Evening Star Newspaper, November 1, 1931, Page 70

FINANCIAL, FINANCIAL. STOCKS ARE FIRM IN PROFIT SELLING URGED AS METHOD OF FREEING CREDIT ~——1981— Stoek and Bales— 39% 20% Owens 1l Glass (3).x 3 2614 1% Pacific Coast 2d pf. 1981 FOR WEEK ENDING OCTOBER 31, 1931 i and Last Low. Dividend Rate. Add 0. e gartofete | 22% 10 Clark Equipment(1). Average price of 36 stocks. 9605 9251 7007 | 80% 63 Cleva Pitts (3%)... Same period a year &zo. 2 Dividend Rate. 68% 19 Houston Ofl........ 4 Houston Ofl (new).. 12 Howe Sound (2).... 27 Hudson & Man (3%) 55 Hudson Man pf (5).. 294 42 445 7814 (3 1 Total sales.... '-Ihll Prove Exception to ;u General Market Tone. | at maturity. t, 1931, by the North American Newspaper Alliance, Inc.) COTTON VALUES RISE DESPITE SELLING Early Advance Nearly Wiped Out, However, by Week End Offer- ings of Spot Houses. P an further strength e thart i1 pEg: il i %3 By the Associated Pres: NEW YORK, October 31—Trading in cotton was comparatively active to- day and during the greater part of the sesslon prices were firmer on week end covering and trade buying. Southern selling and realizing, how- ever, caused a last-minute reaction and, after advancing to 681, the January position declined to 6.70 and the gen- eral market closed barely steady and o be negotiating with their wi for a voluntary and tem; i | 3 The market oge nnu hlfl:’r and early in the day was the ber price, after advancing 11 points to 6.74, reacted to the closing level of 6.63, and prices L e financing of 500,000 bales of cotton for export by PFrench interests were pro- and gave hopes of favorable attracted considerable in- 600 FIRMS TO PAY DIVIDENDS MONDAY More Than $1,200,000,000 Is In- volved in Turnover of In- £ BY U. S. IS OPPOSED Federal Reserve in its efforts accumulation of i gold in i H slis i | 3 | £ £ el i il “Since the end of the year,” says J. Lewis of this firm, “France, the United States, Holland and Switzerland hnwmmummm there has been a from the other i i ‘The United States Treasury balance announced tocay as close of iness October 29 was $297,000,003.41. Cus- | toms receipts for the month to date | were $32,799,505.04. Total ordinary ex- | 1,747,353 931,085 2,378,200 10,816,406 $48,352,000 $24,386,000 2% 2-3% 2%-3% $20,625.000 2159 3-415% 39,5 GENERAL BUSINESS ACTIVITY for the country indicated by Bank Debits York Citr. Shaded areas sbow weeks of activity above the corresponding woeks @revious year. Black areas indicate declines from same weeks 12 months earlier. ACTIVITY BY FEDERAL RESERVE DISTRICTS. mlhmu-mmm-m---num —12% Stocks sold 1a 100-share —i— High Low. 14% 52 106 234 2% 6% 27% 1043 874 80% ® period a °. Beock Rate Dividend 2% AbItibi Pwr & Paper 5 Abitbl Pwr&Pap pf. 100 Abram Straus pf (7) 7 Adams Express (1).. 22% Adams Miilis (2).... 52 Alr Reduetion(t4%) 1% Airway Elec Appl. .. 7 Alaska Juneau (40¢c) 3% Aliegany Corp. Alleg Cp pf $30 ww.. n 114% Allied Ch&Dye pf(7) 14 Allis-Chalme: 8 Alpha Port C 6 Amal Leather pf 13 Amerada Corp (2)... 5% Am Agri Chem(Del). 18 Am Bank Note (13)., 1'% Am Beet Sugar. & 21% Am Brake Shoe(2.40. 95 Am Brake 8h pf (7). 71% Am Can Co (15). 134% Am Can Co of (7) 9 Am Car & Fary (1) 40 Am Car & Fdy pf (1) 6% Am Chain 41 Am Chain pf (7). 31% Am Chicle (13) 5 Am Colortype. 5 Am Comel Alcohol.. 3% Am Encaustic Tiling 9 Am European Secur. 10% Am & For Power. 40 Am & For Pwr pf(6) 45% Am & For Pwr pf(7). 25 Am & For Pwr 2d pf. 4% Am Haw St'ship (1). 1 Am Hide & Leather 8% Am Hide & Leath pf. 37 Am Home Prod 4.20. 60 Am Lo'motive pf (7) 16 Am Mch & Bdy 1.40 1% Am Mach & Metals 1% Am 35 Am News (13% 5614 Am Pwr&Le ptA(4). 54 Am P&Lt pf A st(5). 7 Am Radiater (60c).. 27 Am Safety Razor (5) % Am Ship & Com..... 20 Am Shipbutlding (5) 19% Am Smitg&Ref (1%) 61 Am Sm&R 24 pf(6).. 98% Am Sm & Ref pf (7). 70% Am Steel Fdry pt(7) 36 Am Stores (12%) 33% Am Sugar Ref (5). 90 Am Sugar Ref pf (7) 414 Am Sumatra Tob. 121% Am Tel & Telex (9).. 75 Am Wat W 1st pf(6) 3% Am Woolen Co. 20 Am Woolen Co p: 5 Am Writ Paper ctf: 2% Am Zine & Lead. 28 Am Zinc & Lead pf. 12% Anaconda Copper.. .. 13% Anaconda Wire & C. . 13 Anchor Cap (2.40). .« 5% Andes Copper. 8§ Archer-Daniels ( 95 Archer-Dan pf (7). 20 Armour of Del pf ( 1 Armour of 1l (A). % Armour of Il (B) 6 Armourof Il pf. 314 Arnold Constable. 4 Artloom Corp. .. 9% Art Metal (80c). 55 Asso Dry G 2d pf(7). 9% Associated Oil. 9% Atlantic Refining (1) 20% Atlas Powder (4) 78 Atlas Powder pf (6). 5 Atlas Stores (1). 843 Auburn Auto (£4). 3 Autosales... 215 Aviation Corp (Del). 6% Baldwin Locomotive Beatrice Crm pf(7) 3714 Beech-Nut Pkg (3) 1% Belding-Hemingway Bendix Aviation (1). Best & Co (2).. % Bethlehem Steel (2). Bethlehem Stl pf (7) 4 Booth Fisheries. Borden Co (K3)..... Borg Warner (1) Boston & Maine RR. Briges Mtg (11%) Briggs&Stratton Brockway Mot Trk Brockwsy Mot Tr pf Bkiyn Union Gas (5 32% Brown Shoe (3). 3% Brunsw-Balki 2% Bruns Term & Rw; 7% Bucyrus-Friecv 21 Budd (EG) Mfg 44 Budd Wheel (1) 4 Bullard Co. 4% Bulova Wa 3 10 Burrough A M(11%) 15% Bush Terminal(23%) 52 Bush Term deb (7).. % Butte & Supertor 4% Butterick Co. . 12% Byers (A M) Co. rs (A M) pf (7). if Packing (2). % Callahan Zine & Ld 314 Calumet & Hecla 14 CanadaDry G A ( 11 * Canadian Pag 5% Capital Admin (A) 334 Case (J 1) Co. 53 Case (J 1) pf 11% Caterpillar Trac 4 Celanese Corp. 1% Celotex vtc etf: 82 Cent RRof NJ. 2% Century Rib Mill 9% Cerro de Pasco (1 lots except these desirnated by and Sales— 242 19 13% + % 2l —% 80 4+ % 5% + W 125% —-T% 1% — % 8413+ 10% | 16% + % 6% — % FEE FEEEREEV Ban & £7% Colg-Palm-P pf (§).. 7% Collil Alkman. 71 Collins & Atk of (7). 7% Colonial Beacon. 84 Colo Fuel & Iron 45% 16% ColumbG & E (1 76 Col Gas&El pf A <8). 83 Columb Carbon (4).. 8 Comm Credit (1.60° 20 Comel Credit A (3). 16 Comel Cred pf (1%). 55% Comcl Cred 1st(634). 15 Comel Cred pf B (2). 15% Comcl Inv Trust (2). 99 Comel InvTr pf 6%. 100 Com Inv Trust pf(7) 70 Cemm Inv cvpf(e6). 9% Comel Solvents (1).. 4% Comwlith & Sou(30¢) €8 Cnm'll’lflou ot (6) 14 Conde Nast Pub (2).. 6% Congolm-Nairn (1).. 74 Congress Cigar (1).. 62 Conn Ry&Lt (4%) 20 Consol Cigars (5. 46 Consol Cgr pr pf 2 42 8 x 808 . 4 % . 4308 48 Con Cer pr pf xw 6% 1508 56 Consol Cigars pf (7). 3% Consol Fllm.......v T% Consol Film pf (2).. 61 Consol GasN Y (4).. 93 Consol Gas NY pf(5) 914 Consol Laundries(1) 20 ConsolRwysDf (6).. c Corn Prod pf (7) 3% Coty Inc...... 20" Cream of Wheat 123 10% Crex Carpet........ 25 Crown Cork pf (3.70) 2 Crown Zelle: 22 Crucible Steel. . 45 Crucible Steel pf (7) K Cu: Cane Products. Cuban-Am Sugar pf. Cudahy Packing (4). 70 Cushmans pf (8) 12% Cutler 4 Davison Chemica! 13% Deere & Co pf (1. 157% 93 Delaware & Hud (9). 102 29% DelLack & Wn (2).. 45% 9 Denver&RG Wof.. 195 112 Detroit Edison (8).. 19% 11 Devoe & Ray A(80c). 12% Diamond Match (1). 22% Diamond Mtch pf 1% 6% Dome Mines (1)..... 11 Domn Stores (1.20).. .10 Doug Afrcraft(t1%) 12% Dresser Mfg B (2)... 42% Drug Corp (4).. % Duluth S S & Atl 3 Dunhill Internatl. 10 Duplan Silk (1)..... 1 538% Dupont de Nem (4).. 124% 106 Du Pont de N pf(6).. 107% 96% Duques Lt 1st pf (5) 23 " 21 Durham Hoslery p 3 Eastern Roll Mil It 93 Bastman-Kodak (18) 135 121 Eastman Kod pf (6). 7% Eaton Axle & Spr(1) 35% Eitington-Schiid pf.. 20 Elec Auto Lite (4).. 56 Elec Pwr & Lt pf(6). 66% Elec Pwr&Lt pf (7). 29 Elec Storage Bat (4), % Elk Horn Coal pf. ... 35 Emporium Capwell. % 30 Endicott-Johnson(3) 102% Endicott-John pf (7) 21% Eng Pub Sve (1.60).. 50 Eng PubSVepf (5). 60% Eng PSptww (53%). 184 Equit Office Bldg 2% 10% Erfe RR....coveere 13% Erie RR 1st pf (4) 12 Erie RR 24 pf. 2% Federal Screw Wk 64 Fed Wat Sve A(1. 13 Fed Dept Strs (25¢). 22 Fid Ph Fire In(2.60). 85% Filene's Sons pf 6% .. 13 Firestone T& R (1). 50% Firestone T&R pf(6) 41 First Natl Strs (2%) 3% Fisk Rubber........ 1 Fisk Rubber 1st pf.. % Fisk Rub 1st pf conv 5 Follonsbee Bros..... 10% Foster Wheeler (1).. 3% Foundation Co...... 18 Fourth Nat Inv mbée 5 FoxFilm (A)....... 43% 134 Freeport-Tex (3). 6% 1 Gabriel Co (A) 60 20% Gamewell Co (. 3% Gard: Motor.. 2% Gen Am Investo; 38% Gen Am Tank Car(4) 408 11 1008 13 ) * 24% Gen Electric (1.60).. 1. 114 Gen Elec speo (60c).. 30% Gen Food Corp (3).. 215 Gen Gas&El A (e30c) 30 Gen Gas&El pf A(8). Gen Gas&E cv nr(:)‘ 48 103% 10% Gen Motors pf (5)... 31 Gen Outdoor Adv.... 28 5% Gen Outdoor Adv(A) 23 4% Gen Public Service. 84% 221 Gen Ry Signal (5)... 114 100 Gen Ry Signal pf (6) 1% Gen Realty & Util... 17 Gen Reclty & Util pf. 15 Gen Retractories (1) 1% Gen Theatre Equip 914 Gillette Saf Rasor. 1% Graham-Paige...... 5% Granby Con Min (1). 3% Grand Silver Stores.. 7 Grand Onion........ 311 Grand Union pf (3).. 14% Granite City Steel(2) 25% Grant (W T) (1).... 20 Great Northn pf(4). 12 Great Northn Ore(2) 5% Great Western Sug. . 80% Great Wn Sug pt (7) 1% Grigsby Grunow. 6 Gulf States 24% Hackensack W (1 264 Hacken Watpf A 2% Hahn Dep! 25% Haba Dpt 11 Hall (WF) (1.20).... 7 PL(T)... 17% Harb & Walker (1).. 2 Hartman 1 42 12 Hawailian Pineapple. 8 1% Hayes Body Corp. 100 60 Helme (GW) (17)... 18 9% Hercules Mot (80¢).. 58 33 Hercules Powder(3). 119% 103 Hercules Pow pf (1) 103% 71% Hershey Choe (5)... 104 80 Hershey Choc pf (15° 37 17 Holland Furn (12%) - SR e A - £ s = 114 o 9% 18% 1 31 57% 80% 126 1234% — 1| 115% 111% KC P&L 1st pf B(6). 45 36% 8T% 4% 18% 011 e 554 6315 23 6% 4 54% 21% 102% 5 lg 1 19 52% 25 36 51% 29 Sfiiff*. o= 26% Lb++t i+ L1+ FEFEF *o 1 !#L 39 87 444 58 0% 111 6% 24% 20% 8% 60% 1% 19% Bt 26 6% kil 584 694 88 1% nix 107" & H 1 T i 105 Johns-Manv pt (7). 125 118 Loose-Wiles 1st (7). 125% 108 Mathieson Alk pI(7) 120% 102% 217 112 Norf& Westn (112). 93 7% Hudson Motor (1) 3% Hupp Motors....... 18% Illinofs Central..... Ilinols Cent pf (8).., Ilinois Cent 1] (4). Indian Motor Cyel Indian Refining . Indust Rayon (4)... Ingersoll Rand (4).. Ingersoli-Ran pf(6). Inland Steel (2)..... Inspiration Copper. . Insuranshares Del A Insur Shr(Md) (40c). Interboro Rap Trans Intercont] Rubber, Interlake Iron 4 In. Agricultar Int Agriculture p! Int Bus Machine(n§) Int Carriers,Ltd 50c. Int Cement (4). Int Combustion. Int Combustion pf... 4 Int Harvester (214). Int Harvester pf (7). Int Hydro E1 A (e2). Int Match pf (4). Int Nick Can pf (7) Int Paper pf... Int Paper & Pwr % Int Paper & Pwr (B) Int Paper & Pwr C. Int Printg Ink pf (6) Int Rys of CenAm pf 4 Int Silver pt ((7) Int Tel & Tel (1). Tat Dept Stores (2).. Interst D S pf xw(7) Investors Equity.... 8 Intertype Corp.... % Iowa Central RR. 15% Island Creek Coal(4) 24 Jewel Tea (4) 2914 Johns-Manvill 99 Jones & Laugh pf(7) 84 Kansas City Southn, % Karstadt (Rudolph) . 8 K’'mann Dept Strs(1) 8% Kayser (J) & Co (1). % Kelly-Spring Tire 10 Kelly-Spr T 6% pf.. 5% Kelly-Spr T 8% pf. . 3% Kelsey-Hayes Wheel 6 Kelyinator Corp. ... 20 Kendall Co pf (6)... 10% Kennecott Copper(1) 10 Kinney (G R) Co.... 15 Kinney (G R) Co pf. Dept Stores. (S8) (1.60). (SS) pf (7. 5% Kreuger & Toll 1.61). 18 _Kroger Grocery (1) 40% Lambert Co (8) . 1%. Lee Rubber & Tire.. 6% Leh Port Cement.... 82 Leh Port Cmt pf (7). 3% Lehigh Valley Coal.. 18 Leh Val Coal pf (3). 17% Lehigh Valley R R. .. Libbey Owens Glass. Liggett & Myers(15) Ligg & Myers B (15) Ligg & Myers pf (7). Lima Locomot (m2). 20 Link Belt (1.60)..... 15% Liquid Carbonic (2). 274 hoew's Ine (3)...... 70 Loew’s Inepf (6%).x 2% Loft Inc % Long Bell Lumb(A). 35% Loose-Wiles (13).... 10 Lorrillard (P) Co... 1767% Lorrillard (P) pf (T) 1% Louistana Oil....... 0 Lou Gas&E1A (1%). §<m Louis&Nashville(5). 5% Ludlum Steel....... 2115 Ludlum Steel pf. 15 McAnd & Forbes (2). 17 McCall Corp (2%) ... 174 McCrory (B) (2)...s 13 McGraw Hill (1).... 12 Melntyre Porc M(1). 881% McKeesport T P (4). 7 McKesson & Rob (1). 19 McKes&Rob pf(3%) 21 McLellan Stores. 15% MackTrucks (2).... 53 Macy(RH)& Co(n3)., T4 Magma Copper (1),. * = @ o S-E382. 9% ManhatElev mod gtd 124 Marine Midld (1.20). 11% Marlin-Roekwell (2) 1% Marmon Motor Car. . 13% Marshall Fleld (2%) 1% Marth Parry....... 143 Mathieson Alkill (2) 24% May Dept Strs (2%) 1% Maytag Co....... 5 Maytag Co pf (3). 18- Melville Shoe (2). 2 Mengel CO......on0e 46% Mengel Co D (T)...s 2% Miam) Copper....... 5 Mid Continent Petm. 7 Midland Steel (3)... 35% Midland Steel pf (8). 21 Minne & Hon Reg (3) 1% Minn Moline Pow. 14 M StP & SSmlsd ( 5% Mo Kan & Texas, 9 Mohawk Carpet. 16% Monsanto Chem(1%) 8% Montgomery Ward. . 31 Morrell (J) & Co(3) 68 Morris & Essex(3%) % Mother Lode % Motor Meter 15 Motor Products (2).. 6t Motor Wheel (1) 8% Mullins Mfg. . 22 Mullins Mg pf..... 11% Munsingwear Inc(2). 5 Murray Corp 37% Nat Biscuit (2. Nat Cash Reg A 1 Nat Dairy (2.60) Nat Dept Store: Nat Dist Irod (2)... Nat Enam & Stamp. . Nat Lead pf A (T)... Nat Lead pf B (6. Nat Pwr & Lt (1). Nat Steel (2). Nat Supply Co Nat Supply pf (7)... Nat Surety (2) Nat Tea (1), . Nev Copper (80¢).... 144 1814 ¥ Chicago & St L. Chi & StL pf. N Y Investors.... ¥ H & Hart (4).. NH&HPL ()., Ont & Western. , Shipbuilding. ... 2Zz 72 v o " 1 1 30 12 z = 9% N Y Steam 1st pf(1). 1208 10 Noranda Mines...... 74 24 Norfolk &Southern., 1 24 % Norf & Westn pf (4) x 60s 31 North Am Aviation. 165 26 Nor Amer(bl0%stk) 910 North Amer pf (3) 2 19% Northern Pacific 3).. 13 Norwalk Tire & Rub. 6% Oh'o OMl. ... 1% Omnfbus Corp. . 13 Orpheum Circuit pf, 2014 Otis Elevator (2%).. 3% Otis Steel. .. 16 Otis Steel pr Co(4)een S 4 ‘55 43 Outlet 564 4% 553 . 113% 108 OutletCopf (7). 7 249 708 108 870s 102% 100 80a 1 20 i & 2 3% 10 40 10s 11 7 1 BanBRE 885 Fumn antiuss - % 21% 31w 30 35% 29% 108 12 111% 21% 118 23 10s 101% 101% 711 183 89 4 8% % 2 19% 36% 9% 119% 4% 12% B1% 1% 23 - 180s 100 \ s 2 Prresesss +1LE LL #"2% ¥F # 9614 1021 1204 101% 55% 24% 61 34% - §380878y; 53899583 335855350 2.gangie E2g.2seas HLH e R T S TR B T MU b 6% 11% 4% 45% 24 17% 62 35% 23 56 43 the Exchange. 21 Pathe Exchange (A). 4% Patino Mines, s 22 Penick & Ford(11%) 28% Praney (J C) (2.40). 90 Penney(IC) pt A (6) 1 Penn Dixie Cement 294 Penna Rallroad (2) Peop Drug Strs (1) 81% Peoples DS pt (834) 129 ' Peoples Gas(Chi)(8) »r ot 434 Petm Corp of Am(1) 614 Phelps Dodge Co. Phila Co ¢ 3% Phila&Reading C & 1 9 Philip Morris&Co(1) 11 Phillips-Jones Co. .. 37% Phillips-Jones of () 5% Plerce Oll % Pl 4% Prod & Refiners pf, . 517 Publie Sve NJ(3.40). :; Public Sve NJ pt (5) 84% Pure OIl pf (). 4 90 103% 5 137 1 124 Purity Bakerles (2). 6% Radio-Keith-Orph A. 15 RRSecICstk C(4). 12 Rand ‘“n-(m“"o) 2 i HHH FEE ki 20% Tex Gulf Sulphur(3) 2% Tex Pacific Coal&O1l. 4% Tex Pacific Land Tr. 5 Thatch 14% Thompson (J R) (1) 6% Thom) 3 Tri-Contl COrp...... 51 Tri-Contl Corp pf(6) 24% Trico Products(3%). Tl Truscon Steel (60c). 3% Twin City Rap s 19 Twin City R Tr pe(1) 27 Glen & Co. .. 24% Under El 7 o';z Union Bag & Paper. !.5.;38..;::55:3 ~E8nyBBIERRETS B 0o h Sotey BaBe s, 820 BEEE FES 3ER - BacEapu -5 ai!’:‘asn"‘ggfifllafl U] 1 R | R o fa2al - 8 = Son RpEsEEt Fa2 & ~gEre Bt 113 3 i 4L * "8 rexks L ’—u. 2% 5% g SpaBlegacy®y ERgEEEITER ke Muakleco gty seugeysaE 59335 1S Eieiae 2avBEaE oo He, BO0 Ty alaEe 88 1015% 136 $858aet.5 Fa Ll - b = it - A o L - & by b $3yey reiisi=tge o B8e38unnp s aButad Blee. eobi o8t es 3%l oE e 33 3!!::‘ "3 PR TECE TR MR LA T LT L] ++ aay LLELIebtr+itny - o I+ PV Pe™ 2 14 +4 244410101 - @ 1+l Il:| rec eeSe = 102 186 T TR S S L MR e L+ - + g* L8 & pRy = & A% #id ¥ 11 B 41 ¥4 (3 F AR TR T sax TEseress 22 85 LUl B0 + - v ¥ i A 3 4 & Fres g E8283 s it % o 2 £ s *5 Flad LHLIEI AL Sl ke L WA [Rregl BEEEE A e EEE gx2 s i P 3 " ¥ it ol i 53 - 3 b