Evening Star Newspaper, November 25, 1929, Page 14

14 s CHRISTMAS SAVING FOR 19300 START 2 Tigh 1% Banks Will Open New Ac- rggu counts Here Next Satur- day Morning. BY EDWARD C. STONE. The 1930 Christmas savings clubs will be opened by about 30 Washington banks next Saturday morning. Checks for the payment for more thap $7,000,000 saved in this year's ¢lubs will be forwarded to members next Saturday afternoon and delivered in the mail on Monday morning, December 2. The banks are to mail all these checks in the main office, where they will re- celve special attention by post office officials and clerks so that all will be in the hands of their owners before 9 a.m Monday. The new clubs are usually opened on the first day of December, but that is Sunday this year, so the earlier date ‘was decided upon. lnctd!‘?ta“)'.dsntur- day will be a Government pay day, so “fhat & host of deposttors Wil be at the banks anyway. Funds Redeposited. In the past considerable money from one year's savings clubs has been put hlck into the next year’s club or into permanent savings. It is expected that the same policy will be adopted again this year. Statistics prove that a large amount of the Christrnas club money s used in other ways than for holiday shopping. It is & time of year when extra funds are needed for scores of different purposes, Rent, clothing, insurance, food, auto- mobile "installments get their quota, bat thrifty club members also see.to it that part remains as permanent savings. m lfl 400,000, the amount saved in clubs conducted in this fiw‘ to ‘7 400 000 is a brilliant showing. The membership this year totals 87, 'fll an increase of 4,523 over 1928 and & gain in the amount of money placed in the clubs of $415500. In 1925, the first year in which the local banks con- ducted a combined advertising cam gl.n there were 66,279 members. Ir e 12 months they saved $4,447,741. The Christmas savings campaigns ‘have been conducted by the advertising committee of the District Bankers’ As- sociation, the chairman being Eliot H. 'l'hamwn of the Washington Loan & Trust Co. loml TIssue Redemption Soon. Holders of Chestnut Farms Dairy, Inc,. l% cent bonds, 1924, should bear in that these bonds have been called !or payment on December 1, at 10713 lus inurm As December 1 is a Sunday {ney will be paid next Monday, the first ess day after the redemption date. ml’z are $637.500 of these bonds out- mm‘mdmenmmuehubeen ‘The bonds are listed on the Washing- ton Stock Exchange. The high for the nlt resent year is 107, the low 106 and the ule was made at 106%,. As all in- ceases on the vedempunn date, holden should act promptly in turning them in. It is always the case in con- nection with the redeeming of a bond 4ssue that many holders put off asking for 'Ltyment. m£ fi::gn&lhst tl;t:r h:re surprised at they have considerable interest. Local Trade Holds Up Well. Incomplete reports from the Federal Bank of Richmond indicate that whole trade in the fifth district in October will equal' that of ocmber a ago. With several firms to be fl‘-'m from, at least two lines will have increases to offset possible losses. Two lines expect to break even and another expects to show a slight decline. !)nnnmmle weather has delayed movement of many retail lines, hlt holiday stocks are beginning to move satisfactorily. Christmas sav- funds, which show an increase the district, will be available next week. ‘Debits to individual accounts for the week ended November 13 show a sharp decline over the preceding week, but are 1 per cent above the corresponding ‘week of last year. Starting of work on two big passen- ger liners at Newport News, and the awarding of a contract for a $3, 00000 addition to the American Tobacco Co.’s Richmond plant, which means added mploymem for 1,000 by April 1, are the most_encouraging industrial events of the past few days. Retall Trade Reviewed.' Out of 700 replies to a survey of the retail field throughout the country made by the Financial World, 428 accredited retal report their business unaffected by the market break, against 272 who stated their business had been adversely affected. Jewelry, furniture and man's furnishings showed up worst, while gro- ceries, hardware and general merchan- dise showed up best. Geographically, the further west the replies came from, the ’}en effect of mnrket conditions on Teta! Local Bonds Popular Today. ‘Bonds drew their full share of atten- tion on the Washington Stock Exchange today. The opening was a $3,000 turn- over in Washington Gas 6s, series A, at 100%. Washington Railway & Electric 4s sold to the extent of $2,000 at 82. Capital 'rncuan 5s figured in a $2,500 sale at 903, followed by a small sale in Gas 6s, series A, at par, and $300 more at 100';. The final bond sale was in Wumnmn Gas 5s at 99. The first stock transfer was in Poto- mac Electric Power 5!2 per cent pre- ferred, at 104%. Mergem,h!.ler opened 1, and closed at 103%, on smail sales. Merchants Transfer & Storage common =old at 111, 35 shares of Poto- mac Power 6 per cent preferred changed hands at 109 and 200 shares of Na- Monll Mortgage & Investment preferred The last stock sale was 35 shares of Capital Traction, which moved at 75. ‘The board of governors met after the trading session and voted to close the exchange on Thursday, Priday and Sat- urday, in conformity with the action taken by the New York Stock Exchange Finaneial District Notes. The Bond Club meets with the Ad- wvertising Club tomorrow noon at the Nation: Press Club, when Merle “Thorpe, editor of the National Business, will the guest speaker. The two clubs expect a large turnout. Much favorable comment was heard in the financial district today over the appointment of George O. Vass as gen- eral chairman of the committee to ar- range for the next convention of the District Bankers' Association. Local brokers consider the let-up in trading on the New York Stock Ex- change as an encouraging sign. Further gelling by people in an embarrassing position is looked for, but the yields on good stocks are bound to be felt before very long, brokers declare. phsai be R Aircraft Firm Expands. NEW YORK, November 25 (#).—The Pratt & Whitney Alrcraft Co, sub- sidiary of the United Aircraft & Trans- port Corporation, was reported today to have acquired control of the Bavarian Motor Works of Munich, Germany. Gold Shipment to London. NEW YORK, November 25 ().—Ar- rangements have been made for the shipment of $2,816,000 in gold from Buenos Aires to London. Improvement Budget. ORK, November 25 A#).—The 96 857% 10 F!NAN CIAL. Yesterday's sales Stock ana Low. Dividend Rate. 836% AbItibI Power & Pap 69 Abitibi P & Ppf(8). 60 Abraham Straus 19 Adams Millis (2). 4% 7 Adavance Rumley. 119 4% 223% 354% 125 142 mm 96% B81% 55 AT% 9814 199% 15 Advance Rumley pf. % Ahumada Lead. 77 Alir Reductn (4% 20% Afr Wal E1 Ap(2% 2 Ajax Rubber 4% Alaska Junea (5 AlbanyP W Pa 20 80t% Alleg Cpt (5% )xw., 197 Allied Ch & Dye (6). 118% AllledC& D pf (7).. 35% Allls Chalm (n) (2).. 23 Alpha Port Cemt(3). 17% Amerada Corp (2)... Am Bank No!l(fl‘). 74 Am Beet Sugar. . 27 Am Bosch Magneto. . 40'% Am Brake Shoe 2.40. 4% Am Brown Bov Elee. 86 Amer Can (15) 1334 Am Can pf (7).. 75 Am Car & Fdy 18% Am Encaust Til (2).. 23 Am Eutopean Sec. 50 Am & For Power. . 101% Amé&Forn Pwr pf(7) 864 Am&For Po 2d pf(7) 19'4 Am Hawatian (1)... Am Home Prd (3.60) American Ice (3).... Am Ice pf (6).. . 29's Am Internat (312) 2! Am La F & Foamite. 90 Am Locomotive (8). 111% Am Loco of (7) Am Machine Co (17) 311 Am Metal (3) 1 Am Piano. 644 Am Pow & 70 AmP&LpPTA(3 72% Am P&L pf A st (). 28 Am Ra&Std San1%. 12% Am Republics. 62 % “4) 123% Am !mt Ref pf ('l)- 310% 232% 235. 27% 58% 49% 111% 140 80 68% 494 18% 10% 86 Am Stores (12%)... Am Sugar Rfg (5)... Am Sugar Rfg pf(7). Am SBumatra (3).... 193% Am Tel & Tel (9 160 Am Tobacco (110). 160 Am Tobacco B (110) 18% Archer-Dan-M (2). 5% Armour I11 (A) 2% Armour 111 (B) 65 20 66%. 146% 106 80% 0% 49% 101 1% 84% 104% 60% 140% 128 136% 891y 100% 86% 634 43'% 98% 265'% 108% 145 4% 15(‘/- 88% 344 62% b1%m 79 99 63 246 24% 93 85% 92% 96% 26% 30% 183% 100% 70% 6% 23% NEW Y 1930 improvement bt 't of the Chi- cago, Rock Island & Pacific Railroad wfll total about 850,000,000 and includes hase of 41 hew‘&.m mu cars and 24 Powder (15) ... Atlas Tack. Auburn Auto (14) 49% Austrian Cred (4.49) 5% Aviation Corp. Del.. 15 Baldwin Loco (new) Baltimore & Ohlo (T) Balto & Ohio pf (4).. Barnsdall (12%).. Beechnut Pkg (¢3) 116% Bethlehem St pf (7). 37 Bohn Alumn&B (16). 70 Bon AmiCo (15).... 53 Borden & Co (3) 20 \Briggs&Stratton(3). 14 Brockway M T (3). 40 Bklyn-Manhat (4). 76% Brooklyn Man pf(7). 7 Brooklyn & Queens.. 99 Bklyn Union Gas (6) 36 Brown Shoe Co (3).. 16% Bruns-Balk-Col(3) 4% Bruns Ter & Ry 5. 14 Bucyrus Erte (1) 26% Bucyruscv of (2 9 » Budd (EG) (1%) 25 Bullard Co (12) 21% Bulova Watch (3) 88 Burns Bros A (8)... 29 Burroughs AM(11.80 31% Bush Term (g2)...... 2 Butte Cop & Z (50c). 5 Butte & Superior (2) 50 Byers (AM)... 20 By-Prod Coke (1). 63% Calif Packing (4). 1 Callahan Zinc & 7314 Calumet & Ariz (10 1l Wyant (2). 189% Canadian Pac (10 30 Cannon Mills (2.80).. 17 Capital Adm (A).... 180 Case (J 1) (6). 113 Case Th Mch pf e 84 Cavanagh-Dobbs.... 31 Celotex (3).. 21 Cent Aguirre As 1%. 27% Cent Alloy Steel (2). 3 Century Rib Mills. ., 52% Cerro de Pasco (6) 11% Certain-teed Prod... 18 Checker Cab Mfg Co. 160 Ches & Ohlio (10).... 42% Chesapeake Corp (3) 4 Chi& Alton.. . 3% Chi& Alton pf. 7 Chi Great Western 17% ChiGreat Westn pf.. 16 Chi Mil St P&Pac. Chi M1 St P&Pac of. Chicago & N W (5).. 134 21% Ch1 Pneu Tool. Chi Pneu T pf ’Ih Clt’ Stores (1). 101 Coca-Cola (4). 44% Coca Cola A (3). 10 Collins & Atkman. 27% Colo 1 & lron 62 Col Gas & El (2) 99% Col Gas& E1 pf A 6). 86 Col Gas & El pf B (5) 16% Columb Graph(87¢). 105 Columbian Carb(6). 18 Com Credit 12)... 2% Comm Credit A (3). 2814 Comm Invest Trust. 87 Com Inv Trof(6%). 20% Comm Solvents (1).. 107% Comwith Power (4). 10 Commé&So(bb%stk). 35 Conde Nast Pub (2).. 11 40 Consol Cigar (7) 10 Consol Film (2) 16% Consol Film pf (; 80% Consol Gas, NY (4) 924 Consol Gas of (5) 45 Consol RR Cub pf(8) 79% Contl Baking of ll)- 38 Contl Bank (1 20) 40% Contl Can 2% 20% Cont . 46% Contl Insurance (2). 18 Conti Oll of Del. 70 Corn Prod (13%) 20% Coty Ino (x2).. 24 Cream of Wheat (2). 20 Crex Carpet. 17 Crossiey Ra¢ g’IV- Crown i 64 Contl Motors (80¢).. 16! Cork & Seal Crucible Steel (§)a... THE EVENING STAR, WASHINGTON, D. 'C., ition of toda; In‘.lvfillllllln--. ‘or compilat y's are given in this Sales— o1 8. mien. Low. Close. Close. 38% 39 % 7814 79 - Jew 181% 182% 25% 237 25M 22% 2% 2% 2% % 6 66U 10 23% 96 87 874 zn 245% 249 250 122% 122 122% 121% 48 46% 47 48 1 % 133 125 % - Boaan~oeSaanns 21% 6% 71 T6% 105'6 105'& lOE"u 105 90% 1914- 20% Bl 52i% 38 38U 87 88 39 40% 3 [ 3 112 110% 112 111 115% 115 115 lD% 185 192 Stock and idend Rate. Aad o0, lun. 2% Cuba Cane Sugar pf. 5 CubacCo...... Cuban Dom Sugar. 87% 836 Cudaby Packing (4). 132 30% 100 Curtis Publishg (+7) 7% Curtiss Wright Corp. 87% 14 Curt Wright Corp A. 121% 68 Cutler-Ham (3%). 69% 214 Davison Chem. H 141% Del: 169% 1204 Del De 1) Dominion Strs(1.30) Drux Corpn (4) Dunhill Inter (24).. Dupont de N (15.20), 1 119% 107% Dupontd N deb (8 100% 961 Duquesne 1st pf (5). 264% 150 FEastman Rodll"l). 76% Ax] 7 305 13 128 75 724 3% T6M 8 135 134 134% 135% 4 424 414 421 41 56 50% 49 50 49% 22 ATH AT 4ATN 4TN 60% 61 63 3 103% 103% 103% 104 1 25% 25 25 26 97 2241 220% 223 223 239 204% 199% 200 204% 2 203% 198% 202 202 2 118 117% 117% 118% 116 88% 9% 821 834 B4% 24% 36% 12 27% 26% 27 27% 6% 6% 64 6% 3% 3% 3% 31 2 65 62% 65 63 1 104 10% 10% 11 1 23% 23% 23% 224 187 .87 80 % 80 37% 36 37 39 51 226% 224% 2244 227% 5179 179 179 175% 20 8% 72 72 72 146 42% 41% 41% 42% 1 88% 87 87 88 1 8% 8% 84 8 7 159% 149% 150 160 15 & 5 5 5 1 27% 27% 274 27 1 54 54 54 b4 80 T% TH TR T4 105 29% 28k 29 30% 57 118% 117% 117% 118% 2 8% 78% 8% 78% 1 €0 32% 31% 32% 33% 4 35% 34% 35% 36 233 91% 894 91 9\ 5 122% 122% 122% 122 B7 47% 434 43 474 W RTER T 45 66% 644 66 66 38_33% 31% 33 324 64 11% 10% 11% 11% 9 24% 24% 24% 25 5 19% 19% 19% 19y 1 5T b7% 574 b8k 12 831 83u 8315 83 1 8% 8l 8% 8 13 136 132 135 136 Fo42% 42% 424 42% 24 27 9% 10% 21 20% 17 35% B4% 35% 34% 7.11% 11 11 11w 7 34% 34 34 38u 19 27% 264 26% 274 1o9g Hpgr g gl B8 444 42 4% 4dn 40 40 4 4 6 5% 5% 64 50 1% 67 0% 3% 24 27% 26% 27 27 15 70% 69 69% 69% 1% 1% 88 92 35% 85% 3T 20% 20% 23 82 68% 66 66 69 18 202% 2004 201 202% 4 31% 30% 30% 30% 10 26'% 24% 264 26l {74 20315 1827 200% 184% 1121 120 121 120 9 9% 9% 38% 38% 254 25 34% 36% 4% 6% 624 67 13% 14 315 378 39% 199 199% 203% 0% 574% 60 684 5% 6% b4 6% 10 29% 234 23% 23% 40 41% 40% 88 K8 BOY 139 1391 26% 26% \27% Bl% Bl% 50% 22 119% 118 118 119% 2 102% 102 102 100 129 28% 28% 29% 4 b5% 53% b5. bdl 141 33% 3204 33 33 54 10% 104 10% 10% 5 124% 122% 124% 124% 1 46% 46% 46% 47 12 17% 17 17% 17% 4 84% 34 70 T2% 74 9 105% 105 105 105 885 881 884 B9Y 210 25% 224 26% 23% 27 147% 142 145 1474 48 25% 24% 25 26 3 85 33 33 B6u 2 42% 41% 414 42y 1 891 89% 8915 90 220 285 26% 28% 29 1110 110 110 110 99 13% 13% 13% 14 38 14% 53% 49 16% 21 99% 100% 98% 98% 48% 48 1% 1% 16% 14% 5 5 39 6 88 404 | 56 2814 65t 8 | 27 791 29% 29 20 20 49% Endicott-John (5). A1 Eng PubServ (11).. 84% Eng Pub Svo of(5%4) 31% Equitable Bldg(3%). 41% EMeRR.. 55% ErfeRR st Df u).. 52 Erle R R 24 pf (4) 87% Eureka Vac Cl (4). 15 Evans Auto L(33%). 3% Fairbanks Co.. 28 Fed Watr Ser A 2.40 474 F1d Phen F Ins (2).. 44% First Natl Strs (1%) 314 Fisk Rubbee. 321 Follansbee Bros(13) Florsheim Shoe A. .. Texas 8215 Fuller pr pf (18.68) 6 Gabriel Snub A. 107‘/. 102 Gen Cable pf (7) 42 Gen Cigar (4). 1684 Gen Electrio (16 11 Gen Elec spec (80c). a5 "1 Food Corpn (8) 59% Gen Gas&Flec A (e2) 76 Gen Gas&Flec B(e2) 50 Gen Mills (13%) 33% Gen Motors (13. Gen Motors pf (7) % Outd Ad vte (2). 20 Public Serv(be) 70 Gen Ry Signal (5)... 50 Gen Refrac (t4%).. 80 Glllette Saf Raz(ch). Gotham Silk H (3%) 4 Gould Couples 3% Graham-Paig 7 Graham-Paige 46% Grapby Copper (8).. Grand Storas (¢1) 153'4 116 102% 48 103% 121 142 145 59'% 102% 39'% 2% 128 6814 43 106% 137% 125 57 48 51 49 9% 9% 80 137 112 9% Grand Union... 30 Grand Union of (3).. 82 Granite City Stl (4). 42 Grant (WT) (el)... 85% Grt North pf (5).... 85% Grt North pfet (6).. 19 Grt NorOre (a1%). 75% Gulf Mo & N pf 42 Guif Sta Steel (4 12 Fahn Dept Stores. .. 74% Hahn Dept S pf(83%) 21% Hartman A (2)...... 13 Hartman B (1.20)... 5% Hayes Body b8 % stk 80 Hercules Powdr (3). 45 Hershey Chocolate. . 60% Hershey Choc f (4). 5 Hoe (R) &Co... Holland Furn (e3%). Homestake Min (17). Houd Hersh B (1%). Household Prd "d)- Houston Ofl. Howe Sound (1434) .. 34% Hud&Man Ry (3.50). 60 Hudson Manh pt(6).. 38 Hudson Motor (6)... 18 Hupp Motor (f2).... Tllinots Central (7). 17% Independ O11 & G (2) 3% Indian Motor Cyel Interboro Rap Tran. Intercontinental Rul Intl Agricultural. A Intl Cement (4).. 8 Int Combustiol 80 IntiCmb Eng pf ). 65 Intl Harvester (2%4). Intl Harv pf (7) 23 Int Hydro El A (e2). 47 Intl Match pf (3.20). 184 Int Mer Marine etfs.. 26 Int Nickel of Can(1). Intl Nick Can pf (7). 20 IntlPap& P A(2.40). 12 Intl Printing Ink (3) Intl Stiver (18).. Int Tel & Teleg (3] 25% Inter Dept Bt (2). I type (£11%)... Island Creek Coal(4) 39 Jewel Tea (4).. 90 Johns-Manville (3). 1% Jordan Motor Car.... 60 Kan City Sou (). 63 Kan City Sou pf(4).. 12% Karstadt (Rud.) Ine. 18% Kaufmann DS (1%) 30 Kayser Jullus (4) 3% Keily-Spring Tire. 1 e e - T o 2 14 2 2 "--g - moNSRSwmnmeranne 19% 31 E2) 48% 15 18!6 48 21% 12 31% 30% 30% 1 116% 116% 1161 17% 18% 30 92 48% 14% 6% 46% 21% 131% 130% 25% 5% 214 19% 24% 3% 20% 18% 54 121% 116% 5 3 2% 3 45% Kimberly Clrk(2% ). 5 Kolster Radlo. . 224 Kreuger & Tol(1.34). 38% Kroger Gr&Bak(el), 80% Lambert Co (8) 10 84% Leh Val Coal pf (3).. 65 Lehigh Valley (3%). 28 17 80 31 87% Link Belt (2.60). 14% Lorillard (P) Co.... 7 Louisiana Ofl.. 28 22 Ludlum Steel (3). 304 Mac A & Forb(13.] McKeesport T P (4). 21% McKesson & Rob (3) 40 McKes & Rbpf(3%). 21 McLellans S(A)m20 55t Mack Trucks (8). 110 Macy(RH)&Cotc13) 11% MadisonSa G (1%). 35 Magma Copper (5).. 20 Manat! Sugar Df. i9% Man Eleo S8upply.. Mln Elev mod (4l Shirt (3) 1y M IDA 30 llnlllm (”I)- 108 26% 57% 80% 66% 63% 25% 56 24% 656 33 104% 102% 103 3 6% 6% 6w 24 1 5 42% 17% a8 9% 36 2244 92% 136 364 1!5!& “nh MONDAY, NOVEMBER 25, Stock Dividend R luu b lma. 2 Marmon Motor (4! llu Metro Gold pf (1.89). 9% Mexican Seaboard... 20 Miami Copper (4)... 224 Mia-Continent P (2). % Middle States Ofl et.. 135. Midland Stl pf(t12). 5% Miller Rubber.... 59 Minn Honeywll 'l“. 10 Mmn Moline Pwr. 1% Minn & St Louls 35 MStP&SSM. 274 Mo Kan & Texa: 93% Mo Kan & Tex % 46 Missour! Pacifie..... 1056 Missouri Pae pf (5). 35 Mohawk Carpet $3% . 47 Monsanto Ch (g1%). 49% Montgomry Ward(3) 1% Moon Motor (new).. 1% Mother Lode (40c) 3% Motor Meter G & aeis mouumnSEluoann | Motor Wheel (3) 10 Mullins Mfg. . 88 Munsingwear (3%) 14% Murraav Corp (k3).. 30 Myer(FE)& Bro (3). % Bella Hess(31). 140 Nat Biseuft (173) 59 Natl Cash Reg A (14) 36 Nat Dairy (32). 20% Nat! Dept Stores. 15 Natl Distillers. Natl Surety (5). 314 NatTeaCo (2)... 234 Nevada Copper (3) :prcrt Co A (3) NH&H (T).. % NY Raflways pf..... Norfolk South (23%). N YOnt& West..... Norfolk&Wstn(112). North Am(b10% stk) North Am pf (3) . North Am Fd pf (6).. Northern Pao (5). North Pacet (5 Nor Ger Lloyda(3.41) Norwalk Tire & Rb. 011 Well Supply. Oliver Farm Equip. . Olivr Fr Bip ev nt(3), Olivr Fr Eq nf A(6). Otis Steel (23%). Otis Steel pr of (7)., Owens 111 Glass (4).. PacificGas& B (2).. Pacific Lighting (3). Pacific Ol stub: . Packard Mot 0¢). Pan-Am Petroleum. . Pan-Am Pete B Panhandle P& R.... Paramount-F-L (3).. Park & Tilford (33). Park Utab........ Parmelee Tran (1 %) FINANCIAL Prev Low. Close. Close. 4 106% l01 3 Solvay Am In pf 6%. So Porto R Sug 13%. Southern Cal Ed (3). Southern Pacific (4). Southern Ry pf(5)... Sou Ry M&Oct (4). Spalding (AG) (2).. Spang-Chalfant. . Sparks Withngtn(1). Spencer Kelg(1.60).. Spicer Mfg. o Spicer Mg pf (3) Splegel-May-8t (3) Stand Brands (13). Stand Com Tob (1). Stand Gas & El (3% Stand G & B pf (4). .. Std Ofl of Cal (h2%) Stand OIIN J (12)... Stand O N Y (1,605, Sterling Ses A).. Sterling Sec cv pf(3) Symington A. ‘Telautograph 11.05. . Tenn Cop & Ch (1).. Texas P C & OIl (b) % Texas Pac Land Tr.. Thatcher Mfg (40c). Thatcher pf (3.60).. The Fair (2.40). Thompson J R (3.60) Third Avenue. ... Tide Water As: ‘Timken Roller (3). ‘Tobacco Products. .. ‘Tobacco Prod et Tobacco Products A. @2%). ‘Truscon Stl (f1. lo).. Twin City Rp T (4).. Und Elliod Fishr (5). Utd Cgar Stores ctfs United Cigar Strs pf. Utd Corporation. Utd Corp pf (3) Hoftman (2).... Ind Alco (6). Leather. Pathe Exchange. 105 4% STOCKS ARE LOWER ON PROFIT-TAKING Approach of Long Holiday In- duces Traders to Lighten Commitments. BY STANLEY W. PRENOSIL, Associated Press Financisl Editor. NEW YORK, November 25.—Stock prices showed distinctly reactionary ! tendency today as five-hour sessions were resumed. Prices of many leading 14 | stocks broke 2 to nearly 12 points dur- ing the morning, but brisk recoveries took place in many cases when it be- came apparent that the decline was not causing any extensive liquidation of either I.nvucmznt or speculative hold- ngs. ing was relatively dull, with the ticker keeping fairly well abreast of the market. Call money renewed unchanged at 4%, per cent, but the rate was again shaded in the outside market. An easy undertone developed in other monetary, 14 | markets. Business news generally was favorable. Wall Street was pleased at the response to President Hoover’s ef- forts to stimulate business and to re- ports that pre-holiday trade in the New York department stores was in large 14 | volume. Early selling was believed to represent profit-taking by traders who gpld ac- cumulated stocks in the early stages of last week’s advance and showed a disposition to take their profits before the beginning of the four-day holiday this week. Some experimental . short selling to test the character of the bids In the market also was in evidence, but with the Stock Exchange still demand- ing dally statements of short positions from its members such selling was rather uuunus in character, HONEY HARKET NEW YORK, November 25 (4#).—Call money remained in_good supply today ::1; I'h:! Afizflnd sll::lc h‘il'he Tenewal per cent, which maintained throughout the dl“hleflx:l"s vere available in the outside market at tantial concessions from the official Tate, Time money was dull. Shorter maturities were quoted at 5 per cent. The market for longer maturities was Te was a fair demand for 1 Aacceptances. Most dealers were firm in their asking rates of last week, nunely. 4% per cent on 30, 60 and 90 da % |4 per cent on 120 days and Il/fi per cent on 150 and 180 days. A few dealers were quoting rates at % of 1 per cent lower than the foregoing. First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company. lnc. TRUSTEFJ) SHARES INVESTMENT _for in. Tastors o [NUESTACENT SAFETY, YIELD and GRO Specially " suited o lons-teim . b A Sold in_Lots—$100.00 Up * The Pathe Exchange A Patino Mines ( Peerless Motor Penick & Ford (25¢) ) Penn Dixle Coment. . Penn Dixte Cemt pf. Philip Morris (1) Phillips-Jones (3 Phillips Pete (1%) Plerce-Arrow A. Plerce Ofl..... Plerce Petroleum. Pillsbury F1 (123%).. Pirelli Co A (2.88 Prairfe Pipe L 143.. Pressed Steel Car. .., Pressed St1 C of (7). Proc & Gamble (2) Pub Sve NJ pf (3)... Pullman Corp (4).... Pure O1l (1%). Purity Baker! Radio Corp. . Radio-Keith-Orph 7 Rallway & Exp (3).. RRSecICstkC(4). Raybestos (2.60) (R) & Co. . (R)&Co 18t(7). 3 3 Reming-Rnd 18t (7). Reo Motor (11.40)... Repub It & Steel(4).. Rep Ir & Stlof (7) Revere Cop & Brass. Revere Cop & Br(A) Safeway Stores (3).. St Joseph Lead (13). 8t L-San Fran (8)... St L-San Fran pt (6) Savage Arms (2).... Schulte Retail Strs. . Seaboard Alr Lin Seaboard Air Line pf Seagrave (e1.20) . Sears Roebe Second Natl Inv ctfs Sec Natl Inv pf ctf Seneca Copper Servel Ino. Sharon Ste: ). Sharp & Do pf LR Shattuck (FGQ) (1)e. Shell Union (1.40) Shubert Theatres. Stmms Pet fl lfll. 15 21 SinclairOil (12%). GERMAN BONDS AND STOCKS. Bid. Asked. Ger Govt Red Loan with drawing cis attached perm o R";‘lheut 0 24.00 27.00 Red of o R ML t 'J u-r per millidn, marks) Ge Seriin s ar. Hamburg 3s, 3'3s & 4 re- Hamburg American Line 4} Rfiph S ey Dusseldor{ Frankfort a-M Munich, n oBIE AEQ Elec) a (cl-rm.n Ge Sommers and Privat Sk Farben. e 88 o sELSSS22SEAES L8 £333833383838 iS855S Kahn Dislikes Talkies. NEW YORK, November 25 (#).~-Otto Kahn, banker, thoroughly dislikes the talkies. He welcomes them, however, as they are slightly more intelligent than silent movies and will lead the movies to & higher plane of intelligence " gng and art. Virginia-Car 6% pt. Virginia-Car pt (7) Waldort Systm (1%) ‘Walworth Co (2) Ward Baking B. . Ward Baking pf (7). Warner Bros Pie (4). '25\6 Warn Br P pf(2.20).. 1l: “Warner-Quinlan (2). Westn Dairy A (4).. Westn Dairy (B).... Western Maryland. Western Md 24 pt, Wm rn Pacifie. Wl tngh Alr Brk(2). Westngh EI&M (4).. Weston El Instru... Weston El A (2). White Eagle O1l (2) ‘White Motors (2)... ‘WhiteRock M S (N) Wi - o 3 SEFE FTEEEEF Wright Aero (2). y Wi ). Yale & Towne (15). Yellow Truck & C... Young Spring (3) Young Sheet & T (5) Zenith Radlo (2). RIGHTS EXPIRE Allis-Chal, n. Dec. 31 Am Rollg M..Feb 15 Bang & Arcos Dec. 1 Bucyrus Erle Dec 30 Col. Carbon. . Mar. 11 Det Edison. Gen. Asphalt.Nov. 27 Grant (WT).Nov 26 Kreu&Toll....Dec 2 N Y Central Reynolds Tob.Jan 24 Utd Gas Im..Dec 31 «n Sales of Stocks on New York hange. 1 IOA:::......Z oy Dec. 23 .Jan31 556,000 13: 189, /@ table are R Call or Write Business Notes By Tess. NEW YORK November 25.—The General Electric Co. has been awarded & contract to furnish complete elec- trical equipment for one of the two; electric passenger vessels for trans- oceanic service, being built by the New- port News Shipbuilding & Dry 3 Co., for the Dollar Steamship Line. Iy Steadiness and good buying charac- | Chic: terized the market for electrlnl equip- ment and apparatus in the week, according to the lleemul orld. Re- ports recelved from all sections of the United States reflect conditions as fa- vorable evmwhm in the al in- dustry. ly the Pacific Coast, where present bualnul is normal, is displaying caution in forward buying. The average price of crude petroleum | Sh {n 10 producing flelds was unchanged last week the previous week at $152 a bnml. according to the Oil, Paint and Drug Reporter. price for the corresponding period year was $1.602 a barrel. The Penn Dixie Cement Co. has ad- °“io ‘cents in the Lehigh Valley ter- The lvenlel s SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co) Allis-Chalmers Co. 5s 1937. Alum. Co. of Amgr. 55 195: Amer. Rolling Mills 5s Armour & Co. of Del. 5 Balti. & Ohio 4las 1933, Bat. Petrol. Corp. 4'as 142. Bell Tel. of Canada 55 1957 té:lrl‘l.dr:kn')'la:nmncorp 5"11 l.l. a Gankdian Nor. Rwy ik 50,005 198 p. Corp. 65 1937, T, o0, - il_of Humble Ol 5as 193 Intl. Match Corp. 88 i n Short Line ds ml ;‘r.umu Potmlt\lin 5! SILVER QUOTATIONS. Bid. Offer. 3 101 98 NEW YORK, November 25 (#).—Bar dollars, 36 silver, 49%; Mexican . Real Estate Investments Nat.5291 1520 K St. N.W. Established 1899, INVEST IN First Deed of Trust Notes 6% & 629, Denominations of oo, Doered and §1,000.00 Consate WELCH reattors Loan Specialists 1 &N Y Ave NW. Na Savings & ‘l'rll‘ Money to Loan Secured by first Freraiting interest and sommisaion'™'* Joseph I Weller 42, Ak L & Treey JO8epN " Veller mis.'sw & ¥ Nw. MORTGAGE NOTES DO NOT PARTICIPATE IN. PROFITS NEITHER DO THEY SHARE IN LOSSES. Get and Read Our Booklet -LUCH; Nat. 2345 HANNON 1435 K St. Y Xi S in Seie sad ‘Soumg 0k Guaranty First Mortgage Notes and Bonds ubi ey are eluulv 1 & safegu: rl:d by Capital Resources $3,400.000" 24 JACKSON PLACE