Evening Star Newspaper, December 18, 1930, Page 15

PINANCIAL, »e® A_JS OUTLOOK IN GOLD FINANCIAL, 1 CURBISSUESQUIET || TRANSACTIONS ON THE NEW YORK CURB MARKET Sates— Irving Alr Chute (1), Dividend Fate. A4 00. Open. High. Low. Close. 214 Itallan Superp (A).« 1 a 1 - 5% % % % Itallan Superp war.. arrow g 4 -5l Market Moves in N e ios 3 20% 10 Amliated Prod 1.60.. 1 10% 10% 10% Range After sudden 2 4% Air Investors cv pf.. 2 4 4 4 t 0 . Ala Pwr cum pf (7) 200; 1}?”‘,: 1}3‘:’1:3:: Spurt at Opening. 1 10% 0% 10% e 1 e W "% 9 Allied Motgr Indus. . 3 1% 1% 160 Aluminum Co of Am 400s ~Frev. 1930.~ Sales— Stock and Bales— v, Divi .—Add 00. Open. High. Low. . h. Low. Dividend Rafe. _Add 00. High. 595U Lines of (1)-... 20 6% 6% 6% 9% West Air Exp (60c).. 95 US&Overctfs28%c 3 10% 10% 10% West Auto S A (3).. Utd Verde Ext (2)... 17 9% 9% 9% Wil-Low Cafeteria pt Utah Apex (500). hg 2 D 50‘ ml% 0 101% ‘Wilson Jones (3).... Utica G&Elec pf (7)., 508 101% 101% Utic: 08 101 Zonite Products ¢1 28 8% Utll Pow & Lt (al).. 1 e Producers Have Enjoyed RIGHTS. B s . o L%t 1o coomana: meTs % 1% 1) Firm Prices—Other Metals 22 3% Uity E:l'"‘l;“,' 4% 13% Pub Srv N Ill..Feb. 2 164 16% 97% 45% Vacuum ¢ eeoes tes in dollars based on last quarterl 1 1 : 1 1 VanCampPacking.. 1 2 DarmantvEx dividend. 1Parily extre. . 1P 4% 1n Slook. Reviewed. Venezuela Petrol.... % 1 % 1 | =Payable in cash or stock. b Payable in stock, e Adjustment divi- Vie Finan Cor (40c). i Walker (H) (1).oe.e *mPlus 3% 10 Stock Johnson Motor Jonas & N cum Kolster-Br (Am Sh). Lakey Foundry. ~ Lefcourt Real 11.85. Leh C& Nn (1.40)... 1% LeonardoOfl. ... 9% Libby McNell & L. Lily Tulip Cup (1%) Lion Ol Ref (2)..... dend. fPlus 5% in stock. g Plus 6% in st SPlus 2% in stock. k Flus 10% in n Plus 8% in stock. BY ARTHUR W. ALLEN, Editor of Engineering and Mining Journal. BY JOHN A. CRONE. Special Dispatch to The Star. lllk 104 Alu Coof Am pf (6). NEW YORK, December 18.—Resum- ing its advance of the previous session at the opening today, the Curb market slackened its pace as the morning pro- gressed, but quickened its stride shortly after midday. Electric Bond & Share, after opening on a block of 5,000 shares at “3; up , added nearly a point before show- a slight recession, Citles Service, which reported another gain in earn- ings, cpened at 15% and hovered around that level. Standard Ofls, the weakest of any single group of securitles in Wednes- day’s forenoon dealings, maintained a steady, though slight, upward trend during that period today. Humble Oil swas up more than 2 points and Stand- ard Oil of Indiana was up half that amount. Vacuum was nearly 3 points above its previous close. Favorable monthly copper statistics, showing another reduction in output, and declaration of several regular divi- dends where cuts or omissions expected, were partially offset by the decline in export copper prices. The copper group, however, Was relatively steady though inactive. Investment trust and trading corpo- ration stocks in some instances improv- ed because these concerns have been Tlng of part of their portfolios and with the proceeds retiring some of their wown outstanding preferred shares. ‘Shenandoah and Blue Ridge have just retired about $21,000,000 of their pref- erence shares through open market pur- Shenandoah _retired 187,000, leaving outstanding 663,120 preference shares, while Blue Ridge retired 236,000, leav- ing outstanding 918,101 preference shares, The common stocks of these ‘companies on November 7 were reduced from $5 to $1 a share, stated value, and that amount was transferred to capital surplus. _ Present preference retire- ments will increase proportionately the equity of the common shares in the concerns, The Canadian banking pcol formed to support Dominion stocks apparently has not yet functioned, so far as Ca- nadian stocks on this exchange are con- cerned, but such issues were firm de- their dullness. m‘rfinouncement of the seasonal shut- down of Ford -Motor Cc. for inventory brought slight selling into Ford m France and Ford Motor, Ltd., though Ford Motor of Canada A moved 'l‘l:dbruk advance of Auburn Auto over on the big board frightened some of the shorts in Cord Manufacturing and the result was a quick run-up in Cord, during the noon hour, of more than 2 points. Poison Gas for Pneumonia. The announcement has been made of the cure of a number of cases of eumonia by the administration by lation of a mixture of oxygen and carbon-dioxide and, while not yet BEac e Drdcese s considerad 8a rocess cons e, Although_the treatment_of gzllmonh with pure oxygen been use for a number of years, the tion of -dioxide in treat- ment has been used, 42 were beyond recovery when the treatment was ed- ministered. Of the remaining 85, where there wmedt '1omnu? ‘:( w:re’ , however » 70 patien! e e Do et e in the mixture of oxygen and carbon- Lotteries for Hospitals. tizs,, Do 1 -b‘-lxg- Py Am"Cmwin Bw i1 5828285, 2gss p e seegguesrgssass SRR & 2., 0328382222322 288828 2228 ¥ L & ===§2 8838318 &S T & 2 288, & e v SELTRTEET R S zuSas: o« 23eEenSnc=ge. 88 1550 Losese. R23882: SR gs2s28eaee: 85 a5 River P iarragansett at P S 55 2328 seSeaeasess SIS s G Sens3sg8as: Foaw Wi SnEess = 322nsEnsenss 55 caa. -~ e (S - Szsseazase: Sazy = ¥ $ARE 32888 2288812228 FEESS sgeassrersseansisas: i 2Sgea 54 *ESE -~ & N FNEEE Fovs & S S W 21%. 4% Darby Petrolmn (1); 24% 11% Diamond Match new. 23 6 Doehler Die Casting. 28% 11% Douglas Afreraft (1), 1% Amer Austin Car. 1 Am British & Cont... 5 Am Capital (B) . 27% Am Capital pf (3) 60 Am Cigar Co.. 27 Am CP&L (A) 4% Am CP&LB (10%) 10 AmComP A (b10%) 20 AmComPB (10%).. 11% Am For Pow 3% Am Founders(bi%). 74% Am Gas & El (31)... 2% Am Natural 15% AmStPSA (169).. 9 Am Superpowr (40c). 8% Am Ut&G (B) (35c). 3% Anchor P F (b10%) 5% Appalachian Gas 4% Arkansas Nat G % 4% Ark Nat Gas (A) 100 ArkP&Lof (7 Asso Gas & Elec. 13% Asso GEE A (a12.40) 66 1% Asso G&E (A) dbrts Atlas Plywood (2) 3% Atlas Util Corp. 1 Atlas Utilities w. 6% Auto Vot M cv pf pi 6 Aviat Secof N Eng 1% Bahla Corp........ . 70 Baumann (L) pf (7). 25 14% Bickford's,Inc(1.20). 28" Bickford's Inc pf 2% 32 . Bigelow-Sannford. .. 24 Blauners (82).. . 18% Bliss Co (EW) (nl).. 3 Blue Ridge Cp(p20c) 30 Blue Ridge cvpL(as) 10% Blumenthal (S)..... 19% Brazil Tr&Lt(b8%).. 3% Brill Corp (A) (65¢). 28 BriATcouB1.17 8-10¢ 24% BrAm Tobreg 11.20, 2414 Buff N&EP f (1.60). 96% Buff Nla&EP 1st (5). 20 Bulovacvpf (3%).. 50 Bunker Hill & S 163 125 5 Butler Bros (30¢)... 1% Bwana M Kubwa.... % Cable Radlo T vte, Cabl e B AN D SO GE O NN , Marconi. 16 Carman & Co'A 22% Carnation Co (J1%). 48 Celan ct 1st pf (17%) 9015 Cent Ill Pub S p£(6). 11% Cent Pub Svc A a! IS TUSTRTS 7% Cit Sv pf B (60c) 44% Clev EI Illum (1. olon Ofl 7% Com Wat v b 3 Consol Auto Merch. % Cons Auto M cu pf. 2 Consol Coppe: 19 2% Consol Dairy 136% 78 ConsGas Balt 15 Cons Gas Util 6 Crocker Wheeler. % Crown Cent Pt ne 6% Cr Cork Int A (1). 4 Cuban Cane pr opt 4% % Curtiss Wright war. 1% Dayton Alr & Eng... S @ PYICEYS Y =i~ =P OIS R(A) (3%, Harris new. . 10 Durh Duplex pr pi 2 Duval Tex Sul wi. 18 EastG&F Asso East Util Asso (2) t Utfl ASSOCV.... Eisler Electric Corp. 4 117% 37% Elec Bond & 8h (b6). 109% 100% El Bond & Sh pf (6).. 39% 11 Elec Pow Ass0 (1)..) 10% Elec Pow Asso A (1) 16% El Pow & Lt op war., 8% Elec Shareholdg (1).. % Empire Corporation. 90 Emp G&F cu pf (8).. 5 Emp P Ser A (a1.80) 20% Employ Reins (1%). 1% Engineers Gold...... 7% Europ E Ltd A (60¢), 1% Europ Elec deb rts. . % Evans Wallow Lead. % Fabrics Finishing... % Fageol MOtor.....cu 1% Fairchild Aviation. Fajardo Sugar... % Fandango Corp. 3% Fansteel Products. 8 Federat Met (1%).. 7 Flintkote Co (A). ... Broonan = s Somoes 1056 100 Florida P&L pf (7)., 38% 18% Ford Mot,CanAt2.10. 12% 6% Ford Mot France 28c 28% 10% Ford Mot Ltd 37%e.. 7% 2 Foundation For Shs.. 17% 2% Fox Theater Cl (A).. 4 Franklin Mfg Co.... 4% General Aviation.... 1% General Baking..... 29 27 Gen Baking pf (3)... 8 28 Gen Capital Corp.... 50s 9% Gen E Ltd ret (50¢). 8 14% Gen Empire Cor (1). s 87% Gen G&E cv pt B (6) 4508 % Gen Laundry Mach., 2 25% Gen Thevpf w.l(3). 27 30 Gilbert (AC)PL(3%). 1 5 Gleaner C Harv new., 50 Glen Alden Coal (8 6% Globe Undwritr: % Gold Seal Elec new.. 17 Gorham Mfg vte(f2) 296s % Goth Knitback Mch. 1 5 21% Graymur Corp (1)... 2% Groe Strs Prod v.tc.. 58% Gulf Ol of Pa (1%)« 3 Happiness Candy... 1% Helena Rubenstein. 2415 Hires (CE) (A) (2).. 5 Hollinger Gold t65c. 30% Horr & Hard (2% 3% Hudson Bay M &S.. 58% Humble OIl (12%) .. 4 Huyler Strs of Del. .. 15 Imp O1l of Can (60¢) 16 Imp Oil.Can reg(50¢) 13 Ind Ter Illu Oll (A).. 5 Ind Finetfs (b10%). 58% Indus Pin v of (1).. 29% Insull Ut(tb10% %). 45% InsCo N Am (13).... 6% Insurance See (70¢).. % Intercontinent Petn. 11% int Petroleum (1)... 2% Internat Products. .. 20 Int Superpwr (£1.10) Int Utilitles A 3%). Loew’s Inc deb rts... 9 Long Tsld Lt (56¢).. Louisiana Lan & Ex. MacMarr Stores (1). Mangel Stores. \ Mavis Bottling. McGraw Co (2)...vn Mead Johnson (+4% ). Memphis N G (170¢); Mesab! Iron. .....ce Mer Ch & S (1.60) 10w Met Chain Stores. ... Mid St Pet vtc A. Mid St Pet vtc B Mid W St Ut (1%).e2 Mid West Ut (b8%) .. Mid W Utcv pf xw 6. Mid West Ut B (w.L.) Mid Roy ev pf (2)..w Midland Utd (b6%) . Midvale Co (4)..vuen Miller & Sons (2).... Mining Corp of Can.. MoKanPL (b10%). Mo Kan P L vtc....s Montecatin] deb rts. Mount Prod (1.60). Nat American Co. Nat Aviation. . Nat Bond & Sh(75¢). Nat Fuel Gas (1).... Nat Investor: 3 Nat Leather. ve Nat Mfgs & Stores. .. Nat Rubber Mach (1) Nat Sh T Sec A $50c. Nat Sugar NJ (2)... Nat Trade Journal. ., Nat Transit (1)..... Nat Unfon Radlo, Nebel (Oscar). .. Nehi Corp pf (5% ) 10 30 59 et 00 =3 1k ot 1t 321 53 01 €0 1 5 O 1 1 et ket 3 510 1010 50 RO IO 13 0000 10 0 IS ke 001 0010 1 e bt bt (-1 Y e 1 3 S, & Newberry (JJ) 1.10.. 2y New Eng Pow pf (6) 100s New Haven Clock(1) 1 New Jersey Zine(t3) 5 New Mex&Ariz Land Newmont Min (£4) Newport Co (2). N Y Auction... 2 NY &Hond Ros 11% . 2 N Y Merchandise (1) 2 N Y Pet Royalty.... 9 N Y Transit (11.80 N Y Tel pf (6%). Niag-Hud Pow (40¢c) 126 Niag-Hud Pow A w.. 21 Niag-Hud PowBw., 2 Niagara Sh. Md(40c) 24 4 Niles-Bem-Pd (13).. 3 2 Nipissing (30¢). Noma EI Corp (80¢c). Noranda Mines. . No Am Aviat A war. No Am Cement.. Nor. & So Am Corp A. Nor St Pow pt (6)... 1 Nor St Pow pf (7). Oflstocks Ltd A 50e. Outboard Mot (A) Outboard Mot (B)... Pac G&E 18t pf (1%) Pac Pub Sv (1.30). Pandem Oil.. Pantepec Oll........ 75 Paramount Cab Mfg. 2 Pender (D) Gr (B).. 50s Pennroad Cp (20c).. 91 Penn Wat & Pow (3) g see 4 Pilot Rad Tube (A).. 2 Pitney BPn (20c).. 3 Pitts & L E (110)... 1508 Plymouth Of] (2).... 8 Powdrill&Al (144).. Prince & Whit (25c). Prince & Whitely pf.. Prod Royalty (f1)... Prudential Invest... Pub Ut Hold (50¢).. Public Util Hold war Pyrene Mfg (80¢)... R R Sh Corp (25¢)... RR&LLS (15). Rainbow Lum PrA.. Rainbow Lum Pr B Relter-Foster. .. Reliable St (b5%). Rellance Int (A) Reliance Manag. Repetti Candy. Rike Kuymbler (2.20). Roan Antelope Min. . Ryan Consolidated Sateway S'w(2d) (C) St Regis Paper (1).. Salt Creek Prod (2).. R Schift (The) Co (2).. Schletter & Zander Schulte Un bc-$1 St.. Schulte 5¢-$1 St pt. .. Seaboard Util (50¢) . Sec Corp Gen (40¢) .. Seeman Brothers(3). Seg Lock & H (50c) Seiberling Rubber. .. Selected Industries., SelecInd all cfs 4% .o Select Ind pr (5% ) Sentry Safety Cont. Seton Leather (1)... Shattuck Den Min. Shawingan W (2%) . Shenandoah Corp. ... Shenan Corp pf (a3). Silica Gel ctfs....... Sing Mfg Ltd (23c).. Sisto Finance Corp Smith (A O) (2)..... Sni Viscosa rets. ... S0 Am Alr Lines 1st.. Sou Penn O1] (12%).. SoCalEdpt B (1%). Southern Corp. S W Gas Utilities. . .. Sou Wn G&E pf (7). Stand Invest cum pf. 50s Standard Motors. . 3 Stand O1l Ind (2%).. 121 Stand Ofl of KY (12) 24 Stand Ofl Ohio (2%).1508 Starrett Corppf (3). 3 Stein Cosmetics. ..., Storkline Furn pf(2) Stutz Motor Car n.... SunInv........cc0n Sunray Oil (b5%) . va) Swift & Co new (2) Swift Intl (13%) Taggart Corp (1) Tampa Electric (32). Technicolor Inc. .. ‘Teck Hyghes (60c).. Texon Oil&Land (15) Thatcher §ec Corp. Todd Shipyard (4).., Tran Con Air Tran. Trans Lux DL P 8. Triplex Safety Glass. Tri-Cont Corp (war). Tubize Chatel (B). Ungerlelder F Corp.. Union Am Invest. Un N G of Can t1. . Unicn Tobacco.....e Utd Am Ut (b2% %)« Utd Carr Fastener. & manoss o mo&n - 3 o SinSanuaqanmoneBonnananem (SPIY . - aE8L5 connian e DA BARIONN 58 &% 4.00; ™ b el MOTOR BUS FIRM MERGER REPORTED Investment Banker Reveals Program for Expansion of Present Services. Special Dispatch to The Star. WINCHESTER, Va., December 18.— Merging of a number of motor coach companies operating in Virginia and nearby States and the District of Co- lumbia, economies in operating costs and eliminatjon, to some extent at least, of frritating’ competition and rate cuts were reported here today following an- nouncement of the sale of stock and equipment of the Eastern Public Serv- ice Corporation to United Utllities, now being organized for incorporation under Virginia laws. J. H. Lennon, investment banker, Hartford, Conn., who authorized an- nouncement of the purchase of the Eastern by the United, with which he is associated, would not, however, con- firm persistent reports that other lines were to be absorbed by the new corpo- ration. He sald he and his associates were busy just now arranging final de- talls of the United-Eastern transfer, Exchange of Stock Voted. Stockholders of the Eastern Corpo- ration, meeting this week in Washing- ton, voted to exchange their stock for shares of equal value in the new com- pany and, in addition, to accept ap- proximately $450,000 for its assets, in- cluding motor coaches and other equip- ment. The Eastern operates a large fleet of coaches between Washington and Knoxville, Tenn. The United also acquired the Eastern's franchise and other rights. Earl Pflug, Roanoke, Va., will continue as operating super- visor, and the personnel will not be changed, it was said. > ‘The Old Dominion Stages, an asso- clated company of the Blue & Gray ‘Transit Corporation, also operates a fleet of coal in the same territory and is in competition with the Eastern. The Blue & Gray operates a line from Winchester through portions of West Virginia to Clarksburg and beyond. Shenandoah Stages, organized recently by John A. Towns, Hi nburg, Va., likewise operates coaches between Washington and the Shenandoah Val- ley and also from here to Chambers- burg, Pa. Objections to its Virginia operations were raised before the State Corporation Commission recently by the Eastern & Old Dominion Stages, but it is continuing under authority of an injunction granted by United States District Judge Groner of Eastern Vir- ginia. There are several other companies operat on routes in Virginia and nearby States, with Winchester as a central converging point on six main highways, and upwards of 75 motor eollches enter and leave terminals here daily. of United would take place early in January. Already, he said, orders were being given for eight additional coaches of the parlor car type, to be used between Washing- e A e’ plased in serviee, ment ! n service. A'n!od.lwd with Mr. Lennon, he said, in organizing United Utilities were a number of prominent men tl East, including Ralph Shoat of the in- vestment firm of Shoat & Shoat, Ro- anoke, Va.; former United States Sena- tor N. S. Dial of South Carolina, now ; H. W. Warden, former of Washington; H. Conttaental Co., investment 14 | bankers, ‘Washington. GRAIN MARKET CHICAGO, December 18 (Special) — The wheat market was little changed to- day with the stronger Liverpool market offset by the bearish_construction placed | § n Wednesday’s Government crop re- ‘;51?;‘ The wheat crop of 1930 was finally estimated at 850,000,000 bushels, compared with 809,000,000 last year. December old, opened 767;; March old, 7914 to 79%; new, 79,; May old, 81 to 81%; new, 811 to 815 July, 69% to After -the first half hour Decem- ber old, 76%; March old, 79%: new, 7915; May old, 81; new, 81%; July 691a. Cont Mr. Lennon said transfer of the stock | & the Eastern to the ;B General Equits e i RAILROAD TROUBLES CALLED OVERDONE Economists Say Business Recovery Will Turn Traffic and Earn- ings Upward. Special Dispatch to The Star. NEW YORK, December 18 —Com= parison of the relative position of rail- roads in 1929 against 1920 indicates that at the beginning of this year plant, facilities, equipment and financial situ- ations were the best in their history. The current business depression and the emphasis placed upon the menace of rate reductions, increasing taxation, highway and pipe line competition by the roads themselves have resulted in wide public overestimation of present and potential adversities besetting rail- roads in general, according to a current bulletin of the Standard Statistics Co., which continues, in part: “Ultimate improvement in funda- mental business will unquestionably be followed by upturn in railroad traffic and earnings, based on the progressive improvement in operations displayed over the past decade. Compared with the first 10 months of 1929 there was an increase this year in the number of locomotives and freight cars installed in service, the latter uhnfinx.” an "l:‘; crease over any corresponding pe: since 1926. Curtailment of equipment additions is in prospect in coming months as a result of the smaller num- ber of freight cars and locomotives on order as of November 1.” ———— NEW YORK COTTON NEW YORK, December 18 (Special). —Cotton prices cantinued their advancg at the opening of the markeét today, the list starting off unchanged to 7 points higher. Much of the buying, especially in near months, was attributed to shorts who had become overextended. October, the only month not to show an advance, was still being sold by professional operators. Opening prices were: December old, 9.86, up 5; December new, 9.85, up 7; January old, 9.84, up 3; January new, 9.87, up 3; March, 10.15, up 4:; July, 1053, up 2, and October, 10.85, ‘un- changed. RETRERR INVESTMENT TRUSTS —Over-the-counter market: All-Amer Inv A Am Ado: Bt ol A 5530¢ ocks A“DI:HC Secur pf . Pt Chain & Gen' E 2 Ehitterea avesiors ©F y Pirst American’ Co PFirst Custodian Sh Fixed Trust Granger Trading Gude Winmill Trad Ce Incorporated Investor: Independence Trust Sh; I C Am Major Corp Shares Massachusetts I Mohawk_Invest Mutual Investm Amer Truf Northern _Securities. Power & Light Secui Power & Rail Ty Shi Premier Shares. . Public Service Tr Do. 6 Secur Corp Geén' 6% 'pi Shawmut Bapk Inves! Short Term Trust Sh Corn firm on short covering be- |Stand Was cause of the bullish Government crop report. The final figures were 2,081~ 000,000 bushels l{:flnflt 2,614,000,000 a year ago. December old, opened 69%; new, 69%; March old, 73%;; new, 74 to 137 May old, 75% to 15%; new, 75% to 757%. After the first half hour De- cember old and new, 69%; March old, 72%; new, 73%2; May old, 74%; new, 5% Oats were firm with corn. December ald,.opened 32%; March new, 33'3; May old, 34% to 34%; new, 34)2. Aft- er the first half hour December old, 321; March new, 33%; May old, 34%;; 9% | new, 34%. Provisions were higher with grain, CHICAGO LIVE STOCK MARKET CHICAGO, December 18 (P)—(United States Department of Agriculture) Hogs, 38,000 head, " including 13,000 et OUReCk: S°T5 owers opr 80" 1ot ower; . oo o bulk, 200;5;)0 unds, 7.75a7.90; pigs, .00; pack- i’:z sows, 6.65a7.00; light light, good and choice, 140-160 pounds, 7.90a8.10; light weight 160-200 pounds, 7.85a8.10; medium weight, 200-250 pounds, 7.758 | 7.95; heavy welght, 250-350 pounds, 1.50.75855: sgmkmz sows, medium and 75- = and choice, 100-130 higher; -strictly choice yearlings absent; medium and strong weight beeves at 13.30 and 13.25; butchers stock strong to 25 higher; bulls and vealers about steady; slaughter cattle and vealers: Steers, good and choice, 600-900 pounds, 10.25a14.25; 900-1,100 pounds, 10.25a 14.25¢ 1,100a1,300 pounds, 9.75a14.00; 1,300-1,500 pounds, 9.25a13.50; corffton and medium, 600-1,300 pounds, 6.25a 10.25. and choice 550-850 50a12.75;, common and pounds, % medium, 25.00ll 50; Choice, 5.2587.25; common and medium, 4.00a5.25; low cutter and cutter, 3.0 bulls (: lings excluded), CMB: (beef 5.80a7.00. to_choice lambs, l% 0 pounds, 6.50a7.25; slaugh- | Me ni United Capital units. U8 & Brit Inter A Do, US Do. ¥ Universal Trist Bliarei Wedgewood I Do. f. Stand Inv 5s '37 xw. Holding and Finance Companies. Am Founders 6% pf. Do. 1% pf, 8L E Bankers Nat In Central Nat Corp A Boams mwBie FEEF troleum & Trad Corp. NEW YORK, December 18 (Special). Special Dispatch to The Star. BALTIMORE, Md., December 18.— Potatoes, white, 100 pounds, 1.25al1.7 sweet potatoes, barrel, 2.00a3.50; yams, barrel, 2.50a3.00; beans, bushel, 2.00a 3.00; beets, 100, 3.00a3.50; cabbage, ton, 20.00a22.00; carrots, 100, .00a4. cauliflower, crate, 1.50a2.00; celery, crate, 1.50a2.75; eggplant, crate, 1.50a2. kale, bushel, 65a75; lettuce, hamper, 1.75a2.00; peppers, crate, 1.00a2.5 parsnips, bushel, 75a1.00; spinac! bushel, 60a85; tomatoes, crate, 1. 4.50; turnips, bushel, 60a80; apples, bushel, 60a2.00; cran , box, 2.50a 3.00; grapefruit, box, 1.50a3.00; oranges, box, 1.75a3.25; fangerines, box, 1.00a2.00. Dairy Market. Poultry, alive—Turkeys, pound, 30; old, 25a26; ‘chickens, Springers, 16a20; Leghorns, 14al5; bareback, 12a13; old hens, 14a20; Leghorns, 11al4; roosters, 11a13; ducks, 12al18; geese, 16a22; guinea fowls, each, 30a60; pigeons, pair, 20. Eggs—Receipts, 526 cases; nearby firsts, 30; hennery, whites, firsts, 32a33; Southern firsts, 28; current receipts, 28. Butter—Good to fancy creamery, pound, 30a34; ladles, 23a25; rolls, 20; process, 28a29; store packed, 15a16. Live Stock Market, Cattle—Receipts, 150 head; light sup- ply, market steady; steers, choice to prime, none; good to choice, 8.50a9.50; medium to good, 7.50a8.50; fair to me- dium, 6.50a7.50; plain to fair, 5.5026.50; common to plain, 4.50a5.25. Bulls, choice to prime, none; good to choice, 5.50a 6.00; medium to good, 5.25a5.50; fair to ‘medium, 4.75a5.25; in to f 4. P 5.5026.00; medium to good, 4.50a5.50; fair to medium, 4.0024.50; piain to fair, 3.00a4.00; common to plain, 2.25a2.50. Heifers, choice to prime, none; good to choice, 6.75a7.75; medium to good, 6.2586.75; fair to medium, 5.5026.00; plain to fair, 5.00a5.50; common to plain, 4.50a5.00. Fresh cows and Springers, 20.00a80.00. Sheep and lambs—Receipts, 75 head; light supply; market steady; sheep, 1.00a3.50; lambs, 5.0029.00. Hogs—Receipts, 1,200 head; moderate supply; market spotty; lights, 8.50a8.90; heavies, 8.25a9.65; medium, 8.50a8.70; roughs, 6.75a7.60; light pigs, 8.25a8.60; pigs, 8.85a9.10. Calves—Receipts, 50 head; light suj Hay and Grain. 79; Ne ;afg'wfnu"d wumn:'yr' ot 70 | 79; No. 2 r r, garlicky, H | December, 79. o e Corn—No. 2 dontestic, yellow, old, 85a86; cob corn, new, 4.35, Rye—Nearby, 55a60. 43. Hay—Receipts, none, General hay market strengthening. Drought has serlously curtalled nearby crops, cheng- ing the entire situation. -Sections heretofore shipping are now asking :‘f!l;r:h of hny.hnao‘o'd;u clover mixed lfl othy new hay bring from 24. to_28.00 per ton. - Wheat straw, No. 1, per ton, 9.00a 10.00; oat straw, No. 1, per ton, 9.00a s anyny CHEMICAL PRICES DROP ON IRREGULAR BUYING Special Dispatch to The Star. NEW YORK, December 18—Con- sumers have been slow to place com- mitments for requirements over next year and heavy chemical producers, in attempting to stimulate buying interest, have maintained a competitive market, with the result that contract prices for many chemicals in the past month were lowered below the figures quoted in the preceding month, Chemical & Metallurgical Engineering reports. Un- certainty regarding the prospects for the coming year undeubtedly has held back contract buying, - but the re- iuctance of buyers also has been strengthened by the unstable price posi-~ tion of the market. harp in prices for liquid chiorine and ammonia, together with reductions in acetic acid, formaldehyde and white lead, brought a further de- cline in the weighted index number, which settled at 93.17 for this month, against 93.82 last month and 99.73 in December, 1929. So far as fundamental conditions are concerned, last month brought forth no new situations which might be interpreted as price factors. However, the fact that producers are now offering many chemicals at close to production costs should give greater confidence in the stability of prices. Chemical production, while some let-down from the rate main- tained in the immediate preceding months, does not appear to have fallen off to the same degree as is reported Oats—White, No. 2, new, 44; No. 3,/ || The non-ferrous metal mining in- dustries have shared in the industrial depression that has been characteristic of 1930, having been burdened with re- duced consumption, excessive stocks of metal, pnaducuon 'fibl; han was re- 3 the year closes, however, there are definite indications that an improvement has already set in which, it continued, as seems likely, may result in a normal amount of business and fair prices by the end of the coming {:fir, Few of the well established s America can be termed old-fs but_improvements are constantly being made, especially in_the realm of ore concentrati and smelting, and any ideas of cutting costs by plant and process up to date are likely to re- ceive speedy adoption. Action to Help Copper. ducers curtalled mine production, but many others continued at capacity, and stocks of the metal mounted rapidly. The price was suddenly reduced to 14 cents on April 15, 1930, and subse- ual operating loss and for many it . tinuance of all dividends, Therefose s conference of representatives abou 0:" pe: cent of world copper o : and it was decided curtail production further, substa; o to accord with consumption and to pre- vent furth tion of stocks, suffered from ued stocks, accompanied by prices receding to at or below dum“ many mmmx:':“ o Mo Siiver Lowest in History, Silver, too, has suffered, not from the general industry, I’l:t from systems it ply; market steady: calves, 5.00a11.50. | ties: Advantages in the Shoreham Building Impraufiandn moment you Building you feel the atmosphere of importance and dignity which pervades. You'll realize substantial busi- ness is housed in this sub- stantial building—where convenience and comfort are both maintained by . efficient management. There is frueigc‘ to tenancy in the Shorehdm Building. Inspection of avail- able space is solicited. MESKEEVER £ GOS$S$ 4 Representative of the Owners SHOREHAM INVESTMENT COMPANY Rental Office Room 520 . 15th at H National 5643 for ind in general. The movement of chemicals to consumers in November did not come up to expectations, but more recently there has been some re- vival in contract ess, and While trading undofibtedly’ has been quick- ened at the cost of values, neve less the effect is shown in an increase in the advance sale of next year's pro- duction of chemicals. Like Stealing the Stove. ‘Three nien are under arrest at Grand Rapids, with stealing 150 miles of copper wire from high- tension lines between Grand Rapids and Marshall. These men climbed steel towers a.d dismantled - lines with 144,000 volts. Men expert enough to take and conquer such risks as this * | might have found well paid employment with the concerns they rob. But they appear to have preferred risking their lives and the ever-present threat of arrest in order to attain @y criminal means what they might have come by honestly. . STOCK AND BOND AVERAGES By the Associated Press. From Yesterday's 5:30 Edition. Trade Mark Satisfaction CALENDAR PADS For Your Office Desks None too soon to be putting them in. Doubtless many are already 4 ing “Memos” for ‘“.u'-:-nn-n'! © i TEEL R aagesfangifyy B