Evening Star Newspaper, November 18, 1932, Page 15

FRIDAY, NOVEMBER 18 N. Y. CURB MARKET Received by Private Wire Direct to The Star Office. ING STAR, W/ CURB TENDS HIGHER’ WITH DULL CLOSE| Unimportant Price Changes Mark Late Trading. News Cheerful. THE EVEX FORMER D. C. MAN HEADS OHIO BANK | Robert M. Huston, Who Served Here 17 Years, to Direct Reopen- ing of Toledo Institution. FINANCIAL ON NEW YORK SPECULATVEBOND | [ BOND'S 7%k "c¥eni S LEADERS SELL OFf Prices Scaled Down Further, but Reaction Changes Sentiment Little. First Deed of Trust 6% Interest Reasonable Commission and Prompt_Replies to Applications JAMES F. SHEA 643 Indiana Ave. N.W. Stock and Sale— Low. Close. | Dividend Rate. Add 00. High. Low. Close 815 84| LefcourtRealty... 7 Id 1% Stock and Sale— Dividend Rate. Add m rl-h Acme Wire vtc. Alr Inv Inc vte. ‘»- " T |Libby McNelll&L. 1 2k 2% ‘Alabam Pw pf (7). 40. 70% 70% 70%|LongIsiLtpf (7). 10s 80 80 Aluminum of Amer 24008 534 484 | Mass Ut Asso 2% Alum Co Am pf (3) 1200s 40% 4 Memphis Nat Gas. 3 % % | Midl West Utilities 2 2 | Minn Honey pt (6). % | Mg Bk CI A sh ps6e 4% | Mountain Prod $0c. 4% | Nat Aviation. High. 511 65% UNITED STATES. (Sales are in $1.000.) High Low. Close. Lib 3% e 32-47.... 10127 101 24 10125 Lib 1st 43¢5 32-47 1029 1027 1029 Lib 4th 4% 10319 10817 10319 9627 9624 9624 984 9 98 1 1015 1011 1011 1015 1015 1015 . 100 26 100 24 100 24 10210 102 10 10210 1044 1041 1041° . 1082 10730 10730 Sales. High. Low. Close. 1 15% = featu 2 Abitibl P&P 68 53 15% most prominent feature in the bond .\ e'q oy ugy g %0 market today was the further scaling . 3 stgdlt down of prices of issues that a weel | AlleKRaRY ODESL- 10 2go were leaders in a moderate spccu-‘A”s‘:ha Y " Gp lative movement. - ngp';z M S 4 This harmonizes with what has been| (v /'q con 5ga'4s 4% occurring in stocks. While it has Some | am v 5108 34, 2 effect on sentiment, the character of | xT0 g Sn A5 oy 0% the issues affected Is such that their | {00 VP50 foglgy ” 1081 reaction does not imply any change in |, mem g14s'39. 7 107 the attitude of investors toward g00d| . maT e tr 6s '46. 4 105% R Am T&T deb 58 '60. 103% Oil Issues Strong. Am T&T deb 58 Cases in point are American & Am T&T5%s - Foreign Power 5s, which ran up last| Am Wat Wkais'3é week from 314 to 38; and today were | Am Wr Pap 6847 below 32; Alleghnn\ Corporation 5s, ; Argentine 5% '62. which went from about 22 to 281, & Argent 6s 61 May. week ago and were today back to 25, | Argentine 68 '59 Ju and Chicago & Eastern illinois, whose | Argentine 6s ‘59 Oc rise from 14 to 18 has been followed by | Argentine 65 A '57. decline to 15. Smaller losses have Argentine 63 B '53. also occurred in Great Northern 7s and | Arm & Co 4348729, in International Telephone & Tele-|Arm Del 58 '43.. graph 4%%s. Assoc O1l 63 '35. The strongest group today was com- Atchison gn 48 '95. posed of the oil producing and refining | Atchison 4% 48 and pipe line companies. Shell Union At CL 1st 48 '53. Ofl, Shell Pipe Line, Sinclair Consoli- ( AtICLcl 4s'52... dated, Texas Co. and Pure Ofl issues | Atl Ref db 58 "3 were all irm. Dodge Brothers 6s ad- | Australia 433556, vanced a point and then lost it. Balti- [ Australia 3s “ . more & Ohio short term 4i.s were fractionally higher. as were Chesapeake Corporation 5s, Chicago Great Western 4s, Kansas City Southern 5s, New York Central 4145 and Pennsylvania 3. Foreign Group Declines. The foreign group produced declines of a point in Japanese 6':s, }a point in Tokio Electric 6s and fractional losses in some of ‘the Chilean issues, which were conspicuously heavy this week following the unfavorable finan- cial report of the government. German 5l4s were somewhat stronger than the s and Prussian 6s rallied from Thurs- day’s decline. United Kingdom 5%s again dipped below 105 on the debt situation and OCanadian descriptions ‘were somewhat lower. The firmness in United States Gov- ernment bonds continued. It is expected that New York State will offer a $30,400,000 bond issue on December 14. The outstanding issues of the State are now selling on a 3.30 yield basis. (Copyright, 1932.) MPROVEMENT REPORTED AT AUTOMOBILE PLANTS DETROIT, Mich., November 18 (#).— Announcement indicating improved business conditions in the automobile industry came from two companies yes- terday. Chevrolet said its working forces had been increased, and that 8000 are now at work in Flint, 2,500 in Saginaw and 736 in Bay City, Mich. The Lin- coln Motor Co, reported a 54.7 per cent increase in retail sales for the first 10 days of November over the same period in 1931. The figure also represents a 13.9 per cent increase over October business. 1 Grt Nor 534s Grt Norgn 78 ‘ Hudson Coal By the Associated Press. TOLEDO, Ohlo, November 18-—Rob- | ert M. Huston, who served in the| Treasury Department under the ad- ministration of President Taft and for | many years in the office of the United ' States Attorney General, yesterday was| | elected president of the Ohio Savings Bank & Trust Co., which is now closed, but will Teopen December 15. As dej ,uty Ohio State superintendent of banks, he was in charge of liquidating the bank. Huston spent 17 years in Washing- ton, during which he directed liquida- tion of national banks and, later, was a special examiner in bank failures and violations of the national banking law. He made examinations and inspections in every State and in Alaska. TIME MONEY AVERAGE RATES CONTINUE DROP| By the Associated Press. Time money average rates showed further recessions during the week | ended November 12, as the change was calculated by the Commerce Depart- ment, but call averages remain un- changed. In the table that follows the average rate for both classes of funds is given for comparable periods, as an- nounced by the department. Time. | 0.55 1.00% 075 1.00% 400 250% Hungary 1%s "44. . 111 Bell Tell 65 ‘56. . Il Cent 4% s "66. 111 CCStL&N 4% T1] CCStL&N BsA. . 111 Steel db 4% s 40 Int Rap Tr rf 65 ‘66 Int Rap Tr 68 °'32 Int Rap Tr 78 ‘32 Int & G N ad 6552, Int Hydro El 6544, Int Pap ref 5: AT Int Pap 6s 5! Int RyCAfi‘&; s Int Tel&T 4%s'39. Int T&T 4%s ‘52, Int T & T 6566 Italy 73 '51.. Japanese 51 Japanese 6% Jugosl Bk 78 '57. n CF S&M 45'36 *61 Am Cyanamid B. Am Dept Stores. Am EI Sc pt pf new. Am & For Pw war. Am Founders BY JOHN A. CRONE. .| Special Dispatch to The Siar. | Am Gas & Fl-(11) 25 NEW YORK, November 18—The | Am Maracatbo..... 2 Curb Exchange finished with unim-| Am Superpower 13 portant price changes today, with most | Armares NCOSA- T of these on the upside ASEl Ind 1td kive. Electric Bond & Share was a _shade | A2uc'G & 15 A bo higher near the end, but Cities SeTvice | 15s0 Gas & & war,, 3 was off slightly. Selling emanating | Atiantic Sec Corp: . from Pittsburgh brought about & Teces- | Atlas Utilitien. .. sion in Aluminum Co. of America se- | Atlas Util pt A’ curities. The only wide movement in late dealings was a break of more than 12 points in Wisconsin Power & Light | 7 per cent preferred. 19 1t 1 00 12 00t Special Displitch to The Star. NEW YORK. November 18.—The Newmont Mining. N Y Transit (190e fag Hud Pwr 1.20. Niag Hud (A) wars Niag Hud wr B war 1ag Sh Md B b5% . iles-Bement-Pond Nitrate Chile B, Ohio Copper. Pac G&E 1st pf 1% Pacific West O1l. ., Parke Davis 11.30 Penroad Corp. . | Pilot Radio Tube A Ploneer Gold (12¢). 11 Pub Uti) Hid war.. 11 | PugetSd P&L pf5. 30s 12 Pyrene Mfg. 1 2 Quaker Oats pt (6) 40s 105 Reliance Int A. | Reybarn. .. | Reynolds Investing Root Refining cv pf Safety Car H& Lt. St Regis Paper.... Salt Creek Prod (1) Seaboard Utilities. Selected Industries Shawin W&P (50¢) Shenandoah Cp new Shenandoah pf. ... Stnger Mfg Co (8). S0 Am Gold & Plat Stand Oif Ind (1). Stand Ofl Ky 1.20.. Stand Oll. Ohto 1% Stand Silver & Ld Stutz Motor Car. Swift & Co... Swift Intl (14). Technicolor Tech Hughey | Tébacco Prod Del Trans Alr Trans Tri-Cont Corp wr United Corp war. Utd Dry Dock. , OVER 42 YEARS OF SERVICE —Through good times and bad, have reflected the nquestionable safety and atability of The N anent. o answer your about our plan. Open Daily 9 to § Saturdays Until @). Aviation New Eng. Axton Fish A 3.20.. 5 5 0 2 l 1 2 Blue Ridge. . > B 5 1 7 1 1 3 6 5 03 Blue Ridge ¢ pf Axton-Fisher Advances. Buff N&E pf (1.60). Axton-Fisher Tobacco A staged a|Bulova Watchcvpt spurt of several points that ifteq it tof Burtocy pr@).... & new high for the year. Bulova Watch | Butler Bros.... convertible preferred at one time ad- | Campe Corp. . vanced 4 points. Standard Oil of In- Canadian Marconi. diana_was virtually unchanged. Carib Syndjcate. A batch of more cheerful develop- | Celanese st pt.... 15 ments, in the way of specific corporate | Ceat Pub Sve A 1 items, such as earnings and dividends, | Cent States Elec. 5 helped trading sentiment. Lake Shore Centrifug Pipe 600. 4 Mines, for instance, responded to the | Cities Service 1 2 2 s 1 Ka Kan City Sou 68’50 Kan City Ter . Kan G&E 41s '80. Karstadt 6s 43 Kresge Found 6536 Lack Stl 5s A '50 Laclede Gas 55 °34. Lake Shore 314 5'97 Lautaro Nit 6s '54. Lig & Myers bs '51. Lig & Myers 7s "¢4. Loew’s 6341 E Long Islrf 4s'49.. 2 Lorillard 7s ‘44 La & Ark 5369 Lon G & E1 58 A'52. L & N uni & Lyons 6s'34..... McKes & R5%s’l Manhat Ry c 48’90 Marseille 6534 Midvale St 5! Milan 6%s '62. Mil E Ry&L 6s°61. MSP&SSM cn 5s '38 MSP&SSM 53 gtd'3s MK & Tadj 63’67 Mo Pac gn 4s'76 Mo Pacrf 53 A "66. Mo Pac6s F'77.... Mo Pac 58 G ‘78 Mo Pac s H '80. Mo Pac 5s 1'81 Mo Pac5%s A "4 Mont Pow 58°43... Mont Pwr 5S A '62. Mor&Co 1st 4%48'39 Nassau Elec ¢s'51. at Dairy su at sxm 5 N Srcaran~S o~ declaration of an extra dividend of 50 | Citles Service pf... cents, as well as the regular common | Colon Oil. payment at that rate. ColG&Ecv pf (5).75 Mayflower associates had discounted | COmWith Edis (5). the regular dividend declaration an- | COmWith & Sou war 49 nounced today. Although earnings of | Consol Afrcraft. 1 United Gas Corporation for the 12| (0ns ‘_“"&Smm. 208 months ended September 30 were below | Cont Chicago those of the precedir ear, they were Cord Corp.... above previous estimates, which fact [CosdenOllcod. for a time helped the common shares | Creole Petroleum.. of that company. Deere & Co Du Celanese Tssue Gains. uval Tex Sulphur . E Celanese Corporation first preferred | iions o morctsy 10 opened up 2 points, leading the textile | gisier Elee Corp s group. Opening with o gain of 6| Bl B & Share 8% 209 points, Great Atlantic & Pacific Tea led | Bi Bd & Sharept §, 2 the food shares. Demand later spread . Elec Shar to. the. restaurant ehains, beneStting | Burop B Lia A 300 & Hom & Hardart, 1 3 PERMAN EflT ,g;: BUILDING ASSOCIATION 744 Call. 3 Week ended Nov. 12..... Previous week. 1 Austrian 7s ‘34 Same week last yeu Austrian 7s 57.... o aB~ Organized 1879 53rd YEAR COMPLETED Equitable Co-Operative Bldg. Ass'n JOHN JOY EDISON, President ref 58'95. ... B & O rf 53 D 2000. B&OrfesC'... Batav Pet 43443, WALTER S. PRATT, Jr., Secretary AssetS...o.iiiinnaianannnnns..$6,251,006.24 Subscriptions for the 104th Issue of Stock Being Received Evans Wall Lead. . The feature of the metal list was a| . 26-point break in Consolidated Mining | Federated Metals. . & Smelting, which has not sold in this éx“;““m’" (new) 1 2% market in some weeks. Aluminum Co. FD"H;PALvm; 50s 33 of America common lost several points | ©ote -“0'0' CanB. 268 14% shortly thereafter. The preferred stock Ltd....... 5 3% of the latter company was somewhat | Gen Pub Service pf 10s 33% more active than usual. Goldman Sachs 4 (Copyright, 1982.) CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS. Bell Tel Pl bs Bell Tell ¥4 Benef Loan Berlin C El 8% . Ber mun ex 6348 50 Beth Stl pm s '36. Beth St1rf6s'43.. Bolivia 7s '58. . Bolivia 88’47 Bordeaux s Bos & Me 53 '55.... 67 flllIIHII|||IHllHllIIIIIIIIIlIlI|IIIII!!lllIIIIHIIIINIIIIIIIIIIIIIIIIII ‘ SYSTEMATIC SAVING | Uttlity Equities. Van Camp Pack. Walgreen Co. . Walker (Hiram) | West Auto Su A(1) 1 10 | \\:esr\' co Ch pf (7) 25s 59 59 59 | Wis Pwr & L pf 10s 631 634 63% | Wright Har t17%c. 1 2% 2% 2% | “¥» o1l & Gas % % "-' ividend rates in dollars based on last rlerly or seml-annual payment. B artly extra. 3Plus 4% 0 aFavable in cash or Stek® b Bayatie 1 ock e Adjustment % in stock: 5 Blis 8 n" stocs. |in stock: JPlus 2% 263 stock. m Plus s" 4 in stock. B Paid Always remember it +s not what you earn, BUT WHAT YOU SAVE THAT COUNTS. The Equitable is helping hun- dreds to become financially recognized thru their Systematic saving plan. Are you a saver thru this plan? If not—then join H ] g H EH 2 today. i RN BN 00 e 1 e 3300 e NOT&M in bs '35. NOT& M5s B'54. NOT&MGbE%s 54 Nw 8 Wales bs '57. Hecla Mining. Hollinger Gold t Horn & Hard (2%4) Hudson Bay Min. . Huyler Stores Del. Il1P&Lpf(6).... 25s 34% Imp Ollof Can§0c. 6 84 Int Petrol (1). 4 104 Irving Air Ch(40¢) 1 Jonas & Naumburg 1 4 Lake Shore Min(t3) 14 26% 57, Brazil 7sCR ’H. . Brazil 8s 41 Bremen 7s NYCrf4%s2013n N Y Crf bs 201 N Y Centdb 6s°35. NYC&SIL 4%s l NYC&StL 1st §s 'l) Y Edison 5s B'44 N'Y Edison 53 C'51 NYFEArf6%s 41. NY EL H&P 4s'49 NY EL H&P 5s'48. NY NH&H 415 '67 NY NH&H 4s '57.. NY NH&H 6s°48. . NY O&W gn 45 '55. NY O&W rf 4s°'92. NY Rys6s A 65... NY S&W 1st 5531, N Y Tel gn 4%s°39 Nord 6%s '50. 8 [IEPSPIOE PN PRSP P9 - PO T [EER PO Bklyn Man 6s A Bklyn U Gn Sn 5T 915 F St. N.W. 0000 NEW YORK, November 18.—Follow- ing is today’s summary of corporation news prepared by Standard Statistics Co., Inc, New York, for the Associated Press: % numnmiiulmumu = Bush Ter con 58’56 Canada 4s'60..... Canada 4148°'36... Canada 5s'52. . Can Nat Ry 4 Aircraft. Aviation Corporation—Cord group and management have reached a com- promise agreement in controversy over | control of directorate which provides | that board shall be reduced to 15 mem- bers, five of which shall be selected by Cord group. five by present board and remainder shall be appointed by mu- tual agreement between two factions. United Aircraft & Transport common share earnings, nine months ended September 30, 56 cents vs. 89 cents. Automobiles and Trucks. Ford Motor Co. reported to have canceled orders for 500,000 pounds of copper. General Motors Corporation—Produc- tion of new Buicks increasing, with 10,000 employes at Buick Flint plant and the affiliated Fisher Body Corpo- ration factory. Automobile Parts and Tires. Motor Wheel Corporation deficit, nine months, ended September 30, $839,419 vs. deficit $37,707. Chemicals and Fertilizers. Preeport Texas Co.—Understood com- pany has acquired rights to develop an important new sulphur deposit which is jointly controlled by Gulf Oil Cor- poration, Humble Ofl & Refining Co. and Shell Petroleum Corporation, Virginia-Carolina Chemical Corpora- tion—Greenville plant to soon resume cprrnuons after several months' sus- pension. Household Products. Bon Ami Co declared usual extra dividends of $1 on class A stock and 50 cents on class B stock. Investment Trusts. % 23 Burco Inc—Net income for fiscal 40 year ended September 30, was $104,658; market value of securities held as of September 30, was $1.081,075. com- pared with original cost of $1 650,624 Metals (non-ferrous). Hecla Mining Co. common-share earn- ings, before depletion and Federal taxes, 9 months ended September 30, 3 cents, vs. 34 cents. International Nickel of Canada, Ltd. deficit, 9 months ended September 30. $292,353, vs. net income $4,005,857. Miscellaneous. Chesebrough Mfg. Co. Consolidated declared usual year end extra dividend of $1 and regular quarterly dividend of $1 on common stock; on September 30 an extra dividend of 50 cents was paid on common. National Lead Co. declared regular quarterly dividend of $1.25 on common stock. Railroad and Railroad Equipment. SAFE PR SE | sales in DOMESTIC BONDS. | thousands 1 Alabama Pow 8 '68 3 Aluminum Co_5: 14m El Pow"0s 55 P60 9612 96l 9681 41 um- 1045 1045 155 629 623 % 108 mm. 108% 1033 10315 10343 112 e ] LAY SESH ; Washington Stock Exchange! SALES. Georgetown Gas 55—$500 at 101, :soo at 101%. AFTER CALL. A GOOD INVESTMENT e §s 2 » ta PUNB LB RNDN N ARRNTRBEO N N o é--—— - v 5. | Can Nor db 63%5'46 | Can Nor deb 7 2! If you are seeking profitable em- ployment for your surplus funds you will find it in our 6% FIRST MORTGAGES o " 86, 5 at 86%4, 8 at Washington Gas 65 Weshington Rwy. & Elec. pfd—3 at 8615 Potomac Electric 6% pfd.—10 at 110%, 5 at 110%;. Potomac l\ectflc 6s 1953—$1,000 at 108. Potomac Electric 5'2% pfd. at 1064, C. & P. Tel. of Va. 55—8$100 at 101. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Bid. Amer. Tel. & Tel. 4125 '39. Am. Tel. & Tel. ctl. tr. Anlcmul& Pot. R. R. 58, . & Pot. Guar. 5s. of Va. b8 | Can Pac 68 ‘54 | Cent 111 E&G 5 Cent Pac 1st & | Cent Pac 55 '60 Cen Ry NJ gn 55'87 IClolCom LI C&Ogen 4%s'93. C&O ¢%sB 9. C&Oconbs'39.. CB&Qgn 48’58, 2ppaeted Over a Third of a Century Without a Loss to an Investor » B! 8535 Nor Pac r1 68 2047. Nor St Pw bs A *41. Norway 656 Norway 5%s o o EE 4 El 5 78l & Rel saa it Cities Service, E 8 Cit Srv Gas 8314 1064 Not only generous return, but with principal amply protected by mortgage on conservatively apprais- ed improved Washington real estate. oonis! Fa<adcacaPen! 55 2 Norway 6s '52. Ortent Dev 6% Orient Dev 6s ! Pac G&E 5843 Pac T&T 15t 6 Pan Am Pet Paramount 68 '47... Param-Pub 5%3 50 Parls Or 5%s68.. Pathe Exch 7337, Penn 43%s D ‘0. Penn 4% Penn b5 ‘64 Penn gen 68 Penn 6345 " Penn P&L 4%s 81, L Asked. ' 3 P & L b 1 Einaha Py e i 1Det ¢ Gas 01 A 14 t C Gas 5s B 4 Boet Ut Tay Bs A 1Elec P&L 5 1 Emp Dist Bl & May be purchased in amounts from $250 up. ty & Sul Chi&NW gn 3%s'87 Chi&NW 4%sC" x‘l 4| Chi& NW 4% s'49.120 | CRi&NW rf 68 20:1 i | Chi & NW 63836, Chi Rwys b8 ‘27 Chi RI&P gn 4s Eec Cons, 5% Botomac Blec. 88 1953 n G % ash. Gas 6 W ges of e E MISCELLANEOUS. rber & Rose, Inc.. 6% vy Chage Club b%a: umbla Country Ciib 8ias. Jog Paper Mig. 6s. St 8618 Biorase 55, 17 Georgia Pw Loiletre 8 Rz, s 40 10 Gecb B 6las Peru 6s'60. . 4 Gulf Oil Pa Bs Peru 6s ‘61 Phila Co 53 '€ Phila Elec 4s T Phila & Read 6549 Phillip Pet 6% 539 Pillsb F' M 6543 rirellf 78 °52 . PCC&StL 53 B *75 Poland 6s '49 Poland 7s *47 Poland 88 '50 Port Gn El 4% Por R Am T 68’43, Pos T4 l&CS:'H 3 Unit EI Ser 7 ww—With warrants. Without warrants. B. F. SAUL CO. National 2100 925 15th St. N.\W. CTH&SEIn § Chi Un Sta 4%s Chi Un Sta 6%s'63. H C& W Indcn T Inans Bt % & Intern Sc Axg B85 47 A Four Die in Fish Plant Crash. HALIFAX, Nova Scotia, November 17 (#).—Four men were killed when a fish plant collapsed yesterday. Two others | were injured. THERE IS NO -‘SUBSTITUTE FOR SAFETY Chile 65’61 Jan Chile 65°63. Chile 75 '42. Chile Cop db 55 47. Chile Mtg Bk 65 '61 57 M . | Chl Mtg Bk 6% o 37 com. (7). Waeh. RwY. & EL pid. (6) . The following figures erely represent minimum prices fixed by Washington Stock Exchange. NATIONAL BANK. ital (8) . lumbia ‘4] 4 mimercial (stamped) (6) Pm'“h:‘ RUN tl Bl & m!r 8 Tr. (2). berty (7 3 u"f";‘oxh o eiropolitan (16) Rlves Prussia 6%s ' 4 2913 gaie 55' Chin GVtRy 58 uv CCC&St L 4% Clev Term 4%s'17. Clev Term s B '73. Clev Ter 533 SA "72. Cologne €%4s '50... Colomb 6861 Jan. Colomb 68 "61 Oct.. Colo & Sou 4% ‘80 Col G&E 68 52 May Col Gas&El 63 '61. | Com Inves b%s 49" Cons C Md rf 68 ‘50 Pub Sv G 4345 '70. Pure Oil 5% 3837 Pure O11 5% Queensland 7s *¢1.. Read Co 4%s A "97. Rem R 5% sA’¢Tww Rhinelbe U 78 '46. ., Rhine West §5°'52. Rich Ofl Cal 63 44. Rio de Jan 6%s '53. R Gr Do Sul 6s 68 9'/! 3 No. 70 of & Series of Reasons why—w S:;mnflon @) selecting @ bank—the Columbdia National TBVS’I‘ COMPANY. Merits YOUR Consideration, er. Bec. & Tr. Co. (15) atl. Be S \Bce Oeorecs BX. & Tr. (3) nfon Trust (8s) .. b ash. Loan & Tr (14) Grain Market Convenience and Helpful Ad- SAVINGS BANK B st 0 United States (30) Wash. Mechanics PIRE INSURANCE. merican E e Natlonal Union (13) TITLE INSURANCE. Co. pra. (g) lel%n Monotype (¢ ptd inotype (4 e. & Inv. ptd. (6 vus Stores pic, (6% t. M. ptd. (6; Wash. Med. Wdwd. & Lothrop com' (1.20) Wdwd. & Lothrop pfd. (7 *Ex dividend. bBooks closed n28c extra 130¢ extra. §19, extra eli3% extra. BONDS. -Nayy Club Se. em.‘! M\:.b sk [0 ower politan. Glub % itional P ington Suburban Minimum price. S oL Vlnll Bl‘n:: Surance ‘Bail Club. ‘Bavines Con Pow Japan 7s. Consum Po; . | Cuba RR rf 7% Cuba Nor 53 s'42. Crecho 88 '51. Ceecho 85 '52. | Del & Hud 6% Denmark 4%4s { Denmark fs 4 Denver Gas §s D& RGr4%s D& RG W bs Det Ed 4%s D '61. Det Edison rf 55'49 Dodge Bros 6s 40. | Duguesne 4138 '67. Dutch East 1 6847 Dutch East 1 6s '62 El Salvador 85°48. Fiat deb 784 Finland 6% ¥iniand 7s 60 Fla E Coast 58 " Fram Ind 7% French Gov 7 French! Ger Cen Bk 78 '50... Ger Gen Elec Ger Gov 5%8'65. . Gzrman 6%s '50. German Rep T 4 40 Goodyr Rub Grand Trunk 7s'40. Grt Nor 4%s E'77. Grt Nor 4%s D '76. Grt Nor6sC'73.... 10 | Seab A L 6s A 45, | Snel U Ot 58 47... Sou Ry 61485 Rio Gr W clt 4" RIAr& L 4%s "l Roine 6%3'52. Royal Dutch 4n 45, StL IM R&G 4s'33. St L&SF 43 A 50.. StL&SF4%s'T8. St L&SF 53 B'60. St L SW 1st b5 '53. St P Un Dep 58°72. Sao Pau 7s *40. . Sao Paulo 85 '36 Saxon P W 6%#'51. Saxom 78'45. Serbs Serbs-Cr-81 Brebmaamnemoh | Shell U O 68 4sww. Shinyetsu 6%5 ‘52, Sinc O1l 6% B'38. Sinc Ofl T8 A '3T.... Sinc Cr O 5%s '38.. Sinc P L 5842 Soissons 65 ‘36 Solvay Am 6! Sou Bell TAT 58 ‘41 SW Bell T 65 A '64. Sou Pde col 48'49. R I AN P SRy Sou Ry M&O 4 Sou Ry 5894 StOIIN J 68’4 StOIINY ¢%s 5. Sweden 538’5 Swi 5'46 Taiwan EP‘%I"’I Tenn El P 63 A ‘47 Tex Corp cv 5844, 115 Tex & Pac s B'7T. Tex&PSsC'9... Third Avrf4s60. Third Av 18t 5537, "\ Third Av adj 5s 60 Ton P} Toklo 5s Tokio 5143 ‘61 Tokio El Li 1 61582022 101‘ Yxotn S&T (1] llfl! 103 108 Pennsylvania Railroad common-share earnings, 9 months ended September 30, 48 cents, vs. $1.16 Seaboard Air Line Railway deficit, 9 months ended September 30, $7,282,477, vs. deficit $4,835,770. Retall Trade. First Natlonal Stores sales, 4 weeks ended October 29, off 59 per cent. Lerner Stores Corporation October sales off 19.6 per cent; 10 months off 16.4 per cent. Wil-Low Cafeterias, Inc., October net profit was $30,707 vs. $28,569 in Oc- tober, 1931. Sales. High. Low. Close. Un Pac 1st 48°47.. 97% 9T Un Pac 4s 6! . 8% Un Pac 4%s . 5 85 Unit Drug 68 '63... 34 5 494 Utd King 6%s'37.. 8 104% U S Rubber §s"47.. 44 Un St W 614 A'4T, 39% Un St W 638 A’51. 38% VA St WeksC'51. 38% Upper Austria7s'4s 465%% Uruguay 6s ‘60 Utah P& L 68’4 Util Pw 63’69 ww. Utfl Pow 65%8 ‘47 vanadium St 58’41, Vienna 6s'52.... Va Ry & Pw 08 '34. Va Ry 1st 63 A '62. CHICAGO, November 18 (#).—Respon- sive to Liverpool quotations higher than expected, grain prices here showed an early upturn today. Reports from Liver- pool said Argentine crop estimates were being reduced. Opening unchanged to 35 advance, Chicago wheat futures held near afterward to the initial limits. Corn also started unchanged to 3 higher and continued firm. A greater tendency to accept current values as having discounted adverse conditions was noted by some wheat trade authorities. It was pointed out, however, that much would depend upon the volume of December liquidation still to be encountered. More confident feeling prevalent, though ascribed large- ly to lowness of prices, was also assert: ed to be based on more definite ideas as to likelihod of substantially lessened production of domestic Winter wheat the coming season. Assertions were likewise emphasized that American 1932 Spring wheat crop had been overesti- mated about 30,000,000 bushels. Rumors of crop damage by rain in Argentina accompanied advances of wheat_values. Firmness shown by the New York Stock Market led also to some purchasing of wheat futures. Sca tered selling, however, on the part of holders of December wheat contracts brought about reactions at times. Corn and oats fluctuated in unison with Wabash 2d 5s Wabash 6%s Walworth 6 Warn Quin ‘Warren Bros ll 1. Warsaw 18 'll.’ West Pac 53 A'46 Wes: Un:nrn- .u Westphalia 65 '63. Yokoham: Wheat. Little was doing in provisions, and prices were nominally unaltered despite hog market setbacks. Open today, July - 19 T2 per cent ‘mortgage sinking iund bonds of the Eastern Cuba Sugar Cor- poration, it was announced today.| Charles Hl&dnfl of the New York Slockl Stone & Co. e dafman: Capital $250,000.00 Surplus $500,000.00 FRANK J. STRYKER, President Have Helped Many People to Acquire Independence For it is through the knowledge of the simple fundamentals of succe: ful savings that you can acquire financial independence, without which no wealth can be accumu- lated. We urge you to open your account with the COLUMBIA NA- TIONAL BANK today! WE PAY 3% INTEREST ON SAVINGS . CONVENIENT HOURS Dally, 8:30 to 3—Saturdays till 12 O’clock Open to 5 p.m. on Ist and 2nd, 15th, 16th