Oakland Tribune from Oakland, California on November 29, 1922 · Page 21
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Oakland Tribune from Oakland, California · Page 21

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Wednesday, November 29, 1922
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WEDNESDAY EVENING Oa&lantr Cxlbunt NOVEMBER 29, 1922 21 wm&M TEXTILE ILLS m iifincn ismv MIL UiiULII tini . - Northern Concerns Forced to Acquire Southern Plants to Get Cotton. NEW -YORK. Nov. 29. Only the tremendous volume of automotive business and the unprecedented Volume of Christmas shopping business by the Jobbers and wholesalers reported this week could obscure the Importance of the large move ment under way In the textile In tfustrlea Northern textile mill Interests are negotiating for the pur thass of southern mills. . In event teal scops these dealings may mean xpanslon and consolidation of cotton mills which will reach negotiations of national Importance. - Non-dividend - cotton mill property which have been barren for everal years to, their stockholders are In position to pay dividends from successful operations of the last quarter of 1)22. The more prosperous plants are preparing for stock dividends to avoid exactions f federal taxes and recent rulings f the Internal revenue department. The Martel Mills of Now York announced the purchase of ten southern mills In Georgia n-nd the Carolina, and many southern plunts mad simultaneously announcements of ambitious plans of expansion. The reason is plain. The southern mills, knowing ths spot cotton shortage was coming, covered their qulrementi In time and are now reaping the benefit. An announcement of the purchase f ths Midvale Steel and Ordnance ompany and ths Cambria Steel ompany by the Bethlehem Bteel Sorporatlon was anything but unexpected. In fact, financiers and IV'all street wondered why there was so much delay In consummation of tbs plan, In view of the very well known attitude of the Federal Trade commission, which was based on the Clayton act. The Very fact that the reorganization and merger provided for acquisition of the plants and ot:.er physical assets of the Midvale and Cambria companies, without specifying acquisition of stock, clearly brought the merger within the requirement eo often laid down by the Federal Trade commission. The commission lias always held that acquisition of physical assets did not. Further encouragement of the Industrial situation is seen In the universal reduction of coal and coke prices all over ths United States. Production has more than caught up with demand and the railroads handicapped' In respect to other shipments have been able to pour a volume of coal Into retail markets which has been sufficient to more than meet requirements. Hardware all over the country Is In excellent demand. This is especially true of builders' hardware, but supplies for farm requirements have not been a whit behind. The south has signalized this demand by an especial rush on the retail markets. Building operations have been so extensive as to require formation of new building and loan associations which have been chartered in unprecedented numbers In the last two weeks. NEW YORK BOND MARKET (By Auociated Press) txctusiv to OAKLAND TRIBUNE loon s. 77H IS. 85H ... 9 8s. 17 ( 100 ina mil T2H 72 7 1i 78H 77 78 lot 90 BUSINESS TOPICS 'KANSAS eft. Mo,".' Nov.T. The St. Louis & San Francisco Railroad company is expected to start construction of lS6 miles of new track In Oklahoma, touching new oil and. coal fields in Craig county and adjacent territory before December SI. PITTSBURGH. Pa., Nov. 29. Transportation conditions have improved sufficiently to permit shipments of steel and other products to keep pace with production. Embargoes on the Pennsylvania are expected to clear the (situation on that troad In a week or ten days. COMMUNITY NEWS CLOTIIIXG. itOUSTON, Tex., Nov. 29. Women's ready-to-wear clothing has declined In price to nearly the level of piece goods and the volume of sales Of suits today has-increased In consequence. Wholesale dry goods houses today report a big .Increase In orders In this territory since the cotton has been marketed, Collections are good. NEW ORLEANS, Nov tS. Advance sales of factories manufacturing summer clothing are far ahead of any previous year. All such factories' hers are today assured of operation on full time for months to come. STEEL. YOUNGSTOWN, O.. Nov. 29. Steel Operations In the Mahoning valley continue at about 75 per cent of capacity. Independent manufacturers reported today that the labor situation has been relieved to some extent by the Influx of men from the outside with the arrival of cold Weather. lA'MDER. KANSAS CITY, Mo., Nov. 29. Buying of lumber In the rural dis tricts of the middle west today does rot compare favorably with the sales. In the cities, Building activities are largely confined to the urban districts. WOOLS. PHILADELPHIA, Pa., Nov. 29. The local wool market is quiet, but very firm today. Bonded carpet wools are being gradually removed from bond for use. Woolen yarns are active with orders extending for delivery to the end of the first quarter of 1923. . HIDES. SEATTLE. Wash., NoV. JJ. Shipments of hides from this section are going to the east coast by rail this fall In preference to the water route via the Panama canal, which was favored a year ago when hides were selling at four cents and were hard to move. PRODUCE. GRAND ISLE, La., Nov. 29. The cauliflower crop here Is the best In years and plants are beginning to head. Shipments to northern markets will begin shortly. DRY GOODS. BOSTON. Nov. 29. The stockf of roods held by the leading ronton department stores today are below normal for this season of the year, but retail trade Is extremely active. LfMBRR. FORT WORTH, Tex.. Nor. 11 L4mb4--.men. -today -reported, iacreaa. Ing trade, especially in the small towns where construction of homes, has been resumed. NEW YORK, Nov. 29. Following are today's high, low and .ojonlns prices of bonds on the Neve York Stock Exchange and the total sales of each bond (In tinno): V. I. BONDS. Sales High Low Close 2 Liberty tHs.100.14 10ft. nj 100.08 1 Do 2d 4s.. 17.(0 97.60 97.60 t2 Do lst4W,S. 98.8) 98.14 98.83 209 Do 2d 4 Vis. 97.84 97.66 97.84 809 Do td 4 S. 98.40 98.26 98.40 655 Do 4th 4 98.08 97.94 98.08 100 VloJHs uno.100.26 100.24 100.26 45 Do called.. 100.02 100.00 100.00 609 Treas 4 Ms. . 99.42 89.82 99.41 26 Argentine 7s.lOo4 , 16 Bordeaux ' Is. 11 2 Chrstlanla 88.108 40 Cotinhgn 5s. 90 26 O Prage TVss. 72 4 T.vnnn 6a T7 t Marseilles 6s. 1VA 6 R Janeiro 19 Tokyo 6s IK rt.nh.DtAW 8 TVinlBh Mi. SalHT f 1 Dept Seine 7s! 86 8 Canada 6MS..101 61 Do 5s 99U 18 Dtch K In 6s. 94 24 Do 6s 1962. 9284 96 French 8s;... 98 140 DO IM ... 94 4 Hoi-Am L 6s. 84 21 Jananese 4s.. 80H IS Do 4Ms ... 98U 48 Belgium 7s.loot 3 Do 6s 954 - 44 Denmark 6s.. 98 14 Italy 6H" 9SVi 63 Netherlnrts 6s. 98 7 Nnrv.v X ..110 10 Swell on Urn . .109 10"4 87 P-L-Medlt a 724 Hi 19 Bolivia 8a ... 9"U 9 26 Chile 8s 102T4 102tt 102H 7 Uruguay 8s.. 102108 IOS14 8 Quensland 7S.108 108 108 8 Do 6s 100 ti lOOtt 100H 10 Pan Paulo 8s. 98 98H 98V4 RnrUa CVvn Rill'U 11V. 11tl'. 115 British 6s.. 11094 110H 11015 IS VO 68 'J7.11S 87 Brazil 8 97U 85 Do 7Us ... 94 H 24 Do CPS 78. 87 10 Mexico 6s ... 48 it rv ll .... isu RAILWAY Aim MISCELI,4F.nrS. A Am A U 78.1HZH I02hk 10ZH 41 Am Kmelt 5s. 92'4 92 92tf is Am puar es.ioi 1 Am T ft T 08.114Ti DO COl 68., 97 Do col 4s.. 91 95 95 6!tt 69 H 87Vs 87 107 107 m 85 4 8514 100 'i 101 . 99 H 99 93 H 93 H 92H 92 97 97 92 92 84 84 80 80 98)4 91 100 1(10 ij 95H 954 984 984 93 4 93 4 96 98 101i Iflfia; 105 72 nz 1Z4 96 87 924 934 84 86 48 48 t. ti ' it T 4 1 2 44 7 5 8 8 19 89 1014 101 114 1 87 Am W Pan 6s. 83U E 5s. 83 90 4 83 834 75 90 89 i ST 014 iis 834 83tf Am Wt An Jur W 6s. 76 ArmmiF A U. m OA ATA KFe"4s. 8) do aaj 4s.. 8i Atl C Linn 4a. 87 B ft O 6s ...lOOU 100 Tin rv IU Sflli on 10 Bel Td Pa 7a!l08 ins 8 Beth Steel Ss. 924 92 4 17 Tin n m Ka 00 li 09 1 BVIvn Eds 78.107U, 7(17U 1MU t Bklyn R T 7s. 884 88H 884 2 Can North 7s.111 l'i inn 83 Can Puerto 4s, 794 79 73 ll Cent of Oa 6s.ion ino inn 4 Cen Lethr 5s. 984 984 984 8 Ten Pacfli 4. 85 654 8S -t i tfrro ae r es.iz 80 C A O CV 5 . . 92 18 Do CV 4Hi. X8U 16 C A A JUi .. SHU. 76 90 894 81 87 100 80 4 108 92 924 1?' 91 88 2 524 994 79 69 5514 SI IP 58 994 79 50 70 .66 til 14 Do 8s 68 ICRJ'Oli., 9 6 C & E III 5s. 80 29 fhl f?t W 4s. 60 10 CJ'StP 5. .. 70 61 Do cv -7 : & 1 ' Tin , 1; . 11 if 1 P V W In. 1A7SC fniU 1ftTt 40 Chi Rwys 6s. 77 764 76 6 C R I ft P 4s. 82 81 82 16 Do rf 4s . . 8'? 82 82H 2 C A W Tnd 4s. 74 74 74 105 Ch'le Cop 7s.in 110 1104 47 Do 6 98 95 954 . t Col Inrtns Ks. 78 77 78 1 Col ft So 44s. 85 85 8S i j w n ns. nr H7 I C Coal Md 6a 83 88 15 Ctiha C Su 8s. 89 88 4 cm RR 7V-S.104 103 97 88 lol 474 73 103 86 49 90 1074 101 93 65 101 98 21 Cuba Am 8 8s.l07 106 21 Del ft Hd 5s. 96 96 81 D ft R O 6s.. 47 47 1 Do rnn 4s.. 73. 73 6 Det Fdinn Ss. in 10? 1 Det U R 48. 85 85 2 Distill F-c 5s. 49 49 16 Donner St! 7s. 90 KK 81 DuP deN 74s.107 107 14 Diiques Lt Rs.in$ 102 28 Fm OftP 7Us. 98 9!4 VI Erie pr 1 4s.. 56 6S4 234 Do XfTl 1 4s. 44 42 9 TJ-ra I D 78. 87 87 15 Hnodrch 6V-s.l0t 100 17 Gpodver T 8i. 98U '7; 10 Dn8s 1941.115 114 114 9 Gd Trunk 7s.in m m 16 Do 6s .....10" ins in 77 Gt North 7s.H0 ini4 ir!)4 43 Do 5'-s ...ini lnnu lnn iz "a ft m ns. . 80 Do adj 5s.. 5" 19 T-t,bie O ". 97 111 Cent BHs.im 20 Do ref 4s .. 85 8 Ind Bt-el 6s..loo 1 jntrn-M 4V.L 11 96 74 74 48 60 29 lntrb RT 7s. Do r-f 5s . . 84 58 97 101 8r.H in, 95 74 47 89 84 85 4 77 81 4 68 97 ini 85 96 74 74 47 80 86 85 77 82 101 90 77 46 83 Do 5s ctfs. 5 Tnt ft N s I Int M Mar 6s 84 Int Paner 6s. 81 5 Towa Cent 4s. 36 2 KC FtPftM 4s. 77 25 K C Term 4s. 82 8 Kelly-S T 8s.105 in4 1 ibck Kteei 6s. vn 45 Lorillard 6s.. 96 17 L A N W 6s.. 77 13 L ft N 58 ..103 10 Do un'fl 4s. 90 13 Magm Cop 7s.lll 1 Mana Su 7s. 97 19 Mkt St Rv fia. SOU 2 Mrlnd O 7s.l03 103 103 9 Mich Cent 4s. 91 91 91 81 Mldval Stl 6s. 89 . 88 " 89 8 M & St L 6s. 85- 84 85 4 MStP&M 648.103 103 103 7 M K & T 6s.. 96 86 86 20 Do pr 1 6s. 83 82. 82 208 Do adl 6s.. 69V, SSSi fill.-. Eft T-i n . it .T T I ' . ov ma xuc.iio db. vn 04 89 4 96 76 V. 103 103 90 90 110 110 97 97 90 90 18 Do aen 4s.. 62 98 62 98 76 98 62 66 8 77 7 Mont Pow 5s. 55 51 NEng T&T 6s. 98 23 NnTMr K 11 A N Y Cent 8.104 103 104 124 Do Imp Ss.. 96 96 96 zs ki Edis 648.110 182 NY NH&H 6s. 72 U N JjTel 6s .,105 ?2 IT" s, 93 !f you sea it la The TRIBUNE tell them so. 19 6 Norf Sn fi unit Norf ft. W 6s.ll4 19 N Am Ed s 6s. 93 82 Nor Pacflc 68.108 li R ,mB 6g-' 7 82 No Bt Pow 5s. 81 6 No Bel Tel 78.1074 2 Ore S Line 4s. 914 f Sr.wR N S MteJ l " Pao Oft E 5s. 91 41 Pen RR 6 48.109 l Do gen 6s.. 100 ,i ? & B e. 27 10 Phlla Co 8s.. 100 Por RL&P Bg. 5 J Pro ft Ref! 8s.ll7 1? Reading g 4s. 84 19 Rem Arms 6s. 95 15 RI AI, 4 s. 78 1 StL IM&So4s. 84 77 St L & S P 4. 71 47 Do ,aj 6f)i n H b.H0 ln5 6--22 St L 8 W 4a. 774 2 SnAntftAP. 4s. 74 4 Seabrd AL 6a 88 Do adj 6s., 23 JJ Do ref 4s .. 89 .4 Sharon SH 8s. 98 u 48 Sinclair O 7s.looi inn 109 110 71 71 104 105 93 ,93 V, 42 - 60 - tnr 118 113 93 93 107 107 96 97 84 85 91 91 107 107 91 U. 91 u 914 108 100 21 99 84 117 85 ll 78 70 it 77 74 I 88 96 24 Do 54s ..inn .5 1 el Te' 5a 98 28 So Pacific 4s. 91 71 Do ref 4s .. 85 46 Do col 4s.. 85 '? ?? jHioi 1 Wabash Ss .. 98 1 West Md 4s.. 62 - ' w .1. -Ofi OA 12 Wstghs El 7s!in 106 95 90 85 84 100 96 62 S3 81 92 91 109 100 91 27 99 84 117 85 , 83 95 ll 61 77 74 68 96 10n 98 ll 101 96 62 82 109 108 V9 84 Wilson 7 8.. 104 103 104 46 Do cv 6s .. 95 93 93 Total sales of bonds today were $10 898.000. compared with 810,861.-000 the previous day and 124,17,00(1 a year ago. ITIIW ADOilllT Ll HOLIDAY DL11 Buying Speeds Up and Re-- eult of High Wages Seen in Big Cash Receipts, BY C0KB0IT'M,ir P"e. ' 1 . By J. C. ROYLB. NEW YORK, Nov. 29. Real holiday buying has begun. Stores all over the country today were full to SLIGHT CIDE FWElTEjIS Trade Balance Im provement; Issues of Notes Shows 12,000,000 Drop. A few favorable factors In the Japanese economic situation are re ported to the Department of Commerce In a cable from Commercial Altaeha James F. Abbt. t. at Tokvo. overnowmg wun customers ana iTnei9 ,re! An Increase In the fa from this time on merchants count , voraDi, trade balance from 14,800,-on a steady flow of cash Into their 000 yen (n Beptember to BS.9no.000 cashiers' cages. The merchants still yen jn October, a decline of 12,000.-belleve In Santa Clans, whatever 000 y4n , th, utatandlns; note doubts the youngsters may have on ,gBd4i , decrease of 1 per cent In the subject j tn, COit 0f llvlngr ..nd a lessened The psychological effect of nigh number of labor disturbances. Busl-wages Is plainly In tvldence as well nei generally, however, continues as the added purchasing power AM and an accentuated depression which the high wage scales have,,n tI), col;,n v8rn market has In-made Available In actual cash. One crtaM(j the -rent of uneasl-striking feature of the buying trend BeM x of today Is the demand for house Th, ieCond official forecast of the furnishings and adornments. 0n'fIc6 crop place8 the probable yield one day In the last -week the salea at to,684 000 koku. which Is nearly of Arnold Constable A Co.. a de- io,ooo,000 koku less than the first partment store here which makes a 'egtm,aa but 6,400,000 greater than specialty oi xurnuure ana nouns- laBt year'a harvest, hold goods, were more ten double j Tha chlef imDOrts of October the previous high record' single day's business. for were raw cotton, valued at 18,110,' 000 yen, machinery 7,160,000 yen, Shirts and gloves are holiday i,lmK,-s sm.nnn in. har iron lnaots standbys and are selling In tre- ani alRbg -,320,000 yen, dyes 2,830,-mendous volume. Por the first time 000 yen and wooien textiles 2,710,-In some years there Is a strong de-, The maln Mp0rts were cotton njand for silk shirts, although the textiles, 19,900,000 yen, cotton yard gaudy stripes of former years are jo.690,000 yen, silk textiles 8,890,000 not In evidence. The shower of yen( anil S9 eoo baleg 0f raw silk, neckties which descends on the of whlch a6 000 went t0 the United average American on December 25 gtates will be heavier than ever and . visible stocks of raw silk at the chosen with even worse taste thanl4na of October were 48,600 bales, usual, according to present Indlca- about the same as at the end of tlins as to color ichemes. 'September) cotton yarn stocks. 82, The holiday trend Is plainly -9() bales, were also about the same shown In the tobacco factories. ag at tht an(J of September, but Production of cigars, especially of ..took, 0( cotton textiles were resiles and brands suitable for gift duced rom 75000 bales to 67,000 purposes. Increased to 698.940.778 In bftlei stocks of pig Iron at the the last month from 635.807,697 for end of October were 179 000 tons the corresponding period last year, compared wltV 188,000 tons at the Clothing salea are Improving and ,na of September, so Is cloth manufacture. The cot-, Mla learners on October 15 ton spindles of the United States wsra reported a8ll9 with a gross are working at better than 99 per tonnaBe of 84,000, compared with 2C0 cent of capacity, prices are firm ,Uamers, gross tonnage 82,000, Idle despite the trend in England where on Soptember 15. 2,000,000 yards Of tweeds and serges , The petroleum market shows some and 6 000,000 yards of cotton cloth B,Kng ot ,lfe after a lon(J perlod cj from the superfluous stores for dls- dullnegg. The automobile market charged soldiers have Just been u moderateiy active The Vegetable thrown on the market t prices oU market la improving. unuer xne cusi ui repiic-t:nicin. hi present quotations for raw materials. Automobile body builders are actively In the market fr raw materials, but competition among auto manufacturers now Is becoming so keen that recent high prices are cutting off buying in some Instances. Cotton goods are moving In good volume and mills both In the south and In New England are extremely busy. Sporting goods are active and are being heavily purchased for the holiday season. The Industrial activity of the country Is reflected In the call for work clothing and dealers who carry those lines already have placed orders for large spring deliveries. The market for hides Is slow and prices are high. Leather also la slow, but prices In the tanned produots d not reflect the advance In the raw hides. Lumber production Is at a new high mark In the Northwest and new business la gaining on production. EASTERN MARKETS COTTON MARKET I CHICAGO. Nov. 29. Fresh upturns In the value In wheat took place today during the early dealings, unfavorable harvesting conditions in Argentina beinf reported and the Liverpool market showing further gains. Besides, new export business by way ot the gulf of Mexico was' noted. Bulls made capital, too, of assertions that although the domestic winter crop outlook had been helped by recent rains, the acreage was likely to prove the smallest since 1916 and the condl-tinn r.mnlniiil low In the Decem ber government report. The opened which ranged from 4 to o higher, with May 81.18 to 1.16 and July 1.07 to 1.08, was followed by material further rains. 1 Corn and oats sympathised with the, wheat advance. After opening unifhanired to iU,c hlKher. Way 7UV, to 70c the corn market sagKed a little ana tnen scorea a moaeran ir.riAi.l nnturn. Oats started o off to C advance, 42 to 43c. Later, all deliveries were above yesterday's finish. Higher quotations on hogs gave a lift to provisions. CHICAGO. Kov29. HOGS Receipts. 24,000. Market, lOo up. Bulk, 8.108 33; top, $8.60; heavyweight a 8.15 8.40; medium weight, I8.25gl8.4u; ngnt weigni: NEW YORK. Nov. 29. The cotton market opened steadlor at an advance of 4 to 8 points today. Deal Ings were not large, consisting of trade and Liverpool buying on the nni. hand anA southern and New Orleans selling on the other. The ; 88.25i&i8.40; light lights. 18.40 8.60; list later advanced about 15 points over last night's close where It met considerable realizing. The close was firm at a net aa vance of 6 points to of points. Opt. Open. Jan. ...... 25.36 March ...,25.35 May 25.31 July 25.01 Oct, 23.88 Dee, ......20.85 25.50 25.38 25.09 23.38 25.35 25.34 . High. Low. Close 25.45 25.15 25.29 25.20 25.10 24.79 23.34 26.14 Mtds., 25.45, quiet. Spots,, up. LIVERPOOL, Nov. 29. Spot quiet. Prices steady. Sales, 6000 bales. American middling, fair, 15.42; good middling, 13.85; full middling. 14.87; middling. 14.77; low middling. 14.47; good ordinary. 13.87; ordinary, 18.57, Futures openea quiet! MONEY MARKET FOREIGN EXCH.4P.GB Reported for THIDCBfE by CENTRAL NATIONAL BANK. Alsace-Lorraine, 100 francs.! (.92 heavy packing sows, smooth, 27.50 W7.80; packing sows, rougn, ti.ev 07.60: pigs, J8. 25 8 50. CATTLE Receipts, 11.000. Mar a net decline ket, strong. . Beer steers jnoice anil nrlm. 81 2.50 (ft 1 3.60: medium and. good, $9(911.50; good and choice, 12 2513.46; common and medium, $7ffi11.50. Butcher cattle 25.23 1 Hoifers, $510.50; cows, 4 W b; 24.94 bulls ii.SOftl. Cannere and cutters 23 84 ' Cows and heifers, 2.503.60; 25.26 joanner steers. $45. Veal calves, light ana nanayweigni. bii.iu; feeder steers, $5.60 7.75; stocker steers, $5 (ff 7.65 ; stocker cows and heifers, $3.606; stocker calves, $51.25. Western range cattle-Beef steers $59; cows and heifers, SHEEP Receipts, 12,000. Market, strong. Lambs, 85 lbs. up, 13(S15; lambs, culls and common. $9013; yearlings, $1012.60; yearHng wethers, $79; ewes, $78; eweH, culls and common, )2.605.50; feeder lambs, $13W14. Austria, 100 kronen. Belgium, 100 francs Bulgaiia, 100 levs.. Canada, 100 dollars Gt. Britain, fl aterling Csecho-Slovakia, 100 kronen Denmark, 100 kroner Finland, 100 flnmarks. . France, 100 franoa. Germany, 100 marks ,. Greece, 100 drachmas.. Holland, 100 guilders ,15 (.38 , .69 Par 4.62 3.18 20.48 2.66 (91 .01 1.51 CHICAGO. Nov. 28 Hogs Re-ceipts, 48 000 head; market, strong; bulk, $7.90(ff8.20; top, 8.30; helvy-weight, $8.00i8.25; medium weight, $8.108.30; light weight, $8.10 8.30; light lights, $8158.30; heavy packing sows, Bmooth, $7.507.85; packing sows, rough, $7.2007.45; pigs. $8 008.4O. Cattle Receipts, 18.000 head; market, strong. Beef steers: Choice and prime. $12.60318.50; medium and Bond. 89.00(0)11.75: good and i choice. 112.50(313,35: common and 89.62 medium, $7,505 11.50. Butcher cat- Hungary, 100 kronen......... .04 t i'e f rf.', D .Yo1 7Un: W Italv 100 lire .-. (.91 J $4.0008.00; bulls. $.607. 00. - Can- V.fra Rlavlfl loo' kronen 84 , ner8 snl cuttersf Cows and heifers, i"??.5.lavi?; t.-Ionn" ca ' 2.606 3.60; canner steers. $3.50 VtonZ'm Polish marki::: .3(1. V.?l calve., light and handy- nort..rl. ion oi,do 4.83 - I ':.': Rumania, 100 lets, ....... . .64 Serbia, 100 dinars 1 37 Spain, 100 pesetas... 15.42 Sweden, 100 kroner......... 28 97 Switzerland, 100 francs..... 18.63 Syria, 1 sterling. ' 4-54 Hongkong, 100 local currency $3.60 , Shanghai, 100 taels. ........... 7125 Yokohama, 100 yen ......... 48.87 India, 190 rupees 80.23 NEW YORK, Nov. . 29. Foreign exchange, steady. Great Britain, demand, 4.51; cables, 4.61; 60-day bills on banks, .49. . . ... France, aemana, i n; caoies, e.su. feeder steers, 85 507 75: stocker steers. $5.00 7.65; stocker cows and heifers, $3.50 if' 5.00; stocker calves, $5,0017.25. Western range cattle Beef steers, $5.00 3.00; cows and heifers. $3.00 6.00. Sheep Receipts, - 15,000 head; market, strong. Lambs, 85 lbs. up, $14.00 14.76; lambs, culls and common, $9.00 12.60; yearlings, $10.00 12.50; wethers, $7.0009.00; ewes, $7.007.76; ewes, common and culls. $2.O05.00; feeder lambs, $13,000 14.00. WHEAT. Opt Open. High. Low. Close Dec. 118 119 118 119' Italy, demand, 4.70; cables. 4.76. May-.. H6i 1179 116 117 Belgium, demand, (.36; cables. 8. 86. Juiy ,..,,.107 108 107 108 Germany, demand, ..91 i . cables. , .VI O-IO. Holland, demand, - 89.54;- cables, 89.57., -1 ' - ... .... . Norway, demand, 18.54. Sweden, demand, 26.91. .' Denmark, demand, 20.38. Switzerland, demand, 18.59. ... , Spain, demand, 15.37.' ' -' Greece, demand, 1.44. r Poland, demand, .00. Czecho-Slovakla, demand, 215. Argentine, demand, $7.11 t ' -' Brazil, demand, 12.62. ' Montreal, demand,. 99 8-88. .. . ; NEW YORK." Nov. 29 Fo-efgn bar silver, 64; Mexican dollars, , . . , 4-..v, 1 NEW YORK, Nov. 29,-CaH money, firmer; high, 6 per cent; low, 4 per cent: ruling rate, 4 per cent; ctoe. Ing bid, S per cent; offered at 6 pog-MPt; .last. Joan. 6 per ccDt.ca'l loans .against acceptances, per cent. Time loans, easier; mixed collateral, 60 to 90 days, per cent; 4 to I months. 40S per cent; prime commercial paper,, 4 per cent. - - , . CORN. -', '. 1 71 71 , 71 ........ 70 71 70 1 .70 C9 70 (9 70 . OATS. 43 44 43 43 42 43 42 43 ....... 29 40 89 29 RYE. . , 15 83 14 (4 80 87 26 87 i ' LARD. " . -':". ........ 10.40 10 40 10.35 10 35 SHORT RIBS. - ..... M5 Ped, May July Dec. ' May Ju'r u De May May May Sheet Steel Plant Planned -in Detroit DETROIT, Nov. 2. - Construction Is to be started Vn a new $1,000,000 sheet steel ph. nt here. TfaaraoaUy--orgajiiail I'trhlgan NEW YORK CURB MARECET (By Ataociated Prc.). Exdngive to OA RLAND TRIBUNE tlons on the New Y Ik Curb market today were as follows: IN D V8TH I A LS. Sales High Low Close 650O Acme Coal.. .61 .66 .66 8000 Acme Pack.i .87 .85 .35 30 Am Lt & Tr.lS8 127 138 100 Atl Fruit Co. 1 1 1 1000 Bradley F P. .15 .1$ .15 100 Iir Am Tob. 20 20 20 200 Bklyn C RR. 8 8 $ 300 Buddy Buda 1 1 1 600 Car Light .. 1 1 1 200 Chi Nipple.. $ ( "I 200 Col Emerald. .61 .61 51 2900 Cont Motors, 11 11 11 100 Dubller C R. $ 8 8 $400 Durant Mo.. 59 69 89 20 Gt W Sugar.$12 $13 $12 100 Heydn Chm. 1 1 1 100 Imp Tohaoo. 16 16 16 100 Lehigh CS.. 78 78 78 , 100 Llhby MnN.. 1 1 1 800 Mercer Mo.. 2 2 . 2 joo No Am Psp. 1 11 700 Peerless Mo. 65 65 (5 22nn Philip Morla 20' 19 19 2SO0 Radio Corp.. 8 8, $ 122 - 100 PM ' 2' 800 South CI.. .85 .82 .83 800 stuts Motor. 15 15 IS mo Fwlft Inter. 19 19 19 i ecn rron.. 6 fi"S "o Ton Pro Ex. 6 50 Todd Shlnvd. 60 100 IT s niatrih i at SOfnn T'3 I.t Ht 1 2 un v unarg. s 6U (0 (0 1 1 1 1 6 6 ..117 ? R.Canrty. 6 6 B H 22!inn Wayns Coal. 2 2 2 ivu vv miner mo. inrt in'i ljnn Camhei s pf.m7 in in: j .., i.iu iani ins ins - m Rwy. $1 61 51 inn ' 10 . mum uwy, ei v. inn pif'h Av Bs. 8 8 8 ' in w su? pr.in7H in7 MIK Fle p"b.- lo in-s Phoenx IIos. 83 83 93 100 Tmkn D A!. 10 io . . STANDARD OILS. son Anrlo Ampr, 19; 40 Buckeye PL. 85 60 Crescent TI 43 ?0 Oal S'gnnl.T 66 10 Illinois P L.16J v 23 Tndlnna P L.110 4 4no Nat Trans ..25 10 Northern PL.1'9 ' 150 Ohio Oil ...24 m Prntrle O 0.675 120 Prairie P L.35 10 Smithfrn PL. 98 iunn stPd O Ind. .116 850n Do Kn n,H7 10 Do N Y.,6'7 '10 Varum Oil. .619 10 N Y Trnslt.2n8 20 Pnwut Penn. 66 snn Stnd O Cal.. 68 mo Do Kan .. 42 6"i0 Do N J ... 80 Sinn ro N Y.. 461 jnnn Aiiiod oil .. .02 isooo Boone 04 , 19 19 83 8.1 . 43 42 66 66 111 11" i 163 m -107 108 24 ?5 119 119 280 24 675 s.75 (03 $nK 98 98 118 115 111 116 57 6'7 619 1 2"3 28 66 66 66 6 i 4? 45 i 38 . 89 , 45 45 I 88 $9 OILS. I .02 .02 I .02 .04 gains 300 6ii0 600 20 100 100 1000 8100 100 1100 2O00 3000 4000 $onn 100 700 4400 100 2B0O 200 (800 , 800 4400 20OO ison loon 6nno 17nn ino . 2nn 8nn linn 600 6000 iunn 12000 son lion loon 1000 500 60ft lnoo lOno loon 900 2000 isoon 100 500 82ff0 12on mo 15000 inno 6ono , ion jnon nnnrt 4nnn 4000 innn loon 2nnn 2nn 2ino 700 200 $on 8onn 2onn innn innn inno ?non $oon 600 High Boston Wyo. .92 Br Control., 20 Carlb Syn ., 4 Cities Serv..J!3 Do Do ml Kngl Federal .... .85 OMllland ... 2 Glenrock ... 1 Gulf Oil ... (3 Hudson 12 Inter Petrol. 21 Keystone K. is It ctf. 18 18 16 Inlon .. 7 7 7 n I'etro. .11 .16 .18 Klrby Lyons Mammoth ., Mararalho . , Marlnd Mex. Merrltt .... Mexico Oil., Mtn Prod .. Mutual Nobis ... ,, Omar ... .. Pennok .... Red Banks.. Salt Creek .. Do Con , Panulpa Ref. Feahrd O O. Shell Union. 10' 1 16 11 .22 1 a 19 10 $ 2 Low .92 20 4 183 .82 8 1 62 .12 irA M 42 16 .92 16 102"2 h 19 10 CI.'- .81 20 4 IS3 Slmms Southrn PR. So States ... Texon O L., Tiirman .... Wilcox WnMhttrn ., Y OH & Ons. Latin A"r: WINING. Atas-Br C M.-I Belcher dlv. .0t Big Ledse. . .06 Bos A Mt D. .05 Do Con ., .57 Cnlumet & J, 11 11 .12 16 .35 1 6'i .12 .08 .58 Candelarla. Cnnario ... Con Copper. Cop Cnayon. Cork Prov. . Cortes Sllvr. Denn Cm .. Divide Ext., Dolores Ksn. Drydn Gold. Kl Salvador. Kmm Sllvr. Furek Croes. Fort una ... Gold Consol. Gold Deep., Gold Floren. Hard Shell. Harmlll Dlv. Heels, Holllngef .. Howe Sound. Ind Lead M. Iron Rloaom. McNftmara. .. Do Cr-cnt Varsh M C. Nat Tin ... Nev S Horn. N Dominion. .85 J 8 .17 1 s, .89 .11 h .02 22 .14 .06 .09 .11 .05 .0$ 9 11 IS .25 28 .08 .06 .09 .24 .02 1 . US .11 16 .34 i 1 S .13 .08 .5$ S .01 .06 .05 .55 11 .35 2 8 .16 1 , 2 .39 .11 ' 2 9 .03 .03 22 .14 .06 .09 .11 .05 .0$ 11 2 .24 26 .08 ,n6 .09 .24 .ni .83 8 1 (3 ,12 2n 23 vt .69 42 16 4 7 1 16 10 .22 19 10 2H io5t n .12 16', .34 1 5 .12 ,08 .68 t .01 .06 .05 .55 11 .35 2 .17 1 2 .39 .11 2 9 .03 03 23 .14 ,06 .09 .11 .05 .06 9 114 8 .24 28 08 ,o .09 24 .02 1 Sales High Low 300 Nlplsslng ... 6 8000 Ohio Copper. ,i9 .31 100 Bay Hercul. 1 1 lnon Silver M Am. .20 .20 2000 Spearh-ad .. .04 .02 6000 Standrd S I 25 25 1000 Ptewatt .... .06 .06 100 Ton Belmont 1 1 600 Ton Divide. . .73 .73 300 Ton Exten.. 2- 2 600 Ton Mining, 2 2 1 1000 US Contlnt. 19 19 1700 Vn Eastern. 1 1 100 Crystal M .. 1 1 200 Jerome V Id. .20 .10 7000 Blrhmond .. .29 .27 1000 Ruby Rand. .27 .27 " HOND1. (Sales In $1000) 1 Allld Park 8s. 84 84 1 Am CAE 6s. 96 94 2 Am L T Ss.100 100 16 Am T T 6s.101 100 10 Anao Cop (s.100 100 4 Do 7s ...;.102 102 1 A Am O 7s.1"J 103 1 Armour 7s ..104 1"4 2 AM Gulf 5s .. 52 63 23 Beth Steel 7s.m4 inj 2 Do 7s 1935.105 in? 1 Can N Rv 7s.in9 109 1 Cent RteM 8a,105 10fi R Col Graph 8s. 25 25 SCO BMt 6s. 99 98 1 Do 6s 105 10J 21 Cn Textile 8s. 99 99 1 Ton Fx As 8s.mi mi 5 Pet C Gas 6s.innv. mn 13 Onlf OH 7s . .ins io- I Hood Rub 7s. 98 98 80 Infrh R T 8s. 9 9 25 Do Ra etf .. 96 ,96 1 ITsn GE s. 96 9S 10 K C PT, 5s. . 90 90 2 K C T-m s ina inn 5 I.ncled Dn- 7s.101 mi 2 Llbbv MN 7s im im 1 T.ir-Win 7s.lor, ins 9 Mnfcm Cop 7s. 95 94 81 M-rtnhs 7..10F; insi'i 2 NY NHfT 7s. 98 98 8 Pr.t!pa P 7tfs.112 113 1 Do 7Ms w.mi im 12 Tiih SO NT 7s.in in- 2 PnM Oatr 7s. 97 97 2 Shed F 61s.inn inn 1 So Bel Tel 7.in" 10 2 Stnd O NY 7s.m8 109 8 Do 6Ua ...in- 106 11 Swift Co 5s . . 9S 93 11 T'n Oil Pro gin? iniu 1 Fn R Hv 7U.1M 10 T.onla 6s. 91 91 1 Mn Paclflo fis. 9 98 6 Ohio Pow 8s. 93 93 4 So C-1 94 94 FonFin- ofne. ( Arrentine 7s.mn inn 73 Netherlnds Ss. 97 9 34 Prh ftoat 9s. 75 73 H inn Hroh" 4Ua. .23 .22 180 NY NK Fr 7s. 6 66 1 Pern '8s 98 98 1 R)iln 6s. 12 12 10 Do 6V.S ... 11 10 8 no 6". a ctr. ii 11 17 Slas 6Us ,.ini ini I xlco 4s ... 27 ' 26 Cl" 6 .40 1H .20 .03 25 .0 -8 i m , 1 .20 ,.28 ' .27 24 96 100 101 ion 102 103 104 63 104H 102S 109', 99 10" 1, 991, 103U inoi, ins 98 9 v, 96 96 90 1on im 101 v 10', v- 10RM 98 113 ini TtH inn4 in- 108 inv, 9i4 1" 105 'H 98H 93 24 inn 974 72 u 23 66 S8 12 10 11 101 86 NEW YORK STOCK MARKET These rrnotatjona. of priops on tfie New York Stock Excfianpe are from E. F. ITuttOTi & Co. nrivnte wire, memhers of te New York Stock, Exriiannt. with offices at the Hotel Oakland. Sales Aerrl Chern Co , AJax Rubber .., Atl Const Line Allls Chal Amn Can High .. 30 .. 12 ..111 .. 42 71 Amn Car & Fdy .179 Amn far ft Fdy pf . . Amn Beet Supar . 4,0 Amn Beet Su& pfd . . Amr Exp 70 Amn Linseed 80 Amn Linseed pfd. .. Amn Cot Oil 18 Amn Ico Sees ....103 Amn Hide . Lea.. ., Amn Hide & L nfd Amn Loco 120 Low 80 11 109 42 69 178 40 65 28 17 102 43 61 73 20 28 .153 14 94 27 Amn Steel Fdy Amn Smeltlnsr .. Amn Smelt pfd .. Amer Safety Amu Supar Amn Sup pfd .... Amn Ship & Com. Allied Chem Amn Sum Tob ,. Amn Tob Amn Tob R .... Amn Z and L ., Amn Wool Amn Writ P nfd Anaconda 47 Aicnison ....... , .101 Austin Nichols ... 30 Amn Tel & Tel ..122 ARsd OH 114 Atl Gulf 25 Baldwin Loco ...119 B & O 42'i, Bosch Mag; 85 Beth Steel B 62 Booth Fish 6 Burns Bros pfd ,, 45 Butte & Sup 29 Butte C & Z 7 BUT 18 Cuban Supar 24 Coca Cola ....... 77 Cuba Cane Sug . 14 L'uua Lane sug uia 39 Caddo Oil Calif Pet Calif Pet pfd . Calif Pack ex d Can Pac C & O Central Lea ., Ccrro de Pasco Chile ConDer .. Contl Can ...103 Cosden Oil 47 r B. r nr v. uo jr ,r. ........ C & O W pfd C & N W C M St P C M & St P pfd... C R I & P C R I P 67c pf B 85 C R I St. P 1 Pf A 95 Chpo Pnpu Tool 8 54 .. 59 ..93 !!l41 .... 68 ,. 24 89 9 83 23 86 33 118 43 50 ' 73 19 69 27 151 14 93 27 46 99 30 122 114 25 118 49 84 (1 4 45 28 7 14 24 - 76 13 " 28 7 56y - 12 140 66 83 88 26 101 46 Closet 80 12 111 42 70 179 122 40 80 65 80 60 18 103 11 63 120 43 61 99 6 73 108 19 71 27 162 151 14 94 27 47 101 30 122 114 25 119 42 85 62 4 45 29 7 16 24 77 14 39 8 67 - 93 79 141 68 34 89 Li H!1 .. 16 .. 11 .. 84 .. 56 V. 11H 91 Steel company will roll she t steel , for automobile fenders, hood.; .and j bodIea,for which Detroit Is ons of the large, markets in the cou--Itry. . Colo Fuel & Iron. 25 col urajino ., Colo Sou .... Cons Textile . Crucible Steel Chand Motor Columbia Gas Cons Gas .... Corn Prod .......129 Del & Hud 118 t'uiiia , . 11 11 ..... ,. Erie 10 97 103 J '4' 9 9 81 22 22 23 85 36 82 82 84 85 I 94 94 .. 81 - 25 25 I ... 2 2 2 ... 43 43 43 ... 13 , 12 12 ... 63 61 63 . ... 61 60 61 ...101 99 101 ...126U 124'i 125 126 128 116 118 .. ;40 9 10 Sales Erie 1st pfd .., Erie 2d pfd .... Kagtman Kodak Elect Battery ., Flak Tire F P Laakv Gen Aanhalt 45 Gen Cigar Co 80 Orarihv Cons Gen Else 180 Ren Motor 13 en Motor 7 pfd 98 Goodrich 30 Great Nor rfd ... 82 Great Nor Ore.... 81 Gulf States Steel. 74 Houston Oil .... 66 Hupn Motors .... 22 111 Cent 108 Inspiration ...... 83 Int Har N 3 102 Int'l Corp'n ...... 28 Intl Nickel 14 l-H (.ons I-B Cons pfd Inter-tate Callahn Int Paner ... Int Marino Int Marine pfd Inv Oil Keystone Tire Kennecott ...1 Knn P.ltv Sou Kan City Sou Pfd Kelly Spgfld 41 L ft N 181 L V R R 6SS Loewe's Ino 18 i.acK ateei ..... May Stores ..... Mex Sflabrt ....... Mex S-ahd ctfs . Mid States Oil ... Miami Midvale Steel .., M St L Mother I.ods M K A T M K & T pfd ,, Mont Ward Missouri .Pro 18 Missouri Pao pfd . 43 Mexican Pet .... Nat Enamel ..... Nat Lead . . . . Nat Biscuit New. Nev Con ......... N Y Air Brake .. N Y Central ..... N Y N H II .. N Y O & W ..... Norf & West .. N Y C & St. L . Nor Amn Nor Pacific .... Orpheum ....... Okla Prod Owens Bottle i)tls Steel .... 7 Pore Marquette .. 83 Pere Marq prior . 66 49 11 60 'T4 83 18 .162 . 17 . 16 . 12 . 26 . 29 '. ii . 15 . 41 21 .222 ,. 63 ..114 .. (6 .. 27 .. 94 .. 21 .. 21 ..112 !! 90 .. 77 ., 20 .. 2. 22 22 107 107 83 100W 103 27 28 14 14 49 49 115, JTM 48r6j4 40 41 129 131 62 62 18 ''. .. 76 161 162 16 17 16 16 11 12 28 26 29 6 10 11 15 15 89 41 20 21 17 18 43 43 220 221 62 62 114 114 $5 86 13 25 25 92 94 20 21 20H 20'4 111 112 Pacific Oil Pierce Oil Pierce Oil 8 pfd Pierce Arrow Pullman 46 V. 4 44 11 Punta Alcpre Pac Gas El ., Prod & Refs Pan-Amn Oil Pan Amn OH Phillips Pet , Pure Oil .... 126 47 85 .... 40 .... 92 B. . 89 .... 44 .... 28 88 75 19 2 ' t " 80 65 45 4 41 10 125 47 83 89 83 $7 43 27 90 77 20 2 $6 7 82 66 45 4 44 11 125 47 85 40 91 88 43 21 40H 38 196 191 114 112 31 81 87 82 (2 54 118 7 4 Sales Hlph Low Penna ........... 45 45 Penna S S ....... 8 2 People's Gas .... 93 91 Philadelphia Co .. 39 39 Pitts Coal ....... 50 66 Pond Creek Coal . 19 19 Press S Car 76 76 Ry Steel Sprlnp Ry Steel Bps pfd. .. ' .. Kay Cons ..13 12 Reynolds Tob B . 62 62 Reading' 76 7,5 Remlnpton Type Rep I A S 46K 44 Rep I & S pfd .. Beplogle Btpel .. 22 21 Royal D Pet N Y.. 62 62 Saxon Motors ... 2 .1 Sear 82 79 Seaboard .. Shell Oil Sinclair Oil $1 $1 Seneca Copper St L & S V 22 , do pfd .... $td Oil N J.. Std Oil Calif. Stl & S W... do pfd 59 Sou Pao 88 Sou Ry 23 do pfd (2 Stew Warner.... Stromberg Carb. , Studebaker Submarine Boat. Superior Oil St Joe Lead,.!..., Tenn Cop & Chem. Texas Oil , . .. Tex Pac C A O. ... Tex Pac Tob Prod do "A" Trans Cont Oil. . .. Tlmken Bearing;... Union Bae New... Vn'on Pao ........141 139 , do pfd , U S C I P.. 23v 23 I' H Ind Alcohol... 62 61 U S R-alty 85 84 U S Rub .-. 50- 49 do pfd .......... 95 95 Union Oil Del 15 15 Unit Alloy Steel.., 33 83 Unit Fruit 152 152 U Retail Stores.... 70 70 U S Stel ..11214 100 do rfd 121 120 Utah Copper $1 61 Utah Sees .. U S Smelt A Rfsr V S Food Prod.... 5 Vanadium Steel.,. 84 Va-Car Chem 24 Wells-Farpo Ex. .. 89 Weatlnghouse 1.. 69 White Motors Western Md Western Pac 15 (to' pfd ......... .. .. WtHys .. .. Wllaon Co com.... 36 36 Wool worth .......213 121 Worthlngton Pump .. Wabash 9 8 Wabash pfd A.... 24 --U, wmte oil 4 K 4 . 67 .120 . 7 . 4 47 .20 21 63 80 11 23 46 19 20 62 79 11 22 6 23 24 88 58 15 28 W A L B 9 1 Close 45 SH (3 89 66 19 76 111 118 13 62 76 22 44 83 22 62 174 11 6 25 $1 8 22 40 195 114 21 69 : 88 23 62 87 57 119 7 4 18 8 47 19 21 . r.2 80 11 23 1UM 74 , 23 n i, 84 60 ' 9Kt 15 3.1 152 70 102 120 61 16 27 M 6 24 24 88 69 43 H" 15 ' 55 6 86 21S 27 8 . 21 4 1 BANK REPORTS OAKLAND BARK TRANSACTIONS November 23. Deposit "charges ......... ..$5,571,900 Clearances $2,610,600 " Nevenber 84 Deposit charges $5,540,200 Clearances $2,326,400 November 25 Berkeley Deposit charges. .$549,141 Berkeley clearances 228,811 November 27. Deposit charges ....... ,.$4,981,225 Clearances , $2,062,200 November 2H. Deposit charges $5,365,700 Clearances $3,083,4 JO November 20. Deposit charges $5,891,800 Clearances $2,720,100 BERKELEY Deposit charges . Clearances- , CLEARINGS. ,',... $554,466 ....,....,.$240,167 COAST CLEARINGS. San Francisco .......,.$ 24,900.000 Monthly ... ..... 634.800 000 Los Angeles ;... $17,778 667 Piuail-ns. RllS.J. Long Beach 1,02'f54 Seattle 0,094,753 Portland v..... 4,449.15$ Tacoma .................-$,426,000 DRIED FRUITS NEW YORK. No. 29. Dried fruits,, firm. Aprlootg, f 85(92101 apples, 10 12e; prunes, 80s to 60a, 1217Hc; prunes, 60s to 100b, 7 12c; peaches, 12 19c; seedless raisins, 22(230. CONDITION UNCHANGED. PHILADELPHIA. Nov. 29. The condition ot John Wanamaker. who is HI at his home here, was reported unchanged today. Title Insurance Co, Names New Director - The Oakland Title Insurance and Guaranty Company at" a meeting today In Its new building St Fifteenth and Franklin streets elected Joseph R. Knowland to fill the vacancy In ths directors caused by ths death of Anthony McMillan, the well-known capitalist, who passed away some months ago. The board of directors ot the com. pany now consists ot J. F. Carlston, Carl H. Abbott, Arthur H. Breed, J. W., Phillips, Stuart 8. Hawley, Walter P. Woolsey, Wm. H. Donahue, John J. McDonald, Judge T W. Harris, Harrison S. Robinson, Sam J. Eva, Chas. A. Rossler, Ira Abraham, Robt. S. Leckie and Joseph R. Knowland. . Principals Named For New Oil Merger , HOUSTON. Nov. 29. A report reaching Houston from Nsw York Is that W. B. Emert, president of the White -Oil corporation, and R. L. Young, president of the Monarch Oil and Refining company of Houston, wtll beooma president and vice-president, respectively, of ths new White-Monarch-Kansas end Quit and KJrby Petroleum merger. The papers Covering the merger have been signed. It Is reported, and the deal will become effective December X. - ArnTCATTTSAtrrnop. The production ot slsat In Portu-aruetie East Africa this year will be the largest on record, probably , amounting to over 1,000 toes, METAL MARKET NEW YORK, Nov. 29. Copper, quiet- electrolytic spot and future, 1314c. -.Tin. weak;, spot and futures. $36. Iron, steady; prices unchanged. Lead, steady; spot, $7.1097.15. Zinc, steady; East St. Louis, spot and nearby delivery, $70)7.10. Antlmcny, spot, $6.636.75. FLOUR MARKET MINNEAPOLIS. Minn., Nov. YT Flour unchanged to 10o higher. Family patents, $6 65igi8.70. Bran ?? SO iff ? no mm MS. HMUGfli Nevada Camp Is Now Show-, ing; More Proved Mines Than Ever Before. 9 TONOPAIt. Nev.. Nov. 29 - seems Impossible to oust Tononah from her position as "the world's premier silver camp. With Ave mills operating at full capacity for 24 hours each day, the bullion output Is being maintained at high fig ures and extra dividends are being repularlv paid. Since the wondelful strike on the 1180-foot level of the Tonopah Ei'enslon which has already put $40.000 000 new ors in sight, much attention Is' being paid to ths western Section of the district. Important finds are also re-! ported In the Buckeye, Halifax,, Midway, and West Knd. At the Tonopah Divide production Is being maintained around $30 000 per month, It has been stated on-good authority that there Is now more ore definitely proven op In the Tonopah District than there ever has been before. This. Is an extraordinary condition for a mining camp which has been a continuous heavy producer for more than 22 years. MILL CITY MILL CITY. Nevada. Nov. 29. A two-stamp mill Is being Installed at' the Golden Era mine, located tour' teen miles south of Mill City. It, Is intended to operate on an experimental basis during the winter In order to work out metallurgical problems and to demonstrate the average value of tha ortx It re-; suits are satisfactory a I'argel-vplant will be Installed. LOVELOCK. Nev.. Nov. IS. The neven Troughs Reorganised Mines company, operating on the old Coalition property. Is running its 50-ton mill to full capacity. Ore Is, being drawn mainly from old work-'. Inga and averages around $20 per ton In gold. A new tunnel, designed to tap the vein at greater; depth, has been started. It Is be-, lleved certain that the ore shoots-will go down to the new tunnel level and that a large tonnage ot, new ors will thus be made avail-, able. UNIONVILLE UNIO.NVILLE, Nev., Nov. 29. What appears to be an Important find has just been made In the Ari-' tons Mine. Work has resumed in a drift which was abandoned over a year ago because ot low values,! and after advancing some five feet, came Into $80 ore. This Is in an unprospected portion of the Stuart' Fissure vein, which has hitherto' been classed as unproductive. ' In the extreme northern portion, of tha mine a drift is beinf opened) up westerly from the main haulase tunnel and six feet ot $20 ore is ex posed. Filling from old stopes la averaging sronnq it per ton. WINNEMUCCA WI.NNEMUCKA. Nev., Nev. 29. lb is stated that the engineer who has for some days been Investigating the Silver State Chemical Company of this place, has signified his Intention to report favorably. It was found that mines tributary to the plant would be able to supply It with ore and concentration for somw ?eara to come. It Is understood hat, on receipt of a favorable re port, the project will be financed by the North Europ. Trust Com pany of London. ARGENTITE ARGENTITE. Nev.. Nov. 29. Properties In this district are attracting much attention from out side capital. . Examination of the Frances Mine Is being made by the Belmont De velopment Company of Tonopah and the Argentlte Silver Oueen Company, controlled by British capital, is developing one of the largest gronps In the district. .Rich sllver-barlnr ore la reported at ths Mohawk. Nona and lnth-p firrmm. nnv In nn.rillnii. Tli Mohawk has been developed to a depth of 180 feet BATTLE MOUNTAIN. Nev.. Nov. 29. The new mill of the Hilltop . Nevada Minps Company will go Into . commission before the end of the year, as It Is now 95 per cent completed. . . , . . A modern camp Is belnr rcted.-by the company and all buildinf. have been completed except t!i" schoolhouso and recreation , hall. Mining Is proceeding with a full crew. Reports ars that rood returna. are coming from placer mining la the Copper Canyon district. , 'iii Valuation Placed oh Nevada County Road WASHINGTON, Nov. 29. The In. terstate Commerce Commission today fixed a tentative value ot $C0j, 270 for the property of the NevjJ.i County narrow gaugre railroad ! California, - which corporation haw security Issues with a par value ni' rs.uuu. LIBERTY BONDS Uy Ilnnk of Italy. Prfee. Yield.; First SHs S li!U4 8 31 First 4s ............. BS.OO , 4.1:1 Second 4s PT.Cft 4. IT Kimt 4H ........... M.W 4.,'il ' second 4 Vis 97,73 J 4.42., Third 4V. .......... B.4 4.00 Koarik 4V T.tt 4.44 Victory 4-v, BO.Offl 4.73 V If lory ,. 1U0.14 4 45 WOOL MARKET & NEW YORK. Nov. 29 Wool, Arm. Domestic fleece, XX Ohio. 43''fi"e; nulled, scoured basis. 7Sc&$1.29; Texas, scoured. 11051.3i; terrl-torv tanti, $1.381.40. 22S REMARKABLE EARNINGS On August 31, 1921, net assets behind every $1000 bond of The Amalgamated Sugar Company .amounted to $2300. This had increased, from earnings, to $4300 for every $1000 bond on Sep tember 30, 1922, thirteen months later. We can still offer a small amount of First Mortgage 7 Bonds of this company to yield 6.80. Ask for full information. Investment Secmitki Member San Francisco Slock and Bond xchang9 -OAKLANT S4N-FrONOSCO. First ' National Bank BlJg. Insurauce Exchange BUg.

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