Evening Star Newspaper, July 10, 1924, Page 26

26 i FINANCIAL. THE EVENING STAR, WASHINGTON, D. C., THURSDAY, JULY 10, 1924.. FINANCIAL. BOND ISSUE ALLOWED. The Florida East Coast Railroad Company today was authorized by the Iriterstate Commerce Commission to issue $1,875,000 of =squipment trust ertificates. The Chicago, Rock Island and Pa- cific Railway Company today applicd for permission to pledge $43,715,000 of its first and refunding mortgage =old bonds as collateral security for short term loans. | SHOWS BUSINESS GAINS. NEW YORK, July 10.—New busi- ness booked by the Westinghouse Electric and Manufacturing Company in the quarter ended Jine 30 approxi- mated $40,300,000, av increase of 6 per cent over the preceding quarter. Sales billed were about $40,960,000, compared with $44,680,000 in the pre- vious three months. 'Unfilled orders June 30 were around $61,254,000, against $61,914,237 on March 31 long and well. or small. THE busier the office the harder the chairs must withstand. Sikes Chairs are built to serve the busiest people—serve them Their solid construction, at- tractive appearance and mod- erate cost meet the demands of every business office, large We have them in various styles and finishes. __IMINNIX - Office Furniture service its —found where business succeeds. 712 13th St. N¢W. Main 1086. SMOKED BUTTER Fancy ' Fresh Creamery “Sunset Gold,” Ib. 47c White Squash - - Yellow Squash - - Lettuce - - - - head 8¢ Beets- - - - bunch 4¢c String Beans - - Ib. 10¢ Ib. 5¢ Ib. 5¢ BUDWEISER BEER Bottle - Ivory Soap, small, 4 Corn PEACHES Del Monte, sliced or halves Can, 25¢ 4 cans for 89¢ HAMS 8 to 10 Ibs. Salt, 2 Ib. Sacks, 3 for - Mueller’s Macaroni, Pkge. Libby’s Corn Beef,No.1Can - 24¢ Temtor Preserves, 15 0z.glass 25¢ Grape Nuts, Pkge. - - - - - 16¢ Shredded Wheat, Pkge. - - 10c “Sunset Gold,” 2 Cans - 25¢ PIGGLY WIGGLY The cleanest stores in Washington, stocked with all the best nationally known brands of merchandise at prices that will save 25% on your food bills. No wonder the public deals with PIGGLY WIGGLY. SMOKED .. SHOULDERS::. ib.22" EGGS “Brookfield” strictly fresh every egg guaranteed. Dozen in Carton 38c FRUITS AND VEGETABLES Every variety in season at most reasonable prices: bunch 4¢ Ib. 3¢ Carrots - - - New Cabbage - - Cucumbers - - each 5S¢ Turnips- - - bunch 6¢c Green Peas - - - Ib. 10¢ BEVERAGE SPECIALS CLICQUOT CLUB GINGER ALE - 15c |Bottles, 2 for - - 25c | Pint Bottle Carton (1 Dozen) $1.75 | Case (2 Dozen) $3.25 | Quart Bottle - - S59c Grocery ltems of Highest Quality at Lowest Prices Del Monte Fruit Salad, can- 23¢ Campbell’s Beans, can- - Ritter’s Beans, 3 cans - - Blue Ribbon Tuna, % Ib.can _White Star Tuna, 1 Ib. can Maraschino Cherries, 3 oz. Bottle- - - - - - - - - 10c 25¢ 27¢ 27c 10¢ 25¢ 10e 10¢ Mavis Choc: for - Dromedary Pkge. - SUGAR ° Best cane granulated Lb., 7%¢c 10 lbs., 71c 100 Ib. sack, $7.00- Pink Salmon, tall can - Chum Salmon, tall can - Argo Salmon, tall can - Beechnut Peanut Butter, Jar 11¢., 18¢. and 28¢ Ritter’s Catsup, Bottle- - - 11¢ Swansdown Graham Flour, Gulden’s Salad Dressing - - 10¢ Lippincott’s Jelly, 75 oz. glass 13¢ “Maxwell House™ Coffee, Ib. 42¢ Chase & Sanborn’s Tea, 1 Ib. 24¢c Sweet Mixed Pickles, Qt.Jar 35¢ We have a Sale on These Three Specials All This Week. Prices Good Till Saturday Night. MARYLAND APPLES IN POOR CONDITION Big Peach and Pear Yie’lds Predicted After Study of Whole State. Spectal Dispatch to The Star. BALTIMORE, July 10.— Orchard fruit crops in Marvland, apples ex- cepted, give promise of bountiful vields this year. In some Maryland orchards apples are very spotted; the trees were full of bloom, but did not set fruit, pollination being hin- dered by the excessively wet and cool spring. A full crop of some types of apples is expected here and there on the Eastern Shore, accord- ing to peninsula growers. Wet weather has been favorable to in- sects and disease in both states and damage is reported locally from those causes. Spraying in not a few jn- stances has proven ineffective because of continuous rains, which, growers say, washed off the solution. Hail worked considerable damage. The June drop is reported as heavy. Present Apple Prospects. The apple prospect in Maryland on July 1 was about 2,119,000 bushels. against 2300,000 last scason and 1,714,000 the average of the last five vears. A commercial crop of 382,000 barrels is,indicated. The peach prospect July 1 was much above the ten.vear aveage. A crop of 697,000 bushels is indicated for Maryland, against 631,000 last year. Pear Outlook Bright. Pear production in Maryland, based on July 1 condition reports, is fore- cast at 373,000 bushels, against 374, 000 last year. These forecasts allow for average influences prevailing from July 1 to harvest time. JUNE TRADE IMPROVES. BALTIMORE, July 10 (Special).— Various lines of both manufacturing nd wholesaling in Baltimore report June better than May. The general level of Baltimore's trade in May. however, was below that of 1923. The best buying territory at present runs from upper New York state down through central Pennsylvania and half of Virginia and the lower part of North Carolina, spreading itself in fan fashion to include Alabama, Ten- nessee, Kentucky, a portion of Ohio and Indfana. PARIS MARKET FIRM. 1 PARIS, July 10.—Prices were firm | {on the Bourse today ‘Three per cent |rentes 52 francs 5 centimes. Ex- | change on London, 85 francs 20 cen- times. Five per cent loan, 67 francs 35 centimes. The dollar was quoted at 19 francs 61% centimes. Small Ib.123¢ ‘ CHEESE Tuly, full cream Ib. 30c Cantaloupes - - each9c Lemons - - - i- dozen 20c Peaches- - - - - |b. 12¢ Potatoes - - 15 lbs. 39¢ Spanish Onions - each 5c WELCH’S GRAPE JUICE 32c - - 15¢ - -14¢ - - 25¢, olate Sauce - - - 35¢ Dates, Pkge. - - 21¢ === -30c MILK “Sunset Gold” Brand Tall Can, 10c 12 cans for $1.00 BY WILLIAM F. HEFFERNA) NEW YORK, July 10.—A series of mixed price movements characterized today's trading in the curb market. Pools which have been active appara- ently were satisfied with the recent rise in their favorites and made no further effort to resume the upward movement. Public utilities maintained their leadership, but advances mostly did not extend beyond a point, Lehigh Power gained a point to 82, Western Power was bid up to 33 again and thers was specfal buying of Tennes- NEW YORK CURB MARKET Received -by Private Wire Direct to The Star Office common. Declaration of the regular quarterly dividend of 1} per cent on Electric Bond and Share preferred had no effect upon the stock. Prairie Oil and Gas was freely sup- plied a point under the Wednesday final, Standard of Indiana changed hands ‘at a half point decline and Standard of New York lost a similar amount. 7 Operations for the rise were re- sumed moderately in Red Bank Oil, carrying the price up over a point to the “previous top, and renewed ac- tivity appeared in Royal Canadian at an advance of a half point to 5%. Ward Baking stocks continued to attract attention. Dubllier featured the radio group, advancing to a_new high record just under 42, ané Ware held firm above 17 —————— sce Electric Power preferred and thousands. Sales in T 10 Allled Packers go... 13 73 T3 m 7s new L107% 107y 107 20 AmGas & Fec el o oon o9k 3 Am Roll Milis 6s.... 100 100~ 100 4 Anaconda ‘gl 108 181 109 Anglo-Am Oil Thw... 1021 102 2} 21 Antilia Sugar The. 91 g3 geit 3 Assoc Sim Hdw 8tin SAUG & WISS3s 1 Beaverboard &s.. 5 Beaver Products 9 Reth Steel 7x 1 Can Nat Ry Eq 5 Chi, R Isl & P 23 Cit Serv 7s 6. 5 Cit Sery 7s 1 2 Con Gas Ralt 6 A.. § Con Gax Balt 6i4s D Cuban Tel Ti. 1 Cudaby 5%s.. 5 Deere & Co 7' : 2 Detroit City Gas 6s. 2 Detroit Edison 8s... 21 Dua L Pit 5s B wi 3 Federal Sng 6s o g Bs '33s. 14 General Pet 3 Gulf_Oil Corp 5.0 49 Int Match 615s wi.. 9 K| oK City T 53a nnecott Copper 2 Lenien ¥ 11 e on, wi 10 Libby McN & 3 Missouri Pac 5 2 Morris & Co Ti4s & Nat Leather 8 8§ New Or Pub Se 4 Nor States P 6s. 14 Nor St's ' M 6% 4 Ohio Tower 5 B 22 Penn Power & Lt bs 021 92 5 Eila e et o s 1 10308 3 Public Ser of N'J'75 1078 107% 107% 2 Pure Oil Co 6%y... 945 043 043 1 Shawsheen 7u.. " 108 104 104 2 Stand OI N ¥ 75736 103% 103 104 1Nand Ol XY 70030 1065 100 1083 and Oi s 31 102 5 Stand Oil i 108y 10y 4 Switt & Co 2 Tidal Osage 9TUn E L& P 5ks A 1 Webster Mis 6%s wi 1087, 108% FOREIG 1011 1013 iy 1 Christl Se 5%s * 01 i ilnllnu STANDARD OIL ISSUES. 300 Anglo-Am 0il 500 Atlantic Lobos 90 Ruckeye P ... 100 Humble 0 & 1t new 40 Illinois P L. 90 Imperial Oil of Can 30 Indiana P L....... 500 Intern Pet Co, Lid. 10 N Y Transit 300 Ohio Ol new. 890 Prairie 0il & 100 Penn Mex Fuel 60 Prairie P L.. 20 South Penn Oil. S 0 Indiana...... 8 O Kansas new.. 700 Vacuum Oil new, Sales INDEF in hundreds. 625 621 DENT OIL STOCKS 13 Boston Wyo Oil... .81 .81 .81 1Cit Serv.......000 138 3 2 Cit Serv ptd...... 73% Cit Serv C xerip... Cit_Serv serip.. Derby 0 & R pf wi Engineers Pet..... .05 ulf Oil of Pa. Lago Pet..... Mex Panuco Mount Prod . Mutual Oil vot ew Bradfd Oil wi New Enz Fuel Oil Omar Oi & Gas.. Peer 0l Corp... Pen Beaver Oil Pennock 0il Red Roy -1 v E amm3hataand 3 Saan INDUSTRIALS. 1 Adirondack Pow.... 3215 321 1 Allied_Pack pr pfd 28 26 1 Am Cot Fabric pfd 97 o7 8 Am G & E new wi 74 6% Am L & Tract.... 12813 127 % Appalac Pow & Tt 77 71 17 1 Arch Daniels Midid 16% 16% 16% % Ariz Power ... 21 Atlantic Fruif wi. 1 Rorden & Co. & Torden & Co ris. 3 Brit-Am Tob Cou,. 17 Bkiyn City R K. % Burrough Ad M n 1 Candy Pro Corp wi . 2 Light 2 Centrifug Iron Pipe 1 Charcoal Co of Am . 1 Chic Nip new wi.. 34% 2 Childs Co new wi 374 7% Commonwealth P C 100 1 Continental Tob In.. 228 RCABRL 00 .. ... 000 by 3D &D G Wnewpf 2% 28 24 2 Doehler Die Cax wi 18% 18% 18% 13 Dubilier C & Radio 41% 41 ° 41 1 Dunhill Intl Inc.... 2814 28% 26% 32 Durant Motor .... 181, 16% 167 18 Du Pont Motors... 3% 31y 31 4 Elec Bond & Sh pfd 102% 2 Elee Ry Secur Co.. 163 2 F & W Grant St wi 78 1{ Ford Motor Co Can 450 2% Gillette Safety Raz 282 18 Gen Motor new wi 23 Ginter Co_.... 2 Goodyear Tire .. & Hazeltine Corp wi Z: 4 Hudson & M R R pf ORI Hudson Co pfd . Inter Contl Rubbe Landover Hold Co A Lehigh Power sec. Lehigh Val Coal .. Leh V1 Coal nw wi McCrory St war... Mississ River Pow 23% Nat Tea Co. N Y Tel Co pfd... 112 Y Transportation 37% Omuibus Cor VT C 17 Omni Cor A ptd wi 92 Phila Elec .. 38 Pines Winter Fr A 27% Radio Corp ....... 4 io Corp pfd.. . 4% Radio Cor new A ‘wi 20% Repetti Candy ... .60 . Reo Mot Rova Ra Rosemb Gr Cor pi Sierra Pac Elee... Sil Gel Pr o vte wi Singer Mg ....... S0 C & I new..... Stutz Motor ... . Swift & Co Tenn Elec Fower.. Tenn Elec_Po 2 pt Thomson Radio Co Thread Co pfd.... Tob Prod Exports. United Bakeries .. Unitde Bak pfd... United G & E new Unit Pft Shar new Un Retail Candy. rd Rak Co A wi rd L2k Co B wi Ward Bak Co ptd. Ware Radio Co w | Western Power ... Yellow Taxi Co NY MINING. Arizons_Globe Cop Rlack Oak Gold M. Canario Copper Cons Cop M pew . Cortes Silver . Crown Reserve Diamond Black Bu. Divide Exten Goldfield Cons PRSI 8 1 = 1 54 4 1 1 Harmill Hawtborne Min Hollinger Hecla Min 1210000 Independence’ Lead. Jib Cons ......... Kay Copper Corp.. Kerr Lake ....... Mohican Cop .. Nevada Hills Min. Ohio Cop Piymouth Ld Mine Ray Hercules Inc. Red Warrlor .. Tnc Rock Mt 8 & R. 1% 14 14 Rock MtS & M pf 14 14 17 8o Am Gold & P.. 3% 34 3% Spearhead Gold ... .08~ .04 .03 Tonopah Extens 2% 2% 2% Tonopah Min ... 1 1 1% United Verde Ext 23% 2L 2l U 8 Contin new wi .11 10 a1 1 Unity Gold ....... 1 1 1 19 Wenden Copper .. 1 14 3 Wh Knob Cap pfd. L o e STOCKS GO HIGHER ON CONVENTION NEWS Wall Street Well Satisfied With Ticket Named at Demo- cratic Session. Specia) Dispatch to The Star. NEW YORK, July 10.—The con- tinuea play of strength in the stock market this morning was naturally set down to yesterday's presidential nominations at Madison Square Garden. From the conserva- tive point of view the result was quite satisfactory, and it furnished a new impetus for the upward move- ment in stocks. Remarkabie advances occurred again amoong the public utilities. United Railways Invest- ment preferred, supposedly under the same market patronage as the sen- sational American Water Works is- sues, completed a rise of over 10 points within twenty-four hours. Philadelphia_Company made a new high above 52. With the course of the first half hour, however, realizing sales in- creased. o 80-POINT BREAK IN COFFEE MARKET By the Associated Pr . vere break occured in the coffee market today under extensive selling pressure attributed to European and Brazilian interests. for September and 13.30 for December the market closed weak at the bottom and 65 to 80 points under the previous close. POTATOES CHEAPER. CHICAGO, July 10.— Potatoes slightly weaker; trading, good; re- ceipts, 109 cars; total U. S. shipments, 1,124; Missouri and Kansas sacked Irish cobblers. 1.65a2.10, according to condition; sacked early Ohios, 1.65a 2.15; Illinois sacked early Ohios, 1.85a2.15; Virginia barrel cobblers, mostly 4.00; North Carolina barre cobblers, 3.7523.90. FISK FA(—!:I.‘OB.Y TO OPEN. CHICOPEE, Mass.. July 10.—An- nouncement was made by the Fisk Rubber company that the factory which has been shut down nearly two weeks, will reopen Monday on a five day schedule in place of the threc days a week operative before the shut down. Between 2,000 and 2,500 are employed. e The population of Greater Quebec is placed at 158,448 inhabitants in the annual issue of the Quebec and Levis directory. Stude baker —Light Six has remarkable power and flexibility—its motor is of the L head type, designed and built by Studebaker; noted for its quiet and smooth opera- tion; free from vibration because its crankshaft and connecting rods are ma- chined on all surfaces, an exclusive Studebaker feature on cars at its price. Drive a Studebaker Light Six Prove to your own satisfaction why it is supreme in its fleld. Joseph McReynolds “The Studebaker Man’’ Selling Satisfactory Transportation in Washington for 35 Years. Commercial Auto & Supply Co. - x 14th and R Streets NEW YORK, July 10.—Another se- | Declining to 13.50 | CORN CROP STATUS VERY POOR ON JULY 1 Half-Billion-Bushel _Decline Yield Predicted by Agricul- ture Report. in Corn opened the crop season with the lowest condition ever reported on July 1, and indications of production are half a billlon bushels less than last year, despite an acreage 1.4 per cent larger than planted a vear ago. The Department of Agriculture's first forecast of the season placed total corn procuction at 2,515,000,000 bushels. An unusually cold May, fol- lowed by an excessively- wet June, were responsible for the low condi- tion of corn, but were decidedly fav- orable for wheat, oats and barley, which show decided improvement in prospects over a month age. ‘Wheat production forecasts were increased 47,000,000 bushels over June predictions, with a total crop of 740,000,000 bushels now indicated. while the forecast for oats jumped 124,000,000 bushels to 1,356,000,000 bushels. Smaller crops than last year of white and sweet potatoes, “tobacco and apples, are indicated. but barley, rye, flaxseed, rice and peach produc- tion will be larger than last year. FREIGHT TRAFFIC GAINS; CRUDE OIL PRICES CUT By the Assoctated Press. NEW YORK, July 10.—Another in- crease in freight traffic is reported by the American Railway Association for the week ended July 8, loading having totaled 908,355 cars, a gain of 4,655 over the preceding week, but a decrease of 113,116 under the cor- responding week last year. The Texas Company has met the reduction of 25 cents a barrel in crude oil on the gulf coast made by Hum- ble Oil, also the cut of 15 to 25 cents by Standard Oil of Louisiana in northern Louisiana and _south Ar- kansas and has reduced Mexia, Cur- rie and Powell 25 cents a barrel. Despite. liquidation in other rail- road issues, the northwestern roads are again displaying a strong tone, the opinion being that these sys- tems are in line for substantial gains in revenue by fallowing to the im- proved agricultural conditions of the country. Rail circles, it is said, do not expect confirmation of the merger of the Hill group very soon. ' i e i MAY SELL $100,000,000 IN CANADIAN BONDS By the Associated Press. NEW YORK, July 10.—Wall street is expecting Canada to sell $100,000,- 000 of the $300,000,000 issue of 5 per cent bonds recently authorized s soon as Parliament adjourns, some bankers having heard that it might be placed in the New York market | owing to the present demand for gilt- | edge investments and the prospect | that the Canadian government would obtain a better rate than at any time since the war. New bond offerings today included $3,500,000 Christiania Securities Com- pany ‘five-year 51 per cent secured serial gold bonds at prices to vield from 4.50 to 5.40 per cent, according to maturity. 1 STEEL BUYERS CAUTIOUS. Less Reluctance, However, Noted in Placing of Orders. Special Dispatch to The Star. PITTSBURGH, July 10.—Perhaps the most encouraging sign in the steel trade is the lessening reluctance of buyers to take on stocks. Mills are not expecting consumers to pitch in and buy heavily, for even they do not believe conditions warrant it. One | steel official said today the price movement is as likely to be one way as another and only close scrutiny of the market can enable buyers to prepare for what is coming. The price situation to date shows no definite change. Reports ofyquo. tations less than $21 on_Bessemer were not borne out at Pittsburgh mills, which continue to quote $2.15 on bars, shapes and plates, $2.90 per keg on nails. $2.65 on plain wire and $5.50 a box on tin plate. PRICES UP IN FRANCE. Advance Greater in Raw Materials | Than in Foodstuffs. | Special Dispateh to The Star. NEW YORK, July 10. — Wholesale | prices in France, which had shown a | considerable decrease during the | months of March and April last, rose | again slightly during may, according | to advices received by the Bankers' Trust Company, which show that the general index number, based on the wholesale prices of forty-five articles, was 468 at the end of May, as against 459 at the end of April and 510 at the end of March (basis of 100 in July, 1914). The rise in cost is more noticeable in raw materials for industry than it is for food stuffs. This fact is at- tributed by the government statistical office to the recent fall in the ex- change value of the franc. —_— FRENCH BANK CHANGES. PARIS, July 10.—The weekly state- ment of the Bank of France shows the following changes in francs: Gold in hand increased 66,000. Silver in hand increased 267,000. Notes in cir- culation, increased 109,331,000. Treas- ury deposits increased 442,000. Gen- eral deposits decreased 5,435,000 e C. & A. REPORT ISSUED. BLOOMINGTON, Tils., July 10.—Re- ceiver W. G. Bierd has issued the annual report of the Chicago & Alton railroad for the year ending Decem- ber 31, showing a net earning of $1,177,144 after taxes and all other charges. This is equivalent to $1.53 per share on the common stock after allowing 4 per cent for the prior lien and 4 per cent for the preferred stock. The veport shows total assets of $177.365,829 as compared with $168,- 341,568 in the previous year. FLY Pt. 75¢ QL. $1.25 FLIES Foremest Industrial Resenrsh tostitute. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY ATLANTA, July 10.—The Georgia Sweet Potato Growers Association, a co-operative marketing organization has commented shipping green poto- toes, although the association is supposed to cure all yams. The first order from New York specified green potatoes and the buyer agreed to let the association fix the price. The crop is heavy, although two weeks late. FORT WORTH, July 10—With prices steady, the Texas peanut belt is fac- ing a prospercus- season as a result of recent rains. Acreage is normal and the crop will begin to move in thirty to sixty days. MINNEAPOLIS, July 10.—Mauniclpal authorities are planning to use about $5,000 worth of jodine annually in the city water supply to combat a grow- ing prevalence of goiter, reported by physicians here. ST. LOUIS, July 10.—There has been a marked increase in the demand from Mexico for shoes made in this section. Leather and/ paper also are in request there. SEATTLE, July 10—Seattle mills have advanced prices on best grade family patent flour from $7.70 to $7.90 a barrel, making a total increase of 60 cents a barrel in the last month. CRUDE 0IL OUTPUT DROPS DURING WEEK Daily Average Imports Show Slight Decline in Recent Receipts. By the Associated Press. NEW YORK, July average gross crude oil production of the United States for the week ended July 5 decreased 7,300 barrels, total- ing 1,968,550, according to the weekly summary of the American Petroleum Institute. The ‘daily average produc- tion east of the Rocky Mountains was 1,349,050 barrels, a decrease of 100. California production was 619,500 bar- rels, a decrease of 7,200. Daily average imports of petroleum at principal ports for the month of June were 261,367 barrels, compared with 259,064 for May, and for the week ended July 5, 230,714, compared | with 370,857 for the previous week. The daily average receipts of Cali- fornia oil at Atlantic and gulf coast ports for the montn of June were 127,400 barrels, compared with 132,484 10.—The daily | i LIBERAL REGEPTS - INLOCAL MARKET Cabbage Prices Lower, String Beans Also Sell Off. Tomato Demand Heavy. The dally market report on fruits and vegetables compiled by the mar- ket news service bureau of agri- cultural economics follows: Cabbage — Home-grown supplies heavy and supplying the market; de- mand light, market weak; home- BTOWN uncovered slat barrels, point- ed and round types, 75a1.00; few 1.25 Cantaloupes—Supplies liberal; de- mand good, market steady. Califor- nia, salmon tints standards, 45s, 3.00% 3.25; mostly 3.00; standards, 8.00; jumbos, 45s, 3.50a3.75; f 2nd 15s, mostly 1.25. Georgia pink meats, flats, wrapped, 6s to S§s. fow smaller, 50260; mostly 30. Peaches—- Supplies moderate; demand slow for small size, moderate for medium and Py large sizes, market steady; North Carolina, 6s, Early Rose, ediuin’ to large size, best, 2.50a2 4 soft, some wasty, 1.50a2.00; large size, best, mostl : Georgia, 65, Hileys, medium size, best a2.75; some overripe, 1.50a2.00; medium to_large sizes, small size, 1.2521.50. Potato Market Steady. Potatoes—Supplies moderate; ¢ mand moderate, market steady. Vir, ginia, Norfolk section and North Carolina cioth, stave. and elat bur- rels, Irish cobblers, United States, No. 1, 3.00a3.25; few higher. Watermelons—Supplies liberal; de- mand moderate; markat about steads Yesterday's car lot track sales: Geor- gia and Florida, no sales good stock butk reported, some poor condition, per car Tom Watsons, four t to 26 pound average, 200.00a 26 to 25 pound averas Lettuce—Supplies moderate, market New York, crate: best, 1.00a1.25; much 50a7 Beets—Homegrown and supplying moderate; supplies heavy the market; market fairly demand steady: homegrown, 2.50a4.00 per 100 bunches, few higher. Carrots—Supplies moderats liberal; demand market weaker; home= 50 per 100 bunches. Heavy Tomato Demand. Lima beans—Supplies moderate: dés mand_good; market steady; North Carolina, bushel hampers, best, 3.007 some poor condition, 1.5022.00. 5 Tomatoes—Supplies light; deman® for May, and for the week ended July 7, 78,143, compared with 147,714 for the previous week. FOOD STOCKS BOOMING. Usual Midsummer Business Gains| | Are Reported. NEW YORK, July 10.—Food issues gained added [ | [ i National Blscuit's quarterly report, showing increased profits of about $600,000 compared with the corre sponding period last year. Strength also was displayed by Postum Cereal and Park & Tilford, it having been rumored that the latter company planned early retirement of its fund- ed debt. Food products companies usually enjoy their best business in the second and third quarters due to larger consumption in summer. 5 = Washington Stock Exchange. SALES. Washington Gas 66 '33—100 at 101, 100 at 101 [ Capital Traction Co.—5 at 93%. WashingtonyRwy. & Elec. com.—6 at 78, 10 at 1855, B af 78%, 10 at 79, 10 at 79, 10 at 9%, 10 at T9%. shington Bey, Hitge & Tavest. pfd.—50 at 8%, 50 a8}, 50 at 8%, AFTER CALL Capital Traction 55—$1,000 at 98. Potomac_Electric Cous. 56—$1,000 at 7%, $2,000 at 97%. : Washington Rwy. & Elec. 5. & . 6 '3 1.—$1,000 at 9. Washington Gas 6s /338100 at 101 w. impetus in the stock | market yesterday on publication of | Rwy. & Elec. ptd.—S at 5%, | good; market strong; Tennessee, 4s, green and turning, wrapped, mostly’ large size, best, 2.25; some dec leaky, 1.50a1.75; South Carolina, 6s, turning, wrapped, fair quality, fancy count, 3.50a3.75; choice count, 3.00 Corn—Supplies liberal; ~demand good; market steady; North Carolina, crates, 2.00a2.50. String beans—Homegrown supplles liberal; demand moderate; market weaker, prices declining; homegrown, uncovered slat barrels, 3.00a6.00: mostly 4.00a5.00. —————— GRAIN AND PROVISIONS. BALTIMORE, Md., July 10 (Spes ial). — Potatoes, white, 100 pounds, 50a150; 150 pounds, 1.25a3.00; new potatoes, barrel, 75a3.00; asparagus. dozen, 1.50a4.00; beans, 'bushel, 1.65; beets, per hundred. 4.00a5.00: cabbage, per hundred. 300a5.00; car- rots, per hundred, 3.00a5.00; corn, crate, 1.00a2.00; cucumbers, basket. 1.25a 1:60; eggplant, crate, 2.00a3.50; lima beans, bushel, 250a2.75; lettuce, bushel, 25a75; spring onions, per hun- dred, 1.75a2.00; peas, bushel. 150a 2.50; spinach, bushel’ 100al50: rad- ishes, hundred, 1.00a3.00: squash, basket, 1.25a1.50; toma crate, 1.25a2.35. Apples, barrel, 1.00a3.30; bushel 75a1.15; cherries, pound, 13ai5: bla berries, quart. 7ald; strawb: : quart, 15a20; pineapples, crate 4.00; peaches, crate, 1.50a3.50: @ melons, per hundred, 25.00a50.00 taloupes, crate. 1.00a3.25 Settling Prices on Grain. ‘Wheat—No. 2 red winter, spot. . 2 red winter, garlicky, domes Bag lots of nearby. new, at 1.06 and 1.08 per bushel Corn—Cob, new, 5.00 per barrel for vellow and 4.85 per barrel for white: No. 2 corn. pot, 98; ‘\‘o6 3, 95; track hington Rwy. & Elec. 4c—$1.000 at 74. asbington Gas Light—10 at 51, 2 at 51, 2 at 5015, 6 at 50%. Wardman Park Hotel 6s—$1,000 at 100. w. 1~$500 at 99, Momey—Call loans, 5 and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY. American Tel. & Telga. 4s. 9634 American Tel & Telga. 414s. 104 Am. Tel. & Tel. ctl. tr-5 101 Am. Tel. & Tel. conv. 6s. Anacostia & Poiomac 2 s Anacostia & Potomac guar. 5s.. S8 C. & P. Telephone J........... 98 C. & P. Telephone of CideEs Capital Traction R. R. o 871 Capital Traction K. B 5 97 9555 City & Suburban 3 836 = Georgetown Gas Ist_ 87y 89 Metropolitan K. R. 3s. w0 Eo Potomac Electric 1 e Potomac Elec. cons. 97 Potomac Flec. deb. 6s. 100 i Potomac Elec. 65 1953. 1023 Elec. Pow. £ m. & wh.. Alex. & Mt. Ver. Sh. Alex b, Balt ington Washington Gas Wash. Bwy. & E Wash. Bws. & Elec MISCELLANEOUS. | STOCKS. PUBLIC UTILITY. ¢ American Tel. Tts. R 14 Amer. Tel. & S 20 e & Biec. com. 5 Wash: Rwy. & Eiec. pld % Terminal Tazi com. = NATIONAL BANK. Capital Columbia .. TRUST COMPANY. American Security & Trust.. Continental Trost.. ts' Bank. e omal Savings & Trus Trust.-.soe - RE R P SAVINGS BANK. erce & Savings. Fort Washington - Eorurity Savings & Com. Seventd Street..... Tnited States. 3 ] 8558 ‘Washington Mechanics 81 s FIRE INSURANCE. Scoran - 13 TITLE INSURANCE. .. iy TR MISCELLANEOUS. ¢ Paper pfd. Uerchante. Transter - Ot Dutch Market com 0ld Duteh M Lanston Monotype. Security Storage... ‘Washington Market. achington Rwy. & Elec. £. & r. 66 '33 | I Askea, |and heavy Yellow Cab.. EX aividend. one. 0. 2 white, 64; No. 3 white, ew, 63. of Rye—Nearby, 90 and 95; No. pot, 85%. 3 Hay—Receipts, 105 tons. market rules steady under a fair de- mand for top grades of Timothy amd choice light mixed hay at full quota- tion. Low grades of grassy, weedw mixed hay are not wanted rve, The hav sale at irregular values® 25.00a and slow Quotations—No. 1 _timothy, No. 2, 27.00a27.50; No. 3, No. 1 light clover mixed, No. 2 light clover mixed. 25.00225 e 0; 0; No. 1 clover mixed, 2 clover, 22.00a23.00. 1 0 o 0! Z Straw—No. 1 straight rve. 23.003 4.00 per ton; No. 1 tangled rve, 15.00 0.00° No. 1 wheat, 17.00a17.50; Noz 1 t, 16.50217.00 st DAIRY PRODUCTS. BALTIMORE, Md., July 10 poultry—Spring 42; leghorns, 30a leghorns, old, 15a20; old roosters, 1 Ducks, “15a18; spring ducks, 24a; Pigeons, pair, 30a35. Eggs (Loss off)—Native and near- by firsts (free cases), dozen, 26i%a 2 a2l oa (Spe- chick- 5; old Ib. 35 hens, 18a26 12715 ; southern, 25%. BUTTER—Creamery, good to fancy, 1b., 39a43%; nearby creamery, 35a3S: printss, 4312a45%; ladles, 30a32; stgfe packed, 28; process butter, 34a35 ST e RAIL TRAFFIC HOLDS UP. Seaboard Air Line Does Good Busi- ness Through June. Special Dispatch fo The Star. 3 BALTIMORE, July 10.—The Sea- board Air Line railway continues to handle a larger volume of traffic than it did a year ago, despite the Slow- ing down of manufacturing activities along its line. June is the company’s worst month from the standpoint of earnings, the normal shrinkage being 2 to 3 per cent, compared with other months of the vear. While earnings for that month this year will be smaller than those reported for any of the othef five, they will exceed the June figures of a year ago. Carloads moved in June were 144, 661, against 135824, last year, and 167,018 in May this year. Increase over June last year was 4.2 per cefit. Loadings of fruits and vegetables in June increased 38.4 per cent over last year; building matertal increased 13.8 per cent, and all commercial freight decreased 1.9 per cent. LONDON BANK REPORT. LONDON, July 10.—The weeKly statement of the Bank of England shows the following changes in pounds: Total reserve increased 534,000. Circulation decreased 53ir 000. Bullion increased 3,779. Other securities decreased 25,406,000. Other deposits decreased 29,260,000. Public deposits decreased 1,814,000, Notes re- serve increased 532,000. Government securities decreased 6,165,000, a IMPORTS EXCEED EXPORTS: LONDON, July 10.—Following are the board of trade figures for the month of June: Total imports, £88 500,000. Exports of British prod- ucts, £62.020,000. Re-exports, £10;c 020,000. ‘Total exports. £72,040,008 Lxcess of imports, £16,460,000 I