Evening Star Newspaper, October 4, 1931, Page 69

FIN ANCIAL. CURB SHARES SLIP TOLOWERLEVELS Renewed Selling of Utilities | Follows Uncertain Trend at Opening. BY JOHN L. COOLEY, Associated Press Financial Writer, NEW YORK, October 3.—The curb market was unable to hold the upward trend today and slumped back into ll‘n(“ decline when selling was resumed in its most active group, ihe utilities. For the first hour the market was little worse than easy, but heaviness in- | ereased in the latter trading and clos- ing prices were around the lows. Elec- tric Bond & Share lost Friday's gain, finighing at 167,. United Light “A made a new low on a break of more than a point. Commonwealth Edison dropped nearly 5, duplicating the old minimum. Oils turned heayy. Gulf was off 11} | and Standard of Indiana half a point. Cities Scrvice, closing at 6, was ‘4 lower, aithough the stock had ruled under that figurc | In the specialtics, Aluminum of | America lost 5 _and Glen Alden and | singer 3 each. Newmont Mining rallied a point and Ford Ltd. firmed suffi- clently in the final dealings to close | unchanged. Woolworth Ltd. sagged. HOME-BUILDING PARLEY WILL BE HELD IN D. C.| By the Associated Press. The President’s Conference on Home Building end Home Ownership will be held iy Washington fr'm December 2 to 5 After more than a year's preparation # is reported that 1,400 persons, inclu ing 1,000 citjzens' associated with build- ing and housing activities from all the Btates, are expected to participate. The conference is the first of its kind on a large seale in this country. It will deal with the whale questicn of home | construction, ownership and environ- ment. Among the stubjects covered are problems of Hnancing With special ref- erence to second mortgages and fore- closures, problems invclved in blighted areas and city slums, and questions dealing with city phnning and zoniny subdivision layout, landscaping, con- struction and design. fundamental equipment, standards for kitchens and laundries, household management, etc. CRUDE OIL PRODUCTION | DECLINE IS PREDICTED By the Associated Press. | NEW YORK. October 3.—Due prin- cipally to effective steps taken by the United States and Venezuela towards nermelization of production, Valentin R. Garflas, foreign oil department man- ager of Henry L. Doherty & Co.. esti- mated today that the world prob2bly will produce about 39.000,000 less bar- rels of petroleum in 1931 than it did last year. More than 75 per cent of the decrease | in producticn in the United States is | t by the increase in production in | Russia, Rumania and Persia which Gar- fias says emphasizes the futility of try- ing to remedy world-wide conditions in any commodity by controlling but few of the sources cf supply. . - | POTATO MARKET. CHICAGO, October 3 (#) (United | States Department of Agricuiture Potatoes, receipts, 122 cars; on track, 265: total U. S. trading only fal weight: Wisconsin Cobblers, 70a85; | Minnesqta, North Dakota Cobblers, 70a | 80; Red River Ohio's, 80a90; Idaho Rus- | sets. No. 1, 1.45a155; few higher; Tri- | umphs, 1.05; Nebraska Triumphs, 1.05a | 1.10. Chairman FIDUCIARIES SECTION HAS NEW OFFICERS. KENNETH F. BROOKS, Assistant trust officer of the Riggs Na. tional Bank, who has just been elected head of one of the important divisions of the District Bankers' Association. He becn active in the work of the trust division since its organization. —Harris-Ewing Photo. GRAIN PRICES DROP T0 NEW LOW MARKS Buying Support Disappears in Heavy Selling Movement as Exports Decrease. BY JOHN P. BOUGHAN, Associated Press Market Editor. CHICAGO, October 3.—Forced down- ward by pronounced weakness of se- curities, ail grains tumbled today to new low-price s for the season. May wheat established a new bottom record unequaled by that delivery since organized trading was initiated here. Stop-loss selling developed in all grain pits, and buying support, which of late had been much in evidence, disappeared as the markets plunged down, with North American wheat export business apparently at a standstill. Wheat closed nervous, 1%al1% cents lower; corn, lal® down; oats, 12a% off, and provisions varying from 7 cents decline to 5c gain. Reports of generally excellent wheat crop prospects in the Southern Hemi- sphere were accompanied by a contin- ued decline of Argentine exchange. Another boarish factor was talk that with practically every wheat export country underslling the United States an advance was unlikely despite present low prics. The main depressing influ- ence, however, was liquidating sales consequent upon instability of the stock market. Corn price breaks went hand-in- hand with downturns in securities and with persistent big receipts of corn here, 245 cars. ‘This total contrasted with 108 cars a week ago and 121 at this time last year. Primary arrivals of corn w-re 696,000 bushels, compared with 522,000 on the corresponding day last weck and 439,500 & year ago. Oats gave way with corn and wheat, Provisions were bid up by cash in- terests, notwithstanding downturns in hog_va'ues. WHEAT December Close. 457 _CORN December March . May’ OATE May. Oscar Rigg, aged 48, described as a New York banker, was married to his secretary, Miss Marion K. Wilson, aged 20, over the ancient anvil at Gretna Green, Scotland, recently. STOCK AND BOND AVERAGES By the Assoclated Press. SATURDAY, OCTOBER 3. STOCKS. 50 Industrials, Previous day. Week ago. Month ago. Year ago Two years ago. Three years ago High, 1931, Low, 1931. Month ago. Year ago... (Copyright. 1931, St HOW IS B 109.8 97.3 106.0 100.8 andard Statisties Co.) USINESS? Showing Current Business Activity Compared With Same Week Last Year. Stock_and dividend. Acetol Prod A * Acme Steel (2). Acme Wire...... B Adams Millis 1st pf (7). Aero Supply Mfg(A).... Aero Supply Mfg B).... Aero Underwriter: Affiliated Prod (1.60). Agfa Ansco pf. Afr Inv Inec. vte. Air Invconvpf . Alr Investors war . Alabama Power pf ‘3).. ATl Amer Gen Corp. .... Allegheny Gas Corp. ... Allied Int Invev pf(2).. Allied Mills Inc. Aluminum Co of Alum Co Am pf (6). Alum G'ds M (1.20) Aluminum Co Ltd. Aluminum, Ltd (B) war. Aluminum, Ltd (¢ ) war. Aluminum.Ltd (D) war. Am Arch Co (2). Amer Austin Car... Am Brit & Cont. Am Capital (B). Am Capital pr pf (6%).. Am Cigar Co . Am City P&Lt (A) (a3). Am Cit Po& Lt B(b10%) . Am Cmwith P A(b10%). Am Com Pr B (b10%) ... Am Com Pr1st pf (6%2). Am Corpn (f30c) . Am Corp warrants Am Cyanamid (B) Am Dept Stores. Am Dept Stores pf (A) .. Am Dis Tel, NJ cv pf(7) Am Founders. Am Gas & Elec (11).. Am Gas & El pf (6). Am Hardware (4). Am Investment Inc (B). Am Inv. Inc, war....... Am Launary Mach (2).. Am Mfg Co pf Am Msracaibo. Am Meter (3). Am Natural Gas. . Am Public Sve pf (7). Am Salamandra (2)..... Am Stat Pub Sve(al1.60) Am Superpower (p40c). Am Superpwr 1st pf(6). 4 Am Superpo pf (6). Am Thread pf (25¢) Am Util&Gen (B)vte. Am Yvette To (25c).... Amsterdam Trading 74c. Anchor Post Fence. Anglo-Chilean Nit Appalachian Gas Appalachian Gas wr Arcturus Radio Tub, Ark Nat Ga Ark Nat Ga Ark N G em pf (80c).... Arkansas Pwr&Lt pf(7) Armstrong Cork (1).... Ass0 G&EL A (b . Asso Gas & Elec ctfs(8). Asso Gas&Elall ct 1.60. Assoc G & El war....... Asso Gas&FE pur rts, Asso Laundries vte. Asso Rayon.... Agso Tel Utll (b8%) Atlantic Coast Fisheries Atlantic Fruit & Sug.... Atlantie Lobos. Atlas Plywood. ... Atlag Utilities Corp. ... Atlas Utilities(war) Auto Vot Machine. ..... Auto V M cv pr pt(50c) .. Axton Fish Tob A(3.20). Babeock & Wil (7) Baumann (L) pf (1) Reneficial 1L (1%). Bickford's, Inc (1.20). B%). Corp. Blumenthal (S). Bohack (HC) 1st 4 Borne-Serymser Brazilian Trac Lt&P(1). Bright Star Elec (B).... Brill Corp A (34c). Brill Corp B. ... British-Am Ol C Brit AT cou B 1 . Brit-A To reg(1.17 4-5c). Brit Colum Pwr (A) (2). Buckeye Pipe Line (4).. Buffalo, N&EP pf(1.60) Buff Niag&EP 15t pt(5). Bulova Wevopf (3%)... Bunker Hill & Sullivan.. Burco, Ine. Burco, Inc, Burco, Inc, conv pf Burma.Ltd rcts 127 Butler Bros...... Cable Radlo Tub vto. Cabl & W Ltd. A rets Cabl & W Ltd. Brets. ... Cable&Wire pf rcts 19c.. Canadian Marconi Carib Syndicate. Carman & Co A (2). Carman & Co (B). Carnation Co (j1%).... Cent Hud Gas&El (80¢). Cent 111 Pub Sve pf (6).. Cent Pub Sve. Del. Cent Pub Sve(A) (b5%). Cent & Sown Util (b7%) Cent States El (b10%) Cent West PS Aalls. Centrifugal Pipe (60e). . Chain Stor Development Chain Stores Stock. Charis Corp (13) Chesebrouxh Mg (15%). Chief Consol Mining. ... Citles Service(g30c). ... Citles Service pt (6) Cities Serv. B.B.pf(6)... Cities Serv P & Lt pf(6) Citles S Pr& Lt pf (7).. Claude Neon Lights,Inc. Clev Elec Illum (1.60) Clev Elec Illum pf(6) Cleveland Tractor. Club Alumn Utensils. Cohn&Rosenberger] n Colombia Syndicat Colon Ofl. ... Colts Pat Firearms 1% .. Columbia Ol & Gas vic. Colum Pictures ( Colum Pic v.t.c. (f Comwlth Edison (8) Comwith & Sou twar) Com Wat Ser (g12%¢).. Comstock Tunnel. .. . Consolidated Aircraft. Consol Auto Mer ctf: +11 L0004+ ws¥ sesessreere 4 1+ TRttt +iviin+i SATAE AR L+ \ = ¥ i wF F Stock and dividend. High. EG&TAsprpf (4%).. 83% East G & FlAspt(6).... 89 East States Pwr (B 5! Eastern Uti] Inv (A) Edison Bros Strs (50c).. 10 Edison El of Bos(13.60). 221 Eisler Electric Corp. 2 Elec Bond & Sh (b6%) . . Elec Bond&Sh cu pf (6) El Bond & Sh of (6). Elec Pow Asso (1). Elec Pow Asso A (1) 1 P& Lopt wa Electric Produc c Shareholdg (b6%) . Slec Shareholdg pf (a6). g Nat Watch 13%5..... Empire Corporation. Emp Corp cv pf (a3). 5 Empt s&F cm pf(1) 46% Empire Gas&F cm pf(8) 53 Empire Power pt (2.24)." 30 Empire Pub Sve (A). 1 Employ Reinsur (11.80), 20 PipeLine4).... 22 Europe Elec, Ltd A(60c) 4% Euro Elee, Ltd deb rt % Ex-cello Air & Tool. Fajardo Sugar. Fanny Farm Can (1) Fansteel Prod. .. Federal Baking Shop. Federated Metals Ferro Enamel (A). Fiat rcts (94%¢).. Flintkote Co (A).. Florida P & L pf(7). Ford M Can A (1.20). Ford Mot, Can B (1.20) Ford Mot France 37%c Ford Mot Ltd (36 3-5¢) Foremost DairyProd Foremost Dairy pf Foremost Fabric Foundation For § Fox TheatersClassA Franklin Mfg Co. Garlock Packing (1.20) Gen Alloys. ..... General Aviation General Cable war. Gen El Ltd rets 36 3-5¢ n Empire Corp (1) Gen Gas&El cv pt B ( Gen Leather Co en Theat Equip cv p! GeorglaPowerpf(6).... Gllbert (A C) (1) bert (A C) pf (3%). eaner Comb Hary ilen Alden Coal (4). Globe Underwr (15¢)... 6% Gold Seal Elec neW..coo. % Golden Center. % Goldfield Censolidas b Golden State Co Ltd. 10% Goldman Sachs T C. 3% Gorham Inc pf. .. 114 Graymur Corp (1). 16% GtAt& Pac T nv (16%). 180 Grt A&P Tea pt (1) 120% Great Nor Paper (3). 2 Greenfield Tap & Die. Grier Stores Groc Strs Prod v. Guardian Invest. Gulf Ollof Pa (1%). Hackmester Lind. . Hamilton Gas v.t.e. Happiness Candy Hazeltine Corp (1). Hecla Mining (40c) Helena Rubinstein, . Heyden Chem Corp (2 Hires (CE) Co A(2) Hollinger Gold (6. Horu&Hardart(2% Hudson Bay Min & Humble OIl (12%) . Hu: {4 Hydro Ei Hygrade Food Prod 111 Pwr & Lt pf (6). Imp Chem Ind (p40c) Imp Ol of Can (50¢). Imp Ofl of Can reg (51 Imp’l Tob GUB&T (1.1 Indiana Pipe Line (1). Indian Ter 1lu Oil A, Ind Terr 1ilu Ol (B). Insull Inv (b6% ) Ins Coof No Am (123 Insurance Secur (40¢).. Intercont Pete new. . Int Cigar Mach (23%) Intl Holding & Inv.. Intl Hydro cv pf (314). Intl Petroleum (1). Intl Products. . Int Safety Razor B (1) Int Superp (11.10). Int Utilities A (3%4). Internatl Utilities (B) Internatl Utilit! InterstateEquit! Interstate Equ ev Irving Alr Chute (1).... Italian SBuperpowr A. Ital Superpower wa Jersey Cent P&Lt pf (6) 1034 Klein (D E) Co (1).. Kleinert (I B) Rubber. Knott Corporation (1).. Kress (SH) sp pt (60c). Lackawanna Sec (4). Lake Shore Mines (12) Lakey Fdry & Mach. ILane Bryant pf (7) Lefcourt Realty 1.60. LefcourtRIty pf(3) Lehigh Coal&Nav Leonard O11 Lerner Store: Libby McNeill & L. Lion Oil & Refining Lone Star Gas n (88c). Long Island Lt (60c) Long Is1 Lt pf (7). Long Isl cu pf B (6). Louislana Lan & Ex. LaP&Lpt(6).. MacMarr Stores (1). MagdalenaSyndicat Manning Bowman ( Mapes Cons Mg (t4) Marcon! I M (73 2-5¢) . . 2% Util Assocvpf2% 24% s Bottling (A) 14 Mayflower Asso (2) May Hos cum pf (4). McCord Radlator B..... Mead Johnson (15)..... Melville Shoe 1st pf (6). Memph N G Co (60c)... Mercantile Stores(1) Merritt Chap & Scott. . Mesta Machine (2) Metal & Mining, Inc. Metal Tex pt pf (3% Met Chain Store: FHELVES LT VL LIT ERCERERE P LA Lil+ Eex ~ ¥ (EHEE L AREAESEY N - PSR EFRES 1 #70sss [(HEEAN | oy & sEefrevses Fx"ssrss IENEREE 21 S Net Stock and dividend. l;lh. Low. Close. Chge, Neisner Bros of (7) Nelson (Herman). . Neptune Meter A(2). New Eng Pow pf (6).... New Haven Clock(1). New Jersey Zinc(13). New Mex & Ariz Land. ., Newmont Mining. . Newport Industries, Inc. N Y Auction N Y Hamb N Y & Hond Ros (1) N Y Power & Lt pf (6). NYPwr&Ltpof (T).... N Y Shipbldg Corp N Y Steam new (2.1 N Y Tel pf (6%)... N Y Transit (180e). Niag Hud Pwr (B) war.. Niag.-Hud Pyr C war.... g Shares, Md (40¢).. agara Shares,Md war. les-Bement-.Pond (1) Nipissing...... . Nitrate Corp Chile (B)., Noma Elec Corp (40c). Nordon Corp Ltd...., Nor Am Aviation A wi Nor Am Lt& Pwr(b8%) Nor AmL & P pf (6)..., North Am Uti] Sec. Nor Central Texas. . North & Sou AmCor p A. Nor European Ol Corp. . Nor States Pwr pf (6) North 8 Pow pf (7). Novadel Agene (4) Ohto Copper. ©Ohio Oil n (cu)pf Ohio Power pf.(6) Oilstocks Ltd (A). . Orange Crush (115)..,., Outboard Mot (A) . Outboard Mot B, . Overseas Sec. . . PacG & E1stpf (1%).. PacG&EDf1.37%..... Pacific Lighting pf (6).. ' Pac Western Oil. Pan Am Airwa; Pandem O11. Pantepec Ofl Paramount C: (2 Parke Davis (+1.65) Parker Rust Pr (3). Patterson Sargent (2) Pender (D) Gr A, (3%).. Peninsular Tel(1,40). Pennroad Corp (40c) 3 Penn Mexi d Penna Water & Pwr (3). Peoples Lt & Pwr (A) Pepperell Mfg (4). . Perfect Circle (1214). Perryman Elgetric Pet Milk (7). 4 Petrol Corp war. Phila Co new (11.40) Philip Morris Inc. Phoenix Secur Corp. Phoenix S C pt (3) Plerce Governor.. . Pilot Radio Tube(A).. Pittsbgh & Lake E(t10). Pittshgh Plymouth Oil (25¢). Polymet Mfg. . . Powdrell & Alex (3%) Pratt & Lambert (3). Premier Gold (12¢). Prod Roalty (b10% ) Propper McCallum. ., Prudential Inv. Pub Sve of Ind Public Util Hold w Pub Util Hold Corp x Puget Sd P & Lt pf (. Pure Ofl pf (6) Pyrene Mfg C Quaker Oatspf 6).. Quiney Mining Radio Products. ilroad Share: : Rallway & Lt Secur (13) Rainbtow Lum Prod B.. Rayethon Mf, Relter-Foster. Reliable Stores. Rellance Intl (A). Reliance Int Corp( Rellance Management. Republic Gas Corp.. Reybarn Co. Reynolds Inves: Rhode Isl Pyb Sv Richfield Oil'of Cal pf. Richmond Radiator. Richmond Rad cum pf.. Rike Kumler (2.20)..... Roan Antelope Mine: Rochester Cen Pow... R'kland Lt & P (90c). Roosevelt Fleld. Ine Root Refining cv pr pf Rossia Int Corp (10¢) Ruberoid Co (4). Ryan Consolidated. .., Ryerson (J T) (1.20). St Antony Gold...... St Regis Paper (60c). Salt Creek Consol....... Salt Creek Producers(1). Schulte Real Estate, Seaboard Util (28¢). Secur Corp Gen(40c). Sec Allfed Corp (1). Seeman Brothers (3) Sle Ind prior (5%).. % Sentry Saftey Control FINANCIAL 50 50 -2 Btock and dividend. Seton Leather (1). Shattuck Den Min, — % Shawin W V & Pw Yeias Sheaffer (WA) Pen (13). - 2% Shenandoah Corp...... - % Shenandoah Corp pf..... 69% 64 - 12 2 Silica Gelat .. New England T& T (8), 118 —18 Singer Mfg Co (116 + %l 4 2 Singer Ltd rcts(28c) - 5 Sisto Fin Corp. 1+1 [EEREENE SN E Unit G I EFSe 2y F OFF SRR - .o EFEFESL Yok Ed = own £ F 1% e "se sPesex dend. fPlus 5% stock. stock. s Unit Elec Sv Unit Founders. Utd Gas Corpn, T ONEGRY coeeoceee 5% 2% PeopG L &C....Jan15 8% - Dividend rates in s annual payment. *Ex-dividend. fPartly extra. & Payable in cash or stock. b Payable in stock, Smith (A O) (2). Smith-Corona Tpw Solar Refining..... South Am Gold&Plat. South Penn Ofl (1).... SoCalEdpfA (1%). So Cal Edis pf (B) (1%) Sou Cal Ed pf C(1%) 8o Colorado PwA (2) Southern Corp. SouthernNat Gas. Southn New Eng Tel (8 Seuthland Royalty (20c) Sou West Bell Tel pf(7) Sou Wn G&E pf (7) So West Gas Util Spleg May Stern % Stand Motor: Stand Oil of Stand Oil of Ky (1.60). Stand Oil Nebr (2). Stand O11 Ohio(23%). 41 Stand Oil of Ohio pf (5). 101 Stand Pwr& Lt (2)..... 28% Stand Pwr & Lt (B) (2). 20 Stan Pow & Lt pf(7).. 80 Stand Silver & Lead. Starrett Corp....... 2 Starrett Corppf (3).... 8% Stein(A)&Co cupf(634). 8% Stein Cosmetics Inc. 2 Stinnes (Hugo).. 1% Stromberg-Carl(1% ) 10 Stroock & Co. Stutz Motor Car Sullivan Machine; Sun Investing. .. Sun Invest pf (3) Sunray O1l (b5%) Switt & Co new (2) Swift Internat’l (14) Syracuse Wash Mch(B). Taggart Corporation. . Tampa Electric (32). Technicolor Inc Teck Hughes G Tennessee Products Texas Power pf (7) “Texon Ol & Land ( Thatcher Sec Corp. Tobacco Prod Exp ( Todd Shipyard (4)... “Trans Air Trans. . .... Trans Lux DL P 8. Tri-contin'l Corp war. Tri-Utilities. Tri Utilities pf. Tubize Chatel, B. Tung Sol Lamp (1) Ungerlelder Fin Corp. Union Am Invest. Un Gas of Canada, Union Oil Assoc (2). UnionTobacco. EL R L L+t YEryptey ey i aTT el vt $28¥F FesSerFresss Corp war. Jnited Gas pt (7) wd Light & Pwr A(1). Utd L & Pwr (B) (1). Utd Light & Fwr pt (. Unit Miik Prod. Unit Milk Prod pt Utd Profit & Shar United Public Service. Unit Shoe Mach (13%) U S Dairy (A) (6) US Dairy B..... U S Elec Power ww. US Elec Pwr (war). U 8 Finishing pf. U S Foil Co B (50¢c) U S & Overseas war. it Stores v.t.c... ¢ it Verde Exten (1)... nite Wall Faper Utah Apex..... Utah Met & ™ Utah Pwr&Lt pt (7 85 Utica G&Elec pf ( Util Pwré&Lt (at1.0. 35 Ut P&L B(at1.0215). Utility Pow & Lt pi (7).. Utility & ind... Utll & Ind pr (1%). Utllity Equiti Utility Equity pt (5%) Van Camp Pack... Venezuela Petroleum Vick Financial (30¢). Voght Mfg Co (1) Waitt & B, A (2)... Walgreen Co. Walgreen Co war Walker (H) (50¢c) Walker Mining. Wayne Pump. . Welch Grape Juice (12). Wenden Copper. ... . West Auto Sup A(3). West Mass Co (2% ). Western Power pt (7).. Williams R C (70¢c) - 100% 100% 100% #Ryx & FREEE RIGHTS—EXPIRE dollars based on last DECLINE IN COTTON MARKET CONTINUES Scale-Down Buying Orders Not Sufficient to Offset South- ern Selling. By the Associated Press. NEW YORK, October 3.—Continued Southern selling was again absorbed by active trade buying on scale-down or- ders in eotton today, but prices worked gradually lower, with December con- tracts selling off to 5.61, making a net decline of 12 points and new low ground for the movement. They closed at that figure, with the general market closing INCREASE IN LATIN AMERICAN TRADE WAITS ON U. . UPTURN In a statement based on a survey of the 1030 trade with Latin America, Frederick M. Peiker, director of the Commerce Department's Bureau of Foreign and Domestic Commerce, today said an Iimprovement in the Latin American Market .must be predicated upon a recovery in the markets of the United States and the principal Eu- ropan countries for Latin American products. Total trade with Latin America amounted to $1,466,918.000, a decline of 20.5 per cent from the high level of 1929, and an increase of 6.5 per cent above that for 1016, according to Feiker's report. ‘With American investments in Latin America placed at between $5,000,000,~ 000 and $5,500,000,000, the Commerce Department official said about three- fifths was in South America. Two= thirds of the aggregate investments, Feiker said, were composed of direct investments of American corporations in mines, public utilities, plantations and other properties. American hold- ings of securities, principally govern- mental obligations of Argentina, Brazil, Chile, Colombia and Peru, he said, composed the remainder. Feiker said an impression that the United States’ position in Latin Amer- T+t by Consol Cigar (war) Consolidated Cop Consol Gas Balto (3. Con Gas, Balto pf A (5 Consol Gas Util A(2.20). Consol Gas Util B. v.t.e.. Consol Min&Sm (£2%).. Conso] Royal (20¢)....u Contl Chi Cp ev pf (3). .. Contl Gas & El pr pf(7). Cont Shares conv pf. Cont Shares pt (B). Cooper Bessemer . . Met Edison pt (6).... .. 97 Middle Sts Pet vtc A 22¢. 1% Mid Sts Pet v.t.c. B. . % Mid West St Util (b8%). 3% Mid West Util (b8%) % MidWest Ut cv pf(8) Midland Steel Prod (2) Feiker said in 1930 the United States | ican trade today was the result of ad- TS rveady at net declines of 12 10 | yurnighed o market for 35.1 per cent|vantages geined while Ercras o The opening was steady, 1 point|Of &ll Latin America exports. or ap- | tions were temporarily withdrawn from higher on October, but. gen'enuy un- | Proximately the same as in 1920. Like- | the market was false. While he recog- changed to 2 wm,“ lower under over- | Wise, he added, the United States fur- |nized that much trade formerly going night sel orders. There may have | nished 36 per cent of total Latin Amer- | to belligerents was shifted to the United been some ’;m, Jocal buying or week |ican imports, American exports to that | States during the war, an expansion of Midland United (b6%) end covering on the relatively firm |&rea being 418 per cent greater than |156 per cent in trade with Latin Amer- Mo-Kan Pipe Line. ..... Liverpool cables, but it was quickly sup- | those of 1900 and 102 per cent greater [ ica from 1900 to 1913 was cited in x; -Kan & Pipe Line (B) ; Pued, and prices worked off quite stead- | than in 1913. Feiker's statement. it River Fuel bd rts. . ly during the late trading. The trade Moh Hud P 1st p£(7) 4 Moh Hud P 2d pf(7). it % I S e 7 (e e o T e ] [ T T i teren s GENERAL BUSINESS ACTIVITY for the country Indicated by Bank Debits outside New York City. Shaded areas show weeks of activity above the corresponding weeks of the previous year. Black areas indicate declines from same weeks 12 months earlier. ACTIVITY BY FEDERAL RESERVE DISTRICTS. Check Trapsactions compared with the same week & yesr ago, T Boston | New York | Philadelphia | —45% | —14.6% % land | Richmond | Al Cpens |Pepgond. ) At Y Chicago | St.Louis | Minneapolis —262% | —18.6% | —30.0% | Ki City Dallas 8. Fri isco S O T LEADING BAROMETERS. Showing Trend of Business in dollars (checks cashed). Employment (Department of Labor) . Wages (Department of Labor)..... Important facters. Present trend. trom Sear sge. Downward —16:2 Dovnward Dowi.ward Cost of living (Industrial Conference Boa Downward ‘Wholesale piices (Fisher's Index).... Steady Agricultural prices (Department of Agriculture) Downward Movement of goods (car loadings) . Retail trade (Federal Reserve Board Building contracts (F. W. Dodge) Failures (Dun’s) Downward Downward Downward Upward Downward Tpward 4 Cooper Bessemer pf (A) Cord Corp PETEORRt Corp Secur of Chi (b6%) Corroon & Reynolds. ... Corroon & Rey pf (A)... Cosden Ol . G Courtaulds Ltd (13 3-5¢) Creole Petroleum. Cresson Consol (4c. Crocker Wheeler... Crown Cent Petm (new) . Crown Cork Intl (A).... Cuban Cane pr opt war.. Cuneo Press (2%) s Cueno Press pf ww(6%). Curtiss Wright war. Cusi Mex Mining... Darby Petroleum. Davenport Hos (2) Dayton Airplane & Deere & Co. . Detroit Afrcraft Corp... Doehler Die Casting. Dominion Steel & Coal B Dres (S Ry MPg.A (3%). Dresser Mfg (B) (2).... Driver Harris (new). Dubilier C & Rad! Duke Pow (5). FessFess EPELRTEL4 Sw » srefefse s+ 1 Mohawk Mining (1). Mont Lt H& T (1% ¢ Moody’s 1 S pt ptf 13) Moore Corp Ltd (1). Morrison Elec. ... Moss Gold Mines. Mountain & Gulf. . Mountain Products (1). Murphy Co (1.60) Nat Elec Pwr pf (7) % Nat Family Story % Nat Food Prod (; ). Nat Fuel Gas (1)cceeees Nat Investors. at Pub Sv B($2.20). t Pub Sve pf (7) Nat Rubber Mach Nat Screen Service (2) at Secur Inv Co. Nat Service Co. ane & - TR L+ 1 nw;a”-glgn lmiru& :é"&um?’:gd‘m}{ CHICAGO LIVE STOCK MARKET |4.00a4.50; range throwouts, 5.00a5.50; very falr sized blocks changed hands, but the hecging continued and became more active in the late trading. Oce; CHICAGO, October 3 (#) (United States Department of Agriculture).— Cattle—Receipts, 500 head; compared tober broke to 5.43 and March 5.89, an@ - week ago, better grade long yeatlings closing quotations were the lowest o=-o5 .wfi:’; compar‘able gudge yweixmy the day on all the active positions. Reports of favorable weather for picking and marketing in the South may have been a contributing factor on the decline, but the chief influence, fudflnl from trade comment, was the increasing movement of cotton in the South, and the evident inclination of houses to hedge thelis pool cables was modified the easier ruling of sterling and reports that at the close of yesterday Liverpool had been considerably under a shipping parity. October December January March steers 25a40 higher; common and me- dium_steers, including grassers, steady to 25 higher on g account, but in-between ht heifer and mixed yearlings = finis) choice .50; 7.00a9. heavy fods, 5080.15; grassers and short et .5089.75; an 3 5.0085.60; approximately” 12,000 Western grassers in run; practical top killer ae;'r_-l.s 6.65; outstanding Montanas up she«p—mflru, 2,000 head; today’s market nominal; day, 371 doubles from feeding stations; 15,300 direct; killing classes unevenly 25850 higher; feeders fully steady; market apparently stabilized at _close, £ Thursday's break; , good and choice native wether lambs, 6.50a7.00; few, n4, 6.50a7.50; 1 for week ending Fri- | Eand" cholce fed yearlings, 5.75a6.00; fat ewes, 1.50a2.50; range feeding lambs, 5.00a 5.40. Hogs—Recelpts, 7,000 head, ncludg 5,000 direct; steady to 10 cents lower; 200-300 pounds, 5.50a5.65; top, 5.65; 140-180 pounds, 4.75a5.60; pigs, 4.00a 4.50; packing sows, 4.25a5.00; compared with week ago, 15a25 higher; shippers took 5,000; estimated holdovers, 2,000; Mght , good and choice, 140-18 pounds, 4.75a5.25; light weights, 160-20% 5.0085.65; medium weights, 200« pounds, 5.50a5.65; heavy weights, 250-350 pounds, 5.10a5 65; packing sows, mo and good, 275-500 pounds, e FOREIGN EXCHANGE, (Quotations turnished by W. B. i X Nominal vord. Seliine Shecks Valtie: Today. 3 c. 3913, Brussels, 13.91c) Berlin, mark.