Evening Star Newspaper, September 25, 1923, Page 24

@ s STOCKS SELL OFF [ ¢ INDAYSTRADIG Ruhr Reports and‘Go'od hail . Earnings Fail to Start E - Forward Movement. BY STUART I'. WEST. Special Dispatch 16 The Star. NEW YORK, September 25.—The twd main points made against the stotck market today were first that it did not respond to the German sur- render in.the Ruhr and the conse- quent’ rise in the foreign exchangés, and second that it was equally unin- fluenced by the first few of the Au- sust railway statements. Much store had been set upon the latter by a number -of critics, who were looking for the rails to have an upward movement. Much disap- « rointment, accordingly was felt at the action of the railway stocks to- day. The big jump in-New York Cen- tral earnings over August, 1922, had no effect whatver upon the stock. Baltimore and Ohio, which had stood out' so. strongly for nearly a week, was'bore ‘down_by -realizing sales. Traders were getting out of the stock on thé ‘Jdeathiat nothing was likely 10 be, dgse now about a dividend. Wa- bash ‘préferred A had a little run up, but it was quickly over. Most of the other rails, were neglected. P .Studebaker Goes Lower. Bearish ‘ activities converged upon Studebaker. The weakness in this stock which sold at a new low for the year, had ,a sympathetic effect upon | other ' 'motor shares, Chandler. Those in touch with the automobile industry can sce no in- centive in. ghe {mmediate trade situs- tion for ianybody to take hold of the motor ghares and put them up. They even mayibe willing to see them work downiward under professional selling, in brder ,to get' the opportunity to pick _up some ‘cheap stock.” This has happened in other vears, and it quite ieasily miay be the explanation” for the décline now. Further buying occurred one | time in TIndustrial Alcohol. Corn Products gave another demonstration of the relative scarcity of the market supply. But these and otker attempts on the long side were abandoned when: the weakness in Studebaker became pronounced. * Steef Shares Alxo Heavy. Steél shares' were heavy again. Crucible dropping over two points after opening at 61 and United States Steel common_getting down near its recent lows Tifere was a little buy- ing In the copper stocks on the no- ition ithat the latest developments iwould increase European interest in ‘the copper market. t this move- ment, too, was shortlived. Announcement of simply the reg- | ular . dividend of 1% : per cent for the. quarter on American Can common was entirely in line with expecta- tions: If a dividend increase is to come’ at all this year, well informed persons say, it will come in Decem- ber. There is no doubt, of course, that American Can could distribute more and still not depart from its reputation for extreme conservatism. In 1922 earnings after preferred divi- dends were the equivalent of over $18 a share. It is éommonly believed that the results this year will be at least equally favorable. Baltimore and Ohio Dividend Talk. The street was again canvassing the possibility that the Baltimore and Ohip directors at Wednesday's meet- ing will take up the-question of a dividend. But the action of the stock showed that there was not much hope on:this score. I Baltimore and Ohio is 40 be put back on a dividend basis this year such a decision would more logically be reached at/the December meeting, when the be approximately, known. Then ar semi-annual 2 per cent or even 23 per cent would not be difficult to con ceive. Latest figutes on North American forcshadow a record-breaking state- ment for the twelve months ending August 31. It is expected to show “over $50.50 on the new common stock { of $10 par value. This is before: the! depreciation write-off. which is likely to be a liberal one, but it makes it sure that the present $2 dividend is being covered at least two and one- | half times over. foe: Pound Motors Up to Cloxe. The motors continued during the late afternoon to be the club_used | against the general market. Stude- baker went off over 3 points, Willys Overland preferred was driven down | sharply and pressure’ was marked against Chandler Motors. Steel com- | mon drew close to its low for the | year and other steél shares were off a | point or two points, Baldwin Loco- motive responding, as usual, readily to any fluctuation, fell away with the rest. So did American Can. Among 1he specialties Davison Chemical was | noticeably weak and there was selling | of Hartman Corporation stock follow- ing the announcement of the new capitalization plans. MAREKET CLOSES WEAK. particularly at Selling Pressure Increased at Close of Session. By the Associated Press. NEW._YORK, .September 25.—Unfa- vorable domestic trade developments outweighed the ‘more. favorable for- eign siews, and prices again slumped sharply in'today's stock market after a strong opening. The reaction in leadffig shares ran from 1 to 4 points, with: Studebaker being heavily sold on upconfifmed reports of an early automobile’ price cut. Sales approxi- mated 700,000 shares. ! The closing was - weak. Increased { sellilg pressure in the late dealings caused losses of 3 to 4 -poinfs’- in| American Can, Gulf States Steel, Davi- son Chemical, Burns Brothers A and Goodrich preferred. 2 Market Flashes at Today’s Close President Hamilton, of the Inter-j natiopal and Great Northern raflroad has expressed the belief that net: carnings of the road available for-in-. terest in 1923 will be approximately $3,000,000. August loadings iwere 30 per cent above July, and Séptembér. loadings are reported to be running 1923 results will | FINANCIAL. . Adams Expre: Afax Rubber. Alaska Gold. Alaska Juneau All Am Cable Allied'Chem. ... Allls Chalmers Allis Chalm pf. . Am Agr Chem. . AmAg Chm pf. . Am Beet Sugar. Am Bosch...... Am Can. . Am Car & Fdy.. Am Cotton OIl.. Am Cot Ol pt. Am Drugsist... AmH & Lea pf. Am Ice Am Internatl. Am Linseed. ... Am Locomotive Am Radiator... Am Safe Razor. Am Smelting. Am Smelt pf. Am Steel Fdy Am Sugar Am Sumatra. . { Am Tel & Teleg. Am Tobacco., Am Tobac (B {Am Water Wk | Am Woolen. . Am Writ Pr pt Anaconda...... Arnold Constab. Ass0 D Goods. | Atchison. ... | Atlan Cst Lin Atlantic Frui Atl Fruit ctfs Atlantic Guif Austin Nicho! Auto Knitter. Baldwin Loco. .. | Balto & Onlo. - Barnesdall (A). Batopllas Min. . { Bayuk Bros. ... | Beachnut Pack. Beth Steel. ... Beth St] 8% pf. Booth Fiah. Brit Emp Steel. { Bklyn Edison... | Bklyn Rap T fp. . | Burns 8ros (A) Burns Bros (B). Butte Copper. Butte & Super Butterick.. Calif Petrol. . Calif Petrol pf Callahan Zine. Canadian Pac Central Leath . Cent Leath pf. Cerro de Pasco. Chandler Mot Chesap & Ohlo. Chi & Alton. . Chi & Alton pt.. Chi & East Til. Chi Great W pf. Chi & E Il pf Chi Mil & St P. Chi Mil &St P pt. Chi & Northwn. ChIRI& Pac Chile Copper . Chino Copper ... Cluett Peabody. Coca-Cola. Colo Fuel Colo & South Columbia Gas. . Columbia Graph Columbn Carbor Comp Tabulat. . Cons Gas of N Cons Textile. Cont Can. Continental Mot Corn Product: | Cosden' & Co. Crucible Stesl.. Cuban-Am Sug. Cuba Cane Sug. Cuba Cane S 7. Cuban Dom'can. Cuban Dom pf. Cuyamel Fru Davidson Chern. | De Beers. 3 { el & Hudson. . D Lack & West. Dome Mines. .. Douglas Corpn Dupont (ED)... Eastman Kodak Eaton Axle & Sp Blec Stor Bat. .. Famous Plavers 1 Fd Mines&sS pf. Fisk Rubber. Fleishman Freeport T4 Gardner Motor. Gen Asphalt.... Gen Cigar pf... | Geu Eiectric Gen Elec s Gen Motor. Gen Motors pf. . Gen Mot 6% deb. Gen Mot 7% deb. Gimbel Brcs. ... Gimbel Bros pf. Glidden. : Goodrieh. Goodrich p! Goodyear pf.... it Northern pf. Great Nor Ore. Gt West Supf.. Greene-Canan. . Guantana Sug. . Gulf St Steel . Hartman Corp. . Hayes Wheel Hendee M{g Homestake. Houseb'd brod. . Houston Ofl.... Hudson Motors. Hupp Motors. ... Hydraulic Stl Illinois Central. Ind Ofl & Gas. .. inspiration. ... interb Rap Tr .. InAg Chem pf.. Int Cement. in Combust E Int Harvester. Int Mer Marine. IntM Marine pr. s+ - [Intl.Paper (sta). Int Tel & Teleg. Int Shoe pf. Invincible Of Iron Products Isiand Ol Jones Tt Jones & L'gh pf. Kansas City S.. Kayser (Julius) Kelly-Spr Tire.. Kelsey Wheel. . Kgunecott . Keyatone Tire.. Lee T & Rubber. Lehigh Vatley. . Open. High. Low. Close. ! 68 5% Y ) 87 65 40% 0% 14 3% 31 31 93 166% % 52% 13 % 50 69% 48% 106 5 5% 107% 33% 109% 24 5% 14% 19 19% 91 5 141% 16% 43% 39% 48 61% 2% 6% 27 9% 50 15% 28% 66 22% 26% 15% 70 7% 26% 244 33% 5% 43y 72 61 % 541 T4 22% % 39% 574 27% 104% 1% (3 8% ST%h 33% 17% 624 31 48% 108 17% 3% 27% 80% 3% £ 17% 60% 68 5% W K 97 65 40% 90% 14 37% 34% 81 93 166% T% 23% 5% 38t a1 17 1674 70 68 6% W K 97 62% 40% 90% 14 37 34 30% 89 168% . T 21% 5% 39 90% 16 15% 683% 80% 6 56% 5% 35% 64 1. " 122% 1444 145 89% 76% 5 894 17 5% 9644 111 1 1%, 144 23% 21 112% 50% 13 Y 50 67 v 27 68 | 5% W % 27 63 | 40% 90% | 14 37 84 0% 89% 154 % 21% 5% 39 90% | 16% 16% | | | 12% 30% 6315 656% 11454 § 9 | 38 » 4w 108 17% THE EVENING: -STAR, WASHING’i‘ON D. C.,. TUESDAY, SEPTEMBER 25, 1923. NEW YORK STOCK EXCHANGE Recefved by Private Wire Direct to The Star Office Open. H Low. Close. 9% 9% 9% 9% 4TH 46 48 884 384 38K 554 58 B3 118% 18 2% A2 Natl Aem Nat Biscuit. Natl Dept Stores Natl Enamel Natl Lead. Natl Ry of M 2d. Nevada Copper. NOr Tex & Mex. Nash Motors. ... Nash Motors pf. N Y Alr Brake N Y Central. NY Chi & StL. .. NYC&StL pt(n). N Y Dock pf. Nerth Am pf. North Pacific. Nov Scot Steel. . Otis Steel Pacific Develop. Pac Gas & Elec, Paclfic Mall. Pacific O1l. Packard Motot , Pen-Am Pete Pan-Am P (B) Penn Coal & Cke Pennsylvanl Penn Seabd 5t1. People's Gas. Pere Marquett Philadelphia Co Plerce Oil Pitts Coal. Pitts Coal pf.... Pitts & W Va. Pressed Stl Car. Produc & Ref. Prod & Ref pf... Pub Service Pullman Co. Punta Ale; Pure O11. . Rap Tran Sec pt Ray Con Copper Reading....... Reading 1st p: Remington Remin 2d pf. Replogle Steel. . Rep Ir & Steel Reynolds Spr. .. Rey Tobac (B). Royal Dutch St Joseph Lead.. StL & San Fran StL&San Fr pf. St L Southwn. Savage Arms Schulte Stores. . Sears Roebuck. Seneca Copper. . Shattuck-Ariz Shell Unlon. Simmons. . Simms Petrol. Sinclair O11 Sinclair pf Skelly OlL Sloss-Sheflle So Porto Sugar. South Pacific Southern Rwy. Southern Ry pf Spicer Mg Co. Spicer Mfg pf. St Otl of Calif. Stand Oll of N J. Sterling Prod. Stewart-Warnes Strombg Carb. Studebaker. .. Submarine Bt. Superior Steel . Superior Stl pf Sweets Coof A Tenn Copper... Texas Company Texas & Pacific. Tex & P C & Oll. Tide Water OIl. Timken Bearing Tobacco Prod. Tobacco Prod A. Tobacco Pro pt. Trans Cont Ol Underw'd(new) Union Pacific. Union Pac pf. Un Tank Cr pt Un Alloy Steel.. Un Cigar St pt. United Drug. Utd Ry Inv pt. U S Cast I Pipe USCastIrPpf. U S Food Prod. U S Hoftman M U S Indus Alco. U S Rubber. . USRyb 1st pt.. US Smelt&Ref. US Steel. U S Steel pt. Utah Copper Vanadium Corp. Va-Car Chem. .. Va-CChem pt. Vivadou... 28% 39 42% 115% 656% 1% 39 10% T4% 52 36% 23 1% 44 21% 67% “n 20% 184 43 27% 30% % 5% % 54 15% 24 ™ 18% 82% 14% 43 45 87 33% 684 15 &9 51% 33% 54 84 66% 100% 9y 25 - 100 b 9% 40% 21% 8 99 35% 531 8215 108 L 38 2% 30% 30 5% 8 5% 15% 24 % 17% 81% 14% 43 45 8614 324 €8% 15 89 51 33% 54 82% 65% 96%. 8% 25 100 17 9% 40% 20% 8 99 34m 52 821 108 3% 38 128% 2% 107% 30% 108% 6% 83% 81 7% 3% 16% 51% 38% 22 23% 86% 17 59% 28% 915 25% T6% 34 33 8% 16% 40 92 8% 27% 16 - 35 85 9% 18 107 58% 7 22 4 1% 6% 22 6% 6% 58% 59% 252 252 25 25 10 10 66 66 ¢ . Low, Last. Call Money % & B4 HOURLY SALES OF STOCKS. 1lam.....196900 12m. -« 329800 1p.m. 440600 2p.m. Waldorf (new). Wells-Fr Exp. . West Penn pf. Western Md. Western Md. 2d. Western Union. Westhse EI&M. Wheeling&L E. White Eag Oll.. White Motor.... White Ol Wickwire Wilson Co. 613 22 Wright Aero. Youngstn Tube. 66% 66% DISTRICT ATTORNEY IS AFTER CROMWELL Wants Stéck Exchange Head to Back Up Charges Made Be- fore Bankers. By the Associated Press. + NEW = YORK, September 25.—A subpoenn_for President Cromwell of the New York Stock Exchange to ap- pear before the district attorney-and state what three public officfals tried i | to ‘eéxtort money from the exchange has been lssued, District Attorn Banton stated last night. “There is an applied statement in Mr. Cromwell's gpeech before the Atlantic City bankers,” the district . 542900 i STRENGTH SHOWN N FOREGN BONDS Germany’s Aetion on Ruhr Helps All European Issues.' " Libertys Are Firm. BY GEORGE T. HUGHES, Special Dispatch t6 The Star. | NBW YORK; September 25.—Con- sidered as a whole, the bond market was remarkably firm today. There were a few points of weakness, both among the rails and industrials, but they were exceptions. The pessimism not seem to be shared by traders in bonds. The foreign list responded to the definite announcement that Germany had decided to abandon passive re- sistance. French bonds recovered from their reaction of late Monday and some of them, especially the French cities issues, mpade a good gain. The Lyon, Bordeaux and Marseille s went up a point over Monday's closing, with som reaction later, and the Department of the Seine 7s sold agzin at their recent high. Paris, Lyons and Mediterranean 6s also gained a point. European Bonds Pick Up. Today also far the first time in weeks the central European bonds advanced| with the French. This was notably true of the Czechoslovak $s and the City of Greater Prague 7%s. All three Belgian {ssues were fractionally higher, with the greatest gain in the 74s. There ‘was nothing new in the South American list. In domestfc securities the feature was the active trading in Baltimore and Ohio bonds at advancing prices. This was particularly true. of the convertible 412s. _Baltimore and Ohio first 4s. refunding and general §s and the Pittsburgh, Lake Erle and West Virginia 4s were also actively bought. There was special strength in Inter- national and Great Northern adjust- ments and in St. Louis-San Francisco incomes. Seaboard Air Line refunding 4s did better. Delaware and Hudson bonds were inclined to be heavy. St. Paul and New Haven issues were negleeted. Many Mixed Movements. Among the industrials and the pub- lic utilities there was great irregu- larity, a better market for the Inter- borough obligations being combined with reaction in Hudson and Manhat- tan issues. Sugar bonds were about the same, but the obligations of the independent steel companfes were lower. _ Virginia-Carolina Chemical 7s and 7%s did better. Libertys were firm. American Tele- phone and Telegraph collateral trust bs and General Electric 5s were a lit- tle higher. So were Colorado and Southern first 4s, a high-grade short- term bond. IPRICES OF COTTON ' GOLOWER T0DA Quotations Depressed by Ex- pected Reports of Large Crop Returns. By the Associated Press. NEW YORK, September 25.—The beter European political news was considered the chief factor on an ad- vance in the cotton market this morning. Liverpool cables were hard- Iy up to expectations, and there ap- peared to be a good many overnight selling orders here at the opening. First prices were 12 points lower on November, but generally unchang- ! ed to 4 points higher, however, and the market firmed up after the call | on covering ‘and fresh commission ' { house buying. October soon advanced to 29.20 and |January to 2528, making net gains of 25 to 32 points on the general list. Only one October notice was issue firm during the early trading. Offerings increased after publica yield at 10,875.000 bales, and the mar. net lower during the middle of the morn- ing, with October declining \to 28.75 and January to 27.85. Later fluctua | tions were somewhat irregular and prices were within a point or two of the lowest around middey. New Orleans Market Lower. NEW ORLEANS, September 25. Politically news was regarded favor- ably in cotton market today and it caused enough buying to put prices 21 to 29 points higher than vester- day's close soon after the opening, but the hard spot attracted much selling, some of it based on the fa- yorable weather over the belt and prospects of its continuance, and a reaction ensued. At the end of the first hour. prices were 11 to 14 points under the final quotations of yester- | day. October, after rising to 28.27, ifell back to 27.86. The decline continued under crop {estimates ranging from 10,875,000 to 11,000,000 bales and private bureau predictions that the government's in- dicated crop figures next week would be in excess of 11,000,000 bales. Soon after 11 o'clock October was off to 27.58, with the list showing net losses of 3% to 43 points. Closing Cotton Values. cotton quiet; middling, 29.10. Futures closed easy. October, 28.33 to 28.38 { December, 27.90 to 27.94; January, 12745 to 21.50; March, 27.40 to 27.42 | May. 2735, > NEW ORLEANS, September 25 Ispet cotton steady and unchanged. Sales on the'spot, 384 bales; to arrive, 55 bales. Low middling. 37.50: mid- dling, 28:50; good middling, 29.00. Re- colpts, 7,870 bakes; stock, 67,854 bales. NEW ORLEANS, September 25. Cotton futures closed easy at net de- Clines. of 52 to 57 points. - October 27.48 to 27.50; December, 27.36 to 27.39; January, 27.22 to 27.24; March, 27.11 to 27,15; May, 26.91 to 26.99. | i | 18% [and the near month was relatively | | i UNITED ITATII‘, BONDS. (Fractions’ represent Example: 98-3 Lib3%s. Lib 2d 4s. Lib 18t 43, Lib 2d 4%s Lib3d 4%s... 320 Lib 4th 43s US4%s1952, Argentine 7 Austria 7 Belgium 7% Belgium 6r, Belgium 8x. Bern 8s. Bollyia 8 Bordeaux és. Brazil 7s. Brazil 8: expressed by speculators in stocks did | Brazil 7%s. Canada 6s 19: Canada 6%s 1 Canada 58 1931. Canada 551952, Chile 8s Chile 85 1941. Chile Chine; | Copenhagen-is. Cuba %3 wi. Czechoslovekia 8s. 49 o | Denmark 8s | Denmark 6s. Dutch E16% Dutch East 1 6; Dutch East I 6562, 89 Framerican 71 Fronch Govt §s. French Govt 71s..102 Holland-Amer 6s. . Japanes Japanese 2d 43 Japanese 4s Lyons 6s Marseilles 6: Mexico 5 Mexico 4, Montevideo 7s. Norway $s Norway Norway 6s 1952 Orient Dev deb 6 Paris-Ly’s-Med 6s. Prague 7 Queensland 7 Queensla Rio de Ja: Rio de Ja: Sao Paulo,State.8s. Seine, Dept of, s Serbs Crotes Slo 8s Soissons 6s. Ud Kingm 535 '29. Ud Kingm 6165 '3 Ud Steam Copen Am Agr Chem 7%s 35 Am Chain s f 65'33. Am SmIt&R 1st 5 Am Smit&R 6s. Am Sugar Ref 6s. AmT & T cv 6 AmT&Tel tr AmT & Teltrds Am Writ Anaconda cv db 7s. Anaconda 1st 6s. . Armour & Co 4145 | Atlantic Refin 5. Barnsdal Bell Tel Pa 58 Beth Steel 53 Beth Steel rf 58 Brier H St 1st 5%, Bkiyn Edison 7s D. Bush T Bldg 5860, Central Leather 5s Cerro de Pasco Ss. . Chile Copper s | Commonwth P és.’. Con Coal Md 1st 6s. Cuban-Am Sug 8 Cuba Cane cv d Cuba Cane cv Dery (DG) s Det Edison ref 6s Donner Stee! Du Pont de N 714 Duquesne Light 6s Est Cuba Empire G&F T%s. . | Fisk Rubber 8s. ... Gen Elec Gen Refractres Goodrich Goodyear 85 1931 Goodyear 8s 1941 Hershey 6s 1942 Humble O&R 5% Illinois Bell 1st bs. Indiana Stéel §s. Int Mer Marine 6s. Int Paper 1st 5s KCP&Lt6sA’52 Kayser (J) | Kelly-Spring ss tion of a private crop report, placing | Lackawa S 55 '50 the condition at 50.2 and the indicated | Liggett & Myrs 7s. | Liggett & Myrs ket sold some thirteen to eighteen points | Lorillard (P) bs. | Mer & Mfg s f 7542 Mexican Petrol 8 ! Midvale Steel 5s | Montana Power ss. Morris&Co 1st 433 | New Eng Tel 55 YG EL H&P 51 Y Tel 6541, N Am Edison 6s | Nor States Pow bs. Nor States Pow 6s. Northwst B Tel 4 Otis Steel T¥s. Pacific Gas & El 55 Pacific T & T 55 '52 PhilaCoref €5 A. Phila Co 5%s°38... Public Se: Punta Alegre Sinclair Oil 7s. Sinclair Oil 6 Sin Crude Oll 8s SinCrude Oil 5% | Sin Pipe Line 5s. i South Bell Tel &s. Steel & Tube 7s Tenn Elec Pow 65 NEW YORK, September. 25.—Spot | Tide Wat Oil 63 Toledo Edn 1st 7s. . S Rub 1st r'f 5 U S Rubber 7%s U S Steel Utah Pow & Lt 6s. Vertientes Sug Va-Car C| Va-Car Ch 7%s w. Wastinghouse 7s. Wickwire Spen 7 ‘Wilson & Co 1st 6; | Wilson&C v 7%s Wilson & Co cv 6: Winchester A 73s. 3 103 Youngstn S & T 6s. 35 BOSTON STOCK MARKET. ey s HONDS TO! eceived by Private Wire Direct to The Star Office. (Bales are in $1,000.) 2 ¥ . thirty - seconds. “means )‘l-fl.) . Sales. High. . Low. Close. % 72 99-26 99-25 1 -3 . 85 249 €65 48 FOREIGN. Sales. High, .27 62 .. 61 .39 .82 2 .17 19 BkIRT 7s'2: BkIRT 782 101% 101% | Canad North 884 58K 100% 101% 96% 96% 102 102% 108 108% 87% 7% 81 81% 8% 8% 94% 94% 1014% 101% 99% 99% 101 101% 994 99% 984 E% 103% 103% 103% 104 94 9% 42% 2% 89 89 90% 91 3% 94 108% 108% 96 96 9% 1% 96% 96% 96 Car Clinch & Car Clinch & Ches & Ohio Chl B&Q gn Chi & E 11l g1 CM & Puget vy Chi M &St P 28 30 CM&StPg Chi Rys 6s ChiRI&P ChiRI& Pa Chi Un Sta Chi & W Ind 146 . 134 Colo & Sou 4 ! ge: United 4 964 | Erle 1st con Erie gen 4 = ::;‘i: Erie conv 48 9% 95 | Erle conv s Gr Trunk st 82% 82% | o1% 92% a1 a1 % T8 8l% Bl1% 81 8) 52% b62% 32% 32% 85% 86% 97% 97% 110% 110% 9% 96% 5% 95% 90% 90% 4% T4% 77 % 106% 1068% 101% 101% 914 911 0% 90% 98% 9815 86% 87% 67 67% 834 83% 104% 104% 112% 112% 67 67% 111% 11y 101% 101% 101% 4 834 89 89 MISCELLANEOUS. * 99 95% 6 92y 92 26 90% 904 9 100% 100% 10115 1014 116% 116% 97K 974 92i 92 0 B 100 v9% 6% 9614 834 3% T 9T 96% 96% 97y 88y 81% 894 974 9315 108 91 9T 120 984 85% 861 106% 921 87% 78 103 .34 13 .. 69 897, 1005 95% 831 924 91 T8% 824 813 53 32% 86 974 110% 96 95% 90% 4% 7% 106% 101% 91y 20% 984 87% 67% 83% 104% 1121 67% 1% 1st 4% 1900 S8 111 Central 5 Int&G po - KEN AROOSaNAmD %s... | Kansas City nd 6 Kansas City n 8s 19. n 8519 wa Louls & N 55 oS R 0 &0 M & St L 1st M M M 9 92 90% 100% 101% 116% $7% "% 60 9974 96% 43% | 7% 96% 973 88% % 89% 1% 93% 108 1% 97% 120 9y 5% r6i 106% 92 814 | k(] 103% 50 90 108 108 103 103% s 100 100 92 | v2% 103 Y04% 101% 102 98% 95% 99 . 99% 101% 101% 116 - 116% 98% 98% | Sou Pacific c! 94% 84% | Southern Ry :g‘; gg*: | Southern Ry. ¥ uthern R; 7T - 83% 90 - 90 1044 1041 106% 19064 | 8% Bok 1184 118% 96% 96% 95% 95% 106 105 103% 103% | 864 86 | 96% 95% | % 79 M 9% 109% 109% 97% 9Tk 104% 1047 105% 105% 93% 93% K K K NOTex&M Paper 6 Istss ! Northern Pa O Short L cn Pennsyl gen Pennsyl gen Pennsyl 6% Pennsyl con StLIM&S StL&SFpl StL Sug Ti%s StL {StL iStL San A & & & & S W con deb 58 et ] 6s. . w Sou Pacific 4 Browe ek anS Ronas Virginia Ry Western Md @ & Soruead cowawaBSangne 4s December 41,5 March 15, 4bgs March 15, 3%s June 13, 14 December 43- June 15, HE s March $0% \‘gfi. December 100 90% 80 109 924 | 85% 944 95 81 94 | 105% | 93 102 106 | w0g" | bl bt T ithy B2 R e 6% Fisher Body C Goodyear T. & rvice 58 8% 92% 85% 044 95 &1 94 © Aluminum C> Aluminum Co. American Suga American Tel American Tel. Causdian Nort! Semmanoan N sf5s.... em 7s. Kaosas City gulvafanibio 95 10" 99 99 .99 Kan City Term 4s.. Lake Shore 45 °28. . Lake Shore 45 '31.. Lehigh Valley 6s. . Louis & N uni 4s... Louis & Nash 7s. .. Louis & Nash 5345, Market St cn 5s. Mil El Ry & L 58 M StP & SSM 6%s.. & Tistds..... &TprinbsA. &TisB > ‘Wabash 1st 5. 3ix8 September 4%s March 13, s March 15, 4% September’ Anaconda Coppe: Anglo-American Ol 7% nnecott_Copper S enisan Staty Te, ou 103, . P. & 8. Standard Oil of Swift & Co. 5 1982 RAILROADS. CK EXCHANGE “ Grain, Produce ——| . Live Stock Tot... 1ctst. 634 Canad Pac deb o [ v 5 Ches & O cv 4%s Chi & Alton 335 s nGs. .. Sd 4s. rf4%e Chi M&St P cv 5s. . Chi M&S P cv 434s. n 4%s. ® n crf 4s %s.... cn 4s. Cleve Term 5 Cleve Term 5% *® Cuba R R 5s. Del & Hd 1st rf 4s. Del & Hudson 5%s %s. 4 A. D. db 6: Gr Northgen 7s... Gr North gen 5%s. Green B & W db B. Havana ERL&P 58 Hud & Man ref 5s. . Hud & Man aj 5s. .. Il Central ref 4s. . %s. 111 Cent ref 55 °55. . Int Rap Tran bs. .. Int Rap Tr 5s stpd. Int Rap Tran 6s. .. Int Rap Tran 7s. Nor aj 68 Int& G Nor 1st 6s. | Kan City Fts4s. .. S3s S 53 Consoar 2003 rt Ranmn Bmmeo Mo Pacific 6s. Mo Pacific gn 4s. . New Or Term 4s. .. in 5s. N Y Cent deb 6s N Y Centdeb 4s. NYCentriss.. N Y Centcn 4s"98.. N Y CenLScl3ts. | New Haven c d 6 New Haven Ts. New Haven 7s fr Y W & Bos 4143, Norfolk & W cn 4s. cds... Northn Pacr16a3.. 5546, Ore Short L ref ds. Ore-Wash 1st rf 4s A 4%s.. Pere Marg 1st 5s' Rapid Tran 6 Rio G West cl 4s... St L IM&S R&G 4s. 4s°29.. adj6s... plésC.. 4 4s'32. 1 P4s.. Seab'd A L ref 4s. Seab'd A L adj 5s.. Seab'd A L con §s. . 8 1929, Sou Pacificret 1t 4s st 5s. .&n 4s. 6%s.. Third Ave ref 4s. | Third Ave adj 5s Union Pac 1st 43 Union Pac cv 4s. Union Pac cv 6s. 1st 58. . : Western Pacifi TOTAL SALES (Par Value): 11a.m.. 2360000 12noon. 3779000 1p.am.. 4737000 2pm.. 87% 9% 5% -8 100% 8% 82% 75, 93% 645 88Y% 85% 112 9% 92 98y, 87 86% 30 85 6% 56 52% 58% 56% 7% 4% 76% 8% 113% 69 94% - 101% 81 84 83% 97% 8% 57 49 525 5% 103% 108% 96% % 8214 £0% 59% 83% 100% 98 624 61% 59 5% 3% 8% 78 69% 834 79 93% 91% 1024 89 107 102 95% 93% 814 18% 102 74 77 63 84 8% 9% 96% 78% 100% 81% 3% 5% 93% 64% 88% 86% 1% 79% 92 96% 87% 86% 30% 85 6% b6 58% 58% 56% 1% 5% 76% 3% 13% 69 94% 101% 81% 84y 83% 97 85% 87 49 52% 556% 103% 106% 96% % 824 50% 59% #3% 100% 98 624 59 93% 91t 102% 89 107 102 95% £34% 81l 18% 102 4% 77 €3F 4% 534 89% 51 3% 6% 104% 89 95 80 2% 5% 62 60 asw| . 90% 834 104% 100% 924 T8% 99% 89% 107% 95% 934 66% 62 4% 13 16% 4% 3% 984 5% 72 44% 30 65 92 5% 82 4% 677 100% 56 50% 9% 9584 103% 9% 94% 58% ! 8% Ta% 5511000 TREASURY CERTIFICATES. (Quotaticus furnished by Redmond & Co.) 61% | FINANCIAL. LOCAL WHOLESALE MARKET. Eggs—strictly fresh, selected, can- died, per dozen, 42; average receipts, 40; storage, 32a33. Live poultry—Roosters, per 1b., 1 turkeys, per 1b., 32; spring chickens, per 1b.,, 28a30; keats, young, each, 50a 60; -fowls, per’Ib., - 24a28. Dressed ~ pouitry — Fresh killed spring chickens, per Ib., 34a38; roost- ers. per Ib., 30a35; hens. per 1b.. 3 turkeys. per 1b., 40ad2; keats, young. each, 70a75. Live stock—Calvas, 11%; medium, per Ib., 10all; thin, per Ib. '6a7. -Lambs, spring, per ib., 14. Live pigs, 3.00a5.00 each; live hogs, per 1b., 9%, Green fruits—Apples, new, per ba ket, 50al.75. California. oranges, per crate, 5.0026.50; Florida, 0 Lemons, per box, fruit, 4.00a4.50. Peache 1.503.00; %-bushel baske! Grapes, Concord, 2.00a2. 2.50a3.00. ~ Niaggra, 2.50a2.75; Colorado Lopes, standaids, '2.00a3.00; flate, T5a Vegetables—Potatoes, per bbl., No. 1, 4.00a4.50; No. 2, 2.00a2.50. New Jersey potatoes. round, per bag, 3.75a | £.00; New Jersey, giant potatoes, pe: bag, 3.0083.25. New sweet potatoes. 3.5024.00 per bbl. New York letttc per crate, 75al.75. Cabbage, - morth- ern, 2.50a3.00 per 100 Ibs., nearby, 1.50 al.i5 per bbl. Eggplant, per crate, 1.00a1.25. Tomatoes, %-bushel bas: ket, nearby, 40a1.00. Beans, 1.50a3.00 per hbl. New York celery, per crate, 14.50a5.50. " Squash, 76al,50. Peppers. per crate, nearby, 50a60. Kale, per bbL, -~ 75a1.00. Spinach, per crate, 1.00a1.25. Home-grown ~lima _bean per quart, 20a35. New York cucum bers, per bushel, 2.00a3.00. . Sugar corn, per dozen, 15a30. i GRAIN AND PROVISIONS. BALTIMORE, Md., Septémber (Special). —Potatoes, white, barrel. 1.2524.50; M00 pounds, 75a2.50; 150 pounds, '3.00a3.50. Sweets and vams, barrel, 1.00a3.00; basket, 25a50. Beans, bushel, 1.25a1.40. Lima beans. bushel, 1.75a2.00. Beets, 100, 4.00a6.00. Cab- bage, 100, 5.00a10.00. Carrots, 100, 4.00a6.00. ' Caulifiower, hamper, 2.004 3.25. Celery, dozen, 35a75. = Corn, dozen, 15a30. Cucumbers, basket. 1.25a2.25. Eggplants, basket, 30a40. i Lettuce, crate, 75a2.25. Onions, 100 pounds,’ 2.00a3.75. Peppers. basket, 5250. Squash, basket, 15a25. Spin- ch, basket, 40a50. Tomatoes, basket, 45a50: packing stock, bushel, 50a90. Turnips, basket, 50. Apples, barrel, 1.50a2.50; bushel, 50a 1.25; baske Cantaloupes. | crate, 1.00a . 25a50. Crab- apples, basket, 50a65. Grapes, baske 680a70. Damsons, bushel, 1.50al.7! Peaches, bushel, 1.00: i 1.25. Pears, bushel, 1.50a3.00; basket, 25a1.00. Watermelons, each, 10a: Settling Prices on Grain. No. 2 red winter, spot, i No. 3 red winter, garlick #pot, 1.03%; No. 3 red winter, gar- licky, spot, 1.00%: No. 4 red winter, garlicky, spof, 96% Sales—Bag lot of nearby at 98 rn—Cob, new, 5.10 per barrel; 2 corn, spot, no quotations; track corn, yellow, No. 2 or better, 1.05. 2’ white, new, 48% and 49: No. 3 white, new. 47. |, Rye—Neard: a85 per bushel; 2 rye, spot, 79% per bushel Hay—Recelpts, 86 tons. The quan- tity of hay is sufficient for all de- mands and is centered entirely on the better grades of timothy and light | mixed hay at 23.00 to 27.00 per ton. The Pennsylvania railroad embargo on shipments to Baltimore is still on. Straw — No. 1 tangled rye, 15.00a 116.00; No. 1 wheat, 12.50a13.00; No. 1 1 oats, 13.00a14.00. choice, per 1b.. DAIRY MARKETS. BALTIMORE, Md., September 25 (Special). — Live poultry — Spring chickens, 24a28; leghorns, 22a25; old hens, 18a27; leghorns, 18a20: old roosters, 15a16; ducks, 17a25; pigeons, pair, 20a25; guinea fowl, each, 40a6: Eges (Joss off), native and nearb. |firsts, dozen, 40: southern, 37. Butter, creamery, good to fancy. 48: prints, 48a50; nearby creamery, 35a40; ladles, 34a33; rolls, store packed, 31: dairy prints, 31a33; process butter, 35a39. CHICAGO LIVE STOCK MARKET. CHICAGO, September 25 (U.'S. De- partment of Agriculture).—Hogs— Receipts, 25.000 head; dull; mostly 5 cents lower; bulk good and choice, 1.80 to 250 pound; averages, 8.50a |8.60: top, 8.65: desirable, 2.60 to 3. pound; butchers, 8.25a8.45; packing sows, ' 7.30a7.60; desirable = weighty killing pigs. 7.25 E Cattle—Receipts, ‘10,000 head; fed scarce; —mixed steers, steady to | strong’: bulk fed steers and yearlings. 9.00a10.50: other- classes generally { steady: vealers to packers around 13.00. upward to 14.00 to outsiders. Sheep—Receipts. 27,000 head; Yat lambs_opening slow to' 25 cents low- er; packers, top natives, 13.50; sheep | about_steady; feeding lambs, mostly §12.50a13.00. TODAY'S CHICAGO PRICES. | CHICAGO, September :announcement that Germany's passive resistance was ended brought about a material rise in.wheat values to- day during the early dealings. Con- | siderable selling dev-ioped on the ad- {vance. Upturns, however, were well jmaintained. The opening. which vas iried from i cent decline to an equal | gain, with December 1.041 to 1.04¢% {and May 1.09% to-1.10.- was followed { by an ‘ascent ail around to well above ——Noon.——— ¢ Yesterday’s finish. Bid. 90 81-32 100 132 13, Offer. : :ll 993132 100 18> . 182 1924 15, 1624, 1925.... 1925 15,1835, 1926’ 192 15, 1 of Amer. 7s 1035, of Amer. 75 1933, American Cotton Oil 8s 1924. r 65 1037y & Tel. 65 1 & Tel. r 8 1929. hern 5 Ceniral Argentine Rw: Central Leather 5s_19: 1931 Ref. 68 1933, o | 51 Mo s ey 6s 192 107 | Humbie 11 53gs 1932 944 ‘orm. s 1023, Ts_1830. S, 3. 1 Calif. Bs._1 100 1-16_ 100 5-32 100 27-32 100 31 SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) ——Noop.— Bid. 1023 1° Corn continued to show independent strength, and the September delivery established a new high-priced. record for the season. After opening un- changed to % cent higher—Detem- ber, 635 to 70—prices scored a gen- eral advance. Oats started at % cent off to 3 cent ! up—December, 407%—and later climb- { ed with other cereals. y y Provisions were steadied by | strength of grain. }+ WHEAT— Open. {geptember ... 1. December the High. Low. September | December Mey COFFEE FUTURES VARY. Final Evening Up for September Causes Irregularity. l NEW YORK, September 25.—The final evening up of Septerber con- tracts caused some irregularity in the market for coffee futures yesterda: i | Ten notices’ were reported and Sep- and! steers arnd yearlihgs, comparatively | 25 —oficial | Close. { tember eased off to the 8.40 at the; IN LOCAL TRADING All Issues But W. R. & E. Are Firmer—Reserve Banks Reduce Holdings. All issues, with the single excep< tion .of preferred stock of the Wash- ington Rallway and ctric Com- pany, were decidedly firmer in to- day's trading on the local stock ex- change. Conspicuous among favorite is- sues was Washington Rallway and Clectric common, which sold at 64, a price of one point higher being asked jfor the stock as the session closed. The company's preferred stock was easy 2t 70%, but Riggs National Bank rights climbed to 94%, while Lanston Monotype was strong at 7a, Gas stock sold in odd lots at 483 and 48%. Well varied trade, tically all favorite in embracing prac- issues, prevailed the bond department. Washing- ton Gas Gs were strong at 93, with the 6s of the company selling at {100%. Traction 5s brought 94, and District of Columbia Paper 6s sold at 80. Rallway 4s changed hands at 71%, and Potomac Electric consoli- dated s were traded in at 97. Reserve Bank Holdings Drop. All federal reserve banks have re- duced their investment holdings du ing the last year. The higgest reduc- tion has been effected by New ‘York, approximately $118,000,000, while the smallest has been consummated by Richmond, the local territory. with $3.360,000. A year ago New Yor investment holdings more than dou- bled those of Cleveland, which ranked second at that time. At present New York's holdings are exceeded by five other banks. Total investments fowned by a]l federal reserve banke aggregate $35,000,000 less than New York’s oldings a yvear ago. Through the sale of securities some federal reserve banks have been able to increase their ratios during the last year. Others, on the other hand, show reduced ratios, despite this. In the meantime many of the banks have disposed of practically all of their holdings. Richmond now owns only $1,341,000, compared with $4,741,000 a vear ago, while its reserve ratio has correspondingly diminished by 23.7 points, Commercial loans of leading mem- ber banks have increased sharply in the last two months, but member banks are followin, the course of their regional members and selling investments to get funds to meet the |demands of their clients. Should this practice continue, it is not likely that federal reserve banks will be called on for assistance in connection with fall business Favors Branch Banking. I A. Long. manager of the Upper- !ville branch of the People's National Bank of Leesburg, Va. comes for- ward with a convincing argument in favor of branch banking, a moot topic in_the District “On April 19, 1922, says Mr. Long. “the Farquier-Loudoun Bank, a state bank located in Upperville, Va.. was taken over by the People’s National iBank of Leesburg, Va.. which is one {of the strongest banks in northern Virginia. The Farquier - Loudoun Bank had been in operation five years, during which period it had not {pald a dividend to its stockholders. “During the short period in which this bank has been opérated as a branch of the People's National Bank of Leesburg the deposits have in creased over 150 per cent, and be- tween the last two calls (about 1wo and one-half monthe) the deposits have increased $53.000. { “This rapld growth in deposits is due largely to the fact that the farm- ers and business men of this sec- | tion can get any accommodation they ineed without having to go to a city {bank, as a branch is entitled to loan las mu~y money to any individual or {partn¢s-hip as the home office. This jextension of credit was not possible {in fhe ease of the Farquier-Loudoun Bank. as it was only capitalized at $25.000, and there are times when a {farmer’ needs to borrow & great deal more to finance his cattle and crops than they could legally loan.” Opens Insurance Office Here. The Sun Life Assurance Company of Canada today operied a local office in suite 524 of the new Transporta- | tion building. } The District establishment will be i under the management of Orville B. ! Drown. @ Six_District bank presidents. eleven vice presidents, four cashiers and fif- | teen assistant cashiers and treasurers fare ‘graduates of the Washington | chapter, American Institute of Bank- ing, it is stated in a current circular | campaigning for membership in the {local association. Likewise. J. H. | Puelicher, president of the American { Bankers' Association. received his training in the institute. That Mr, Puelicher is convinced of the institute's value is evidenced by s following statement: T shall cease to be enthusiastically interested {in the institute when 1 shall have oceased to have an interest in any- { thing.” {HEAVY INCREASE IN CUSTOMS FUNDS The higher duties of the Fordney- McCumber tariff law. combined with increases in imports to boost customs receipts more than $200,000,000 in the first year of its operation over re- ceipts in the last twelve mornths the Underwood tariff was in operation. Figures compiled today at the | Treasury showed total income from { customs levies for the twelve months ending last Septembeér 22 to have {peen $564.541,621. The duties under the Underwood law for the year end- September 22, 1922, produced 1y less than'$ 60,000,000, jine jslignt |CATTLE MEN DEMAND _ | ADIUSTMENT OF RATES jzona, cattle producers complained lo’::l;ol: u:’e Intefstate Commerce (Commission that rates on live stock shipments from that state to Call- fornia are too high and in need of ad- justment. Cattle raisers in Nevada, STOCKS GOHIGHER * Lig & Myers. ... 203% ip Lumna Locomo. .. 68% In the first ten days of September | Loews Inc. 15% 9,049 ‘cary ‘were loaded daily in the | Loftlnc.... 6% Utah, Montana, Idaho, Oregon. New | Mexico, Colorado, Texas and Califo hia, the complaint said, are in a bet- ter position to reach their market be- attorney. said, “that three public of- ficlals “have attempted to extort money or to otherwise blackmail the Tidewster Oil 8138 4 Union Tank Car U. 8. Rubber 7 Western Union_ 6 30 per cent:above those of August. SUGAR MARKET HIGHER. NEW. YORK, September 25.—The early raw sugar market was firmer th< opening, but. later railied to.8:53 on ccvering. Trading, in_that position came to an end this afternoon. The BOSTON, September 25.—Following is a list of today’s highest, lowest and closing prices fof the most active stocks 1930 s 1936 Pennsylvania railroad northwest re,- ¥ion, a new high record. Ventura Consolidated Oil fields de- clared a dividend of 50 cents a share, payable November 1 to stockholders Loose-Wiles. Mack Truck Mealljnson & Co. Manati Sugar... 52 ki a1% 55 40 30% 56 40 stock exchange on threats of possible | hostile législation in the event the threats were not complied with. “As soon as Mr. Cromwell returns to his office he will find a_subpoena awalting him to come and tell me day and prices were % higher, Cubas quoted at 5%, cost and freight, equal t0°7.53 for centrifugal. There were sales of 17,000 bags of Cubas at 5%, cost and freight, and about with | dealt in here: Am Tel & Amoskeag. Arizona Com. Boston & Maine 128 High. 12215 818 2 TH‘I‘ 2% Tel . Westinghouse E. & M. 7s CALL MONEY HIGHER. NEW YORK. September 25.—Call money, firmer; high, 5%; low, 5; rul- % ''general market opened at a _net de- cline of 2 to 11 points and after eli- ing off to 815, December rallied to {5.30. fer to -6 poinis lower. Sales were | estimated at about 20,000 bags, in- The close ‘was net & points high- ¢ rause of existing rates than are mem- Sers of the Arizona association. Western railroads were said to be giving more favorable rates to £row - ors In all the states named than to The commission Manhat EI Sup.. ‘Man Ei Inv guar ‘Manhat Shirt... Marland Oil ,000 bags of other sugars on the +4 oo lovel. *Later 30:000 bags of Cubas were sold at 5%, cost and t, equal to .58 for centrifugal. e advance in raws and report that the United Kingdom was mak- ing inquitles for new-crop Cubas led’ to_incr buying in raw sugar fu~ tures, Prices at midda; vances*of 3. td 14 points. CHICAGO STOCK MARKET. CHICAGO;" September ~ 25.—Following | Libby MeNeil - quotations, at the Chicago | Baston-Elevated g Calu. & Ariz 4615 Calu & Heeln Carson HUl Min . Arizona growers: iwho these men were and what was asked to make an investigation 22 :threats they made, or I shall ex) 42% ‘ him to the world as a careless tal " 208 ““If these threats were made 1 shall 28 |prosecute the persons who ade 37 ing rate, 5; elosing bid, 53%; offered at 5%;: .last loan, 5%; call loans dgainst acceptances, 4. Time loans, firm; mixed collateral, sixty to nine- abl%; four to six months, rime commercial - paper, lcluding elxds“rfiu h°"§?"a'as'“' 1%0 H arch, 7.84; ay, 7. Sy, T42: Beptember, 1954," 7.38; To fix reasonable rates. 10%; - Santos ~_4s. 214 , Col 4 and ' freight offers included dasions ¢ FRUIT FIRM.FAILS. - e vart” Baurbon ar 1ade " to}? =18 . 113,75 ,and_Rio. Ts at 9.95 to or 3 ps'omnt shipment. Tl:e]t‘:ofllcltl f;bt‘;' Friendly Actton Taken to Save reis e s 4 | shiowed an advance o Dlivaie QRidER., dollar buying l‘;la. with !afid:lcune pt 1-16.in Rio exchange on London. The | ¢ - 2 ' Rio market was 275 to 450 reis lower | “WILMINGTON. Dol September = and Santos 50 to 575 reis lower. Bra. (-—The federal district court today silian port receipts. 61.000: Jundlahy, [pointed Fredericic, B, Banms, (0 133,000. Santos cleared 9,800 for New 'l!‘kr‘l:‘lt Complnym. .‘nd‘ Bawin R Coch Iran, jr. a Wilmington attorney, re- Oricans. A t Atlantic Fruit Com- £ g e o BAR SILVER RATES. gtvers for the ALt IO e L [ o ught - with the approval of NEW YORK EGG PRICES. | YoNbox september 5~ Saciivar (e Saidbalests ang steckhclaety NEW YORK, September 25.—Eggs, [por - cent.r, Discount rates:. hort |spreement Sf readjustmant’ of deb weoak; receipts, 28,620 cases. Fresh |biils, 3 per“cent; three months’ bills, {and ithlization. The company is Eatisi eq ir=te, 3uis; do. eeconds and | 31803 1°3 per t. # .. _|a holding concern’ and fhe receiver- poorer. 27a33; New Jersey, hemnery| NEW September 25.—Bar [ship does not affect the operations of whites! locally selected extras, 64a66. !silver, 65%; of record October 15, Previous. dis- bursements were cents guarterly. American "Hawatlan'‘Steamship. ‘dé. clared quarterly, diyidend of 1p cents, Sk iiy-Parey .. payable October 1 fo stock of record | Mathlson Alklll. Septémber 26. Same as two previous | Maxwell (A)... quarters. g Mazwell (B). i Melntyre Por.., American Can_ declared refular | May Dp Stores. « quarterly dividend of $1.25. Mot Edlson Bes . v Seaboard.. Allled Chemioal, and Dye declared | M¥% Nerter 9| Mex Soabd atfs. reEuler qugrfglyy #1 common divi- MEXTRSO0 C Middle St Oil. Moon Motor declared an extra divi- | Midvale Steel. .. dend of 25 cents and regular qua Minn & St L (n) terly “dividend of, 15 cents, . payable [ Mo Kan & Tex. . November 1 tp sto&k .of record Octo- | Mo K & Tex pf.. ber 15, Mo Pacific. . Mo Pacific pf. Montana Power. Montg'y Ward. . oon Motors. other Lodt 34 a2 28% 28% 37% 39% 1 16% 18 90 9% 8% ty days, b 5%able. - 5i%ad%. _TODAY’S METAL MARKET. NEW YORK, Séptember 25.—Cop- per, ‘quiét;-electrolytic, spot and . fu- ture, ‘1332a13%. Tin, strong; spot and | futures, 42.37. Irom, . steady; prices . un, hanged. Lead. stead: spot, 6.85a7.10. Zinc, quiet; East Si Louis spot and nearby, 6.40a6.45. Davis Daily .. East l\flale! howed ad- I‘fl,‘.‘.‘,‘.fl. them, I don‘t care:who they are.” . At noon, today Seymour L. Cromwell 10% | 1ssued a statement doe"lnln‘ to make 163 | bublic the names of ‘public officials. 77. | Who he said yesterday had threatened g0 |adverse legislation against the ex- 91 change unless it met their demands. 8% A 7 24 ‘WOOL MARKET GAINING. 28y | BOSTON, September 25 (Special).— Tie | Activity of ~quarter. bloods is the current feature of the local wool| 2% | market, dealers estimating that more 80% [ tran 1,000,000 pounds have been 10% | in the past few days at prices rising 27% | to 80 cents clean. Mills are coming 59% | into the market steadily, and busi- 21 e ie_showing a moderate sxves: 23% | sion. nerally show - firme: Monday. " o wool, K3 S b, P ——— LONDON, September 25.—At the wool guctions yesterday 11,561 bales were offered. The wool was mostly dutet, Yot R Setay, quist, but steady. |sl_..s=§tz'.-a2:‘.'«$ s Mexican dollars, " 49%. it was said. - its subsidiaries, - PRoran s M drarb IS il b VAol et e P e PR -