Evening Star Newspaper, December 9, 1929, Page 15

FINANCIAL, THE EVENING STAR, WASHINGTON, TRUST CO. ENTERS D. €, MONDAY, DECEMBER 9, 1929, SRS PIRNGIAN, s 15 1 BONDS ON THE CURB NEW YORK CURB MARKET jri rine oom RADIO INTERESTS g - W U, S Sales in DOMESTIC BONDS. 4 Prev. 1929- Stoex ana g Stock ana Sales— o e 4tin o7 High. Low. Dividend Rate. 00. Open. High. Low Close | High. Dividend Rate. Add 0). Open. High, Low. Close. 7 Alemmm Co os ‘53 101 ‘ By Aero Sup M, b T4 ara Shars b1-40, 1 23 23 23 23, 2 Aluminum Lid 85 '48. o 98 1 144 1 78 Bement Pond.. b5 20% 30 20% 30 1Am Cmwith *49. 10415 s N Lk 1 3y Nipissiug (30c)..... 6 ];'/- ];"/- 1?‘ 1% 2 it & i 2 d eronautic Ind war.. 1 2714 Noma E1 Cor (1.60).. 4 15% 15% 164 16% M ] FHER American Security & Trust Agfa Ansco...... 3 6874 Normanda Mines(3). 13 36 . 37 36 37 i 1 , P ¢ Has Sh S . A N, 12 19% North Am Aviation.. 60 5% ot BN Decision on Pooling of Pat- G Hoover’s Business Board Sig-|Coppers and Motors Are as own teady Growth exander Indu: 8 26 North Am Util See. . 1 6% 6% 6% t M M 2 e . . - Allegheny Gas C 1 971, NoAin Util 1st pf(6). 1 90% 90% 908 ents Ma ean Reor- 1 nificant Ex: Na- Insy in Busi AAllllle,fi:ll:""kL;. ve. 32 63 Northern P L (15).. 1508 52 52 B2y y H ant Example in Na Featured in Upswing. N st p! . 1 301 North St Pow A (8), 23 180% 1%9% 190 i i 13 2 : Py " iness Y LU B e e Shtal ganization Move. H tional Planning. Utilities Active. Lt b Sl I ::umclnulmACn n: A‘m. 4 3114 Novadel Agene (2).. 1 22% 225 22% 3300k By ood e 7. u Coof Am pf(6).. 3 v v g7 WP n———— T™h o s > i 4% % Ohlo Copper. « 108 1% 1% 1% » 3 Cities Ber 55 K today 9n"3"r5|‘i",‘l o, o AmAreh e as 1 9% 64l Ohio OI1 (1234 . 7 T4 1% 1% BY JOHN F. SINCLAIR. 8 A et BE WHEISE SUPOS SONTE DETSONS 5 o, zervice to the Washington public. The | Am Reverage Corp 1 il s 1o 1o W Tore il R Rt 3 Gont Qufe g e, %0 Foreign interest in the American | Special Dispaich to The Star. o g o v‘:“p‘b“:“‘_ P g S :: SI‘{;’;;?}‘.;‘:... . g’ 16 4 Outboard Motor (B)., 4 b% 5.5 '} Gorporation of Areriss, tha |Gefieral § Dateware B B 8in | bustness survey conference jusy '~"’"'lm’,\-§ "r"namfx‘;nu"p?'mfl'ip&. :rr;)dT I 1889, at a tempo- Am Chain. ... 2 Pac GEEl 1stpf1%. 28 264 26l 26% | Blectric, the Westinghouse Electric, the 1Bt Int Bras ovas 52 Cluded here undoubtedly Will {ocUs uiiities and oils, opened fractionally Tbiea Hon' ot AT GILPEL e 13 Pac Pub Serv (1.30). b 314 313 33 | ee 3 1 Dix GG aYa A4 wer chiefly on the proposed industrial board | higher only to run into a wave of profit- A&10!C stradt Biortha AmCP&L B (b10%) 25 Pac Western O11 19 16 15 15 |American Telegraph & Telephone Co. 2 Pairb Morse 5s '4: o beinet hortly f | taking, which erased a large part of the west, later_occupy Am Com P A (£30).. 15 Pantepec Oil. it S 1 3% 34| and the United Frult Co. in 1919 pooled | § Ecderal Wat sbas ’ el s e bbbt e iy AR ing new quarters at Am Cmwith Po war.. 13 Param C Mfg (2.40). 10 15 14 14| their patents and®resources to form the | 1FIa P & L 55 '54. Yer o unteracting the stock mar-| Accompanying the upswing in the 1405 G street north- AmControlOiIFlds 1 Param-F-L(n)w.L.. 7 27% 2T% 27% % 2 Garlock Pack 65 '3, 9 slump. early part of the session were the cop- i Am Cyanam B (1.60) 130 Parke Davis (11.40). 1 45 45 = 45 ~ 45 [Present radio corporation. Fear that| 18Gatineau P ss 's6.. 92% 92% 92%| Whatever name finally is given to the | par” Jlou b e Srivon wete fhe cop: In 1905 the pres- Am Dept Stores. ... 1 Patterson Sargent... 2 214 2I% 21% 27 |Oreat Britaln would secure & world| i3 @terslasow'se 37 8tws $i%e 91 |OATd, or council of probably 70 lead: | investment companies and a miscellane- il 5 . enn Ohio Ed( . 2 A2 . 1Gulf O Pa 65 '37,..101 101 101 ng captains of industry, within whic stials, ¥ ent building, locat AmDistT,NJ ev pe 7. H0s Penn O EA pr ot (1), 808 ¢ monopoly on communication facilities BGUIt St ULl s A 56 9312 9314 | will be an executive committee of about | * g Storie (gnfi;‘:u&mfihaw opened up Am Equities........ 9 ed at Fifteenth Am For Power war.. 41 y 94 . 326 % 147 | Was supposed to be the cohesive force A apok L 5as B '3, 9812 9612 9912115 members for quick action whenever | f, Pennroad Corp 797 | which caused the “pooling.” i1Intern P Bec 73 & ‘87 89% 91+ 6313 | it 15 needed, the body, in effect, will be | (aiing. 1t showed good reticiaats and Stk o i ractionally, but soon encountered profit- street and Penn- 3 , Am Gas&El RE : ! cen Am Invest Inc B.... 50 el t r i 9Inv Co 85 A 47 ww. 95 94%a 941 | UDUS giving the United States its first| poreig ve ved s y, s 1:1!5 g b Forf oo i gl 3415 21 Petrol Corp 1st pd 23 " 23+ | Court ruled in the oll case that pooling S IowacRen hr'5e" 51 33 §3'° 93 |such co-ordinating effort on a Nation- | geriuir e ser {',‘,’,’,‘;‘;mflg?&\'[:",;,o‘;; time the home o A srimar). 56 4% g Bhil( Morvin lve, 1 14| 0f patents violates the Clayton act the 7Kop Gag &'C ss 47, a7vi 97 97 |wide scale. | than 4 points. p ain e o Gpiaroa b O 62 Pilot RT A (1.20 10% 10% | radio corporation became a bit uneasy. TEhs Men & s e o1 51 ot While it required the crisis of a stock | Cities Service opened unchanged at R el ) 8ia Pltney B P n(20c 1% 12 | “Then Judge Hugh M. Morris of Dela~ | 3 Manltoba P 813 A '31 93% 98% 0% | market crash to hothouse this national| 305, then ented o chade." Varmmn wa. o ot § ATNRETRl s, ~ Pitisbgh Plate G 13. 54T 547 |ware ruled that certain parts of the 1 Momohls Nat G 65 143 03 93, 93, |planning idea into fairly mature form, !up more than a point, and Standard of % e, (1) | Powdrell & Al (3%4). ? 7% 81% | radio corporation’s original contracls| 16 Miss R Fuel 6s ‘44 ww 108 = 108 = 108 ® | the business imagination of President|Indiana fractionally improved on ite 250,01 Vas - 9 ::é}:ghn?n “s?nn’r?- TDII, 3 207% Amster Trad (1%). ) 000 in 1904 and $400,000 was added| 52 5l' AmSalamand (31%). . in 1919. 2% 10ix Am Solvents Chem. . Alexander T. Britton was the first| 704 2% :": :nl Ch cv pt (3). president of the company and was suc- | jin6 g3 A Superpower - .. ceeded to that office in 1893 by Charles | 1001 £2 4m Superpow bt (8). a5 2t Pratt&Lambert (15) 4 remier Gold (24c). Prince & Whitely. Prince&Whitely pf 3 Prudential inv Pub Util Hold w: Pug SP & Ltpf (6).. 641 64% | with other concerns, dealing with radio 1 Morris & Co 7'2s '30. 98% 98' 93% | Hoover, and of leaders in industry, long | pr ! s, de : . 98% 98y, 98y p s s previous close. I% 1%} tubes, violated the radio law as well as| ANSLE $30"78° -0 78" 18" 18" |ago had grasped the economies and sta- | " Tho most surprising movement wa: lfl’g -11'3" the anti-trust laws., The penalty is a 18 £ 5547, 90 9 9o |bilizing value of a national survey of!ihe improvement in the coppers, per- 36's 36'¢ | severe one—a ‘refusal by the Radio ANV P&LAs 07 9 94 94 |industry and agriculture, with planning. | haps reflecting the belief that red metal 1 [} 3 :;;: :p"C(zlmm on l"ox renew 1xcm§ui to the G 55 10914 1091, 1031, | OF budgeting, to avoid price-depressing | been stabilized near its present s 18% radio corporation, or any of its asso- Ohin Pow 4135 D '56. 95 ' 947 95 ' |surpluses, to equalize employment and |jevel, Newmont Mining opened up more 9% 99% | ciates in the broadcasting and commu- ERc G & E 4} b 3 ) nt N Anidos otherwise to defeat the periodic slump|than 3 points, and Roan Antelope, Hud- J. Bell, who remained the active head | 3 : 1 Phila B 518 4, e 19 Am Yvetie.. Radio Products. .. .. 20 20 |nications field, including those to the| 1 bhUAELSLy . heretofore experienced. . 1§ and Noranda displayed O s 8 Anchor Post ¥ (3) Rainbow Lum ProdA 15 15 |National Broddeasting Co. Westing-| 1Puc Sa PaL s 4015 101 18i | President Hoover, in the opening| s Are lentemes, too Norenda display . Bel as made cha 13% Anglo-Am v cod 35¢ Reiter-Foster (10¢c). 3% 3% house and General Electric. 3Roch Cent Pow 55 '53 82 82 82 |paragraph of his address to the con- . “of t ducing ac- board of directors and Corcoran Thom = e A : : HE R il e - - f : | Resumption of motor-producing was clected president. ;; finxllo :hvhv’::;:fl o Dl lb!m; A al ag (4). 2;: MTh’ore lds r:o‘ quesl)?]n ‘butrwhat Judge & Shawsheen 75131, 903 963 963 ference on Thursday, spoke of the pro- | tivities to a slight extent and the over- A i 3 nglo Chil Nitrate, . arby T ] 9 orris’ decision, which forever pro- Shell Un O 55 "49.... 9878 s s 78~ onditi o ¢ Through the consummation of =& ol oCUINERUITIS ¢ Deere & Co (6)..... 2 431 440 | monopolize the manufacture of receiv- 180u Cal Ed 55 '81... 100% spreading into industry as a whole the ! feeling toward that group. Even Stutz merger in 1919 with the Home Saving: :09 ‘Ariz Globe Conpers., De Forest Radlo. ... T ing tubes, brings the radio corporation | 50 8ou Cal Ed 85 '52.." 100:5 measures which have been taken by |at times showed rallying powers after Bank, the deposits and resources of the B oruEoHar . Ds Haviland (80c). . | face to face with a serious problem. 8 S0ung Bt O s, 4. 83 |some of our leading industries to|its recent relapse. American Security & Trust Co. were ATERARAENGS (IR < DH A Ltd ret n50c). 6% | The radio corporation at present 98un Mald R 61 70 counteract the effect of the recent| Pennroad Corporation was active and greatly increased. A comparative state- e L CR R D e e 5% | holds directly 65 short-wave channels 1 Themold, Co, ss panic in the stock market.” moderately higher at_intervals, while ment of the year 1919 with the one im- 3 =S pl ) Sha s 4 Detroit Alrcraft Cor, 2 &% | for transoceanic communication and f4 6 Ulen & Co 65 "44.". Europe and Japan, as the leading in- | pittsburgh & Lake Erie opened up mediately preceding shows that deposits M i i LR D Cant Inx 195 | for domestic, 1,200 ship station licenses | 10 Gnl"am Sn"ss % “ag: | dustrial nation in the remainder of the | nearly 5 points, at 120. i were increased from $12.009.3 B A GAE TG, o D e .| and ‘a large number for experimental | 2 Uni Lt & Ry Biis 520 world, will not be so much concerned | Reports of increased airplane produe- £24,040,401.42 and_resources rose from e e LR R D % | purposes. : | 1u"s"Rri with temporary measures to keep Amer- | tion Slightly bettered the tone of avia- » & The next move may cause a reor- 2U 8 Rub 6 ican industry at its high pitch of recent | tion shares Ul P & L 55 50 v Va Bl & P 55 A $17.610.275.63 to $31,121,246.36. i 1 3 Waldor! Ast 7s 1 During this span of years deposits and trust accounts have grown to splen- did proportions, as is indicated by the following tabulation: Year. Resources. Deposits. Draper Corp (15). 2 _ Dubelier Cond& Rad. Duke Powder (5) Durant Motors, Duval Tex. Su Duz Co., Ine., Asso Laundries. Asso Rayon. . 24's Atl Coas: Fish(1.20), # Atlant Fruit & Sug.. 244 Atlas Plywood n. % AutV Mevprpt (2), 1lx Aviation Corp of Am ganization of the whole radio and com- | munications industry,” said a radio | manufacturer yesterday. Yes, the next move—what and where? years, as with the possibility that na- | Among the miscellaneous industrials tional planning may, in this situation, | that improved were Aluminum Co. of prove itself so efficacious as to retain a | America, up more than 10, to which it permanent foothold in one form or an- | added a gain of nearly 5, and Aluminum | other. | Limited. up 14. Prospects of Great At- The United States conceivably may | lantic and Pacific Tea reaching record TWarner Bios s Vest Tex Ut 55 A Bk Ger 65 B 'Si w 5 Aer Mtg Bk 75 ‘47 ci hile Cons_7s 60, | a letter to this column makes a pointed 2 Frank F. Anderson of Los Angeles in| 7 17Chile Mtz Bk 6 310 9631 19 1890 ..$1.230,082.30 $261.489.20 2 Duz Co, Inc A cft: ! i J 1 1900 90.138.73 3.628.298.82 12 Aviation Credit..... EarliRRRio Corp comment about present conditions, as Ehile Mix Bk & .21 2n : | be moving into & new stage of indus- | sales figures this year pushed it 5 points 1010 15088712439 7.190.583.74 | 30 Axton-F Tob A 3.20.. g S follons Den ‘Mt Bk 55 72 IX 937 | triglism which all other nations, except | higher. § ‘98'173/580 K ¥ : b -0 e 1East Prus I B 62 '30 99 | Soviet Russia, might find it necessary | Three groups stood out in the trust 1020. .. 8.173.589.95 22.429.411 30 46% PBancomit Corp new.. ast States Power B ‘We hear so much l;bvul U\?r -'*:’W""f, 1El Pow Ger 6!,5 '53, to match by & similar innovation. Rus- |and trading division. They were the 1929 (Oct.4).39,669,355.62 31,782,304.48 Baumann (L) pf (7). 50 Isastern Util Inv A of inventory inflation in manufacturers 1Euro Mt 7s C Aia' 13 excopted” beckuse. that. counwyy| Goldman Hachs, Natoual Tavestors and neauSad unnluai~Caalrane or distributors’ hands at the present | time. But this talk says nothing about | (1) the very great ‘inventories’ or in- stallment contracts now in the final consumers’ hands, nor (2) the exten- ive plant capacity in most lines result- ng from the ease of selling stocks at | inflated prices in the last several years.” This Western man continues:” “The President should accomplish the maxi- iZisler Elec Corp.. ... Bond & Sh (b6)... 1 Bond & Sh pf (6). 1 Pow Assoclates. . Bl Pow Associates A Bl P& L opt' war.... E1P&L2dpr A (7). Sharehold (21)... Sharehold pf (6 Bellanca Atrcraft. 6% Bickford, In 3 Blue Ridge Corp. ' Blue R Corp cv pf 13, 1 Blyn Shoes, nc...... % Brazil Tr & Lt (2)... 'x Brit Am To regt1.20. 14 Brillo Mfz (1.20) 4 RrCelanese Ltd r being under a socialistic regime, al- | Reynolds groups. Reynolds Bros. shot 3 ready has complete national economic | up from 5'4. its previous close. to 9 in tal Sip Pow fr '63.. E | planning. Seeing that the government | tthe first hour of trading. Third and 11i '8 Pow 654 '63 xw. 7i3, 71% 7i% | owns the factories, mines, railroads, | Fourth National exhibited the most |land and all other substantive prop- ' marked early strength in their group. erty, necessarily Russia must plan for | | its”industri d cultur 'y pe whole, because there is no private busic | NEW YORK COTTON. ness initiative. Russia'not only does| oo voni pocember 9 (7)—Cote Company's Present Officers. Officers of the company are: Cor- coran Thom, president: B. F. Saul and Howard Maron, vice presidents; Freder- ick P. H. Siddons, secretary; Charles | | e 1 e FF SR TITITISTOL P-4 JOPR- RO VP NPT < Jt - E. Howe, treasurer: David N. Huston, trust officer; William L. Beale, real es- X tate officer; J. Dann Faber. auditor; Albert H. Shillington and Robert L. 24 Bruck S MillsLtd(2) Emp G F eum pf(7).. 4 | _ Flather, assistant secretaries; William 55 Buckeye Pipe L (15) B Fa B oty mium poseible. in the movement toward | this year by year, but at present is| WE'W VORI Bectmlr @ o e of 3 W. Keck, Edward E. Swan, Hans W. | 3 ‘Burma réts (31%c)e 1 mpire Steel Corp. . the continuation of volume of trade | operating under & natlonal ‘ndustrial | (080 E0) e boaay in’ response o Telns Ireland, Richard E. Harris, Perey C.| 14% Butler Bros (2)..... m.p Pub S.A(1.80)., without a recurrence of speculative ex- plan covering & period of five years, | 0 | POCI (0GR D COPOCE en and )/ Gray, Harry P. White, James C. Dulin, & Teans Roals Dete Employ Reinsur 1%, ploitation. His trade formula seems to With the intention of merging it into a | C¥ ‘covering in preparation for the jr., and Charles C. Boswell, assistant | 3 CYLAWITSLARA pota. Engineers Gold. . the more favorable to agriculture and | ) 15-year planning period. | Government: crop’ estinate: The \ane treasurers; T. Stanley Holland, J. Eliot | 1% C ; e Evans Wallow Lead. less so to industry than was the pre- Ty S * Tendencies in the United States for | Government P Moran, Arthur G. Nichols and Earl G. | 1% Cab&WireLtdB rets. 3 bty vious administration.” | NEW YORK BANK STOCKS. years have been toward greater con-|vance was checked by realjzing and Jonscher, assistant trust officers; John | e osctiar o 8t i oo Because the stock market decline of | NEW YORK, December 9.— centration of industrial planning and | Prices cased a point or two after the E. Benton. assistant auditor. | 2% C A M Co cum pf Fairey Aviatn Ltd. .. R~ o I e il oo | e e . | ey wnastione -sné v ared The directors of the company are: 10% Gamden T Ing ofi) < FaiECRiTA AVIRTION | than those of other years the market | fmerican Unfon o | chain stores, replacing isolated uni:s; | Steady undertone and there appeared C. A. Aspinwall, Harry K. Boss, George | CCamarant Y 25 FelaanRigar o, . situation possibly may be compared | Chase oo .o the development of chain banking, or | to be a littie trade buying as well as W. Brown, William M. Coates, William | 1" Carib Syndica 1 Fandango Corp, } with that of the Winter of 1920-21 and | Chat Phenix .. ... the merging of banks into huge insti- | rebuying by recent sellers. " S §. Corby, William W. Everett, William | 5 (CariegisMetils H wansteel Product the late Summer of 1923. If this turns | Gli§%* EX ex rts | tutions: "the movement to consolidate | Trade interests were credited ‘": J. Flather, jr.. M. G. Gibbs, Cary T.| 20 Cuisisvetors. ;. 15 Fed Screw (13%). out to be true now, then the country | Golumbis | the railroads into a few large systems, | selling near months and buying later Grayson, James M. Green, Gilbert H. 80 Celan Co”,l” £ 2 Federated Metals¢1) may easily witness a rally in the coming | | the creation of the Federal Farm Board | deliveries and October was relatively Grosvenor, J. P. Herrmann, James F. 6% Cent Avantic Btaton: 9 I"iat Stk deb ris rcts, | months which may even push a few National, to stabilize agriculture: the recent mov ‘m-m., Trading was only moderately Hood. Joseph Leiter, G. Percy McGlue, 20" Cent PSVA (a1.15), 10 Film Inspect Mach | leaders above the 1 highs.” And at | Grace .. to co-ordinate the upbuilding of the | active, with the market holding about 3 Fdward B. McLean, Howard Moran, 12 Cen States El ($40c). 17 Finan Inv N ¥ (b8) .. | the same time it may not prevent the | M State. American merchant marine through | to 5 points net higher at the end of e T Normant, Mewbold Noyes, b gl Mo R g | average run of stocks from going as| Hartiman ... | the Federal loan fund: the uniting iato | the first half hour. Howard S. Reeside, B. F. Saul, William Sk Cintrifie BILas08). . 19 BORETRRIFCRts. s low, say a few months hence. as they | Manhattan Co | big_buying units of department stotes, | Liverpool cables said that scattering E. Shannon, James F. Shea, Charles 6 Chain Stores Dev 1 Foltis Fischer Corp.. were at the extreme “lows” of 1929. and many other proofs of the trend | liquidation had been absorbed by trade A. Spa'ding, Corcoran Thom, Benjamin 113 CremStora Bk chEY.. 5 POTIMOtGECAR A e, Seasoned stock observers, in_other | Steriing “Nai | toward national economies. | calling and covering in that market . W. Thoron and John F. Wilkins. 371 Ches & Ohlo (new).. 18 Ford Mot of France.. | words, are not exactly satisfied that the | Washingion "Saizre 7. 145 | What the conference here this week | and that Manchester was awaiting the < 20 CloaSEr Vb (IS0} 286 Tora MotorTitd, . market is a sure bet either way. That's | World Exchange....... ¢ 225 | manifestly has done has been to ad-| Government crop report, with busines B4 Citles Serv pf (6).... 2 Foremost Dairy Pr.. ‘i‘i.“e"s:'é‘c"u'.‘xfeé" them are watching lrom‘ TRUST COMPANIES, :‘:'r_\:vqa‘l)nnz l'hh charted road. That|in cloths and yarns restricted. . % C 7 sl Fore D Pr pf (1.60).. . Banca Comm Ital 20 s | step will be given close serutiny - - Baltimore Markets ulv : ;;:f,k"lr.‘i:’;:”\ Y 2’: Fourth Nat Inv. | Bankers 52 138 | to prevent its abuse or to keep within 40 Colgate-Pal-P (214). 1 Fox Theat Cl A » Dr. E. E. Free, well known consulting | Bankers & *id 53 | the anti-trust and other competition- '[f o = R Gl Gl Freed-Eiseman Rad. engineer, thinks the time far distant | CPpiral Union new 2% 400 | compelling laws goes without saving. Special Bisnwtenitu The Biac % Columbia §: 1 GislcosiPis @@10) when houses will be soundproof and |Empire . i 102 | and_President Hoover indicated a5 BALTIMORE, Md., Deccmber 9.— 2 Comwlth & Sou war, Gen Am Invest new. windows will be installed merely for | Guarants . F 1 | much in saying that the proposcd na- Potatoes, white, barrel, 1.50a4.00; 100 210% Comwth Edison (8). General Baking. ..., “artistic value." New otk 3 T 26> | tional board would be temporars y * He goes further and says that rooms | New York Tiile & Morigace 45 47 | Members of Congress and Ieading 93% Comwith Pow pf (6) 12 CommuntiyvWatServ. s Comstock Tunnel General Bak pf (6) General Cable war. .- Gen E Ltd rets (50¢) 2.00; sweet potatoes, bar- yams, barrel, 1.25a2.00; I e Aariea. o 185 | economists already have been specu- United States, 3000 3400 | lating on the question of the limits of the present concentration movement pounds, 1. rel, 1.50a2.25; for sleeping, working and amusement will be worked out with “the miedically- prescribed artificial weather” deemed beets, 100, 4.00a6.00; brussels sprouts, 13% Consolidat Afreraft.. Gen Gas & El (A)..a best for each activity. S = nd considering what revisions of 1 5a25; s, , 1.50a2.50; 4 Consolidated Copper Indus Alcohol. . S g 2 s ons of law QuArb 1S3, beans/ i pess L s 12% Conaairy Brod iy, © § o= Printink (1% Nine-tenths of the modern houses of | GRAIN MARKET. may be necessary or wise, or whether cabbage, hamper, 30a50; carrots, 100, 1 Co Gt s Gen Rity & Usiiition, Canada and the United States are A there must come another “unscram- 4.0025.00; caulifiower, crate, 2.25a3.50; 2% Cons Instrument. [ Gen R & U1l pf (8).. cither too hot or too cold, too moist or| CHICAGO, December 9 (). —Wheat bling" of industrial eges such as marised CONSERVATIVE i celery, crate, 2.00a3.50; eggplant, crate, 10 Cons Laundries..... 6 Gen Theat Equip vte too dry, too drafty or too stuffy, says | prices averaged lower here early today, | the al"l‘;l‘r part of this enturv. How- ik et. 2.5 ¥ 11 Con Retall Strs (1).. ¢ Glen Ald 110 the doctor. | influenced by reports that large offer- | €Ver, there seems to be a strong con- 1.50a3.00; lettuce, basket, 2.50a3.00; kale, 80+ Coapat Bena AT - ¢ e CoerOn When asked how much he believed it | PTIChCed BY Heborts viab targe fIer- | viction that new forces are at. work INVESTMENTS bushel, 30240; onions, 100 pounds, 1.50a 5% Copeland Prod IncA. 1 GOlACOIN. » s svesde would cost to install in the United | ings of Argentine wheat, old crop | throughout the world that must be 1.75; peppers, crate, 4.00a8.00; parsnips, 10 COraCorDsssvsecssen 48 Golden Center. States his ideas of proper equipment, he | and new, were being made abroad. | taken into account and that modifi- basket, 50a65; pumpkins, 100, 3.00a 12% Corroon & Reynolds. 15 Goldfield Consol. replied: | There were also advices that stocks of | ¢ations in American business laws are o P e Cor & Rey pf A (6) ~ Gold Seal El'n. . | Il health costsAmericflm"rPthanSlfl»"“hrm ana four tny Great Brtath were likely. 8 ks 10.00; spinach, bushel, 75a1.25; squash, Cosden O11 pt. 1 Goldman Sachs 000,000,000 a year—about $80 per capita. | yeat, TG POUE 16, Tleat BULE Were | In Europe the “cartel® movement is | crate, 1.50a3.00; tomatoes. crate, 4.00a 58 Creole Petroleum. ... 59 Gorham Inc pt (3). . It is possible for each of us to live in | {OUF thfes targer than a year o &nd | proadly similar. Steel producers in various European countries, for in- | Inquiry invited stance, have planning boards to guide that industry into sound production, avoiding the price slashing that follow the right kind of weather and cut this . lll-lmn“llh bill by a half. This would month. Starting unchanged to 1c L s would | off, Chicago wheat afterward rallied, e Pt e en Yentid | but then underwent a general sctback. 4 Goth Knitbae Mach. Graymur Corp. ... GrA&PTnv(5)., 1408 % Cresson Cons (.08). 17% Crocker Wheeler(n). 39 Cr&Bpf(3%) ww. 5.00; hamper, 25235; apples, cranberries, box, 3.00a 5.25; grapefruit, box, 3.2525.00; oranges, 9 EE TSP TP QORI O box, 3.0024.25; tangerines, box, 2.00a 30 Crowley Milner (2).. Gr A & P Teapt (1), s . ! 2.75. g» Surlgss :lfirronsu vte. Groe Slor:‘Prod vte.. latedh nr;g gln‘rtlesilz'penghlcd homes' f;’:ife‘} g}}'k;l cflnl;: ol;:(;;;::;{: “:ccrsec%lgg‘ gfilntgu;);;l{fir «;gx}:g:nhmmfis? ;lo;.cm STROUD, KURTZ & CO. . urtiss Flying Serv. Guardian Inves into health-giving sh: s - | uently, e in | Dairy Market. 20, Crirtins Wrght war Guenther Law. Tut still more surprising, the doctor | 10 *ac advance and subsequently sag- | the United States is not novel. Its | Sl Poultry, alive—Turkeys, pound, 28a30; 21 Cusi Mex Mining.... Gulf Ol of Pa (134). belleves that with this, kind of an ar- [BUBE. oo of the | Slgnificance fo Europe will be measured TRANSPORTATION BLDG. sis c < 3 X e permanence o - ent a third of all the persons | e work with glasses could do |Size Of the Argentine exportable surplus | the step taken this week in Washington i without them. | Dr. Free's old toms, 25a26: Spring chickens, 24a 28 Leghorns, 22a23; old hens, 23a28; Leghorns, 18a20: poor and thin, 17a18; old roosters, 18a20; ducks, 16a25; gee: % Hall Printing(t1%). Happiness Candy Haygart Corp. . Hazeltine Corp 30 Lackawanna Sec(4). 84 Lakey F & M (12.40). Land Co of Florida. 304 Lang. Unt. Bak. B(2( WASHINGTON of wheat did much today to make the| toward national economic planning. or rk has covered a wide | Wheat market here unsettled. Figures| the organization of industry and azri- | from British sources continued to favor | culture into a cohesive, waste prevent- 16a22: guinea fowls, each, 40a50; 0 e Heletin Rubenrtein, field. He wasjthe first person to use | c | D D ipts, 1141 cases: ‘matively 2 Lareous Remt bt (i) Hollinger Gold (60¢) an_airplane f s{;ln‘"g;“fl;s;wg;";‘“;,’;‘;‘L?&J":’u"(fir’fliég‘32?2“%&'1?":52’23::3 e e Eegs—Receipts, 1, 5 vely H kla Of1. has cured veggable diseases s | ot K S . and nearby firsts, 50a52; pullets, 40a45; et el Hormel ey (1.503: done ‘much resebrch work on soll. Four |In€ 1o buyers. some purchasing here) ~nrron ESTIMATE hennery, whites, firsts, dozen, 53a54; e (S S Horn & Hard (2%) years ago he made a noise survey of |Was based on upturns today in Buenos = . ; X =4 .36 Lerner Stores 3 y years Aires quotations and on Argentine re- | . . current receipts, 43a45; culls end dirty 12t Lily Tulip Cup Corp. Houston Gulf G New York City. ve- | Dorts of rainy weather over the week |7 N Associated Press. eggs, 25830, ) 18 Lion Oll Refin (2) Hudson Bay M & 8. “Spend money, but spend it rfide*"- o v An estimated production of 14,910.- ! We Buy and Sell Rwltver~;‘(’22§ :"m fjnr;- “‘f“:lg*‘"» 7% Loews Inc deb rts 18 Humble Oil (2) ly—for comfort and for health,” is a BoeNeniiscient Gf tha amontios 000 bales of cotton of 500 pounds gross | pound, 1: Tolls, 31a32: process, 38a30, 28 S TiousBtiiay AEI0). AV RO ) Rood MmOt 20, by North American News- | wheat on ocean passage as compared | Weight was shown by the Department | packed, 21; rolls, 31a32; process, . 40 Long Island Lt (40c) 13 Hydro El Serv (12).. (Copyright, ).m»‘m Ace with a week ago was noted, but the in- of Agriculture report today on the basis | ° Live Stock Market. 3w Louisiana Lan & Ex. 63 Hygrade Food Prod. crease, 446,000 bushels, was small in|0f December 1 indications, compared | L b t B bl Feceipts, 900 Boads dile dan- 20% Mo Marr Storea,... 4 Imp Chem (Ind. contrast with the fact that the total | With & forecast of 15.009.000 bales made | 1D€r y ondas i 1 Magdalena Syndicat. 1 Imp O11 Can n (5 S iti present supply afloat was only 29.096.- (& MOnth ago and 14,478,000 bales pro- ply, market dull. 20" Mangel Stores...... 1 Ind Pipe Line n(2%) New Securilies 000 bushels, against 58,984,000 busheis | duced last year. Steers—Good to choice, 12.00a12.25; 37 Mapes Con Mfg (3). 2 [ndian Terr Illum... a year ago. On the other hand, export —_— .. — medium to good, 11.00a12.00; fair to 7 Marconi Int M 5234c. 1 Ind Fin efts (b10%). By the Associated Press. business in North American wheat over | CHECKS DRAWN. reasury otes medium, 10.00a11.00; plain o fair, 9.008 28 Mar Midiand Corp... 2? Jaadir 'i;:fll S e NEW YORK, December %—-Ncw 8¢”|the week end was described as rather| o TRy 2 vt ke Dy 907 Marion Steam Shov. nsu e curities offered today inclut limited. il )y banks in the coun- s Gond ‘G0 chaice.. 8.5080.00; R R 20 IanmanoaBer (0 3 e e e il o S ook gairimrtedity: e Etc Is— Go " X .00 v o v S t £ medium to good, 7.5018.00; fair to_me- i el e gl Intercoast Trad Co.. 1 frst-morigage 5 per cet B Peiced| TREASURY CERTIFICATES. |scrve Board azgresated loss thah tne N i dium, 7.00a7.50; plain to fair, 6.00a7.00; e b e e Intercontinent Petn. 29 e A e A about 575 PeF CeNt. | (Reported by 3. & W. Selleman & Coy | Previous week or the same week w year | common to plain, 5.00a6.00. 0 Met &ML T Int. Hold. & Inv. Co... 1 e md ey E Stuart & Cou A. B.| Rate Satary »- & W' SN & Ger. | ago. Figures for the periods comparea Cows—Good to choice, 8.509.00; me- 221 ' Intern Perfume (1), 2 OfiSTediby Huleys Biar & Sons. | 4148 Dec.' 15, 1920 g Tollow P Bond D t t dium to good, 7.50a8.25; Tair to medium, e Moxsco O Ouaee, 1 Tnti Petrolm (62146) 46 Lench & Co, and . 1. Rolling & Sons | 13 Bre 13, 1438 o e ond Departmen 6.1528.29; plain to fair 5.5026.50; com- 213 Midland United. ... 3 Internat Products. .. 17 415 Ber_cent bonds, due July 1, 1930- | 13 it 18! gt 89000 b D D ity shton,: 10,50811.00; R LI T I e R D (12%)1) 5 36% 3o% 55 sou | 1959, Priced on application. Offered|} : fire apa Pl S M T The Washington Loan and medium to good, sz.nmuo.otn':x 1»\_}1-050;33- o Midwest UsBwirs: 3 Internatl ULAGH). 1 38% 384 384 3814 | bY Wood, Gundy & Co. Shi v S '“—,‘ = s ‘ i 8! N dium, 8.00a9.00; plain to fair, 7.00a8.00; 99 Mid West Ut pf n(6 H Internatl Ut B. 2 8% 8% BW 8| “prec-jogp Stock and Sales— Prev. 1929~ Stock an ales— common to plain, 6.00a7.00. 15 Mid Royalty n!1v pt(i). 6 Interstate Equ! 8 14% 14% 14% 14% n'n’:fi,' io-. Dividend Rate. Add 00. Open. High. Low. Close, | Hizh. Low. Dividend Rate Add 00. Open. High. Low. Close. Trust Co pany Fresh cows and Springers, 60a150. 371 Miller & Sous (29, .., 2 4« Interst. Eq. cv-pf.(3) 6 41% 42% 41% 4214| 21% B% Southern Corp... T e ® 6 6 | 201 6% United Dry Docks 18 12 19% 1% 11% Sheep and Lambs—Receipts, 2,000 8 Mo-KanP L (b5%). 17 Italian Superp wa 3 T4 T T Tw| 17% 4 Solce& UtilitlesB 1 3% 3% 3%| 501 15 United GasCo. . 81 23% % 22 head; light supply; market lower; 1% Montecatini deb rts. 8 % Itallan Superpow A. 7 12% 12% 11% 11%]| 24 11% Southland Roy (1).. 16 12% ]!‘%' 121il 617% 29' Unit L& P A (6! o 195 7!2\ :_2" | 900 F Sheet <sheep, 2.0026.00; lambs, 6.50a13.75. 52% 88 Moody's pt pf 13.75. 2 4 Jon & N cum pf (3) 1 18% 18% 18% 18y | 123% 114 S W Bell Tel pf (7).. 508 116% 116% 116% 1167 | 124% 85% UtdLt & Popf (6).. 4 9{4. 997 Bt Hogis—Receipts, 6,000 head; moderate | 48s 35 Morrison Elec (1) 3 Kleinert Co (234) 1 25 264 25 26w| 22 4% SWGasUtl...... 24 1% 9 - 83 UnitedMilkProd. .. 10 3 21 620 17th Street supply; market higher, %ght.s. g':noa 22% 7 Mount Prod (1.60)... 9 Kolster-Br (Am Sh). 4 1% 1 % Spanish & Gen Reg 2 e 1 o :‘;“:'}’.",,’.'C.':fl'fiff}z)' FE e 10.10; heavies, 10.00a10.30; medium, | 53, g Nat Amer Co (2) 12 Reynolds Bros Inc... 34 5% 64 % Standard Motors, 1 N 8 * 7 20y 10.00a10.30: roughs, 7.00a9.20; light % N 0 5 F 63 45 Stand OilofIndt2% 95 56 B5% 14 USFollB(1)....... T 20% Ppigs. 9.4029.60; e .6a0.05. i 79% NatBlacoieConew.. 16 i RO R R 83% 18 Stand Ol Kan12¥.. 2 eI s ay Calves—Receipts, 550 head: fairi ,gol ‘5 Natwam Strs (1.60). 6 Roan Antelope Min., 16 29% 46% 29 Stand of Ky (12). 1 g W 3Th 59 ggf{ln ctf (2%). i supply; market steady; calves, 7.00a! 49% 10 atl Family S pf(2) 1 Rockland L & P.. 11 23% 189 49'% Stand Pow & Lt. 18 12;'_‘ ]32 121 13 f; '3 15 "_ o 00 {12 4 NatraPeB (biw).. 3 i e o g i 1n gfl-:x::(icl:‘r‘:;'n'fi' ARG 31 U8 Rad ite @) 3 6% Ha o T0n Nat Investors tnewy 20 Recsevers Faladne: 14" 347 2 StutxMoterCar.... 130 2% 3k 2% B s A Wheat—No. ‘2 ‘Ted ‘Winter, spot,| 53 13% ot nvestors new) 29 Ryerson (JT)(1214). 6 32% 12 4 SunrayOfl.... 8 TN M 3t United § - SaEL ) Z % 1.287; No. 2 red Winter, garlicky, spot.| 40% 15 Nat Mfrs & Stores 2 St Regis Paper (1).. Bl 22% (3 30w Bunerneater (fil).. 1 40 40" 40 T e 1ol VELOPE | >3Ce<] company. 4 125%; December, 125%; Januaty,| 110 8¢% NatPow&Ltpf (). 1 SaltCreek Prod (2). 4 12% 100 89 Swiss-AmEIDE(6). 1 ot 04 13 Utility & Ind... 13 24 s 1 127%; No. 3, garlicky, no quotations. | &l 15 Nat rub Mach (1), & Sehone UnBeSTRE. 1 4w “50% 18 TaggartCorp....... 19 2% 204 3 Uil Powers TG, 65 154 Corn—No. 2 domestic, yellow, 1.10;| 35, 6 NatScreen Serv 1.60 2 Sch U 6c-518pf (1), 2 224 108% 49% Tampa Electric (12). 2 52 52 27 UtP&LBetts (31). 3 445 DON'T WAIT eob corn, new, 4.50a4.75. 5b% 23% NatSugar NJ (2) 6 Schlet & Zan pf 3% 1 28 10% 4 Teck Hughes (60c) 3 5% 5% 10 Utility Eauitie T a1 Oats—No, 2 white domestic, spot, 57| 4% 5 Natl Trade Journal.. 8 Schulte Real Estate. 1 10% 85 25% Third Nat Inv (1) 9 B5% B4l 5% Vi v oIl (1474).. 21 99% 1001 No. 3 white domestic, spot, 56. 26% 104 Nat Transit (t1%).. 7 Sez Lock & A (50¢). 1 8 69% 18 Thomp Prod A f2. 1 26% 26% T e A Ty am # ORDER NOW Rye—Nearby, 90a1.00. P 42% 6% Nat Union Radio.... b Seiberling Rub (1).. 1 14 20 5 Thomp-Starrett..... 1 /15 S ¥Rn GRmpReINE S 0 I i Hay—Receipts, none. Season for old| 12 1% Nauheim Phar...... 3 Selected Industries.. 32 7% 43% 34% Thomp Starpt (3%) 1 378 e e ACE hay is about over. A little new crop| 355 2 Nauheim Phar pf. 7 oA 4 SeiInd allotets 8%, 13 68 76' 40% Todd Shipyard (4).. 4 48% 451 T3 Mok BINICORIE AR is arriving, but hardly énough upon| 29 12 NeetInecv A(1.60).. 1 SHReTHE Select Ind pr (6%).. 2 57 4% 2 Tonopah Min (15¢).. 1 2% 2% 38 Nopt MIRSOIE) rae 1 [T 10 % d icatEnvel which to establish quotations by grades.| 391, 15 Nehi Corpn (1.30) 3 17 1T 1t Seeman Bros (3) . 2 42 675 2014 Transamern (11.60) 54 AT 45y 35% Walgreen Co. . 8 61% 61% Quality and service Envel- Where in good order new hay sells at| g3 45 Nevada Cal Elec.... 4 60 57 60 Sentry Safety Cont.. 23 8 33% 7% Tran Con AlrTran.. 17 6% Walker (H) (1). 82 (12% opes rightly priced for from 14.00 to 17.00 per ton, accordingl 100 85 New Eng Pow pf (6) 30s 881, 8Rly 8Bl Shattuck Den MI 9 1% 81% 5 Trans Alr Transcfs, 12 214 Walker Mining. 1 4% January and February de- to its quality and condition recelpts| “s77 60' New Jer Zincn(t4).. 1 61 617 67 Shawingan Wa(2 1 821 24 3 Tr-Lux DLP.S.(A) 29 7 Ween (TS I L1 TAnuAny; L4y by trucks taking care of most require- | ' 9s 21 New Mex & Ariz ld. 1 3% 3% 3% 43 Sheaffer Pen (13)... 2 b3 10415 45 Trl-Cont Allted.".. o O i g % livery. You are cordially ments. 236 Newmont Min (14).. 124 1284 123 123 67% Sh 9 11% 10 Tri-Continental Cor. 19 IBRE2S e Lo 10 24 invi il i - Straw—Little demand for straw. Re-| 5 Newport Co (new).. 6 28% 2815 284 141 Sh::::l:!s:;l:’(lbl‘:;.’. 5 5% 119y 75 Tri-Cont Corppf (§) - 4 W e b O 1B LR e e e Jasiteditoi g ceipts generally .ample. Wheat straw,| 18 10's NY & Hond Ros 12% - 1 16 75:187° 38 1474 Silica Gel et. . 16 20% 60 444 Trl Utilities. .. 2 45 30 5 Wil-LowCafeteria., 1 9 9 ern factory. No. 1, per ton, 9:00a10.00; 0at straw,| 24% 75 N ¥ Auction (1%4).. 1 ey 9% Silver(Isaac. 3258 90 33% 5% Triplez Safety Glass 7 75 M 2 A VOHALES CHRas ) osoend 18 SoapL tol o No. 1, per ton, 5.00210.00. 56% 20 N Y Invest (1.20). 10 27 26% 27 440" Singer Mfg (123%). 20s 475 60% 15 Trunz Pork Stores.. 3 26 2654 1u% 2% Worth,InoA... .... 38 2 24 24 ROSSLYN, VA. ' —_— e 19% 1 N YIn rc;‘ ':l-l;)“ . 2; 32% 1% 32% 1 Singer Mf Ltd (30c). 6 4% 550 111 Tub ArtSilk B (10) 80s 176 17 44% 13 Zonite Prod (1.60).. 8 22% 22% 21 Just Across Key Bridge ¥ 4% 17 N Y Merchand 123 0 25 30 10 Sisto Fin Corp. . 5174 41% 15 Ulen&Co.......... 3 20 20 20 RIGHTS. Eaploa 20 LOCOMOTIVES ORDERED. | 50% [l, Ny pet Royalty (1) 1 1% 16% 16% 161 Smith (A O) (120).. 108 174w 174% 174% 1744 | 45 25 UnNGCan (t160). 2 28% 28 28 & Newport Co........Dec20 5 & & & & Phone West 0380 NEW YORK, December 9 (P)—An| 114% 111 N Y Telpf (614).... 25s 114 114 114 1% Sonora Products.... 90 3% 8% 3% 81| 20 % Unlon Tobaceo.... 17 1 14 1 34 .01 Sierra Pacific. ....Jan. 3 20 & W M4 % Or Mail Us Your Samples order for 20 locomotives has been re-{ 17% 10 NYTransit(11.70) 2 1% 17 174 35'% South PennOfl (2).. 7 42 4214 42 42| 109 92 United Carbonpf (7) 2 105 105 103 % & Trans Corp.. Jan. 4 16 .27 .27 .24 .24 For Quot celved by the Baldwin Locomotive| 30% 11% Niagara Hud P(40c) 95 14 13% ur 98 80 SEP&Lprot4). 1 841 B4 tl;l'h 2‘-, 22 10 UtdCarrFastnr1.20 6 13% 13% 18% Dividend rates o dollars based op last quarterly or semi- GL b e Works from the Chicago, Burlington &' 9% 2% Niag Hud Pw A war, ~772 B cEs | Lo EREADTI. s A0S Slos . 108 108 20k 28 Cmited Bleo 8¢ 5 16w 161 16% SinuEbDemaE N b Flss btk e mas bl Quingy Railroad. 21% 2 Niag HudPwBwar. 5 T W% Tl 26w 20 SoCalEdptB(ik). 22% 228 22% 22% - 47T% 8% United Corp wa: 16 18% 10% 18 18 leash om sk hravasls o eioek. o Maraire T ierred scooe,