Evening Star Newspaper, September 28, 1924, Page 80

10 FINANCIAL. THE® SUNDAY STAR, WASHINGTON, D. C. SEPTEMBER 28, 1924—PART 6. FINANCIAL. [1PONTADVANE © NEW YORK STOCK EXCHANGE || 220D SUMMARY FOR THE WEEX. UPSWING IS STEADY \ 10190 99-3 101-78 98-22 Liberty 100°31 100-27 100-30 & 37 IN NASH MU]’URS 9870 96-12 101-27 98-5 Liberty 2d 4s 1927-42 101-14 101-14 101-14 3 65 = o 9920 96-20 102-20 ©¢8-8 Liberty Ist 4%4s 1932 . 10220 101-12 102«18 3 88 | b ‘"d‘"',{',:‘;“'“,f:;”m::’ st s 2 : ol 9910 96-24 101-31 98-4 Liberty2d4 101-23 101-11 101-23 3 64 | IN B i : T g B g ;1 9918 97.25 102.22 998 Liberty 3d 4%s 1928 10212 1015 10247 365 +5 AIr Reduction. . . =4 8 —— Lee Rubber & Tire. - % 2% Ry . 5 Vi 9920 96-27 102-26 98-8 ¥ 3 . 102-26 102 14 102-21 3 90 | . Ajax Rubber. . 39% 3% Lehigh Valley . 10008 so. | oea” evis o 2 A% 305 25 105 3 3185 Py lied Chem - B 3 Liggett & 5 . . Features Saturday’s Briefi 5 : TURPTE M % 3 Lieooitd Myers (B). R = Prevmeers Forty Domestic Issues Gain Allis-Chalmers Mfg pf L % 999 — T 58N 56 Lima Locomotive. . i e Sl a Am Agriculture Chemical .. . p " 15% Loew's, Incorporated % 100 103% 100% Argentine T ; . 102% 10274 102 102% : A e e Chewicd] ¥ 934 5% OB Eb% Austrinsf i Tee oen oee ‘o | on Every Business Day for 98% 3% 101 96% Belgium 65 1925. een. 100% 100% 100% But Very Active Session 28% . 4 Am Agriculture Chemical pf 50 Loose-Wiles Biscuit. . 2 . 103t 111 96% Belgium 7t%s 194 3 109% 109% 111 Two Whole Weeks. 1 American Bosch Magneto g_‘{;: ::onllard. l; i 2 d Ameri : Louisville & of Stock Market. el L : ” 1034 109 97 Belgium 8s1941..... : 108 107% 108% A 83% 91 Bordeaux 6s 1934. . 88% 881, 88l | npr. .. o 90 1.60 McCrory Stores. . Americ nLu&l-uundU 5% Mack Trucks. 99 4 994 Brazil 8s 1941....... . 96% 95 96% % Ca a 5s 1952 e e 130! S, R o ies GANNON STILL FREWMLS |+ e % 2 3 Am Chain Class A. 59— Macy (R H) & Co.. UTILITIES ARE STRONG! & - =y e T EI e 102 . 6 merican Chicle p 103% 4 Chile 851926 Soes 3% 103 103% el 18 linson & Co. merican Expr = 33y Manh o T BIoL S 5 3 Am & Foreign Powar 25 . ahoi o Blevatens 105% Chilesuagr. 1111 I LT 5 | 3 5 2 30% Manhattan Elevated gtd S t; o Scveral 1924 Peak Prices—Weak " - i _Am & Foreign Pow full P_“v ol e ot s saitbi. | ecretary Mellon Apparently Be- 3314 Mauhattan Shire. Aw Hide & cather pt 861 e _ : Copenhagen 515 1944, ... ; ¢ Spots Among Industrials. Amcieanilient Caechoslovakla 8s 1951 g . i| lieves Cheap Money Is Here Exchanges Easy. il American International T4+l I ++ +i++1 [ ++4 29 Marland Oli & Re! flnnlg 295, Mathieson Alkali. 38 axwell Motor, Class A. 10t —— Maxwell Motor, Class B. 8215 Department Store: ~d_strength of the motors and American Radiator 36 1 oldwyn Pic pfd Gt e e S 3 ‘American Saf 14% 2 Mexican Seaboard. strong tone of the rails were the A 10% —— Am Ship & C e Al S adniCauper. - chief developments in today's brief | joam American S b : Midland St Pr ptd (8)" but active session of thie stock mar- AT CA OO s sohid 6 MoKan& dexasnew. T mmai el T s 31 American Steel B 37 2 Mo Kan & Texas pf new. for a net main of %. but many of the | gg % 5 e L : : i - iscouciFaci endency to heavine 3 i 5 Al Montana b N ieaa. Am Telephone & Teleg. ... 1270 375 — Montgomery Wa hest price since the distribution : LS ReElcan. eh 1043 5 3 Mullins Bo of @ stock dividend two vears ago. : s e 9t 110 Other motors improved in ssmpathy SR 125 Shiter. MBI American Woolen.. . . . Sen 5% Bow their previous peak prices. Re- ARG 5 Ports of increased car sales formed ! el A Hicenee . 4 g the basis for the buving of tucse| g oo A < i 1'_,; 9 234 New Orleans, Tex & Mex. ssues ! Dry e § 2 214 26 ew York Ail Brake. Utilities Still Advancing. 9 P 7 A 5 D 23% 28% A Y Air Brake Class Public Utilities continued to respond : 46 chison, Topeka T ] Dae 2ts 2f L N Xork Ganhnors S5t & rumors of increased div w1 b Atlanta, Birmingham & At. . New York, hl&s Lh;‘m Yoo 5 bursements. La Clede G Atlantic Coast Line 3 b N"’ ‘.‘”“‘5‘“‘"‘ e and Electrie, Standard Gas and 4 Atlantic 2 65 5 New York ™ H & Hact SheZm tric, Public Service of New Jersey and % o Atlantic Gulf & W I pf Nk Al 23% Consolidated Gas of Baltimore break- —— Atlantic Refining. . NI Ontaclo&Westgm... 2% 126 ing through their previous top levels. 9y 7 Atlantic Refining pf. . OXfCI Spiheen 2 IS St Louis-San Franeisco Railroad | : Austin Nichols. ........ .. Northfollcd: W estern o issucs ‘continued o discount the ex-| 8% 7 9 Austin Nichols pf. ... ... ... 893 i 8 2 oo eRtorn pL e the preferred. bk ot e O e 5 4% Baldwin Locomotive . 1247% 12 2 2 25 5 North American pf. .. ... 484 47% 96 Bethlehem Stecls f 65 1943...... 8 961 .56 96 day’s meeting of the board of direc. 60% A 52 5 Baltimore & . - Northern Pacific. . . 66l 64 107% Brooklyn Edison D 1940 > 9 9 109 109 tors, the common touching 31 and |, S9, o 2I° Tamadall. O 5 Orpheum Circuit. .......... 22% 22 GEntalTes SHen by ek 225 L0his the preferred. 66%. Atehison led the | gon Otis Elevator (new). 0% 6875 ChiloCopper €2 19 RS 10516 100k advance in high priced carriers, mov- | Sise Otis Steel 7% Th T E 4 86 ConsCoal (Md) Isref551950... 88 88l | ] : 2 car] ing up more than 2 points to 103%.| o A% 2 Owens Hottle Uooaz ey 4 Cuba Cane Sug cv deb 85 1920. 99% 93 993 993 | AT LT e Ty "The only o Southern Pacific, Lackawanna. New | 1ot g Bethlehen 5 s 2 Detroit Edison ref 6s 1940. ...... 106 1061 1064 | 28 cheap as it is today o only sur- York Central and several others Brooklyn Edison Eleetric. .. Pacific Gas & Eleetric. 99 97 Du Pont de Nem 7 9 % & 1033 1osiy | (RDSINEINING 15 (hatithere liould: cve Brovedl trattionaily pakitai s Brooklyn-Man Transit. Pacific Oil.. . . 48% Empire Fuel & Gas o o 954 96u | have been anr doubt about the inhe 1 3 Brooklyn-Man Transit pf ackard Motor Car. L e General Elcctric deb 5 o 4 104% 1041 ¥ etrong technical position of the Run-Up in Cast Tron Pipe. 2 : Erooklyn Bnior Gas. . ‘ackard Motor Car pf. Goodrich (B F) & v . 99 98y, | gy jivesment: situation United States Cast Iron Pipe was : 3 9 Brown Shoes Pan-Amenican Pet Trans. Goodyear Tire . 3 105 rgey | Pesicrs and tanees axe stlll proceed Bid up nearly 4 points to a new tap| 144% f jurns Brother Pan-Am P Trans Class B. Goodyoar Tire 83 1941 -, .« s+ sx s 1195 119 | ing cautiously. probably because pres (iR Rl new s D Paric & mitord. .. e HiSs 9975 100 ' | ent-day quotations look hizh compared e H e “opper § Zinc. Pennsylvania Railroad. Indiana Steel 55 15 : 101% 102 | with those of last January. There is a was noted in Commercial Solvents B., I Butte & Superior. *s Gas, Chicago. . Inter Mer Marine 65 1941...... R 83 R&y | minimum of speculative buring, a fact Pont. Iron Products, Remington | 22 : Butterick Company . 4 " Inter Paper 5s & 1847 £6 [jeich mekes Khefme ekt oes s ool Tepewritor and Norfolk dind Soutnern, California Packing e : e B e e e b s or more. merica oy = > e S ackawanna Steel 5s 50. same ¥ abo = i it St L el - delphia Co pf. . Manati Sugar s £ 7 i | high, £o they reason there must sooncr Foreign exchanges P slightly § Central Leather Co Philip Morris & Co. ew England Tel. 9 . % % 100% mn.,,‘ymum». euch a change will eventualiy in quiet trading. Den wrlmz{ 7 24 e Central Leather Co pf. 31% Phillips Petroleum. 3 New York Edison 1st 6% 1941... 3% 112% 113 | come. but the best opinion among bank ruled about % a cent lower. around | 334 25 Century Ribbon Mills. 6t Plerce-Arrow.. . . Ny Ga L E PSR, .. 75 100~ 100% | ers and cconomists is that the turn i 4.46%, and French fra held rela- | f 9 Cerro de Pasco Copper 185 ——— Pierce-Arrow pf. 3 1939, 96% 97 | still distant. Some even predict low T steady, just abo; . Other| 45 2 3 - rtain-Teed Produc B ’x’,;‘l'["fu“"';h“f ~w York Tel 65 1941. 105% 1067 | terest rates for the next two years uropean rates showed only nominal| 7 Chandler Motor. S 0 BItiT Frr rth American Edison 65 195 B 961 97 | rged to Act. changes. i o 7 Chesapeake & Ohio 974 $1.20 Pittsburgh Utilities pt 55194%. 5.2 98 93 WEcassry rs 1047 “hesapeake & Oilo bt . o 120 Pittsburgh Utilites ctfs Pacitic Tel & Tel 55 1952 3 921, aoy | That this problem as to the moncy ) “ I 0 & Alton. . .. CONFUSION IS NOTED | z ;s » hiien & Alton e = Dlobun ik WitEin Philadelphia Co ref 65 1944. ... 102 1021 | outlook is attracting wide attentio 624 + Eastern 11iinois pf. Public Service 5s Sge 104 104y |is_shown by the recommendation IN STEEL MARKET| - — hieatod Sreat Western . ; ; 25%, - 3 431 Market St Railway pr pf e erics Linseed Denmark 8s 1945, . 2:3":11 L . ;)ulr‘: ;nl‘}lfls Z.\ 1947. . ... Jute st Indies L e OE 5 < 951 | . » Framerican Ind Dov 7 i BY GEORGE T. HUGHES. 4 French Govt 7145 1941.. ... 3% 1028, 1034 | SPLCA) Dispatei to Ty French Govt 8s 1945 A 1 4 106z 107% NEW YORK. September —The Holland-American s f 65 1947, ... 815 818 | Consistent movement the markets of 4% Japanese 4s 1931 i 21 " 813% 81% the week has been found not stocks 4 Japanese 6145 1954 21, 93 921, 92% | °T commaodities, but in bon While 4 Jergens Utd Margarine 65 1947. 2% 813, 821 | SPeculative sentiment has been greatly Lyons 6s 1934. = . 881% 88% divided, and opinions as to the outlook fln&c\l!tnfi!(?fl sesen 3 88 88% | for trade at va nee. the demand for Netherlands 6s 1 il e 9615 98 | investment securities has continucd un- 1127 10 » Norway,8s 1940. . .. z . 113% 11214 11214 | abated 78% 63% Paris-Lyons-Med B 80%; 81%| It has not been a market of spactact 102% Quecnsland 6s 194 e 3 315 103 103 | lar advances, and prol Queensiand 7= 194 S 410915 110 | impressive on that % Rio deJaneiro s 1946 5 5% 94% 95% | movement has been very slow, but very sa0 Paulo, State of, $5 1936, ... 100 100 |steady. Taking th: average price of 4 ine, Dept of, 7s. . . 5 93% 941 941 | domestic iseue. has been a gain rbs Crotes Slovenes 88 1 s B9 B9 | oW cvery b o e veden 65 1 3 105% 105% | Tt is not alone the so-called gilt-ed iss Confed s f 8s < 11412 114% | bonas, as United Stat iove United Kingdom 109% 109% en Al At et aenl il United Kingdom 5% 1937....... 105} 101% 105' | which ha Ser i e St INDUSTRIAL AND nue( i zood middle d second grade issu 82 Amer Agri Chem 615 9615 96% | have been quickly absorbed. 92 :mrrsmtl(?{lfit!‘hl‘:’»‘!:l 2o 931 Prices Near High Point. 96% Amer Sugar Refining 65 1937. 0i 100 99 e 2e 913 Amerilel e Melalienasdnte. .o 101% 101% | they are closely approaching it. Th 94% Anaconda Copper 6s1953.. ... 9, A 973, ok TR R e 941 Anaconda Copper cv deb 7s '35, 993, i e e e e 4% Axmout & Codiice 193 St Sl 831 other Liberty bonds are still substantis 96% Atlantic Refining deb 55 1937.., 9 PR Rl e 9714 Boll Tel (Pa) ref 5x 1948........ 1004 100% | fractions =i 87% Bethlehem Steel p m 58 1936 9. 881e 89 for Long Time. e+l o+ Br the Associnted Press. | NEW YORK, September 27.— Pro- 3 American Metal R N I N I | I+4++4+411 time, banks and institutions have T entercd the market, indicating _conf jdence in its stabilits. Such confidencs is not_surprising when it is remembe that bond quotations were higher 1922, to say nothing of 1916 and pre + +|n+++[+++¢++||+w+‘4++t e | aaaf | 8 e ++\+||\+<+ PSP 3415 L4+ ++++4 ++l+¢’ o |8 & e P+ttt Producers & Refiners Publi Pub| rvice $% Puliman Co. Punta Alcg!c aunr Pure Oil. Railway Steel Ray Cor li Reading . 34% Reading 15t pf . 324 Remington Type T Replogle Stecl 42 Republican Iron & Steel. . 97 Reynolds Spring. 61% Reynolds Toba 115% Reynolds Tobacco, pf. 40% 4.42% Koyal Dutch otfs Y ). = l{ull..\nd pt nelair Oil s 19 - n 584 90 |2dopted by the investment bankers Sinclair Crude Oil 5125 1925. ..., 100% 100% |their convention in Cleveland this % South Porto Rico Sugar 7s 1941 = 102 101'% 1021 | Week, urel at ] 26% « — Chi, Milwaukee & St Paul 45% i 88 Chicago & Northwestern. the Governmen Union Bag & l'aper 6s D. 2 3 925 take advantage of the present situ- United Drug cv 8s 1941 115% 115% | ation to issue long-term bonds. The New Price Basis Hard to Get in| 37 Chicago, R I & Pacific. | 8 % : Chi, R 1 & Pacific 6% uUs 9 3 84 84y |argue with much force that if the TS Rubber 7155 1930 ... .cvnnnst A 103's 104 |prevailing opportunity to sell Gov- Working Order—Other 95 4 Chicago R I & Pacific 7%. . — zo Yellow Cab. USSteelsf551963. . ...... %5 105 104% 105 |ernment securities on a very low Utah Power & Light . 91% 913 | vield basis is not accepted the Treas- Metals Reviewed. ! 30% SRR | 8% T+1 0+ Va-Carolina Chem 714537 wa 326 31% 31 31| Against this view may be set 4 Western Union Tel 6125 1936.. .. 1105 111y | the action of the Government bond Wilson & Co Ist 6x 1941 874 871. &7% | market itself. Wilson & Cocv 7 [EERREIR 544 52 1t is not without sigmificance that RAILROAD. {the strongest Government obligation Atchison gen 4% 19 . 5% 190 893 {has been the one of longest term Atlantic Coast Line 1st 45 1952.. Sor. 37 {Purchasers of the Treasury $%s Balto & Ohio prin3%s1925... 100 | parently do not fear higher rates for Balto & Ohio gold 45 1943 .. ... .. 73, 871, g7y |MONeY, and so far Secretary Mellor Balto & Ohfo cv 4125 1933........ 9 s seems to be of this opinion, as al Balto & Ohio ref 55 1995... 2 B the Treasury financing has been short Balto & Ohio 61929 5 2 o [term. He would hs have bor- B&O Pitts L E & W Va 4s 1941 y ; rowed money for one year at 2% per B & O Southwn div 3145 1925. . 97 95 a | cont it had believed that 12 4 Brooklyn-Manhat s f 65 A 1968... months hence he would be obliged i« Canadian Northern 61 L 6% 117% 116% 117y | PAY @ much higher rate Canadian Pacific deb 7 s 79% 80 Bankers for the Canadian govern- Carolina Clinch & Ohio 551938 993, 100 |Ment seem to agree with the Secre Central Pacific 45 1949..... S 873 ggi | tATY Of the United tes Treasury Chesapeake & Ohio cv 4125 1930 : 86 gy At any rate. the dian govern- Chesapeake & Ohio gn 4135 19 {ment this week marketcd $80,000.000 Chesapeake & Ohio cv 5519 9T, g in one-year notes at 4 per cent CRIcEs0/ & Mitonisfs oreizm Tssues Gain. Va-Carolina Chem s f Z 2 60% 61% {ury ma ve to pay a much higt 83% By the Associated Press, 353 y NEW YORK, September 27.—Steel | 45% Solorado Southern companies are stilly working on the| 37% .60 Columbia (new). new price basis and the market re-| bl 5 Columbia Carbon. ... . mains somewhat confused with com-|—— 4 Commercial Invest Trrust. petition appearing in the naming| 46 73 Commercia: Soiven . of differentials in various territories. | 40 3 Commercial Solvents Buying is for prompt needs only and | 184% 4 4 Congoleum Company . bookings for September are behind the | 221 ¥ Conley Ti previous month, fabricated orders be- | 39% ing cq\rflva!unl to only about 45 © fid cent of shop capacit Pig i Z “onsolid i rather quiet in mrr‘-,\v i _m" T 4 Continental Can.. .. St Louis Southwestern pf. ers are awaiting the outcome of the | — CormiBsoduels Refinfue - 0 2 5 vage Arms : new steel pricing system. | “osden Company [ 4 3 r 2 Schulte Stores. Copper has remained quiet with | A T4 A 4 ' % e 5 ( s Seaboard Air Line. around the 13-dent level | 3 3 A = o = t 3 Seaboard Air Line pf electroly Both buyers and | e B i ! 4 65% s .{unbmkA 3 sclllem are id to be awaiting de- AL 2 o elll'\l')zul\ velopments. Simmons Company . Tin has continued sensitive to| minis Petroleum Chi B & Quincy 1st ref 5s 2 3% 4 5 SheEs on iy N G ondon interests, ‘:‘;‘;‘5,‘;“" oi Chi stern 111 gen 5s 1951. . 3 U:h:'h:n(kru;; advisers of the Arge , after declining sharply, rallied on & lolior 7 9 Chi Great Western 4s1959....... 5 : te and o ance covering and a good demand from Sloms Shemmela Stld1roo. 3 Chi M & St Paul cv 4 6 e oneie uthern Pacific % Chi M & St Paul gen 45 1989.... T B0ic these governments in the same way Tieotl reistns giet and nuckanges; Southern Railway . Chi M & St Paul ref 415& 2014. . 915 B11g Perhaps too much stress should nat although an easier trend Mas boen Southern Railway pf x 0% | be put upon the case of France, as noted in the West, icer Manufacturing. . Chicago Railways 551927, ...... - it is by no means certain how the Zinc showed more firmness because picer Mfg pf..... Chi R 1 & Pacific ref 4s 1934 3 b E i market would have taken Tonw ot fiicreaNeateapore e H Stanaard Gas & Electric % Chi Unlon Station 434s 1964. ... ‘ 2% | term French loan. We shall know Aitimony: Goill yetetat the: idis- Standard Oil of Californ Chi Union Station 615 1963 . 116 B | more about that after the Germ turbed China situation, and, while quiet Standard Oilof NJ........ 35 y Chi & Western Ind con 48 19 7 12 775 | bonds are offered. Incidentally continued firm. ¥ Standard Oil of N J pf. = i 57 CCC&StLref 6sA 1 mé 41 may be mentioned that foreign Standard Plate Glass. % Cleveland Term 51s 19 105‘: curities have shared in the genera Sterling Products. Colorado & Southern 4143 Yai | bond market improvement this weck Stewart Warner Speed Cuba R R 58 1852. ... §3r¢ | only to a moderate degree Stromberg Carburetor. Delaware & Hudson 5 . 102 101% 1005, In the more speculative field, rai 2“;‘10?-*}-9"- Den & Rio Grande con 4s 1936. ... 7915 ‘g3 | road securities have been in favc ubmarine Boat. s Den & Rio Grande 1st ref 55 1955 oy, | this week. This is partly because the e - Texas Company. A : 15 Detroit United 41os 193 2 9,,2 car loadings show gratifying gains Dividends Up for Action Tuesday Federal Mining & Smelt pt 494 50 Texas Gulf Sulphur, Erie 1st con 4s 1996 737%| and partly’ because earnings state Fifth Avenue Bus. 11 11 —— Texas & Pacific. . Erie gen lien 4s 1996. é" ments are making more favorabl and Huge Surplus May Also Fisher Eody. Soes 18 184 % . Texas & Pacific Coal. Erie cv 45 A 1953. Gir | comparizons with those of & year a: E L g ari v ?| than they were in the S T an e Blsaeed: Timken Roller Bear. Erie cv 4s D 1953 3 pring and Special Dispatch to The Star. Fisk Rubber 15t pf. 5 64 3 Tobacco Prodi . Grand Trunk s f deb 63 1936. . ... 75 98% | carly Summer. In other words, the EW YORK, September Tucsday's meeting of the a Grand Trunk 7s 1940 5 116% 116 trade reaction had surprisingls Foundation Company . 82 5 - 116% e oc affic. P ctions Eptndation Compsny. - > Sat e Ser e i Great Northern gen 53¢ 1362.". oD, 1075 | little efect upon tratfc. Prediction freane Union Bag & Paper o Great Northern gen 7s 193 109t 109y, | that the n would solve its S e ol e General American Tank 45 Dhlon Dag & o Hudson & Manhattan ref 55 1957. 861 refunding problem of next year with- Commitiee eel Corpora- General Asphalt. : 2 Jnion Pacific........ L 141% Hudson & Manhattan adj 55 1957 3 © 87 | out difficulty added to the optimistic ion is expected to be unusually im- | General Asphalt pf Union Pacific pf. 4% 67 675 > 5 portant from the stockholder's stand- Union Tank Car. .. . BRI point. The question 6f dividends and the much_talked of surplus which 5 1 1llinois Central 5%s 1934 102 103y | feeling as to the general railroad e United Cigar Stores. . B3y Tnter Tapid Transit ov 101933 Bots o3 S3% 838 | Sreasinaly nrosperous and uhout : United Drug 9234 amounted “to mearly $500,000.000 at | the end of 1923 are to be discussed, General Elect Inter Rapid Transit ov 7s 19 creasingly prosperous and about th eneral Electric o 2 Inter & Great Nor adj 6s 195 634 65 H only remaining weak spot is to b i T g nited Drug 151 p¢ . 50 Kan C Ft Scott & M 45 1936. 2 60%| found in the Northwest. - Heavy 61 General Motors (new). i Daiees 214 81% | train traffic may cle that although no statement is anticipated. | ——— g Tnited Railway Invest. .. ... 231 |iszatnitratiio mayjicleds up G It is understood that the officials of | 89 = the corporation have not been 28 2 ¢ . 60y Kansas City Southern 3s 1950 i 71n t,:::;:l‘ L g United Railway Invest pf. 5174 Kansas City Southern 5s 1950 c 894, | Public Utilities Strong. 4 8 = L3 == : U S Cast Iron Pipe & Fdy.. 115 5 altogether pleased with the flood of | 105 B opinions as to what policy they ey n Francisco. ) Fran pf. St Louis Southwestern R A B o I I B I S B R ey | mel l-'ruu. . Delaware & Hudson - 127% lZ?‘a Delaware, Lacka & West. 137 138% Detroit Edison. .. 108 109% Dome Mines e 15% 15'% Du Pont de 37% 130 133% Duquesne Light 1 . 107 107 ‘astman Kodak. . 109% 110 on Axle & Spring....... 9 9% Electric Storage Battery 3 57 58 Endico son . . €41 65 Erie Railroad 2 27% 27% i — Erie Railroad . . 37% 37 TS S R % 2 ne Railroad 2 - 384 3% 8T% GREAT INTEREST NOTED i TR s R 7 5 .60 Fairbanks, Mors & Co. 2T% 274% IN U S STEEL MEET Famous Players-Lasky . . 80% 834 . O ING o % Famous Play-Laskey pf.... 97 97 Federal Light & Traction... 81 87 ] \ Pl it LI+ 44+ 44+ Dbt + AROARARNE® | aane |0-I+l+1+|+++¥+ll+l Ry Nammm\a\mull‘o‘ 8 | Pttt lbt L4+ P44+ 1+ |+t 62 69% 87 L4444+ | 6% 24% 445 69 40 28 3 3gs 10% 36% 7% 34 233, 221 20 3 14 16% e 14% 54 35% Flt+++ 10+ 1+ttt 1+ I+ ]+ el i) 1HHIII“I"?I”I“HI“H\? e FE - -mdn[ ] Iqu FEAFFIPRRFEFFER FrEFe I+ 1 114e+ LI+ 144000} LI S o I I S o o I e (R B I S R | ol |o]o]]|2o] ||| eowee] }§m1@..;n|.m.m| |wm\ L..\qlmwi 5 P+ttt oy EFae - % Lake Shore 4s 1928 A ades Moto s G 98% | As to the public utilities, the out Ceners Motore i deb. 5 iy US Cast Ir Pipe & Fdry pf. 96% e S N isio look is so bright that attention has == Gimbell Brothers 59 ESTISIbGumnCoron . 3015 Vil Elce Ry & Lt 15t ref 68 61, . 314 been concentrated upon the stocks should follow in paying out dividends, | B1% ot e . 108 25 U S Hoffman Machine. 23% Lo g’é’\fi’g“’sigfi” o1 i A where the possibility of speculative The capitalization of a portion of | 102% fi% Goodrich (B F) Company. . . i 2% ' 3% U S Industrial Alcohol 2% 2 i A 5 213 | profits is greater than with the tho corporation's surplus a month | 41% 17% 324 Goodrich (EF) Copf. - 841 106 United States R & Imp. s BI0 Ean & iex it As1330, 81 bonds. This is especially the case hence and its distribution in the form | 92% Eoa Goodyear Tire & Rubber p, €3% 64% United States Rubber. 36% e ) s with shares of the holding companies of a stock dividend to share owners, | 62% ] Granby Consolidated % 18 105 U'S Rubber 1st pf. ... . 88Y Mo Kan & Tox pr In 35 A 196 2nd instances where stocks have been have been mentioned as a possibility. | 33 e Great Northern pf. 64 43% U S Smelting & Ref AEishouslERCo Eon S80S split up. Meanwhile the preferrcd The regulars $5 dividend undoubt- | 80 L Great Northern Ore ctfs 29 109% United States Steel 2 Missoupl Eacifoies [009: shares have been almost entirely edly will not bd increased, although | S8 S5 GrestWestenlbiar: . 875 128% United States Steel pf. . .. o S e e neglected. In the judgment of many extra payments, maintaining the |~ 18% Greene Cananea COpper. .. . 154 e Uriversal Pipe. .. N Yot Gt TAG se 985, investment authorities, the vields on total disbursements at the $7 annual| 34% 22 Gulf, Mobile & Northern. . .. 17 Univsl Pipe & Rad bt (1) 574 New Haven deb 45 1957 : S I L L e Sy rate, will continue. P % Gulf, Mobile & NortHern pt . 69% Utah COpDer.............. 78% NN e e atb Eadaas are out of all proportion to the risk 104% 65% 9% Gulf States Steel... 727 Utah Sezurities . 35% ¥ West & Boston 4%s 1946. ... 52% lnyolyes, by Consatidateal Bresi GRMN FUTURES SOAR. A e % Hartmar. Corporation. . 32% Vanadium Corporation. 2614 I R s s 52§ S4u| copsright, 1924, by Conmlidated Prees r 5L% Hayes Wheel., ... 8 34% Va-Car Chemical pf. . 4% 106% Norfolk & Western cv 6s 1929 4 125 1255 ot e 39% 5% 85% fious?holgv]l roducts........ 34% Virginia Railway & Power 6913 56% Northedn Pacific 3s 1947 - 2 61 e‘l’u CLOTH PR'CES HIGHER. Wild Trading on Talk of Frosts| 1 40% 2% Hudson Motor Car : % T i : 1005 Northorn Pacin ref imp 65 2017 106 Tome 106h 1300 525 3 = . . 7 a e % cific ref imp ; Y 10 : i g and Export Demand. bt 18 Hupmobile Motor Car...... 14% 13 g ; 924 Ore Short Line ref 45 1929.. ... 981, o7s ‘oo Mark 4 CHICAGO, September 27.—Immense | 117% 114% Illinois Central. . . 109 w,“,a,hf,;u 9% Ore-Wash 1st ref 4s 1961 83% gon sa" Dry Goods Market Reports De. export_business in wheat, together | 107t 102 114% m;;;::jgzy‘:::; L7 . \{gx Waldorf System (new) . 0% ey el = 94% 9313 94y mand on Increase. With fear that the corn crop was in | 1% 254 Ingersoll-Rand ) 250 w:fi:‘::fi?fibmmr % 1075 Dennsylvania 6125 1936, . 2 100s it 19%| NEW YORK, September 27.—Cotton imminent danger of big damage by |18 38% Inland Steel. . e 35% e i West Ponn Co (The) 21 Peoria & Eastern inc 45 1990. ... 38 36 39y Eoods markets ended the week with frost, whirled grain prices upward to 4 Inspiration Copper. . . 25% 25% 3 91% Pere Marquette Ist 5s 1950 98 49y S| igns of increasing demand and high- day, but lively profit taking wiped ‘g,v/' W 39% Interboro Rapid Transit. 26% 24% 90% ; LK v“é'”: Pe"é'lpcx c pf. §7% Reading gen 4s 1997 ¢ % 95% 9474 97%| ir prices. The American Woolen Com- outthe wheat gains. O the advance, | 2 107% Internat’l Bus Machines. .. 1044$101% s A e . 60 Rio Grande Western clt 45 1949 7215 704 3 |pany has withdrawn many women's all deliveries of wheat and of rye| ;o 50% International Cement. 50% 49 A 105 T Western Maryland 2d ot 74% RTATK &L 4755 1934, .. ... s 83 807 g | Wear woolen lines from sale and outdid the season’s previous top| oo 30% Internat’l Comb Engin, 304 264 X 1a% Western Pacific. 72 StLIM&SR&G451933..... 8415 831 g4 |several mills’ products in men’'s wear price record. Wheat closed easy at| ot 291 International Har, new..... $95% 94% e 58 Western Pacific pf. ... . 66% St L &San Fran prin 4s A 1950... Tl% 704 71% | woolens also have been withdra % cent met decline to % rise, De- | iy 11 Inter Harv pf (new)....... 111% 110% 119% 101% 105 ‘Western Union Teleg. 116 $112% 80% St L & San Fran pr In 5s 1950. 86 85% 85% | The easing in raw silk prices cember. 1.381; to 1.38%, and May, 1.44 | mgq 43% Int Mercantile Marine pf.. 41% 39% 120 76 84 Westinghouse Air Brake. ... 95 = 93% 87% St L & San Fran 5%s B 1942 i 95 9315 945 |done much to encourage silk m 1o 1.44%, with corn, 3% to 4% up,| gy 19% International Nickel....... 18y 177 eiie b2w 55% Westinghouse Elec & Mfg. 64 621 72 StL & San Fran adj 68 1956. ... 81% 803 81 |chants in their . Spring sale plans ocats showing % (0 %a% advancei som 59 International Paper.. ... 51% 474 10 6 734 —— Wheeling & Lake Exle. . 18% 125 68% St L & San Fran inc 6s 190. . 6 % 76 |Finens werc in better demand for and provisions unchanged to 17 cents | _—— 16% Int Rys of Cent Am. - 15% 14% 19 10 14% —— Wheeling & Lake Erie pf... 24 23 47% Seaboard Air Line ref 4s 1959. 5 58 B 57% | household uses. Heavy knit goods higher. 1% 86% Inter Telephone & Teleg.. $86% 83% 30% 20 % 23% 2 White EagleOil 241 23% 24y 43% Seaboard Air Line adj 5s 1949.. . 64% 62 647 | lines continued to move better, espe- It was estimated that export pur-| 411 5 32% Intertype Corporation. . 29 28 60% 45 50% 4 White Motors.. 664 63% 654 68 Seaboard Air Line con 6s 1945.. .. 831 811 8315 cially knitted outerwear and dress chasing of wheat amounted to 3,000,- | 19% 16% Invincible Oil. ... 18% 123 42% 19 4% —— Wilson&Co...... 65 5% 6 92% Southern Pacific cv 4s 1929...... 98 97% 98 | fabric 000 bushels. In addition. foreign buy-| 58% 52% o S, = 4By 4D 87 63 214 11 —— Wilson & Co pf.. 18% 1% 17% 2 81% Southern Pacific.col 45 1949.. ... 85 5 ing of future deliveries. of wheat were | 42 % 234 Jewel Tea. .. 22% 20% 1% 6 % 614 — Willys-Overland. & 8% 84 814 856 SouthernPacific ref 4s 195! ] 904 3 9 = P of considerable magnitude. Meanwhile | 63% 27% Jones Bros Tea Ll 16 15% 83 424 88 61% — Willys-Overland pf. 69% 68% 687 . 5% 69% Southcrn Ry gen 4s 1956 z WL T4 | * FLOUR BIT HIGHER. reports were current that the rye; — 834 Jordan Motors . 31% 31 M 7214 3 Woolworth (new) - 118% 110 11214 95% Southern Ry Ist 55 1994 . - 1015 crop in Germany was so meager the | 24% 20% Kansas City Southern...... 224 20% 0% 19% 23% —— Worthington Pump 4T 36% 44% 101% Southern Ry dev 6% s 195, o 10715 106% 1073 | MINNEA September German import requirements would| 7% 48% 55% Kansas City Southerd pf.. 56 55% 102 26 68° 7 Worthington PumpA.... 85 80% 83 89% Third Ave adj 55 1960. . . : 514 49% 503 | Flour unchanged to 10 cents higher exceed the total crop of rye in the| 45% 38% Kayser (Julius) & Co...... 21% 18% 1% 59% 58% 6 Worthington PumpptB.... 72 170% 71 88% Union Pacific 1st 4s 1947. 934 23, 997 lat 7.55a7.80 a barrel. Shipments. United States and that Guaatitics of] 621 35 Kelly Springfield Tires. 18% 17% 80% 37% 85 3 Wrigley (Wm)... .42 a1 1% 95% Union Pacific cv 451927, s 99% 991 9914 | 43,069 barrels. Bran, 24.00. Wheat, No. L wheat would have to be bought in-|117% 101 §"""’Z}‘g°"~- 93 92 = 44% 5 Yellow Cab.. 53% 52% 6235 % gfi: \‘(Vlrilni:x; l:)él?;g; 196: . 13?’" o m\' fi:nhe‘:-; 1,3;5;, u]sv; >ep:1u‘n‘x:£:.‘ ‘1“ v .ennecot ‘opper. 4 47 ‘abas] st 5s . % cem| g 3 lay - sal. . SR e B T a0 Kinne (G R):r. 0% 7 Dividend ratesas sizan tn the above tabls sre this annual chalpayments | gra 58 Western Maryland 45 1953 64% 6414 64 |Corn—No. 3, vellow, 1. And harvest elay in Great Britain 62% Kresge Dept Stores. .. 521 B4 based on the latest quarterly or half yearly declarations. Unless otherwise 3% 79% Western Pacific 55 1946. % 914 904 91 |3, white, 43%a4o%. and other European countries, 8% 75 103% Laclede Gas. = 103% 99% uoted, extra or speclal dividens are not included. tPartly extra, 8% West Shore 15t 45 2861, ... 000000 831 84 824 B4 ' a228%. =