Evening Star Newspaper, August 30, 1921, Page 19

F_'-w L 5 FINANCIAL. 8 Open.. Aqv Rurnley. n% Ajax Rubber. . . 19% Allied Chemical. 6% Allis Chalmers Am Agr Chem. ... ; :\‘m :xr (;hm pf , mesc Certificates, Tax and L0an fim can: Am Can pf. Am Car & Fdy. Am Chicle Co. Amounting to $537,000,000 Am Cotton Oil.... 16% Due Then—Notes. | ambrugzis.: BY I A. FLEMING. After Thursday's withdrawals from credits arising from Am Hide & Lea pf. «1% Am International. 26% Am Linseed. . asury through the first two weeks linancing through note of certifi- sue Is anticipated. g September 15 will call for liberal al operations, as on that date s 000,000 cert ates mature in ad- Qdition to $341.000.000 tax certificates, arie part of which will unques- il he turned in in payment of third quaterly installment of in- e and excess profits taxes. but provision will have to be made for the redemption of part of the issue. It is cxpected that Secretary Mellon will do ut least a part of this winancing in the form of notes. Just what the interest rate will be on the Am Sumatra. Am Tel & Teleg . Am Tobacco. Am Tobacco (B) .. 119% Am Tobacco pf (n) 88 Am Woolen. ., . Am Zinc & Lela. Anaconda. ... Atchison Atchison pf. Atlantic Guif.. Atlantic Guif pf. .. Auto Sales. ... Baldwin Loco Balto & Ohio. Balto & Ohlo pf. of - if issucd. or certificates, | Beth Steel (B).... 48% n. but if the reserve bank | Beth Steel 8% pf. .. 98 discount rates are not lowered it is|Bkiyn Rapid Trn.. 9% an open question whether an effort | Bllyn Rap Trotfs. 6% made to lower the rate from Boot ¢ previous flotation, 5% per It les Butte Copper-. ... Butte & Superior. Butterick. Caddo Oil......... ! California Pckg. .. 63% California Petrol.. 384 Canadian Pacific.. 14% Central Leather. .. 25% Central Leather pf 60% is assured of all the may need at that rate. a considerable more cash is t= way into stock and bond nts \ Curtatling Foreign Credit Companies. of the Foreign Credit third with- ury h solution “orporation marks the {'three trade aids, so called, | GorTode Pasco. ... 25 m the foreign field. Ches & Ohio. ...... 52% ciy last May the Guaranty Trust|Guee® ORO. oo« - 62 e Banca Disconto | Gt} Sreat Westn.. 74 LR Dot reat Wpf.... 16% . Trust Co, | Chi Mil & St Paul.. 2e% ! -quired deposits of over | ChiMil & St Ppf.. 38% N 0.000 with $1.000,000 capital. Chi & Northwn. ... 6§ The Guaranty Trust Company also | Chi Preu Tool..... 41% Providee 000,000 for the Foreign |ChiRI& Pacific.. 1% Credit Corporation, established after |Chi RI& P 6% pf.. 64% the armistice to care for the overflow | Chi R1& P 7% pf.. 6% ©of Lusiness. A net profit of $800,000 | Chile Copper-...... %% Will 1 shown. in addition to the|Chino Copper 21% capital and $5,000.000 surplus. “oca-Cola 34 Stocknolders. in that corporation in- | Colo Fuel. .2 cluded the Chase National, Central|colo & Southern.. 6 nion Trust and Liberty Securities|olumbia Gas..... 54 Jompauy of New York: Shawmut | copumbi® H2s 5% Corporation of Boston. and the Phil- | o i e adelpiie N#tional Bank. Galambiz Gopl pERING Bank rs seem inclined to withhold | Comp Tabulator.. 31% lendings to Europe. and the trend is|Cons Textile. ase toward withdrawal from that - field | Corn Products.... 66% of otiier finance corporations. Corn Products pf..10t% AA indications point to the failure, | Cosden & Co. 24% for the time being at least, of the|Crucible Steel..... 5i% proposed $100,000.000 Edge law bank. | Crucible Steel pf.. 9% backed and cordially sponsored by | Cuban-Am Sugar.. 12% the American Bankers' Association,|Cuba Cane Sugar.. 74 ¢Morts toward its organization hav-|Cuba Cane Supf. .. 18 S aned Del & Hudson. ... 9% ( & Down Loans. Del Lack & Wstn.. 9% The National City Bank of New |Endicott-Johnson. 69 York carried loa: the Federal Re- | Endicott-John scrve Bank of $14. ,000 at the close | Erie crec p LIM wl n'(a;l )’{Gfi‘l;._ During the first six Erie 1st pf. 1% mo S O his year it reduced its loans to $56.693,000. The Guaranty|Lomous Plavers.. sl Trust Company, reduced its interest | Lamous Players pt 8 the same period from $141,463,000 to | Fed Mines & Spf.. 21 $21,953.000.” National Bank' of Com.|Fisher Body 5. merce wiped out $115,808,000 of loans, | Fisk Rubber. £ and very many of the smaller insti- | Gen Asphalt 43% tutions have cleaned their slate with|Gen Electric. 121% the Federal Reserve Bank or have|Gen Motors. 9% made great reductions. 5 Gen Motorspf.... 6 This all marks an improvement in trade conditions as to the payment of | Goodrich business loans. | Great Nor It Tooks very much as if the Fed-|Great Nor Ore eral Reserve Board was maintaining | uif States Steel discount rates where they arethat|po. o 2tEt there might be no further incrkae in | 1OUStON borrowing from member banks dur- | Hupp Motors. . ing the completion of adjustments|11linois Central now rapidly going on. }::"';‘"“’{i % erboro Metro. y _Personal Mention. Interboro Met pt W. J. Flather. vice president of the | 1ne) Agr Chem Riggs National Bank, set the pace|jn.iHarvester. for the return of the Poland Springs | Int] Harvester. vacationists. Edward J. Stellwagen, | Int! Mer Marine. wresident of the Union Trust -Com- Gen Mot €% deb 8% Intl Mer Marine pf 39% %% | Pullman Co....... $2% 1 | Punta Alegre Sug. 2% 22" | Pure Oil. 2% 25 | Railway St1Spr... 6% 334 | Rand Mines. ...... 26 03 | Ray Con Copper. .. 113% Wl 4 Reading 1st pf. elly Ol . - eathern. Coal and irva. 2% Reading 2d pf cts Co. of Americ 2 2i | Replogle Steel. onopah. Divide ;‘—': ;—;5 Rep Iron&suel‘.. 45% et Rep Iron & Stlpf.. 81 A 1% 1% Royal Duteh a 7!'S. Light and Heat com. 1% 1% ,StL& San Fran... 2% * . Light and Heat pfd 2 37| St Louis Southwn. 2% B (o e 1% 131815t Louis Sown pf.. 2% S, Steamship. 25 |SearsRoebuck. % ited Retail 3 Seneca Cobper.... M% nited Texas . 16 | Shell Trad & Tran. 3% 18 |Sinclair 0il. ... 18 738 | Sloss-Sheffield. ... 33 s | So Porto Rico Sug. 28% . | Southern Pacific... 77% 124 | Southern Railway. 19% Southern Ry pf... 4% 90! 33% | Standara Milling. . 'ss 5% | Stand Oil of Cal... o8 | Stand Ol of NJ_ . 158 %278 | Standil N J pf. .. 106% Steel & Tube pf. ... 68 COPPER PRICES. g:::’:{:;z.'_m"'f :: August 20.—Copper, spot, | Submarine Boat 4 15s; futures. £68 s 6d. . Elec- | Superior Of. ..., 3% te. spot. £11'16s; futures, £73 108. | emtor Corn (A).. 4% ot. £134 12s 6d; futures, £158|Texas Company... 34% Lead. spot. £33 Bs; futures, | rozas & Pacific. .. 2% . _Zine, spot, £24 17s 6d; fu- 1. 3 5 z Texas & PC& Oil. 16% g cA50 0. Tobacco Prod. ... &% Trans Contl Ofl... € ther Financial News on !.(e 28 | Twin City R Tran. « T o hreasury certificates there | i'm“ fl:‘eed pf.... 43 Wil still remain in the banks I:l;tl'le e s-t:tmt;;:::_r .m of the Treasury about S 4 11 be for $20.-|Am Smelting. n% r.u:”::orfda’ b g Am Smelting pf. @ 64% ! the rate of recent calls the|Am Snuff... . 9% eredits in the banks should see the|Am Steel Fdy { Am Sugar. pany. will_be at his desk tomorrow, | Intl Nickel 2% and F. J. Henry will return Thursday. | Intl Paper. .. % Local Securities. §“l‘"""§‘(‘)’=1° o ;:: On toda ssion of the local ex-|Jaoes Tea. b change $1.000 debenture 6s of the Po- | 3¢ iy e tomac Electric Power Company sold ““‘“C 24 °‘f‘~ t 93, and 25 shares of Capital Trac- fi:fl;‘gprfi:;“’é o= ion at 83 - . 873 “ Kennecott. .. 1% 3 e Keystone Tire.... 11% CURB STOCKS. Lackawanna Steel 37 Quotations furnished by W. B. Hibbs & Co. | Lee Tire & Rubber 24% ~12:15 p.m.— | Loews Inc........ 11% Bia. "Askea | Loft Inc. Aectna Explosives .12 12% | Loose-Wiles. y 5 © 1w 8y lLorillara . 21 24 .'Manhauan Roone Oil . - . 16 19 Marland Oil. Toston and Montana [ ® | Maxwell (B). Do 2 67 ® |\fexican Pete. % 13 | Midldle States Ofl. 11 arib Syndicate o Midvalensteel_ 3& Pl Mo Pacific. Car Lishe ang B 10 | Mo Pacific pt. i ‘Eities 13 |Montana Power... 48% Cities 17 | Montgomery Ward 15% & |NatlAcme . 1% S [NatlCloak & Suit. 22 11 [ Natl Enameling. .. 31% 3% | Natl Lead. .. - 2% e Dty 1% | Nevada Copper.... 10 Dowinion 0 3 [N Y Air Brake 50 Durant Motors 2813 N y Central. . 0% L BUIN Y Chi&StL. B4la P Petroleum . = hy'\"éi}, Sched e 11 INYOnt& West... 174 1518 Norfolk & Westrn. 9 ilinang ol 91 | Norfolk & Wst pf. 6% Gien Alden Coa 3313 | North America. ... 64 (=lenrock Of 81" | Northern Pacific.. 2% 13,. | Oklahoma Prod % 3% |orpheum Circutt. . 18% 8 {Owens Bottle. ... 2% 7% | Pac Gas & Elec... 54 1o |Pacific 0il. UK 1 Am Pete..... 43 1 |Pan-Am Pete (B). 38 20 | Pennsylvani: L 8T . 101, | Penn Seabd Steel.. 7% 112 | People’s 5% 1jp [ Pere Marquette... 16% Phila Company... 21 Phillips Jones. ... 60 [Nevaia"optie o 31 | Phillips Petroleum 20% v Corelin 0 13% | Pierce-Arrow. ... 104 bissing ) lorces ble Oil and_ Gas 195 [EiereeArTow Dl it 3% | Pitts Coal. 5% 13-16| Pitts& W Va..... 2% ! 36 Pressed Steel Car. 5 High. n% 0% 3% a% 115% 28% 2% 25% 3 5% % 16% 6 39% 66l ™% 6% 1% 7% 28 . 6% “ Low. Close. n% n= 19% 0% % 7% | 2% 3% 7% 8% 2 5 % = Y% 26% 9% 81 2% 1244 n% 1% 16% 16% o % 0% 10% 4T % 6% 2% ™ 8% s & s 8 3% 3% 5% 6% 2 .88% % 6% = o o 3 3 106% 106% ooz 1N9% 119% s 88 % 0% T8 % 31 5 5l 85% 0% 80% 21% 26% 9% 22 2% 2% Y% 6% 6% 3% 0% B0% % 50% %8 8 9% %% 6% 6% % 3% 4 4 ny 1% 28% 26% 8% 9 63 63 33 36 114 16 26% 18l 60y 62% 2% 5% 4% 6 2% B% % T4 16% 16% 4% 26 38 39% 6 6% 4% @ 3% R% 61 6% 6 %% 9% 9% 1% 2% 34 Uk B 2% 6 2% 53% 63% 3% 54 13% % 3% 2% 13 13 66% 68% 101% 101% 24% 25% 54 51% 9% 80 2% 13% 7% 8% 1% 19% 9% 99 | % 9% i 58% 60 %% %% 13 1% 18% 18% 55% 65 80 80 21 21 8 8 8% 9% 2% 6% 120% 124% % 9% 64 64 1% €4 31 31% % % 8% 9 3% BVY 4% 46 EAVY MATURITIES | NEW YORK STOCK EXCHANGE | Received by Private Wire Direct to The Star Office. 2 Open. High. Low. Close. Union Oil. - 15% 16% 15% 16% Union Pacifi S120% 1214 120 121% Union Pacific ... 65% 6% 6% 6% United Drug. 46% 51% 46% 61 United Drug 1st... 33% 384 38 38 United Fruit......104 107% 104 106% United Retafl Strs. 61 . 62)% 60% (2% USCastIrPipe... 8% 11 12% 14 USCastlronPpf. 41 4 a1 4« U S Food Prod. 18 16% 16 16% USIndus Alcohol. 46% 4i% 46% 4715 U S Realty. L4541 45 a1 USRubber....... 44k 4% 43% 4% USRubber Istpf. 79 8 79 3 U S Steel. ST W% m% W% U S Steel pf. 109 109 109 Utah Copper. 6% 4 6% Vanadium Corp... 21% 29% 21% Va-Car C 2% BY% 0% Va-Car Chem pf... 67% 68% 6% Vivadou 6% 6% 6 Wabash. TH o TH TR Wabash pfA...... 20 20 19% WesternMd...... 9% 9% 9% Western Md 2d 6 L% 1. i Western Pacpf... 60 € (0 60 Western Union 3 83% 85 B2 Westhouse E& M. 45% 44 43 44, Wheeling & LEDf 16 18 16 16 White Motor...... 3 8l% 3 334 White Oil. LT Th TR T Willys-Overland.. 6% 6% 6% 6% Willys-Ovld pf.... 2% 28 26 28 Woolworth 107% 107% 107% 107% Worthington ( 5 65 By &5 High. Low. Last. Call Money. 5 4% 4% HOURLY SALES OF STOCKS. 11 am. . 6 600 1Zm. - 163 200 1pm..... 198 700 p.m....379 90% SUCGESSFUL SALE 1 %% | position thigh of 100% and the NEW YORK. August 30.—The in- vestment market was stimulated to- day by the prompt success of the lat- est South American loan. The $7.- 00,000 Uruguay § per cents were well disposed of previous to this morning, but it had scarcely been ex- pected that the second half of the Brazil issue. amounting to $25.000.- 000. would go as quickly as it did. These boncs had all been sold be- forel midday, They are put out at 9815, to yield §.15 per cent, whereas at 97%, per cent. The 1 per cent d was the equiva- lent of the market appreciation in the first issue. lway bonds were generally higl er, while industrials were somewhat ir- regular. Cerro de Pasco $s sold off half a point to 106, and United States Real 5, which recently went as high as 8§, came down to 87. There was some activity on the sell- ing side in American Agricultural Chemical first and reunding 7%s, as the result of the extremely heavy shrinkage in profit and loss accounts disclosed in the annual report. The losses, bad as they are, are probably not such as to endanger the of the bonds. but it was natural that the publioation figures should have induced #bme of the holders of the American Agri- cultural Chemical to switch into other securities, selling near the same level. where the earning position is bet- ter. Pennsylvania 6lis their equaled eneral 7s and g 4 were both fractionally gher. Atchison_general 4s sold at 7ily as against d the close of last s a demand for 0 convertible 41 following the excellent earning stat ment of July and_these bonds rose nearly a ‘point to 77%. Erie first 4s were up to half point to 55, while convertible A's were down a point. Central Pacific guarantee 4s highér at 74%. Traction bonds gen. erally equaled their lows of yesterday. Manhattan 4s at 521 and the Interbor- ough Rapid Transit 5s at 481s, but sub. 2* | sequently they had a fair rally. There was some_demand for Pacific ;:Sl( as and Electric 5s at an advance to 4|7 % 6% Sinclair Oil Ti%s rallicd with the:\ 6% | securities and the improvement in ship- 9% | ping stocks brought a recovery in the 4213} Mercantile Marine 6s. | 12%|_In the government division Belgian 4% | 758 rose_ mearly half point to 102%. gon | French Tix equaled their high of 8| 961=, but later eased off. United King Z% | dom’ 5198 of 1937 reached their hest bk figure of the year when they sold at d 8. 491z | —_— 15§ ::’{ NEW YORK SUGAR PRICES. 12%! NEW YORK. August 30.—Raw 39 |sugar continued firm at 461 to 4.86 24% | for centrafugal, the latter being 12% {Cuban committee prices. Sales were 5% | 2:500 bags San Domingos at 2% c. I. I., 3014 | €aual to 1.61 for centrifugal. i ; Raw sugar futures were firmer on 43% | the improving spot market®and ad- 36% | vanced 2 to 8 points. W% | Refined sugar was firm on the basis 8% { of 5.90 to 6.00 for fine granulated. 100% | Refined futures were also firm and 1% from 10 to 20 points net higher on| 3% | the strength in raws. - 19% | —_— Tt FOREIGN EXCHANGE. 16% Selling ‘ks—Dollar values at nocn today: 1% I Loudon Paris 22 | Brussels . 31% | Berlin T4% | Rome 18 | % | 2% 524 94 8% 4% 9 26% 1% 67% 38 39% 2% a 81 4% 3% 2% | 82% €6 14% 36% 19% i 2% 8 19% “% 88 0% 133 106% [ 24 0% 3% 3% % 3BY% 28% 1% 1% 6% “ Stockholm Amsterdam RBelgrade . 4 Mont _— VER QUOTATIONS. 0% BAR NEW YORK. August 30.—Bar silver. domestic. 99% - foreign, 62%. Mexi- can dollars, 4% i LONDON, August 30.—Rar silver, | 381ad per ounce; money, per cent. ! Discount rates,’ short bills, 1% per cent; three months’ bills, 4% per cent. PARIS BOURSE QUIET. TARIS, August 30.—Trading was quiet on’ the bourse today. Three per ent rentes, 56 frar 5 centimes. Exchange on London, 47 francs centimes. Five per cent loan, $1 france 45 centimes. The dollar was quoted at 12 francs 52 centimes. —_— MONEY AND EXCHANGE. NEW YORK, August 30.—Prime mer- cantile paper, '6ablg; exchange stron; sterling 60-day bills and commercial 60- day bills on banks, 3,67%; demand, 3.703 cables, 3.7 Francs, demand, 7. Belgian francs, d guilders, adm, lire, demand, 4.34} demand, 1.16%; ca- bles, 1.17; Greece, demand, 5.58; Sweden, demand, 21.67; Norway, demand, 13.76; Argentine ‘demand, 30.00: Brazilian, demand, 11.87: Montreal, 9% per cent discount. Government and railroad bonds ir- regular. Time loans steady; 60 days, 90 days, 6 months, 5%a6 per cent. —_ OIL STOCKS. Quotations furnisbed by W. B. Hibbs & Co. Bid. Asked. Anglo-American Oil Co. (new).. 14% ~ 15% Borne-Scrymser Co. 345" 360 Buckeye Pipe Line 80 Cheseborough Mfg. Cq 130 ‘ontinental Oil Co. 105 Crescent Pipe Line 25 Cumberiand Pipe Line. 115 Eurekn Pipe Line, 75 ' 32 Galena-Signal 0l ‘Co. Galena-Signal Oil C Ilino Line Co. Indiana Pipe Line Co. National Transit Co New York Transportation Co... Northern Pipe Line Co. Ohio 0il Co. Pennsylvania: ) Prairie Oil and Gas Co. Prairie Pipe Line C Solar Refining Co. Southern Pipe Line Co. South Penn. Ol Co. Southwestern Penn. Pipe Line Co Standard 0l Co. California. Standard Ol Co. Indian; Standard Oil Co. Kansas Standard Oil Co. Kentueky. Standard 0il Co. Nebraska. OF BRAZIL BONDS, the first half of the offering was sold | of thei weres arriving in bad condition sold at con- | September . _FINANCIAL." *19 'S BOND PRICES Somic, Auguat. 36 i 1 . NEW YORK, August 30.—Cotton > = : futures opened ‘firm; October, 16.25; S}FSY“I}HIE;IQEOSH Protect[on ! Closing prices reported to the Star over direct hu':-n Rn:I“' y gen. 4s.... g} December, 16.65; January, 15.70; March, conl‘fl‘vltlve‘ margins New York-Washington wire by Reqmond & Co. | fonthers faliway 81+ |16.80; May, 16.93. — E : (ity of Paria 6 1021 915,16 | Unlon Facifc cony. - W3] The market showed continued Weekly Fintncial Review The . foundation. prie t g nion Pacific - Government of Switsor 106% | United Btates Rubber 714 {Strength at the opening today. Higher Sont o e | ciple of this Hou:e is Kingdom of Belgium 7%s. 102% | United States Rubber 7 ¥8% | Liverpool cables and firmer torelsnl i Bicl - £ U. K. of G. B. ond Irelan 1921, "99% | United States Steel 8. F. 58, 94% | exchange rates led to a further broad- H absolute protection of U. K. of G.'B. and Ireland 3i4s 1922... 98% | Vacuum Oi) Corp. 7s 1936, <101 ! the investor. s OF G B ind Ircland Oipe 1039... 80% | Virginia-Catolige’ Chemical 7148 1982 91 lening of commission house demand, SMITH, ANDREWS { 3 Vit G. B. and ireland G3s 1987... 88 | Wilson & Co. 1st 6s.. 8% | while ther. buying or cover- After all, boying invest- American Tel. and Ter. conv. 6. while there was rebuying 1, boying A Ao s O el e SHORT_TERM SECURITIES. | |I08 by yesterday's sellers for a re- & MARSTON ments is like buying Atchison, Topeka and Santa Fe gen. 4s.. T1% 5 i |action. First prices were 29 to -40 et anything else. Your Atlantic 'Coast Line 7s, 1033 (Reported by Redmond & Co.) points higher, with December selling Eeet W & S be Atlantic Refining Co o i 101% Bid. Offer. |up to 16.67, while May touched 16.98. Washington, D. C. protection is the in- i\’:lll:: Powder Co. 7i4s 1980.. 963, | American Tel. & Tel. 6s 1922.. 085 gg,é These higher prices. attracted heavy tegrity, - responsibility, E e ::: gl;.xu conv. 41gs. L .- 971, | realizing, and there were reactions of | good judgment and ex- Baiti A 974 | 10 or 12 points after the call, but the = ; A ultimere and Ohlo 8. W. h absorbed ez 2 perience of the House Eethlehem Steel refd. bu 97% | offerings were well enough absorbed | New Yerkaioos i ! ¥ b - Burlington (N. P.-G. 8814 | by trade and scattered buying to give! el i rom which you buy Canadian Nov AuBiarial o 2uttven 4 o thelmafll:let a st'e;dyhundsrtune. Ltl;er- Baltimore Stock Exchange i them. 4 entral Lenther B, 87l | -American - 100%, pool cables said the advance there i . Central Pacific 4s 1 Tty | Gethleliem Nieel 70 1 % %% 1had been due to belated short cover- e et e 1 Our First Mortgages :::::::: ::? ‘-);I:.‘n‘.:“Q X o m‘_;'",,_:_'l‘;l_ '{; 'xg—;{ . m'” 98ig | ing and fresh Manchester buying with H afford the protection 5 'n. ». * 5 X X 1 R OBl v '8 L ezt Bl O ORLEANS, August 30—The every conservative in- Mil g B Pont o 4. & ¢ Lo 893 | cotton market opened steady. Octo- oS e vestor desires. The yield g0 Northwedter 7a- 1930 | Con. Gax of New York 8s 1921, 10013 | ber, 15.99; December, 16.35; January, i of 8% available now is Rock sland and Pacific refdg. 4s. i Coperh - 101 | 16.48; March. 16.55; May, 16.66. | accompanied by the q Unfon_Station 614, CopPer B o1y | A sensational rise in ‘the Liverpool E Ul | d £ | Consolidated Gas Ts.. Copper Bxnort “Av ne 19 1015 { market caused a responsive bulge in same marked degree qf 1}_!;}““;;;;;r:imu Hudson' 7 1630 Cudahy Pucking Co. 7o 1053, 99" | the local market on the opening today, I safety our investments Sy o 1 B. F. Goodrich 7x 1925 903 | which carried prices to new high levels 03 13- i 5 General Electric | Gune oI Corporaton' 7 683 L38% | for ‘the season. October rising 'to 16.05 | Co-Operative Building ! °°“":“a"y p°ss°s|sl . J. Heinz Ty 1930. . 0% | and March to 16.60. Heavy realizing by ' it i ou_cannet cal Great Northern Tn 1936, Hocking Valley 7y 1034 92% | ongs met the improvement ana prices | Association or list _of !Inum.n Central Gigs Kennecott. Copper 12" it 9314 5;""“";;; thellist “"(‘L"'"‘d"l,"'h"f flb“” Orzanized 1579 4 uteruational Mercai Liggett & M 9 0015 |26 to points at the end of the first 5 PLETED | Iuter. Rapi nsit 1st and ref. 5 PIoGer & Gommie e 1% 130% | hour’ of business. October fell back to 45T AEAR DOMELETED, | l\;;;;.mle fi::-. n.nvdu;; 7% n‘n ) 1%, Procter & Gamble 7s 1923 100% | 15.89. $4,303,836.65 | { MiSnouri” Pacific. generat o, £ | Soars, Kocbucs o 00y 100%! NEW ORLEANS, August 30.—The 1,065,322.59 | New York Central 7s 1930, Sears, Rocbuck & Co, Tu 1 99 |market came back strongly on reports | New York Central deb. 6s. Bears, Roebuck & Co. T 19: 97% | that large traders were heavy buyers; YOFI' Money New York Teleplione Ge. Southern Raflway (4 1922 97% |of contracts. There was also large || Norfolk and Wentern con; Southwestern Hell 7s 1935 97% | buying by outside interests which ap- |J| and your self-respect as well will in- ||| Yorfolk and Western con Bwift & 97% | peared to be based on belief in un-|f| (rease it you SAVE FOR A PUR- f| Nortiiern Pacifc 4s. e & co: 7 1 81% | Favorable weekly crop accounts from the |[| FOSE-yith thet uome of sour dresms ff| Ution Tunx Gar s, 1630 1014i| svvernmentitomorram SR g Al | Western Electric 7n 1925...... 101 oward 1 lock the trading months Subscriptions for th I Pennsylvania Weatinghouse B & M. 7o 1681, 1014 1013 | were 52 ta.58 points over the close of | AT 1 LOANS ON Eos i 5 yesterday, with October at 16.18. i 81st I of Stock Reading gener LIBERTY BOND CLOSING PRICES.| LIVERPOOL, August 30.—Spot cot- || ssue LIBERTY BONDS el and NEW YORK, August 30.—Liberty |ton in good demand: vrices hz:“rg:i«:;:: & | Being Recelved : — t and Bold . Conis and San ¥ bonds closed: 3%s, 87.44; b onge: ‘middiing, 10.36; Tow miodline. [ hert. 3 Each e ponds closed: 3te, ST frst 4s. 816, | 055, "midaling. 16.36; Tow midaiing: Shares, $2.50 Per Month e Al Linefretd 2 . 87, rst 41s, 7 9.56; good ordinary, §.56; ordinary, 781: | [] th St. N.W. second d4is, STEO; thid 4%s, 9186, |salem 12000 balcs, dncluding 10200 4 Per Cent Interest 604 14th St. N.W. 3 fourth 4%s,” 87.90; victory 3 i American; receipts, 16, ales, includ- = lihern Pacific cont. 2o victory 4%s, 9588, ing 8,900 American. Futures closed qulet M [Dan ety Rt resegd uet | EQUITABLE BUILDING oney to : and Live Stock LOCAL WHOLESALE MARKET. Eggs—Strictly fresh, per doz., 40; average receipts, 39. ‘lee poultry—Roosters, per Ib., 18; urkeys, per 1b., 33a35; chickens, spring, Der Ib., 32a33; hens, per Ib., 24a27; keats, young, each, 35a50. Dressed poultry—Fresh-killed spring Grain, Produce GRAIN AND PROVISIONS. BALTIMORE, Md., August 30 { cial).—Potatoes, new, bu., 1.75a2.00; 100 1bs., 2.25a2.75; Nos. 2 and 3, 50a 1 weets, bbl., 3.25a4.25; yams, 3.00 a3.50; beans, bu., 75a1.00; beets, bunch, cabbage, head, 5a8; carrots, 3a4; celery crate, a3.25: corn, doz.. 15220; cucumbers, basket, : 35a50; egkplants, basket, 15a20; let- | Sriokens. per Ib. 35a3s; hens, per Ib. tuce, bu., 75a1.25; lima beans, bu., 158 | ia4q. wene; Per Ib., 22; turkeys, per Ib., 1.00; onions. bu. 1.60a1.75; peppers,|” ) €Ats. young, each. 60a75. | basket, 15a40; sq basket, 15a20:| Pork—Dressed, small, per Ib., 15. tomatoes, basket. 5 bu.. 60a1.00: | Live stock—Calves, choice, per Ib., | apples. bbL, 2.50a4.50: bu.. 150a3.00: (1l lambs. choice, per lb., 10al1; live cantaloupes, basket, 60al.10; crate, | NOES. ber Ib., 10 1 P erapes, common, basket,! Green fruits—Applcs, per bbl. 3.00a 1.25a1.50: peaches, basket, 1.50a1.75; |20.0% Der bushs] basket, 1.00a3.50; west- bushel, 3.7515.00; pears, Bartlett, bas- { &' Per box, 3.50a5.00; C Hforg_nlarm;"’\; Ket, 1.00a1.25fM Seckels, 75a1.00; com- |ONS: ~ Per box, 4.00a5.50 Canforn! mon, 50a7 plums;: ‘bui§+2:00a3.00: 1 CTanEes, per ‘crate 16.00a7.00; DR, watermelons, selects, per 100, 15.00a |Per crate, 400a6.00; cantiloupes, P 25.00; primes, 5.00a10.00. :'eéu}n,i: = Selling Prices at Noon, barrel, 5.00a6.00; No. "2 Wheat—No. 1 red winter. spot, 1.34 | potatoes, per barrel. ew York, tember, 1.21%; October, 1.23% ; cargoes 2 P! : , 1.00a1.50; on grade No. 2 rea winier. garlicky, | 5004330 per bbl: cucumbers OIS 1.20; No. 3. 1.14; No. 4, 1.09; No. 5, 1.04. | 8EPIants, o en, 10a25 per doze ales—Bag lots of nearby at 1.12a | beans. 1.00: 0 per barrel; lima beans, 1.14 per bushel. | Corn—Cob, new, yellow, 3.60a3.65 per in car lots: contract corn, spot,! track corn. yellow, No. 3 or bet- 20225 per quart. BALTIMORE LIVE STOCK. BALTIMORE, August | ter. domestic, . Receipts the past w les—Bag lots, white, fly cut. at|head. against 4.40¢ head last week wharf, 60263 per bushel; No. 2. 42a|114 carloads for market for the week 4215: No 3. 35a38 %4, and 103 carloads for market toda; Rye—Bag lots of nearby rye, as to | cet active with choice and good quality, $0a1.10 per bushel: No. 2| Market active with choies 2nd FOO0 western export, spot. 1.10 per bushel: = mon steers and heifers about steady; 3, no quotation. steady. | “Hay—Receipts of new hay vester. fday were 70 tons. For beiter grades V'of timothy and light mixed hay a i fair inquiry at 15.00a20.00 a ton. Hay | bulls and cow. hoice to 9.00 butcher, 7.00 to 8.00; medium, : common, 4.00 to 5.50. Heifers—Choice, 6.50 to 7.00: fair to good. 5.75 to_6.23; common to me- dium, 4.00 to 5.50. Buils—Cho =ood, dium, good | .75 to iderably less. The condition of new hay received shows improvement, with fair demand, at 18.00 to 20.00 per on. Straw—No. 1 straight rye, nominal; 0. 2 straight rye. nominal: No. 1 ngled rye. 15.50: No. 2 tangled rye. {14.50; No. 1 wheat, 13.50: No. 1 oat. 3 | nominal, 14.50a15.00; No. 2 oat, no| Sheep and lambs—Receipts for the quotation. | week were 14,080 head. against 12,770 CHICAGO, August 30.—Wheat opened | head last week. Fair supply; market 1 _cent off at the low point on theldull and lower. Sheep, 1.00 to 4.25; Chicago Board of Trade today. Scat-|lambs, 4.00 to 10.00; extras, 10.25. tered selling of September corn and| Hogs—Receipts for the week were ts wenkened the coarse grain mar-|9.869 head, against 7.040 head last | to 5.00; fair to common to me- kets and the decline affected wheat.|Week. Fair supply. market stead: The start was l=al lower, with Sep-|Light, 11.10: medium, ember at 1.30%al.21, December at|10.30. L 10.7; s, {1.23a1.23% ana ‘May ‘at 123%al.26. |, Calves—Receipts for the week were Commission house selling found the|2.216 head. against 1,464 head last market rather poorly supported and Fair supply, market higher. Calves, 4.00 to 11 ! helped cause the decline. extra, 12.00. At the end of the initial hour prices had rallied a shade, but were % to % DAIRY MARKETS. below the opening. BALTIMORE. Md., August 30 (Spe- Corn opened easier in sympathy | clal). — Chickens — Alive, Springors with other grains. Opening prices|pound, 26a30; White Leghorns, 24a2¢ !were 1 lower, with September at|old hens, 23a38; old roosters -1 454% to 54%. December at 54 to 541 {ducks, 18a24; pigeons, pair, 25; guinea nd May at 57% to During the |fowl. each, 70. {first hour the market slumped some-| Eggs—Loss off, native and nearby firsts, per dozen, 37238 - Butter — Creamery, f 42a43; prints, what and prices dropped another % !cent. Sellers of bids in corn were forced to protect themselves on the ; Southern, 35 ancy. pound, 43a45] mearby cream i dan ery, 38a39; ladles, 30232; rolls, 28230 WHEAT: Open. Higi. Low. ~Close. { StOT€ Packed. 26a27: dairy prints, September . % 1; | 28230; process butter. 34a. | December 1 EORS NEW YORK, August 30.—Butter un- settled: receipts, 16,896 tub: ery, higher than December extra, AT creamery, extras (92 score). AT creamery, firsts (38 to 91 Rt 36%a39%: packing stock. curren CHICAGO LIVE STOCK MARKET. | “Eggs firm: receipts, 19.280 crates: | CHICAGO, August 30 (United States ! burcau of. markets).—Cattle — Re- ceipts, §.000 head; beef steers, |steady to 13c higher; prime yearlings, bulk beef steers, 6.7529.75; she steady to strong; bulk fat she : canners and cutters butchers, 4.50a5.7! higher; bulk vealers, : stockers and feeders, steady to strong. Hogs—Receipts, 22,000 head; steady | fresh (gathered, extra, firsts, 38 fresh *gathered, firsts, 34a38: wrath Pennsylvania and nearby western hennery, whites, firsts to extras, 47a do.,” browns, extras, 46a49: do. gathered, browns and mixed colors, firsts 1o extras, 35a45: refrigerator, | special marks, 36a37; do. firsts, 31 Cheese steady; receipts, 2,444 box- es; state, whole milk, flats, fresh, s |5;:'a‘,|4‘s. £1a1ls; do., average run, to 10 lower; later, largely 15 to Poultry—Live, steady; broilers, 26a lower than yesterday's average; pack- fowls, 21a25. ling grades off most; better grades| Dressed—Steady; old roosters, 20a fairly active: n(herls‘ sl‘nw:h(op. 10.01 22; turkeys, 25a28. bulk light and light butchers, 9.50a | CHICAGO, August 30.— _ 9.90; bulk packing sows, 7.25a7.65; | Higher; creamery extras, 39 omas pigs, 10 to 25 lower; bulk, desirable, |ards, 36%; firsts, 33%a38; seconds. 3 4 32% Eggs—Unchanged: receipie’ 1o° 668 cases. Poultry—Alive, unchanged. Potatoes—Receipts, 86 cars; slight- Iy weaker; Idaho and Colorado round Whites, sicked, 2.80a2.65; Colorado early Ohios, 2.50; Minnesota <an. sas, 1.50a1.75. SRt T 25,000 head; na- tive lambs, 26 to 50 lower: top, 8.50 to city butchers; packers, top, early, £.00: good o choice holdover western lambs, 7.50a3.00; no fresh range stock sold early. Buy Bonds 'NOW The bond market was never more favorable for the investor than it is today. Money is becoming “easier,” and although, we are still of- fering high-grade securities yielding from 7 to 8%, we be- lieve interest rates will soon be lowered. Therefore, Puy Bonds NOW. CRANE, PARRIS & COMPANY INVESTMENT BANKERS 823-15T STREET-N.W. PHONE-MAIN- 593 {per bushel; No. 2 red winter, spot. nearby, per crate, 7sal.25; New York {1.33; No. 2 red winter, garlicky, spot, | crate. 1.50a2.25; celery, per e i | 1.21 & Lo {romaine lettuce, l.mml.s‘:): cymg:i::_ge:.l e 50a75 , T , August wheat, 1.21 per bushel; Sep- [Der crate, 50aid; spinach, per (RCE5 January, £30,000—7% interest, in sums of $1.000 to $5.- 000, secured by first deed of trost on real estate. Joseph 1. Weller 420 Wash. L. & Trust 10.59; | 9. JOHN JOY EDSON, President FRANK P. REESIDE. i 915 F St. N.W. : Sec’ bidg.. 9th and F n.w. ERNST & ERNST; AUDITS—SYSTEMS TAX SERVICE ~ Washington Office MUNSEY Bioc. Whenyouask for quotations or latest market news here, 10 one will call upon yos. Your inquiry will be an- AUTO NS RAN i o mR e Board Room, over the Real Satisfaction phone or by mail. [ Send for Just as an efficient radiator on your car cools your engine, just so is your temper c¢ool- ed with a check from us if you carry our com- plete automobile insur- ance policy, which pro- tects you from loss by fire, theft, accident or property damage to an- other’s property. B. F. SAUL CO. Automobile Insurance 934 N. Y. Ave. N.W. dependable market review Investor & Trader This week’s issue contains unbiased information on many securities. Youwill be particularly interested in special articles on 0i/ Com- panies and Present low prices of Stocks and the Marke and Business Condisions page. Ask forcopy effect. buying annual intome. investor receives in | In purchasing our l First Mortgage ||| Notes *|i : semi-annual interest || the investor is, payments a Fixed Income of 79 for the use of his money. When | notes mature he re- ||} ceives payment of || principal at par for ||! the notes he owns. ‘ H i the | e BALTIMORE OFFICE all. phone ABLE BUILDING or write for Al details. Also our booklet, “Safety | Firat— Then Profit.” We have notes in denomina tions of $100 and up. New York Chicago Boston Phil i Pisbargh Detroi Baltimore Crenchnd ONES & BAKER embers New York Owb‘anla William S. Phillips ||} Real Estate Investments 3 1409 - Y. Ave. Mal Good Judgment When You Invest in FIRST |MORTGAGES They give you freedom from worry and annoyance and yield 7% | | g In Denominations of $100 | and Up | Safety is unquestionable when placed by S!lannon & Luchs Main 2345 713 14th St. Why Dig Forever? Work is a wonderful thing—but so is thrift. There would be small joy in our work if we thought we had to dig forever. Investment in our First Mortgage Notes on improved Washington, | D. C., property is a guarantee against that time when you will wish to stop business. Swartzell, Rheem & I-iensey Co. 727 15th Street NW. Washington, D. C. | . The Nation’s Home Town ! 52 Years Without Loss to an Investor Organized in 1814 Open Until 5:30 P.M. Tomorrow and Thursday Encouraging Pay-Day Depositors € Washington’s OLDEST National Small Checking Bank makes it easy for you to be- : AccouneCkum gin saving—profitable for you to Invited keep at it. & | Initial deposits of One Dollar or B | more are invited and 3% Compound ; (0) - Compound Interest X4 Interest paid. Paid .on Savings 4 q Strike out on thrift’s highway This Pay Day. and.let this one- f hundred-and-seven-year-old bank be your partner. Its prestige. g;% strength and large resources will SIfG_‘ 4l prove of value to you in your thrift DB"“' efforts. OFFICERS: GEORGE W. WHITE..... ARTHUR T. BRICE WALTER BROWNLEY FREDERICK De C. FAUST DIRECTORS: C. F. R. OGILBY J. H. RALSTON HUGH REILLY ....President O.H. P- JOHNBON EVice s WM. F. GUDE FRANK P. REESIDE C. F. R. OGILBY Teust Officer JOHN B. HENDERSON . T LAWRASON, RICGS C1F-{ JACOBSEN 2o Cashier S AL SoHNSON HERBERT T. SHANNON { J. GALES MOORE. e itor RUDOLPH KAUFFMANN H. C. SHERIDAN ] . SMITH, Jr. SI“A‘I.“TEGI R. TUCKERMAN W. A. WIMSATT GEORGE W. WHITE .Asst. Cashier . .Asst. Cashier .Asst. Cashier Dr. J. THOS. KELLEY, Jr. A. LISNER TOWNLEY A. McKEE JOHN H. MOORE Travelers’ Trust Chocks Open at 8:30 A.M; Every Business Day ), . National ‘Metropolitan Bank _ Capital, Surplus and Undivided Profits Over $1,500.000 15th St,Oppoute uU. S. Treasury—107 Years pld CHAS. E. BRIGHT..... ALBERT H. BEDFORD. C LOUIS ECKLOFF