Evening Star Newspaper, November 14, 1930, Page 14

RS’ PARLEY RTS IN ENGLAND Gov. Harrison, Dawes and Young Confer on World Credit Problems. -~ | BY JOHN F. SINCLAIR. 5 Dispatch to The Star. ,"" YORK, November 14.—Gov. L. Harrison of the Federal Re- Bank of New York has arrived in and begun his “conversations” lnropnn bankers. But he is not alone. Ambassador Charles G. Dawes Owen D. Young have been holding t conferences in the last 10 days. . Morgan also is reported to be in n. authoritative has been published regarding these confer- ences, it is generally believed these men are engaged in working out plans for a new deal on reparation payments and led debts. Germany’s recent loan of $125,000,000 will carry her over until Spring. Had this loan not been secured, a morato- rium on her reparation payments ap- peared to be a certainty. Germany's Position. Germany has never joined hands with the lllllflnyln asking for allled debt re- ducumn She has kept her reparation oblem on one side of the fence—and the allied debt problem on the other. Her position has always been that the allled debts which have been cut from 40.to 60 per cent of their original amount represent the money loaned to the various allied nations by the United sum after the war and that it was, and is purely, a business transaction, .standing on a strictly legal basis. The reparation situation is different. Reparations were demanded from Ger- many on the theory that Germany was lohl! responsible for the war. But has been some change in this oplnlnn since the conferences at_Ver- afllfl There are a number of Euro- n statesmen who believe the entire r-pomlwlty for the war did not rest on Germany alone, so the basis for reparation has become somewhat ‘weaker. India’s Demand. jal India has spoken—she de- infon status. Ald‘tg:m'!ry first meeting of the round-table conference in London In- dia stated her demands simply, but ef- | i § g i g §g ; i | ‘what any party leaders might say. Apple Selling. If New York is not “apple-minds already, its citizens will be before the ‘Winter is over. On hundreds of corners, apples are being sold at 5 cents apiece by the unemployed. In the past two 'eeks, over 4,000,000 apples, that would have wasted, ha ! 1930, by the North Amert Newspaper Alliance. g Washington Produce itter—One-pound prints, 41132425, tub 391:2401 e R . 45a46; current re- ultry, alive—Turkeys, prime, 24a25; small lnfl lhln. 17a18; Spfln[ chickens, large, 20 medium, 20a21; small, 22 123 le-i lu‘e 20a21; mecnum 18a19; a e . young and large, 5 60; old, 25:80 Dl'!lled——;l;l:l;k'e'yl, 30a33; Spring chickens, large, medlum 25a26; small, 27a28; fowls, lar, medium, 23a%4; Leg) dueu. 24a25; keats, young, 70a80; old, ue-u—nee 18a23; veal, 18a23; lamb, 20a23; pnrk loins, 25; fresh hams, 22; fresh shoulders, 20. Smoked meats —Hams, 25; shoulders, 18: bacon, 27; lard. in bulk, 13; in pm:kuu 1475, Live stock—Cal } bl THE EVENING STAR, WASHINGTON, NEW YORK STOCK EXCHANGE Recelved by Private Wire Direct to The Star Office. (Continued From Page ~Prev.1930~ Stock ana High. Low. 89% 61 37% 49% 881 159% 15% 52% 42% 24 38% Mack Trucks (6) 97% Macy & Co (nt3) 6 Madison Sq Gar (1) 20 Magma Cogper (3).. Man Elev mod g (d5) 8 - 21% Marlin-Rock (16%).. 5% Marmon Motor Car. . 31% Marshall Fleld (2%). 3 Martin Parry........ 32% Mathieson Alkall (2) 33% May Dept Strs (n2).. 5 Maytag Co (1). 26% Melville Shoe (2) 6% Mengel Co (2). 9% Mexican Seaboard. 79. Miami Copper. ... 16 Mid-Cont Pet (2).... 15% Midland Steel (3) . 74 Midiand S t (8 391 Min Hon'w Reg (t4. '.' e L T jouri Pacific..... url Pac pf (5).. 11% Mohawk Carpet, 23 Monsanto Ch (g134) 16% Montgomery Ward 1 Moon Motors. | 112 107% 8% 54 48% Morrell & Co (4.40) .. 14 Motor Wheel (3).... 3 38 Mullins Mfg pf (7). . 200 33 Munsingwear (14)., 9 Murray (B)(29% stk) 34 Myer (FE) & Br (2).. 28% Nat Cash Reg A (14) 38% N 211% NatDist Products(2) 17% Nat Enam & Stamp. 115 Nat Lead (18)... 1381 Nat Lead pf (A l'l). 10! Nat Pow & Lt (1).. 28% N Y Airbrake (3.60). 127% N ¥ Central (3) . 25 N Y Dock.... 13% N ¥ Invest (1.20) 110 N Y Steam 1st pf (7) lfll 4% Norfolk & Southern. 3 195% Norfolk&West (112) 51 North Am Aviation 59% Nor Am (b10%stk) 334 No Ger Lloyd 3.43). 50% Northern Facific (6). % Norwalk Tire & Rub. 16% Ohto Of1 Co (2).. 4% Oliver Farm Equip. . 25 OlvFEqpfA(6)... 5% Oliver Farm Eq ev pt Pacific Tel & Tel (7) Packard Motor (80c) Pan-Am Petroleum. . Pan-Am Petrol (B) Panbandle P&R.... Param’'nt Publix (4). 105 Park Utah. ..... 20 Parmeles Tran l‘ne) Pathe Exchan, Philip Morris&Co(1) Phillips Petrol (l’) - Plerce Petrolm (10¢) . Pillsbury Flour (2) Pirellf Italy (a3.14 Pitts & W Va(6). Poor & Co (B) (2). PRAmTobA (3%). PR Am Tob (B)... Prairie Ol & Gas (2) Prairie Pipe L (16).. Proct & Gamb (2.40). Prod & Refiners Pub8v NJ (3.40), PubSv N Jpf (5). PubSv NJpt(6). Pub SvE &G pf (6). Pullman Corp (4). Punta AlegreSugar.. Pure Oll... Pure O1l pf (8) bt Purity Bakerles (4). Radio Corp. 117 106% 8% 274 114% 88% Raybestos Man 2 l°. Reading Rwy (4) Reading 24 pf (2) ... Real Stlk (5). Rem Rand (1.60) Reo Motor Car llfle). Republic Steel...... Republic Steel pt () Reyncids Metals (2). & Ritter Dent Mf ( Rossta Insur (2.20).. Royal Dutch a3.2166. Safeway Stores (5).. Safeway pf (6) ; Safeway Strs pf (7). 508 8t Joseph Lead (13). 11 St L-San Fran 8)... 3 8t L-San Fran pf (6). St L Southwestern . St L Southwn pf (5) @ rauBBaaneBunne 26 12 508 48 Sec Nat Inv p6) Dividend Rate. AGGOD. mlh. Low. 49 ) qaacaaca 8% 110% et 10% 110% 110% 60 1% 1 1 1 1% 9% 48 15% % 1% 1% ©® 1% in stock. 49 V‘-Cu’ Chom Df (4] Vulean Det (4). Wabash.... Wabash pf (A) (5). Waldort Systm (1%) Walworth Co (2). Ward Baking (A) 4 Ward Baking (B) Willys-Overland. Willys-Over pf (1), Wilson & Co (A)..... Wilson & Co pf Woolworth ) Worthington Pump Worth Pump(B) (6). Wrigley (Wm) (4).. Yale & Towne (2)... 5 ]Phi‘ 8% i stock. & Phus 3% ih's n Plus 5% In r Plus 14% In stock. prev. 4!'& 4% 2% 4% 264 8% 69 5% Simms Petroleum Sinelatr Con O11 (2)., Skelly Ol (2).... Sloss-Sheft pt (7) Solvay Am pr ww 5% Sou P Ric Sug (1.40). Southern Cal Ed (2). Southern Pacific (6). Southern Rwy (8) Spalding (A G) (2 Spalding 1st pf (7 Spang-Chalfant. Sparks Withing M Stand Brands (1%). Stand Comm Tob, Stand G & E (3% ) Stand G & E pt u).. Stand Invest Cor, 4 Stand Oil, Cll|(h2'/g ¥y Stand Ol of Kan (2) 8 Stand Oflof NJ (t2) 124 Stand OII N Y (1.60). Sterling Sec (A) 3 Ster] Sec cv pf (3) 7 Stewart-Warner (2). &5 Stone & Webster (4). Studebaker Corp (3). Studebaker Co pf (7) 2¢ Submarine Boat 15 42 29 35 34 Superheater (13%). Superior Of Suaperlor St Symington (A). Telautograph (11.40) Tenn Cop & Ch (1)... xas Corp (3). Tex Gulf Sulph ( Texas PC & O1l. T Pac Land Thatcher Mfg (1.60 Thatcher pf (2.60) % The Fair (2.40). ‘Thermoid Co ‘Thompson Pr (2.40) .. 4 Thompson Starrett. . Third Avenue. Tide Water As (60c) 2 Tide Water As pf (6) Timken Det Ax (80¢) Timken Roller (3) Tobacco Products Tob Prod (A) (80c Transamerica (1) Transue &W (1) Trico Prod (23) Tri-Cont Corp. . Tri-Cont Corp pf (6). Ulen & Co (1.60) Und-Ell-Fischer (8), Union Bag & Paper. . Union Carbide (2.60) Union Oil. Calif (32) Union Pacific (10) Un Tank Car ( Utd Afrcraft. N 2% 184 25 Utd Cigar Stores pt. Utd Corp (50¢) . Utd Corp pf (3).... Utd Electric Coal. Utd Fruit (4)....... Utd Plece Dye W (2) Utd Stores (A)... Utd Gas & Im (1.30) .. Utd Gas & Im pf (). Utd Stores pt (2%) 8 32 8 62 Smelt & Ref (1) U 8 Steel (7).. Univ Leaf Tob (3), Univ Pipe & Rad. Util Pow & Lt A Vadasco 8ales Corp. Vanadium Corp (3 Warren Bros (3).. ., WebsterEisen pf(7). 10s Wess Oil & Snow (:). 1 Wnurn Pacific pf... Western Union (8).. Westingh'se A B (2). Westing E& M (5). West E& M pt (5) Weston El Instr ( W stvaco Chlor (2) 10 186 a 3 & @ 8o anaBurommnmnmn Youngs Spring (3).. 6 2% Zenith Radio........ Sales of Stocks on New York Exchange 18 347,500 1,681,800 12:00 Noon. + 1.018,200 2:10 P.M. - 1,874 800 are the annual cash f yearly declarations. r Blus. tock.* 1d this Sable 1n' stock. uknnhu Fhen earned. TPlus 10% 1o stoe stock. In stock. m PIus rred stock. stock. p Plus $1.00 in p: |AUTO INDUSTRY SEEN { AS TRADE STIMULANT Chevrolet Official Predicts Normal Business in 1931—800 At- tend Conference. That 1931 will be a normal business year and the automobile industry will hon. | yiyity was the prediction today of W. E Holler, assistant general sales manager ington with a corps of Chevrolet execu- the employment curve starts upward the upward trend will be rapid.” mllfllsnmflmnmflutndflm‘i Holler declared, an auto mburer has advanced his pl’ofrlm ahead of the new year. Chevrolet's 1931 line, Mr. Holler said, will be an- nounced Saturday. How his company looks at 1931 and plans to make it a presentation in Washington Audlwrlum this afternoon. ' Accompanying Mr. Holler to Wash- ington are Lhne chevmlwml office lead the way to renewed business ac- | motion of Chevrolet Motor Co., who is in Wash- | agem: manager; and service manager, vice preside: i ertpes NATIONAL DAIRY PRODUCTS. NEW YORK, November 14 (! ~—The increase in the cash W MARGIN STOCK BUYERS ARE LIABLE TO STATE TAX By the Associated Press. RICHMOND, Va., November 14.—The purchaser of stock on margin is the owner of such stocks and should pay tax on their full value, the Virfinia Su- preme Court of Appeals has held. ‘The court’s decision, sustaining a & ruling of State Tax Commissioner C. H. Morrisett, reversed a judgment of the Clifton Forge Circuit Court in an action brought by Commonwealth's Attorney M. J. Putnam against A. C. Ford. Ford claimed a tax refund amounting own them outright. mm the trial court, was nvermled Thn !uprume Court’s opinion, pre- Justice Henry W. Holt, bscribe to 6 4 27% 102% 33% o b el . 0. FRIDAY, NOVEMBLR 14, 1930. FINANCIAL” BflNflS ARE STRONG | o o BONDS s v SURPLUS OFWHEAT =( N QUIET MARKET Convertibles Advance Continued Strength in Stock Issues. BY F. H. RICHARDSON. Special Dispatch to The Star. NEW YORK, November 14.—Bonds were strong again today. While this was most manifest in the convertible group, which mirrored strength in stocks, high-grade issues of an invest- ment character, secondary and semi- speculative credits and foreign dollar bonds all showed signs of the firming ‘movement. In a few cases there were declines, as in Cuban bonds, which are affected by pblitical troubles; in Peruvian de- scriptions, also under the cloud of ith- rest, and some of the weaker domestic industrials. Money rates were un- changed. Volume was moderate. The opening revealed a stronger tone in stock privilege issues and these made substantial ‘progress as the recovery went on. Gains of fractions to over a point were shown by Baltimore & Ohio 4128, New Haven 6s,~Chicago & North- western 43,s, Atchison 4l5s, American International 5':s, Commercial Invest- ment Trust 5 American Telephone 4l5s, Texas Corporation 5s, Interna- tional Cement 5s and Loews 6s. In the high-grade section there was a moderate demand for seasoned fa- vorites like Southern Pacific 412s, Great Northern 7s, Chesapeake Corporation 5s, Inland Steel 4!5s, American Tele- phone 5!2s, Standard Oil of New York 415s, Standard Oil of New Jersey 5s, Dugquesne Light 4'2s and Utah Power & Light 5s. There were further ad- vances in the list of long-term United States Government obligations. Lib- erty 358 hit a new high for the yea The junior issues the carriers failed to carry through the recovery of ‘Thursday. Notwithstanding bullish statements regarding business, upturns in stocks, protests of railroad presidents and the evident security of many of these bonds, few can be persuaded to other hand, there has been heavy sell- ing of hitherto inactive bonds, for in- stance, International Great Northern first 6s. This bond has sold as high as 106 this year and only a few days ago it sold at 90, but in rgcent sessions it has dmpped over 1o polnl.s to a new low. TONNAGE SALES OF A. & P. STORES SHOW INCREASE By the Associated Press. NEV» YORK, November 14—The Great Atlantic & Pacific Tea Co. re- 2!‘/: ported today that, while dollar sales | for October were 4.7 per cent under those of the same month last year, tonnage sales showed an increase of 5.8 per cent for the month. Dollar sales totaled $100,960,189 last month, against $105,995,108 in October, 1929. Tonnage sales were 495509 last :month, against 468,258 tons in October, 1929. 'The average weekly dollar sales last month were $20,192,038, against $21,199,055, while the average weekly tonnage sales were 99,102 last month, against 93,102 in October last year, Dollar sales for the first 10 months this year totaled $901,129,179, an increase of 5.1 per cent over $856,940,565 re- ported for the 14 period last year. ‘Tonnage sales for the 10 months were 4,355,653 this year, an increase of 15 m cent over 3,785,376 in the like period . year. Washington Stock Exchange SALES. “hil?";m Rwy. & Electric 45—$5,000 ‘Washington Gas 6s “A"—$200 at 103. c-zplzls}‘ncuon Co.—8 at 50, 2 at 50, Federal-American com.—4 at 31. Lanston Monotype—50 at 102, 10 at 101, 10 at 100%5, 20 at 100%, 10 at 100%,. les. tores pfd.—10 at 997, AFTER CALL. Federal-American Co. com.—6 at 30. Clp'"..l; ‘Traction 55—$1,000 at 85, $1,000 a Potomac Electric 6s 1953—$400 at 1043 ‘Washington Rwy. & Elec. 45—8$5,000 d! 87%, $5,000 at 8715, Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Telua. 4158 133 Amer, Tel & Telga. 4125 '3 el & el et b Amucostia S Eot R, B Anlzocrllt & Pot sus Gapital Traction K. R. 5 Gity & Suburban 53. Georgetown Gas 1st Botomac Elec Bld. Asked. 102 Wash. Wash. Rwy. & Eiec. 48 MISCELLANEOUS. Barber & - Mg, "Eold sumu 5 Title 6s. h Gons. STOCKS. PUBLIC UTILITY. Amer. Tel. & Tey. (9 Capi action Co. Rwy. & Biota o) NATIONAL BANK. (9e) Washineton (i35 TRUST COMPANY. Amer. ueeun}ry & Trust Co. um 55 Continental m‘“t . 129 Merchanty ) Sav os wnlon 'rnm 85 Wash. Loan & Trust (14 SAVINGS BANK. ank of Bethesda (6§) 8, & Savings ( [EUN & Gom. Seventh Street (12).... United States (30). . Washington Mechanics” (20). FIRE INSURANCE. American (12) [SUN e ationst un ’n'ru INSURANCI Columbla SorE e Tohy: o Title & Inv. Co. Md: onfy make commitments in them. On the |G UNITED .TATE& . 29 10227 10228 10225 144 10321 10319 10821 21136 1136 1136 FOREIGN. Australia 6 Austria Ts "43. Bk of Chile $% s '61 Batav P-n%- 42, 108% 108% 54 543 84 104% 0% Colombia 6s Jan '6: Copenhag 43%s 63, Copenhag 53 Cuba 6% Czecho Dan Mun 8s A Dan Mun 8s B'46. . Denmark 4%3°62. Denmark 6% '55. Deamark 6s "42. Dutch East 1 Nov Dutch East 1 6s *47. Dutch East 1 6s'62. El Salvador 88 *48., Fiat 7s wa: 1at 7s ex war *48, Finland 5%s ‘58 Finland 78 ‘50..... Fram ID 7%8"42.. Krench 7s°49. French Gvt 7%s 41 55 Qel. 106% 120% 125% 90 ‘man 5%s 2% German Bank 81 German 7s rep '49. 75 Ger Gen E1 78 '¢5. . . Greek 6 Halt! 65 '52. Hungary 1%- K 16 101% 100% 84% 954 g Ju‘oll Bank 78 '57. 14 Karstadt 6s"43. Kreug & Toll L1} Orient dev Paris-Ly M Paris-Ly M 7s | Rio de Jan 6% Rio de Jan 8; R Gr De Sul 6s°68.. R Gr De Sul8s 48 Rome 65’52 Roy D 4345 ww. Seine 7s *42. Serbs-Cr S1 Serbs-Cr-S1 8; s Swiss 638 46 Swiss Confed Toho El Pow Tokto %3561 Utd King % s 37 Uruguay 6s '60 12 Yokohama 6s'61.. 1 MISCELLANEOUS, Abitibl P& P 6563 35 Ajax Rubber Allegheny Alleghany 6s Am Int Cor § Am Metal 5% Am T&T e tr 53 "46. Am T&T 68 f '60. Am T&T 5%8'43. . Am W Wks 5834 Arm & Co 434839 Arm Del 6% At Gulf 59 At Ref deb 5 Bell Tel Pa 58 B *48 Bell Tel Pa §s C "60 Beth St rf 5842 Beth St pm 6u 36 Cert-td deb 5%s *48 Chile Cop db 65 '47. Col G&F bs May '62 Colon Ofl 63 "3 Com Invest §%8°49 Com Invest 6348 | Consum Pow 58 52. C CMd 1st rf 53 °50 ConGNTY6Y% C Am Sug col De Edison Gen Motors 6s '3 Gen St Cas 5% 849 Gen Thea Eq 6s 40 134 Good Ist 6348 °47., 33 Goody’r Rub 6a '57. 23 Humble O11 58°37., 16 Hum O&R %8 '62. MIBTIistpfisA. 111 Steel 4%s 40 Inland St In: 9414 89% 106 105 1021 102% 102% 103 102% 102% 60 61 104% 104% 110 Kan C P&L 6s A ‘53 Lackaw St 68 '50. Laclede 5% s C '63. ln- High. Low. Close. 106% 1084 1065 1% 111 1114 104 1034 104 103% 1031 103% 103% 1034 1034 108 105% 105% 1031 102% 1034 108% 103% 103% 106% 106% 106% 94 2% 94 1041 104% 104% 1001y 99% 108y 88 85 88 9 9N % 7T TT% 101% 101% 101% 96 968 % % % TT% 99% 99% 99% 1018 101% 101% 9 99% N Y Tel 6s N Y Tel 5 Nor Am Ed 6%s'63 10 NorOT& L 6 Nor St Pow Nor St Pow Pac G & E1 6 Pub Sv G 4%s'70.. Pure Ofl 6340 '37.... Richf'd O cal 65 Sinel O 6% B 38 Sincl Cr O 6% Sinclair P L 58 42.. 106 105 105% 105% 105% . 34 1041 104 104% StOfI N Y 4%s'51. Tenn EI P 65 A "47. Tex Corp ev b8 *44 Trans Ol1 6% Utd Drug cv s- 'n 20 U 8 Rubls 9 Utah P& L 5s « 16 Walworth 6s A + Warn Br Pi 87 Warn Quin 6s°'39.. 13 ‘Warner Sug 7s*41. West E! deb b8 '4: 109% 109% 109% 98% 9T% 98 704 70 70% 101% 101 101% 80% 80% 80% 0% 70w T0% 51 50 50 108 103 103 104% 1041% 104% West Un'T 6143°36 13 108% 108% 108% Wick Spenev7s'35 1 12 12 12 WIH&Colst6s'4l. 8 98% 981 984 YouSt&Tbs 78, 8 102% 102% 102% RAILROAD. Atolvon (s 1905-65. 11 93% 93k 934 Atchisonad) 4395, 2 93 938 93 Atchison gen 26 9T% 9T\ 9T 120 119 119% 7 101% 101% 101% 89% 89% 89N 95% 95% 95% 101% 101 101 9514 94% 96U 105% 105% 105% 101% 101 101 108% 108% 108% 1025 102 102% 85 84% 85 100% 100% 100% 100% 100% 100% Atch Ariz 4% AtCLcol s Brooklyn Elec Bklyn Elev Bklyn Man Brooklyn Un 102% 102% 92 92 99% 99 99% Yo% 99% 9914 991 98% 98% ,101% 101% 101% 105% 105 105 105% 105% 105% 100'% 100% 100% 118% 118 118 111% 111 111% 89 88y 89 9% 99 99% 103% 103% 103% 103% 103% 103% 98 98 98% 98% 94% 95 104 103% 104 12 112 112 98% 98 98% 101% 101 101% 101 101 101 104% 104% 104% 101% 101 107% 107% 107% 90 89 90 Can Nor 7s deb ‘40. Can Pacific db . Can Pacific 4% Can Pac 5s etfs 44, Can Pacific 6s ‘54. . Cent of Ga nC's‘I. o = T ORI 1P L YCPReTe Ch M & St P adj Ch&NW gn 3%s '87 Chi NW l*lC!O" 3 93% 92 98y 8 1013 101% 101% T 114% 114% 114% 5 881 8Bl 88l 57100% 100% 100% 11 101% 101 < 101% 2 104% 104'; 104% 19 102% 102% 102% 26 106 105% 106 31 101% 101% 1014 51 97% 97w 9T% 3 631 65 Cuba RR 6sctf’36. 2 Cuba RR rf 7%s'3 2 Cuba Nor 6%s 4. 2 Del & Hud rf 4843 Del & Hud 5%s'37. 58 58 66 664 40 40 27 9%6% 9 96 5 105% 105». 105% 9% 7w 15 73‘5 ki 8 4 83% 83% 824 Er 2 821 Erle 53 1975. 24 81 82% Fla E Coast §s 74 2 34% 34 34% GrTrsfdb6s’36... 4 106's 1064 106% Gr Trunk 7s°40.... 4 111% 111% 111% GrNor4%s°76 (D) 2 99% 99% 99% Gr Nor 43877 (E) 23 98% 97% 908% Gr Nor 5513 . 2 108% 103% 103% Gr Nor gn 5% 2 108% 108% 108% Gr Nor gen 7, 8 111% 111% 111% Hock Val 4%s'99., 3 100% 100% 100% Hud & M adj 63 '57. 76% T6% Hud & M rf 58 '57.. 100% 101 Tllinols Cent 48 *51. 98% 98% 874 90% 96% Int Rap Tr 63 " Int Rap Tr Int Rap Tr 6 '32. . 13 100% 100% 100% 4 90 90 90 1100% 99 99 1 106 104% 106 5100% 98 98 a0 S ;e 1101 100% 101 40 55 54 55 3 94% 93% 94 6 101% 101% 101% 1 88 88 88 4 94 9 94 8 984 98 98 6 101% 101% 101% 1 92% 92% 924 1 100% 100% 100% 731 9% 98Y% 984 984 9815 98% 521 99% Len Val cv 43 2003 Vev4ls 2003, Leh Val 5s 20/ Long Isl db L & N unt 4340, L &N 4%s2003. Manh Ry 13t 4s 90 Market St 78°40. .. MIIERy & L b M StP&SSM con 4s. M StP&SSM b8 gtd MStP&SSM 5%s'78 Mo Pacific 6s F' "n Mo Pacific 58 G *78. Mo Pactfic 53 H '80 3 98% 98% 3 b52% 524 1 99% 99% 1 99 29 99 1 85 8 85 5 96 95% 96 6 100% 100% 100% 2 101% 101% 101% 8 107% 106% 106% 8 107 107 107 1 100% 100% 100% 40 91% 89 91 1 104% 104 104% 4 107% 107% 107% 5101 101 101 3 76% 6% 'II% NY C&StL 433 '78. NYC&StLE%sA NY C& St L 6%, NY NH&H 3%s ‘54 NYNH&H db 48'57 NY NH&H 414887 NY NH&H ev db 6s 10134 | MAY NOT BE LAR Feeding of Grain to Live Stock Has Reduced Sup- ply Considerably. BY WALTER BROWN. Written for the Associated Press. CHICAGO, November 14.—Traders here aré venturing the prediction that consumption of wheat as a substitute for corn in the freeding of live stock will run 100,000000 to 150,000,000 bushels. One observer contemplates the substitution as 200,000,000 bushels. ‘The Farmers' National Grain Corpo- ration now is engaged in a survey of the corn-growing area, affected by the Summer drought, to determine the con- sumption of wheat in place of corn. The grain corporation, lnmlnred by the Federal Farm Board, has urged the substitution of wheat for corn. In in. stituting the survey, the corporation ex: pressed its mmtmhmwmc surplus was more apparent than real. ‘Would Reduce Surplus. Such a withdrawal of wheat for live stock, 100,000,000 to 200.000,000 bushels, would cut_deeply into- this Year's sur- plus growth. It could remove the bur- densome marginal wheat which generally goes into world M If, also, it developed that the tine's reported wheat rust plaj rious el h to reduce its than edly would be a reawak of forel interest in North Amm A Argentina’s wheat crop is about the last w reach the world market. Harvest- ing is begun the latter half of Novem- ber and generally is completed by the middle o( December. The avs cmp ln &he South Amznmn republic - m survey M the Farmers’ National tion may mu:h: condi- zlondwhle would enable b to bull traders and stimulate hl:n‘m in the sluggish market, some dealers hold. Corn, Forecast. ‘The corn belt was not us hit by the ht as was first or as the n trade Government's latest for & forecast was yleld of 2,094,481,000 bushels. Private reports had forecast of CHRISTMAS SAVINGS EQUAL 1929 RECORD . Gains Shown in Some States, In- cluding New York, Associa- tion Reports. gl 5 5% 558 fils ilip B . banks of New York ,551, inerease from uhl‘l;’” o~ sl o S S a ‘when the sum was $13,650, 1,386,218 depositors. s NEW CONSTIUCTIO'., i NEW YORK, N¢ ber M struction mum&"n:vud:: ln“ mtu lnt of the Rocky M ”'l ll! lW ¥, "ml)ed‘: 1 rts. This was af bunnm of $12. 00 in lnll 'H M 500 for November —_— IM‘ lom 101 . 301% lm ‘Dl 100 fhos ¢ St L Ir Mot 6831, StL IM R&G 48’33 StL&SFindsA. anaomrmabBE2 Basn o - » ® Seab All F1 Seab All F1 Sou Pac aol Sou P&OT 434817 Sou Rwy gen 48’66 Sou Rwy b Sou Rwv 6%s Sou Ry M&O 4s '8 ===u===§ 'l‘hlrIA ref 4560 Third Av adj 5360, Un Pae 18t 4 = mET DR 0 -~ 99 100 m i m” 100% 100% 100% 106 - 106 102 101% 101% 101% 102 100% 100% VaRR4%m'62. ... Va Ry ist b '6: & Va Ry & Pow 68 ‘3¢ R EEE