Evening Star Newspaper, December 18, 1931, Page 14

A—14 wax FINANCIAL, THE EVENING STAR, WASHINGTON, D. C., FRIDAY, DE i F 1931, FINANCIAL NEW AUTO NODELS | | NEW YORK STOCK EXCHANGE | BONDS STRENGTHEN] [ox e oo BONDS o vmwes] HNE ELECTRICITY Received by Private Wire Direct to The Star Office. Received by Private Wire Direct to The Star Of UNITED STATES, Sales. High, READY F[]R MARKEI (Continued From Page 13 T ke eue I UN BE.I“IER BUYlNG (Sies sre 1n 31,000, 11 Rell Tell 5a°56... 3 100 Hou" 100 | I R ey R net & Repubiie Boer ™t . High. w. Close. Bales. High. Low. 2.55 111 Cent 4s'52. i 26 36 SHEI0ame 1k RS e T2 oY T 2 2 g X RN el enpe. a0 T 1T, T o 3 Rerunlicstealpf.’l e 11" 8" 11 Lt 3TTAT 160 100 o b ) o) Cem AR S8 Za 5 Kelly-Spr T 89 ; 81 et lyoeneL R 2 ! L 4th 4% = 33-38695 100 97 ay WSt4%n Bl A 13 T i 26 5l Kelly-SprT8% pf.. 208 11 1 ey 7 Revnolds Metla(ii) 4 & 7Tu L4th4lz 95 9 99 | Inlana St 4 3 13 g i lnduslry Follows Out Policy -’;gl. an {:‘e;s?-]‘{.y‘;u Whest 8 3n 3 3% *1: sEI' :‘emom,smng.f‘ : US: Long-Term Issues l‘,ién‘:."‘{“ b }.‘, 87 81 ;:\1[5'(;,‘:_::,,. o oin 9| Recent Figures Indicate a ; : 51a Celvinator Corp, 20 T ™ 4 1 9 ReynoldsTob A (3). x30s . ISiRsMATE 5 916 7 : X : i 60 20 Kendall Co pf (6) 20s 21 21 (S 3314 Reynolds Tob B = X U5 334a 2 o s vds Int Rap Tr sta '66. 38 of Presenting Cars in o et W T B B 4 RexnoldsTobs ). 2 56 Prove Exception to USIRsIa03. 10 e It pap e e Greater Degree of Domes- d 41 1%, Kimberly Clark 2%.. 2 S 15% 1% RIo Grande Of1, : 15 3% 414 93 n e ; : 3 Winter. 70 5 Kinney (G R) Co pf.. 2008 8 - 5% Ritter Dent Mfx, ., 3 General Trend. ek e : IntCament ba a8 5 tic Consumption 20% 141, Kresgo (SS) (160).0 ~ 42 16% 3% Rossia Insof Amer.. 10 U'S 4%s47-52. 291 101 15 10 e N ey a . ol 15" 100 Krenge (S5) 5t (7)., 608 102 100 13'; Royal Dutchof NY.. 12 _ % 2. 2 Int & Gr Nor 6532 i R " » - 13 29'; Kress (SH) Co (j1).. 2 3 R AR R — # 2 o o S Bales. High. Low. * > e ikl pyelg i o > LA DATED o WU, 27% 4% Kreuger & Toll 1.61). 97 5 Bareayi: B 2 BX F. B. RECHARDEQ ADItIDI PEP 58°53. 13 40 21y IXEEYCro R ae .8 BY GEORGE E. DOYING. Rl enitor Bt PAsocs feu e 351, 1215 Kroger Grocery (1). 63 147 Y Strs pf (6).x 208 : Special Dispatch to The Star Int M Co 65 ret'd1.. B ey ) Safew o Adams Exp4s*48.. 1 66 62 o ’ Pl B DETROIT. December 18.—Just what 40"y Lambert Co () 501 7 sun,:‘y.hsi?.S'(‘,’,"‘ e "o NEW YORK, December 18.—The | Alicghany Cpos'dd 3 40 Int Match 55°47... 4 0 : | NEW YORK. December 18.— the Winter introduction of new models 5 TehbortCinet 5% 5% BT Ba T A | bond market was definitely stronger to- | Allegheny 5s°49... 2 22 el 12 | heiyeragerrevenie b HloRat s 45 going to do for the automobile in- 74 Leh Port Cmt pt (1), StL-San Fran pf(6) | day. with the exception of United States | Allegheny 53°50... 2 1us, tren st %1y | from electricity used for domestic pur- dustry _remains somewhat uncertain, 1% Lehizh Valley Coal. . . St Louls Southwn. . | . 1) Government, long-term issues. Trading [Am Chain 65'33.... 6 &k INtT&T4%8'52.. o | poses continues its downward trend. th flthough a large number of the various | 615 Lehigh Val Coal pf.. St Louis Southwn pe, was in only moderate proportions AmFP582030.... 15 40 Int T&T cv ¢ p “) average monthly bills of the 20.421 4 manufacturers already have brought 8 Lehigh Valley R R. . Vb Ay The opening was irregular, but actu- | Am IG Ch 5%s 43, 5 55 2 £ s o |domestic customers continue to out _their 1932 cars | 69% 85 Lehman Corp (2.40). 14 Schulte Retatl Stores ally the market was much stronger |Am Int1Glen49... 15 69 4 0 e it e oiis s fas Whea the proposal to bring out new 1813 Lehn & Fink (3). 5 5 g Schulte Stores pf (8) than it appeared from the tape, chiefly |Am Metal5%48°34.. 7 45 E 3 0 e, tomers continue to increase their cars in the normally poor business sea- | 513 Libbey Owens Glass. 2. 5 g Scott Paper (11.40) | because the supply of open offerings | Am N Gas 6%s'42, 1 4 E s ‘1 of electricity gon of the vear first was suggested it | 39 Liggett & Myers(t5) 3 2 Seaboard Air Line pf |had been checked and offering priccs | Am S&R 1st68'47. 14 x61, .| Tapanese 534 7 THo L 46 a5 even 16 nee had three definite objectives. First of | 40 Ligg & Mvers B (15) + 2 Seaboard OMl. ... ; ete s beld v sliRabu Ve e et oUs | A AT RIR ¥ TG ok il oo g o B4, | hour for all electricity used in res: these was to avoid the disposition of | 3 14 Lily Tulip Cup(1%). 21 Searrave Corp. ... 3 i closing_quotations. For instance, New [ Am T&Tcv4lss3) 25 101 . Jugosl Bnk Ts 290 diicesiin Oclabe ot s o LSS buyers to withhold purchases in the | 12% Lima Locomot (m2). 3 + Sears Roebuck (234). 2 Tau| York Central 6s. a short-term 'fssuc, (Am T & T 6s'80... 15 555 & 9545 | Kcan C FLS&M 4536 Wt e o s TRT Spring while waiting for new models 9 17 Link Belt (2.20).....s Seneca Copper. ... sold at 74, up a point on the day. Then iAm mrf trbs 46, 13 49 IeATi Gity Son & 4 53l ago 1t was 6.08 cents according. to in Midsummer, the second was to im- | 55 131, Liquid Carbonic (2). Servel Inc..... | the bonds stood ‘at 74!, bid. 89 asked |AmT&TE3s'60.. 22 i1, Kan City Ter 4560, 871, | statistics just issued by the National prove eraployment conditions in the 237y Loew's. Inc (14). ... 2 s E + Sharon Steel Hoop e This was typical of the’entire domestic |Am T&T 545 43... &4 1007, | Kan G&E 4145 80. . 82 | Electric Light Association normally slack period. and the third 56 Loew's Incpf (6%). E 5 Sharp & Do pf (115) list and indicated the reason for the |Am W Wks is .. X0 Karstact 6s ‘43, ... 3 Yl Aot o i was to enable the manufacturing di- 2% Loft Inc. ... . 3 Shattuck (FG) (113 ) tapering off in the volume of trading. |Am Wat Wks 6575 3 Kerd 5%s 48 ww. . §1 5 46 l i mption. vision of the industry to clean up all Long Bell Lumb(A). Shell Unfon Ofl. . | The congressional committee’s action | Am Wr Pap 6s'47.. 2 7 5 Kresge Found 65°36 9 40 The average annual consumption per current stock toward the vear end and | Loose-Wiles (13) + Shell Union Oil pf. .. £ %1 oy | On the moratorium and debts was about [ Aryentine 5148 '62. 3 g Kreug & Toll 58'59. 26 431, Customer, based upon the §tart the new trading scason Wwith Loose-Wiles 1st (7). x200s Shubert Theaters. .. las the market here expected, but it|Argentine May ‘61, - LacGSt1.5s'34... gy |Bvaliable. is 575 kilowatt hours cleared decks Lorillard (I") (1.20). 3% 13 : SITRonEICo 3 . ., | proved to be a bearish influence on the | Argentine 63 Ju's sl ing in an average monthly bill Louistana Oil 11 4 SimmaPetroleum, * | London market. Sterling slumped near- | Argentine 6s Oc i e October rate of $281. Last First Objective Realized. 5% 177 Lou Gas&ELA (1%). 5 3 Sinclair Consol Of1 | 1y 9 points and reverberations were felt | Argentine s A 7. s s average consumption was 541 ki Supporters of the plan say the first Louisville & Nash(4) 3 2 26 Sinclair Ol pt (8). .. here in the sharp declines in British | Argentine 6s B ‘48 Sl e hours and the average monthiiy bill of these objectives has been realized Ludlum Steel....... 5 v 21, Skelly Ofl...... ) 5',s, Australian and Canadian securi- { Arm & Co 4% °39. . 3 e s 6868wl $2.74 es shown by a relatively good volume =z T McCall Corp (24).. 6 i : Skelly 01 of ww. ; {ties. The latter groups later firmed with | Arm Del 5158 43, .. i b : | In percentages the revenue went of business recorded last Spring in a T G Sotony- Ve nimicibe 03 . +.| the domestic list Assoc O11 6835 ... gyl Cosiandiee Bt . down 35 and the monthly bill went up year that was anything but normal NG P B0 Solv Am pf ww (5% ) The Street had reports that a strong | Atchison gn 48 ed e 25 because of increased consumption of While employment conditions are_far Meintyre Pore M(1) 1 South Port Rico Sug 24 3 7 #| bond pool had becn formed. While there | Atchis cv 4484 A e 63 per cent. The total of kilowatt rom satisfactory. sponsors of the Win- 3813 McKeesport T P (4). 30 7 B 2 Sou P Rico Sug pf(8) 5 9 { was no official confirmation of this. the | AtGulf 5859, . Lo & B)isares i hours sold to ultin consumers of all ter introduction ¢f new cars say they McKesson & Robbins 3 p Southn Cal Ed (2). .. S manner in which many speculative is- | Australia 435 Rl L classes. howcver. decreased 42 per cen are far better than would have been | MEL eI ones 60 3 3 271, Southern Pacific (4) } 4, sues in the ralroad and industrial lists | Australia 68 '55. ... 1t Lvons 63°34.. ¢ . for the 12 months ended October 3 possible under the former plan of pre- Mack Trucks (1). ... 9 P Southern Railway. .. B 1x, | rallied were taken as evidence of some | Australia 5367 % s B 1931 as compared with precedir senting new models n the Summer | Macy (RH)& Co(n3). 10 56 Southern Railway pt | new basis for support. Advances of 2 to | Austria 7s'43... . Me lx-vlvlkvR 5 ,fbv, year. Total retenue ultimate cor months, with a consequent contraction | “,o Magma Copper (h00) 6 South Ry M&O ct(4) ‘4 points were common in the rails, Austria 78°67 ctfy ; 36 :mm g4 l;( §‘~nJ A mets this T di ed 1o $1977 of output toward the year end NaHRG TR ey 20115 208" 29 : s Sraliing (AG) 1O | eghany 55 of 1949 gained 4 points (g g o aaegs. ... larket St1s40... 3 ) ith $1994 939 400 So far as surplus stock is concerned | Manhatklev mod gtd 3 11 Spald (AG)1st pf(7) 91 g Baltimore & Onio refunding 55 jumped | 5 & O 43 8 43 e oe B 4 -Ang vear 3 per cer the industry probably never was it Marine Midld (1.20). 28 Sparks-Withington. . 2 Lo aid pomts. and 5o did Rock Tland Te- o ay4ta 6., : Mldeslgstiegaecn ses_in_October | ared better shape in this respect than it Market Street Ry 1005 \ 1| 162 9 Spencer Kellog(8uc) funding 4s. Eric 5s of 1975, New Yc B&O 15t 5848, . wlibihol ihcara S o p October, 1 ater at present. The reducticn of stocks in | Murlin-Rockwell (2)x 173, Spicer Mfs...... ‘Cumui refunding 4'.s and Nickel | B & o rf 5a 9. .. MRt * in s goalers' hands has been going on for 2 Marmon Motor Car an, Spicer M{z pf (3)... 3 { Plate 65 Similar gains were scored by | s & 0 63 D 2000, : R R TR % per cent and wweeks in preparation for the new model 2% 4'y Marshall Field (2%) 3 9, 201, Stand Brands (1.20). + x,la long list of issues. including Atchion [ B & O 6595, NS saen L 19 per cent $ntroduction. and the industry finds| 3 SR 4 Stand Comel Tobacce general 4s. Boston & Maine 55 Chi- |8 & 0 Swdv ia'sn, H e Large com Rtcelf at the opening of the new year Mathieson Alkill (2) % = RSW 250 Stand Gas&El (3%). cago Great Western 4s. St Paul s, | ik of Chile 6a 47 MK & Tad ss 67, 4 Sev eone 1 with no surplus to carry over i'« May Dept Strs (214) ; 6474 297 Sta s&E1 pt (4) < . per cent | Chicago & Northwestern 4%s. Inois | Bk Chile 6% Siet e A few new models were brought out ! Maytag Co..e.es 101 40 a Pt (6) 9 | Central 4%s. Missouri-Pacific gencral | Belgium I\'SB (;)»'}\‘,'c'ff"l"'<". A162011 (e Buring the past Summer. out in Most| o 5 Maviag Copf (3) 5 109% 53 D) | 4s and 5s. Frisce B 5s. Southern Pa- | Beigium 6% 49, Mo Pacss A6 cases these already had been planned Melville Shoe (2).. e 3 B1% 23% Stand Oil of Cal(2%) F I'cific 4'.s and Pennsylvania grnl)r’l‘n.]mum 78°66.... 5 Pac't before the new policy was decided up: Mengel Co.... 5 A 106 &7, Stand Oil Exp pf (5). 2 y ] 4los. Efery class of carrier obligation | Belgium s ‘86, ... d Mo Pac 5 Whether the manufacuurers of these | NinEticone 19 % Stand Oil of Kans: a7 1 | was included in this group. | el Tel Pa 53 5743 e cars will carry on throuzih 1932 without | Mesta Machine (2). . 8 52'3 26% Stand O11 NJ (12) 2 In the uulities the bast gains were | Bell Tell Pa os C'60 Mo Pac rf 5881, .. 157 further model changes before the year | 5 Met-Gold Plc pf 1.89, 5n 5 Sterling Secur (A).. by Western Union 6'.s. up 3', | B Ind Loan C 6346 Mo Pac5imA 'S, 16 end has not been determin~d i 507 Mexigan Tetrlm. .. . 9% 1% Sterling Secur pf.... points; International Telephone con- | Berlin Cy El 68 Mont Pow 5a43... An interesting fact in connection with | Miami Copper. ... 4 40 16 Sterling Secur v pf. vertibles, up 3 points; American Tele- | Berlin C K 6158 50, lisrtteetase 1o the Midwinter new model policy of the | Mid Continent Petm. 2| 215 43 Stewart Warner... 5 y phone convertibles. up 2', points. and | Beth Stl pm 58 '36. | Mor&co 1st ¢ industry is the fact that the TFord| g Midland Steel (3). .. 5 B4's 4. Stone&Webster(m2) -. Consolidated Gas 41,8 and 5',s, Inter- | Bolivia R I - Motor Cn. either by desizn or accidont, | a Minneap fioney R(3) y 26 Studebaker Co(1.20) brough refunding 5s. Brooklyn-Man. 1 Bolivia 78 '69...... N . \assan Elec 48 so is bringing out its new car at th A 5 s 43 26% Sun O1l (1), - k 3 hattan Transit 6s. Phila-elphia Co. 5s | Bolivia 8s 47 T Ll s i of e oot Gererally thei S 400 15 Superheater Carp(i) 5 d Postal Telegraph 55 Industriais | Bordeanx 63 34... Nai Steel 33 :56. i Equipment Compary dbes mobien aloAgiwilh mun i Superior O1l. . 3 such as Dodge Brothers 6s. Texas Cor- | Bos & Me 5855 [rlerland ity T00LR1 CUGHRL L bers of the National Automobile Cham 3% MolRan & Texas. - 8 Superfor Steel. .. ... poiation 55 American Smelting 55 In- | H05 & Me i3 '6 s R Y e Count of Wired Homes ber of Commerce. which sponsored t! S icans S Thtae ot > Sweets of Amer (1). tenational Match 5s. National Steel 5s | Brazil 615526, 1 tait ey £ g 7 : oy new policy. ; Missourt Pacific. G Svminzton (A)..... and Youngstown Sheet & Tube 5s also Brazil 6138727, 0 1 . 3 . 12 nc ount of | ‘ Missouri Pacific « Tclautograph (1.40). improved Eiail Tasi e & 3 42 Rumnurs gAbouteNew irord, 1 Mohawk Carpet 4 Tennessee Corof German dollar bonds were somewhat | Brazil 85°417 Rumors regarding the new Ford car Monsanto Chem (173) 95, 2 i Texas Corp (2).. ... 5 improved. both the Young plan 5!, X EdgnA5s'4s continue to cover a wide fange of possi Montgomery Ward Tex Guif Sulnhur(3) : and the Dawes Reparations s gaining | FKIyn Man 63 ‘68. bilities. One report that has gained 501 Morris & Essex(37a) 5 Fii el ) 5 more than a point at one time. Ger- | -¥nUnis 45., considerable circulation in recent we k: Mother Lode o Tex Pacific Coal&Oil 2 man Municipals followed them into | Budapest 6s°62. .. is that the new c be of the eizht Motoiice Gamr. : TS Preine Lona Tr: - higher ground. . Colombiar and Brazil- | Fuenos A 6s'61 Py cvlinder type o1 acks oficial | 4o Motor Produets « 2 “\ Thatcher Mfz Co 3 1an issues were botter G Cen Bl ksl cognizance by the Ford company. bein Motor Wheel ( 5 245, Thatcher Mfg pt 3 2 3 Reports from Berlin that the Reichs- | R & Pitt 434575 based. like many ot umors concern- | 1 N ey \ . Thermotd Co. . bank had refused permission to several ' push Ter con o8 ing the compar 1 gossip $ Miullins ) i Third Avenue. .. . German firms desirous of supporting | CUP T Bldz 5860, exchanged between Ford ca 3 1; L . Third Nat Inv (103), 3 their bonds in the New York market. Calif Packing 53 4¢ 1 932,682 workers in the plant 5 rray Corp.... 3's Thompson (1 k) (1) because of the critical situation in re- Canada s 60..... 67 3 v Ed 332000 hat il be a radical 20" Myer (F E) & Br () JeE ey Thompson Prod 1 20. gard to foreign exchange there. unset- Canada ¢l3s'36. .. 4y Loibee, in the ne when it makes its ap- | TS L : 3 Thompson Starrett tled the foreign hist to a small degrce, | Canada 3s ‘32 g i S o pearance within the few weeks 15 T S Al 9 Tide Water Asso Oil. Municipal bonds were firmer except Can Nat Ry 415858 generally accepted rumor g e Tide Water As pf(6) . where there was some liquidation of Nut 4138 '57. th= most credence in automotive circ et : : : Timken-Detrolt Axle noa closed bank portfolio: his same Can Nat 4155’68, is that the new car will have a at Bella Hess. . 5 Timken Roller B(2). g 3 fluence was responsible for ne an Nat 43s 55, radiator, will be 4 inches longer. w : Nt Brscozi (580 5 J Tobacco Products. .. prices in Liberty 3 Liberty Fourth Can Nat3sJuly's gas tank he rear and that it will in p 5 S Tobacco Prod A ti5c 4'is and some ¢ e recently issued | CAR Nat5s Oct ‘64 clude a new departure in motor mount- Transamerica Corp Treasury descriptions, Can Nor 613sdb 46 3 o 166 8C ing designed to further reduce vi A st Prod (2). : Transue & Williams. The market was still affected by 1 Can Nor 7sdb '40.. > ¢ 4269 Hou e ; Tri-Conti Corp. ...... E rings of United States Gove Can Pacdb 4. . g ; ) ; o=t While the design of the new motor at Lead (15%) . 015 . 36'; Tri-Contl Corp pf(6) 3 bonds. but the price of these descrip- ‘'an Pacific 413546 5 3 Cam s still is being kept secret. it is learned | Nat Lead pf A (7). cts 26 tions were firme n in the last hour CAn Pac4i3s 60 » unofficially that cady are beilg, 15Ga 100 Nat Lead pf B (6). 100 i of Thursday's trad Liberty Fourth Uan Pacis 54, i FOREIGN EXCHANGE made at the Ford and that the 10'¢ Nat Pwr & Lt (1).. 1 “W5% 16 Underwood.EILF (3) 19 18 . 414s. which broke par on Thursday. to- C4r Clin & 0 65732, No Am Cois 61 o final assembly will be under way within | g 5 Nat Steel (2).... 2 S ;.‘}‘?,{y‘\':"h’ry:“ R Cay were turned over in sizeable biocks | oNt Pacis 60, {Nor Am Ed oe C 68 hed by W B & few davs 5 Nat Supply Co 27 Union Carb & (2.60). al 100, Cen Ry NJ g 5587, < Nor An Tos 63, Studebaker and Gr ige brought | NALSUPDIY P, onens o 11 Unfon Oil of Cal (2). 3 Foreign dollar bonds were irregular. | CIt-1ddb 3%y 48! Nor )T & L e out their 1932 models during the past Nat Suretv (2). .. 5'a 71's Unlon Pacific (10).., 3 i Weakness in sterling was reflected in a Ches Corp és'¢ 5 3 Nor Pac 3~ 2047 week. The Cadillac Motor Car Co. alco Nev Con Cop (40¢ E 51 [nion Pacific pf (4) arop of nearly a point in British 5!55. | C& O gen 414392 s Ner Pac 4= 07 3 has its 1932 mode s ready for formal Newton Steel. ... 16 UnTank Car (1.60).. 1} ; Canadians were somewhat lower also.! Chi& & SR ; 36 | Sn BRa nies 20da presentation. | 61, N Y Air Brake. .. i 3 5 9% Cnlt Afreraft. ... .. 1, |because of the drop in sterling. but CB & Q gen 45 NorStPwis A 41 While the year-end activities in new- N Y Central ehty 4 H Unit Alrcraft pf (3). s, | Germans were better and the South!C B&Q Istrf os 71 P Nor St Pw 62 B *41. model production have brought numer-; 21, N Y Chicazo & St L. Unit Am Bosch. American list ha- a firmer tone. In! hi& Est (15851, 20 ) =k orway 6s 43 ous workers back to the plants, the in- | N 5 ; the domestic list, Atchison general 45 | Chi Gre Wesr se 1 Norway fe e <custry does not intend to step produc- | N Y & Harlem (5)... 17 614 DaftCarbon........ were off a point. but other rails were Chi M & St P 4s ‘89 T iforns foy tion up to the point where any great, N Y Inestors. Unit Cigar Stores. .. irm. Industrials and utilities were in- | Chi M & StP 4155 C 5 Orient surplus of cars will result. The Michi- | N Y, N H & Hartford Unit Corp (75¢).. 3 active C M StP&P 58 15.. 4 gan Manufacturer and Financial Rec-| 119 NYNH&Hpt (7). Uit Corp pf (3).... 3 CMinean s N N N ¥ Chi & StLpf.. 5 Unit Biscutt (2) ord. discussing the outlook for the next | Y Ont & Western 2 Unit Blectric Coal. .. : 9 CHEN e o ac ] 3 i i few months. says In its current lssue Y Shipbuilding . ‘ at e g Washington Stock Exchange ‘hsw f5e0037. 11 35 o2 Gl : SHORT-TERM SECTRITIES 1t is believed that motor car com- | Y Steam nf () ... ; % Unit Gas&Im(1.30). CENW disa Cizost: b . Pan Am ; : i : panies will continue to adhere to pro- | N Y Steam 15t pf(7). s 3 Unit Gas&Im pt(5) SALES. hi& NW en s, ductions schedules based on actual Noranda Mines (2).. 1 dealer sales for the remainder of the Norfolk & Southern. 1 Winter. 5 Unit Piece D W (2) . S W hinstons G o 00 "hi& NW 614536, 3 T 4 i Negfolig . | Unit Piece DWpf 6% x 5 q 1% ;n,n\'.:; Feaen " ChiRI&P gn4s 88 3 6 Gab | | Norf & Westn (112). 12 2 U'S & Forn Secur. .. d «| Washingtor Gas 6 300 at 10 ChIRI& Pre s34 40 - i 5 | North Am Aviation. 10 S&Forsecotiey: 3 ¢ | W 2,:"(’]“—; ;M“:“ 65 “B"—$300 at 103'=. | chi R 1 & P 414853 est of Buying Power. i 26 Nor Amer(b10%stk) 197 ! psum (1.60).. 3 LR |ChiR1cvales 60, “The present offerings, combining | 3 41 North Amer pf (3).. psum pe(7 AFTER CALL. CTH&SE 1n 5560, th orders expected from the January . 107z 79 North Am Ed pf (6). S Hoffman. ....... i S 3200 at 1 Chi T H inc 6s 60 auto shows, will be regarded as merely | 60 14/, Northern Pacifie3) . : E S IRAT Ao Sk | [ mninetoniCanil BRSO s o st i as the test of buying power before the big ! —Jor— 5 Ohoonm e, p 1S Leather. .., - i ices. { Ch1 Un Sta 6135 '63 Tush of buying next Spring. Dealer| 5" 1 Gliver Farm Equip, 1 5 US Leather (A) 3 ; 3 Bid and Asked Price C& W Indcn 4<° cisplay stocks né cars being )\r]ld 0| 26 315 Olivkarm Eq pr pf. . 2 U S Leath or pf (7).. 5 BONDS. C& W Ind 5%s ‘62 9 a minimum. Chevrolet dealer stocks of 6 1% Omnibus Corp < U S Pipe & Fdry (3) PUBLIC N . q 5. aeen : LIC UTILITY | I'ear & Kine 45 10 new cars average less than two cars to| a2 161 Otis Elevator (3%).. 15 , “ US Pipe&Fy 1st 1.20 0 : et Ll : P 1 cach sales rcom. The 1931 models in| Ta. 3% Otis Steel, .. oovs 1 3 H 3 US Realty & Imp... ¢ \ rice Asked | Ghile 6863, | | 1 Beretins all lines are practically cleaned up. 69's 4 OtisSteelprpf..... 40s 2 US Rubber. ........ 3 & Tel 4.s 39 o BROKER LOAN TOTAL Abls O At Goldt) 208 3 i'x U'S Rubber 15t pf. .. i ; ! : | ; v AGAIN SHOWS DROP io & Pot_ R R 3 8 | CCCRStL4ks BT Pern 661 ..... 5 Laclede Gas 1 Ly M6s 38 Paris-Ly M 7s ‘38 fifelficon. s Penn 45 Pennev 4 Penn P&L 4.8 81 : 41 1 20 Owens Il Gla 2 2015 + 2 23 U S Smtg & Ref (1). . Pol. Guar. 5 | Closimermba s e i ta Lo e & Nashv - 2 35 US Smtg&Ref pf 3% E D, Tel of Va. 5 1 | 5 = i New York | S0h 5 : S 0 : ! Col les 5 i - New Yor i R U 'S Steel Corpa (4). 661875 47 1y | Capital Traction R_R Ologne 6is150... & ntia ¢ - Northuest i | | . 4| City & Suburban 5s Colomb 6s Jan 61, | hila Elec 41°71. Peny e oS GoRstEnEs E0n : 3 US Steel pf (7)..... 100 Georzetown Gas 1st _5s Colomb 65'61 Oct. , Phil & Read 63°49. United Stores (A)... 2 K 2l = > United Stores pf (4) 3 25 ] Gas 41 Col G&E 5. oland s 40 Pacific Tel&Telog () x350s S LRy 2 s Ma ! Poland fs ¢ | 15 rcific T & T s 10 0 0 ington Gas <ol G&E 5 >oland 7s ‘47 Decrease of $28.000.000 Reported a0 f\:c:\v”a}}“o‘m‘;f("fi; ORI 110 8% Univ Leaf Tobpf(8) 10s Gas 6 series A s ln\:sn;v:: s d Colinaimer. 8 S . L % Lt Sy | 1247 Ttah Copper Co (1).. 108 55 1 v Eiee 45 30 5 C el St Ga Sl 3 4 Co. 5s 1038 for Week Ending December 9. e e 31 A VTl Pwr&lt A (e2) 15 + :”::r”,\\.,_.m,g \E;Egd‘\'x\!'lcrx:;';,o' :-:,rf,,’.,fi‘:‘.',’;\-::" b £ = - Panhandle P& R pf. 10s 3 2 * Vadasco Sales Corp. 1 Aiher & Roshmeaoike w0 ConG N Y 534845, Por RAm T 65 '42. 26 Punta Arenas. now llanes. at New Low Record. Par-Pub (b10% stk). 14 76% 11 Vanadium Corp..... 16 L b e 100 Con Pow Japan 7s, 500 Pos Tel & C the tip of South Aerica. is the south- —_— Park & Tilford... 3 A '3 Va-Cora Chem.... 1 A 3 ry ‘g',: Consum Pow 5s '53 Prague Tigs a4 ernmost town in the world. Park Utah. ...... 17 23 Va-Car Chem 6% pf. 1 3 i Copenhag s 52 otomac Eicc. 6x. 1633 g I | N e Colo & Sou 414580 7 s | pirei & Pacific Lighting (3), 7 _ 554 US Tobacco (440).. 1 60 Potonac Elec Cons. 3 Colon Ofl 6s38. ., 3 . 31| Philllp et 14 Pacific Mills. .. .. 108 L et 4 Parmelee Transport. 2 109 81 VaElec&Pwr pf (6). 108 Cuba R R 58 ‘52, A B Bricaiag L ; e — x r\a\ | YORK. rr3»1<~~n3hwr 18. —The | Pathe Exchange. ... " 71% 201, Vulcan Detin (4) 230 i STOCKS. Cuba 51 Lri " Pub Sv G 4! . g 4 a5 Saise Bieh Low 1'58 £28.000.000 to $662.000.000 during the . Sl ; 277 17% Waldorf Sys (113). : Amer Tel & Tel : Del & Hud rf 4834, LUl 68 |STONNJISa 46, 11 100 4% 100 week ended December 9 to a new low o ceriess Motur 1“" |15 2 Walworth Co....... Captial Traction_Co Del Pwr&L 4%871 & Queensiana es47.. 7 SLOIIN Y 418 '61. 85 I8 A Tecord since July 5. 1918, when the fig- RS TR S e 5 S Ward Baking (B). .. RERTCT A B Denmark 5145 '55. . Queensiana Ts 41 7 | Sweden 548 5. o ure stood at $653.197.000, This come ey s S L 24| 571, 24 Ward Baking of (7). 3408 N Eane e | Donmark 6542, 2 Gesse A o |Swiss3ns es....L 1102 pares with the previous 1931 low of i >enn Dixte Ci e Warn Bros Pictures. Pot Elez. Power 5 D&RGren4s'36. 5 - 65 A 37 » &5 |T IwanEPSKeTt 14 55 3 pIey Y . i SennDlxiojComents SN Warner Bros pf 3.85. Wash. Rwy & EL com D&RG W 58 °55.. R SUAAT 55 . S [t o b $690.000.000 made last weck and with Penna Raflroad (2),, 114 Jyarner hrol ] Wash. Rwy. & EI ofd. 15 E Phcawe Rem R 5% A "47.. 31 [ TenncCop6s44... 4 44 #2008000000 on December 17, 1930 Peop Drug Strs (1) 1 : Warieh Broehy st s o NATIONAL BANK Det E G&R4% 561, % Dol el s : {Tenn EIP6sa 4. 1 000000 Gan e T e bbb o Becples Gas(Chl) ()R Warren Fdy & P 1 8 ? | capital 14 30 | Dot Edison rf 5549 2 IR ot e oy Pl L e 0.000. compared with $552, Al ks Pere Marquette Ry.. 13 5 Wesson OlI&Sno(2). 13 121, 2 L gl Columbta (13} it Deutsche Bk 6s '32. 5 ; Ahine West 6355 el BTl i Kues eale e '6(‘,‘3’(“'})0““n"‘l‘“f‘;'l’;”l"!m’;‘gd\o-‘ Pere Marquettopf. . 40n Wesson O&Sno pf(4) 1 48 ;xc,‘.’c"x"" S Dodge Br cl 6840, & 6 e U L otaled $98.000.000 against $117. | 9 Iere Marquette pr p g ol & ; | P e Na(l Bk & Tr e LI 6 thine West 75 '50. - 12 | Toho Fl Pw 6822, St N anre b R, S et West Pa Elec A (7). x 208 501y g7y | Ped-Ame quesne 4155 67 . ‘ et o 5 24, IR Liberty (18 4 < 9 Rich Oil Cal 6 "44. 12 amounted to $9.000.000, contrasted with Phelps Dodze Co. ... 9 4 Weae ]',: 2 g; f?: o U Lincom (10} S \33:5: f;::: g Fllo 5 | Riode Jan 6%s '53. 10 £21.000.000. Demand loans constituted Phila Cc 6% pf (3).. 4 West Pa Pwr pf (8). 208 91 o % 330 Dutch East ] 6985, Rio de Jan 8s°46... 14 Be'el.. ... £500.000.000 of the total. against $515. 2% Phila&Reading C & I West Pa Pwr pf (7). 1308 100 * | Second (ge).. 4 5 S o | RGr Do Sul 6368 9 | Toklo EI Lt 6s'53. 000000 a seek azo. and time loans were Philip Morris&Co(1) Western Dairy (A).. 2 10 e e aden Rt R Gr Do Sul 83:48. 12 Un Pac 18t 4547 $162.000.000 against $175.000.00¢ PLillips Petroleum. . WesterniDairy (B . G, TRUST COMP Erie lstcon 4a 96, 4 581, Mo Gr W st ds '3 R (e The New York Federal Reserve dis- Pierce-Arrow pf (6). WortoinMas Sian 2 Amer. Sec. & Tr Srie con 4x A '53. .. ; | Rio Gr W clt 45 "43. 0 T Baa rela g 2005 . trict rediscount rate remains unchanged Pierce Oil of..... AR «| Continental Tri > [Erleconvasp..... bk ? : 5 | Un Pac sue et at 3'= per cent 3 Plerce Petroleum. Pillshury Flour (2) Wedtenn Bacliicint a Natl. Sav. & Tr Erie gen 4s 3| Boy Das 45w D] o ; 261, P 3.13).. 3 Bifts Conl oot RATE OF TRADE ACTIVITY Western Union (6)., 467 > oraes Bk. & Ti. (6 3 Pittsbgh Screw & B % Eriecv s Unit Drg ev 58 ‘53 A n ) by Tt (8s) c . 29 . . ey Jtd King 5 27, Wsthse EM 1stm3% 50 6913 | SAVINGS BANK Fiat 7s war. .. SIL&SF p ) 58 B ‘80 5 s Un St W 6lgs A'47, SHOWING LESS DECLINE P e Con. Pitts United pf (7).. Pittsbgh & West Va. By the Associated Press PIEtSton C0Ls otioe o Weston Elec Instru. ! Bank of Bethesda (66 3 Finland 5% 58 2 ! . | U St W 616 nA NEW YORK, December 18 () —The | I Poor & Co (B). 3% B 10) 5 2 ! 4 . Weston Elec (A) (2)x || T T T 3 Finland 613s ‘56 4 3 SUS Wen 4s 32, 3 3 Ud St W 53%sC'51 ¢ A Port Ric Ain Tob(A) Conference of Statisticians in Industry, AL pecial Dispatch 10 The. X W Tem PSS S SO SR w3 29 28% o Westvaco Chlor 1.60. "1y | Potomac (10) : Fla E Coast §3°74. o e Uruguay 63 80 Wheeling Steel pf 3) 24 ogsee mey Ecom IRk I s .| Fond J&G 4%s '52. 9 9 |Sao Pau 7840 ret.. 14 | Uruguay 6s '64. W hite Motors. . % 9% T 14| Dniied States. (30) L | Fram 1D 733 2. 54 95 a0 Paulo 83'50... 3 20 |Utah P& L5s 44, White Rock (t414).. 2215 - 215 | Wash. Mechanics (20)... i:renc: ;;49.. " 10914 Saxon P W 614851, 10 k :mww ‘;‘29 v:';v White Sewing Ma pf. FIRE INSURANCE. renc TR 1093 x| Saxon 7s '¢5. . e et ow 5%s '47. . representing 10,000 business concerns, Postal Tel&Cable pf Wilcox Ol & Gas. .., American (12) 75 Gelsenk’hen 65'34. . eab A L rf 48°59.. 21 Vert Sug 18t s '42 POl o e Willys-Overland. 9 Corcoran (10) 150 Gon Bariaaea i b A Ldsst50.. 1 Wiénnaecss reported vesterday that. although busi- 5 Prairie as. Wilson & Co (A) .. 5 o Baking 5% e il ness activity declined in November under “ ’.‘f"'\»'c.?d';‘{'f,:‘}"."“‘ Wilson & Co pf . 2 4 [ National Umou (150 o iveg 1 : yg:: 'ix';l:rf‘?.'x‘:’ SihELicieane. o & > “_-‘ e October's level, the rate of decline was 615 Pressed Steel Car pr. 6% 6 Woomorthi (iDL su [ Gotumbia c6by. S 108 Gen P Sviten-as.. RlIs(eshis o Wabash 1o 5a-3 less than that which recently had pre- 361, Proct & Gamk /2.40) Worth Pfi,,,;u‘ig‘,"' “ S atlANEOUS! g’“i‘f;‘é*:‘;‘“ Wahash 53 B 76. vailed. 1 Pro & Refiners. . Wi, e - 3 6 90 5 Ay q63°40... Wabash 5s D ‘%0, .. Evidences of temporary improvement 49' Public Sve NJ (3.40). 9 \V;;f:',lyl\f\fi"a“’:“;“’ i O M ey pia. (... *88 German §%s 5. .. !Shell Un Ol b3 '4 - Wabash 5%s ‘75, .. were found. it said, 1n a few instances, | 10212 79 Public Sve NJ pf (5) t _ S (Vb D C Paper Mfs. pfd &' 15 |GermanBkes:as.. Shell Un Ofl s 42, 22 Walworth 65 A '45. with declines less than scasonally e 92 Public Sve NJ pf (§) : 8l Yalo & Towne (1)... | Dist” Nail Be Bd 76T 13| Ger Cen B 6360 1 [[Spstuceon et % Warn Br Plc 6839, pected. There were some upward ten- [ 58'3 16!« Pullman Corp (3)... 1 8 Yellow Truck. A L) | B P moye bid.. (8) 100 Ger Cen Bk 6560 O b Warn Quin 6s'39.. cencies running counter to scasonal ex-| 2 '« Punta Alegre Sugar. §4 Young Springk W(1x 2. % | Fed.-Am. Co. com. (L20D)...... g3 German s rep 4. O7scv A3l |nimthssd ot pectations. 11 31, PureOll. ... 12 Yastwn Sheat&Tube FeasAm €6 Bt o7 Gethoen Mo b iotce J|Sme0Tmcvast. 3 e il e 551 10% Purity Rakeries (2), T, Mzt e SR fpD) 2 O TP w10} i =9 gnoadr:c:..; ‘;s. oG s : IR TR SR Zor It Bhod COTpICYE % | Mer Tr & Stre. pid. (. 00d 15t 6148 °47. . Sterling Rate Lower. HE Tedls Coraticn) RIGHTS—EXPIRE. Mergenthaler Linotybe (8 : Goodyr Rub 5s'57. . PRS- ISinc PL 68 43. .. 1 g £ West El 4b 5344, ot | Skelly Ol %4539, 15 West Md 4n 5 ¢ | Sotssons 6s°36.... 13 West Md 5% *1Sou Bell T&T 5841 14 g SCLLTERLERL) *'SW Bell T 58 A *54. 17 % 9 Vest l'n|on 8°51. ! Sou Pac col 43°49.. 1 Weat Union ¢s 0. “|Sou Pacref 4s'55.. 1 Wea: Un 6148 36. SouPac4%s'68... 7 WEOSK 627 [ Sou P 41869 ww. 2 ; WITks I & 13 52 ISouPac4%s's1... 3 5 Wil & Co 1=t 6: 5% Sou P&Or 4%s 17 96 Sou Ry £n 4s56... 25 3 Yokohama 6s ‘61 99% - Sou Ry 58°94.. Testn S&T 5n A'TE. 5 37 'Sou Ry 65°56.. 6 36 Ygstn S&T 58 B'70. 3 © . Natl. Mtge. & Inv. pfd. (81 NDON, December 18 (P).—News| 2415 7y Radio-Kth Orph eifs 4% A PeopGL&C.Jan1s 12 1 ’:"""E’ 5,‘22 storespla f61° 7 g::::?,;i,fib-,:.';:' : from Washington regarding the attitude Radio-Keith-O(new) Peoples | ¢ i . les of Stock: ecurity Storage (4e).. .. Grt N of Congress toward international debts RR Sec 1Cstk C(4). 20 Sales of Stocks on New York Exchange. B oWk corp. 310101 or gn 5% '52 caused a sharp dip in the sterling ex- Raybestos Man (1.60) D) o oo q‘flfz;“,})‘f‘, 12200, Noen........... 1500000 e LG pel OO s . g;!e.’lo: -l change today. The dollar rate fell from 30 " Reading Rwy (4). ; 3 o il 10 PAL........2.900,000 | W, Meeh MUK, SO, i4) shel an overnight quotation of 3.45 to 3.37, Real Silk Hoslery. 2 Ty aend yhtes aa given in the above table are the annuai cash | Wiwd. & Lothrop com (1201 31 Hait! 6s 53, 3 affecting other rates on London un- 3 TReis (Robt) & Co. » . | payments bascd on the latest cuarterly or half-yearly declarations. | Woodward & Lothrop pfd. (7 Hud & M adj 6 "67. KA Remingtordeny. ] = e it piess than 100 shares * tParily’ extra " tBius | ex dividend. extra Hud & M rf 63 '57... The offcring of sterling was not large Rem Rand 15t pf. ... Bavablen stock | = Pavabic in chenor Stesl e Pl S aT Tate- | b Books, close cxira, LA D e and the decline was out of proportion 148! 100 Rensselaer & Sar (8) < h Plus 2% in stock. Plus 50c in special preferred nfix k Plus 130c extra % 0 5%s 32, lus to the amount of business. 104 3 Reo Motor Car(40c). 3 tock” ¥ 2REth Mo ArRo Tesular rate.” mFlus 8% In 17 Hungary 73s°4s.., > - eatnna ~Hes