Evening Star Newspaper, October 13, 1923, Page 14

ey ORE WEAK SPOT § § FOUNDINSTOCKS Chandler ~ Motors Drop. Nickel Plate Also Off—Trad- k _ ing for Day Very Light. NEW YORK, October 13.—Stock prices drifted rather aimlessly within narrow lines in today’s dull half-holi- day session of the market. Although several issues established new low records for the year, the general list stiffened somewhat after an early; veriod of hesitation. Strength of Pacific Oil and weak- ness of Chandler Motors, which fell 2 points to a new 1923 low, were the outstanding changes in the industrial list. In the railroad group the strength of Delaware and Hudson was offset by the heaviness of Atchi- son and “Nickel Plate.” Trading was on a reduced scale be- cause of the absence of a number of traders. The closing was steady. Sales approximated 250,000 shares. RAILWAY SHARES IMPROVE. Appear to Have Recovered From ) Action on Southern Dividend. BY STUART P. Special Dispatch to The Star. NEW YORK, October 13—A few more weak Spots were exposed in the two-hour stock market today, but the remainder of the list was steadier. Utah Copper got down close to its low of the year, and Chandler Motors made a new low. Every vear for the | last three Chand ock has been | driven down on talk that dividends are in danger. ) In 1921 the stock, paying $6 a share, sold as low as 38% s, 5_points heneath today’s 1o follow- | ing year it sold %. Onl cach occasion the have been the same. Dividends have been more than covered for the twelve months the first half of the period. Cause of Chandler Break. The reason for the s Chandler shares has been simply that friends of the company have not been lending support. The hostile of Chandler banking interest the market as a whole may down as an additional explanation The railway list appearcd to have recovered from its disappointment be- cause Southern railway directors fail- | ed to vote a dividend on the common. itself was firmer and other rails, while not disposed to 1ly, did not show the pressure that | had ~been directed against them | Thursday. Anaconda ran into better | support around and just below 35. Oil shares appeared o more to have readjusted thems the price cutting. Pac| s again noticeably strons. street has | given up talking about a suspension of dividends. z Steel Shares Sold Well. Price changes were small and ver: much mixed. Steel common W driven down a half point, but rallied casily. Shares of the 'independent steel companies, such as Republic and Crucible, were fractionally higher. Utah Copper was one of the soft| spots among the metal shares from the outset today, setting down al- most to its low of 56 established | earlier in the yvear. Recent weakness of Utah and other members of th Copper group has been due directly fo the low selling prices of the metal | and the fact that supplies have a cumulated largely because of the drop in domestic demand. The S tember figures of shipments proved disappointing to the trade and were reflected adversely in the market for copper stocks. Utah's third quarter | report is expected to be as good as| the rest of the Borphry producer: However, with 13 to 1313-cent coppe during the third three months, the results, it is estimated, were less than they were previousl: U. S. Rubber Shares Are Firmer. United States Rubber was firmer, and it was evident that the reports | of results for the first eight months | had something to do with the better support in the stock. It was stated | that in that period this company | more_than covered this year's pre ferred dividend requirements. This was possible because the bulk of United States Rubber’s business is in footwear and other products, aside from tires. The foreign trade figures, out to-| day, were notable, in that exports were shown to be the largest since reh, 1921, imports the smallest | ince July, 1922, while th® export ex- cess of $126,000,000 more than wiped out the import excess of the first| eight months of the year and left a $36,000,000 credit. CENSUS COMPARES COTTON FIGURES Consumption in September Lower Than in August, Bu- [ reau Reports. WEST. Southern lwa Cotton consumed during September totaled 483,852 bales of lint and 49,- 587 of linters, compared with 491,604 of lint and 47,998 of linters in Au- gust this year and 494,013 of lint and 61,474 of linters in September last year, the census bureau announced today. Cotton on hand September 30 in consuming establishments totaled 773,173 bales of lint and 92,819 of linters, compared with 806,671 of lint and 106,036 of linters on August 31 this year and 1,065,816 of lint and 97,786 of linters on September 30 last year. Cotton on hand September 30 in public storage and at compresses totaled 2,147,830 bales of lint and 22,- 197 of linters, compared with 1,179,- 204 of lint and 24,832 of linters on August 31 this vear and 3,217,939 of jint amd 21,592 of linters on Septem- ber 30 last vear. Tmports during September totaled 6,608 bales, compaerd with 3,240 in August this year and 5,012 in Septem- ber last year. FINANCIAL, THE EVENING STAR, WASHINGTON ‘NEW YORK STOCK EXCHANGE Received by Private Wire Divect to The Star Office Ajax Rubter.... Alasia Juneau.. All Am Cable Allfed Ciem. Allis Chalmers Allis Chalm pt Am Brake Shoe. Am Br Shoe pf. . Am Can.. Am Ice. .o Am La France. Am Linseed pf. Am Locomoti: Am Metals. ... Am Roll Mill pf. Am Ship & Com. Am Smelting. .. Am Smelt pf. Am Steel Fdy Am Sugar. .. Am Sugar pf. Am Sumatra Am Tel & Teleg. Am Tobaceo. ... Am W W 7% pt. Am Woolen Anaconda. . Ann Arbor pf. Armour & Co pf. Arnold Constab. Asso D Goods. Atchison. Atchlison pf. Atlan Cst Line. . Auto Knitter. .. Baldwin Loco Balto & Ohlo. Beechnut Pack. Beth Steel...... Br Em Stl 2d pf. Bklyn Edison Bklyn Rap Tri Bklyn Rap T fp.. Brown Shoe. ... Burns Bros (A). Butte Copper. Butte & Super. Caddo Of1. Calif Petrol Callahan Zine. Canadlan Pac. Central Leath. Cent Leath pt. Cent RR of NJ. Cerro de Pasco. Chandler Mot Chesap & Ohio. Chi & Alton pf. Chi Great W pf. Chi Mil & StP... | ch1 Mil &St P pt. Chi & Northwn., Chi Pneu Tool.. ChiR1I& Pac... Chi R I&P 7% pf Chlle Copper. Chino Copper Cluett Peabody. Cluett&Pby pf. . Coca-Cola. . Columbla Gas. Columbia Graph Col Graph pf. Com Solv (A). Cons Clgar. Cons Gas of Cons Textils. Cont Can. Continental Mot Corn Products. Cosden & Co. Cructble Steel. Cuban-Am Sug. Cuba Cane Sug. Cuba Cane S pf.. Cuyamel Fruit.. Davidson Chem. De Beers. ... Del & Hudson. D Lack & West. Dome Mines. | Dupont (E 1) Dupont deb. . Elec Stor Bat. Endicott-John Endicott-J pf. Erie. . Erle 1st pf. Erie 2d pt Famous Plavers Famous Play pf. Fifith Ave Bus. Fisher Body. Fisk Rubber. Freeport Texa Gen Am Tk Car. Gen Asphalt Gen Elec spl. Gen Motors. | Gimbel Bres. Goodrich pt Goodyear pf. Granby Consol Gray & Davis Gt Northern pf. Great Nor Ore. Greene-Canan. Gulf St Steel. Hanna (M A) pf. Hartman Corp. Hayes Wheel... Houston Oll.... Hudson Motors. Hydraulic Sti... Illinois Central. Indiahoma. . *Ingersoll-Rand inspiration. ... Interb Rap T<.. In Ag Chemical. Int Cement. in Combust E. Int Harvester. Int M Marine pf. Int Nickel. . Invincible Oil Iron Prod ctfs.. 1sland Ofl.....o, Jewel Tea. . Jewel Tea pf. Jones Tea Jones & L'gh pf. Kansas & Gulf.. Kansas City S.. Kayser (Julius) Kelly-Spr Tire, Kennecott. Keystone Tiry Kresge (SS)... Lee T & Rubber. Lehigh Valiey. Lig & Myers. Lima Locomo Loews Inc... McIntyre Por. Mack Trucks. Magma Coppel Mallinson & Co Manati Sugar. Maracaibo 01l Marland Oll Martin-Parry. Mathison AlKill Maxwell (A). Maxwell (B). Mex Seaboard. Miami Copper. . Middle St Ofl... Midvale Steel. Minn & St L (n). Mo Kan & Tex, Exports totaled 689,435 bales, includ- ng 8,742 bales of linters, compared with 244,415, including 3,825 of linters in August this year and 368,390, in- cluding 2,902 of linters in September last year. Cotton spindles active during Sep- tember_totaled 33,929,885, compared with 33,708,667 in August this year and 33,316,444 in September last year. Statistics- for cotton-growing states follow: Consumed during September, 327,441 bales, compared with 329,162' in Au- gust this year and 326,691 in Septem- ber last year. Cotton on hand September 80 in con- suming establishments totaled 374,507 bales, compared with 339,380 on Au- gust 31 this year and 517,624 on Sep- tember 30 last year. Cotton aqu hand September 30 in public storago and at compresses to- taled 2,025,069 bales, compared with 1,038,462 on August 31 this year and 31000,362 on September last year. Cotton spindles_active during Sep- tember _totaled 16,011,049, compared with 15,858,075 during August this vear and 15,723,262 during September last year. BUTLIER HIGHER TODAY. CHICAGO, October 1 higher; creamery extras, ards, 46; extra firsts, 45%2a46%; firsts, 43%a443%; seconds, 4lai2. Eggs, unchanged; receipts, 7,241 cases, Mo Pacific. Mo Paclfic pf. Montana Power. Montg’y Ward. Moon Motors. N Y Central NYC&StL (n). NYC&StL pf(n). NYNH&Hartfd. Nort & Western North Amer. North Pacific Oklahoma Prod. Ontario Silver. Orphenm Circpll Owens Bottle PacificOfl...... Packard Motor. Pan-Am Pete. Pan-Am P (B).. Pennsylvania... Penn Seabd Stl., Peoria & East. Pere Marquette. Pere Marq pf. ... Philadelphia Co. Philip Morr Phillips Pete..., Pittsbgh Util pt. Pitts & W Va.. Open. High. 5% % 11% 8l 41% % 16% 674 2815 108% % 17% 35% 23% 2% 2% 226 14% 60% 219% 63% 16% 16% 170 28% 29 524 19 23% 26 36 36% 10% - 9% 22% 5% 25 1% 22" 10 27% 69% 21% 23 6% 89% 12 102% 20% 54% 1% 5% 18 42% 38 12% 56% 64 42% 1% 9 40% 59 42% 17 28% 11 40% i Reading 1st pf.. iow. Close. 21% 20% 21% 42% 42% 42% Punta Alegr 55% 66 b56% PureOll.......0 17% 17% 17% Rapid Tran Sec. 12 12 12 Ray Con Copperx 11% 11% 11% Reading. ... 76% 76% 6% b54% b4% b54% Remington..... 34% 33% 33% Reploglg Steel. . 9 9 9 Rep Ir & Steel. 438 42% 43 Rey Tobac (B)., 68% 68 68% St L & San Fran 18% 18% 18% St L Squthwn... 27 27 27 StLSouthpf.... 66% b7 066% 57 Savuge Arms. 80% 29% 30% Seneca Copper. . ™% Th Th Shell Unlon..... 14 13% 18% Simmons. ... 25% 20% 26% Simms Petrol. ., THh TH % Sinclair Ofl..... 19% 18% 19% Skelly Ofl. 16% 16% 16% South Pacifie. 86% 86} H6% Southern Rwy. . 831 32% 38% Southern Ry pf. 681 68% 6B% St Otl of Calif. .. 51% b1 b1% Stand Ofl of N J. 33 82% 383 StOllof NJ pt.. 116% 116 116 Stewart-Warnes 80% 80 80% Studebaker. .... 954 94% 94% Submarine Bt... 8% 8% 8% Superior Cil...., 2% 21 2% Sweets Coof A.. 2% 2% 2% Texas Company 40% 41 Tex Gulf Suiph.. 56% 56% Texas & Paciflc. » 19 Tex & PC&OIl. ~ 7% TR % Tide Water OIl.. 102 102 Timken Bearing 34% 344 Tobaeco Prod. .. 4 b6 B6% ‘Tobacco Prod A. 86% E6% Trans Cont Oll.. 2% . 2% Unlon Pactfic. .. 128% 128% Un Tank Cr pf. . 108% 108% Utd Ry Inv pf... 32% 324 Utd Retail Strs. 7% 5 U S Cast I Pipe.. % 86 36% USCastIrPpt. 78% 8% U S Indus Alco. 50% 50% U S Rubb: 36% 386% U S Steel 86% 86% U S Steel pf..... 118% 118% Utah Copper.... 56% Vanadium Corp. Van Raalte. Vivadou. . High. Produc & Ref. Pub Servic Western Md Western Md. 2d. Western Unlon. ‘West Alr Brke. . Westhse EI&M. Wheeling&L E. 6% Wheel & LE pf.. 10% 10% White Eag Oil.. 22y 224 White Motor.... 48 48 White Oil. % b 8% Wilson Co. . 20% 20% Willys-Overld.. 64 615 Willys-Overl pf. 591 59% Youngstn Tube. 65m 65% HOURLY SALES OF STOCKS. / 11 am. 139 400 12m ..241 000 [LLINOIS CENTRAL ASKS BOND RIGHTS 56% 56% 6% |I. C. C. Also Gets Request From Southern Railway for $5,000,000 Issue. The Illinois Central railroad today asked the Interstate Commerce Com- mission for authority to issue and sell to its stockholders new 7 per cent proferred stock amounting in par value to not more than $12,027,450. The railroad proposes to spend $58,- 108,000 in modernizing and electrify ing its Chicago terminal. It already has raised $10,929,000 by the sale of an ue of preferred stock to its stockholders, and the new issue would allow the work to continue. The Illinois Central proposes to fol- low the stock subscription plan of raising funds until enough has been procured to complete terminal im- provements. $5,000,000 Issue Desired. In another application the Southern railway asked the commission to al- low the nominal issue of $5,000,000 in 4 per cent development bonds, which for the present would not be sold, but would be placed in the road's treas- ury. ‘Wounld Take Over Line. The Southern Pacific rallroad asked the commission to allow it to take over and operate the Richgrove spur in Tulare county, Calif. The line is four miles long CHANGES ON FORD’S ROAD. Lima, Ohio, Made Central Division Point Under New Plan. LIMA, Ohio, October 13.—Reorganiza- Ition of the Detroit, Toledo and Ironton railroad, with Lima as the central divi- sion point between Detroit, Toledo and Ironton, unofficially announced here yesterday. Under the« proposed plan Springfield and Napoleon are eliminated as division points. Roundhouses, terminals yards and repair shops also are to be located here. The plan also includes the construction of extensive switch yards and a new freight depot. The report states the improvements will be completed within the next two years. SHORT-TERM SECURITIES (Quotations furnished by Redmond & Ca.) —Close.— Bid. " Ofter, 102% 106% 9 101% 100% 118 101% 102! N 90T 1001 ntral Argentine Rwy. 6s 1927. Central Leather 58 1025 Chi., R. 1. & Pacific 5 Chicago Tel, 58 1923. Du_ Pont 7s 1931, Federal Sugar Ref. 6s 1933 Fisher Body Corp. 6s 19 sher Body CorR. 68 1928, Goodyear T. & R. 8s 1631. Great Northern 75 1936...eee Hocking Valley 0s 1924 Humble 0il 5%4s 1932. Kansas City Term. 6s Cotton Oil 65 1924. ‘American Sugar 6s 1937’ American Tel. & Tel. 65 1924 ‘American Tel. & Tel. 65 1925. St. Paul Union Depot 5; Bears, Roebuck & Co. Standard Oil of Calif. b Swift & Co. bs 1932 Tidewater 01l 635 Union Tank Car U. S. Rubber 7 Western Union ‘Westinghonse s 1930.. . s 1936... ] 108! & M. 7s 1081, 107 TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) ——Close,.—— Bl Ofter. 99 15-16 100 1-32 99 15-16 100 1-82 100 100 8-82 100 11-16 100 13-16 100 11-16 100 13-16 4s December 13, 4%4s March 15, 182 43,8 March 15, 1924, B¥s June 15, 1924 Blgs September 15, 4%s March 15, 1925 100182 100% 4igs June 15, 1925. Wz 99% 4%s December 15, 1 99 99t 4%s March 15, 100 1-18 1003-16 4s Septembor 15, 1636 99116 99516 438 March 15, 1627, 1003 100% 4ias December 15, 1921 9% 99 HOLIDAY IN MARKETS. NEW YORK, October 13.—Today is a holiday on the coffee and sugar ex- change. The raw and refined sugar markets also are closed. 1923. IN BOND MARKET U. S. Government Obliga- tions Have Recoyered From Recent Heavy Selling. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, October 13.—The trend of today's bond market, like that of the entire week, was toward a hardening in the quotations for the high-grade securities. Practically all the United States government loans have recovered from the effects of the selling of a week ago and ap- pear to be headed toward slightly higher levels. To a less degree the high-grade rails and industrials shared this improveinent, although they are now selling on such a low vield basis as to offer little attraction to the indlvidual investor. More Cheerful Feeling. Aside from this better demand for bonds in the gilt-edge class the most significant thing about the market is the more cheerful feeling among in- vestment bankers brought about by tho better absorption of new issues. For the week these totaled $42,744,- 000. Railroad offerings, including the Great Northern equipment certifi- cates and the Kansas City terminal notes, accounted for more than $18,- 000,000 of this amount. State and municipal offerings were next in volume and then came the Republic of Salvador 8 per cent issue, the single foreign offering. The railroad issues went very well. The success of the Central American issue was more notable coming dnto competition as it does With other for- eign bonds giving a higher yield. The Salvador bonds were_sold on a_$.20 per cent basis. The Bordeaux, Ma seille and Lyons 6s are selling to re- turn more than 9 per cent. Czechoslovak $s give 8% per cent. Brazil 8s give 8% per cent and Brazlil , the central railway electrification loan, yield more than 9. Bolivia 8s also sell on a better than 9 per cent basis. Railroad Bonds Hold Well. Coming to the speculative railroad bonds thée list was held very well considering the damper put upon sen- timent by the failure of the Southern railway directors to act on a dividend on the common stock. The inference was that the railroad outlook was still far from certain notwithstanding nt good earnings, Southern rail- bonds themselvs ere unaffect- ed ‘as the junior issues are en- titled to a good investment rating. The advance in the Seaboard issues, however, was checked, but without substantial reaction. Speculation here centers in the adjustment 6s on the theory that a payment on account of back interest will be made on Febru- ary 1 next. Interest on this issue is not a fixed charge. At the present rate of earnings, however, it is hard to see how the directors can avoid making some disbursement. B. & 0. Issues Are Firm. Baltimore and Ohfo issues Were firm around recent highs, but showed little inclination to advance. Chicago and Alton 3%s were well sustained, but the Missouri Pacific and the St. Paul issues continued heavy. Industrial bonds showed the effect of the same influences that have ruled in the stock market. This was nota- bly the case with the copper Issues, although losses were only small frac- tlons. Some of the rubber and tire obligations have also suffered. The middle-grade _ utilitles, selling to yield around 6 to 6% per cent, have been reasonably steady. Examples are Philadelphia Company 6s and Hudson and Manhattan refunding 5s. NITROGLYCERIN KILLS ONE; ROCKS COUNTRYSIDE 0il Well “Shooter” Blown to Death and Truck Destroyed at Beda, Ky. By the Associated Press. SBORO, Ky., xplosion of 200 quarts of nitro- glycerin killed Hubert Rabold, twenty- three, oil well “shooter,” and rocked the countryside in the neighborhood of Beda, Ohio county, late yesterday, ac- cording to reports received here. An automobile truck in which Ra- bold was bringing the explosive from Bowling Green, his home town, to Knoxville, in Davies county, was de- stroyed. COLUMBUS MEMORIAL PROJECT IS REVIVED Committee of Santo. Domingoans Named to Collect for Great Lighthouse. By the Associated Press. SANTO DOMINGO, October 13.— President Burgos yesterday on the occasion of the 431st anniversary of the discovery of America, issued a decree appointing the Junta Colom- bina to receive popular subscriptions for the erection in Santo Domingo of an imposing pan-American memorial to Christopher Columbus. The me- morial will be a massive tomb, in which will be placed the bones of Columbus, which are said to have lain here since 1540, when they were brought from Spain, where Columbus died. On the tomb will be a tower about 300 feet high, in the top of which there will be a great light to aid navigators. The project for the memorial was fndorsed at the recent pan-American conference and has been commended by all the governments of America. The Junta Colombina is an organi- zation composed of leading officials and citizens of Santo Domingo and 2 large number of foreign residents. October 13.— The project to erect a Columbus lighthouse mekmorial in Santo Do- mingo, where, many historfans con- tend, the remains of Columbus lie, was started prior to the world war, but was temporarily abandoned dur- ing the conflict. : DRY GOODS FIRMER. Cotton Cloth Inquiries Show Mark- ed Increase. Special Dispatch to The Star. NEW YORK, October 13.—Cotton goods markets were firmer today, with a considerable increase In in- quiries from buyers. Mills and agents declined many bids for contract de- liveries on the basis of prevailing prices, holding out for at least an extra_ half cent on contracts that Would neo2ssitate the purchase of ad- aitional cotton. Most of the business Was in spots. Print cloths were up to 9%, for the 64 by 60, and 11% for the 68 by 72 again. The raw_silk market was quiet, With prices down from 5 to 10 cents a pound. POTATOES STRONGER. CHICAGO, October 13.—Potatoes slightly stronger; receipts, 69 cars; total United States shipments, 1,469} Wisconsin _ sacked round 'whites United States No. 1, 1.10al.20 cwt.; do., bulk, 1.10al.25 cwt. Minnesota and North Dakota sacked round whites United States No. 1 and part- ly graded, 1.00al.10 cwt. Minnesota and North Dakota sacked Red River Ohios, 90a1.05 cwt.; do., bulk, 90a1.00 cwt. South Dakota early Ohios United States No. 1, 90a1.00 cwt. Idaho sacked rurals No. 1, 1.50a1.60 cwt, D. ©C, SATURDAY; OCTOBER 13, 1923. PRICES HARDENING [Loxxz xoxx BONIDS stock sxcmanee] Recelved by Private- Wire. (Sales are in $1,000.) UNITED STATES EONDS. (Fractions represent _thirty - seconds. Example: 98-3 means 98 3-32.) Sales. High. Low. Close. Lib 3%s. 29 99-156 99-14 99-15 Lib1st4s,.. 238 97-13 9§7-10 97-18 Libz2d 43 41 97-12 97-10 97-12 Lib3d4is... 125 98-10 98-8 98-9 Lib4th4%s.. 195 97-15 $7-13 97-15 US4%s1952. 119 99 98-30 99 FOREIGN. Bales. High. Low. Close. Argentine 7s. 11 102 101% 101% Austria 7s. 26 89 88% 88% Belglum 6s. 2 97 96% 97 Belgium 8a. 4 100% 100% 100% Berns... 1 108% 108% 108% olivia 8s. . . 10 88 87T% 87% Bordeaux 6s. 9% T9% T9% Brazil 7 8% 78% 8% Brazllss. ... 94 93% 93% ‘anada 68 1926, 99% 99% 99% Canada 6%s 192 101% 101 101% Canada bs 1931. 100% 100% 100% Canada bs 1952, 99% 991 99% Chile 85 1926.. . 1033 103% 103% Chile 85 1941 104 104 104 Chile 7s 1943 $6 95% 96 Chinese Gov Ry Gs. 44 44 44 ghrul‘l‘anll 88 109 109 109 openhagen 5348 89! 914 89! Cubab¥sctrs. ... 20 92 85 6 Czechoslovakia8s. 6 93% 93% 93% 108% 108% 108% 96% 961 96% 91% 91% 91% 9% 9T 9% DutchEI15%s.... gu:c; gul 16547, utc! ast I 6s'62 French Govt 734s 95 94% 94% JHMU 8s.......... 93% 93 98% apanese 1st 4%s, . 93% 93 93% Japanese 2d 4%s. 92 o1% 91% Japanese 4s. 8% 78% T8% Jergen U M 6s '47 8% 78% 8% Lyons 6s. . 80% 80 80% Marseilles 6s. 9% 79% 179% T‘{ethl\rlands 6s. 97% 9T% 9T Norway 6s 1943 96% 96% 96% Norway 6s1952. ... 95% 95 95 Orient Dev deb 6s. 90% 90% 90% Paris-Ly’s-Med 6: 3% 73% 73% Rrague 7%s......, 6% 76 6% 107% 107% 107% 101% 101% 101% a1 9 o1 96% 96 96 864 86% 864 67% 67% 67% A % 1047% 104% l;fl Kingm 5% . 101% 101% 101% Uruguay 8s....... 101% 101% 101% MISCELLANEOU:! Ajax Rubber 8s.... 4 . B!%" Am AgrChem 7%s 1 98% Am Chainsf6s'33. 1 93 Am SmIt&R 1st5s. 9 90% Am SmIt&R 68. 4 102 Am Sugar Ret 6: AmT& Tecltr 5s AmT&Tcl tr4s Am Writ Paper 6s. 1 Anaconda cv db 7s. 12 Anaconda 1st 6s. .. 36 Armour & Co 43%4s. 3 Atlantic Refin 5s. Barnsdall s f 85 2 Bell Tel Pa 5s 10 Beth Steel 514553, 1 Beth Steel r£5s.... 1 Beth Steel pm 5s... 3 Beth Steel s £ 6s. 5 Brier HSt 1st 516s. 4 Bklyn Edison 78 D. 1 Bklyn Edgen5s... 1 Central Leather 55 12 Chile Copper 8s. ... 10 Commonwth P 6s.. 14 Con Coal Md 1st 5s. 1 86% £67% Cuban-Am Sug 8s, 25 106% 107 Dery (D G) 7s.. 1 78 78 Det Edisonref 6s.. 7 103 103 Du Pontde N 73%s. 7 107% 107% Duquesne Light 6s. 8 103% 103% Est Cuba Sug 7is. 12 991 99% Empire G&F 7%s.. 18 92 92% Fisk Rubber8s.... 4 103 103 Goodrich 6%s. . 9! Goodyear 8s 193 lo; 1333 Goodyear 85 1941 115 116% Hershey 6s 1942, 98% 98% Humble O&R 5%s. 96% 96% 1llinois Bell 1st 5s. 9315 93% Int Mer Marine % TT% Int Paper 1st 55 84% 841 Kayser (J) 7s.. 104% 1047% Kelly-Spring 8s. 1043 104% Marland Oil 715s 974 97% Mexican Petrol 8s. 104 104 104 Mich St Tel 1st 5s.. 14 99% 99% 99% Midvale Steel 5s. 86 86 86 Montana Power 5s. 95% 94% 94% New Eng Tel 58 98 97 9T N Y Edsn 1st 6%s. 109% 109% 109% NYG EL H&P 5s. .. 9% 9T% 97T% N Y Tel 63’41, 104% 1044 104% N Y Tel 4%s 94 93% 94 N Am Edison 6s. 91% 91% 91% Northwst BTel7s. 5 107% 1077% 1077 Otis Steel 7%s. 921 921 92y Pacific Gas & El s 89% 89 89 PacificT & T 5853 90% 90% S0% Pan-Am Pete 78. .. 103 103 103 PhilaCoref 65 A. 100% 100 100 Phila Co 5%4s38. ., 89% 89% 89% Pierce Oil deb 8s. 82 82 82 Punta Alegre 7s. 109% 109% 109% Sinclair Oil 7s. . 93% 93% 93y Sinclair O1l 63s. 88% 87% 884 Sin Crude Oil 5%s. 96% 964% 861 Sin Crude Oil 6s 96% 96 96 South Bell Tel 5s 94% 94% 94% So Por Rico Sug 7s. 5 101 101 101 Tenn Elec Pow 6s.. 92% 92% 92y Tide Wat Oil 63%s.. 102% 102% 102% Toledo Edn 18t 7s.. 1 106 106 106 !Union B=g & P 6s.. 97% 97 97 Unit Drug cv 8s 110% 1103 110% U S Rub 1st rf bs. 85 84% Bau U S Rubber 7%s. 105% 105% 105% USSteel sfbs... 102 101% 101% Utah Pow & Lt 5s.. 87% 87% B8T% Vertientes Sug 7s. 96% 96 96% Va-Car Chem 7s... 87 87 87 6715 67% 67% Va-Car Ch T%s W. West Union 6%s... 1 108% 108% 108% Westinghouse 7s. 107% 1073 1073 Wilson & Co 15t 65, 6 96% 961 964 Wilson&Cov 7%s. 1 96% 96% 96% Youngstn S& T 6s. 25 93% 93% 93% Queensland 7s. Queensland 6s. Rlo de Jan 851947. Rio Gr Do Sul 8s. Seine, Dept of, 7s Serbs Crotes Slo 8s. Solssons 6s. Sweden 6; 0 pReananae 961 98K 86% 98 86% 105% 974 =1 - - 5 1 0 1 50 1k e G110 1 O h 1 €3 0 0 B CO TN LD 03 1 01 B 10 10 e G 10 O 13 B EXPORTS SHOW BIG JUMP IN SEPTEMBER U. S. Trade Balance for Month Reaches Total Sum of $126,000,000. By the Associated Press. Exports of the United States dur- ing September amounted to $381,000,- 000, as compared with' imports of $255,000,000, leaving a favorable trade balance for the month of $126,000,000. BOSTON STOCK MARKET. BOSTON, October 13.—Following is a list of today’s highest, lowest and clos- ing prices for the most active stocks dealt in here: Tigh, Low. Clowe. Alloez % Amoskea - 0% Arcadian” Cons . 1: Calu & Ariz. Calu & Hecls. Copper Range East Butte . Eastern 8 § Elder Corpn Franklin_ . Hardy_Conl Food Rubber Taland Creck pid and Creel Libby, McNeil & Libby. Mass Gas .. Mayflower 0 0.. Mohawk . Nat Leather Quiney ..... St. Matyian Stioe Mach Shoe Mach pid. Superior & Boston. Switt & Co. Trinity .. U § Smeit: U S Smelt ptd. Ventura Oil Wald ‘When a man lacks nerve he is apt to think that he is discreet. Direct to The Star Office. RAILROADS. Sales. High, Atchisor: gen 4s... 14 87% AtlanticCLcl4s.. 5 81% B&Oprinays... 96% B&Ogold 4s 9% 79% 101% 101 83% 83 B4v% 84 * 6% 76% 95 95 67% 67% 884 88 83 83 88 87% 113% 113% 112% 112% 9% 79% 95% 95% B6% B854 88% 88% 83% 83% 54% 6% 81% 31% 98% 98% 6% 6% 61% b51% T4% 4% 56% 5€ 107% 107% 7 5 1% 1% 4% 74 89 89 112% 112% 0% 70% 101% 101% 101% 94% 84 975 69% 49% 51% 54% 103% 106% 81% 99% 62 874 40% 16% Low. 87% 81% 96% Ko &0 PLEE WYV 4s. & OSW div3ys. B & O Toledo 4s. .. Bklyn R T 7s°21... BKIR T 75’21 ct st. Buft R&PItt 43s. . Canadian North 7s Canad North 63%s.. Canad Pac deb 4s.. Car Clinch & O 6; Central Pacific 4 Ches & Ohfo cv b: Ches & Ogn 4%s.. Chi & Alton 3s. . Chi & Alton 3%s. . Chi B&Q 1st rf 6s. . Chi & E 11l gn 6s. .. ChiM&StPrf 434s Chi M&St P 45°25. . Chi M&S P cv 4%s. Chi& NW 6%s.... ChiRysBs. ... ChiRI1&P gn 4s ChiRI& Pac rf 4s. Chi Un Sta 4%s. Chi Un Sta 6%s. ... Chi & W Ind cn 4s. CCC&StLrf6sA.. Cleve Term 5% Cleve Term 6s. .... Del & Hd 1st rf 4s. Del & Hudson 53%s. Den & Rio G cn 45. Erfegends..... Erie conv 45 B. Erie conv4sD. Gr Trunk sf db 6; GrNorthgen 7s. .. Hud & Man ref 5s.. 111 Cent ref 5s'55. . Int Rap Tran bs. .. Int Rap Tran 7s... Int & G Nor aj 6: Towa Centrf 4s.... Towa Cent 1st 5s. .. Kan City Ft S 4s. Kansas City S 3s. Lake Shore 4s'31.. Lehigh Valley 6s. Louls & Nash 6%s. Loyis & N 5s 2003... Manhat Ry cn 4s. .. MK&TprinbsA. MK&T6sC = MK & T adj s Mo Pacific 6s Mo Pacific 53 '65. ., Mo Pacific gn 48. .. N ¥ Cent deb 6s. N Y Cent deb 4s. NYCentrigs. N Y Cent cn 4s '98. New Haven c d 6s. New Haven 7s fr. New York Ry aj 5s. NY Rysadj 5sct.. orfolk & W cn 4s. orthern Pac 3s... Northern Pac 4s... Northn Pacr1 6s.. Northern Pac 5s D. Ore & Calif 1st 5s.. Ore Short Liref 4s.. Ore-Wash Ist rf 43, Pennsyl gen s, Pennsyl gen 4%s. . Pennsyl 6%s...... Pennsyl gold 7s... Pere Margq 1st & o RN AR R ORI RN IHOOAN e NN HONBONOBR AN DANS A~ BN AW~ - o 3 S MO AARNRNGAND AN SN NONESBRBR O~ - Rapld Tran 6s..... Reading gen 4s. Rio G West cl 4s RIArk & L4%s StL&SFplisA.. StL&SFincés... StL&SF5%sD.. StL &S Fadj 6s, Seab'd A L ref 4s. Seab'd A L adj 5s.. Seab’d A L con 6s. . Sou Pacific 4s 1929. Sou Pacific ref 4s. . Southern Ry 1st 5s, Southern Ry gn 4s. Southern Ry 6%s.. 15 Third Ave ref 4s... 12 Third Ave adj 6s 2 Union Pac 1st 4s... 20 Union Pac cv 4s 21 Union Pac cv 6s. 1 102% Virginia Ry 1st58.. 2 931 VaRy&Plst5s... 1 86 ‘Western Pacific 5s. 6 78% TOTAL SALES (Par Value): 1lam.. 1780000 12Znoon. 3148000 FIRST FROST SCARE SENDS COTTON UP Heavier Mill Takings and Larger Consumption Reports Also Help Advance. - a RewSad By the Associated Press. NEW ORLEANS, October 13.—The first frost scare of the season hit the cotton market today and a strong rise resulted. Buying was increased by a much higher Liverpool than due, heavy rains in the extreme West- ern belt, large mill takings for the week and large consumption for Sep- tember. During the first call prices were 65 to 68 points higher, and these { over, FINANCI L. Gty Pt = EARNNGS REVEAL LOCAL WHOLESALE MARKET, Eggs—Strictly fresh, selected, can- led, per dczen, 42; average ruceipts, 3 storage, 34a3b. Live poultry—Roosters, per 1b., 18; turkeys, per Ib., 35; spring chickens, per Ib., 26a27; keats, young, each, 50a 70; fowls, per Ib. 36a27. Dressed " poultry — Fresh killed spring chickens, per 1b., 33a35; roast- ers, per Ib., 30a35; hens, per Ib., 30a32; turkeys, per Ib., 38a40; keats, young, each, 80as5; roosters, per Ib., Live stock—Calves, choice, per 1b. 12%al3; medium, per 1b., 11alZ; thin per b, 8a10. Lambs, spring, per Ib. 14. Live pigs, 3.0085.00 each; 1i hogs, per 1b., 8%. Green fruits—Apples, new, per bas- ket, 50a2.50. California oranges, per crate, 5.00a6.50; Florida, 3.00a6.00. Lemons, per box, 4.00a5.00. Grape- fruit, 4.00a6.00. Peaches, per basket, 1.26a2 half bushel basket, 75a 125. Grapes, Concord, twenty-pound basket, 75a1.00; two-quart basket, 26a 30; Colorado Lopes, standards, 1.00a 2.00; flats, 50a75, Vegetables—Potatoes, per bbl. No. 1, 3.00a3.50; No. 2, 1.50a2.00. Potatoes, round, per bag, . giant potatoes, per bag, 2.50a2.75; sweet potatoes, 3.00a3.50 per bbl. New York lettuce, per crate, 1.50a2. northern, _2.00a2.35 per nearby, 1.50a2.00 per bbl. crate, 75a1.00. Tomatoes, half bushel basket, nearby, 25a65. Beans, 3.00a 6.00 per bbl. ~ New York celery, per crate, 4.5025.60. Squash, 2.00a3.00. Pep. pers,’ per crate, nearby, 50a7s. Kale, per bbl, 75a1.00. Spinach, per barrel, 1.00a2.00. Home-grown lima beans, per quart, 30a35; New York cucumbers, per bushel, 2,00a3.00. Sugar corn, per dozen, 15a30. GRAIN AND PROVISIONS. BALTIMORE, Md,, October 13.—Po- tatoes—White, 100 pounds, 75a2.00; 150 pounds, 1.00a3.25. Sweets and yams, bbl, '1.00a2.75; bushel, 75a1.00. Beans, bushel, 1.00a1.75. Lima beans, bushel, 1.00al.25; hulled, pound, 12a per 100, 2.00a3.00. Brocoli, 30. Cabbage, per 100, 4.00a Savoy, bushel, 50a60. Carrots, 0. 4.0025.00. Caulifiower, bbl., 1.75a2.00, Celery, dozen, 35a75. Corn, dozer, 10a20. \Eggplants, basket, 40a 50. Kale, bushel, 25a30. Lettuce, bushel, 75a1.25. Onlons, 100 pounds, 2.00a3.50. Oyster plants, per_ 100, 6.00a8.0. Peppers, basket, 30a75. Pumpkins, per 100, 5.00a10.00. Spin- ach, bushel, 50a65. Squash, basket, 30a40. Tomatoes, basket, 40a50; packing stock, bushel, 75a1.00, Tur- nips, bushel, 60a75, Apples—Packed, barrel, 2.0024.50; bushel, 50al.25; loose, barrel, 1.50a 2.50; bushel, 50a1.00: basket, 20a35; Cantaloupes, box' apples,’ 1.50a2.50, crate, 150a2.25. Crab apples, bushel, 1.5023.00. Cranberrfes, barrel, 6.00a 8.00." Grapes, basket, 75a85. Grape- fruit, box, 2.50a4.00. Damsons, bas- ket, ‘50275, Oranges, boX, 2.50a4.50 Pears, bushel, 1.00a4.00; basket, 15a25. Quinces, bushel, 1.00a1.50. Settling Prices on Grain, . 2 red winter, spot, red winter, garlicky, No. 3 red winter, gar- o. 4 red winter, . Cabbage, 100 pounds; Eggplant, per licky, spot, 1.05% garlicky, spot, 1. Sales—None. Corn—Cob, old, 5.25 barrel; No. 2 corn, spot, no quotations; track corn, yellow, No. 2, old or better, 1.18. 3 white, new, 51 and 51%. Vearby, 75a85 per bushel; No. rye, spot, 80 per bushel. Hay—Receipts, 48 tons. The hay market is firm for .the better grades of timothy and light clover mixed. There is a fairly constant demand at the following quotations: No. 1 timothy, 27.00 per ton; No. 2, 26.00a26.50; 1 Tight_clover, 22.0023.00; No. 1 15.00a No. 1 2 .00; “No. clover, mixed, 25.00a25.50; clover, 22.00a23.00. Straw—No. 1 tangled rye, 16.00; No. 1 wheat, 13.00a14.00; oat, 14.00a15.00. No. 1 CHICAGO LIVE STOCK MARKET. CHICAGO, October 13.—Hogs—Re- ceipts, 8,000 head; active; steady to strong; bulk better grades, 200 to 300 pound averages, 8.20a8.30; top, 8.30; desirable 140 to 180 pound averages, 5a8.15; bulk packing sows, 6.9 7.10; good and choice weighty slaugh- ter ' p: 7.00a7.75; estimated hold- ,000 head. Cattle—Receipts, 1,000 head; com- pared week ag ighty matured steers, 50 to 1.00 lower: top matured steers, 12.60; best yearlings, 12.00; she stock, steady to 25 cents lower; bulls strong to 25 cents higher; vealers 50 cents higher. Bulk prices follow: Fed beef steers, 9.00a11.00; butcher cows and heifers, 4.00a8.00; canners and cutters, 2.75a3.40; vealers, 1.50a2.25; stockers and feeders, 5.25a7.00. Sheep—Receipts, 3,000 head; today’s receipts mostly direct; for week di- rect, 15,000 head; all classes and grades generally steady; feeding lambs, 15 to 25 cents higher; top na- tive lambs, 1 bulk prices fat lambs, ~ 13.00a13. fat _vearlings, 11.00a11.50; wethers, 7. ewes, 4.50a6.00; feeding 1 13.00. TODAY’S CHICAGO PRICES. CHICAGO, October 13 —Although wheat showed an upward tendency at the opening today, values soon de- clined. The Initlal appearance of strength was ascribed to something of an advance in Liverpool quota- tions. Bearish Canadian crop esti- mates proved more than an_ offset, however, and with numerous holders here selling to realize profits the market underwent a material sag. The opening, which varied from the same as Thursday's finish to 33 higher, with December 1.09% to 1.09% and May, 1.13% to 1.13%, was galns were maintained during the first half hour of business. December ad- vanced to 28.20. Colder weather was predicted for the western belt with frost, heavy to killing in some locai- itles, especlally in the more northern section. Mill takings were 304,000 bales for tho week, against 274,000 this week last vear, while the figures of 483 852 bales as consumption in thi country during September were larger than expected. NEW YORK, October 13.—Cotton futures opened firm; October, 29.0 December, 28.45; January, 27.9 March, 28.02; May, 28.08. NEW ORLEANS, October 13.—Cot- ton futures closed very steady at net gains of 58 to 67 points. October, 53.24; December, 28.16; January, 27.95a 28.00: March, 28.98; May, 27.82. Spot cotton, steady and unchanged. Sales on the Spot, 214 bales; to arrive, 700. Low middling, 26.88; middling, 28.38; good middling, 29. NEW YORK, October 13.—Spot cot- iton steady; middling, 29.70. Cotton fu- tures closed firm: October, 20.19 to 29.20; December, 28.58 to 28.60; Janu- ary, 28.08 to 28.11; March, 28.15 to 28.20; May, 28.17 to 28.19. ] FOREIGN EXCHANGE. October 18, 1023—11:44 a.m. ations furnished by W. B. Hibbs & Co.) Qo Nominal ~Selling checks, gold value. today. 18665 4.53% .00 % ‘0608 ‘0519 “0000000020 (04563 1704 it ZLondon, pound Montreal, dolla Paris, franc. Brussels, fran: Berlin, mark. Rome, lira ... Zurich, franc Athens, drachma Madrid, peseta . Vienna,’ crown Budapest Prague, crown Warsaw, mark. 1565 Stockholm,” crown 6 By the Associated Press. NEW YORK, October 13 —Foreign exchange irregular. (Quotations in United States dollars): Great Britain, demand, 4.53%; cables, 4.53%; sixty- day bills on banks, 4.50%. France, demand, .0608; cables, .0608%. Italy, demand, .0455%; cables, .0456. Bel gium, demand, .0518%; cables, .0519. Germany, demand, .00000000025; ca- bles, .00000000025. ' Holland, demand, .3925;" cables, .3930. Norway, de- .1564. Sweden, demand, .2644. Denmark, demand, .1764. Switzerland, demand, .1794. Spain, demand,, .135 emand, .0160. Poland, de- 00001%. Czechoslovakia, de- .0297%. Jugoslavia, demand, .0118." Austria, demand, .000014. Ru- mania demand, .0047. Argentina, de- mand, .3237. 'Brazil, demand, .0975. Montreal, .98%. mand, % followed by slight further gains and then by a setback all around. Corn and oats fluctuated with wheat. Frost predictions were by many traders construed as_bearish, After opening unchanged to % higher, December, 767 to 77%, the corn mar- ket underwent a moderate decline. Oats started a shade to % higher; December, 43% to 43%, and later eased down a little. Provisions were firm in line with the hog market. WHEAT— Open. High. Close. 1.00% 1.00% 1o 1093 Low. 1.08% 112! 1,09 113% 114 L1108 110% October Junuary RIBS— Qctober Januery DAIRY PRODUOTS. BALTIMORE, Md., October 13 (Spe- cial).—Live poultry—Spring chicken, pound, 22a26; Leghorns, 20a23; old hens, 18a27; Leghorns, 18a22; old roosters, 14ai5; ducks, 17a25; pigeo: pair, 20a25; guinea fowl, each, 40a65. Eggs—Loss off, native and nearby firsts, dozen, 40; southern, 37a38. Butter—Creamery, good to fancy, pound, 44a47%, prints, 48a50; nearby creamery, 38a42; ladlés, 34a35; rolls, 28a32; dairy prints, 28a32; process butter, 33a39; store packed, 28. LIVERPOOL COTTON. LIVERPOOL, October 13.—Cottton— Spot, quiet; prices steady; good mid- ling, 16.95; fully middling, 16.85; mid- dling, 16.75; low middling, 16.20; good ordinary, 15.70; ordinary, 15.40. Sales, 2,000 bales, including 1,600 American. Receipts, 14,000 bales, including 3,200 American. ' Futures closed very steady. October, 16.35; December, 15.88; January, 15.72; March, 15.50; May,” 15.28; July, ‘14:93; September, 13.98; October, 13.58 —_——— CHICAGO STOCK MARKET. CHICAGO, October 13.—Following is a report of today's sales, high, low and_closing quotations at the Chicago Stock Exchange : Sales. High. 90 Armour of Hufld M; 80 80 Commonw'th is. 127 127 Gill Mg .. " 18 Holland St Lo 17 17 Mid West Utilit 45% 451 Standard _Gas com 27 27 200 Stewart Warner .. 81 80% 350 Un Carb & Carbon 62% 52 535 Yellow Mfg B. 103 10214 610 Yellow Taxi . 116 115% 115% Total sales, 14,000 sbares. 45% 2 - SODMMOBAN American Tel. & Tel. Co. Re- ports for Nine Months. Trading Is Light. Net earnings of the American Tele- phone and Telegraph Company for the first nine months of 1923 show a gain of approximately $10,000,000 over the corresponding perfod of last year, or $71,003,481 and $61,060,853, respectively, Of the total earned this year, thus far, $9,747,338 is due account of in- terest charges, while dividend deduc- tions will account for $46,770,739. leaving a balance of $14,485,404. The balance for the first nine months of last year totaled but $10,372,713. These figures are subject to minor changes when final figures for Sep- tember are available, In a letter to stockholders, Pres:- dent Thayer calls attention to the first eight months of this year, when there was invested In additions to the operating plant of the Bell Tele- phone system over 150 millions of dollars. * In this period of eight months, service was extended to more than one-half milllon additiona: stations. The demand for service is unabated, he states, and there are still some places in which the com- pany is not able promptly to connect new patrons. The new facllities which are_being_provided will fa- vorably affect this condltfon, and while supplying needed service will also provide thelr proportionate earnings. e earnings per share for the year 1922, exceeded dividend requirements by a larger margin than the average for the previous ten years. Officials of the organization declare they are continuing with a like margin on the increased capital. Exchange Trading' Light, Prices ruled evenly on the Wash ington Stock Exchange today, with trading decidedly restricted. Gas bs sold at 93%, whils the 6s of the com- pany brought 100%. Raflway 4 per gent bonds s0ld to the extent of §2,000 In the stock list, twenty-one shares of Railway preferred at 71, and ten shares of Capital Traction at 100% provided the only activity. Loan Assoctation’s Cfficers. At the annual meeting of sharehold- ers of the District Building and Loan Assoclation, held recently, the fol- lowing officers and directors were elected: President, Willlam S, Quinter; vice president, George S. De Neale: secretary, F. Willson Camp, and treasurer, J. Benson Thomas. Directors chosen for the ensuing year include George A. Baker, S, Will- son Camp, George S. De Neale, Charles M. Keefer, William S. Quinter, Harry Sherby, J. Benson Thomas and Wil- Ham H. Warne: The secretary'sannual report showed a very gratifying gain in the assets of ithe association, and the sharehold- ers expressed gratification at the showing made. The new president, Mr. Quinter, is also president of Quinter, Thomas & Co., and vice president of the Build- ing Association Council of the Dis- trict of Columbia, and has for the past four vears been sent as repre- sentative from the local council to the United States League of Building and Loan Associations. Banker Takes Vacation. William C. Johnson, assistant to the president of the Federal-American National Bank, is spending a vacation at the Blue Ridge Rod and Gun Club SWISS NEUTRAL ZONE INVADED BY FRANCE Poincare Orders Tricolor Placed on Frontier Regardless of Helvetian Vote. By Wireless to The Star and Philadelphia Pub- lic Ledger. Copyright, 1923. PARIS, October 13.—Premier Poin- care yesterday caused a tempest in the European teapot by ordering French customs officials to move up to the Swiss frontier in Haute Savoie and plant the French tricolor, thus doing away with the ten-mile “free zone,” which has existed between Syitzerland and France since the de- féat of Napoleon. The free zone long has been a cause for border bickering since the Prus- sian-English allies established it after Waterloo. As a protective measure against French invasion, France was forbidden to maintain either troops or customs guards within the neutral zone. However, both countries agreed to abolish the zone in 1921, but _the Swiss people refused to vots ratifica- on. The French reopened the negotia- tlons lately, but Switzerland was so slow that M. Poincare sprang a “Mussolini” on the Swiss by ordering the zone abolished and will talk about it afterwar As the Qual @’Orsay explained, “he did not do it to interrupt the negotiations with Swit- zerland, but to stimulate them.” DEATH CLAIM: WEDDING GUEST; OTHERS INJURED Auto Upsets, Killing One—Brides- maid and Three Othérs Critical- 1y Hurt in Accident. By the Associated Press. RIDLEY PARK, Pa., October 13. Death stalked a wedding party near here yesterday and claimed Miss Mar- jon Robertson of Charleston, S. C., as the result of an automobile collision She was pinned under the upset car. Miss Elizabeth Thompson of Green- wich, Conn., a bridesmaid at the wed- ding of Miss Winifred Morris Sloan. Ridley Park, to James W. Lukens, for- mer foot ball player on the Lafayette College team, suffered a fractured skull. Four others in_ the party, in- cluding Miss Marion M. Sloan, maid of honor and sister of the bride, and Edward Wheeler, former University of Pennsylvania oarsman, were in- jured. The automobile carrying the wed- ding party crashed into another car which was ahead of it and had sud- denly turned to enter a side road. U. S. TOURIST DROWNS. River Canoe Capsizes on Nile ‘While on Long Trip, CAIRO, Egypt, October 13.—C. R Morrison of Philadelphia was drowned in the NNe yesterday while voyaging up that stream in a canoe in which. with a Swiss companion, he intended eventually to negotiate the interior African streams and lakes and reach Cape Town. Morrison and his fellow voyager started from Alexandria Wednesday. The Nile was at full flood and they had not gone far when their canoe capsiz@l as they were battling a strong current. Morrison was one of a party of four 3, [who left the United States two months ago for a tour of the world. Two members of the party died while on the way here. el Mrs. Bertha D. Horchem of Ransom, Kan, is the first woman to enter as a contestant in ao international air race.