Evening Star Newspaper, January 7, 1937, Page 19

wxxk A—19 CLEARINGS HOLD AT HIGHER LEVELS Five-Day Week’s Total Only 2.7 Per Cent Below Full Week in 1936. By the Assocated Press. NEW YORK, January 7.—Bank clearings in the opening week of the new year showed no let-down from the heavy settlements during the FINANCI ‘ riv: di (RBUST ST |NEY_YORK CURB MARKET[e-me bukine TNEW_YORK STOCK EXCHANGE - GLOSE TO PEAK Close. Stock and Fiest N B 10 Dt 7. 208 um mu um PETTY™ Close. 1% (S AT et oo B RS 0” a Moderate Gain|, i, oue, S5 o o 20 5 P&L 624 | By the Associated Press. NEW YORK, January 7.—Although | Broad Midday Buying Wave Spreads Gains Through Market. ook end &igh. Low. Aoro Bunvl! (B).. 18 114 'lll’rlflvf 4). “: 115% lNI 114% Agfa A ! 17 total engineering construction awards 8 the Associated Press. 49% 26% Walker (H) (3).... AT% - % A = ll!h 5% Walworth Co. ... ll‘fi 12% +1% 13 . 214 Ward Baking B % 6% — % 2 % were a little lower in the week e::d m dz: z:;:mg‘f.x“l) :61": : a vestevpf . & 205 Tuesday, private contracts gained ALk Gre Bon (433, 768 4 erately w‘:,d the preceding week, Engi- 44 Warner Bros pic pt. 6% + % Ala Pwrpf (6) _ T08 neering News-Record reported todsy. e s34 The week’s volume in private work was attributed principally to large in- NEW YORK, January 7.—Stocks held close to peak levels of the ses- sion in late trading on the Curb Ex- change today after a broad midday buying wave had stretched gains throughout the list. ‘u :lmhghln . % Warren Bros 10% + % Alabam Pw pf (1) 10¢ Allen Indus (t1)_. 6 38% + % dustrial building contracts in the South. - Utilities swung to the forefront of the drive as the market gathered the 21 zlml 'a:'h!("l)) 19% Waukesha Mot (1). 3%+ N :llll::n'::.ll;:en ) 6% Webster Eisenlohr. 8% + % Alum'n Coof Am m- 160 1 Wells Fargo . 5{* — :‘ Alum Am pf $11% 2008 116} + % best headway on the upside seen in some time. American Gas & Electric, Electric Bond & Share, American Light & Traction, United Gas and = 33% Wesson U&S(160c) Alum'n Ltd . 100s 118 Private gontracts expanded to 431, 91% West Pa Elec A (1) 101 +2 Am Afrlines. Ino.. 4 80 Niagara Hudson moved up fraction- ally to more than a point. 244,000 from $17,195,000 the previous 87 Waest Pa Elec pf (6) Am Beverage 1 2y week. Public awards declined to $19.-1 110 96 West Pa Elec pf (1) Am Capital (B) . 2 1 203,000 from $25,825,000. Total awards | 116% 111% West Pa Pwr pf (6) Am Cit P&L (A)S 2002 40‘6 decreased to $40,447,000 from $43,020,- | 124'4 116'% West Pa Pwr pt (7) AmCPAL ww2% 1 Among industrials, advances of fractions to about 4 points were recorded in aluminum of America, Gulf Oil. Creole Petroleum, Pan 12% 8% Western Maryland._ Am CitP&L B a20¢ e e 4 1% Western Pacific Am Cynam B t60¢ l’l 9% 5% Western Pacific pf. Am Eqit (a22%¢). § American Airways, New Jersey Zinc and Babcock & Wilcox. Gold and silver shares were in- 721 West'n (nion (a2) Am & For Pw ww. 34% Westinghse A B (1) Am G&E (1.40) __ clined to lag, with Lake Shore and Bunshine off small fractions. 94% Westh'se El (a5%). Am G&E pt (6) fll 1 CURB BONDS 22 West'n El Inst a85e. Am Gep C'p as0e) 8 35% Weston Elec A (2) AmGeénCpf (2) 508 DOMESTIC BONDS. Power ¢'25 5%7 A Sales— nmm Illu. Add 00. lllh- Low. Close. cnn 38% 40% +2% 24% 16% 6% 43% [3 9% 824 624 36 82y 18 %% 3] 4% 21% 129% 129 3 45% M 9 9% 1T 9% +3% 13% White Rk M 8(1.40) 3% White Sewing Meh. 16 White Sew Meh 2. 2% Wilcox Ol & Gas.... 6% 'Wilson & Co (60c). 70 Wilson & Co pt 44% Woolworth (3.40) 234 Worthington Pum| 56 Worth Pump pt 47 Worth Pumppf B.. 63 Wrigley W ir ¢#3). 33% Yaie & Towne 8% Yellow Tr & Co 83% Yellow Tr&C pf $36 42% Young Spr&W (13). 41% Youngs'tn Sheel&T 2 : . 21% Zenith Radio 8 35% 34 3 + % Ti FoaiteFroducts. . 80 B4 T 8 1% ““#wmm“’; ;’;r“;g‘ it i Approximate Sales of Stocks on the N. Y. Stock Exchange. | reported to Dun & Bradstreet for the 11:00 A M. 600.000 13:00 Nooa. 1.100.000 | five-day week ended January 6, was 1:00 P 1780000 2:00 P.M. __.2180,000 |$6538,195,000, against $6,720,840,000 Total Gaies for the day 3,060.000 in the full week of 1936, & loss of 2.7 v—nm jone'e "n‘im.%nyw nu‘::-:afi-ur.u'um DSE oans basea > OO Onit of trading s than 100 shares. ¢ Anmua) rate—not | TTis contrasted with an incresss including extras 3 Accumulated dividends. & Pald chis year. | Of 16.7 per cent in the same come ® Paid last vear @ Comoanies rsported in receivership or being | parison for the period preceding, dividend. which was for five days in both years. reorganised. ¥ Bx Clearings this week made an ex- ceptionally good showing, despite the fact that there were only five days included in the current report, which embodied the settlements incident to the first of the month, against six days in 1936. At New York City the turnover amounted to $4,155,099,000, a falling off of 6.2 per cent from the $4,427« 977,000 in the similar 1936 period. Outside centers aggregated $2,383,~ 096,000, which was 3.9 per cent higher than the $2,292,863,000 in the corre- sponding week a year ago. Increases predominated at individy Mnuvorth (ll)__ Air Investors Ine. Afr Inv inc war ... Ca Ford(Can) Bn’lu lo- 134 | Ford (France) .. 31 | Froedt't cv o 1.20 coo- 73% | Gen Alloys __ T8 13 | Gen Fireprf télc. a2y Gen Invest Corp 2% 34 |Gen PubSv nl ns € Rayon Ltd “ 3% 3%4| Gen Tele C'pD 168% 160 | Gen Tire & Rub . 116} 116% | Gen T&R pf A (6) 13 113 | Georgia Pw pf (6) 76 29 30 |Gilbert(AC)pf3% 108 2% 2% Glen AldenC (t1) 16 B Godchaux (A)a. 4044 40% | Godchaux Sug “% Gorham (A) Gorham pf ww.. 334 3% | Gorham vt ex(1) 8 5% Grand Natl Films 11 3 3 (GrayTel PS(1). & % % | Grt A&P T a v 16 2108 g '"“ Grt Nor Pap (11)_100s 38% 16 Greenfleld T& D uardian Invest__ 20 Gulf Oil Pa new__. 98 Ed Hall Lamp (80¢). Haloid Co (11) Harvard Brewery. Hazeltine (a2¥%)-. tiecla Min (a60c) Helena Rubenst'n Heller (WE) {40c. Hires (C E)A(2) 508 Holophane (a%0c) 1 Horn & Hard 11.60 2008 34| Hudson BM&S (1) & Humble O11 (t1) _ 19 Huyler's(Deh)d) 3 Huy! pf stpd (d) 100s Hydro Elec Secur. 1 Hygrade Food 9 Hygrade Sylv(12) 100s IMP&LE% pr ..1008 111 Pwr & Lt §6 pt 650s Imp Ol1 Ltd t50c .. 26 fmp TobGrt Brit BT% +1% 84 +2% 9% +1% 76 +1 51 24% +2% 129 41 45% +2 95 105% + % 115 121% 121% + % 94 9% 2% 2%+ % % 8 + W 9% 80% + % 49% b50'% +1% NG'A M! +2% - % “h 16% —l 24% 25% +1% 3% Bh+ % e DOLLAR GOES HIGHER IN LONDON DEALINGS By the Associated Press. LONDON, January 7.—Dealings in the foreign exchange market contin- ued quiet today. The United States dollar gained % of a cent and closed at 4914 to the pound, which compared with the over- night New York rate of 4.91%. French francs ended at 105.15 francs to the pound against 105 5-32 yesterday. PARIS, January 7 (#).—Three per cent rentes, 74 francs 50 centimes; 4%z per cent rentes, 78.80. Exchange on London, 105.15. The dollar was quoted at 21.40%. — !:!ectnc Storage Battery Co.—Com- pany closed its plant in Philadelphia because of a sit-down strike of workers demanding higher wages. fl 19% Westvaco Chlor (1) 4 7 Am Hard Rub(a1)100s 6 3% 81% Westvaco 5%pf 1% Am Lau Mch t60c 3 BELOW YEAR AGO Am Maracaibo % 2 Eight-Month Volume Higher, Am Meter (a3%)- Am Superpower but Earnings Drop $213,- 618 in Period. Am Superpw 15t 6 By the Assoclated Press. treme west portions tomorrow after-| After lying dormant several months, | janta, New Orleans and Dallas. All of Imported Silver Price Advanced Half of a Cent By the Associated Press. NEW YORK, January 7.—The price of imported bar silver was advanced 13 of a cent to 45'; cents ounce today by Handy & Harman, metal THE WEATHER District of Columbia—Cloudy, with slowly rising temperature; probably occasional light rain tonight and to- morrow; lowest temperature tonight about 42 degrees; gentle variable! winds, becoming southerly. Maryland and Virginia—Occasional | rain with slowly rising temperature tonight and tomorrow. o dealers. West Virginia—Occasional rain Pl dititor temperature tonight | The rise in the New York price fol- | ) cities, The largest of these ape and tomorrow, except colder in ex- lowed an advance in London. peared at Pittsburgh, Richmond, At- 2 1 2 1% 4 2 Assoc Invest (12) 300s Asso Laund vte . Atlas Corp (a80c) Atlas Corp war Atlas Crp pf A(3). Atlas Plywd a50c. Austin Silver Auto Products..... Auto Vot M(150c) Ax-Fisher(3.20)A 100s 40 Babcock&W a2.85 300s 133 Baldw L bd rts(d) ¢0 2% Barfum StainSt1 11 4 Barlow&S(A)1.20 150s 183§ Bellanca Atreraft H Bell Tell Pa pf 6% 1 Berkey&Gay F Co Berk&GF pur war Bickfords Inc 1.20 BlissCo (E W) Biue Ridze C a10c Blumentha) § 2z Bohack (H C) 20600 Bohack HC 1st nf. co- Botany Cons (d) . Bouriols (a75¢) _. H Bower RollB(2). ¢ Bowman-Biltmore 14 Bowmn-Bilt 1st p1200« Bowmn-Bilt2d f 4 Brazil TL&P 40c 6 Bridgep't Mchal. 16 { Brill Corp (A) 4 | Brill Corp (B) 1 | BrillCorppt 100+ Brillo Mfg (60c) 1 | Brown Co pt oo | Brown F & Walsc 6 | Brown Forman . Buff N&E pf 160 Bunker H&S i12) 32is 108 3’2 Burco Inc (a50c) iy + | Bureo inc war " l1r 37 Burcoevpf (3) . ‘able & Wire(B) 1 ¥ | Can Car&Fdry pf ibs 29 {Can Indus AlcoA z 7 2 | Can Marcon} 2 2% | Capital City P 60c 15 | Carib Syndicate Carrier Corp Casco Products ‘ Catlin Corp (a40c) } Celanese 1st pf(7) 1008 nuh Cellulotd Corp 1 10 Cen Hud G&E80c 3 uu Cent OhioStial.it 1 Cen P&L pf 3.06% 126s Cent & S W Utll Ll Cent States Elec 93 Cent St Elcv pf E0» Cent St El 6% pf €00¢ \«em StEI 7% pt 2ibs Centrif Pipe v40c 1 Charis Corpille) 1 Chesebrough (14) 50s | Chi Klex Shaft t2 400s Chi Riv&M (t1%) 1 | Chief Consol 7 Childs Co pf 1 ! Cities Service 317 Cities Service pf 6 Citles Sve pf B z Cit Sve P&L $6 pf 500 Citv Auto S(t60c) 14 4| Claude Neon Lis 10 Clev E Il lum ($2). Clev Tractor Club Aluminum Colon Dev Ltd . | Colon Dev 6% pf Colo F' 1Ir war. Colt'sF F A t13 Colum G&E pf(5) 4:25s u;( Columb O& G a20e 251 | Comwlth Edis (5). Com with & S war Community W8 _ ComSM stc vte t1. Cons Atrcraft Consol Biscuit 60c Consol Copper Cons Gas(Bo)3.60 Cons Min&Sm t2 Consol RS pf $12_ Cons Royal «20c) Cont'l Roll & S Fy Cook P & Var t60c Coover Bessemer Cooper B pf A 50c Cooper Bess pr pf. Copper Range Cord Corp Corroon & Reyn _ Cosden O1] Me (d) . ; Cosden(Me)pf(d) Creole Pet (a50c). Crocker-Wh al0c. Croft Brewing Crowley Milner __ Crown Cent P aée Crown Drug (40c) Crystal Ofl Ref _. Cuneo P pf (634).. Cusi Mex Minin Darby Petr (50c). Dayt=n Rubb Dejay Stores 180¢ Dennison 1% pt _ Derby Oil & Ref 1 Derby Oi1&R pft4 268 Det Gas pf (1.20)_ Det Gray Ir t20¢c Detroit Steel (11). Dohler Die C (a1) Domin S&C (B) Douglas(W L)pf_. 60 Dow Chem (2.40). Draper C (12.40) Driver Harris (11) Dubelter Condens Duke Power (3) 1008 Duval Tex S aS0c 1 Eagle Pitch d aé0c ¢6 Bast'n G&F Asso 3 Ins Co of No A 12 650¢ Intl Cigar M 72 1 Intl Hold&lInv Ltd 12 tntl Hy F1 8 cv pt Intl Metals Inc A. Int] Petr (t11%) intl Products Int] Util (A). Int] Ut (B) 2%/ Intl Utilities w Inti Vitamin(5ue) Interst Ho M t23; Interst P(Del)pt 30s Inv Rovalty (3c) 2 Iron Firemen(t1) 1508 {reing AIrCh (1) 3 Ltal Superpwr(A) 3 Jncob-u-'u(ou) ] te Gl ad0c ‘en P&Lpf 515 758 88% JorlCen P&L pf 6 1000 96% Jer Cent P&L pf 7 2us 100 Jonas & Naum 4 Kans City P 8 vtc. KanCity PSof A {en RT&L A a7ic ngsbury Brew Kingston Prod 40¢ Kirbv Petr (20¢) | Kirkland L G (6c) Knott Corp (a40c) Koppers pf (6) | KressiSH) pf 60c Kreuzer Brew (1) G413 M‘ 8415 Gayg ROC RO 100% lmn 13 15302 185§ r cent 8% 1224 % 14 1434 Record hr Last 21 Heurs. (Prom noon yesterday to noon today.) apifighest. 42wt moon today. Year o 33 at 1 am. today. i I OO 20 Am Superpvr pf__ Anchor Post F Angostura (120¢c) Appalach EPpf 7 Arcturus Radio T. Ark Nat Gas - Ark Nat G cu pf.. Ark Nat Gas (A). Ashland Oil & Ref Ass0 Gas & Elec_ . As50G & E (A) _. NEW YORK, January 7.—Reming-, nu:n: much colder tomorrow night | the ffltl‘:!mpl’lm !:ftly ‘1‘!:9;";‘;!;1::{ the losses were under 10 per cent. . Saturday. rose more n a cent to 3 af Clearings rose $700,990,000 aboye kand Sale ton Rand, Inc, in & letter to stock- 30 q Diidend Rate. AGd 00. High. Low. o e e e River Report. | fell back to around 45. last week's total. Between the two Pug Sd P&L $6 pf_1276» 5013 4Bls 49% Potomac and shemndouh m"“‘ o comparative weeks in 1936 there was Pyrene Mfz(a%0c) 1 84 84 84/ the eight months of the current fscal | very muddy today. an increase of $1,717,034,000. Quebec Power (1) 7808 25 204 | vear up to November 30 showed an evert for Last . MARYLAND TOBACCO Figures at leading cities, together ot p Report {0 st 24 Hours, with i i 1.55. 360 22% 2% | 4,131,138 over nperature. : i percentage gains and losses, com- ek g D vra— BRI YIELD WILL BE LARGE Jured'vi e o 193t s bow Lum (A) 2 . E A y ave l3n:‘;‘mgxm Con a50¢400s Indicated net profit of $1239.836,| 5B, - el s . | ::I’N:‘v::g:r":':: g:z:g:r‘,‘” Octos Raym'd Con pf(3) 15s after provision for Federal income tax, | To - - LEONARDTOWN, Md., January 7.— " 5 Raytheon Mfg vic 8 however. was a decrease of $213,618,| % am: ~""T" Southern Maryland farmers are looking b Red Bank 0 ¢ | compared with s year ago, the letter Noon forward to a good yield from the past 2. 6. 1 E:fi‘: YRFE ;::’ | said. . year's tobacco crop, which goes on the | Boisqelph: Reybarn CoaZse_. “The management estimates,” the market next Fall. They said it was | Bufialo Reynolds Invest - | letter continued, “that earnings dur- . large and that the quality was as good = Cleveland ""i‘fll the six months ended November Year | a5 at any time in recent years. e corn crop also was reported large with Rlcrn:and prices high. N‘e:ln Orieani ™ 26 Richm’'d Radiator. s Rooseveit Fleld . 151330 have absorbed non-recurring items | Rpstnetreing) s 3 | of approximately $1,341,000, of which | B sl 92 | $384,745 was direct expense of the Russeks F A (11)- 33 |labor difficulties and the balance was tless (r&Stl _. 13%4 | unabsorbed burden due to interrup- Ryan Consolid’d 5 |tion of production caused partly by St Anthony Gold... % |labor difficulties and partly by the St Rels Paper 94 | moving and abnormal expenses inci- Tide Tables | : St Regis Paper pf ":% | dent to the moving of machinery, ma- | (Furnished by United States Coast and 5"32',3":“, ap o eI Col18) 3953 { terials and the families of employes Totey Tomorrow | SE1EALPY LT 1 # | i Schulte E E(d) 1 |and re-establishment of operations in e o Scovill Mfg(a2i) new locations.” SCramt BB Wt The management was said to antici- ingg{ S Corpes pate oenefits from this concentration Sl of manufacturing operations extend- !ing over many years. From an earn- ings standpoint, the letter added, the | month of December, from present in e 205 0 Seiberiing Rubber Lake Sh M (14) 57 5724 | Selecied Indus n b dications. will show a complete return to normal. The letter said labor d.ffi- lLakey i'v & Mach fly Sel Ind all cfs 515 150» culties have been completely overcome Lefcourt Realty 3% 4% Sent Saf Control 1 and factory output is now considerably Leh Coal&N -cve 105 11% | Seton Leath asve 1 Leonard uii 1 | Seversky Atrcraft 6 | ahead of that prior to the strike. | sEgE NEW YORK COTTON | Lit Brothers 6 | Shawin W &P80c 3 | By the Associated Press. Locke Stl Ch s0c 1474 | Sherwin- Wil (4) T00s Lockheed Aircraft 10 | Sher-Will (Can) 508 NEW YORK, January 7.—Cotton was generally steadier today on trade Lone Star G atve 244 | Shrev-El Dor P&L Long Island Ltg 6 | Singer Mfg Ltd | price fixing against improving sales of cotton goods and on foreign buy- Long | L pf A(T) 90 rets (a28 4-5c) ing. Lonz Isl Lt pf B 6§ 79 | Sioux C G&E pf 7 Loudon Pk'n t50c 634 | Smith Cor v ext t1 La Land (40c) __ 1434 | Sonotone C (a10¢) March, which reacted from 12.44 to 734 | 1239, under scattered liquidation, | 51 | rallied to 1245 by midafternoon, 3§ | Lucky T (+12¢) _. 13 | So Penn O1l(t115) 11045 | McCord Rad (B) . 107§ | SoCal Edpf C1% when prices were 8 to 11 points net higher, except January, which was 1014 | McWilltams D (¢2 81% | South'n Colo P A 1814 | Majestic Ra&Tel .. ¥4 | Southn P L 20 | 5 points lower owing to circulation ! of a few notices. 1814 | Mangel Southn Union G i 0‘1 1l a50c_- 17 h.‘lllr!s closed steacy. High. D 4% Record Temperatures This Year. Hizhest. 5. on January 3. | Lowest. 30" on January 5. Humidity for Last 24 Hours. ‘From noon vester to noun lodl' ) Highest. 96 per cent. at Lowest, 43 per cent. at 1 pm. yester 1 s Cities Sve 55 50 ities Svc 5s |66 Chicago INEW YORK BANK STOCKS u‘m.mu. Minnea NEW YORK. January 7 (# —New York Security Dealers’ Association K 3 el Dallas A‘*'d San Prancisco Portland, Ores. Seattle Total ___ New York Total all . Bid. SHMTHE T DD O v i 8% 1 181 wr 12% 21 313 14 15 10634 ‘%‘i | 123 204, @ alae S » Nai st Natl Novembe Sun today Fifs Nau T 8 tomrrrow Moon. today Automobile lights must one-half hour aiter sunsct 301 0075 10074 | 0315 10:814 | Fiorida FAL Gatineau Pw 575 PARIS BANK CHANGES peEARIS —The Bank of B week ended S Unch'ged 1438 =% 8159 + 863 288 Unch'sed 5400 +1.900 be lumtd oi Precipitation. iemeny fo:) Monthly precipitation i m:hel in the “ememh ‘C« of 3 Caoital (current month to dat i Month. January February 4 March £84 a1 | apnil 3 a9 May .vune neccm" sfls purcaased aproed POWER OUTPUT GAINS. Duco.mud ¢0mm ercial NEW YORK, January 7 (#).—Elec- . bills—France tric output of United Gas Improve- ment System companies for the week ended January 2 totaled 88,450,693 kilowatt hours, compared with 82- ciuculaiicn 2 272,668 & year ago, an increase of Ioisl credit io 15 per cent. Last week production ' 30-day advances was 88,213,347 kilowatt hours. | Rt o dicaun S per cent. > Advances ties 82 2,085 +1.230 + 333 1,583 89341 15.744 Weather in Various Cities. Temp. Rain- Stat ons Baro HiLow.fall. Wearh's Abiiene. Tex. Albany. N. Y. Atlanta. Ga Atlantic City Baltimore Md. Pw Co b8 Reouchy O s 510 = — 2 = s 5, 88 | Margay Sou Royalty t40c_ MANAGEMENT 4)4 | Marion Steam Sh. 1744 | Spen Chain St 60c 1 g |Massey Harris 9 |Square D pf A 2.20250+ 27 | Master Elec (a1) .. 204 | Stand Dredging 4 z¢ | Mem Nat Gasue) o3 | Stand Dr ev of 2008 6 |Stand Invcum pf 200s 23 | Std Ol Ky (11.40) 4 6% ' Stand O Neba2ic 2 ¥ | Stand Oil Ohio 11 & 8l | Stand Pwr & Lt 137 4% | Stand P& L (B) 31 2’4 | Stand P& Lpf 150¢ | Stand Prod (a2ic) 3 ll‘ Stand SH&Ld (4c) b 64| Starrett Corp vic 78 1% | Sterchi Brosa3ve 22 | Sterchi Bros 1st 3 758 9% | Sterling Bra7bc . Sterling Inet Stetson J B (50c) Stroock & Co(2%3)200s Stutz Motor 3 Sullivan Machine Sunray Oll (alle) Sunshine Min (3) Swiss-Am Elee pf Taggart Corp Tampa EI (2.24) __ Tastyeast(Del)A. Taylor Dist (30e). Technicolor a50¢_ Tecb Hughes t40¢c TennEP 1st pf(7) Tex P & L pf (7) Texon Oll & L 60c Thew Shovel a50c. 160¢ Tilo Roof (t50¢c).. 7 Tishman R & C Tob Prod Exp 16¢ | Todd Shipyd (12) Tonopah Beimont Tonopah Min ate Tr-Lux DPS t20c_ Tri-Contl C war ‘Tubize Chatillion. Tubize Chatl (A). Fung-Sol Lump n_ Tung-Sol L pf 80c. Twin-Coach a1.40. Ulen & Co 5% pf Ulen&Co 1% % ot Unexcelled Mfg Un GasCan a22%¢ Unit Air war Unit Corp wa: Unit Gas Corp ... Unit GasC war __ Unit Gas pf(13%) Unit Lt & Pw (A) 217 Unit Lt & Pw (B) 9 Unit Lt & Pw pf 43 Unit Milk Pr pf t3 §0s Unit M Ltal3 2-5¢ 8 Unit Prof Shal0c 2 Unit Shipyds B 3 Unit Shoe M 123 500s Unit S M pf (1%) 20s USFoil (B) (1)_. 8 U S & i1nt) Secur [3 US&IS 1stwwisy 2 U S Lines pf. 17 U S Radiator 9 U S Radiator pf . 1008 U 8 Rub Reclaim - 16 Unit Storesvtc .. 1 Unit Verde Ex (1) . 28 Unit Wlll Paper - ” Utah A You Can Figure Income from funds invested in our FIRST MORTGAGES There is a definiteness of rate and security for principal that will in- terest you. Investigate—and you'll confidently. B. F. SAUL CO. REAL ESTATE National 2100 925 15th St. N.W. PO RIBN NSO —® Merch&M A alsc sos | Merriit Char &S 4 15% | Merritt C& S of A 200 4 Mesabi iron ;| Metal Texile(4ve) Mex-Ohio Of1 Mich Bumper C___ Mich Gas & Ofl _. Mich Sugar - Mid Sta Pet (A) __ | Mid Sta Pet (B) _ I‘ Mid-WAbras 110¢ 1 | Midid O cvpf 2115 1008 Midl'd St Prod(2) 1 Mining Co (Can) 8 Minn Min&M1(t1) 1608 Moh H P&L 1st(7)325s Mohawk H 2d pf 475 Molybdenum Corp 29 Mont Ward A (7) 2008 Montr HLt&P 1% Moore Dist (t50¢c) sount Prod (60c). Mueller Brass t1 8% | Cincinnati. Ohlo Cleveland Colu Denver 1 lever to 16 coto Low. Last Detroit. El Psso. leisner Bms gerd cal B! J.mm" | = Maren May - July Qciover December Sbot stewdy: miadims. --e 1000 mnfimmm Indianapolis Jacksonviile Kansas City Los ~Angeles Louisville, Ky._ Mismi. Fla. " Minneapolis futures Ne"*Grleans New York. N Forty Years of Experience invest Cottenseed Oil. | Bleachable cottonsced oil closed firm. January 11.500; March, Bew 3 [ A S| 11570 May, 17172 July, 1174, | Ghaha™nenr. | Sales, 276 contracts. b—Bid. Pml-anmn == ghessle, A New Orleans Prices. Portiand “ae NEW ORLEANS. January ; uP.—Cotton | boriiand. Ore moved up briskly at the start of trading | C. ith showing gains of 4 10 lins was First Mortgage Investments alt San Antonio San Diego. Cal. San _ Prancisco St. Louis. Mo. = for hedging | long accounts, | p '3 Bolnts: Oc- 4 points hllher a1 December started off at ‘Weather reports ven hvouble in nearly | sections. atures were near Raintall Was limited to scatiered portions of Texi Cottonseed ol opened steady. January. 11.01b. March. 11.09b; May. 11:20b: July! 11:23b. ‘b—Bid Banwnwa Nat Bella Hess = POREIGN STATIONS. (7 a.m.. Greenwich time. today. | | Femperature. Wumu | London_England . 43 . France . Sa2a3 Ed Sou Csl E :i%s 60 B. gou Caro 5s 57 0’5 INVESTMENT ACCOUNT MANAGEMEN Nat Oil Prod t60c 2 Nat P& Lt pf (6) lou- Nat Refining Nat Rab Mch a20e Liverpool Quotations. LIVERPOOL. January 7 (@.—Cotton. 2. bales. including 300 American. | 8pot in good demand. buf businesc mod- erate: prices § points higher: quotations : “American, strict good middling. w0 g2 s3 This firm has always emphasized the importance of careful and periodic examination of investment accounts. {Those interested are cordially invited to make use of our Investment Research Department. Gibraltar. Spain_ (Noon. Greenwich ll Horta (Faval). Azores | Cutrent opeervtions) St. Georges, Bermuda_ A4 9: | San Juan. Puerto Rico Havana._Cuba Colon. Canal Zone CHICAGO PBODUCE strict middling. B Bmc'i u:w midaling. ;. 108 Nat Union Radio.. i Nebel (Oscar) Nehi Corp Nelson(H) (ad5¢) Neptune M A a60e Nev-Calif Elec N J Zine (12) New M&A Ldale Newmont M a3y 8 m N Y Auctiona2sc. 1 N Y Pw&Lt pf (7) 10s s N Y Shipbldg . 10 11% 11 N Y Steam 1 1834 1814 N Y Tel pf (6 768 uu( uhn Niag Hud Pw a40c us Niag H P(A) Niag H P (B) Niag 8 Md B lata Nipissing (a50c) .. Noma Elec (a40c) 4 NorthAmL&P 66 North AmL&P pf 3508 NARayonAtly 3 NARayprof(3). 1 North'n Europ O1l 10 North States PA 27 North'st Enzall 1 Ohio Brass B (11) 100s Ohio Edis pf (6) _ 768 Ohio Ofl cu pt (6). 4 11034 110 Ohio P Spf A (7). 10s 110 110 Okla NatGasCo.. 8 18 Oldetyme Distil _ Overseas S (a50c) 90 o culoncnance 2 2 2 208 10008 529( 6 4% RAIL ORDERS EXPECTED. NEW YORK, January 7 (#).—Pere Marquette Railway was reported ln‘ trade circles today to be inquiri 15 locomotives and a number of €: tenders. The Illinois Central was said to be in the market for 20 baggage cars, the Louisville & Nashville for 3,000 hopper cars and the Missouri- S84 | Kansas-Texas for 1,250 automobile | 4. extra fir stock and gondola cars, in addition . ized cariots. 3 to 25 chair cars and 3 dining cars. irs LONDON BANK REPORT. LONDON. January 7 (#.—The Bank of England mtemcnl for the week ended Jlnulr{ (in !hounndx of pounds) 2 UCHINCLOSS, PARKER & REDPATH 719 Fifteenth Street, Washington Members Cuicace Boare er Taans Cnicaco Meacanriie Excuawas Commonrrr Excuance, Ivc. Wasminoron Srock Excuawes Wilkes-Barre Philadelphia ST.A--C 2735 98 ¥ i 21017 101% FOREIGN BOND&. §ucn val ,:_ug4 ’ Agr M B Danish Col - 183 colored o ?x 20, Piymouth ! Niw Yoar Srecx Excmawcs 5 | New Youx Corrox Excuaxcs N. Y. Curs Excnance (Amoc.) Naw Yoax Pacoves Excuancn New York Baltimore ééatt Zezm 6 us ': “toms. voung 14: old. Zive T3 duche 413 pounds up. white 17: small white and colored, 3. Nnnhern geese. 13: Southern g b 12! Pounds up, 20: less than 7 ery: Spe- creelm“s (Rgh CHICAGO LIVE STOCK. ICAGO. January 7 (7 (United States Department of Agriculture).—Hogs, 25.000. IRCIAIng. 3.500 direct: StronE to 10 higher than Wtdnudly s average: hes Heavy butchers ug most: 10. ulk good and choice BTN oindt. 10358880 com arable 180-175 pounds. largely 10.15a45: best calves. 1 Cnlle 850() 1.500: -better ade fed steers and yearlings steady. such lnfl selling largely at 12.50 upward: top. 5. paid !or h ling nd mediu: 'lllh! steers: to AR ut largely s! lers. 12 ll 3 receipts. 233%:* 3l t fl 3 "Bt To'e'x"lfi o Sy weaker Sacks. 100 pounds. No. 1: Upstate. Roun Commercial. lower’ grades weak killing classes less acti pull ;nmutlyh:l 60 down: 50" light veaiers, nds. 1 . 080811750, tockers and_fochees momcre: : common kinds. 5.50a6.25: bette: .00 upward. with meaty feeders at X8 1.75: Cuba. Red ‘Doul heuded nmu No. 1 Bermuda. Red Bliss, T atat futures—Idaho Russets. January, of the bank's rese; 3.17; March, No. 1. ade A. 3.73. P 40 per ‘ent. compared, with jast week. Rate of discount, 2 per e lllbm 850. Sheem. 12,000, including 2.000 direct: unde: ol Sroad, aged shee fe good to chof m’n’.‘fl" East'n G&F pf(8) 500¢ East G&F pof 4% 760 East'n States Pwr 4 1 "11 K Pac GEE 1st (1%) 12 Pacific Ltz pf (6) 768 Pac Publio Service 7 PacPSistpfall; 2 uunnl-nm 91% lln Utilities Pw & Lt Utl] Pwr&Lt (B). 4 Utll Pwr & Lt pf. 8508 23.10 cent. METAL mxm'. —~LONDON. 7_(®.—The ket closed steas fl, -lthou(h prices were Somewhat_below thei FOREIGN MARKETS. January ir_highs tock CONSTRUCTION LOANS East'n St Pw (4). in District of Columbia or nearby Maryland East'n S8t Pw (B). Kasy W M Bt50e. ¢ Economy G Sall% §0s Eisler Elec (abe) 1 Elec Bond & Share 993 ElecB&SB8pf (5). 17 BlecB&Sof (6) 16 El Pwr Assoc a2fc 1 El Pwr AstA)a2iec 7 Elec P&L opt war 4 10.60 and be- 'w'?r.ddl" better scat- Utllity Equities 17 Utllity Eq pf (a7). 258 Util & Ind (new) . 2 Utllity & Induspf. 7 Venezuela Mex O Venezuela Petrol. 16| Waco Atreraft Walker Mining Wayne Purmp (506 Well't'n Oll of Del w Va Coal & Coke AirEx a2ic w it AuSup A 14 Il(m Will Oi1-O-M a&0e Wil-low Cafe pf . Wilson Jon 82%. Willson Prod (t1) Wolverine Port C.. Wolverine T t60c.. Woodley Pet 140 Woolw T'WLtdA gt Harz t400 NIDNI‘!-I '“‘ Pac Tin spec (12) 3008 1134 Pan-Am Afr (t1). 7 Pantepes Ol 206 Patchague Ply a7. 10s Peninsular Tel t1. 50s Pennread (a2bc) .- 1456 Penn G&E (A)1% 2 Penn P& L (6) ... 80s 1113 11034 Penn P& L (7) us s Pepperell Mfg t6. 1250 Phoenis Secur 15 Elec P&L 2d pt A l": L Pierce Gov (a0c) 24 Plon'r GM Ltd 806 21 Elec Shareholding ENShes CIsthr 0 e 18| pitney Bow(t40c) 1 : 14 | pictsbgh Forging 19 Electrographic t1 Emp G&F 6% pf 1 % pmuhlm% 2208 13 1 YOI!& January 4P).—Copper ces *higher. ol olno; l-:a tutir Backed: per A lllflun%" SIX MONTHS TO ONE YEAR 5:% Extensions at a lower inter- est rate for any term up to 20 years may be arranged. H. L. Rust ComPANY 1001 PIFTEENTH STREET NATIONAL 8100 res s, e 1o izl Indmmu mt lun lhuret being in demand 'hfl: textile. tobac silks issues For- er. em‘| elaona: lnfl“ ‘r‘flé.ednfl securities re- m‘Pn ) .d wn¢ prevailed in the arés sel ::fn-hn o00 pments. ri pllu 1 m demnnu nlr I’x Idaho Ruuet uflb 240: hlr 7 jumphs urm aded. %lwomln ground white f & o mmeraial, Ua 5 ueh an it Rarals "No: 30835 Tids "bushel erates. Bliss Triumphs 8. No. 1. fair quslity, small to medium, .78 a crate. 10 : % _x: 28 84 COMMISSION 1% S - MONEY MARKET. NEW YORK. January 7 (f\.—Call money steady: 1 per cent all day. gommercial Deper, per cent. ) days-8 months. 1% sogeptapces un- Ta York Re- with ra her BTt nter Anishing -m. net o cadtie PRIl D vnced 130 ncs and_Bank o francs to 8.070 francs. Sues Canal de- clined 70 francs. 1 R} 13 4 FOREIGN EXCHANGES. YOR§ January 7 (#).—Foreign .' Gren ll‘lllln ln dnllnn. cents. italn, dema: U. 5. TREASURY NOTES. by Chas. D, Bmuy & Co.) plogey - os Emp G&F 1% pt 1 EmpG&F 8% p’ 408 Emsco Derrick +1 1 Equity Corp(a2se) 39 BuropnElbdrts 8 Evans Wall Lead & Evani 1L pt . 80s 2 1@ Ex-C-O AAT 1600. 20 Jusosiavis. | Fairchild AvaiSe. (19.80: | palstaff Br (a14) 2 Fanny F C (150¢).. { 3 R Potrero Susar Powdrell&Al t60c Premijer Gold *12¢ 2 Producers Corp _. % | Propper-McC (d) _ 2054 rity Bal% “Prudéntial In a80c Pub 8ve ind pt 1108 36 3% | Bub Svc Ind pr pr 100r 6 33§ 1834 Pub Sv Okla pl(8) 10s 101 3 | Pug 84 PAL p2(5) S5e 38 L 2338‘ et O B0 322 FEE ™ 2200 = 8322 168520 o ; MaZ, 46 OBI. .-.._;.535.5;....._..._ 83222223252328R bttt b 23 ¥)