Evening Star Newspaper, January 29, 1932, Page 14

A—14 %% AUTOMOBILE TRADE IN HOPEFUL MO0D Manufacturers See Prospect of Better Business Despite Recent Shrinkage. BY DAVID J. Writter WILKIE. ated Press. DETROIT, January 29.—Although the total registration of motor cars in the United States showed a shrink- a of more than half a million iring the last 12 months, the ad of arousing apprehension automobile manufacturers, is them cause for encouragement s, they were taken out of their owners er them, but they for the Assoc use eral million add but are being forced ounce of power and -ansportation. Soon must be dropped ation rolls and their ien will become imme- ects for e motor > scrap e up the ast mile of car Shrinkage In Registration. in the aggregate regis- vehicles, now number- ),000 units as against 26,501,- i of 1929, is cited by auto ex s proving very at @ antial backlog of r the industryis be- industry’s optimists ms into several mil- ken in connec- | normal replace- iy one year holds 1y satisfactory future 10tor cars the replacement ever, has been the basis for recment among optimists, and pessimists in the The optimists e the number of he present tume is 5,000,000 persons and g d The pessi- nd, assert that en- ndence is being of the backlog. ag that tually every car ced before the 19; is obsolete so far Mechanically, how- st year's cars and s before them may indefinitely parts at vol es of the dis- replacemen obsolescence part in releasing buving power of the industry Style Obsolescence. scence means is be- ed in the ex- tomobile shows. the zth ar has traveled in hows are ex- models” boast- well as single- » show floors the most cutives and istra- will , will top rooms upturn e of -new models was aroused in dort last had produc of “bantam” cars as models at Dagenham, England. to competition with the small, appointment circles by Ford Mot Ford organiza- | 1932 new medels at t Detroit show Desire for Competition. “The failure to bring out a new Ferd some 1. eight or four.” says the an_Manuf Rec has been a bit of a wet blanket . or its (the Ford company’s) com- petit continued dominance of Ford motor mind was never better n during this period waitin n his competi- tors have been wishing get something cut so that tion be of Mic the competi- IWashington Produce One-pound prints, 28; tub, Her current re- 14a16 ery, 16a Turkeys, old toms, 18a s and hens, 22al 3 pounds and over, 16al8; 2 18a20: broilers, 1'; to 20; hens, large, 16al7: .eghorn hens, 11; roost- ing, 45a50; old. ssed—Turkeys, old and hens, and over, 25; broilers, me, 12; medium, medium, 13al4; veal 13; pork loins, 13a14 10 pounds, 12; 18 to smoked hams, '16a17; 16al7; lard, 80-pound ze. 7; compounds, 6 light and_medium, pigs, 3.7524.00; calves, 4.00a9.00; medium. 19 kz He 3.75a4.00 3.00 50 wherries, pints, 10a12; apples, bushel baskets box stock, ; oranges, California, 3.00a pears. 3.50a Emper- lemons, s L kum- 10215: bananas, 1.50a3.00; pears, flats, 2.50a3.00; rhu- ise, 5 pounds, 1.25; honey- 2,50a3.00; plums, Chile, 450 tar quart Maine, 100- York, 1.15; Idaho bakers, 2.40; to- 250a3.00; squash, yellow, 3.50; peppe spinach, 75a1.00; car- boets, 2.00a2.35; cauli- peas, 6.00a6.50; broc- lettuce, Iceberg, 2.50; 50; cucumbers, 4.50a5.00 \s, per dozen bunches, 24 65a1.00; salsify, dozen 50a60; artichokes, 4.5025.00; al'50; cabbage, new, 2.25 , “sacks, 1.00; string beans, watercress, 1.00a1.25; egg- Potatoes sacks, 1.40; New s, 50a1.00 repacks 0a3.50 50 3.5024.00° 0022.50; Prince Tours in Splendor. nce Asfaou Wosan, the 15-year-old to the throne of Abyssinia, who is making official visits to Great Britain, Italy, France and Switzerland, is ac- companied by a retinue of nine, in- cluding two generals of the Ethiopian Army. Like his father, who was crown- { Emperior of Abyssinia amid scenes «of lavish pageantry, he has a liking for jeplendor and brings with him many magnificent bejeweled uniforms to wear ca official occasions. ~ ! Pacific Gas & El (2) were | more that should be sent | the merchan- | m- | 2 “models wore | as | turer and Financial | that. he would | FINANCIAL, NEW YORK STOCK EXCHANGE Received by Private Wire Direct te The Star Office. sales— Add 00. 5 S 108 508 108 15 25 15 Stock and Dividerd Rate Pacific Lighting (3). Pacific Mills. . Pacific Tel&Teleg (7) Pacific T & T pf (6).. Packard Motor (40c) Par-Pub (b10%stk). Park & Tilford...... Pathe Exchange. . Penick & Ford (1)... Penney (J C) (2.40). Penna Railroad (2).. as Chi (8). uette pr pt Petrol Corp of Am... Phelps Dodge Co Phila & Read C & T Phillips Petroleum. ., Plerce-Arrow 5 Pierce Oil Pierce Petroleum. ... Pillshury Flour (2).. Pirelli (A) (m3.13) Pitts Terminal Coal. Poor & Co (B). Port Ric Am Toh (A) Prairie Oil & Gas. .. Prairfe Pipe Line Pressed Steel C: | Proct & Gamb ( Producers & T Public Sve NJ ( Public Sve N Pub Sve GRE pf (5). Pullman Corp (3 Pure Oil pf (8) Purity Bakeries ( P Soa m SO TOP QoS- ot 10) fin 40) 55% 2715 60 ‘ 61 | 48 19% 10' | 2% 54 13 22% 54y 32!y LY 10% 42% 6915 9714 10815 30% 625 76 334 60 11 6 h 1% LR hoard Air 2 15 Seaboard Alr Line pf 208 5y Seaboard Oil 631 304 Sears Roeb 581, 27 Second Nat 18, Y Seneca O 18 3 137 29's 190 23% 11 | 15% 103 | Tio Corp idio Corp pf B fo-Keith-O (new) Sec 111 C ) ing 1st pf emington-Rand » Motor Car (40¢) . Republic Steel epublic Steel 1 evere Copper : Reynolds Met (112). 15 Revnolds ] ) Rhin W EI I’ (a1.06). % Richfield Oil 1% Rio Grande Oil 13 Royal Dutch of N tores (5).. s pf (6). trs pf (7) Joseph Lead an Franc St Louis So St Louis § hulte Reta 6l 3 30 thwn pf Stores (8) Servel Inc ttuck (F G) (1) Union Oil Hoop. . | 62 21 Southn Ca suthern Pac nd Ol of Cal nd Oil Exp pf ( nd Oil N J ( (Continued from Page 13.) High Low. Close. Chge. 981, 109 27% 21% 20% 111 17 THE EVENING STAR, \\'ASHINGTON. DL | o103 — Hich Low 45Y% 18% 33% — 1 1 3T - 8 % 98% —1% 109 A 915 4 3l 14 At 3314 37 8 98% 109 4% 874 31 1% 5% 26% % 8 4 9% £ 1% Tex 108% 1 3% 11% 49'% 36l 10 1 24 L3 62 11 Twin 5% 1 4% 12 26% 205 87 387 61% 413 it ¢ Tnit I nit ¢ L L I Stock and Dividend Rate. 26% Sun 011 (1)....... 2% Superior Steel Symington«A) . Telautograph (1.40). Tennessee Corp Texas Corp (2). . Y If Sulphur(3) acific Land Tr.. Third Avenue....... Tide Water Asso Oil. Tide Wat Oil pf (5).. Timken-Detroit Axle Timken Roller B(2). Tobacco Products Tobacco Prod A 19 Tobacco Products ct. Tob Prod A ct 1! Transamerica Corp. . Tri-Contl Corp. ...... Tri-Contl Corp pf (6) Truax Traer Coal.... Truscon Steel. .. Sales— Add 00. 13 1+19 EFE OEF FEEF 1 +1+ e F | nderwood nion Bag & Paper.. nion Carb n Oil of Calif(1.40) 'nion Pacific (10). nion Pacific pt (4). Tnit Aircraft. ... “nit Aireraft pf ( Tnit Biscuit (2). nit Carbon. gar Tnit Corp (75¢) Tnit Corp pf (3)..... "nit Electric Coal. .. ruit (3) Tnit Gas&Im(1 60). Im pf (5 & Korn Secur 160y \cohol Yipe & Fdry (2 Aty & Imp. Rubber. Rubbe e Smitg & Ref (1) Smtek Ref pf 315 teel (2) Steel pf nited nited $ niv 1 miv to tore fTob (3)., £ Tob pf(8) niv Pic 1st pf (8) e & Rad Ttil Pwr & Lt A (2) 2 “adsco 6% 11 7% Tes Corp. . nadium Corp. . 201 Vulean D'tinning Wabash R R Wabash R R (A) Waldorf Sys (11%) W W, worth Co Baking (B) Ward Baking pf (7) w w arn Bros Pict rren Bros res West Pa Pwr pf (7) Western Maryland n Union zhse A B( est hit hite s wi w W illys-Over ilson & Co (A) cc Instru. ok (4) wing Mach X Oil & Gas and Wilson & Co pf worth (2.40) 15% 46 Rl Yale & 3 Yellow Truck ring& W (1) nith Radio ynite Prod Corp (1) 1% Sales of Stocks on New York 10:30 AM.. 1:30 P.M. Dividend rates as given in the above tabl ed on the latest cusrterly or half-yearly declarations. Less than 100 _shares. payments b XEx-divicend. ock 2% in stock in ‘stock =P m Paid thi 12:00 Noon. 2:10 P.M. . 300,000 .1.100,000 : are the annusi TPartly ext: in stock & Pald last yew le in cash or 50c in_special pre ear—no resular k Plus it o Plus 5% in D Plus 2'a% in stoek 'FEDERAL RESERVE " CREDIT ITEM DROPS Decline of $25,000.000 Is Shown for Week Ending Jan- uary 7. By the Associated Press The daily average volume of Federal Reserve Bank credit outstanding dur- ing the week ended January 27. as re- ported by the Federal Reserve banks. was $1,813,000,000. This was a decline of $25,000,000 compared with the pre- ceding week and an increase of $822.- £00,000 compared with'the correspond- ing week in 1931 On January total Reserve Bank credit amounted to $1,798,000,000, a_de- cline of $9.000,000 for the week. This decrease corresponds with decreases of 524,000,000 in money in circulation £27,000,000 in member bank balances. It was offset in part creases of $24.000.000 in monetar stock and $9.000.000 in Treasu rency, adjusted, and an increa 000,000 in unexpended capital non-member deposits, etc. | Holdings of discounted bills increased | $13,000,000 at the Federal Reserve Bank of Philadelphia, $8,000.000 at Fran- cisco, $7.000,000 at New York and $19, 000,000 at_Federal Reserve banks. The system’s holdings of bills bought in open market declined $26,000.000 and of Treasury certificates and bills $18,- 000,000. Holdings of United States | Treasury notes increased $17,000,000. BUSINESS OF RIVERDALE BANK SOARS DURING 1931 25 Per Cent Increase Is Reported funds, to Directors and Officers at Dinner. Special Dispatch to The Star. RIVERDALE, Md, January 20— Gratification over the record of the Citizens’ Bank of Riverdale in increas- ing its business approximately 25 per cent during 1931, despite unfavorable economic conditions, was expressed by directors and others intercsted in the institution at the annual dinner for directors, officers and their wives, held last night at the Riverdaie Presbyterian Church. It was pointed out that the growth of the bank in every respect had been highly satisfactory and that it had de- clared its first dividend. President Speaks. Speakers included C. A. M. Wells, well, vice president; G. Shearman { James, cashier: William P. Magruder, chairman of the directorate, and Mr: R. A. Bennett, wife of Dr. Bennett, director Among cthers attending were Mr. and Mrs. Frank M. Stephen, Mr. and Mrs. James S. Heal, Mr. and Mrs Charles G. Souder, Mr. and Mrs. E. W. Reibetanz, Mr. and Mrs. William E Hutchinson, Mrs. William P. Magruder, Mrs. J. 8. Caldwell, Dr. Bennett, Mr. and Mrs. Max Vollberg, B. O. L. Wells, Mr. and Mrs. Charles L. Ervin, Caesa L. Aiello, Mr. and Mrs. Richard Breaden and Mr. ard Mrs. J. Burrows Waters William Stein, vice president, was toastmaster. He and Mr. Reibetanz, another vice president, were in charge of arrangements. Mission Group Serves. Mrs. M. E. Bullock was chairman of the committee of the Ladies’ Mission- ary Society of the Presbyterian Church, which prepared and served,the dinner. She was assisted by Mrs. Mary E. Deck- er, Mrs. Robert E. Bosher, Mrs. J. S. Caldwell, Mrs. William C. Myers, Mrs. Laura Gaither, Mrs. Mary C. Worley, | Miss Anna McCullock, Miss Annie president of the bank:; Dr. J. S. Cald- | WASHINGTON STOCK EXCHANGE QUOTATIONS AND DAY’'S SALES | SALES. | Washington Gas 6s | "$100 at 100%,, $100 at 100., $100 at | 1001, $100 at 100'z, $300 at 100}z, | s2007at 1001, Potomac _Electric Cons. 10074, $1.000 at 100}, Potomac Electric 512 % pfd.—10 at 104 AFTER CALL. Gas 6s “B"—$1,000 55—$1,000 at Washington at 1031, Bid and Asked Prices. BONDS. PUBLIC UTILITY. Bid Asked & Tel 4'a 104z Te! 2 50 80 Tel tia & Pot 3 Vernion ctf series B Rwy. & Elec. 45 MISCELLANEOUS Barber & Rocs. Inc.. 6 Chevy Chase Columbia Cou W. M. Cold Wash. orage 55 STOCKS. PUBLIC UTILITY. Tel. & Tel. (9) 1 Traction Co Gas Light Co. Steamboat ( Power 6 Power 512 & Elec. com. & EL pfd. (5) NATIONAL BANK. Min. price. Asked. 175 250 2 Sie 3750 a3p 183 200 i (18) pid pfd ec ec Rwy Rwy. Capital (14) .. Columbia (12)" " Commercial (stamped) (10) "B"—$100 at 100!, | Bank of Bethesda (6%) | Peoples Drug S .| Wdwd. & Lothrop com | wdwd' & Lothrop pfd 196 427 190 400 210 45 210 440 310 360 195 220 @ 165 Second (9e) 180 Washington (i2) TRUST COMPANY. & Tr. Co. (15) & Tr. (123) Prince Georges Bk. & Tr. Union Trust (8s) Wash. Loan & Trust (14) SAVINGS BANKS. 200 375 28 191 +400 Amer. Sec 310 Natl ) 53 325 20 435 280 . 530 50 Com. & Savings (10) East Washington (12) Potomac (10 Sec. Sav. & Com Seventh Street (12) United States (30) Wash. Mechanics (20} FIRE INSURANCE (12) o s (8) ion (15) 275 +150 20 14 American Corcoran Firem, 40 Natior. 15 TITLE INSURANCE. Columbia (6h 5 7 0% Real Estate (6h) 145 160 MISCELLANEOUS. Bid. Asked. 90 105 RS 26 Col. Medical Bldg. Corp. D. C Paper Mfg. pfd.. Dist. Natl._Sec. pfd Emer. Bromo-Selz Federal Storage pfd Fed.-Am. Co. com. Fed -Am. Co. pfd. (6) Lanston Monotype (6) Mer. Tr & Stge. com er. Tr. & Stge. pfd 6) . 5 7 (i0) zenthaler Linotype ' (6} atl. Mtge. & Inv pfd. (8) ores pfd Real Est. M. & G. pfd Security Storage (58) Ter. Ref & Wh. Corp. (3)... The Carvel Corb. (2)..... W Mech. Mtge. com. (6} Wash. Med. Bldg. Corp (7) (1.20) 5 extra 2% extra. extra. % extra. 5% extra. “Ex_dividend Rosebrcagh, Mrs. Edward Glading and Miss Charlotte Glading A distinct feature of the evening was | selections by the quartet of St. Jerome's Catholic Church, Hyattsville, compris- ing J. Burrows Waters, J. Burrows Waters, jr.; Charles L. Ervin and Caesar L. Aiello. C. & P. OF BALTIMORE NET FOR DECEMBER $259,993 Telephone operating revenues of the Chesapeake &_Potomac Telephone Co. |of Baltimore City in December 1amounwd to $1212,115, the report of operations just filed with the Maryland | Public Service Commission shows. Ex- | penses during this period were $952,122, | making net telephone revenues $259,- 993, i Telephone revenues for the 12 months were $14,327,115, as compared With $14,180,052 for the same period last | year. Expenses during the 12 months ending December, 1931, were $11,039,- 850, as compared with $11,198,224 for a similar period in 1930. This_makes net telephone revenues | of $3,287,265. This is equivalent to 6.91 per cent on the average value of the | company's_property as fixed by the Maryland Public' Service Commission as |'of December 31, 1924, plus additions. This value on December 31 was $48,- 309,723 Capital expenditures for new plant | and equipment in Maryland last year amounted to $4,212,036. Gross retire- ments during this period were $2,692,-| 595, making net additions $1,519.440. | Maryland was served by 221,309 tele- phones at the close of business Decem- | ber 31. During the year there had been |a n=t gain of 5,061 telephones in the State. Telephone users in Maryland made 28,782,000 calls in December. DULL TRADE IN JAPAN IS LAID TO POLITICS By the Associated Press. A report to the Commerce Depart- ment says it is generally expected that trade in Japan will be dull until after the general election the latter part of next month. Fluctuating exchange is causing con- cern to importers and exporters, but it | is rumored that the government is in- vestigating methods to bring about stabilization. Security prices have increased on the Stock Exchange and the market is now steady. Government steel prices have ad- vanced from 7 to 11 yen per ton. The Yokohama Specie Bank is ship- ping to the United States gold to the value of 10,000,000 yen and an addi- tional 26,000,000 yen is expected to be shipped later this month, although no license has been obtained as yet for the shipment. The cabinet requests that imperial ordinances be issued authorizing an appropriation for the Manchurian ex- pedition, continuation of the gold em- bargo and reduction in the amount allotted from revenue for the sinking fund for government bonds. CHICAGO DAIRY MARKET. CHICAGO, January 29 (#)—Butter— Receipts, 7,829 tubs; market weak; | creamery specials (93 score), 2112a22; extras (92 score), 21; extra firsts (90- 91 score), 20'%4a20'%; firsts (88-89 score), 1915a20; seconds (86-87 score), 1815a19; standards (90 score, cen- tralized carlots), 21. Eggs—Receipts, 7,405 cases; market ; extra firsts, 16; fresh graded current receipts, 14al4%. State constitution pro- hibits income and inheritance taxes. FRIDAY, ARY - 29, 1932 IBONDS ARE LOWER IN ACTIVE TRADING Losses of 2 to 4 Points Are Recorded Before List Becomes Steadier. 1 BY F. H. RICHARD! | Special Dispatch to The Star. NEW YORK, January 20.—The bond | market broke sharply today in heavy trading, with losses ranging from 2 to 4 | points spread throughcut the list, but showed signs of steadying around mid- day. ‘The market opened with a firm tone in spite of a lower opening in stocks, but this was merely momentary, as offerings increased almost immediately on reports of renewed fighting in Shanghal. Prices melted away in scme instances. The market was in the grip of nervousness over the Far Eastern | | crisis. Securities of all kinds were sold and speculators were quick to get rid of long holdings and take a short posi- tion. 1 ™In this situation the market ignored | entirely the hopeful reports emanating | from the rail wage conference at| Chicago. Japanese bonds were again the center of activity. Declines of a point between sales occurred in obliga- tions such as Oriental Development 51.s5 and 6s, Tokio 5'4s, Yokohama 6 and Taiwan 5'.s. Japanese Govern- ment 5155 and 6'.5 Were at one time without bids near the market and they | dropped more than 2 points to new | bear market lows Nor was the rest of the foreign list exempt. Belgium 6s were off more than 2 points. German Governme issues eased. British 5!5s lost narrc Prench Government bonds, Sweden 5 and most other ns were heav ‘The South American groun was less active. Argentine 65 lost a point. Brazil 6'.s eased. Australians were down about a point In the domestic list the biggest 10s: were in the rail group. Missouri-Paci fic 5 w off more than 4 points one time. Nickel Plate 6s were do 4 points and 7 points under Thursday's high. Wide breaks occurred in Erie 5s, Nickel Plate 4!.s, Missouri-Pacific 5s, St. Paul 5s, Frisco prior lien A 4s, Southern Pacific 4':5 and Alleghany Corporation_5s. High-grade bonds were only sligh | depressed. American Telephone 55 New York Telephone 4'.s and other telephone bonds which had been under pressure on Thursday confined their | losses to small fractions. United States Government bonds steadied after drop- ping most of Thursday's last-hour ad- vances. Meanwhile the new Car markot paused. New York Ediso 1ed Thursday, were admitted to tradi 1 the curb exchange and open 1,-point premium, but were their issue pric Similar s ings of Brooklyn Edison and Electric Light & Power are shortly. The past few days b |a surprising revival of the ne market. Over $40.000,000 of new have been succesgfully marketed market sessions against a sha $4,000,000 last week, excepting t York City loan of $100.000.000 Bonds, with a few exccpti firm at the opening Trad: fairly active. The declines were man list, where D: dropped below 60. Rumanian off a small amount. Japanese g ment issues were fraotionally lower, news of the Shanghai situation The Chicago Rail Wage Conference developments proved a steadying | ence in domestic bor Th { gains of a point or more i 6s, Erie 5s. Missouri-Pacific Northern 7s and Southern Railway 6 Prime Utilities were firm. Indus were litti> changed. United States Ge | ernment descriptions also were firm. INVESTMENT TRUSTS ! NEW YORK. January the-counter m expected | fefly wes Re on |a ABC | Amer & A | Amer & Gen Sec B | Amer & Gen Sec $3 bt Br & Con 6'-_pi BE & Oon sl Nat Ir Corp Iyl Corp A Al Corp B 5 “Trust & Gen Eauiti Chelsea Exc Aieo Chelsea Exchan y Gumulative_Tru | Corporate Trust | AA Corporate Trust Accum’ Ser CGorporate Trust Crum & Foster 7 & Foster 8¢ r. & Foster I Crum & Foster Ir 7 | Depos Bank Shares N Depos Bank Shares N Y A 33 Depos Ins Shares “A’ 3 Diversified Trust A . Diversified Tr B Diversified Tr C . Diversified Tr D Equity Invest stpd 2 Equity Trust Shre 270 | Five-Year Fixed Tr..... 3 i Fixed Trust Sh A : S Fixed Trust Sh B . Fund Tr Shrs A Fund Tr Shrs B . Granger Trade Gude Winmill Trad | ncorp Investors s i Incorp Invest Equif ) Independ Tr Shris . 1 5 Int Sec Corp Am A 1 Int Sec Corp Am B ........ Int Sec Am 67 pf Int Sec Am 'z pf Inv Tr N Y Coll “A Invest Trustee Sh ¢ Leaders of Indust A Leaaers of Indust B Leaders of Indust C ! Low Priced Shrs . 1 3| Major _Corp Shrs Mass Invest Tr Mutual Inv Tr A .00 2 Mutual Manage A | Nation Wide Sec ...l Natl Indust Shrs . NREl STrSENEAS st ety N Y Bk Tr_Shrs . R Y Nor Am Tr_Shares Sy Nor “Am Tr Sh 19857711111 0 Nor Am Tr Sh 1956 0 0 Northern Secur Oil Shares' units old Col Inv Tr Old Col Tr Assoc Petrol Trad A Public Serv Tr Repres Tr Shrs Second Int Sec A Second Int Sec B Sec Int Sec 6 lst pf Secur Corp Gen 36 pf Selected Am Sh Selected Cumulative Sh Selected Income Sh Selected Manage Trust . Shawmut,_Bank Spencer Trask Fund Stand All Am Tr Stand Am Tr_Shrs .....0 Stand Collat Trust ... State Street Invest . Super of Am Tr A Super of Am Tr'B'. Super of Am Tr C Super of Am Tr D Trust Shrs of Am Trustee Stand Inv C Trustee Stand Inv D Trustee St Oil A 4 Trustee St Oil Shrs B . Trusteed N Y C Bank Trusteed Am Bk Sh Tr Am Bk A Twentieth Cent FiXed Tr Two Year Trust Sh United Fixed Shrs Unit Fdrs 1-70 com United Ins Shrs United Bank Tr ... U § & Brit Int Ltd A U S & Brit Int $3 pf U S Elec Lt & Pow U 8 Elec Lt & Pow Universal Tr Sh .. | | | 1 13 ot 84 5 18 T “B Mannequin Becomes Star. Yetta, an English girl employed as a mannequin in Paris, was chosen as the most beautiful woman capable of sing ing in an English opera production.| She was given thegole of the famous beauty in the flenbach _ operetta “Helen,” and was enthusiastically re- ceived when she made her first appear- ance recently at a performance in Man- chester. | Australia 5 | Cent 111 G&E FINANCIAL Received by Private Wire Direct te The Star Office UNITED STATES. (Sall Sales. Lib 3148 32-47, 99 List 4%s32-47 16 L 4th 43z 33-38336 US3s1951-6.. 81 US3is49. 51 US3%sM4 8 US3%sJ40-3. 8 US3%s43-47. 26 S3%s46-56. 27 S4s44-54... 106 U U US4%s47-62., 23 Sales. Abitibl P&P 5553, Ab & St 53 '43 Alleghany Cp Allegheny 6 Allegheny 68 ‘60 Allis-Chalm 5s '37. | Am Chain ¢s'33. Am F P 552030, Am Intl5%s5'49 Am 1GChbis" Am Metal 638 °34.. Am S&R 18t 58 °47. Am Sug Ref 6s'37. Am TET cv 4%s'39 AmT & T 5566 Am T&T c tr 65 '46. Am T&T 638 f'60. Am T&T 615 43.. Am W Wks 68 ‘34 Am Wat Wks 6576 Argentine 5345 Aryentine 5%s '62. Argentine 6s Ju's9. Argentine 63 Oc'59. Argentine 6s A '67. Argentine 6s B '58. Arm & Co 44839 Arm Del 535 '43. Atchls 45 1905, Atchison gn 48 ‘95 | Atchiscv 43848 Atch Ariz 4} AUC Lst AtCLecl4 | At Gulf 58°59. . Atl Ref db 53 37. Australia 4148 '56 5325 Australia 53'57... Austria 7s"43..... Austria 78 ‘67 ctfs B&O 4483 R&Ocvi% B&OIstbs'4s.. B&Orf5n’ss P &0 53 D 2000 B&O6s'95. WV B & O Toledo 4 B &OSwdv5s's0, Ban & Aroos 4351, Ek of Chile 6348 57 Bk Chile 6% Batav Pat Belgium 63 '35 Beiglum 6% Belgium 78 56 Belgium 78 ‘56 . 135 in $1.000 High 94 13 98 2y 85 14 86 13 91 8 91 89 91 96 100 26 24 12 12 12 3 42 % 46 13 1 12 33 a8 14 16 95 3 102 10 102 96% 29 9815 61 984 22 101% 1 89 761 5i% 481 53% Bell Tel Pa 6 B 43 1 Bell Tell Pa 53 Berlin Cy El Ber] Beth Beth Stl rf Holivia 83 47 Bordeaux 6134 Bost & Me 4%, 5 61, l0s & s 55 Bos &Me 55 Brazil 6138 | Brazil 8s 41, Bremen 7s '3 Bk Ed gn A 6849 Bklyn Elev 6143 Bklyn Man 63 Budapest ¢s ‘62 Calif Packing 5s *4¢ Canada 4s ‘60 Canada 43836, Canada és 52. ... Can Nat Ry 4 34#'56 Can Nat 4348 '67. Can Nat 4%s ‘68 Can Nat 4%s 5 Can Nat 58 July's: Can Nat 55 °70. .. n Nor 65 db 4§ Can Nor 7s db '40. ‘an Pacdb4s..... "ar Clin & O 6s ‘52, 55'51. Cent Pac 4s 49, “ent Pac 58 '60. ... -td db 538 '48. es Corp 5547 C&O04%sB'95 C B&Q 1s CR&Q I1dv 314849 QIlldy 4 & Est 111 Ind&L gn M&StP4s's NW gn 4s {RI&Prf4s” ChiR1&P 4% ChiR1cv4%s 60, Chi T H inc 6560, Chi Un Sta 6%s '63 C&WlIndend 063 Ry Chile 65 '61 Chile 65 '63 Chile 73 '42 2 Chile Cop db b3 '47. &St L 4%s E'T7 ne 6148 50 63'61 Oct. . Colon Ofl 63 '38. Colo & Sou 4%s '80 "ol G& May'52 Col G&E cou 53 "61. Com Inves 5%s 49, ConG NY 4%s8°5 ConG N ¥ 534845, Con Pwr Jap 6%s Con Pow Japan 7s. Consum Pow 55 '52 2 RR 1t 7%s '36 Del & Hud rf 4s 34. Denmark 4% ‘63 Denmark 5%s ' Denmark 65 '42 Del Pwr&L 414871 D&RG W bs55.. DRG& W 5s78.. Det E G&R4%5'61. Det Edison rf 5549 Deutsche Bk 6532, Dodge Br cl 68 °40. Duauesne 4%s '67. Dutch East I Nov., | Erie 1st con 48°96.. | Erte cen 4s Erie cv 58 '67. Eria 5376 Erie & Jer 68 '55. Fiat 7s war Finland 5% Finland 6345 Finland§%s ‘6 F£isk Rub 88 '41. Fla E Coast 5874, Fram I D T%s'42. French 7549 S French %8s Gelsenk’hen §5'3 Gen Baking 5%s ‘40 Gen Gable 5145 '47. Gen Motors 6s°37.. | Gen St Cas 5%s'49. Gen Th Eq 6340 German 5%3 '6 German Bk 63'38. . Ger Cen Bk 6380 J Ger Cen Bk 63 '60 O Ge*man Ts rep ‘49. German Bank 7s ‘50 Ger Gen El 78"45. . Goodrich cv 63 45. Good 15t 6%s '47.. Goodyr Rub 58'57. . GrandTr sf db 6s'36 Grand Trunk 78'40. Grt Nor 4%3'76 D. | Grt Nor 4148 717 E. Grt Nor 58 "73..... Grt Nor gn 5%s'52 Grt Nor gn 78 '36... Greek 6s'63. Hud & M adj 63 '57. Hud & M rf 5857, 1o e T 71 57 455 441y 9219 o momnen NORe efhasBannna 801 461 451 46 234 5% 14 881 18 110 12 111% Yo RSl hwanSB RS ancanan o T ) Low. 94 10 97 30 99 1 8418 55 20 90 23 90 30 89 14 91 20 965 100 8 High. Low. 2:56. 9413 98 2 996 85 10 8612 914 91 89 26 91 20 9611 1009 2:55. 3615 Humble O 538 ‘32 Hungary T%s ¢4 111 Bell Tell 58°56.. | 11 Cent 4552 11) Cert 4» '5. Il Cent :f 4 111 Cent 4% 111 Cent 6145 '3 11l CCStL&N 63 A 11 Steel 43%8°40. .. Inland St 4%s A'T8 Inland St 4% s B'S1 Int Rap Tr 58" Int Rap Tr ata Int Rap Tr 6s 32.. Int Rap Tr 78 32. Int Cement 6 '48 Int & Gr Nor 6862, Int& G Nad6s'52. Int Hydro El 63 44 Int M Co §s ret'¢1 Int Match 6847 Int Pap 58 A '47... Int Pap 6s 5| Mt T&T4% nt T&T cv 4 Int T & T 58 '55. Italy 7s 51 Italy Pub ST Japanese 6343 65. . Japanese 6% s ‘54 Jugosl Bnk 73 '57.. Kan C F1S&M 4 Kan City Ter 4860, Karstadt 63°43. . Kreug & Toll 58'59. Laclede 5%s D '60. Lake Shore 3%s ‘97 Lautaro Nit 68 ‘54. Lig & Myers T9'44.. Loew's 65 ex w '41. Long Isl rf 45749, Long Isl db 55 '3’ Lorillard 68 '61. La & Ark 53°60. Lou Fl 535 L & N uni 45 °40 L & N 53 B 2003 McKes & R 5% %50, Manh Ry 1st 45'90. Market St 7s 40 Marsellle 63 Midvals Stl 55 ‘36 Milan 6%s ‘52 MIIE Ry & L 68 '61 Mi) E! Ry&Lt bs ‘71 MS M MK&T4sF MK&T 414 MK & T adjbs'e7. MK&T prIn 53A'62 Mo Pac gn 43 ‘T6. Mo Pac 53 A '65. Mo Pac 53 F " Mo Pac 58 G Mo Pac 55 H '80 Mo Pac rf 53 ‘81 Mo Pac 5% 8 A 49, Mobile-Ohio 55 ‘38 Mont Pow 53 '43. Montevideo 6s ‘59 Mor&Co 15t 4 % 8'39 Nassau Elec 45 '51. Nat Dairy 51 s ‘48, Nat Rad 614547, Nart Steel 55 '56. Netherlands 6s '72. INEng T 1st58°52. NOT&M5s B 54. NOT&M5%s's Nw S Wales 68 '67 Wales 58’58 N Y Cent 41452013 NYCrf4lgs N Y Crfim5s2013 N Y Cent db 6s '35. NYC&St L 4s" NYC&StL 18t 63841, NY ELH&P 58 '48. NY NH&H 414867 NY NH&H clt 65 "4 { NYNHA&H cd 6548, |NY 0&W 1st 4n92. NY Tel 4%s39. . S [NY W&RB 4148 46. . 111 37 90% 44 9914 5% 61 314 36% 40 38 3614 58 43 46% 3915 6874 731y 90% 947 69 6614 3 81% 94 36 581 il | N12 Sh Md 514 '50. Nord 614='50. Nor No Am Co 68 '61. .. Nor Am Ed 5s C '89 | Nor Am E 514863, iNorOT &L 6347, Nor Pac 33 2047 l.\'(‘r Pac4s'97... | Nor Pac 4345 2047. | Nor Pac r16s2047. | Nor St Pw £s A "41. | Norway 514865 | Norway 6a 44 | Oreg-wash 4s61. | Orient dev 515558, Orient dev 65 '53... Pac G&E 5342, 5337, | Pac T&T rt 5s'52.. mount 63 '47. . | Penn 4 . | Penn &n 445 '65 Penn 4% 870, Penn s '64 | Penn gen b . Penn 6145 36. | Penn PAL 4345 FPenn O&D 438" Peoples’ Gas 58 47, Peru 6s'60 Peru 6s'61... Phila Co bs 67 . Phila Elec 48 '11. Pl & Read 6549, Philippine R 48'37. Phillip Pet 5% 819 PEC L5S A'T0 P& W V434aC60. Poland 75 '47. Poland 8550, Port Gn El 414560, Por RAm T s '42. Pos Tel & C58'583... Prussia 6552 PubSv G 4%s'67 Pub Sv G 4%s°70. . Queenstana (e Queensland 7 "d1.. Rem Arms 65 A '37 Rem R5%S A 47.. Rnine W ‘52, | Rhine West ¢s ‘53 Rhine Waest 65 ‘55 Rich Of] Cal 65 44. Rio de Jan 634553, R Gr Do Sul 63 '68. Rio Gr W clt 4549, RIAr& L 4%4s 34, Rome 6343 '52..... StL IM R&G 48'33. St L&SF In 45 A ‘50 StL&SF 4%s'T8. StL&SF p 1 58 B '50 StS Wen4s'32. StLS W 5s'52. StP&KC SL 4%5'41 StP Un Dep 5312 Sao Pau 7840 ret. . Sao Paulo 8536 Sao Paulo 85 '50. ... xon P W 6%851. Saxon 7s '45. Seab A Liev Serbs-Cr-S1 7 Serbs-Cr-Sl 83 Shell Un Ofl 53 "47. Shell Un O11 63 49. Shinyetsu 6% '52. Sinclair Of1 6%s'38 Sinc O 7T cv A Sinc Cr O 5%s'38.. Sinc PL 6842, ... Skelly Ol 5%s '39. Soissons 63 3. ... Solvay Am 63 '42.. | Sou Bell T&T 65 ‘41 | SW Bell T 53 A '54. Sou Pac col 43°49.. Sou Pac ref 4s ‘55 Sou Pac 4%3 68 Sou P 4%8'69 ww. Sou Pac 433881 Sou P&Or 4%s 77, Sou Ry gn 4s ‘56 Sou Ry 58'34. Sou Ry 6s'56... Sou Ry 6%s '66. Sou Ry M&O 4s'38. StOIINJ58'46... StOIIN Y 438 '51. Sweden 5%s ‘54 Swiss 5%8 46, Talwan E P 6%#71 Tenn EI P 6s A 47, Ter As St L 45 '53 Ter As St L 5544 Tex & Ark 538’50, Texas Corp 55 '44. . Tex & Pac 58 B '77. Tex & P 55 D '80. Thigd Av rf 48 '§0.. % | ON NEW YORK BONDS STOCK EXCHANGE Sales. High. Low 2:55 17 1 12 18 14 32 35 8 1 1 1 D O e B = P N S S ) 9 » © o 100% 107 1021 8815 89 100% 50 9612 54ty 48 49% 43 20 47% 96 78 80 45 48 241y 69% 69 50 20 517 59 57t 48 304 45 50 461 8% 653 68% 79 33 [£3 S4 22 58 701 75 12 116% 49 98 106 100 71 9615 6914 78 67 67 6415 T6% 50% 82 60% 641y 43 100 100 89% 89% 85% 85 1025 4023 61 96% T3% 90 72 76 63 674 T 60 96 1% 90 72 74 6614 674 100% 51 97w 5% 45 50 44 80 47% 96 78 80 48 48 3414 691 69 6974 69 34 84 22 58 7014 12 81y 5 7% 2 2 8174 691 823, 9013 99% 814 50t 90 51 53 535 601 395 30 31 9 378 6% 14 108 9 48 6314 80 30% 2215 364 80 46 54% 94 60 4614 23 28 30% 54 35 40 70% 704 5312 79 831y 951y 928 4415 99'¢ 877 98 97 691 78 67 67% 65 78% 50% 83 60% 6415 43 100% 897 853 DAVIS CONDENNS HIGH APPRAISALS [D. C. Insurance Head Urges Changes in Methods to Protect Public. | In an address hefore the Insurance | Club of Washington at the Hay-Adams House, Herbert L. Davis, superintendent of insurance for the District of Co- lumbia, discussed “Undesirable Under- | writing Phases,” pointing ~ut serfous |faults in the present situation which he declared call for immediate atten- tion. Mr. Davis said, in part “It is evident that with some insur- | ance companies, unwarranted, excessive appraisals and erroneous valuations are connected with investment vhich developed to such large during the height of our re| nsible prac- | tices should be eradicated, by appropri- ate legislation if needful, after which it will be reasonable to believe, and it will ‘bE wise to believe that the year 1932 will be, in every way, better and more prosperous that the year 1931 Appraisal Methods Scored. “The tide has turned and prosperity has its hand oustretched and ready to knock at the door, and will surely enter if we but heed the signal, instead of o coward]; » 1 | prosperit us_fully | evil, whi during ned perous yes terrific burden opulent and has pecific conditic made by e largest oved real ally pay Thus, it effective aint executives of passing upon t that ers on tate. Policyholders these he is urgent work be don insurance comp: mortgage loans o |a vast d nce n specifica- nicusly ard usage have been to ractors. dividual btain naming firms igned but Loani; tually built structures of similar g office e in this manner ddy and cheap creating short- l loans. As a ave had to foreclose back buildings requir- costly upkeep. promoting shoddy found it necessary lower the loaning Sees Protection Increasing. “The dov d in the securi- i K affected the \surance compa- adequately pro- of subsisting framed stat- interdicting audulent se- ictions, and it k of adequately 1 result in the te channels of mil- flowing onable \ . the unwary learn what a ‘first and tgage’ signifies, after a ure is already top-heavy with sec- |ond, third and subsequent mortgages. | There is a better and brighter day in the offing. so do not let yesterday’s mis- takes unduly intrude upon our minds, | obstruct vision and trip us up to- | day,” § Davis concludt im now of among 0! RAILWAY EARNI]EGS. NEW YORK ary 29 (#)-De- cember net railvay operating income of roads repo today_included &R 1931 1930. 1523,666 Only Two at Arms Parley. or had what he believed dea when he thought of disarmament conference; N jef official of a erefore J. G the English city formal inv to local business men. Only one came, Canon L. S. Hunter Archdeacon of Northum- berland. After a brief talk the lord | mayor adjourned the conference in- definitely. | POTATO MARKET. | curcaco, sanuary 29 (@.—(United States Department of Agriculture)— Potatoes—Receipts. 48 cars; on_track, 231 cars: total United States shipments, 684 cars: weak, trading slow: sacked per cwt.. Wisconsin round whites, No. 1, 75a80; unclassified around 70; Nebraska Triumphs, few sales, 1.05a1.10: Idaho Russets, 140a1.50; commercials, 1.10a 115 Joins Farm Loan Group. HYATTSVILLE, Md. January 29 (Special) —Daniel Rice has been elect- ed an additional director of the Prince | Georges County National Farm Loan | Association | Sales. Hich. Low 2:58 | Third Av1st5s'37. 2 6, 865 864 Third Av adj 6= 60 36 35 Toho EI Pw 65°32. 115 951s 981 | Toho El Pw 78 '55. 63 60 Tokio 5852, ... 381 384 | Tokio 535 ‘61 65 { Tokto EI Lt 63 '53 56 Un Pac 1st 4s'47.. 88% Un Pac 43 '68. .. 30 | Un Pac rt 45 2003 7815 | Un Pac 414867, Unit Dre cv 63 '53. Utd King 5%8'37.. U'S Rub 1st 58 '47. |UnSt W 648 A'4T, | UdSt W 6%sA'51 Uruguay 6360 | Uruguay 8s 48 | Utah P & L 65 '44. Util Pw 53’59 ww. Util Pow 5%s '47. Vanadium St 58°41. 23 Vienna 62 52.... Va Ry 1st §s Wabash 4%s ‘T8, Wabash 1st 5839, Wabash 2d §s'39. Wabash 53 D '30... Wabash 53%s ‘75. .. Walworth 63 A '45. Warn Br Pic 6839, Warn Quin 6s'39 Warsaw s ‘58 Wst Sh 1st 48 2341. West El db 55 44. West Md 4s '52. West Md 5%4s 77 West Pac 53 '46 West Union 58 '51. West Union 5s '60. Un 63836, . Wh Sew Mch 6s '40 Wil & Co 18t 6341, Yokohama 68 °61... Ygstn S&T 68 A'T8. Tgsto S&T 6s B'70. > mabroeasaboanBeancen e <3 2