Evening Star Newspaper, January 31, 1930, Page 13

FINANCIAL. - CHRTHAS AN ‘Report From 31 D. C. Clubs Reveals ‘Sharp Gain for 1930. By EDWARD C. STONE. Christmas savings clubs in 31 Wash- ington banks have again shattered all .wvhu records total T- : amoun! in“a single yedr, President Wilmer J. Waller_of the District Bankers’ Association, an- ‘eampaign, during which the 1930 €lubs were opened and started well.on their way, show that 91.430 Wash= a e clue, Joined clul Eliot H. The and subscribed a' tatal of $7,772,273.50, which they intend to deposit during the year to have available.for .use next Christmas. This is an’ increase of 3,729 accounts over last year, when the total member- ship was 87,701, and a gain in the amount subscribed over 1929 of $330,- 194, last year'’s subscriptions to the va- rious clubs having been $7,462,079. ‘The splendid increase of nearly 3.800 members and the substantial advance in the funds to be set aside during the present year in clubs are most gratifying to President Waller. Unstinted praise is due Eliot H. Thomson of the Washington Loan & ‘Trust Co., who is chairman of the as- sociation’s advertising committee, and his tes. Mr. Thomson has been ‘hairman of the important committee :uruunlgempndhnputlnanut deal of ‘v ‘hard work in pushing the savings idea. Substantial Gains Surprise. ‘The gains in both members and de- its are a real surprise. Local bankers ad no way of telling how great a det~ ent to savings the New York stock ‘market crash might prove. Many feared that the Christmas savings clubs this year would reveal a drop in the number of members as well as in the amounts subscribed. During the last part of 1929 savings sccounts in Washington and all over the country suffered quite severe de- clines. Some of this money was with- drawn to protect ‘margin accounts in New York, other funds were used to brace up security loans made through the hnza and still more savings bank mon ities ey was employed in buying secur- outright which investors had never. cfiefl to-own, . - = hmx]\n zfl%vmmt, however, tly made people. & S s e of Chairman Thomson, the District Bankers' Association put on the usual co-operative campaign, vividly pointing out the advantages of Christmas Sav- reas. . two of the 12 districts in sales, the Richmond with an advance of 1.8 over December, 1929, and San reporting a gain of four- 1 per cent. Chicago and St. ole coun):y, while Dallés an also experienced severe sjumps. Department store sales for the United States as a whole were off 2.5 per cent, which makes the gain of almost 2 per is territory the more remark- able. For the entire year sales over the country as a whole were more favorable, ling an advance of 2 per cent zm the 1928 figures, Richmond Leads Entire Country. “Inventories of the reporting depart- it #fl at the end of 1929 were in aggregate at about the same level & year ago. Decreases were .Te- for eight Federal Reserve dis- tricts, increases for the Chicago, Dallas and San Prancisco districts, and little change for the New York district. - es in sales and stocks of re- department stores are summar- mhb"y districts in the following table, the percentage increase or de- 1929 con.pared with 1928: 13 Lo busbu. Seasutavwene BOwo s, L me number of business days (25) this ye:'x" and last year, but the number of Saturdays was four this year, compdred Wwith five last year. Local Exchange More Active. ‘Business improved on the Washington Steck Exthange tdoay after yesterday's record-breaking duliness. - Fifty shares of Washington Railway & Electric preferred sold at 95%, ten shares of Bank of Bethesda moved at 65 and five sales in Mergenthaler Linotype were recorded at 10672, 106% and 107, the turnover in this stock being .50 shares. There was one sale in Capital Trac- tion, only four shares, at 87. Five shares of“Potomac Electric 5'; per cent pre- ferred sold at 107%. The only bond sale was in Capital Traction 5s at 92%. Harper Celebrates Birthday. President Robert N. Harper of the District Natjonal Bank celebrated an- other hirthday, attention to the fact drawn by a huge basket of flowers on desk, presented by the bank's He was aiso the recipient of many congratulations, as well as re- cetving a flood of birthday cards. Col r retains his youth splendidly id is still one of the most active and nest bankers in the financial dis- t Bond Club Hears David Friday. David Friday, economist and writer, addressed the Washington Bond Club foday at "i'ht:e monthly meeting at the Carl 5 conomist . discussed - Serest Rates and Bond Prices” in & most dnformative manner. The attendance ‘was unusually large, President Pranklin . Ellis, presiding. ; ~Atlas Powder Co. _WILMINGTON, Del, January 31 (). “<The feport of the Atlas Powder Co., for the year 1929 shows sales of $22,- 011,930. Compared with $21,248,993 for the preceding year. Net income amount- 234 © 54% 36% Celatex ( Recgived by Private Wire Prev. 00, High. Low. Close. Close. 10 204 26 1 70% 70% T0% T1% 7 56% 52 56% 52% 90s 108 108 108 - 104%. 108 20% 29 29 20% 1 28 28 23 23 5 204 19% 191 20 2 39% 38% 38% 38% G, B e ¥ 49 1284 1204 12217121% 20% 20% 31% High Low. Dividend Rate. Add 33% 22 Abltibi Power & Pap 78 62 kas 105 104 Abraham & St pt (7) 23% Adams Expr (160).. 23 AdAms Millis (2). 28% 11% Advance Rumley... 414 22 Advance Rumley pf. % % Ahumada Lead...... 131% 118 Alr Reduction (3) .. 32 21 Alr Way Bl Ap(2%4). 2% 1% Ajax Rubber 9% 7% Alaska Juneau ‘27 23 Alleghany Corp. 991 951 Alleg Corp pf (5%).. 277 265% Allied Ch & Dye(ns) 60 49% Allis-Chaimers (3).. 1 18 Amerada Corp (2)... 7 Am Agricu] Chem. .. 27% Am Argicul Chpf... 5 63 Am Bank Note pf (3)100s 40% Am Bosch Magneto.. 7 46% Am Brake Shoe(%40) "2 8% Am Brown Bov Elec. 12 60% Am Brown B E pf(7)320s ' 66% 17% Am Can (4)... « 200 130 76% Am Chain pf (7) 1 84y 36% Am ChicleCo (124). 8 44% 26% Am Com Alco(n160) 10 30 23% Am Encaustie (2)... 26% 35 Am Eurepean Sec. 43%, 88% Am & For Power 9614 96 96% 961 Am & For Pw pf ¢6). 95% 95 95 108% 107 Am&Forn Pwr pf¢]) 107% 107% 107% . 22% 19% Am Hawallan S8 (3) 20%, 20% - 204" 39% 36 AmlceCo (t4)...., . 37487 BTy 41% 35% Am International (2)" 48 41% 401 40% 2% 2. AmLaF & Foamite.. 2% 2y 2% 99% Am Locomotive (8)., 100% 100 100% 114% 1121 Am Locopf (T).....s 1121 1124 1124 228 220 228 45% 4B 4B% 21% 2 66 131% 1 85 46 33 84% a4y 29% 26% 43% Bhen 219 210 Am Maeh & Fdy (7).. 48% 44 Am Metal (3). 1 % Am P 5 87% 77 Am Power & Lt ($1) 101% 100 Am Pow & Lt pf (6). 34% 304 Am Ra&Std San 1%. 182 1264 Am Rad &S S pt (7). 1 5y s PRsaSHeN ™ 35 a2 22% 26% 26% 267% 224% 2221 223% 224% 220 224y 225% 220% 2241% 129 129 129 110% 110% 110% 95 93 94 10% 10% 29% . 291 . 224% 197 Am Tobacco (B) 129 125 Am Type Fdry (8 111 108 ~Am Type Fdry pt 97% 28% Am Water Wks (n1) 11% 7% Am Woolen. . 344 19% Am Woolen oe... 6% 5 Am Writ Paper etfs. 43% 29% Am Writ Paper pf (3 17 8% AmZinoLd & Sm... 79% 69% Anaconda Copr (7).. 48 40, Anaconda W&C (3). 27% 24% Archer-Dan-M (2). 105 105 Archer-Dan pf (7)... 1 46% 35 ‘Ancher Cap (2.40).., 36% 31% Andes Coppér (3)., 81% 79% Armour Del pt (7). [ 5% Armour il (A)... 3% Armour 111 (B) ‘64 " 60% Armour 111 pt (7) 6% Arnold.Constable,.... 90 Artloom Pt (7). .,... 108 24% Art Metal Works (3) » 364 Asso Appl Ind (4). 28 Asso Dry G (3%) 38% Asso Oll (2). 10% 9% 3 3 60% 60 60% 60% 8 Ty 9% 95 95 95 2T 2714 27y ‘278 o ::* 39 ~3sy ) . 34%.: 33% 354 354 36w 35 28¢ 231 233 236 103% 108% 108% 108% 170 169 170 170 9 8 19% 8 104 104 103% 280 226 229 2281 30% 30% 30% s0% B 15 15 114 PR S 44 azn 5% 5% oW oW 32 824 32 a2y 116% 1124 114% 115 17% 116% 117 agk|, 00 W5 79n 6l ¢ S04 BaliwinLocel 1 3 (1.76). 2 Baldwin Loco pf (7). 30s Baltimore& dhlo (1) 47 Balto & Ohilo Bt (4)., Bang & Aroos!(3%).. Barnsdall, A (2).,.., B ‘oin a4 : eairice Ci . ? #&s ;:!fi a“ _1“5;. ST ny-Heminway., I Bl 5% bl 6% . !: 9%, l‘! 89% 38 Bendix Aviati 36 85 3y 57 108 100% 101% 100% 3 126% 1263 125% 126% 220 26 29 24y 26 26 25 504 0% B1% 6% 66 64l Bk 404 381 % 102% 92 thiehem Steel (6) 127 au2u Bethlehem 8t pt (7). Bloomingdale Bros, , Bloomingdale ctfs. .. 14% 2l 2% 1% 164 13 1% 63 Briggs&Stratton (2), British Empire Steel ::?etwnv MT.,... lyn-Manhat (4)., Brooklyn & Queens. yn&Queenspt (4) 143% 181 Bklyn Union Gas (6) -Col 20% 13% Bruns-Baik- 14 104 1ew = 204 204 . 20% 285 24% 23 364 364 6% 12 12% 36% 29 50% 40% 06% 112 8 Erie (1)...3 Bucyruscv pt (4%).. Budd (£ G) Mfg (1). Budd Wheel (1) Bullard Co (1.60)... Bulova Wateh (4). .. Burr Add Mch (80c). Bush Term (g3), 9 4 Term 108% 106% 1 1nz nz 3% 8% 4% 4% 4% 204 20% 20% 84% 854 ¥5% 10 110 110 69 69% 1% 1% 84 84 50 30% 21% 23% 0% 71 704 19745 199% 198 30 0w 31 224 26, 22% 240% 242 ° 240% 621y 62% 62 4 4% 4% Bush [32] Bush T Bldgpt (1) Butte Copper & Zin 4% Bulte & Superior 16% Butterick Co 95% ¥4 Byers (A M).. 114. 109 Byers (AM)pf (7).. 10s 110 66% - Calif Packing (4)... 1 Callahan Zine & L. .. 81% Caluinet & Aris (10). 29 Calumet&Hec(ad ). 19 Campbell Wyant (1) 63% Canada Dry G A (6). 201% 187% Canadian Fac (10). ., 31% 27 Cannon Mills (2.80)., E 1% Capital Adm (A). 249% 1924 Case (J 1) (6) Ca 8 62% 6 b4 Cavanagh-Dpf(63). 50s 741 1 28% 19 71 6 1991, 7 30% 3 2 7% 62 34% 30% Cent Allo; 110. 108 65% 59!y C 18% 13% 134 41% 421 48% 4% 214 2140 214% o 6T%H 6T 674 6% 6% 14n 156% 39% 9w 244 24% 42% 424 31 30 Ches & Ohlo (10).., 63% Chesapeake Corp (3 5% Chi& Alton pf..... 145 38% 24 42% 31 63% 53% 63% 118% 1184 118% 107% 107% 107% 2 28 27% 11 244 10 42y 26 321 1° 63% 2 118 1 107! 1 28 6214 Fpt 8% Cily Stores (1) 88 Clark Equipmel 1 84 Cluett Peabody (5).. 9 94 91% Cluett-Peabody pt(7) 80s 144% 133% Coca-Cola (4). 50 48% Coca-Cola A (3). 26% 14% Collins & Alkman 47% 36 Col Fuel & Iron ( 82% 70% Col Gas & Kl (2). 107 106% Col Gas & Elpf A 2 96% 86 ColGas&ELptB(5) -1 914 91% 91k 93% 313 24% Columb Graph (87¢). 100 28% 26 28% 26% 192% 1684 Columbian Carb (16) 24 194% 189 192 188 23% Com Credit (2) 25 30% 29% 30% 29% 31% Comm Credit A & 394 38% 38% . 304 764 Com Crd 1stpf (8%4) 10s 80% 0% 80% 80% 7% ComCristexwék. 208 80 80 30 22 ComCredpfB(2)...508 24 23 24 36% Coml Inv Tr (g1.60). 8 45% 3 141 29% 104% 104% 104% 106% 47% 123 Comwlith Power((4). 27% Comm Solvents (1).. 122 12% Comwith&Sou(80c). 854 13% Congoleum-Naira... 28 45 Congress Cgr (16%). 12 44 * Consol Cigar (7) 38 67 Con Cgr prpf x w8 100s 16% Consol Film (2)..... 10 18 Consol Film pf (2) 1 23% 28% 23% 23 96% Consol Gas N Y (4). 160 111% 107 111 107% 99 Consol Gas NY pf(5) .1 100% 100% 100% 100 1 Consol Textile. . 2 15 1% 3 6 % 5% 4% Container Corp B, 39 Contl Baking A b5 43% 43% 484 48% 13 5% 6% bW bW 5% Contl Baking B o % 8 2w Contl Dis uMW- 21%°Contl Oll of 158 174 B0 6 46 1y 564 2080 {E_EVENING STAR, WASHINGTON, D. C, NEW YORK STOCK EXCHANGE Direct to The Star Office. \ Prev. Add 00. High. Low. Close. Close, 7 31% 381 31 1% ~Prev. 1930. Stock and Tigh: Low. Dividend Rate. 33 27% Contl Shares (1). 5% 874 Corn Prod (13%): 24% Coty Ine (g2).... Cream of Wht(12%) Crosley Radio (1)... Crown Cork & Seal. , Crueible Steel (k). Cuba Cane Sugar..., Cuba Cane Sugar pf. Cuba Co. . Cuban-Amer Sugar. Cudahy Packing (4). Curtis Publishing (8) Curtis Publish pf(7). Curtiss Wright Corp, 73 Curt Wright CorpA. 8 Cutler-Hammer 2 Davison Chem. . Deere & Co pf (1) Delaware & Hud ( Del Lack & W (17). Detroit Edison (8).. Devoe & R, A (2.40).° 3 Diamond Match (8). 1608 Dome Min . 2 Dominion Drug Corp . Duplan 8ilk pf (8).. Dupond de Nem (4). Duquesne 1st pf (5). Estn Roll Mill(ht2). Eastman Kodak (18) Eaton Axle &8 (3). Eitington-Schlld, Eitingon pf (6%). 3 1008 86 100 254 193% 8% Emmerson-Brat A Endicott-John pf Bng Pub Serv (21) Eng Pub'8ve pf (5)., Eng Pub Sve pf (5%) Equitable Bldg (2%) Erie R R. Erie R R 2d pf (4) Exchange Buf (13).110s Fairbanks Co, .. Fairbanks Co pf. Fash Park Asso (3% Fed Water Ser A 2.40 Federated Dept Strs. Fid Pho Fire 1(3.60). Firestone T&R(1.80) Freeport. Texa: o Fuller pr pf (18.68).. 20s Gamewell Co (5). Gardner MOtOr...... 12 - Gen Amer Investors. 99%_ Gen Am Tnk Car(34) 49% Gen Asphalt (4) 26 Cabl 11% Gen Elec spee (60c) . 46% Gen'l Food Corpn (3) 64% Gen: Gas&EI A (te2). 50, General Mills (3).... 90 Gen Mills pf (6)..... 37% Gen Moto! 2% 121 - 117% Gen Mot - 37 32% Gen Publ! 19% GtNcttsOP (ady). 29% Grt West Sug (2.80). 121 Grigsby Grunow (2), 6% Gulf Mo & N pt (6).. 12% Hahn Dept Stores.., 113 1% Hahn Dept 8 pf(6%) e SO0 I S s O 131 128% Illinois Central (7).. 23% 21% Independ Oil & G (3) 9 5 Ind Motor Cyel 20% 17% Indian Refining. 19% 16 I Refining ct... 124 112 Indus Ray(bb%stk). 189 154% Ingersoll Rand (4).. 80 70% I 884 20% Interboro Rap Tram.. 274 26 Interlake Iron (1).., 7% 4% Intl Agricultural.... 166 < 152% Intl Bus'Mach (né).. 61% 56% Intl Cement (4). 8% 6 Int Combustiol 56 Inter Comb Eng pf. 92 . 78% Intl Harvester (234) 41% 141 Infl Harv pt (1)..... 35 31% Int Hydro E1A (e3). 76% 653 Intl Match pf (4).... 30% 25 Intl Mq arine (1).. 38% 31% Int Nickel of Can (1) 14%, 124 Intl Pap & Pwr C. .., 82 79% Intl Pap & Pwr pf(7) 50% 46% Intl Printing Ink (3) 77 69 IntSalt(6)... 117% 105 Intl Silver ({8)... 75% 62% Int Tel & Teleg ()., 334 30 Inter Dept St (2). 8% I 1 Manv pt (7)., 118% Jones & Laugh pf(7) 2 Jordan Motor Car... 12 - Karstadt (R) (1.02).. 18 Kaufmann)D S (1%) 3¢ Kayser Julius (4 21 Keith-Albee-Orph... 3% Kelly-Spring Tire. .. 20% Kelly Spring 8% pt.. *224 Kelsey Hayes (2). % Kelvinator Corpy 8214 Kendall Co pt (8). 55% Kennecott (5).. 49 Kimberly-Clark(t3). 20 Kinney G R (1)+,. 1% Kolster Radio. .} 814 Krai 1 2 144 26 45% 1 216 28% Kreuger&Toll ). % 42% Kroger Gr&Bak(nl). 211% 200 Laclede Gas (10) 104%° 97 Lambert Co (3). 6% Lee Rubber & Tire. . “34 ' Leh Port Cem (3%). 13% Lehigh Valley Coal. 70% Lehigh Valley (t4%4) 29% Lehn & Fink (3).... 19% Libbey Owens (1),.. 94 Liggett & Myers(15) 95%: Liggett&Myrs B(15) 138 | Liggett & My p£(7) 35% Lima Locomotive 39 LinkBelt (2.60),.... 52% Liquid Carbonie (4). 424 Loew's, Ing (3)... 85% Loew's, Ine pf (634). 3% Loft, IB': 1 36 13 73 1 33% 33% 19 27 24 2 103% 103 24 104% 103 1138 138 6 41 ) Co 8% Louisiana Ofl. .. 38% LouG 128 Louis 43% 32% Ludlu (Continued on Page 14.) appeared 5" | trading 1 7 e FRIDAY, JANUARY 31, 193, UPSWING IN STOCK PRICES IS RESUMED Market Forges Ahead After Early Selling in Steel and Store Issues. UNITED STATES. (Sales are in $1.000.) Sales. High. Low . 160 995 993 24 100 31 100 24 100 31 106 100 31 100 29 100 31 998 992 992 998 994 994 10812 10810 103 10 10616 1063 1063 11016 1101 1103 No Am Ed 535 62. Nor Ohfo PréL Nor States Pow §s. Pacific Gas & EI s, Pac T & T 18t Pac T & T bs 52 Pan Amer Pete 65, | Pan-Amer Pete 7s. Paramount Phila Co 5 BY STANLEY W. PRENOSIL, Associated Press Pinancial Editor. NEW YORK, January 31.—The stock market showed increased activity and stren; today, with the oils and pub- lic utilities in the forefront of the ad- vance. Profit-taking sales swept the market at intervals, but they were gen- erally well absorbed, the best prices of the day, as a rule, being recorded in the afternoon trading. heavy Tiquidation ¢ariiey I the week, eavy liquidation earlier } e week, £'%0" have ‘steadied. In today's . Further selling developed, however, in the wheat market, an early reaction of 2 cents a bushel carrying active futures to new low levels for the season. . ‘Reversing the - procedure of recent sessions, call money opened -at.4 per cent, the lowest. renewal rate since Jan- Qiary 27, 1926, and then.advanoed to 4%.. Bankers' acceptances were re- duced % of 1 per Cent for all ma- turities Time money and commercial paper rates held steady There was little in the day’s news to influence the-price movement. - Brad- street’s weekly review continued to characterize business as “fair to:quiet,” but sets forth that “taking the ‘month as a whole, industry has shown definite expansion and there is no question, but what employment was likewise expand- ed from the low levels of December, while, on the other hand, operations are not so active nor is buying so well advanced as a year ago.” The Stude- baker Corporation omitted the usual quarterly stock dividends of 1 per cent, but Allis Chalmers and Sears-Roebuck made public excellent sales statements, the latter for the first period of its new: 13-month calendar. +Ame; Machine . & Foundry was marked up 11 points, and R. H. Macy, Columbian Carbon, New York & Har- lem, J. I. Case and Westinghouse Elec- tric sold 5 to 7 points higher. Public utilities presented a long list of strong spots. Peoples Gas, American & Foreign Power and North American all advanced 5 points or more, while Brooklyn Union Gas, Columbia Gas, Standard Gas & Electric, Laclede Gas & International Telephone advanced 3 points or more. Heavy buying of Standard Ol of New | J, Jersey, ‘which crossed 65 for a gain of moré*than 2 polnts, started a brisk de- mand for the ols. e b Brre T Washington Stock Exchange SALES, Capital Traction 55—$500 at 925 W;gl‘nnmn Rwy. & Elec. pfd. Va. . B‘erge“k‘ozh!n? Tinotymers at 1063, o | Mergenthaler al Y, at 1083, 1'at 107. AFTER CALL. Capital Traction Co.—4 at 87. Mergenthaler Linotype—10 at 107, 20 {iQrient dev 614 68 at 107. Orient Dey'mt Potomac Electric 514 % ptd—5 at 107%. -papis. Ly-Med Bid and Asked Prices. R BONDS. PUBLIC UTILITY. Amer, Tel. & Telga. 4'2s '33 m!l;r'Tllv & Tel ";'xl 39 Anacostis g Pressed Stl Car §s.. Remington Ar 6s 32 Rem Rnd 6% war.. Richfield O1l 63 44. . Singlair Cru Sinolajr Ol1 Sinclair Of1 Sinclair Ofl 7a. Sin Pipe Line . High. Low. Close. 88% 88W 96% 96 96 6% 96% 9614 ‘Tenn ElecPowés 47 ‘Westn Union ‘Westn Union 6 Wick-Spen ov 7: Canada 5s 1953, Canada 6s 1931, Chile 6s 60. Chile 78'1943, ..., Colombia 6s Jan 61. Con Pow Japan ?s.. Copenhagen 4% 53, Copenhagen s ct. . Cuba 5%s.... Danish Munic Denmark 4%s. . Denmark 6% 55. Denmark 6s. . Dutch East I 6s 62, Youngstn S& T 100 | Atenison 91% | Atch debats 4 1001 | Atl & Dan 1st 45 43. 104% | B & 0 Gold ¢s.. 102 B:Oevl% ‘|B&O 107 | 880 92% gg“ Brdway & Tth Av b8 911 | Boston & Maine § 102 107 85% 98% 101 Bklyn Un EI 53 sta. |Buft R & Pitts 4% 98y, | Bush Term con bs, 93 | Can Nat 434884 95% | Can Nat 4148 67 103 | Canada Natl 6s. ba. . 8815 | CarClinch &O 6: 13 | Gar Clin &0.6% b! 99 1 CMSP&Pacadjss08 100% | Chi & NW gen 4 75 | Chi&NW conv 4% 73% | Chi & NW 634, 91% | Chi & N W 1 Ght Prf s, rh' Porto Alegre 3| U B - OEmNne & C& W 1con ‘Rhine Wst EP ! Rhine West 63 53.., ] T e Rhine Wst EP 7s 60 Rio de Janelro 638 Rio Gr do Sul 6s 48. Rio de Jan 85 1946 Rio Gr Do Sul Rome 6% s Sno Paulo 8 Sao Paulo 1950, Saxon (PW) 7 Seine 7s 42 S 8] Pgnisils s g Union 8%a §s |¥ DRG& Wat 578, East Tenn Va&Gal Krie Gen ¢ 2 96 - 98! 33 107% 107 15 78% 78 22 88 8% T 90% 90% 3 104 103% 13 104% 104 103 Fla East C 6874 % | Gr Trunk stab's Grand Trunk 78. v, Gt Nor 434876 D. Gt Nor 4% E 8ba% pi Yash: 'yl.l‘-lfu‘alr wash: Biid- &-Aones 8 5% 6% " 5% Yokohama 5.95% 95K 95% MISCELLANEOUS. | Alleghany CpBs44..24 99% 99% 99% ‘Alleghany 53 49.... -3 99% 994 99% Am Agri Chem T4s 8 103% 1034 103% A Chain (s83.... 5100 99% 100 AmChem 53¢sev 49 64 101 100% 100% AmIntCof 534849 23 94% 943 94 Am NatGas6%s42 1 TIN 7TI1% Ti% AmSmit & R1st6s 1 100% 100%+100% Am Sugar Ref 11 104 108% 1081 AmT&Tcv4%839 412 143 14244 1421 Am Tel&Teleg 55'651263100% 100% AmT&Tecl trbs.. 276 103% 1034 AmTet & Tel6%., 3 105% 106 . Am Water Wks bs.. Am Wrtg Pap 68 47. Armiour&Co 4% s 39 Armgur Del 5348, Associated Oil * | At Gulf 68 59. tic Refin 68, Bethlehm Stl pm 58 Beth Steel rf 58 Bethlehem Ste: Bklyn Edtson i Certn-Td 68 rets. Chile Copper 6s.... Col G&EI bs May 62 Colen O11 6s 38 Com Inve: w Hud & Man ref b 111 Cent ref 4s. 111 Cent Chi 4454, 111-C-C-StL&N Int Rapid Trai Int Rap Tr 6s stpd., 1uo‘n|l M e ond " National Bank of Washington.. TRUST COMPANY, American Security & Trust Co. Continental. Trust oA Elfi nal i o : Wash Toun’ o hrust SAVINGS BANK. Bethesda . & Saving: Int & G Nor 68 Int & G Nor 1s Int & G Noradj Int RysCA Int Rys C A 6% aret el Kan City S3s. 1| Lake Shove Bnurl!‘ Leh1 Val en 8 Beventh Street. United State: Washington FIRE. INSURANCE. American 3 76 6 10 100% 100% 5 101%. 101% 14 102 102 1105 108 1 104% 104% 5 57 57 95% 956 MiLElRy & L | Minn & StL ref ds..* Minn & StL en M St P&SSM en 48 & 62 62 12 106% 106% 1100 100 8 99% 99 7 102% 102% 6 106% 106% 9 94 98% 1 102% 102% 23 97 9614 3 8 85 7 100% 100% . 84 102% 102% 13 102% 102 105% 105 18 914 90% 3 100% 100 15 103% 108% .1 .8 98% 98 4 9M 91k 3 99 Mo Pac “ 102% [ NY'T & 3 1063 s 934 | N ¥ Cen 102% | N Y Cent 45 4 96%| NYCrf4 85 |N Y Cenrtb: 100%| N Y Cent deb 102% | N ¥ C &St L.deb 48 10;“* NYC&StL4%sC N Fisk Rub 8s. Gen Cable 5% Gen Mot Ac Cor Gen Stl Cast b Goodrich 64 8. Goodyear et Humble O & R bs. 11 Bell Tel 6. SHORT-TERM SECURITIES. (Reporied by J. & W. Seligma; Allls-Chalmers Co. s . &[ mer, Aum e 10 StL § 0% | N tL 6s A\, . 100% | N H 3 566 08% | N 98n | N Su|N (1) g Zaa E TS » z2 mi Mg Tel, itimore & Ohlo 4 Batavian' Fet, Corp. Nor & § gen 68 64, Norfolk & W en 4; Nor Pac 418 2027.. 10 104 104 8 89 10 100% 100% 100% | Nor Pac rf 6x 2 100% 100% 100% ! Ore Short L 5s gtd. 4 101% 1014 ol g 11018 101% 101% | benna & 1105 105 108 00 100 9414 | o " tck BR 7 100% 1 1033 | MeC'rmiel 4 1 10144 i Sugar 7% 18| Miavaio Ste 99% 100 | Montana Pow 4 100 100 50,....,. Pwdebbs. 17 98% 98% 98 |Port RL&P 45 9814 98% 981 | Reading genihs A .10 80 80 80 |RIATk&L 4% 5 104% 104% 104% | ger, 1MaS R&G 4 17 113K 1109 113% | eEd S Bl SRA s 9% SIL&S T 89 107 ' 106% 106% St L&SW 882, 1 3 99% 99K 90% BLLS W latdng.. (Reported by J. & Bate Maturity, Sles Mar. Seligman & Co.) w. (== = BONDS== s e W‘hfimwquh‘fl-m Sales. High. 28 3 S Y% | Tex Corp o 58 1944, 87 101% 'r‘r.nsqoml Oll6%s 17 99% 23 84% RAILROAD. . 9.105 Int Rapid Trans 7s. 3! A’ 5 106% 106 B0 TEU 6% T6% .28 90% 90 BN PREE GAI ON EASER CREDI Second-Grade Domestic and Foreign. Groups Score Ad- s vances—Prime List Firm. 94 B 884 BY F: H. RICHARDSON. 93% | special Dispatch to The Star. Sow| NEW YORK, January 31.—Notwith- 9714 | Standing the putting out of neazly 133% :gg». $80,000,000 of new issues today, bond 1 prices made some progress, chiefly be- 1013 10114 1014 L equse of' lower ‘momey rhtes,” Chnt 91% 91% 91% | money opened at 4 per cent and bank- 102 1017% 101% | ers’ acceptances - were easier, fore- oo 1oam | shadowing lower time moniey despite ‘96% '06% | month-end requirements, 42 42 The advances. were mostly in :the 1004 198 | second-grade domestic and foreign sec-' 100% 100% | tlons, prime issues being off ‘fraction- 99% - 99% | ally . with &- few exceptions. -United 931 93w | States Government bonds were slightly higher in quiet trading, International Telephone & - -Tele- graph Co. brought out $50,000,000 of 25-year 5 per cent at 96' This gives 8414 84% 100% 100% 98% 98% 87% V8T% 59% . 59% S o%la 525 yleld to maturity.. The bonds 8':’4- ‘gf"' were considered a good buy at that 1085‘ ms“ figure and were moved out rapidly. The 107 7y | 4748 of 1952, an ouf issue, de- 39& 2& clined fractionally to 2 points below its 100 100 | 1937 issue price. The new issue was :ftllz:l’y.m-:'du on'the Stock Exchange ue . Another new flotation was $15,000,000 Power & Light Corporation 5 per cents, due in 2030, and prices at 931. They were traded on curb ‘at the issue 100% 1004 100% 100% price also. were also &' number i m,{"fi"‘ bl er of smiall down ‘of . issue Low. 100 Close. 100% 100- 100 100 .. 100% 102% 102% 102 ° 102 102 102 1028 102% 104% 1041 99! 9% 967% CrAvasbene 7 99% 7 106 7 93% 16 100% 4 98% 27 100% 89 92% 184 185 59 .59 ‘92 2w 98% 98% 101% 101% 1013 101% 109 109% 100% 100% 861 *B6Y 36 36 96% 91 96% 86 85% 89 89 92% 92% 185. 4 59 0 San Prancisco Proposes to bring out to acquire the city properties of the Pacific Gas & Electric 0 cul dis) o a $41.000,000 issue of 415 p?:gn‘l’-s re('_;;ntl;. ) e formation of a.bondholder’s - teckive committee was umounml.%my Fox PUmS par cont ot S 5pders of cen! KR lue in April. These quoted as low as 50, the curreni betn, about 80, € <bids hatng - Boamamaen o 0 SoaStoarrey s g Hak the past few days, were. stronger toda; With the Tefusal of the State. securiics bureau to probe charges made - cis P. Garvan, president of the - ical 1013% 101% | Foundation, that the issu been 98w, | deceptively advertised and was for the 979 ‘z’.'.'r?mm"' assisting German manufac- 3 ;: S r:u co?lma with the American Some of the- present i 91| bonds is attributable ing by- insurance g by 93% .78y, | have been it 65% French , extremely active and at T2% new high levels, Nnn&hrln Argen. 88% | tine issues followed President. Irigoyen' reported intention - to ‘re-establish the 98% 108% 108% 108% | peso, and the announcement.that no are to be put out 100% 100% 100% | more loans - 39 fentine a$ present. m‘xa.. 88! strong, - . 108 108 98% ' 98% 9% 91% Bon mebie 3 gy. 89 .89 Were sympathetically 17921 7 98 9Tm - 9T% )grwz'/. 1024 J02% 85% 854 _8b% 3103 108 108 5 106% 106% 106% 43 98 9T% 98 1.69 69 369 , 9 92% 9214 92y, |SWeet potatoes, barrel 3 10244 1021 1023 | barrel, .2.00a3.00; -, 1, 98 93 32 4.00; hnl:-eu 3’ 964 96% 96% hamper, 50a 93% 93% g 88 88 :‘ - "af‘ ;;lu. 100 190 |5.00;" lettuce, ¢ 194 T9% | barrel, 1.26ai. 6 88 5 100 10 54 “'53% B4 .104% 105 <110 110 94% 9d% 6 108%./108% 108% 28 94% "93% 3% 5. 90: .90 90 10 95% " 965% 5 1024 1024 1024 32 67% 67 67 17 67% ' 66% 66% 90! 90 Cattle—Receipts, 600 head; - ply; market dull. g Steers—Choice to gflm , 5 good to °h°1méom'" o !.W’; :’:d.mm to good, 11. 12.50; fair 10.35 to 11.25; piain I:ulw 10.0"" common to o PR o wme 1 100% 100% 100% 1.9 9 90 13098 0% 9T 4 15%° 15% - 15% 39 39 39 |99 +88% 88% 884 94% 4% 94% 82 . 82 82+ 99% 99% 86 85% ‘85 1 1044 104% 104% 1100 99% 00% 17 4% Td% T4% 19 99% 99% 99% 30 97w 97 97 19 97% 96% 96% 18 110 109% 110 17102 <102 102 . 1.25; roughs, Hllia Ppigs, 10.40" to 10.80; Bheep arid lambs—Recelpts, 50 head: t supply; market Jg'll‘lg,l.hggp, 2,00 T 99% 99% 99y 2 9n 94% F :h 6 101% 101% 101% 3 10¢ 460604 60% StP & KCShL 4%s. 3 0% 0% St P Un'Dep . 28 2,23 2¥T8 1 :88% 1 644 (31 2 9% « 12 112% 1 104% . 30 89% 108% 108% 100% 100% | Un Pac 1st rf 97 97 97 5 103 102% 108 2 100K 100% -100! 98% 98% | whash 434878 rets 45 80% 98, 98 |wana ) 96% [ waba ‘n, 96%% - 88% 9 West Pacifl 8 %" WiksBem 89% .89% 1 101% 101% 1013 l‘l“ 4 100, 100 100 b B8 | ekt ‘g o e