Evening Star Newspaper, September 5, 1923, Page 22

- 14 Il 2 AN RECORDED * “Shares to Profit by Horror in ' Japari Go Higher—Note of { Cautign Maintained. i BY STUART P. WESTe !'Special Dispatch to The Star. NEW YORK, September 5.—Although in a number of issues of the speclalty 2ype prices on the stock exchange to- {day were bld up quite sharply. the rally after the early period of inde- ciston procecded at a moderate pace. 1t took in very nearly all groups, but ns in the leading issues were reely more than sufficient to wipe fout the losses of the previous day. “Where buyving occurred on any large #cale it was either induced by special “ronsiderations, us in the cmse of “Davison Chemical or Mallinson Com- L Pany, or was partly due to the desire Lof ‘short sellers to cover fn commit- imexats made on the previous day. I American Can was very active and istrong. and Continental Can was in {demand again. The street belleves {that the large short interest in Amer- idean Can had not béen thoroughly {Mquidated during the August advante n the stock exchangd, and this, to- jEether with the exceptionally ood jearnings position, has had much to ido with the movément of the stock. ‘Continental Can is said to be earning tbetween 310 and § per share against ithe present 34 dividends. 1 Davison Chemical's rise was at- jtended by an announcement of the ‘formation of & new company to mar- et Silica Jel toilet articles, the by- iproducts of the process which had .ibeen contracted for by leading oil irefiners and other interests. Davis hemical stockholders are to have prior privilege in subscribing to the jrapital stock of the new concern. IMallinson's strength was due to the ition of a Loom In the price upon the resumption of wg in the silk. market, ¥ has large stocks of 'silk on hand Usunt repre Lenders, Tars Dull. industrials like common, Stude- and Locomotive got “ction of & point to more than nt above the final prices of the \previous day and then turned rather while ‘the general market was i The j{Tnitea s oup, Baltimore and around 50 on good | nd anticipations that the unding operations will be itisfactorily and largely wnings. Chicago and Alton and common stocks were and strong. The earnings of this company have been much better than they were. Caution fn Markets. Tne -4 steadiness characterized the markets ae a whole today. Trad- ers and speculators still obviously were maintaining a waiting attitude ‘pending more definite mews of the Japanese disaster and the progress of events in the Balkans, but factors of the world situation favorable to American commerce and industry ap- parently were given due considera- tion The common. stos Co. was a_strong f lief generally held ness in silk markets is actively re- sumed the price will turn upward, Mallinson is understood to have ac- eumulated large stocks of silk before the Japanese disaster. and the prices {paid’ were considerably below even the present quotations. Kayser & Co. ulso was affected favorably to- handled < of Mallinson & ature. The be- that when busi- Aay Davison Chemical stockholders will have prior privilege to subscribe to » capital stock of the subsidiary cent cumulative preferre £10 par value and 100,000 s of nmo yar common. of companies engaged In manufactyre of food products, Such NAtional Biscuit and Beech- i mut Packing, W actively bought. Their strength was predicated chiefly upon satisfactory earnings and rep- sented in the former instance, at {Jeust, some covering for short ac- count. Forelgn Exchanges Lower. he foreign exchanges offered an exception to the tone of the other markets. Sterling found a new low for the at 4.509-16, but re- covered zhtly later. French francs, n francs and Itallan dira all losses, while Greek achma were down to 1.79. Ger- ks also dropped tb a new 000,000 for $1 ocks of the anthracite car- remained quiet and inactive. the day drew to a close the strength of stocks grew more pro- hounced and many of the speculative favorites on the exchange reached their high points of the day in the Jate trading. The rails attracted only a minor amount of attention. MARKET CLOSES STRONG. the Jevel at The riers YORK, September 5.—Stock resumed their upward movement ' today after an early period of irregu- Buying power was supplied 3 horts, who covered previous commitments, and by speculators for -the advance, who endeavored to dis- count the benefits that would accrue to certain companies as a result of or- | ers from the Japanese disas- \ ter pproximated 550,000 shares. The closing was strong. The sharp fecovery in sterling exchange and a ump of §4 a bale in cotton prices ac- lerated the advance in stock in the ate dealings when the best prices of he day were recorded. i —_— e FOREIGN EXCHANGE. H Sgptember 5, 1823—11:15 a.m. {Quotations furnished by W. B. Hibbs & Co.) Nominal = Selling checks. gold val chiefly by London, pound ontreal. dollar . Parix, franc russels, fra ome,” lir: urich, fran thens, drachma .. adrid, peseta . Cieana, ague Warsaw, mark . p’qwnnng«n. crow! heistiani crown Stockbolm, crown Br the Assoctated Press. NEW YORK, September 5—Foreign exchange easy. Quotations in United States dollars: Great Britain, demand, 4.52; cables, 4.52%; sixty-day bills on 4.49%. France, demand, W055715; cables, .0558, Italy, demand, .0425. Beiglum, de- cables, .0458. Germany, Norway, demand, .1618; Sweden, @e- mand. .2655; Denmark, demand, 1825; Switzerland, demand, .1798; Spain, de- mand,.1339; Greece,demand, .0178; Po- land, "demand, .0000043; - Csechoslo- vakia, demand, .0298% ; Jugoslavia, de- mand, .0107%g; Austria, demand, L000014%; Rumanja, demand, .0046% ; ‘Argentina. demand; .3275; Brazil, de. mand, .0975; - Montreal, demana, +97 19-20. TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co,) ——Noon —y Rate—Maturity. ‘Bla. T Offer. B%s September 1 . 100 43,5 September 1 4y December 15, 41gs Mareh 15, 19 5%,a June 15, Giss September 1 4%s March 15, 4igs June 15, 1925 4%s December 15, 19: o e piut mber 15, "" 1927 ' . 100 . [ opsLae 160143 . 100 732 100 9-32 101 1-16 101% 100 31-32 101 1-32 100 5-32 ;00 732 %a March 15, laé Dccember 15, 19: { - INSPECIAL STOCKS 2| NOrTex & FINANCIAL 1 "Adv Rumley. Alr Reduction Alaska Gold. Allted Chiom . Allis Chalmers Am Agr Chem. Am Ag Chm pt Am Beet Sugar. ‘Am Bosch AmCan AmCanpt. Am Car & Fay Am Chicle Co. Am Chicle pr Am Cotton Ol Am Cot Ofl pt. Am Druggist. Am H & Lea pt Amlce...... Am Internatl. Am Linseed pf. Am Locomotiv Am Metals Am Radlato; Am Safe Razor. Am Ship & Com. Am Smelting Am Smelt pf Am Steel Fdy... Am Sugar. Am Sugar pt AmSumatra.... 224 Am Sumatra pf. 45 Am Tel & Taleg. 124% Am Tob pf (n).. 10274 Am Water Wks. 384 AmW WE%pf. 59 Am Woolen..... 85% Am Woolen pf.. 102 Am WritPrpf.. 9 Anaconda...... 40% Arnold Constab. 15% Asso D Goods... §2 Atehimon . 97 Atchison pf..... &8 Atlan Cst Line. . 112% Atlantic Gult... 154 At) Gulf pt 14 Atlantic Ref 108 Austin Nichols.. :5% Baldwin Loco. .. 122k Balto & Ohlo... 49% Balto & Ohio pf. 56% Barnesdall (A). 12% Batopilas Min * Beechnut Pack. 73% Beth Steel. 514 Beth St17% (n). 94 Bklyn Edison. .. 109 Bkiyn Rap T1p.. 31% Burns Bros pf 91y Butte Copper. [ Butte & Super... 16 Butterick. 20 Caddo Of1 2 Calif Petrol. 19% Callahan Zinc... 5% Canadian Pac... 142 Central Leath... 20 Century Rib Mil 30% Cerro de Pasco.. 39 Chandler Mot... 53k ‘Chesap & Ohlo.. 6213 Ches&Opfwi. 99 Chi & Alton. 2% Chi & Alton pt. 5% Chi & E 111 pt. ChiMil&StP... | Chi Mil &St P pt. { Chi & Northwn. ChIR & Pac... Chi R1&P6% pf. Chi R I&P 7% pt Chile Copper-.... Chino Copper... Cluett Peabody. Coca-Cola. Colo Fuel . Columbn Carbor 47% Columbia Gas... 34% Columbia Graph s Com Solv (A)... 33 Comp Tabulat Cons Clgar Cons Gas of Cons Textile Cont Can Continental Mot 7% Corn Products.. 125 {Cosden & Co 29% | Cructble Steel 5 Cuban-Am S 271 Cuba Cane Sug.. 12 Cuba Cane Spf.. 44 Cuban Dom pf.. 36 | Cuyamel Fruit.. 65% Davidson Chem. 45 i Deere Co p . _61% el & Hudson. .. 107 Dome Mines.... 36 Dupont (E1). 133 Dupontdeb..... 84% Eastman Kodak 105 Elec Stor Bat... 61 Endicott-John.. 67 Erie. .. . 1% | Erly z 224 {Erie2dpt.. ... 16% Famous Players 75% Fisk Rubber 8 Foundation 70 Freeport Texas. 14% Gen Asphalt Gen Cigar. Gen Electrl Gen Elec spl Gen Motors. Gen Mot 6% deb. Goodrich pf. . Goodyesr pf. ... Goodyear prof.. . Granby Consol. . Gt Northern pt.. Great Nof Ore Gt West Su pf Guantana Sug. Guif M & Nor pf. Guif St Steel.... Hayes Wheel... Homestake. 12% 5% 97 86 66% 101 22% 69 9% 26la 16% Ti% T 29% 81% 81% 46 817 18% 574 304 L 105 6% 48 - 86% 36% 61 31% Ho 50 Hudson Motors. 264 Hupp Motors. 204 Illinois Central. 106% 14 4 11% 36 22% In Ag Chemical. In Ag Chem pf.. Int Cement. . In Combust B Int & Grt North. 15 Int Harvester... 75% Int Harvester pt 106% Int Mer Marine. 7 Int M Marine pf. 24% Int Nickel. 12% Intl Paper. 344 Invincible Oil 9 Iron Prodicts 42 Iron Prodctfs.. 42% 1s1and Ofl...... % Jewel Tea. 18% Jewel Tea pf. 70 Jones Tet . 66% Jones & L'gh pf. 109% KansasCity S.. 1T% Kayser (Jullus) 40 Keily-Spr Tire.. 82% Kennecott 33% 4% 557 61 65% 17% 62% 114% 81% 85 1084 Lehigh Valley.. Lima Locomo. .. Loews Inc.. Loose-Wiles. Lorillard pf.... Mack Trucks. .. { Mack Truck 2d. Mackay Cos. ... Mackay Cospf.. 65 Mallinson & Co. 274 Man El{nv guar 32% Manhat Shirt... 44 Marland Oil.... 29 Martin-Parry... 30% Mathison Alkill. 43 Maxwell (A)... 43 May Dp Stores. Mex Seaboard Mex Seabd ctts Miami Copper.. Middle Bt Oil... Midvale Steel. Minn & St L (n). Mo Kan & Tex. Mo K & Tex pf.. Mo Pacific pi Montg’y Ward Moon Motors. .. Mother Lod Nash Motor 92 Nat Biseuit. 16 Natl Dept Stores 39% Natl Enamel..., 62% Natl Lead. 124% l='6 23% 5% 27% 1% 11% 29% 287 21% 24y 9 Nevada Copper. NY-Afr Bra N'Y Canuers. 88 112% 15ty 14 106 6 124% 50t Low. Close. 9 65 % 67% 43% 16% 39 31% 35% 95% 85 65 41 43 43 13 79 8% 8% 23% 5% 275 1% 1% 29% 28% 21% 24% 9 02 46 39% 62% 124% 11% 89 4% 30 9% 65 % 68 43% 16% 41 1% © 36 98% 108% 164 11 45 % 24% 4% 43'% 96% 20% 30% NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office | Open. High. {NYCentral.... 55" Yoo {NY Dock. T NYNH&Harttd. 18% 13% Norfolk South.. 9% 9% Norf & Western 104% 104% ! North Amer 221 22% North Pacific. 59 61 Nunnally Co. 8% 8% {Ohio Fuel Sup.. 31% 31% Oklahoma Prod. 1% 1% Orpheum Circult 17% 18 OtisSteel....... 8% 8% Pacific Develop. % Pac Gas & Elec. Pacific Mail. ..., Pacific Ofl : Packard Motor. Pan-Am Pete Pan-Am P (B). Penn Seabd Stl. Fenn Coal & Cke Pennsylvania People's Gas. Peoria & East. . Pere Marquette. Philadelphia Co Phillips Pete. Plerea 04, . . Pitts Utilities pf. Pitts & W Va. Produc & Ref Pub Service.... Pub Serv 8% pf.. Pullman Co Punta Alegre PureOMl..... Rapld Tran Sec. Rap Tran Sec pf Ray Con Copper Reading = Reading pf.. Replogle Steel. Rep It & Steel. . Reynolds Spr Rey Tobac (B). Rey Tob pf B... L & San Fran StL&San Fr pf. St L Southwn St L South pf. Savage Arms. .. Schulte Stores. Seabd A L pf. Scare Roebuck. Seneca Copper. Shell Union. ... Simms Petrol Simmons. Sinclaff Ofl Skelly Ofl . So Porto Sugar. South Pacific. .. Southern Rwy. uthern Ry pt. Ol of Calif. and Oilot N J. Oilof NJpt.. Sterling Prod. .. Stewart-Warner Strombg Carb. . Studebaker. . Submsarine Bt. . Tow. Close. 99 100 17 17 104% 104% 22% 22% 59 604 8% B4W 31% 314 1% 1% 17% 18 8% B% % 82% 9 3% 12% 59% 57% 3 % 2% 9 8% 18 60 58% 3 37% 43 98% L1 “ 45 24 2% 11 26%% 6% 100 17% 52% 19 13 36 10 5 52 12 468 484 20% 21% 65% 66 115% 115% 18% 19 40 40 28 28% 56 56% 30% 33% 98% 93% 10 814 8 1% 4 25T 21% 13% a1 881 323, 6815 Tenn Copper. .. Tekas Company Tex Gulf Sulph. Texas & Pacific. Tex & PP C & OIl. Tide Water Oil. . Timken Bearing Tobacco Prod. .. Tobaceo Prod A. Trans Cont OIl.. Union Pacific Union Pac pf Un Tank Car... United Drug. . Un Drug 1st. Utd Ry Inv pf. Utd Retail Strs U S Cast I Pipe. U S CastIr P pf.. U s Food Prod. Indus Alco, U S Realty pt U S Rubber U S Rub Ist pf. US Steel. U S Steel pf. Utah Copper Utah Securitles. Vanadium Corp. Van Raalte. . Va-Car Chem. Va-C Chem pf.. Va Ry & Power 38 54 823 4% 1314 724 87 79 474 35 5% 2T% 3 5 52 101 41% 3t 96% 96% 91% 93% 116 117 59% 5915 17% 17% 318 323 374 38w 124 334 384 9% Wabash pf (A). Western Md.... Western Md. 24 West Penn Co. West Elec pf. Western Union. West Air Brke. . Westhse E1&M. Wheellng&L E. White Eag Oil White Motor... Wickwire. Wil Willys-Overl pt. Wisconsin Cent. Woolworth. Worthington. 704 28 2815 - 2464 2464 29% 29% High. Low. Call Money.... 5 4% HOURLY SALES OF STOCKS. 11 am.....138500 12m...... 247 300 1pm.....307100 2p.m..... 422100 DIVIDENDS. Par- able. 2815 2161 Last, 4% Stock of Company. Record Bank of N. Y. Tr. Col. Power : Defroit Nay I . Rate Endicott Johnson pf. ins & EL pf les Pow. ... -Rpringfield ire 8% pf.... Manhattan Ele Supply Mack T : dat, P, & Lt. N. ¥ Truck Nat at. City ¢ at. City C Owens Bottlc, Pure 0il 6% pf. Tiire 01l 8% pr Pub. Serv. N B B - X 3 % shell Union’ 011, Twin City Rap. Trans, pf...... Western Elee. ... Western Elec. pf. Bep. — EX-DIVIDEND TABLE. September American Reet Sngar pf. Calumet & Ariz. Min., t Copper Co., q r Brake, pf.; q cel Spring pf., s & El 5 - . 28 29 LOC L0 O COROECTRCOCOR O CPRLE Lo American, Safets Razor, ar. American’ Tob. Co. pf. Market 8t Rwy. b Natio nam. & Stamp. pf.. q. | Nat. Sugar Rfg.. q. Pitts, Ft. Wayne & Chic. Pitty] Ft_ Wayne & Chie. pf. United RAW SILK GOING UP. Quotations Suspended, But Some fales Are Made. Special Dispateh to The Star. NEW YORK, September 5.—Dis- patches from Japan today recounting the destruction of large quantities of raw silk added to the demoralization into which the local markets were plunged Tuesday. Quotations again were suspended, but dealers who had supplies of raw silk were reported as disposing of them at advances of 30 to 40 per cent over prices Prevailing last week. » Cotton goods . continued firm, but with only a moderate demand. Quo- tations on 64 by 60 prints were 3%a 9%, and on 98 by iZ prinis, 11%. 4215 | 29% 1 NEW LON RECORD INAUSTRAN BONLS Anxiety Over Trouble Between Italy and Greece—Tokio 5s Stronger.’ BY GEORGE T. HUGHES, Special Dispatch to The Star. NEW YORK, September 5.—Trad- ing In the bond market today broad- ened out hut was still comparatively inactive. Interest continued to center on the foreign list. The Japanese| bonds, particularly the city of Tokio | |65, which had such a sharp break | Tuesday, held fairly well atound the previous closing, as did the three| {obligations of the fmperial govern- ment and the Orfental development debenture 6s. The Japanese 4s ster- Jling issue of 1931 maturity were weaker than either of the &% per cents of 1925, Auntrian Bonds Break. ‘More striking today was the course of the Austrian 7s, which under fair- Iy h transactions made a new low record since issued. breaking below 87. This was direct reflection of anxie over the trouble between italy and reece. The fact that the h(m"l i& guarafteed to the extent of 20!z per cent by Italy makes it {peculiarly sensitive. Originally offered in June last at 90, the quota- {tlon ran up almost at once to 93%, {from which point the decline has been gradual to today's low. The only other thing of note among the foreign bonds was the firmness in the French | ssues, practically all by 3 - e 3 eing fraction The feeling seemed to be that the outlook for settlement of the reparations difficulties was a little brighter. Rail Issues Active. Among the speculative rails most attention was paid to the Chicago and Alton bonde There are two issues of the Chicao and Alton listed, th irefunding 3s of 1849, secured by d rect first mortgage on most of the jroad's mileage. and the 3las of 1950, securcd on the same mileage but subject to t prior_Jien of the first named. Today's activitiy carried the s up nearly two points. The Chi- cago and Alton has shown astonish- ing improvement in earnings since the first of the year. There was some selling of Chicago Great Western 4s for the purpose of buying the new bonds carrying cou- | pons payable September 1, 1924, and thereafter. International Great North- crn adjustments sold below 36, al-| though earnings on the July showing are the best of the year. U. S. Obligations He: United States government loans were heavy with the empt 3us selling below par nd within | a point of the low o r. There was very little among the high grade rails and industrials, but with ~money holding firm higher prices for this grade of security were regarded improbable. RAISING OF WHEAT | GOSTS $1.23 PERBU. Department of Agriculture Shows Present Selling Price Is Distressingly Low. Reports compiled by the Depart- ment of Agriculture from 4.000 farm- ers in all parts of the country show an average production cost in 1922 for wheat of $1.23 a bushel; for corn, 66 cents, and for oats, 53 cents. Against these figures, the average sale price realized on the crop was $1.11 a bushel for wheat, 73 cents for corn and 43 cents for oats. Wheat today Is slightly above the dollar mark. “The cost figures.,” the department said in announcing the compilation today, “include charges for the labor of the operator and his family and for use of the land. Where the price received for the product was less than cost. efther the farmer did not receive going wages for his time or he did not receive for the use of his jland an amount equal to the cash rental value reported. The department added that it felt the figures * ely approximate the average production costs fncurred by | farmérs throughout the country dur- ing the period covered.” The $1.23 cost of producing a bushel j of wheat was divided, 46 per cent for preparation of seed bed, planting, ha: vesting, thrashing and marketing, per cent for land rent, 12 per cent for fertilizer and manure, 3 per cent for seed and § per cent for miscellaneous Ccosts, OY the 66 cents cost on corn, 52 per cent was figured for man and horse, labor in preparing seed bed, planting, cultivating, harvesting and marketing, | 16 per cent for fertilizer and manure, 3 per cent for sced, 23 per cent for land rent, and 7 per cent for miscellaneous | items, including depreciation on machin- ery and storage buildings, crop insur- | ance, e Fifty per cent of the 48 cents cost for oats was figured Yor the labor of producing and for marketing, 8 per cent for fertilizer and manure, 7 per cent for seed, 27 per cent for land rent, and § per cent for miscellaneous costs. Market Flashes at Today’s Close | Crude oil production in the southern |California fields during the week end- ing September 1 showed a slight in- crease.” Long Beach, Huntington and | Santa Fe Springs average 675,000 barrcls daily. against 673,000 in the previous week. facturing declared the regular guar- terly dividends of $1 on the preferred and common stocks. American Cigar declared regular quarterly 112 per cent dividend. United States Tobacco declared the ds of 75 cents on the on . the Westinghouse Electric and Manu-l regular dividend common and 1% pper cent | preferred. Kelsey Wheel declared quarterly dividend of $1.50 on the common. payable Octobér 1. to stockholders of record September 20. Home Stake Mining declared the regular 50 cent dividend. G. W. Holme declared the regular quarterly dividends of 3 per cent on the common and 13 per cent on the.! preferred. Simmons Company declared the regular quarterly 25 cents dividend on the common. Mack Trucks declared the regular ! guarterly dividend of $1.75 on the! first and second preferred. regular New York bank clearings, 000.000. New - York bank balance $61,000,000. New York Federal Re. werve Bank credits, $49,000,000. Bos- ton bank clearings, $56,000,000. Hupp Motors car sales in August, 3.155, against about 1,000 in July. Small sales in July due to change in model and consequent reduced output. The German mark today underwent a fresh. slump on the London ex< change market, touching. 100,000,000 to -the pound sterling. > Willys-Overland cuts prices from | Brazil 7s. | Copenhagen 51 H Queensland { Brier H St 15t 538 | Kelly-Spring 8s. | Tenn Elec Pow 6: TON NEW onx.BONDS STOCK EXCBANGE_'] -— — Y ecelved by Private Wire (Balex are in $1,000.) ! UNITED STATES SONDS. (Fractions rej t | inirty - weconds. Example: 98-3 meahs 3-82) Sales. High Low. Close. Lib3s . 123 100 90-30 99-31 Liblst4ies... 82 §3.7 98-3 983 Lib2a4%x... 387 93-5. 983 933 Lib3a4%s... B57 98-26 08-22 9822 Lib4th 4s.. 351 98-7 88-3 983 UB4%s 1952, a2 98-24. 9922 99.28 FOREIGN. salew. High. 2 101% . b5 87 24 b9% 96% 994 109 8% 76% 81% 5% 100 104 100 08% 104% 103% 104 89% 99% Low. Close. | 101% 101% 86% 6% 0% 99% b6 96 90% 99% 109 109 87T 874 76 T6% B1% 5% 814 5% 907 100 100% 100 98% 103% 103% 104 8% 0% Argentine 75 Austria 7s. Belglum T4%s. .. Belgium 6s... Belgium 8s Bern §: Bolivia sx Bordeaux 6s. Brazil 8s. Brazil 7%s Canada 538 1929. . Canada 5s 1931, Canada bs 1952, Chile 85 1946 Chile 85 1926 Chile 88 1941 Cuba 5% wl..... Atlantic C L ol 4. . ’ |B&ODrIn 3%s... ¢ 4 L . Czechoslovakia $s. Denmark 8s.. Denmark 6s. . DutchE15%s.... 2 Dutch East 16s'47. 63 Dutch East I 6s'62. 46 Framerican 7%&.. 8 French Govt &s....118 French Govt 7%s. . 48 Halti 6s. . .10 Holland-Amer 6s.. 2 Italy 6151925.... 1 Japanese 1st 4%, 283 Japanese 2d 4%s.. 77 Japanese 4s. . 251 Jergen UM 6s°4 5 Lyons 68 10 Marseflles 6x. 10 Mexico bs.... 22 Mexico 5s large. ... 16 Mexico 4s. 9 Montevideo 7s therlands 6s. ofway & Norway 6s. Orient Dev deb 6s. Paris-Ly’s-Med 6&. Prague 7%s i 8% 109 5% B1% 0644 964 88% 98% 94% 80% 817% 95 91% 90% 7% 77 77 6% 54 53 33% 26 - 97 0% 98% 894 108 851 964 96 88% 81 96 90% 904 75% 71 6% 6% 53% 63 33 85% 9TH 0% 954 88 70 % 108 10074 92 90% 97 26 89 834 65w 104% 115 65% 110 100% 89 i Queensland 6s. ... Rio de Jan 85 1946, Rio'de Jan 8s 1947 Rio Gr Do Sul 8s. a0 Paulo, City 8 Sao Paulo.State,ss. Seine, Dept of. 7s.. 15 Serbs Crotes Slo 85100 Sweden 6s. .. - 17 Swiss Confed Ss 2 Tokio 5s. - 79 Ud Kingm 26 Ud Kingm 5%s 67 3 Ud Steam Copen 6; Uruguay 5s. 2 1023 102% 8 110% 110% Zurich S& MISCELLANEOUS. Ajax Rubber 8s.... 2 95% Am Agr Chem 7135 7 99% Am Chains f 6'33. 10 92% Am SmIt&R 1st 55 27 91% Am SmIt&R 6s.... 24 100% Am Sugar Ref 6s.. 14 101% AmT& Tcltrbs. . 98% AmT& Tecltr s 92 Anaconda cv db 7 100% Anaconda 1st 65 974 Afmour & Co 415, 84 Atlantic Refin §s. . 98y Barnsdall s f 85 98 Bell Tel Pa5s... 7% Beth Steel 51553, 89% Beth Steel pm 5s. . 89y Beth Steel s f 8s. 98% 94y 26% 9% 9% 99% £6% 87 106% !! 108 108% 104 95% 99 2% 91 100% 101% 081 2 100 7% 8314 98% 7% 7 89% 89 98y 3% 2615 ol 96% 29 857 &7 108% 2% ~58% 104 108 103% 99% 92% 102% 102% 994 1084 116% 9815 93% 7% 8514 85 90% 104 107% 7% 1us 118% 97% 103% allo o R NoR e araBags R~ OE Bklyn Ed gen 5s. .. Bush T Bldg 58 °60. Central Leather 55 Chile Copper 65 Commonwth P 68 Con Coal Md jst bs. Cuban-Am Sug Es. Cuba Cane'cvd §s. Dery (DG) Ts.. Det Edison ref 6s.. Du Pont de N 7. Duquesne Light 68. Est Cuba Sug Tis. Empire G&F 718, Fisk Rubber $s. ... Gen Elec deb 55 Goodrich 61zs Goodyear 85 1931 Goodyear s 1941 Hershey 68 19 Illinois Bell 1s Int Mer Marine 6s. Int Paper 18t 55 A, Int Paper 1st 5s KCP&LUSKA Kayser (J) 78 Liggett & MyTs 5s. Liggett & Myrs 7s. Lorillard (P) T Manati Sug st Marland Oil § {ChiRys 6s.... { Pennsyl gen 41 | Readifg gen 4s.... ISELIM&S 4s {StL&SFpl6sC. | Seab’d A L 4s sta Mer & Mich S 5 Midvale Steel 58 Montana Power 5s. Morris: Nat Cube Ist New Eng Tel bs. N Y Edsn 1st 61gs. NYG EL H&P is. NY Tel'6s'41... N Y Tel 6s'49. .. N Am Edison 6s. N States Pow 5s. .. Northwst B Tel 7s. Otis Steel 7%s..... Otis Steel 8s. - Pacific Gas & El 5s PacificT & T 5s Phila Co ref 6s A Pierce-Arrow 8s... Producers & Rf 8s. Public Service 5s. . Punta Alegre 7s. Sacks & Cos f7s Sinclair Oil 7s. Sinclair O1l 63, . 8in Crude Oil 5%s. Sin Pipe Line is. .. 8o Por Rico Sug 8. Steel & Tube 7s. 105% 99% 87 9% 1% 100 9T% 109% 821 104% 5 105% 91% 80 1075 92% 8% 9073 9114 100% 76 101% 80 108% v 1024 95% 8314 95% 83 100 104% 934 105% 106% 97% 111% 861 106% 101% 815 7% 87 691 1093 1061 8% 95% Ronaoama®msmm 0 100 109% 8244 104% 105% 1% 90% 108% 92% %9 91 91% 100% 76 102 - e e BreNolalwme PR e g 95 5% 8314 100 105% 10548 106% 9% 111% 87 Tobacco Prod sf 7s Tolglo Edn 1st 7 UnionBzg & P 6: Unit Drug cv 8s. U S Rub 18t rf 55 U S Rubber 7%s. U S Steel sf5s. Utah Pow & Lt 5s. Vertientes Sug 7s. Va-Car Chem 7s. .. Va-Car Ch 7%s W. West Union 6%s ‘Westinghouse 7s. . ‘Wickwire Spen 7s. Wilson & Co 1st 6s. Wilson&C ev T%s. Wilson & Co cv 6s. Winchester A T14s. WOOL PRICES HIGHER, Special Dispatch to The Star. BOSTON, September 5.—Advances of 5 per cent, at the London wool 101% 8714 6915 109% 106% 05 95% 96 96 | 85% 85% 103 103 108 4% | Sou Pacific ref 4 77% | Sou Pacific clt 4s. . !Soulhern Ry 1st 58 97% | 80 i 108% | 1023 | 1 881 | 1063 | cent of par. sales, which opened Tuesday gave a stronger sentiment to today's mar- kets here. Deaiers, who had feared the Japanese disaster might adversely {affect the market, were tncouraged to hope that.prices at least would go no lower, while othefs took the. posi- tion that the destruction of Japanese mills would merely mean the transfer of purchases they would have made to other mills, which will seek to supply Japanese customers. of Wool at Boston Tuesday, were 351 ! Receipts | $30 to $100, effective immediataly. Touring car and. roNdster are listed at $495 Toledo agaifist $525. coupe at $7650 against $795, sedans at $795 against $860. Queried by thé Wall Street Journal about rumor that he might be in- terested as possible -purchaser of Durant Motors, Charles M. Schwab said: “It. is - absolutely - without foundation. There ig no truth in it \aatover” Q) Direct to The Star Office. A . Ann Arbor ¢s. 1.56 Atchison gen 4 Atchison ad) 4 Atlantic C 1. 1# Low. Clowe. B&Ogold ¢s BROG6s. . L] B&Ocvay i B&Orefbs...... . 2 B&O PLE&WV is. 5 B&OSWAIv3i,y. 85 B& O Toledo 4s.., 6 gl;}yn fifr S8, ,.. 3klyn R'T 7s *21. BKIRT 7821 ct,. Canadian North.7s Canad North 6%s.. 8 Canad Bac deb 4s... 20 Car Clinch& O bs.. 6 Centrat Pacific is. 26 Ches & Ohlo cv bs. 14 Ches&Ocvidlis.. 15 Ches & Ogn 4%s.. 7 Chi& Alton 3s.... 48 Chi & Alton 314s. ", 223 Chi B&Q gn is'58. 3 Chi B&Q st rf 5s.. 14 Chi & E 111 gn 55 3 ©Ohi Great West 4s. 27 CM & Puget Sd4s. 1 ChiM &St Prf 1%e 32 Chi M&St P ev 5s.. 51 ChiM&St P 4s'25.. § Chi M&S P ev 4348, 49 CM&StPgnilzs. 6 ChI&NW 78 1 % u B PR - 59% 92% 714 % 86% 83% 56 321 9 7% 6% 87 .53 60% % 59% 9% 1 107 ChiRI&Pgnts.. 8 Ta% ChiR1& Pacrf 4s. 14 4% Chi Un Sta 4%s. ... 10 89% ChiUn Sta §12s. ... 2 113% Chi& W Ind cn 15, 15 70 cec 101 Cleve Term 51s... 4 102 Cleve Term gs..... | 95 Colo & Sou 4%s...118 823 Cuba R R 5. T 85% Del & Hudson 53%s. 1 D&RIDG impbs.. § i D&RG 1strl5s.. 14 4% Det United 4%4s. .. 1 85p Erie con ext7s.... 1 -103% Erie gen 4. 87 49% Eric conv 45'A 7 52 Erie conv4sB.. . 41 624 Erie conv 4s D, . B5% Gr Trunk sf ab 65. 103% Grand Trunk 7s. 1134 Gr North gen 7s. .. 1083 Gr North gen 5145, oty 914 Hud & Man réf 56, . 821 Hud & Man a; 5s 6014 11l Central 514s. ... s 101% Int Rap Tran 5s. .. 84 Int Rep Tr Gs stpd. Int Rap Tran 6s. . . Int Rap Tran 7s. .. Int & G Noraf 6. Towa Cent rf 4s. Towa Cent 1st 5% Kan City Ft § 4s Lake Bhore 48 '2% . . Lehigh Valley 6s. Louls & Louis & N Louis & Louis & oS Mo Pacific 8 Mo Pacific 58 6 Mo Pacific gnis. O Tex & M in 5s. Y Centgen 3%s. Y Centdeb 6s...." Y Cent deb 4 Y Centribs... New Haven c d 6s New Haven 7s fr. . NY W & Bos 44s. Norfolk & W cn 4s. Norfolk & W cv 6s. orthern Pac 3s Northern Pac 4s Northn Pacri6s.. Northern Pac 5s D. O Short L cn 58 '46. Ore Short L ref 45. Ore-Wash 1st rf 48§ Pennsyl gen 5s. ... 2% 78% 624 6% 3% 104% 89y % 59% 6015 3T% 91% 1084 59% 83% 105 981 101% 22 80 993 2044 108% 1081y 4% 674 B7% T4% 827 674 811y T t54 90% 4% Pennsyl 6158 Pennsyl gold 7s Pere Marq 1st 5s Rapid Tran 6s RIATk & L 4%, 29 StL&BFpldsa StL&SF prin 5s. StL &S F inc 6s. StL&SF5ksD. StL& Sadj 6s San A & Arn P 4s. w2 55% 44% 31% € 92u 874 8 941 6774 101% 56% 49% 924 €25 964 103% 81y 79 80% eab’d A Liref 4s. . eab’d A L adj 5. eab’d A L con 65 ou Pacific 45 192 Southern Ry gn 4 Southern Ry 6125 Third Ave ref 4s. Third Ave adj bs. Union Pac 1st 4s Union Pac 1st rf 4s. Union Pac ev 4s. .. Union Pac cv 8s Wabash 2d 5s. . ‘Western Pacific 11 Wisconsin Cent 4s. 26 TOTAL SALES (Par Value): 1lam.. 1867000 12noon. 3412000 1pm.. 4163000 2p.m.. 4989000 $1,062,000 BOND ISSUE ALLOWED The Interstate Commerce Commis- sion today announcéd its appréval 9314 | for the issue by the Tennessée, Ala- bama and Georgia Railroad Company of $500,000 in common stock and $1,- 062,000 fifty-year 6 per cent first mortgage gold bonds. The' company proposes to sell the bands at 90 per The stock, which is to” be seld at ‘887 | par, is expected to provide funds for 97% | etxension of the company's line from Gadsden to Odenville. Ala. The pro- posed extension is about forty miles. Autliority -to issue new stock and bonds totaling approximately $3,000,- 000 whs asked of the commission to- day By thé Erle afd Pittsburgh rall- road and the United New Jersey Rail- road and Canal Company, both sub- sidiaries of the Pennsylvania system. The Erie and Pittsburgh asked for permission to issue $1,280,350 in &pe- cial stock to be deilvered to the {Pennsylvania company for additlons and settiements made by the parent line for thée subsidiary bétween 1018 and 192: The New Jersey line sought author- ity for the issue of $1,824,000 general mortgage 41 per cent bonds, matur- ing in 197 PULLMAN SURCHARGE . ; RATE CASE UP AGAIN The Interstatq Commerce Commis- sion’s investigation into the prepriet; of the surcharge ratés on Pullman an parlor car accommodations went into its final stage today with the renawal here of hearings which were discon- tinued at Porland, Me.. upon the death of President. Harding. Indica- tions were that the presentation’ of statistics and legal arguments fela- tive to the 20 per cent surchHarge wollld continue for Beyeral days. e LONDON WQOL SALES." LONDON, September 5.<—A supeérior selection amounting to 13,543 bales wap offéréd at thé-wool auction -to« day. ere was a good demand at opening rates. ‘A few withdrawals took place due to the high prices asked by helders, 86% | 99% | Grain, Produce and Live Stock v P 6 M CH LOCAL WHOLESALE MARKET. Watermelone are still pientiful. The and for them is on the wane, I wéver, and it is probable that but few ‘additional shipments will be re- celyed. Prices are lower. The season for cantaloupes from the nearby country is fast drawing to a close. Very few small shipments are belng received, and much of the frult 4has lost its sweetness. Peaches aré still being received in large quantities.. The fruit. 18 ‘of eplendid quality, and. dealérs report prices ag being reasonable. Cling peaches for canning are expectéd to be received in the next few days. Such fruit was especlally scarce last season. Eggs — Sirictly fresh, selected. candied, per dozen, 34als; average re- celpts, 32; southern, 30. Live ‘poultry—Roostets, per 1b., 17: turkeys, per 1b., 25; spring chickens, per 1b., 30a32; keéats, young, each, 40a50; fowls, pet 1b., 27. Dressed poultry. chickens, per Ib. Fresh killed spting 34a38; winter chick- roosters, per Ib., 18; turks 35a40; Keats, young, each, 80. Live stock—cCalves. chofce, per 1b., 11%; medium, per b, 10all; thin. per 1b., 6a7. 'Lambs, spring, per 1b. imu; live pigs, 3.00a5.00 each; live hogs, per Ib., 9%. Green fruits—Apples, new, per bas- ket, 50al.75. California oranges, per crate, -5.00a6.50. Florida, 3.006.00. Lemons, per box, 7.00a8.00. ~Grape: fruit, 4.00a4.50. Peaches, per crate, 1.50 ‘-z 00; 1g-bushel basket, 1.00a1.50. Concord, 1.50a%00; Delaware, : Nlagara, 1.50a2.00. BleA—Néw potatoes, per .. No. 1, 6.0006.00; No. 2, 2.50R3.50. | New Jersey potatoes, bag, 1.50a5.00. {New sweet potatoes,4.00a5.50 per bbl. | New York lettuce, per crate, 1.00a2.00, Romaine lettuce, per crate, 1.00a2.00. Cabbage, per crate, 2.50a3.00; nearby, 175 per bbl. Eggplant, per crate, 1.50a2.00. Tomatoes, 3 bu. basket, near- by. 25a50., Beans, 1.50a3.00 per bbl. Peas, 2.5043.60 per basket, New York celery, per crate, 4.50a5.50. *Squash, 252 50. éppers, ~ per -crate, nearby, §0a75. Kale,” per bbl., 1.50a2.00. Spin- {ach, per cra 521.50, Home-grown lima beans, per quart, 20a30. New York cucumbers, per bushel, 3.00a1.00; home- ‘Erown cucumbers, per bushel, 2.00a3.00. Sugar. corn, per dozen, 16a30. GRAIN AND PROVISIONS. BALTIMORE, Md., September 5 (Special). —Potatoes, new, barrel, 2.00 a5.50; pounds, 1.25a3.25 | bushel, sweels and vams, i barrel, 1. bushel, 75a86; beans, i buehel, lima beans, bushel, 215a2.25; beéts, hundred, 4.00a5.00; cabbage, hundred, 5.00a8.60; earrot hundred, $.00a5.00; celery, dozen, 35a 75; corn, dozen, 12a22; cucumbers, basket, 50a76; eggplants, basket, 35; squash, basket, 10a25; lettuc 50a1.35; onions, hundred pound .50; tomatoes, basket, 25 ng stock, bushel, 55a65. barrel, 1.5023.00; bushe! { basket,'15a50; blackberric. it crat packi 1.00a1.2: quart, 1 1250; basket,' 25a1.00; damsons, poun [ 3a21%; huckleberries, quart, 15a2 peaches, bushel, 1.25a%10; basket, 1.10; plums, ket, a?h; W melons, each, 7a33; pears, basket, Selling Prices on Grain. No. red winter, spot. red winter, garlicky, N1 3 red winter, gar- 1.093; X spot, 1.0 licky, spot, 97 garlicky, spot, 937%. *Salesi-Bag lots of nearby at 93¢ 400 bushels sample grade winter, gar- Ticky, at 90. Corn—Cob, new, 5.00 per barvel: No. corn, spot, no quotations; track corn, yellow, No. 2 or better, 1.05% a1.06 lot of yellow, delivered, 2 Bales—Bag at 1.10.- Oats—No. 2 white, old. 491:; No. 3 white, 48a481%. at 1 cénit a bukhel less. Ryé—Nearby, 75a85 per bushel: No western_export, &pot. T4%; No. 8 rye. spot. 8% per bushel. Hay—FReceipts, 8§ tons. . Under moére liberal recelpts thd past few easiér, per ton. All heated or damaged hay. however, has to be 2o0ld at a discount traw—No. 1 tangled ry. 16.00; No. 1 wheat, 12.00a12. oat, 13.00a14.00. DAIRY MARKETS, BALTIMORE, September 5 (Spe- cial).—Live poultry—Spring chickens, 25882; Leahorns, 23a26: old hens, 20 a28; Leghorns, 20a22; old roosters. 15 Ducks, 17a23. Plgeons, pair, 20a2. Gulnea fowl, 40aéh. Eggs_(loss off) —Native and nearby firsts, doz,, 32a33; southern, 31. Butter—Creamery, good t6 fanc. 42046 prints, 46a4S: nearby, 35a40; adles, 34a35: rolig 31a33: store-packed, ’;flg‘"y prints, 31a33: process butte | CMICAGO LIVE STOCK WARKET. CHICAGO, September 5 (United States Depaftment of Agriculture).— Hogs—Receipts. 36,000 head: slow mostly to cents lowe good light, ._most decline; bulk good and cholice, 160 to 230 pound averages, 9.2529.50; top. 9.50; desirable 240 to 325 pound butchers large! £.60a0.1 most packing sows, 7.40a able strong weight pis. heavy-weight hogs. 8.30a9. 8.99a light, 8.20a9. }7.90a3.40: packing sows. smooth, 7.95: packing sows, F slaughter pigs, Cattle—Receints, nothing done; undertone ¥y lower on most killing classe s bidding 25 to 40 cents und Tuesday on beef steers, vearlings and | fat she stock; few early sales; light arlings, around 10.10a10.25; lobks 25 | cents off; some strictly choiced mixed | yearlings. averaging around 1,009 Pounds, 12.00: heavies, long fed steers skaring ~ décline; steers contingent, Imosl ives: hort fed kind in 1ib- eral supply: run includes about 1,000 \western Erassers. canners and cut- ters and bulls, 10 to 15 cents o | spots more; early trading on vealers largely steady; packers buying best Kind around 11.00, few 11.23 and above; outsiders, hard plcking, up to 12.00. : Sheep—Recelpts. 81,000 héad; slow; little done on westérng: killing stock mostly 25 cents lower: spots more; feeders generally steady; early sales Inative fat lamba mostly, 12.25: some held higher! three decks western fat Jambs, 12.75; cull natives largely, 8.75a9.25; §M and handy welght cies, BATES: fecding ewes gener. ally, 5.7506.25; most feéding lambs, 13.85a13.50. TODAY'S CHICAGO PRICES. CHICAGO, September 5-—Reports that Greece had bought 20,000 tons of durum and hard winter wheat for Septembef shipments from the United States was a factor today in causing wheat to average a little higher in price during_ the early . dealings. Firmness of Liverpool quotations in the face of yesterday's decline here caunted also as_a bullish influenee. On the other hand, saspensioh of busi- ness by a gfain company here as a result of financial difficulties acted as a check on buyers. ~The opehing, which varied from %4 {o’'% higher, with September 101% to 102% and December. 106 to 1061, was followed by a moderate setback and then something of a rally. Closing out of trades by an em- barrasséd: grain company had a_ de- pressing influence on corn and obats. After opéning unchanged to % lower, December 67% to 67%. the corn mar- ket continued to sag. Oats started at st decline to % ad- vance, Décember 394 to 39%. ‘and later shewed additional losse: and then recovered somewhat. Lower quotations on hogs weakened the proyision market. HEAT— Open High. Fr:‘;!mbnr . Lfi* 1.02 X -1y Low. 1051 % 5T D ber . +1.081 fay s L September October - .. TRS— 0. 3 red winter, | New oats are seiling | days the market for new hay rules ! at a range of 25.00 to 28.00 {5 & COMIARY | the Adirondacks light light, | ens, per 1b., 3035, hens, per Ib.. 30a32; | ver 1b., | | i i f | i } | 1 1, | care of its a18; cantaloupes, crate, 1.00a | nd. 14 jump to 15% on the § i 752 | Washington i i i | | | | stronge: CAPITAL TRACTION REVENUE SLUMPS Decrease of 316,011 Pas- sengers. in July Cuts Off $26,613. A decrease ©of 316,011, or per cent, In revenue passengers’ carried resulted in a drop of approximately $26,613 in net income of the Capital Traction Rallway Company during the month of July, 1923, the Publ Utilities Commission announced thi morning. Net income of the carric amounted to $40,271.99 during the month, n contrast with $77,385 dur ing the cofresponding month of last yéar, ahd with $125,099 in June. 1 Railway operating revenue dmount- £4 to $371,052 in the period under dis cussion, while in July of last year it totaled $390,591. While this drop con stitutes the major item of loss, it is not wholly responsible for the ad- verse showing. b Operating expenses of the carrier amounted to $261,149, which is an in- crease of approximately $8,000 over July of last vear, and deductions du ing the later month also showed 2 gain of more than $7,000, due to semi-annual payment of road lease which amounts annually to $12 Total deductions aggregated $3 Retail Trade Galns In D. C. The Federal Reserve Bank of Rich- mond reports an_ increase of 4.1 per cent in retail trade net sales in Wash- ington during July, 1923. comparéd with July, 1922, ‘while stoeks on hand at the end of Jul 1923, have gain stocks on hand 3 On_the othe: hand, stocks on nd at the end of July, 1023, have decrecased 3.6 per cent over stocks on hand at the end of June, 19 Percentage gain of outstanding orders at the end of July 1923, to total purchases of merchan- dise during the. year 1 amounted to 10.0, the report says. New Tre ry Jusue The new issue of Treasu indebtedpess is exp $300,000,000, to be dated ber 15 and run for a year or twe with the interest rate either 4%y « 43¢ per cent, according to authorfta- tive information. A definite announce ment is expected before the close the week, possibly on September The preceeds from this fssue anil the $300,000,000 expected to be ob- tained from the next installment ¢ come tax due September 15 wi more than offset the requirements of the Treasury Department in tak proachinz maturities Stock Exchange Lively. Comparatively heavy trading. with of Mer- featured on t change this of the type- oon. ¥ notes of ted 1o total from Septem- genthaler Linotype, Stoclc morning. But ten share setter stock were sold. Union Trust Com: brisk demand at Washington Gas in odd 1 ay preferre tock was 1 to 135, and was slightly 49%. Rail- unchanged at 15 nfined to fa ed prices: Bond trading was vorite issu at uncha Personnl Mention. Mrs. W. W, Spaid, who suffered broken collar bone in the Alps b plunge several weeks ago, will lea her hospital at Nice tomorrow and sail for home. probably on September {15, a cable to her husband said this mornink. Charles J. Bell. president American Securify & Trust pany. has returned to his institutior of the jafter a lengthy tour of the northwest and Canada,. Corcoran Thom president of the same ins Wil return about September 15 F. R. Milér, member of Crane. iar- ris & Company, has returned after a at Lake Pleasant, in vice- ution Mintmum August With the single commercial failures in the Un Btates for August are the smallest n number for any month in over two years, while the liabilities than those of all previou ilures. exception of July N ed ’lside from last June, since November, 1920, Co., As reported to R. G Dun the August defaults number 1,3 olv indebtednes T with 1,23 vencies for 188 in thus appears that the ugust fa ures, although abo 7 per larger in number than those of Ju show & decreasc of approximately per cent in the liabilit In Au- |ust, 19 there were 714 defau i for 10, Of the August insolvencies, 385 an indebtedness of $15.987.913 wit lcurred in manufacturing occupatic 858 for $13,124,649 among trade: forty-six for $5.222,160 in the divi embracing agents, brokers and ot} similar concerns. The manufacturi failures represent about 30 per cen of the total number for the mont! whereas the manufacturing i ties are equivalent tq approximately 48 per cent of the aggregate TODAY’S COTTON PRICES. Market Weak, Then Stronger After ‘Weather Report. NEW YORK, September —Cotton futures opened steady: October, December, 24.8, 8 March, 24.63; Cotton steady: 24.98; May.' 24.84, NEW ORLEANS, Séptembef 5. — Cotton futures opened steady: Octo- 24.12; December, 24.20: January. _22: March, 24.25; May, 24.18. Cotton fiitures, 11 a.m., bids Getober, 24.50; December, 24.57; Jan- uary; 24.52; March, 24.59; May, 24.49 The weekly weathér 'Feport ap peared rather less bullish than ex: pected, but a spurt of liquidation was absorbéd on setbacks of 10 or 12 points, and the market showed fe- newed firmness later on reports of &t firmer basis In the southwest and further trade buving. NEW YORK, Septembér 5.—Cotton futures closed strong—October, 25.51 bocember. ' 25.48 to ) to 25.25; March, 25.38. 26.80. bér 24.52 Ma; future Oetober, January, 24.68 bids i Decen March, teady: middling, NEW ORLEANS, Septem| cotton &tead: points highet. on the spot, 129 bales; to arrive, 100 Low middling, 24.00: midaling, 25.0¢ 0. ~Receipts 3.14% quiet; NEW ORLI September 5.— Cotton futures closed strong_ at ne gains of 78 to 82 points. Octoler 24.84—88; December, 24.94—96; Janu- 24.85—87; March, 24.96—99; May, BOSTON STOCK MARKET. BOSTON, September 5. — Following is & list of today's highest, lowest and closing prices for the most active stocks dealt in here: g Am Tel & Tel. Amoskeag 2 Arizona ¢ Boston-Elevated Low. Close 1245, 8 81y Wy 4R, Dayis Daily m 8§ F: Hood Rubber Mitican Mo . NYNH North Butte 0ld Colony Old_Dontinior Pacific Mills .. et Soe Srach': Shoe Mach pfd R Swift Internat g § Smelt pfd. Waldorf Wolverine