Evening Star Newspaper, December 11, 1934, Page 14

FINANCIAL ' FINANCIAL HIBBS CELEBRATES TRANSACTIONS ON THI TOTH ANNIVERSARY | 72— Dividend Rati Auaoo Buh Low. clou Chge. 11% 7 - % Received by Private Wire Direct to The Evening Star. Previous 2: sn v m. 2:30 p m. Previous 2:30 p.m. ~— 1034 — 2:55 Net Stucksand Bales, 2:55 Net 193¢ — Stocks and Sa. High “tow. Dividena Tate, Add 05, High. Low. Close. Chge. . Dividend Rate. Add 00. High. Low. Close. Chee. Low. Dividend Rate, _Add 00. High. 2% Container Corp (B). 5 % o% 3% + 4| 43% 22 LibO-Ford GI(1.20) 19 29% 28% 28% - % dl!l 20% Seab'd Oil(Del)(t1) 2 Lok 5% Contl Baking (A)... 27 5% 6%+ %| 24 17% LifeSaver (1.60).., 1 22% 22% 22% + 4| b1% 31 Sears Roebuck..... % % Contl Baking (B)... 1 1 1 + W| 110 73 Ligg& Myers (15).. 1103 103 -5 48 32 Sec Nat Inv pf (§2). 44% Contl Baking pf (4). 1 46% 461 +1% | 111% 74% Lige & Myers B(15) 9 106 103 103 —2% 6% Advances Mostly Canceled 56% Contl Can (2.40).... 36 60% 60% — % | 152% 129 Ligg & Myers pf (7) 2 151 150% 1561 —1% 6% Sharon Steel HW]‘I. 9 . 23% Contl Insur (1.20).. 8 35w 85% — | 26% 16 Lily TullpCup(1%) 19% 19% 19% 4 Sharp & Dohme. ... and Small Declines for % Contl Motors....... 4 % %~ %| 86% 16% Lima Locomotiv 20% 20 20 -1 6% Shattuck (FG) 25c. 16% Contl O Del (h50e).. 9 18% 18% 19% 11% Link Belt (40c). 1T% 17% 17% — % 6 Shell Union Oil. . Day Appear. 40% Corn Ex Bk & Tr(3) 10- 46 AB 41 35% 16 Liquid Carb (11%) 28% 27% 28 + % 57 Shell Union Oil pf. , 1 . 55% Corn Prod Ref (3).. 66% — 37 20% Loew's Inc (1) 36% 344 34% -2% 8 Silver King C M 40¢ 150" 135" Corn Products ot} 3 14 mv. UK + %| 108 T2 Loewslnopf (4). ' 1104% 104% 100% + % 8% Simmons Co. ...... " 9% 3% Coty Inc 5 6% 22% 15% Lorillard P (12.20). 7% Simms Pet (h55c).. ~ BY VICTOR EUBANK, 85% 28 Creamof Whut(z) . 35% 85 126 102 Lorillard (P) ptf (7). 6 SkellyOil..... Associated Press Pinancial Writer. 17% 8 Crosley Radio...... 12% 1 3% 1 LouisianaOil... 2 1 1 51% Skelly Oil pf ww. 864 18% Crown Cork & S (1), 24 28% 7% Louisiana Oil pf 6% Snider Packing | NEW YORK, December 11.—The 6% . 3% Crown-Zellerback. . 5% 21 13 Louisv G&E(A)1%. 3 12% Socony-Vae (60¢).. ¥ stock market experienced a moderate 32 - Founder of Brokerage Firm| s ‘o Adiressosraoh.. 9% 4% AfMliated Prod( Honored by Members of | 15, 8% ARSaen (1% 5% 1% Alleghany Corp. D. C. Exchange. 16 5% Alleg Cppt§30 W 14% 6 Alleg Corp pfxw. 160% 115% Allied Chem ( BY EDWARD C. STONE. 28% 10% Alllsl-Chllr:erl William B. Hibbs, founder of the| 7% 2% Amal Leather. brokerage firm of W. B. Hibbs & Co., . ‘,::e.{;d&?:';:(j{i) is celebrating h's 70th birthday an- 11%s Am Bank Note niversary today. He was remembered i et 40 Am Bank Nte pf (3) L ORI 19% Am Brake Shoe 80c. quet of flowers by 9 - 96 Am Brake Sh pf (7) President C. H. 5 90% Am Can (15).. Gockeler and his b 12 Am Car & Foundry. 2880C] on e % U m Car ‘'oun: . iates on th 32 'Am Car & Found pt Washington . 4% Am Chain Stock Exchange. { 19 Am Chain pf. A former presi- 20% Am Comcl Aleoho! dent of the ex- 6% Am Crystal Sugar. change, “Billy” Y 46% Am Crystal Sug pf. Hibbs rarely k. 1% Am Encaustic. 17 Crucible Steel...... 23 22% 62% 37% Louisv & Nash mz) 44 Crucible Steel pf... 56% 56 19% 8% Ludlum Steel. .. 3% Cuba RRpf. . 5 5 86 Solv Am pt ww 53 21 So Por Rico Sug (2) 3 23 selling flurry in the fourth hour to- 12'/. South Cal Ed (1%). 2 day. Early improvement was largely 1 Southern Dairies A, 4 ¢ 14% Southern Pacific... 6 canceled, while net losses of fractions 11% Southern Railway.. to around a point were recorded by 14 Southern Rwy pf... 4 i Chrysler, Bethlenem, Consolidated : gfi:;‘r",;“g;"“"""“ Sl Gas, United States Steel and Ameri- U Bt Kalleave0 1. 81 : can’ Smelting. American Telephone 5% Sperry Corp....... held slightly above its previous close. 6 Spicer Mfg. . 5 Transfers approximated 1,000,000 21% Spicer Mfg pf (3).. shares. 19 Splegel-May-Stern. Although the news was fairly bright, 17% Stand Brands (1)... from a market standpsint, much of it 121Y% Stand Brands pf (7) seemed to have been discounted and 3 Stand Com Tobacco. various operators did not hesitate to take profits in some issues that have recently been running ahead of the list. The usual number of new highs were recorded by scattered fa- vorites and a pick-up in several of the rails was encouraging to proponents of the advance. Metal stocks, firm yesterday, were inclined to rest. Share gainers of fractions to around 2 points at new 1934 peaks included Wilson & Co. A and preferred, Inter- national Business Machines and Briggs. Advances of about a point were shown by Delaware & Hudson, 31 Cuban-Am Sugar. .. % i 95 MacAnd & F pf (6). 110% 110% - 20% Cuban-Am Sugar pf 82 24 McCall Corp (2) 4 30% — 37 Cudahy Pkg (2%).. 1% McCrory Strs A ( % — 13% Curtis-Publishing. .. 13 McCrory Strs B (k). 6% — 433 Curtis Pub pf (6) .. : 3814 McIntyre Porcu (2). a1% - 2% Curtiss Wright..... 79 McKeesport T P (4) 5% Curtiss Wright (A). 4 4% McKesson & Rob. .. 13 Cutler Hammer-.... ? 11% McKesson & Rob pt. 1 McLellan Stores (k) 10% Deere & CO. .. 3 22 Mack Truck (1).... 10% Deere & Co pf (40¢). 3 35% Macy (R H)& Co(2) 85 Delaware & Hudson. 2% Madison Sq Garden. 14 Del Lack & West... 15% Magma Cop (h1%). 4% Den& RG W pf... " 13 Mallison & Co. . 631 Detroit Edison (4).: % 1 ManatiSugar (k). 29 Devoe & R (A)(12).. : 1% Manati Sugar pt (k) % 21 Diamond Match (1). o 10% Man Elevm g (k)... 32 Dome Mines (13%). 4% Marancha Corp. .. M Staud Invest Corp. . 11% Dominion Strs(1.20) 5% Marine Midld (400). ; 26% Stand Ofl of Cal (1) 144 Douglas Aircraft... . 2t 17 Marlin-Rockwell(2) 3 u 96% Stand Oil Exp pf(5) 8% Dresser M{g A h1%. . 8% Marshall Field, . .. 23% Stand Ofl of Ind (1) 3 Dunhill Intcrnatl. .. 3 2% 4 Martin Parry. 26 Stand Oil of Kan(2) 103% 80 DupontdeN (13%). % 9 231 Mathieson Alk(1%) 39% Stand OIl N J(11%) 12715115 Du Pont deb (6). 126% 5% 30 May Dept Str (1.60) 6 Starrett LS (h50c), 107 90 Duquesne Lt 1st (3) 100s 104% s m Maytag Co. 2 47% Sterling Prod(3.80). ; 7 3 Sterling Secur pf.... 12% 4% Eastern Roll Mills. . . T 29 v (J115 4% Btewart-Warner. . , 116% 79 Eastman K (14%).. 124 49 Maviag 1stpf (5)... 30s K 285 O} Btane & Welatar 22 124 Eaton Mfg (1), 18% 1% 26 Melville Shoe (2)... % 39% 3 e % Eitington-Schild. .. X y 5 5 -5 % Sun O11 (31) . 1 i 31% 15 Electric Auto Lite.. 27% 263 o e coo 3 3 %| 118 100 SunOilpt (6)...... 8 2 i e e ety 80 Flec Auto Lite pf 7. 28 Merch & M T”‘ §0) 2 ¢ 97 3 1% Superior Oil. , Fractiona! improvement was regis- 3 Electric Boat. . 8 20% Mesta Mch (1%) n % 23% 15% 4% Superior Steel. 2 tered by American Telephone, Con- Mus Ind(h19¢). 7 7 3 Miami Copper...... 3 3 5% 38 Sweets Co of Am 7 solidated Gas, Public Service of New PR L TIRt E 9% Mid.Cont Pet(h50¢) ; ¢ 2% % Symington........ s Jersey, United States Steel, Bethle- 6 Elec Pwr&Lt §6 pf. % 614 Midland Steel Prod. 2 10% 10% 1 ! hem, Montgomery Ward, Colgate- i 43% Am & Foreign Pwr Iuismed (& coemion 11 Am & For Pw pf (6) OEC P Some 3 11% A & For Pw pt (1) FERIE 614 Am & For Pw 2d pf. Sis Wi 10% Am Hawalian SS(1) finds the veteran 17% Am Hide & Leath pt broker in excel- "y TgTpu,, 26% Am Home Prod 2.40. lent health. The Nk 5 3% Am Ice Co. . were dispatched to his country estate 4% Am International... congratulations he received today % Am La France (k).. at Leesburg, Va. His phone rang mer- 8% Am La Fran pf (k). rily and he was swamped with good 14% Am Locomotive. wishes. 35% Am Locomotive pf. Mr. Hibbs was born in Gordons- BN A ville, Va., but came to Washington " ;f' Am ‘:,mf‘_’" . when very young. He started his e :I’: i';“' "r“}‘ IIA) e career selling newspapers in the finan- 10% Am P oL, 85 pf fi% cial district. -After obtaining his 11% Am P&L §6 :r 1) education here, he entered the brok- 10 Am Radiator = erage business established his own 13% Am Rolling Mills firm and for half a century was one 86 Am Safety Razor(4) of the leading financiers in the Capi- ok Seating tal. 5 17% Am Shipbldg (2) Some years ago he reorganized his 30% Am Smelt & Ref. business and in addition to his part- T1% Am Smé&Ref 6% pf. ner, W. W. Spaid, took Karl W. 5 100 Am Smé&Ref pf (7) Corby and J. Thilman Hendrick into| 261 10% Am Steel Foundry. 5 Stand Gas& Elec... 5% Stand Gas & Elec pt 156 Stand G&E pf(1.80) SEFEPTEFERESEETESE ¥FF &R R FEEE o FEFF 34 Elec Stor Bat (23¢). 3 36 Minn-Hon Reg (13) 19% Texas Corp (1) 2 g Standard Oil of New Jersey, S -2 ! - R . : * y, Cater- 46 Endicott-John (3).. 1 53 1% Minn Moline Pow... 7 a 30 Tex Gulf Sulph 4 3 pillar Tractor, United States Smelt- 10% Eng Pub Svc §5 pf.. 5 15% Minn Moline Pow pf 3 3 3 1314 Texas & Pac R R 2 2 i 11 EngPS $5.50 pf ww 6 iy Lo 5 Pt by 2 2 ing and American Smelting. An 13 Eng Pub Sve $6 pt.. 84% 13% Mo Kan & Texas pf. b 6% Tex Pac Land Trust : 5 Equit Office Bld.... 9% 8 Mo Pacific pt (k) Yy : 8 Thatch Mfg (h25c). Aircraft, Sperry, Kennecott, Loew's 9% Erie R R . . i 39 Thatcher Mf pf 3.60 : and Western Union and Radio pre- 14% Erie R R 1st pf.. gf:: :}g‘" §f§:‘a:n‘§féwn‘1 % )C) 4 4 TheFair.. ..p ferred B dropped more than 2 points. 7 Eureka Vac Cl(80¢). N 35% 20 Montgomery Ward. 28% 50 The Fair pf (j31%). ! The forthcoming “fireside chat” of 9 EvansAuto Prod... 6 44% 16% Motor Products. 2 214 Thermoid Co. the President was the subject of wide- 10% 3 Exchange Buffet... 16'4 6% Motor Wheel. .. 4% Thomp'n (JR) (50¢) . % K 3 |spread guessing. There was consid- 5% 71 FaliianksCo 15% 5% Mullins Mfg K 4 10 Thompson Products , 7 erable doubt expressed as to whether 1 i S0 46 124 Mullins Mfg 5 3 1% Thompson Starrett. 2 2 the presidential address to the Nation 3% Fairbanks Co p! 26% 13 Munsingwear Inc. 7 8 Tide Water Asso... ¥ & would prove a substantial market stim- 7" Fairbanks-Morse. : L 6 643 Tide W A pf (38 1 b g ; 6 30 Fairbanks-Mrs pf.. IS S Muryay Corp ’ petda i 3 ulus and, in some quarters, there was 9 6 y many of his old business burdens rest | 44% 37 Am Stores (12%) on_younger shoulders. 72 46 Am Sugar (2). During the World War Mr. Hibbs | 129% 10816 Am Sug pf (7). was very active on the Liberty Loan| 24 13% Am Sum Tob (11%) Committees. He has served as a 125% 100% Am Tel & Tel (9) rector of many business concerns, is| 85% 65% Am Tobacco (5). a thirty-second-degree Mason and a| 89 67 AmTobaccoB (5). member of many organizations such | 130 ‘0;; :"‘ ;",b“}ggr"s . ()k.) as the Racquet, Alibi and Chevy 125 A'm“ S Wk;‘m Chase Clubs. His acquaintance with 7 Am Woolen g public men has been very broad. 86 Am Wool pf (h24). Christmas Club Idea Spreads. 1 Am Writ Paper (k). A survey of the Christmas savings 3% Am Zine & Lead. club situation in Washington banks 1g A'“w“gfl‘t‘s’i““f reveals that the thrift idea is still s spreading, that hundreds of accounts 264 Archer-Dan (1134) are being opened daily and that gen- 76% Armour Del pf (7). erous sums are being subscribed by 314 Armour of Illinois. . the members for 1935. Enthusiastic| 7 46% Armour 111 pr pf (6) bankers, who are pushing the clubs 3 Arnold Constable vigorously in their institutions, call 7% Asso Dry Goods. attention to the fact tifat the Christ- 45% Atch To& S F (h"). mas clubs have no membership fees, T0% Atch To&S F pf (5). no dues, no meetings, just a happy 241 Atlantic Coast Lin: name applied to a sound idea. 211s Atlantic Ref (1). v 2 85% Atlas Powder (2) All the members have to do is de: B8 ANl s EowdstDe () 16% Auburn Auto. easier tone was displayed by United a disposition shown to hold off com- 11%4 4 Fed Lt& Trac. mitments until after the speech. c 82% 12% Nash Motors (1) 3 % 17 24 TimkenR B (11 62 34% Fed Lt&Trac pf(6). mA b B 1 5% ,“m(zmmcz 5 3?.\ 25 Fed 27"5?'{0‘:.1':‘;\‘; v 22y + 49' 257 s R 5% 9 8 _G?H Tri-Contl pf "16). 35% 23% Fid PhF In (1.20) 5 s Bigcuttpf ) o 2 f e S BRI 5 255 12 NatCathTer A 504 5 . 1% Truax-Traer Coal. . 26% 134 Firestone (40c) .. 411 g Riat Deity P rod 1 20 - 2% Txamentien §7% 71 Firestone pt A(6).. 69 b4y First Nat Strs(23). 17% 2 Follansbee Bros (k) 22 8 Foster-Wheeler 174 64 Foundation Co. 7% 17% Fourth N Inv(h85¢c) 17% 8% Fox Film (A). 63 20 Franklin Simon pf.. sk ewport Industries 50% _21'5 Freeport. xas (2). Y Afr Brake..... * : ew York Central.. 4% 1% Gabriel Co (A)..... YC&StLpL.:.. 11% 5% Gen Am Investors. . 43% 30 Gen Am Trans(1%) T 367 S6% g N ’\.“;f;“‘;{;r“‘;;rd 283'% 12 Gen Asphalt 14% 6% Gen Baking (hé3c). 10% 5 Gen Bronze.. 6% 2% Gen Cable | By'the Associated Press. CHICAGO, December 11.—Lacking leadership, the grain market drifted today, and in the lightest trade in 11% Un Oil of Calif (1). weeks prices sank fractionally. Early 90 Union Pacific (6).. . liquidation, partly in response to weak- 71% Union Pacific pf (4) ness in other world markets, carried 15% Un Tank Car (1.20). 84 United Alrcraft. ... 3% United Air Lines&T 21% Unit Biscuit(1.60).. Favorable crop news from Argentina 35 United Carb (2.40) and Australia ‘Pas a pearish factor. United Corporation. 3 Wheat closed 'z to 7g cent lower ited Corp pf (3). e v y, Tae bl ’ than yesterday's finish, May, 1.017% L4441 1+ Nat Dept Store (k). at Distillers. . 36 Und-Ell-Fisher (2). 4 39% Un Bag & Paper (4) 35% Un Carbide & C 1.40 0 i posit a definite amount each week. ‘They may deposit from a few cents to a few dollars, each member decid- ™ 9% Amatin Nich B A(S) ing this matter for himself. At the 3% Aviation Corp Del. . end of the year the 50 weekly deposits are paid back in a lump sum. Most 4% Baldwin Loco. of the banks offer five different 1e 16": Baldwin Loco pf. . . classes of accounts. 3415 13% Baltimore & Ohio. . Members who pay 50 cents a week | 373 16 Baltimore & Ohio pf receive $25 at the end of the year.| 111 95% Bang & Arros pf (7) ‘Those paying $1 weekly get back $50. 6% 2% Barker Brothers.... Deposits of $2 a week brings back [ 38la 16} Barker Brothers pf. $100 at the end of the year, while| 10 575 Barnsdall Corp..... regular $5 deposits mean $250. The | 45% 23 BavukCigar (gl).. $10 weekly deposits bring the year| 19% w:,. Beamcegrean;‘e'zy‘. end club check up to $500. In most| 18% 8% Belding-Hem(hooc) instances, the interest is the same | Fgi* 100 BETCAt ' oan' as the banks paid last year. 40 26 Best&Co (1%). The new clubs opened on November | 491, 2414 Bethlehem Steel. 30, to remain open to new members| g3 547 Beth Stlpf (31%).. for six weeks. So far the $50 and $100| 40 19% Bigelow-San (h1).. clubs are reported to be most popular.| 164 6 Blaw KnoX........ In a few cases in years past, mem-| 109 88 Bloomingdale pf (7) bers have put in as much as $2,000( 56% 28 Blumenthalpf..... during the 50 weeks. Bank officials,| 1l 6% Boeing Aeroplane.. however, advise that these larger| 68% 44} Bohn Alumn& Br(3) unts be placed " in rmane: 92% 176 Bon Ami (A) (15).. i 5 Pe nens 19% Borden Co (1.60)... savnEx 16% Borg Warner (11%) Bank Notes Forty-Fifth Anniversary. 5 Dot ek George E. Allen, member of the 7 Botany Mines A (k) Board of Commisioners of the District 6% 12 Briggs Mfg (f1%).. of Columbia, and Frank M. Totton, 14 Briggs&Strat t1. "0. second vice president of the Chase 26 Bristol-Myers t. National Bank of New York, were 28% Bklyn-Man T(hmc} guest speakers at u banquet given last 821 Bklyn-Man T pf (6) 50 Bklyn Union Gas(5) night at the Willard Hotel by the S B 4 Brunswick-Balke. S WRRCaNE R enE BB ON wheat and corn values down around a cent and the loss was never fully re- covered. - (I R 3 9% United Dyevwood. .. 7 - 1.02, and_corn was !4 to 33 cent off; 3% United Elec Coal... May, 89%-7s. Oats and rye lost 59 United Fruit (3). 7 7 fractions, but barley futures closed 11% Unit Gas Imp (1.20) 23 2% 12 % _higher. Provisions were steady. 4 Unit Piece Dye Wks 3 WHEAT— Open. High Close. 30% Noranda Mines (h2) sl 68 30 Unit Piece D W pf.. 40 i 0% 100t 1003 1004 1% Norfolk South'n(k) 113 U S Distributing... o 1091 1,018 1:01%8 1.01%: 2% North Am Aviation. 12 4 U S Distributing pf. 4 957 4 North Amer (1)... 6 US&Forn Secur.. Ontario & Railways pf.... 58 27 GenCigar . 120 97 GenCigarpf (7)... 25% 16% Gen Electric (60¢). 12% 11% Gen Elec Spe (60c).. 36% 28 Gen Foods (1.80). 1% % Gen Gas & El (A) 64% 51 Gen Mills (3). 42 24% Gen Motors (11 108' 89% Gen Motors pf (5) .. 6% 3% Gen Outdoors Adv. . 21 8% Gen Outdoors AdvA 25% 103 Gen Print Ink (1), 45% 23% Gen Ry Signal (1).. 3 y & Util.., ‘ 2 Oliver Farm Equip. G 10 Gen Realiyani 5 9 Oliver F Eqprpf A. 70 Omnibus pf (A)(8). 5% Oppenheim Collins. 13% Otis Eleva & | 5 953 o ] PYOPQULTSOSINS -f FIO8 ) ; 11 USFreight (1).... 47% North Am Ed pf (6) 344 U'S Gypsum (11%). 14% Northern Pacific. . . b 5 4% U S Hoffman. 1% Norwalk Tire&Rub 2 2 32 U S Indus Alcohul . AUS Leather....... 15% 8% Ohlo Ofl (hd5c)..... ) 7. USS Leather (A D 45 US Leather pr pt 15% U S Pipe & F (50c) . 1613 U S P&F 1st pf 1.20. 4 US Realty & Impr. Rubber.... . 244 U S Rubber 15t pf .. 96% U 'S Smelt & R (h9). +1 ¥ + ¥ FEFLE ¥ 26% 10 Gen Realty&Util pf. 23% 10% Gen Refractories. .. 19% 10 Gen Refracctfs.... 1474 8% Gillett Saf Raz (1). 1% 47 Gillette Saf R pf(5) 6% 2% Gimbel Bros. . 30 16% Gimbel Bros pf. 28% 15% Glidden Co (1.30).. 9% 3% Gobel (Adolf) 23 16 Gold Dust (1.20). 18 8 Goodrich (BF) 62% 851 Goodrich (BF) pf.. 413 181 Goodyear T & Rub.. 11% 3% Gotham Silk Hose.. 713 42 Gotham S H pf (7). 4% 1% Graham-Paige..... 13% 4 Granby Consol. 8% 4 Grand Union. 40 23 Grand Union pf (3)4 40% 28 Grant (WT) (1). 3214 124 Great Northern pt.. 15% 8% Grt Nor Oreg(h50c) 35v. 25 Grt West Sug(2.40) 47 Gulf States Stl 1st.. 1 1o N (I I IR oo 444 ~ S“M(Dul]ran(' % § 5 USSm&RpL (313) €0 Owens-I11 Gl.e: 4) 29% United States Steel. e U S Steel pf (2).... 1% Pacific Coa 99 U S Tobacco (i7%) 12% PacificG & E (1%8). 8 2% United Stores (A).. 20% Pacific Lizhting (3) 3 24 3 40% Univ Leaf Tob (13) 19 Pacific Mills (h30c) 1 » 7 Univ Pipe & Rad. .. sh_whea 707 Pacific Tel & Tel (6) 7 1 4% Univ Pipe & Rad pf. inally 3 over December on No. 2 §' Pac W'n Oil (hi0c). 4 8 5% 1% UtilPwr& Lt (A).. red, and 8';-1; over December on No. 2% Packard Motor . 2 hard: corn, uid, No. 2 white, 1.0414; new, No. 2, yellow, 95; No. 3, white, 1.0212-0314; oats, No. 3, white, 58':; No. 3, white, 55 ; rye, no sales; bar- ley, 75a1.26; soybeans, No. 2, yellow, 1.20; timothy seed, 16.50-17.50 per hundredweight; clover, 15.25a22.50 per hundredweight. sereFrrrrees code January . thtalo (ssh Market. Cash wheat, no sales; basis nom- American Security & Trust Co. to commemorate its founding, 45 years ® 3 aErRm® & 314 Bucyrus-Erie. . ago. More than 300 guests %ittended the S0 B acyEes e gf ;p affair. Among them were officers, directors, members of the Advisory 12 533’2 }E g: Q}fi of. Board of Branches, counsel and em- 2 Budd Wheel....... ployes of the company, both active 5% Bullard Co. . and retired. 1 Burns Bros (B). President Corcoran Thom presided | 4 Burns Brospf..... at the banquet. Many entertaining 10% Burr Add M (nté5¢) features appeared on the program and 6 2% Bush Termdeb (k). an eight-plece orchestra furnished 5% Bush Tr Bldg pf ct. 314 Hahn Dept Stores. .. 511 Penney (J C) t4.40. music for the dinner and the dance| 3% 1% Butte Copper & Zino 59% 25% Hahn Dpt Stores pf. ! 20% Penn R R (h1) which followed. 1% Butterick Co.... “ 9% 3% Hall W F Printing.. 5 1 21 Peoples Drug S (13) Pope Names Advisory Council. I3 By A 101% 84 Hanna (M A) pf (T) Ll e Frank R. Pope, president of the R it ; 814 Petrol Corp (h Association of Stock Exchange Firms, 3 Callahan Zinc. . ... % % 82 19% HAt COrp Pl .. ensss % 13% Phelps Dodge(h75c) has formed a national advisory council 2% Calumet & Hecla 1% 1 Havana Elec Ry. . 5 % 243 Phila Co $6 pf (3)... of 132 members of New York Stock 6 Campbell-Wyant.. 4 813 3 Havana Elec Ry E « 3% Phila& Read C& 1 Exchange member houses. The mem- 121 Canada Dry G A (1 4 6% 1% Hayes Eody.... p 3 . 11% Philip Morris (1).... bers will be available to investors in 107% Canadian Pacific 967 74 Hazel Atlas Gl (3).. % 13% Phillips Petrol (1). their communities to hear both criti- 281 Cannon Mills (2) 81% 69 Hercules Pw (13%) "a I:lercc-Arrow (K)o cisms and suggestions for increasing 5% Capital Admin (A). 731% 48% Hershey Choc (3).., 2 o % Pierce Petroleum. the usefulness of the stock exchange 35 Case (J1)Co...... 1024 83 Hershey C pf (15).. ; s Bl Ly o as a national market place. 56% Case (J I) Pf (4)... 10% 4% Holland Furnace. .. L. About every important city in the 28 Caterpillar Tr t1%. 32% 11 Houd-Hersh A j2%5. + 25% Pitts i:“'x e United States is represented on the 17% Celanese Corp. 8% <% Houdaille-Hersh B. 2 xf" Pms &"'\,:q \}; . committee. W. W. Spaid is the Wash- 1% Celotex Co (k) . 54 43 House Finpf (3%)., s». i e ington member. Baltimore is repre- 64 Celotex Co pt (k). 29% 1214 Houston Oil........ 3 2 Smanaollene sented by Ellicott H. Worthington, LB Caut Agutre /(7). 30k Eows Sound (1) 10% Postal Tel & Ca pi and Richmond by Wymond Cabell. 53 Central RRofNJ 4% Hudson Manhat 334 Proc & Gamb 11.70. 5t Century Rio Mills. . 6% Hudson Motor Car.. Mr. Pope says that in the past in- 25 Cette BIGMBI(T) 1% Hupp Motors. . - evs. 117" 10214 Proc & Gam pf (3) . vestors outside of New York have had 80% Cerro de Pasco (2).. e 45 26 PubServ N J (2.80). s Panhandle Prod&R. A% 7 Yadsoo Sgles coen 18 Par-Publix ctfs(k). SIS ens T o 4'3 Van Raalte. 54% VanRaalte 1. 245 Vick Chem (12.40). 1% Va-Car Chemical... 10 Va-Car Chem 6% pf 52 Vulcan Detin (h3).. 17 Park & Tilford 21 Park Utah. 3 Parmelee Transport 14 Pathe Exchange. 10% Pathe ExchangelA) 10% Patino Mines...... 11 Peerless Motor. -1 -3 Ke BaaE oo~ FPEIETS FEEFEESF S "I|I|l+|4§'$l|l|4#lll|4f Liverpool Grain Prices. 4 Waldorf Sys (h20c) LIVERPOOL. December 11 (#.—Wheat 17% Walgreen Co (m1). 3 = 34| tutires closed easy. 8415 Walgreen pf (6%3). L 5 Ward Baking (A).. E § 7 % | December h)"ge & 1% Ward Baking (B) .. March z; Ward Baking pf (2) May % Warner Bros Pic. .. 7 5 15 Warner Bros Pic pf. PRy 1 Warner-Quinlan... 3 i lgl‘; Warren ?l:sP., iy 3 FOREIGN EXCHANGES. L « . % i on A NEW YORK. December 11 (#) —] 3 Webster Eisenlohr. 5 5 <+ %|exchangs sresuins Orcat B b dor 15% Wesson O & S (t1 R P Y in cents: Great Britain, de- 52 Wesson O & S pe(4) B g < 45 West Pa Elec pf (6) : 883 Taly “Gemand. 834" cabies. & 54 51% West Pa Elec pf (7) 7 Qermany 1% Western Dairy pf A T Western Maryland.. 4% Western Pacific pf. 29% Western Union. ... : 15% Westingh'se AB 50c 27% Westinghouse Elec. a3 £55. " Snanghal 82 Westingh'se 15t 3 5 Hon.km;: 3.00: Mexico City fsilver peso) 6 Weston Elec Inst... .2 1. New York m mm.ml o P Chge. % 2 s 1 9 % 2 ok 84 3 % Y y L] % 5 ; % 5 ‘ l the firm. Since then he has let| 92 59% Am Stl Fdry pf (2) 6% Elec Pwr&Lt $7 pf.. g 8 4 44 Mid Stl P 1stpf (4). 15% T4 Telautograph (1).. | Palmolive, Chrysler, American Can, 7 7 y " E Py 2 + p : 8 3 6 2 £6! - ] < - 9 I 4 2 2 ] - %+ 3% o s 1 5 . L 5 : w 3 3 6 2 ’ Y 0c). T % " i 88 uowp. oo rEeonEnblonEunacBivananie FE FFFEIER no way to ask questions or make sug- ¥ R 84 61 PubServNJpf(5). 14% Westvaco Chl (40¢) 7 n—Nom! gestions except in a most impersonal 332 g;:;“}:‘g;f;’&':g) 24 ;g* fl}mz:: g:::::} pt.. 2 2414 104% 90 Pub ServG&E pf(5). 11% Wheeling Steel..... 5 manner. They will be now offered 34 Ches-Corp (2%). 2% Indian Refining.... 214 2 59% 35% Pullman Inc (3). '3 7 i: ::vheehng Steel of.. 3 l'ller:lfionllly Famous direct personal contact. 1% Chi & E 111 pf (k) 19% Indus Rayon (1.68). 28% e il ! Zia Wilcox O & Gas. . oy Consa Financial District Gossip. 1% Chi Great Western e (Since 1858.) 49 Ingersoll-Rand(t4). 63% 5 ‘ 8% Purity Bakeries 1) 2 4% Wilson & Co All the national banks in Washing- ;V, gm g‘;fastt‘;:tl":‘. 34% Inland Steel (h50c). 44% 12% Wilson & Co (N irati 5 3 27 ). 28% ton and many other financial institu- SR e 2k 4% Radio Corporation. . ‘ 53 Wilson & Co pt (1) 9916 100 41 tions will hold their annual meetings 4% Chi & Northwestern 23% Radio Corp pf (A).. 4 53 41% Woolworth (2.40).. 524 B52W —1% on Tuesday, January 8. So far as e NcihEtpe: 24 [neropnl Ruker s fi: 15 Radio Corp pf (B).. i 13% Worthington Pump. 2 204 204 known now, there will be few changes 3% Chi Pneumatic Tool in directorates aside from the filling 14% Chi Pneu Tool pf... mz 155 TatBos ek o0s A18L 162% 154 +z 4% Raybestos-Man (1). el L R TR SARostions ey of vacancies which have occurred e CRiTTA PaciE). Bk TNy s o e e Sy = during the year. 2 CRI&P6% pf (k) 12% 4% Int-Carriers Ltd 20e 7 6% " 4 Ik Hos pf 54% Wrigley (W ir) 133 . 4% 378 18% Int Cement (h25¢).. 20% 85 Real i P , Depositors in the Park Savings % 3 CRI&P7% Pt (k) 1% Reis (Robert). 2 2 —_—— DIRECTORY Bank are anxiously awaiting December 91 Chi Yellow Cab (1). ‘g;: 22:. }:: g;;::';:elic( s(ef)) lfi as Remington-Ra 23;: 1:“ §.‘1‘a & -;Dwnk- (60c) 211 COMMODT 3 Remington- ellow Truck...... 2 TY 17, when first payments will be made E 19% Chickasha C O (2).. 6 2% Remington-R 1st p 3% of a 20 per cent dividend which in- 3% ChildsCo...... 21" Int Nick Can (606).. ; 30" Rem Rand 24 pf. . | 475 28" Yellow Truck 5. @ BROKERS volves distribution of $600,000. Many 29% Chrysler Corp 11% . 2 Int Paper & Pw (A). s g:gm":;g:{ 8 : i 23...‘; | SpAW (1134) 19% bt organizations, which also had their 17% City Ice & Fuel (2). % Int Paper & Pw (C) .- y 3314 Republic Steel p 59% 84 Y'gst'n S&T pfAs%. & Jomber N Y. Cotton Exchan funds tied up in the defunct bank, 67 City Ice & F pf6%. ;"" {:: ;:ipnetrlfikpl'l'fig: > s 46 Revere Cop & Br pf. ————— “ Lalay 2368 are equally interested in the coming :’:g::;’ g:g:::c B = 15% Reynolds Metals(1) 4% 1% Zenith Radlo. . 21 i SR 23 City Stores (A). 7% Int Rys Cent Am pf 6% Reynolds Sp (40c). . 8% Zonite Products. ... 4% _Board of Trads Victor B. Deyber, president of the 5 24% Cluett-Peabody (1 gl 48 SLNTuCENICA0S) 39% Reynolds Tob B (3), 38 Int Shoe (2) B . Second National Bank and secretary | o Cola (177, 19 IntSilver. DU Hy An B1k pe o1 2 200 A. 12:00 Noo i of the Washington Clearing House *o% Cotpate--b (1756). 29% Royal D(h1.35 3-10) i n 40,000 Association, has recovered from an 10 Collins & Aikman. . g\y Int Tel & Tl;l. 2:00 P.M. 830,000 . 1 Interstate Dept Sirs Dividend rates as given in the above tabl the ann attack of grippe which kept him at his 3% Colo Fuel & Iron(k) e a; e annual home for about 10 days. 10% Colo Fuel & Ir pf (k) 4% Island Crk Coal (2). 38Y Safeway Stores (3). &l % | cash payments based on the latest terl; = ol 84% Safeway Strs pf (6) 10s declarations, quarterly or half-yearly Today’s Trading on Exchange. 13 Cole & Sou 1stpf... o 2 o Colo & Sou 2d pf. 981% Safeway Strs pf (7) 10s 113 a:g;rlluczmd-:am llth-,r.lxc Ine. On the Washington Stock Exchange % Col Gas & Elec 27% 154 St Joseph L (h30c).. 16 T s co i 4% 1% StLSanFran (k).. 4 ‘ e s, T m{,., amuisted || Westhcimer & Co. today a single share of Riggs National 52 ColG&EIpfA Bank common stock sold at 210%. + 21% Colum Pic vte(m1).. 38% 173 Schenley Distillers. 80 26 26 —1% ar. k Companies peported T thcaieibi Lanston Monotype was strong at 48, 58 Colum Carb (13.60). 30% 15 Schulte ReStrspf. 20s 17% 115 — % | S Doing, Teopsanised, 42, AR Kok it S R o e e e e IO SR, O RO and Capital Transit changed hands at 18% Comel Credit (2)... 13% Kayser(J)&Co h50c. 27. Potomac Power 512 per cent pre- 38 Comel Credit(A)(3) y 1% Kelly Spring Tire LAR MOVES LOWER | #3476 a fine ounce and an amount| TRADE FAILURES ared rogiatersd 111 = 233 Comel Cred pf (1%) > 2% Kelsey-Hayes (B).. boL OVES E valued at £600,000 ($2.971,500) was| oo oo s . The largest bond sale was in Wash- 91y Comchll_!rgf(:%; P fel:.nfiu;((:z%?).. IN LONDON DEALINGS | purchased. Y RK, mber 1 W— ington Railway & Electric 4s at 98%. 35% Comel Inv Tr(12% {en 13 .92).. pa——— Business failures United States 1 Solv (60¢c)... 16 Kennecott (h45¢)... 17 By the Associated Press. » PARIS, December 11 (#).—Three S‘hfi?‘wxfif:&?n&cg Dgfd x;éo “-?—' li% g:::vn: & South.. 3 10 Kimberly-Clark.... LONDON, December 11.— The | per cent rentes 11 francs; 41 per cent | Jumbered 232 during the week ended peared on the board at 11015, 21% Comwith & S pf (6). 3 4 2% 13% Kresge (SS) (1).... 18 204 United States dollar depreciated 3 | Fentes, 90.60. December 6, compared With 201 in the The New York Stock Exchange an- 22 Congoleum-N (t2) 114 101 Kresge (S S)pf(7).. a X Exchange on London, 75.14. The | preceding week and 303 in the same nounces that Curtis B, Dall, former 5% Consol Cigar 65% 36 Kress (SH)(f1)... 65% cent to the pound today, closing at| gollar was quoted at 15.16%. R e - i ticlaw (oF Proslbent Revsevelt itk i Congress Cig: 1 9% 33% 23% Kroger Gr&Bk 1.60 8% 4.95 9-16 to the pound, as compared to weel year, according to reports to s als No Commissions retired a3 & partner in the exchange 3% Gonset Bt ' 31w 22w Lambert Co 3) yesterday's close of ‘495 3-1s. The| GRAY GOODS PRICES FIRM. | o oooreet .00 Per Month Per $1000.00 firm of Fenner & Beane. 7 E t 4.95%. feway Stoces; Inc., affiliated with 10% Consol Film pf (j2). 14% 5 LaneBryant....... opening was a a: NEW YORK, December 11 ok COLUMBI m:' e“gm' oy Fontemn, s e 21% Consol Gas N Y (2). 5 éau 1’{ {e; l;ubt&glra(lgc). = The French franc closed at 75.18 to = M @) Schulte Retail Stores Corp.—D. A. Sanif 2 - or! ne; - CaSihe Eai b (X 1o el D "l Eonacl Launaries 5 2 Lehigh Valey Coal. the pound, a5 compared to yesterday's :.mm;: b::nm::lrl:olglu:.hw::: n D, speyng veit sk p €R’"A”€”’ , $1,75 on the r 2 com) on the common, § el Tl Consol Oil (h42¢). X 16% 5 Lehigh Val Coal pf. close of 75.12. = it While d | B nln’; nmmme?i ::01;3; bl!ll.MNG ‘Sm"l'm cent preferred and $1.50 on the 6 24 Consol R R Cuba pf. 3 214 9% Lehigh Valley R R. ? per e&'f preferred, all payable Janu- o 14 Consol Textil LN " ™ 78" 644 Lehman Corp (2.40) The price of bar gold Was un-|has been quiet for other constructions, | employes, effective as from Decem- ary 1. 6% Container Co! 28% 11% Lehn & Fink (13%).. changed at 140 shillings 42 pence ! prices generally held firm. ber 1, 1934. NA. 0353 PO Do +i4 41004+ re LEEEPE wrER NN 2 sEEes Ll 4+++01 10 57% 33 Jewel Tea (133)... . 66% 39 Johns-Manville.. 77 45 Jones&Laugh 7%pf Ehe waSanm 2. 11% Kans City South pf. 6 KaufmannDeptS40c IS rey A 4