Evening Star Newspaper, September 23, 1924, Page 22

FINANCIAL STEEL ACROSS 109 IN FINAL TRADING Baking Shares and Motor Stocks Extra Strong in Last Hour’s Deals. Air Reduct (15). Ajax Rubber. ... All Am Cab (6). . Alas Gold Mincs. Alaska Juneau. . Allled Chem (4). Allied Chm pt (7] Allis-Chalm (4). Allis-C M pf (7). Am Agricul Chm Am Beef S pf (6) Am Bosch. . Am Can (16).. Am Car & Fy(1z) Am Chain A’ (2). Am Chicle. .. ... Am& F P 25%(7) AmFor P £ pd(7) Am Hide & Lea. . Am Hide & L pt. AmlIce (7)...... Am Interna . AmLaFFE (1). Am Linseed. . Am Linseed pf. Am Locomo (6). Am Radiator (1) Am Saf R (50c). Am Ship & Com. Am Sm & Re (5). AmS& Rpf (7). Am Snuff (12). Am Stl Fdys (3). Am Sugar... Am Sumat Tol Am T & Tel (9). Am Tobac (12).. Am Tob B (12).. BY STUART P. WEST. Special Dispatch ta The Star. NEW YORK, September 25 —The stock market continued today to fol- low along the same lines as it had been following for the last week or more. -~ Lehigh Valley was pushed across 56 on large transactions. this representing a 2-point advance. Now that the coal property has been sepa- rated, there remains no reason of an unusual character to account for a rise in this purely railroad stock. It is simply a case of good earnings! ind the expectation of an excellent °all business in coal. Lehigh earned st year a little over 14 per cent on ts $50 par stock. It has been earn- & this vear a little less than 14 per cent But this means twice the divi- dend requirement and suggests the possibility that the distribution to shareholders may be increased. Other Rails Strong. Union Pacific got above 140 again.|Am Trb pf (€) nd other standard dividend payers|Am Typ Fdrs(7). like Atchison and New York Central {Am Water Wks. did better than they have in some ;Am W W pf (8). time. There was special buying in [Am W W 1st (1) Chicago Great Western prefer- | Am Woolen...... red on merger talk uthern Rail- | Am Wool pfd (7) way common was selling ex dividend | Am Zinc g of 1% per cent. ! Auaconda . Public utility continued in | Arm of Del ¢ favor. United Railways Investment| preferred at was up points, Pacific ilectric at 9 was up a_point. curities was in demand above Brooklyn Union Gas was very strong at a new high | wbove 77, and buying continued, al- though not ggressive, in North | Awerican Corn Products Active. issues Atl Birm & At... Atl Coast L (18) . At Gulf & W T. Atlantic Refin Atlan Ref pf (7) Atlas Powd (4) Austin-Nichois Austin-Nic pfi) Bald Loco (7) us Fresh buying on a rather large| scale came into Corn Products. Cen- tral Leather preferred rose sharply o (7) on buving by persons who ,.,,,,‘?\.(.{ml&(m.o ). thar. irrespective of trade develop- | Bal & Oh pf (4). ments, the stock as an asset propo- | Barnsdall A sition is relatively cheap. Revival of [ B'eh Nut (3.40) the report that Cuban Dominican | Bethlenem Steel Sugar was going to combine with two | Booth Fishcries other properties was responsible for g‘{t fi,fl;:ll;_‘rf‘i‘ a renewed advance in the preferrea| BricAan Tran,. The remarkable rise Brklyn Un G ($) ton Pump continued still on reports|Burns Br (10)... of the company'’s mew feed water |ButteC&Zine. heating device, being adopted by rail- | Butte&Superior. toade Butterick Co... Short covering appeared in Coca |Caddo CenO & R Cola. the action of the stock indicat- | Cal Packing (6). ing that the big trading which went |Cal Pet (1%).... on just under 70 some time ago rep- |Callahan Z Lead resented accumulation. There was a |Can Pacific (10). <harp upturn in United Drug, and |Cent Leather Co. U. S Cast Iron Pipe made a new |Cent LeaCo pt.. hixh record as it reached 110. Hayes | Cerrode Pasco(4) Wheel was in demand above 36 and [ Chand Mot (3).. National Biscuit at 74 was also sell- | Ches & Ohio (4). Chicago & Alton in new high ground. The improvement in the market for | Chic & Alton pf. Chic Gt West pf. ® oils shares was not due to any trade conditions, but rather | Ch Mil & St Paul was the result of the strong technical | Ch Mil & St P pf. position. Outsiders for months have |Chi & Nwn (4). not been speculating in oils, and the |Chi R1 & Pac professionals, where they have done|CRI&Ppt(6). anything in them, have gone short. |CRI&Ppt (7). This means that the oil shares have PM&O D!(A) found their way pretty well back |Chi Yellow C (4 into inside hands. Chile Cop (2%).. Steel common got across 109 in the | Cluett, Peab (5). last hour, and other steel shares did | Coca-Cola (1)... better, notably Colorado Fuel and |Colo Fuel & lron Replogle. Baking shares were in de- | Colo* guthern. .. mand, the street refusing to accept | Col So1stpf (4). official denials of a big combination. | Col G & E (2.60). (ieneral Baking and Cushman's Sons | Col Carbon (4) oth sold at new high prices after a | Com Ir Tr (83c). urther remarkable advance. Allis |Com Solv A (4).. “halmers was bid up in the late trad- | Com Solv B. . ing. and so were Mack Trucks and | Congoleum (3) Nash Motors Con Cigars pf () Consol Gas (5). . MARKET CLOSES STRONG. |(ConCasofB (3) Cossol Textile Cont Can (4) . Cont Mot (80c) Corn Prod (2). Cosden Co. . Crex Carpet. Crucible Stl (4). Cub Am Sug (3). Cuban Cane Sug. Cub Cane Su pf.. Cub Dom Sugar. Cub Dom Sug pf. Cushmans (3) . Cuyamel Fr (4). Daniel Boone. ... Davidson Chem. Del & Hud (9).. DelL& W (6). Det Ed Co (8). Dome Mines (2). DuPtdeN (8).. Eastman ({7%)... Eaton Axle & S.. E1Stor Bat (4).. Em Branting pf. End-John (3) in Worthing- Short Covering on American Can Helps Late Advance. By the Associated Press. NEW YORK, Septembe teady accumulation of the public utility and the food shares, most of which bet- tered their previous high prices, im- parted strength to the general list after an early period of irregularity | in today’s market. Bullish demon- rations 1 certain specialties re- sulted in gains of 1 to 7 points. Sales approximated $50.000 share: The closing was strong. Extensive short covering in American Can, which was bid up to 1301, stimulated the buying of other standard indus- trials in the late dealings. Worth- ington Pump extended its gain to 6 points. Markets at a Glance Erie 2d pf. Exch Buftet (2). Fairb’ks (2.60) Famous Pl (8). . Famous P1 pf (8) Fed Lt & Tract F'dM&SDpt (D). Fisher Bdy (10). Fleischman (131) Foundation (6)., Freeport-Texas. Gen Am T C (3). Gen Asphalt.... Gen Baking (6). Gen Cigar (8). General Elec( Gen El spe (60c) Gen Mot (1.20).. Gen Mot (n)..... Gen Mot pf (6) Gen Mot ab (6).. Gen Mot pf n (7) Gen Petm (2) Gimbel Bros. Goodrich. .. Goodrich pf (7). Goodyear pf. Granby Consol Gray & Davis Gt North pf (! Gr Nor Ore (3) Grt Wstn Su (8). Gr Canan Cop. Guantan Sugar.. Guif Mo & Nor... Gu Mo & N pf (5) Gulf St Stl (3)... Hanna rst pf (7) Hartman Co (4): Hayes Wh'l €3). Househ’d Pr (3). Houston Oil. Hud Mot C (3). Iilinols Cent (7). 111 Cent pt (6). Indiahoma Ref.. Indian Motorcye Inland Stl (2%). Interb Rap Tr... Internat Ag new. Int Bus Ma (8) Int Cement (4).. Int Com Eng (2) Int Mer Marine. . APPLE PRICES LOWER. IatMerMarine NEW_YORK, September 23 (Spe- : cial) - New York apples were in lib- | Laternat Nickel cral supply today and the market|[ntor B EB ey barely held steady. “A” grade 2%-[qni’Ry Cent Am. inch Wealthy apples sold at from|ineRysC A pf... 450 to 5.50 per’barrel and Alexander |10 Shoe (4). and Wolf Rivers from 4.00 to 5.00. |[nvineible Oil. Iron Prod (6). Jewel Tea - CASH DIVIDEND VOTED. Y Fisositens: DALLAS, Tex., September 23.—|Jordan Mot (3). Trustecs of the Magnolia Petroleum Ry Company have declared a cash divi- | Kan CItY SO4LN- dend of 1 per cent on stock issued|gat .30 g Co. NEW YORK—Stocks higher; public utilities again at new highs. Bonds firm; Brooklyn Union Gas issues at new top pric Foreign exchanges | steady: trading extremely quiet. Cot- ton strong: bullish Government re- | nort. Sugar featureless. Coffee firm; importers buying. CHICAGO—Wheat higher: reports foreign shortage. Corn steady; cover- ing. ‘attle higher. Hogs irregular; top grades advanced. (Quotations furnisbed by W. Nomina Foid value. Hibbs & Co.) Seiling checks oday. London. pound . Fariu frane franc Athens, drachn Madrid, peseta Vienna, ecrown Rndapest, crown Trague, crown ... 01781, 1 0000143, crown, Stockholm, crown By the Amociated Press. NEW YORK, September 23.—For- cign exchange, easy: Quotations (in U.’S. dollars), Great Britain, demand, 4.45%; cables, 4.46%: 60-day bills on banks, 4.43%; France, demand, .0527; Italy, demand, .0438; : Belgium, demand, cables, .0487; Germany, de- mand (per_trillion), : Holland, demand, .3851; Norway, demand, .1380; Sweden, demand, .2659; Den- mark, demand, .1714; Switzerland. demand, .1894; Spain, demand, .1323; Greece, demand, .0178; Poland, de- mand, .1914; Czechoslovakia, demand, .0299%; Jugoslavia, demand, .0140%: Austgia, demand, .000014%; Rumania, demdnd, .0050%; Argentina, demand, .3562; Brazil, demand, .1030; Tokio, demand, .40%; Montreal, .99 21-32. Open. High. 87 9% 103 I,h 1 73% 115% 61% 100 12% 74 26 128 165 24% 284% 116% 116 11 and_outstanding of record on_Sep- | ieily Spr Tire.. . tember 25, payable October 5, W. C. Pr 3 er, ounced. today. Kelsey,Whl (6) .. Low. 86% 9% 103 % 1 T3% 115% 61 100 12% T4 26 127% 165 24% 23 % 118 116% 11 63% 87 10% 105% w 1'% T4 115% 63% 100 12% 74 ) THE EVENING STAR, WASHINGTON, D. C., TUESDAY. EXCHANGE | | FURTHER STRENGTH NEW YORK STOCK, Received by Private Wire Direct; to- The Star Office 41% 158 90 264% 11 15 60% 87 87% 97% a1 60 28 84% 64l4 18% 3% 64% 29% 89 15% 6% 17% 70% % 89 82% 36% 34y 4 28% 109% 110% Y% 18 36% 25% 6% 102% 49% 27 9% 40% 18% 88% 48% 16% b4k 100 13% 45% 22% 17 31 21% 56% 19% 18 2% Kcnne Cop (3).. Keystone T & R. Kinney G R Co. . Kresge Dep Str. Kresge D S pf (8) Lee Rub & Tire.. Lehigh Val (3%) Lig & Myrs (3).. Lig & Myrs B (3) Lima Loco (4)... Loews Inc (2).. Loft Incorpor. .. Loose-Wiles Bis. Lise-W 2d pf (1) Lorrillard (3)... Louls & Nash (6) MeclIntyre (75c).. Mack Trucks (6) Mack Trk 1st pd Mackay Cos (7). Mack Cos pf (4). Macy R H & Co. Magma Cepper. Mallinson & Co Man El Sup (4). Man El md gd 4. Manhat-Shirt (3) Manil E1 Co (8). Maracaibo Ofl. ... Mkt St Ry prpf. Murland ¢ < Murlin Rockwell Maxwell Mot A.. Maxwell Mot B. May Dept St (5). Metro Gold pfd Metro Id pf (7). Mex Seabd (2).. Middle St Ofl Midld Pr pf (8). Mis Kon & Tex.. Mis K & Tex pf.. Missouri Pacific. Missouri Pac pf. Mont Power (4). Montgom Ward. Moon Mot (3). | Mather Lode i5¢ Munsingw'r (3). Nash Mot (10). Nat Acme. it Bisenit (3).. Nut Cloak & Su Nai Dairy (3) Nut Dept Stores. Nat En & St. a |3 23 INY Air Br () INYABraw ¢ Y Canners (2). N Y Central (7). IN ¥ C&StL (6). NYC&SIL Dt (6). Y NH & Hart.. N Y Ont & West | Niagar ¥ pr 13, Norfolk South. . Norf & W (18).. North Am (2.40). North Am pf (3). North Pac (5) ChF Sup (2%). Onyx Hos pf ( Orpheum (1%4). Orpheum pf (8) . Otis Elev (n) (4) | Otis Steel.. ... GUwens Bot (3).. -G & B (8) Pacific Oil (2) Packard (1.20). Pan-Amer (4).. Pan-Amer B (4) Panhan P & R pt Parish & B stpd. Penn Railrd (3) Pe Seab Steel. Peop Gas Ch (7). Pere Marq (4)... Pere Mar pf (8). PhilaCo (4)..... Phila & R&T... Phil Mor (50c).. Phillips Pet (2). Pierce-Arrow P-Arprpf (8). Pierce Oil. . Pierce Oil pt. Pitts Coal (4) Pitts Ut p? (1.20) Pitts Ut ctfs 1.20 Pitts & West Va. Pitts & WVa rts. P& W Va pf (6). Postum Cer (4).. Postum pf (§) Press Steel Ca. Press Steel C pf. Prod & Refiners. Pub Ser NJ (4). Public Serv rts. . Pub S NJ pf (8). Pullman Co (8) Punta Al Su (5). Pure Oll (1%). Ry Stl Spg (8). Ray Cons Cop. Reading (4) Reading rts. Remington Type Replogle Steel.. Rep Ir & Steel. .. Reyn'ds Spgs (1) Rey Tob B (3)... Rey Tob pf (7).. Rossia Ins A (6). Roy Dth (4.42%) Rutland pt. St Joseph 1d (2) St L San Fran... St L-San Fr pf.. St L Southwes! St LS'th pt (5). Santa Cecilia. Savage Arms. Schulte (8) . Schulte pt (8) Seaboard Air L. Seab’d Air L pf.. Sears-Roebk (6) Shell Un O11 (1) Stmmons Co (1). Simms Pet. .. Sinclalr Oil. . Sincl'r O pf (8) Skelly OIl..... Sloss-Sheft (6) . So P Rico 8u (6). South Pac (8) Southern Ry ( South Ry pf (5). Std Gas & El (3). St 011 Cal (2) . StOIINJ (1). StOiIlNJ pt (7). Stand P1G1 (3) Sterling Pr (4) Stew’t Warn (6). tromberg C (8). Studebaker (4).. Submarine Boat. Superior Ofl. ... Sweets Co of Am Tennessee Copper Texas Co (3).... Tex G Sulph (7) Texas & Pacific.. Tex & PacC & O. Third Avenue Timken (13%). Tob Prod (6). Tob Prod A (7).. Transcont Ofl... Un Bag & Paper. Un Pacific (10). Un Pac pf (4)... Un Tank Car (5) Un T Car pf (7). Utd Alloy Steel.. Utd Clgar Stores Un Cig St pt (7). United Drug (6) UD1stpf 3%). Utd Fruit (10).. Utd Ry Invest. Utd Ry Invest p U 8 CastIronP. U 8 Distributing U S Hoff Mach. . U S Ind Alcohol. USR&Im (8). U S Rubber. USR1stpf U S Smelting.... U S Smt pf (3%) U S Steel (16%). U S Steel pf (7).. Universal Pipe. | Univer P pt (7). | Utah Copper (4). Utah Securities. Vanadium Corp. Van R Ist pf (7). Va-Caro Chem B Va-Caro Ch pf.. 1VI. Ry & Power. Vivadou. Open. High. 4% 2 K 51% 5% 10% Bd% 64% 64 61 wle% 6% 48% 2% 80 52% Bk 10% 58% 64% 64% 61 16% 6% 72 95 39 9% 164 100% 474 114 114 66% 67 36 21% ann 4% 8415 Low. 41% 7 B1% 95% 10% bd% 64% 63% 61 16% 6% T0% 95 38% 9% 1 967 45 664 664 35% 21% 4T% 434 8415 110 28% 45 84y 185 8 60% 17% 95% 154 98% 23% It 88% 15% 46ia 19% 56% 67% 354 23% 107% 110 14% 2714 % 1034 16% 26% 14% 16% 81 18% 78% 3 94% 67 5% 38 67 34% 117% 21% 62 55% 67 40% 8% 4% 2 % 4 9% 36% 8% 124 345 67% 92% % 41% % 139% T4% 125% 114 23 53 117 90 50 208 18% 45% 107w 28% 22 72 93% 34% 88 2% 4% 107% 1224 18% 54% 1% 3% 26 638 % 4% 68% 6% 16 Olose. (o) 2% 80 52% 95% 10% 584 64% 63% 61 16% 6l 1% 95 a8% 9% 16% 100% 4 114 66% 67 36% 21% 48% 44% 34 113% 28% s 8 61% 17% 97 16% 93% 24% 1% 88in 15% ATH 19% 56% 67% 35k 234 8 314 140% 105% 64% 116% 454 8% 28 60% 17% 109% 180% 63% 23 125% 12% 623% 20 42% 12% 48% 17 T6% 119% 4% 424 &3 29% 29 613 41w 1% 64 108 110 14% 2% 104% 16% 26% 14% 154 82 18% 3% 3 9% 67% 6 88% 57% 36% 17% 23% 621 55% 67 41 8% 4% 2 7% 40% 80% 36% 8% 12% 84% 67% 925 ry 42% 140% T4% 127% 114 23 654 117 1% 50 208 19% 46% 109% 28% 22% 3% 93% 35% 88% 32% Ta44% 109 122% 18% 55 7% 34% 26% 53 % 4% 68% % 216 IN BOND MARKET Many Advances—Liberties React on Profit-Taking. Rails Popular. BY GEORGE T. HUGHES. Dispateh to The Star. NEW YORK, September 23.—Ex- ceut for some reaction in Liberties, brought about by profit-taking after the recent rise, the bond market was very strong today. There was con- tinued demand for the high-grade rails and industrials, and the activity covered a wide range of issues. Pennsylvania General Mortgage 4%« sold above 94, a point up from the low of last week. Oregon Washing- ton Railway and Navigation 4s cross- ed §3. Buffalo, Rochester and Pitts- | burgh 4123 were fractionally higher, {and Reading general 4s went above { 95. approaching the high of the year. i'l'lril)-l"ex\n!)‘l\'uuia. collateral 4s ad- vanced a point, probably on buying | for the sinking fund. i Special Demonstration. | Tn bonds of a lower grade there {was a special demonstration in_all the Missouri Pacific obligations. The {most active issue was the General 4s, |nearing 63, a new high for the year. | All the bonds secured under the re- |funding mortgage were stronger, es- i pectally the 55 of 1965 and the 6s of 1849, All this buying represented tardy appreciation of the improved irning power of the system. I G. adjustments ran up a point, re- gaining a part of the loss of late Monday. and the 6s again touched par Dealings in the bonds of these two roads accounted for the greater part of the speculative interest in the rails here was some investment buying of such issues as Southern | Railway (eneral 4s and St. Louls, an Francisco prior lien A. 4s. Erie prior lien 45 were in demand above Torelgn Group Active. More than usual interest was taken the foreign Rroun because of the | announcement that the Paris. Lyons and Mediterranean railroad was in the American market for a loan. The news induced selling into the § per cent bonds of the same |road dealt in on the exchange on the theory that the new issue would be brought out on a more attractive vield basis. Thia however, was the only weak spot. Other foreign bonds were firm and the new Belgian 6'ss strong, at another new high above 97. In domestic public utilities the featurn was Brooklyn Union Gas 7s of 1 which went above 151 in ympathy with the stock. New offerings include besides the American Masonic first 6izs, $500.000 Winston first 5s, due 1966, at par. | AWAIT B. & 0. MEETING. Bankers Deeply Interested in Next in w alem Earnings Statement. Special Dispateh to The Star BALTIMORE, September 23.—With the net railway operating income of the Baltimore and Ohio Railroad Com- pany for the first seven months of this year $7,454.388 below its mark for the corresponding period of last year, bankers are looking with in- terest to the statement of August earnings and to the directors’ meet- ing which will be held in New York tomorruw for the cons¥deration of dividends. Despite the fact common with many showed heav operating revenues with last vear, every with the exception of February, has shown a smaller drop in net railway operating income than the month preceding it. CHANGES IN GRAIN. NEW YORK, September 23.—The visible supply of American grain shows the following changes in bush- els: Wheat, increased 2,880,000; corn, in- creased 149,000; oats. increased .- §39.000; rye, decreased 1.431.800; bar- ley. increased 1,360,000 that the B. & O. other ra decreases in $24,567,504 lN VPVE-IVICILSA The Department of Commerce an- nounces that, according to data col- lected at the biennial census of man- ufacturers, 1923, the establishments engaged primarily in the manufac- ture of lead pencils reported prod- ucts valued at $24,567,504, an increase of 14.9 per cent, as compared with 1921, the last preceding census year. WILL CALL IN BONDS. NEW YORK, September 23.—Re- demption of $750,000 20-year 8 per cent bonds of the Goodyear Tire and Rubber Company has been ordered for November 1. A price of 120 plus accured interest will be paid for the bonds which have been designated for redemption by lot. TREASURY CERTIFICATES. | (Quotations turnished by Redmond & Co.) 4%s March 15, 1935 4%5s June 15,1925 235 September 1, 4%s December 10, 435 Mareh 15, 414s September 438 March 15, 4145 December 15, BUSINESS ABOVE 1921. Value of products of four indus- tries last year, for which statistics were announced yesterday by the Census Bureau, show increases over 1921. Plated ware products were val- ued at $53,640,181, an increase of 58.0 per cent; leather gloves and mittens products $37,111,762, an increase of 49.3 per cent; lead pencils $24,667,504, an increase of 14.9 per cent, and wool-felt hats 38,643,217, an increase of 741 per cent. —— e 44% 44n 14% 14% 16 16 43% 43 43 92 91 91 93% 93% 934 116% 116% 115% 11% 11% 11% 24% 24% 244 72 71 72 114% 114 114% 63% 62% 634 % 5% 13% 13% 22 22 24 . 23% 64% 64 1% 1% 6% 6% 18 16 8% 68% 111% 110% 44% 38% 70 68% 11% 11% 41% 41% 101 2752 102 5-16, i 2 101 21-3 1927, 45% 14% 16 43% 1% 93% 116% 11% 45% 14% 16 Wabash pfA. ‘Wald Sys (1%). Web & Hellb(1). Wells Far (2%). West Pen (4)... West Pen pt (). West ELDf (D). West Maryland. Western Pacific. 24% West Pac pf (6). 71% West Un Tl (7).. 114 West BE&M (). €3 WE1st pf (4).. 6% Whi & L Erl 18% Wheel & LEpt. 22 Wh Eag Oil (3). 23% White Mot (4)... 64 Wickwire Sp8tl. 1% Wwilson & Co. 6% Wil & Co pf. 18 willys-Overl'd.. 8¢ Willys-Ovd pf... 68% Woolw’th n (3).. 110% Worthing P'mp. 88% W'th P pf B (6).. 68% Wwright Aer (1). 11% Wrig W Jr (3).. §41% Yellow Cab (5).. b2 63K b2 62% YoungstS&T (4). 68 68 68 68 {Partly extra. $Payable in preferred stock. Dividend rates as given in the above table are the anaual cash payments based on the latest quarterly or haif-yearly declarstions. Unless otherwise noted, extra er _special Dot included, 2 68% 111% 44 70 11% 41% ,000.000 | Temple. $2.000.000 | A™ Chain s £ 63°33. 11 month, | SEP’ EMBER 23, 1924 [ o BONDS o] Recelved by Private Wire Direct te The Star Office. FOREIGN. Sales. High. Argentine 65°37... 51 93% Argentine T; . 89 102% Austria?s... 5 95 Belgium 6s. 9 100% Belgium 6 wi..805 97% Belgium 7%s. 31 110 Belgium 8 108 Berne 8. 111 Bolivia 88, 93% Bordeaux 88% Brazil 7s 83 Braail 7 101% 97 101% 102 103% 103% 98 103% Low. Close. 93% 93% 102% 102% 95 95 100% 100% 97 7% 109% 110 107% 108 110% 111 93% 93% 88% 88% 825 88 101% 101% 96% 97 101 101% 101% 101% 103% 103% 103% 103% 9T% 97% 103 105 105% Canada 651926... Canada 58 1931.... Canada bs 1952... Canada 5%s 1929. . Chile 75 1943. Chile 85 1926. . Chile 85 1941. Chile 83 1946. . Chinese Gov Ry b (C:hnsnamn 8 openhagen § Cuba 6%s. i Czecho 8s 1951 “zecho 8s 1952 ct.... Denmark 6s. Denmark 8s. Dutch E15% DEIb¥%sct.. Dutch East I 6547 Dutch East I 65’62 El Balvador 8s *4: Framerican 7%s. French Govt 7% French Govt Haiti 6s. Holland-Amer 6s.. Hungary 6%s Japanese 4s. Japanese 63% : Jergens U M 68 '47. Lyons6s.... Marseille 6s....... Mexico 43 '10 asntd. Mexico 58 assented Mexico 58 - Netheriands 65 '54. Netherlands 6s°72. Norway 65 1943. orway 6s 1944. Norway 65 1952. Norway 8s.... Orient Dev deb 6s Porto Algere 8s. .. Prague 7% Queensland Queensland 7s.... Rio de Jan 8s 1946. Rio de Jan 8s 1947. Rio Gr Do Sul 8s.. Sao Paulo State 8s. ine Dept. of 73 Serbs Crotes Slo 83 Solssons 6 Sweden 6a. ... Swiss 5% 1946. Tokio§s.......... Ud Kingm 5%s'29. Ud Kingm 5%s "37.193 Ud Steam Copen 63 6 Uruguay 8s....... 9 106 Zurich §s. . 41N 1% MISCELLANEOUS. Am AgrChem 73%s 58 97 97 924 941y 104% 100°x 95tx 101% 103 6445 110 105% 93 964 97 2% 94'e 104% 100 98 1014, 102% a2 ¥7% 99 B4 9ln 101 Am Repub deb 6s.. Am SmIt&R 1st §s. AmSmit& R 6s. Am Sug ref 6s..... AmT & Tcltrds.. Am T&Tcltrbs... AmT & T deb 5%s. Am Water Wks 5s. Anaconda 1st 6=. .. Anaconda cv db Ts. Armour & Co 4%s. Armour of Del 5% Associated Oil 6s.. Atlantic Refin 5s.. Barnsdall s f 8s. Bell Tel Pa 6s..... Beth Steel pm §s Beth Steel rf 5= Beth Steel 53%s '53. Beth Steel s £ 6s... Brier H St 15t 5343 Bklyn Ed gen Bklyn Edison Bklyn Union Bush T Bldg s '60. Calif Pete 63%s.... Central Leather 5s Chile Copper 63 - CinG & E5%3'6: Col Gas & El 5s. Col Gas & Ei 5s sta Commonwth P 6s.. Con Coal Md 1st 53 Consumers Pow 5s Cuba Cxne cv 7s '30 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 . Empire G&F Ths. Fisk Rubber 88 Francis Sug 7%s.. Gen Elec deb 5s. Goodrich 63 g Goodyear 8s 1931.. Goodyear 83 1941.. Hershey 65 1942. Humble O&R 5%s. Ilifnols Bell 1st 6s. Illinofs Steel 4% Indiana Steel bs. .. Int Mer Marine 6s. Inter Paper 58™ KCP&Lt5sA’'S2 Kan G & El 68°'53.. Keyser (J) Ts. Kelly-Spring 8 Liggett & Myrs Liggett & Myrs 7s Lorillard (P) & Loriilard (P) 7 Magma Cop cv 7 Manati Sug sf 7% Marland Oil 7%s. Mexican Petrol 8s. Midvale Steel 5. .. Montana Power 5s. Mor's&Co 1st 4138, New Eng Tel 6s... N Y Eden 1st NYG EL H&P 48 NYG EL H&P 53 N Y Tel 4%s.. N Y Tel 63’41 N Y Tel 6843 North Am Ed North Am Ed 6 Nor Ohio T&L 6s. . Nor States Pow 6s. Northwst B Tel 7s. Otis Steel 88.....- acific Gas & E1 58 Fao el & Telbs. .- Pacific T & T bs '52 People’s Gasbs. .. Phila Co 6%s '38 Phila. Coref 68 A. Phil & Rdg C&1 Plerce-Arrow 83 Pierce Oil deb 8s. Producers & Rf 8s. Public Service & Pub Serv Elec 6 Punta Alegre 7s... & CoOBLTS. .0 gfilx‘cm: Oil 6%8 Sinclair Oil 78. Sin Crude Ofl 6%s. Stn Crude O1l 65. .. Sin Pipe Line 5s. So Por Rico Sug 7s. Southwes: Bell 5s. Sug Est Orient 7 Tenx Elec Pow 6 Tide Wat Oll 6%s. Toledo Edp 18t 7 it Drug cv 8 'i’:ns Rub 1st rf 5s... U S Rubber 7%s. U Ssteel st b Utah Pow & Lt & Va-Car Chem 7 va-CarCh7%ssw Vertientes Sug 7s. Warner Sug 78 '41. Western Elec 5. West'n Union 6% Weatinghouse 7e. . Wickwire Spen 7s. Willys-Ov 6348 °33. Wilson & Co 1st (s. Wilson & Co cv 6s. Wilson&C cv 7% Winchester A 7 Youngmn & & T 9 au8xunalos © ] 19 porim T B8RS rwninursulalonBunnitonna Gt - CER-T R Half holidays on Saturday date back as an English institution to the reign of Heary VIl s (Sales are ia $1,000.) UNITED STATES BONDS. (Fractions represent thirty - seconds. Example: 93-3 means 98 3-32.) Sales. High. Lew. Close. Lib3%s 239 100-30 100-27 100-27 Lib 1xt 4 + 109 102-17 102-12 10213 Lib2d 4%s.... 764 101-20 101-11 101-14 Lib3d 4%s... 824 102+11 1026 102-6 Lib 4th 4%s. . 1103 102-22 102-13 102-16 US4is 1952.. 241 105-26 105-23 105-26 RAILROADS. . High. 83 90% 91 87 100 87% 89% 8% 103 Low. Close. 3% B83% 90 90% 91 9@ 85% 87 100 100 8% bT% £9% 80% 86% 854 102% 102%a 100% 100% 84 84 9% 99% 80 80 87w 8% 101% 101% 1167 116% 116 116% 9% W9% 105% 105% 99% 99% 1035 1034 881 88 9644 88% 943 Atchison adj 4s Atchison gen Atlantic C L 1st 4s. Atlantic C L cl 4s B&Oprin3ys B & O gold 4s. .10 B&OSWdiv3y Bklyn-Manhat 6s. Buff R & Pitt 4% nada South 5s. .. Canad North 6%s Canada North 7 Canad Pac deb 4s Car Clinch & O 6s. . Centof Ga 5 Cent of Ga 6: Central Paclfl Ches & O cv 43 Ches & O gn 4% Ches & Ohio cv 5s. Chi & Alton 3s. Chi & Alton 3%a. . Chi B&Q gn 4858, Chi B&Q 1st rf6s. 28 CB&Q-Ildivis.. hi & E 111 gn 5a. Chi Great West 4 CM & Puget Sd 4s. ChiM&StP4s°26 45 CM&StPdb4s... 12 Chi M&St P cv 434s 43 Chi M&St P rf 4343 *hi & Thi& NW6ks iRysbs RI&Prf4s. ChiTH&SE §s. Chi Un Sta 4158 Chi Union Sta 5s... Chi & W Ind cn 4s. 3 Chi & W iInd 7 c &StLrf6sA. Cleve Term bs w i Cleve Term 5%s. Cuba R R bs Del & Hd 1st rf 4s. Del & Hudson 5%s Den & Rio G cn 4s. D & Rio G imp bs D & R G 1st rf 5s. Det United $ies. 18 fe conv 4s D. ie con ext 7s. . ic & Jersey 6s.. e (Pa) clttr 4 Hud & Man aj §s. 11! Central 5%s. Int Rap Tran §s. Int Rap Trés stpd. Int Rap Tran 7s Int & G Nor 1st 6 Int & G Nor aj 6s. lowa Cent rf 4s Kansas City S 3 Kansas City Sbs. n City Term 4s.. ke Shore 4s "2, Louis & N uni 4s Louis & N 55 B. Louis & Nash 7s. Manhat Ry cn 4s.. Market St Ry Ts. Ry & L 58. M & StL 18t ref 4 M&StLrfex5: MK & T 1st 4s. T4sB. T adj 5s. TprinssA.l T6sC. Mo Pacific gn Mo Pacific 63 '65. Mo Pactfic 65...... 79 Nassau E Ry 4s'57 37 N Y Cent gen 3%s. 32 N Y Cent deb 4 7 N Y Centribs. & & & & | N YCent deb 68 en LS cl 3% Chi&SL5% YC&StL6sA New Havencd 6s. New Haven?7s..... N Y Ont & W ref 48 New York Ry rf 4s N Y Ry rf 4sctfs N Y State Ry 4 NY W & Bos 4% Norfolk & W cn 4s. Norfolk & W cv 6s. Northern Pac 3 Northern Pac 4s.. Northern Pac s D Northern Pacri Ore & Calif 1st 5s.. Ore Short L ref 4s. Ore Sht L cn 5s '46. Ore-Wash 1st rf ds Pennsyl con 43%s N Y NY N Perc Marq 1st 5. Reading gen 4s.... Reading gn 4%s... Rio G West cl 4s... RIATk & L4%s... St LIM&S 45°29. St LIM&S R&G 48.155 StL &S F pl 43 A..120 StL & SF pr 1n 5i StL&SF 5%s D, StL&SF adj6s... StL&SF inc 6s. StL&STFpl6sC StLS W 1st 4s. St LS W con s StP & KCShL 4128. StP Un Dep 5%s San A & Arn P 4s. Seab'd A L 4s sta. Seab'd A L ref 4: Seab'd A L adj 5s.. 43 Seab'd A Licon 6s.. 36 Sou Pacific 4s '29 Sou Pacific ref 4s.. 27 Southern Ry gn 4s. 85 Southern Ry 1st 63 8 101% Southern Ry 6sct.. 7 102% Southern Ry 6%, 6 106% Sou Ry Mobile 4 83% Term Asso St L 4 84 Third Ave ref 4s... 2 57 Third Ave adj 5s... 12 51% Union Pac 1st4s... 3 92% Union Paclstrf4s 8 87 Union Pac 48°27... 6 99% Virginia Ry st 53 .125 96 Va Ry & P 1st5s... 66 95% Wabash 1st 6s. 100% Wabash 2d 58 93 Western Md 4 64% Western Pacificss. 3 90% West Shore 1st 4s. 2 82% Wheel & LE cn 45.118 72% Whel . LErf4%s 1 66% Wisconsin Cent 4s. 4 82 —_— RATES ON BAR SILVER. LONDON, September 23.—Bar sil- ver, 351-16@ per ounce. Money, 3 per cent. Discount rate, short bills, 3%a311-16 per cent; three-month bills, 3% per cent. 101% 1023 206% 83 84 57 50% 92% 87 99% 26 95% 100% 93 6ily 90% 82% T2% 6615 81% 9914 $6% 94% 1003 93 644 20% 82% % 665 81% 12 CALL MONEY STEADY. NEW YRK, September 32.—Call money steady: high, 2; low, 2; ruling rate, 2; closing bid, 2; offered at 2% last loan, 2; call loans against ac ceptances, 1%. Time loans easy. Mixed collateral, 60-90 days, 2%a2%; four-six months, 3a3%. Prime com- mercial paper, 3%. | for October and 2 COTTONFUTURES JUMP 200 POINTS Soar to Limit Allowed in One Day—Report of Smaller Crop Is Cause. By the Associated Press. NEW YORK. September 1 ing on prospects for fair and warmer weather in the South sent the cotton | market off to 21.30 for December late in the morning, or 23 points net low- er. The Government report, however. showing a condition of 55.4, with an indicated crop of 12,596,000 bales, w; evidently a surprise to recent sellers and was followed by a rush of cov- ering, with a sensational jump in prices which carried December up to 23.00, or 166 points from the lowest and 143 points above yesterday's closing quotation. _The 200-point limit placed upon fluctuations was reached by October contracts within | 10 minutes after the report was sued, the delivery selling up to 23 Cotton futures closed frm is- 90. tober . cember Inpuary b Gpening, October, January, 21.60. Mareh, Same Jump in New Orleans. N ORLEANS, La. September 23—Cotton jumped $10 a bale, the trading limit for one day, upon re- ceipt of the bureau report at exchange today which placed th condition at 4 and the indicated vield at 12,596,000 bales. Octobe touched and December The 200-point advance affected months. A frenzy of buving ran December 100 points in less than a minute, within a little more than five utes it was generally believed all hs had reacl the 200 points Only March reached the limit against a low point prior it of the flashes of 21.37 October advan 83 and De- cember to 2 points above the low and to within 5 points of the 00 Timit ed up to 22.95 or 18 the low flurry of buying me limit bave first points the ded December reacted 70 points,| 27 and the other months cased off proportionately, but toward mid- prices again rallied to 2 44 for December above the lows but 53 to 56 points fromy the high points reached fter the bureau conditon re- port was published. Cotton futures closed firm at net advance of 170 to 178 poin or 139 to 142 of the down right points mornin October {danuary | pounds Murih Mar PROVISIONS. Septembe GRAIN AND BALTIMORE 1).—Potatoes 100 po £.00. Sweet 500 v bushel Potatoes, barre barrel, 3.5044.00; b 1.50; lima beans, bushel, beets, 100, 3.00a5.00; cab- 00a5.00; carrots, 100, 3.00a crate, 1 : corn : cucumbers, bu eggplants, 5 tuce, onions, basket, 30 a6n; kins, spinach, - 100, 6.00a15.00; packing tomato stock, pes, four- peaches, basket, a3.00. Pears, basket, 35al.25; bushel, 2.75; watermelons, 100, 8.00240.00. Settling Prices on Grain. red Winter, spot, red Winter, garlicky, red Winter, garlicky, 1.34 1.00a1 ellow, 6.50 per bar- rel; old white, 6.35 per barrel; track corn, yellow, No. 2, 1.35. N Nearby, 1.00a1.05; No. tons. The ket demand prevailing for hay is cen- tered on top grades of timothy. Re- ceipts of new hay generally are ample for presemt trade wants and the movement for weedy and grassy hay is very slow; ordinary grades of clover mixed and clover hay corre- spondingly cheap. Quotations 1 timoth 18.00a19.00 16.00217.00: No. 1, light clover mixed, 17.50a18.00; No. 1 clover mixed, 16.50a17.00. Straw—No. 1, wheat, new, 13.00; No. 1, new, 13.00a14.00. —_— e CHICAGO GRAIN PRICES. CHICAGO, September 23.—Largel as a result of buying on the part of houses with foreign connections wheat averaged higher in price to day during the early dealings. 12.00a ropean account totaled fully 1,000,000 bushels. However, better weather for the wheat crop movement in Canada, together with weakness of the corn market here, tended to ease down wheat values after an initial bulge. The opening, which ranged from 1% to % higher, with December 1.32%¢a1.32% and May followed by a sag that in some cases went slightly below vester ’s finish. Favorable weather had a pro- nounced bearish effect in corn and oats. After opening unchanged to 1% lower, December 103al.03%, the corn market showed losses all around. Oats started unchanged to % off, December 51. Later the whole mar- Ket dropped to a material extent. Provisions were upheld by higher quotations on hogs. WHEAT— Open. H September 1 1 December May COR: September December . May OATS— September . December ... May . LARD— September QOctober - November RIBS - September October . November . igh % Low. 138 131 TODAY'S METAL PRICES. NEW' YORK, September 23.—Cop- per quiet. Electrolytic, spot and nearby, 13; futures, 13a131%. Tin firm; spot and futures, 46.50. Iron steady and unchanged. Lead quiet; spot. 8.00. Zine steady; East St. Louis spot and futures, 6.10a6.12. Antimony spot, 11.25 POTATO MARKET WEAK. CHICAGO, September 23.—Potatoes —Weak; receipts, 124 cars; total United States shipments, 687 cars: Minnesota sacked sand land Ohio 90a1.00; sacked Red River Ohios, 1.10 a1.20; sacked round whites, 90a1.00 Wisconsin bulk and sacked round whites, 90a1.00; Towa sacked round whites, 95a1.00; Idaho sacked rurals, 1.25aL30, mar- | 1| was said that the purchasing fo: -1 WL WALLER HADE - EDUCATION HEAD Will Oversee Association’s Work in District—Prices Firm on Exchange. AS. P. SHAEFFER. Waller, viee ‘olumbia ment, which tional body, In a tentat Waller | | Broups deavor relati mar schools | schools, Youn hefore to h B Men's ¢ Women's delivercd forms. For dresses wi adapted semblies th ake of discussin throughout about and | Bank Declares Dividend. The board of dircet ted States Saving | the resuiar g per cent on the payal e insti of rec ition rd Instity Washington stitute of [ inaugurat :In its rooms O. Walson National Ba | chapter. ! principal the Institu e Opens Chapte Banki { Harry | clear | nated by = $10,000,000 Rond Fioated. first bond is te Bank The 1 « night Farm Loar rd Commissioner Cooper, in i | financin atio 1d P | wis.: | Kan were the p at the wo curities is wic & 194306 Cars in Repair. Surplus freight cars in gc pair on September 306. a decreas with the numb. ‘Prading on Local Trad on Was Amer | ica e : t Compan the only active i PARIS MARKET UNEVEN. PARIS, September 23— Prices moved irregularly on the bourse tc day Three per cent rentes, centimes. Exch: leentime | The 091, fran nge on London, ancs 6 loan, 65 franes € quoted at per cent doilar w ntimes BOND ISSUE PLANNED NEW YORK mb. Montgomery Ward Warehot pany, organ Montzomery Wi & C in tion with es tablishment ut in Baltimor: shortly will issud 00,000 first ror serial gold bond nts of $1 nually i October 1 i NEW YORK DAIRY PRICES NEW YORK, Rutte eceipt ery, higher ereamery, creamery, ember 23 14 than extras fir (83 " score 27,070 case closely nearb nearby Western hennor. to average, extras, nery brown. Coast white: a61; refriger: 7; do. firsts, 34%a nearby hen 55a64; Pacific sts to extra firsts, extra firsts, 5. SHORT-TERM SECURITIES. (Quotations furnished by Redmond & o) o 105 Pennsyivania K. Pare il Slax 1023 Westinghouse Wheeling Steel ‘65 1926, SCalied November