Evening Star Newspaper, January 4, 1933, Page 15

" PRODUCE NARKETS - INDECLINNG TREND Losses During Year Range From 10 to 50 Per Cent in Leading Products. Markets for the leading farm products | fn 1932 wape dull and declining much of | the time, coys the United Staies De-| partment o Agriculture, Bureau of Ag- | rieultursl Economics, Market Ne Service. Sharp recoveries in late Sum- mer and early Fall were lost before the end of the year, except for lines usually in reduced supply at that season. The majority of products lost from 10 to more than 50 per cent during the past year, as quoted in the representative market centers. Bome itsms, including cotton, wool, lambs, potatoes, cheese, eggs and East- ern apples are selling fairly close to the averase prices of a year ago. Among the charpest important declines were those of 20 to 40 per cent on most kinds of grain, feeds and live stock. ‘The prevailing weakness of the farm markets in 1932 was commonly ex- pisined as due no;d aoumuc;\ 'w t;]x;y especially heavy production, but rather to pooru{iemlnd resulting from reduced incomes and lack of full employment. Butter Production Moderate. Butter production during the period January to November, 1932, was about the same as during the same period of 1931, but was nearly 5 per cent in ex- cesc of the five-year average, Stocks of butter in cold storage were consid- erably lighter than average during the entire year and were heavier than | same-date 1931 holdings only in Sep- | tember. ‘The decline in butter and other com- modity prices, which had its beginnin in the 11 of 1929 and’ which gaine fyrther momentum during 1930 and 1931, was continued during 1932. The average price of 92-score butter in New York of about 21 cents ;u 7 cents lower than the corresponding average for 1931, 11 cents under the 1910- 914 five-year average price and around 20 cents lower than the 1927-1931 five- year average quotation. Relatively speaking, the butter price structure was tg: weakest during September and Oc- tober. when prices this year held about steady instead of advancing rather sharply, as during most other years. ‘The expectation of a rather marked in- crease in the make of butter, due to re- zwd earlier Fall freshening of cows, unsatisfactory industrial situation, with the accompanying light wnmmf. tion, as well as the further decline in eral commodity prices, were among E conditions chiefly responsible for generally weak price situation. Cheese Markets. Cheese prices, in common with most other commodity values, continued to decline in 1932. The high point in | quotations was reached the first week | of the year. At the close of 1932, cheese prices were 1!, cents lower than &t the close of the year. Eggs Decline and Recover. ices in 1932, in sympathy with y& Jor all other agricultural prod- uets, reached at times the lowest levels since the beginning of the present cen- tury. The quentity of eggs stored in 1932 was the smaliest in & number of years. produstion per bird during the last half of the year was not as great as during the first half of the year of the latter part of “"'w":fifialfifi storage reserves for.years, together w Jow Fall production and terminal mar- ket receipts, caused eggs prices during the latter part of the year to take & greater than usual seasonel rise. Prices are being much better supported as the year draws to a close than they were a year ago, and while the seasonal decline is now under way it is not as sharp as 1t was at the end of last year. Poultry Markets Weak in 1932, ‘The. poi markets were weak and unsettled ali through the year. In sddition to the poor demand for cur- Tent consumption, there was & marksd absence of buying for storing in late Summer and early Fall, which tended to keen prices at a low level. The markets were further depressed during the closing months of the year by one of the Jargest turkey crops ever pro- duced. Turkeys were so plentiful and cheap at Thanksgiving and Christmas a4 to cause an almost complete neglect of other classes of poultry. Stocks of foulu'y in storage at the beginning of 933. will probably not be as large as 8t the beginning of 1932, Present indi- cations, however, point to little im- provement in demand, and the next Tew months at least may show a con- tinuance of the present weak and un- settled markets. | Produce in Light Demand. 1032 in fruit and vegetables markets was the apparently reduced buying | er and the general lack of demand | Toe most products except where there was a temporary shortage. Prices to rowers were low for nearly all products. B shipments were considerably lignt- er than the year before, but movement by motor truck increased in some districts, Toward the end of the year, potatoes approached more closely to the level of late 1931. Summer and Fall cabbage | crops ranged generally lower than & year ago Apple values were fair| early in 1932, but generally below the 1931 level most of this year. Live Stock Prices Cut. Price of cattie declined to the lowest levels recorded since 1911 and those of cattie and hogs to a lower basis than at any time since 1878. The market for both species touched the lowest basis of the 12-month period during the closing | month of the year, the average cost of slaughter steers and of hogs on the Chi- cago market for the week ended De-| cember 24 falling to $5.30 and $2.96 per | 100 pounds, respectively. The average| cost of slaughter steers on that market | for the torresponding week of 1931 was $7.05 and that of hogs $4.25. Lamb| Ch | Chi BOND UNITED STATES. (Sales are lnhu.m,x 10218 Lib 1st 4% 32-47 10225 Lib3%s 32-47,.,. Sales. High. Abitibl P&P 5s’63. Ab&Sthigs’4s Alleghany 5849 4 4 3| Allegnany 5s 5 Am Beet Sug 68 '35 13 Am1GChE¥%e'4s. Am Int1 635849, ., Am Sm&Ref 58 47, Am Sug Ref 68'37. Am T&T 438'39 Am Wat Wks 6575 Argentine 51:s'62. Argent 6s 61 May. Argentine 6s ‘59 Ju Argentine 6s '59 Oc Arm Del 5% 543 Atchison gn 45 °9 Atchison 4345 '48 52, AtiCLcl48’62.... AtICLun 413864, At Gulf&W1 5859, At Ref db58'37... Australia 415 '56. Australia 58°55 Australia 68’67 Avustrian 7 '43.. Austrian 7s '57. B&O 1st4s’4 B&O 4143’33 B&O4%s’'60 B & O 15t 5848, B&Oref5s'95 B&OrfosD B&OrfesC B& O Swdv 5 Batav Pet 4% Belgium 65 "5 Belglum 6%s '49 Belgium 7s '55. Belgium 7556, . .. Bell Tel Pa 53 B'48. Bel] Tel Pa b5 C"60. Benet Loan 85 '46 Berlin 633850, ... Berlin C El § Berlin Cy El 65 Berlin C El 6% 559 Beth Stl pm 55 '36. Beth St rf 5542, , Bolfvia 7869, . Bolivia8s'47., .. Bordeaux 63°3¢. .. Bos & Me 4%, s5'61J Me bs Brail 6145 '26- Brazil C R 1852 Brazil 8s 41 Bremen 7s Bklyn Elev 6% Bkiyn Man 65 A ‘68 Bklyn UnGasis'4s. Budapest 6562, ., Buenos A R 6s 61, BR & Pitts 4 %4857 Bush Ter con 68’55, Bush T Bldg bi Canada 48 ' Can Nat Ry 4% 3 Can Nat is ‘69 July Can Nat 5s 69 Oct. Can Nor 414535, ., 20 Can Nor db 6% 848 Can Nor deb 7340, Can Pac 44560 Can Pac 58 44 ctf: Can Pac 58 ‘64 Car Ciin & O 6 Cent Ga cn 58 '45. . Cent Il E&G 58’51 Cent Pac 1st 45 49, Cent Pac §s ‘60 Cert-td db 5% s '48. Cher Corp 55 '47.., C&Ogen4izn'9z, C&O4%sAS C&O4%sB'05 C&Oconb5s'39. .. CB&Qgn4s'ss,. CB&Q4%s'TT C M & StP gn 45'89 C M 8tP&P 65 " & NW gn 4x'87. Chi&NW 4155C'37. Chi & NW 43849, | Chi & NW 635 Probably the outstanding feature of | C ! ChiR143;1°60. .. Chi Un Sta 633863, le 63°62. Chile 7s°42. .. Chile Cop db 5 Chile Mtg Bk 65 Chl Mte Bk 6% '61 Chin GVtRy 68 ‘51, Cin Un Trm 58 2020 CCCESE L 4 48ETT CCC & St L 68 D'63 Clev Term b3 B '73. Cologne 635 '50 Colomb 6861 Jan. Colom 65 '61 Oct.... Colo & Sou 4%8 35 Colo & Sou 432580 Col G&E 55 52 May Col Gas & E 5861, Com Inves 5148 '49 Cons C M4 rf 58 '50 Con G NY 4V 51. &onGas N Y 58°57 Con G NY 6348 "45. values, while sharply lower practically throughout 1932 than during the pre- ceding 12-month period, attained a higher basis than a year earlier during| December and were relatively well sus- | tained throughout the year as ccmpared with cattle and hog prices. Receints { the first 11 months of the public markets wers 11,041 2 calves, 31,90 sheep crease by cla first 11 mont Catile, 116 sheep, 10.4 Grain Near Lowest Prices. Domestic grain markeis closed the| {nr 1932 at record or near record low | evels. The relatively large supplies are | moving slowly into trade and consum- ing channels. Stocks of wheat were well below the record supply on hand a | year ago, but a slow domestic demand! and the lack of an export outlet as the| result of depressed foreign currencies and trade barriers forced prices to the lowest point in the history of local morkets. Feed grain markets weekened durirg the last half of 1052 under the infiu- | ence of prcsgect!ve larger cupplies, the decline in wheat and a limited market and as a result of low live stock prices and unsatisfactory returns from dairy and poultry products. Corn prices gmmbfl 23 dropped to within 114 or 61| 9.7; its of the record low point at Chi- . December oats on December 3 lined to 1374 cents at Chicago, while zcembcr barley at Minneapolis de- ned to 203, cents on December 13. ‘The 1932 corn crop was 13 ({n’r cent larger than the 1931 crop snd 41 per cent above the short crop of 1920, he Berley crop was the third largest ever ‘oduced, while the cats crep vos about 1 per cent greater than in 1931. The earryover of corn from last sezson was the largest since 1926 and gave a total Con Pwr Jap 6%35. Con Pow Japan 7. Copenhag b8 ‘52 Cuba 5338 Cuba Nor § £ Del&Hud ref 45 '43 Denmark 4348 °62. . Denmark D&RG W s Det 134 4328 D '61. . Det Edison rf 5&'4! Det E % Det Edison 58 '55. . Dodge Bros 6s '40. Duguesne 4% A ‘67 Duquesne 4% B'57 DE15%s 53 Mar. Dutch East | 7 Dutch East | 6s°62 Krie 4s B '53. Erie zen 43 °96. Erie ref 55 '87 Erleref 55'75 Fiat deb 7s 46..... Finland 6s " Piniand 6%8 6 Finland 7s ‘50 Fram Ind 7 French Gov 7 o French Gv 7%8'¢1 Gelsenk'hen §8 84 Gen Baking b Gen Motor: Gen St Casb Gen Th Eq 68 T Cent BK 6 Ger Cen Bk Ger Cen Bk 6360 O Ger Cen Bk T8 '50. . | Ger Gen Elec 65 '43 Ger Gen s Ger Gov German Rep 78 supply of over three billion bushels Woofl"nnes&l:" 5 ks of oats and barley at the be- of the ourrent T, e smaller then last year and offset tly the increased production. | Goodrich 6s Goodyr Rub b | gr-ml Trunk rand Trunk 7840 26 103iall ¢ Low. 102 15 10216 103 22 7 24 99 15 1028 102 14 10210 104 24 10817 109 26 11 Low. 2 10: 10t 10 10! 30 1004 100% 03 THE EVENING STAR, ON NEW YO STOCK EXCHAN Received by Private Wire Direet to The Star Office. 5. 218 10225 98 15 1004 102 16 10216 210 5 4 10628 010 2:55. 13% 884 20% 9 58 8% 677 Sales. High. Low. 31 8 106% Grt Nor 448 D'76. 10 45 | Grt Nor 5%s B'52. B GrtNorgn7s'36., 26 Hudson Coal Hungary 7% 111 Bell Tell 6556 111 Cent ct tr 45 '52 111 Cent rf 4s '55 T Cent 4% '66. ..« 11 CCStL&N 4%s. 111 Steel db 434 ¥ Int Rap Tr rf 63 °66236 Int Rap Tr 6s'32.. 1 Int Rap Tr 7. . B4 Int Cement 58°48.. 14 Iot& GtN 68 B'56. 1 Int & Gt Nor 6s'52.117 Int&GNaj6s’'52. 2 Int Hydro E1 65'44. 22 Int Pap ref 58 A'47. 17 Int Tel&T 43s'39. 30 IntT&T 4%5'52.. IntT& T 5s'65 Italy 7s 51 Ttaly Pub 7 Japanese 535 '65. . Japanese 618 %4 . Jugosl Bnk 7 '57. . Kan City Sou 35'50. Kan City Sou 55'50. Kan City Ter 45'60. 2 Kan G&E 4%s'80. Karstadt 65°43. ... Kresge Found Kreug & Toll5s'59. Laclede Gas 55 ‘34. Laclede 5%8 C ‘53, Laslede 538 D Lautaro Nit 65 '54. Lig & Myers 5851, k Myers 7s "44. rf 4 . s La& Ark 5869, ... Lou G & El 63 A'62. L&Nuni4s'40... L&N4}jsC2003,, L&Nrfilss2003. Lyons 68°34....... McKes & R 6%#'50. Market St 75 A '40. Mex 45 ast 1910-45. Midvale St 55 °36. . Milan 634s ‘53, . Mil E Ry&L 5s '61. Mil E Ry&L 58°71. MSP&SSM cn 4s '38 MSP&SSM bs gt'38 MSP&SSM 518 '8 MK & T 1st 4s'90. MK&T4sB 62 MK &T 55 A '62 MK & T adj 55 '67. Mo Pac gn 4s°75. .. Mo Pacrf Gs A '65. Mo Pacis F'77... Mo Pac 55 G '78, Mo Pac 5s H ‘80, Mo Pac 53 1°81. Mo Pac5%s A Mont Pow s '43 Mont T 1st rf 58 Mor&Co 1st 4%6'39 Nassau Elee 43 51. Nat Dalry 5% 848, Nat Steel bs NEng T 18t 5852, N J Power 46360 NOT& Nw S W Cent db 34. Cent4s'98, .., Crf41ts2013. Crf4%s2013n Crf5s2013... N Y Cent db 68'35. NYC&StL 4%8"18. NYC&SL5 135474 N ¥ Fdison 58 B'44 N Y Edison s C'51 NYEdrf6%s'41. N Y EL H&P ¢s'49 NY EL H&P 58 48. NY NH&H cit 65'40 NY NH&H 6548, , NY O&W rf 48 N Y Tel gn 4%s 33 NY W&B 475 '46. . Nia Sh Md 5850 Nord 6% '50. Nor & Wnen 45’96 Norf&Wn div 45’44 North Am Co 5s '61 Nor Am Bd 55 N Nw NY NY NY NY Ny NY N N o = Re-Rateamte==5h. 8 N Ger Lloyd 65°47. NorOT&L 6s 47. Nor Pac gn 3s 2047, Nor Pac 4s'97..... Nor Pac 4%s 2047, Nor Pac 5s D 2047. Nor Pac ri 652047, Nor 8t Pw 55 A ‘41. Norway 5863 . Norway [%s'65 o DB s Norway 68 '52. . Oreg-Wash 48°61., 15858 wolinnel xead Rabante e Owens 111Gl 5539, Pae G&E 5542 Pag T&T 1st Pae T&T rf 5 Paramount 6s ‘4 Param-Pub 5% & Paris Or 535 '68 Penn sta 45 '48 Penn 4%s D'81, Penncn 4%s Penn gn 4% i 10614 107% 108% 15 Philippine R Phiilip Pet 5% Pillsb F M PCC&StL & Poland Ts 47 Poland 38 ‘50 Port Gn El 4% 1360 Por RAm T 6542, Pos Tel & C5s'53.. Press 8t] Car bs ‘33 Prussia 68’ . Prussia 6% 51. .. Public Serv 4s'71.. Pub Sv G 414 Pure Oll 5%8 Pure Ol 5% Read 438 A°97... Rem It 7 Rhinelbe U 7s'46. . Rhine Ruhr 6s { Rhine West 6s Rhine West 6s '5. Rnine West 68 '55. Rich Oil Cal . Rio de Jan 6 RioDeJan ext R Gr Do Sul 6s R Gr Do Sul 8545 Rio Gr W 1st 4539 Rio Gr W clt 4349, RIAr& L4% Rome 6%5'5. Royal Dutch 4; | Rumania 7s ‘59 % | StL IM R&G '33. St L&SF 48 A "50.. StL&SF4%8'18. StL SF 4145'78ct st St L&SF 58 B '50. . St L SW 1st 58 '52. St P Un Dep 5s'72. Sao Pau 78'40. 1 60% | Serbs-Cr-Sl 8 108 Shell U O11 58 47 Shell U O bs ‘49w Silesia Prov 7s '38. Sine Cr 0 5%s'38.. s B3 ne Ofl Ts A '37... Sine P L 5242 Sou P‘“l’"l wwW. SouPac4%s'sl... . 2:88. 105% | 45 | Third Av adj 58 WASHINGTON, BONDS IRREGULAR IN LIGHT TRADING New High Marks Are Re- corded by Several U. S. Treasury Issues. BY CHARLES F. SPEARE. Special Dispatci to The Siar. NEW YORK, January 4—New high prices for the movemcnt on several cf the United States Treasury issues, a re- action in German bonds and wide fluc- tuations in & number of domestic cor- | poration loans were the features of the investment market todav. The Treasury 4Ys crossed 110, their previous high. The Treasury 3'gs ad- vanced 14 and were also above their previous best price. The Tieasury 3s made an equal gain, which brought them up to 98. The Liberty fourth 4%s, the first Liberty 3lis and the Treasury 33;s were all strong. Demand appeared to be coming from th2 same sources that were respcnsible for the December rise. This buying is reflected in the bank statements now being issued where Government securi- tles show a general increase over thost in the September 30 portfolios. In view of the extensive rise that German issues have experienced in re- cent weeks, it was not surprising that there should be some reaction in them today. In the early operations there were only fractional declines in the German Government 558, which stood around 60, and in the 7s, which were still above 80. Prussian 6'is declined 2 peints, Scandinavian loans were all strong, as were French issues and Australians. The rotis of the short-teim Arg: and extension of the remainder until next October assisted the long-term At gentine Government 6s, which were up ® point and on an average about 10 pol}x)\ou above the low of December. Brass Products Reduced. NEW YORK, January 4 () —Amer- fcan Brass Co. has reduced the base price of general brass products 15 cents & pound, while copper products have been cut 1% cents a pound. BONDS ON THE CURB Low. Noon. DOMESTIC BONDS. High. 56 D0Ya 0042 a8 D. C., Received by Private Wire Stock and Dividend Rate. Acme Wire vtc. ... Adams Millis 15t 7, AeroSupplyB..... 1 % Alabama Pw pf (7) 108 64 Allled Mlls....... 2 3% Aluminum of Amer1200s 50 Aluminum Ltd. 1 19% Am Bakerles A (1). 1 Am Clties P& L B. Am Cyanamid B... 1 ‘Am El Sc pt pf 40c. Am & For Pw war. Am Founders. ..... Am Gas & El (11). Am Investment. .., Am Lt & Tr (213) Am Superpower. | Am Super 15t pf 6., Arkansas NtGs A. ‘Asso Gas&Elec (A) Asso Gas & E war Atlas Utilities Atlas Util war Blue Ridge. ... | Blue Ridge ¢ pf a3. | Braztlian TL & P... | BrinB. ... Brit-Am 0il C 80c. . Buff N&E 15t pf. Butler Bros. . Canadian Marconi. Carrier Corp...... Cent Pub Sv | Cent States Elec. | Childs pf. | Cities Service. Cities Service pf-.. 8 Col G & E cv pf(5).1508 Col Oil & Gas vic., 2 Columbia Pictur: | Comwlth Edis (5).. Comstock Tunnel. . Consol Copper........ “ons Gas Balt 3.60. Cord COrp......... Corroon & Rey pf A Creole Petroleum. . Crocker Wheeler. . Deere & Co Sale— Add 00. High. Low. c:o:: : I ,| 1 174 & 2 2% 0 1o B e Detroft Alreraft. Fastr G&F pf (8) F1 Bd & Share b§ | E1 Bd & Share pt 6. | ¥1 B & Share pf 5. | Elec Pwr AS(A)60c c P&L 24 pf(A) 1768 Emp Dist Elec pf.. 50s 12 Grain Market | | i By the Associated Press. CHICAGO, January 4—Fresh ad- vances in grain values prevailed® early '7| today from persistent strength of the Liverpool wheat market. Possibilities of 8 cold wave in domestic Winter 2| wheat territory Southwest served also as a stimulus to buyers. Opening 353-%; higher, Chicago wheat futures confinued upgrade. Corn started at Ja-3s advance and subse- quently rose’ further. Priends of higher prices contended | European traders were giving marked | recognition to the fact t! without the 3+ | United States surplus the world wheat 16'a e npie [ 1Con Gs Ut 6 A 2 10 Conem Pow 4% 1035 1084 2 5Bt & 007 90 i Gen Wt 33 Gergin Pw_ 5 1 Gillette 8 Rz 1 Gulf Ofl Pa b Rub 5" g 1% K% 10144 101% I s 07 . 53 '40 5 47, 6 R 4La P & L Bs L ¥7'a 4 Mass Gas_ 5 8 99T 99% 90T ®5* ws ' s &2 82 B2 9ita 043 13 176 87 8 961 9612 94 04 95% 94% 1023 1023 RRYz N Y P& jo T&L 55 '56 8 Nor Bt 7 4120”01 v 8 P&l 4138 ate H Wa 4138 WP 59 10143 68 10415 10413 ift Co ec P&l s Bs 40 wi 5s 60 wi Bs '86., Hanover 2 Ruh G 21 Stinnes Www—With XW— n—New. wiWhen issued. City"7s " C 6l A "33 ‘36 xw... Sales. High. Sou P&Or 43%sA'77 18 59% Sou Ry gn 4s A'66. 30 Sou Ry 55 '94. . Sou Ry gn 68 '56. Sou Rv 645 '56 SW Be/I T s A '54. StOIN J 5s 46 StOIINY 434851, Studebaker 65 ‘43 Sweden 54854 Taiwan E P 5% 3’71 Tenn E1 P 63 A "47. Ter As St L 45 '53. Tex & Ark 5% Tex Corp cv 5a ‘44, Tex &P 53 C'T9. Tex & PacisD'80. 5 0 20 Toh P NJ 6148 2022 128 Toho El Pw 78°35.. 1 Toklo 5%s'61..... 10 Toklo EI Lt 68°53. 20 24% 26 1047% % 9T 41% 98 “ 10 | Union El L&P 55’57 27 UE&P 15t 5% SA'54 Un Pac 1st 45°47.. UnPac4s’6s...... Un Pac rf 45 2008. Un Pac 4%s°67 Unit Drug 65 °53. U S Rubber 5847 UnSt W6lks A'T. Un St W 6%s A'51. UASt W 6345 C'51. Upper Austria7s'45 Uruguay 65 °60. Utah P& L 5544, , Utll Pw 55 '5y ww. Util Pow 5138 '47. . Vanadium St 5s'41. Va E1&Pwr 618 '42 Va Ry & Pw 6324, Wabash 43%s°18. .. Wabash 1st 55°39.. Wabash 2d 5539 Wabash 55 B " Wabash 5%s '75. Walworth 6s A '45. Warn Br Pic 65'39. Warsaw 18" 3 West El db West Md 18t 45 '52. 46% 108% 102% 102% 4 52 West Md 5158 '77. West Pac §s A '46, West Union § West Union § . West Un 634836, . Westphalia 63 '53. . W1l & Co 15t 68 41, Yokohama 6s ‘61 Ygatn S&T 53 A' old, 20a26: young, 25a35; | Poul dressed — Tu! |supply and demand situation was a strong rather than a wesk one. In { addition, the phenomenally small move- ment of domestic wheat was asserted | to afford conclusive evidence that wheat | in this country was not avallable either to foreign or home markets at prevail- ing prices. Attention was also given to word that Brazil's ban on flour im- | ports would soon expire, indicating like- lihood the United States could expect renex\:lnl of a good flour market in Brazil. B 15*| " More than a cent a bushel advance for wheat was soon attained. | the incentives were statements by a | trade authority that indications pointed to increased world shipments the ensu- | ing_seven months and that importing | countries had used their native wheal to an unusual extent of late. A Liver- pool cable said the market there con- tinued to advance, with no pressure to sell and a good general demand. Corn and oats moved up with wheat. Provisions were responsive to hog market upturns. Washington Produce WHOLESALE PRICES. Butter—One-pound prints (93 score), |28; tub, 27; one-pound prints (92 score). | 27; tub, 26; one-pound prints (90 score), {26, tub, 25. | * Eggs—Hennery whites, 30a32; current receipts, 28; Government graded extras, | 35; standards, 33; medium, 31; medium | white, 25a28; pullets, 2225. | 16; younz toms, 14; old toms, 8; old | hens, 10; chickens, Plymouth Rock | broilers, 16a18; Plymouth Rocks, 4 pounds and over, 15a16; under, 12a13; mixed colored chickens, 12al horn, 10; colored hens, 13a15; Leghorn hens, 6 ens, 4 pounds and over, | 12a14; capons, large, 19a21: small, 15a 16; roasting chickens. 15a16; keats, roosters, 7a8. . rkeys, young {hens, 18a20; toms, 16a18; old toms, 10; old hens, 12al4; chickens, | Plymouth Rocks, 4 pounds and over, | 17a19; under, 14a15; Plymouth Rock broil 18220; capons, large, 21a23; emall, 17a19; mixed colored chickens, 14a15; Leghorns, 14; roosters, 10al2; hens, 4 pounds and over, 15a17; keats, young, 40; old 25a30. Meats—Beef, 11; veal, 11; lamb, 15; rk loins, 10; fresh hams, 9% ; smoked ms, 11; strip bacon, 13; 7; com- pound, 7. Live stock—Hogs, light and medium, 3.00a3.25; heavy, 2.50a3.00; pigs, 2.50a 3.15; roughs, 1.75a2.25; lambs, 3.0086.00; calves, 3.0026.00. | Fruits—Apples, bushel, 50a1.50; box | stock, 1.75a2.00: pears, 2.5083.00; | bananas, 75a2.50; California, 3.00a4.5 Florida, 5.5086.50° tangerines, | fruit, 2.503.50; grapes, gator pears, 2.00a2.75: casabas, 2.50; | Christmas melons, 2.50; persimmons, | 1.00; trlnberr'.l‘es, 2.0&32,']5; Ppineapples, , 20 sweets, 50a75; tomatoes, repacks, three-pan containers, 2.00a 2.25; 30-pound lugs, 3.00; lettuce, Ice- | berg, 200a2.50; Florida, 1.00a1.50; beets, Californiz, crate, 3.00; carrots, ermte, |3.00; celery, 2.00a2.50; bunches, 50a60; | spinach, Texas, 1.10a1.25; home-grown |1.00; broccoli '2.50a2.75: string beans, 1.00a2.50; limas, 2.75a3.25; turnips, 75: peppers, ' 3.00a4.00; squash, 2.25a2.50; artichokes, 3.25a3.50; parsnips, 1.252 1.50; salsify, 100 bunches, 5.00; onions, Poultry, alive—Turkeys, young hens, | WEDNESDAY., JANUARY 4, 1933, N. Y. CURB MARKET Direet to The Star Offies Stock and ~ Sale— Dividend Rate Add 00, High. Fedders Mfg (A).. 1 2% Fisk Rubber (new) 1 Florida P & L pf(7) 508 Ford Motor CanA. 1 Ford Motor France 2 General Aviation.. 1 Gen E1 Ltd 20 2-5¢. 1 Georgia Pw pf (8).1508 Glen Alden Coal. .. Globe Underw k3 Goldman Sachs. . .. Graymur Corp (1). GulfOilof Pa..... Hamilton Gas vte. Hazeltine Corp. ... Hollinger Gld t75c. Humble Oil (2).... Hydro Elee Secur. . TP &Lpt (6). 1% 1 Int Uti1 B.. Interstate Equit! Interstate Eq cv pf Lake 8hore (13)... Lefcourt Realty. .. Lehigh C & N 80c.. Lone Star G béde 5 Lone Isl Lt pf (7). 10s Loung ILempf B6 76s Mavis Bottlinz A.. Mich Gas & Oil.... Midl West Utllities Mountain Prod 80c. t Fuel Gas (1).. BO~AN L0~ Nat Invest war. ... t Pw&Lt pf (6). 150 Nat Transit (80c) . New Eng Pw pf (6) 20 Newmont Mining. . N Y Tel pf (61%) Niaz Hud Pwr ©Hud (A) war. 5 Sha(Md)B 20¢c 5 pissing......... 10 oma Electric. North Europ Oil.., Northern P L(i0¢). North Sta P A (6). orthwest Eng. ovadel Agne (5). Pac G&F 1st pf 1% Pacific Light pf (51258 Paramount Motors. 1 Parke Davis $1.30. 1 Penroad Corp. Phil Morris Inc. Pioneer Gold 24c. . Pitney Bow P b4 % . Pittsbeh&LE (21 Pitts Plate Gls (1), Premier Gold (12¢) 1 Prudential Inv.... 4 Safety Car H & Lt. 100s 8t Regis Paper 25 St Regis Paper p! ®: .3 e 1 1 2 2 ‘ 1 4 1 . 25 1408 Sec Allied Cp(k25c) 1 Selected Industries 2 Sel Indall ofs(3%) 2 Shenandoah Corp. . 3 Shenandoah pf.... 2 Sherwin-Wms 17 . 1508 SouCalEdpfB1% 1 Sou Cal Ed pf C 13 Sou Pipe Line(80c) Southland Roy 20c. Spanish & Gen rets Stand Ofl Ind (1), . Stand Ofl Ky 1 Swift & Co * Swift Intl (+4) Svlvania Gold t5 Technicolor. . Tech Hughes (60¢) Tung Sol Lmppf3. 1 Unit Air pfAxw(3) 1508 Tinited Founders. . 17nited Gas. Utd Gas pf (334).. Unit Lt&Pwr (A).. Tnit Lt & Pywrpf.. 17 S Elec Pwr ww U 8 Foil B(30¢c). US & Intl Bec. . 1 1 6 1 3 2 H 1 2 3 1 6 8 1% 21 Venezuelan Pete Walgreen Co (1).. Willow Cafeterias, Woodley Petrol. Wright Hargrea 3% “Y" Oll & Gas (A). - Dividend rates 4 quarterty” or" semianousr” paymonc® Yt fi & 131 1% 2% 1314 1% 214 3% cividend tPartly extra. Pavable in cash or stock. b stock. e Adjustment divicend in c 8% in stock in 27 i stock 3% in stock. n Plus in in last year—no resuisr rate. Special Dispatch to The Star. NEW YORK, January 4.— Cotton prices opened up 1 to 3 points here tcday following the firmness in Bremen. Although trading was in fair volume in Liverpool, prices there were easler. Opening quotations were: 6.00, up 1; May 6.12, up 1; July 6.24, up 1; October 6.44, up 3. Silver Production in Canada. OTTAWA, ‘January 4 (#).—Silver produced in October amounted to 1,511,120 ounces, as compared with 1,171,575 ounces in the previous month and 1,698,935 ounces for the correspond- ing month of 1931, says a report issued by the Dominion Bureau of Statistics, Production for the first 10 months of 1932 totaled 15,162,762 ounces, a de- crease of 13.4 per cent when compared with the corresponding period of 1931, when 17,506,635 ounces were produced. The average price for silver in Cana- dian funds was 29.808 cents per ounce. Computed at this price, the October Broduction was worth $480.441. First Mortgage Loans Lowest Rates of Interest and Commission Thomas J. Fisher & Company, Inc. T R TP SO ENTERPRISE SERIAL BUILDING ASSOCIATION 7th and Indiana Ave. N.W. LOANS ed Distriet of Co- Estate Security 69th Series of Stock Now Open for Subscription b T ey INVEST YOUR XMAS MONEY IN SAFE 60a75; peas, 3.00a3,75; cabbage, new, 1.00a1.10; old, 75a90. Market Averages By the Associated Press. Yesterday . Previous day. eek ag0 ... Month ago . Year ago 3 years .-.-5 15“ h";b& Low 1033 EReBar o FIRST MORTGAGES by direct Pirst ls. ln‘d’ We off produciny —secure enomi s as Low as §100 Monthly Payments If Dasired REAL ESTATE MOBTGAGE :Nn 1610 K Street FIRST MORTCAGE LOANS In the District of Colum- bia and Nearby Maryland and Virginia - \/EAVER BRO REALTORS 1o o s Wi Building Distriet 9486 Loen Correspons March, ! t == AFTER FIRM START oy, | common quarterly dividend of 377 cents | heaviness, which trend was mirrored by | | fleld stocks of automobile makers and | acquire Graymur through an exchange | { betal common share for each Graymur | |in the previous year. GO 8% | Public Utilities Lead in Up- swing, but Oils Show Heaviness. Y JOHN A. CRONE. Special Dispatch to The Star. NEW YORK, January 4.—The Curb Exchange. after opening firm, con- tinued upward as trading tapered today. Public utilities, like Electric Bond & Share, American Gas & Electric, Con- solidated Gas of Baltimore, American & | Foreign Power warrants and United Light & Power A, were active and high- | er in the first two hours. Meanwhile | the olls generally were inclined to Standard Oil of Indiana, International | Fetroleum and Cities Service. Aside from the usual weekly steel re- view, some optimistic ccmments here and there on the low or non-existent further gasoline price reductions, there Wwas no general news overnight of mar- ket importance. Graymur Corporation featured in- vestment companies as it opened at its highest level in two years. The early bulge of 2% points to 19 was in re- sponse to an announcement that Tri- Continental Corporation, whose war- rants are listed on the curb, plans to | of stock. The latter's shareholders are offered $20 principal amount of new | 5 per cent convertible debentures of Tri-Continental and one Tri-Conti- | share. Northern States Power of Delawave sold off fractionally as the company reported net for the 12 months ended November 30, 1932, of $7,368,512 against $8,998,157 in the previous year. Beneficial Loan ration, which was weak on Tuesday, lared the regular a share. Philadelphia Co., whose new common shares in recent sessions re- covered 21, points, today made a bet- ter than expected earning report. Net of $9,122920 for the 12 months ended November 30 compared with $14,913,252 Gold shares abeorbed tape readers’ interest in the noon hour as a groun of the Canacian .yellow metal mines were interspersed among other trades. Lake Shore Mines, Teck Hughss, Hol- g Organized 1879 DECEMBER STOCK GAIN REDUCES YEAR'S LOSS Decrease in Value of Securities During Twelvemonth Reaches 14.6 Per Cent. Spectal Dispatch to The Star. NEW YORK. January 4~—~The ma: - ket value of 100 representative common stocks decreased 14.6 per cent in 1933 from $10,624.433,000 to $9,067,062,000, according to Frazier, Jelke & Co. The depreciation of $1,557,371,000 compares with a decline of $10,784,330,000, or 50.3 per cent in 1931 and a loss of $8,700,- 190,000 in 1930. The largest 1932 loss in dollars was $447,980,000 in the motors. On & per- centage basis, the largest decline was 37.7 per cent in the motors. The elec- trical equipment dropped 34.1 per cent, the steels 27.7 per cent, the amuse- ments 21.1 per cent, the miscellaneous industrials 20.8 per cent, the rails 18.5 per cent, the retail issues 16.5 cent, the foods 14.5 per cent, the mines 13.8 per cent, the railroad equipments, 9.7 per cent, the utilities 4.3 per cent and the chemicgls 1.6 per cent. The ad- vence in the oils was 7.1 per cent, or $116,947,000. In the month of December the market value of the 100 issues advanced $485,- 542,000, or 5.6 per cent. December advance in dollars _was $186,710,000 in the utilities, ‘Three groups declined—the steels 108 per cent, the amusements 9.6 per cent and the railroad equipments 4.6 per cent. On a percentage basis, the largest De= cember advance was 16.2 per cent in the chemicals. The utilities gained 11.8 per cent, the electrical equipments 8.9 per cent, the foods 8.3 per cent, both the rails and retail issues 7.7 per cent, the | industriels, 6.6 per cent, the motors 4.9 per cent, the mines 1 per cent and the olls three-tenths of 1 per cent. California 0il Production. NEW YORK, January 4 (#)—Cali~ fornia crude oil production in the week ended December 31 averaged 465,180 berrels daily, a decrease of 7,320 from t;l,e l%revious week, says California Ofl orld, Railway Travel Declines. NEW YORK, January 4 (#).—Travel on local electric railways and bus lines in the United States during 1932 was about 12 per cent below that of 1931, theuAmtflfln ‘Transit *Association esti= mates. | O 53rd YEAR GOMPLETED Equitable Co-Operative Bldg. Ass’n JOHN JOY EDSON, President WALTER 8. PRATT, Jr., Secretary $6,251,006.24 Subscriptions for the 104th Issue of Stock Being Received SYSTEMAT BUT COUNTS. today. IC SAVING Alwayvs remember it is not what vou earn, WHAT YOU SAVE THAT The Equitable is helping hun- dreds to become financially recognized thru their Systematic saving plan. saver thru this plan? Are you a If not—then join 915 F St. N.W. A O tage of them. gency reserve. The Interest Paid on Savings A OF COLUMBIA SOUTHWEST CORNE| FIFTEENTH AND M STREETS NORTHWEST Coming Opportunities In these coming months opportunities will arise for those who command ready cash and are in position to tzke advan- A “Union Trust” savings account is an unexcelled “opportunity fund” or emer- pound interest and is always ready for you when you need it. s SAZ N o AT Sl Sod SAZS money earns com- ZSAZ SA7 Checking and ccounts [SAZ ST OF THE DISTRICT MORTG SOMETHING FOR YOUNG FATHERS TO CONSIDER As the y oungsters grow up there will be need for funds with which to give them the education they deserve. But thi resources provide for through inv Over a Third of a In them fixed and is Century Without a Loss taep made; and Investor. secured by need not be a drain on your if you take ‘steps now to it. It can well be done estment in our 6% FIRST MORTGAGES the interest is definitely continuous, covering the period of years for which the loan is the money invested is first trust on improved Washington real estate which has been conservatively appraised. May . be purchased in amounts from 250 up. B. E. SAUL CO. National 2100 THERE ‘IS 'NO SUBST 925 15th St. N.W.’ ITUTE FOR SAFETY