Evening Star Newspaper, August 20, 1924, Page 22

FINANCIAL NEW HIGH PRIGES MADE ONEXCHANGE Steel Leads Rise—General Electric Turns—Motor Truck Shares Gain. BY STUAR' Special Dispateh 10 Th NEW YORK, prices were change tod: an increas! Steel, ery was the Tow ading v rapid pac 111 for the fir; Profit taking, rp advance, back for a while, advance was resumed i n. The recent profit in General Electric, under wh stock had broken top, was said to have been completed and the p w charaeterictic v Motor Truck 1. S. ti 1o held but the, an Can I the lence stocks continued the remarkable advance and the buy spread to the shares of companie whose chief business is the manufac ture of passenger cars. Motor ucc ry issues a me in for artention Bosch Magne up sharply wa Warner, in which had sen short was impressed with been disclosed in the Gen- i-annual report and umed to be fairly gen- ve sup) alers had be of has removed mot tock recently ol Stre L wo point n the sponsoring Chandler st 1 ntinued to be that there in betwe of M former while th show, will $1s. latter will Bought. bouzht d be company vstrial Aleohol the the ation high from tment tim ahes rial Al in s of end e of ring than whe Fou previous the e to move ried to new h the president that the d earn at least $15 year on the junior issue. timated that if business Kept on the way it was going an extra dividend would be declared. Ninety per cent more business was done during the first half of this vear. than in the same period last year. A European settle- ment would n much for the foreign end of the company’s operations. 0 in- Trade Gams Slow. of line with recently in that The reviews of rather out the statements made regarding impr directicn. The Tron wcrease for the indust nd more some obtained onl, of p: In the late afternoon railway stocks eame in for more attention, but with- out anvthing particularly noteworth. occurring. In the market generally realizing £ales increased considerably during the 1ast hour or so and brought about a reaction sufficient in the greater part of the list to cancel the early gains. CLOSE IS IRREGULAR. Steel Common Highest in Five Years—Can Up. Br the Associated Press NEW YORK demonstrati specialties v extensive p tions of the t. giving today one the most a an irregular appearanc common touched 11 St price in five vears, S 0,000 shares, closing was irregular. can Can crossed 138 to a new high in the final hour, but the rest of the :.( was :n('llnltl to run off on realiz- ng, with several rails displayi marked heavin pie il August 20 in several sed as taking in ish industrial sereen for ere stock o this the Ies ap- Ameri- W YORK.—Stocks irreg . Steel common highest in five vears Bonds 1y; Canadian issues ad- vance, angzes lower; sterling continues to decline. Cotton firm: better spot demand. Sugar ad- vanced: firm spot demand Coffes higher: unfavorable crop news. CHICAGO.—Wheat lower: crop estimat orn heavy Argentine competition e’ and higher; broad steady to strong. st larger Y fears Cattle active demand. Hogs RAIN i’RICES. i st 20 —Persistent elling on the part of commission houses made wheat prices average Jower today during the early deal- ings. Bearish estimates of the Spring erop vield in the Dakotas and Minne- sota were a factor. According to a leading authorit; the production in the three States promised to be 65, 000,000 bushels more than the latest Government estimate. Opening quo- tations, which varied from unchanged figures to haif cent lower, with Sep- tember 1. to 128 and December 132% to 1.33, were followed by numer- ous fractional changes, and then by a material setback all around. Warmer temperatures led to a pro- nounced drop in corn values. At first, bowever, the market showed consid- erable strength as a result of adverse crop reports, especially from Towa. After opening at 1 cent decline to % gain, December 1.16% to 117, the market showed slight general up- turns, but later receded 2 cents or more under yesterday's finish. Oats followed corn. Starting un- changed to half cent higher, Decem- ber, 57% to 57%, the market rose a little further and then went below yesterday's latest figures. Provisions were without significant change. CHICAGO G CHICAGO, Au; September December “| Am Locomo Kkin | 15 points from its | the was s, i Det THE_EVENING STAR, WASHINGTON, |[NEw York stock EXCHANGE | {BONDS OF WESTERN e e e INEIRANOD i Reach New Top Above 65. High-Grade Issues Firm, But Rather Dull. —_— BY GEORG Special Dispateh to The Star. NEW YORK. August 20.—It was a day of great irregularity in the bond market. The high-grade list was reasonably firm, but not particularly active. With money rates stationary there seems no particular reason why this class of security should make any further advance. On the other hand, there is no reason to expect lower price: In foreign bonds the h me lull pending the offering of the long-expected German loan The most active again today were the Jugoslav around their new high. French bonds were reactionary, particularly*French Cities 6s. Brazil bonds were a trifile lower today. ‘Wentern Maryland Bonds. In the rails, there were two f One was the advance of Wes vland 4s to u new high above 65. Buving in this issue has been 68% 69 | based apparently on the good security 86% 86'¢|and on the prospect of the road being | taken over by another system. The 21% 224 8% 8y | Other w ments which hove 16 16% sport cha 114% 117% it are being cove 100% 100% | more than on a-half tim. 6% 6% |der the agreement by which the 61 68% | Orleans, Texas and Mexico expects 1o 87% 88 licquire the road at least 4 per cent 39% % linterest rant on these ad 96 justment up to and includin 22% 1927, 4 163 6034 Low. Close. 88 88 11% 12% 39% 40 80 80 10% 10% 74 74 63% 63% 100 100 144 4% 894 39% 41l 42 28% 81 83% 834 138 136% 115% 116% 23% 23% 119% 121% 115 1164 116 116% 1% 1% 624 62% 88y 88Y% 23 28% 10% 82 A8Y 18 6% 12% 7674 104% 8% 46% 42 o 128% 152 149% 109% Open. High. 66% 664 12 12 54% 64% 62% 63% 624 624 6l% 62 1% 2 Low. Close. b65% 66k 12 12 b4% bd% 62% 634 61% 61% 61% 62 1T% 17% % % 69% 0% 89 s9% 99% 99% 98 99 156% 15% 67 67 104 105% 104 104% 97 97 65% 673 35% 364 4% 44% 4T% 4T 85% 85% 29% 297 47% 474 321 32% 32% 32% 40% 41 53% 55 18% 134 97 98y 22 ‘22 21% 22 Open. High. 88 88 1% 12% 39% 40% £O% 82% 11 11 Kresge Dep Str. Lee Rub & Tire.. Leh yal (3%) Lig & Myrs (3) Lig & Myrs B (3) Lima Loco (4) . Loews Inc (2).. Loft Incorpor Loose-Wiles Bis. 70% Lorrillard (3).., 89% Louis & Nash (6) 101 McCrory B.. 98 MelIntyre (75¢).. 15% Mack Cos pf (4). 67 Mack Trucks (6) 104% Mack T Ist (7).. 104 Mack T 2d (7)... 97 Macy RH & Co.. 68% Magma Copper.. 36% Man ElSup (4).. 45% Man Bl md gd 4. 48 Manhat-Shirt (3) 85l Maracaibo Oil... 29% MKt St Ry prpf. Marland Oil Martin Parry Mathieson Alka. Maxwell Mot A. . Maxwell Mot B. . May Dept St (5). Seabd (2) ea cfs (2). Miami Cop (2).. Middle St Oil. Mis Kan & Tex. Mis K & Missouri P: Missouri Pac pf. Mont Power (4). Montgom Ward. Moon Mot (2) Mother Lode T3¢ Mullins Bod, Nash Mot (812). Nash Mot pf (7). Nat Acme. . Nat Biscuit (3) Nat Dairy (3) Nat Dept Stor: N'D S 1st pf (1) Nat En & St 1d (8). upply (3).. ans Cop N Or T&M N Y Central NYC&StL (6). NYC&SLL pf (6). N Y Dock pf (3). NY NH & Hart.. NYOnt & West. N Y Stea pf (7).. Niagara F pf (7) Norfolk South. . Norf & W (18) North Amer (2). North Am pf (3). North Pac (3) Okla Pr & Ref ario Minin ¥ X Hosiery Orpheum (1'%).. Otis F Adams Exp (6). Adv Rumley . Adv Rum pf (3). Air Reduet (4).. Ajax Rubber. Allied Chem (4). 75% 75% Allis-Chalm (1). 66 66 Allis-C M pf (7). 100 100 Am Agricul Chin 14% 14% {Am Az Campf.. 40% 40% s (4) dle 42 31% 83% 1384 115% 23% 122 116% 17 11% 6 89 29% 10% 83% 48% 118% 6% 125 8% 104% UGHES. i d(7) Am Hide & Lea. . 1Am Hide & :.\nl lee (7). Am Internatl {AMLaF B E (1), Lp | Am Metal (3)... Am Radiator (1) 4415 4% 19% 19% 52% 63 Am Water Wk b, 2 Am W W pf (6).. B8% Am Whol pf (7). 20 Am Woolen (7 k™ | Am Wool pra « 101 {amz 3 9% lamz 314 A 407 0% 83 ¥ GG 115 | Asso .. 29% 204 20% fixed Sugar Liens Thrown Over. 15 In the industrial th 104% 104% | Points both of w 105% 110% | strength. 1 of 1075 108 le Sugar Ss came into the market 881 88% | breaking the price below par. 49 49 |far as known, nothing in the 27 27 |tion of the company pror 51% 217% | selling. Some of the rubber and tire 94 94 |bonds were bought at advanced pric 28y, 28y | one of these being Kelly Spring- 19 19 |feld 8s 125% 126% | Among tractions 26% 26% | Rapid Transit were vy, and 48 48 | Brooklyn Manhattan T 65 €6% 65% | failed to rally much, notwithstanding 4 the highly favorable earnings report 2% 28| American Agricultural Chemical 7% o lé: continued their quiet advance. 201 20% Early VMarket Stronz. 67 67 |Bs the Associated Press 8% 9 N YORK 51% 52 |undertone wa. 43% 433 | early bond trading. Intercst i 57% 57% | ¢lgn obligations turned to 1 4 95y | of Cana 1931, which adva 1 e wing the rise 117 | Canadian doll a4 with jan government w part of its fall f market. Trading don marked by a rise c point in Wilson & Co which have been in connection | financing plan, ar | Brooklyn Union Gas s of | new high level for the vear. SEABOARD AIR LINE st ere were and rings of Cuban situ Interborough sit Brklyn Un G (4) Burns Br (10) Burns Br B ( Butte&Supe A firm cking (5) 1) Pet pf (1) 1 Z Lead et & H 50¢ S 1 Can Pacific (10). Y | Cent Leather Co Pac Coast 1st pf. ¢ G&E (%) cific Oil Packard (1.20). Packard pf (7) Pan-Amer (4) Pan-Amer B (4). Park & Tilford. . Parish & B stpd. Penn Railrd (3) Penn Seab Steel. Pere Marq (4) Pere Mar pf (3). Phila Co (4).. Phila& R& 1. Phil Mor Phillips Pe Phiilips Pet ri Pierce-Arrow. . Picree-Arrow pf P-Ar prpf (8) Pierce Ol pf. Pitts Coal (4)... Pitts Ut pt (1.20) Pitts Ut ctfs 1.20 Pitts & West Va. P& W Va pf (6). Postum Cer (4) .. Press Steel C pf. Frod & Refiners Pub Ser NJ (4). Public Serv rts. . Pub SNJ pf (8). Pullman Co (8). " 113, 100 (1) | Chand Mot (6) | & Ohio (4). | 1g0 & Alton | c & Alton pf. in ic convertible depos v's nce 16 {Chi RT& Pac RI&Ppt(h). CRI& P ( Chile Cop ( Put Figures Ahead of Last oL Year's Business. | Com i lec _ “ongoleum (3).. jConley Tin Foil. Consol € Punta Al Su (3). | Con Cigars pf (7) Bure Oil (134)... ! Consol Gas 15).". 2 Al ol : Ray Cons Cop Cont Can (4). Bedinic i Cont Mot (20¢) Reis Robert Corn Brd Rem T 1st pf (7) § Gosden t Remin'n 2d (8).. JGosaenip Repiogle Stcel. . Crucible Rep Ir & Steel. .. Lcruei st il o el s : 24 y Toh B (3)... |CullaniGansisug Iioy Dtch (3.46). 43% jGublGane bupt Rutland pf. o Cub Dom Sugar. & = | Cuyamel Fr (1) L Joscph Ld (2) ; 29% | an.. 25% Dan Boone M(3) ; 2% 1dson Chem su% | Del & Hud (9).. 4 12 4 69 69 IDelL& W (6).. : Bavacavins: o 2d Co (8). Schulte (8)..... 125 125% {Dome Mines (2). S Bt AT e jREECde NS ab'd Air Lipf.. 29% 293 30 | DuPtde N db (6 ars-Roebk (6) 106% 106% 106% | Bastman (11613) neca Copper.. 2% 2% 24 | Zaton Ax (1.60). attuck-Ariz.. 7% % % | El Stor Bat (4) hell Un Oil (1). 167 16% End-John (5) . Shell Un pf (5).. 96% 86 je.... Simmons Co (1). 25% 26% Kirie 1stpf. ... Simms Pet 14 Ta% Exch Ruffet (2). inclair Oil. 18% 18% kelly Ofl. 19% 19% U gk loss-Sheft (6).. 74% 5% Fifth Ave ctfs. .. il % i Fisher Bdy (10). 189 b Rico8u (6). Ta . HisiRAbDbor I% outh Pac (6)... 96% 964 Fisk Rubber pf 4 65% outhern Ry (5) 684 H Fleischman (312). 1% SRRy D5y, - TO% L | Foundation (6).. ¥6 Sotcer Mt e, 1% = FoundationTts. 2 S = Freeport-Texas. 9 t Oil Cal (2). gs s c3). 49 StONNJ (... 86% Sen ARGt (D, 98 Std P1GI (75¢).. 81 Gen Asphalt. 16 Stew’t Warn (5). 52% Gen Asph pf (5). 84 Stromberg C (8). 65 Gen Baking (6). 181 Studebaker (4).. 38 Gen Cigar (8)... 8% Submarine Boat. 9 General Elec(8) 272% Superior Oll Gen El spe (600). 1% perior Stl Gen Mot (1.20).. 14% Sweets Co of Am Gen Petm (2) 41% Tenn C &Sh... Gen Refrac (2).. 35 Texas Co (3). Gimbel Bros. 58% Tex Gulf (16%) . Gimbel Br pf (7) 103 Texas & Pacific.. Goldwyn Pict... 1ih - &P CEC, Goodrich. . . 24% iR Aenue Goodrich pf ( 824 Tide Wat Oil (4). Goodyear pf . 6% Timken (13%) .. Granby Consol.. 20% Ton Prod (6). Gray & Davis 4% TobProd A (T Gt North pf (5).. 66% Transcont Oil Gr Nor Ore (3).. 30 Twig City (4) Grt Wstn Su (8). 873 Skt GrCanan Cop... 17Th T Gulf StStl (3)... 6% e Hartman Co (4). 36% Un Pac pf (4. .. Hayes WI'l (3). 85% Un Tank Car (5) Househ'd Pr (3). 35 Utd Alloy Steel.. Houston Oil..... 7% Utd Cigar Stores Hud Mot C (3).. 2T% United Drug (6) Hupp Mot C (). 13% Utd Fruit (10)... 219% Utd Ry Invest.. St1 (2 ' U S Cast Iron P. e g i U S Distributing _29% =33 U S Hoft Mach.. Ty U S1nd Alcohol. 75 e USR&Im (9).. 100% 5 USR1st p . Intesmatra USSmelting..... 85% L USSmtpf (335) 45 daGraant U S Steel (16) ... 110 O s U S Steel pf (7). 121% b S g P Universal Pipe.. 16% o Univer P pf (7).. 5% I Utah Copper (4). 81 e e Utah Securities. 32% Iron Prod (6). Vanadium Corp. 24% Va-Caro Chem.. 1% o Va Ry & Power. 68% Jordan Mot (3). w:::::' l::: Kan City South. WATRSRGEA LT e JIGEETIL Wald Sys (1%).. 4% Kayser Jul & Co! o Mol A Kelly Spr Tire. . Wells Fac (2545, 4% Kenne Cop (3) West Pen (4)... 86 | Kinney G R Co West Maryland. 12% Special Dispateh to The Star. 131 | BALTIMORE. August 20.—Eu 53% | of the Seaboard Air Line Railr 24 | Company during the first week in Au- gust continued to run ahead of the 127% | same period last year. Loads moved 14 by that road during the week ended 63% | August ® totaled 38,669 cars com- 11 | pared with 38.070 for the corrcspon 90 1N period in 1923 an i 104% | crease of 7.2 per cent The movement of fruits ar tables accounted for a large y the increase. Loadings of t modities increased about 70 e during the week over last year loadings of the Seaboard were up 2 per cent over the same month in 192 By the Associated Press. NEW YORK, August 20 —Organiza- tion of the KEthyl Gasoline Corpora- tion, which will take over the pr motion and sale of ethyl fluid, h been announced by Walter C. Teagle, president of the Standard Oil Com- pany of New Jersey, and Alfred P. Sloan, jr. president of the General Motors Corporation. These two com- panies are equal stockholders in the concern, which is capitalized at $5.000,000. Charles F. Kettering is president of the corporation. OFFERS TO BUY AND RUN ELECTRIC RAILROAD Special Dispatch to The Star. FROSTBURG, Md., August 20— Fred Wilmoth, supreintendent of the Meyersdale Light, Heat and Power Company submitted an offer to the stockholders of the Pennsylvania and Maryland Street Railway Company whereby his company would purchase the trolley line and equipment. Mr. Wilmoth intimated that if his offer ‘is accepted his company would con- tinue to operate the line for general freight and passenger service. The power house at Boynton, near Salisbury, would be abandoned, and the power secured from the Meyers- dale plant, thus making cheaper opers tion possible. PIG IRON ADVANCES; STEEL PRICES LOWER Br the Associated Press. NEW YORK, August 20.—The Iron Age composite prices again have moved in opposite direction. That for pig iron has advanced to $19.46 per gross ton from $19.38 last week, and that for finished steel is 2.510 cents per pound against 2517 cents last week. In two weeks pig iron has ad- vanced 17 cents per gross ton and steel has declined 28 cents per gross ton. st Md 2d pf 20% 20% 20} 20% e rnPacific. 32 = 2 ¥ West Pac Df (6). 70% 70% 70% 70% West Un Tl (7).. 116 116% 115 116% West E& M (4). 63% 63% 63% 633 ‘Whl & L Erie. 14% 14% 14 14 Wheel & LEDf. 24% 254 247 25% WhEag Oil (2). 24 24 24 24 White Mot (4)... 63% 66 631 64z Wickwire SpStl. 1% . | 1 wilson & Co. 8% % 7% Wil & Co pf. 28 20% 20% Willys-Overl 8% 85, 9 Willys-Ovd pf... 704 7i% 70 70 Woolw'th n (3).. 118% 118% 1124 112y Worthing P'mp. 29% 29% 29% 291 wright Aer (1).* 12% 12% 12% 12y 42 42 70% 107% B RTINS vege- 30 88% 9% 1% Wrig W Jr (3).. 42 42 Youngst S&T (5) 70 0% 70 *0dd lots, fPartly extra. Dividend rates are the annual cash latest quarterly or h: Unless otherwise noted, dividends are not included, $Payable in preferred stock. given in the above table ayments based on the of to a| AUGUST TRAFFIC UP| Fruit and Vegetable Shipments - | ilinois Bell 1st 5 "l of facilities, D. O, WEDNESDAY, AUGUST 20, 1924.° l N NEW YORK BONDS STOCK EXCHANGEI Received by Private Wire Direct to The Star Office. FOREIGN. Sales. High. Argentine6s...... 3 8L Argentine 65°37... 41 94 Argentine 7s...... 7 102% Austria 7s. .34 974 Belgium 6s. 2 100% Belgium 7%s...... 17 1104 Belgium 8s.. .. 107% Bolivia 8s. . 93% Bordeaux 6s Brazil 7s Brazil 8s anada 6s 1926 nada bs 1931, Canada bs 1952 Canada 5%s 1929 Chile 7s 1943. Chile 85 1926. Chile 85 1941 Chile 85 1946. Chinese Gov Ry 58 Christiania 8s. ..., Copenhagen 634s. . Cuba 53s. Czecho ds 1951 “zecho 8s 1952 ct. Danish Munic 8s B, Denmark 6s Denmark s Dutch E15%s. . DEI5%sct. st 1 6s'47 Dutch East 1 6s°62 ElSalvador 8s '48. . (Bales are 1n $1,000.) UNITED STATES BONDS. (Fractions represent thirty - seconds. Example: 95-3 means 98 3-32.) Sales. High. Low. <Close. 51 1 100=30 100-30 22 1 102-16 10216 Lib 2d 4%s..." 100 0 101-17 101-17 Lib3d 4%s... 135 0 102-16 102-16 Lib 4th 4%s.. 1498 4 102-19 U 0 US4%s1952. . 142 7 105-24 105-24 RAILROADS Sales. High. Low. Close. 14 ¥2% 82% B2% % B9% BuK 85% E5% 89 89 100% 10 86% 89% 89% 85% 163 100% 100 B3 675 80 870 100% 115% 115% 80% 103 93% 103% BTl Lib3%s... Lib 1st 433 Atchison adj 4s. Atchi n3ls. B & O gold 4s. B&Ocv 4. B&Oretss. B&Orfimp 6s. B&OSW div 31zs. B& O PLEWYV 4s. B & O Toledo 4 Bklyn-Manhat 6s. Buff R & Pitt 43z, ‘anada South bs. .. Canad North 61%s. Canada North 7s Canad Pac deb 4s. . Car Clinch Cent of Ga 5 Cent of Ga, Central Pacific 4s. Ches & O cv 415s. Ches & O gn 415, ., “hes & Ohio « Chi & Alton 3s Chi & Alton 3 ich Govt 88 Haiti 6s Holla 99% t West 45, M & Puget Sd 4s. Netheriands hi M Netherlands 6 *hi M&SE P cv 4 ChiM & leme - |ChiM&StPre Blchiv& 3 1i & N W ref 5 Chi Rys 5s A% L&D gnds.. | & P rf s ChiTH& Chi Union Norway Orient Dev Pari a0 Paulo City 8s. . aulo State 85 ine Dept. of Yo 0% Bl 1014 95% 1164 6h% 5 1047y 106 110% 110% sons 6. veden 6s ¢ Tiks. . Del & Hd st rf 4s. Uruguay 8s Zurich 8s.... MISCELLANEOUS. Ajax Rubberss... 26 94 gr Chem 5 9 98 A Agr Chem 5 95% Am Chain s £ 6 96 b cpubdeb6s.. 1 91% AmSmI&R 1st5s. 8 4% L& RS 8 1044 : ug ref 6s. 100y AmT& Tl tr4s Vi | Am T&T el tr5s |Am T & T deb 5 Am Den & Rio G cn 1s. D & Rio G imp 5s. . Des M& FtD 4 Det United 4 rie 1st con 4s ric gen 4s. . rie conv 4s A rie conv 4s con ex 0414 | Havana Hud & Ma SECCRNRmENEANDN w o © o Steel pm 5 th Steel rf 5s h Steel s £ 6s. . r H St 1st blas. ake Shore 4s 31. 109% Lehigh Val cn 1s. . 94y 6 1004 52 100 18 10515 1 9 1007 96y 107% - Copper 63 15 & E1GS. ... ponwth P val Md 1st P Consumers P 5 90% Cuba Canecy 7s'30 10 96i% Cuba Cane cv d 8s. 17 100w Cuban-Am Sug 8s.. 2 108% ol e Man] | Cor Mark | Mil M 98Y% ¥5 88 MK &Tadjss. ... MK&TprindsA. MEK&T6sC Mo Pacific Mo Pacific Mo Pacific Denver Gas Donner Steel 7s. Du Pontde N 7%s. Dugquesne EstCu ipire G& < Rubber Ss Y O Y Centribs. YCent deb 6s Y C & St Ldb 4s. N Y Cht L5%s. 95 New Havend 4557 New Havencd 6s.. New Haven w Haven Y Ont & W ret 4s 2 N Y Ry rf 4s ctfs. ew York Ry aj 5s Y Rysadj 5s ct.. Y State Ry 4% NY W & Bos 413s. Norfolk & W cn 4s. Norfolk & W cv 6s. orthern Pac 3s... orthern Pac 4s... Northern Pac 53 D. Northern Pacr i 68 Ore Short L ref 4s. Ore Sht L cn 58 '46. Ore-Wash 1st rf 45 Pennsyl con 1%s. . Pennsyl gen 43s. Pennsyl gen 58 Pennsyl 6%s. ... Pennsyl gold 7s. Pere Marq 1st 58 | Humble O&1 | 1linois Steel 4% Int Mer Marine 6s aper 58 '47.. - Lt 5s A 52 Keyser (J) 73 Kelly-Spring 8s. Liggett & Myrs T Lorillard (P) 5s. Lorillard (P) 78 Magma Cop cv 7S Manati Sug sf 7%s. Marland Ofl 7%s. . | Mexican Petrol 8s. Midvale Steel 5s. .. Montana Power 5s. Mor's&Co 1st 4%3s. Nat Tube Ist 35 New Eng Tel 55 N dl:\ 1st 63%s.. L H&P s, - wea Qomelramcananae @ Reading gen 4s. Rio G West cl 4s R1Ark & L4%s St L IM&S 4s°29... St L IM&S R&G 4s. SIL&SFplisA.. StL & SF prinbs. StL&SKFb%sD.. StL&SF adj 6s... StLeaSF inc 6s. SLL&SFplésC.. StLSW con 4s’32. StP & KCShL 4%s. StP Un Dep 5%s SanA&Arn P 48 Seab'd A L4ssta.. Seab'd A Liref 4s Seab'd A L adj 5s Seab'd A L con 6 Sou Pacific 4s "2! Sou Pacific ctl 4s. Sou Pacific ref 4s. . Southern Ry gn 4s. Southern Ry 1st b3 Southern Ry 6s ct. Southern Ry 6%s.. Term Asso St L 4s. Texas & Pac 1st bs. Third Ave ref 4s. Third Ave adj 6s... Tol StL & W 4s. Union Pac 1st 4s Union Pac 18t rf 45 Union Pac 4s'27... Union Pac 1st rf 58 10 Union Pacific cv 68. & VirginiaRyst6s . 6 Va Ry & P 1st 58 21 Wabash 1st 6s..... 7 Wabash 2d bs. 16 Western Md 4s....117 ‘Western Pacific 5s. 12 West Shore 1st4s. 8 Wheel & LE cn 4s. 21 Whel&LErf4%s 8 BETTER FALL BUYING IS REPORTED IN WEST Special Dispatch to The Star. KANSAS CITY, August 20.—Whole- salers report trade fairly good with evidence of quickening activity as Fall approaches. Large numbers of retailers are here for call market week which began Monday and pur- chases have been on a larger scale in lines which heretofore feit only a limited demand. Felt and blanket lined coats, mole skins, corduroy and unfinished woolens showed improve- ment, as did flanrel shirts, underwear and hoslery, N Y Tel 6s'41.. N Y Tel 68749 . North Am Ed 6s North Am Ed 6%s. Nor Ohio T&L 6s. . Nor States Pow is. Nor States Pow 6s. Northwst B Tel 7s. Otis Steel T%s. . Otis Steel 88.... Pacific Gas & E15s Pac T & T 1st 5s. .. Pacific T & T 5352 Pan-Amer Pete Ts. People’'s Gas Es. Phila Cob%%s '38... Phi Coref 68 A Phi! & Rdg C&I 5s. Pierce-Arrow 8s... Pierce Oil deb 8s... Public Service 5s. Pub Serv Elec 6s Punta Alegre 7s. Saks & Cosf7s Sharon Stl H 8s Sinclair Ol 6%s. Sinclair Oil 7s. . Sin Crude Oil 5%8. Sin Crude Oil 6s... Sin Pipe Line §s South Bell Tel 5s. Southwest Bell 5s. Steel & Tube 7s.... Tenn Elec Pow 6s.. Tide Wat Oil 6%s.. Unit Drug v 8s... U S Rub 1st rf 5s. U S Rubber 71s. U S Smelter 6s. USSteel sE55..... Utah Pow & Lt 5s. . va-Car Chem 7s... Vertiehtes Sug 7s. Warner Sug 7s '39. warner Sug 75 "41. Western Elec 5s... West'n Union 6%s. Westinghouse 78 Wickwire Spen 7S. Willys-Oy 6%s'33. Wilson & Co 1st Ls. Wilson & Co cv 6s. Wilson&C cv T%s.. Winchester A 7%s. 2 101% Youngstn S& T 6s. 13 96 —_— LOSES BIG SHIPMENTS. ST. LOUIS, August 20 (Special).— The Mississippi - Warrior Federal Barge line has been compelied to re- fuse shipments of 200,000 bushels of wheat to New Orleans owing to lack LT T 63 9 91 1024 98.2 1104 1087 74% S8 894 5318 584 101% %Y €3 94 91 102y 98Y, 110y 10874 % 98 89% 53% 58% 101% 5% 61% | % bushel, FINANCIAL TRADERS AWAITING U. S. COTTON REPORT Market Adyances Moderately on Drought News and Account { Balancing. By the Associated Press NEW YORK, August : ton market opened firm todiy advance of 10 to points newed covering promoted tively steady Li ical “storm uncerta plaints that the drous relieved in some pi tobe d up to o 5 but | market met som lern “and local were reactions from the best Private cables quiet market i {ing here was further evenin {advance of t port expected the Coton futures closed ste 2 20 selling accounts of 10 reported Liverpool and 1 attributed lar of accounts t crop re- October 5.45: Mareh, 25 > Trading in New Orleans. NEW ORLEAN: | cotton market tod but first trades were higher in sympathy w es than du In the definite news arding storm and the cause of un as to the character of the Govern- ment condition report du turda there was not much disposition to trade and prices gradually eased off to 24.93 for October and 25.00 for December or 3 to 6 points below yes- terday’s close. Increasing reports and weevil act influences. Cotton futures ¢ advan ~&'hc quieily verpoe th riainty of army were worn sed eteady ober wber January. Spot steady Sales on the spot, 1415, Low middling, good middling 771 bales; stock, corton CHICAGO LIVE STOCK MARKE CHICAGO, Au —United Department of Agriculture | Receipts, 14.600: moderately desirable & steady to with Tuesday's prices: ht, smooth packir { slaught igs stro no demand for lower gr bidding steady with point. or_around 10 1 : Top, 10.1 0 240 pe stron light king 150 an pig 5a10.00 140 good ghter butch 5.40a8.8 averages. strong w Do nd choice, dyweight ng: shipping de- slow, weak arl 11.00 € stee h receipts desirabl ers, steady mand br 15 lower | that_price handyw | yearlings, reased esday: heavies to sarly bid t top ve for w steers: bulk §.50210.50; fre by liberal h er fron she stock and bulls ste I steady te and outsiders p choice offerin 5 loads northweste adians; mostly ned fed includes n rangers and | stocker e | Sheep—¥ | steady: natiy butchers, culls, 19,00 lambs, bulk, ceipts, undertone 5.75a14.00 00; early teady; medium some held good rang sales, feeding lamb: zht feede 1 around 13. lower: GRAIN AND PROVISIONS, BALTIMORE —Po new, 40a80. B 1.65. Sweet po 850, Beets, per 100, 3.0 bage, per 100, 5.00a5.00 100, 3.00a5.00. Celery, basket, { 90al.00. Lima 00. Lettuce, cr: bushel, 1.20a1.50. 1.75. Peppers | ach, vasket, 50a65. Tomatoes 50 green, 40a50; packing stock, bushel, 90a1.00. Apples, barrel, | a2.00. Blackberr Pineapple, crate, berries, 12alb. 50. Melons, ntaloupes, basket, 40a1.2: Settling Prices on Grain. red, Winter, spot, Winter, garlick Winter, garlicky August barr (Specia 1.00: , bushel, 1.00a basket, "Huckle- . bushel, 1.00 100a75.00. Pears at a 1.26 per bushel; cargo red, Winter, garlicky, 1.26%; No. 4, 1.2 range to 1 on grade, at 1.291 . Ni 1.18%. Corn—Cob, old yellow, 6.50 per bar- rel; old white, 6. per barrel; corn, spot, no quotations; quotations; track corn, yelloy 137, Sales—Bag lots of white, delivered, bag lots of yellow, delivered, 64. rye, . old 5. Hay—Receipts, 11 tons. New hay arriving on the Baltimore market has to be sold strictly on its merits at a range of 16.00 to 19.00 per ton, as it is running too irregular. to be offi- clally graded. Old hay is mostly cleaned up with the exception of low- grade stock, for which there is little demand. Straw—No. 1 wheat, new, 12 No. 1 oat, new, 13.00a14.00. .00a13.00: DAIRY PRODUCTS. BALTIMORE, August 20 (Special). — Live poultry —Spring _ chickens, pound, 28a36: Leghorns, 24a30; old hens, 19a26; Leghorns, 19a2 roosters, 15; ducks, 15al ducks, 17a22; pigeons, pa Eggs — Native and nearby, free cases, dozen, 31. Butter—Creamery, pound, 37a39%: Dprints, 39%adl; nearby creamery, 30a37; ladles, 30a 32; store packed, 27: process butter, 34a35. good to fancy, COTTONSEED REPORT OUT Census Bureau Announces Con- sumption Figures. Cottonseed crushed during the year ending July 31 totaled 3,304,454 tons compared with 3,241557 in the pre vious year, the Census Bureau an- nounced today. Cottonseed on hand at mills July 3 totaled 21,534 tons, compared with 12,786 a year ago. Exports for the vear were: Crude oil, 24,512,813 pounds, com- pared with 2552300 the previous year; refined oil, 15,051,581 pounds, compared with 38717,956; cake and meal, 124,940 tons, compared with 226,683, and linters, 116,144 bales, compared with 41,438, this week. | 1s. | NORTH AMERICAN - OFFERS NEW ISSUE 1$10,000,000 in Stock to | Have $50 Par Value—Lo- cal Exchange Trading. By Amer “merican CHAS r. SHAEFFER. of $10,000.000 of North ‘ompany 6 per cent cum ferred stock, par value $50, | 1% being offered the public today. T wtoek preferred to assets and dividends Tt is being offered at $4s pe to vield 67; per cent, ued progress of the com- subsidia s reflected consolidated balance sheet of 0. 1924, made public this morn- mportant changes during the : months ended on that date jare the following | Prop d plant | amounte s ative xhare he conti pan and th June ccount, wh 081 increase | additions t |« i . and Bond Rights. Baltimore pany mac Interst ks settlement ude for addi- tlroad wa and Trading on Local Exchange. Preferred ¥ Nat Mortgag | recovered the Was >rhir fat | ported July Ass Tidewater Of 61 { Union Tank Car TREASURY CERTIFICATES. (Quotations furs 315 December 45" March 13 4% March 478 December (Quotation: Nominal gold value Selling checks today. Montreal, do Paris, frac ... Brussels, franc Berlin, & Rome, 0497 30 trillion D141 182 Copenhagen, crown . Stockholm, ‘crown . SHORTER DAY IN STEEL PLANTS NO HARDSHIP By the Associated Press. NEW YORK, August 20.—Presidents of the subsidiary companies of the United States Steel Corporation met here late yesterday to review the ef- fects of elimination of the 12-hour day in the industry. as disclosed in a recent survey by the Iron Age, and to discuss the corporation’s standard of the abolition of the “Pittsburgh plus” cost plan, recently ordered by the Federal Trade Commission. “After a searching Investigation.” said H ary, chairman of the corporation, “we think there is little occasion 1o complain in respect to the matter of elimination of the 12-hour day.” TRADE NEAR STANDSTILL. NEW ORLEANS, August 20 (Spe- cial). port trade with South Amer- ica is practically at a standstill, ow- ing to the revival of revolutionary activity in Honduras. . This is af- fecting trade with other Central American countries.