Evening Star Newspaper, December 8, 1931, Page 13

FINANCIAL. THE EVENING STAR, WASHINGTO. D. C, TUESDAY, DECEMBER 8, 1931. FINANCIAL % A—-13 BUSINESS UPTURN || NEW YORK STOCK EXCHANGE | [STOCK PRICES SAG "% enammes ovonso| EFEE R RS e it 2 Europe in Indian trade. penditures were $11,494,543.21, Recelved by Privale Wire Direct to The Star Office. By the Associated Press. g While credit conditions abroad leave| U, S. TREASURY BALANCE. CLEARING HOUSE FIGURES. IN ]w FURE[}AS]. D e - e T e . |Ga " ior Do Maw SIS Nk Lew Ohes. Chk. AFIER EARl.Y GAlN much to be desired, careful and sys-| The United States Treasury balance m ‘Washington tematic procedure on the part of Amer- f close of busin High Lo Dividend Rate. Add 00 Migh Low. Close. Ohee. | 14% 10 Duplan Silk (1). 50s 10 10 10 - | announced today as of c! of ess | for today, $4,75 Y0 “Tu AbiObi Pwr & Paper 2 TN I TN 107 53 Dupont de Nem ( 57% B4 54l lcan shippers are productive of con — 124% 101 __Du Pont de N pf (6) 1024 1024 102% siderable benefits, SR _Du Peatde N st (8).. 23% 4% Adams Express T e e iy Market operanons Res“‘lct- Many domestic exporters have lndl-l L 13 Re- 10 Addressograph (1).. 23 201 cated to the Department of Commerce Boston Economists See Re-| 2 o gl g1+ 10 L 128 a relatively favorable position in their 14% AMliated Prod 1. . : 3 2K T4 Baton Axle & Sprc1) 8 ed Pending Publication of |foreign markets through successtul co- 52 Alr Reduction(t4%4) versal of Present Trend 1% Atrway Elec Appl.. 36% Eitington-Schild pf.. operations with accounts which they T4% 20 Elec Auto Lite (4). . know are responsib] d = Next Year. ; & Ml B ot 0 President’s Message. | necont” Slcesti Sipes sre s 4 ¥ 9% 2% Elec&Musical Instru P ly inform regarding their . 60% 14} Elec Pwr & Lt (1)... connections abroad, keeping in mind ln res C() p()u]l ed wice ear GBia 57 Eleo bwrkLioF (- et et e SR AL L TR T gk oo e~ s 29 Eec Storage Bat (4) Special Dispatch to The Btar. until "the revival of normal trading Systematic saving through this Association will instill % Elk Horn Coal. NEW YORK, December 8.—8tock | Shanghal trading interests, cited as in you that spirit of thrift which will start you on the % Elk Horn Coal p: 1 market operation during the morning | An example, are enjoying the best trade road to success. One Dollar or more will open your 54 Eaus omes ids s hours wers restrained, pending publi- | 91 AR time during the last two years. Ty : cation of the President’s message to i X to the need of replenishing stocks which i The overnight announce- | have been held 1o a misimumn dusing Money Available for Real Estate Loans { the decision of the Interstate | the period by hand to mouth buying. No Commissions Char, Gommerce. - Commission, allowing . ahe |, LKEWse, American merchandis. in s 111+ sedess Copfz830w.. BY EDWARD C. STONE. l‘(ll)) ‘The endless stream of forecasts on Port Cemt (1) business in 1032 has started. One of 18 Amerada Corp (1)... % Am Agri Ch of Conn. the first comes from the United Business 0% e Ao Guoen (DAl Bervice of Boston, which presents the | 1 Am Beet Sugar following interesting views 19% Am Brake Shoe(1.40. # 61 AmCanCe (t8). ... 2 2 Business volume—A reversal of mel 5 adibarhPeund 3% Eureka Vae CI downward trend cf business will take | 321 Am Car & Fdy pf (1) " 1% Evans Auto Prod place in 1932. Activity is expected to ! 31% Am Chicle (13)..... 5 Fairbanks-Morse { 5 Comel Alevh 24 Fed Lt&Tr (11%).. SMEMES shoese ikn muemally 4 U 2% Am & For Power, ] 4 Fod Water Service A the Indian bazaars appears to be retain- . - . . railroads to put the rate increase into . sheen ek g i B2 | e S pmm e vl | Columbia Building Association Spring. By Pall sustained recovery will ek BN % 22 Fid Ph Fire in(2,60). Brousht some buying of the raiiway | Putable Indlan merchants are buying 716 11th St. N.W R i 4% Am H; St'ship (1). - * ange of prices. e gains, how- year of stability in cmomodity prices as | g 814 Am Hide & Leath pt. . 0% Firestone T&R pf(6) B ek Il I e Behbd B .?,'.‘f,’:, 3,0.,.,,‘::?_, e UNDER GOVERNMENT SUPERVISION a whole. Raw materials will be higher 37 Am Home Prod 4 4 45 41 First Natl Strs (3%) the industrials, showed a sagging tend- Frevailing intereet and commimion tte: Member United States Building and Loan League Falling prices will probably continue in 104 Am Joo (2. . ; % Fisk Rubber........ ency. Joseph 1. Weller 20 wasn.t. many finished products, however. 4814 Am Toe pf (§) . 13 Fisk Rubber 18t pf. . oseph 1. [ Reotgll ‘trade——Bdles are expected to 6 Am International. % Fisk Rub 1st pf cony Prices Drift Uncertaintly S = = increase as the year progresses, aided 2% Am La Fr&Foam pf. 5 Fouonsbga Bros. ... 2 W Virginia railway directors, declared by more installment purchasing and 7 Am Locomotive..... 10 Foster-Whaeeler..... & $1.50 quarterly dividend. The rate Meney on Hand to Loan on better employment conditions. Agri- 0% Am Lo'motive pf (1) 18 Fourth Nat Inv (1.1 2 served simply to illustrate difficulties . cultural buying power should average 16 Am Mch & Féy 1. 3% Fox Fllm (A). . 71 ot _operation. First Deed of Trust about 5 per cent higher next year. Re- 1% Am Mach & Metals 43413 Freeport-Tex (3).... The market is belleved to harbor a tail prices are expected to be lower in 5 Am Metal Co 6% 14 Gabriel Co (A)...... large short interest and there was no l 1932 21 Am Metals pf. 3% 3§ Gen Am Tank Car(4 disposition to extend that account to- 6 0 nterest Bullding—Total volume is expected 33 Am News (13% 4 9% Gen Asphalt (3).... 1 day. On the other hand, there was —some one a Savings Ac- to be slightly higher than this year. It 14% Am Pwr & Lt (21 0 16% 25% 14% Gen Baking (2).. 2 no important buying either. Stocks 2 will probably amount to $3,500,000,000, | g5 5 Am P&Lt oA st “ 114 95 Gen Baking pf (8). were left to take care of themselves, Reasonable Commission and count to build, you do more compared with the 1931 total of $3,250,- | o 7 Am Radiator (80e). . ke 13 1% Gen Cable . One of the few features was the Prempt les to 000,000. Building c:sts will be lower 10 Am Rolline Mille. .. 10% 10% 2514 4 GenCable (A)... 2 4 = | Applicst! - than help in a practical way: next year. Residential building will be 27 Am Rafetv Rasor (5) 20 30w —1| gg* f, SemCavle (A) heaviness in the {ood shares. Borden P y was freely sold, perhaps reflecting the A e insti o ;;mmulmu also by the Federal home i Amim;.:.r;‘o.;.”“.) fl: n: a“" 25 Gen Clgar (4) 3 iy il Olyuduflg;‘ i The prlge ~ JAMFS F. SHEA | ] You instill perseverane an plan 5 19% Am Smitg o % 24% Gen Electric (1.60)..15466s L Automobiles—A slight rise is ex-' 18si, 9814 Am Sm & Ref pf (1). 90 99 99% o milk, but possibly responding to tax [} g mold character, 9 124 11 Gen Elec spec ($0¢). s . . N.W. i W Y pected in 1932. Total output will prob- 28 Am Snuff (+41%). 3 3T a7 Pt A el DL selling. An operation likely to confuse 643 Indiana Ave. N.W. I ably be in excess of 2,500,000 units, 100 Am Snuff of (6) s 1014 101 101 R e et Caenh e price movements for the balance of the st A 1 which is spproximately the total for 1 Am Solv & Chem pf. . 60 3l Gen Mills 3).. 2 m:, .;‘:fle%{lofifl?m&{' Kh“fiz :;‘1,‘} . T t . {Surely there‘s a by o girl 1831. Prices will be lower and a greater 614 Am Steel Foundry. a:& n:": w: Sofsy, Liras Locometive mals & Haw i on your Christmas list, to eI Tty W Ty wnid T e ; year's low, but the so-called pivotal TN T whom an interest - earning Bonds—A highly selective and irregu- 20 Amsurar Retot (1) 1 o industrials fluctuated idly. o ! account at this old bank lar bond market is in prospect for L 121% Am Tel 844 22% Gen Ry Signal (§)... Gains at Opening, Because of the phe = X would be a most benefici: High-grade, short-term bonds will con- 94 % Gen Realty & Utll Prices opened higher. An advance in s eresie ool o v " holid b beneficial tinue steady. Government bonds will 744 17 Gen Realty & Utl the rafls was the 4 o 4T o oliday remembrance, be under pregsure. Foreign bonds will 164 3% Gen Theatre Equi Atchison 8t 95% was up 1. Balti- . 8 Harvard Terrace follow an erratic course. 38% 9% Gillette Saf Rasor more & Ohlo at 25% rose 1%. New Homes we are now tocks~—The industrial hould 70 Am Wat W 1at pt(4) ~ y < [ e industrial averages shou) m Wa Th 3 Gimbel Bros JYork Gentral st 337 Bained 1%, Penn- L E -vg::hi:‘«;m:r:i:::; g NATIONAL SAVINGS rise about 40 to 50 r cent from 3% Am Woolen Ceo. 16% 4% Glidden Co. the 1981 Jow point in the first half of 20 Am Woolen Ce bf. .. 3% Gobel (Adal: Pacific was up 1% and Union Pacific { investment opportu- 2 & TRUST COMPANY up 2 at 83, nity secured by the News developments included the I. C. 9% ) next year. Prices will probably react in % Am Writ Paper ctfs. 4214 17% Gold Dust (33%) C. consent to the raliroads plan for most staple home The Oldest Savings Institution in the District of Columbls the Summer and move up again in the 12 Anaconda Copper. .. 3345 20% 6 Goodrieh (B Ky, r Fall. Stocks prom to be substan- 5% Andes COpper....... 52% 16 Goodvear T& R (1), 0 sple ho: pooling revenues for specified rate in- values .in ashing. Ereases to make loans 1o, weak lines, a f ton. Gorner 15th & New York Ave. Tise in steel ingot output, a fractional | ise tially Bigher at the end of 1982. z;s :;:‘\::; :; g].x(:r)u 13% a? Gotham 8ilk Hoslery ) raham- Two Firms Declare Dividends. % Armour of Tll (B) 2;4 L‘. gm;cl::lg . | At the regular quarterly meeting of 6 Armour of Ill of. 26% 2% Grand Silver Ster Tise in sterling here and the irregu- il Initial Offering larity of the London securities market. Later in the day the President's mes- I FIRST sage was expected to be a market factor. the board of directors of Emerson's 2% Arnold Constable 18% 7 Grand Ointen...... meeting for divend setion w0 toe mare | | i MORTCGAGE F. B. KEECH & COMPANY Bromo-Seltzer, Inc., the regular divi- 1l Associated Apparel. 46 3114 Grand Union pf (3).. ket opened, appeared at 27, up 1%. dend of 50 cents share, plus an 84 Apsociated Dry G(1) 29% 14% Granite City Steel(2) extra dividend of 50 cents, making 2 8713 Alch To&S Fe (10)., 42 25% Grant (W T) (1).... United States ggel Corporation was up I Members of 1 at 54'4. Allled Chemical at 77% ad- BONDS 108 9% T potecs S #414 Auburn Aute (f4). . 341 1264 11514 11614 L LS O total of $1, was declared payable on 79 Atch TokS Fe pf (8) 69% 20 Great Northn pf(4). class B common stock 38 Atl Coast Line (4).. ¥ 3’?’&1‘1‘,:0?&?0,, January 1 to stock- | 10% At] Gulf& West Ind.. 23% 12 Great Northa Ore(3) New York Btock Exchange Y Washington an = i i Amerian can rous % w0 | [ PRI o o T B8 TR board of direc- tin Ni 108 16 16 18 3% 26 Hahn Dpt Stpf(6%) ¢hanged, but Westinghouse Electrical at | 6 ew York Ootton Exchoare At (A8 meeting of the bosrd of direc- 184 Avietion Cach Baly. 16 H 3 72 Hamapren!.. 108 72 T |3 s up S General Motors way 0 vy York Brutice Exdhunes Vet Shirio e v z TR 5% G5 1ATh LT 16 Harb & Walker %. Aul | New' York Ci . Inc. . Y. ular quarerly (R4 5% Haldwin Locotative % N P Bt e B point at 12, Standard Oil of New dJer- it | WITH SAFETY lineasarss Shamber of Sommires Notiobolblids Exchanse! EE i ety s 40 okt oo g S TR RO sey was unchanged, but American Tele- Bremen Cotton Exchanse (Asvoe. Members Wolders of record December 21. G, F. 31 Baite& Ohlopf (4). 3 . 1% Hay! gflzn;’: é,‘www:,/upmfi. Nm&efl H & e tingide o o Db 4 1 B 83, umbargiepd (RM 1. can at 37l and Southern Caiifornia GRAINS COTTON Inc, was recently elected to the board 80 Bang & Aroos pf (1). 20 2 i gt T of directors of this corporation. & 4% "Barnsdall cu:)-. 5 b+ The stock of both these concerns 33 18 BayukCigar@).... S listed on the Washington Stock ExX-| 90 65 Bayuk Cig 1st9¢ (1) - R % trice P . Bank Reviews Employment. 12% Bendix Avistion (1). The Federal Reserve Bank of Rich- 24% Beat & Co (2)....... mond, in its monthly review just pub-| 76s 224 Bethlebsm Steel 13). lished, says: 78 Bethlehem 8ti pf (1) “There Was no net mcruummmem- 7% Blaw Knuflt&.) PA loyment dt the t mon e 20% Johm Alumn (1%).. Reth v maumu.p‘: few industrial Bon Ami (&) (+§) iants workers, but, on the other d, there was & further seasonal de- Borden Co (3) cline in outside work, and fewer short-| 30% 9% Borg,Warner time jobs were offered to idle people. & Botany Cen Min ( Unemployment appears to be most ex- tensive among workers in building trades and employes of relatively small in- dustrial plants, and there is also a large surplus of clerical workers. In the fifth Bkiya Union Gas (5) district the tobacco and textile indus- Brunsw-Balks, ..... tries are using their normal quotas of Bruns Term & Rwys employes, and most of the large em- Bucyrus-Erle .. ployers of clerical help have retained Bucyrus-Tirieev of, . their forces, but smaller employers in ' many instances have been unable to| keep all employes. A few instances of stagger work has been noted, and a Bulova Watch...... wider use of this plan is consid- | Burns Bres(4) v.t.e. ered by some corporations and political | 85 Burns Bros pf (1), .. Jurisdictions. All authorities agree that L0 = Burroynh & l‘"!l \6)) there is little chance of material im- 16% Bush Terminal( :‘ provement in employment conditions in 1'« Butte Copper & Zine. the next two or three months, and 3% Bitteriek Ue. Jocalities are making extensive plans 12% Byers ¢4 M) for relief of distress among idle workers.” 10% California Phek! 35 Calumet & A Today's Trading on Exchange, do Tt oLk EaA s Business on the Washington Stock Canada Dry G A (3). Exchange was limited to two issues to- | Canadian Pacifie 1% « day, one bond and one stock. Washing- 5% Capital Admin (A).. ton Gas 55 figured in four $1,000 sales 131% 8t 100!, same as other recent sales. 116 Mergenthaler Linotype witnessed a sale 523 of & 50-share block, ex dividend, at 378 60, off ', from the last previous 25% transaction 8 +41 4 P44+ FrRssrx 222" FEES FEFETEF LLth+td - it IS P mruSaansn H+ H1 L H44 holders of record, December_15. John 95 Atlantic Refining (1) 1698 fl.: ‘& g;::: 3;-;;?&-!(-{}. F. Brawner of , Brawner & | 20% Atlas Powder (4)... 2 oot oy g Seod Co.. Inc., was director of the | 771 Atlas Powder pf (! 9 9% I +1 F FF FTFEFEF § FE FFEEE 8% 11+ r ¥ i DEVEELOZ_M!'&J;CORP. Continuous Quotations by Ticker, Sterling Rate Lowered. i 1420 K 8T, M. e w,l‘mmwN' fi?;‘"','l' Swtingd "”'_, | Teiephone NAtional #949 Complete information—silver futures market. Out wa! lor announcement of . the ugnvel;m;xen:.’s offcial posltclgnnh: the We a;e ell;::gped to handle promptly orders matter of lorelyn exchange, Portugese han banks yesterday lowered the steriing ; X o ing exchanges of the worid. Tate, buying escudos at 107.28 and sell- | at 108.59 per pound, (TP ormcesin W H CORNER 17TH ST.,N. W., WASHINGTON brought sterling parity to the Si cities NATIONAL 0245 dollar to 3.32. At the same time the bank of Portugal “""“‘m‘mg Rficcivc U New York Onhicago Phiadelphia Providence supporting reports the government Srooklyn Detrolt Winnipeg purghases, and this was in shortly would issue a decree fixing a | s new value for the escudo. No dedlings in gold standard curren- | | dfi h:e':e cu{:fl;‘d ou{t uy’uwdny because V4 :Llon, ncertainty of the exchange situ- 31319 MONTHLY - —e— — REATES IT... PARIS BOURSE PRICES. Learn how Investors Syi & ot conE amtags B2 TR O At T E&,‘,o';-; and Apartment House 5% Hollander Son. 81 Homestake M ( 52'% Househld Fin pf 4.3 Houston Ol ...u.ue Houston O] (new)., . Hudson & Man (3%) Hudson Metor (1) Hupp Motors, PO R weammn Ko - 2 LTIl TOL A [ ppepueey ©; Refining ingersoll Rand ( Inland Steel (2).. Inspiration Copper. interboro Rap Trans 3% Interlake Iron . Int Bus Machine(né) Int Carriers,Ltd §0e. Int Cement (3)...... Int Comibustion. . ... Int Harvester (1%). Int Hydro E1 A (e3). Int Mateh pf (4).... nt Merchant Marine Int Nickel of Can 20¢33b Int Paper & Pwr (A) Int Paper & Pwr (B) Int Paper & Pwr C.., » o mE 20028 e 00 e B0 per cent loan, 99 francs 35 centimes. 1 Exchange on Leondon, 83 francs 37 date. Clionts recel centimes. The dollar was quoted at ;‘6 n past twelve MANAGEMENT franes 53% centimes. months. Send coupon for free Int Paper & Pwr pf.. —_—— explenetory booklet, "Multiplying Int Printing luk, .. SILVER QUOTATIONS. Money. 5.5 p OU can appreciate what Int Printg Ink pf () NEW YORK, December 8 (#)— ; |7 To the Investors o A Int Rys Cent Am. ... 3 3 Noon—Silver ~ futures bavely standy, JSTEN. \Fradiae e : : an advamafge it is in the nt Rys Cent Am cfss sales 500,000 k naders over N. coast-te- Int Rys of CenAm pt } cents: December 2 '::lfi: Qfi‘:r‘c‘l:,m;‘o!(‘;: Soat sheln avary Suadey of 1 R T T b i May, 31.10; July, ungicted; Soptembn 215 P. M, Rastern Standerd v s house to have some one with [nt Shoe (3) unquoted. oo ; experience and facilities con- . 200,000 INVESTORS DA NEW YORK BANK STOCKS || firsaimwivmis oo eI stantly on dury. Iowa Central RR ; | f That’s what happens when lland Creek Coai i) NEW YORK, December 8 ()—Over- NOBRs 46 st ieersncsnninasiatossenses 1 our Property Management B Wil B LA the-counter market: sy B0% 18% Johns-Manville (1), Department is in charge. “With Federal State and local gov- 304 9% Cerro de Pasce (1 1285 99 Jones & Laurh of(7) Banks. wrnment expenditures increasing at a' 234 3l Checker Cab Mrf, O R TR T T Bid. Askbe i Efficient, unremitting serv- tremendous rate, the mounting burdens 464 23's Ches & Ohio (23).. x 140 fo vNomipus Ty gnatham Phenix DL gen VESTOR ice—and for a nominal fee. of taxation constitute a sorious menace B4's 14% Chesapeakes Corntd) x A T s Ca ) Firat National N Y. 00000 ol o388 to the future prosperity of business,” i, 3 ChiGreat Westera. . e s : Manbattan o ¥ no P YND'CATE says Henry H. Heimann, executive man- 274 11% Chi Great Westn pf. 3 : ager of the Nationsl Association of £4 1% Chi Mi) StP & Pae, .. % Kelsey-Hayas Wheel ) FOUNDED 1894 A 2 F SA' ’L CO Smm Men, u‘:‘ h}:s monl{nyl m‘x;:o&r 2% "hy M1l StP & Pae pt 5 6 Kelvinator Corp. ... Bankers 932 Barr Building e y usiness sent the association's 25, €% Chic & Northwstn. .. s, » . ¥ members, here and elsewhere, 116 15 Chi& Northwestn pf Eonneot e Cont Hinoyer 100 i S 925 15th St. N.W. Nat'l 2100 Although prices are depressed, the & Chi Pneu Tuol p 9 \ Kimberly Clark $%. Bk & Tiillll 3 elephons, redit chlef explains that “it is well to 94 Chicaro R laPuci Kinney (G R) Co pf. y s ar in mind that while production is 16% ChiR1 & Pac 6% 1 L pire ! £ p at low ebb, consumption has not fallen | 174 Chi R14& Pac 1% pf. RoimsaDepi oty : MORTGAGE LOANS to the same extent. When we consume | & Chicago Yellow C(3) Kreuger & Toll 1.61 i . 1 more than we produce the length of | 814 Chickasha Co(ton Of) 1 16% Kroger Grocery (1). New York time required for the resumption of 11% Chrysler Corp (1)... 1 production is constantly shortened and 265 City Ice&Fuel (3 1 7% 40% Lambert Co (%) it s a favorable indication that the | 664 City Ice&Fusl p § wheels of industry must soon again be- 1 City Stores . [ ] gin to turn to satisfy consumptive 22 2 1 1% A ve wants 17 97'% Cucon-Cola tvh.”,.. 9% 35 :A:&v:x“rb('o.n-‘g 40 315 4913 Coca-Cola (A) (§)... k ok i § Heard in Financial District, b e B A - Liggett & Myerat o) President Robert V. Fleming of the T4 Collins & Alkman Ligg & Myers B (1) Riggs National Bank and President 814 Colo Fuel & Ivon. Lima Locomot (m2). Corcoran Thom of the American Secu- | 16% Columb G & B (1%). 3. Link Belt (1.60). . rity & Trust Co. have accepted invita- | 76 Col Gas&E! pf A (8), 1| .68 Loew's. Inc ¢14) ... . tions to serve as vice chairmen of the ' 33 Columb Carbom (4).. | Loew's Inc pf (834, Gommunity Chest Campaign Commitiee | 8 Comm Credit (1.60), -3 Loft Inc. .. for 1932, Chairman Colladay snnounces. | 16 Comel Cred pf (1%). 5% Loose-Wiles (13) B 3 TR MR IO JEIHe! 3 3.2 e o P =P FOLGER, NOLAN & CO. INCORPORATED INVESTMENT BANKERS ANNOUNCE THE OPENING OF OFFICES American Security Building 8 offer our facilities for the placing of your investment Fifteenth Street at Pennsylvania Avenue funds . . . for more than forty years the » B TSI I The wholesale price index of the N 92 B5% Comel Cred 1 Lorillard (P) (1.30). tional Fertilizer Association establishsd 15% Comel Iay Tr “ [] 6% Lorrillard (P) pf (7) & new low for the week ended December 914 Comel olvents ( Louisiana Oll....... 5 when it stood at 66. The figure re- 44 Comwith & Bou (3 s Lou Gas&E1 A (1%) flects a decline of 8 fractional points | 617 Comwlth&Sou pf (§) 2 Loulsville & Nash(4) during the week and follows a declins | $% Congolm-N 9 | 1o = 54 Ludlum Steel of 7 fractional points in the preceding 20 « 16% Ludium Steel pt week 3 46 Consol Cgrprpf ey, E Corp November sales of G. C. Murphy Co. 3% Consol Fiim. ..., 2 : Hfid‘l’.‘i"ifi’u‘fi‘f"' totaled almcst exactly the same as in % Th Connol FiLin pf (3)., : Wl g 2 Meintyre Pore M(1) the like month a year ag), being off 61 Consol GasN Y (4). MbK'é!nnrlTPldl 08 per cent Sales for the first 11 #3 Consol Gan NY pf(§) L b Mcl\'e!m\h&flohbih'l months of 193 e 13.3 per ahead 4 Consol Textile. ..... » 3 McKes&iHob pfc8ig) of e similar fod a yer ego. 30 8% Conut Baking (4)... Melel'an Stores The announcement that the &meri- % Contl Bakiag (B)... * 30 Mack Trucks (1) can Telcphone & Telegraph Co. is ex- 40 Contl Baking pf (). Macy (ItH & f‘gu‘:!): pected to earn $9.50 a shrre on com- 3w A:m\(ii'ln Y% . Magma Conper<1).., mon this year, as annodnced in The i Cont :’)hmon,d Fibr 3 Mallison & Co. .. ... o T T . o~ e s st s e e nominations—PROFITABLE in the a1 yesterday, mrouted wide satisfac- 5 Con Insur 12 40) 2 5 M, Sug L] 57 1:;“ among the stockholders. i Washe : :\' ‘.,‘m: l’lt;vor\;:A ; M:z)l‘;“‘l_u:ré’:‘ s *mmmlmmnnl||m!mmnlmmnnmmmmuunumlummmmummml||1|||mmu|||||umnnuulnmmm* ton. ‘s Contl O4) 1 1 > 'y highest interest yield consistent with a 29 Manh ichmond reports that November 12 ‘s Contl Share s " § 2 anhatian: Shartii) . AT M M one 0 conservative investment, bank clearings amounted to $135- §6h 3814 Corn Produets (3)... I 1 e AL e . y Available }0" Mortgage Loans 3 407.000 ageinst $193,637,000 in Novem. 15213 126 Corn Prod pf (1) 3 Marine M1d1d (1.30), ber, 1930. For the 11 months ended 18 3% Coty Inc. .. 18 -1 2 ¢ Market 8t Ry pr pt. 3 November 30 clearings amounted to 38% 186% Crown Cork (3.49' OU CAN be atténtive con- $1,605.087.000 against $2,003,010,000 in 63 22 Crucible Steel, Marmon Motor Car... . sure of prompt and : (o] SR CIOn H. L. Rust Cnmpan}' has been makifxg first trust loans on improved properties John Clifford Folger Telephone in the District of Columbia and adjacent James Parker Nolan NAtional 0402 Maryland suburbs. Investors have found the notes SAFE in the abundance of the security — CONVENIENT in their de- 00 00 08 g <3 po 19 N g 00 the like 1930 period 1 Cuba Cane Preg % R £ sideration of your application for a FIRST- The total number of General Motors 6% 1% Cuba Ce, 2 May Dept Stra (3% TRUST LOAN-—upon apartment house, office Ronuach 1:3: % p;;f:rr'r;d d-wckhmlolfl:‘r; i 2 n:y::xg:::r (l;-(‘x % building, residential or business property. 313117, compared with 203,714 for 3 ytag Co latpf (Q Ci Melville Shoe (2).. All the preliminari ill ducted without un- for the third ter of 1931 and with 14 Curtinge Weig 3 preliminaries will be conducted wi AR K G L U 2 Cortie W rieie S 2% - Miami Copper, .. .. " FIRST MORTGAGE NOTES 14k 8% Cutlor Hymimee. ] 5 Mid Continent Petm. . necessary delay—and when approved, the money is 2 - t Midland Steel (3) available at once. Loans will be 1 POTATO MARKET. s - ; Mine Maiiad Paw... ke T made for 3, 5§ or 10-year periods, 270 CHICAGO, December 8 () (United 102 20% Del Lack & Wa 2)., 2 A % A and at . PR States Dcpartment of Agriculture)— 45% 7y Dervar & RG W pf,, 7 : 5% Mo K RN T Potatoes, 31; on track 242: total United 112 Detroit Edison 18). . ‘-ANDALL H. HAGNER & COMPANY H. L. Rust Company ) 1001 Fifteenth Street National 8100 dredweight, Wisconsin round whites, 13'y 1ot e \iney (1) % Masouri Pac pf (5). MoureacE Loan ConpEspoNDENT Mohawk Carpet 2 No. 1, 80a85, occasional car, 90; un- . 24 Dominion Stores t1 8% M : % W led, 70a77%,: Nebraska muw: nu Doug A‘.n-r‘lllll‘l‘ 134 ’Jui:".:!?"fl;ii.w"‘ ./i/w% 2 Btates shipments, 457, about steady; 23 ' Ninmond Mateh (11 2 B M actfie. . . trading rather slow: sackes. per hun- B8l Diamond Mtch pf 1% ' et AL 008110, few fancy, 1.18; Ideho Rus- Dresser Mtg B (8) 16 : sots. No. 1. 1500160 fromen bottoms, T8% 424 DrugGors ), o dotor e they: 1321 Connecticut Ave. 1.40a1.50; No. 1, 1.05a1.10; commercials, 1% % Duluth 88 & 4t1 ' 1 W Ai0a115, few, vary hest, 120, _.®% 2 Dunhjll Inte