Evening Star Newspaper, November 18, 1930, Page 14

WA ErEd 7 INSTALLMENT PLAN OF SELLING LAUDED - President of American Bank- ers’ Association Talks on Consumer Credit. Special Dispatch to The Star. CHICAGO, November 18.—Charges that “consumer credit” in connection with installment sales enables people to make commitments beyond their financlal ability ican Bankers’ Association, said of Hnlm:e R. C. Stephenson, Companies. Speak- ing wfln mbject “Credit and Prog- yess,” he described the heipfulness of installment selling, if properly safe- g added comfort and m into American home life. “Although the development of con- sumer credit has been hailed with mis- givings, its coming is natural and tlm!I will serve to work out the safeguards which should surround its successful practice,” Mr. Stephenson said. “Its growth up to the present year has been 'lthflu‘ leflmu setback, owing to the era of prosperity which suffused the United States. The testing time is now here. ‘THose companies which have not_stra from the basic rules of credit will survive. The others will fail, as failure has marked the path of those institutions which in past years the teachings of successful Basis of Credit. “The granting of consumer credit yests back upon the ability and the ess of people who make com- nlfi.nenu to meet them promptly. It been charged against consumer mt that it enables people to make commitments beyond their ability to meet. This charge will continue until sufficient time has elapsed to enable cies of consumer credit to work practices of administration- which mm‘dj :xl:wfl in the extension “If the extension of producer credit l‘n‘ times been mw-r;lnt:&u -':d eonsequence brought T, only to rsons or firms se- it, but to ‘the themselves, there is more danger that consumer credit, except under strictest ruuhm 'I.ll work for even greater The present recession in hld_ h t.he Dnlwd States has last- than mo:t previous ones. It ble that the unwise use of consumer and producer, is this sit Personal the out ANNUAL MEETING HELD Special Dispatch to The Star. BALTIMORE, November 18.—The annual of stockholders of the Baltimore & Ohio Rallroad was held in the general offices here yesterday afternoon, with 20,189 stockholders the nnmnl report for 1929, which was and outlined developments M. Baruch, Delos W. Cooke, John J. eflm'ell Robert Garrett, John R. Mor- Frederick H. Rawson, Hehry !l-uhlemlen George M. Shriver, John F. Stevens, Paul M., Warburg and Joseph ‘Widener. CHICAGO LIVE STOCK MARKET CHICAGO, Noxember 18 () (United States Department of Agriculture) Hogs, 43,000, including 15,000 direct Iy 15-25; spos, 35 below 835 bulk, 160- X . king 8.00-8.35; light ll(hl ice, 140-160 pounds, 30; light weight, 160-200 pounds, 8.10- ; heavyweight, 250-350 pounds, 0-8.35 packing sows, medium and 275-500 pounds, 7.00-7.75; slaugh- and choice, ~ 100-130 ¥ | plain, 4.5085. ings scarce and much more active weighty steers; early top year- , 12.80; medium weights steers, ; most sales, 9.00-11.00. Slaughter and vealers—Steers, and m M 13.50; 1,100~ 12 medium, 600-1,300 pounds, 6.25-9.50. Heifers, and choice, 550-850 9.2i 13.00; common and me- d medium, 3.7. 5.00; l(o. cutter lndl cutter, 3‘:’5‘“‘7:4 yearlings excluded), gt cholce (beef), 5.00a6.25; cutter; e\m.er vealers 0013 42, 0- | 36a48. FINANCIAL THE EVENING STAR, WASHIN NEW YORK STOCK EXCHANGE Stock and Dividend Rate. 5! 4% 1% 624 116 Al% 324 129 1928 \i Nat Ry Mex 24 Nat Steel (2). 14% Natl Tea (1)... 9% Nevada Copper (1).. 116 N O Tex & Mex (7).. 127% N ¥ Central (3).. .. now. 185% 761 N YNH& Hart (6)., 112 NYNH&Hbf (7)., 5% N Y Ont & Western. . 110 N Y Steam 1st pf (1) 195% Norfolk&West (t13) 83 Norf & West pf (4).. 51 North Am Aviation.. 591 Nor Am (b10%stk).. North Amer pf (3) 100% North Am Ea pf 6 504 Northern Pacifie (5). % Norwalk Tire & Rub. 16% Ohio ON Co (2)...... 44 Oliver Farm Equip. . 514 Oltver Farm Eq cv pt 20% Oliv F Eqpf A (6)... 2% Omnibus Corp. . 484 Otis Elevn (23). 118% Otis Elev pf (6) 13 Otis Steel (234) . 36% Owens Il Glass (3).. 44% Pacific Gas & E) (2).. 55% Pacific Lighting (3). 1234 Pacific Tel & Tel (7). 116% Pac Tel & Tel pf (6). % Packard Motor (60¢) 24 PanhandleP&R.... 40% Pardm’'nt Publix (4). 84 Parmeles Tran (60c) 2% Pathe Exchange. ... 5 Pathe Exchange (A) 9% Patino Mines....... 3 Peerless Motor Car.. 26 Penick&Ford (1134). 30 Penney (JC) 3) 55% Penna RR (4).. 193 People's Gas Ch (8). 10 Petrol Corp (13%). 20% Phelps Dodge (3).... 50 Phila Co 6% pf (3) 9% FPhila ReadC&1l.... 16% Phillips Petrol (n2).. o PlerceOfl...ouv.n o 24 Plerce Petrolm(10c). 373 Pirelli Italy (a3.14). 15% PRAm TobA (3%). 4 PRAmTOb (B).... 56 Postal Tel & C pf (7) 18% Prairie Ofl & Gas (2) 24% Prairie Pipe L (16).. 34 Pressed Steel Car. . .. 34 Pressed St Cpf (7)., 52% Proct & Gamb (2.40). 3 Prod & Refing 66 PubSvNJ( s 91% PubSvNJpf 15). 1064 PubSv NJpf(6). 54 Pullman Corp (4). 10% PureOfl........us 984 Pure Oll pf (8) ¥ Punta Alegre § cf 46% Purity Bakeries (4). 12% Radto Corp 48% Radio pf A (3%) 40 adio Corp (B) ( 17% Radio-Keith-Orph A. 17% Raybestos Man 3 60. #7% Reading Rwy (4).... 44% Reading 1st pf (2) 9 Reis (R) & Co 1st D(. 14% Rem Rand (1.60).... 84 Reo Motor Car (80¢). 16% Republic Steel...... Republic Steel pf (6) Reynolds Metals (3). 2 Reynolds Spring.. 70 Reynolds Tob A (3). 41% Reynoids Tob B (l). 5% Richfield Of1. 7 Rio Grande Ofl . 20 Rossia insur ¢2.20).. 38% Royal Dutch a3.2185. 44% Safeway Stores (5). . 25% St Joseph Lead (13). 63% St L-San Fran (8. 70 St l.rllnAl'l‘l pf - lll 61% 11 B o T T T TP 48 17 Bt rp S0 Sharouckcra) (113) 7% Shell Unfon Oll..... 69 Snell Un Ofl pf (534) 4% Shubert Theaters. ... 11 Simmons Co. . 7 Simms Petrole 11% Sinclair Con Ofl (2). 10% Skelly Of1 (2). . 62 Bkelly Oll pf (6) 95% Solvay Am pr ww 63 113 Sou P Ric Sug (1.40) 43% Southern Cal Ed ¢3). 9% Southern Dair A 1%. 3% Sou Dairfes (B). . 96% Southern Pacific (6). 62 Southern Rwy (8)... 33 Spalding (A G) (2).. 19% Spang-Chalfant. .... 9% Sparks Withing (1). 11 Spencer x.uo.uoe) 8% Spicer Mfx. 14% Stand Brands (1% ) . 3 Stand Comm Tob, (Continued From Page 1 Sales— Add 00. High. 118 36% 35 1 1 kel 3 43% 108% 108% 16 1%% 12% 118 138% 129% 82w 82 14% 84 118% 113% L 114% 114% 98% % ~Prev.1030~ el High Low. 63 Low. OClose. 118 b 434 154 116 14% 830n 5% 207% 81 6 65% $2% 102% Thomp- Timken Timken Tri-Con Und-Ell- USIna USP& % llm NE % 8 U u u il % Warren Warren Weston Youngs 10:30 AM Dividend rates as % i stock: 3% | "7 Plus 14% In st Stock Sales— Dividend l-u Add 00 Hieh u- Stand G & E 13%) 1 69% Stand O1l Exp pf (5). Stand Invest Corp... Stand O] of Kan (2) Stand Ofl of N J (13) Stand OfI N Y (1.60. Sterling Seo (A). Ster] Sec pf (1.20) & Pacific (5). Pac Land T ‘The Fair (2.40). Third Avenue. . Thompson (J R) (3). Thompson Pr (2.40). ‘Thompson Starrett. . Tide Water As (80¢) Tobaceo Produets. .. Tob Prod (A) (80¢). Transamerica (1)... Trico Prod (23) ‘Tri-Cont Corp pf Ulen & Co (1.60) Unlon Bag & Pa Unlon Carbide (2 60) Unlon O iinfon Pacific (10)... Union Parific nf (4). Un Tank Car (1.6 118 Leather . USPine& F (2).. s Huhv&lmD(IL Rubhcr Int'of. .. 8 Smelt & Ref (1). U § Smelt Ref pf 3% Univ Leaf Tob (3). . Univ Ple 1st pf (8).. Univ Pipe & Rad Util Pow & Lt A (e2) Vadasco Sales Corp. Vanadium Corp (3). 2% Va-Car Chem,.. Vulean Det (4).). ‘Wabash pf (A) (5).. Webster Eisenlobr. . Wess Oil & Snow (2) West Penn El A (7). West Penn El of (7). 40s West Penn P of (7).. West Penn Pw pf (6) 10* Western Dairy A (4) Western Dairy (B).. Westingh’se A B (2). Westing E& M (5).. West E& M pt (5).. 1208 White Motors (2).... Wh Rock M 8 (14%). Wileox Ofl & Gas. Willys-Overland. Wilson & Co. . Wilson & Co (A). Wilson & Co pf Woolworth (2.40)... Worthington Pump. . Wrigley (Wm) (4).. % Yale & Towne (2)... Yellow Truek. . . Young Sh & Tube(5) Zenith Radlo. .. Sales of Sticks on New York Exchange payments based on the Iatest Uniy of ‘tradiog Jess tha #toc) mn;mumm-mlnm un-flhu 69% ll‘& 1m ’fi 534 26% Studebaker Corp (3). Studebaker Co nf (1) IWI Submarine Bont Superheater (13 Superifor Of1 Symington. Symington ( % Telautograph (11.40) Tmnconlch m.. Slam poean L r Mfe (1.60). tar pf (33) Det Ax (80¢) Roller XS TS AN DN RNE N t Corp. . Fischer ( Calif (12) UtA Afreraft pf (3).. Utd Biscult (1 60 Utd Corp (50e) . Utd Corp pf (3). Utd Electric Coal. Utd Fruit (4)... Utd Gas & Im (1. Utd Stores (A). . Utd Stores pf (2%).. U 8 & For Secur. . U 8 Freleht (3). U S Hoftman. Aleohol (+1) F st (1.20), -~ PR RPN 5 B me 10: g amnasSanen S Bros (3).. . Fadv & P (2). 1108 108 9 4 5 1 6 206 E Instr (1), 4 2 3 33 9 1 3 2 8 5 2 6 Sprine (3).. & 3 1 3% 342.400 1.357.800 siven in 12:00 Noon. 2:10 P.M T e 100, X .":A OP:. = bFlllbln in_stock. 1 Plus 10% in stoc % in n.ocl SPlul 8% in n Plus 5% in llotl..mk k Pllu ’l ! P Plus §1.00 in Baltimore Markets Special Dispatch to The Star. BALTIMORE, Md., November 18. Potatoes, white, 100 pounds, 1.25a1.8! barrel, 2.00a3.00; sweet potatoes, barrel, 1.25a2.00; yams, barrel, 2.25a2.75; beans, bushel, 1.25a2.25; bee", 100, 3.00a4.00; broccoli, bushel carrots, X crate, 1.7582.00; celery, crate, 1.25a2.00; eggplants, crate, 1.50a 2.50; lettuce, crate, .00; bushel, 60a75; onions, per 100 1. 00-1 lo pers, hamper, b\llge 1.00a1.25; 3.25; grapefruit, box, 2.50a3.50; .m\ basket, 12a20; oranges, box, 2.75a4.50; | pears, bushel, '1.00a2.50. Dairy Market. Poultry, alive—Turkeys, pound, " 20; old hens and toms, 1 ll; chickens, Springers, 20a22; Leghorns, 8 barebacks, 12al4; old hens, Leghorns, 12a14; roosters, 12a15; ducks, nuo geese, 14a20; l;al:;; fowls, each, , - 717 cases; nearby ennery ‘white, firsts, 48; Southern, firsts, 36a38; current receipts, Butter—Good to fancy creamery, pound, 33a38; ladles, 26a28; rolls, 25a |27; process, 31a32; store packed, 19. Helfers—Choice to prime, none; good to choice, 8.5029.00; medium to good, 6.00a6.50; fair t9 medium, !50!!00 plain to fair, 5.00a5.50; common to| 30.00a 80.00. Bbcep and lambs—Receipts, 500 light supply, market steady. 1.00a3.50; lambs, 050.850 fair sup- !Cl firsts, 40a Fresh cows and Springers, 7.0 ;' light pigs, 9.00a9.50; ey—n'ec‘expu. 50 head; 1 ply, market steady; calves, 5. Hay and Grai Whflt—NO 2 red Winter, export, 77 2 red W\nur garlicky, spot, 77; ht sup- 212,00, Rye—Nearby, 50a55. Oats—White, No. 2, new, 43; No. 40: | Price of various goods BY CHARLES F. SPEABE. Special Dispateh to The Sta= NEW YORK, November 18.—The ef- fects of the reduced purchasing power of foreign consumers of American mer- chandise and of the higher tariff nnuut :ooda produced abroad for the United States are I‘Jllfly fll\ntr-!.ed in the October fig- ures of foreign trade. These indicate the highest percent- ages of decrease in both items so far lbown this year and the smallest totals since 1921. The decrease in merchandise exports unounud to $200,000,000, or from $528,- 512,000 in October, 1929, to $328,000,- 000 last month. - represents a | shrinkage of 38 per cent. Imports were off $143,000,000, or from $391,026,000 last year to $248000,000, a drop of about 362 per cent. While there was some increase over September amounts, just as there had been a gain in that month over July and August, this was to be expected from the normal seasonal tendency; It was assisted volume of buying of commodities, such as cotton, wheat and copper, which had reached such a low level that. foreign- ers were willing to accumulate stocks of them either for immediate uses in manufacture or for future consumption. Extent of Shrinkage. The picture of foreign trade for the ten months to October 31 is quite a gloomy one. The combined values of exports and imports in that period were reduced approximately _$2,200,000,000. Exports show a loss of 25 per cent and imports a decrease of 30 per cent. It is the shrinkage was due to the lower unit and commodities Tepresented in both outgoing and in- coming trade. These figures were read with a great deal of interest today.in banking and ".| business circles, in view of the state- W. Lamont be- | ment made by Thomas fore the Academy of Political Science Priday night to the effect that the situ- “by hanging the load of a new tariff act around our own necks.” Mr. Lamont further said that “the increased rates have certainly led to a certain :eenng of dismay and ill-will abroad and to some retaliatory tariffs. They have probably caused also some harm both to home trade and to our inter- national commerce, because have created.” tor Smoot, one the new tariff bill, has taken issue with high°r tariff, instead of causing some "h the business aeprenkm, has llven 'uk to more mbd ‘d plu of lomn into h market at an by a larger | Das recognized that a substantial part .of | ¢ loh tion in business has been complicated | Nat of th: un- | certainties and dislocations which they | Tr of the authors of | ¥ Mr. Lamont and has claimed that the | U SHRINKAGE IN FOREIGN TRADE SHOWN BY OCTOBER REPORTS cludes the figures of gold imports for the month. These amounted to $35,- 635,000 and were over $26,000,000 in rts have reached high figure of 5323,000 000, Or an excess over expors of $212,000,000. This addition to the | TAX SELLING PUTS | Cox e voux BONDS o scaave] (NEW FACTORS SEEN BOND LIST LONER} Market Turns Active, W|th Losses in Foreign and Domestic Groups. BY F. H. RICHARDSON. Speetal Dispatch to The Star. NEW YORK, November 18.—The bond list was weak in moderately active trading today. The chief factors be- hind the liquidation were tax selling and the continued decline in stocks. Tax selling was heaviest, naturally, in those issues which have had the widest previous losses this year. German gov- ernment 6 per cent bonds—the Young plan loan—went to over a 19- t discount. This is & new low slnce e and reflects the heavy which investors wish to dmuct from their next income tax returns. The character of selling was further proven by the advance of United States Government bonds to new high peaks. These descriptions have progressed Money rates were unchanged. Vol- ume was fairly heavy at the opening, with a small accumulation of overnight selling orders resulting from Monday's losses in stocks. Probably the widest losses were shown on the junior securities of the railroads. Chicago & Eastern Illinois 5s touched & new bottom, as did St. Paul adjust- ments and Southern Rallway 4s. Losses were recorded by Denver & Rio Grande Western 5s, Erie general lien 4s, Erie 5s, Missouri-Pacific 5%5s, Frisco 4%%s, Seaboard Airline 6s and Boston & Maine 5s. In the industrial group American Natural Gas 6%s, with & 4-point decline to a new low, showed the biggest loss. Narrower declines were made by Pathe 7s, National Dairy Products 5%s, Ar- mour -of Delaware 5!5s, U. S. Rubber 58, American Sugar Heflnml 6s, Para- mount Publlx 58 and Colon Ofl 6s. Fisk Rubber 8s. a first mnnlife bond, gained & point, but are still selling on & 16 per cent yield basis. The bond re- flects uncertainty over arrangements for refunding $8,200,000 of Fisk 5, per cent notes, now traded on the Curb Exchange, which mature January, 1931. ‘The company duripg 1930 has had to write off huge sums on inventories and the notes are currently quoted at 28';. High-grade domestic issues like Penn- sylvania 4%s, Chicago, Burlington & Quincy 4s, Nickel Plate 4'¢s, American Telephone 558, Duquesne Light 4l5s and Utah Power & Light 5s were lower. Convertibles sagged narrowly. Losses in the foreign department were widest where previous declines had been most drastic. South Americans were all lower, Bolivian 8s by over 6 points and 9% | steadily for the past year. $28,000,000. Washington Stock Exchange SALES. Lanston Monotype—10 at 103. Merchants' Transfer & Storage pfd.—10 at 9415, 50 at 94%,, 50 at 941, Mergenthaler ype—10 at 895, 4 at 89%, 2 at 89%, 10 at 89, 10 al 89, AFTER CALL. Washington Gas 55—$1,000 at 105. Capital Traction 55—8$1,000 at 85. ‘Washington Gas Light—10 at 120. PDWIIII‘W‘/.G Electric 5% % pfd—10 at Bid and Asked Prices. BONDS. X Bid. Asked Wain: Bey. Wash: Rwy. & &I pia. (&) NATIONAL BANK. | d 0 » Washington (13) TRUST COMPANY. Amer Security & Trust Co. (15) Continenta) 6) - of gold imports. For 10 mionths Nerch: nion Frust (8 b T TR already large gold stock in this coun- try is also of pertinent concern in inter- | national banking irters, where it is felt that one of the fundamental | causes of the world-wide decline in | commodity prices is the large stocks of | gold that are being drawn away from many countries throughout the world and are being piled up in the vaults of American mamnnom and in those of the Bank of Prance. Some indication that this situation | may be relieved by a greater Wlllll'-| ness on the part of France to grant credits to her Eu neighbors - is Siate that s muge creai may b nego sta a huge may be ne ated by the Bank of France we'z'l.'l‘c Bank of England, and that this will relieve anxiety in London where there been constant fear that Paris would call back her credits of a short term character which she controls and‘ which are said to amount to $600,000,000. (Copyright, 1930.) INVESTMENT TRUSTS NEW YORK, November 18 (#).— | Over-the-counter market: Amer Composite Tr Shares. Amer Ins Stocks Amer Utll & Ge Am utll & Gen pi Basie Indusyry” Shares Gumulative Tr S Corporate Trust e tee Shares Bauitles Investors: Gorp o Eauities Tnvestors Corp U JOFD.. .. ..o+ i | gtan.— .C'l ri‘::’in g L8 n'fln‘om $1, ”‘ & Pow Shares Others unchanged also in- and SAVINGS BANK. Bank of Bethesda (65) Gommerce & Savings (10 ity savin venth Street Uni (3 Washington Mechanics: ‘(10" FIRE INSURANCE. Amerjean (12) s . 3 Goreoran (19} Flremens (8. Kational "Unfon (18 TITLE INSURANCE. lumbla (6h). al Estate (8h). Title & Inv. Co. M MISCELLANEOUS. ‘& ‘Con a2 .-Ath. Co. ol Fed-Am' Co brd. ( naton Monotype .( Mer. Tr. & Stge com. Mer. Tr. & Stge. pfd, (7 Mergenshaler Einotyge (6 Mtre & Inv Did enTluDr S st. 6% extra. - NEW YORK, November 18 (Spe- 249,000,000 N P 148,000,000 Ne 147,000,000 173,000,000 GHICAGO, November 18 (R) — Butter e Recelpia, 10,007 tubs; steady; nnu. i saat s freie, 20n30; Seconds, lw—ww 2,728 ‘cases; firm; un- rumr_ncu. PARIS, November 18 m.—’l‘m 5 UNITED STATES. (Sales are in $1.000.) Sales. High. Low. Closs. 52 10117 10114 10114 75 1137 1135 1135 FOREIGN. High. Argentine 5% 562, Argentine May ‘61. Argentine 63 Ju 59 Argentine s Oo ‘69 Australia 58 '57... Austria Ts 43, Chin Gvt Ry Copenhag 4 Copenhag s Cuba 534845, Czecho 8 5] Czecho 98 '52 Dan Mun 8s B Denmark 4% s Deamark s ‘42 Duteh Eqst 16 Dutch East 16 Finland 6%s Fram I D 7%s"e2.. Krench 7s 49, %65, . Japanese 6108 86" Jugosl Bank 757, Karstadt 6s *43 Mnnl.vldm s Orfent dev 53, Orient dev '58.. Pm--Ly M 78 Peru 6s '60. PRI Senu-Se 2lunradulic nanmoan wumes Rio de Jan R Gr De Su Rome 6348 Roy D 4845 w Sao Paule 3s 60 Saxon 7 o BT T 6 ‘Bhe.s Swiss 535 46 MISCELLANEOUS, Abitibi P & P 68 53 Alleghany §s 49 Allis-Chalm 6s '37. Am Beet Sug 6 ll Am Chain 65 '33. Am F P 5%s 2030. . | Am Sug Ref Am T&T ev 43 106 106% 108% 102 90% 9% 102% 101% 106% 110% 101% Ass AtRerdeb sa 31" Bell Tel Pa 5s B l Bell Tel Pa 101% 106% 110% 102 105% 101% 1% 508 Chile Cop db 68 *47. Colon Oi1 0 1 ConG N Y 5%s 5. 26 Denver Ga: De Edison 58 ‘40. Det Ed rf 6s B o. % Dodge Br col Donner St 78 '4 Gen Thea Eq 63 '40 Good st 6%s "47.. Goody'r Rub 68 '61. Hum O&R 5%# 62, MBTIstpfbsA. 11] Steel 4348 '40 In: Cement 6 Int Hydro Bl 63 ‘44 Int Match 68 47... InM M col tr 6s 41 Int Pap 6s A 41 . Kan C P&L 68 A Kan Gas&E ¢4 Lackaw St LacGStL Laclede 5% . Laclede 5%s D §0. Lauiaro Nit 684, 2urarmanaSaasans §=!§§'§; - Sebnealars —— -._...-..... FEicEn -k S INJ - StONIN Y ¢%4s'51. Tenn K1 P 6s A 47, Tex Corp ev b8 44 Trans Ofl 6345 "38.. Utd Drug ev 68 ‘53, U 8 Rublst 5s *47.. Utah P& L & Util Pow 6%, Walworth 68 A *45 Warn Br Ple 6a ‘39 Warn Quin :-..—..B. - 1. ‘%.. 1 RAILROAD. You St & T & U Brooklyn Elec Bkiyn Elev ¢ Bklyn Man 6 Brooklyn Un Bkiyn Un EV Bkiyn Un 1s BR&Pitt %851, Can Nat 438 "84 Can Nat 4348’57, . “an Nat ¢%8 68 Can Natl 4% 855, . Can Nat 65 July 69 Can Nat 55 Oct *69. Can Nor 6% db'4¢ Can South 8 Pact - - Son 35 aRmean n EPELL 23 < Rooee 55 i TErS 2555 Siny 99229099 Q L4 =l=l= L] aQ » » 3 o = 4 - SmCan FumSa Sou 4% Eubl RRrf 1*". Cuba Nor 5%s 42.. Del & Hud rf 43 'u Del & Hud §358°31, D& RGren 48’36 D& RGré%s 3. . Den&R G W DRG& W st §s°'18 Erle 1st con ..n...-.’i fl..;s.- o Eem alSeom u N0a% w Gr Norgn 5%s 62, Gr Ner gen s '38. HavEl Ry 5% Hud & M ad) s 51, Hud & M rf 58 '§7.. M1 Cent 48 '62..... 111 Cent ref ¢s "5l Il Cent 4% s NI CCStL&N 4% 8. [l CCStL&N 65 A. Int Rap Tr 68 '66. . Int Rap Tr sta '66.. Int Rap Tr 68 '33.. Int Rap Tr 1. Int&G Nad6s 53 Int Rys C A 5872, Iowa Cent rf 4a'51. SonRmonm Py T Y BraaSall wafm - SRS ‘9 Nor Pacr 1683047, Penn gen 4% 965, Sa.- g TR Brvane :“ 38 3 p:"&'n‘i‘pm. i. = 8 i Low. Close. 108 i & ¥ 538 7 T 101% 101% 80 80 107% 105! wua 80% T3% 49 AS BUSINESS AIDS Auto and Textile Outiooks Brighter—Steps to Help Idle Most Important. Special Dispateh to The Star. NEW YORK, November n—'n- ings f memnh e, -luwughuudlu-. was smaller than the mlnmnnc:opmddoumtm- tirely w{pe out the gain of the preced- eel week. “Here and there ll‘nl of ment are discernible. % held by the U. S. Steel Corponum at the end of October were 57425 tons above the September figure and were greater than those held in October of 1927. Several of the prominent auto- mobile manufacturers are Increasing the number of their 'urnn ln P! aration for increased sales E January, and actual producn\m 'hlh low, has shown less tham the. usual seasonal falling-off. Encouraging re- ports continue to come from the tex- tile industry, with some mills reo) ing and others increasing their worl e, “The fact that elections are out of the way should contribute to more nor- mal business. One of the most impors tant factors is that of widespread or- ganization of Government and agencies to help relieve the unmpby ment situation. Numerous Etate and Federal projects are being let, and work which would not ordin: ba under- taken umtil next Spring many 98% | cases, being start=d at the prmm time. 98y, | Federal 5% thlt 'M farm overhead is reduced. Never before has the country given such concentrated attention to t.hl un- employment problem. These ments should, in themselves, eonmbu rd a return of normal | SALE OF FARM LAND INCREASES IN WEST Bank Records Reveal Active Demand for Desirable Parcels. Special Dispatch 49 The Star. PEORIA, Ill. November 18.—“More sales of farm lands have been made by the 12 Federal Land Banks in the first 10 months of this year than during & like period a year ago. With the excep- unn of those areas where the drought has been most severe, the sales have been mut satisfactory and wl'.h good m.ld by" ;nul Buton. were le li;ner of the Federal Parm Loan neud at Washin, which supervises these here of re u'&&m of represen Loan_ Associations inols lnd ofllchll of the Pedenl Land Bank people moving from me country. In fact, in some u'ul the movement from the farms to the cities has not only stopped but has reversed. Increasing sales volumes s not only rect evidence of farmers’ belief in }nt.rm‘;!'e value of hmbgl; e arming as an lndum cxpuuum conviction_ that now priced lt such stabilized H HEN ther, the report ber 30 92 per cent of the farmers were theh ese are aue and 97 per cent before they be- come 90 days delinquent.” s VISIT GRAVE IN VAIN Friends of Deceased Artist Fall to Receive Mourning Fuhd. CHICAGO, November 18 (#).—There may be, after all, a ray of hope for the 85 friends, relatives and lodge brothers of the late Louis A. Thiel, artist, who journeyed to his grave yes- terday, expecting, but not receiving re- muneration for mourning his passing. ‘They got from $5 to $20 as they stood by his grave last June 17, in ac- cordance with the provisions of his will. Yesterday no checks wm ‘handed out. dun. it was explained, to deprecia- in the value of bonds used as & '.run fund for t.he payments. A. T. Roner, the paymaster, however, took the names of the mourners and promised to pay out the remainder of UI! $2,500 fund, but at reduced in line with the present value the CAPONE’S SISTER TO WED CHICAGO, November l! un —A il yumly marriage license to Miss Mafalda Clpone, u sister of Al Capone, and John Maritote, 22. directory 5 g % | Maritote is listed in the city as a laborer. Miss c-pone healun% admitted her brother “Scarfare A" sang chief- weddl.u plans were an- ——t ol Oood Hflpe 4-cent 1862 wrong color was nlm lanm raeen'.ly for $1,050. Sales. Hi StLIrMot6s'31. 19 101 StL'TM R&G 48’38 25 9 StL&SFinisA 13 844 100 Low. 101 9% T Third Av ref A Third Avadi'Ss ‘60 Ulst & De 5s otf '28 - —— R pRER~ women as Un Pac 4% Un P 1st rf 55 2008 - .:"DOQIOQG 5