Evening Star Newspaper, July 17, 1924, Page 28

FINANCIAL STOCKS FIRM UP INFINAL TRADING Steel and Oil Shares Gain; Much of Ground Lost Earlier in Session. \ BY STUART P. WEST. Special Dispatel o The Star. NEW YORK. July 17.— vhanges on the stock exc nge today a rule were under intfluence of two things, namely, unfavor- news, as in the case of the steels and oils. and, secondly, the persistent attempt on the part of several spec lative cligues to bid up th favorit The New York City Tractions and « number of the, rails were notable cxceptions. The” confidence of tlhe rank and file in any stained up- ward movement had been reduced to e extent by the fluctuations iu certain quarte of the list d the uncovering one after anotasr ol wcak spot. BEven wai the market gen- orally had an app nee of Weilh- 1oss, however, strong syndicate sup- port asserted itscif here and there and ke alive speculative interest. Stéel Shares Depressed. Steel shares w extremeiy public quate n indi ma ke Repubiic e price eith upon what the other steel report for that carned only & s a share jon stock after all charges I dividend requirements, with )6 in the first and with §5.90 a share W quarter of 1923, With ¢ hand and bearing in i too satisfactory out- tird U months, Wall incd to stecls ) a rather Operations 1or k City t ”‘ asit and the Rapid _Transi a good de Manhati to its high The demofstration in the trans.ictions reflected the carnings would continue with Jklyn level for New' York belief that to improve itails Advance Slowly. upward movement in ler of the rails was less spec thin it had been in recent de Lut nevertheless it was an ou fug incident. The interest today this quarter lay more in the medium and low priced groups, with New Haven and Rock Island among the featurcs. Both stocks went to new highs and were very active. Whecling and Lake Erie stocks werd again in demand shares resisted urc occasioned by news inoa rather The the unfavorable impressive center of | s it drop- ner was the \ the day swift, and The carryin it was off mois he 1924 top, w W reduction in_ the divide $10 annually to $4 Beking Quiets Down. untered profit- taking fol 9-point advance s preceding day, but the gossip rersisted that the compapy would be cd rizer with other bak- crests. The po of a d» al with the United I been rumored, : of United Baking ¢ the L a vear ensive rise. for the rails were the, traffic statls Bufeau of Ra ton miles on the 14.4 per the same than as in an from iencral Genoral ne gher price ed in spi Accordin way Eceonomi class onc cent during month a y net ay ove ding Stronger. afternon stock market much The sented a h ng I f its u‘rn;.ul.fl‘il\ of the forenoon e ordinary indus- trial leaders, like United States Steel ecommon, after having dronped belov the bottom prices of the previ . recovered 21! and more of their os the session weat on, h of the New York and some of the r: n to the general r than at e itliatana- »i of unfavor: nev CLOSE IS UNSETTLED. Million-Share Day—Prices Turn Upward in Final Hour. rasting IL proved unus: spots where stop loss ent buy- railroad d extensive short d early reac- ted 1.000,000 industriz coppr n the final hour pivotal i the < upward turned gular: 1924 highs ion is- YORK i ern rail issues at 1 wnd tr: excnunges cusy: sterling nes low otton firm: high temperatures tnwest Suzur weak: slow spot demand Cofiee eusy; tride seiling CHICAGO - Wh vong; less fa- ¢ at reports. bad crop new i unevenly lower. and ||Igu~ 1 ron 5% “orn Cattle Hos i BOND LIIlIT EXTENDED. NEW YORK. Juiy the 1 per cent honds oi e ding Compuny ice of extension of the to October 1¢ for the ex- these ooligations for the issucd by the lieading and ted coal companies pro- - third plan. Bonds $94.000,000 were out- wnding when the segiegation pla < approved and about $88,000 have been exch The old boi tober 10 Is remain outstandi RAW SUGAR DECLINES. NEW YORK. July 17.—Raw sugar declined ¥ ecarly today to the basis of 5.02 for Cuban duty paid. Sales reported were 10.000 bags of Cuban now loading and 10.000 of Porto Rican for late July shipment An opening decline of 1 to 5 points in raw sugar futures due to dullness in the spot market was récovered lat- er on Cuban buying and thc market at midday was unchanged. DIVIDENDS. Stock of Record. Aug. 13 July 18 July 23 Juiy 25 21 % ai Keystome ‘lel Co, q. $1 pfd...Sep.t 2 Bigelow Hart Carpet Co, . $1.50 com. and pfd.. Aug. Kellogg Swhrd & Sup q. 26. July 3 Albert Pick & Co q. 40c com. Aug. Fed Sug Bef Coq.1%% com and 1145 pfd. Aug. 1 Juy Au Aug. 8o, Avg. period. | selling | Adams Exp (6) Adv. Rumley. Adv Kum pf (3). Air Reduet (4).. Ajax Rubber. pf (D). Allls-Chalm (4).. Allie-C M pf (7). Am Agricul Chm. Am Agr: Chem pt Am Beet Sug (4) Am Boach. .. AmBrs & F (5). Am Can (+6)., | Am Can nr (7) Am Car & Fy(12) Am Drug Svng. Am Express (o) Am & F P ose (s Am For P f pd(T) Am Tce (73 A1n Tnternas Am LaF FE1). Am Locomn (6). Am Metal (3)... Am Radiator (4) Am Ship & Com. Am Srh & Ra (7) AmSaRpr7y Am Snuft (12). .. Am St Fdys ($) Am Sugar.. .. . Am Sugaror 7). | Am Sumat Tob. | Am T & Ter 8y, AMTAl & T res Am Tohne 19y . Am Tob B (12 | Am Warar Wi | Am W W pf (8). Am W W st (7). ™ Waolen (7). Am Wool pf (7). Am Writ Pap pt. Am Zine. . Am Zinc pf. Anaconda. . Arm pf Del (1).. Ssmo Drv G (6. Assets Realizat. Asa Tl (143 AtT&SFC(6Y. . AT&SF f(5). At] Birm & At Asan Frult cfs M GurE WL, AtGulf & WIpt Atian Rof (4) I Atlan Rof pf | Atlas Powd u) Austin-Nichols. Bald Loro (1 | a1 & Obto (5) Bai & Oh pf (4). | Rarnsdall A ... B'eh Nut (2 40). | Berh Steer (7y Reth Stl p? ( Beth St pf (8) | Br& Edison i%1. I "rx-Man Tran. . Rr Man T pf (8). PrkiynTnG (4 | Brown Shee (4). | Brunswick Term. Burns Br (10) Butte " & Zin Butte&Superior | Butterick Co. . . dio Cen O & R. 1 ver (131 = e | Calu & Ariz (2).. n Pacific <1y, “ent Leather o | Ches & Ohio (31 “hicago & Alten. Chic & Alton of. . Chic & Zast1l. .. | Chic Gt West | ©hic Gt West of ... Ch Mil & Paul. CF M1 & St P pf. Chi & Nwn (4). Chic RI& Pac CRI&P DI (6).. CRI&PDL (7). Chile Cop (2%4).. | Chino Copper. . Ciuett, Peab . jcecc St L | Clu, Peab pt (7). Coca-Cowe (7). .. Colo Fuel & Iron. Col G & E (260 .. Com In Tr pf (7). Jomn Solv A (4).. Com Solv B Congoleum (3 Consol Gas Consol Textile. ront Can (4) Cont Ins (6). ... Coni Motors ( Corn Product | Corn PrR»f (7). Cusrten C TSP Crucib Stiof (7). | “ub Am Sug | Cuban Care Sug. Cub Cane Sunr.. Cuyame! Fr (4). Dan' Boone M (3; | £ dson Chem. . Del & Hud (9) Del L& W (6) . Dot £1Co (8) . Dome Mines (2. DuPtdaN (3)... Duq Lt et pf (7). man (614). ©nd-Jobu (5) . .. End-John pf (7). Eori 5 Erie 2d pf. 1 Fairbanks (2.60). Barus 1 (8 Fed Min Sm. . +'d M&Spl (1 Fifth Av B 164c | Fisn BOpf (8).. wimshman (3 Foundation (6) .. Freeport-Tevas “en Asphalt. Gen Buking (6) .. 3en Cigar (8) . ‘;eneral Elec (x). Gen E! spe (8c) n Mot (1.201 Gen Mot pt (6) Gen Mot db (8). Gen Mor - (7) | Gen Petm 2 | Gimbel Bres. Gold Dust | Goodricn. . Goodyearpf..... Granby Consol. . . Gt North pt (3)... | 31 Nor Ore (33 Grt Wstn Su (8). Gt West Spf (7). Gr Canun Cop. Guantan Sugar Gulf Mo & Nor. Gu Mo & N pf ¢ Guit StSH (). Hartman Co (4). Haves Wh'i (3v.. Homestake( 7).. fHouseh'd Pr (3).. Houston Ofl. . .. Hud Mot C (3)... Hupp Mot C (1).. Tlinots Cent (7). 111 Cent pf ¢6). Indep Oil (1) Indian Motorcye indian Refining. . {nspiretion Cop. . intert Rap Tr. Internat Ag pf. inu Bus Ma (8)... 1t Cement (49 Int Com Eng (2). Internat Har(5) . ing Mer Marine. . Int Mer Mar pf. Internat Nickel. . Internat Paper. int Pap pt st (6). INtT&T ($).... Invineible Oil. ... Jones Bros Tea Kan City South. . Kan C 8o pf (4). A I: Knmnl(l) Open. 85% 10% 37 79% 1us High. 874 10% a7 79'¢ 6% 1% 76% 834 95'4 10% 3 241% 107% 11% 614 20% €84 37 35 i 33 671 24% 3% 1094 11 6% 204 6% 22% 38% 7 96% 454 25% 20 9% 37% 17 5615 73% 6% 10% 247% 20 . 53% 86 1% 145, 867 6% 963 42 50! 295 19 48 154 63% 81 s1% 107% 43% 28 69 | 243 131 1093 111 % 20% 61 24 9% i 4 96% 45% 26 90 100 38% 170 56% “ 6% 1% 25 21% 54t 86 Low. Close. R5% 10% 87 7 6% 14 T4 118 529 95 10% 30% 10 28% R0% 115 115% 167% 4 1% 4 109% 1% 248% 1% 14 7% 65 °g 99 107% % 6 20 6915 L 87 3445 43% By 667% 24% 2% 1094 m 615 20% 6% 2% 36 6 9616 45 261 90 9% 86%% 16% 85% 78% 6% 104 24% 20 63% 86 874 10% 79 [ 1% 76% 118 53% 5l 104 81% 28% Open. High. Kelly Spr Tire. Keune Cop (3). Keyatone T & R Kinney G R Co. .. Kresge Dept Stor Kresge D S pf (). Lee Rub & Tire. Leh Val (3%) Lig & Myrs (3) Lig & Mvrs B (3, Linia Loco <4). Loews Ine (2) Lott, Incorpor. Loose-Wiles Bis. . Lorrillard (3) .. Ludlum 8t (2).. McCror C pf (7). Melutyre (Toc . Mack Trucks (6y Mack Cos pf (4). Mg Copper. Manati Sug Man K Sup - 4) Man El gtd (4). Man K modid 4 Manhat Shirt (3) Mararabo Oil Market St R: Mkt St Ry pr pt Mar and Ol . Marlin Rockwell, Matiueson Alkaii May Dpt 8t (5).. Vaxweli Mot A Maxwell Mot B. Mex Seaboard(2) MexSeabd ctfs(2) Miami Cop (2). Middte 8 ¢ Minn & St Louis. . Mis Kan & Tex. Mis K & Tex pf - . Missouri Pacific. . Missouri Pac pf .. Mont Power (4) . Montgom Wird 12% | ¥ an Mot (3) Mother Lode T5c. Munsingw'r (3) Nast Mot (1515). Nash & Chat (7). at Buscuit (3). Nat Bis pf (7) Nat Duiry (3). Nat Dept Stores. & St.. at Supply (/) ev Cons Cly NewO,T&M 12314 N Y AirBr (4). BraA (4 Y Cann pt (1) N ¥ Centrai NV C&StL(6). SrcastLof (6 N Y Ont & W Niagara ¥ pf (7). Norfolk South Norf & W (18) th An.er orth Am pf (3). North Pac (5 Oh F Sup ( Ok'a Pra hef. i0 Mining. .+ nm (115). Otia Elev (n) (4). Otis Stecl. PacG & E (8). Pan Amer (4). Pun Amrear B (4) “nn Railr'd (3). Seab Steel Peoria & Kas | Vere Marqg (4) hita Co nf (3). . Phil Mor (50c? Phillips Pet Pierce-Arrow. Pierce-Arrow pf. Pierce Ofl. Vlerce Oil pt. Postum Cer (4). Press 3tiC (4).. Prod & Refiners Pub S NJ pt (8). Puliman Co (%).. 124% Punta Al Su (1., 4 Pure Oil (112) ... 20 Pure Oilpf (8)... €3 Ry StSgpf (7).. 116% Ray Cors Cop. i Reading (4)..... Read 16t pf(2). Replogle Steel. Rep Ir & Steel Reynolds Spr (2) Rey Tob B (3)... Roesia Ins A (6). Roy t~h (3461, Royal Dutch StJosepn Ld o n Fran n Frpf. onthwest. . S'thpf (6).. aze Arms. Schulte (8) . Seaboard Air L. Svab’d Air Lpf. . Sears-Roeb’k (6). Sears Roe pf (7). Seneca Copper. Shattuck-Ariz. . . Sheil Uu Ol (1) Simmons Co (1) . 95 114% South Pac (8)... Southern Ry (5). South Ry pf (5) Spicer M{g. 5 ~td Gus & 1 . Stand Mill (5). .. and Mill pf (6) <toni Cal (2). StOINTA). StOIl N Jpt (1) Std Plate GI( Stew't War (10). Stromberg C (8). Srudebaker (4).. Submarine Boat.. <uperior Ofl. ... Telautograph. .. Tenn C & Ch TexasCo (3).... Texas & Pacific. . Tex & FacC&O. Third Avenue. . Timken (1314) Tob Prod (6) . Tob Prod A (7). Transcont Oil. . Undereood (3). Un Pacific (10).. Un Pac pf (4). Un Tank Car ). Utd Alloy Steel... Utd Cigar Stores. Ttd Fruit (10) Utd Ry Invest Gtd Ry Invest pf. U'S Cast Iron P. US Distributing. U S Hoft Mach U S ind Alcohul. USR&Im (8). USR&TpLAT). 'S Rubber.. . USR Istif (8).. U S Smelting. US Sm't pf ( U S Steel (18) U & Steel pf (7) Universal Pipe Universal P pt(7). Utah Copper (4).. Utab Securities. . Vanadmum Corp. Vg-Caro Chem Vivadou.. Wabash. .. Wabush pLA. ... Wald Sys (1%) West P’en (4). West Penn pf (7) West Ei pf (7). 2% West Pacpf (€). 71 West Un Tel (7). 109% West Air Br(5).. 93% 13% 41 15 63% 56% % 9 49% 9% b9% 613, 16% NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Low. 12% 40's 1% 63% 8% 95 9 a8t 68% 57% 60% 16% 6 6015 86% 17% 105 15% 904 66% .| orous 344 6% 9% 0 0% 1 40% 88 | ] to | the | cre; | tions, i Iron | road Cornpany BOND QUOTATIONS |C TURN IRREGULAR Hesitation and Profit Taking Follow Sharp Gains Made Yesterday. BY GEORGE T. HUGHES Dispatch to The Sta: W YORK, July 1 market hesitated today after its vig- adv; of Wednesday and there were signs of profit taking jscattered throughout the list. What reaction there was, however, was deemed unimportant by bankers, who {vvinted to the continued ease in the money market as sgfficient reason for anticipating continued strength n bonds. All te United States government loans were slightly lower and high- grade rails and Industrials were { mostly off fractionally. On the other hand, inquiry for large blocks was sctive in the over-the-counter ~ading. —The bond nee In the foreign tp in the Br ite as rapidi 1kers for 1 rly roup recovery kept ues. although not as yesterday. The il express confldence termination of the in- snt. The larg n among these Brazil obligations was made by the City of Sao Paulo re s vy again, s crossed 93, and the v 85 were fractionally higher. p 9 were weaker, but Duteh I issues were all in demard. Railroad Licnx Uneven. Tlhere were many cross currents in speculative rails. The St. Paul bonds, L went up late Wednesday, failed I 10 hold all their gains. ie” obliga- tions were very stronz, with new hixh rds for the convertible “A’s” and The alk buying was based on merger rather than earnings, Seaboard Line adjustments starfed a_new pproaching £4. New York, ter and Boston 41as sold above also a new high. Chicago and Eastern 1llinois 5s were s The feature of the tractions was the active speculation in all the Interboroush issues where the stim- ulus was the more favorable earnings statement Todny's New Offerings. | An increase in financing is in sight for next week. Today's offerings in- clude $1,161.000 province of = New Brunswick 58 to vield 4.85 per cent, and $1.000,000 San Antonio joint stock land banks of Texas and Oklahoma 5 per cent farm loan bonds to yield 4.57 per cent to the optional date. STEEL ORDERS IMPROVE. Age Reports Moderate In- crease at Mills UK. July feature of t ate ine mills, is on no shutdowns. rn Ohio it pric declined. rger amount of new busines needs umu 1 while mills were idle at the L month, and does not sign ed consumption. In some’ se, in fact, consumption is less.” The Iron Age composite prices are unchansed this week, pig iron re- muining at $19.29 per ton and lead- ing finished steel products at 2.389 cents per pound. a5 mode n by th o steel g in hate The is due rolling ning of HOLD 33,000 SHARES. Van Sweringens Not Yet in Con- trol of Pere Marquette R. R. NEW YORK, July 17.—E. chairman of the Pere Maraue id yesterday st of Ciev r(,-(nr"‘d to have acquired a large block of the road’s stock, had sub- mitted no proposition to the executive mmittee relative to a change in the 4 afairs Ithough the Van & reported to hold Pera Marquette sringe eringens are shares of aid, “we of 'their of the hold direct- this amount, Of course, be held for okers.” ctivities ransier Looks company show that they Iy only ocae-third of roughly. 32,000 shares dditiona may | them by bankers and & STEEL ORDERS Iifl;ROVE. NEW YORK, July 17.—fOrders for tons of steel. re- 3 Ly the American Company sub ¥y of the States Steel Corporation, in- 00 tons for Tnion League b building in Chicago. BUYS TWO NEV’I PLANTS. Compans the plan Products land the George Ind EARNS $464 PER SHARE W YORK, July 17.—Otis Ele- ator Company earned net income of 51 64 in the first half of 1924, equal after preferred dividends to $4.64 a share on the $50 value com mon ock outstanding, again: [ 31,488,769, or $9.09 a share on the $100 par ‘value common in the same period of 1923. CLOTH PRICES ADVANCE. NEW YORK, July 17 (Special) The market for cotton cloths was quiet today but there was a firm undertone to trading and prices ad- vanced slightly for some descrip- tions. Standard print cloths were quoted at § cents for 64 by 60s and 10 cents for 68 b The raw silk market showed little activity, either here or in Yokohama and prices were about unchanged, al- | though extra ang best No. 1 recorded gains of 5 cents a pound from Wed- nesday’s figures. BOND ISSUE ALLOWED. The. Missouri-Kansas-Texas. Rail- road Company today received author- ity from the Interstate Commerce Commission to issue $4,750,000 of 6 per cent secured gold notes and to pledge $6,100.000 of prior lien mort- gage 6 per cent gold bonds as col- lateral securit: —_— West E& M (4).. 6216 625 Wheel & L Erie . 124 11% Wheel & L Er pf. 24 23 Wh Eag Ol (2) 23% 23% White Mot (4). 66 65% wWickwire Sp Sti . 1% 1% Wilson & Co. 8% 8% Willys-Over 8 8 8 Wiliys-Overvf... 674 67% 67% Woolworth n (3). 109 ums 107% Worthingn Pump. 26 26% W PDEE (6. 68 88 68 Wright Aero (1). 11% 12 11% Wrig W Jr (3). 88 38% 3% Yellow Cab (5)... 52 62 62 Youngst S&T (5). 65% 65% 654 {Partly extrs. 3Payable in preferred stock. Dividead rates as given in” the spore tabie are the sonual cash payments baved on the latest quarterly or half-yearly declarations. Unless otherwise noted, exira or special dividends are ot included. s reported to have bought of the Massey Conerete rporation e post Co., & & 23% 23% 65% 1% 8% 8 7% 108% 25% €8 12 Received by Private Wire FOREIGN. Bales. High. Low. Close, 10 92% %d 102% 102% 98% 924 100% 100% 105 1027% 105 104% 110% 110% 2l 85 81% 94% Argentine ¢5°37.. irgnmlno Ts. Austria 7 Rolgium 7% Belgium 8s. Canada 5s 1926, Canada 6s 1931. . Canada 55 1952, Canada 5%s 192! Chile 81 1941 Chile 85 1946 5 Chinese Gov Ry 5s. Copenhagen 63s. Cub; L 107 Uzechoslovakia Ss. 16 Danlsh Munic 8s B. 2 Denmark 6s. . 3 Dutch B 1 5%s. 19 DEI5%sct 53 Dutch Kast 1 6847 14 Dutch East I s'6: ElBalvador 8s ‘48. Finlund s £ 68 1945 Framerican 7%s. . ¥French Govt 7%s French Govt § Haiti 6s. .. Japanese 4s. . . Japanese Ist 4%3. Jupanese 6%s Jergens U M Gs' Lyon 6s Marsellle 6s. Mexico 4s assented Mexico s assented Monteviaco s Netherlands 6s ' Netherlands 63 Norway 68 1943 Norway 65 1952, Norway 8a.... Orient Dev deb 68, Paris-Ly's-Med 6s. Porto Algere 8s. .. Prague 7%as. . Queensland 6s Queen R0 de tio de Jun 88 1947. Rio Gr Do Sul 88 sao Paulo City 8s. a0 Faulo State & Seire Dept of 7s... Serbs Crutes Slo 85 2 Soissons 6s. . 5 Swiss 614y 1946. . { Swiss Confed 8s, Tokls bs. Ca Kingm Ud Kingm 548 37107 Steam Copen 65 1 20 Urug-iay 8s 10 104% 101% MISCELLANEOUS. AJax Rubber aa... 54 Am AcrChem3s.. 3 96% Aw Agr Chem 723 21 8 AmChainsf6£33. 8 944 Am Cotton Oil 55. . P Am Repub deb Am Smit&R st 5. Am SmIt&R 6s. . Am Sug ref b AmT & Tolir 4a. AmT&Teltrs |Am T & T deb51zs {AmMT & Tev bs. Ain Water Wks 5s. | Anaconda 15t Anacond 8312 96ty TN abtal S0 "0 4l s our of Del 54z ted 01 6s. . : Retin 53 s fss. Bell Tel Pa 53 Betn Steel pm 53. Beih Steel Beth Beth Steel s { 6s Braden Copper 63. Brier H St 1st 5les Bklyn Ed gen 3s.. 10 Bklyn Edison 7D 18 Bklyn Union G 5s.. 1 Bush T Bldg 53 's0. “alif Pete 63s. |Can Gen El deb 6s. 1 | Central Leatoer 33 26 | Chile Copper & CinG&E Col Gas & E Col Gus & F Commonwth P 6 Con Coal Md 1s Consumers Po Cuba Cane cv Cuba Canecvd 8s Cuban-Am Sug 8s. Dery (DG) Ts.. Det idison ref 63 fu Font de N Buquesne Light 6s 48 | Eist Cuba Su Empire G& i"isk Rubber 8 | Gen Elec deh 5a. .. Gen Refractres 63 Goodr: Goodyear 8 1331, Goodyear 3 1941. Horshey | Humble O, | [liinols Beit 1st 3s. | tllinois Steel 433s. Indiana Steel bs int Mer Marine Iuter Paper 5s'47.. 2 KCP&L1SS AT, 45 Kan @ & 1 6s Kayser (J) 7s. Kelly-Spring & Lackawa S 5350 Liggett & Myrs Lorillard (P) 5s. Magma COp cv is.. Manati Sug el 7iz3 Marland O1l 7 Mariand Oil 85 '31. Mexican Petrol 8s. Midvale Steel 53 Montana Power Morris&Co 1st 4 New Eng Tel 5s.... Y Edsn 15t 6%z, G L H&P ds.. N Y Tel 4%s X N ¥ Tal 63 '41. ¥ Tel 6549, orta Am L3d 68 North am Ed L or States Pow 5s. or States Pow 6s. Nortawst B Tel 7s. 2 Otis Steel T34s. . Ous Steel 83 Pacific Gas & Ei bs 18 Pacific T & T 5s'52 Phila Coref 65 A.. Phil & Rdg C&15s. Pierce-Arrow §s.. Pierce Oil deb 8s.. Public Service 5. . Pub Serv Elec 6 Punta Alegre 7s Sinclair Oil 6%s Sinclair Oil 73 Sin Crude Oil 5% Sin Crude Oil 6s. .. Sin Pipe Line bs.. South Bell Tel 5s.. Southwest Bell 6. Steel & Tube 7s... Sug Est Orient 7s. Tenn Elec Pow 6s. Tide Wat Oil 6%s. Toledo Edn 1s Union Bag & P b3 U S Rub Istri 5s. U S Rubber T%s... 13 USSteel sf6s. .. 24 Utah Pow & Ltds. 1 Va-Car Chem 3 va-Car Ch 1%s w. Vertientes Sug 7s. Warner Sug 7s ‘41 Western Elec 68 Western Union 6% Westinghouse 7 Willys-Ov 63#°33. Wileon & Co 1st 6s. Wilson & Co cv 6s. Winchester A 7343. Youngsin 8& T 6 . COSDEN QUITS POST. NEW YORK, July 17.—J. S. Cosden, president of Cosden & Co., has ten- dered his resignation to the board of directors. His successor is expected to -be Jacob France of Baltimore, a vice president. pa 103t% 103 100 100 3655 104 26 2 89 3 97% 1081 964 82% 103 10414 o2k €3 82 94y 102 98 111% 8% t8 89 50 101% ¥59 2 ki 4 4 10 40 98 89 50 28 9% I ON NEW YORK BONDS STOCK EXCHAN SE Direct to The Star Office. (Sales are in $1,000.) UNITED STATES BONDS. :Fractions vepresent tnirty-seconds Exampl means 101 3-32) High. Low. Close. 59 101-14 10112 101=12 « 116 10%2 101-30 10130 493 101-17 101-13 101-14 Lib 2%, Lib 1at Lib2d 4%s Lib3d 4. Lib 4th 4% s 523 102-5 101-31 10: US4%s1952. 423 104-23 104-19 104-20 RAILROADS. Bales. High. Low. Close. 6 B3% 83% b3i% 35 90% 90% 90% 1 91% 91% 9l% 53 99% 9% 21 8T% BT 38 89% 89% 50 B5% B854 44 102% 102% .55 101 100% 14 8% - 13 99% 2 6813 *1 110% 58 113% 114% 81 984 101% 88% Atchison adj 4s Atchison gen 4s Atlantic C L 1st o > o ] 5 5 o B3 ) L] BKIRT7s '2lctst. 2 BUft R&Pitt 4%s. . Canad North 6%s. Canad North 7s. Canad Pac deb s Car Clinch & O bs. Car Clinch & O 6s Central Pacific 4s. Ches&Ocv i Clies & O gn 4%, Ches & Ohio cv bs. Chi & Alton 3s.... 3 Chi & Alton 3%s.. 31 Chi B&Q gn 45 '58. 1 Chi B&Q Ist rf 5s.. 28 Chi& E 11l gn 5s. . Chi Great West 43, 73 CM& PugetSd4s. | Chi M & St P 48 '25. 94 Chi M&St P 43 '34.. 17 CM&StPab4s... 7 Chi M&StPev4iks 14 Chi 3 &bl?rl’(l,s a2 M&StPevis. 49 3 7 5 4 5 90 6 3 89t 100% 0% B5% 5aiy 79% 0% 52% [ Chi& N W 7a. Chi Rys 6s ChiRT& Prf4s. ChiTH & SE ChiUn Sta 4%s... Chi Union Sta 35. . ChiUn Sta 634m. ... Chi & W Ind cn 4s. & StLss. &StLrf Cleve Term 58 Colo & Sou 4% Del & HA 1st rf Del & Hudson 5 Den & Rio G cn D & Rio G imp 5. D& RG1strf5s.. Det United 4%s. . | tention. Erie 1st con 4s. Erle gen 4s.... je conv 4s A. ie conv 4s B. 1e conv 4s D) 3r Trunk &f db fs. irand Trunk cat North gen ir North gen 7s... 18 Hud & Man ref 53. tlud & Man aj §s.. o0 1 'l Centralrefds.. 1 11l Centrai 5izs. ... 7 Int Rap Tran 6s...217 int Rap TrSsstpd 174 Int Rap Tran 6s. Int Rap Tran 7s.. 2 Int & G Nor 1st 63 | int & G Norajes.. lowa Cent rf 4s. 7t 49 Kan City Ft 8 Kansas City Kansas City S 5 Kan City Term 4s Lake Shore 45 °28. . Lehigh Vailey fs. Long Island rf 4s Louis & NBs D .. Louis & Nash 5%s. | Manhat Ry cn 4s | Market StRy 7 Mil Bl Ry & Liss.. M & St L 1st ref 4; MStP & 5 M St & S MK & T Isi & MK&T4s B. MK & T adj 5 MK&TprinssA. 32 MK&TosC. 20 Mo Pacific gn 4s.. 303 Mo Pacific 58 '63 Mo Pacific 6s. 26 i Nassau E Ry 455 N OTex & ol in 3s. N Y Cent gen N Y Cent deb 43 |N Y CentriSs. N Y Centdebss... St Ldebds M NY NYC&StLosa New Haven d 43 '57 35 New Havencd 63, 92 New Haven .49 NYOnt& Wretds 5 New York Ry ri 4s NYRyrfdsc New York Ry aj s 13 N Y Rysad) ds ¢ N Y Siate Ry 413, N Y W & Bosdlzs. 42 Norfolk & W cn 4s. Norfolk & W cv 63 Northern Pac is Nortaern Pac ¢s. Northern Pacbs 1. Nortarn Pacriés. OreShort Liref 4s. Ore-Wash 18t 1f 43 Pennsyl gen 4%s. Pennsyl gen 5: Pennsyl 633s. Pennsyl goid 7s... Peoria & K inc 4s 1’ere Marq 1st 6s.. 933 102 i10% loyk | 3% | T Reading gen 4s. Reading gn 438s. . Rio G West cl ¢s.. KIATk &L 4%s.. StLIM&S 4s°29. . St L IM&S R&G is.127 StLasSFplis StL&S Fprinbs StL&SFolksD. StLé& S Fad)bs StL&S ¥ inc SIL&SFplésC. StLS W con 4332 5t & KCShi 4%s. St P Un Dep 5%s.. San A & Arn P ds.. Scab'd A L 4ssta.. Seabd A Liref 4s.. 2 Seab'd A Ladj 5s.. Seab'd A L con & Sou Pacific 48 Sou Pacific ref 4 Southern Ry gn 43. Southern Ry 1st bs Southern Ry 6s ct. Southern Ry 6% sou Ry Mobile 4 Third Ave ref 4s. Third Ave adj 8s.. 117 Union Paclstds... 3 Union Pac Istrtis 6 Union Pacific 48°27 11 Union.Pac 1st r£ 63 19 Virginla Ry 1st 5s. 43 VaRy&Plstbs.. 6 93% Wabash 1st6s.... 9100% 100% Wabash 2d b . 5 93% u3ts Western Md 4s. 108 3% 63% Western Pacific 58 33 59 auk West Shore 1st 4s. 2 334 827 Whel& LETf 48 10 654 65% Wisconsin Cent 4s. 14 3ls 5l% DAIRY PRICES UNCHANGED. NEW YORK, July 17.—Butter— steady; receipts, 19.525. Creamery, | and dar extras (92 score), 403 Eggs—8teady: receipts 29,013 cases. Nearby and nearby western henmery whites, irsts to extras, 33a39. <, . D. REED, Elected chairman of the national women's committee of the American Institute of Banking. CHICAGO GRAIN PRICES. CHICAGO, July 17.—With Winnipeg wheat market up and with in Canada apparently receiving wheat av 4 hig today during the £o experts in C severe crop da Saskatoon it in a lur rain price here dealings trom that whe phed roundir failure an but littic a mod rat erics and t s | openi ptember 10.60 trade very slow: fly lower: kill- eid at 1104 m 1050 to lower; best 435: " bulk “feeders I: early ; culls | (Spe- 1.00a beets, - [ Montreat 10; ce. bushel, dred, 50: peppers, 1 ; &pinach. bushel, 1.5 “rthubarb, hundred, hundred, 1.00a 531.00; tomatoes, barr cherries quart, bushel black- quart 0a1.00; peaches, melon hundred, antaloupes, crate, 1.00a raspberries, pint, 10al ttling Prices on Grain. 2 red winter, spot, nter, garlic sarlic of 1.05 to goes on grade No. per bushel. Car- garlicky, 0. 4, 1.231; . new, 5.00 per barrel for nd 4.85 per barrel for white; 3, . vellow, N, 0. 2 white, . new, 641; | s. The local s supplied with boih grades and kinds as the move- old hay has been so slug- gish that dealers have refrained from encouraging shipment of new hay. The poorer qualities of grassy, weedy mixed hay are particularly » dispose_of. amply hard timothy, 25.00; No. z 1 No. 1 clover mi clovers 21.0 5 Straw — No. 1 straight rye, 00 per ton; No. 1 tangled rye. 1800 a20.00; No. 1 wheat, 1 oat, DAIRY PRODUCTS. BALTIMORE, Md, July 17 clal).—Live Spring ens 4 leghorns, old hens, : leghorns, old, o0ld roosters, ducks, 15a18; duchs, : pigeon 0a; Eggs—Native. and ases). dozen, (Spe- hick- spring south- Buiter—Creamery. food to fancy, nearby. creamery, 3ba dies, 50a % process butter, 34 | is holding its annu iples, | * | mand .00a | § DISTRICT WOMAN BANKER HONORED |Mrs. Helena D. Reed Made Chairman of Important In- stitute Committee. BY CHAS. P, SHAEFFER. Mrs. Helena Doscy Reed of this city) was this morning elected chairman of the National Women’s Committce of the American Institute of Banking —the highest office the association | has to offer women. The election was | held in Baltimore. where the institute conclave. The National Women's Committen, thrnul;h its 12 members, comprising 1 from each Federal Reserve District, urges the study and €encourages ens rollment in the classes of the insti-y tute for the better understandin g of the principles of manking among women throughout the Upited States. This naturally increasés their value to their respective institutions, qualifirg them for more positiona and, through committ and chapter vities, acquaints them with cach other and with opportunities for ade vancen, Mrs dy carved quite for herself in s, She was made firt women's con shington Chapter of 5o the first womiun with election to its t e has filled the role of ceretary to 1L G 1d of the Commercial honored provid % D Wora bor & not yet depos have the o who urday | feature | to the iand cones ilding and t Museum wili observe la y for the guests, and will be held at t 7 to 11 o'clock. ‘Ine leave late in the eve- Buile which Allan i . this morning de r quarteriy div per cent the of president su = wed tna { co: »a tinancial cor | ait LIVE POULTRY LOWER. CHICAGO, = | fowls. 16a2 | ers, 14 LABOR qHORTAGI’Z DENIED 17_(Spe- Councit check Toes to notices there is Pouliry 28a34; broi roos outh that ations furnished by W. I Nominal gold value. L. 45665 100 Qu and doliar . franc franc mark EeaE fran drachma peseta . mark. . crown London N . July 17.—Foreign ex changes irregular. Quotations (in United States dollars): Great Britain demand, 4 ; cables, 4.371e; 60-day bil 1.34%. France, de cables, .0509. Italy, d mand, .0430%; cables .0430%. Be! gium. demand, .04511.; cables Gernrany, demand (per trillion), .237 Holland, demand, .3784. Norway, de mand, .1343. Sweden, demand. .265% Denmark, demand, .1616. Switzerland demand, .1815. Spain, demand .1327. Greece, demand, Poland, dc mand, .00191;,. Czechoslovakia, de- mand 6. Jugoslav: deman 0118 stria, demand, 0000141 Rumania, demand, .0045. Argentina demand, 25. Brazil, _demand 0975. Tokio, demand, .41%. Montreal. 99 1-16. SHOR’LTERM SECUBITIES (Quotations furnished by Bedmond & Coo) —Noon. — Bid. 103 .t 997 Vederal Sugar Rtel. Fisher Body Corp 6s 19 Fisher Bo