Evening Star Newspaper, December 21, 1932, Page 15

FINANCIAL. CURB SHARES 34G IN QUIET TRADING Price Ghanges Are Small, With Oil Issues Reflecting Price Cuts. 1932. A—1S RAIL EMPLOYMENT GAINS. By the Associated Press. Th! lnlmll! Commerce Commis- rallroad employment which relched uxe lowest level since 1889 last August, had shown improvement from that Ume until mid-October. In the f October, the statement seid, middle 1'033.225 men were eaplogen. With 1,010,440 In September and 998,317 In August, FOREIGN EXCHANGE. ' (Quotations furnished by W. B. Hibbs & 0.) Nominas gold Selling chedks value. ey, 84 8605 33 »‘i . ¥ 361%c 19 FINANCIAL. JUNIOR RAIL BOND GROUP SELLS []FF Decling Gontinued as Offer- ings Increase—Market Continues Irregular. 'THE _EVENING, STAR, WASHINGTON, D. C. WEDNESDAY, DECEMBER 21, BONDS STOC?(EEV;(C}’I{A"NG% 8 STEEL CORSUNFTR N. Y. CURB MARKET IN STEEL CONSUMPTION Received by Private Wire Direct to The Star Office. Received by Private Wire Direct to The Star Office. By the Assoclated Press. CLEVELAND, December 21.—For the first time in more than six years, the United States has lost its rank as the world’s leading nation in per capita consumption of steel, the magazine Steel reported. Domestic consumption steel averaged 242 pounds per capits, this mr, the magazine said, while Great tain went into first place with an average of 249. France was third with 175 gaund.s per capita and Germany fourth with 149 The United States retained its lead- ership in total volume, however, with 13, 500 000 tons of an estimated world consumption of 49,160,000 gross tons this year. The decline in world pro- duction from 1931 was 28 per cent, while the shrinkage in the United States was 47 per oent Low-Priced stoch Favored. NEW YORK, December 21 (#)— Bpeculative favor seems to be turning to low-priced stocks, including some selling under $10 a share. Stock end Sale— Stock and Bale— Dividend Rate. Add 00. mnA Air Invev pt 1 Aluminum of 2508 45-« Alum Co Am pf (3) 2008 co‘zz Am Austin Carieee Am Beverage, Am Capital B Am Cities P Am Corp war. Am Cyanamid Am Dept Stor AmDept Strs pt A. 50- Am Equities. Am & For Pw war.. Am Founders...... AmGas&El (t1).. Am Investors, Inc.. AmInvest, Inc,war.8 2 % AmLt&Tr2l%).. 2 17 AmLt&Tpf(1%). 1 21% Am Superpower . 81 4% Am Super 1stpf6.. b5 67 Am Superpower pf. 1 33% Anglo Chilean Nite. 1 " Arkansas NatGas. 2 14 ArkansasNtGsA. 4- 1% Armstrong Cork... 15 4% Asso Gas&Elec (A) 18 1% AssoGas& Ewar.. 6 o 201 Mountain Prod 80c. 0 Th Mort Bk, Col Am sh 4 2% 2 AtiasUIpfA (). 2 344 Nat American Auto Voting Mach. 1 2% Bell Tell of Can (7) 1008 8% Bellanca Alr vtc... 508 & Benef Ind Loan 1% 2 11% Blue Ridge........ 2 2 Brasilian T.L&P.. 17 8% Buft N&E pf (1.60). 1 20% 508 16% 2 1w UNITED STATES. Sales. High. . Low. (Sales are in $1.000.) ..206 10211 1024 103 25 678 98 27 10122 10127 10116 103 28 10524 109 10 7 Interstato Equities 2 Interstate Eqevpt 4 fl% Interst Pw Del pf 7 40s Italian Superpw A, 1 m & | Johnson Motor. ... a Kerr Lake. . Kopper G & C vf(l) BDI Lake Shore Min(13) 6 Libby McNelll& L. 1 Lone Star G bé4e.. 1 Long Is Light (40c) Long Isl Lt pf (7). 20s McCord Radiat B.. 1 Mangel Strs pf. 60. Mass Util Asso.... Mass Util cv pf 2% lso- za- Mavis Bottling A.. Mercantile Strs (1) Met Edison pf (6).. 80s Mich Gas & Ofl. 12 Mid Sta Pet vtc A.. 16 MidStaPetvtoB.. 9 Mid] West Utilittes 35 Mont Lt HET 1%.. Goodyr Rub w57, zo Grand Trunk 8s '36 H Grand Trunk 7s *40 Gt Brit&Ir 5% Grt Nor 4%s D Grt Nor 418 E 17, Grt Nor an 78'36. . Greex 6368 Halt? 6s Hudson Coal &3 sn Hud & M adj 5s 111 Bell Tell 55 11 Cent ct tr 45 '52. Til Cent rf 43 56 111 Cent 43 '66. BY JOHN A. CRONE. Special Dispatch to The 8t NEW YORK, December 21.—Curb Exchange prices driftec aimlessly to- day, with trading about as listless as price trends. Electric Bond & Share never moved more than a half point in the first few hours. Standard Oil of Indiana was & shace lower, which was true of Cities Service. American Gas & Electric at off more than a half point. udson Power again met some at took it fractionally lower. iweek trade reviews were in ll'ne with expectations. Public utilities showed that electrical censumption in the past week was up compared with the preceding week. Crude ofl output was lower, because of the Texas situ- ation, thnuuh the cold weather brought about increased stocks of gasoline. Standard Oil of Ohio reduced tank wagon prices of gasoline from one to | two cents a gallon. Reflecting the reduced prices of pork, Trunz pork declined. Swift & Co. lost the slight rally of early morning. The only specific plece of corporate news from the meat trade emanated from | John Morrell & Co., which reported poundage sales up for the year, but dollar sales down 32 per cent, Carnation Co. opened off 4 points on s 11415 the omission of its common dividend. % 15 |Although some brands of advertised s, | evaporated milk recently were advanced, 31| Prospects for the various branches of the dairying industry remain clouded. Qrocery shares firmed under the leader- ship of Great Atlantic & Pacific Tea | preéer!edm esponding to the gasoline price cut, Btandard Oil of Ohio opened dgwn more | than a point. Cuneo Press was off | the same amount in a few trades, as was Aluminum Co. of America pre- fered. The metal group moved errat- fcally. Roan Antelope, Newmont Min- ing ‘and a few other copper issues ranged from steady to firm as elements | of the trade predicted that some sort | of copper curtailment agreement would | be reached despite the recent formal break-up of the world conference here. Italy’s only gloomy business districts | are amppxnz centers. | —_— ——— 0 0 A Organized 1879 53rd YEAR COMPLETED Equitable Co-Operative Bldg. Ass’n JOHN JOY EDSON, President WALTER S. PRATT, Jr., Secretary EY CHARLES F. SPEARE secial Dispatch to The Star. Ab&St5! NEW YORK, December 21.—Although | Alleghan: ssure on second and third grade | Allegh: today was not so great| Alleznan v there were further evi-! Am Be Iders of securities of this! AmF I quidating in order to estab- | AmIG or income tax statements.|Am Intl > number of what are ordi- ve issues were quoted for in the day and later sold at T ranging from 3 to 5 points mn u ir last previcus prices. This usly suggested shifting of for the primary benefit of payments. ad group suffered further declines which were most conspicuous in such issues as New York Central Refunding 5s. off over 2 points, in Bal- timore & Ohio Refunding 5s and 6s, in Central of Georgia 5'.s, which dropped 5 points, and in Southern Railway 4s. New Haven 6s were off 1!, points. The semi-official announcement that be- tween 60 and 70 per cent of the Balti- ! i0 425 of 1933 had been de- ied the market for this 9 % 18 29% 3 Tagze Montreal, discoun s Bankruptcles and receiverships 1n Genmny continue to decrease in num- Int Rap Tr 65 Int Rap Tr 7 Int Cement Niaga Am T&T deb Am T&T deb 5: oflerln 5—: SELL LIFE INSURANCE THERE'S MORE MONEY IN IT For Information Address Box 312-E, Star Office The ammem’al ; National Bank 14th and G Streets Campleu Banking Service BONBS ON THE CURB An'luql ia Argentin Argent 65 ‘61 Argentine Argentine Argentine 6s A Argentine 6s B Arm & Co 41 Arm Del 5145 Atchison gn 4s Atchison 4158 " AUCL1std AtICLcl4s AtCLun4? At Gulf& Wl Atl Ref db Australia 4 Australia 5s Australia 5s Avstrian Austrian 7s 57 B& O 1st 4548, B & O 4135°33 B&O 41860, B&OIsths’ Int Pap re Int Pap 6s A 5 % IntT & T 4%s 52 Int T & T 58 °55. .. Irish Free St 5s '60 1 % Italy 7s°'51... 2 12% 1 ’lbk Newberry (JJ) (1). Newberry J J pf(7) New Eng PSp186.. 1508 New Eng Pw pf (8) 40s A'm New Haven Clock.. 268 1% New Jersey Zino3.. 11 28 % r\ew Mex & A Lnd., 2 % Carnation Co 1 Newmont Mintng.. 12 131 Carrier Corp. NYPw&Ltpf (7) 60s 93 ent Pw&Lt pf (7). 100- 36 NY 1 44y ‘ent States Elec. 2 N 58 1141 Centrifug Pipe 60¢. Child Citl Citlen Service of... Claude Neon Inc... Colombia Syn 13 RITRE Ty 258 86 Colon O1l. . Comwlth Edis (6).. Comwlth & Sou war C A MCoctfs. Cons Gas Balt 3 Cont Shares cv pf.. Cord Corp..... Corroon & Rey pf A Cosden Ofl cod.... Courtaulds(k13 %e) 4 | Creole Petroieum. . Cresson Cons(klc). Cuneo Press (2%). Deere & Cc Derby 011 Bunker Hill & Sul.. | Butler Bros....... C&W pfretsk62-5¢ 1 2% Canadien Marcont. 12 1 Carib Syndicate. 2 Japanese 6128 '54.. Kan CF S&M 4536 Kan C P&L 4%s'6 izismb oo The latest phase of the war in the oil industry reactcd against some of the bonds of producing =and refining companies which had been conspicu- ously strong lately. A 2-point decline in American Smelting & Refining 5s, brought m down nearly 8 points under the level at which a block of $3.- 500,000 was cffered publicly earlier in the month. Paramount-Publix 5!5 lost another point of the several th it gained Monday. International Tele- phone 4';s and 5s were both hea There was a little better market for Missouri Pacific issues, of which seven are now quoted at an average income return of 35 per cent, the 5!;s yielding over 70 per cent. German bonds were inclined to react after a week of substantial advances which carried the entire list to the highest prices of the year. Belgian 7s | each lost a point and the same amount of decline occurred in Argentine 6s, which are now selling at an_average under 40. United Kingdom 5'2s were again quoted at 106. The strength in United States Gov- ernment loans continued in spite of the fact that all of the premium bonds have this week been at the highest of the year. The 3'ss are still a point under their previous high and the 3s 11, points down from the top. The fact that official recognition has now been given to the subject of refunding the first and fourth Liberty 4%s had no effect on their prices, in spite of the fact that the latter are at a premium of 3% points. This must be charged off by the present buyer in the event that the issue is retired late next year. = = STERLING RECOVERS ITS RECENT LOSSES Rise of Pound From Low Point Scored After Debt Payment Is Made. 101% 0% First Mortgage Louu Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Ing. ENTERPRISE SERIAL | BUILDING ASSOCIATION . 7th and Indiana Ave. N.W. + LOANS o- Ill="“ k:l"l.tt of x : 69th Series of Stock Now Open for Subscription James E. Connelly. James F. Shea. President Secretary Karstadt 63’43 Kend 514548 w Kresze Found 65'36 Kreus & Toll5s'69. Lacledo 5%8 C'63. Laclede 518 D60, Lautaro Nit 68'64. Teh Val cn 45 2003, T.eh Val cn 5s 2003 Myers 5851, 37844, w's 6541, .. et asA9.. rd 5s'51. Torillard 7s 44, La & Ark 5569, & E1 58 A'B2. ini 45 °40. 10 Niag Hud Pwr 1. Niag Hud (A) w. Niag Hud wr B war Niag Hud Pw C wr. Niag 8hs(Md)B 20¢ W | Nlles-Bement-Pond Noma Electric Cory 9508 Northern P L(50c), North States P(A)$ Novadel Agene (5), 3 onto Copper. ....... Outboard Motor A Overseas Sec...... Pac G&E 1st pf 1% Pantepec Ol., Parke Davis 1.3, Penroad Corp. . Penn Gas & Elec A. Penn Mex Fu (k30c) Pllot Radio Tube A Phila Co new 11.60.. Pittsbgh&LE(23%) Prudence Co In¢ pf Pub Utl] HId war, , PabUtil Hidx w nh’- % llnhl 2 40 T 46% 14 1 B&OTL] B&OrfésC Patav Pet 4 Belgium 6s Selgium 61 Belzium 7. Belginm 7s Bell Tel Pa j Bell Tel Pa Benef Loan 65" Berlin Cy lnrlm 61255 1 Ems 0% B s urlarm- P%L 8s Lyons 6534 McKes & R5%s'50. Manhat Ry cn 45'00 Market St 78 A "40. Mex 4s ast 1904-54. Mex 4s ast 1910-45, Midvale Stl 53'36.. Milan 6148 '52. Detroit Alrcratt, Duke Pow (5)..... 1608 51 EastG & Fuel Asso 1 4% Eastr GEFpf (6).. 1 52l Cisler Elec Corp... 1 1 Bd & Share b6% 130 1815 Bl Bd & Sha~e pf 6. 1750s 40 B1BA & Sharepf5. 1 374 Elec Pwr As(A)606 4 3% ElecP&Lopwar. 2 34 | Elec Sharepf ww.. 8 40 Emp Dist Elec pf.. 50s 13% |EmpG &F 6% % pf 268 13 EmpireG & F8%.. 16 Empire Pwr part. . Empire Pub Svc A, Europ Elec debrts. Fairchild Aviation Fansteel Prod. Federated Corp Tisk Rubber (n Fisk Rub pfinew). Flintkote (A) Ford Motor Can A.. Ford M Ltd........ Foundation For Sh. General Alloys. ... Gen El Ltd 20 2-5e.. Glen Alden Coal. .. Gold Seal El new.., Goldman Sachs.... 34 381 GtA &P Tea pf (7)120- 119'4 Groc Strs Prd vte. % Gulf Ol of Pa. Hamiiton Gas vtc Happiness Canay Hartford El (2, Horn & Hard (2% Hudson Bay Min Humble O11 (2) Imp Ofl of Can 50c.. Imp Ofl Can rg 50c.. Ind Plpe L (t25¢).. InsCoN Am (2)... Washington Produce Butter—One-pound prints (93 score) :!zmc)ubnsnm:nez pound _prints (07 one-pound (90 score), 25; tub, 24, oo 0 Prints Eggs—Hennery whites, 33; receipts, 28a30; Government graded extras, 35; standards, 331 ; medium, 31. Poultry, alive—Turkeys, young hens, 14; young toms, 12; No. 3, 8; old toms, 8, old hens, 10; chickens, Plymouth rocks, 4 pounds and over l4al5; 4 pounds and ‘under, 12a13; mixed Dolored chitkens oof Leghorns, 9al2; hens, 4 pounds and over, 12al4: capons, 7 pounds and over, 20a22; small capons and roasting chickens, 15a16; keats. old, 20a25; young, 25a35; roost- | Wool Ltd k25 1-5e, ers, 7a8. Wrigh 2 dressed—Turkeys, right Harg(t20¢) 3w 34 Poultry, oun, hens, 16a18; young toms, lsnlsy 91: Dividend rates in dollars based on quarterly or semi-snnual payment. toms, 10al2; old hens, 10al2; No. 2, 10a13; chickens, Plymouth Rocks, 4 | barable In Loin®or “stoce " o ?:u;x:; and over, 16a17; under 4 pounds, gmlmle Afl!g;‘mm f i al6; capons, inds and over, 23a | I2 stock. s Plus 6% in stoc 25; mixed coloremmckm and Leg- in .&fi‘ Plas 3% n’) ;&c‘l. horns, 14a16; small capons and roast- SEaid 1k vearone ing chickens, 16a18; roosters, 10a12; hens, 4 pounds and over, 15 POTATO MARKET, CHICAGO, December 21 (#) (United States Department of Agriculture).— Potatoes—Receipts, 33 cars; on ti 155 cars; total United States shipments, 469 cars; about steady; supplies and trading moderate; Wisconsin Round Beth Stl pm 5 Beth St rf o5 2w » FF L4 £ & = T L T T P T B T T IO Bolivia 83'47... Bordeaux 6s '34 Bos&Me 4%s'617J. Bos & Ms 5s 67.... R R Shares Corp, Rainbow Lum B Raytheon Mfg Reiter Foster. Reliance Int A. Reybarn. . Reynolds Inv ltln Roan Antelope Rubberoid Co (1).. Safety Car H& Lt. 50s 20 St Regis Paper.... 17 2% SaltCreek Prod (1) 1 3% Schulte Real Estate 1 1 Sec Allled Cp(k25e) 6 78 Seeman Bros (234). 1 20 E;loc:ldv]'nlul(floi T 14 ewin-Wilime 1 Silica Gel et. i el Singer Mfg C. Smith A O pf (7) South Penn 01l ( 8M 516878, MK&TE5sA’62 1 MK & T adj 536 Mo Pac gn 4s " . Mo Pac rf s A '65. Mo Pac 5s F'717. Mo Pac 5s G "78. Mo Pacis1'81.... Mo Pac 5% s A '49. Mobile-Ohto 55 '38. Mont Pow 58 "43. Mont Pwr 55 ® Q FEEE Brazil C R Brazil 8s'41. Bremen 7 Bklyn Elev 6% a & Assets. -$6,251,006.24 Subscriptions for the 104th Issue of Stock Being Received SYSTEMATIC SAVING| Always remember it is 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 e saver thru this plan? If not—then join today. 915 F St. N.W. I 00 00 ORD_PRESTON [ Are You Leaving Money Or Protection? Your life insurance policies will provide your dependents with money. These nme licies can be trusteed with TRUST to serve the beneficiaries t-;-mmoihningfim:mlprowe— on, @ Srmraneampennn Sun Budapest 6s'62. . Buenos A R 6s"61. BR& Pitts 412557 8 Bush T Bldg 55'60. Canada 4s ‘60 Canada 4 0z "1 102 0 91y ORY, 9Rlg 1097100, 108 a8 §Bac & 3Ea Wes Oil o 5 Stand O1l Ind (1 2 Stand Oll Ky 120., 6 Stand Oll, Ohlo 1% . 50a Starrett Corp... % | Stuts Motor Car, 8ullivan Mach By the Associated Press. oo e »-q HhH nn NEW YORK, December 21.—At its| .- W, £48 91005100, bost levels esterday, the British pound | sterling had scored full recovery of the | o ] ground lost between the middle and the | Gan ,\.:C‘" g;’; ;’ o end of November, when the interchange | of debt notes was in full swing. Dis- | ¢ turbed by the nature of some of those fl-:‘;t’(’;‘;‘ &0 '“‘ communications sterling r\\'ent lntg.dl & severe decline, which, before it en o 5 had carried the pound off about 18 en: o sebas & cents to an all-time low of $3.14%, reached on November 29. Since it became apparent early this month that the British debt payment would be made, and the debt question opened for later discussion, sterling has moved steadily upward, retracing the ground lost, until yesterday it touched a high for the move of around $3.33, a recovery of 1833 cents from the extreme bottom of abcut three weeks ago. 2 10N R O AR 3 1S ' Ce nldhli'“. " Cent 4542, ¥ Cent 4598 Swiss Amer Ei pe. . 1 Texon ON1&Ld t134. Thermold cm pf. .., Tebaceo Prod Del., Tob Prod Exp(10c) Trans Afr Trans. ., Trunz Pork Stra 1., Tubize Chat Corp. . Tubize Chatillon A, of Ca United Corp wa Utd Dry Dock. <<dc—lil 2 ; 8 p!-. Go e ,, 48 53 Ches Corp 55°47... C&Ogendly C&O4%sA"3 S y : auea, Valley 78 \ Y Edison 55 C’51, rf6ls'4l. oo o=Tetele B £ E nt §’ : u E Cp 6} ,x "85 10 Burope ik T8 10 Farmers” N M 74 GFmnld R M B CZOS o SO e 00 e p e Saauuqs NaTaY CB&Q 111 4s Chi & rscmsv Chi Grt West 45’ 5 1 Chi Ind&L gn 5 7aa [ Washington Stock Exchange SALES. ‘Washington Gas 6s “B"—$100 at 102%5. AFTER CALL. Washington Raflway & Electric 4s— $1,000 at 871%. Bid and Asked Prices. current. 2 U 8 Play Card (l).. 268 U S Stores..., United Stores vtc. Ut P&Lt.. Utllity Equitie Util&Industrial pt,, Van Camp Pack..., Van Camp Pak pf.. WahlCo....,, Wenden Copper. .., st Va Coal & C. . X So' 6% 3 Uit 1odus 8ias 414 ww—With warrants. xw_Without warrants, n—New. Wi—When iseued. C 7o\ 27 W en3%s'87 4 W rn 4587, 10 v 41 2%, Norf Sou rf 55 ’61. or & Wn cn 4596, Norf&Wn div 45’44 North Am Co 5861 Nor Am Ed 55 C'69. N Ger Lloyd 68 °47.. Nor O T & L 63 °47.. Nor I'ac 4s'97. Nor Pacr i 6s 2011. Nor St Pw 55 A 41 Norway 5863 Norway 5%8'65... Norway 65 °43..ceee Norway 63'44. Az The advantages of this latter plan are obvious. The details of the arrange- ment ean be obtained from our Trust Department. Shinyetsu 6% Sinc Ofl 6%s B Sinc 011 7s A "37. .. Sinc Cr 0 5%8'38. Skelly O1l 5% 8 Solvay Am 5842 Sou Bell T&T 58 9 6. ChiTIAD pnds 88 11 " Chi RI&P rf 45'24. 26 ChiRI&P4%s'52 8 9 Amer. Tel, & Tel. 414s ° Am. Tel & Tel. Ansocisd Pt Chi Un Sta 58 B'63. Chi Un Sta 61%s'63. C & W Ind cn 45’52 C& WInd5¥%s Chile 6s'60. Chile 6s'61. Chile 6’61 Jan Chile 6s°61 Sep! Chile 63’63 64 10115 7 112% 10114 11234 65 Orez-Wash 4s°61. . 68 68 |Orlent Dev5%s’ 4% 4% Orlent Dev 6553 & 5 pacGaEss™ Pac T&T rf 5&'52.' Pan Am Pet 63°40.a Paramount 6547, . Param-Pub 5%5'50 Pathe Exch 75 '37.. Penn sta 48°48.. .. 1 l‘enn{%!D'!!.... Penn cn 4% Penn zn 4 AL AL, 112% 65 e aat o Pis 5% ‘Tegular ra Washington Gas & Washington Gas b Wash. Gas o2 Sou Ry gn 6s Sou Ry 6%s ‘56, Sou Ry M&O 4s'3! w1. & Ewc 45 MISCELLANEOUS. OF THE DISTRICT s OF COLUMBIA h hams, 915 smoked hams, 11 strip bacon, 13; lard, 7;_compound, 7. ht 3.2503.55; Live ~stock—Hogs, _lig] medium, 3.25a3.55; heavy, 3.00a3.35; pigs, 2.75a3.50; calves, 3.00a6.00° Game—Rabbits, 1.50a1.80. P‘nnts—Appm, bushel, 5081.50; box stock, 1.75a2 Chile Cop db 58 °47. Chile Mt Bk 6s°61 24 57 . 2 W. M. Coid Storage’f STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9 Capital_Traction C Wash Gas Lt. Studebaker 63 43.. 19 Sweden5%8'54... 5§ Swiss 5% 846 Taiwan EP5%8'71 2 TennEIP6sA'47. 2 Ter AsSt L 48 '53 AN Clev Term 4 Clov Term 5s Clev Ter 515 8A'7 Cologne 62550 Colomb 63°61 Janw, 10 Colomb 6s'61 Oct.. 9 Colo & Sou 4348’35 1 Col G&E 55 52 May 18 Col Gas & E 55 "61.y 21 y Cam Inves5%s'49. 9 . Penn 61336 . Penn P&L 4%s'81.. Pere M 1st 455 Pere M 1st 535 Peru 6 "60. Peru 6s°61. Phila Co 58 Phila Elec 4s'7: Phila & Read 6549 a L R S B S G The following figures 8! merely represent minimum the Washington Stock Exchange. NEW YORK, December 31 (#)—The maniey “l'l;:rlet eontlnued d_easy Mny changed. Call money on LBO Btotk B- NATIONAL BANK. Capital (%) (stamped) * (6). Con Pwr Jap 6 Con Pow Japan 7s. Philippine R 4s '37. Phiilip Pet 5% 839 F M 6s"43. d 75 '4 Poland 8s Tob P NJ nfil :m Toklo 5s'52. Toklo 5% '6: Tokio El Lt 68 toes, d sacks, New York, 1.00a1.10; Mltne 1.25; Idaho bakers, 1.65a1.85; Florida, new, bushel, 2.75; " sweets, 50a75; tomatoes, repacks, three-pan containers, 1.75a2.0 change ruled at 1 per cent, and in the outside call market funds were again offered at three-quarters of 1 per cent. Time money and prime commer- clal paper rates also held over. YOU CAN INVEST CONFIDENTLY lettuce, Iceberg, 2.25a2.50; Florida, 2.50; beets, bushel, 3.00; carrots, bushel, 300 celery, 2.0082.50; bunches, 50a60; spinach, Texas, 1.36a1.50; ‘home-grown, 5008 l 'lfi 5. , 6087; red o < pers, 3.00a4.00; S l.:fl.l- salsify, 5,005 onions, 6087 Ppeas, 3.00a3.75, ‘g Union E1 L&P 55'57 16 UE&P 1st 53 sA'54 10 Un Pac 1st 45°47 Dy 3 Liveity " ; Eincom (10 Metropolitan Port Gn E1 43560 Tos Tel & C 58 '53.. Press Stl Car 5333 Prussia 6s '52 1 Prussia 6%s ‘51, Public Serv 4s lan PubSvG4%8'6Tm 70 Pure O11 5% '40sas Read 4%8 A'97.. Reading 4%8B'97¢ Rem Arms 6s A '37. Rhinelbe U 75 '46.. Rhine Ruhr 6s°53.. Rhine West 6s '52.. 1 Rhine West 6s°53.. Rhine West 6s'55.. Copenhag 45 '53. Cuba 51584 CubaR R Cuba Nor 514542 Czecho 85°51..ee-s Del&Hud ref 45’43, Del P'w&Lt415'T1; Denmark 4%s62.. 18 Denmark 5% "55. Denmark 68 'th Producing Oil Royalties Descriptive Booklet Upen Requésd in our 6% FIRST MORTGAGES The 6% remaing definitely fixed throughout the life of the loan, and this surety against variation is a feature worthy of consideration. Security for the principal is vested in first trust on conservatively ap- praised improved Washington real estatey May 5§ puechased In amounid From $250 up B. F. SAUL CO. National 2100 925 15th St N.W. | THERE ]§ NO SUBSTITVIZ FOR BAREIX wnhlnunn &) TRUST COMPANY, 98K 98% ur. & Tr. Co. (16) 104 108% 3 . (12: 10“6 103% U 8 Rubber bs *4' 9 5t Un Sth“lA’l". ‘ UnStW C%IAII‘ 3.0083.50; limn. : chokes, _3.26a3.50| o Upper Aultrh'lfi 83% 834 645 SAVINGS BANK, I of Bethesda (6%) D&RGri%s D&RG W bs'5! Det Ed 4%s D "61. Det Biltean re 59049 10 Det Edison fs Det Edison 55 e Dodge Bros 6s '4 Soreoran (10 Duquesne 43 A Dutch East I 65'47. 8 15} Dutch East 16s°62. 13 SAVE $ MONTHLY EARNING 5% DIVIDEND: L TOTAL 1 Util Pow 5%s8'47 ‘Vanadium St 5841, Vienna 6s'52 Beventh_Street (), United States (30) Wash. Mechanics (20) Over a Third of & Century Withowt @ Lass ba Toveston Rhine West 78 °50.. 104% \ Rich Ofl Cal 63 "44. 100 | Rio de Jan 6%8°53. 99% | RioDeJan ext u as [ 214 R Gr Do Sul 8 oo |RIAT&EL 4% 22| Rome ss'52 Royal Dutch . 98% | Rumania 75 °69 ce em: 86| StL 1M RaG 4w33 9 | St L&SF 48 A 5 Sn|stLasF ey 100% | St L&SF 55 B 118% St L SW 1st 4: 1264 St P Un Dep 6s 8 ‘!anA&AX‘M‘“ 68'4 | Sao Pau 78 '40. 102 | Sao Paulo 8s 50 o 5 5% Sn'&on ;’ “"56 28 51 COl’ axon 78 "45... 20 6?"' Ger Cent Bk 6838, - 60% | Seab A L rf 4559 + 103" | Ger Cen Bk 6560 J 51% | Seab A L 63 A *45 Ger Cen Bk 65°60 O 4 51% " Serbs-Cr-S17s 62 GurCanEkiane, 16 6ht 07 0 Smacrfiteeil ¢ Ger Gen Elec 6: "‘u ! 48 46 , Shell UO1) 58’47, G OB Ta D 150 L0 04 M1 Ol AR lltdm! dt. cm-n. (0)' -A: Sid. (6) snston Mondispe (6) Finland 7s ‘50 I & 8 Fisk Rub 8s'4: Sommnle ] W ‘West Md 1st 45 '53. West Md 5%s 77 West Pac 58 A *46.. West Union 6s'61. ler Natt Mige. & Inv mfxu brise smres’nm French Gv 7% Gelsenk'hen [1] u 12 .25 SRS~ o 'c'v‘a'r-n'uhfi .08 06 90 00 PERMAN EI{IT IIII.DIblfi ASSOCIATION - e RO B w = Wlsh M d. Wdwd. & Lothrop cnm Wd'd & !mh v aei Strio S B et , extra. % extra, cxtn. e min ig