Evening Star Newspaper, December 11, 1929, Page 14

14 ke PRICESHOLD IR | OND. C. EXCHANGE Barnks Vote Extra and Regu- ! lar Dividends—Warning on Checks. By EDWARD C. STONE. Local stocks were steady on the ‘Washington Stock Exchange today in #n active market. Capital Traction opened the trading, 27 shares selling at 75. Potomac Electric Power 6 per cent preferred featured the session by open- ing at 109 and advancing to 1103, sales totaling 45 shares. The 5'; per cent Potomac Power issue came out at 10413 ‘There was a single sale in Wuhington Rallway & Electric preferred at 94%. Bank stocks drew more attention t,o- day. Fifteen shares of Riggs National #old at 530, 10 shares of American Se- curity & ‘Trust at 435 and 20 shares of Federal-American National at 292 Peoples Drug Stores preferred again sold at 107 and 107%g in small lots. ‘Mergenthaler Linotype figured in a 65-share turnover at 107, same as yes- terday's prices. Forty shares of Chapin Sacks 8 per cent preferred sold at 100. In the bond division Potomac Electric Consolidated 5s moved at 101, Railway & Electric 4s at 84 and Capital Trac- tion 5s at 92. City & Suburban 6s recorded a $4,000 sale at 92 and An- nacostia & Potomac R. R. 5s changed hands in a $5000 sale at 90 and 89. Gas bonds were around recent levels. Potomac Bank Officers Named. At a meeting of the board of di- rectors of the Potomac Savings Bank this forenoon Henry W. Offutt was re- elected for the coming year; Alphonse M. Baer and B. Agee Bowles, vice presidents; C. Shoemaker, cashier; Emory H. Bogley, secretary, and El- more T. Burdette, assistant cashier. George W. Offutt was appointed ai- torney. The annual stockholders’ meeting was held yesterday in Alexandria and the proposed 40 per cent stock divi- dend approved. The par value of the stock will be reduced from $100 per share to $20 per share. This will give present stockholders five shares tor every one now held and the stock divi- dend will add two more shares, so that each shareholder will receive seven shares of the new stock. The following directors were re-elect- ed at yesterday's meeting: William P. Ames, William W. Anderson, Alphonse M. Baer, Emory H. Bogley, Agev Bowles, William H. Clarke, Davenporc B. Elgin, James C. Hoyle, Dr. Malcolm ‘W. Morgan, George W. Offutt, M. Will- son Offutt, Henry W. Offutt, Dr, An- thony M. Ray, C. Wendel Shoemaker, J. William Stohlman, Henry A. Storm and J. Clinton Tribby. Union Trust Declares Extra. At the regular monthly ‘meeting of the board of directors of the Union ‘Trust Co., held late yesterday, an extra Christmas dividend of 3 per cent was declared, payable December 18 to stockholders of record December 16, At the same meeting the regular quarterly dividend of 2 per cent was also declared. This disbursement is payable January 15, 1930, to stockholders of record De- cember 31, according to announcement by Edward J. Stellwagen, the president. ‘The directors of the Continental Trust Co. yesterday declared the regular quar- terly dividend of 1!, per cent, President ‘Wade H. Cooper announced today. The dividend is payable December 31 to shareholders of record December 23. President Rolfe E. Bolling, president of the Merchants Bank & Trust Co., announced today that the directors of the trust company have declared the regular semi-annual dividend of 3 per cent. This dividend is payable on De- ;:ml;elr 31 to stock of record Decem- T 31, The recently declared guarterly divi- dend of $1.62; on Peoples Drug Store referred xmck will be paid on Decem- r 16 and the 25 cent dmdend on the common stock is payable on January 2. Caution Urged in Cashing Checks. Local bankers have been startled to| learn that a good many Christmas Sav- ings Club checks have beem stolen in apartment house mail boxes and that the merchants have been cashing these checks quite freely. The banks are to- day calling attention of the merchants to the fact that these checks are not made out to the bearer, but to a spe- cifically named person. That makes the merchant, rather than the banks, liable for the losses. Local merchants are being warned to be sure that the persons presenting these checks are known li)el's/\)nmly by those cashing them. All the stolen checks have, of course, carried forged signatures when presented for cashing. The more daring crooks have gone still further than this, however, and have forged the entire check by obtaining blanks and filling in the amount as well as some fake name to whom it is to be paid. The Christmas savings checks are made out on special blanks with a picture of Santa Claus on them, so this forgery had to be very carefully planned in advance. ‘Washington bankers suggest that all these checks should be cashed at the banks, except in the numerous cases| ‘where the identification is certain. Columbia Building Directors. Melvin C. Hazen, Thomas P. Bones and L. Perry West, directors in the Co- lumbia Permanent Building Association of the District of Columbia whose terms expire, were re-elected last night at a meeting of stockholders for terms of three years, beginning January 1. Other directors in the association are Floyd E. Davis, Albert H. Taylor, Al- pheus E. Riddle, William P. Richards, Howard R. Norton and Fred A. Smith. Riggs Bank Club Election. ‘The snnual meeting of ‘the Riggs Bank Club, social orgarization of Rigg# National Bank, held yesterday, resulted in the election of the following officers for the new administrative year: George H. Morris, president; Willlam E. Brooks, first vice president; E. E. Fisher, second vice president; Miss Jane Kennedy, sec- retary. George M. Irelan was re-elected treasurer. The executive committee includes Mrs. Elsie W. Boteler, Mrs, Mildred F. Hoeke, Kenneth N. Alvey, Emory G. Shanks and Daniel ‘Wisecarver. Branch representatives are Robert Mellefont. Dupont Circle; Joseph A. Keene, Park Road; Miss Eva Ricker, Farmers & Mechanics and Friendship Heights: Mrs. Myrtle Wolfe, Seventh and I streets; Louls Quintzer, North- west. Lonsdale Lauds Bank Service. President John G. Lonsdale of the American Bankers’ Association, writing in Trust Companies Magazine, asserts: “Let me emphasize the fact that the trust department is one of the most im- portant divisions of a bank; that as such it deserves the hearty encourage- ment and co-operation of the head of the institution; that our fleld grows steadily with the wealth and increased activities of a busy Nation and that we should never rest in this great humani- tarian work until virtually every citizen has made adequate provision through the corporate trustee or executor for the safeguarding of his estate after he has passed beyond this vale of tears and troubles.” Kn;tmln Corporation. NEW_ YORK, December 11 (#).— Martin L. Straus, president of the Hart- man Corporation, declined to comment upon Wall Street reports that the divi- dend would be increased early next year, although such action is regarded as likely in view of the stockholders’ refusal to approve the proposed merger with Montgomery-Ward and the fact that 1929 earnings are expected to aj Ximate $2.50 a share. The current fisldend on the B stock is $1.20 a Bually. % 354% 6% 10 524 42% 23% T8% 157 60% 7618 62 348 FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, DECEMBER 11, 1929, FINANCIAL. TRANSACTIONS ON THE NEW YORK STOCK ‘EXCHANGE Stock ana Low Dividend Rate. 3614 ADItib! Power & Pap 69 Abitibi P& P pf(8). 68 Abraham Strauss. 20 Adams Expre: 77 Alr Reductn (14%).. 20% Alr Wal E1 Ap(234). 2 Ajax Rubber. 4% Alaska Juneau. 17 Alleghany Corp. 90 Alleg Corp pf (5%). 197 Allied Ch & Dye (c6) 354 Allis-Chalmers (3).. 231 Am Hide & Lea pf. .. 17% Amerada Corp (2)... 42 Am Beet Sugar pf. 27 Am Bosch Magneto. . 40'% Am Brake Snoe 2.40. 4% Am Brown Bov Elec. 86 Amer Can (16). 75 Am Car & Fdy (6). 70% Am Chain pf (T)... 27. Am Chicle (12%). .. 20 Am Com Alco(c1.60) 18% Am Encaust Til (2). 28 Am Europash Sec. 50 Am & For Power. 101% Am&Forn Pwr pf(7) 86% Am&For Po 24 pf(7) 19% Am Hawaflan S § (2) 40 Am Home Prod 4.20. 29 American Ice (3) 86 Am Icepf (6).. 29'% Am Internat (12) (118 92% Am Pow & Lt of (8). 70 AmP&LDIA(3)... 72% Am P&L of A st (5). 21'% Am Seating (2) 123% AmSm & Ref of (7). 38 Am Snuff Co (133).. 40 Am Stores (12%) 56 Am Sugar Rfg (8)... 99 Am Sugar Rfg pf(7). Am Sumatra (3). 160 Am Tobacco B (110) 114% Am Tobacco f (6! 50 Am Water Wks (¢ 97 Am Water W 1st(6). 67 Atlas Powder (15). Auburn Auto (4) 7% Autosales.... 34 Auto-Strop Raz (3).. 5% Aviation Corp. Del. . Baldwin Loco (1.75). Baltimore & Ohlo (1) 100 B'trice Cream pf (7). 45 Beechnut Pkg (c3).. 5% Belding-Heminway. . 76 Belg Nat Rys pf 6.49 25 Bendix Aviation (2). 25 Best & Company. 78% Bethlehem Steel (§). 116% Bethlehem St pf (7). 37 Bohn Alumné] 3 Booth Fisheries. 53 Borden & Co (3). 26 B 20 Briggs&Stration(i). 14 Brockway MT (3)... 40 4 4 99 16% Bruns-Balk-Col(3 4's BrunsTer & Ry 8. 26% Bueyrusecvpf (2%). 9 Budd (EG) (1%) 9% Budd Wheel (1). 25 Bullard Co (12) 21% Bulova Watch (3). 29 Burroughs AM(11.80 2 Butte Cop & Z (50c). 5 Butte & Superior (2) 19% Butterick Co. . 50 Byers (A M). 20 By-Prod Coke (1), 1 Callahan Zinc & L. 73% Calumet & Ariz (10). 25 Calumet & Hee (4% ) 20 Campbell Wyant (3), 45 Canada Dry G A (5). 189% Canadian Pas (10).., 28% Cannon Mills (2.80).. 17 Capital Adm (A) 130 Case (J 1) (6). i 66 Caterpillar Trac (3). 8% Cavanagh-Dobbs.... Celotex (3).eeccsnnn 274 Cent Alloy Steel (2). 240 Cent RRof NJ (112). .52% Cerro de Pasco (6) 11l Certain-teed Prod... 18 Checker Cab (4.20).. 160 Ches & Ohio (10). 4214 Chesapeake Corp (3) 3 Chi & Alton pf. 7 ChiGreat Wet 17% Chi Great Westn p! e 134 Chi&N W pt (7). 2% lbu& 140 109 88% 344 2% 51% 30% 3% 6944 46% 224 21% . Chi Pneu Tool. . N 47 ChiPneu T pf (3%). 101 ChiR1& Pao (1) 1 R 1 & Pac pf « 27% (c:mc: n-cou @) 354 Cluett Peabody (6).+ 101 Coca-Cola (4).. 10 Collins & Atkman. .. 27% Colo Fuel & iron 6l Colo & South (3) 52 Gas & El (3) 99% Col Gaa& EIpf A §). 164 Columb Graph(87c). 105 Columbian Carb(16). 28% Coml Inv Tr (g1.60) 10 Com Inv Trst w 20% Comm Solvent; g 10 Comm&So(bb%stk). 35 Conde Nast Pub (2). 11 Congoleum-Nairn... 43 Cong Cigars (16%). Consol Cigar (7).... 10 Consol Film (2) 15% Consol Film pf (3).., 80% Consol Gas, NY (4) 9214 Consol Gas of (5 45 Consol RR Cub pf(6) 1 Consol Textlle. 12 Contalner Cor A 1.20 3% Container Corp B... 25% Cont! Baking A. 4% Contl Baking B. 79% Contl Baking pf 40% Contl Can (214). . 20% Contl Dia Fiber ( 46% Contl Insurance (2). 65 Contl Motors ( 18 Contl Ofl of Del 70 Corn Prod Refin ( 204 Coty Ino (R3)....... of Wheat (1), 'y Radio (31), 37% Crown Cork & Seal.. 6% Cuban-Amer Sugar. 1 Cuban Dom Sug: Cudahy Packing (4). 112% Curtis Publish pf(7) 7% Curtiss Wright Corp 14 Curt Wright Corp A. 21% Davison Chem 234% Debenhams Sales— Add 00. High. °E thandaliswmanmna o LYt 3 3 2 Frotontehs Nsotdeanonnrndit~nwaSamer 22; mm 7 100 51% 1% 4% 5in 4% 93% % 135 149 Stock and Dividend Rate. Detroit Edison (8).. Drug Corpn (4). s Duluth S S & Atl Duluth S S & Atl pf. Dunhill Inter (24) Dupont de N (t Dnpont d N deb (8). Duquesne 1st pf ). Durham Hoslery.... Eastman Kodak(18). Eaton Axle &S (3).. Eitingon pf (634 ) Eng Pub Serv (f1). Eng Pub Sve pf (5).. Eng Pub Sve f(5%) Equitable BIAR(2%) R Eureka Vac Cl (4)... Evans Auto L(32%). Fairbanks Co. 2 i Fairbanks Mor: Fash Pk Aumuuv Fash Pk Asso pf (7). Fed Lt & Trc (11%). Fed Motor Tr (80c).. Fed Watr Ser A 3.40, Fid Phen F Ins (2)., Firestone T & R Firestone T&R pf (6) First Nat Strs (2%). Fisk Rubber.... Florsheim Shoe pf 6. Follansbee Bros (3). Foster Wheeler (2).. Foundation Co.. Fox Film A (4). Freeport-Texas (4). Gabriel Snub A. Gardner Motor. Gen Am Tnk Car(24) Gen Asphalt (4) Gan Bron: Gen Elec spec (60c). Gen Electric (new). Gen'l Food Corpn (3) Gen Gas&FEl A (te2) Gen Mills (13%).... Gen Mills pt (6) Gen Motors (13. Gen Motors pf (7) Gen Outd Adv A (4 Gen Outd Ad vte (2). Public Serv(bs) Gen Ry Signal (5)... Gen Refrac (t14%).. Gillette Saf Raz(c5). Gimbel Brothers. Glidden Co (h2) Gobel (Adolf). Goodrich BF (4). Goodyear Tire (5) Goodyear 1st pf (7).. Gotham Silk H (2%) Gould Coupler. Graham-Paige. Granby Copper Grand Storas (c1) Grand Unlon Grand Union Granite City St1 41)» % Grant (W T) (e1)... Grt North pf (6).... Grt North ptet (5)., Grt Nor Ore (a1%).. Grt West Sug (2.80). Grigsby Grunow (2) Guantanamo Sugar. Guif Mo & North. .., Gulf Mo & N pf (6).. Gulf Sta Steel (4) Hann Dept Stores. .. Hahn Dept S pf(83%) Hartman A (2)... Hershey Choe pf (I) Hoo (R) &Co....... Houdaille Her B(2).. Household Pra (14). Houston OMl. . Howe Sound (+434). Hud&Man Ry (3.50). Hudson Motor (5) Hupp Motor (£2). linota Central (7).. Independ O11 & G (2) Indian Motor Cyel Indian Refining. Indian Refining et. Industrial Rayon. Inland Steel (334 ) Inspiration (4). Insuranshar Intl Bus Mch (6). Interboro Rap Tran.. Intl Agricultural, Intl Cement (4). Int Combustion. Iati Cmb Eng pf (%4 Int Hydro E1 A (e2). Intl Match pt «3 30). Int Nickel of G.l(l). Intl Paper pf (7) Intl Pap & Pwr pf(7) InItl Rys Cnt A ct... Intl Shoe Co (3). Int Tel & Teleg (2).. Inter Dept St (2). Investors Equity(32). Jewel Tea (4) . Johns-Manville (3) Jordan Motor Car... Kan City Sou (5). % Karstadt (Rud.) Ine. Kaufmann DS (1%) Kayser Julius (4)... 5% Keith-Albee-Orph Kelly-Spring Tire. Kolster Radlo. ... Kraft Ph Ch '1*) Kresge(S8)Co(1. 60) Kreugerd& Toll(1.34) Kroger Gr&Bak(el). Lago Oll & Trans... Lambert Co (3). . Leh Port Cem (2%). Lehigh Valley Coal. . Lehigh Valley (3%). McCall Corp (4). Mclntype Pore M(1) McKeespt T P 143% Mciceason & Flob 18 Rb pf(3%) n Stra A 2.20 Mack Trucks () Macy (RH)&Co(o18) Madison 80 G (1% ) Magma Copper (5) Mallinson 2 4 Maracatho Ofl Exp 2216 “ 3% 10 6814 27w 3% 46 106 [ Market 8t Ry pr pf. % May Dept Stors(es). Maytag Co (12) Mayiag Co pf 13) Maytag Co Ist pf(8). Meiville Shoe (1.40). Mengel Company () Metro Gold pf (1.89), Mexican Seaboard. Miami Coppe Miller Rubber Minn Moline Mo Kan & Texa, :u Kan & T our! Pae pf (8)., ® » rom - P a2l onaluSae Rnnnnnban~ReunleBoRE cuxBoarnvannaa IS N e @ S a E - T N S e L I - TR BE AR wm =D R an 3 H e a2 85/ 137 Sates— Add 00. High. Low. 85% 185% 1364 na vidend Rate. Monsanto Ch (g1%). 1 Montgomry Ward(3) zss Moon Motor (new) Morrell J (3. Mother Lod Munsingwear (13%) Murraay Corp (k3).. 235 Myer(FE)& Bro (3). Nash Motors (8). Nat Acme (1%) Natl Alr Tra Natl Bella Hess(21 Natl Bel Hes pf (7) N Y Chi & St L pf(6) NY NH & Hart (6 N'YOnt & We N Y Raflways pf. Norfolk Southern. Norfolk& Wstn(112). North Am(b10%stk) North Am Ed pf ( Northern Pac (5) Narth Pac et (5). Nor Ger Lloyd(3.41). Norwalk Tire & Rb. Ofl Well Supply. Oliver Farm Equip. Ol'vr Fr Ea pf A(6). Olivr Fr En cv pt(3). Omnihus Corp. Otis Elevator ( Qtis Steel (2%) Owens 111 Bottl Pacific Gas & E (2).. Pacific Lighting (3). Pactfic Ofl stubs. Fackned Mot (11,103 540 Pan-Am Petroleum.. 4 Pan-Am Pete B 1 Panhandle P& R.... 12 Paramount-F-L (3).. 121 Park & Tilford (13). 2 Park Utah. 18 Pathe Fxchange Patine Mines (3.8 Penick & Ford (25¢) Tenn Coal & Coke Tenn Dixie Cament. . Penn Dixie Cemt p Pennsyivania RR(4) Penney (JC).. Peovle’s Gas Chi (8) Pet Milk (1%). Phelps Dodee (3). Phila Co (7)., Phila Co 6% of (3) Phila & Read C& 1. Philin Morris (1) Phillips Petrlm (; Plerce-Arrow A . Plerce Arrow pf (8 Pierce Ofl o Plerce Petroleutn. Pilisbury F1 (t2%).. Pirelli Co A (2 ll Pittsbeh Sery Pitts & W Va u\ Poor & Co (B) (2)... P Rican Am To (A)7 P Rican Am To (B).. Postal Tel & Cof(7). Prairie O&G (123%).. Prairfe Pipe L (15).. Pressed Steel Car... Proc & Gamble (2) Prod & Refiners. Pub Serv of NJ Pub Sve NJ pf Pub Sve NI pf . Pub Sve E&G pf(8).. Pullman Corp (4) Punta Alexre Suga: Pure Ofl (1% - - - AR unluvenBamuimnnas o PR~ Radio-Kelth-Orph A. Rallway & Exp (2).. Raybestos-Man(235) Reading 2d pf (2). Real Silk (5) Reo Motor (11.40 Repub It & Steel Revere Cop & Brass. Reynolds Tob B (3). Rhine West (1.92)... Richfield O11 (2). Rio Grande Ofl (k2). Dental (234).. Roesia Ins (230) Royal Duteh (a V. Safeway Stores (5) . St Joseph Lead (13). St L-San Fran (3) St L-San Fran pf (§) Seaboard Alr Line of Sears Roebck (13%). Sec Natl Inv pf (5).. Servel Ine. .. Sharp & Do of (3%). Shattuck (F3) (1).. Shell Unlon (1.40)... Shubert Theat Stmmons Co (g3). Stmms Pet (1.60) . Sinelair Con Ol (2). Sinclair Ofl pf (8)... Skelly Ol (3)...0uue Snider Packing. Solvay Am In pf §%. So Porto R Sug 13%. Southern Cal Ed (2). Southern Paclfic (8). Southern Rwy (8 Southern Ry pf( Spalding (AG) (3) Spang-Chalfant..... Sparks Withngtn(1). Sales— Addes mun. Low 53 53% 5 st Prev. | —Prev 1929 Close. Close. | High. b;: 53 Std o1l Sun Of1 Transu 297% 200 85% 80 162 381 60 33w 111% 40% 27% 96 90% 48% 15% 14 6% 40% 20 92% 82 134'% 86% U S 49% 184 U S 243% 95 U 3w 5 U 61% 15 U 55% 12 U 19 15 U 20 18% 119% 50'% 65 15 921% 40% 2% 29% wuuunnrLNEnN Rul u u u u u Wabas) Westn. w.lln White Yalo & Yellow Young Zenith Am Rollg M..Feb 15 % Utd G 139% 991y 'Unit of t % 1n stocl T o #Paid st ear o n Fayable 234 {PI Mll k PI.‘“ 19% 2 % | 1728 0f '» 'share '-'.'" Stock and Dividend Rate. Stand Com Tob (1).. Stand Gas & El (3%) Stand G & E pf (4) 5 % 65% Stand Inv Corp (B8). 2 14 14% % Stand OfI N J (12) Stand OIIN Y (1. 5 % Stand Plate Glass... 2'4 Sterling Sec A). Sterling See pf(1.36) 1ing Sec cv pf(3) Stewart Warn(J33). Stone & Webster (2) Studebaker (36)..... Plpe & Fary (2). Pipe 1st pf (1.20) Pipe 2d pf (1.20) Realty (6)... Smelt U S Smelt Ref pf 3% Util Pwr & Lt A (e2) Vadsco Sales. ... Virginia-Car pf (7).. Waldorf Systm (13) reen pf (64).. Ward Baking pf (7). Warner Buos Pic (4) Warn Br P pf(2.20). Warner-Quinian (2). Warren Bros (19). .. Warren Fy&Pipe(2). Wells Fargo. Wess O1l & Sno Weas O & Sn of (4), Bucyrus Erie Dec 30 Col. Carbon. . Mar. 11 Det Edison. . . Dec. 23 N Y Central..Jan 31 vidend rates as given in the 15, 005ed on the latest Guasterty or ) Sales— b Add 00. High. Close. Close. 6 244 25% 43% 43 29% 304 9 8% 8% 133 1284% 65 63% 67% 35% of Cal (h (p1). Superior Oil. Superfor St Symington Symington A Telautograph 1. Tenn Cop & Ch ( T Corp (3). 1f Sul (4) & Pac (5) C & Ofl (b8) ‘ater Asso. . Tide Wat Asso pf(6) Timkn Det Axle 1300 Timken Roller (3).. Tobacco Prod ctfs Tobacco Froducts A. Transcontinental Oil e & W (1).,.. Trico Prod (23 ) Truax Traer (1.6 Truscon Stl (£1.20. Und Ellfod Fishr ( Unlon Bag & Pal Union Carbide(2.60 Un Oil of Cal (32) Union Pacific (10) Union Pacific pf (4) 163% 121% Union Tank Car(6).. Utd Alrcraft&Trans. 109% 44% Utd Afreraft&T of §. Utd Biscuit (1.60) Utd Stores pf....... 23 9 U S Distributin, 12 17% U S & Foreign Seaur. U S & For Sec pf(6). Freight (3) Hoffman (2). nd Alco (6). Leather, 5 ® bbe: - » enut S nNoacumnBan~Sandamonm [PSrS n. 2 o P Dairy A () Dalry (B Wextark Radio (e2). Wheeling & L Erie. Wheeling & L E pt. White Eagle Oil ¢3). Motors (2)... . WhiteRock M S (N) White Sewing Mach. White Sw Mch pf(4) Willys-Over (¢1.20) ) Worthington Pump. Towne (15) . Truck & C. Spring (3) Radlo (2). RIGHTS EXPIRE Allis-Chal, n.Deec. 31 | an 15 Reynolds Spr.Jan 24 % W as [m..Dec 31 672 1% 14 Sales of Stocks on New e !-r: c::clnp. 527,300 13 2.521,900 re tl Seean ,-:;:-..‘ 1:‘.112."‘2%..:?:‘ 5 . 8% In&l.cl. g‘hm ‘m Special Dispatch to The Star. BALTIMORE, Md., December 11.— Potatoes, white, barrel, 1.50a4.00; 100 pounds, 1.7582.00; sweet potatoes, bar- rel, 1.50a2.75; yams, barrel, 1.50a2.25 beets 100, 4.00a5.00; brussels sprouts, quart, 10a25; beans, hamper, 1.50a2.50; cabbage, hamper, 30a50; carrots, 100, 4.0085.00; caulifiower, crate, 2.00a3.50; celery, crate, 2.50a4.00; eggplants, crate, basket, 2.00a2.57; 5; onions, 100 pounds, peppers, crate, 4.00a8.00; parxnlpn, basket, 50a60: pumpkins, 100, 5.00a15.00; spinach, bushel, 50a1.00; squash, crate, 1.50a3.00; tomatoes, crate, 4.00a5.00; turnips, hamper, 25a35; ap- ples bushel, 75a2.25; cranberries, box, 3.00a4.25; grapefruit, box, 3.25a5.00; oranges, box, 3.00a4.25; tangerines, box, 2.0082.75. Dairy Market. Poultry, alive®Turkeys, pound, 28; old toms, 20a23; Spring chickens, 24a 28; Leghorns, 22; old hens, 23a27; Leg- horns, 18a20; poor and thin, 17al8; old roosters, 18a20; ducks, 16a23; geese, 16a22; guinea fowls, each, 40a60; plgeons, pair, 25. Eggs— Receipts, 602 cases; native and nearby firsts, 50a52; pullets, 40a45; hen- nery whites, firsts, dozen, 53a54; cur- rent receipts, 43a45; culls. and dirty ©ggs, 25a30. . Butter—Good fancy ereamery, pound, 41a46; ladles, 35a36; store pack- ed, 21; rolls, 31a32; process, 38a39. Live Stock Market.' Cattle—Recelpts, 50 head; ply, market steady. Bteers—Good to choice, 12.00a12.25; medium to good, 11.00a12.00 to medium, 10.00a11.00; plain to fair, 9.00a 10.00; common to plain, 8.00a9.00. Bulls ~-Good to choic>, 3.50a9.00; 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, 8.5049.00; me-* light sup- ‘cetpb; generally ample. dium to good, 7.50a8.25; fair to medium, 6.1508.25 plain to fair. 55 o mon o plain, 400a5.00. oS oy eifers—Good to choice, 10,5 5 medium to good, 9.00a10.00; (o dium, .0029.00; plain to mr, 7.00a8.00; common to plain, 6.00a7.0 Fresh cows and Sprlngex 60al1.50. Hsl:lt“p nx;d lnmtfiz~Rnelp| 100 head: ight supply, market 6.00; lambs, 6.50a13 75 e Hogs—Receipts, 500" head; light sup- ply; market low lights, 9.7510.00; heavies, 9.90a10.20; dium, 9.90a 10.20; roughs, 7.00a9. 20; lllht pigs, 9.40 8 29.60: pigs. 9.60a9.85, Calves—Receipts, 25 head; light sup- ply; market lower; calves, 7.00a16.50. Hay and Grain Prices. Wheat—No. 2 red Winter, spot, 1.24%; No: 2 red Winter, garlicky, spot, 12134 | December, 1.213;; January, 1.2315; No. 3, garlicky, no quotations. Corn—No. 2 domestic, yellow, 1.09a o 1.10; cob corn. new, 4%0a4.60. Oats—No. 2 white domestic, spot, zb’ ; No. 3 white domestic, spot, 552 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 grades. Wheére in good order new hay sells at from 14.00 to 17.00 to its quality and condition, receipts by trucks ' taking care of most require- | ments, Sfl‘lw—Lfllle demand for straw. Re- Wheat straw, per ton, 9.00a10.00; oat straw, y per ton, fiflflllfl 00. BILL BUYING HEAVY NEW YORK, December 11 Dealers in bankers' acceptances report a heavy buying of bills for the account of the Federal Reserve Banks in the last few days. These purchases in- crease the amount of credit available, nd tend to offset the heavy withdraw als of funds in connection with holiday and year-end demands. per ton, according | Rome. P~ | SHORT-TERM SECURITIES. Allis-Chalmers Co. 5s 1937. . Bt g% Aluminum Co. of Amer. 241953 101 Amer. Rolling Mills 5 97 ATmour & Co, of Del 5tba 1043 3313 Baltimore & Ohio 4%s 1833 9 101 Cor Canadian Nat. Canadian- Nor. Rw: 1938 Ches, & Obio Rwy, 4fzs 1830 Chicago Rock Tsland 45 194; Chile Copper Co. 55 1947 dahy Packing Co. 5’{: 937 L Boston 4133 1930 n. Mo Corp. &s General Pet: Gorp. o mn Goodyear T. & R. 55 1957 1932 Tnterant Match Con o35 1941 Enillips Pet. C ig30. ot FOREIGN EXCBANGE. (Quetations furnished by W. Hibbs & Co.) Nominal lolfl ‘Selling checks valde Cor London, pound. rl! Bavis, franc Brussels, be Berlin, ]mlr Zurich, - franc thens. drachi crown Stockholm, crown TBEASU’RY CERTIFICATES. (Reported by J & W. Sellgman Rate_ Maturity, B Tas Mar 15, iese. m‘ June 16, 1930 .. Mar. 18 189 D 4 1. Biter o mola 2 100 18-3: ‘The world's mt elecmc generat- ing plant, near Chicago, develops 278,820 horse power. STOCKS IRREGULAR “INSHIFTING TREND Market Reflects Uncertainty in Speculative Sentiment. Specialties Gain. BY STANLEY W. PRENOSIL, Associated Press Pinancial Editor. NEW YORK, December 11.—The stock market floundered about in & rather erratic manner again toda; Prices headed upward in the early trading under the leadership of the public utilitics and the oils, but turned irregular later when selling pressure was renewed against United States Steel common, General Electric and some of the other recent leaders. Trad- ing, while somewhat larger;in volume than yesterday, continued to be of a highly professional character. Business news was more favorable in tone. The Iron Age review stated that while December will be a poor month, both in shipments anc ‘production, sentiment in the iron and steel industry % | Clearing house statement: has improved and nowhere are there signs of a general paralysis in trade such as developed after other stock market panics. Foreign sales of copper yesterday were remned to be the larg- est in three montl Some disappoint- ment was shown in the sharp falling off in freight car loadings during Thanksgiving week, but this was at- tributed, in part, to the holiday. Spectacular Gain, Philadelphia Co was the spectacular fe-ture in the public utility group, soar- ing 34 points to 224, jumping several points between sales. Standard Gas & Electric was marked up 9%, American Water Works Y, Electric Power & Light 6, Detroit Edlson 5, Federal Light & Traction 41; and Peoples Gas 4', but many of these gains were cut. down in the afternoon selling. Buying of the utilities was based on reports of steadily expanding e&tflcfl output and the be- lief that the increased dividend rate on Public Service of New Jersey was the forer\lnner of other special distributions. ils enjoyed a temporary period of strennh under the leadership of Hous- ton, Mexican Seaboard and Simms Pe. troleum. Dividend Actions. Dividend develapmenu were largely favorable. The annual payments on the common and preferred stocks of the 3, | Westinghouse Electric & Manufactur: Co. were increased from $4 to $5, bu the common sold off sharply on the an- nouncement, presumably because many traders had expected ‘a stock split-up. Otis Elevator scored an extreme gain of 13 points on the announcement of a a—lor-l stock split-up. U. S. Steel common, after touching 182% during the morning, sold off to 178% in the early afternoon. General ectric _dip) 5 points below last night's clou and Westinghouse Electric 2%. International Harvester, Johns Manville and Radio also turned. soft in the early afternoon trading. Commodity Notes Silk. PORTLAND, Ore, December 11— With nearly a million dollars' worth of raw silks in her hold, the Kawasaki liner Victoria Maru is speeding here from Japan, the Yamashita shipping company agents report. The Victoria Maru has aboard 794 bales. as_Corporat! ?::lifl tes !Nh‘t“nl a e ex- pendlture of $8,000.000 in improvements lants and buildings in the South in ad(fi&lon to the construction of pipe lines from the Louisiana gas fields Natural gas through the latter lines reach Atlanta January 1, but it will re- quire six weeks for the full flow to be made effective. Radio. NEW ORLEANS.—Sales of radio re- cejving sets, tubes and accessories con- tinued to show an increase over the sales of 1928. The absorption of radio sets by the people is one of the out- standing features of the retail situation throughout this section. =y CHICAGO DAIRY MARKET. CHICAGO, December 11 (A).— Butter—Weak; receipts, lfllfl tubs; creamery extras, 40; stand: 3 efil‘?‘flnfl, 38a39; fll‘!tl BSIH' seconds, Eggs—Steady; receipts, 2,573 cases; extra firsts, 51a53; graded firsts, 48ad: current firsts, 40a45; ordinary firsts, 37a 39; refrigerator extras, 3814; refrigera- tor firsts, 3714, Clearing House Statement. NEW YORK, December 11 (P).— Exchanges, $1,568,000,000; balances, $179,000,000. 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