Evening Star Newspaper, July 31, 1924, Page 28

FINANCIAL. MOTORS MOVE LP | Gasoline Selling — (AN ) FARINES AFTERLONGLUL Show More Signs of Life on Studebaker Report—U. S. Steel Is Strong. BY STUART P. WEST. Epecial Dispatch to The Star. NEW YORK. July 31.—Under the lsad of United States Steel common, American Can and Baldwin Locomo- tive today’s stock market gathered fresh strength and prices generally were at their highest for the current movement. The cumulative effect of such bullish factors as the Steel Cor- poration’s dividend action and sur- prisingly good second quarter earn- ings and the optimistic references to business made by Judge Gary and George F. Baker was exerting a high- 1y favorable influence. The disposi- tion to take profits was not so ap- parent, and the market broke away from the uncertainty which was re- flected in the price movement of the previous day. Studebaker Moves Up. Steel common was within only striking distance of its high mark for the year. It is regarded as a 7 per cent dividend paver, although still on only a regular $5 basis. American Can, selling ex-dividend, advanced to a new high, and Baldwin Locorhotive was at its best for the present move. General Electric and Studebaker also made new 1424 records. United Fruit surpassed its further high to the ac- companiment of the recurrent of a prospective stock American Woolen, United t iron Pipe, Philadelphia and Reading, Coal and Iron and the most active issues among the independent steels, the motors and the oils were all active and strong The upturn in the independent steel shares, along with the sharp advance United States Steel common, was helped by more f e reports from the steel following the announcement contained in the mid- week reviews that improvement has been noted in saveral directions. Re- i Steel had a particu- up, and Gulf States, efeld, Bethlehem and Cruci- t ahead. Many Motors More Activ Studebaker's performance was at- tended by an advance in Chandler wel 0oss the 50 level. in Maxwell Mo tors issues, in the Pierce-Arrow Hudson Motors, and in Mack Trucks, the leader of the motor truck shares. The Studebaker report for the June quarter and for the full s months disclosed that in the second three months net profits amounted to $4.- 030.010, equal after charges and serves’ and quiremen the six months the = yrofits equaled 33 share on present out- . This report ible for t7: better tone of the entire motor group Late Quotations Highest. The high prices on the Stock Ex- change were reached in the after- noon. Activity was confined chiefly to the industrial shares. Railway shares were comparative! neglected. The remarkable advance in the leading in- dustrials like Steel Common. Ameri- can Can, Baldwin Locomotive and General Electric carried those stocks and many other favorites to fresh heights MAREKET CLOSES STRONG. New Records Made in Day’s Last- Hour Trading. By the Associated Press. NEW YORK, July 31.—Stock prices | eurged upward today on a broad buy- ing movement, which carried many pivotal industrials, rail, department store, public utility and specialty ctocks to new 1924 high records. Motor shares rallied sharply following a favorable earning report by Studebaker. Sales approximated 1,100,000 shares. The clo: was strong. New high records continued to be marked up in the late afternoon. General Electric climbing 4 points to 260%, Pere Mar- quette, 4% to 63, and Associated Dry Good Poiats to 109%. ns of 1 to0 5 points were recorded by various specialties, ding Fleischmann, Corn Products pt National Lead HOG PRICES TUMBLE; RECENT GAINS GONE 8pecial Dispatch to The Star. CHICAGO, July 31.—A sharp reac- tion in the hog market today took off a large share of recent advances. Declines generally were from 50a75 cents, compared with Wednesday, but the top at $10 showed the extreme de- cline of $1. The left-over supply of 18,040 coupled with the fresh run was too liberal in the face of re- duced orders. Light butchers reached the limit of $10, while good to choice heavy butchers sold at $9.40a $9.60." Packing sows cleared around .50, SHORT-TERM SECURITIES. (Quotations turnisbed by Redmond & Co.) —Noon.— Bid. Ofter. 105 10y 127 4 1143 10314 iom 1003, L Alominum Co. of Amer. Aluminum Co. of Amer. American Sugar 65 19 American Tel. & Tel Apaconda Copper 65 1 ‘Anglo-American_0il Associated Oil 6s 19357, 1 Tel. of Ca s 102 & St Paul 6s 1934 . R. I & Pac. 5lzs 1926.. Colum. Gas & Elec. 1st' 55 1927 Du Pont Tis 1951.".... Federal Sugar Ref. s 1933 Fisher Body Corp. 6s 1927 Fisher Body Corp. 6s 1 Tidewated Oil 6k%s 1931 Taion Tank Car 75 1930. . §. Rubber 74 1930, Western Unian 6i4s 1986.. .0 1 Westinghouse E. & ). 7s 1031. ‘Wheeling Steel 66 1926, DIVIDENDS. Pe- Corporation. riod. Rate. American Tob.... Q $3.00 do. pt B .. $3.00 Buff, Roch & Pitts. §-A" 2% do. pf.......... SA 3% Cuil, Mill & Lum- ber ... Col Fuel & Tron Pay- Stock of able. Record. Sept 1 Aug 9 Bept15 Aug 9 Aug 15 Aug 9 Lug 15 Aug 9 Aug 7T Xug 11 Aug 20 8 Aug 15 Aug 25 Sept 15 ] $ia 2.4 3 Aug 13 Sept 1 Sept 1 C & £ Aug Ligrett &M Tob. Aug 15 Aug 15 wl NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Adams Exp (6).. | Adv Hum pf (3). | Afr Reduct (4) Ajax Rubber. Alaska Juneau Allied Chm pt (7). AN e -C M pt (7). Am Agricul Chm. AmAgr Chempt Am Bosch. ., Am Can (16)..... AmCanpt (7).. Am Car & Fy(12) Am Chicle. . Am Drug Synd.. Am Express (¢ Am & F £ 250(7) Am For P f pd(T) Am Hide & Lea. Am Hide & L pt. . AmlIce (T5...... Am Internatt, ... Am LaF F E(1). Am Linseed. .... Am Linseed pf.. Am Locomo (8). Am Loco pt (7). Am Metal pf (7). Am Radiater (4) Am Republics. ... Am Ship & Com. Am Sm & Re (5). Am Snuff (12)... Am St Fays (3) Am Sugar....... Am Sugar pf (7). Am Sumat Tob. . AmT& Tel (9).. AmTel & Te rts. Am Tobac (12). . Am Tob B (12).. Am Tob pt (6).. #m Water Wi Am Woolen (7). Am Wool pt (7). Am Writ Pap pf. Am Zincpf..... Anaconda. s Arm pf Del (7).. Asso Dry G (5). Asso Of) (1%)... AtT&SFo (6).. AT&SFpt (5). Atl Birm & At... Atl Coast i (18). AtGulf & WI... AtGult & W Ipt Atlan Ref (4)... Atlan Ref pf (7). Austin-Nichols. Bald Loco (7). Ba! & Ohio (5) Bal & Oh pf (4). Barnsdall A. Barnsdall B. Baruk Cigar. Bayuk Ist pf (7 Beth Steel. . . Booth Fisheries. . Br Edison (8). Prk-Man Tran.. Br Man T pf (6). BrklynUnG (4) Burns Br (10). Burns BrB (2).. Butte C & Zinc... Butze&Superior Butterick Co. ... Caddo CenO & R. Cal Packing (6). Cal Pet (1%)... Cailahan 7 Lead. Calu & Ariz (2).. Canada So (5) “acific (10). nt Teather Co. CenRib M (2).... Cerro de Pasco(4) Chand Mot (6).. Ches & Ohio (4).. Ch & East 1l pt.. Chic Gt West. . .. Chic Gt West pf.. Ch Mil & St Paul. Ch Mil & §t P pf. Chi & Nwn (4).... Chiz R & Pac. CRI&PDf(6).. CRI&PDS (1). Chi Yellow C (4). Chile Cop (2%).. Chino Copper. . .. CC&StL (5. oca-Cola (7)... Colo Fuel & Iron. Colo Southern. ... Col So 1st pf (4) . Col Carbon (4).. ColG & E (2.80).. Com Solv A (4).. Com Solv B. . Congoleum (3)... Conley Tin Foil. . Consol Cigar-. . “on Cigars pf( Consol Gas (5) Consol Textile. .. ContCan (4).-... Cont Motors (20¢) Corn Products. .. Corn Pr Rpf (7). Cosilen Co....... Crucible St (4) .. Cub Am Sug (3).. Cuban Cane Sug. Cub Cane Su pf. . Cub Dom Sug pf.. Cuyamel Fr (4).. Dan! Boone M (3} Davidson Chem. . Del & Hud (9)... DelL& W (6)... Det151Co (8)... Dome Mines (2)... Doug-Pectin (1). Dul So Sh & Atl. . DuPtda N (8)... DuPdeNdb (G). Eastmar. (163). El Stor Bat (4).. End-John (5) . End-John pf (7) Erie . Erie 1st pf. Erie 2d pf. A Exch Buffet (2).. Fairbanks (2.60).. Famous P1(8)... Famous P1 pt (8). FdM&SPL(D.. Fifth Av B (64c). Fisk Rubber. ... Fisk Rubpf A. .. Fleischman (3%). Foundation (6).. Freeport-Texas. . Gen Am T C 3).. Gen Asphalt. Gen Baking (6) - Gen Cigar (8)... General Elec (8).. Gen El spe (600). Gen Mot (1.20) Gen Mot pf (6).. Gen Mot db (6) .. Gen Mot pf n(7). Gen Petm (2)- Gen Refrac (2) Gimbel Bros. Glidden Co. . Gold Dust. Gt North D! Gr Nor Ore (3)... Grt Wstn Su (8). Gt West S pf (7). Gr Canan Cop- - Guantan Sugar. .. Gulf Mo & Nor. .. Gu Mo & N pt (5) Gulf St§tl (6).... Haruman Co (47. Hayes Wh'l (3).. Househ'd Pr (3). Houston Oll. . ... Hud Mot C (3)... Hupp Mot C (1. Hydraulic Steel. . Tilinota Cent (7). S-A age Arms Cor e Oct 1 . 8 Nov 13 Q 50c Sept15 1%% Sept 1 Sept 15 Nov 1 Aug 16 Aug 15 . RAIL EARNINGS IMPROVE. Net operating income of 51 class 1 railroads for June totaled $52.981,000, an increase of 9.40 per cent over the previous month. but a decrease of . 16.8 per cent under June, 1923. Gross carnings aggregated $369,025.000, de of -14.4 per-cent, compared e last year, S 1 do. 2d pf. 1 8 0 of Calif ‘White & C P Faa &% | I Cent pI (6) ... Indiahoma Ref. Indep Oil (1) Indian Refining. . Inger R (128). Inland Stl (z:% ). Inspirztion Cop.. Interb Rap Tr... Internat Ag ne Internat Ag pf... Int Bus Ma (8). Int Cement (4) Int Com Eng (2). Internat Har(5) . Open. High. 86 10% 9% 9% 14 78% 1163 55% 98 15% au 28% 126 116% 172 22% 4% i 118% 107% 106% 10% 59% 914 24% n 21% 42 80% 1204 112 107 39 12 70% 150 37% % 89% 9% 125% 4% 150 148 105 4 117% 61% % % 41% 42% 109% 89 2566 11% 14% 6 86% 96% 444 34% 53% 10% 39% 14% 22% 9 b5% 5 67% 30 91 107% 17% % 20% 0% T4% 3% 86% 84% 70 27% 13 Int Mer Marine.., - 1% 102% 5 29% 36% 89% 109% 28% 1047 93% 204 184% 16% 20% 86 110% 24% 121% 634 61 20% 4% 44 ¢ 255 Low. 86 40% 79 8% 1% 78 16% [ 98 15% 4% 28% 12¢ 116 172 225 4% 18% 106 105% 9% 584 Nk 23% 1 21 41% 79% 1204 112 106% 39 11 894 4% 3T 6% 89% 9% 124% 4 1494 18 105 113% 6 102% 5 29% 64 894 105% 28% 104% 93 24 133% 15% 19% 84k 1104 24 119% 625% 60% 19% 14% 4 97 4a3n 4 115 4% 10% 18 747 0% 5 56% 6% 88% 121% 27% 55% 31% 14% 64k 45 56% 11 58% 120% 129% 107% 15 1% 2% 128 89% 109 87% 62% 108 334 40 38% 22% 26% 85% 97% 46% 11% 8 50 61% 1% 9 41% 42% 109% 89 1% 14% 86 864 96 43% 34% 53% 10 39% 145% 22% 9 54% 3 67 80 89% 107% 16% 7 20 0% 4% Close. 86 40% 79% 9% 1% 78% 116% 55 98 15% i1 28% 125% 118% 172 22% 4 118% 107% 106% 10% 594 9 23% 11 21 1% 80 120% 112 107 39 11 0% 149 8% 4 89% 9% 125 4% 149% 18 105 113% % 102% 5 29% 864 893 109 28% 104% 98% 2% 134% 161 204 86 110% 24 121% 634 605 20% 14% 44 97 “u L 115 27% 70% 68% 110 26% 5% 18% 19% < 1% 85% 22% 3% 51% 55 148% 74% 70% 5% 56% 6% 34% 123 27% 56% 324 14% 647% 45% 57 11% 59% 122 131 107% 16% 1% 2% 129% 89% 109% 68% 62% 108 34% 41% 3% 23% 26%% 864 97y 46% 11 8% 50 62% 3% 9% 42% 42% 109% 89 260 1% 14% 86 864 963 44 34y 55 10 40% % 23 79 béw 5 67 30% 1% 107% 16% 7 20% 0% 76 37% 86% 36% 0% Int Mer Mar pf... Internat Nickel. . Internat Paper. Int Pap pf st (: IntRysofCA.... Int T& T (6) Invincible Ol Jones Bros Tea. .. Jordan Mot (3). KC P&L 1st (7). Kan City South .. KanC8opt (4).. Kayser Jul & Co Kayser pt (8). Kelly Spr Tire. . . Kelly Springtd pf. Kelsey Whl (6). Kels Whpt (7).. Kenne Cop (7). Keokuk & Des M. Kevstone T & K. . Kinney G R Co.... Kresge Dept Stor Laclede Gas (7). Leh Val (33). Lig & Myrs (3).. Lig & Mvrs B (3; Lima Loco {4) Loews Inc (2) Lorrillard 3). Louts & N'sh (6) MeCroryB($1.60) . Mcintyre (75¢). Mackay Cos (7). Mack Cos pf (4. Mack Trucks (6) Mack T 1st (7) .. Magma Copper. . Maliinson & Co. Man EI Sup (4) ... Man El modgtd 4 Manhat Shirt (3) MKt St Ry pr pt. Maracaibo Oil Marland Oil. ..... Martin Parry (3) Mathieson Alkali Maxwell Mot A.. Maxwell Mot B. May Dot St (5). Metro Ed pf (7). Mex Seaboard(2). Miami Cop (2). Middle StOll. ... Midl'd Prod pf(8) inn & St Louis. Mis Kan & Tex. Mis K & Tex pf. . Missour! Pacific Missour! Pac pf.. Mont Power (4). Montgom Ward. on Mot (3)... Mother Lode 75c. Nask Mot (1814). Nash & Chat (7). Nat Biscuit (3). Nat Datrs (3) ND S 1etpf (7). Nat En & St. Nat Lead (8).... Nat Lead pf (7). Nat Supply (3). Nev Cons Cop. NewO, T&M 1231 N Y Afr Br (4). NYABraA®@.. N Y Canners (2) . N Y Central (7). N Y C&StL (6). Ny CAStL pf (6). NY NH & Hart.. N Y Ont & West Norf & W (18) North Anier (2) North Am pt (3). North Pac (5).. Oh FSup (2% Okla Pr & Ref Onyx Hosiery. Orpheum (1% Otis Steel . Otis Steel pf Owens Bot (3)... Pacific Develp PacG & E (8). Pacific Ofl (2) Packard (1.20). Packard of (7). Pac Te! & Teleg Pan Amer (4) Pan Amer B (4} Parish & B stpd Park & Tilford. PennC&C (4). Penn Railr'd (3). Penn Seab Steel... Peop Gas Ch (7). Pere Marq (4) Pere Mar pf (5).. Pere M prpf (5). Phila Co (4) Phila&R&T. Phila & R&I ct: Phil Mor (50c} . Phillips Jones. Phillips Pet (2). Plerce-Arrow. . Plerce-Arrow pt P-Ar prpf (8) Plerce Oil. Pierce Oil pt. Pitts Toal (4) ... Pitts Ut pf $1.20. Pts U pf ctfs 1.20 Pitts & west Va Postum Cer (4). Press StIC (4). PressSCpf (7).. Prod & Refiners. Pub Ser N J (4) Punta Al Su (5) Pure Oil (1%) Ry Stl Spg (8). Ray Cons Cop Reacing (4)... Reading rts. Read Ist pt (V.. Read 24 pf (2)... Reraington Type. Rem T 1st pf (7) Remington 2d(8). Replogle Steel Rep Ir & Steel. Reynolds Sp (1). Rey Tob B (3) Rey Tob pf (7). Rossia Ins A (). Roy D'tch (3.46).. St Josepn Ld (2). St L San Fran St L-San Frpf. St L Southwes! StLS'thpf (5).. Santa Cecilia. . Savage Arms.... Schulte (8)...... Seaboard Alr L. Seab’d Air Lipf. Sears-Roeb'k (6). Seneca Copper. Shattuck-Ariz Shell Un O1l (1 Simmons Co (1) Simme Pet Sinclair Ofl....... Sinclair Oil pf (8). Skelly Ol . Sloss-Sheff (6). So P Rico Su (6) South Pac (6). .. Southern Ry (5). South Ry pf (5).. Spicer Mfg. .. . 2td Gas & E1 3). St Ot Cal (2). StONNJ (). StOINJIpt (D.. Std Plate G1(75¢) Sterling Pr (4. . - Stewart-War (5) Stromberg C (8). Studebaker (4).. Submarine Boat.. Superior Ol Sweets Co of Am. Tenn C&Ch Texas Co (3). Tex GuIf (16% ). Texas & Pacific. Tex&PacC&O. Third Avenue. ... Tide Wat Ofl (4) Timken (13%).. Tob Prod (6). Tob Prod-A (7). Transcont Oil. Underwood (3) Un Pacific (10). Un Tank Car (5). Utd Alloy Steel... Utd Clgar Stores. Gtd Fruit (10)... 210 211 Utd Ry Invest.... Gtd Ry Invest pf. U S Cast Iron P.. Open. High. 836% 18% 54% 74 14% T6% 12% 22% 27% 97 227 54% 22% 82% 15% 47 92 108 464 % 21 4% 56% 29 51w 59% 59% 63 16% 87% 98% 100% 15% 114 661 9154 102% 324 22% 45% 46% 35 45% 30 31% 34 40 52% 12% 91 94 100 59 794 50% 51 52% 13 63 36 11 324 3% 2 27 58 13% 13% 53% 42 9% 99% 12% 48 17% 74% 120 95 42 29% 24% 51 43% 69 2% 63% 126% 16% 81% 104 2% % 16% 26% 13% 17% 833 18% 65% 4% 95% 64% 5% 12% 36 8% 35% 118% 324 61% B2% 62 87% % B4 64% 93 5% 38% 142 116% 23 584 18% 36% 18% b4n 73 u 76% 12% 22% 2% 97 22% 54% 21% 81 15% 47 92 108 46% % 24 8% 56% 99 50% 59% 59% 63 16% 874 9T% 15% 114 16% 26 17 66% 64% 12 86 68 85% 118% 31% 61% 52% 62 87% 9% 4 2 84 40 2% 31% 10 13% 126w 84% 64% 92% 5% &4 38% 38% 142% 141% 116% 116% 28 23 53% 534 10% 13% 126% 85 65 93 18% 18 Low. Close. 87% 18% 56% 74 " 6% 13 22% 29% 97 22% b4% 21% 81 15% 47 93 106 46% % 2% 3% 58% 50% 60 53% 63% 38% 9% % 2 8% 40% 2% 83 10% 13% 126% B34% 65 92% 5% 38% 141% 116% 23 53% 210 211 18 50% 50% 50 60 USInd AlPf(7).108 108 103 108 100% 98% 99% U8 Distributing..- 20%: 27 - 20%z3T% | Paris, | Rome. WASHINGTON, INLIVELY TRADING Liberty Loans Hold at Recent Levels—Foreign Group in Fractional Moves. BY GEORGE T. HUGHES. Special Dispateh to The “rar. NEW YORK, July 31.—Trading in bonds again proceeded today at a moderate pace. Dealers were in- clined to emphasize the present aver- age high level and to show increased caution in their purchases. On the other hand there was not the slight- est sign of any stiffening in money rates or was there anything except a moderate reaction anywhere in bonds. Liberties were mostly firm around the previous closing. There was more activity in the speculative than in the investment group. Tht leaders here were the Brooklyn ~ Manhattan Transit s, Which crossed 82 under heavy sales to a new high record. For the 12 months ending June 30 last the cor- poration reports a surplus after all charges of nearly $5,000,000 out of a total income of about $11,750,000, Interborough issues were active and higher. Detroit United 4%s jumped more than 2 points. Profit taking continued in_ the speculative ralls, notably New York, Westchester and Boston 4%s. Inter- national Great Northern adjustments were steady around 55 and Erie issues exhibited strength. There was little improvement in the St. Paul list. Chesapeake and Ohio convert- € 58 were very active in sy with the stock. el Only fractional changes appeared in most quotations for foreign bonds. Belgians 7Tlzs were a little higher, and in the South American group the Bolivia $§s maintained yesterday's 507 tn the day's new offerings, the $2.- 000.000 Borden Milk first 6s, at 98, were promptly sold. Merger Talk Helps Trading. By the Associated Press. NEW YORK, July 31.—Bond prices again turned upward in today's early trading, with an active demand for speculative rail issues and various public utility and industrial liens. Reports of progress made in nego- tiations for consolidations of the Erie with the enlarged “Nickel Plate” system promoted accumulation _of Brie bonds, the convertible 4s “B” advancing a point. St. Paul issues rebounded a point or so, making_ up most of vesterday's loss, and New Haven, Interborough, and other local traction liens scored similar gains. American Water Works 5s jumped 212 points as this company's com- mon stock reached a new high level for the year. elads o C. & 0. AND ATLANTIC COAST LINE IMPROVE NEW YORK. July 31.—Several car- | riers reporting earnings for June yes- terday showed actual gains in net over the corresponding month a year ago, bul in the majority of cases, both gra%s and net fell substantially behind the level of June, 1923 Among the reports conspicuous for their improvement over a year ago were those of the Burlington, the Loufsville and Nashville, the Mis- souri Pacific, the Chesapeake and Ohjo and Atlantic Coast Line. Reports received yesterday included the following: Chesapeake and Ohio. June gross...... $§ Net oper. income 6 mos, gross. ... | Net oper. i Atlantic Coast Line. June gross . $6,167,081 Net oper. income 869,251 6 mos. gross.... 44,782 Net oper. income 10,707, LT = FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co) 1 Selling checks today. 4.40% 983 43.525.787 10,193,354 London, pound Montreal dota franc Brussels, franc Berlin, mark . tira *. franc . dract . peseta crown . crown erown Zurich, By the Associated Press. NEW YORK, July 31.—Foreign ex- changes irregular. Quotations (in United States dollars)—Great Britain, ! demand, 4.39%; cables, 4.401; 60-day bills on banks, mand, .0498% demand. .043%; cables, .04321. gium, demand, .0454%" cables, Germany, demand per trillion, Z Holland, demand, .3818. Norway, de- mand, .1354. Sweden, demand, .2661; Denmark, demand, .1608; Switzerland, demand, .1860; Spain, demand, .1333. Greece, demand, .0173. Poland, de- mand, .0019%. ~Czechoslovakia, de- mand, .0296. Jugoslavia, demand, 0119%. Austria, demand, .000014%. Rumania demand, .0044. Argentina, demand, .3300. ~ Brazil, demand, .0985. Tokyo, demand, .41%. 'Montreal, .99%. Are You a Sucker? Too many Deople put their money in day dreams and wake up broke, Never put your name on the dotted line until you have inquired of eo! one in your bank what he know: about some. stock issue that is of- tered to you privately. — 4.36%. France, cables, .0499%. de- Italy, Bel 23 Distrib pf (7) 110 21% 1% 96 102 31% 82% 80% 45% 105% 122% 80% 28 24% 2 1% 65 6% 16% 4“ 14% 15% 110 22 24 97 102 2% 83n 80% 45% 107% 122% 8l 28 25 z 1% 110 21% 71 96 102 31% 82% 30% % 122“ 80% 27 245% 2 1% 65 6 16% “ 14% 15% 41% 87% 17 113 19 21% 7 643 115 22 24 119 22 1% 97 102 324 83% 30% 45 107% 1324 81% 27% 245% 2 1% 66 6 15% “y 15 v USR let pt (%), U 8 Smelting..... . USSm'tpf (3%) U S Steel (16) U S Steel ot (7). Utah Copper (4). Utah Securities. . ‘Vanadrum Corp.. Va-Caro Chem... Va-Caro Chem B. Va Ry & Power.. Vivadou.. Wald Sys (1%) .. Web & Helld (1). Welis Far (2%). West Pen (3) ... t (7) West El pf LA orthingn 3'}...;:.:5(». right Aero (1). Whew G Yellow Cab (8)... 52% Youngat S&T (6). 68 Note—Bond ticker wire trouble last 15 minutes of market. (Sales are in $1,000.) UNITED STATES thirty - seconds. (Fractions represent Exam, Sales. High. Lib 3%s. Liblst 4%s. Lib2d4%s Lib3d ¢%s Lib 4th 4% US#%s1952 - 1602 10: - 1388 10 Low. ple: 98-3 means 95 3-32.) Close. 63 101-14 10112 10112 100 102-16 102-11 102+11 888 101-29 101-23 101-25 - 557 102-20 10217 102-20 8 102-14 10214 105-18 105-20 FOREIGN. Sales. 1 106 1 50 38 80 35 28 63 31 1 36 12 10 6 18 9 6 Argentine bs. Argentine 6s Argentine 7s Austria 7s. . Belgium 6s Belgium 7%s. Belgium 8s Bolivia 8s. Bordeaux 6s. Brazil Ts. Brazil T%s Brazil 8s. Canada 5s 1926. Canada 5s 1931. Canada 5s 1952.. CZnada 5%s 1929. Chile 75 1943 Chile 85 1926 Chile 85 1941 © Chilc $s 1946 1 Chinese Gov Ry 5s 11 Christianiass..... 1 Copenhagen 5%s.. 5 Cuba 5%s.. 43 Czechoslovakia 8s. 3 Danish Munic 8s A. 1 Denmark 6s. 32 Denmark s 1 DutchET5%s.... 17 DEIGf%sct...... 68 Dutch East I 65 '47. 24 Dutch East I 6562 30 Elsalvador 8s "48.. 1 Finland s £ 65 1945. 6 Framerican 7%s.. 20 French Govt 7%s..116 French Govt 8s. . ..108 Halti 6s. 5 Holland-Am 1 Hungary 6%s 31 Italy 6%s 1926.. .. 14 Japanese 4s..... : ] Japanese 2d 4%s.. 1 Japanese 61%s 177 Jergens'U M 6847, 20 Lyons6s..... 53 Marsellld 6s. @ Mexico 4s assented 3 Montevideo 7s.... 2 Netherlands 65 '54. 89 Netherlands 6s " Norway 65 1943 Norway 6s 1952 . Orient Dev deb 6s.. Paris-Ly’'s-Med és. Prague 7is Queensland 6s... .. Rio de Jan 8s 1946. Riode Jan 8s 1947. Rio Gr Do Sul 8s. .. Sao Paulo City 8s. . Sao Paulo State 8s. Seine Dept. of s Serbs Crotes Slo 8s Soissons 6s. ... Swiss 5145 1946, Swiss Confed 8s... 13 Tokiobs. ... 5 Ud Kingm 5%s°37.124 Zurich§e......... 1 Bigh. 82 94 102% 93% 100% 108 108% 934 86 85 99% 96% 101% 101% 102% 103% 98 108% 108 106% 47% 110 9% 96% 98% 109% 99 110 904 89% 5% 95% 101% 87 93% 100% 102% 89% 76% 87% 100% 9% 97% 9% 79% 86 86 16% 89% 98%, 97% 97% 97% 85% 9% £8% 101% 95% 94% 97 97% 99% 90% 85% 844 96% 114% 62 104% 1097 Low. 82 93% 102% 93% 100% 107% 106% 93 85% 84 99% 96% 101% 101% 102% 103% 98 103% 107 108% 47% 110 944 96ls 98% 109% 98% 110 90 89 95% 95% 101% £6% 93% 99% 102% 89% 76% 87% 100% 9% 97% 1% 9% 85% 854% 16 89% 93% 967 97% 9T% 85 8% 88% 101% 95% 944 964 97% 954 89% 854 844 96% 114 623 104% 105% MISCELLANEOUS, Ajax RubberSs... 3 Am AgrChem 7i4s 35 AmChainsf6s'33. 3 Am Repubdebés.. 3 Am SmIt&R 1st 5s. 9 AmSmIt&R6s... 8 Am Sug ref 6s .19 AmT& Tecltris..111 Am T&Tcltrbs... 15 AmT & Tdeb5%s. 30 AmT& Tecvbs. 5 Am Water Wks 5s. 44 Am Writ Paper 6s. 5 Anaconda 1st6s... 56 Anaconda cv db 7s. 36 Armour & Co 4%s. 16 Armour of Del 5125 20 Associated Oil 6s.. 35 Atlantic Refin5s.. 2 Barnsdallsf8s... Bell Tel Pa 55 Beth Steel pm 5s. . Beth Steel rf 5s.. .. Beth Steel 5128 '53. Beth Steel s £ 6s Bklyn Ed gen 58 Bklyn Edison 7s D. Bush T Bldg 5s '60. 10 Calif Pete 6%s.... 28 Central Leather 55 S Chile Copper 6s CinG & E5%s : Col Gas & EL 5s. . ... Col Gas & El 5s sta. Commonwth P 6s Con Coal Md 1st 5s. Consumers Pow 5s. Cuba Cane cv 7s 30 Cuba Cane cv d 8s. Denver Gas o Du Pontde N 7% Duquesne Light 6s Est Cuba Sug 73%s. Empire G&F T%4s.. Fisk Rubber s Francis Sug 7%s Gen Elec deb 5s. Goodrich 634s. . Goodyear 8s 1931 Goodyear 8s 1341 Hershey 6s 1942 Humble O&R 5%s. Illinois Bell 1st 5s. Indiana Stcel 5s Int Mer Marine 6s. Inter Paper 58'47.. Kan G & El 6s'52.. Keyser (J) Ts. . Kelly-Spring 8s. Lackawa S 5s '50 Liggett & Myrs 5s. Lorillard (P) 5s. Lorillard (P) 78... Magma Cop cv 7s.. Mexican Petrol 8s. Midvale Steel 5s. . . Montana Power 5s. Mor's&Co 1st 4%s. New Eng Tel 5s.. .. N Y Eden 1st 6%s.. 11 NYG EL H&P 4s. 6 NYG EL H&P 5s. N Y Tel 4%s. N Y Tel 68’41 N Y Tel 65’49 North Am Ed North Am Ed 6 NorOhlo T&L 6s.. 2 Nor States Pow 55. 6 Northwst B Tel 7s. 16 Pacific Gas & E15s. 1 Pac Tel & Telbs... 1 Pacific T& T 5s'52 9 Pan-Amer Pete 7s. 3 Phila. Coref 6s A.. 18 Pierce-Arrow 8s... 37 Plerce Oil deb8s... 6 Public Service 5s.. 76 Pub Serv Elec 6s.. 17 Punta Alegre7s... 3 Saks & Cosf7s.... 10 Sinclair Q11 6%s... 7 Sinclair Oil 7s..... 12 Sin Crude Oil 5%s. 2 Sin Crude Oil 6s. 13 Sin Pipe Line §s... 15 South Bell Tel 5s 2 Southwest Bell 5s. 43 Steel & Tube 7s.... 1 Sug EstOrient 7s.. 2 Tenn Elec Pow 6s.. 4 Toledo Edn 1st 7s.. 10 Unit Drug cv 8s... USRub st rf5s.., U S Rubber 7%s. U S Smelter 6s. U S Steel 8 £ 5t 3 Utah Pow & Lt 6s.. Va-CarChem 7s... 6 'Va.CarCh 7%ssw 1 Vertientes Sug 7s. 2 Warner Sug 7s'39. 3 Warner Sug 7s’41. 1 ‘Western Elec §s.... ‘West'n Union 6%s. 3 ‘Westinghouse 7s.. 12 Wickwire Spen 7s. 8 Willys-Ov 6%s°33. 18 Wilson & Co 1st 6s. 18 Wilson& Cocvés. 2 Winchester A 7%s. Youngstn 8& T-6s. 3} sl ommem e o @ PP DU Tt e TS L. 24 Y. 14 58 91% 9474 924 9% 106 101% 97% 87% s1% G 92% 94% 105% 101% 975 102 102% 2 101% 101% 101% Close. 82 93% 102% 93% 100% 107% 106% 93 86 84% 9% 96% 101% 101% 102% 103% 98 103% 108 106% 47% 110 4% 96% 9814 109% 99 110 90% 89Y% 95% 95% 101% 87 83% 1007 103% 89% 6% 875% 100% 9% 97% 1% 79% 86 86 16% 894 98% 97 7% 97% 85 79% 8% 101% 95% 943 . 96% 7% 99% 90% 854 843 96Y% 1144 . &0, INESHGHEN [~ BOND D. C, THURSDAY, JULY 31, 1924. Direct to The Star Office. RAILROADS. Bales. High. Ann Arbor 4 62 Atchison gen 4s. AtlanticC Ll ¢s Buff R & Pitt 43%s. Canad North 6%s. . Canada North 7 Canad Pac deb 4s. . Car Clinch & O 6s.. Centof Ga 5%s.... Central Pacific 4s.. Ches & G cv 4%s. Ches & O gn 4%s. Ches & Ohio cv 58 Chi & Alton 3s. Chi & Alton 3% Chi B&Q gn 4s 5! Chi B&Q 1st rt 5 CB&Q-Ill 3%s. CB&Q-IllAivds. Chi & E 111 gn 5s. Chi Great West 4 ChiM & St P 4s°25. Chi M&St P 45 '34.. CM&StPdb4s... Chi M&SL P rf 414s. Chi M & St P cv 5s. ChiM &St Pés Chi Rys bs. . 5 Chi R1& P gn 4s ChiRI&Prf4s... ChiTH&SE 6s. ChiUn Sta 4%s. ... Chi Unfon Sta 5s. ... ChiUn Sta 6%s.... Chi & W Ind cn 4s. CCC&StLS5s..... CCC&StLrf6sA. Cleve Term 5s..... Cleve Term 5%s. .. Colo & Sou 4%s. ... Del & Hd 1st rf & Del & Hudson 5%s Den & Rio G cn 4s. D&RG1strf5s... Erie 1st con 4s.... 235 Eric gen 4s. -89 Erieconv4sA..... 54 Erjeconv4sB..... 21 Erieconv4sD.....182 Erie con ext 7s. 1 Erie & Jersey6s.. 1 Gr Trunk sf db 6s.. Grand Trunk 7s. Great North 5s. Gr North gen 5%s. Gr North gen 7s. GreenB & Wdb B. Havana ERL&P 58 Hud & Man ref 5s.. Hud & Man aj 5s... 38 11l Central ref 4s 111 Central 53s. ... Int Rap Tran 5s... 89 Int Rap Tr 5s stpd.152 Int Rap Tran 6s. Int Rap Tran7s Int & G Nor 1st 6s.. Int & G Noraj 6s Iowa Cent 1st 5s Kansas City S 3s. Kansas City §5s.. Kan City Term 4s.. Lake Shore 45 °28. . Lake Shore 4s "31.. Lehigh Valley 65 Long Island rf 4s.. Louis & N uni 4s .. Louis & N 5sB. Louis & Nash 5 Louis & Nash Ts. Manhat Ry cn 4s.. Market StRy 7s... MilEIRy&L5s. .. M&StLrfex5s... M StP & SSM 6%s.. MK & T 1st 4s.. K& Tadj5s....145 MK&TprinssA. 25 Mo Pacific gn ds... 75 Mo Pacific 55 '65... 15 Mo Pacific6s...... 18 Nassau E Ry 1 N Y Cent cn 4s°'95.. 19 N YCentdebds... 2 NYCentriss.....31 ‘Cent deb 6s.... 26 en LS cl33s. 10 i&SL5ks. 9 NYC&StL6SA.. 5§ 33 w Havencd 6s.. 45 w Haven 7s w Haven 7s fr N YOnt& W ref és 10 New York Ry rf 4s. 94 N Y Ry rf 4sctfs.. 119 New York Ry aj 55.103 Y Rysadjdsct.. 38 Y W & Bos 4%s. 71 Norfolk & Wen4s. 2 Norfolk & W cv 6s. 22 orthern Pac3s... 1 Northern Pac ¢s... 11 Northern Pac5sD. 1 Northern Pacriés 6 Ore Short L ref 4s.126 Ore-Wash 1strf 4s 16 Pennsyl gen 4%s.. 7 Pennsyl gen 5s Pennsyl 63s. Pennsyl gold 7s. Peoria & E inc 4s.. Perc Marq 1st 5s... 20 Reading gen 4s. Reading gn 4%s... Rio G West Ist 4s.. Rio G West cl 4s. 5 RIArk &L 4%s. St L IM&S 45°29... 52 StL&SFpl4sA.. 33 StL&SFoprinbs. 13 StL&SF5%sD.. 68 StL&SF adj6s... 25 StL&SFinc6s...176 StL&SFpl6sC.. 5 StLS Wconds'32. 3 StP & KCShL 4%s. 11 StPUnDepb5%s.. 7 SanA&ArnPds.. 7 Seab'd AL 4ssta.. 6 Seab'd AL ref 4s.. 14 Seab'd A L adj 5s.. 81 Seab'd A Licon 6s.. 39 Sou Pacific 45°29.. 36 Sou Pacificctl 4s.. 2 Sou Paclfic ref 4; 7 Southern Ry gn 4s. 38 Southern Ry 1st 55 4 Southern Ry s ct.. 19 Third Averef4s... & Third Ave adj 5s. .. 39 TolStL& W ds.... 41 Union Pac 1st4s... 6 Union Pacistrf4s 1 Union Pac 1strf 55 6 Virginia Ry stbs.. 14 ‘Wabash 1st 5s. 9 Wabash 2455..... 8 Western Md 4s.... 12 Western Pacific 5s. 22 Wheel & LEcnds. 1 Whel & LETf 4%s 3 Wikes-B&E 1st 6 924 6315 kT 69% 64% 64% Low. 62 102% 109% 99% 8 68% 81% 88% 15% 115 81 1024 99% 88% 95% 88% 101 62% 40% 89% 100% 82% 90% 72 55% 9 74% 54 614 544 59% 1004 8% 83% 815% 79% 92% 101 116% 77 95% 103% 100 1054 89% 90 101% 78 43% 7% 63 64 644 75 1073% 5 101% 106% 115 94 101 109% 103% 110% 109% 35% 97% 947% 93 8215 0% 83 92 1% 86% 93% 8% 72 102% 5% 80 1003 7% 724 b7% 65% 83% 97% 85% 90t 744 101% 101% 59% 544 834% 93% BT 106 56% 100% 9214 63% 91 69% 641 64% —— EX-DIVIDEND TABLE. t tion. S Si Noctolk & West 2d) pf Jaly 31—The Pullman Co. July 31—Punta Alegre Sugar. July 31_Stewart Warner Corp. Aug. 1—Amer Bank Note.. AGE: Y"Amer La ¥ Fire Engine Aug. 1—Amer W Wks & EI 1st pf. Aug. 1—_do part pf. Aug. 1—Buras Bros ¢l Aug. 1— _do class B. Aug. 1—Gulf M & N pf Aug. 1—Iliinois Central R R. Aug. 1—do pf series A. Aug. 1—Intertype Corp. Aug. 1—Iron Products pf. Aug. 1—Melntyre Porcupine Mines. £ et T . 1—Pe: ANk ITPis & West ¥ Aug. 1—Sinclair Cons Ofl Aug.’ L. 1—West Pean Co 7% DI temp. S STOCK EXCHANGE Close. 62 90% 86 99% 87% 90 86 102% 100% 9% 85 687 82% 89 115% 116 81 102% 997 88% 95% 88% 100% 624 40% £9% 100% 82% 0% 72 55% 79 4% 54 62 54% 59% 100% 78% 84% 81% 80 92% 101 u7 7% 954 104 100% 105% 894 90 101% 8 43% 734 64% 65 65 76% 107% jals0; FINANC Below 12 Cents In Omaha, Nebr. By the Associated Press. OMAHA. July 31— Sinclair, Standard and Nicholas Oil Com- panies, cut the retail price of gasoline here yesterday from 15 to 13 cents. A municipal station and one other has been selling at 13 cents, while another has been as Tow as 11% cents. COTTONSELLS OFF ON RAIN REPORTS Breaks 60 Points in Early Trading, But Closes Up 77 Points. By the Associated Press. NEW YORK, July 31.—The cotton market again came under the In- fluence of rain news from the South- west today and after opening barely steady at declines of 20 to 46 points, broke to 27.65 for October, and 27.00 for December. This represented a arop of 55 to 60 points under the previous close. Liquidation appeared in consider- able volume and was supplemented by a little hedge selling and pres- sure from local traders who believed the Southwest drought was about +to be relieved by general rains. Practi- cally all the private cp reports thus far issued have indifated improve- | ment in condition for the month, not- | withstanding _complaints of dry! weather in Texas and Oklahoma. Aggressive bull support later was re- sumed, with which purchases for Wall street ‘and Western accounts drove Oc- tober contracts up to 25.68 and Decem- | ber to 27.92, or more than 100 points from the lowest of the day and about 40 points over last night's close. The | market appeared to be completely sold out and responded readily to bull op- | erations. Cotton futures closed strong. 212 27118 28.00a27.78; December, Opening: 27.2 20" March, 21.30; May, 0. Jaguary, offered. ew Orleans Market Also Off. W ORLEANS, La, July 3L—The cotton market opencd lower mainly | on reports of good rains in west and | north Texas. Liverpool, after start-| ing better, was lower than due when American markets opened. First | trades in the local market showed losses of 30 to 47 points and soon after the opening call October traded | down to 26.85 and December to 26.82 | or 55 and 50 points, respectively, be- low the previous close Cotton futures closed steady at et advance of 64 to 66 points. T Opening: Ortober. 25.95: December. 28.85: cuars, 26.85 bid. March, 26.96 bid; May £ bid —_— GRAIN AND PROVISIONS. BALTIMORE, Md.. July 31 (Sp cial).—Potatoes, new, barrel, 75a2.2 bushel, 63a75; beans, bushel, 75a1.33; beets, per 100, 3.0024.00; sweet pota- toes, barrel. 12.00212.50; cabbage, per 100, '3.0026.00; carrots. per 100, 3.00a 5.00; corn, dozen, 15235: celery, bunch, | 50a1.00: cucumbers, basket, 75a8; eggplant. crate, 1.5023.00; lima beans, | bushel. 50a4. lettuce. bushel, 50a 1.00; peppers, basket, 1.00al.25; peas, 7521.00; bushe: 1.50a2.06; spinach, basket. 1.00al.25 squash, basket, 85a 90; tomatoes, basket, 1.00a1.50. Apples. barrel, 1.00a3.50: bushel, 50 | blackberries, quart, 10al5:| uckelberries, quart, plums, asket. 40a65; peaches. el 1.50a ; melons, per 100, 00; can- taloupes, crate, 75 pineapples, crate, 1.50a3.50. Settling Prices on Grain. Wheat 0. 2 red Winter, .43%; 2 red Winter, 3 3 red Winter, spot. garlicky, garlicky, Sales—None. Corn—Cob, new, 5.50 per barrel for | ellow and 5.35 per barrel for white 0. 2 corn, spot, 1.0 tatton 0. 3 white, | | 90a1.01; No. 2 spot, 1.03%. Hay—Receipts. 11 tons. The de- mand is fair for top grades of old | timothy hay. This class of hay re- ceipts are only moderate: medium and poorer grades are in free supply and prices are irregular for poor unde- sirable stock. New hay is beginning to arrive, but in irregular condition Quotations—No. 1 timothy, : No. 2. 24.00a25.00; No. 3. 2 o. 1 light clover, mixed, 2 light clover, mixed, No. 1 clover, mixed, 23.50a24.00; clover, 20.00a22.00; sample grade, 18 221.00, Straw—No. 1 wheat, new, 12.00a 13.00; No. 1 oats, new, 11.00a12.00. S DAIRY PRODUCTS. BALTIMORE, Md. July 31 (Spe- cial).—Live poultry—Spring chickens, pound, 28a35; Leghorns, 25a30; old hens, 18a25; Leghorns, old, 18a20; old roosters, 15; ducks, 15a18; spring ducks, 20a23; pigeons, pair, 25a35. Eggs—Loss off; native and nearby, firsts, dozen, 27; Southern, 26. Butter—Creamery, good to fancy, pound, 4; prints, 39%a4ld; nearby creamer: store packed, process butter, 34a35. —_— BOSTON STOCK MARKET. BOSTON. July 31.—Following is a list of today's’ highest, lowest and closing prices for the most :ctive 7 . PO g 0 assagist U. 8. TREASURY CERTIFICATES (Quotations furnished by Redmond & Co.) stocks dealt in here: Am Tel & Tel Am Tel & Tel Amoskeag .. Arcadian Cons . Boston & Albany Boston & Maine . Boston-Elevated Calu & Ariz - Calu & Hecla . Conaor 3T . pper Range East Butte East Mass . Eastern § § Edison Elec Hardy Coal Isiand Creek Isle Rorale . Libby, McNeil, & Libby. Mass Gas .. Mayfower O Mohawk HsEag.uungas FEFFESR JEE 3 aa:é FETEE SR E 5% Bl @ RRE SETNEB L NB 0B 5 North Butte . 0ld_Colony Pacific Mills uincy . eece But H St Mary's Land Swift & Co Swift Internat SRB8.. g 35a37; ladles, 30a32; | 3 | cows, IAL. AT NEW ALY TP $10,000,000 Better Than Year Ago—Local Exchange Dull—Other Timely News. BY CHAS. P. SHAEFFER. Clearings of local banking institu- tions made a new high record for the month, closing today, with a total of $100,970,204 passing through the as- soclation, Charles E. Bright, manager, announced this morning. This betters by approximately $10,000,000 the $30,- 996,351 of exchanges in Ju year, the former peak for the month Today’s reported sum, however, lacks about $3,000,000 of approaching clearings for June, this vear. whick established the peak of all time for monthly clearings. June always marks the heaviest disbursement of local funds, caused primarily by income tax payments, dividend disbursements and depletion of bank deposite to cut down the taxable total on which the intan- gible tax is levied For the year to date approximately 677,000,000 has been recorded check exchanges, this amount being about $30,000,000 in advance of the first seven months of last year. A new yearly total is thus assured f 1924, In 1923 the vear’s total ex- changes amounted to $1,102,138,974. L. R. Steel Stores Get Started. Steel's Consolidated, Inc., United States and Stec! Limited, in Canada, store organization growth of the forme: store a realty enterprises, sued its first consolidated sheet showing total assets of 59.62, with no acc able, and only $35333.33 liabilities consisting of 13 nents on real estate n 1924. Except for capital liab: on; other liability is $1,! Trepresenting mortgages pr purchase agreements covering a period of years. The new consolidated companies began business operations w real properties occupied by ch stores; six real properties held as vestments and 20 leaseholds, of 15 are now occupied by Steel's C: solidated stores Walter M. Wilkins, president of the in the e first in stores 1 exceed $3,000,000. The actual ori- al cost of estate and buildings was almost $4,000,000. North American’s Earnings. The North American Company offering $10.000,000 of preferred to stoekholders at par. < 6 per cent cumulative and is of $30 par value. In its latest nowed $19,085, pa treasury. The compan been engaged upon a large expansion program in recent years. In a report of sarrnings as of May 31 a_balance .000 was shown cluding tion. or about eight times i requirements on the preferred then outstanding and more than times dividend requirements on total amount to be outstanding after this additioral issue. Local Exchange Quiet. dullest trading of the d on the Washington Stock Exchange this morning. Transactions wyre restrioted to utilities, at un- nged to weaker prices Traction 5s _sold at 95%, with Gas 5s pegged at 95. Railway 4s changed hands at 74, with Gas s sefling at par and a half. Capital Traction was the only stock traded in, 29 shares selling off a quarter point at 95 Business Slump Seasonal. While June witnessed a further slowing down in the business in the fifth federal reserve district. the crease was moderate and littie than seasonal. it was stated monthly review just issued by Richmond Federal Reserve Ba No additional weak spots were no- ticed and conditions in the coal znd re- ronth Local Chapter” Florence Willer, new agent for the local can Institute of B: called attention to the atta honors by the local delega recent convention of he na in Balimore. These i pointment of Mr: the ch woman's con of James C. Dulin, jr., on the natisnal publicity ¢ tee, and the award of first prize to T. Hunton Leith for the best pub effort during the last term Thompson on Vacation. Eugene E. Thompson, president of the local stock exchange, on a short business trip to New York ity. Honors. pub- chapter. g, today CHICAGO LIVE STOCK MARKET. CHICAGO, July 31 (United States Department of _Agriculture) —Hogs —Receipts, 35.000 head: moderat active; mostly 50 to 75 lower than Wednesday's average or 1.00 lower than yesterday's best prices: ligs weights show maximum dec: large receipts and light shipping mand; top 10.00: bulk good ana choice 150 to 240 pound averages, 9:50a10.00; desirable 260 to 300 pound butchers, ' 9.40a9.60; packing _sows, 8.25a8.50; better strong - weight slaughter pigs. 5.7529.00. Sheep—Receipts. 19.000 head: fat lambs, mostly steady; bulk. native, few to city butchers. 13.6 ome prime Washington lambs, 14.00; early bulk rangers, 18.50214.00; good to choice veariings, 11.00; odd 'lots sheep steady; feeding lambs, prospects at least stead Cattle—Receipts. 8,000 head: bet- ter grades beef steers and yearlings. steady to strong: spots higher; ac- tive shipping demand; top maturea steers, 11.65. average weight 1158 pounds; numerous loads fat vear- lings, around 10.75; lower grades steers, fat she stock. canners, cut- ters and bulls, dull: steady: veal calves, steady to 25 higher: packers paying up to 10.50 for tew choice calves; bulk fed steers and year- lings, 9.00a10.50; bulk fat grassy 3.75a5.00; liberal supply of lightweight canners, downward to 250 and below; few weighty bologna bulls upward to 5.00; bulk lLignt- weights, 3.7524.00; bulk best grades veal calves, 9.15a10.25; outsiders handplicking upward to '1L.00: little doing on stockers and feeders. o NEW 0DD-LOT METHOD ADOPTED IN BALTIMORE Special Dispatch to The Star. BALTIMORE, July 31.—The Balti- more Stock Exchange has announced the adoption of rules to govern odd- Jot trading in stocks listed on the New York Stock Exchange and invited applicants from any of its 87 mem- Bers who may desire to act as odd-lot specialists. An odd lot {s any num- ber of shares less than 100, FE S FAE ugh United Fruit United Shoe M United Shoe Mach pi U § Smelt pfd . Utah Metal. Ventura Oil Waitham _Match Warren Bros KANSAS CITY BEATS ALL WHEAT RECORDS By the Associated Press. 8 *ORERR 7h 55 21% 8 3T% iufit&%fl * Eoe KANSAS CITY, July 31—July re- ceipts of wheat here totaled 14,615 cars, about 19,750,000 bushels, and es- tablished a new high record, accord- ing to figures announced today by the secretary of the board of trade. The wheat was worth more than $30,000.000, This is a radical departure which is expected to greatly enlarge the busi- ness of the local exchange. It will give the public a chance to do its stock trading in Baltimore instead of through New York, and at the same prices. — RAW SILK ADVANCES. NEW YORK, July 31 (Special).— Marked strength appeared in the raw silk market today, prices rising from 15 to 25 cents a pound on the various grades of Japanese silk and on can- ton as well. Trading was active. Ir the cotton goods market, however. thirgs drifted along without much life and with few price changes. Print cioths were steady at 9% oents l‘nr’r by 60 and 10% cents for &8 by o 5