Evening Star Newspaper, September 8, 1924, Page 16

16 * MOVES CONFUSED - ONSTOCK MARKET Many Specialty Shares Sell Lower—Maine Election Factor in Trading. BY STUART ¥ Special Dispateh to The ¥ta; NEW YORK, September .—Further selling came into the stock market today. There W nothing in the over Sunday news to exert an in- fluence, although Wa'l Strect had a Zood deal to say about the voting in Maine today and the effect this might have upon s T principal v specialties of the ty National Enamelin Cocoa-C ot the ex the per cent. that 1t will be hefore the divi- up again and improvement in the stock sold quarterly JEREN but, notwiths: another two months dend question comes notwithstanding the second-quarter earnings, rather b Coca Col s to the s paying high dividend n with carnings. TU come intc Woolen class of com- rding | vent FINANCIAL. 1 Am wo NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Open. High. 85% 38 1% 8% % 59% 12 2% Low. Close. b65% b57% 16% 16 93% 94% 21% 22% 19% 22% 221 22% 1% 1% 83 83 2% 2% 14% 15 4% 45% 18% 19% 51% b2% 85% 65% 33% 34% 21% Low. Close. 85% 85% 38 38 1% 1% 8% K% 68% 691 58 58 13 34% 65% 40% . 25% 126% 1154 165% 247 5% 111% 1144 115% 611 7% Open. High. 55% b7% 16% 164 945 9% i 22% 22% 22% Adams Exp (6).. Adv Rum pf (3). Alr Reduct (4).. Ajax Rubber. ... Allied Chem (4). Allis-Chalm (4). Am Agricul Chm Am Ag Chm pt AmBNpf (3).., Am Beet Sug (4) Am Bosch. . Am Can (16). . Am Can pf (7). Am Car & Fy (12 Am Chain A (2). Am Drug Synd. . Am Express (6). Am & F P 259(7, AmFor P f pd(7) Am Hide & L pt. AmIce (7)., Am Internatl Am Linseed eed pf mo (6). Am Radiator (4) Am Saf R (50c), hip & Com. Sm & Re (5). Maxwell Mot A.. Maxweil Mot B. . May Dept St (5). Mex Seabd (2). . Mex Sea ofs (2) . Miann Cop (2). Middle St Oil. Midld Pr pf (8).. Minn & St Louis. Mis Kan & Tex. . Mis K & Tex pf. . Missourl Pacific. Missouzi Pac pf. Mont Power (4). Montgom Ward. Moon Mot (3).... Mother Lode 75¢ Nash Mot (10) Nat Acme. . Nat Biscuit (3) Nat Dairy (3).. Nat Dept Store: Nat En & St Nat Lead (8) . Nev Cons Cop. N Or T&M 1231 . N Y AlrBr (4)... NY-ABra®.. N Y Central (7). N Y C&StL (6). NYC&SLL pt (6). NY NH & Hart.. Norf & W (18) .. North Am (2.40) North Am pf (3). North Pac (5), Nunnally Co (1). Ohio Body & B.. Onyx Hosiery Orpheum (1%).. s Elev (n) (4) Owens Bot (3).. Am St Pdys (). Am Sugar... Am Sum Tob pf. Am T & Tel (9). Am Toha Am Type Am W, Am W e (6) len. Am Zine Anaconda AT Ameri another dr in Maxwell particula and the been going pearcd to have expected Daniel omitte rimed pool | any swly fo fotors did not make apport the stock little operation which has on in Jordan Me ap- n adoned. 1t it idend on Wil b sesday. The d. however. at the meetin company. it und is in goqd finay covering made ftsell but reports ng. is . sh STt eon bullish tocks, tion erate !h\w\: 3 pe prod in par that Lorely tall « {mportant pools. there was litth quarter durixs hoard was Marland was taken just under L e same Ipross who ad coup a week were taking settlement in cover. Chandler Dividend Gossip. Chandler Motor directors wi Tuesday n Cieveland for divide According to the Dbest available today they will aut the payment of at least something, but whether it will be at the rate | of $4 or $3 annually instead of the| presont $6 is not generally Known. | Earnings in the first half of were admittedly sufficient to cover dividends, but Chandler officials are| credited with the view that that was | a poor showing. Others take excep- i tion to this, considering the mar ked slowdown in the automobile industry. Speculators for the decline, search- | ing for weak spots, apparently found one in Cocg Cola. The usual pessimis- | tic talk about the continuance of the | current 8 per cent annual vhnd».nd‘ accompanied the break. In 1923 Coca Cola’s net earnings of $7.65 a share on the common were insutficient to cover dividend requirments. In the first half of 1924 earnings equalled $5.62 a share on the common as against $6.03 in the first six months of 1923. In the second quarter the net amounted to $4.13 a share against | $3.39 a year ago. Chandler Motors made another new low record, anticipating unfavorbale | action on the dividend at Tuesday's meeting. The best opinion, however, was that something would be de- clared. MAREKET CLOSES UNEVEN. hd the evie n was th pulled off in Colora 3 ant of the ¢ market the ral Politics and Weak Margins Are| Vital Market Factors. By the Associated Press. NEW YORK, September 8.—FPoliti- cal uncertainty and the impairment of weak margin accounts by last week's drastic decline contributed to the further selling of stock in to- day's stock market. Subsequent short covering, prompte by indications that many Issues had been oversold, | brought about an irregular recovery. | Sales approximated $00,000 shares. | The closing was irregular. A break of 3 points in allied chemical was Ig- nored in the late trading which was featured by good demand for the oils, motors, sugars and public utilities. Markets at a Glance NEW YORK.—Stocks irregular; sev- eral specialties break sharply. Bonds steady; Libertys and first-grade ralls higher. Foreign exchanges heavy; sterling at new low on move. Cot- ton weak; bearish Government re- port. Sugar higher; firmer spot mar- ket. Coffee irregular; near months, covering; distant liquidation. 1 CHICAGO.—Wheat fir higher cables. Corn steady; bullish visible supply. Cattle irregular. Hogs mostly lower; large receipts. SOUTHERN’S EARNINGS UNDER 1923 TOTALS By the Associated Press. NEW YORK, September $.—Rev- enues of the Southern Raillway de- clined $850,863 to $15,865,197 in August, compared with the same month last yvear. In the eight months ‘of 1924 the total of $122,- 139,290 was a drop of $9,153,323 under the corresponding period of 19z3. Sales of F. and W. Grand 5-10-25- cent stores in the first elght months of 1924 were $3,715,457, an increase of 25 per cent over the same period last year. SEES 1924 AUTO OUTPUT NEAR 1923 FIGURES By the Associated Press. NEW YORK, September 8.—Stewart McDonald, president of the Moon Motor Car Company, estimates |that automobile production in 1924 will come within 10 per cent of the output in 1923 which, although the banner year in the industry, slumped heavily in the last six months. Sales for the last six months of this year, he stated. should exceed sales in the corresponding period of 1923, NEW YORK EGG PRICES. NEW YORK, September §.—Eggs, steady; receipts, 7,107 cases. Fresh ' gathered, extra first, 38a41; do., first, 35a37; do., seconds and poorer, 28a34; nearby hennery whites, ciosely se- lected, extras, 55a58; nearby and nearby western hennery white, firsts to average, extras, 42a54; nearby |Chi R 1 & Pac | Cub Am Sug (3). 14 Pacific OIl (2) 25% 28t % | 'Packard (1.20) 1084 W 1035 | pan-Amer (4).. S ™| Pan-Amer B (1) 1304 Park & Tilford. . 4% Parish & B stpd. 87 PennC & C (4).. 1194 Penn Railrd (3) Pith Penn Seab Steel. 59 1% 51 FEN 1064 AT & N Fe (8). Atl & At At Coast L (t8). At Gul Atlantic Refin Bald Loc 237% 44l 1% L 101% 17 62% 81 re Marg (1), Pere M pr pf (5). Phila Co (4). Phila& R & 1 Phil Mor (50¢). . Phillips Pet (2). Pierce-Arrow. .. Picree-Arrow pt P-Ar prpf (8). Picree Oil Pierce Oil p Pitts Stl pf (7) Pitts Ut pt (1.20) Pitts Ut etfs 1.20 Pitts & West Va. P& W Va pf (6). Postum Cer (4). Press Steel C pf. Prod & Refiners. Pub Ser N J (4). Public Serv rts.. Punta Al Su (5). Pure Oil (1%) Ry Stl Spg (8).. Ray Cons Cop Reading (4). S1% ather Co. a Co pt. 10 de Pasco(4) rt-Td 1st (7).. 1and Mot (6).. hes & ORio (4). & Aiton {Chic & Alton pf. Chic Gt West pf. Ch Mil & St Paul ChiMIl & St P pt. Chi & Nwn (4). 40 10 15% 15 244 60 29% 5% 43 81 32% 58% 2% 36% £o0 1pe (2). lleu Rob pr (7) Remington Type Rem T 1st pf (7) Remin'n 2d (8) Replogle Steel Rep It & Steel. Rey Tob B (3) . Roy Dtch (3.46). St L San Fran... St L-San Fr pf. St L Southwest, St L S'th pf (5) Savage Arms ¥chulte (8). Seaboard AirL.. 134 Seab'd Alr Lpt.. 27 Sears-Roebk (8) 101% Shell Un Ofl (1). ~16% Simmons Co (1). 24% Simms Pet. 14 Sinclalr Oil. 17% Skelly Oil...... 18% Sloss-Sheff (6).. 697 outh Pac (6)... Southern Ry (5) South Ry pf (5). Std Gas & Ei (3) St Oil Cal (2) StOilNJ (1) StOilNJpf (D). std P1Gl (15¢) Sterling Pr (4) Stew't Warn (5). Stromberg C (3). Studebaker (4) Submarine Boat, Superior Oil..... Sweets Co of Am Tennessee Copper Texas Co (3).... Tex Gulf (16%). Texas & Pacific. Tex & PacC & O. Tide Wat Oil (4) Timken (13%). ‘Tob Prod (6).... Tob Prod A (7).. Transcont Oil. Transue & W (3) Twin City (4)... Underwood (3).. Un Bag Pa (6). Un Pacific (10).. United Drug (6) Utd Fruit (10).. Utd Ry Invest. Utd Ry Invest p! U S CastIronP. U S Distributing S Ind Alcohol. R &1t (1) Rubber. . R 1st pf (8) CRI&Ppt(6). ChStP Min & O.. C StPM&O pf (T) Chile Cop (2%) . | Cluett, Peab (5). | Coca-Cola (7). Colo Fuel & Iron Colo Southern... 35 Col G & E (2.60). 40% Com In Tr pf (7) 101 Com Solv A (4).. 60 { Congoleum (3).. 45 Conley Tin Foil. 11% Consol Cigar.... 1% Consol Gas (5).. 70% Consol Textile. . Cont Can (4).. Cont Mot (20c) Corn Prod (2). Cosden Co. Crucible StI (4) . 98% 65% 4% 857% b57'% 354 118% 26% 61 5214 31% 14% 63% 59 49% 12% 43% 142% 109% 15% 126% Cuban Cane Sug. Cub Cane Su pt Cushmans (3). Cuyamel Fr (4). Dan Boone M (3) Davidson Chem. DelL& W (6).. Det Ed Co (8) Dome Mines (2). DuPtdeN (8).. Du Ptde N db (6] Eastman (17%)... Eaton Ax (1.60). El Stor Bat (4).. Em Branting pf. Erie....... Erie 18t pf Fairb’ks (2.60).. Famous P! (8).. F'd M &S pf (7). Fisk Rubber...... Fisk Rubber pf. Fleischman (13%) Foundation (6) . Freeport-Texas. Gen AmTC 3). Gen Asphalt.... Gen Cigar (8)... General Elec(8) Gen El spe (60c). Gen Mot (1.20). Gen Petm (2) Gimbel Bros. ... Gimbel Br pf (7) Glidden Co. Gold Dust. Goldwyn Pict Goodrich. ... Goodyear p¢ Granby Consol. Gt North pf (5) Gr Nor Ore (3)... Grt Wstn Su (8). Gt West S pf (7). Gulf Mo & Nor.. Gulf St Stl (3). Hartman Co (4). Hayes Wh'l (3). Homestake (7) Househ’d Pr (3). Houston OIl. . Hud Mot C (3).. Hupp Mot C (1) Hydraulic Steel. 111 Cent pt (6).. Indep Oil (1).. Indiahoma Ret Indian Refining. Inland St (2%). Inspiration Cop. Interb Rap Tr. Internat Ag new. Internat Ag pf. Int Bus Ma (8). Int Cement (4).. 49 Int Com Eng (2) 26% Internat Har (5) 92 Int Mer Marine.. 9% Int Mer Marpf.. 38% Internat Nickel. 17% Internat Paper.. 44% Int Rys C Am (5) ld% IntT&T (6). Intertype (11%). P Invincible Ofl... 12% Jewel Tea. .19 Jewel Teapf.... 934 Jones Bros Tea.. 18 Jordan Mot (3). 80 Kan City South.. 20% Kelly Spr Tire.. 16% Kenne Cop (3).. -46% Kinney GR Co.. 7l% Kresge Dep Str. 48% 52% 61% Len Val (3%)... Lig & Myrs (3).. Lig & Myrs B (3) 61% Lima Loco (4)... 59 Loews Inc (2).. 116% Loft Incorpor... 6% Loose-Wiles Bis, 63 Lorrillard (3). 88% Louls & Nash (6) 97% Mack Trucks (6) Mack Trucks rts. 254 11 14% . 40% 56% 103% 9 39 16 23 57% 18 64 29% 86% 106% 16 1% B4% 34% 43% 84 70% 28% 12% % 110 % % - 6% 85% 26% 25% 6h 8% 1004 U S Steel (16) U S Steel pf (). Universal Pipe.. Utah Securities. 17% Vanadium Corp. Va-Caro Chem.. Va-Caro Ch pf.. Va Ry & Power. Vivadou. Wabas| Wabash pf A. Wald Sys (1%) ‘Web & Heilb(1). Wells Far (2%). West Pen (4)... West Pen pf (7). ‘West Maryland. Western Pacific. West Pac f (6). West Air Br (6). West E& M (4). Whl & L Erie... Wheel & L E pf. Wh Eag Oil (2). White Mot (4). Wickwire Sp 8tl. Wilson & Co. Wil & Co pf 25% 1% 4% 66% 6% 15 424 15 15% 41% 78% 93% 10% 21% (3] 924 61% 11% 21 24 61 1 5% 17 8% 6% 109% 29 11% % % % 5% 27 26 % 9% 100% 49% 26% a1 9% 38% 17% 46% 15 81 29% 13 19% 96 18% 29% 20% 16% 4% 2% 4% 52% 62 61 59% 17 6% 64 38% 98 94% 2% 36 91 9% 38 17% 44% 14% 81 29% 12% 19 93% 18 29% 20 15% 46% % 46% b52% 61% 60% 59 16% 63% 63 38% 9% 1% 2% Woolw'th n (3).. 108% Worthing P'mp. 28% wright Aer (1). 11% Wrig W Jr (3).. 4l% 4 41 Yellow Cab (6).. 50% b61% 60% b51% {Partly extra. $Payabie in preferred stock. Dividend rates as given in the above table are the annusl cash pavments based on the Iatest quarterly or balf-yearly declarations. Unless otherwise moted. extrs or special dividends are not included. 10“ 107% 28% ll% 11% 41% FISHER’S PRICE INDEX. NEW HAVEN, Conn., September 8 (Special).—Last week's prices av- eraged 147.9 per cent of pre-war level. The purchasing power of the dollar was 67.6 pre-war cents. Crump’'s index number, 157.3, Irving Fisher reports. —_— MAXWELL'S EARNINGS UP. NEW 'YORK, September 8.—July earnings of the Maxwell Motor Cor- poration amounted to $609,869 after depreciation and interest. This is at 48% 62 61% 60% 17 636 64 38% 928 9% 2% 86 hennery browns, extras, 45a50; Paci- fic coast whites, extras, 52a53; do., firsts to extra firsts, 42a51; re(rlganp tor, extra firsts, 343%a35; do., firsts, 83%as¢. Magma Cepper. Man EI Sup (4) Manhat-Shirt (3) Maracaibo Oll... { Marland Oll.. 34% 43% 41% !“ B4% 34% 27% _28% uu T s2u 84N an annual rate of more than $7 a share on the outstanding class B stock after depreciation, interest, taxes and allowance for 8 cent dividends on the class A st 434 27% | continued in Pierce 1% points, | forei | companied Dr. | Wright. THE EVENING STAR, WASHINGTON; D. C., MONDAY, SEPTEMBER B8, ' 1924. HIGH-GRADE BONDS | Cox v vore BONDS srocx mxcases] START WEEK WELL New Government Financing Helps Liberty Loans. French Liens Heavy. L ) Special Dispateh to The Star. NEW YORK, September 8.—Prices for high-grade investnrent bonds were firm in today's quict market, but dealers were not especially con- fident of the futur One of the principal financial ad- announced its opinion that high-grade honds were at their peak and that quotations might be expected to decline, basing this analysis on the money outlook. There were no such sikns in today's market. however. Savings bank and railroad Issues were strong, with one or two exceptions one of the latter heing New York Central 3t which dropped back a point. HUGHES, Liberty United States Government bonds also were steady. The fact that the tiovernment will do its new ing on a per cent basi same rate three months ago, helbing the Liberties, In the foreign Bonds ongz. 2! £Toup Kreneh bon, neh 7Tias helow 102, 1 W Be an 6lis were still In nd United Kingdom 5%s of 1937 were er. alative rails were more or less ‘tionary, especially International tt Northern adjustments. St. Saul ues heavy. New Ha re low St Lout Franciseo incomes advanced 1o £t of the gain. Line 65 so'd down Third Avenuc adjustments on more talk about bus s were 85 rallied. Hershey the high of the at redemption heaviness with the san ind then Arr Seaboard 6x Ar YORK, ! buying Weak, mber high grade a firm tone dini w al Railroad 3 advance with with Union | 5 —Re- railroad to the = resumed ‘W Jersey 3 of and certible led the first 4s, 63 and “Big Four” 4x Join ing in the upward movement. Heavi- marked trading in some of the peculative issues, including rd 6s, International Great Northern adjustmtnt 6s and St. Paul convertible The new Belgian ' 614 ag list in vity, re al new high level at 955. French and South American issues were fraction- ally lower and Liberty bonds were irregular. *| KENSINGTON. KENNSINGTON, Md., September 7 (Special).—Rev. Dr. George W. Atkin- son, former pastor of Christ Episcopal is convalescing after undergo- rious operation at a local hos- pital. Dr. Atkinson recently returned from Europe, where he and Mrs. Atkin- son have been traveling the last few months. The Kensington Grammar School will open Wednesday. A meeting for the county teachers will be held in the Rockville High School tomorrow and Tuesday. The teaching staff for the Kensington School consists of Mrs. Grace L. Ryan, principal; Mrs. G. W. Rose, Mrs. ‘G. M. Flynn, Miss Lillian Sage, Mrs. Clinton Howe and Miss Vir- ginia Karn. Dr. W. W. Skinner, who returned a few days azo from Chattanooga, Tenn., where he attended the State-food offi- cials' convention, left yesterday by motor for Ithaca, N. Y., to attend the Fall meeting of the American Chemical Society at Cornell University. He ac Williams J. McBride, | president of the Washington chapter of the society. The ladies of the Warner ,Memorial Presbyterian Church will hold a bazaar in the Sunday school room, Friday, No- vember 21. The Capitol View Citizens' Associa- tion will hold its first meeting for the Fall Friday at the home of P. G. Mrs. Jesse W. Nicholson, president of the Woman's Democratic Club of Montgomery County, has returned to her home in Chevy Chase after a trip to Cumberland, Frostburg and Oakland, where she went to organize clubs for the United Democratic Women of Maryland of which she also is presi- dent. The State club will hold its Fall meeting in Frederick, Wednesday, Oc- tober 1, in the Francis Scott Key Ho- tel. There will be a morning session at 10 o'clock, with a luncheon at which some prominent speaker will be pres- ent. The luncheon will be followed by an afternoon session. The annual luncheon given by the Woman's Democratic Club of Mont- gomery County will be held October 29, at Wardman Park Hotel. The first meeting for this school year of the Kensington Home, School and Community Association will be held the first Friday in October. The Ladies’ Ald Society of the Baptist Church will meet Tuesday morning at 10 o'clock at the home of Mrs. William F. Matthews. The League of Women Voters met Wednesday at the home of Miss La- vinia Engle, at Forest Glen. Among those leaving here soon for college are: Miss Elizabeth Williams, Virginia College; Miss Eleanor Dob- son, University of Wisconsin; Miss Marion Fisk, Oberlin College; Miss Elizabeth McCulloch, Miss Helen Price and Miss Edith Ray Saul, Goucher; Edmond Noyes, University of Chicago; Warren Adams, Colorado School of Mines; Martin Ryan, Uni- versity of Pittsburg; David Warthen Washington and Lee University; Lloyd Hyatt, John Hopkins Universi- ty; Haile Chisholm, University of Pennsylvania; Edwin Ronsaville, Roy Dougall, Edwin Pugh, Winship Green and Hale Darby, University of Mary- land; Ernest Fisk, Oberlin College; Bradford Armstrong, Massachusetts Agriculture College. Col. Edgar Conley and family of Fairland will leave Tuesday for Fort Oglethorp, Ga., where he will take up his new duties. Among those, who will take part in the program for National Defense day, Kensington, are: Dr. Eugene Jones, Capt. C. V. Sayer, Mayor Paul D. Kelleter, Ralph.H. Chappell, Dr. Willlam L. Lewis, C. W. Clum, Mrs. E. L Pugh, Mrs. W. W. Skinner, Mrs. Jesse W. Nicholson, Miss Edith Par- sons and Mayor Benjamin Durr of Garrett Park. Mrs. Roy Graves and Mrs. E. V. Pugh, formerly of St. Louis, but who recently moved to Chevy Chase, Md., will have charge of the musical program. Rev. Father Thomas Smith of the Blessed Sacra- ment _Church of Chevy Chas: Rev. Robert Atkinson of the Warner Memorial Presbyterian Church will give the opening and closing prayers, reapectively. McCRORY SALES GAIN. NEW YORK, September 8.—August sales of the McCrory Stores Corpo tion increased 19 per cent to $2,059, 761, compared with August, last year, and in the eight months of 1924 18 per cent over the same period of HII, to $14,683,949. win led the | (Fractions Example: Lib33%s Lib 2d 48 Lib 1st 4% Lib zd 4%s Lib3d 41 Lib 4th 435 US4%s 1952, Argentine 65 '37. Argentine 7s Austria 7s Belgium 6s. Belgium 614, Belgium 7hu. Belgium 8s. Berne 8s. Bolivia 8s. . Bordeaux 6s Brazil 7s. ., Brazil 7%s. Brazil 8s. . . Canada 55 1926 Canada 5s 1931 . Canada 55 1952 Canada 5145 1929 Chile 7s 1943, Chile 85 1926. Copenhagen 5% ba 5%s. . Czecho 8s 195 ©zecho 8y 1952 Denmark 6 Denmark &s.... .. Dutch ET5%s..., DEI5%sct...... Dutch Bast I 6s'47 nland s f 6y 1945, american 7%s. . French Govt 7igs. ., French Govt 8s. Haiti 6s Holland-Amer 6s.. Hungary 6138 %S Jergens U M 6547, Lyons 6s Mexico 4s 10 a\hl\l Montevideo 7s Netheriands 6: Netherlands 6 Norway 6s 1943 Norway 65 1944 Norway 651 Nor y 8s | Orient Dev deb 6s. Paris-Ly's-Med 6s. Prague T%s. . Quecnsland s Queensiand 7s. Rio de Jan 8s 19 Rio de Jan $s 194 I ir Do Sul 8 o Paulo City 3s. . Sao Paulo State 85, ne Dept. of 7s. rbs Crotes Slo 83 |Sweden 6s. . | Swiss 5% 1946 Tokio 55. Kingm 5% Ud Kingm Steam Copen 63 9. Am Agr Chem 53 Am Agr Chem 7% Am Chain s f 6s'33. Am SmIt&R 1st 5. AmSmIt& R 6s Am Susg ref 6s AmT& Teltris Am T&T cl tr5s. AmT & Tdeb5%s. Am Water Wks 5s. Anaconda 1st 6s. | Anaconda cv db 7s. Armour & Co 43%s. Armour of Del 5 %8 Associated Oil 6s. . Atlantic Refin 5s Bell Tel Pa 5s... Beth Steel pm 5s. Beth Stéel rf 5s.. .. Beth Steel 5325 '33. Beth Steel s £ 63 Brier H St 1st 515, Bklyn Edison 7s D. Bkiyn Ed gen 5: Bush T Bldg is"60. Calif Pete 6%s. . Central Leather 5s Chile Copper 6s. .. [CinG & E5%s'62. ol Gas & El §s.... ol Gas & El 5s Sli Commonwth P 6s.. | Consumers Pow 55 Con Coal Md 1st 5s. Cuba Cane cv d 8s. Cuban-Am Sug 8s. Denver Gas 5s. Det Edison ref 6s. . Du Pont de N 73s. Duquesne Light 63 Est Cuba Sug 7%s. Empire G&F T%s.. Fisk Rubber 8s.... Francis Sug 7%s Gen Elec deb 58 Goodrich 6%s. . Goodyear 8s 1931 Goodyear 8s 1941.. Hershey 6s 1942, i Illinois Bell 1st 6. fllinois Steel 433.. Indiana Stcel 55. .. Int Mer Marine 6s. Inter Paper 58°47..« KCP&LtSsA 52 Kan G & El 6552 Keyser (J) 7s. .. Kelly-Spring 8s. Lackawa S 55 '50 Liggett & Myrs Lorillard (P) 5s. Lorillard (P) 78. Magma Cop cv 78 Manati Sug sf T%3. Midvale Steel 55 ct. Montana Power 5s. Mor's&Co 1st 4335, NYG EL H&P bs. .. N Y Eden 1st 6%s.. N Y Tel 4%5. ... N Y Tel 65'41.. N Y Tel 6849. . North Am EQ 65 North Am Ed 6% Nor Ohio T&L 6s. . Nor States Pow 5s. Nor States Pow 6 Northwst B Tel 7 Otis Steel 7%S. ... Otls Steel 85 Pacific Gas & E1 53 PacT & T 1st6s... Pacific T & T bs '52 Phila Co 5%s '38... Phila. Co ref 68 A Phil & Rdg C&I 6: Plerce-Arrow 8s... Producers & Rf 8s. Public Service 5s. . Pub Serv Elec 6s. Punta Alegre 78 Saks & CosfTs Sharon Stl H 8s. Sinclair Oll 648, Sinclair Oil 7s. Sin Crude Oil 6%s. Sin Crude Oil 6s Sin Pipe Line 6s. So Por Rico Sug 7s. Southwest Bell 5s. Steel & Tube 7 Tenn Elec Pow 63 Unit Drug cw8s... U S Rub 1st rt 6: U S Rubber 7%s. U S Smelter 6s USStecl sf6s... Utah Pow & Lt 5. Vertientes Sug 7s. ‘Warner Sug 7s '41. Western Elec 5s ‘West'n Union 631 ‘Westinghouse 7e. ‘Wickwire Spen Willys-Ov 6 ‘Wilson & Co 1st ‘Wilson & Co cv. ‘Wilson&C cv 7%s. Youngstn & & T 6: «. 166 102 305 101-5 368 102-3 926 102-6 104 105-4 FOREIGN. Sules. High. .18 24 3125 °37. 5% 7 32 8 16 - ESronlnen o - N NOR®D RN SR~ GRWR O~ - » Rouwau 1S oR TR 1 LT o) thirty - seconds. 100 101 Low. Close. 8 100-29 101 101-29 102 9k 1038 9914 91 96 94 103% 100~ 9Th 101% 102% 91% 984 100% 1013 102 102-3 10 1051 u 101-4 1023 Law. Close. 93 102% 944 1005 95 108% 107% 109% 9314 88 81 100y 964 101% 1027 1027 103% 97% 103% 94 9614 100 99% 100% 110% 8914 89'% 96 MISCELLANEOUS, 49 93% 96 43% 103% 100% ¥7% 101% 102 sy 98 100 & 91% 101 99 97 17 99 83% 974 80% 99% 112% 96% 106% 107% 954 100% 87 93 103% s 108% 32% 101% 28 110% 108% 1% 93 88 48 50% 95% 89 94% 924 98% 1% 93% 101% 98% B5% 109% 104% 101% 108% 104% 102 85% 9% 100% 100 844 102% 96 105% 97% 115% 834 103 101% 104% 91 92 63% 32 90% 101% 9% 110% 108% 0% 974% 87% 48 50% BK 93 102 94% 99% 1125 9614 1064 107% 95% 100% 89 98 108% 108% 89 941 83 98 % 94 101% 99 85% 109% 104% 101% 108% 104% 102 86 9214 100% 100 l:‘“ 2; 86" 106% 97% 115% 83% 103 102 104% a1 92 63% 82% 90% 11 97% 110% 108% 0% 97% 874 48 50% 95% It pays to read the want columns of ‘The Star. Hundreds of situations are obtained through them. 'y Tow jTowa ¢ RAILROADS Atchison adj 4s. Atchison gen 4s. Atlantic C L 15t 4 B&Oprin3s B & O gold 4s. B&Ocv4n 30 a5 49 6 8 3 13 54 7 9 15 a8 7 c O PLEWY in O SW div 3% Eklyn-Manhat 6s Buff R & Pitt 4% anad North 6. da North 7s.. d Pac deb 4s, Car Clinch & O 68 Central Pacific 4s Ches & O cv 4%s. . Ches & O gn 4%s. . Ches & Ohlo cv 68 Chi & Alton 315s. Chi B&Q gn 4558, CEB&Q-I11 345 C B & Q-Tldiv s Chi B&Q 1st rf 53. Chi & E 111 gn 6s. Chi Great West ChiM & St P 4825, Chi M&SL P 45 '34 CM &St Pdb4s Chi MESt P ev 43 M& St P gn 4%s, Chi M&St P rf 4128, Chi M & St P cv 5s. ChiM&SLP6 Chi & N W ref 5s. Chi& N W 6%s.... CHfRysibs........ ChiRI&Pgnds ChiR1& P rf 4s. ChiTH&S Chi Union Sta 5s. ChiUn Sta 6%z, Chi & W Ind cn 4s. cec < SUL rf 65 A Cleve Term bs Cleve Term 5Ys. Cuba R R 5s.. Del & Hd 1st rf 4s Del & Hudson 513 Den & Rio G cn 4s. |h~\1 &Kt D 4s irie 1st con 4s ric gen 4s rie conv 4s B rie conv 4s D. tie con ext 73 irie & Jersey it Trunk <f dh 6s. Grand Trunk 7 | Great North Su N ~ FaZanSagntelaade Hud & Man ref 5s. Hud & Man aj 11l Cent ref 11 tral 5%s. fnt Rap Tran 5s Int Rap Tr 5 Int Rup Tran 7 Int& G mt&G 1o Nor aj 6s.. Cent rf 4s. © RownRSnoNmw Kansas City an City Term 43 Lake Shore 45 '28 Lake Shore 4s 31. Louis & N uni 4s .. Louis & N 55 B Louis & Nash t StRy s & St I, 1st ref 4s MK&ToprinbsA. MK &T6sC. Mo Pacific gn 48 Mo Pacific 55 '65 Mo Pacific 6s Montrl Tm 1st 5. N Y Cent gen 3%s. Y Cent cn 4s'98 Y Cent deb 4s Y Centriss... YCent deb 6s. YC&StLdbis N Y Chi & SL5%s. YC&StL6s New Haven d 4s New Havencd 6s.. New Haven 7 ew Haven 7sfr.. Y Ont & W ref 48 Y Ry rf 4s ctfs Y State Ry 4%s. Y W & Bos 434s. orfolk & W cv 6s. orthern Pac 3s. orthern Pac 4s. or Pac 41¢s 2047, Northern Pac os D. Northern Pac ri 6s Ore & Calif 1st 58 Ore Short L ref 4 Ore Sht L cn 55 '46. Pennsyl con 4%s. Pennsyl gen 4%s. Pennsyl gen 5s. Pennsyl 6%s Pennsyl gold 78 Peie Marq 1st 6s. Reading gen 4s. Reading gn 4%s. RIArk & L 4%s. St LIM&S R&G és. StL&SFpldsA StL &S F prinbs StL&SF5%sD. StL&SF adj 6s. StL inc 68 St L pl 6s StL on 4s'3: StP & KCShL 4%s. StP Un Dep 5%s. . San A & Arn P 4 Seab'd A L 4s sta.. Seab'd A L ref 4s.. Seab’d A Ladj 5s.. Seab'd A L con 6s. Sou Pacific 48'29.. Sou Pacific ctl 4s.. Sou Pacific ref 4s.. Southern Ry gn 4s Southern Ry 1st bs Southern Ry 6s ct. Southern Ry €%s.. Sou Ry Mobile 4s.. Term Asso St L 4s. Third Ave ret 4s Third Ave adj 5s. Tol St L& W 3%s TolStL & W ds... Union Pac 1st 4s. Union Pac 1st rf 4s Union Pac 45°27... Union Pac 1st rf 53 Union Pacific cv 63 Virginia Ry st Va Ry & P 1st 5s ‘Wabash 1st s Western Md 4s ‘Wilkes-B&E 1st 5 Wiscons‘n Cent 4s. «®SF &SF SW Aluminum Co. of Amer. 7s l Alumioum Co. of Amer. American Sugar Gs 1937 American Tel. & Tel. 68 1925 Anaconda Copper 6s_1020. Anglo-American Oil 7%s 19 Almll!ed 0il Gs 1935. Tel. of Canada 19 adian Northern Gentral Leather Chi., Mil_ & St. um & b Du Pont 7s 1931. Federal Sugar Ref. 0s 1933 Fisher Body Corp. s 1927 Fisher Body Corp. 6s 1035 Goodyear T. & R. 8s 1831 Great Northern 75 1936. Gult 0il Corp. of Pa. 5 Homble Oil 5% 193 M., St P. & 63 1031 Mornis & 5“1t odo New York Central 6s 1933 Oregon Short Line 4s 1029, Pennsylvania R. R. 7s 1030, Pure Ol 5%s 1925 (August). Switt & Co, 5s 1062 Tidewater Oil 67 Union Tank Car U. 8. Rubber 7 Western Union Westinghouse E. Wheeling Steel 6s > 130, 1936. ‘fin“ 1926, ules. High. Received by Private Wire Direct to The Star Office. (Bales are 1o $1,000.) UNITED STATES BONDS. represent 98-3 means 98 3-32.) Sules. Low. Close 82% 2% 89 ¥2 89% 89% 99% 100 1% 8T% 88% #x% 85 5% 102% 1024 100% 100% 82% £2% 99% 997 9 79 8% 87% 116% 116% 116 116 B0t RO% 99% 100 100% 115 e 9T T 102% ey 105 e 881 1014 T8 105% 101 973% 102 934 927% 102% 110% 109% 96% 944 92% 80 828 69% 854 931 79% 73% 4 102% 10214 85 8% 99% 8 70% 55% 604 80% 97% B4y £8% 3% 99% 85 8% 994 9% 70% 654 60% 80% 97% 4 102% 106% 81% 834 56% 49% 99% 82 91% 854 9 103% 104% 947% 944 100% 64 81% 81% SHORT-TERM SECURITIES. (Quotations firnished by Redmond & Co.) —Noon.— Bid. Offer. 108 103y 106% 10015 119 103% 02 100% 915 T 81, BBt If you need work, read the columns of The Star. .32, er\AN(..lAL. —_—————————— COTION FUTURES 1. S. SAVES IN SHARP BREAK IN FALL FINANCING Government Crop Regort $350,000,000 of 2 2 3-4 Per Causes Heavy Selling in Cent Certificates to Redeem Leading Markets. 5 1-2 Per Cent Obligation. Press YORK., September 4 ent crop report on followed by a sharp bre market here todny. Trad orders, which had factor around th October contracts days, were evidently the price broke to market in the early net declines of 75 to 83 points Cotton futures closed LABRETETS The withdra hand, matur- nterest of ap prem 1 66 cient the A also Fments on proximitely $150.000.0 000 in he in October Vember, Prrsa H fairly ste « Governmen just before | .74 and | he market prior to th report, Octol the fizures wer Decembe at Within of the receipt of the « condition jeld of 12, lined os About h ned, ho -ssion the marke tion to oft to th second subsequently to new low. 3 points dow before ! Mention. William Picrson of Miam rd and son, Fla.. promin and hoth we at the sident has re in the to 23 of the Liberty Nail and 67| turnea from a v loss wias soon | New cr, but toward mi t showed 2 disp in and just prior | sojourn at s = @ 10-da a loss of 69 atiog If the tongs ates Arr of the Continental from the the bureau price report morn < chan d a net - da weakness quidation by di W considerable he mount ginned to September 1— 204- hout whit was exy The market made only weak tempts at rallying during the noon and in the earl ter- | in weakened, making new |, or the day at S for October | 254 for December or 98 to 101 below Saturday’s clo; a was due to continued | by disappointed long who expected a lower crop indicati than that issued by the Government. | The movement of the crop to market | r and hedge selling is in- as a natural result | 1 futu closed steady at nes of 95 to 101 points, H n i was attributed ay ® inted at- ward to hour lower, Lanston Monot k sold at 166 and Lond transactic s were confined to [ utilitics at Hed unchanged prices 12, 787- BALE CROP IS NOW FORECAST Cotton has month of A 58 = ‘Um in that month last y % ] and less than the average August of December, 23.85; \lhe last 10 years, resulting in a fore- May, 2401, |cast today” by ‘the Department of | Azriculture of 12,877,000 bales, equi- lent to 500-poun bales fur this |Reaunns crop. That is 165,000 bales less than forecast from the condition of the crop in the middle of August, and 000 bales more than pro- vear. = condition of the crop on Sep- ber 1 was 59.3 per cent of a no mal, indicating an acre vield of 151 jpounds. The August 16 report this ar placed the condition at 64.9, in- beans, bushel, 3.25a3.75; lettuce, crate, | dicating an acre vield of 1535 pounds 1.00a2.00; peppers, basket, 25a40:|and a crop of 12,956,000 bales at that peas, bushel, 1.50a2.00; spinach, bas- | time. Production was 10,128,478 bales ket, $0a90; squash, basket, 35a45:|last vear when the condition was tomatoes, basket, 40a70; packing| August 25, the nearest com- stock, bushel, 90a1.00. e date. barrel, 15024.00, bushel, totaled 1.142,660 running P damsons, pound, 3a3%; black- | bales to September 1 last year. Round 10a14; grapes, basket, | bales included in this yvear's ginnings N ricbetiics. quact) totaled 36,761, compared with 5 basket, 50as3, bushel, last year. cantaloupes, basket. The condition of the crop on Sep- basket, 40a1.00; bushel, 1.30a | tember 1 and the forecast of produc- u«-n hd‘ud thereon (in thousands of ¢ States, follow condition. 65, and . 41 bales: North (‘|rnl)n1 58 xnl South Carolina, and 767: rgia, 64 and 1.209; Florida, 72 and Alabama, 61 and 948; Mississippi, 60 and 1.033; Louisiana. 47 and 371; and 4,284; Arkansas, 66 and Tennessee, 65 and 421; Missours, ' and 228; Oklahoma. 70 and 1.289: California, 76 and 61 rizona and 89; Now Mexico. 85 and 63; all other . 77 and 17 About 6§8.000 bales additional to California are being grown in Lower California (Old Mexico) net deel Low. passed 18t SeIth Te = throush March May Opent January GRAIN AND PROVISIONS. BALTIMORE, Md, Septembef §| *otatoes, new, barrel. 2.00 el, 40a83; sweet potatoes barrel, 2.00a2.50; beans a1.40; beets, 100, 3.00a4.00: | 100. 3.00: carrots, 100, | orn, dozen, 12a35; celery, 5; cucumbers, basket, basket, 63a7 . 2393 October, £8; March, bushel, cabbage. 3.00a4.00 bunch, 25a7’ 85; cgeplant, Settling Prices on Grain. 2 red Winter, red Winter, garlicky, 3 red Winter, garlicky, orn—Cob, old \(lIOW 6.50 old white, 6.35 per barre corn, spot, no quotations; No. quotations; track corn, yellow, 1.35. Sales—None. Oats—No. 2 new bushel. R; spot, 1.0 Hay—Receipts, 45 tons. The qual- ity and condition of new hay shows improvement. Some hay grading high No. 2 timothy, which brin; top prices, 16 00 to 20.00 per ton. In comparison with the demand, how- | ever, present receipts are more lhn)\l ample for trade wants. Low-grade and damaged hay is hard to move at 57; No. 3, 56 per 95a1.05; No. 2 earby, rye, CHICAGO GRAIN PRICES. CHICAGO, September S.—Influenced by the fact that Liverpool's quota- tions were firmer than had been ex- pected, the wheat market here aver- aged higher in price today during the early dealings. Reports of crop dam- age by frost in Canada tended also to strengthen values. Export demand, however, appeared to be lacking, and gains failed to hold well. Opening prices, which varied from unchanged figures to higher, with December 123 to 1. and May 1.38% to 1.38%, were followed by slight additional upturns and then by a moderate set- back. Although 1 wheat, new, 12.00a No. 1 oat, new, 13.00a14.00. —e CHICAGO LIVE STOCK MARKET CHICAGO, September 8.—(United States Department of Agriculture).— Hogs—Receipts, 50,000 head; uneven; mostly 10 cents lower; slaughter pig: strong to 25 cents higher; large re- ceipts and _poor shipping demand; top, 9. bulk, 160 to 325 pound | weights, 9.60a9.85; desirable, 140 to | 150-pound average. largely 8.60a9.00; bulk packing sows, 8.35a8.75; jority better; strong weight pig: 28.00; slaughter pigs, 6.75a5, Caftle—Receipts, 28,000 head; trade slow; uneven: choice Federal steers and yearlings scarce; about steady; other unevenly lower; mostly cents down; spots more; fat cows in liberal supply sharing decline; large receipts; early top matured steers, 11.00; best yearlings, 11.00; handyweight offer- ings, 11.25; stockers and feeders steady; liberal supply eastern re- ceipts in stocker flesh; several loads to feeder dealers, early, 6.75 down- ward;, nine-load string__Montana grass *cows to killers, 5.50; bulls about steady; vealers 25 to 50 cents lower; bulk, 11.50a12.50 to packers; few, 13.00a13.50 to outsiders. Sheep—Receipts, 23,00 head: rat lambs steady to strong; sorting light; bulk desirable natives, 13.50a14.00; top to packers and city butchers, 14.25; culls, mostly 10.00; western run lght; choice Washington, 13.75 straight; best held at 14.25; sheep steady; odd lots fat ewes, 4.50a6.00; taking steady on feeding lambs; no early sales. wet cool weather nished some strength to corn, the market gave way under increased offerings. After opening at % lower % advance, December, 112% to 7, prices scored slight general s and then receded to well below Saturday’s finish. Oats traders took their cue from the action of corn. Starting un- changed to % higher, December 52%, the market hardened a little more and then underwent a sag all around. Provisions were firmer in the ab- sence of any aggressive selling. WHEAT- cmber mber fur- Dec September December September December October November RIBS. September October FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal Selling checks goid value. today. BANK CLEARINGS DROP. HOUSTON, September 8 (Special).— Houston's August bank clearings fell off to $126,610,472, a drop of over $6,000,000 as compared with August, 1923. Brussels, Rerlin, m Rome, lira . Zurich, franc ! Athens, drachm Prague, crown . Warsaw, mark . crown . Stockhclin,” crown By the Associated Press. NEW YORK, September §.—For- eign exchanges easy; quotations (in United States dollars): Great Brit- ain, demand, 4.42%; cables, 4.42%; 60-day bills on banks, 3.39%. France, demand, .0521%; cables, .0522. Italy, demand, .0434%; cables, .0435. Bel- gium, demand, .0495%; cables, .0496. Germany, demand (per trillion), .23%. Holland, .3810. Norway, .1371. Swe- den, .2655, Denmark, .1678. Switzer- land, .1874. Spain, .1310. Greece, .0180. Poland, = .0019%. Czecho- slovakia, .0298%. Jugoslavia, .0131% Austria, .000014%. Rumania, .0131%, Argentina, .3425. Brazll, .0978. Tokie, 413%. Montreal, 1.00. CALL MONEY EASIER. NEW YORK, September 8.—Call money easler; high, 2; low, 2; ruling rate, 2; closing bid, 2; offered at 2%; last loan, 2; call loans against ac- ceptances, 3%; time loans, firmer; mixed collateral, 60-90 days, 3a3%; 4-6 months, 3%; prime commercial paper, 3%a3%. TODAY’S BUTTER PRICES. CHICAGO, September 8.—Butter—Un- changed; creamery, extras, 37; stand- ards, 36%; extra firsts, 35%a36; firsts, 34a34%; seconds, 32a33. Eggs—Unchanged; receipts, 18,606 cases; firsts, 34a36; ordinary firsts, 31a