Evening Star Newspaper, October 7, 1931, Page 14

) CA—14 wx FINANCIAL, TREND IN BUSINESS CONTINUES MIXED Suspension of Gold Standard Causes Cenfusion in World Markets. Uncertainties arising from the pension of the gold standard in Great Britain, and more recently in the Scan- | dinavian countries, have prevented any rate determination of the trend of developments in Europe, the Far East and South Am partment sa ac received by the de- and cable, officials al interests wore a tempor > but the import cxpecting at least in the export showed > last cight m y imports, with = relatively smaller 1055 in exports, en- hancing the favorable balance for the Aside from the unsettl-ment the_exchange situation, the id the Ttalian business was generaily depresced Trade in the Union of South Africa report=d dull but steady, with the o0k for automobile sales improving. was asserted. however, that the trade ed States had been brought siandstill since Britain's pension. This was due, 1. 1o the lack of exchange 1 South Africa and New officials asserted that - developments. includ- n of the Canadian ed considerable un- da. but so far there trend in cither the Far : aid_the boyeott move- ment in China and the uncertainty of the British situation had hampered Japan's cotton Aar ravon exports. Nervousness characteriz i markets in Fritish India_and some cancellation of American orders was reported was reported from Argen- azil the exchange situa- any strengthening of trode. Trading was re- factory in Chile. but | zo situation was considered under control. ~ Chile’s re severely restricted during vas pointed out. while ex- owed a more moderate decline IE Epscial Dispatch to The Star. BALTIMORE, 100 pounds. ushel, 40a60; beans, bushel. hel, 40a60; ca beets, per 108, crate, 50a3.50: October 7. 75a1.10; te, beans, hamper, 1.50a2.00; peppers, ha : onions, per 100 pounds. 1.75 bushel, 65a75; tomsitoes, " stock, bushel, cantaloupes, 60a8: Dairy Market. roung. Leghorns, 182 Leghorns, 143 . 12a15; ducks, 13a2( 15a20; guina fowls, pair, 1.325 cases : henn whites, 30a32; firs 26; Western firsts, 26. ter—Good and fancy creamery. 2; process, 23a24; Live Stock Market. Cattle — Receipts, 100 hcad; supply. market dull, Steers—Choice to prime. none; to choice, 7.00a7.50: medium to goo 6.00a7.00; fair to medium, 550a6.00; plain to 00 to 5.50; common to plain, 4.2 0. Bulls—Choice to prime. none: geod to choice, 4.50a4.75; medium to good, 4.002450; fair to medium. 3.50a4.00; plain to fair. 3.25a3.50; common to plain, 3.00a3.25. Cows—Choice to prime, none; good to_ch 4.2524.50; medium to good fair to common fers=—Choice to prime. none; good 6.00a6.25. medium to good, fair to medium. 5.25a5. to fai common to 4.0024.75; ows and Spring- 0.00260.00. o lambs, 3 Hogs—Receipts ply. market ste: medium, 5.90a6.1 heavies, 5.60a6.10. _Calves—Receipts, 25 head: light sup- market lower: calves, 4.00a10.00. Hay and Grain Prices. nter. export. no cns: No. 2 red Winter, garlicky. domestic, 47';; October, 471 : No- ; lights, 5.75a6.00; light pigs, 5.45a5.71 roughs, 4.00a4.90; yo domestic. spot, cob corn, 2.75a3.00 per barrel. 2 white, domestic, spot, 2. 30a31. 45a Hay—Receipt none. New hay is startng to arrive in increasing quan- tities, but so far no official grading has been attempted, selling being strictly on merit. Demand for old hay slow and market is dull and quiet, with prices in buyers' favor at a range of 14.00a18.00 per ton. Straw-—No. 1 wheat, 9.00a9.50 per ton, No. 1 oat, 9.00a10.00 per ton. Business Note YORK, October 7. of b e wholesa -The total tered in the New ended Tuesday was lower than for the preceding week and for the lik Week of last year, according to lists yublished in the New York Times. For the week 735 buyers were listed, as azainst 835 in the previous week and %65 in the same period last year. Continued warm weather has given a further setback to the development of the Fall season, and estimates were that the seasonal demand is now three weeiks to a _month behind last year. What this means. it was said, is that_either a very large total of the seasonal busi- ness will be compressed into a short periqd once cold weather arrives or else the season as a whole will become one of making and selling goods largely on a sales basis. Recent orders for placed added emphasis on price_garments, with_somcthing of a 1ull developing in the hizher-grade long coats. Retailers have found they can obtain a fairly good turnover on short jackets of lapin or similax, pelts, and a very large percentage of the order busi- mess §s belng concentrated on them. Despite continued warm weather in many sections of the country, numerous stores ch had scheduled November 1 as their delivery date on men's fur-lined gloves are now specifying that shi ments be made immediate turers reported. Delivery dates are even more difficult to fill on unlined styles, it was explained, with producers who had promised shipments on Octcber 1 not being able to complcte deliveries until possibly the 11th or 12th of th onth. popular- x P . Pigskin is a swanky leather for a new oxiord. A contr; for.the toe and heel trim, ica, the Commerce De- | according l()l declines during | sweet | 2.00: celery, crate. | current | indise market in | fur coats have | i i i | 400 head; light sup- | | | 1 'LIMITATION ON OIL THE EVENING STAR; WASHINGTON. D. C., WEDNESDAY/ -OCTOBER 17 1981 NEW YORK STOCK EXCHANGE Recelved by Private Wire Direct to The Star Office. (Continued From Page ° 1931 Stock and Sales— High. Low. Dividend Rate. ~Add 00. 103'; 38'y McKeesport TP (4). 58 T's McKesson & Roh(1), 14 19 McKes&Rob pf(3%) % McLellan Stores. 15% MackTrucks (2). 52 Macy(RH)& Co(n3). 2 Madison Sq Garden 7% Magma Copper (1). x Mallison & Co. . Manatl Sugar. . Mandell Brothers ManhatElev mod gtd Marine Midld (1.20). Marlin-Rockwell (2) Marmon Motor C: Marshall Field (21 Mathieson Alkill (2) May Dept Strs (2%3) Maytag Co... Maytag Co pt (3) Melville Shoe (2). . . Met-Gold Pic pf 1.89. Miami Coppe Mid Continent Petm. Midland Steel (3) Midland Steel pf (8). Minn Moline Pow... MSUP & SSmIsd (4) 20 Mo KKan & Texas.... Mo Kan & Tex pf (1) Missourl Pacific..... Missouri Pac pf (5).. Mohawk Carpet..... Monsant Chem (113) Montgomery Ward. . Morrell (J) & Co (3) Motor Products (2). Motor Wheel (1).. Mullins Mfg. . 22 Mullins Mfg pf () 11'% Munsingwear Inc(2). Murray Corp. S e FTlEwuxt 30 Nash Chat & St L(3) 1008 1514 Nash Motors (4). 42 £0 074 108, '« Nat Biscuit (2. Nat Cash 201 Nat Dawy 13« Nat Dept Stores 19% Nat Dist I'rod (2) 136 Nat Lead pf A (7). 110 Nat Lead pt B (6). 141« Nat Pwr & Lt (1) 1« Nat Radtor. ts Nat Radiator pf 1815 Nat Steel (2). 12 Nat Supply Co. 45 Nat Supply pf (7) 18 Nat Surety (2). R NatTea (1).. 613 Neisner Brothers 5 Nev Copper (R0c) 1012 Newport Co (1)... 41 Newport Co (A) (3). 312 Newport Industries, 3 Newton Steel. 7 NY Alr Brake 49 N Y Central (4) 10t N Y Chic 16 NYChik 120 N Y & Harlem (5). 2 N YlInvestors...... H & Hart (1) NH&Hpf (7)., 51 N Y Ont & Western 214 N Y Shipbuilding. ... N Y Steam pf (6) 99 N Y Steam 1st pf(7). 10 Noranda Mines..... 21 Norfolk & Southern. 112 Norf & Westn (112). 5 80 Norf& Westn pf (4) 50s 215 North Am Aviation. 1 26 Nor Amer(bl0%stk) 387 41 North Amerpf (3)... 3 877 North Am Ed pf (6). 19t Northern Pacific 3) 612 Ohlo Oil. 1 4 OlivFarm Eq pr pf. 1% Omnibus Corp. ¥ 20's Otis Elevator (2%4) .. 30 Otis Steel. . 201; Owens 111 Glass (2). " Pacific Gas & B (2). 35 Pacific Lighting (3). 913 Pacific Mills. ... 100% Pacific Tel&Teles(7) 114 Pacific T& T pt (6). 4 Packard Motor (40c) 20 Pan-Am Pet B (80c). 91; Panhandle P& R pf. 10% Paramt-P(m1.62%p) 7« Park Utah 11x Parmelee Transport. 3, Pathe Exchange. ... . 213 Pathe Exchange (A). 41, Patino Mines........ 2 Peerless Motor Car.. Penick & Ford (1)... 281 Penney (J C) (2.40). 90 Penney (JC) pf A (6) 1 Penn Dixie Cement. . 297, Penn Railroad (3)... Peoples Gas(Chi) (8) 20 Tere Marquette pr pf 41, Petm Corp of Am (1) 6'x Phelps Dodge Co. ... 3% Phila&Reading C & L 4 Philip Morris&Co(1) 4% Phillips Petroleum. . 13 Pierce Ofl..... 51a Plerce Oil pf. Pierce Petroleum. ... Pillsbury Flour (2).. Pitts Coal pf.... 364 Pitts Steel pf. 7% Pitts Terminal Coa 213 Pitts United Corp 16 Pittsheh & West Va. 2 Tort Ric Am Tob(A). s Port It Am Teh (B). 9 Postal Tel&Cable pt. 513 Prafrie Ol & Gas.... 73 Prairie Pipe Line 1% Pressed Steel Car. 393, Proct & Gaml *2.40) 107 Proc &Gamb p (6)g. 517% Public Sve NJ(3 408, 90 Public Sve NJ vf (5) 97 Public Sve NJ pf (6) Public Sve N J pf(7) "ublic Sve N J pf(8) Pullman Corp (4)... 4« Punta Alegre Sugar. 5 Purbohl. ..., 6415 Pure Oil pf (8).. 12% Purlty BaRerl 208 105 201, 30 Ry 217 o 11 20 36 3 13 1005 605 40 402 12 Liadio €orp (B) @) 6% Radio-Kelth-Orph A. 20 RRSecstkCed), 9'z Rayhestos Man(1.60) Reading Rwy+(4)... 34 Real Silk Hoslery. 13 Reis (Robt) & Co 6 Rels (R) & Co 1st pf. 4 Remington-Kand.... 3 Reo Motor Car(40c). 5t tepubric Steel. 15 Republic Steel pf. 15 Revere Copper (A).. 7 Reynolds Metls(1%) 15 Reynolds Spring. H Reymolds Tob A 43), 520s, Reshotia Fors i) Ricbfield Qil., ...... Rio Grande Ofl. 3" Rossia Insur (2 133 ¥ al Dich(m2.2’ 384 Saféway Storeés (5).. 8914 Safeway Strs pf (1), 9% St Joseph Lead (1) 613 StL-San Francisco 713 StLSah Fran pf(6) . 15 StLouis Southwnpf. 1 5 Savage'Arms(1).... 3 4 Schulte Retall Stores 4 69 6 21 E0s R 20% 11 High. 45y 23% 4 63 .’LX‘- e 6 13 19% 43 40% 93 12° 125 “12° 18 15 33) | High, Net. | 65 Low. Close. Chge. | 51 422 ! 1w T T 21 3 ~1931~ Low. 40~ Schulte 8 31 13, Second 33 Second 1814 60 3 T Iy kN a 11 14 124 147 Shell T Shell Shubert Simmon Sinclair Stock and Dividend Rate. 3814 Scott Paper (11.40). Seaboard Alr Line... 2 - Ny Seaboard Afr Line pt 1 5'a Seaboard OIl. .. Sears Roebuck (2%). Shell Unjon O11 pf... Simms Petr b Sinclair Consol Ofl Bales— Add 00. High. Low. Close, Chge. Stores pf (8) 108 40 40 40 — ! 1608 40 39 -1 ' % Tk 53 133 Natl Inv..... tlInv pt. . Seneca Copper...... Servel InC..o.vveens Sharp & Dolime. . ... 1 Shattuck(FG) (+1%) (m1.73 1-5). fon O11.. ... 1 3219 +4v 115 - 104 515 - Theaters 5 Co. Ol pt (8)... Skelly Oil..... Snider Packing pf. Socony- Solv Am pf ww South Port Rico § Vacuum 1.60 5. Southn Cal kd (2). Southn l'acific (6). uther n Rwy (m6). (AG) (1). sicer Mfi. piesel- May-$ Stand Brands (1.20). Stand Comel Tobacce Stand G S&E1 (3%). Stand Gas&El pf (4). Stand Oil Cal (h23%). Stand Ol of Kansas. 2814 9% Starrett(L! Stand Ol NJ (12)... ) (12%). 1 Sterling Secur (A).. 21 4% Stewart Stone& Sterling Sec ev pf(3) Warner. Webster(m?2). S:udebaker Co(1.20) 1} n Ol Sun 0l Wi.... b (6) Superheater « . Sweets of Amer (1), Texas Ce 0% Tex Gul 215 Tex Pacific Ce Tex P'acific | 5 Thatches i 4 813 The 2 Thermo 51z Third A 13~ Third N, 6% Thompson F'rod Corpa. orp (2)... £ Sulphur(3) 18011 and Tr. r Mz Co (2.40) j00;..co. § venue. . 6 R at Invim 11 -1 1% Thompson & = g S — 21 Thomp- 315 Tide Water Aso Oil. 2013 Tide Water As pf(6) -Detroit Axle 19' TimkensRoller B 4 Timken. Star pf (312) 2 = 2). obacco Products. Union Bag & Paper. . “nion €3 Inion Vil of Cal arb & (2.60). nion Pacific (10) Jn Tank Car (1.60). 'nit Afreraft ‘nit Alreraft nit Biscuit (2). ‘nit Carhon nit Corp (75¢). Unit Corp pf (3) Unit Dy ewood Unit Electric Coal. . Unit Fruit (4). Unit Gas&Im1 « UnitGa Unit Piece D W (2) s&lm pf(5). Unit Piece DWpf 615 US&E 18 orn Secur. ... & For Sec pf(6). ‘reight. sum (1.60). . Hoffman........ Indus Alcohol. .. Leather. 1S Leather ( ) S Lea th or pf ( S P'ipe & Fdry IS Pipe&Fy 1at 1 obacco (4.40). . ‘nited v & Imp(1) nited Sto n niv Pipe & Rad il P&1 3¢ Vanad: 1\ g ¥ 48 Vi um Corp. “aro Chem r Chem 6 ‘aro Chem pf (7) Va Elec&'wr pf (6). Vulcan Detin (4). ot 1 5. Wabash | W bash It A) Waldorf Sys (113).. Walworth Co Ward Baking Ward Baking vf (7). Warn Bros Pictures. Warner Warren Warren Webster I Wesson Wesson West I'a I West P'a E West Pa Pwr pf (6). West Pa Pwr pt (7). 2 Western Dairy (A).. v Western Dairy (B).. Western Maryland. . Quinian. ... HStoN. ..ol Fd&Pipe(2). senlohr. . O11&Sno(2). 3 O&Sno pf(4) 45 67 208 208 10s 81 205 96% )s 106 17 4 4 17T peas)..) ve(T) L Western Pacific. . 2 Western Pacific pf. Western Union (8).. Westinghse A B Westinghouse (2 White Motors. White S ewing Mach. Wilcox Ol & Gas. Willys-Overland. Willys-Overland p: Wilson & Co. . Wilson & Co (A) Woolworth (2.40) Worthington Pump. Wright Aeronautical W igley (Wm) (4) « Yale & Towne (2) Yellow Truck. ... 2 Yellow Truck & C pf. Young Spr&Wire(2). Y st 3 177 46 93 ‘n L 104 15 £ am 10:30 A.M...5.. Y905 eex divicena < KEx-divicen ) avable in stock. { n Plus 2% in stock. | 3% in ‘stoek. om s | stock. 9% (35 4 td this year—no regular rate. 213% in stock. Sheet&Tube 1~ Zenith:Radio 2 7 Zonite Prod Corp (1) Sales of Stocks on New York Exchange. 700,000 : Noon. 2,100,000 + 1,600,000 300,000 . tPartly extra. t year—no regular rat { Pius 8% 1n stocx. jPlus 50c in special préferred stock. nPlus 5% in stock. IMPORTS IS URGED By the Associa'ed Press. The Commerce Department has been asked by ofl prodcers of Kansas, Okla- | homa and Texas to request importers to desist from importing into this country any refined or by-products of crude ofl and to Limit their imports of crude to not more than 140,000 barrels per day. The limitation, under the plan, would be effective at once, to continue as longz | as the curtailed domestic preduct.on of 2,379,000 barrels daily and stabilization program is carried out by the principal oil-preducing States. The imporiers, who are said to be the principal producers in Mexico and South , America are also asked to limit produc- tio. in those countrics to not more than 551,000 barrels daily. ‘The oil men claim that while domestic production is now 200,000 barrels daily less than the market demand, and that the domestic output ras been reduced to ing leather is used less than the market demand for more | Delhi, Indi than two years, requiring 42,000,0000 A | barrels to be drawn from storage, there | has been no corresponding reduction of ! Imports. This nothwithstanding the im- ! porters have for a considerable time | indicated to donestic producers that as soon as domestic production had been | curtailed to meet market demands, | they would curtail imports so as to as- | sist in stabilizing the domestic industry Oil operators say it was understood | that the importers would reduce imports | this year by 25 per cent of the amount shippgd in 1930, effecive last April. 3 g Field Trials Planned. | HUNDRED, W. Va., October 7 (Spe- icial).—The seventcenth annual field rial and bench show of the West Vir- ginia Fox Hunters' Association will be held here during the week beginning October 12. Th2 Lions Club of Hun- dred 1s sponsoring the meet. | The great Jama Ma.;jld Mosque at | is said to be the lasgest| Exports of agricultural products from !'one in the world, Net. 4 % — % 4 2! anticipated as the F * | expanded con: *| " Exchange 47| Pot e | Pot 2 1¢ | Comme Dividend rates as given in the above table are the annual i | cash payments based on the latest quarterly or half-yearly declara- | 2MCr. Sec & Tr. Co sLess than 100 sha K. {Plus 8% Paid e Payable in cash or stock. 3Plus k Plus n SHORT-TERM SECURITIES. | (Reported by J & W. Selisman & Co.) Bid. Otfer. © American Tel Amer. Wat, Wis. & Baltimore & Ohio 4'.5 Belding Hemineway Co. 6 C 3 | Cleve. Lor. é& Wheeling 58 Colorado & Rwy. 4'25 Commercial Cradiv Co. 5'25 Delaware & Hudson Co. 58 . Denver & Rio Grande 425 Gen. Mot, Accep. Corp. 65 ‘ General Petroleum Corp. 5s General_Public Service 3'2s Grand Trunk of Canada 6s Houston E. & W. Texas 55 Humble Ol 8:.5 1932, ........ | Laclede Gas Light Co. 3s 934 | New York Cent. & H. 4s 1934 { New York. Chi. & St. L. 6s 1932 Noithwestern Tel. 425 1034... {Pa. R R _Co. 6'is 1936, X Poitland General Elec epublic Tron & Stecl Sinelair Crude Oll Co. 1 Southern * Pacific 55 1 St. L. LM.S. Ry R. & G. 45 | Uniion ‘01l Co. ‘of Calif.” 55 Union Elec. Lt. & Pow 55 | Virginia Rwy. & Power 8s | Wabash Rwy. Co. 55 1939, Estonia are greater than a year ago, IADVANCE IN BOND Market Surges Forward on Receipt of Hoover Credit Aid Plan. BY F. H. RICIIARDSON. Special Dispatch to The Star. NEW YORK, October 7.—The bond market today received President Hosver's credit relief pian with a surging ad- vance. Never before in the current bear market have domestic bonds made 50 unanimous an improvement, Avother significant phase of today's market was the uniformity of the gains, the vast majority of which ranged be- tween 3 and 4 points. Trading was in heavier volume than in recent sessions. Bonds advanced strongiy at the open- ing, encouraged by the administration’s program to broaden the country’s credit structure, Many oversold swiftly from their lo ecial strength, rie points. Missouri Pacific pamed 1'. to 3 points. High-grade carrier bonds like New York 4155 and 5'5s rose 1 to 2 points. In the industrials Goodyear 5s advanced 3 points and there were gains in Dodge Bros. 6e, United States Rubber 5s, Texas Corporaticn 5s and oth “oreign dollar bonds { Firm prices tuled in the British, Ger- | man and other European grou uth Americans were st 1es reboupded Rails shbwed 55 jumped 3 55 and 51a5 iy. [PICK-UP IN HARDWARE teh to The St K. October ble weather in most of the territories ed by the Nation’s | leadirz market centgrs, the hardware demand reflected considerable activity | during the pass weck, Hardware Age { will say tomorrow in its weekly market | summary. Fall are enjoving a fairly active demand for the first time this Autumn and further improvement is cison advances, from retailers 1 greater months n now buying in cope_with an nd. Cenfidence onding adequate g form to | through sh>ding pried quotat the re PARIS BOURSE PRICES. PARIS, Oct | cent rentes loane 101 f ber (T) —Three per 84 fran ve per cent centimes, Washington Stock Exchange 4\.\1.!.1\:;’ i 50 ot Elec. Con Wash. Gas 558 Wash, Gas €s A—$2 2t 100, Pot. Elec, % pid | 106, 10 2t 106, 10 AFTER CALL. 65 A—$100 at 100, $300 at 100, at 100, $200 at 100. Pot. Elec. 51.% pfd.—3 at 106 Bid and Asked Prices. at 102, 1005, $100 Wash.: C i Amer. Tel | Am. Tei ! Aracostin | PUBLIC UTILITY. | Amer. Tel. & Tel (9).... | Capital Traction Co. (4} Wash. Gas Lt Co (18 IN& W Ei | Pot. Elec. | Wash Ruwy. Wash. Rwy. pid : ¢ El com. (7 420 & El pid. 9312 NATIONAL BANK. Capital (14) | Columbi mped)’ w0 Dis (13, TRUST COMPAN (15)......*3 | Continental Trust ( Natl Sav. & Tr a2 rince Georses Bk i Uhlon Trust (. & Wash. Loan & €14 SAVINGS BANK. Bank of Bethesda (65) Com. & Savings (10). | East’ Washington (12).0 { Potomac (10). .. ... { Sec. Sav. & Com. B Seventh Stree United State: Washingion Mech 2 FIRE INSURANCE. American (12) | Corcoran (101 { Eiremen's | (3) | National Union (15). TITLE INSURANC] mbia_ (61 7 1 Estate (6h). A MISCELLANEOUS. Medical Bldg. Corp. (6) Sand & Gravel pfd. (% ©. Paper Mfg pfd ist. Natl. Sec. pfd mei. Bromo-Selz. A ederal Storage pfd Fed.-Am. Co. com. (1.20f Fed-Am. Co. pld. (6) | Lanston Morotyps (7 { Mer, Tr. & Sige com, (0} Mer. Tr. ‘& Sige. pfd. (7). Mergenthaler Linotype (6) ¢-Natl. Mtse. & Inv. pfd. (8) Peoples Drug Stores pid. (5! { Real Est” M. & G. ptd. (8) | Eecurity” Storave (de).. . | Ter. Ref. & Wh. Corp. (3). | The Carpel Corp. (2).... W. Mech Mtge. com Wash. Med. Bldg. Coip. Woodiward & Lothrop com. (1 Woodward & Lothrop p(d. ( *Ex dividend, bBooks closed, n23c extra. 130c extra, §17 extra. ella% extra. PRICES GONTINUES Central | were quieter. | DEMAND IS REPORTED [on sew vorx BONDS stoox excmance] | Received by Private Wire Direct to The Star Office UNITED STATES. (Sales Sales. Iib 3%s 32-47.. .3 Li1st4%s32-47 6 1. 4th 4% s 33-38357 1. 8. 38 1 5 209 US2%s'49.. 84 u s 40. 40 US33%s41-43., T4 US3%s543-47 24 1S 3%s46-56 10 U 'S 45 44-54 USA%s47-52 102 102 99 103 105 9 ADitibl P&P 55 °53.. Ab & St 5 43, | Alleghany Cp bs Allegheny 5s 49, Allegheny 63 '50., Am Chain 6s'33. .., Am F P 58 2030, Am 1 GChbls 49 Am Intl 538 49 Am Metal 5%s83 aTev4ls3y 17 AmT&T 5865, .. 316 {Am T&T ¢ tr s '46. 14 &T 535160, 49 43,00 48 Am Wr Pap 65 '47., Arpentine 51386 entine May '61.. tine 65 Ju'59, | Argentine 65 Oc'5: Argen 18 Argentine 65 B ‘58, Arm & Co 4%5°39., | Arm Del 512543 .. Atchison gn 4s Atchis ey 4 AUCLel4s At Gulf 53 5! |AuR |B&Oos B&O6s A B&OP&EWV 4541 H&OSwdy Bk of Chile Belgium 65 Beigium 65 | Bklyn Elev 6lgs. Bklyn Man 6s 68 Bkiyn Un Ist 55750, Buencs A 6s'61 Pv. Ludapest 65 6; HE Packing os '46 Canada 45 60 n NatJiy 4 nNatdizs” Can Nat 43, Can Nat 47s Can Nat bs Can Nat bs Can Nat 55 °50. ... Nor 6135 db ‘46 Can Nor 7s db 40. ., | Can Pac db 4s 0 tCan Fac 4izs 0., 544 11 Gaali 5851, Cent Fac 4s 4 Ches Corp os ‘47, C&Ug C&O %589, tP&P 68°'T5.. 77 c St P adj 5 WalsC {Chi& NWen Chi& NW g1y Chi RI&D Chi R1& Prf 4834 Chi RIcv43gs 60 ChiRI& P 48’52 H ine 6560 Chi Un Sta 4135 '63. 1 C& W Ind cn 4s Cé& W Ind 5%s 6; *hile 65 60, ‘lev Term ologtié ‘olomb 6s Jan '61.. ‘olomb 65’61 Oct. "olo & Sou 413833 “0io & Sou 4135 "0l G&E os May . 1 G&E cou 55 61, Com Inves 5128 49, 40 Con G NY 4135 Con G 3 Con PwrJap 63%s.. 11 Con Pow Japan 5 Consum Pow 5s . Copenhag 4145 '53.. Copenhag bs Cuba 5%s Cupa RRrf Cuba Nor 5 | Caecho 85 '51 Del Pwr&L 41871, Del & Hud rf 4534, iDel & Hud 313 Denmark 4 Denmark 65 '42 Denv: D& RC iD& RG W 58'55.. Det E G&R4%8'61. Det Edison rf 55’49 { Deutsche BK 6s'32, Dodge Br cl 6s'40., Duquesne 4128 "67. Dutch East I Mar. . Duteh East 1 Nov.. Duteh East I 6547, Dutch East 1 6852+ st C Sug 77837, ie 1=t con 45 '96.. Finland Finland Finland | Fisk Rub 85 *41 Fla E Coast §s " Fram | D 71542, French'7s" French Gelsenk'hen 65'34. . Gen Baking 5%s 40 Gen Cable 5%5 '47. Gen Motors 6s'37.. Gen P Sv514s'39.. Gen Th Eq 6340 German 5% "6l German Bk 6s'38. . Ger Cen Bk 6s'60 J Ger Cen Bk 6360 O German 7s rep 49 German Bank 7s ‘50 Ger Gen EI 78'45. .« Goodrich cv 65 *45.. Good 1st 6125 "47 Goodyr Rub 6#'57.. 45 GrandTr sf db 65'36 27 8 10 6 100 24 100 24 100 24 Low. e in $1.000.) High, 101 11 101" 5 101 2:55, 5 101 28 102 20 97 28 14 97 16 99 102 7102 7 97 18 99 100 16 100 16 100 14 100 14 100 14 100 14 102 28 102 28 8 10422 104 22 370 . 47 114% 10 117% 45 94 57 43 100% 89% 15% 37 317 20 46 37 34 1021y 49 101 a3 17% a2 1001, 3 993, 106 66 THl 10215 60 67 36 48 293 105 98y 90 10115 70 79 901, ORTy 2 29 99% 105 821y 811y 102 e 90% 941, 921y 10 764 39 47y 48 25% s 20 114 u7 43% 93 52 991 891 14 34 44% 44 41 57 44 55 434 68 109 4 108 24 109 Bales” Hich. Low. 2:33 33 91 30 102 19 921y 101 104 101% 107 66 Thl 10215 60 67 981 a0 1011 TN 805 204 72 30 100 1051 83 8214 103 9014 90y 941y 93% 10 T2 584, 53 54 76 9 477% 48 25 T4 20 114 17 43y 94 52 100% 89% 15% 37 44y 44 41 58 44 55 47 n 8013 97 Grand Trunk 7s'40. Grt Nor 4148 '76 D. Grt Nor4%s'17E. Grt Nor gn 63852 Grt Nor gn 75'36.. Greek 65°68. Hav El Ry 5% Hock Val 4755 " Hud & M adj 5% ‘57 Hud & M rf 55 '5 Humble Oil 55 '37, Hwmble O 51,537, Hungary 7%s "44. .. 1Tell 5556 t4s°53.... 111 Cent rf 45 111 Cent 4% 111 Cent 6155 '36. Tl Steel 435840, Inland St 4% s A'78 Inland St 4155 B'S1 Int Rap Tr 55 '66. . Int Rap Tr sta '66. . pTrés'32 PTrin32... ment 55 48 . Int & G N ad 6852, Int Hydro E1 65 °44. Int M Co 58 ret’41. Int Match 5847, Int Pap 58 A *47. Int Pap 65’55 INtT&T4%s Int T&T cv 4%45'39. Int T&T 6855, Ttaly 78'51. Italy Pub § Japanese 54 Japanese 6328 '54. . Jugosl Bnk 78 '57.. <an CF{S&M 4536, an City Sou 3s'50. Kan City Sou 68'50. Kan City Ter 45'60. Kan G&E 415580, Karstadt 6s 43 Kend 5128 48 ww Kresge Found 65'36 Kreug & Toll 65'59. Lackaw St 58 Laclede 5355 Laclede 53,5 D '60. Lake Shore 2155 '97 Lautaro Nit 6s '54. Leh Val cv 45 2003, Loew's 65 ex w '41.. Long Isl rf 4543, . Lerillard 5 3 Lorillard 5%s '3 Lorillard 7s ‘44, la & Ark 5560, Lou G & El 55’52 L&N 15t 5155 2003 Lyons 65 '34. McKes & R5%s" Manh Ry 1st 4590, Market St 7s°40. .. Marseille 624, Mex 4= astd 1910°45 Mexico 5 A *45 Mich Cen 4155 " Midvale Stl 6s Milan 6158 ' Mil El Ry&Lt 5571 M StP&SSM en MK &T 1st 4s MK & Tadj 5s° MK&T prl Mo Pac gn 4= Mo Pac 5. Mo Pac 5 Mo Pac 55 G 78, Mo Pac 55 H 'S0, .. Mo Pacrf 5s'81. Mo Pac 5138 A 49 Mont Pow 5s '43 Montevideo 6s Montevideo 7s Mor&Co 1st 415339 Nassau Elec 45 51, Nat Dafry 53,5 ‘48, 3 MAatos 57 X Eng T 15t 58 '52 N OT& M5s X Y Cent 448 N Y Centdb 4s Y Cent 41352013, Cnrf4lks 2013, rfim 58 2013, N d 15t 614541, LH&P 4549 48, T&H 425867 NYNH&H clt 6s'40. NYNH&H cd 65'4 NY Tel 414 y NY W&B 415846, Nia Sh Md 514850, Nord 633%"50. Nor & Wn cv 48 '96. Ko Am Co 55 '61 Nor Am Ed 58" Nor Pac 3« 204 Nor Pac 4= '47. Nor Pac 4155 2047 Nor Pac r16s 2047, Nor St Pw £s A "41. Nor St Pw 63 B '41. Norway 55°63. Norway i35 ‘65 Norway 654 Norway £ '44. Norway 6s '52. Ogden&T, Ch 448, Oreg-Wash 45 '61. Orient dev 51, Orfent dev 65 '53. Pac G&E 5s 42 Pac T&T 1st 58 '37. Pac T&T rf &s Pan-Am Pet 6s ‘34 Pan Am Pet 6s '40 Paramount 6s°47.. Paris-Ly M 68 '58. . Paris-Ly M 7, Paris-Or 515 Pathe Exch 75 '37 Penn 4s D 81.. Penn cv 41860 Penn gn 4138 °65... Penn 44870 Penn 5864 Penn gen 6. Penn 6345 '36 Tenn O&D 4% Penn P&L 41 Peoples’ Gas 5. Pere Mar 4135 '80. . Pere M 1st 55 '56. . Peru 6s'60 Peru 6s'61.. Peru 7s '59 Phila Co 55 67 Phila Elec 4s°'7T1 Phil & Read 8s Phillip Pet 5% '33. Philippine R 4s'37, Pillsb F M 65 '43. PCC&StL 4%877.. PCC&St L 58 B ‘75, P& W. V418 C60. Poland 6s°40. Poland 7s '47 Poland 8s°50. Port Gn El 4 Porto Alegre Por RAm T 6s'42. Pos Tel & C 5s'53. Prague 738 '52. Pressed St C 58'33. Prussia 6s 5 Public Serv 4 1 Pub Sv G 4168 '67 Pub Sv G 4%s°70 Pure Oll 5% Queensiana Queensiana 7 Reaa gn 4% Reading 4% Read Jer Cn Rem R5% Rhinelbe 7 Rhine West Rhine West 6s Rhine West RIAr& L 4%s'34. Rome 6148 °52. .. Roy D 4s°45 ww. StL IM R&G 4s'33. St L&SF in 48 A '50 StL&SF 4%s'78 StL&SF p15s B '50 St P Un Dep 55 '72. StLS W 1st 45’89, StLS W bs'52, Sales, High, Lo 13 b2 8 e m B ~D 00 aaa —~ARBR = 10 FINANCIAL E 451 5314 14 17% 15 28 5% 66% 8% 85 50 32 hR14 101 6l 61 v 4 45 424 SEASONAL ADVANCE <N TRADE 1S SLOW 9.’ 8RR 100 s3% | Commerce Department Finds Business Is Extremely Dull Throughout Nation. 104% | The Commerce Department, in its 25,, | pusiness situation summary, laid fts econemic cards on the table with a flat statement that “business continues ex- tremely dull, and the seasonal increase which usually occurs at this time of the year has been slow in developing.” ‘The summary, based on weekly data through September 26, and monthly data through August, said the most en- couraging feature of the month was the continued stability of wholesale prices, the indices of which have remained sub- stantially unchanged since June. Reserve bank credit outstanding in- creased sharply during August, the sum- mary pointed out, primarily as a resuit of continued currency withdrawals and the transfer of an additional volume of foreign bank funds from the money markets to deposits in the reserve barks. Changes in money rates were reported as negligible, and the market was char- acterizea by continued ease. ‘Weakness in Market Further summing up the financial situation the summary :aid: Stock prices in August fluctuated within & narrow range, but in Septem- ber mcute weakness carried the market below the June lows. Bond prices have also been reactionary. Gold holdinzs advanced in August, but more recenuy important amounts have becn placed under earmarks for foreign account #s the result of the unscttlement abroad. ‘New capital issues were relativelv small. Commercial failures in Augu-t decreased, both in number and liab! ities involved, but bank suspensior were more numerous and the deposits affected were the largest since last De- cember § The summary said industrial produc- tion in August receded slightly from the July level, and the adjusted index XPI} below that of Jast Decembe:. Declines of about equal proportions in manufac- {turing and mineral production caused he gencral index to drop 3.6 per cent pelow July and 12 per cent below Au- ust, 1930. Recession during the month was pro- ! nounced in the iron, steel, automobile land petroleum industries. ~Activity in major lines of consumers’ goods ‘rr\n- tinued on a relatively fa: orable plane, resulting in pay roll gains in textile, fond products and leather industries. The sdjusted employment index was slightly below July. while the unad- | justed index of pay rolls was nnchanged. “Continued weakness in the general banking situation.” the financial report of the suryey said flected in th new capit: S considerably the record 1o of the vea estate bonds. thouzh s monthly level, thowed a m crease cduring August over those in the preceding month. Total dividend and interest pavments fell below those of any preceding month of 1931, but were only 3 per cent less than in August, 1920." 57 47y 8515 29y 8Ti4 85 57 5614 26 Issues of long-term real 1007 1051 40 29 10 9% | K51y | 9R 83 83 92 Money Rates. The survey said that average money rates showed no change during August. Despite a net import of gold during August, the reserve ratio showed the sharpest drop for any month this year. The decline was due to a sharp in- crease in the reserve bank liabilities, | especially tn the note circulation In commodity prices the survey said that in August the wholesale markets’ advances of 7 per cent in prices of fuel and lighting materials and_ slightly higher prices of food were reflected in | the combined index. which registered an advance of 0.2 per cent, the first rise since September. 1930 Department store sales during August { were 12 per cent less than in August, 1930, while the total volume of con- | struction contracts awarded continued to decline during that menth. although building construction in several sec- tions of the country registered a slight increase. On the Persian Holy day_of Mohar- ram. no one must use perfume, wear cclored garments, or even laugh audibly. Sales. Hizh. 10 16 San A & AP 4s'43. Sao Pau 75’40 ret.. Saxon P W 613 Saxon 7s '45. . Seab A Licv 65’4 Shell U'n Oil 55 '4 ! Shell Un Oil fis 43, Shinyetsu 613552, Skelly Oll 5138 '39. Sinclair O11 614 8" Sinc O 7scv A '37.. Sine Cr O 5145 '38.. Sofssons 6s '36. Solvay Am s 42 Sou Bell T&T 55 '41 12 SW Rell T 55 A Sou Pac col 4549, Sou Pacref 4s'55.. 3 Sou Pac 4158 '68... 51 Sou P 413569 RO RARAmLLT A0 10415 1040 5594 u Ry 61585 OIlIN J 5846 StOIIN Y 4% Sweden 5148 " Swiss 5138 '46. Tenn E1 P 65 A "47. Texas Cor) ! Tex & Pac 4s B Tex & P Tex & P 55 D '80. Third Avref 4s " Third Av 1st 55 '37. 2 Third Av adj 58 '60 119 Toho El Pw 65 '32 Toho El Pw 7s '55. Tokio 5%5 '61. Un Pac 1st 4847 Un Pac 45 '68 Un Pacrf 4 £ 4.3 Unit Drg cv 58 '53.. 23 Utd King 5%45°37.. 69 U S Rub 1st 58°47.. 11 UnStW 648 AT, 7 Ud St W 6% sA'51.. 5 Uruguay 6s°60.... } Uruguay 8s 8. ... Utah P& L 5344, . Utll Pw 55 59 ww, Uil Pow 5%8'47.. 14 Vanadium St 58’41, 14 Vert Sug 1st 7542 Vienna 62 52 i Va Ry & Pw 5534, VaRy 18t 55 '62. .. Wabash 4%s°78. .., 'abash 1st 5839, bash 58 B ‘76 bash 55 D '80... 1worth 6s A "45. 3 rn Br Plc 6s'39. 1 5 3 3 69 58. . Wst Sh 1st 45 2341, West E1db 5s"44. . West Md 45 '52 West Pac 58 '4 Union 58 '31. Union 6s '60. Un 63536, WEO5%8°37 ww W1l & Co 1st 6541, Yokohama 6s°61.. . 1 Ygstn S&T 55 A8, 33