Evening Star Newspaper, December 10, 1929, Page 15

FIN CURB SHARES FIRM INLIGHT TURNOVER Selling Pressure Meets Re- sistance After Lower Opening Figures. BY JOHN A. CRONE. Epecial Dispatch to The Star. NEW YORK, December 10.—Resist- ing pressure, utilities led the ecurb! market today in point of activity. After an frregular opening prices fractionally mproved, but the volume of trading ‘was lighter than in the previous sessicn. Electric Bond & Share opened down 5;, but then rallied and reacted frac- tionally. American Superpower, ex- dividend, came out at 27%, off 1%, and fractionally recovered. United Light & Eower A reiained most, ot lia initial oss. Cities Service improved after a_frac- tionally lower opening. Indian Terri- tory Illuminating Ol bettered its in- itial quotation, but Gulf Oil of Penn- sylvania was heavy. Standard Oll of Indiana was a shade higher. Standard Power and Light, frequent- ly mentioned in merger reports, was one of the most active utilities, ranging from 120, or 2 points below its previous close, to 1287, before midday. Hydro- electric suddenly spurted, at one time showing a gain of 5!; points. North- ern States Power A was lower at the opening, while Duke Power was un- changed and Commonwealth Edison ad- vanced a point. Declaration of an initial dividend of $1 for Taggert Corporation caused that issue to advance 2 points. Higher-priced _indusirials ran into thin markets at the opening. Aluminum Co. of America opened down 105, then moved up 14 points. Tubize opened off 3 and added 4 points to its initial loss. Great Atlantic & Pacific Tea opened unchanged, then fell 415 points, &t which level it partially recovered. GRAIN MARKET. CHICAGO, December 10 (#)—Argen= tine reports today of stormy weather and of resulting crop damage led to early higher prices here for wheat. Bulges in quotations, however, brought about increased selling pressure, and upturns failed to hold well. Opening at 1z to 3, advance, wheat afterward showed further gains, but also dipped to below yesterday's finish. Corn and oats were firmer, with corn starting 14a% off to !, up, and subsequently rising all around. Provisions inclined downward. Broadened selling, which at times to- day not only wiped out gains in wheat prices, but also forced the market sharply downward, was based a good deal on authoritative advi that, al- though the amount of wheat on ocean passage is still 30,000,000 bushels less than the total a year ago, European importers appear satisfied to allow wheat to remain in exporting countries for the nresent. The chief reason given is comparative dearth of funds abroad to finance forward shipments. Assertions were also current today that European buying as to wheat is likely to increase at only a slow rate. Tt was stated, however, that Germany is expected to require fair amounts of wheat from now onward. On the other hand, large stocks of wheat in North CIAL Stock and Dividend Rate. 1414 Aero Underwriters. America_are being continually empha- sized in Europe. POTATO MARKET. CHICAGO, December 10 (United Btates Department Agriculture) —Pota- wes—ReceAé:Ls, 49 cars; on track, 254; total United States shipments, 462 cars, trading rather slow; market about steady; Wisconsin sacked round whites, 2.20 to 2.40; fancy shade higher; Min- nesota and North Dakota sacked round whites, 2.00 to 2.25; Idaho sacked rus- sets, 2.65 to 2.90; few, 3.00. CHICAGO DAIRY MARKET. CEICAGO, December 10 (#).—Butter weak: receipts, 13,364 tubs; creamery extras, 41; standards, 39'; extra firsts, 39 to 40; firsts, 35)2 to 38; seconds, 33% to 34. s steady; receipts, 2,789 cases; extra firsts, 51 to 53; graded firsts, 48 to 49; current firsts, 40 to 43; ordinary firsts, 37 to 39; refrigerator firsts, 36%%; refrigerator extras, 37'4. BONDS ON THE CURB Balesin DOMESTIC BONDS. Shousands. High Low. Noon. 10 Alabama Pow 5s '56..101% 10132 101'a 1Alabama Pow 4zs '67 95 ' 95 95 1013 101% % je 2 2 E 66 Yo 3 Cities Ser Pw 5145 52 90 1Cons Pub 6%s '36.. 3Cons Textile 8s '41 11 Cont G & E 55 A '58 5Det C Gas 68 A 47 12 Det Inter Brdg 7s 'S: 8Det_Int Breg §'as '52 81 5 Empire O&R 535 42 86'c Fairbanks Mor 85 '42 94 1Fed Bug 65 33 8405 1Pirestone T 55 42 ... 933 3FlaP &L Ss s, ] 85% 8 Garlock Pack 63 °39. 98 10 Gatineau P 1 1Gatineau P 6 2 a 1Gen Ind Alco 615 ‘44 85% 11 Gen Ldry 6135 '37 ww 5 1 Gen Theat Eq 65 '44. 1084 108 1Gen Vend 65 '37 ww. 34 24 7 Georgia Pow 88 '67.. 97% 97'a 1Gul'Q Fa 8 47, L 100% 10010 1Gulf At ULl 85 A '56 94 ° 94 49 6514 65 1Hygrade Fd 6s A Bl P &L S 23 B 54, 99 6 Indianap P&L 55 A ‘57 9834 7 85 12 Libby McN & L 58 2%, ne i 97 2 Mass Gy 103 15 Metro ] 2 Milw 98 9 10 Miss 107% 1074 3 Muns 109% 10913 109%: 5 Nat 026. 105+ 105 * 103 k! W 90% 90% 10N 8 ww 80%s 80!n 1 94" 93 9 98 ' 98 100 2 10015 10013 i ) 1 793s 793 0 51 xw 1037 103% 103% 6 ~. 1007 100' 1002 5 9 18outhern N G 3 0 b Blaley Mis 68 98 98 98 IMand Inv 5138 '39.00 83 8312 83% 25tand P & L'6s '57.. 961 96'i 9614 1Stuts Mot a5 '37 .. 66 ' 66 ' 68 28un O 2 Bwi e 1T i 61 ; I 1T T 13UUL P & L 58 '59 ww 85 84% 85 6 Worner Bros 6s '39.. 91 917 91 5 West Pow 8ias A '57113% 113% 113% 5w ‘57, 93! 93 93 2 Bu 5,47 100% 100% 100 1 Bu 75 52, 98 ' 98 7 on "60... 9 [3e1 Ec 5 5 H 1 2 3 1 & 78 8 58auda F Ltd 55 A 5510074 1001, 15 8tinnes 7s '36 xw.... 93 ' 927h 6Stinnes s ‘46 xw... 807 80% ww—With warrants Without warrants, 7 Aeronautical Indus 17 Alnsworth Mfg $2%. 3 3 Alrinvestorsvte... 4 40 Alrstocks, Inevte.. 3 12 Airlnv,Incevpr.... 2 110 Alabama Gt Sou $7 3 2 Alexander Indust 4 % Allegheny Gas Corp. 11 4 s 40% Allied Pwr&Lt pf 3 71 AllP&Llstpfs. 1 1 Allison Drug StA. 5 53914 146 Aluminum Coof Am. 5 108% 103 Alu Coof Am pf(6).. 7 280 99% Aluminum Co.. Ltd 2 47% 31 AmArchCo (3). 4 22% 5% Am Brit & Cont... 1 23 5 AmBrBEIfdshs... 1 153% 98 Am Cigar pf (5)..... 508 847s 29% Am Cit P&L A (a3) 9 60%x 10 AmCP&L B (b10%) 9 4915 16 Am Colortype(13)... 1 31% 18 AmCom P A (330c). 30 11% 4% AmCmwlith Powar.. 4 .72 AmControlOIFld 7 69% 19% Am Cyanam B (1.60) 97 331 16 Am Equith 2 174 254 Am For Power war.. 32 224% 71 Am Gas&Elec (11).. 29 42% 5% Am Invest Inc B 22 247% 3 Am Investors ( 1 399 190 Am Lt& Tray s §% 4 Am Maracaibo 8 18% 5% Am Natural G e 16'% 2% Am Pneumatic Serv. 1 33% 20% Amster Trad (1%).. 1 37 104 Am SolventsChem.. 2 4214 254 AmSolChcvpf (3). 3 92 22 AmStPubS(A)1.60. 1 71% 15 Am Superpower..... 307 9513 85 Am Super istof (6). 11 25% 8 Anchor PostF (2)... 1 18 13% Anglo-Am vcod 35c.. 13 17% 11 Anglo-Anvcod35c.. 1 4% 3 Anglo Nor Hold. 10 55% 8 Arcturus Rad Tube.. 12 5 1% ArgoOil... 1 58 231 Arizona Power. 2 26 3% Arkansas Nat Ga: 8 24% 6!5 Arkansas NatGasA. 26 8% 4 ArkNGempt(60c) 1L 2713 3 Asso-Dyeing & Ptg 2 16 5% Asso-Elec Ind Ltd.. 16 72% 35l ASS0 G&E A (32 17 281 3% Asso GEE A debrts.. 12 2% 2 Asso Laundri 3 73 304 Asso Rayon pf ( 4 90l 24 AtlCoast Fish(1.20). 11 25% 24% Atlas Plywood 2 15% 7% Auto Voting Mach. 1 291 15% AutV Mevprpt(2). 7 23% 12 Aviation Credit..... & 43% 30 Axton-F TobA3.20., 1 22 1% Bahia Corp.. 3 15 11s Bahia Corp pf 2 501 46% Bancomit Corpnew.. 3 190 144 Bell Tel of Can (8) 268 24 5 Bellanca Afrcraft. 10 16% Bickford, Inc. 1 28 Bickfor Inc pf 1 30 Blaw-Knox (11%3).. 3 1 57 234 Blue RCorpev pf13. 18 29 Blumenthal (S).. 1 13% Brazil Tr& Lt (2)... 39 12% 1% Brill Corp B... 2 32% 26 BritAmTob B t120. 4 28 7 BrownFence&W(A) 1 11% ‘4 Brown Fence&W(B) 3 744 55 Buckeye Plpe L (16) 1 264 22 Buf N&EP pf (1.60). 13 46 38 Burco, Inc conv pf. 2 4415 14% Butler Bros (2) 4 17% 2is Buzza Clark, Inc. 7 8 44 Bwana M Kubwi 4 19% 4 Cable RadioT vte. 1 3 4 % 5 17% 51 12% 30 4% 1 CarlbSyndicate. 5 574 20 Celanese Corp. s iy 85 80 CelanCoristpt (7). 2 50 12 Celiulold Corp. .. g 39% 24% Cent & SW Util (3).. 23 19% 6% Cent Atlantic States, 1 57 20 17 183% 12 Cen States Kl (340c). 20 211% 40% Cen StElcv pfn(6). 2 14 3 08 56! 39 City Sav Bank(4.17). 681 20 Cities Service (330c) 98% 84 Citles Serv pf (6)..., 24% 1% k Lighter A. 32 10 Clev Tractor. . 90 40 Colgate-Pal-P (2}4). 15 4 ColonOMl....... 38% 16'% Columbia Pictures. 2 % Columbia Syndicat 12% 2 Comwlith & Sou war. 449% 210% Comwth Edison (8). 93% Comwith Pow pf (6) 4 Consolldated Copper 12 Con Dairy Prod (32). Balto(3.60) 10 Continental Oil 30% Cooper Be: 30 %, Cresson Cons (.08) 7% 17% Crocker Wheeler(n). 56 38% Cr& Bpf (3%) ww. 62% 30 Crowley Milner (2).. 2% % Crown Cent Petrol.. 13% 3% Curtiss Alrports vic. 29% 13 % 46% 4% 642 310 26% 6% De Forest Radio. n = 17% 5% Detroit Alrcraft Cor. 42 14% Doehler Die Casting. 30% 9 DixGas& Utllities.. 78 62 Draper Corp (t5). 59 34 Driver Harris(new). 20 4 Dubelier Cond&Rad. 324% 120 Duke Powder (5).... 20 3% Durant Motors 22 18 vi 4% % Duz Co, Inc A eft 124 % Earl Radio Cor 5 Bb 22 EastGas& F A 77% 17 EastStates Power B 9714 20 FKducatnl Picpt(8).. 32 10 189 50 108% 100 £l Bond & 8h pf (). 92 16 Kl Pow Associat 92% 14 314 El Sharehold (31)... 45% EIl Sharehold pf (6). 81 Emp G F cum pf(7).. 25% Empire Pwr Corp(2) 23 Employ Reinsur 1%. 14% Em.p Pub S.A(1.80) 5 Emplire Steel Corp 4 Evans Wallow Lead. 3% Fabrics Finishing. .. 1% 'ageol MOOr....vee 3 Fairchild Aviation, 60 Fajardo Sugar.. 5% wansteel Products. . 30 Fed Screw (13%)... 18% Fiat Stk deb ris rets, 4% Finan Inv N Y (b8).. 95 Firem Fund In (5) .20 First Nat Copper. - Fokker Aalreraft. 10% Ford Motor Lid. Fourth Nat Inv, ClA. Franklin Mfg (2). 35 Fren Line B (2.64).. 18% Garlock PKg (1.20).4 874 Gen Am Invest new. 70 Gen Am inv ot n (6) 2% General Bakine .., 45 General Bak 1 6)., 714 Gen E L1d rets 150¢) 20% Gen Empire Corp... 29% Gen Fireproot (2) 13% Gen Gas & El (A). 10 Gen Indus Alcohol. 10% Gen Laundry Mach 24 t Bquip 35% Gilbert (AC) (3%) 80 Glen Alden Coal (10; 12% Globe Underwrit 1 Gold Coin. Gold Seal El n 5 Goldman Sachs (b6) Gorham Ine pt (3).. 82 42 Gorham Mfg vtc(12) 19% 1% Goth Knitbac Mach.. 68% 23 GraymurCorDeeecss 16! arwomnee ~ 134 225 1 16 N e N R R R B OV S B i wd 83 < S AN ENRE ~NA SEANON AR IO R A0 MENR RS Low. 1 THE NEW YORK CURB MARKET i Close. 15% EVENING STAR, WASHINGTO —Prev. 1929~ Stock ana Sales— High. Low. _ Dividend Rate. Add 00. Open. High. 494 162 GrA&PTnv(6)..250s 235 240 118 114 GrA&PTeapf (7). 10s 118 118 25% 12 Greenfield Tap&Die. 1 15% 15% 17% 10 Groc Stors Prod vte.. 1 13% 13% 49 18 Ground Gripr(t1%). 5 20 23 48 20 Ground Grip pf (3).. 3 28% 30 30% 24% Guenther Law...... 1 28% 28% 209 115 GuifOllof Pa (1%). 14 151% 151% Happlness Candy.... 2 1% 1% Haygart Corp. 4 39% 40% Hi tine Corp (1).. 3 21 21 Hecla Mining ( 3 14 14% Helena Rubens s, 3-8 8 Hollinger Gold (60c) 2 4% - 4% Horn & Hard (2%).. '3 45 46 Horn & Hard pf (7).. 258 100 100 Houston Gulf Gas... 2 9% 10 Hudson Bay M &S.. 13 9% 104% Humble Oil (2)...... 5 9% 917 Hydro El Serv (12).. 82 39% 44 Hygrade Food Prod. 5 11% 12 Iltinofs P L (20)....150s 325 325 % 6404 106% 4 24% 7% 4% 4 139 9 13% 4 4 Loews Inc war. . 4 Mayflower Assn. # Memph Nat Gas Co.. 4 Midland Stl pf (n) 4 Nat Transit (11%).. 5 Nevada Cal E! % Pennroad Corp...... 4 Polymet Mg (31) 4 Rainbow Lum ProdA % Roosevelt Field,Ine. Imp O11 Can n (60¢c). ImpTob GB&I(1.25). Ind Pipe Line n(2'%) Indlau Terr {llum. .. Ind Fincfts (b10%). insull Uil Inv.. Insull Ut In 2d pt Insurance Sec (1.40) insCo N A (123%)... Intercoast Trad Co. . Intercontinent Pet n Int. Hold. & Inv. Co.. Intl Petrolm (62%c¢) Internat Product Inter Prod pf (6) . Intl Superpower (1) Internatl Ut B Internat) Util ( Iuterstate Equities Interst. Eq. ev-pt. Inter Hos M (1.80) Ltalian Superpow Kermath Mfg (1). Kerr Lake...... Kolster-Br (Am Sh) Lackawanna Sec(4). Lakey F & M (12.40). Lane Bryan tinc (2). Lefcourt Real (1.60) Lefcour Real pf (3). Leh Coal & Nav (4). Lehman (The) Corp. Libby McNeil & L. Lily Tulip Cup Cor) Lion O1l Refin (2)... 1 3 3 T I T T PP s} [SPPp B 10 32% 14% o PISIr T IS Lone St Gas (80¢). Long Island Lt (40¢) 2, Loulsiana Lan & Ex. 12 Magdalena Syndicat. Mapes Con Mg (3). Marconi Int M 5234¢. MWT Ltd b'r'rshéZc. Mar Midland Corp Marion Steam Sho Mavis Bottling, e Mead Johnson (13%) Mer Chap & S 11.60). et & Min Inc (1.20.. Met Chain Stores. ... Mid West Util (b8%) Mid West Ut A war.. Mid West Ut B war.. Mid West Ut pf n(6) Midland United. Moh H P 1st pf (7).. 268 102% 102% Mo-KanP L (b6%). 18% 18% Moody's pt pf 13.75.. 404 404 4 Montecatini deb rts.. 1% 1% Morrison Elec (1) 364 36% Mount Prod (1. 10% 104 Municipal Serv! 10% 10% Nat Amer Co (2) 13 9% 9% t Aviation. . 105 10% Nat Biscuit Co new.. 5% Nat Fam Strs (1.60). Nat Fd Pr B (b4%).. Nat Investors (new) Nat Pub Sv A (1.60). Nat Rub Mach (2) Nat Sugar NJ (2) Natl Trade Journal.. N " P T T S PP - FRE R e T SR TP =T Nat Union Radio. Neet Inc cv A (1. Nehi Corpn (1.30) Newberry(JJ) (1. New Brad Ol (b NY & Hond Ros 12% N ¥ Invest (1.20). N Y Invest (war)... N Y Pet Royalty (1). NY Rio & B Air Inc.. N Y Tel pt (6%) NYTransit(11.70)... Niagara Hud P(40¢). Niag Hud Pw A war. Niag Hud Pw B war. Niagara Shars b1-40. Niles Bement Pond. K BARAE RS- ETS North'Cen Tex (60¢) North St Pow A (3). N W Engineer (2)... Novadel Agene (2).. Ohio Copper. . Ohlo Ofl (12% . . 2 Okla Gas&El pf (7).. Outboard Motor (B). Pac G&El 1st pf 1%. Pac Western Ofl dem O)1. Pantepec Oil Param C Mfg (2. Param-F-L(n)w. 1. Penn O Ed prpf(7).. 16% 16'% % Penna Wa & Pwr(3). Peop Drug Strs (1).. Peo L& P A (a2.40). Pet MIIK pf (7)..... Petrol Corp 1st pd 23% 15 10% 121 Pitney B P n(20c) Pitts& L E (5) Plymouth 011 ( Powdrell & Al (3%). Premier Gold (24¢). Prince & Whitely. Prince&Whitely pf 3 Prudential Inv. Pub Util Hold war .. Radio Products..... Rwy & Lt Sec (14).. Rainbow Lum ProdB Relter-Foster (10¢).. Reliable Stoes bl1% . Reliance Manag (4) Repetti Candy H Bro: Met ( new) Rich R cum pf (3%). 1a: Reynolds Rike Kumler. . Roan Antelope Min. Ross Stores. Inc. . Ryan Consolidated. . The Star Offies 23 102% 18% 40% St Regls Paper (1).. 127 21% 224 21% Safety CH&L (110).. 268 140 140 140 Salt Creek Prod (2).. .21 1 12% 2 Schlet & Zan(t176).. 1 Schulte Un 6e-318t. 11 Sch U se-$1Spf (7). 12 Schulte Real Estate. 7 Schiff (The) Co (2).. 2 Seton Leather (2) 5 eeman Bros (3) . 1 eg Lock & H (60¢). 1 Seiberling Rubber. 3 Selected industries.. 25 SelInd allotefs 5%.. 2 Select Ind pr (5%).. 1 Sentry Safety Cont.. 3 Shattuck Den Min... 4 Shawingan Wa(2%). 1 % Shndoab Corp(b6%) 19 -4 6 5 Sisto Fin Corp 43 Solar Refining 3 Sonora Products. 7 2 % South Penn O1l ( 2 424 424 42 So Col Pow A (3). 13 26% 264 24 SoCalEdpfC(1%). 1 24 24 24 Southern Corp. . B 6 “EW _Bolce& UtilitlesB.. 2 B% 5% b4 Southland Roy (1 10 12% 13 12 & W Dairy Product: 3 16% 15% 16% S W Gas Utl. o 9 9% Stahl Meyer, Ine. 1 Standard Motor: 1 87 " 5 37% 3T% 37 30 118% 128% 1184 50s 100 100 100 2 28 26% 23 - b6 38% 38% 38% l 38% D. C, TUESDAY, STATUS OF RADID INDUSTRY SOUGKT ™ Congress Expected to Define Broadcasting in Action on Couzen’s Bill. BY JOHN F. SINCLAIR. Owen D. Young of the General Elec- tric Co. and Radio Corporation of America, appeared yesterday before the Interstate Commerce committee of the Senate in the discussion of the Couzen's bill designed to create a Federal com- munications commission, with complete regulatory authority over radio-wire lines and interstate transmission of electrical power. Some of the Senators contend that broadcasting stations are public utilities and as such are required to grant their privileges to all on an equal basis, just as other public utilities are. Charges have been laid before the Senate com- mittee, not only by private groups, but by the Government itself, that the radio corporation, with its subsidiaries, constitute a radio monopoly. The contention of those, who desire to put all companies transporting elec- trical energy from one State to another under the supervision of a Federal com- mission is that while only 10 per cent of the total energy now manufactured is at present transported across State lines, the percentage is bound to grow in the next few years. Some States to- day transport more than 80 per cent of their product. ~What about these States? The Couzen's bill is bound to attract much attention at this session of Con- % | gress. As was to be expected, the Federal Trade Commission has asked Congress for legislation which will enable them to “compel the production of books and papers” of companies under investiga- tion without having to go to the courts for permission to secure certain data, valuable to the investigation. This recommendation has grown out of the trouble in getting certain infor- mation from the Electric Bond & Share Co. of New York, when this company refused to produce its books for the in- spection of the commission because the commission “had not yet established probable cause to believe that the books and papers called for by subpoena duces tecum contained evidence rele~ vant and material to the inquirie “This is an important step. The com- mission, in asking for this authority, is seeking greater power than has ever been granted to it. In fact, it is asking that the same power which now rests with both the House and Senate com- mittees to issue subpoenas and secure information be granted to the commis- sion. ‘And if the Federal Trade Commission is to do the work which is expected of it, it is difficult for one to believe that it should not be given the power it asks. Of course, this power can be abused. But if the power is abused, then a change in the personnel of the commission can correct the trouble. How much meat do the people of the United States consume annually? Figures compiled recently by the United States Department of Agricul- ture show that in 1928 the per capita consumption of meat and lard was 153 pounds. Of this amount, 72 pounds was pork, 51 pounds beef, 7 pounds veal, 6 pounds lamb and mutton and 15 pounds lard. “Many people believe that meat which tends to be lean is of a higher quality than that which is quite fat,” says O. G. Hankins, meat expert of the United States Department of Agricul- ture. “People regard the fat as un- table and fail to recognize the relation between a somewhat liberal proportion of fat and tenderness in the cooked meat.” “What kind of meat is in the great- est demand?” Mr. Hankins was asked. “Generally speaking, there is an in- creased demand for the rather small, light-weight retail cuts of only mod- erate fatness,” he replied. ‘Another element the consumer of meat is demanding more and more is tenderness. ‘This quality comes from many factors—breeding, feeding, age or management of the animal. Yet tough meat can often be made tender by the cook’s skill. But that problem I'll leave to ot . 1928, North American Newspaper t, 1929, North Am (Copyrigh North Am Markets at a Glance NEW YORK, December 10 (%) Stocks irregular; General Electric fuctuates within 10-point range. Bonds irregular; trading dull. Curb irregular; Aluminum Co. drops 18 points, then re- DECEMBER 10, 1929, Yesterday's * New York Stock and Bond Averagee. 50 20 20 strials.Ralls. Utilities. ] 1349 2171 1348 2282 1303 2001 1272 17 156.6 BONDS. Previous Today. Da ils. . 93.22 NEW YORK COTTON. NEW YORK, December 10 (). —The cotton market opened steady at a de- cline of 4 points to an advance of 1 point, but a continuation of the selling movement which developed vesterday afternoon soon sent the active months 3 to 8 points below yesterday's closing quotations. It probably included further selling on the cloth statistics, but unfavorable figures had been expected and seemed to have been pretty well discpunted by the decline to 17.03 for Janlary con- tracts. At any rate, offerings tapered off at the decline, and the market was quiet and fairly steady with prices showing rallies of 2 or 3 points from the lowest at the end of the first half hour. December was relatively easy early under liquidation. Liverpool ca- bles reported liquidation and increased hedging in that market and said cloth buyers were cautious in expectation of lower prices. . CHICAGO LIVE ‘STOCK;(ARKET CHICAGO, December 10 () ed States Department of Agriculture) - 6,000 direct; market opening strong to 100 higher; later trading about steady; top, 9.55: bulk, 190-300 pounds, 9.35 to 9.50; 140-180 ' pounds, 9.00 to 9.35: butchers, medium to choice, 250-300 pounds, 9.00 to 9.55; 200-250 pounds, 920 to 9.55; 160-200 pounds, 9.00 to 9.50; 130-160 pounds, 8.55 to 9.40; pack- ing sows, 8.00 to 8.55; pigs, medium to choice; 90-130 pounds, 8.00 to 9.00. Cattle—Receipts, 8,500 head. Calves— Receipts, 2,500 head. Generally slow and trade at below Monday's bottom prices; few choice yearlings steady; early at 15.25 to 15.50; lower on most heifers and bulls; vealers about steady, but quality better; stockers and feeders about steady. Slaughter classes: Steers, good and choice, 1,300-1,500 pounds, 12.00 to 14.50; 1,100-1,300 pounds, 12.00 to 15.25; 950-1,100 pounds, 12.25 to 15.75; common to medium, 850 pounds up, 8.00 to 12.50. Fed yearlings, good and choice, 750-950 pounds, 12.00 to 15.75. Heifers, good and choice, 850 pounds down, 11.75 to 14.75; common and medium, 7.75 to 11.75. Cows, good and choice, 7.75 to 10.25; common and medium, 5.75 to 7.75; low cutter and cutter, 450 te 5.75. Bulls, good and choice (beef), 8.75 to 10.00; cutter to medium, 6.75 to 9.00. Vealers (milk fed), good and choice, 11.00 to 14.50; medium, 10.00 to 11.50; cull and common, 7.00 to 10.00; stock- er and feeder steers, good and choice, all weights, 10.25 to 11.00; common and medium, 8.00 to 10.00. Sheep—Receipts, 16,000 head; market slow, steady to 25c lower; bulk lambs, 1250 to 13.00; early top, 13.25; fat ewes ‘opened 5.50 to 5.75; feeding lambs steady; good, 65 pounds, 12.25; lambs, good and choice, 92 pounds down, 12.25 to 13.40; medium, 11.00 to 12.25; com- mon, 9.25 to 11.00; ewes, medium to choice, 150 pounds down, 4.75 to 6.25; cull and common, 2.50 to 5.00; feeder lambs, good and choice, 11.75 to 12.75. GERMAN BONDS AND STOCKS. Bid. Asked. Ger Govt Red Loan with draw- ing ctfs attached per 100 R M 50.00 61.00 Ger " Govt Red Loan without drawing ctfs per 1. M.. 2400 27.00 (Quoted in dollars per millioh marks.) Hamburg 4'2s 1919....... 35.00 45.00 (Quoted 10 dollars per thousind marks) 24.00 German Gen Elect 4’23 pre-war. 23.00 24 German Gen Elect 191 225 3 Berlin 4s pre-war.. . 430 & Hamburg 35. 3135 and 4s pre-war _ 10 Hamburg "American Line 4'2s.. 31.00 33.00 North German Lioyd 4%as 3100 33.00 Krupp 5e 1921....... S 2. o (German Gen Elec) . A E G (Ger Gen Elec) pfd B.. d Privat I Nor Ger Lloyd NEW YORK BANK STOCKS. Special Dispatch to The Star. NEW YORK, December 10.— (Unite | Hogs—Recelpts, 37,000 head, including| e FINANC POULTRY RECEIPTS ON INCREASE HERE Turkey, Chicken and Other Fowl Plentiful at D. C. Market. First of the crop of live turkeys for the Christmas holiday trade already have reached the local market. Large quantities of chicken, ducks and geese also were in evidence this morning. It is yet too early to forecast prob- able prices for the approaching holi- day market, according to dealers, but it is generally belleved prices will be lower than at the Thanksgiving holiday mar- ket. Reports from San Antonio, Tex., tell of the holding back of supplies because of the low prices, these the latter part of last week being around 18 and 19 cents, occasional lots of young toms bringing as much as 20 cents. “I may be wrong,” said a local dealer this morning, “but it looks to me very much as if Christmas prices will be IALS Baltimore Markets Special Dispatch to {The Star. BALTIMORE, Md., December 10.— Poultry, alive—Turkeys, pound, 28a30; old toms, 25a26; Spring chickens, 24a 28; Leghorns, 22a23; old hens, 23a28; Leghorns, 18a20; poor and thin, 17a18; old roosters, 18a20; ducks, 16a25; geese, 16a22; guinea fowls, each, 40a50; pigeons, pair, 25. v + Eggs—Receipts, 709 cases; native and nearby firsts, 50a52; pullets, 40a45; hennery, whites, firsts, dozen, 53a54; current receipts, 43a45; culls and dirty eges, 25a30. Butter—Good to fancy creamery, pound, 41a46: ladles, 35a36: store packed, 21; rolls, 31a32; process, 38a39. Vegetable Prices. Potatoes, white, barrel, 1.50a4.00; 100 pounds, 1.75a2.00; sweet potatoes: ba rel, 1.50a2.25; yams, barrel, 1.25a2.00; beets, 100, 4.00a6.00; brussels sprou quart, 15a25; beans, hamper, 1.50a2.5( cabbage, hamper, 30a50; carrots, 100, 4.0005.00; cauliflower, crate, 2.25a3.50; celery, crate, 2.00a3.50; eggplants, crate, 1.75a3.25; lettuce, basket, 2.50a3.0 kale, bushel, 35a50; onions, 100 pounds, 1.50a1.75; peppers, crate, 4.00a8.00; par- snips, basket, 50a65; pumpkins, 100, 3.00 a10.00; spinach, bushel, 75a1.25; squash, crate, 1.50a3.00; tomatoes, crate, 4.00a 5.00; turnips, hamper, 25a35; apples, bushel, 7582.75; cranberries, box, 3.25a 5.25; grapefruit, box, 3.25a5.00; oranges, approximately 5 cents lower than prices which prevailed during the Thanks- giving season.” Egg Prices. Anticipated drop in egg prices thus far has failed to materialize, and dealers who anticipated a drop at the close of the Thanksgiving trade today suggested prices probably would keep up until after the Christmas holiday trade is over. Increased receipts of strawberries, jumbo size, from Florida, was reported this morning, and dealers who received only a few boxes in a single shipment | last week this morning had small re- frigerators of the fruit to offer the trade. Quart boxes of the fruit, offered last week around $1.50 and $1.75, this morn- ing were offered at 75 cents. Pint boxes sold at 50 cents. Plentiful receipts of fruits and vege- tables this morning gave the commis- sion house district and farmers' line very much the appearance of Spring or Summer trading. Spinach and kale were among the vegetables received in large quantities, the former selling at $1 and $1.25 a bushel basket, the latter selling at 50 and 75 cents. Spring onions were plentiful at $2 per 100 bunches. Numerous other varieties of vege- tables, some from nearby and others shipped in, also were plentiful, and low prices ruled, dealers reported. Fruit supplies in the commission house dis- trict, fairly heavy, attracted much at- tention of buyers. Receipts by commission merchants of the first consignment of mistletoe for the holiday trade was reported this morning. The mistletoe came from Virginia and North Carolina, but was not much in demand. Business this morning showed a de- cided improvement over yesterday, deal- | ers reported, and steadily increasing business between now and the holiday season is anticipated. #oday's Wholesale Prices—Jobbers’ Prices Slightly Higher. Butter—One-pound prints, 44!2a45%2; tub, 43!5a441%; store packed, 30a32. Eggs—Hennery, 58a60; fresh selected, 53a55; current receipts, 53a55. Poultry, alive—Turkeys, young hens and toms, 32; old toms, 27a28; Spring chickens, large, 25a26; medium, 25; broilers, 30; Leghorns, 22a23; fowls, 25a 26; roosters, 20; ducks, 15a20. Dressed —Turkeys, young hens and toms, 37a38; old toms, 33a34; Spring chickens, large, 32a33; medium, 32a33; broilers, 35a36; Leghorns, 28a30; fowls, 28a30; ducks, 28a30; roosters, 23a25; capons, 40a45; Meats—Beef, 20a22; veal, 24a26; lamb, 24a27; pork loins, 22a25; fresh hams, 20a22; fresh shoulders, 18a22; smoked hams, 25a26; smoked shoulder: 18a20; bacon, 25a26; lard in bulk, 1 in_packages, 12, Live stock— 13. Calves, 15; lamb, 12%a Fruit and Vegetable Review. The daily market report on fruits 0 and vegetables (complied by the Mar- ket News Service, Bureau of Agricul- tural Economics) says: Apples—Supplies moderate; demand light, market steady; barrels, Virginia U. S. No. 1 Yorks, 2%-3 inches, 4.50a 5.00; boxes, Washington extra fancy delicious, medium to large size, 3.75; bushel baskets, Pennsylvana U. S. No. 1, 23; inches up, Northwestern Green- ings, 2.25; unclassified, 2% inches up, Yorks, 1.50; unclassified, 234 inches up, Black Twigs, 1.75; Virginia U. S. No. 1, Grimes, 24 inches up, slightly slack pack, 2.00a2.25; N. 8. No. 1, 2% inches up, Staymans, mostly around 2.00; few fine quality high as 2.50. Cabbage—Supplies moderate; demand moderate, market steady; New York, covers. Foreign exchanges firm: Ger- ) man mark at new 1929 high. Cotton o Bid. Asked. loo-pound sacks, Danis,h type, 1.8! Teher: "trade buying. Sugar steads: | American’ tinior 148" 77143 12.00; South Carolina, 1%-bushel ham- Cuban’ support. Coffee lower; easier 8;22‘,.‘" U. 8. units.." ‘;g “x; f:?'l%?nud type, some fair quality, ilian markets. " i | 1.40a1.75. Bty =~ I 113 18| Gelery_Supplies_moderate; demand CHICAGO, December 10 (P).—Wheat Qlty i ctal 249 251 | moderate, market firm; New York, two- higher; decreased world visible supply. | Gommercial . 510 | thirds crates, 3.50a3.75; California, Corn steady: insufficient rain in Argen- | Eirt "Natlo 5600 5800 | crates, Iceberg type, 4-5 dozen, 5.00a tina. Cattle lower. Hogs steady to|Harriman 170 1188 5.50; some falr qualiy 425ad80. higher. Mot 114 b nions—supplies moderate; demant _————— 175 | light, market steady; Ohio, 100-pound T 105 112 | sacks, Yellows, U. 8. No. 1, medium FOBFIG‘I: dEf‘iH:lffii i ;;i;;‘u‘fngui"’ii"?;‘."‘ s o |size, ' 2.00a2.15; Indiana, 100-pound (Quetations (UrBIYminal kold Selling checks | SE}&&""" i lj: !%5‘ L T S medium to London, pound s | Bankers riew 7 138 | Potatoes—Supplies moderate; demand SRR Rttt Bank N. Y. & Tr. 430 | light, market steady. Maine, 150-pound Berlin, mark 2398, o 33| sacks Green Mounfains, U. 8. No. 1 Rome." Jira. .. 923% 400 | 4.50a4.65;: New York, 150-pound sacks e, drachmaiil e 433 | round Whites, U. S. No. 1, 4.25a4.35; Madrid, Deseta . AN @ Pennsylvania, 150-pound sacks round Vienna! Sehiiing B 530 | whites, U. 8. 'No. 1 Copenh: fown ! anpe n 62 COAL PRODUCTION. Stotknoim, 2699 | New York.. ... 348 | By the Assoctated Press. —_— N ¥ Jiue & Mie. ,44| Thanksgiving holiday _interruptions 3 ot Bo at Not 28 | caused bituminous coal production in PARIS BOURSE PRICES. . Tl s tes 006 sd0 | the Iast, week reported by the Mines' Bu- o 10 (#)—Price — e reau rop under levels of recent o ARLS ers ereguiar on the Bourse| TREASU Weeks, though the volume was sub- bl evis RY CERTIFICATES. | iantiany above that for the same holi- r rentes, 81 francs 5| (Reported by J. & W. Sellgman & Co) | day week last year. Figures of output ~e::rtlxlx;!e's PRive. ep“etr cent 10an, 105 francs | siae 15 gz 10015532 10038 e “’"‘;F““gle pel:gdsaéolg:;g 8 n J 3 - eek ending November 30, 9,993 214 | 85 contimen. | ondon, 124 francs 1% dar: 35 ‘}332. 99 35 tonss " Breceditiy ‘week 10,072/000 g centimes. 15 1805 53533 same week last year, 9,906,000 tons. = % tock and_ Sales— —Prev. 1929 Stockana_ Sles— Prev. 1090~ Dividend Rate. Add 00. Low. Close | High. .Low. _ Dividend Rate. Add 00.Open. High. Low. Close 78 SteinA&Cocu pf 6%. 50s 801; 8215| 61% 20 Unit L&PA(60c).. 95 28k 2874 284 282 42 Stern BrosA (4). 1 431 4315 | 124% 85% Utd Lt & Po pf (§) 7 99% 99% 99 99 11 Strauss(Nathan) 10 14% 14%| 21 3% UnitedMilk Prod 7 Stutz Motor Car. 25 3% 34| 74% 14 USFollB (). oo 1Q SURINV......c0neee 2 15% 15%| 102 59 US&InSetf(2%). 1 Sun Inv pf (3)... ;( 39% 39| 19 . g Sunray Ofl. Tw| 624 4 Swift Intl (2) 1 35 9% 21 Switt & Co (8) . 3 136 | 31 4 Syrac Wash MB(1). 4 | 18% 11 Taggart Corp....... 28 22 | 28% i Tampa Electric (12). 4 50w | 26 10 Texon Oll & Land.... 1 10| B5% 0 Thermold Co (). 8 28| B4 1 Third Nat Inv (1). 34w Thomp Prod A 12.40. 2 26| 44 gullity Equil 13 Thomp-Starrett b 104 1% % Yukon Gold. Tobacco Pr Expe 2 1 | T33% 754 Vacuum Ofl (t4%).. 17 Todd Shipvard (4) 1 46 38% 8% Van Camp Packing. . 1 Tonopah Belmont . 4 6% 1% Venezuela Pet (29¢). 2 Transamer n (1.60). 71 46%| 18 7% Vick FinCorp...... 11 Tran Con Alr Tra 81 8% 354 WalgreenCo ...... 1 T b Lt 105 %o Waltt&BondB(Li0). 2 B e sl Cor. 62%| 93”61 Walker (H) (1)..... 13 10 Tri-Continental Cor. 27 18%| 23 5 Waiker Mining b e g L 89%| 14q 1 wWatson G WrCo.l. 9 "o 4 214 15 Wenden Copper..... T B Triplse BRI H T% 78y 22 West AlrExp (600).. 3 B R AEasT B, 1is 26%| 4% 15 WillamsRC (140). B Lpaei] s v i6% 4 Winter (Benj)...... 1 15 Ulen&Co...oooose 5 19%| ‘9w 2 Woodley Petroleum. 2 bt A emwiuvears 1 23| a4 13 Zonite Prod (160)... 2 25 UnNGCan (11.60).. 4 28 RIGHTS. Eaptre. % Unlon Tobacco. . 28 1 1% & Newport Co... Dec20 1564 & & & & 10 Utd Carr Fastnr 1.20 1 13% | 3w .01 Sierra Pacific. Jan. 3 6 % % & & 29% United Ch ptof (3).. 6 & Trans Corp.. Li's - 1 25950 95 Ak 2 Dividend rates 1n dollars based on last quarterly or semi- annual pavment. Kl Ex-dividend. tPartly extra. $Plus extra in stock. & Payable in 23 - | onsh or stock. bPavable in stock. d Pavable in preferred stock. i box, 3.00a4.25; tangerines, box, 2.00a2.75. Live Stock Market. Cattle—Receipts, 50 head; light sup- ply, market dull. Steers—Good to choice, 12.00a12.25; medium to 11.00a12.00; fair to good, medium, 10.00a11.00; plain to fair, 9.00a 10.00; common to plain, 8.00a9.00. Bulls—Good to choice, 8.50a9.00; me- dium to good, 7.50a8.00; fair to me- dium, 7.00a7.50; plain to fair, 6.00a7.00; common to plain, 5.00a6.00. Cows—Good to choice, 8.50a9.00: me- dium to good, 7.50a8.2: air to medium, 6.75a8.25; plain to fal .50a6.50; com- mon to plain, 4.00a5.00. Helfers—Good to choice, 10.50a11.00: medium to good, 9.00a10.00; fair to me- dium, 8.00a9.00; plain to fair, 7.00a8.00; common to plain 6.00a7.00. Fresh cows and Springers, 60al1.50. Sheep and lambs—Receipts, 150 head: light supply; market steady; sheep, 2.00a6.00; lambs, 6.50a13.75. Hogs—Receipts, 200 head; light sup- ply; market steady: lights, 9.90a10.10; heavies, 10.00a10.30; medium, 10.00a 10.30; roughs, 7.00a9.20; light pigs, 9.40 a9, pigs, 9.60a9.85. Calves—Receipts, 25 head; light sup- ply; market lower; calves, 7.00a16.50. Hay and Grain Prices. N‘;Wl;end—r;gi "; red V&'llig'kayr, spot, 1.27; . 2 re nter, garlicky, spot, 1.24: December, 1.24; January, 1.26; No. 3, garlicky, no quotations. Corn—No. 2 domestic, yellow, 1.10; cob corn, new, 4.50a4.75. Oats—No. 2 white domestic, spot, 57; No. 3 white domestic, spot, 5512a56. Rye—Nearby. 90a1.00. Hay—Receipts, none. Season for old hay is about over. A little new crop is arriving, but hardly enough upon which to establish quotations by grad: Where in good order new hay sells at from 14.00 to 17.00 per ton, according to its quality and condition, receipts by trucks taking care of most requirements. Straw—Little demand for straw. Re- ceipts generally ample. Wheat straw, No. 1, per ton, 9.00a10.00; oat strav No. 1, per ton, 9.00a10.00. CRUDE OIL OUTPUT. TULSA, Okla., December 10 (®).— Total daily average production of cruc- oil in the United States for the we ended December 7. was 2,624,478 bar- rels, compared with 2,632,717 for th week ended November 30, a decrease o' 8,238 barrels, the Oil and Gas Journa s today. Granted Patent License. NEW YORK, December 10 (#)—Th. ‘Youngstown Sheet & Tube Co. has be«, granted a general license to use the rolling mill patents of the American Rolling Mills Co. Continental Trust Co. 14th and H Streets Capital, $1,000,000.00 Checking Accounts Savings Accounts Acceptance Credits Time Deposits Foreign Exchanges Commercial Credits Travelers’ Credits Travelers’ Cheques Collections Real Estate Loans Collateral Loans Investment Securities Corporate Trusts Individual Trusts Adminijstrator, Executor Safe Deposit Boxes Continental Trust Co. 14th and H Streets WADE B. COOPER, President Capital, $1,000,000.00 | | Unconditionally GUARANTEED Now's the Time to Buy Guaranteed Income The finger of wisdom clearly points to our 6% First Trust Notes as the®soundest type of investment. ‘Why not put your funds to work where princi- pal and interest are ab- solutely guaranteed? Get the Facts EVESTMENT ¢, OF MagyLaD I