The Waterbury Democrat., 1933-12-02
By ELMER C. WAIlZER United Press Financial Editor


 New York, Dec. 2-(UP)-Re- markable steadiness in stocks. com modities, business and the dollar; firnness in bonds and n record high price for gold set by the recon struction Finance Corporation fea- tured quiet dealings on the leading markets in the Thanksgiving holi- day week ended today.
 Industrial stocks barely changed from q week ago in the average, while railroad and utility shares registered moderate losses. All grades of bonds showed n better tone. The dollar fluctuated over a narrow area and got back to It's starting point of a week ago. Tn terms of gold the dollar lost nearly n half cent. The R. r. C. raised It's. gold price to $34.01 per fine ounce, against $33.76 last Saturday
 In the commodity sector. wheat and corn were rarely changed while rye and barley lost rather sharply. cotton was about unchanged. Gains of moderate amounts were noted in such commodities as wool tops rubber, coffee, sugar and silver. rallied sharply after last weeks de- cline. Losses were made by cop per, tin, cocoa, and hides. Hogs were down to new lows since last April.
 The ability of business to hold gains inspired confidence, and wall street observers made predictions the market would be in a position to rally fairly well after the gov ernment's December 15 financing program. Steel operations held htlf nRfnal operations were above the sched- uled percentage. Car loadings made n better than seasonal showing and were much better than had been anticipated. Electricity output made a good showing. Building picked up and employment increas- ed.
 Several companies increased or made other favorable dividend changes. More were expected after the first of the year when taxes on dividends will be eliminated. Ex- .tras this week were declared by Hazel Atlas Glass, Hercules powder and Monsanto Chemical. Three companies resu med payments, namely, Johns Manville per cent preferred, Ford of Canada, and International Silver z preferred. South Penn Oil increased its pay ment. One adverse action was taken-Swift & Co. reduced the payment.
 Leading industrial stocks made little change. Fractional losses were registered in U. s. Steel, American Can, and Sears Roebuck. Standard oil of New Jersey, was firm and small gains were noted at thethe end of the week in Du Pont, Chrysler, and Socoay-Vacuum. Wet stocks firmed up as the time for actual repeal approached. Mining issues dipped and then regained the losses. Automobile issues were in demand late in the week on out look for 8 sharp pickup in the industry after the first of the year. Chemical issues moved up with al- lied Chemical equaling its high. Consolidated Gas lost about 2 points in an easier utility group, while Case was down nearly in the farm equipments. Atchison and New York Central were down more than a point each in the rails.
 Price of Gold.
 Washington, Dec. 2-(UP)-No change was made today in the ad- nlinistration's gold buying price which had been advanced-yesterday to another new high of S34.0l per ounce.
 No explanation was made for the latest halt in the gold price in creases, but it was believed that the advance of 25 cents an ounce earlier this week was regarded by officials as sufficient to contribute to sharp decline in the dollar.
 Dollar In Paris.
 Paris, Dec. 2-UP)-The Amer jean dollar was strong at the open ing today. Francs were 1924 to the dollar (6.158 cents franc). They opened yesterday at 1908 (6.219 cents) and closed at 1910 (6.21D.
 Foreign Exchange.
 London, Dec. 2- (UP)- The American dollar remained within