Evening Star Newspaper, January 2, 1933, Page 13

FINANCIAL FINANCIAL. HPEFORCOMTON |'BONDS ON' NEW YORK STOCK EXCHANGE IN 1932 | FURNIURE TRADE Total bond sales, 1930 .. 2,779,009,350 i B 9\”-'#. :2' SN Factory Production Will De- Head of ‘Exchange Believes|Tote! bond sales, 1929 ... 3020316700 NEW YORK, January 2.—Following is a table of trans- pend on Orders Booked at Exhibition. 333 23 35 S st 2 ° ot o R S 333333 333332 2232 10.000 30,000 actions in bonds on the New York d Market during War Debt Problem Has the year 1932. It gives yearly sales, price ranges an net changes from the previous year on bonds listed prior Damaged Trade. to January 1, 1032: T io o —_— UNITED STATES GOVERNMENT BONDS. By the Associated Press. (Pigures after decimals represent 32ds of 1 per cent.) NEW YORK, January 2.—With eotton prices at the lowest poin. in 5 Hish. Lov. Last more than a ceatury, considerable h 1Derty 3.3 re for improvement was seen by Williem 8. | Eioerts S o8 W'fleflhgf‘ulflwt of the New York *3 Fiberty 1ut 4%s. Cotton ange. 000 Tib 1s5t-2d 4’4 “The most encouraging fact " he sald, | 113700 Tiberty 4th 4 that the war debt prob®m has at 2000 Koatih ’Lfs;,f; A reached a crisis. e entire debt £3.000 Treas 4% {7-5% on s to be reviewed without delay. ”g?‘ 9"‘;“ T such review is thcrough going and 0 it will disclose the momentous 000 tragic part played by fcreign gov- | 20:420,000 emment obligations in strangling our export trade and intensifying the world depression. This is clearly the first ste, to such revision of the debis as will e o ] h permit & reopening of the channels of | ‘1 s rex 1010-40 ternational trade. A restorstion of 4 > S3n 108145 foreign buying power is the prime es- 28 T & sential, the prerequisite, for a perma- CORPORATION BONDS. =::r;"’°°r':‘H'k"z;‘::tf;fi"’“'""w"‘ -] sales. Bonds. High. Low. Last. change. g The United States, sald Dowdell, can- | S/938:000 ABT & Straws o .:.w“mnn e export trade, cut off 2% fi'.’ m.‘éz oy and collect foreign debts, all 00 AL B wiran 6s &t the same time. YR W ' __“American cotton growers have been among the chief sufferers from the fail- ¢ : ure of n#mg‘culntryow ap) &omu ele- 0 Allegh_Val s"a“ iple. Over 10,000,000 peo- s 37 ple in the United States are directly de- AL mflmt on the growing and manufac- Ko Chain #s 3 of cotton, and over half of our v iy W annual cotton erop is normally sold 16 Shem 51y . Europe is our best foreign 1000 Am ) customer. » 000 9. “But Eurcpe consumed only 4,822,000 | 135000 Am bales of Americen cotton last season 00 Am compared with an average of 6.570,000 3 Am in the five seasons ending with 1929-30. 1000 Am And last season American cotton sold 1000 Am 80 far below usual relationships with 2000 Am Indisn and other foroign gro that normal conditions Europe would been expected to emsum;t;:r of our staple than average, I 7,000,000 or 8,000,000 bales. ~This ctlon of buying by Europe has LR importan actor con- 1749, Arm 455 3 to the decline in the price of 552,000 Armstro: to the level on record.” Low prices, said Dowdell, failed, ho , %0 have the usual effect of e 332 3 Manhat Ry 4s 00 Manhat Ry 2d 4s 2013.. Manhat Ry 4s 00 ctfs... Manila BL Ry 58 53 -1 Man Ry 85 Lines 45 30.. posw HO&!‘ i .s H ‘: ”“': Man Ry So hhesl 45 58 ol & Hock Val ext 4s 48 7 000 <o 000 R Columbus & Tol ext 45 1.060 000 R or ko e Al 2 niture industry will start the new year Ealimmis BY BAT 8128 39 0 bl I 1S f i Ss.00 Errhadouds et gl 3 *'a | by checking lts own pulse as reflected Gomi"Greait” qu i .07 0 i i2000 A0 i P : 4gLoU0 Rio'Go West 185 4330 . 4| in_orders for new business. Comi Tny Tr 813 48 T Sls Rt R 000 Rlo OF ear tr e 30 seaeEity 2| “More than 500 manufacturers will oo, TRADgEE, O b 1000 3 et B8 e 28 i 1,000 Rio Gr Junc 68 30 1.1l 8 403, | exhibit new merchandise to 4,000 deal- Sonn R L 4 9 € 73 Mex Tne Rys 4s 17 asdo: s B e & E Sias 48 90 103t % |ers expected at the national furniture Qon Qoal Bg B0 .00 8. .8 3 Mich ‘Cent 3158 B2..... : . 211000 b % a2y, 104’3 * 12 show in the American Purniture Mart Gon G § > T\ R ; 3 1480000 3 p , | here, beginning January 3. on Gar N Y Midvale &1 eveseaf: B ; 4] " aieoe I 32| ""Upon orders booked during the 12- &onsum gas cht by MULEIRY & L 1 { 4000 H day show will depend production plans S oy b s B 2 AL RO i 788 000 e ii e 8 b |of most furniture manufacturers for ntainer Corp 6s 46.. Mil & Nor 13t 4758 34 .. 103.000 Srown Canc a8 MabtLoris by 60 .. % 3.533.000 B! : § Price Levels. Bns oS 8L s e : L bs 62 ' Price levels in this January market, STunalguach 55 40 ww most furniture men believe, Will ap- Giba ROR 1% 16wl proximate levels of the market of last 0 ly, with perhaps a slight increase in prices of the latest styie furnishings. | But operating economies achieved by a majority of dealers in the last six months are expected to make these | price levels more profitable than in 1932. In the year just ending, according to figures compiled by the National As- sociation of Purniture Manufacturers, the furniture business has operated at approximately 30 per cent of its “nor- mal average weekly capacity,” or s de- cline of about 20 per cent from 1931 2% 3 3 13 Shonn00s. ¥ & 2223 b ;% By the Associated Press 7.000 Revere Corp & B tis 48 .. 1 : " | CHICAGO, January 2-—The fur- e - LB3TEI533B-2 22233 5 44 22 13 ;A. 35 > vo003>! E D05 nORS MOS0 DOSVBTE! At P e S 3325555502 RRR33322255 Wdhps be2g 12 B0 238338 THHt4+t SN = 53 3 =3 S s 5553 B3R 44+ =52 fres S 25 I ~a0a5 1o0m: E2a853% & 3 v o~ $3333 ottt =St © ettt 233233 P 000 000 0000 535,000 MSP & SS Marie & 1330000 MSP & 8 8 M con, 4s 1. . 7.000 Miss Central 1st 5s 49... Mo.1l_ 35 59, LA M-K-Tex 5s 93' A MK Tex ad 53 07 Bl 4128 78 D M-K-Tex 1st 45 90 M-K-Tex 45 02 B . Yo Fac o biag 48 ac rfg A Mo Pac bs 77 F. Mo Pac 53 78 G, Mo Pac gen 4s Mo Pac bs &0 H.. Mo Pac Ist 55 8i Mo Pac 3d ex 43 Mobile & Birm 43 Mob & O 4ias 7 Mob & Mo > a (o s 5, oy 292001 555555, EELTT) < n 5 R Exl 2 - 2 R ey ) - B ® & *® FF 10'000 30,000 600000 594 000 T ATEREBLINBBRIZ ZEER2333832 120010 1o WS Eiet FES R LTI+ 114 o DO e Gaoncar ot SA55.505.22855 222 rmroanaSnca = of the larger producing units, i1 stores, it has been found, have e g at a profi Rohawk & Aammonty div... : 8o "3 - e | Ty, furniture men say 1932 . Mon: Pw rin he g AT ; i | has not been without beneficial aspscts, 13000 Mont Cent bs 37... 50000 3 1 b [} 8, +i7, | Among these they list elimination of San ont Ew o8 : : T Vgl 2 much distress merchandise, veeding out Montreal Tr eol 53’1 e o Aie of weaker concerns and the fact that Montreal Tr Bs B 53..... 8% 69 3 108 2 2 tottering price levels have been checked. Montreal T o8 B26h:ov 0+ ¥ 2 Plans to increase sales during 1933 Morris & Co Ta ki’ 30. " 0 5 b will be considered in the convention Montreal Tr 4iis 7210 a 218 By : of the National Retail Furniture As- 100000 Morris' & Essex® 153" b5, H 'Ry 6o n‘r»°n"5€fl Sociation, to be held in conjunction "o y 453,000 Morrls & Tasex bs 85, 0 : JHoow, 51984 With the January market. . 7 . 5000 2g7 008 MUt ol ilad®ad? 1 G0 4D : : ol O o e 8 : 3 Biophistiv:on St 7000 7.t ) 3 ter 63 43 .. By increasing emphasis on quality 180.000 Lo ¥ 86 15% et 9 merchandise, outside .emnzbu; mte;,esz el § 5043000 Sinc © ON col “7a 37 2 38% prospects in new furniture before they 5100 ; 1151000 Nasseu El con 4475100 3 3% gaimoo sine Gon Off 6% e 3 ; 4% | think of shopping, and stress on sales ek b5 41 : ; 11837 Nat Dairy bian 45,0000 L : ine Bnc Lhes: % : 4 101 of household appliances to supplement & imp Bs 47 b ; 000 Nt Ry Mex 4y 57 1 Bkelly Oil 51y 39 2.° % 88 standard lines of furniture, retailers panding production. k Erie 1 & 1mp As 7 90.000 5 57 and.. 3 1 ot i t s $08.000 rie cn prinhs Ba o0 N B Mex 43,778 : St “@has” 4 ; hope to step-up sales. 1072 3 205,000 3.060.000 Erie gen lien 4s 06. “ a2 478,000 " q 5 < 5 B 837,000 533000 Erle cvt 4s 53 A 3 4437000 000 S ool kT 88 4i . 62 4 A k ! 3 £ — 41.000 T+ £ 807.000 Eris cvi 45 53 B ... » 4 7 i 2 7 8.0 8 Nor Aia st L R WHEAT SALES OF MAGHINERY 106,900 Mjsgta & Y I1gi000 Erie P 48 81 .. G f o " 37, gnnri"%-‘.';f-‘ §eosose 1088 B8 3 18000 Bos & f!gf- AR & 58 BA L /000 Atl & Oha A 1. 5 5 n 34000 % Pitts 8t3s B 4 4 a8 1 00000 New Eng R R 45 '45 4 140,000 Sou Pac cyi 8 34 Newbarry fi,e 40 ¢ 54 P ) ve 58, 24,000 Atlants Gas Bs 47 .. Y 000 Erie & Jer 1st 6s B5. .. as 4 ceee 5 ac 4'25 68 RE OR ED IM ROVING 18000 At Knox & Cinn 4s'83. 1000 Erie & s athe c 0.0 T EER R s 2 g 5 ¥ mind = MARKEI IA E 000 79.000 1,887,000 2 ormisiesiee o #2330 R0 QT Q0Qm, 253522550 2z 2 nD, o Pttt 1t 10 = (] 23Z2Z 0 1.301,000 3.200.000 743, RITREROFIOIRIGROIRS = EEE 2suzsoe ch g A W , = > 8 SEssisscacasgne 033001004 b 000 g T HHrEE F =2 000 Atl Kmox & Nor B3 261,000 Fed Lt & T 1st s 42. . R T R Y 000 A C Line Tat 45 3. Isniooo Fed L& T 0y 64 B Ny pfi'-'f{firfi,:‘fi,l” - : ¢ Bic ot 000 ACL-L&N 45 52 3 Y 7 e 2 3.000 N Orl & N'E 425 LT 2,95 Pac 4las Ore 2 " : 273,000 A C Line 4lss 64 . 000 73400 4 3 Lo Both Domestic and Foreign Rusi- 1000 Atiantle City R R 4 78 38000 970000 N S Bu,Sy b3 B2 A 56, Bac 8 Pr er 4550 .. 3881000 Atl & Dan lst 43 4% 2,431,000 : 58,000 o v B 55,B.... 2 5 §ou Pac ot Cal s 37 . : 57.000 Atl & Dan 2d 45 48. 40,000 éa’l 2 5 208000 No T Term, 4z 83 .0 B0 Y2 South Ry 6i2s 86 ... .. Have Shown Considerable 000 ALl & Yadkin 45 49 o110 40 Dbt Yl 308000 N © Tar o mt piiatgl8 2% South Ry een & i 1R Atl Guif & W1 9. . E K01.000 Tox & M Babe B, 2 1645000 Bouth - Increase in Recent Weeks. : N eam ey b 37 S 3 25:000 2 : 9 224000 N O Tex & Mox Be 80 C. 45 26,000 8o Ry eercn *5:°58 : o b 82,000 100 P & Cin Bdg 4'as 45, : 304.000 Sou Ry 0 3 o 3 2,000 i ; D00 klyn & M B 8s 35. 90,000 b 2 20 2 E 000 4 & 5 Canada and Argentina in Struggle for Trade as U. §. Sits on Sidelines. e £ PR E SRS & 200! o3 < 2 R @pecial DispatcL to The Star. NEW YORK, January 2—Ma- chinery sales and inquiries, both here and abroad, show of improve- ment. This was em) in infor- mation obtained from finance com- 5 e s , machinery manufacturers and 940000 Cod® 42" 3 3 = Eleo 3les 42 . J 398,000 Bang & e 48 8.974 Mot Accept s 37 . 55 4 trend toward nationalism in so 36,000 Beech Creek gid 4s 36... 92 20000 an Pas mero sl 4 97.000 many countries is being mirrored here 104000 Beld '".“':’ * je Y 18,000 Bleel onet 5206 9 . k1000 by increased inquiries for manufactur- | 5 Go0 '};n 3- o ... % 110 ) ‘Thea Equi) 4 ing machinery and other industrial | 1'224.000 Bene Ind Loun s 46 o g:n.'rfih port! {09,006 5 3 g t ?::llm}gr ‘o&'é."umr‘?"i'o‘o&'““,fif ,‘ 0 .um: Ililg{h {‘e:fl :n:m:‘{,x 50 2 ; Ga g’éln‘nd Ry 3 1has cording to queries being received by | 1,Gn0. oston. & Me b8 07 B0 3 1000 Goodrich B P 81 the American Manufacturers’ Export B l‘mmn & )‘l‘e 4;-5.; J 61 m{}%:: Good 4 5 Ascociation. This trend is regarded as 000 Batton: &M o B 55 364.000 ‘Goth_ 8iik Hos Os 6 115 a threat to our {uture export trade. It Bot Con dills 6%ea k... 18 B 30000 QPRSP 0y 40, 4 B 5% Tiiu| 02000 ‘E"'h offset in 1933, however, by some 000 Bot Gon Mil 6gn 34 6 4073000 G TE Ry cun 78 0 L. ol 18 2| 2004000 Tk By G Special Dispatch to The Star. CHICAGO, January 2—Two new 1000 PRt agricultural glants—Canada and Ar- 1550008 . v Zi43 | gentina—have started their 1032 strug- "116.000 i gle for the wheat import markets of 76,000 B3 b1, : 4 the world. L 81 : The United States, until recently the BB 102% 9 y unchallenged ruler of this trade, now - it e s 2y 4o T 5 |sits on the sidelines, pretty much of & St L con bs 44. 00 ¢ has-been. This country’s refusal to 99% 9, | compete on a price basis, and the erec- 675,000 2% 1 tién of a tariff barrier around the Brit- SR O05: 098 . b ish market formerly dominated by us, 4281000 b s has brought the decline. | 681,000 B weel seen e gent 255:300 79 Q.5 wheat market dip down to the lowest 1000 Te I p 4 level In its history at 347 cents for 380,000 Third Ave 1st B8 F7-. 0 5 the current delivery. That nation, with J;{;-ggx Fhird Ave adl : 60 i 931 its 1932 crop now ready to mnrketimu 2¥ ve rig 48 60 1'°! : com| wosstes ded w3 Vs, G2 T & Tl g, e T B 62.000 & Cen 1st Bs 35. 5 3 Y The Canadians carry a horseshoe in 3 3 each of their fighting gloves, This 1“: 3 - in the form of a tariff preference X £ 1 gt | the rich markets of Great Britain. A nl 6 4 2 1% |a result Argentine wheat s season = T will be forced to find a larger outlet on n El Lt & P 5'%s 54 .. 105 4 the continent. 3714 . ster & Del 3' 28 etfs sia % 5 In spite of the fact that prices of 55 &3 ¢ P Lt &P oat 08 33, 10 1 | deferred wheat futures on the Chicago B Chee dhw 45 2 S5 Un's Bhic ey PR B 13 Board of Trade this week sold down to o 3 : 932 Un Bl Lt & Pos 67 ... 103% % the lowest in the history of the ex= 837000 Dnlon, QUL Cal 65 42°. .. lodls “oay .. | change, the level of United States : 28" 8491000 i 55 Sew : 734 | wheat still is about 10c above a parity R . 103 5 Vs il 5 canen 5 2 | with its greatest competitors. a I 2 (Copyright, 1933.) a%qk E > 3 D D i e s B AZZZARZAZLZ! o o g ™ ot o o o ot i s & EI Berger n Am Inves bs 52 FaOEERRrrRE ZE amia®o o o Qo a7 o 0¥, g8, an 0062000000 52, 2200 2 EEO8009S: L LR xomn — FEGFEEE FEE L]l SonE33ETEIEIR of world agrccment on & general| 147.000 Bow Blit Hotel Ts 34 . 3 | 3aK%000 < 1% 11,000 wering of trade barriers. Bons A7 Ave con oa 43 E R % 7 ot aange Machine tool orders last month not 00 Bwy & 7 Av con Bs 43 ctis S41000 9% Nox Ry bis b2 3 3 2,525.009 oniy were greater than in October, but : Gy R B i Gs 41 780,000 Gt Nor ten Vs 2 %000 reached their highest point since last| j'4: Bkiyn 1.;9&;)"»' Gt Nor 4'2s 77 E . 3 a": 000 June, according to an index compiled | 1)524,000 Bkiyn 00 @t or lat rte ¥ # by the National Machine Tool Builders' 000 "SEn § & Sojeon it e in B L P TR PP P LT P TP i o b2 Q0 27l g Sas 2000, cvt deb Os 48 ] o g = = EREE QQREEa P, 2 e ’g:.?ml 8 Bay & W den B, 54,000 000 Gulf Mol Y lyn Q@ & Sb Ist 5s 41. 301000 Gt M % 5ogs 80 Gulf & Ship 1sl bs 52 . Guit Sta 811 By 42 Hackensack Wat 4s b2 . Zane amon SNSRI L P Association. This rise, however, was not| gsf000 BElyn On Ei 1st bs 50: ‘widely distributed, a few groups getting 157.000 Bkiyn Un Gas 6s 5 most of the enlarged business. Gains 15,000 Bklyn Un_ Gas 6lgs 46 in machine tool purchases now are con- | 1116000 Bklyn U Gas st bs Harlem Riy & P 7 trary to seasonal trends. 130988 BEyn LR Hav Elee blas 51 E 310 ¥ % 0.000 Francis D. Cole, secretary of the ex-| ' 3 Bruns & West 4s Havang Elec b1 52 3 4000 porters’ assoclstion, sald inquiries of all| LZHON Bif QupT 00 O 7. o 000 Hoe' s o ‘wisa a2 20 Types of machinery from responsible | 353i000 Buf R&P 4':s 2 264 Housatenic Ry Bs 3 foreign buyers increased 100, per cent 280,000 Bur C R & No bs '34... 8 fouston B & Term this month over November. @koon Bush Term 17 HE& W Tex Lit 5 377.000 By-Prd Coke 5:a5 4 340 43l ;000 Houston il Texas 8148 4 somemazaRenSlx 50 e oot 222222, e T 250 P 27 AL AL D, 55 25 55 mum, o b gt 1 44] FIOOREE: o ol 2 " b Pac gald 45 68 | e T g g 867,000 35,000 Cal Pet bs an a 650,000 Cs uey Sug 7 P A Hum Qil & R 8s 37 ADVANCES IN 1932 it e Hisols Bl To o3 '3 Can Nat Ry 5s 7 % nhncls [ 2. 8584 69,000 268,000 s haBhwbii e g 4S8 DECLINES FOR YEAR Drop of 9 Per Cent Is Indicated, According to Head of Light Association. WA 000 ) by 4k »: . 170:000 TII Cen Galoon cin Na: w3128 B4 ’ S +13% | TAddooo T cen & whccording to figures _compiled by | % 00 E3n Nat e 57 iy il 'aggaman, Brawner 0., Inc,, loc at 1as e 2 16,000 a'ds 5 5 b ¢ dealers in bank stocks, this class of in- ol Can Nex Ry 455 5o 3 s £06:000 o el 9 e seeonn ; 1 % 5000 vestment security has made a creditable q Con Nat Ry bs 69 Oct. - TR, 2,444,000 e % g 124,000 showing for the year just closed. The 7,000 Can Nor 7s 40 % v s 4 . b 045,000 average of 15 bank stocks shows an ad- 0980 §8n flor geb > A 7% +1° 16.000 s : 4 g wance of 15! per cent, while the New | 112741000 Cau Pac 5 5 2 i 5 37:000 i ¥ . Work Times average of 50 leading stocks 4! Can Pac 5 ] - 80,000 p g ar. X 2 < s M £ gy | : _on the New York Stock Exchange shows 81 g 3 60, 5 3 # Qen 2o 5 gt a o t s a ' 8 88 & 5% 3 By the Associated Press. & decline of 24 per cent 44000 Can Pac 1c8e's LaN O A 1 §5:000 Virsl o 45 ) NEW YORK, January 2.—George Comparative prices of the most active 27 331.000 Ve & 2008 L. Cortelyou, president of the National gl diidadrd o 32322222222222222222 w8 o st B BEEEEES S e @ >3 . 5 L&N O rfe bs 63'A b ¢ 000 Carolina Cent Con 4s 461 5 IC&CEL&NOEBSBL 4 North Osp 4% 74 r & 3 242,000 Caro C & Oh s . % N Ohlo T . . d 1 i wtocks were: e B S TR TR S b N ; N Ople T & {loa 1A 85 A ; 4., | Electric Light Association and president 7 10000 Carth & A Gua 45 i1 = 000 Indep Oif s gt Lo Nor s - 1008 o 01,000 i ; of the Consolidated Gas Co., estimates 3 2 . ac 43 4 I3 Owa 43 56010 Z 5411932 production of electricity at 78,- 00 Ce Dist Tel 5s 473, ! 5 p: 4 3 N P ash §“:" :’“': ":.::: g.(’g :;‘Sg: 5 ‘-mc. ) 2: H“.“; ey 1085 5 an o ;fi; ;Eg &, 2047 2 " % S : ‘ggg.ggg‘ooo kilowatt hours, against 85,- ational City . \aiioon Cen of Ga Iat by 45 5 5 S0 %nfl l{’x': Ry fon p o3 a Nor Pac pr llen B & Wab' 3% f 34 | cent 9% 30, 180, . Gerapae f. ¥ et ty Trust . 5 3 11,000 Cen of n s 45.. and 8t 4758 7 3 jor Pac gen s 2 .. 88 3 Searanty Trus : 20000 Cent of Ga Mob s 46! C = 807,000 Ihfind 8 45 A : 5 Siates ov’ 05 : ¢ : “Total sales of electric current for k 57.000 Cen Hud Gas bs ) Mot 41 - : ; ; s | zee - mufacturers’ Trust ... 1,212/000 Cen Il E & G 5s 51 4,708,000 & Tenad 085002 g b5 Nor'west Tel 4%s 34.. Wb Tel & On 45 4 gcsldenu?l‘ purposes shoueg:mfix;\no! lic National . ttg 000 Gen New Big 45 61. 5 8% 82 2 et 4135 B8 - 2 4 o mbnkgy e ol oo - 3 per cent, for compare X 1 othie Tading 000 Cen pac §a 60, .10 3 0 o H e O pin e e 43 7 he eaid. “Consumption of electricity Deposi 2,906,000 Cen Pac st gtd 43 40 . g R Tr 6s y 4 A Ohio Pub Sve 7s 47 k. . 2 for commercial lighting (retail) pur- been steadily increasing during the‘ lat- 0,000 (C?%rh?[cal?_n dne 43 b4 5 Sl Bt { g;r o . g 10:000 Ohio Riv Ist bs 6 3 Wi _— . poses showed a decrease of 4 per cent; - " ¥ o] 5 5 3 2.1 g 0 .. . 2 b ol ter part of the year. Latest available it S I g,, i falerp r rie 55 66 3 )00 Ohio Riv RR gen bs & : current for traction purposes, a de- 2000 R T rie 5s 08 st b 181000 Gld Ben' Coal fs 44 crease of 9 per cent, and the use of fl“m show & gain for the year of over 000 Cen R R of N J 45 & 7 0 Interiake Iron bs 51 L6 241,000 Ont Pw N Fall, .. .38 4 y s ks 41 Tnt A it b W 7s 41 . 4 o 50,000,000 by the members of the 000 Gen Steel &s o Aerle 604 o e B0 3 ¢ 2 91,000 Ontario Tran 85 Warp Bus e 41 i 974 10 [ Sntiatrial (Wholesats) power. & decrence 5 g 000 tain-teed 5lps b E E, Cemen G 346,000 O 5 46, New York Clearing House As:oclation. e % Y ‘ ¥ 000 on B % Nav: sop 4s 9 9’ Warren Bros cv s B8 3 of 18 per cent from 1931, 000 Chesap Corp 5s 4 4 Ore 8h Li 5s 48 ‘Without exception these banks all de- | 11538600 6" Gnio con 5s 5. g Nor 1t 100 Ore 8n Line sid by 40,7 10314 Wash Term s 45, o| “Total revenues from consumers of Waih Remr & 8339 o electricity are estimated at $1,840,000,- @lared their regular_dividends for the 00 O B Fandy s i 0k & a3 It Gt Nor o i - D00 Oes Aeae) ‘o Tass ¥ 44l gots 84 T 000 Wash Water B 5330 e o TR, ey | ik Boul\ Ky 454670 Trmd ma e Tul § far Hpare' sl 0Cad 1 ] s| VEEO0 GwinsS & or'a0 < 200y 7 Westen L'as 'l 1000 for 1932, a decrease of about $135,- 000 a3 o5 7 ar 6 . P E 3 1. S A 3 7 " F | 7 i i+ vl e Mor Moy 63 ] 0] i D500 Fac Gor'a Her bn Vol thos & . 1 000,000, or 7 per cent from the pre- 13 Paper_cvt A Pac RR of Mo lst West Md 45 53. it ceding ‘year.” 2 Greenbrier 45 40. H B X iy 1 ¢ T o Fub Ber s . WN ¥ & Paolst'5s'd7l ; | The average price of electricity for $0:000 Warts Spen. g 5o’ 4i 45 Ris G Am e dl-: = 1915000 Bac R0 M, %8 e : West Bact 158 Bi%dS 43:0 3 3 S0l X 43 | domestic use, he said, declined 3 per 12000 AT B RAA 44 gotion Inx TETLATE 2 i Bie A BT T g 1S 00 West Penn Pow 5s 46 2 cent, while utilization of electricity by . 10/404'000 1ot T & T deb 4155 5 Pad & Il 4'as B5. . ... 9b% 3 the average demestic consumer grew 444000 Tavess Ba 505" 00 ‘ 0 Fan-gm P 7 : : ; 133 | by 3 per cent. 308.000 invt:t Ea Bs 48 B ww 5 5 : R i S 4 2450000 Weae: “Thus, the net result was to give the 2000 Joyest e Bs 48 B aw 3 1000 Para-Pam-Lasky €5 47, 6 p 3 consumer more service for the same 0.000 Iowa Ce B s o N otk Lok OVus BB cvta.oc 2 ; 2% 3 amount of money. The total number Parmelee T cy 6s 44. Pat Pass by 49 Pathe Ex 7s . Penn Dix s 41 A Tt oie Besg Y] RR gold 613s 3 C South 1st %s BO ... 7 5 RE gen ba 08 C Term 1st 45 60 .. " ¥ S 000 Kans Gas & E 4%s 80 .. 5 92 n RR con 48 FEEE WSS 13 FIRMS REPRESENTED e Ticker Club of Washington con- 1000 :S;d 1932 with 13 _individual New | 4235000 ork Stock Exchange firms represented its membership. It starts 1933 with these firms represented: Auchincloss, Parker & Redpath, Charles D. Barney & Co. Fenner, Beane & Ungerleider: | Goodbody & Co.. Hemphill, Noyes & Co.; W. B. Hibbs & Co., Clark. Childs & : Keech, Mackubin, Goodrich & Co.: M.| 1i(u0 ot LN e J. Mechan & Co, G .M. P. Murphy & | 857 00 $ 48 0 C. Co. E. A. Pierce' & Co., Stein Bros. & A (L el Boyce, and Westheimer & C: 1 P gen 9 A The officers of the club are: Chester S W. Lockwood, president; Karl W. Corby, Quse’e wice president. Thomas W. Brahany, 1 o secretary-treasurer; Ralph Wolfe and Ch. 575000 Chi A. C. Flather, governors. a0 o e 33.000000 Cpi MARYLAND TOBACCO PRICES. | ,, 000 &t BALTIMORE, January 3 (Spectal).— | ‘With only two market cays last week, owing to the Christmas holiday, re ceipts of Maryland leaf tobacco to- taled only 90 hogsheads while sales| of 245 hogsheads were reported. leav- ing a stock in State tobacco warehouses of 31,384 hogsheads. Quotations today | 100 nds: Prosted and inferior,| 1. 7‘{;‘[::; Itn"Bu R .00a34.50; sound to good common, ' hi Un Sta s 63 B. .. $5.15; medium to good, $15.00a830.00: | ‘16000 Chi Un Bia s inds to fine red, $30.00a$41.00; fancy, 3000 Ghi Un Sta, 4%as 0 1.50a342.00. Seconds, common and 008 8 & wiiled medium, $4.00a$15.00; good to fine, 1.000 Childs Co ng $16.00a$28.00; 1931 crop good leaves,| HS3T000 Chile cop By 4 $2.00a$1200; wupper country burley, 1,70:&;‘%‘ Cinn Bominal. p —_— STOCKHOLM.—The governmental | gn geeiosical, research department hopes | Clear find new mineral deposits in North- | gec eorn Sweden and renewed appropriations bave been made for mineral research. Fa S 3241000 5 of domestic customers decreased during 1000 Wh the year by 250,000, a decrease of 1% i RO T B P 2 4| “With the falling off in gross rev- 1-40u000 St s 48 A = . | enues, there has not been a correspond- 32,000 /e ing reduction in taxes, and it is esti- 212,000 mated that taxes for 1932 will repre- sent 11 per cent of gross revenues as compared with 10.7 per cent in 1931.% SRS RSTeR2S s e o o e SR DO, 2 r 1303 5 o WA 99,000 Keith B F (s 46 BR sen 443 03,0 B 5 RR dlas 7 o 000 Kings' Co B 1 & P 51’ % : By, 000 0 pm fis . B 8 In, 0 Lt 6% 5 2 3 7 Kings Co Lt 5s 5 178000 Kinn & Co cvt 7lgs 3 Kresge Pound 6s 36 B It il RS 3 NEW QUARTERS IN 1932 0 751 £62:000 3 A FOREIGN BONDS, During 1931 the District of Columbia " e s ket aiage Bankers’ Association moved into new Pere Mara 4145 80. .. s y .| B In $1,000. __Bonds. and much enlarged quarters in the ;fif 8’1?“-“‘%,“::?‘,,“_ 3 Bond Building, Fourteenth street and 0is 6 3 hil Balt & W 55 74 | New York avenue, this step being of P A M 1970 [ : B Rt s i G | especial value to Washington Chapter, figoon 1 N noBe X 000 Enila Co s 67" % | American Institute of Banking, in su 000 X § 2 : + f ] Phil i e | plying greatly needed extra class room 000 Leh! as 5 : jAmace. 000 W G 8 During the year, the office of Prank 8000 Lahi. Val Coal hm‘:»s.' J. Hogan, couusel of the bankers' as- 43000 L Y | toclation, was successful in having s final interpretation in' the Court of Appeals in the Distriet of Columbia te- mmg to the liability of married women ettty S ot Moottt IR R RS R R AR SR e o L EFRRRESE 411,000 1:000 wasss, Val Coal Bs 34" ] Val of N Y 4ias 40. which had been amended in previous years so that banks can acoept the FEE BRL2. L 8 PP SR FF * hi Val 4o 8., high Val 88 3003, hi Val con 4%4s 2 signature of a married woman either for her own use or as sn.accommoda~ tion maker or indorser. hi Val con ——— i Val Val MANILA, Philippine Islands.—Hope that the Philippines in a few may be a leading producer of was expressed by Forestry Bureau offi- cials when the first bark was taken from the cing 00 SS DN . AR RER S RN R 8 e FEE P FEETRSE SFEF 'a g s atisy W a4l ll Ll +++4111] LY R iy *20e%8a ) %) B85S mgs:ms*mmuszszzzr R g R R e R R e e SRR PEEF & = R R R 1" e e Sk e e F RN e F FEE F & £ 1 spesse FFF I wn 4 3 1 rie 4r Jou000 Lone 1ot unifed 4 39 rillar Ty 44 SR7.000 lisrd % 2 ‘3i 101,000 Louisiana & Ark 5s u 2 & & £ o 641.000 et =3 = st e are, B0 ! R ST B OF SR =) Gl - R AR P A RS R A Ittt bt btk _ * 82322 C e £