Evening Star Newspaper, August 17, 1924, Page 25

FINANCIAL, THE SUNDAY STAR, WASHINGTQN, D. C, AUGUST 17, 1924—PART 1. SINANCLAL, 30 STOCKS REACH s T v s INTEREST RATES 4 10190 99-3 101-28 98-22 Liberty 3%s 1932-47. .« 1017 101-1 336 9850 0%7 102310/ 9827 Liberty 1sU 48 1932-47. ... 102-13 102-13 10213 385 5 Week ending August 16, 1924, Net. Woek neine Augus ¢ 96-12 101-27 98-5 ILilerty 2d 4s 1927-4; 101-15 101-15 101-15 353 i . Low. Rate. s A " Ohee. A 1O e Gige. | 9920 96-20 102.17 $8-8 Liberty Ist 4%s 193247, 102-21 102-12 102-18 3 87 1 2 3% ) da - 88ty [ 2 Kresge Dept Stores...... 55% 53 54% 9910 96-24 101-31 98-4 Liberty 2d 4%s 1927-42.. 101-23 101-13 101-18 370 Rumley..... 12 Kresge Dept Stores pf. 95% 95 95% + 1% | 9918 97-25 102-22 99-8 Liberty 3d 41,5 1928..... 10218 102+14 102-168 3 57 2 Rvin e REmIe B o ot ak 39 Lenigh Vanes. crer 54% 5l 54% + 3% | 9920 96-27 98-8 Liberty 4th 415 1933-38.. 102-27 102-19 10226 3 87 Brisk Di d for Standard AlLReduotia e 9% 76% T9% Ligstttt & Myers. 62 59 162 10006 98-1 99-8 Treasury 415 1947-52... 106 105-23 105-30 887 | . risk Demand for s Ay Tubber : 5% Liggett & Myers () LR i S rev. week's Stight Downward Trend Mos! | Allied Chem . ) Lima LOCOMOtIVe. . ....... 61% 161% Hizh." Low. " High. Low. _ FOREIGN. Close. . Low. Last. | Industrials Makes Very a Allicd Chemical & Dye pf. 3 4 lslg Loew's, Incorporated. ...... 16% 16% 103% 100 103% 100% Argentine 7s 1927. 102% 102t 102% i Allis-Chalmer: . 3 4 Loose-Wiles Biscult. .. ... . 64t 69% 984 B3% 98 Ko Austriasfs1943. o ot 96% 97 Unusual for This Sea- AmAp,rl(ultmuLhnvlmul 3 15 2 Lorillard, P 37" asv 98% 93% 101 96% Belglum 6s1925.. i ¢ © 100% 100% Active Market. 5 Am Agriculture Chemical pr W 894 Louisville & Nashville J101% 98% 101% 93 1101 96% Belgium 7%s1945. emoneee HO 110 son of Year. A Americen Bect Sugar. A P 41% McCrory Stores. 95 91 109 97 Belgium 8s 1941 W Esabe 107% | . Maci e . 105% 9% 69 91 71 Bordeaux 6s 1934. 5 : : 90% - M.Z'n'i.fi‘if,l‘:u S 33% % 99k s; Sraslissman : i 97 13;;,;' BOND TR Mallingon & Co! 5 5 % 103% 99% Canada 58 e 2 2% Manhatian 1o upp! 5100 104 100% Canada5%s1929........... : 104 | ADING MYSTERY Manhattan Elevated gtd 10015 104 102% Chile 851926......... 7 3% 103% Manhattan Shirc. . S 5% 1004 109% 102 Chile 851941... % 104% 105% | = Maracaibo Oil 3 ' ¢ 100t 108 mz Chile 85 1946 : 5% 105% | Lively Speculation in 0ld German Market St Raliway prpf.... 38 391 Chinese Govt IRty 55 1851.. ..., " 471 : Marland Oil & Refining.. ... .. 861 Copenhagen 515 194 Ltk F1AT 96 War Issues Puzzling to Finan- Martin-Parry...... 4 83 3% Czechoslovakia 851951, ......... 100% | : Mathieson Alkali Denmark 651942, % 100% | cial World. Maxwell Motor, Class A. ! o 110% Maxwell Motor, Class B. May Department Stores. Mexican Seubourd. . Mexican Seabourd ctfs Miami Copper. Minneapolis & St L new. Mo Kan & Texas new. Mo Kan & Texas pt new Missour: Pacific. Missouri Paci Montana Power. Montgomery Ward Moon Motors. ... Mother Lode Coalition Munsingwear Nash Motor aéau I vasoue ! 4 227 387y 4 - American Bosch Magneto. .. 2T% U. S. STEEL TOUCHES 110{0m 5 i i % Founry. & 4 Ametican Car & Foundry. : e Coppers Gain for Seventh Day. el % 2 ;::“l(“]:l:‘hl:::;:\\ o L 6 4 93 Am & Foreign I’ ower 25% Truck Shares Strong—Oils i 5 4 ——— American Hide & Les l(lhu Am Hide & Leather pf. Issues Backward. 11 3 4 R 2 American Inter > Ameriean Li . Py the Associated Press, Y Am Locomotive (new) . NEW YORK, August 1 4 38" .\|||nr|L4l| Meta! = mounted to new high lev 6 in today's brief but activ session of the stock rket, which 4 % - 1\msh|hl\l was featnred by a brisk demand for| 69 3 Amer the standard industrial shares. Buy-| " 93 6 Am Smelt & Refining pf. was influenced by A 2 3 Amer n Steel Found that the allies and the 6 r Retining had re. a compromise | 1€ 2 ’ 7 Am Sugar Refining pf. agreement on the e E of H 6 Am Sumatra Tobacco. . Ruhr, by the more optimistic tone: of i 4 9 Am Telephone & the weekly mercantile reviews and the probability of u long period of ney rates, ‘] Y ater Works & I er W & Elpar pf.. B R [ S R I+ Dutch sesee Dutch 21 % 95 5 BY GEORGE T. HLGHES, Framerican Ind 1)»» T35 194200, 973 4 97 | Special Dispateh to The Star Holland-Amer! =: 2 | faster than the trade situation war Japanese 45 1931. viee 8D 2% ranted is @ mutter upon which tw 2 Japanese 615 1954. . opinions are possible. T i Jergens Utd Margarine 6 Rt e S mkora doim i Lyons 65 1934. 2 4 bonds are still behind mon arseilles 65 193 e The high point in the bond marke etherlands 6s 19 this summer was reached on July Norway 85 1940. when the average price of forty Paris-Lyons-Med §s 1958. . Rt e on Quecnsland 65 194 mestic corporation issues ws Queensland BT or or 1 Rio de Janeiro 8s 1945. s e : Paulo, State of, §51936.. ... 99% 9% | e ational Biscuit. . ... - ine, Dept of., 7. ....... St Nat Datry Products. : 6 4 2 31 Serbs Crotes Slovenes §319 kil Nat Department Stores. . . . . 3 6 weden 651939, ... outstanding feature afi the investmery Nat Enamel & Stamping wiss Confed s 1 85 1930, : DIEELeC e i veel nds Nat Enam & Stamp pt nited Kingdom 51 1929’ . % | Interest Trend Downward. National Lead. 98% United Kingdom 51ks 1937. ; S e A A\'lf':‘fl‘;‘fll:b“llq - INDUSTRIAL AND MISCELLANEOUS. is unchanged from a week ago. Gen o Sevada Con Copper . . Amer Agri Chemical 7155 1941 . . 7 erally on there is a di New York Al Brak : AmerSmel & Renl 1947, ¢ 4 tinet stiffening of ch his vear NY Air Brake Cluss A Amer Sugar Refining 65 1937. ... ems to be an ex In lone New York Canners. ....... s 27 28l Amer Tel & Telcl trds1929...... 97% 8 9 7% | particular the trend seems 1o b New York Central 109% Amer Tel & Tel ¢l tr 5s 1946 3 3 101% | downward rather than upward New York, Chi & St Louis. 110 111 Anaconda Copper 65 1953 o 984 | few transuctions In shory dated New York, Chi & StLpf. ... 89 189 Anaconda Copper cv det 8. % 100% | mereial paper of the h New Yorkvboch . 28 30% Armour & Co 415 1939 6 612 | were reported this we e e Aulantic Refinini deb 65 1937, 98% 99t 98% 99| eent. or lower than an New York, N H & Hart. by 27 Bell Tel ( ref5s 1948, . ....... 4 Y 100 | past ten NS e W e ah 3thlehem Steel p m 55 1936, .. .. 89 |(he. rate of the Ne i - Bethlehem Steel s f 65 1943, . .. " 5 | Reserve Bank a week resulted Norfolk Southern. 2 17% £ | Northfolk & Western. ...... 12843 125% Brookl i BISOnAsINIS10. in any inerease in rediscounts. On North American. ... . 2 26% b ‘entral Leather 55 1925......... 4 “|the contrary, thers has been a fa NogsEAmericannl 49 ¥ % . e prsmeine S {ing off from the preceding week, the Northern Pacific " 66in 6% ; § Cons Coal (Md) 15 ref 55 1950 e e e 7 o 4 Orpheum Circui 1913 3 Juba Cane Sug cv deb 851930, . .. : against $31.720,000. This is for total Qs Llevator (new)! €5 Detroit Edison ref fs 1940 4 4 g Otis Steel. ... .. 7% 3 ? % Du Pont de i gl dis : Owens Bl)ltle 43 4 % Empir 519 ‘ = comparison “‘Hh“ lh"\ s:rlm‘ Pacific Gas & Electric...... 96 " 3 4 Gene strikinz At tha Pacific Oil : : % 21; Goodrich (B F) 6 B 4 9 s 80 |:v Packard Motor Car. ar Tire 851931........... A Big)| ne peak was ull Packard Motor Car pf.. .. Tire 85 1941.... 8 | 1920 At mo time Pan-American Pet Trans. ] % eserve system was Am P Trans Class B. Indiana gteel 55 1952 T 2 | there Leen such a plett Park & Tilford. Inter Mer Marine 6s e credit Pennsylvania Rallroad. aper 5x B 1947.. ..., ... . Geovexmmentinondu s People’s Gas, Chicago pringfield 8x 1 2 i Peoria & Lastern. .. . Lackawanna Steel b e deTa Lo latest reports show that to P it of Zold In the United States c : 3 gust 1 were $4.517,4% Th i gnaie comenys Suring Juls was $95,757.052. ;:;‘illl.ilnfikfiel:gll;\fnc‘” the smallest increase for any month Blerea e R ETeid idos din the vear to date. and perhaps Plerce-Arrow pf. .. - . e b portends a slackeninz of the inflow Pierce-Arrow prior bf orth American Edison 6s 19 Howevesithdfimayiie: (e i Pierce Oil 2 E Pacific Gas & Elec 5s 19 TGIuatn L . Pierce Oil pf. Government onds Pt Pittsburgh Coal. changed on the werk. the only »120 Pittsburgh Utilities pf. lflfljs high record established heir — Llusburgh & W Virginia. inclair Oil 7. G 1041 | the Treasu 4 Postum Cerea!. inclair Crude Oil 51 = 152% | est maturity —— Pressed Steel Car. United Drug cv 8x 1941. ) 100" tist has been vers —— Pressed Steel Car pf 5 U'S Rubber 1st & ref 55 1947, .. 5 | aben 19 e LGORE —— Producers & Refiners. ...... *S Rubber 7155 1930. . 4 103 (4% | next financink o 4 Public Service new 4 8 8 5 1 - | RS & ~ 3 States Steel common re- umed its traditional role of bell wether of the market. duplic = its | s high of 110 and then slipping back to 109%, for a net gain of 1 oint on the day. American Can closed more than 2 points higher, at neN Dk iate ¢ Goods 15t Wwin touched 125 and then | ‘Q'::,‘.’f.;';f::,g Ev Govdol st =D e g il (new) Copper A Higher. Coppers provided seven of the day's| 0% 83 5 ‘Atchison Topek: new highs, althoy some of the 11.1'127 3 Atlantic Coast Line gains were 1. American Smelting | 34 215 4 Atlantic Gull & We: Ted this group with . net W oot | 160 s 78 Atlantic Refining. . nearly 11 points at 3%, Kennecott| 351 3 31 Austin Nicho: and M 1 beinz amons the others %3 13 Baldwin Locomotive 10 attain new peak prices. Shaves of | Baltimore & Ohio. motor comp engaged in o the | 607 Baltimore & Ohio pf. manufacture of trucks made the 1 showing in the autom, oup. = ruck s White G 2 40 Bircennut ns o new 2 5 : — Bethlche: Bethlehem Steel pf new. Iethlchem Steel, $% pf. Booth Fi 5 I e [ American s | L+t 1 1% 29 110 116 9% 37 55% 30% 22% 21 1325 P+ + iled to move :A;mmu;‘ | [a}mpun.. & risco pre (so broke through | "’“"“3“‘ Breol n Unio Burns Brothers. .. Bush Terminal Bld, es included Marine preferre 615 3 Butte C o & Zine Brookhyn Edison.| g7: Butte & Superior. . ated Dry | g3 4 4 Butterick Company . ndithe e 3 ifornia Packing : Lok 555 A ifornia etroleum (new) ’1. xas Gult Sulphu L Callahan Zine & Lead. 0il Shares Backward. 2 R Calumet & Arizona be 2 i 13 Calumet & He, : Canadian Pacify Central Leather Co. - Central Leather Co p “entral Railroad of N J e LI o T I S o I I B B o e e I e I ++++++\‘+I++++4l+|\+ - e Oils were rather American “B” losing a pc taking ational Lead point on r sales. T changes stiffencd model S lnruw Corrode Fasco Cotrer. trading w Demand | 50 sl e sterling 3 E it higher | ; : o L ne s Bhis around g French francs p apeake & Ohio f . ere quite active ar 70 cents, were quit tive around ) cent S EAltons some of the recent buying represent- B ing the transfers of funds from the ey United es to Canada for invest- | ment he £ the low interest rates i vrevailing her i The weekly clearing house state- ment showed inc es in most of the 714 g0 & Northwestern. principal items. Lox ounts and | 3 5 3 —— Chicago, R | & Pacifi investments advanced § 19,000, the 37 Chi, R 1 & Pacitic 67 reserve of membe in the| gz 7 Chicago R 1 & Paci Federal Reserve Bank, 000: net | 2 5 “hicago, St Paul Min & demand deposits. 5 nd time | a p *hi Yellow Cab. its, $11.1 in own| g 5 " pper. . vaults dropped $1.5712,000. Aggregate | 33z e e rescrve totaled 100,000, leaving Clev., Cin.. (h\&StL excess reserve of $27,960,000, an in-| g 75% Cluett-Peabody. . . . erease of $6.303,150. DAl StrectAndan: 5 Colorado Southern rning £ the Paige-Detroit ¢ : : 3 a Gus (new). Motor ar Company for the first half of this year were over five times the 2 ommerc dividend requirements for that period. 2 &:m:e,, After interest, depreciation, preferred i 5 : Stock dividends and retirements, but bt before federal . the net profits % 2 were $1.854 -qua 09 a share 3 Sonsoil Eatile ©f 740 par yalue. y Corn Products Refining... 22% Ithough the first half of 1924 was . t den Company .. o quiet in the anthracite coal trade, it le Steel. . . b4y was declared by officials of the coal 5 merican Sugar 3213 carrying railroads to h been the Cuba Can Sugar. first’ normal six mont ce before Cuba Cane Sugar pt. the war and to pro - the most Cuyamel Fruit. . prosperous Fall and Winter season | Daniel Boone Mills in several yea barring mild | Davison Chemical. weather. With favorable consuming weather they expect oon to be carry- ing capacity loads, and to continue at & more rapid pace than a year ago. La ¥ to Sell Plant. William T. Smith, a di A. Harriman & Co.. In Kip, vresident of the Manufacturing Company of Eridgeport, Conn., are now in France to complete the sale of the textile company’s Lyon plant. < iscontinue its Kuro- pean trade wit wile of its foreign plants, as the Bridzetort plant will be able to supply domestic need Mack Truck was bid up today to a new high level in its history. It was said the company would not do any financing this year because its earn- ings have been sufficienty large to supply it with all necessary working Fifth Avenue Bus. Sese 1155 capital. : & Fisk Rubber. 9 Asserting that ma loose state- & Jisk Rubber 1 i A58 ments have heen made about speculs > Fleishmann Company T tion in German securities, bankers who “oundation Company . s 8T specialized in these issues before the | Freeport-Texas. 2 8% war s=aid today that revaluation of eneral American Tank. ... 47 the national zovernment bonds would General Am Tank pf. D98y not take place until after the conclu- General Asphalt.. a7 sion of the London conference. A 1 General Asphait pf. ... . 85 per cent increaxe in valuation, it was General Baking. 134 said wo lift the present market | General Cigar. 88 value of the million-mark note from | General Electric. z . 276 $1,800 (0 §2.400. Proposals also have | General Motors 15 been made to pay 1 per cent interest on General Motors pf. . BT these bonds. General Motors 6% deb. ... g;m German Loan Months Away. General Motors 7% deb.. ... .. % VAl alooet ioaayitad) no B ihsite General Petroleum 42 General Refractories. 35 knowledze #s to when the expected simbell Brothers. 55 German loan mizht Le offered, but it i 10 whs rather generally thought that Gold Dust. 40% gdveral months mizht elapse before the = % Golawyn Pictures. 16 datails incidental to its offering could T (B Compeny . 24% he completely determined. In the Goodyear Tire & Rubber pt 57 guegutime, ShowEvar thelsinset cong Grauby Consolidated. 19% ceded that considerable time would be GrentNorthernprs s T e dsvoted to preparations. i S In the final ironing out of the dif- Great Western Sugar....... 89 ferences in Europe the general feel- Greene Cananea Copper.... 17% X ing is that a greater demand for Ameri- Gulf, Mobile & Northern.... 20% 19 20 can raw materials should develop. Gulf, Mobile & Northern pf 70% 68 Copper and cotton, largely, have been Gulf States Steel. % figuring in this potential inquiry and Hartman Corporation 37 37 reflection has been shown in shares af- Hayes Wheel . . . 35% 35 = fected by the former. 10% Virgiia-Carolina Chem. Homestake Mining a2 4 " Va-Car Chemical pf. .. (et Household Products, 85% 1344 o e 35“ e iy i boses $1E0,000,000 IN BONDS it : s e 7% 17% 10% — Wabash... Voroans FIND READY MARKET Hudson Motor Car. 27% 274% 12 Hupmobile Motor Car. 1¢ 13% CHO L e B s Sliceds Contoul ¢ e S 20° 1% 17% 14 1% Waldort System (new). By the Associated Press. NEW YORK, August 16.—A sudden upswing in, st prices after nearly ew England Tel 55 1 ¢ York Edison 15t 6§55 ELH& P 5s 1948, - .mm.;qu}..q 1 Pt ittt 1 4+ ++00++ Il“i 104 | indications now are Light > 9:- ury will be able to market its paper lat a new low since rolina Chem 1 v i "a-Carolina Chem 7 62% | War. Under these conditions a n: oC 38 33| 0 immediate pect of Wilson & Co 1st 65 194 - 19000 N henecoauent WL ) 89 ’53" | weakening in invest securitivs RAILROAD. { Atchison gen 45 1995 Atlantic Coast Line 1st 45 19 Balto & Ohio prin 3145 19! Balto & Ohio gold 4s 1943 % Balto & Ohiocv 41,5 1933 Balto & Ohio ref 5 Bulto & Ohio 6s 1 B&OPittsLE & B & O Southwn div 3138 1 3 Brooklvn-Manhat s f 65 A 1968, Canadian Northern 633s 1946 Canadian Pacific deb 4s Carolina Clinch & Ohio 5s Central Pacific 4s 1949 sapeake & Ohio cv 4% Chesapeake & Ohio gn 415 19 Chesapeake & Ohio cv 55 1946. icago & Alton 3 i B & Quincy 1s Sastern 111 gen 5 1951. Public Service 8% D! Pullman Co. ... Punta Alegre Sugar. . Pure Oil Railway Steel Springs. . . Ray Consolidated Copper Reading. . 8 H German Loan Chief Toj 2 Reading 1st ot . 2 8 893, | Turning to affairs abroad. th 897, | topic of interest is the prospectiv rman loan. Assuming that the con- ees in London come to an under nding, market conditic | the success of the offering - | the buying of foreign bends both for speculation and investment, has been s enthusiastic this week as last, the av price has advanced to a new high poir entiment toward ix more favorable in the I E least than W, o 8 at any time in the past two years o The investment bankers who will be called upon to underwrite the new 1o profess contide in their 2<P|\r to place a prope secured Ger- man bond with the investor. There has been @ good deal of talk t week about the terms of the chief Reading 2d pf Remington Ty Remington Typew: Replogle Steel . Republican Iron & Steel 1 Reynolds Spring. 3 Reynolds Tobacco, B. 4 846 Koyal Dutch ctfs (N ~— Rutlandpf........ 2 StJoseph L — 'St Louis-San Francigco. . . 2614 —— St Louis-San Fran pf..... 5218 61% St Louls Southwestern. .. . 42 45 St Louis Southwestern pf 69% 70 Savage Arms 3% 61 63 Schulte Stores. 1265%1126% Seaboard Air Line . . 14 15'% Seaboard Air Line pf. 284 30 6 Sears-Rocbuck. .. 103% 106% ~ Seneca Copper......... } s hell Union Oil 3 | 10w all of it is Dy guess Simmons Company : St Paul gen 4 5 I‘:’:,Xr'k hufl \1] p{h;;_ houiaver Liaththe mms Petroleum. 3 o : S onaal nen e soghe O % return will have to be made attrac- Sinciair Con Oil........ 0" ; 2 SBiATE SeBaulcy seees tive if it is to compete with the out- Sinclair Con Ol pf. ... ... o 82 3| 83 72 ORI gy R £ s standing dollar bonds of Skell OIl. ... s | : CHUR T & Eao nations already available Sloss.Shefield St1 & Tron. Chi Union Station 6125 1963. varket. While the investment yield South Porto Rico Sugar. Ghi & Westetnlnd conids 195 Thtanable have decreased somewhat Southern Pacific TCC&StLref6sA 1L Quring the recent advance in foreign Southern Railway. Cleveland Term 5%s 19 bonds, some of them are still high. Southern Railway pf.... Colorado & Southern 4 { Drobably the buyer of these German Spicer Manufacturing. e Cuba R R 55195 . 5 4 m;‘- ‘il receive at least 8 per cent Spicer Mfg pf. 2 !5 Delaware & Hud&ons‘n 3 Dl 3 ", him for the rl‘\l\ Stanaard Gas & Electric, Den & Rio Grande con 48 1936, . tofcompensae 1 5 Stanaard Ol of Cailtornia Den & Rio Grande 1st ref 551953 S Bond Speculation Mysteriou Standard Oil of NJ......... 4 Detroit United 4155 19; 7 ¢ s clopment of the Standard Oil of N J pf. % Erie st con 4s 1996. ngz,wfor(ur::::‘ ,:h.\m'fr‘:'\x.m, in th Standard Plate Glass. Erie gen lien 4s 1996 fonnection. That is the story o Sterling Products. Erie cv 4s A 1953 Stupendous profits made by specula- Stewart Warner Spe Erie cv 45 D 1953 = 3, | tion in old German war bonds. No Studebaker. . . Grand Trunk s f d e 3 | one seems to know just how thi Submarine Boat. 5 Grand Trunk 7s 1940. speculation got its Start, or upon Superior Oil. . Great Northern gen § what it is founded. There seems to Tennesaeebopvet&chem Great Northern gen 7s 1936. be a vague idea that in order to se- Texas Company . .- 0% Hudson & Manhattan ref s 19 cure the success of the Dawes plan Texas Gulf Sulphur. A Hudson & Manhattan adj 55 1957 the German government will have to Texas & Pacific. ... B 4 1llinois Central 5%s 1934 3 do something for the holders of Texas & Pacific Coal 7 56 Inter Rapid Transit 5s 1966. 2 4 6y | these war bonds. The German finan- Third Avenue. 82 274 82% Inter Rapid Transit cv 7s 19 o cial press has done all in its power ‘Timken Roller Bear 33 Inter & Great Nor adj 65 1952 541 3 %1% discourage the movement. but Tobacco Products. . 73 Kan C Ft Scott & M 4s 1936 5 without much success. It would Tobacco Products Class A. 6 7 Kansas City Southern 3s 1950. .. 71l 5 seem that Americans who were Transcontinental Oil. ... 83 Kansas City Southern 55 1950.... 891 “burned” in the German mark manix Underwood Typewriter. 92% ‘ Lake Shore 4s 192 98% 8N vs following the armistice would have E:::g ;l‘cti:c!’mh 1333 5 ;::ke ;h‘r;:l‘lg; 1613119“8 . lggn. ! < | learned their lesson. It would be un- senen y 2. 2 result should be con- Unfon Tank Car. 871 4 Louis & Nash unified 4s ok aa o Lo fOE N S TS e rmia hiwesn g:llgddg:_:::sm 9% MilBlee Ry & Lt st ret 5u's1... 86 “| these 0ld German war loans and the 3 101 4 M St SM6%s1931......... 103 v dollar bond issue to be put out United Fruit..........0.0e 4 4 Mo K: « 2 e on it - United Rallway Invest. .. frid Mo Han & Tex :];;1; o e gf“: 51 ZibiFonnschon M i SR o it United Ratlway Invest pf. % Mo Kan & Tex prin 58 A 1962.... 85% | Investors Changing Front. US Cast Iron Plpe & Fdy 4% Missouri Pacific gen 45 1975..... 60 62 s Probably the German sovernment US Distributing Corp'n 85 Missouri Pacific 65 1949......... 98 i loan will be followed by offerina Usmndur;:x‘n‘\ Anlcm:oe‘ N 2% A N O Tex & Mex inc 55 1935. 91% 3 o7 | the account of German industrial e ool 86% h New York Cent deb 4s 1934 % 934 | corporations. Certainly $200,000,000 U'S Realty & Improvm’t pt. o o New York Cent ref imp bs 2013... 99 % (s but @ beginning of the work Amer- e Bl Tt s 101% New York Central deb 65 1935. ... 108% 109% 1077 *|ica will be called upon to do in the U RObReE tst ot 21 New Haven deb 4s 1957 4T 47 s financial _rehabilitation of Lurope e 52 NYNH&H cvdeb6s1 6% This will involve a remarkable USSmalting & et 32% N Y West & Boston 43s 1946. 5414 change of front on the part of our US Smelting & Rof pf .. 8% 913 Norfolk & Western con 4s 1996... 80% 903 investors. . 106 2 Norfolk & Western cv 6s1929.. . 126% The most potent influence in bring- 5644 % Northedn Pacific 35 1947......... 61 61 ing about this change will have to be 80% Northern Pacific 43 1997. U 8% the attractiveness of the ipvestment 102 Northern Pacific ref imp 6s 20 106% return compared with domestic s 20% Ore Short Line ref 451929 Loty curities. Nothing else will persuad. 997 Ore Short Line gtd 55 1946.. ... 104% an American bond buyer to send his 5% Ore-Wash 1st ref 45 1961. 82% money outside the territorial limits 88 Pennsylvania gen 43%s 1965 94 3 of his own country. 98 Pennsylvania gen 5s 1968. . 102% (Copyright, 1924, by Consolidated Press.) 106% Pennsylvania 6148 1936. . 110% —_— 98 90% Pere Marquette st 5s 1950. 96% @ [ e R e A R e S ll“i“i ] \+»++++++-|-+++4+++04+++ + 4+ ++lH I+ 134% sl A1 Detroit Edigon 5 1105 Du Pont de Nemours. . 131 Du Pont de Nem 6% deb.... 90 astman Kodak. . ... L 11% ton Axle & Spring . 13 lectric Storage Battery.... 58% Emerson-Brantingham... 3 Endicott-Johson. cee. 66% Erie Railroad. . . 8% Erie Railroad 1st pf. . 41y Erie Railroad 2d pf. Coa1% Ixchange Buffet. .. 23 Fairbanks, Morse & Co. 29% Famous Players-Lasky..... $5 Famous Play-Laskey pf. ... 96% Federal Light & Traction... 8% ederal Mining & Smelt pf 5074 Phoenix Fire Ins. 139 o:maeau.eu“ e,ul |en 3 t3 a 3 ||+1++|+ seafe|||o] I1++++11 3 K 2% 6% 3% 5T% 87 19 o% 8% 8% 41 1% 0% 53 83% 6% 3% 43 36% 64% 46% 145 126% 121% 94 63% 42% 8 71 224% 182 7% 20% 7% 26 54% 26% 20 105% 64 — 30% 21% 13% 24 16% 3y 40 83% 61% 106 88% 107% 90 108% 97% 109 100 64% 30% 42% 22% 105 T6% 94% 66% 43% 18 32% 18% 48% 38% 46% 37% 109% 85% 110 94% 123% 116% 123 118% 6% 56% 81% 64 24% 14 31% 16% 44% 24% 33% 19% —— Vanadium Corpul’lflonA 3 Laa ° | S b+ wwnon| < | | Nacog S +4+ 4+ 4 FarawaTsr gl o [1]] | 5oge5ae] 222 |3 | |‘=---~|m=~m[~¢ n—é Pl bt rtrtttt b [ +ttl 4 b i+ttt +++ 1+ *F I+ l+4+ 1+ttt d+1++1 e F * BT ER FEFEE FERER o+ |‘au,w{1§mmq.wluzw.mm\1;awl\||\1'N bttt i+t sr¥rsas At bbb as bt Illinois Central pt. . 112% 1100 112% 4 88 82% % Reading gen 4s 1997 L 95 i COTTONSEED OIL UP. Ingersoll-Rand 288 253 égz ;ég ;g'/- :f’% : zzfir}znfl:g;o:-;;;). . 59% Rio Grande Western clt 45 1949.. 70% 70 4| NEW YORK, August 16.—The cot- Iniand Steel. . 35% 35% 8* 13y 8% —— Western Maryland. ... 8L 1% RIATK&L 4%s1834.......... 83 88 tonsced ol market was firm and ions and the ready ab- Interboro Rapid Transit. 32, 313 s 64% ¥ StL&SanFranprin4s A1950... 0% 71 4 Sorntlon of nearly $160,000,000 of new Internat’l Bus Machines... 105% 105% L e e Vanorrieur 79 SUL& San Franpr in 56 1950... 804 86 aors RS e e B Pond offertazs were the outstanding International Cement. ... 46 453 119% 101% 115% 105 7 Western Union Teles. et StL&SanvranSusBass..... 94 94 3w 20 points nct higher. Sales were The rapidity with which stock International Har, new. 96% 963 65 65% 4 Westinghouse Elec & Mf 68% 534 StL&SanFraninc6s1960...... 72% T4% 72% nominal; prime Summer yellow spot s moved up when selling pres- Inter Mercantile Marine. .. 10% 10% + 1 | S 624 B O% 0 Wheelink & Lake Erie. % 9% 47 Seaboard Alr Line ref 4s 1969..... 864 574 S6% 1425 bid; September closed, 13.50; was lifted apparently u“firmed Int Mercantile Marine pf 41% 41% + 3% 19 10 26% .‘“ —— Wheeling & Lake Erie pf. 22% Seaboard Afr Line adj 58 1949... 624 613, October, 12.68; December, 11.17; & COTrT: a A 9. : Inter Telephone & Teleg.. 179% 173 79% + 6% S Df. . 815 83% 85 Southern Pacific ref 4s 1955. ... .. a7sea came B T Wik & Cont ¢ 69% S %% 8 | FLOUR 20 CENTS HIGHER. = s , i A 24% 4 o 69% 66Y% ts % Southern Ry gen 45 1956. . 5 8% . }’(’)r“‘;‘]‘,“ ,(,;fi',’:‘ialg' Tynds; avalianle s 2 Invincible Oil. ... - 126 + % | g3 42, 88 1% — Willys-Overland pf. ox | 98% 92% 95% Southern Ry 15t 5s 1994 s 101% 100% 100% | MINNEAPOLIS, Minn., August 16. market purp T laree 20% Jones Bros Tea. . 23 21 2% | —— —— 120% 72% 8 Woolworth (new). 1% |102% 100 101% Southern Ry dev 6%s 1956..... 107 106% 107 | Flour 15 to 20 higher at 7.75a7 & % | 40w 19% 81% 234 — Worthington Pump. ‘,,_ 6% 39 891 Third Ave adj 58 1960. ... 55 b4% b4%|a bbl. Shipments, 43,882 bbls. Bran, Toeal li’i.‘i'fe-‘.'l‘?a"“,‘,'f,"fii,’.‘,"?fii",fi,,‘,:’j }3: ’;f’;?.ifl%fif&‘:.‘.’lfi.f‘m ot 3?2 55 §§V‘+ o {52 355 g“ s:% zli wfify‘fv’v"f&‘}'f"“'.‘ & :gfi m 96% gg: 97% gg:: Sf'r‘;l"“}"fgc Sv4s 1923 peee l‘qg 99% 99% | 1.34%al1.39%; oMl September, 1.34%: jEetzate ever zecorded; but heDullcor 28 o e Eorinseld Tires.. on Mt I O o 30 Son 33 1017 964 Wabush 1;’6::1‘»:: 4 : 5 1003 10015 1008 | Deverator: 13751 ola amd oo May r 20% 3 1 cash 65% ‘estern Maryland 4s 1952. . 65 63% 656 |1.42%. Corn, No. 3 yellow, 1.17%a 2 and 3% per cent. The first foreign 29% Kennecott Copper 48% + 1% Dividend rates as given in the above table are the annual Paymgnts 8 93% 79% Weste Yha ehipment of gold in six months left| 64% 85% 79% b52% — Kinney (GR)..... 72% 77% + 3 |pased on the latest qumerllx or half ye‘nly decla «gu. Unless o'-hu-'m‘ g; ;7 _u": Frivd w:"sf;ol:::llzc‘iszl;‘ale :;;: :é* aéu ;‘185 zl::l!. No. 3 white, 52%. Flax, Bere this week for India 300 177, 434 287% 8 Kresge (8S)Company..... 412 405 410 +10 poted, aatra or -wm alyidens are pot included. § Pastly extra, ¥ 0. 4 z % Inspiration Coyper. . 28% 28% 26% 14 21% 15% —— Western Maryland 2d 614 86 1% StLIM&SR &G 451933, . 83% 83% higher on local and Western buying geatuses ot ithin wock sinancisl anase: Toterms ClCombibnglne. .. J2os 63 Jion a0tk 10 196 € Westinghouse Alr Brake. 80% 67% . 2 StL&SanFranadj6s1966. ... 78% 81 18 6,100 barrels. Prime crude. 1500, the beliet that the recent decli International Nickel. 19% 19 + 1s | 30x 20 293 2" White Eagle Ofl. 8% b8% 68 Seaboard Air Line con 6s 1945 82% 825 e a.28t aih BIa Money rates were unchanged with a Intertype Corporation 31% 5 31% % e Kping 8% —— wilivs R = I ofifiva t clads (Gomsncrol L Dier == Jordan Motors. o ik 304 94% 88% 94 88% Union Pacific st 4s 1947, ....... 931 92 92 | 23.00a24.00. Wheat, No. 1 northern. She paper business wis done between 0% Kelly Springtield Tires. 16% 16% +1 |q0 62, 704 62 5 YoungstownSheetdT..... 7 = 3 >