Evening Star Newspaper, October 15, 1924, Page 28

3 FIN STRENGTHINOILS { NOTED N MARKET Other Shares Fail to Rally Much After Yesterday’s Heavy Selling Wave. BY STUART P. Specinl Dispateh to The Star. NEW YORK, October the greater part of the ck market was WEST. 15, time today disposed to ness over politic 0 keep away a £ which would ordins have come in after such a break occurred Tuesd At the outset, short covering was effective to the extent of putting up the leaders of the list a point Then selling was renewed ar like American Can and Baldwin Los mot dropped Deneath their low points of the previous day . The tone, however, remained firmer i evident that better sup- ng encountered. in part e shorts and in part from pro- tective purchases, as i reached Tuesduy's minimums. With the begin- ning of the afternoon, tue market 1urned upward again. 1 deal of buying iy or more. 01l Stocks Stromger. 0il stoc ad been the one groun to resist the heav of Tuesday. They the turn came toda Refiners quic hot forward over 2 points. Pacific Oil. Phillips Pe troleum, the Pan-Americans and Jiarland were up a point to a point ind a half. Sinclair was helped by laration of the regular divi- . preferred. Umusual ac- y ing prices developed in Mexican Seaboard. Pure Oil had its hare in the improvement. Another decrease in crude oil pro- duction, reported in the weekly fig- es, had a favorable effect, but the more important factor was the action of the Prairie Oil and Gas in re- noving chas storage. General Electric took the lead when Producers and and handling of crude oil Ralliex. General Electric rallied with the rest of the list. But light whs thrown upon the recent severe Te- action by the statistics for the Sep- tember quarter. These showed that incoming orders were $58.390.000, zainst $65.450,000 in the same quar- tir last year, a falling off of 11 per «ent. National Biscuit had evidently not been fully prepared for the dec Jaration of an extra $1 dividend, made known after the close Tuesday. The stock jumped immediately over 2 points ~ this morning. American Smelting made more of a response e excellent report for the first it year, showing nearly $6 earned on the common. against $5.48 in the same period of 1923. Among the rails there was com- paratively little feature. Shares of roads which have gone into the Nickel Plate merger did hetter than most of the others. This was particularly true of Erie common, at one time, up nearly 2 points. Delaware and Hudson Gain. 1t was characteristic of Delaware and Hudson stock that it should rally upon the first opportunity afforded by the market generally. Buying, al- though on only a moderate scale, re- flacted the persistent confidénce of those who know the true situation i this company that the earnings and possibility and segregation de- velopments would exert g favorable influence. Barnings from transportation ‘alone are running at the rate of about $9 a | year, but the rank and file do not take Tully iInto account the operations of the Hudson Coal Property. The stock market in admitting poli- tics to be more of a factor has done no less than what the iron and steel trade has done. The Cleveland Iron Trade Review made the significant statement today that in several cases “round tounage of steel, be delivered after November 4, were made subject to cancellations by that time.” The Iron Age referred to po- litical uncertainties as an increasing influence in retarding new business. MARKET CLOSES FIRM. Buying in Oils Helps Rest of List in Last Hour. By the Associated Press. NEW YORK. October 15.—Stock prices made partial recovery from resterday’s sharp reaction in today's market. which was featured by the heavy accumulation of the oil shares. The new Gern bonds established a new peak price at 94%. Sales ap- proximated 1,000,000 shares. The closing was firm. Buying of Llocks of 1,000 to 5,000 shares of low- priced oils in the final hour lifted a number of them 1 to 2 points. North- ern Pacific and Great Northern pre- terred were weak. Markets at a Glance NEW YORK.—Stocks, advance 1 to 6 points. new German bonds reuch new high at 94%. Foreign exchanges, lower; sterling and francs react. Cotton, easy; Southern selling. Sugar, fea- tureless. Coffee, firm: higher Brazil- fan markets CHICAGO.—Wheat, strong: expert buying. Corn, higher: predictions loss favorable weather, Cattle, steady. Hogs, weak; heavy supplies. TBEAS;RY CERTIFICATES. (Quotations furnished by Redmond & Co.) ~——XNoon. Bid. “Offer. . 100116 1004 :-21 oils Bonds, steady; 25,8 December 17 43{s December 1 35 March 3% March _ 4%s June 2%s September 21007316 100 1516 Saon 10T 4%s March 15, s December FOREIGN EXCHANGE. {Quotations farnished by W. B. Hibbs & Co.) Nominal Selling checks goid vaiue. toda; $4.8005 $4.49% 100 100 93 o518 193 l0d80 2385 trill'n 10436 London, pound Montreal, dol Paris. franc - Druseels, franc Rierlin, mark Rome. lira Zarich, franc thens. drachink . drid, peseta Yienna, crown Budapest, crown Prague, crown Warsaw, zloty . fopenhagen, cro uristiania, crown . Zockholm, crown . ty the Associated Press. = i'NEW YORK, October 15.—Forgign exchanges easy. Quotatione in_United States dollars: Great Britain, demand, 1.4813-16; cables, 4.491-16; 60-day Dills on banks, 4.461-16. France, de- wand, .0518% ; cables, .0519. Italy, de- mand, .0435% ; cables, .0436%. Beigium, demand, .0479% ; cables, .0480. Ger- many, demand (per trillion), 23%. Hol- iand, .3908; Norway, .1405; Sweden, .2657; Denmark, .1720; Switzerland, 11918; Spain, .1343; Greece, .0174; Po- jand, .19 ; Czechoslovakia, .0298 ; Jugo- siavia, .0142; Austria, .000014%: Ru- .00543% ; Argentina, .3725 ; Brazi ANCIAE; THE EVENING S NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Open. High. Low. Close. Open. Kigh. Low. Cigse. During | howeve, | regular | elling movement | 1 restrictions upon the pur- | placed to! D (6).. Adv Rum pt (3). Alr Reduct (15). Afax Rubber Allled Chem (4). Allis-Chalm (4). Am Agricul Chm Am Ag Chm pf. Ani Reet Sug (4) | Am Rosch. . .. AmBrS&F (5). |Am Can ct6).. . AmCar& Fy(12' am Chutn A"(2). | Am Cnicle Am Chicle pf. Am Drog Svnd Am Express (6) AM& F P 25047, AmFor P £ pd (1) Am Hide & Lea.. 'm Hide & L pf. Amice (7). Am Tnternatl \m Linseed \m Locomo (§). Am Meatal (3).. . Am Radiator (4) Am Ry Exp (6). {\mSat R (50c) \m Ship & Com. \m Sm & Re (5). |AmS & Rpf (D). Am St1 Fdys (3). \m Sugar B Am T & Tel (9). Am Tobac ( {AMTeb B ¢ Am Tob pf (F) | \m water w [ AN WEs1 pt (D). ‘m Weolen. \m Wool pfa ( \naconda . ['Arm of Del Arn Cons & Co.. Art Met Con (1). | Assa Dry @ (5) | Asso Ol (1%). .. AtT &S Fe (6). ATé&SF pf (5). V] Birm & At... At] Coast L (18). Atlantie Refin Atlan Ref pf (7). Austin-Nichols. | Bald Loco (1) ... Bal & Ohlo (5). | Bal & Oh pf () Bang & Ar pf (7)) | arnsdall A. | Barnet Leather. | Bayuk Cigar. {#'ch Nut (2.40).. | Bethlehem Steel. . 1 Booth Fisheries. ‘ Rrk Edison (8). frk-Man Tran. . | Br Man T pt (6. | iirklyn Un G (4) ‘ Burns Rr (10) . Rurns Br B (2) { Burns Br pf (7 | Burroughs (4) | Bush Te pf (T) Butte C & Zinc. . Butte&Supertor. Caddo CenO & R | Cal Packing (6). |calpet (1%).... | Cal Pet pt (D). Callahan Z Lead | Calu & Ariz (2). | Can Pacific (10). { Cent Leather Co. | “ent Lea Co pt |CenRIDM (2)... Cerro de Pasco(4) Certain-Td Prod Chand Mot (3).. Ches & Ohio (4). Ch & Opf (6%). Chicago & Alton Chic & Alton pf. Chic & East I1l... Chi& EIpf... Chic Gt West Chic Gt West pf. Ch Mil & St Paul Ch Mil & St P-pf. Chi & Nwn (4). |Chi R 1 & Pac. CRI&PDL (). CRI&PPL(D. ChStP Min & 0. Chi Yellow C (4) hile Cop (2%) i Cluett, Peab (5). | Coca-Cola (T). - | Colo Fuel & lron Colo Southern. .. Col So 1st pf (4). Col G & E (2.60). Col Carbon (4) .. | Com Ir Tr (63c). | Com Solv A (4) Com Solv B.. Congoleum (3) Con Cigars pf () Consol Gas (6). . Con Gas of B (8) Comsol Textil Cont Can (8). Cont Mot (800} Corn Prod (2). { Cosden Co. ... . Crucible Stl (4). Cub Am Sug (3). { Cuban Cane Sug. Cub Cane Su pi.. Cuyamel Fr (). Daniel Boone. .. Davidson Chem. Del & Hud (9).. Del L& W (6). Det E4 C» (8). .. | Dome Mines (2). DuPtdeN (8).. Duq Lt st pf (7). Eastman (17%) . Eaton Axle:& S.. E1 Stor Bat (4) End-John (5) Erte. Erle 18t pt... Exch Buffet (2). Famous P1 (8).. FdM&Spf(D. Fisk Rubber...... Fielschman (13%) Foundztion (6! | Freeport-Tex: Gardner otor. . Gen Asphait. ... Gen Asph pt (6). Gen Baking (6). Gen Cigar (8)... General Elec(8) Gen El spe (60c) Gen Motors Gen Mot db (§) Gen Mot pf (7) Gen Petm (2) | Gtmbel Bros Glidden Co. Gold Dust. Goodrich. | Goodyear pf. Granby Consol Gray & Davis Gt North pf (5) Gr Nor Ore (3). Grt Wstn Su (8). Gt West Spf (7). Guantan Sugar. Gr Canan Cop. Gu Mo & N pf (5) Gulf SLSt) (3).... Hanna rst pf (7) artman Co (4). E‘Tn Wh'l (3. Homestake (17). | Househ'd Pr (3). | Houston Ofl. .. 7. Hud Mot C (3. Hupp Mot C (1). | nlinois Cent (7). lCent pf (€). Indep Oil (1) ... iIndiahoma Ref. . Indian Motorcyc i Indian Refining. Inland Stl (2%). inspiration Cop. Interb Rap Tr... Internat Ag new Int Bus Ma (8) Int Cement (4).. int Com Eng (2) Internat Har (5) Int Mer Marine.. Int Mer Mar pf.. Internat Nickel. Inter Nick pf (6) Internat Paper. . Int Ry Cent Am. IntRysC Apf... It T&T®).... Intertype (t1%) Invincible O41. .. Toklo, .281% ; Montrea!, .99 31-257% 83% 85t 39 9% 8518 39 9% 8% 70 3514 1% 38% "8 241 80% 9% 8% 0% 821 [ 4ty 38% 0K 140 85% 240% 107 56% £9 99 39% 6ok 12 85 2 6: 18 A 5% 100% 85% 9 9% 8% 70% 56 1% % 14% 113 28% 108 92 131 Jones Bros Tea.. Jordan Mot (3). Kansas & Gulf. . KC P&L 1st (7). Kan City South. Kan C So pf (4). Kayser Jul & Co Kelly Spr Tire Kenne Cop (3).. Keystone T & R. Kinney G R Co.. 164 2% % 97 20 Bw 13% 154 “% 1% 72% Kresge SS (8)... 414% Kresge Dep Str. Lehigh Vai (3%) Lig & Myrs (3) 4% £9% Lig & Myrs B (3) Lima Loco (4).. Loews Inc (2) Loft Incorpor. .. Loose-Wiles Bis Lorrillard (3)... Louts & Nash (6) Mclntyre (75c). | McCrory B. Mack Cos pf (4) . Mack Trucks (5 Mack T 24 (7).. Macy RH & Co. Magma Cepper. Mallinzon & Co. Vo 1t md gd 4. Man El gtd (5). Minhat-Shirt (3 Maracaiho Ol Market St Ry. Mkt St Ry prpf. Marland Ofl.. . ) ) Marlin Rockwell Mathieson Alka. Maxwell Mot A.. Maxwell Mot B. . Mav Dept Sf (5). Metro Gold pfd. Mex Seabd (2) Mianu Cop (2) Middle St Ofl. Midvale Steel Minn & St Louis M StP&SSM (4). Mis Kan & Tex. Mis K & Tex pf. | Midid Prpf (8).. 36% | Mis=ouri Pacific. 110 22% 1% 59 58% 90 175 24 45 63 434 3% 115% 23% 67% 4% Missour! Pac pf. Montgom Ward. Moon Mot (3)... | Mother Lode T3¢ Nash Mot (+10) Nat Biscuit ( Nat Dairy (3). Nat En & 8t. . Nat Lead (8) Nev Cons Cop. .. N Or T&M 123% . N Y Air Br (4) NYABra®).. N Y Central (7). NYC&StL (). | Nat Supply (3).. 108% | NYC&S1L pt (6). 24% 126% 106 109% 9ip 66% 6245 26 36 21% 80 49% 8% 1% #3% kY 4% 393 80 145 89 243% 10% 564 89 29 40% 56% 12 35 28% 65 18 | 3% 9% i 1078 L 6% 14 2% 8% 88 4% 83% 45 33% 8% 264 | 13 107% [ ;;cq Ry Invest pf U S CastlIron P. USCIP L (D)... U S Distributing 107% | ™ % 19 8 38 | 244 22% 48% 28% 92 8% 3454 18 20 43% 12% 54 B1% 29% 13 N Y Dock....... NY NH & Hart. . NV Ont & West. N Y Stea pf (7).. iagar Fpf1%. Norf & W (18) .. North Am (2.40) North Am pf (3) North Pac (5)... Orpheum pf (8). Otis Elev (n) (4) Otis Steel. B Owens Bot Pacific Develop. PacG & E (8) Pacific Ofl (2) Packard (+1.50) Pan-Amer (4).. Pan-Amer B (4) Park & Tilford. . Penn Railrd (3) Penn Seab Steel. Pecp Gas Ch (7) Peorfa & East. .. Pere Marq (4) Phila Co (4) Phila& R&IL... Phullip Morris Phillips Pet (2). P-Ar pr pf (8) Plerce Oil. ... Pierce Oil pf. Pierce Petrol. . Pitts Coal (4). . 102% 18 57 46% 41% 137% 29% 3 Pitts Ut pt (1.20) Pitts Ut ctfs 1.20 Pitts & West V Pitts & WVa rts Postum Cer (4). Press Steel Car. Prod & Refiners. Pub Ser NJ (4). Public Serv rts. .. Pullman Co (8). Punta Al Su (5) Pure Oil (1%).. Pure Oil pt (8).. Radio Corp of A, Reading rts. . Read 1st pf (2).. Robt Reis 1st pf Replogie Steel. . Rep It & Steel Rep I &S pf (7). Reyn’ds Spgs (1) Rey Tob B (3)... Roy Dth (4.42%) St Joseph Ld (2) StLSan Fran. .. St L San F pf (6) St L Southwest. St LS'thpt (5).. Seaboard Alr L. Seab'd Alr L pf. . Sears-Roebk (6) Seneca Copper. . Shell Trad (2.06) Shell Un Ol (1). 125% 46 224 96% . 25% 124 11% 58 19 345 . 60 10% 44 85 14% 75% 0% 28 684 . 38 68% 60% 105% 14 26% 102% 1% 33% 17 Shell Un pf (6) .. Stmmnons Co (1). Simms Pet. 2 Sinelatr Ofl. ... Sincl'r O pt (8).. Skelly Oil. Sloss-Sheft So P Rico Su (6). South Pac (62... Southern Ry (6) South Ry pf (6). Spicer Mfg. .. Spicer Mf pf (3). Std Gas & El (3) StOfl Cal (2).... StOIINJ (1).... StOINJ pt (D). Stand P1G1 (3). Stew’t Warn (5) Stromberg C (8) Studebaker (4). Submarine Boat. Superfor Oll.... Sweets Co of Am Tennessee Copper Texas Co (3).... Tex G Sulph (7) Texas & Pacific, Tex & Pac C & O. Tide Wat OIl (4). Timken (13%).. Tob Prod (6).... Tob Prod A (7).. Transcout Oll... Underwood (3). Union O1l. Un Pactfic ( Un Tank Car (8) Utd Cigar (3%). United Drug (6) U D 1st of (3%). Utd Fruit (10).. Utd Ry Invest. U S Distr pt (D S Hoft Mach. 1nd Alcohol. Rubber..... R 18t pf (8). U S Smelting. u U u u u S s s s U S Steel (16%4). U S Steel pf (7). R&Im@®).. 35 117% . 16 . 53% 62% 37 8t 4% 2% 7% 40 6% 2% kB . 116% 34% 62% 9% 4 3% % 3. 1364 120 5l 90 49 200 . 18% 41 107 99 20% 121 . 22% 68 9% 32% 83% 31% 106% . 122% Universal Pipe.. Univer P pt (1) Utah Copper (4) Utab Securities. Vanadium Corp. Va-Caro Ch pt.. Va Ry'& Power. vivadou. . Wabash....... Wabashpf A! 59 8% 14% 14% 1% 16% 83 " 97 20 b4% 19 16% 4% 1% T2% 414% M 60% 61% 62% 13% 107% 40t 51% 104% 107 16% ‘e 32% 82% W 97 19% 544 18% 15% 44% 1% T1% 414% 4“ 59% 61% 61% T 434 83% | 9 33 59 18% a4 15 $718 874 20 224 20 964 28% 122 32 4T% 61 96% 674 T 41 L 29% 21% 19% 95% 28% 121% 30% 47% €0% 9%6% 667 T i | { | j cisco income 6s. | vidend | me | Southeastern | Orle |orl NEW GERNAN LOAN FEATURES MARKET Demand Carries Price to High Mark Reached on Day of Offering. BY GEORGE T. HUGHES. Special Dispatch to The Styr. NEW YORK; October 15.—Active demand for the new German 7s was again the feature of the bond market today. A premium over the offering price of 2 points and more was read- ily paid. the buyers probably being hous who had sold more bonds to their customers than it appeared they would receive when the allot- ments were finally made. Other foreign bonds were firm to higher., Swiss 5%s sold at par and City of Copenhagen 5l%s were in de- mand at 96 and above. Both issues today equa'ed their higher record. Czechoslovak 8s were strong. krench bonds did not dd as well, but changes were only small fraction: There 1s talk of a new French loan to be placed in this market. Liberty Bonds Strong. In the general list outside the United States Government loans, the tone was heavy and for speculative rails the market was weak. The Treasury 4%s sold at what was pra tically the best price in their history. | Other Liberty bonds were little chany ed. The first mortgage rails mostly lower. Business in thi of secwrity in the outside market was unusually dull. In the speculative rails, there wi heavy selling of St. Louis-San Fran- Trading i St. Loui ncisco bonds has buen on a 1 le ever since an initial di- was declared on the preferred stock. Missouri, Kansas and Texas a‘l- justments, International Great North- ern adjustments and Missouri Pacific eral all sold at Tuesday's low or Panl refunding 4%s lost a haif Chicago Terre Haute , now a St. Paul sy strong. Local point. tem bond, w included al ssues 500,000 Detroit Edison zene: refunding 5s due 194 per eent and $4,350,000 City Antonio, Texas, 55 due serially yield from 2.50 to 4.45 per cent e 215 per cent yield applies only to the bonds maturing January 1 next. Domentic Insues’ Weak. By the Associated Press. NEW YORK, October 15.— demand for the new German _bonds today carried the price in Stock X change trading to 94%, a duplication of the high mark establ initial sales yesterday. volume of trading in the the outstanding feature of the market, in which foreign ob! led in activity. The new Railway 7s achieve high price at 93% and other uropean issues moved up in sym- thy to the advance in German { bonds. Trading in domestic issues marked by a downward trend. with s of a point or more recorded ¥ Chesapeake and Ohio convertible . Louisville and Nashville 4s, New Haven 4s of 1957, Warner Sugar Eastern Cuba 7s and General aking 6s. 'TRADE WITH SWEDEN GAINS 273 PER CEN 2% Exports to U. S. in Sensational Ad- vance—Imports Up 179 Per Cent in 10 Years. By the Associated Press. STOCKHOLM, October 15.—1 sen- sational rise in the trade between Sweden and the United States during the decade 1913-1923 is analyzed in the latest quarterly report\of Skan- dinaviska Kreditaktiebolaget, the | largest bank in Scandinavia. Acgording to this survey the value of Sweden's exports to the United States during the period 273 per cent, while her America during the same time rose 9 per cent. The Swedish exports included such staple products as wood pulp, paper, iron ore, safety matches, etc, while the American goods imported con- sisted largely of motor cars, Petro- leum and vegetable oils, cotton and copper. increased e SHORT-TERM SECURITIES, (Quotations furcished by Redmond & Co.) Aluminum Co. of Amer. Aluminum Co. of ‘Amer. American Sugar 6s 1 American Tel. & Tel. 6s ‘Anaconda Copper 6s_1029...... Anglo-American Oil 7lgs 1925, . Associated Oil 65 1835.... Bell Tel. of Canada 5s 1955 Central of Georgia s 1929, Gentral Leather Gs 1025 1083, 10725 1001 103 10143 1013 100 10815 100% Continental Du_Pont 7Tis 1931, Federal Sugar Ref. G Fisher Body Corp, Fisher Body Corp. 6s' 1928, Goodyear T. & R. 8s 1931. Goit o1l Corp. of P Famble. Ol Brge v Iehigh Pw. & M. St P& S. 8. M. Bigs 1091 orris_& Co. T%s 1930, New York Central 65 1935 Oregon Short Line 4s 1929. Fevtagivania Jo 7'l pure O 535, August, 1025 Swift & . 58 1932 Tidewater Oll 0%s Tnion Tank Car 7s 10 U. 8 Rubber 7345 190 ‘Western Union 6%s 1086 3 Westinghouse E. & M. 7s 192] ‘Wheeling Steel 6s 1926... AUTOS ON INCREASE. BOSTON, October 15 (Special).— | There are now 636,849 passenger and commercial automobiles registered in Massachusetts as compared with 531,613 at this time last year. —_— waldSys (1%).. 15 18% Web & Heilb(1). 15% . 15% Wells Far (212). 9% -9% West Pen (4) 8¢ 84 West Pen pf (7). 91% 91% West El pf (7. 114% 114% West Maryland. (0% 10% West Md 2d pt 17 17 Western Pactfic. 21 21 West Pac pf (6). 69% 70 West UnT1 (7).. 110 110 Wert Alr Br (6). 924 924 West E&M (4). 61% 62 whi & L Erle 1L 11% Wheel & LEDf. 20 20% Wh Eag Ofl (2). 24% 24% White Mot (4. 60% 613 wickwireSpStl. 1 1 wilson & Co.... 5% 5% willys-Overl'd.. % 7% Willys-Ovd pf... 65 65 Woolw'th n (3).. 102% 105 Worthing P’mp. 36% 388% Wright Aer (1). 12 12 Wrig W Jr(3).. 42% 43% Yellow Cab (5).. BO% 60% Youngst S&T (4). 656 65 65 65 15 1Partly extra, "$Payable in preferred stock. te: iven in the above table Dividend rates“as given in the sbore table are the annual cash latest quarterly or Tnless otherwise dtvidends payme half-yearly declarations. noted, extra er speclal not included. 'AR, WASHINGTON, D. ¢, WEDNESDAY, OCTOBER 1. - 104 T STOCK EXCHANGE [orwvom BONDS Received by Private Wire Direct to The Star Office. FOREIGHS. UNITED STATES BONDS. ] Bales. High. Low. (Sales are in $1.000.) FINANCIAL. HEAVY SHORTAGE TRANSIT COMPANY nabated | | weatinghouse 7€ Argentine 65'37... 75 94 Argentine 7s. 4 102% Austria 7s 88 94w Belgium 6s 100% 98% 110 107% 93 88 #3% 96% 101% 98% 102 94 100% 96% 109% 1074 2% 87% . 83 95% 101% 102% 1084 1043 -9Tk% 108 105% 11 95% 96 100% 100% 109% s 100% 1 By 834 <% Bollvia 85 Bordeaux Brazil 7s Brasil 85, anads’ 531926, ‘anada 5s 1931 ‘anada 5s 1962, Canada 5%s 1929. “hile 75 1943 Chile 85 1941. Chile $5 1946. . . Christiania 8s. . Cobennagen 5% Cuba 58 Czecho 8s 1951 . “zecho 8s 1952 cf Danish Munic 8s B Denmark 6; Denmark §a. Dutch E I 6%s. IDETE®sct. Dutch East I 6 Duteh ast I 6 Kl Salvador 8s '48. Finland s ¥ 6s 1945. 40 Framerican 7%s.. 11 French Govt Tigs .. 57 French Govt ss.... 66 Germany 7s w i.. Raiti 6s.. ... Holiand-Amer 6s. | Hungary 6 | Ttaly 6145 192 | 1apanese 4s Japanese 6% Jergens U M €343 Lyons 6s. Varseilla 6s...... Mexico 45 *04 asntd. Mexico 45 '10 asntd. Mexico 5s assented etheriands 65 '54. etherlands | Norway 6s 1943... | Norway 65 1944. | Norway 6s1952.. | Norway 8 Orient Dev deb 6s. Paris-Ly's-Med 65. { Paris-Ly's-¥ Prague 7%s. { Queensland 7s. | Rio de Jan 85 1927, Rio Gr Do Sul 8s.. San Paulo State ine Dept. of 7s.. erbs Crotes Slo 3s weden 6 : 5 5t 1004 92h B3ty 105 99% 1144 64% 110% 110% 1051 10574 1051 1052 Mt 1% Tokio 58 d Kingm | a Kingm 512=" { Uruguay 8s | Zurich &8, ! MISCELLANEOUS. 927 99 94% 264 927 9 94% 961, Ajax Rubber 8s. .. Am Agr Ckem 3s.. Am Chain s 6s '3 Am Cotton Oil 55 . s | Am Repub deb 6s.. | Am SmItAR 1st 53. .| AmSmit & R 6. | Am Sug ret 6 SAnT& Teltr4 Am T&T cl tr & |AmT & Tdeb5% lAamT & Tevbe.... | Asn Water Wks bs. ! Anaconda 1st 6= { Anaconda cv db s | frmour & Co 433 | \rmour of Del 5%s | Associatec Oil 6s. { Atlantic Refin 5s... | Barnsdall s 8 Bell Tel Pabs....o Beth Steel pm 5s. . Beth Stecl rf bs | Beth Steel 53 | Beth Steel s £ 6 . | Brier H St 1st 51¢s. { Bkiyn Ed gen 5s.... | Bklyn Edison 7s D. | Bklyn Union G 5s . 1 Bush T Bldg o8 "60. Calif Pete 67, <. Can Gen El deb 6s. | Central Leather s 1Chile Copper s. | Col Gas & El 5s.. Col Gas & El bs sta | Commonwth P Gs. { Con Coal Md 1st | Consumers Pow 53 | Cuba Cane cv 73 '30 Cuba Cane cv d 8s Cuban-Am Sug 88 | Denver Gas 58 Det Edison ref 6 Ou Pontde N 7%8 Duquesne Light 53 Est Cuba Sug Empire G&F 7%s. imports from| gisk Rubber 8s. | Gen Elec deb 53 Goodrich 6148. Gondyear 85 1931. Goodyear 88 1941. | Hershey 6 Humble O&R | izinots Bell 1st | {rt Mer Marine 6s.2 | inter Paper 58°47 I KCP&LLSSA | Kan G & El 63°52 ser (J) T | Liggett & Myrs & | ElEgett & Myrs 7s. Lorillard (P) Magma Cop CV 73 Marland Oil 7%38. - Marland Ol 8s°31. Mexican Petrol 8s. Midvale Steel 63 ct Montana Power 53. N Y Eden 1st 6%s. {NYG ELH&Pbs... 1 cific Gas & E1 58 PacT&T isths. .. Ppacific T & 'f 65 '52 Phila Co 5%s°38. Phila. Co ref 63 A Phi! & Rd8 ‘f: 5 rce-Arro | e acers & RE 85 Public Service 5 i pub Serv B | punta Alegre | Sharon St H § Sinclair Oil 78 Stn Crude Oil 68 106% 96% 98 108% 109 93% 116% 84 104% 101% 104% 93 59% 28% 83 92% 8% 1% 108% 4% 99% 87% 50% b 18t TL 58. | U8 Rabber 143 us smellfl" 6s s steel 8 Usan Pow & Lt & Va-Car Chem 78. - va-Car CB g 25 Warner Sus < Warner Sug 18'41. e 111% 108% 74% $9% 87% 50% 51% 514 101% 101% % 95% ckwire Spen T Witlys-Ov 8%s°38. " Wilson & Co 1t 8. the big sacrifice. Y 8245 | Atchison gen 4s, Sales. High. +ee 299 10028 6 101-10 69 10248 Lib 2d 48. Lib1st 4 166 102+2 Lib 4th 4%4s.. 1616 102-11 US4%s1952. 92 106-10 RAILROADS. 8y Atlantic C L 1st 4 Balto & O Ist 55 ct. BROS6s... B&Orfimp 6s. B & O PLEWV 4, B & O Toledo 4s Bklyn-Manhat Buff R & Pitt 415s. Slns:l North 6%s. nad Pac deb 4s. Car Clinch & O 6. . r Clinch & O Cent of Ga 5. Cent of Ga 6s. Zentral Pacific 4s. Ches & O cv 434y, . Ches & O gn 434s. s & Ohio cv &3 Chi & Alton 2s Chi & Alton 315 Chi B&Q gn 4953, Chi £&Q Ist re 5a. CB&Q-Idiv4s. . “hi& I3 111 gn 5s. . Chi Great West {s. 5 Chi Rys bs. . ChiRT& P gn 4s ChiR1&Prf4s. Chi Un Sta 4148. hi Union Sta 5s Chi Un Sta 6%s. .. Chi & W Ind cn §3. CCC & St L 5s. J& StLrf6sA. Cleve Term 5s Cleve Term 5%s. Colo & Sou 4% Del & Hd 1st rf 43 Dei & Hudson 5128 Den & Rio G cn 4a. D & Rio G imp 58 3 1strfss. Ist can 4s. . ie gen 4s. ieconvds A 1e conv 4s B onvasD.... ie & Jersey 6s Trunk ef db 6s. and Trunk cat North 5. .. 1 North gen 4. North ren 78 H%vana RL&P 58 Hud & Man ref 5s Hud & Man a 5. $6% 1044 1044 99 107 P13 103% | 99°% 978 8715 g6 103% 108% | 93" 115% £4 1044 1013 104! 924 974 8% 8214 818, 98% 114 108% T4% 993 87% 505 51% 101% % It maybe well ta remember that in ninety-nine marriages out of a.. dred it is the’ woman.who has made hun- | Mil El E BY] 11! Central 5%s Int Rap Tr 5s stpd Int Rap Tran 6s. nt Rap Tran 7s Kan City Term 4s. ake Shore 4s '25. . Lake Snore 4s 31. | Lehigh Val cn 4a. Louis & N uni 43 Louls& NEsB Louis & Nash Mznnat Ry cn 4 Market St Ry 7 ¢ & LS3... St L 18t ref 4a. M StP & SSM cn 4s. M P & SSM 638, MK & T Ist 4s. MK& T4sB. SarmaslaracinSod - 2| MK & T adi 6 MK&Tprin MK&T6sC. | Mo Pacific gn 4 | NewOr Term 4s NOTex&M InSs. N O Tex & M35 B.. NOTex & M5ks.. N Y Cent g NYCentri { N YCent deb 61 NY CenLscl3k N Y Chi& SL5k%e. INYC&StL6sA New Haven d 4s '57 New Havencd 6s.. | New Haven 7s..... New Haven 7s fr.. 161 NYOnt& Wref4s 4 N Y Ryrfdscifs.. 24 Y Y Risadjbsct.. 10 te Ry 4138, 9 N Y W & Fos4%a. 10 Norfolk & W cv 63. 30 Northern Pac3s... 1 Northern Pac 4s... 10 Northern Pacriés 9 Ore & Calif 1st5s.. 4 Ore Short L ref 48. 55 Ore Sht Lcn 58 '46. 5 Ore-Wash 1st rt 4s | Pennsyl gen 433s... | Pennsyl gen 6: | Pennsyl 6% Pennsyl gold Peoria & E inc 4s. Pere Marq 18t & PCC&StLbsA Reading gen 4s.... Reading gn 4%s. .. Rio G West Ist 4s.. Rio G Westcl 4s... RIArk &L 4% St LIM&S 43°29. StL&SFplisA.. StL&SFprink StL& SFbl4sD StL&SFadj StLea SFinc6s.. StL&SFplésC.. StLSW con 4s'32. StP & KCShL 4%s3. San A & Arn P 4». Seab'd A L 4s sta. Seab'd A L ref 4s. Seab'd A L adj 5s. ab'd A L con 6s. u Pacific 4a ‘29 Sou Pacific ctl 4s. Sou Pacific ref 4s.. 21 31 S I Southern Ry =n 4s. Southern Ry 1st 63 Southern Ry 6s ct, Southern Ry 6%9.. 2 Toxas & Pac 1st 55. 12 Third Ave adj 6s.. 116 TolSt L& W 3%s.. 1 Unlon Pac lst 4s.. 23 Union Pac1sttfis 6 Union Pac 48°27.... 19 | Union Pac 1st r£65 6 Union Pactfic cv 68 21 virginia Ry st s . 15 Va Ry & P 1st 58, Wabash 1st 5 Wabash 2d 58 Western Md 4 Weatern Pasific | Wheel & L E cn 4s. Whel &LE rf 4%s 1 Wikes-B&E 1st bs. 2 { Wisconstn Cent 4s. 1 | — | | cor. | Burns Bros. A o B... Cerro De Period. cee Lord & T. 1st p do 24 pt. ac3 do 2d pf. : MeCrory St. | £l Leorkcecce Low. 10026 101-10 102-6 1 106-10 High. Low. Close. % 89% 91% 99 8% 55 : 101% 941, 93w 8245 70% 82 92% 701, B5%, 931 8% 683 101% 86 DIVIDENDS. 100-26 101-10 Closs. 02-8 B9% | 9t | yya »7% 88% | £ 993 | 1027% | 100% 4% 67 9% 874 n7 nz7 9% 100 105% | 99L 103% €74 | 954 E9% o7 61% | 3% £8% 90% 0% | 67% 4 | Liverpool c 69 804 | wavering i to i pe 9% | 62‘5‘ 814 | | first and then scoring gains. 70% | 85% ¥3% 78% 69% 101% 26 9 79% 724 | 66 | | which 1 July INMARYLAND CORN ~ REPORTS DEFIIT | Wheat Crop Also Smaller,| | \ But Hay Yield Is Largest Ever Recorded. Special Dispateh to The Star. BALTIMORE, Md., October 15.——The combined condition of all growing rops in Maryland on October 1 was 2.2 per cent better than on September 1, being 90.7 in comparison with an average represented by 100, accord- ing ohn S. Dennee, Federal crops st n. Corn is running nearly 10,000.000 bushels behind last years production and the average of the preceding five years (1918-22). Potential production as against bulk production may be further re- duced owing to a lower quality. Late corn stands in imminent danger of injury by early frosts. Wheat is near- 1y 3,600,000 bushels less than in 1923 and over 2,000,000 bushels behind the average production for the fiv period 1918-1922 H production totaled tons, nearly doubling 1923 produc and established a new high recc being biggest hay crop in Mary- land since the Government bureau has been keeping tabs on hay produc- ery wet Spring and early avored hay lands, while »p. and the it is believed, will et by the loss on corn. COTTON IS STRONGER AFTER SHARP DROP n be off | Market Does Better on Covering and Expected Rebound—Weath- er Favorable. he Assocated Press. SW YORK, October 15.—The cot- | ton market opened firm at unchanged to an ive advance of 26 points months selling about points net higher during the rly trading on covering and buy- ing for a reaction, promoted by the steadier selling of Liverpool The weekly report of the Weather made a favorable showing and the day's weather news cated continued favorable conditions in most parts of the belt. The mar- evidently was influénced. how- by a feeling that railies were to 2 o likely to follow the break of vester-| day and that a considerable short interest accumulated. October was relatively easy. owing to the circulation of notices, but sold'up to 2337, while the early advance car- ed December up to 22.53 New Orleans Quotations, NEW OR October 15.—The cotton market opened 13 points lower for October, but rallied somewhat during the day in sympathy with better bles than due and later months unchanged from the prev ous close to 1 point net higher. The zeneral feeling was bearish. Prices on rallied to for December, for Janualy and 2260 for March, or 7 to 10 points over the ous close owing to reports that resh disturbance had developed in ribbean Sea. erally fair and temperatures CHICAGO GRAIN PRICES. CHICAGO, October 15.—Despite a start, the wheat market n ored fresh gains in price to- day. Initial weakness was chiefly due lower quotations at Liverpool. Indications, however, of big new ex- buying of domestic wheat tend- to give strength to values, and e, did further advices of ble conditions for the grow- ing crop in Argentina. The opening, ranged from % decline to % gain. with December 1.46 to 1.46% and May 151 to 1.51%, was followed by a moderate upturn all around Corn swaved with wheat, easing at 1 After opening 3% to % down, December, 1.11% to 1.12, the market rose to well above vesterday's figures. Oats” were firm from the outset starting unchanged to half cent high er, December. 51% 10 4%, and later continuing to harden. Provisions averaged higher, sy thizing with grain rather than hox values, EAT— ‘mpa- e. N December May July OATN December May . 568, b ote i AN GRAIN AND,PROVISIONS. “BALTIMORE, Md., October 15 (Spe- cial) —Potatoes, white, 100 pounds, 50al1.50; barrel, a2.25; sweet potatoes, yams, barrel, 3.00a bushel, 1.00al.40; beets, cabbage, 100, 2.00a5.00; carrots, 100, 3.00a5.00; savo; bushel, 50a60; celery, crate, 1.50a2.00; corn, dozen, 10a30; caulifiower, crate, 2.00a eggplants, basket 3 let- buShel, 7547 100 75a2.00: peppe: basket, 40a spinach, basket, 25 pumpkins, 100, 5.00a15.00; tomatoes, basket, a60; packing stock, bushel, turnips, basket, 50a60. Apples, barrel, 2.0025.00; bushel, T5a 1.75; grapes, basket, 1.00a130; peaches basket, - 1.25a1.50; _bushel, 1.50a2.25 pears, basket, ‘bushel, 1.25a3.50. Selling Prices at Noon. Wheat—No. 2 red Winter, spot, 1.57 . 2 red Winter, garlicky, 1.50 . 3 red Winter, garlicky, 1.47%. Sales—None. Corn—Cob, old yellow, 6.50 per bar- 1: old white, 6.35 per barrel; track vellow, No. 2, 1.30 asked. Sales—None. Oats—No. 2 new, 61 per bushel; No. 3, no quotations. Rye—Nearby, 1.10a1.20; No. spot, 1.39. Hay—Receipts, none. The supply of hay on sa@ is more than ample for present trade wants and prices on medium and low grades are in the buyer's favor. A call is heard for the better grades of timothy. Quotations tod: No. 1 timothy, 21.00; No. 2 timothy, 19.50a20.50; No. g 1 light . 1 clover, 100, 3.00a5.00 tuce, pounds 75 75a1.00; 15 2 rye, mixed, 17 Straw—No. wheat, new, . 1 oat, 13.00a14.00. e, PARIS MARKET STEADY. PARIS, October 15.—Prices wers steady on the bourse today. Three per cent rentes, 50 francs 85 centimes. Exa change on London, 86 francs 20 cen. times. Five per cent loan, 63 francs 44 contimes. The dollar was quoted at 19 francsg20 centimes. gt oot POSTUM'S EARNINGS GAIN. NEW _YORK, October 15—FPostum Cereal Co. earned net profits of $3,096,- 998 in the nine months of 1924, equal after preferred dividends to $6.76 a share on the common stock. against 12.00a vious corresponding period. -~ indi- | The weather map | with | ¢ {ing because of the exce, 40 $2,439,332, or $5.12 a share, in the pre- | Figures for August Again Show Loss—Profit in i Totals for Nine Months. 1 BY CHAS. P. SCHAEFFLR. | The Washington Rapid Trans Company cntinues to lose mone a deficit of $1,839.43 compared with a los. in August. In April, 1 the last month of the straight & fare, the company reported a profit $4,451.71. For the first nine months of the current year the company shows a profit of $5,006.54, but another re verse such .as suffered in_ Augus when the company lost $5,027.17. will wipe out the margin of profit entirel: The carrier was rat consisten: in reporting varied balances for the first flve months of 1924, showin profit of $189.83 for Ja : $1.8 58 for February; $3,932 3 $4,451.71 for April, and 6.08 f In the following month, June e first deficit, $671.08 was incurred This reverse was caused to a charge: off of $1,724 in bad debts. In Jul an income of $1,832.20 “in red” was reported, and in August the huge re verse of $5, 17 followed Beginning with July ] last. the car rier cut the operating mileage ap proximately 15,000 m to abou 1125,000 miles, at the same time main taining the same number of busse: | 38. Comparative traffic statistics as o September last, and of April. the last month of the S-cent rate, show revenue passengers decreased 104 649 to 274,652, consisting of 61,753 10 cent fares and 212,899 carried at the rate of 8 1-3 cents. Passenger revenues in Septembe amounted to $24,169. with operatin cxpenses totaling $26.408, classified as follows: Vehicle operation, $13,108 | garage operation, $1,013; maintenanc {$4,981; depreciation. $2,804, and gen |eral and miscellaneous expense | 34,501 ! Bond Issues Allowed. The Southern Railway tod tained authority from the Inte Commerce Commission to issue 030,000 of equipmernt trust certificat to issued through the Penn: vania Comp: to be sold at ne per cent of par. The Winston-Salem Terminal C pany received authority to issu $500,000 of first mortgage 5 per cen' gold bonds and $3,000 of capitzl stock. The bonds will be guaranteed by the Southern, Winston Southbound Iwa | the Norfolk and Western | Trading on Local Exchange. { Comparatively heavy selling in | ferred stock of the National M | sage and Investment Company | tured today's session on the Wast !ington Stock Exchange. A total o | 445 shares changed hands, the price i 9. being slightly easier than recent transactions. Railway preferred stock was stronz {at 79, although the majority of sale | were in odd lots. District Nationa | Bank was firmer at 168, and Capita | Traction stock sold at 92%. Five shares of Mergenthaler Linotype brought 16. | Wardman Park Hotel 6s sold to th ’uzem of $2,000 at 991, and Wash- ington Gas 6s brought par and five eighths. Capital Trac n wer | unchanged at 88 $11,000,000 in Bonds Sold. To aid crop financing the latest ue of $11,000,000 debentures of tt Federal Intermediate « t bank for six months, to yield 3.25 per ce have been sold and delivered i Charles E. Lobdell, the fiscal a n | for the Farm lwoan Beard and t <credit ba: This was the lowe rate of any securities sold by eithe ‘lhl- credit or farm loan bank: | In announcing the issue and sale | these securities, Commissioner Coop- er of the Farm Loan rd declared | results thus far indicated that the | credit banks had been abie to relieve | financial stringency in any on | where they were called upon for help | Ample credit has been applied to the | farm co-operatives, he said. adding that he belicved the banks would ! have no difficulty in caring for mar i keting needs this year. Significant Feature of Sale. “A very gratifying and sig | feature of this sale,” Mr. Cooper cc tinued, “was the purchase of $1,000 000 of the debentures of the Wichita bank by a group of Kansan banks | headed by J. R. Burrow, president of the Central National Bank of | Kans. Tn cident is signi the fact that Kan is ordinarily | nigh-rate territo and that fo { vears ago Kansas banks were strair d to the limit, many of them pay |ing the Federal Reserve banks | high as 12 per cent for their borrow ssive amount fundamenta | significant to the trength of our agricultural distric on the situation purcha possible has been in the |” “Commenting | which made this | Mr. Burrow, who h | banking Kansas for 30 | years, E as is surely com | ingto the front this year, and 1 be | lieve that it will be the best dei | paying crop for the farmers that | they have had for 25 ¥ 7 the Wich: bank { funds needed by were to finance co-operative market- wheat and Okla ing of Kansas homa cotton, and to the Karm Loan Board it is gratifying and significant that the country banks in the agricultural territory are willing and anxio when able to thus in fostering farmers’ co-operativ: marketing movements.” CHICAGO LIVE STOCK MARKET CHICAGO, October 15 (United States Department of Agriculture).—Hoy Receipts, 22,000 head; mostly 25 to 35 lower than Tuesday's average, or 35 to 50 lower than the best time underweight and packing sows show full decline; oversupply and ligh shipping orders; top, 11.25; better 200 to 340 pound -butchers, largely, 10.90a11.15; bulk desirable 160 to 1949 pounds, 9.85a10.75; majority gsod an¢ choice 140 to 150 pound offerings, 9. 0 a9.50; packing sows, mostly 9.75) 10.10; bulk desirable strongweigl slaughter pigs, 8.00a8.50. Cattle—Receipts, 16,000 head: (‘{‘ yearlings moderately active, genei- ally stead: numerous loads, 11.5& 12.00; long and light kind, 12.2 some bid 12.40; heavies comparativey numerous, slow, weak to 25 lows: mostly 15 to 25 off: early top weigh: steers, 10.75; peral supply fed stee's, contingent grading, good to choike sizable sprinkling of highly finiskd weighty steers included in run; can- mon and medium grade not movilg: she stock, excepting desirable litht heifers, very dull at last year's ow point; bulls and stockers and feeers steady; vealers 25 lower; bulk arand 10.00; several loads Western ga steers to killers, early, 660a6.80 wak Sheep—Receipts, 18,000 head; ul few early sales fat native laml *- packers, weak to 25 lower at 1.00a 13.25; few to outsiders, upwan to 13.50; heavy sort talking aroufl 25 Jower on Westerns; no early fles; best held at 13.5 sheep and ing lambs unchanged; fat ewes, best feeding lambs held at [3.0 short-mouth breeding ewes, 6.747.50; feeder yearling wethers, 8.75. | LT S 1t yvou need work, read the want columns of The Star. ¢