Evening Star Newspaper, November 30, 1930, Page 79

FINANCIAL. GURB ISSUES GAIN ON SHORT COVERING Week End Market Closes Higher After Irregular Price Movement. BY JOHN F. COOLEY, Assoclated Press Pinancial Writer. NEW YORK, November 29.—Week- nd covering helped the curb market u‘lyh hlghl;rh !od‘yl A Pl!'loe ehl.ngu throughout the quiet two tradin ‘seeslon were minute, howevcr. and net gains in the active fssues rarely exceeded half a point. Otlls displayed a somewhat better tone on small turnovers. Cities Service, Btandard of Indiana and Gulf finished fractionally higher, although Vacuum and Standard of Kentucky eased a trifie. Natural Gas shares were steady. Newmont Mining and Glen Alden Coal, with advances or more than a point, were among the few issues to move out of the extremely narrow rut. Mines closed virtually unchanged. Covering was most noticeable in the tion. FREDERICK H. COX. Cashier of the Bank, who has been appointed chairman Buch stocks as Ford of England, Zonite, | of the Transportation Committee in Aviation Corporation of the Americas, | connection with the next annual con- Anglo-Chilean Nitrate and Noranda | vention of the District Bankers’ Associa- Total Same period & year ago.... —1 856% 33% % 141 104% luv: 24% Commercial National utilities, but that group, on the whole, acted Indecisively. Electric Bond & Share ran up nearly a point, altbough 1t was able to hold oniy a minor part of its gain. Niagara Hudson, American & Foreign Power warrants and Ameri- can Superpower firmed, while American ®A” and United Light “A” eased. INVESTMENT TRUSTS NEW YORK, November 29 (#).—Clos- ing bid l.ud asked prices on investment trusts follow: Yatee, Blandard Off Bt A. Do. B. S CHICAGO DAIRY MARKET. CHICAGO, November 20 (P)_But- —Recelpls, _ 13,36 4 creamery, extras, extra firsts, 30a31; flrsu, 27a28%; sec- onds, 25%a26. Eggs—Receipts, 2,058 cases; steady; prices unchanged. market. By the Associated Press. Brokers’ loans Federal Holdings (United States) Securfties Car lmdlnn week ending November 15 Crude ofl production (barrels) S A R T gg‘,:,““fj £$40.498,000 Bow ftancing.... 847546 1000 “ee 2-234% . 2%~3‘7¢ FIRMER COPPER PRICES ARE NOTED BY TRADE| By the Associated Press, | NEW YORK, November 29.—A slight Commonwealths “A,” American Cities | firming of prices in the domestic cop- per market was reported today, on the basis of sales by a leading custom smel- ter at 11 cents a pound, delivered, an increase of % cent a pound over the smelter's previous quotation. Producers are continuing to hold the metal at 12 cents a pound, delivered, a price established more than a week ago, but dealers and custom smelters have been selling copper at concessions of 1% cents from that price. It was said in the trade that the smel- ter selling at 11 cents was one of the fected mcome leading interests in the shading of do- and Al % | mestic prices recently. authorities report that there is little demand for the metal, and said that little impon.ance was attached to the increase in price in view of the dull et e ‘The British Foreign Legion has asked an investigation of charges that popples are being sent into Britain for sale on Armistice day when those made by dis- abled soldiers at home are sold for the ex-service men'’s Leading trade Last week Same week "29 $2,185,000 ‘3.12?,29}1 9% $595,773 $326,008 3,040,982 2,987,428 05,037 912,349 8,405,634 10,212,608 881,401 982,926 2,304,550 2,633,250 13,223,920 8,086,570 $46,519,000 $53,207,000 ‘93‘977.30%2 $35, 006 000 2-2% % 2%-3% WASHINGTON. STOCK YEAR 1930 TO DATE EXCHANGE | i 69 26% 46 (Reported by W. B. Hibbs & Co., Hibbs Building, Washington, D. C.) SALES OCCURRING ON THE WASHINGTON STOCK EXCHANGE FOR 130 UP TO AND INCLUDING FRIDAY, NOVEMBER 28. BONDS. Anacostis & Potomac Riv. R. R. 1st 55, 1940 Anacostia & Potomac Riv. R. R. guar 8s, 1949 C. & P. Telephone of Va. 55, 1943. Capital Traction 1st 5s, 1947 . City & Suburban Rwy. 1st 55, 1948 Georgetown Gas Light 1st 5s, 1961 Potomac Electric Power cons. 5s, 193¢ Pot. El. Pow Gen. & Ref 6s, 1953. ‘Washington, Baltimore & Annapolis 55, 194! Washington Gas Light gen. 55, 1960 ‘Washington Gas Light series A Ss, Washington Gas Light series B 6s, ‘Washington Railway & Electric cons. 45, MISCELLANEOUS. Barber & Ross, Inc., 6'3s, 1936. District of Col. Paper Mfz. lst Potomac Joint Stock Land Bank 5s, 1934. Washington Cons. Title 6s, 1951 ‘Washington Market 5s, 1038.. STOCKS. Par Div PUBLIC UTILITIES. value. rate Capital Traction 3100 34 Norfolk & Washins N. & W. Steamboat rights . 952 Potomac Electric Power pfd. Potomac Electric Power pfd. ‘Washington Ges Washington Rwy. & Electric com. Washington Rwy. & Electric pfd.. NATIONAL BANKS. Capital Columbia Commercial District ... Federal-American Lierty . Lizcoln .. Metropolitan Riges Becond Washing TRUST COMPANIES. American Security & Trust. Continental ... Merchants' Bank & Trust.. National Savings & Trust Prince Georges Bank & Trust Union Trust ) Washington Loan BAVINGS BANKS. Bank of Bethesds. 40 East Washington. Potomac Savings (new) Becurity Savings & Comm Washington Mechanics PIRE mlvluml:l American Piremen’s National Unton Title & Inv, Co. of Md com MISCELLANEOUS. Barber & Ross, Inc., com. . €hevy Chase Dairy pfd.. Columbia Band & Gravel pid. Commercial National Co. pfd. D. C. Paper Mfg ptd. Dist. Natl. Sec. pfd.. Emerson Bromo-Seltzer Pederal Storage Co. pfd. Federal-American Co. com. Federal American Co. pfd Lanstcn Monotype . Merchants® Transfer & Stge. SecurRy Storage Termins) Ref. Whe. Corp ‘The Carpel Corp. ‘Washington Mech. Mtge. Co. com. Washington Medical Bidg. Corp. ‘Woodward & Lothrop pfd. UNLISTED DEPARTMENT. Army & Navy Ss. 1961. . Cosmos Club 4%4s (retired annually) Metropolitan Club 4%s, 1936 . .. Chapin-Sacks pfd.. Chr Heurich Brewery. District Title Insurance. Approx. 1d to Open. High. Low. Close. masurity, 85 82% 83 6.60% 95% 90 5.40% | 98 8% 8 80 100 100 L4 6% 103 ¥ 36% 65 103 99% 100% 101% 8 81 52 91 88 [ | 2 Approx. | 184% Low. Close. ~ yield. 49 49% 8% 210 355 355 120 130 u2% 112% 30 235 450 us s 45 iy n e 8% 165 1N7% 109% THE SUNDAY STAR, WASHINGTON, D. C., 'WEEK ENDING NOVEMBER 29, 1930. Last Weex 2,115,900 8,589,900 number of shares sold. Stock_and dividend. 3% Acetel Prod A: % A’nautical Ind 5 Aero Underwrite: . 10% Affiliated Prod (1.60).. 68 Agfa Ansco pf.. 5 Ainsworth Mfg (1). % Alr Inv Inc. vte . 87 Ala Great Sou pf({13).. 100 Alabama Power pf (6).. 10% All Amer Gen Corp. 2% Alleghany Corp war, 1% Allezheny Gas Corp 5 Allfed Mills Inc(60c Aluminum Co of Am 105% Alum Co Am pf (6) 13 Alum G'ds M (1.20). 71 Aluminum Co. Ltd... 96 Alum Ltd cum pf 6) 1% Amer Austin Car. 4% Am Br Bo FI Fd Shs. ... 124 Am Capital (A) (+1%).. 5 Am Capital (B) 0% Am Capital pr of (5%4).. 60 Am Cigar Co..... 27 AmCit P&L A (a3). 6 Am Cit PAL(B) (b10%) 14% Am Cmwlith P A(b10%). * Am Comwlith Pw Bb10% Am Cyanamid (A) Am Cyanamid (B) Am Dept Stores. Am Dis Tel, NJ ¢ 6% Am Equities 5% Am Founders (bi-70). 74% Am Gas & El (31). Am Laundry Mach (4).. 40 AmLt& Trac (2%).... 37 Am Manufacturing (4).. % Am Maracaibo. : 5% Am Natural Gas 21 Am Potash & Chem (1). 15% AmStPSA (1.60). 10% Am Superpowr (40c). 92 Am Superpwr 1st pf(6). 8% Am Ut&G(B)v.t.c.(35¢). 4% Anchor Post F (b10%). . 13% Anglo-Chilean Nit. Appalachian Gas. 71 Ark N G cm of (60c). 24% Armstrong Cork (1)... 8% Art Metal Works. .... . % Asso Dyeing & Printing. 4% Asso Elec Ind Ltd(30¢). 17 Asso Gas & Electric. . 16% Asso G & E A (at2.40) 1% Asso G & E deb rts. 1% Asso Gas&El pur rts. 6% Asso Gas & Elec ctfs( 88 AssoG&EDpf (5). 1 Asso Laundries. 1% R 38% A DRlVoan(Il . 19 Asso Tel Utll (b8%). .. 60% Asso Tel&Tel (A)(17%) 5% Atlantic Coast Fisherles % Atlantic Fruit & Sug. % Atlantic Lobos pf. 10 Atlas Plywood (2).. 4% Atlas Utilities Corp. 1 Atlas Utilities(war). ... 5% Auto Vot'g Ma cv pr pt. 22 Aviation Corp Am. ..... 6 Aviation Sec.New Eng. . 3 AxtonFT. A (3.20) 1% Bahia Corp.. - 1% Bahia Corp pf. 1% Benson & Hedge! 14% Bickfords, Inc (1) 24 Bigelow-Sanford Carpet. 13% Bliss Co (EW) (1). ... 3% BlueRidge Corp (p20c).. 30 Blue Ridre cv pf ( 12% Blumenthal (S). ... 11% Borne Scrymser (2) % Botany Mills. .. 20% Brazil Trac & Lt . 214 Bridzeport Mach (25¢).. 5 Brill Corp. A (§5c) 5 Brillo Mg (30c)..... 23% Brit AT cou B 1.17 8-10c. 43 Buckeye Pipe Line (4).. «24% Buffalo, N&EP pf(1.60) 20 Bulova Wevof (3%)... 50% Bunker HIl &S (16%). 5 Burco, Inc... % Bureo. Inc. war. 2% Burma Corp. rets (t31c) 6 Butler Brothers (30c)... 2 Bwana M Kubw COD.... % Cable Radio Tub vto.... % Cabl & W Ltd A rcts. 1% Cabl & W Ltd. B ret 214 Gable&Wire pf rcts 19¢. 2% Canadian Marconi...... % Carib Syndicate. ceen 59% Celanese Cor pf (7). . 48 Celanct 1st pf (17%)... % Central Atlantic State .18 Cent Hud G&E n(80c) 103 Cent Hud Gas&El pf(6). 14% Cent Pub Sve A (al.75 19 Cent Pub Sve. Del...... 78 Central Pub Sve pf (6).. 88 Central Pub Sve pf (7). 16% Cent & Swst Util (b6)... 8 Cent States El(k40c). 70% Cent Sts El cv pf ri(a6). 59 Cent States Fl pf(6)xw. 4% Centrifugal Pipe (60c). 1 Chain Stor Development 64 Chain Stores Stock . 15 Chat Ph Al nv (50¢) 100% Chesebrough Mfg(16%) 5% Chicago Corp (The) 106% Childs Co. pf. (7). 424 City Sav Bk Ltd (4. Service(g30c) Service pf (6). . Elec Illum (1.60) T% Cleveland Tractor 8 Club Alumn Utens! % Colombia Syndicat. 2% Colon Ofl..... 6% Columbia Ofl & Gas vto. Golumbia Plet (f1%)... Com'with Edison (8). 1% Comwlith & Sou (war) 1% Comstock Tunnel 8% Comm Wat Serv b6%. % Consol Auto Mer ctfs. .. 1 Consol Auto Mer cum pf 2 Consolidated Copper-. ... 5 Consol Dairy Produci 82% Con Gas of Balto (3 16 Consol Gas Utl A(2.20). 4% Consol Gas Util B. v.t.e.. 10 Consol Laundries(1). 45% Consol Trac of N J (4).. 49 Contl Share cv pf (6). 51 Contl Shares pf B(6) . 20 Cooper Bessemer (2), 34 Cooper Bess DfA(3) €% Copper Range. . Cord Corp. 1% Corp Secus of Chi (b6%) 6 Corroon & Reynolds. ... 49 Crn & Rnlds pfA 1% Cosden Ofl. ... 3% Creole Petroleum. % Cresson Consol (4c) 7% Crocker Wheeler % Crown Cen Petrol. . % Crown Cent Petm (n 6% Crown Cork Intl A ((1) 22 Cumbeland P L(t18) 16 Cuneo Press (21%) 1% CurtissAirpris v te. % Curtiss Wright war % Cust Mex Mining. . 4% Darby Petrolm new (1). 10% Davenport Hos (2)..... 1% Dayton Afrplane & Eng. 46 Deere & Co (k1.20) 2 De Forest Radlo. 12 Deisel W Gilbert 2 Derby Ofl & Refin. 1% Detroit Afrcraft Co: . 11% Diamond Match (new).. 24% Dia Match cu pf (new).. Dow Chemical (2). . Dres (8 R) Mfg.A (3%). Driver Harris (new). Dubilier 4 Duquesne Gas Corpw.{ 0 1% Durant Motors 2 Duval Tex Sul w.i. 19% East G & Fuel Asso. 14% East Sts Pow B (1), 6% l:uurn Uil Asso cv. 38% Elec Bond & Share (b8). 102% E) Bond & Sh of (6).... 91 Elec Rond&Sh cu pf (5) 12 Elec Pow Ass0 (1).,.. 11 Elec Pow Aswo A (1)... 19% 121 P & L opt war. i 90% Elec P&L 24 pf A (7). 9 Elec Shareholding (1) 76 Elec Sharehold pf(aé) 1% Empire Corporation. ... ll% lnmnw vf") ire Gas&F cm pf(8] llh Iflpin Pwr pt (14, This Y 206,351,045 446,958,270 ot E N ] tit®gre FRALES FRTLALL e 0 T4+ 110+ e A AE I r T |I)'+‘ LI+ #4010 #1410 FREOER FENF F - £ X 80 SRR A ++ HIHTEE L 1+ 4+ +Il~ 0110 o sexx VesVs 22 =% - & @ FEE 2 s Bx e sFrersa e FEE FF Q2 nov FF FF FeESER ¥ forey EEF ¥ srsEFsres » & o ¥ o= * FEE e 10w e 225l 2 s 7" Fulr Ssker B8 B8 & . _ Stock and dividend. Emp Pub Sve A (al1.80). Empire Steel Corp. Emplyrs Reins(1%) Engineers Gold. .. . Europe Elec, Ltd A Euro Elec, Ltd deb rt: Evans Wall Lead. Fabrics Finish. Fageol Motor. Falrey Avlatn Ltd (12¢) Fajardo Sugar. Falcon Lead. Fandango Corp. Fansteel Prod. Fedders Mfg Co (A) Federated Capital. Federat Metals (11 Ferro Enam A(t4%) Fiat recsipts (1.35) Florida P & L pf(1). Foltis-Fischer Corp. .. 2 Ford Mot,Can (A) 2.10, 22 Ford Mot, France (28¢c). 9% Ford Mot, Ltd (37%c).. 16% Foremost Dairy pr pf. 4 Foremost Fabrics. Foundation Fer Sh Fox TheatersClassA Franklin Mfg Co. General Aviation General Baking. . General Baking pf (3). Gen Capital Corp. . Gen E Ltd rets(50¢). Gen Empire Corp (1) Gen Gas&El cv pt B (6). GenSilk 1st pf. Gen Theat Eq w.1 Gen Th Eqcv pf w.i.(3). Gen W W & El A(2). GeorglaPowerpf (6) . rrard (SA) (1%). Gleaner Harv. new (2 Glen Aldon Coal (8). Globe Underwrit (30¢) Gold Coin (new' Gold Seal Elec new. .avs Golden Cenver. Goldman Sachs T C. Gorham. Inc pf (3) Gotham KnitbacMch Graymur Corp. ... 27 Grt A&P Tea nv (15.25). 185 Grt A&P Tea pf (7). 119% Grier Stores pf (7) 35 Grifiith (D W) (A) Groe Strs Prod v.t Guardian F Assn (2 Guardian Invest. . Gulf Ol of Pa (1%). Hall Lamp (60c) Hartman Tobacco. Hazeltine Corp (2) Hecla Mining (1) Helena Rubinstel Hires (CE) Co A(2) Hollinger Gold (60c) Horders, Hudson Bay M Humble Ofl (1214) . Hydro El Ree.(2). Hygrade Food Prod. TP &L empf (6). Imp Ofl of Can (50¢). . Imp Oflkof Can reg (50c) Imp Tob Grt Brit (89c) Ind Pipe Line new (13) Ind Terr Ilu Ofl (A) [ndusFi ctfs(b10%). Indus Fin ev of (7) Insull Inv(b103; %), Insull Util 24 pf (6) Ins Co of No Amer (+3). Insurance Secur (60c). .. Intercont Pete new Int] Petroleum (1) Intl Products. . . Intl Safety Raz B(2%4). Internatl Superior (£1) Int Utilities A (3%).... Internatl Utilities (B). . Int] Util war (new). Int Util pt pf (7). InterstateEquitie: Interst Eq cv pf ¢ Interstate Hose Mi Interstate Power pf ( Iron Cap Copper.... Irving Alr Chute (1) Italian Superpowr A Ital Superpower war Jonas & Naurpburg. Kirby Petroleum. . Klein (H) pt pf. Kleinert Co (1) Knott Corpn (a1.60) KobackerStores (2) Kolster-Br(Am shs Koppers G & C pt (6) Lackawanna Sec (4) Lake Superior Corp. Lakey Fdry & Mach.... Lefcourt Realty (11.85). LefcourtRity pf(3). Leh Coal & Nav new Leonard Ofl....... 3 14% 27% Lion Ofl Refin (2). Loew’s. Inc (war). Lone Star Gas (1). Long Island Lt (55¢). Louisiana Lan & Ex. MacMarr Stores (1) MagdalenaSyndicas MangelStores pf (6% Mapes Con Mfg (13%5).. Mnrconi Int Mar (38c) ‘on Stm Shovel Ml Util Asso. . Mavis Bottling. Mayflower Asso (12) Mead Johnson(+4%) Meadows Mfg Co. Memphis Nat Gas(170¢) Mercantile Stores(1) Met Chain Store Mexico-Ohio Ofl. Mid Sts Pet v.t.c. A Mid Sts Pet v.tc. B. .. Mid West Sts Utll (1%). Mid West Utll (b8% ) Middle Wst Ut pf xw(8) Midland Stl Prod. n (2). 184 28% 21 98% 16% % Midland United (war). Midvale Co (4). Miller & Sons (2) Mining Corp of Can. Mo Kan Pipe L (b10%). MissK PL v.te. Miss River Pwr p: M:ss River Fuel bd Moh Hud P 1st p£(7) Moh Hud P 2d pf(1). Mohawk Mining (4). Mountain Prod(1.60) Municipal Serviice Nat Amer Co.... National Aviation. 3 Nat Bond & Share(75¢).. 82% Nat Dairy Prod pf A(7). 107 Nat Elec Power A(1.80). 24 Nat Fam Stores (b10%). - 6% Nat Food Prod (B) 1 Nat Pub Sve pf (7) NatPScvpf wwil Nat Rubber Mach(1) Nat Screen Service (2 Nat Sh T Sec A (150¢)... Nat Sugar NJ (2). Natl Transit (1). Nat Union Radlo. Nauheim Pharmaci Nauheim Pharm pt. Nehi Corp (1.30). Neht Corp pf (5%) Nelson(Herman) (1) Nestle Le Mur. .. Nevada-Calif Electric Newberry (JJ) (1.10)... New Brad Oil (50c) . New Eng Pow pf (6) New Jersey Zinc(13) Newmont Mining (f4) Newport Co ll) yalty N Y Steam Cp n w. N Y Tel pf (8%4). N. Y. Transit (11. Ning/ H: Powar (400). Ning-H. Pwr A war. ... Niag Hud Pwr (B) war., Niag Shares. Md (40e). . Niles-Bem-Pond m%). it Niptssing (30c). Noma El Corp (80¢). Noranda Mines (2) Nordon Corp Ltd. . Nor Am Aviation A war NoAmSec Util 1st pf(6) Nor Central Texas. North & Sou AmCor p A. t % Nor European Oil Corp, 1% 26% Northn Pipe Line(15)... 30 '+ I FUCELE e © F ERFEE EREF ++ - U+ +00 - FIHE AR 114 +14+ +11L1+04+1 ++4l 100 +1 - £& FF o = F=Fe ) B PER FE EEF 8 §;S§S. = FEESEFEIEER *.rf#"x;#???: - FEFEFL Fex gxFryes " £ | - sresrfee LIRS Ciig - LIV LI~ +4 1 1+ FRFEESFRRLE £F @ * 2ed gaf - " NOVEMBER 30, 19 . Bteek and dividend. North Stat Pwr A(8)... Nor States Pwr pf (6).. Northwest Eng (2). Novadel Agene (13%) Ohio Bell Tel cum ot (7) Ohio Power pf.(6). . Oflstocks LtdA (50¢c). Outboard Mot (A) Outboard Mot B. . Overseas Securities (1). PacG&E 1stpf (1%).. Pac Pub Ser (1.30). 1, Paramount Cal Parke Duvis&Co(11.¢ 65).. Patterson Sargent (2).. Pender (D) Gr A, (3%).. Pennroad Corp (20c). Penn-Mex Fuel (3). Penna Water & Pwr (3). Pegples L&P (A) (a2.40) Perfection Stove (4%).. Philip Morris Inc. . Pie Bak of Am (A) (2).. Plerce Governor. .. . Pilot Radio Tube(A).. Pitney B P& n(20c) Pitts Plate Glass (2)... Plymouth Oil (2). Polymet Mfg (b4 % Power Corp of Can (2). Premier Gold (24c)..... Prince & White(25¢)... Prince& Whitely nf3. Prod Royalty Corp (f1). Prudential Inv. ... Pub Util Holdings (snc) Public Util Hold war. Pub Util Hold xw (Bflt) Puget Sd P & Lt pf (5).. Puget Snd P & Lt pf (6 Pure Oil pf (6). Pyrene Mfg (80c. Radio Products (2) Ratlroad Sh Corp(25¢). Red Bank..... Reeves (Dan'l) (1%) Reter-Foster Relfable Strs (b5%). Rellance Intl (A).... Reliance Management Reybarn Co. Reynolds Invest Rich Oil of Cal p! Rike Kumler (2.; N) Roan Antelope Min R'kland Lt & P (90c) Rolls R Ltd retst50c. floouvnlt Fleld. Inc. la Intl Corp. Ryln Consolidated. Ryerson (J) (2).. Safeway S w(2d) (C) & St Antony Gold. Schlettr & Zandr pf(3%) Schulte Real Estate Schulte Un bc to$1 8. .. Seaboard Utilities (50c) Secur Corp Gen (40c) Seeman Bros (3). . Segal L & Hwde(50c) Seiberling Rubber. Selected Industries Selec In all ctfs(4%) Sel In 75%prior(5% ) Shattuck Den Min. Shawingan W & P ( Sheaffer Pen (13) Shenandoah Corp Shenandoah Corp 'win Willms (t4%). Silica Gel ct. . z Singer Mfg (119%). Sing Mfg Ltd rets(23c) . Smith (A O) (2). Sni Viscosa rets. Solar Refining. . South Am Gold&Plat South Penn Of1(12%). .. 8o Cal Edis pf (B) (1%) Sou Calif Ed pf(C)(1%) Southern Corp......... Southern Pipe Line (+2) Southland Royalty (60¢) Southw Dalry Prod So West Gas Util. Sou Wn G&E pf ( Southwest Pen P L Spanish & Gen rcts. Spleg-M-Stn pf(6%). 81 Stand Cap&sS new (2. m 61% 9 352 4 eeve. 149 FINANCIAL, +1 1+ © x2sF - +1 1 +14101 FRESESSRE EFEFEST 1i++4+1] L+ 1411 2255 s 5 + 4141 1 2 Tsxex w i (EE S SRR E AN s2F 225y EEEF FEEFSFE ¥ TPRILIEE 134181 e N - £ EFEEE FF ¥ EEEF 9 1% 8% I+1+ ® Stand Oil of Ohio(5) Stan Pow & Lt pt(7).... Starrett Corp. .. Starrett Corp pt (3 Stein(A)&Co cu pf(6%) Rot! . Slromb-rl-Clrl (1y%).. Stutz Motor Car........ Sullivan Machine(2) Sun Investing.... Sun Investing pf (3) Taggart Corp (1)... ‘Tampa Electrie (32) Technicolor Ine. .. Tenn El Pw 1st pf(1). Texon Ol & Land (15) Thatcher Sec Corp. ..... ‘Timken Det Axle pf (7). 10: Tobacco&Allied Stks. Trans Alr Trans. Ungerlelder Fin Corp... Unfon American Inv. Un N G of Can (11.60) UnionTobacco. Unit Carr Fastene United Chem pf (3 Unit Corp wau Unit Dry Docl 3 Unit Found (b2-35 lh).. 9% Unit Gas Corn % 8% 90 United Profit Sharing. . US Elec Pwr ww. U S Elec Pwr (war)... U S Fin Holding. U S Finishing., U 8 Finishing pf S Fofl Co. B (1).. Unit Verde Ext (2) Utah Apex (50¢). . Utah Pwr&Lt pf (1) Utility Pw & Lt(al) Util P&L cfs B(al1.02%). Utility & Ind. . 5 Utll & Ind pf (1%). Utility Equit! Vacuum (14%) Veeder Root (2 Vic Finan Corp(400) -« Waltt & B, A (2)..ueue Walgreen Co. . Walker (H) (1). Walker Mining (7%¢) Watson (JW) Co. Wayne Pump. Wenden Copper. 3 % “ il-Low Cafeter pf. Winter (Ben). “Y” Ofl & Gas. Zonite Products (1). Comm Edison. Peoples GL&C 19 Public Srv No Ill tes in dollars based 27 33‘;‘) MOVEMENT TO CUT INTEREST ON BANK DEPOSITS GAINING Special Dispatch to The Star. NEW YORK, November 29.—A move- ment toward lower interest rates on bank deposits, which has been gro for some weeks, ed momentum to- day after the announcement of the New ‘Iork Federal Reserve Bank that the Treasury Department will pay 1% per cent to depositaries of Treasury funds after next Monday. The current rate is 2 per cent. Banks have been receiving deposits of Government funds in connection with their subscriptions to Treasury issues. The profit on the deposit has frequently been sufficient to permit in- stitutions to pay high rates for Gov- ernment paper. The same practice exists in such States as New York and New Jersey, where successful bidders on State bonds receive State funds on which they usually pay 2 per cent. In periods of high money or active and strong securities markets they are able to show & substantial “spread” to cover premiums paid for these bonds. It is expected that the New York Clearing House Association will shortly take action on the question of interest mymen'a Iry the members of this body their depositors. Rates have al- rendy been reduced twice this year, first at the end of March and then on 15th June 26. The second cut was to the prevailing rate of 14 per cent. Savings bank institutions are also actively discussing the questions of re- ducing their deposit rates after the first of January. On October 1 a con- siderable proportion of the mutual sav- ings banks in Greater New York low- ered their rate from 41 per cent to “ 4 per cent. It is believed an announce- ment will be made some time in De- cember of a similar move on the part of the remaining institutions that are now paying 44 per cent. NEW TREATISE ON BONDS. A new ready reference book, designed to ald municipal bond buyers through- out the country, has been prepared for distribution by the Chemical Securities Corporation, affiliate of the Chemical Bank & Trust Co. The new guide, printed in pamphlet form, covers in detail the standards applicable to all municipal bonds and the requirements incident to their legality in New York, Massachusetts and Connecticut; the re- quirements for postal savings deposi- tories and those set up by the larger insurance companies. L1+ ++ 2" "sx i+ STl el 4 UL #4100+ 04011+ T4 +0 #4000+ TI4+1 )1 +1++ +1 1+ +1 0+ EARNINGS REPORTED. NEW YORK, Novambcr 29 (&) —Per T share earnings of tions report- $ Fx Fesrs"s - EREFESF #*; EEEEFES - Fx"E s2sd "RFR sxrelesy sr¥x corporal ing this week, with comparative fl(\ml tcr the corresponding include: Three months, Sept. 30: A P. W. Pi Coca: Cola fl'z-rmun.i Checker Cab M: Sws oront 25258 ===== PronwErLeD a2 Sa38223y: > Western Maryland. Arundel Corp. Bangor Arm Year, Sept. Canada DEy Ginger Ale. Libbey-Owens-Ford Glass ... . HEADS ICE BODY. period last year, BOSTON, November 29 (Special).— Edward L. tary and tres Cambridge Trust Co. and president of the National Service Companies. Exports from the United States to the Orient are again increasing. Open Until 5:30 P.M. Tomorrow for Payday ¢_iepositors' convenience. The Survival of the Fittest V \/ HEN deciding the ques- ; tion of a depository for your Payday or other funds, bear in mind that the Metropol- itan has weathered the financial storms of over a century — always affording its customers 100% service and security, TAs little as a single Dollar will identify you with Our Savings Dept. Appointment in all fiduciary capaci- ties invited by Our Trust Dept. National Metropolitan Ba 1814—OLDEST NATIONAL BANK IN" “E DISTRICT OF COLUMBIA—1930 Street Opposite 15 Capital, Surplus and Undivided v 2B