Evening Star Newspaper, December 29, 1929, Page 31

FINANCIAL CURB SHARES SINK (44 BANKS MERGE LOWER INSELLING INZ8 DURING 1929 FINANCIAL. WEEK ENDING, DECEMBER 28, 192! rast Week This Year. . 3,888,600 467,365,670 - 5,126,600 Range, 1926, High. ' Low. 831 10874 Range. 1929, Stocks and Dividend. High. Low. Stocks and Dividend. Crsse&B pf(314) w w. 10 5% Lit Brothers (new). Crowley Milner & Co. 14% 2 Loew's, Inc (war). Crown Cen Petrol. ..., . % A 28 Lone Star, new (8 Stocks and Dividend. Royal Typewriter (3). Ruberoid Co (4). Ruuek s Fifth Ave Righ. i Total stocks . Same period a year ago..... ! Week End Lightening of Ac- counts and Short Sales Cause Drop. BY CLAUDE A. JAGGER. Associated Press Financial Writer. NEW YORK, December 28.—Curb Market stocks sagged further in a dull Saturday session today. A trickle of liquidation, representing week end light- ening of accounts and cautious short selling, trickled into the market throughout the two hours of trading. The bull camp remained dormant. A few industrials were well bough! Royal Typewriter sold up 5 points in small turnover, reflecting favorable divi. dend action this week. Deere jumped 9 points in a few sales. Agfa Ansco, Gen. eral Electric of Germany, Glen Alden | and Lehigh Coal & Navigation made substantial progress. Nevertheless, such issues as American Cyanamid B, New- port Co., Powdrell & Alexander and Safety Car Heating sagged. Fajardo Sugar. dropped 5 points to 51, its low of the year, in response to an earnings report showing a loss of $720,000 in the year ended July 31. Utllities and olls were generally un- der pressure. American Gas & Electrie, American Light & Traction, Insull Util- ity Investment, Standard Power & Light and Northern States Power A lost 2 to 4 points. Electric Bond & Share and Associated Gas A lost nearly a point each. Gulf Oil dropped more than 3 points. and Humble lost about a point. Solar Refining tumbled nearly 5. South Penn Oil was firm, closing a point higher. Cities Service moved in a narrow range. Mines were heavy. Newmont s more than 5 points and Bunker Hill touched another new minimum for the year, Investment Trust issues were fairly steady. fraction higher. In the merchandising group Mercan- tile Stores was a soft spot, dropping-c e nearly 8 pelnu to & new low at 502, COTTON PRICES EASE. Market Closes qmn at Declines of 5 to 8 Points.: NEW YORK, December 28 (#).—Cot- ton was quiet today with prices easing off a few points under week end real- izing or liquidation. March contracts sold off to 17.40, or 6 points net lower, with the general market closing quiet at net declines of 5 to 8 points. January March FIVE-DAY WEEK GAINS. One of the important developments in employment conditions of the past year has been the trend toward the five-day week. The number of indus- trial workers in the United States now on this time as a definite schedule, and not as a temporary expedient, is much larger than generally believed. Two surveys recently undertaken indicate the number is not far from three-quar- ters of a million. lost | Trans America closed a | Peak Year for Consolidations of This Type Recorded in Past 12 Months. Special Dispatch to The Star. NEW YORK, December 28.—The year | 1929 will go down in financial history as \ the peak year of the merger movement among banks. In New York City alone there were no less than 28 mergers in- volving 44 banks, according to a com- pilation just made by Gilbert Eliott & Co. Among the largest of the New York banks to lose their corporate en- tities through mergers were: The National Bank of Commerce, the National Park Bank, Seaboard National Bank and the State Bank & Trust Co. Among the most active banks in the merger fleld were Chase, Bank of Man- | hattan and the Bank of America. The latter institution in addition to ac- quiring control of the Nassau National Bank and the Traders’ National Bank, also merged a private investment bank- ing house, Blair & Co., the first in- stance of such a combination in the history of New York banking. Later in the year a similar com- lbinltlon was affected when the Chat- ham Phenix Corporation, the securities company of the Chatham Phenix Na- tional Bank & Trust Co., absorbed W. R. Compton & Co. ‘The following tabulation lists the principal bank mergers since the first nr the yea: Merging banks. Bank of America.. Absorbed banks. Traders Nattanal Blair & Co! *Murray Hili Trust Municipal Bank Colonial Bank Bank of the Rockaways | Gity Financial Corp. | Mechanics’ Bank | Guardian National Bk. | *Stale Bank of - Rich- nd Counf Gentral Thion Trust ional Bank arfeid Natioral Bank American Expre R. Compton & Co. Bank of U. S. Brooklyn Trust ... Central Hanover- .. st N 1 Brookivn ¥ 'rm; % e Manufacturers' Trust.7ate’ Ban BOSTON M’EN DN BOARD ST. LOUIS, Mo., December 28 (Spe- cial) —Two prominent. Boston men, Philip Stockton and Comdr. Charles Belknap, were added to the board of Monsanto Chemical Works at a meeting | was increased from 9 to 11 members. 17. 1783 of the directors here today. The board 7 New Group in Company. NEW YORK, December 28 (#).—The new intersst of the United States Elec- Power Corporation in Standard Power & Light Corporation and Stand- ard Gas & Electric Co., as announced recently, does not represent the passage of control of that system from the H. M. Byllesby & Co. interests, it was pointed out today, but is mcrely an affiliation in which a new group will join in ownership of the system.’ WASHINGTON STOCK EXCHANGE YEAR 1929 TO DATE (Reorted by W. B. Hibbs Co.. Hibbs Building. Washington, D. C.) MALES OCCURRING ON THE WASHINGTON STOOK EXCHANGE FOR 1929 UP TO AND INCLUDING FRIDAY, DECEMBER 27. BONDS. PUBLIC UTILITIES. Anacostia & Potomac River R. R. Capital Traction st 55, 1947 C. & P. Telephone 1st 5s. 1929 C. & P. Telephone of Virginia 5s. 1943 ..... 8% City & Suburban Ry. 1st 5s. 1948 1st 55, 1949 96 82 Anacostia & Potomac Riv. R. R. guar. 5s, 19 8 Approx yield to Low. Close maturity 655% 5.75% 5.70% 525% Open High. Georgetown Gas Light 1st, Ss, 1961 Potomae Electric Power Ist 5s. 1929 Potomac Electric Power cons. 5s, 1936 Potomac Electric Power gen. 6s. 1953 . ‘Washington Gas Light gen. Ss. 1960 . Washington Gas Light series A 6s, 1933 . Washington ‘Washington Light series B 6s, 1936 .. y & Electric cons. 45, 1951 Washington Railway & Electric gen. 6s, 1933 MISCELLANEOUS. Barber & Ross, Inc., 6'as, 1937 Chestnut Parms Dairy. Inc.. 6'as. 1941. Chevy Chase Club 1st S%s. 1976 Distriet of Col. Washington Cors. Title 6s. 1951 Paper Mfg. 1st 6s. 1937 Washington Market Cold Storage Ss. 1938. . STOCKS. PUBLIC UTILITIES. Capital Traction Par value . 3100 N. & W. Steamboat . ... 100 Potomac Electric Power pfd. 100 Potomac Electric Power pfd. 100 Washington Gas Washington Reilwas & Elect. com. ‘Washington Ry. & Elec. ptd. NATIONAL BANKS. Capital Columbia Commercial District 2 Pederal-American . Liberty . Lincoln Metropolitan . Rigss - Second Washington TRUST COMPANIES. American Security & Trust Continentas Trust Merchants' Bank & Trust National Savings & Trust . Union Trust ‘Washington Loan & Trust . SAVINGS BANKS. Bank of Bethesds East Washington < Security Savings & Commercial United Stal Washington Mechanicy FIRE INSURANCE. American . Corcoran . Piremen's National Unfon . TITLE INSURANCE. Columbia Real Estate Title & In of Washington Cons. MISCELLANEOUS. Barber & Ross.. Inc.. com. Carpel Corp. com. . Chestnut Farms Dairy com. Chestnut Farms Dairy ofd Chevy Chase Dairy pfd ... Columbia Sand & Gravel pfd. Commercial National pfd. D. C. Paper Mig. Co ufd numu National Security pf American com. naa American pfd. Pederal Storsge Co. pfd. Lanston Monotype Merchants' Transfer & Stor. com. Merchants’ Transfer & Stz. pfd. 8587 Mergenthaler Linotype .. 20,543 National Mtge. & Inv. pfd 1,408 Peoples Drug Stores pfd : 20,954 Real Estate Mtge. & Guar. pfd 839 Security Storage ... 1,150 Terminal Ref Whi = Washington Mech. Mtye. Co. com. Washington Medical Bldg. Corp. ‘Woodward & Lothrop pfd 20 100 230 230 w01 4n 285 285 218 219 29 265 210 210 415 a5 m 3 525 530 215 218 280 280 20 438 135 138 130': 130'3 507 525 273 2m 500 500 63 63 B 3 455 478 600 600 50 60 308 328 163 170 0 4 26% 214 10 10 n2 a3 3 13 50 17% 2215 23 109% 108 10 100 UNLISTED DEPARTMENT. BONDS. Army & Navy Club 1961 Open. 90 Cosmos Club 4'3s (retired annually) Commercial Club 1st 55, 1938 Metropolitan Club 4%s, 1936 . STOCKS Chapin-Sacks pfd, Chr. Heurich Brewing . Range, 1929. High. Low. 23 6 3% 7 835, 1% bin Stocks and b‘vldond Acetol Prod Acronnullrul Indu Aero Supply Mfg (B). Aero Underwriters Agfa Ansco. ... Agfa Ansco pf. Ain'worth Cor ( Air Inv Inc, vte. ... Air Inv Inc, vte con pf. Airstocks, Inc v.t.e. (1). Alabama Gt So pf (1). Alexander Indust. Allegheny Gas Corp. Allied Aviation Allied Int Inv. 4 Allied Mills, Ine Allied Mot Inc ($1). Allied Power & Lt. . i Allison Drug Strs A. . Allison Drug Strs B. Aluminus Co of Am. Alum Co Am pf (6) Aluminum Co. Ltd Alum G'ds M (1.20) . Alumn Indust, Inc(133). Am Arch Co (3).... Am Brit & Cont . Am Chain (3).. Am Cigar Co (8)., Am Cigar pf (6). Am Cit PEL A (a3). Am Cit P&L(B) (b10: Am Colortype (13). . Am Cmwith P A(b10% Am Cwith P Bb10% & Am Comwith Pwr war Am Control. Am Cyanam Z Am Cvan B (1.80). Am Dept Stores. Am Dept Strs 1st pf(7). s.x Am Equities. Am ForPwr war. Am Gas & El (£1). Am Gas & El pf (£). Am Hardware (15) Am Inv, Inc, B Am Inv, Inc, war Am Laundry Mach (14). Am Lt&Tract (10)..... Am Maize (12.80) Do Am Pneumatic Serv.... Am Salamandra (3). Am Solv Chem. . Am Sol Chev pf (3).. Am StP S A (1.60) Am Superpower (1).... Am Sup'p 1st pf (6). Am Thread pf (25c). . Am Yvette Co, Inc. Am Yvette (new) w & Amster Trading (1%3) 1% Apex Anchor Post Fence (2).. Anzlo-Am vot cod (73c). Anglo-Am non-vot(73c). Anglo-Chilean Nit. tectrical Mfg. Apponaug Co (2). Arcturus Radio Tub. Argo Ofl. Arizona Comm (50¢) 17% 19 & Arizona Globe Cop. Arizona Power. G cm pf (60¢) Armstrong Cork(t2) % Art Metal Constr (12)... i Asso Dyeing & Ptg. Asso Elec Ind, Ltd . i ASSOG & E, A (12.80). .0 Ass0G & E debrts. Asso Laundries ($20¢).. Asso Rayon. . o Asso Rayon pf (6). A1l Coast Fish (1.40)... Atlantie Fruit & Sug.... Atlantic Lobos. Atlas Plywood (2 Atlas Portland Cem ). i Atlas Stores (12%)..... 4 Commu W Auto Vot Machine...... Aut V Mcv prpt (2). Aviation Corp Am. Aviation Credit. . Aviation Securities Axton FT. A (3.20)..... Babcock & Wilcox (19). Bahia Corp. Bahia Corp pf. Bancomit Corp, n(1.60). Baumann (L) pf (7).. Bellanca Alrcraft Bell Tel of Can (8). Rickfords, Inc (1). Bickford Ine pf (2%). Blaw-Knox Co (1). Bliss Co (E W) (1) Blue Ridge Corp. Blue Ridge cv pf (13). Blyn Shoes, Inc. Blumenthal (S) Bohack (H C) (13%) Botany Mills...... Brazil Track & L (2) Bridgeport Machine. Bright Star Elec(A). . Brill Corp A <|%1‘..... Brill Corp B Brill Corp pf (7). Brillo Mfg (1.20). Brillo Mfg A (2). Brit Cel Ltd rets : Brdwy Dep S 1st pf(7) Brown F & W(A)ev 2.40. Bruck S Mill Ltd (2) Buckeye Pipe L (15).. B N&EP Dt (160). Bunker Hill & S o) Burco, Inc..... Burco. Inc. war. Burco, Ine cv pf (3) Burma Corp, rets nzm Butler Bros (2). Buzza Clark Ine : Bwana M Kubw Cop. Cable Radio Tub vte. . Cabl & W Ltd. A rets Cabl & W Ltd. B rets Cabl & W Ltd. pf rets Consol Auto Mer etfs Consol Auto Mer cum pf ‘amden Fire In (11). Canadian Marconf. .. Carib Syndicate. .. Carman & Co A (2) Carnation Co ($3) Carnegie Metals Ceco Mg (23%).. Celanese Corp. . Celanese Corp pf (1).... Celan Corp 1st pf (7) Celluloid Corp Celluloid Cp 1st pf (7). ntral Atlantic States nt Pub S(A) (a1.75) Cent States Elec (340c) . Cent States El pf xw (6) Cent States El cv pf (6). Cent States Elec (war). Centrifugal Pipe (60c). Chain Stor Development Chain Stores Stock (b8). 125 Chesebor'sh Mfg (16%) uo Ches & Ohlon wi. Cities Service (330c fes Service pf (6). Uitles Serv P & Lt pf(6). Cley Tracotr (14 60) Club Alum Utensil . ; Colgate-Palm-P (213). . Colon Oil bia Bictures, h Edison (8). .. ‘omwlith & Sou (war). mmonwlith Prpf (6). Comwith Ut B et (350¢). Comstock Tunnel. .. ter Serv Consolidated Afrcra. Consol Cigar, war. Consol Coal. . . Consolidated Copper. . . Cons Dairy Prod (32). Con Gas of Balto (3.60). 4 Con Gas, Balto pf(3) Con Gas Ut A (2.20). Consol Royal Consol Theaters Continental Oil. . Coon(WB)Co(2.80) Cooper Bess ptA(3). Copeland Prod Inc A Copper Range (2). Cord Corp. . 223,970,282 N A LA [ A L+ T4+ 40001 i |I1|++|+|4+ B 1 B R FI+10 00+ 4000 t+1+++) S AR A 1L+ ++0 LEESE % s& FsTx & 140010 $8L. 130 I+ + *EREL N — ~ ! +l+Et+1 Departmental Bank Miller Train Control Park Savings Bank Munsey Trust Co. Raleigh Hotes ashington Savings Bank Woodridse-Langdon Savings B Corroon & Reynol 'n & Rnlas pfA(6). Cosden 011 Cosden Ojl pf. CourtauldsLtd(70c). Creole Petroleum Cresson Cons (.08). Crocker Wheeler. . +LEM I ++4010 - EFEIE FSE Fez¥ Ed S 7 o " GenWW& i Intl S = Cumberld Pipe L( 0 Cuneo Press. Cun Press pf (%) CurtissAirprisvte, Curtiss Flying Serv. .. .. & Curtiss Wright war. 4 Cusi Mex Mining. 4 Darty Petrol (1)., Davenport Hos (2) Dayton Airplane & En, Davis Drug Stores ctfs. Deere & Co (6).. De Forest Radio. i De Hav rets new (30¢). . Derby Oil & Refin. Detroit Aireraft Cor. ... Dix Gas & Utilities. .. .. Doehler Die Casting. Dolores Esperanza Douglas Aircraft Dow Chemical (2). Draper Corporation (15). Driver Harris (new) Dubilier Cond &Rad Duke Power (15) % Durant Motors. Duval Tex. Sul. w.| Fast G & Fuel Asso. .. Kast States Pow B Kastern Util Inv (A). Eisler Elec Corp. . Elec Bond & Share El Power Asso A EIP& Lopt war.... El Sharehldg (31). 4 Fl Sharehldg pf (6). . Empire Gas&F cm pf(7) Empire Power Corp (2). % Emp Pub Serv A (1.80). Empire Steel Corp. Emplyrs Reins(1%) Engineers Gold. .. Fng P S opt war. ¢+ Evans Wall Lead Fabrics Finish. .. .. Fairchild Aviation Fairey Aviation Ltd Fajardo Sugar. . Falcon Lead. ... Fandango Corp Fanny Farmer Fansteel Prod. ... Fedders Mfg A (2) Federal Screw (3% Federated Motals 111 .. Fiat Stk debrts........ Fiat Stk deb rts rets Film Inspect Mach Financial Invest, N Fire Asso of Phila (2%). Firemn'sFundins(5). First Nat Copper. . Florida P & L pf (7). Fokker Afreraft. Foltis-Fischer Corp. Ford-Motor Can A. . Ford Mot of France. Ford Mctor ld Foremost Fmst D Prd pru 60) Foremost Fabrics (2 4 Foundation Fcr Shs. Fourth Ntal Inv, Fox TheatersClass. Franklin (HH) Mfg l2). Franklin Mfg Co pf (7). i Freed-Eiseman Radio French LineB(2.54).... Galena Signal c.0.d. ena Signal : Galena Signal, pf., old. . Galena Sig.n.pf.c.od. Garlock Pack (1.20). Gears Forge, B.. General Alloys(80c) Gen Amer Investn. Gen Am Inv pf new Ll). General Baking. General Bak pt (6) Gen Cable war. ... # Gen El Germ rets. Gen E Ltd rets(50c) Gen Empire Corp Gen Indus Alcohol . Gen. Laun. Mach. 1.60. Gen Print Ink (234). Gen Rty & Utilities Gen R & Util pf (6) Gen Theater Eq vte. 21A(2). Gilbert (A C) (1)... Glean. . Harv (4).. Glen Alden Coal(10) % Globe Underwriters, Goldberg Stores. Gold Coin. ¢ Golden C Goldfield Consolidat. Goldman Sachs t.c. (b§). Gold Seal Elec new Gorham, Inc. (A) Gorham, Inc pf (3) Gorham Mfg vte (12), * Gotham KnitbacMch Gramaphone rets (2.91). Graymur Corp. ... Grt A&P Tean v(5). Grt A&P Tea pf (7). Greif & Brother. Jrief & Bro pf (7). Griffith (D W) A. Groc Store Prod vie, Ground Gripr (11% ) Guardian F' Assn (2) Guardian Invest. Guenther Law (2). Gulf Oilof Pa (1%). Hall Lamp (+2)..., Happiness Candy Hartman Tobacco. # Haygart Corp Hazeltine Corp (1). Hecla Mining (1) Helena Rubinstein. , HollingerGold (60c) . Homaokla Oil. Hormel (G) (t2).. Horn (A.C.) Co. Horn (A C) 1st pf (313). Horn&Hardart(21%). Houston Gulf Gas. Hudson Buy Min & % Humble Oil (2) Huyler Stores of Del Hydro El Service (2) Hygrade Food Prod. 111 Pipe Line (20). . Imp Oil Can n (50¢). Imp Tob Can (30c) . Ind P Lnew (123%). .. Indian Ter Illum Ofl. IndusFi ctfs(b109%). Indus Fin cv pf (7) Insull Util Inv. Insull Util Inv InsCo N A (1214) Insurance Sec (1.40). Intercoast Trad Co. Intercont Pete new. Intl H & Inc Co(10c). . Intl Perfume (1)... Intl Petrol, new ( Intl Product f Raz, Intl Superpower (1) Internatl Utilities (B) . Internatl Utilities(war) Interstate Equities Interst Eq cv pf (3). Interstate H M (1.40) ... Iron Cap Copper Irving Air Chute i IrottaFraschni(1.05)... Italian superpner. Ital Superpower war. 5% JerseyCenP&LDI(7). .00 mo-/. Johnson Motor Co. Jonas & Naumbur, Jonas & N cm pf (3). Kan City Pub S vte Com. KansCtyPSvtcApf(4). Kansas Gax & Blec. pri7) 1o 1%) KenRad T&L A Keer Lake. Klein (D Emil) Co. 4 Klein (H) pt pf (12). Kleinert Co (23%). . Knott Corp (2.40). ... Kolster-Br(Am shs). Lackawana Sec ( Lake Superior Corp. LakeyFdy&M(12.40)., Land Co of Florid Lane Bryant Ine (2). Langend Un Bak A (2). Langend Un B ok Lazurus F & R Co. LefcourtRIty (1.60) LefcourtRIty pf(3) Leh Coal & Nav 14) Lehman (The) Corp Leonard Oil. . Lnnor Stores (2). Ley (Fred T)&Co(3 Libby McNeill & L. Lily T Cup Corp ( Lion Ofl Refin (2) 2% 17% 2 25 B o | 4 * » T+ 14+ 0+ (RN AE L 1+ (2 llll++|l|+l [RE AN LA ARE A R (N PiEtbid++ +1 01001 +1L0++11 | e+ 1+ AR +400 000 +i+1+1 40 Long Island Lt (40c). Long sl Lt pf (7). Louisiana Lan & Ex. MacMarr Stores. .. Magdalena: Mangel Stor MangelStores pf ( Manninz-Bow A (135).. Mapes Sonsol Mfg (3).. Marconi Int M (5113¢).. Marconi W T br sh(62c) Margay (2) Marine Mid Cp (1 Marion Stm Shovel. Mason Valley.... Mavis Bottling. Mayflower Assoc. May Hos cum pf (4) Mead-Johnson(+313). 4 Memphis Nat GasCo Mercantile Stores (5). Mer&MfgSecA (1.50) Mer Chap & S(1.60). Mer Chap&S pf A(615).. Mesabi Iron. ... Met & Min Inc(1.20) Met Chain Stores. Met hc to 50c Strs pf Mexico-Ohio Oil. . . Midl United(b113 %), MiddleWest Utilities. 4 Middle Wst Ut war(A). . Middle Wst Ut war (B). Mid Royality ev pf Midland Stl Prod (1! % Midvale Co (4). 8 Milgrim & Bros. 4 Miller & Sons (2) Ming Corp Can MissKanPL(b5%%). Mock Jud Vohrgr(2). 4 Moh Hud P 1st pf(7). Moh Hud P 2d pf(7) Mohawk Mining (12). Montecatini deb rts. MooreDropFA (1714). 104 MtgBKCOIA (m shrs). Mountain&Gulf(.08) Mountain Prod(1.60). Municipal Service. ..... Nachman Spring (3). Nat Container. Natl Family Strs ( Nat Fam Strs pf (2 Ni 1% 1% at Power & Lt pf (7). . msn, 106% 106% at Pub Serv (A) (1.60) Neet Inc cv A (1.60) Nehi Corp (1.30). Nelson (Herman) New Haven (‘Iock”l%) ew Jer Zincn (14). New Mex&Ariz Lan. Newmont \‘llnln"tfl.. 115' N'Orleans Great North. ewport Co (2) N ¥ Auction (1%). Y Invest (1.20). N Y Invest war N Y Merch (21%). N Y Pet Royalty (1) » N Y Rio&Bu Aires. NY Telpf (6%).. - NYTransit(11.70)...... Niagara H Pow (40c) . Niag H Pow A war... Niag H Pow B war Niag Shares (b1-40). .. Niles-Bement-Pond. ... Nipissing (30e). . Noma Elec Co (1.60) Noranda Mines (3) Northam W ev pf (3) North Am Aviation. North Am Cement . No Am Lt & Pwr (b8 %). North Am Util Sec...... NoAmSec Util 1st pf(6) North Cent Tex (60c). North East Pow (11%). Nor Ind Pub Sve pf (6).. Northn Pipe Line(t3). .. North Stat Pwr A(8) North § Pow pf « Northwest Eng (2) Novadel Agene (2) Ohio Copper Ohio O11 (1214 Oilstocks A (1300). Otis Elevator new. ..... Outboard MotA (1.80). Outboard Mot B.... Overseas Securi % Pac G&E 1stpf(1%).... Pac Pub Ser (1.30). Pac Western Oil. Pandem Oil. Pantepec Ol Paramt Cab Park Davis (11.65) Parker Pen (213)... Patchogue Ply Milis. Patterson Sargent (2). Pender (D), A (3%%). Pender(D)Gro B(12). Penn Mexico Fuel (2)... Penna Ohio Ed B (war). Penn Ohio Ed pf (6). . PennOhioEd pr pf(7). Pennroad Corp. Penna Water & Pwr (3) . People’sDrugStrs(1) Peo Lt&Pw A(a2.40) Pepperell Mfg Co (8 Perryman Electrie. Pet Milk pf (7).. Petroleum Corp (13 ). Philip Morris Inc. .... Philip Morris (A) Philpe(L)IncA (1.60) Philippe (L) (B) (1.6 Pick (A) B&Copf..... e Bakcof Am (A) (2) Pierce Governr (114) Pllot Rad Tube ,A(1.20), Pitney B Pos n(20c). Pitts & L E (5). Pitts Forging Co. Pittsburgh Plate G Polymet Mg (31)...... Powdrell & Alex un.) Premier Gold 2e). Prent Hall cv (3), Prince & Whitely. Prince&Whitely pf3. Propper Silk H M(2). . Prudential Inv Pub Util Hold Puget S Pw & L pf( Pyrene Mfg (80c) QRS De Vry (80c) Tadlo Products (2) Raflway & Lt 8 (t5). Rainbow Lum ProdaA. .. Rainbow Lum Prod B. Raymond Cone (14) Red Bank. Reaves 4Dlnl‘l| l! Y% ,. Reiter-Foster (40c) Reliance Manageme: Repetti Candy Reynolds Bros inc. .... Revnolds Met, n (2.40). Rich Oil of Cal pf(1.75) . Richman Bros (3)... Richmond Radiator Richmond Rad em vf. 4 Rike Kumler (2.20) Rhoan Antelope Min Rochester Cent Power. Rocklard Lt & Power Rolls Roy ce. Am pf. 4 Roosevelt Field, Ine Ross Stores Inc. Root Ref-ev pr pf(1.80). [ES RN} i Exrssaes P OFEFES ran Consolidated. .. R;erson(.lnwn",) & St Antony Gold. . 9% St Lawrence Papr Mills, 67 St. Lawrence P.M. pf. 1414 St Regis Paper (1)... 12415 Safety H & Lt (110). 110 Safeway Strs w(2d). . 1% Salt Creek Cons(40c). 9 Salt Creek Prod (2) Savoy Oil..... 25 Schiff (The) Co (2). 12t Schiette&Zander (11.75) 26% Schlettr&Zanar pf(314) 5 Schulte Real Estate. ... 2 Schulte Un sc to$1 8, 10 Schulte-Utd Stores pf . 3% Schutter Johnson (A).. 6 Segal L & Hw 38% Seeman Bros (3). 9 Seiberling Rubber. . 85 Seiberling Rubber pf 4 Selected Ind. 49% Sel In 75%prior (3%) . 50% Selec Ind75%pd (572 ) . 34 Sentry Saftey Control 11 Seton Leather (2). Shattuck Den Min (NET AN N vkt 14% Silica Gllcl 37 Silver (1saac) Bros 79% Silver (1) Bros pf( +1 440 Singer Mfg Co (126). . 124 113% Stand Ol Ohfo pf(7) 189 % 101% Tenn El Pw 1st pf(7). o ! 103! Timken Det Axle pt ay. oE dividend, eartiy extra, 3 g i Dividens annual paymen:. 100 110 111 TubizeArtSilkB(1 110 1 Singer Mfg Ltd(30c)... 10 Sisto Fin Corp... 1% Snia-Viscosa. . 29 Solar Refining (2%) % Sonora Prod. ... 1% South Am Gold&Piat. 5% South Penn Ol (t214) 80 S'east Pwr&Lt pr pf(s). 20 So Cal Edis pf (B) (1%) 21% SouthCalEd pfC(1%). 18% So Colorado PwA (2). 4% Southern Corp. . 312 So Ice & Utilities B. 13 So Pipe Line (1). 11% Southland Roy (1) 9% Southw Dairy Prod. 4'% So West Gas Util. 45 Southwest Pen P 1, (1), % Svanish & Gen rets. 50 Spieg-M-Stn pf(615) Stand Gas&El pt(7). 71 Stand Investing pf(5%) % Stand Motors..... 95% Stand Ol & Exp pf (5).. 45 Stand Oil of Ind (12%). 18 Stand Oil of Kan (123 ). 29 Stand Oil of Ky (12.20). 40 Stand Oil of Neb (13%). 60 Stand Oil Ohio(2%). 1+ ] ++ ¢+ 401+ 2102110 e ERR ssse 22 x F13 3T I 49% Stand Pow & Light 93“. Stan Pow & Lt pf(7) % Standard Publishing A Standard Screw (19) Starrett Corp. Starrett Corp 5 Stein (A) & Co(1.60). Stein(A)&Co cu pf(6%) 10% Stein Cosmetics Ine. 18 SterchiBrosSts(1.20). 7t Stinnes (Hugo) 11 Strauss (Nathan 9 Strauss Roth. 25% Stroock &Co (3) . 2% Stutz Motor Car. 9% Sun Investing. . 32 Sun Investing pf (3) 4 Sunmiay Oil (40¢).. 30% Superheater (131;) 25% Swift Internation ( 21% Swift & Co (8).... 6 Syrac W Mch B (1) 18 Taggart Corp (1) 40% Tampa Electric (32). 4 Tech Hughes (60c) L4 10 p+44 P4+ T+ 040011 ] . ++ g wee B "EeRe 2% Y T ‘Texon Oil & Land. 19 Thermoid Co (2)..... 71 Therm Co cum pf(7) 25% Third Nat Inv (1), 18 Thompson Prod A 12.40. 5 Thomp Starrett 34% ThompSta pf(3 +++ 1+ 1+ +1 “5F #7257 ss 38Y 103 Tobacco&Allied Stks 26 Tobaceo I’rod Export. 404 Tudd Shipyard (4). . 20% Transamer (11.60). 7% Trans Air Trans. 4 Trans Air Transctfs 3 Trans-Lux DLPSA. 45% Tri-Cont Allied (3) 10 Tri-Continentl Corp. 75 Tri-Con Corppf (6).... 5% Triplex Safety Glass. 15 Trunz Pork Stores. .. LoIHEIRILEL 2 #so"eresds 101 Tun 23% Tun, 15 Ulen & Co 2> Ungerleide 214 Union American Inv 23% Un N Gas of C(11.60). % UnionTobacco 10 UnitCarr F 251 Utd Chem pt pf (3) 813 Unit Corp wa 6% Unit Dry Dock. 15 Unit Elec Ser. # Unit El Ser pur war. 15 Unit Gax Company . 20 Unit Lt & Pwr A (60c) 85% Unit L & Powpf (6). 213 Unit Milk Prod. | ¥ SEERFaEREzER) 2 - % Utd Reproducing (A).. % Unit Reprod. B. % United Ret. Chem.(A).. ‘nited Ret Chem B ctfs. it Ret Chem pl(!‘a). 48% U'S Dairy, A (5) 14 US Dairy B. 20 U S Finishing 14 U SFoil Co, B (1) 36% U S Gypsum (1.60). U S Gypsum pf (7). 59 U SInt Sec efs 13 US Lines 347% U S Radiator (2). 37 U S Radiator ctfs (2) 6 US Rubber Reclaim. 5 USSharesFin.... 55! Unit Shoe Mach (13%). 21 Unit Stores 11% Unit Verde Extn (4). 10 Unn. Wall Plner FEETHERTIE - migede o diEE .- S PRV I+ T4 00+ + 004+ #4804+ ) 1441 @ = Ut P& L ($1). 2 Util P&L B ctfs (xll‘.u 10 Utility Equities. . 5% Vacuum Ol (14%). 8% Van Camp Pack.. 11 Van Camp Pk pf (1) 66 Venezuela Mex Oil. 1% Venezuela Petrm (21 7% Vick Fin Corp. 1613 Vot Mfg Co (2) 13 Waitt & B, A (2) 35% Walgreen Co 21 Walgreen Co war. 813 Walker (H) (1).. 212 Walker Mining. % Watson (J W) Co.. 5% Wayne Pump. ' Wenden Copper. 22 West Air Exp (60c) 30% West Auto Sup A(3) 56 West Mass Co (2). 1% White S Mac deb ris 14'% Willlams, R C (1.40). 5 Will-Low Cafeteria 3% Winter (Ben). 2 Woodley Petrol... % “Y" Oll & Gas % Yukon Gold Co 13 Zonite Prod (1.60) nu.n'rs—zxrnm 01 Sierra Pacific Jan 3 % Trans Corpn.....Jan 4 'fi.lh-‘&m L FaSab rates 1o doniare based on last quarterly or semi-® LIFE INSURANCE USED Special Dispatch to The Star. stead of its usual custom of giving its AS CHRISTMAS BONUS NORFOLK, Va., December 28.—In- tomary. SAVINGS AND INSURANCE |life SHOW MARKED GAINS rs_are teaching th le of Lha United States to save a?am’l of their earnings than used In 1919 the total income of insurance in force had increased 3201 per cent, amounting to more ‘than $90,000,000,000. it RAIL EARNINGS OFF. NEW YORK, December 28 (#).—The first 49 rallroads to report November T part used to Cus- FETUFVRER 22575 » 2 ¥ employes an extra week's pay as a % | Christmas gift, the Charles Stores Co., 1% | Inc., of Norfolk has secured a total of 15 $300,000 in life insurance, which is to u. hmh‘(awhlmuflu " the people of continental United States was $65.949.000,000, and they owned $20.870,300.934 in iife insurance pro- earnings had an aggregate net oper- ating income of $66,643,000, compared with $84,893,000 for the corresponding month last _year, or a decreass of 21.5 per cent. net. of aggre- the same railroads gated $191,141,000.