Evening Star Newspaper, October 24, 1921, Page 21

NEW POTOMIAG 75 ONMARKETAT381- FINANCIAL. Utility Commission Gives Ap- 1 proval to Issue and Sale to Syndicate. BY L A. FLEMING. The District Utility Commission has given its approval to the issue of} $2.200,000 Potomac Electric twenty- | year 7 per cent general mortgage bonds, dated October 1, 1921, matur- ing October 1, 1941. The bonds contain a number of re- deemable propositions, thirty day notice at the option of the company at 107% during the first five years of the life of the issue. at 105 dur- ing the ten-year period succeeding the five years, and at 103 during the last five years prior to maturity. Announcement of this issue was made in this column early last week, with the statement that the bonds had been sold to a syndicate headed by Harris, Forbes & Co., National City B.tnk and Crane, Parris & Co. of this city. The approval of the sale of the bands made on Saturday was follow- ed by the opening of the subscription books at 11 o'clock this morning and the word at noon is that the bonds are going off very rapidly. These are the bonds, the first issued, under the so-called open mortgage, which gives the directors the right to arrange details of an issue of bonds at the time of authorizing them with- out new mortgage. Eventually all the refunding opera- tions of the Potomac Electric Com- pany will be carried out under this open mortgage. The present issue of general and re- funding 7s were put on the market at 981, to yield 7.15 per cent. The mortgage required a sinking fund equal to one half of 1 per cent of the bonded debt, each six months, for the purpose of redemption and cancellation of the general and re- funding mortgage 7s and an amount equal to at least 5 per cent of the bonded debt to be used annually for lacement ands maintenance. “Fne following comparison of earnings for the twelve months ending August 31, 1921, is made with the earnings for the corresponding months to the same date of 1919-20. 12 months ending Aug. 51 1920. 192 Gross earni 430,43 $3.029.207.74 2,500 ngs. . ting expenses. Net earnings. Anaual interext $12,759,000 boud: If ‘Secretary Mellon decides to float an issue of certificates with November 1, as it is generally belleved he will, the rate will probably be 43% per cent. ‘This will be the lowest rate of gov- ernment financing, if it is made, but al! of the existing certificate issues are selling below that basis. The only issues that approximate It are the three-year notes, which are quoted a little higher. Local Securities. Business on the local stock exchange was greatly restricted, sales being at mbout previous prices. PULLMAN IN BIG MERGER. CHICAGO, October 2 Negotiations for Car Company by the Pulman Com- pany are in progress. Such a merger will unite two of the largest railway equipment concerns in the country, making a corporation with assets of approximately $183,000,000. An_ ex- change of Pullman stock for the Has- kel-Barker shares wil be one of the features. This prospective consoli-; dation has been one of the reasons for the sharp advance of shares of | both companies in the stock market in the last few days. Haskell & Barker has outstanding 220.000 shares of capital stock of no par value, which is carried at $11,- 000,000, or $50 a share. ‘The Pullman Company’s outstand- ing capitalization is $120,000,000. It has $20,199,255 surplus. Total assets and liabilities as of July 31 last were $163,248,989. The annual rate is $8. DEFICIT FOR HAWAII SUGAR. SAN FRANCISCO, October 24.—Not | more than 75,000 tons of sugar remaln | in the Hawaiian Islands to be ship- ped here. Although this is an fm- provement compared with what was expected, conditions on the islands are for from satisfactory. It is learn- ed dividends paid this year by the plantations have come out of accum- ulated reserves. Current operations | . show a substantial deficit on each plantation is reported. Honolulu Plan- tation Company’s output wil he 3,500 tons less than the estimate of 12,00 Regular dividend for first time in many years is passed. Waimanlo Sugar Company has authorized a bid | of $20,000 a year rental for the 2,572 acres of government cane land oni which the plantation is located. dividend LIVE STOCK OUTLOOK BETTER. | ST. PAUL, October 24.—Live stock producers of the middle west, for the first time in many months, see en- couraging signs. The supply reaching the central markets is more nearly in line with demand than for six months. The choicest grade of beef steers is 5o scarce that prices have reached higher_levels than heretofore this wvear. So far this year there has been 2 decrease of 1,600,000 in cattle re- ceipts at the twenty maln markets, compared to 1920, while 17 per cent fewer cattle have been shipped back to the country for fattening. as com- pared with last vear. Shortage in Bheep and mutton” also impends. RATE ON DOLLAR HIGH. MOSCOW, October 24.—The official “hange rate on the dollar reached ua«{‘oo rubles on Thursday of this week. —_——— OIL STOCKS. Quotations furnished by W. B. Hibbs & Co. Noon prices: Anglo-American 0il Co. Borne-Serymser Buckeye Pipe Line C Cheschorongh Manutactaring G Continental 0il Co. (new)... 325 FOREIGN BONDS. Quotations furaished by W. B. Hibbs & Co. * >3 &;: lvv:a s 8% ] mzaSag ".F&‘;&‘F ) % ® RS n Js. lllllln notes lm 40;5 igian Re o Beigian Prem. 5& = &2 of ] Adams Express... 48, 4 Alr Reduction. n Ajaz Ruober. 5 20% Allind Chemical... &% % Allis Chialmers 2% Allied Chem pt. 8% Am Agr Chem. 31 Am Bank Not. [ 2% 3% Am Brake S 10e. % Am Brake Shoe pf. m 0% Am Can. 2 Am Can p: 6 Am Car & Fdy. 130 10% 39 130% 104 [ 6% 654 Am International. 3% Am La France. 8% %% 9% Am Safety Rasor. . o Am Ship & Com... 5 Am Smelting 7 8% Am Smelting pt. 75 1% 106% Am Steel Fdy. % Am Sugar. [ Am Sugar pf. 7 Am Sumatra. 5% Am Tel & Tel 108% Am Tobacco. L5k Am Tobacco pf (n) 2% %% 124n Vi % bt [ % b G5 0% Assets Realzn. 144 Asso Dry Goods. 3% Asseciated Oil. 6% "% 0 Atlantic Cat “ Auantic Fruit Co, 2% Atlantic Gulf. 2 Atlantic Gulf pf... Ed Atiantic Petrol 21% Austin Nichols pf. .6 Baldwin Loco. W B&ito & Ohlo. 3% Beth Steel (B). 6% Beth Steel 8% pf... 9% 984 Bklyn Rapid I'rn.. 7% 1;9: 109% > % 5 % 1% California Pckg. .. 65% 664 California Petrol. ai% 42% California Pete pf. 78% 78} Canadian Pacific.. 1llx 111% Central Leather. .. a%n Central Leather pf 59 6% Cerro de Pasco R 9% Chandler Motor... 4l% 44 ®|Chi & EastnNlpf. 2 2 CniGreat Westn.. % 7 ChiGreat W pt 1% Chi Mil & St Paul. =% Chi Mil & St P pt. % Chi & Northwn. % Chi & Northwn D! 1003 Chi R 1& Pactic % ChiRI&P 6%pt 6n ChiRI1&P 7% Pt % Chile Copper. % Cnino Copper. 8% CCC & St Loul “h Cluett Peabody “ 38 3 % Columbia Grph pf. 1% 17 Comp Tabulator. 3 Cons Cigar pf. [ Cons Gas oL N Y. 9a% Cons IntlCal Min. % 3% Cous Textile. 16% 16% Cont Can. © 4k Corn Prod 7% 9% Corn Products pt.. 10:% 107% Cosden & C0. .. s2n Crucible Steel. % Cuban-Am Sugar. 124 18% Cuba Cune Sugar 4 Cuba Cane Su pf. 17% 102 106% Detroit United. [3 { Luaicoti-Jonnson. 65% 68% Endicott-John pf. 100 100 Erie. 22 wrie 1st pf... 1% Krie 2d pf. 12 ramous Player: 6% ramous Players pt £ Fed Mines & Spf.. 4l 4% Fisher Body ot O pf. o1 Fisk Rupber. 10 1% ! Freeport Texas 1 Gen Asphalt. 8% Gen Cigar deb. 8 uen Electric. 2% Gen Motors. O Gen Motors pf . [ Gen Mot 7% deb. % Goodrich. 1% uoodrich pf 3% wranby Con: 18% Great Northern 1% reat Nor Ore. ... 0% Greene-Cananea 2% Guantanamo Sug. 7 Haskell & Barker. 0% Homestake. . &6 Houston VIl 8% Hupp Motors. % 1llinois Central i indiahoma. 3% Indian Refining. 10% ANSPITATION- <.« eon <bts inierboro Metro. . 1% 1ntl Agrl Chem pf. 6% intl Harvester.... 7 7% 1ntl Mer Marine pt 6% Intl Motor Truck % 1ntl Nickel. 18% Intl Nickel p! u int Paper. 5i% Intl Paper (sta) - 0% invincible Oil.. won 1sland Oi1. 3% Jewel Tea 1% Jones Tei 2% hansas City Sou. % hKansas & Gulf Co. 1 Kresge (S8)..... 161% 161% nelly-Spring 0 Kelsey Wneel pf. %0 AenNecotl. . ..o a% Keystone Tire. 10% Lee Tire & Rubber -8 Lenigh Valley. % 5% Lima Locomotive. “ woft Anc. 9% 2% 42 nl"i Market St Ry 4 Maxwell (B) . 9 Mexican Pet 104% Miami Copper. a% -| mididle States Oll. 1% o Steel u% B % 18% oz 18% 4 109% Natl Cloak & S pf. 8% Natl Enameling. g N Y Air Brake. g N Y Central 1% N ¥ Chi & St 55 NY N H & Hart. 1 Norfolk & Westrn. MUY North Americ a North America pf. 8% Northern Pacific. “ Oklahoma | m ’:& Orpheum 106 0% “a% “% 2% 1% % 9% 9% 2% 8% 18% 18% 2 B Phillips Jones. 2% Phillips Petroleum 23% 30 - Plerce-Arrow..... 13% % Plerce-Arrow pf.. 8% 88 . Plerce Oil. 7 % @% &% 2% 2% uou 56% 56% o 9 26% 2% 804 80% 8 8 Ray Con Copper... 13 1% Reading. see 69% 69% Replron & S'.Csl. 8 NEW YORK STOCK EXCHANGE Received by Private Wire { Beugseyeggngyes g - spsle ReEORENRERESRERICEYsE" 2 | 33 o ik dtom [ et e b Direct to The Star Office. nop Iron & Stipf.. Motor Truck. Rayll Dutch St Joseph Lead... St L & Ran Fran StL&San Frpf. . St Louls Southwn. Seaboard Air Line STIOSRERR| WITH FAR ACTION s Equipments and Specialty Shares Are Leaders—Rails Are Nervous. BY STUART P. WEST. NEW YORK, October 24.—The im- provement in rallway labor outlook 2% 3% Shattuck-Arizona. ¢ Shell Trad & Tran. $1% Sinclairotl. ... ... % So Porto Rico sug. Southern Pacific. Southern Raflway 19w Southern Ry pf. Stand Ofl of Ca Stana Oil of N AnA NN Tre g Stern Bros 8% pf. . :“ Stromberg Carb. . Studebaker. Submaririe Boat Superiar O11. back of the markets today. Railway shares were not the ones most affected, although they were stromger. utility stocks were the ones most favored, because with them is no such uncertainty as confronts the rails, in event that the strike is awerted. Industrial compantes stand to bene- fit by the reduction In freight rat while they are, of course, keenly I terested in a favorable outcome of the wage controversy. But the railroads may be told by the government through the labor board that they must hold up in- definitely the 10 per cent proposed reduction” while submitting to sweeping cuts In freight rates, as were announced by the Interstate Commerce Commis- sion on Saturday The advance in the industrial sec- not a general one. It took in a majority of this class of stocks, but by no means all of them. Motor and motor accessory shares, stocks of shoe manufacturing companies, a number of the oils und one or two of the equipments, especially Bald- win Locomotive, were bid up sharoly without having much effect upon other quarters. Sugar Shorts Cover. Although there was nothing in_the letgst to suggest a turn for the bet- ter in ('Il‘ sugar trade, the sugar stock: short - interest that Broved TWBrSEIL | Thero was quits a_remarkable demonstration in some of the gas stocks, notably Consoli- dated Gas and Brooklyn Union Gas, but here again there was nothing be- yond the familiar explanation that the gas producing companies now have their costs down, while receiv- ing much fairer treatment in the main from regulating bodies. Railway stocks went up half a n. to a point and there stopped. Nothing will be clear in their situation unul arter the Chicago conference next Wednesday. Spectal Stocks Strong. After the first half hour ar so the general list was inclined to hesitate and the stage was occupled by a dozen or so selected issues. The active trading element, as fast as It saw these specialties start, would hurry to NEW 24—Li {get into them while throwing over bonta at o Qe Ee T aneY | Other things. Houston Oil had an- 9340 bid: second 45, 9 other violent rise, although most of s aseond 4%s; 9350: tthe other members of tthe oil group fourth 438 92, were marking time after their ad- victory 4% vance last week. The big people gath- ered In the floating supply of the Houston stock some time go in the forties and fifties, and_consequently there is very little of it for sale as speculators mark the price up. Endi- cott-Johnson, the sugar stocks, the motors and shares of gas companies— Consolidated, People’s and North American—were the other favorites. Compromise Likely. three-quarters of the railway union members have refused to quit Calllomns—3 and ;per cent. work at this time, it is to be- BONDS. Ti that the brotherhood chiefs would welcome any sort of compro- Bid and Asked Prices. mise that the Labor Board might il propose. American Tel. and Telga. 4s. Frem the standpoint of the carriers American Tel. and Telga. 4} who see an easy victory in sight, the s that the Labor Board eto consider another wage cut and order the executives pone such action indefinitel time demanding that they revoke their strike Tide Water Of1. Tobacco Prod. ‘Trans Contl Of], nfon O11 TTnion Pacific. nfon Pacific pt, Tnited Deng. Tnited Frnit nited Ry Invat... 7% TTnited Ratall Stre. B3t U S Expres 6 "8 Fond Prod bt TS Indun Alcohol. TS Realty. TS Rubber. Utah Copper. Vanadium Corp. Van Raalte 1st nf Va-Car Chem pf. . val Vi ron Coll &C.. TWahash pf A, Wabash pt B. Western Md Western Md 2d. ... Wnnlem Pacific. rn Pac pt. Weltern Uglon. .. Westhouse E & M. Wheeling & LB 12% 3 5% m% % wi I!yl-Ovurhnd Woolworth. Wright Aero. [ ms% % High. Call Money. 5% 6 HOURLY SALES OF STOCKS. Low. Last. 5% LIBERTY BOND NOON PRICES. Washington Stock Exchange. SALES. Washington Gas 5s—$500 at 2. Potomac Electric cons. 5s—$1,000 at 86, $1,000 at 86. AFTER CALL. Potomac_ Electric cons. 5s—$L000 at 86, $1, 65—$1,000 at mn;wn Railway general Asked. 813, 89 wW Metropolitan R. Potomae Electric Light mode of settlement. with ht rates going down, would be a serious blow to the roads, and yet, if they defled the ruling of the Labor Board, they would run the .risk of having the government against them in their contest with the men. Central Leather. The Central Ieather statement. due this weck, probably tomorrow, is ex- pected to’ show another loss of ap- 2,000,000 This com- ppears to be still in the throes of its readjustment period, au; its main_line of b which is that of the coarser of leather, s not yet turued corner. There fer in the vear when it ‘appeared as if the business of Leather was getting better, *hington Gas 1!;,»1 hington Rwy. and ush. Rws. and Elee. G. M. 63, MISC Riggs Realty M. “Cola Storage 5, STOCKS. CpUTILITIES, 1 street situation majority of experi- the market is a There is a pro- tendency, but this does not mean_that reactions will not be frequent. Moreover, the principal buying and selling originates with professiona looking is kind of thing always sudden twists and turns to the extent of a point or t EXPORTS STILL DECREASE, BALTIMORE. October 24.—Balti- more’s September trade figures show that exports decreased again, in comparison with the preceding month, although there is some im- provement in the import to For eptember expa from this port amounted to $3.09° as bpposed to 1 and $36,408,385 in Sep! Imports in S tember, 1921, (o d $2.980.118 agains in the preceding month ,574,373¢in September, 1920. EXPORTERS ARE WARNED. NEW _YORK, October 24—Ameri- can exporters are warned in several recent English court decisions that certificates do mot serve as satisfac- tory substitutes for policies of insur- an their “cost, freight and insuranc contracts must be revised. Substitu- tions for insurance policies are being frowned upon in all cases coming un- der the English law GRAIN EXPORTS LAG. BALTIMORE, October 24.—Grain exports from port during the week ended October 22 totaled 530,- $61 bushels, 28 " bushels being wheat and the remainder barley. exported during the week amounted to 35.352 barrels. Apparently the demand for export grain is at a standstill, the elevators at all ports being stocked with large supplies which cannot be shipped. LARGEST SHIP COMING., NEW YORK, October 24.— An- mnouncement is made that the 56,000,- ton Majestic, formerly the Ger- man liner Bismarck, the world's larg- est ship, is scheduled to leavé South- New York April 5, on her first voyage across the Atlantic. Her first sailing from New York is fixed for® April 15, which is subject to change. The Majestic is now at Ham- burg, in the hands of her German bullders. Another big German ship, the Columbus, 35,000 tons, now known as the Homerie, is schedpled to leave Southampton in the White Star Line's ervice, February 22 for her first voy- ge to New York. —_— CASH REG TRADE INDEX DAYTON, hio, October 24.—The National Cash Register Company re- ports basiness in the northeastern section of thé country better than that in othee sections, and better than a year ago. Last year the south- western section led, and the year be- fore the southeast. Plant executives say sales of cash registers hav® held well up to those of 1919, and will fall not more than 20 per cent below those of 1930. The company rezently resumed full-time operations, with a force of 5,200 men, the largest 'force in this city. Officials do not expect it will be necessary to reduce factory hours again, appears to the enced observers trading market. tounced upward American Capital Columb Second . Washington TRUST COMPANY. American Security and Trust. Continental- Trust Comerce and Saring East Washington American Arliugton Mergenthaler Linotype 0ld Dutch Market Oid Duten Market prd Lanston Monotype Security Stora, Washington Mar x-dividend. SHORT-TERM SECURITIES. Selling checks—dollar values at noon today. Copenhagen Christiania U. S. TREASURY CERTIFICATES, (Reported by Redmond & 72.) Prices at noon: Rate—M: \ 1t &5" X March rg 192; oOffer. 1921, mn;: 17-16 FOUND FORTUNE IN BEES. ‘WINNIPEG, Canada, Octaber 24— G. E. Bissonette, a farmer at St. Jean, Manitoba, was tinkering ip his wood- shed when a swarm of hees settled on a cottonwood tree in hi$ yard. This was six years ago. From what spot beyond the horizon'the bees had come Bissonette had no idea. But he hurriedly :mprovised a hive out of a soap box and made the bees at home. The swarm from nowhere prospered. Bissonette now has seventy-six col- onies that are the descendants of the nomad ancestors of six years ago. Last_year he sold two tons of honey" at 35 cents a pound for a total of $1.400. “Fortune,” said -Bissonette, “fiew to me over my front yard fence.” The findustrial and public | italk and that to avoid possible losses | M&¥ TODAY’S BOND PRICES. Noon prices reported to The Star over direct New York-Washington wire by Redmond & 00 French Government 8s 1943. French Sovernment Tis 1 vernment of Switserlan Kingdom of Bel . 1. and Armour & Co. 5. A(l‘hllon Atiantic Conpt. un G Atlantic Refining et A de 1y,- and Ohio conv. w,u Baltimore and Ohio fs. Baltimore and Ohio 8. W. Div. 8%, Bethlehem Bteel refd. Rurlington ( Canadian or. 74 Central Leather 3s. Gentral Pacitie 4 1940 over Sunday was the main thought { MIl. and 8t. Paul con Chiago Norinwestern 7 1 Chi., Rock Island and Pacific refdg. Chicago Union ation 634 DuPont 7i4s 1981 Erle general lien 4s. ville 78 193 wourl, Kanaas and Texas lst ari’ Pacific general 4x. New York Central 7s 1930, New York Cedtral deb. 6s. New York Telephone fe. Norfolk and Western cou, da. R. R. 6i4e 1936, Pennsylvanin 7s of ls&? Pennuylvamia gen. mortgage 4%s. Iteading general 4 8t. Louis and $an AIN AND PROVISIONS. - BALTIMORE, October 24 (Special). —Potatoes, new, 150 pounds, 3.25a 25; 100 pounds, 2.00 ! Sweet potatoes parrel, 2.503.50; bushel, ; barrel, 1.0021.50. Beans, bushel, 60a1.00. Beets, bunch, 3a3%. Brocoli, bushel, 25. Cabbage, ton, 25.00240.00. _Carrots, bunch, 2%a. Caulifiower, barrel, 3.00a6.00. Celer: dozen, 35a75; crate, 2.5025.00. Cucum bers, crate, 3.00a1.00. Eggplants, 3.00a4.00. Horseradish, bushel, Lettuce, bushel, 26a50. Lima beans, bushel, 1.75a2.00. Oysterplant, bunch, 6a7. Parsnips, bushel, 85a1.00. Peppers. basket, 15a30. Pumpkins, each, 5al0. Savoy cabbage, bushel, 75a80. Spinach, bushel, 75a80. To- matoed, basket, 50a75. ~Turnips, bas- ket, 60a70. Apples (packed), barrel, 5.5027.50; No. 2, 3.5025.00; bushel, 1.00a2.25; box apples, a2.75: loose, 100 pounds, 1.75a2.25. Cranberries, barrel, 11.00 a13.00. Grapes, basket, 30a32. Grape- fruit, box, 3.00a4.00. Oranges, box, 3.50a5.50. Pears, bushel, 2.00a4.00. Quinces, bushgl, 2.00a3.5: Selling Prices at Noon. 1 red winter, spot, no spot, garlicky, 8pot, 1.06%; October whea 1.06%; November wheat, 1.063%. Sales—Bag lots nearby by sample at 1.00 per bu. Cgrn—New yellow cob corn is quot- ed at 2.50 per barrel for deferred shipment. domestic, 61. Sales—Bag lot of white, at 50 per bu. Oats—No. 2 white, new, 45; white, new, as to weight, 42a43. Rye—Bag lots of nearby rye u to qualny. 80a90 per bushel; N est- ern export, spot, 87% Dt 3, no quotation. Hay—Recelpts, 12 tons; range Is still 16.00a21.00 per ton, with very little demand. Low grade hay is not wanted at any price. Straw—No. 1 straight rye., nominal No. 2 straight rye, nominal; No. 1 wheat, 13.00; No. 1 oat, 14.50215.00. NEW YORK, October 24.—Flour— Steady; spring _patents, 7.00a7.5! spring clears, 5.0026.00, soft winter straights, 5.75a6.00; hard winter traights, 6.75a7.25. !Por’i—stead ; mess, 25.00a25.25; 30.00a34. tumlrlg-nml. 10.15a 10.20. CHICAGO, October 24.—Uncertainty regarding the railroad strike outlook had a tendency today to prevent any decided movement of prices in the wheat market. Sellers were somewhat in a majority at the start, but this condition was later reversed, the view being more generally taken that bear- ish factors hud been discounted! enough for at least the time being.; Trade us a whole, however, volume. Opening quotations, which varied from unchanged figures to 1 lower, with December 1.05a1.05% and May 1.10%al.10%, were followed byl1 a rally to all nround above Saturday's finish and then by something of a setback. Corn and oats fluctuated in line with wheat. After opening unchanged, Yecember 4615a46%, corn hardened a little and then underwent a slight sag. Oats started unchanged to % off, December 32%, and kept within nar- row limits. Potatoes—Weak: receipts, 159 cars; on track, 558; total United S shipments, 1,807; Minnesota North Dakota, bulk, Red River Ohios, per hendredweight, 1.75a1.85; Wi 0. middle west, consin’and Minnesota sacked Whlte.l 1.65a1.90; bulk, 1.70a1.90; white, bulk, 1.65a1.80. Later the wheat market scored a Dakota material advance, owing more or less: to an unexpected falling off in the' visible supply total and to increased of the railroad strike being averted. Prices closed unsettled, 1% to 21 net higher, with +December 1015 to 105, and May. L12% o 1.1215. Smallness of corn receipts counted subsequently as a bullish influence. The close was mnervous, 1% to 1% net higher, with December 47% to 48. WHEAT— Open. High ILew. 14 1.05° 107 L4 1.09% 112 8% 46y W% 3% 5k 32% 3215 33 M 1 ua 374 —_— DAIRY MARKETS. BALTIMORE, October 24 (Special). —Chickens, alive, springers, pound, 24a25; poor and white leghorns, old hens, 23a26; small and white leg: horns, 20a21; old roosters, 15al6; ducks, 20a27; geese, 28a30; turkeys, 35a40; pigeons, pair, 35a40; guinea fowl, each, Eggs—Loss off, native and nearby, firsts, dozen, 50; southern, 47a48. Buiter—Creamery, fancy, pound, 4 prints, 49a51; D, ladles, 30a32; rolls, 26a30; store pack- prints, 28a30; process butter, 35a37. CHICAGO, October 24.—Butter—Un- changed; creamery extras, 441;; firsts, 35a43; seconds, 3ia34; standards, 39. Eggs—Unchange firsts, 45a46; o1 ; miscellaneous, 43a45; refrige: ator extm 32%a33; firsts, 31%a3; Ponltry-—Allve. higher; fowls, 38%: springs,” 21; turkeys, roosters, 13. 48% 13a Contract corn, spot, 52%: | bureau of track corn, yellow, No. 2 or better, ;26,000 head; delivered, I top . |age: top. 8.3 lacked | I3y 1 thern Railway ges. Southern Railway 58 fon Pacific lst Viveinia-Carolina, Chemical Tis 1632 Western Unlon Sk 1588 llson & Co. lst 6s. SHORT-TERM SECURITIES. (Reported by Redmond & Co.) American Tel. & Tel 6 1922.99 1548 903 1516 Tl & Tel. 6 1924, read 6s 1928, Central Argentine 64 1t hicago. B L & Facific 6 . & 8 in Ga 1920 (uhhy P B eien 7 Cio%S, guit, ojl Co 1. 1. Heins Hockiog Vailey de 14 Humble Ofl 7s 1923 Kennecott. Copper 7u Liggett & Myers Gs Procter & mble "% % 0. e 1923 1 98 15-14 ok Bouthern Rallway Southwestern Bell 7o 1025. LOCAL WHOLESALYF, MARKET. Eggs—Strictly fresh, per doz., 53; Aaverage receipts, 51. e poultry—Roosters. per 1b. 1 urkeys, per Ib., 38a40; chickens, spring, ver Ib., 2Fass, henl. per Ib., 25a2i; keats, young, each, 35a60. Dressea noullr —Fresh killed spring §hickens, per T4 20a34; hens. per Ib. "wa.!er- per Ib. t Pork—Dressed, small, per Ib., 12a13. I Live stock—Caives, choice, per 1b.. 12; lambs, choice, per Ib., 8%a9; hogs, | per ib., 815, 15Feen fruits—Apples, per bbl, . so-| Per bushel basket, 2.00a3. wenem. per box, 3.00: 5. lemons,” per box, orang. Q grapefruit,’ 4.25a4.50. Vegetables—Potatoes, new, per bbl, 3.75a4 Sweet potatoes, lettuce, nearby, per crate, New York, per crate, 75al.50; celery, Der doz., 75a1.00; romaine lettuce, 1.00a 15:) Symblings, per crate, 2.00a3. Iy o 5500300 per §.50; eggplants, tomatoes, per box, 1.00a4.00: corn, 20: 50 per dozen; beans, 5.00a7.00 per bbl ma beans, 35245 per quart; sprouf 25230 per quart. CHICAGO LIVE STOCK MARKET. CHICAGO, October 24 (United States markets).—Cattle—Recelp! slow, mostly stead: choice corn” fed very scarce; early gearllnss, 11.25; some held high- beef steers, 5.75a9.25; No. 3[cllvel. weak to lower; best to ers early, 11.00. Hogs—Receipts, 40,000 hetd‘ 10 to 15 lower hln Satur: butchers 5 10as ‘ Sirabie, 8.16a8.28 Sheep—Receipts, 30,000 head; erally steady to 26 cents highe: SIY aaten fat native lambs, largely, 8.25a8.50; asking 25 to 50 higher on western fat and_feeder.l B¢ Montan: best western ewes, native ewes, 4.75. —_—_— CCTTON MARKETS. NEW YORK, October 24.—Unsettled political conditiens abroad were re- flected In relatively weak Liverpool cables and the cotton market here opened steady at a decline of 12 to 16 points. December sold off to 18.13 and January to 17.94 after the call, but there was buying on the more hopeful view of the railroad labor situation and reports that a tropical storm was threatening the belt. Rallies of some 8 to 12 points were ichecked by continued Wall street, local or southern selling, however, and the market was irregular during the first hour. SSutures opened steady—December, January, 18.00; March, 17.85; 50; July, 17.04. The reassuring statement of the Railroad Labor Board gave the market a firmer tone later. (The buy- ing was probably encouraged by the firmer, ruling of foreign exchange, which had a tendency to minimize anxiety over political conditions | abroad, and the active months; wofked some six to eight points above { last week's closing quotations. There | was trade and local buying on the! rally, but general business was not: active. IVERPOOL. October 24.—Cotton i r inquiry: prices weak. Good | middling, 12.69; fully middling, 12.09 middling. 11.69; low middling, 10.4 good ordinary, 9.19: ordinary, S.44 Sales, 8,000 ‘bales, Including ' 6,800 American. Recelpts, 12,000 bales, i cluding 2,100 American. Futur, closed_steady—October, 11.87; Decemn- 53; January, 11.48; March, May, 11.21; July, 11.04. i NEW ORLEANS, October 24.—Th unfavorable European political news and a much lower Liverpool market, than due put cotton lower today, the | trading months losing 19 to 23 points 500‘ fat .lin the first half-hour of business. The hurricane near Cuba aroused the fear that the storm might sweep the Atlantics, and this gave the market a "fairly steady undertone. Futures 7. December, opened stead: 17.60 $5,000 Life Policy, $57.35 Are 40 Bend date of birth for Ulnstration Established 1065, Amets over §130,000,000, M. LE ROY GOFF, Insurance Adviser Room 610 w»‘a"-":"g:'l'uu, M. 340, LOANS ON LIBERTY BONDS B:ufl- Dought ana Seld. 604 14th St. N.W. refrigerator | NEW YORK. October 24 ——Butlar—~‘ Steadler; receipts, 6,914 ti ery higher than rxlms. creamery extras (92 7 firsts (88 to ll ccou). i P klnf stock, current irm; receipts, 8,659 case: !ruh gnhared extra firsts, 60a6: fregh gathered firsts, 54a58; New J sey hennery whites, candled, selections, 95; nearby western h s Cheese—] receipts, state, whole ik, fiata, fresh 22%a do., average run, stna ;‘v’holz m:l‘k. twtns, aver: B e q‘an.!ed Mul(ry——steldy. west chickens, 26a3 fowls, 20a38; lhz:. turkeys, 26a46. teds old extra fancy, FlNANCIAiu SAFETY —not only a promise, but an -established fact when you invest in FIRST TRUST NOTES INTEREST 7% —in your mail the day it is due. SHANNON & LUCHS 713 14th St—Main 2345 NSURAN Real Satisfaction Just as an efficient radi- ator on your car cools your engine, just so is your tem- per cooled with a check from us if you carry” our complete automobile insur- ance policy, which protects you from loss by fire, theft, accident or property dam- age to another’s property. 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