Evening Star Newspaper, December 24, 1930, Page 10

'A_lo e ek YRl VEGETABLE PRICES | EMANUNSETTLED Eaitern ‘Potato Markets Are Slightly.wj‘-_ligher, but Gen- eral Tone Is Irregular. 3% vedey Bastern.potato markets responded a little - to.,the December crop report, shawing production considerably below the. November estimate and not much larger than last season’s crop, says the Uniied Siates Department of Agricul- tuge, Pureau of Agricultural Econcmics, ‘Market News Service. There were gains of \about 5 cents per 100 pounds at several country shipping points, but trade was dull in the preholiday mar- kets and there was not much change in range cf prices in the large con- suming centers. Maine Green Moun= tains followed jobbing range of $1.90 to $2.10 100 pounds in six Eastern cities, 7 Island stock sold a little higher th Maine potatoes, reaching top of $2.15 in New York. Round white varieties from Western New York sold at $1.80 to $1.90 in Baltimore and Pittsburgh. The Chi- cago market failed to show the firmer tone of Eastern market centers, owing to rather liberal arrivals from Western and Northern points. Prices of sweet potatoes were irreg- ular and unsettled in late December. Delaware and Maryland yellow stock gained slightly, reaching $1.25 to $1.65 per bushel in nsuming markets. There was a wide range on New Jersey sweets at $1.30 to ! Baltimore re- ported a few sales of Virginia yellow potatoes at . to $3.50 per barrel. North_Carolina Porto Ricans followed a jobbing range of $1 to $1.50 per bushel. Tennessee and Delaware were leading sources of supply to Eastern markets, and shipments from all sources increased somewhat preceding the year-end holiday market season. Sweet potatoes are one of the few lines of produce still selling close to the price level of a year ago. The Decem- ber crop report showed little change from the November figures and the crop is still indicated well below that of last season and about 3,000,000 bushels under the five-year average. The New Jersey crop is slightly larger than a year ago, but the Eastern Shore area produced little more than half as much as in 1929. Carlot shipments have been running about 20 per cent less than for the same period last season. Cabbage and Onions Lower. The general price rang: of cabbage tended downward after the middle of December, although prices were holding about steady in Western New York producing s:ctions at $14 per ton bulk. Wisconsin cabbage sold generally below $10 in producting sections. City mar- kets were mostly lower at $18 to 323 per ton, or $1 to $1.15 per 100-pound sack. Most of the city markets re- ported supplies moderate and demand slow for old cabbage. New cabbage appeared to be in liberal supply for this time of the year in New York and some other markets. Florida stock sold at 75 cents to $1.25 per 115-bushel hamper in New York, but mostly $1.50 to $1.75 in other Eastern cities, South Carolina cabbag> brought $1 to $2 in Northern markets. Southern red cabbage was quoted at $2.50 per hamper in Chicago. Prices of onions were lower at East- ern and Northern shipping points in late December because of light d>mand. Western New York -shippers recelyed about 90 cents per 100-pound sack for best yellow stock. Onion shipments were light and trading generally slow. Prices of old are far below those of a year ago. ey sell at about half the price prevailipg in producing sec- tions late in 1929.% Shipments decreased and averagd only about 75 cars daily the third week of December. Markets are expected to follow weather condi- tions more or less for the holiday sea- son. : The present low prices are unsatis- factory to holders and tend to reduce shipments. Conditions interfering with activities at shipping points might bring moderate advances in consuming markets, because the trade has been buying only in small lots, and probable holdings in city markets are very mod- erate, despite the large quantity held at some country shipping points. Apple Shipments Lighter. Carlot shipments of apples are stead- fly decreasing, but there are Iiberal holdings in cold storage, and all East- ern markets report moderate to liberal supplies. Demand seems to be fairly good and prices hold at nearly the same Jevel as in mid-December. New York Rhode Island Greenings indicate gen- eral apple market position in leading centers at $1 to $1.50 per bushel and $4 to $6 barrel. Stavmans are reported in a few markets at $1.50 to $1.85 and Eastern Delicious at $2 to $2.25. Bald wins appear to be in limited supply, but were quoted in late December at $4.25 to $4.50 per barrel in New York City. New York McIntosh brought $5 to $5.50 and Kings $4 to $4.50. Washington Produce Butter—One-pound prints, 37'2a38 tub, 36a37. & Eggs —Hennery, 33a35; ceipts, 28a30, Poultry, alive—Turkeys, ye 35; old, 28a30: chickens, 17a18; Leg- horns, 16; fowls, heavy, 15a16; small, 14a15; Leghorn fowls, 12; roosters, 13; ducks, 15; keats, large and young, $0a60; old, 25a30. Dressed—Turkeys, young, 37a40; old, 33234; chickens, 20a 22: Leghorns, 18; fowls, heavy, 17a18; small, 17; capons, large, 37a38; small, 32a35; ducks, 24a25; roosters, 15; keats, 0a80; old, 40a45. —Beef, 18a23; veal, 18a23; lamb, 20a72; pork, loin, 24: fresh hams, 24; fresh shoulders, 20. Smoked—Hams, 25; shoulders, 18: bacon, 27. Game—Rabbits, 20a30. | Lard—In bulk, 12!;; in packages, 15.:‘ , Live stock—Calves, 10; lambs, 8. | Fruits—Strawberries, per quart, 1.00a 1.25: oranges, California, 3.50a5.0 Florida, 2.50a3.50; grapefruit, 2.50a3.00; | tangerines, 150a2.25: kumquats, per rt, 20; grapes, Belgian, hothouse, per | ound, 85; Emperors, 1.50a2.00; cran-| erries, 3.75; apples, bushel baskets, | 75a2.00; box stock, 3.25a3.75. lemons, 3.00a4.00; pears, box stock, ‘3.25a3.75; pineapples, 5.50 Vegetables—Potatoes, 150-pound sacks, 3.00a3.50; eet potatoes, per bushel, 1.50a2.00; celery, California, large crates, 5.00: New York, small crates, 3.00a3.50; cabbage, new, per hamper, 2.00; old, 100-pound sacks, 1.50: pai snips, per bushel, 1.25a1.50; peppers, per | crate, 2.50a3.00: broccoli, 3.50a4.00; | carrots, per 100 bunches, 6.00a7.00; beets, per 100 bunches, 6.00a7.00; peas, ' Mexico, 45-pound _crates. 5.75a6.00; mushrooms, 1.00a1.25; caulifiower, 2.00a 2.25; tomatoes, repacks, 2.00a3.00; hot- | house, 8-pound baskets, 1.35a1.75; cu- cumbers, fancy, per dozen, 1.80a2.5 French endive, 10-pound box, 2.5 string beans, 4.00a5.00; kale, 75al. spinach, 1.00a1.25. a current re- young, 33a WILL SING CAROLS Vocal Program to Feature Waverly Hills Community Celebration. Special Dispatch to The Star. o BALLSTON, Va., December 24.—The singing of Christmas carols will feature the lighting of the community tree to- night at 8 o'clock by the citizens of ‘Waverly Hills, on the playgrounds at Miller avenue and Veitch street. The tree will be lighted throughout the holidays. choirs of the churches of the community ml.l'pn- ticipate in the celebration. ) | terday following heavy withdrawals. NANCIAL. THE EVENING STAR, WASHINGTON, D. C. NEW YORK STOCK: EXCHANGE Received by Private Wire (Continued from Page 9.) ~Prev.1930~ Lo Missour} Pacific Missourd Pac pf Mohawk Carpet. .. Monsanto Ch (g1%) Montgomery Ward. Mother Lod Motor Meter G & El Motor Products (2).. Motor Wheel (3).... Murray (B)(2% stk) Nash Motors (4). Nat Air Trans Nat Bella Hess. Nat Bella H pf (7) Nat Biscuit (13.30) Nat Biscuit pf (7) Nat Cash Reg A (t4) Natl Dairy (2.60)... Nat Dept Store. i 10 9 10 42 @ 3 Nat Supply (5), Nat Surety (5) ¢ Natl Tea (1).. . Nevada Copper (1).. Newton Steel....... N Y Air Brake(2.40). Y Central 18).. . Chi& St L(6).. Ch & St L pf (6). Invest (1.209. N H & Hart Ont & Wester: State Rys pf. N Y Steam pf(6) Norf & West pf (4). North Am Aviation. . Nor Am (b10%stk).. North Amer of (3).. North Am Ea pf 16). No Ger Llovd (3.43). Northern Facific (5). Oh10 011 Co 12)..... Oliver Farm Equip . 2 Oliver Farm Ea ev pt Oliv Farm Eq pr pf.. Omnibus Corp. .. Omnibus pt (A) (8). Otis Elev n (23). Otis Steel Outlet Co p: Owens Il Gla: Pacific Coast 2d pf.. Pacific Gas & El (2). Pacifie Lighting (3). 4 Pacific Tel & Tel (7) Packard Motor (60c) Param'nt Publix (4). Pzrk & Tilford Park Utah .. Parmelee Tran: Fathe Exchang Pathe Exchang Patino Mines.....: Peerless Motor Car. . Pennev (J C) (3) Penn Dixie Cement. . Penn Dixie Cem pf mpannSnesraate 5 . 208 10 R V.. . Gas Ch (8). Petrol Corp (1%). Phelps Dodge (2). Phila Read C&1.... Phillips Petrol (n2). Plerce Of1 . Pillsbury Flout (2). Pittsburgh Coal Pittsburgh Co: Pitts Teri C pf. Popr & Co (B) (2)... PR Am Tob (B) Postal Tel & C pf (7) Prairls Ol} & Gas (2) PubSv N J (340), Pub Sv N J pf (5). Pullman Corp (4). Punta AlegreSug: PureOfl...... Pure O11 pf (8) Purity Bakertes (4). Radio Corp ... Radio Corp (B) (6).. Radio-Keith-Orph A. Raybestos Man 2 60. Reading Rwy (4)... Read Silk Hoslery(3) Rem Rand (1.60).... Reo Motor Car (80¢). Republic Steel Republic Steel pf. Reynolds Metals Reynolds Spring Reynolds Tob B (3). Richfield Ofl. .. R:n Grande Ofl Safeway Stores (5) St Joseph Lead ( St L-San Fran (8 St L-San Fran pf ( St L Southwestern . i Savage Arms (2) Seab’d Air Line pf. Sears Roebuck 32%. Second Natl Inv. Second Natl Inv pf Seneca Copper 4 Servel Inc. Sharon Steel Hq Sharp & Dohm Shattuck (FG) Shell Union Oil. Shell Un O1l pf ( Snubert Theate Stmmons Co. Simms Petroleum. SinclairCon Oil (1). Skelly 011 (2).. 4 Sloss-Sheffield pf. Sou P Ric Sug (1.40) Southern Cal Ed (2). Sou Dairies (B).. . 1 Southern Pacific (§). 17 Sates— Add 00. High. 1% 75508 27'% 388 4 17 8% 146 301 3814 R4 237 1115 33% 100% 30 1674 —Prev 1930~ Hizh Low 136% 471 135% 3014 85 3614 291, Souther: Sou Ry Prev Low. Close. Close. 2814 Sparks 814 28% 28 Stand G Starret! Stone & Superiol 4 The Fai Thermo Third A Thomp-: Timken Timken Tri-Con: % Tri-Con! Una- Union 105 331 4 Ttd Am 44% Utd Cgr Utd Cor Utd Fru! U S Fre US Lea U S Lea U S Tol Univ P UHIP& -Car VaEl& Wabash W Walwor Warner Warner Warren Wess O Wess O Wh Rocl Wilcox Youngs 30 AM. 0 P.M. Dividend rates at payments based o sl stock. in . nPlus T Plus 14% in stock. Stock and Dividena Rate Texas Corp (3) 4 Tex Gulf Sulph (4). Texas PC&OIl..... Texas Pac Land Tr.. Thatcher Mfg (160), Thatcher Mfz (1.60). Third Natl In Thompson (J R) (3). Thompson Starrett. . Tide Water As (60c) Tide Water As pf (6) Tobaceo Produet: Tobacco Prod A t95¢ Transamerica (1). Trico Prod (214) Truax Traer (1.60).. Union Oil. Calif (32) union Pacifie (10)... Union Pacific pf (4). Un Tank Car (1.60).. Utd Afrcraft..ou.eee Utd Afrcraft pf (3).. UnitedBiscuit (2)... United Carbon (1) Utd Cigar Stores Vadasco Sales Corp. . Vanadium Corp (3). Vulcan Det (4).. dort Systm (1%) Willys-Overland Willys-Over pf (7 Wilson & Co (A).. Woolworth 12.40) . Worthington Pump. . Worth Pump(B) (6). Wrigley (Wm) (4).. Yale & Towne (2). Yellow Truck Peop Gas Chi.Jan 15 Sales of Stocks on New York Exchange Direct to The Star Office. Sales— Prev. Add 00 High Low Close. Close 89 52 B51% 52 B2 2 n Rwy (8)... M&Oect (4). Withine (1), Stand G & E pf (4) & El pf (6).. Stand G & El pf (7).. Stand Invest Corp. .. Stand Ofl Exp of (5). Stand O11.Cali(h2%). Stand Ol of N J (12) Stand OfI N Y (1 60). t (L S)(12%) Sterling Sec (A).. Ster! Sec pf (120)... Sterl Sec cv pf (3)... Stewart-Warner (2). ). Wel Studebaker Corp (3) Submarine Boat. Superheater (13 r O11 T (2 40) 1d Co venue. Sasnumat Star pf (33) Det Ax (80c) Roller (3 Comomoon t Corp. 1 Corp pf (6) =t mRe D roms -Fischer (d). ‘arbide (2.60) oy oo I b Bosch. ... Store pf(6).. Utd Corp (50¢).. P pf (3). Utd Electric Coal it (4) Utd Gas & Im (1.20), Utd Gas & Im pf (5). Utd Piece Dye W (2) U S & For Secur..... U S & For Sec of (6). ight (3). U S Hoftman. . . U S Indus Aleo (7)., ther (A)..... th pr pf (T).. USPipe&F(2).. . U S Realty&Imp(3). S Rubber 1st of. S Smelt & Ref (1). S Smelt Ref pf 3% acco (4) ., pe & Rad 1 S(A)et215. 8 & 528 808 ualte 1st pt, . 1208 2 Chem 6% pf. 1 Pow pf (6).. 10s . 708 4 2 Df (A) (B).. th Co (2) 405 i Ward Baking (A)... 30s ‘Ward Baking (B) Ward Baking pf (7). 8 1 100 Bros Plct. Quinlan. Bros (3).. . 1 & Snow (2). & Sn pf (4).. Westvaco Chlor (2).. Wextark Radio Stri White Motors (2).... k M8 (14%)., White SewingMach. Rich A (23%) Spring (3). Zenith Radio. 1n 267.900 1.287,100 given in the in_stock. "d k. Plus 10% in stock ck. 3 Plus 8% in stock. k Plus 3 5% Plus §1.00 in ‘stock. DOORS OF GOTHAM BANK AR CLOSED Institution Patronized by Theatrical People Taken Over by State. By the Associated Press. NEW YORK, December 24.—The Chelsea Bank & Trust Co., a small in- stitution -patronized mostly by theatri- cal people, was taken over by State Supt. of Banks Joseph Broderick yes- Broderick said he closed the bank to preserve its assets for depositors. The institution operated seven offices. It owned the Chelsea Exchange Safe De- posit Co. and the Chelsea Exchange Corporation, a securities firm. ‘The run developed Monday night and continued yesterday morning. Brod- erick said it was caused by rumors. Of- ficials began an investigation of reports that a malicious campaign was under way to injure hanks by circulating falsz rumors. ‘When the notice of closing was posted at the Bronx branch yesterday after- noon a line of 300 depositors stormed the door, Several patrolmen rushed through the crowd with drawn revolvers and formed a small circle around the doorway. Emergency squads dispérsed the crowd. There was no disorder at other branches. ‘The Chelsea Bank was a National and State depository, but not a member of either the Federal Reserve or the New York Clearing House. It was cap- italized at $2,500,000, had deposits of ap- proximately $18,000,000 and total re- sources of $23,000,000. WITHDRAWALS CLOSE BANK. Philadelphia Institution, Used by Mer- chants, Suffers closed its doors today “on account of heavy withdrawals.” The bank was established in 1888. Its deposits are estimated in excess of $2,000,000, mostly by small merchants in the neighborhood. It operates un- der e)(tmrllan 6 of the private bank- ing act of 1911 and, therefore, is under n&lsmu or other governmental super- viston, INDIANA BANK CLOSED. Frozen Assets Cited As Cause of Insti- tution’s Failure. CONNERSVILLE, Ind., December 24 (#).—The First National Bank here was closed today by order of its directors. Frozen assets was given as the cause. It is understood the bank, capitalized at $200,000, is solvent. Public Utilities BY GEORGE T. HUGHES. NATIONAL POWER & LIGHT. companies, giVing_ their history. field of operations and an analysis of the capital structure. Mr. Hughes will dis- cuss bonds as well as stocks. but will resent the facts without any attempt o recommend purchase or sale of specific securities.) Organized in 1925, National Power & | Light Co., a holding company, Jacks the seasoned record for its securities that operating companies previously dis- cussed in this series enjoy. It has, however, the benefit of experienced management through its affiliation with Electric Bond & Share. It has made a remarkable earning record in this year of business depression. For the 12 months ending September 30 last, the state- ment shows increases in both gross revenue and operating income and a hrgemkr net per share for the common stock. ‘The properties controlled are located in the Southern States and in Penn- sylvania, and nearly 75 per cent of the business done is in the electrical field. Among the more important subsidiaries are Birmingham _Electric, Carolina Power & Light, Knoxville Power & Light, Memphis Power & Light and Pennglvnnln Power & Light. The last named is controlled mmufin ownership of the stock of the Lehigh Power Se- PHILADELPHIA, December 24 (#).— The private bank of M. L. Blitzstecn & Co, Fourth and curities Corporation. ‘The capital structure -mma of two Lombard streets, issues of debenture bonds, of them of long term and both selling to yield around 5.75 per cent; an issue of $6 cumulative no par preferred stock sel ing at present at or just under $100 a share, and 5,428,416 shares of no par | common. Fixed charges are earned about 1.7 times, and fixed charges and preferred dividends taken together about 1.6 times, which gives the preferred a wide margin of protection. According to the last income account, net available for the preferred was over $49 a share. The dividend |rate on the common is $1 annually, | which is currently covered more than |twice over. This is a showin which the market appraises liberally. The stock sells on a low yield basis, partly as a tribute to the character of the management and partly reflecting the steady growth in earnings and an- | ticipating continuation of such growth in the future. PARIS BOURSE PRICES. | PARIS, December 24 (#).—Prices | movea irregularly on the Bourse today. Three per cent rentes, 85 francs 30 centimes. Five per cent loan, 101 francs. Exchange on London, 123 francs 60 centimes. The dollar was quoted at 25 francs 44! centimes. Monday, December 2! [ INVESTMENT TRUSTS NEW YORK, December 24 (). — Over-the-counter market: Amer & Cont Corp. Ali-Amer Invesiors A pi Bid. Asked. 10 d Ins_Trust Si 93 U8 Elect Lt & Pow Shares B 6% Others unchanged. PSS Nitrate plants in Chile are shutting throw! down their mines, ing many men out of work. The Bourse will remain closed until Eno WEDNESDAY, [HIGH GRADE BOND ISSUES ARE HIGHER Cut in Rediscount Rate Aids Prime Group—Trading Quiet. BY F. H. RICHARDSON. Special Dispatch to The Star. NEW YORK, December 24.—The feature of the bond market today was the dullness of trading. Prices, led by the high-grade group, worked irregu- larly higher owing to the dropping of the New York Federal Reserve redis- count rate to 2 per cent; but there were 8o few people actually at their desks in the financial district that the ultimate effect of this cut will not be felt until after Christmas. What buying appeared was highly selective, but on the other hand offer- ings were withdrawn when it was dis- covered that many bids in secondary and third grade issues had been with- drawn until Friday. Nowhere were the declines of an important nature. ‘Time money rates immediately re- flected the drop in the rediscount rate and bankers' acceptances went to a new low for the year. Seasoned investment favorites were strong from the start. Advances in this class included Atchison General 4s, Canadian Pacific 4s, Pennsylvania 412s, Frisco A 4s, Nickel Plate 4’25, Chesa- peake Corporation 5s, Standard Oil of New York 4';s, Standard Oil of New Jersey 5s, Duquesne Light 4 delphia Co. 5s, Columbia Power & Light 5s and International Telephone 5s. Mobile & Ohio 5 per cent secured notes, which dropped to over a 9-point discount Tuesday, ad- vanced fractionally from their low. United States Govermment issues were all 1-32 to 3-32 higher on a fair volume of buying. Convertible bonds showed an irregu- lar trend, despite the strength of stocks. Alleghany 5s, Baltimore & Ohio 41%s, Southern Pacific 4l2s, American Tele- phone 4l5s and Texas Corporation 5s showed strength. Most movements in the junior rail group were upward and some of them were substantial. Chicago & Eastern Ilinois 5s, up 2%; St. Paul 5s, up 1% Erie General Lien 4s, up 1!3; Frisco 4'¢s, up 1, and Boston & Maine 5s, up 1. International Great Northern first 6s gained 2’4 points at the start, but later dropped to a 1'2-point loss. This was a direct reflection of November earnings figures. On the Curb Exchange Gillette Razor 58, Van Sweringen 6s, Associated Gas & Electric 5s, Cities Service 5s and other active issues revealed a slightly higher tendency. TESTIMONY IS HEARD IN ELECTION DISPUTE Evidence Presented in Contest Over State Senatorship in St. Marys County. By a Staft Correspondent of The Sta: LA PLATA, Md., December 24.—Tes- timony in the election contest between State Senator Walter J. Mitchell and Thomas B. R. Mudd was heard behind closed doors by Justice of Peace Walter H. Gray yesterday. Senator Mitchell ‘was re-elected by 34 votes last month, according to the official count, but Mr. Mudd is challenging the decision of the Board of Election Supervisors. It was said no sensational charges were made at yesterday's hearing. At- torneys Willlam Stanley of Laurel and John F. Mudd of Bryantown repre- sented Senator Mitchell, while Wendell D. Allen of Baltimore and Joseph A. Wilmer of La Plata appeared for Thomas Mudd. > The testimony will be presented to the Election Committee when the General Assembly meets next month. i el Washington Stock Exchange SALES. Capital Traction Co.—7 at 4314, Natl. Mtge. & Inv. pfd.—200 at 117 AFTER CALL. Capital Traction Co.—5 at 4314, Pot. Elec. 5'2% pfd.—10 at 10715, Natl. Mtge. & Inv. pfd.—53 at 5. NOTICE. This Exchange will be closed tomor- row, Christmas day. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Telga. 4'a: Amy Tel. & Tels 4" . & Tel. stin ‘& Fot. s 133, 28 39 el tr. 85... . R, K. 8s.. 8 98 frocs 82 1042 f06 prees 991 4 104 s 85, seri 102% Gas 65 series B. Rwy. & Elec. 4s . MISCELLANEOUS. Barber & Ross. In s Chevy Chase Club 8)as ... Columbla Country Club $i3s. D. C. Paper Mfs. 6s Wi Wash. | New So Wales 6 DECEMBER 24, 1930. FINANC [ovoee vone BONDS o ] Received by Private Wire Direct to The Star Office i UNITED st 8 Lib3%s..... Lib 1st 414s. Lib 4th 4%s US3%s'43.. 176 US3%s"47 u u v FOREIGN. Sales High. Argentine bs '45 3 82% Argentine 5%s Argentine May Argentine 6s Oc '59 Argentine 63 A '67. Argentine 6s B ‘58, Australia 4%s "56. Australia 63 ‘55 Australia 6s ‘67 Austria 78'43.. Batav Fet 4% Belgium 68 ‘55 Bolivar 7s ‘58 Bolivia 7s ctfs'69 Rolivia 8s 45 Bordeaux 6s 34 Brazil 6158 '26. Brazil 6%s'27. Brazil 8s 41 Canada 63 '31 s Chile 7842, . Chin Gvt Ry 63°5 Christiana 6s'54. . Colombla Gs Jan ‘6 Con Pow Japan 7; Copenhag 5= ‘52 Cuba 64s"45. Czecho 83 '51. Dan Mun 85 A *46 Dan Mun 8s B '46 Denmark 4%s ‘62 Denmark 6%s 55 Dutch East 1 No Dutch East 1 6347, Fiat 7s war.. Flat 7s ex war "46.. 58. Finlane 78 Fram I D 7%s 42 ETench 7s'49. French Gvt 7 Gelsenkirchen 6s'34 German 5% 65 German Bank 6s '35 German 6%s '50. German 7s rep 49. Greek 6363 . Irish Free St 5s 6 Italy 7s°61. Italy Pub Sv Japanese 5 Japanese 6155 ‘54 . Jugosl Bank 7s '57. Karstadt 6s 43 iKreug & Toll 58 ‘59 Marseille 65 34 Milan 63%s ‘52 Montevideo 7s Netherlands 6s " s 0 Norway 5% Norway 6s ‘43 Norway 6s'44. Norway 6s 52 Orfent dev 5335 ‘58 Orlent dev 65 '63. e R EEhonace FARNEDS A 1© Poland 6s 40 Poland 78 '47. Poland 85 '50. Queenland 7s "41. Rhinelbe 75 '46 ww Rhine West 63 '53. Rhine West 6s '63. = 1om Rio de Jan 6% Riode Jan 8s R Gr De Sul 6: R Gr De Sul8s '46 Romé 6348 °52. . Roy D 4845 ww. Sao Pau 7s' 40 rets. Sao Paulo 85 ‘36. Saxon 7s ‘45 » % Swiss 5158 '46 2 Swiss Confed 8s "40 Toho El Pow 6 '32 Tokio 5%8°61..... 2 Utd King 5% 867, Uruguay 6s'60.... Uruguay 8s°'46. ... Vienna 6s 1 Warsaw 7s 58.... 13 Yokohama 6s'61.. 19 Allegheny §: Alleghany 6s * Allis-Chalm 68 '37. Am Ag Ch 7%s ™1, Am Chain 6s'33. .. Am F P 5148 2030 Am I GCh 53%s’49. Am Metal 6%s "34. Am N Gas 6128 "42. Am S&R 18t 53 *47. Am Sug Ref 6s°'37. Am T&T cv 4%s'39 AmWat Wks 6s AmWrit Pap 6s"47. Arm & Co 414839 Arm Del 53843, At Ref deb 6s°37.. Bell Tel Pa 63 B ‘48 Beth St p m 68 '36.. Bk Ed gn A 53°49.. Cert-td deb 5148 ‘48 Chile Cop db bs * *| Colon 011 6s 3. PUBLIC UTILITY. & Tel. (9) tion Co. ash. Gas Light Co. (18) N. & W. Steamboat (128) .. Potomac Elec. Power 67 Dfd Pot Elec. Power 5'2% pfd.. Wash Rwy. & EL com. Wash. Rwy. & EL pfd. 5 NATIONAL BANK. Amer. Tel Capital Wash. Gi Gapital (14) umbia (12)", £ Commercial (stamped) "{i0) ) District (8 Fec m. Liberty (75) ... Lincoln (12). ) (9. ton (13). < s TRUST COMPANY. Security & Trust Co. (15) 340 Am Continental Tr: i National Savings & Trusi (i3i) 445 Bank & Trust.. 28 Erince George: Union Trust (8% i Wash. Loan & Trust (i)...01 SAVINGS BANK. k of Bethesda (6§) & Savings (10} hing 2) n Washing American (12) Corcoran (10). Firemen's (8) National Union ~ (i5) 2 TITLE INSURANCI Columbia (6h) . Real Estate (6h) § Title & Inv. Co. Md. com. . Barber & Ross. Inc., com Col. Medical Bidi on? oy Yy ist. Natl. Sec. pfd. & mo-elz ehEEedns ol Linotype’ B & Inv_pfd. . .Drug St.ptd. 1y Eeal Est. M. & G- ptd. (&) . ecuri orage 4 N 1. & Wg Corp. The Sarpel, Corb. (1.5 ' Mech, Mige. co Wash. Med. Bids: Woodward & R d. Booky closed. nisc extr 4858, Col G&E 53 May '62 Com Invest 513 49 Com Invest €s '48 € C Md 1st rf 58 '50 ConG N Y 5%s'45 Consum Pow 58 52. C Am Sug col 8531 De Edison 5s°40... Det Ed rf 6s B 40. Dcdge Bros cl 6s'40 Duquesne 4%s "67. East C Sug 7%s '37 Gen Cable 5% Gen Motors Gen PSv 6% Gen St Cas 5148 '49 Gen Thea Eq 6540 Geodrich cv 6s'45. Goodrich 6%s Goody'r Rub 6= Hoe & Co 6%s " Humble Oil Hum O&R 638 '62. NMBTIistpfbsA. I1] Steel 4% 8 °40. . . Inland Steel 4 %878 In: Cemént 68 '48. Int Hydro EI 63 44 int Match 68 '47... In M M col tr 65 Int Pap 5s A "47 Int T&T cv IntT & T 68 '56. Kan Gas&E 4%s '8t Lackaw St 63 50.. Lac G St L 6s 34.. Laclede 5%s C '63 Laclede 6%s D '60. utaro Nit 68 ‘G4. Lig & Myers s Man S 1st 7345 Midvale Steel b Mont Pow bs 43 Mont P db 58 A 62. Mor & Co 18t 4%s. STATES. 1027 10213 106 4 108 4 121 Low Close. 82% 85% 90% 0% 9014 73 1037% % 9274 101% 107 111 1074 100% 103% 107% 107% 93% 100 101% 101% 7614 96% 8714 8316 55l 941 62% 6815 Nor Am Ed5%s Nor St Pow 63 A Pac G & EI 5 Pac T&T ref Pan-Am Pet Paramount Pathe Exch Peoples'G: Pub $v G 4%s"70., Pure Oll 6%s '37,.. Rem R'd 6%s A '47 Richfi'd O cal 65 44 Shell Un O11 53°47. Sincl U 6%s B '38. . Sincl O 7scv A "317. Sinciair P L 6 Skelly O11 b Solvay Am 6 SW Bell T 53 A StOlINJ StonN Y e Sug Es Or 78 '42... Tex Corp ev b8 44 Utd Drug cv 68 63, U S Rublst 53 47 Utah P& L 58 4 Utl] Pwr 58 59 ww. Ut Pow G158 47.. Vert Sug 1st 7s '42. Walworth 6s A *45. warn Br Plc 63 '8 Warn Quin 65°39. . Warner Sug 7s '39. Warner Sug 7 West £l deb 58 '44. West Un Tel 68 '51. West Un T 615 ‘36 Wh Sew Mch 6s 40 Wick Spen 1st 75'3§ Wil & Co 151 68 41, You St & T 58 78.. RAIL| Atch’on 48 1905-55. i Atchison ad) 48 '96. Atchison gen 48 '95 Atch’on cv 4% s 41 AtC L col 43 '62... AtCL4%s 64, ‘3., 0. e P&WV 48 41 Swn dy 58 50 B & O Toledo 48 50 Ban & Aroos 4s ‘51 Bos & Me Bos & Bklyn Elev 6% Bklyn Man 6s B R & Pitt 4% . Bush Ter con 68 '35 Can Nat 4348 '54. Can “an Nat 43435 4+ Cent Pacific 53 6 Ches Corp 68 '47 Ch&O4%sA'93 Ch&O4%sB 95.. C&Oconbs'3y CB&Qé%s'7 Th M&SLP 4% 889, Ch M St P&P 68 76. Ch M & St Padj 6s Ch&NW gn 338 ‘87 Ch& NW gn 48 '87. Ch & NW %8s 2037 Ch & NW con 4%, Ch & NW 6%s '3 3. Ch Un Sta 6335 '63. C& W Ind 53562 CCC&St L 4 %8 (E) C U Ter 438 2020.. ! Clev Term 43487 Clev Term 6%s '12. Colo & Sou 4% s '35 Cuba RR6s°52... Cuba RR rf 7145'36 Cuba Nor b%s 42 Del & Hud rf 4343 D& RGrgn 4836, D&RGr4%s'ss.. Den&R G W 58 '55. Tenn Va&Ga 5s, B)... Erie Gen R 65 '57.. Fla E Coast 6374, GrTrs?ap 6s36. Gr Trunk 7s'40.... Gr Nor 4%s '76 (D) Gr Nor 4%s ‘17 (E) Gr Nor 55'73. . Gr Nor gn 5%s 62, Gr Ner gen 78 '36.. Hav El Ry 5%s ‘51, Hock Val 4348 °99. . Hud & M ad) 6s '67. Hud & M rf 58 '67. 11 Cent 4%s 66 111 Cent 58 '65. 111 CCStL&N 4 111 CCSIL&N bs Int Rap Tr 63 Int Rap Tr sta Int Rap Tr T Int & Gr Nor. Int &G N ad Int RysC A Iowa Cent rf 4s 51, Kan CFtS&M 4 Kan City Sou 3 Kan City Sou bs ‘50 L&Ni1strtbl MU E Ry & L 58 "'l MK&T 1st 4s MK &Tprin 5. Mo Pacific bs ¥ *71. Mo Pacific 5s H ‘80 Mo Pac b%scv 4. \ ¥ Cent db 4334 Cen 489! “ee Cent 4148 2013 13. 222 Nor & Wn cv Nor Pacific 4 = Nor Pac 6s D 2047, Nor Pacr 1682047, Pann gen 4% Penn 4345 '70. Penna b8 ‘64 Mar 4% P CC&StL 4%877.. P& WV 4%sB'59 ] Read gen 4% s A’9T Reading 4%s B. .. Rio Gr W 1at 45’39 RIAr&L4%s'34 St L Ir M'nt 55 '31. Sales. 5 Sinel Cr O 6%s 38 215 15 1 . 24 High. Low. Close. 102 101% 102 102% 102% 102% 102% 102% 102% 106 106 106 | 102 102 102 93 92 98 7 1024 102% 1024 102% 1024 102% 90 90 90 84y 84 84 55 51 5§ 80% 80 80% 9515 95 951 96% 96 96U 100% 100% 100w 99% 99 99% 8% T8% 8% 976 964 9Ty 104% 104% 104% 103% 103% 1034 9B 9TH 97w 15 15 99% 100 95 b 6915 70 99% 99% 66 674 78" 98 0 4 kil 67 50 14 1 101 105% 105% 105% 10214 102% 102% 108 108 108 Sy AR 9% 10 10 10 98% 981 98% 4 7 19 12 9 9 3 1 9 IAL. AUTOTRADETOAD. OTHER INDUSTRIES Expected Increase in Car Production Will Be Reflected in Many Lines. The betterment in the technical po- sition of the automobile manufacturers and dealers is casting a brighter light on the prospects for a score of other industries. Stocks of passenger cars in the last two months have fallen by 90,000 throughout the country. does not include foreign sales, but those by domestic purchasers. The 1930 output of passenger cars will be at least 35 per cent less than it was in 1929 and the increase in sales can indicate only one thing—that ¥roducuon must increase in the near uture. Replacement Sales. Perhaps the first to benefit from this increase will be the tire manufac- turers. Stocks of original equipment tires in the hands of manufacturers are low. Sales for original equipment purposes have taken on a new im- portance in view of the fact thdt re- placement sales are now slower than at_any time in the history of the rubber tire trade. Department of Commerce figures show that renewais amounted to less than two tires per registered car this year. This com- pares with 8 new tires per car on the average in 1908. About 40,000,000 tires will be sold for replacements this year. 102% 102 102 ROAD. 10 93 9215 9215 7 93% 93 93 118 97% 97 97 12 113 112% 112% 14 87% 87w 8T% 1 94% 9% 94 13 95% 95% 9E% 45 100 99% 99% 167 93 9215 92% 33 101% 101 101% 7 105% 105 105% 13 101% 100% 101 7 107 106% 107 2 95 95 95 3 101% 101% 101% 4 80 88 87 9% 15 35 24 10 43 8 9 2 7 9 7 7 101% 101 101 103% 103% 103% 103% 1 110% 110% 110% 3 104' 104% 104% 19 884 87% 884 36 98% 981 98y 5102 102 102 2 101% 101% 101% 20 94% 94% 94% 18 102 101% 101% 99% 98% 99% 1 104% 104% 1044 00% 100% 100% 95% 95! 5 141 13 10 % 32 863 87 5 106% 1064 108% 16 921 924 924 74 98 97% 9T 874 80 25 101% 101% 101% 1114 114 114 3 1021 102'%4 102% 56 99 99 99 10 101% 101% 101% 10 101% 101% 101% 1 106% 106% 106% 12 100% 100% 100% 6 58 5513 " 55% 2 69% 69% 23 40 40 55 2 2 4% 40 105 1110 104% 105 110 110 13 98 96% 96% 16 96% 964 96l 5 103% 102% 102's 2 107% 107% 107% 8 109% 109% 109% 27% 27% 2T% 9 9 99 74 T4 T4 9TH 9TU 9TH 96% 951 95'% 100% 100% 100% 93 93 3 95% 95% T4 98 98 19 100% 100% 100% 15 98 98 98 3 105% 105 105 6 101 101 101 5 4% 4% 4% 11 100% 100 100 9 89 89 89 4 101% 101% 101% 69 70 96 95% 9l 2% Sua onSHuIanaRea Some 3 92% 92% 2 99 99 99 2 B4% 84N 84% 12 100% 100% 100% 11 9% 94 94 1 100% 100% 100% 14 106% 105 12 96 32 88 14 101 T.99% 99% 99% 11 81 81 81 11 114% 114% 114% 1103 103 2 101 15 110% 110% 110% 24 92 91 92 18 101% 100% 101% 42 96% 95% 96% 37 108% 102% 102% 3 107 105% 107 12 108% 108% 108% 5 9 99 99 10 99% 99% 99% 2 92% 92% 92% 7 99 25 99% 1 924 9 1 .99 98 3 100% 100% 3 9% 99% 991, 9: 99 0% 99 99% 9 86% 86l 854 For each new car 5 new tires usually are sold. Increase in tire producticn naturally means increase in rubber consumption. Stocks of rubber are extremely high, the price is low and tire makers are not obliged to buy in large quantitics, but the improvement is bound to be {:&ecud in crude rubber sooner or T, ‘The placing of orders by automobile companies _ naturally means much to the steel industry. Already inquiries for sheets are making their appear- ance both in Chicago and Ohio-Penn- sylvania districts. It is reported one concern has placed raw material or semi-finished material orders for about $9,000,000. To furnish these goods, many accessory- dealers also will have to buy stecl. Textile Trade to Benefit. The textile industry will benefit to the extent of hundreds of thousands of yards of fabric for tops, curtzins and seat covers, while the paint producers will again begin to ship to one of their favcrite customers. The automobile in- dustry is one of the heaviest con- sumers of non-ferrous metals and im- rovement in the motor centers will ring renewed demand for copper, lead, zinc, nickel, chromium, alumi- num and other metals. When im- provement is noted in the automobile trade, the plate glass manufacturers to turn on the gas under addi- tional units, for no small part of their output gces into car windows and ‘windshields. From these facts it can be seen that when the automobile inaustry and two or three other large lines mm{ get go- . the unemployment ptcblem will solve itself in short order. (Copyright, 1930.) s LY CHICAGO LIVE STOCK MARKET CHICAGO, December 24 (#) (United Statés Department of Agriculture) — Hogs—Receipts, 15,000 head, including 6,000 direct; active; largely a shipper market; 25235 higher: heavier weights up least; packing sows, 10a15 higher; top, 8.50 for 130-140 pounds; bulk 130- 220 pounds, 8.20a8.35; pigs, 7.90a8.50; packing sows, 6.90a7.25; light light, good and choice, 140-160 pounds, 8.25a 8.50; light weight, 160-200 pounds, 8.25 28.45; medium weight, 200-250 pounds, 7.9028.35; heavy weight, 250-350 pounds, 7.65a8.10; packing sows, medium and good, 275-500 pounds, 6.75a7.40; slaugh- ter pigs, good and choice, 100-130 pounds, 7.75a8.50. Cattle—Receipts, 5,000 head: calves, 2,000 head; fed steers and yearlin steady to strong; she stock steady; bull unchanged; vealers strong to 50 high- er; four loads 1,028-pound yearlings, 14.75; bulk fed steers and yearlings, 8.50a11.00; vealer top, 11.00. Slaughter cattle and vealers—Steers, good and choice, 600-900 pounds, 10.75a14.75; 900~ 1,100 pounds, 10.75a14.75; 1,100-1,300 pounds, 10.25a14.25; 1,300-1,500 pounds, . 9.50a13.75; common and medium, 600~ 1,300 pounds, 6.50a10.75. Heifers, good and choice, 550-850 pounds, 8.25a12.25; common and medi- um, a8. cows, good and choice, 5.25a7.50; common and medium, 4.00a 5.25; low cutter and cutter, 3.00a4.00; bulls (yearlings excluded), good and choice (beef), 5.0026.25; cutter 'to me= dium, '4.00a5.65; vealers (milk fed), good and choice, 8.50a11.00; medium, 7.0028.50; cull and common, 5.00a7.00; stocker and feeder cattle, steers, good and choice, 500-1,050 pounds, 7.00a 9.00: common and medium, 5.50a7.00. Sheep—Receipts, 8,000 head; fat lambs fairly active, fully steady; bulk, choice fed Western and natives, 8.00a 8.35; early top, 8.40; sheep scarce, slow, unevenly lower; Lambs, 90 pounds down, good and choice, 7.25a8.50; me- dium, 6.00a7. all weights, common, 5.0086.00; ewes, 90-150 pounds, me- dium to choice, 2.00a3.75; all weights, cull and common, 1.00a2.50; feeding lambs, 60-75 pounds, good and choice, 6.75a7.50. . RAW SILK FUTURES. NEW YORK, December 24 (Special). —In a typical pre-holiday market, raw silk futures opened lower again today, but closed firm. The January option was 7 points below Tuesday’s close and other months were 2 points net lower at the opening. Seven transferable no- tices were issued on December. Trade operators and commission house inter- ests were bidders, with offerings light and scattered, coming principally from importing_houses and uptown interests. The Yokoha market was closed today and Kobe was unchanged to 4 lower. The exchange clesed at 12 o'clock and final quotations were unchanged to 5 points higher, with the largest gain in the December delivery. Sales for the day totaled 42 lots, or 420 bales. ‘The Saro Cloud, the powerful flying boat which the Prince of Wales recently piloted, is to make a world flight, first visiting Australia, then New Guinea, China, Japan and other countries. Low. Close. 85 85 Seab All F1 Sou Pac col Sou Pac ref Third Av ref Un Pac 18t 4847 Un Pac rf 4s 2008 Un Pac 4%m°67... 9 UnPistrf5s2008. 1 1