Evening Star Newspaper, September 7, 1922, Page 25

—_— RAILWAY EARNINGS SHOW A DECREASE Pepco’s ‘Report Less Favor- i able—July and June Comparisons. BY L A. FLEMING. ! Washington Railway and Electric 50a75. Damson: Company and the Potomac Electric Power Company both reported a fall- thg off of net income during July, as compared with the previous month, tn their financial statements filed with the Public Utilities Commission to- y The power company reported net fpcome for July of $78,200.36, as ainst $36.941.77 in June. Both of these figures represent what the com- pany made after allowing for the money 1t is required to set aside for return to consumers in case the Public Utilities Commission is sus- tained in valuation proce:dings now pending in the Supreme Court. tiross earnings ot the Potomac Elec- tric Company from operation for July were $377,449.38, and operating expenses $215,401.14. This gave net earnings from opera- tion of $162,048.24; miscellaneous in- come, $32,094.08; gross income, less pperating expenses, $194.142.32; de- ductions from income, $115,941.95. ! This left net income of $7§,200.36. i Net income of the Washington Rail- way and Electric Company for July went down to $13.957.76, from $30,- 191.33 in June. Operating revenues for July, $422,235.85: operating ex- enses and ta: 349,272.06; operat- ng income, § non-operating income, $7.132.71; gross income less expenses and taxes, $80,096.50; deduc tions from gross income, $66,138.74; Biving net income of $13,957.76. Washington Interurban Company Feported a net loss for July of $1,- 23549, which was an improvement over June, when the net loss was $1,- §43.53. Georgetown and Tenleytown Com- pany reported a net loss of $2.083.93 for July, as compared with a loss of $1,126.18 in June. City and Suburban Railway showed & net income for July of $5,284.17, as compared with a net loss of $20,022.21 for June. According to officlals of the com- mission, this deficit was due to the rebullding of the G street track, which GRAIN AND PROVISIONS. BALTIMORE. Md., September 7 (Special).—Potatoes—Barrel, 1.5022.00; No. 2, 75a1.60; 100 pounds, 1. .26 No. 2, 50a60; sweets, barrel, 1.76a2.35; yams, barrel, 1.50a3.00. B bushel, 35a65; Iima beans. bushel, 50a75. Bects, hundred. 2.00a3.00. Cabbage, hundred, 3.0025.00. Carrots, hundred, 3.0024.00. Celery, dozen. 40a76. Corn, dozen, 12a25. Cucumbers, bushel, 50 al1.50. Eggplants, basket, 40a50. Let- tuce, basket, 1.5022.50. Onions, bushel, 65a85. Peppers, basket, 15a30. Squash, basket, 40a50. Tomatoes, basket, 30 240; packing stock, bushel, 56a60; yel- low, basket, 30a40. Apples—Barrel, 1.00a2.00; packed, 2.0023.00; bushel, 50a1.00. Cantaloupes, crate, 2.25a2.50. Crabapples, baske G 1.00; ‘bushel, 1 ket, 75a1.00; bu; melons, each, \ Closing Prices at 12130 O'Clock. * Wheat—No. 1 red winter, spot. no Quotation: No. 2 red winter, spot. 1.13%; No.'3, 1.09%; No. 2 red winter garlicky, spot, 1.06; No. 3 red winter, garlicky, spot, 97 per bushel; Sep- tember, '1.06: October, no_bid. Sales—Bag lots of nearby, by sam- ple. at 70a80. Cob corn, old, 3.65 and 3.75 per bar- r:-l: cob corn, spot. 73% per bushel; l\o.. 2. 74%: No. 4, no quotation. Corn—Yellow, No. 2 or better, 78a79. No_sales. Oats—White, No. 2. new, 44 and {4 per bushel; No.'3. new, 43 and 4 Rye—Nearby, bag lots, 85a95 per bushel; No. 2 western export, spot, 81 per bushel; No. 3, no quotations. Hay — Receipts, 48 tons; range is 16.00219.00; market firm for fair to gcod timothy and mixed hay; supply on_hand ample for trade. Straw —No. 1 tangled rye, 15.00a 15.50; No. 1 wheat, 9.50a10.00; No. 1 oat, nominal, 12.00a13.00. CHICAGO, September 7.—With no break in the heat wave and with con- tinued absence of moisture threaten- ing the corn crops, the wheat market developed a slight tendency toward | higher prices today during the early transactions. Besides, Canadian reporis indicated fears that the quality of the new wheat crop would be lowered un- less dry weather came soon in Canada. Buying here, however, lacked vol- ume.” The opening, which ranged from % lower to % advance, with December, 1.01% to 1.01%. and May from 1.07a 1.07%, was followed by slight general gains. Unfavorable weather conditions and bullish crop reports led to a decided advance In the price of corn and oats. After opening unchanged to % high- er, December, 57% to 57%, the corn market scored gains all around. Oats started a shade to % higher, December 34%, and later continued to was temporarily charged entirely to harden. maintenance. After the engineers have determined what percentage of recon- struction should be charged to new capital this June report of the City and Suburban will be altered. Local Securities. Business on the local stock ex- change was again active, with the common and preferred shares of the Washington Railway Company fur- nishing the most business in any one | stee; security. The common stock was very Higher quotations on hogs gave a lift to the provision market. —_— CHICAGO LIVE STOCK MARKET. CHICAGO, September 7 (U. S. Bureau of Agriculture).—Cattle—Re- ceipts, 10,000 head: falrly active, bet- ter grades beef steers, strong to 15 higher: other grades and year- lings steady to strong; top-matured 11.10; bulk beef steers, 9.00a she stock steady to strong; 10.2, strong at 5613 with the preferred |spots higher and better grades beef 76% for most of the session, with a | COWS ten-share lot selling at 76%. Washington Gas was strong at 61. Norfolk and Washington Steamboat | Steady to shares were firmly placed at 200 a | heifers. share. Typesotters were slow. but firm, Mergy. 1543%; Lanston, S0 bid, with 81 asked. Gas 5s were firm at 94%. while railway general 6s rose to and held firmly at par. Passing of “Blind Pools.” Baltimore lawyers advised bankers | Stron that “blind pools” were not amenable | weigh nd heifers: bulls strong to 15 up; veal calves strong to 25 higher: stockers weak to 25 lower; feeders 3.85a4.1 around 12.50. Hogs—Receipts. 17,000 head: mar- ket active. 15a25 higher; spots, up more. Bulk, 180a210 pound average, 9.40a9. top, 9.60: bulk. 230a250 pounds butchers, 9.25a9.50; bulk good, 300a350 pound butchers, 7.75a8.75: bulk packing sows. 6.75a7. pigs better kind. 8.00a8.50; heavy- 7.90a9.10; middleweights, to the “blue sky” laws of the state | S.75a9.5 lightweights, 9.3029.55; and that prospecution was therefore impossible. T Baltimore papers this morning mén- tion the appointment of receivers for two “biind pool” combinations, the light lights, §.509.20; packing sows, 6.75a7.25; packing sows. rough, 6.40 a6.75; killing grades, 7.50a8.50. Sheep—Receipts, 12,000 head; fat Jambs strong: best westerns held Community Finance Company, and the ; higher: top native. 12.76 to shippers Fidelity Finance Company. building in this city. On the door this morning is a notice of ‘‘Temporary closing. notices will be sent to share- holders.” It is understood that $10.750 has heen recovered and will be paid back to customers. This was collected from forty clients last week by the Balti- more agents, Nicholson and Leilich, of the Community Finance Company—one per cent on $1,000.000. It is said to be the view of the Mary- land “blue sky" committee that “mil- lons of dollars taken from the pockets of Baltimoreans were sent to New York and spent in riotous living by a coterle of unscrupulous financial op- erators who are now missing.” W 2 and city butchers; early packer fop. mostiy. $.5029.00; sheep slow; steady: 800d, 1.136-pound Montana wethers, 7.25; few choice light native ewes, 6.50; heavy ewes mostly, 3.00a3.50; feeders firm; 75-pound feeding vear- lings. 10.15: 'best feeding lambs held around 12.75. Washington &tgck Exchange ashington Rwy. and_FElec. pfd.—10 at 76%.,10 at T6%. 10 at 76%. 5 it'7en. 1o a .\";'.'hlk and Washington Steamboat Co.—3 Some names of nationally kmown |, ll,:":enlhlle; Linotype—10 at 154%, 10 ‘at crooks are said to have been inter- ested in the ‘“pool” operations as backers. “Burns’ men are now on the case. Ponzi 1s in the pen with a score of indictments over his,head. but still there is room for more to follow— more lambs to feed the wolves, Personal Mention. John B. Larner, president of the Washington Loan and Trust Com- pany, has returned from his summer home in Pennsylvania. William B. Hibbs returned last evening from a vacation spent in Maine and on the north shore, rest- | Am. Tel. and Tel. co: | Anacosti; ing and recuperating. George E. Fleming, vice president being on duty all summer, financing Some of Washington's largest proj- | City ects and substituting for E. J. Stell- wagen, while the latter was at Po- land Springs, has gone to Nantucket, Mass. Salt water and a stiff breeze | for the big mortgage money man. Charles F. Jacobson, cashier of the National Metropolitan Bank, Robert V. Fleming, vice president and cashier of the Riggs National Hank, returned this morning from a week at Hot Springs, Va. He will erter lhs"R:nl'tolf tournament to- ay, practicing for the big cup now held by Ralph Barnard. i Floyd A. Crompton, cashier of the Guaranty Savings Bank, has returned from a motor trip to Detroit and other western cities. Ford Motor Production. During the first seven months of the current year the Ford Motor Company produced 685,028 cars, as| Temmine Fanr con compared with 554,727 for the same period last year. Raliroad Earnings. Class 1 rallroads in the United States are expected to earn net operating income for the year of $900.000,000, or about 5 per cent of the Investment of $15,000,000,000. It is expected that the cost of than eliminate any benefit that the roads might otherwise have obtained from wage cuts. Last year the roads did their best busin. in the last half of the year, but it Is not likely that history will repeat because of the strike, but the t few months should see a Jarge movement of freight on lines. D. G. Dery Corporation Donds. Redmond & Company and Janney & Company announce that the $4,- 000,000 D. G. Dery Corporation first ‘mo! ge 7 per cent sinking fund gold bonds, offered at 100 and in- terest, have been largely oversub- cora, scribed. The bonds are secured by a | X imes; "yai first (closed) mortgage on the entire real to $373,000 purchase money mortgages not yet due. A semi-annual sinking fund commences March 1, 1923, bonds 16 be called by drawing by lot_at 110 per cent and accrued interest. TLe | Old Dutch Market jmpany is the largest manufacturerOid Duteh Market of broad silks in the United Stat e properties comprise 33 plants located in Pennsylvania, New York, m Jersey, Massachusetts and Vir- s e | PARIS BOURSE IRREGULAR. SPARIS, September 7.—Prices moved 1y on the bourse today. I per cent rentes, 61 francs cen es. Exchange on London. §6 francs 95 times. = ive per cent loan, 76 francs 80 dollar was quoted at 12 francs 2% centimes tis ' nacostia and Potomac guar. 5s. 88 of the Union Trust Company. after |( amsp Tor opes on 10000 fighting the striking shopmen will moro! % very | Washiogton Loan and i estate. plants and equipment of | Columbia Title ..... D. G. Dery Corporation subject only | Real Estate Title Ins. Celambin Cranbaphens coms raphophone Nerchante’ Thane. and AFTER CALL. Washington Gas 5+—$1,000 at 04% Washington Gas Light—7 at 61, 10 at 61 o wy. and Elec. pfd.—15 at ‘a © Rws. gen. 5s—$1.000 at 100. $1.000 at 100, $1,000 at 100, $1,000 at 100, 000 at 100. Money— Call loans, 526 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. Bid. Asked. AR ATt B o Tel. an ; 3 Am. Tel & Tel_ctl rs.filv. ‘elephone 961y % Va. 5 93 Capltal Traction R. R. b 981, 9 Suburban s 85 Geargetown Gas lst Ss I3 Metropolitan R. R. 5s. 7Y% Potomac Electric st 5s. 9 Potomac Flec. Cons. 5s 9514 deb. 100 Potomac Elec. ac Elec. & Gan Bs Washington Gas Tis < Washington Rwy. and Eiec. 4s.. Wash. Ry. and Elec. g. m. 6s. STOCKS. PUBLIC UTILITY. | Amertean Tel: and Telga...... 126 Amer. Tel. and Telga. Rts.... 311 Capital Traction 102 3 S 200 1w, 23 Wi T8 i3 Terminal Taxi ptd 86 NATIONAL BANK. 162 Riggs SAVINGS BANK. . 8. Saviogs ‘Washington Mecharics” FIRE INSURANCE. Ameri TIT] ergenths Becurlty 2 Wlllllgl Market Yellow Cab . s & - EEREEELR it | LOCAL WHOLESALE PRICES. Eggs—Strictly fresh, selected, can- lded, per dozen, 35; average recelpts, 33 southern, 30, Live poultry—Roosters. per 1b., 15, turkeys. per b, 25; spring chick- $08, Der Ib., 28a30; keats, youns, €ach: | Alaska Gold 2, Alaska Junea Poultry — Fresh killed | Allled Chemica Pring chickens, per 1b. 30a35: hens. per 1b, 25; rooster: er 1b, 35a40; keats, YOUns. 250, Live stock—calves, choice, per 1b. -’maflum. per Ib., 10al1; (sln, 35250; fowl mi 3.0028.00 each; live hogs. per 10 een fruits—Apples, new, per bbl. 5.00: per bushel basket, nearby a r crate, Salitornia oranges. Per UiIol: | A m Chicle Co. S 50a4.00, Canta- { Am Cotton Oil < “Rockyfords, 3.25 | Am Druggist. 2 Tm Hide & Lea pf per cra loupes, nearby, 50a2. Cymblings, ~ per _crate, Onlons, per sack, 2.25a2.50. Virginia, ~ 1.50a2.00 nearby cabbage, Celery, per doz. _ DAIRY MARKETS. BALTIMORE, Md., September 7 (Spe- cial).—Live poultry—Spring chickens, pound, 22a28; white leghorns, 22a25;| Am Tobacco pf (n;10'% 24a28; white leghorns, 20a | Am Water Wks. .. & store packed, 2 process butter, 31a32. Atchison. .. CHICAGO, September Many New Highs Are Made. |8k " Market Shows a Con- fident Tone. Burns Bros (A) Burns Bros (B) Butte Cobper Rutte & Supenor. Butterick. ... CaddoOl. ....... California Pekng. . BY STUART P. WEST. NEW YORK. September 7. in the financial situation today upon the movement of the |Calfornia Petrol. stock exchange. This was not be- California Petept cause of anything important in the outside news. What the market was called upon to decide was whether or not Wednesday's decline was any- thing more than a normal reaction in a speculative market. which has been moving upward long enough to warrant some setback. Chi& Alton. The answer was given with suffi- cient clearness when prices started right at the opening, with au |ChiGreat Westrn. advance and continued to move ahead as they did before the brief inter- The former had an office in the Bond | 12.50. bulk ratives. 1225a12.40: culls | ruption of the previous day. Selecting Specialties. The advance was a collection of more or less rapid upturns in a large number of selected stocks - Some of these reached new high |Chile Copper. points for the year, among them Nor- folk & Western in_the railway list.|cCC & St Loul| | Consoliduted Gas, Columbia Gas and {CGC & StLpf. Pacific Gas in the public utilities o "o0d" and in the industrial list | OO American Ice, American Wool, United | Retail Stores, American Can and Con- tinental Can. Oil shares were taken up with spe- clal attention paid to Standard Oil of | Cons Cigar California, Cosden and Sinclair. bulk beef cows and | 0a7.25; bulk bologna bulls, | pulk desirable vealers | ‘ Motor accessories stocks were also able, because of the advance in the stocks of automobile and automobile rts companies, that the rubber and ues should have had another sinking spell. Ablo‘rp&on of lhaDdCosden Oil by of the big oil producers was one of (zezh Eumurs that were | Cuba Cane Spof... going_about. The strength of Amer- ican Wool was related to favorable prospects in its particular industry, | De Beers. .. but these have lopg been well app: ciated. So, too, have the recapitaliz ation projects for Consclidated Gas of the few activity in the canning trade. Have Not Lost Grip. ‘What the market showed in a gen- o | eral way was that the forces making for higher prices had not lost :hen; rip, and that whether the rzsalt o Soontaneous buying or of stimula- | Endicott-John pf. 15% -} tion by pools and individual specu- - | lators, the advances were not bring- any great quantity of stucks from investment holders. ‘Neither the foreign exchanges nor the | Famous Players. .. 100% market for forelgn bonds was at all Tesponsive to what seemed the definitely | Fed Mines & Sm favorable turn In the outlook for Ger- man I'ngll'.uflnblf f a : ‘The day's cables confirmed reports of Se Germany's plan to liquidate its obliga- Elane 2 tions to France chiefly through materials Supplied to the devastated regions, and | FreePort Texas also the French government's acqui- g But the effect anticipated was not (at least not immediately) realized. Francs went lower on the day. So did German marks and sterling. —_— SCHULTE STORES | £2%: NEW YORK. September feature on the curb exchange today |Houston Oil was a sensational rise in the shares of Schulte Retail Stores Corporation. In 1920 a stock dividend of 50 per cent was distributed on the 250,000 shares of Schulte common. In 1921 |llinols Central another stock d was paid. Today's advance was on the expectation of another simi- lar distribution in the near future. The Schulte move also brought out a revival of the rumor of with the United Retall Stores. Olis Rather Slow, The curb oils did not respond as|pt] Harvester. much as they might to the strength | ynt] Mer Marine. .. of similar stocks on_ the big board. ! pnei Mer Standard Oil of Indian b ! :';re only fractionally higher. Stand- points in a few , while Atlantic Lobos sold off. Island OIl. . Simms _Petrol ig] n, States Oils was freely offered, and Maracaibo and Fensland Oil worked Accessories Firmer. "Hayes Wheel retained its rise of | Kayser (Jul the previous day, and at one time | Kelly-Spring ‘was somewhat higher. Sympathising | Kelsey Wheel. the Kennecott. ‘with general strength moblle stocks, Packard Motor com- 16| mon was firm, while the preferred e last previous sales gnd only polat from its high ef g4 @ FINANCIAL. THE EVENING STAR, WASHINGTON, D. C, THURSDAY, SEPT Grain. Produce and Live Stock| NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office bs, “choice, per 1b.. 13; WV | % pogen. lemons, per box. amIce. . Am Ice pf. Am Intern: lina, 2.0022.50; nearby, 2.50a3.00. Lettuce, oo yo o oq per crate, 50a75; New York, Per CTAle: | An yocomotive lettuce, | VA5 | Am Metals. . Cabbage, | Am Metal pf , per_box, 1.00a 0a2.50_Der | Am Steel F ate, 25850. |4 Sugar. . ative and nearby. [ 4 o fqa" Ann Arbor ; ladles, Baidwin Loco. Balto & Ohlo.of. Barnesdall (A)... h Barnet Lei Reth Steel (B) Beth Steel 8% Booth Fishe: Brit Em Bklyn Edison yn Raptd Trn. . Ivn Rap Tt ctfs. Bklyn Union Gi Brown Shoe. . Brown Shoe pf. Inter- Motors Do Better. It was all the more notice- Gen Mot 7% deb Granby Consol Sray & Davis. Great Northern pf. Great Nor Ore..... 39% Guantanamo es Steel... 8214 — Hartman Corp.... 8% 7.—The | Harbishaw Cable. Gulf Stat Hudson Mo merger New York ran up several Tron m, the most active t oils, was traded in r prices. Souther: Jones Tea. in auto- EMBER 7, 1922. Open. High. Low. Lake Erle & Wpf. . W Lee Tire & Rubber. Lehign Valley. Alr Reduction Ajax Rubber. Allied Chem pt.. Allfs Chalmer: per 1b., 10: tUT" 10 Chalmers pf. 101 Am Agr Chemlcal. 0% Am AgrChem pf.. 0% 1o [ Am Bank Note pf. per i | Am Beet Sugar. Mackay Cos pf. Mackay Cos Mack Truck Mack Truck 2nd.. Mallinkon & Co. ... Manat! Sugar pf.. Manhat Elec Sup. Manhattan Eles Manhat Elev ctfs. 5 Manhattan Shirt Market St prior. .. Mariand Oil. Martin-Parry. Mathison Alkill Maxwell (B)... Chinese Govt Ry b Christiania ss. ., Danish Municipal BKIR T 78 '21 ctfs Denmark 85 Canadian Northern 7; Ca; Dominican Rep 5%s'42. Dutch East Ind 68 '47... Dutch EastIsf 6s'62.. French Govt 8s. French Govt 7%s Japanese 1st 4% s Japanese 4s. Mexicun Pete pf. . Mex Seaboard Oll. . Mexican Sebd ctfs Miam! Copper. . Middle States Oll. . per bbli| Am Radiator..... ber bbl.. 1.00a1.60. | Am Ship & Com 50. Egg-|Am Smelting. per crate, 75a1.00. ‘Toma-|Am Smelting pf r box, nearby, 50a1.00. Beans,|Am Snuff. 3.0024.00 per bbl. D Midvale Steel. per crate. 302 | s Sugar pf. , per quart, 15818 % m Sumatra. Montgomery Ward. 50a1.25 Moon Motors. ... Mother Lode Cltn. ontana Power-. .. uilins Body . . Nat! Acme. . Natl Biscult Natl Enameling Netherlands 126 Am Tel & Telrts. Am Tobacco. .. Am Tobacco (B).. 1624 Rio de Janeiro g..lo Grande Do Sul 8: e n Paulo, City of, 8 leveland Term 5%=. lg&j g:lo Pl;lo. Cuba RR Ist & ref 7%s 106% CubaRR bs. 8 85 85 16a16; ducks. 19a22;| Am W Wks 6% pf. mall and poor, 15a16; pigeons, pair, 5: guineafowl, each. 40 to 60. Eggs (loss off) firsts, dozen, 32; southern, 28a29. Butter—Creamery, 3914240; prints, 40a42; Am Woolen. ..... Am Writing Pr pt Nat R of Mx Nevada Copper. New Or Tex & M. N Y Alr Brake. N Y Central. NYChiastL.... NY N H & Hartforc 32 Norfolk & Western. 119% North American. .. North American p! 4% Northern Pacific... 88% Del & Hud 1st & ref 4s Del & Hud cv i Del & Hud 5%s Den & Rio G con 48 Den & Rio G fmp bs. Den & Rio G 1atref 6 Detrolt United 4%| Erfe 1 Erle gen 4s Erieconv4sB.. Erle conv 4s D. L. Ba% B4% B4% Grand Trunk s f deb 6s. 106% 105% 106% Great Northern gen 7s. 118% 113 113 Great North gen 6% Green Bay & W deb B. Hudeon & Man ret & Swiss Confed s f Utd Kingdom 5%s 22, Utd Kingdom 5%x'29. Utd Kingdom 5%s'37. Uruguay 8s 1946 Ann Arbor pf..... Asso Dry Goods. . Associated Oil. Atlanta Bir & Atl. Atlantic Cst Line. 17 Atlantic Fruit Co. Atlantic Gulf. x Austin Nichols. . . % Austin Nichols pf. 85% SPECIALTY TRADE g2z MISCELLANEOUS. Ajax Ruober 8s.... Am Agri Chem 7% 1l Central ref 111 Central 53%s Interboro-Met 4%s. 1 | Interboro-Met 4345 ctfs 18% 15's 15K Inter-Met 4%s ct sta.... 1 Inter Rap Tran 5s Inter Rap Tran bs ct Inter Rap Tran s wi.. 80 £ 10 Inter Rap Tran s w Inter & Grt Nor adj Towa Central ref Towa Central 1st KanCFtS&Mds Kansas City Sou 3= 1950. 71% 1% Am Writing Paper 6s Anton Jurgens cv 63 Armour & Co 4% Atlantic Fruit 7s. Atlantic Refining 5s w | Barnsdallsf8sA. Bell Tel Pa 7s Bethlehem Steel s Bethlehem Steel p m 5s Can Gen Elec deb Pac Develooment. . PacGas & Elec.... 81% Pac Tel & Teleg pf. Pan-Amer Pete. . . Pan-Am Pete (B) . Parish & Bingham. Penn Seabd Sieel Peoria & Eastern. . Pere Marquett Pere Marq pf. Phila Company. | Cincinnati Gas & E 5 % Colorado Industrial 5i Columbia Gas 5s. Con Coal M1 1st Cuba Cane 8 cv deb Lake Shore 451928 % Lake Shore 45 1931. 3% Lehigh Valley 6s. . 04 104 Pierce-Arrow pf... 31 i 4 Plerce Ol Louis & Nash unified 4s ; Louls & Nash 7 Pitts Coal pf. Callahan Zinc. Calumet & Ariz. Canadian Pacific. . Central Leather Central Leath pf CentRRofNJ Cerro de Pasco. Chandler Moto! Ches & Ohlo. {Du F'ont de Nem 738, Duquesne Light €s. Empire Gas & Fuel 7 Fisk Rubber 8 Framerican 1D 7% Francisco Sug 7%s "42. Goodrich, BF, 6% tc. Goodyear Tire §s ‘31 Goodyear Tire 8s'41. Havana ERL & P Holiand American s HumlLleO& R5%s wi. Ilinols Steel 4145 1940 Indiana Steel Ist 5s '52. Inter Mer Marine 6s. 7 | Inter Paper 1stSs B. | Kayeer (Julius) 87 { Kelly-Springfieid 8s. Liggett & Myers 7s. Manatl Sugarsf 7%s. Marland Oil temp 7% Marland Oil 8s war. Mexican Petroleum 8s. Midvale Steel 63 Montana Power 5 Morris & Co 1st 4% New England Tel 3s w i. New York Ed 18t 6 NYGELH&PS5s w York Tel 65 1941.. ew York Tel 4% North Amer Edison Ss. Nor Ohio Tr & L ref 6 Northern States Pow 5s. Northwest Bell Tel 7s. Otis Steel T%s. Otis Steel 8s. Pacific Gas & | Pacific Tel & Tel 5s. Pac Tel & Tel 58 cts. Packard Motor 8s. Pan-Amer P& T 7: Philadelphia Co ref 63 A. X Producers & Ret 8s...... 102 Producers & Ref 85 war 113 Public Service 5 Punta Alegre 7537, Remington Arms 6s 1932. 5 Sacks & Cos f 7s"42 Sharon Steel Hoop 8 Sinclair Oll T%s Pond Creek Coal. Postum Cereal Pressed Steel Car. Producers & Ref Public Servof N J. 954 Punta Alegre. C & EI (new) ~hi & E Il pf (n). Rallway Steel Spr 116% Chi Mil & St P. Chi M1l & St P pf. Cnt & Northwn. Chi Preumat Tool. Chi R 1 & Pacific Remington 1st pf. Remington 2d pf.. 8 Rep Iron & Steel Rep Motor Truck. . Revnolds (B) Reynolda pt. Rutland Ry pf. St Joseph Lead. St L & San Fran St L & San Frpt. St Louls Southwn. St Lous Sown pf. . Santa Cecllia Sugar 3% Saxon Motors Seaboard A'r Line. Sears Roebuck Shattuck-Ariz Shell Trad & Tran: 0% Shell Union pf. Sinclair Ofl. .. Chine Copper. Northern Pac §s temp. 100 99% 100 North Pac ref Imp 6s..... 110 109% 1) Ore & Cal Ist 58 Ore Short L ref 9% | Ore Short L con 58 *4§ | Ore-Wasn 1st ref ds. Paris-Lyons-Med 6s. Pennsylvania gen 5 Pennsylvania gen 4% Pennsylvavia gold 7s Pennsylvania con 4145, % | Pennsylvania 6348 Peoria & East inc 4s. Pere Marg 1st 58 Portland Ry L P 1st 5 Reading gen 4 RIATk&L4%s. ... StLIM&SR&G i3 StLIM&S 45 1929. SIL&SFprinds Columbla Gas. Columbia Graph Comp Tabulator Cons Gas of N Crucible Steel. Cuban-Am Sugar. . Cuban-Am Sug pf. % Cuba Cane Sugar. So Porto Sugar Southern Pacific Southern Rallway. 26% Southern Ry pf. Spicer Mtg Co Standard Mill Stand Ol of Cal Stand Ollof N J... Stand Oil of N J ptf. 1174 Steel & Tube pf. Stewart-Warner Stromberg Carb Studebaker. .. Submarine Boat. .. Superior Ofl. Sweets Co of Temtor Corn (A} . Texas Company. .. Texas Gulf Sulpbur 50% Texas & Pacific.... Texas & PC & Oll. ‘Third Avenue. robacco Prod. ‘Tobacco Prod pfd. 107% Davidson Chem. . Detroit Edison... 116 9% 9% and American Ice and the unusual | Dome Mines. 88 StP&KCShL4%s'41 Dupont (E. L) San Antonio & A P 4s. | Cupont debentur: | Eastman Kodak.. &% Electric Stor Bat. Endicott-Johnson. . Tobacco Prod Toledo Edison 1st 7s. Unlon T2nk Car 7s. United Drug cv 8« 1 United Fuel Gas 63 Utd Steam Copen 6s. U S Rubber 1st bs. . Famous Players pf. 104 Fed Mines & S pt. FUkRubber Tol StL& W ptd Trans Contl Oil. Twin City R Tran. 5 Union Bax & Papr 7 3% Gen Am Tank Car. 67% Gen Am Tank pf. Va-Car Chemical 7s 8% Va-Car Chem cv 7%s wr. % Warner Sugar T Union Pacific. Unlon Pacific pf. Union Tank C pf. United Drug. . . United Retall St Win Repeat Arms —_— FOREIGN ©XCHANGE. tations furnished by W. B. Hibbs & Ce Selling checks—dollar valies ar =~on toda: Am. Car & Fdry, 3%. Am. Car & Fy. prd. Amer, ‘Cigar pd. 1 Amer. Snuff. 3':;; Gas, 4%, e | Fisher Body, Ohio, pfd, Hercules Powder, 3%. 9 ke Min..' 25c. ‘Hupp Motors. Hydraulic Steel i1linols Central. By the Associated P NEW YI)RK“ Se) exchange easier. 12% | Saand, 445%; cables. 4.43%: 60-day bills_on banks, 4.43 mand, -0774; cables: 83% | mand, .0434; cables, .0434%. Belzglm. ptember 7.—Foreign Great Britain, de- | Ial cables, .0736. demand, .00073%: cables, .0007%. Holland, demand, .3885; cables, .3891. Norway. demand, .1660. mand, .2650. Denmark, demand, .2147. Switzerland, demand. demand, .1551. B 23! ‘Western Elec pfd. 109% demand, .0735% Interhorough w.1i. 29 Int! Combustion E Int] & Gt Northet Sweden, de- §yosEzggs Greece, demand. .0280. Poland, demand, .0001%. Czechoslo- vakia, .0340. Argentine, demand. .263 Brazll, de,r;lind. .1350. H Montreal, de- FEFE —_— PARIS BANK STATEMBENT. S, September 7.—The FAnt 3 the Bank of tho'lld the following changes: § ‘."-' *B statement of e i West'house E. & M., $1. q 5 Westruse E.&M. pfd.. 31, G Oct. 1 38 Exgeegny; g0 o s. Silver in hand, Notes in circulation, increased 574.- 121,000 francs. Treasury deposits, decreased 26,- 741,000 francs. General deposits, decreased 73,968, 000 francs. Bills discounted, decreased 373,109.- 00 francs. City D C Sou pf. 1ius) HOURLY IA;I. OF § A populsF refreshing drink served /gafes is suga de coco or milk green cocoanut. opened be- fore you, and strained into & glass. §3 E-gvaans g8 remain un- Advanoes to the stat changed at 23,900,000,000 Sad Stk R R IR R i e b i - FINANCIAL. UNITED STATES WAR BONDS. High. Low. Close. Liberty 83s, 183247.... 10085 10080 10084 Liberty 2nd 45 192742... 1002 10028 10028 Liberty 1st 4%s 183247 10064 10044 100 64 Liberty 24 41 102742... 10032 19018 10026 Liberty 34 4% 1928. Liberty 4th 4%s 1933-35. 10065 10038 100 60 Tictory 4%s 1923. Victory 4%s (called) .. 10070 10068 10068 1000 10028 10028 RAILROADS. n & Man adj 955. .. 4% 4% | Montreal Tram 1stref 5s. 5% €14 9% Nassau Elec Ry 4s 19 106% 105% 106 W MY By Union Pacific1stref4s.. %0 8 %0 Union Pacific cv 4 Union Pacific cv 6 Virginian Ry 1st 5s. . m A TOTAL SALES (Par Valu 3019001 5 166 000 6717000 90940 DIVIDENDS DECLARED. Pas- Holders o 2 nepr 161 18 1%, a-0ct. % Q. Oct. Co. HEL rrsrrnn BB mBrossss Bnmisisiss S Bro B rs .08 PORTO RICAN BONDS OFFER. NEW YORK, September 7.—Public offering of the $1,250,000 issue of Porto Rican 6 per cent gold bonds will be made by a syndicate headed by the Guaranty Company of this city. The nds are dated January 1, 1922 and are due serially from 1941 to 1962. They are offered at prices to yleld 4.20 per cent. The issue has been authorized ico and is as tax exempt as ‘the liberty 3% per cent |0N vev York BONDS srocx EXC!IANGEI Received by Private Wire Direct to The Star Office. FOREIGN GOVERNMENT, STATE AND MUNICIPAL. our 100 Denver R 1% Durant Moors 500 Gimbel Bros i 800 Gimbel Bros pr w 500 Glen Alden Coal. . 200 Goldwyn Plctures Hayes Wheel . 400 Heyden 300 Pa X 200 Packard Motor prd 100 Philipsborn Ine...... 19300 Philipsborn Inc pfd. ; 3 W P dig _ 10500 Pri 14 3 prd 1007 lo Corp_pfd. | A 300 Reo Motor Truck.. 13% 2400 Schulte Stores 3815 2000 Kauth Coal & Iven. 44 800 8t. Lawr Feldspar. 300 Stitz Motor 200 Techntes 300 800 Wayne Coal 500 100 800 Anglo Amer Ol 8300 Stan Oil Ind 1100 Stan Oif K 100 Colomblun Syud 500 Continental Ref 300 Creole Syndicate 100 Equits Petro pr.. 1400 Federal 0f 2000 Hudson Ol . 2100 Inter Petro 100 Kirby Petro 200 Livingston Pet 100 Maracaibo Oil . 100 Marland 01l Mex ... 200 Merritt Ol ........ 100 Mexican Oil - 1 100 Mountain Producers. 14% 1 13000 Red Banks Oil €00 R 00 100 Spencer Pet Corp.. 4000 Texon Oil & Land 100 Turman Oil . 900 Wilcox Ol 200 <Y 01l & Gas Ml 100 Amer Exploratiol 200 Anglo-Am Corp 300 Belcher Ext 1000 Canada Copper ... 1000 Gold Zone Div M. 200 Hecla Mining ... 400 Hollinger Gold M. 100% 1004 10 %4 | 1000 Independence L M 0% %% 8% | 1000 Kerr Lake 200 Magma Copper 200 Mason Valley | 3000 Sandstorm 1000 Silverdate Mines 1 2000 Brewart M xpey @ 100 Tonopah Reim | 10000 Tonopali Cash Buy 2200 Tonopah D.vide.. | 300 Tonopah 10 Tri-bsul 100 Trinity 1000 Victors 000 W Do Cons Mi Ltd 500 West End Cons..... 5 A 1000 White Caps Mininz .16 .16 .16 2 Canadian Stes Netl 18 King Serbs Croats 8s 9533 5 King <] 33 Hamhurg 4148 85 Mexico Govt 6. 10N Y NHFr 45 U 8 Mexico ) 'N. Y. Curb Market - (Quotations furnished by the Associated Press) INDUSTRIALS. st prd .60 Durant Motars .- Co ptd w e YA B pfa w i Y Air Bria w i, Tn Retall Candy... Wext End Chem. . Willys Cor 1 pr ctf 21 STANDARD OILS, 10 Galena Signal § 80 Ireperial Oil Can Ohio Oil .. 8 10 Prairie Pipe Line. ew n Ofl ) 40 Vacuum Ofl . INDEPENDENT OILS 2000 Allied Ol ... 03 03 03 100 Amer Fuel Oil pr.. 1% 1% 1000 Roston Wroming 7 105 Cities Service . » 200 Citfes Service pr... 0 Engineers Petro Kerstone Ranger. J6% | 200 Candelar.a Mining. 1% | _300 Canario i | 2000 Combin Fraction M 9% ! “500 Consolidated Copper *4% | 1500 Cortez Si1 531 | 100 Crown R 383 | 2000 Den_Co o | 200 b1 Ravvma . X 9000 Emma_Nilver M nes 6% | 7000 Eureka Cruesus ... 94 {10000 Fortura .. 128% | 3 gomns Gold Ay 64% | 1000 Goldfield - €0 {13000 Goldfield Oro Extension BONDS. 1088, 1001, 1081 106t Am Light & Troc 65 108 = 108 = 108 A T & T 61822 100 100 100 Am T & T 6s 192 101% 101% 101 Anaconda Copper 6s. 1023 102 102 Anaconda Cop Ts_ Anglo-Amer 0Nl 7 Armour & Co T Bethlehem St 108% 108% 1 103° s ;gk 083 3 Citles Serv Chi Union Sta w'th Cudal 2 Detroit 1 Freeport Tex: 2 Goodrich Tire 2 Gray @ Gulf ofl amship 7s 93% herlands 6 961 5 Ru 5 3 Bwiss 5l . —_— LONDON BANK SHOWING. LONDON, September 7.—The week- ly statement of the Bank of England shows the following changes: Total reserve, increased £1,041.000. Circulation, decreased £1,039,000. Bullion, increased £1.541. Other securities. increased £669.000. Other deposits, increased £13,834,- O ublic deposits, decreased £12,841,- Notes, reserve increased £1,043,- * 0. Government securities, decreased £910.000. e proportion of the bank's re- serve 1o Mability this week 1s 1857 per cent; last week it was 17.64 bur oent. Rate of discount, 3 per cent -