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CURB SHARES WEAK ; AT SHORT SESSION Liquidation Drives Prices to Lowest Point Reached in Two Years. BT JOHN A. CRONE. - BMciil DU pitch to Tilt Star. . NEW YORK, December 13.—Weak pom the opening gong, the curb mar- Jtet today moved downward at in creased rpeed as the session progressed. issues and virtually no groups of securities escaped the generally lower "trend. Public, utilities, petroleums, mines, .trusts and miscellaneous industrials 4 were particularly hard hit. The market leader, Electric Bond & .- •hare, opened on a block of 5,000 at 40%, off I*6, and later got ■* down to 39%. Cities Service, after . opening at 16%, off %, moved frac ; tionallv lower. • Combined liquidation and short sell ing drove prices to the lowest level for the year and thereby the bottommost point reached in two years. Selling began in the utilities, carry ing Associated Oas & Electric A. Com . monwealth Edison. United Light & Rower A and American & Foreign Pow . er warrants to new minimum quota tions. Scores of power and light issues early duplicated previous lows and more than 60 came within a fraction Os such prices. Foreign selling has had a depressing effect in petroleum shares. It has Ospecially hit Standard Oil securities, which constitute one of the most im portant groups of dividend payers on the curb. Pronounced weakness car ried Humble Oil. Standard Oil of In diana, Standard of Kentucky and Standard of Ohio to new low ground. And the selling spread to the rest of the petroleum list. Gulf Oil of Pennsylvania, which has underway a huge expansion program, - and Indian Territory A and B shares were the first miscellaneous oils to tilde to new bottom levels. They were followed quickly by Pacific Western Oil and some of the Pennsylvania com panies, which have suffered not only -from the decreased industrial demand far their principal product, lubricating ail, but likewise from special condi tions in their field. BONDS ON THE CURB MARKET in DOMESTIC BONDS, thousand*. Hlsh. Low. Close. IS Alabama Pw 4>*« 'S7 M>* 93% 93'i . 1 Alabama Pow Ss 'H. 183% 103 V, 109V* 7 Aluminum Ltd 5a ’49 97 % 97 97 3Am Atsre Sa '43 ww 74‘« 74% 74V« *5 Amer OAKS* 94% 94 94 is Ajitr p ft l sa sen. 101% 100% 100% lAm Roll Mill 4%5.. 97% 97% 97% • 10 Amor Roll Mill Si ’49 95 94 % 94% (Amor Soatlns 6s '3«. 60% 00% 00% 3 Appalach Oas «a ’4S It 71 70 8 Aopalac Oas 0s B '45 58% SI 88% 5 Appalach Pow 6s 'SB . 98 % 97% 97% 10 Amur's Cork 5a '4l 92% 03% 03% 15 Aaso OAR 4%s '4B C 50 50 50 8 Asso Oas ft El 58 'SO 60% SO «8% S| Aaso Oas ft El 5a '66 89% 97% 67% OAs Oil B%a 38 in es <5% 65 88% ‘ 4 AM# G ft E 5%s '77 55 % 54% 54% IS AS Tel Util S%B '44 C 79% 79% 78% „ 1 ECU Tel Can 5s B '57 103% 103% 103% • }f& T i"?«7: o '.r!B iS'Msh ISM. 0 ." ~ . , i: ‘ir- -sr 4 (cent But EMC 5s '49 03 03 03 . fe If rTi&J r S i i : g 93 .1 S IM £rrico ilfysft i « f 5 Gatineau A»w 5a 'if. 92% 92 92 lOen Vendlna Oa 17V* 17% 17% Sr-v 7 $4% a* 1 grand frunkV* si 104% 104% 10«% 12 Gulf Oil Pa 5a r 37..10l 100% 100% T lead Rubber *%• '34 02 % 02% 02% iiss 8 &*«.:* Si Sa as 5 Hytrade Pd 6a A '49 51 Vi 51% 51V* 3 Illinois P ft L 5%s '57 97 97 87 s&srufife ks« ft* as a* 2 intern Sec Am 6e '47 73% 73V* 73V. ( Intersta PoT.fr 5s '57 33 83 83 2 Intersta Power Ss '52 75 75. 78 1 Sera C PAL 5%a A ’45 102% 102% 103% 1 Jar Cent PAL 5s B 47 99 99 99 3 Kelvins tor St '3« aw 90% 60% 90% 10 Keeper* O ft Cs* '47 M% 99% 99% H cSFuSfI L'tt : S ’!)» ‘lf 'S IgSAfaVIrM “>• S’ 4 «'• • Maauchu Oat Sa ’SB 90% 96% 66% 11 Mass Gas 5%s '44... 1M 101% 101% 3 Mid St Pet 6%S A '46 50V. 47Vt 47% 1 Mid West DtU 4%5.. 90% 90% 90% 3 Mid West Util 5a 33 94% 94V* 94V* I Mtlw Oft E 4%s 07 90 99 H 13 Minn G ft Lt 4%s 50 M *7% 87% lfflS&t&Vf* S? g g 54 Miss Rlv FI 0a '44 ww 102 V, 160 106 » Mist River Fuel aw. 05 04 % 94% 15 8 Hat P ft L 5s B 2020 *3% 30% ’ 00% nhr n p ti% u .Jsrosteif* ■» is i!i’ 4 l> 4i#Ml | si k -:|fe,i\Ae.*t fcilTfK ’??% T.% 1 Pehn O Ed 5%s B '59 95V, 95V, 95% ». 1 Penn Old S* 'SO aw 101 101 101 3 Penn P ft L 5a B 'B2 101 101 101 Wtlec 5%a *73.. 108 105% 106 dOB 4%S '6O 84% 84V. 84% Sucar fa '42 55 55 55 « IU 4 V*a B SO S 3 91 91 PAL 5s C 50 . 94% 94% 94% a Itocn cnPwSi A'SS. . 55% 55% 55% 1 Rererson ft Bon 5s '43 95 95 95 lit t oas AC «S '47.. 50 50 so 3 San Ant P S 5s B 58 90 95 95 MSaaet Co Os A '45 84 82 92 • Barrel tnc 5s '45 70 70 70 7 Shaw WAP 4%s A 07 91 90% 91 111 haw WAP 4%a D... 91 91 01 I Shaw WAP 5* C '7O 100 100 100 >1 Milder Pack 0s 31. 90% 38 30 • SB PAL Os A 2035 aw 100% 100% 100% 5 outh Calif Ed 5s 'sl 102 102 103 50 South Calif Ed 5a ‘52 103 101% 101% 8 euthern N O 6* 44 66% 66 66% 1 Bthw Dal Pr 6%t '36 45 45 45 •uth LAP Ss A 57 91% 91% 01% : i taler Mft % '42 . 97 97 97 19 Und Gftß 6a '44.. 97 97 17 t , tand Invest 5t '37. . 70% 70% 70% ijr g* jr I i am Camp Pk Ss ft 45 48 45 Van Sverineen 5* SS 71 70 71 *Va Est P 5* A '55. 109% 102 V, 102% t tkavv si h .at Wash W A Pom 5s tt 101% 101 10! V wSPtI M»lo%s S 3 96 96 66 . E«*t JMew* Del is '44 56 55 56 FT Wes Tea Ut Sa A 'B7 59% #l% 89% 1 WUcon PAL 5s E 'SB 100 100 100 POREION BONDS. KBank 7a '47 60 60 03 -Jo «v jj' M Den MU ‘JK 99 99 5 Bums MU 7a o '67.. M #3% 83% 0 Pin id RMBk da '9l 75 74 74 88stsri(s?ft» 8 14 S 8 S|. L g«, Hsma-vSb «• «• a H Mtnsfletd MAS 7t '4l 8% 76V, 76V* 8 Nippon El P 6%s S 3 15% 95% 95% * T Ruhr .Chem 9* A '49 94 64 64 11 Ruhr OCo 6>*« A53 75 73 7| llTernl fioc , 6Vrt*A s *s3 77 75% «V, 3 ‘net* <L) 7%S '46 aw 90 90 M 1 unit B Bar 7a '59 aw 90 90 60 WW—with warrant#. . gs—without warrants. u iMusd. N FINANCIAL. | NEW YORK CURB MARKET Styra] Note—All stocks are sold in one hundred-share lots excepting those deeignsted by the letter s (80s) (3505) which shows those stocks to be sold in odd lots only. «~Pr*r. 1910.—» Stock tod iftifi^ Hlsh. Low. D!rld«nd Rate. Add 00 Open. Blah. Low. Cloae I IS 8% Acetol Frod ▲ l 9% 8% 9% 6% IS% S% Aero Bupply (B) • »•«' 2 8% 4 8H 4 »% 1% Allegheny Qu 8 2% g% 2% 2% 289 180 Aluminum Ce es Am. 27 180% 190% 189 159 7% 1% Amor Austin Car.... 1 i% i% i% i% 8% 1 Am British A Cont... 2 1% 1% 1% 1% 49 27 AmCFAL (A) (at). 8 88% 88% 88 88% 28% 8 Am C PAL B (19%). 12 «% 9% 6% 6% 28% 18% Am Com P A (bl 0%) 12 18H 18% 18 18 87 8% Am Cyanamld (B).. 19 8% 8% 8 8% 12 4% Am Equities 75% 8% 5 5 78% 18% Am For Pow (war).. IS 18% 19% 16% 15% 8% 4 Am Foundrs <b4-T0). 10 4% 4% 4 4% 167 74% Am Gas AEI (1D... 18 88 88 80 80 109% 104 Am Gas AEI pf (8).. 1 106 106 106 106 16% 4% Am Invest Ine (B).. 4 4% 4% 4% 4% 7% 1% Am Invest (war).... 1 l% i% i% i% 76 41 Am Laund Mach (4). 26a 42% 42% 42% 42% 89% 40 AmUSTraodH). 6 41 41 40% 40% 4% % Am Maricabo. 10 % % % % 89% 9% Am Superpowr (40c) . 106 10% 10% 9% 9% 8% 8 Am Thread pf (25e). 18% 8% 8% 8% 16% 8% AmUtftO (B) (85c). '8 4% 4% 4% 4% 14% 4 Anchor PF (bl 0%). 1 4 4 4 4 14% 6 Appalachian Gas.... 20 6 6 6 6 28% 8 Arcturua Rad Tube.. 6- 8% 3% 3% 8% 16% 4% Ark Nat Gas (A).... 80 6% 6% 5% 5% 8 4% Asso El Ind Ltd SOo. 14% 4% 41* 4:4 46% 16% Aaau GftE A iat2 40) 26 16% 16% 16 16% 11% 1% Aaso GAB (A) db rta 11% 1% 1)4 m 28% 6% Atlantic Coast Fish. 8 6% 6% 5% 6% 1% % Atlantic Lobos pf... 2‘ % % % % 14% 4% Atlas Util Corp 4 4% 4% 4% 4% 6 1 Atlas Utilities war.. 11 11 1 17% 9% Auto Vet II cv pf pt- 1 6 6 6 6 65 22 Aviation Ceres Ana.. 2 22% 22% 22% 22% 9% 6 Aviat Sec of N Eng.. l 10 10 10 10 7% 1% Bahia Corp l 1% 1% 1% 1% 18% 2% Bellanca Aircraft... 2 8% 8% 3% 3% 167% 146 BallTalef Can (I).. 60s 147% 147% 147% 147% 80% 18% Rllas (E W) Co (1).. 2 15% 16% 16% 16% 16% 6% Blue Ridge Cp(plOe) 2 8% 8% 8% 8% 44% 80 Blue Ridge cvpf(al) 20 82% 82% 82% 82% 44% 11% Blumenthal (S) 8 12 12 12 12 88% 20% Brasil TrftLtibS*). 20 21% 21% 20% 20% 16% 6 Brlllow Mfg Co(tOc) 1 6 6 6 6 6% 1% Br Celanette rets.... 11% 1% 1% 28% ?.*% BrlATcoußl.l7 8-fiOc 6 28% 28% 28% 28% 69 43 Buckeye P L 14).... 1 42 42 42 42 86 50% Bunker Hill &S t 6% 27 56 66 60 60 10% 5 Burco Inc 2 6 5 5 5 2% 2 Burma Corp (tile).. 1 2 2 2 2 3% % Cable A Wire A rets.. 7 % % % % 2 % Cable A Wire B rots. 11 % % % ti 9% 2% Canada Marconi..... 9 2% 2% 2% 2% 2% % Carfb Syndicate 28 1 ' l 11 90 48 Celan ct Ist pf (t7%) 1 60 60 60 60 31% 16% CentASwn Ut pl(b6). 1 18% 16% 16% 16% 42% 11% Cent Pub Svo A AL76 7 12% 12% 11% 12 89% 8 Cent St *1 <k46e).... 12 9% 9% 9 9 17 6% Chain Stores Stock.. 16% 6% 6% 6% 26 14% Chat Ph A) nv (90c). 6 14% 14% 14% 14% 46 42% City Sav Bk Ltd 4.19. 1 42% 42% 42% 42% 44% 16 CitiesServ iglOc)... 206 16% 16% 16% 16% 98% 87% Cities Serv pf •€)... 3 87% 87% 86% 86% 100 98 CitSvP ALpf (7)... 1 95 95 96 95 86% 7% Clev Tractor (1.60).. 17% 7% 7% 7% 21 6 Col Oil A Gas vtc.... 2 6% 6% 5% 5% 6% 1% Com A Sou war 20s 1% 1% 1% i* 886% 233 Com Edison (8) 80s 222% 227 222% 227 19% 8 Cem Wat Sr *b4%). 18% 8% 8% 8% 1% % Consol Auto March.. 18 % % m % 8% 2 Consol Copper...... 11 2% 2% 2% 2% 186% 82% Cons Gas Bait (8.60). 6 84% 84% 84 84 16 10 Consol Laundries* 1) 2 11% n% im il% 5% 2% Cons Royal Oil (50c) 6 2% 2% 2% 2% 3% 1% Cons Theaters...... 1 8 3 3 s 108% 97% Cont GABpr pf (7). 25s 97 97 97 97 80 49 Conti Share ov pf (6) 86 61 61 61 61 17% 4 Cord Corp 74% 4% 4% 4% 20% 4% Corroon A Remolds. 6 4% 4% 4 4 92/ 42 CorAßey pf A (6).. 1 40 40 40 40 74% 1% Cosden Oil 6 2% 2% 2 2 18% 9% Courtaulda Ltd 450.. 18% 8% 8% 8% 7% 2% Creole Petroleum... 19 3% 8% 8% *l4 84% 7 Crocker Wheeler.... g 7% 7% 77 29% 10 Croas A Blk pf (8%). 2 21 21 21- 21 12% 6% Cr Cork Int A i1).... 17% 7% 7% 7% 1 4 Cuban Cane pr opt w. 2 % % u 14 4% % Curtiss Wright war. l % . % v» 21% 4% Darby Petrolm n (1) 14% 4% 4% 4% 8% 1% Dayton Air A Eng... 6 2% 2% 2 o 162% 86% Deers ACo (gl.lft).. 9 37% 39 87% 88% 8% 1% De Forest Radio.... 8 1% 1% 1% iu 9% 1% Detroit Aircraft 9 2 2% 2 2 24% 11% Diamond Match saw. 9 16% 15% 16 16 27% 24% Dia Match cups (a). 10 24% 26 24% 24% 28 6% Doehler Die Casting. 16% 6% 6% 6% 66% 81 Dress S R (A) (3%/. 2 82% 32% 82 82 168% 27% Driver Harris new.. 7 26% 26% 25% 26% 18% 2 Dubiller Coad A Rad 8 8% 8% 8 8 Duquaane Gaa Cp wl. 6 8% 8% 3% 8% 71% Durant Motors 32 1% l% iu 114 21 2 Duval Tex Sul w1.... 4 2 2 2 2 42 *19% East GA F Asso.... 6 20 20 20 20 44 14 Bast St Pow 8i11... 8 14 14% 14 14% 18% 2% Bast Util Inv (A).... 8 2% 2% 2% 2% 28 4% Eisler Elsctrle Corp. 2 4% 4% 4% 414 117% 88% Elec Bond ABh (bf). 448 40% 40% 39 89 109% 102% El Bond ASb pf (8). 2 108% 104 103% 104 89% 11% EleoPow Asso (1).. 6 12% 18% I|% n% 87 10% Eleo Pow Asao A (1) 3 11% 11% 11% n* 78% 19% El PoW ALt op war.. 1 20 20 20 20 82% 9 Elec Shareholdg (1). * 4 12% 12% 12 12 8% 1 Empire Corporation. 12 11 % 1 60 31% fimp Pwr pt (T 4.40). l 82 82 32 32 9 1% Europ Eleo deb rta.. 8 l% 1% 1% 1% 22 6% Ex-cello Air A Tool.. 6 6% 6% 6% 6% 6% % Fageol Motor l 1% 1% j*. 11 1% Fairchild Aviation.. 11% 1% m m 2% % Fandango Corp 1 % % % % 89% 33 Ferro Enam At 4%.. 1 39% 39% 39% 89% 22% 10% Flat rata (1.26) 1 10% 10% 10% 10% 27% 8% Flintkote Co (A).... 78% 8% 8% 8% 88% 18% Ford Mot.CanAt2.lo. 1 20% 20% 20% 20% 12% 6% Ford Mot France 31a 2 8 8 8 8 28% 10% Ford Mot Ltd 87%e. 17 14% 14% 18% 18% 24% 8 Foremost Fabrics... 8 5 6 4% 4% 17% 2% Fox Theater Cl (A).. 4 4% 4% 4% 4% 38% 14% Oarlock Pack (1.60). 1 16% 16% 16% 16% 84% 6% General Aviation.... 6 6% *6% 6% 6% 4% 1% General Baking 12 1% 1% 1% 64% 27 Gen Baking pf (8).. 7 28% 28% 28% 28% 14 9% Gen fi Ltd rat < 60c). 60 10% 10% 9% 10 97% 88% GonGAScvpf B(6 ) 260 s3B 83% 88 88% 87% 26% GOnThcvpf w.l.(8). 16 28 28 27 28 21 4 9 Gilbert (AC) (1).... 19% 9% 9% 9% 86 5 Gleaner C Harv new. 16% 6% 6% 6% 121% 60 Glen Aldan Coal (t). 6 60% 60% 50 60% 7 % Golden Center 2 % % 46% 6% Goldman Bach T C.. 180 6% 6% 6 6% 6 % Gold Seal Eleo new.. 10 11 j 3% % Goth Knltback Mch. 1 % % % % 49 20 Guard Fire Aaso (2). 2 20 20 20 20 166% 66% Gulf Oil of Pa (1%). 86 64% 64% 68% 68% 14 8 Hecla Mining (1).... 1 8 8 8 8 7% 1% Helena Rubenstein.. 4 1% 1% 1% 1% Al% 25% Hormel (Geo) (2)... 1 26 26 25 26 30 12 Hou-Her cv pf A 3%. 1 13 13 18 18 ' 14% 3% Hudson Bay 51 A 8.. 74% 4% 4% 4% 119 66% Humble Oil (♦*%).. 28 66% 66% 66%' 66% 66 28% Hvdro Elec See i2>.. 16 24% 24% 23% 28% 16 2% Hygrade Food Prod. 7 4 4 8% 8% 74% imp Chem Ind (21c). 14% 4% 4% 4% 80 16% imp Oil of Can <600) 18 1«% 16% 16% 16% 47% 16% Ind Ter illu Oil (A).. 2 16 16 15% 15% 58% 17 Ind Ter illu Oil (B).. 2 15% 15% 16% 15% 86% 46% InaCoN Am itS).... 1 46% 46% 46% 46% 23 7 Insurance See (70c). 87777 23% 6% Intercoast Trade (1) 16% 6% 6% 6% 1% % Intercontinent Pet n 28 A A A A 24 13% tnt Petroleum (1).?. 27 14% 14% 13% 18% 7% 2% Internet Products... 13% 3% 3% 3*. 46% 21 Int Superpower (fl). 1 21 21 21 21 60% 84% Int Utilities A «8%). 5 34% 84% 33% 33% 19% 6 Internal Util <8)... 11 6% 6% 6% 6% 101 79% Inti Utu pt vt <71... 60s 97 97 97 97 46 80 Interstate Ecn pf<3) 6 30% 30% 80 30 27 6% Irvins Air Chute «1) 2 8 g 714 714 18 8% Italian Suporp lA).. 2 3% 8% 8% 3% 9% 1 Italian Superp war.. 11 11 1 109 100% Jer Can PAL pf (7).. 60s 107 107 107 107 22 6% Jonas ANeu pf (I).' 1 6 6 6 6 % A Kerr Lake 6 % % 14 % 10 9 Kresa<BH)ap pf 50c. 18 10 'lO 10 10 48% 35% Lackawanna See t 4) 8 36 36 86 86 26% 11 Lefcourt Real t 1.86. 6 11% u% 10% 10% 87% 19 Lafcourt Real pf (8). 8 26 28 21 w siu 60% 24 Loh CANS 11.40).. 2 28% 28% 28% 23% 27 10 Libby MeNell AL... 19% 9% 9% »£ 80% 16% Lily Tulip Cup (1%) 1 18% 18% lgu isu 20% 1% Loew*s Ine war).... 2 1% 1% t*. •*, 66% 20% l.nne Star Oes n tl) 7 22% 22V, 21% 21% I Baltimore Markets Special Dispatch to The Star. BALTIMORE. Md, December 13 Potatoes, white, 100 pounds, 1.25a1.75; sweet potatoes, barrel, 2.00*3 50; yams, bbl„ 2.25a2.75; beans, bushel. 1.50a2.50: beets, 100, 3.00a4.G0; cabbage, ton, 20.00 a25.00; carrots, 100, 2.00e4.00; cauli flower, crate, 1.50a2.25; celery, crate, 1.50a2.25; eggplant, crate, 1.25a2.ft0; kale, bushel, 35a40; lettuce, hamper, 1.7552.25; peppers, crate, 1.00a2.50; par snipe, bushel, 75a1.00; spinach, bushel, 50a85; tomatoes, crate, 1.50a4.00; tur nips. bushel, 60&80; apples, bushel, 00a 2.00; cranberries, box. 2.00a3.00: grape fruit. box, 1.50a3.00; oranges, box, 1.75a 3.26; tangerines, box, 1.00a2.00. Dairy Market. Poultry, alive—Turkeys, pound. 20a 27; old, 2&a20; chickens, springers. 10a 20: leghorns, 15a17; bareback*. 12a13; old hens, 14020; leghorns, llal4; roost- JMML . .Jti&k.- THE EVENING STAR, WASHINGTON, D. C, SATURDAY, DECEMBER 13, 1930 /wprtT, 1980.—* stock and Half - High. Low. Dividend Rata Add 00. Ooen. Hlsh. Low. Close. 66 80 Long Isld Lt (66c).. 4 SO 80 30 80 6 % Louisiana Lan A Hz. l 1% i% i% i% 24% 8% MacMarr Stores (1). 18% 8% 8% 8% 77% 32% Mangel St pf (6%).. 60a 82% 82% 82% 82% 11% 7 Marconi 1 Mar (Ite). 1 9 A 9 9 8% % Mavis Bottling 8 % % % % 22% 9% Memphis N G (t7oc). 8 9% 9% 9% 9% 16% % Met A Minina (1.30). 1 % % % % 6 1 Mid St Pet vtc 8.... 2 1111 29% 20 Mid WSt Ut (1%)... 4 21% 21% 20% 20% 88 16% Mid West Ut (bS«). 20 17% 17% 17% 17% 24% 16 Mid Roy cvpf (2)... 8 16 16% 16 16% 22 16% Mid St Prod n (2).... 7 16% 16% 16 16% 3% % Mining Corp of Can.. 8 1% 1% i% i% 86% 6% MoKatoPL <blO%). 76% 6% 5% 6% 6 % Mo Kan P L vto 1 % % % % 108% 103 Moh HP lat pf (T).. 26* 103% 108% 108% 108% 44% 27 Moody's ISpt pf (8) 2 29% 80% 29% 80% 12% 6% Mount Prod (1.60)... H 6% 6% 6% 6% 12% 4 Nat American C 0.... 13 4% 5 4 6 21% 8% Nat Aviation 10 4% 4% 4% 4% 20 4 Nat Fam 8 (b 10%).. 14% 4% 414 414 4% % Nat Food Prod (B).. 1 % % % % 41% 21% Nat Fuel Gas (1).... 7 22% 22% 22% 22% 80 4% Nat Invastora 18 4% 4% 4 4 16% 12 Nat Sh T Sec A J6oc. 2 16% 15% 15% 15% 22% IS Nat Transit (1) 2 18% 12% 12% 12% 10% 1% Nat Union Radio.... 9 1% 1% 1% iv* 26 11 Nehl Corp (1.30).... 1 11 11 u n 126% 70 Neisner Bros pf (7). 60s 70 70 70 70 149% 60 Nevada Cal Elec.... 10s 85 85 85 86 49 22% Newberry (JJ) 1.10. 1 26 26 25 26 3% 1% New Brad Oil (60c).. 2 1% 1% 1% 11a 100 78% New Eng Pow (2)... 20s 78 78 78 7g' 96% 88% New Eng Pow pf (4). 40e 79% 79% 79 79 91% 48 New Jersey Zinc(t3) 9 48% 48% 48 48 141% 50 Newmont Min (f«).. 17 61% 61% 49 49 42 16 Newport Co (8)....* 2 14% 14% 14% 14% 16% 4 NY Pet Royalty 1 6 5 6 g 64% 47 N Y Steam Cpn w.L. 4 45% 45% 46 46 24% 9% Niag-Hud Pow (40c) 91 9% 10 9% 9% 6% 1% Niag-Hud Pow Aw. 6 1% 1% i% I*4 21% 6% Niagara Bh. Md(4oe) 16% 6% 6% 6% 46% 18% Niles-Bem-Pd (f 3).. 5 23 '23 22% 22% 44% 18% Noranda Mines 16 13% 18% IS 18 1% % Nordon Corp Ltd.... 10 % % A A 6 %No Am Avlat A war. 6 11 rt 74 96 92% No Am Ut Ist pf (6). 2 94 94 94 94 11% 8 Nor Central Texas.. 6 3% 8% 3 8 24 9 Nor ASo Am Corp A. 19% 9% 9% 9% 4% % Nor Europ Oil Corp. 4 % 1 % 1 64 26% Nor PL (t 5) 2 28% 28% 28% 28% 102% 96% Nor St Pow pf <#)... 20s 99 99% 99 99% 188% 120 Nor St Pow A (8).... 18 180 180 129% 130 42 22% Novadel-Ang (f 4%). 4 40 40 40 40 1% % Ohio Copper l % % % % 26% Pao O&B Ist pf (l%) 4 26% 26% 26% 26% 19% 8 Pao Western 0i1.... 2*7% 7% 7% 71a 2% % PandemOil 20 % u 2 u 4% 1% Pantepeo Oil 71% 1% I*4 I*4 42% 10% Pender DGr A (8%). 60s 19% 19% 19% 19% 16% 6% Pennroad Cp (20c).. 51 6% 6% 6 6 82 16% Penn-MexFuel (3).. 1 16 15 16 15 46 20 Peop L& P A a2.40 •. 1 21% 21% 21% 21% 12 6% Philip Morris (A)... 1 10 10 10 10 15% 4 Pilot Rad Tube (A).. 2 4 4 Bra ora 26% 6% Pitney BPn (20c).. 6 5% 5% 5% 5% 69% 87 Pitts Plate G1 (2)... 1 36% 36% 36% 36% 27% 17% Plymouth Oil (2).... 1 17% 17% 17% 17% 18% 1% Polymet Mfg (bl%). 10 1% 1% I*. 86 64 Tower Corp, Can (2). 2 68 63 63 63 16% % Prince* Whit (260. 10 11 1 V 44 12 Prince & Whitely pf. 1 15% 15H 1514 1514 23 9% Prudential Invest... 10 9% £% 9% K 27% 4% Pub Ut Hold (50c).. 54 C% 6% 6% 5% 9% 1 Public Util Hold war 54 l 1 % 1 10% 4 Pub Ut Hold xw 50c. 7 5 6 414 414 102% 98% Puget SP& Lt pf(<) 20s 99% 99% 9<wa 9oa! 10 7 Pyrene Mfg (800... l 7 7 77 27 2 Radio Products (2).. 68 2% 2Vi 2% vu 9% 1% RRSh Corp (2602 4% 4% 4% 4% 14% 8 Rainbow LumPr A.. 2 3 8% 3 7% 1% Rainbow Lum Pr 8.. l 1% 1% 6% 1% Reiter-Foster 11% iu 1% l k l* SgSZff™:;::. I !* £ 5* *5 8% % Reynolds Invest..... . 8 l i i j 12 3% Rich Rad cum pf.... 2 4% 4% aia ,ia 88 11% Roan Antelope Min.. 7 12% IS 12% 12% 29% 15% RockLt AP (900... 1 16 l« i« Jg H 210 % Safeway 8 w(2d) (C) 10s % % % u % £St Anthony G01d.... 10 ft A A A 84 18% St Regis Papsr <l).. 28 13% 13% 1314 16% 6% Salt Creak Prod (8).. 4 6 6 6 6 17% 7 Saxet Co 17% 7% 744 74* 12% 1% Schletter A Zander.. 'll 1 T* 4% 1 Schulte Un 6c-»l St.. 71% iu iu tia 10% 8% Seaboard Util (60c). 2 8% 3% 3% 3^ 9 4 Sag Lock AH (60c). 76% 6% gu iu 12% 2% Selected Industries. 6 2% 2% 2u ?u 84% 49% Selec In all ctfs(4%) 16 49% 49% 48% elu 71% 47% Select Ind pr (6%).. 1 475* 47* ,7^ 9% % sentry Safety CcTnt.. 8 1% 1* 4 J£ 4 l£ 9% 2% Shattuck Den Min... ll 8% 3% 3u «u 20 4% Shenandoah Corp... 8 6 5 444 ak e! H ShenanCorppf caS). 2 38 38% 83 88% 34% 6% Silica Gel ctfs 4 514 su a * 6% 8% Sing Mfg Ltd (23c).. 2 8% 3% 9*4 o*/ 26| 120% Smith (AO) (2)..,. 20s 129% 129% 129% 129vt SS 6% Solar Refining 1 644 18 1% So Am Air Lines Ist., 11% iu 2% 1 So Am Gold A Plat.. 1 m, 114 *l4 46% 19% Sou Penn OH (t 2%). 7 20% 20% 20* 20 28 24% So Cal Ed pf B(1%) . 6 26% 26% 26% 4 .17 6 South Id Royalty (60c) 6 6% «V 4 & IZ. 20% 8% S w Gaa Utilities... 16 4 4 IZ 2% % Spanish A Gen rets.. 2 % 14 u 86% 30% Btd CapASeaKf2.9o) 6 80% SOV4 30% 30% 81% 40 Stand Invest Cum pf. 60s 40 40 40 *n 2 1% % Standard Motors.... 2 11 11 59% 34% Stand Oil Ind (2%). 161 34*4 3414 -- 2°* Stand °il of KY(t2) 14 20% 21 20% 20*4 108% 43% Sund Oil Ohio (2%) 160 544 44 fzZ 43^ % A Stand Sliver Lead?. . 10 % \ 43^ 28% 4 Stein Cosmetics 1 4 4 K K 28 6 Sun Inv 4 6 6 K a i?. 2% Sunray Oil (b 5%)... 8 3 3% 8 a 84% 27% Swift ACo new (2).. 2 27% 27% 27*4 27*4 88% 80 Swift Inti <t3%)..., u 32 32% SIU aIS 10 8% Syracuse W Mch(B). 14% 4% 4% 3 J£ 29% 11 Taggart Corp (1)..., 1 u *. n „ 48 18% Tobacco A All Stks.. 4 20% 20% 20 20 63 44% Todd Shipyard (4)... 4 47% 47% 47% 47% % A Tonopah Belmont... 6 A ft ft a 18% 4% Trans Lux DLP 8.. 6 6 6* 6* a* 9 2% Trl-Cont Corp (war) 4 2% 2% 2% 22% 3% Tubise Chatel (8)... 1 4 4” 4 4 86% 13 Ungerleider FCorp.. 11 22% 22% 2iu 90 42 16 Union Am Invsst.T.. 13 16% 15% ?« 86 16% Un NO of Can t1.60.647s 16 16 15% 15% 47% 22% Union Oil Asso (J 2). 2 20% 20% 20u wu 16% 4 Utd Carr Fastener... i 4% %% 20% 6% Utd Corp (war) 6 7% 7% 7v, iu 8% 2% Utd Dry Docks 2 2% 2% 2u iZ 1 % UtdElSvprwar.... 10 % % 2^ S 4 * Uld Foun< l b2»86 ah. 80 7% 7% 7% T u 28% 7% UtdGasCorpn 28 7% 7% 7*4 nZ 11% 8 Utd Oas (war)...... i« 3 8 3^ Utd On pf (7)..,1 ftku mu 66 23 Utd Lt A Pow Ad). 46 28 *8 55^ 119% 96 Utd Lt A Pow pf (4). 3 94% 94% ll !? H HZ 6 1 lo It It 22% 8% U 8 Bleo'powww::: 15 J% 4* SSh *SBSSKSWSiV/. ir« T; *a “ 1 USAlntSecur..... 6 I JJ K 444 25% 8 5% ÜBLln“ t .pf , (ff.!!! t T *{ 3^ S 10 H USAOtV"«sM%; i IK iSS iJB ? 4 4 * v 16% 6% Utd Verde Ext (2)... 12 8% »% 8 « 28 8% Util PowALt (ai).. 10 8% 8% 8% L 22 5% Utility Equities..... 3 5% 6% 97% 69% Vacuum (t<%) 42 61 61 69% 59% JJ 5 Van Camp Packing.. 3 2 .3 1 a 9% 6% Vlo Flnan Cor (40c). 10 5% 5% 5*4 a*i n 19 Walgreen Co 7 18% 18% 17 17 i h 5% w:iKrrHMD" > ;. 2 i iJ 2 5% K K k b s 22 ! 2 SVKiS: l 20 i 20 s 89% 15 West Auto 8 A (8)., 8 21% 21% 01*. 107% 96% West Pow pf , T ). .. . 1 97 !i H H H 2% % White Sew mdb rta.. g \ 1% Winter (Bsnj) 11% 2114 8 Zonite Products m. 41 g% g^ RIGHT*. Ixnire. 12% 8% Peop GLAC.. .Jan i 6 l 9% 9% 9% qu m«§rt’asSTaSßi Y» M tl**S2SY ers, llal3; ducks, 12al8; geese, 16a22; guinea fowls, each, 30afl0; pigeons, pair, 20. Eggs—Receipts, 063 cases; nearby firsts. 30; hennery whites, firsts, 32a33; Southern firsts, 20; current receipts, 28. Butter—Good to fancy creamery, pound. 31a35; ladles, 25a27; rolls. 20a 25; process, 29a30; store packed, 15&16. GRAIN MARKET CHICAGO, December 13 (Special).— The wheat market was easier today un der selling influenced by weakness m Liverpool and Buenos Aires. Farm Board support checked the decline In old crop months. December, old, opened 77; new, 77%; March, old 79V* to 79%; new. 79%: May, old. 81 to 81%: new, 01% to 01%. After the first half hour December, old. 77; new 77%; March, old, 79%; new, 79%; May, old. 81 to 81%; ntw, 81%. Com was lower with wheat. Decem ber, old, opened TO% to 76%; March, old, 73% to 73**: new, 73% to 73%: May, old, 75% to 75%; new, 75% to 76%. After the first half hour Decem ber. old. 70%; March, old and new, 78%; May, old, 76%; new, 75%. Oats were easier. December, old, opened 33%; March, old and new, 84%; May, old, 35% to 35%; new, 35%. After the first half hour December, old, 33%; March, old, 34%; new, 34%; May, old and new, 35% Provisions were flym. POTATO MARKET. CHICAGO, December 13 OP) (U. 6. Department of Agriculture).—Pota toes—6s cars; on track, 140; total U. 8. shipments, 593; firm on Mo. 2 Rus sets; dull on other stock; trading slow; sacked, per hundredweight, Wisconsin round whites, 1.26 a 1.56; Minnesota round whites, 1.10a1.35, mostly IJOa 1.35; Idaho RussMs No. 1, l.tOalJS; > fancy, shade highJL MO. 2. 1.40e1.45. y, ... . ... • . PLEA FOR COPPER TARIFF REPEATED Frank Armstrong Reviews . Present Plight of Industry in Trade Journal. BY FRANK C. ARMSTRONG. Special Dispatch to The Star. NEW YORK. December 13.—Ameri can copper production has about reach ed Its limit—certainly so under present competitive conditions. Outside low cost mines now produce more copper than the foreign world consumes, whereas United States consumption ex ceeds production. The American de mand will grow much faster than the foreign, and we will become Increas ingly the major copper market of the world, at the same time that the foreign mines drive production to meet that demand. Ultimately this trend means the suspension of copper mining In the United States. It Is hardly necessary to point out what that would mean. Disappearance of an industry that is a major factor In the prosperity of many States, unemployment, falling freight tonnage for the railroads and other painful economic readjustments will be entailed. We will have ceded to foreign rivals a considerable part of our industrial and commercial empire. Nor Is that all. There is a real danger that some of these foreign countries will place export tariffs on copper, and undoubtedly they will as soon as they can secure more revenue without re stricting their exports. So far as the American copper mines are concerned there is only one recourse —and that Is a protective tariff duty on Imported copper. If we had continued the protective tariff policy for copper, adopted in 1869 and maintained in some degree until 1894, we would have escaped the present distressing situation. Had there been a reasonable protective tariff on copper our internationally minded companies would not have been tempted to export their capital to Canada and Chile—and now to Africa. They, like the United States Steel Co., would have remained all- American. Their mines, smelters and policy-controlling interests would have been all-American. Their mines and all their equipment and supplies would have been bought from American pro ducers, instead of going to Germany for their plants. And they would have avoided the dilemma that is now inevitable. That dilemma is this: Shall they oppose a tariff that will put their American mines Into full production, with complete pay rolls, good wages and all that they mean to local communi ties and the Nation in general; or, shall they direct their influence to the main tenance of that free trade that means so much to their foreign mines. It is greatly on account of these foreign mines of theirs that our American com panies have built up a top-heavy finan cial structure, for which it is diffi cult, if not Impossible, to provide ade quate dividends. If barred from the American market or even if merely re stricted In access to it, their outlook will not be any too bright. Oh the whole. It is plain that these internationalised American companies would prefer a continuation of free trade In copper. Yet a copper duty is sure to come. There is no reason In the world why a protective tariff Nation should withhold' the shield of protec tion from a great industry when im periled by foreign competition. Why should copper be without protection when Iron and steel, aluminum, man ganese, sine, etc., are all protected? Chicago Stock market By the Associated Press. CHICAGO, December 13.—Following is the complete official list of transac tions In stocks on the Chicago Stock Exchange today: STOCKS. Hlfh. Low. Close. 100 Acme Steel ss 35 ss 50 Adams Mfe 30 30 30 100 Am Com Pow ••A".. 13 13 13 300 Am Equities 5 4% B 10 Am Pub Ser p t 9$ *8 M 100 Appalach Oas S S 6 150 Art Metal 3% 3% 5% H9O Assoc Tel Util 19% 19% 19% 50 Auburn Auto 84 84 84 650 Banco Kentucky ... % % Vi 100 Bastian-Blesslns .... 24% 34 24% So Beatrice Cream 8954 #9% 89*4 2100 Bendix Aviation .... IS 15% 18% 1800 Bore-Warn 17 16% 16*4 700 Bright Star "B” % *4 350 Brown PAW -B”. 6 6 6 300 Burnham Trad I*4 1% 1% too Butler Bros 8 6% 6 90 Cent 111 Pub Her pf.. 94 93*4 94 450 Cent 111 Sec 33 23 33 950 Cent Pub Serv A,,.. 1314 13 13% 800 Cent A So West 15*4 18% 1554 20r cent A 80 West pf.. 93 93 93 100 Cent A 8 W pi pf... 9854 9SV4 98% 120 Cent States Pow pf. #3 81% ,81% 100 Cherry Burrell 2654 2654 2654 1000 Chi City A Con Ry.. 54 >4 54 3200 Chic Corp 4}« 4% 4*4 2600 Chic Corp pf 39% 39'/« 3954 225 Chic Plex Shaft .... 14 14 14 150 Chic Invest pf 38% 38*4 28*4 250 Chic Yell cab 32 23 22 4106 Cities Service 16% 1654 16*4 150 Club Alum 354 3% 354 1525 Com’wlth Edls 236 235 236 100 Community Tel .... 12 1154 11% SferXiS".::::: ,8 ,!* A 850 Cont Chic pfd 40 39% 39*« noocord cosp 1 .:::::::::: sft sft sft 25 ?0 curtis s *Li«ht' V 4 *1 l \ '* 100 Dexter Co 10 10 10 350 Elec Household ..... 2454 34 2454 50 Emp GAP 8s pfd .. 70 70 70 60 Emp O A P 6%s pfd. 74 74 7* a u a si 2cr I {BS^r b P y r-i§t runo . w ..:::: iV* L iooHSr r tic e a h rtcf* r .i? ,/4 IP IP WitXpntk-A:::::: ?P ?P ?P 50 HI Brick 16 16 16 250 Inland Util ' 454 4*4 454 10500 Insull Util 36 34% 38 50 Invest Co of Am...... 999 200 Iron Fireman 16 1554 1554 4 50 Jefferson Elec 17% 1754 1754 150 Kalamazoo Stove ... 29’4 29% 29% 100 Keystone Steel 10% 1054 10% 50 Lane Drug vtc 54 54 54 300 Lane Drug pf % % % 1150 Libby-McNeill 10% 10 10% 256 Lion Oil Ref 7 654 654 50 Lynch Corp 12*4 12*4 12*4 1150 Majestic House Ut... 6% 6V, 6% 600 Manbat Dearborn ... 19% 19% 19% 300 Marshall Field 30 30 30 50 McOraw Electric 17% 17% 1754 lOOOMerch A Mfrs A.... 19% 17% 17% 50 Mickelberry's Pood .. 115* 1154 11% 13200 Mid West Util 17% 17% 1754 ! 300 Mid WUt 8% pf A.. 98 97 99 100 Mid W Ut “B" war .. 2 3 2 700 Midland Nat Oas >4 A” 3% 2% 3 700 Midland United 18% 18% 17% 150 Mldlsnd Unit war... J *4 1 lOMidUtdrtpl 8254 8354 62% 150 Mid Ut 7% pi.... hv, 9* IS 50 Miss Val Util pf.... 9454 84% 94% 46 Monroe Chem pf 82 23 33 10 Mosser Leather 9 8 8 50 Musk Mot Spec A 10 10 10 2SONat Battery 30% 20% 20% 200 Nat Elec Pow A 23% 23 23 100 Nat Rep Inv if 38 36 100 Nat Seeur Inv 6% 6% 6% so Nat Secur Inv etf... 70 n 70 150 Nat-Standard 34% 34% 34% 200 Nat un Radio 1% 1% 154 550 North Am Car 37 35% 35% 450 Nor Am L A Pow.. 60% 605 2 6054 SO No A So Am 6 9 200 North Paper Mills.. *0 40 40 250 No West Bancorp ... 72% 32 32 100 Perfect Circle 25V» 25 25 100Plr.es winter 14 1314 14 500 Polymet 1% 1% i% 2000 Poo- A Co B 12 12 12 inn Public Serv n p 271 317 271 25 Pub Serv pf 140 140 140 noouaker Oats 158 159 159 150 Sailv Frocks 4 4 4 300 Seaboard Util 3% 3% 3% 300 So West Gas Util * 4 4 •150 Stand Dredx pf 14% 14% 14% 200 Steinite Radio 54 54 % 100 Super-Maid 6 6 6 300 Swift A Co 28 28 28 550 Swift Inti 32 31% 31% 200 nniT Am N uti? **:::: 3% » |% 4 f. * 100 Ward Mont A 100 100 100 100 West Grocer 1 J 13 13 'HLZr 1 * h * T*' *’ 21 2* lOOWextark Radio 1% 1% 100 wtebcldt St 12 is 12 6200 Wls Raps* Rhr* 6 5% 6 50 Xenith Radio 3% 2% 7% Stork sales today. 114 100 share*. Bond sale* today. 143 000 BONDS. * 33000 Insull Util 0s '4O 87 86% 86% 5006 Chi Ry A Sc 37...... 45 :•’f » „ • I INCREASED COMMERCIAL LOAN DEMAND IS ENCOURAGING SIGN BT I. C. BOYLE. Special Dispatch to The Star. NEW YORK, December 13.—There is * decided Increase in demand for com mercial loans in evidence throughout moot sections of the country. This is a most encouraging factor in the business situation, according to bankers. It is. they say. the more surprising in view of the fact that preparations now are being made to gather money in for divi dend and interest payments on Decem ber 15 and January l. The demand for commercial loans has been almost at a standstill for many months and bankers say its revival can mean only one thing—that the bottom of the business depression has been bumped and that the rise Is at hand. Reorder Demand. Borne wholesalers and manufacturers are finding themselves hard pressed to meet the reorder demand from retailers for some holiday goods. The shelves of the retailers were only lightly burdened to start with and the volume of trade .^ cen in . cr eased as more and more Christmas club and holiday funds have become available. Sales of clothing and textiles have been especially good. In manufacturing lines there Is as yet little tendency toward expansion of operations. This is due not to failure to sense the Improved condition of busi ness, but to the fact that this is the inventory-taking period and most com panies are approaching the end of their fiscal as well as their calendar year. They naturally are anxious to set their houses In order In preparation for re ports to stockholders, and the opening up of new lines and expansion of old ones is hardly to be expected. The steel industry is certainly on a much sounder and more satisfactory basis than it was a week ago. This is CORN LEADS WHEAT IN GRAIN DEALINGS Prolonged Mild Weather Given as Cause for De cline in Values. Br the Assoelstsd Press. CHICAGO, December 13.—For at least the moment, com is now the king of the grain trade in Chicago. Wheat dealings are at present virtually mo nopolized by Government-sponsored bodies so far as all future deliveries are concerned, except only July, which represents wheat to be harvested next year. Some of the foremost authorities in dicate as the outstanding feature of the coin market the fact that corn values are off 6 cents a bushel from the recent top level, largely as a result of extra prolonged mild weather for this time of year, as well as on account of downward trend of hog prices and owing to unsettled stock market con ditions. Compared with a week ago, com was cents a bushel lower this morn ing. with wheat varying from 2% set back to % advance, oats. 1%-2% off and provisions showing 30-80 drop. Feeding of Corn. With most deliveries of corn selling at a liberal discount under wheat, ex perts say that feeding of com Is prob sbly on a larger scale than has gener ally been looked for. In this connec tion, it is pointed out, moreover, that there are good-slued areas where farm ers are not in a position to feed wheat on a big scale. Besides, some reports indicate that even in territory where wheat and com have both yielded a fair crop this season It Is cheaper to feed corn oaring to the prices asked for grinding the wheat. On the other hand, statements by Farm Board officials apparently Im plying that wheat price stabilisation operations will not be carried on after the 1830 wheat crop year has expired are bringing the grain trade face to face with the fact that July deliveries of corn is selling about 5 oents a bushel higher than July wheat. Under such circumstances, it is contended in some quarters that there will have to be a radical readjustment in trade Ideas either as to wheat prices or as to com. Meanwhile, a likelihood that feeding of wheat and other grain substitutes for com may be continued some months after harvest of 1931 crops has started is already being discussed, as well as the fact that mere will then be new hay and pasturage. Prices Stabilised. Inasmuch as all deliveries of wheat here except July have been stabilized at prices materially above a world parity, wheat traders say it Is not sur prising that public interest has focused on July. At present, July wheat ap pears free to reflect world developments until the outlook for the new domestic wheat crop becomes a major market influence, an event not expected for some months yet, and with intervening sharp competition between Canada and the countries of the Southern Hemi sphere. Oat prices are mainly follow ing the bent of the com market. To a great extent, provisions mirror decided downturns of the hog market. INSURANCE LAV? RULING Death in Tornado Does Not Entitle Relatives to Compensation. SPRINGFIELD, 111., December 13 (/f). —Death in a tornado does not en title relatives of the victim to compen sation from their employers, the State Supreme Court has decided. Faulty factory construction, occupa tional hazards and negligence of the company were not involved when nine employes of the Union Furniture Co. and the Rockford Chair <fc Furniture Co. were crushed under heavy water tanks during a tornado which struck Rockford September 14, 1928, the court held yesterday. Families of two of the men had sued for employers’ liability damages. The government of Ecuador will con tinue its street paving program for another year. STOCK AND BOND AVERAGES I Br tks AisoeUtcS Pr«M. SATURDAY, DECEMBER 13. STOCKS. 39 30 20 90 Industrials. Rails. Utilities. Total. Today - - 117.4* 90.8* 150.9* 119.1* Previous day 130.8 M. 3 155.8 128.5 Week ago 1*7.1 98.1 162.8 128.8 Month ago 129.3 100.9 167.5 131.5 Year ago 174.4 134.4 210.7 174.4 Two years ago 190.4 128.4 182.0 178.8 Three years ago, weekly aver... 143.2 123.0 124.2 136 7 High. 1930 202.4 141.6 281.3 205i8 Low. 1930 .... 117,4 90.8 150,9 119.1 High, 1929.252.8 167.8 353,1 253.5 Low, 1929 141.3 117.7 156.3 140.2 BONDS. - ■ W 1* 10 39 Industrials. Ralls. Utilities. Total Today 85.1* 97.7* 97.0* 93.4* Previous day 80.0 98.6 97.4 94.0 Week ag0........ 88.8 100.4 99.0 95.9 Month ago 89.9 104.5 99.4 97,9 Year ago 92.4 105.4 A8.4 98.7 Two years ago 94.8 lOfJ 99.8 Three years ago, weekly aver... 96.9 109.4 199.5 102.3 High. 193 t 94.9 109.8 191.4 X 101.9 i Low. 1930 95.5 97.7 97.0 \ 03A High. 1929 3 95.3 160.0 99.0 1 «9.9 Lew. 1929 90.4 100.8 96.0 l£.S • New 1930 tow. f (Copyright, 1330. Bttr.darO Statistics _ j FINANCIAL. specially noticeable In tubular foods. Automobile sheet orders are expected to increase sharply after January 1. The automobile industry is making a final clean-up of its affairs and there is every reason to believe that, as a result of the clearing up of old cars, the industry will enjoy strongly increas ed sales in the first quarter of 1931. Ceal Mines Active, The anthracite mines are doing ex ceedingly well and have done much through their courses of education in use of small sixes to put themselves in a sound position from a distribution standpoint. The bituminous coal mines are working, but not at capacity and not at a satisfactory margin of profit. - The oil industries’ position is growing better steadily, but its progress is as slow as it is steady. Competition is keen, but* the anticipated slackening of gasoline consumption has not been en countered as yet. The copper people are putting their affairs in order and the outlook for the red metal is encouraging. However, de mand for lead, sine and silver does not seem likely to rise to the point where even present production is warranted. Textile mills are doing splendidly and this tendency is also shown abroad, with orders coming in from England. Scot land and Australia for American tex tile machinery and parts. The demand for machine tools la being maintained steadily. The shipbuilding plants are, most of them, hiring Instead of firing men and the shoe lactories are busier than they were before the recent small cut in wholesale prices. Cigar sales are at their peak now and the cigarette manufacturers are winding up what has been probably their biggtst sales year. Car loadings continue_well below the level of December, 1938. • BUSINESS HELPED BT HOLIDAY SALES Trade Volume Compares Fairly Well With Last Year’s Figures. Special Dispatch to The Star. NEW YORK, December 13.—Seasonal tendencies continued to mark general business in toe last week, according to the reviews published by the mercantile agencies Retail trade increased be cause of toe holiday demand: while wholesale and Industrial lines slacken ed. Although holiday buying in only a few centers was equal in value to that of a year ago, it is stated that when the decline in prices is taken into consid eration the volume this year appears in a more favorable light. Outlook Obscure. Dun’s Review says in part:’ "The main attention now lies in .the probable future course of general trade. The early prospects are not clearly de fined, various uncertainties still render ing toe outlook obscure, and the per sistence of commodity price unsettle ment remains an unsatisfactory aspect. Even after rngny months of declining markets, the status has not yet been reached where other than isolated in stances of steadiness have developed, and the lack of wider stability obvious ly la an obstacle to progress. There is, however, a conservative hopefulness in reports from certain of the principal commercial lines, supported in some degree by tangible evidences of an in creasing Interest In forward require ments. "Specifically, one of the encourag ing trends lately disclosed Is the broadening Inquiry and demand for numerous steel products, while toe sub stantial gain in the unfilled orders in November has been helpful to senti ment. In that field, as in most other branches of industry, the process of regulating output to conform more closely with actual consumption is strengthening the Underlying position, although the full benefits are not yet revealed.” / Bradstreet’s says in part: "Wholesale and jobbing trade reports do not show any particular variation, tending generally to mark time, where as the disposition of industry to slow down is a usual seasonal development bred partly of the desire to keep In ventories down and partly because the reaction in industry in recent earlier periods has prepared manufacturers for some of the quiet noted. Retail Trade. “In retail trade the returns available for the short month of November look better on further examination. Thus, allowing that November was at least one day and in some sections two days short of a year ago, the decrease of 12 per cent from November a year ago In department store trade and of about the same percentage in chain. store sales must be regarded as partly bal anced by the smaller selling time avail able. The present month will, of course, tend to make up for some of this apparent loss, as December will have one day more this year than last. For 11 months department store sales snow a decrease of 7 per cent and «»>iki n store trade a decrease of 1 per cent. NEW YORK COTTON NEW YORK, December 13 (Special) —The downward movement in cotton prices continued today and a decline of over $1 a bale occurred in an un usually active market. Selling pressure increased as the ses sion progressed, closing the list at the bottom, with May at 10.10, a loss of 88 points from best figures of Mon day. Spots were reduced 25 points to 8.60. Cotton range: „ . „ Open, High. Low. Close December, old B*9 9.50 946 December, new.. 9.65 9.65 4 9.45 945 Januery, 01d.... 9.68 f.7Q 9.58 952 new... J. 70 970 953 9.53 October':'.;:;:!^io!el it*? ioio iS;toj Experimental radio broadcasting on a large scale has just been started in toe Netherland East Indies. A-15 LIVE STOCK PRICES SHOWING STRENGTH Seasonal Advances in Quot* tions Declared Greater Than Normal. ■Y FRANK I. WELLES, Associated Prats Pam Ml tar. Live stock markets, which had slumped in all categories, showed strength toward the end of the week, with the Nation,* supplies indicative of seasonal advanced beyond early expectations, though they may be retarded. The hog market, which suffered most under heavier receipts during the week, was 10 to 15 cents higher under the week end stimulus than the low point reached. With hogs in the country short in number and storage stocks rela tively small, some indications were seen the low had been reached. Lard stocks were at the lowest level on record. At the same time, European demand, in the face of heavy home production of pork and lard, was light, shutting off a considerable part of the market, which had the effect of pushing prices Feeding Situation. Despite this, unless consumer demand falls off materially, all indications seem to point to a greater seasonal rigs in the late Winter and Sprint On top of the cattle market, which was the steadiest of all categories dur ing the week, the feeding situation gav« signs there would be fewer fed cattlb marketed during the first three month# of the new year than was the case this year. Movement of stackers and feed *** 11140 the corn belt States has been lighter than a year ago. For the ftv| months, July to November, they wen# 12 per cent, or 180,000 head, small# *' * y . ear than lM *. Also, the bulk at i the shipments for feeding have been relatively late, with small shipment* during the first three of the five month*. In lambs, a considerable reduction I in the number on feed for market la all areas has been noted, with light# shipments into Colorado and Western Nebraska accounting for most of the decrease under a year ago. At the sam* time, contributing to toe belief that December and January marketings wffl be comparable with a year ago, toe number of lambs on feed in commercial feed lots In the Middle W*st was eon- I Bl< J2SJ? ly i£ r t® r than * y**r ago. i « December and January siar* l ketings of fed laipb*,wlll be at least as > large as for those months a year ago . » ;■* expected that from February* April next year that there will M a sharp decrease. Farmera Are Sailing. With livestock numbers reduced. In- I creased purchasing power on the pan ; of the public would increase prices Ordinarily good to choice short fed ■ yearlings would be well marketed At 1 [J? *“• <j». «»• at—dy mark— Short feds put in toe lot this Bute . £* r coming in heavier supplies. - Farnere without sufficient capital t 6 ■ carry the stock through toe Winter ■ months are getting rld of them bsf£jj toe price of feed gets too high to war -1 rant feeding for the Spring market. k P ? rk martcet has been influenced ; fact that choice lamb is low? with more appeal to toe pocketbook! 1 ,ta attendant effect upon toe live hog market. Cattle receipts for the week ward lower, 188,200 head at toe principal ■ markets comparing with 213,380 a weak i "uo son wf* 1 receipt! ware lower also, l 340,600 head contrasting with 388 024 menbwef I ***™* r » With Shlp^ • ments of 678,500 as against 606,019. DIVIDENDS DECLARED* NEW YORK, December IS (#). Renter. Jrc.Vikvyi,!? I };;■ jg: Amsr Hard Rub of 12 § tJTT’ 3 5? c am Nat Oa» a U pr.?|i{i § f g** A few, g i**- j S A» Brew (Can) pf li 75 § itS' ? R?? - « jSS: \ «t i Buston Insur Co. ~j« q J 3>3s-S:fe» I g \ §, OhicaS? “ntle** D Tr!s4 .9 g \' Colonr Knin pT.. q Jm! l §ss* 'I Conam Oas cr0r).52.50 Q Jan 1 fw - a §°cr«MYo I gy i ®dS? § M*/’Si UK-*- »wV»«r U J > V>C J dS Inc g-m f A» li DO «° n ./ ro ~3 l B S O° k g H g $ |}f 0 Pub Ser Pf.{l.7f S Q Jan' *} j!£ - Ellzab town. Wat..|3.J() sa Dee 2i w 4 tt El-c Secur ht ~.51.25 Q Feb *3 li Gilbert (A C) Co..Me ,7 Feb 18 Feb' S Do. conv pf...B7'Ac Q J»n j 25* J Gena Fella fna.. _4oc 5 ten! J te? tg Glldden Co pf $1.75 q j* n S nir S Hanover Bd A Mtt * “ (Hackensack) $2 q j. n • n- ,« Harris Tr 4 $ Bk. 4 Q Jan 1 ftJ? - a Horn AHd (PhD.sl.7s Q jJn - 1 Dee' 21 Hoover Steel Ball. |oc Q jJS 3 1 Howeufiee Mot A.Be G Dee' *1 a Ideal Cement Co.. ,75c q jJS } | intercolonl Coal pf.|4 sa j* n 2 Dee' 'A SB'. 1 ?, g.,"'*! 1 *• « « 1 BE' 3 | & 1 88:11 McKee 1 O 8.87 V,c 1 )ln'. 1 pis* B Metro Ice pf si.s s q Jan i fiSc IS M Do ro 7^ d^ t . Bkr § ftS’ 1 B J Mich Stl Tube nr. 32’ pc § jJS' } rw Mil Wholesale Dr..4oc q jin. 1 Dec So Moore Corp Ltd ..tec Q JiS 3 5iX 4 gd PfA *1.76 Q Jan. 3 Dec 16 Do. pf B tX.75 Q Jan 2 iw 1* Munt Tr <Waah).si.is S Jan! 2 Dec' 20 KBSB fSTJSr’- 8, 8 J “ ; • <Brld*eport) ..$1.50 Q Dec. 21 Dec 30 Old Col Tr Asao... 50c Q Jan 2 Deer IS Penn (W) T (Pit).*l.36 Q Dec! SI Dec te Peo Nat Bk (Bkly).fS Q j»n 1 Dec* 9 Prov de Wore rr,*2.60 Q Dec. 31 Dec" 10 PfovPan Ltd pf .$1.75 Q Jan. 3 Deeifftr Vy. I ™.* n?t 0 c §Ei | Retail Prop ($2 pf).7lc Q jJS: 3 EJet'M' Rlvsd Tr (Hart)..s3.so Q Jan. 3 Deo SI Sab Rob P in pf.t1.75 Q Jan. 2 Deo! Is 1 5*1 Am Shares —tec SA Dec, SI De£;il' - I Shaffer Stores Co..tec Q Jan 1 Dec! IS Do. 1% pf $1.75 © Jan. 1 .TV .ff ghawmut Aaan... .20c Q Jan. 2 Dae. ii 1 Slattery «c T) pf .1i.75 Q jin. f Dec te South Sh Bk (B 1) .$3 8A Jan. S Dee' i» Tenn CR 7 % pf. 18.50 SA Jan. 1 Dec U Tip Top Tail pr.if.Tß q jJn 1 sSt'IS -»* *1 1A&5& 9 srs. *s § &g;,f Bn Vlest Tablet da Q 1 jfi g, Willlmantic"Tr"co.Vsi Q Dee! Si Sac! U fairs. * Bk of PltU N A.51.60 .. Jan. 1 Dee. I* Bridsept City Tr. ,50c .. Dec. 30 Dec! 1 . Chi T ft Tr (Chi). .13 1 Sc | ; Conn Rlv Bank. .$1.50 .. Dec. Si Dee. ■ Dowineton Paper...|S .. Dee. 31 Dec 9 X Fed Tr (Newark).. .11 .. jan. f Dee! I a Fenton Un C ft D.il .. Jan. 15 Jan.-so , Ideal Cement 50c .. Dec. S 3 Dee. is Manchester Sav Bk £IM:: m m Sou Shore Bk <SI).$l .. Jan. % Dec! |g Initial. Addreaaocr Int n..|sc Q Jan 10 aajgaii.-iB.-di &st l te;B ■peelaL Bedweed. ■teek. Addreaso* 1nt.15 5-10% D*C 88 :: te# oautted. Baxer Share. 15c Q Due Jan 1 SSBiVShJHi '■