Evening Star Newspaper, November 10, 1930, Page 14

et C. FINANCIAL. MONDAY, NOVEMBER 10, 1480. THE EVENING STAR, WASHINGTON, D. NEW YORK STOCK EXCHANGE | [BONDS ARE LONER | [ woux BONDS moecsscunes] [BUSINSS QUTLOOK, Direct to The Star Office. - Y BNKERS HEF Retuning Confidence Among American Business Men. 33 44% 86 31w 22% 86 58% 101 Special Dispatch to The Star. 821 NEW YORK, November 10.—Though all business is still considerably cur- talled, confidence is beginning to reas- " gert itself and “no other one element 43 6614 148% 123% 5% change " ment is marked by extreme caution R. C. Stepnenson. in check until they are strong enough to sup- " port a sustained forward movement will add to its permanency,” Mr. stephen- son'’s statement continues. - “There are really only two questions for answer at this time. In correct replies to them are em- * bodied all the Guidance that is needed. They al “Is business starting its up- ward climb?’ and ‘When will it become * mormal again Chart Test. The first one now permits an affirms _ tive answer. It is supported by numer- " ous hopeful signs. One of the several testing devices is a chart showing the lmfl-h and the curves of preceding re- ‘We know thu%:‘ e-rl'z as ll'l‘:;: ear business began ex| :flm of tiredness and. inability to maintain its quickened pace. This dfd ‘ mot become alarming, though, until sbout three months later, when, as - . though the entire Nation had with one 26“ sccord decided to take fright, the drop | 1 became precipitous. Reckonlngh ev‘/len fg% ! from the latter advanced date the de- | ;o 138t 44% 39% pression has run 14 months, which is hlr average life for its ilk. So if ient is adhered to and it is estab- m ‘well enough to merit some degree we can look t&rw:hrd wn]h tification e early mm"‘ of reaction which has ‘been more serious perhaps than gen- q"h’m mme-m though, and carry- ter assurance, are the several evidences of ' improvement. Foremost among those which may be . depended to aid in the upturn, e hich have done so at the end of each other ression, are the reduced ; m d'FWI.'flle distribution has , been much beiow normal, production even a more serious slump, f this [mt m.\on have 159% 15% 52% 59% 66% 108% 9814 llfl% 5 are increasing | 49% output considerably, while many others which have not reached the point i v of improvement have at least arrested the decline. as_prosperity Jowed ’:l.c'h mller depresslon it will =come into control again after this one, - and these several evidences, and many In '.he Federal reserve system, en and with powers even stre: by the economic re- mu.nmmt. business and industry and and every form of endeavor llnn a puissant and a sympathetic ally .=-an institution which has adjusted its facilities to give the maximum of as- sistance in just such a time as this. un: use of the credit avail- able should demonstrate its sufficiency to meet every proper need encountered on the road to recovery. These ele- ments must be accorded a high place in the list of encouraging factors, for their significance hardly can be overvalued.” ®pecial Dispatch to The Star, BALTIMORE, Md., November 10.— Potatoes, white, 100 pounds, 1.50a2.00; ; 1.50a2.25; yams, barrel. 2.50a3.00° beans, bushel, 2.00a 2.50: beets, 100, 3.00a4.00; cabbage, ton, 12.00a18.00; carrots, 100, 2.50a4.00; cauli- | flower, crate, 2.75a3.00; celery, crate, 1.00a1.75; eggplant, crate, ] Jettuce, crate, 50a1.25: peppers. hamper, | 25a50; spinach, bushel, 65a1.10; toma- | toes, hamper, 75a1.50; turnips, bushe!, | 90a1.20; apples, bushel, 65al1.7 h.loupu crate, 1.50a2.00; grapes, basket, ' 18a22; pears, bushel, 1.25a2.00; quinces, bushel, 1.25a1.50. Pairy Market. Poultry, alive—Turkeys, chickens, 1 7.1' 3 pound, 25a Springers, ' 19a22; Leg- barebacks, 12a15; old !2!4 387 60% 19% T4 107 178 28% 64 6% % . '13a18; guinea fowls, each, ; pigeons, pair, 20. 1,235 cases, nearby firsts, 40242; hennery, white, firsts, 48; Southern, firsts, 36a38; current, re- m 36a38. Butter—Good to fancy creamery, . 36a42; ladles. 28a30; rolls, 28a ; process, 32a34; store packed, 19a20. Hay and Grain, ‘Wheat—No. 2 red Winter, export, 773%; No. 2 red Winter. garlicky, spot, 'fl%. November, 77%: Deccmber, 78%. Corn—No. 2 domestic, yellow, old, 90ad1; cob corn, nelsrs{'li. ny&—rlurby. 60al ts—White, No. 2, new, 41; lhy-—Reeeipu. none. General hay market strengthening. Drought has seriously curtalled nearby crops, chang- the entire situatoin. Sections here- now for of- fers al-h’h?;n‘m"e clo ..nl:fnd mdo from 24.00 wn.uo- .00a No. 3. 8% stra u.u; oat straw, No, l pu- ' TREASURY CERTIFICATES. By 3. & W. Sellgman & O e (Continued From Page 13.) Stock and Dividend Rate. mn High. Intl Hydro El A (e2) 14 24% Intl Mateh pf (4).... 23 62% 16% Intl Mer Marine (2). 5 16% 16% Intl Nick of Can (1). 271 18% 40 Intl Paper pf (7). .. 208 40 8 IntiPaper&PwrA.. 5 84% 5% Intl Pap & Pow (B).. 3 6 740 IntlPap &P of (T) 40 16% Intl Printg Ink (23%) 14 74% Int Print Ink pf (6).. B 7 10 Intl Rys Cent Ame m; 36 & Tel 17% Inter Dept Strs (2).. 20% IntertypeCorp (2)... 5% Investors Equity (2) 25 1Island Cr Coal (4)... 38 Jewel Tea (14)...... 63% Johns-Manville (3).. 26 64% 118% Jones&Laugh pf (7).100s l"D % Jordan Motor Car... 1 44% Kans City Sou (5)... 1 64 Kans City Sou pt (4) 2 16 Kaufmann DS (1%) 1 Kayser Julius (2%). 7 Keith-Alb-Or pf (7). 1 1% Kelly-Spring Tire... 3 11 Kelly-Spring 8% of. loo- 19% Kelsey Hayes (2). 74 Kelvinator Corp 35 Kend Co pf ¢16.37) 24% Kennecott Copper(2) 226 42 Kimberly-Clark (t3) 8 19% Kinney (GR) (1) 66 Kinney (GR) pf ( Kolster Radlo. .. (S8) Co 1.1 (88) pf (7) 421 Kresge Dept St pf. 43% Kress (SH) Co (p1). 23% Kreug & Toll (1.60). 20% Krog Gr & Bak (nl).. 76% Lambert Co (3) 3% [Lee Rubber & T 99 Leh Port Cem pf 744 Lehigh Valley Coal. . 2215 Leh Val Coal pf (3).. 41% Lehigh Val (t41) 58% Lehman Corp (2) 21 Lehn & Fink (3). 10% Libbey O Ford Gl 831 Liggett & Myer (15). 83% Lig & Myers B (15) Long Bell Lumb (A). 504 Loose-Wiles (12.90). 118% Loose-Wiles 1st (7). 10% Lorillard (P) Co. 4% Loulsiana Ofl. . 29% Lou G & B (A) uq() 106 Louls & Nash () 12% Ludlum Steel..... 23 Mac And & F (12.85), 33% McCall Corp (2%)... 44 McCrory (B) (2). 30 McGraw-Hill (2) 61 McKeespt T P(153%) 10% McKesson & Rob (1) 25% McKes & R pf (3%). 10 McLellan Store: 41 102% Macy & Co (nt3 6 Madison Sq Gar ( 20 Magma Cepper (3).. 31 Mallison & Co 11% Manati Sugar p! 7 Mandel Brothers. . . 24 Man Elev mod g (45) 461 Manhat Elev gtd (7). 9 Manhat Shirt (1) 2 Maracaibo Ofl Exp. 24 Marine M1d (1.20)... % Market St Ry. 24% Marlin-Rock (15%). 5% Marmon Motor Car., 33% Marshall Fleld (234) 3 M Parry 32% Mathieson Alkall (2) 33% May Dept Strs (n2).. 6% Maytag Co (1). 17% Maytag Co pf (3) 26% Melville Shoe (2) 7 Mengel Co (2). 70 Mengel Co pf (7) 11% Mexican Seaboard. 8 Miami Copper. .. 41% Michigan Stl (h2%). 17 Mid-Cont Pet (2).... 108 121 89 11% 17 Midland Steel (3) 77 Midland Steel pf (8 50 M StP & SSM Isd (4) . 200- 21% Mo Kan & Tex (3)... 14 70 Mo Kan & Tex pf (7) #7 Missouri Pacific..... 100 Missouri Pac pf (5).. 13 Mohawk Carpet ... 23 Monsanto Ch (g1%). 16% Montgomery Ward 1 Moon Motors. 48% Morrell & Co (4.40) % Mother Lode (20c). . 1% Motor Meter G & El.. 264 Motor Products (2 15% Motor Wheel (3). 7 Mullins Mfg. 9% Murray (B)(2% 34 Myer (FE) & Br (2). 24% Nash Motors (4).. 90 Nash Chat& St L (I)IZOI Nat Acme (1%)... a 28% Nat Cash Reg A (14) 40 Nat Dairy (12). 30 Nat Pow & Lt (1) 43 Nat Steel (2). Nat Supply (5). 106 Nat Supply pf (7) 60% Nat Surety (5). 15% Nat] Tea (1). 24% Neisner Bros (1.60).. 9% Nevada Copper (1) 16 Newton Steel. 34 N Y Alrbrake (3.60). 128% N Y Central (8) 841 NYChi &St L (6). 25 N Y Dock 4% NY 145 | 165 79% | 114% | 5% N Y Ont & Western. 6 1 N YRallwayspt. 100 N Y Steam pt(6). 415 Norfolk & Southern. Norfolk&West (112) Norf & West pf (4) 5% North Am Aviation 66 Nor Am (b10%stk) 51 North Amer of (3), 652 % Norwalk Tire & Rub. 18% Ohlo O11 Co (2).. 5 Oliver Farm Equip 27 OQUvFEGDLA(6)... 7% Oliver Farm Eq cv m 2% Omaibus Corp. . . 1 281 Oppenhetm Col (3).. 1 € QrpheumClrpt (8).. 108 49% Otis Elev n (2%) 118% Otis Elev pf (6) 13% Otis Steel (234) . 364 Owens 11l Glass (3). 10 Pacific Coast 2d pf. 46% Pacific Gas & EI (2). 57 Pacific Lighting (3). 9 125% Pacific Tel & Tel (7) 2408 125 % 7% Packard Motor (60c) 72 8 45% Pan-Am Petroleum.. 1 44 45 Pan-Am Petrol (B) 3 441 43% Param'nt Publix (4). 139 45% 81 Park & Tilford : 8% 1% Park Utah. 4% Parmeles Tran (G.e) 2% Pathe Exchange. ..., 5 Pathe Exchange (A) ™% Patino Mines. . Peerless Motor Gar.. 25‘4 Penick&Ford (11%). 107 Penick & Ford pf (7) 35% Penney (4 C) (3) . 93%; Penney (JC) pf A (6) 31; Penn Dixie Cement. . 254 Penn Dixie Cem pf “59% Penna R R (4 Peo T0% 52 150. 127% 111% 340 97y 3% 26 56% 195% Phel 60% EbilaCo 8% u u) . fia Read C & L. e l‘nmn Morris&Co(1 185 Phillion Petrol (nd) | 9 Phoenix Hoslery. ... Plerce-Arrow A (2). ce-Arrow pf (6) % 1'lerce Ofl 14% Pierce Ofl p! 24 Pl!mhlmlm(loe). 27 Pilisbury Flour (2).. Sales— Dividend Rate. Add 00. lll’h. Pirelll italy (a3.14). 9 Pitts Screw (1.40). Pitts Steel pf (7). Pittsburgh Unit Corg Poor & Co (B) (2)... PRAmMTob A (3%), PRAm Tob (B).... Postal Tel & C pt (7) Prairie O1l & Gas (2) Prairie Pipe L (15).. Prod & Refiners. 4 PubSvNJ (3.40) Pub Sv N J pf (5) Pub Sv N J pf (6) PubSvNJ pf (8).... Pub SvE & G pf (6). Pullman Corp (4). Punta AlegreSugar PureOll..... Pure Ol1 pt (8). Purity Baker! Radio Corp . 4 Radio pf A (3%). Radio Corp (B) (5) Radlo- : Raybestos Man 2 60. 20 Reading Rwy (4).... 23 Reading 1stpt (2)... 1 Reading 24 pf (2) 4 4 Real S{lk (5)....0000 8 Rem Rand (1.60).... 24 Rem-Rand 1st pf (7). 1 Reo Motor Car (80c). 9 Republic Steel. ... 16 Republic Steel pf (6) 3 Revere Copper & Br. 1 Reynolds Metals (2). 13 Reynolds Spring. 4 Reynolds Tob A (3). 208 Reynolds Tob B (3).. 46 Richfield Ofl (new).. 21 Rio Grande Ofl. ... 19 Ritter Dent Mf (f Rossia [nsur (2.20).. % Royal Dutch a3.2165. Rutland pf. Safeway Stores (5). Safeway pt (6). St Joseph Lead (13). St L-San Fran (8). St L-San Fran pf (6) St L Southwestern 4 Savage Arms (2). Schulte Retall Strs. . Seaboard Afr Line. Seab'd Alr Line nf. i Sears Roehuck $2% Second Natl Inv Sec Nat Inv pf ( Segrave (1.20) Seneca Copper Servel Inc. . Sharon Steel Hoop. . Snarp & Dohme. Sharp & Do pf (3%4). Shattuck(FG)(+1%) 34 Shell Trans (a2.423). 30s Shell Union Ofl..... Shell Un Ofl pf (5%) Shuhert Theaters. Simmong Co Simms Petroleum Sinclair Con Ofl 2). Sinclair Oil pf (8) Skelly O1l (2). Skelly Ol pf ¢ Sloss Shefeld Steel. Sloss-Sheft pf (7).... 4 Solvay Am pr ww 5% Sou P Rlc Sug (1.40) 2 Southern Cal Ed (2). Southern Dair A 11, Sou Dairies (B)..... Southern Pacifie (6). 1 Southern Rwy (8). 1 Southern Rwy pf (5) Spalding (A G) (2).. 4 Sparks Withing (1) Spencer Kellog (80c: Splcer Mfg. . Splegel-May-Stern. Stand Brands (1%) Stand Comm Tob, Stand G& E (3%4) Stand G & E pf (4).. 4 Stand G & El pt (6) Stand Invest Corp Stand Oil,Cali(h2%). Stand Ol Exp pf (5). % Stand Oll of Kan (2) Stand Oll of N J (12) Stand OII N Y (1.60). Starrett (L $)(1214) Sterling Sec (A) Sterl Sec pf (1.20) Sterl Sec cv pf (3) Webster (4). Studebaker Corp (3). Studebaker Co pt (7) 50s Sun O11 (11) 9 Superheater (13%) Superior Oil Superior Steel Sweets of Amer (1), Symington (A)...... Telautograph (11.40) Tenn Cop & Ch (1)... & Pacific (5). 1 Thatcher Mfg (1.60). Thatcher pf (3.60)..., The Fair (2.40). Thermold Co ‘Thompson (J R) (3). Thompson Pr (2.40).. Thomp-Star pf (3% ) Tide Water As (60c) Tide Water As pf (6) Timken Det Ax (80¢c) Timken Roller (3)... Tobacco Products Tob Prod (A) (80c) Transamerica (1) Transue &W (1) Tri-Cont Corp. . Tri-Cont Corp pf (6). ‘T'rico Prod (2%) .. Truscon Stl (g1.20)., & TwinCity RTr (§4). 2 Twin City RT pf (7) 10s Ulen & Co (1.60) ... o Und-Eil-Fischer (8). 3 Und-Ell-Fisch pf (7) 1008 Union Carbide (2.60) 296 Union O1, Calif ($2). 19 union Pacific (10)... 14 Union Pacific pf (4). 2 Un Tank Car (1.60).. 12 Utd Aircraft. . Utd Afreraft pf (3). Utd Biscuit (1 60) Utd Carbon (2). Utd Cigar Stor: % Utd Corp (50c). Utd Corp pf (3). Utd Dyewood pf (7). Utd Electiic Coal. Utd Fruit (4). Utd Gas & Im Utd Gas & Im pf (5). Utd It Dye W (2) Utd Stores (A)....., Utd Stores pt (234).. U S Distributing. .., U 8 & For Secur..... U S & For Sec pf (6). U S Freight (3). 4 US Hoftman. U S Ind Alcobol (17) S Leath pr pf (1).. Ploe & F (2). Realty&lmp(3). U S Tobacco (‘) Univ Pic 1st pf (8). Univ Pipe & Rad Uniy Leaf T pf ( 1 Util Pow & Lt A (e2) Va Iron Coal & C pf. Vulean Det (4)..... Wabash pf (A) (5).. Waldorf Systm (1%) Walworth Co (2). Ward Baking (A)... Ward Baking (B) . Ward Bakingof (7). Warner Bros Plet. .. Warner Quinlan. ... Warren Bros (3).. 4 Warren Fdy & P (2). Webster Eisenlohr. . Wess Oil & Snow (2) West Penn El pf (6). 2908 20 8 (Continued on Page 15.) 34 504 104 17% 501% 250 20% 4 % 3014 15% 30% 16% 431 ON STOCK DECLINE| -z TATES. um High 114 10113 10 102 22 Drop in Equities Reflected in Liquidation of Senior Securities. BY F. H. RICHARDSON. Speclal Dispatch to The Star. NEW YORK, November 10.—After a firm opening, bond prices turned down- ward again today, most of the list slip- ping into new low ground for the year. This was traceable to no other influence than the stock market. With every other factor favorable, each sag of stocks to new™low levels uncovers more margin calling, resulting into heavy cashing of bonds to proo up crumbling equity accounts. Naturally, no class of bonds held in the portfolic of American investors is exempt from this type of liquidation. In Germany there has been no :hange in the situation, except possibly a further degree of return of confi- dence, yet German issues were sold today because of the action of stocks. Similarly, South American republics are-slowly consolidating their economic position under new governments and their bonds should continue their re- covery. But forced selling sent these issues lower today. Junior domestic securities have long ago discounted the most drastic possible drops in earnings but the slide in stocks pushed them to yet lower levels. High-grade issues were similarly af- fected, though to a lesser extent. ‘The firmness of stocks at the opening was immediately reflected by strength in bonds, leaving no doubt that when the upturn in equities does come, the response of the bond list will be prompt and emphatic. In the later selling seasoned invest- ment favorities such as New York Cen- tral 4s, Frisco A 4s, Union Pacific first 4s, Chesapeake Corporation 5s, Nickel Plate 4!)s, Inland Steel 4';s, Standard Oil of New Jersey 5s, Columbia Gas 5s, Utah Power & Light 5s and Interna- Telephone 55 all sagged. United States Government securitics were moderately active and firm, re- sponding to the Treasury offering of 8125000000 of 91-day discount bills. These are expected to be sold at a record low price and there was some switching into long-term issues as a result. Convertible bonds were weak, with drops in Alleghany 5s, Baltimore & Ohio 1 & Northwestern 4%s, American Telephone 41;s, Texas Corporation 5s and Gen- eral Theaters Equipment 6s. Argentine 68 A Argentine 6s B Bolivia 85 ‘45 Bordeaux Brazil 6343 Lolombll s Jan Con Pow Japan Cuyeunag bs 52. Cubu 634845 Czecho 35 '61, Dan Mun 83 A Dan Mun 8s 8 Denmark 43§ Deamark 6s 42 Duteh Kagl 1 L El Salvador 8 Fiat 78 war., Fial7s ex war Finland 6% 58, Finlanc 7s 60 Fram 1 D73 krench 1s 4y German 6148 ‘50, Greek 6363 Hungary 7348 '44 laly (s 51, Japanese 45 31 Washington Stock Exchange SALES. ‘Washington Gas 6s “A"—$1,000 at 103, $1000 at 10255. Washington Loan & Trust Co.—10 at 450. Lanston Monotype—10 at 100, 10 at 109, 10 at 109, 10 at 100, 10 at 100, 10 at 100, 10 at 100, 10 at 100, 10 at 100, 10 at 100. Mergenthaler Linotype—10 at 893;. The Carpel Corp.—5 at 224, 50 at 21%. AFTER CALL. Capital Traction Co.—10 at 50, 5 at 50, 2 at 50. 65 “A"—$4,000 at Washington Gas 102'%, 200 at 103. Potomac Electric 67 pfd —4 at 110'5. Washington Gas 6s “B"—8$100 at 105! Federal-American com.—25 at 30, 30 at 30. Mergenthaler Linotype—5 at 90. Capital Traction Co.—2 at 50. UNLISTED DEPARTMENT. Chapin Sacks 8% pfd.—30 at 103%. Bid and Asked Prices. BONDS. BUBLIC UTILITY. Amer. Tel. & Telga. 4'z8 13 Milan 6%8 52, Nord 648 b0 Norway bs ' Norway 548 Norway 6s ‘43 Orlent dev 538 Farts-Ly M Prague 7%s ‘52 Queenlany 6s 47 Rhine West 63 '6; Rhine West 7s 5 Klo de Jan Rio de Jan R Gr De Sul Rome Sao Faulo 83 60. Saxon 7a ‘45 Selne 78 '42 Serbs-Cr 81 Serbs-Cr-s1 Soissons 6s Sw & P. Tel. . c-mm Traction K, R. 5 City & Suburban 5s. Georgetown. Gas 1st 5. Potomac Elec. cons. 5° Potomac Elec. 63 1953. Alex & Mt Vernan otf Wash.. Balto. & Al 5 5% Swiss (.on(td Toho EI Pow Tokio bs Tokio 6% Utd King 5!4 Wash. Rwy. & Elec. 4s... 4 stcuunlous. Barber & Ross. Ine. 6%a: § Gheyy Chase Club 8ias Paper Mfs. Cold Storage ‘3..101.0 Wash: Cons. Ticie 66. 0. STOCKS. PUBLIC UTILITY. Amer. Tel & Tel 0) .. v ¢ o % SRR aas et Sor (18 | 5. Warsaw 7s ‘58, Yokohama 6s Ajax Rubber Allegheny bs ‘44. | Alleshany 6s Allis-Chalm 5. Am Ag Ch 7%, Am Beet Sug. Am Cl Am Cot O db 5s Wash. Rwy. & E NATIONAL BANK. ftal (16)........% s Gofumbta. 13y . Commercial ‘(stamped)” (10) Am1GChbi Am Int Cor § Am Metal 6% Am N Gas 61 Am S&R 151 5 Am Sug Ref Am T&Tc 9 Washington (13).." TRUST COMPANY. Amer. Security & Trust Co. (15) Continental Trust (6) Bihos Merchants' Bank & Trusi (6) Natlonal Savines & Trust (121) G Bank & Trust.. ; ) Washington Loan & Trust (i4) SAVINGS BANKS. Bank of Bethesda (6§) it Ass0 Oll 68 '35. o | AtGulf 598 5. . Washington Mechanics' (201 FIRE INSURANCE. American (12). Corcoran (10). Firemen's (8) % National Union (15) TITLE INSURANCE. Columbia (6b) Real Estate (6h) Title & Inv. | Beth St rt 5, | Beth St pm ‘| Bk Ed gn A bs Bush T Bldg s Cert-td deb 6 %8 Colon Oil 63 '38. mscuunsous. Barber & Ross, Iuc., com.... Chevy Chase Dairy pm iy Col. Medical Bids. Con ol Sand & Gravel pld. (1) D. Mis. ptd, Com Invest 6s ConG N Y 5% C Am Sug col Fed-Am Co pfd . Lanston Monotype (8) Mer. Tr. 0 Donner St 7s 42 Duquesne 43 East C Sug 7% RN 'rnr \Carpel Corp. (1. Mech, Mige, com. (3} Wash: M Woodward & Lot *Ex dividend. B Books closed. nase extra. £30c extra §17 extr el’a% exth Corp. | % rop ptd. (1) Humble 011 53 5% extra. CRUDE PETBOLEU]( PBICES NEW, YORK, November 10 (#).—The average price of crude petroleum at 10 producing felds was lower last week at | $1.245 a barrel, compared with $1.275 in the preceding week, Oil, Paint and Drug Reporter says. The average for the corresponding period last year was $1.652. Gasoline refined last week at 5.01 cents a gallon at four principal refineries. POTATO lumr CHICAGO, November 10 (#) (United States ment of Agriculture) . — Potatoes 179; on track 476; total United States shipments Saturday, 852; Sun- day. 37; steady; trading fair; sacked, per hundredweight, Wisconsin round whites, 1.55-1.80; M -North Da- Int Cement Int Hydro El 6s int Match bs 47 In1 Pap 65 A '47 Int Pap 6s 66. Int T & T 4%s°62. It T&T Lortllard 7 . 1, 180~ Lou G & E16s53. 2. -50-1.55; Colorado brown muuu and mw- 1.90-3.00, | Urient dev 65 '63. Queenland 7s 41. Rhinelbe 75 *46 ww Khine West 65 ‘5z. R Gr De Sulss 46 Lor!ll-rd 6% 37, Ltaly Pub Sv 7853, ANew So Wales ‘57, Gen Motors 6s '37. Gen PSv 6%s'39.. Gen St Cas 533549 20 Gen Thea Eq 63 *40 120 Good 1st 6% 47.. Goody'r Rub 63 ‘57. 7 InM M col tr 63 41 Copenhag 4 448 ‘63, Duteh tast 1 68 63, 1. Am F P 518 2030. . | Bell Tel Pa 68 B 48 43 Chile Cop db bs 47, Col G&E bs May '63 Com Invest 538 49 8. CC Md 1st rf 63 ‘50 Consum Pow 58 62. 1 Hum O&K 638 '62. Kan C P&L 68 A 62 Kan Gas&E 4148 '8 Man S 1st T%8 ‘l.. rmack 4 CET P Eoa -~k German Bunk 6s ‘38 $ German 7s rep 'u uu Japanese 558 65.. Japanese 6igs ‘B4 ! Julull Bank 78 '57, KODx e UND NAw~o 65 2 Am T&Tc 1r b3 46, Am T&T bss 160, Am T&T 6%s 43.. 105% 831e 1025 8 65% 96 MISCELLANEOUS. AbItIbI P& P 68783 12 172 Adams Exp 48 '48 i 106 9 15 5 5 5 Int T&ET cv 445 l. 2 [ 1 CIDS 4 23 ¢ 100w 100 xm 108 102% 105% 1013 8 105% 104‘4 lOfi‘/a lol Midvale Steel 58’ C Mont Pow b8 "43. Mor & Co 18t 4% s, Nat ba‘arry B3 w48, 198 - EL TS =R T Reay Phil Pet 6% Por R Tam Pos Tel & C Pub Sv G 4% Pub Sv G ¢%s *7 Pun Aleg Sug 1- 37 Rem Arms 7. Rem R'd 6%s A “1 Richfi'd O cal 63 "44 Sinel O 6% s B '3 Sincl O Tecv A Sincl Cr 0 6% Sug Ks Or 7s 42 Tenn EI P 63 A 47, Tex Corp ov 5s 44 137 Utd Drug cv 6s ‘53 U S Rublst 5347, Utah P& L 5844 Walworth Warner Sug 7 West £l deb 6 West Un Tel 5 West Un T 614 WEOS5% Wil-Ov 18t 61 Wil &Co Ist 6341, YouSt& T 6s'78.. 31 lfll\fi lol l\)lh 03% 103% 103% 8% 108% 108 9% 98% 108% 108% 105 105 114% 114% 9,8 9 084 1084 101% 101% 106 106% M1 110% 1024 102% 1041 108% 1047 104% 103% 103 106 105% 102% 102% 102% 102% 9y 9 49 47 103% 103% 103% 1004 991 S99% Badniis i PO Boma 9 9 102% 101% 101% 101% 101% 101% 20% 2014 20% 72 101% 101% 101% 102% 1024 102'% 1015 101% 101% 100% 100% 100% 90% 89% 89% 983, 984 984 104% 104% 104% 105'% 105% 106% :04‘« 103% 103% 1 11 106 101 100% 100% 9% 9TH 70 70 101 101% 8214 821 T4 Tl 52 52 104 104 1045 104% 104% 10815 10315 103% 108% 108% 108% 10215 1021 10214 100% 99 99% 12 98% 98 98K 7103 102% 102% RAILROAD. Atchison ad) 45 '95. Atchison gen 48 *95 Atch'on cv 4%s'41 At & Danv ¢ Ban & Aroos 4s Bos & Me bs Brooklyn Elec BR& Pitt 4%s '57. Can Nat 4%s'54. .. Can Nat 4 Can Nat 68 Oot 69, ‘an Nor 6% s db’46 an Pactfic db Can Pac 4%s 46 Can Pacific 4% 5'60 Can Pac 6s ctfs ‘44, Can Pacific 5s '54. Car Clin & O 5 Car Clin & O 6s°52. Cent of Ga 58 C '69. Cent Pacific 4s 49, Cent Pacific 53 60 i 15 (l) t 68 *74. QrTrsfdbes « Gr Nor 4%8 '17 (E) Gr Nor 5373 Gr Ner gen 7s Hav El Ry 5% Hud & M 3d] bs '57 Hud & M rf 58 '57. 111 Cent 4s ' 111 Cent 58 '55. 111 Cent 635 '36. .. 111 CCStL&N 6s A. Int Rap Tr 65 '66. Int Rap Tr sta 6%, Int Rap Tr 68 '32. Int Rap Tr 7s 32.. Int &G N ad Int Rys C A 5 Kan CFtS&M 4 Kan City Sou 35'50 Kan City Sou 68 '50 Kan City Ter 45'60 Lake Shore 48 '31.. Leh Valcv 48 2003, Leh V ev 4%s 2003 Long Isl rf 4 Long 1sl db 5: Long 1si db 58 '37.. L & N uni 4s ‘4 L&Nistrf6%s.. L& Nbs B 2003... Manh Ry 1st 48 ‘90, ket St 7840, . . MER&L4%8'31. Mil E Ry & L bs '61 M StP&SSM con 43 M StP&SSM 68 gid MStP&SSM 5% 8’78 19 9¢ 93 93 33 9T% 9TW 97U 58 lé@'i 117VA ll'l% 96% 95 95 s 101% 101% 101% 139 95 941 94% 2 104% 104% 104% 11 102'% 101% 101% 25 101% 101 101% 8 lgs-y 108% 108% 10 103% 108 22 91% 91w 2% 92 95V| 994 99 105 26 101% 101% 101% 26 1054 105 105 39 1054 104% 105% 12 118 118 118 34 89 8TH 88w 13 101% 101% 101% 20 98% 981 981 6 103% 103 103 6 103% 103% 108% 2 102% 102% 102% 1105 108 108 897 961 961 2 95% 95% 95% 3 103% 103% 103% 56 99% 981, 981 2 102% 1025 1025 7 1004 100% 100t 4 100% 1004 100t 13 101 1074 1074 46% ln 68% 96 85 L 104% 104% 104% 4 115% 115% 115% 89% 894 89 2 105% 105% 105% 59 100% 100 100 14 102% 101% 101% 10 101% 101% 101% 8102 " 102 102 6105 105 105 18 96% 961 | 964 9 991 991 991, 3 66 65 65 1 40 40 40 ¢ 14 9T% 9TH 97K 3101 101 6 T8 98 106 79 15 834 82 15 827 Sln 81% 10 112 112 112 4 36% 35% 354 8 107 106% 107 8 111% 111% 111% 1 97% 97y 974 14 97% 97, 97 2 108% 108% 108% 3 111 111 111 38 38y 6% 99% 99% 884 5414 2% 9% 9% 1 99% 99% 12 93 1 100% 100% 100% 38 9ln 90K 9O% 1 100% 100% 100% 2 94% 94u 94 1 100% 100% 100% 7 101 100% 100% 12 96% 96% Y6% 21 105% 1054 105% 1 103% 103% 103% 2 52% 524 bB2% 15 941 94 9415 1 100% 100% 100% 6 101% 101% 101% 4 88% 88y Rflh 6 94 94 13 99% 954% 9 % s u !ms. lolt. 1015% MK&Toprin Mo Pag gcn 48 '75. . Mo Pacific 65 F "11. Mo Pacific 53 H '80 Mo Pac 5% sev 49, & M58 A 35, Mb5%s ‘,n. 2013 &H 3%s 54 &H 3148 56 97H 9T% % 100% 100% 2% 2% 96t 96% 17 9T% 97 97 5 99% 99% 1 99% 99% 99% .5 1004 9915 199% 12 85% 84% 8% | 55 100% 100% 1u. % 2 95% 98- 95 5 101% 101% 101 MUCH INPROVED A. B. A Journal Reports Gains Beneath Surface Which Indicate Upturn. iths, although the Nation-wide ef- forts to prevent distress and to enlarge employment will check it from becom- ing worse. Unemployment is only one of the many problems that must be solved before the country returns to real prosperity, and hopes for a quick recovery have been succeeded by confi- dence in a slow but sure recovery. “Below the surface of business ac- tivity there have been drastic uuw ments going on for many months. 3 of them have already bnn and are being reflected in up of current operations fln a mnfl basis. In the field of distribution, there and jobbers to buy more freely. of ihe most encourag! [ beginnin domestic and foreign trade and pflo- have become more stabilized, that the users of raw maf Iuvu confidence both in the outlook heard about the recent improvement in the textiles, with the cotton goods dustry ehmlnltln; night work and Id- j\utln( production to normal demand, ‘Eurchmn of raw silk being un- usu: active and the reports from the for many woolen trade brighter months. - It will be recalled that textile industries led the way in business recovery. after the 1921 depres- sion, which causes current developments to be followed with more than usual interest. “The marked liquidation in brokers’ loans that continued durin, month, lnd the strong and dition of tI system generally, are most llnnrenlve favorable develop- ments. No country ever went ‘broke’ by havlnl its citizens pay off their bor- or is there any more certain way ln 'mch to build the foundation for expnmlan later on.” NATIONAL A ADVERTISERS "WILL STRESS PRODUCTS By ';;- Assoclated Press. e majority of national advertisers are nirm believers that curtailed periods are un proper time to their produc ‘This fact 'sbrmumouthlmol 256 companies conaucted among mem- bers of the Association Advertisers to determine their intentions with regard to appropriations for the coming year. Of thll total 121 fll&d they would vepeat the present appropriations in 1931; 60 declare t.hgy woulds increase next year's appropria- tions over the current year, and 14 said thly would dezrease Ih‘h’ commitments. ixty-one were unable to give fl.\\m mmm) TOBACCO SALES. November 10 (%— it oyl e, lca g e les of ds leaving a stock in State tobacco ware- khmue-,wes and 34 hogsheads of ground Market steady at the following quo- tations per Ii ’wunda Inferior, 10.00; sound common, 10.00a22.00; S s e | fancy, 53.50054.00, e to good mmm, mmaotr mam Iln NI. noi Burley, 7.00a46.00, ity FOREIGN EXCHA;GE. (Quotations turnlhl:,end"] by W IE :e.lm %Dgu gmdon, bouna Berli ) lira. Birich, "Trase: Amerk:nn tanners lupnl more than 85 per cent ol the patent leather sold in Shanghai. les. High. NY NH&H ev 4b ‘l 22 ll‘lVa NY NH & H clt 6 Low. Close. 116% 117 106 106 45 3 Nor Pacific 3 Nor Pacific Nor Pac 4%s 2047. ‘] 2047.116 111% 9 100% .28 984 . 15 109% Por R L&P 7% Read gen 4%35 A" 91 s RIAr& L 4%s"34 L Ir M'nt 63 ‘31 100% g'n. ll'l R&G 48 '33 lf‘.; lgg Sou Rwy 2 Sou Rwy 6%s ‘5 6 116% Term As St L 4s 53 5 Ny B"11 99% 48°47.. 9 98y 48 68, 3 9% 19 106 106 106 3 107% 107% 107% 101 76 g7 101 4 76 ‘78 a1 Un Pl.rf“i"l.. 11 9 1 100 2 106% 1 1 2 101% 101% 101% 6 101% 101 101 4 95 VaRy& Pc' 68’34 Wabhash 1at 39. Wabash bs B 76.. Wabash 65 D '80. Wabash 648 75 West West West Pa lofl% lfll