Evening Star Newspaper, August 23, 1923, Page 28

* FIN WEAKNESS N LS * SLOWS UP TRADIG Erie Issues Outstanding Fea- ture—Can Shares Active. Gossin. BY STUART P, 8pecial Dispatch to The Star EW YORK. August 23.--Further wealkness in the oil stocks had a sub- duing influence on the market tod ‘There was no news from the oll trade itself to auccount for the selling. It simply reflected the for hope that the oil situation will mend in the near future. How long the oil companies can continue oper- ating loss, without compelling them to do new financing. or without affecting their divinend poliey question. The street is figuring that outside of the Standard Oil group the dividends are pretty precarious. On the other hand, it is admitted that the low prices at which these oil s are now selling, while they may not h entirely discounted unfavorable dend ion, have gone a long ways toward doing so Erie Isxues Are Feature. Unusual activity at new high pri for the Erie issues was ing incident of the da dently an indepenlent fact that other anthracite s not drawn alonz made the reason did not lie in the 1¥ better outlook for a settl the coal strike Some time ago a powerful bankin interest. hitherto not prominently identified with Erie. was reported to taking i hand in its aff An cumulation has been go for some time in Erie bonds, in the beiief that the road has permanently turned the corner and that these bonds are business man's investimen The buying of Erie stocks has ap Leen merely a speculation the 1nor lid buyin It is pointed out that at rle is earning the cont to which the fir: re entitied, at from w is a ment of on the prese full 4 pe secon Leaders. the me harket for States vser shares attra he strect regards the rise in f States as a speculative move- ced upo: relatively small wor stock was vider ot dqt sur) street it the annua nd it is the f well inform: Pople that th i1 be npany is i ement, a po and from 4 turf, from holds thousand ¢ year. hleghly favo vield as 1 dividend turn is around 81: per come 15 said to be betw e. A new pl in New Jersey i be of « An neeme: % operation: payer. t. $10 and is being and it is entire, imp. Conti oked for financed ont tant ann nental ( Boon With the publication of the text of the French reply note, financial community came to s: rly that Great Britain and Fran were still as much apart in their at- an reparations v time. orable although most important couside tock exchange. Her ctor was the renewal in the oil shares. on Wall street does not over this freight movement because there is no incentiv the buving side so long as gro £Es increases are by hsorbed b ncreased charges for maintenance. for the stocks. th ame ide of indifference toward list was shown in the mar- Al th mo it was Break in P slent break preferred Players commo of an oth- fternoon avs been a That _its should be selling o low while paying such high dividends is, of course, a_suspicious circumstance. It necessarily suggests that, despite the laree a4 earning com- pany. these dividends sre not secu The general list in the was dull, with conflicting tende TODAY’S COTTON PRICES. NEW YORK. August 23— futures opened steady: Decen =elling movement in th at the opening today promoted b impro in southw rop_condi . rather disappointing European politicaj new wer Liverpool cables. The open- ing was steady at a decline of 4 to 15 points, with October selling off to and December to 23.78. but the ngs appeared to be readily taken. W ORLEA August 2 Cot- futures opened o October, : De s 2816; March, Further Tains In the western belt and poor cables caused a decline of 10 to 15 points in the price of cotton around the opening today, but heavy buying arose on claims of too much rain in the eastern belt and on a private crop roport which made the condition only 56 per cent of normal and the indicated yield, 10.490.000 bales. strong rally ensued and at the of the first hour of the day vere 7 to 18 points higher th. vesterday. . ‘October reacted to 23.51. t 23.—Cotton fi October, ton end rices n the 66223.72 0: spot quiet ; middling, ORLEANS, August 23. ton futures closed steady at net up- of 1 to 10 points. October, December, 39a23.4 23.35; March, 23.38a23.4 CROP CONDITIONS GOOD. Crop conditions in Maryland, Vir- #inia and West Virginia, as gleaned from a report for the week ended Au- gust 11, are on the whofe from fair to_good. Corn in Maryland has improved con- derably, due to recent rains, apples range from poor to fair and potatoes are from fair to good. Garden truck in Maryland is reported a little short, but pastures and live stock are in 2ood_condition. Rains of the last few weeks, it is said. have done much to relieve a con- dition that was becoming serious. The chief crops in_ this locality already are reflecting benefits derived. S. S. KRESGE DIVIDENDS. NEW YORK. August 23.—The S. Kresge Company has declared th regular quarterly dividends of 1% per cent on the preferred stock and 2 per cent o the common stock. both pay- sble_October 1 to stockholders of gecétd September 17, lack of any basis| of | and | influence | A i After trading oft | ANCIAL. Open. Higr. Adv Rumle 3 Alr Reductio Ajax Rubber Allied Chem. . Allis Chalmers Am Beet Sugar. Am Brake Shoe. Am Can.. Am Can pf. Am Chicle Co. Am Cotton Oil. Am Cot Ol pt. { Am Druggist. Am H & Leath AmH & Lea pt.. Am Ice... Am Internatl. Am Locomotl Am Safe Razor. Arh Smelting Am Steel Fd. Am Sugar. Am Sugar pf... Am Sumatra. . Am Tel & Tele; Am Tobacco. . Am Tohac () Am Tob pf (n).. Am Water Wks. AmW W 6% pf. Am W W 7% pf. Am Woolen. .. Ani Woolen pf. Am Writ Pr pt Anaconda Art Met Constn. Asso D Goods. .. Asso D G 1st pf. Associated Oi! Atchison. . Atchison pf. | Atlan Cst Lin, Atlantic Gulf. Austin Nichols. . Auto Knitter... Baldwin Loco. Balto & Ohlo. sarnesdall (A). k Bros. . yn Rap T fp.. Burns Bros (I. Butte & Super. Butterick. | catit petrot Calif Petro! pf Callahan Zine. | Canaalan Pac. .. Central Leath. . Cent Leath pf Cent Rib Mil Cerro de IPasco. Chandler Mot. Chesap & Ohio {Chi & Alton pf.. | Chi Gre West. .. Chi Great W pt. Chi Mil & St P Chi Mil £S5t P pt Chi & Northwn. {Chi R I & Pac. Chile Copper Coca-Cola Colo Fuel Columbia Ga Columbia G Gas of NY. Cons Textile Cont Can. Continental Mot | Corn Products Cosden & Co { Crucible Steel . Crucible Sti 3 Cuban-Am s Cuba Cane Sug. Cuban Dom’can. Cuyamel Fruit.. Del & Hudson. .. Detroit Edison. . Douglas Corpn. Dupont (E1)... 124 Dupont deb. 83% astman Kodak 10274 Elec Stor Bat... 591, Erie 13% Erie1st pf. 2215 te 2d pf. Famous Players amous Play pf. ¥d Mines&S pf.. Fisk Rubber.... Foundation Co.. Freeport Texas. | Gen Asphalt. Gen A {Gen Baking.. Gen Electr ¢ 13% { - | Gen Elec s, | Gen Motors. Gimbel Bres. . Goldwin Corp. i Goodrich. © Northern pf.. Great Nor Ore Guantana Sug. | Guit St Steet Hayes Wheel. | Hendee Mfg. | Househ'd Pro | Hudson Motors. ] Hupp Motors. Hydraulic Stl... Illinots Central. Ind Oil & Gas. Interb Rap T: Int Cement In CombustE... Int Harvester. 1at Nickel. 1 Intl Paper. - | Int Shoe. | Int Tel & Teles. { Intertype Corp.. | Invinciole C | Towa Central. | 1sland Ol ! Iron Prod: {Iron Prod ctfs | Jewel Tea pt | Kansas Clty S. . Kayser (Julius) Kayser (J) pf... Keily-Spr Tire.. Kennecott. Keystone Tire Lehigh Valley. Lima Locomo. Loews Inc. Loose-Wiles Lorillard (P). Louis & Nash. Mack Trucks Macy Co.... Mallinson & Co. Manhattan Elev Man Elinv guar Manhat Shirt. Murland Oil. Mathison Alkili. Maxwell (A) Maxwell (B) May Dp Stores. . Mex Seaboarc. . Mex Seabd ctfs. Middle St Ok Midvale Steel. .. Minn & StL (n). Mo Kan & Tex.. Mo K & Tex pf.. Mo Pacific. . Mo Pacific pf.... Montg'y Ward. . Moon Moto! Mother Lode Mullins Rodv. Nat Biscuit. Natl Dept Stores Natl Enamel. ... Natl Lead. Natl Ry of M 2d. N Or Tex & Mex. N Y Ailr Brake. . NY Air Brk (A). N Y Central.. NYNH&Hartfd. NY O & Westrn. North Amet North Pacific. .. Ohio Bdy & Blw. OrpLeum Circull Otis Steel. 2 Owens Bottle... Pac Gas & Elec. PacificOfl...... Packard Motor. Packard Mot pf. Pan-Am Pete. .. Pan-Am P (B).. Pennaylvania. .. Penn Seabd Stl. Pere Marquetts. 101% Low. 9% 63% 6% 654 42% 28 7 7% 107% 12 8% 42 96 181 73% 5% 584 8513 59 1024 195x 1234 146% 1441, 1024 27 59% 3 - €04 £54 819 11 15% 82% 85% 10415 Close. 9% | 63% | 6% 65% 43 28 74 99% 108 12 6% 20 4% 814 42 96 19 3% 5% 581 35% 59% 102 207 123% 146% 144% 10212 87 659% 20% 85% 1014 i = i " T4% 6616 | 3218 | | Pierco-Ar prior. | Plerce Oil. . { Union Pacific. .. jpoints THE EVENING STAR, WASHINGTON, D. C., NEW YORK STOCK EXCHANGE Received by Private Wire Digect to The Star Office Low. Close. w45 56 56 22% 28K 10% 10% 24% 26% 661 664 2% a1t 55% 8514 23% 45 117% 16% 12t 33% 11t 74% 53 6214 32 124 47 924 18% 67 44n 186 274 58 2414 V4% Open. High. 45 46% 65 65 23% 23% 104% 10% 26% 26% 66% 664 2% 2% 41% 41 b65% 66 89% 89% 26 26% 45 46 17% 117% 1% 1% 12% 12% 33% 34% 1% 11% Td5n 5% 53 62 5213 52 2 32 13 47% 92y 19% 671 Philadelphia Co Philli; Plerce-Ar pf. Pitts & W Va... Pressed Stl Car. Pressed St C pf. Produc & Ref Pub Service Pullman Co PureOll.... Rap!d Tran Sec. Rap Tran Sec pf Ray Con Copper Reading. .. Reading 1st pf. Reading 2d pf. . Remington. Replogle Steel. Rep Ir & Steel. . Rep Ir & Stl pf. Reynolds Spr. Rey Tohac (B). Poyal Dutch. ... St Joseph Lead. St L Southwn St L South pf. Savage Arms... Schulte Stores. . Seaboard Alr L. 89% 267 46 117 16% 12% 84% 11% 5% 63 521 32 12% 4% 924 193, 67 Seneca Copper. Shell Unlon Simmons. ... Stmms Petrol Sinclair O11. Sinclalr pt. Skelly Ofl Sloss-Sheflield. . South Pacific. Southern Rwy Southern Ry p. Spicer Mfg Co. . Spicer Mfg pf. . St Oil of Calif Stand Ofl of N J. StOilof N J pf, Sterling Prod. .. Stewart-Warne) rombg Carb. . udebaker. Submarine Bt. Superior Ol Tenn Copper. .. Texas Company Tex Gulf Sulph. Texas & Pacific. Tex & PC&OIL. 8% Third Avenue... 10' Timken Bearing 39% Tobacco Prod... 54l Tobacco Prod A. 82 129% 73 10 Thee 9 41% 58k 15% nion Pac pf. United R Utd Retail Strs. U S Food Prod. . U S Hoffman M | U S Indus Alco. U'S Realty US Realty p US Rubber. U S Rubistpf.. US Smelt&Ref. + 391 9 10 947, 4% Western Md. . Western Md, West Pacific. West Pac pf.... Western Union. West Air Brke. . Westhse K1&3. Westhse 1st pf. Wheeling&L White Eag White Motor. White Uil Wickwire : Willys-Overld. Willys-Overl pt. Woolworth. .. Wright Aero. .. Youngstn Tube. Call Money HOURLY SALES OF STOCKS. 11 a.m. 193400 12m.. 2 1pm.....354100 Zp.m. WOOL PRICES LOWER. Concessions Made Today to Brace e BOSTON, sold in ti slight cone position of d the continuation of slow buying the pressure of manufacturers lower prices. Sales of choice from Australic were quotations de sibili August wool market today The strai rs v made on the intensified by ssions and foi merinos made at low the virtual impos- of replacement for the re- mainder of this vear and the tainty of high p bought for importatio: There was said to be shortage in the clip of su Receipts for the last twenty-four hours were six bales of forcign and 1,496 bags of domestic. RAW SUGAR FIRMER. iREPLOGLE’S HEALTH POOR| More Activity Also Reported To- day in Futures. NEW YORK, August 23.-—The raw | sugar market was firmer and more active early today. Sales of 18,000 bags of Cuban werc repbrted at 4 1-32. equal to 5.81 for centrifugal, &nd 8,000 bags sold at 4 1-16, equal to 5.84. There was not much activity in the local raw sugar futures market and price changes were irregular. There were early advances of 1 to 3 on covering and scattered commission-house buying. but prices reacted under liquidation and at mid- day were 1 to 2 points net lower. FLOUR SLIGHTLY HIGHER. MINNEAPOLIS, Minn., August 23.— . unchanged to 10 cents higher: family patents, 6.10a6.25 a barrel shipments, 52,204 barrels. Bran, 26.00. Wheat No. 1 northern. 1.13%al.17% September, 11.355; December, 1.15% ; May, 1.18%. Corn, No. 3 yellow, 83a 84.” Oats, No. hite, 36%a37%. FI No. 1, 2.33%a2.34%. —_— FOREIGN EXCHANGE. August 23, 1023, {Quotations furnished by W. B. Hibbs & Co.) 2 Selling checks today. i London, pound Montreal. dollas Farls, franc Brussels, fran Berlin, mark . Rome, lira . Zurich, franc . Athens, drachma Madrid, peset Vienna, crown Budapest. crowr Waraw, wark . ‘openhagen, crow: Chrintiania. crown . Stockholm,” crown By the Associated Press. —Dealers who | | tran: fible istroni ki i 51 There i TRADING IN BONDS VERY QUIET TODAY Erie Issues Feature Among é’;. Rails—U. S. Government Loans Irregular. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, August in the bond market was on scale today. Business “over the counter” was practically at a stand- still. Nor was it possible to any influence upon the market. either of the foreign or of the anthracite coal sitvation. Further developments in each ¢ afe essential before the market s| definite reaction. French Bonds Lower. French bonds opened slightly lower, French cities issues, loss was not grcat. Specu- lative sentiment as to the investment status of French bonds is peculiarly unstable. Also In the case of the Bordeaux, Lyons and Marscilles this cbb and flow of sentiment full sway. as there is sinkin support n the : of the §s and the French All three sold ®ive a maturity 95 per cent offered in and the the me: the fund around 76 to to return of more than They were originall 1918, at o this price quotation fairly well the increasing doubt about ench finar ondi el - bonds were mostly un; was little feature » list. sues Agaln Advance. the ulative rails again ¥ was the large tions at advancing prices of the Frie issues. The buying was evi- dently from u special Intercst, the Tepresentatives of which are confident of further improvement in 3 position The general clally active, selling larly the pr while all th 45 1 Among feature Simi- hed 59, onvert A. B and I's, were ver, t Taul bonds were he . with the lonz term refunding atively the weakest, while th 45 of 1925 were compa fected. Baltimore and tible 41is advanced frac- tively Ohi un conve !tionally. but still appeared low Government Loans Uneven. United te government loans were irregular, with especial strength in the third 4%s and in the Tressury $4s Seeretary Mellon was quoted as sayving that no decision A heen reached ax to a long-term b wax very little change il 1 industr nhattan ncomes w strong feature of the tractio in the Hud- re the | HARDWARE DELIVERIES ! chang jtral of New Jersey REPORTED IMPROVED W YORK, August 22 Conditions are of the maior kets th Cw Dric wer the that will steady but whe hout | the of any auring helief is nrice everal quiet in hardw o hening ions no oc unus fluct pnth. Jobbers report colle wer than in July manufacturers to jobbers are renorted to he hetter thar have been for some time. and no sericus ehortages of fall merchandise is expected. Hurdware men are watching interest the workh of the eight- hor in the try anticipate s before but ether: that no will be made for some ur tions somewhat Deliveries from long drastic time at PIGGLY STOCK AT $1. Mysterious “Sale” Reported Wall Street Aaction. W YORK. Aug controversy Saunders, forme the move in t Clarence dent of Ine. terday Wigg cold at stock betwean presi- Stores, et was made ves- A a sha <ol stock At 81 Stock E imed were s1 at on it then a corner existed The transaction 3 at the secur uction s ed by Adrian H. Muller and neither the or the buyer w ed atalogued for the ac count of “Whom it may concern.”” Inas much as the stock is being quoted n the open market at $28 bid. offered the conclusion was forced that sale vesterday did not_involve any change of ownership, but was engineered for the purpose of estab- lishing a record of some sort was made & nam ons in of the for Quitting as Head of Vanadium Corporation. NEW YORK. August ard Replogle resigned erday as president and chairman of the execu- tive committce of the Vanadium Cor- poraion of America, and his resigna- tion was accepted by the hoard of directors of the corporation. Col. Mer- rill G. Baker. vice president, will take over the duties of Mr. Replogie pend- ing the election of the latter's suc- cessor. Mr. Replogle declined to discuss his action, but it was learned unofficially that the chicf reason for his retire- ment from the company was ill health. Mr. Replogle will retain his large stock holdings and will con- tinue as a director of the company, it was said after the meeting. STOCK JUMPS 26 POINTS. NEW YORK, August 23.—It was something of a shock yesterday morn- ing to see two or three sales of Cen- railroad shares carry the price up twenty-six points above the last preceding sale which occurred at the end of July. However, considering Jersey Central's past per- formances, the advance was what might have been expected after three weeks of inactivity during which time the rest of the market had experi- enced a sizeable advance. BROKERS SUSPENDED. TORONTO. August 23.—The sus- pension of the firm of C. K. Dodds & Co.. from membership in the To- ronto stock exchange, was announced today on the floor. BAR EXLVEB QUOTATIONS. LONDON, August 23.—Bar silver. 30 13-16 pence per ounce. Money, 2% per cent. Discount rates, short bills, 3a31-16 per cent; three-month bills, Reason NEW YORK, August 23.—Foreign |3%a33-16. exchanges steady. Quotations United States dollars): ain, demand, 4.55%; sixty-day bills on France. demand, Italy, demand, . 3 .0430. Belglum, demand, .0448; ‘cables, .0448%. Germany, demand, .00000022; cables, .00000024. Holland, demand, .3934; cables, :3937. .1630; Sweden, (in 4.56%; 4.52%. 0559 % demand, .2659; Den- mark, dema 1860; Switzerland, de- mand, .180° Spain, demand, .1334; Greece, demand, .0175%: Poland, de- mand, .0000041: Czechoslovakia, de- mand, .0293; Jugoslavia, demand, .000105; Austria, dem. 000014 %% Rumania, demand, .0046; Argentina, demaxd. "3250; Brazil, demand,1012; Montreal, .97 2a-83 Norway. demand, | Ati & Pac Tea NEW YORK, August 23.—Bar sil- Great Brit-|ver, 62%; Mexican dollars, 47%. —_— DIVIDENDS. Pas- able. Sept. 15 Sept. Sept. Stock of oy 3 am Bor Ragor Sept. 10 Atl & Pac Te: Rate. 25 Hamilton Shoe 1IL. Beil Tel D! Hept. 1 Kept. 6 Lease Dev... §td Gas& Elec ol Waldorf System. Waldorf 8ys 1 i ‘Waldorf Sys 2 pt LTPTY= 1) R Y [ has | a issue. | with | some | at! Thie | that | | I (Fractis Exampl Lib 3%s. . Lib 2d 4 Tib 3d 42 iBelgium 7 | Belgium 6 Belgium 8 Bern 8s. Bolivia 8 Bordeaux Brazil 7s ! Brazil § | Brazi Cuba 5is Denmark T snmark French | Fi | French G | Halti 6s ot ons THURSDAY, AUGUST 23, 1923. = nev voux [HINDS Reccived by Private *Vire Direct to The Star Office. (Sales are in $1,000.) e: . 141 100-4 64 9¥-14 . 109 98-156 545 98-31 205 98-15 Lib st 43 Lib4th dY%s US4%s1952. 253 99-23 Argentine 7s {Austria 7s ctf %8 | Canada bs 1926 ... |Canada 61,5 1929 !Canada 65 1952 ! Chile 85 1946, 1Chile 85 1926 | Chile 851942 | Clinese Gov Ry {Copennhagen 5 wi Ss 6s. 3. 101-1 UNITED STATES BIO:JDS. thirty- T Weans 1011-32) FOREIG! Sales. 4 BE T IOy | Czechoslovakia 8s. 2 Dutch E15%s. Dutch East 1 6s'47. 15 17 1 i Holiand-Amer 6s. . Japanese 1s* 47¢s. . Mexico bs Mexico 4 i Prague 73, | Soissons 6 Sweden 6 {Zurich ss. {Am AgrCl AmC {Norway6s.. .. .. {Orient Dev deb 6s. i Paris-Ly's-Med 65 Swies Confed 8 Ud Kingm 6138 {Ud Kingm 5537, 52 Uruguay §s. .. s Japanese 2d 41; Montevideo 7s. . 12 17 39 {Queensland 7s. . | Rio de Jan 85 1946. Rio de Jan 8s 1947, { Rio Gr Do Sul 8s. . Sao Paulo.State.8s. ine, Dept of, rbs Crotes Slo 8s 39 .. 22 16 1% 22 - 10 14 % igh. Low. 98-11 98-10 98-27 9B-12 99-19 N. High 02 88% Low. 102 8814 98% 95% 99% 109% 88V 96 86 967y 93% 41 82 93 921 81 5%, 76% 76 524 33 8615 100% o 95% 91y 7% 76 1067 100% 9315 9143 96 99 8327y 69 7915 1047 11415 i 102y 102 110 MISCELLANEOUS. hen: ain s f 6s Am SmIt&R 15t 33 {Am SmIt&R 6s. ... | Am Sugar Ref 6s. . AmMT&Tev 6s. ... lAmT& Tuurss!! 10 % 2 12 1 9 |AMT& Tcltras { Anaco! nda o€ db 7s. 1da 18t 6s. .. {Armour & Co 41y, —Tfardware | Atiantic Re < ibarnsdall e £ Ss. i Bell Tel I'a b re oth Eteel 51es 53 ! Beth i Betn Ste Brier F Bklyn i | Cuba Dery (DG Du Pout d {Indiana Int Mer X |KCP&L NYG ZEL ¥ Y Tel 6s T Tel 6s Northwst Pacific Ga: PR T&T ! Sincluir O w Wil ‘Wilso! { teel rf s th Steel pm 3s.. £6s... 1st ) 75 Dfamond Mth ch6lps. .. Goodyear 851931, Goodvear 8s 1941, . { Hersher 65 1942, .., Another | Humble O&R 51¢s. Dlinofs Bell 1st 5s. tee! bs. arine 6s. Int Paper 1st 58 A. .t Paper 1st 5s B. 1.500 shares of Piggly i Kayser (J) 7s. 7 Kelly-Spring & . ]lngzelz CiMyrs s, Lizgett & Myrs 5s. Lorillard (P) 7s Mugma Cop cv 7a. . Manati Sug sf 7y, conduet. | Marland Oil &s ‘31 iMer & Mersf Mexican Pe‘rol 8s. { Mi-h St Tel It 5s. Midvale Steel 5s. Montana Power 5s Morris&Co 1st 4 New Eng Tel 6s. .. INY Ldsn 1st 6148, t 41 '49 NY Tel 41ex N Am Ed!son 6s. .. N States Pow bs. B Te Ctis Steel Tigs. s & LI _iPhilaCorefcsAll fron: | Plerce-Arrow 8s Producers - Rf Ss. Public Service os. . Punta Alegre 7s. .. Sacks & CosfTs.. Sharon Stl H 8s. il s, Sinclair Oll 614 1 Crude Oil 6s. .. Sin Crude Oil 5%s. Sin Pipe Line bs. So Por Rico Sug 7s. Stecl & Tube 78 Tc in Ele: Pow 6s. Tide ~7at Oil 614s. Toledo Edn 1st 7s. {Unit Drug cv 8s. .. 7 Rub 1st rf 6s.. U S Rubber 7%s U S Steels f§s Utah Pow & Lit Vertientes Sugar Va-Car Chem 7s. Warner Sugar 7s. . ~kwvire Spen 7s. “flson & Co 1st 6s. n&Cecv 7%s. n & Co cv 6s. Winchester A 734s. Youngstn S& T6s.. 15 99 r 5las d gen 6s. Bush T Bldg 655 '60. Cerro de Pasco §; Chile Copper 68 Commonwth P 6s.. Con Coal Md 1st bs. Cuban-Am Fug 8s. 42 © B BOARE DD RO RO~ e S RN e B = B = O 10 15 12 2 2 6s, 1087. Anaconda Copper s 1929. Anglo-American Oil 7145 1925, 96% 9314 9ty 10114 945, FIee 904 1077 922 90% 91 101% T4 102 825 107 102 99 94y 89 964 9% 84 100% 105 93 102% 10715 111% 87 106% 102 88% 9714 83 1034 95 95% 95% 8474 103% 99 SHORT-TERM SECURITIES. | (Quotations furaished by Redmond & Go.) sl Aluminum Co. of Amer. 7s 1925, 1055 Aluminum Co. of Amer. American Cotton Oll 6s 1924 | American Su i American Tel. & Tel. 6s 1924, American Tel. & Tel. 6s 1025, 1033 100%, 95 1013 1004 15 1013 1023 ‘Bell Tel. of Canada 7s 1025. North 5 1924. e e tine oy '0s 1001, ther 3 fongiary 1 Cin.Ci 1. & Pacific 3148 163 Chicago Tel Du Pont T4l 5 » 1 1931 923. 1 rederal Sugar Ref. lu'::a:ur T. & R. 8s 1981 Great Northern 7s 1936. ‘Hockd THomble Oll 5iss 193 Kan: te Ce Kenecott. Cop . & 8. & Co. T ibby. g R. Libby 7 1930, . B. B Sept. 13 | EE"R01 irnion Depot 5 L. 85 1029 city Term 8y 1923 nec per 7s 1930, 1931, B. M. 818 1931 % 60, *"Roebuck & Co. 78 1923 Swirt Su 1982 il 818 1931 swift & Co. Tidewater u. Wes! E. i Tank Car 7s 1880, T3 Rbber T1ds 1000, 20} Western Union » tinghouse vy 1031 conds. 100-1 100-2 Close. 98-11 98-11 98-30 98-12 99-22 Close. 102 88% 96 9y | 92y | 123 1§ 54 86% | 74 § 10615 | 915, £615 79t 105% | 108 103% 907 | 103 100 | 99% | 10. Al | i 1 i | 95% | 83% | 1008 105 93 1024 101“1 in 87 | 106% 102 B8% 4 973 £3 103% 95 9574 945 8474 103y 99 Ofter. 103 1067 06 10284 1004 | 118 1033 103 1003 11 101 CM&StPgn 4t | Cleve Term 5%, {Del & HA 1st rf 45, | Kan City Ft s 4s. {1inton Pac 1st rf 43 |Va Ry & Plstbs. | Wabash {E RAILROADS. Sales. High. Atchison gen s #8% B&Oprinay B& O gold 4s. B&O6s B&Oecv B&Oref b8 B & O Toledo 4 Bklyn R T 5xctf; Canadian North 7 C.nad Pac deb 4 Car Clinch & O 6 Cent of Ga 65 Central Pacific 4s. Ches & Ohio cv bs. . 20 Ches & Ocv 4k%s.. Chi & Alton 3s Chi & Alton 3%s. Chi B&Q gn 45 '58. Chi B&Q 1st rf bt Ch! & E Ll gn bs. h1 Great West 43. T s'- Puget Sd 4s. 88% 95% - © ReBeDuemo —— Chi M&St P 48 °26. . Chi M&S Pev 41, © R e T T Tt -] Chi& N W 7s, Chi Rysbs........ ChiRT&Pgnds. . CRIRT & Pacrf 4s. ChiUn Sta 6%s.... Chi & "V Ind cn 4s. CCC&StLrf6s A Cleve Term Gs ctfs Colo & Sou 41:s. € 54 R E b & TG 1st rf bs. . t United 4% s ie 18t con 4s o zen 4s. . Erie conv 4s A Lrie conv 4« B « convds D Gr Trunk st db 6s. Grand Trunk 7 North gen ortii gen 5 &, | Hud & Mau ref 8s. . Hud & Man aj 53 Tl Cent ref 55 °65. . ‘entral T 1 {Int Rap Tr 58 nlp‘d: Inter R Tran 6; int & G Nor aj 6s. . Int & G Nor 1st 4. Towa Centrf 4s.... Towa Cent Ist 5s. .. S3s.. nsas City S 5s. . City Term ds Lehigh Val i Louis & Louis & Louis & Louis & > Kansas City K. 0 SanGe~ M&StLrfex5s.. M&StListrfds M StP & SSM en 4 MK&TprinssA.3 MK&T6sC... M X & T adj bs. Mo Pacific 6s. 00 0 e cenluSBRateR=RmmooEa Y Centgen 315s. Y Cent deb 6s. N'Y Centdeb 4s. N Y CentriS5s. New Haven Ts. XY W & Bos 41.s. Norfoli: & W cn 4 Northern Pac 3s. Northern Pac 4s. Northn Pacr i 6s. Xorthern Pac 58 D. Ore & Calif 1st Bs. . QOre-TTash Ist rf 48 {Pennsyl gen bs. ... Punnsyl gen 418 Pennsyl 615s. Pennsyl gold Pennsyl con 4355, Rapid Tran 6z w 1. [Reading gen 4 Rlo G West ¢! RIArk & L4y, SILIM&S StL & tL&S StL&SFK tL&sS 2 tL&SF plésC StP & KCShL 41,8 21 A & Arn P 4s ab'd ALref 4s. Seab'd A Ladj bs Seab’d A L con 68 Sou Pacific cv 4s Sou Pacific ref 4s. Southern Ry 1st bs. Southern Ry gn 4s. outhern Ry 6%s. . Third Ave ref 4s. Third Ave adj 5s. Union Pac 1st 4s. 101% 56% 515 934 3 964 94 B4y ¥ity 60% 79 £0 T6% TOTAL SALES (Par Value): 11a:n.. 1689000 12noon 8011 1pm.. 3818000 pum.. 4811 ion Paccv ds. .. inia Ry Ist 5s. We STOCK EXCHANGE ‘ Low. Close. | 88% 96% 78% 101% 81% R34 65 0% 113% 9% 96% 100% 86% 89% 86% b 28% 87% 98 78% 4% b4% 50% 57 % 65% % | Sug; 100%, 101% 34 | 813 102% 90° 15% 9% 99 904 107% | 108% 95% €6% 7Y 62% 4% 34 o714 % 44y 2914 5 924 Tl 9415 67 101% 564 | 51% 3% 4 6% t4n 84t | Bty 60% 79 80 6% 000 000 BOSTON STOCK MARKET. BOSTON. August 23.—Following is a | \'g\rg" lowest and {september ... list of today’s highes prices for the most active s dealt in here: High Low 165 16 183 fova Caln & He, Counor J T. Davis Da t B Isiand Cree Mass Gax . exican Investment . Nat Le U S Smelt . U S Smelt Utah Apex . Wolverine 81y EX-DIVIDEND TABLE. August 2 Reading August 28— Delaware and Hudson. Galveston and Houston “August 30~ El Paso_Electric, q United Cigar Stores D! August 31— American_Telegraph Atlas Powder, g California _Packil Capadian Puclfic, Capadian Paclfic’ p Diamond Match, tman Kodak, a. Kodak 'pf.. q jena Sigoal Oil pt lens Signal OIl."a- Hayes Wheel, q Middle West Util. prior Tien. 'q Norfelk and Western, a. Packurd Motor Car pf.. q Southern Paclfic, q Standard Oil of K EL pf. wca a. & Cable, q. tocks Close. 183 2314 TREASURY CERTIFICATES. i ished by Redmond (Quotations oraished by Redmond & 5, 19 Bid, 3%s September 15, 28. . tember 15, 1923. e eember 15, 1928 1%s March 15, Mbiren, 15, 192 18 18 101 i % E.'p:;m\fir 15, T8 December 15, 3 582 21. 100% 1927, Co.) Offer. 99 15-16 100 99 3132 100 1-82 99 31-32 100 132 100% 100 101116 101 316 101% 100332 100 99 15-18 100132 108 witls 90 2932 100 TAKES OVER GAS FIRMS. NEW YOR! lumbia Gas an K, August 23.—The Co- d Electric Company has hased the siock of the Ohio Gas 2na Eleotric Company and thy. Hami)- ton Service Company, also of Ohio. Columbla -Company _ope: pablio_atilities in ORio, West ginia and Kentuoky, rates Vir- FINANCIAL. Grain, Produce and Live Stock LOCAL WHOLESALE MARKET. Eggs — Strictly _fresh, selected, candled, per dozen, 32a33: average re- ceipts, 30, southern, 28. Live poultry—Roosters, per Ib.. 15 turkeys, per ib., 25; spring chicken per Ib., 27a30; keats, young, cach, 40a50; | fowls, per 1b., 24a25. illed Dressed spring chic 1b., 35ad0; win- hens, per ter chicken: Ib., 28a% 18a20; tur- ceats, youns.; — Fresh ki : TS keys, per Ib., each. 0. Live stock—Calves. choice. per Ib.. 11%; medium, per Ib, 10al0i: thin, per ‘b, 6a7. Lambs. spring, per 1b.. 13al4; live pigs. 5.00a5.00 cach; live hogs, per Ib., 915, Green frults—Apples, new, per bas- ket, 50a2.00. California oranges, per crate, 5.00a6.50. . 3.00a6.00. Lemons, per box, G fruit, 4.00a4.50. Peache .00 bu. basket, North Carolin per crate, 50al.50. taioupes, oy, a 0. bbage, crat 1.00a 10 per bbl. Kggplant, per craf .00a omatoes, 1% bushel basket, near- Beans, 1.50a2.00 per _bbl. 2.5043.50 per basket. New York per crate, 5.00a6.00. Squash, . "Peppers, per crate nearby, {100, Kale, per bbl, 75al.50 lach. per crate, 50a1.00 {1ima beans, per’ quart, 15 | cucumbers, per bushel, 1 {grown cucumbers, per’ busl r corn, per dozen, 10a i H GRAIN AND PROV PALTIMORE, Md., August ). Potatoe barrel. 90: per 100 po ~'bushel, 1.15a1.40; limas, 50 beets, hundred, 4.004 e, hundred, 5.00a8.0 celery, doze a $40; f106 lettuce, | ning stock, bushe Apples, barrel, 0a2.00; bushel, 5a : pears, bas- 76u1.00; watermelous, each, 12 | 1 lilng Prices on Grain. No. red winter, spot, winter, garlick 2 red winter, ga No. 4 red winter, gar- red lots of nearby | to 101 Cargoes o ,gfiradl:, red winter, garlick, 1" ce new. 5.00 per barrel; > quiotation or better, 1.06 and and 52 4y 115 rby. per_bushel; export, spot. T3%: No. 7414 per bushel Hay—Receipts 11 tons. The de- wand for good quali timothy and clover mixed 15 cqual to re and the market rules firm, at 00 a ton ‘o. 1 tan 1 wheat, 1 L 18.00414 DAIRY PRODUCT BALTIMORE, Md., August leial). ~Poultry, live ipound, 24a led rye. 15 40a12.30; No. a0a (Spe- 17a18; old | tucks, 15a23; pigeons, |pair. guinea fowl, each. 40a60. | "Eggs—Loss off native and nearby {firsts, dozen. 29: southern, 27 { Butter—Creamery. gond to faney. ipound, 46a4S; nearby i 24a35; rolls. | eghorns, horns, ! : process butter, TODAY'S CHICAGO PRICES. i sold at! Track | 1 Spring chickens, | old | — LONG-TERM LOAN BY 1.5, 1S DOUBTED Local Bankers See No Need for Much New Financing. Trading on Exchange. “ossibilities of a long-term gove:in- ment loan next month or in Octobe appear rather remote to local stu- dents of finance who are in clo: touch with the situation Secretary of the Treasury Mel is not accustomed to take Wall strect into his confidence where governm financing plans are concerned quently, the report that has widely circulated lately street district of Tre the issuance of long-term ness is, on its fa the ldle gossip of the off season. I thermore, the theory is not cven ap- plicable to a reasonably sound fore- no more than | cast of probabilities. Large Sums Available. The Treasury will be called u to meet certificate maturitles of §2 000.000 on September 15, and of $1 000,000 on December dat In addition to thess matyr tles, it has the regular interest pa | menits to make Tax pro take cds will care of thes remainder. it believed ed for by the sale of 10t of short-term notes certificates. Then, t t ment has approxima 1in the net balance rato and ma {determined {conditions | floatea. Long-Teem Loan Doubted. So_successfully ha spread the maturit debt through the refund {tory Toan and other operations kers see 1o meed of long-term ancing for some time to co; B amination of the schedule reveals that in no quarter up to the third guartes of 192 close to $3.300:000,000 < fall due, is there an involves’ an amonunt £600.000.000, r conceivabie that ket conditions were particular- ¥ favorable ang other circumstane. were s oK Treasury might con- template a long-term bond issue, but as thi id there is little reason to anticipate such an operation They admit q e fran however that they do not know what Mr lon may be preparing to do. Today's Stock Trading. A further casing off to 951 on to 4 large exten requirements. an will be »f the v s regard it on 0 twenty- nging hands at this price es of Continental Trust Cos sold at 91 Traction the rtment ington Title In- Bonds wera {capital Traction only sl Bank Officlal Returns. Thomas I". Hickman {of the Franklin turned from a 1 spent at Hillside, Me. most at cglected 5 being $200 the viee presidert ational Bauk, re week . Washington Stock Exchange. SALES. 101 at 91 AFTER CALL ional Bank Righte—1 at 961, 1. 10nt ny. 5 at e Capiial Traction e—t.000 2t D5 UNLISTED DEPARTMENT. Washington Title Tosuranc senial Trust Co.— I CHICAGO, August 22—Grain ftures were e today during riy dealings; September whe. ileading the decline. Trade was lght {with offerings influenced by low {cables and improved weather condi- tions. About 400 cars of wheat were expected today. Liverpool quotatio were lower o reported sale of Russian wheat at francs equal to $1.10 a bushel. Opening prices here, iwhich ranged from 13 to & lower, {with December. 1.04% to 1.0 {May. 1.1034, were followed by {rise and then a slight general Heavy liquidation was on tember ¢ and prices sharply, with stop-loss orders uncov- cred on the way down general. with buving scarce. iopening 1a higher to 13 lower. with December 671 to 67%, the corn mar- iket underwent a general decline. | Oats syn with wheat | Starting unc 5 { December 41 the quickly began to sag Provisions lacked support WHEAT - Low September oo December 1043 | M fu- the Tittle back in Sep- off. Close 1.0014 1087 sy wAY, RN o 1100 1 " Conrx_ | September . sy { December (RATE 878 E 10 | Decembe, i LAR] September October RIRS- {geptember . { October CHICAGO LIVE STOCK MARKET. CHICAGO, August 23 (United ates Department of Agriculture).—Hogs— | Recelpts, 34.000 head: uneven: mostiy 10 cents lower: bulk good and chol 160 to 220 pound averages, 8.70a8.80 [top. 8.90: bulk desirable, 230 to 3 { pound bufchers, 8.10a8.60; bulk packing SOWS, 6.60a7.00; stron veight pigs, 7.75a8.00. { “Cattie—Receipts. 14.000 hcad: better grades beef steers and yearlings fairly active; others dyll, weak: top matured averaging 1.400 to 1.500 pounds, Dbest vearlings, 12.00; she stock bulk canners and cutters, 2.60a heavy grassers, kosher cows, 8.50aS. bulk heavy bolognas, 4.65a5.00; vealers, Istrong to 25 higher: bulk to packers, 112.50a13.00; stockers and feeders steady; ibulk, 5.50a7.00. | Sheep—Receipts, 20,000 head: native { fat lambs fairly active : others slow ; fat lambs, steady to 25 higher: other grades {steady; mative lambs to killers. 13.00a 13.25: eafly top, 13.50 higher; cull native lambs, CAR LOADINGS DROP. August Decline Due to Death of President Harding. The American Rallway Association attributes the big decline in car load- 1107 u 1m.10 e .40 S5 some held 0a10.00. the national mourning for President Harding. The total for that week | was 973,162 cars, breaking a long istring of weeks when the 1.000,000 i mark was topped. Compared with the | same week last year there was shown {an Increase of 130,472 cars. ROADS OVER EQUIPPED. CANSAS CITY, August 23 (Speclal). A eason. for the first time In the history of railroad transportation in the middle west, the carriers are over- equipped for the handling of heavy fall freight. This fact was brought out here today at a meeting of the frans-Missouri-Kansas regional board of shippers and members of the car service division of the American Rail- way Association. TODAY'S METAL MARKET. NEW YORK, August “3.—Copper steady. Electrolytic spot and futures, 14a14%. Tin firm; spot and futures, Iren_ steady; prices unchanged. Lead steady: spot, 6.50a6.75: zinc stead East St. nouli.«pot and nearby delive ery, 6.50a6.5ifantimony, spot, 7.62. 3, and | declined | Selling was | After | with § market 10488 [ washington Gas | ings in the week ended August 11 to! Money—Cail loaus. 5 and 6 per ce BONDS. Bid and Asked Prices. i PUELIC UTILITY, | Americas Tol. & Telza. 4s.. { Americun Tel. & Telgza. 4 Am. Tel. & Tei. et {Am. Tel & Tel c Co&p.oTo ' th B o2 Acked. [ Poromac Potoma: Wash. P wass g o Rig Kiggs Ke Sec Ntoruge & Wanli, Mkt Cold Storag: Werdman Park Hotel Gs STOCKS. PUBLIC UTILITY. American Tel. & Telga Crpital Traction . Steamboat ... com. . pra Norfolk & W Wash. Rwy. & E Wasa, twy. & E | Terminal Taxi Co.. ! NATIONAL B. ANK {Cepital { Columb | Comuer, Distri o } Farmers’ “and M Federal American Liberty . : Lincol § National Liges igEs > Second Nationa TRUST COMPANY, American Security & Trus Continental Trust Merchants' Baok tional Savin ou_Trust... . s Washiogton Loan and Trust. SAVINGS BANK, Security Suv. Soventh Stre United State Washivgton s £ FIRE INSURANCE. > 220 11 9 American . Corcoran Firemes National Unfon St TITLE INSURANCE. Columbia_Title.. eal Estate Title. . MISCELLA Columbia Graphophone com. Columbis Graphophone pfa I D. C. Paper pfd. : Merchants’ Mergenthaler Linotype. 0ld ‘Dutch Market com. 01d Dutch Market pfd. Lanston Monot i curity Stotsge. Wenbiveton Marke LIVERFOOL COTTON. LIVERPOOL, August 23—Cotton spot quiet; prices easier. Good mid- dling, 15.48; fully middling, 15.38 middling, 15.23; low middling, 14.25 good ordinary, 14.48; orinary, 14.15. Sales, 4.000 bales, including 3,000 American. Recelpts, 300, all Amert- an. Futures closed very steady August, 14.58; October, 13.62; Decem- ber, 13.36; January, 13.23; >March, 13.12; May, 12.99. BUTTER LOWER TODAY. CHICAGO, August 33—Butter iow - er; creamery extras, 43; standards 115 extra firsts, 4lad2; firsts, dla 42; firsts, 381:a40; seconds, 37ad7i. Eggs higher: réceipts, 7,970 cased firsts, * ordinary _firsts,24a 24%; storage 25826 % pack firsts, 37%.