Evening Star Newspaper, December 11, 1934, Page 15

FINANCIAL: TEND DOWNWARD Majority of Small Losses Recorded—U. S. Issues Are Irregular. BY BERNARD S. O'HARA, Associated Press Financial Writer. NEW YORK, December 11.—Prices followed a downward slant from the best levels of the forenoon and in the final hour the corporate bond list showed a majority of small declines. While United States Governments were mixed the Treasury issues hard- ened to show gains of 1-32d to 5-32ds | of a point. A lime further selling in low- prlced rails brought some fractional losses in the loans of Alleghany Corp., Chesa- peake & Ohio, Missouri Pacific and Frisco. Italian 7s rallied about a point to 391, and like gains were shown by Polish 7s and Japanese 7!:s. Th rest of the foreign list was mixed. DIVIDENDS " ANNOUNCED NEW YORK. December 11.—Dividends declared (compiled by the Standard Sta- tistics Corp.): Pe- Stk. of Pay- Rate. riod. record. able. Extra, Cons Min & Smelt of Canada Singer nm Weeden & Com . % DI Virginia R R West Pipe & Steel Increased, Briggs & Strat Corp..0c Pac_Finance Corp Cal ¢ | 29 Tintic Stand Mn Q Accumulated. Paper CLL81.00 118100 5 Weldo Stoe 1st pf 5 Riverside Silk M A’ % Stock, Reduced. Eureka Std Con Mng.lc Regular. Corno Mills Co. . 1 DOD POOD a Fidelity Tr Bali s First State Pawners of i Howe "Sound Industrial Cot M Joliet & Chicaso & King Rovaly Co of &2 Ludium Stecl Corp $6.5 S16212 Marmmurm Trust Y) ($20)..... Reg Co 6 Mis Riv P 6% pf Nat Sec Bank (Ch Newport, Electric’ Corp e Nobijtt” Soarks Tnd Novadel Agene Corp Onlo, Pu(hhc Service DOO £OD OOD O OO OO POO P P Co (S Stiver xln: Coalition 10¢ Sk Min singer Manufac. Eussex R R Telephone Inves United Pruit Unjon Twist Drill. g do, weeden & Westland 0:1 Roy'A 10¢ w il Wosdley Petroleum |uc FEDERAL LAND BANKS NEW YORK. Detember 11 ().—Federal Land Bank bonds. | Demark 5%s '55. J El Salvador 8s'48 ct. LIBERTY BONDS. igh. Low. 2.55. 3145 1932-47. .10319 10318 10318 1stev 41s 32- '47./10320 10318 10320 4th4 1933-38..103 22 103 21 10321 4th 41(%33-38 3d called.. 10130 10129 10130 TREASURY.- BONDS. 35 1946-48... 10017 10010 10016 3s 1951- 10015 1009 10015 3%s was 48! 10116 1018 10113 3%s819 .10412 1049 10412 au«mu 46. 10215 10211 102 15 335 1940-43 June 1049 1047 1049 35 1941-43 Mar.1049 1049 1049 3958 1943-47 10320 10320 103 20 106 15 10615 10615 1085 1081 1085 10214 10211 10214 .. 11219 11213 11218 FARM MORTGAGE BONDS. 351949, .. 9831 9829 9831 13181964 L1018 1014 1018 HOME OWNERS LOAN BONDS. . 96 9528 96 99 9828 99 1011 10031 1011 FOREIGN BONDS. Low. 33 Abmm Pa&Pw 58 '53. | Agr Bk Colum 6s '48 April couon... Akershus 5363 Antioquia 75 45 A.... Antioquia 7s '45 B. ... Antioquia Antwerp 5: Argentine 6%s63. Argentine 65 57 A. Argentine 6s'58 B. .. Argentine 6s ‘59 June Argentine 63 '59 Oct. Argentine 6s '60 May. Argentine 63 '60 Sept Argentine 6s ‘60 Oct, Argentine 6s 61 Febr Argzentine 6561 May. Australia 4345 56 Australia 5s ‘56 Australia §s ‘57 Austrian 7s ‘43 gtd... Austrian 7s '57. FEDERAL 334 5 Berlin 6s '58. ., Berlin Elec 6s Berlin Elec 63%s ‘51 Berlin El Ry 6138 '66. Berlin Elec 6135 ‘59 Bolivia 7s '58. Bolivia 7s°69. Bolivia 8347, o4 | Brazil 6158 '26-57 | Brazil 6%s "27-57 Brazil 7s '52 Brazil 85°41 | Brisbane 5s Erisbane 5. 684 | Brisbane 6s '50. Budapest 6s 27-62. .. | Buenos A C 6s '60 Oct Buenos A 6s'61 Pv... Buenos A 6s'61 st Pv. Buenos A61;5'61stPv. | Caldas 7358 46.... Canada 4s 80. Chile 65°60. | Chile 6s '61. | Chile 6s 61 Sept Chile 63 '63. Chile 7s 42, | Chile Mortg Bk 6s 81 Chile Mortg Bk 6s'62 | Chile Mtg Bk 612857 Chile Mtg Bk 6%s 61 | Chilean M L 78 ‘60 | Chin Govt Ry 5 Colombia 6s ‘61 Jan.. | Colombia 65 '61 Oct | Gol Mtg Bk 7s ‘4 Copenhagen 4%s '53. Copenhagen 6s 52 Cordoba 7s '42 Prv... Cost Rica 7s '51 A May couon.. Cordoba 7s °57 State.. | Cuba 5s 1904-"44 Cund’amarca 6% Czechoslovakia 8s 1 | Czechoslovakia 8s '52 Denmark 4¢%s '62.... 94 984 1017 34% 56% 91y | Denmark 6s 42...... 101% 34% 5615 ; Elec Pow Ger 6148 '50 Finland 51s ‘58 Finland 65 '45. . Finland 6%s '56 Finiand 7s 50 Finnish 6128’54 A, Finnish 612s'54 B.... 100% 104% 102 4 101% 100t 10014 100% 104% 102 101% 100t 100% (Quotations as of 2 o'clock.) Bid. Asked. 10132 1 i e. Maturity May & Nov 1941-31 J 160" 100 101 ! 1001s 1001g 100% U. 5. TREASURY NOTES, (Reported by Chas D. Barney & Co.) Rate—Maturity 214 Dec. 15 i . NEW YORK SUGAR. | NEW YORK. December 11 ().—An fr- yegular price movement prevailed in the sugar futures market today. with the spot month relatively firm on further covering. owing to the light avallable supplies for | dolivery. The later months were euler‘ under liquidation and hedge selling. De- cember contracts advanced from 1.0 to 1.93, or 2 points above the previous close. \ while May declined from 1.85 to 1 .83 and | September from 1.93 to 191 or 2 points P "tne previous close. - The market at pm was holding around these levels ccording o & report on one of the local news tickers as & result of the tight po- sition In the December delivery sugar in- terests are understood to have appealed to the Department of Agricuiture in an | effort to have modified the recent agree- ment with Ciban producers, limiting the | sales of raws to rennun only METAL MARKET NEW YORK. December 11 (#.—Copper | ; electrol¥tic, spot and future. Blue 900, Tin steady; spot Y. future. 51,10 Leady steady: uis, Fine dull u!s wotolnd future. w York. “East St 3.70. Aluminum, Antimony, spot. 14.00. —_— Oolorado & Southern Ry. deficit, 10 months ended October 31, was $759,- 182'vs. deficit $780,389. Market Averages By the Assoctated Press. b Dicens DN e i * | Ger C Bk A 6s5'60 Oct. | Hansa SS 6s" | Heldelberg 7%s 'S | French Gov 7s 49 | French Gov 7338 '41 18315 184 18314 184% Ger CBk Ag 6s'38.... 39'; 40 36 36l GerCBk Ag 7 48 48 Ger Prov & City B con Ag 6135 '58.. Ger Gen E1 65 48.... German Gov 5%s'65. | German Rep 7s 49 | Good HS & 17545 Graz8s '54... Great Br & Ir 5837 GrtCElJap 7e'44... 364 40 29 3913 381 1061 36% 40 29 39% 38% 1061 114 85% Haliti 6s ‘52, .. 84 32% 25 101% 381 38% Helsingfors 6145 '60. | Hungary 7T%s "44. | Hung Con M 734545, Italy 78 '51. . Ital Crd P W 75'37 Al Ital Crd P W 75 47 B. Ital PUCrd 7s 's2... 934 95 90 81 i Kreu&Toll 5s'59Acts. Leipzig 78 '47........ Met Water 5348 °60... Mex 45°10-45 asst 8. w Mexico 45 1910-45 asst large. Mexico 5s'45 Mexico 5s '45 Milan 6%8°52. . Minas Gers 65 '58. Minag Geraes 6138'59 Sept couoff..... Montecatini 7s ‘37 20% ~ 19% 19% 941 94% 98 98 55% 9T% 984 102 101% 84% 98 T4% 8% 9% 98 98 55% 97 98% 102 101% 84% 98 4% T8% 9% New So Wales 58 '57. New So Wale: 58. Nor Ger Lloyd Norway bs Norway 6%# 66 Norway 68 '43. Norway 6s "44. Norw Hy El5%s 5’ Norw Mun Bk 55 '70.. 102 102% 84% 98 4% 8% 9T 44 44 40% 40% 40% 167% 157% 157% 9% 9% Oriental Dev 6%s ‘68 Oriental Dev 6s°63. 08106855, 00cranens Panama 5s°63.. 44 Panama 5s'63 std nsd. Paris Orl Ry 5%4s 68. ‘6 Fnl.nd 8s 50 Gtr 7%s Rhinelbe Un 7s "46 Rhine W El P 6s '53 Rio Gr do Sul 6s°68.. Rio Gr do Sul 8s'46. 1321 132% 4 4 Royal Dutch Ruhr Chemical 6s Rumania 7s ‘59 Aug coupon off. ... Sao Paulo St 65 '68... Sao Paulo St 7s 40.., Sao Paulo St 7s '56 Sept couoft.,. Saxon Pb W 618 ‘51, Saxon Pb W 78 °46... Serbs 7s 62 unm c on. ° (1928 average equais 100.) (Copyright. 1934, Std. Statistics Co.) Siemens : He6%s'51. High. Tokio E1 Lt 6s'53.... 77% Un St1 Wk 6% Uruguay Uruguay Uruguay 8s Westphal E] P 6s°63. TA. 82% 394 33 33 Yokahama 2..00 8% DOMESTIC BONDS. Adams Exp 43°48. ... 86% 86% Alb Per W P 6s'48 62% Alleg Corp bs ‘44 1% Alleg Corp b3 '49 63% Alleg Corp 25 62% T1% 63% 25 256% 25 25 Alleg Val 45 ‘42 105% 105% 105% Allis Chalm s 100 99% 100 Am Chain 6s '38. 97% 97 9T% Am & For Pw 6s Ifl!o 65 55 55 Am Icecv bs’l TI% TI1% 1% Am1GChb% Am Intl 6%s’4 86 8 Am Roll M bs "38 108% 108% 108% Am Smelt & R 6347, 104% 104 104% Am Sug Ref 65°37... 103 103 103 Am T & T gold 4s '36. 1031 103% 103% . 107% 107% 107% . 109% 109% 109% 0.. 110% 110% 110% 5.. 110% 1105 110% 112% 111% 111% 98% 97% 9T 78 174 T8 23 23 9 102% 102% 102% Armoi Del 53%4s°43.. 103 102 102% Armstrg Cork 6s "40.. 103% 103% 103% AT&S Fegn ¢s'9 106 105% 106 AT&S Fead 4s'95st. 101% 1014 101% 09 55 100% 100 100% 106% 1064 106% AT&SFCAC‘AI . 1075 10715 107% Atlanta & Birm 4s'33 18 18 18 Atl Coast L 1st 45 62 100% 100 100 AtlCoast Lclt4s'52, 79% 179 79 AtICLun4%s'64... 8% . 87% 88 Atl & Dan 18t 43 48, 35% 35 35% Atl & Dan 2d 4548 30 30 AtIG & W | 63 °59. l5 45'% 45% Atl Refin deb 55'37... 107% 107% 107% Baldwin Loco 68 °40.. 1011 101% 101% Bal & Ohlo 1st 4843, 1017% 101% 101% B&O1st4s'48 eg.. 100 100 Bal & Ohio 4%s ‘60 543 Bal & Ohlo 1st 58 '48. 101\/. Bal& Oref55°95 A, Bal& Ohio 58 96 F. .. Bal & O ref 552000 D. Bal & Oref 6595 C. .. B&0 PLG&WYV 4541 Bal & O Swn 55’50 Bal & O Toledo Bang & Aroos 4: Bang&Aroos cv 4s' Bang & Aroos 58 °43. . Beech Crk 45’36 gtd.. 102Y% 48 B.. 113% Beth Stipm Bos & Me 4%s'61J Boston & Me 55 '56.., Boston & Me 58°67..., Bos& N Y A L 4s'55. Bkiyn Edis 53’49 A Bklyn Un Gas 5 Bklyn Un G 5s'5 Bklyn Un G rf 65 '47. Bklyn Union EI 6s '50 99'y Buff G E4%s'81B... 109% BR&PS5s'37... . 105 Bush Term cn §s°'55. 34 Bush T Bldg 5s ‘60 59 By-Prod Ck 5%s'45.. 784% 102 « 1141 56. 115% 57. 1131% | Can Nat Rys 414568, 107% »|Can Nat Rys 4%s°55. 117% Can Nat 5569 July . 117% Can Nat 5569 Oct... 119% Cap Nat Rys 5s°'70... 119% Can Nor 4155 '35 1g. .. 102% Can Nor deb 6%5'46.., 122’3 Can Nor deb 7s "40... 1084 Can Pac deb 45 per] Can Pac 4%s JCA Can Pac 4 Can Pac 5s 44 c!ts Can Pac 58 '54... Cent Br U Pac 4s'48. Cent Dis Tel 5s ‘4. Cent of Ga con 5s " (6 Cent of Ga 58 '59 C. Cent [I1 E& G 5s'51.. Cent N Eng 4s'61.... Cent Pac 15t rf 45 '49. Cent Pac 5s'60. .. Cent P Th Sh L. Cert'd deb 538 '48. Calif Pet db 53%s ‘3| Can Nat Rys 41;s " Can Nat Rys 4% C&Ogen4%s°92. C&041%438'93 A, ChiB& Q4%s'77. CB&Q Il div3l Chi & Alt ref 3s°49... Chi & E 11l 6s '51. . ChiGL&CH5s'3 Chi & E Ill con = Chi Grt West 4s'59., Chi Grt W 4559 stp.. Chi In & L gen 58 '66. CM&StP 4589 CM&StP gn 4% 589 C. CM&StP 4%s ‘89 E CMStP & P 537 CMStP&P adj 68 Chi & NW gn 3135 ‘87 Chi & NW 4%s 2037.. C & NW 4%s 2037 C.. Chi & NW 4%s'49..., Chi & NW gn 6s'87 Chi & NW rf 5s 2037. W Nr W 6%s°36. ChIU§ 6'&! *63C.. Chi & W 1 con 4s 52.. Chi & W 1 5%s 62. 1 Childs Co 58 l! . Choc O & G en u! Cin H& D 2d 4% Cin Un Ter 4%s 2020, Cin Un Term 68 '57 C. CCC&StL gen 4s°'93.. CCC&StL rf s '63 D.. Clev Un Ter ¢%s '77. Clev U Ter 62'73 B.... % Clev U Ter 6%s'72 A. 102% 102 Colon Oil 6s°38 . 42 41 Col Fuel & I 5 ll‘.. Col & Sorf 4%s '35 Col & So 4%8 . Col G&E db 55’52 ol G&E 68°62 May Col G & E 68’61 ColRPL1st4 Com Inv Tr 5158 49.. Con Coal Md rf 5s'5 Con Coal Md 55'50cts. ConGas N Y 4%s ‘51, ConGNY deb 5%s '46. Container Container 6s ‘4 Crown C & S 6: Crown Wil P Cuba R R 1st b Cuba RRref7 36! 103% 103% 109% 109% 12 112 94 94 80 80 90% 95% 102% 41% 65 93% 9815 981 105% 105' 4 101 101 30 30% 29'% 29% 3% 374 2% 24 1065 106% 93% 937 103% 103% 101% 101% 36 36 40 40 1% 1% Cuban Cane P 6s '50.. Cumb T & T 6s5'37... Del & Hud rf 4s 43... Del & Hud 5%s°'37... DenverG & E 5s ‘51 Den & R G cn 45°36 Den& RG 4%s'36... Den& R G W 6556 D& RG W 68’55 asst 10%+ 10% Det Edison 43s'61 D. 107% 107% 107! Det Edison rf 5s'49.. 10815 10814 1084 Ddge Brevdb 6s'40. 107 106% 106% Donner St ref 7s '42.. 101% 101% 101% Dul & Ir Rg 5837, DulSS& Atbs’37... Duqu Lt 1st 4%s .107 107 107 76 T5% 75 . 97T 96% % 7% 2% T1% 72 TI% 111 110% 111 ke 8 Gannett 63 °¢3.. .. 101 101 101 Gen Baking 5%s'40.. 104% 104% 104% Gen Cable 6%s 47. 8315 83l 83% Gen Pet 6340 103% 103% 108% 94% 93% 94! 88% 87% 8% 8% 20% 48% Erie Gen Riv Fed Lt & Trbs 42 st. 8 Gen Steel C5%8°49.. % | Goth Silk Hos 6s ‘36 86% ! Gulf, M &N 53°50. 3| Newb'ry (JJ) 6%s ‘40 - 107% 1074 1074 | 1, 41 41 41 108% 108% 108% P 1m 103 l%“ 2 10" 107 107 107 107% 107% 107% % 97 % 74 87 91y 5T% 57% 1 9 110%.110% 110% 89% 89 89 46 45% 45% 88% 88 88y 31 871 87 lgfl% 110% 110% Gould Coup 6s ‘40 Gr Tr'k of Can 6 Gr Tr'k of Can 7. GtNRref4%s's1 GtNR gen 4%#8'76 D. GtNRgen4%s'77E. GtNRy6%s’'52B... GtNRgen7s'36 A, 5 Gulf Sta Stl1 5%s"42.. Hoo Val 43599 Houston O1l 5% Hudson Coal 58 Hud & Man ref 5 Hud & Man inc 6s 'l'l. —_— 111 Bell Tel 6 111 Cent ref 48 Il Cent coll tr 4s 52, 111 Cent Boli tr 4s '53. Il Cent 4% 66 . 111 Cent ref 55 '55. 111 Cent 6%8 '36. 1CC St L NO 4%, ICCStLNOGs 11 Steel deb 4358 '40. Ind Un Ry 6s" Inland Stl 4% IntRT1st r! 63’6 fisv. 59'4 591 92 lOO'h 100'6 100% 70% 70% 70% 6% 5% T54% 107% 107% 107% 104% 104% 104% 103% 1027 1027 103t 103% 103% 83% 834 83y 64 871 0% 90% 99% Int GtNor ad 68'52A . Int Hydro El 6s'44... Int Pap ref 6s 5 Int Rys of C A 5: IntRofCA 6%3'47 IntT&T 418 52 Int T& Tov4%s " Int T & T 65 °65. lowa Cent 5s '38 ctf; —_— KanCFS&M4 KanCy P&L 4%s KanCy P&L 4%s'61, Kan C Sou 1st 3s '50 KCSourfinébs 107% 107% 111 110% 6% T6% 73 2% 99 99 Kelly Spr Tire 6542, Kendall 53848 ww, Kings Co Elev 4s'49, King CEI&P 65'97. Kresge Foun 6s'36. . Lack Stl 1st 55’50 A Laclede 58 '3 Laclede G 5%s . Laclede G 53560 D. LE& Wn 1st 55°37.. 1 Lake S&M So 3%8'97 Lautaro Nitr 6s '64.. Leh Val Har 55 °54. Leh Val 53°'74. . L V Pacon4s 2001-.. L V Pacon4%s 2003, L VR R con 58 2003 Ligg & Myr 6851 Ligg & Myr 7844 Loew's 65 41. Long Isl ref 4s Lorrillard 7s ‘44 La & Ark 58 Loulsv GE&E 5852 A. Lou & N 55 2003 B.., Lou & N 4132003 C. Lou & Nrf 53s 2003, L&N So Mon jt 4s'52. M'Cro'yS53;s'41 filed McKess & R 5148 50, Man Ry 4s 90. . Mead Co 65 '45.. Met Ed 1st rf 4% u Met Ed 1st rt 58 '53. Mich Cent 412579 Midvale St1&O 6s 36 Mil EI R &SL 5s '61.. Mil El R&L rf 6371, Mil Spa & NW 4547, M, StP&SSM cn 4s ‘38 Mo 111 5859, Mo Pac Mo Pac 5. Mo Pac 55’80 H. Mo Pac 58811 Mo Pac 5849 A. Mont Pow ref bs 4 Mor & Esx 3%s 2000, Mor & Esx ¢ 65 Mor & Esx 5855 . Murray Body 6334 8914 927y 100 96% . 102% 56. 106% 104% 1157 9419 574 5Tl 22 221 22y at Dairy 6% s National Steel 58 NET&T 1st5s’'52.. NewJP & L 4%8 60 NewOrPS5s'52A.. New Or P S 5s'55 B. . New Or T&M 5s '56 C. New Or T&M 51;5'54 Cref 4%52013.. Cret4%s2013n ref 5s 2013.... ent deb 68 '35. . ntcv 6s 44.... Mich C 3%s 98 &St L 4878, &StL 5128'T4 A, &St L 1st 65 '35 Conn 1st 4% s '63 Conn 5553 B. ... Edison 5s'51C.. Edison bs '4: Edisref 6%48°41, G El H&P 43'49. L&W 1st 48 73... NH&H 3%8°'56.. H&H 48 '65.... H&H 4%s 67. H&H cl trés’40 H&H cv 68 '48. & W gen 55. & W ref 48 '92. Rich G 6s°51.. Rys 414562 Steam 58 ‘56 . . S&W 1st rf 55'37 'S&W 2d 4%s 3T, ‘Tel gen 435 39, Piele] caaanfa m#oc -<><-<-<vmo«q-oqm-q"m«oq-<-<~»<-<»<><m<-<~< 13 22227722272 2222220222222 22227 Norf & W 1st 48°96.. N & W PC&C is '41. NorOT & L 6s'47 Nor Pac gen 35 2047 Nor Pac gen 4s'97 Nor Pac 4%s 2047, Nor Pac 55 2047 D Nor Pac 63 2047..... Nor Sts P 1st 55’41 A Ohio Pub Ser 7}%s ‘46 Ont Pw Niag 6s°43.. Ore RR&N 4s°46 Ore Sh Line 58 '46... Ore-W R R& N 4861 Otis Steel 6s'41..... PacG & E5s 42, Pac Mo 1st 4s ", Mo 2d 5s 38. Pac Tel 1st 58 '37. Pan Am P C 6s '40 cfs Parm B'way 51s51. Par B'way 5%s '51 ct Par F La 6s 47ctfs.. Par F La 6s '47 tiled. Par Pbx 5%s ‘50 ctfs. Par Pbx 5%s ‘50 filed Penn RR 4%s8'81 D.. Penn RR 44%s '8 Penn R Rcn 4%s 60. Penn R R gn ¢% Penn R R db 6*. 70, 1004 100 103% 103% 103% 109% 109% 109% 109% 109's 109! 105% 105% 105% . 118% 11314 113% 101% 101 101% 67% 66% 66% 106% 106% 106% 6114 99 983 113% 113% 113% 104% 104 104 93% 93% 93% 105 104% 104% 105% 1054 105% 110 110 110 105% 105% 105% 78 2% 78 103% 103% 103% 99% 98% 994 107% 107% 107% 99% 991 99% 110 110 110 6% 6% 6% 75 4%, 4% 78% T8% 8% 87 86 !6% 85% 85 1067 104% 100% '1l 8% 72 72 '49 b52% b51% b51% Penn R R cn 45’485 Peo G L & C ret b PeoGL&C6s'43 P & E inc Pere Marq 1st Phila El Co Phila& RC &I bi Phila& RC& 16 14 | Phillips Pet 6%48°39, 102 101% 101% Pillsbury FI M 43. 108% 108 108% PCCC&B(L 4%8'40 A, 1081 108% 108% PCCC&StL 4%8°77C. 104 103% 103% PCCC&StL 55 'T0°A.. 109% 109% 109% Pitts&WVa 4%4'89B. 64} 64} 64% High. Low. 2:85. Pitts&WVa 4%4s'60C, 656 63% 64% PCC&StL 4s'57 G . 105% IOW 105% 6 Sow sow ml Porto Rico A T . Postal Tel & C53°'63. 45% 44% Pub S El &G 4s'71... 105% 105 105 PubS El1& G 4348 °70. 108% 108% 108% Pure Oil 5%s « 100% 100% 100% Pure O1l 5348 '40. . 99% 99% 99% Purity Bak 5s 48 82% 82 82 —_— Reading 4%s'97 A... 105% 105 105% Reading 4%s '97 105% 105% 105% 98Y% 98 98Y Reading Jer C 4 51 Remin Ar: . 1014 101% 1014 Rem-Rd 5% ‘IAW'- 99% 99% 99% Rep 1 & St16s40..... 102% 102 102% 1064% 106% 106% 33% 33 33 32% 32% 32% 82 82 82 4 4 4« 107% 107% 107% 13 13 113% 113 113 951 947 | 831y 674 51% 13% 11% 10% 15 13% 41% 51% - 1067 . 113% 82% 100% 107% 40 40 40 Richfleld O 6s '44 ctfs RG W 1stex in4s'39.. Rio G ¥n col 48'49 A, RochG &E b6s'62 E... —_— RIA&L 1st 4%8°34, StJu Lead 6%s 41... StJ Ry L H&P 6 . St Law&Ad 1st 55 °96. StL IM&S R&G 45'33. 8t P U Dep ref bs San A & A P; San AnPb S 65’52 A. San(aFeP&PS! 2. 82% 100% Seabd A L 65'45 Acfs. Sea A-Fla 6s'35 Acfs. Sea A-Fla 6s'35 B cfs, Shuron S H 5%s '48.. Shell Pipe L 58 '52. Shell Un O11 58 °47, Silesian Am 7s'41... Sinc Con O 6%s ‘38 B Sinc Con O 7837 A.., 102% Skelly 011 5%s°39. SoBell T& T 5s'41.. So Col Pwr 6547 A Sou & Nor Ala 5s'63. So Pac col 4549, So Pac ref 4s '55. SoPac4%s So Pac 4%s SoPac4%s'81. So Pac Ore 4% SoPac S F Ter 4s So Ry gen 4s'56 A So Ry 58'94... So Ry gen 6s '56. So Ry 6%s '56. . So Ry St D div 4s'51., Southw Bell T 5s '54. Stand OIl N J 58 °46... Stand OII N Y 4%s'51 Studebaker 65 °42.... Syracuse Ltg 5s'51. 3% 3 79 103% 101% 52 10313 103% 102% 98 109% 8414 104% 6714 9013 64 6474 6315 6% 991 57% 994 4% 110% Tenn Cent 6s 47 Tenn EI Pwr 6s Tex Corp cv 5s 44. Tex & Pac 5s'71 B. Tex & Pac §s'79C. Tex & Pac 5s'80 D. Third Av ref 4560 Third A ad in ex 55’60 Tob Pr N J 6% 2022, Tol & Ohio gen 5s '35, Trumbull Stl 68 40 100% 99 UnEL&P5s'57.... Un O Cal 68 45 rc ww UnOCalés 42 A Un Pac 4s 68, Un Pac 1st 4s°47.... Un Pac Ist rf 4s 2008. Un Pac 4%5 ‘67 United Biscuit 6s United Drug 5s ‘53 Un Rwys StL 4s '34.. U S Rubber 5s 47 Univ Pipe & R 6s Utah L & T 5844 A, Utah P & L 55 '44 Utica G & E 5s '57 Ut P& L 68°59 ww. UUIP&L5%8'47... 1062, 1037 1164 100 108 10314 104 106% 8814 29 90% VaEl & P5l3s 44, Va Ry 4%s’62B. Va Ry 1st5s 62 A. 110% 106 109% Wabash 5580 D. Walworth 6s 45 A. Warn Bros cv 6s°39.. Warren Brcv 6s'41.. W PaPlst4s'6l.. W PaPlst5s'63E WnlEl deb 58 °44. West Un col tr 5538, West Un b8 '51. West Un 58'60.... West Un 628 °'36.. Wheel Stl 43%s'53. . Wheel St15%55'48 A. W Sp Stl 1st 7s '35 ct. W Sp Stl con 7s '35 ct. Wilks B&E Ist 5s'4 Wilson&Co 1st 65 '41. Wis C 1st gen 4s'49. . WisCS & D ter ¢s'36. Youngtn S&T 5s'T8A. Youngtn S&T 58'70B. 397 89y CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS. NEW\ YORK, December 11.—Fol- lowing is today’s summary of cor- poration news prepared by the Stand- ard Statistics Co., New York. Buckeye Pipe Line Co.—Pipe line deliveries in November totaled 2,854,- 084 barrels against 2,950,617 in No- vember, 1933; in 11 months total was 30,198,701 barrels vs. 32,902,478. Indiana Pipe Line Co. line deliveries in November totaled 1,274,- 167 barrels vs. 1,218,002; in 11 months was 13,177,096 vs. 14,634,550, National Transit Co.—Pipe line de- ' liveries in November was 1,258,398 barrels against 1,097,575 in November, 1933; in 11 months total swas 13,- 870,234 barrels vs. 11,857,651. Dominion Stores, Ltd.—Sales, four weeks ended December 1, were off 9.9 per cent; 48 weeks off 3.4 per cent. First National Stores, Inc.—Sales, 34 weeks ended November 24, were up 4.7 per cent. International Mercantile Marine Co. —Company is discontinuing trans- atlantic service of Red Star line. Republic Steel Corp.—F. H. Wood | 1, of counsel for Kuhn, Loeb & Co., bankers, said it was understood that meeting of stock holders of this com- pany, scheduled for December 17, to! vote on capital changes, merger with Corrigan, McKinney Steel Co. end acquisition of control of Truscon Steel Co., will be adjourned to a subse- quent date; Mr. Wood defended pro- posed issuance to bankers of 50,000 shares of Republic Steel common as compensation for their work in devel- oping the plan; payment of the stock bonus has been attacked in an in- Jjunction suit filed in Supreme Court, New York, by N. C. Norman, a Re- public stock holder. HUDSON WILL REDUCE PRICES ON 1935 CARS By the Associated Press. NEW YORK, December 11.—The Hudson Motor Car Co. announced to- day that prices on its 1935 cars will be from $15 to $35 lower than was paid for the same models last year. An entirely new six-cylinder car, priced between two of the company’s leading els, also was announced. 4 EGG QUOTATION Tobacco Growers Will Back Own DROP 1 TO2 CENTS| Gt Paciory Live Poultry Shows Steady ta Firm Trend on Capi- tal Market. Egg quotations were weak and mostly | ,, i to 2 cents lower on the Washington produce market today. DANVILLE, V: December 11.— Danville soon will have a cigarette manufacturing company. According to an announcement by Clyde Jones, president and manager of the Farm- 'ers’ Co-operative Tobacco Manufac- turers’ Association, machinery is be- ing installed in a factory building leased here and operation will begin in about 10 days. The undertaking is purely co-opera- ve, according to Mr. Jones, with the used in the manufacture of Live poultry | cigarettes being supplied by farmer was steady to firm at unchanged levels, memhen of the association direct. ‘The summary with egg, live poultry, fruit and vegetable prices furnished by thé Department of Agriculture follows: BU fllfl—one-bflund prints pound 08 'lfll-l . ot o leaf will be bought on the open rht He sald 156,000 pounds of tobacco already is on h.nd supplied by lrower members from five countles in this prints (90 | section of Virginia and North Caro- );, 1-pound prints | Jina, 12a14; lamb, Jham GAMI— o 3. S nlnbblu per donn: 1.3082.40. 6.00} 00 3as.50; caives. EGGS—Market weak lnd mostly 1 to 2 lower. Current receints, 27a28: hennery 20; e dards. “jarge. 31 d dated brown ess LIVE POULTRY—Market steady to arm at unchanged prices. Young iurk firm_d al_prevailing prices. 11a15; mediums 0: “roosters, "7ay ik 4 14a15: Leghorns. ~Plymouth . Rocks. i foms, 13 pounds -nddover. 19a2( Joung gunds and " over, 19a30: toms, 15 old hens. Lol 13a1: hickens: 15 mixed Sales in large lots,by original receivers to 8 am. today. APPLES —Iwo Washington arrived; one broken and two unbroken cars on irack Busheis: ~ Supplies moderate; demand moderate; market steady. Virginia, Stay- mans, U. . No. 1, 2Ye-inco minimum, 0al.15 nch ‘minimum. 13581 50! 1.3 e Delicious Black Tuiss, mum. H9al.00: 50; fair condit mum. 1.50a1.60 inch ‘minimum, 1.10al Jonathans, = mum, ioaKa 2= mch ‘minimum, 1.uva 1.15; Bonums, S. No. i. :z-inch mini- mum. 60ato -inch MIBIMUm. joaio: Y-inen minimum. 10081 lo. Common storage stock: Bupplies moderate; o orainary condi.ion. Various varieLies ranging oval boxes. medium to large nington. Le . exira fa Staym Romes, jancs, ? Winesaps. extra fancy. i oal nh. ABBAGE—No cariol arrvals; two bro- ken and lour unoroken Federal reiiel: ‘Iwo broker broken cars on track and five ‘Subplies moderate; emand lght: South ype. 75. LERY—One California arrived; one broken and seven unbroken cars on track. Supplies moderate; demand moderate; markei steaay. Calijornia, %2 crates, washed. 3-o aczen, :.25az.50. LETTUCE—1Iwo Calilornia arrived: five broken ana six_unbroken cars on track, we: stock: Supplies moderate; demand Moderate, marker . steaay. Caliorai Western crates. lceberg type 4-5 dozen. $.50a3.75. 1ew higher. Southern stock Supplies very light, demana ignt; market steady. Fiorida. 1'z-bushei nampers, Big soston type. i ONIONS — No carlot arrivals; two broken and three unoroken cars on track. Suppiies moderate; gemana modera, market steaay. New Yorx and Onio, . yeliows. U. 5. No. 1, 115 1daho, 50-pound U. 8. No. 1, & inches 1ary 1.3 PEAS—No cariot arrivals; one unbroken car on track, Supples ligni; aemand light: market steacy.” California. hampers. Teiepnones. 3.50a: South- ern stock: No SuPBlies on the mArket. Potato Prices Ste: POTATOES—One Mai ived: two broken ana. five unbroken cars o (rACK, Suppiles moderaie: _demana moderave: marxe. sieaay. ~New sacks, rouna whites, U. S. Maine, "J00-pound sacks.. Covbiérs, No. 1 3.05a1.15. " Idano. 1U-pound Russet Buroanks, U. 5. No. New stock: Supplies very ligat: a Linitea: market steady. ~ Fioriaa. pasbel hampers, Buss Triwmpns. U. . No. 4 truck receipts. . SWEEL PO’ Oe No carlot arriv- als; two broken cars on iracs. Supplies lignt; demana iight: market sieady. aoria Carolina, bushel baskets, Puerto Ricans. tair_condition. /5a MATOLS—One Florida_arrived: one unbroken CAr on (rack. Supplies ligni: |demand Lgnt: marxei aoout steaay. | Fiorida, Iug poxes. ana ta al 'SEINKCHNo. catlot arrivals: no cars on_ track. Truck receipts lignt; supplies demand moderate; market Sightly | stronger. Virginia. busnel baskets. 1.0Ua fair condition, 7 .D \EGETABLEB—NO cariot ar- two broken cars on track. A BEANS—Supplies lum demand Bushel hampers: 2., N BEAN ne Florida arrived; one unoroken car on track. Supplies | light: demana moderate: market sightiy sironger. Florida. bushel h:mpers, green, fiat type, ireighi and express Latia 00, poor condition. 1.4 OKRA—Supplies very demand limiiea ries steady. Fiorida. " ousnel hampe: GGl “—Supplies lisht; demand light; market steady. Floriaa. 1'a-bushel crates. 1.50a3.00. SQUASH—Supplies light; demand mod- erate; market steady. 1'z-bushel applics light: demand lorids. bushel b U. 8. No. cratés, green. ! fancy. CU macket dull. Amkmxs—awpun yers, light: demand imited: mareer steady. pony refrigerators. 30 nt. E—No supp! xu on the market. Coll Supplies Light, COLLARDS—Supplies ligh: Jieht market slightly stronger bushel baskets. 50a65: few higl LE—Supplies light: parket slihtly stronger bagkete, 00adS: few hisher. | REENS-Practically no sup- D]Y ofl the fl(l)ll’lel WER—No _carlot thres bisken and tro unbroken track. * Supplies moderate: demand Ight: market steady. Crates: Qieson. 1.50; v hlgler Cllflor a. 1.40a1 I l broken cag o0 track: f"é‘u cht: de- mand light;” market steady. California. TCAR California_arrived: two . broken and one unbroken cars on frack Western lettuce ~ crates, bushel bakets, topped, New York 60, Penngyivania, 75" O O exas. 15 ¢ PARUNIPS Pennsyivania. . bushel” bas- kets, 15 IPS—North Carolina. 2 per bunch. ORANCEB—TI'O Plnrldl arrived: three broken and four unbr cars on track. z according to ._bushel ham- Clleomll. s to size. nondn arrived, one broken and four unbroken ears on track. Florida. boxes, 1.50a2.00, accord- ing to srade and size. RINES_—Flotida. poncs O Ran hlmmrs demand Virginia, arrivals: rrivals: | one bushel bushel 25.00, 32-quart crates, boxes. l flOl] '”5. pound: Schls oTer vacieties ivals. one broken !flel . 1.25a1. 36 i acked loully. 1'55’ P le:orflinl to r:"m = KUMQUA o R A} 3 08¢R D08 Porid lorida. PECANS—Georgla. per 3a25: Stuarts, 18820 12%a16 FEARS—No carlot one_unbroken Yoll hulhel bllke'-l TU. S. TREASURY POSITION. By the Associated Press. The, position of the Tre oy e Treagury on Deeem» ;figgtfifieflh 68; m: Jear (since July 1), SLM’!»!BD.]M 90; expenditures, 104, - ?0.90 .77 (Including $1, Moz: 3!5(“ Denditures, 81 5153%7 T 88,163,315, u7' W ey ceip 8, 1933 (com Yor Decem! unble flnu last n-r). $17.304.635: expenditures, 311 011.767.38; net balance. T tfi-%ofiom.’n 404,458 f penditurcs. {50#701 078.580.63 W ot {including 828,627,100.7 emérgen 0 'nditures, expenditures): excess fifl! 247,140.63; gold llleu. ,201.126,- FREIGHT LOADINGS. YORK. December 11 (P Revenue helcht loadings on railroads reportin g l'd’fl" the week ended December in- clude ‘Wk. ended Puv. Dec. 8. eek. &‘: h“lnrfilv . 20463 17 7!7 Pac... 23.009 Dushei | receipts, The co-operative association started in a small way with a view to ulti- mately going into the manufacturing business with the idea of netting the farmers larger returns with the elim- ination o{ middle men. YEAREND SELLING 10 BE RESTRICTED Changes Made in Revenue Act by Last Session of Congress Cited. By the Associated Press. NEW YORK, December 11.—The usual year-end selling of securites to | register losses for tax purposes is ex- | " | pected to be greatly restricted this year because of changes made in the revenue act at the last session of Con- gress. As the act now stands, &n excess of capital losses over capital gains is de- ductible from ordinary income only to the extent of $2,000, and stocks and bonds are subject to the same rules as soou | other capital assets. Other changes made in the act provided that property need not be held for more than two years in order to constitute a capital asset and an excess of capital gains over capital losses is taxable at the regular rates without limitation. In the case of individuals, the per- centage of gain or loss which is recog- nized depends upon the length of time the property was held prior to sale, capital asset has been_ held for less per cent if held for more than 10 years. In the case of corporations, however, actual gains are matched against actual losses, regardless of the length of time the proprety was held. Since it is no longer possible to carry over losses from one year to apply against a succeeding year's in- come, there is no purpose in register- ing for tax purposes a net capital loss for the current year in excess of $2,000, and on this basis the selling which normally creates considerable market irregularity in the final weeks of the year is expected to be of con- siderably smaller proportions this year than in the past. Another provision of the tax laws having a potential bearing on price movements in stocks near the close of the year is that levying a heavy tax lon undistributed net income of cor- porations adjudged to be unreasonable in amount. While not new, having been contained in revenue legislation for many years to prevent evasion of personal income through use of the personal holding company, the recent disbursement of a number of extra dividends has served to bring about extensive discussion of this phase of the revenue law and its probable effect on directors’ action in forthcoming dividend meetings. PRODUCE EXCHANGE NEW Exchange stock (Noon nuomvon;.‘\ High. | Sales in hundreds. ARar Con Mz B G Sandwich Brew & Dist vtc 5 Kildun Mng 20 Oldetym 1 Penn Yol’k 0 &GA* 3 Pete Conv* 4 Texas Gulf Prod 1 willys Overl...... *Listed No bonds. FOREIGN MARKETS. By the Associated Press. LONDON.—A quiet. but more_cheerful trend prevailed on the Stock Exchange today owing to the easing of tension in resard to the continental political situa- tion. German bonds and gold mining shares improved. while gilt-edged securi- ties. “industrials ‘and trans-Atlantic issues hardened. Other sections were uncertain. The market closed firmer. PARIS—Favorable action taken Geneva in regard to the Hungarian-Yugo- glav auarrel caused prices on the Bour to c mb l& The closing was firm. neral weakness ma 1ni on-the Boerse ‘listiess today: tions closed lower. NEW YORK PRODUCE. NEW YORK, December 11 (#.—Eggs. 17,228; wi ‘mixed colors, special packs or selections from fresh receipts. 25a30; sur‘n.dnds nd commercial standa: 27% 1912 eady to BY freight: ‘other freighi grades un- $1.208.831.. | ed. utter, 14.248; steadv: creamery. firsts un-m scores), 27%al0%: other grades nchanged. s > 74,3 quiet and unchanged. Cheese, KROGER SALES LARGER. NEW YORK, December 11 (#). Kroger Grocery & Baking Co. sales for the four weeks ended December 2 were $17,066,616, against $16,268,311 in the like period last year, an in- crease of 4.9 per cent. NEW YORK BAR SILVER. NEW YORK, December 11 (#).— Bar silver steady, s higher at 547 than a year, graduating down to 30 | YORK. December 11 (.—Produce is | WHOLES SAGS MODERATELY Fertilizer Association Finds Decline of Three Points to 75.5 Level. ‘Wholesale commodity prices declined moderately during the latest week, according to the index of the National Fertilizer Association. When com- puted for the week ended December 10 this index fell off 3 points, declining from 75.8 to 75.5. The index advanced 1 point during the preceding week. A month ago the index stood at 75.1 and a year ago at 68.8. The record low point reached by the index was 55.8, recorded in March, 1933. (The ll.tolore)e-ym average, 1026-1928, equals ‘The trend of prices was mixed dur- ing the latest week, with three of the groups in the index declining and four advancing. In the preceding week only one group declined and four ad- vanced. The declining groups for the latest week were foods, fuel (includ- ing petroleum and its preducts) and textiles. The advancing groups were grains, feeds and live stock, metals, fats and oils, and fertilizer materials. The two most heavily weighted groups, foods and fuel, showed marked de- clines. During the latest week the prices for 19 individual commodities declined, while the prices for 33 advanced. In the week preceding there were 8 de- clines and 30 advances; two weeks ago there were 21 declines and 28 ad- vances. Fourteen commodities in the grains, feeds and live stock group ad- vanced during the latest week, while only one, choice cattle, declined. Cot- | ton, eggs, pork, potatoes, rubber and | gasoline ‘declined during the week. Silk, butter, vegetable oils, flour, steel and kerosene advanced in price, S e S NEW YORK BANK $TOCKS EW YORK. December 11 (#).—New ank Seunly Dealers’ Association (Quotations s of 2 o'clock.) Bid. Asked Bank of Manh (2) Bankers Tr (3) Commercial _(R) Cont Bk & Tr l‘flm 3 Pifth Ave (34a} First Boston Corp First Natl (160) a) Manufacturer's Tr a Nan a6, beginning with 100 per cent if the |N ¥ Start that account 5% siie Home Loan & Savings Ass'n. 1505 K St. N.W. pUnder, Supervision . S. Treasury Dept. First M-nnu Loans on_ Property D. C.. Nearby M d Va. BRIEFS Competent Rush Service] NAt'1 3065 EYNON Printing Cc. B “Where Savings Are Safe” Columbia Building Association 716 11th St. N.W. NAt. 6543 Ample funds available to refi- nance existing trusts or modern- ize the home. ' REAL ESTATE LOANS MADE ON HOMES '0CCU- 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 PROPERTY MANAGEMENT LET our Property Manage. ment Department relieve you of all worry with the details of management of your apart. ment house properties. The fee is very nominal, for services that you'll find very efficient. B. F. SAUL CO. REAL ESTATE 925 15th St. N.W. Natl. 2100 MORTGAGE LOANS