Evening Star Newspaper, December 3, 1931, Page 14

A—14 *xs 7 { T NGTON, B. C. [ : 1031, FINANCIAE, COMMODTY BUYING [~ NEW YORK STOCK EXCHANGE | TRADING INBONDS | (= o BONDS o] DECLINE I TEEL 111 Cent 4 2 3 3 3 Stock and Bales — Snider Packing.....4083s 1 1 1 3 3 2 9931 9926 i CCS(L:N 6SA.. 3 AY:: :’w\ Low. Dividend Rat Add 00. High Socony-Vacuum (1). 118 11% 10% 114 s 5 111 Steel 4148 '40 9% 9T% 9TV Statistics C Advise b P e g oo S L iMarket Ti / | lar Aft : 27| Inland St 4143 A'7S st g syt vV * Motor Meter 1 A | Southn Cal Ed (2)... 14 33 327 ] 951-5. ; g 9 i ) 201 E atistics Company Advises Sa 31 Souiharn reane (). 13 dns s 36" Jon| Market Turns Irregular After Tt I Rant e 13 4 4 5| Seasonal Drop May Be Offset 4 Mullins Mg Southern Rwy (m6). 20 10% = 'S - 9 : Purchases Based on Present | i " bl G : 3, i Sowwem b L % e i Steady Opening—Rail | R ; e g R & by Orders From Auto Market Conditions. 110 Nat Bella Hes: . Spear & Co........ 1 Situation Watched. ; . 718 o1 13 & ceNoRewIn HOMED 5 Trade. 374 Nat Biscuit (2.80) " ' 374 Spear & Copf (7). 208 374 s 101 14 1018 101 11| Int Hydro El 6844 133 Nat Cash Reg A 1% .. 2 4 ] 9, Spencer Kellog (80c) 11t » S 4ks - 22 104 24 10420 104 24 | Int M Co 68 ret'el.. 35 ik 20% Nat Dairy (2.60). 26% 2 y — Stand Brands (1.20). 33 14), < 8 Int Match 58°47... B 5 “NEW YORK. December 3.—The 19% Nat Dist Prod (2) 5 s 9’4 Stand Gas&El (3%). 33% 3 : BY F. H. RICHARDSON. AbItib) P&P 6s s ales. )""N"_"{" 255 | [nt MM col tr 6841 4 1, | BY the Associated Press. fallowing suggestions as to a purchasing | 143 © 130 = Nat Lead pf A (1) 3 Stand Gas&EI'pf (4). 2 43 | Special Dispatch to The Star. Adams Exp 4s '48 Fo Int Pap 5s A "47. 5 5 § NEW YORK, December 3—Under policy for various important commodi- 14% Nat Pwr & Lt (1)... 5 9% 74'; Stand Gas&El pf (7) 41y NEW YORK, December 3—The bond | Alleghany Cp 5s 44 15 & Int Pap 6s the influence of the approaching in- ties are contained in a current bulle- | s 18% Nat 8toc) (3. . 281y 2 4 4 Stand Ol of Cal(2%) | market wasa Kot 5 bt : IntT&T4%8'52.. ° | ventory season, steel business has lost tin of the Standard Statistics Co. of v 3 i g Stand Oil of Rangey. market was a highly irregular affafr |Allegheny is'49. .. 2. . e , 8 ss has lost S ot s 9 Nat Supply Co 5 ! 9 9 “ Stand ONINY L30T L 3 today. Trading was of small propor- | Allegheny 5s°50. .. . p :": e UL 5 ground in some districts, Iron Age says > 26 Nnt Supply pf..... 2 Stand Ofl N soe 52324 1% | tions, with neithér sellers n Allis-Chalm 55 : nt T o in its weekly review, but the delayed Barley—Gradual _accumulation of [ 76 Nat Snrety (2). 2 13 1 Srea LD 800, Ay | displaying much Tnterest. - Moncy Tates | Am Teet S by b Ttaly T8°61........ 59 841 contracts of the Ford, Chevrolet. and forward needs is advised on moderate | : 8 NatTea (1). . 9 ) % b bl T (A)..17 FEienehergea Am Chain 6533 ¢ 5 Italy Pub S 78 '52.. 9 | Chrysler automobilé companies prob- price weakness i BN Ripar (B86) i 0 B o ol a2 ¢ The opening Was steady. There was 30,7083 45 a3y 43| Tapanese 54s 65, . 3| 8bIy will be on mill books this year or Brick—Buying should be restricted | 213 Newport Industries. i % A% Btemait Wa e 4 |little new in the overnight develop- "9, 3 Japanese 6%4s ‘54.. ¢ g2 | the next and will aid in offsetting the to_immediate needs S NawimE 2 StogakWebatertind), 11 S io | ments. The rumors regarding impend- | Am Int1 514 ‘49 5 ; usual year-cnd_dullness. Burlap—Periods of price weakness N Y Afr Prake . 8 g | 2 B ). 3 |ing railroad receiverships tnat char- | Am N Gas 6%a ‘i3, 1 6 Eanielinson g 58 The Ford orders, the review says, should be waited for before anticipat- g B8t T : : 5 s:]zp:»x::f:rtr?.f:r?’zr:‘ 6 5 | acterized Wednesday's market were il | Am S&R 1st 5347 11 981, St b b “which will range from 100,000 to 300,- L~ . : : Symington (A)see.. ] {receiving some attention. but attempts | AT Sus Ret 63'37. "2 Jogy, b o Beaa 190 s 'Lflfhgc;;;';‘"b*’;l;sg it Y Investor. . . (I Temessee Coron P LD S e L s S D BT Kresge Found 6¥36 than usual, affording work for several YNH&HO (D 3 63n 3| B 20 TexGuitSulemurG) 35 S S PRI G R Ll e B O e e Ratieas: o MR Sl pih el Y Ont & Western. 215 Tex Pacific Coal&Oil " "‘m”llf”':,n r}{ b““l;mR ‘"d;rs o mg- [Am T&T s f‘f"- ?é ;2:’“ Limolede 6354 g P ingot Production Lower. Profection of other than mesroferm| 13% Y Shipbuilding. . 3 4% Tex Pacific Land Tr. 5 e sl S R R Laclede 5%s D 80, 3 “Ingot production is lower at Pitts- o t ot Y Shipbldg pf (7 9% 4915 — 1 51, Third Avenue....... 2 ¢ % + U] he "this Whe Sooh GBecthad sa D Am Wat Wrs8a'if 5 38 Lautaro Nit 85 ‘54, 4 burgh, Youngstown and’Cleveland, but Coal. anthracite — The Winter sea- T BAMILAL pECT) < 3 18 Thisd Natlny(msha) the market virtumly bare of bids there | Am Wr Pap €5 5 30 0 |Liz & Myers 5s°51. 3 » 102151 55 up slightly at Chicago, where busi- son's requirements should be covered | N e : 17 Tnomp-Star pf (%) % | i homa Minip Gecling few is- | S Gt Loew's 65 ex w *41. 9% 88 ness recently has been conspicuously ¢ i Norfolk & Southern. 3'a Tide Water Asso Oil. 5% 8 WeISNBUIE: AUATHY ol 8 “ew 8| ATgentine 6s:qp 5 Lerillard 58 '51. ... 5 § poor There are gains also at Buffalo ‘orth Am Aviation. 2015 Tide Water As pf(6) 3 2 E 5% |Sues. On the other hand, some rail | Arrentine 534a 6 5 Lorillard 5% '37. . 5 1010 1;)and Birmingham because of the oper- or Amer(b10%stk) 130 3 3 36 35 Tide Wat Oll pf (5).. 3 g o |bonds scored gains i | Argentine May '61. 43 ' | La & Ark bs '60. ... A ation of mills that run only alternate orth Am Ed pf (6). C : 2 4 Timken-Detroit Axls 2 41 - Pennsylvania 4}is gained & point In | Argentine 65 Ju'ss. 5 Lou G & El 55 '52. .. s 1011 weeks. The average for the country is orthern Pacifie 3).. 9 19% Timken Roller B(2). % + 1 |oPlte of an earnings report showing|Argentine 6s0c'69. 13 5 2 ; +1 29 per cent for the second week. Tobacco Products. .. 3 3 3 g(\yhf’ mm;n::l np;}(x:;vor;xrrfncr:‘;‘rrcflllh(u}n :rgem:nefisg' . Lvons 6s'34....... “Steel production is maintained in 2 s 2 5 7 Tobacco Prod A t95c 8 pet ec o LR % axpeuting én cr 5 t b i sditim Ler A { 4 OlvFarm Eqprpf.. 6 & 5 [ b g . g ~ £ B o " 9 part because of the desire of producers el e D 51 Tri-Contl Corp pt(6) 01 gains of 1 to 2 points in the 41 and | Atchis 45 1605-55, . ; Market St 78 '40... 290 & employes prior to Christmas. Novem- ing requirements R N Butter — Coverage of near-term re- A s only, is advised N N Cement—Forward buying is not ad-| 94" vised at this t'me §Ee] N Cheese—There is little incentive for] 137+ B bituminous—Coverage of Win- son’s requirements is advised a—Comfortable coverage of fu- | should be made during peri- . ket weakness 615 Ohlo Ol 5 1% : | 2 : ) 8 ber steel output, when officially re- 24'¢ Trico Products(234) B2 f\po‘i cent refunding m:uv: lB‘A]I]mIU)w‘A\:r:l;songr: 48'95, 3 \: xfirl-li:::a’)’»o . : | ported next riveek“ ::dozbtwflyy :l!l] 2014 Ow. 4 7ix Truscon St 4 p & Ohio issues a point or so lower. | Atchis cv 4 g . M s as 904, . k 4 e . un n commitments added on to & downward 015 Owens 111 Glas 4 LAt iadyimnon Stael (S0R) N e WK A S i ) ¢ W e g : 3 iet}u“ & sr‘nall‘gnln( over that of Octo g : 108 231k [inRerwooIZHICHAS), ing loss. Northern Pacific issues were oL g F o " | Mitan 6348 52, .. .. 5 5 8 n Jespila the fact that the thife Corn—Gradual coverage of future| b54’s 2w PacificGas& El(2). 6 p 2 Unlon Carb & (2.60). 43 a2 1 ; g T { SRy & Liate ! mafor lines of consumption——sutomo- needs is advised on sizeable reactions.| 69'; 35 Pacific Lichting (3). 1 N 11% Unlon Ofl of Cal (2). In the junior rails there were some| alia 435 '56. . Mi) B Ry&LE 6871 1 ¢ 1 prs A portion of early future| 16% nts Should be covered and| 118% 106 Outlet Co of (7). 20x 1 L b : 4 1 ; taki Cotton—Advantage should be taken| 26l 9 Pacific Mills. .o 04 ‘”:;3: i ,(.iof{{‘ 7 +2 | large losses and some fairly large ad- |Australia 5s°s5. ... 50 | M SK(}‘%%TA\'I cds.. 7. 4 shaflznflfl t}:;swsl AR of minor recessions to satisfy needs for Pacific Tel&Teleg (1) 50+ : 3 y - : o e e e e e R e e , ; ) st4s'90. 3 7 al the next six months | Packard Motor (40c) 27 1B U AN Car (1:80) 80 recovered 4 points of the 13'» lost Wed. | Austria 7s 43 27 3w, |MEETadiss 7. 5 36 24 34 | yeaoe eclines e Drodugetapd Cottonseed o satisfaction of | Pan Am Pet (80¢). .. 1 y 2 4 b 124 Unft Afreraft....... 3 2 nesday, while the 4155 of 1952 were off | Austria 78 ‘67 otf 5 " | Mo Pac gn 4s75. .. ’ss in others foreshadow a lower needs several months ahead i justi- | Par-Pub (b10% atk). & A S % 40 Unlt Atreratt pt (3). ~1 |6 points. Eric refunding 55 lost 3|pgo Mo Pac 58 A '65. ... ; Tt fon tha feet uasieVEIRiEn tiges e e ot 3 : 23 Unit Biscult (2). > s, Erie 5 b 3| A 82 Mo P 7 5 ars are $2 a ton off al cagn, fied on sharp price setbacks, but over-| 11 3 Park&Tilford...... 1 | £ Sl Riacule « : points, but Erle consolidated 4s were | x o ¢ia 43, 000 o1 4 b it L 3 this change, however, merely reflecting extension should be_avoided Paihs BRohahg, e 2 2 : firm. ~ Missouri-Kansas-Texas adjust-{B& 0 cv 415560, .. 45 Mo Pac bs H'80..." 6% recent price concessions that have be- 11 588 - Contracting should be lim- Sl bt et : ments dropped 7 points. Missouri-Pa- | s & |ut 52 4 o Mo TRt come more widespread, a situation that ted to near- quir s 7 " “ 3 0 1 X A C s 1 cific 55 were little changed, except the | B & O v 5ores : o Beis is true also of structural shapes at Flour—Declines of moderate propor- EAnICK Rl (U ) 5 85 2816 : e e T “H" scries, which lost 5 points. St.|B& 0 oo eres 50 a0 on|oEaCE A AL : | Pittsburgh, where 150 cents to 180 1 tions should be waited for before com- RETICTI e o Dieincon Louls & San Francisco ssues showed & | B & O paay o MonieOhlosant. cents a pound is now quoted, the lower pleting commitments. 3 PanvN R llroan (). . - 115 £ i Tnit Gas&Im (1. 52 3 firmer tendency. Wabash 4!s were off | B & O Sw dv 5s'5 3 Montevideo 7s '52 figure also being $2 a ton below formal Gasoline — Gasoline requirements L ] 22 | e anbey Gl A point, but others of the road’s obli-| Bic of Chile § 14s 47 4 MaeAGn 1ot txsrts J quotations of past months, thould be covered through the close Lol L A ) : i BRDlsttaing. .. 12 gations ‘were firm. ~ Alleghany Corpora- | Bk Chile 6% s §1.. 25 301 sy - g o i “Meanwhile many steel companies of the year, but extensive forward com- ket gy - s o U S & Forn Secur. 2 i tion 55 were steady Batav Pet 4%8'42. .| Nassau Elec 4551, 7 467 |are withholding announcements of first mitments should await further devel- el . PR Gy ieo) oy 15 2 *| Bonds, both foreign and domestic, | Belgium 63 a5, ... ,|NatDatrvsus'4s. 32 91 90 90 |quarter prices, awaiting clarification of opments within the industry. Phila Co 6% bt (3) . . MR Ty Aleanaliis | 6o were steady at the opening. Beiglum 6%s'49... 2 5 Nat Stecl En'te, .. o the present situation. Hides—Early future requirements . 3% Phila&Reading C& I s b , 2% UB Leather. 2 3 1 9 In the rails there was a sizable over- | Relzium 7s '55. .. .. 92 9 3y, | Netherlands 6s'72. “Delays in the letting of automobile PASHIA Do toviied. AR M ] i e Laiemethe Lo - night accumulation of buying orders | Belgium 7s ‘36 .« . 900 90 | None T 18v8E b3, tonnage are said to be due partly to Hogs—Purchases of products should ® - PhRMDeT6D88 Co b 3 U S Leath or of (7). from traders who believed that Wed- | Bell Tel Pa 53 B 43 31; 103 | N QT & MEaB B4, the hesitation of steel producers in giv- B’ made oiily’ fhr ‘the msrtion of] M s s : G Costh e BT U e resday's decline was carried too far. | Bell Tell ba ts 69 3 |NOT&Mstas 54 39 36 36 |ing the concessions that the automobile carrent needs. R e s U S Plpeary 1ot 130 9 1 . ; This served to absorb rather heavy of- | Berlin Cy El 6% 55, et Ne Svalen ke sy, companies are demanding.” e Ty roke e ticmalie Ellipe Fa S i 5 18 ferings, and the prices of such issues as | Beth Stl pm 65’36, 99 987 99 B S RIAEERRE 4 Building Activi atilized to cover medium term needs. PRAGRON L U'S Rubber. .. 33 5 Rock Island 4155, Erie refunding 5s,| Bolivia 7865, .. ... ¥ Cent db 4534, P ; K Amdvity Pew Lead—Extension of purchases beyond R g ; 3 U S Rubber 15t bf. O ; * | Missouri_Pacific 55, New York Central | Boltvia 8547, ... p ¥ oeponde st ’ Pig iron production ' underwent a the first quarter of 1932 is not yet war- 3t Floros Pebrolsss US Smtg & Ref (1) 14 | 55 and Prisco prior lien A 4s were prac- | Bordeaux 63 34, .. Torrhane 3 73 |further decline in November. On a ranted, except on recessions, Pillsbury Flour (3). 2 22 2 % U'S Smtg&Ref pf 3% 39 39 39 tically unchanged. Industrials were in- | Bos &Me 5s '67. . 3 BiNT G g T 9 daily- basis the loss was about 2.8 per Linseed oil—Satisfaction of il needs Pittebgh Screw & B. 5 U S Steel Corpa (4).. 533 ,, | active. i Brazil 6%s'26...., 9 3 N Y Creimee: 13. 9 cent, compared with October output, for several months ahead is justified, but | g7 = 3 Pitts Steel pf........ 3 E 3 E U S Steel pf (7)..... 4 In the foreign list Germans opened | Brazil 634s°27..... 9 N Y Cent ab 845 or about the same as the drop from following up price advances in complet- | g Pitts Term Coal pi 5 5 U S Tobacco (4.40) . . E ; unchanged and then sagged fraction- | Brazil7s..... & 9 g NYOT ll,,“ H September to October. The total for ing such a program is not advised. 15 2 PittsUnitedCorp... 9 United Stores (A)... 8 2% & ally. British issues were firm. Japas|Brazil8s'41 . ) NYC&SUL 4355 : the month was 1,103,472 gross tons, or Lubricating oll—Coverage of near-| ggr, 45 Pitts United pf (1).. 608 5 5 United Stores pf (4) 36 2 nese bonds were unchanged, with the [ Bremen 7s°35 30 | NYORSH S vaAs, | 36,782 tons a day, compared with 1,173, term requirements, but delay in ex-| 1g Poor & Co (B)... : 4 Univ Leaf Tob (3).. €125 around 92 and the 555 close to 77. | Bk Ed gn A 3 NYC&StL 6args E 283 ton. in the previous month. tensive forward contracting, is dictated | 27 Port Ric Am Tob(A) Univ Pipe & Rad pf. . 12 20 3 Canadian government bonds were firm | BKlyn Elev 6% 4 5 | N ¥ Edisn 68 B 4. Building activity is still in a slump, by present trade indications. 1 Port R Am Teb (B) .. . 8 Util Pwr&Lt (A) ( g + in the face of an unchanged exchange | Bklyn Man 6s ‘63 . 9 9 N Y Fd 1st 6155741, being supported largely by public proj- Oats—Forward needs should be grad- | 3915 Postal Tel&Cable pf. ——',,‘._mm quotation on Montreal funds. lr;ufl Gen E1 4%48'31 ' Y BLH&P 48 49 . e ects. This week’s structural steel awards ually covered on recessions. | 2w Prairie Ol & G : T8l Vanaaionicon. e - ey o NY ELH&P 543, e %r;lgoolzb.os:: tons, but new work o e B 261 Prairie Pipe Line 43 Va-Caro Chem pf (1) 5 2 3 Bank of England Statement. 3 y NH&H 338 The Iron Age col te pri ensive forward buying is seen. L Pressed Steel Ca; 86 Va Elec&Pwr pf (), Callf Packing 5s"40 2 70 NH&H db 4s'57 faliod steobta e poalte rciveron in Paraffin wax—Medium-term require- | 71y 306% Proct & Gamb (2.40). 22 | Vailean Detin. (4) IONDON, December 3 (#).—The ' Canada 4s 60 ¥ Y NH&H 4348 '67 shed steel has declined to 2.102 cents a ments should be gradually satisfied. R Pro & Refiner: B R L Hean e ) s weekly statement of the Bank of Eng-|Canada 414836, ... 11 ¢ H&H cd 6543 pound after holding for 19 weeks at Petroleum—Coverage of commitments | 9614 Public Sve NJ (3.40) . p Wabash R 1L 7 land shows the following changes in!Canada ss ‘52. 20 92y NY O&W gn 45 55, 2.116 cents. and this average does not for two to three months is advisable: | 1071, Pub Sve G&E pf (6). Wabash R R e ) 2 % | pounds: Total reserve decreased 4,142.- | Can Nat 4345 54 NY O&W 1st 4x'92. take into account the decline of $2 a further extension of commitments | ggig Pullman Corp (3). Waldort Sys (1%).. ] 2 000, circulation increased 4,057,000, | Can Nat Ry 4 3 NY Tel 43539, .., ton on plates, shapes and bars at Chi. should await more definite evidence | 113 i = 1 Walworth Co....... 18 3 3 3 bullion decreased 85,000, other securi- | NY W&B 4348 46 . cago. Pig iron remains at $14.96 a of future production trends. 101% 6415 Pure Oil pf (8)...... Ward Bakiag (A)... 2 % 13 3 ties decreased 136.000, public deposits | 5 Nia Sh Md 6%s '50. gross ton and steel scrap at $8.75. Pig 1ron—Only lmén;dmte require- | B5% 124 Purity Baleries (2). Ward Baking (B)... 10 2 decreased 18,440,000, other deposits in-| Can Nat 41 Nord 6%s 50 —_— ments should be satisfied. ] ):é;_\-?n‘ ceuulwLS -cmwb;—mm 551 36 Radio Corp pf A 3% . 4 - 35 - a;"-‘:; fi;l;:{an. 18 -y 1% lr;::;gp;,olszs.‘on 6“%0\'!rnmem securities | Can Nat 63 Oct '69. 3 Nor & Wn ev 4 DIVIDENDS DECLARED ned¥by requirements may -1 60 13% Radio Corp (B) (5).. Wwa ~ o G Can Nor 6348 db 46 NEW YORK, December 3 (#).— Extra, Pe- Pay- Hldrs of but there seems no need for longer- g R ith-Orpb A, 9 - tacren Brosev pf 3.5 308 % —2%| The proportion of the bank’s reserve| Can Nor 7s db "40.. term contracting at this time. R gl O R 4 E Warren Fdy & P1.20. 2 to liability is 28.44 per cent, compared | Can Pac db 43 3 or Am E 6148 Company. Rate. riod. _able. record. v g Conn River Bankz_...$1.50 Dec. 31 i | Rosin—Requirements Up to next sea- | &' 204 West Pa Elec A (7).. 80s s B 1 i “ % £ 3 Pt 3 NeARPas st 3 Nor St Pw b8 A 41, Wright-Hargreaves Mines son should be covered, especially on days | §5 31 Reading 1stpf (2). . : West Pa Bl of (6)... 50 | R Bic ks orway 68 '44. i 7gg| B eeeeei2he L Jan2 Ded it of price wenknessd N i 30% 2% Real Silk Hostery... 3 2 4 - ::_:s: o fil\-';fpf(‘m = FOREIGN EXCHANGE. Car Clin & O 65 °52. 9715 9715 9715 | Norway 6s'52. 8 o Speak Rubber—Extended forward purchases o 2 : Vest P # 9 QU oo i i | Cent 111 GRE 5551, 9 8 ni River Banking.$0 .. Dec.3l Dec. are advised against, except on sharp ;:% 12‘»: fiififfiifi’i‘fl‘?fi?}n 2 19 3 [y oaER R pE (1) 208 Nominal wo1d Sl checks | Cent Pac 58 ‘60, 3 3 8::::: ::;2%::" wefeial”Service 0 B BeEad price reactions i 93 29 Rem-Rand 2dpf (8). 10s Wastern Dals By 3% 3 N London, pound Yiighes 5o 908Y | Cen Ry NJ g s 87, 95 5 Interim. R;e—Consumers shouid attempt to y4o, 100 Rensselaer & Sar (8) 105 3 stern Dairy (B).. 3 3 3 er R e aes ST Cert-td db 5135 '48. Pac GRE5s'42.... 9 4 Purness Withy & Co make purchases on temporary price re- | "ot "'y peOEt Rt A ey, 6348 Western Maryland. . Brussels beiea’ 1110 13810 13 ac Ches Corp 65°47... PacIAT dst 5w g R Bl actions. 25% 5% Republic Steal 6 4 cee 3 3 Berlin,mar 23.75¢ 8 L 5 'ac T&T rf 55 '52.. 13 2 Reduced. Scrap steel—A hand-to-mouth buying | ¢ 15" REPUPHC Sleal o i v 3 | Western Pacific nf ; —13; | Bome. dira.. 111 Sk C&O04%sB 95 8 1 81% | Pan.Am Pet 65 '34. Inter Cement .....7T5c Q Dee.31 policy seems advisable - 5 5% Western Union (6).. 69 4T 4 Athens, drachma | SB&Qgen 45’58, Pan Am Pet 63 "40 | Oakland Tite ins & 1y seeny - 22% 7 Reynolds Metls(1%) 2 Westinghse A B(2). E 5 Madnid: peteti + 2 C B&Q 1st rf 6371, 2 Guar .. <o-:..52 Q Nov.25 Shellac—Coverage of the next several | §4,. 3514 Reynolds Tob B (3). 13 RSl S Vienna. Seniliing CB&Q T dv 45 '49 e T RS : Resumed. menths' needs is advised 7 atingh 2%). g ki 3 . L ol . o . ild Paris-Ly M 6s'68.. 25 9 i sumed. Silk—Ample coverage of near future| 5% M Richfeld Ofl,c...... 1 I Waline BAC (L ma K - gf-d:'-fe"" own (nom ) '3 98 Sioeiaei | SO RAC T OHEL, Paris-Ly M 7s '58. . 02y | Western Tab & Stat.s1 .. Dec.21 o 3 : B o Chlor ¥ varsaw. 2l & 559, o) . neecs should be made. : | 267 7 Rossiainsof Amer.. & | 26k 7% White Motors : , 1% | Copenhagen. erown 9506 Chi Ind&Lou 65'66. : g6 [ EmOTDIN AR T SN Y e ef—Consumers should cover early | (o 1310 Royal Dutch of NY 10 2 O#lo, . crown e , 8 Pathe Exch 7s '37.. Nat Gypsum 33 pf.$1.75 5 y & _ 4 Royal Dutch of NY .. 2 1% White Sewing Mach. 2 0, 1CrC 18500 | C M StP&P 5315, s 2% 29 m 1032 requirements on any recession be- | e 4 Stockholm, crown 18.80c | Penn 414s D '81. Omittea. low 30 cents, 697, 38% Safeway Stores (5).. 4 : 2 White Sewing Ma of. 2 S . CM&SLPadte.. Penn 413870 i ] (R R B Steel — Only near-term requirements| 97% 75 Safeway Strspf (6). 10s 9 4 %« Willys-Overland. ... E 2 2 Ch1&NW 43s 2037. Penn Gs'64..... Le Blond-Schact Truck P , satis 1081 85 Safeway Strapf (7). 10s Y 1413 Willys-Overland pf 3 : Chi& NWen 4% : Penn gen 5s i : : LRI v, i B Sotid e Su el | 3 sei st b 1% Wilson & Co (A) n o g i INVESTMENT TRUSTS Shi & NW 6ls '36. . ] Fenh S tinaeuEi 99 98 ogi | ppn & Schmny o a Sugar—Near-term sugar requirements| 62% 3 StL-San Francisco.. 39 3% 15 Wilson & Copf...... o Chi R1& P rf 4534 53 5314 | Penn P&L 4%s°81. 22 83 - H Nederlandsche ‘B = . shoud be adequately covered, but no| 76 4% StL-San Franpf(6). 16 % + 4215 Woolworth (+4.40). . NEW' YoRE ' . |chirTaPanssn 475 | Peoples’ Gawsatr. (Holland) ... - Div due at this time necessity for liberal forward purchases| 33% 5 StLoulsSouthwn... a 5 Mk 20 Worthington Pump.. 2 4 Over-the-cointe: m;i"'{“‘" 3 (P.—|ChiRlcv41gs’60. 3 3414 | Pere M 1st 4 '56. . . : ! Défasrod. s seen at this time. 60 9 St Louis Southwn pf. 1 g g M E 8 E rket: Bt !l:hl UnStss's.... 1 ¢ 974 997 | Pere Mar 4145°80.. 2 45 74 | First Reinsurence of Tin—Gradual accumulation of re-| 20% 5 SavageArms..... 2 30 12 Yale & Towne (1)... ABCTrshis D . A% fiOnliUnS (R (6 101 | Pere M 1st 55 ‘56 50 50 |Rossie Tus of ‘An bk quirements for the first quarter of 1932| 114 4 Schulte Retall Stores 16 | 154 3% vellow Truck....... 24 - | A aCqen Shrs B #a 57 ChiUnSta6is'e3 Peru 65'60. 9. - iy ¥ el is advised. 65 40 Schulte Stores pf (8) 80a | 76 171 Yellow Truck & G pf. 50 Am & Gen Sec B " | C& W Ind en 4552, ; ; Peru 6s'61... Am Fork & Hoe Turpentine—Consumers who have not | 51 38 Scott Paper (31.40).. 30s 2 | 29 11% Young Spr& Wire(2) 250s 4 R e 33 P10 : 3 C& W Ind 51862, 2 Peru7s's9.... 3 | ciaae Rl ‘B alreacy covered requirements up to next 1% B’m fel:::rg&!lr Line... ‘12x 4 2 78 19 Ygstwn Shest&Tube. 220s 2 H Am i s Chile 83 °60. i 574 | Phila Co 88 °67.. 9 el SR AL pesson ahodid bomplete mch & program; | (9% <ok Sesboad Ou s 3 5 | T5% 1 Zenith Radio. 3 n ot | Chiless*61.... .. 18 15 Phila Blec 4s'T1.... 1 92 o Gliaranty Trust,.. especially during weak markets. Roe . 323 3 3 7 Zonite Prod G Y 21 Am Founders 1-70th 2 “hile s 63 Phil & Read 65°49. 3 2 Harriman Inv Fui 1% Second Natl Inv D c . i Wheat—Consumers are advised to ¥ Second Na v —_ = ot o (D) Am Founders cv pr . 5 | Chile 7 2 Phillip Pet 5% 539, 5 S keep comfortably covered on medium- 33 Second NatlInv pf.. | RIGHTS—EXPIRE Am Founders. Ziofh e 1mides s P&WVERsCE0. 5 oo o sarst Cons Fub... i term requirements. 3% Servel Inc... 4% 2% PeopG L &C..Jan 15 3 Assoc Stand Oil A | GInUnTrust 5a 2020 v 8 Poland 68 '40. Huron & Erie’ Mrae, 42 i Wool—Comfortable coverage of near- TS R Dotmar s 8 Y y e ul Blodk N Al sec pt 3 lee e bt - 9y |Poland7s'47...... g 5 E R erm requirements, especially on cheaper 1014 Shattuck(FG)( 1 ales of Stocks on ) S, var (3 B e 4 : ; Poland 8s°50... .. 4 57y ; NY Tei 84 grades, is advised 3 Shell Union Ofl. 16 | 10:30 AM... . 300,000 1. Voon. AH finse bt : ey axinisMes i Port Gn El 415860 . o . . .31.62'% Zinc—Future needs should be covered 23% Shell Unlon Ofl pf 1 W — %| 1:30 PM 21,300,000 ¥ : Al & pac piTwar : Cplomslaanine Pos Tel & C 68'63. . o g Noeth ‘Conl Giil'X..374s¢ only through the first quarter of next % Shubert Theaters... 1 | dend rates as given in the above table are the annual cash | BARSCIIA. Corp LI T4 %8| Colon Of1 63738, . . Evessed BEGERIY oS apinl s ; C‘,}’ e year. 8% Stmmons Co. 14 ts based on the latest quarterly or half-yvearly declarations | Basic Industry . 2 | Colo & Sou 414835, Prussia 6s ‘52 . 2 G Dt 4 i e vl i - o XEx-dividend. sLess than 100 shares. 1Partly exice >ogies | British Type Inv A olgde 80U S e 25, Public Serv 43 7 | Potomy Balsan ik —_— | M g | 4% in stock. fPlus 9% in stock s Paid last sear—. Century Tr_Shrs Colo & Sou 4% '80 Sl LR 9 91% | Potom Edisan: % 1 51 Sinclalr Consol Oil.. 322 6 | bEavable in stock. e Payable in cash or stock . Plis bt i siay | Ghain & Gen Equities |11 2" Col GRE 58 May's2 & 811, | PubSv G 4% 10.. ks R e ELECTRICAL INDUSTRY 314 Skelly Oil - 1 3% % | BPius 2% in stock. | Plus 50c In svecial preferred stock ~ & Bius | Chartered Invest 3 | S0l G&E cou be 61 /s Pure Oil 534337, second & Third 8t Pyl sttt S bl 15 15 = | a® S L ENG U eermnd VeRudr TR BN 7 | Enaied S ils J . | ¢ riered Inv. pf : | Com Inves 534549, 42 g 9 ' |Queensland Ts-a1.. Selccted Tndiusiics 55,50 - S oL e o e o SR8 S RE%SA4T., Standard All Amer Tr ‘MON H SEES s UM | Corporate Trust A A..... . ConG N Y 5%8'45, 5 ) L"“‘ B : aow | S 8hrs A Cp. - 30.73435¢ ecial Dispatch to The Star T v Gorborate Trust ‘Ace Sei < hinelbe 73 '45... .. ; e | | WASHINGTON STOCK EXCHANGE | |0 1%, et o R B L christmas touer; attected tne_eicctricar | IN INSURANGE ISSUES Grom & Foner £ part Rhine West 6s'53. , cant ot the gleciian QUOTATIONS AND DA grum & Fopier oe/ 77 ot Cuba 8348 5. F United Sts Tob Cuba5348°45...... R e 30, | Ulan pow’ &Lt in the week just closing. says Electrical Bipor B SHNY A f Cuba Nor 513842, Rio de Jan 8345 ‘53 . b o whe Rt it World, but in general the market was : : | Depos Tns oh : S e At ; Rio do Jan 8a°48 2o B A4 west Tablel s Siationery " g beseg $1.75 et. " Electrital sppliances for * the |November Review Finds Many . xtn Tiseds 0 Diversified : Del & Hud 5%8°37. 85% 85w R3's| R Gr Do Sul 6568, w:'oé{ Jersey & Stashors o cme feature! e news from the ko 2 | Metropolitan” (14" Diversified 5% | Denmark 4143 '62 R Gr Do Sul 8s'46. 3 2 2114 an. Southwestern region. Stocks Around October Capital Tracticn Co.—8 at 2015, | Riges " 115¢) o Bauity I 3 Denmark 514855, . 23 Rome 6% '62. F West Benn' glec A'3175 1. Dec: Buying continued to ease off in the gt Potomac Electric 3% % pid.—5 b 10675, | Sfcond oe) 0000000 3 Bty i B Denmartk 6 42 : Roy D 4s 45 wwr. T e T 418 @ P, East and commitments are falling con- els. Lanston Monotype—5 at 69, 5 at 69, 2 | . quity Trust & Do 6% 'pt L3150 Feb, ve-Year Fired Tri .l D& RGren 4s'36.. 5 | s 4 . R siderably below estimated averages. In at 69, 2 at 69. TRUST COMPANY. Do st B A D& K Gras : ,, " StLIM R&G 4s'33. 3 West Side Trust Tt e s d 3 59 T LASE in A8 A'*§b L : (Newark N J).....51 quiries from power companies trend | Washington Rwy, & Electric pfd—11 at | Amer_Sec. & Tr Co. (5, Fixed Trugt Sh B0l : R L e e 2, | st L y 2 WA N Do downward. Industrial demand shows | Special Dispatch to The Star. | 94,10 at 94, 10 at 74, 10 at 94. T Haal Trust (6). Sy L8 |Rund T AR AR & |DRG & W s 78 3 @ | SRR A ] e ol Gor sl betterment in volume call. with orders,| NEW YORK, December 3.—The mar- | Real Estate Mtge. pfd.—-50 at 6 | Prince Georges B, & Tr. (6} Granger Trade sl | Det E G&Ra %561 3 3 96X | S A Cs 3 Wright-Hargreaves Mns Yoverer, raiher severely limited Re- | et for insurance company stocks was | Capital Traction Co.—10 at 2014 | Gnior Zrualdu & O R D e : | Dt Edison rf 5543 ¢ el : Y e 27 s account s a distinct dissppoint- | S6AIn Neavy during the month of No-\ Bid and Asked Prices. | SAVINGS BANK Incorg, ot Rt !5 Devtsche B 6547, 18 o Paulo 250, Banks Blos g 1631 vember, according to records compiled | BONDS. Bank ot Bethesds 63) It Eec corp Am A Dodse Br cl 65'40. . 4 xon P W €41 2 Central ~Aguirre Buying of small power equipment| by Hoit, Rose & Troster. Some issues | PUBLIC UTILITY. o | EaE Washtiton ) [akiges E,?,”’s'd b Duauesne 41 R ) i ‘:‘““ 'L“ s atured the trend in New England. Bid. Aske (10) 2 5 Am 6'> i Dutch Ea 4T, 8 » orthwestern Te o Do e maraand. | tested ihe low ' Jevel established OB imer. Tel, & Tol, 448 730 Sec Bav & Com Bk (17). It Sty Con P §ic o0 ot Rt TS (], s ¢ | g Emapn 80 fall f1 and the likelihood of | October'5, and several individual issues | Am. Tel & Tel ctl tr. 55 ] <50~ | Dimted States ysoi2) Invest Trustee Sh . East C Sug 77%s 31 rbs-Cr-S1 83 '62. . y Universal Products. .30c Chases 15 small in view of curtail. | in the group broke below the lows re- | AlAOM3 & Poi. R, R s 38 | Washington® Mechanics (26) - O] Leaders of Mt B (@rielstcon4s:98., 4 55 G54 54 | ShellUnQNRa’T, 6 s * ments in force. On the Pacific Coast |Corded on that date. From the stand- | C. & B. Tei, of Va $5.. ... 10 FIRE INSURANCE. Tanders of Indust © 211 | Erfecon 4s A '53. .. hell Un Ofl 55°49. 3 6 Motor omnibuses on routes paralieling large-scale construction continues al- | point of the averages the group dropped | Capital Traction T "R 55 0 | American (12) ; Low Priced Shrs . {!» Erieconv4sB..... 0| Shinyetsu 634852, 54 54 |railways in New Zealand carried more most at a standstill. Stocks of equip- | {rom a high of 40 on November 9 10 a | Georgetown Gas st 3501 P, (i ; 2| M Tavest, T : Eriegen ¢ . ; [ 100 O TE ey il than 8,000,000 passengers; . due st ment on hand are so low. however, that | 1w .and close of 33, which low com- | Potomac Elec. "Gons. 55/ 1111 101t National Union’ (15} Mutual Tnv Tr A R Erfecvbs 67....]] 36 38 | SincCrO5%a‘as.. g 914 | year. T on end Wk 1 cpoed | pared With an extreme low of 32 on | Potomac Elec, g 1953 Mutdil Manage . - Eris 38'75 91 3 51 39 |SincPLbs'42..... any material trade imetus would spet Wash.. Alex. & Mt V. ct E TITLE INSURANCE, Nation Wide Sec 2 Skelly Oll 53539, up buying on a large scale October 5, 1931. Washington Gas 4135 e ANC Nat”radust Sh iioa Finland 6%s 56, 3 5 Hs e : i A quiet week is reported for the| The comparison of the high. low Washingion Gas 5s B 181 | Real Estate (6h) NatL dpLohER o 5 Finland 78 °50. . 2 lvay Am 63 °43 1 Sales. High. Low. 2:85. Southeast, but the general volume of | and close for insurance stocks for No-| Wash. Cas g5 serles 4. 104 e 2 Rk T ehaies. 2 : ! Fond 1&G 4148 F B Boi TaT ey o ‘ 9 luastwsuscsl.. 4 24 24 24 business 1s reasonably well sustained. | vember follows: S Wash. Rwy & Elec. 45 3 2 ool enical Blag o Nor Am Tr Sh'lges....... 2 5 Fram 1 D 71542, 96'3 | S\ Rell T 68 A '54. 2 Uruguay 656 32% 32 32y In the Middle West general business Rsh plow., Noose. MISCELLANEOUS. | CoI._Sand & Gravel ora: (5 3 Norufem “Secir St French 78 '49...... 53 Sou Pac ref 48 '55. . S1 81 | Urusuay 6 33% 32 33 continues to mark time. Very little | Aetna Casuaity 4 38 | Barber & Ross, Inc., 6'26.... Bis jhaper Mfe. ptd Ofl Shares units . 2 French 7%s '¢1.... 5% Sou Pac 418 '68. Utah P & L 55 '44.. 92 92 92 cleotrion) Susinbes & Saerign oo pal A Ru s REAR 1 Sotumbla” Countrs’ Chub” 8135 103" | Emer Bromecsei b 5 Ol ool e e i | Gelsenk’hen 65'34.. 28 3 uP 4%s 69 ww. 6 . Util Pw 5559 ww. 53% 51% 32 road sources. Industrial activity is un- | Reth8 T8f€ G o 3, v 2 B ™ paper Mis 65 ¢ 40 ’;:fi"x‘ Storage nid Agy 2 - glr(lmffl,rnd i 3 | Gen Baking 5348 40 20 95 ¢ ou Pac 4%8°81. .. . Utll Pow 5% 8 '47. ., 55% B4 g;ua!hl.(pw:i(_\- The Kfltflnl\;l companies Continental alty 5 ° | Wash. Mkt. Cold Storase 5s.. . +eo | eg--Am. Co. com. (120i). ] Public S_'fr\(;l; . Gen Cable 5%s '47. E u P&OT 4 %817, vanadium St 58°41. 58 56 have slowed up considerably on con- | Glol . 5 Lanston Monotype (3) 2 Repres Tr BH7% 4 « 2 Gen Motors 6837, u Ry gn'4s '58. 2 6 |V 68 52......0 53 50 struction wark Great Americs STOCKS. Yaustan Monotype (6 9 Second Int Se 5 Vienna 6= 53 s 13% 1% DAt Cigar Stor TSRO 9 e ; : Warn Bros Pictures. 128 3t 3 % | creased 274880C, notes reserve de-|Can Nat4%s’5 R11 8 orf South 58 '61. . qufi‘:fi:‘w\'igc'g;e—obe 2?\";:2?1”'“""‘ Te-| 294 9% Raybestos Man(1.60) ; At Wells Fargo. 5. 1908 with 33.82 last week | Can Pacific 4% 5 "6 Nor Pac 3 2047, SO a0 Beadlae Ry (a Wesson O&Sno pf(4) 3 5 Rate of discount, 6 per cent. Can Pac 4%s°60... 3 or Pacr 1 63 2047. T e ¥ ¥Rt % 2288 E £ K 88 00 © 0D PODOOO P PO OOOELE” OO as SN $1.621 bLA1TS $7, @ p o0 0O W t [ 5 55 53 Jan. Jan! Jan. Jan. Jan. 29989 Jan. Jan. 9 8% ?9 Jan. Jan. 95 00 25 p pp 0 DO o > pramnaanScaron~Beaabh vos olne Halifax ... 2 | ¥ & Stee. com. (i0) Second Int Aec B . Gen P Sv5%8'39., 15 3 | Sou Ry 68°84...... 794 | Va Ry 18t 55 '62. X HAover oiees ! PUBLIC UTILITY. ;A;:;“T’,hf]_‘:‘flm“’\"m‘";“ 9 | Sec Int Sec 67 st Bf 5 a0"' Gen Th Eq6s'40... Sou Ry 6%s ‘68 Wabash 4% Harttord mire e e o1 | e ToL & e ) asl Inv prd. (3} : S fetted Am Sh : 310 German 6i4a 65, 21, 280 | St Ol N J 68°46 Yeubauk V% PUBLIC SERVICE CORP Home Insurance .10 Capital Traction Co. 4] Bles Brus’ 8fred Sia'Slgis Selected ficome 80 = fr R B U vabash Ls s . N Birance Washington Gas Lisht Co. (18) M & G pra s ted Iocoate Trust 3 & Wabash 55 B 7. .. = ona] Liserty’ 3 S | o [y i S 7 iGerRen RIARIS0d i Wabash 5s D '80... ADDS SALES EXPERT Ry Washinston. Por. B, Fove: %51u %) i ios 1 95'% | Spencer Trask Fund : 312 1812 Ger Cen Bk 6860 O 2 v : 3 N e Sarvel Corp 1 ! e ;, Wabash 5%375. .. Special Dispatch to The Star AR ] Wi T B, o, 1D | W Meeh P2 3 SPeh Al Am Tr German 7s rep '43. 145 | s & ; 4 A TF Shrs : 30 4 5 Taiwan E P 5%s71 Warn Br Pic 6539, CHICAGO, December 3.—Appoint- | Dnited Btaies Casiaiiy I Rwy. & EL pfd. (5)..... 85 | Wash Med: Blie Cors 1) ; | Siang Bt B 080 4| German Bank 7e io 42 Tenn EI P 68 A 47. Warn Quin 6539 . Dlted Bates Pre o B BANK. | v roD com ' (1 30} Sialc siree : . ox & Ark 5%48'50. 6 g ment of E. Paul Young ss assistant gnited 8 NATIONAL Woadwara ‘& Lot et SRR Good 15t et atrs 4 Tex & A1k SN Warner Sug Ts'41. vice president in charge of sales of the | " ooetter o 3 i dospitaliain & ST N 20 | *Ex dividend gy Siper of Am TrE i R Texas Corp 5s ‘44 Warsaw 7558, .. .. Central Public Service Cofporation wis| ' Wetsht... awr: | Commersial itaiipedy 1103111 300 | paseks closed 20277 exti, Lo e e 54 GrandTr sf db 6536 1 pl e T WL Siriat AR 2841 < announced today by W. H. Wildes, — Gltrict @) MR LT e a0 | E S 37 ext 8t Shrs ot Am Grand Trunk 1840, 5 A o RestRan Ao e v ed. Amer. Nat. Bk & Tr : | 817 eXira t Trustee Stand Inv 0 ! 3 . 3 ; ‘xfil‘,"";‘w‘n‘;'h‘,’;“éfi:{"‘_mvely semits POTATO MARKET. | Elberty" i) 110 % e 210 | e1heextia, ¥ X T‘n‘::::e Stand Inv D . b v s Sl : Toho EI Pwéa'32. 5 95 West Pac 53 '46 fied with the public utility industry for| CHICAGO, December 3 (#).—(U. 8. | Trustee St Oil shrs B 412 GreNorgnb%s'ss 5 g1 ;‘o::: ::‘l/'l.,(“ ot gen Un:ons & number of years, Previous connec-{Department of Agriculture.)—Potatoes, | MONEY MARKET. | Bankers' acceptance Thusteed N ¥ C Ban S e B o West Union tions include North American Light & | receipts, 66 cars; on track. 166; totai| = sk 335 Greek 65'68....... 3 ® 54 |Ulst&Dbsct 61% Un 6% o 3 Un Pac 1at 48 47. 91 W O S%a st ww. were steady. | T k A Power Co. and National Public Service (U. 5. shipments,’ 700; steady on Rus-| NEW YORK, December 3 (P).—Call | There were not many bills coming out | Srespiers Gent Fixed T MR T . WIL-O Lst 638 33 52| Hud & M ad) 6867, 13 56 ’{;:E'f,:',,‘fi, 1 e Wil & Co Ist 68 '41. A h Corporation. sets. slightly weaker on other stocki money renewed at 213 per cent and and the demand was spotty. Asking | BEocs Sass Sher Mr. Young will work with the prop- |trading fair; sacked per cwt.: Wiscon- | e X5 g | United Flxed SHIS .- 3 v 3 erty mon-cers of Central Public Serv-|sin Round ‘Whites, No. 1, 80a90; un- Deld steady in the official market today. | rates were unchanged. Commercial | Uit 0TS e ST o0 |UnieDFECYELNST 1| g% R L B Humble O 5% 832, 1 100y 1004 | ;'S Rub 18t 68°47.. 3 46 Yokohama 6s ‘1. | United Ins Shrs ice Corn~~~'io7 in their business bulld- | graded, 75a77%: Nebraska Triumphs, |The outside rate was slightly easier at | paper was steady, with a good demand | Unlied Bonk Tt Hunzary Ths'44.. 11 34y 33 UnStWeHA4T. 11 23y 22 Ygstn S&T s A'TH. 1 Bell Tell 58°56.. 8 103 103u UdStW e RASL., 3 34 22 Yastn S&T 65 B'70. e i 9 Seomonnntte b U'S & Brit Int Ltd A L ing pro His activities will relate 1.10a1.20 Colorado - McClures, fair.2 per cent, and Federgl funds. were | for prime names. Ra . 2 2% it g A, to I ! ihrough merchandising. quality. 145; Idaho Russets, No. 1,/firmer at 215 to 3 peghcent, against | changed. Time money “8:5 \;a{:fi ::d §g§}5§ H;\ 3 A : o ol cad industrial development. 1.50a1.65; Commercials, 1.25a1.30, 2% to 2'3 per eent preMously. | unchanged. niversal Tr Sh . weow