Evening Star Newspaper, February 3, 1932, Page 14

A—14 *¥¥ FINANCIAL. THE EVENING STAR, WASHINGTON, D. (., \\'E])XESD:\Y. FEBRUARY 3, 1932. NANCIAL. | 'S_HKNGHA TRADING 1| NEW YORK STOCK EXCHANGE | BONDS FLUCTUATE |[Coxmes vor” BONDS srous recnnee ] PRIGE TURN SEER 1 Received by Private Wire Direct te The Star Office. Received by Private Wire Direct to The Star Office —-1931— Stock and Sales— Net. | 12 3 UnitElectric Coal. % Lib3%s32-47. 29 94 10 946 9410 (nt Hydro Kl 6a'44 16 gt A e AAt oo Min Low i Rose O | 1 0TI 173 DRiEEruili(2) List4%932-47122 98 9724 9726 Int M Cossrctdl.. 6 ‘o 0 Amant ] 291 8% Shattuck (FG) (1).. 9 B84 | 34 1% UnitGaseIm(iZ0).. Enkion 11 Biskar: bt L 4th 4%z 3338557 9912 99 991 | Int Match 68°47... 35 5 .| 10% 2 ShenUnfonoil...... 12 3% 34 3K + % Unit Gas&Im pf(5) .. 5 87 | 8528 852° 515|(nt PapbsA4l... 2 i iCommerce Department In-j ;8¢ B Sie Crien oils 245 2820 - | 12 US & Forn Secur.. .. 2% 2% 2 oreign List Is Higher, bu "43.01.428 %631 8610 86 13| int Pap 68 56 [ Midwest Hopeful That Up- . 23% 6% Simmons Co........ BT T ndus Alcohol . ; 9122 9117 9121|IntT&T %853, 11 ; : formed of Extent of Boy- 16% 41 Sinclair Consol Ofl. . B% b4 b4 10% 1% US Leather........ Domestic Issues Have T i b e e ward Trend Will Soon 1274 Skelly Oil. ........ 2% - 8T US Pipe & Fdry () 9016 9014 9015|Int T & T 6r'5h.... 15 62 Skelly Ofl pf ww. . .- W 1404 4% + % 7S Pipe&Fy 15t 1.20 923 92 92 |IrishF G5 cott Effects. 39 Sloss-Sheft Steel pf.. 9558 13% 13% 13% — 36% 5l US Realty & Imp. ... Irregular Trend. o o il e e 4 Be Marked. - 96 12 1 12 Snider Packing. LY By 20% 3 U S Rubber. ... K .s 100 11 1006 1009 Italy Pub S 7 s Tl Socony-Vacuum (1). 7 Ty n : ! 9: gh 2». - | 36w U S Rubber 1st pf. . 0 Bales High Low 2:55 | Japanese 5% 14 The Gommerce Department today was South Port Rico Sug. 7 25% 5 : BY F. H. RICHARDSON. . 8 ATy 37 : ; VEN ¢ exporters to China Southn Cal Ed (2). Abittbi P&P 68’53, 10 35 27 Japanese 6% '54..132 BY OWEN L. SCOTT. 315t ). 1524 : 39 | | b S, Pa o Py 9 o . - Special Dispatch to The Star. yAlleghany Cp 68’44 8 38'; 38 8 Jugosl Bnk 7s '57. Special Di: trading at Shanghai was at a Southern Pacific (4). 2% 31% 32 150 eel pf (7) ¥ 2 ; . % pecial Dispatch to The Star. ndstill 6 outhern Railway. .. 2 NEW YORK, February 3.—While for- | Allegheny 58 743... 5 331, 335 331 | KanC FtS&M 45°36 ) CHICAGO, February 3.—Signs ac- 10% 10% 10% United Stores (A). 4 F ; This information was based on cabled o Ry M & O ctfs (4) 25 24 244 + % United Stores pf (1). 3 48 «| eign bonds ranged generally higher to- | AlleEheny 8 '80... 24 28 27y, e s 2 e SO e e advices received by the Department palding (A G) (1).. Bl UnivBionstpt (8) %| day, the domestic list was irregular,| s URAGE 40 Kan City Ter 4360, culture has touched rock bottom and this morning from Commercial Attache Spald(AG)1st pf(7), BUIAr. AmIGChE%s'49. 10 685 68 Kresge Found 65'36 now verges on an upward turn. The Julean Arnold at Shanghai. 2 Sparks-Withington. 89 89 31 T% Util Pwr & Lt A ( Y Vi 3 v 2% au ST o | Trading was not heavy in any depart- :::Ia".‘[l.fil?u “fi Z 2_‘; g? 9 | Kreug & Toll 63'69. 5 evidence leads former Gov. Frank. O. T his cable Arnold cited a new addi- bicer MIE. ... 6 6 | i | ment. A e Nl . Lowden to declare that when recovery tion to the boycott against Japanese and Brands)(1 S T1% 204 V 2 The market opened firm. Wall Street | Am Sug Ref 63°37. 1 10113 10113 1011, | l«¢h Valcv 432008, 6 58y comes {rom the present Jow ecanotnic g tion) Settlement have closed in:pro- 36 36 114 p & 5 5 of efforts to settle the Sino-Japanese| 4™ T&TES'$S, o 39 904 96 86 | [Ch 1) ab5sar. _Grain prices, although approximately test of Japanese military activities e e " conflict. Japanese bonds ran up sharp- | Am TAT sa s f 60, 36 96, 96 o6, | l-orillard 5851, 25 per cent sbove the world level, re- 2615 276 81k Warnae Bros e e85, 3 ly for a time, although later reports of | Am TAT 6% 8'43... 31 1011z 101% 101 | 12 & ATk Be60.... . nlés\rv.l;’rvben:;gxfix}({& dnd e e 21 21 3% Warren Bros....... a | fresh fighting at Shanghai served to :: 3 "‘:“‘f_ :‘,_;" R 810 ST AN olida 40 .. 6 . | back from a major advance by heavy 10% 11 97 124 Warren Bros cv i 2 3% | cause a partial reaction. Japanese gov- | am \vr Pap 68 47, 2 22 (&N 15t 5% 2003, marketing of ~Southern Hemisphere 1% 11% 13% Warren Fdy & I’ 1.2 + SEsnna A614s held ta Al ol o & Lyons 63 '34...... wheat. But the bottcm seems to be 95 95 493 West PaELpf (6)... il DAITOW | 5 rgentine 58 °45. .. 6014 e around 55 cents for the May deliwel 110 | 55 West Pa Elpf (1) 3 advances. Tokio Electric 65 were 2| Arpentine 5%s '62. 4814 At 15‘5_,‘350' 5 2 of wheat, 38 cents for corn and i ggb West Pa Pwr pt (6). A - %{points higher. Taiwan 5is gained 3|Argentine May ‘1. 52 Mo tauTe et : cents for oats, with the tendency 2314 e West EmEwnpe (0. (02 1']’?; points and other Japanese obligations | ATEentine R s Mirgelilolte 525, 1 range higher. PETA e (L) r acted similarly. ) sEengneinOcies; L% Mex 45 astd 191046 Livestock Prices. . i ' yland. % The British gover: "t 59 5 4% 76 L 381 Western Union (6) 735 £ Suiten uismnts SIORL Of | e Do kaes 2% 62 Midvale Stl b3 36.. i 85 85 3sBpmestern Unign(e) s the policy of cancellation or repara- | Arm %8 s 62in Miles eie 5a %1 Livestock values have been badly hit 10 10 s el L i tions, as given in Chancellor Chamber- | Atchison gn s '95.. o MK &T Ist 4590, of late, but now G. F. Swift, head of 20 - S e S e e v e lain's speech, proved bullish for Ger- |AlChiscv 43 4s.. 92 MK&T4sB'62... Swift & Co., largest packers, expresses 1915 — S 5 man and other European bonds. Ger- [AUICT 1stts®3... as MK&T 4%s 78 2 the opinion that “the general prica i T IO 24 man Government 5'55 and Dawes Rep- | At Ref“db‘i 3 90 MEKS Tacisoter | level shows signs of having reached & 4 s dlya-Openiand.. _— arations 7s were both higher. Great | Australia 44s756. . i 4 K&T prIn 53A'63 I fair degree of stability.” 15% Worthington Pump. . 195 Britain 5'.s moved upward with ster- | {uairalia Hedren 1% BU% Mo rackn 4s'T5... 23 3 7 | The top of the hog market stays i AL R S ling exchange. French 7s. Belgian 6s, | AusiTall] B3, 2o a0%| Mo Pac5a A ‘6. 5 58 |abcve $4 a hundredweight, that of cat- 4 ki Italy 7s, Swiss 514s, Sweden 5z5 and | Avatria s 0% 895 8N | o nal Pl 5 * | tle above $10 for prime steers and best T ellow Truck Ausiran 7s all improved. Austria 78 '67 ctf 5% 45 45 | \qpaes " 39 86 f # | lambs keep their heads cbove 56 & hun- 1ith Rad % The most spectacular incident in |[B& O 4s’'43.. 2 81 R1% | Mo Mae 5« H R0 g B5! { dredweight. Tt is m the same story 193 ld goods in Zonite P'rod Corp (1) the foreign department was an advance | B & O 4%8°33 811 | Mo Pac rf §s '81. i | with dairy preducts, and butter during n 1930 sold g 72 Ty Union Carb (2.60) Gl 0i 5 to 7 points in New South Wales 55 |B& O cv 43%s'60.. 31 53 B202| Vo PacBlis A 4. . | January held at about the same level valued at $83,000000. From | 2. 27 Unioh Carb R0 e aaalesiof Stocksgon DewiNork and a general rise of 1 to 3 points in | B&O 1sth 2 1% 914 | Mobila-Ohin 5a '35, 24" 24 |as a year ago, in spite of larger pro= way 40 China's principal trade [ o628 70, 1 ion Pacific (10). .. 4 5 180 M S00i000] 200 B a00:00% | all other Australian obligations. Prime 64 Pdbbs A ‘62, 77% | duction the Yangtze River. she drew { “pg.0 D e BOSE: 500, 2: M. 25 X | Tank Ca 1 ‘ex a5 given in the above tabie B& B& Minister Lyons stated that interest due , B & 3 62 | Mont Pow 5s°43... 2 % 901 | As an indication that defiation has )00,000. Both figures include the [ gg:0 “gio (rnit Aircraft payments based on the latest quarterly or half-vearly declarations. | in New York and London will be met. (B & B & 2 a s (BT IO SO P 1o- STOP N 10il Spread of Boycott. and Oil : The boyeott, which started in South Sterling Secur ev pf . China in 1928 a ually worked its 97, Stone & Webster (1) hanghai, is one of the principal | 26 Studebaker Co(1.20). cited by Japan_for landing udebaker pf (7). n Shanghai last Friday. Until Superheater Corp (1) Irvasion started the boycott Was | gew g7 Texas Corp (2)...... nfined to oustide of the International R Bettlement . Tex Pacific Land Tr. 7 merchants are understood 31 Thatcher Mfg Co 10 be worried as to conditions at Shang- The Fair pf (7). which during the past two years eyt 5 was considered by them as the brightest Tide Water A8 p£(6). 1e Far Eastern map because of Timken Roller B(2). rial and building hoom. Tobaces Trinaticte nts reasons back of Tobacco Products ct. Japanese invasion of Shanghai and Tola o P oaiATtotG ern of and other D et shown in international| g T ahga ) iz a CORD compiled by Government| 11% 2 Tri-ContlCorp...... B 62 11'3 Tw City RT pf(7) 3ritain, with 9,331 nationals mm 2 o o 8 ABeERnnanEerann arnele o PR o aa BB~ 9 7614 | Mont Tr 1st 55 '41.. 3 79 79 |been thorough in rural districts, the British India. N “nit Carbon........ | o “Ex-gividend. s Unil of tinding Isss than 100 shares. 't Partly | It is understod the money paid to New PRy e e e United States, with 3,614 citi- [ %7l "nit Cigar Stores. .. RIS bk s & 0 stock aFald this yearvno segulsr rates | South Wales, $1,215,000 a month, to- |B &0 Swdvs‘so, ! 784 | Montevideo 7s '52. | 291 | trict, representing Northwest States, here, exported during the same | gy Unit Corp (75¢) . ..s- » Stock. 3 Plus $1 in special preferred stock k Pluis 37 in stock. | gether with the funds of the state on | Ban & Aroos 4s°51. s 63%| Nagsau Elec 48 '51 4 46 POt sutatal ot monigee S 2 to the Chinese port $79,000.000 | gayg Tnit Corp pt (3) gg!jgmlin 1-‘% (Jer—Do regular rate. nPlus 5% in stock. pPlus deposit in the Commonwealth Bank | Bk of Chile §3% 15% | Nat Dairy 5% 3 "48.. 8 g | 2200 B hen deslinie 1 0D oL Jotth and received imports totaling 274 in 'Sioc : A now amount to almost enough to pay | BX Chile 6% "¢1, 27| Nar Steel 58 rh |receoiing dswes s it Sorin ‘and seceved imports oiaing the interest that was due February 1, |Belgium 6s ‘66, i e i o3y | Hops Netherlands . 103% | “'ps’ figures are as of 1930 compared able o and ‘N(’W”ng ba?ikerx believe the pay- | Beiglum 634 s ¢! ;7“. N Eng T 15t 68 '62. K 98s Ls e et ot : ntrast, Japan, almost at Shang- = = = 7 ment wil made soon. The Com- 95 415 [N O T & M E%s " Fi with 1928 and 1920, but in view of d with 25,650 subjects WASHINGTON STOCK EXCHANGE | [monweaith nas placed itselt in the po- | Bellum T8 2 98 oas aeslnOF SHIHEEL banking and investment conditions, & ha ld there only $59,000.- £ s sition of a trustee for New South Wales. 100 100 | Wales | further decline in total mortgage debt The domestic list reflected a dull and | Bell Tell Pa bs 998 99% | \'y s 9 |is indicated for 1931, The survey pirciissed $19,000,000/ol goods REGU'—A-HDN NUIED QUOTAT]ONS AND DAY’S SALES |[ |irreguiar stock market. *Railroad bonas | Berlin CE 638 5 D 20 2% X ¥ Centds'os. . e B 93V 9 4 q " 92 o € Imol e tota of Other Figures. were more active than any other group, D “ent db 43 '14. Blt even here. trading: was (desultory, | BetD.SOTCEs 2 91 91 |NY Cent4iys 2015 g | Minnesota, North Dakota and South ; Bolivia 7668, ..... & 615 6LlNYC e ; 9 | Dakota declined, while that of Mon- here, did a $20,000,000 A After early gains, rails turned irregu- i s 6 rfim 532013 33 ) i of ned, e ! i r‘\;"rm Shanghai in 1930, WiihGaste As‘“'“‘ i e lar. Industrials were little changed.|Bolivia7a’es...... bla N % 905 901 |tana increased. In 1930 the farm 4000000 worth of Chinese e e U LU g o High-grade utilitles were firm. United | £oliv1a 38 47 ..... 25 8 & iNveas el mortgage debt of Montana and North goods. France's exports were $7,000,- i Mexgen hnlend inokine =7 st 51. shingl States Government bonds continued to | Sordeaus s '34, 99% 100 L5%RA'TY. | Dakota was smaller than that of 1920, Bo0ds. @ imports $16.000,000. Italy sold | State Commissioners Are CaLial et Oo==biat 19 Eonl| harden. Most long-term issues are now | bost & Me 4’61, 2 6915 | Ny SR 51s | While in Minnesota and South Dakota £5.000.000 worth and purchased $3,000,- apital Traction 55—$1,000 at 59, $500 E o 9 selling around a 4.25 per cent yield | pos & Mo bs 56 5 13 1sn 5 B4 ofy, | the total was only slightly increased $ L head Q ety G Natl ‘Sav. & Tr. (127).... basis, contrasted with 4.50 to 4.65 per | pon &Me ss’¢ SN YR I8t 641, 1063 | for the 10-year period. The total pres- oggerheaas on Ques- ot. Elec. 512% pfd.—5 at 104 e A T ,38 | cent as two weeks ago. The market in- H::H:z- :; Y % 20V H&P 4349, g7, | ent farm mortgage debt for the 1?:&- 9 3 S . i e t vemen o 8'37....0 19 [ NY ELH&P 6s ‘48 ™| States, as of January 1, 1930, total ade C issioner x 3 terprets this movement as indicating : t| Ny .48, 101 e tion of Policy. BidiandAsledibices: ; S a much more favorable technical con- | pitEd TnA'ga’ IR { ¥ Noisture conait ver the vast t the Manchurian situation BONDS. k § ) .fm\“"“l,f"{x.”‘" '{:r"a?:;y financing PIars | pyxiyn Eles 4% Zie A §§3;£§12;f3."v1( i) £l ire. conditions fover, the vast gnant.” - PUBLIC UTILITY. " I B e o eivald have lenjoyad | SEIyHMARIEs 65 £5'% 86 | NYNH&H cd 6843, o | year ago were unsatisfactory, now are R iaanar I BY GEORGE E. DOYING. Amer_Tel. & Tel 445 390 I Sec. Sav & Con i 3 a faitly good market. But the new faagnesit- 1014 1010 | NY O&W It 42’92, 491 | excellent. There s every prospect that i e Commisaner T.C.| The actvit f sentatives of | Amscmcia s SotCh. W 3 Sevent t 2 | Capital market generally was stagnant. | pus e mr ek bai 1 33| NY Rysincses.. jie Besk aop Wl have an Shepte Xe- ng to Trade Commissioner T. C e activities of representatives Anacostia & Pot. R R. 55 ) e TN 7 today eiled o te- | EurmGen ENe w21 9 9 | NY Rys6s A "65... serve of soil moisture to give it an ex- : ] ¥ cellent start. At the same time the S e en- | Ana: & Pot: Guar. 55 Nethanic (209 BR&D A5 |y ! R R | public utilities at the annual conven- g & p. Tel of Va. 5s 8 | Ceive any bids on $5,500,000 of boNdS | puse mer eoraares 2 oot CINY Wan el Winter wheat crop of the Southwest i 43 '46. . S and Ohio Valley, showing an _excessive Capital Traction R. R. 5 Zanl 1 | SURAN E. Vi ¥ v charged with the regulation of the util- | Georgetown Gas 1st ‘55 .. Corcoran (10) it 195 DAt ) &g . ‘ B ' th due to the ab ally w: S : i orenupaciey . 5 W v Y Calif Packing 58 "4 Nord 6148 50 Ciithy OFEle: ANDOTTIR Y AL ctomac Elec. Cons 5% ... i Firer 8 York utilities would not likely be offered . Nondieheue Ll Bl Sl e should temperatures suddenly drop be- | fore a snow covering is provided. ities have caused a breach in the Na- | Potomac Elec. 65 1933 National Union (i3} to the public until near the end of the | Canada 4x°60..... Food Products. i1 Alex & Mt. Vernon ctf Ny i tional Association of Railroad and Util- i y § e month anada 4%x 36 9 3 ngton Gas 4'as H TITLE INSURANCE. CanaAniEatss 2 2 91, | No Am Cobs'61... Nearly all food products now are 5814 | back at pre-war retail prices, and this ities Commissioners after 43 years of WALEL g*“’;,f;u A Rl B eh) e lcinavinatd Nor Am Ed 58 '57. . | Wash. Gas 6s. ceries B $ : RED . g O D Aher annsoamei|mste el e s L M A R Eiec. 43 MISCELLANEOUS. jichangedito & auade loper Sorent Pele SR L dhNe e otatoes, bushel, vams, | Some pro - ;i id. Asked reflecting early firmness o ! i 75a1.25: beans, bushel, 1.50a2 % . | MISCELLANEOUS. Barber & Ross. Inc. com 8 = " : _ T4 s, | Nor Pac 3s 2047, ot erate. 1401500 Brussels | cal” State commissioners, including the | gusber & Ross, Inc. 61zs . | Gol, Medical Bide. Coro. (&) 0 | D o | Ner Pac 4a'91...... #7u|is expected to stimulate consumption. er avart ' 10a15. cabbage, | five members of the California Rail- | Chety chasc Club $u’l i | Bl & o5 [maaigoverment ales e LT uly'sa. or Pac r 168 2047. ¢ 86'4 | The Institute of American Meat Packe 1.25- caulifiower, crate, 1.50 | road Commission and three members | W. M. Cold Storage 55 : g B iz R 0l i3 In the domestic list, railroad bonds | CaP Nat5sOct'6s. 81 2 Dusiousr- i ';gfky 1E°u‘§‘§‘1?°s“e‘m'n’}“59“‘w‘;“$g; 2.75; spinach, bushel, b 5 Can Pac db 4. 598, | Norway 6s°43..... 76 |under 1930, hams from 40 to 49 per T ob00: squasn, | mission and the chairman of the New | ey Lanston Monots L adyan ey e by oD [ can Fas Gaien: « | Norway 68 ¢4. 75% | cent lower, bacon 43 per cent down, 0- tomatoes. crate, 1.00a | York Public Service Commission, have |amer. Tel. & Tel (9) s MeriiTr. 1& Brees com, i(19) 5 N et 4l e International | CAn Pac 5s’6e 3 12 [ Orfent dev 5% #'68. 7 5714 | While beef prllct-s are off from 36 to 49 is, crate, 150a275; (Wrmips, | just served notice upon thelr fellow | GEBRGLIHOR 00, 0 - Nat P | Great Northern adjustments. Prime is- | Cemt 1) Cac g o) | Ortent dev 6353 G i s s 150 apples, bushel. $5a190; | members in the national organization | N & w. 'Steambost (12},117100 148, Eeomiey B’ Sloret i to1s) | suies were firm. United States Govern- | Cint pae 5a 60, |PacGam s az. ... 96% | “Wholesale meat_prices” the instis beawberrics. quart, 5. kale, | that unless the association changes its | por Eiec’ Power siar; bid 1. Security storage’ (557 : g mentiioe Yo descriptions Were Dar- | Gore.ta db 5%s 48, | Pac TAT et 58 53 $7% | tute says, “have declined commensu- : 4 P ) o : 3 vy, & Sl ..+ | Ter. Ref. & Wh. Corp. (3) 2 a ) Pet 2 . , 30240 course they “now see no alternative but | Weeh: Rvy: & Ele¢: som- gf-c Gexoel Cotn, 0. o PO, i e m‘k'o‘:"“’ Gk | Paris-Ly M 6358, 7 it e S S Dairy Market. to withdraw.” NATIONAL BANK. W, Mech. Mige : C&Ogen 43192, 20 9 9 | pars '58.. 101 ok soung, 18a21; Leghorns, 15a Present Policy Criticized. Mo srea. | Wind & Lothob com i LOW RECORD FOR COPFER. &‘.21‘1‘:;” 4 2 | Paris-Or 514568, 90% (Copyright, 1932.) old hens, 13a18; Leghorns, old, 14a 4 3 ottt )3 - - O & SolnropTytd ; NEW YORK, February 3 (#)—A new CRa&Qgen sty 3 1;:;.):\91}1;‘;?{-;37" B wi = bosters, 10a12; ducks, 12a20: geese, | In a statement mailed from Madison, | Eommertial “(stamped) (10} : Sxre price of 6875 cents & pound, the |C p&Qistrfss'Tl. 2 g Een ou IaCATg0Y s0.| DIVIDENDS DECLARED 7;z guinea fowls, pair, 30265; tur-| Wis, to the members of all the State :E:i;{’;;"‘,"mu B & Tr @) 5 0t ‘mlwsl ;‘,‘g""?‘ coppert ]YJH}S e Eg*g.’r‘m-q T1dv3%s49 9 9 | Penngn 4148’85 793 O o casee. nearby | COMmMissions, it 1s declared that the | by, (D) % extra; yosterday by Copper EXDOFIers, Inc. the | Cocats moce s sy, \ e . 74| NEW YORK, Feb ) - eCe! 3 2i Ses; ( e yesu Y o B Chi Grt est 48’ e L. D 5 51 AN ! , February (P)— e e nine members of the commissions from | = Co-operative organization of the|(Chind&l sn5a'eé 3 30 : e : A et ter—Good and fancy creamery, | the three States “believe that regula- | producers Chi [nd&Lou 65'66. 3 3 Penn gen b3 '68. ... 3 90 e Day. Hidrs of 41,: ladles, 15a16; process, 20821: | tion in the several States is being se- DEFA| LT IN The reduced quotation for the metal|Cnj M & St P4s'89. 3 59 Penn 6145 '36 100% | ,ompeny Rateriod. able. ~ record. d, 10a11 S ihe h ; delivered c. i. f. European base DOrts.|C M StP&P 6875 s 37 |Penn P&L 434381, 23 & o s S T SR e il L O riously imperiled by the present con- is quarter of a cent a pound below that | ¢ M & St P ad bs.. 13 S = - - i ; duct of the affairs” of the association, (@) TERES IS SUR R S at Which custom smelters for the past | ni&NW 43 2037, 5 il o Reguced. 75 head; light sup- ! B ND IN T p I E | several days have been selling accumu- | C&NW ou.‘:'c 2037, g::: :‘.1:; 08 56,/‘ Canfleid Ol . 31 Mar 1 Fen 2 | and th egard the situation as criti- | Jated surplus stocks. Copper In the|cni & NW en4%s. 168 ¢ 3 £ Eern tsies June 30 May 20 any., with comparatively 9 BALTIMORE. Md, February 3.— e potatoes, per 100 pounds, 75a1.10; | more or less peaceful existence. SRR ST SR SIS - TEE T CRPORsS. JOpOr per 100 pounds, 3.00a4.00; Vi 5 % ok D Can Nor Tedb "40 F 5 of the Wisconsin Public Service Com- | STOCKS. 1 2 continued to attract most attention. to pri " _ Mt 7 | Empl Gr 'As 20 1 o prime, ncne; good | cal and destructive of public confidence e o o o[ SHLENWenit |Pammenet o 1 | meslraiciis e SR ? 7.00a7.75: medium to good, | and the effectiveness of utility regu- | . . at 6.75 cents a pound. Chi RT& Prf 45’34 | Phila Eiec 481 a4 i to wmediim, I0RIGE. | gy v ' Other Forelgn Debt Services Have Been s RiEEaL | Ehil & Reac 68°49... 48 | Company Rate :d D '3 5 et Dm0 Feb. 10 Fed. 10 Dec. 20 Dec. 31 Feb 15 Feb Feb Fen. 11 Feb. ® Mar. 5 T5¢ Corp "(RI) ¢ pReRRaRan e O PROOOOD O XO POO DOVWOD LOOLOD PORODOOOOLOL e B8N0 o s 3.50a4.00; common to o e ChiR1cv4ks'60, ” 01 | Can Pw & Pap Inv pf 62" 2 Peb. 1 Rumblings of the storm were heard | Met P 1 Yolio B INVESTMENT TRUSTS | cTHasE mss 0. e : S0k | Bemn Water ervice”ts e $130 & Feb 13 holde to) Prime, pones good et ithe 11930 conyention st (Charleston | et Promptly—3caling Down of NEW YORK, February 3.—Over-the- | C & W Ind cn 4s'52. ; 5 |PCC&StL5sB'T5. 88% | Bomerrod Ser TrRi: A none; medium to good, 4.00a (S C., when the program Wwas So SCihte manket ;5 Poland 6s '40 3 55 55 reg and coup 209-10c .. Jan. 18 4.50; fair to medium, 3.50a4.00; plain | crowded with outside speakers—not all o Chile . 528, Detorced: sentatives—that the business of the | e e Clov Term 4348 17, f 80~ 80 | PortGn El4%s'66 5 60% | ekt : | erular. none; medium to good, 3.753 | Jution then was adopted that the first Br & Con 6 Pf........... | Por R g Be Paye Rk of = . -~ - | ' B Col b 6s Jan '61.. 24 'or Am T 6s'42. 5 40 | ) v T 1 T air to medium, 3.2523.75; plain 10| two and one-half days of future meet- | BE CHARIES F. BEEARE |of the inlerest chamges on fhe dollar |43 Fafel e Colomb 69'61 Oct 351, | Pos Tel & C 5853, . 30% 31 | ASSRE Bhiries nERE TR MU 1 EEES . Fdrs 7 . 9 - o _ ; o | business. Nevertheless, at “the 1931 | NEW YORK, February 3—The de- states. This would be in line with the | Am Fdrs cv 5 coneeees 3, | Colo & Sou 4348 '30 5 661, | Public Serv 4871 88% | Do. 2d o Marl 1 Feb. 13 s—Choice to prime, none; good | convention in Richmond, Va., the pro | fault in the February 1 interest on the ' oonrection with the ’ Assoc Stand O sonee 3 dium, 4008450 O e e noerma loans” TU) At seciotic oc ol GAE cou 6381, 771 [ PUD SY G 434970, 9214 | Eoneol” Pape: Co a1 R 500, fair to me i | meeting was_crowded with aine non- | New South Wales, outstanding in the i to T, : & | L | v al N s . Do. B to fair, 3.0024.00; common 10 |membes speakers, at least five of whom | amount of about $74,000,000, calls at. | nonths between representatives of the | 44 & Fi¢ {on ‘W CC Md 1st rf 6850, 915 19 | Queensiana sx*47.. : 50 | Do pt P 5 Feb. 18 pt 50c cows and Springers, 30.00a | farcCH! et benkers identified with Australian dollar | Bankers Nat Inv = ! ’ 4 picuous instance of the sort, out- fle Hankers .18 | Con G N ¥ 6%s345. : s = peet At Richmond an effort was made to| side of South and Central American :}“‘f‘fim{)‘,p;‘"“gwgf She oal =itn B e hSugery. s : Con Pwr Jap 63453.. 9 9% | e e sa A 37, ‘o E's%*:“sifi"": S Fen. 10 eel ich | it | British Type Inv S % | Con Pow Japan : 5 : £"3650 Bt 316 o 19 Sheep, | barring outside speakers, but a consid. | list of forelgn bonds sold after the war | nich, 15 out of proporticn to the nor- ) gentral Nat Cors UAT ... . | Consum Pow 6352 Rhinelbe 74, ... 7 e | Do 6t i S S erable majority of the members refused | to American inves! The commonwealth of Australia has | Ghain & Ges Equitics o 2 Cutalb R Rnine West 65 '52. 38 Feb. 13 % "nf“‘l‘g’g “The purpose of this resolution,” says | elgn issues on_which semi-annual 0| 005:000 of 4. and 5 per cent loans, | Chariered I Bt ha R T e e mMm EL O = the Madison statement, “was not only | terest was due the first of this month. Tne annual interest charge on these | Ghetes mag g R | o FH Rio de Jan 83 '46... 15% | pro0k-Brach ‘Tr' Go.hoc g taking up the time of the commission- | the German group. It is of great sig- | u. - Corporate Trus 2 3 . L Hires (CE) Co A...50c 50 head: light Sup- | grs bt dlbeutsions wiich woul be move | nificance. therefore, and an evidence of | 4%, o an average of 3 per cent, there | Gorporate Trus A & : “iin | bel A Hud et s Rk LA 647 RIRi? a2 5 ) 3 appropriately presented elsewhere, but | the general integrity of foreign gov- : s 81 - | Orum & 3 Del & Hud cv 58 '35 hta Ry pf...31.75 v and Grain Prices. it “was desighed to discourage’ the | ernment loans, that only two defaults |MCRwealth of S3000.000 and nearly $1.- | Gun & RSSY- iy : Denmark 438 '63. . StL IM R&G 4s'33. 81 p.,‘?’zf'gu‘- 6P i 3130 = i 8 The state of Queensland has a 6 per | Crum & Fe 7 StL&SF 4 78 Pcwdrell & Alexander ¢ ;. | utility officials T ves who | nearly as many more interest payments = | Grum & Fost Ins 7 pf . ’ t s 23% 7 red Winter, garlicky, y officials and representatives who y ; y : pay! cent dollar loan of $9,627,000 and an- | Depos Bk Shrs N ¥ Denver Gas 58'51.. StL&SF p 1658 B E 358, Sn‘:cClpr'lfls M’mmuzbic these yearly meetings. It was pointed | cumulating in New York with the pay- | ;on™yate ‘is 7 per cent. These were | Disersified Tra ~ . DRG&W 5378 StLS W 68’52 | SSRops Lra 2 yellow, domestic, spot. | & qeavoring to influence the action of | resent indications these maturing ob 2 g SR DetElaR RNl Sao Fau 7840 rot. - 61 | Second 1o 5 b veh new. 2.00a2 i i s - } 5 ® | Diversified Tr ¢ et t Edison r: e : 18452 cob o ey, the Gonvention, by furnishing entertatn- | lgations will be promptly met. in spite | Period of high money and of unfa-|piersiftd Tf 5 | Deutsche Bx n°21. Saobanlofeas.: el B G T 5!,a36; No. 3415a35. | n e i r Equity Trus! s Y $2 3 ,).)‘3, e e similar activities, had seriously impaired | taining exchange with which to cover investors with foreign issues. ‘There | GGty G5 ShrS, 2 Duquesne 4% 6 SO 3241 stang O of e stc the value of the ccnventions and were | Service charges. Soailng. dowrs in the interest rates on | Elied Trist Sh & | 83% | Serba-Cr-S1 78 62 3415 | Taslor & Fenn Oo..82 Ve in increasing quan- ) Fund Tr . no *‘figfil;gfgg;ngxh;:!““”"" ‘““’Ld‘f“’“‘f = | There are meny foreign countries, |PEr cent loans in moderate amounts to | Gide TEinee B 4 Erio cen : Shell Un O11 68°47. 705 | rifBla A B S being strictly on | eaders in Fight. foreign provinces or states that a few | Uhe city of Brisbane & osnotl Invest Bau . 3175 @ 2 rGld hay slow and | Another greund for complaint by the | years ago would have beon expscied Lo | $10.000.000 to the city of Sydney placed | [idtpend Ty snre Frin5s'15.. Shinyetsu 614552, 2 ‘ wash Ry & Blec. 4138 @ Mar, 1 Feb. I3 s Int S Cor) g h dividend cover- nge of 13.00a | resolutions to hold all future conven- | New South Wales. In spite of the | Scaling Down Rates. It See A 6" of Finland 5% S H R tn April until July, ReR ear will be con- tions in Washington, D. C., to avoid the | piling up of debt under a highly radical | It Bec Am eaapt Finland § Sthe P L 6s 42 sidered. 1 wheat, 850a9.00 Der |apearance of “junketing” and for the | government in Australia, it was always| The question of scaling down the in-|invest'Trustce ‘Sn .~ X = 5 = . Fisk Rub 88" . . i s Decline. of supervision over a publication which | sistance would be avatlable from Lon- | that has a prominent place in discus- | [ER4ers of jndust FramI1D7% 877 | Solssons €s 3¢ Security Loan controlled by public utility interests” | New South Wales was without funds to | of South and Central American dollar | Maior Coip Shrs Fronch T%s U128 | ST RSITBAAI, Bank loans on securities decreased M aenoried by Chas. D, Bayner & Cop | ““The fight is being conducted princi- | ineet her interest payments last year. |bonds now in default. Most of them |Mufuai"WeV = 4 i v ! u 92 92%| Sou Pac 4% ‘81 Total loans showed & 09 41-32 100 132 |E. Lilienthal of the Wisconsin commis- | condition of Great Britain made it|in no other way could they have been | NGHO, Wi Sec o1 9p | oL CAC SRR t;fed‘sliéfigg"-“gg- §17000,000. Compared 98 -3 98 26-32 A < i 98 20-32 98 26-32| % New York Public Service Commis- | obtain credit from English bankers. | have long maturities the amount of [N ¥ B Ir shrs A 61 61 Lol ! it 42,6011 » 89 30-32 | sicn. The case of New South Wales Is not | interest for which the borrowers obli- (NoT AR T Shares . Gen Th Eq 63 0 | ggéaggéooo.ooo EadRty 4 S 4 4 u X Northern “Secur ; o for arrangements are understood to| beyond the resources and the annual | A gHiR, SEUT ; i 391 40 |3tON N Y 4%s SHORT-TERM SECURITIES. Gold Stocks Increased. have been made to meet the semi-| revenue returns of the debtors Conse 8‘32 %:”1 Tny ir‘;“ et STh 38 )iwisebha-ch s with the introduction of gas, ok : S 2 & s be that holders of [Old Col Tr Assoc . lllllil: : 3 3 century ago, ¢ S g NEW YORK, February 3 (#).—A net | annual interest on the State of Queens- | quently, it is believed th Belrol Trad 4o Ger Cen Bk 68°60 0 sefes ae | it : than s century 880, cane ne . Bl Ofter. | O v gold stock resulted from yes- | while payment was made Monday on |in the final revamping of them to ac- | Repres it Shrs ; e {8 s Texas Corpones Lo 85 875 | terday's transactions in the metal, the the 5%z per cent dollar loan of the cept a lower rate of interest and, in|gctong Jat SE¢ A < | Ger Gen El Ta'46. .. 4 T.“;Ps-nc"n 5 bhas 1 New York Federal Reserve Bank state- | City of Sydney. | some instances, a scaling down in the |Sec Int Sec 6% ist pf 5 * | Goodrich cv 68 °46. T::&PB-D‘N- Ohio 4155 1033 : & way Co. 65 1036 .| There were imports of $2,107,600 mand in Australia for a scaling down (Copyright. 1932 Selected Cumul 8h - 5 Goodyr Rub 58’67, 74 | Third Av adj 6860, Vienna 68 52 G e { h Seleeted enne % e IR 52| Thira Av 1st 53°37. va Ry & Pw s34, isn Nor, Rwy, 4ss 1935, & crease of $4,522,900 in the gold ear- g - | Bplected Mansse : r : ank of England and the Bank for In 1% . 3 land 45 1934 marked for foreign account. There were | GERMAN BANK CREDITS B g! Spencer, Trask, Fiind @rt Nor 4%3"TE 86% | Toho i b 78 ‘651 it { Powdrell Alexander Inc...50c Q Feb. 15 A ar o 5 | s A B C Tr 8hrs “D" . . 5 1. i 12% | Poland 7847 3 t feir. 325a350; common to plain, | of whom, however. were utility repre- | Rates Has Been Discussed. A8 & s k! Dl 123 | Poland 8350 : 055 [ emant v o Lratie £y e e to prime, none: good | association had to be curtailed. A reso- = S e € Gen'Bec It s il ! Clev Term 6% ‘72, 961, | Porto Alegre 3561, 12 2.50a3.25; common to plain, 1.50a | jngs should be confined to association | Special Dispatch to The Star debt of the commonwealth and of the | am Fd Colo & Sou 4%5'35 9 913, | Prussia 6852 2 3 315 | Do. 1st pf Mar, Feb. 15 policy which has been carried out in|Am Ing 8 e 2 8 71, | PubSv G 2 | 5 Col G&E 53 May’'52 550 175 [ EUD Sv Gt an 16T, 92 | Cont Bk & Tr Mar Mar e, 5.00a6.00; medium to go0d,|gram for the last day of the four-day |5 per st day - cent dollar bonds of the state of 5 p has been discussed here within recent | Atl See war . : S o Thven 543 49" 5 81 | PureOfl 5%s'37. rodjiCuns A Biln (AN 4 Feb. 19 0a3.00. directly represented public utility - | tention to the fact that this is the first | Australian government and American | atl & Pac pf war ... 114000 167 ... | Con G NY 4%8'S1.. Queensland Ta41.. 66 | Berton PY &P ) )92 T 52 Mar. 21 Basic Indusiry secure the adoption of a Tesolution | issues, that has occurred in the long fair supply | mal carrying capacity of the debtors CENiTSLNAL Dorg s : Copenhag 4%s '53. Rhine West 78 '50. . 51" | Finan Ser of Bal A.20c Feb. 15 SUPDIY: ) to agree. There were nearly 60 different for- e o C > outstanding in this country about $1 Chartered Invest o i 7 > y B Cuba RRrf T%s'3 Rhine West 65 '65. . 368 Lo Bf Ito_exclude non-members from unduly |A large proportion of them were in | joac 480GR0, fTest charee on these | Chelics Exch B 0 2T Rio Gr W clt 4549, 50 | Giobe Knit Wks b 35c Calves, 4.00a9.50 would be an annual saving to the com- | Corporate Tiist accum ' ser Rome/¢iasiode 3 67% | pitts Youngstown No. 2 red Winter, export, no | attendance of the large number of (occurred. On March 1 there will be Crum & Fost Ins 2 1s | Denmark 6s'42.... SULESRINUEA 88 alu 1a% RSl i: January, 62Y; |have regularly been invited to attend | due, for which funds have been ac-,ther for $10.878,000 on which the cou- | Bebos Pk & N ¥ A : il I DARG WESRE StS W on 4331, 79 | Setord (L) Candy s 4 ng agents L veeks ; out that some of these utility guests, by | Ing agents for some weeks. From | ic.q here 10 years ago during the | Diversified Tr B cond 1oy Oats—No. 2 white. domestic, spot, | -4 SOTEr . ot oY e ang by other | of the difficulties of the debtors in ob- miliarity on the part of the American |Equity Invest Conv Stpd. ... o . Dodge Brcl 68°40.. el | Do o 5 S - 321 i Neb_ 50 has, however, been no suggestion of a | Piyed Frist: Bt . e SEM %00 Com Ac27i3e pts, none. New hay is . T e A Dutch East 1 65'47. bringing the good name of the asso- | No Help From London. | these loans. There are also 5 and 6 |Eund Tr Shrs A “'3% | EI Salvador 85'43.. Serbs-Cr-S1 8s°62.. 39y | Tide Wat Pow o Incorp Investors ] "1gi, | Brie 1] . Shell Un Oil 53 49. 0% coupon Feb. 13 iet, with prices | gpjecting members was the rejection of | default on their dollar loans before | tWO years ago at 51> per cent rate. int Sec Corp Am A : 235 Erte & Jer 68755... Sinclair Oll 63 8'33 D%ill mot consider action on dividend dua Int Sec Am 6 ing first six months of the ¥t ] BT s Skelly Ol1 53139 No. 1 oat, 9.00a10.00 per ton association to withdraw from any degree | believed that when the pinch came as- | terest rates on foreign loans is one |Leaders' of Inqust 4 263 | Skelly P U.s. TREASURY CERTIFICATES |the statement asserts is “financed and | don. This was sought and given when sions relating to the ultimate recovery | Low Piiced shrs French 784 111% 1113 | Sou Bell T&T 58 *41 NEW YORK, February 3 (Special). — E alsenk’hen §¥'34. . 384 38% A the amount Tioo B9 0Ofr | hally’ it s understood here, by David | The subsequent change in the financial | were issued at high coupon rates, for | Mutual Manage 3 SaubRo bisies the week of January 27 in 99 - 100 <t ry. 0} 1 - 99 sion and Milo R. Maltbie, chairman of | impossible for the Australian state to|distrtbuted in this country. As they Natl Tr Shrs Gen PSv5%s 77% 17% | Sou Ry gn 48 ‘56 with a year ago, all loans have decreased 100 200 S e e typical of that throughout Australia, gated themselves runs up into amounts|Nor Am Tr Sh 1956 gerhen 3 37% 37% ! St OM N J 58 4 aE (Reported by Chas. D. Barney & Co) |increase of $2.421.100 in the country's| town 6 per cent bonds on February 15, |many of these loans wiil be compelled | public ‘Serv “Ir R Govman 78 rep 49- o O e L Whks. & EL 5s 1934 2 5 ey : ment disclosed. There has been considerable de- | principal amount of the debt. sgfeucrugm}\!mf;esx;‘ 36 vt i Good 15t 63847 B AR Vert Sug 1st 7842, thiehem Stel Corp. 5 1936. .. from Canada, together with a net de- i/ Selected Manage Trust o Grand Trunk 7s'40. PN VaRy 18t 5. Qe > > & Wheeling 55 1933 exports to Belgium of $4,122,900 and & ternational Settlements have already . 3 Grt Nor gn 783§, ) B 4% S, Rwy. 4148 1935 Stand Am Tr_Shrs 2 i Tokio 58 '52. ‘Wabash 1st 65 °39. terclal Sredit o, $1ze 1558 Eipment il ¥bA00 WA EXTENSION IS ARKANGED |announced their readiness to grant an| Siand Soist fioust ek e ton | Toxlos¥a i Wabash 2d 6739 WAF udson 5 S ————— 5 Hait! 6583, . e Tokio Kl L ‘Wabash 5%s8’75... ) Orande 4'ss 1836 extension. Super of Am Tr A sl RVt "Aecen. Corp, 8 1981 FOREIGN EXCHANGE. Hud & M ad) 58 5T 5 | pistanssceas.. Warn Br Plc 6833, Super of Am Tr B. 1ol Eetroled Soru08 1ot (Quotaticns furnished by W. B. Hibbs & Co, | B7 the Assoclated Press. ho-lrdhensN::gul‘;gfl;eSnelsyerxgnrgnrr:(eetfilsl §§E§ é’fh?«'rn :"l!r:b' B e 9515 | Un Pac 1st4s 41, REECLHAE O : i Nomina scid Sellipg checks | NEW YORK, February 3—The Ger- | on Thursda}d'. tvhehn;atuntflyng:‘ggcs‘_:‘e x:{ Tristee .gl‘%n‘é I;wmcD Humble O 6% '33. 100% 100% g: 1;“ ” 4'.':'::0: . A West K1db 58 44. . London, pound. ... "S¢fees 533 |man Reichsbank has been asoured that | was, Said totel W% b gces o grant | TTSIEE 21h AT S0 Hungary 1% 491 g P e | West Mo 4552::.. ! Brisels “Beiga. 10 1391c® 1393c [at least half of its $100,000,000 central |y, tima might be made today. Tristee N Y S'Bank 11 1) Bell Tell 53 °56. 97% | Unit Dre cv 6s '35, 8614 [T estdei = & H. 45 1034 Berllnumarks oo 2hibas SO | banking credit which expires Thursday | The Bank of France w:s said in Paris | Trusteed Am Bk Sh m g:::t 5 %\ ‘L::g &"l,v;,x‘::/.sl l"; § o L L 111 Steel 4 %8 *40 9 |un P 28% S G e tstn e Toga 54 ° 8015 | Rome. f RN B aid in s O ternien Telen. 4Tzs 1934, 80 fig:{":“' E.“.n‘c i i | will be extended. and favorable word |advices to Wall Strect, to b= willig to Trusteed Am Bi AV Rone e pos. 5 7 Aadrid, Deseta. .. . 193¢ 2| as to the balance is expected within the | FeneW its share of the " | Ghited Fixea Shrs 11 Inland St ¢% 79% | Ud St W 6% aA'51.. 298 Int Rap Tr 58 33% Int Rap Tr sta 66 Uruguay 63 "64. 32 T sriland General Elec. 5 fons. United Fixed Shrs. ... b Soneral reet o 1940, Vienna, schillin 1407c | hext two days, Wall Street bankers said | Possibly, some minor reservations. Onit Fdrs 1970 com. . Int Rap Tr 6832, 34 UtanP&LGSs"d4 10 85 Int Rap Tr 7833 71 Ut Pwbs’sd ww. 33 41% 42%' Yokohams Crude Oil Co. 5'2s 1938 Budapest. pengo. 17.49¢ ‘yesterdly, . gmt:g BI:YE“(S_}:“{E 43 1 3% BtCementie’dia 3 G UHIPOWBSS/Ton 8 40 . 45 M XSERAMT B2 AT EEERER 2o vauteaue=Nusouuls SBESEE " Deaw OB O0TSa000n: wm AanaSuR aa 2 We WEOG5%8'37 ww. Wil & Co 1st 1. Wis Cent gen ¢s'3¢ SRS SwSme 2 o T T Erague, crown (nom.j 290dc 2860 | VTR jors) Reserve Bank and the| Throughout the nineteenth century |GRIEIartine Lid 4l Elec, LU & 33 9% Copenhagen. erown | 268 | Bank of France, two of ths four sign°- | continuous attempts were made to put 'US & Brit Int &3 o 01l Co. of ) o Gsfo. crown’. 26.80 | tories to the credit arrangement, have | an end to wars by leagues and CONVED- yg glec 13 & Pow “B” Z Ruy. & oy 3% lissount. |mot yet announced their ingention, The tions. - UBiVersal T5 Shoesmivmben s wy, Co, o OF marSnan—on