Evening Star Newspaper, January 1, 1932, Page 12

sE2p 232533882 P T i Store Owners and Other Business Men Reward Efficient Employes. - Lreet 2 2= slinaaunEdE e [} Eats B0, PG = 1) 3 LEeeeet 8558 T BY BRADLEY W. TRENT. Special Dispatch to The Star. NEW YORK, January 1.—The em- ploye and employer whose services a§ all times this year were up to par face 1932 confidently, For the eme ployer and his customers have recog~ nized in the past year of. trade depression that real ability cannot readily be replaced. Local department stores in looking over their income accounts from holiday business note today that sales in De- cember in point of dollar volume were off around 7', per cent from the same month a year ago, while November business, compared with the same month in 1930, was off about 1032 per cent. Executives of department stores, how= ever, are less pleased when they glance at inventories. Stocks of merchandise show a decline, but not as much as should be shown when the reduced vole ume of store buying and consumer buy=- ing are considered. Older Men Advanced. As a result of this situation many affable, good-looking young buyers in- troduced to these stores during 1929 | will be replaced next month by buyers with years of cxperlence and a real knowledge of fundamentals. The young- Bab Bar B sc Bt sters will be put behind the counters to BEaenns o SR & - waBonSue S TS T B Jororey 55 8uenn 255G 3093ttt 8 B 3N ISR FINANCIAL.' ] : Net IN FIFTH DIS.I-RIB.I- Total stock sales, 1931 577,043,068 High, Low falE 100 Mot ok oy T chanay; IPM Penick & Pord (1%B) S 2615 — 11 UN ABllITY AL“NE iy T i nd Motorey e "Bk "t 3 45, enicl rd (1% i — 1% % Total stock sales, 1930. 808,622,282 . cxaee AR TR0, ::’“33 Ind Motor bt e Fenney 578 Do R RO ndian Refin ...\ enney, g i = 1900 Total stock sales 1929..... 1,124,990,980 3100 Inausc Ry’ (4) I Eenn %‘Z g T Uy £ i 00 Inger Rand (4) 3 enn Dix H Bank Reports 1931 Marred Total stock sales 1928. bonie 1920,550,032 22000 Tnger Rand pe t 600 Penn Dix ol A § niand 8t (4) enn an eports Net Sk b i 155600 Inspirat Cop 1 Peoples’ Drui . i Sales X Last change. 86,900 Inouransh” (Del) sy v . Eeoples Dr < pi Rt 1 7, % hsuransh ct (Md) 3 s 3 by Special Conditions T DM B A Epiinse Te HTL | e : sjiite Inmucipan, ot o) C | e peer g e 1 Abranam & Sir. (3T%H).. 39 13 6 17,800 interb Rap Tr C : Peoria & East ... d A d 0 Abr. & Str. pf (... 96 4 ,180,100 Colum © 41/600 1lntercon Rub.... . Pere \}'v:lrrqqu(..“.. Here and Aboard. 907400 Adams Exp:.i.iiiiiil 900 Colm crecit | s s b R D ke ! : S Fere Mard br bt Tofo Ad Exp. pf (3) 111000 - 80 : 3 Cred Sy SUSIR LRI AR Pet Milk ...... 38300 Addressosraph ( 5 5 140400 Inu Carrier Ltd ('3).eee Eheios _Dodse Affiliac_Prod (1:60) e invest Tr e 296,700 Int Cement (3). . R L e T e EOLIL - Inv Tr cv pf (6K)... 289,300 1nt Comb E..... 1800, Eblla Qo Pl Alr Was E Ap (1) & 5 om Inv Tr war st . i 94,500 Int Como E pi “ Phlls o8 &1 2 Aliska gun’ (40)- 2 . Ty T 7% of (1) : Int Comb E bf ciisl. ! 130 Pnila Rao Trans pf (3i4) Jun seeene v Tr 87a% f (6%) 76500 Int Harvest (2'2).. i Bhiltn Morsis (D) 2713600 Coml Solv_ (1) e P 700 Int Harvest pf (7)... 3 M T 478800 Comwith So (30} 1111l 3 1600 Int Hyarg EI A (2K)..... S Ch 180.000 Comwith 8o of (6) . In{ Match ptc pt (4)... Philipe Pet 62,600 Conde Nast .. .. A 2 Int Mer M cifi.. . 1330 Bhbems Hos ° 707.600 Congoleum Na (1) 4 i Ing Nick Can Ehoenix Hos ot (1 67300 Congres Cie (1) 8 Int Nick C pf (7). ¥ 3 Pierce-Ar 380 Conn Py & Lt (4'2).. : Int Pap i bl 0 Pierca-Ar pt (8) 10 Con Ry & Lt pf (4'2) Int Pap & P “A7 Y p Pierce Ol 64100 Consol Clzar (5) 2 900 In' Pap & P B 130 Plerce Oll b 2,630 Consol Cig pf i 1600 int Pap & P Gl Plcrce. bt 14360 Consol Cig 6'2% int Psp & P ol 1900 Pills Floar () 11000 Conw Ciz 6'3%, Dt (6'2) XW (000 Int Print Ink & 000 Pirelli (3.13H) 181000 Cons Film ... .......... 3 i 770 Int Print Ink pf (8) ... Blits coal 147.300 Cors Fim pf '3} ois 2,880 Int Ry G AM.i....coisees Pitts Goal pf sRmnt T . 6045900 Consol Ges (4) S i 2 Int Ry C Am ctis....... 5 it Ft W pt (7). 137.200 Consol Gas pf ‘(8)./..[ .800 Int Ry C Am pf B "B. 93800 Gons Laundries (1):.0. Int Sait &) 5 6 Bitts 80200 Gons R R Cu pf (8) 2 (400 Inter_Shoe (3) & i Pitts 358,700 Consol Text ......... 3 Int Siiver 4 1990 Pitts 73300 Container A . . 2260 Ini Buver pi (1) 0 2 Pitts 3 64500 Container B : 3 84,034,400 Int Tel & Tel (.60) . /180 Pitts United pf (7). 452:800 Cont Baking A.. 156200 Interst Dept St (2) t Pitts & W Va... A - 5 Pitts Young & Ash S0 25555 e s Bhaa el H5- B8ea SDa o5 s 22z, us FREEEE & % 2 5a 885 25 E; e bieT By the Associated Press. RICHMOND, Va. January 1.—Nine- | teen thirty-one in the fifth Federal Re- | sarve district is viewed in retrospect by | Albany & Susa . the Federal Reserve Bank here as a| 00 kDAY - year presenting unfavorable conditions, | 93700 Alles pf $30 ww..... arising not only from the prevailing| 29600 Allex pl s40 ww. ... wazld-wide economic situation but also| 503 Alies St (60) from special influences at work within | 310 Alliahce Realty - Since late statistics are not yet avail- | 533900 Alis Cix MIg (1) res sble, the bank's analysis was confined | Alpha P Cem (1) . to tracing general trends and tenden- e ot cles noted, rather than setting forth Amr;AAdn 4‘?; exact data. Am" Agri Chem Business in the district was said to A AS (Chern be below seasonal level throughout the 900 Am Bank Note (2)... year, and this condition was increas- Am Bank N of (3) ingly evident during the Fall months, Am Beet 8pt (i60) "1 when it became clear that there would | Am Brake Stioe (3.40) 333909 Sont Bakine B A e I . e less liquidation of indebtedness K Am Br Sont. Baking pf ( 3 D Aol B B o . 3 4 i s, Xoung ‘& Ash b s oot R aaibaae B Ao S 122600 €oni Diam _Fib 3 3 3 100800 Invest Eauiiy (3.0 3 R Al Al iDoours. P L 212300 Contl Ins (240)..... . b5 Towa cen Ry Tl Borto R Am /B ont] or . '500 Tsland Crk G (4) : ot T & G 1% bi. St TR A e S A 1aigEm Contt OFF Dol : ; cland GFc o B ol £ 0720 Farmers began the year with a han- 77000 Am Chicle (3B).... 74500 Contl Shares .. .....0 4 2 Jewel Tea (412B) e BinaL dicap because the drought of 1930 and | 170 ‘Am Coal Co of Alieg (4) R s Erodi . dris SOl Brested Bt CAf ... low crop prices made liquidation of | 42.400 Colortype ....... e ooy om0 HH b e Bress Bt Car bf....; 3100 g 60:300 Cream of Wh (3. 740 Jones & L 8 Erootor & aam 240 Ero SBonaB8 255858 ©uw debts impossible. In 1931, despite ex-| 30300 : 0 s cellent yields of nearly all crops, price | 108300 4| 2800 Crex carpet’.......o.e s s (B0 Ecan O Powin drops even below thos of 1930 reduced |, ., 190 Am Express (6) 42100 Crown Cork 2 40i:....... Fan Clty 5 pti(h) the farm income for the second vear in | '*5%40s AT & F'P %6 of (6) . L e T R Kaurman Dept (1) succession, and demand for goods in Am & F P 57 pt (1) o e e ¥ Kayser () (1) rural areas was smaller. S A 341 226100 Crucible stl .. 11 BebiA Ominht s Bank suspensions were more numer- An A 200 (4328 Crucible Bt pi’ (D Eelly 8pe ot G ous in the district during the year than Am Hi & L pf . % Os B (e Kelly Sp 87 pf.. Punta Al Sug'...l. T 3 «. | sell goods, and thus gain a real knowle in previous years, tying up a substan- A Bometbrud (48 3¢ | 118600 Cuban Am Sur S anonl Ko e L 18 E £ Fure JoN jiineeeenes s edge of what customers want. Their tial volume of deposits, smd bankrupcles | 15’500 Am 1es pt (6. . 33 o0 cuban A BIL 390560 Kendall pf (65" : ; R ] 7 | advancement will depend on their abil- e : 93 143981445 Radio S , |1ty to cope with actual conditions. also increased among individuals and Am Internat .10l . 86400 Cud: W 2.963.200 Kennecott (. - Am-La Fra & F. : 23 2 143600 Curils Pub 17,100 Kimberly Cl (2 372,100 Radio pf B .00 This same sort of readjustment is business firms. 3 5 Am-La Fropf ... 48,500 Gurtls Pub nf (1) Kinney (G R) : 33.830 Radio pf (315 . 5 going on in chain stores. One grocery During the period from November 15 Am Loci Kinney pf 3 5,525 Padio-Keith d Sk 4 f ey bt s 55 0-Keith-0 (new) ... 3 0 Curtis Arco & Mot Kresge (8 S) (1.60)... 9 - 4670 Railroad rec (4) chain, for instance, has suddenly reale to December 15 rediscounts held by the Am Loco pf (T) sesass 1,806.300 Curtiss Wright ... 5 0 . 3 Federal Reserve Bank of Richmond de- | N a Mk RO 290,600 Curtiss Wr A" " U 1 Kreage (8 S) pf (7). 3 3 Raybestos-Man (1.60) 11100 ized that it takes more than good looks clined somewhat, which was usual at 1900 Am Mach & Met ctfs | 4670 Cushman "7 e e DeRU e Readi% Sy @) : 9': |and bookkeeping ability to be a store that season, but the circulation of Fed- 500 Am Metal g \ A e e S Kress (S _H) L 8 26! 7 Read 2nd pf (2) 2 42 * | manager, and as a result many of its ¢ Kreug & Toll . i S Real Stk ... . 2Y old head clerks with years of grocery eral Reserve notes also declined—a de- B0 At MeE e 262.900 Davison Chem Z Am Nt ‘Gas bt ; | B aes ) i ] 100 Real Silk pf'. 5 cxperience are being promoted to man- # | agerships. velopment not customary at the time Am News (3).-... 11100000 ; i o e Deany Minse 2 acled when the demand for cash for holiday Am Pow & L (1A)... . 200 Snthenhame Boc 40} . 520 Laclede G pf (5)... ! 9 Reis 1st pf ... shopping is expected to increase circu- fi:: g fi lLsm' :r‘;g». Deere & Co nf ( . 2 Tambert (8) " 3 ¥ 9 5 genw: Rand &) Another chain has found that some j Rem B fst ... of its chief executives, all brought up lation. Am B EEBEA sty s : ; Lee Rib & T : i : s banki ight be improved Normal Rise in Debits. m Rad St San (.60).... . s - a Lehigh Port € . s Renssclacr & Sar (8) §%" lin banking careers, mi mprov Am Rad 8¢ 85t (D ; } 457 Del Mackinac s FRiER 0ot i1 1030 Hed otor (4D (.. by placing them in minor positions a0e 5 h Val 3 . - 8 Repu eel ... a 7' | within the company to gain practical Reporting member banks reported | Am Repub g ported Am Roll Mill e 47.800 Detroit Ed (8] TR e e ¢ 4 Rt Sieel n experience. @A TS N J 8% pt i8).. Pub Ber N 'J 7% pf (T) Pub Ser N J 67 pf (6).... Pub Ser N J 5% pf (5). 0] SRIBEE eSS0 w588 O Fe SFE L Ba oo e i 53 seasonal reduction in loans and de-| 353 g 5 : : : L : Am Safety Raz 30.800 Devoe & Ray A (180} 8 Lehigh V_C pf 30 B et osits, and a normal rise in debits to e s 1 1200 Devoe & R pf (T) : 0 e hman Corp. (3 7 A P dividual, firm and corporation ac- A sk oom 1035300 Diamond Mat (11" Letiman " cors” (3:40) ; ROC & A This same sort of inventory taking i il | A Shipouid s = 108000 Diam Mac pt (1) i Lfobey O Ford GI ; s 061 Revnolds Mot going on in Wall Street. For example, Commercial failures in the Afth dis- | “*28300 Am Smelt nf (1.1l 139200 Dominion 8t (1'4B).. Dize & Myers ) "l O Reynolds Sp . a telephone operator in a brokerage trict were relatively more numerous 200 Am Smelt 2d pf. 3 71600 Douglas Airc (1)..... V. . Hee & My ot (1 1150 Rey Tob B house is leaving her present position than the average for the United States, /600 Am Snuff (314B). §300 Dresser AT(310)... Iy Gip. (118 .: % v 700 Rhin West EI ... for one that pays $10 more a week, and liabilities involved were also un- o e 3 1423300 Drug. Inc o e ; o msn ol Ca Her present boss remarked that he g 3 3 ""2400 Dul 8 8 & 1 sink Belt ( 3 2i0 Gran Ol wished he knew of more telephone e i oyt Wcon i s A Eiealrdced Jbd Bl s 8 & . o - Pnigear 0 pithd e b i i operators who could take orders, re- Coal production was materially below A s PAD) 15:3% Duplan &ik i} i Loews pt (6 ] Roval Bakc For 02 101 7. |member abbreviations, stock pruekmmm & year ago, prices of agricultural prod- Am Busar Ref (5) 60 3 Dusian 8 ot ® .00 5 5 L0 Lol etiix o | Bolfind e G ) it Anfzms]o other details like ucts continued to decline, building per- e e PR e 135,800 Du Pont deb (6) . ....... 437700 Loose Wil Bis (3B) " - 1100 Eafeway St (5)_ : | present employe mits were low in esjimated valuation Am Tl & Tel () ; 8.400 Dua Let ist of (5} s T340 Loote Wi BI lst pt { | P R e In another office cne of the stenogs and contracts for actual construction | 700 Am Tob .(5)..... o 1634 Durham Hos pf ... : — 40480008 LorDIARcl () PELAT) E) o 3 5 raphers is leaving for an increase of Teached a relatively low total. Am Tob pf (8) 1795300 Easimran Rod (8Bi . { 7 #9660 Louisiana O .0l 8 L'8en Fr ... 000 $15 a week. She is to become a secre Retail and wholesale trade were both | - A Tope it] 2 *'"2.940 East Kod pf () 1,310 Louis Oil pf (6'2). . 0 5 St L San Fpf ........ tary with another firm She has had off from preceding months this year | Am Tyne F pt (1) 757.300 Eaton Ax & E (50¢) i ; 3 192000 Louls & ?:nfn"u‘n‘ AN 2 o & &g-g::!?vp(__ many years of experience in her ling and the same month last year. Am ey Wis (D N Rie Bt B 203:600 Tadinm Steel . (15 800 Savace Arms . : of work, but due to the depression for S el Am Wat Wks ctf 3) 3,378909 Bloe Auto L (i) 15,600 Ludlum Steel pf ... Bcimfve Reblioovs 5 | a time was forced to take less skillful X ‘Am Woolen 2 T4 2,400 Elec Auto L 7 MacArd & Forb . Schulte Ret pf (8) .. 0, 20's | work than her ability entitled her to, 'MPROVED BUS'NESS 1100 Am Wocl pf ' . (o000 Elec Boat L. o . MncAnd & Fpl (60 A 1aE Sents dbaper sCLATATE 17 o vy e W 437, ec Pow & Lat (1) .. “ Mack Trucks (1).... e nking Talent = Wit p fw(r' 30400 EI P & L Dt (6) 4 Mackay Cos pf_(4) Seab Air pf.... .0 t4 I e Am Zinc L & 8....." P&l (630510 Macy (R_H) (3A) 5 9 (00 Fehcard OIL |- E i With all the bank mergers that have EXPECTED BY SWIFT Anuconds” 2% ec Stor'B : Taou head B : SeaR " Rosick (313 o a taken place recently, there should be o IS R B e U2i800% Mague 00D Second Nat Inv......... 2 % | plenty of idle banking talent. Real Ancror Can (20} 1 Horn Gosi 90 Mailinson pf 3 Beneca Dop o : v % | this, ‘one of the local bankers obtain fifié’.‘;"cfis" Pt (63) k Hern C pf . 7.430 Manati Sug . A . s “[some of the best experienced clerks - A | £z 3858353 g b tereeeeeent etoon BE B .. Rl e d Shevon 8t 3 : 2'*1%et out by failed or merged banks and Emporium Cap . S 3 3 068 Manh E Ry gtd (7). % Bty e i 3 is using them to replace workers who fldwglghgnh& @ . e Ll _t_-q 8 25 Shattuck (P Q) (1), R 5 | were hired just after the Summer of Eng Pub Ser (1.60) 5 Maracaibo Ofl 2 ’ Shell Tr & Tr. 515 | 1929. The few dollars’ difference in 8 5% pt (5) i Marize Midl _(1.20). gg;}} v‘;fl"f," 3 s | salary will be more than made up by : e b 4 Shubert Thi A 1y the resulting increased efficiency. Mark 8 R pr. pf ! 2 Simmons . & 7 A'though partnership changes in Mark S R 2nd pf... i[5 % 1008 Bmma et o | brokerage houses the past year in man; Marlin Rock '(2) ¥ . 300 Sinel Gon bt (811 3'* | instances are nothing but additions Marsh Fleld (2 i Skelly Ol ... . 2 2 4 | capital—some of the new partners Martin_ Parry . 5 by — 1% e anely DT 2 merely furnishing funds and hunfnna ) o - . '530 Sioss S S pf..... 9 1 voice in active conduct of the business May Dept St .... 29 55 b . Snider_ Pack . < 3 3, | —some partnerships are going to be iy ey : L T SRR | A able, though moneyless, workers, wha Mastas sy 000 600 Solv A In pt ww (8i5).0 proved their worth during the last twa NI e ; g sl ST a4 P McGrory St. (3) o0 Sauth DAIEIAiees g Down in Washington there'’s & sa; McCrory St. B ( % Southern Pac | that a perscn gets a job in one McCrory Bt. pf m. 54 So PR Sug ... 2 three ways—either through merit, Fed It & T of (6 ) McGraw S T M & & ar Mclntyre Pore' (1) . 180 Souhern “Ray ; “pull” or through trading, perhaps Fed Min & &m of.. : ol McKeesport T (4) b X South Ry pf.. 83 money or votes, for the position. Just 5 3 cKess ol M & O ctf (4 now business in its annual inventory Jrents 934 . So Ry McKess & Rob pf (3'2).... .39 < . Melelan st § Boald"E: or i1 period seems to be taking into account McLell 8t pf (8). 2 Spang Chal ....... 4 A only merit, whether the valuation be P Fire Ins (260) - . Fifth Ave Bus (64). 9 13 My aiBhoe (3 oreee A 2 Soang Ob prisccoe. Aok of "goods, securities or services. Sons (1) oo enge, ol i Spear &(C‘h; % a (Copyright, 1932.) . 4 A g 3 pear £ AL i o 20 Fiine Tt S Metrot Gold pf (1:89)..1 5. Spencer Kell (40) .. 9 of depression and lqw purchasing power Rl - 063 00 Bt Ratber o G 4 MEci eIt . ; 1780 Spleer pf Al (31110 1 CASHIER AND WIFE meat will be consumed only at low 1580 Bang & Ar of (1)....5 : 14,080 Fisk Rubber 1st pf.... 4 Miaml Cop ... Splegel May Stern ...l prices.” Barker Bros .. 3, ,flg Flsk Rub st pt exl 5 2 % m;m‘sg;g @ H g{ngd Brn;'d\s (1203 " .. a2 4 s . B & 3 ~Florsheim Ly aasen S * {3 ran pf (7) ..... Speaking for his own company, Swift R 2 3390 Florshiem 8h ot (810101 : Midl St st bt (8) 5 500 St Com Tob ... 13 32 11 BOUND BY BANDITS said it “completed its fiscal year last g-rmé K An”qx), s:.m Pollgnsbee .......... mm{ Hn%e‘;’&?‘ e g:lg.dazczizxau'. October in an unusually strong finan- ? ac 2 ¥ Foo G Gk 4 v NERE(d) e 4 r ¢ E pf (4., 7. B Ci 1.104.600 Foster Wheel .. ... 00 A 3 i Mo §imp St G & E 6% pf (6) cial position, with operating and mer- 670 Bayuk st b n W0 oster Wheel b inn i 7 808 & E Tt (o g : chandising costs substantially reduced Beairice Or () 1110 53700 Foundation' %o ; " Minn sl & 8t Invest 72 g 4 % i Five Rob Bank at Central City, ;“’“"”’m with the low level of meat 100 Beech Creed R R (3.0 4060500 Pox Fim A Mina 3 . 1 St OIl Cal’ (2%2) Ky., of $2,000 in Sil d jces.” 5 Beech-Nut P (3) 1570 Prank 8im pf (7).... Ll 8,900 St Oil Ki 7 . O In Silver an e a1t Storxahsad il ot mes sl i nrh ML SR o] : 1,000800 Preeport Tex (3)... Mo KanT - i % 3% 5 | 4941165 St Ol N'T (2B . 3 4 and betterments,” he sald. 3 Best & Co (2) . 37.200 Gabriel A..... Mo Pac bl 69.475 Ster] Sec pf.. < X BRP'II;‘hPé:m_' 8t ’“.w Gemewell (31 " m::;:{u Ccvl.”- ; 4 1y 78,400 Sterl 8 cv pf. el 70 . 3 L) 3 E v Ve s Bigelow San P Montgom Ward, % 2 P LI e 4 By the Associated Press. Morrell & Go (3):. 3000 Studebaker (1.20) = CENTRAL CITY, Ky., January 1.? a; 1 Packing Company ZPresident Be- AP W Paper. ... : - 80 ArehcDandt bt (1 lieves New Year Will Be Armour Del Bf........ Atm of T A. Period of Recovery. Am of 11 B Arm of Ill pi By the Assoclated Press. . Artloom 77 Bf (7). CHICAGO, January 1.—Belief that Asa™ioy 0d. 20 cgeneal” busines ‘conditons wil - oy prove " was expressed by G. F. f e Bwitt, president of Swift & Co, Q850 D5y Soats, dnd B (D) “During the past two years the pack- 1900 Atchison T & 8 F (10). ing Industry has been suffering from 800 Atiantie doast Line " (4) the fall in wholesale meat prices, which i Atlantic G & W I Bida are now at the lowest point in many Atlantic G & W I pf (8., years,” he said. “Operations in recent| i iientic falglng il months suggest that meat prices have Atias Power pf (6) practically reached bottom. 42 Atlas Stores (1)... “One of the outstanding features of L S R the packing business during the cur-| ~ 7.600 Aust Nich (1'3) ...... rent depression has been the con- Sust Nich PLANR) 2 caees tinuity of its operations. There has Atsae. AD % been no slowing down for lack of a mar- ,905 Autosales pt ket. The meat from all live stock Avistion* orp 10 which comes to market must be con-| “i3as Belamin pocomotive it simed, whether the purchasing power Baltimore & Ohlo ........ of consumers is high or low. In years| 4300 Balimore & Obio pt (4) 235 3388 S5 alE T s wn! N H S-aFoge 2 & 883238853328 Pairbanks & Fairbanks M pf (7) Fash Park As ...... Fash Park_pf Fed Lt & Tr (1'A) . .. H FRB e F e 3 s38Esasass 3845 ey 5 9 3 3 #E N s 2t A b S aw oy s 35S £ 3 T 5 _ouEBR: TS S 835 u..;;;us 28! Bieelow San . 10000 Gen Am Inv pf (6) Morris & Es (3%)..... P ) ’ Pt Mother “Lode..... : ; B0 BridepaKer POICD .. see S 118N Freed from their bonds early yesterd: Moto Met Gai. ‘ . 575 Sun Oil pf (61 0 : J 7 Thomas McGowan, cashier of the Cith' Motor Prod (27 Superheater (1)....] zens Union Bank, and his wife notifi Motor Wheel (14} Motor Wheel (14 3 Superior Ol % 4 authorities of a night bank robber! Mulline ot 0 2 3 gweets o (10111 4 3 ”:11'? netbzgg five men $2,000 in silvey s . ymington . e robbers entered the McGowan : 3 Murray Corp ... Syml; i < 9462100 Gen Flec (1.60). . . .600 Myers & Bro (2 Telauionraon (1146} Home, bound and gagged Mrs. M 38 Eiec spl (.60, " % Nash Motors (2).... p Tenn Corp ... 912 2 Gowan, and three of the men forced b &',P,éi*,! i | #na‘x‘h fi?n:‘ StL (3).. 2 X ;uaé Cl?rg ;2}] cashier to drive with them to the bai ¥ ev ot (hi 40 Nat Air Trans . 1900 Tex & Puc Ry .llill 2 while two guarded his wife. McGow: E $8 of A (8) ” 3 3 Nat Bell Hess Tex Pac C & O % . | Was ordered to open the vault, wherq ;’, "vfi‘m‘v [ a9 ) 1{;;: %f(l‘l‘m){' p'rz s —12 :xl:“ ;u 1’:’ _}'( G % the robbers found the silver in sacks. s 19400 Nat Bise pt ) ...l 13 : T e i e . They could not loot the inner saf 1.373:800 Nat Czsh R A noor 9 3 1! Thatch cvt 'pt’ (3.60) 2 ¢ | which contained between $15,000 an m;.'g 333 'r'lnll 12;:;? nqll (2.60) . i . E' ;‘_allr 41{) & 53 $20,000, because it was time locked. g at. . Bt . . o . e Fair pi 53 - ot - I et st 6 fisachr Ll ] EAhIte. tz‘nymz the money to the car the QuE Adv A’ - 62700 Na 11 3 : 5 Phivg AW .l iy 5 ree drove McGowan back home and Bucyrus-Erie .. Pr ok ot ww (6) = P e B e 3 Third Neul fov (35N dg: % | bound and gagged him. Trade circles heard yesterday that| 12 oy-® evt. of : pu Berv ¢ 12,080 Nai Lead bt A (710 i : Thompson Brod (126 The men escaped in a small brown several producers of outing flannels | 2% ¥ 1% pf (1) 4 B e, . = 6,580 Lead pf B (6)... Thompson Star ........... % 4 sedan. Shortly after midnight Mrs, Srore " sellie goods on” memoranda | 10110 Riaiwre M Te A sl et e e v T =i | e nempron S el McGowan freed herself and untled her pending the opening of 1932 lines. In| 3776 Bvad Wheel y 3 aenahl S REAL S DIDL s 1.500 Rad pf .. > T WAl Aa b ap ] ) 7s | husband. They notified police. some instances lower prices were quoted, | 133700 Bulote Water’ 3 1170 Cen Bt Cast i 1,670 Ry Mex i pf 4 Tide Wat Ofl ..... 4 The cashier and his wife said all the with guarantees against the new open- 2,400 Burns Bros “A" ... 4 Likiom Gan Thes ma 4 a0 S Na N Gt » A=, % Tide Wat Oll pf (§ 1" |men were young and were unmasked. ing quotations. Trade estimates place 1900 Burns Bros “A" cifs.l! h o aNloiro Batelyy K 3 81200 Supply .00 5 1700 Timk Roll B (3)" 4 McGowan said they asked him if he the 1932 prices at from 1 to 115 cents| 10 Burns Bros “BY L. 202800 Gimbel Brok . .. : 7890 Sup pt .l ; I 1000 Top Prod oo ,, | would prefer being locked in the vault below the opening prices of this year. | 1.900 Burns Bros pf (T)... 20500 Gimbel &: o PREN 169,800 Nat Burety () _... - ‘Tob Prod A (.80) 7 s+ | or taken back home and bound, and he | 8481500 Burr Ad Meh (1) ... 24000 Glidden Co ... 113400 Wsilonall Tear G0l 7 FRADsMNErice (s 10 * | chose the latter alternative. The men > [ ) e r 37,400 N S ansue A ! 3 The Spring Show of the Retail Mil- T80 Suh e 3 871,000 Nev Con Cop (80} 2 900 Tri Cont' Corp. . , %|told Mr. McGowan they had been 18.400 Newport Indust ........... = 4 2 Trico Brod (2345 n watching the bank three weeks. £2.899 Gen Am Tenk (4) #0000 Gen Asphelt (2) 260.000 Gen Bak (2) 4380 Gen Bak pf (8) 141250 Gen Bronve . Cable. . 5 Cable 'AllLl. [ Sal2s Business Notes Bloomingdale . Blomenthar e () 1l Bohn Alum (1%)..." By the Associated Press. ));cn Ami 'r:' NEW YORK, Januaty I—Manufac- Booth F et ptioiiiins Jurers of pewter hollowware are facing 1600 Borden (3) increased competitton from ‘plated sil- i AR verware. Manufacturers of the latter g Botany CM A ... pian to bring out n wide tariety of 500 Brices Mfe (1i4) proved designs in January at price Prisse A ouray: (3), levels close to those quoted for medfunt | Brock Mot pf ... and better grade pewter articles. | 3 g:l)ynv&l% 'hr :;v Burlap prices advanced slightly in the Brooklyn & Qu Tr _........ past week, but dullness in the market| 25t Byn S cas 8 il continues.” Trading in spots and fu-| 2 3 tures was at a standstill, with buyers | v BNl (s showing very little interest in goods. | 7 Bruns T & Ry ..1 83 PEFREESE FIEE F PO privi ey R Su ey i=t- S8e-am 322320 o Sof- 3523 e £ (R R R RS 2,080.800 Gold Dust : 12,300 Gold Dust pf (6).. Goodrich ... —————— L=t 5, 20 a3t INRRREESN AR B 22022 AL AL Baw Bul By the Associated Press. RICHMOND, Va, January 1.—A petition opposing the proposed Eastern four-system railroad consolidation was 25 ‘ia | filed yesterday with the Interstate Com- 3333 — 104, | merce Commission by the Virginia Cor- b 1% | poration Commission. The petition urges the complete inde- pendence of the three rafiroad lines serving Hampton Roads ports. It con= tends that the merger as proposed will deprive Hampton Roads of every rafl line whose primary interest les in the development of the port. The Corporation Commisison iy planning to hold a conference next week of Virginia interests at which presenta~ tion of the case will be discussed. = = O SR o eS E 2885 N Eoul 8.8, = linery Assoclation ‘of Amerida will be | 37 Bun £ B'pl T on TUAry at the Waldotf. utte Cop & Z... % 13533%1 Montan plaely Truax Traer ..... y X r Br.... Truscon St . 2 B o i i e e | 8 BEATY B S e e o b £ [VIRGINIA ENTERS FIGHT open! . 1 P! ) % 8s. 3 Pack Y " Sotn s m e 0 H 2300 N ¥ Dock wt 5 NEW PANAMA DECREE Grlimer & il Couth Bl T e o 01 Wi N ¥ Sfandn G ; Unlon Buck 7 S;:y:!p;.:lln \;_,Y A;e‘"k‘ Y & Harlem pf (5).. Union Carbide (2.60). M (80c) 3 g A Panama decrce to become effective| 11000 Cap Adm Bt A (3} j ¥ : Bt deene ay Roads Ports. April 1, 1932, imposes ney specific 1130 Cara Clin & O (4 200 5 g 311 rart . s Ship" Unit Bisc (2)....... valorem duties on some products and 2 g0 Case (1 1 b (71 31o00 OF Nor 1 Ors crr i3 LI ave df NY S Bolt e Pub 0 ralses the retes of import duty on a' 1.0%2.500 gn'em‘ e 2 5 UBiie P roon 70 Groen Bev & West (5 ... Norfolk 1maiags Unte Gear e S vised, is for the purpos 1400 Celotes 22 : 300 Greene Can Cob . o 303500 Dniteds dorp ot (3 St st u:d T :(‘ (:{ prok:flmx 80000 GCelotex ctfs . . et 8\ el 1 a g flor:g :“})E(p(‘l?s'-'! 323.500 United Corp $l 3) s ncreasing revenue. 10010 Oolotex ! : ) 1 h 3 4 i No Am Aviat ==.. S 5 " Un Elrtrc ncon fa : 78900 Century Rib 3 .. u are to be subject to new specific duties | 2ro SO Mook (. it Jiei Noribern S22 &Y 8 e Northwest Tel (3)... Butte & Bup M 68 Goodyear T (3) 11111l 4700 N Y Ch & St L. 88 4 Twin City pt (1).1111] Callf Pete $51:500 ld Coun A .. o 100 o C 5t 2 vesior RAISES IMPORT RATES 300 Canada Sou Ry (3). T 8, l Union Ol Cal (2)... 3 orporation Counsel Contends Plan 2112500 Canad Pac (114)... Y Ry cnsie Unit Alrcr pf 1561 Caro C & O ztp (5) s ¢ 182300 Gt West Sug She= 4 & | Noranda Mines (.5} Unit = Carbon. number of other articles. The meas- 35m Cavan Dob pf ... Unit Dyewoos The following articles, now dutiable| 92.800 Central Ag ‘(195 " B g N 3 No Am Ed pf (6 in addition to the ad valarem rates 897.400 Lerro de Pas (1). 3. . ack W Df (1% % g Norwalk T & R...o0000 o8 FEF o+ It will feature models which were most, Buttericx Goodyear T 1st pf (7). ... 3! 34700 N Y Ch & St L pf.. A : Ulen & Co..... i3 1 | e i : L = 8 S G | AGAINST RAIL MERGER | | am Palge % Y Lack & W.. 5 Union Pac (10) By the Assoclated Press. | 51.400 Cennon Mills (1.60) Y Ship Unit Am Bos Mag rates in addition to the present ad'y, .20 EAI0 Oréy, Sl 2 ; 10,720 it West Bur pf (T) G | Norfolk Uni® Cigar. ure, the Commerce Department is ad-' 76700 Celanese - E 869.200 Grigsby Grun . ........... I L ) Un Dye pf (T) &t a flat rate of 15 per cent ad valorem, 10.700 Cent R R N J (8H). = 85.600 No Ger Lloyd (2.56H) Ready-made clothing of all kinds, fur- Tain-teed .. ( st BB P‘}”"!Ufl Norwalk T & R pi.. o BEeS = 1000 Certain-teed 7% Df niture of all kinds, trunks and suilcases| « Checker Oab Print. Ohio Ol mil Watch Offver Farm .. ... 30 Hamil Wat lp’g' Qiiver P pr of - D mnibus . 18 ?fl"w.{er!m Omnibus pt (8). . 2 arb ot (& Qppenheim Col (3).. w8 Hariman 2 o e phssu T Ry lev b 2800 Hav Bl Rv bt O Een” S030) ERwAl Pine - Otis Stl pr pf.. B Tame (4w (7B} . et () 309 ;fl!lm"‘ P'h"g”‘ oy Owens il 26400 Tevcnles . Facific Cst Do hi PEoTe EYEs ing Pow (%) e CoL ot Cectten Yarn Exports. | Rim Blan > X 3 Kom §21?L.xf§ Fov nt () o Cf 1t P2 i 5o Ghig ' 9420y shcy Choe . A o G & B (2 1% 3 By the Associcted Press. 374m Onids Co .. : ’ 163400 Hersn evi pf (4). < T : : Cr ] 214500 In 1929, latest year for which de-, 350 Chile Cutper 1000 Hos & Co Al — 3 : it & st 1522000 E’fiffis"s‘figfiié 51 ;::‘é:;’xlc)olrh;hgln‘;‘:;dl i %“{’yf“ £rd ’%.% Folender, G it ; 3 pi : P gy ity Ice omesta St : X obacco (4.40) cotor - City Investing ( Houd-Her B seprees 3 g 80 S Tob pf (.. 34,122.000 pounds of YA i 77,400 City Btores 3 hold 8/ 10 4 2 - 190,900 United St A...... into Argentina. Gity Stor A : Ban-Am, );u& U % 39700 Ttaly ranked second in that year Clark Equip (1) R 58,100 with 27.5 per cent, followed by "the 8 gcoasL ot i) > 501 1510 United Kingdom, with 11 per cent; the Cleve & Pitts spec (3) Netherlands, 5 per cent, and German X Cluett Pes (3) ... Cluett Pea T30 Sensal Goca ‘cois ?’l'x)'i Ooca Oola A e Colgate-Falm (3%)asrssesre wnd building materials such as wooden | S iaidi: &, ' Bt FONF SRR doors, windows, molding . and metal eaves and troughs b, : Substantial increases of import duty 700 Chicago Great Western. . are effected on the following: Meats Ohicago Creat Western pf of all kinds, fish, butter and butter sub- | s iy & Poa R stitutes, milk, edible oils and fats, rice, | ¢ Chi M & P & P p beans, fruits, aerated watcrs, shoes, hats, | N ot rinted matter, such as tickets, account | éniz _Prea T, k and the ifke. | hi° pney | anmann ene RE TS » 200 Chi Pk I8 o N Sn 2.8 205 ! a3 sheeSane ues S Hofl Mach = e 15 s ke d 2 o =D 3 Teadher” : i CHURCH DESECRATED . £ Pipe 15t D) . B i andals Smash Window and Dee ;, é‘“‘{,"“}.‘ st 2044 H stroy Symbols in Bainbridge, Ga. nelt (i Dgvael (Breees Catholic Church here within & 99 aaaqaaa 33 (L L L 32t Sexas mnr g ¥ ddgaacadgdddd Univ Plct 1st Fark bean - 62900 Univ Pipe & Parm T ¥ Univ P & R rl Pathe 560 Utah Copper (4). 1! — :,ifij PI{F’E”.. (Qontinued on q{m Fua! [ENEREREannl hl-. =5