Evening Star Newspaper, December 7, 1930, Page 75

‘'FINANCIAL. CURB PRICES DROP NEW YORK COTTON INSTEADY SELLING gww Utilities and Oils Show Heavi- ness—Investment Trusts Are Weak. BY JOHN L. COOLEY, Associated Press Pinancial Writer. NEW YORK, December 6.—Steady pressure against the curb market dur- ing today’s two-hour session squeezed prices steadily lower. Utilities and olls showed considerable heaviness, while investment trusts were again soft. Electric Bond & Share, dipping 44 to a new low for the reaction, made u.ly eign Amenun Superpower and Associated Gas “A” among :l'}hl Tmt active is- sues, sagged !4 to ¥ nel Noranda. Mines & almost 4 )olnh in response to the dividend omission, announced last night. New- mont, on the other hand, firmed frac- tionaily. New lmu for Gulf and Humble and o d.n? & point in Cities Service eatures of the petroleum division. Standards of Indiana and Kentucky, well as Vacuum, were steady. uGoMmln Sachs Trading, United Founders, American Founders and Shenandoah met considerable selling and Among the industrials, tion. Futures closed steady, 5 points higher to 3 lower; December, 10.41; January, 10.42. New contracts, December, 10.39; Jlnull'y, 42-.45; March. 10.’ 7& May, July, 11.1 11.33- 34. Spot lmdy. 'l'nldgloln[, 10.. M) January, old.. January, new March . December, new beofipeiais EARNINGS REPORTED NEW YORK, December 6 (&) —Per share earnings of corporations report- ing this week, with comparisons with last year included: Three Months, September 30. 1as0; ive American Power & Light. Southern Canads Power. Pl Cordage Co National Power on American _lc_n & .gmn Aluminum of America and Diamond | 3} Match new moved against the trend, returning small net gains. Ford of Canada “A” closed unchanged. S B BALTIMORE STOCKS.. Spectsl Dispatch to The Star. BALTIMORE, December 6.— Sales arunder Sorporation lgl-mm'on Tube pfd y & Fideli Charanty: %gnamneu-'mmu Dairy pid 'BONDS. 1st 4s... 1800 Bited Bo7a wlec watomne 4 (Final three ciphers omitted ‘in W'ee November 22 e s Y e Easmacatiy m-h-(nfiy.'smnchmu:: financing. November 8 (K. W. H)......... 1,731,208,000 WASHINGTON YEAR 1930 STOCK EXCHANGE TO DATE 900 7 'ln.on 600,000 $47,546,000 s 2% ‘reehe Months, ‘october 31, Efllin!erl Public Servl 32.66 United & Foy Bingor Hyaroselectric Electelc Power & Lighi INVESTMENT TRUSTS NEW YORK, December 6 (#).—Clos- % | ing bid and asked prices on investment trusts follow: :m loooen lecllr‘rgi vfd s . e k United Founders 1.70 com. Others unchanged. week Same week ‘29 353506 $3,392,000 81.4% 15% $595,634 3,024,970 233,852 . 6,219,952 829,251 2,281,850 8,466,070 $48,650,000 $40,498,000 $355,144 2,992,966 872,310 12,702,292 'l'lfl 757 $80,870,000 $167,702,000 4% % 2-2% % 4%-4%% 2%-3% 5-5%% 2-2%% 3%3/5% 1,718,137,000 1.811,294,000 (Reported by W. B. Hibbs & Co., Hibbs Bullding, Washington, D. C.) SALES OCCURRING ON THE WASHINGTON INCLUDING nocxnmno:mmovrrom DECEMBER 5. FRIDAY, BONDS. PUBLIO UTILITIES. Anscostia & Potomac Riv. R. R. lst 328,000 Anacostis & Potomac Riv. R. R. guar ©. & P. Telephone of Va. 55, 1043. Capital Traction 1st Ss. 1947 City & Suburban Rwy. 1st Ss, 1948, Georgetown Gas Light 1st 55, 1061 Potomac Electric Power cons. 5s, 1936 Pot. EL Pow. gen. & ref. 6s, 1953 . 108% Washington, Baltimors & Annapolis Bs, 1941.. 65 Washington Gas Light gen. 5s, 1960 . 100 ‘Washington Gas Light series A 6s, 1933 .. Washington Gas Light series B, 65, 1936 Washington Rallway & Elec. cons. 48, 'MISCELLANEOUS. Barber & Ross, Inc., 6%s, 1936 Columbis Country Club 4325 ,1960 District of Col. Paper Mfg. ‘Washington Market 5s, 1938.. PUBLIC UTILITIES. mfi"fi . High. Low. Close. mavurity. 8 n% & 9% 0 % 02 88 100 1% 9% 85 8% s %0 101 103% 100 108 100% Open. Ss, 1940 83 s, 90 3 9 [ 108% 104% 106% 1951 % Oupital Traction ..... .. $100 Norfolk & Washington Steamboat 100 N. & W. Steamboat rights 979 Potomac Electric Power ptd “Potomac Electric Power pfd. @73 Washington Gas 1 Washington Rwy. & Electric com. 100 Washington Rallway & Elec. pfd. 100 NATIONAL BANKS. Capital . Columbia Commercial . District Pederal-American .. Liberty . Lincoln Metropolitan Rigss . Becond ‘Washington . TRUST COMPANIES. American Security & Trust Continental a=BEEEE Bule g¥afsl Washington Lo BAVINGS BANKS. Bank of Bethesds. East Washington. Potomac Bavings (new) Security SBavings & Commercial, . Washington Mechanics .... 2 28 pe¥ 23z pauel 25 gii.!i: o¥gfealbiise sse - * :'1"!"5 (131 : .‘.'iugu ‘Total number of shares sold Same period a year ago.. —1030— 141 % % 167w 6% 21 38 80% 15% 44% 30 % 1% 85 * % 2 'WEEK ENDING DECEMBER 6, 1930. Last Weex This Y. 2,614,900 17.873.900 Acme Steel (4). A'nautical Ind war. Aero Underwriters Affiliated Prod (1.60). Agfa Ansco pf. . Ainsworth Mfg (1)... Alr Inv Inc. vte. Alr Investors wa: Air Invconv ptf. .. Ala Pwr cum pf (7) Alexander Indust. All Amer Gen Corp. Allegheny Gas Corp. ... Allfed Int Inv cv pf (3).. Allied Mills. Inc(60c)... Aluminum Co of Am. Alum G'ds M (1.20). Aluminum Co. Ltd. .. Aluni Ltd cum pf 6) Amer Austin Car. Am. Bakerles, A(3). Am Capital (A) (t11%). Am Capital (B). Am Capital pt (3. Am Cigar Co..... Am Cit P&L A (a3). Am Cit P&L(B) (b10%) Am Cmwlith P A(b10%). Am Comwlith Pw B b10% Am Cyanamid (A)..ceue Am Cyanamid (B) Am Dept Stores Am Equities. Am ForPwr war. Am Founders (b4-70)... Am Gas & E (31) Am Hardware (15). Am Inv. Inc, B.. Am Inv, Inc, war. Am Laundry Mach (4).. Am Lt & Trac (23).. Am Manufacturing (4). . Am Maracaibo. Am Natural Gi Am Pneumatic Serv. Am Potash & Chem (1). Am Superpowr (40c) * Am Superpwr 1st pf(6. Am Superpo pf (6). Am Thread pf (25¢) Am Transformer (1.40). Am Ut&G (B)v.t.c.(35¢). Anchor Post F (b10%).. Anglo-Chilean Nit Appalachian Gas. Arcturus Radio Tub Arizona Globl Cop. Ark N G em pf (80¢) Arkansas Pwr&Lt nf(!) Armstrong Cork (1).. Asso Dyeing & Prlnllnt- Allo Elec Ind L(d(lOe) . Asso Gas & Elec c!fl(l) 4 Asso Laundries Asso Rayon. Atlantic Coast Fisheries. Atlantic Fruit & Sug. At Auto Vot'g Ma ev pr p!. 6 5% Aviation Corp Am. . 26% 22% Babcox & Wilcox (19) m Bahta Corp... % 2 Bahia Corp pf. Bell Te! of Can Benson & Hedge: Bickfords, Ine (1) Blauners (£2). . Bliss Co (E W) (1). BlueRidge Corp (p20c).. Blue Ridge conv pf (a3). Blumenthal (8) Blyn Shoes, In Bohack (HC) ( Bourjots, Ine. . Bowman-Bilt. Brazil Trac & Lt (! Bridgeport Mach (26c: Brill Corp, A (66c) Corp B Butler Brothers (30c) Bwana M Kubw Cop. Cable Radio Tub vto. Cabl & W Ltd. A rets. ... Cabl & W Ltd. B rets. .. Cable&Wire pf rets 19c. Can Hydro EIl 69, pf. Canadian Marconi, Carib Syndicate. Carman & Co A (2). Celan ct 18t pf (17%). Celanese Cor pf (7). Celluloid Corp. ... Cent Pub Svc A (a1.75).. Cent & Swn Util p1 (b6). Cent States El(k40c) . Cent States Elec pf (7).. Charis Corp (13) Chat Ph Al nv (50¢ Chicago Nipple Mfg Citles Service(g30c) Cohn&Rosenbergerl Colombia Syndicat Comwlith & Sou (war),. Comm Wat Serv b6% . Comstock Tunnel. .. Consol Auto Mer etfs. .. Consol Auto Mer cum pf Consolidated Copper. . Consol Dairy Products. Con Gas of Balto (3.60). Consol Gas Util A(2.20). Consol Gas Utl B. v.t.e.. Consol Laundries(1).... Contl Gas & El pr pf(7). Contl Share cv pf (6).... Contl Shares pf B(6) Creole Petroleum. Crocker Wheeler. Cross & Black pt 33). Crown Cent Petm (new). Crown Cork Intl A ((1). Cusi Mex Mining. Darby Petrolm new (1). Davenport Hos (2). Dayton Airplane De Forest Radio, . Deisel W Gilbert (13%).. Ofl & Refl; Dia Match cu pf (new).. Diamond Shoe (2) Dix Gas & Utilities. 1l +HII 1+ 0404+ 14 ReCsny i+ IEREEEINNRENER ARE LS EELbL RS - FEE FEL F K | ++1 1\ o ++ 4+ tEISL01 #0010 +1 +1 VI 44141 (RS ENE H e T e - I+b004+ 41 LLL000+ I+1+00 00+ s pessFes ey r I+++1 1 ++ +i4+l+ + 208, !.6 ,945 454,827,070 Net 8 - & L - FEES FIFREFEIESES - EOFEEEFS -~ - REFEFE £ FEE e Tees CT - t 3 ® xERE""" - FR0 FF & dividend. lg:'h 102% El Bond l 8h pt (6). Elec Bond&Sh cu pf Elec Pow Asso (1). Elec Sharehold pf(a6). ., Elgin Natl Watch (2) Empire Corporation. Empire Fire Ins. .. Empire Gas&F cm pf(1) Empire Pwr pt (14.60).. Emp Pub Svc A (a1.80). Empire Steel Corp. Emplyrs Reins(1%). Engineers Gold. . Eureka PipeLine(4). ... Europe Elec, Ltd A (60¢) Euro Elec, Ltd deb rts. . Evans Wall Fabrics Finish, Federat Metals (1% Fiat receipts (1.25) Fiat Stk deb rts. - Fire Assn Phila (1.60). Wiintkote Co (A). . 4 Foltis-Fischer Corp. Ford Mot,Can (A) 12. 10. Ford Mot, Can B (12.10) Ford Mot, France (28¢).. Ford Mot, Ltd (37%¢).. Foremost DairyProd. Foremost Dairy pr pf. Foremost Fabrics Foundation For Shs. Fox TheatersClassA. Franklin Mfg Go. Franklin Mfg pf. Gen Capital Corp. Gen E Ltd rets(60c) . Gen Empire Corp (1)... Gen Gas&El ov pf B (8). Gen Laundry Machine. . Gen Petroleum Corp wi. Gen Theat Eq w.1. Gen Th Eq ev pf w.i.(3). Gen W W & El A(2) Gerrard (SA) (1%).. Gleaner Harv, new (2). Glen Alden Coal (8).. Globe Underwrit (30c). Gold Coin (new). .. Gold Seal Elec new Golden Center. Goldfield Censolidat. Goldman Sachs T C Gorham, Inc pf (3)..... Gorham Mfg v.t.c. (f2).. Gotham KnitbacMch. Graymur Corp. .. Grt A&P Tea nv (15.! IB). I79% Grier Stores pf (7). Groe Strs Prod v.t.c. Guardian F Assn (2)... % Guardisu Invest. Guenther Law (2). Guit Otl of Pa (1%) Hall Lamp (40c) . Horu&Hardart(2 Hudson Bay Min & Humble Oll (123% Huyler Stores of Del Hydro EL Sec.(2) Hygrade Food P T P&Lempt (6). Imp Chem Ind (25¢). Imp Ofl of Can (50¢; 8% Imp Tob Can (35c). Ind Pipe Line new (13). Ind Pwr & Lt cu pf(6%) Ind Terr Illu Ofl (A d Insull Inv(b10% % Insull Util 2d pf(6) Ins Co of No Amer Insurance Secur (70c). Intercoast Trade Co.(1, Intercont Pete new. Intercont Power A ( Intl Hydro cv pf (3% Intl Petroleum (1). Intl Products Internatl Suj Int Utilities A (3%). Internatl Utilities (B Intl Util war (new) Int Util pt pt (7). InterstateEquitie Interstate Equ cv pf (8 Interstate Hose Mills. .. Irving Alr Chute (1). Italian Superpowr A. Ital Superpower war. Johas & Naumburg. Kirby Petroleum. Klein (D E) Co (1! Klein (H) pt pf.... Kleinert Co (1) Lackawanna Sec (- Lakey Fdry & Mach Landay Brothers. Lily Tulip Cup 1% Lion Ofl Refin (2) Lit Brothers. Long Isl cu pf B (6) Louisiana Lan & Ex. La P & L pf (6) Ludlow Mfg As: MacMarr Stores (1) MagdalenaSyndicat: Mangel Stores. . MangelStor Mapes Con M Marcont Int bilr 8¢ Michigan Sugar Co. Mid Sts Pet v.r.c. A. Mid Sts Pet v.t.c. B. Mid West Sts Ul (1%). Mid West Utll (b8%)... Middle Wst Ut pf xw(8) Miller & Sons (2).. Mining Corp of Can Mo Kan Pipe L (bloi)n MissKPLv.te... Miss River Fuel bd rts. . Moh Hud P 1st p£(7)... Moh Hud P 2d piT). Monroe Chemical (l“).. Montecatini deb rts. Moodys Nachman !prlhl Nat Amer Co. Nationai Aviaifon t1 Baking Co. Nat Bancxervi g Nat Bond & Shlre-('ltc) . Nat Dairy Prod pf A7), T 104 104 ’:#:gg “sPes - +UHLHIT L I++ 444+ ®OFESE T+ V) “rres x - ¥ LI ++1+ » Ll 1 L +4+ * Fse PBrsrr sPerss tirt - EEEF [RE S SRNNE S - seesegzeesf g5 ¥ 285 T+++111+ +11 +l+1 4+ 1 +4+) +1 I+111+ ++| ¥ $5& sk 2 rrssre LI++1+) - e Fe"r pgx 272 11+ EFEF FFER Eeee - T+l +4+11+1 sxFe" I+ I+1++1) L A #25E sosses #"sersirede = o IR AN - ETE ¥ R - Stl Car, Ltd snt Sugar NJ (3) TP (1. Neh Corp pt (lK N Nelsner Bros ot (7). Neptune Meter A(2) Nestle Le Mur. Nevada Cal El p£(7). Newberry(JJ) (1.10) Newberry (JJ) pt (7 New Brad Ol (50c) New Eng Fuel new. N Y Merchandise (1) N Y Steam Cpn w.! Niag Shares. Md (40e) Niles-Bem-Pond (2% Nipissing (30e)... Noma EI Corp (80c). Noranda Mines (2) Nor Am Aviation A war. North Am Cement. 2% NoAmSec Util 1st p£(8) 97 Nor Central Texas. . North & Sou AmCor p Nor European 011 Corp. Nor Ind Pub Sve pf(6) North Ind P 8 pt (7) North Stat Pwr A (8) Nor States Pwr pf (6 North 8 Pow pf (7). Northwest Eng (2). 16 Novadel-Angene (NK). 2 Ohio Bell Tel cum pt (7) 106‘6 Ohio Copper. Oflstocks LtdA Okla Gas & El pf(7). Outboard Mot (A). Outboard Mot B. Overseas Securit! PacG & E 1st pf (1%).. Pac Pub Ser (1.30). . Pac Tin Corp spec (2). Pac Western O1l, Pand Pantepec Ofl. Paramount Cal ples L&P (A)(a2.40) Pepperell Mfg Co (8)... fect Circle (3) Ple Bak of Am (X) (2).. ll* 13 Pilot Radio Tube(A).. 5% Pitney B Pos n(20¢c).... Polymet Mtg (b4%) Potrero Sugar.... Pratt & Lambert (15 Premier Gold (24¢). Prince & White(26¢) Prince & Whitely pf. . Prod Royalty Corp (f1). Propper McCallum, Prudential Inv. Public Util Hold war. . Pub Util Hold xw (505). Puget 8d P & Lt pf (5) Puget Snd P & Lt pf (6 Pure Oil pt (8) Rallroad Sh Corp(25c) Rainbow Lum ProdA. Rellal lElrI (b5%)... Rellance Bronze & Sleel Rellance Intl (A) Richmond Rad cum pf. Rike Kumler (2.20) Ruberold Co (4). Ryan Consolidated % Safeway S w(24)(C)..m St Regis Paper (1).. Balt Creek Cons(40¢). .. Salt Creek Prod (3). Saxet Co. Schif? (The) Co (l) . Schletter & Zander. .... Schlettr & Zandr DI(I*) Schul 1 Es Schulte Un 6e tos$1 Schulte 5¢ to $1 Strs pf. Scovill Mfg (3)...... Seaboard Utilities (506) Secur Corp Gen(40c) Seeman Bros (3) 1 Bt | BE Sentry Saftey Coni Seton Leather (1).... Shattuck Den Min, [EXNNE S - S 2R e #2272 © ™ +11 South Am Gola&Piats South Penn O11(12%). SouthCalEd pfA(1%). 8o Cal Edis pf (B) (1% Sou Calif Bd p£(C) (1% 8o Colorado PwA (2) F1++1 g & Tekl 1% 1+ I++1 11444144+ Stand Invest Cum pt % Stand Motors..... B U410 F “Fasxs 1410 R _—— S Starrett Corp p Stein (A) & Co(1.60). lmn(A)lco oupt(§ Ly 5 I++0i+11 “Fw B e Stromberg-Ca: Stuts Motor Car. Sun Investing. Sun Investing Sunray O1l (40¢) Swan Finch Oil. Swift & Co new (! Swift Intl (13%). Syracuse Wash Mc Taggart Corp (1) T++1 11 @ P s I+ +1 F RSP PE R TEERES I +1++ i Eresvs R wxwsTes s - Fe#rs Trans Lux DL P Tri-contin’l Corp Triplex Safety Glass. = L3 Tung Sol l‘mp (l TwinStNGApt1 Ungerleider Fin Corp. Union American Inv. Un N G of Can (11.60; Union Ofl Asso (j2). UnionToba Utd Carr F Utd Chemical. United Chem pt (3). Unit Corp war. Dry Dock Utd Elec Sve (1.41). Unit El Ser pur war. Unit Founa (b2-35 sh) Utd Gas Corpn. . United Gas ptf (7). Utd Light & Pwr A(1) Utd Light & Pwr B (1), Utd Light & Pwr pf (6. Unit Milk Prod. .. Unit Milk Prod pt., Utd Molasses, Ltd. . United Profit Sharing Unit Ret Chem pf (334). U 8 Dairy, A (6) U8 Dairy B... il tLirir+ SR ostay o &3 +i wres® & 1+ +1++10 2 2 BeFFes esFRe " ssar 22 2T 8 LE+L I+ #4410 10+ 1+ +1 1+ 1 I PO S F T ROTT o " - * = 1 2" Resefs 22 p5-8 Gypsum (12.10) & lnurntl + 1 #1100 GCGEEECCC 3 Eoduls [} L P EL] T+ LRI ++++ 101111 ++1+ + = w23 s sealsea” sesBeatine e - F2°F 4 Util P&L cfs B(al. DIK) Utility & Ind ™ Veeder Root (2%). Venezuela Petroleum. Vie Finan Corp(40c) Waitt & B, A (2) Walgreen Co.. Sasefs wss - e + HEE T - [EEREEE SN NN | lenoPurnp p! (3%)... 26% ;'Vmflan * R 1 ="FaFerx Fye 2F8ss¥s Pamn e SEFET 400141 M 19% ern Tablet&Sta (3) 27% % Westmoreld Coal(50c).. 15 Wheeling Stl pf B (10).. 114 Wil-Low Cafeterias. Wil-Low Cafeter pt.. Winter (Ben). Yukon Gold Co. Zonite Product nwn‘rs—l:u’mn. 14% Comm Edison... .Feb 2 12% 8% Peoples GL&C. Dividend rates In dollars ba: Igflull I‘IEI:& 'Plrllz extrs I Sl B e 1 in stock. m Plus 3 per el:ll lrm‘ lflm‘-g - Br i o PULTCL L 4+ 1+ sEFx +\ RETAIL STORE PRICES NOW OFF 20 PER CENT = National Retail Association An- nounces Study of Charges in Department Stores. Special Dispatch to The Star. NEW YORK, December 6—In a study by the National Retail Goods Association of 700 commodities their prices of last Summer were 18 per cent below 1929, whereas wholesale prices of those commodities were 16 cent less. The Great Atlantic & Pacific ‘Tea Co. reports both tonnage sales and dollar sales for 10 months of 1930, show- ing retail price per pound in 1929 was $0.113, and in 1930 $0.103, a decline of 9 per cent. ‘The leading mail order eomx:‘nllea el 'WAB'Z“J"“"'. from OHEMIGAL INDUSTRY SHOWS BETTER TONE Business Now Reported More Active Than Last Year at Same Time. . Special Dispatch to The Star. m of the industry, but all divisions should participate to some extent in the re- eak price structure of ibtedly redu‘ profit mrn'nl;.n e ce par- ticularly in such items as caustic soda, soda ash, ammonia sulphate, lulphum acid, etc. Prices on heavy have been well mdnh.ined. howum, and concerns concentrating on these groups are going to fare the best. McGregor Land & Cattle Co., El Pasa, to Charles L. Powell, Los 1 man, was mmbed MA:;“’:WMB tion was reported Up to $300 Under State Supervision This Holiday Season Naturally * Brings a Host of Bills i It 1s not necessary to begin the New Year burdened* with financial eares . , . consolidate debts l:;“m.ndlllaw""'m s m thly payments .., ged to eonform with o .-.:lflwut::“—bmunu:t-c‘ Our Service is Personal ind C and mnjm-flhwm Puphn Pm.ul Bankers, ldu&?mh‘ lllfill,