Evening Star Newspaper, December 4, 1934, Page 17

FINANCIAL. LS. BONDS EXTEND‘ EARLIER ADVANCES Secondary Rails and Other| Low-Priced Loans Join Upward Trend. BY BERNARD S. O'HARA, Associated Press Financial Writer. NEW YORK. December 4.— The bond market improved after an un- certain st United States Govern- ments operied higher and extended their gains in the late trading. Treas- uries were up 3-32s to 13-32s of a point. Secondary rails and other low- priced loans, irregularly lower dur- ing the forenoon, hardened in sym- pathy with the firmness of stocks.! Southern Railway 4s and Baltimore | & Ohio 4'.s with gains of more than & point led the recovery in the car- rier division. The foreign department entered the late trading with the trend high- ly irregular. German government 7s climbed 2!; points to 393;. French issues continued hoa\\- Washlngton Exchange SALES. Potomac Electric pfd.—10 at 112, Wash. Ry. & Elcc. pfd.—10 at 10034, AFTER CALL. National Savings & Trust—10 at 100, 10 at 100. Washington Ry. & Elec, 10034, 2 at 1003,. Capital Transit Co.—11 at 2612, 10 at 261z, Potomac Electric 5'2% 11134. Capital Traction 55—$1.000 at 90. American Security & Trust Co.—2 at ! 198. Washington Gas 55 1958—$500 at 993, Mergenthaler Linotype—8 at 3134, Bid and Asked Prices. BONDS. PUBLIC UTILITY Ames, Tel & Tel ptd—5 at pfd—5 at | 3%s 1932-47 ls! CV4L%s 32 ilh 4%,81933-38, 4th 435 33-38 3d called. . 1021 Low. LIBERTY BONDS. High. 10321 103 18 10320 . 10322 10318 10322 10324 103 22 10324 102 2.55. 102 TREASURY BONDS. 38 1946-48. 35 1951-55 3145 1946-49, 31,81941... 31,8 1944-46. . 10016 1008 10016 1008 10117 1018 0e-1049 104 . 10219 1024 3345 1940-43 Jun, 1042 1042 10015 10014 10114 1049 102 16 1042 33,5 1941-43 Mar. 10325 10325 10325 3338 1943-47..... 33,51946-56. . 45 1944-54. 0 S 43 laus 1941 62..... |35 1949 31,5136 | 2%839-49, 1354 52, 4s 1951, Akershus 55 °63. | Antioquia 75’45 B.ees Argentine 53 "4 Argentine 5% Argentine 6s Argentine 6s Argentine 6s ‘59 Argentine 6s'59 Oct. Argentine 6s'60 May. Arzentine 6s ‘60 Sept Argentine 6s'60 Oct. Arzentine 6s 61 Febr Arcentine 6s'61 May. Australia 4%s 5 * | Australia §s " Australia 58 '57. Austrian 7s 43 gtd. { Austrian 7s ‘57 | Belgium 6s '55 | Belgium 615849 Belgium 7s 53 Belgium 7s'56 Berlin 65 '58. . Berlin 615850 Berlin Elec 6s ' Berlin Elec 6145 ‘51, | Berlin Elec m,s *59. | Bolivia 7s '58. | Bolivia 7569 | Bolivia 8547 Brazil 6155 '2 Bremen qt 75°35 Brisbane 5557 | Brisbane os ‘58 i | Buenos A Cy 6145 '55. " | canada 4s ‘60 STOCKS PUBLIC UTILITY. Amer. Tel & Tel 19) Riges com Riggs pld Washington 1ou TRUST COMPANY, Sec. & C Amer American Corcoran ¢ 50 Firemen's (1.60). . National U Columbia Real E MISCELLANEOUS. Carpel Coip. (1) *Ex. dividend. DIVIDENDS ANNOUNCED NEW_YORK. Dec, geclared (compiied by ic: ber 4 —Divi he Standard Sta Extra, - Stk of Pas- 54. reco 3 Amer Hoskins Spe ng Ink Co Resumed. Increased. Am Natl Finance pf Pet In Accumulated. Kemper-Thomas pf...S14 .. Reduced. oodall Securities., ictor Monaghan . 00 Axton-Fisher Axton-Pisher Tob pf S1 3 Broad St Tr (Phila).5 Celanese ‘Corp of Am_ 34 Ceianiefe Eorp ot Am_ Ist part pf Chickazha Cotton oIl Columbian Car vitc ex Eontin B & "r_ (N lm O ndoLOOO kel of Can Lid p! el of CanLtd | ¢ Co Securities. Perfection Stove 8t Croix Paper Co p §and Qi Export, Btein (A) & C S1 Buhsei “McKee Saic book §150. .. 7 00nOWO O © wnd; POOO OO O DOOLO PO t Victor Monaghan pf S1.75 Woolworth (F W) & Co Ltd adr for 67 pref reg , . Filk Rusber Univer, Leat Tobaceo L A Young Spr Gen Printing lnk Co. Hoskins Mfe Jack ruer o T. S. TREASURY NOTES. (Reported by Chas. D. Barney & Co.) Bate—Maturity, a6=3 0DO; PO; TOBACCO FUTURES. NEW YORK, December 4 /7.—-Tobacco futures opened quiet, unchanzed. Prev. January March | Canada 5s '52 { Chile 65 '60 Chile 6561 Chile 6s°61 Jan. Chile 6561 Sept., Chile 6s"62.. Chile 65 '63. . Chile Mortg Bk 6s 61 Chile Mortg Bk 6s '62 Chile Mtg Bk 615557 Chile Mtg Bk 6%s'61 Cologne 6138 '50. ... Colombia 65’61 Jan.. Colombia 65 °61 Oct. . Copenhagen 4155 '53. Copenhagen 5s Cordoba Cuba 5%s 45 Czechoslovak Denmark 4%s 62. Deamark 513 '55. Denmark 6s 42 1 Dresden sf 7s '45.... Elec Pow Ger 6725°53 Finland 7s 50 Finnish 612 Frankfort 6128 French Gov 7s ‘49 French Gov 7% Gelsenkirchen 6s 34. Ger C Bk A 6s’60July., Ger C Bk Az | Ger Prov & Ger Gen El s 45 German Gov 515 '65. German Rep Ts ‘49 Graz8s'54.... Great Br & Ir 4s Great Br & Ir GrtCElJap 6 Greek Gov 65 '68.. | Hamburg St 6s 46... Harp Min 65’49 ww.. Heidelberg 7155 '50. . Hung Con M T13s'45. | Italy 7s°51. |TtalCrda P W Japan 61 '54. Juzos Mtg Bk T | Jugos Mtz Bk 7« unm coupon. .. Karstadt 6s 43 ct. Kreu&Toll 58'59Acts. Lombard El1 7s '52... Low A Hy E6l2s 44. MEX 4s5'10-45 asst s, Minas Geraes 61;5'59 Sept cou off. . New So Wales 58 '57. New So Wales 5s '58. Nuremberg 6s'52.... | Oriental Dev 58 58. Oriental Dev 6s ‘53 Oslo 6s 55 Oslo G Las Panama §s '63 Panama 5%s '53. Paulista Ry 7s '42. Poland 7s '47. Poland 8s '50. Prussia 6s'52 Prussia 6138 '51 Queensland 6s '47.... Rhein-Main 75 '50. Rhinelbe Un 7s '46... Rhine W El P 6s '62.. Rlo Gr do Sul 8s'48.. Riode Jan 613853 Rome 68 '5' Rotterdam 6s oo Sao Paulo St 6s ‘68 Sao Paulo St 75 ‘4 Sao Paulo St 7s 56... July couoff... Saxon Pb W 6% Saxon Pb W 78°45. Serbs 7s '62. . E Serbs 85’62 Nov con. Shin’su E1 P 63,8 '52. Siemens & H 648 '51. Silesian Bk 6s '47 Stlesia Prov 78 '58. Sydney 6%s ‘55 Tatwan El 6871, vrol Hy El 738 Un St1 Wk 6345 47 A. UnStl Wk 6128’51 A, UnSt1W61s8'51C.. Unterelb P & L 6 '53. Upper Aust 6158 '57.. Uruguay 6s '60. Uruguay 6s '64. 963 992 1019 FOREIGN BONDS. 10320 1039 . 10624 1068 . 1088 1082 10214 1023 5rg1028 1028 11219 1128 FEDERAL FARM MORTGAGE BONDS. 992 <1012 HOME OWNERS LOAN BONDS. 9531 96 9831 99 1013 1013 High 877 1% 107 9874 8T% 931y 9314 100%; 1021 10115 1003 Paris Orl Ry %48 68. 1 103 20 10624 1088 10214 1028 11219 9830 99 101 1012 Low. 2:55 877 114 107 987y 87 991, + 100 '\ 106% 1031 261 27 291 100% 102 1011, 1(\!"‘. 1007, 102! 101 100% 1851, 69 31's 31 43% 35 40 28 3Ry 107 102% 103 10015 THE EVEN High. Low. z Bb 64 63% 82 31% 82 9% Yokahama 68 °61..... 79% T9% DOMESTIC BONDS. Adams Exp 4s°48.... 86 85% Alb Per W P6s'48,.. 614 Alleg Corp bs ‘44. 68 Alleg Corp l Alleg Corp Alleg Corp bs so otfs. 25y Allis Chalm 65°37. 9974 Am Beet Sug cv 6]'(0 93 AmChain6s'38...... 95% Am & For Pw 552030 53% AmIGCh5%s'49... 103% Am Intl 534549 8715 Am Roll M 6s ‘3| 108 Am Smelt & R 63’47, 102% Am Sug Ref 6s'37 108% Am T & T cl tr 5546, 109% Am T & T deb 55'60.. 110% Am T & T deb 6s'65.. 110% AmT&TH ... 112% Am Type Fd 6s'40cfs. 31 Am Wat Wks 55 ‘44 Am Wat Wks 6s'75 Anglo-Ch Nitr 7845, 10% Arm & Co 4%s'39.... 1023 Arm oi Del 5%s43.. 101% Armstrg Cork 55 ‘40.. 103% AT&SFeds’60..... 97 AT&S Fegn 4s°95., 105% AT&SFe4s’05-'55.. 100% AT&SFed%s 48... 105 A T&SFRMt div4s'65 100 Atl Coast L 1st 4s°52. 99% Atl Coast Liclt 45’52, T8 AllCLuni‘&s's‘ .o 85% Atl & Dan 1st 4 37 AUG& W I6s 50 . 4T Atl Refin deb 55 °37... 107% Warsaw 78 '58.. Westphal E1 P 6. 86 107% Baldwin Loco 5s '40.. 101 Bal & Ohlo 1st 43 °48. 1017y Bal & Oh1o 4148 °60.. 56 Bal & Ohio 1st 58 48. 107 Bal & Oref 55’95 A Bal & Ohio 5896 F'. Bal & O ref 58 Bal & O ref 65 10015 Bal & O Toledo ll ‘59 Bang & Aroos 4s°51 Bang & Aroos 6s *43.. 109 Beech Crk 4s'36 gtd.. 102 Bell T of Pa 5348 B., 114 Beth Stl pm 5s'36. Bos & Me 4%s°61J. Boston & Me 6s '55. Boston & Me 58 °67. Bklyn Edis §s'52 E 1091 BKlyn M T 6568 A... 104% Bklyn Un Gas 5s'45.. 115% Bklyn Union El §s°50 99% BElyn Un Gas 5s'50., 104!, Bkiyn Un G 5s°'57 B., 109 BR& P con 4%s’ 6713 Bush Term cn 5s 30 Bush T Bldg 53°60... 57% Calif Pet 58°39. Calif Pet db 5‘23 102" 10215 4y 108 1. 113 . 1078 at 5s'69 July . 116% at 55 °69 Oct... 118 Can Nor 4128 '35 . 102 Can Nor deb 6%45'46. . Can Nor deb 7s '40 Can Pac deb 45 perp. . Can Pac 4346 Can Pac 4%s '60 Can Pac 5s '44 ctfs. Can Pac 5s°54..... Cent of Ga con 5s Cent of Ga c: Centof Garf 518’59 Cent Il E& G 58 '51.. Cen Hud G&E 55’57 Cent N Eng 45 '61. Cent Pac 1st rf 4549, Cent Pac 5560 Cert'd deb 58 '48. Chesap Corp 58 47 C&Ogen 4! C&O4148'95 B. Chi B &Q gen 4s '5: Chi B& Q434877 Chi B & Qref 55'71. CB&Q Il div3i;s’4) 101 CB&Q I div 4s 49... 106 Chi & E 111 55°51 Chi G L&C5s'3 Chi Grt West 45 Chi Grt W 4559 le Chi ln& L gen5s 66 108 845 CMStP&P adj 58 2000 Chiec NW gn 3135 '87 Chi & NW gn 4s'87.. 1 Chi & NW 41452037 C& NW 41352037 C. | Chi & NW 4% 8°49.. Chi & NW gn 55 '87. Chi & NW rf 55 2037, C&NW Nr W 6138 '36. Prfd4s'ss. B 4312 1813 108 91% 1031, 60 78 10313 10912 Cin Un Term 5s CCC&StL gen 45 °93 CCC&StLrf 4155'T7E. CCC&StL rf 55’63 D. CCL&\lLCW&\I Clev U Ter & Clev U Ter 5% Colon Oil 6s '38 Col Fuel & 1 5543 Col Ind cl tr 58°34 ColR P& L 5%s42.. 1063 Col & Sorf 4%s '35, Col & So 4135 °80.. Col G&E 58 '52 May. ColG&EG6S8'61...... 8215 Com Inv Tr5%s '49., 112 Con Coal Md rf 5s'50.. 24% ConGasN ¥ 4%s'51. 101 Con Gas N Y 68°67... 104's ConGNY deb 5338 °45. 106's Conn & P Rys 45 '43.. 96% Con Power 58’52 . 108% Container deb 6s 43 78!y Container 6s'46..... 987 Crown Will P 6s'61.. 100 Crown Zell 63 40 ww. 97 Cuba R Rref 7135’36 293 Cuhan Cane P 6s°50. Cuba Nor RK 5128 ‘42 Cumb T & T 5s'37... 10° 93% 103 105 101% 38 39 12 10% Del & Hud rf 4s 43.. Del & Hud 58 ‘37 Del P& L 412571, DenverG & E 55 ‘51.. Den & R G cn 4s°36.. Den& R G 414836 Den & R G W 65 °56.. D& R G W 5355 asst Den & R G rf5s'78. .. Det Edison 4328'61 D. 106% Det Edison rf 6s°49.. 108 Ddge Br cv db 6s°40.. 107 Donner Stref 7s "42.. 101% Dul & Ir 55'37 1eg... 107 Dul S S & At 58’37 40 Duqu Lt 4%s'57 B Duqu Lt 1st 4% 5°67. 11115 108% E Cuba S 7%s 37 Ed El 11 Bklyn 4s 39, EdEIIINY 5595 EIP &S Wref 5565 Lrhcv!! "53B.cses Erie Gen Riv 68'57... Erfe & Jersey 6s°55.. 114 113% FlaECRy 41;8'59.. 61% FlaECRybs'74.... Fla ECRy 58’74 ctfs 104 Fond J&G 4s'82 filed. 3% Fort St Un D 414541, 100 Gannett 6s ‘43, Gen Cable 525 '47. Gen Pet 5540 Gen Pub Sve § Gen Steel C 5% Gen Th Eq 6340 cfs. Goodrich 6s 46 Goodrich 6138 4 Goody'r T & R 555 3 Gr Tr'k of Can 6s°'36. 107 Gr Tr'’k of Can 7s°40. 107% GtNRref4%s'61 A. Gt N R gen 4138’76 D, Gt NRgen 438717 E, A 5 T4 GtN Ry 6%s'52 B. GtNRgen7s'36 A Gulf. M &N 6s°'50 Gulf M & N5%s Gulf Sta St16% Hoc Val 4%s°'99. Hudson Coal s 62 Hud & Man inc §s '67. Hud & Man ref 63 '57. 4 110 363 86% 111 Bell Tel 63°5 111 Cent coll tr 45’52, 111 Cent coll tr 48 '53. 111 Cent 4% s 66 110% ICCStLNOGs'63.. 111 Steel deb 4145 '40. Inland Stl 4%;s'78 A, Inland Stl 4%s 81 Int Mer Mar 6s 41... Int R T 1st rf 55 '66.. IntRTé6s'3 IntRT7s'32. Int Cement 6s '48 Int Gt Nor 55’56 B. Int Gt Nor 5556 C... Int Gt Nor 6s 5 Int GtNor adj 65’ Int Hydro El 6s Int Pap 1st3s'47A Int Pap ref 6s'65. IntT&T ¢%s'52 IntT& Tev4ks'3y. Int T & T bs'55 Inv Equity 5s'47 Inv Eq 55 '48 B xw... Towa C 1st&rf 45 '51.. James, F& C4s'39.. Kan Cy P&L 415 '57. Kan Cy P&L 412561, Kan C'Sou 1st 35 ‘50, K CSourfinis’50.., Kan C Ter 1st 45 '60.. Kan Gas&Il 4155 '80. Kelly Spr Tire 6s ‘4 Kendall 51,8 48 ww. Kings Co Elev 4549, Kresge Foun 6s'36. . Laclede 53°39....... Laclede G 5145 '53 C. Laclede G 5%:5'60 D. LE& Wnilstbs'37.. Lake S&M So 318’97 Lautaro Nitr 65 '54... Leh Val Coal is ‘64 Leh Val Har 65 '54... L V Pacon 4}4s 2003, Ligg & Myr 5s'51 Ligg & Myr 7544 Loew’s 65 41. Long Isl ref 4 Lorrillard 5s°51. Lorrillard 7s "44. La & Ark 5s 6! Louisv G&E Lou & N unif 4s ‘40 N 4782003 C.. Mon jt 4s°'52. McKess & R 534550, Man Ry 45 °90... Man Ry 4s'90 ctf: Man So Lines 4s Market St Ry 7s'40 A Mead Co 65 45 . Met Ed 1st rf 55 '53. . Met W S EL Ch 4538 Mich Cent 3l4s " Midvale St1&O s '36. Mil El R &SL 6s '61.. Mil El R&L rf 5s°'71.. Mil Spa & NW 4547 M.StP&SSM cn 4538 M StP&SSM 55':&8:(d4 M.StP&SSM 51487 Mo K & T 1st 4s " 90 Mo K &T §s Mo K & T adj 5s '67.. Mo Il1 58 '59. Mo Pac 4875 Mo Pac Mo Pac is " t Mo Pac 5s'78 G. Mo Pac 5s'80 H Mo Pac 5s'811. Mo Pac 55’81 A ctfs.. Mont Pow ref 5s 43.. Mont Cent 6s '37 Morris & Co 415539, Mor & Esx 313s 2000, Mor & Esx 55’ : Murray Body 6% Mut Fuel Gas 55 '47 Mut Un Tel 6s'41.. Namm & Sons 6s'43.. Nat Dairy 5% s ‘48 National Steel 5s Newb'ry (JJ) 525 NET&T 418’61 NET&T 1st5s'52.. NewJP &L 4%s'60. New Or GNR 55 '83 A. New Or PS 58’52 A New Or PS 5555 B New Or T&M 4 . New Or T&M §5°54 B, New Or T&M 515554, NYBk&MB5s'35.. N YCent3s'97 Cref 4152013 Cref 4152013 n. Cref bs 2013.. Cent deh Ss '35‘. ¥ Conn 1st cu,s Dock 1st 4s '51. ' Dock 5s '38. { Fdison 5s V' Jodison 5s Edisref 635’41, G El H&P 45°49. G El H&P 55 °48. NY L&W 1st 48 73, NH&H 3%s '51 /, NH&H 4556 | NH&H 4%s '67. ! NH&H el tr6s'40 . NH&H cv 63 '48. , O&W ref 48°'92. . ‘& Putnam 4593, Steam 1st 58 41'. S&W 1st rf Niagara Sh 5%s ‘50 Norf Sou 1st 55 "44. Norf & W div 4s'44.. No Am Co 58 '61. Nor Am Ed 567 A.. Nor Am Ed 55 '69 C.. No Am Ed 5%s 63 NorOT&L 6s'47... Nor Pac gen 3s 2047.. Nor Pac gen 45’97 1 or Pac 4135 2047 Nor Pac 552047 C. Nor Pac 6s 2047. Nor Sts P 1st 5541 Nor Sts P6s’41B.... 9215 " 1031 105% 50 109% 100 67 371y 106% Ogden L C 4548 Ont Pw Niag §s " Ore-W R R & N 45’61 Otis Steel 6s'41..... Pac Coast 5s "46. PacG & E 5s'42. Pac Mo 1st 45 38, Pac Tel 1st §s 37, Parm B way 5%s '51. Par F La 6s 47 filed. Par F La 6547 ctfs Par Pbx 51850 ctf: Par Pbx 5%s ‘50 filed Park-Lx 6%s '53 ctf: Penn R R con 4s°48.. Penn R R cn 4s’48stp. Penn R R 4%s'81 D Penn RR 448 '84. Penn R Rcn 4%s°60. Penn RRgn 4%s'65. Penn RR db ¢ 70, {Penn RR 4%s'63... Penn R R 58 '64. Penn R R gen 5s '6! Penn RR6%8°36.. Penn Dixie C 6s 41.. Penn O & D 4%s'77. Penn P& L 4358 Peo G L & Cref 5s°417 PeoG L& C6s'43... Peoria & E 1st 45 °40. Peoria & E inc 4590, Pere Marq 1st 4s°56 Pere Marq 4%s Pere Margq st b A Phil B & W4128'77C. PhilB& W 4158’81 D Phila Co bs "6’ Phila El Co 48 ‘1. 10518 104% 1044 1041 861, 85% 104% 104% D. C, TUESDAY, DECEMBER 4, 1934, BONDS ON NEW YORK STOCK EXCHANGE S 1001 467y 118 129! 104% | 1023 Received by Private Wige Direct teo The Evening Star High. Low. 2:55. Phila& RC&1I6s'18 71 170 71 Phila& RC&1 51% 50% b51% Phillips Pet 6% 10214 102% 102% Pillsbury FI M 109 109 109 PCCC&StL 4%8 77 C. 103% 103 103% PCCC&StL 5s'70 A.. 109% 109% 109% Pitts&WVa 4%s'60C. 59 59 59 Port Gen El 413860 50'a 50% Porto Rico A T 6s ‘42, Postal Tel & C 6s°63. PubSEI&G 4% Pure Of1 5%s ‘37, Pure Oil 514840, Purity Bak 5s 48 100% 9% 80% 1047% 104% 101% Reading 4%s'97 Reading 4335°97 B, .. 104% Remin Arms 6s'37 A. 101'; Rem-Rd 6%s8'4TAww. 99% Rep 1 & St15840..... 102'¢ Rep1& St15%s'53 A. 991y Richfield O 6s '44 ctfs 30's RioG Wncol 449 A. 44% 104% 104% 101 99% 102% 983, 3015 yrn 110 93 633, 1474 1314 StJu Lead 5%s StJ Ry L H&P 5s StL IM&> R&G 1l’lJ. StL-SF 48’50 A, St L-SF 4%s'78. St L-S F 4145'78 cf st. St L-S F 5850 B cfs. . St LS W genrf 55'90. StLSoW2d4s'8 StPKCSL4%s 41, St P M&M M extds’37 101% St PM& M 6843 ext. 106% 811y 997y 36 ™ 9 10 81y e 104 103 102% 101'4 1007« 1047 1023, 961, 109'% 65y 891 Schuleo 6145 '46 B st. Seabd A Liref 4s°59.. Seabd AL ref4s'59ctfs Seabd AL6s'45 A. . Seabd A L 6" Shell Pipe L 58 Shell Un Oil 5s ‘4 Slerra & SF P §s'49. Sine Con O 6 ne Con O 7 | So Pacref 4s'55, | So Pac 4% 868, So Pac 4%5'69. So Pac 4158 ‘81 So Pac Ore 414877 So Pac S F Ter 4s'50. 100 So Ry gen 45°56 A So Ry 58'94... So Ry 6% '56. fipoknne Int 55 Stand OIl N Y w.- | Studebaker 6s 42 47 | Studevaker 6s42ctts. 46 | Tenn El Pwr 6547 A. | Texarkana §%s ‘50 Tex Corpev s | Tex & Pacs Tex & Pac 15t 55 2000 112 \Tu{&l’\l PT5%:s'64 8614 | Third Avref 4s 60.. Tob PrNJ 648 % Tol St L & W 455 2 Ul P&L5s'59 ww., Trumbull Stl 65 40, . Truax T C 6135 '43 | |UnEL&P5s 57 Un O Cal 5s ‘45 re Un Pac 18t 45 '47. Un Pac 1st rf 4s 2008. 10 Un Pac 1st rf 55 2008. 1 United Biscuit 68 °42. 106, United Drug §s '63... 887, U S Rubber 58'47.... 9113 | Univ Pipe & R 65°36. 2 Utah P& L 5s'44.... ah L& T5s'44 A.. 683 631 25 Util P& L 53847 281 magiomcy e 41.. 85 IVvaRy i cee. 1047 ‘\al(vlflus PAY 7 0s | VerSug 1st 7s'42 cfs 43, Va S W istis 200 9314 181 90 W, nb:nh 5s'80 D Wabash flu,: 75 Wabash 75 Walworth 6a 45 A. Walw th 61:8°3 Warn Bros cv 6 2'3 | Warren RR 31,8 2000. > of the previous session were partially | : | cotton market today. 86 104% Warren Brcv 6s°41.. {WPaPlst5s'56G.. 110 | Westchester Lt 5a°50 115 | Sh 1st4s 2361 gtd. Weat Eld 9 West Md 1st 45 '52. West MA 51871, | West Pac 5546 A West Un col tr 58 | West Un 55 '51. West Un 63 60 West Un 61483 | Wh & L Econ 4549, Wheel Stl 415553, | Wheel St151,5"48 A, W Sp Stl con 7s '35 ct. Wilson&Co 1st 6s *41. Wis C 1st gen 4s '49., Wis C ist gnis's9cf. . 10814 12 1013 Younstn S&T 55'78A . 893, Xoung!n S&T 58'70B. 90 891y 98% 98s . New York Cotton By the Associated Press, NEW YORK, December 4.—Losses recovered in a comparatively quiet Offerings were light following recent liquidation. while | very little Southern selling made its | appearance, and prices responded to | covering combined with a moderate trsde and commission house demand. Mnch contracts sold up to 12.51, or 7| ’pomts net higher, and were ruling at |about that figure around 2 o'clock, With the general list showing net ad- 2| vances of 5 to 7 points. Dry Goods Trading. | . NEW YORK. December 4 () —Cott J n oods heid firm teday itk tr o | Rayon weaving_mills are. S tions.. “New " Spting "silke > oiie brought out by the larger trade fa The demand continues fa:r for men | SUItings and overcoatings | dress “worsteds was broadened | were quiet and firm ctors. wear t in “Buriaps Liverpool Quotations. - LIVERPOOL, December 4 (P —Cotton, 7.000 bales: American nil. Spot quiet! i points Quotations in American ®ood middling ®ood middling : strict middline, middling, strict mid- | ditne. amoc o middiing. ;.6 strict good | ordinary, '6.40; Futures ' closed 6.4 July, 6.61; October. 6. RAILROAD CREDIT CORP. RETURNS 27 PER CENT | By the Assoclated Press. NEW YORK, December 4.—The Railroad ~ Credit Corp., through liquidating distributions made since June 1, 1933, has returned $19,891,- 184, or 27 per cent of the net emer- gency freight revenues collected by it, the corporation announced today. Of the total distribution, $8,742,797 was in cash and $11,148,387 in credits and obligations due the corporation. —_— NEW YORK BANK STOCKS YORK. December 4 (#.—New York S!curl" Dealers’ Assoclation: (Quotatfons as of 2 o'clock.) Bid lower. St > December, . 6.67. May, 6.0 6.64; | Bank of Manh (2) Tr Ffllh Ave 'M'l | First Boston Corp. Eirst Natl (100). Guaranty Tl’ Irvire Tr (1) G z Bntted st Tt ¢ - *Including extras. BUILDING JUMPS TONEW 1934 PEAK Awards in South Reach $55,625,000 Level in November. By the Associated Press. BALTIMORE, December 4.—A new high monthly record for 1934 in construction awards was made in the South, where contracts totaled $55,~ 625,000 in November. Figures compiled by the Mlnurlc-| turers’ Record showed awards in 16 Southern States for the first 11 months totaled $477,782,000. The November total exceeded by 44 per cent awards for the preceding month. The January to November, 1934, total compares with $304,- 933,000 and $387,552,000, represent- ing the value of awards in the like periods of 1932 and 1933, respectively. ‘The 1l-month total this year is 25 per cent greater than the aggre- gate valuation of awards last year. Awards for road, paving and bridge projects, amounting to $178,467,000 during the 11 months, placed first, considering the dollar value of con- tracts. Industrial and engineering projects \placed upder contract in the first 11 months 6f 1934 rank second only to road and bridge construction and amounted to $174,751,000. The No- vember total for projects of this char- acter was $25.936,000, compared with | $17,283.000 for October. Strictly industrial construction in the 11-month period totaled $73,925.- 000, the November figure running to $11,670,000, compared with the Octo- ber total of $7.139,000. During the past month a diversity of new indus- trial projects were placed under con- tract, along with awards for the ex- pansion and improvement of existing plants. New enterprises put under way last month included ice cream plants, laundries, granité quarrie: oil storage facilities and printing es- tablishments. During November there was a note- worthy increase in dwelling construc- tion, awards aggregating $2,337,000. isetting a new high monthly total | record, bringing the 1934 total to $17,- | 880.000. Last month many residences costing from $10,000 to $100,000 each were placed under contract, the jobs being widely scattered in the States from Maryland to Texas, but in par- ticular being concentrated in Wash- ington, D. C., and Miami Beach, Fla. || Chicago Grain | By the Associated Press. CHICAGO, December 4.—Grain | prices firmed to fractional net gains| today after an early setback, wheat | shn\unz more resistance to pressure ! |of profit taking than corn. Rein- statement of lines soid out earlier and orders to the pits in the closing hours. Wheat strength was attributed large- ly to expectations that an unusually + |large amount of grain would be fed | . | live stock, one crop authority estimat- «|ing 88.000.000 bushels might be con- sumed in this way compared with 75,- 21000.000 bushels last year. WHEAT— Open. High. Low. 1.00 1.00 1003, 947 pata !A!.'n KRS, Shiig 5412 sag K &1 1 %3 1 1 1 1 iy a0 Januery 1430 : Wheat rlnsed % to 1% tems hlgher than Monday's finish. May, 1.00!4a 1.00%, and corn was Ix to 1% up. May, 91a91's. Oats and rye gained | around a cent and provisions were also higher. Chicago Cash Market. Cash wheat, No. 4 red. 99';; No. 1 hard, 1.08%; corn, cld No. 1 yellow, ! 96':-%: No. 2 veliow, 96%; new. No. | 3 mixed. 1.03; No. 3 vellow, 947, No. 4 white. 1.03: oats. No. 3 wme 56'2: rye and buckwheat. no sales; | sov beans, No. 2 yellow, 1.10-12, track, | country stations; barlev, 75-1.26; timothy seed, 16.50-17.50 hundred- weight; clover seed, 15.25-22.75 hun- dredweight. Baltimore Quotations BALTIMORE. December 4 (P —Close. | Wheat, No. . Red Winter. garlicky. spot | domestic, 99; December. 09. { Liverpool Grain Prices. LIVERPOOL. December 4 (P .—Wheat futures closed easy. Close. Pr. clnse Drchhel' March . May July Sl Exchange 49413, ———e INSURANCE STOCKS | peNEW, YORK. December 4 (. —Security Dealers’ Associatio "Aetna ces Aetna Fire | Acina Life | Acricultural Am Reinsur (313 Am Surety (1) . Balt Amer | Boston_ 167 | Conn Gen Lifs Fid & Dep ('at) | Firemens Ins Frank_Fire Glen Falls, (1.60) | Globe & Rut cmm Amer (1) | Halifax | Hanover 10y 2 fiad Home Fire Sec Home Ins (1.15 Lincoln_Fire Nor River i&5%) Phoenix (2) Prov_Wash (1)’ St. Panl Fire Sprinefield (4! Sun Life . Trayeers (1 1 U S Fire (1.70%) Westchester (1409 " *Including extras. tDeclared or nm s0 far this year. CELANESE CORP. VOTES DIVIDEND ON PREFERRED By the Associated Press. NEW YORK, December 4—Cela- nese Corp. of America declared the regular quarterly dividend of $1.75 on the 7 per cent cumulative series prior preferred stock, payable Jan- uary 1 to stock of record December 14. Also the regular semi-annual dividend of $3.50 on the 7 per cent cumulative first participating pre- ferred, payable December 31 to stock of record December 14. MONEY MARKET. nNEW, YORK. December, 4 X Time. Toans steady; 60 3aal per cent. Prime commercial paper. 3 Bankers acceptancec unchan Rediscount rate. New Bank. 1'2 per cent. ork Reserve dairies, textile mills, gas plants, bulb{ some short covering brought buying | FINANCIAL Chemical Prices Hold to Narrow Range for Week Special Dispatch to The Star. NEW YORK, December 4 —Reduc- tions outnumbered advances among the price changes made last week in | the markets for heavy and fine chem- icals, but none of the changes in either direction was substantial, the Oil, Paint and Drug Reporter will say in its December 3 issue. The holiday emphasized the prevailing dullness, and there were indications that the year-end quiet had already set in. Some improvement was noticeable in the interest of the automotive indus- try in solvents. Higher prices were quoted on tung- state of soda, Manila copal gum and corn sirup. Quotations were lower on calomel, corrosive sublimate, codliver oil and a few domestic organic ferti- lizer materials. Contract prices were | extended on caustic potash, sulphate | and sulphide of zinc, formic acid and | coal-tar intermediates. Schedules were waited on chemical paint colors, coal- tar solvents and oxalic acid. The Reporter's composite index number oi prices for heavy and fine chemicals remained, for the fifth con- secutive week, at 1255 (compared with August 1, 1914, as 100). In com- parison with average prices in 1926’ (as 100), the Reporter's index number | is now 88.8, against 90.0 at this time last year. FAVORABLE TRADE BALANCE GROWS Margin Nearly $400,000,- 000 for First 10 Months of This Year. By the Associated Press. BEE A-17 WHOLESALE INDEX CLIMBS SLIGHTLY Fertilizer Association Finds Compilation One Point Higher at 75.8. Wholesale commodity prices ad- vanced slightly during the latest week, according to the index of the National Fertilizer Association. When computed for the week ended Decem- ber 3 this index advanced one point, moving up from 75.7 to 75.8. During the preceding week the index declined one point. A month ago the index stood at 74.6 and a year ago at 68.5. ‘The record low point reached by the index was 558 recorded at March, 1933. (The three-year average, 1926- 1928, equals 100.) Five ot the 14 groups in the index were active during the latest week. Four groups advanced and one de- clined. During the preceding week two groups advanced and three de- clined. The advancing groups for the latest week were fuel, including petroleum and its products, grains, feeds and live stock, textiles and miscellaneous commodities. The food group declined. During the latest week the prices for 30 individual commodities ad- vanced, while the prices for 8 de- clined. The number of declines dur- ing the latest week was the smallest reporied in many weeks. During the preceding week there were 28 advances and 21 declines. Two weeks ago there were 38 advances and 14 declines. Cotton, corn, wheat, cattle and heavy-weight hogs advanced dur- ing the latest week, while potatoes, apples and butter prices declined. Other commodities that advanced | were burlap, silk, most vegetable oils, hay, bran, middlings, cottonseed, zinc, silver, kerosene, calfskins and rubber. The advances in prices for some of these commodities were very small. Dun & Bradstreet Report. America’s foreign trade for the first | 10 months of 1934 showed a favorable | balance for this country of almost $400.000,000, on the basis of prelim- inary figures issued today by the Com- merce Department, compared with only slightly more than $100,000,000 for the same period in 1933. Exports amounted to $1,767.677.122, against imports of $1,371,870,532. com- pared with exports of $1,298,099.026 and imports of $1.187.499.461 for lhe first 10 months of last year. October exports aggregated $206,- | 351,871, compared with $193068,871 for the same month last year, and imports of $129,629,282, against $150,- 866.972. Export sions were: ope Nor N America Sou’ N America South America Asia . Ocean Africa Imports from the same divisions Imports from pnncxpsl countries for October were: Aus Frai Germ Ttaly Japan - Sov. Russia Eur. . United Kingdom DAILY OIL PRODUCTION RISES 51,377 BARRELS By the Associated Press. TULSA, Okla.,, December 4 —Texas ! production shot above the million- barrel mark again after a brief period | of curtailment, and with other aceas contrived to bring total United States crude oil production up 51.377 barrels from 2,368,995 to 2420,372 barrels a day last week, the Oil and Gas Journal says. Texas production increased from 956.917 to 1,012,990 barrels a day, with East Texas increasing its output from | 421.593 to 463,168 barrels. There was an increase from 451,675 barrels to 463,600 barrels in Oklahoma but there was a drop in California from | 13 1. 15 | 477,000 to 451,500 barrels. NEW YORK, December 4 (&) — Due to a sharp recovery in food= stuffs, the Dun & Bradstreet whole- sale commodity price index rose from $9.2791 on November 1 to $9.2913 on December 1. Compared with the vear's high point of $9.4778 registered on September 1, the current number shows a drop of 2 per cent, but com- parisons with the January 1 low of $8.8329 reveals a gam of 5.2 per cent. U.s. TREASURY POSITION. The position of the 1 was. R, Treasury Decem- LT for October to grand divi- | 1)~ i) Receipts for Decemb arabie date Financial Advice Without Obligation Home Loan & Savings Ass'n. 1505 K St. N.W. nder Superrisic U. 5 Treasury Dept First Morteage Loans on Property in D. C. Nearby Md. and Va for your investment portfolio 5 STOCKS that have paid continuous dividends throughout the de- pression. A full history and earning report on these companies free upon request. George M. Ferris & Co lnc‘ Washington Bldg. Member Washin INVESTMEI;IT TRUSTS NEW YORK. December 4 (#).—Security | Dealers’ Association (Noon quotations.) Bid Admin Fund wWW......... 14 Am Bankstocks ...\ Am Business Shri | Bullock Fund | Cumulative Tr ‘§h | Corporate Trust .. Corporate ’rrust AA. Corp Tr A A m Corporate Trust. Amm Ser Corp Tr Accum Bepds BICSH'N ¥ Depos Ins Shrs “A° Diversified Tr C. Dividend Shrs Five Year Fixed Tr ! Fixed Trust Sh A Fixed Trust Sh B Eund Investors In AR B SI sz L8 S e amispn s poL Spe B SR A Plymouth Fun Quarierly Inc Snrs. Selected Am Sh. ... Selected Am Sh Inc. Selected Cumul Sh. . PROPERTY REAL ESTATE LOANS MADE ON HOMES OCCU- PIED BY OWNERS IN OR NEAR THE DISTRICT OF COLUMBIA Applications given immediate attention THE WASHINGTON LOAN & TRUST CO. F Street at 9th 17th Street at G MANAGEMENT WHAT to do—and how to do it in connection with the management of apartment house properties, you'll find our Property Management specially well equipped to serve you. The fee is very nominal. B. 925 15th St. N.W. MORTGAGE F. SAUL CO. REAL ESTATE Nat'l 2100 LOANS