Evening Star Newspaper, November 1, 1923, Page 30

N * FINANCTA | COMSHARES LEA | e vome srock excruancer | SRENGTH SHOWN Roceiyed by Private Wire Diryet to The Star Office NOVEMBER--1, -1923. "FINANCIAL. Recolved by Private Wire Dirsct to The_Star Office. < o (malas are’ tn §1088) - S ‘RAILROADS. 4 P 2% 57 . UNITED STATES BONDS., | . 3 (Fractions represent, . thirty - séconds. | Atchison gen 68 8 . r L "| Atchison ag creased buying, and scenes of activity it of e RAple: ) mensty ".,.' B o | AR C T i rafsed the hapes of -dealers for an.in- 8% B.:“& 0. ‘Issues Strong. ! Hi = 9821 | Atlantic CL el 4 d vol 1 business. 9otz 9519 oo H Frp e 5" 86" | “Tha change had an aeet wpon-tne| L0cal. Figures - Passing Al Southern Railway Obliga- '988 98 : US4 1962. 209 99-10 PLES 25% | MoIntyre Por. tions-Also Up. Foneian. B& 08w aiv iy, :::zl . 2 appearance of the meat and poultry Former Records—Active 10% 17 5 ;;«.]{fi?\:gfi TR L T £ —_— Righ. lr:;flhfl Bklyn-Manhat 6s. 1o§ i 1 LOCAL WHOLESALE MARKET. I ¥ Cooler weather this morning in-} Alr Reduetjon,. 63% Ajax Rubbey. 5% lasica Gold. ... i Heavy_ Profit-Taking “Slows 3:’.:::.3.”;2 A ‘Up“Many Stooks—O0ils - 1 Alll& Chalmers. . F: H y i sk Am Ag# Cham. . *""Display Weakness. Am Ag-Chm pt.. Am Beet Sugar. Am Bosch. 98-31 =20 | B & O 6. supplles, and displays of fruits.and Trading on Exchange. %, eacy S v BY GEORGE T. HUGHES. V| BRI R TR ot vegetables seemed much more attrac- ma Copper. rss Bpecial Dispateh to The Btar. tive. Dealers realize that frosts are bound to_appear in the near future and se- | crs el YORK, N. ber 1.—The bond ! Ak att Sugar . YORK, November 1.—The bon Sfogl SEATHEE todky, TR hexvy Manhat E18up. . market turned definitely strong today. The only group.in which there was any riously affect the vegetable market Corn, lima beans and tomatoes will be worst affected. o profit-taking, as o be expected . anhatn Ei after, a rise ag viojent.as on Wednes- |0 5oy griar r 5 argeatbo OIl. . hesltatfon. was the very hi e st. Z igh-grade day. This selling, was large enoush (Am H & Lea pf. . Market ¢ pt raflé, and industrials and the United States government loans. Specula- Lo RS EREe e o emx of local banking insti- dled, per dozen, 48a50; average receipts, [ tutio; 111, for the first time fn at times to cailée ¢onsldérable/irregu- | Am rve. . 83 | Maniendou. larity, but, on the whole, it was well | AmIce pf. 0l tlve bonds went higher, reflecting the optimism shown in stocks. 48; storage, 35236, their history, eclipse the billion-dol- taicey \m Internat Mathison Alkill. Far more significant, however, was BY STUART P. WEST. Special Dipatch to The tar. ~ - -NEW ° YORK, November 1.—The 96% | Canad North 6% 96% 99% 1004 | Canad Pac deb Live poultry—Roosters: per 15..18: |lar mark for the calendar year, 1923, La France Naenin). . the strength in bonds just a shade turkeys, per Ib., 38a40; spring chicken: per 0. 25a53; keats. young, cach, 50860 | it became known this morning. The v margin of eclipse will be more than Dressed | poultry — Fresh - killed | 5100.000.000, it was seen spring chicl G 1b., Foas During the year ended with De- As ithe industrials ,siackened their | 3un y0 0 Maxwell (B).... Pase the Falls were taken'up But In | Am Einsccd May Dp Stores. the afternoon. the industrial favorites | Am Locomotive. fi?::l%:;-:d. 9% | lower in investment rating than the came to the front agaln under the|Am Safe Razor. L S e T G S MR L Subject to the prior lien 3%s of 1925 ers, per Ib., 3 turkeys, per Tb. 40e80: Keats, young. | cember 31, last, clearings of District Middle St Oil. lead of American Can and American [Am Ship & Com. Midvale Steel. Woolen, . % Baltimore and Ohfo first ‘43 are se- | Chile78 1948 . jcured on the best part of the system | Chinese Gov Ry bs Rooro E. each, 80as; roosters, per Ib., 21a22. | |banks aggregated $950,491,620, which Am Smelting. i Mo'Kan & Tex Chesapeake :and Ohlo was the leader 3 P and Ohlo and are entltled to a classification as Live stock—Calvés, choice, per 1b.|set a new hig r 2 h C : gh mark for the city 12; medium, per Ib., 11; thin, perL’I" During the present calendar vear to Am Smelt pf MoK & T A ‘ex pf of the rails; Returning léss than 6| Am SteelFdy... and are entlitled : Igh grade. ay's prices was a new Bigh for the year, and stlll the yield . 39 Chi B&Q gn 4s'58 i 3 X ° 8a10. Lambs, spring, per Ib., 13. Chi B&Q 1st rf 63 98% plgs, 3.00a5.00 e:ch,'n'\"e hogs, per Ib, |dute, checks passing through the as- 7%, soclation have been for an unprece- per cent, it is selling out of line, and [Am St Fd pf. the high price evidently reflects’ con- | Am Sugar. . was better than 5.3 per cent, against only a little more than 4% per cent Chi&ETigns > 103% 108% reat West ¢s. Green fruits—Apples, new, Perbas- | dented amount, and. for the first ten 5 g:: 1.::::;:'!:.*: ket, 50a2.50. months of the present period, are al- . - ‘eady approximately 120,000,000 in 46% m‘: Chi M&St P 4525, ons, per box, 3.00a4.00. Grapef: 608 | oxcess of those for l:v correspond- Chi M&S P ov 4%s. 4.25. Grapes, Concord, twenty-pound|ing period of last year. Thus, it & Chi M&St P 4s '34. . basket, 75a1.0¢ o-quart basket,.22%4a | seen that clearings will approxima fidence in an increase in dividends. | Am Sumatra.... i For five years beginning with 1918 | Am Tel & Teleg. Chesapeake earned well over 8 per | Am Tobacco.s given by such bonds as Atchison gen- cent on an average on the stock. | Am Tabac (B) Sialas Dutch E184a. ... p.f".?el.‘l‘"..?“fl'z";‘ mlu [;egx;i;d"wns 6.2:] Am Water Wks. Southern Raflways Also Up. Dutch East I 6547. . In earned | Am W W 6% pf. TR bnsathd Ao ing | Dutch/Bast I 6a'6: more .than 10 ‘per cent, and so far | Am w W 7% pf. every rel';:y:‘n“hleo de‘g:: 2“:"";'.’}!{‘,'- French Govt with o higher yield than that afforded | French Govt 7 by the general run of eavings bank .00; twe 92% 92% | CM g S g doen, 26; honievdew melons, 75a1.50. $1,100,000,000 for 1924, even if this year, even after allowing for the | Am woolen. issues was regarded by Investment ® Cous wROemmaD Munsingwear. Nash Motors. Natl Acme. Nat Blacuit Nat Cloak & Sult. Nat Cloak & S pf. NatlIDeptStores 226 per 100 Ibs.; nearby, 1.00a1.50 bbl. | said this morning. This marks a new Tomatoes, half-bushel basket, nearby, | high record for the month, which ix 26a1.25. Beans, 5.00a7.00 per bbl {excelled by only May and June of this Cleve Term 5% ) Peas, per basket, 3.50a6.00. New |year, When checks in excess of $100.- Cleve Term by York celery, per crate, washed. 4.00a {000,000 were presented. September's sgoofi;o 1n!muxh, 2.50a4.00. Squash, zl;w clearings amounted to $ 1 ’eppers, per crate, nearby, Del & Hd 1st rf 4s. Kale, per bbl, 75a1.60. _Spin- Linotype Mecting Soon. De1 & Hudson 5348 Per barrel 1.50a2.60. Home.| The annual meeting of stockholde D & Rdp Gen o L lima beans, per qbart, 30a40.|9f the Mergenthaler Linotype Co: - beans, per basket, 2.50a2.75.|Pany for the election of a board n : Vegetables—Potatoes, per bbl., remaining months of the s 108% g:: fi;‘:‘:‘% 1, 2.75a3.00; No. 2, 1.50a2.00, Potatoes, | no increase over the same month. 44| OBt nyets, round, per’bag, 250a2.75; sweet pota- [1922. ac e 4s toed, 2.50a3.50 per bbl. Southern lettuce, |~ Ciearings in October of this yea z 90 [per crate, 50a1.00; nearby, 50a1.00; Ice~|aggregated $94,922,808, Charles E burg, 4.00a5.00. Cabbage, northern, 2.00a | Bright, manag the association dividend ‘on the new preferred stock, | 4 m Woolen p Thte ot Ansdanan > ,3:3:«':;-"‘:;:;;1.; of the most favorable n the market, Other Coal Shares Up. ey g Similar case is that of Southern Moving with Chesapeake and Ohio. | Agso D Goods. . . Railway first 5s, which sold up to other coal road stocks were conspicu- 5 96. This also is a bond highly se- ously strong, among them Baitimore | 4 290eiated O1l Cured and the obliggtion of a road & showing consistently 'good earnings. 3 and Ohlo, Reading and Lehigh Valley. | Jfi70 Fole o 4 Among the industrials American Tel- New York cucumbers, per bushel e directors ana for Short covering was responsible for 2 the riee In St. Paul preferred and |Atlan Cst Line.. ephone and Telegranh collateral trust 2.0023.00. Sugar corn, per dozem,|tion of such other hus Northern Pacific, although in the case | Atlantic Guif. ¢3 crosecd 98, apparently a high price | Netherlands 6s. g e e pas hatore of the latter-calculations were a good | Atl Gulf pf. for ,i‘ bond secured by .deposit of Norway 8 i deal changed by the extraordinary re- | Atlantic Ref.... St of subaitacies ‘";L‘g'l- put Bot!Norway 6a1943. BEthe Beplaihy oment. e | Austin Nichols. % considered. Orfent Devdeb 8s. 7 150 pounds 1.0023.00. Sw. an” Shaal proteiral o Sctivs akoye MAute Kaitter... (8 St. Panl Donds Recover. Parls-Ly's-Med 6s. 32 yams, barrel, 1.05a3.00; busher, 18 2 y 3 Norf & Western. r Prague 7 4 Hrrip e e P ) [ ‘e e cula e T gue 7 76 B hours previously. Balto & Ohio. .. sostii i pt. St. Paul bonds, especially the is of | Queensland 7s 106 106% 1100, 2.0024.00." Erocolf, North Pacific 19%5, which were up at one time to- [ Queensland 6s 100% 100% | 100, 4.0028.00. Nevada Copper. N Or Tex & Mex. N Y Alr Brake. . NY Air Brk (A). Y Central GRAIN AND PROVISIONS. BALTIMORE, November 1 (Special). NY Chi& StLpf, —Potatoes, white, 100 pounds, 75a2.0f NH& Hartfd. NY O & Westrn. fai .'no change Lo directorate is contemplated. Edward J. McQuade, vice president of the Lib- erty National Bank, and F. D, McKen- ney are Washington directors of the concern Broker Office Changes Hands a - BTt TR A ST WP Company, although it was recognized | Burns Bros pf 2s being a special case. There have been rumors that Cos- den’company would {ssue more pre- o Terred stock, but today a flat denial | Dutteriek of the report came from the head |CaddoOil. of .the company This dld not allay | Calif Pack the fears of many in the street, how- ever, that Cosden might be forced to | Caliahan Zinc seek new funds to carry on. Wed-|Calumet & Artz. nesday and again today. it was com- | Ggnadian Puc... mon_gosalp, moreover, that Cosden {Caga (3 1) pf.... Would pass' the preferred dividends, | cintrd: Leatn But against this the president of | CERITALLEATE Cosden company was quoted as hay- | Gent Leath bY ing also said that the executive com- | Cer! 9“* o mittee had decldéd, to continue the | Chandler3fot. present distribution.” Cosden is mak- | Cheszp & Ohlo. . ing money, how much is not known |Chi & Alton. Just now. ShLE Auony rican Gonatp. 'pr. Ameriiap Con o Chi Gr¢ West.... The report persists that American | op Gre VSutos Can directors will declare an extra { (il HIrGESY BF- dividend of at least $1 & share before = the year. end, but this does not|ChiMil &St P p coineide with information from |Chi & Northwn.. usyally well informed persons. The |Chi & Nwnpf... 104 latter say that there has been. no [ChiPneu Tool official consideration of higher or ex-|Chi R1& Fac. .. o. vhite. new, 51 and 5114. arby, 15a85 per bushel; No. spot, 7933 per bushel. ay—Receipts, 137 tons. Through accumulations the Pennsylvania rail- road has placed an embargo on all shipments of hay to Baltimore, except when especlally pilled for private sid- ings. The tone of the market holds easy with outside quotations extre: N'Y Centcn 45 '98. Quotations: No. 1 t hy, 27. By the Aasociated Proas. New s 3 - ; No. 2, 26.50; g ,{ NEW YORK, November 1.—The - wma 3 fuBunfundbBuvnavnagomnd .22 Union Pac istrf4s 1 Unfon Pacovés... 2 96 s ALY Unlon Pac 1st rf 53 93 1 3iny Dan b Virginia Ry 1st 5s. 22 ok Wabash 1st 5a. 10 Western Md 4: 6 5 DAIRY PRODUCTS. Whel &LErf 4745, 4 49% 473 BALTIMORE, Md, November 1 (Special). — Poultry — Live spring TOTAL SALES (Par Vatue): {chickens, pound, 23a24; Leghorns, 18a | 13acm. 3004000 13neon 5070000" |42 ol Hens, I8aiS: Leghorun 17alf: | 1pm.. 7970000 2pm.. 91e {old rooster: al5; turkeys, & : Pm.e D104000 0 ks, 17a25; pigeons, Dair, $0a25: guinea fowl, each, 40a70. TREASURY CERTIFICATES. Eggs—Loss off, native and nearby = onmRalonarmaSanms 107% 107% 0% 9% o The heavy selling in Texas Com- | Barnesdall (A). 2 pany, carrylng the stock down to|Barnesdall (B). Ohio Bdy & Blw day more than three points above | RiodeJan 89% $ . Carrots, per 100, Samuel Vngétisiler & 1Co considerably the lowest it has vet|Bayuk Bros.... Onyx Hoslery. . . their low record, made bn Tuesday { Rio de Jan 89 % flower, crate, 1.00a2.50; York stock brokers, witn local offices 1n pany Is looking around for addition- | both Steel.. ... Otls Elevator. .. {mprovement was shown by Missourd | gao pai0-Cl¥: 9904 25 onfons, 100 pounds, REeat e uew ownies liave: by &l cash. The talk was that this would | g YBd o) Owens Boitie. . 4in 4 Haatmonts And- Tatomes were. bty | Seine, Dept of 85 |Int Rap Tram oo 11 | Bepier batar Tocto: purapiins. pos |iveton aee oEeiw be found in one of two ways, either " ¥ g 4 i . 5 , basket, 30a60; pumpkins, per | ington oflice. B anancing or by catiing that | Brkln-Man T pf. Batia Ot i 38 1B higher, while the Seaboard Alr Line | 86% R AT IRey Suneyi puspkins: Dor e bt b @ividend. The predominant view was|Brklyn-Man Tr. Pac Coast 2d bt adjustments maintained their recent §5; tomatoes, basket 40a75; packing i 5 St that the former was more probable. | Buff Rché& Pitts. e gains and improved upon them. 104% 108% 104% stock, bushel, § turnips, bushel, 20| . Trading on the Washington Sto Other. oil shares were more or less | Gurns Bros (A). e o % | " Among the industrials Internation- | Ud Kingm 6%s°29. 1 109% 109% 109% a0, ’ : * *¥1 Exchange resumed fts usual acti unsettled by the weakness in Texas | Burns Bros (B). Ao Oas 8 Miee. al Mercanttle Marine 6 ran up to $0.|Ud Kingm 5%s°37. €9 101% 101 101% Apples, packed, barrel, 2.00a4.0 this morning, after a th 1 Paclfic Mall. six polnts above the low of the year.| Ud Steam Capen 65 56 86 86 et Roa ersgieay t|oft during the Investment Pl Motar Daster Virginia-Carolipa T4 4nd 7145, | UrUEuaY 8 - 6 102% 102% 102% | Kan City Term bushel, 50a76; basket, 20a35; box ap- | SEURSG0G foenilen (Eric el el with” warrants, —made substantiai | Zurich 28, 109 109 109 | Lake Shore 4828 e o a200; cranberries, barreh |™ Railway common stock sold at'68%, Panharndie 5 gains and the United States Rubber MIRCELLANEOUS. Lake Shore 43 '31 Pt L box, | With the preferred issue remaining Pon- ke Pate Sa-and Ths were fractionally BSher. |y, oy chem 73s 16 58% 95% Lehigh Valley 6 eian; Dionels Ead 8. ben. Capital Traction was un- Pan-Am'P (B) fororousn Rapld Transit issues, but|Am Chainef6w33. 3 9% afl,‘:f:z"s"! quinces, busic!: 75a1.00. e okt e Pennsylvania. .. 2 sllght reaction In Hudson and Man- | Am Cotton Ol 5s.. 6 6T% 2003, . Selling Prices on Grain. Washington Gas 65 of 1933 changed Penn Seabd Stl. 24 | hattan refunding 5s. Am SmIt&R 1st 53. 23 9i% 91% | Manhat Ry cn 4 7 . 2 red winter, spot,|hands at par, and Capital Tr People's Gas. ... : Forelgn Lixt Steady. | Am Smit&R 6s 10244 1023 Sons | 1.10 3 red winter, spot, 5s sold at 94%. Pepco consol lP’uorlltz t The forelgn bonds were generally | Am Sugar Ref 6s.. 100 100 N nter, garlicky, spot, 5s were steady at Y e steady, but in active. City of Copen- | AmT & T cv 6 NG 3red wiater, garlisky { 5 vi t the st m ' cl tr A 2 1 2 1. Pere Mrq pr pf. 1}’:.5:’.-' Ry oe 0 e T8 Ta tr E % Sales—None. cRUDE 0“_ OUTPUT Philadelphia Co. . ¢ 4z | The day's new offerings included | \m Writ Paper & 5% Corn—Cob, new, 425 and 4.60 bar- Phila Copf..... 2 2 [$2,500,000 in Penn Public Service o2 corn, spot, no g 3 Philip Morris 5 i | boration frst and refanding C tx, due | {naCoNGR TG W | eraic corn, vellow, o’ quotations GAINS DURING WEEK Phillips Pete 22 [134s, offered. ac 3%, to yield €% PET| yrmours Codis 1 N nd 52%; g:eru-AAm:w“ 8% 8% 8:: i Armour of Del 5%s & erce Ar pf. Asso Ofl 6s'rets. PlerceOll...... { Atlantic Refin 63, Average Daily Imports Drop Off ;::lrbecolllpl.. !BUSiNEss FA".URES, Barnadall s £ 8: Slightly, Petrol In : s Coal. = % , Petrolenm Insti- Pitts Utilities pf. 3 0 Pitts & W Va... 1,67 IN OGT BER tute Reports. Postum Cereal. . Pressed Sti Car. . Brier H St 18t 5% Produc & Ref. AR 5 4= tra dlvidends on American Can. and |ChR1& P 6% b Prod & Ret pf. Liabilities, $78,301,741, Says Dun’s | Bklyn Bdison 1a D pone’such action untll 1924 " In the e Coupas. L ST LV Report—Other Wall Street Bash T HidgKe'ss. New Haven Tn tr.. [ 5026.00; Ne ght elo daily average gross crude oll pro- Belloved to have eatned: Bt & rate FENly Aos) s Briefs. Central Leather 5s 941 941 | N ¥ Bate Ry 438, Ci 9835.60; eI St fug slightly in excess of the 1923 net,SluettPea Railway Stl Sp.. 101% 101% Cerro de Pasco 8s. 118 118% |NY W & Bos 4%4s. 3 e Gangied ";“r"ojv‘;“_":j“’“ Soritl suasty income of $16.30 & share and for the | Cova Cols Ray Con Copper 11% 11% Chile Copper 6 9%l 984 | Norfolk & W cn 4 N Lt ended October 27, totaling 2,105,900 full twelve months the $20 figure is o .. 4% T6% e Commonwth P 87 K7 |Norfolk & Wev Sdomtson: s barrels, according to the weekly expected to be reached. . Calo & Souch I ok e Con Coal Md 1st &s 87 #7 {Northern Pac 4s ‘i summary of the American Petrol Wall street is mindful of the fact|Columbia Gas. Benains save. ban NEW YORK, November 1.—Com- G P i o ummary of the American Petroleum that It any company in the textile | ColumblaGraph, Hogiton . merclal failures totaling 1,673 and in- 934 €3% | Northern Pac ba D CCAGE Neen e | Lo, JAnjintraass ot 47,000 et ndus can make mone: 3 . G . b - . , November 1.—Althou; s i y average productio Woolen Can and this cgnsll;:::fi:: S:,',’;’;,,'f:,‘,’,“é:’, Replogle Steel.. volving liabilities of §79.301.741 ware | Cuba Cane cv 7s'30 87 87i% | Ore & Calif 1st bs wheat had an upward turn at Iie r:l h" ;I‘e.ds,“;_lm FANE e lu_‘m & has tempered the rather pessimistic | Gone Cigar. .. Rep Ir & Steel. reported by Dun's Review forOctober./| Det Edison ref 6 103% 2y |outset today, Drices soon showed |Oof:the Powell fleld in Texas virtu- calculations regarding Woolen's Londilry % | Reynolds Spr This was the. larest numoer of | Donner Steel7s... 86" | something of a setback. The market |ally was oftset by decreases in other earnings and divided outlook. Cons Clgar pt. - Rey Tobac (B! defaults for any mionth since March, | Du Pont de N Tls 100% | Was two-sided, with selling on bulges | fields. The dally average production income of approxtmately ° $3.50 a | ConsGasof NY. Royal Dutch. the review points out, adding. how- | Duquesné LIght 63 : Hugy |and with buying on declines. Bears!eagt of ‘the Rocky mountains w share is anticipated.this vear. This Cons Textile. ... Rutland Ry pf. ever, that five of the month’s fallures { 5t Cuba Sug 7%s. Pennsyl con 4 Yow | emphasized news that Minneapolis [ $355 oF ek ins wa weould be l:;)ut $2 less than in 1922. | Cont Can.. - 4! S X La. jwere unusually’ large. Empire G&F 7%, Pere Marq 1st b . Sgu | mills were continuing “to import | 14545 hxere (E 1a“n Increase of 21.- R e R PR L S arh el 1 e { 4y The statement of the Iron Age that | pigk Rubber | Wheat from Canada, duty paid. The|%0 barrels California production dividend requirements. If th i e StLaSan Frpr. S e ot 100, vor rem i tiba { Reading gen 4 gy [SPoPInE Bere WHKH fansed, [frem|l%eo burreis S half of 1924 ylelds as little profit it | COTH Trod PE- -« « 176, ; |Cent of the Industry's capacity con- | Gonauer % 104 102 | Rlo G Weatel 2. B2k | e T s aabims, arw |, Daily average imports of petro- is possible that the present dividend 62 " A rmed the announcement of “E. H. |z i ot el iad) 99% 100 3% | May, 112%n112%, was followed by a |leum at principal ports were 192,714 rate will be in danger. 3 Gary, president of the United States | 00CY! slight general advance and then a |Dbarrels, compared with 2. i T ~ - 5 | Steel*Cotporation, on Tuesday. The | Gocdyear drop all around fo below yesterday's|the previous week. Daily = Cuban-Am Sug g # publication sugkested. as did’ Mr. 56 facont fisuren. receipts of California oil at COTTON FUTURES — {Cuba:Cane.Sug. A Gary, that it would seem to be only %s. o7 2 | “Disappointing husking returns, to- {&nd gulf coast ports were Cuba Cane S pf. 3 |& guestion, however. of how. long | Illinols Bell 1st 5s. 93% gethor with & forecast of unfavorable | barrels, compared with 157,285 Cuban Dom’can. 83 replenishment needs can be kept | Int Mer siarine 6 1San A& Arn P 43 Weather, gave firmness to corn and |the previous week. lRREGULAR TODA Cuyamel Fruit.. e i e r'}“‘g“’" it Seab'd A L 4s sta. 5 loats. After opening unchanged to —_ A ublic offering was made today o nt Paper 1st e 3% higher, December, 73%a73%, the < iggg’:z"&cp’rm Shell go $2:500.000. Pennsylvania_ Public Serv- | kC P & Lt bs A 51 3:::.;‘:{‘:2',‘5" 107 | S0 on Taarket, scored. decided fin«nl%BIG TEXTILE MERGER £ siaae mmons. . . 5% | ice Corporation 8 per cen nds at | gayser (J) 7: o i gains before beginning to react. { : Del & Hudso! 9% 108 < 109% | prices. to- yisld about 615 iy e Seab'd A Lcon 6s.. 44 ! , t Early Rise Followed by Good Deal | D Lack & West. 114% 113 1147 | Symims Fotrol D i T pe Fouadens tom. | Kelly-Spring 8s. .. BanaSLens oats started _ unchanged “to % COMPLETED IN SOUTH 11 Detroit Edison 108%°108% | Sty oil Y }Ezlmny reported net profit of $990,971 | Lackaws $ 9850, Sou Pacific ref 4 Grarket gave down a trifie. of Selling—Quota- Dome Mines. 36% 864 | S1ous Sheffield. | * 18%|for ‘the year ending’ August 31, as | LIBEStt & Myre 5. | Sou Pacific clt 4 Firmness of hog values upheld the S AL : Douglas Corpn.. compared with $855,218 in the pre- | Lorillard (P)6s... : Southern Ry 1st rovision market. & merge s ' tions, “ Dupent (B0 130 Sent Pacitle ! Vious vear. { Magma Cop cv 7a.. pro tile merger in months has Just upon Southe:n Rw: E 86% { The London Stock Exchange was|Manati Sugsf7%s High. o Law o= been _\om‘?.u;:, l:‘:‘n‘ ving :‘)'nfl coni Eastman Kodak 106% Southern Ry pf. 7% 66% i1 88 e O e Eanc e Alvsuilwest - iclosed today in observance of ‘All | Marland Oil 883 1 Polnt, Gat; miills umder the name of By the Ansoclated Press. Eatonkxls & 5D Spadld A ‘G pf.. 2. 102 . Saints' day. Mer & Mtz st 78 L the West Point Manufacturing Com- ivsw YORK, Nov 1 Elec Stor Bat. Spicer’Mfg Co. 14%: The American Light and Traction | Midvale Steel b Col : pahy,.with 2 capital of 200,000, » November 1.—The cot- | g1k Horn Coal Spicer Mfg pf %0 90 90 |Cqmpany annouficed net income for | Montana Powe 93% { December . -18% by T2% Rhia will pot all mills in the Chattn. ton market opened steady today at an | Endicott-John StOflof Calif. .. 51% | the tweive months ending Sep.ember | Morris&Co 18t 4%8 My ! hoochee valley district under one di- advance of 16 to 18 ‘points on unex- |Erle...... Stand Ollof NJ 32430 of $4,141821, as compared with| New Eng Tel 68. | rectorate, with Joshua B. Richmond pectedly firm cables and better re- | Erielstpf. St Oil of NJdvf um,nhlflr-‘lfl in the preceding twelve of Boston president. Additions in- 2 Sterling Pro months. volving several hundred thousand Dorts from Manchester. - Buying was | Erle 24 ¢ Stew'a-warner. i New York bankers understand the ollars are contemplated e encouraged by reports of rains in the g-mou-l;lluer: g:% Strombg Carb.. 68 6 86y | state of Michigan " may Sorbe in Sleaeie - southwest, but did«not ‘show much | Famous Flay pf. Studebaker. .. 2008 | LR SREKSL SOr g Iargs; Inens of Righ- snap, while:the advance evidently met §i’z?¢.‘§i‘éfi"" ‘g:: % Submarine Bt. 10% 10% “gm:‘l’:l‘:’h{ the American Can Com- REFINED SUGAR DROPS. further reallzing or liquidatiop. Prices 159 feonCoit & 3% pany refuse to discuss reports that | N Am Edlaon 6. .. EE eased off after the opening, with Jan- 43% Tenn Copper-.... 8% | the company is planning an extra | Nor States Pow 5s.. Most Refiners Have Re i Aty selliNe A0 teot a0 B3 1a AR Texas Company. - 6% dividend Of $1 on its common stock | Nor States Pow 6s. . duced Prices g Fe .28. %0 30.15, - 7 | before the close of the year. The BTe. is. 20 Ten Point: .. | Freeport Texa: Tex Guilf Sulph. 8% Northwst 8. 2 'en Points. or within 10 points of yesterday's Lezas & Pacitic 8 " regular dividend meeting - of the | OtigSteel 7%8.... 2 closing. Private cables said that Liv- | Gen Am Tk Car. 40 T erchon. % 6% g company's directors will be held in Slee e NEW YORK. November 1.—Apart erpool advance was due to abetter | Gon Asphalt. 7% [ i i il 1004 | December. but the action could be | pacific Gas & E 5 (Quotations farnished by Redmosd & Co.) fi"g‘:hg;’fé‘;efl;e:‘)‘,“‘ggg’;' 43a45. o \from a sale of 5,000 hags of Cubas, 35 Rate—Maturity. Bia.“Wier. |pound, 45a50; prints, 50a52; mearby | Prompt delivery at © 5-16, cost and December 15, 1923, 99 1518 7 @ (- .. 2 spot demand, fresh buying-on frost|Gen Asphaltpf. 62% B taken at the November meeting, It is| pacific T & T bs '63 actyitwiin m‘k.?;i‘;{':? and‘increasing | Gen Cigar. 82% o bkl >3 on | stated. f Phila Co ref 68 A Heavy exports from . Gglveston, 0% Zfi ' Tobacco Prod A. % 86% |- Plerce-Arrow 83 j Tobacco Pro pf. 114% FOREIGN EXCHANGE. Plerce Oll deb 3 amounting _to 113,873 bales, were 18% probably a factor on the opening ad- 80 Trans Cont Of 2% {{Quotations furnished by W. H. Higbs & Co.) ’ Nominal 89!:?:; checks, Union Bag & P. 5 vance, but were regarded as the 3 wusual end-of-month cleaning up of { Gen Mot 6% deb. ol vaiue. today. commitments. 5 Gimbel Broa pf. Unlon Pacific. . 4.8685 4.48% 'He fall of strong /cables and|Goldwin Corp. United Drug. southwestern rain news to- create & | Goodrich. . United Fruit more ‘aggTessive demand seemed to | GOCHTLICH T oo - cnwnn{e reactionary sentiment and (' Uniiod By Iav.~ the market was qulet but easier, witn | Goodyear pf.. Std Ry Invpf. .. January-selling off to 20.05, or back | Granby Consal USCast]Pive.. to- vesterday's closing. , Prices were | Gt Northern pf.. U'SCastIr Ppf. up four or five .points ‘around mid- | Great Nor Ore. U8 Food Prod. . day, but there was no ‘improvement | Greene-Canan. U 8 Hoftman M.. U 8 Indus'Alco. U SRubber. - .. ub 18t pf. . U8 Rub. 18t pf. in the volume of' busine Guentana Sug.. U SSmelt&Ref. :',“ A e 9 1. ! creamery, asuz‘; lndkza. 3;-35; rolls, | freight, equal to 7.09 duty paid, there 43 Maren 15 1924, 8132 101-32 {38a32; dairy prints, 28a32; ~process | wne little interest in raw sugar early Maretyt ey 100 5752 100%, 1, | butter, 38a39; store packed. 27. i today, with prices unchunged. 9 eptember 15, ©100% S > 2 | A Gttic overnight seilng opened 13 YD, s, 100 %0 100 15.00] CHICAGO LIVE STOCK MARKET. |yne raw sugar futures markot 1 to T 925. 3{‘;’}2 l?mn,l-lu | CHICAGO, November 1.—Hogs—Re- |3 points ln\n"er, b:;l it rnlllo;‘l nnhWnH % 000 head; 10 to 1 street buying, due to the better R e 15 i 0o loeie Selurs, 4 o 0 15 lower; | BOCIY arket, and December ad- Dued awiiie Dwh 10 e 0 e e 258 5 Sareh 15, ¥ | bulk Jesirable, 200 to 325 pound {yanced from 485 to 4.90. At mid- butchers, 7.49 to-7.55; top, 7.70; good |day the market was 2 to 3 points and choice 150 to 190 pound average, | net higher. 1 °35; bulk packi 7 ‘With business still light, refined & 6.25. . . (Quotatians, furalshed by Hédiaond & Co.) | PIES, BTSORS0. W\ 1) 005 head; steady; |most of the leading refiners, makink Bia fed yearlings, . 10.00a11.5 4dyiifine granulated 5.108.90. held at 12.50; handywelight cat- G00DS MOVING RAPIDLY. d 10.16a11.60; best 11, W:;l!‘hl! reT e X weighty bolognas, 4.25a4.50; vealers,| RANSAS CITY, November 1 (Spe- 9.50a10.00; feeder steers, 7.75. ,:m,,"_sA heavy movement of farm Sheep—Receipts, 21,000 head; gen-{products, minerals and manufactured erally steady: good to cholce fat|goods is the outstandigg feature of lambs, 12.75a13.00; cull natives, 9.50a | basiness In the middle west as No- 10.00; medium-to good, native year-|yember opens. Distribution by whole- ling wethers, 90 pounds, 9.00; good |galers and retailers continues on a and medium handywelght fat' ewes, tremendous scale. except where ex- 5.00a6.00; good feeding lambs, early, | cessive rains have slowed up trading 12,50, < '1The figures of the government's i e st e ey %1$119,000,000 PAIDOUT 15 : ON 1918 VICTORY. BONDS because of injury to corn and .cotton. By the Assoclated Press. - Sellen Tenn Elac Pow 6s. Tide Wat Oll 6%s. Tobacco Prod sf 7 Toledo Kdn 15t 7a. Union B. 3 & P 6 Unit Drug cv 8 U S Rub 18t rf B " U S Rubber 7% By the Assoclaied Press. U S Steel s £ 55. NEW. YORK, November 1.— For- s 3% ; U ties. Had clgn exchanges easy. Quotations (in | Seah POw & Lt o8- Houston Oll..... 49 Vanadium Corp. 28 | Tnited States dollars)” Great Brit- | VIloir Chem 1 ¥,°f| Hudson Motors. 25 Ya- sixty-day bills on banks, 4.45%, | Va-Car Ch 7% 16% % | France, _demand, .0886; cables, | Warner Sus: % .0586%. Italy, demand, .044: West Union 6%s.. 9% [0449%. Belgium, deman Westinghouse 7 cables, .0501%. Germany, Wickwire Spen 7. % ho:gg‘vowo&z e 000000l | Wilsan O 11.\!5‘. | A ofland, demand, .3875; | Wilson&C ov 71%s. *Ingersoll-Rand. 180 180 | WegternMd.... 8% 8% 8% ! cables, :3880. . Norway, . demand, | wiisen & Co cv 8. fun s 38% ' Western Md 2d. 16% | 1498; "Sweden, demand, (2633; Den: | iy nghester A 74s. mark, demand, .1710; " Switzerland, 3 demand, ;""Spain, . demand, | Youngsta 8&T S oo Alyminum Co. of Amer. 7 5 ‘Aluminum Co. of Aumer. £ ; American Cotton il 6s 1924, o oan {tle American ' Sugaf ture of- the early market was the 3 trading In’ cotton . for. October, 1924, g“]"h"‘l";"‘;‘nlrm delivery. Trade [fiterests wers buy- | S 40 AY or% ot thia position at 7640 up {5 | Gulf St Steel 26.60, but,théfe: was scattered selling, | fart, Corp. which later sent the.price off to 26.21. | Fartran rignts, - I BemraRor~Romvisomar : Fickn O 7ias i Anmle A thern Sie 192 Contral Argentine Rwy. Gs 1031 Gential vebiher b Ehicago Tel. be 1923 107% 107% 1075 % 91 o1y 96% 95% 95% % 95 98 84N BUK 84w 102% 102 102 8% 93% 93% - 18 | IMinols Central. 103% 1311 Cen pt(w.1)., 102% Ipdiahoma..... 1% .. EEGEETL LIVERPOOL COTTON. LIVERPOOL, November L—Cotton Novi*13 | Inepiration. Nov- 15 | Interb Rap Tr. - Nov. 13 | In Ag Chem pf. “Noy. 10 Int Cement. .... ov: 30 n Combust E. - 20] Int'Haryester.. 734 Yok es Marine: ook t Mer Marine. “° Int M Marine f. gu g3 45% 16% 20% 1,737 | Jones & Lay 107% 2 3:.':5 KonsasCity8.. 17 200 ayser (Jultus) 35 00 | Kelly Spr Ti 25% u;x“ Kennecot. B583 505 58 St i %' Westhse EL&M. 85% wWheelingAL B. 21% | Wheel & LE pf. ;:fi ! White Eag Oll. . % | willys-Overid.. . 7 29% ! willys-Overl pt 61% | wisconsin Cent. .1334; Greece, , .0158; Po- land, demand, .000000%; Czechoslo- vakia, demand, .0293; Jugoslavia, de- mand, .0118; ‘Austria, demand, .000014 .0048; Argen: 3228 Br;zu‘, demand,” 32. +0910; Montreal, .98 2! PLANT TO.SPEND $4,000,000. . YOUNGSTOWN, Ohio, November 1.— The Youngstown Sheet and Tube mpany will add a blast furnace and o' butt weld pipe mills to- its In- 000,000, 1t-was announced today by Campbell, president of the company. The Indiana Harbor prop- érty was acquired by purchase of’the ¢el snd Tube Company of America. 7 blast furnace is to be com- :l:hd withjn.ia 4 year and -the mills Co: 1" i f:?.'... Harbor, Ti1., plant, at & cost of CREDIT ACCOUNTS JUMP.. Thousands More People Are Hav- ing Goods Charged.’ Special Dispatch to The Star. PHILADELPHIA, November 1.— Sales. at wholesals in. this district |, October were approximately during O eolume. shown' in September and fluctuation of Dl’liau in general Has small, Retall trade was of ex- cellent volume, as is shown by the records of .one long-established de- partment ‘store, which opened several thousand .more credit. accounts last month ‘than in October, 1922.. This firm, opened. mote new aceounts so far: th.a éar, than:in_ anyyear’of its-existence; % | OTTAWA, Ont., November 1.—The| department of finianee ‘today pald more than $119,000,000 to holders of 1918 0% | yictory bonds' who did not convert 103% | thelr holdings. Bonds maturing total 109%; ' 1sé | $172,000,000. Despite the success of 187 104 '|the recent issue.of dominion govern- 108% 1%0% [ment ‘bonds only $50,000,000 to $60,- 107% 000,000 worth of the 1918 issue wis : converted. This left a balance of ap- TODAY'S FLOUR- PRICES. proximately $115,000,000, to which ? bout . $4,500,000 interest must be MINNEAPOLIS, Minn., November 1.|added. ZFlour unchanged to 5 higher; ... SE2! £S5 28 I3 spot, good business done; prices bare- 1y steady; good middling, 17.93; fully middling, 17.78; middling. 17.43; low middling, 16.48; good ordinary, 15.48; ordinary, 14.98. Sales, 10,000 bales, including 6,600 American. = Receipts, 17,000 bales, including 10,700 Ame can. Futures closed quiet, Nove: ber, 17:30; December, 17.17; Jaruc: 17.14; March, 16.94; May, 16.74; Jul 16.44; Septembe October, 14, PIANO OUTPUT AT PEAK. BIG DIVIDEND PAID. HOLYOKE, Mass., November 1.—A family -~ patents, 6.10a6.40 a barrel; shipments, 68,741 barrels. Bran, 28.00 1{@28:60. " Wheat, No. 1 northern, 1.12% | dividend of 12 per cent, amounting to 3 4 about one and three-quarter miltion ak18%; December, 1.13%; May, 1.18%. | 400, 505 mailed to stockholders Corn, No. 3. yellow, $1a82. Oats, No. 8 | Soliar®, W an Taled b o oonolde: y. 8%238%. Flax, No. 1, 3.34%a [It«ls" known ‘as the fiftieth ‘anniver- e S ean s paty e ’ DETROIT, November 1 (Spsctal).-— Production of planos in 1923 will a new record, according to represent~ atives of western Michlgan and Ili- nols manufacturers assembled .here. Lower priees, prosperity of the work- ng ‘man and development ‘of* the ‘apartment grand” are assigned as reasons for:the.boom. 5