Evening Star Newspaper, December 5, 1932, Page 15

A * At the same time a number of the bet- » Metropalitan (10) Rigs . FINANCIAL. TREASURY LOANS DISPLAY REAGTION Lib 3%s 82-47. .0 101!0 101 BOND THE EVENING STAR, WASHINGTON, D.. C, ON NEW YO STOCK EXCHAN Received by Private Wire Direct to The Star Office. UNITED STATES. (Bales are tn $1,000.) Lib 1st 4 32-3' Pressure on Bond Market Eases Slightly, but Tone Still Heavy. Bpecial Dispatch to The Star. NEW YORK, Dccember 5—The ex- | Abe s 3%5J 40-43 .., 101 11 100 29 1027 1042 . Close. 101 28 101 28 1 1011 1011 Lib 1st 4% s 32-47 1026 Lib 4th 4% s 33-38 103 18 7 6 8 » 108 pectation that there will jbe some an- | ydams nouncement shortly regarding the De-| A cember 15 Government financing led to | 7 lleghany 5s "44 Alleghany 58’49 llegnany 58 50 a moderate reaction today in tne arly | Ajjjs.Chalm 55'37. he list of Treasury issues.| Am Chain db 6s'33. Sindas dn 2 mF P 5s2030.... 30 It is understood there will be two |4 classes of offerings and that again there | . AmIG Ch 5% 9. m Metal 5138 '34. Sales. High. Low. Close. 5 88 2 7 5 1 1 8 13 will be a substantial block of short-term | Am Sm&Ref 5s '47. 51 peper available to those who wish to| 4 subseribe for it in the polcy of the Treasury toward \ long-term bonds. It is known that| some of the larger New York banks \ have intimated that they would be | friendly to an issue with a fairly long maturity if the rate of interest is right. Rails Poorly Supported. There was not quite so much pres- sure against the market today as at th end of last week, but its nevertheless hea: Railroad issues |y were poorly supported, with more evi- dence that some liquidation is taking place in the better gra obligations. Sentime! has naturaily been affected by the con- stant decline n junior issues and by a growing feeling that further railroad re- ceiverships cannot be avoided in 1933, A block of Wisconsin Central 4=, which declined about 10 points last week and B closed at 28, was offered today at 20. In the industrial list Lehigh Valley Coai 5s were offered for a bid 3 points under Saturday's last price. Richfield Oil 6s declined another point and are now 10 points under the high made after Standard Oil of California’s terms for purchase were announced. United | smtcs Rubber 5s were heavy and the notes of the company in the outside market dropped several points. Active public utilities like Interborough Rapid 'namt 5s and International Telephone 4%s were fractionally down. Foreign List Down. The main interest is | Am es of carrier | 4y toward them | ¢} Guif& W1 Australia 4 Australia 5 Australia 5s " Austrian Austrian mS 6837 \m T&T ¢ tr 584 m T&T deb m T&T deb m T&T 5% Arm & Co 4 tone was | 31 50 t CLcl4 3& 0 1st Belgium 7s '56 Benef Loan 6 Berlin C El1 6%8'51. 15 Berlin C El 6145’59, 16 Beth Stl pm 5536 The foreign list showed declines in| Bolivia Ta’5 British, Australian, Argentine and Ca- nadian loans, with Belgians and French issues somewhat higher. Germans were not much changed by the new political set-up established in Berlin. There was & small advance in the Colombia Mort- gage Bank bonds. The reduction in bill rates did not check the decline in some of the Gov- ernment issues. In the afternoon the 3s were off 33 from Saturday's closing. ter-grade public utilities reached new high prices for the year. American & Foreign Power 5s were at the lowest on | 1 this movement, Chicago & Eastern Tlirois 5s drcpped 3 points, which car- ried them back to the level just befcre the Novembsr coupon was paid and from which they rose 7 points. There were small losses in Missouri Pacific, Rock Island and Northwestern issues. ‘The Baltimore & Ohio group was steady. (Copyright, 1932.) DECLINE IS REVEALED IN PUBLIC FINANCING NEW YORK, December 5 (#).—New public financing Jn the United States for the first 11 months of this year totaled $614,354,000, exclusive of domes- tip and Canadian municipal issues, ac- | Bolivia 75’69 Bolivia 85 '47 Bordeaux 65 '3 Brail 6% Brazil 6% Brazil C R Brazil 8s'41. Bremen 7s'35..... Bklyn Elev 6%s. .. Bkiyn Man 65 A '68 24 Bklyn UnGas5s'45. Bklyn Un Gas 5s'50 Bklyn U Gas 58 '57. | Budapest 6562 Buenos A R 6s uff Gen El 4% | Bush Ter con . Bush T Bldg 5s'60. Canada 4s'60. . Canada 435 '36. Canada 5s '52 Can Nat Ry 4348’51 Can Can Can _— Can Can} Can Nor 438 '35. .. Can Nor db 63s'46. Can Nor deb 7s '40. CanPacdbds..... Can Pac 43560 Can Pac §s 44 ctfs. Can Pac 5s '54. Cent Gacn 5s'45. .. Cent Pac 1st 45 "4 Ches Corp 5s 47 at Ry 415'66 At 43, 68 at Ry 4% s’ 55 at 5569 Tuly at5s ‘69 Oct. cording to a compilation by National | C & O gen 4%s Statistical Service, Inc. This aggregate is | ¢ 72 per cent under a year ago and 87 per cent below 1930 volume for the same | C period. Bond and note issues accounted | C for 98 per cent of the 1932 total, new stock offerings amounting to only $7,~ &0 4%s A" e O 4%s & O con 5539 B &Qgn 45 Chi & Est 111 58° Chi Grt West 4: 596,000, Chi Ind&L gn 6: c Acceptance Rates Cut. o NEW YORK, December 5 (#) —Rates on bankers’ acceptances were cut an- other 4 of 1 per cent for all maturities, | I StP&P 55 & St P adj bs. R&NW 438 2037 6. lishing a new minimum rate struc- | Chi RI&P gn 45 'S8 ture in the acceptance market and Chi RI&P rf 4s lacing maturities up to 90 days on a | ChiRI&P 4 -3 per cent basis. The action was no surprise, inasmuch as some dealers ChiRI4%s’60.... CTH&SE 1st 55'60. have been shading rates for about two | “Thgfihln 55°60... months past on choice names. | Chi Un Sta 415763 _— Washington Stock Exchange|c c SALES. ‘Washington Gas 5s—$1,000 at 1013 Chi Un St 55 '44. | Chi Un Sta 635563 & W Ind cn 4s'52. & W Ind 514562 Childs deb 55 '43 Chile 65 '60 Chile 65 '61 Potomac Electric 5%% pfd—10 at [ Shile 85781 107%;. Chile 65 '61 Sept Potomac Electric 6% ptd.—1 at 110, Bid and Asked Prices. BONDS. c PUBLIC UTILITY. Amer, Tel, & Tel 4%s 30 . & Tel. ctl. tr. Amacostia & Pot. R, R. bs Ana. & Pot. Guar. bs. Bid, Asked. Chile Cop db 55 '47. Chile Mtg Bk 65’61 11 Chl Mtg Bk 618°57 4 in Un Trm 58 2020 Cley Term 43%s'717. Colomb 6561 Jan.. 39 - | Colomb 6561 Oct. 95 41" | Colo & Sou 414535 Col G&E 55 '52 May 18 . & P. Tel. of Va. bs.... ey 3 ) S. & B el of Va, bx Ll 10 Col Gas & E 53°61.. Capital Traction R. City & Suburban 55.. Potomac Elec. 6 S s Washington Gas 413s. 2 Wash. Rwy. & Elec. 4s. a MISCELLANEOUS. b Barber & Ross, Inc, 6%3s 50 | Chevy Chase Club 5'3s. 100 Golumbla Country Club 5as.. 100 D. C. 15 Vash. MBE Solf storase 50 o1 STOCKS. PUBLIC UTILITY. Amer. Tel & Tel. (9).. Capital Traction Co. Wash. cas Lisn: Co. (1) W, Steamboat, (3 103% y. & Elec. co Bw: &viec. vid The following figures are not bids, erely represent minimum prices fxet ¢ Washington Stock Exchange. NATIONAL BANK. Capital (8).. Columbla (12} ‘on Gas N Y 5857, | Con G NY 535 45. Con Pow Japan 7s * | Cuba 5%s’45 ‘uba R R 1st uba RR rf 7 x/,s 3 Denmark 4%s 6 Denmark 5%s Denmark 6s 42 | Dodge Bros 65 "4 Duquv«m\ 4% A *67 11 Mar. 165'47. Salvador 8s'48 Eierty™ Gyl S oo 1 Erie gen 4596 Lincain _(10) @ TRUST COMPANY. ‘ashington F Dhion Frust (8- ; Wash. Losn & Tr. (14} ie ref 55 Finland 535 '58 | Finland 6s 45 Fisk Rub 88 '41. Fram Ind 7 18’42, rench Gov French Gv 7 Gelsenk'hen 6s SATTNGN BANK. Gen Motors 65 Bank of Bethesds, (51). m. & Savings (10).. Gen St Cas 5%s'49. st Washington (12) 3 Gen Th Eq 65 '40. . Pow'nnc (10) . & Com. Bk. (10¥).. Venth Street (0) Dnited States (30) Wash. Mechanics (20) . FIRE INSURANCE American (12).... reoran (10) remen’s (%) e lational Upion’ (15} 'n"n.r INSURANCE. Columbia ceee . 7 Real ES\nle \':hl PR ceens C MISCELLANEOUS. ¢ Col. Medical Bldg. Corp. Disi. Naul Sec. pid, |G Ger Cent Bk 65°38. Cen Bk 6s'60 J | Ger Cen Bk 75 '50. . Ger Gen Elec 6s Goodrich 6 300d3 irand Trunk 6s ‘36 rand Trunk 7s '40 it Brit&Ir 5%s5°37 81 103% 103 Grt Nor 4%sE"T. 5 3rt Nor 53s B '52. 10 10 Chi& NW 4%s'49. 28 | Chi&NW rf 55 2037 | Chi & NW 6145 " 2 8 1 5 21 kd 2 2 Com Inves 534549, 41 Cons C Md rf 5 '50. 10 Con G NY 4%s'51.. 11 13 13 19 1 Grt Nor gn7s’36.. 49 Greek 6s'68.... 2 Hav Elec 538’51 Hoe & Co 6%s '34 Hudson Coal 58 Hud & M adj 53 °57. 1024 1024 10314 10316 9531 9531 9719 9719 1018 1018 100 27 100 27 1023 1025 104 104 107 30 108 88 88 88% 104% 4 106% 105 108% 10315 107% 89 89 41 41 45% 454 45% 45% 45% 105% 10614 1031 103% 107% % 5 101% 100% 100% 9% 991y 99% 87% 1% 37 16 % 111% 697 804 100 100% 100% 100% 100% 60 41 100% 100% 60 53 63 521 « 1004 118% 124 124 58 58 102% 102% 61 1|m~.l 118% | 124% 58 102% | 61 2 55% 48% 9515 99% 99y 103% 44 4814 443 4815 4415 4815 Sales. High. I CCStL&N 6sA.. 8 42 111 Steel db 4%8°40. 10 Inland St 4348 A’'78 1 Int Rap Trrf 68’66 29 Int Rap Tr 6s'32 Int Rap Tr 75’32 Int& GtNGs B’ Int & Gt Nor 6s " Int& G Naj 6s Int Cement 5s "48... Int Hydro El 65'44. 29 Int Mer Mar 6s’41. 1 Int Pap ref 5s A'47. 12 Int Pap 6s'65. Int Ry C A 5s lntT&TU,s'sz z Int T & T 5s'55. Italy 7s 51 Italy Pub7s Japanese 5% Japanese 6% Kan C F S&M 4836 12 Kan C P&L 43561 Kan City Sou 5s'50. Kan City Ter 4s Kan G&E 4 Karstadt 6s Kend 5 Kreug Laclede Gas 5s'34. Lake Shore Loriara Lorillard " PR T T {SI VR PPN o ey Market St Marseille 6s'34 Milan 6%s '52 Mil E Ry&L Mil E Ry&L 15 MK & T adj MK & T Gs A '62 Mo Pac gn 4s Mobile-Ohio bs Mont Pow 5s"43. .. Mont T 1st rf 55’41 Mor&Co 1st 41 8'39 Power 46s T & M in NH&H 6s'48. ., ¥ O&W rf 4s'92., 6 N Ger Lloyd 6s'4 NorOT&L 6s'4 Nor Pac gn 3s 2047. Nor Pac r 1 6s 2 Nor St Pwis A" 11> Norway b5 '63. Norway 53%8 '65. Norway 6s '43. Norway 6s'44. Ogden&L Ch 45’48, Ore Sh L s gtd '46. Oreg-Wash d4s'61.. 1 Orient Dev 6s '53... Pac G&E 55’4 ] Pan Am Pet 6s"40.. Paramount 65 *47 Param-Pub 5%’ Penn 4% s D '81 Penn cn 45’6 Penn gn 4% Penn 4% s'63 Penn 55 '64. Penn 65536 Penn P&L 4 Pere Marq 4 %5 'S0. Pere M 1st 55 '56. Peru 63’60, Phila Elec 4s'T Phila & Read 6549 Philippine R PCC&StL 455 C P& WV 43%s (" Poland 6s 4 Poland 7s "47. Poland 8s '50. Port Gn E1438°60, 9 Por RAmT6s'42., 8 Pos Tel & C 5s'53.. 22 Press Stl Car §s 'Il Z Prussia 65" Prussia 61 B Public Serv 48 " ‘1 .15 TubSvG4%s’'67.. 9 Pure Ofl 5%s'37. 9 Pure Oil 5%s'40.., 10 Queensland 65 '47.. 25 Queensland 7s Read 4% Reading 4% Rhinelbe U 7 Rhine Ruhr 6s Rhine West 6s Rhine West 6s Rhine West 65 °55.. Rich Oil Cal 6s'44. RioDeJan ext !s 05 Rio Gr W 15t 48 tio Gr W clt 4849, BT Ax & LOLNRE 1) Rome 6% Royal Dutch 45 45+ Rumania 78 '59. . StL IM R&G St L&SF 4s A StL&SF 4%s'78. 20 StL SW 1st 4s'89.. 1 StPRKCSL 41541, San A & A P 4s'43. o Pau 7s '40 . o Paulo 8 Shell U O 5s'49ww. Sinc Ofl 6% s B '38. Sinc Oil 7s A '37. Sine Cr 0 5%s'38.. Sinc PL5s’42..... Skelly O1l 5%s 39 Smith(A0)8 Sou Bell T&T SW Bell T 5s A '54. Sou Pac rf 4s°55. .. ou P 43569 ww Sou P&OT 4 % 8A'TT Sou Ry gn 45 A'56. Sou Ry &n 6s '66... Sou Ry 6% 56.. Sou Ry M&O 45 '38. St OIIN J 5846 StOIl N Y 4%s'51. Studebaker 6s42.. Sweden 5%s "54. Taiwan E P 53%s'71 Tenn Cop 65 B '44.. 561 19% 5514 19% 554 19% 10 40% lih Tenn EL P 65 A '47. Ter As St L 4 3 Tex Corp cv 58 Tex & Pac 5s B'77.. Tex & Pac 55 D'80. Third Av adj 5s°'60. 10 Third Avrf 4s'80. . 14 | Angene, which makes a patent powder | | principally used in bleaching wheat | | crease in dividend rate (now $4) will ;| sppeared as’vet on the Curb tape. PRICES UNCHANGED AT CURB'S CLOSE Last-Hour Sales Offset Most of Gains Made Earlier in Day. BY JOHN A. CRONE. | Special Dispatch to The Star. NEW YORK, December 5—Stocks | on the Curb Exchange today closed with slight price changes as last hour- selling canceled most of the gains rec- ords earlier in the session. Among the market leaders, Electric Bond & Share, which was ex-dividend today, ran up more than a point at one time, but slipped back in the late trading. American Gas & Electric was more active than usual on a fractional rise. Cities Service eased in the last hour, while Standard Oil of Indiana firmed up. Koppers Gas & Coke Co. of Pitts- burgh declared the regular quarterly dividend of $1.50 on the 6 per cent preferred, but the stock was inactive. ‘Wait on Sidelines. Pending some definite idea of the outcome of the debt problem and ac- tion on various problems in Congress, traders preferred the sidelines. In this attitude they were encouraged by the various news of trade made public over the week end and the renewed decline of commodities, as shown by various in- dices. Outstandingly strong in today's fore- noon session was the stock of Novadel flour. It is said by the market sponsors of the stock that 1932 earnings will ex- ceed those of 1931, which were $6.02 a share, and that “it is rumored an in- take place.” On the publication of such an analysis, the stock reached a new peak for the year. It is now more than | double its low price of several months | ago. One of the few commodity indices that did not decline during the last week was chemicals, which perhaps, accounted for the activity and stead- iness of American Cyanamid B. Monroe Chemical declared its regular quarterly preferred. Eastern Steamship also paid its regular preferred. Although the street hears there has been some accumulation of the motors on a down scale, in anticipation of the New York automobile show next month —such stocks usually being given & whirl during the exhibit—this has not Auto Reports Cheerful. Trade reports from the automotive industry today were encouraging, but ‘Waukesha Motor Co. reduced its com- mon quarterly dividend from 50 cents to 30 cents. Perfect Circle, which has been reporting good business, disbursed the usual quarterly of 50 cents on the common. The store group is another class of | securities acting in an unseasonal man- | ner. Usually they are being bid up in anticipation of Christmas business. J.| J. Newberry, however, eased today on its first few trades. ~ Butier Brothers | also was a shade lower. National Bellas Hess was firm. Mangel Stores pointed upwards. Commonwealth Edison for a time was the weakest spot in the higher- priced public utilities, as it opened off | 3 points. Later it recovered partially. | Metropolitan Edison preferred and Elec- tric Bond & Share $5 preferred eased | while ‘New York Telephone preferred and Cleveland Electric Illuminating | moved ahead. (Copyright, 1032.) Grain Market CHICAGO, December 5 (#)—Helped by a sharp decrease of 4,637,000 bushels in the United States wheat visible sup- ply total, breadstuff prices scored a | material advance today. | There were reports of big overseas | 717 | business in Canadian wheat. but pur- 9g7g | chases of only 1,000,000 bushels were 79 9 90 39 40 4 | bushels under that of a year ago. confirmed. Today's decrease of the United States wheat visible supply put | the total down to more than 46,000,000 Flour | manufacturers were reported moderate | | buyers of wheat, owing apparently to | possibilities of enactment of the domes- i 514 | tic_allotment plan by Congress. % | 80 | gress today was known on the Board |vember sales of F. W. Woolwerth Co. 97 42 23 74 | 100 Defeat of prohibition repeal in Con- |of Trade 5 minutes before dealings ended for the day, but had no special | | noticeable effect on [.{ram values, | Wheat closed firm, 12all; above Sat- urday's finish; corn, lpa® up; oats, 14a% advanced, and provisions un- | changed to & decline of 2 cents WHEAT— en. High. Dedermber -.. 43 AVIATION CORPORATION MEETING IS SCHEDULED NEW YORK, December 5 (#).—A meeting of the newly elected Board of | Aviation Corporation of Delaware s expected to be held early this week. Carrying out the compromise reached by the Cord-Cohu groups, the board was reduced from 35 to 16 members last week. Some financial quarters be- lieve there is a possibility of further changes in official personnel with the convening of the new directorate. New Insurance Gains. CINCINNATI, Ohio, December 5 (#). —New business receipts of the Union Central Life Insurance Co. during No- vember totaled $12,713,244, an increase of 21 per cent compared with the same month of 1931. It was the largest | monthly total since April, 1931. Insull Auction Delayed. NEW YORK, December 5 (#).—The |auction of securities held as collateral by New York banks for Insull com- panies’ loans was postponed again today, this time to January 3. Un St W 61s A'7. Un St W 6ls A'51. Ud St W6%s C'51. Uruguay 6s '60 Uruguay 6s ‘64 Llah P&Lbs'44 Va Ry & Pw bs'34. ‘Wabash 2d 5s°39.. Wabash 5s D '80. Walworth 6s A 45. ‘Warn Quin 6s°39. . ‘Warren Bros 6s'41. 4 ‘West Md 5%s'77 ‘West Pac ilA'“.. | ings; | active and higher. MONDAY, DECEMBER 5, 1932. N. Y. CURB MARKET Received by Private Wire Direct to The Star Office. Stock and Dividend Rate. Acme Wire vte. Afr Invcv pf. Alabam Pw pf (7 Alexander Indus.. Aluminum of Amer550s Alum Co Am pf (3) 60- AmCitlesP &L B., Am Cyanamid B... e Am Dept Stores. 1 Am El Sc pt pf n.'- Am & For Pw war., 3 Am Founders. Am Gas & El lxl)‘ . AmLt&Tr(2%).. Am Maize Prod (1), Am Maracaibo..... Am Superpower Arcturus Radio T.., Arkansas NtGs A.. Sale— Add 00. High. Low. Close. 6% _ 6% Te "o + 43% 39% 3% % % oru| 43% 39% 3% 18% % 8 Ba 2 S NS oA ABR =S RN Atlas Utilities. Bellanca Afr vte. Blue Rid Brasilian T, L &P, Bulova Watch cv pt Butler Bros, Cable & Wire A rcta Canadian Marconi. Celanese pf (3%) gg- Cities Service Clev Elec Illu 1.6 Clev El Illu pf (6).. 408 CelG & Ecv pf (5). 26s Col Ol & Gas vte... 38 Comwlith Edis (5).. 3 Comwlth & Sou war 21 Cons Gas Balt 3.6 3 Consol Retail St 3 Cooper Bess pf A 2 Cord Corp. . 5 Corroon & Re)no!d: 3 Corroon & Rey pf A 1 CosdenOflcod.... 1 Creole Petroleum 1 Crocker Wheeler... 1 Crown Cork Intl A.. 2 Deere & Co. 2 ] De Forest Radio. 9 Eastn States Power 1 Eisler Elec Corp... 4 Nl Bd & Share b6 % 266 BIBd & Sharepf6. 1 Elec Pwr As(A)60c 1 Elec P& Lt 2d pf A 50s Elec Sharept ww.. 1 2% Y 177% 33% 41 12 40 40 Cotton Market NEW YORK, December 5 (#)—Save for a little Southern selling and scat- tering liquidation, which was absorbed by trade buying and covering, business in cotton was quiet today, and fluctua- tions correspondingly narrow. A slight opening decline in response to relatively easy Liverpool cables was followed by rallies in sympathy with the steadiness of the wheat and stock markets, with March contracts selling up from 5.66 to 5.74, or about 2 points above Saturday's closing quotations. The midafternoon market was quiet | and barely steady, with prices net in- | changed to 2 pcmls higher. High. Low. 0 5.55 550 5.5 575 584 6.00 December January March May July . Oclnbl\‘ Markets at a Glance NEW YORK, December 5 (#).—Stocks heavy; repeal issues weaken. Bonds irregular; rails steady. Curb irregular; early rise lost. Foreign exchanges ir- regular; sterling rallies. Cotton lower; local and Southern selling; lower cables. Sugar steady; trade buying. Coffee steady; foreign buying. CHICAGO, December 5 (#).—Wheat firm; bullish taxes and Nebraska crop advices; good decrease visible. Corn steady; small Southwest country offer- decrease visible stock. Cattle slow; steady to lower. Hogs moderately MONEY MARKET. NEW YORK, December 5 (#).—Call money steady; ruling rate, 1 per cent. Time loans steady; 60-90 days, 15; 4 months, 3; 5-6 months, 1 per cent. Prime commercial paper, 1}3. Bankers' acceptances unchanged; 30 days, 3al 60-90 days, 9%alz; months, a 5-6 months, 1al7 g % 5k Woolworth Sales Drop. NEW YORK, December 5 (#)—No- totaled $20,215,612, a decrease of 8.1 per cent from a year ago. October volume was off 14 per cent from 1931. BONDS ON THE CURB MAREKET. —_—— Salesin ~ DOMESTIC BONDS, hotaands h. 1 Alsbam Pw_4! g’s 55 Amer P & T os %80 e e Brmngm EL i' 5: 13 Indnp P&L % fnsull ms‘c“ B 40, 3 ass Gas 55 5 ass Gas 525 d Wat U RERRRE] 3 2 £ arragansett 5s 575 E 5 76¢ 76 52 an?‘c l"l‘. P 'VW 9613 Hfl 5 1081 umx. 13% 'r 1011 0 6814 001081 RS A DR 3SR NS 2S4S 6% | Electrographic. . RS 2 e BB D -l *@g panxs SanBs2ILEoIe W oo i o Stock and Dividend Rate. m 00. M "l' Close. Europ Elec deb rts. Evans Wall Ld pf. . Fisk Rubber (new) Fisk Rub pf(new).; Ford Motor France, Foremost Dairy pf. Glen Alden Coal. .. Globe Under (k20c) St i 00 N Gt A & P Tea pt (1) !0- Gulf Oll of Pa.. Horn (AC).... Hudson Bay Min. ., Imp Ol of Can 80e... Ins Co N Am (2). Intercont Pet Int Ut B. ., Int Hy E1§ Int Petrol (1) Italian Superpw A.. . Kelly Spring T new Kerr Lake. ... Kirby Petroleum. ., Lake Shore Min(13) Lefcourt Realty... Lehigh C & N 80¢ Leonard Oil Lerner Stores Lerner Strs pf ww Long Is Light(40c). McCord Radiat B.. Mangel Stores. Mass Util Asso. Mavis Bottling A. .. Mercantile Strs (1) Met Edison pf (6)., 25, Mid Sta Pet vte B, . Mid] West Utllities Mid W cv pf n xw. Miller & Sons Mo Kans Pipe L... Mont Lt H&T 1% Mountain Prod 80c. % ( Nat American 4% 2% N kel Newberry J J 1.10.. l.’{‘fi New Mex & A Lnd., 6 14% d 1. 1258 116 lll‘/. 115 11 14% 13% 13% 4 4% 5 5 N Y Telpt (6%). Niag Hud Pwr 1.20, Niag Sh MAB b5 % . Niles-Bement-Pond Nitrate Chile B.... Noma Electric Corp Nor Central Texas. North & So Amer A Novadel Agne (4).. Ohio Copper. Outboard Motor B.. Parlke Davis 11.30 Pantepec Oil. .. Pender DG A3% Penroad Corp..... Penn W & Pw (3) Pilot Radio Tube A Pioneer GM Ltd 24¢ Pitney Bow P b4%. Premier Gold (12¢) Prudential Inv.... Prudential Inv pt 6 Pub Util Hld war. . PubUtlHldx w.. Pure O1l pf (6).... Reliance Int A. Reynolds lnvu(ln‘ Richfield Oil Cal pt. St Regls Paper... St Regis er pf. Selected Industries Shenandoah Corp. . Shewin-Willms 1% Singer Mfg Co (3). So Am Gold & Plat. SouCalEd pf B 1% Stand Invest em pf. Stand Oil Ind (1). Stand O11 Ky 1.3 Starrett Corp pf. Stetson (J B). Stutz Motor Car. Sun Investing, Switt Intl (14). ‘Technicolor. Tech Hughes (6 Tenn El Pw 1st (7). Texon O&Land t13% Trans Alr Trans. . Trans Lux DL P §. Tung-Sol Lamp... Un Gas of Canada. United Corp wa United Founde: United Gi United Gas wa: Unit Gas pf (3%) Unit Lt&Pwr (A).. Unit Lt & Pwr pf.. Unit Shoe Mch 2%., U S Elec Pwr ww.. US & Intl Sec U S Stores. Util P& Lt. UtHity Equitl Utility & Ind..... Walker (Hiram). Wool Ltd k25 1-6¢ ‘Wright Har t17%e. 38 “Y"Oll & Gas (A).. 4 Dividend rates in dollars guasterly or semi-annual SECT yment artly extra. a Paable m cash or ol » 3 DO S DT DN O P 10 1y e O O B 0 . & » G nuwasSnanareB8an naneEan mmes » & 8% TR ln stock. K FPlgs 10% in stocl 1B oS Sl o resulat bate, " SECURITY SALESMEN WANTED @ If you have a clientele that has purchased securi- ties still having a market value, even though they show a substantial loss, there is an opportunity to change loss to profit. @ You must have the best of references and a record of success. In answering, state your present and for- mer connections. Your re- ply will be dbsolutely con- fidential, and, if satisfac- tory, an appointment made. ® Address Box 166-A, Star Office. TO BE A SUCCESS one must first learn to SAVE. A small amount, deposited regularly in the National Permanent will soon teach the value of thrift. Open Daily 9 to § Saturdays Until Noon FINANCIAL. Equltable Co-Operative Bldg. Ass'n JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secrelary Assets. $6,251,006.24 Subscriptions for the 104th Issue of Stock Being Received SYSTEMATIC SAVING Always remember s is not what yow earn, BUT WHAT YOU SAVE THAT COUNTS. The Equitable is helping hun- dreds to become financially recognized thru their Systematic saving plan. Are you & saver thru this plan? If mot—then join today. 915 F St. NW I irst Morgage Notes Secured on residences and income - producing properties in the District of Columbia and adja- cont: Mgilon " sotirl: Safe — Profitable — Convensent « s and fixed return from money profitably invested. Pa'vnu u. to Offer Our Fa- ies for the Placing of Ymu' Investment Funds H. L. RUST COMPANY 1001 Fifteenth Street National 8100 FIRST MORTGAGES YOU’LL FIND IT VERY CONVENIENT —to have such an investment as is offered by our FIRST MORTGAGES —with this liberal fixed interest made payable at specified dates. Such an investment provides source of continuous income. The principal has back of it first trust on improved Washington real es- tate. Ouver a Third of a Century Without a Loss to an Investor May be purchased in amounts from $250 up. SAUL CO. National 2100 925 15th St. N.W. THERE IS NO S Second Announcement First Protective Committee Bandi:;lden National Press Building Corporation Washington, D. C. First (Closed) Mortgage Sinking Fund 5%% Gold Bonds, due April 15, 1950 At the requsst of holders of said bonds the under- signed have agreed to act as a protective committee for the holders thereof who shall deposit their bonds with coupons due October 15, 1932, and subsequently, attached, with MANUFACTURERS TRUST COMPANY at its pflnci al office, 149 Broadway, New York, or with its sub-deposi 4 Federal American National Bank & Trust Company, 14th and G Streets N.W., Washington, D. C., or Old Colony Trust Company, 17 Court Street, Boston, Mass., under a protective agreement executed and now filed with the above-named depositary and the above-named sub-depositaries, copies of which are obtainable from either or any of them or from the Secretary or Assistant Secretary of the Committee. The interest on the above bonds due October 15, 1932, has not been paid, and a receiver for the National Press Building Corporation was appointed on October 17, 1932. In the circumstances it is of the utmost importance that holders of bonds should unite for the protection of their interests, and we may stat; this connection that neither this ted with it was concerned or e, or distribution of the above- named bonds, or any other bonds, stocks or debenture iunu on this property, and for that reason can act i without prejudice and in the sole interests of all first mnp bondholders. Bonds, when deposited, must be in negotiable form with coupons due October 15, 1932, and subsequently, attached. Certificates of deposit will be issued by the de- positary for bonds deposited. Forms of letters of trans- mittal will b obtainable from the depositary and sub- depositaries, or the Secretary or Assistant Secretary of the Committee. Dated, New York, N. Y., December 2, 1932. Counsel, Committee, Hamel, Park & Saunders, LOUIS P. CHRISTENSON, 500 Shoreham Building, Vice President, ‘Washington, D. C. Manufacturers Trust Co. Helfat & Corkland, GEORGE A. CARPENTER, 233 Broadway, Res! Estate, Boston, Mass. New York, N. Y. A. O. STANLEY, Nutter, McClennen & Fi Fermer U. S. Senator—Ky. 161 Devonshire Street, Member International Joint Boston, Mass. Commission; Washington, D. C. Secretary, Lawrence J. Sheldon, Asuistent gacreiacy, George Ainslie Nugent, 233 Broadway, New York. ‘Shy Bu &”_“ Tel. COrtlandt 7-8080, Vgt o ATIONg, PERMANENT UILDING ASSOCIATION 949-92 ST. N. Apsr-sa g Depositary, MANUFACTURER! TRUST COMPANY, 9 Broadway, New York Sub-Depositaries, Federal American National Old Colony Trust Company, Bank & Trust Company, 17 Court Street, 14th & G Streets N.W,, Boston, Mass. Washington, D. C 5 Hud & Mrf5s'57.. 6 82 SI% Tob P NJ 6352023 17 Humble O11 55'37.., 102'/. lm Tokio 5% Hungary 7%s'41.." 14 37Ty ag | Tokio E1Lt 111 Cent ct tr 4s'52. 59% 59% | Union El L&P 55'57 111 Cent rf 4s '35 53 53 i Un Pac ist4s’47 111 Cent 4% '66 34 34%)uUnPacs 58 H Un Pac 4s 621 39% ’ .. 385 8;33:!: ‘Westphalla. 'l 53. ‘Wh Sew Mch 6s 40 WEO5%s’'37 ww. ‘Wilks B E 1st 5842 Yokohama 6s '61 S&T Ygstn S&T 58 B'70. et L D | [ anie figg JLRESEISI2S) RS SRR sagtg;:fiisszzs 829 extra ¥235% ext 111 Cent ref 58 Unit Drug 5s 111 Cent 6% '36. . 111 CCStL&N 4%s ok U'S Rubberss s .-..RS-:B;.MWN»-.-» aaks -