7)..... Mackay pf (4) Magma Cop (3). Mallison & Co. .. Manati Sugar pf. Man El Sup (5).. Man Eiev gtd. ... Man El m g (D5) Man Shirt (1%). Maracaibo Ol. ... Market St prior. Marland Ol (4) . Marln Rock 2% Mathieson (4) Maytag Co (2).. MetroG pf(1.89). Mexican Seabd. . Miami Cop (1). Mid-Continent. Middle States. Mid States Ofl ct Miller Rub (2),. Minn & St Louls. Min St P & SSM. Mo Kan & Tex. . MO K & T pf (6). Missouri Paclfic. MissouriPac pf.. Montana Pow (5) Montgmry W(4). Moon Mot (1%) . Mothr Lode(75¢) Motor Whi (2).. Nash Mot $3%. . Nat Biscu(t5%) Nat Cash R(A)3. Nat Cloak & Sult Nat Cloak pf (7). Nat Dairy (3)... Nat D St 1st(7). Nat Distillers. . . Nat bistillers pf Nat Lead (8).... Nat Lead pf (7). NatPw&Lt(80c). Nat Supply (16). Consol Textile. 3% Cont Bakg A (8). 61 61 62% 8% B4 90 €0 6 6% 141 140 140 1% 12% 1% 11% 63% Cont Bak pf (8). Cont Can (16) ... Cont Insur (8) { Coty Inc (4) . | Crucible Steel(6) | Crucible pf (7). | CubaCane | Cuba Co (4)..... 1. Hibbs & Co.) | Cuban Am S (1). hecks | Cuban-Dom Sug. elii ondon. 1o Montrea) Fars, franc Birussels, frane Be crown 2oty penhagen. crown . crown ... .. khoim. crown NEW YORK, Forelgn exchanges mixed in cents: Great Brit demand 4%4 9.16; cables, 4851 60-day bills on i 8 . 2 demand, 4.03; demand, cember 20 (A).— quotations ables, Deman 12; Greece, Cont Mot (80¢). . Sorn P 2%) b1% b51% 61 51 e 59% 59% B9% 59%| 9T% 9T% 9T 9Th 81% 81 81 81 103 103 103 103 10% 10% 10% 10% 48% 484 48| 84 3 830 | 28% 1854 ba% 63§ 100% 1734 1004 1004 834 82y | Crown Pa 1st (7) ugar ne Su pf. Cudahy (new) man’s (8) mel Froit.. | Pavison Chem | Del & Hud (%). |DelL & W (17). |DRG Ws! | Detroit Detroit L 17TT% 178% 177 L 148% 148% 147 % 43% 43% 136% 136% 136% s% 9% 3k o 3% 4l's 39% 404 | -105 105 105 105 | Dodge BrosClA. :6% 6 Dodge pt (1) B4l Bdls B4 bdy Dome Mines (2). 12 12 12 12 | Du Pont (112).. 171% 171% 169% 16y% Du Pont deb (6). 1084 108% 108% 108% Eastman (18)... 128% 130% 128 129 Eaton Ax'e (2).. Y L6% 26% | Eisenlohr & Bro. 11% 115 Electric Boat. .. % 1% iec Power & Lt. 17% 17% c Refrig o2 35% 86 Elec Sto Bat(16) 82% 82% 177% 147 12 choslovakia, Austria, 0.521%; Argentina, ‘Tokio, 48.81%; sise Jugoslavia, 4.12%; Rumania, «1.18%; Brazil. 11.87%, thanchal, £9.37%; Mostreal, En n Bt ct. 1 1 End-JoLa (5). €8% 681, Engineers Pub S 4 Equitable pf (7) (RPN 27% 2T% | 18% 18% ! b im 26% 27 | Nevada C (1%). {0 Tex & M (7) Y Canners. ... NY Central (7).. NY Chi&StL(11) Y Dock. Y NH & Hart. NY Ont & Wes NY Rys part fs. NY Rys 2d stpd. Ny Steam pf(D).- Ntag Fpt (1%) . Norf & W (110) JthAm b10% stk orAm Ed pf(7) North I's - 4a). morwais Pre Nunnalis «1.90). Ssm | 11 Well Sup (2). Gunibus. | Onyx Hos (3.20). Opnhm, Col (4) Orpheum Cir(2) . | Otis Steel. ... . | Outlet Co pf (7) | Owens Bot (ct6) Pac Ol Stubs | Packard (12.90). | Paige Motor. | Pan-Am (8) i pan-Am B (6). Pan-AmWnB(2). Park & Tiford. . | Park Utah (60c). Pathe Ex (c3). Peeriess Mot. . Penick&Ford (1 Penn C & Coke. . Pa Dixie Ct(80c) Pa Dix Ct pf (7). Penna R R (2%) J'enn-Seab Steel. Open. 4l 52% 48% 25 6% 421 109% 109% 109% 109‘%‘ 115% 114% 114% | 424 41% 41% | 115 42 93 High. 41% 521 48% 25% 67% 42% 93 EVENING Low. 41 93 27% 27% 27 195 1318 153 . 121 37 b56% 86% 45% % 109 Pr(T) 1164 1 33 915 23 24% 8 16% 85% 1% 1% 35% 1% 31% 34 96 39% 924 83% 69% 12 A% 20 68% 100% 41% 21% 65% T1% 92% 19% 42 178% 118% 20 84 15% 128 22 145% 193 34% 44% 26% 18% 145% 104% 29 161 4% el 20% 12% 30% 15% 36 60 31% 43% | o415 Blevator (6) 134 B 106% 106% 106% 106% 79 1 36% 12 66% 66% 37% 22% 1% 40% 99% 56% % 195 17% 80 98 4% % 7315 38% 30% 47 864 131% 131% 131% | 196 1% 80 97% 47 3% 2% 31% 288 46% 46% | given out for purposes of, compar with the I. C. C. valuation figures, The value of lands held by the group | and its su 84% STAR. WASHINGTON, D. C., MONDAY, DECEMBER 20 1926. '$1.853,082.782 HELD TENTATIVE COST TO REPRODUCE “PENNSY™ Close. a1% 93 | 27 198 17% | £0 98 47 76 3% 325 28% Vice |day that n the 98 companies railroad system, the: 854 BY EDWARD C. STONE. President Thomas W. |of the Pennsylvania Railroad said to the Interstate 1(‘0mm£ssi0n has placed a tentativ cost of reproduction of $1,853,08 Hulme Commerce comprising the figures being son 87% 86l 86% |of corporations In addition he placed 1% 11% 11% at $436 40% 40% 40% age, 64,924, considering the Figured on the aver- various periods 153% 150% 150% | during which valuations for units of 121 87% 56% 86% 45% 35% 821 204 109 33 121 37 b56% 3 107% 16% 116% 116% | 20 444 60% 40 40% 46% 21% 123% 813 4214 26 51% 135 10% 6244 B5% 50 103% 45% » 153% B4% 23% 24% 8 16% 85% 2 1% Midland pf(112). 112% 113 36% 1% 31% 34% ©6% 41% 94% 83% 69% 12% 4% 20% 68% 102 41% 23% 66% 1% 92% 19% 42% 180 118% 20% 84 15% 128 22 146% 194% 34% 45% 27 184 145% 104% 29 162% 47% 028y 81% 5 12% 31% 15% 36 62 31% 134% 133% 138% | Bl4 9 1% 36% 12 66 66% 38% 22% 6 45 80% 23 1% 40% 99% 66% % 63% 26% 8364 May Dept St (8). 137% 137% 136% 187 | 28 24% 8 16% 4% 1% 1% 112% 35% 1% 31% 34 9% 39% 92% 82% 69% 11% 4% 20 66 100% 41% 21% 65% 70% 92% 19% 42 175 118% 19% 82% 16% 127% 22 144 193 34% 44 26% 18% 145% 104% 29 161 ] 96% BU% 4% 12% 30% 15% 36 60% 81% 8% 8% 5% 25% | Pacific Gas (8).. 130% 130% 130% 130% 1% 81 ]8:2\ 121 37 | | Peoples Gas (8). Peoria & East. .. Pere Marq (18) | Phila Co (4) . | Phila Copf (3).. Phila& RC&T.. Phila& RC&T cfs. Philip Morris. Phillips Pet Phoenix Hosie Pierce-Arrow Pierce-Ar pt (8) Pierce Oil 2 Pierce Petrolm. . Pitts & W Va(6) Postum (5) . Pressed Stl Car | Prod & Refiners. Producers&R pf. Pub Serv NJ (2). Pub Serv pf (6). Pullman Co (8).. 19 Punta Aleg Sug. Pure Ol (1213). . Purity Bak A ( Purity Bak (B).. Purity Bak pf(7) 102 Radio Corpof A. 59 Radlo C pf (3%). RS I Cefs (4). Rand M (a3.04). Reading (4). Reading rts..... Reading 1st(2). . Reading 2d (2).. Real Silk Hose. . Remington Type 113 Replogle Steel 1% Rep Ir & St1 (1). b7% | Rep 1&Spf (7). Reynolds Spngs. Rey Tobac B(5). Royal D (a3.078) Safety Cable (4) 527 St Joseph L(t3). 40 StL & SanFr (7). 102 St L Southwest.. 64 StLSwnpf (5). 76% Schulte (§8). 49 Seaboard Alr L.. 34% Seab Alr L pf... 38% Sears-R (n23%). 56 Seneca Copper 3% Shattuck F G(2). 63 Shell Union (12) 29% | Shubert The (5). "60 Simmons(42.25). 33 Simms Pet (1) 19% Sinclair O11. . 20% Sinclair pf (8) 98% Skelly O11 (2)... 35% South Port S (6). 160 Sou Calif Ed (2). 80% Sou Dairfes A(4) 42% Scu Dairfes B... 20 21% | South Pac (6)... 110% €8 | Southern Ry (7). 122 8% | Southern Ry rts. 1% 104 | South Ry pf (5). 94% 7Y | fi%k:er L 22 | Micer pf (8) . 105 981 | Std Gas & E1g3. 57% 98% | Std G & Bl pf(4). 57 66 | Std Mill (5) 73 53% | Std Millg pf (6) . 441, | Std O11Cal 2% . T 68% Std Oil NJ(113%) 38% 43 | StdOflof NJrts 2 Std O NJ pf (7). 116% td Oil NY(1.60) 3 Std Plate Glass. Sterling Prod(5) Stewart War (6) Stromberg (6)... Studebaker (5). . Submarine Boat. Sun Ol (i1)..... Superior Ofl. Symington. Tenn Copper (1). Texas Co (3).... Texas Corpn (3) Tex Gulf Sul (4) Tex & Pacific. . .. Tex & Pac C&O. Texas Ld Tr(8). 1874 Third Avenue... 38% Thompson (3.60). 47% Tide Water(1%) 27 Tide W Oil pf(5) 89% Timken (15).... 80 Tobac Prod (7).. 109% Transcont Oil. 3% Underwood (4).. 46% Un Bag & Paper. 43 Union Carb (6).. 95 Unoll (2)... Bd% Un Pacific (10).. 164% Un Pacific p£(4). 80% Utd Cigar S (c2). 95% Utd Drug (8)... 169% UtdDrg 1st(3%) 58% Utd Dyew pf(7). 49% United Fruit (4) 121 USC1P&F(10). 251 USCIPpf (7). 116 U S Distriputing 58% US Hoft (13%). 56% U S Alcohol (5). U S Realty (4) U S Rubber U S Rub 1st . U S Smelt (3%). US Smpf (3%). U S Steel (7) USSteel Wi.... U S Steel pf (7). Universal Pipe. . Univ Pipe pf (7). Ut PELt A (e2). Vanadium (4).. Vick Chemical Va-Caro Chem. . Va-Car Ch 6% pf | Vivadou (3).. | Vivaudou rts ‘Wabash. .. . Wabash pf A(5). | waldorf (1%) Walworth (1. .. 44 | Ward Baking B. . 265 | Ward Bak pf (7). 18% | Warner Bros. .. . 14514 | Warren Bros(15) 1043 Weber (4)...... 29 | W PennELA (7). 1613 | West Maryland. . 4714 | West Md 2d pf. 963, | West Pacific. ... 807 | West Pac pf (6). 81 4% | West Union (8). 148% 12% | Westhse AirB 18 145 | Westinghse (4). 69% 81% westhse 1st (4). 84 16% | Weston Elec.... 16 36 | Wheel & L Erie.. 26% 61% | Wheel & LE pf:. 45% 81% | White Eagle (2). 25% White Mot (4).. 57% WhiteRock 1270 27% White SM p(4). b5% Wickwire ctfs. . . Willys-Overland Wilson & Co. ... 12% Wilson & Co(A). 28% | Wilson&Co pf(7) T8% ‘Woolworth (16). 190 | Woolworth wi.. 128 Worthn Pump. .. 22 Wortn Pump(A) 48% Wortn Pump(B) 40% Wright Aero (1). 30 Wrigley (13%).. 52% Yale & Tne (15). 71% Yellow Tr (75¢). 28% Youngstown (4). 90% 128% 21 116 89 49% 61% 9% 35% A 824 % 108 107% 24 o 1024 al% 18% 1254 * i 26 524 13% 10% 621n 55% 50 103% 46% 153% % 50% 39% 87% 58 24 159 120% 21% 47% 10% 1% 114% | 41% 49 11% 49 90 62% % % 59% Ry 20 88% b54% 26 | 20 | 45 | 6% 26% | 3% | 23% | 24% 8 16% 34% | 1% % 13 85% 1% 31% 34% 96% 40% 93h 8216 814 8% 22% 1% i 85% 11% 66 66 87% 22% 5% 43% 29% 22% 1% 40 99% 6% % 565,000 1,150,200 11 a.m. 1pm. 1281, 128 21% 21 17 P 891 49% 128 21% 4114 191, 387% B2, 99% 1904 | 46 i o 99% 19% 415 45 42 113 11% 119 50% i B2Y 19% 9874 85 1% 1591 30%e 50% 425 428 19% 19% 110% 111 122 122% 1% 1% 041 94 22% 23 105 105 561 112% 123% 1% 9414 %! The Libe 4815 57 15% 874 40% 47% 27 8974 817 109% 4% 46% 43% 95% 54 165% 8014 954 172% 1 58 - 49% 121% 234% 1n7 58Y% 56% 9% 61 63% 108% 36% 46% 159% 1167% 1.9 31% 87% 14% 1850 8% 109 1% 461 a3 9514 53% 164% 94% 171% 58% 49% 120 108% 36% 461 157 114% 129 31% 87 29% % 90% 40 67 58 9T% 13 2314 201 % . Hourly Sales on N. Y. Market. 12n.. 921600 3 p.m.1,545,800 80t | TVice President Hulme Submits Figures for| Comparison With Va luation Total. | $2.563,685,568 Secures Capital Issues. | the system were I he said_ sup. plies on hand were worth $70,063,299 and working capital amoynted to $43, 842,031 in cash In addition holds securities of other corpor including stock in the Norfolk Western and New Haven r ‘\\n 1 cost price of §15 the railroad’s treasury tions, The total of all Hulme placed at Against sets, the Per s had outst nds_with a total par valuation of $1,865,823,469. Of these securitics thé Pennsylvania system itself owns $485,418.216 By the commission's figures, Hulme said, the capital issues of sylvania Railroad in the hand {of the public amounted to $1,380,405,- th idi stocks and 33,685,568, tonuses for Employi iman & Co. are bonus of laries to al 3. Chipman, and man offic an em- uting a cent of yearly < company, the firm’s partn the \Washington There octil pay roil who will Yuletide gift, and the em New York and other of- the same amount. The 1d a good yvear and |only too ‘(m share the prosperity { with the employes, Mr. Chipman said. | Incidentally, it has been especially { events r for the Washington broke house, the company !moved into fine new offices in the Se curities Building several weeks The directors the Washington Savings Bank have declared the regu semi-annual dividend of 3 per cent stockholders of record December i payable Januavy 2, 1927, he 3 18 also voted Christmas bonus of 10 per cent to all of its em- ployes, accordin ohn D. Leonard, vice president urer. Annual Meeting January 10. The annual meeting of the stock | holders of the Washington Auditorium { Corporation will take place | South Fairtax Alexandr January 10 to notice eing | Murphy which rs I nounce ployes 1 the | to | company from the Tocated Washington office, is in the Auditorium. Directors for the ensuing year will be | | elected and any othe acted which may de President Robert N ion recently association was s good year. to a near’ business trans- ind attention. Harper of the nnounced that \ving an unusu- Bookings have been e, the Auditorium v every night, One ng of 15 enter- inments by the National Geographic cety. xchange Trading Quiet Today. wding light on the Washing- (ton Stock today. Potomac llectrie pre {shares of Na ance Co. stock ¢ Washington Gas {ital ction Paper 6s at 95 he Washington Mechanics j gage Co., listed by the board of gov- | ernors Saturday, appeared on the | board for the time, the bid price being 10 with none offered. Seven rent issues were quoted ex-divi- dend today, Many Local Banks Decorated. Following closing time Satur v local banks ot busy mas decoration: n had a handsome tree in the center of the lobby thi morning, as did the Riggs Nationa ¥ National employ sual ability in Christn Almost eve now looks as if ering over the pl any lime. Bank’s Club Elects Officers. ederal American Club has elected these officers for the coming X President, M. Leona Anthony; . L. . Rider; secretar er, Har' Union Fire anged hang sold at 108 nta ¢ was > ready to call at {mon K. Warner, This bank will h nual Ch {the Columbia day at 7 o'clock will presic Irawn names, fourth an- dinner Wednes- nd Country Club ) ident John Poole The employes have and every member staff will L some very costly {on this oecasion. i It is announced that the banks will jnot be allowed to discount the new { Veterans’ Bureau certificates, For ex- |ample, in case of a hundred.dolar 1o they w not be permitted to { take out “the amount in advance to { cover the interest. ! Will Change Name of Firm. Arrangements have been concluded { whereby, as of January 1, 1927, the present firm of A. A. Hou Twath- {mey & Co. will be succeeded by a co- | partnership ‘under the name of B. A erce & Co., Mr. Plerce being man. |.p.'l|]gv partner of the predecessor firm. There will be no change in personnel save that Harold /A. Sands will re- Ellll‘, Sidney J. White and J. C. Cup- pia, both memb: of the New York Cotton Exchange, will be admitted fand Frederick Housman become a i special partner. i Several local bankers will by - terested to kn e W that the Seamen's i Bank for nzs in New York City, jof which Herbert K. Twitchell is | president, is opening its new banking offices at 74 Wall street today. Will Open Washington Office. Co., Inc., financial announced today they will open the Woodward | Building, with J. P. Daiger, vice presi- {dent of ‘the agency, as resident man- { ager. On the same date Stan Engel, for- {'merly of London and more recently of New York, will become a vice presi- dent of the fgency and general man- ager of the Baltimore office. | omL PrODUCTION HIGH. NEW YORK, December 20 (#).— Crude oil production in California last | se of 5 s daily over the j week before. POULTRY MARKET FIRM. CHICAGO, December Alive, firn 24; Spring: roosters, 181 | 20a23. turkeys, 30;" geesc, STEEL SCRAP HIGHER. NEW YORK, December 20 (P | Prices of heavy smelting steel scrap re slightly higher in the Chicago district, now ranging from $13 to $13.50 a ton. SILVER QUOTATIONS,' NEW YORK, December 20 (#).— Silver, 531; Mexican dollars, P POTE RUBBER IS HIGHER. W YORK, December 20 (Special). rude rubber, smoked ribbed sheets, advanced % at today’s noon quotation of 88%. This compares with 39 a month ago and 87 a vear ago. | Argentine and | i Austral 10| r- | Sao P 1 ! (Sales are ales, Lib3%s Lib Ist 435 Lib 2d 4%s. Lib3d 414 s, Lib4th4ys USa¥s. US s 10 | US4is in $1.000 ) High 9 101 3 34 10231 102 25 240 101 1 146 101 15 101 13 233 103 11 103 8 Low 101 100 31 [ovex vor BONDS Received by Private Wire Direct to The Star f UNITED STATES. 1013 10228 FOREIGN. Argentine 6s .Ju sOct5 Argentine 6s A . | Argentine 6s B Argentine 7s. Austria r. | Bank of Chile 814« Bank of Japan 6s. . fum 6s. i Bolivia 8s. . Rordeaux 6s {Chile 8s 1946 | Chinese Gov Ry | Con Pow Japan 7s. . | Copenna j Cuba 5125 | Czecho 71is rets | Czecho ¢ Danish Munic 8s B Denmark 6s. ... .. | Duteh East 1 6% 47 Dutch East 1 6s 62. Finland 7s. Framerican 71.s | French 7s. . | French 714 | French 8« | German 7= ; 3er Am Bank Ger Gen F Haiti 6s Hungary 7 Japanese 4s Japanese 6145 | Jergens U M 65 Marseille 6s. g | Mexico 45 04 asnta. | Mexico 45 10 asntd. Mexico 5 asntd. Netherlands 63 Netherlands 6s Nord 6%s Norway 6s 1 Paris Orleans 7s Peru 7%s. .. | Poland 65 40 | Poland 8s. Prague 7ls. .. | Queenslanad 6s. | Queensland 7= | Rhinethe Un 7s. ... Rio de Jan 851946 Rio de Jan 8s 47 110 85 1936 . Sao Panlo 1950. .. Saxon (PW) 7: Seine 7s 42 Serbs Crot Slo 8 | Soissons 6s. i Sweden Sweden 6s. . Swiss 5 1946. Swiss Confed 8s. Toho Elec Pow 7s.. i Utd Kingm 5 ! Utd Kingm 5 - | Yokohama 6s | MISCELLANEOUS. Am Aeri Chem Tts Am Smlt & R 1st bs Am Smlt & R 65 Am Suear ref 6s. AmT & Tel trds Am T & Teltrbs |AmT & Tsf5s Am T & T deb 51s. Am Water Wks 5s. Anaconda 1st 6s. Anaconda cv db 7 Andes Con Ts rets. . Armour&Co 416s v Armour Del 514s... Atlantic Refin 5s. ... Rarnsdall 6s ctts. . Rell Tel Pa 55 B. Rell Tel Pa 55 C RBeth Steel pm Beth Steel rf 5s | Reth Steel 6s...... Rush T Bidg 55 6 Calif Pete 6155, . Chile Copper s Commonwlth P 6s Con Coal Md 1st 5s. Con Gas N Y 5%s Consumers Pow 5s. a Cane cv a Canecv 8 Cuban Am } Denver Gas 5 Dodre w | 65 Tonner Steel 7s.. .. Duq L & P 5%s 49 Duquesne Light 6s. Est Cuba Suz 7% Empire G & F 7% Fisk Rubher 8 Goodrich 6% Goodyear 8s 1931 Hershey 5. . Frumble O & R 51 Tilinois Bell 1st 5¢ Tllinois Steel 415 s Int Paper 5s 47. Int Paper 6s... 3 IntT&T5% Kan CP&T 58 A 52. Kan G & El 6852 Kelly-Spring 8s.... Lackawa S 58 50 Laclede G 5148 52. . Liggett & Myers 55. Louisv G & E 5s 52. Manat! Sug sf 738, Mid-Con 6%s 40 Midvale Steel 5s. Montana Pow 6s. Mor's & Co 1st 4 New Eng Tel 58.... N Y Edison 5s 44. .. N Y Tel 4%s N Y Tel 6s41. NY Tel 65 49. North Am Ed 6s. Nor Ohio T & L 6s. . Nor States Pow 55 Pac Gas & E15s Pan-Amer Pete | Peoples Gas 5s. . | Phila Co 5165 38. PhilaCorf6SA. ... | Phila & RA C &1 58 | Public Service 6s | Public Serv Elec 6s. P Serv Gas 5%s 59. Sinclair O116s. . Sinclair Ol 6%s. Sinclair Ol 7s | Sin Crude Ol 6s | Sin Pipe Line 5s | So Por Rico Sug 7s. | Southwest Bell 55 Sug East Orient 7 | Tenn Klec Pow 6s. | Toledo Edn 1st 7s. . | United Drug 6s. | U'S Rub 1st rf 5s. | US Rub 7%s U S Steel sf 5s Utah Pow & Lt 5s. | Vertientes Sug 7s Warner Sug 7s 39 Warner Sug 7s 41 | West Elec 5s. Westn Union 63s. ‘Westinghouse 5s. Wilson & Co 38t 6 Winchester & 7 ‘Foungstn S&F 65 1 Y8y 98t 9815 9815 2 100% 97% 101% 961, 100 92 964 101% 2 100% 111y 108% Orient Dev deb 6s. . 24 12 10531 105 8 2 104 28 109 27 98 98 98 98 100 97% 101% 96 100 9% 10914 104 10314 4 104% 104 15 Beth Steel 5% 53. T 12 Tnt Mer Marine 5. 148 6 54 266 5 8 31 17 8 39 4 5 59 101 108 104% 9554 103% 101% 106 924 104% 109% 109 4214 051, 101% 09% 103% 99% 108% 110% 104% 95% 100% 100% 105% 102 100% 104% 5 102 3 remingtn Arms 6s. 12 Reming! ® 100 9 38 28 56 3 104 107% 105 96 101% 105% 108% 107% 95% 106 107% 98 99% 85 96 103% 111% 101% 101% 104% 104 100% 1 104% 9814 1027% 1014% 105% a8 104% 1094 108% 1% 4% 101% 99% 104% 105 96% 1017% 86% 1031 162 31 1001 101 15 Sales. High. Low. Close 98 98 9% 98 100 97 101 a6y 100 91% 104'% 102 a7 9 102 103 103 113% | 9%% 7% | 1045 | 93% 104 100 108 1041 109% | Gan A & Arn P 4s.. 1024 104% | Western Pacific 5s. 101% | West Shore 1 104 FINANC stoox camver] | [NVESTMENT BOND RAILROAD. Sales, | Atchison gen 4s 28 | Atlantie CLel4s.. "6 AtlanCL 4%s64., 10 AtlanticCL 7s.... | t1& Dan 2d 4348, 6 {R&O coid 4s 17 B&Ocvilys, 59 B& Oref 5s. 37 B& 0552000 D.... 26 |B&O1stss 26 9 6 1 1 1 1 B&Oreimp6s,... § 1 |B&OPLEWY 4s.. 28 B&OSwDivhscfs 4 | B & O Toledo 4s 5 | Bklyn Manhat 6s. .. 3¢ | Buft R&Pitt 4%s.. 10 Centof Ga 6s..... Central Pacific 4s. . Cent Pac 1s Ches & O cv 414s. Ches & O gn 4145, Chi & Alton 3155 ChiB & Q gn 4s Chi& EIgnbs. Chi Great West 4s. € M & Puget CM&StP4 M&SP cv 5s ¢ CM&StP6s Chi & NW gn Chi & NW 6 ChiRT&Pref 4s Chi T H inc 65 60. . Chi & W Ind cn 4s | C&WT51s62 COC&StL bs. . CCC&StLrf6s A | Clev Term 5s. C&S I8t 4 Cuba RR5s. .. Cuba N R 63 66 | Del & Hua st rf 1s Del & Hud ev 55 35. > Den & Rio Gen 4s.. 14 D & Rio G imp 3 D Rio G West 5s rie 1st cons 4s Irie gen ds. .. | Erie conv 4s'A. Erie conv 4s B. Erie conv 4s D FErie conv ext 7s. rie & Tersey 65 | Erie Gene: FlaEC5s74... Gr Trunk stdb Grand Trunk 7s. Gt Nor 414576 D. | Great North 5 Great North Gr Nor zen 7s Hud & Man ref Fiud & Man aj 5 T Cen 4% s 66. | Tl Central 53s. 11-C-C StL&NO 6 Tnt Rap Tran5s... 67 Tnt Rap Tr 5s stpd. 270 { Int Rap Tran 6s. .. Tnt Rap Tran 7 195 10 9 - 15 { Kan City Ft S 4s.. < as City S 3s. .. T.ake Shore 4s 28 Tehigh Val en 4s 1% | Louis & N uni 4s “; | Louis & % | Man Ry 1st 00, || Market St 7 40, VIIEIRv& LS . MSIP&SSM5s382td M St P& SSM 5lés M St P & SSM 61 MK&T4sB M&& Tadjss.... MK&TorinssA. 52 Mo Pacific wen 4s.. 114 Mo Pac 551985, 17 o Pac 6549 D Mo Pac 6s55E. ... Mont Trm ref §s 41 Nassan 73 Ry 4s 57, | New Or Term 4s INOmev & M5B INoTeMsus | NV Cen wen 3t N Y Cent 4598 NYCentrifs. .. I NVORISSIL 51454 INYCRStL6sA New Hav deb 4s § New Haven ¢ d 6 N Hav&H clt 65 40. N Y Ont Wistds. . | NY O&W ren 45 55. N Y Rys 6s . | NV Rvs6s A6 e e e ™ IS “ | Northern Pac 3s. .. { Nor Pac 415 2047, Northern Pacr 1 6s. Ore & Calif 1st5s. . Ore Short L rfs 4s. Ore-Wash 1st 4s Pennsyl gen 11;s. . Pennsyl 5s 64. ... Por RL&P 7145 46. Readinz zen 414s. . Readine J C4s61.. Rio G W 1st 4s Rio G West ¢l 4s RIArk & L4ks StLIM&S 4s29... StL&SFpldsA.. StL&SFprinss. StL&SF5%sD.. St L& S Fadj6s StL&SFinc6s. .. IStL&SFpl6sC.. StLSWeconds32. 9 St P& KCShL 4%s l: Seaboard AL 4ssta 6 Seab ALrefds.... 10 Seab A L adj 5s. Seab A L con 6s. Seab ATl Fla 6s Sou Pac 4s 29 Sou Pacific clt 4s Sou Pacific ref 4s. . Southern Ry zen 4s Sou Ry Con 55 94... i SouRy 6s56...... Southern Ry 6%... Sou Ry Mo & O TexArk FS 5% Third Averef 4s... Third Ave adj 5s...141 | Tol Tr L&P 53530 28 i Union Pac 1st 4s. 6 nion Pacific cv 6s. 4 irginia Ry 1st 5s. 33 | VaRy & P 5s 3 ‘Wabash 2d 5 1 Wabash 5%s West Maryland 4s. 21 4 4 | Wilkes & E 1st 5 i 107% | Wisconsin Cent 4s. 108% 103 99% 105% 107% 107% 9454 1057% 107% 98Y; 99Y; 84y 96 103 1% 101% 101% 104% 103% 105 25%| GERMAN BONDS AND STOCKS. (Quoted in dollars per million marks.) 101% | 9214 | 7% {Ger Gt (w In) bs 191418 | Hamburg 4 (Quoted in dollars per thousand marks.) 1034 | Ge, 99% 105% 74 | Hamby Elect 4148 pre-war. Ger. ect 4138 1019 | Berlin 4s pre-war.... Hamb 3s, %8 & 48 pre-war g Amer Line 4343 orth German Lloyd 415 orth_German_Lloyd. .. 95% | Prussian Consols 338! 106 Krupp 58 1921... .. 1sseldorf 48 pre-war rankfort a-M_4s pre- Munich 43 pre-war Badische Anilin. AE G (Ger Go' Elec. AEG (GGE) ptd B Commerz and Privat Bank. Disconto Gellschaft . Dresdner Bank Deutscho Bank Darmstaedter Ban Mercur Bank Vienna. Heyden Chemical. .. Aust A E G (Gen Elec] ¥e Berliner Handels. . . ot 93 High. Low. Close 92% 93 91 a1 98% 98% 104% 104% 3 3% 94 94 97 97l 100% 100% 100% 100% 105 105 102% 102% 107% 108 2% 984 1024 102% ] 91 98 04% T34 91 974 00% 00t 05% 02% 841 108 1024 91 | utilities 4% 92% 87'4 98 964 94% S9% 4% 113 LIEN 100 Tl 82 4% 8% 8% £4% 107 5 111% 111% 9G% 107 115 9 102% 108% 113% Q8% R4 108 12% Y% P4% 96% 102% 103% 103% 9% 79% 9% 79% 83% f3% o8% R £5% F5% 92% 3% 9634 101% 76% 094 9% 106% 1061 106 1061 98% 99 60% 61 A7 87 99% 99% 104% 104% 81% 82 90% 9% 105% 1051 10554,105% 1024 102% 691 69 1054 105 102% 1084 7 78 % T1% 33 34w f5% RA% A3l Ky 79 794 1% 91% €5% 5% 96% 96% 112 N3 100 100 98% ORw /74 £Ty 093 99% 1024 107y nz 12 106% 1063 41% 10%% 106% 07y 9214 915 83% 0415 9% 24 9934 1021 99 05% 101% 94Y% 03 R87% 8014 73 £2y 6% 2616 8% /815 93% 6% 107 113% 1194% 9215 6% 101% 6% 651 63% 99", 90y 102 103% 99 101% 104 5% 29% 86% T4% 83 Bid. Asked. 1750.00 1800.00 95.00 105.00 26.00 2.0 233883 SSCEES 2 IAL. LIST STRONG TODAY |Realizing Sales Encountered by a Few of the Foreign Obligations. BY GEORGE T. HUGH Special Dispatch to The Star. { NEW YORK. December 20.—The | market started off the week stron again with the exception of a en issues which had absorh realizing sales. Domestic ments, however. were in active and, not only high grade, bu middle grade as well. | The Liberties were conspicuous second 4! Liberties sold at The new high for 1926 above 101 and the jfirst 44s and the fourth 4%« | duplicated their previous bhest price | for the vear eurly in the day. T second 4%, Liberties are the lowes i priced of any of the 41 coupon r: bonds, but that is because they retirable next the option | the Government, although not matu: ing until 1942 Buying represent belief that with the refunding of the third Liberty loan in prospect fe 1928, the seconds will be allowed ain outstanding |, A8 a rule the gilt edge railwa: honds were neglected. Industrials an were more active. Oblig: tions in demand included Americ Telephone & Telegraph 514 me company | Weste . The | higher ndependent steel i« | sues were in brisk demand for a tim under_the leadership of Bethlehe | Steel 5138 above 97 and within a { tion of the record. and of Republ 2 Iron & Steel 51,5, which gained ove | half a poir; 1ing Steel ; tand Tube Midvale Steel 5s, Whee s and "Ill)uxll:fltown Shee | s were all well supported Features among the oo !:' ira!lfl included Peor and Eastern i | comes and the low coupon rate Ne \H.l\ n bonds. With the New Have .\hu\\n!z such remarkable improv. ment in earnings, its bond list is he ing combed for issues which combire atractive yield with the possibilit |of price enhancement. New Yorl | Westchester and Boston 4138 com: within this classification, as this s « New Haven obligation. The bonds'sol today within a fraction of the best of | the year, the advance coinciding wit} | the publication of the November earn. | nes tatement which showed « large ase over the s " e same months a yeur Local tractions ran | published discussion of {Tare. The leader | ways Incomes, which, at 34, wi a { point_above the preceding (-losfv.m.a?l | the Interboro obligations were high |er and so were Manhattan Railway Even if the elevated raflroads | are dismantled the bondholders will lh:’\;;;: to he cared for. e recation in the foreign gro vas confined to a few specific. honda, wne of them the Itallan 7s, which = sold | down below 93. There was some re alizing also in the new Belgian 7 per cent stabilization loans. The older 7« were firm. Heavy selling of Frencl T%s was well absorbed around 104 The German government 7s got back below 106 in contrast with the re- cent high of 107%. Japanese 6155 were in supply for the most part. up easily on an_increased New York Rail- CUDAHY HAS GOOD YEAR. CHICAGO, December 20 (#).— Cudahy Packing Co.s earnings are more than $1,000,000 over those of a | year ago and constitute the best 12- month total in the history of the company. SUSPENDED FROM CURB. NEW YORK, December 20 (#)—0Offi- cials of the New York Curb Market announced today that W. W, Lennox had been suspended from regular membership “‘for failure to meet his engagements.” il TREASURY CERTIFICATES, (Reported by J. & W. Seligman & Co.) Washington Gas 6s '52—$1, 33 $2.000 at 1053 Bende ity Potomac Eleciric pfd—5 at 10 AFTER CALL. onal Union Fire Insurance Co.—80 al Traction 5s—S$500 3 "¢ baver Gae—8%,000 at D5 D. Money—Call loans, 5 and 6 per cent. ! Bid and Asked Prices. | BONDS. PUBLIC UTILITY. American Tel. Amer. Tel. & Am. Tel. & Tel. ctl Anacostia & Pot. R. Ana. & Pot. guar. 5 hi & P Telenhone of Cavital Traction R, R. v & Suburban_bs. Georgetown Gas lst ba. Potomae Elec. 1st 58 Potomac Elec. cons. Potomac Elec. 65 19! Pot. EI. Pow. g & rfd. 7 Wash. Alex. & Mt. V. Gs Wash. Alax. ‘& M. Wash Balt. & A Washington Gas Nati at 23. c 32332.53333 85333333 Cheve Chaw Bits. exinnt Farms D D.°C. Paner. Co. Miz. e Pot. Joint. Stock L4 Bi Mit, Cold Storaze Wardman Park Hotel 5% s STOCKS. PUBLIC UTILITY. American Tel. & Telz: Capital Traction. Washington Gas. . s Norfolkc & Wash.'$iéamboat. Potomac nid. =3 Wash. Rwy Elec. Wash. Rwy. & Flee. pfd NATIONAL Columbia Commercial Distriet ) Farmers ‘& M Federal-American Liberty Lincoln National TRUST COMPAN American Security & Tru SAVINGS BAN Commerce & Savings. East Washington. . ecurity Savings & C Seventh _Stree United States. .. Washington Mec American Corcoran .. Fireman's National Ui Columbia Title .. Real Estate Titie Title Inv. of Md. co MISCELLANEOUS. D. C. Paper pfd.. Fedoral- American” ¢4¢ ral-American nfd ‘ederal Storage nid. Lanston Monotype Merchants: Storase erchants’ Stor. Sanst 2 2 an: ergenthaler Linot; Natl, Mug & Tov. ¢ oples. ores i With:"Mech: Mtg. Co. Security Storage.....,.... Washinzton Market *Ex dividend.