Evening Star Newspaper, December 3, 1930, Page 14

1S COFEESALES TOTAL SS000000 - 110 Many Central and South! i1 American Countries Ben- efit by Trade. 4% 265 15% 97 BY J. C. ROYLE. It the people of the United States were to change their habits of | depemum on the amount of coffee consumed this year and next year by lhn people of the United States, while to same citizens as tea con- 'umm would entail disaster to India, | China, Japan and the Orient. i Since the days of the old tea clippers, | pride of the American merchant marine, trade with the Orient has num- tea among the major commodi- | | Average Consumption. H It is estimated ihat the average con- sumption of coffee in America in 1930 will be around 9 pounds per person. ‘This !‘I,fure is arrived at through re- amount of coffee roasted :nd ground in this country. It does not represent the sales from retail stores but closely approximates them. The amount ground and roasted will exceed 1,000,000,000 pounds this year. THe re- tail value of the product at an average of 35 cents a pound would ther:fore be | above $350,000,000. ‘There are at least seven Latin Amer- | lcan countrigs which are dependent to | some extent on the fat> of coffee, but 50 long as the fragrant beverage con- tinues to pass in such streams down American throats they have something to count upon. There are huge stocks in Brazil, Colombia and other coun- tries today and the new crops seem Lkely to be larger. However, there is no l}kemwod of a diminution in con- sumption, and a return to prosperity is | declared to depend on equalizing sup- | pliu m demand. gevple of the United States are | extensive tea drinkers as some vtlm‘ nations, notably Great Britain, Canada and Australia, but a huge amount is consumed here. Normally tea is a commodity which is handled at & profit in retail stores, but the political _unrest in the orient and the drop in lllm incident to heavy stocks and the placing of India on a gold basis have disruj ted the tea market, which is susceptible to changes in l'l'a ol Yoreign exchange for the pro- | Tea Sales. ‘Tea sales in the United States !’ep- resent from two-tenths of one per cent to one-half of one per. cent of the total hlu of grocery storgs. The difficulties faced by the retailers seem to be due to failure to standardize brands and pack- 2ges. It is revealed by a Government separate items, of which fewer than 30 & profit. The number of brands | increased even faster than -tea | Susceptibility to alterations in for- also is noticeable in the . Something like 55,000,- of spices will be ground in thl- country this year by the 900-odd -fihulhmen wholly or partly t trade, while jobbers and retailers | an additional tonnage for or other retail units. The oximate $20,000,000. pyright, 1930.) IVIDENDS DECLARED NEW YORK, December 3 (#).— -QI'IIIP. Rate. me -;»' of Tetars: Dec. Note pf.75¢ Vi S A 3 ol =nllu 8 o «BHEE 53! < 1651 1930~ Low 106% Tl 12 1 195% 514 591 3214 504 (" 16 3% 19% 5 2% 65 25 484 12! 36% 11 44% 55% T 41 " 55% 97 94% 10 20% 50% U 8% 16% M 244 27 374 23 3 4 40% 17% 245 3% 52% 3 15 66 106'% PubSv NJ pf |l)‘.. 107% 10% 934 44 12% 63 17% 304 14% 41% 5% 7 29% 26% 61% 70 25% 45 1% 6 45 3% 48 1% 3% 16 20% T4 65% 1n 7 11% 10% 1% 95% 11% 103 43% 3% 964 62 % 9% 3 1 6% 14% 3 63 NEW YORK STOCK EXCHANGE Received by Private Wire Direct (Continued From Page 13.) Stock and Dividend Ra NY Lack& W NYNHG& Hart ¢ NYNH&HNoof (7)., N Y Raflwavs pf. . Norfolk&West (112) North Am Aviation.. Nor Am (b10%stk). . No Ger Lloyd (3.43). Northern Pacifie (5). Norwalk Tire & Rub. Ohto Of1 Co (2). . Oliver Farm Equi Ollv F Eapf A (6). Oliver Farm Eq ev Omnibus Corp. Omnibus pf (A) (8) Oppenheim Col (3) Otis Elev n (2%) Sales— Add 00 High. Low. . 30s 105 105 1 84% B8dk 7116 115% 1 1w 1% 2 208 2074 4 6% 6% 90 73 71 3 34u 33% 54% 534 9% 39% 11 1 49% 49 59% 594 Owens 111 Glass (3) Pacific Coast 1st pf.. 108 Pacific Gas & Bl (2). 3 Pacific Lighting (3). Packard Motor (60¢) Pan-Am Petrol (B) Penney (J C) (3) Penna RR (4). Pere Marquette Pere Marg pr pf (5). Petrol Corp (1% ) Phelps Dodge (3) Phila Co 6% of (3 Phila Read C & I. Philip Morris&Co Phillips Petrol (n2). Plerce Ofl pf........ Pierce Petrolm(10¢). Plllsbury Flour (2).. Pirelli Italy (a3. u). Pittsburgh Coal. ... PIttF W & C pf (1).. 10 Pitts Terminal Coal.. PR Am Tob (B).... Postal Tel & C pf (7) Prairie Ofl & Gas (2) Prairie Pipe L (15).. Pressed Steel Car. .. Proct & Gamb (2.40). Prod & Refiners. . Prod & Refiners pf.. u Pub Sv N J (3.40). 3 1 10« m,. 20% ZD\i 38% 37% 25 24% 158% 153% % 4 Teamanmmemna 40 40 Se DB W R 112% 112% PubSvE &G pf (6). 111 Pullman Corp (4).. Pure Ofl..... Pure O1l of (8). Purity Baker!s Radio Corp RR SecICstkC (4 Raybestos Man 2 60 Real Silk (5) Rem Rand « 204 Reynolds Tob B (3) Richfield Of1. Rio Grande Ofl. Ritter Dent Ilf Insur (2.20).. Dutch u3.2165. - 22% 21% 4% 41% 51% 51 S MR R waRE e NS wNON St Joseph Lead ('l). St L-San Fran (8)... St L-San Fran pf () 8t L Southwestern St L Southwesternpf Seab’d Air Line pt. Segrave (1.20)... Sears Roebuck 12% Second Natl Inv..... Sec Nat Inv pf (5). Seneca Copper. Servel (ne. .. Snarp & Dohme. Shattuck(F@) (t1%) Shell Union Ofl...... Snell Un Ofl p? (5%) Stmmons Co. .. Simms Petroleum SinclairCon 0il (1) Skelly O] (2).. Snider Packing pf. Solvay Am pr ww 5% Sou P Ric Sug (1.40) Sou P Ric Sug pf (3) Southern Cal Ed (2). Sou Dairies (B) Southern Pacific (8). Southern Rwy (8)... Sou Ry M&Oect (4).. Sparks Withing (1). Spear & Co. ... Spencer Ktllol(l'e) Splegel-May-Stern. . Stand Brands(1.20) Stand Comm Tob StandG & E (3%). ® -1 PR oAt~ 2 4TH 4T% 2 4l 4 § 1025 100% l 2 s i 1 ’i 2 1% in s 3% 1 wock. "\ Bliis 8% 1n.stock m Plus T Pius 14% 1 stoc i’hu 108 T ‘prefecrad s te The Star Office. Stock and Dividepd Rate. Stand InPest Corp. Stand Of1.Cali (h2% d Ofl Exp pf (5 d Ofl of Kan (2 Stand Ofl of N J (12)° Stand OI1 N ¥ (1.60). Sterling Sec (A). Sterl Sec pf (1.20). Sterl Sec cv pf (3). Stewart-Warner (2). Stone & Webster (4). Studebaker Corp (3). Submarine Boat. Sun O1l (1) Sun Oil pf ¢ Superior Ofl Superior Steel Sweets of Amer (1) Symington (A).. Tennessee Corp (1) ‘Texas Corp (3).. S = o - PN VT] - LT OTOITOL- VPO Thermotd Co. Third Avenue Third Natl Inv (a2). Thompson Starrett. . Tide Water As (80c) Tide Wat Ol (pf (5). Timken Det Ax (80c) ‘Timken Roller (3)... Tobacco Products Tobacco Prod A t95c. Transamerica (1) Tri-Cont Corp. . 4 Tri-Cont Corp pf (6. Trico Prod (23) .. Truscon St] (£1.20).. Twin City RTr (§4). Twin City RT pf (7) 10s Una-Ell-Fischer (5). Union Carbid ) Union O1l, C: 3 Union Pacific (10). Un Tank Car (1.60 Utd Alrcraft. Utd Afreraft p UnitedBiscuit (2) Utd Carbon (2). Utd Cigar Stor Utd Cigar Stores pf. % Utd Corp (50c. Utd Corp pf (3) Utd Electric Coal. Utd Frult (4).... Utd Gas & Im (1.2 Utd Plece Dye W (2) Utd Stores (A). Pipe & F (2). P&F 1st (1.20) Realty&lmp(3) Rubbe; caaaqaacda nunnunann Univ Pic 1st pf (8, 4 Univ Pipe & Rad. Util Pwr&Lt A 2. . Vadasco Sales Corp. . Vadasco Sales Cp pf. Vanadium Corp (3).. Va-Car Chem. ... \lEltPo'Df(‘).. 101 Vulean Det (4)...... 20a Waldorf Systm (1%) 1 Walworth Co (2). 1 Ward Baking (A) Ward Baking (B) Warner Bros Pict, Warner Quinlan Warren Bros (3). ‘Webster Eisenloh Wess Oil & Snow (2 West Penn El A (7). West Penn EI pf (6). West Penn EI pf (7). West Penn Pw pf (§) 4 West Penn P pf (7).. 1 2 121 3 10s White SewingMach Wilcox Rich A (2% Willys-Overland. Willys-Over pf (7 Wilson & Co (A). Woolworth (2.40). . Worthington Pump. . Wrigley (Wm) (4).. % Yale & Towne (2) Yellow Truck. . Youngs Spring (3).. 164.000 12 n Flus 8% in stock. Sales— Add 00. 1 High. 31 IBONDS ARE STEADY | IN'LIGHT TRADING Evidence of Selective Buying Seen—Secondary Issues Strong. BY F. H. RICHARDSON. Special Dispatch to The Star. NEW YORK, December 3.—Bonds % continued firm today in a moderate vol- ume of trading. The stren; parently all through the there were some soft spots in foreign, dollar bonds. was ap [ o BONDS s ] Received by Private Wire UNITED STATES. . Close. 16 103 10228 10228 72 10328 10820 10322 15 1028 1028 1028 FOREIGN. Sales. High. 27 82% 3 85 Lib1st 4% Lib 4th 4% US3%s'43. Argentine ts 45. .. Argentine 5% Argentine Max 61, Argentine 6s Ju 69 Argentine 63 Do 89 Argentine 6s A a1 Argentine Australf Australia 6s '57... Austria 78 *43. fist, "though | Bk of Chile sus Bk of Ch! The market showed evidence of a |Belgium considerable amount of selective bargain buying. Some secondary and third- grade issues were pushed up from 2 to 14 points by buyers anxious to take ad- vantage of what they believe will be a broad general advance in bonds. rates were unchanged. The feature of the opening was the sudden run-up of Pathe 7s. For a long Belgium 8% Bolivia 7s et Money | gopyvi [ nc%-'n time this bond has been selling at levels | grazh §30.5.27 ordinarily associated with the obliga- tions of companies in receivership. In & group of successive sales the price to- day advanced nearly 14 points. The November 1 interest on this issue was paid. There are $5,200,000 of the T: outstanding. During 1929 the compan earned 2.1 times fixed charges. The movement of this bond was mere- 1y one instance of the search for issues that have been selling out of line. Hud- son Coal 5s sold 9 points above last week's low. Shubert 6s gained widely. and there were substantial advances in Paramount Public 5';s, Chile Copper 5s, Dodge Brothers’ 6s, Goodyear 5s, United 1 6s, Skelly Oil 5';s, 'X‘rlnunntmen!nl Oil 614s, Brooklyn-Manhattan Transit 6s, Chicago & Eastern Illinois 5s, Chi- cago Great Western 4s, St. Paul 5s, Rock Island 4';s, Erie general lien ds, Florida East Coast 5s, Frisco 4¢s and Southern Railway 4s. High-grade domestic bonds were un- changed to fractionally higher. The feature in this group was the 215-point advance of Chicago, Burlington & Quincy general 4s. Smaller gains were in’Canadian National 5s, Canadian Pa- cific_4s, Frisco A 4s, Great Northern 17s, Nickel Plate 4;s, Chesapeake & Ohilo 4!5s, Chesapeake Corporation 5s, Inland Steel 4 Philadelpbia Co. 5s and American Foreign Power 5s. ‘The recent selling of Liberty and Treasury issues, which was ascribed chiefly to banks desirous of disposing of some part of their security holdings at a profit, had dried up today. Both Liberty First 4,s and Fourth 4Y;s were 3-32 to 5-32 below their highs. Convertibles were mostly unchanged, with a tendency to improve slightly shown by Philadelphia & Reading Coal & Iron 6s, Chicago & Northwestern %, Texas Corporation 5s and Loew 6s. In the foreign department strength characterized French, Belgian and Ital- ian bonds, but Germans showed heavi- aration 7s, German Central Banks 6s, Cologne 6'2s and a few other German municipals had fractional losses. United Steel Works 62s, however, gained over 2 points. Central European descrip- tions were dull and so were South ' | Americans. 3 T0% 11 24% 244 24% 241, Sales of Stocks on New York 10:30 AM. l"""" 484,500 e when ¢araca lus | u ,; lus 6% 1n stock £ FRENY BN ¥ OWY EEY ?.??5‘ B B g Baltimore Markets mpply, market higher; hn 00., 9.00 to 9: 25 pl:l, 9.00 lights, 9.10 to , 8.7529.30; ' medium 9.10a Jaht pigs, | UPWARD TREND NOTED IN COMMODITY INDEX * | sorb will be $35,000, ‘| Washington Stock Exchang Among new financing that the mar- ket will shortly be called upon to ab- 000 of Toledo Light & Power notes. These, it is understood, will carry a 5 per cent coupon and ma- ture in two years. They will be secured by 80 per cent of the total mortgage bonds and 98 per cent of the common stock of Toledo Edison Co. SALES. Wash. Gas 6s A—$1,000 at 102%. at 85%%. 47%, 4 at 47%%. Wash. R. & E. pfd.—10 at 98%, 5 at 987, 10 at 98, 5 at 98, 10 at 98. Merchants Bk & Tr. Co.—15 at 28, Fed. Amer. Co. com.—15 at 28. Lanston Monotype—5 at 105. Mergenthaler Llnotvpe—»lo at 883 lt 88%, 10 at 883 les Drug Str. pf¢ 10 at 993 I? Est. Mtge. pfd.—10 at 612 100 at 615, 100 at 612 ‘The Carpel Corp.—15 at 23%, 50 at 24. AFTER CALL. | Pot. Elec. cons. 55—$1,000 at 103. Col. Country Club 5}25—$1,000 at 101, $500 at 101. Capital Traction Co.—1 at 48%5. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. : Amer; Tel Am & Tel. ctl Anun;m & Pot. R, Bid, Asked. 142" ness. German government 5'2S. T€pP-) New SoV Can: fll 68°31 Copenhag flfiu 63, Conenhag §s ‘62 2! o 1 109% 108% Dan Mun 8s B*46. . 10814 Denmark 4%s ‘62, States Rubber 5s, Goodrich 6%,s, Colon | Denmark & Denmark Dutch East 1 6s Finland 514 68, Finland 6s'45 Finlan® 7s 50 Fram I 'D'l‘&l'll. French 7s"49. French Gvt 7%s 41 41 nkirchen 65’34 12 178 German 6%s German 7s rep * Ger Gen E1 7s '45. Irish Free St §s CD Ttaly 78°51. Ttaly Pub Sv Tapanese 614s Tugos! Bank 7s Karstadt 68°43.... 2 Kreug & Toll bs ‘59 1 Milan 6%s"53. . Netherlands 6s *72. 105% NewSoW 72 71 1061 100% 102% 1047% 104% 89% 97 Nord 6%s '50. Norway 68’63 Norway & Norway Norway Orfent dev 5% Orlent dev Queenland 6s5°47.. @ | Rhine West 6s Rhine West 6s°53. Rhine West 7s '50.. R!o de Jan 6%s '53. Capital Traction 55—$1,000 at 55, $500 | Rio de Jan 8. R Gr De Sul Capital 'n'lcflon Co.—10 at 48, 10 at| R Gr De S Rome 8% Roy D 4s'45 ww.. Sao Paulo ‘l 36 Saxon 78 Selne 7 Serbs-Cr 811 Serbs-Cr-S1 Toklo b%s Ttd King 5. Yokohama 6s MISCELLANEOUS. Abitib) P & P 6863 13 7. Allegheny 6s'44... 7 Am Ag Ch 7%s 41, Am F P 5%5.2030.. Am 1 GChB%s"49. Am Int Cor 5%s "49 Am N Gas 6%s 42, Am S&R 18t 5847, Direct @ The Star Office Salea High. Low. Pathe Exch 7s°37. 130 66 52 Phila Co 68 67, 7 100% 100% Phila & Read 6349 62 82 81 Phil Pet 6% » 89% 89% 108 108 62% 62% 101% 101% Rem Arms 6s A 37 96% Richfi’d O cal 65 *44 ean32Z0 wurion © ® ONADINeN W IANABS 4. Util Pwr 53 '59 w' Utll Pow 5%s 47 Walworth 6: 5 ki3 TI1% 0% 104% 104% 102 102 108% 108y 98y 97 9% IT% 101% 101% RAILROAD. Atch’on 48 1905-65. 2 924 921 Atchison ad) Atchison gen 9 96% 96% Atch'onev 434841 22 115 Atch Ariz 438 62 5 100% 100% 1 95 95 5 T0% 104% 102 10814 97 9T% 101% 92U 9 104% 104% 9 101% 101 5 102 101% 22 108% 108% Bklyn Un Can South 6s'62. Can Nat 4348 *64. Can Nat 4%, Can Nat 434, Can'Nat 4%s Can Natl 4% s '55 1 105% 105% 3 99% 991 16 99% 99% 10 99% 104% 1 101% 101% 1 104% 1043 9 104% 104% 35 891 89% 5 101% 101% 40 98 o7y 1 1021 102% 9 103y 102% 1108 108 Can Pactfie db 4 Can Pac 43 s '46. Can Pacific 41 8'60 Can Pac 58 ctfs 44, Can Pacific 5a ‘564 Clin & O 6s°52, Cent of Ga 5 C 59 Cent Pacific 4 41024 102 2 102% 102% 22 99% 98% 90% 90% Ns. 33 87% 87Y% 2037 2 102 102 1 85 3 102 2 3 101% 101% 101% 6 9814 2102 102 2101 101 60 [3 60 40% 40% Colo & Son 418 25 Cuba RR 6s ctf '3 Cuba Nor 53 3 41 5 4% 94% 94y 1 102 22 15 28% 13 106% 106% 106% 6 112 111% 112 95% 8 111% 111 lll 1. ® 35 a5 "67. 15 5% T5% 75% 2 Sl‘fi 84% 84% 95 95 ld 101% ‘lOlVA 10]'6 109 09 E 100% N)flbi 100“ 68Y% 67% 67% 66% 68 831 83y, 0% 70% % % 97y 9TY% 80% 80% 98 98 Hav E1 Ry 5% Hud & M adj 111 Cent 4353 Int Rys C A 684 Int Ry CA 6%s Kan CFtS&M 4336 Kan City Sou 38'50 INCREASED STEEL BUYING PREDICTED Iron Age Says Leading Pfo< ducer Is Preparing to Advance Prices. By the Associated Press. f NEW YORK, December 3.—Novems= ber brought a further decline in pig iron production, and, with another month of low operations discounted be~ cause of the season, the attention of the iron and steel industry is focused on expected improvement in January, Iron Age will say tomorrow in its week- 1y review of the industry. “Following the recent move to sta- bilize prices of bars, A\np-undnlum at 1.60 cents Pittsburgh,” the review says, “a leading steel producer is g to announce an advance $1 a ton to apply on first business. tives for such action are to be in mounting costs, vanishing earnings and a bellef that a stronger market will bring out latent business. Similar incresses in prices were made ’ periods of depressed production in 192’ and 1922." November Output. November pig iron output was 1,867~ 107 tons, compared with 2,164,768 tons in October. The November daily aver- age was 62,237 tons, a decline of 7594 tons, or 10.9 per cent, from a dally average of 69,831 tons In October. There was a net loss of four blnt fur- naces in November. ber 1 there were 107 stacks in' blast, or 1l less than on April 1, at the beginni of the decline in furnace activity. In - bama merchant stack and a Buffalo steel works unit are scheduled to go out this week, while an Ohio steel com= ny blast furnace may soon be re- “m t specificatios iron and steel ;‘n -dhv:nely nfledcxfi by the ap- proacl liday and invent riod,” f.hz review continue .m ingot producwm mcmur‘lg ‘Pig iron prices have no further change except mm phia district, where the market is off CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS NEW YORK, December 3.—The fol- hmulnmmryolmpnmntm- poration news, prepared by the Stand- ard Statistics Co., Inc., New York, for the Associated Press: News Trend. Railroad freight traffic in the third week of November again recorded a er than seasonal decrease, comj with the preceding week. 'roh.l of 119. 1757 cars was 49,494 below the previous period and the lowest of any like week since 1921. Contrasted with a year ago, decline was 17.6 per cent, while it ‘ found [ ‘4 1 Calves—Rieceipts, 50 head: iight sup-| The whole, | clesple price index of the Na- ply, market steady; calves, 5oo %0 1150. ' tional Fertilizer Association, con:unzq FOUR HOUSES BURN on 476 quotations, rose 4 fractional points during the week ended Novem- | ber 29. Previous to this riee the index IN leG'N'A SUBURB ! had not shown an upward trend since September 13. The index number now | Eunkd.l at 81.3, compared with 80.9 last week and 953 a year ago. It is in- teresting ¢o note “that .fcr the same week a year ago a slight advance was made immediately following a rather long weekly decline. The index num- ber of 100 represents the average for the three years, 1926 through 1928. Of the 14 groups comprising the in- dex 2 advanced, 6 declined and the re- maining 6 showed no change. The ad- vances were noted in the groups of grains, feeds and live stocks and in utéso and oils. 5 rn, oats, wheat, barley, cattle, hogs, lambs, flour, lard, cottonseed oil, cotton yarn, silk and cottonseed meal were included in the list of 19 com- modities that advanced. Twenty com- modities declined durin, the week, in- cluding butter, , pig iron, zine, tin, silver, heavy melllng steel, gasoline rubber, calfskins, cotton and mmrphocphau one of the basic fer- TS, Special Dispatch to The Star. BALTIMORE, Md, Dgcember 3.— Potatoes, white, 100 pounds, 1.25a1.75; sweet potatoes, barrel, 1.00a3.25; yams, barrel, 2.50a3.00; beans, bushel, 150a 3.00; beets, 100, 3.0024.00; cabbage, ton, 18.00a23.00; carrots, 100, 2.00a4.00; caulifiower, crate, 1.50a2.2 celery, crate, 1.50a2.50; eggplant, crate, 1.25a 2.25; kale, bushel, 60a75; lettuce, crate, 25024.50; peppers, _crate, .50; 19 | parsnips, bushel, 90al.10; Dec. 10 | bushel, 85a1.25; tomatoes, 1. Dec. turnips, bushel, 1.00a1.20; apples, bushel, -5 , 6521.75; cranberries, box, 2.50a3.00; grapefruit, box, 2.00a3.25; orange, box, 2.00a4.50; pears, bushel, 1.00a22.50. Dairy Market. Pouitry, alive—Turkeys, pound, 28a30; cld, 24a25; chickens, Springers, 23a26; Leghorns, 18a20; barebacks, 14a15; old | hens, 18325; Leghorns, 17ai8; roosters, 13a16; ducks, 13a20: geese, 15a20; gui- nea fowls, each, 30a60; pigeons, pair, firsts, 38; hennery, white, firsts, 28a43; Southern firsts, 34a35; current receipts, *3 | 34a35. . 20| Eggs—Receipts, 414 cases; nearby 3 irsts, 28ad3; Southern firsts, 34a35; urrent receipts, 34235. Butter—Good to fancy creamery, pound, 32a37; ladles, 25a27; rolls, 20a25; process, 30; store packed, 15a16. Hay and Grain. Wheat—No. 2 red Winter, export, 50 pot No. 2 red Winter, garlick! ; November, 80% ; Decem! 14 100% 100% 100% 2105 105 108 16 971 961 97K 5 99 99 99 2105 103% 103% 3105 105 105 o 5 93 93 68 19 19 ]l 85% 1 101% 101% 101% 7 95t 95U Am Sug Ref 37, 1928 period drop was 24.2 per cent Am T&T cv 4%s'39 reek Ol statistics covering the week ended November 29 are mostly favorable. md’ urtn:cuu S?ma -}:iw -n: ly fuel stocks were cut by 386,000 burreln. Hwner, te curuflmt of m -hen in- cruud by 755000 1s, indicad shrinkage in consumption exceeded d'- cline in production. Adverse dlvid'fgd mnw.l: e ts in today's corporation news iC] omis- nlnn ol quarterly dhhumment by lny- Co. and Eastern and lling Mills {::lml of extra dlvldend by St. Joseph Higher earnings were by llect.rk: Pwe'r & Light and Oil. Montgomery Ward November sales fell 25 per cent helow a_year ago. Eleven months decline is 4.7 per cent. The Companies. oodyrises American Service Co. prefe! 8| earnings, eight months to August 31, “A'Imflm States Public Service earned gxglcc:b!:wu“ 159 times, 12 months T Bangor Hydro-Electric share earn- ings, 12 months to October 31, $2.69, against $2.93 in 1929, prises afvanced By 64 & pounds. . ces advan y 6d a Brooklyn & Queens. Transit Corpora~ tion “m'"ld lmm'dB kfom,::m: &dfl- val of Brool Toul g e L e bluck near for natul “lnm Reported to have ac- qulud gas land in Kentucky. Eastern ng_l,lgnx M:lsl OC: omits divi- pold cenf tober dmd Power & Light share earn- ln‘l, 12 mcnthl to Septembe'r 30, $2.93, against $2.79 in 1929. i Empire Public Service quarter net before depreciation, interest, taxes, etc., $724,196, lnlnnt nmm in 1929, nine months, $1,755,083, aga sTio.116, 5 107% 107% 107% Oil class A share earnings, 10 ++ 10 109% 109% 109% munuu "to October 31, 33 cents, against 7.10 99% 99% 99% "o'c:nu. 2 104% 10415 104% rd Motor, Henry and Edsen Ford 94 ‘win $6,000,000 Leland claim case. T aplial Traction 2 City & Buburban 5; ce':;nzavn Gas 1 #RRE ¥ 2 g 2 BY IEER Am T&T c tr 68 '46. Am T&T 6ssf Am T&T 5%s°43., Am W Wks 5s8°34. . AmWat Wks 15 AmWrit Pap 6s°47. Arm & Co ufi-'n Arm Del 5% AlGu]f&’l l. Bell Tel Pats B Bell Tel Pa 6sC Beth St pm bs " ‘4! o Market St 78 *40. .. Minn & StL cn 5 M StP&SSM con 4s. M StP&SSM 64s. MK &T4%s°78.. MK & T adj b Mo Pac gen 48 '75.. 79 Mo Pacific 58 F'*77. 33 Mo Pacific5s G "78. 2 Mo Paéific 5s H ‘80 30 Mo Pac 6% cv 4 Mont Tr 1st b Nassau Elec ¢ &5, -}wv:.'h Sy, @ Biec. 45 MISCELLANEOUS. & Ross Inc. 6%a Cfllllfl . T Mfg. 6s. B rm2B 0 Teore & One Destroyed, Three Damaged as i Sick Woman Is Saved on Giving Alarm. S5 B 96% 95% 98% 98% 524 520 5 5 6 100% 100% 100% ]2 8:\4 84 84% 97 97 00% 100% 100% 4%82013 22 lol‘fi 101 101 1 106% 106!6 106% 5 20" l; 106Y% 1 106 9! 8 One house was destroyed and three others damaged this afternoon by fire, which swept through a row of four houses, situated about 300 yards off the Jefferson Davis Highway, in South Washington, Va. All the tenants are colored. Quick work by the Alexandria, Va., Pire Department prevented the fire | from spreading. Dora Tharp, about 40 years old, was carried from a sick bed by her daugh- ter and other tenants after she raised the alarm. The fire started in her quarters, supposedly from an overheat- ed stove. The property belonged to the Milton Hopfenmaier estate. The representa- tive of the estate estimated the damage | at $10,000. —— DIVIDEND PASSED. BALTIMORE, December 3 (Spe- cial).—Directors of the mum Rolling Mill Co. at a meeting yesterday Puud the regular qunvrly dividend of 371 cents due JlnllhlE ‘This action been anticipated in financial circles inasmuch as earnings this year have been sharply reduced. ‘The company has a substantial surplus on hand and it is understood that offi- cials feit that it would not b: advisable in view of the current business situa- tion, to dip into this to meet dividends which cmrently are not being earned. NEW YORK BANK STOCKS Bel NEW YORK, December 3 (#).—Over- the-counter market: & Banks. Amer. Tel. &ion: o, (o tal 'rne bidon, Oo. 5 O aieumbont (13 tl‘:lc Eower 6 pid Power 51a% e, NAT!ONAL BANK. Colon O11 Col G&E Com Invest § 8% Pot. Po 236 2 opo 0 02 0o Xo Ko $o 00000 o 0000 ¥ Ko 00000 Foo o 000 0OF LEOY » & Gapital (14), bia (1 District ( Q Duquesne 4 % Gen Motor: Gen P Sv 6% Gen St Cazb% Gen Thea Ea Geodrich cv Goodrich 6% Goody'r Rub Hoe & Co 6% Humble O1) b Hum O&R 5%8s '62. MBTI1istptbsA. tnland Steel 4%5'78 In Int Hydro EI 6344 nt Match 68 ‘47... In M M col tr 6s 41 Int Pap bs A "47. Int Pap 6s '65. IntT&TS Kan C P&L 58 A 62 Kan Gas&E 4138 "8 Kend 6% Laclede 6%s C *b! %8 D '6 ZzZz22222 22 22 -45 .,-4.3-4-14.4...‘.. erBes 2020 102 B ! 107% 1074 lfl'l% ‘32. 19 101 100% 101 10 13 73 27 91 90k 91 14105 104% 105 1 115% 115% 115% 3 40 39 39 % 5 g g 96% 96% 96% oo'l s T omh ek L Second CasiLe thlnl‘lnn as) TRU!T COMPANY. ";‘:n .é:u‘r‘t“el:na)l“n: '&“*n‘.!i Washington Loan & Trust SAVINGS BANK. Bank of Bethsda (85) & Bavings ( FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal gold Selling checks London, pound 8 mber, yellow, Paris, franc 89a90; cob corn, new, 4.35a4.45. Rye—Nearby, 60a65. Oats—White, No. 2, new, 44a45; No. 3, 43244, Hay—Rcceipts, none. General hay market strengthenin, Drought has seriously curtailed nearby crops, chang- ing the entire situation. Sections here- tofore shipping are now aski for of- fers of hay. Good clover mixed and timothy new hay will bring from 24.00 o0 28.00 per ton. Wheat straw, No. 1, per ton, 9.00a 1000 oat stra¥, No. 1, per tor, 9.00a Live Stock Market. Cattle—Reccipts 75 head; light sup- ply; market steady. Steers, choice to none; good to choice, 850 to ola, t pesgt 2 wd E I % Nor Pac r1 6 2041 1! lll% Ill!( lllK Penna 48 '48 Sta. 6 98% 98 98% Penn cv 433 ‘60 5 103% 103% 108% Penn gen 4% s 4 100% 100% 100% Penn ¢%s 70, 25 97% 96% 974 Penn 4% 63, 17 100% 100% 100% Pe! [2 1 108% 103% 103% it urity & Gom. Bk. (7). St B Tnitea states (301, Washington Mecha 2388 2838 te 1ns. :gg; wn. Shocknaim "etown SHORT-TERM SECURITIES (Reported by J. & W. Seligman & Co.) Allis-Chalmers Co. 5s 1937. i e 1 8 a PSR- PP e ®: Nationa1® union ' (189 : FIRE INSURANCE. b . ey Co. M. e MISCELLANEOUS. arber & Ross. Inc.. com & uem-l Blde. co? Col. Sand & Gra Colymbia_ (6] Real Estate Title & Inv. reSarmsoamaal cEmanooammnn el RioGr W 1st 43’39 6 93% 93% 934 1as. 1633, 10 RIAr&L4%s'34 1 100% 100% 100% unmnn.‘m:flz % 105 103 SILIMR&G 48’38 23 99% 99% 99 icago Rock Isla) fl 1]7]”‘ 3 IOIK 10% 4 lll‘hL Bt it fater Toa Cos Ba 135 . Reduced. Qhiversar Tl 8 Twin City R T.. 42 5A Deferred. e S R e o VIRGINIA POWER CO. REPORTS ON EARNINGS The Vi ia Electric & Power Co. ke and companies report the Bid. Acked. S e T g.(g-nfi?.eh 5 meral Pet. &l"l " ¥ 1940, neral Theaters £a ' | Goodyear T. & R. rand Trunk of Ci LN Term As St L 4 Tex & P 1st §s 2000 Tex & Pac 55 B'77. Third Av ref 4s Third Avad) Un Pac 18t 4 America . Bkof U S » Emflnm A Mor & Co 18t 4% Mer. & Stg. e unmnuur Mat Datry SR N Eng T 1st s ype Natl, Mtge. & Inv B 8555 uEus B 18 99 98 98 ‘31. 3 101% 101% 101% StLSWevda'ss. 3 99% 99% 99% StLSWistés'ss. 1 sm I'l\‘ m StP&KCSL4Y%s 3 StPUn Dlnil'Tl l lofl lm lm s » 8 5.8, §25HE3 v 28 . 8g: lll!i um 1025 1025 losw 108 101% 101% 90% 91 - . Ry & Va Ry Iltl ‘2. Wabash 1st 6539, . 58 D ‘8 "'s'é' - 32! SRS EESS Pac T&T1st rumors that Pan-Am Pet .l’!l. Ifl racing. Paramount §s ¢’ e85 -