Evening Star Newspaper, September 18, 1923, Page 28

_F_IiANCIAL. NEV{{LORK STOCK EXCHANGE | BREAK N COSDEN K STOCK EXCHA MARKET FEATURE . |Am Ag Chm pt. . Close. 86 86151 Opeb. High. Low. 5% 8616 i 1004 % 16 124 20% as 57 Open. High. Tow. Close. ! 6% 5% ! NOrTex & Mex. 85% 64 64 N Y AlrBrake.. 364 1 145 | NY Alr Bri (A). 475 35% 35% | N'Y Central, 100% 32 82 | NYChi &St 2% #0Y% | NY Dock 16 90% ' N\YNH&H: 124 22 | North Ame: 20% 6% 3 Nerth Am pf 4 223% { North Pacific. 574 Ajax R 101% 2% 17% 125 20%s 44 8 99-30 933 98-4 98-28 98-5 FINANCIAL ON NEW YORK i Shales ot i3 SLOM) . . . | BAIROADS, ! LOCAL WHOLESALE MARKET. UN SMA“. SGAI.Bmmu‘i"-’E&S.‘.I"‘S:;‘?fima-. : T U | e Stricdy tresh elected. can . 99+25 » turk: r ib., 30; spri chickens, Liberty 3 1-2s Turn Upward. |Lip1st4ss. . 12 T aduse; lieats, Souns, [Latest Treasury Call Reveals Dressed poultry — Fresh o ————— ’ 7= T Grai ! 'TRADING IN BONDS | BONDS 7o saasce] Grain, Produce aud GAIN N IFPOSITS Received liy Private Wire Direct to The Star Office. 3 Fan lee Stoc ' BY I-nc Al B :le :::Tpm :Ll.n m;‘u“-' .'L‘;.m “p-'é%".fi;fé’?“—"noo.ur.. per 1b.. 15| ‘ 982 per 1b., 28a32; keats, young, each, 502 {::: gg :fi' 145 982 60: fowls, per 1b., 24a26. Eilled L. 261 | spring chiciens per 1b. Stais: roost: | - Surprisingly Satisfactory 98-25 98-3 99-21 1241 | Lidb4th 4%s,. 343 251 Pierce-Arrows Gain. ‘Us“ill’u.. 22 Sinclair Ol Also Tumbles to|Am Besencs:: 1 Am Chain (A). ... Am Cotton Oil.. turkeys, per 1b., 35a40; keats, young. | Am Bosch, . ’ { Am Can. New Low—Rails More Active. { & Drusgie. i AmIce pf.. . AmInternasl. | Am Linseced 15.—The | Am Locomats Am Radiator. Am Smelting. Am Steel Fdy jAm Bugar. .. BY STUART P. W Special Dispatch to The Star. NEW YORK, Sgpteinber market showed again today a dimin- ishing sensitiveness to weakness which continueéd in a number of the ; otz { Am Sugar pt. .. The support in Cosden, which 1\adm:;:’.‘= Teleg. appeared so plainly for weeks ar8und 4 am moba (85 - :9 and 29, having at length proved | Am Tob pf (n).. ‘ineffectual. the stock was offered | Am W W 6% pf. Aown on a large volume of trans-|AmWoolen..... actions until y - |AmWritProt.. it dropped below 2.} Zinokrapf. Persons regular who had’ insisted that the |anaconda...... Aividend would be declared | A#50 D Goods. at the meeting late in the week were ! AssoD G & »dmitting the likelihood that the | Atchigon present $4 would be cut in two. Sin- | Atchison pf ' clair was another oil that made a!atlan Cat Line new low, the statement for the SIX! ay] Fruft otfs months having made it seem virtuaily | a (TS« sure that the dividend would go by ,qy i B & 1 At Gulf pt. . e ~ | Atlantic Ref. Heavy Short Interest. | Sustin Nichod, [o discussing the immediate market ! payguin zoco. .. position much was made of the un-!Balgwin Loe pf. usual size of the short intérest. Not | Balto & Ohlo... only have professionals been ranged | Balto & Ohfo pf. on this side almost exclusively, but | Barnesdall (A). outside speculators have been trad- | Barnesdall (B). ing the same way. The danger of the | Beechnut Pack. short mccount becoming overcrowded | Beth appealed to experienced operators rather strongly, 2ad made them cau- tious about putting out fresh com- mitments. Some signs of returning interest were noted in the rails. New York Central at one time was up nearly a point. Northern Pacific and Great Northern preferred had moderate advance. Southern Railway was hought partly on dividend talk and partly out of respect to the great ris I cotton. | Central Leath. Southern Looks Better. Cent Leath pf. There is no doubt that Som\m-n}cfl-rna.Pucm Railway would be warranted, as earn- | Chandler Mot. ings.as now going, in beginning di !g:::‘:}{‘g;‘w . dends. n | Chi Great W pr. Strength in the sugar stocks was | ChiMil& StE. ostensibly merely the natural rebound | Chi Mil &St P pt after - last week's violent decline. |Chi & Northwn. n Rap T 1p. Brown Shoe. ... Burns Bros (B) Butte Copper- { Butte & Suprr. Caddo Oil Calif Petr. | Calit Petrol pt.. Callahan Zinc. . Canadlan Pac. . 4% | Onio Fuel Sup. . 23 | Oklahoma Prod. 88% | orphenm Circuit 81% m:- Steei. . Otis Steel pf 37:0 Owens Bottle. .. 8% | Pac Gas & Biec. 561 | PacificOl. ... L | PacT & Tel pf.. Pankard Mator. Pan-Xm Pete. .. Pan-Am P (B).. Parrish & Bing. Tennsylvania. .. Penn Seabd Stl, People’s Gas B Pere Marquette. PhilaCopf..... 624 4 143% 1015 62 | 824§ Pierce Oil.... Pierce Oil pf | Pitts Coal pt Produc & Re! { Puhb Ser 4 Pub Serv $% pf. . Peliman Co Punta Alegr Pure Oll. . ] Railway Stl Sp. Rapld Tran Sec. Rap Tran Sec pf {Ray Con Copper Reading.... Reuad'nz 1st.pf.. | Remington. .- .. Replogle St Replr & § 2 RepIr &St pf.. | Reynolds Spr... { Rey Tobao (B).. Royal Dutch.... St Joseph Lead.. StL & Sen Fran SLi.&San Fr pf. St L Southwn. .. St L South pt. Savage Arms. Seaboard Alr L. Seabd AL pf... Sears Roebuck . ars Roeblk pf. eneca Copper. . Shell Tr & Tran. Shell Union. . Shell Union pf. i Simmons, 863 ] 964 8715 110 15 14 2% gon | 2 115 us 47% | Sinclalr Otl. 32 1% 17% 84 49 a5 80 828 24 127 565 32 1% 17 8 A9 42 : - 99-23 Rails More Active. | FomelaN. . H Argentine 4 F 5 DA Austria 7s. 31 BY GEORGE T. HUGHES. k- 425, | Bvecial Dispdteh to The Star. | Belgium 6x. Sl 279 | NEW YORK. September 15.—Trad- | Belgium 8: 15 a1% { I8 in the Lond market was again | BernSs... 84 {on a very small scale today. n Among United States government | loans the feature was the recovery | Brazil 7 A in the tix-exempt 33s which have | Canads 5%s1929. been steadily losing ground. -The (CanadaGs19s1, third 413 ~were a little higher at|Canedaselda:. 90 lone time. While dealers and trad- | Chiie ga 1941 44 |ers are skeptical as to any immediate | Chile Ts 1043, ., 16% | Improvement in the market for prime | Chinese Goy Ry 20 |investmentr there does mot seem to ;ggg:n‘h,!:'" 53 18!4{ e any substantial liquidation in n"s;(:uba. B wl. {group. ! Czechoslovakia ss. 70 20 aSercatioSafaton Tuil Issmes More Active, | Deaasitss Among the railroad issues there!Denmark 6 was considerable activity in St. Louis: Duteh 16 3 and San Francisco income Gs. Inter-Dutch East16s'47 est on thig bond is paid annually on | Dutch BastI6s'62. October 1. six points coming off the | Framerican . Although interest requir this issue have alw 18% | been earned and paid, it_sells to T iturn over § per cent. Seaboard Air sl 16% | Oc! rice, 102 |Inents French Govt $s. | French Govt 7%s | Haiti 6s x irn o Holland-Amer ¢s Line 6s went a little lower, while the | Ttaly 6345 1925, adjustment Gs were fairly firm. Mis- | Japaness 1st 4 | souri, Kansas and Texas adjustments | Japanese 2d 41 were steady {Japaneae 4., Run-Up in Pierce-Arrow Ss. iJergen U M 6s ! Among the industrials the feature|Lyons s {was a rup-up in Pierc about a point and a balf, with con- | jsiderable activity. These debentures | vere offered last February to olders, and have sold as low and as’ high as 82% this 3 At the,pfsent price, around 76 eld about 11 per cent. U. 8, Rubb e { 58 were lower and Ameri:an Chain Gs : Queensiand 7s.. !a little higher. Wilson & C Queensland s also lost fractionally. Sin and 6'is were leavy. in sympathy |Sao Pavlo,State.! with the stock. Except for a slight | Seine, Dgpt of. 7s. loss in Cuba Cane Sugar 88 there Was Serbs Crotes Slo § little ‘doing in the sugar issuex. Solssons 63, Foreign Group Stemdy. Sweden Gs..... French and Belgian bonds were ve- Swiss Confed $s markably steady. considering all the | T9Kio 3s.. uncertainties of the situation abroad. {The murket quotations for foreign| bonds seem to be indlfferent to flu: e 10 sa%ua therlands 6s. \Norway 6s 194 Orient Dev deb roes ~2alaa 80 665 Sales. High. 17 jo14 88Y% 1005 10415 14y Low., 1ol 87% 110 10115 109% 4 1041 lll".l 13 v 9% 2% 6% I £6% 87% | | Canadian North 7s. Canad North 6% Canad Pac deb 4s.. Car Clineh & O Gs. . Car Clinch & O 6s.. Central Pacific 4s. Ches & Obig cv 53, Ches & O cv 434 Ches & O gn 4% Chi& Alton 3 Chi & Alton 3%s. .. Chi B&Q.gn 45 '58. Chi & E Tl gn b: Chi Great West C M & Puget 8d 4 Chi M &SP re4 Chi M&St P cv 5s Chi M&S P cv 4%s. Chi M&St P 4s"34. . CM&StPgn4tis. {ChiRys Ge 2 {CHIRL&P gn 43 23 |ChiRY& Pacrtés {Chl Un Sta 4325... 169 | Chi& W Ind cn 4. €6 | Chi & W Ind 74%s. . 9%, | CCCRSCLre6s A.. 96% | Cleve Term §%s. 8% | Colo & Sou 41is. 8§77, { Cuba R R s :2".”)“ & Hd 1streds. §43% | Det & Hudson 5155 %D & Rio G jmp 5s Imn&mo,ccnh. R % 0%} {D&ERGIstrfas 4ar | i Erle Ist con 4s. . 57 49 {Brie gen 4s.. 51% 51% | G4lg uz 108 97 831 818 Close. 014 8740 100% 9614 100% 109 78 80% 95'% 101 100% 100 88 10314 103% E 42% L 81 2 © routBuneBuiSelsacaSte ~aa ——— & i Iirio convds A, . | rie conv 4s B | Eric conv 4s D . | Gr North gen % | Gr North gen 5lix. 9% | rTavana BRLEP s 89'4 ) Hud & Man ref Gs.. 72% { Hyd & Man aj 5s. .. .sv.i;n Central 5% s | Int Rap Tran os. 1oges | Int Rop Tr 55 stnd. 93 * | Int Rap Tran 6s. o8% | Int Rap Tran 7s. 851 | Int & G Nor 3] 65 &7+ | Int & G Nor 1st 6s. S0 | Towa Centrf ds. ... | Kan City FtS4s... | Kansas City $3n.. Kansas City S 5s 1501 | Lake Shore 4a ‘25, Tote, | Long Tsland rf 4s. . Louls & Nash 51,5, R 113% {1.50a3.00; % {1.00. each, 70a75. Live stock—Calves, choice. per 1b., 11; medium, per 1b, 10a10%; thin. per lb.. 6a7. Lambs, spring, per I 13. Live pigs, 3.0025.00 each; hogs, per lb.. 9%. Green fruits—Apples. new, per bas- ket §0al California_oranges, crate, 00a6.50; Florida. Lemons, per box. 6.00a7.30. Grape- fruit, 4.00a4.50. per crate, Grapes, Coneord, 1.50a2.2 1.50a2.50; Niagara, 1.50a2.50; Colorado ::2?2 , standards, 2.00a3.00; flats, 75a Vegetables—New potatoes, per bbl., No. 1. 4.50a5. live | I No. 2, 2.00a2.59. New | Conditions Here. Preliminary reports received from accessible representative Washington banks teday indicate that local in per | 2004600, | stitutions will report a gain in de posits for the current call for state ment of condition as of the close of Lusiness September 14. The call wa received this morning The favorahle showing of lected institutions came as a dist surprise to many Who have been fore the se- Jersey potatoes. round. per bag. 4.00a {casting a huge drop in depoeits 4.25; New Jersey, giant potatoes, per bag, 3.00a3.25. New sweet potatoes, 3.5024.00 per bbl. per crate, 1.00a1.25. Cabbage, north- ern, 2.00a2.50 per 100 lbs., nearby. 1.50 al.i5- per bbl. Lggplant, per “cra 0021.25. Tomatoes, 1i-bushel ba nearby, 40a1.00. 1.30a3.00 New York cele Squash, 7 per nearb; bbl., 1.0021.50. per quart, 20a3 bers, per bushel. 2. corn, per dozen, 15a30. GRAIN AND PROVISIONS. BALTIMORE. Md., September 15 (Special). — Potatoes, barrel, 1.25a4.50; 100 pound: pounds, 3.00a4.00. Sweets ¥ 3 barrel, 1.25a3.00; basket, 25a50. Beans, bushel, 50a75; lima Dbeans. bushel, 1.50a2.00. Beets, 100, 4.0026.00. Cab- bage, 100, 5.00a10.00. Carrots, 100, 4.0026.00. Caulifiowers, hamper, 2.00a 3.00. Celery, dozen, 25ag5. Corn dozen, 18a25. Cucumbers, basket, 1.25 22.25. Eggplants, basket, 30a40. Let- tuce, bushel, X Oniong, 100 2.00a3. Peppers, basket Squash, basket, 15a25. 5a50; packing stock. b Turnipes, basket, 50a60. s, barrel, 1.50: 1a40. Cantaloupes ; basket, 25a50. Crab. . Grapes, basket, 60a90. . bushel. 1.50a2.00. Peacies. 1.0022.50; 50a; bushel, 1.50a3.00; bask: Watermelons, each, 10a35. Selling Prices on Grain. winter, spot 2 red garlic] To- Pears, red winter, spot, 0. 3 red winter, garlick: sheu, | New York lettuce. { - | Fas been most inactive. { 1 0: bushel. 50 | i Factors contributing to the in- creased deposits shown include fact that the investment market. lo- cally, for the past several months Besides, the government has seen fit to leave va .| sums arising from the sale of Trea: ury paper on deposit with Washing- ton banks, the calls for these monex« being few and far between. The) t00, it will be noticed that the call coming on the fourteenth of the month. will not include entire pa: ment of the third installment of i {come taxes. Riggs National Bank will be the lead er, with a gain of approximately $2,%! 000 over the previous call. tional Metropolitan zained $648,750. the Washington Loan and Trust Col pany_increased by -$590.623. The ond National is reporting an incr: of $403,551.30, and_the Columbia a of $205,161. The National Savings and Trust Company cnjoyed a gain of 2 189, and the Me: Bank and T: Company zained $306,337. Gains were also shown Mechanics Northwest Sa N Losses aggregating about $1 were reported by the American Securitv and Trust Compauy, the Federal-Ame ational, the Liberty and the D. Party to Attend Conventioa. Howard Moran, secretary of the L. trict Bankers' Association, reports that o far as he is able to ascertain, {party of thirt-five will compr ocal delegation to the convention of th American Bankers' Association, to © eld at_Atlantic City, N. J., Septembe 4 to The list follows: From the Amer ican Security and Trust Compan ‘ A ] American Can held up most of the | ChiPneu Tool. “‘9"11 session quite well despite the state- (ChIR I & Pac H ment by well informed persons that|Chi R I&P 7% pf 1o change in the divi is ¥ atChile Copper. .. the September meeting and that any | Cpino Copper. extra_distribution will not be made ! eb GERT until December. | hca e g Among industr n | Goga-cols. stood out prominently wer | Colo Fuel States Cast Iron Pipe. New York : Columbla G Brake and the American cotton oils. ; Columbia Grapk | Strombg Carb. Buying of the cotton oils was due to ,Col Graph pf.. Senisbaker the favorable construction placed in Columbn Carbor 3 | o A some quarters upon the reorganiza- | Com Solv (A). 3 | Supesionon i Loz cpiey {Sweets Coof A.. 14y Cant Iron Pipe Strong. { The stocks of the United States Cast 60% | Tenn Copper... 9. Iron Pipe were strong, reflecting the Texas Company 40', unusual carnings of the company and Tex Gulf Sulph. 55% rhe success with which the De La- Texas & Pacific. 203 vaud process is being used in_the |Tex&PC&ON. 7T manufacture of pipe. There has been | Cosden & Co. {Tide Walter Oil.. 93 talk of dividends on the common !Cosden pf 804 | Tituken Bearing 364 stock, but well informed people do not | Crucible Steel. . 607, | Tobacco Prod... 51% rk for a distribution at least before : Cuban-Am 26:, { Tobacco Prod A, 81 24, In the first eight months of the ! Cypa Cane Trans < vear the corporation’s net Drofits|Cupa Cane S pe. vere gver $2,000,000 and are expected | Supay Dom'can. i to rech ppr 13 $3.000.000 for the | Cupal POINTED: s2is 28% fuil twleve months. It is calculated ; o ity that by means of the De Lavaud pro- | Cuyamellru €0 | Cnion Pacific. D 49 | United Fruit cess United States Cast Iron Plpe is able to make a profit per ton of about ! De Geers. . ... 21% | United Ry Inv.. $10. | Lel & Hudson. 108 | Ttd Ry inv pt New York Alr Brake Takes Up. | D Lack & West. { TS Cast I Pipe. New York Air Brake was in de-;Detroit Edison ;USCaaur Pps. mand in anticipation of favorable; Dome Mines. S Food Prod. dividend action at the meeting sched- | Dupont (i3 1) S Hoffman M. uled for Wednesday. It has been rumored that the dividend would be raised to a $4 annual basis, as com- pared with the current $1. However. some take the view that a desire on the part of a few of the directors t be conservative will result in the dec ation of lass than the $4 rate. Earn ings are running at about $7 per share. it w of the other Louis & N s 2603 spot, . 4 red winter, garlick: o | Charles J. Bell and B. F. Saul; Ana- {costia Bank, Mr. and Mrs. Maurice {Otterback; Bank of Commerce ar H ings, M. D. Rosenberg, J ordon and C. E. Riordon; Co Wade H Miss Mary J ational, Robert per rmers and_Mechanics 3 tioral Bank, Harry V. Haynes: F National. tuations in exchange rates. The Lon- market is much more sensitive (o} exchange quotations. | Sinclair pt | skelly ot 57%; Sales— £3% | bushel. £1%, _Corn—Cob. . 2 corn, yello !Manhat Ry cn 4s. ket St cn BIRy& L tLrfex 5e 1011 MK & T 1st4s.. 16y MK &Tprin s 164 . MK&T4sB. i IMK&T6sC, . MK & T adj os. Mo Pacific 6s. Mo Pacific gn Montrl Tm 1st 5s. . New Or Term 4s. OTex&Min & Y Cent deb 6s 90 Y Centris ¢ o Am Chainsf6s'33. 14 97 o Am SmIt&R 1st 3. Ams 2 Am Sugar Ref 6s. AmT&Tev6s.. AmT &T ol tros. AmT&Toltrd Am Writ Paper 6<. Anaconda cvdb 7s. 46 Anaconda 1st 6s. .. 30 Armour & Co 41is. & Atlantic RefinSs.. 12 Barnsdall s 185 Bell Tel Pa Beth Steel 5 Beth Steel rf 55 Beth Steel pm Gs. . Beth Steel s f 6s Brier 118t 15t § uth Pacific. ag lots of nearby at 92 per Southern Rwy. . {Southiern Ry p*. t O] of Calif. .. Stand Of of N J. StOoflof N Jpt.. tewart-Warne: & i th 35 COTTON AGAIN GOES . TORECORD LEVELS Exciting Advances Take: Prices to Highest Mark Reached This Season. new. 5.10 per barrel: pot. no quotations; track No. 2 or better, 1.06a al specialties A 6 Oats- B4 E . 3 white, ne 650a . 101% rew, 4 . 47 asked. earby, 7583 per bushel; No. | rye, spot, 711 per bushel £} | Hay—Receipts, 146 tons Under } £9%4 'neavy receipts tie market for timothy 73 and light mixed hay rules easy at] Walson; tiona! Floyd 7714 {24.00 to 27.00 per ton. Low gradesiDuvis and Aibert S. Gatley: Nationa! 104 . and damaged hay are being received | Metropolitan, George W. White and H 4% |in considerable quantities and are of | C. F. Jacol Northwest Savings. %% | N Y Centen 4 7815 { uncertain value. Francis M. Gregg C. Burn: %N ¥ Cen LS el 3%n. i Straw—No. 1 tangled rye. 15.00aand Dion ; Riggs Nationa) 90 | NewHavenca b {16.00: No. 1 wheat, 12.50215.00; No. 1{ Joshua and George. » bl e oat, 13.00414.00. vass; 2 3 w Haven 7s fr Joh ° B TR TP International Walles Natio | Cons Gas of NY ; Cons Texti) {Cont Can. | Continental Mot {Corn Products. . rd | DAIRY MARKETS. nd Commercial Bank. Mr 89y | JBALTIMORE, Md. September iJulius 1. Peyser and Jerome | (Special). — Live poultry pring | lander; Washington L and 108 ' .hickens, 25a30; leghorn: Company, John B. Larner and 59% | hens, ieghorns, iam H. Baden: Washin, £3% | roomters, 16a16; dUCKs, ings. Izra Gould. guinea fow Stock Exchange T Loss off: native e firsts, dozen, 38: southern, Butter—Creamery; : pound, 4bad prints, creamery, 35a40; ladles, S 31a33; store packed, 31; dairy prints, 131a33; process butter, 38a% sh T Bldg 43 '60. Norfolk & W cn 4s o de Pasco §3 €hile Copper @s. .. “ommonwth P 6s Con Coal Md Ist Gx Cuban- Am Sug §s. { Union Ba. ! Tnion 031 By the Associnted Press NEW YORK, September {cotton murket showed couti tivity and exc ent duri learly trad The politial from the near cest had rather an w effect on sentime —The pued ac- toduy” orthn Pacrié€s.. 7 orthern Pac s D. 104 o the e today. {sold’ to the estent of 1160, and the latter sold upward 19417, a total of twenty-three =ertifi- A . o = tcates changing hands. CHEC SO TR ST e e I Washington Gas stock was slight! CHICAGO, September 18 (United |stronger at 487, and Lanston was States Department of Agriculture).— |strong, but unchanged at 74. Ten Hogs—Receipts,. 27,000 head; slow.{shares of Washington Market stock {mostly 10 lower; early sales steady sold at 43. ito 10" lower; ‘buik good and cho‘ce! Trading in bonds was restricted to ¥6% { 160 to 230 pound averages, 8.90a9.10: |favorite utilities. Railway General 6s 8% top, 9.10; desirable 240 to 340 pound jsold at 9%, the 4s of the comapny 74% ! butchers. $.40a8.85: packing sows, lat 7 %.7.40a7.60; desirable strong-weight .brou killing pigs. 7.50. Cattle—Receipts, 11,000 head: most lasses generally i o pacisrs, GETS LARGE ORDER mh‘: 'Americin ‘Works at Richmond Will ulls. 4.50a. 3 | feeders, 6.00a7.50. Run on Full Time for Many Months. Dery (DG) T . Det Ediron ref 63 Diamond Mth Donner Steci Du Pont de N Dugquesne Lig] Empire G&F 7% Fisk Rubber §s. ! Gen Elec deb 55 Goodrich §1:s. .. Goodyear S8 1921 Goodyear 88 1941 THershey 6s 1942 Humble O&R 51 Tllinois Bell 1st Indiana Steel Int Me= Marin I 1031 0 PO SRTTR T T attracted heavy reaiizing. also increased southern b but the heavy offerings sorbed by a further adening of general trade and col ssion house ! demana, which soon sent the price of ctober i .65 nd Exchange Buffe 20 | D8 Seel o October contracts up 1o a nuary to 28.69, or 40 to 42 points Famous P'lavers 70 | Utah Copper. Jn‘ s i E:dM‘HeS&\: 2 i | S ZEchuIe. : 2 s L"Il e‘:lmr.'md was stimulated by the St D 17" | Yanadium Corp. continued trensth of Liverpool under | Baaks Rubber 170 {va-CarChem. .. Dollish weather und crop advices from Eiflcubb, - 4; | Ya-CChempt.. the south, whilo there \was o buy- % 2 | oo S on roports of an advancing bas recport Texas. Vivadou. ing on reports of an advan | Wavash, Foundztion G, or rades of \white cotton in the e / Wahash pf (A). southwest and difliculty in filllug spot Tk Car Jash pE (A). jGen Am Tk Car ek ! commitments. E:L‘Q:‘;K:ié‘p: 8% Web & Heilbrn. : “l’.llgul;;l 1::-\[:. D::]::.:.; 5 80| Went Pae pe New high levels for the season were 105 | westernMd. ... made ip the cotton market today on il | yamy = a continuation of the buying move- ! Gen Motor g T B s etan g | ont wased on unfavorable weather { Gen Mot 6% deb. $1%6 | e s Bris. . conditions in the belt. Further com {Gimbel Broa pt. Al el | Dlaints of excessive rains in Te | Glidden. . 7" | whitedotors .. % {and Oklahoma were Goodyesr pi. 1 Gt Northorn pr. «Great Nor Ore MARKET CLOSES HEAVY. Julf3lo&Nor a Hanua (M A) pf. Whole List Off Fractionally in Late | garuvan Corp. . Hayes Wheel. loln Tendee Mfg. ... By the Associated Press Housey'd Irod NEW YORK, September 18.—Weak- (Houston Ol . of the 'low-priced oil shares, | HiCaul SO which declined 1 to 4 points, and rela- | Hupp diotors. tively good support for the usual:{ljinoisCentral leaders were the contrasting inci-ijngiahoma.... dents of today's stock market. Barly | 3naron‘pogning. advances of 1 to 2 points In some ! 000 oy instances were canceled later when | BoPURL O | pressure against the cheaper oils be- | 18 E | came more intense. Sales approxi-; b mated 650.000 shares. l“““”"""“?“ %RAw SILK jUMPs Heptember 13, Failure of | lnt Harves: support to materialize for the woil jint Mer 2Maring. | i 413 December 15. 192 1 i i . | Sug Est Orient 7s.. 145 Board Members .luuch Higher P?‘lce.s Quoted as Sus: } ey Blec Pow 6. o { pended Trading Is Re- “i { which extended their losse!.‘llnlnflarinv we. aused the romainder of the list to imt Nickel. 1Union k.7 & Pes. 164 | Take Up Actua! Manage- sumed Today. + ment of Bank Affairs. 108 | Pennsyl gold s. 104 | Pennsylcon 4iis.. 925 | Peorio & E inc 4s. 10213 | Pere Marq 1st 5 i Eaton Axle & Sp | Elec Stor Bat... ! Endicott-John were ab- 101 | Rapid Tran 6=. 995, ; Reading gen 4s. 102 (RIArk& L4 St LIM&S R&G 4s. {StL&SFplisa.. StL&SFprinds. StL&SFincés. .. St L&SF3tksD.. . was rie 2dpf...... 4| U S Steel. . noticeable that while most % ana 101 oils were under severe pressure, the two members of the Standard Oil group Gealt in on the stock exchange—the New Jersey and the California companies—stood up comparatively well. The story w «ll_over the street that certain oil men-kad lost heavily on the short sidé of cotton. and that thir was one of he reasons for the oil stocks being pitched over. | Prices Lowest at Close. The selling did not abate with the eourse of the afternoon. Stocks like Cosdén, Sinclair. Phillins Petroleum and Texas Company made their lows in_the late dealings. The weakness in the oils was suffi- cient to discourare uny attempts to continue ghe earlier bu'l operations in specialties. . Int Paper 1st G B. i Liggett & Ayr Jggett & Loriilard (P) 5s.. { Marland Ol 8s °31. Mexican Petro! §s. Midvale Steel &= ontana Power 5s Morris&Co 1st 4 { Nat Tube Ist 53 ng Tel 5s s 13t 67 NY Tel 3341 N Y Tel 6549, NY Tel ¢ N Am Ldison i X' States Pow { Northwst B Tel 7 Pacific Gas & Pacific T & T Pan-Am P Phiic Co vet Phila Co 5%s ! i ! Producers Public Service 38 : X Punta Alegre 5. 5 auars et s&CostTs St 1,S W con 4s San A & Arn Pds.. Seab'd A Liref 4s.. ab’d A Ladj is. . Seab'd A L con 6s.. 17 974 8a 9505 L 101 Sheep—Recelpts. 25.000 head: {fat lambs steady to 25 lower \ heep and feeding lambs stead) i Sou Pacific 4s 1 o 13.85: mgsz “nativ Sou Pacific ref 4s. . i1 top ‘to city butcher. | Sou Pacific clt ds.. 54 choicé fat light-weizht ewes, | Southern Ry 1st &s. 60-pound feeeding lambs, 13. { Southern Ry gn 4s. 97% | Southern Ry 61s.. | Sou Ry Mobile 4. . Third Ave adj s Union Pac 1st 4s o o Lorna-8n8n8 1074 81 581 20 50 o b . indicated that & q 5 : ve slowly moving east ard into the At ho or the session pr & 615 TODAY'S CHICAGO PRICES. CHICAGO, September 18—In sym- | pe the Associated Provs. 50% | pathy with corn and as a result of ! " mrepnvorny PO S per 18 i {frmness of values at Livernool. the {orders for the consiruction of twents- Union Paccy 4s... GO A R B e T, e Mikado type locomotives for the TUnion Pacev 8s... 1031 { Ward tendency today d lr|rmx ‘t n; “d“ Y { Missouri Pacific railroad and four for Wabash 1st o8 3 o35, | dealings. Bellet that {rost had done. ihe Temnessee Central rallroad have 4 | Western Md 4 o o | considerable damage to (e new O been placed with the Richmond plant | Western Paciflc & 75 | the of _bul '5“.'“‘{"‘ 881,¢ the American Locomotive Com- | West Shore 1st 4 f%° 73t corn, and with weather continuing . pgny, it was announced today. ~The { ¥ 78 !unfavorable made scllers of wheat in-{gngines which will be turned out at TOTAL SALES (Par Value): jclined to be cautious dccordingly ne rats of four a week 2000 {Wheat business was small, and the | tho f2t% OF TRt & WEEC 222 {market easily influenced. Opening ' Ghont $§6.000 each. 1610000 h al $80.000 - which varied irom unchanged The plant now at work on to haif cent higher, with De- yjzijet locomolives for the Kan = 10 BORY i wear. S7% { City Southern und two mountain - 8. o 3 [ ich . Frederic Saina and then something of a reacs | SiEines (oL the Rl o e and !tion. orders of the Missouri Pacific and Corn was_stronger than twheat.| Toiiesece Central will keep the force fter opening !3 to % up, December:or 4,600 men working at full time for reported the central ito 35 points, Octob ng to 28.90. Today's Closing Quotations. NEW YORK, September 18.—Cotton— | iy { Spot, qniet; middling, 25.75. Cotton f ril ture<*closed ea o | Decenube ALES OF STOCK { March, 2 H vs-Over! pr. Wort crop was Worthigton (L). 13 Bt 4600 241, 18% 10 Cail Money HOURLY 11aam., Tpm. i 1V 5 | 1pm.. is U. S. TREASURY CERTIFICATES. {(Quotations furnished by Redmond & Co.) ——Noon.——— Diter. urg and Potomac railroads and the | Stnclair Ol 7s | Sinclair Oil 632s. 9964 110264 1015 <ell off fractionally in' the late deal-! ings. e BOSTON STOCK MARK 111y | BOSTON, September 18.—Fol! *7 | is a Ust of today’s highest. lowest ax 16 | closing prices for the Tost active stock L01s; ¢ dealt in here: il S 5 ¥ 15 1 ARD- 31y 131 | September 80" 80" |October . it 5 Boo1n i anvineible VIl { 1sland O iJones Tea | Hezusas City Kansas C So pf. Kayser (Juiius) California Packing Corporation an- | ielly-Spr Tire.. nounced it had advanced its prices on jéiennecort. canned goods, increases ranging from ! Aevsionelir 5 { Lee T & Rubbe 3 zen. e e 5 to 10 cents a dozen. At the same fLee & FUbRC time the concern has withdrawn sev- { FEUIH Y- eral lines of goods from the market. | Losws Inc. The raising of prices is said to be due { Loft Inc 3 1 active demand along Wwith a reduced | Loose-Wiles. California fruit pack. | Larntierd (P) Grucible Steel declared the regular ! Mack Trucks... quarterly dividend of $1 on the com-|Macy Co.. men stock, payable October 31 to !y ol ioi ' ey’ stockholders of record October 1 s 2y Barnet Leather declared the regular | Fhi e quarterly dividend of 1% per cent on ; Manhat Shirt.. the preferred stock, payable October ; Market Stprior. 1 zo stockholders of record Septem-jMarketStR 2d.. her 28. | Maziand O, Brooklyn Borough Gas declared!3arlin-fockwi. the regular quarterly dividend of 50! 3arin-farry .. cents, payable October 10 to stock-! aathison AlKIL. holders of record September 29. Mazwell (A)..o American Window" Glass Machine | o¥V 0 sore dcclared regular quarterly dividends|yefi ove Por. 5 i §7%, the market continued above ves- | ceveral months. 16 ber and later remained firm. 3% i Trovisions were steady in line witn | 00 1g {tne hos market. { Decembe: Rk 1024 | i o 8 107% |Question Finally Referred to Com- @ | %, mittee at Meeting in May, § oA City Club. finish. NEWCOMERS DISCUSS started i3 to 3: higher, Decem- | DISTRICT BOND ISSUE September ... 98T % s .. iReserve December Market Flashes at Today’s Close i | USSteelsfos. ; | Gtah Pow & Lt 5. | Specia! Dispatch to The Star. | Vertisntes SUE 78, i NEW YORK, September 18.—Raw| {4 CarChem is. The Feder: : Lt « 30 to 50| Va-Car Ch 714 he Federal Advisory Council went |€ilk opened at advances from 18 | further today into its discussion. be. {Per cent today, when quotations|iverner Sugar7s 5 0% 4 i ton. be- | ere resumed after a cuspension of | ¥West Union 6%s. 65 Ges, | EUR At the opening of the fail session | WX TP SO #, Ul om | Westinghiou Goe i PEE e Uana yesterday, of the problem of handiing | ¥ ¢A™Y J Wiekwire Spen 7s. Copper Range . : : . lz;z,hank checks on- a. basis t ‘.':f,.mc Japanese earthquake and fires.{y;iison & Co 18t 6s. : imm Daiy RAW SUGAR HIGHER. pay of policemen and firemen, not in - { o1 of zo- {ing on record regarding the proposed !jssuc of bonds to further city i { provements it was referred to a co mittee of three by members of t Newcomers' Club at their weel { meeting in the City Club yesterday The club voted unanimousl!y to sup- 88% - Amoskeag 97 | Boston & A 2 Eastern 8 8. 73 > {cluded in the reclassification of Dis- 83 avoid collection charges. There was{BeSL i Halahet Acgust]ieasoevEica: g SR | Tl Sod government onbios 0 i jat & pound, was quoted today | Wiison & Co ev Tale res = 3 R R e cre. vres ow'm.nwd aus Drospect of a solutlom. |, ‘s13. . The XA 20-23 denier w, ‘inchester A T1zs. 1033 | Libl rivar arket Also Goes in To-} 2000 Ced” thut the orgas owever, and few members of theup {o §11.50, a6 against $7.90; ugstn S& T 6s. {Mase ; day's Trading. Would participate in the forthcoming council would hazard g guess as to{14-16 at $10.50, a= agains 2a ! s e AR s 3 - 3 2 SRR o jintercivic club dinner, io be held No- what form the final recommendations ! Canton 20-22 " at $0. SECURTTIES. ' : N : IODE. o Sebianber (18- NS ] vembac 14 e of the council to the Federal Reserve |$6-85. . There was ECURATIES. early raw sugar market was firmer: Alfred Gawler. Newcomes i Board might tuke. Japanssé silk. 4 by Redmozd & Co.) todny and prices sdvanced % cent,§AYs outiined s proposed prog In addition to the pur clearance! 1y the cotton goods market busi ~—Noon.—— o ot & st Gulos oot { he prasented for the ctio i 2 1 S In n risk. - i s of & for © c ress vhereby the emba estion, on< of the reserve, board's | M€ b g - ez {and frefght, equal to 6.78 for centrifu- | fead &nd other mortua { gal. There ‘were sales of 29.400 bags ief problems of the vear, council } Pricer, 10% apd 12 cente, respec-: . nuum Co. of Amer. L 3 3 before it several questions hav- | Vel prevailed on 84 by €0 and} R e ey et wauld ;%erfiiuhfll{e;ir\%)ao\:u S ment. ng to do 68 by 72 prints { Atmmiwam Co. of Ame: 73 1 ] ment of re oA ! | American Cotton O3t 6s 17 | £ o e arres 1. THb: Py, SHEap! (M)lme MAREC AL Margaret Allen Tendered higher on covering and trade buying. an Sugar 6y 1987 2] “solos. Trading, however was light. Prices at American Tel. & Tel. 6s Amer‘can Tel, & Tel. 83 1 vere awarded James Locraft T 8 Smelt midday showed advances of & to §!and Mrs. Ros Utah Apex | points. 1 Tsland Greek vale | 01 Colony { Pacific Milts 3 he Shoe Mach pfe o Superior & Bostou. Ross, Swift & Co.. Swift International their } The question of par collects checks was 1aid aside by tha poacy about two months ago for consid- eration at the present meeting of the {council. Without authority io forée par_collection by law, the board in dealing with the question sought to invoke “regulation J” of its:syst by-laws and the ;proposed - employ ment of a penalty against non-mem. ver banks aroused a stornr of pro- was ; backed by some “B%igerve systgm. Shortly after the so- & -iclllcd Claiborne-Adams p) 50 | Fional clearance of checks on a free 1535 | basis was presented to the board, it 45" | saspended indefinitely tae. operative ,‘{dlte of the regulation. o 313 | on the Clai- 9 90 1014 18% f 114 per cent cu common and 1% e Per cont on preferred. pavable Oc- | Mex Seahoard. . tober 1 to_stockholders of Tecord|Mex Seal sScptember 22 Miamt Copper. . i H. Macy declared regular quar- | Middle St Of rerly dividend of 1% ner cent on pre- | Minn.& StL (n ferred, payable November 1 to stock-| Mo Kan & Tex h !’de;\l of rec:rd’()“cl:hcr |a]. J. Kayser declafed regular qi Pacific teify dividend of $2 on prefe s Mont@’y Wi | Moon Motors. 814 23 4 1% i2% 9% 2! RV 881 1'ayable October 1. 20‘5 R FIRST TOMATOES ARRIVE. EW YORK, September 18 (Spe- ;3 T cial).—California ripe tomatoes made | Nat Blscuic - . theif first. appearance on the New | NatlClous & 5. York ecity wholesale markets today | when a carload was received which met-a very limited demand at I.75a |} “.08 ber box containing about thirty ; Natl Knamel.. .nounds. Upstate tomatoes in bushel , Natl Lead hagkets( which "were mostly of ordi- | Natl Ry of M 2d. nary ~quality. and condition, < brought D from 24082 . Bl)‘ g B 5 Y% 38% 02 58% 2% Nevzda Copper. 12% PARIS MARKET EASY. PARIS, September 18.—Prices were ¢ on_the bourse today. Three pep cent " rentes, 6. francs 85 centimes? exchange on London, 78 francs 65 centimes; & per cent loan, 75 francs 10 centimes. The dollar was quoted at 17 francs 33 centimes, The ~hearing ' record borne-Adams plan is included amo; the data which the board has 87 before the council and wiilch -its 112% 1125 members continued to discuss today, lgfi l;“: with llll;cltllo‘v‘l! of "ll: same le‘.r.m . gengo of v @ baa mai : Sonsds conutderation, oF BeA 1 o] 68 _1928. 31 13-16 pence per ounce., S et : 5ort billa, 31-16a | Central Arsentine Ty 6 i e o e A H { SILK FIRMS CAUTIOUS. 43 per cent. Three months' bills | U NEW. > Sflver, 64%. Mexican dolars, 42%:, 40 ! money easy; high, 4%; low, 431 rul-|ed officially today after a suspension ! g - CHICAGO STOCK MARKET. - T %! g {acceptances, 41i; time loans firm;|try in Japan as a result of the earth- B aE e Shickge ilke. Some of th closing quotdtions, at the Chicage | il Giey e 1004 | ton . spot, Supply restricted; prices, | PAPET: DMadl: lin Japan raw cilke. e 15 Asmour of Del 0" 108 |middiing. 18.21; midaling. 1 low NEW YORK, September 18.—Cop- " Y, 4 :g%m or 900 lcluding 2,600 American. Receipts, | by, b ot o el 5 llz. Stewart Warner . 2;2 16.95; Oct'ohnal December; 15.79; | East St. Louis, spot and nearby de- BAR SILVER RATES. LONDON, September 18.—Bar siiver, Money, ! Anglo American Oil Tis 182 2% per cent. Cavadian Nor. 3%s 103} g Py tral Leather 03 1625 NE: { 33-16a3l;. per cont. v I . B, 1 & Pac, 5 1928, CALL MONEY LOWER. - | NEW YORK, September 15.—Al- YORK, September, '18.—Bar a1, i 20 ] NEW YORK. September 15.—Callthough the raw silk market reopen- 3 ‘ederal Sugar Ref. 6s 1935. { ° e FAN RO Bods Corp. 6 ¢ !ing rate, 49%; closing bid, 4; offered | of two weeks. awaiting advices on -~ shier Body Corp. & X *4 | Atadc s Tast Toam. 45 call louns againet | (e sskct damage to the sk indus- AHICAGO, Scptember 18.—Following . LIVERPOOL COTTON. mixed collateral, 60 to 90 days, 53:; | quake, only one Japanese importing Lsf ort of fi.‘:flfw o LIVERPOOL, September 18.--Cot-|4 to 6 months, 5% prime commercial | house would transact any business el Bxchang: 5 ¢ 4 @ largest American houses declined to jeesk 9 Eennecott Copper Ts 1935 Y10 rong. Good “middling. 18.61; fully 1R . i 7 : 5 2 { 3 . R H prices. {3 £ Dt 7o b Er T 1% TODAY'S METAL MARKET. | . 244 Armour of pid. . 100% ¢ i 17.06: good ord'nary, 16. 150 Consnmers Compasy 1057 | midaling, 17.06: g ry, 16,56 o " Balel “liper, easy; electrolytic, spot and fu- ” 190 jordinary, 16.26 Sales, 7,600 bales, “in- P T EPRE At MG, AR 0 Sl wee it . 110 Standard Gas com. 28! 91% |5,000 bales, meiuding 7,500 American. [steady; prices unchanged. Lead L o (e B i i 3 Gy, 3 Futures closed steady. September, | steady; spot, 6.85a7.10. . quiet. 1600 Yellow 3 244 1 2" 5a A S ; s N % b 1097; | January, 16.69; Maroh, 16.37;' May.|livery, 6.42a6.45. Antimoi spot, = a it e, 20,00 dkkrene Westing. Elsc. & 3 S loeh ot 1155, July, 14T 7450755,