Evening Star Newspaper, January 14, 1932, Page 14

LA—14 w2 ANNUAL MEETINGS | OF BANKS ARE HELD Reports of Maryland and Vir- ginia Institutions Are Made. VIENNA, Va. January 14 (Special). —W. R. Gray of Oakton was re-elected president of the Vienna Trust Co. at the annual stockholders and directors’ meet- ings yesterday. Joseph Berry of Vienna was re-elected vice president; John Mc- Daniel of Vienna, secretary-treasurer, and Norman Cobb of Fairfax, assistant secretary-treasurer. At the stockholders’ meeting, presided over by Robert R. Buckley of Fairfax, directors were elected as follows: Frank- lin Williams, Joseph Berry, W. R. Gray, C. E. Miller, J. U. Kincheloe, Olin Sny- der, Herman Kaden, H. R. C. Shockey, A. Jones, Hugh Gunnell, Jorn W. Rust, C. H. Powell and F. N. Hagman. Resources of the bank, which was re- ported as increasingly sound in spite of general unfavorable business conditions of the past year, were reported to be $220 000, an increase of approximately $15,000 in the past year. Deposits amounted to $150.000, an_increase of approximately ~ $10,000. Surplus was given as $5000 and undivided profits, $4,000, the latter an increase of $1,000. Directors voted payment of the 2 per cent semi-annual dividend. Stock- holders adopted a resolution commend- ing the directors for their management of the affairs of the Trust Company. A resolution of regret was also adopted at the death during the year of M. Church of Falls Church, a member of the directorate, whose place was filled by Olin Snyder of Falls Church. Directors Are Re-Elected. SANDY SPRING, Md., January 14 (Special) —The annual meeting of the etockholders of the First National Bank of Sandy Spring at a meeting at ‘the bank re-elected for the next year the same board of directors, and also re- elected the same officers, which were: President, Frederick L. Thomas; vice president, Frank J. Downey; chairman of the board, Josiah W. Jones; cashier, Prancis Miller; assistant cashier, Sallie P. Brooke; telier, Francis A. Thomas. The bank had'a successful year, and gained in resources Danville Bank Re-Elects. DANVILLE Va., January 14 (Special). ~—The First National Bank will operate this year with the same organization as last year. At meetings of stock- holders and directors held Tuesday eve- ning, no changes were made in the personnel. _ Officers re-elected were James 1. Pritchett, chairman of the board, B. V. Booth, president; James Bustard, vice president and trustee officer; J. N. Benton, cashier; Guy R. Dudley, assistant cashier, and L. C. Horne, assistant trust officer. Stockholders of the American Na- tional Bank also re-elected the entire board of directors without change. The board will meet on Friday to elect offi- cers for the year. Leesburg Banks Re-elect. LEESBURG, Va., January 14 (Special). —The stockholders of the Loudoun Na- ticnal Bank of Leesburg at their regular annual meeting re-elected the following directors: H. K. Arthur, A. Dibrell, John M. Douglass, Edwin E. Garrett, W. H. Grubb, Coleman C Gore, Bentley Gregg, William Groom, Victor B. Hard- ing, F. M. Love, E. L. McFarland, W. A. Metzger, Volney Osburn, Edgar Pea- cock, H T. Potterfield, A. C. Reid and M. H. Wkitmore. Following this meeting the stock- holders re-elected the following officers: Edwin E Garrett, president; A. Dibrell, vice president and cashier; E. L. Mc- Farland, assistant cashier, and Mrs. M. K. Warner, assistant cashier. The People’s National Bank of Lees- burg at its annual meeting re-elected the following directors: M. D. Arnold, Cecil Connor, W. G. Fletcher, W. S. FPrancis, W. H. Frazier, Thomas B. Glascock, Robert N. Harper, J. M. Hatcher, W. 8. Jenkins, Bruce Mcln- tosh, F. T. Ross, W. O. Russell. J. F. Ryan, F. E Saunders, O. I. Thomas, J. 8 Whitmore and L W. Wortman. ‘The directors will meet on Thursday and elect officers for the coming year. Both banks report the past year as being very satisfactory. Purcellville National Bank. PURCELLVILLE, Va., January 14 (Special) —At the annual meeting of the stockholders of the Purcellville Na- tional Bank held here the following directors were re-elected for the en- suing year: J. L. Dodge, H. W. Van Sickler, E. T. Hirst, J. T. McGavack, M. N Lyon, Notley Ball, H. M. Ball, ‘T. J. Potts, Franklin T. Wilson, J. J. Porter, C. L. Robey, W P. Pancoast, H. T. Pancoast The directors re-elected the following officers: C. L. Robey, president; J. T. McGavack, vice president; Notley Ball, Becond vice president; J. Derry Tribby, cashier. The bank reported the past year as being satisfactory. Round Hill National Bank. ROUND HILL, Va., January 14 (Spe- cial) —The annual meeting of the stockholders of the Round Hill National Bank was held and the following direc- tors were re-elected: C. A. Baber, H. H. Cooley, J. A. Cummings, Edgar Crim, T. M. Derflinger, C. J. Ford, Dr. C. P. Hutchison, P. C. James, J. F. Pat- terson, H. H. Piggott, J. C. Rogers and W. R. Sagle The directors met and elected the following officers: H. C. Thompson, president; C. A. Baber, vice president; H. H. Cooley, cashier. The usual dividends were declared by the bank and the earnings during the past year were reported as satisfactory. Hamilton Banks Re-elect. HAMILTON, Va,, January 14 (Special) —The stockholders of the Farmers & Merchants' National Bank of Hamilton, at their annual meeting re-elected the r william T. Brown Roy M. Filipp J. P Hatcher, M. L. Herndon, Henry J. Hoge, A. M. Janney, Theodore Reid, H. C. v r, Henry B. Tay- Yor, president; J. P. Hatcher, vice pres- ident; Theodore Reid, cashier. The bank reports that during the past ea> both net profits and deposits have YDCX’MSCG. Upper Mariboro Bank. UPPER MARLBORO, Md, January 14 (Special) —All officers and directors Were re-elected at the annual meeting of the stockholders of the First Na- tional Bank of Southern Maryland of this place. Directors are C. A. M. Wells, William 5. Hill, M. Hampton Magruder, William S. Ryon, Henry L. Morris and Judge T. Van Clagett Mr. Wells is president, Mr. Hill, vice president and cashier, and Claude H. Owen, assistant cashier. Business 25 Per Cent Up. FINANCIAL, THE EVENING STAR, WASHINGTON, D. C. THURSDAY, JANUARY 14, 1932, NEW YORK STOCK EXCHANGE Recelved by Private Wire Direct to The Star Office. (Continued from Page —1931— Stock and High. Low. Dividend Rate. 18% 5 Murray Corp. 15 Nash Motors (2). 1 2% Nat Acme Co. 7 Nat Bella Hess. Nat Biscuit (2.80). 4 Nat Cash Reg (A) 7 Nat Dary (2.60). Nat Dist Prod (2)... Nat Lead pf A (7) Nat Pwr &Lt (1). Nat Steel (2)....c0m Nat Supply Co...... Nat Surety (2). Nat Tea (1).. Nelsner Brothers. Nev Con Cop (40¢c). . Newport Industris Bales— A N Y & Harlem (5) N Y Investors...... N Y, N H & Hartford NYNH&HD! (.. Y Ont & Western. N Y Shipbuflding. N Y Shipbldg pf (7). Noranda Mines (2).. Norfolk & Southern. Norf & Westn (112). Norf & Westn pf (4) North Am Aviation. Nor Amer (b10%stk) North Am Ed pf (6) . 141 Northern Pacific3).. 4 Nor Ger Lloyd m2.5¢ 471 21 Northwest Tele (3 19' 5% Ohlo Ofl. 5% 8 Oliver Farm Equip 24 OlivFarm Eq pr pf.. 1% Omnibus Corp. ..... 4% Orpheum Circuit pf. 1614 Otis Elevator (23%). 315 Otis Steel 8 Otis Steel prpf. 20 Owens [11 Glass (2). Tacific Gas & £l (2). Pacific Lizhting (3). Pacific Mills........ Pacific Tel&Teleg (1) Pacific T & T pf (6).. Packard Motor (40¢) Par-Pub (b10% stk). Park & Tilford . % Park Utah. . . Pathe Exchange (A). Patino Mines. Peerless Mot . Penick & Ford (1)..¢ Penney (J C) (2.40).. Penn Dixie Cement. . Penna Rallroad (2 Peoples Gas(Chi)(8) 18 Peoria & Eastern. 1 Pere Marquette Ry.. 3 4 Pere Marquette pf... 190s Pere Marquette pr pf 1108 Petrol Corp of Am 5 Phelps Dodge Co 26 Phila Co new (6) 1 Phila&Reading C & 1 Philip Morris&Co(1) Phillips Petroleum. . Plerce Oll pf....eeee Pierce Petroleum. ... Pillsbury Flour (2).. Pitts Coal . Pittsbgh Screw & B. Poor & Co (B) . Port Ric Am T Port R Am“Tcb (B).. Postal Tel&Cable pf. Prairie Ofl & Gas Prairie Pipe Line % Pressed Steel Car. Pressed Steel Car pf.. Proct & Gamb (2.40) 16 3 Prod & Refinerspf.. 40s 4 Public Sve NJ(3.40). 46 Public Sve NJ pf (§) 2 Public Sve NJ pf (§) 1 118 Public Sve NJ pf(8) 15% Pullman Corp (3)... 31 Pure Oil.... 53% Pure Oil pf (8) 10% Purity Bake 514 Radlo Corp Radio-Keith-O (new) Raybestos Man(1.60 Reading Ry Co (2).. Real Silk Hostery... Remington-Kand. Reo Motor Car(40¢). Republic Steel...... Republic Steel pf. Revere Copper. . . Reynolds Met (1%). 5 Reynolds Spring Reynolds Tob B Richfield Ofl. . Rio Grande O1l Rossia Ins of Amer.. % Safeway Stores (5). 63'% Safeway Strs pf (6). 71 Safeway Strs pf (7). 7 3 StL 4% St Louts Southwn 3% Savage Arms. 5 3 Schulte Retail Store; 1% Seaboard Air Line, 5% Seaboard Ofl..... 30% Sears Roebuc! 31 Servel Inc. 215 Sharon Steel 8% Shattuck (F G) (1). 213 Shell Union Oil. 15 Shell Union Oil pt % Shubert Theater: 674 Simmons Co. . 313 Simms Petroleum 4% Sinclair Consol Ofl.. 64 Sinclair Ol pf (8 2 Skelly Oil. 10 Skelly O1 of ww.... 12 Sloss-Sheft Steel p: % Snider Packing. . 2 Snider Packing pf... 8% Socony-Vacuum (1). 45 Soly Am pf ww(5%) . High. Low. Close. Chge. 2 A T (2 13) Net. 94 18% 18% 3% 3% 3 % LY 4% 43% f U £ © £ SR & sees 6% 3% 10% 1% 2% 1067% 27 80% 15 29 5l 14 A% 3% stock. —1931— 1:30 P.M. Dividend rates as payments based on the XEx-divicend. sLes Stock and Bales— Low. Dividend Rate. Add 00. 6% South Port Rico Sug. 4 % % 28% Southn Cal Ed (2)... 8 31% 213 Southern Dairies(B). 2 2% 2615 Southern Pacific (4). 86 6% Southern Railway... 38 10 Southern Railway pf 3 8 Spalding (AG) (1).. 94 Spald(AG)1stpf(7). 2 Sparks-Withington. . 3 Splegel-May-Stern.. 10% Stand Brands (1.20 2514 Stand Gas&El (3%). 297 Stand Gas&El pf (4). % Stand Invest Corp. .. 231 Stand Oil of Cal(2%) 8714 Stand Ol Exp pf (5). 7% Stand Oil of Kansas., 26 Stand Ol NJ (12)... 14 Sterling Secur (A).. 1615 Sterling Secur cv pf. 4% Stewart Warner..... 97 Stone & Webster 9 Studebaker Co(1.30). 1 Superfor OIl. 27% Superior Steel. . 1 Symington (A) T1's Telautograph (1.40). Tennessee Corom. ... 974 Texas Corp (2).. 19% Tex Gulf Sulphur(3) 4% Tex Pacific Land Tr. 1% Thermoid Co 514 Third Avenue 6% Thompson Prod 1.20. 7 Thompson Starrett 214 Tide Water Asso Ofl. 20% Tide Water As pf(6). 315 Timken-Detroit Axle 16% Timken Roller B(2).. 1% Tobacco Products. .. Tobacco Prod A t95¢ Tobacco Products cte Transamerica Corp Tri-Contl Corp. . Tri-Contl Corp pf(6) Truax Traer Coal Co Twin City R Tr pf(7) nd iinjon Carb & (2.60). Un Oil of Callf(1.40) Union Pacific (10).. Union Pacific pf (4). Un Tank Car (1.60).. Unit Afrcraft. ... Unit Afrcraft pt (3). Unit Biscuft (2)..... Unit Carbon % Unit Cigar 8 Unit Cigar St pt 4 Unit Corp (76c) .. 4 Unit Corp pf (3).... Unit Dyewood pf (7) Unit Electric Coal Unit Fruit (3). ; Cnit Gas&Im (1.30) Unit Gas&Im pf(5).. 4 US & Forn Secur. . U S & For Sec pf(6) .. U S Freight S Gypsum (1. Indus Alcohol. Leather........ Leather (A). Pipe & Fdry (1). Realty & Imp. . Rubber. ... Rubber 1at of. Smtg & Ref (1). S Smtg&Ref pt 3% U S Steel Corpm (4).. gcgaqaacaa wnunnnnn Univ Leaf Tob pf(8). Univ Pic 1st pf (8).. 7% Ul Pwr & Lt A (2 % Vadasco Sales Corp.. 11 Vanadium Corp..... 1% Va-Cora Chem...... 84 Va-Caro Chem pf (1) 81 Va Elec&Pwr pf (). 20% Vulcan Detin (4) 69 Vulcan Detin pf (7 % Wabash R R. Wabash R R (A) 17% Waldorf Sys (1%) 113 Walworth Co. . 115 Ward Baking (B). 24 Warn Bros Pictures. s Warner Quinlan. . Warren Bros. G Warren Bros cv pf 3. Webster Eisenlohr Wesson Ofl&Sno(2). Wesson O&Sno pf(4) West Pa El pf (T)... West Pa Pwr pf (7). 4 Western Dairy (A).. Western Dairy (B).. Western Maryland Western Pacific. Western Pacific pf. .. Western Union (6) Westinghse A B(2).. Westinghouse (2% Westvaco Chlor 1. White Motors. White Rock (4) White Sewing Mach. White Sewing Ma pf. Wilcox Ol1 & Ga Willys-Overland Willys-Overland p Wilson&C........ Wilson & Co (A) Wilson & Co pf Woolworth (2.40). Worthington Pump. Wright Aeronautical Wrigley (Wm) (4).. 3 Yellow Truck... Young Spring& W (1) % Zenith Radio. . s 6% Zonite Prod Corp (1) 11 8 N RIGHTS—EXPIRE. % Peop G L & C..Jan 15 8 1% 1% Nev. Low. Close. Chge. % + % 31% + % 2% 36% + % -% +1% -1 oAt b+ + ]+ Sales of Stocks on New York Exchange. 12:00 Noon.. 0 P.M..... iven in the above t; tes .2,000,000 us stock & Paid last yei & Payable in cash or stock. i Plus 50c 1o -.2,200,000 1 Pl 1 aDecial preferred atock stock. m Pald this ye ©» Plu3 3%% in stock. —no regular rate. B Plus FLORIDA PARK BILL REPORTED TO HOUSE | | Big U. §. Project in Everglades Is | Passed by Committee—Would Set Aside 2,000 Square Miles. By the Associated Press. The Everglades National Park bill was | reported favorably by the House Pub- | lic Lands Committee | The measure would set aside 2,000 square miles of Dade, Coliier and Mon- roe Counties, Fla., for a scenic tropic | park | The committee’s decision was made | on thesbasis of hearings held last year, during which the project was strongly recommended by Horace Albright, di- rector of the National Park Service. Representative Ruth Bryan Owen, Florida Democrat, today introduced a telegram of indorsement from the sub- committee appointed by the National Parks Association to study the project. FISHING BOAT AGROUND Trawler's Crew Saved in ‘Heavy Sea Near Manteo, N. C. MANTEO, N. C, January 14 (#)— The fishing trawler St. Rita, out of Gloucester, Mass., went aground in a heavy sea early yesterday a half mile sout of Paul Gamiel Hill Coast Guard Station. Coast Guardsmen took off RIVERDALE, Md., January 14 (Spe- Jeial) —At the ‘annual meeting of the !stockholders of the Citizens' Bank of {Riverdale it was announced that the bank’s busmess had increased approxi- mately 25 per cent dufing 1931. Resignation of Dr. 8. M. McMillan as 2 vice president and director was ac- cepted. These directors were elected: C. A, M. ‘Wells, B. O. L. Wells, E. W. Reibetan: Dr. R. A. Bennett, Willlam P. Magru- der, Dr. J. 8. Caldwell, William St.eml. Neal, Richard Breaden, James S. the crew. The St. Rita was breaking up under the pounding of the waves and Coast Guardsmen said it probably would be lost. The Coast Guard cutter Pont- chartrain was en route to attempt to save the craft. The St. Rita was commanded by Capt. Frank Favalo. The members of the crew were Gerald Rioux, Gasper Lucido, Domnere Parise, Jack Bincer, Salvator: Conte, Tony Aloe and Jozeph Barcelona. | WASHINGTON STOCK EXCHANGE QUOTATIONS AND DAY’S SALES SALES. Washington Gas 6s 100%4 Potomac Electric Cons. 1007, $1,000 at 1007, at $60. AFTER CALL. 51, 10 at 51. BONDS. Amer. Tel. & Tel. 4%s 39 Tel. & Tel, ol tr. 8 Capital Traction R. R. Bs. City & Suburban 5s Georgetown Gas 15t 5s Potomac Elec. Cons, 5% Potomac Elec. 6s 195 Washington Washington Gas 55 | wa Gas 65, series A | Wash. Gas 8s. reries B Wash. Rwy. & Elec. 4s | MISCELLANEOU! | Barber & Ross, Inc., 6%s | Chevy Chase Ciub 5izs. ... | Golumbla Country Club' §}:s STOCKS. Wash. Rwy. & Elec. Wash. Rwy. & EI m prd. (5).. Capita] (14) Columbla (13) 3 Commercial (stamped) (10} “A"—$1,000 at Washington Gas 65 “B"—8$200 at 10015. | 5 55—$1,000 &t |Com: & Capital Traction 55—$1,000 at 60, $1,000 Bid and Asked Prices. PUBLIC UTILITY. 5 : Wash., Alex. & Mt. Vernon cil 5 4! M. Cold Btorage 55....... . NATIONAL BANK. Min. price. Asked Prince Georges Bk. & Tr. (6) Union Trust (8s)...... Wash, Loan & Tr. (i4) SAVINGS BANK. ank of Bethesda (6§) Savings (10) East Washington (1. Potomac (10)...... . Sec. Sav. & Com. Bk. (17). Beventh Street (12) Washington Rwy. & Elec. pfd.—10 at 24. | {"Vhfled States (30) ash. Mechanics (20 4 FIRE INSURANCE. Mergenthaler Linotype—10 at 51, 10 at e American (12)... | Corcoran (10).. | Firemen's (@) | National Union " (i5) TITLE INSURANCE. Columbia (6h).... Real Estate (6h) o MISCELLANEOUS, Barber & Ross. Inc,, ol Mealcal Bids. Corp. Gol Band Emer. Bromo-Selz. * Federal Storage pfd (8) , Fed.-Am. Co. com. (1201). Fed.-Am. Co. pfd. (6). Lanston ‘Moriotype (6).." Mer. Tr. & Stge. com. (10) U |Mer. Tr. ‘& Stge. pfd. | Mergenthaler | Nau. Mtee. & | Peoples Drug S . | Real Est. M. Security | Ter. Ret. Wash, Med. Bidg. Corp. (1) | Wdwd. & Lothrop com. (1.20). Woodward & Lothrop pfd. (1) *Ex dividend, bBooks closed. 25¢ ext 8. = L POLICE AID ROMANCE CHICAGO, January 14 () —Kenneth C. Reeves, 26, Midway, Ky. , bashfully inquired of the desk sergeant in the 280 | Oak Park police station last night if 20 |a justice of peace could be found. IBONDS GO HICHER INACTIVE TRADING! New Top Levels Reached by Many Issues as Demand Increases. BY F. H. RiCHARDSON. Special Dispatch to The Star. NEW YORK, January 14.—Bonds ad- vanced broadly to new high price levels on the movement in active trading to- day. The market opened strong in com- pany with an actively higher market for stocks. Wall Street awaited with interest today's decision of the New York Federal Reserve Bank directors, one group inclining toward the theory that the rediscount rate will be cut from 31, to 3 per cent in pursuance of the bank’s cheap money policy, and another believing that the rate will be main- tained at 31, per cent, because the cut in bill rates has ajready had the de- sired effect on the bond market. Another influence on bonds was the favorable prospects for the acceptance of a general wage reduction of 10 per cent by the railroad unions now meet- ing at Chicago with representatives of the companies. Those who view the benefit of a railway wage reduction as insufficient to take care of the carriers’ needs argue that the deferred mainten- ance charges for many roads will more than eat up the $250,000,000 that is xpected to be saved. One road, it is pointed out, which spent $2,800 a mile for maintenance in 1929, spent only $1.650 in 1931. Railroad issues were almost unani- mously higher. _Since some of them, notably Nickel Plate 6s and St. Louis Southwestern Consolidated 4s, have had gains of 14 to 18 points in two days, there was a moderate volume of profit taking. But this swerved the list from its upward course only for a moment. Advances of 2 to 5 points were common in such semi-speculative issues as Alle- ghany Corporation 5s, Baltimore & Ohio Convertible 4!.s, Chicago & Northwestern 4%s, Rock Island Re- funding 4s, Denver & Rio Grande Western 5s, Erie 5s, Illinois Central 43, International Great Northern Ad- justments, Missouri-Pacific 5s, Frisco 41,5 and Southern Pacific 41as. Bonds were sharply higher at the opening. The impulse given the market by the cutting of the Federal Reserve bill buying rate was aided by further re- ductions in bankers’ bill rates and the possibility that the rediscount rate would be cut today. Domestic railroad descriptions, such as Rock Island 4l%s, Alleghany Corporation 55, Denver & Rio Grande Western 5s, were up from 1 to 2 points. Industrials like National Dairy Products 5's and Brookiyn- Manhattan Transit 6s were also a point or more higher. United States Government bonds opened from 15 to 3 of a point higher, with most activity in Treasury 4%s and 3%s. Foreign dollar issues also were strong. _German governments were fractionally better. Municipals, such as Frankfort 815s, gained a.point. South American and Japanese bonds were firm. G. E. ROBERTS RETIRES AS BANK OFFICIAL Announcement is made by the Na- tional City Bank of the retirement of George E. Roberts as vice president and his appointment as economic adviser of the National City organization, and the election of Mr. Roberts' son, George Bassett Roberts, to a vice presidency in the bank. George E. Roberts entered the Na- tional City organization in 1914. He had served as director of the.United States mint, under Presidents McKinley, Roosevelt and Taft. He resigned the mint directorship in 1907 to accept the presidency of the Commercial National Bank of Chicago, retiring from that position when the institution was con- solidated with the Continental National Bank of Chicago. He returned to the directorship of the United States mint at the invitation of President Taft. INVESTMENT TRUSTS NEW YORK, January 14 (#)—Over- the-counter market: Bid. Asked. A B C Tr Shrs D.... . T2 In A B C Tr 8hrs E eeeiie 4% 4% Am & Gen Sec A. e At 2 Am & Gen Sec Bl 0 Am & Gen Sec 33 p{ Am Br & Coa 6 Df.. Am Comp Tr Shrs Am 6% DI....... Am 3 Am Am B Assoc Stand Oil . Atl ‘& Pac com ww.. Atl & Pac pf war Bankers Nat Inv. Bansicilla Corp Basic Industry . British Type Inv. . Central Nat Corp A Century Tr Shrs Central Nat Corp B Chain & Gen Equities . Chartered Invest ....... Chartered Inv pf Chelsea Exch A Chelsea Exch B Cumnlative Tr Sh Corporate Trust . Corporate Trust A A SA Corporate Trust Accum Ser.... Crum & Foster Crum & Fost 8¢, pi. Crum & Fost Ins Granger Trade T Gude Winmill Trad Incorp Investors Incorp Invest Equit Independ Tr Shrs .. Int Sec C Suob’ aluauessses T 8% Northern Secur Oil Shares units Old Col Inv Tr Repres Tr Shrs Second Int Sec A ! Second Int Sec B Sec Int Sec 6% 1st Pf Secur Corp Gen 6s PI. Selected Am Sh ... Selected Cum Shis Selected Income Sh . Selected Manage Trust Shawmut Bank Spencer Trask Fund Stand All Am Tr . Stand Am Tr Shrs Stand Collat Trust State Street Invest Super of Trustee St Oll A Trustee 8t Oil Shrs B Trusteed N ¥ C Bank UNITED STATES. (Sales are in $1.000.) Sales, Hizh. Low. Lib 3148 32-47. 129 96 95 25 L 1st 41,8 32-47 110 98 28 S$351951-6... 4849, 988 97 102 30 10116 Bales. High, Low. 2:53 Abitib] P&P 68’53, 8 33 324 Ab & St 51 43 83 Adams Exp 4s'43.. 68 Alleghany Cp 58 44 Allegheny 65 49. .. Allegheny 63 '60. .. Allis-Chalm 55 '31., Am Chain 65'33..., Am F P 55 2030 AmIGChb%s Am Intl 533 '49. .. Am Metal 5%8°34., Am S&R 1st 53 '47. Am Sug Ref 65°37.. Am T&T cv 4% 539 AmT&T 58" . Am T&T c tr 53 '46. Am T&T 6sat'60.. Am T&T 5%s 43 Am W Wis 68 ‘34.. Am Wat Wks s 'T6 Am Wr Pap 65 '47.. Arrentine 5343 '62.. Argentine May '61. Argentine 63 Ju's9. Argentine 6s Oc's9. Argentine 65 A '57.. Argentine 6s B 'S Arm & Co 4%s'39.. Arm Del 5148 '43... Assoc Of] 6335 Atchison gn 4 Atchiscy 4% Atl C L 1st 4852 AtICLcl 45’52, At Gulf 58°59. Australia 4148 Australia 5556, Australia 5557, Austria 7s 43, Austria 78°57 ¢ E & O Toledo B& O P&WV Batav Pet 4%3 *42. Belgium 6s '6| Beiglum 6%s 49 Belgium 7s ‘5. Belglum 7556, ... Bell Tel Pa 63 B '48 Bell Tell Pa 55 C'60 B Ind Loan C 6346 Berlin Cy El Beth Stl pm b Bollvia 7569 Bolivia Bordeaux [OTRUISEIG PPN Brazil 618’26, Brazil 64537, Brazil 7s. Brazil 8s'41. .. Bremen 7835, ..., Bk Ed gn A 5849, . Bklyn Elev 63 Bklyn Man Rkiyn Un 58°45. Budapest Vs '62. .. Buenos A 65’61 Pv. Buff Gen El 4%#'31 BR&Pitt 4%s 57, Bush T Bldg 55'60.. Calif Packing 5840 Canada 48 60 Canada 4%8'36.... Canada s '62. Can Nat ¢%4354... Can Nat Ry 4%#'56 Can Nat %48 '57... Can Nat 4%s'68... Can Nat 4%3'55... Can Nat 5s July’69. Can Nat 53 Oct '69.. Can Nat 5570 e - S mawa oo~ Sad wrewate Can Nor 78 db "40. . Can Pac db 4 5 Can Pacific 435 4§ Can Pac 4%s '60 Can Pac 53 "44. Can Pac 68 'G4. Cent /11 G&E Cent Pac 45 '49 Ches Corp 63 '47... C& O gen 413892 CB&Q Il dv 4s'49. Chi & Est 111 5s'51. Chi Grt West 45'59. Chi Ind&L gn 58 '66 Chi Ind&Lou 6566 Chi M & St P 45 '89. Chi M & StP 4%sC Chi M&StP 4%s E. CM&StP4%s'89. C M StP&P 53°75.. CM&StPadjbs.. Chi & NW gn 45’87 Chi&NW 415 2037. C&ENW 4%s C 2037. Chi & NW cn 4%s. 1 Chi&NW rf 55 2037 Chi Rwys 5s 27, .. .| Chi RI&P gn 45 '88. ChiRI&Prf4s'34 7 ChiRI&P 4%s'52 ChiR Tcv4%s'60. C TH&SE in 55'60. Chi T H inc 6560.. Chi Un Sta 58 B '63. Chi Un Sta 6%s'63 C& W Ind cn 4s'52. C& W Ind 5%s '62. Chile 6360 Chile 53 '61 Chile Cop db 53 '47. Chin GVtRy 58 '51. St L 4%s E'71 Clev Term 5%s '72. Colomb 6s Jan '61.. Colomb 6’61 Oct.. Colon Ofl 63'38.... Colo & Sou 4% 835, Rarn Col G&E cou 63 '61. Com Inves 5%s '49. Con G NY 4%8'51.. ConG N Y 51845, Con Pwr Jap 6%s.. Con Pow Japan 7s. Consum Pow 5s'62 3 Copenhag 53 '52... Cuba 5%8'45. .. Cuba R R 5852 Cuba RR 6s ctf '36. Cuba Nor 5%s'42.. Czecho 8s 51 Cgecho 8s '52 Del & Hud rf 48°34. Del & Hud cv 55 '35 Denmark 4%s ‘62.. mark 5% '6 Denmark 6s'42 Denver Gas 5s el e S g ae NoCanS-8untdaBenwa weXanms DRG & W 58 °T8. ., Det E G&R4%'61. Det Edison rf 58’49 Deutsche Bk 6132, Dodge Brcl 68°40. Duquesne 4% s '67. Dutch East I 62'52. Dutch East 165'47. East C Sug 77%s"37 El Salvador 8s'48. Erie 1st con 48'96. Erfe con 4s A ‘53 Erieconv 48 B.. l| ON NEW YORK BONDS STOCK EXCHANGE I Received by Private Wire Direct te The Star Office Goodrich ey Good 15t 8348 4T 0y Goodyr Rub 5a'87.. GrandTr st db 6#'36 1 Grand, Trunk 78'¢ Grt NOor6s'73...... Grt Nor gn 63%1°53 Grt Nor gn 7s'38... L] Hud & M adj 68 57, 13 Hud & Mrf5s'67,. 5 Humble O1l 5837, Humble O 5% 111 Cent 4s '52 v 4 11l Cent rf 4s'66.... 7 111 Cent 4% "66. (11 Cent 614336 Inland St 4%s B'S1 Int Rap Tr 53 Int Rap Tr 6s°32.., Int Rap Tr 78 32... Int Cement 53 '48. .. Int & Gr Nor 53 '58. 1 Int & Gr Nor 63'52. 15 Int & G Nad 6s'62. 13 Int Hydro El 63°44. 13 Int M Co bs ret’41 Int Match 5847 Int MM col tr Int Pap 53 A ‘47 Int Pap 6s '5i IntT&T4%s’'52 Int T&T cv %839, 47 IntT & T58'65.... 21 Irish Free St 53 '60. Italy Ts '51. Italy Pub S 7s '62 Japanese 6%s ‘65 Japanese 6148 '54.. 15 Kan C FtS&M 45°36 1 Kan City Sou 58’56, 6 Kan City Ter 45°60. 15 Kan G&E 414380 Karstadt 6s 43, nd 5%s 48 ww.. Kresge Found 65'36 Kreug & Toll 68'59.112 Laclede 5%s C'5. 2 Laclede 5%s D '60.. 1 Lake Shore 334s'97 4 Lautaro Nit 63 '54.. 10 Leh Valcv 4s 2003, 1 Lig & Myers 68 '51.. 3 Loew’s 63 ex w*41., 8 Long Isl rf 43’49 1 Lorillard 7s "44. . La & Atk 5360 Lou G & E158 5 L & N uni 4s *40 Lvons 6s '34. McKes & R 6% 550, 16 Man S 1st Ti4s '42., 2 Manh Ry 1st 45'90. Market St 7s'40. Marseille 63 34. ... Mex 4s astd 191045 Midvale Stl 63 '36. . Milan 6%s '52 Mil ERy & L 68’61 31 Mi) E1 Ry&Lt 5371 M StP&SSM cn 4s.. M StP&SSM 5s gtd. MSP&SSM 514878, MK & T 1st 43°30.. MK &T 43 B'62 MK & T adj 5s Mo Pac 58 F 17 Mo Pac 53 G T8 Mo Pac 55 H '$0. Mo Pac rf 5381, Mo Pac 5348 A '49.. 40 Mobile-Ohio 55 °38.. 11 Mont Pow 5843 Mont Tr 1st 5s41.. 1 Mor&Co 1st 4% 839 9 Nassau Elec 4551, 77 Nat Dalry 5% s"43. 41 Nat Steel 53 .19 Netherlands 6: % NEng T 1st68'52.. 4 1 NOT&MG5sB'54, 2 NOT&Mb5%s 54, 12 Nw S Wales 63 '57.. 27 Nw S Wales 5868, 2 NYCgn3%s'97,. 23 NY Cent4n9y. ... 2 N Y Centdb4s'34.. 5 N Y Cent 4%52013. 12 NYCrt4%4s2013. 6 NYCrfim5s2013 26 N Y Centdb6s’35.. 1 NYC LS cl 3%5'98. NYC&StL4s'37.. 3 NYC&StL 4%s'78. 45 NYC&StL5%8A'T4. 16 NYC&SL 6s°32...102 N Y Edisn 5s B'44.. 18 N Y Ed 1st 6%s'¢1., NY ELH&P 4549, NY NH&H 4s'56 NY NH&H db 4s'l NY NH&H 4343 67 NY NH&H clt 0 NY Tel4%s'39...., Nia Sh Md 6%5'50. 1 Nord 6%s '50.. Norf South 58 '61. . Nor & Wn cv 4396, No Am Co 63 '61 Nor Am Ed 55 C Nor Am E 633563, Nor O T & L 68 '47. Nor Pac 33 2047.... 25 Ner Pac 4597 2 Nor Pac r16s 2047, Nor St Pw 6s A "41. Nor St Pw 6s B "41. Norway 68 '63. Norway 5%s '65. Norway 6343 Oreg-Wash 43 °61.. Orfent dev 63 '53-.. Pac G&E 5342 Paramount 6s Paris-Ly M Paris-Ly M 7s'58.. Penn 45’48 sta. Penn 4%s D 81 Penncv 41560, Penn gn 415 '65... Penn 4%8°'70...... Penn 4%s 63 Penn Ga '64. Penn gen b3 Penn 63s '36. Penn O&D 43517, Penn P&L 4% 581, Peor & E 1st 4340, Pere Mar 433’80 Peru 65 '60. Peru 6561 Peru 7 '59. Phila Co b Phila Elec 4 Phil & Reac . Philllp Pet 5%8'39, Philippine R 45'37. Pillsb F M 65°43... PCC&St L 5s B'75. Poland 6s°40...... Poland 7s '47. Poland 85 '50. 2 1 2 5 5 7 3 1 17 2 1 6 2 2 1 . 1 5 Pos Tel & C 55’53 Prague 74s '52 Pressed St C bi Prussia 6s°52 Pure O11 534537, Queensiand 65 "47.., | Reaagn 4%3s A "97. Rhinelbe 7s '46. Rhine West 65°'53. . Rhine West 65 '55. . Rich Oil Cal 654 R Gr Do Sul 63 '¢8.. Rio Gr W 1st 4339 RIAr& L 4%s's4. Rome 6%s'52..... Roy D 4s'45 ww. = | StL IM R&G és'33.. Fla E Coast 5a’T4. Fram ID T%s"¢3.. French 7849 French 7% . Gelsenk’hen 6s5'34.. Gen Baking 5%s 40 Gen Motors 63 '37. . Gen P Sv5%s'39.. StL&SY 4%s'78.237 StL&SF pl16s B'50 20 StSWends'ss.... 11 StP&KC SL 4%#8'¢1 10 StPUnDep5s'T3.. & SanA&AP4s'43.. 1 Sao Pau 7840 ret 8 Sao Paulo 8s'36. Sao Paulo 88 '50. Saxon P W 6%48'51. 21 ANCIAL AUTO SALES BRISK ATNEW YORK SHOW 1932 Models Attract Buyers. Better Business in Prospect. 8pecial Dispatch to The Star. NEW YORK, January 14—Initial sales of new model 1932 automobiles, both at the New York Automobile Show this week and at dealers’ salesrooms throughout the country, have been so much larger than at any time since 1929 and so much greater than had been anticipated, that Detroit automobile company officials here for the show to- day foresaw the beginning of an up- ward trend in general business condi- tions. Predictions of increased sales by large automobile manufacturers were supported by a telegraphic survey com- pleted today by one of the largest motor car companies, as that company an- nounced that dispatches from its deal- ers in 45 key cities reported that show- room attendance and sales on the open- ing day had been far greater than for the past two years. In the first day’s showing dealers in the metropolitan New York zone re- ported 61,000 people in their show rooms and the sale of 125 cars. Metro- politan Boston had 50,000 visitors and sold 56 cars at retail; Washington, D. C., 4,000 people, with a sale of 14 cars, and 10 stores in Detroit had 48,000 people, with 41 orders taken and 28 actual de- liveries made to new customers. Cities reporting sales considerably in excess of a year ago, and in most in- stances of the past two years, are lo- cated in Michigan, North Dakota, Iowa, West Virginia, Alabama, Kansas, North Carolina, District of Columbia, Ohio, ‘Wisconsin, Massachusetts, Illinois, Flor- ida, Texas, California, Missouri, Colo= rado and Montana. This report covers 124 retail stores out of 978, where cars were on display and announced simultaneously with the New York show opening. Orders taken at these stores were reported as 559, with attendance totaling 190,000. A conservative estimate, based on these reports and supporting wires, indicates a total attendance of 950,000 people on opening day in the 978 sales rooms. A noteworthy feature of the sales re- ported to date are that practically all are for immediate delivery instead of for Spring dating, as has been the case for a large percentage in the past, DIVIDENDS DECLARED NEW YORK, January 14 (P).— Extra. Pe- Pay- Rate. riod. _able. or ... $1 Pe Sav Bl & Tr (Pitts). Hidrs. ot Rl 1250 .. Dec.24 Reduced American Suga Dom Brdg Li Ins Co Sta of Pa. Omitted. Pe- Company. Rate. riod. Due. 1st N Sec Ogden (Utah) A..25¢ rg Jan. Do B Jan. Halle Bre 4 Jan. Parke Austin & Lips pi. Jan. Deferred. Qil Shares Inc 33 pf.....S1.! Jan. Roval Topewriter ... = Jan Pay- Hldrs. of d._able Peb. 1 A, Tru Co (Syracuse)...75¢ Guardian Rity Can, Bank & Tr (Louisville. K)..17%¢ Lindsay (C W) & Co Ltd o MBSl axwell Corp pf..20c Do 6% pf... 15¢ Morris Plan By (Cleveland) 13 Mutu Tel (Hawaii) 8c N End Bk & Tr (Bridge- port. Conn).....$1.50 Pke Mach 1st Pub_Util m o, (Rome. N Y).. Type pf.. Secur Co (N Y) Segal Lock & Ho Blie oo o Simpsons Ltd 6'2% st (d Fire In :;:' G and Fire Tn By J)..T5¢ reign Sec 5150 Q B Victor Talk ‘Mach..31 Wash Mo Coach pf. .81 Sales. High. Shinyetsu$%s'52. 1 51 5 Sinclair Ol $%#’38 10 78 Sinc O Tscv A'37., Sou Bell T&T 63 '41 SW Bell T 5s A "54. Sou Pac col 43’49 Sou Pac 4%s '68... SouP 43569 ww. Sou Pac 4%s 81 Sou P&Or 4%s 17, 0 70 24 101% 100% 5 90% 90% Sweden 53 10 80% 80% Swisa5%s’¢ 5 102% 102% Talwan EP 5% w71 60 Tenn Cop 6s°44.... 1 63 Tenn E1 P 63 A 47, 95% Tex & Ark 5% 8'50 Texas Corp 6s "44. Tex&P 1st 58 2000 Tex & P 55 C'79 Tex & P 5s D '30 Tokio Kl Lt 6553 Ulst & D bsct’28. 4 U S Rub 1st 53 °47.. Un St W é%s A'4T.. UdSt W 6%sA'51.. Uruguay 6s°60. Uruguay 65 '64. Uruguay 8s'48.... Utah P& L 68 '44.. Util Pw 5559 ww. Utfl Pow 5% °47.. Vanadium St 5541, Vert Sug 1st 7 Vienna 6» 52. o Va Ry & Pw 55 '34. VaRy 1st 58 '63.... o ERwamnn - Sron mnSua ‘Walworth 65 A "45. ‘Warn Br Pic 6x'39., ‘Warner Sug 7s "¢1.. 45 1 Justice William Churchill was sum- Gen Th Eq 63 '40 Saxon 7s'45.. Charles G. Souder, William E. Hutchin- son,, Max Volberg, O. B. Zantzinger, G. P. Bickford, Charles L. Ervin, Dr H. B. McDonnell, Frank M Stephen and | cent rentes, 79 francs 5 centimes. Five Ernest F. Gasch: PARIS BOURSE PRICES. PARIS, January 14 ().—Three per per cent loan, 101 francs 75 centimes. ington ange on London, 87 francs 94 centimes. ‘The dollar was quoted at 26 irancs 52% oentimes, - Amer. Bec. & Tr. Co. (15). N v, & T (3h. imuned and performed a marriage cere- mony in the village hall's court room for Reeves and Miss Louise Murfee, 22, Elmhurst, who became acquainted in |y Davenport, Towa, while Reeves was a reporter on the Davenport Democrat. She was emploged in a book shop. there, U & 5.5, Bee 12 & Fov niversal Tr 88 v German 5%s 6 J 3 Ger Cen Bk 62’60 0 16 German 7arep *49.. 46 German Bank 78’50 4 Gep Gen R 1848, w3 Seab A L 4s si Seab A L cv 6545 Shell Un O11 Shetl Up.Of1 Wh Sew Mch 6s '40 Wil& Co 1st 65 '41. Wis Cent gen 45’36 < BO e 00N o e 0 00 50 10 1 85