Evening Star Newspaper, October 26, 1923, Page 30

30 B INIMUM PRICES IN MANY STOCKS Selling Movement Pushed Hard Again Today in Wall Street. BY STUART P. W Special Dispatch to The Star. NEW YORK, October market today was another suc ing vements ks, Wall stre a bee hand on Famous } unexpected studios cust ed o of w and W account of excessive costs, was a fresh rush to & ¥amous Players opened down points, had a bricf rally, then broke violently again. American Woolen Breaks. Bncouraged by this success ope tore for the decline began ugain th search for vulnerable spotx. Ameri- Woolen was driven down to & w low, and o was International aper. The United States Rubber stocks were very weak again, the p erred sellin 101; per cent ba This stock W ithin 3 points of the treme low reached during the orst of the great depression of 2 tes Rubber pro rred of having had nsational sinking spe of having been entirely without support and up with equa rectors have vo he regular rate of distribution. "The break in American Woolen w panied by reports that business lines was disappointing some of mills would £ed before long. These been denled authori- and But the peculative community mood, has refused to accept the de- nials. most o 0% t at explanation for International Pape which broke through I8 today the first time. The impression been that print paper b vanced enough to balunc crease of the last tWo year: and {n other cost ; i this there is the e ac- o ition to be considered and tariff dutics on im- of ¢ an pulp owned by th snal Paper. The supposi- is that on cost of materials satisfactory weakness in ot under the #am. had been the day before, but they showed no dis- position to recover. Con: ing the extreme weakness in the Ver peciulties, standard industrials con- tinued to stand up well. This was ruc of United States Steel, Buldwin Locomotive, American Can, Dupont and Repubiic Iron and Stee Tinancial Review and Outlook. from ths course of t financial op mixed on or not anyth rencwal of the he the ations confere ,reign exchanges are no lons- hy indicator that the they atracted t! speculation _which he object of in_recent jump in French 5 5 against Thursday's 1 < 43,, was very largely a suddeu right on the part of extensive Tt interest. Later in the day there a reaction not only in francs other allied currencl o cnthusiasm over the o- ican exchange of mnot indicated in the commodity mar- Kets, in the wmarket for kuropean wovernment bonds or on the local ock exchange. The price move- Jents in these quarters were occu- pied with other concerns. Tae suggestion that a European sottlement would bring more of a de- mand for wheat was entirely lost upon the grain market of the day. Downward Plangs Near Close. In the late trading Woolen was pushed down nearly four points to slow 67. International Hurvester 2o had a very rp break, which “was set down to “t: 1ing.” This, o doubt, will be the favorite reasor srom now on for many declines. W downward plunges imposed_a good deal wuin failed to bring ess into some of the Baldwin Locomotive United States St in ho ‘Vhen the pressure in other parts of the list subsided. Copper sharcs, par- ticularly Anaconda and Utah, were raceiving ~more _effective support. Ralls did little rallying, but were not as they had been on Thursday. MARKET CLOSES HEAVY. Angl ese violent #pectal stocks a strain, they ortant weakn. ket leaders. By the Associated Press, NEW YORK, October 26.——The fes ture of today’s heavy stock market was a epectacular 10-point drop in Famous Players and an_cxtension of iquidation among many industrials und speclalties. The more ch news relative to rcparations, timulated for. s ignored by ustaining influen mated 650,000 shar. The closing Jlquidation cont rious W spots ar ;i end covering PERE MARQUETTER. R. BONDS ARE OFFERED Ey the Associated Press. NEW YORK, October oftering was made today 0f $12,500,000 thirty-three cent first mortgage bonds, ¢ the Fere Marg and interest recoveries in close of the usual w —Public of an issue ear § per series A ratlway vield 5.40 at 3% cent. Postum Cereal and subsi ports net profit of nine months ended September 30. The deficit of $5 reported by he American Cotton Oil Company for 118 |ln4‘l year ended August 31 w. icipated in a recent statement is by President Morrow. The it included more than 33,000,000 lost in the scale of cotton ofl plants, disposed of in carrying out the com- rany’s policy of getting out of the ‘otton oil business and concentrating on the production of soap und wash ing powders through the newly or- they have | ver | FINANCIAL. t Am Express. | Adv Rumle: { Atr Reductio: | Afax Ruble: | Alasica Gola. Alaska Juneau Allfed Chiem. Allied Cher pt. Allla Chalmers. Am Agr Chem.. ! Am Beet Sugar. Am Bosch... Am Can. Am Can pf. Am Chicle Co. | Am Cotton O11... Ar Cot Oil pt. Am Druggls AmH& L Am Ice. Am Intern Am Linsce: Am Linsced Am Locomo ! Am Meta 107 88% 1% 823 24% 921 106% 1% G tor. ... 11 Miil pf. Am Safe Razor. { Am Ship & Com. Am Smelting Am Steel Fdy Am Sugar. . Am Sugar pt Am Sumatra.. Am T & Cable. . Am Tel & Telex. Am Tobaceo. Am Tobac (B). Am Tob pt (n) Am Water Wks. Am W W 6 pe. Am Woolen Am Wonlen p! Am Writ Prpf “nacanda. . Asso D G 2d pf | Associated Oi Lichison. . | Atchison pf Aul Fruit ctfs. Atlantic Gnlt At Gulf pt. Atlantic Ref. Austin Nichols. Auto Knitter... Baldwin Loco. Balto & Ohlo. .. Balto & Ohlo pf. Barnesdall (A). Barnesdall (B). Beechnut Pack. ! Beth Steel. ... { Rikiva dison . Brkiyn-Man Tr. Brkin-Man T pt. ! Rklyn Rap T 0. Brown Shoe pf.. | Burns Bros (A). Burns Bros (£). Butte Copper. Butte & Super... Buttericl | Callzhan Zin: Calif Petroi.... Calif Petrol pf Calumet & Art “anaatan Pac Case Thre: Case (J 1) pf Central Leath. Cent Leath p2. | Cerro de Paaco. Chandler Mot. Chesap & Ohlo.. Chi & Alton. Chi & East 111, Chi Grt West Chi Great W pt. ChIMH&StP... ChiM!] &St P pt Ch! & Northwn. ChiRI& Pao... CLi R 1&P6§% pt. ChiRI&P T | Chile Copper Chino Copper. Columbia Gas Folumbia Graps Col Graph pf.... Columbn Carbon Com Solv (B)... Conley Tin I { Congoleum Co Cons Clgar, Cons Gasof Cons Textil ContCan....... Continental Mot Corn Products { Corn Prod pt Conden & Co. Cosden pf. { Crucible Stal Cuban Dom’can. Cuban Dom pf Davidson Chem. Del & Hudson. ... D Lack & West. Detrolt Edison Dome Mines. Pupont (B 1) | Eastman Koda Elec Stor Bat. 11k Horn Coal i Erle.. ! Erie1stpf. {Erte2d pt. Famous Players Famous Play pI. Fifth Ave Dus.. Fisk Hubber.... Flelshman. .. .. | Foundation Co.. H Freoport Texas. Gen Asphait. Gen Clgar. Gen Electric i Gen Dlec spi Gimbel Bros . Goldwin Co | Goodrich Goodrich pf. Goodyear pf. Granby Cons Gt Nortbern Great Nor Ora. Gt West Supt Guantana Sug. Guif Mo & Nor.. Gutt St Steel Hartman Corp. . Hartman rights. Hayes Wheel. .. Homestake. .... d prod.. { Hydraullc St Iinols Central. | 111 Central pt. Inland Steel v Ind Oll & Gas... inspiration..... interb Rap T in Ag Chemlcal. In Ag Chem pf.. Int Cement..... in Combust E.... Int Harvester Int Harvester p! int Mer Marine. int M Marine pf. Low. 89% 0% 6875 Bl i 1% 62 107 38% 11% 2% 24% 92 THE EVENING NEW YORK STOCK EXCHANGE Received by Private Wire Divect to The Star Office Close. 89% | Mack Trucks. 6% | Mucy Co pt. . 64 !Magma Copper.. 534 | Mellinzon & Co. 1% | Manhat E1 Sup.. 1% ; Man El inv gu: i Manila 21 Corp. Maracatbo ol1... 882 | Market St Ry ... 11% { Market St pf. ... 325 | Market St prior. 243 | Marland 011, 92 | Mathlson Alk!i!, 106% | Maxwell (A)... Maxwell () G4y | May Dp Stores. . 181 | Mex Seaboard, 5% | Mex Seabd ctf, | Mtami Coppor. . AMiddle St O1l. Midvale Steel. .. 1515 | Minp & St L (). 30 | Mo Kan & Tex.. 63% | Mo K & Tex pt.. Mo Pacific. . Mo Pacific pf. Montana Power. Montg'y Ward. . Mcon Motors Motner t.ode Natl Blecuit p?.. Nat Cloak & S pf Natl Dept Stores Natl Enamel Natl Leaa Nat Supply pf Nevada Copper. N Or Tex & Mox. N Y Alr Brake. N Y Central. . NYC&StLpt(n). | N ¥ Dock pt.. NYNH&Harted. Norf & Weatern North Ame Nerth Am pt. North Pacific, {Onyx Hostery. .. |0nyx Toslery pf Orphenum Circutt Otls Elevator. .. Otis Steel. Owens Bottls. .. Pac Gas & Elec. Pacific Ofl. . Packard Motor. Pan-Am Pete. .. Pan-Am P (B).. Panhaddle.... ., I Penn Seabd St1. | Pennaylvani { People'aGas. .. | Pere Marquette. {Pere Marg pt. Philadelphia Co Philip Morris. Philiips Pete. Phoenix Hosiery | ®lerce-Arrow . Plerco-Ar pf. *{ Plerce O11. 3 { Plerco Ofl p Pitts Coal. { Pitts Coal pt Pitts Steel Pittsbgh Uti Pitte & W Va. Pitts& W Va pf.. Postum Cercal.. Pressed Stl Car. Produc & Ref... Pub Servic Pub Serv 7% pe.. Pub Serv &% pt.. Pullman Co. Punta Alegr Pure Ofl. Railway Stl Sp. Ray Con Copper Reading. . | Remnington. Replogle Steal. Rep I & Steel. . Reynolds Spr. Rey Tobac (B).. Royal Dutch. 8t Joseph Lead. StL & 8an Fran St L&San Fr pt. St LSouthws... St L South pt. San Ceefl Sug. Savuge Arms. Schulte Stores. . Seaboard Alr L. Seabd AL pf.... Sears Roebuck. ears Roebl p: eneca Copper. . Lell Tr & Tran. Shell Unton. ... Shell Unfon pt.. Simmons. .. Stmms Petrol. Stnclalr Ofl. Skelly Oil 50 Porto Sugi South Pacific. { Sterling Prod. . Stewart-Warne: | Strombg Carb. . | Studebaker. .... Studebuker pf.. Submarine Bt. Syperlor O11 - Ruperior Stl pf.. Sweets Coof A. Tenn Covper. Texas Company Tex Gul? Suiph. Texas & Pacifla. { Tex& P C&OLl. | Third Avenue { Tide Water OL Timken Bearlng Tobacco Prod. Tobacco Frod A. {Tobacco Pro pf. | Trans Cont Oll.. | Underw'd(new). Un Cigar Strs | United Ry Tnv.. Utd Ry Inv pf. U S Cast I Plpe. 70% | U'S Cast Ir P pt. 85% | U'S Hoffman M. 12% | G S Indus Alco. 51% ! U'S Realty. 28% | U S Realty pt... Y% 9815 10 19 U S Steel. . U S Steel p?. Utah Copper. Utah Securitles. vanadtum Corp. Van Raalte..... Va-Car Chem. .. C Chem pf.. Vi Ry & Powe Vivadou Wabash. | Wabash pt (A). »| West Penn Co. West Penn pf. Western Md. ... Western Md. 2d. West Pacific. ... Western Unlon. West Air Brke. . Westhse EI&M. Wheeling&L 1. White Eag Otl.. White Motor.... Open. 7 13 27% 28% 26 803 94 1% 4 26 605 82 41 124% 847 24% 1075 59 22% 205 Sl 32% 46% 120% 981 3818 39% " 116% o6 9 Migh. Ll 118 29 36 80% Low. 70 118 2715 Close. 864 1034 64% 61t N 1% 41% 89% | 30w | BT 4% 19% 22% 28 % 19 ST 86 495 48 8% 920 243 T 153 13 51 1% u? 56 8014 61 5% s 9% 99% 2% 398 [34 16 ST &7 1273 8674 1184 56 14% 27% S1 7% 234 Sen 14 9% 803 4Ty 90 9 15 13 104% 8% o6 6% 20% 20% STAR, . INFOREIGN BONDS Some Rails Also Make Brisk Recovery—Weak Spots Keep Market Unsettled. By the Assocluted Press. NEW YORK, October 26.—Consider- able irregularity developed In today's early bond dealinge, but sthe main trend was upward. Forelgn bonds fm- {proved moderately in response to the more favorabl: reparations news, Parls-Lyons-Mediterranean 65 lead- ing the early advance with 2 gain of 1 point. United States government bonds held firm. Brisk recovery of some of the North- western rallroad mortgages featured the Tailroad st gains of % to 1% polnts being reglstcred by Colorado and Southern 4s, Rock Island General 4s, Missouri Pacific 4s and 6s, St. Paul convertible 41w, convertible 4s and re- funding 4%s, Atlantlc Coast Line 4s and Nickel Plate 4s. There were a4 few new weak spots, losses of a point or more being res corded by St. Paul General 4i:s, Pere Marquette 55, Norfolk and Western 4s and Southern Pacific 4s of 1929. A drop of nearly two points in Bethle- hem Stecl Refunding G was the fea- ture of the industrial llst. U. S. LOANS STRONG. Close Distinctions in Bonds Noted in Today’s Market. BY GEORGE F. HUGHES, H ial Dispatels 1o The EW YORK October = same sharp distinction between vestment and speculative securitie: 50 striking @ feature of the bond market Thursday, prevalled again to- day. United States government loans were strong with the second and the fourth 4%s both running up above 95 and the tax exempt 31is selling above par. Strength was the rule also in the higher grade rails and in- dustrials. Some Good Recoverten. Among speculative bonds there was {some recovery in the St. Paul and Missourl Pacific issues. The recovery, however, was not in proportion to the decline and even the statement of the president of the St. Paul and the ex llent September earnings stateme: fwere not sufliclent to sustain more | than a moderate rally fn the bonds.| The great problem ahead of the St Paul is the refunding of the Iluro- | pean loan debenture 4y and the wold 4s, both due June 1. 1 At the best a refunding loan must bear « high- er coupon rate and so Invelve an in- crease in fixed charges. It {s the un- certainty as to how this operation is to be arranged that causes th {bonds to sell below 70 | There was a larger recovery in Ma set Railway first 55 and col- oral trust 6s. The which are { secured by deposit of the 5, mature {April 1 next, and the Gs ure due ptember 1, 1924. Because of the ¢ short term the drop of between 4 points Thursday attracted ttention, but as f 11d be due to Sarnings 00d show- the break w maurket conditions entirely. statements make a very iing and while there is formation as to the progress of the ations with th for the tak property tb report c’ d not be ¢ today. l Some im | tollowed | spondence betwee; Ty and Lord Curzon. The udv ever, was only fractional. The: still’ too muny uncertaintles the situation to stf thu: sn There w Czechoslovak ! Industrials Irregular. i Domestic industrial {ssue. irregularly. Central Leather 5e sold below 95, a low price for a bond ma- The reason recent unfavorab ent. The bonds are first mortgage on all the mpany's property. Bethlehem Steel | refundlng os also sold down without fany particular known reason The new offering of $12,500,000 Pere Murquette t mortgage 5 per ce ! bonds was secibed be- [ fore noon. The old bonds sold today jon the exchange the same price | .w issue was brought out at,| yield of over 5.4 per cent | | doubties: {earning ed 1 COTTONFUTURES " GOSTILHGHER i i {New Top Records for Season) Again Reached on Bad | i Weather Reports. i —The cot- | n market showed renewed activity jana strength carly today owing to continued bad weather reports from | the south, relatively firm Livernool and o further broadening of hou demand. The open- = steady at an advance of SI to 24 points and the active positions | soon showed net gains of 29 to 37 points, making new high records for The eeason. December contracts sold at 30.95 and March to 30.36. Liverpool cables reported an im- provement in trade, with spinners Pusing freely, but the market here seemed to be chiefly influenced by bullleh southwestern weather condi- tions and the tendency to scale down crop estimates. A private repoct is- Susd ‘today estimated the crop at 10,300,000 bales. { New Orleans Prices Jum: NEW ORLEANS, October 2 I\'urubla private crop accounts, | weather in many sections of the belt rna ‘much batter cables than duc sent | the price of cotton to new high rec- ords for the scason today, the trad- | ing pesitions gaining 30 to 38 points in the first half hour of business. De- cember rose to 30.43. Heavy buying resulted from private advices by cable from Liverpool stating that more business was being done {n the Man- chester cloth market. The interior bought considerable cotton, but pro- fessional traders came In with an ag- gressive demand. Noon Bids on Cotten. NEW YORK, October 26.—Cotton futures, 1145 a.m. bids: Steady; De- WASHINGTON, IMODERATEGAINS | D. C. FRIDAY, OCTOBER 26, 192 [=xvv vors BONDS o smet] ON NEW Y Received (Bales are UNITED STATES BONDS. thirty - seconds. 98-3 means 98 3-82.) Sales. High. (Fractions Ezampl Lib 8%s. Lib 1st-2 Lib 2d ds..... Lib 1st 438, Lib2d 4s... 675 Lib 3d 4%s...1116 Lib 4th 44s.. 963 US4%e 1965, 298 76 51 4 19 A represent n_$1,000.) Low. 00-2 100-1 97-20 97-20 97-28 97-28 98-3 97-31 983 97-29 89~ 98-29 985 97-30 99-12 FOREIGN. Sales. High. Argentine 7. Austria 7s. Belglum 7T4%s. . Bolgium 6s. Belgium 8s Bollvia gs Eordeaux Brazil Brazil 8t Brazil 7% Canada Gs 1926 Canada 5%s 192 Canada bs 1931 Canada 5s 1962 Chile 83 1948 Chile 85 1926 Chile §3 1941 Chile 7s 1943 Chinese Gov Ry Gs. Christiania 8s. .. Copenhagen 5% Cuba 6% ctfs Czechoslovakia Denmark 8s Denmark 6s. Dutch E16%s.... Dutch East I 6547, Dutch East I 65°3. Framerican 73s. . French Govt 8. French Govt 7 Haiti 6s Hollanad Italy 63 Japanese 2d 4Lis. . Japaneso 4s. Jergen UM 63°4 Lyonsés.. Marecllles Mexico Moxico 4s. Netherlands 6s Norway gs. Norway 6s 104 Norway 68 1952. . Orient Dev deb 63 Paris-Ly's-Mod 6 Prague 7%s....... Queensland Ts Queensland 6s. ... Rio de Jan §s 1946. Riode Jan 851947, Rio Gr Do Sul §8... Sao Paulo.State,8s. Scine, Dept of, 7s.. Serbs Crotes Slo £ Sweden @s.... Swlss Confed §s. .. Ud Kingm 5%8'29. Ud Kingm 58 '37. Ud Steam Copen 6s 9 102% 22 8% 13 98 96% 998, 87% 3% 8 9 17 12 e Bhevalanaatin e MISCELLANEOUS. Alax Rubber 8s... Am Agr Chem 7348 Am Chalnsf 6328, Am BmIt&R 1st Gs. Am BmIt&R 6s. ... Am Sugar Ref 6s.. AmT & T cv 6 AmT& Tl tr 5 AmT&T Am Writ Anaconda ¢ Anaconda 1st 63 Armour & Co 4 Beth Steel rf os. Beth Steel pr: i Beth Steela £ 6: Brier H St 1at Bklyn Edison 7 Callf Pote 633 v 3 Central Leather e 107 Cerro de Pasco 3 Chile Copper 6s. CinG & Eb%s " Commonwth P 6: Con Coal Md 13t Cuban-Am Sug 8. Cuba Cane cv d Ss. Cuba Cane cv 75’20 Det Cdlson ref 6s Diamond Mth teel Du Pontde N 77 { Duquesne Light 63 t Cuba Sug 7 mpire G&F 7 Fisk Rubber §. Gen Bleo deb 5 Gen Refractres Goodrich 624 Goodyear §a 19 Gocdyear 8s 1941, Hershey 65 1942 Humble O&R 5 Ilinots Bell 13t Gs. 3 Indiana Steel Se. Int Mer Marine 6s. Kelly-Spring. Magma, Cop cv Manati Sug sf 7%8 Mer & Mfg s £ 73°43 Mexican Petrol 8a. Midvale Steel Montana Power Gs. Morris&Co 1st 438 New Eng Tel bs. .. N Y Edsn 1st 6%s. NYG EL H&P bs. NYG EL H&P 4s NY Tel 6341, N Y Tel 68°49. N Y Tel 4%s, . N Am Edison 6 Nor States Pow Northwst B Te. is. Paclfic Gas & Fl s Pan-Am Pete Ts Phila Co ref 68 Phila Co 5% " Producers & Rf Se. Public Service b8, Saks & Cos £ 76 Sharon St1H Se Sinclair Oil 7s.. Sinclair Oil 6%s. o0 Crude Oll 5%8. Houth Bell Tel bs. 8o Por Rico Sug 7s Tenn Elec Pow 6s.. Tide Wat Oll 6%s.. Tobacco Prod sf Ts Toledo Edn 1st 7s.. Union B..z & P 68 Unit Drug cv 8s. U S Rub 1st rf b U 8 Rubber 7%s. USSteelsfbs.... Utah Pow & Lt Vertientes Sug 7s. | va-Car Chiem 7e... Va-Car Ch Ti%s w. ‘Warner Sugar 7s Westinghouso 78, Wickwire Spen 7s. Wileon & Co 15t 6a. ‘Wilson&Ccv 7%s. ‘Wilson & Co cv 6s. ‘Winchester A 734, Youn 1 29 ERallmiBmErcmm :Buaas e com [ - GuelabamoSaanranndt © w© BreomanemmEecimcagamt © = e vonBSaehbiaat ~ 109 Close. 100-1 97-20 97-28 98-8 97-81 98-31 97-81 99-9 Close. ‘101% 8T%h 9% 96% 99% ’.‘o-.[ 108 100% 00 by Private Wire Direct to The Star Office. RAILROADS. Atchison gen 4s. Atchison udf 4s. Atlantic C L st 4s. 1 Atlantic C L cl 4 B&Oprin3ks... | . 3 B&O gold 4 B&os. . O cv 44 bt B&Oref bs. B&0O PLIE&WY 4s. 1 B& O SW div3ayy B & O Toledo 4s BKIyn RT 7s°21... Canad North 6%s. Canadtan North 7 Canad Pac deb 4s. r Clinch & O 6s. Centof Ga 6s... Central Paclfic 4s. Ches & Ohio cv bs. Ches & O cv 4356. . Ches & Ogn 4%s. . Chi& Alton 3s.... Chi & Alton 3. . Chl B&Q gn 4s'68. Chi & ETll gn 5 Chi Great Wes CM & Puget 84 ChiM &St P rf 4348 Chi M&SL P cv 6 Chi M&Bt P 4s'25. Chi M&S P cv 4%s. Chi M&St P 46 '34 CM&StPgn 4y Chi& NW 7, Chi Rys bs ChiRI&Pgn ChiRI& Pacrt 4s Chi Un Sta 4%s ChiUn Sta 6%s Chi& W Ind cn 4s. Chi& WiInd 74%e CCC&StLrf 6 A {Cleve Term 53cs. Cleve Term bs Colo & Sou 4158 Cuba RRGs... Del & Hd 15t rf 4s. Del & Hudson 5% D& RG 1st rt b Erle 1t con 4s. Erie con ext 7 Erie gen 4s. Erie conv 4s A. Erle conv 4sD. Gr Trunk st db Grand Trunk 7 Gr North gen Gr North gen 5%s. Hud & Man ref Hud & Man aj Gs. . | 11 Central ref ¢; | Int Rap Tran & { Int Rap Tr 5s stpd. {Int Rap Tran 6s ong Island rf 4s .ouis & Nunids.., ! Loule & N bs 2003, 0 Pacific gn 48, New Or Term 4s 1k & W ev 6. Northern Pac 3s. 1. Northern Pac 4s. i Northn Pacr16s.. Ore & Calif 1st bs.. { O Short Licn s "46. S | Pennsyl gen by 8% 53 79 101'% 96% 10: 85% 8% 977 97% 8116 1043 105% 94% ol 995 107% €6 3 102% 8901 924 86% 87 944 100% 9215 102% 107% 106% 95% ! 1094 | B4 5 1025 | 1025 88% 2% 653 DRY GOODS HOLD FiRM. e | Pennsyl gen 415, i Pennsyl 6%s. ! Pennsyl gold | Pennsyl con 4155 | Pere Marq 1st 5. Pere Mrq 15t 45 '3 &SFPplesA.. L&SFprins. &S F inc 6e. & S 17 adj 6s. Seab'd A L con 88 Sou Pacific 45 1920, { Sou Pacific ret 4s. u Paclfic clt 4s. outhern Ry 1st 68, | Southern Ry gn ¢s. Southern Ry 6%4s.. | Sou Ry Moblle 4s Third Ave ref 4: Third Ave adj b Tol SUL & W 48. Union Pac 1st 4s... | Union Pec 1st rf 4s | Union Paccvds... ! Unton Pac 1st rf b8 | virginia Ry 1st Sa. { wabash 1st bs |W { Westcrn Pacific s, { Wost Shore 1st 4s.. Bklyn-Manhat 6s. 100 Sales. Higk. #8%4 9% 874 813 6% T9% 101% 83% 83% 7 96% 66% €6% 88 uz 13% 80% 96 100% 86% 88 871 83% 64 31% 86 7 48% 51 49 53% 69% 2% 2% 78 106% T6% 8% 4% RO 113% 70% 102 102 5 2 0 1 0 6 6 0 8 2 4 1 1 94% 95%% 58 % 9 80 Low. 88% 9% 864 8135 96%% 79% 101 88 % 5% 95% 66% 65% 88 111% 113% 80% 96 100% 86% 87l 87 88% 53 30% 25 kd Wi 50 48 b2% 68% 5l% % 78 106% 824, 91% 8% 39 93% 574% 920 8154 101 66% 93 8314 4% 6774 101% T6ig 50y a1 73% 033 82 908 99% 0814 s TOTAL SALES (Par Value): 473 000 6586000 iated Press, {of a novent i pay, effective conda and wage cut affec 12 noon < p.m, reduetion pay and contract work. mated that 14.000 men are affected. 59 000 7566000 \WAGES OF COPPER | MINERS REDUCED jCut of 50 Cents Per Day Affects 14,000 Men in Montana i Territory. { s Mont., October 26.—Notices in a ovember 1, were post- ed at all mining properties in Butt eat Falls today. The all working on day's 1t is esti- day’ High cost of production and low price of metals are given as the reasons for the reduction in wa, ges. LOW PRICES OFFERED FOR MOTOR CO. PLANT FINANCIAL. Grain, Produce and Live Stock LOCAL WHOLESALE MARKET. Concord grapes, in demand for eat- ing and preserving purposes are be- ing received in quantitles sufficiently large to supply all demands. Twenty- pound baskets of the fruit found ready sale at 75 cents and 31. Two- quart baskets brought from 22% to 28 cents. Grapefruit and oranges are being received in large quantities, and the fruit is in excellent condition. The demand is normal. Honeydew. melons and casaba are in greater demand, the cantaloupe season being about over and there is 2 8upply of peaches still to be had at prices reported us reasonable. Egas—strictly fresh, selected, can dled, per dozen, 40ads; average recely . per 18 turkeys, per Ib., 38a40; spring c per 1b.,’ 25; keats, young, each, fowls, per ib., 25. Dressed poultrs Freeh - killed spring chickens, per 50a35; roast- ers, per Ib., 30a35; hens, per Ib., 30a82 turkeys, per lb., 40a50; keats, youn each, 80a85; roosters, per 1b., 21a22. Live stock—Calves, choice, per 1b., 12; medium, per Ib., 11; thin, per Ib., 8a10. Lambs, spring, per Ib., 13. Live pige, 3.00a5.00 each; ltve hogs, per Ib., 0as0; Green frujte—Apples, new, perhas- ket, 50a2.50. California oranges. per crate, 6.00a7.00; Florida, 3.00a6.00. Le: ons, per box, 3.00a4.00. Grapefrult, 3.50 44.50. Grapes, Concord, twenty-pound basket, 75a1.00; two-quart bagket, 22%a 26; Colorado flats, 50475; honeydew mel. ons, 1.26a1.75. egetables—Potatoes, per bbl., . 1, 8.00a3.50; No. 2, 1.50a2.00. Potatoes. ver bog. sweet poto- Fork lettu Peppers, per 50a1.00. Kale, per bbl. ach, per barrel, grown_lima beans, New York cucumbers, 2.0023.00. Sugar corn, 15a35. GRAIN AND PROVISIONS. BALTIMORE, October %6 (Speclal). —Potatoes, white, 100 pounds, 2.00; 150 pounds, 1.00a3.25: eweets and’ yams, barrei, 1.00 ;_bushel, 75a1.00; beans, bushel, 1.25a1.75; lima beans, ‘bushel, 1.75a2.25: beets, 160, 20024.00; broccoll, bushel, 15225 cabbage, per 100, 4.00a6.00; savo: f0460: carrots, per 100, 3.0045.0! 35a45. ‘bushel. dozen, per quart, per ver rqplants, nel, 16a25; oniong, 100 pour lants, per 1 -ppe; basket, Iper 100, 5.00a10.60 10a80; tomatoes, ing stock, bus bushel, 30a40. barrel, Toose, 1.0 2.00a4.00; barrel, hel, box apples, S ; barrel, 4.0046.00; grapes, basket, iia 85; grapefruit,” 2.00a3.25; orange: box, 3.50a4.25; pears, bushel, 75a3 basket, i quinces, bus Selling Prices on Grain. o. red winter, red winter, spot, inter, garlicky, red winter, quantity of receipts. De- constant fo DAIRY PRODUCTS. ALTIMORE, Md., October al).——Live Poult . 21a23; leghorn! al¢; leghorns, 1 ( 1d rooster: prints. 49a51; nearby creamer: ladles, 34a35; rolls, priuts, process store packed, Z7. TODAY'S CHICAGO FRICES, i CHICAGO, October 26.—Althous! heat market took & pronounced u; rd swing at the opening today, a decline soon et in.' Initlal gains iwere ascribed to news from Washing- ton about plans proposed for gov- { crnment financing of wheat and flou {cxports to Germany. Increased lik hood nternational econos conference was also a bullish facto but selling broadencd out on the ad- {vance in pri \d caused a reaction. The opening which varied from un changed figures to half cent higher {seith December, 1.07% to 1.07%, and i May, 1.12 to 112%. was followed by ia galn of 1 cent a bushel in some {cases und then b below yesterday's 3 Unfavorible weather made corn 74 to T4l sed a Htrle mo ) somewhat ats started 3 § to 42, advanced a trifie more {then became easter. Better demand gave a life to the provislon market, cspeelally ribs. WHEAT— Open. December 1073, May July cort December - May July - | oars— | December . ey * LARI id October ! Junuary 1 CHICAGO LIVE STOCK MARKET. CHICAGO, October (United States Department of Agriculture Receipts, $3,000: desirable steady; others, weak to 10 good and cholee 230 tflo rity desirable, 170 to ‘325 Tage, 7.05a7.45; better grades, 140 to 1160 pound average, mostly 6.7527.00; bulk, packing sows, 6.4026.70; desirable welghty slaugter pigs, largely 5.75a6.25. : Recelpts, 3,000; generally steady; killing quality, 'plain; fat steers. 9.50 and below; part load year- (UTILITIES AGTIVE ' IN'LOGAL MARKET Pepco’s Net Income In- creases—W.R. & E. Re- port Out. A fair volume of trade, restrict entirely to local utilitles, at changed to slightly firmer prices with the single exception of Washingto: Gas Light stock, featurcd the W: gton Stock Exchange this m Gas 90ld to the extent of fort shares, receding to 48, but ro % of a point at the close. Capital Traction os wold at 84, = Potomic consolidated e cf hands at 97% and 97%. The debenture 65 of the company were strong at 99% and Washington Gas 6s brough? 100% and 100%. Capital Traction atock was changed at 99%, and the prefer issue of Washington Railway Electric sold at 71. North American’s Output. The North American Company's sub- sidiaries electric output during the twelve monfhs ended September 30 1 une period. tha twelve months ended A compared with $4.61 f year. the pres Bankers’ Autos Needed. In a letter to automobile-owr local bankers Charles P. Light, ch of the automobi delegates vrovided galn in mnet 1923, is reported the Potomac Electric Power Comp: its statement of earnings with the Public Utilitice Co; During the tric Corpan n contra riod of last {report den City und Suburban Gearsgeto and the £1,084. the y 5- ngton and Interurba Honds Offered Locally. National City offering local Pere Marquette first cent bonds of series feld 5.40 per o offering Paclfic equi: serial mutur The company 20,000 of Missouri per cent, of 3's, toyield 5.81 more, the of the loc IN SHARP UPTURN Assorinted Press. By NEW YORK, October Prac- v all of the European exchanges °d up sharply at the opening of e market in improved epeculative publication of th ! n note exchanges on the reparations and officla up and Itallan lire cain to 4 | s were virtu ! ent a billio —_— FOREIGN EXCHANGE. October 26, 1923—12:13 p.m.) (Quotations furnished by W. B. Hibbs & C Nomioal gold valua. 4.8685 { Chrisrianie, Stockiolm, erow By the Assoclated Prese. NEW YORK, October 26.—Forcig oxchanges firm. Quotatlons _ (iu Tnited States dollars): Great Brit- «in, demand, 4.49%; cables, 4.50; six- ty-day bills on banks, 4.47%. France, demand, .05921: _cables, .0592 Italy, demand, .0452%; cables, .0453%;: Belglum, demand, .0513; cablex .61316. Germany, ' demand, 00000 0000011; cables,” 000000000011 = Hol- land, demand, .3588: cables, .3893 48 a8y 5. 5 19% 19% 4 L o% 6816 OB% 67% 68% 213 276% 278 2744 10 10% 10 104 High. Low. Last. CallMoney..... 5 4% 0§ HOURLY SALES OF STOCKS. 11 aam..... 181 700 12m 816 590 1pm..... 422 900 2ps.....609 700 Lol takings than expectod. LIVERPOOL COTTON. 160 I LIVERPOOL, October 26.—Cotton— Spot, fair demand; prices steady Good 12% | middling, 17.98; fully middling, 17.8 58% | middling, 1 low middling, 18. 114 |good ordinary, 18.38; ordinary, 16.08. 643 | Sales, 8000 bales, including 3,300 16% | American. - Recelpts, 17,000 bales, in- 162 |cluding 11,600 American. Futures 86 [closed strong. = October,” 17.97; De. oember, 17.60; January, 17.43; Marc] 164 { 17.16; May, 16.80; July, '18.55; Septem- ber, 15.38; Ootober (1924), 14.84. int Nickel. intl Pape: . Intl Paper (sta). 1nvinoible Ofl. .. Jewel Tou. . 1Jewel Tea DI. Sones Tew ..... Jones & L'gh pf. Kansas City 8. Kansas C So pf. Kaysor (Jullus) Kelly-Spr Tir Kennecott. . Keystone Tire.. Kress (SH) . Lee T & Rubber. Lehigh Valley. . Lig & Myers pf. Lima Locomo. .. Loews Inc. Lorillard (P)... Louls & Nash... McIntyre Por... Wickwire...oee ‘Wilson Co. . | Willys-Overld. . Willys-Overl pf. Woolworth ‘Wright Aero. s cembey, 30.99; January, 30.39; March, 30.42; May, 80.40: July, 29.89. NEW ORLEANS, October 26.—Cot- ton futures, noon bids: Steady; De- cember, 30.25; January. 30.1G: March 30.00; May 20.38; July 99.43. ‘At’ the highest of the morning prices were 35 to 43 polnts up and December #tood at 30.52. Heavy reafizing came from the long side and caused small reactlons, but the one held steady because of larger Mills of the world took this weel 356,000 bales of American cotton, against 262,000 this week last year. READING, Pa. October 26.—Low prices were obtained today at the re celver's sale of the Danlels motor plant. The plant first was offered in its entirety, with contents. Only two bids were made. The first was $25,000. The final bid was $50,000, at which it was knocked down, subject to a mort- gage of $50,000, but the auctioneer anngunced this price could not be contfrmed by the court because it was native, - 18.00a132 caling | inadequate. largely 9.50210.00; bulk, fat ewes,! Then the property was offered plece- 1y topivTeeding lambs, | meal. The real estato intercet was bid | Sy o 00; CaFly top':feeding lambs et dhat it whs ruCh too. low, g {uonal Fireproofing Company toda a . { announced the resumption of pr. WSimilar announcements wers, @adc| - TODAY’S METAL MARKET. | ilred aividends, declaring threc d lels ears now ~on the road, Including NEW YORK, October 26.—Copper :;X]lcd!\t]:v{!;%l;:!{l; Oéleg{::erl;s‘uijs s T e anprosimately 500,000 | quiet. Fleotrolytic, epot and futures. | 3.y {5, on stock, of record November worth of parts, were knocked down |12%. Tin easler; spot and nearby, 42.37; |1, February 1 and May 1, respectively, at $16,000, and then the good will |futures, 41.87. Iron steady; prices un- B changed. Lead easler; spot, 6.75. Zinc quict; Bast St. Louls, spot and nearb; including the name, trade mark, pa CRdmAIY, T s conaigered Autimony, spot, $.00as.1v. lings, 9.70; canners, strong to 10 higher; bulk, 2.50a2.85; weighty bo- logna bulls, upward 'to 4.75 above; most veal calves, 210.00; + stockers and feedere, 5.25a¢ plain Tight stockers, downward to 4.00. Sheep: Receipts, 13,000; active fat lambs, strong to 25 higher; feed- lambs, strong; sheep, steady fat western lambs, 13.25; fed, lambs, 12. most better | S UW- Slrans . &y Co, Tered an issuc of $1,250.000 three to fteéen year 61; per cent first mort- ge bonds of the Walbridge Build- orporation of Buffalo, N. Y. York bankers have purchased, ject to the upproval of the In- state. Commeree Commission, an : of $3,999,000 one to fifteen year per cent équipment trust certifi- ates of the Missouri Pacific rail- cad. cretary - Treasurer Ludvigh of ous Players, commenting on the uncement that the company will down production of new fllms the time belng, declared that in opinion this constituted insur- nee of the common dividend. The dditional mortgage on the Los An- es subsidiary, he said, will improve 1e cash position by $1.500,000. The ompany, he added, has $15,000,000 vorth of new films on hand, most of em. mude in the late spring and yinmer, when productfon costs were ized Gold Dust corporation. ; oty Somewhat Increased Inquiry Re- ported From Buyers. Epecial Dispatch to The Star. NEW YORK, October goods were firm in today's markets, with a somewhat increased inquiry from buyers. Print cloths, 64 by G0, were up %, at 10%. The 68 by 7% were steady at 11%. Norway, demand, .1537; Sweden, dc mand, .2636; Denmark, demand, .1737 itzerland, demand, .1784; Spain, demand, .1337; Greece, demand, .01 Poland, demand, .000000%; Czecho. slovakia, demand, .02953%; Jugoslavia. demand, .0118; . Austria, = demand .000014; Rumanta, demand, .004 Argentina, demand, .3220; Brazil, d. mand, .0940; Montreal, .85%. 164 663 26% ! 10745 16% 50 e 22% | 208 261, 10735 16% 50 4% 22% 30% 160 12 585 114 65 16 162 86 184 107 16% 50% 3¢ 22% 30 2 . 160 124 58% 114 68% 16% 162 86 164 good, clipped Raw silks con- grades tinued thefr downward trend, reced ing from 5 to 20 on the various Japanese grades. Business continued light. CALL MONEY CHARGES. XEW _YORK, October 26.— Call money, firm; high, 5; low, 43%; ruling rate, 44; closing bid, 5; offered at b%; last loan, 43; call lodns against accept. .~ Time loans easy; mixes 60-90 days, -5; four-sia 5%: prime mercantile paper DIVIDENDS RESUMED. W YORK, October 26.—The N. TODAY'S PARIS MARKET. 1 PARIS, October 26.—Prices moved irregularly on the bourse today. Three per cent rentes, 55 francs 16 centimes. Exchange on London, 76 francs 20 centimes. Five per cent loan, 73 francs 5 centimes. e dol- lar was quoted at 17 framcs 12 cen- times. that if he ents, patterns, drawings and ali spe- 2 cial Jige, dies, tools, ete.. %as knocked e ji Ay good husband . a1 uwiics govd woney 4 165 months, adl%. .