Evening Star Newspaper, July 27, 1922, Page 24

FINANCIAL Grain, Produce and Live Stock|['NEW YORK STOCK EXCHANGE devubymmwmnln«umswona LOCAL WHOLESALE PRICES. Egn—svrlcny elected, can- ; average re- southern, 23. lee paullry—-Roollarl. per 1B ll. Keats, youns. poultry — Fral keats, yo""v lee stock— Cu\el cholce, ¥ pet tve pxn 3.00a8.00 ea(h. live hag‘ De' Green fruit—Apples, new, per bbl. 3.00. per bu. basket, 1 4.5¢ Peaches. per crate, tuce, per cr. Spinach, ner bbl., P R N - FINANCE AND TRADE NOTES. | second | er reports nel carnings aggre- includes re- After deductions qu gatipg $871 Serd for depletion. incliding quarterly dividend of $685.- €00_a halance of $236.7 meeting _for on a proposal to at 336 a share. Consolidated Cigar | Mmon in Sumatra treasury on basis f 32 shares of Consolidated Cigar for «ach 100 shares of Sumatra. erican and foreign plants of Ford June produced 141,941 cars s, as asainat 125,243 in May. Rergke lacaled 4533, as against 8,950 ¥a < reported from Cairo tha government -neral to select bpg» tomplete Sudan "{'\m};f}i“f.‘: and Fuel, a Cities Serv- | Price of wheat today notwithstand- SHca e ::::!;;..lrln!ien! initial gains were ascribed Refining advanced | gar 1o 6.90 cents a \krun Chame according to | “ROUND THiE WORLD. mxtss of FRANCE" 4 MONTHS' CRUISE_$1.000 ‘l'l up iginated !au:d heWorld ( Cruises. cls LTHe MEDITERRANEAN ND' 25000 Gross Tons §5 DAYS' CRUISE. $600 and up Cack. Times Bulding, New York | “EMFRESS of SCOTLA! ! a0 ANCHOR tnes Connections Encircling the Globe | Drafts and Foreign Money Orders Information Apply { COMPANY'S OFFICE, §17 14th St. N.W. _S—OUTH AFRICA UNION CASTLE LINE For sailings and further information apply Sapderson & Son. Ge: ‘Was hln:ton Pnuu.r Agts.. Or Any Steamship Ticket USTRALIA HONOLULU. SUVA,NEW ZEALAND The (“k'" Equipped Royal u-u Steamers ’. Washington, or 10 Cane Winch Bullding. T TEVIDE! BUENOS ATRES auban, Aug. 26 Vandyck, Sept. 9 Ventris, Sept. 23 ccial Reduced Rates nformation apply com- et su-m-m,\ or | M. I District mport a"ifoit_Line 'HAMBURG AMERICAN umTED 1 TO PLYMOUTH, BOULGGNE HAMBURG i By New American-Flag Steamers "Reliance, Aug. 8; Sept. 5; Oct. 3 Renolute, Aug. 22 Sept. 19 Oct. 17 TO HAMBURG DIRECT ount Clay, Mount Car- “roll, Mount Clinton, Hansa, Bayern, Wuerttembers, with special cabin and Simproved third _lass accommodations. . UNITED AMERICAN LINES, INC. 39 Broadway, New York al OLLAN AMERICA LINE (' XEW YomE To ROTTERDANM ia . ¥ Amster b Ave. ug. 19 Sept. 23 Oct. 38 Ju‘ 38 20, 50 Nov. Oct. 7 Nov. uA STEAMSHIP SERVICE SWHITE STAR—To Chamnel ports, Lives Queenstown and the Mediterranean. BEST SHORT. nnmo: 18 THE ALL- o Nisgars 1 & | PARIS BOURSE IRREGULAR. GRAIN AND PROVISIONS. bALTIIIORI July 27 (:uclll)— Potatoes, new, barrel, 2.35a3 No. 2. 1.25a2.00: per 100 Doundl. 90a75; sweets, new hlrrel 5.00210.00. Yams, 6.00a7. ans, b 1, 10a1.09. Lima bulhn lil)ll 75. Beets, hun- Cabbag: hundred, Cel: ery dozen, 75al.. Corn—Dozen, 8a20. Cucumbers, bas. ket. 20a30. Eggplants, basket, 1.00a 1.25. LQI!IIC.. basket, 50 . Onions, bushel, 75a90. Peas, bushel, 2.5023.00. Peppers, basket, 50a Squash, bat ket, 25a30. Tomatoes, basket, 35a60 ]b\uhel 65. Apples—Early June, barrel. 1.00a 2.50; bushel, 50a1.25. Blackberries, quart, 15 Cantaloupes, bdsket, b ai5; crate, 1.00a1.50. Cherries, basket, 5021.00. Currants, quart, 10a16. Dam- sons, 1b., 5al Gooseberries, 1b., 7a8. Huckleberrie: qt., 15a20. Peaches, basket, 50a1.00: crate. 1.75a3.25. Pine- apples. crate, 2.50a4.50. Plums, bas- ket, 40a65. Watermelons, each, 15a45. Selling Prices at 1 0'Clock. Wheat—No. 1 red winter, spot, no No. 2 red winter, spot, 3 red winter, spot, 1.19 per bushel; No. 2 red winter, garlicky, spot, new, 1.16 per bushel; No. 3, 1.083% per ‘bushel; July wheal. spot, new. 1.15% per bushel: August wheat, 1.14 bid per bushel. Bag 1ots of nearby, by sam- 70, 75, 80, 85, 90, 93, 95, 98, 1.04, 1.05 and 1.08 per Cargoes on grade: No. 2 red winter, garlicky, 116 per bushel: No. 3| 1.083% per bushel: . 1.03% per bushel; No. 5, 98% per bushel. Corn—Cob corn quoted 3.75_per bbl. asked: contract corn, spot. 72% per bushel; No. 2 corn, spot, 75%; No. 4 corn, spot, 72% per bushel; track corn. vellow, No. 2 or better, 81 per bushel. Sales—None. Oats—White, No. 2, 47 per bushel 0. 3. new. 4615 asked per bushel: Nog3, no quotation. Hay—Receipts, tons; range is 00 0.00 for new timothy and X market firm; supply cn hand amnle for trade. Straw—No. 1 tangled rye, 15.00: No. 1_wheat. 11.50a12.00; No. 1 nominal, 12.00a13.00. CHICAGO. July 27.—Hedging sales together with absence of speculative buying led to early downturn in the ing a firmness at the stirt. The ito higher quotations at Liverpool. This was later offset, however, by export business. The opening, which varied from 14 to 14 higher, with {cember. 1.09% 'to 110, was followed [by a slight further 'rise and then Iby a setback to well below yester- day’s finish | Corn and oats were easier with i wheat. Demand for corn was con- fined chiefly to shorts. After open- ing % off to like advance. Septem- ber. 62. the corn market declined a {trifie all around. Oats started %al lower to 3% advance. September. 3%a33% to 34, and later receded | somewhat. Provisions reflected weakness of the hog mdTket. impreving slightly, but limited: firm | receipts, 58 cars: total United States | shipments. 682; east shore Virginia cloth-top barrels. cobblers. 2.7523.00: s sacked cobblers. No. 1, 1.25a . early Ohios racked, poorly £ales. 1.00a1.10 cwt Announcement of export wheat sales. totaling 2.500.000 bushels, caused the wheat market to develop strength today during the last half of the board of trade session. About 1,- 500,000 bushels of the total w bought for shipment from Chicago and the remainder for shipment from gulf ports. The close was firm, to 1% net higher. with September 1.08% to 1.08% and December 1.10% to 1.10%. Later on exporters bought wheat sequence. When wheat turned upgrade, corn | LAIr Mncunn . Chlm . % Allled Chemical pf. IVI‘ Allis Caalmers. Am Agr Chemical. . lfli Am Agr Chem pf.. nu Central. . [ NYChll!tLiCA 8% | N Y V H & Hl.rkfiyn 46% | Norfolk & Western. mu 26 | North American. .. 59% | North American p! l:"% Northern Pacific. .. 18% |'Ok!ahoma Prod. 110 | Orpheum Circuit. 42% | Otis St *§1=-s£:1:§ 2% Am Hide & Leather l"fi ‘Am Internati Pan-Amer P . Pan-Am Pete (B).. 6% | Pennsylvania. 19% | Penn Seabd Stesl. Am Sumatra. Am Tel & Teleg Am Tobacco (B) 139% Am Tobacco pf (n) I“'i AmZinc& Ldpf... Asso Dry Go Atlanta Bir & Atl Atlantic Coast Line 108% Atlantic Fruit Co. 142% | Plerce-Arrow . 199% :oml-Arro'p. 3% | Pitts & W Vi 53 | Pond Creek Coal. 102% | Postum Cer pt. . 3 Pressed Steel Cur Producers & Ref. "3 | Public Servor N . 24 |Punta Alegre. Austin Nichols. Baldwin Loco. Balto & Ohio. Barnesdall (A) rby, bag lots, §5a1.00 per | Barnesdall (B) . 2 western export, spot. 90 | Railway Steel Spr 28 | Ray Con Copper. 24% | Reading. . 324 | Reading 1st pf Replogie Steel 96% | Rep Iron & Steel . 1142 | Rep Iron & St1 pf . 8% | Revnolds (B). 10% | Royal Dutch. St Joseph Lead. 21% | St L & San Fran. StL & San Frpf. St Louts Sown pf. 13 |Saxon Motors. . Seaboard Air Line. Seaboard AL pf. 67 | Sears Roebuck. 20 | Seneca Copper. Beechnut Packing. . Beth Steel (B). . Beth Steel 7% pf Beth Steel 8% pf .. . Booth Fisheries. ... . sh Empire Stl Bklyn Union Gas Brown Shoe. Burns Bros (A). Burns Bros (B) . Butte & Superior. 1 Butte Copper. .. Butterick. . lack of any signs of important new | Southern Pacific. Southern Rallway. Southern Ry pf Stand Ol of Cal Stand Oilof N J 17 Stand Oil of N J pf. Sterling Prod. Stewart-Warner. Stromberg Carb.. California Pckng California Petrol. . | California Pete pf Callahan Zinc. Calumet & Ariz Canadian Pacifi Case (J 1) pf. Central Leather. Central Leath pf. Cent RROf NJ. Cerro de Pasco. Chandler Motor. | September. 1.073% to 1.07%. and De- | Sweets Coof Am.. . Tenn Copper. Texas Company Texas & Pacific. Texas & P C & O 2% | Tobacco Prod A. .. Tobacco Prod 76%2 | Tobacco Prod rts. Trans Contl Oi} Chi & Alton pf. Chi & EIIL pf (n). Chi Great Westrn. . Chi Great W p! ChiMil&StF..... Chi Mil & St P pf. Coi & Northwn. Chi & Northwn pf. . Chi Pneumat Tool. . D0 Cw Chi R 1 & Pacific. graded. few ~sales. 90al.00 cwt.::Chi RI&P 6%pf.. Minnesota sacked early Ohios few |ChiRI&P CStP M&Omaha Potatoes—Demand and movement | undertene. but market still weak; | Union Paciflc. United Alloy Steel. United Fruit. 2215 | United Retail Stre U S Cast Ir Pipe. US Cast Ir P pf. U S Indus Alcohol. . CC\,&S(LDI Colo & Southern. Columbia Gas Columbia Graph. . Comp Tabulator. . Utah Copper. Utah Securities. Vanadium Corp Va-Car Chemical. Va-Car Chem pf.. steadily on all dips in prices and!Cons Textiie there was a moderate advance in con- | | rallied also. Exporters took «Mo«oi lhushel- of corn. The close was firm. to % net higher. with September Ax% 6215, Cosden & Co. Crucible Steel i Cuban-Am Sugar. Cuban-Am Sug pf. Cuba Cane Sugar. % I‘ Cuba Cane S pf. 3% ! \Western Sid Western Md 2d. Western Pacific Western Pac pf. * | Western Union. Westhse E & M. Wheeling & LE White Eagle Oil White Motor. Open. High. Low. Close. L1100 1103 1081 110 Y 1085 1.08% ( 108% 110 Del & Hudson. Del Lack & Wstn Detroit Edison. EEH FFF FFOREF Bi £, Bigh COTTON MARKETS. NEW YORK, July 27.—An advance | the cotton market today was influ- enced by the strength of cables and a ! somewhat more favorable turn to early strike news. Wall street and ests sold. Checked by predictions for southwest, the advance was soon fol- lowed by sharp reactions under sellng due to private condition reports, one 1of which was 73.3, compared with 70.9 last month, and another 73.5, against 719 a month ago. From these and other reports issued this week the trade has gained the impression that | the forthcoming government report will not be under sibly be as high as 75. From opening later selling weakened prices about | ! Futures opened steady: October, ! 20.85; December, ‘.'010 January, 20.68 March, 20.55; May, 20.35. LIVERPOOL, July 27.—Cotton—Spot, qufi‘e‘t. prices, steady; good middling, lnw mlddlm‘ 12, 59 good ovdi: di .34. Sale: American. Futures closed quiet, but steady; July, 12.78; October, 12.17; De- cember. 11.98; January, 11.91; March, : May, 11.68. NEW ORLEANS, July 27.—Much hot and dry weather in the western; but after October reached 20.87 two private condition reports, one of 3.5 increased offerings. At the end of the | first hour of business prices were 1 point under to 7 points over the last standing at 20.70." The condition re- | nort of 73.3 was accompanied by in- dicated yield figures of 11,600,000 bales. Futures opened firm; October, 21.38; ¥ | December. 21 March, 21.04; May, 20.86. —_— DAIRY MARKETS. BALTIMORE, July 27 (Special).— Poultry (live)—Spring chk:ken!. pound, 24a30; white leghorn: :m hens, 23a2i ; rolls, 25a27; llore PDacked, 24a24%; dAlry prints, 25a27; process butter, 32a33 \‘EW YORK, July 27 (§) ‘Butter, steady; receipts,. 12,55! creamery, higher than extr: 35 creamery, extras (92 score), Sfil creamery, firsts (88 to 91 score), Wickwire Spence ‘Willys-Overland. Willys-Overland pf 4% Wilson Company . . ‘Wisconsin Central. 323 | Dome Mines. 714 : Dupont (E. ; Electric Stor Bat. i ! Elk Horn Coal. . i bndlcou-:ohnmn 3 Worthington Pmp. 50t of 14 to 20 points at the opening otl Wright Aero, Famous Players. £ O pt local shorta bought, while New Or- | b oot oor oD leans, Liverpool and Japanese '"‘"'ii‘reewr"l‘fl" unsettled and cooler weather in the {Gen Asphalt. ... Gen Asphalt pt. DIVIDENDS. Stock of record. Besk Note o, Gen Electric. Gen Motors. . rich . Granby Consol. Gray & Davis: ... .. GI’!I( Northern pf. and may pos- | Great Nor Ore. . Guantanamo Sugar levels of around 21.38! for October this + Gulf Mo & Nor. & Gult Mo & Nor pt Eipolos, | Guif States Steel Delnuee & Hadson Co., .25 n!i‘.i-B 2 > g & P Miliing ‘Co | sundn‘dl Miling " € 1 Harbishaw Cable. . Hudson Motor: Hupp Motors. Hydraulic Steel. ... 4, 100 Amercan, i 111 Central pfd.. llo‘h Receipts, 10,000 bales, including 4,100 | Indiahoma. fully middling, 13.29; middling, | Intl Mer Marine pf. Intl Nickel. ... belt put the price of cotton 16 to 20| Invincible points up in the early tradinfg today |lr n Prodi better cables than due and continued | .5 and another of 73.3, had the effect of | Jewel Tea.. ... Jewel Tea pf. quotations of yesterday, October | Kansas & Gulf Co.. Kansas City Sou, Kayser (Julius Kelly-Spring Tire. . Kelly-Spring $% pf. 100 Kelsey Wheel.... % 9 20,000 barrels. anuary, 21.12; | T ville, nort ul l[llnlt 55,350 barrel: 31,650 barrel In the gulf coast, West Columbis fs reported at 25,800 barrels, agains $00 barrels and Orange county, 16,500 st 16,450 barrels. were made in crude Pennsylvania was cut 2 cents to ll Another cut of 25 cents! g Wwas made in California crude ofl. | gF4RS%orepsiny, GCRORRS, Intreased Mid-Continent crude is unchanged at | gecreased 27 $1.10 and Gulf Comst crude is $1.25. e S Amures collected by |Squnted incressed 21305 the institute, the imports of petroleum (crude and refined olls) at the DFin-| 000,000 trancs. cipal United States ports for the weel ended July 22, totaled 2.436,584 bar- rels. s dally average o Lee Tire & Rubber. 23 Lehigh Valley. Lb Further cut Mack Truck 1st. Mack Truck 2nd Y% Mallinson & Co pf. %0 Manhat Elec Sup.. Manhattan Elev. Market St Ry pf.. Market St Ry 2nd. am-au{ Elll—r;l'lrmer: “ receipts, by gathered browns and mixed col- ors. firsts to extras, 23a29. i ; receipts, 1536 1 2‘:1'3'2“-12'1 Tarl eclals, 0., average run 19%a19%. 2% PARIS, July 27.—Prices moved ir- regularly on the bourse today. Three per cent rentes, 58 francs 40 centimes. Exchange on London, 53 francs 67 centimes. Five per cent loan, 77 francs 25 centimes. The dollar was quoated at 12 francs i centimes, rels. compared with 2. - o gagey $3=55a508 s & M R R a% 1011 171% 116% 0% “h a 2% % 6 3 10% 454 2% 5 8% % 23% 13% 19% 140 39 i) 624 53 69% 63% 71 5% 9% 120% 6% 16% “® 2% 59% 12 w0 14 19 18% 574 67 New York Tel 414s. Igo™ 1% | North Amer Edison 63 13 @ 50k B 3 HOURLY SALES OF STOCKS. I > & @ CRUDE OIL PRODUCTION FOR WEEK SHOWS GAIN By the Associated Press. NEW YORK, July 27.—Estimated daily average gross crude oil pro- duction increased 24.050 barrels, taling 1,498,500 barrels for the week ended July 22, compared with 147 450 barrels for the previous week, ac- cording to the weekly summary of the American Petroleum Institute. fornia production increased 5,000 bar- rels, totaling_375,000 barrels daily. Oklahoma-Ka average gro. 20 b 1 20 3] ) §=;=§;=g=§ it PTEE ok 1 % 10% 104% 1813 116% 0% 5 3 132% % [ i 10% 6% 29% 24 Tl 5% 2% 1h 204 1424 39 4% 2% En 6% 64% 1% 60 101 120% 30 16% o 2% 59t | Midvale Steel 55 a9l 3 { Montana Power T4 1% | Now Ergland Tel i% 9% f:: New York Tel 65 1941.... 108' K5% 1051 61% 18% %% e ™ 5% 8l al “ 27 | 169 52 9 Low. Last. Pay- able. 1 1 to- Cali- i ) n increase of 600, Kennecott barrels, Central Texas an increase of | Libby. ucm«" k!LWDI i 16,950 barrels, North Louisiana an in- 2 crease of 160 barrels and Arkansas a decrease of 900 barrels. In Oklahoma production of the Osage Nation is shown as 115,000 barrels, against 110, 000 barrels, and output of the Lyons- Quinn pool was 19,600 barrels, against The Mexia pool, is reported at 64,75 500 barrels: Haynes- ana, 55.700 barrel against 30,550 f 348,083 bar- 31,000 barrels, a ™ 375,857 barrels for the 'nok ended July 15. MORE IRON ORE USED. STOC! July 27. —Enmu has lnireufi!flgln‘:nnln:lvdon of Swedish fron ore—a fact taken here to indi- cate that Enropufl industries ure on biggest iron ore mining firm in B:ogen, ’:ha Grlln(u- eloesund Com; ;::fw?nnun Narvik, in 1923, Iio 000 more tons of iron ore than ur‘::; cleared tons of iren ore. breakini m 0 Betaium, Germany an < wn;'?b'um"& the El buyefl UNITED STATI . WAR WN“ Bigh. . Close. Liberty 8%s, 193247 wi oo mn ‘10090 Liberty 2nd 4s 192742... 10670 10070 10070 Liberty 1st 4%s 198247. 10178 10162 10170 Liberty 2d 4 102742... 10100 10078 10078 Liberty 3d 41 1928...... 10094 10076 10094 Liberty 4th 43s 1933-35. 10L86 10160 10170 Vietory 4%s (called) Victors 4%s 1928 FOREIGN GOVERNMENT, STATE AND MUNICIPAL. 100 100 Chile 85 1946. Chile 8s 1941. Copenhagen 5% N% bl Czechoslovakia 88 sk 6 %4 0% 9 9% 100% % French Govt 8s French Govt 7% Japane 8 % B 2% 2% uh 3% sl 8 % 4% 58 b4 Netherlands 6s Norway 8s. ... Porto Alexre Queensland 6 Queensland 7s. . Sl10% 10 10 Rio de Japeiro 8. Rio de Janeiro 8s rcts.. 100% 100% 100% Rio Grande do Sul 8; Sao Paulo, State of, Seine, Dept of, 7s. Solssons 6s.... Utd Kingdom 5%s '29 Utd Ki: xdom s%- 37 Zurich MISCELLANEOUS. Ajax Rubber 8s Am Agri Chem T35 Am Smelting 1st 5: Am Sugar Ref 6s Am Tel & Tel cl tr Am Tel & Tel cl tr Am Tel & Tel cv 6s. Am Writing Faper 6s. Anton Jurgenscy 65w i W% W4 0% Armour & Co 4% Adlantic Fruit Atlantic Refining 6% Bell Tel Pa 7s. Bethlehem Steel s £ 65. . Can Gen Elec deb 6s. Central Leather 5i Cerro de Pasco 8s. ... Chile Copper 6s. . Chile Copper 7 > Con Coal M1 1st ref 5 Con Gas conv Cuban Am Sugar §s Cuba Cane S cv deb Detroit Edison ref 63 Diamond Mutca s £ 7% Du r'ont de Nem 73%8 Duquesne Light 6s. Lmoire Gas & Fuel i45. Framerican 1 D 74%s Goodrich, B F, Shawi. lio . w100 Goodyear Tire & Goodyear Tire 58-41 Holland American s £ 6. Humble O& R5%s W i. Indiana Steel 18t bs inter Mer Narine Inter Paper 1st 55 B. Kelly-Springfleid 8s. .. . . 1 Lackawana Steel 55 '50. 59% Liggett & Myers 7s. Lorillard 58 9 9 Manati Sugar st i% 8% vt Marland Oil §s wa: us 1 Mexican Petroleum 8i 105% 15% 1 New York Tel 65 1949 Northwest Bell Tel 7s. K 10) Philadelphia Coref 6s A. 99 8% 9% Public Service 5. Sharon Steel Hoop Sinclair Oil T%8 Sinclair Oil 7s. . Southern Bell Tel 5s. Sou Porto Rico Sug Stand Oil Calif 7s Steel & Tube 7s. Tide Water Oi! 6 Tobacco Prod s f 7 Union Bag & Paper 6s. United Drug cv 8s U S Rubber 1st 58 91 Va-Car Chemical 1st 6s.. 1004 100% 1004 Va-Car Chemical 7s wi.. 8% <814 987 Va-Car Chemical 7%s. .. 105% 105% 105% Warner Sugar 7s. 103% 103% 1084 . 108 101% 107% Wiison & Co 1st 68 9% ¥y wy . W % Wilson & Cocv T%s..... 10415 104 104% - SHOKT-TERM SECURITIES. tieported by Redmoud & COJ Alumioum Co. of Amer, T 1925. 0% an Tel. & Tel. 65 1922... 1004 1007 American Tel. & Tel. 6s 1924. Do et American Tobaceo Co. 7s 1923, 102 i l‘:l’: 101 <1 1us - 104 IMI: “ 05 shows a daily, ! Gult production of 499,050 barrels, an increase of 6.450 barrels; | north Texas shows Kansas cuy Tmlnl n- 1 1011 i im0 M. m- mn 108 1031, !\ isa | groct o 0 { Sears. Roebuck & C: 1010 uthwestern Bell 7s 108! 102 Rwift & e o. 108% Tank Car 78 Cen- | G2/g® Ribber ‘Co. 7a 1852 1o bar- i Western Electric 7s 1925, 108% Westinghouse E. & M, 10835 and B Dorado, | Texas Co. 78 1928, Yoaliod Aug. i, 1922 at 101, —_———— PARIS BANK STATEMENT. PARIS, July 27.—The weekly state- ment of the Bank of France shows the following changes: Gold tn hand nvcr |n increased 369,000 francs, hand increased 16,000 francs, elrclllltlon decreased 81! 8)4 000 treasury deposits increased counted increased 21, francs, 80 francs. The state repaid the ‘bank 400,- HARDWARE SALES GAIN. Jobbers' sales in the hardware busi- ness so far this month are said to be considerably larger than during the entire month of July last year, says Hardware Age. Price changes were numerous during the past week and the general price situation is lieved to be stiffening. The cox railroad strikes are said to ha e~ layed shipments of merchandise in the lll.llllll’lh and Chicago districts. 1 production has been hampered y coal shortages, and it is helloved lllt higher prices will prevail in the iron and steel markets this fall, ;Mga loolncru:ellur will be reflected e prices of manufactured herd- ‘ware prod: go0ds are especially active in both wholesale and retail divigions. Builders’ hard- ware is particul y in demand. and . Low. Close. | Hudson & Man ref 5s. 110% 110% 110% 104% 108% 104% % 1% % 89% 9% - 116% 6% 6% 733,000 frl.llcu bills dis- nwuhmwmnl«amn—swm RAILROADS. Hig! Atchison gen 4s. AtlanticCL L & N 4 b s % 8 8% 8 « 101 100% Balto & Ohlo cv 4%8.... 8% % B&OToldivis..... . . 68% 68% B&OPLE& W Va ds. o ow B&OBW div 3%s. Bkiyn RT 7a 31 Bklyn R T 78’21 otfs Canadlan Northern 78 Canadian North 6%s -S1% 1 Canadian Pac deb 4s. % Chi & EastIligenbs... 83 8% &% ChiGreat Western 4s.. 5% 8% 59% ek €4 B e % CM&Strov, % Chi & N'W 7s. CRI&Prefis... Chi Union Station 4 Clevaland Term 6%s w 104% 104 1044 Colo Southern ref 4143. .. 8% 8% 89% Erieconvds A. Erle conv 4s B. Erie conv 4s D Grand Trunk s f deb 6: Il Central 5%s. ...... 11l Central ref 45 Inter Raptd Transit 58 Inter Rap Tr 68 w | Inter Rap Trev s w Int & Gt Noradjéswli.. :x L Lake Shore 45 1931. Long Island ref 4s. ... Louis & Nash unified 45 L&N 1st&ref 6%8 Market St Ry cons Min & St L ref ext 5s. MK&T st 4 MK&T4sB MK & T adj 5s. Mo Pacific gen 48 Mo Pacific 6s Mo Pacific re Montrea! Tram 1st re! N Y Central L S col 3%s. N Y Central 7s. ... N Y Central ref imp 5 N Y Central ref 58 w i Norfolk & West con Norfolk & West cv 61 Northern Pacific 4s. Northern Pac 58 w i.. Northern Pacific 31 North Pac ref imp Nor Pac-Gt Nor jt 6% Ore & Cal 1st g Ore Short L con 5846 Ore Short L ref 4s. Ore-Wasa 1st ref 4s. Paris-Lyons-Med 6s. Pennsylvania gen§s Pennsylvania 6%8. Pennsylvavia gold Pere Marg 1st Reading gen Seaboard A L 4s (sta). Sou Pacificcv 4s Sou Pacific cl 4 Sou Pacific ref 4s.. Southern Ry dev 6 “Third Ave adj 55 Tol St L & W 4s. “Union Pacific cv 4s. Union Pacific st 4 ‘Virginian Ry 1st 5 Western Maryland Western Pacific 5s. "Wheel & L E con 4 42711009 7210 000 8 887 000 - 10283617 LACE TRADE IMPROVES. The lace and embroidery industry 'is showing more favorable results, ac- cording to importers. The influx of buyers, which the trade has been eagerly awaiting, has begun and, al- though the advance guard ig not buy- | ing in substaptial volume, the buyers are inquiring freely. The fact that buyers were late in arriving this vear — | caused many importers to send their - | salesmen out a little earlier than usual. Their efforts, it is said, met | with better success than in former vears. In lace. novelty effects are in wide demand. while there is a small demand for the general lines. The embroidery end is enjoying a revived | demand, which is centered on novel- ties. The longer skirt fashion is ex- pected to awaken the call for em- broidered undergarments. Rodler ef- fects in panelings for gowns are be- ing favored. while Venice laces are in fair request. FREIGHT SPEED RECORD. Record time was made recently in arri President_Jefferson of the Admiral line, to New York. despite: the rail troubles, which have interfered some- what with fast service. The ship- ment arrived in 92 hours and 16 min- Utes, as against the ordinary 95 hours, the schedule freight time for the dis- tance. The shipment traveled over the Chicago and Northwestern, Michi- gan Central and New York Central lines. e LINER SCORES TWICE. SOUTHAMPTON, July 27.—The Mau- retania docked a day ahead of sched- ule, having established two records— the fastest trip ever made from New York to Cherbourg and the fastest from New York to Southampton since the outbreak of hostilities in 1914. The actual time to Cherbourg was five ! days, eight hours and nine minutes. The vessel's improvément since she began burning oil is demonstrated in the fact that this last record Is only a few minutes better than her own time for the last two trips. which was five da: eight hours and eleven minutes on June 27. and five days, eight hours and 14 minutes nnl June §. _— PENNSY HOLDERS DROP. Heavy trading in shares of the Penn- sylvania Railroad Company last month resulted in a further decrease in the number of its stockholders, bringing the totals on July 1 down to 139,828, a de- crease of 1,147 from the number as of July 1, 1921. The decline amounted to 445 during. Jlll-. the fourth comsecutive in which the numbcr has been Since .'-:I: record of, % 7% Den & Rio G con 48. 8% Den& RioG lstref 5s.... 6% 4% 46 Iowa Central 1st 5s. :u ;;\« Kansas City Sou 58. . S B Kansas City Terminal 4 84 88 ~ Michigan Central deb 4¢s. nl\: 9% 9K Y Central deb 6s. .- ... 107% 1068% 167% | {(Quotations furnishéd by the Asssciated Press) INDUSTRIALS. msa P B e ! i1 € 3 ivests “ “ 100 Gom Boivents B 3 .},.......:r"...:,. % 4 a tor it 1 3 u§ &3 ug 15 = “g'u mz 10 Bl B4 B B AP 50 Livby McNew .0 2. 20 2 400 Lot Loco w 1110 g2y 82 gs o 5 218 X ¥ Tel pta v 1. 2100 Philip un" SB R 8800 Radio % 4% 1500 Ragie Cory i 3% 2 15000 Bouth Coal & Tron -l i iy i3 70 Todd Shipyards o) 6 200 U8 Distrib. 1 g w e 01" o8 s 8 © ® 1% 1% 18 bos 7 10 Tndena Ploe Line.. 38 58 38 s . 30 Ohio U f','. 248 210 50 Bwan & Finch. INDEPENDENT OILS 9000 Alcan Oil 5000 Allied Of1 . 2 200 Am Vuel Off pid 100 Arkansas N L4 i.fléhgui & 2aadBonRe M" B C l |9‘l Bervice pr 100 Conden & Comr . 4k 2000 (“lhinl hlml&fl- 03 lm Deany O 100 Ealey: Pe am“" ity Pet pr .m Federal Ofl e xland Oi - 400 Gilitand O Glen 3 100 Grana l (Ill . . 19000 Hudson OIl - 8 11300 Internationl Petrol. 20% N 1300 Keystone Ranger.. .52 E 700 Kirby Petroleum. .. 5 3000 Lance Creek . .03 2 o 12 k3 7 6 94 19 68! - A 4! 03 04 28 = 109 Maracaibo Oil 200 Marland Ol of Mex. 1500 Mexico 0% 300 Mountatn Pmflureu 4100 Mutual Oil . 500 N 700 Pennok Oil . 2 %00 Red Banks Oil... 1000 Bapuipa Ref.. 1100 Simms _Petroleam . 3000 South Pet & Ref... 12 Bouth States 2 South Ntates OB Spencer Pet Corn Stanton Oll. Texon 0l & Turman Ol Wilcox Oil.. Woodburn 01 o 02" 02 ige . .. 10 ” Foaton & Moot Tev IS 1% 2 3 Paerana. 3 3F 3E Eagle Biue Bell 3y w2 El Salvador o 04 Emma Silver Mines 01 01 01 2000 Eurcka Croesus - 38 33 0 o m 10 0 1A 1 T h 3 3 op .. 3 a0 .30 indep Lead Mimes. 53 50 53 Lone Star m 08 ok Marsh Mies Cons. 16 1818 3 mara Min, L other Lode clt... 10% 8% 104 fonal T . 85 34 issing Park Utab Rex Consolidated.. & Allied Packer €5 ctfs mn. Allied Packer 8x B Am Tel & Tel 6s Anaconda Copy 2 Anaconds Cop g H i Cons Textile fx... 0 978 9 Cop Ex Astn 8s ‘24 1029 027 02 Fed Land Bank 4 Freeport Texas Goodrich Tire auu;l‘u_. shipping 5.000 bales of raw silk, which | fred at Seattle on the steamship ..—unau-»_--—a:5~_.—u_-..u8 Bemington Arma’ s 0%y Sears Roebuck s ° Solvay & Cie Ss. South Bell Tel T Ers of Has Tin. loo!t Vacoum Off 105 1 0 0% 7 00 100 5 Par, pin 12 Kgdm Neth o5 98 2 Kgdm Serbs 8. 952 953 3 Russian 61z B Bh b 2 Bwiss 531 s 10eh 1wy _— TREASURY CERTIFICATES. (Quotatiens turpisbed by Redmond & Co.) #%¢ September 13, 1022 ; September 1 3. ber bt ., 1928, - 2 100 Tr-a2 3 oy . lm :u 15, 1824, .. ] ‘é‘:n'--m o 1o mz&u ! 5 10015.18 4%s March 15, 1926... % FORKIGN EXCHANGE. Selling checks—dollar values at noon today: (Quotations turnished by W. B. Hibbs & Ce.) .0007! el CHEAP UNDERWEAR OUT. Ample evidence of demand for low prices is found In the report that man- ufacturers of cheaper grade of light- weight underwear for next spring are withdrawing offerings temporarily, bav- ing sold up production to cover their present stocks of low-priced yarns. Several lirer offered in the lust fort- night have been taken from the lnlrk.l ¢ of the week. -Th Sh fitat ol e v ih an avid demuw retajlers and man: ufacturers Th Tal m!y nearing a sold-up condition. n serve FINANCIAL I N NEW YORK BONDS@ N. Y. Curb Market i h'uouu. Save the stock markss a 19% % s | conciliation. HOPES FOR ENDING BOTH STRIKES Stock Market Develops Strength Under News of Conferences of Leaders. BY STUART P. WEST. NEW YORK, July 27.—The markets { found considerable encouragement to- day in the strike news. vested in President arding’s conferences with railroad and labor leaders and the indication that coal miners and operators of several districts in Pennsylvania, Ohio and Indiana would get together soon to talk things over. As stocks have proved themselves to be particularly sensi- tive to fluctuating waves of senti- ment about strike conditions, profes- slonal traders bid the rails upward with a great deal of force and mauy industrial issues acquired a strong tone. The market progressed by fits and starts, showing apparently that while speculators were more confident over the outlook, still they were un- willing to lean too heavily on the long side Ralls Score Gains. The more prominent rails advanced more than a point all around, in tha firat three hours, led by a two-point gain in Union Pacific and the esta lishment of a new high record t Pennsylvania close to 46. Thae visit of T. Dewitt Cuyler, repre- senting_the roads, and B. M. Jewe of the Shopmens’ Unlon, to the Whits tinct thrill, as President mrdln;a meeting with contesting parties ap- peared to forecast new measures of Coal Men to Meet. The projected meeting of hardand soft coal mine owners and men was considered to be as deeply significant as the Washington meeting. but the fuel outiook was made less disturbing Ithan the day ‘before by some facts cxisting supplies *“The reporica nmulation of 500.- 000 tons of bituminous . =t non- unfon mines in the south snow. ' pretty clearly that a lack of proper raflroad facilities was the sole ca in keeping a lot of coal from « sumers. With rail priority or now golng into effect, the prospect of acute shortage in essential lines was lessened Strike and Earnings. Railroad earnings for June threw a few sidelights on resuits of the strike. The Lehigh Valley. much the revenue coming from the mo ment of anthracite, had a fall of &1 - 897,000 in gross income. or nearly :o per cent as compared with June. 192 The anthracite strike has ‘ fective in reducing the out to the vanishing point since A In contrast with this show B. and O., carrying much sc from non-union mines, had a go crease in gross revente and a n turn nearly seven times as larze a in June, Mexican Seabeoard. Those in a_positio! light on the Mexican tion were silent both the ctock and « breaking badly. U touched 16 there was sign of support and ly to 20 was s covering rather than The drop which morning caugiit a and s is usual in such cases bro about a lot of forced selling other oils which were du board today from accounts tryir= to weather the storm in Mexican ez~ board. Rails Rally. A rally in the rails, which started with Pennsylvania gettinz above 43 and New Haven across the other members of a spurt to higher pric all the junior rails rally and for a time account of themselves while the in- dustrial list was doing little The incentive behind the move i Pennsylvania is one which shoul be remembercd at all time: 1 Allied Packer 6. £215 Ruiy 64 { pigs, 10a15 lower. mo: is every possible chance tha per cent dividend will be restored the near future. DRY GOODS QUIET. *‘Wait and See” Is Watchword of Market Trading. NEW YORK July 27 (Special: Wait and sce was the watchword the market for cotion cloths Trading was quiet In the st print cloth constructions with for 64 and 60s and 6§ by T2= hangis some business as did pajams checks There was some rumor of shading at second hands. but the lots availab at lower figures were small and sca tered. Export inquiry was present in sheetings. but trading was dull with prices showing little change. Tire fabrics and cotton ducks recorded around 83 and 9% levels, respectively " {but specialties were quiet. The quiet trend of the oriental trade kept silk prices easy. but some busi- ness was recorded, although the lo traded in were small —_— CHICAGO LIVE STOCK MARKET. CHICAGO. July 27 (U. S bureau of agricultural economics).—Cattle re- ceipts, 9.000 head: market fairly ac- tive; beef steers, canners and cutter cows, steady to strong: early top beef steers, 10.40; bulk. §.50a10.00: butcher she stock and stockers. steudy: bulk beef cows and heifers, 5.00a7.25; bulls, islow: weak to lower. veal calves. strnog to 45 cents higher; early sales best vealers to packers around 9.50a 1000 Hogs—Receipts, 27.000 head: mar- ket weak to 15¢ lower than Wednes- close, or 15a25 lower than the average: top. 10.50: bulk, 8.10a10.40; packing sows. mostly ak 25 o 9.5029.90: medium. 9.85a1040. light 10.30210.50; light. 10.25a10.40: packing sows. smooth. 8.00al packing sows. rough, 7.40a8.00; killing pigs, 10.35. Sheep—Receipts. 15.000 hea ket strong to 25¢ classes; early top native lambs. 127 10 city butchers. 12.60: to packers, best western lambs held around 13.00; five cars good Washingtons. 12.75 out; medium, 90-pound Oregon year- lings and twos, 9.00; fat ewes, mostly 3.507.00; feeder lambs opening firm with Wednesday's close; best feeders, bid, 12.35. SUGAR MARKET FIRM, NEW YORK, July 27.—The raw sugar market was quiet early today. 3 12-16, equal to 3.42. were unchanged. with spot Cubas quoted at 3%, cost and freight. equal to 5.36 for centrifugal, and August at Business was less active. Raw sugar futures were firmer and prices at midday were 3 to o points { higher on trade buying and covering Business les active. There was no change in refining sugar, with fine granulated listed at 16.90a7.00. Withdrawals on old con- i tracts continue of fair proportions, but new business was less active In refined futures there was a sale of November at 7.20. an advance of 20 points from last night's closing. — e LONDON BANK STATEMENT. LONDON, July 27—The weekiy tement of the Bank of England shows the following changes: Total serve, decreased £500.000. Circulation, increased £501,000 Bullion. increased £1.772. Other securities, decreased £3.972.000, Other deposits, increased i3. MF n00. Public deposits, decreased £7. 000.. Notes reserve, decreased £499. 0("' Government securities, decreased £285,000, roportion of the bank's re- g Mability this week is .30 joved that these lines soon will be )-r cent; last week it was 17.05 per lthdrnwn from the market. After the withdragal prices will be revised. B.ne of duw-nl. 3 per cent. »