Evening Star Newspaper, July 18, 1923, Page 22

OCKSPUSHEDLP | INFIAL TRADIG ol More Active — Buyingl Largely in Special Issues. v : : anam -g....... FINANGIAL;: ‘Bears Also Cover. H BY STUART P, Spacial Dispateh to The Star. NEW YORK, July slarted in- today 1gotessional 8 of the p wueh the abtracted attention. ious day. lowever, of the market: Petty bear unprofitable. the resistance and Yiquidation, tention to the long side. - More Pool Activitiex, .For the first time in more month there vival of pool activities. in the numerous adv more in stocks V" Public creasing a Columbis Jersey. Professionals rtion under . Public Service ted Gas &nd chn Water Works. The which the water works stoc moved forward on ev o where the ganeral mard is favorable has ment. It fits IY“ the compan: sldiary—the Wes{ Pean will hefore long ralse its at n with the e WEST the absence were turning their 18.—The market with a further ad- vince. then ran Into selling by the followinge which stall profits to take on the purchas- Tt was not sojAm La France. . had ‘tual price changes which as Was the difference in the general tone raiding s abandoned, bacause it had proved &ensing | of at- than & ot A s¢ ks was evidence of a re- This showed (A Tobpt (n).. ces of a point of the specialty utilities came in for in- the lead of New meri- with sion xt all ‘€l & Mmattér of com- xpectation s pripcipal sub- Conmpan dividend; that this will lead at once to the full B per cent on American Water Works participuting preferred, way will stocl tion later W the ond quarter the steel s Bethleher from sday's Tow Was shown in this group. baker was the leader, but moved forward readily. ris companies and Strombers on upon the Steel Shares Strong. h the about were teel was up o to like c-Springtiel luyed and busines: well. X ngth was departm v s whose up remarkably worth stoc siated Dry nd in W was statistical market favorable Dpper metul eiving mor nd accordingly roge quite Sharply Cennecott weree advance the be the and thut then be cleared for a dis- common carnings statements the appear, er 2 p Much stre S Shares Stewa were prom srest in U. d shares store is keeping Woni- dor but As- close chain rong. ints th tude- Chandler the Wit position seemed attention in on of up sngnt- while pr firm, atlon Company at New Top. ! Foundation Company sold highest since fts recen & on the racted further sttention X its consistent strengih late profits available for dividends uglm payment of all taxes g g 2 -1922 inclusiv rmore a ¢ to England Al t its aamusston Lo stock exchange, and Decause 1y. e, amounted ross husiness in the was that the Sinclair Con- il Corporation is planning its n i1 the refined prod- WREORS, ng tod; Stewart pecial strength. able dividend aga i Payed tlons of favo week had s wWith it Routine. Newx ws b tion The routi ress sity verable. The first upward recoil of vorable. ring upon the was generally fa- wheat market had its any con ay's late rally and Warner. dis- Anticin tion th mething to do, a0 doubt, it wre for to- copper Utah and conspienous In 1922 consump - the billion-pound mark, Ajax Rubber Air Reduction. . Alaska Juneau Allled Chem pf. Allis Chalmers. . Am Agr Chem. . Am Ag Chm pt. Am Beet Sugar. Am Bosch Am Brake Am Can. Am Can pf Am Car & Fay.. Am Chain (A). Am Chicle Co Am Cotton Ol Am Expre: AmH& Am Ice.. Am Tce pf. Am Internat’ {Am Linsced { Am Linseed Am Metals Am Smelt pt. Am Steel Fdy Am Sugar. Am Sumatr; ath. . AmH & Lea nt. pf.. Am Locomotive Am Roll Mill pr. Am Ship & Com. {Am Smelting. ... Am Tal & Teleg Am Tobaeco Am Tobac (B).. |Am Water Wks. Am Woolen Anaconda: Asso D Goods Atchison, . Atchison pf Atlantic Gulf Atl Gult pt Atlas Ta, Auto Knitter. Beth Steel. ... Reth Stl 8% Bklyn Edison Calif Petrol Cent RR of N. Certain-Teed Chandler Mot Chi Mil & St 1 Chi & Northw Chi R1& Vac Chile Copper . Coca-Cola § Com Solv (B) Continen Am Woolen p Baldwin Loco Balto & Ohlo. Balto & Ohio pf. Barnesdall (3). Barnesdall (B) . Beechnut Pack. Am W W 8% pf. Asso D G 1st pf. Atlan Cst Line. Austin Nichols.. Beth St 7% (n). f.. Brit Emip Steel Bklyn Rup Tran Bkiyn R war 2d., Burns Bros (). Burns Bros (B). Butte & Super. Calumet & Ariz. Canadian Pac Central Leath. . Cent Leath pf Cerro de Pasco. . Chi & Alton. ... Chesap & Ohio. . Chas & O pf w i. Chi & East 111 Ellpf... Chi Mil &St I’ p2 Chi 'neu Tool. Chi R 1&P8% pf. Chi R1&P 7% pf ChiStPM&O.. Chino Copper . Cluett Peabody Columbia Gas. . Columbia Graph Col Graph pf.... Columbn Carbon Com Solv (A).. Corn Products. . Cosden - | Crucible Steel Open.’ 60 6% 4 13w 36 1094 158 20% 1 m;u’ High. 604 % 1 108% 41 13% 35 82 834 W 89% 109% 158 63 19% 122% 1448 143% 108% 38 61 85 101% A% Low. Close. 60 6% n. 7 894 109% 183 20% 1 AR 97 7% 8% 98 %% -19% 11> 204 10 674 438 87 12 564 91 En 62% 19% 122% 144w 143% 108 R [ 844 101% 4014 9% 844 99 88)y. 113% 2% 1% 1% 204 20 1194 454 57 125% 9 64 46 89K 102 -6 109 1 19 120% 26% 2018 228, 4 1477% 20% 534 674 43% P 12 7% 96 84 634 19% 122% 44% 143% 108 AT 60% 85 101% 40% 81 844 Ed R8I 1134 13% 12% 1% 204 2 119% 484 6TW 12% 9% 66 48% 894 102 6 108% 1 20% 1201 26% 21 22% 48 W 20% 53% 183% 40% 28 51% 2% 50% 97 25 4T 11 19 32 0% 8) 254 73 83 60% 264w 19% 62 1% 9314 28 | i Mathison Alkni. i Maxwell (A). Maxwell (B) May Dp Stores. . } McIntyre For. .. Miami Copper. Middle St Oil. Midvale Steel. Minn & StL (n). Mo Kan & Tex.. MoK & Tex pf. . o Pacific. . o Pacific pf. ... Montana Power . Montg'y Ward, . Moon Motors. Mother Lode. .. Nash Motors pr. Nat Bisoutt. Nat Conduit Nutl Enamel t1 Ry of M 24. Nevada Copper. N Y Air Brake. . NY Canners. ., . N Y Central. . NYNH&Harttd. -| Norf & Western. North Amer. North Am pf North Pacific. Nunnally Co 6tis Elevator. @rphoum Circutt Otis Steel. Pacific Develop. Pueific Ofl...... Packard Motor. Pan-Am Pete. .. Pan-Am P (B).. Panhandle. Pennsylvania. .. Penn Seabd Sti. Pere Marquette. Philadelphix Co Phillips Pete. .. Phoenix Hosiery Pierce-Arpf. ... Plerce-Ar prior. Plerce Oil. Pitts Coal pf Pitts & W Va. Postum Cereal. . Pressed Stl Car. Prossed 8t € pf. Produc & Ref. Prod & Ret pf Pub Service. . Pullman Co. Punta Alegre. Pure Oil. Railway StlSp. Rapid Tran Rap Tran Sec pf Ray Con Copper Reading. Remington. ..., Replogle Steel. . Rep It & Steel. . Reynoids Spr. .. Rey Tobac (B).. Royal Dutch St Joseph Lead.. StL&San Fr pf. St L Southwn. t L South pf. Sun Ceeil Sui avage Arms. eabd A Lpf.... Soars Roebuck . Seneca Copper. . Shell Union. Shell Union pf immons. ... Simms Petrol. Sinclair Oll. Sinclair pf. Skelly Ol Floss-Shetfield. . So Porto Sugar. South Pacific. Southern Rwy, . Southern Ry p picer Mfg Co t Oil of Calif StOll of N J pf.. Steol & Tube pf. Sterling Prod. .. Stewart-Warnes Strombg Carb. Studebake Submarine E Superlor 01l Tenn Copper. Texas Company. Tex Gulf Sulph. Texas & Pacific. | Tex & PC & O11. ol 19 102 10% 24 1% tand Ol of N J. 86 6674 1031, o 9% 43 57 19% 10% NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Close. 42 49 11% ‘78 16% 18% 12% 24% 574 19 TRADING IN BOND MUCH MORE AGTIVE Today’s Prices Firm“and at ! Times Even Strong—U. S. Issues Do Better. BY GEORGE 'P. HUGHES. Special Dispatch to The Star. NEW YORK, July 18.—Today's bond market was firm and at time even strong. There was also more activity than In some time. Quota- tions for practically .all grades of securities openod higher and, while there was gome reaction about mid- day, the general tone was very good. Thers was even some evidence of 2 better demand from institutions for the high grade legal railroad bonds. United Statos government loans also {did batter, with espectal strength in [ the Treasury 4%s of 1952. Reading General 4s were agaln very strong on_top of their.advance of vesterday. There was active bid- ding for both the certificate and the undeposited bonds. Another high grade bond which “'.ll well bought was Chicago and Western Indiana 45, now selling only about one and one-half above the low for the year. Although subject to the prior lien of the ge of 1932, these bonds are s very valuabla property. now selling on a 6 per cent ba Among the speculative rails feature was the buying ia ocks at a {and 1o Grande refunding operation attracted wide The selling was sald to come from Ithe west und the buying was report- vd to be ali for one account and for permanent holding. Baltimode and Ohlo convertible bs were firm again. Missouri Pacific general is were a | little higher and so were the spec- ulative favorites, the Missourl Kan- sus and Texas adjustment ent earnings of the Mb and Texas cover interes bments on the adjustment bond and the pre red dividend with a fr tion left over. Erie convertible 4s improved slightiy Foreign bonds shared the | ment. The cha was not g it was at an Austrian loan re- day, but that was only temporary. Thefe was especial ivity In the Crecho-Blovakia 8s at vancing prices. Tractions were firm. Rapid Transit The Interborough refunding 6s and 6s were especlally active at “higher prices. Hudson and Manhattan re- funding 5s and Income §s sold around their recent high. |ASKS WOMEN HALT ! WHEAT PRICE DROP i Housewives Buy Heavily of Flour i to Aid Farmer and Grain Men. By the Associated P'es CHICAGO, July 18—Urging the housewife to buy a barrel of flour, the general publio to purchase indi- vidually 1.000 bushels of wheat for future delivery and everybody to ecat one more slice of bread daily, a plan 10 eonbat dropping wheat and flour {prices. has been indorsed by George v, president of the Armour v Company. and 18 advocated by o 1 grain men houses July wheat yesterday 1963 here. Flour dropped {barrel. with spring pa | retall trade quoted at $, lots and winter wheat hled 15 centa a ts in > in small flours from tun large | ancing prices of Denver : attention. | { 1 {Armour Company Head Urges to | the | "ON NEW YORK BONDS STOCK. EXCHANGE: l Received by Private Wire Direct to The Star Office. (Sales are in §1,000.) UNITED STATES BONDS. (Fractions represent thirty-seco! Example: 101-1 means 1011-32 Sales. High. 56 100-11° 10010 100-10 98-10 98- Lib3y LI 1st 4%s.. Lib 2d 48 Lib3a 4%, Lib 4th 4% US4%s19 12 158 528 280 169 Argentine 7 Austria 7s ctfs Belgium 7% oy Belglum Belgium 8s. . Bern 8s... Bolivia Bordeaux Brasil 7s Brazil 8s. Brasil 71% Canada 5s 1926, . Canada 61s 1929 Canada 68 1931 . Canada 851952 Chile 88 1926 Chile 82 1941. {Copenhagen 5456 {Cuba §iis w I, Czechoslovakia 8 Denmark S Denmark 6s. . . Duteh E T 5% Dutch East ) 6’ Dutch East 1 65'62.122 Framerican 714 French Govt 88 French Govt 71, Haiti 6s ctfs, . Holland-Amer 63 Japanese 4x. Jergen UM 6s Lyons 6s. .. lles 6s. Mexlico bs. Mexico 4 Orlent Dev deb os. . Paris-Ly's-Med 6s. Prague 7125 . Queensland 7 Rio de Jun 851848, Rio de Jun 85 1947, Serbs Crotes Slo 8s Sweden 68 Uruguay 8s. . Zurich $s. ... Ajax Rubber 85 Am Agr Chem 7 Am Chain s £ 6533 Am EmIt&R 18t 5s. Am SmIt&R 6. . Am Sugar Ref 6e AmT& Tev 6 Am7T & T obtr & AmT& Tcltr4s Anaconda cv db 7s. Ankconda 1st 6e. Armour & Co 41 Atlantic Refin 5s. . el 6135 53, Steel pm 55, . Steelat §s. Brier H St 1st 615 Ikiyn Edizon 15 1) Edgenbs. . % Bldg bs 60, niral Leather 5s rro de Pusco 8s. . Chile Copper 68 Cin Q& k5s " Con Goal Md 1t 5s. Cuban-Am Rug 8s. Cuba Canacvd8s. Det Bdison ref s6. . Dianiond Mth 7igs Du Pontde N Tigs. Duquesnue Light 6s E Cuba Sug 7128, .. Empire P& Fisk Rubber ss odrich 6las. ..., odyear 331931 . . Goodycar 85 1941 Humble O&R 5.5, Hlinois Bell 1st § Indiana Steel 55, Int Mer Marine 6s. -98-29 .. 35 102% 197 91% MISCELLANEOUS. -180 nds. .) Low. Close. 2 98-09 98-28 98-10 99-24 818 98-11 98-08 98-27 98-08 99-24 98-11 99-27 FOREIGN. Tow. Glose. 100 100 95% 100% -109% 87% 79 les. Figh. 10 100% 3 100% 2 109% 1 32 101% 110 7% 91w 78% 77 106% 0l 93 2% 99% 8o 69% 104% 116% 112% 10z 103'% Ly 5 941y 12 9ty 10 93% 19 »97 10 1ul% 28 102% 9 116% 40 9T - 10 924 41,100% 9 1003 | w7 voy 1ol 115% I Rapid Tran 6s w 1. 134 2 RAILROADS. ‘Bales. High, Low. Atchison gen 4s [ Atchisor adj 4s. 80% Atlantfe C L 18 85% Atléntio CLel 4 ciowe: | 88N =0K it T8% . 1 b s1u : 98% T84 15 101% 101% 10 80% % T TSt 8% 69% 72 e '86%. 1124 112% 112% o i 9 864 Bklyn R T sudtfs. . Bkiyn R T 79721, . BKIR T 7921 ot Canad North 6 Canad Pac dbb‘e . Car Clinch & 0 bs. ., ar Clinch & O ¢s.. Céntral Pacific 4s. Ches & Ohlo cv b Ches & O cv 4% Ches & O gn 413, Chl & Alton 3s. Chi & Alton 3153 Chi B&Q gn 4s 88, Chi & E 11l gn 5 Chi Great West C'M & Puget 54 Chi M&S P rf 4148, Chi M&BL P ov ba. . Chi M&St P 48 '25. M&S Pov4ys M&BL P 45 '34. hIRI& Pacref ChiUnSta 4%s. .. Chi Un Sta 61, Chl & W Ind cn 48, hi & W Ind 7348, CC&SLLrf6s A. . Clove Térm 6135, Colo & Bou 43 C:5aRR 6 Del & Hd 1st rf 48. De: & Hudkon 5%s Den & Rio G cn D& RG 18t rf bs. . 438 Det United 434s... 14 Erle 18t con 4 Erle con®xt Ts Eriegends...... Erio convisD,.... 38 Gr Trunk sf db 6s.. 7 Grand Trunk 7s 2 GrNorthgen 7s... 15 Gr North gen 6%s. 2 Hud & Man ref 55 Hud & Man af bx. 111 Central ref 4s. . 1 Cent ref 68 '85. . 111 Central 5. It Rap Tran 5s Int Rap Tran 7s Int Rap Tr 6s Jji1z 112 79} ol 0 86 - 1% 834 % 83% 62% 28% 834 e GemaplaanRm~Ratmaan 9 8% 49% e “% T3% 6 5% 504 114 0% 0 e -—C BRReRERBO0 1024 82 8 1 54 99% 4% 474 854 57% 1084 484 51% 108% 112% 107% S0 28 101% 63% BT% 634 374 89% 29 ™% 884 84 0% 9444 101% 104% 3% 82% 103% 5w 7 lowa Cent rf 4. . Kan City Ft 8 4s. Kansas City S 3s. Kansas City S 5s. . Kun City Term 4s. Lake Shore 4s '28. Market Sten 8s. .. M& St Listrfds. . MNP & SSM i, K&Tist4s.... K&TprinbsA. K&TésC. . MK & T adj 5s. Mo Pacific 6s. Tex & M in 5. ¥ Y Cent gen 3156 Y Cent deb 8s. Y CentriSs w Haven c d §s New Havend 4a § New Haven 7 6 ew Haven Tsfr.. 224 Y5tateRyd4s. 8 Y W & Bos 4355, 18 Norfolk & W cn 4s. 2% | 3w ! . T6% 4% 1044 95% Bbé'h orthern Pac §s D orthern Pac 3s. Pennsyl 63s. . Pennsyl gold 7 Pere Marq 1st 5s. . Pere Mrq st 45 '36. 108% w5y ! 9% 68% Grain; Prodiicé/an G LiY? Stock LOCAL WHOLESALE MARKET. Frult and vegetubdle displays in the 16¢al markets are attracting much at- tention. Wholesalers report héavy re- celipts of “watermélons; cantaloupes, DeAches, plums and other fruits from a distance. - Nearby growets are also furnishing supplies of smaller fruits, inéluding ches, berries, currants and plums. rices, according to dealers, are rea- M | sonable. Blackberries, fairly plentiful, are not cheap, It Is stated that the de- mand for the fruit for making wine probably is the reason for the high prices. v Eggs—strictly fresh, selected, can- dled, “per dozen, 37a28; average re- ceipts,’ 35; southern, 2 Live poultry—Roosters, per Ib., 14; turkeéys, per 1b. 25;- pring éhickens, per 1b., 3ba40; keats, young, cach, 40; fowls, per Ib., 26; Dressed poultry — Eresh - killed spring _chickens, per 1b., 46a50: win- ter chickens, per Ib., 35; he per b, -30; rovsters,. per Ib., 30; tur- keys, per lb. 35ad0; keats, youns, each, 70a80. Live stock—Calves, choice, per Ib., 9%; medium, per Ib.. 5%ad thin, per 1b., 8a7. Lambs, spring, per b, 121: live pigs, 3.00a5.00 each; live hogs per 1b., 8%, Green frul(--—ApFl!l. new, per bas- ket. 1.0082.60. California oranges, per crate, 5.50a? Florida, 5.560a7.00. Léntons, per box, 6.00a7.50. Grape- frult, 4.00a4.50. Blackberries, per at. 10a15. Peaches, 1.00a3.00, Canta- loupes, standard, 2.00a4.50: pony, 1.75a 3.25; 25a1. 5/ Black raspber- ries, 215 ; red ruspberries, 25a40. Vegetables—New potatoes, per bbl., No: 1. 6.00a6.25; No. 2, 2.00a3.00. North Carolina_yams,’ 3.50a4.00. Lettues, per crate, nearby.'75a1.50; New York, G0a 1.75. Romaine lettuce, per crate, 1.00a 2.00. Cabbage, nearby, 1.50a2.50 per bbl. Eggplant, per crate, 2.00a4.00. Tomatoes, Y% bushel buskat, nearby 1.60a3.00. ' Beans, 2.6045.00 per bbl. Peas, 2.00a3.00 ‘per basket. Peppers, r crate, North Carolina, 1.50a3.50 ale, par bbl. 76a1%5. Spinach, per bbl, 4.00a5.00. Celery, per ocrate, New York. 8.00a9.00. Squash, 7681.00. North Carolina lima beans, 2.5045.00 per basket. e GRAIN AND PROVISIONS. BALTIMORE, Md. July 18 (Spe- cfal).—Potatoss. new, barrel, 1.50a 5.50. Asparagus. dozen, 1.50a4.00 Teans, bushel. 1.00a1.50. Lima beans. bushel, 3.00a3.50. Beats, hundred, 5 a7.00. €abbage, hundred, 6.00a12.00. Carrots, hundred. 4.00a6.00. dozen, 7%al.25. Corn, dozen, Cucumbers. basket. 902110, iants. crate, 2.00m2.50. hushel, G0a1.00. Onjons, bushel #1.50. 2.50a3.00. Pepp basket, 2.00. Rquash, basket, 25. Tomatoes, basket, 1.00a2.00; green 1.00n1.25. Apples, barrel, 16a35. Bla berries, quart, 10a16. Cantaloupes. crate, 7543.50.. Cherries. 1b.. 10als. Currante, quart, 15a18. Huckléberries. uart, 15a20. Peaches, crate. 1.00a .50, Pineapples, —crate. 3.00a4.50. Plums, basket, 50a1.00. Raspberries, pint, 8a10. Watermelons, each, 20a80. Settling Prices on Grain. Wheat — No. 2 red winter. spot, 1.10%: No. 2 red winter, garlicky, spot, 1.04; No. 3 red winter, gar- T garilcky, spot Salos—bag | 7 Lettuce. 94, 8 of nearby at &8, 90, per bushel. Cargoes red_winter, garlicky, 2 No, 3 at 1.01; No. 4 &t 1.00. Cgrn—<ob, new. 4.75 per bar contract, spot. 9215 per bushel; Nc corn, 94%: track corn, yellow, N or better, 104 and 1.04% per bushel. gnles—None. Omte—White, bushel. i Rye—Nearby, 80a80 per bushel; No. western expert, id%; No. 2 rye, spot, o y—Reéceipta, 10 tons; market for old hay is firmer at a vange of 20.00 to 2460 per ton. New y hay arriving mostly in heated condition 19 selling =trictiy on merit at slightly lower pricas than for old ha. Htraw—> 1 tangled T X 16.00; Na. 1 wheat, 12.50a13.00; No. No. 2, 30% wud .51 s 1 oat. nominal, 14.00a15.00. TODAY'S (HICAGO PRICES. CHICAGO. J 18— Wheat A sharp advance in price today ing the early dealings, u some cases more than bushel. The sudden rise.was largely dus 10 hurried active purchasing on the part of previous sellery who were made to 1ift values. Unusual pub- 1.0 | wpot. 1.0114; No. 4 red winter, | barrel: | i nertous over concerted efforta being Dollings” $ales S gpefi&ed i City—Riggs Stockholders Meet—Personal Notes. The executive committee of the. District Bankers' Assoclation, which has in charge all arrapgements for the entertainment of the American Investment Bankers' Assoclation, that meets in this city October 27 to inclusive, will'hold a speclal meeting tonight at 8:15 in the offices of Crane Parris & Co. for the purpose of dis- cussing tentative plans relative the conyention. This executive committee, wh consiats of the chairmen and vica chairmen of the ten varlous commit teer, including General Conventic Chairman Harry V. Hayres, has o ready outlined the activities of the local association and has gone over a tentative program for the affair which will be submitted and passed on at tonight's meeting. It is under &tood the functions of several groups have been completed. Following tonight's special meeting. the entire association will undoubtad- 1y be called together to ratify all that has been done and to pledge supy 10 the success of the conventior cal bankers are unanimous in pre ing much constructive action accru- fng from the meetings In October. particularly to the local investing public, as it is the consensus of opin- ion that drastic steps concerning th sale of fraudulent stocks and value less bonds will be taken. Suspend Dollings Sales. The local njce of R. J. Dollings & Co. hus suspended the male of securities in the District of Columbia awalting the outcome of receivership proceedinks to be held In Columbus. Ohio, on Friday. This, it was suld, is not compulsory, as the ecourt's order did not restrain’ further selling of the company’s {asues. The Washington office functioning for about three years, hut local officials disclaim any idea as vo the amount of holdings in this terri to These holdings, however, col (&lst mainly of 7 per cent first Jien in- { vestments, they suy. Riggs Stoekholders 1o Meet, Stockholders of the Riggs {Bank will meet late today for tha purpose of voung on the recom dation of directors to increase capital stock from $1,000,000 to 500.000 by the declaration of a stock dividend “of $§1.000,000, and the ance of. $500.000 In new stoc votes are expected to be coj ones. to has Al curring Bankers on Vacatlons. Harry G. Meem, vice president jtreasurer of the Washington Loan and Truet Compa: i spending mopthe’ vacation. with his family, Spring Lake. Clarence F. the National with Mre. City for Charles and ment, preide Bank of Norment. is several week He pres and for an extended Louise, Briti her points in the return early in T Tumbia, and west. He tember. Ord Preston, acting head of the Washington Gas Light Compan: leaves today for a vacation at Hot Springs, Va. Sep~ Market Flashes at Today’s Close Canadian ific's gross earnings for the ond week in Ju 49,000, an increase of $264. se. wer 06, Gulf States' Steel net earnings the first slx months, ended June 30 were estimated at over $8 a share. Greenfield Tape and Dye Company” reportd net profit, after depreciation, ¢ been Reading gen 4s. Rio G West ¢l 48 St L IM&S R&G 4s. StLIM&S4s'29. StL&SFpl4sA.. SFprin5s. i35 to $6. The sentimental effect of the pur- | jvhase of 1,000 bushecis of wheat by 100,000 persons would tend sta- | biliza the market and restore the | {fullen confidence of grain operators, | srain men declared, advocating that | foature of the plan as the most im- | »tant Another 100,000,000 bushels ! might be disposed of to manufac. turers of farm implements and au temobiles, whose business to a cer- {tain extent is affected by the pros- v of the farme aquence in over a week. The decline } Cuban-Am Sug was also checked in cotton. The mid- | Cuba Cane week reviews of the steel trade said 1Cuba Cane tHat there were no definite Slgns as{ Cuyamel Fruit; 3¢t of uny falling off in steel con- | 0O B on Ore < De Beers. ... tributi Del & Hudson forma by the | D Luck & West. Improve- | Detroit Bdison. . #s wgain out | Dome Mines. ... ine s, after | Douglas Corpn. esh orders | Dupont (E1)... Third Avenue. .. Tide Water Ofl.. TimKen Bearing ‘Tobaceco Prod. Tobacco Prod A. Tobacco P’ro pf. Trans Cont Oil. . Transue & Will. 31 [ nderwidmew). 30 nfon Pacifi . 1304 United Drug T8 [ United Ry Inv.. 93y 10% 100% 86% 494 S1% 109% 7 of $350,063 for the kix months ended June 30. against a losk of $44,672 in the same period In 1922, int Paper 1st s A Int Paper 1st bs 1. Kayser (J) 7 KCP&LUSSA 'S Kelly-Spring 8s. Liggett & Myrs & Lorillard (P) 8s. nati Sug sf 7i.8 Mariand Ol 7 s, . Marland 0 718 w. Altdvale Steel 5 licity given to the movement urging investors to “buy 1000 bushels of wheat” and housewives to “bu barrel of flour” received especial no- tice In this connection. Besides there was an evident falling off in the volume of rural offerings of whe Opening prices, which to 1% higher. with, + {to 975 ana mber 1.00 to L00%. | were followed by advances that took 04 September up to 977 | Bank Corn and oats advanéed ‘With wheat. bank clearings, $ to = A dividend of $3.50 a share on Remn- ington first preferred was declared today. - the in most the - way s n statement nd interesting con- 7 of trade in- st 39 130% ork bank clearings, $600 w_York bank balunces, $7i.- deral Reserve Boston 49y 43 27% ALrefds.. A Ladjbs. . Seab'd A L con 6 wing to high bor and materfals was that the la age in the huildin relieved to the sidered vafc to bor xtent that itw - COntraets MARKET CLOSES FIRM. The re hort- industry had been con- Usual Leaders Change But Little. Sales. 430,000 Shares. \ssociated Press. W YO uieting technical . July 18.:-Absence of ws from abroad conditions and in- sderate opseations by pools stock market. - The buying as confined largely to Tep- industrials and approximated The closing was firm, cialties w A fo W special- 13 30,000 spe- « pushed up sharply in the! filal hour, but there was little change in price in the main body of the list. Intery red. Leathe Brooklyn sessment points. d. s. advanced 1 to arine prefer- Central Realty and second as- WALL STREET BRIEFS. ‘Western Union Reports—Gold Ar- rives NEW _YOR Union Teleg July Few Bonds Due. 18,—The Western anh - Company. reports a. come for.the first siX months of rrent year of $6,802,603, lent of 3651 a share ol capital stock. Two cons today on ti o n the 99,- nments of gold arrived afeamship Olympic, one of $1.785,000. for J. P. Morgan & Co., and the other, $490,000, Loeb & Co. for Kuhn, Few bonds are due in August, the total maturing in that month being only 328 580, as_compared with $73,000,000 in July and $56,000,000 in August of last year. MORE COTTON NEEDED. Liverpool Expert Urges Largest Possible Crops in U. S. NEW Shute, former pry pool Cotton Exchange, YORK, July 18.—Col. J. J. today to be the guest of-the New T'.,rlg Cotton Exchange at the open- ing of its new building. Col. Shute said that a short cotton erop, insufficlent to meet the world’s needs, was threatening and that 11 the cotton that can be grown in this country will be needed during the next few years. PARIS MARKET UNEVEN. PARIS, July 18—Prices ‘moved fr<| regularly on the bourse today. er tent rentes, 58 francs 50 centimes. 78 francs 45 : Macl xchange on London, centiines. Five per france 80 centimes. cent loan, 7 The "dotlar was . Macy Co pf. quoted at 17 francs 7 centimes. —_— Three The latest census showed that no fower than 211,969 women Tnited States worked as borers y from-home, whi helped till home acres £ in the Brie.. i Erie 1st pf Erie 2d pf. | cisher Body Fisk Rubber. Fleishman.i. Gen Asphalt Geh Bukini Gen klectric 1Gen Elec spl Gimbel Bres {Goldwin Corp Goodrich. .. | Hupp Motors. { Hydraulic 8tl | Ind Oil & G | Indishoma { Inlund Stee {Inspiration.. {interb Rap T: Tt Cement hnt Nickel pf. llntl Paper... Granby Consol Gt Northern pt. i Great Nor Ore | Gulf M & Nor pf. Gulf St Steel.... Harbishaw Cab. Hayes Wheel. .. Hous®a'd Prod. . Hudson Motors. Int & Grt North Int Harvester Int Mer Marine. Int M Marine pf. Int Nickel. ... . Iron Products iInvincible Oil !Jewel Tea. | Jones Tea { Jones & L'gh pf. | Duquesne 1st pf Eastman Rodak Elec Stor Bat. .. cndicott-John. . Famous Playeérs Fd Mines&S pf. . Fidelity F Ins.. stier B of © D { Foundation Co. . { Freeport Texas. Gen Am Tk pf Gen Mutors:..us Gen Mot 6% deb.. Gen Mot 7% deb. Illinois Central. 9% 11 1094 5% 5 324 30 18 87 19% 'I:K 5% 28% 12% - 80 | KansasCity 8.. Kelly-Spr T/ ident of ‘the Liver- | Kennecott arrived here Kresge (SS). Lig & Myers. Loews Inc... Loft Inc Loose-W Louls & Nash Mackay Cos. ! Mack Truck: i Magma Copper Man EleV sckip. Manhat Shirt Kayser (Julius) Kelsey Wheel.. Keystone Tire.. LE&Wnectfs. . Lee T & Rubber. Lehigh Valley. . Lig & Myer (B). Lig & Myers pf. Lima Locomo. .. Lorillard (P) .v. y Cos pf .. Market St prior. Martin- .| Marland Oll.. “Pidrry. 364 3% 10 19 " 873 108 78 384 110% 984 163% By 43 4% 12 96% 28 72 175% 1% 1d% . 81 98 42% 16 26 19% 6574 29% 51% 72% % 34n 814 24 19% 1% 109% 5% 5 2% 80% 13 37 19% 78 13 87 19% k] 5% 2% 12% 80 6% 37T 10 19 b57% 108 17% 31 844 8% 88 A% 229 32 19 59% 200 200 114 61% 154 6% 40 163 88% 105 19 58% 109 18 81% F2i 4% 88 43 229% 32 19 593 200 200 14 61% 18% [ 40 153 88% ' 8% uz 304 5 434 [ b Utd Ry Inv pf. Utd Ketail Stra. U'S Cast [ Pipe.. U'S Food Prod. . U S Hoffman M., U S Indus Alco. . U S Realty 2 G S Realty pf... U S Rubber. U S Rub 1st pf US Smelt&Rer. . U S Steel pf. Utah Copper. ... Utah Securities. Vanadium Corp. Va-Car Chem. .. Vivadou. (A Wabash pf (B). Waldorf (new) . Wells-Fr Exp West Penn C: Western Md. 2d. West Pacific Weatern Union, Westhse EI&M. Wheellng&L E. Wheel & LE pt.. White Eag Ol. . White Motor. White Ofl. Wilson Co...... Willys-Overid. . Willys-Overl pf. Woolworth. ... Worthington... Youngstn Tube. Call Money 296 30 328 7 254 mn 3 15% 14% 32 ™ 1% 8% 28 18% 17% 35% 404 18% 174 " 10814 b6 614 18% 25 49% 1% 23 64 6315 236% 25 64% 0 64% High, 3 12m 2pm. 354 404 18% 17% 106 b5% 6% 13% 25 49% 1% 23 6% 633 235% 25 S4% Low. b g;figg x;n-.ns: bid, 5; offered at 53 last loan, CANTON IS SEIZED BY CHINESE REBELS Yunnanese Troops Desert Sun | Forces and Take City—Gen. Chen I Advances in South. By the Associated Pre 286% 25 64% Last. 5 HOURLY SALES OF STOCKS. .s. 177600 SHANGHAL July 18.—Canton is in the Hands of 5,000 Yunnanese troops, who split with Gen. Hsu Tsung Chi ehief military henchman of Sun Yat Sen. Following friction bétween the constitutionalist leader and his Yun- rnianese levies, the latter walked out of the battle line on the North river, re- turned to Canton and selsed all points of T trategic yalue here. . )m the East river fronf also comes dubjous newy for the supporters he troops of Gen. Chen Chlung-Ming, the man who drove summer, have forced tho constitutionalists to retreat. In hisadvance Chen recccupled Pakio. Fighting’ still_is continuing on the ‘West river, with no report of the is- of Sun Yat Sen. Bun from sue. tion has ceased: anton las All communication In —_— ‘he second_women's gefivities. ex- hi ition will ‘be city the week of September 24, - that ‘direc- held in New York - plan pro- s healthful creasing daily bread ice for person would augment the psycho- al effect on the market caused by the increased demand for bread, proponents of the plan explained. — e TODAY’S SUGAR PRICES. Developments advantages of rations by in the United in Spot Market Awaited by Traders. NEW YORK, July 18.—Trading was quiet in the raw sugar market early today. There were sales of 5000 ! bags of Porto Rican July shipment at and 1 0 bags of Cuban to a refiner for shipments last of July and ¢ August at 5%, c. and f., equal to for centrifugal. Raw sugar futures, after opening quiet and 13 points lower, with Sep- tember at 5.07, improved on covering due to the fact that they were beldw a parity with spot sugar. Rallies car- ried September up to 5.10, or 2 points net higher. Trade generally was light, awaiting development in the spot market. In the refined market some brokers had a fair business to plaee at 8.75 for fine granulated direct with re- finers, as second-hand offers were about eliminated. The range on fine sranulated was $.75 to 9.00. CALL MONEY RATES. NEW YORK, July 18.—Call money, firm: high, 5: low, 5; ruling rate, 5; Call Joans against acceptance, 4% Time loans firm; mixed. collateral, {sixty to ninety days, 5ab%: four to six months, 5a5%; prime commercial-pa- per, 5. —_— FOREIGN EXCHANGE. July 18, 1923, (Quotations furnished by W. B. Hibbs & Co.) Nominal * Sell. cheeks, gold value. - today. - 4.86065 4.?,9,% ‘odie anr 100005 London, pound . Montreal, dollar Paris, frane usseld. fraoe Tira . frich, tranc . | Athens, drachma Madrid, peseta | Vienna.' crown Budapeat, crown Prague, érown . mark openhagen, erown | Copenhagen, crown ... Chrlstiania. crown Stockholm, crown By the Assoclated Pross, NEW YORK, July 18 —Foreign ex- change irregular; quotations (In Unit- ed 'States money): Great Britain, de- mand, 4.59; cables, 4.95 3-1€; _sixty- day Dills on ‘banks. 4.56%. ' France, demand, .06881¢; cables, .0587, Italy, demand. .0431; cables, .0431%. Bel- glum, demand, .048315; cables, .0484. Germany, demand, .000003%: cables, 000004, Holland, demand, .391 '3921. 'Norway, demand, den, demand, .2648. Denmark, de- mand, .1745. Bwitzerland. demand, .1744." Spain, demand. .1426. Greece, demand, .0357. Poland, = demand. .600008." 'Czechoslovakia.. demand, .0299. Austria, d 000014 % Ar lenum.u.a:m.inl..% gnq , de- 'mand, 1060, Montreal, .97%, - one ! Morris&C Nat Tube 1st New Iing Tel ¥ Y Ldsn 18t 61:s. | { Montana Pow | | N Y Tel 65 '41. N Y Tel 4148 N Am Edison és N States Pow 5s Northwst B Tel 7s. Pacific Gas & El §s. {PacT & T 6352, Phila Coref 65 A Plerce-Arrow 5s Public Service 5 | Punta Alegre 7s. Shar.n St H 8s Sinclatr Ofl 78 Sincinir Ol 6% w i in Crude Of1 548, So Por Rico Bug 7 St Oil of Colif 7s. Stecl & Tube Tenn Elec Pow 81 Tide Wat Oil 834s. . Toledo Edn 1st 7s. Unit Drug cv 8s. U S Realty 5s. U S Rub 1strfbs. U S Rubber 7%s. U S Steels £ bs.. Utah Pow & Lt 5s.. Car Chem Ts- Va-Car( Thsw. Warner Sugar 7s West Union 6%s. .. Wickwire Spen 7s. 1 ¥7ilson & Co 1st 6s. Wilson&C ov Thss. Wilson & Co cv 6s. of today's highest, n here : Ahmeek Alloues Hoston & Calumet & Arla . ‘alumet & Hecla er Jange . ern 8 8 Inter_Port Cement Isle Rosale Massachusetts Mayfower 0 C Méxican Investm - | Mohawk New Cornelia North: Rutte . 01d Calopy . Osceal 8t Marsland . ach Trialty > U 8 Hmeit ptd " Utah Apex . YVentura Of 1. Waidoet .. Walworth Wolverine, e BOSTON STOCK MARKET. BOSTON, July 18.—Following is a list rices for the most active stocks 109% 9815 Y 974 | €% | 99% 104 103 i 106% 111% 100% 863 106 101% 87 79 63% 103 199 93 6 95% 84% 108 108% 9215 96 9544 841 11 96% 13 95% 5 844 lowest und - closing dealt I Hign. Low. “Close, 61 From the Kansas Cify Timen. Nothing is more touching than filial 1ove aptly ‘expréssed. Diting “he: woman, ‘An ‘Emporia “husband in" the course of ‘& Tamily row, was aflmon- ished by ‘hef sinall daugbter, to’ By’ careful of your te , mommy." 2% 92 6 954 679 1014 1014 6 76 B5% b5l 46% 46 Sou Pacific ev 4s. .. ou Pacific ref 4 Southern Ry 6% Sou Ry Moblle ds.. Third Ave ref ¢s Third Ave adj 58 After opening % to . higher. Sep- tember 6% to 16%.. the corn mark continued to strengthen. Oats started % to !g up. September. 3415 to 34%. Later a material gain took place. Lower quotat provision market WHEAT Open. High. i 3 1.00 Low. oy Union Pac st 4s Union Pac 18t rf Union Pac ev 4 Union Pac cv 6s. .. Virginia Ry 1st 53, Wabash 1st 5s. 5 95K 94% Western Md 4s 2 61 61 TOTAL SALES (Par Value): 1lam.. 2334000 12mnoon 3894000 lp.m.. 4862000 2pm.. 5679000 —_— SHORT-TERM SECURITIES. (Quotations furnished by Kedmond & Go.) lose —, . Offer. 1005, 92% 92 B34 83K 25 95% Ob% 4 103% 103 2 M4 % 61, ¢ Aluminum Aluminum Co. American Cotton Ofl 6s 1924 American Sugar Ge 103 Amor. Tel, & Tel. 8a 1024 American Tel. & Tel, s 1 Anacouda, Copper €4 929, Anrlo—AflQr. 0l T4 N ell Tel. of Ci Ts 1 or, Bigs, 1924... ntine Rwy. 0s 1027 1928 adian Goougear T. & R. 8s 193 Great Noftiern 7o 1938. Hocking Vailey 85 1924 Humble Ol Bi4s 1982, Kansas City Term. 68 1928 Kennegott U t. P . R TR o A Standard M. 75 1923, TREASURY CE] ICATES. (Quotations furnished (44 9 Redmond & Co.) B4 Ofter. 90 3122 100 1-87 100 100 118 90 15-18 100 1003-32 100 3-16. 101742 101516 . 101 118 101 1100118 300832 C e g . 9oTo.s9 992333 | 100 5-32 100 7-32 08 31-32 09 100 11-32 100 7-18 0% 100 3%s September .15, 414 September 15, is'" December 15 41is Mareh 15, 3%s Juue 15. 19 LUFKIN, TEX, July 18—~H. Q. Bohlssen, president of the Southern Hardwood Lumber Association, was killed instantly yestérday when .8 piece of timber crushed his head. He was_president and general manager. of the Bohlssen Manufacturing Com- pany, Ewing, Texas. BEAN BEETLE ACTIVE. ATLANTA, July 18.—Qeorgia trueck llrmerl-ll“s being menaced u)s'l)' by the bean beetle, a -Mexican bug pest. The state ~department of ng‘newn _h: warned farmers, to treat - their crol with cal¢ium arsenate, The béetle hus mu,flr ‘ooth s .Virginia £ ke 102 0™ 300 September December . LARD-— September October RIRS — September October .- - DAIRY PRODUCTS. BALTIMORE{ Ma.. July 18 (Special). —Live poultry, spring chickens pound Leghorns, ;_ old hens, Leghorns, 22 old_rooster duocks, 14a20; spring ducks. 22028 pigeons, palir, 25a30. Eggs (1085 off)—Native and nearby firsts, dozen, 26: southern, 23a24. Buiter—Creamery. good to fancy pound, 37ad1: prints, —4la43; creamery, 35a38; ladles, 34a35 30a32; Store packed, 29a3f prints, 30a32. CHICAGO LIVE STOCK MARKET. CHICAGO, July 18 (U. 8. Depart- ment of Agriculture). — Hogs — R celuts, 51,0600 head: uneven, mostl 16 to 25 lowe bulk, 180 to 240 ound averages, $0: top,. 7.9 gu!k good’ and ‘choice, 200 to 32 pound hutchers, 7.45a1.80; packing sows, mostly, 6.006.35; bualk. desir- able pigs, '8.50: hogs, 6.55a7.8i heavywelght medfum, 7.00a7.8 Jight, 6:90a7.90; light, light, 6.60a packing Sows, smooth, = 6.00a$. packing sows, rough, 5.76a6.00; kill- ing pigs, §.3587.15, Ealtle—Receipts, 16000 head; very little done on beef steers, vearlings and butcher she stock: choice weight steers scarce. largely steady to weak; early top, 11.40; plainer grades, weak oTI% lower: Dlain yeArlngs off most; bulk beef steers and yearlings of quality and cendition to sell at 8.50 a10.76; medium vearlings and light steers proportionately : other classes generally steady. falrly active; bulk desirable bologra bulls, 5.5045.65; bulk vealers to packera 10.00a10.50; upward to 11.80 to out- siders; bulk stockers and .feeders, 5.2686.50. & ‘Sheep—Receipts, 13,000 head: slow, very few early salesi bidding on fat Jambs unevenly 26 cents ta. bic lower; no_westerns sold; few head choloe natives early 1.400: sheep gen- erally stexdy; ° handyweight ewes mon(y 6.20; few heavies, 3.75. » BUTTER I8 UNCHANGED CHICAGO, “July * 18—Butter—Re- ceipts, 12,494_tubs; unchanged. Egss —Receipts, 17.413 cases; lower; firsts, 22a32%; ordinary firsts, .2013a21; storage-pack, extras, 2 storage- pack, firsts, 23%. . . BAR SILVER QUOTATIONS. ] Caje. Ros, &fitee: Q- LONDON, July 18.—Bar ¥IVEx 30% per ounte; money. 2% per cf count rates, short bills. 3 pent; thrée months’ bills, 3 NEW YORK, July 18: 63; Mexican dollars, ¢8. ] Waldort system lons on hegs eased the | - i Tmperial Tabhaco. six nét profits, jation, tax preferred dividends $1 &h.re, against §566,110 in firs 2, 'or $1.13 a share on prese anding 441610 no par common shares. The Equitable Trust Company wi distribute dividend of $2,151 on Au gust 10, to stock of record of New York share: y reserve. tJune {denr {after equa Insignificance of Wall street brok- ers' borrowings fs emphagized fur- ther When it fs considered that total lloanx of all banks in country todavs | are approximately thirty-two bill dollars; in other words, hrokers' he rowings are about 4.70 per cent llh(ll bank loans of United Canvass of large stock excl | houses «hows that loans b en et from 15 to 40 per cent. The aver- lage reduction throughout the street has been about 25 per cent from the high point. Brokers' loans are co strued as normal for such accom > dations, especially when It ix con- #idered that in past year or more ad dltion of new securities to trading on the stock exchange has beeu! enormous. declared dividends of Remington An-y $3.50 on first preferred. payable gust & to stock of record J With fhis payment Reming cleaned up the lagt back dividend due on the first preferred stock and i has resumed payment of current div- jdende on ‘that stock. Sincé Noveni- ber 14, 19 when resumption began v first preferred, Remington has Paid with currént declaration $15.75 a share or a total of $820.480 on the firat preferred. The last dividend paif, on the second preferred was $2 on Aprfl 1, 1921, This leaves §18 a share due on’ the secon ¥ m has Iron Age says sharp reduction in pig iron output is promised fn next thirty days, with relatively smaller decline In steel production. Reduction of 30 per cent in crude oil runs of Texas Pipe Line Company in Oklahoma and north Texas {8 cessitated by production of more oil than is heing consumed, according to_president of the Texas Company.. who decried the present overproduc- tion of crude oil as an economic waste. DIVIDENDS. Pay- ‘Stock of abié, Recom. 2 Juiy1f . S 2 July 10- Sept. 1 Juls 81 Aug. 15 Aug. 4 Aug. 1 Juiy 2t 2 3% Aug. 1 July2t 3229155149 2us o 0 SR D W 1 Rhoe e ‘:\ku.. 1 July 24 A 10 ¢ Aug, 15 = The Sept. 1 Aug. 1 £L75 Aug. 13 July Aug. L July 20 et ¢4 gegtintics-ghow that the percentuge f7nonien - in business in the United u::- has increased from 14.7 In 1880 Company. Amoskeag Mfg. . Amork. if; Brasilian T Collender 1st pf. 8t sink. fund w0 | T, Pow. * Rec. Tihm w. "Se, . Maitin -Pary .. € Tobwe. Frodi A" ‘