Evening Star Newspaper, January 3, 1932, Page 26

6 FIN STOCKS ARE LOWER AT SHORT SESSION Utilities Prove Conspicuously Weak, With Several New Lows Recorded. BY CLAUDE A. JAGGER, Associated Press Financial Editor. NEW YORK, January 2—With many of Wall Street's most active traders en- goying & long week end holiday, the stock market drifted lower in the new year's first session today with a num- ber of the leading stocks declining 1 to & points. ‘Trading approximated 750,000 shares and there was no particular force to selling. Sharp declines in prices were attributed in brokerage circles more to epathetic buying during the abbreviated holiday session than to pressure of sell- ing. Railroad stocks showed better re- sistance than industrials, which react- ed under leadership of United States Bteel, which gave way 2 points or s0. As a group, the utilities showed con- siderable weakness. Today's reports produced little news beyond announce- ment that receivers had been appointed for the $200,000,000 American Common- wealihs Power Corporation, a major utility-holding corporation. ~American Telephone, Peoples Gas and several other utllities were down 1 to over 4 ints. Western Union sold off about points American Can reacted to a new low, fosses of 3 or more points occurred in Du Pont, Allied Chemical, Eastman XKodak and Macy. chine was relatively stead, selling | about a point below its Thursday levels. Wall Street was again disposed to re- gard the railroad financial outlook as moderately encouraging. Statements by several executives lent encouragement t0 belief that better operating conditions would result from prospective wage and rate readjustments. Atchison was an exception to the carrier list, declining 2 points or so, but New York Central, Chesapeake & Ohio, New Haven and Pennsylvania were bought in sufficient volume to arrest their declines within & point or so of v,helr Thursday prices. UPWARD MOVE E SEEN DURING FIRST QUARTER @pecial Dispatch to The Star BOSTON, January 2—The year 1931 | closed with business more than 36 per| cent below normal, says the United Business Service, with December mark- ing the low point for the year, as it did in 1929 and 1930. Following the De- cember bottom in the last two years, business maintained a marked stability at the year end level for four months, from January through May. This pat- tern is expected to be repeated in the first quarter of 1032. Activity will be increased seasonally, permitting a side- wise or somewhat upward movement in the adjusted indexes. Investors will receive an estimated total of $908,100,000 in January inter- est and dividend disbursements. This | is only a 10 per cent drop from last year, which is approximately the same as that registered in the 1920-21 de- pression. WEEKLY FINANCI By the Assoclated Press. Brokers' loans ........ Federal Reserve ratio. Holdings, U. S. securmet . Gold reserve Rediscounts . Bank clearings Electric output (Kw. h.) ending December 26 (Final three ciphers omitted in above.) Car loadingss, week ending Dec. 19 Crude oil production (barrels)...... Stock sales (N. Y. Stock Exchange).. Bond sales (N. Stock Exchange).. New financing Call money rate. .. Time money rate . Commercial paper Case Threshing Ma- | ‘This week. $66,763,000 ANCIAL. Commodity Marts Remain Closed in New Year Holiday By the Associated Press. NEW YORK, January 2.—Commodity markets remained closed today in ex- tension of the New Year holiday. The ‘suspenslon included all important com- | modity exchanges. |OUTLOOK IN STOCK MARKET IMPROVED BY CREDIT AID MOVE (Continued From First Page.) build up a high degree of liquidity in | banking assets, that were an influence | this week are now removed. The test from now on will be given by such fac- tors as are described above. During two years of almost continuous liquidation the artificial values in all classes of se- curities have been eliminated. Today market values underestimate earning power and equities and give little con- sideration to return on capital. It is increasingly evident that just as agricultural products and manufactured articles were created well in excess of demand in the years preceding 1930, s0o there was then an overproduction of common stocks and bonds. One of the ways in which this may have to be corrected is through the scaling down of debts and possibly a certain amount of repudiation, here as well as abroad The carrying charges on all the public improvements that have been made in the past decade have become too heavy for the taxpayer to bear. It may also | come about that those who advocate cheapening the dollar will have their way, though this is not necessary through any weakness in the American credit structure and can only take place by legislative enactment. When we con- | sider that there was, during 1931, an | average decline of about 85 points in | common stocks from the already greatly reduced average in 1930, compared with 1929, and average shrinkages in corpo- ration and municipal bonds in the same period of 20 to 25 points—representing in all an adjustment to new and pos- sible economic standards involving tens of billions of dollars—one comes to the conclusion that already this country has paid a good portion of the price de- manded of it for its excesses and has discounted most of what may reason- [ ably be expected to occur. | (Copyright, 1932 F. J. HUMPHREY ELECTED NEW M’CRORY DIRECTOR Special Dispatch to The Star. | NEW YORK, January 2.—At a meet- | ing_of the board of directors of the McCrory Stores Corporation, held today, F. J. Humphrey was elected a director and Roy F. Coppedge a vice president of the corporation. The regular quarterly dividend of $1.50 per share on the preferred stock was, lared, payable February 1, to stockholders of record January 20. $3,154,900 G Gold Imported. NEW YORK, January 2 (#)—There were no gold exports today, and only | one item on the import side, consist- |‘t“! of $3.164,900 arrived from Argen- ina | There was an increase of $250,000 in | gold under earmark for foreign account, AL HIGH LIGHTS Last week. Year ago. $1,926,000 6,706,341 1,664,652 5, 4h 761 1,675,653 613,534 2,430,300 6,081,331 2 103147 1,617,212 581,733 2,292,900 8,815,303 713,865 2126750 11,581,337 $48.443.000 $54.568,000 400,000 $7.950.000 3%, 114-4% 3-49, 2437 3%-4% 2%-3% WASHINGTON STOCK EXCHANGE YEAR 1931 (Reported by W. B. Hibbs & Co.. Hibbs Bullding, Washington, D. C.) SALES OCCURRING ON THE WASMINGTON STOCK EXCHANGE FOR 1931 UP TO AND INCLUDING THURSDAY, DECEMBER 31 BONDS. Bales. PUBLIC UTILITIES. $21,000 Anacostia & Potomac River R. R. 13.000 Anacostia & Potomac Riv. R. R. guai 66,000 C. & P. Telephone of Va 55 1043.. 246,500 Capital Traction 1st 85, 1947 9,000 City & Buburban Ry. 1st 5s, 1948 . 32,500 Georgetown Gas Light 1st 5. 1961 106,000 Potomac Electric Power cons. 58, 63,700 46,000 147,500 190,600 73,000 869,100 Washington Gos Light 4las, 1933 Washington Gas Light bs, 1960 . Washington Gas Light 6s, Washington Gas Light 6s Washington Reilway & Electric 4s, MISCELLANEOUS. Barber & Ross, Inc.. 6%, 8,500 Columbia Country Club 5%s, 1,000 D, C. Paper Miz. 1st 6s, 1937 100 Washington Market 55, 1936 . 1936 . 1950 6,500 18t 55, Potomac Electric Power men. & ref. Open. High. Low. Close. mllufl“, 1940 81 81 63 63 830% . 55, 1949 95 908 95 5.40% 103'% 105% 101 4.00% 86 60 8907, 80 63 9.20% 103 100 495% 1936 ... 103 100% 4507 108% 108'% 550% 99 0 99 5% 104 100 5% 65, 1983 1933, series A.. 102 100 6 936, series B 106 100 5.95% 1961 81 8.45% i 11.90% 100 5.45% 30 90 BTUCKS. Sheres. PUBLIC UTILITIES. 1,043 Oapital Traction 117 N. & W. Bteamboat .. 928 Potomac Electric Power pid. 2,338 Potomac Electtic Power pfd. ... 301 Washington v n Railway & Elec 4282 Washington Railway & Elect. ptd. NATIONAL BANKS. 25 Capital 283 Commercial 180 District 1,260 Fed.-Amer. 88 Liberty 82 Metropolitan 265 Riess 89 Second = 31 Washington TRUST COMPANIES. $15 American Security & Trust ...... 3 Continental 117 National Savings & Trust . 180 Union Trust .. 8 Washington Loan & Trust .. BAVINGS BANKS. 20 Bank of Bethesda ..... 10 Commerce & Savings . 20 East Washini 21 Potomac Savin 110 Security Sav 31 Beventh St FIRE INSURAN 18 American € Corcoran . TITLE INSURANCE. 108 Columbia : 10 Real Estate MISCELLANEOUS. 265 Barber & Ross, Inc.. com.. 2 Columbia Medical Blde. Cor 1,185 Oolumbia Sand & Gravel pfd. 84 District Nat. Bk. & Trust 30 Pederal Stor. 493 Federal-American Co. 76 Pederal-American Co. pfd. 3,715 Lanston Monotype B 244 Merchants’ Tif. & Sts. com. 307 Merchants' Transfer & Stg. pft 3,226 Mergenthaler Linotype 6.925 National Mtge. & Inv. pfa. 63 Peoples Drug Stores pfd. ... 9,519 Real Estate Mtge. & Guar, pfd.. 80 Becurity Btorage ... s 70 Terminal Ref. & Whg. Corp. 1,644 The Carpel Corp. 4 18 Washingion Medical Blds 10 Woodward & Lothrop pfd. 200 Woodward & Lothrop com. value rate. $100 Par Div. Approx. Low. Close. “3le $2.00 ™ 18 18 12.00 160 160 1 107 1 102'; 102% 15 115Y% 421 503 8 224 234 300 200 196 196 43 43 185 190 272 300 30 370 166 166 190 190 300 18 1s UNLISTED DEPARTMENT. [ 2100 Army & Navy Club bs, 1961 .. 600 Commercial Olub b8 81,500 Nationsl Press Bide. 1st b4 31 Ohapin-Sacks ptd 24 Freoklin National Bank 3 108% 108% 2 s Averags price of 50 stock: Same Tota Same Stocks ——1981— High 14% 52 39 106% THE SUNDAY STAR, WASHINGTON, WEEKLY SUMMARY OF THE NEW YORK STOCK EXCHANGE FOR WEEK ENDING JANUARY 2, 1932. Last Week. Hich. Low. 73.49 70.70 veriod a year ago. ok, Lax 8,670,251 8.165.265 1 sales perfod a year ag 14 1n 100-share lof Stock and Low. Dividend Rate. 2 Abitibi Pwr & Paper 4% Abitibi Pow & Pa pf. 18 Abraham&Straus 13 96 Abram Straus pf (1) 3% Adams Express. 501 Adams Exp pt (5) 224 Adams Miills (2). 10 Addressograph (1).. 2 AdvRumley........ 4 Affiliated Prod 1.60.. 47% Alr Redurtion(14%) x 1«1 1% Airway Elec Appl. 7 Alaska Juneau (500) Sm 2% Albany Wrap Plper 1w Allegany Corp. .. 2 Alleg Cp pf $30 ww. 1% Alleg Cppfw $40 w. 1% Alleg Cp pf x $30 w. 10 Alleghany Steel 60c. 64 Allied Chemical (8). 100 Allied Ch&Dye pf(7) 10% Allis-Chalmers (1). 95 7% Alpha Port Cemt (1) x 42 ' Amal Leather. . 6 Amal Leather pf. . 11% Amerada Corp (2). .. 54 Am Agri Chem (Del) 124 Am Bank Note (2). 35 Am Bank Note pf (3) 420: ' Am Beet Sugar 114 Am Beet Sugar pf. 13'3 Amer Br Shoe (1.60) 1716s 71 Am Brake Shpf (7). 108 5814 Am Can Co (#5)..... 1335 115 AmCanCoof (D... 6 414 Am Car & Foundry.. 104 20% Am Car & Fdy pf m 2025 ] 5 28 Am Chainpf (T).... % 2014 Am Chicle (13). 15 44 AmConl (4).. . 108 5 AmColortyps....... 4 5 Am Comcl Alcohol.. 44 2% Am Encaustlc Tiling 7 T% Am European Secur. 48 64 Am & For Power.... 268 18 Am & For Pwrpf(6) 18 20 Am & For Pwr pf(7) 20508 10 Am & For Pwr2d pf. 101 4 Am Haw St'ship (1), 57 1 AmHide& Leather.. 3 715 Am-Hide & Leath pf. 7 37 AmHome Prod 4,30, 22 lou Am Tce (2) - 193 lZO % Am La France&Fom. 23 1’4 Am La Fr&Foam pf. 4708 5 Am Locomotive 79 29% Am Lo'motive pf (7) 83508 16 Am Mch & Fdy 1.40. 38 1% Am Mach & Metals.. 6 1 Am Mach & Met ctfs 2 4% Am Metal Co. . 39 14 Am Metals pf. 6508 1 Am Natural Gaspf.. 610s 11% Am Pwr & Lt (21).. 221 3474 Am Pwr&Lt pf A(4) 44'; Am Pwr & Lt of (6). 35 Am P&L! pf A st(8). 5 Am Radfator (60c).. 100 Am Radiator pf (7). 10s 1% Am Republics. 9508 7% Am Rolling Mills. 151 19'¢ Am Safety Razor (5) 24 1% Am Seating...... 486s 15 Am Ship & Com..... 55 20 Am Shipbullding (5) 20s 4 Am 8mitg&Ref (1%) 230 AmSm & Refpf (T). 6 Am Sm&R 2d pf(6).. Am Snuff (13%) 97 Am § % Am § % Am Solv & Chem pf. Am Steel Foundry. . Am Steel Fary pf(7) 108 Am Stores (12%). 23 23% Am Sugar Ref (5)... 8415 Am Sugar Ref pf (7) 3% Am Sumatra Tob.... 11214 Am Tel & Telex (3). 1058 60's Am Tobacco (16)... 62508 64 Am Tobacco B (t8). 3¢5 96 Am Tobaccopf(6).. 17 19 Am Ty 8 281 Am Water Wka (3).. 189 21% Am“llv\kufl 5(3). 4 6414 Am Wat W 1st pf(6) 850 2% Am Woolen Co. 15% Am Woolen Co pf. % Am Writ Paper otf 24 Am Writ Paper pf... 214 Am Zinc & Lead. 19'5 Am Zinc & Lead of 9% Anaconda Coper. 6 Anaconda Wire & C.. 13 Anchor Cap (2.40)... 69% Anchor Cap pf (6%). 4 Andes Copper.... ... 8 Archer-Danfels (1).. 90 Archer-Dan pf (7).. 20 Armour of Del pf (T) % Armour of 11l (A)... s Armour of I11 (B)... 514 Armour of 11l pf. ... 1% Arnold Constabl 4 Artloom Corp. 50 Artioom Corp bt (). 7% Art Metal (40¢)... .. 1ia Associated Apparel. 5% Associated Dry G(1) /% Associated Oil. 79% Atch To&S Fe (10).. 75 Atch To&S Fe pf (5) x 25 Atl Coast Line (4).. 10 AtlGulf&West Ind.. 15 AU Gulif&W Ipt(5). 6 #% Atlantic Refining (1) 196848 Atlas Powder (4). 1 T7% Atlas Powder pt (8. 40n 214 Atlas Stores (1). 12225 4% 8435 Auburn Auto (£4)... 145 x 141% ' Austin Nichols L) 14'% Austin Nichols A 1% zun. 15 14 Autosales % 1 Autosales pf. 10- 2 1y Aviation Corp (Del) 775508 4'% 4% Baldwin Locomotive 81 5ly 16 Baldwin Loco pf....1085s 17% 14 Baltimore & Ohio. 26 Balto & Ohlo pf (4). 18 Bang & Aroos (3%). 1% Barker Bro 25 Barker Bios pf (6%) 108 % Barnet Leather..... 4 7y Barnet Leather pf... 308 4 Barnsdall Corp'n. .. 295228 14 Bayuk Clgars (1%).x170s 60 Bayuk Cig 1st pf (7) x1608 87 Beatrice Cream (4).. 12 3714 Beech-NutPxg (3).. 5 1% Belding-Hemingway 7 547 Belg NRptpttesl. 1 12% Bendix Aviation (1). nm, 10% Best & Co (2) 174 Bethleham Steel (2). 56540. 60 Bethlehem Stl pf (7) 3461a 6 Blaw Knox (50¢).... 14 15 Bloomingdale Bros..1026s 50 Blumenthal pf (7)., 15 3ohn Alumn (1%) 1% Booth Fish 1st pf. 35% Borden Co (3). 9 Borg Warner ( 7% Briggs M{g (1)... 8 Briggs&Stratton(2).x1450s % Brockway Mot Trk.. 20 81% Bklyn-Man Tran (4) x 68 63 Bklyn-Man Trpf (8) 15 6% Bkiyn & Queens 5 46 Bklyn&Queens pf(6) 8 72% bklyn Unfon Gas (5) 18 82% Brown Shoe (3)..... 2% Brunsw-Balks. 10 1% Bruns Term & 3% DBueyrus Budd (E G) Mfg pt 2% Budd Wheel. 3% Bullard Co. 34 Bulova Watch. 2 Burns Bros (A)..... 14 Burns Bros(A) v.t.c.. % Burns Bros (B). 22 Burns Bros pt (1) 10 Burrough A M(t1%) 15% Bush Terminal(2%) (1)..x 808 § California Packing.. % Callaoan Zino & Ld. 3 Calumet & Heela. ... 54 Camp W&C Fdy (1). 10% Canada Dry (1.20). 10% Canadian Pacific 1% 19130- 1% 16% Cannon Mills (1.60). 18 17% 415 Capital Admin (A).. 16 5% 88 Car Clin & Ohlo (4). 10s 56 884 Case (J I) Co. 1430 43% 88 Case (J 1) pf ( . 80s 5 104 Caterpillar Trac 15421- xm 14 Cavanaugh-Dobbs. B% Cavanaugh-Dobbs pf "0! 24 Celanese Corp. 12 2% Celotex Co. . 1% Celotex vito etf. Th Celotex plo.s. Jour to Dete, ow. 173 07 67 61 245.60 135.43 1 ear to Date. 577.421.426 810,626,276 @esirnates by letter “s." Net. High. Low. Close. Chee 2 - 4% —1% 19 +1 98 +2 44 D: G4 Stock and Dividena Rate. Cent Aguirre (1%).. 38 69% Cent RROf NJ. 19 Century Rib M Dl('l) 808 974 Cerro de Pasco (1).. 142 Certain-teed Prod 1 Cortain-Teed pf. 3 Mrig 123 Ches & Ohio (2%).. 560708 Chesapeake Corp(3) 68 1 Chi& Chi Great Western. . Chl Great Westn pf Chi M!1 StP & Pac. .. Thi Ml StP & Pac pt Chic & Northwstn. . 4 Chi & Northwestn pf Chi Pneu Tool. ..... Chi Pneu Tuol pf.... Chicago R 1&Pacific. 60 ChiRI&Pac6% pf. 21 ChRI&PacT%pf. 14 Chicago Yellow C(2) 1008 Chickasha Cotton O1l 6 Childs Company.... 37508 Chrysler Corp (1) ... 606508 City Ice®Fuel (3.60) 14 City Ice&Fuel pf 6% 508 City Stores......... 109 Clark Equipment(1). 4 Cluett-Peabody (3). 6 Cluett-Peabdy pf (7) 150. Cocoa-Cola (18) Coca-Cola (A) (3)... Colgate-Pal-P (2%). 25 Colg-Palm-Ppf (6).. 4 Collins & Atkman... 12 Collins & Atk pf (7). 1 Colonial Beacon 6 Colo Fuel & Iron. ... 41268 Colorado & Southern 1 Columb G&EI(b1%) ann- Col Gas&El pt A (8). Columb Carbon (4). Comm Credit (1.60). Comcl Credit A (3).. Comcl Cred pf B (2). Comcl Cred Ist(64) 2408 Comcl Cred pf (1% ). 1408 5 Comel Inv Trust (2) 6938s Comcl Inv T war sta 1 Comel Solvents (1). 301065 Comwlth & Sou(300) 1075828 Comwlth&Sou pt (8) 24 Conde Nast Pub..... 1 Congolm-Nairn (1), Congress Clgar (1).. Consol Clgars (5)... Consol Cigars pf (1) Consol Cgr pr pf 6% . 4308 Con Cgr pr pf xw 6% 208 Consol Film. 14 Consol Film p Consol Gi Consol Gas NY vf(5) 25 Consol Laundries(1) 63628 ConsolRwys pf (8).. 16 Consol Textlle. Container Corp (A). 20508 Containar Corp (B). 2250s Contl Baking (A)... 22 Contl Baking (B). Contl Baking pf (8). Contl Can (3%)... Cont Diamond Fibre Con”. Insur (2.40). Contl Motors 72408 14 Contl OI1 (Dei). .+ .. 846508 64 Contl Shares. ... 416 % Corn Products (3)... 136 Corn Prod pf (1).... 90s Coty Inc. Croum of Crosley Radlo Crown Cork (2.40) 3 Crown Cork pf (2.70 3 Crown Zellerback... 12 Crucible Stee 50 Crucible Steel pfof7) 14388 Cuba Cane Products. 19 Cuba Co...... Sy Cuba RR pf (6)..... 208 ‘uban-Am Sugar. 18 Cuban-Am Sugar pf. 383s Cudahy Packing (4). 10 Curtla Publish (4). 26 Curtis Publish pf (1)1367s Curtiss Wrignt. .. .. 36690 Curtis Wright (A).. 4470s Cushmans pf (8). 508 Cutler Hammer-. .. .. 28208 Davison Chemical... 31 DeBeers Min(md8c). 608 Debenhams Securlty 4 Deere & Co pf (1.40). 14 Delaware & Hud (9) 4633s Del Lack & Wn (2)..9150s Denver & RG Wof.. 5 Detroit Edison (8).. 13 116 Devoe & Ray A(60c). 3 104 Diamond Match (1). 27 1314 Diamond Mtch pf 1% Dome Mines (1).... Dominion Stores t1%1150s Doug Atreraft(t1%) 19 Dresser M{g A (3%) 6 Dresser Mfg B (2) 9 Drug Corp (4 181 Dunhill Internatl... 7508 Duplan Silk (1)..... 8 Dupont de Nem (4).. 873 Du Pont de N pf(6). 12 Duaues Lt 1st pf (5)x _ 1 Durbam Hoslery pf. 348 20% stern Roll Mills.. 15 34 stman Kodai (18) 170408 83% stman Kod pf (6). 208 112% ton Axle& Sprbc. 66 6 Gitington-Schild.... 122 2% IEitington-Schild pf.. 205 624 Elec Auto Lite (4).. 372 3l% Ilec Auto-Lite pt(7) 10s 95 4 Electric Boat 23 1 3 Eleo Pwr & Lt (1)... 438 134 Elec Pwr & Lt pf(6). 13 46 Elec Pwr&Lt pt (1).. 14 I'ec Storage Bat (4) 13 264 Elk Horn Coal pf.... 108 rerson-Brant (A). 9 orium Capwell, 508 28 101508 zm 3 Pub Sve (1.60)., ;X'uh.\'\cnfl.’))‘ EPSpf ww (5%). 1n Pub Sve pe (6). Equit Umce Bldg 2% 29% 314 Fairbanks-Mor: 1 Fashion Park Asso. . 4% Fashion Park A8 pf.. 16% Fed Lt& Tr ($1%).. 1 20 Fed Mines & Smelt.. 1208 2% Fed Mot Truck(20e). 34 10' Fed Dept Stores (1). 1% Federal Screw Wks. 3 Fed Water Service A 20 Fid Ph Fire In(2.60). 85% [ilene's Sons pf 6% . 127 Firestone T & R (1). 46% Firestone T&R pf(6) 41 FirstNatl Stra (2%) % Fisk Rubber. ... *s Fisk Rubber 1st pf % Flsk Rub 1st pf conv 7% Florsheim (A) (1%) 4 Follonsbee Bros. ... 9% Food Machinery (1). 8 Foster-Wheeler..... 24 Foundation Co. ... 16% Fourth Nat Inv (1.1 24 Fox Flim (A)....... 60 Franklin Smn pf(7). 13% Freeport-Tex (3) Fuller prpf(17.11).. ller 2d pt (16.77). 108 vriel Co (A) Ga-iewell Co (3) Gen Am Investor Gen Am Inv pf (8). . Gen Arm Tank Car(4) Gen Asphalt (2). Gen Baking (2)... Gen Baking pf (8) Gen Bronze Gen Electric (1.60).. 1348 Gen Elec speo (60¢).. 66 Gen Food Corp (3).. 257 4 Gen Gas&El A(e300) 2022 Gen Gas&E cv pf(8) 10 Gen Gas & ElecA(7). 208 Gen [tal Ed B m3.61 Gen Mills (3).. Gen Mills pf (6). i Gen Motors (3). Gen Motors pf (§)... Gen Outdoor Adv. .. Gen Outdoor Adv(A) Gen Printing Ink(2). Gen Preg [nk vf (6). Gen Public Service. Gen Ry Signal (5)... Gen Ry Signal pt (8) n Realty & Util. . . 18% 0 Reaity & Utilpf, 14 12 GenRefractories (1) 9 14 GenSteel Casting pf. 1208 Y9 Gen Theatre Bauip.. 80 9% Glllette Saf Rasor... 1508 1008 11% 6915 65 1% 2% 12 ATh 25'% 14 1y ) o s N Y (4). 1160608 61% 92% 8 Not. Bales— Add 00. !um Low. Close. Che. 18 41 +H+++ Iiltr " 134% + 16% 3 2% - % 8 + W -1% +u +5% © Fx PEEHT 440+ £ L BEEFTE 1% ~ % 16 -2 oW Un + % 1081y 9! 31 674 80% JANUARY 8, 1932—PART TWO. Btock and Low. Dividend Rate. Add 00. 45 Gillette Saf R pf (5). 5 1% Gimbel Broa. ... . 26% Gimbel Bros pf (1). 415 Glldden Co....... 40 Glidden Co pr pf (1) . 801 1% Gobel (Adolf).. 14% Gold Dust (2%) 62 Gold Stock Tel (8).. xl'lOl 3% Goodrich (BF)..... * 133 10 Goodrich (B F) pt 3 18% Goodyear T & R ( 35 Goodyear 1st pf (7). 3% Gotham Silk Hoslery % Gould Coupler. 1% Graham-Paige . 5% Granby Consol (50c) 1% Grand Silver Stores.. 7 Grand Unlon. ., 21 Grand Union pf (3). 11% Granite City Steel(2) 241 Orant (W T) (1). 16% Qreat Northern pt(2) 10 Great Northn Ore(3) 5% Great Western Sug.. 74 Great Wn Sug pf (7) 400s 13% Greene Cananea Cop.26408 1 Grigsby Grunow.... 133 1% Guantanamo Sugar. 2% Gulf Mob & Northn. 6 13 Gulf Mobile&Nor pf. 20 4 GulfStates Steel.... 8 264 Hacken Watpf A 1% 80- 14 Hahn Dept Stores. .. 14 Hahn Dpt St pf(6%) 18 Bales— 3 Harb & Walker (1).. Hartman Corp (B).. 110 Hawaifan Pineapple. 2008 Hayes Body Corp... 6 Helme (GW) (17) Hercules Mot (300). al Hercules Powder(3). 1 Hercules Pow pf (1) 808 Hershey Choc (8)... 28 Hershey Choe pf (16° 18 Hoe (R) & Co 1 Holland Furnace (1). 8 Hollander Sonas 8 Homestake M (1.80). 14 Houdaille Hershi pit] Househld Fin pf 4. Houston O11, . Houston Ol (naw) .. Howe Sound (2).... Hudson & Man (3%) 7% Hudson Motor (1) 3% Hupp Motors. . 94 Ulinois Central..... 25 Illinois Cent 11 (4).. Indian Motor Cyel Ind Motor Cycle p: Indian Refining. .. Indust Rayon (4)... 86 4 Ingersoll Rand (4).. 67 Inland Stesl (2). 1] Inspiration Cop; 4 Insur Sh(Del)té2%e 16 214 Insur Sh(Md)(28e). 101 4 Interboro Rap Trans 06 Interbo Rapid T ¢od. « Intercontl Rubber. Interlake Iron In. Agricultur Int Agriculture pf. Int Bus Machine(né) Int Carriers,Ltd 60a. Int Cement (3)...u.. Int Combustion. ..., Int Comb pf ctfs.... Int Combustion pf. Int Harvester (3%). Int Hydro E1 A (e2).x Sl Int Match pf (4) nt Merchant Marl, Int Nickel of Can 30e 526 Int Nick Can pf (7). .x19508 Int Paper pfi...ivi. 804 Int Paper & Pwr (A) Int Paper & Pwr (B) Int Paper & Pwr C... Int Paper & Pwe pf. . Int Printing Ink, . Int Printg Ink pf 16) Int Rys Cent Am.... Int Rys of CenAm pt int Salt ($).., . Int Shos (3). Int Silver. Int Siiver pf ((1). Int Tel & Teleg (80c) lat Dept Stores (2).. 4% Intertype Corp...... % In ors Equity. Tsland Cr'k Coal (3). 24 Jewel Tea (14%). 15% Johns-Manville (1).. 206 68 Jones & Laugh of(T) 123% 45 64 115 L3 27% 3513 8T 1% 4 18% 10115 30 6% Kansas City Soutdn, 15 Kan City Sou pf (4). % Karstadt (Rudolph), K'mann Dept Stra(}) Kavaer (J) & Co (1). Keith-Albee-Orph pt. Kelly-Spring Tire... Kelly-Spr T 6% pt Kelly-8pr T 8% of.. Kelsey-Hayes Whee! Kelvinator Corp. . Kendall Co pf (8)... 4 [Zennecott Copper 50¢ KKimberly Clark 2% . Kinney (G R) Co... Kinney (G R) Co pt. Kresge Dept Storés. Kresge Dept Strs pf. Kresge (S8) (1.60). 102 100% Kresge (SS) pt (1).. 308 2614 Kress (SH) Co (J1). 37 4% Kreuger & Toll 1.61). 472 1215 Kroger Grocery (1), 216308 M‘i 40% Lambert Co (8). 3% Lane Bryant (1 1% Lee Rubber & Tir 5 Leh Port Cement. 72 Leh Port Cmt pf (1). 120 1% Lehigh Valley Coal.. 8 6 Lehigh Val Coal pf.. 8 Lehigh Valley RR.. 35 Lehman Corp (2.40), 18t Lehn & Fink (3). . 5'3 Libbey Owens Glass. 39 Liggett & Myera(1) 40 Ligg & Myers B (15) % 110 Ligg & Myers pt (7). 19 624 36 Bi% 51t 93% 29 264 108% 17 8% 10% 10 43% lOOh 29% 58 16 Lily Tulip Cup(1%). 12% Lima Locomot (m1). 14 Link Belt (1.80)... 13% Liquid Carbonlo (). 23% Loew's, Inc (14).... 86 Loew's Ino pt (6%4). 284 LOftING, cavsisiones % Long Bell Lumb (A 20% Loos 1les (13). 10 Lorillard (P) (1.20). 74% Lorrillard (P) pt (1) 1 Louisiana Oil. . 20 LaOllpf (8%) 17% Lou Gas&El A ll%) 20% Loulsville & Nash(4) 4 Ludlum Steel....... 10 Ludlum Steel pf.... McAnd & Forbes (1) x 15% McCall Corp (23).. 16 McCrory Strs A (2).. 145 McCrory (B) (2).. B84 McCrory Strs pf (6). 6 McGraw Hill Pub. .. 12 Melntyre Porc M (1), 384 MeKeesport T P (4). 41 8% McKesson & Robbl 5 14% McKes&Robpf(3%) 9 1% MoLellan Btores. 52 284 McLellan St pf A(6). B6s Mack Truecks (1).. 144 Macy (RH)& Co(n3). Madlison 5q Garden. . Magma Copper(50¢).x 27 Manati Sugar....... 708 Manati Sugar pf. 2108 Mandell Brothers... 4 Manhat Elev gtd (1) 1688 ManhatElev mod gtd 1 Manhattant Shirt(1) Maracaibo Oll Exp.. Market Street Ry. .. Market St Ry pr pf.. Marlin-Rockwell (2) Marine Midld (1.30). Marmon Motor Car. . Marshall Fleld (2%) Martin Parry Mathieson Al May Dept 8trs (1%) sm- Maytag Co. Maytag Co pf (3) Melville S| Menge! Co. .. Mesta Machine (1) Met-Gold Plc pf 1.89, Miami Copper. . Mid Continent Pltfl. Midland Steel (3) Midland Steel pf Minneap Honey R(l) Minn Moline Pow Minne-Moline P p! MStP &S S Marle Minn S(P & 88M pf.. 607s M StP & SSm 1sd (4) # Mo Kan & Texa. Mo Kans & Texas Dl Missourt Pacifio, 18% Monsanto Chem(1%) 22 3 ard. Jnlh 28 Morrell (J) &Co (3), 31 FINANCIAL. Net. ——3931— High, 854 “ 44 10 654 27 b4 60 244 & 31% 69% 9T% 10812 308 Stock and Sates— Low. Dividend Rate. 504 Morris & Essex(3%) % Mother Lode ¢ % Motor Meter G & El. 15 Motor Products (2). 5 Motor Wheel (50¢).. 814 Mullins Mfg. . 20 Mullins Mfg pt. Munsingwear In; Murray Corp 20 Myer (F E) & Br (2) ash Motors ( % Nat Biscult (2.80).. Nat Biscult pf (7) Nat Cash Reg (A) at Dary (2 +399508 2344 at Dept Stor (e Nat Dept Strs 1st pf. 8608 9 Nat Dist I'rod (2)... 18% Nat Enam & Stamp. . 8 Nat Lead (15%).... Nat Lead pf A (1) 14 Nat Ry Mex 2d pf. Nat Steel (2). Nat Supply Co.. . 16 6% . 120726830% Chlcago &StL 8 & Chi & StL pf.... Dock & Harlem (5) Inyestors, r\ H & Hartford NH&HDpt(T). Y Ont & Western. 67508 N Y Rallwayspt.... 15 N ¥ Shipbuilding. N Y Steam 1st pf(7). Noranda Mines (2).. Norfolk & Southern. 850s Norf & Westn (112), 35 Norf & Westn pf (4) 810s North Am Aviation. 336 3w Nof Amer(b10%stk) 982718 35% 49'% North Amer pf (3).. 13 46 79 North AmEd pf (8). 9 14% Northern Pacific 3).. 2231 4 NorGer Lloyd m2.66 8 14 Norwalk Tire & Rub. 5% Ohlo O11. . % Oliver Farm Equip. . 2 OlivFarm Eq pr pf.. 1% Omnibus Corp...... 52% Omnibus pt (A) (8). 84 Oppenheim Coll (2). 4% Orpheum Circuit pt. 18% Otis Elevator (2%). 97 Oti x1408 s e “ BL R 8 OtisSteel prpf..... 12378 914 20 Owens Il Glass (3). 22 203 Pacific Coast 24 pf.. 108 Cucific Gan & K1 (2), 98 Pacific Lizhting (3). 49 Pacific Mills........ 9108 Pacific Tel&Teleg(7) 288s Pacific T & T pt (8). x1508 Packard Motor (40¢) 626 Pan-Am Pet B(1.60). x Panhandle P& Rpt. 30s 6 Par-Pub (b10% stk) 726318 74 Park & Tilford Park Utah. Parmelee TrlnlWrL Pathe Exchange.... Pathe Exchange (A) Patino Mines....... Peerless Motor Car... Penick & Ford(t1%) Penney (J C) (2.40). Penney (JC) pf A (6) Penn Dixle Cement. . Penn Dixie Cmt pt. . Penna Rallroad (2). Peop Drug Strs (1).. Peoples DS pt (8%) 108 Peoples Gas(Chl)(8)2870s us Pere Marquette Ry.. 47 64 ™ pr Df 2020. lOK Pet Milk (m1)...... Pet Corp of A(m50e) :01 Phelps Dodge Co Phila Conew (6).... Phila Co 6% pt (3).. Phila&Reading C& I Phillp Morris&Co(1) Phillips-Jones Co. Phillips Petroleum Plerce-Arrow....... Plerce-Arrow pf (§). Pierce Otl..... Pierce Oll pf. . Plerce Petroleum, Pillsbury Flour (2). Pirelll (A) (m3.13).. Pltts Coal. .. Pitts Coal pf.. Pitts FL W & C pf(1) Pittsbgh Screw & B, Pitts Steel pf....... Pitts Terminal Coal. Pitts Term Coal pt.. Pitts United Cor Pittsbgh & West V. a. Poor & Co (B).. Port Rig Am Tob(A). Port R Am Teb (B). Postal Tel&Cable pf. 4 4108 x 67 Prairle Pipe Line Pressed Steel Car. Pressed Steel Car pt. Proct & Gamb (2.40) Pro & Refiners. Prod & Refiners pf.. 480s Public Sve NJ (3. 40) 224208 Public Sve NJ pt (5) 7 Public Svo NJ pf (6) x § Public Sve N J pf(8) Pub Sve Q&E ot (6). 15% Pullman Corp (3)... 2 i Punta Alegre Sugar. 17 84 PureOll......ccueus 170 5319 Pure Oil pf (8) 1408 108 Purity Bakeries (1). 95 Radio Corp. : Radio Cory pf A 3. Radio Corppt (B). Radlo-Kth Orph cifs. Radio-Keith-O(new) KR Sec 1 C stk C(4). 3 Raybestos ) Reading Ry Reading 1st pf (2).. Reading Ry 2d pf(2) Iteal Silk Hos Real Silk Hosle Reis (Robt) & Co Remington- Kand.. Rem Rand 1st pf Rem Rand 2d pt. Itensselaer & Sar (8) Reo Motor Car(40¢). 8% Republiic Steel . luflsl 5 Republic Steel p 9 Revere Copper. . Revere Copper pf(7). 208 Reynolds Met (13%). 38 4 Reynolds 8pring. ... Reynolds Tob A (3). 32% Reynolds Tob B (1). 10 Rhin W El P (m1.07) % Richfleld Of1. 1% Rio Grande Ol 5% Ritter Dent Mfg. 34 Rossia Ins of Amer. . 13 Royal Dutch of NY 7 _Rutland RR p I Store 6314 Safeway Birs pf (6). 8108 71 Safeway Strd pf (7).5730s 7 StJoseph Lead(80c). 88 3 StieSan Francisce. 4% StL-San Fran nf((). 64 St Louis Southwn pt. 3% Savage Arms.... 3 Schulte Retall Stores 80 Schulte Stores pf (8) 8614 Scott Paper ($1.40). % Seaboard Alr Line. .. W board Air Li 26 5'4 3eaboard Ofl. . 161 214, Seagrave Carn. 80% Sears Roebuck (2%) Ilolil % Second Natl Inv..... 27 Second Nat Inv pf... 4 % Seneca Copper. l» Servel Inc." '3 Sharon Steel Hoop. . 34 Sharp & Donme. . 25 Sharp & Do pf (3%). % .-,x..uucml'umm,zsn. 5 Shell Trading & Tran 940s 24 Shell Unton Of1. . 15 1y Shubert Theaters 6’s Simmons Co. . 3% Simms Petroleum. 4% Sinclair Consel Of 64 Sinclair Oll pf (') 2 Skelly Oll., 10 Skelly O11 fi' 12 Sloss-Sheff Steelpf. ms- 4 7208 208 1608 201 P4+ 4+ 01+ +HT++4 Add 00. luh. Low. Close. m- 20 50% 50 +1 sexry #5# =Fx sFresz - - & EES TEhLl+14100 L4441 SEE FESEE EEE¥ w2 Prrs ++ L . UL LE4+ 44 FEEEF 5 FEETES sELERE 2 LA+t 441 1+ - - & EEF L 1133 o FEFEFREETE PR REAl