Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-02
CURB SHARES RISE
ON BUSINESS GAIN
Market Works Higher Follow.
ing Publication of Better
Trade News.
ny JOHN A. cRoNE.

special Dispatch 70 The Etsf
NEW YORK. November IA budget
Of favorable week end news sent tht
Curb Exchange session today on ar
upward path The market leader. Elee-
trio Bond e. Share. rose nearly a point
at1ndard OIL OF indiana was up more
than a point Cities Service was viz
tually unchanged United Light 4,
Power A was up only a shade. though
the convertible preferred opened up
more than ? points
Great Atlantic A. Pacific Tea was the
leader OF the store shares Wslgreen
bTRced. Mead-Johnson. however. turned
downward Armstrong cork was up nearly
points and Parker Rust Proof forged
ahead The rise IN wheat was mrrored
Immediately in Deere a. Co, and the adj
vance in silver bolstered American 4,
Foreign Power warrants Earnings Of
1886 .466 for the II months ended Sep
TENDER 80 1891, against sil.l07 1872 in
the same 1880 period. were not reflected
1T once in the quotations OF American
Light a. Traction.
Segal Lock g. Hardware failed to
forecast marketwiBe the announcement
by President Louis Segal that the COM
pany had paid of all its bank loans,
totaling 100000. Singer Manufactur-
ing. among the higher-priced indus
trials. showed n firmer tendency,
Three oil issues stood out in early
trading. They we're Gulf Oil, up AL
most 3 points Humble oil. up ~,
and Standard Oil OF Ohio, up a point
Ohio OIL cumulative preferred ad-
yanced a point Declaration OF the
usual ascent common quarterly divi-
dend by Standard Oil Of Indiana was
in line with expectations and had been
forecast BY that issue.
The advance in oil and gasoline
prices in the mid Continent Kentucky
and other sections-which were not off,
set by the reductions announced by
South Penn OIL and other producers
Of Pennsylvania crude. as that is a
special type Of oil-alonR with the
progress made by the big Standard Oil
companies In foreign marketing and
merger plans brought buying into the
petroleum shares today
The surprisingly good showing OF
Consolidated Gas of Baltimore for the
first nine months OF this year caused an
advance in that issue. British shares
were rather quiet because of the holi-
day in London. but Brazilian Traction,
Woolworth, Ltd, and Ford Motor, Ltd,
remained firm.
Aluminium Co OF America. Aluminium.
ed upwards In the metal group A. o.
Smith Corporation, with a rise OF nearly
seven points, was one OF the best
ground gamers during this period.
Driyer-Harris opened up a half point
and American Beverage rose more than
q point.
Stimulated by the abundance Of
favorable week end news the Curb mar
ket advanced actively at the opening.
Electric Bond g. Share at 20h rose
=. Cities Service at 712 was of a
shade. but more than made up its mi
tial decline in the next two trades.
Standard OIL of Indiana at 2lss adj
yanced u. Imperial Oil, Ltd, at IL
showed a rise Of "a.
Ford Motor OF Canada A at l3sS adj
vanced *. Brazilian Traction at l07s
was up 4. Pennroad Corporation was
up slightly at 4h. Consolidated Gas
of Baltimore at 74ia climber ga. Alu-
minum, Ltd. at 80 gained points.
Deere g. Co.. mirroring the rise of
wheat, was up u at Is. Aluminium Co.
Of America at 81 II was up 4.