Evening Star Newspaper, December 31, 1930, Page 10

o BORROWINGS GAIN IN FIFTH DISTRICT Reserve Bank Report Also In- dicates Increase in Dis- counts for Members. B the Associated Press. 'RICHMOND, Va.,December 31 —Wil- | liam W. Hoxton of the Richmond Fed- eral Reserve Bank, in his December re- . view of credit, business and agricultural conditions in the fifth Federal Reserve district. said that the failure of farmers to liquidate their mdebtedness this year in normal volume adversely affected supply merchants, banks in agricultural sections and hoth retailers and whole- salers of general merchandise. Increased borrowing from the Federal Reserve Banz of Richmond by the member banks was noted. Mr. Hoxton said the increased borrowing was partly due to a desire to strengthen their cash positions rather than by any additional demand for commercial credit. Discounts Increase. For the same reason, he said, the Re- rve's Bank’s discounts for member nks increased, the volume of Federal Reserve notes in actual circulation also Yose by much more than the average at_this season. Deposits in member banks declined during the month between the middle of November and the fifteenth of De- cember. Debits to individual accounts showed a seasonal increase during the four weeks ended Decembr 10, 1930, in comparison with the preceding four ar, but were 8.6 per cent debits in the correspond- ing period a year ago. i failures in the district in November were more numerous than in November last year, but this year's liabilities were less, the report said. Mr. Hoxton said employment condi- tions did not improve in November or in early December, but on the con- trary there seemed to be an increase in the number of persons seeking work. The textile industry was reported to bhave made no further progress last month, but appeared to have held the slight gain reported in Octobers Cotton prices after firming up be- tween the middle of October and the middle of November turned downward again and went below nine cents per und at the middle of December, the fowest figure since the early part of the World War. Ccnstruction work planned or con- tracted for in November was in less | volume than in November, 1929. Reserve Ratio Gains. The fifth district bank reduced its holdings of Government securities by $4,722,000 between November 15 and December 15, and cash r:serves were increased by $22,799,000 during the same period as a result of the changes ml rediscounts, open market paper, Govern- ment securities and othcr items. The ratio of cash reseryes to net and dep0<1t liabilities combined rose about a point during the month under l At the middle of December this year rediscounts for member banks were only $4,083,000 less than on December 15, 1929, and total earning assets werz only $4,006,000 less on the 1930 date. The Reserve Bank's holdings of open market paper decreased $6,367,000 during the year, but the d:ccline “was practically balanced by an increase of $6,444,000 | in holdings of Government . securities. The volume of Federal Reserve notes | in actual circulation on Decembcr 15 was $0,255.,000 above the amount on December 15, 1929. NORFOLK SOUTHERN R. R. ASKS CHANGE IN RATES A plea in support of its proposal to institute rate schedules to meet severe competition of inland waterways and motor truck transportation facilities is made by Norfolk Southern Reilroad in its brief filed with the Interstate Com- merce Commission. The proposal in- volves departures from prohibitions of the fourth section of the interstate commerce act by offering lower rates for longer hauls than those applicable to shorter hauls to intermediate points. ‘The proposed schedules of reduced rates have been suspended pending the outcome of an investigation by the com- ml.uicm to determine their reasonable- They were issued to apply to and from the territory where competition ‘with unregulated operations of water and motor carriers is particularly keen. This is in the area between Norfolk, Va., and the coastnl lines of the Nor- folk Southern R#ilroad operating in Eastern North Carolina. CHICAGO LIVE STOCK MARKET CHICAGO, December 31 (#) (United States Department of Agriculture) — Hogs—Receipts, 27,000 head: slow steady on weights above 200 pounds lighter weights, 15a25 lower; top, 8.10 bulk, 130-200 pounds, 7. 300 ‘pounds, 7.30a7.85; packing sows, 6.40a6.75; Lght, geod and choice, 140-160 pounds, 7.85a 8.10; lightweight, 160-200 pounds, 7.75a 810; medium weight, 200-250 pounds 7.40a8.00 heavyweight, 250-350 pounds. , 7.10a7.60: packing sows, medium and | good, 2752500 poun 6.3526.85, | slaughter pigs, good and choice, 100- | 130 pounds, 7.5028.00. Cattle—Receipts, 6,500 head; calves, | 2,000 head; about steady on fed El"fel? ul year- lings, 13.00 and weighty beeves, 12.00; slaughter cattle and vealers, steers, good and choice, 600-900 pcun 0.00a14.50; | 900-1,100 pounds, 10.00a14.50; 1,100- | 1,300 pounds. 9.50a14.25; 1,300a1,500 | common and medi- s, gocd and choice, 550-850 | 8.00212.00; common and me- | dium, 5.00a8.00; cows. good and choice, 5.2527.25; common and medium, 4001 5.25; low cutter end cutter, 3.00a4.0 bulls (yearlings excluded, good and‘ choice (beel), 5.0026.25: cutter to me- | dium, 4.00a5.65 ik fed), ! good ‘and choice, 8.50210.00; cull and comimon, 6.0048.50; tocker and feeder cattle, steers, good and choice, 500-1050 pounds, 7.00a 9.00; common and medium, 5.50a7.00. Sheep—9,000 head; fairly active, most- 1y strong to a shade higher: bulk, good to choice lambs, early, 8.00a8.10: top, 8.35; some held higher; heavy vearlings, 6.0026.50; fat ewes, 2.50a3.50; lambs, 90 pounds down, good and choice, 7.00a | 840; medium. 6.00a7.00: all welg! common, 4.75a6.00; ewes, 90-150 pounds, | medium to choice, 2.00a3.75; ali weights, cull and_common. 1002250 feeding lambs. 60-75 pounds, good and choice, 6.7527.50. SHORT- TEEH SECUB!TIES (Reported by J & W. &lllmnnmld: co Alis-chalmers Co, 58 Ofter Co. Gen, Mot, A - 88,1957 1 jeneral Cor General T’hfl:n eqito, 88 946 ! commerce commissioner, in the current |&s any one of the three competitors FINANCIAL. NEW YORK STOCK EXCHANGE THE EVENING STAR, WASHINGTON, D. C. Received by Private Wire Direct to The Star Office. (Continued from Page 9.) ~Prev.1930~ Stock and Sales— Low. s High 401 15 25 6 Mexican Seaboar: Miami Copper. . Michigan Stl (h2%). M1d-Cont Pet (2)... Midland Steel (3) . Min Hon'w Reg (14). Afinn Maline Pow. .. Minn & St Louts. MStP&SSM. ..... Mo Kan & Tex (3)... Mo Kan & Tex of (7) Nissour! Pacifie Missour! Pac nf (5). Mohawk Carpet Monsante Ch (1% ). Montgomery Ward. . Motor Mater G & El Motor Wheel (2) .. Mullins Mfg of (7).. Munsingwear (t4).. Murray (B) (2% stk) Nash Motors (4) Acme (114 t Balla Fe: 4 Nat Biscult (3.30). . Nat Cash Ree A (+4) Natl Dairv (2 60). Nat Dept Store...... Nat Dept St 1st (7). . NatDIst Products(2) Nat Enam & Stamn. . Nat Lead of (AN (7). Nat Lead pf (B) (6). t Pow & Lt (1). " @ @ e B Fabast Seansiunacensena=Bua w0 Nat Radlator Nat Steel (2) .. Nat Suoply (F) Nat Supply pf Nat Suretv (5). Nati Tea (1), . Nelsner Bros (1 60). Nevada Conper (1), Newport Co (2).... on Steel. \ Y Afr Rrake(2.40)’ N Y Central 18). . NYCh&StL (.. N Y & Harlem (5)... N Y Invest (120).... N Y N H& Hart (6). NYNH&HDf ()., N Y Ont & Western.. Norfolk & Southern. Norfolk&West (+12) North Am Aviation.. Nor Am (b10%stk).. North Amer of (3) North Am Ea pf 16 No Ger Lloyd (3.43 Northern Pacific (5). Norwalk Tire & Rub. Ohlo O11 Co (2).. Oliver Farm Equin. . Oliv Farm Eq pr pf.. Oliver Farm Eq cv pt Omnibus Corp. .. Otis Elevn (2%) Otis Steel Outlet Co Owens 11l Gla: 4 Pacific Gas & EI (2. Pacific Lighting (3). Pacific Mills. . 108 Pacific Tel & Tel (7) 40n Packard Motor (50¢). 48 Pan-Am Petrol (B) 1% Param nt Publix (4) 4350s 38% . 5V Pzrk & Tliford Park Utah .. Parmelee Transport. Pathe Exchange. . . . Penney (JC) (3) .. Penn Dixie Ccmnm. . Penna Rk R Petrol Corp (1%)... Phelps Dodge 12) . Phila Co 6% pf (3).. Phila Read C&1... Phililys Petrol (n2). Phoenix Hos pf (1).. Plerce-Arrow A (2). Plerce-Arrow pf (6) Pierce Petrolm410c) . Cllisbary Flour (2).. Pirell) Italy (a3.14 Pittsburgh Coal. Pitts Screw (1.40).., Pitts Unit Cp pf(7). Pitts & W Va(6) Poor & Co (B) (2). .. PRAm Tob A (3%). PR Am Tob (B).... Postal Tel&Cable pf. Prairie Ofi & Gas (2) Prairie Pipe L (+5).. Pressed St C pf (7). Proct & Gamb (2.40). Prod & Refiner . PubSvNJ (340). . PubSv NJpf (5)... Pub Sv N J pf (8). PubSvE &G pt Pullman Corp (4 Punta AlegreSug: Punta Alegre § cif; otl. Purity Bakertes (4). Radio Corp .. “adio Corp (B) (5. Radio-Keith-Orpb A. Raybestos Man 2 60. Real Silk Hoslery(3) Rem Rand (1.60) Rem-Rand 2d pf Rensselaer & Sar (8) % Reo Motor Car (80¢c). Republic Steel . Republic Steel p: Hevers Copper & Br. Reynolds Metals (2). Reynolds Tob B (3). Richfield Of1. . Rio Grande Ofl. ... Ritter Dent Mf 3y, Rossia Insur 12.20).. Royal Dutch u3.2185. Rutland pf Safeway Stores u:. Safeway pf (6)... St. Joseph Lead(18). Savage Arms (2).... Schulte Retall Strs. . Seaboard Afr Line... Seab'd Air Line pf... Seagrave (60c).. Sears Roebuck 32%. 3! Second Natl Inv pf.. Servel inc. . Snarp & Dol Sharon Steel Hoop. 2T% 324 Add 00. High. 2 16 ~Prev.1930~ Hich. Low 52 204 25% Divid Prev Low. Close. Close. & 15% 297 61 10% % 434% 13% 214 3 SinclairCon Southern Ci Sou Dairte Stand Ofl N Starrett (L Stone Studebaker Studebaker Stock and Sates— end Rate Add 00. High. Shattuck(FG) (t1%) 215 Shell Union OAl. ..... 44508 Shell Un Ofl pf (5%) 5 Shubert Theaters Stmmons Co. .. o1l Skelly Of1 (2) Sloss-Sheffiel, |um. (B).. Southern Pacific (). Southern Rwy (8)... Spalding 1st pf (7).. 208 Sparks Withing (1). Spencer Kellog(80¢) Soicer Mfg. ... Spicer Mfg pf (3) Splegel-May-Stern. Stand Brands(1.20). Stand Comm Tob Sand G & E (3%)... Stand G & ki pf (4).. Stand Invest Corp. . Stand O11.Cali(h2%) 1 Stand O Exp pf (5). % Stand Oil of Kan (2). Stand Oil of N J (12) Y (1.60). Stanley Co of Am S)(12 Sterling Sec (A).... Stewart-Warner (2). Corp (3). Co pt () Submarine Boat. Superheater u:u) Svmingzton (A). Telautograph (11.40) ‘Tennessee Corp (1) . Texas Corp Tex Gulf Sulph (4).. Texas PC&Oll.... Thatcher pf (3.60). The Fair (2 Twin City R T pf (7) BN . Thermotd Co. Third Avenue Third Natl Inv (a2). Thompson (J R) (3). Thompson Pr (2.40). Thompson Starrett. . Tide Water Timken Roller (3)... As (80c) Tobacco Prod A t9ic Transamerica (1).. Tri-Cont Corp.... Tri-Cont Co! —e o pf (6). Trico Prod (2%) Calif (32) ® union Pacific (10)... Union Pacific pf (4). Un Tank Car (1.60).. Utd Afreraft. Utd Am Bosch Unit Alreraft pf (3). UnitedBiscuit (2)... ! S Freight. Steel (7 Wheeling & Wh Rock M Woolworth Youngs Spr Zenith Rad) 10:30 AM.. sUDIt of trading less 4% in stock §Payable in Utd Fruit (4).. Utd Gas & Im (1.20). Utd Gas & Im pf (5). Ctd Storas (A). (, S & For Secur United Carbon (1)... Utd Cigar Store: Utd Corp (50e). U S Indus Aleo (17). U S Leather (A). Utd Piece Dye W (2) USPipe&F(2). us Rull)’&lml’(l). Smelt & Ref (1). Smelt Ref pf 3% ). Vanadium Corp (l)- \l-Clr Chem.... Ward Baking (B). Warner Bros Plat, Warner Quinlan. Warren Bros (3). Webster Eisenlohr. WebsterEisen pf(7). Wess O & Sn pf (4).. West Fenn Ei pf (7). Wallern Dairy A (4) 20, LEopf . S (14%). 4 White SewingMach. . White Sew Mach pf.. Wilcox Ofl & Gas.... Wilcox Rich A (2%). Willys-Overland. Willys-Over pf (7 Wiison & Co. ... 12.40) Worthington Pum Wrigley (Wm) (4).. Yale & Towne (2)... Yellow Truck. ing (3).. 0. .0 RIGHTS EXPII.E ¢ 8% Peop Gas Chi. Sales of Stocks on New York Exchange 324,900 Jan1s 2 12:0 than 1 .bf. in' stbe s 105 10 5 3 R L S F E r 2 25 1 3 4 23 2 5258 2 Vulcan Det (4)..... 1508 4 3 s 1 308 2 4 78508 Py 5814 5Th 56% 2 W 454 100% 16% 4T 44 101% BOND PRICES GAIN INSTEADY BUYING High-Gfade Group Leads as Market Tone Displays Improvement. BY F. N. RICHARDSON. Special Dispatch to The Star. NEW YORK, December 31.—Relieved of all but a small part of the depressive tax sellng of the past few weeks, to- day’s bond market advanced all around. In so far as the h'gh grade group was concerned, the gains were sub- stantial and brought this list to & new | high point on the recovery. In low- priced issues, however, there was still «|a certain ameunt of tax liquidation via the last-minute expedient of cash sales and this prevented any important ad- vances. Volume was considerably less than on Tuesday. Money rales were unchanged. Demand for prime issues came chiefly from savings banks and dealers. In a few cases, such as Atchison General 4s, Northern Pacific 4s, Union Pacific_ds, Chicago, Burlington &. Quincy 4s, Na- tional Dairy Products 5% and Youngs- town Sheet & Tube 5s, the gains were around a point each. Smaller advances were shown by Baltimore & Ohio 4s, Canadian National | 4155, Great Northern 7s, Nickel Plate 4'2s, Pennsylvania 415s, American Tele- ‘Dhnne 515s, Columbia Gas 5s, Interna- tional Telephone 5s, Philadelphia Co. 5s and Standard Oil of New Jersey 5s. The better-grade foreign dollar bonds were also in demand. Canadian 4s of 1960, for instance, which recently drop- ped over 5 points when the syndicate firm was removed from the market, stand now about 3 points above their low and 3 under their offering price. Italy 7s, United Kingdom 5!3s, French issues, Berlin 6s, German Reparations 7s and_5'.s, Toho Electric Power 6s, Tokio Electric 6s and Copenhagen 5s were all supported. United States Government bonds, especially the Liberty issues, were fairly actively bought, with gains of 2-32 to 3-32 resulting. | Among second-grade bonds there was |a different situation. Dealers and traders showed little disposition to bid for them, except 1 to 2 points under the market, and where cash sales ap- peared there were wide sags. There was a little buying by specu- lators who expect an upturn next week. Chicago & Eastern Illinois 5s, St. Paul . | adjustments, St. Paul 5s, Erie general 4 | lien 4s, Erle 5s, Florida East Coast 5s, Missouri-Pacific 4s, Missouri-Pacific 5198 and Western Maryland 4s were affected by this and the strength of railroad stocks. heir gains, however, ‘were merely fractional. Junior industrials had no bullish ar- guments behind them and were conse- 4 ‘quenuy irregular in dull trading. There | were small advances in_Anglo-Chilean Nitrate 7s, Armour of Delaware 513s, Goodrich 6s, Goodyear 5s, International Match 5s, International Hydroelectric 65, Paramount-Publix 5!:s, Richfleld Oil 8s and Sinclair 7s. ~Convertibles were better with stocks, without any feature of importance making its ap- pearance. le: stock Outlook Good. CHICAGO, December 31 (A).—Mod- erate supplies of cattle and hogs and a large lot of lambs is the outlook for 1931 visioped yesterday by W. Whit- % | field Woods, president of the Institute of American Meat Packers, SALES. Wash. Gas 55—$500 at 103, $500 at 103. 5 lWlflh Gas 6s A—$1,000 at 102, $4, 000 | § at 102, $4,000 at 102. Wash. R. & E 45—$1,000 at 86%%. Cap. Tract. Co.—10 at 4015, at 4073, 10 at 40, 90 at 40. Pot. Elec. 512% pfd.—5 at 107}3. Wash. R. & E. pfd.—5 at 98. Union Trust Co.—10 at 218. Wash. Loan & Tr. Co.—10 at 440. Dist. Nat. Sec. pfd.—5 at 68. o |Merch. Tfr. & Stge. com.—10 at 103 Dividend rates s iven i the above payments based on the iatest quarteriy nr'"" eatly & ly 1 Eiis 0% ia stod ol PaIaDle u: rlu- % 11 dhoek” EBh 9% 'n Stock. b Plus $100 in Breferred Stock PLEA FOR CARRIER LEGISLATION MADE Commissioner Porter Transportation Laws Should Be More Comprehensive. Believes | By the Assoclated Pres: The need for measures to enable the raflroads to compete more fairly with newer forms of transportafon is em- phasized by Claude R. Porter, interstate number of Nation's Business. “If the railroads,” he says, “are OD‘ be saved as an efficient transportation | agency, it will take the best thought of those in charge, together with the members of the State and National regulatory bodies and the leaders of in- dustry and commerce.” Commissioner Porter points out that the. carriers are now facing four new and dangerous rivals—aviation, motor bus and truck, rejuvenated waterways and the pi l!ne ‘The average busi- ness mln‘ s, is not daunted by new com llt ion, but he has a right | €an to demand that the rules of the game be the same for everybody. With the exception of pipe lines, he adds, these new rivals of the railroads are receiv- { Government aid. n the opinion of the commissioner, | the pipe line is perhaps as dangerous | because it depends on unaided efficiency | to get business. It is taking business , | handie its from the roads because it can uliar form of business than them- | was shown in comparison with figures .| lists published in the New York Times. !of salesmen NEW YORK, December 31.—An in-| | crease in the number of buyers in the | Al New York market during the past week | Am for the preceding week and for the cor- | responding week last year, according to For the past week 397 buyers were veg- | istered, against 341 in the previous week and 356 in the same perlod last year. Arrivals yesterday totaled 243, against 71 | reported a week ago. Post-Christmas shopping by consum- | ers bas been little more than fair and |Int will not contribute much toward im-|Int proving dollar salcs volume for the | month as a whole, New York trade cir- | cles report. Returns and adjustments on Christmas purchases were said by New York executives to be numerous, but probably no greater than a year ago, considering the gain in transactions. Convinced that a considerable amount of business will be available in foreign mnkzu during the first quarter, Ameri- exporters plan to send more men abroad during January than they have in any one month for several years past, export circles report. an mar- kela, notakly England, Prance, Germany | I and Italy, are Lhe objectives of the sales drive: lJLhoIllh a large contingent sc i5 expected to call on | Trush Latin-American customers. Exm DIVIDEND. CHICAGO, December 31 (#).—Sea- board Public Service Corporation today voted an extra dividend for the year of Cumulati d Second Tut encer Tras Super & Others i INVESTMENT TRUSTS & Gen 8n nmental Trus: Shares n Incorporated Investors ... Independence Tr Shares o Amer Secur co e Street re eowniers e Exchange A © ve Tr Shares. Deposited Bank Share Ser Diversified Trustee Shares A. Diversified Trustee Shares B. Diversified Trust Trust Shi | Al Am Investors A Secur. Amer Composite Tr Amer Founders 7% | Amer Ulil & Gen Amer t Super Corp of Am T¢ TP of Am Tr ust Shares of America ;{ullu Stand Ont Shares t hanged. Invnlmem Trhst of N ¥.. Investors Trustee Shares. Jackson & Curtis Inv Assoc Leaders of Industry.... Leaders of Industry B. Corp Shares xa Secur. NEW YORK, December 31 Over-the-counter market: Becur Coi aecur ur Corp 6% "i'bt »). — . | Mergenthaler Linotype—10 at 853%, 10 | at 853, 10 at 853, 5 at 853;, 10 at 85%. | Security Stge. Co.—10 at 108, 10 at 105, 8 at 104. AFTER CALL. Wash. Gas 6s A—Sl 000 at 102. Pot. Elec. 5'2% pfd.- —5 at 107%5. Cn'p Tract. 5&—31 000 at 87, $2, 000 at $2,000 af Norice. This Exchange will be closed tamor- | Tow, New Year day. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Asked. Amer. Tel. 0015 . Amer_ Tel. Am el Wasli., Wash:! Wumnamn Gas s . Wi as 6s, series MISCELLANEOUS. Barber & Ross. Inc.. 6! PUBLIC UTILITY. Tel (9)... Eoia Tradhion co. Wasi. gas Lignt Co. (} W. Steamboat (12g). Potomac Blec. Fower 8% i Pot. Elec. Power 5'2% pfd.. Wash. Rwy. & Elec. com. Wash. Rwy. & El. ptd (3)... NATIONAL BANK. ital (14) a3 TRUST COMPANY. Amer. Shc. & Tr. Co. (15) | Sontinental Trust, (6} | National Sav. & Tr. (] ahd Weshington Was) Bank of Bethesda (65) ommerce & Savings (10)! z-n Jvashington” (1) Washington Mechanics' (20).... FIRE INSURANCE. | Natlonu’ Uni TITLE INSURANCE. . Title & Inv. Co. Md. com. MISCELLANEOUS. 15 B Se & W Fhe: Ebel” corn. (090 Wash' Medica] Bide: Con Woodward & Lothrob pia (1) WEDNESDAY, DECEMBER 31, | [ e BONDS o] ASHNGTON STOREY EWashington Sto.ck E;change‘ 5 at 40, 5; 1930. UNITED STATES. (Sales are in $1.000.) Sales High Low. Close. 10 10129 10126 10129 40 10230 10230 102 30 200 10321 103 18 103 21 9 1027 1027 1027 81124 1124 1124 FOREIGN. Sales. High. Argentine May "61. 91le Argentine 6s Ju ‘69 Argentine 6s Oc 59 Argentine 6s A ‘57, Argentine 6s B '58. Australia 4% "66. Australia 6s 'f5 Australia 6s 57 Austria 7s43.. Bk of Chile 6 Bk of Chil Belgium 6s °5: Belgium 615849, Belglum 7s '65. Belgium 7s '56. Belgium 8s "41. Bolivar 7s ‘58 Bolivia 7s ctfs'69 Rolivia 8s ‘45 Bordeaux 6s '34., Brazil 616s ‘26, Brazil 614827, Lib3%s. . Lib 1st 4%s. Lib 4th 4% s, US3Ks'43., US4%s's2.. Low. Close. 911 91w 0% 90% 90% 904 911 914 6214 904, T4% T8 101% 1074 1% 1071 107% T4 78% 102 107% 111% 108 107 Christiana 65 '54. Colombia 6s Jan ‘6 Con Pow Japan 7s. Copenhag 5s ‘62 Cuba 5%s 45 Czecho §8 °51. Czecho 98 °5 [JAn Mun 8s A *46. 0 Dan Mun 85 B '46 ) Denmark 4% 62 " | Denmark 5148 ‘55 Deamark 6s ‘42 Dutch East I Mar. Dutch East | 6s 47 Dutch East 1 6362 Flat 7s war. Flat 7s ex wi . Finland 615 ‘58. .. Fram 1 D 7%s"4 Krench 7s 49 French dvt 7 German 5% German Bank 6: German 7s rep ‘49, Ger Gen El 73 '45 Greek 6s'63. . Italy 78 '51. s [taly Pub Sv 78 '5: 7214 6 110 109% 109% 107% 1075 934, 100% 100's 105% 1047 101% 1010 101% 1013 101% 101% 10114 101% 78 % 105 120 125% e Jugosl Bank ‘l. 51. Karstadt 6s'43 iKre Montivideo 65 59 . Netherlands 6s ‘72 | NewSo Wales6s'57 NewSo Wales6s'38 Norway 6a’63.. Norway 6s 4 Norway 6s 52 Orient dev 53 Orient dev 65 '63.. | Parts-Ly M Poland 6s 40 Poland 7s 47 Poland 8s '50. nland 6s nland 7s '41. Rhinelbe 75 '46 ww ithine West 63 ‘52. o West 65 '53. | Rio de Jan 634s '53 Rome 8%s'52..... Roy D 4845 ww... Sao Pau 78’ 40 rcts. 2 Sao Paulo 8s '3 8: Serbs-Cr-S] 8s ‘52 Soissons 6s '36. Sweden 538 ‘54 Swiss 513 46 Toho EI Pow 6s '32 Vienna 6s Warsaw 7 58 58 Yokohama 6s'61. . 7 95% 95 MISECELLANEOUS. AbIUDI P& P bs 63 13 69% Allegheny 6s°'44... 12 771 Alleghany 6s°49... 15 76 Allis-Chalm 5837, 11 Am Ag Ch 734841, 10 Am Chain 6s 33 2 AmF P 5%s82080.. 25 Am1GChbls 49. 35 Am Int Cor 5%4s "49 Am Metal 6%s'34. Am N Gas 6%s 'az 69% T5% Am Sug Ref 6 37. Am T&T cv 4%8'39 Arm Del 518 43.. AtGulf 598°5...., At Ref deb 5s 37.. Bell Tel Pa 6e B 48 Bell Tel Beth St p m §s ‘36 Beth St rf 58 '42... Cert-td deb 5% 3 ‘48 Com Invest 6s 48 ConG N ¥ 53%s 45 C Am Sug coi 85 '31 De Edison 58 °40. .. Det £d rf 65 B 40 Dcdge Bros cl 6540 Duquesne 4%s 67. East C Suk Tls ‘37 Fisk Rub 8s 41. . Gen Motors 6s 37, Gen P Sv b%s 39.. Gen St Cas 5%s 49 Gen Thea Eaq 63 "40 @oodrich cv 65 "45. Hum O&R 6%s 62, 111 Steel 435 °40. . . In: Cement Int Hydro E1 63 Int Match 63 47... In M M col tr 6s Int Pap bs A 47 int Pap 63 55 IntT&T ks 1nt T&T cv 41¢8 int T & T bs 55 KCP&LA4%s'S 102 39 1017% 100% Kend hlgs 48 ww.. Lac G St Lbs 34.. Laciede %3 C '63. Laclede 6 %8s Lautaro Nit Lig & Myers 68 '51. ar Lorillard 68'51. ... Lorillard 63%s'37. . McKes&Ro 5%8'60 Man S 18t 1%s n. an Mor & Co 18t 4%s. Nat Duiry 8% 48. 1084 105% 118% 98 107% 102 934 | Received by Private Wire Direct to The Star Nor St Pow 6s B Pac G & E1 5842, Pos Te) & C 6353, Pub Sv G 4%s 67, Pub Sv G4t Pure Oll %s 37 Rem R'd 6% A 47 Richfi’d O cal 63 "¢4 *| shen un on a Sinel O 63 18 Sinel O Taov A 47 Sincl CrO 5%s Sinclair P L b8 Sou Bell T&T 5841 SW Bell T 65 A '64. StOfl N J 5848 ST Ol N ¥ 434561, Sug EsOr 78 "42... Tenn K! P 63 A 47. Tex Corp ev Utd Drug ¢ U S Rublist b : Utah P& L 58 44.. Utl] Pwr 5859 ww. Utll Pow 5148 47.. Vert Sug 1st 7s "42. Walworth 6s A *45. Warn Br Pic 6339, Warn Quin 6°39. . Warner Sug 7s " West EI deb 53 "44. West Un Tel 58 '51. Wh Sew Mch 6: Wic Spen S et Wil & Co 151 68 41. YouSt& T5s'78.. Atchison ad) 4s 96 ateniso Atch'oncv 4%4s 41 Atch Ariz 4155 62., At& Danvds 48.. AUC L Ist 43 '52 AtC L col 4852 (AtCL4%s 64, B&O 4s B&Ocy B&O 41860 B & O ref b 3 & O 1st 53 '4 B & O 6s D 2000... B&O63'95... B&O Swn dy 68 ‘50 B & O Toledo 43 ‘50 Ban & Aroos 4s ‘51 le! Bklyn Man 6s Brooklyn Un 58 '45. Bklvn Un 1st 68 '50 BR& Pltt 4%, Bush Ter con 58 ‘56 Can Nat 4%s 'S4 Can Nat 4 Taee San Nat 4%8 Can Natl 4%s 5 Can Nat 68 Ju Can Nat s Oct Can Nor 4148 ‘36 Can Nor 6148 db'46 Can Nor 7s den 40. Can Pactfic db 4s. . Can Paclfic 4 %5'60 Can Pac 55 ctfs 44. Can Pacific 53 '64. . Car Ciin & O 6s '38. Car Clin & O 6s°52. Centof Ga 55 C '69. Cent Pacific 4849 ‘ent Pacific 68 'n Ry NJ gn Ches Corp 68 "47 % C&Ocon El "39. Chi & Alt 3s. CB&Qgends CB&Q I1dv 3138 49 °h & Bast 111 68 51 Chi Grt West 4s '59 Cn M & St P 4s 89, Ch M&STP 4348 C. h M&StP 4%s ‘89, Ch M St P&P 68 1 Ch M & St Padj “PCh&NW gn 348 Ch & NW 4% 2037 Chi NW 4%sC 2037 h & NW con 4% . Ch&NW 6%s°3 Ch R I&P gn 4 ChR1&Prt 4 ChRI&P4 CnR1cv43%s’60. Ch Un Sta 4%s '63. Ch Un Sta 6s B '63. C& W Ind cv } C& W Ind's CCC&St L 4 CCC&S L5sD 63 C U Ter 4 %s 2020.. Clev Term 4%s "17. Colo & Sou 43 Colo Sou 4%s 80.. Con Ry 4%s'51. Cuba RR rf 7%5'36 Cuba Nor 6%s 432. Del & Hud rf 43 Del & Hud cv 5 Del & Hud 634837, Den&R G W 68 '56. DRG& W st 55'78 E Tenn Va&Ga 5i Erie 1st con Erie con 4s A '53 Evie Gen Erie cv 65 '67 Erie 53 1975. Fla E Coast 53 '74. GrTrs1db 6 Gr Nor 4%s Gr Nor 41877 (E) Gr Nor 65'73. ... Gr Nor gn § Green Bay deb B Hud & M adj 6s '57. Hud & M rf 58 '57.. 111 Cent 4s '53. . 11l Cent ref 4s '55.. i1l Cent 4% '66. . 111 Cent 6%s '36. 111 CCStL&N 55 A. Int Rap Tr 63 '66 Int Rap Tr sta ‘6 Int Rap Tr 6s ‘32 Int Rap Tr s 32 Int &G N ad Int RysC A6 Int RysCA 6 Kan CFtS&M 4 Kan City Sou 68 ‘60 Kan City Ter 45'60 Lake Shore 3%s '97 Lake Snure 43 31.. Leb Valcv 4s 2003, Long Isl rf 48 49.. L & N unt 4 L &N 438 2003 L & N 55 B 2003 Market St 73 Mich Cent ¢%s M1l E Ry & L b M &SL ist rf" M StP&SSM con MStP&SSM 5345'78 M SIP&SSM 648, . MK & T 1st 48 '90. MK&T4%s 8., MK &TprinésA. MK&Tadsbs 67. Mo Pac gen 4 . Mo Pactieben 8 Jio bacine 6 i 11 | Mo Pacitic 55 G "78. Mo Pacific 55 H ‘80 t\OT&MB!A’IB. NOT&Mb%s 54, oLk Cent 4148 2013 Te im 63 2013. LS cl 334893, &StL 4348 *18. & St LIMIA Aaggaaae 00%q Sales High. 1 3 105% 28 10 1 15 17 4 1 19 1 19 5 1 % 12 1 21 17 ken 48 95 140 50 4 Gr Ner gen 78 '36.. 2 8 2 FINANCIAL. Low. Close. 105% 105% 102% 102% 104 104 50% 50% 1054 105% 9844 994 89 89 73 13 60 60 5L 51 102% 102% 1021 1021 87l 8T% 83 834 55% 56 98 104% 104'% 1054 105% 10415 104% 98y 98% 12 17 104% 104 9919 1004 9415 95% 04 T0% 99% 3 1054 105% 101% 101% 8 RAILROAD. 944 9414 mz 9% 88 98% 26 100 92 101% 1015 105% 105% 100% 10214 107 1074 '».’- 88 98% 101% 101% 104% 104% 10415 1043 100 100 115% 115% 109% 109% 87TW 8T 984 9814 101% 102% 102% 102% 1024 1024 107% 107% 831 85 95% 96 103% 104 12 112 951 96 100% 100% 100 100% 104% 104% 70 1024 102% Misses 1043 104% 864 867 102% 102% 100 100% 103% 103% 103 103% 40 - 40% 945 95 4 1017 101% 105 -105% 103% 103% 108 108% 109 109% 30 i 74 4% 9T 9T st'/: 98% 70 69 56 u.lh 84% 100% 100% 86'% 103% 104 554 5% 93 93 102% 102% 101% 96 96 101% 101% 89 89 68 98 98! 96% 97 96% 97 95% 96% 9lm 924 69 102% 102% 1053 107 ;|and the 11-month period follow: SALES HOLD WE[[ Only 2 Per (em Drop in 11 Months Shown by Reserve Board Report. Department store sales in Washing- ton in November were 6 per ceni oeiow the corresponding month a year ago, according to an announcement made by the Federal Reserve Board today, but for the first 11 months of 1930 were only 2 per cent under the sales recorded in the same period in 1929. Baltimore suffered a slump of 15 per cent in November sales, but stands ex- actly the same as Washington for the 11 months. Atlanta sales were off 3 r cent in November and are also down per cent for the year to date. Nash- ville was down 16 per cent, New Orleans, 11 per cent, and St. Louls, 17 per cent in November. Memphis found the hardes’ sledding of any city in the South, November sales beln off 31 per cent. Among other cit- hicago reported a 22 per cent de- (’Une over November, 1929: Cleveland, 25 per cent; Detroit, 24;: Houston, 20, Xndlsnlpoh.s 18; New York, 8; Pitts- burgh, 12, and Fhlllflelphh 12. New York City is now but 1 per cent behind last year in the 11 months; New- ark has the same record, and Omaha holds the same record as Washington. Out of a total of 258 cities not one has enjoyed an increase during the year. Akron, Detroit and Toledo have been ) ! 1, the hardest hit in the 11 months, their trade losses being about 19 per cent. Reserve District Comparisons. The Federal Reserve Board also an- nounces the department store sales rec- ords by reserve districts. The local fifth district reported a loss in November of 12 per cent against an average of 14 per cent for the country as a whole. For the 11 months the Richmond dis- trict was off 3 per cent compared with an average of 7 per cen| 12 dt'llrlc' pe: it decline for the In November the New York distriet made the best showing, with a drop of 8 per cent and Boston came next with a drop of 9 per cent. Richmond, Phila- g;man:nd Kansas City districts re- e same percen thgone P tage figures for ston retail sales for the year to are off but 1 per cent, llldyxn[ llld:l: other districts. New York is second with a 2 per cent loss. Complete com- parisons of all districts for November lumb!r stoyes. 633 Districts. Total 258 eiti F_R. ‘distric Jan. 1 10 Nov. 30. -7 Bt hrancises. 24 Sales in Various Departments. The percentage of increases or de. creases in the different departments of the stores in November, 1930, as cmn- H pared with November, 1929, are also in ) cluded in today's report. Below given the average percentages for '.he 12 districts: Sl T Rena dists. " dist. Goods— - Wi Neckwear, scaris Milliners " .. Gloves (women's. children's) RS e et BRF3- o353 LRws! Mei vumumnn hats. caps Boys wear . Men's, bovs' Hovse rurnlmmu— Furnitvre Oriental rye: ¥ Bomestic fioor ‘coverings Draperies. upholstery .. China, glassware ... RICHMOND PORT COLLECTIONS RICHMOND, Va.. December 31 (#).— Collections of Richmond port for the calendar year 1930 were $4.160,567.86, @s compared with $3.218,992.82 lflr 1 W. Gay Smith, United States coll of customs. announced. Large importations ‘of Turkish ui ‘baccco were credited by Mr. Smith wit! causing this increase. TREASURY CERTIFICATES. (Reported by J & W. Seligman & Co.) Rate—Matnrity. Hd. ,m%gfl 1348 June 15. 1728 P 15 e }.:: lnee'é. i e Because many owners are financially unable to pay for registration of their cars, Havana, Cuba, has 2,000 less reg- jstered automobiles than a year ago. Sales. High. Nor Pac 58 D 2047. 25 101% wm mng Nor Pacri6s2047. 6111 111 111 ShortLeonbs. 1 108 108 108 b rtd. 17 106 108 9 93 98%. . 981 105% 105% 102% 108 ° 96% 97H - 99 100 109 103% 109% 80 100% 101 [0 Penna 4s 48 Sta. Penn cv 435 '60. Pann-zen 416865 Penn 4%s'70 Pera Mar 4%s P CC&StL 4%s77 107 P& W V4%sCr60. Read gen 4%8 A'S7 Read Jer (en 4s ‘51 RIAr&L4%s'34 St L Ir M'ot StL IM R&G Mo AnaRHENRE S8 @ Sou Pac col 4s Sou Pac ref 4s ‘55 % Sou P&OT 4%s 77, Sou Rwy .nn 48'58 Va Ry & Pow Wabhash 4148 18 Wabash ist 6s 39, | { /. | | | { } ’D”q,:/ “Whatever hurts the raflroads,” he Pedestrians wearing dark clothes 943 | explained, 'hum every one of us. The %4 investors of thi 2 is country have absorbed 10872 more than 14 dollars in railroad _#812 bonds and :aimost 10 billions in stock.” 106 '}v-% extra. - &1« xira. 40 cents on common_stock, Dlylhle to degmlun of record December 2i should have white wraps around their .u&“l!!ml;“b'}cwm"r vuulg“n necks at night so auf - can see them, extra div 2 cents on ¢ lares Dr. Edwin Smith, 10674 lll’.« r Pacific 38 2047 0135 Nor Pacific 4897 ums 102“’ or. Pn %8 2047, 5 8 3 6 15 Nvt!l l’o-ll"ll 10 103“ 2 %l sB & E 1st b8, e