Evening Star Newspaper, December 5, 1934, Page 19

FIN SECONDARY BONDS DISPLAY STRENGTH Railroad and Communica- tion Issues Lead—Fed- eral Group Irregular. BY BERNARD S. O'HARA, . Associated Press Financial Writer. NEW YORK, December 5-—Low- priced rail and communications issues vere strong features of the bond mar- Iet in the late trading today. The United States Government list ras irregular. Treasury 3l.s of 1941 vere firm around 104.8, up 8-32ds of » point. In some loans of Baltimore & Ohio, Alleghany Corp., Erie, Southern Rail- way., International Telephone and Postal Telegraph advances ranged from 1 to 2 points. Chile Copper 5s were heavy, and there were minor losses in some of the electric power issues. Among the active foreign issues there was a fairly even division of small gains and losses. Chicago Grain By the Associated Press. CHICAGO, December 5—Wheat prices shot up almost 5 cents today in the broadest general trade wit- nessed in recent weeks, with all de- liveries of corn and some options of oats and rye selling at new high levels of the season. May wheat contracts sold at $1.05 Just before the closing bell, a gain of 45 cents during the day, within 3 cents of the limit permitted by trad- ing rules. Stop loss buying orders were brought into execution by the general advance. Trade gossip centered on the possi- bility of “favorable” developments at ‘Washington, although there was no intimation as to what action was ex- pected. A sharp advance at Liverpool also was partly responsible for the improvement in sentiment here. Corn strength was derived from growing apprehension as to the short- age of feed, with cash corn selling at the highest point since July, 1929, a load of No. 2 white bringing $1.09%. ‘Wheat closed flurried, 23,-3%, abme yesterday's finish: May, 1.0375-1.04. Corn 73-173 up: May, 9214-%. Oats 8-11, advanced and provisons un-| changed to a rise of 17 cents. Chicago Cash Market.: ‘Wheat—No. 2 red, 1.04-.05!,; No. 2 dark, hard, 1.10'> Com——old No. 1 yellow, 99; No. 2 yellow, 98-99; new, No. 3 mixed, 96';- 97%%-%: No. 2 white, 1.09!;. Oats No. 3 white, 58. No rye. Barley, 75- 1.26; timothy seed, 16.50-17.50 hun- dredweight: clover seed. 15.25-23.00 hundredweight; sov beans, No. 2 yel- low, 1.15-.16, net crack country sta- tion. WHEAT— Oven. Hizh Low. Dec.. oid. . 100y 1033, 1.0ty 1.03 1047 10013 1 oot 0%%, 03 January Liverpool Grain Prices. LIVERPOOL. December 5 .—Wheat | futures closed firm. Prev close December March . May T .ooe.oone Exchange. $4 03 Washington Exchange | SALES. Capital Transit Co.—10 at 26!% Potomac Electric 67 pfd.—10 10975. Riges Bank com—5 at 211. National Savings & Trust Co.—10 at 100. Bid and Asked Prices. BONDS. PUBLIC UTILITY Amer_ Tel. & Tel. 435 '39. Am. Tel. & Tel. ctl. tr. na at A‘ked Wash. Rwy. & Elec. MISCE:L!..AN!OUE Barber & Rosg, Inc. 6las... Chevy Chase Club 8'%; 3 Cox Country Gub 5’,5 Wllh Mkl Qfld Stcrlle Bs. STOCKS. PUBLIC UTILITY. Capital Transit Co... N. & W. Steamboat ‘Wash. Gas Lt. Co. Pot. Elec. Power Pot: Elec. Pur 52 & E1 com. Wash. Rv. & BL pra- NATIONAL BANK 20 300 100%2 apital (4) iberty (3). incoln (5) ggs com. N (3) 6) TRUST COMPANY. Amer._Sec. & Tr. Co. (8) v. & Tr... Loan & Tr SA\XNGS BANK. hnk cf lrkhndl & Sav. D! hington National Union (6 TITLE INSURANCE. E:lumbll (.30) al Estate (6.00). Oarpel Corp. (1) C. Paper Mg Dld ~ mer. Bromo-Selz. “A” ton Monotype (4) Mergenthaler Linotype Feobles Drus S. ptd, (6. 507,211, Real Est. M. & G. pfd Security Storage (5)- & Wh. Corp. Q‘d Lom tom ’1 50) d. pid. Wi Sviend FREIGHT LOADINGS. NEW YORK. December § (#.—Revenue reight car loadings on railroads report- ng today for the week ended December 1 e Week Previous Dec. N. York Central. 7 Pennsylvania . orf. "& Western Nickel Plate Wabash ... Tllinois Central November Sales Soar. NEW YORK, December 5 (#).—No- wvember sales of Montgomery Ward & Co. increased 28.2 per cent over the same month last year, with the total at $26,900,806, against $20,969,808. Oc- tober sales were 30.4 ahead of the corresponding month in 1933. ANCIAL LIBERTV BONDS. 3148 1932-47..... Low. 103 19 103 18 10319 2.55. Istcv 4% 833-47, 10321 10321 10321 4th 4148 1933-38,.103 23 10822 10323 4th 4% 533-38 3d called. . 102 4th 4%s 33-38 3d called reg.. 10131 102 TREASURY BONDS. 38 1946-48. 383 1951-65. . 10410 1047 10214 102 10 335 1940-43 Jun. 1044 1043 3% 1941-43 Mar.1045 1041 10820 10817 10622 10615 1086 1081 10218 10211 11217 11217 3% 81943-47 3%,51946-56 481944-5¢. 4% 8-3843-45. 438 1947-52 10130 10130 10130 +.10015 10010 10010 10014 1009 .1007 1007 10111 1016 101 1009 1017 1018 101 1048 102 1043 1041 10317 106 16 1081 10212 11217 211 FEDERAL FARM MORTGAGE BONDS. s . 99 3%s1964 ..101" 9827 9828 1012 1012 HOME OWNERS LOAN BONDS. 962 99 431951.... . 9529 9529 9829 9831 FOREIGN BONDS. ADbitib] Pa&Pw bs '53. Agr Bk Col 65 '47 Antioquia 7s " Antioguia 7 Antioquia 75 '45 D. Antwerp bs'68 Argentine 6% s'62. Argentine 63 57 A. Argentine 6s'58 B. Argentine 6s '59 June Argentine 6359 Oct. Argentine 68’60 May. Argenti] ‘60 Sept. Argentine 65 '60 Oct. . Argentine 6s°61 Febr Argentine 65 ‘61 May. Australia 4%s ‘66 Austrian 7s 43 gtd... Austrian Belgium 6s 65... Belgium 638 '49. Belgium 7s Belgium 7s ‘56 Bergen City 63 Berlin 63 ‘6! Berlin 6%s Berlin Elec 6s '55. Berlin Elec 6135 ‘51 Berlin Elec 6338 '59 Berlin El Ry 6135 '56. Bollvia 78 °58.... Bolivia 75'69. | Bolivia 8s°47... Brazil 6155 °26-57. Brazil S‘nl 21 57. Brazil 7s'52.. Brazil 88" 11 Bremen S Brisbane 58 '57 Brisbane 5s '58 Brisbane 6s'50. Budapest 6s Buenos A 6s'61 st Pv. Buenos A Cy 6%s '55. Canada 45 '60. : Canada 4%5 '36...... Canada o8 52 Cauca Val 1438 '46. Chile 63 '60. . Chile 6s '62 Chile 6s°63. Chile7s'43. Mortg BK 65 61 Mortg Bk 6s°62 Chilean M L Col Mtg Bk 7s 4 Copenhagen 4 Copenhagen 55 '52 Cordoba 7s '37 City Cordoba 7s '57 State. . Cost Rica 75 '51 A May couon.. Cuba 41;5 '49. Cuva 5338 '45. Cund'amarca 6%s'59 Czechoslovakia 8s '51 Czechoslovakia 8s '52 Denmark 4%s ‘6! Deamark 5% s 5. Denmark 6s ‘42. Dominic 1st 5%5°40.. Dominic 2d 5358 '40. . Dominic 1st 5328 '42. Elec Pow Ger 635 '50 | Finland 5138 5% | Finland 6s'45. . Finland 6135 '56 ['Anllnd 7s 50. nnish 6138 " ul i-x.nk(ort 618 French Gov 748 '41.. Ger CBk Ag 6s'38. .. Ger C Bk A 6s'60July. Ger CEK Ag 78 50... Ger Prov & City Bk con Ag 613s’38.., Ger Gen El 6135 '40. Ger Gen E1 7s '45..... German Gov 6%s ‘65. German Rep 7s'49. Great Br & Ir 48 '90 Grasz 8s 'b4.. Great Br & Ir 6%s Haiti 6s 562 Hamburg St Helsingfors 6%s '60. Hungary 7%s ‘4. Italy 78°51 Alseder Stl 6348 ItalCrd PW Ts 4 Ital Crd P W 737 A. 1tal P U Crd 73 52 Japan 5%8°65.... Japan 6138 '54. Jugos Mtg Bk 7s'5 unm coupon. .. Kreu&Toll 55’59Acfs. Lombard El 7s ‘62 Low A Hy E6%4s 44. Mer Water 6%8°60... Milan 6% New So Wales 63 57, New So Wales 53 '68. Nord Rys 68 ‘50 Norway 6% ‘65 Norway 6s 43. Norway 6s ‘44. Norway 65 Norw Hy El 6“ Norw Mun Bk 5s '67 Nuremberg 6s'52.... Oriental Dev Oslo 68 '65. Panama § Panama 65'63 Panama 5%3s°53. .. Parts Orl Ry 6%s 68. Peru 68°60.. Peru 68 61 Poland 6s ‘40 Poland 83 '60 Poland 7847 Porto Alegre 714s '66. Por A 7%3s'66Jul ¢ off Porto Alegre 8s'61... Prussia 6%s '61. Queensland 7s'41.... Rhinelbe Un 78 °46... Rhine W El P 63 ‘63 Rio Gr do Sul 6s'68 Rio Gr do Sul 78 °'66 Rio Gr do Sul 8546 Riode Jan 6%s'53... Rio de Jan 85 '46 coupon off. Rome 6%8 '62. . Rotterdam 6s '64...0 Rumania 7s'69. Sao Paulo St 78 '40. Sao Paulo St 7s 56. Sao Paulo Sta 8s°36 Santa Fe Arg 7s '42.. Saxon Pb W 6148 '6: Saxon Pb W 7s Serbs 7s '62. Serbs 7s 62 unm ¢ on. Serbs 8s '62. Shin'su E1 P fil/, 3. Siemens & H 6%48°'51. High. 328 9313 935 941y 93% 931, 9313 931, 4% 99% 100 102% ¥9 No. 3 yellow, | Buenos A C 6s'60 Oct 824 593 £8n 1044 10387 112 13% 14ta Low. 31 3214 88 1015 1013 1014 THE EVEN High. o6 30% Stemens & Hal 7s°35. Silesia Elec 6348 '46. . Silesia Prov 78 ‘58 Sileslan Bk 6347 Soissons 6s '36. Sydney 638 55 Tatwan El 61 ‘Toho El Pw 78 66 ‘Tokio 5%s ‘61 ‘Toklo EI Lt 6s ‘63 Tyrol Hy El 7s '52. Tyrol Hy EI 7% Ujigaw: s UnStl Wk 61,8 4T A, Un Stl Wk 63,551 A. Un St1 W 6%s°51C. Un Stl Wk Brb 7s 51. 111 Upper Aust 61,5 °57.. 981 Uruguay 6s°60...... 38% Uruguay 6s'64. 38% Westphal El P 6s 6. Wuertemberg 7s°'56. 325 36 Yokahama 68 '61..... 793 79'% DOMESTIC BONDS. £s'43. Abr & Straus Adams Exp 4s Allex Corp bs ‘44..... Alleg Carp 63’49, Alleg Corp bs '60. Alleg Corp 58 '50 ctfs Alleg Val 4s°42.. 1044 , | Allts Chalm 6s 37 * 1021 89 A 100 100 106% 10315 884, 27'% 30% 311y 31 31 6 6% 934 1010 41 82 59! B8in 100 1044, 102 v 101% 101)9- 1004; 1 158!‘ 21% 109 34 37% 2814 | 84y 42 39% 96% 2814 84y 41 1004 | 42 Am Beet Sug cv 68 Am Chain 6s ‘38 g Am & For Fw 582030 54'; Am 1GChbY%s 4y... 1034 Am Intl 5%s 49 87 Am Roll M 653 Am Smelt & R 53 Am Sug Ret 6537, AmT&T 4%8'39 AmT& Tcltr5s’4 9 Am T & T deb 55°60., 110% Am T & T deb 63 '65.. 1105 AmT& T5%s 43.... 112 Am Wat Wks 55 '44.. 987 Am Wat Wks 6s'75., 78 Am Writ Pap 6s°47.,. 23 Anglo-Ch Nitr 7s'45. Arm & Co 4539 Armstrg Cork 5s°40.. 103'4 AT&S Fegn 48°95.. 105 AT&S Feadj 45’95, 100% Fead 4s5'95st. 1603 AT&SFeds"l '55. AT&SFe4%s 4 AT&SFCA 4%s Atlanta & Birm 4s'33 Atl Coast L Ist 4s 52 Atl Coast L clt 4s '52. AtICLun4l;s‘64... Atl & Dan 1st 45 "48 Atl & Dan 2d 4548, AUG & W 15559 Baldwin Loco bs '40.. Bal & Ohio 1st 45°43. 102 Bal & Ohio 448°60... 574 Ba) & Ohio 1st 58 48. 107 Bal & O ref 5595 A Bal & Ohio 5 *96 F'.... Bal & O ref 58 2000 D. Bal & O ref 6595 C.. B&O PLE&WYV 4s'41 Bal & O Swn 55 '50. Bal & O Toledo 43 Bang&Aroos ov 45’51, 10315 Bell T of Pa 5548 B.. 114'¢ Bell T of Pa 5860 C.. 117 Beneficial L6s'46. ... 105% | Beth Stlpm 63'36... 103!y Beth Stlrf db 55 '42.. 106% Bos & Me 4%s'61J.. 68 Boston & Me 5 . Boston & Me 58 '67.. Bot Con M 6%s°'34.. Bot Con M 63,534 ct. Bklyn Edis 5352 E.. 109's [ Bklyn M T 6568 A... 104% Bklyn Union E155'50 99 Bklyn Un Gas 53 '45.. 115% Bklyn Un Gas bs 'so L1041 Eklyn Un G 7 Buff G E4l3s BR&Pcon 4%s” Bush Term cn §s Bush T Bldg 5s 6/ | By-Prod Ck 5%s " 101'; o o 124 1y Cal G & Eref 5s°37.. 108 Callf Packing 55 40.. 10374 Calit Pet 58°39... 102 Calif Petdb 5%;s'38. 102'; Can Sou 5562 A 1084 Can Nat Rys 4%s « 113% Can Nat Rys 413s'54. 106 Can Nat Rys 4338 °56. 1134 Can Nat Rys 4128 °'57. 112% Can Nat Rys 4138’68, 1077 Can Nat Rys 4%s 116% Can Nat 5s°69 July . 116% Can t 5s5'69 Oct. 1187 Can 587 Can Nor 4138°35..... 1021 | Can Nor deb 6%4s'46.. 1211 v(.an Nor deb 7s '40... 108 Can Pac deb 4s perp.. 24’3 Can Pac 4%2s '46. Can Pac §s ‘54 CaroCl & O 6s Cent Dis Tel 5: Cent Il E & G 55 Cent N J gen &s ‘87, Cent N Eng 4s ‘61 CentofNJ gn 5s'87rg. Cent Pac 1st rf 48 '49. Cent Pac 5s8'60.... Cert'd deb 5%s "48. Chesap Corp 6s '47. C&Ogen4l;8'92 C&O4'28'93 A C&O4% 5B C & O con 5s'39. Chi B &Q gen 48 Chi B& Q4%s'77 CB&Q Il div3ys CB&Q I div4s4d... l(lfi . Chi& E 111 5s'51... . Cni & E 111 5351 ctfa Chi G L & C5s'37 Chi Grt West 4s Chi Grt W 4s ‘59 stp.. Chi In & L gen 55 °66. CM&StP 45°89.... CM&StP gn 412589 C CM&StP 418 'S'J E. CM&StP 4%s” CMStP & P 58'75. CMStP&P adj 58 2000 Chie& NW gn 313s 87 Chy & NW gn 4s 87.. Chi & NW 4135 2037.. Chi& NW 4% 549 Chi& NW gn 5s°87... Chi & NW rf 55 2037, C&NW Nr W 61836 Chi Rys 1st 5s°27. CRI&Prf4s3s.. Chi R I & Pac 4s 52 CR1&Pgn4s88... 434 CRI&P4%s 60. T C StL&MO mem 4s'51 81 CTH&S1st58'60... 54% CTH&SInc5s'60.. 331 Chi U Sta 4153563 A.. 1081 Chi Un Sta 5563 B... 109 Chi U Sta 612563 C.. 114% Chi & W 1 con 4s'52.. 42 Chi& W15%s 6 Childs Co 5s"43... Chile Cop deb 58 '47 4 Choc O & G en 55 '52.. Cin Gas El 4568 A... 1033 Cin Un Term 5s 2020. 112 Cin Un Term §s°57 C. 111% CCC&StL gen 45°93.. 94 CCC&StLrf 4%s'TTE. 73 CCC&StLrf5s'63 D. T9% Clev & Mah V 55 '38.. 103% Clev Un Ter 43%s'17. 89 Clev U Ter 55'73B... 96 Clev U Ter 5%s'72 A. long Colon Ol 65 '38. Col Fuel & 15543 Col Ind cl tr 6s'34 Col & Sort 4%s 35... Col & So 4348 '80. Col G&E db 58'52ADF. Col G&E b8 '62 May Col G & E 68 '61 470 5214 291, 3513 71 64 18 1878 ConGas N ¥ 438 '51. 101% ConGNY deb 5355 °45. 1067 Con Power 55 '62. ... 108% Container deb bs 43.. 78% Crown Zell 6840 ww. 97 Crown Will P 6s°51.. 102 Cuba R R 1st 68 °53.. Cuba R R ref 7145’36 Den&RGQ‘/g. 36. Den& RG W bs'55... D&RG W bs'55asst 10% Den& RG rf5s'78.... 23 Det Edison 4145’61 D. 107 lfl(‘{ SS'A 105 4 100%5 100% 101"« 101% 5614 1067 70ty 70 6974 »la 101% 106% 103!y 100% 101 106 106% 1081 1081y 8% 8% 97 97 101 101 317 32 103% 10's 22% 107 107 A High. Low. 108! 108% 109 108% 108% 108% 106 106 107% 107 40 40 11115 111 108 108 9 1064 Det Edison rf 53'49. . Det Edison 6s'62.... Det Edison rf s '65. . Det Riv Tun 433 '61. Ddge Br cv db 6s '40. DulSS& At6s317... Ducu Lt 4148’57 B Duqu Lt 43586 ECubaS7%s'37.... LTV &Gacenbs 56.. E4 E1 I1 Bklyn 4s°39. EdEIIINY 5s°95... Eriecv 4 9 106% Erferf 5s75. Erie Gen R1v 6s ‘67 Erfe & Jersey 6s'55. . Fed Lt & Tr 6s'42. FlaEC Ry 4%8'59 Fla £C Ry bs 4. Fla E C Ry bs '74 ctfs Fort St Un D 4%s'41. Gannett 6343 Gen Am Inv bs '53. Gen Baking 5%8'40.. Gen Cable 6%s '47. Gen Pet 65°40. .. Gen Steel C b e 21004 9713 1045 83 1031 864 81y 81 89% 1064 103 90% 107 107% 97 T5% 1031 871y 30 Ky 90 10715 10714 Rty Goodrich 6s '45. . Goodrich 6128 47, Goody'r T & R 5s '57. Goth Silk Hos 6s'36. , Gr Tr'k of Can 68 '36. Gr Tr'k of Can 7s "40. Gt NRref4!,s'61 A, GtNRgen4 6 L 107y 1031 90 107 10714 107 107" GtN RgenTs Gulf M &N Gulf M Gulf Sta Stl1b%s” 42.. Houston Ol 5158 40, H’satonic con 58 '37.. Hudson Coal 58 62... Hud & Man inc 6s 57, Hud & Man ref 58 '57. 111 Bell I el 53°56. I11 Cent coll tr 4s Il Cent ref 45 '65.... 111 Cent coll tr 48 '53. 1l Cent 4%s 66 . 11l Cent ret 5s°55 11l Cent 648 36 111 Cent Lou 348 '53 ICCStLNO4%s 63 ICCSt LNOGs'63.. 111 Steel deb 4% "40. Inland Stl 4125 '78 A. Inland Stl 4355 ‘81 B. Int R T1strf§s’66.. Int RT 6s°32.... IntRTés ctfs.. Int RT 7s°'33.. Int R T 7532 ctfs Int Cement 5s 48 Int Gt Nor 5s*, 100% 90 7014 75y 107 Int GtNor adi Int Hydro El 68 44 Int Mer Mar 6s 41. Int Pap 1st5s’47A. ... Int Pap ref 6s Int T&T4% Int T & Tevdkhs Int T& TS lowa Cent clfs KanCF S & M 43°36. K CF&M rf 45 °36 cfs Kan Cy P&L 438 61, Kan C Sou 1st 3s ‘60.. KCSourfinbs’50.., Kan C Ter 1st 4s '60.. Kan Gas&El 4%s '80. Kendall 5128 48 ww. Kings Co Elev 4 Kings CoL1st Kresge Foun 6s'36 Laclede 53 33 Laclede G Lautaro Nitr 6s - Leh C&N 413554 A Leh Val Coa 64 L V Pacon 4s 2003... L V Pacon4lss 2003, Ligg & Myr 55 ‘51 Ligg & Myr 7s 44 Loew's 63 41.... Long Dock 6s '3 Long Isl ref 4s ‘49, Lorrillard s '51. La & Ark 55 °69. Louisv G&E 58 Lou & N unif 4s ‘40 Lou & N 41482003 C. Lou & N rf 5135 2003 941y 60% M'Cro'yS5155°41 filed. McKess & R 5348 °5v. Man Ry 4s 90 Mead Co 6545 . Met Ed 1st rf 434568 Midvale St1&O s “36. Mil El R &SL 58 '61.. Mil El R&L rf bs *7 Mil Nor 1st 415 M. StP&SSM cn M. StP& Mo K &T 5862 A. Mo K & T adj 63 '67.. Mo Pac Mo Pac 58" Mo Pac Mo Pac Mo Pac ctfs Mo Pac 5s 811... Mo Pac 528" (J A Mont Pow ref 5s 43 Mont Pow 55 '62 A Mor & Esx 3%s 20 Mor & Esx 4%8 '55... Mor & Esx 5s'55..... Murray Body 6155'34 Mut Fuel Gas 55 '47 Nassau El 4s Nat Dairy b%s ‘4% National Steel 58" Newb'ry (JJ) 5%s8°40 104% NET&T 4%s'61... 111% NewJP &L 4%8°'60. 924 .. Bd% \e'Or T&M 55 '54 B. 22') NewOrPS5s'55B.. New Or T&M 5135’54 N Y Cent 3%s8°97 NYCecon4s'98...... N YCref4%s2013.. NYCret4%s2013n. Y Cref 6s 2013. Cent deb 6s '35 Centcv 63 44 . 1123 C Mich C31,s'98 8544 C&St L 1st 45 '37 100% C&St L 44878, 60% C&StL5%s'T4A. 70 C&St L 1st 6s°35. 69 FEdison 55’44 B.. 109 ¥ Edison 55’51 C 109"4 Edisref 63s°41. 114 G El H&P 4s°49. 108 G El H&P bs 48, 116% 1164 L&W 1st 4 73. . 981, 974 ' Lack&Wn 4%5s'73. 10313 10315 N 38% JR‘. 2‘ 9. 8613 60'3 6014 6614 92'3 1095 114 1077% -<-4-<w<><-4»<»<-<'<.< . NH&H cv 6843, ', O&W gen 4s '55. ., O&W ref 4s'93. . . 10513 105% 105'3 37 62 618 40. 47'% 47": 109 343 2222227222222 77.7222222222222 - Nllnn Sh 6%s 50 Norf Sou 1st 5 Norf So 1st ref s Norf S1st refss'élcfs. Norf & W div 48 '44 Norf & W 1st 4896 No Am Co 6s 61 Nor Am Ed 55’5 Nor Am Ed b No Am Ed 6%s '63. Nor Pac gen 3s 2047, Nor Pac gen 4s'97. Nor Pac 415 2047 Nor Pac b5 2047 C. Nor Pac 6s 2047 . 9 Nor Sts P 1st 55'41 A 10313 1031 103% Nor StsP6s’41B.... 106 106 106 Ohio Pub Ser 7%s°46 1081 108% 108% Ohio River gn 58'37.. 103 103 103 & ‘o0 100 90% | « | Roch G &E Received by Private Wire Direct te The Evening Star High. Low. 105% 105% 101 100 67 65 2:58. 105% 101 65 Ore RR&N 4s'46... Ore-W R R& N 45 '61 Otis Steel 65 '41 —_— PacG & Ebs'42. Pac Mo 1st 4s ‘38 106'». 106% 991, 107 111 44 60 106% 991 107 111 Parm B'way 6345 '51. 4414 Par F La 6847 ctfs. . Par F La 6347 filed. Par Pbx 53 s ‘50 ctfs. Par Pbx 6145 °50 filed Pathe Exch 78 '37. ... Penn R R 4%s '81 D. 1Penn R R 43884, | Penn R Rcn 4%s°60. Penn R R gn 445 65. Penn R R db 414870, Fenn R R 65 ‘64 Penn R R gen Penn R R 6%8 36 Penn P& L 43s 81.. Peo G L & C ref 58 ‘41 Peo G L & C 654 Peoria & E 1st 4540, Peoria & E inc 4s 90, Pere Marq 1st 4s '56. . Pere Marq 445 '80. .., Pere Marq 1st 68 '66. PhilB& W 4%s'81 D Phila Co bs "67. .. Phila El Co 4571 . Phila& RC& 1 73 Phila& RC& | 6549 Phillips Pet 51,83y, Pillsbury FI M 65 43, Pitts&WvVa 415 60 60 60 9914 981y 97! 7 el Port Gen E1 4148 60. Port Gen I2 433 8'60as Porto Rico A T 6s 42, Postal Tel & C bs '63. PubSEl& G 48°T1... PubS E1& G 43%s '67. Pure Oil 6%s 37, Pure Oi1 5% 5 °40., Purity Bak 5s 48 Lieading 4%s°97 A Reading Jer C 45’5 Remin Arms 6s 1 Rem-Rd 51 Rep 1 & Stl 58 40. | Rep 1 & St15145'53 Revere Cop & B 63 48 Richfield Oil 63 44. Richfield O 63 44 ctfs RG W Istexinis'39. 110 G Vn col 45°49 A Roch G & E5':8'48. . | RIA&L 15t 435834, f— St Law&Ad 1st 5596, |§ll<l\l&s R&G 4533, tL-S F 45°30 A, Fals” r!.. LS Wzenrf5s40. P M&M M extqs'37 P M&Mbs 43 ext nA&A Pass 4s 43 San An b S 6s Seabd A Lref 4s bd A L6s'45A.. . 1bd A L 65’47 Acfs, .‘\wrr4l\\l- P 5549, Silesian Amn 7s 41 06 So Bell T& T §s '41.. So Pac col 4549, So Pac ref 4 So Pac 48 '68. Pac 433569, Pac4%4s°81.. PacOre 4148’7 So Pac S F Ter 4s '50. So Ry gen 4s'56 A So Ry 5894 So Ry Mem di So Ry St Ddiv 4s'5 Spokane Int 5s '55. Stand Oil N J 58 '46. Stand Oil N Y 4‘5-‘6) Studebaker 6342 Studeoaker 6s’42ct nnC&C6s 44 B.. Tenn El Pwr 68 '47 A Term Assn St L 4s 53 Tex Corp cv s 44... Tex & Pac 5s'77 B. Tex & Pac 5579 C.. Tex & Pac 55'80 D..., Third Av ref 4s 60 Tex&P M P T 51 ‘64 Third Av 1st 5s ‘37 Third A ad in ex 55'60 Tob Pr N J 6155 2022, Toronto H & B 4s '46. | Truax T C 6135 '43. Trumbull Stl 6s 40 Un O Calis 45 re ww UnOCal 6s 42 A Un Pac 4s '68. . Un Pac 1st 4s'47 Un Pac Ist rf 4s Un Pac 1st 1t 5s United Biscuit 6s "42. United Drug 6s°53... U S Rubber 58 '47 Utah L& T 53 44 A .. Utah P& L 5s'44..., Util P & L 63’59 ww,. Utl P& L5%s 4T... Vanadium cv 5s *41.. Va El& P5lgs ‘44, Va Mid gen 5s '36 Va Ry 1st5s'62 A, _— Wabash 41578 Wabash 1st 55 39 Wabash 2d 5s '3y Wabash 5s'80 D Wabash 5%s '75 ctfs. Walworth 6s°45 A. Walw'th 6155 '35 ww. Walw'th 61,5 '35 xw. Warn Bros cv 6s ‘39.. Warner Sug 1st 7s "41 108 Warren Brev 6s'41.. 39 W PaPlst5s'46 A.. 109% | W Sh 1stis 2361 gtd.. 84y West El deb 55 ‘44... lm’h West Md 1st 45’5, West Mi 516577 West Pac 5546 A. 109% 103 109% 1815 109% 8413 1031y & West Un col tr 55 y West Un 5 West Un 55 6 West Un 6%s'36 Wheel Stl 4%s'53.., Wheel St151;s'48 A. . W Sp Stl con 7s°35 ct. Wilson&Co 1st 65 '41 WisCS&D ter 4 Youngtn S&T 5s Youngtn S&T 5s A, B. METAL MARKET. NEW_YORK. December 5 Juiet:” electrolytic, ag! 89 90 891 891z (. —Copper 51100 d. Lead steady: (: East St. Louis. 8t. Louis, spot and Antimony. spot. 14.00. Market Averages By the Assoctated Press. Low (1933)° High (1632). Low (1932). 20 20 20 6 Indus Rms Um | Tora) Tcday. 1 p.m X Pre":ous du e Za3ENz Az e (1926 average equals 100.) (Copyright. 1934. Std. Statistics Inc.) « | orders steadily from now or, buyers “land $1 at Pittsburgh. 3| iron and finished steel are unchanged “iat $17.90 a ING STAR, WASHINGTON, D. C, WEDNESDAY, DECEMBER 35, 193 BONDS ON NEW YORK STOCK EXCHANG \GAIN CONTINUES AT STEEL PLANTS Production Rate Is Lifted t 29.5 Per Cent of Ca- pacity in Week. By the Associated Press. NEW YORK, December 5.—Contin- | ‘umg the slow but uninterrupted rise of the last seven weeks, steel output I has risen to 295 per cent of capacity | from 29 per cent last week, said Iron | g; tie iron and steel trade, Trends in the industry are some- what mixed, the review asserted, “but demand in the aggregate has regis- tered another small gain,” and pro- ducers lean to the view that a creep- ing recovery movement is getting un- der way. “Pig iron production in November,” it continued, “was in step with the | clow expansion of steel output, show- | ing a gain of 4 per cent duction was about 956,940 tons, as | compared with 951,062 tons in Octo- | ber, while the dally average was 131,989 tons against 30,697 tons in the previous month. “Aside from the automotive tndus- try, which should expand its sieel | are showing the caution characteristic lof the period preceding year-end in- ventories. And with the re-estab- | ! lishment of virtually all existing mar- ket quotations for the first quarter, there is no price incentive for re- plenishing stocks, now well deflated. “At the same time the absence of large stoc in buyers’ hands indi- | cates that recent gains in mill output, . mainly without the support of the | automobile industry. have reflected a genuine increase in ullimate con- | sumption.” | The scrap steel market, said the | summary, “has become buoyant on virtually all fronts” Scrap -prices | have been advanced 25 cents a ton {at Chicago, 50 cents at Philadelphia The Iron Age composite price of | scrap steel has risen $10.92 a ton as a result of advances at Chicago, Pittsburgh and Phila- delphia. The composite prices for pig ton and 2.124 cents a pound, re:prruvc'y DIVIDENDS ANNOUNCED Resumed L. 5. Starrett Co.. Increased. Cleaner. 20c Irregular Associated Oil.. E ireka Va Regular. Am Cyanamid A ....luc .. Do B e 1 D DOLOD 00000000 wOOD OO O OO : Indian cotton in Bembay. Age today in its weekly summary ori Total pro- \‘ M from $10.33 to | 5 FINANCIATL New York Cotton By the Associated Press. NEW YORK, December 5.—Cotton was generally higher today on buying xs A_]9 |Electric Power Output Declines Slightly in Week influenced by talk of prospective crop | control measures for next season, rela- tively firm Liverpool cables and re- ports of a higher market for East Buying was not active or general, but offerings were comparatively light on the ad- vance which carried March contracts up to 12.61, or 16 points net higher Some realizing was encountered at this level, but it was absorbed on slight setbacks, with the midafternoon market showing net gains of 15 to 18 points on the: general list. Liverpool Quotations. LIVERPOOL. December P —Cn!(on 'Hum bales. including in fair demana: prices # points pence: American g00d middling. 7.19. midaling, 04: strict low middling. 6.89: Jow mid- dlinz. "6.689: strict good ordinary. 6.49: £00d ordinary, 6.19. Putures closed steacy. December, 6.75; January. € March, Dry Goods Trading. NEW YORK. December 5 (#).—Cotton 800ds were firm today. with trading quiet. Rayon yarrs sales by large producers will take the full product available for Decem- er and January. Rayon finishing plants nave resumed work in the Paterson dis- received an ab ice of goods INVESTMENT TRUSTS NEW YORK, December 5 (¥.—New York Security Dealers’ Acsociation (Noon quotations.) Admin Fund ww. Am Bankstocks Am Business Shr d ESiPorate Frint Acc Corp Tr Accum S Depos Bk 8h N Y Drpos Ins 8hrs Dive:sified Tr C v im’ Ser s Trusteed N Y Bk T:usteed Am Bk B . CHICAGO LIVE STGCK. CHICAGO. December States Department of Agr: 41,000, 14,000, al 11001300 pounds T %00 medi pouncs. good S 209’ © NEW YORK BANK STOCKS YORK. December ty Dealers’ Associa (Quotations as of 2 Bank of Manh Bankers Tr () Bklyn Tr (41 Cen Han Bk & Tr (7 Chase Nat (1.401 Chem BK E: Tr (1.80 rcial ) Ehpire T 13 Fifth Ave (4t} First Boston Corp First Natl (100) Guaranty Tr (20) Public (117) Title G & T | Trlted st Te (i) PRODUCE EXCHANGE NEW YORK. December 5 (#.—Produce | Exchange stock (Ncon quotations.) les in ndrecs. Allied Brew ., U. S. TREASURY POSITION. By the Associated Press. The position of the Treasury December te $52.504 00 21 expenditures. >Cbalance. Recaum for the fiscal year (since July 1) 36.76: expenditures. (including ) "of emergency expe: of expenditures. S14 Gold assets, SN.1:2.944 5! Heceipts for. December parable date last year), § $46.714.243 40, customs 325 X et balance. rece:pts for | 0.137.- the month. Receipts for 607.41: expenditures. including ~$763.780.919. exn!mhmres Excess of $8. 155.09. Gold assets. fiscal year. S1 $1.989.6 o Cemiargency expendxuures FEDERAL LAND BANKS NEW YORK, December 5 (#.—Federal Land Bank bonds: (Quotations as of 2 o'clock.) 55 May & Nov., 1941-31 101’ ;i 10034 1001, 10078 30034 10078 10030 10098 10078 102 101ty 1007, 10078 9934 aiag 100 MONTREAL SILVER. . MONTREAL, December 5 (P).—Silver futures opesed fim. December, p"*,;{,",‘}; 10012 American Woolen Co—Three plants of com; located in 2 {and Rhode Tsland, will be offered for | sale at auction on December 10. By the Associated Press. NEW YORK, December 5.—Electrie power output last week totaled 1,683, 590,000 kilowatt hours, compared with 1,705,413,000 the preceding week, the Edison Electric Institute reported to- day. | Last week's production was 8.4 per cent more than for the corresponding week of 1933, against an increase of 6.1 per cen: recorded the week before. All geographic regions showed gains last week over 1933. The regional in- creases New England, 7 per cent, against an | increase of 1.6 the week before: Middle | Atlantic, 7.3 against 4.1; Central In- dustrial, 8.2 against 5.3; West Central, 9.7 against 6.5; Southern States, 15.6 against 17.9: Rocky Mountain, 12.8 |against 10.4; Pacific Coast, 15 against 1.2. TOBACCO FUTURES. NEW YORK. December 5 (P —Tobacco | futures opered’ quiet. uncha Janvary ol .o for Loans on Applications invited and residential apartments. business properties. Tyler & Rutherford, Inc. Mortgage Loan Correspondents Mutual Bemefit Life Insurance Co. 1520 K St. N.W. Na. 0475 Internationally Famous for Nearly a Century (Since 1858.) We Will Make First Trust Construction Loans on Residential Properties Prompt Action on Application Real Estate Mortgage and Guaranty Corporation 1610 K St. NW. ENTERPRISE SERIAL BUILDING ASSOCIATION 7th St. & Indiana Ave. N.W. 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