Evening Star Newspaper, September 29, 1924, Page 24

FINANCIAL STOCKS SELL OFF INFINAL TRADING vieakness in Coppers Felt by ERest of List—Break in Nash Motors. BY STUART P. WE Special Dispatel to The Star. NEW YORK, Sept mber 29.—There was nothing of sufficient impor in the news over Sunday to stgck market sentiment. Conseq Iyl operations were resumed the same lines as they left off week, namely concentrating the - ing power upon various individual stocks and oups of stocks, while letting the rest of the list take its natural course itiex Again in Favor. in in favor. Advices from Baltimore that the Con- solidated as & ric that city was earnin its 38 dividend be- tween thre and four times caused another advance in th The floating supply was m the boardroom as bein small, Pacific Gas & £ $8, was bouzht bec attractiveness of its vield. It sold at new high around par. Rumors of dividend inc ccompanied the rise of Public of New Jersey to 63, new high. An in Atchison div de from 6 to per cent has virtual 1¥ been taken for granted. The question is fully thi unted in the present Toduy Atchi on, paying a point higher than payin Break After its Z3-point sharp reaction in “not surpr The eral Motol <hares fitted in timations which have been quietiy circuluting for the last few days that nking interests connected with the mpany would not object to have a better market for Gen 1 Motors tocks during the period when tr ceapitalization plan is being put into tud continued to be :ly aroun s high ot 4 president of the company Wi QuOted s suying that operations wi probably run &t capacity unti Chiristmas Among the feature was he buying was that wiile the regular the extra, wmounting to quarter, may be arded ax T ably afe Merger Rumors Merger rumors rise in Chicago eat Western pr 1 1 acros and the u ual vity common. The fa that the ul reported for August a decrease, both in gross and in net, broug esh selling S aul share orthern pre- Terred was als ¥ as the result of the poor showing in its Augu ities w how dise price nearl Centra Naxh W, rise 1a Nash Motors action of G with i motor supp ¥ stocks fhe Timken Roller Bearin; based the 1 tivigend 1s Za cents @ ason- Help Rails. accompanied the shares continued unde Cosden at selling new low for the year. and Sincl Phil- lips and some of the others getting down within point of their 1924 lows. Most of this ling appeared 10 represent the taking of specu- lative losses in this group with the idea of recouping in others pres- Coppers Woaken List. What hurt the arternoon stock mar- ket was th s in the copper sh T »ther instance, like that of oil, where the predictions from the high ade sources have gone wronz. The copper metal is of fered now at 13 cents a pound, wher: as only a month aro it was selling at s and Wall street was en- about the prospects for a further rise in view of the adoption of the Dawes plan. The copper in- dustry has wakened to the fact that ropean economic recovery is a very mulating id-a, but that its fulfill- nt is still & good ways off. here will have to be extension on large scale of private American credit before Iuropean buyi n be materially incre: % granting the balancing of the Euro- pean budget and the ptinuity of reparations payment ROCKVILLE. ROCKVIL Md. September 1)—In the presence of a large & of members of all denom- the corner atone of the $3.000 addition to the Methodist Church at Potomac, this county, was laid yester- Gayy with elaborate exerci: Morn- ing and afterncon services were held. Rev. W. L. Willig, pastor, was master of ceremonies. Addresses were de- livered by Rev. Henry P. Hamil and Rev. E. Regester of Washington; Rev. Nolan B. Harmon, jr., pastor of the Rockville Methodist Church; ‘Rev. P. Rowland Wagner, pastor of the Rockville Baptist Church; George H. Lamar and Willis B. Burdette of Rockville, an® others, and a special musical program was rendered by a large choir under direction of J. Windsor Walker. The addition will consist of an feet, with a basement, 20 by 30, which will be equipped for social functions. The present building will be partitioned off into Sunday school rooms Unless the weather is unsually mild during the early Fall much of the corn now growing in the county will fail to mature, and the farmers will suffer thousands of dollars los: Women of the two political parties in Montgomery County are giving demon- strations of what real party activity means, and have begun to “whoop things up” in a lively fashion. Under on of Mrs. Jesse W. Nicholson of “hase, who is chairman of the Democratic Club of Mont- County. in addition to being a of the Democratic national con- gressional committee, the Democratic women have held several big meetings in behalf of their party’s presidential and congressional candidates, and have planned many more such gatherings. led by Mrs. Harry A. Dawson of Rock- ville and Mrs. Edward L. Stock of Bethesda, chairman and vice chairman, respectively, of the Women's Republican Club of the county, the Republican women have held a number of big meet- ings, and have established a headquar- ters in Rockville. Until the officers of ration, who will be in session Tuesday of this week and the same day next week to register and transfer quali- fied voters, finish their work, the wom- en of both parties are expected to be pretty continuously on the go. With the clection but five weeks off the men are expected to “wake up”’ within the next few days and make up for lost time. DAIRY PRODUCTS. B, September 29 poultry—Spring 1b., 20a25; Leghorns, 20a22. Leghorns, 16. Old Ducks, 1b, 16a2l. 20a; Guinea fowl, (Spe- chick- old pair, Pigeons each, 50a7 Eggs—Native and nearby first free cases, doz., offered, 46; bid, 4 quotations, 44; receipts, 1,305 cases. Butter—Creamery, good to fancy, 1b. 37a39; prints, 39a41; nearby creamery, 35a36; ladles, 30a32; store- packed, 26; process butter, 34a35. . TAp reading is now being taught by xu‘vingxblgo‘)‘ . .13 13% the @id of mowving pictures. only | has been ! into the | power | even | auditorium, 30 by 54| Adams Exp (6).. Adv Rumley. ... Afr Reduct (16). { Ajax Rubber. ... +All Am Cab (6) .. Allled Chem (4). Allis-Chaim (4). Am Ag Chm pt. . Am Rosch AmBrS&F (5). Am Can (16).... Am Can pf (7)., Am Car & Fy (13 Am Chain A (2). Am Chicle...... Am Drug Synd. . Am Express (§). Am& F P 255%(7) {AmFor P £ pd(7) | Am Hide & Lea. . ! Am Hide & L pt. Am Tce (7).. Am Ice pf (6)... Am Internatl. .. AmLaFF E (1). Am Linseed. . Am Linseed pf.. Am Locomo (6). Am Loco pf (7). Am Metal (3)... ‘Am Radiator (4) lAmS!'R(iOl‘)A Am Ship & Com. | Am Sm & Re (5). Am Stl Fays (3). Am St Fopf (7) AmSugar.... { Am Sumat Tob.. |Am T & Tel (9). Am Tobace (12).. Am Tob B (12).. L Am Tob ot (€) | Am Typ Fdrs(7). Am Water Wks. Am W W pf (6). Am Woolen. Am Zine. . Am “nace Art Met Con (1). ‘uso Iy G (3).. Asso Ol (113) AT &S Fe (6). AT&SF pf (5). Atl Birm & At Atl Coast L (18). Atlantic Refin. . ! Austin-Nichols. | Bata Loco (1. ‘Bal&Uh!a 5). ”mrn.\d.nll A. Barnsdz!! B. Buyuk Ciga . | Buyuk 1st pf (7) Bush ' | Beth st1 pt (8)... Br Em Stl 2d pf.. irk Licison (3). vrk-Mun Tran. . | Br Man T pf (6). | Brkivn Un G (4) | Burns Br (10)_ .. Burns Br pf (7). | Butte C & Zine. . |Cadde Cen O & R Cal Packing (6) | Cal Pet (1%) ! Cal Pet pt (7)... | Callahan Z Lead Calu & Ariz (2). Calumet & H 50¢ i Can Pacific (10). |case Thrs'g pt. . Cent Leather Co. Cent Lea Co pf.. | Cerro de Pasco(4) Chand Mot (3).. S es & Ohio (4). {Ch&Opf (6%). | Chicago & Alton | Chic & Alton pf. | Chic Gt West. | Chic Gt West pf. | Ch Mil & St Paul Ch Mil & St P pt. Chi & Nwn (4) . {Ch & Nwn pf (7) Ch Pneu T (3) [ChiR1& Pac... | Chi Yellow C () | Chile Cop (216).. Chino Copper. ... Cluett, Peab (5). Coca-Cola (1)... Colo Fuel & Iron {Colo “.ruthern. .. | Col G & E (2.60). Com Solv A (4).. Com Solv B..... { Congoleum (3).. ! Consol Cigar. ... Consol Gas (5).. Con Gas of B (8) | - omsol Textile | Cont Can (4) Cont Mot (80¢).. Corn Prod (2) Cosden Co. i Crex Carpet. Crucible Stl (4). Cub Am Sug (3). | Cuban Cane Sug { Cub Cane Supf.. ! Cuyamel Fr (4). Daniel Boone. .. | Davidson Chem. | Del & Hud (9) Del L& W (6) Det Ed Co (8)... Dome Mines (2). Doug-Pectin (1) DuPtdeN (8).. Du Pt d¢ N db (62 | Dua Lt st pf (7). | Baton Axle & S... | E1 Stor Bat (4).. | Emer Branting.. Em Branting pf. End-John (3)... Erie. . .. Erie 18t pf. |Erie 2d pf.... .. | Exch Buffet (2). Famous P1 (8).. Fairb'ks (2.60).. F'd M & S pf (D). Fisk Rubber... Fisk Rubber pf. | Fleischman (1332) | Foundation (6).. Freeport-Texas. Gen Am TC 3). Gen Asphalt.. .. | Gen Baking (6). | Gen Cigar (8)... General Elec(8) Gen El spe (60c) Gen Mot (n)..... Gen Mot db (6) .. Gen Mot pf n (7) Gen Petm (2)... Gimbel Bros..... Gimbel Br pf (1) Glidden Co...... Gold Dust. Goodrich Goodyear pf. G'dyear pr pf (8) Granby Consol... Gray & Davis. .. Gt North pt (5). Guantan Sugar. Gr Canan Cop... Grt Wstn Su (8). Gu Mo & N pt (5) Gulf StSt} (3)... Hartnsan Co (4). Hayes Wh'l (3). Helme Geo H. Househ'd Pr (3). Houston O1l. Hud Mot C (3).., Hupp Mot C (1) Hydraulic Steel. Hydraulic Stl pf. 11 Cent pt (6).. Indep Ol (1).... Indian Motorcyc Indian Refining. Inger R (128).. Inland Stl (2%). Inland Stl pf (7). Inspiration Cop. Internat Ag new. Interb Rap Tr... Int Bus Ma (8).. Int Cement (4).. Int Com Eng (2) Internat Har (5) Int Mer Marine.. Int Mer Mar pf.. Internat Nickel. Int RysC A pf Int Shoe (4). Int Shoe pf (8).. Int T& T (6). Open. High. 87% 11 86% 9% 104 1% 604 34 28 82 130% Received by Private Wire Direct to The Star Office NEW YORK STOCK EXCHANGE l Open. High. 20% 20% Low. Close. Jewel Tea. 204 204 Jones Bros Tea.. 16% 16% 16w 16% Jones & Lau (7). 113% 113% 113% 113% Jordan Mot (3). 31 31 80 80 KCP&L1st (7).. 97% 7% Kan City South. 21% 21% 21% KanCSopf (4). B6% Bb% 56k 654 KayserJul&Co. 19 19 18% 18% Kayserpf(8)... 83 83 33 82 Kelly SprTire.. 18% 18% 18 18 KenneCop (3).. 47% 47% 46% 46% KeystoneT&R. 2 2 1% 1% Kinney GRCo.. 179% 79% 79% 79% Laclede Gas (7). 103 103 102% Lee Rub & Tire.. 11 11 Lehigh Vai (3%) 60% 60% 59% Lig & Myrs (3).. 63% 63% 63% Lig & Myrs B (3) 634 63% 62% Lfma Loco (4)... 604 60% 60 Loews Inc (2).. 17% 17% Loft Incorpor... 7% 5 6% Loose-Wiies Bis. 73 5% 2% Lorrillard (3)... 38% 38! 37% Louis & Nash (6) 99 99 Mclntyre (75e).. 15% 15% Mack Trucks (6) 99% % 98% Magma Ccpper.. 35% 85 Mallinson & Co.. 25 24% Man El Sup (4).. % Man El md gd 4. 434 Maracaibo Oil. .. 27% Mariand OIl..... 343 3¢ Marlin Rockwell 8 Martin-Parry (4 Mathieson Alka. Maxwell Mot A.. Maxwell Mot B. . May Dent St (5). Metro Ed pf (7). Mex Seabd (2) Miami Cop (2).. Middle St Ofl . Midld Pr pf (8). Minn & St Louis. Mis Kan & Tex.. Mis K & Tex pf.. Missourl Pacific. ouri Pac pf. Mont Power (4). Montgom Ward. Moon Mgt (3)... Mother Dade 75¢ 9% 9% 21% Nat Biscuit (3).. Nat Dairy (3). Nat Dept Stores. NatEn & St..... Nat Lead (8) ... at Ry M 2d pf.. Nev Cons Cop. .. NY Air Br (4) N Y Canners (2). N Y Central (7). NY C&StL (6). ¥ Dock. .. Y Dock pf NY NH & Hart NY Ont & West. Norfolk South Norf & W (18) .. orth Am (2.40) North Am pf (3) North Pac (3)... Oh F Sup (2} Onyx Hosiery... Orpheum (1%).. Otis Elev (n) (4) Otis Steel....... Gwens Bot (3) PacG & E (8). Pacific Ofl (2)... Pac T&T pf (6).. Packard (1.20).. Packard pf (7).. Pan-Amer (4) Pan-Amer B (4). Park & Tilford. . Parish & B stpd. Penn Railrd (3) Penn Seab Steel. Peop Gas Ch (7). Peoria & East. .. Pere Marq (4)... Pere Mar pf (5). Phila Co (4). Phila Copf (3).. Pilla&R&L... Phil Mor (30c).. Phillips Pet (2). Pierce-Arrow... Picrce-Arrow pf Pierce Oil Pierce Petrol. Pitts Coal (4)... Pitts Coal pf (6). Pitts StI pf (7).. Pitts Ut pt (1.20) Pitts Ut ctfs 1.20 Pitts & West Va. Pitts & WVa rts. P& W Va pf (6). Postum Cer (4). Press Steel Car Prod & Refiners. Pr& Rpf (312). PubSer NJ (4). Public Serv rts. . Pub S El Po(7)pt Pub S NJ pf (8). Pullman Co (8). Punta Al Su (5). Pure Oil (133)... Ry Stl Spx (8) Ray Cons Cop. Readlng (4). Reading rt Read 2d pf (2) Remington Type 47% Replogle Steel 11% Rep Ir & Steel... 46 Reyn'ds Spgs (1) 161 Rey Tob B (3)... 76% Roy Dth (4.42%) 41% St Joseph Ld (2) 304 StLSan Fran... 30% St L-San Frpf.. 664 St LSthof (6).. 70% St L Southwest.. 43% 1% 6215 Schulte (8)..... 106% Seaboard Alr L. 15% Seab'd Alr L pf.. 29 Sears-Roebk (6) 104 Shattuck-Ariz.. 6% Shell UnOfl (1). 164 Simmons Co (1). 27 Simms Pet. 14% Sinclair Oil 16% Skelly Oil. 177% Sloss-Sheft . 3% South Pac (6)... 95% Southern Ry (5) 69% South Ry pf (3). 5% Spicer Mtg 141 Spicer Mf pf (8). 91% Std Gas & k1 (3). i 40 StOflCal (2).... BT% StOINJT (1).... 85% StOil N J pf (7). 117% Stand P1GI (3).. 20% Stew't Warn (6). 58 574 Studebaker (4).. 41% au Submarine Boat, 9 9 Superior Oil. 4% 5 Sweets Co of Am 2% 2% Tennessee Copper 7% 7% TexasCo (3).... 40 40 Tex G Sulph (1) 81 80% Texas & Pacific.. 37% 3874 36% Tex&PacC&O. 8% 8% 8% 8% Timken (13%).. 35 86% 34y 36% Tob Prod (6).... 67 674 67 67% TranscoutOil... 4% 4% 4 4y Un Pacific (10) - 141~ 141140 140% Un Tank Car (5) 126% 126% 126% 1263 Un T Carpf (7). 113% 118% 113% 113% Utd Cigar Stores 53% 634 52% 62% United Drug (6) 92 °92 91 91 Utd Fruit (10).. 208 208 207 207 Utd Ry Invest... 20% 20% 20% 20% Utd Ry Invest pf 49% 49% 48 48% U 8 CastIron P. 118% 114% 112% 112% U S Distributing 29% 29% 29% 29% U S Hoff Mach.. 224 22% 221 22 USInd Alcohol. T71% 71% 70 70 U S Rubber. . 85% 385% 34% 34% USR1stpf (8). 88 88 83 88 USSmelting.... 32 324 82 32 U S Steel (16%). 108% 109% 107% 107% U S Steel f (7).. 122% 122% 122% 122% Universal Pipe.. 18 18 18 18 Utah Copper (4). 77 77 17 17 Utah Securities. 35% 83% 34% Vanadium Corp. 2% 244 244 Va-Caro Chem.. 1% 1% 1% Va-Caro Ch pf. 4 4 4 Va Ry & Power. 65 65 65 Vivadou.... 10% 10% 10% Wabash... 5% 15 15 Wabash pf A. 435 42 43 Web & Heilb(1). 15% 15% 16% Wells Far (2%). 43% 43% 43% West Pen (4). 90 88 88 West Pen pf (7). 93 93 93 West E1pf (7).. 116% 115% 115% 115% West Maryland. \11% 11% 11% 114 WestMd2d pf... 19% 19% 19k 19% Western Pacific, _23% 28% 23% 23% 62% 21% 8l 117% 18% fona Pr | Many | held HEAVINESS NOTED | [ vone BONDS o] Received by Private Wire Direct to The Star Office. IN BOND MARKET Many Individual Gains Made " During First Day of Week’s Trading. BY GEORGE T. Special Dispatch to The Sta NEW YORK, September Reneral bond market was inclined to be heavy today, although there were numerous instances of strength in special issues. Money was u trifle firmer, as might have been expected in preparation for the first of the month requirements, but the selling of bonds probably represented profit taking more than the prospect of higher interest rates. Brokers re- ported good buying on the deciine. Among the exceptions to the gen- eral trend Chicago and Great Western 4s were prominent. Today's quota- tion established a new high record for the year. Recent earning state- ments have been encouraging, but the chief motive for the buying was reports of merger plans. The sam was true to a less degree of Chicag and Alton, the 3% per cent bonds which ran up a point also to a new high for the year. Other Price Changes. International Great Northern ad- Jjustment 6s, which had such a spec- tacular rise last week, reacted today below 60. They rallied somewhat later. St. Louis, S Francisco in- come off the price of which $6 will come on October 1, crossed T Missouri, Kansas and Texas adjust ments were firm around 65. Buying interest in such bonds as Southern Railway general 4s and St Louis, San Francisco prior lien “A" 4s fell off. In the foreign group was the recovery in Brazil bonds, both the §s and the 7s regaining part of the losses of S French bonds were hoavy. United Kingdom 51s of 1937 equaled the high of the year. There was some further speculative buying of Mexican issues. HUGHES. N€w Isxue Announced. Interest in United States Govern- ment bonds and high-grade rails was limited. Libertys were little changed Offering _is announced for Tues- day of $20,000,000 Paris. Lyons and Mediterranean is due 1938, it is ex- e price will be about 9357 to per cent. Mexican Bo! By the Associated P'ress. NEW YORK, September 26.— Estab- ment of new 1924 high records by eral Mexican government obligations, ich continued to respond to unex- plained buying support, featured today's early bond dealings. The assented the 4s of 1910 and 6s all reached new top prices for the year on gains of 1 to 2 points. The new Belgian 6 their previous high. Are Strong. also eclipsed mounting to 47 ALEXANDRIA, ALEXANDRIA, Va., of Dr. James H. Bitzer, died yester- day morning at her home, 615 Prince street. She had been in health for some time. She is survived by her husband and three children, Bitzer and Wesley T. Bitzer. Funeral services will be held Tuesday after- noon at 2:30 o'clock at the home. Services will be conducted by Rev Ernest M. Delaney, pastor of the Sec- yterian Church, a R Dr. J. Ernest Thacker. be in the Presbyterian Cemetery. Mrs. Julia Stella Pearson, 26 years old, wife of Maurice Pear- son, 1929 Duke street, died Saturday night at the Alexandria Hospital. She is survived by her husband and six children. Funeral services will be held at the Temple Baptist Church at 1:30 o'clock tomorrow af- ternoon and will be conducted by the | pastor, Rev. Ryland T. Dodge. Norman V. Pearce, author and explorer, who will ad- dress an audience at Flks Hall to- morrow night under auspices of the Business and Professional Club. will speak tomorrow at the weekly mbly in the high school. kets have been sold for the lecture tomorrow night. Services in observance of Rosh Hashana, Jewish New Yaer, were last night in the synagogue, North ~ Washington street, David Goodis, a student from the Hebrew College, Cincinnati, conducting. Stores owned by members of the faith were closed all day today. Einal plans for atiending the Fair- fax County fair on Thursday, Alex- andria day, will be made tonight at a meeting of the Booster Club, which is to be held in the rooms of the Chamber of Commerce at 8 o'clock. HOUSING SHORTAGE ENDS Bankers Seeking New Avenues for Investing Funds. Special Dispatch to The Star. BOSTON, September 29 —Bankers conhected with Massachusetts co- operative banks have reached the conclusion that the acute housing shortage which existed in New Eng- land after the war has now been practically overcome. They are look- ing ahead toward placing their sur- plus funds in other than real estate securities, although the demand for money on first mortgages still ex- ceeds the amount the co-operative banks have to offer. MILLS ON FULL TIME. SPRINGFIELD, Mass, September 29.—The West Boyleston Co. cotton mills of East Hampton today resumed full time in eeveral departments after a long period of curtailment. The American Thread Co. of Holyoke, which Australian has been operating four days a week, [ pjerce Oil deb 8s. has increased its schedule to five days. | public Service 5s.. POTATOES CHEAPER. CHICAGO, September 29.—Potatoes, slightly weaker; receipts. 117 cars; total United States shipments, Saturday, 844; Sunday, 68; Minnesota sacked sand land Ohios, whites, 1.00a1.10; Minnesota and North Dakota sacked Red River Ohios, 1.00; ‘Wisconsin sacked and bulk round whites, 1.00a1.10; few 1.15. e A WALOILE%S WestPacpt (6). 7T1% 71% 71% 71% |Unit Drus cv 8s o 1 112 1123 | U S Rub 15t I 6i West Un Tl (7 118 West Air Br (6). 85 95 85 West E&M (4). 63% 63% 63% ‘Whi & L Erle 12% 12 12% ‘Wh Eag Oil ( 24% 24% 24% ‘White Mot (4)... 65% 65% 64% 6% Wickwire Spatl. 1% 1% willys-Overl'd.. 8% 8% Willys-Ovd pf... 69 69 wWil&Copf..... 18 18 18 Woolw'th n (3).. 112% 112% Worthing P'mp. 44% 45% 42% W'thP DfA (7). 82 82 82 WthPpLB (6).. 70% 70% Wright Aer (1). 11% 1% Wrig W Jr(3).. 42% Yellow Cab (6).. 52 ‘Youngst S&T (4). 66% 29 —The | Belgium 6s the feature|Jergens U M | Netherlands 672 (Sales are 1n $1,000.) UNITED STATES BONDS. (Fractions represent thirty - seconds. Example: 95-3 means 98 3-32.) Lib3%s. Lib 1st 4% Lib2d 4%s... Lib3d 438 13 102-18 102-18 102-18 104 101-21 101-16 101-16 + 237 102-8 102-4 102-4 388 102-21 102-16 102-15 98 106-5 105-30 105-30 FOREIGN. Bules. High. Law. Close. 29 94 93% 7 102% 102% 37 95% 96% 5 100% 9% 110% 108 111% 2% 88% 82% 102 95% 101 103% 104 97l 105 105 110% 95% #64% 100% 100% 109 100% 111% 89% 89% £6% 954 103 8% 954 102% 106% Belgium 6% w 1. Belgium 73%s Belgium 8s. Berne 8s. Bolivia s, Bordeaux Brasil 7. Brazil 714 Brazil 8s. Canada 5s1926. Canada 6s 195: Canada 5%s 192 Thile 7s 1943 Chile 85 1941 Chile 88 1946 Christiania 8: Copenhagen 61 Cuba 534, Czecho 8s 1951. “zecho 8s 1952 ct. .. Danish Munic 8s A. Denmark 6s. . Denmark ss. . Dutch B 5%s DEIE%sct Dutch East [ 6 Dutch East T 68 '62 F18alvador 8s"48. . Finland & f 65 1945, Framerican 1%s.. 19 French Govt 714 17 French Govt 8 53 | Halti 6a. .. 2 20 92 Hungary 6%s. . v B8R lapanese 4s....... 81% Japanese 1st 413 974 Japanese 6% $21% 821 Lyons 6s. .. 3 88Y% Warseills 6s. /8 Mexico 4s 04 asntd. 21 Mexico 4= 10 asntd. S 23% Mexico 5s assented 3718 Netheriands 6s ‘4. 100% 97% 95% 9814 98% 124 Norway s 1943 Norway 6s 1944. Norway 68 1952. . Norway 8s. . Paris-Ly's-Med 6s. 814 Porto Algere 8s. 944 Prague T%s. . 3 91 Queensland 6s. ... 34 103% Rio de Jan 85 1946. 9% Rio de Jan 8s 1947, ” Rio (ir No Sul 88 95 Sao Paulo City 8 95 Sao Paulo State 8. 100 Seine Dept. of 7s. 94y Serbs Crotes Slo 83 88% Soissons 6s < 87 Sweden 6 1054 105% Swiss 5158 1946, 9Rl13 983 Swiss Confed 8s 1145 1145 Tokio 5s.. .. 2 64% 64k Ud Kingm 5%s°29. 110 110 17d Kingm 635 '37. 105% 105% Uruguay 8s 105 105 September 29 |Am Cotton Oil 5s.. (Special).——Mrs. Ellen T. Bitzer, wife |Am Repub deb 6s.. failing | Am Sug ref6s..... | Miss Kathleen Bitzer, Robert Harvey |AmT & T deb5%s ‘Burial will | Associatec Oil 6s. 85a90; sacked round [St USSteclstbs sa | Ussetint; 24% | va-CarCh 1%ssw arner Sug 78 '41. 1n| W lec Zurich 8s. : 110% 110% MISCELLANEOUS. Ajax Rubber 8s.. 94 Am AgrChem 7t%s 43 97 Am Chainsf 6s'33 97 96% 7 20% 90% 90%% 92% 9214 9214 94% 94% 103% 103% 100 100 °7% 97% 101% 101% 103 1027 120% 1204 91% 1% 93% 93% 9615 964 Am SmIt&R 1st 5s. Am Smiz & R 6! AmT& Tcltrds.. Am T&Tcltrbs... AmT & Tcv 6s. Am Water Wks 5s. Anaconda 1st 6s. 98 88 Anaconda cv db 7s 55 100, 99% Armour & Co 4%s 84 4 Armour of Del 5128 65 62 92 100% 100% 104 104 100% 1004 894 891 954 954 Barnsdalls f 8s. Bell Tel Pa 5s Beth Steel pm 5s.. Beth Stecl rf bs. Beth Steel 5%s '53. 87% Beth Steel s£6s... 38 96% Brier H St 18t 5 3 96 Bklyn Ed genbs... 4 100% Bklyn Edison 7s D. 2 109% Calif Pete 63%s.... 10034 Central Leather 6s 100% ColGas & El16s.... 4 100% Col Gas & E 5s sta Commonwth P és.. Con Coal Md 1st 5s. Consumers Pow 58 Women's| ¢ pa Cane cv 78 '30 Cuba Cane cv d 8s. Cuban-Am Sug 8s. Denver Gas 58 Det Edison ref 6 Dugquesn= Light 63 Du Pontde N 7%s Est Cuba Sug 7%8. Empire GEF Ths. Fisk Rubber 8: Gen Elec deb 5s. Goodrich 6%8. . Goodyear 8s 1931.. Goodyear 83 1941.. Hershey 6s 1942 Humble O&%R 5%3 Miinois Bell 1at 6s. Indiana Steel 5 Int Mer Marl Inter Paper 68’4’ KCP&Lt5sA'S2 Keyser (J) 78..... Kelly-Spring 8s... Lackawa S 68 '60.. Liggett & Myrs 5s. Lorillard (P) bs... Lorillard (P) 78. Magma Cop cv 7 Manati Sug sf %8s Midvale Steel 53 Montana Power Mor’s&Co 1st 4% N Y Eden 1st 6%s. NYG EL H&P 4s NYG EL H&P b3 NY Tel 4% N Y Tel 41. N Y Tel 68°49. Nortk Am Ed 6s. North Am Ed 6% Nor States Pow 63 Northwst B Tel 73, Otis Steel 88...... Pacific Gas & E1 §s Pac T & T 1st bs, Pacific T & T s '62 Phila Co 5%s'38... Phila. Coref 6s A. Phil & Rdg C&I 5s. Plerce-ArTow 8s —- Pub Serv Elec 6 Punta Alegre 7s. Saks & CosfTs. Sinclair Oil 6%s. Sinclair Oil 7 Sin Crude Oil Sin Crude Oil 6s.... n Pipe Line 6s... South Bell Tel6s. . So Por Rico Sug 7s. Southwest Bell b3 Sug Est Orient 7s. Tenw Elec Pow 63 - BT ST T L T 1 PP PR PRt CF VRRY CIOPRY I P S @ Union Bag & P 63, RBannanies= e U S Smelter €s oa Warner Sug 75 '39. CrroandSa Western E West'n Union 6%a. Westinghouse 72. 8o 111w | Wickwire Spen 7s. Willys-Ov 634833, ‘Wilson & Co 1st ts. Wilson & Co cv 6s, India is taking to hosiery made in this country, and is buying cheap cotton, silk, artificial silk and lisle stockings manufactured here. First lessons in polo are learned on, wooden 'horses at West Point. RAILROADS. Low. Clese. Atchison adj 48 83% B83% Atchison gen 4 20 90 AtlanticCLcl " SW div 3%s. 12 B & O Toledo 4 Bklyn-Manhat 6s.. 76 Buff R & Pitt 4%s. 23 Canada North 7s... 7 Canad Pac deb 4s..208 Car Clinch & O §s. Car Clinch & O 6; Cent of Ga 5% Cent of Ga 6s. .. Central Pacific 4 Ches & O cv 4%s. Ches & O gn 4%a.. Ches & Ohio cv §: Chi & Alton 3% Chi B&Q gn 485 Chi B&Q 1at rf 5u. CB&Q-1113%s. CBAQJ]I{I 4 Chi & E 111 kn bs. .. Chi Great West 45.212 CM & PugetSd 4s. 9 ChiM & St P 48°2§ 143 Chi M&St P 4s '34.. 20 CM&StPdbds... 22 Chi M&St P cv 4348 41 CM&StPgndks. 4 Chi M&St P rf 4%s. 39 ChiM & St P cv 5s. P Guasm e BT 3-SR CCC&StLbs CCC& StLrf6sA. Cleve Term bs w i. Cleve Term 5% Colo & Sou 4%s CubaRR6s Del & Hd 1st rf 4, Dei & Hudson 5%s Den & Rio G cn 4 D & Rio G imp 6s. . D& RG 1st rf 5s. Det United 418 Etle 1st con 4 Ericgends..... Erte conv 4s B.. Erle conv 4s D. . Erie & Jersey 6 Gr Trunk sf db 6 Grand Trunk 7s. Great North bs Gr North gen 5%s. Gr North gen 7s. .. Havana ERL&P 58 Hud & Man ref 5s.. Hud & Man aj 53 111 Central ref 4s 111 Central 5%s. Int Rap Tran 5s. .. Int Rap Tr 6s stpd. Int Rap Tran 6s... Int Rap Tran7s... Int & G Nor 1st 6s. Int & G Nor aj 6s. Kansas City S 3 Kansas City S5s.. Kan City Term 4 Lake Shore 4s 31. Lehigh Val cn 4s Long Island rf 4s.. Louis & N unids .. Louis & Nash 5%s. Louis & Nash 7s. .. Market St Ry 7 Mil El Ry & L §s. .. M & St L 1st ref 4s. M StP & SSM 6% MK & T adj b 123 MK&TprinbsA. 1 MK&T6sC.. Mo Pacific gn Nassau E Ry 43'67 12 NewOr Term 4s... 2 NOTex&M Inbs. 7 N YCentgen3k%s. 24 N Y Centcn 4s'98.. 2 N Y Cent r 1 6 N YCent deb 68 NYC&StLdb NYChi& SLb5%s. 31 NYC&StL6sA.. 6 New Havencd 6 New Haven 7s. New Haven 7s fr. NYOnt& Wretds 4 N Y State Ry 4% NY W & Bos 4% Norfolk & W cn 4s. Norfolk & W cv 6s. Northern Pac3s... Northern Pac 4s. Northern Pac 68 D Northern Pacr{ Ore & Calif 1st 6. Ore Short L ref 48 Ore Sht Licn 5546, Ore-Wash 1st rf 48 Pennsyl gen 414s.. Pennsyl gen 5 Pennsyl 6% Pennsyl gold 7 Peoria & E inc 4s. Pere Marq 1st 63, PCC&StLSsA Reading gen 4s. Rio G West 1st ds.. RIATk & L 4%s. St LIM&S 48°29... St LIM&S R&G 4s. SIL&SFpl4sA.. StL&SF prinss. StL&SF5%/sD.. StL&SFadjés... 73 StL &S F inc6s...395 StLSWistds.... Il St L'S W con 4s'32. 39 StPUnDepb%s.. 4 Seab'd A L 4ssta.. 16 Seab'd A Lref 4s.. Seab’d A L adj 6s.. 120 Seab’d A L con 6s.. 36 Sou Pacific 4s°29.. 13 Sou Pacific ref 4; 9 Southern Ry gn 4s. 35 Southern Ry 1st bs 2 Southern Ry 6 ct. Southern Ry 6%s.. Term Asso St L 4s. Texas & Pac 1st bs 1003 Third Ave ref 4s a6w Third Ave adj fs © Tol St L& W 3%s.. 99% Union Pac 1et 4s. w2 Union Pac 48°27.... 991 Union Pac 1st rt s 1047 Union Pacific cv 1045, Virginia Ry #t b 957 Va Ry & P 1st 6. 94% 94y Wabash 1st 100% 101% Wabash 2d 58 o6 95 Western Md 4 64 61 Western Pasifl 90% 80% West Shore 1st 4 88% 88% 83% Whel & LErf 4 661 66 €6 Wlkes-B&E 1stbs. 14 63% 63 €34 Wiscons!n Cent 4s. 2 81% 81% 81% —— Bobbed Hair Expensive Luxury. Statistics considered reasonable and accurate show that bobbed hair costs the average well groomed woman be- tween $60 and $175 a year. A per- manent wave will cost between $25 and $35; a marcel from $1.25 to $1.50, and a round curl from $1 to §2. —_— ‘WOOL MARKET STRONG. BOSTON, September 29 (Special).— Boston raw wool markets continued their strong to upawrd trend at the opening this week, although busii ess was dull. Cable reports gave fur- there strength to the upward move- ment. from Bradford placed seventies warp merino tops at 87 pence as compared with 73 pence in June. 17l $9% 4% 2 1004 3 103% 207 8435 —_——— Protect Your Money. Life's drama, in a major sense, is a cohflict between man and his envi- jronment. Savings and wise invest- ments are forces which validate the individual to determine the future scopomic status of his family. | sweet rotatoes, {heavy selling quickly forced a sharp FINANC COTTON FUTURES OPEN WEEK FIRM Possible Frosts Help in Push- ing Prices Up—New Crop Estimate. By the Associated Press. NEW YORK, September 29.—The cotton market opened today at a de- cline of 2 to 11 points under selling, which was encouraged by rather easier Liverpool cables and the fail- ure of the weather news to show any frost in the Southwest. Further rains were reported in Eastern belt sce- tions, however, accompanied by re- ports that cotton was sprouting in the bolls, and the market soon turned firmer on rebuying by sellers of last week and covering. December sold up from 24.35 to 24.70 in the first half hour, the gen- eral list showing net advances of 14 to points. Private cables attributed the de- cline in Liverpool to reselling by bulls and hedging, but that offerings had been absorbed by spinners call- ings. A report estimating the crop at 11.- 905,000 bales on a condition of 55 and acreage of 38,429,000, combined with the official forecast for frost tonight in | northern sections of the Western belt, probably contributed to the forenoon strength December so'd up to 25.02, or 52 points net higher, but realizing and hedge selling checked the advance and the market was less active, prices show- ing reactions of about 10 to 20 points at midda: New Orleans Quotations. NEW ORLEANS, Sentember 29.— The cotton market opened lower in sympathy with lower Liverpool than due. The first trade in October showed a decline of 41 points, but later posi- tions showed initial losses of 10 to 29 pointa. The market firmed up as the call proceeded, and immediately after the call October traded as high as 24.50. December at 24.62 and January at 24.64, or 9 points nét higher than Satur- day's close and 22 to 23 points net higher on later positions. . = GRAIN AND PROVISIONS. BALTIMORE, September 23 (Spe- cial.)—Potatoes, white, bushel, 5 100 lbs. 75a1.50: barrel, bbl.. 1.508 bbl. 3.30a4.00; beans. bush.. 1.40: lima beans. bush. 2.00a: beets. 100, 2.00a5.00: cabbage. 3.0025.00: carrots. 100. 3.00 ery, crate, 1.25; 30: cucumber: plants, basket, 1.00a2.0/ peppers, basket, ket. 35a45; pumpkins, tomatoes. basket. 5 stock, bushel, 1.1521.27 2, Apples—Barrel, 1.50a4.50: bushel, 75a1.75; crab apples, basket, 50a7 cantaloupes. basket, 50a damsons, 3.5024.00; grapes, 4-8 basket, peaches, basket, 1.00a150: 2.00a3.50: pears, basket. 25a bushel. 1.50a3.25; watermelons, 100, 8.00220.00 Selling Prices at Noon. 2 red Winter, spot. red Winter, garlicky, red Winter, garlicky, : spinach, bas- 100, 5.00a215.00 packing Corn—Cob. old vellow, rel: old white. 6.2 corn, vellow, No. 50 per bar- per barrel; track Lo per Havy—Receipts. 61 tons. The market | demand prevailing for hay is cen- tered on top grades of timothy. Re- | ceipts of new hay generally are ample | for present trade wants gnd the mov. ment for weedy and grassy hay very slow: ordinary grades of clover mixed and clover hay corresponding- 1y cheap. Quotations todav: No. 19.00a20.00; N mothv No. 3 timothy t clover, mixed, H 1 claver. mixed, 16. Straw- No. 1 wheat, new, 13.00; No. 1 new. 13.00a14.00, CHICAGO GRAIN PRICES. CHICAGO, September 29.—Although numerous reports of frost led to something of a buying rush in the corn market at the opening, today. | 1 timothy, 15.00a19.00: 12.00a setback in prices. The selling was based more or less on opinions that recent advances in price had already discounted the reduced yield which was looked for. It was contended also that much of the corn crop was fully in readiness for a medium frost The opening, which ranged from 21 decline to 11 advanee, with Decem ber 1.13 to 1. 4. was followed by a general drop which in some cases went 3 cents under Saturday's finish. Activity of foreign demand gave strength to wheat values. Profit | taking sales acted as only a transient obstacle. After opening 7 to 1l up. December 1 3 to 1.3 and M 1431 to 14 the market under- went a moderate sag from the in- | itial figures and then rose higher | than before. 1 Oats were easier, sympathizing | with corn. Starting at 3% off to ;! gain, December to 53, price; later showed l!osses all around. Higher quotations on hogs upheld the provision market. CHICAGO LIVE STOCK MARKET CHICAGO. September 29 (United States Department of Agriculture) — Hogs—Receipts, 29,000 head; desira- | ble grades fairly active: 10 to 20 higher: others slow; light receipt top. 10.70; good and choice 160 to 23 pounds, 10.10a10.60: better 140 to 150 pound _averages, mostly 9.60210.00; desirable weighty butchers, 10.20a 10.40; packing sows, largely 8.70a9.1 majority good and choice strong weight slaughter Digs, 8.75a9.25. Cattle—Receipts, 19,000 head; bet- ter grades fed steers and vearling: 10 to 15 higher: others unévei steady to strong; top yearling: handyweight, upward to 11.23 rough heavy steers mostly, kind, cashing at 8.25a9.50; latter price taking well fleshed arrival choice heavies held above 10.5 lings and handyweight steers getting first call generally; in-between grades fat she stock slow, comparatively narrow demand for weighty kosher cows; desirable beef heifers stronger; bulk bologna bulls, 4.00a4.35; vealers uneven; weal to 25 lower; bulk to packers, 11.00a11.25; several choice The latest quotations cabled. lots, 11.50; outsiders buving sparin ly; stockers and feeders uneven higher; run includes about 3,500 Western grassers: feeder dealers tak- ing kind suitable for further finish at 5.25 to 6.50 mostly. Sheep — Receipts, 30,000 head: ac- tive; fat lambs steady: sorting mod- erate; bulk desirable nativ. 12.50a 13.00; few to outsiders, 13.25; culls, mostly 9.30; good to choice rangers, 12.75a13.00; best held above 13.25; sheep steady; bulk fat ewes, 4.7 6.50; feeding lambs. active: fully steady; good to choice offerings, 12.50 213.00. Depositors in the Yorkshire Penny Bank in England have to their credit | Surplus coal jon the first preferred. IAL SHARP ADVANGE ON LOCAL BOARD W. R. & E. Stock Attracts Most Attention—Bankers Go to Convention. BY CHAS. P. SHAEFFER. Security prices turned sharply up- ward on the Washington Stock Ex- change this morning. Foremost among the advance: and attracting most attention, was the rise in common stock of the Washington Railway and Electric Company, which s0ld at 80, to the extent of 10 shares. That this advance was not merely a flash in the pan is indicated by ths issue’s close with 793 “bid,” one point in arrears of the offered price Washington Light stock also was up, 12 sha; elling at 51. Rail- way preferred was firm, but unchanged, 60 shares se!ling at 762, Lanston was strong at 79, with a one-share sals being made at 80, as was Capital Trac- KIOYL_ which changed hands at 9 Continental Trust Company was eas: at 85, as was National Mortgage and Investment preferred, at 9. Bonds were strong and fairly active, Gas 6s sold upward to 1013, with Railway 4s unchanged at 74%. The refunding 6s of the carrier Sold at 98%, and Georgetown Gas 5s brought 90. One share of Departmental Bank s0ld on the unlisted section at 812 Local Bankers at Chlcago. The 50th annual convention of tha American Bankers' Association gzot under way this morning at Chicago With registrations totaling more than 2,000 attendants, With the arrival of the first dele- gatcs came optimistic reports from various sections of the country, press reports declare. Improved agricul- tural conditions. the beneficial effect of the Dawes plan and satisfactory manufacturing conditions are cited as reasons for this optimism regardinz the country’s immediate future. Tha majority of bankers interviewed ferred to the political situation, ex- pressing the hope that the people will go to the polls in large numbers in November. A special car of Washington bank- ers are in attendance, led by Victor B. Deyber, president of the District Bankers' Association. Pennay Asks Bond Rights. The Pennsylvania Railroad todav asked the Interstate Commerce Com- mission for authority to assume obli- gation and liability in respect of $ii.- 750,000 of 4 per cent equipment trust certificates to be sold to Kuhn, Loeb & Co. at 97 per cent of par. The proceeds of the =ale will ba used to purchase 10,000 box cars, the total cost of which will be $21,112.000, Fewer Surplus Freight Cars. Increased demand for transpor: tion facilities resulted in a still fur- ther decrease in the number of sur- plus freight cars available on Septem- her»lt the American Railway Asso- ciation announced today. Surplus freight cars on September 14, according to the report, totaled 167,157, a decrease of 27,149, compared with the number reported the pre- vious week, when there were 194,505, cars in good repair to- taled $4.197, a decrease of 12,892 un- der the previous week. while surplus box cars in good repair totaled 57,8283, a decrease of 11,416 within a week. GRAIN EXPORTS DROP. Last Week's Record Under That of Previous Week. ports of grain from the United States last week totaled 9,729,000 bushels, against 11,073,000 bushels for the previous week. Detailed figures for the weck as compared with the previous week made public today by the Commerce Department follow: Wheat, 2,000 bushels, against 7,752,000; corn, 153.- 000, against 91,00 330,000, against 38,000 B inst $25.000: barley, 403,000, against 367,000 United States and Canadian wheat flour in transit, 467,000 barrels, against 4 0 barrels FISK RUBBER IMPROVES. Substantial Gains Made Nine Months. Special Dispateh 10 The Star. NEW YORK, September 29.—The earnings position of the Fisk Rub ber Company. latest figures indica has improved substantially though the volume of gross in the nine months to July fell off approximately 15 per cent, net profits have increased decidedls. Current earnings equal $14 a shara It would not be surprising if dividends were re- sumed on the first preferred — FOREIGN EXCHANGE. By the Associated Press NEW YORK, September 20.—kor- n exchanges easy. Quotations (in United State Great Britain, demand, 4.4 ables, 4.45%: 60-day bills France, co- mand, . A taly, de mand. .043 : Belgium, demand, .0489! L0480; many, demand, per trillion, Holland, demand, .3854: Norwa mand. .1420; Swec demand, Denmark, demand, demand, .1908; S Greece, demand, mand, .191; mand, .0299; 01393, ; Austria, demand, Rumania, <emand, .00 Argentina, demand, .3600; Brazil, demand, .1050; Tokio, demand, .40%; Montreal, 1.00. e BERLIN BANK REPORT. BERLIN, September 29.—The states in Past , 1924, Czechoslovakia, Jugoslavia, des demand, .000014 jment of the Bank of Germany, as of September 22, chowg an increase ig gold_holdings of 16,310,000 mar 560,080,000 marks, ihereof 118,62 are deposited abroad. Silver coin serve decreased 436,278,000 marks. FISHER'S PRICE INDEX. NEW HAVEN, Conn., September 21 (Special).—Last week's prices avers aged 1478-10 per cent of pre-wat level. The purchasing power of thy dollar was 10 pre-war cents; Crump’s index number 159 5-10, Irving Fisher reports. S, S CLOTH SALES SLOW. NEW YORK, September 29 (Spe cial).—The week opened even mor( quietly than usual in the cottor goods markets, owing to the obser vance of the Jewish new vear tocay No price changes of note were record. Print cloth quotations stood a 64 by 60s and 10 cents for 6 The raw silk market alsy had a touch of holiday quiet, wit: price quotations down 5 cen't throughout the list. —_— PARIS MARKET UNSIEADY. PARIS, September 29.—Prices movei irregularly on the bourse today. Threj per cent rentes, 52 francs 20 centimcs more than a hundred million dollars, according to the statement issued re- its purpose—that of getting people 1o save their pennles, Exchange on London, $5 francs 1I centimes. Five per cent loam, 6 human will, making It possible for an | cently. The name of the bank tells|francs 65 centimes. The dollar was quoted at 19 francs centimes,