Evening Star Newspaper, November 2, 1923, Page 30

- * TRABING CONFLSED INSTOCKMARKE NevrSharps Pyshed Forward i:as, Usual Leaders Are .. Heayily Soid BY STUARY' I WEST. Spagial Dis NEW YORK, stock, market today went through a sefies of confused fluctuations. Cer- tain Stocks which had not been so prominent in the recovery of the two —The preceding ‘days were taken up) whilel{ Am Linseed profit-taking continued in other di- rections. Weakness in some of the oil shares had a restraining effect, especially the break in Texas Company. The street continued to credit the recent report that the company was in need of more working, capacity. and if it does not put.~through y some, new financing may cut the dividend rate. Some ,of the other oil shares were affected! by they weak in _Texas. FINANCIAL. NEW YORK STOCK EXCHANGE Recelved by Private Wire Diract to The Star Office High. ' Lot iose. | 1 1 68 68 64 4 106 % 41 SU 11 3% Allled Chiem ed Chem,pf. AR Chaimirs: jAm Agr Chem. Am Ag Chm pf.. | Am Beet Sugar. Am Bosch ‘Am Brake Shoe. Am Can. Am Can pf. Am Car & Fdy.. [/Am Chain (A).. ‘Am Chicle Co. Am Cotton Oil. . Am Cot Ol pf. Am Druggist. {Am Express Am H & Leath. v Am H & Lea pf. Am Ice. .. ‘Am Internat'l 107 157% 169 208 214 4% 14% [ 19 8, %0 ™ 38 84 195 16 16% 314 31 7% 717 ke 12% 12 56 55k 36 364 53 BT Am Sugar pf 94n 94% Am Sumatrapf. 38 38 Am Tel & Teleg: 128% 123% Am Tobacco 149 149 Am Tobac (B).. 148% 148% , 19'% 6 - 20 8% 86 20% Am Linseed pf. . Am Locomotiv Am Safe Razor. Am Ship & Com. Am Smelting Am Steel Fdy Law. 1 68 63% 106% 4018 10% 167% 189 || Martin-Parry 215y 13% 6 21% 13% 6 5 " 1:30. 1 68 63% ! ManatiSug pf.. 106% | Manhat £1 Sup. . 41 10% ; Manila El Corp. 81% | Manhat Shirt. 83 - . .26% | Market St pt. . 2. | Market St prior. e 19% 13 90 Mallinson & Co.. 30 Manati Sugar. .. 50 9% 37 31 94 41 18% 2615 1% 18% 19 29% 34 Al% Manhatn El guar Maracaibo OIl. . Market St R 2d. MarlandsOil. ... Mathison Alkill, Maxwell (A)... Maxwell (B). May Dp Store: Mex Seaboard. Mex Seabd ctfs. 715 | Miami Copper. 38 86 Middle 8t Oil. Midvale Steel. .. 195 | Minn & St L., 16% | Mo Kan & Tex. 31t | Mo K & Tex pt. 717 | Mo Pacific 733 | Mo Pacifie pf. 12 bb'e 36% b4 945 a8 123% Montana Power. Mont Power pf. Montg’'y Ward. Moon Motors. Mother Lode. . Mullins Body Munsingwear. .. Natl Acme. Nat Biscuit. .... 30% b2 80 41 31 94 414% 20% 26% 61% 18% 20% 29% 29% 50 & 801 94 41 18% 2647 61 18% 19 29 34 415 12% 84 10 95 20% 52 80 41 30% 94 41% 20% 26% 61% 18% 20 29 34 43 12% NG LIBERTY BONDS Market Irregular, With H Grade Securities Dis- "« playing Strength. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, November larity in the speculative lssues, uniform strength in high-grade sec- curitles, market. prevailed in today's The irregularity among the second- grade obligations was only might have been expected from the action of the stock market. The tone exhibited by first-grade bonds was taken as foreshadowing a g ly Improved demand for sound in- vestments. Advances In quotat for this grade of bond were not 1 Changes elther way in savings issues are likely to be only fractl Nevertheless. there was no mistaking the nature of the market. T | INCOODDEMAND .. =iz Irregu- [o= v onx BONDS 7o miavs Received by Private Wire Direct te The Star Offica. DA NOV ] y M (Balos aré fn $1,000.) g RAILROADS. Bales. High, Ann Arbor4s.,.... 1 '66% Atchison gen 4s... 48 50% AtlanticCL Ist4s. 3 ' 87% Atlantie CL el 15 8% B&O 15 96% 80% 101% 83% 84% 6% 5% 67% 66% 88% 118% 2% B34 | B9% 8| Bl% 96% 10% 101% 83% 4% | 764 6% 6% eo% 884 113% 2% 80% 92 T iy Low Closs. 99-19 99-20 97-10 97-10 97:27 97-27 97-22 97-28 98-26 98-28 97-26 97-28 99 993 Libays, Liblst-2d 4%, 4 Lib Ist 43, + igh- Orefbs... BR&OPLEAWYV 4s. 2 B& O SW div3is. B & O Toledo 4 Bk1yn-Manhat BkIynRT7s'21... Canadian North 7s Canad North 63 Canad Pac deb 4 CarClinch & O 5 Car Clinch & O 6 Central Pacific 4, Ches & Ohfo cv 5 Ches & Ocv 4%s.. Ches & Ogn 4%s. . Chi & Alton 3s. Chi & Alton 33%4a Chi B&Q gn 4a'68. Chi B&Q 1st rf by Chi & BTl gn 6s Chi Great West 4s. Chi GrWest 4s (n). Chi M &St P rf 4348 2 Chi M&St P cv bs. Chi M&St P 45 °25. Chi M&S Pcv 4165 ~1099 US4%s1962. 331 . Low. .Closs. 102 102 BT% 81% 98% 99% 96% 96% 100% 102% 10 % 108% 867 97% 78 9% 9% 80 9% 94 100 100 101% 101% 99% 99% 99% 99% 104% 104% 102% 102% 103% 104 94% 95% 4754 49 88 88y 1% 1% 921 2% but bond 6% ~9% RT% 84% bk 81 86% 98% 8 48% 46 50% i3 T0% 54% 71 what firm reat- tlons arge. bank onal. Chinese Gov Ry bs. Copenhagen 5%s. . Cuba 515 etfs. Czechoslovakia §s. B8Rl 1% 93 Grain, Produce and Live Stock LOCAL WHOLESALE MARKET. Very few turkeys have reached the local market this fall. It is said by dealers that poultry ralsers probably are holding back their stock for the Thanksgiving and Christmas holiday « trade, There has been a slight demand for turkeys this week at prevalling prices, approximately 40 cents a pound. Dealers are yet unable to forecast the probable Thanksgiving holiday prices, but some of them sug- gest_prices will be comparatively easy on account of the quantity of cold ‘storage stock on hand. The chicken market was much easier this morning, the supply being ers report @ fair demand for ducks and keats. Eggs—Strictly fresh, selected. can- dled, per dozen, 48a50; average recelpt: 48; storage, 36236, Live pouitry—Roosters, per Ib., 16a1 turkeys, per Ib., 38a40; spring chicken per Ib.,’ 22; keats, young, each, 50a60; fowls, per 1b., 20a22. Dréssed poultry — Fresh -killed spring chickens, per Ib., 30a32; roas ers, per 1b,, 30a35; hens, per Ib., 28a3 turkeys, per Ib., 40a50: keats. youns. each, §0a85; roosters, per Ib., 21a22. Live stock—Calves, choice. per Ib. 11; thin, r_ I ib., 13. Live 12; medium, per Ib. per live hogs, per ib.. 8a10. Lambs, sprin pigs, 3.00a5.00 cach; e FEDERAL RESERVE PLANS FOR BANKS Building Bids Will Again Be Considered—Local Stock Trading—New Survey. The Federal Reserve Board has in- formed the San Francisco and St Louls Federal Reserve Banks that it ' more than equal to the demand. Deal- | will consider new bids for construc- tion of branches at Salt Lake City and Little Rock, respectively. Both projects were ordered held in abeyance by the board last March, when it pronounced? building costs too high. Treasury figures indicate that a slight decrease had taken place in prices, although the level still is re- garded as high. Board members held that the need for larger housing ci- paclty by both branch banks war- rants resumption of operations Both bulldings fall below the 1im tation which requires consent of Con- &ress on operations in excess of $250. 000. Sites have been obtained, and it Chi M&St P 45 '34. . Green fruits—Apples, new. pertas- |is expected both the banks will-spend ket, 50a2.50. C.“roS:[.Z uc;lr.a‘nszelikp':r nearly the full amount allowed. crate, 6.00a7.00; Florida, 2.60a4.60. Lem- oo = ons, Der box, 3.00a4.00. Grapefruit, 3.50a | cal Bank Issues Survey. 4.25. Grapes, Concord, twenty-pound monthly survey of business con- basket, 75a1.00; two-quart besket, 22%a | ditions, issued by the Federa]-Am. 267 honeyds mioiana. doad B can National Bank, is making its d Vegetablos—Botatoen per bbl. No.{but in local finanétal and trade cir- 1, 2758300 No 2. 1.50a2.00, Potatoes, |cles. The issue dwells at length on round. per bag, 2.50a2.75; sweet pota- | the various elements which contrib- toes, £.50a3.50 per bbl. Southern lettuce, | ute to the world's business, and df per crate, 50a1.00; nearby, 50al1.005 Ic cusses the economic problems of the burg, 4.00a5.00. Cabbage, northern, 2.00a | world at large and severall 2.25 per 100 Ibs.; nearby, 1.00a1.50.bbl. | “A review of the security markets Tomatoes, half-bushel basket, nezrby. | called attention to the probability 1.00a2.00. ' Beans, 5.00a7.00 per that bond prieces are likely to advance Peas, per basket, 3.50a6.00. N@W|materially during the coming year," York celery, per crate, washed. 4.00W | the initial number says. “This co! 5.00; in rough, 2.50a4.00. Squash, 3.00 | clusion is derived from the probabi 23.50. Peppers, per crate, nearby, lity of slackening business activity, 75a1.25. Kale, per bbl, 75a150. Spin-§ which will reduce the demand for ach, per barrel 1.5022.50. Home- [ short-time bank. funds. grown lima beans, e quart, 30a40.| \ “Surplus money as business slackens Lima beans, per basket, 2.50a2.75. (g shifted into bonds and the price of New York cucumbers, per bushe! bonds consequently rises. It will not 023.00. Sugar corn., per doZem. reguire a pronounced business d 16a33. preasion to bring added strength to 2 the hond market. It is probable that GRAIN AND PROVISIONS. nothA1g more than a continuance of BALTIMORE, Md., November 2 (Spe- | the canditions of the last five months cial). —Potatoes, white, 100 pounds, is necgssar: a2.00; 150 pounds, 1.00a3.00; sweets a barrel, 1.25a3.00; bushel, 75 DGy DRerIngs A e et " 1.8042.00: 1ima | The ositput of new isgues of state " e - ber 100 |and munWeipal bonds in October shows D0, Beccol. bunhel. 16425, cab- | an Incremse over the unusually small bage, er 100, 4.00a6.00; savoy, bushel, | flotations vecorded in July, August 35a40; carrots. per 100, 3.0085.00:|and Septemker, but the borrowings of O o i et a0 the states and municipalities are still crate, 2.75a3.25; corn, dozen, far below the volume of borrowings LT tase: auspiant in June and earlier months of the Dlants. per 100, 5.00a7.00; peppers, | municipal bond market during Octo- basket, 30260; pumpkins, per 100, 5 60 | ber was the greagly improved demand a spinach, bushel, 40a60; toma- from investors in response to the re- 10a35; packing stack, | duced prices at which bonds were of- turnips, bushel, 30a40. fered to the publlc by investment ked, barrel, 2.00a4.00;|dealers logse, barrel, 1.50a%.50;| n additlon to approximately 383, aT2! baeket 20a35; box ap- | v45.888 of state and municipal bonds L 0y eranberries, barrel, | which were rapidly absorbed during B60a9.60; grapes, basket, 1.0081.10;|October, an offering of $47,000,000 S anerinit Za0n8.00; o box, | tax-free Federal Land’ Bank per Foans Heurs cent bonds at par met with imme- ket, 15a35; quinces, Sixte Cauecons; " Selling Prices on Grain. $ (hlh;l-'-l [DM-: “;ll. = winter, spot,| In_the first nine months 1 v-‘a‘{‘“\‘:o_'\:o'rezd uffifior. spot, 1.06%: | the Western Maryland railway made Vo. 2 red winter, garlicky, spot, 1.08% i fa remarkable showing in ‘surplus . #pot, 1.04 % ; after charges, which totaled $1.246 080, and was the best record for any other similar period. The results were encouraging be cause of the large increases in main- tenance expen: on equipment penses aggregated $6,8 compared with st year. increase of .670. of which $1,965.031 was quipment maintenance. With earnings running at the a nual rate of $10.06 a first preferr share for the nine months. ind tions are that the road will this ye :210:\' the best earning power sin Trading on Local Excl se. Common stoak of the Washington Railway and Hlectric Company was again relatively active on the loc board this morning, 68 shares chan ing hands at 68 and 68%. the former the prevailing figure. The preferred issue held stewdy at 72 Riggs National Bank stock sold at 205 and 294, and Capltal Traction was unchanged at 99%. Railway 4s brought 69%. FURTHER OFFERINGS OF BOND 1SSUES Loews Votes Dividends. New Telephone Financing. Other Wall Street Briefs. Am Tob pf (n).. 102 102 Am Water Wks. 37 87 Am Woolen. T T2 Am Woolen pf.. 100 100 AmZinc & Lead 7% Am%inc&Ld pf. 273 Anacond: s 38 Armour of Del pf. 90 Assets Realizn. W Asso DG 1stpf. 82 Associated Oll.. 25% Atchison 9% 9 Atlan Cst Line.. 112% 132% Atiantic Fruit.. 1% 14 Atlantic Gulf... 15l 15% Atl Gulf pt. 121, 124 Atlantic Ref.... 103 108% Auto Knltter... = 8% 8t Austin Nichols. 24 = 24 Baldwin Loco.. 120% 123 Balto & Ohio 68% §8% Balto & Ohiopf. 58 58 Barnesdall (A). 10% 11 Barnesdall (B). 6% 6% Bayuk Bros.... b9l 59% Bayuk Brolstpt 97 97 Beechnut Pack. . 704 70% Beth Steel. 49% #9% Booth Eish. 44 4 Bklyn Edison.. 108% 109 Brklyn-Man Tr. 10% 10% Brkin-Man T pf. 34% 35 Burns Bros (A). 102% 102% Butte Copper... 4% 4% Butte & Super.. 14 14 Butterick. ... 1% 7% Caddo Oll. . 1% 1% Calif Petrol 184 19% Callah#n Zine.. 4 4 147 Pacific Oil and”Standdrd of Califor- nia did well under the test and Mar- land_was_better supported than it has been for a lopg time. Day’s Mot Active Stocks. On the theory that they had not had their share jn'the rally, General As- phalt “and Computing, Tabulating and Recording were bid up sharply. Gen- eral-Eleetric wag* taker in hand, and there was Some activity at rising prices in Westinghouse. The busi- ness develbpiriefit of: the electric com- panies confinues very satisfactory. From April 1 t6" October 1 new onders received by the Westinghouse ‘were estimated at close to $90,000,000, againse $69.000,000 in the same period of 1922, and indications are that earn- ings per share will run as high as they did last year. Estimates are that the' dividend of $4, is being covered about twice over. ° Stocks More Active, A divergion was attempted in some of the public utility stocks, particu- larly Consolldated Gas. There s noth- ing new in the situation of these com- panies. The attractfons are the high Teturn which thev, promise the buyer and their well - $ustairied earnings. All through the recent period of de- pression Consolidated Gas found a ready market, and today's rise above 63 was the sequel to this absorption. Columbia Gas and Electric was more active. e The third quarter carnings state- ments of the porphyry copper com- panies—Utah, Nevada, Ray and Chino —ave expected to be pubiished abous November 15, #nd' they will be of e especial interest. All save Chino, it [Canadian Pac 147% is anticipated, will show net income. | Case Threshing. 20 20 and Chino, too, may report a slight [Centra: Leatn.. 13 18% amount earned on its Stock. Utah |CentLeathpf... 35% 35% undoubtedly will make the best re-|Cerrode Pasco. 38% 39% port. The average price of copper |Chandler Mot 4T 484 metal in the third quarter,was around | Chesap & Ohio..> 73% 75% 13 cents, and inasmuch as copper. pro- | Ches & Ohio pf. .. 98% 99 duction 'costs depend directly upon |cni & Alton pf.. 8% 8 the selling prices of the metal, a poor | G| Grt Wese .. 314 84 showing by these porphyry concerns ;G Grt West. - S is expected. However, the situation | ChiGreat Wpf. 8% S has been helped by-the ability of the (ChiMIl&StP.. 13} 131 porphyry producers .to fall back [ChiMil&StPpt 25% 257 upon resources. which: they had built | Chi & Northwn.. 6214 62} up during the suspension of opera- |ChiRI& Pac... 21% 22 tions after the war. ChRI&P6%pf 67 67 Industrial Alcohol has been selling | Chi R I&P T%pf. 77 77 around the 37-cent level for some | Chile Copper... 26% 264 time, and it is believed the company | Ghino Copper 15% 16% can raise its quotations at any time it [ Glyett Peabody. 67% 684 wishes to do so. Earnings have been | qooo co1a T 2 T unusually satisfactory. The upward | coraools 221 221, movement of Industrial Alcohol has | Colo Fuel. o been influenced largely by these | C0l0 & South. 19% 20 facts, and, in addition, ‘it is under- | Columblia Gas 32% - 38% stood that a strong speculative clique | ColumbiaGraph, & 4 has been opérating fn the stock. ColGraphpf.... %W % The weakness in the exchanges was |Columbn Carbon 431 48% the prompt response to the Washing- {Comp Tabulat.. 74% 75 ton “dispatches indicating that the | Congoleum Co... 159 162 United States government might|Cons Cigar..... 18% 18% withdraw from participation in the|Gons Gasof NY. 621 63% European econemic conference, ow-|cons mes (e 6% 6% ing to the restrictions imposed by the | Gon? Textile- 499 50% French premier. These intimations | <! : 04 10 fitted in rather poorly with previous|ContCan pf 2015 18 statements that the administration | Continental Mot _ 6% 6% was sanguine about what the repara- |COrn Products.. 128% 129% ions Investigation was accomplishing. | Cosden & Co 24u 24% The markets, fortunately, did not take | Cosden pf. 874 874 62 634 28y 28% 1 1% Natl Dept Sto pf. . Natl Enamel. . Natl Lead . Natl Ry of M 2d. Nevada Copper. N Or Tex & Mex. N Y Air Brake. . Y Canners. N Y Central. ... NY Chi & St L.. NY Chi & StLpf. Denmark Denmark 6s. Dutch E15% Dutch East I Dutch East I Framerican 7 French Govt French Govt 7%, Halti 65 Holland-Amer 6 Japanese 1st 414, Japanese 2d ¢%s. . Japanese 48 Jergen U M Lyons 6s Marseilles 65 Mexico 4s. Montevideo 7 Netherland, Norway 85 109 8% % 96% 95% 90 98% 94 ol 7% 93% 921 801 78 9% 9% 284 861 974% 0% 934 93% 894 2% 106 1007 903 89 95% 96% 99% 84% 67 83 1043 1124 109% 101% 1024 109% MISCELLANEOUS. Am AgrChem 7%s 9 98% AmChainsf6s'33. 65 917% Am CottonOil 6s.. 12 Tl Am Smit, 9154 Am Smit, Am Suga: 102 AmT& Tcvés Libertys In Demand. In the liberty group the second 44s and the fourth 4%s were in greatest demand. Among the so- called “legal” bonds. such issues as Pennsylvania general 43%s, New. York Central consolidated 4s, Iilinois Cen- tral refunding 4s. Chicago,’ Burling- ton and Quincy general 4s and Atchi- son general 4s. were conspicuous. Tt would seem that bonds of this grad selling to vicld mostly under 5 per cent, had little room for price im- provement, but study of today's quo- tations shows that they #re still two to three points, and sometimes seven more. under the high of the year. More or less the same conditions prevailed among the high-grade utili- tles and industrials. American Tele- phone and Telegraph collateral trust 58 were an ecxception, selling down fractionally, perhaps in anticipation of the expected announcement of some refunding operation in behalf of a subsidiary. C. & O. Inxuex Agaln Strong. The speculative rails were featured by great firmness in the Erie and the Seaboard issues and continued heaviness in Missouri Pacific and to a less extent in St. Paul bonds. Erie general 4s sold up to 50. Seaboard Alr Line adjustments made more sub- stantial gains. New York, Westches- ter and Boston 4ls, a New Haven obligation, had a short run-up. Ches- apeake and Ohio convertible 5s and convertible 434s were both strong. At today's prices the 5s yvield about 5.9 per cent and the 41&s about 6.9.per cent. Among the industrials United States Rubber s were firm around ‘85 &nd among the tractions fairly large blocks of Market Street railway 5 were taken at 90. Local tractions were irregular. Day's New Issues. There were no very important large new lassues. Five million dollars in State of Missourl 4% per cent highway bonds were offered at from 1001 to 100%. Among offerings reported in prospect shortly were $50,000,000 South. western Bell Telephone Company bon already referred 'to, $40,000,000 in a Dutch East Indies issue and possible financing for the account of the Texas company. No official information was available regarding any, of thesa is— sues. : Except that firmness in City of Cogen- hagen 5%s and Belgian $s, 'there was nothing noteworthy in foreign bonds, 56 PER BALE JUMP IN COTTON PRICES Government Report of Small- er Crop Yield Causes Wild Advance. 108 106% 6% 4 904 108% 108% 94 4% 90% Bl 96 96 85% 5% 80 90 B84 98y 931 93% a1 % 17 1% 93% 93% 924 924 9% 80% 78 78 9% 78 7% 9% 28% 86 86 96% 96% 110% 93% 93 29% 2% Chi R & Pacrf 4s Chi Un Sta ¢3%s... Chi Un Bta 6%s. Chi & W Ind cn 4s. CCC&StLrf6sA.. Cleve Term 513 Colo & Sou 438 CubaRR6s. ... Del & Hd 1st rf 4s. Den & Rin G cn 4s. D& RG 1st rf bs. . Det United 414s. Erle 18t con 4, Erfe con ext 7s. Eriegen ¢s. . Erfeconvis A Erle conv 4s B. Erie conv 4s D. Gr Trunk sf db 6 Grand Trunk 7s. GrNorth gen 7s. .. Gr North gen 5%n Havana ERL&P 68 Hud & Man ref 6 Hud & Man aj 58, 11l Central ref 4s. . 111 Central 534s. Int Rap Tran 5 Int Tl 82 4 NYNH&Hartfd. NY O & Westrn. Norf & Western. Narth Amer North Bacific. Oklahoma Prod. Orpheum Circuit. Orpheum Cri pt Otis Elevator Otis Steel. . Otis Steel pf. Owens Bottle Pacific Coast. . Pac Coast 2d pf. Pac Gas & Elec. Pacific Mail Pacific Oil 5 Packard Motor.. Packard Mot pf. Pan-Am Pete. Pan-Am P (B).. Parrish & Bing. Penna Coal & C.. Pennsylvania Penn Seabd Stl. People's Gas. Pere Marquette. Pere Marq pf. .. Pere Mrq pr p! Philadelphia Co. Phillips Jones. . Philip Morris Phillips Pete. Plerce Ar pt Pierce Oil. Plerce Oll pf~ Pitts Coal Pitts & W V. Postum Cereal. Pressed Stl Car. Produc & Ref Pub Service . Pub Serv 8% pf. Pullman Co Punta Alegre Pure Oil Railway Stl Sp. Ray Con Copper Reading........ Reading 2d pf.. Replogle Steell. Rep Ir & Steel. . Reynolds Spr. Rey Tobac (B). Royal Dutch. Rutland Ry pf.. St Joseph Lead. St L&San Fran.. St L&San Fr pf. St L Southwa St L South pf... Savage Arms. .. Schulte Store: Seabd AL pt. Sears Roebuck. Shattuck-Ariz. . Shell Union Shell Union pf... Simms Petrol Sinclair Oil. Sinclair.pt Skelly Ofl. So Porto Sugar. South Pacific. Southern Rwy. . Southern Ry pf. Spicer Mfg Co. St Of1 of Calif Stand Off o&N J- Stoilot N Jpf. Sterling Prod. .. Stew'd-Warner: Strombg Carb. Studebake | Submayine Bt .| Superior Oil.... Sweets Coof A.. Tenn Copper. Texas Company. Tex Gulf Sulph® Texas & Pacific. Tex & P C & O1l. Third Avenue Tide Water Oil Timken Bearing Tobacco Prod Tobacco Prod A. TPans Cont Oil.. Underwood. . Union Bag & P. Union Pacific Union Pac pf.. Un Tank Cr pf.. Un Alloy Steel. . United Drug. United Fruit. United Ry Inv.. Utd Ry Inv pf U S Cast I Pipe U S CastIr P pf. :U 8 Food Prod. . U 8 Hoftman M U'S1Indus Alco. U S Ind Alco pf. U S Rubbe! U SRub 1st pf. . U S Smelt&Ref. U 8 Steel... U 'S Steel pf. U S Tobacco pt Utah Copper. 15% 12 1084 8% 24 122% 58% 58 1 6% 59 97 T0% 493 4ty 109 10% 35 101 4% 18% 17% 1% 19% 3% 147 20 13% 85% 39% 4% 74 » Goxlawan o Queensland 7 Queensland 6 . Rio de Jan 85 1946, Rlo de Jan 85 1947. Rio Gr Do Sul 8s. Sao Paulo.City,8; Sao Paulo,State.8s. Seine. Dept of, 7s. . Serbs Crotes Slo 8s n Increase. © N wrnaSulnBnnwmanon Towa Cent rf 4s. Kansas City § Kansas City 8 Kan City Term 4a. Lake Shore 4s ‘31. . Lehigh Valley 6s. . Long Island rf 4 Loufs & N uni 4s. Louls & N 58 2008 Ud Kingm 5%s°29. 1 Ud Kingm 5%s '37. Uruguay s Zurich 8 89% 41% 58%% 69% 424 6% 19% 22 18% 114 19% 62 39% 51% 53% 98U 91% T0% 9% 101% 100 116% 964 92% 52 9% 954 4 88% 9% 6% 95 97 88y 94% B84 964 9344 108% 911y 964 94 s 98Y% 87 87 105% Manhat Ry cn 4s... Market 8t cn 5 MiIEIRv&L M & St L 1st rf 4; K&Tistds K&TprinbsA. K&T6sC.. MK & T adj bs Mo Pacific 6s Mo Pacific 5: Mo Pacific gn 48 NOTex & M In bs. N Y Cent deb 6s... N Y Cent deb 4s. NYCentris N Y Cent cp 4379| N Y Cen LScl3%s New Havencd 6 New Haven 7 New Haven 7: N Y Rysadjbsct.. N Y State Ry 4%s. Y W & Bos 43;s. Norfolk & W cn 4s. Northern Pac 3s. Northern Pac 4; Nagthn Pacr 1 Ore & Calif 1st 5s.. O Short L cn 55 '46. Ore Short L ref 4s. Ore-Wash Ist rt 43 Pennsyl gen 5s. Pennsyl gen 4%s. . Pennsyl 6%s...... Pennsyl gold 7 Pere Marq 1st 100 116% 97% 93 524 97h 954 841 88% 951 AmT& Tl tr 4, Am Writ Paper §s. Anaconda ¢v db Anaconda 1st 6s Armour & Co 4%s Armour ofel 5% Ass0 Ol 68 Tets . Atlantic Refin 5s. . Barnsdall's f §: Bell Tel Pa 5. Beth Stesl 5% Beth Steel rf Beth Steel pm Beth Steel s £ 6 Brier H 8t 1st 5% Bklyn Edison 7s D. Bush T Bldg 58 '60. Calif Pete 6%s w | Central Leather 53 Cerro de Pasco 8 Chile Copper §s Commonwth P Con Coal Md 1st 63 Cuban-Am Sug 8s. Cuba Cane cvd 8s. Cuba Cane cv 7s ‘30 Det Edison ref 6s. . Du Pont de N 714s. Dugquesne Light és T'st Cuba Sug 7% Empire G&F 7% Fisk Rubber 8 Gen Elec deb 5 Goodrich % - Goodyear 85 1921. . Goodyear 8s 1941, Hershey 6s 1942 Humble OZR 5%s. 10 Iliinois Bell 1st 63.126 Indiana Steel s... 9 £1nt Mer siarine 6s. 30 Int Paper 1st5s A. 1 Int Paper1st5sB. 3 KCP&Lt5sA'52 6 Kelly-Spring 8s... 21 Lackawa 8 58 '50. Liggett & Myrs &s Lorillard (P) bs... Manati Sug sf 7%s 1 Marland Ol T%s. .. Mer & M{g s.f 75°42 Midvale Steel 5 Montana Power. Morris&Co 1st 4%s Nat-Tube 1st 6. New Eng Tel 5s... N Y Edsn 1st 6%s. NYG EL H&P 68 N Y Tel 6s°41. » M of 1 M 43 44 43 1021 102% 102% 115% 115% 116% 50 50% 60 17 3T 17 101% 102% 101 11% 11% 11% 76 1% 5% 53 631 53 9% 10 9 45 45 434 19% . 19% . 19% 72 72 T0% 484 484 4T% 31 314 30% 19% 20 19% 18 18% 18 42% 43 42% 27% 28% 27% 56% 56% 31 32 94y 94% 104 10% 82%. 82% 54 5% 144 14% 891 90 8% 9% 18% 18% 83 83 16% 15% 51 51% 864 86% 34% 354 66% 66% 143 144 51%° 63% 51% 32%..33. . 82 116% 116% 116% 58 58 58 % T8% 17 65% 66l 651 99% 100% 99% 108, 10%, 10% 24" 27 24 315 8% 81 8% 36% 86% 34% 58% b9% O8% 18% 18% 18 6 64 5% 8% 8% 8% 100% 10114 100 35% 85% 35% 56% 56% 65 86% 88 86% Son 2% 2 37% 38 3T 54 Gol b4 130 130% 129% % 72 1% 108% 108% 108% 314 31% 31% 4% 75 T4% 173 178 172 9% 9% 9% 30 30 30 371 38 3% 80% 80% 80% 4% 4l 4w 16% 15% 16% b4, b4l 53% 9 97% 9% 33% 34% 33% 84% B5% 84 19% 19% 19 92 92% 91% 119 119 119 106% 106% 106% 60 60 59% new, 4.2524.50 barrel; pot, no quotations; track w, no quotations. one. rye. spot. | Hay—Receipts, 144 tons. The hay Imarket ruies weak, due to increascd accumulations which were in_ transit before the Pennsylvania railroad placed an embargo on shipments. Outside prices are extreme at the following quotations: No. 1 timothy, 27.50228.00 per ton; No. 2, 26.50227.00; 3, 23.50a: 1 light clover, I mixed, .50a2 ; No. 1 clover, m clover, 24.00a25.00. Straw—No. 1 tangled rve, 15.00a 16.00; No. 1, wheat, 13.00a14.00; No. 1 oat, 14.00a15.00. TODAY'S CHICAGO PRICES. CHICAGO, November 2—Likelihood of a further increase of the United States visible supply total on Monday gave an initial advantage to bears in the wheat market today. At the same time leading traders on the selling #ide attacked proposed raising of te United States tariff on wheat, and asserted that such action would lead to retallation from Canada. Reports of large shipments of grain from Ru also were given some notice, but wheat offerings here were | veadily absorbed, and declines were | soon checked. The opening, which varied from unchanged figures to % lower, December 106% to 107, and {May 111% to 111% was followed by a moderate general setback and then something of a rally. 87 |”Corn and oats were easy with wheat. 84% | After opening at _%al off to % up, 95% | December 173% t6 73, the corn mar- 68% | ket declined a little all around and lsolh lhan rallled. = %a% 1 to % 3 ats started at %a¥ lower to ~ 40y | udvance December 413, and later "\,“"‘é“"f‘“"","“",‘ raber S " 73 |held near to the opening range. | NEW YORK, November 2.—Public 925 | Provisions were higher as a result| offering was made today of $5,000,000 855 { of & bullish showlng of the monthly |five to mine year 4% per cent road statement. of warehouse stocks hers. y 1023 | et O e ien. Low. Cioge, | PODdS Of the state of Miséouri at 100 | December 107 107 1.08% 1.08% | Prices to yield slightly less than the :;,‘:hm-‘.v 182, Tihet LiLlelcoupon rate. Bankers' bids for the 58 1 CoRN 5 il issue indicated the keen competition 80 |Decemier . for this form of security, the succes 59% ful bid being 99.449 and the second bid being 99.445. There were elght bids in all: Bond Bids Rejected. All bids were rejected by Milwaukee county authorities, who had adver- tised the sale of an issue of $3,400,000 41 per cent bonds. The county was required under the law to dispose of the issue at par or better, and bank- ers considered the coupon teo low for that form of bord. New Telephone Offering. A new offering of American Tel phone and Telegraph bonds wili be made next Monday by a syndicate headed by J. P. Morgan & Co. Formul announcement of the amount and terms of the issue is expected tomor- 56% 31% 94 10% 81 5% 14 89% 8% 173% 83 15% 51% 85% 343 66 14% 17% 83 15% b1% 86% 34w 6614 14% 53% 32% 116% 58 8% 661 99% 10% 24 3% 8% 364 59% 18% 5% 8% 101% 35 56% 877 2% 38 554 130% 72 108% 314 7 172 9 30 38 80% 4% 15% 54% 977 847 85t 19 82% 119 106% Rio G West cl 4 RIATk &L 4% StLIM &S 4s'22. StL&SFplésA.. StL&SF prinbs. StL &8 F Inc 8 StL&SF adj §s. StL&SFplésC.. StL S 1stds St LS W con 4 StP & KCShL 4%s By the Associxted Press. NEW ORLEANS, November 2—Cot- ton bulged 38 a bale on the New Or- leans Cotton Exchange this forenoon on the strength of the government's report on the probable rield based on the condition of the crép October 25. Prices soared - from 130 to ‘158 points above the lowest level of the morn- ing, recorded just before the report reached here, December rising to 31.38 cents a pound ahd all months |going to new high levels for the season. Jump In New York, Too. NEW YORK, November 2.—Cotton jumped over 100 points in..the. loeal | market .today on publication of the| Department of Agriculture’ forecast, | 10,248,000 bales. 3 Ten minutes after the report was issued prices had jumped fully $2 a bale over last might's close, making new'high levels for the seasoh: De- cember contracts reached 31.90 and January, 31.40. Later the market settled back about 40 to 50 points from the top and became somewhat, quieter. The trade was unprepared for such a sharp reduction in pro- spective yield and. in addition to heavy covering, there were large purchases for mill -accounts and for foreign interests. Noon Bids on Cotton. YORK, November 2.—Eleven a.m. bids steady; Decem- January, 31.10; May, 31.08; the same view. THey have been un-Crucible Steel able to see how an international com- | Cuban-Am Sug. mittee could do anything with France | Cuba Cane Sug. announcing that whatever the truth|Cuba Cane Spf.. 421 43% was about Germany's paying capac- | Cyban Dom'can. 4% 4% ity, It would insist upon its maximum Cuyamel Fruit.. 60 61% Davison Chem.. 48% 48% Del & Hudson. .. 109% 109% MEYER AND MONDELL D Lack & West. 115 115 R .. | Dome Mines 364 36l REPORT QN MARKETING | puront 813210 130 130% = EatonAxle &Sp. 22% 23% Elec Stor Bat.... 60 60% Return After Trip to Urge- Agri-|Eik Horn Coal.. 13% 13% cultural Co-Opera- I s 5% 7 tion. 45 38 66% #3 5 45 384 67 93 8714 84y 96% 6874 101% 53 41 3 93% 96 1027% 100% 94y 96 5% Erie 1st pf. 23% 24% Erie 2d pt. 18 18% Famous Players ~538% 58% Famous Play pf. 83 83% FaMines &S pri+ /41~ 41-~ Fifth Ave Bus 9% " 9% Fisk Rubber. 6% 6% Fleishman. . 44% 46% FoundationCo.. 66 68 Freeport Texas. 11 11 Gen Am Tk Car. 411 41% Gen Asphalt.... 26% 30% Gen Asphaltpf. 621 65 624 { Gen Cigar. 8314 83u 834 Gen Cigar pf.... 1074 107} 1079 Gen Electric. ... 174% 181% 174% Gen Motors pf.,. 79% 79% 79% Gen Elqc 5pl 10%, 10% 10% Gen Motors...:. 13%° 13% 137 Gimbel Bros 100 100 100 Goldwin Corp... 10% 10% 10, Goodrich....... 20 20 19% Goodrich p! o TBY ¢ T8Y% 75 Goodyear pt..... 36 36 36 Goodyear prpf. 881 90% 881 Granby Consol.. 13% 13% 13 Gt Northernpf:.- 56 56 b5 Great Nor Ore 29% 29% 20% Greene-Canan.. 14 14 14 Gulf Mo & Nor.. 10% 10 101 Gulf St Steel. T 8% TE% Hanna'(MA)Ypf. 88 88 88 Hartman Corp.. 80% 80% 80% Hartmanrights. 21 2% 2% Hayes Wheel 34% 35 34% Hendee Mfg...:. 17, 17 17 Househ'd Prod.. 32° 32 32 32 Houston Q11 484 49 48% . 48. Hudson Motors.~ 24%- 24% 244" 24% Hupp Motors... 16% 16% 16% 15% 111 Cen pf(w i).. 103% 108% 103% 103% 18 Returning:to Washington after a trip ot seveErn weeks through the northwest, - Bugene.. Meyer, ,jr., . and. Frank- W.. Mondeli;- directors of the ‘War Finance Corporation, reported to President Coolidge today the re- ®ults of thelr tour, made by direction of -the Chief Executive to encourage formation of co-operative marketing mssoclations. The two finance corporation offi- eials, who were accompanied by a representative of the Department of Agriculture, presented their report and recommendations for relief in written form, and later called at the ‘White House to talk over, the matter, with._the President. Thé report ist expected to be made public shortly, but'prior to the conference with the President the officials declined to dis- cuss it FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal ‘Selling checks, gold value, _today. 446% Seab'd A L con 6s.. 48 Sou Pacific 45 1929. 11 Sou Pactfic ref 4 Sou Paelfic clt Soquthern Ry 1st b Southern Ry gn 4s. Southern Ry 6% Third Ave ref 4s Third Ave adj 58 Tol StL & W 4 Union Pac 1st Union Pac cv 4 Unton Pac cv 6 Unlon Pac 1st rf 58 Virginia Ry 1st b3, Wabash 1st 6 Western Md 48 West Shore 1st 4 80 79% Wheel & LE cn €0% 593 TOTAL SALES (Par Value 11am.. 3333000 12noon 6096000 1p.m.. 7647000 2p.m.. 9035000 HAYNES AUTO DIRECTORS | PLAN NEW FINANCING ! By the Associated Press. KOKOMO, Ind., November 2.—Di- rectors of the Haynes automobile Company In a letter Issued yesterday . to creditors said arrangements had been made whereby $1,000,000 addi- tional capital will be placed in the business if the creditors will agree to accept 10 per cent of all claims in cash, 10 per cent on June 1, 1924, and ‘the’ remainder. of, the debt be 83 41 - 9% 6% 44% 66 1 414 26% 92% 8% 95% 684 101% 52% 40 3 925 95% 1025 998 9% 96% 658 2 445 2 68 11 41% 29% 65 B3y 107% 180 9% 10% 13% 100 10 19% 75 36 903 13 56% 29% 14 10% 7% 88 801 29 34% 17 29% 974 109% 978 104% 105% 941 013 90 100% 107% o1k 96% 904 1% 103 89 100% 107 107 T 79 108% 106% 103 .103 99 99 92 85% 6% 96% 80% 95 0 109% 973 103% 104% 9344 01% 8954 100 107% a1 964% 904 911 108 88Y% 100% o WOOB DDA CID N'Am Edison 6s. Nor States Pow b Nor States Pow 6s. Northwst BTe. is. Otis Steel 7%s Otis Steel 8 Pacific Gas & El s PacificT & T 6s ‘562 Pan-Am Pete 7s, Phila Co 5%s 38 PhilaCorefésA.. Producers & Rt 8s. Public Service 5: Punta Alegre s 2.—(Saks&Cost Tl December, { Sharon St1 H 8s... March, 31.04; July. OATS— December May July LAl December January RIBS— : ol 41% i % .c}l‘h’ Pt 11.90 81K 6% 90% 91% 108 | 89 100% 107 79 106% 103 99 02 85% 26% 96% 80% Ba acw 037 9.45 CHICAGO LIVE STOCK MARKET. CHICAGO, November 2. ceipts, 45,000 head. Siow; z lower; bulk good and choice, 225 to 325 pound butchers, 7.35a7.50; top, . desirable 160 to 210 pound aver- ge, 6.7527.30; bulk packing sows, 6.40a6.60; better grades welghty slaughter pigs, 5.75a6.00. Cattle—Receipts, 4,000 head. Kill- ing classes generally stead; sales short fed steers and y 6.50a9.50; few western grass steers, NEW forty-fiv ber, 31.47 July, 30.49. > NEW ORLEANS, November Cotton—Noon bide steady: 31.17; January, 31.11; May, 30.94; July,: 30.52. ——— TREASURY CERTIFICATES. (Quotations furdished by Redmond & Co.) per trillion. udTiy 1776 Zurich, frane ‘Athens, Copephagen, crown, Christianis,” crown Stockholm, crown. By the Assoclated Press. &8 Crude Oll 5%s. Sin Crude O11 6 Sin Pipe Line bs. South Bell Tel 5s. . forere CRRDAm LB NBW YORK, November exchanges easy. — Quotations (in United States dollars): Great Brit- ain, demand, 4.46; cables, sixty-day bills on banks, France, demand, .0576%; L0576%. Italy, demand, .0445i4; cables, J0445%. Belglum, demand, .0493% cables, 4.94. Germany, ' demand, .0000000000008; cables, .0000000000008. Holland, demand, .3867; cables, .3872. Norway, demand, .1491. Sweden, de- mand, .2632. Denmark, demand, .1717%. " Switzerland, demand, .1778. Egdh. demand, .1329. Greece, demand, .156. ' Poland, demaud, -..000000%. Czechoslovakia, demand, .0293., Aus~ tria, démand, .000014. Raomanla, de. mand, .0048. Jugoslavia, demand, .0118." Argentina, demand, .316@» Bras zil, demand, .0912. Montreal, SIXTEEN LIVELY STOCKS. NEW YORK, November 2.—Almost half the total volume of sales on the New York Stock Exchange yesterday, were' in sixteen issues, as follows: Tobacco Products, American Can, American Woolen, Baldwin Locomo- tive, itimore and Ohjo, Chesapeake apd Ohlo, Cosden Oll, General Motors, Guit States Steel, Missouri Pacific, Marland Oil, Pan-American Petroleum B, Reading, Southern Railway, Stude- baker and Texas Company. .CALL MONEY FIRM. NBW _YORK, November 2.—Call money firm; high, 5; low, 4% ; closing Did, 5; offered at 51 ; last loan, 5; call , loend against- acceptances, 4 Time loans, ecasy; mixed collateral, sixt; ® ninety days, 5; four-six months, prime commerclal paper, 5ab%. 2 lumx Trucks. IndOll & Gas... 4% 4% Indian Refining. 4% 4% *Ingersoll-Rand. 180 180 Inspiration. 26 26 Interb Rap Tr.. 11% In AgChemicwl. I In Ag'Chem pt.. Int Cement. In Combust E Int Harvester. Int Mer Marine. Int M Marine pf. Int Nickel. } Int Nickel p! Intl Phper. “Intl Paper (sta) Int Shoe pf. Invincibie Oil oty EwelFoaiin i Jones Tea. ... Kansag & Gulf.. | Kansas City S } Kansas C So pt Kayser (Julluz) 35 | Kelly Spr Tire. . 26 | Kelsey Wheel.. 81 Kennecott....., 32 Keystone Tire... ' | Laclede Gas. ... 79 Lehigh- Valley 1 Lig & Myers pf. 116% 116% Lima Locomo. .. 64% 65% Loews Inc. 17% 18 Loft Ine. 6% 6% Loose-Wil 1 53 * Loriilard (P)1." 160% 160% Lorillard pf.... 117 117 Louls & Nash... 86% 87% 16% 16% 4% 6% 34% 10% 76 1 115 8 43 -16% 28 46% 16% 281 % 17% Mclntyre Por. ERd 4% 180 54 % 1 5% 36 21% 73 8% 33% 10% 76 295+ 61% 116 115 511 8 8 4% 4% 180 25% s 11% B 36 Vanadium Corp. Va-Car Chem Va-C Chem pf. Va-C Chem (B). Vivadou. .. Wabash..... Wabash pf (A). 21% | waldorf System.. 5, | Wells-Fr Exp. .. ol 29% 613 B, 43" ~Tied 16% 27 L 17% 51 35 24%: 81 32 79% 61 166% [ 17% 6% 52% 160% 17 86% 16% 7% ] % 178% 51 35% 24% 81 82 % Westhse E1&M P | Whielinga! 28y | White } -Wilson Co. . iWillys-Overld. . ! 13%4 106% 79% B8 6% 11% 20% 49% c B 20 » 1% 271 22 ‘Western Union. West Alr.Brk E. Wheel & White Bag Oil Whi Lotes. . Willys-Overl pt ‘Woolworth..... ‘Worthington. .. Wright Aero. .. Youngstn Tub * 0dd lot. Call Money . 284% 7% 24 3% 164 10 827 15% 38 9% 16% 18% 108% 9% 59% 6% 11% 20% 49% % 20 % 78 277 24 28 % 24 T3y 16% 9% 32% 15% 38 9 16% 18% 106% 79 58 6% 11% 20% 4919 % 19% 7 T1% 277 22 10% 10% 10% 64% 64% 64 10% 64 High. Low. Last. "~ 4~ 4% HOURLY SALES OF STOCKS. . 499 600 810 000 228 200 12 631 700 2 m P —— <Al ;that is saved by giving scant measure will enrich no cne. The world wants the brimming cup of service, and will rewarad it. Each stem of the wild poppy has from 10,000 to 60,000 seeds. Rate—Maturity. Bid. December 13, 1923, 29 §5-ll 1 March 15, 1924 903132 1 igs March 15, 1924 s June 17. 1924 September 10, March 15, 1925 Derember 115, "i625 b 2 A s i i Dtember 15, 19 March 15, 1927, 148 December -15, (Quotations furnlshed by Redmond & ~—~Noon.— 10 10083 ‘Alyminum Co. of Amer. 7s 1925. ‘Aluminum Co. of Amer. 7s 1653 Amer} Cotton Ofl 6s 1924 Americ Bugar 6a 1837, American Tel. & Tel. 6s 1924. ‘American Tel. & Tel. 8s 1925.. Auaconda Copper 6s 1920.....0 ‘Anglo-American Ofl 7w 1635 Canadian Northern 5igs 1824.... Gentral Argentive Bwy. 6s 1037 98% . Central Leather 5s 1925, 94in R, 1. & Pacific 5 08 . s _1923. . 9948 107 97 Cotp. 6s 1928, o Great Northern 7s ¥ 68 1924.. 5s 1632, ecott ’lfilm im0 135 5 l!.‘l’. & 8. 8. M. 68 198 rris Q‘&) 7148 1080.. 1 - 100 1y 1oy o -Noon.——, Offer. 2732 1-82 L00%, 101 100°13-32 100 17-32 100 100! 90 15-16 99 15-16 1o o u 1001 mldfl mo!f-m SHORT-TERM SECURITIES. g evidenced by a note due January 1, 1925, the company. retaining the right to make monthly payments if it desired to do.so after January 1, 1924, 5 The letter says the company has retired $2,800,000 of an_indebtedness of $4,800,000 since 1920, and that during the time this reduction was being made the company took care of miterial commitments amounting to $4,000.000. A complete reorgani- zation of the management is con- templated, the letter stated. . SHOE SHOPS TO CURTAIL. BROCKTON; Mass, November 2 (Special).—As a result of the recent wage increase the W. L. Douglas;Shoe Company will cut the output of wom- en's shoes from' 120 dozen pairs a weck to fifty dozen pairs. Employes will be reduced from 350 to 200, FLOUR 10 CENTS HIGHER. ' MINNEAPOLIS, November 2.—Flour unchanged to 10’ cents higher; family patenits, 6.20a6.60 a barrel: shipments, 68,687 barrels. Bran, 28.00a28.50. ‘Wheat, No. 1, northern, '1.12a1.18; De- cember, 1.13; May, 1.18%. Corn, No. 3, yellow, 80a8l. Oats, No. 3, white, 88%a38%. Flax, No. 1, 2.36%a2.39%. 95 1005 1025 91 9214 1025 104% 5% 1104 K54 103 102% [ 96 8¢ 104 | 1095 | 1074 91% 964 2 845 102% 98% So Por Rico Sug 7 Steel & Tube Sug Est Orient Tenn Elec Pow 6s. Tide, Wat Oll 6%s. Toledo Edn 1st 7s. Union B. 3 & P 6. Unit Drug cv 8 US Rub 18t rt 5s. . U S Rubber 7%s. . U8 Steel s £ bs. Utah Pow & Lt Vertlentes Sug 7s. Va-Car Chem 7s. ‘Warner Sugar 7 ‘West Union 63%4s. . ‘Westinghous Wickwire Spen Wilson & Co 18t 65 Wilson&Ccv 1%s. Wilson & Co cv 6s. Winchester A 7% Youngstn S& T 100% 102y 94 9214 1023 106% 953 110% 845 132 Bowes Solarwn 30006310 O i ROV Co.) er. 2 RISE SINCE 1913, 70 PCT. PHILADELPHIA, November 2.— Statistics show that the wholesale 378 | price of furniture has advanced mot 3 more than 70 per cent over 1913 levels, it was stated at the meeting | of the Middlestate Furniture Associa- tion, held yesterday in the Bellevue- Stratford. ~Clarence H. Burt of this cfty and member of the firm of Burt Bros., presided. The meeting was at- tended by manufacturers of several states. MAIL ORDER SALES. ‘ CHICAGO, November 2.—October o i SR sales of Sears, Roebuck & Co. jumpec 153%1 Coula the tongue e clipped every [ $2843820 to 22076735 For the ‘fll‘l,% time it caused a hurt, thousands of us | ales incressed $33,114,5671, to $174,- 107% Isoon would be. dumb. 327,540, }W Y1 §.25a7.00 plain kinds downward to 5.50 and below; bologna bulls, 4.25a £50; vealers, 10.00 downward; stock: ers and feeders steady to strong. bulk, 5.506.50. . Sheep—Receipts. 10,000 head. Ged- erally steady; bulk fat native lambs. and fed westerns, 12.75a13.00; cull natives, 9.50a10.00. : DAIRY PRODUCTS. BALTIMORE, November 2 (Special). —Poultry—live spring’ chickens, Ib., 23a24; leghorns, 18a22: old hens, 184 25; leghorns, 17a18; old roosters, 14a 15: turkeys, 40; ducks, 17a25; pigeons, pair, 20a25; guinea fowl, each, 40a70. Eggs—Loss off; native and nearby firsts, doz., 47; southern, 43a4s. Butter—Creamery, good: to ‘fancy, 1b., 45a50; prints, 50mb2; nearby creamery, 38a42; ladles, 34a35; rolls, 28a32; dairy prints, 28a32; process butter, 38a39; store packed, 27. + PARIS MARKET FIRM. PARIS, November 2. firm on the bourse today. Three ner cent rentes, centimes. gl Exchange on London, centimes. Five per cent loan, centimes. The dollar was quoted at 17 francs 24% centimes. BUTTER IS HIGHER. CHICAGO, November 2. i creafnery extras, 51; st 481;: exira firsts, 483%a30 . 45846 : seconds, 4Zadd. Eggs — Unchanged; receipts, 3,460 cases, 5 francs 65 franes 72 franes 60 Tow. Loews Declares Dividend. Loews, Inc. has declared a divi dend of 50 cents, payable Décemh. 31 to stock of record December 1, The company passed the dividen in June, 1921, Reporta Income of $2,501,346. The Producers and Refiners Co poration reports net income of §2 801,346 for the nine months endin September 30, 1923, equal after pre ferred dividends and minority inter est in subiddiary companies to 33 a_share on the outstanding $36,6 977 of $50 par value common stoc Stock Plans Discusscd. Reports that the exchange of Nickel Plate stack for Chesapeak and Ohio shares, held responsible f. the strength of the latter in yes- terday’s trading, was - contemplated were denied today by C. P. Vun Sweringen, chairman of the board of both roads. C. & O. stock now pays 4 per cent, and unconfirmed reports state the rate may be increased to 5 or 6 per cent. . A B ST DIVIDENDS. Stock of Company. ®nt Pap & Bag & PBa Consol, Connor C Connor ¢ Deere & Co., May Dept. May D. Stores p. Philipsborn Pittsburg St.