Evening Star Newspaper, November 25, 1934, Page 64

FINANCIAL. THE SUN NDAY STAR, WASHINGTO CURB ISSUES MOST ACTIVE SINGE JULY Transfer of 125,000 Shares Reported, With Gains Steady. By the Assoclated Press. NEW YORK, November 24—The curb market showed further improve- ment today, extending the advance of the two previous sessions. Trading was the most active for a Saturday since last July, transfers approximat- ing 125,000 shares, against 78,000 shares a week ago. The list opened narrow, but mod- erate buying orders soon appeared. Activity broadened during the second hour and advances widened in most sections of the market. Allied Mills and Hiram Walker rose more than a point each. Electric Bond & Share was fractionally high- er. Among less active power issues gains of about 2 points were recorded by Columbia Gas & Electric converti- ble preferred and United Gas pre- ferred. A steady to moderately higher price ! level was shown by Sherwin-Williams, Swift International, Wright Har- greaves, Greyhound Corp., Distillers Corp.-Segrams, Pepperell Manufactur- ing, Philip Morris, Aluminum Co. of America, Humble Oil 'and American Cyanamid B. 408 LOANS GRANTED BY RESERVE BANKS Other Applications for Industrial Advance Allowed Under Certain Conditions. By the Associated Press. Through October 31, the Federal Reserve Banks had approved uncon- ditionally 408 applications for in- dustrial advances. ‘These involved Reserve bank parti- cipation of $17,415,000. In addition, the banks had approved 231 applica- tions for $9.628,000 subject to fulfill- ment by the applicants of specified conditions The Reserve banks had disbursed on these approved loans $6.226,000 and received repayments of $77,000, leav- ing $6,149,000 of advances outstanding on October 31. Commitments for $3,- 218,000 were also outstanding on that date. Industrial Advisory Committees had recommended approval of applications totaling about 35,000,000, including those recommended subject to condi- tions, DULIN NEW PUBLIC AFFAIRS CHAIRMAN Banker Named by Institute Chap- ter Head to Plan Group Meetings. James M. Dulin, jr., treasurer of the American Security & Trust Co., has been appointed chairman of the Public Affairs and Public Relations Committee of Washington Chapter, American Institute of Banking. He is a past president of the chapter and has served as chairman of all of its important committees during his long association. Mr. Dulin is the in- structor in the chapter class in in- vestments, which position he has held for a number of years. President Sanderson desires to re- vive the activity of this committee, which has been more or less dormant for the past few years, and Mr. Dulin and his committee will attempt to accomplish this revival through a medium of furnishing speakers for high school meetings, association meetings and similar group meetings. In addition, the committee will work in close harmony with a similar com- mittee of the District of Columbia Bankers' Association. Other members of the committee are I J. Roberts, assistant cashier Riggs National Bank; T. Hunton Leith, secretary Security Savings and Commercial Bank: Robert H. Lacey, cashier Columbia National Bank, and W. J. Waller, vice president and cashier Hamilton National Bank. INVESTMENT TRUSTS NEW YORK, November 24 (#).—New York Security Dealers” Association: (Closing quotations.) Admin Fund ww , ‘Amerex Hold Am & Gen Ser Am Am Bankstocks . Am Business Shrs Am Fdrs 67 pf. Am Fdrs 77 pf. oc Stand Oil" ] camer Blair ic Industry Biitien "Type Tnv Bullock Fund . Can Tnv_Fun Conial Nat Gorp Central Nat Corp Century Tr Shrs Commercial Nat_Co; Cumulative Tr Sh Corporate Trust 2 Corporate Trust A'A Corp Tr A_A Gorporate Trust Acéim’ Ser Corp Tr Accum Ser mod Crum & Forster . ..... Crum & Forst &< pf Crum & Forst Ins Crum & Forst Ins Depos Bk 8h N Y A Fidelity Pund Inc Five Year Fixed Tr Fixed Trust 8h A xed Trust Sh B Fund Investors Inc . hrs Inv Tr N Y Coll Major Corp Shrs Mass Invest Tr Mutual Invest Nation Wide Sec Bec Int Sec 67 1st Belected Am Sh Selected Am Sh Inc’ Selected Cumul Sh . Selected Income Sh of Al of of of of uper of Am Tr Rupervised Shrs .. Trust Fund Shrs People Digging Into Socks to Buy Luxuries By the Associated Press NEW YORK, November 24—In the demand for certain goods classified as luxuries, trade observ- ers detect a growing urge to take money out of the sock and to convert it into material things. “Retailers of jewelry, expensive evening toilets, restauranteurs and hotel men now have prospects of a return of profits after four long years of dwindling receipts,” Dun & Bradstreet, Inc., report. ‘Whether that means people are convinced the purchasing power of the dollar will decline or have been reaching for a higher standard of living again as a result of increased incomes divides opinions in finan- cial quarters. Anyway, the trades benefiting from such demand, it was pointed out, would not be likely to look the gift horse in the mouth too closely. NEW YORK SUGAR NEW YORK, November 24 (#).— Raw sugar was unchanged today as far as spot supplies were concerned. They were held at the 3.08!; level, but sugars for use in January in com- bination with sales for use this year were available at still greater con- cessions. No sales were confirmed to- day, but it developed that earlier sales were effected including 2,100 bags of Cubas from store here at 298, and 40,000 bags of Cubas from first hands, half for use this year at 3.08!; and half for use next year at 2.50. Futures were easier under liquida- tion and hedge selling, closing 1 to 3 points net lower. Sales 3,700 tons, including 1.300 in exchanges. December contracts, ruled relatively steady throughout the session, selling at 1.77, or unchanged from the previ- ous close. Aside from covering on the scale down and a little trade buying against sales of actuals, there was little demand, and final prices were at or within a point of the lowest. By the Associated Press. CHICAGO, November 24.—Corn went soaring anew today and reached fresh top price records for the season, 2 cents up overnight. Trade leaders said feed shortage was too great to be fully relieved either by substitution or importation, and that adjustments could only be attained through further advances before the end of the crop year. No. 1 white corn commanded $1.01% a bushel. Corn closed 4trong, !2al”y above yesterday's finish; May, 86%a867; wheat firm, 1 to 1% cents up; May, 9854a98% ; oats, % off to % up, and provisions unchanged to a rise of 12 cents. Wheat futures purchases yesterday totaled 22,115,000 bushels; corn, 16,- 066,000. Open interest in wheat was 133,452,000 bushels, and in corn, 79,- 809,000. wm:n'—()nm High. 997, LARD— December 10.30 1040 10552 January. SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) Allis-Chalmers Co. 55 Amer. Beet Sugar s 1 Am Tel Y Atlantic California Packing 58 19 Canad. Nor. Ry. 4las 1 ol Chi Gas Lt & Chi Northwest 6'as 19: Colorado & So. 4125 193 Delaware & Hudson 5s Den. & Rio Gr. 4!3s 18 gauon El. Illum, 4: Great Northern 7 Tllinois Central 61as 1 tl Tel & Tel 4 10078 104%2 106 94 1007 10234 Co. Porilana Gen Bl 55 1055 Pure Oil Co 5%s 193 Rep, Iron & Steel bs 1040 Sinclair Cons OIl 7s 19: Vanadium Corp 53 1441 Rwy Co 5s 1939 . Warner Bros 6s 1939 —_— NEW YORK PRODUCE. YORK. November 24 (¥ —Egus. steady. ~ All mixed colors u hianged. © White ‘and "brown “eges un- change Butter. 5799, firmer. Creamery, higher than_extra = 30%aa31: e 02 ' score). 30: first (KR-D1 scores), 2 a: ged Live boultry steady. 12a19; broilers. _express, 2818: roosters. trelght, 117 ducks, frefght. 10a ht and express un- aquoted. Dressed _poultry irregular. _Turkeys. fresh. 18a30: ducks, fresh.” 17; other grades unchanged. —_— U S. TREASURY NOTES. YORK. November 24 rices auoted 1n aon-u and thirty- ucond pprox. Alled. Held " ol " other pril September ' March .. DrPoReeeRES: Market Averages By the Assoctated Press. Yesterday a4, b 520 SREZRBEAA o oo CrrhES: 2504 eo3a Yesterday Previous Week o 2 SZEBNSr2a22% BWID L e g (Copyright. 1934. 8td. FOR WEEK ENDING SATURDAY, NOVEMBER 24, 1934, By the Associated Press. -— 1934 — High. 11 4 5% 3 1 63% 52 5814 10% 24 128 10% 3% 391 76 % 61y 54 u17 20% 26'% 40 10% 814 16% 25 3% 91y Low Btocks and dividend: 64 Acme Wire vte. . 1% Aero Supply Mf; 10 Alnsworth Mfg # Air Investors In Ia Air Investors w 40 Ala Great South'n (pz). 323 Ala Pwr pf (6).. 31% Ala Pwr pf (7) 515 Allled Mills Inc, 48% Aluminum Co of Amer.. 60 Alum Coof Am pf1i. 181 Aluminum Ltd. ., 3 Alum Ltd C war 1 Am Beverage Corp. 48 Am Book Co (4).. 23% AmCIt P& LA (a3). 113 Am City P&L B (k10¢). 14% Am Cyan B (k26¢). 1 Am Equitfes. . 274 Am & For P war. % Am Founde! 9% Am Found 1st pf D. !Gl. Am Gas & El (31) 72% Am Gas & E1 pf (6 "3 " Am Invest Inc. . 107 Am Laundry )‘(‘h(loc).. 814 Am Lt & Trac (1.20). 19 AmLt&Trpf (1%). 20 Am Maize Prod (k1%). % Am Maracaibo. . 7 Am Meter Co. 1% Am Superpow: 9 Am Superp p: 50 Am Superp 1st pf (6) 313 Am Thread pf (25¢) 3 Anchor Post Fence, 7 Ark Nat Gas A 1% Ark Nat Gas cu pf 281 Ark Pwr & Lt pf ( 14% Armstrong Cork(25c). . 1y Art Metal Works(t4ie). 4 Asso ElInd (k10%) “, Atlas Corp. . 21y Atlas Corp war. 39 AtlasCorp pf A (3) 5 Atlas Plywood (k50¢).. Auto Voting Mch(50¢ cock & Wil (40¢) .. 11 Baumann (L) pf. - 111% Bell Tel of Can (6) .4 vem 215 Bliss Co (EW). - 1%, Blue Ridge Corp - 3014 Blue Ridge cv pf (a3)..: 40 Bohack H C 1st pf (T).. % Botany Consol Mills(r). Bourjouis (k25¢). Bower Roller Bearlng(l Bowm'n-Biltmore 1st pf Brazil Trac Lt & Powr.. Bridgeport Machine Brown Co pf Brown Forman Buckeye Pipe Line (3).. BN&EPDL (1.60)..00: Bulova Watchev pf.... 713 Bunker Hill & Sullivan.. 23, Burma Ltd rcts (k5c).. 4 Butler Bro # Cable Radio T vte... 45 Cables & W1 rets 1, Cables & Wire B rcts b5l Canadian Ind Ale A 4% Canadian Ind Ale B 1% Canadian Marconi.. 2 Carib Syndicate..... 6 Carman&CoA. 1315 Carnation Co (kG0c). 51; Carrier Corp. 31 Catlin Corp'n. 83 Celanese Corp pf (7) 1st pf (1) Corp. 1615 Celluloid Corp pf. 5314 Celluloid Corp 1st pf 8 Cen Hud G & E ct(80¢c) % Cent States Elec. ... 1 Cent Sta Elcv pf(new). 2 CenSEI6% pfxw. 2 CenSta El17% pf. 4 Centrifugal Pipe (40c) 9% Charis Corp (1%4)....ea 116 Chesebrough Mfg(t614) 414 Chi Rivet & M (k8734c). % Chiet Consolidated. 114 Citles Service pf B. .. 9 Cities Service pf BB. 11 CitSvP& L $6pf. 141 Cit SP & L $7 pf. 3 City Auto Stamping. %, Claude Neon Ine. 21% Cleve Elec Illum (: 17 Cleve Tractor. .. % Club Aluminum Uten. % Colon Ofl........ 65 Colum G & Ecvpf (5)— 14 Colum O & G vte... 34’3 Comwlith Edison (4).. 1 Comwlth & Sou war. % Community Water Sve, 8 Compo Shoe M ste 60¢c. 6% Cons Afrcraft, % Cons Copper. . 5014 Cons Gas Balto (3.60).. 125 Conso! Min & Sm(k2%) 1 Cons Retail Store: 1% Cons Royal (20¢) 35 Cont G & E prpf (7 24 Cooper Bessemer 27 Cord Corp (k25¢) 1'% Corroon & Reynolds. 10% Corroon & Rey pf A. 1 Cosden Ofl (Maine), 3 Cosden Oil (Me) pf. 5% Crane Co... 9% Creole Petroleum. 3% Crocker Wheeler % Crown Central Pe!rolm. 5% Crown Cork Intl A.. 74 Cusi-Mexicana Mining.. 4 Darby Pet (50¢)... 12 Davenport Hos(2) 10 De Hav Air, (k25 4-6¢) 1 Derby Ofl & Ref... 20 Distill Co Ltd (k74 7-10e 8% Distillers Corp-Seag. 315 Doehler Die Casting. .. 6714 Dow Chemical (2)...40e 97% Driver Harris (k25¢)..0 56 Driver Harris pt (7) 3715 Duke Power (3)... 4 Duval Texas Sulphur. 31 Eagle Picher Lead 474 East'n Gas & Fuel Asso. 46 Eastern G & F pf (6).... 4 Bastern States Power. 514 Eastern Sta Pw pf A 3 Easy Wash M B (50c 8 Edison Bros (k50c). 14 Eisler Elec Corp. 7% Elec Bd & Sha 31 Elec Bd & Share pf (6).. 3% Elec Pw Asso (40c). 314 Elec Pw Asso A (40¢c 1% Elec P & L opt war 5% ElecP&L2d pT A 1% Elec Shareholding. .. ee. 34 Elec Sharehld pf ww. 12% Empire Dist Elec pf. 10% Empire G & F 6% pf. 12% Empire G & F 1% pf. lG Empire G & F 8% of. pire Pwr part (k1) 1 Eauity Corp. .. 8% Europ Elec Ltd “A’(80c). 5 Eur El Ltd debrts...... 3% Ex-Cello Afir & Tool. 514 Fairchild Aviation, 65 Fajardo Suga: & Falcon Lead. 2% Falstaff Brewing. 7% Fanny Farm Candy new 5 Fedders Mfg A 7% Ferro Enamel (160c 1% Widelio Brew. 41 Fire Asso (Ph 110% First Nat Store: pl('l)., 6% Fisk Rubber. 58 Fisk Rubber pf (6). 4% Flintkote Co (A). 15 Ford Motor Can A(kbfle) 20 Ford Mot, Can B (k50c). 5% Ford Motor Ltd. ... 41 Foundation Co (For). 14% FroedtertG&Mevpf 1.20 12% Garlock Pack (80¢)..... 1 tieneral Alloys. 3 Gen Aviation 3% Gen Fireproof. 7 GenG&EcvpfB.. & Gen Invest Corp. 20 Gen Pub Serv pf. 52 Gen Tire & Rubber. 75 Gen Tire&Rub pf 43% Georgia Pow pI (6). 11 Gilbert(A C)..... 10% Glen Alden Coal (11%. 1% Gorham Inc (A)res i ‘3’1%"2“&'(:*) 1 T v.te . 1% 13% i 24% el % 10% 28 84 8 31 16% 20 30 2% 1% W FEFE LA+ vy Sudess— High. Low Stocks and dividends. 4% Grand Rap Var (50c)... 5% 8 Gray Pay Tel Pay 8 (1), 10% 137% 5 Greenfield Tap & Di 5% Greyhound Cp (Del) e % Groc Store Pr vto. . 4 Guardian Inv 49% Gulf Oil of Pa.. 4815 Hartford El Lt (2.75).. # Hartman ‘Tob Co inc. 4 Hecla Mining (40¢) 19 Heyden Chem (11.35) 11% Hollinger Gold (11.30 1% Horn (A C) Co. 161 Horn & Hardart (1.60). 90Y Horn & Hardart pf (7) 8% Hudson Bay Min & 8... 331, Humble Ofl (1).. 2% Hygrade Food “rod 17 Hygrade Sylvan (2). _— % Low. Close, Chge.| 19% bl kcn“. 122 GreatA&PTnev (11). z40 1% 48 12 11 Pwr & Lt 36 pf m Imp Ofl Ltd cou (180¢c) Imp Ol reg(180¢) . .0us imp Tob C 1623%¢ Imperial Tobacco Gt B & 1(k1.03 9-10¢) . Indiana Pipe L (t35¢). Indus Finance vtC....s InsCoof N Am (2), Int Cigar Mch (2) 4 Int Hydro Il Sys cv pt Int Mining (k15¢). int! Mining war. Int Petrolm (12). Interstate Hosiery (2).. Interstate Pw Del pf..ee Irving Air Chut itallan Superpowe: i Ital Superpower db rts.. # Jonas & Naumburg..... 15% Jones & Laughlin Steel. _—_— 9% 56 35, 11 145 60% 2% 3 120% 9% K ¥ 27 4% 16 25 32 T4 23% 19% 88 10% 34 3 23% 129 130 Th 1 40% % - 2T 1% Kingsbury Brew. 56 Kings County Ltg ( 1 Knott Corp. . 104 Kress S H 8pl p£(60¢). s 4% Kreuger (G) Brew..... 414 Lake Shore M (13)..... # Lakey Found & Mch..ee 65 Lane Bryant pf (7) 1% Lefcourt Realty 5% Lehigh Coal & l\l'(bfla) # Leonard Oil. . 14 Lerner Stores. 2% Libby McNeill & ley. 3% Lion Oil Refining. - 4% Lone Star d 2 Long Island Lt D(A(")- 4 Long Island Lt pf B(6).. Louisiana Land & Ex... 1% McCord Rad B... .o McWilliams Dr (1173).. Maryland Casualty Mass Util Asso Massey-Harri Mavis Bottling (A) (r). Mayflower Asso (2). Mead Johnson (13%). Memphis Nat Gas(k10c) Mercantile Stores (1)... Mercantile St pf (7). Merritt Chap & Scott Merritt Chap & S pf A Metro Edison pf (6).. Michigan Sugar. Michigan Sugar p Midl Sta Pet vic A. Midl Sta Pet vtc B. Middle West Util (r). Midland Steel Prod. Midvale Co (k1). Minneap Honey pf (8) Mock Judson Voe (k1) Moh H Pwr 1st pf (7)... Molybdenum Corp. Mont W A (m10). Montreal L & P (1%) Moodys Inv S pf (3) % Mount & Gulf (k10c). 4 Mount Prod (60c). 4 Mountain States Power. 39 Murphy Co (1.60)......x 70 2 Nat Bellas Hess. .. 281 Nat Bd & Share (1). 80 NatDairy PpfA (T)eee 13% Nat Fuel Gas (1). e eet 3513 Nat Power & Lt pf. (l) . 3 Nat Rubber Mach. 14 Nat Service Co. 1; Nat Service Co 29 Nat Sugar NJ (2) 7 Nat Transit (80¢c). % Nat Union Radio.. T4 Natoma Co new (60c) 1 NehiCorp 80 Neisner Bros pf (7). 2 1son (H) (K25c). 1% New Bradford Oil (30¢). 47% New Jersey 4inc (3).... 37% Newmont Mining (k1) . 28 N Y HondurasRos t3%. 66 NYPw&Lpf(7).. 10 N Y Shipbuilding (IN). 13 N Y Steam.... 11415 N Y Tel pt (6%) 3% Niag Hudson Pw. % Niag Hud Pw A War..e 214 Niag Shares (Md) (B) . 7% Niles-Bem-Pond. 2 Nipissing (k12%3)..00 7% Nor Am L & P. 3% Nor AmL & P pf. 18 Nor Am Match (1). 9% Northn States Pwr ( 3 Northwest Engineer. 17 Novadel Agne (2)...... 12 Ohio Brass (B) ki0c...x 8315 Ohto Otl cu pf (6).. 8% Oil Stocks Ltd (40¢). 1% Overseas Sec 1% Pacific East Corp....... 18% Pacific G&E 1st Df 1%) 69 Pac Lighting pf (6).. 17 Pac Tin Corp spec k2) 31% Pan-Am Afr (k50¢). Pantepec C1l. Parke Davis(t1. Parker Rust (14). Pennroad Corp. . Penn Pwr & Lt pf (7) Penn Wat & Pw (3) Pepperell Mfg (6) Pet Milk pf (7). Phila Co (80¢) Phila Elee pf (5). Phila Elec Pwr pf (2) Phillip Mor Cons Phoenix Sec Corp. 4« Phoenix Sec pf (k75¢).. Ple Baker Ine... . Pierce Governor. ... Pines Winterfront. Pioneer G M Ltd (80¢) .. Pitney Bo P (20¢) Pitts& LB (2%)...... Pitts Plate Glass (1.40) Pond Creek Pocahontas 4 Potrero Sugar. . Prod Royalty Corp. Propper McCallum. Prudential Investors. .. Pub Sve Nor Il no par.. PubSve NIl 6% pf.... Puget Sound P&L $6 pf. 515 Puget Sound P&L $6 pf. 3314 Pure Oil pf. . 1% Pyrene Mfg. 108 Quaker Oats (16). 113 Quaker Oats pf(6) 1 Railroad Shares. ., 5% Rwy & Light Sec. % Rainbow Luminous (A) % Rainbow Luminous (B) 1% Raytheon Mfg new. 2% Reliable Stor 2% Reliance Int Corp A, 1% Reybarn Co. % Richfield Oil Cal Dl(l’). . 3% Root Refining ¢v pr pt.. % Ro 9 Royal Typewriter.. 26 Ruberoid Co (1).. 4% Russeks Fifth Ave, % Ryan Consolidated. 50 Safety Car H&Lt (k2) % St Anthony Gold. * 5 5% Salt Creek Prod ('“)nl % Savoy Oil... 17% Schiff Co (2) & Schulte Real 17 Scovill MIg (1) ¥ High. Low. Close. FINANCI AL. — 1938 — High. Low. Stocks and dividends. k] % Seaboard Util.... 48 36 Seeman Bros (13%). 4 % Segal Lock & HAw. .. eu. 1% Seiberling Rubber. a 4 40 Setec Ind all cfs(6%)xw 47 40% Select Ind pr (5%).. % Sentry Safety Control. 12 Shenandoah Corp pf. 47% Sherwin Williams (3). 100 Sherwin- Wms of (6) 156 Singer Mfg (112) 156% Smith (A O)... 5% Smith Cor Type vte. 1'% NSonotone Corp...... 2% So Am G & Plat (k30c 17! South Penn Ofl (1.20). 15% SouCal Edpf B (1%)..x 1 14% SouCal Edpf C (1%).. 1‘;% 1 Sou Colorado Pwr A. % South Corp (k10c). . 47 Southland Royalty 20¢. 60 Spieg-May-Spf 6%)... 9 23 Stand Cap & Seal(2.40). 29'% 29'5 29 A 1 178 17 Y% 8% Stand Oil Nebr. 8 4 1 14% Stand Oil Ky (11%). 12} Ntand O11 Ohto. 1 7' Stand Oil Ohio pf(5) 1% Stand Pwr & Lt B. 17 Stand Pw & L pf (2. % Stand Silver & Lead. #, Starrett Corp 1 Starrett Corp pf. 15 Stein Cosmetics Ine.. 1'4 Stutz Motor Car. 5% Sullivan Machine, # Sunray Ofi (r). 715 Sunshine Minin 137 Swift & Co (60c). 23% Swift Intl (2).. 32'; Swiss Am EI pf. 13, Swiss Oil Cp(k10¢). T4 Technicolor Ine. 37 Teck Hughes(40c) 4% Texon Oil&Land(175¢). % Tob Prod Export (10¢). 19 Todd Shipyard (1) 31 215 Tri-Cont Corp war. . 21 18 Triplex 8 G (p40 4-5¢) 15 3% Tubize Chatil Corp. 30% 9% Tubize Chatil A. 5% Utd Carr F (k55¢)...00e 1 ‘ % 1% Unit Gas Corp. 2 : 17 Unit Gs 1% Unit Lt % Unit Pry 57% Unit Sh, 32% Unit Sh “ 54 5 1l 9 14 Utah P 4 Util Por 1% Util Eq 53 36 UtlEq 2% 1214 1T 4 I+ L 4% 1% Walgre 57 Walker 1T Walker Walker Wayne SersEFaw West A P14+ ++ 44+ Wester: West T Westva s F +1 4% 57 Wil-Lo 64 % 6% Wil-Lo 1% 7% 11 Wilson 2% Woodle: 6% Wright snnual payment. 1P in_cash or stock Plus 6% in stock. EPaid last year—ng 'R Briinacha. 3% 13% 13% — ‘n\ Commodity Price Changes for Week. BY H. N. McGILL, Editor. McGill Commodity Service, Inc. AUBURNDALE, Mass, November 24.—Commodity prices during the past week registered a moderate decline under the impetus of a lower price average for the two major groups— industrial and agricultural products. Price declines offset by a marked margin advances that occurred. This is well illustrated by nothing that out of 14 individual groups 5 averaged lower, only 2 higher, while 7 remain unchanged. Industrial prices were slightly lower though the reaction was of an ex- tremely limited character. Price have held within a narrow range for a period of four months. Weekly data indicate a further gain industrial ac- tivity. Farm Prices Downward. Agricultural prices downward as the moderate upswing in the price of grains—wheat, corn, oats and barley—was more than off- set by the lower price average for eggs, hay, beans, potatoes, flaxseed and butter. The live stock index showed no change from the previous week. Other groups that remain steady were building materials, chemicals, fuels, ferrous metals, coarse textiles and paper and pulp. Non-ferrous metals represent one of the five groups that ruled lower as lower quotations for antimony, lead and zinc counteracted higher prices for silver and tin. Paint materials were fractionally lower, reflecting a price reduction in red lead. two groups that advance, this move- ment being due entirely to the price of silk, which advanced only frac- Iuomm over the previous week. Vegetable Oils Advance. Vegetable oils represent the second group to advance and the upswing was quite substantial. Although China wood oil declined, the aggregate ad- vance in corn, cottonseed and soya bean oils enabled the index to advance a whole point. Most important price changes in the McGill weekly price index (1926 equalling 100) were as follows: All commoditie: Industrial .. Agricultu Live stock Non-ferrous ‘metals " . Vegetable oils . Daily Price Index. NEW YORK. November 24 (.—Index of ‘15 staple commodity prices. (Decem- ber 31, 1931." equals 100; 1926 average equals 5. Previous day. 140. Steel scrap (ton) . (Ib.) (Copyright. 1934. by Moody's.) Commodity New York markets, as combiled by the Associated P Finc futures closed firm, 3a5 higher. December. 3.75b; M-rch 3.85b. Sales. 360.000° pounds. ' b—Bi Lead Bitires” closea: frm, 2 higher to filower. | December. 3 38b: January. 3.41b: uuchméum Ma; . Sales. none. Crude Tubber futures closed quiet. 31 to 35 higher; sales. No. . December. Septembe: E 15:00n; smoked riobed spot. 12940 n—Nominal. Raw hide futures closed steady. 12 to 15 higher. December. & 40; March. &74b: Jung Ob; September. '9.40b. Sales, 186,000 pounde d. Colee spot closed steady, Rio No. 7, 914; Santos No. . Rio No. 7 contra “A" futures ¢ Steads: December. 0.80; )(lrch July, 0. sales, b-—Bid. n—gnm nal Sugar futures closed barely ne-dy a3 lower; 3,700 tons. December. CHICAGO PRODUCE. (). —Butter. ore) irael 163 Sonty under 373 poundy o e Idaho than during the previous week, al- | fluctuations in the industrial group | also moved | Fine textiles represent one of the | Creeping Advance To Tortoise Race By the Associated Press. NEW YORK, November 24— The creeping advance of both stocks and the business curve re- minds Wall Street of a tortoise race. For a while before election it looked like the fabled situation between the hare and the tortoise, with stocks dozing while business pushed upward laboriously. But the last two or three weeks | business and stocks both have moved ahead, very quietly but per- sistently enough to spread confi- dence in the durability of the movements. The Dun & Bradstreet business barometer has registered a fifth consecutive weekly gain and now stands at 64.7, compared with 59.7 on September 5. an increase of 8.4 per cent. That index shows a gain of 8.9 per cent over a year ago. CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS. NEW YORK, November 24—The following is today’s summary of corpo- | ration news prepared by Standard Sta- tistics Co., Inc., New York: | Borg-Warner Corp.—Declared an | extra dividend of 25 cents and usual quarterly dividend of 25 cents. Armour & Co. have extended to March 15, 1935, time for conversion of old 7 per cent pre- ferred stock into new D6 prior pre- ferred and common stock. United-Carr Fastener clared an extra dividend of 10 cents and usual quarterly dividend of 15 cents. Consolidated Oil Corp.—Subsidiary, Sinclair Refining Co., advanced tank- car prices J4 cent a gallon on all grades of heating oil and kerosene at all terminal points from Boston to Charleston, S. C. Socony-Vacuum Oil Co.—Has called for redemption February 15, 1935, $28,197,000 of outstanding funded debt consisting of $14,000,000 of Standard 0Oil Co. of New York serial 4!, per cent debentures, maturing in 1948, and $14,197,000 5 per cent first mortgage bonds of General Petroleum Corp., a subsidiary, maturing August 15, 1940 company proposes to borrow $27,000, 000 from banks, at a substantially re- duced interest rate, to finance the transactions. vs. $1,915,971. Louisville & Nashville R. R.—A three-judge Federal court, Chicago, dismissed application of this company and several other roads for an injunc- tion against an order of Federal Co- ordinator Eastman forbidding Louis- ville & Nashville to divert its Chicago passenger trains from Chicago & Eastern Illinois Ry. line fo that of the Big Four. Pullman, Inc.—Subsidiary, Pullman Car & Manufacturing Corp., has re- ceived order from National Railways of Mexico for 1,000 box cars and 200 gondola cars. Columbia Pictures Corp.—Declared a regular quarterly dividend of 25 cents on common stock and regular semi-annual dividend of 2'2 per cent in common stock on common stock. BOSTON WOOL MARKET . BOSTON, November 24 () (United States Department of Agriculture).— The broadest demand since February was received in the Boston wool mar- ket during the past week. Ohio fleeces had some of the call at 27228 cents in the grease for fine Ohio Delaine, at 28a29 cents for strictly combing 58s, 50s, half blood, and at 39230 cents for strictly combing 56s, three-eighths blood. Graded territory wool having requests were French combing at 70a72 cents, scoured basis, and clothing at 65a67 cents in 64s and finer lines and French combing at 68a70 cents in 58s, 60, half blood and strictly combining 56ss, three-eighths blood grade. Good 12-months Texas wool brought around 73 cents, scoured basis, while average lines sold at around 70 cents. HOUSEWARES MARKET NEW YORK, November 24 (#)— Last minute orders for Thanksgiving day items were the outstanding fea- ture in the small housewares market this week. Requests for carving sets priced to sell around $5, and alsa for small quantities of cooking utensils, silver and chromium plated serving dishes and fruit bowls for immediate delivery were sald to be numerous. 22% Woolw" % % Yukon Gold % Dividend rates in dollars based on last quarterly or sem! In Stocks Likened | (Illinois)—Directors | Corp.—De- | Illinois Centra! R. R.—October net | railway operating income, $1,193,858 | % Unit Gas Corp war. Corp pf.. &PwA.. 5 Unit Lt & Pow pf. 3% Unit Molasses Ltd. ofit Sharing. oe Machine oe Mch pf(1%) 7% U S Radiator pf, % % Unit Stor 3% Utd Verde Extn (1)...u 1% Unit Wall Pape: % Unit Zine Sm. % Utah Apex. vte.. &L Utica Gas & Elec pf (1) & Util Power & Light. Util Pwr & Lt B ctfs wer & Lt pf. uities..... uities pf (3%) 2% % Utll & Industrial 5% 1% Utll & Ind pf. 19 Waco Afreraft. en Co war., (Hiram)...... (Hiram) pf (1).x l‘l\« Mining : Pump pf. Wenden Copper. W Va C ‘oal & Cok uto Sup A (t4) % West VaP & P (40c).... 3% West Cartridge pf (6).. n Power pf (7) ex Util pf (3). co Chlor pt (7).. l]' Williams (RC) (1). w Cafeteria. w Cafe pf Jones (k50c) . y Petrol (nl0c).. th FW Ltd k74c. Harg (160c) #+ % artly o iPlus 4% in stock. a Payable bPayable in stock. fPlus 5% in stock. h Payable in scrip. JPlus 8% in stock. regular rate. m Plus 3% in stock. B Plus o Paid this year—no regular rate. Baltimore Markets | Special Dispatch to The Star. BALTIMORE, Md., November 24— Shipments for turkeys for the Thanks- giving holiday should be timed to ar- rive here not laier than Tuesday morning for live stock and late Tues- | day night for dressed. Unless there us a decided change in weather, how- | ever, shipments of live turkeys ad- visable as the weather is too warm to handle dressed stock to advantage. Shippers, also are advised not to ship poor, thin turkeys which will effect market values for the better class of stock. ‘With the approach of the holiday market for turkeys has taken on a decidedly firmer tone, with values higher at 21 and 22 cents a pound for young hens, 9 | pounds and over, and 17 to 20 for ‘)aung gobblers, 10 pounds and over, | with old hens and old toms selling mostly 18. Turkeys being the chief attraction, other poultry show a de- cline, with young chickens, 4 pounds and over, quoted at 15 to 17, and smaller 14 to 16, but Leghorns will | not bring over 13 and 14, and poor, rough stock slow sale at 10 to 12. Market for old hens easy and only poultry weighing 3!; pounds and over attracts attention at 12 to 16, with Leghorns selling mostly 12 and 13, and poor, light fowl as well as old roosters neglected at 9 to 11. Fair demand for young ducks and geese, 4, pounds and over, at 10 to 13 for the former and 12 to 16 for the latter, but smaller stock hard to place at 9 and 10. Guinea fowl and pigeons in ample reciept and un- changed at 40 to 5 Oeach for the former and 15 a pair for the latter. Egg Market Easier. Under more liberal receipts the past week the egg market has taken on an easier tone, with values showing a slight decline. Hennery eggs, both white and brown, bringing top values of 36 cents a dozen, but small stock sells mostly 32 and 33 and pullet eggs will not bring over 25 to 28. Very {little trading on the exchange and street sales on a current-receipt basis at 30 to 33 constitute the bulk of es. White potatoes in liberal receipt from all sections, and market con- tinues dull at 75 to 80 per 100 pounds, with mixed, poorly graded stock sell- ing mostly 60 to 70; sweet potatoes and yams unchanged from last week at 40 to 50 per hamper for the former and 2.00 to 2.25 barrel for the latter. Nearby vegetables in only moderate regeipa, but ample for the demand and prices show little change from last week at the following quotations: Cabbage, 10.00 to 12.00 ton; carrots, 150 to 2.00 hundred; kale, 25 to 30 bushel; pumpkins, 5.00 to 15.00 hun- dred; Savoy cabbage, 25 to 35 bushel; spinach, 50 to 75 bushel, and turnips, 15 to 25 hamper. Live Stock Market. With consumptive demand cen- tered on poultry next week, the live stock market will attract but little af tention and only limited shipments ad- visable. Markets on the wharves gen- erally easier and values mostly in buy- er's favor, at the following quotations: Beef cattle, first quality, pound 6 to 6'2; common to medium, pound, 3 to 5; bulls, as to quality, pound, 2 to cows, choice to fancy, pound, 31; to common to fair, pound, 2 to 3; oxen, as to quality, pound, 2 to 4; calves, choice, pound, 6%2; large, fat, heavy, pound, 515 to 6; large, rough, heavy, pound, 5 t0 514; common, thin, pound, 4 to 4)3; sheep, pound, 1}z to 2; Spring lambs, choice, fat, pound, 6! fair to good, pound, 5 to 6; small, thin, pound, 3 to 4; hogs, straight, pound, 6; sows, pound, 5; stags, pound, 3; live pigs, pound, 9 to 10; shoats, pound, 7 to 8. Closing Grain Quotations. ‘Wheat, No. 2, red Winter, garlicky, spot domestic; 984; November deliv- ery, 98%. Corn, No. 2, yellow, old spot domestic, 1.00; cobcorn, nominal. Oats, No. 2, white domestic, as to weight and location, 64a69; No. 3, 63a 68. Rye, nearby, No. 2, 90a95. Bar- ley, 85a90. —_— CLEARING HOUSE LIST NEW YORK, November 24 (#).— The weekly statement of the New York Clearing House shows: ‘Total surplus and undivided profits, $726,068,400 (unchanged). ‘Total net demand deposits (aver- age), $66,070,000 (increase). Time deposits (average), $4,967,000 (decrease). Clearings week ending today, $2,624,046,984. Clearings week ending November 17, *$2,485,658,019. *Five days. CANADIAN TRADE UP NEW YORK, November 24 (®).— Canadian trade continued its upward movement in the last month, accord- ing to the Bank of Montreal, and the Winter season, it believes, opens with conditions distinctly better than they rmlnu'm-