Evening Star Newspaper, July 31, 1925, Page 16

16 # PRICES GO LOWER | FINANCIAL, THE EVENING STAR, WASHINGTON, D. (., SENSATIONAL RISE FRIDAY, FINANCIAL. 'TRADING IS WILD LOCAL CLEARINGS JULY 31, ON NEW YORK BONDS STOCK EXCHANGE l Received by Private Wire Direct to The Star Office. 1925. NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Open. High. Low. Close. | Yor vitas UNITED STATES. Sales. High. Low. Close IN LATE TRADING Motors, Steels, Oils, Rubbers and Utilities Under Pres- sure During Day. BY STUART P. WEST. 1a1 Dispatch to The Star YORK, July 31—In today's price changes were once more ertain. Some stocks went the same time that others while the main body comparatively ~sta- Bpec NEW marke down were g of the the rails stood out promi- Atlantic Coast Line made a and Louisville & bought .|l uri-Kansas- rtered new high s stock to St. Lov ind Southern Rail- way common frequently been noted, although in the 40s it is earning 86 a shar as compared with $10, which the other two were earning at « similar price. New High Marks Reached. Passing their previous high points of the year were Spicer Manufactur- ing. up nearly two points: Loew, Brown e, up over three points more: Gold Dust, Shattuck, Interna- tional Chrysler preferred, 3 m common and me 4 points achine, and ing 40 ground. The n Pacific preferred. bid up sharply. checked in Studebak: Rubber, both of nt or more ¢ 3 points nners nearly 4 points. had a further upturn and did American Can. St. Jo- seph Lead was up a point. United States Cast Iron Pipe broke sharply, then rallied violently The decline er and United Fleischmar and New Yorl General Bak Weakest in Afternoon. ed to point to the con + the market was in a con- re it was no longer recep. h0d new bher stocks gh the rubber somewhat better ent decline. The stock id not weaken until the aft- ernoon. Then heavy ling orde were poured out, not because of any- thing in the outside, but simply in uence of the discovery that r the rise conducted among individual longer attracting a general list had the le setback that it has nth recent It clu ditio tive broke market on th whe there no most co had in Coca Col has been d tion of ment Wall four-one strength due to the expecta- dividend disburse- capital split up. ing about a four- Earnings of the company have been unusually good, and its policy has been to retire a portion of its preferred from time to time The market was unsettled Jast hour. It was not weak, but the impulse toward higher prices had manifestly been checked. Call money renewed at 4 per cent, and in the aft- ernoon it required bids of 412 per cent to secure new loans. MARKET CLOSE ectly extra s well as eet is split in the HEAVY. NEW YORK, July 31 (#) ther downward revision of pric place in today’s stock market. were liquidated freely on nouncement of additional d cuts, and heavy selling also took place in the steels, oils, rubbers and public utilities. Builish demonstrations con- tinued, however, in a few specialties. Total sales approximated 1,500,000 shares, The closing was heav: ing support made its the late trading up of the ¢ cent. New more than above 48 and r noted in other A fur- took Motors the an- astic price Better buy appearance in the marking rate to 4% per York Canners was bid up points to a new high liying tendencies were sections of the list. NEW YORK— react on pr Western and Nor ts. Foreign exchanges Danish kroner react 60 poin ton lower; improved crop reports. Su gar easier: commission house selling. : higher; firmer Brazilian mar- CHIC. weather steady and AGO—Wheat irre Canada. Corn ne; Cattle rctive, better fayora Hogs ular easy; dull SHORT TERM SECURITIES (Quotations furnished by Redmond & Co.) Adirond. P. & L Alum: Co. of Afier Amer. Beet Su Tel & Tel. Co, Am 48 ond \. Copper 65 it Humble Union Tank Car S Western U Westinghouse 10615 111 1083% FOREIGN EXCHANGE. (Quotations furnished by W.B. Hibbs & Co.) Nominal Selling checks sold value "S4.8663 100 London. pour Nontrea) 'nnnon % Hudapest ‘00014 Prague 2 crown rown NEW YORK. July 31 (#).—Foreign exchanges irregular; quotations, in t Britain, demand, 485%; 5% 60-day bills on’ banks, France, demand, 4.73%; cables, Italy, demand, 3. Demand—Belgium, ©3.80; Holland, 40.10 Sweden, 26.87: zerland, 19.411% 1.56; Pol Jugoslavi manla, pain, echoslov: 14.46; Greece, kia, 2.96; “aty; 100 3-32. Montrea Bid 99 28.32 997 1004 99 31 09 31 100 100 T1-16 a9 131 100 101 9-16 D101848 1018ds Abitibi Pow (4). Adv Rumley. Ahumada (t1).. Alr Reduc (4). Ajax Rubber. . Alaska Juneau Allted Chem (4). Allis Chalm (6) Am Agricul Chm Am Ag Chm pf. . Am Brk S Am Bosch Am Can (17) Am Can pf (7) Am Car&Fdy (6) Am Chain A™(2). Am Chicle Am Chizle'etf: Am Express (6) Am Drug (60c) Am & For Pow. Am&F P pf (7). Am Hide & Lea. . Am Hide & L pf AmIce (7)... Am Internatl Am La Fran (1) Am Loco (t18) Am Metal (3)... Am Radfator (4) Am Safety R (3) Am Ship&Com. . Am S & Ref (6). AmS &R pf (7). Am Stl Fdys (3) Am Sugar. ... Am Sugar pf (7) Am Sumatra. Am Tel&Tel (9). Am Tobacco (7). Am Toba B (7) Am Typ Fdrs(8) Am WW&EIL1.20 Am W W 1st (7) Am Woolen. ... Am Wool pf (7) Am Zine. . Anaconda (3) Ann Arbor...... Archer-Daniels. Armour Del (7 Armour 111 A( Arn Cons&Co AUBirm & At. . Atlantic C L(+8) AtIGuIf& WI.. Atl Gulf & WI pt 1 ColG & 5 | 1a Atlantic Refing. Atlas Tack. Austin-Nichols. . Baldwin L (7) Bald Loco pf( Balto & Ohio(5). Bal & Oh pf (4) Bang & Ar (3) Barnsdall A. Bayuk Ciga Beech Nut. Bethle Briggs Mfg(31%) Bkl Edison (8). . Bkl-Man Tran. . Bk-Man T pf(6) . Bkl Union G(4) . Brown Shoe (1) Buff R&PItts (2) *Buff R&P pf(6). Burns Bro (10) Burns Br B (2) Bur Add Ma (3). Bush Terminal Butte Cop (50c) . Butte & Sup (1). Caddo Central Cal Packing (6). Cal Pete (1%).. Callahan Zine Calu & Hec (50c) Can Pacific (10). Case Threshing. Case Thresh pf. Cent Leather. Cent Leather pf. Cen RRofNJ 1 Century Rib Cerro d Pusco(4) Certain-Teed (4) Chandler (3).... Chees&Ohio (1) . Chi & Alton. . Chi & Alton pf .. Chi Great West Chi Gr West pf. . Chi Mil & StP. .. Chi Mil & StP pf Chi & Nwn (4).. ChiPneuT (5).. Chi RT& Pac. .. CRI&Ppf (7). ChiStPM&O.. C StPM&ODL(5). Childs (12.40)... Chile Cop (213) . Chrysler Corpn. Chrysler pf A(8) Cluett Peab (5). Coca-Cola (7)... Col Fuel & Tron. (2.60). Congoleum (2).. Consol Cigar. ... Consol Distribut Consol Gas (5).. Consol Textile. . Cont Can (4).... Cont Insur (B) .. Cont Mot (80c). . Corn Prod (2)... Crucible Stl (4). Crucible pf (7).. Cub Cane Su pf.. c « C « sti.. “ub Am Sug (3). ‘uban Domin. .. *uban Dom pf ‘udahy Pkg (7). hman's (3).. yamel Fr (4). Davison Chem. . Del & Hud (9) Del L & Wn (+7) DR G Wst pf Detroit Ed (8) Dodge Bros Cl A Dodge pf ( : Dome Mines Doug Pectin (1). Dupont (10) Eastman (18) Eaton Axle (2).. Elec Powr & Lt. P &L pt (7). E P&L pf 40% pé Elec Str Bat (4) . Emmerson Brnt. Emmerson B pf. d John (5) fe RR . ie 1st pf rie 2d pf. . . | Fairbks (2.60) Famous P1 (8).. Famous Pl fu pd Feder Lt (11.40) . Fed Min pf (7) Fid Phoenix (6) . First NatP pf(8) Fisher Body (5). Fish Bd O pf(8). Fisk Rubber. ... Fisk R 1st pf (7) Flefschmann (4) Foundation (8).. Freeport-Texas. Gardner Motor. . Gen Am Tnk (3). Gen ATC pf (7). Gen Asphalt. . Gen Asph pf (5). Gen Baking (6) . Gen Cizar (8)... Gen Electric (8). Gen El spec 60c. Gen Motors (6). Gen Mot pf (7). Gen Petrm (2).. Gen Ry Sig (6) Gimbel Bros . Gimbel Br pf( Ginter (1%) . Glidden Co. Gold Dust. Goodyear pf (7). j Grt North pf (5) Gt Nor Ore (1).. Guantanamo Gulf Mo & Nor.. Gu M & N pf (6) Guif States S (5) Hartman (2%) Havana Elec (6) W (13%2) ' W (1), ‘ Ad Rumley pf(3) Am Beet Sug(4). Goodrich Ru (4) Grt Wstn Su (8). 64% 16% 59 10% 108 12% 1% 14% 84 46 102% 5a% 94% 160 90% 292 11% 88% 112% 53% . 216 54 ). 105 41% 21% 43 56% 104% 69% 284 97U 4% 29% 95 81 28% 186 42% 108% 654 64% 65 15% 15% 581 68% 104 10% 102% 12% 1% 90 81% 21 64 1124 113 109 109 40% 21% 391 39! 681, B68Y 41% 41% 38 1384 52 80% 46% 104% 107% | 103 304 108 _30% 165 101 80 111 21% 106% 94% 130 144 8 46 4 102% 54 94% 158 90% 2914 11% 87% 165 101 82 111 22% 106% A 112 52 2\5 51 105 4% 29% 95 82 29% 187 43 1034 41% 21 43 55% 103% 68% 28 95% 4% 29% 95 BO% 284 180% 424 103'% | Helm G W (3) Household P (3) Houston O11. Howe Sound Co. Hudson Mn (215} Hudson Mot (3) . Hupp Mot (1)... Illinois Cen (7) 111 Cent pf (6). Indep Ol (1) Indian Motorcy . Indian Refining. Inland St Inspir Cop Interub Rap Tr. . Internat Agri. .. Int Bus Mac (8). Int Cement (4).. Int Com Eng ( Internat Har (5) Inter Har pf (7) Int Mer Marine Int Mer Mar pf. . Int Nickel. . Int Paper. .. Int Paper pf (6) . Intl Paper pf (7) Int Ry CA nn‘n pe (111%) Jewel Tea. Jordan Mot (3) KCP & L1st (7). Kan City Kayser (Julius). Spring. Kelsey Whi (8) Kennecott (3).. Keystone T & It Kresge Dep S (4) Kuppenheim (2) Laclede Gas (8). Lee Tre & Rub. . Liggett & M (1) Lig & My B (14) Lig & My pf (7). Lima Loco (4) Loews Inc (2) Loft Long Bell A (4). Lorillard Loose-Wi Ludlum McCro B (1.60).. Mclntyge P (1) Mack Trucks (6) Mack Trucks rts Mack Trk 2d pf. HR& Co a C (75¢) . Mallison & Co md g (5). Market St prior. Market St 2d pf Marland O (75¢) Malin Ro Martin-Par Maxwell (A)ctfs. Maxwell(B)ctfs. May Dept St (5). nd P pf (19 Minn & St Louls. Mis Kan & Tex M K& T pf (5) Missouri Pacific. Missouri Pac pf Mont Power (4). Montgom Ward. Moon Mot (3) Mother Lode 75¢ MotorWhe(1.60) Murray B (12.40) sh Mot (116). ash pf (7)..... at Biscuit (3).. at Biscu pf (7). Nat Cloak (4) . at Dairy (3). at Distillers Nat Distillers Nat Enamel Nat Lead (8) at Supply (3) evada Copper. Y AlrBr (4). . Y Air Br A (4) pf “anners (2).” Central (7). YC&StLDE(S) . Y Dock . Y N H & Hart. Y On&Wn (1). Norfolk South Norf & West (7) North Am (3.40) North Am pf (3) North Pac (5) Ontarfo Mining. Onyx Hos pf (7). Oppenheim (3) { Orpheum (1.80). Orpheum pf (8). Otis Elevator(6) Otis Steel. .. Otis Steel pf. . Owens Bot (3).. Pacific Gas (8).. Pacific Oil (3)... Packard (11.70). Paige Mot(1.20) . Pan-Amer (6)... Pan-Amer B (6). Panhandle. ... .. Park & Tilford. . Pennsy RR (3). Penn Seab Steel. Peoples Gas (8). Pere Marq (4) . Pere M prior(5) . Phla Co (4).. Phila& RC&I.. Phillips Jones. .. Phillip Morris. .. Phillips Pet (2). Phoenix Hosiery Pierce-Arrow. .. Pierce-Arrow pf. Pierce-A prior 8. Pierce Ofl. . Pierce Petrol. Pitts Coal pf (6). *PittsFtWay (7). Pitts Ut pf 11.20. Pitts & West Va Postum Cer (4). Press Steel Car.. Prod & Refiners. Pub Ser N.J.(5) . Pub Serv NJ rts. Pub Se E&G pf 6. Pullman Co (8) . Punta Aleg Sug. Pure Oil (13%).. Radio Corp of A. Ry Stl Spg (8) | Rand Mines 1.79. Ray Cons Cop Reading (1) . Reading rts. Reading 2d (2 ). Robt Reis & Co. . Remington Type Replogle Steel. . Rep Ir & Steel. . . Reynolds Sprngs Rey Tob B (3)... Rossia Ins (6) Royal Dch'1.731 | St Joseph Ld (2) StL & San F (5) St L Southwest. Savage Arms. Schulte (*8). Schulte rights. | Seaboard Air L. Seabd Air L pf Seagrave (1.20). Sears-Rebk (6). Shattuck F G ( | Shell Trans 2.16. | Shell Un (1.40).. Shell Un pf (6).. Simmons Co (2) . Simms Pet (1) Sinclair Oil Skelly Oil. Sloss-Sheff (6) .. South Pac (6)... Southern Ry (5) . South Ry pf (5). Spicer Mfg. .. Std Gas & BI(3). Stand Mill (5).. Open. High 68% 39% 67% 20% 324 6414 18% 114% 118% 3219 19 ™ 58% 134 49 5514 45 116% 92% 26% 34% 25% 3944 131% 58 49% 66% 7 83 43% 3219 102 130% 13% 824 b6% 115% Bb% 85% 20% 70% T0% 3% 28% 45% 1% 116% 65% 80 58% 68% 89% 67% 21 8244 64% 184 1144 118% 3214 19 % 41% 27% 28% 16% 128 7% 45 117% 814 68 897 684 89% | 66% 21 32 634 18% 114% 4 1184 31% 19 THh 4l 274 284 14% 128 67% 44% 116% 120 8% 30% 31% 6814 6% | 000,000 ¥ INBOND MARKET Florida Railroad Issue Jumps 12 Points on News of Retirement. BY GEORGE T. HUGHES. Special Dispatch to The Star NEW YORK, July 31.—The sensation of the bond market again today was the I*lorida Western and Northern 7s, which jumped nearly 12 points in ad- dition to the 9 points gained Thursday. The last sale on Thursday was 127%. The first transaction today was at 130%, from which the price was car ried up a point or more between sales | to 139, Then, under profit taking there | was some reaction. The bonds are to be redeemed at 104, with the proceeds of the new $25,000,000 Seaboard all Florida Rallway 6s. Bonds Carry Stock Rights. The explanation is that the carry title to common stock of the Land Co. of Florida, stock to the amount of 10 res for each $1,000 bond being deliverable on redemption of the bonds. In view of the extraor dinary development in Florida this | stock is considered very valuable In the general list the remarkable showing of the weekly statement of the Federal Reserve banks was with out effect. Price movement in both high grade and corporate obligations was very irregular. Treasury 44s and Treasury 4s were higher, but not significantly so. Southern Pacific re- funding 4s dipped below 88 to a new | Fi low for the year, but subsequently llied. Oregon, Washington Railw and Navigation ds, at 81, were also at a new low. On the othe honds hand, Western debenture advanced above par Sales of American Telephone and Tel graph convertible 6s, which mature tomorro were made for cash 31 points above the price at which the will be paid off. Unless the honds are sold today and converted holders will have lost over $300 per each $1,000 bond. T i Speculative Rails Active. Activity kept up in the spe rafls, led by the Missouri, Kansas, Texas ments, buying in which wa the advance in the ireat Northern 75, a new high The advances however, in this M ive stimu N k. Inte adjustments crossed for this movement were not uniform, part of the list eaboard Alr Line adjustments re ted They will sell ex the 21z pe cent semi-annual interest payment t morrow. Denver and Rio Grand West ern 5s had a temporary setback and Missouri Pacific 48 were lower Chica tern Illinois t 54 were at a new low point oreign is s were mostly reac tionary InIu\d 8s went below 88, but afterward recovered part of the lc Selling was probably due to the le dis tches reporting the eviction of Germans from Poland and of Poles from Germany. Belgian bonds werc heavy, the losing a half point French bonds were firm Today’s new offerings included $4 tern Texas Electric three vear 5 per cent notes to vield 5.45 per cent RUBBER IS UNCHANGED. NEW YORK, July 31 Crude rubber quotations changed today at 93 cent This compares with month and 2 s (Special) were un a pound. cents last last vear. CLOTH mRKET QUIET. NEW YORK, July 31 (Special). The dry goods market was quiet today, with print cloth prices unaffected by the raw material fluctuations. Raw silk was steady both here and in Yokohama WEEKLY ébTTON REPORT. LIVERPOOL, July 31 (P).—Weekly cotton statistics: Imports, 21,000 hale: including 2,000 American. Stock, 642,000; American 000. Forwarded, 60,000; American, 40,000. Exports, 000; American, 4,000. Sales, 20, American, 10,000 Std Plate Glass Sterling Prod(4) Stew-Warner(3) Studebaker (4) Submarine Boat Superior Oil. ... Sweets (uew) Symington. Symington A(2). Telautogph 25¢. . Tenn Copper (1) Texas Co (3 Tex Gulf S (1%) Tex & Pac C & O. Tex & Pacifl +Tex Pac Ld Tr. Tide Water Oil. Timken R B (11) Tobac Prod (6).. Tob Prod A (7) Transcont Oil Twin City pf (7) Underwood (3). . Un Bag & Paper. Union Oil (1.30). Union Oil. Un Pacific Un Pacific pf (4) Utd Alloy Steel.. Utd Cigar (13%) United Drug (1) Utd Fruit (10). . 2 Utd Ry Inves pf. U S Cast Iron P. USCIPpf (7). U S Distributing U S Hoff (2).... U S Ind Alcohol. 7 S Realty (8). U S Rubber. U S Rub 1st U S Smelting (3) 7 S Steel (17) U S Steelpf (7) Universal Pipe. Univer P pf (7). Utilities P&Lt A. Utah Copper (4). Van Raalte. . Va-Caro Chem. . Va-Caro Ch pf. . Va Ry & Power. Vivaudou. . ‘Wabash. Wabash p! Waldorf (1%).. Ward Baking B. ‘Ward Bak pf(7). Warren Co (4).. Weber (4).. West Pen (4) West Maryland. Westn Pac (5a) . Wesn Pac pf(6a) ‘West Union (7). ‘West Air Br (6). Westinghs (4).. Weston Elec. Weston A (2) Wheel & L Erie. Wheel & L E pf. White Eagle (2). White Mot (4). . White Rock (12) Wickwire ctfs. Willys-Overld. Willys-0d pf (7 ‘Woolworth (3) Worthn Pump. .. Wright Aero(1). Youngstown (4). *0dd lot. {Partly extra. iPayable in preferred stock- Dividend Tates as given in the above table are the annual cash payments based on the latest_quarterly or half-yearly declarations. TUnless otherwise noted extras or special dividends are not included. 3l 15 2074 12 316 33 43 88% 102 4% 100% 49 45% | 37 M 120 14% 35% 0% 147% T72% 105% 481 574 121 4% 20% 74 130% 107 78% 15% 23% 19% 42 2T% 90 45 4 19% 104% 166% 41 28% Ti% 14% 35% 0% 14% 2% 105% 47% 57% 121 14% 20 74 130% 107 2% 16% 23% 19% 42 21% 88% 44% 4 . 19% . 103% 165 40% 28% 4% N N N N 121 14% 19% T8% 130% 107 1% 15% 23% 18% 41% 27 87 4 3% 18% 103% 163% 40% 27% 73% P 18% 103% 166 40% 27% T4 Lib 3 Lib2d 43 Lib :«du.s. 176 Lib 4th 4145 1S 4s 1944 US4%s’s Argentine 6s ' Argentine 6 Argentine 6sB Argentine 7s Austria 7s Aus govt Bank of Japan 6s Belgium 6s. Belgium 65 wi Norway Paris Paris Orlean Rio de Rio de Jan 8s 198 Rio Gr Do § (Sales are in $1,000.) 171 9 162 Lib 1st 4‘.L 79 67 13 Low. 100 23 101 27 100 26 10112 High 100 26 101 31 100 50 10115 1028 102 30 10615 1 FOREIGN. i 5w Belgium 71 Belgium 83 Berne 8s Bolivi: Borde: Brazil 7s Brazil 8s 8s nada 5s 19 Danish Munic 85 A Danish Munic 85 B | Denmark 6s nland s f 6s " nlands Holland Amer 6= Hun| Tapanese 4s ry 6%s paness 634 T M arseille 6% Mexico 4s *04 asntd Mexico 45 '10 asntd Montevideo Ts herlands Netherlands s Nord 61 y5 6519 ay 6s v deb 6s s-Med 63 Ly's-Me: 18550 wi nd Jan 8s 1 185 Seine Dept Serbs Crot § Sweden Swiss Confed 8s Tokio Ud K Ud Kingm 5 Zurich 8s MISCEL! Ajax Rubber 85 Ar m Agr Chem AmT & T det Am Water Wk Am Writ Pa Anaconda Anac Andes Cop 7s rets. Armour & Co 4%s Armour De Atlant nd ic Refin Barnesdail s f 8s. . Bell Tel Pa 55 Beth Steel pm Beth Beth Brier H | Bkivn Bush T Bldg 474 | Cen Leth 6s 9% | Chile Copper Col ¢ = Commonwth P 6s Con Coa Con G N Consumer Cuba Cane cy 7 Cuba Cane cv d §s. Cuban Am | Denver G: Dery (DG) 7 Det Edison Det Edison ref 6s. Dodge wi 6s. .. Donner Steel 7s. . Du Pont de N Tles Duq L& Duquesne Light 6s. steel teel s f 68 St 1 wen s & El d 1st 15 wi. Pow g 8 ‘10 isk Rubber 85 | Goodrich 6155 Hershey Hershey Humble O & R 1llinois Bell 1st Tilinois | Indiana Steel 55 Int Mer Marine 6s. { Int Paper 5 Inter Paper 6 eel 4145 47 CP&Lt Lackawa Lacl G ref 55 '34 Laclede G Liggett & Myrs 7s. Lorillard (P) 5 Louisv G & E 5852 Manati Sug sf 74s. id-Con 1 Midvale Stee Montana Pow Mor's & Co 1st 4345 6 New Eng Tel 5s Y Ed s 44 wi. Y Eden 15t 6%s. NYGELH&P 4s. Y Tel 4%s Y Tel 6s'41. Y Tel 6s'49. North Am Ed 6s North Am Ed 61;s. Nor States Pow 6s. Pacific Gas & El 5s. 12 Pac T & T 58 '52 Pan-Amer Pete Pan-Amer Pete Peoples Gas 5s. Phila Coref 6s A. . Phila & RA C & 1 55 Pierce-Arrow 8s. .. Public Service 65. Pub Serv Elec 6 P Serv Gas 5338 ‘59 Serv Gas 5% "64. Remingtn Arms 6s. Rep Ir & Steel bs. . Sinclair Oil 63 Sinclair Ofl 6% Sinclair Oil 7s. SinCO P L 6s'28 Sin Pipe Line 5s. Skelly O11 6. Southwest Bell 5s. Sug Est Orient 7s.. Tenn Elec Pow 65. . Toledo Edn 15t 7s. . Union Bag & P 65 lx nited Drug 6s. s. High. Low. Closs. 63 95% 11 96% 7 96 7 103 15 229 . 161 19 12 o3 Canada 6345 1929 Chile Chile 85 Chile 85 1941 Chile 85 1946 Con Pow Japan Copenhage Cuba 51 Czecho 8 102 10 8 8 100% 10 11 105 109% 2 108 6 LANEOUS. 11 101 10015 1024 15849, 33 13 3 90% 99% R2% 2 101 31 100% 1 114% 4 834 17 915 10 106% 7 108% 100% 104 105 95% 97 107% 105 98% 104% 100 104% 98% 106% 102% 103 88 95 1094 831, 93% 22 100% 2 85 1282111% 99% 1 94w 12 102% 5 108% 2 97w 15 104% 6 4 33 1 15 104 10 15 10074 S Rub 1st 42 88% 88 107% 106% 101 100% 106 105% 95 9815 Close. 100 23 101 30 100 26 101 14 102 4 102 40 106 12 Smelter 6s..... 14 Steel s f bs. ... 3 U ll)l Pow & Lit 5s.. 3 ar m-.-m 78 Vertientes West Wilson & Co 1st 6. Wilson&Co. cv Wilson & Co cv 6 Winchester A 7igs. Youngstn S & T 6s. 48 RAILROAD Ann Arbor 4s Atchison adj 4s. . Atchison gen 4s. .. Atlantic C L cl 4s. . B & O Gold 4s. B&Ocy 4 B&OTf imp6s. ... B&OPLEWYV 4s.. 1 B&O Sw Div 55 ofs.127 Bklyn Manhat 6s.. 95 Buff R & Pitt 4158 North 6355 . ‘ar Clinch & O “ent of ¢ Eiorss niral Pacific 4s. . 1es & O cvdlys “hes & O gn 4%s. . “hes & O cv 5s *hi & Alton 31, “hi B tre *hi s *hi Great West 45 Puget Sd 4s is SLP gn 4s ‘89 tPevalys Cuba R ¥ Del & Hd 1st rf 4s Del Hud cv b Den & Rio G cn 4s. D& 5 D& = 1st cons 1s n 1s e conv 4s A. conv is B conv 4s D North gen 7s & W db B 0t 8l 100% 884 | BRl 13, 6 KansasC: Kan Cit Lake S Lake Louis & N Montrl Tm 1st 5s. . N O Tex & M in 5 N O Tex & M 5s B NOT&M5%sn D n gen tent 45 'd ‘ent deb 4s N Y W & Bos 41 Norfolk & W cn 4s. Norfolk & W cv 6s. Northern Pac 3s Northern Pac 5s D. Northern Pacr | 63 Ore & Calif 1st 5s. . Ore Short L ref is. Ore-Wash 1st rf 4s Penn Penn: Pennsy | Pennsyl gold i L& PES4 Seabd A L 4s sta. . Seabd A L ref 4s... abd A L adj 5s. . Seabd A L con 6: Sou Pacific 4s'29. . Sou Pacific ref 4s. . uthern Ry gen 4s 2| Southern Ry 6sct. 111 | Southern Ry 63s.. 5 Sou Ry Mobile 4s. . Third Ave ref 4s | Third Ave adj 5. Union Pac 1st 4s Union Pac 1st rf Union Pac 4s '27. Union Pac cv 6s. .. Virginia Ry 1st 5s. Va Ry & P 1st 5s. . ‘Wabash 5%s'75 Western Md 4s. ... Western Pacific 5s. Wheel & L E cn 4s. Wilkes-B&E 1st 5s. Wisconsin Cent 4s. 954 9% 101 99 90% 99 82% 101 100 114% 8814 97% 106% 108% 100% 103% 105 95% 964 107% 105 95 104% 998 ;1004 10638 | A% ieiat 102 103 88 95 108% 884 934 1004 86 110% 99% 94t 102t 4 105% s 911 104 DIVIDENDS. 8. ! Co Am -rnf»'mm B & M0 Bum Cons'dated Gas Eftens'n Ma Hazeltine Corp Int Comb Eng Interna Shoe pf. Llle Ol W Mil Ligteu ¥ disers Lima Lomrno London M&S Rd Mideont Pet pf Ori'ns T& Pitts T Coal pf So Ry Ltd Eng Stand San Mtk Do. pf ,, 2428 pisy-soy RS oooonlooc|mm§m penthe BOBEE! s bt o £8% 106% 100% 105% 94% 98 8% 90 99% 17 4 106% | 102 99 71 70% 101% 594 T4% 83Z 8975 854 87 92 90 1004 103 9214 100" 117% 98 9Ty 102% 100 Period. Rate. Payable. 1 INWHEAT MARKET Lack of July Grain to Fill Con- | tracts Makes 9-Cent Advance in Price. By the Associated Press ICAGO, July 31.—Belated buying to fill July contracts gave the wheat market an early tilt upward today Some initial transactions in the July delivery showed an overnight Go: ernment advance of as much as 3 cents a bushel. Qfferings of July were , and the consequent bidding up of quotations for that month had a strengthening effect on other delive fes. Opening prices, unchanged to cents higher, September 1.0*a1.51 and December 1.52a1.521;, were fol lowed by something of a sag, and then | by freeh upturns around Corn and oats were easier, corn in | fluenced by further beneficial rains {and oats by continued hedging pres isure. After opening unchanged to {half-cent lower, September 1.04, the corn market underwent slight general decline, but then covered Oats started cent advance; Later all the loss. In line with a re at 1 cent lower to % eptember 42344214, | months showed some values the pro. fon market ged lower. i Speculators r paid dearly for| the privilege of selling wh without having first obtained ownership. Be fore they could settle July accounts | wheat available for July delivery here | ent to soari ts_above s nd touched $1 shel. | Hieh e | Septemier December 35 Octol RIBS— | July September October (United State: )—Hogs— CHICAGO, J 2 Department of Agricult Receipts, 15,000 head; de | weights, light lights and slaughter | | pigs, fairly active: dy to strong at | Thursd or 10 to 15 higher than close; medium and gtrong weight butchers, slow, 10 to 15 lower { than Thu high' point; common {ana dull, weak at good and to pound averag top. 14.30; majority 4n to 300 pound butchers, . 140 to 150 pound w 1zh(\ cking sows, la weight slaughter pigs, 60; average cost, pack r droves of hogs here | weight pounds; | 13.20a13.95; me- | light 80a14.30; | 0a14.30; packing hogs, 0: slaughter pig: Receipts, 4,000 . killing classes un n. slo generally steady killing quality plain; grassy nd short-fed offerin redominating. | short-fed | cording to weight matured steers, 15.00, ge weight, 1,410 pounds: medium eight, 14.25; no strictly choice year- < here: low-qualities killers down | 00 Sheep—Receipt head ive; fat lambs, strong to 2 iner kinds advancing most; good na Hfl\l»r ll)., it sort 15.50; top, 1 s mostly 12.00; shee ulk, weight fat e s low | heavy-we | dium 00 bulk, 5.00a around handy- GRAIN AND PBOVISIONS BALTIMORE New potatoe 1.50a2.00; bu: " bushel, 40a1.10; Beets, Carrots, 100, 4.00a5.00. £.00a212.00. Celery, crate, ‘orn, dozen, 20a30. Cucumbe: et, 15a25. Eggplants, baskef al.35. Onions, bushel, 2.00a3.00 tuce, Lima bushel, 42.00. 75a1.00; green, Apples, barrel, 1.00a4.00. Huckle- | berries, quar Peaches, bushel, 25a3.00. Blackberries, : “antaloupes, | melons, each, 15a73 Selling Prices at Noon. No. 2 red Winter, spot, do- no quotation; No. 2 red Win garlicky, domestic, spot, 1.48. Sales—Bag lots of new at wharf | sold at .| range of 1.37 to 1.44 per bushel. Cargoes on grade, No. 2 red | Winter, gariic 8; No. 3, 1.44 No. 4, 1.40; No. Corn—Cob, new. and 650, nominal, vellow mpers 3, 6 tra vellow, per spot, barrel; 3, 54 new, 1.10 and 1 no quotations. 11 tons. Prices on old hay are more or less nominal, there being no stocks on hand of the better qualities of old timothy or light clover mixed. The new hay that has thus far arrived on the local market has been more or less heated and all stock arriving in this condi- tion has no definite market value. Quotations today—No. 2 timothy, 18.50a19.00; No. 3 timothy, 16.00a 17.50 . 1 light clover mixed, 17.50 \S(H\ _No. 1 clover mixed, 17.00a 2 clover mixed, 14.00a15.00. No. 1 wheat, 50213.00; 1 straight rye, 18.00a18.50; No. 1 12.00a13.00. DAIRY PRODUCTS. BALTIMORE, July 31 (Special).— Live poultry—Spring chickens, pound, 5236, Leghorns, 22a28; old nens, 20a 20a22; roosters, 15a16; old ducks, 14a20; pigeons, ¥ 0 2 rye, spot, Hay—Receip No. oat, pai Eggs—Receipts, and nearby firsts, 32%a33. Butter—Good to fancy creamery, pound, 40a46; prints, 46a4s; ladles, 34 fore packed, 31a32; dairy prints, rolls, 32a34; process butter, 361 941 cases; dozen, natives offered at GERMAN BONDS AND STOCKS. (Quoted in dollars per mllhé\n marks.) Atkced Ger Gt (wIn) 80600 Hamburg 43 b 16000 Ger Gt 4-8 (forced loan} 13.00 8-150 23 (s piec) 50.00 (Quoted in dellars per thoueand marks } Ger Gen Elec $3as prew 1 Ger Gen Elec 4355 1910 Berlin_4s pre-war. . Ham 3s. 3148 & 48 pro-w Hamvur Aer Line 48 orth German Lloyd 4138 North German Llovd. Brussian Congol 3% rupp 58, Kran e 4;‘ pre-wa Frankfort a-M 4 pr Munich 4s pre-war. Badische Anilin (Ger Ge Elec Aommars and Privac B Disconto Gellschaft Dresdner Bank. Deuteche Bank Darmstaedter Bank. . Mercur Bank Vienna 300 1 | of tr | tir AT HIGHEST PEAK Seven Months’ Figures Ex- {ceed 1924 by $106,163,697. Other Local Notes. P. SHAEFFER asing powe er now thar s morning A880C BY (HAS ever before v by the local cl which uses measure. During ending to check alst banks totaled $7% resents an increase ponding months of 697 If the ined for months cle: z ceed last of $1,167 000.0 Clear day was vious mon tory of the local : this period checks T Y‘HHV. 1 zain 0000 the the fo unprecedented more tota than $15( n t 758 passed thre tion Trading on Local Bourd Stocks on the 1o quiet ureless sessior sted low ax wi a minir ices were ing if eat while M Linotyy 10 shares Anaco expi ),000 $2 f catin Ched in Mare vear cle Fede: dicate | loans | Wain absor any to member street and edit industry Pennsy Boosts Income. e rep Iroad i $6. | the six 61,7 net ope mor the er $60,008. June, at “for xhé' reported pared with |and the iod gross wa More Engines Need Repairs. Class 1 railroads, on July 15, had 24 locomotives in need of repair 5 per cent of the number on line Railway Association re ning. This was ar over number in at_which or 17.1 per t July 1, 10,017 ney on Rail Extension Granted. nditional perm Mexico ¢ Interstate ay to ex anta Fe fon was given al Railway Co Commerce Commis- nd its line 100 miles 10 Gallina in New ¢ the sion to from Mexicc Gatley Going to Seashore. Albert Gatley, vice president of the In National Bank, who is cing after a serious illness of duration, leaves Washing . where he el until his urn. Mrs. prolonge ton toda heal accompanies him. STUDEBAKER EARNINGS IN SHARP ADVANCE EW YORK. July 31 (®.—Net profits of the Studebaker i for the second quarter of Jjumped to $6,516.268, equal, ferred dividends, tc the common st compared with 53, 0, or §1.84, in the preceding quarter, and $4,030,010 $2 share, in the second quarter of 1924 The half-vear net profits of $10.1 048 is equivalent to $5.24 a share the common, in ast to $7,5 269, or $3.88 a share year ago. The second quarter’s sales were $51 364,542, against $35,502,735 in the same period of 1924. LIVE POULTRY HIG}{ER CHICAGO, alive, higher; 20a25; Spring: keys, 20; ducku after pre $3.40 a share on ..| ; broiler: woster: 143 20a23; geese, 13a19. COPPEB Loss B.EPORTED NEW YORK, July 31 (#).—Calume! and Hecla reports net loss of $676 for the half-vear, against net loss of 04 a vear ago. The second er's net loss was $405,690. Gross income for the six months was $6 527,041, STOCK “MELON” VOTED NEW_YORK, July 31 (®.—sSub- marine Boat Corporation is distribut- ing a stock dividend to holders of record August 7 of one share of Elec- tric Boat Co. stock for eich share of 0 | Submarine boat held, which amounts to $76,692, and is payable August 11. SKELLY OIL DOUBLES NET. NEW YORK, July 31 ().—Skelly oil Co. reports net earnings of $1,- 578,209 for the second quarter, after all charges, but before Federal taxes, against $750,134 in the first quarter and $596,032 in the second quarter of 1924. This is equal to about $1 a share. Net for the half year of $2,- 328,344, or $2.82 a share, compared Goiter is epidemic in some Colorado, e with $1,499.954, or $1.82 a share, in the first six months last year,