Evening Star Newspaper, October 29, 1924, Page 24

NDAYS TRALING .. Po r Steel Report and Drop- " ping of Rail Lease Are ' Active Factors. ART P, b to The 9tar. NEW YORK. October The United States Steel report for Sep- tember cast a damper on the market today. It was not up to expectations particularl rded the carnings the month of September. The ison between these Septembe ts and those for July were un satisfactory, and heavy selling eame o United st 1at th art The had closed Tuesday at first_sale this morning 1t rallicd for a time, but weakened and thereby depressing effect upon the w ock The subsequently exerted « entire 1i Norfolk and W Iv on the had been a 1t the was d n s pe Atehi it stern sold off sharp- nent that negotia- - by the Pennsylvania oned. The fact that ne an extra dividend Lringing the stock up did not count. York Cent at virtu 1er pay itter reet saw i race Placing o 4 T per eent basis is ony same ared cent basis New Wl day the fo = 0 and 1 1y ed Lo sel the 1 thix matter of hort T, Tosmeco Insues Pushe . issues v cn word 4 been 1t dividend as r rate of 12 The izainst Tuesday’ Other Tobacco share: npathetically strong reactionary rest of the market pi uch in the and the upw the Tobaccos W Amcerican baced s d psis. 5 intlu- wWed ard Suse end tizu pub W preferr As against a new cbuck touched ) re- to the news mad that £X,600 15 1o b this other sponsc iy tire Break in American lee. American lee broke quite viole on revival of discussion as (o t et of the Summer and in- creasing competition upon company’s carnings. Congoleum had a sinkins sll, Davison Chemical was offere wii American Bosch Magnet s egtreme i of the last d have 1 Wall strect ations for the last two years stocks were weak again, par- ticularly Punta Alegre, the dividend which, after recent developuients, longer regarded as sa Iron Aze m: ion on this aspeet of the ituation. when it says, “For the fourth quarter United States Steel Corporation will have a price average several o ton below that of the Septen arter.” cool and ti Ear dizappoin is The vatri 4 significant ber q « News Ignored. the railway yointin day e a dis- of the market ¢ urities ma; pwing in view weekly tonnage they did much the wis another striking in- Wall Street was ignor- It may quite well results of this sur- passing traflic movement are placed before the public in conerete form in e shape of enormous earnings the ailway market will be more re- sponsive previous ki1 Here ws where st that when th MARKET CLOSES UNEVEN. Prices Remain Very Irregular Last-Hour Deals. Assiated Press NEW YORK. October and filling moveme day's quict stock the steels, foods offset by strength dividend- vails and merchandising issues. pproximated 580,000 share. . closing was irregular. Mixed movements continued through the trading. which was featured by a Jump of ts in Omaha preferred to & mew 1921 high at 863 and a break 3 poiuts in Porto Rican Sugar to'a new low 3 in Backing t characterized arket. Heavine and public util to- s of fex ng Sales price South at AMERICAN TOBACCO DIVIDEND INCREASED Yearly Rate Raised From $12 to $14 Per Share at Meet- ing Today. Associated ¥ NEW YORK. the Americ day declared of 312 per ce common =oc per cent ba vious rate of October Tobac a quarter] t on both placing them on a aganst the 12 per cent A proposal to reduce the par of both the common stock and e B from $100 to $50 will e submitted to stockholders at cting Novem- ber 6, whic increase the au- thorized common to 1,000,000 shares and the B stock to 2,000,000 shares. This will make the dividends on the new stock ST a share. equivalent to §14 a share on the old stock. The $12 rate has been maintained a stock dividend of 75 per cent was paid in August, 1920. Directors Comp, dividend classes of 14 pre- value STOCKS EX-DIVIDEND. Ation, Tapela & S e Par share, $1.25 Cencal America pfd. Mexican Seaboard Ol (¢ National Bixeuit Co..... Norfolk & Western T Speedometcr Trod Water Works Ist pfd.. do part pfd....... Burns Brox., clas: do class Gnif, Mobile R Co. pfd. Tutertype Cor Melntyre Ltd. . 1 Miami ¢ i~ Pennsylv 1 Piitxburgh Railway Co. P T DIVIDENDS RESUMED. NEW YORK, October 29.—Dividends on the preferred stock of the Inter- state Iron and Steel Company were sumed today when directors de- red a quarterly disbursement of per cent. puyable December 1 to stock of reeord November The idend was @ Railroad Co. N & West Virgin prd. 1.50 T I'NEW YORK STOCK EXCHANGE i Received Private Wire Direct to The Star Office ' HE EVEN SEABOARD BONDS I v. ON NEW YORK BONDS STOCK EXCHANGEI | Received by Private Wire Direct to The Star Office. comonsorore W R &E TOENGARE Open. 86 R0% 1ALl Am Cab (6).. 107 Alllea Chea 4y 2% Allie-Chalm (4). 68 i Am Agricul Chm 113 Adams Exp (6). Am e Chraof.. da AmBNpf(3)... % A Hoscn. ., 25t Am Can (16). . | 4m Chutn A (230 Am Chicle pf. Anibrue synd.. 6% Am Express (6). 113 | AM & P 25T, 114% | Am Hide & Lipe.” 6in | Am tce (7). 7t | Am Iec pr () 76 {Am Internati. .. 284, AMLaFFE (1), 10% Am Linseed..... 184 1Am Locome 8y 7it [AmMetal (3)... 4diy AmSaf R 500y, a0 Am Ship & Com. 1014 PAMSm & ke (5). 797 [AmsS& Rt (7). 1050 {Am Snuff (12)... 14 4 | Am Stl dys (3) . o7 | Am Sugar.. ... uih | Am Bugar of (1), §1 L Am Sumat Tob.. PAM T & Tl (w). Am Tobae (17) Am Tek B %) Am Tobpf ¢y, | Am Water w | AW W W opt o) | Am Woolen. | Am Wool prd (1) Anaconda ... . Arm of bel <7y | Arncons & Ca s Drv 6 (51 {As DG 20 pr ¢ Asxo Of) 113y VTS e (6 AT &S pf(5) A0 Coast L (1) \tGulf & WL Atlantic Refia. . \ustin-Nichols. | 106°% 92 1t 157 sata 234 1s <116 61 59 a1 15 b4 st Bald Loc pf A& Ol 155 Sal & Oh pr (4) Arpt (D) Al A t (240 fethlenem Stewl. Brit mp Steel. Tran rown Shoe (4) urns br Burroughs (1) 1057 66 91 9% 3% 149% Cal Packing (§) i Pe (%) ... w1 Pet pf (7). wilahan % Lead Can Pacine “erra de ¥ Certain-Td Prod Chand Mot (3). Ches & Ohin (4) Ch & O pf (5 Chicazo & Altoa Chic & Alton pf. 12 Chic & Bast [il.. 81% Chi& EIpf 44 Thic Gt West pf. 22 ChMil & St Paui 12% Ch Mil & St P pf 2l Chi & Nwn (4).. 604 Chi B 1 & Pac 2R CRIT& T of (6 kL] C StPM&O pf ) 834 i Yeilow C (4) 4214 1le Jop (2 2% Coca-Cola (7) Colo Fuel & Iron Colo Southern. .. Col So Ist pf (4). Col Carbou (4).. Col G & E (2.60). | Com Solv A (4).. Com Solv B. | Congoleum (3) | Consol Cigar. | Consol Gas (51.., Comscl Textlie | Cont Can (4 | Cont Mot (80 | Corn Prod (2) 38 317 Cosden Co. . Cosden pf (7)... Crucible Sti (4). Crucib Stlpf (7). Cub Am Suz () Cu Am Su pr ( Cuban Cape Sug Cub Cane Su pi | Cub Dom Sugar. Cuyvamel Fr (4). | Daniel Boone. .. | Davidson Chem. Del L& W (6).. | Det £d Co (8)... Eastman (173).. | ¥l Stor Cat (41 John (5) Endicott pf (7). | e TRk | Erie 18z pt | Famous P1(8).. | 1Fed Min Sm. . ... AN &S LG | Fisk Rubber. Fieischman (13 | Foundztion (6). | Gen Asphalt. / Gen Asph pf (5). | General Elect>) 250% | Gen Elspe (60¢) 107 Gen Motors. ... BT Gen Mot pf (6).. 83% Gen Mot pf (7).. 99% | Gen Petm (). 421 Gen Refrac (2).. 37 Gimbel Bros.... 57 Gimbel Brpf (7) 102% | Glidden Co...... 11% Gold Dust. .. 374% Goodrien. . 4 | G'ayear pr ot (3) Granby Consol.. Gray & Davis. .. | Gt North pt (5). | Gr Nor Ore (3). . | Grt Wstn Su (8). | Gue sust 8y ‘ Hartman Co (1) | Haves Wh'l (3 | Helme Geo H. . .. | Househ'd Pr (). | Houston il Flud & Manhat. . | Hud Mot C (31.. | Hupp Mot C (1. | iydraulic Steel. | Niinois Ceat (7). 111 Cent pf (§) | Ingersoll 1t ($) . ! indep O (1) ... ndlan Motorcye ). | 1nland St1 (2 | interb Rup T | Int Bus Ma (8).. | Int Cement (4. | tnt Com Eng () Int Mer Marine.. | Int Mer Mar pt.. | Internat Nickel. Internat Paper.. c | Iat Ry Cent Am. Int Shoe pf (8).. | Int T& T (6). | Invincible Ofi. Jones Bros Tea. | Jones & Lau (1) Jordan Mot (3). Kansas & Gulf.. | Kan City South. | Kan CSopt (4). Kayser Jul & Co. | Kelly Spr Tire. | Kelly Spgfd pf. . | Kelly Spg 1st pf. | Kenne Cop (3).. Reystone T & R. | Lehigh Vai (3%) | Lig & Myrs B (3) ,Loews Inc (2).. | Loft Incorpor. Loose-Wiles Bis High. 85 RO% 107 124 58 1% Low. 86 80% 107 2% e s prey 105% ) ©0 Close. 36 30% 107 2% 671 1% #dh 53 244 100 231 85% 6% 13 114% Bl 64 105% 50 30 9 37 | | | [ Mkt St Ry pr pf. Mzrland Oil..... Marlin Rockwell Martin-Parry (4, Maxzwell Mot A. . Maxwell Mot B.. Mex Seabd (2) Mianu Cop (2) Miadle Stoll. .. Midvale Steel. Midld Pr pf (8).. Minn & St Louls. M SIPRSSM (4). M STP&SSM pf 4. Mis Kan & Tex Mis K & Tex pf. Missouri Pacific. Miszouri Pac pf. Montgom Ward. Vnan Mot «3) *Morris & I Mori et s i Munstngw'r (3). Nash Mot (}10). Nat Biscuit ( t Dairy (3). Nat Dept St Nat En & St Nat Lead (8) ... Nat Ry M 2d pt.. Nev Cons Cop. N Or T&M #2315 . N Y Air Br (). NYADra (49 N 'Y Central (7). C & SIL (6). L pt (6). NY NH & Hart.. X ¥ Ont & West N Y Stea pf (7 Niagar K pf 1 Norf & W (181, . North Am (2.40) North Am pf (3) North irac (5). Orpheum (1%4) .. Otis Steel..... rwens Bot (3) vacifie Coast G & 15 (8. “acifie O €2). ard ¢ e Packard pf (7).. Pan-Amer (4) .. Pan-Amer B (4) Park & Tilford. . Penn C & C (4).. Penn Railed (3) Penn Seab Steel. Pere Marq (4)... Pere M pr pf (5). Philag R& 1L Phuilip Morris. .. Plallips Pet (2). Pierce-Arrow. .. Picrce-Arrow pt » Pitt Ft W, Prerce Pe | Pitts & West va Pitts & WVa rts, P& W Va pf (6). Postum Cer (4). | Press Steel Car. Prod & Refiners. Pub Ser NJ (4). Public Serv rts. . Pullman Co (8). Punta Al Su (). Pure 01l (1%).. Radio Corp of A. Kay Chas Cop. Reading (4) Reading res. .. | Read 2d pt (2). Remington Type Replogle Steel Hep Ir & Steel... Rey TobB (3)... Roy Dth (4.4234) St Joseph Ld (2) St L San Fran... St L San F pf (6) St L Southwest.. 5t LS'thpt (5).. Schuite (3)... chulte pf (8)... Seavcard Air L. Seab'd AIr Lpt.. sears-Roebk (6) sears-Roe pf (7) Seneca Copper. . Shattuck-Ariz. . Sheis UnOUL (1) Shell Un pf (6).. Siminons Co (1) Simms Pet. Sinclair OIL. Skelly Ol1... Sloss-Sheff (6) So P Rico Su (6). south Fac (6). Southern Ry (8) South Ry pf (8). Stand Mill pf (6) | Std Gas & KL (3 StOilCal (2)... StOIINJ (1)... StOil NJpr (D). Stand P1GL (8).. Siew't Warn (6). Studebaker (4). Submarine Boat. Superior Oll. Sweets Co of Am Texas & Pacific. & 0. Timhen (13%) 1ub Prod (8).. Tob £'rod A (7) Transcout Ol Underwood (3). Un Pacific (10) Un Pac pt (4) Un Tank €ar (5 | Utd Alloy Steel.. Utd Cigar (3%). United Drug (8) Ctd Dyewood Lud Ry Invest. Cud Ry lovest pf U s Castlron P. U s nstrib g < U * = ind Asuaoi. & lm (8).. R&IDL(D.. 5 iubber. U 1stpt (3). C 5 Smelting. U SSteel (16%). U S Steel ot (7) Universal Pip Univer P pf (7) Utah Copper (4). Utan Securtties. vanadium Corp. G 5s U Van Raalte..... Va-Caro Capt.. Va Ry & Power. Vivadou.. Wabash. Wabash pfA.. Wald Sys (1%) Web & Hellb(1). | West Pen (4)... i West Pen pt (7). Wst Pn Pow pi 7 West Marylaad. West Md 2d pt. . Wastern Pacific. ! West Pac pf (6). Wert Alr Br (6). West IS &M (4). 19% | Whi& L Erie... 13 % 117% 81k 13! 17 104 46% ' Wheel & LE pf. | Wh Eag Oil (2). !"White Mot (4). Wil & Co pf. Willys-Over! Willys-Ovd pf. woolw’'th a (8) $4% ' worthing P'mp. 1| Wb P DA (D). 245 | Wrig W Jr (.. 434 65% | Yellow Cab (6).. 2 {Partly extra, Hoffman (2). Open. High. 43 35 9 324 651y 214 24 101 sl 50 69% 425 261y 61 17% 1291y 44 ey 26% 12% 6lig 19 84% 42 1 43 75 4l 954 82 15 17 20% 63% 6 117% 164 53% 394 114% 30% 23% 718 92 101% 3; B6Y 337 107% 122% 17% 53 81 314 24% _ 19 4 62% 1024 10% 13 223 720 4% 127 231 26t 65'3 17 8% 664 108% 4l 8L 29% {Payable in 16% | Dividend rates ‘as given 62 43% 1% 64 627 17% 6 [ 5314 | are the annual cash payments Low. 3% Ban 9 8214 681% 20% x4 21% Close. v 344 9 3214 69 20% 24% 21% 15 25% 93 2 221y 56% 157 a 20% 574 39 19 8% ™ 1404 1au's FUIE 57 87 6% | €3 109% 110% 174 30% 115% 125t 11s © 6% 18% 5% 324 15% 16% 20% 684 60% vdly 65% 77 79 874 8% 264 117 14% 16 b3% 63% 8% 9 117 2% 404 9% 46 815 86 65t 405 8% &' 36 654 yeu 4 4 % 8T% _137's_137% T T4% T TN 120% 120% 20 L0 63% b4 965 98% 26 26 19 19 a4 45% 114% 114% 30% 30% 23% 23% 23% % 0 1 92 92 101% 101% 824 32% BOl ¥6Y% 3% 88% 1074 107% 122 122% 17% 18% 58 b8 80% 80% a1 31 24 24 19 20% 4 4 62% 62% 9% 15% 156% 4% 4au 16% 16% 4% 14% 80 80 93 93 102% 102% 16% 15 82 95 102% 10% 18 24% 724 944 6215 12ia 23% 261 66%% 17 8% 67 108% ay Bl 4384 40 18 18 3 40% ap 81 81 43% 43% a8% 39 L preferred atock. based the Iatest quarterly or half-yearly declarations. Unless _otherwise voted, extra o special | dividends are not included. ‘WOOL PRICES STRONGER. BOSTON, Low and October 29 i medium wool suitable for 67% | woolens featured today (Special).— light pre- vz | 9% 10% | 24% | FOREIGN. les. High. 934 102% 9445 99% 1004 o7 109% 107% 11% 93 884 £3 95% 98% 101% 102% 10:5% 103% 98 103% 107% 105% 42% 110% 95% 96% 101 1wl 109% 100% 110% BYH 89" Y8 Yb's 102% #1 94 1004, 104% ¥3%a 924 &3 £2 Y17 X%, +8la Argentine 63°37... | Argentine Austria 7s... Bank of Japan 6s. . Belgium 6. . Belgium 6%swi. . Belglum 714 | Belgium gs. Berne 3; | Bollvia | Bordeaux 6s. | Brazil 7s.. ., ] | Brazil 1ys. 000 | Brazil 8s. - Canada 5s 1926 | Cunada bs 1931, FEATURE MARKET Price List Holds Firm—New Financing Put Off Until After Election. LORGE T. HUGH . teh to The Stur. EW YORK, October 29.—Trading in bonds was quict today, but prices | Canada bs 1952, were remarkably firm. There was |Canadu5is 1929, absolutely no6 pressure to sell. What | “hile 7s 1943, {small offerings did come upon the|Chile8s1926..., imarket were readily tuken at prevail- | Chile 8s 1941, ng levels, and with a little care for | Chilc 85 1946. . anything ' reasonably bigh grade, |Chinese Gov Ity 55 | sellers were able to obtain the topChristiania 8s price. Dealers were optimistic as to, Copennagen § i the fl—x!ure of the investment market E‘:ubk‘%...,‘ { wha®ver might happen to speculative | Czecho s 1951, .+ | securities, A large number of pieces | “zecho 85 1952 ct.. .. of new financing are being held back | Danish Munic 8s B, until after the election but from the | Deniaark 8 : i nt outlook, there will be no difli- | Denmark ss. . .. culty in placing anything attractively | DE 5% Mch '35, priced. DEI54%s Nov Seaboard Ixsues Leaders. [ dten tust | b In today’s market, speculative bonds | /Uteo Lust 1 636 attracted the most attent The | Bl $alvador s "48. feature among the ralls was Sea- | Ffmlund s f 68 1945, hoard Air Line adjustments above 65 | Eramerican 7% and at a new & Other Sea- | DESHCHGOVE Sigs... board Londs wer FtcnemGose s rately higher. | © L e There was still active trading in | Germany T8 wi.. 60 Halti 6s. ... the st Le 1 Franciseo issues, but herm the advance was halted for = the time belng at least. In the St.|shmasecy sb® Paul group., the long-term refunding | Japunese 6% 415 were higher and Chic Terre | Jergens U AL 6847, 21 | Haute ana South tern gained |t cons@s. ......... i1 A half point. The last named is NOW | Warsetlls 68, | .. [ ot a St al Lond | Mexico 45 04 Among the local tractions Manhat- | ye i€ (8,70 95 | Elevated first {5 and second 4x|geied 19 08 were both bought at advancing prices. | * | Hudson aud Manhattan incomes were | up fractionally. In the sugar group {there was further weakness in | Norway §s 1943 | American Sugar 6x, - which made a|Norway 6s 1944 inew low on this movement. There(Norway 6s 1952 | was some selling of the bonds of the | Norway 8s.. . | sugar producing companies, but the {1osses were unimportant. Wickwire { Spencer Steel 7s loxt ground among I the ste Pierce sponding ESScvx~ S —eanZiaads o 1 10 67 28 Netheriands 6 Netherlands fe Paris-Ly's-Me Par® Orleans 7 Prague 7%s . | Quecnsiand 6. i Queensland | Rio de Jau 8s 1246 o Paulo City 8s . | a0 Paunlo State Ss. | Seine Dept. of 7. Serbs Crotes Sic 8s | Soissous 6s butlSweden 6 Ul 8- | Swiss Confed 83 Ud Kingm Blgx Arrow to 85 were strong, re’ favorable earnings | statement ong investment in- | dustrials American Smelting and Re- | fining 35 were again in demand Liberty Loanx Active. United States Government loans and | tirst mortgage raiis were steady, | inactive. ~Union Paciric 5s ran | fractionally and in industrials |diana Stecl os did the sume. Steadiness characterized the for: | L = [ eign group also. The most important | Lo 108 $%s 47 | mew foreign financing is still the ex- |, W0 0 3 ! pected French loan. The best opin- s ion s that the new Londs will have to be offered on a Der cent basis. Today's new | included §: 3 e3% | 975,000 American Refrigerator Tras-| {1 QeI RS 020 ot | sit 515 per cent cquipments due seri-| 4, Cotton Ol bs. . 204 | to yleld from 4.50 to 5.45 DF|Am Repubdebs.. 12 915 [ Am SmIt&R 18t 33. 30 €6« Am Smiz & T 105' | Am Sug ref 68 cais AmT& Tecltrds wity | Am T&Tcltrds... 5 101t |Am T & Tdeb5ts 146 1051 | Am Water Wka Ss. Am Writ Paper 6s 'CHRISTMAS TOYS ARE RUSHED TO AMERIC 120,005 Cases Recently Received in ' armour & Co 4les i igi . f Del b8 Baltimore Originated in Armour of De | Associated Oil 6s.. . , Atlantic Refin s German Factories. 1047, MISCELLANEOUS. ot Am AgrChem bx.. 2 99 1017 98+ Barnsdalls f 8s 103 Bell Tel Pa 5» Beth Steel pm § Beth Steel rf 5s.... Beth Steel 5153 Special Dispateh to The Star BALTIMORE, October 29, tion of Christmas toys, which has been usually heavy, is mow at i Bethsteelsf6s. . peak and practically every European | Brier H St 1st5'2s. | general cargo ship is bringing fts BEIyD Edgenos. |consignment. From September 1 to BKIYD Edison 73 a 2 H s S 31dg s "60. date 20,005 es 07 Christmas toys i Bush T Bl have reached Baltimore, many of ; Calif Pete 63%s. ... Importa- o 13 is 3 1 1 them for local delivery and a large Central Leather5s proportion for interior movement. Chile Copper & Germany is the point of orizin for | Col Gas & El bs most of them and shipment to Balti- | Col Gas & El 5s more is mad= from Bremen, Ham- Commonwth P Gs.. burg, Antwerp and Rotterdamn Con Coal Md 1st 58 e Consumers Pow £s Cuba Cane cv 78°30 8 | INDIA PLANTS MOST Cuba Cane cvd §3. 12 | LDenver Gasbs..... 9 | COTTON IN 32 YEARS 5yt § | Prospect of the largest cotton area | DSFontAG NI B 3 in India in 32 years i indicated In | pPUtcoba Sug T%s. 11 Ia_cable dispatch just received by the | ot S0GSRF VR 0y ‘nited States Department of Agri- | opipe (EL ¢ B3 B0 culture from the Indian department | o C8CET0 0 {of statistics. The area reported as | ETancls Sy fo2* {planted up to October 1 is 21,755,000 | SN Elecdeb res. which indicates that on tne 300dTiCh =2 ngred Gondvear 83 1931 asis of the average proportion of | O S5 1941 |the area planted by that date i the | SO00Ve4TEs 00 {past 12 years a total acrcage or Hershes 8 iyt 126,247,000 ‘acres might be cxpected. | Humble O& I 553 The cotton crop in some parts of 1linois Bell 1st bs. | Turkestan has been seriously dam- Lilinois Steel 4%2s.. aged by frosts in_October, according ' ndiana Steel 53. to a cablegram from the Interna- | int Mer Marine 65. tional Institute of Agriculture at | Inter Papers8'47.. | Rome. The condition of the crop in K C P & Lt 83 A 52 ithe Sudan in September was report- | Kan G & El 68°32.. |ed as good. | Keyser (3) 7s. .. 1 Lorchs | Lackawa S 6s ‘50 | Liggett & Myrs 5a. [ HAY MARKET LOWER. | Likgeusatrso. . | florillard (P) Bs. | Coriliard (P) 78... Finds | Magma Cop v ¢ | Mavati Sug ST 7% Marland Oil 7%8. . Marland Ol 85 '31. Aexican Petrol S5 Midvale Steel 5s et | Montana Power 5. | Mor's&Co 15t 4138, N Y Eden 1st 6% INY Tel4%s. .. | Agriculture Department { Poor Grades Hard to Move. | The hay market averaged practical- 1y unchanged during the week Octo- ber 20-25, according to the weekly hay market review of the United States { Department of Agriculture. Only a small { percentage of the arrivals was high- & |grade hay and this quality sold readily, |\ y Tei 68 41...... {but the offerings of medium and low |\ v el 68°49- . | grades were in excess of the demand |\l " y‘Am Ed 68 | and were hard to move even at sub- 4;-" th Am Ed 6% { stantial reductions. | NoF Ohlo T&L 68. | Receipts at 12 principal markets, | {08 States Pow 3. | July 1-October 15, were slightly heav- é‘\»°, States Pow 6s. fer than for the same.period last year. | NOLy wat B Tel 7 Timothy prices continue below last | 0ot gloel 8s. ... year's level, about midway between | & Elss 11923 and 1822 levels. Alfalfa prices | Pacific GaS &0 at the principal markets average | PacT & T 15058 about 50 cents higher than this time | Pacific T & 7000 last year, and about $2 higher than |Phila CoB¥s S0 in 1922, while prairie prices are lower | Phila Coref o8 2.« than either the 1923 or 1922 level. | Phil& RAE - Plerce-Arrow 8a... e e erce Oil deb 8s... STILL AFTER SHIP AWARD. |producers & R 8s. | PHILADELPHIA, October 29 :Spe-‘fi““‘fl;’cf,':‘.,:' = |eia).—The Crampshipyard has not | Pun! 4 yet given up hope of securing the Saks&Cosfis... {contract for the $7.000,000 Matson Sinclair Oil 6% |liner to be built by the American |SinclairOll 78 | Hawaiian Company and turned over |Sin Crude Oil to the Matson Company. The Amer- ! Sin Crude Oil ican-Hawaiian Company is financially Sin Pipe Line G8... interested in the Cramp Company ;South Bell Tel5: through a subsidiary. AR e, s HOUSTON OIL'S NET. NEW YORK, October 29.—Net earn- ings of the Houston Oil Co. of the quar- & ter ended September 30 were $377.287 |njon EL&P X 3s. before depreciation and _depletion, |y § Rub 1st It 3 agalnst $783,114 in the preceding quar- | § Rubber 1% ter. Net income for the nine months |y §Smelter 65..-. of 1924 was $1,744,398. Iusn‘let‘l(fil Utah Pow & Lt 6s.. | va-Car Ciem 78. YEAR’S EARNINGS GAIN. |yaCarChi%ss NEW YORK, October 29.—American Vertientes Su‘;‘,' Power and Light reporis balance of | Warner Sug 78733, $13,876,517 for the year endyd August 31 after taxes, but before interest and coRBesEe Banruae - 8o 103% 108% Broann mmoson 9414 $9% 93 944 | | Southwest Bell 5 i | 39 Est Oricat 75, 1 | Tena Elec Pow 65. i Tide Wat Oil 6%s. Toledo Edr 15t 78.. 5 104 101% 1047 923 €0 29 92 81% 91 89 10% rner Sug 78 '41. | Western Eiec ba. West'n Union 6% 3% | Law. Close 93% 02% 94% 99% 00% 8634 109% 107% 1% 924% 87% 1140 110% 1054 104 1z 1055 101 10, 1015, Yv'e 103 100t n¥ly o5k 87 1034 1082 91% 944 9915 2% 94% 1027, < 1094 | UNITED STATES BONDS. (Bales are in $1.000.) Low. 1013 102 3% | 102% 94l | 99% 100% 96% 109% 107% 1% lose. 1014 is. 102 Lib1st4ys. .. Lib2d 4%s. Lib3d 4%s. 284 102-12 102-8 Lib 4th 4% 518 102.22 102-: US4%s1952. 307 106-29 106~ RAILROADS. Sales. High. 83% 90% 91K 99% 7% 89% 867 8 106229 Atchlson adj 4s. Atchison gen 4 Atlantic C L 1st 4s. B&Oprin3ys. B & O gold 4i B&Ocv 41 B&Orefbs....... Balto & O 1st 65 ct. 100 B&OS6s..... 102% B&Orfimp 6s, i B & O SW div 3%s. B & O Toledo 4s. Bklyn-Manhat BUff R & Pitt 4%s. 1n™% 1n7 9% 100 105 99% 102% £7% | 2% Canad North 6 Canada North 7a Canad Pac deb 48 Car Clinch & O & Car Clinch & O & Cent of Ga 6%, CentofGaés.... Central Pacific 4: Ches & Ocv 4. . Ches & O gn 434s. Ches & Ohio cv bi Chi & Alton 33, Chi B&Q 1at rf 6 CB&Q-TIldiv4s.. ©hi & E 11l gn 5 4§ Thi Great West ds. ChiM & St P 4s°28 Chi M&St P 4334, CM&StPdbds.. ! | Chi M&St P ov 4348 CM &St P gn 414a. [Chi M&St P rf 4158 |ChiM & St P ev bs. ThiM & C&N W gen 4s £0 | Chi& N W raf sa. : 99% [Chi& Nweys.. ., | 100% | chi & N W 78, ;,?{;}‘7“‘ Rys 5s. o] B s | 15% &% | 9% | v2 - kprE—= SR8 amalnamn~rtEolaala 95% 103% 1004 CCC & StLGs... 4| ccCca StLrteaA. 924 Cleve Term 6s... £9% | Coio & Sou 4348, 108% | ~uba R R bs. .. 199 |cuba R R 715 8 | Del & Hudson 5% 95" | nan & Rio G en 48. 100% [ D & Rio G imp bs.. D& RGistrtbs | DesM & Ft D 4 Det United 4%s. Erfe Ist con Fric gen 4s. | Eriecony 4s A rie conv 4s B. . rie conv 4s D. . irie & Jersey 68 enessee R 63 r Trunk =f dh & rand Trunk e ireat North bs. . Gr North gen 5% Gr North xen 78 Havana ERL&P Hud & Man ref 5s.. Hud & Man aj 5s Il Centref 5s°55.. 11} Central 5%w. fnt Rap Tran 5s... Int Rap Tr b= stpd. Int Rap Tran 68 Int & G Nor 1st & Int & (3 Nora) fs.. Towa Cent 1t ds fowa Cent 18t 53 Kan City Ft S 4s Kansas City S 3e. | Kansas City Ss.. Kan City Term 4 103 l.ake Shore 4s "28.. 100% | Lake Shore 45 31L. 8!y | Louts & N unl 4: 5% Louis & N 6s B.. 'S Manbat Ry cn 48, L6 Market St Ry 7 961 | Wil Bl Ry & L6 100% | 3 StP & SSM cn 5s. 15 107% | 1 SLP & SSM 6% 18 95% |M K & T Ist 4s.... 22 1004 MK &T4sB 6 00t | M K & T ad) 6 105 '\l K& TprinSsA. 101 |MK&TSsC.. 100% | Mo Pacific #n 4i »7% | Mo Pacific 5s £7% | Mo Pacific 63.. £0% | Montrl Tm 1st 5 | Nassau E Ry 43 | NewOr Termds... 1 [NOTex&M Inss. 10 NOTex & M5sB.. I} ¥ Cent gen 3%s. 5 Y Cent cn 4s°98.. =2 N Y Cent deb 4 INY Cent ribi [ N YCent deb 61 INYC&StLdbds. Y Chi & SL6%s. New Haven d 4357 New Haven 7s.. NY Ry N Y Rysadjdsct.. N Y State Ry 4 Y W & Bos 44 orfolk & W cv 63. 6 Northern Pac 3 orthern Pac & | Northern Pac 68 D | Northern Pacri€s | Ore & Calif 1st bs.. Ore Short L ref ¢s. | Ore Sht L cn 58 *46. | Ore-Wash 1st rt 4s Pennsyl con 4%s.. Pennsyl gen 61 Pennsyl 6%8. . Pennsyl gold 78 Pere Marg 1stbs... PCC&StLESA.. | Reacing gn 4% | Rio G West 1st 4 12 3 100% | 1% K1k | 034 | a5 41 ooy 0% 68l 65 % 653 103 99% 1075 1153 o4 » w74 xmk] 994 1144 110 1051 10¢ B e 109 86 €5 ‘5 €578 101% 62 18 9314 103 24 o *Bk 5% 1014, TRl Tiw 644 <6 101%) 41 13 =N s26 3 4 L - sl4 o1 90% 84ty uau 87K E3 i ot~ naE eSS ——an L. IM&S R&G 4s. &SFplisA.. SFprinés. 7 SF6%sD.. S F adj 61 & S F inc 61 SIL&SFpl6sC.. St LS W 1st 4 St .S W con 48 °33. 1034% | St P Un Dep 6%s. . 108% | San A & ATn P 4s.. % *6 931 L L L L L 86 100% 80 72'% BT, 654 827 L7 Seab's 4% | ceabd A Lads bs.. 127 923, | Seab'd A Licon 6s.. 44 Sar [ Sou Pacific4s'28.. 2 | Sou Pacific ref 4s.. 5 | Southern Rv gn 4s ern Ry 18t 63 Southern Ry 68 ct. Y04 | Southern Ry 6% 105 | Sou Ry Mobile 4s.. | Term Asso St L 4s. 106% | Toxas & Pac 1st 63, 84% | Third Ave ref 4 8 b | Third Ave adj 100k | ypion Pac 1et 43 100% | ynjon Pac 1st rf 63 84% | Union Pac 48'21.... Y8% | Union Pacific cv 10i% | virginia Ry st 68 . 92t 1015 90% 72 | Wostern Pacific bs. 103% | Wheel & L E cn 43, 1098 | | WALL STREET NOTES. 104 | NEW YORK, October 20.—The Flori- 101% | da Western and Northern Railroad, 104% | new short line of the Seaboard Air 921 | Line Rallway, will open for passenger €0 |and freight traffic on January 1. 1925, 2y |S. Davies Warfield, president, has an- 92 | nounced. §1 | Samuel Mundhelm of New York and 91 | Pittsburgh has been elected chalrman 8% | of the American Safety Razor Corpo- 1101 | ration. ; ~16 102-16 102-16 164 101-21 101-20 101-21 | 10211 0 10221 | i1y weather report. I that in | 6% | | 1100, 6.00a7.00; pars 90% 100% | | Beneficial Frosts Prevent Any ! Marked Gains in Day's Trading. ¥ the Associated Press. | NEW YORK, October 29 ton market opened steady toda 4 decline of 2 to 10 points, with active months soon showing net losses of 22 to 25 points under realizing or sell- ing for a reaction which was encour- aged by easy Liverpool cables and a favorable interpretation of the weck- The latter stated many places frosts had been more beneficial than harmful to the crop and that the weather had been favorable for picking. After selling off to for Jan- uary, however, the market steadied on a renewal of trade buying or cov- ering and ruled within & or 9 points of yesterday's closing at the end of the first hour. New Orleans Quotations. NEW ORLEANS, October cotton market opened steady despite a lower Liverpool than due. As the weekly Government weather and cro; report claimed that the crop had not been aged Ly the glneral heavy to killing frost in the northern por- tion of the belt, tha market cased off right after the call until December traded down to 23.23, January to 23.20 and March o 23.43, or 17 to 20 points lower compared with yesterday's close. The market soon raliied, howe'&r, on g0od support, prices recovering to within 4 to 5 points on opening figures, 23.28 GRAIN AND PROVISIONS. BALTIMORE, October 28 (Special) 100 pounds, 50a sweel potatoes, barrel, 3.00a 1.75: beet and le, prouts, quart, 109, 2.0045.00; carrots celery, erate, 1 | 40: caulifiower, bea bushel, : 5041.50; onic ovster ps, basket, 50a i peppers 41.00; spinach 4 4 sing stock, bushel ze, hushel, 60aTi; 10:015.01 turnips, basket, 35at 2, 00; bushel grape- basket, nees. 1.50a barrel rel, 1.5 beans, 1 4.0025.00: broceoli brussels 100, bushel 15a25: 100, 3.00a5.00; |corn, dozen. 1.5022.50; lima 0; lettuce 100 pounds, 00a barrel j fruit, box. bush. |15 i bushel 6.00. oranzes, box, Selling Prices at Noon. Wheat—No, 2 red Winter. Winter. Winter, a red garl garl lots of nearl ob., new vellow, track corn, yello Salcs—Nor Oats— bushel: e spot, 1.25. iy receipts. I mand for nuy | fine | grades of | mixed. M. jin ample {rezular disco | Quota {varrel 58 per The and the de- con- better light clover -zrade hay sale at ir s moderate Imos irely to and d o today —No. 2 hy No. 3 timothy, 17.00a18.00 clover, mpxed. 18 2.00 clover, mixed. 17.50a18.00: No. xed, 15.00516.00, No. 1 wheat, new 1, 13.00a14.00 : No. | CHICAGO GRAIN PRICES. | CHICAGO, |commission house selling. with lack of sustained deman turned the wheat market downward ce today during the early trans- ons. Lower quotations at Liver- tended als to weaken nes On t decli; however, orders to buy a rallies ensued varied fror &« cent lowe: to 142 a 5. was followed | changes between yesterda land 1% cents below. | Corn and oats were { sympathy with wheat. {1r anged to half cent | December 1.03% to 1.04, the | market scored fractional gain [ then underwent losses all aroun Oats at a shade to 33 cent jorr, 1974 9% cents ittle and then sagged !lower thau fore ! I'rovisions were October 28.-—Moderats toge pocl here stan ered, jing. wer The open unchan h Dec, 1.47 to numerous finish wh w easy ow After to down corn bu rd de s irregular, 1 whereas il WHEAT December Close 14810 | Mas Loy, July 1334 CORN- | December May . 07 t 15.20 1485 3 1410 380 — NEW YORK DAIRY PRICES. N receipts, creamery higher than extras, 40l:adl; cream- |ery, extra (92 score), 40; do. firsts | (88 to 91 score), 3312239, | Eggs. firm; receipts, 14,612 | fresh gathercd, extra first Cheese, irregular; receipt 51a5. 18 MOON MOTOR EARNINGS. | NEW YORK, October 29.—The Moon | Motor Car Company. carned net | come Dbefore taxes of $624,277 in the first nine months of 1924, against $832,107 in the seme period of 1 | Stewart McDonald, president, stated | that the company operated this year { without having recourse to bank loans and did not contemplate reduc- ing. FOREIGN EXCHANGE. (Quotations furnisued by W. B. Hibbs & Co.) Nominal Selling checks gold value. today. $4.5065 $4.50% 193 241, London, RBerlio, Rome. Zurich, Athens, | Madr Vienna! Budapest, cro Prague, crown Warsaw, zloty. nhagen, crown Christiania, crown Stockholm,’ crown. .. Py the Associated Press. NEW YORK, October 29.—Foreign ex- changes steady. Quotations in United States dollars: Great Britain, demand, 4.503; ; cables, 4.50% ; 60-day bills on banks, 4.47%. France, demand, .0524; | cables, .05241.. Italy, demand, .0432% ; cables, .0432%. Belgian, demand, .0480%: ; cables, .0481. Germany, de- mand, per trillion, .23%; Holland, de- mand, .3927; Norway, demand, .1430; iruw i { this morning, plants. | tomztoes, | her | open- | W YORK., October 29.—Butter| cases; | in- | tion in dividends or any new flnanc- | - INNEW FINANCING 'Bonds Mature Soori—Leccal Stocks Strong—Better Railroad Reports. BY CHAS. P. SHAEFFER. ‘unding operations least $2,600,000 will be the Waslington Railway and Electric Compauny in the ar future to mee maturing indebtedness, William F Ham, president of the utility nounced th orning. The company will b redeem $1.850,000 o Railroad first s ma ary, and $750,000 of Power debenture month earlicr. The former will be met by new issuc of Washingte | Railway and_Electrie Company aggregating $1,850.000, provided th Public Utilities Commission gives i authorization, while application wil also be made of the commission be fore the first of the year for nev issue of lighting bon to meet t maturing obligation and also to pr: vide for construction expenditure The terms of latter issue has nc | been arrived at t, and will b | governed by the money market a { date of flotatiol | “Both_issues involvea ia popular market locall e | selling at par and an eighth and t ue a quarter higher. Local Stocks Strong. Washington Stock with favorite is sues taking a slight upturn from ve was_true ¢ stock, which as to sales involving a carried out b called upon te Metropolita uring in Febru Potomac Electr 69 maturing have enjo: All aci the issues on | terda; his | Capital Tra | vanced frac | of 34 shares, and | which moved forward to Gas stock was pegged at { Riggs National B: strong at Gne share of National Capitol { sold at 225, and eight s trict National brought | Washington ! brought 2 Bonds were tirm though Capital Traction 5s seld at 9 at 971% and the 6s of the fuel at par and a half C. & O. Revenues Increase. ices. “tion 9215 on 300 pany 2ins in both and net oparating by the Chesapeake nber come ure re and Ohio for embe mont 79,392,720 of $3.538.614. Pennxy's Vet Income Larger. Septem! ¢ the Pen erating income road increas ber of last ve in conteast to a decreas %68 in operating revenue amounting to £35.66 The net of §3 month a de compared with t ¥ while the gross 1o $480,944.250, 698 for the ni of $4,576.5 riod ned Demands Draw o T de Tdie vars. mands for transport a still further r 11, the nber reported October Railway Association ! ually no ear shortage is being r vorted. 53 Roads Increase Earnings. operating income of 1 < one railroads (o report Sep: |earnings aggresated $55,856,000, 2 cre but 30 per cent over Sep tember, 1 \ carriers earne turns indl of 99.9:2 se of i d $66 Septembe 1 would b T any mion t transportation act in = SALES SHOW INCREAS: | _NEW YORK. be Chalmers Mar creased its net months [ fter preferred hare on_the {pared W share 1n i Sales billed for of 1 totaled 18,169,300 ponding Oct ufact profit in 112,165 d e $1.874.080 o nor the first period CANADIAN PACIFIC'S NET. NEW YORK Net oper ating income anadian Pacif advanced to %4 in Neptember. compared with $4.4 in September. 1922, The total for the nine months was $20,445,881, against $19,231.424 ago. LIVE POULTRY HIGHER. CHITAGO, October 29 i fowls, 16al turkeys, SHOBTvTEi{M SECUR{TIES (Quotations furnished Ly Liedmond & Co.) Poultry, alive. springs roost- | Aluminum Co. of Amer. 7 Aluminum - Xoaconda Copper 6510 Angio Amerivan 01l Assoel Hell 1 | Centra htral Leather . Ml & 8 ic { Chi | Columbia | Centinental Dy Pont Tiés 1931...0... Federal Suzar Kef 8 i Fisher Bods Corp. fs | Rods Corp. Gs 19 | Fisher Body Corp. 65 1928 sdvear . & R. S | Great Nortiiern 7a 155 It Qil Cor | Humble 0il Morris & Co ow York Central fis | regon Snort | Pannsyivania | Tidewater Ol Tnion Tank Car U. S. Rubber 7% Western Union 612 Westinghouse E. & M. Wheeling Stoel 63 19: 02 TREASURY CERTIFICATES. (Quotatlons furnisied by Redmond & Co.) Bid. O 101 152 1001 L 1000% 100 S0 tae . ss3raz L1011 23,3 December 13, 1924.. 4iis December 15, 192 45 March 4%s March 1907 101 532 100 182 101 21 102 1-16. 102 5.8 1101916 102 13-16 102 1 D 022532 10224 & B 458 March 15, 41s September 1. 4348 Mareh 15,1917 4145 December 15, 163 DAIRY PRODUCTS. BALTIMORE, October 29 (Special) —Livé poultry — Spring _chickens pound, 20a26; Leghorns, 20a24; o hens, 17a26; Leghorns, 17alS; old rooster: 873 | election trading in the Summer street 98 | markets. Fleece wools moved fairly well, €61 |and it was reported that Ohio de 954 | laines had been sold above the recent 96 62-cent selling.level. Most dealers 103 |are holding for 63 cents. Half-bloods P have sold as high as 60 cents and quarter-bloods 39 conts. South Amer- ican wools are scarce and the few ilots that have been moved went at advancing pri | Lorrillard (3)... | Louts & Nash (6) Mack Cos pf (4). Mack Trucks (6) 99 | Mack Trk 1stpd 96 Mack T 1st (7).. 103 Mallinson & Co.. 2% Man El Sup (4).. Man 21 md gd 4. lanhat-Shiit (3) depreciation, against $13,027,879 the year before. Gross of $33,701,164 was a gain of about $2,220,000. ARERREE NAPHTHA PRICES REDUCED. NEW YORK, October 29.—The Standard Oil Company of New York bas reduced the price of naphtha 2 cents a gallon to 13 cents through its *territory. " 108% 0% o 7 88% 28 50% 1083 | Gold valued at $5,250,000, consigned to the Federal Reserve Bank of New York, from the Netherlands Bank, Holland, arrived today NDON, October 29.—Bar 16 _per ounce. Money. cent. Discomat rates, short 31:a3% per cent; thrce-month 211-16a3% per cent. Westinghouse 7¢. Wickwire Spen 78 Willys-Ov 634838 Wilson & Co 1st ta. | Wiison & Co cv 63 Wilson&Cev 7%s. . 4 B4 5i% Youngsns& Teés. 8 96 957 seak Sl 1f you need work, read the columns of The Star. 1. 341 ilver, per Dills, bills, want 15a16; ducks, 17a25; pigeons pair, 30 guinea fowl, each, 40a7> young turkeys, pound, 35a42; old, 38a 10. Eggs—Recoipts, 2177 cases; native and nearby firsts, free cases, dozen quotations, 5 tutter — Cr. { pound, | ereamer. packed Swedén, demand, .2659; Denmark, de- mand, .1723: Switzerland, demand, .1924 ; Spain, demand, .1343 ; Greece, de- mand, .01743% ; Poland, demand, .19% ; Czechoslovakia, demand. .0298: Jugo- slavia, demand, .0145% : Austria, de- mand, .000014%;: Rumania, demand, .0056 : Argentina, demand. .3687; Bra: demand, .1155: Tokio, demand, .38 Montreal, 1.00. good to fancy, 9a41: nearby 30a32; store a23; process butter, 33adt.