Evening Star Newspaper, December 28, 1930, Page 62

TRADING ARE FEW Rail Group Shows Upward Trend-—Foreugn List Quiet. BY DONALD C. BOLLES, Assoclated Press Financial Writer. NEW YORK, December 27.—The price trend in the bond market today was obscured by smal fractional changes on either side. Turnover showed marked improvement over the unusually dull’ session -yesterday. Railroad obligations maintained an upward trend and such issues as Boston & Nickcl Mata 4l3s, New York Central 5s and Erie 5s DI 1967 sold fractionally above the previous close. Utility and industrial issues dis- l)llyed a slight tendency toward lower evels in light trading, but most of the declines were small. United States Gov- ernments were steady. Only. nominal interest was displayed in most of the issues in the foreign list and drifted aimlessly. Polish 7s yielded nearly 2 points in light trading, while German Bank 6s made about the sanie on the upside. For the first time Cuba is shipping gold to New York to pay interest on the Government 5l3s. A shipment of $1,- 650,000 in gold is on the S. S. Salvadore which has sailed from Havana. CORPORATION "REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS NEW YORK, December 27 (#).—Fol- Jowing is today’s summary of important awyonuon news, prepared by Standard smwzd ch New York, for the Nm Trend. Retail trade over the holiday season equaled a year ago in unit| volume, bu'. was from 10 to 30 per cent below last year in price value, accord- ing to the mercantile reviews. Most favorable showings are believed to have been made by groceries and fancy food lucts. Wholesale trade consisted of rel fill-in orders for im- mediate delivery. This week's commer- clal failures covering five business days numbered 456, against 306 in the l!ke 1929 period. Bank clea same period showed a marked improvement over recent weeks. Total at leading centers were off 14.8 per . cent, with UNITED STATES GOVERNMENT. —1 High. Low. 102 98 26 Lib3%s 1932-47 1032 100 10 Lib st 4%s 193; 103 27 100 28 Lib 4th 438 1933-38 102 12 9830 US33%s1940-43 10225 991 US3%s1943-47 107 103 US3%s1946-56.. 1094 10516 U S 4s1944-54 11314 10924 US 4%s 1947-52 FOREIGN. —1030— digh. Low 100 87 Argentine 55 June 99% 87 Argentine 6s A ‘5 944 71 Australia 58 ‘55, 108 102% Austria 7s'43. 99 75 Bank of Chile 6%8"57.... 100% 75% Bankof Chile $%s 1961, . 106 100% Belgium 1 107% Belgium % Bolivia 7s ct Bordeaux 65 '3 Brazil 6% 1926-5 Brazil 8s"41.... Canada 5s'52. Chile Republic 65 1960 Chinese Govt Ry bs '51 Colombia 6s 1961 Jan. 4 Copenhagen bs '5 Caechoslovakia 8 99% Denmark 5% 1955 103% Denmark 6s ‘42. . 2 $ 101% Dutch East Indies 6s'47. 4 101% Dutch East Indies 65'62. T4% Fiat s '46 war 91% Finland is'50. 112% French 75 ‘49 118 French T3s" Ger Gov 6148 '65 W1 German Bank 65 1938, German 78"49...... Greek 65 1968 Irish Free State 63 °60. .. 4 Italy 7s'51 & Japanese 6345 '5. Kreug&Toll b3 ct wi 5 Mexico 48 1904-54. 4 Milan 6%s 52, etherlands ew South Wales 57. ... 1004 Norway 5%s. 85% Orient Dev 5%s 57 5 102 Paris-Lyons-Med 65 '58. . i 991 Paris Ovleans 635 196 34 Peruts 51 Peruls 90 Queensland 7s 41 76 Rhinelbe s 75 R J 34% Rio Grande Do Sul 6: 70 Rome 638 '52 68 Sao Paulo Sta 106 Seine Dept of 75 Serbs.Croats&S 811 Serbs Croats Slov § 102% Swiss6%s 9214 Toho Elec Pwr 7835 102% Utd Kingdom 5%s 37, 70% Uruguay 6s 1961 82 Vienna 6s 1952 48 Warsaw 781958...... 93% Yokohama 65°'61........ MISCELLANEOUS. High. Low. Close. 10129 10124 10125 10230 10226 10229 — 1 10330 10316 10319 +1 1027 ..11215 1123 1124 Low. Close. R9% 90 9015 90% 71 71 103% 103% T6% T6% 204 8014 101 101% 107% 107% 110 110% 100 100% 4 1047% 105 101% 101% 101% 101% 6% TT% 93% 94w 4 120 120 125% 125% 70 102% 102% 89% 90 8 814 4% 5% 105% 105% 59% 59% 101% 102% 874 88 104% 104% 106% 106% 4 78 T84 90% 90% 1047 105% 93% 93% 4 104% 104% T4% T4% 83 83 54% 54% 94% 94% 89 F9% Net Chge. 4 -1 -~10 -12 -8 % Western Union Tel 638, Wilson & Co 1st 6s "41 Youngstown Steel 55 '78.. RAILROAD. Atch T & S Fead) Atch T & S F gen 4: Atch To & S F AtlanticCL % Balto & Ohio ll 48, B & O ref 5595 B & O ref 55 D 20 Balto & Ohio 65 95 B&OPLE&W B&OS W Div bi Bangor & Aroos Boston & Main Broadwy & 7th Av Brooklyn Manh 1st Brooklyn Union an Natl 4348 ‘67 Canadian Natl 475 '68. Can Nat July bs '69. .. 4 Canadian Natl 55 '69 Oct. Canadiar Pacific deb 4; Centra: Pacific 45 '49. Central Pacific 5s 196 Chesapeake Corp bs Ches & Oh gen 4% Ches & Ohlo 4%s5 93 A Ches & Ohio 4%s B '9) Chi Great West 4s ChiM St P& P bs 7| Chi M St P & P ad) b Chicago&Nwn cv 43 Chi& N W 63%s5'36 4 Chicago R 27 ChiR1& ret 4. 4 Chicago RI4};s A Chi Union Station 4 Chi Union Station 6% Chi & West Ind con ¢s. Chi & West Ind 5%s5 '62 CCC&StLrf4%sE'T1. CCC&StLGsD.. Ch Clev&StL rf 63 C ‘41 Cleveland Term bs B '73. . Cleveland Terminal 5% Colo & Sou ref 43%s '35. Cuba North b%s ‘42 Del & Hudson 5%s '37 Flor East Coast Fonda J & G 4%8 5. Grand Trunk s £ deb 6; Grand Trunk 7s " Great North 4% Great Nor gen 5% 4 Great North gen 7s'36. Havana Elec Ry 6% 4 Hudson & Man adj 55’57 Hud & Man ref 58 '57. 11ltnois Cent ref 48 ‘G5 [llinojs Central 4% s Inter Rapid Tran Inter Rap Tr 6s sta '66. @ Prx"resxTze bbbkl L+ 0 1930—PART _SIX. ., Btocks Dividend. W% Stand O1I'of Cal (h2%). . Stand Oil Export pf (5) Stand Oil of Kan (2). Stand O1l of NJ(12). o mlv. Sterling Secur pf (1.20). Sterling Sec ev pf(3)... % Stewart-Warner (2). Stone & Webster (4). Studebaker corp @) Subma Sun Oi1 (ll) Sun Oil pf (6) Superheater (1315) Superior Oil... Superior Ste Symington Class A. 4 Telautograph (11.40) Corp (3).... ‘Texas Gulf Sulphur ll) Texas Pacific C& Oll... Texas Pac Land Trust.. Thatcher Mfg (1.60).... 4 Thatcher Mfg pf (3.60) The Fair (2.40) The Fair of (7) Third Natl Inv (a2). ‘Thompson (J R) (3 Thompson Prod (2.40) 3% Thompson Starrett Co ‘Thomp-Starr pf(3% ) 4 Tide Water Asso (60¢) Water As O pf (6). ‘Tide Water Ofl pf (5)... Timken Det Axle (80¢).. Timken Roller Bg (3).. Tobacco Products. . Tobacco Prod(A) (195¢). Transamerica Corp (1). Tr: & Willlams (1), ontinentl Corp. Tri-Con Corp pf (6). i Trico Products (23)... Truax-Tra Coal /1.60).. Truscon Stl (g1.20).... Twin City Rap Tr (§4).. Ulen & Co (1.60) Underwood- E11-Fish (5) Union Bag & Paper. ... i Unlon Carb & C (2.60). Union Oil, Calif (32) Union Pacific (10)... Union Pacific pf (4). Union Tank Car (1.60) United Afrcraft. United Afrcraft pf (3 Utd Am Bosch. . . UnitedBiscuit (2). 4 United Carbon (1 4 United Cigar Stores. . Utd Cigar Stores p£(6).. United Corp (50¢)...... Untied Corp pf (3) United Dyewood. . United Dyewood pf (7) United Elec Coal. ... United Fruit (4).. Utd Gas & Improv (1.20) Untted Gas Irp pf (5).. United Paverboard Utd Piece Dye Wks (2). Utd Plece Dywks pf 6% . U S Distributing. U S Expre: 26% 101% 3 24% 102 % w5 T++11 011+ Nt ritietintel (AR ANENENE IRE RN 1 ! (12 A e [RE Y [REFE RN #2RFraperef oy EF Realty & Imp (3). Rubber..... Smelting & Ref (1). Smelt & Ref pf(3%) Steel (T)euvoeuennn Steel Corp pt (7). qagaaadaca wn® Uni & Rad. Utilities P&S(A) et2. % Vadasco Sales.... Vanadium Corp (3)... 6% Van Raalte. Van Raalte pf. Virginia-Caro Chem Va Elec & Pwer pf(6) n. Vulcan Detinning (4).. Vulean Detinning pf (7) Wabash.......... Wabash pf (A) (5). Waldorf System (1%). Warner Bros Pict. Warner Quinlan Warren Bros (3). Warren Fdy & Pipe (2). Wells-Fargo Expres: Wesson O11 & Snow l’)' , Wesson O1l & Sn pf (4). West Penn Elec A (7)... West Penn Power pf(§). West Penn Power pf(7). Western Dairy A (4).... Western Dairy B..... Western Maryland Wuurn Mad 24 pf. Westinghse E&M pt (5) 4 Weston Elec Inst (1)... West Vaco Chlorine(2). Wextark Radio Strs White Motors (2) White Rock M S (t43% White Sewing Machin, White Sew Mach pf. Wilcox Ol & Ga: . Wilcox & Rich (A) 2%.. Willys-Overiand. . ... Willys-Overland pf (7). Wilson & Co...... Wilson & Co (A) Wilson & Co pt. . Woolworth Co (2.40). Worthington Pump. Worthngton Pumn B Wright Aeronautical. Wrigley Wm (4). Yale & Towne (2) 4 Yellow Truck & Coach Yellow Tr & Coach pf. .. Young Spring (3).. Youngston Sheet & T (5) Zenith Radio FINANCIAL. 68% 101% 43% 86 17% 44 23% 12% 16% 4 122%x122% 31% xflzu 8814 108 19% I ++101+000101 11+ 4+ LE LS N [+ 4 ++11 -&-Illll 1+ 1011 AR T R | + 9 RN 4 jSirable to do so, greatly 2 %r‘nblem of financing their operations. AGTION DEFENDED BY FARM BOARD Cotton and Grain Futures Trading Held Necessary to Meet Competition. By the Assoclated Press. The Farm Board replied yesterday to congressional criticism of its trading in cotton and grain futures by explaining it was necessary because of the system which has been established by private operators. Addressing Chairman MeNary of the ‘Benate Agriculture Committee, the board wrote: Action Called Necessary. “The co-operative marketing associa- tions in wheat and cotton are agencies set up by farmers to market their products competition with private merchants. In order to compete for business on even terms, these co-op- eratives must be in position to give the same services and enjoy the same 1 | #dvartages as a private merchant. ! ”“To do this they have found it nec- ; essary to make use of existing market- l ‘ing facilities, of which, under existing : conditions, futures t.ndlng operations l::, are an lnte(nl “Resortiny hedzl ration, in % 50 far as tgey find it le and de- { y reduces their the past six months, when wheat prices have been almost. constantly de- cllnl.l’\c. the Farmers’ National Grain Corporation would have suffered dis- astrously heavy losses if it had not hedged its wheat supplies.” Does Not Defend System. ‘The board said it did not want this explanation to be taken as a recom- mendation in support of the present 1 | system of future trading, adding: “But we have to recognize that it is the %dwm'!.lv:st has been b&n; up nv:‘r a of years on whic - L i v, T Bt bom for domestic use and for export, :.nélnét is %u"; conclusion t‘t;n under ex- conditions rative associations and mmnonm tions must, in appropriate practical ways, deal in futures as well as in spot wheat or cotton.” POET REGISTERS FAVORITE i FOR USE AT CREMATION [EERGE PARIS, France (Speocial).—The. poet Paul Napoleon Roinard had nfllfiefld one of his favorite poems for the ophone, stipulating in his will t lt be played or heard during the crema- tion of his body. When he died re- cently, everything he had ted ML= A e FER FRIE P f# ERFEEESS 63 Alleghany Co ev % was done. Generally such ceremonies Am Agri Chem T4%s 11 102% 102% 96% Am Chain 6s 1933 98% 981 96 AmIGChm6%s 194 97 7% 87% Am Internation 5%s "4 4 8T% 7% 28 Am Natural G 6 30% 30% T1% 74 Inter Rapid Tran 68’32 - 1% 10 Inter Rapid Tran ev 7i Inter Gt Nor adj '65. Inter Ry Cent Am 6 Iowa Central 4s'51. Kan City South 3s 1950. 8% Peoples Gas Chi..Jan 15 Dividend rates as given n th o FEEER S ST S st sctip. 1 Plus 9% 1n stock 8 B =-no_fegul sbie in, stock. " Fasabie -im"g.r:'-‘a":'i:-ngah T eash 5t aiotE. £ Plus n stock” & Flus 6% in stock b Blas 3% 0 "wtock 100% Am Sm & Ref 1: 102% Am Sugar Ref 6s '3 116 Am Tel&Tel cv 415 '3! 100% Am Tel & Tel s £ b 52% Am Writ Pap 8414 Armour & Co 4% 71 Armour of Del 5 100 Atlantic Ref deb against $5. et.own. iting incoms n per cent; 11 months off Canadian Hydro-Electric electric output up 5 per cent; 11 months up 21 per cent. Canadian Pacific Railway asks bids station to cost about cmu\l Ohio Steel Products merger planned with Hayes Body & Eastern income $54,90: 11 months m $690,528 against income $2,112,- Railroad November net operat- ing income off 54.5 per cent; 11 months off 39.5 per cent. CMnllo Rock Island & Pacific Rail- share earnings, months to Novumber 31, $5.76 mm $12.35. Comn Products Refining declares 50 cents extra and regular quarterly 75 eenu common dividends. De ent of Agriculture lifts restriction which that where corn sugar was used as ingredient in articles of food it must be 50 noted on package. - _Courtaulds, Ltd., ded.lru 2% per cent final dividend on A. D, R. for 5 per cent preference stock. Crowley Milner year's common divi- dend needs covered by 10 months earn- Diamond Match — New company chartered in Delaware with capital $25,000,000; formed in connection with unlhl readjustment plan. Railroad share earnings, 11 m 59 cents; November 31, 52 cents, against $5.26. Florida East Coast Railway November net operating deficit $1,789 against deficit $165425; 11 months income, $748,268 against income $1,403,556. Foster-Wheeler continuing negotia- tions for acquisition of International Combustion eeri Engine 3 Great Northern H:fiw:y November net operating income off 16.4 per cent; 11 months, off 19.5 per cent. Inland Utilities Protective Commit-| tee formed for class A stock. International Great Northern Rail- road November net operating income off §7.1 per cent; 11 months, off 62.1 per cent. International Nickel of Canada 11 months’' nickel exports off 21.5 per cent. Kayser (Julius) & Co.—Reductions ranging from 50 cents to $3 dozen made in rayon underwear prices Midlan Natural Gas Protective Committee formed for participating class A stock. Minneapolis & St. Louis Railroad No- vember net operating income off 45 per cent: 11 months, off 68 per cent. Missouri-Kansas-Texas Railroad share earnings 11 mom.hx to November 30, $2.08, against $4.2' Missouri Pu:lflc Railroad November perating income off 26 per cent; 1 mnun. off 17 per cent. Nashville, Chattanooga & St. Louis Rallway November ting income 840,164, against $270,300: 11 months, $2,035,408, against $4.664,048. National Rail Yo ew Otleans, Texas & Mexico Rail- ‘way November net operating income off 'll.! per cent; 11 months, off 10 per eent. Central November net erat Yn‘:n:umc off u per cent; 11 off 45 New York, N‘:: anen & Hartford share 11 months to No- Illlnl $10.52. hone $11,167,590 im- inctioned. full-fashioned hosiery and | me 102% Bell Tel (Pa) ref 97% Beth Steel pm b8 27 Certain-teed 5%s 194 87 Chile Copper 6s *47 41 Colon Ofl 6s'38. . 98% Columb G & E deb 24 Con Coal (Md) 1stref 5. 1705% DQ!POIR‘EI“:GII ref 68’ 87 103% 104 mu 108 99 101% 78 IntTel&Tel cv 414s 39, 90% Kan Gas & Elec 4%s80.. 43% Kendall 5%s '48 (war) 100 Lackawanna St .l 5850, 981 Liggett & Myers 5- 51 100 Loew's Inc 6341 war.... 91% Loew’s Inc 6s ex war'dl. . 84 Lorillard 6%s '37. 86 25 ManatiSugsfii 103 99% Midvale Steel 55 '36. 104% 100 Montana Power 58 1943. . 101% 93% Nat Dairy Prod 5%s ‘4! 40 14 Nat Radiator 6%s 1947... 110 103% New England Tel 68°52. . 111% N Y Edison 1st 63 a... 98% N Y Tel 4145°39. 105% N Y Tel 6s'41. 106% 130 101% 100% Pacific Gas & El b8 101% Pacific Tel & Tel 101% Pan-American 65 89 Para-Fam-Lasky 6s°47.. 103% 95% Philadelphia Co 55°67. ... 110 63 Phil&Read C&1 65 wi‘4). 97% $2% Philips Petrolm 5% 8'29. . 961 51% Postal Tel & Cab 55 '33 101 83 Reming-Rand 5%s'47 106 92 Sinclair Ol 78'37. 97 Sinclair Crude Ol 6348 94% Sinclair Pipe Line 68 '42 Southwes Bell Tel 58'54. . Stand Of N J 6s. s Stand OII N Y 4%s'51. .. Sugar Est Orlente 58 Tennessee Copper Transcon O1l 6% 90% United Drug b8 ‘63 68 US Rubber 1st & ref bs.. i Utah Power & Light 6s. . 71 Utilities P& L5%s 4 61% Walworth 6s "4 102 102% 103% 103% 118 118 104% 104% 52% 52% 86 86 71 71 100% 102 105% 106% 101 101% 104% 104% 24 24 105% 105% 83 84 + 102% 103 37 37 93% 934 1013% 102 104% 105% 100 100% 96 96% 86 86% 27 9 100% 101 % 102% 103% 97% 98% 14% 14% 106% 106% 112% 114% 101% 102 106 106% 9% 99% 7 102% 102% 102% 101 105 106 101% 101% 90 104% 106 103 103% 9% 98% 13 13 904 90% 4 109% 109% 94l 94% 69% T0% 99Y% + 3% % Kan City South s '60 Kan City Ter 1st 45 '60. Lake Shore 4s '31. . Lehigh Val cn 45 2003 Louis & Nash uni 4s ‘40 Market St Ry 75 A 40 Mil El R & L 1st ref 6: Minn & St Liref 4s 9 MStP&SSM6E%s 3, Mo Kan & Tex 1st 4 '90 Mo Kan & Tex adj 55 '67 Mo Kan & Tex prIn 5sA. Mo Pacific gen 4 Mo Pacific 55 G. % Nassau Elec 45 '61 North Pacific 4s "97. North Pacific 58 D 2 North Pacific r 1 6s 2047 Ore Wash 1st re: Penna cn 4% s 196 Penn gen 4%s'65. Penn 4%s 6. 4 Penn 5s 1964 Penn gen 65 Penn 6345 Pittsbgh&W Reading 43%s ‘97 RIATk& L 4% St L Iron Mt gen 5 SLIM&SR&G StL&SF prli StL&SF 4% StL & San Fr 6s Seaboard A L adj Seaboard A L ref 4 Seaboard A L con 6s'45 South Pacific col 45 ‘49 South Pacific ref 4, South Pacific 4%s '68. Southern Pac 45 '69 Southn Pac Ore 4% Southern Ry gen 1 South Ry dev 6%s ‘56 Third Ave ist ref 43 Third Ave adj bs " Union Bacific 1st 4 Union Pacific 4s '68. Un Pacific ref 4s 20! Virginia Ry 95'/. t Shore 1st 48 2361... 91 T +14+1+ LT » FE FEFEE FFEEF rail service to Texas cities started by this road, Transcontinental & Western Air Express and Bowen Air Lines. Sanction sought for new Long Island Railroad rental agreement which would increase revenue by about $1,000,000, as against $1,600,000 in rejected agree- ent. Richfield Oil of California reported rhnnlnt to fund $10,000,000 bank loans with new short-term collateral note issue; plans no_ corporate rela- tionship with Pacific Western Oil. Rutland R. R. November net oper- ating income off 50.3 per cent; 11 months off 40.4 per cent. St. Louis-San Prancisco Railway share earnings, 11 months to November 30, $4.20, against $11.04; 2-cent passenger fare rate to be met by uompenng lines. Standard Oil (Indiana) to join with Sinclair Consolidated and others in mm:hnln( 40,000 barrels crude daily Midcontinent area after Prairie Oli Gas withdrawal. Ll - 5 ORDERS IMPROVING CLEVELAND, December 27 (Special). | —More than $200,000 in additional equipment has been added by Columbia Axle Co. here to take care of the ad- dluonll volume of business which the booked for 1931, E. H. Pn.rk.hunt. president, announced today. —_—— RAILROAD EARNINGS NEW YORK, December 27 (#).— Rallroads reporting today their net op- erating income for November, with comparisons with last ye.r include: ‘certain other - affairs were {llegally and %‘fflm Rallway November eperating income off lotpfl cent; 11 months, off 343 per m*n Dew 24-bour air- & Banta Pe. u. n. .T.’:f Loq':n'x'u'y 45 o thern i n-t FINDS FOODS DIFFER IN VITAL ELEMENTS Scientist Says Tests Show Vege- table Mineral Salts Vary Greatly in U. 8. Products. The percentage of various mineral salts in vegetables that grow in dif- ferent parts of the United States vary greatly in amount, with presumably a remlvely plnlul vslue as health foods, according to a long series of tests made Wililam Wele of Colum- bia, 8. C. It is agreed by food experts that cer- tain percentages of known mineral ele- ments are important in foods. Even in small percentages some of these elements are as necessary to humen health as the food materials themselves. Some of these elements are important in formink the blood, some are neces- ur{' for the process known as bone - S e sary and essent or the ion o the gland sys! e Wn’:‘b’ th Ilfln‘ m hlood em) e for bulfdlnl also manganese. Cal- [or the proportian 18 about Soc30. Why the | 5t in | young men uses. I glandular activities. People who do not get enough , even in very tiny umounts, are subject to golter and other tumorous It hes been common knowledge for sowe time am dietitians that all these important mineral elements were to be found in vegetables. But now Dr. Weston and his co-workers disclose are not distributed uniformly | a; ‘vegetables grown chemical analysis of many samples of regions, and these tests show that the percentages of the various mineral elements may be much too low in vege- tables from one area and extremely high in those from another area. As an example, the lettuce produced from one lettuce producing region was found to contain extraordinarily large quantities of all the elements men- tioned. The vegetables from such an area, where special types of soil or some other little known factors produce the highly mineralized plant tissues, may in the future be reserved for in- valids and children who need larger quantities of these health-producing mineral salts, while the average healthy human individual will get along satis- factorily with the vegetables from some other region not so rich in lhe salts, . AMERICAN JAPANESE SEEK WIVES IN HAWAII HONOLULU, Hawail (Special).—Jap-|§¢ anese-American young men in conti- 510 Soek” ¥ it 3% 1a stock S Fhus 3% o | Baltimore Markets I Spectal Dispatch to The Star. BALTIMORE, Md., December 27— With the change to cold weather to- day dressed poultry will be in good demand for the New Year holiday trade and liberal shipments are advisable up to December 31, but do not make -ny shipments to reach here any later, as all outleu will be closed and stock probably be : total loss. Ship only choice fat birds, 1l poor stock only tends to lower Lhe value of the better class. Values show an advance over Christ- mas price due to the colder weather prevailing, especially on drelud stock, while live turkeys also will be in good demand. The market closed today at 33 to 35 cents for live young gobblers and hens, 28 for old hens and gobblers, but crooked breasts are slow sale at 20. Mixed ocolored Spring chickens are bringing 23 to 26, but_ poor, thin stock will not bring over 14 and 15, while large Leghorns are in fairly good demand at 18 to 20. Demand Is Good. Demand for old hens very good at 18 to 23 for stock weighing 3. pounds and over and 17 and 18 for Leghorns, but poor, thin fowl as well as old roost- ers are generally neglected at 12 to 15. Ducks and geese in ample supply for the demand, which is limited at 14 to 23 for the former and 22 to 25 for the latter. Market for guinea fowl and pigeons holds steady at 30 to 60 each for the former and 20 pair for the latter. Dressed poultry is bringing from 3 to_ 5 cents a pound over live. Market for nearby eggs is holding steady at 32 cents a dozen for nearby firsts and 35 for both hennery whites and browns, but only stocks weighing 57 pounds to the case will bring '.op values. Current receipts sell mostly as to size and quality at 30, while all small eggs must be sold on merit at 20 to 25. Market for white potatoes shows no change from last week at 1.25 to 1.75 for well graded firsts, but ungraded stock will not bring over 1.25 to 1.40, with sweet potatoes and yams holdin: steady at 2.00 to 3.50 a barrel for the former and 2.25 to 2.75 for the latter. Native and nearby garden truck in fair demand at the following quota- tions: Carrots, 2.00a4.00 hundred; oyster plants, 6.00a8.00 hundred; par- snips, 1.20a1.30 bushel, and turnips, 80a1.00 bushel. Live Stock Prices. ‘The live stock market holds steady {to firm at the following quotations at Light Street Wharf today: Beef cattle, first quality, 8 to 9; common to medium, 5 to 7. Bulls, as to quality, 312 to 6. Cows, choice to fancy, 6 to 7; common to fair, 3 to 5. Oxen, as to quality, 4 to 6. Calves, veal, choice, 10%; to 11. Large, fat, 9 to 10; large, rough, 6 to 8; thin, 5 to 6; rough and common, 4 to 5. Sheep, 2 to 4. Old bucks, 2 lambs, choice, 8 to 8'%. 6 7, common, thin, 4 to 5. Hogs, straight, 812 to 9. Sows, 6 to 7. Stags, 3 to 4. Live pigs, 11 to 12. Shoats, 9 to 10. SHORT-TERM SECURITIES. (Reported by J. & W. Seligman & Co.) Offer. Alis-Chalmers Co, B el st }- Tisid American Thiead 8¥s 1938.... 1 Baltimore & Ohlo 4fas 1033 n nental United States are looking toward | Guit Hawall for wives. A recent census, con- | Inte; ducted by Japanese in Hawall and Cal- ifornia, revealed that there are two young leonue-Ameriun men of mar- riageable llewoneel ble Japanese- American girl in the ll'l !.np:;nun d so outnumber the New York, Chi. Ehillips Pet. Co. 1 Corp. Sl Crt ir Crude Oil Co. §ba Standard Ol N. Jersey ! (5 L., Ir & So. m L. lnumwnlurn Shion, on Co. all e girls on the mainland is unknown, but| Un! nited_Dr that's the situation. Announcement of it has resulted already in inquiries from California as to eligible girls here. One local high school girl of marriageable n.e wrote to the executive secretary of the Japanese Society of Los Angeles asking as to the prospects for suitable marriage with a man of her nwn race and has led to further of flhm to flng wives in Hawail tor.Mng; apanese ancestry United States, Wheeling Steel Corp. 5is 19 Wheeling Steel Corp. 4%s 1953 DIRECTOR RE-ELECTED. JACKSONVILLE, December 27 (Spe- cial) - chairman Te- NEW METHOD SOUGHT TO USE SEA POWER French Scientist Proposes to Ob- tain Steam by Uniting Fresh and Salt Water. Another scientific idea for obtaining cheap power from natrue’s forces in the System em f've’i’i,y'%?'emmméu“é‘ m employe ude off the coast of Cuba recently, by means of a huge steel tube sunk to the ocean boc'.om to bring up cold water from he depths, has been suggested by M. C. Raveau to the Academy of Sciences mhlP}:"f)r fi‘éehume sclentific body to ‘whie] ude originally suggested the feasibility of his method. e new possibility, Mr. Raveau pointed. out, includes the extraction of power from the fresh waters of rivers as they flow into and merge with the salt waters of the ocean. The idea embodied in the Claude process is to employ the cold water from the sea bottom to operate a steam condenser which condenses the low- pressure steam generated by the warm water on the ocean’s surface. This low- pressure steam was then to be used to turn low-pressure turbine and produce electricity; the whole process depending Money to Loan Secured by irs v Jou];h‘l Wefier (T First Mortgage Loans In Arlington Cot d Alexandria, vw Commonwealth Investment 806 15th St. N.W. Ph National 2623 Mortgage Loan Correspondent for The Prudential Insurance Co. of America If you are contemplating a change in office space for new year, inspect Dist. Nat’l Bank Bldg., 1406 G St. N.W., where there is available single rooms from $15.50 up. Three high- speed elevators, 24-hr. service, in heart of financial dist. See Mr. Lochte on prem. or H. G. Smithy Co., rental agents, 1418 Eye St., for floor plans and other information. COMMERCIAL NATIONAL BANK Let us serve you in all banking and fiduciary matters. Interest p.ld on nvlnn -eeounu trom ny" deposit to day of Resources over $19,000,000 WADE H. COOPER, President 14th and G Streets First Mortgage Loan Applications Invited at 5/5% Clover O Blasher 1508 H St. N.W. National 1753 on the abilky of the cold water to con- dense the steam in the condenser. Between fresh and salt water, veau points out, there exists a l.mlln difference in boiling and condensation. With both fresh and salt water at the same lcmpenmre, the fresh nur should vaporize easily. If a large tank of fresh water and a large tank of salt water were connected by & pipe and a partial vacuum created, a water vapor the Claude low-pressure evaporate from the fresh water tank and will condense in the salt n}er tank. 5 This Jow-pressure steam may be used, it is M. Raveau's belief, w’mmu electricity by means of a low-pressure turbine and generator in a manner similar to that of Claude’s. Scientists, who ;have examined the phyam of this new possibility, say that e theory is correct, just as that of Ghe Claude system is correct. They also agree that the commercial practic- nblmy of the scheme, from an econom- ic basis, can only be determined by trial, and remains to be seen if and when the scheme is tried out. The original name of the holly w: “holy-tree,” sprigs of it be:ncua’ed; while his body was u:mllly being re- duced to ashes. A series of commenta- ries and interviews were then published in newspapers concerning the fitness of iat a0 far virtuany il the questioned so_far ally e personalities answered that they did not t'.{-Alnk the idea very tactful or attrac- ve. “PUBS” MADE HOMELIKE LONDON (Special).—In an effort to make the “pubs” they own more home- like, airy and attractive, the B B i et o an e mef " " the oldtlmzbnurootnuoluuw erican sal is still decorate churches at time. gence. Want to get in touch with three capable salesmen of good char- acter, backed by records, good production who might consider change to new selling field of su- perior stability. Good income. Riding on crest of wave even in this present depression. Should appeal particularly to bond and security salesmen: This Company has had a business career of eighty- eight years and paid out over Six Hundred Ninety-Eight Millions of Dollars in dividends. Address BOX 424—E, Star Office. FERST MORTGAGES A SAFE ANCHORAGE No matter how many securi- ties you may have, or what their character, an investment in our 6% FIRST MORTGAGES Over a Third of a is safe and sound. The security is conservatively appraised im- proved Washington real estate. “ Century Without a o May be purchased in amounts from $250 up. BeE, National 2100 \ SAUL CO. 925 15th St. N.W. | “THERE 1S NO BUBSTITUTE FOR SAFETY: 2 I e i