Evening Star Newspaper, September 29, 1931, Page 14

High. Countries 'fo _Gold Basis Have Borrowed $550,-- 000,000 in U. S. BY CHARLES F. SPEARE. Spectal Dispatch to The Star. NEW YORK, September 29.— The Bcandinavian countries that have now gone off the gold basis, as a measure of self protection from the effects of & similar policy by Great Britain, have outstanding loans in the United States in dollar form of approximately 50,000,000 ”ox these countries Norway has been the largest borrower here, with 19 Joans approximating $190,000,000. Swe- den is second with four loans aggre- gating $180,000,000. The Danish dol- lar issues total $175,000,000. There is only one Swedish government loaxn, | however, while there are three loans to the Kingdom of Denmgrk and four loans to the Kingdom of Norway. Recent Prices of Bonds. Until & few weeks ago the govern- ment and municipal ‘tns of Scandi- navia were classified as among the best of those that had been negotiated in the United States in dollars. The rat- ing of the $30,000,000 Swedish govern- ment 5%s was approximately the same as that of ‘the 515 per cent American Joan to Switzerland, both issues selling this year as high as 107. Danish gov- ernment and the Kingdom of Norway Joans were at about a parity and both at a premium over par. The City of Copenhagen 5 per cent loan, which had been refunded when the 5las were called, the latter having been one of the first Scandinavian issues in dollar form to be sold in this country, only a few months ago sold at 101, ‘which laced it in a-class by itself among —term continental municipal bonds. | Included. in the -list of 15 Danish issues in dollar form were those of the government, of cities such as Copen- hagen, three loans of the consolidated municipal type, of which one was guar- anteed by the government, and also a loan to the Mortgage Bank of Denmark, which had behind it the credit of the kingdom. There were also several loans to export companies, to Danish steam- ships and to public utilities. The 19 Norweglan loans included five to the government aggregating $118,000,600, eight to Narwegian cities, two to mu- 1 banks that were guaranteed by the kingdom and four to Norwegian hydroelectric and other public utility corporations. In addition to the $30,- 000,000 direct loan to the Swedish gov- ernment there have been two loans of $50,000,000 each to the International Match Corporation and 6ne of $50,000 000 to the Kreuger & Toll Co, all obli- gations of the Swedish Match Co., the most powerful industrial group in Sweden. ’ The first effect of the suspension by QGreat Britain of gold payments was witnessed in Danish dollar bonds, which had been unsettled earlier in September from interna! conditions and | had reacted considerably prior to Sep- | tember 21. Tll:ie lcd:l:‘ oh‘?en::rk in | hibiting gold expo W pro- meed heavy liquidation in this market of Danish obligations, which have de- clined to discounts of from 20 to 30 per cent in the case of bonds that pre- viously were selling at a premium. Frozen Loans to Germany. ‘The single Swedish government issue has gone to a discount of 35 per cent, while the International Match bonds that were quoted at about par last Win- 125 10% 13 10 83% 17 93 11 ter are at a discount of about 40 per | cent. Until yesterday Norwegian govern- ! rather better markets, especially the banks of Sweden. Sweden has been s negotiator of many of the tri-partite credits in which Ger- many was the borrower and New York, Lo and Stockholm banks were the lenders. The present difficulties in Sweden, which her bankers attempted to modify a credit, which th Amg and Prench bankers refused, are mainly due to her “frozen” loans to Germany. Danish and Norwegian conditions are more closely tied in with their foreign trade, which has been af- fected by the great fall in commodities. Radical political devel ents have also |. been a disturbing fs ,-especially in Denmark, where unemployment this year has been a serious problem to the government, The advance in the rediscount rate in Norway and Sweden from 6 to 8 per cent follows increases that were made before the gold suspension by Great Britain and brings these rates to a level with that now prevailing in Germany, but 2 per cent higher than in Great Britain. (Copyright, 1981.) i ADVANCES IN TOBACCO! EXPORTS REPORTED Sales Abroad During August Gain| 2,500,000 Pounds—Value Also Increases. Exports of leaf tobacco from the United States during the month of Au- | gust advanced 2,500,000 pounds over | shipments in July and there was an in- | crease in value of approximately a half- | million dollars, aceording to a report | made public today by the Commerce | Department, tobacco division. The report pointed out that the | average return per 100 pounds declined 13 cents, bringing the average to $20.07. s egainst $20.20. The total return fer | 21! leaf tobacco was $4,639,645. al exports of leaf for the eight- menth period are 315378227 pounds, with a value of $60,604,670. The total exported during August amounted to | 23,113,485 pounds, valued at $4,639,645, in’ comparison with 20,574,000 pounda‘ valued at $4,157,000 in July and 39,534,- 542 pounds valued at $9,649,503 in Au- | gust, 1930. PROSPECTS FOR WHEAT IN AUSTRALIA ARE GOOD By the Assoclated Press. | Commerce Department dispatches re- port the wheat prospects in Australia are gocd with pre-season estimates of a | production of 180,000,000 and an ex- u‘?lus of 130,000,000 bushels. During July China and Japan bought from Australia an aggregate of about 300,000 tons of wheat for August, Sep- Zsmber and October shipment. These 55 113% 106 Outlet Co pf (7) 39% 5 69% 131% 113 183 313 69% 10845 THE EVEN. NEW YORK STOCK EXCHANGE Recelved by Private Wire' Dircct {6 ‘The Star Office. (Continued From Page 13.) Low. Dividend Rate. 22 Link Belt (1.60)..... 16% Liquid Carbonie (2). 35% Loew's Inc (3)...... 80 Loew's Inc pf (6%). 2% Loft Inc. ove (13). lea 18t (T) 10% Lorrillard () Co. 15 Louisiana Oil, AMcCrory Strs pf (6). i Mclntyre Porc M(1). cKeesport T P (4). Melcesson & Rob(1) McLelian Stores. ... MackTrucks (2).. Macy (1tH)& Co(nd) . Magma Copper (1).. Mauati Sugar. Manaul Sugar pt Manbatiiev mod gtd Maracaibo Uil L. Marine Midid (1. armon Motor Car. . Marshall kleld (%) 4 Mathieson Alkill () May Dept Strs (%) Maytag C Maytag Co pt (8). Maytag Co 18t pE (6) Melville Shoe (2). Mengel Co. ... Mengel Co pf.(7). Miaml Copper. ., . Mig Continent Petm. Midland Steel (3)... Midland Steel pf (8). Minne & Hon Keg (3) 1% Minne & St Louis... 65 MO Kan & Lexas.... 41 Mo Kan & Yex pf (1) 104 Missouri Pacinc. . 2y sour PL(5). 16% Mionsauto Chem (1% 111 Moutgomery Ward.. 2 Morrell (J) & Co (3). 18% Motor Products (2) 24 % Mother Lode. . 8% Mullins Mfg.....ooen 303 Mullins M{g pf (7). 64 Murray Corp 24 Myer (FE 8% Nat Acme Co. 4 Nat Air Tran: 8% Nat Bella Hess. 379 Nat Biscuit (2.80) Nat Biscuit pt (7) Nat Cash Reg A 1% at Lary (2.69). 4 Nat List 'rod (2) 4 Nat Enam & Stamp. Nat Lead (b). 186 Nat Lead pt A (7) 116% Nat Lead pf B (6) 15 Nat Pwr&Letdl).. at Steel (2). Nat Supply pf Nat Surety (2). Nat Tea (1). Neisner Brothel Nev Copper (80¢) ewpori Co (1). 57% N X Central (4). 15 N X Chicago & StL 18 N Y Chi& StLpt. 20 N Y Dock pt (5) 130 N Y & Harlem (5) 2% N Y Inyestors, 36ls NY N H & Hart (4 90 NYNH&Hpf () 105 N Y Lack & Wn (5).. 5% N Y Ont & Western. 3 N Y Railways pt 3% N ¥ Shipbuilding. 997% N Y Steam pf (6). 108% N Y Steam 1st pf(7). 12% Noranda Mine: . 123 Norf & Westn (112). 80% Norf & Westn pf (4) 4% North Am Aviation. or Amer(b10 %stk) orthern Pacific 3). orwalk Tire & Rub 614 Ohlo Oil. 2 Omnibus Corp 60 Omnibus pf (A) (8) 18% Orpheum Circuit pf, 24 Ous Blevator (2%).. P! 42 Outlet Co (4). 24 Owens 111 Gla 33% Pacific Gas & Bl (2). 41% Pacific Lighting (3). Pacific Tel&Teleg (7 Pacific T & T pf (6). ackard Motor (40c) Pan-Am Pet B (80c). Paramt-P(m1.62%p) Park Utah i Parmelee Transport. Pathe Exchange. ... Pathe Exchange (A). Patino Mines. % Peerless Motor Car.. Penick & Ford (1) Penney (J C) (2.40). Penney(JC) pf A (6) 4 Penn Dixie Cement. Penn Railroad (3). Peop Drug Strs (1) 4 Peoples D'S pt (6%) Peoplgs Gas(Chi) (8) Pere Marquette pf. Petm Corp of Am(1) Phelps Dodge Co. ... Philag&Reading C & 1 Philip Morris&Co(1) Phillips Petroleum. Plerce-Arrow. ...... Plerce-Arrow pf (6). Pierce Oil. 4 Plerce Oil pt Pillsbury Flour (2) Pirelli (A) (m3.13) Pitts Coal. Pitts Coal pt. 4 Pitts Steel pf. Pitts United Corp PoOr & Co (B)u..evs Port Ric Am Tob(A). Postal Tel&Cable pf. Prairie Oll & Gas. ... Prairie Pipe Line(3) Pressed Steel Car pf. Proct & Gamb 2.40) Proc &Gamb pi (5).. Public Sve NJ (3.40). Public Sve NJ pt (5) Public Sve NJ pt (6) Public Sve N J p£(7) Public Sve N J pt(8). PubSve GEE pf (5). Pullman Corp (4) 5 Pure OIl. . Pure Oil pf (8). 124 5 24 12% Iadio-Keith-Orph A Mun 1.60. Reo Motor Car(40c). Republic Steel. ... Republic Steel pf Revere Copper pf(7). Reynolds Metls(1%) Reynolds Tob B (3). Richfleld O11. 4 Rio Grande Ofl. Rijtter Dent Mfg Rossia Insur (2.20). val Dtch(m2.2789) 15% nd RR " 38% Safeway 98 Safeway Strs pf (7). 470s 44 97 2 10 8 10s 16 1 4 90s 208 6 6 50s 135 143 33 o B 3 [ORSE- TRt ‘61 High. et | 80% Add 00. High. Low. Close. CI 1 22 2 22 18 110 24% —2% 38% —1% | 43% —1% | 114% —24 | | 41% | 110 31 “en 26 23% —1% 2T% ~ % 12 76 29 8 - ~1931~ Stock and Low. Dividend Rate: 11 StJoseph Lead (1).. 8 StL-San Francisco. . 131 StL-San Fran pf(6).. 7 Savage Arms (1).... 4 _Schulte Retall Stores 40 "Scott Paper ($1.40).. 4 Seaboard Alr Lin 7% Seaboard Oil. 314 Seagrave (40¢ 38% Sears Roebuck 2 Secand Natl Inv 14 Seneca Copper. 4'4 Servel Inc. .. 4 Sharon Steel Hoop 51 Sharp & Dohme. 12% Shattuck(FG)(t13% 4 Shell Union Ofl...... 235 Shell Union OIl pf... 1% Shubert Theaters. *10% Simmons Co. .. Simms Petroleum. Sinelair Consol Oll. Sinclair Oil pf (8)... Skelly Oil. . Sloss-Sheft Steel p: Socony-Vacuum 1.60. South Port Rico Sug. Southn Cal Ed (2)... 4 Southn Pacific (6)... Southern Rwy (m6). Southern Ry pf (5).. Spalding (AG) (1).. ald (AG)1st pf(7). ang: alf pf (6).. Sparks Withing (1). Spencer Kellog(80c). “spicer Mfg pf (3). Spiegel-May-Stern % Stand Brands (1.20). Stand Comel Tobacce Stand Gas&El (3%). Stand Gas&El pf (1) Stand Invest Corp. Stand Ofl Cal (h2%). Stand Oil Exp pf (5). Stand Ol of Kangsas. Stand Ofl NJ (12) Starrett(LS) (12%). 4 Steriing Secur (A) Sterling Secur pf. ... Sterling Sec cv pf(3) % Stewart Warner. ... 4 Stone&Webster (m2). Studebaker Co(1.20). % 105 Studebaker pf (7)... 80 SunO1l (M). 93 . Sun O1l pf (6). % Superior Oil.... 11% Sweets of Amer ( Bales— Add 00. High. Low. 7 12 11 11 15% 8 4 44% 15 84 16 Telautograph (1.40).! 2% Tennessee Corpa. ... 17% Texas Corp (2) s Tex Gulf Sulphur(3) 21 Tex Pacifie Coal&O1l. 6 Tex Pacific Land Tr. 5 Thatcher Mfg Co.... 12 The Fair (2.40)..... 5% Third Avenue. s 13 . Third Nat Inv(m55c) 15% Thompson (J R) (1). 2 Thompson Starrett. . 4 Tide-Watet Asso Oil. 4 Timken-Detroft Axle 2414 Timken Roller B(2). 1% Tobacco Products. ... 7% Thompson Prod 1.20. 4 Transamerica Corp.. 5% Transue & Willlams. 4% Tri-Contl Corp. ..... 63 Tri-Contl Corp pf(6) 261% Trico Produtts(2%). oA TwinCity Rap Tran, Ulen & Co. . Under Ell Fisher (4). Union Bag & Paper.. Unifon Carb & (2.60) . Union Oil of Cal (2). Union Pacific (10) Union Paclfic pt (4) . Un Tank Car (1.60).. Unit Areraft....... Unit Alrcraft pf (3). Unit Am Bosch. Unit Biscuit (2) Unit Carbon. . Unit Cigar Sto. Unit Corp (T5c). Unit Corp pf (3) Unit Electric Coal Unit Fruit (4)...... Unit Gas&Im(1.20).. Unit Gas&Im pf(5). Unit Plece D W (2).. U S Distributing. ... U 8 & Forn Secur U S.& For Sec pt(6). U S Gypsum (1.60).. U S Gypsum pL(7)... U 8 Hoftman. ... U S Indus Alcohol U S Leather........ U S Leather (A) U S Leath prpf (7).. 11 US Pipe & Fdry (2). 15 US Pipe&Fy 18t 1.20 11 US Realty & Imp(1) 7% UgS Hubber......... 13 U'S Rubber 1st of... 12% U S Sntg & Ref (1). 85 U SSmtg&Ref pf3l 72% U S Steel Corpn (4). 125% U S Steel pf (7)..... 60 U S Tobacco (4.40).. 21 United Stores (A)... 22 United Stores pf (4). 20 Univ Leaf Tob (3).. 97% Univ Leat Tob pf(8). 10 Util P&L(A) et2.15. 17 Vanadium Corp..... 1 Va-CaroChem...... 50 “Va-Caro Chem Df (1) 98% Va Elec&Fwr pf (6). 32% Vulcan Detin (4).... 88 Vulcan Detin pf (7). 6 Wabash RR. . 20% Waldorf Sys (1%).. 3 Walworth Co....... 61 Ward Baking (A)... 213 Ward Baking (B). .. 24 Ward Baking pf (7). 43% Warn Bros Pictures. 10% Warner Bros pf 3.85. 1% Warner Quinian ‘Warren Bros. . Warren Bros cv pf 3. Webster Eisenlohr. , Wesson O11&Sno(2) . Wesson 0&Sno pf (4) West Pa Elec A (7).. West Pa EI pf (6)... West Pa El pf (7)... West Pa Pwr pf (6). West Pa Pwr pf (7). Western Dairy (A).. Western Dairy (B).. 4 Westera'Maryland. . & Western Md 2d pf... Western Pacific. ... Western Pacific pt. Western Union (8).. Westinghse A B(2) Westinghouse (2%). Wsthse EM 1st m3% Weston Elec Instru. Westvaco Chior (2). Wheeling & Lake E. 4 White Motors. . White Rock (14%4) .. 4 Wilcox Ol & Gas. illys-Overland . Wilson & Co (A). Wilson & Co pf. Woolworth (2.40) 4 Worthington Pump. 214 201 Twin City R Tr pf(7) oN R o, N @ o FraaludrelaRm - - = _ a S m B 2 enE o 3 SxSertrannraniEinhe PoaE R e NG STAR, WASHINGTON, Close. 11 4% 11 % 2% 125%-1 60 2% 22 20 9715 1% 17 1 50 99% 32% 88 Wrigley (Wm) (4).. ale & Towne (2)... ellow Truck. . ellow Truck & C pf. 14 Young Spr&Wire(2). 24% Ygstwn Sheet&Tube. "8 Zonite Prod Corp (1) 14% 25 52 8% s D. C. TUESDAY. SEPTEMBER 29, 193I. IBONDS ARE LOWER | Net. Cee. —1% - 9% -2 —2% -0 -% = -2 14 " % % % —8% - —2% iy i 8§ ~1% - % -3 - % % + | short-term basis, with its yield -ittie 1 W % bl 1% -% " % -1 =3 % ™" ) the collapse of the pound sterling. —2% - - % -2 % - % 1 - % -2 - % —1% ~- % i B —1% o N =% % % 4 —3% 17% 25 14% 24% 8 Sales of Stocks on New York Exchange. 500,000 12:00 Noon. 1.900,000 rates as given 1n 2:10 P.M. bove table —~ % 1% -4 —5% —5% . % 4 | Capital '(14) Divid the the | cash payments based on the latest GUAFterly or half-ysarly decis: 10% —24 | tions. 18% —1 |, 15% ~ % 4% stock. fair, 11a12; cow, 8%;a9; lamb, top, top, 17; 8 to 10 medium, 16al7; veal, 115a16: pork loins, in stock. TPlus 9% | bpayable in stock. e { o Plus 2% % _in ‘stoc XEx-dividend. sLess than 100 in st § Plus 80c 1m in stock. 1 800 pounds, bananas, | v:aeu‘: , | 1.25: sweets, 50a7 0082.5 shares. special preferred 0 regular rate. i 100 shares, tPartly ext in stock. & Pa sear—, ‘Paysie in cAsh or stock. . { Plus § 1Plus | § T A 1x i 1.75a2.50; persimmons, 1.00. les—Potatoes, 100-pound sacks, 5; string beans, 1.00; & | counter market, where most such bonds INDRAGEY MARKET U. S. Issues Notably Affected, Although Offerings Are Not Large. BY F. H. RICHARDSON. | Special Dispatch to The Star. | NEW YORK, September 29.—United States Government long - term bonds, | notably the Liberty issues which are callable in 1932 and 1933, were sharply | lower -today. ~Their decline was the feature of a market that was weak in every department save for a few high- | grade corporation issues. ‘The price recessions in United States Government issues were significant nof | so much because of the size of the of-| them. The large commercial banks were holding their reserves in cash against contingencies in the current situation at home and abroad. There was also the factor of a probable in- crease in the New York Federal Re- serve Bank’s rediscount rate this week. The fact. that a bank-rate advance may mark the end of the current easy- money market would be taken to mean that the Treasury might .not be able advantageously to call the fourth Lib- erty loan next year, and this accounted for the slumping of its vrice over a point to a new low for the year and more than 3 points under_ the hign reached in May. This was not unrea- sonable, since has been selling on a above 2 per cent. If the loan is not called in 1933 its price will automatical- ly adjust itself ‘to that of other Gov- ernment bonds not maturing for 7 to 10 years. All of the Treasury 3%s, 3%s and the new 3s sold below par, and all made new lows at the same time. Losses in Government bonds ranged from 6-32 to 18-32. Blocks of 50 and 100 bonds were sold, but nowhere, not even on the are traded, were any unusually large of- ferings recorded. . Foreign dollar bonds were mostly lower, though there was a sharp rally in Sweden 5l,s, which broke over 15 points Monday. They advanced 9 points at one time today and Nor- 1ssues were also slightly firmer. But this was merely a technical read- justment following the over-swift de. cline. Danish, Pinnish and Polish de- scriptions were lower. Swiss 5145 came under the heaviest pressure since the start of the bear market and dropped to a gcmlnt of about 2 points. Ger- man bonds lost an early advance. Great Britain 5%2s were higher at the start but later turned heavy. Italy 7s fell another Lpolnu et;z :h (rulh low. Rot- Sagg arply, reflecting in other Dutch issue: nn? the report that Holland will shortly be forced to abandon the gold standard. The real reason for the unsettlement in foreign bonds was the virtual c: tainty of,an early general election ir. land. This, it was thought, would definitély set back for months the even- tual clarification of the puzzle left by U. 8. TREASURY BALANCE. ‘The United States Treasury balance announced today as of close of business September 26 was $618,240,819.75. Cus- toms receipts for the month to date were $31,870,028.84. Total ordinary ex- penditures were $6,879,847.86. Washington s.tock Exchange SALES. Washington Gas 6s '—$2,000 at 103. Washington Rwy. & Elec. 45—$5,000 at 92. Capital Traction Co.—10 at 29, 10 at 29. Potomsic Electric 6% pfd.—5 at 112, 10 at 112, 5 at 112, ral-American National Bank & Co. t 4 leral-American Co. com. 25 at 20, 50 at 20. Lanston Monotype—10 at 71%.'}.‘0““ ';11;,‘; ler Linotype—10 at 72, 10 at 72, 10 at 717% floul:l Mtge. & Investment pfd.—40 /s Real Estate Mtge. & Guar. pfd.—20 at 6%2. 4 AFTER CALL. Se;:gr:t‘y‘scvmp & Commercial Bank— Capital Tri sction 55—$1,000 at 76, Rwy. & Elec. pfd.—98Y;. Anacostia & Potomac 55—$6,000 at 69. | Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Tel. 4%s '39. . ctl. tr. 5 Pot. R. 4%, 10 at at 72%, 10 | Gas 65, series Wash. Gas s, series B Wash. Rwy. & Elec. 4s MISCELLA] Barber & Ross, Inc. Chevy Chase Club Sis Columbis Country Club D. C. r Mfg. 6s.. W. M. Cold Storage 5s. STOCKS. PUBLIC UTILITY. American Tel. & Tel. (9 pital Traction (4). lec. Powi ot pid: . Rwy. & Elec. com. . Rwy. &-EL pfd. (5) NATIONAL BANK. olumbia (13j..0"" mercial “(stamped) " (i0) it (8).. 2y Amer. Ni ) Sec. Bav. & Com. Bk. (i7)! Seventh 'Street (12) United States Washington Mech FIR] American (12) 10) @) Unio TITLE INSURANCE. * Barber & Col. Medi i, Sand & Gri per Mi USdus 2 |Chi Un Sta 43863, 21Chi Un Sta 635 "63. e N NEW YORK Rzccived by Priva s 4 . # ]\UNIT-ID STATES. (Sales are in $1.000.) i Sales. High, Lib 3%s 32-47. 733 101 18 List4%s32-47 35 102 101 24 L 4th 43(s 33.381238108 8 10131 U.S. 35 1951-55 1246 97 81 US3%s'9....113 99 US3%s40-43. 260 100 US3%s41-43. 163 99 30 US3%s43-47, 101 100 2 US3%s46-56.. 87 103 2 US4s4 90 104 22 10 109 | Abitibl P&P 5853, £ & StRlh 43, Alleghany Cp 5s 44 Alleghény 5850, Am Chain 6s'33 Am F P Gs 2030 AmIGChbE% Am Intl 518’49, Am N Gas 6%s 42, Am S&R 1st s '47. | Am Sug Ref 6537, Am T&Tev 4%s'39 AmT& T 5565 1 AmT&T c tr'ss Am T&T 5ssf'60 Am T&T 5%s'43. 1 Am W Wks 5s'34.. Am Wat Wks 6s " Am Wr Pap 65°47.. Argentine May '61. Argentine 63 Ju'59. Argentine 6s O¢'59. Argentine 6s A '57. Argentine 6s B '58 43. .. Atchison gn 45 '95., Atchiscv4%s’48.. Atch Ariz 43;8°62.. AtIC L 1st 4s'52... AtICLcl4s'52 At Gulf 5859 At Refdb5s°37... 1 Australla 4%s'56., Australia 58’ 1 Australia 65 ‘57 Austria 7s 43 Austria 7s 57 ¢! B&OGS'95.uearnn. B &0 Swdv 65’50, Bk Chile 6% '6: Batav Pet 4345 '42. Belgium 63 Beigium 614549, Belgium 7865 Belgium 75 56, Bell Tel Pa 55 B'48 B Ind Loan C 6346 Berlin Cy El 68 '55. Bolivia 73 '58 Bolivia 78 '69 Holivia 85 '4 Bordeaux 6s'34.... Bost & Me 4% 61, Bos & Me 58°55. ... Bos &Me 55 °67.. Brazil 6%s '26. Brazil 6%s'27. Brazil 7 Brazil 8s'41. Bremen 7s '35, Bk Ed gn A 5549 Bklyn Elev 6%s. .. Bklyn Man 6s '68. . 1 Bklyn Un 1st 55'( Buenos A 65'61 P Budapest 65 '62 Buff Gen El 418’31 Bush Ter con 58’55 2 Bueh T Bldg 55'60.. 5 Calif Packing 5s 40 Canada 45 ‘60 .6 Canada 4%s '36. Canada 55 ‘52 Can Nat 4%s 54. Can Nat Ry 4%5' Can Nat 4%s ‘67 Can Nor 415 '3 Can™Nor 6%s db " Can Nor 7s db 40 CanPac db 4. Can Pacific 4%5 '46 - Can Pac 4%s°60... 8 Can Pac 55 "44..... 54 . ® » Sl IR s TS T R R A T TR Cht'& Alt 3s. . CB&Qgen 4s°58. C B&Q 1st rf 53°71. CB&Q Il dv 4s'49. Chi & Est 111 6s'51. . Chi Grt West 4s'59. Chi Ind&L gn 58’66 e e Chi M & St P 4s '89. Chi M & StP 4%s C, oa Chi & NW gn 4s '87. Chi&NW 418 2037, C&NW 4%s C 2037. Chi& NW cn 4%s.. Chi & NW 63%s ‘36.. Chi Rwys 5527, ... Chi RI&P gn 4s '88. 'hi R1& P rf 4834 Chi R1cv4%s"60. ChiRI1& P 4%%s'52 C TH&SE in 58 °60. 9o Chi Un Sta 58 B '63. C & W Ind cn 48'52 C&W Ind5%s hije 65 '60. o Chile 75 *42. Chile Cop db CCC&St L 4%s E'T1 ov Term 4145 '77. Clev Term 5573, .. Clev Term 5%s *§2. Cologne 6%s 50 Colomb 6s Jan '61. Colomb 6861 Oct. Colon Ofl 65°38..., Colo & Sou 43535, Colo & Sou 434580, Col G&E 55 May'52. Col G&E cou 65861, Com Inves 5%s*49. C C Md 1st rf 55'50. Con G NY 4%5°5 Con GN Y 5%s°4 Con Pwr Jap 6% Con Pow Japan Copenhag 58 '52. a RR 68 ctf 1 RR rf T35 '36 Cuba Nor 5%8'42.. Czecho 88 '51. Crecho 85 '52 Del Pwr&L 4%8 71, Del & Hud rf 48’34, Del & Hud 5%8'37. Denmark 4%5'62.. 2 D&R DRG& W 5s'T8 Det E G&R4%s'61. Det Edison rf 55’49, Deutsche Bk 6s'32, Dodge Brcl 63" Donner St 75" Duquesne 4 Duteh East Dutch Dutch East I 6547, Dutch East 1 65’62« Bast G Sug 7'8 37 Erie 15t con 4596, 97 6 98 17 99 10 99 10 99 16 102 22 104 10 108 27 BONDS moce recwuvee] | WPROVED WHEAT Wire Low. | 2:85. 10111 101 13 02 102 25 9718 98 28 99 30 99 28 99 16 103 2 104 22 108 28 70 N Y Fd 1st 6% '41. 9% | Ny Frar ., 4 | Kan G&E 4%s'80., German 7s rep '49 German Ban] Goodrich cv Good 1st 6% s 4 Goodyr Rub 58'67 GrandTr sf db 6536 43 Grand Trunk 78'40. 10 GrtNor4%s'77E. 5 Grt Nor gn 6%s ‘62 26 Grt Nor gn 7s '3 Greek 6s Halt! 6552, Hav El Ry 5% - Bl 37.. 32 Hungary T%s 44 I11 Bell Tell 65°56 111 Cent 43 '53 Il Cent 4% 111 Cent 648 '36 111 CCStL&N 4%s. . 111 Steel 414, Inland St 4%s Int Rap Tr bs Int Rap Tr sta '66. Int Rap Tr 68’32, .. Int Rap Tr 78 32, Int Cement 58'48.. 10 Int & Gr Nor 5s '56, Int & G N ad 6s *5: Int Hydro El 68 19 Int M Co 6s ret’41.. 35 Int Match bs '47 Int MM col tr . 87 Italy Pub 8 7s'52.. Japanese 53s '65. 530 Japanese 6 Jugosl Bok n City Sou 35'50. Kan City Sou 55'50. Kan City Ter 45'60. Kend 5%3 48 ww Kresge Found 6s'36 Kreug & Toll @ 4. Leh Val ov 4s 2003. Leh V cn 4%8 2003, Lig & Myers 5s 51, Lig & Myers 78°44.. Loew's 65 ox w "41.. Lorillard 5%s ‘37 La & Ark 5560 Lou G & El 58 '52 L&N 1st 53%s 200 Lyons 6534 McKes & R 5% 550, Manh Ry 1st 45'90.. Market St 7s '40. -3~ PRI PPPQRTION- SRPRIVE > I Moo = Marseille 65 °34. ... Mex 4s astd 1910°45 Mexico 58 A *45 ErsrsaSonnnmn soam - Mo Pac 58 F '77.... Mo Pac5sG'78.... Mo Pac bs H '80 Mo Pac rf 5581 Mo Pac 5%3 A ‘49 Mont Pow 5s'43. Montevideo 7s ‘52 Mor&Co 1st 4%, Nat Dalry 5% 4 Nat Rad 63547 Nat Steel 58’56 Netherlands 6s'72.. N Eng T 1st 58 °52.. Nw S W 58°67.. - M 2 S BlabBanias T U =f0) o PRPSP e -9 N Y Cent db 6s'35.. NYCLS cl 3%s'98. NYC& St L - S e '32. . N Y Edisn 6s B'44.. NY ELH&P 5: NY S&W gn 55 "43. NY S&W 1st 58'37. NY Tel 4%s'39 ¥ 41 BrmanneSnud mBonen ot oy Nor Pacr 1 68 2047. Nor St Pw 58 A 4 Nor St Pw 6s B "4 RuanbdonwaRda on Oreg-Wash 4s "61 Orient dev 5% Orient dev 63 °53. Pac G&E b8 "42. Pac T&T 1st 5537, Pac T&T rf 68 '62.. Pan-Am Pet 65 '34.. Pan Am Pet 65 '40.. Paramount 6s *47 Paris-Ly M 6558 Paris-Ly M 7558 Paris-Or 5%s Pathe Exch 7s Penn 4%s D81 Penncv 43%s°60. Penn gn 4%s Penn 4387040000 Penn 4%863. Penn 656 Penn gen 5 B B8R » oRnpmnan 8 Penn P&L 4%s'81.121 Peoples’ Gas 55 "47. 10 Pere Mar 4%s '80 2 Pere M 1st 5856, Pillsb F M 65 '43. PCT&StL 4%8'77.. P C C&StL 65 A'70. PCC&St L 6s B'76. Poland 6s'40. Reaa gn 4%8 A ‘97 Reading 4%s B9 Rem Arms 6s A ‘3T, Rem R 6%8 A 47 Rhinelbe 75 '4 F FINANC - |3 ) bl i L 92% | Tex & Ark 5%s'50.. IAL. MARKET EXPECTED Pit Traders Believe Quofa- tions Will Hold Steady at Present Levels, BY I WELLER, A better feeling has been seen in the grain markets in conjunction with re- that Canada follow England temporary of the standard. The Dominion government has said that it will not, but the trade holds to the opinion that money may become cheaper, which means that com- modity prices will rise, Because wheat is below pro- duction costs, some e the universal B world. It looks as if the big rush of sel is over in Canada ané that with a little it wheat may do better. While some expect increasing Hedges a continued slow ex- StLSWBs'52..... AP 4s"43 Sao Pau 7s'40 ret. Sao Paulo 8s 50, Sug Es Or 7s'42. Tatwan EP 5%#'71 18 ‘Tenn El P 6s A "47. 21 Ter As St L 48’53 Texas Corp 58 "44.. Tex&P 1st 5s 2000.. Tex & Pac 58 B'77. Tex & P 58 C 7! 87 87 101% 101% 4% T4% 4% T4n ‘Toho El Pw 7s'85.. Tokio 5%s Toklo El Lt Tol St L&W 4s°50. Un Pac 18t 1.- %7 won Iy - - Sunsd nAEnAaeHAHanS = Un P 1st rf 55 2001 Brartifea Pw 53’59 ww. Util Pow 5%8 '47. Vanadium St 8’41 Vert Sug 1st 7 Vienna 6# 52 - Washington Prodace Butter—One-pound prints, 36; tub, 35 Eggs—Hennery, 30a32; current re 21a22; 10 to 12 pounds, 18a19; 14 to 16 | limas, eggplant, 1.00; tur- | Dl pounds, 15a10; fresh hams, 10; smoked | nips, 75; carrots, crates, 3.25; cut-off, ms, 21 strip bacon, 2223; lard, in | per bushel, 1.25; beets, per dozen ullj. D',:i‘l}gli hhpncklg::. 10%%all, i Sty i ve stock—-Hogs, -light, 5.25a5.5 » ceipts, 20a24. ,m?dll;rgi‘ '-’ls’ons. heavy, E.OUI’SAE 2 ACOIALdPBODUCTION. Poultry, alive—Spring . broflers, 3 ! Digs, 5.0085.50; roughs, 3.0024.00; calves, | By the Agcoclated Press. pounds “and. over, "36a38; 3 o 214 5810; lambs, 5.007.50. proddetion of bituminous coal during | Peo s pounds, 23a27; 1% to 2 pounds, 23a24: | Fruits—Watermel ! the week ended September 19 showed | Security Storage (de) Leghorps, 32a24; 23a24; loupes, 5a3.0 an increase over the previous week when | Ter. Ret & Wh. Corp 22; ex 15. 1 1.00a1.25; Winter working time was curtailed by the Labor | H¢,GRIe} Co/P |—Spring brollers, 3 pounds nearby, 5081.00; day holiday, but the total did not reach ' Wash. Med, E‘}.d: C: the pre-holiday level of September 5.lW°°fl'"“ ] sales have reduced the remaining sur- plus substantially and the indications are that there will be very little of the 1930-31 crop carried into the coming season. On the other hand export busi- ness in flour has been dull and, it is ;Id, that millers have heavy stocks of ur. ‘WHEAT SUPPLY DECLINES. YORK, September 29 (#).—The ‘Walworth 68 A '45. Warn Br Pic 6539 : Warn Quin 68 °3 ] 1‘1'1' e Natl Bege & Inv ol (& 1 Fram 1D 7%s"42. Peoples Drug Stores ptd. (613). 9312 99 | French 7a'49.. e i1a, (4 + | French 738 '41. Gelsenk'hen 65'34. . Gen Baking 533’40 3 Gen Cable 5% '47. Gen Motors 65 37. 230 15220; canta- pples, Delictous, bananas, 1.25a2.00; peaches, 1.00a1.50; Poreres BENAERANNARNARRONG ABARN APEa - RIAr& L 4%s'34. Rome 6%s '62. 3 Roy D 4845 ww. St L&SF in 48 A '50 StL&SF4%s'78. StL&SF p 158 B '50 StP&KC SL 4 41 St P Un Dep . 87 . 0 1%"‘ extra. extra. NEW x wisible supply of American grain shows | and over, 32a23; 2 to 2'; pounds, 29a | pears, 1.75a2.00; honeydews, 1.25a1.7! Fgtiion com, ( the tollowing ¢ f® Dushels: | 30: 1% fo 2 pounds, 27a26; Leghorns, Persian melons, 1.75a2.80; ofanges, 375 | Total output, for comparable periods, 85 | Yoo aniacrd. " ° sae. Wheat decreased 2,506,000, corn de-:27a28; hens, large, 25; small, 21; a5.50; lemons, 9.00a9.50; grapefruit, | calculated by the Mines Bureau, follows: | hBooks closed. 21, creased 983,000; oats ed 000; roosters, 15; Long Island ducks, 21a22. | 5.00a5.50; grapes, Tokays, 2.00; Thomp- | Week ended September 19 z%u,mtom -fl;r‘t‘- F"fl ;ml‘ a 3’000. oo i 920, fi.,;,." QAT Ygstn S&T 55 B'70. 12 8,920,000 tons ¢! Meats—Beef, prime, ‘16a17; choice | son seedless, 2.25; berries, 2.§ Previous week...... 15a16; good, 14al5; medium, 12%4al3; |2.50; damsons, .00 ;’u‘n‘:‘m 1.7582. Same week last ye