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Today's New York Bond Market NOTE-Sales of bonds are in terms of with the final ciphers, Foreign Exchange NEW Prev. day Wk Great per Demand at 16 Cables 5.2631 Demand Belgium (par Demand Cables (par Demand Holland (par Demand Cables Norway (par Demand Cables Sweden (par Demand Cables Denmark (par Demand Cables Switzerlan (par Demand 1.30 Cables Poland par 11.22 Demand Cables (par 2.964 Demand Cables per Argentina 11.96 per Canada (par 100 cents per Canadian Demand (par Cables Rumania (par 0059% Cables Austria (par cents per Demand par 49.8 Cables (cents Demand Cables (par 165 per Demand (par 40 00 28 Uruguay 45.00 Cables Colombia (par per Demand 96 Guatemala (par per (silver) 50 40 18-Pound Baby 95 thony Caruso, Jr. shows indications of being a "big" man in any undertaking may someday care to follow He weighed eighteen pounds at NEW YORK, is Sales HighLow Sales bonds HighLow traded the York Stock prices up Lyons REALIZING SALES eastern standard UNITED STATES GOVERNMENT BONDS BY F. H. RICHARDSON Sales HighLow (Special Leased Wire JournalCopyright, 1932.) NEW YORK, Jan. 7.-Although the Gas bond market Thursday met considerable profit- taking from those who had bought around the December lows, it nevertheless its vance and attained new highs on the 46 recovery Trading was on a fairly Treas tive CORPORATION The market opened firm. helped by Abr the improved outlook in the FrancoGerman situation. Reports from Paris and London that Franco- British agreement was near on the matter of German and private debts were hailed as for financial markets German ment bonds swept up to new highs on the movement, were pressed down again on heavy profit -taking and then rebounded to fresh high on the day from 2 to points above Wednesday's closing quotations. The buying of Dawes Plan 7's was especially with from blocks of 25 to 100 frequently Young Plan 51/2's were also in brisk demand German Central Bank bonds advanced to points. Municipals like Prussia Frankfort 6½ Saxon 7's, Bavaria and Cologne 6½'s were higher. Many German corporations and municipa reported to have secured foreign with which to support their own As both London and New York regard the German problem as the keystone of the whole foreign investment improvement spread thoughout the foreign list. Belgian were Danish 6's gained point British ered an opening loss and made small gain, with sterling measuarbly higher Rome 61/2's and other Italian descriptions ran 2 points. French bonds were firm. Canadian government bonds and corporate obligations firmed on the steadiness of Montreal funds. Japanese bonds though inclined to follow the general im $68 two ago, provement. Australians gained with $57,531,000 higher exchange quotations here and in London Many Wool Inquiries Railroad bonds again attracted attention in the domestic department The entire advanced Reported in Boston to points. The most (Special Leased Wire The Journal- were Alleghany Corporaion 5s, Bal timore Ohio Convertible ChiBOSTON, Jan 7.-Several mill cago Great Western 4s, St Paul 5s, Rock Island Refunding 4s, Denver buyers are in the market making inRio Grande Western 5s. 5s, Illiquiries on wide variety of lines, but nois Central 4s, Missouri Pacific 5s, as yet very few sales have been Nickel Plate 4½s, Frisco Prior Lien A closed. Most of the interest has been 4s, Southern Railway 5s and Western Maryland in territory quarter blood and threeMore seasoned carrier descriptions eighths blood fleeces. Offers made by such as Atchison General 4s, Baltimill agents average on the whole more & Ohio First 4s, Pacent below current quotations but cific 4s, Atlantic Coast Line First holders firm on asking prices. 4s, New York Central 5s PennsylvaFine territory combing was quoted Thursday at French had smaller gains combing 73-55, half blood three Elsewhere the most active group eighths blood. and quarter was the New York City Traction blood, Fine Ohio fleeces were bonds Interborough Refunding 5s quoted at 24-25 grease basis, half were bid up more than points. Mcblood and three-eighths blood 23-24, Kesson & Robbins 51/28 and quarter blood 20-21. Publix 51/28, Sinclair Oil 7s and many other gained to points. Bank Taken Over American Water Works 6s jumped HARRISBURG, Jan. points. American Telephone 5s were The State Banking Department took fractionally higher. Other utilities possession Thursday of the Agricul- firmed. United States Government long. tural Trust & Savings Company, Lanterm issues were still subjected caster. The bank's last report showed some pressure, but in cases they total resources of deposits had small Treasury 41/1/8 of $1,515,000; capital $300,000; surand the recently issued Treasury 3s plus $200,000. were most active. It was announced Thursday that Cotton Goods Quiet the Federal Intermediate Credit Banks NEW YORK, Jan. 7.-Cotton goods will soon offer $12,500,000 of collatmarkets were quiet Thursday. Print eral trust debentures dated January cloth were unchanged at 15 and due in four to nine months. 3% for 64x60's and 3% for 68x72's There was markedly better tone in Raw silks we7re quiet but 5c higher. municipal bonds and the county Passaic, N. offered 5½ per cent bonds due from 1933 to 1978 The bonds were priced to yield per cent. Waycross Reduces Cost of Government WAYCROSS, Ga., Jan Measures of in the cost of city operation in Waycross that are expected to total more than $20,000 year in reductions have been announced by the city sion These measures include reductions in the salaries of all city ranging from 10 to 25 bining the Police and Fire Departments under the supervision of one head, and reduction in other costs. An announcement of especial interest voluntary request from Judge Mack Barnes, incoming city recorder, that his be reduced 20 cent. The city commission voted him unanimous resolution of for his spirit of co-operation thanks in reducing the city's costs. Outlook Is Better Seaboard Chief Says TAMPA Fla., Jan. Ethelbert W. co-receiver of the Seaboard Air Line Railway, said that the outlook is better for refinancing the road despite -mounting difficulties generally. He planned to leave Thursday night for Boca Grande, phosphate shipnear Fort Myers, on an ping point inspection trip which brought him here from Miami. will return to his LS&MS headquarters in Norfolk, Va., Sunday Early County Primary Is Set for February 3 BLAKELY Ga. Jan to Herbert C. Fort, secretary of the of Early County the primary election will be held on February and the time for candi dates to enter the race expired JanThe ballot will contain the largest number candidates to be voted in recent Every incumbent in office with the exception of Horace Bell. solicitor of City Court, has opposition. Packing Plant Active MOULTRIE, Ga., Jan. 7.-Hog receipts on the Moultrie stock yards have marked during the past ten days. This has rein the packing plant here ing number of men to its pay roll Until recently, receipts at the stock yards were lighter than they have been in years. The plant last fall killed only every other day, but now it is slaughtering day It has apacity of more than 2,000 hogs and 500 cattle per day. Observes Christmas Taliaferro Primary Set The Greek Orthodox Church, going The Democratic committee still further back in antiquity for its met here Tuesday and called a traditions than Cuba and Rodanthe county primary Wednesday February C., which observed Christmas 17. to nominate county officers for celebrated the holiday Taliaferro County. Cnadidates will Thursday. have until January 23 to qualify. Dock
