Evening Star Newspaper, January 4, 1931, Page 64

iTON, D. C, JANUARY 4 1931—PART SIX. NEW YORK STOCK EXCHANGE B6% 16% Utd Am 14% United Csrbon (1) A4y Hinited Clgar Stores. 26 " Utd Cigar Stores pf(8) 18% Unit Corporation FINANCIAL. THE SUNDAY STAR, WASHI - ADVANCEINBOND |[ BOND SUMMARY. FOR THE WEEK 9826 LAb 3%s 1932-47 4 lol z loo 10 Lib 1st a‘- nl 104% . 99% Youngstown Steel 5s ‘7 4th ‘FINANCIAL. Workers Left $100,000. ofioa 18 Zazem b ar gt .n-mw- h ,4 % e 25Rs5%28 RAILRO. Aun;.lnmx 4895 Amm ot (33 Sharp ztm Shattuck (FG) (t1%).. 26 Shell Transport (a2.43). 8% Shell Unifon Ofl... 656 Shell Union Ofl DE(E%). 4% Shubert Thetree I++ 82 Substantial Gains—Do- mestic List Strong. Atlantio CL 1 Atl Coast Line 4% B&Ogold 4s'48. .. B&Oocv4k%s oxw Balto & Ohio bs B&Oref 65'95. B & O ref 6s D 3 Balto & Ohio 6s ‘95 B&OPLE& W Va 4 B&OS W Div 68 '60. o D S s CuUT! YOUR RENT —by locating ‘in one of the best ground floor stores or office locations in city. At half your present rent. Exceptional Offer See 1424 K St N.W. +hEEE L AE +4+4 FARETS Ees 25 BY DONALD C. BOLLES, Associated Press Financial Writer. 7 1 NEW YORK, January 3.—All sections | 108 z 12:: l::% 99 mm m’ ;fl“m 00% Bank of Chile 6%s 1961 7% 19 106 Belgium 6s ‘55 101% 108% v Toee - . ondwy & Tth Av 58 43 prices forward in recent sessions. Buy-| 111% Belgium 8s ‘41 107% 107% i bk R R ing covered a broad ficld of issues with lg;“ Bolivia 78 ¢t 8! % 28 Brookiyn Unlon 6850, .. many gains registered in points. Turn: 54% 57 Canada Natonal 43%s'64. over was eomw-bh with recent short .. 1% ~1 fan Natl 4%s ' working to the hlch two-year | 94% Chile Rlbuh“a 6 196 70 2% Canadian Natl 8865 Oet Jevel mchod last Summer and second | 34 Chinese Govt Ry bs '51. % 26% 26% et Panioaes (o issues, many of them on legal| 82 Colombia 6s 1961 Jan. 86 58 Centrai Pacifio 48 49, £t have besn buoyant. Some now are | 100% Copenhagen 5s ‘62 96% 98 Gentral Pacifio 58 1960, quoted lo points or more above their | 111% Czechoslovakia 109% 109% Clhisupenhe CM_”.,”" Denmark b%s 1955. 99% 101 Denmark 6s 42, .. 104% 104% 101% 102 recent low. 101% 99 Ches & Oh gen 4348 '92, The domestic section was strong.| 106% .- Ches & Ohlo 438’93 A. Prime and second grade issues were| 1031 Dutch East Indles 65°47. Ches & Ohlo 41488 '95. 2% Spear & Co..... stimulated by a good mquiry and many | 103% 101% Dutch East Indjes 6s '62. : 101 101% ChiB&Q4%sB'T7 8% Spencer K-nor(lOc) advanced from 3% to a polm St. Paul | 107. 747 Fiat 78’46 war S 7 80 Ch & East I1l gen 68 1% Spicer Mfg...... 6s, New York Central 5s, Frisco 4%S,| 1911, 913 Finland is '50. 4 A 94 94 Chi Great West 45 '59 5 26 Spicer Mfg pf (3). were among the strong carrier issues.| 1p; 112y French 7s'49. 120 120 In the utility group American & | 156 118 French 7%s'41. 126% 126% Chi MStP&P68'75..... 4% Splezel-May-Stern P, A Chi M St P & P adj 5i 143% Standard Brands (1.20). Foreign Power bs touched 80, up more . 6 11 han a pont, and the speotacular climb | 914 68 Ger Gov 64565 W AR fhl“KOlN“;: cv4ys'49. 114 Stand Brands pf (7).... 76% German Bank 6 193 - 2% Stand Comm Tobacco. of International Telephone 5s and 100% German 7s '49 lga 12: . 3% Stnd Gas&Fleo (3%) m:;k‘npx? 58 was rd“{rfl:g MB:E: oy 80 1968, 7 85 Stand Gas & El pf (4) grade ustrials were thinly State 55 '60 1. aac 1014 Skelly Ofl (2) 42 Skelly Ofl pf(6). 12 Sloss-ShefMeld Steel. 28% Sloss-ShefMeld pt 1% Snider Packing Co 8 Sulder Packing pf. 90% Sovay Am Inv pr w . 10% South Porto Sug (1.40). 103 SoPorto Nws&pfl‘). 1 40% Soutnern Calit fl). 3% Southern Datri 88 Southern Pacific u 46 Southern Raflway 46 Southern Railway pf(6). 60 Sou Ry M & Ohio cfe(4). 32 Spalding (AG) (3)..... 108 Spalding A G 18t pf (7). 19% Spang Chalfant & Co.... 8 Sparks Withington (1) Indus Alconol an.. Leather, A, Leather pr pf (T)... Plps & Fay (2).. Pipe&Fy 18t pf 1. Realty & Imp (3) Ruhber. = wan Sm :- H 5 H FEF FEESE AR e s Fresiress Capxtal Wanted for Expansion Opportunity for Exceptional Income. Com| here, doing business elsew! in a prime commodity, now earning gver. 3% on_ smali F .. = 4+ e FEE - o Frea :ccc::cc:a::cc " 2 EFEEES R R e ) Unltod Store: United Stores pf Borres ex 222F o2 Univ Plotures 1st pf ( Univ Py, i+ 444 o et lnto & lifelong, profitable "Address Box 443-R, Star office. Fin! Murtu.o Lom In AAl:m Ogunty and Vadasco Sales. . Vana, | Ew .. R T Chicago Rys 58 '27. ChiR I & Pac ret 4s '3 Chicago RI4%8 A. Chi Union Station 44 Chi Union Station U% Chi & West Ind eon Chi & West Ind 5%s CCC&StLrf4%sE"TT. « CCC&StL6s Clev&StL rf and Term 58 B 7 Cleveland Terminal 6% Colo & Sou ref 4%s '35, Cuba R R 58 *5. Cuba North 6% Del & Hudson 6§ it A+ - EF 9 Va-CaroChem 6% pf. 11 % Va-Caro Chem of (7)... 69 Va Elec & Pwer pf(6) n. 100 Va Iron Coal & Coke. . 21 Vulean Detinning (4)... Wabash........ Wabash pf (A) (5). Waldorf Systém (1%) Walworth Co (2). Ward Baking (A). erd Baking B. 101% 101% 91% 98% 102% 102% 0% 92% 8 8 maintained upward trend. United 96 92% Stand Gas& Eleo pt (8). an States Governments held their ground. 88% Sentiment toward foreign obllg-tlona was somewhat improved and a ls{g ma::y o’.l"hflrem ‘were & (e;erleofgnl‘po" Milan 6%s '52. . 75 8% erican Netherlands 6s ’72 % 105% 105% ‘n."he s ne " 190% New South Wales ‘67. 60% 68 CORPORATION iy R ot oo REPORTS Paris-Lyons-Med 6s 58 104% 104% 4 Orleans 5%s 1968 lgl‘/l 101% TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS 1 * 1% Stand Invest Corp. . . 42% Stand Ofl of Cal (hZ%). . 98 Stand Oil Export pf (8). 14% Stand Oil of Kan (2) 48% Stand Ofl of NJ(12). 19% Stand OfI N Y (1.60). 26 Stanley Co of America. 19 Starrett (L8) (12%) 2% Sterling Sec A)... 5 Sterling Secur pt (1.20). 30% Sterling Sec ov pf(3) 14% Stewart-Warner (2) 37% Stone & Webster (4) freit : 118" Sindevaker Gof (1) i tudebaker Forana 3880 oo " '« Subiaaring Sott. Queensland 65 '47. 89 SunOil ({1 Queensland 7s "41. 97% Sun Ofl pf (6). e Sexeer ¥ = 7 M-x!co 451904-54 B e s iR +H+++ + ""B‘-. Joseph fihw Bmm'usl-:n CARS We Never Offer any Used Cars but “Better Used Cars” MOTT MOTORS, Inc. 1520 14th St. NW. Dec. 4341 L4444+ Wesson O11 & Snow (3). Wesson Ofl & 8n pt (4). om Erde gen lien 45 Erie ref 5s '67 % % Superior Ofl... i Swants Co ot Am (1) Flor East Coast bs '74. weets Co o Fonda J &G 4%s '52. Symington. ..... Symington Class A. ... Grand Trunk s £ deb 6 Grand Trunk 78 *40. Telautograph (11.40) Great North 4% Tennessee Corp (1) Great Nor gen 5% Texas Corp (3).. Great North gen 7s '3 Texas Gulf Sulphur (4). Havana Elec RY 6% Texas Pacific C&Ofl. .. oy o Thatener Mie 0160} Hud & Man ref 58 ‘57 b Thatcher Mfg pf (3.60) The Fair (2.40).. The Fair pf (1) C NEW YORK, January 3.—The fol- lowing is today's summary of important by Stand- nc., New York, for West Penn Eles pt (7) wut Penn Power pf(6). Penn Power pf(7). I+1++0 0 77 88 106% 106% 2 7 78% Serbs Croats Slov Swiss 6%8 "46. Toho Elec Pwr 7 Utd Kingdom 6%s '37. Uruguay 6s 1960 Vienna 6s 1952 83% 84w Warsaw 7s 1958 B4y BB Yokohama 65 ‘61 90 91 105% 107 93% 98% 104% 106% 0 5% )portant com- panies in past day mcluded decl.snunn of an extra payment by Bon Ami and omission of disbursements by National- Erie and Lamson & Sessions. Sale of Inc., to National Biscuit has been ‘Wheatsworth Fox w5E FEsepseesSis T4+++++ 1 4+ 444444 inghouse E & M(6) inghse B&M pf (6) Weston Elec [nst (1), .. Weston Elec Ins t A (2). West Vaco Chlorine(2). Wextark Radlo Strs. statements, except for that issued Illinois Power & Light, m unfavor- Bank clearings this week g8 Abram & Straus Ehd a 273 per cent decline from the | jo¢ ‘Alleghany Co cv b Inter Rap Tr 58 sta. Inter Rapid Tran Inter Rapid Tran Inter Gt Nor nd] o Towa Central Kan City South l Kan City Sduth Kan City Ter 1st 48 Lake Shore 48 Lehigh Val en 48 20 Louis & Nash uni 4 Market St Ry MIIEIR & L 18t ry Minn & St L ref 4s MStP&SSM6% s Rt oot » part o the hrge uded a pa: rge January settlements. For the month of A s . December clearings on an average dally A basis were 23.2 per cent inder the 1029 i ooy Am Natural G 6%3 '42 Am Sm & Ref 15t 6347 Am Sugar Ref 6537 Am Tel&Tel cv 4%s Am Tel & Tel 8 £ b 104% 106 Am Writ Pap 6s 52% 55 Armour & Co 4%s '35 86 90 Armour of Del 5%s "43. 71 9% Atlantic Ref deb 6s ‘37 101 101% Bell Tel (Pa) ref 106% 107% 01 101% 25 82 89 91 49% 54 99% 1 58 Mnay. o Mand (o Rt ok First Deed of Trust 6% Interest ew Mach pf Wileox Ofl & G Wl:lnox & Rieh is period of restricted. ex- emngu !ouvwinc the market break in 1929. Commercial failures in past week ‘were 4,221, compared with 501 in same period & year ago. 1174 128% Tobacco Products. % Tobacco Prod(A)(195¢) Transamerica Corp (1). Transue & Willlams (1). Tri-Continentl Oor’p. . Truscon Stl (§1.30) . Twin City Rap Tr (§ Twin City Rap Tr p£(7). UL+ +4++ 1+ 144+ F bbb+ B e S A R = R e IGHTS—EXPIRE, Pwple- Gu Chi..Jan 15 mx % + ,Diyidénd ro in ¢! u Yhsed or on e Ie First Mortgage Loan % 91 931 104% 104% 28,88 Detroit Edison ref 65’40 Dodge 63 '40. . 57 Duquesne 4%s 1967 % 108 104% con- | g7 East Cuba Sug 7%s '37. 80 31 *not| 108% General Cable 535 1947 92% 92% 104 N 100 102% 108 4 10: 100 96 88 8 Applications [+++4+1 present ml o P in an_ sttem) Union Tank Car (1.60).. 5 tock. . Should | 108% nited Afreraft 26% s Unit Afreraft pt ¢ : @ 7 4 o2 1‘% s 5% In ‘Wcl » Pllll H 00 ln pul-rred ch T Plus CHICAGO LIVE STOCK MARKET | 5.50; practical ‘top veal eflnl, 12.50; CHICAGO, January 3 () (U. 8. De- | Dest feeding steers, 8.85. partmen Alrlmmunm Sheep—5,000 head, includify 3425 % t ,“.M ) Cattle 300 | divect; today's market nominal, stesdy: | 330. bulk. i30-430 To0anal SNa;: ooy to previous week, In-be- | ;e oug loads 80-9%- 230-340 . pounds, 714641907 compated tween grades fed steers and yearings, 50a | 8.25a8.65 to packers; week ago, market mmfly 15-25. 100 lowsr: top and bottom kinds, 28 |bles from foeding stations and 11300 s took 3 mofl.aroundulnmondlmgmu direct, compared week ago fat lambs fat she stock; cutters, steady; b un- | strong to 25 higher; in-bet ; vealers, 50a1.50 higher; choice |of light and medium wei strong 'elzhu up most; mcun top reached 8.75; clmg, Lackawanna Steel 68 '50. 101% 10234 feeders, 25a50 lower; top fed year choice lambs -Four-system Laclede5%s D 100% 101% 14.25; welsmy beeves, 13.50; pulk A S Ban 5 meavier wu 7. sows, medium and ot Dlan aitlied | 100% Liggett & Mvers 5 5 105 106 96 steers yearlings,” 8.50a11.00; best |native bucks, 7.00a7.65 50 | good, 275-500 pounds, 6.3586.75: plgy I C. C. includes allocation 13‘.’% L:';’A: ::: :::}:’:{rfl & xgg 12;% ye-mngl h%‘;"’ llol’_ll-z top cows, l;l“fi, ?adblg, lt.-t l:'n;v;sw-. 3.00a3.! 50 tew‘tood and choice, n'm-no pounds, 7. woew' Vi . Y 5 4 ' practic: ‘wel sausage , | fee | Ann Arbor $o Baltimore & Ohlo and 85~ | “g7i, g4 Loriliard 6%s'37 86% 88 4 2 e 23% 26 100% 100% 5 101 104% 98 99% 14% 16 107% 108% Invited at 5/5% Glover & Flather 1508 H St. N.W. National 1753 Int Tel&Tel cv 4% '39. Kan Gas & Elec 438 80. Kendall 5% '48 (war)... dium 'Bll‘hfl ZO-IW mdfl " 658 8.1 g:nvy weights, 250-350 pounds, daily output ?s January allotment, 465,000 barrel d.nfly Raflroad—] Eastern trunk Manati Sug st 7%s 42, Midvale Steel b8 ‘36 South Ry dev % S. Thira Ave 1st ret 4 Third Ave adj b . Jeven Union Pacific 1 Union Pacific ¢ Un Pacific ref 4s 20 Virginia Ry 1st 6: Va Ry & Power 53 ‘34 Wabash 438 Wabash 1st 5 Wabash 6s B | Read C&l surp! < Philips Petrobm 65 #35 in the next few Postal Tel & Cab 5s°23. limit the advance | 101 Reming-Rand 6%s '47. . 92 Sinclair O1) 78°37. . 97 Sinclair Crude O11 § Sinclair Pipe Line 5 Southwes Bell Tel 68'54. . Stand Ofl N J 51 Stand OfI N ¥ Sugar Est Oriente ‘Tennessee Copper 6 United Drug 6s’53. U 8 Rubber 1st & ref 1 Uttlities P & L 635 °47. .. CONDENSED REPORT OF CONDITION THE RIGGS NATIflNAl BANK of Washington, D. C. At the Close of Business December 31, 1930 Convenient Locatio Adams-Millis Corporation 1030 sales wup 105 per cent. American Agricultural ch;?ucu cap- ttal r—djumem plan ratified by stock- about r cent. stock de- m Nl‘ln (or eposit extended to Whnsm—flwfimmotwn!ox dwmtlmfllyflled ummmwuwvuInmpr Mm“fllfi.’mmfiexmm 50 n(ull;chundlvldmdl Main Office: 1508 Pennsylvania Ave. N.W. m set. &s‘&:n%‘;‘ of surplus for elas: A 1931 divi Br.hn American Tobacco _share| earnings year ended September 30, $1 u against $1.27. hilds Co. cuts pay of officials and -n loyes 10 per cent. Conaotidated Gas of New York— Twenty-five thousand, one hundred and tnirtean. new mmrs installed by New mportazit independents. Pullman, Inc., subsidiary, Pullman Co., November deficit, from transportation operations, after taxes, $46,739, against deficit $24,600; 11 months’ income, 84,956,424, against income $8,725,635. Republic Steel subsidiary, Central Al- loy, adds 600 to working force. Stutz Motor Car plants operating on full weekly schedule; December shipments about four times those of & year ago. NOW IS A DECIDING TIME Farmers & Mechanics Branch: Wisconsin Ave. &M St.N.W. Friendship Branch: ‘Wisconsin Ave & Warren St. Dupont Circle Branch: RESOURCES Loans and Discounts. . % . .$80,304,940.73 U. S. Government Securities.... 11,720,109.38 All Other Securities............ B5,892,674.16 Banking Houses and Furniture With dividend money coming in; perhaps maturing invest- ments placing principal in your hands the question arises what cmw-g n n.sl, ,mn"& ‘Nashville disposition to make of them. Grief Bros, :flm“’fd}“ & Tinplate, D ‘eaeason I < Our red | OU from 37 to 50 per cent, o nive saeminge 13 monihs 1o Novembet |, Westigiouse Eocrle & Yanutac- 6% FIRST MORTGAGES offer the two most important turing receives orders for two generat- v ilraaiional Shoe” 630, progucun | T 1om, S8 Harbor Weter Epwer, features—security and generous interest, that continues the same to the end of the mortgage term. i1ty of common stock assent to sale of of a 888 I 1 o o i 50 cents ! 83%ts to National Biscult for 10,000 quarterly common dlvmcnd "““‘ National Back of every 6% First Mort- gage stands conservatively ap- N. B. C. stock. Bellas Hess December sales i e SO ©ff 31.6 per cent; 12 months, off :m Loss praised improved Washington real estate. or| BEAL ESTATE MARKET COMPLETES FIRST YEAR May be purchased in amounts from $250 up. 3. F. BSAUL CO. National 2100 925 15th St. N.-W. 2,936,242.24 §0,000.00 Five Per Cent Redemption Fund Due from Banks. ik | Thompson Products share earnings 1913 Mass. Ave. N.W. Durant I(oum of C Northwest Branch: 18th St. and Columbia Road Park Road Brancht 14th St. and Park Road Untited_States Stzel-'rmnuue Ool-l. , subsidiary Am LIABILITIES Capital . Surplus . . Net Profits and Reserve for Contingencies ............... 1,028,615.88 Reserve for Taxes and Interest.. 154,851.80 ments to U. 8. AGort: Bonds ol e 350080 $62,105,790.78 Seventh Street Branch: T7th and Eye Streets Complete Banking 3,000,000.00 Century Without a 1 NEW YORK, Jlflllll" 3.~The N o Menioo.Spe- | York Real Estate Seouritics Enchange announces has the nm n-r of its ex- market for real estate and stocks and ge_par- ‘Bros.’ December sales up 12.4 | ticipation certincates . Trading " began Trust Service N per cent: 12 months, up 9.3 per cent. |on December 16, 1929, New York, New Haven & Hartford Charles G. Edwards, president, says economies involving over $4,- i that the average price paid for or re- r annum in effect. celved from the sales of all bonds & Western Raflway, 2,800 | traded in during the year has been shopmen re-employed after two-month | 90%. Mr. Edwards eonsmen this com. e “a greaf lue of ‘M real estate the evident THERE 18 NO SUBSTITUTE FOR SAFETY