Evening Star Newspaper, December 16, 1934, Page 79

FINANCIAL, CHANGES SMALL Butter and Egg Markets Watching ON BOND MARKET| U- S Relief Plans Prime Corporates Steady to Firm—Some Junior Loans Erratic. BY VICTOR EUBANK, Associated Press Financial Writer, NEW YORK, December 15.—The bond market jogged through today's where in particular. Prime investment issues maintained @ steady to firm tone, despite the fact that banks and private subscribers had to pay some $1,000,000,000 into the Treasury for the new Govern- ment bonds and notes. Secondary loans, as in recent deal- ings, were somewhat erratic, but, ex- cept in scattered instances, no great pressure was noticeable in these de- partments. A few utilities improved and the industrial composite edged up to another new top for the year. Losses and gains in the rail division were rather evenly divided. Transfers amounted to about the same as last Saturday. They totaled $5,869,000, par value, and the Stand- ard Statistics Co. average for 60 do- mestic corporate bonds was unchanged at 86. On the week this average was off one-tenth of a point. The indus- trial average showed a net gain of four-tenths of a point, that for the Tails was off six-tenths and the utili- ties eased one-tenth. Among the few gainers today of 1 to 2 or more points were Tennessee Copper 6s at 86, Alleghany Corp 6s at 63, Central Illinois Electric & Gas bs at 68, Erie convertible 4s at 77, General Cable 6%:s at 873%, Interna- tional Great Northern first 6s at 31, Keith Corp. 6s at 67, Morris & Essex 41525 at 93 and New Jersey Power 415 at 93. At the same time Warren Bros. 65 gdropped 3}, points to a new 1934 low ‘at 30. Other losers of a point or so included New Haven 3lis at 35Y, Mead Corp. 6s at 7812 and Denver & Rio Grande 5s at 20. United States Government securi- ties were dull and slightly mixed. The new 3%s of 1949-52 appeared on the list for the first time. They were rela- tively active between 101.5 and the closing price of 101.7, In the foreign group advances of fractions to more than a point were recorded by obligations of Argentina, Carlsbad, North German Lloyd, Nor- way, Prague and Rumania. o NEW YORK PRODUCE. NEW YORK. December 15 ().—Butter. o 31%: extra (92 Vi other grades unchansed o o0 eese, 134.109; firm. thBrRedd " f Sroat ressed poultry firm: fresh turkeys. 19 83i: other fresh and frozen unchanged. Creamery. Prices un- poultry weak, By freight; all grades unquoted. By the Associated Press. CHICAGO, December 15.—The fu- ture course of Government relief ac- tivities in butter and eggs is now the principal factor in shaping sentiment in_the Chicago produce market. Butter and egg prices are sharply higher than a year ago, but the spot and futures markets for the time be- ing are drifting. In butter the key- note is a policy of watchful waiting, with all eyes on Uncle Sam. Gov- ernment buying for relief so far this year has been much smaller than last year, but what the trade wants to know is whether future Government Rumors have been flitting about the merchantile exchange that the Gov- ernment might also buy eggs for re- lief, but no hints have come from ‘Washington. Last year 400,000 cases were purchased for this purpose. The Government bought 60,000,000 pounds of butter last year from Sep- tember 1 to February 1, and so far this year only 16,000,000 pounds have been taken by the relief corporation from bidders for contracts. The most recent Government contracts calling for delivery of 10,000,000 pounds are believed to have terminated, Movement of butter has been good, but what has been bothering trade is how much of the movement shown in statistical reports is due to Gov- ernment activity. Consumption trend in the face of high prices is a per- plexing point. Storage holdings are larger than normal, if 1933 is not counted. On December 1, holdings of 81,023,000 pounds for the country as a whole were larger than on the same date in six of the last 11 years. The figure, however, was somewhat less than had been expected. CORPORATION EARNINGS. NEW YORK, December 15 (p.—; ;l‘al:’r:‘ Saraines’ 9f corporations Teporting brevious year included: o Son* With the Year ended Nov. 30; . 1933 Detroit Edison Co. - 5 $5.06 Ten months ended Nov. i’ Montgomery Ward *5.26 Oct. 4 . E. Myers & Bro, Co..... gineers Public Service,. 12. Hercules Motors . s Year ended Aug. '3i: etro-Goldwyn Pictures. . .131.26 1Combinats mbination pri P 3Not .Vlillhle,p o £First preferred. 1Preferred. M FOREIGN EXCHANGES. NEW YORK, December 15 (#).—Foreign exchange firm: Great Britain in_dollars, others in cents: Great Britain: 4.05; cables, 4.95: 60 Prance, Italy. demand. Austria. 18.82n: Hung a, 1.01: Argentina, : Tokio. 2892, Shanhal, 35 . 42.90: Mexico City (silver peso .R5: Montreal in New York, 101.00%: New York in Montreal. 98.90%. n—Nominal. District Business Barometers Leading business barometers in Washington 'in November all showed substantial gains over the corresponding month in 1933, according to reports compiled by The Star yesterday. Check transactions totaling $63,329,938 were $8,609,379 higher than in November last year, although slightly lower than in October of this year, perhaps because of the new service charges which has reduced the number of bank checks drawn. Telephone service in the District scored further ‘gains, there being 1,338 more phones in service at the end of the month than in November a year ago. The number of telephone calls also revealed marked improvement. The sales index of department store trade told the same story. The index was much higher than a year ago, and with the exception of October, ‘was the highest it has been this year. Another barometer, postal receipts, added to the evidence of steady business expansion. City Post Office receipts were far ahead of November, 1933, and above October, 1934. Complete figures, presenting from four to six year comparisons, are as follows: CHECK TRANSACTIONS WASHINGTON CLEARING HOUSE. 1931, $109,764,614 96,742,175 112,443,159 113,382,805 102,346,949 115,114,393 100,887,167 89,484,710 93.291,469 106,592,111 91,546,846 101,680,373 September . October . November . December . Totals ...eeeee $1,233,276,777 $92,855,736 $956,807,110 1932, 1933. $72,567,289 61,012,252 32,644,947 38,960,517 40,453,198 56,487,657 51,328,169 45,405,937 49,971,241 57,625,740 54,720,559 57,282,201 1934. $55,737,207 49,091,924 62,204,874 61,297,334 61,662,074 66,669,995 63,082,328 59,433,291 58,351,954 67,484,711 63,329,938 80,807,544 89,616,463 89,654,233 80,493,495 85,449,660 6,646,111 68,830,619 69,894,030 17,358,330 69,033,153 76,167,741 $618,409.707 TELEPHONE SERVICE IN DISTRICT, CHESAPEAKE & POTOMAC TELEPHONE CO. Number of Telephones in Service. 1931, 169,348 170,088 170,929 171,814 172,474 172,487 172,762 173,277 174,785 176,650 177,853 December . 179,266 1932. 180,217 181,062 181,670 182,324 182,306 180,825 179,080 177,850 177,949 178,506 178,843 179,288 1933, 178,738 178,264 178,009 177,450 176,034 174,023 172,827 172,675 173,713 175,605 177,063 178,761 1934, 179,882 180,610 181,324 182,519 182,968 182,723 182,592 183,318 184,956 186,432 187,770 Average Originating Calls Per Day. 1931, 677,482 673,940 650,893 702,235 708,682 675,214 633,600 575,300 624,020 682,554 697,390 724,470 Month. January .. February March December . 1932. 707,462 730,512 712,937 744,918 743,318 721,666 629,702 600,644 655,600 699,574 700,490 712,367 1933, 691,437 108,212 617,953 687,233 716,140 708,154 618,164 602,856 1934, 708,810 747,238 748,339 752,283 161,923 758,615 736,596 *Seasonal decrease due to vacation period. SALES INDEX OF DEPARTMENT STORES DISTRICT OF COLUMBIA. Average Monthly Sales 1923=100. 1923, 72.9 94 73.8 99 102.7 107 127 129 17 84 844 106+ 159 136 233 1930. 1931. 1932, 1933, 95+ 190+ 657 97 87.0 685 104.0 765 102.0 933 106.4 972 1026 92.6 62.7 66.7 747 94.6 923 1185 104.4 171.6 POSTAL RECEIPTS Reported by Fiscal Years. 1931-32. $399,565.42 365,060.24 451,257.27 528,922.39 442,274.18 689,555.99 437,778.77 404,067.79 456,954.50 1932-33, $461,619 442,856 . 496,509 730,816 459,256 487,307 759,261 454,748 1933-34. $372,818 . 104% 86% California Pack §s ‘40 4 THE SUNDAY STAR, WASHINGTON, D. C, DECEMBER 16, 1934—PART FIVE, FOR WEEK ENDING SATURDAY, DECEMBER 15, 1934. U. 8. GOVERNMENT BONDS. — 1034 — High Ret 9825 993 +.5 Federal Farm Mtge 1017 9427 Loan 3s°49. .o 994 1022¢ 98 tge 20101181014 10116 +.6 Ho 967 9228 Loan2%s'4.... 986 9525 964 +.8 Loan 9828 994 +.8 Hom Loan 10128 9426 Corp4s’Sl......1014 10080 101 =2 LIBERTY BONDS. .103 22 10317 10321 10320 10817 10817 3% 8 33-35..103 24 10821 10322 +.1 1021610129 L 4% s33-38cld... 101 30 10129 10129 10211 10214 103 19 10519 104 10 105 26 105 20 qaagqaaaqqaag RNRRERRRBRR0 10018 +.6 10014 +.3 1% 81947-63...11220 11213 4 s-3% s ¢3-46102 26 10210 10220 +.8 MISCELLANEOUS BONDS. —1034— gh. Low. 18% Abitibi P& P 107 99% Am Sm & Ref 10735 102% Am Sugar Ref 113 106% Am Tel & 110% 105% Am 111% 108% Am 111% 103% Am & 113 105% Am Tel & Tel 95 Am Wat Wks 18 AmWrit Pap 81 Antioquia 7s 53 Argentine 531% Argentine 87% Armour & Co 4%s 39, 82 Armour of Del % 92 74 AtlanticCL 4%8'64.... 108 103% Atlantic Ref del Tea 95% 88 Australia 43 88% Australia 5s 56 102% 50 Austrian 88% 88% B& O 1st 102 oo BE% 107% 95 Belgium 6% 99 Belgium 78 % 95% Belgium Ts . 114% 106 Bell Tel (Pa) 65 B'48 117% 106 Bell Tel (Pa) s C'60 27% Berlin City El 64s 25% Berlin City E16%s 22 Berlin mun ex 6%s ‘60, 99 Beth Steel p m b8 ‘36.... 1034 997 Beth Steel rf 68 . 108 5% Bolivia 7s°69. 6 64 Bolivia 8347 64% Boston & Maine b: 20% Brazil 6% s 1926-57 22% Brazil 8s'41. 29 Bremen Sta 46% 31% Budapest Lo 42 72 30% Buenos Al 61, 72 104% 92 Canada 4s’'60 o T04%’ 113 103% Canada 5= ‘53. eee 118 106% 98% Canada Natl 438 64,40 106% 115% 100 Canada Natl 4%s oee 115% 114 98% Canada Natl 4348°'67... 114 109% 99% Canada Natl 4%s'68. .., 108% 118% 105 Canada Natl 68’69 July. 118% 120 104% Canada Natl s ‘69 Oct.. 120 1223 108% Canada Nor db 63846, 122 109% 105 Canada Nor b 7s'40... 108% 851 61 Canadian Pacificdebds, 85i 97 71% Canadian Pac 4%s ‘60 961 77% Canadian Pacific 58 *64.. 102% 45% Cent 111 E1 & Gas 63’61, 69% 75% Cent Pacif 1st rf - 98% 63% Central Pacific 6860 524 Curuln-toodcdob [ 96 Chesapeake Corp 98% Ches & Ohio gn 4%8'93, {3_8’:: Ches & Ohio 43%s B 95, . 107 oo 9. 111% 88% Ches & Ohlo 438 A 107 112% 105% Ches & Ohio con § 107 97 T4 B'77..00 105% }gg\: 71 » 110% 25% ¢ 9 57 o 32 5615 23% 23% 5% Chi M St P & Padj 3 60% 26 Chi&N W 4%82037.... 61 4%8C32037. 531 - 98 31% 32% légt,: 100% Chi Un Sta 4%s 115% 111% Chi Un Sta 63%s°63. 3 72% Chi& W Ind cn 48’63, 924 84% Chi& W Ind 6%8'63.00e 14}:&‘: 0. 56+ Chil pper 8t Chile Mtg Bk 6861 17% 9% Chile Mtg Bk 112% 104% Cin Ut Trm 82 64 CCC&StL4%sSE 89 114 101 Comcl invest 63 27 12 ConCoal (MA) rt 103% 90% ConsGasN ¥ 4 106 97% ConsGasN Y 108% 101% Cons Gs NY db 5%, 95 63 19% Cuba North 3 1% Cuban Cane Prod 6 99 102 ot i+ 95 28 10% 87y 92% 101 107% 98% 100% 100% 101% 1024 85 88% 101% 101% 54 55 106% 106% 69% Tin - 2258 278 wexk $¥5ss gxse +44 444+ $444 108% 107% 5% 69% 104 104% 112% 104 118% 112% 106% 117% 118% 121% 107% 841 953 101% 67 96% “eFes - +++++ 144+ 0+ 40 FEERT FEEFPFE FEPFFEF S22 - 112% 106 106% 110% 104% 101% 8 l*#{»f:*l*“@l‘ LML IS 1 94y % 4% 92% 98% 99 101% 102 87% 8 35 11% 11% 11% 20 20 108 98% Dodgec ‘o 108% 101% Duquesne 1st 4%8°67. .. 7% East Cuba Sug 1%8°37. 79% Erie con 489 4 Eri 72 101% 101% 1 11 9! 189 160 French 7s"s 184 1881 1541 French 7%8'¢1.ceeeeem 185 46% Gelsenkirchen 68°34.... 69% 59 GeneralCable %8s ¢7ee 87% 681 Gen Steel Cast 538 3% Gen Theater £q 68°40.. Bank Great North ¢%s D Great Nor gen 7s ‘36, 108% 108% 108% 0% 1% 182 84 90U 90% — % 42% 48 -3 31% 86% 37 88% 86% 86% ~1% 110% 110 110 1934 ==y Bigh. Low, 01% — % 78% Japan 5% 843 Japan 6% 623% Kan City South 38°60..3 62% 0. T4% Kendall 6% 97 Lack Stl 1stbs 9% 50 Laclede 5%s D" 5% Lautaro Nitrate Loews 6s'41, . 99% Lorillard (P) 68°61....s 113 127% 112% Lorillard 7s °44. o 127 68% 50% Louisiana & Ark 63°63.. 67 108% 88 Louisville GAE s A '63. 108% 105 94% Lauis & Nash uni 95 61% 91k 75% Mo Kan & Tex 1st 32% Mo Kan & Txad) 70 MoKan&TexbsA'63.. 8% Mo Pacific gen 4876, ... 23 Mo Pacific rf 5sA 20 79% Montana Power 68 43.., 521 Nassau El en gtd ¢s'51. 108 178% Nat Dairy Prod 538 48, 116 105% New Eng Tel 1st 68°63.. 94% 69% New .er P&L 4 %86 99% 85 New Sou Wales 6s 'S 99% 85% New Sou Waies s ‘68 75 52% N Y Cent ref 4348 201 76 52% N Y Centrf 4%s 2013 82 584 VY Centrfbs 2013 88 North Pacific 4897, ., 78 North Pac %8 2047 175% North Pac 58 D 2047, 85% North Pacific 6s 204 105% 107% 100 101% T5% 63 70 28 Otis Steel 1sf 107% 100% Pacific Gas & El 108% 104% Pacific T & T 1st b8 '37.. 107% 111% 1064 Pacific T & T ref bs 106% 91% Penna 68 110% 97% Penna gen 68 '68 1071 103% Penna 6%, 9% 14% 4% 17% 9274 106 B85% 102% 9 133% 90 B7% 63 57% 5814 % come 29 106% 93 Pub8voE&G 485'T1eee. 106% 1084 100% Pub Sve Gas 4%8°67. ... 108% 108% 100 Pub Serv Gas 4148°'70,. 108% 100% 90% Pure O1l 6348°37.caeeee 100% 1093% 102 Queensland 78’41 }gg% 86 Reading 43%s 25% Rhine Ruhr 35% Rhine West Rumania 78 '69.. 47% SLIM&S R&G ¢s°33.. 12 StL&SFésA’ 9% St L&S F 43! 5 Seaboard A L re: :“ShbwdALM s 52 South Pacific é%s . 631 South Pac Ore « %48°77.. 76% 53 Southern Ry gn 483 A’56. 58 86 Southern Ry 58’94, 100% 69 Southern Ry gn 6s'66... 74% 8% Southern Ry 648°66.... T9% 107 102% Stand Ol N J 68 102% 104% 100 Stand OiI N ¥ 43 681 385% Studebaker Corp 6 65% Tenn Copper 68 B "44...a 57 Tenn Ei Pwr 6 31% 25 Third 0 28 1083 1013 Tob Prod N J 634s 3033.. 106% 77 61% Tokio 634» '61. 79% 68% Tokio Elec Lt 107% 96% UnEIL&P }%K 102 UniomEIL& 22% Utllities Power 5% 62 Vanadiumov 68 dleecee 58 Vienna 6s’S3... oo 99% Virginia Ry 1st 55 A °63. 28% 18% Wabash 4348°78..euvven 74 bash 1st oe 56 Wabash 2nd 68°39... 68% West Shore 1st 97% Western Elec ded 70% Western Md 1st 4s 63, 80 Western MAa 6348°77.... 96% 46% 30 Western Pacbs A '¢6... 79 Western Onion 6s°51... Hgh Low. Closs. Chge. |. 7 1034 == High. "+ weo T+ LN+ ++++44444444 ) W FEFRER FEFEEE RIIFEES T+ + ++ 14000 1+++ LL* & & 1+ I+&++$I++ FRPEEEFE FESL [ (Continued From Page 2.) —— Stock and Bales— Low. Dividend Rate. Add 00. 11% Stand G & El 6% pf. 13% Stand G & E1 7% pf. % Stand Invest Corp. 2% 26% Stand Oil of Cal (1). FINANCIAL. 22 15 96% Stand Ofl Exp pf(5)x 22 113 23% Stand Oilof Ind (1) 179 25% 26 Stand Oll of Kan(2) 8 89% Stand OII N J(t1%) 165 6 Starrett LS (h50c). 15 47% Sterling Prod(3.80). 39 1% Sterling Secur (A). 3 Sterling Secur pf.. 1% Studebaker (k). 10 Studebaker pf (k) 26% 11% Superheater (50c) 3 1% Superior Oil. . 18% 4% Superior Steel 5% 3% Sweets Coof Am... 2% % Symington... 5% 1% Symington (A). T4% Telautograph (1). 8% Tennessee Corp. 19% Texas Corp (1) 13% Texas & Pac RR..u 214 Tex Pae Coal & Oil., 80 Tex Gulf Sulph (2). 6% Tex Pac Land Trust 8 Thatch Mfg (h25c). 39 Thatcher Mf pf 3.60 4 TheFair....... 50 The Fair pf (j3%).. 4% Thomp'n(JR) (50¢). 10 Thompson Products 24 Tide Wat Ofl(h1% 80 Tide Wat Oil pf (5) 3% Timken-Detroft.... 24 TimkenRB (11%). 6% Transamerica h25c. 109 4% Transue & Williams ; 8% Tri-Contl Corp..... 42 60% Tri-Contl pf (6) 6 83 Trico Prod (2%) 1% Truax-Traer Coal. 8% Truscon Steel. 1% TwinCity RT 39 6 TwinCity RT pf. 4 1 Ulen&Co.....uu.. §8% 36 Und-Ell-Fisher (2).x 10 89% Un Bag & Paper (4) 4 85% Un Carbide & C 1.40. 214 % 11% Un Oil of Calif (1).. 90 Union Pacific (6)... 71% Union Pacific pf (4). 156% Un Tank Car (1.20). 8% United Afrcraft.... 8% United Air Lines&T 21% Unit Biscuit(1.60).., 120 107 Unit Biscuit pf (7). 50% 35 United Carb (2.40).x 54 8% 2% United Corporation. 284 37% 24'% United Corp ptf (3).. 59 18% - 9% United Drug.... 20 10% . 3% United Dyewood Ed 7% 3% United Elec Coal 9 77 69 United Fruit (3) 56 20% 11% Unit Gas Imp (1. 232 99% 86 Unit Gas Imp pf (5) 4 13% 4 Unit Piece Dye Wks 39 68 30 Unit Plece DW pf.. 1508 4 1% U S Distributing 10 14 4 U S Distributing pf. 15% 6 US&For'nSecur.. 78 - 63% U S & For 1st pf (6) 27% .11 USFreight (1).... 51% 34% USGypsum (t1%). 143% 115 U S Gypsum pf (7). 10% 4% U S Hoffman... 82 U S Indus Alcohol. 5% U S Leather... 7 US Leather (A)... 45 US Leather prpf... 15% US Pipe & F (50c).. 16% U S P&F 1st pf 1.20. REVIEW PICTURES BROADENING RISE OF RETAIL TRADE (Continued From First Page.) giving agricultural districts largest cash income in years. Pittsburgh.—Larger movement of Winter merchandise, because of the lower temperatures and broadening demand for Christmas goods carried retail sales 10 to 12 per cent higher than a year ago at this time; dry goods sales up 18 per cent and shoe sales 10 per cent. Wholesale volume 30 per cent above last year, with jewelry, men’s cloth and hardware leading. Industrial operations vir- tually unchanged, despite larger pro- duction of steel and plate glass. St. Louis.—Pre-Christmas factors brought improvement in all divisions of business activity in this territory. Retail sales advanced sharply, with strong demand for the higher-priced holiday offerings; dollar volume 20 to 25 per cent above 1933 figures. All apparel lines moved briskly, as resuit of cold weather. Wholesale volume for 1934 expected to exceed that of 1933 by 33 per cent. Industrial activity ac- celerated in articipation of holiday shutdown. Employment increased slightly. Toledo.—Department store sales picked up decisively, volume rising 60 to 80 per cent above that of week preceding and 25 to 30 per cent above the comparative 1933 figures. Whole- sale volume held at previous week's level; orders for both shoes and dry goods above last year. Industrial schedules being advanced; most manu- facturers of automobile parts and ac- cessories increasing production rap- |N idly. More orders received for safety glass; container glass output 25 per cent higher than a year ago. Youngstown—For first time in months retail sales were higher than & year ago, rising 10 to 15 per cent above the 1933 level. Wholesale or- ders increased by rush of fill-in re- quirements for Winter goods, but vol- ume was under last year. Employ- ment up slightly. Steel operations advanced 4 points for the week to 29 per cent of capacity. For correspond- ing week in 1933 rate was at 36 per cent; in 1932 at 15 per cent; in 1931, at 28 per cent, and in 1930 at 43 per cent. Applieatio apartments, properties. invited for Loans en ess and residential Tyler & Rutherford, Inc. Mortgage Loan Correspondents Mutui Benefit Lite Insurance Co. 1520 K St. N.W. Na. 0475 5% swines Home Loan & Savings Ass'n. 1505 K St. N.W. Under Supervision . §. Treasury Dept. e Loans on Property » Nearby Md. and Va. “Where Savings Are Safe” Columbia Building Association 716 11th St. N.W. NAt. 6543 50s 117 30 44 405 ~1% 13% — % 68% --1% 1% + % | 46% 5 — % 3 3%+ W) 24 67 5% 68 140 1 —1034 — Stock and Bales— Nev High. Low. Dividend Rate. Add 00. High. Low. Close. Chge. 4 USRealty&Impr. 46 6% 64 6% — % . 17% 16% 3 4% 40% 96% U S Smelt & R (h9). 1 121% 64% USSm&R DL (3%) 64% 29% United States Steel. 36% . 82 ¥z % 120 2% United Stores (A).. 627 8 5% 54 Unit Storespf(3%) 15 2 40% Univ Leaf Tob (13) 38 65% 12% Unv Leaf Tob pf(8) x190s 139 136 16% Unv Pictures 1st pf. 308 42% 38% % Univ Pipe & Rad... 21 1% 4% Univ Pipe & Rad pf. 420s 13 48% Utah Copper....... 20s 48% 1% Util Pwr & Lt (A).. ———— 1% 22% 59% 4% % stock. stock. Dividend rates as given in gen payments based clarations. 3 Unit of trading less than 100 shares t P: 9%in stock. dividends paid this year. or being reorganized. m Plu stock o Plus 2% in stock. % Vadsco Sales Corp.. 24% Vick Chem (12.40), 1% Va-Car Chemical... 10 Va-Car Chem 6% pt 65 Va El & Pwrpf (6). 52 Vulcan Detin (h3).. 1% Wabash (k)... . 1% - % 2% Wabash ptf (A) (k).. 2% 1% Wabash pf B (k)... 1% - % 4 Waldorf Sys (h20c) 6 — 17% Walgreen Co (m1).. 28% +1 84% Walgreen pf (63%).; 116 - % 2% Walworth Co...... % 3 5 Ward Baking (A).. 1% Ward Baking (B).. 12 24 Ward Baking pf (2)x 11 2% Warner Bros Pic... 158 15 Warner Bros Pic pt. 580s 1 Warner-Quinla: 8% Warren Bros. . 8% Warren Bros cv p! 13% Warren F & P (h1) % Wells Fargo. TT% —2% 3 Webster Eise: o 65 Webster Eisenlr pf. 40s 15% Wesson O & S (11).x 47 52% Wesson O & S pf(4) 12 443 West Pa Elec A (7). 45 West Pa Elec pf (6) 51% West Pa Elec pf (7) 8% West PennPw pf(6) 89% West PennPw pf(7) 190s 108% 106 1% Western Dairy pf A 4 2% % Western Dairy pf B 3 T% Western Maryland.. 2% Western Pacific.... 4% Western Pacific pf. 29% Western Union 15% Westingh'se AB 50c 27% Westinghouse Elec. 82 Westingh'se 1st 335 6 Weston Elec Inst... 14% Westvaco Chl (40c) 11% Wheeling Steel...., 34 Wheeling Steel pf.. 15 White Motor. 21% White Rock M 8 (2) 1% White Sewing Mch. 5 White Sew Mach pf. 2 Wilcox Oil & Gas... 4% Wilson & Co....... 12% Wilson & Co (A)... 965 53 Wilson & Co pf (§7) x 82 105 41% Woolworth (2.40).. 236 13% Worth'ngton Pump. 13 31% Worth Pump pf A.. 10308 23% Worth Pump pf B. 8 16% Wright Aero.... 570s b54% Wrigley(W jr)t3%. 11 108% — % 14 Yale & Towne (60c) 9 2% Yellow Truck. . 38 28 Yellow Truck pf. 3t0s 12% Youngstown S& T.. 47 13 Young Sp&W(t1%)x 17 19% 34 Y'gst'n S&T pfA53 6 43 -4 1% Zenith Radio .ed 7 2% 2% - % 3% Zonite Product: 43 4% 4% above table are the annual on the latest quarterly or half-yearly 8 Paid last year—no regular r g Plus 4% in stock. d this ye: ¢ Payable in cash or stock. f PlusS1 in special preferred k Companies reported in receivership lus 5% in stock. n Pl x Ex dividend. Market Averages By the Associated Press. STOCKS. 50 2 Indus. Rafls Yesterday ... R4 374 Previous day. B S RRISRBE22T o oreid oL OO i 2257 OOD D 12 B Yesterday ... Previous day. k ag Year 2 years years r2 31020 ZRIIBTRRY &3 35) 2, (1932). Low (1932) B33 47 *New 1934 high. 5 > (1926 average equals 100.) (Copyright. 1934, Std. Statistics Co.) NEW YORK BANK NEW_YORK. December 15 (P.—(New York Security Dealers’ Association): Bank of Manhattan (2 Banker Tr (3). Brooklyn Tr (4) Cen Han Bk & Tr (7 Chase Nat (1.40)... Chem Bk First Boston Corp First National (100). Guaranty Tr (20). T ) Manufacturers’ Trusi National City (1) Trust (5) 1200%She GENERAL INSURANCE Fire, Tornado, Automobile, Burglary, Liability, Bonds. COMWANY Realtors. Established Since 191 321 _10th St B Nationat o MONEY = to = LOAN 6% No Renewals No Commissions $10.00 Per Month Per $1000.00 COLUMBIA PERmMANENT BUILDING ASSOCIATION 733 12th St. N, NA. 0353 53 20 Util. T 514 72 ORI VDbl B obby - b5 £3 FRREZS) o0 EERoEBOES £ S o2 0921206 08 0 [ 2000 2 - S D astnes. e < <3003, STOCKS REPRESENTATIVE 1935 and this organization offers an industrious. ambitious gentle- man sn exceptional opportunity to Tepresent us in this city and sur- rounding territory. Man or presently en- ®aged in banking, mercantile, se- curities, law, teaching and seneral selling ‘activities can earn greater income “and advgncement than formerly possible by representing this organization in the sale of its service With our direction and co-opera- tion the man selected cannot fail to be successful. provided he has integrity. business acumen and the will to work intelligently Write NOW. giving qualifications, to obtain ‘interview while this opening is vet available. Address Box 420-8. Star office. Bid. Asked. 213 23Y% 52 54 83 88 107 111 3, @ SPECIAL NOTICE We Offer at a Tremendous Discount 12-CYL. LINCOLN 1934 Town Sedan Company Car Driven only a few hundred miles over the code requirement See Wm. G. Hill or J. M. Sanders HILL & TIBBITTS 1114 Vermont Avenue MOBTGAGE LOAN IF YOU ARE SEEKING Forty Years of Experience First Mortgage Investments —income producing investment you will find many reasons for selecting our FIRST MORTGAGES Long-term; liberal interest; sound security—and available in amounts from $250 up. B. F. SAUL CO. REAL ESTATE National 2100 925 15th St. N.W. 416,676.42 396,726.55 $5,576,668.55 Ample funds avaflable to refi- nanee existing trusts er modern- ise the home. 108% 108% 108% + % - 9% 78 T84 — % 90% 9% 900 .M . 49782908 PROPERTY MANAGEMENT , 68 - 74! 51% Sun O1l ($1).. brief session without getting any- | participation is to be expected. TREASURY BONDS. Ligi My us 118 100 Sun Oil pf (6). 456,693 444,198 $5,193,164 904 89% 90, + % Totals .oeveeennnnss Figures una