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FINANCIAL. THE EVENING STAR, WASHINGTON, D. C., WEDNESDAY, AUGUST 12, 1925 FINANCIAL. BUVING N RAILS | NEW YORK STOGK EXCHANGE |/ ETTER TINE NUTED | o vee s BONID ok ] i, e e PLEAS IR THAFT Received by Private Wire Direct to The Star Office Received by Private Wire Direct to The Star Office. —_— UN STATES Corn Market Eases Down After P ITED i Sales. High. Low. Close. | Open. High. Low. Open. Hizh. Low. Closs. gt 2 : g . Close. s < it AbitibiPow (4). 88 65 Goodyr pr pf (8). 108 108 1074 1075 Activity of Day Is in Speculative l;:::.'u::- L lggg‘;:?‘.:*:s. 4 Toou 106w iggl/" vance—Oats Show Firm. Adv Rumley. 15 15 ranby Consol.. 16% 164 16 16 T s - - ey (luss: 5 4 5 1 ness With Gains. y 15 > L. 16% 1 kder on e . 100 24 100 20 100 2 S Steel s f 5. 5 105% 105% 105% Ad Rumley pf(3) 57% 57' 563 B e el Lib 15t 45 10127 10123 10127 |Utah Pow & Lt6s.. 6 95 94 95 | < ! inD Hi ::‘"F"‘dda ’(’4‘)7” o ' oie BiCaan: ‘i%s: Tan velops in Oil. DiNt Ga 270100 BTR0 RS 100 B YR 0N Cha e - o o 'gw' BL;?{C:\TPS‘:SI:\::?” Owing lai ‘Encoura ing Aspect of Edu r Reduc £ - % . 9 Va-Car Ch 7%8 w.. 18 83% 80% 81 e i SeSUnE e - ssues in Demand at Higher ALY : G ) 100 S Libdadids. 308 10114 10112 101 1¢ |VaCarchrsens. 18 834 son 81 1y o ntuvaratie: wesmer i Crest | ging Aspec I X i Alaska Juneau 3 : . 7 ! GEORG L i % e 2 32 2 |Warner Sug7s'41. 9 93% u2% 927 Britain and to reduction of crop es- ; : Prices—0il Shares De- T T Gulf States S (5) 80% BY GEORGE T. HUGHES, 3522’5’5‘2 ol 10222 | West Eleo 85.,.... 1% 100% 100 = 100 | timates there, the wheat market in cation Campaign to Teach i]m Chalm (6). 82 Hanna st pf (1) 45 Special Dispatch to The Star. ‘Westn Union 61 1 111% 111% 111% ‘;_znvago‘look a early upward swing | ; m Agricul Chm 21 | Hartman (23%).. 20% 2 NEW YORK, August 12.—Senti- FOREIGN. Westinghouse 75.. 11 106 %|today. Liverpool quotations were ex- | i cidedly Weaker. Am Ag Chm pf.. Havana Elec (6) 1913 SRR e R % Sales. High. Low. Close. | Wickwire Spen7s. 1 85 83 83 |pected to show a decline, but instead | mportance of Saving. Am Beet Sug(4). 8 | Hayes W (13%5). 42 Argentine 5s...... 87 88 Wilson & Co 1st 6s. 13 99 % 987% | scored a material advance. A good | Am Bosch. : % | Household P (3) 40 proved today, although quotations|Argentine 6s’59... 63 95% 957 | Winchester A 7%8. 1 101% deal of notice was also taken of as. | 2 e s O BY STUART P. WEST. fim rl‘rk s'ho‘ew) 8 ::uusllm Oil..... 60% 4 *h:[)\)\ed little rhl:m:er a fi:i:::‘::: ::;- . ‘;-é sg'% gs% Youngstn S&T6s. 5 99% ;‘r!iflns :})’nu! umum_mssl_ of }l‘hc nmn BY CHAS. P. SHAEFFER e S m Can (17 2 3 ? owe Sound Co. 2 2 he only activity of the day was ih 95% 96 ansas wheat crop implies that mills| -y, . 2 L *v\‘j“m‘r-;l:[’hl(m R Notwitn. | AT Ganoe vzt 2 Haasn AT S5 81 { the " speculative * issues, ' including | Arfentine 7s. . 1025 102 |, L "““L“‘:A%% 4| Which have depended on Kansas as & | campainn on o gt g g X i s Nof m Car&Fdy ( 4 Hudson Mot (3) . 3 6: among the rafls Missouri-Kansas- | Aus gov! 99l 99's £ gl source of supply must look elsewhere i, o 80 OF ) » standing the sensational advances in [Am Chain A (2). 23% 23% 23 Hupp Mot (1)... 18 % Texas adjustments and Chesapeake | Austria 7s. 98% 98y |Atchisonadjds.... 7 824 | for many months before the 1926 Kan- | an s S1iieh has been carried on severnl of the high-priced shares on | Am Drug (60c).. 5% 5 B e U % s and Ohio convertible 5s. The last | Bank of Jap R M0 PAIChibomenite, . | 4180 FAE sas crop is available. Chicago oncnlngx“';'.“:"”g’;l“‘“ e oo last few the Stoel Exchange (oday. the indus: | Am & For Pow ; il Tnoleceniti . Son s '34n | named made a new high record above | Belgtum 6s. ... g A | AL GLIENE. £ 2 1608 ® | prices unchanged to 2 cents higher, jurey, PATICR! e e tear n.\:i Worked owar .u‘vrl [the mar-{Am & F P pf (7). 9 904 904 | ynoih "Motorey. 19 o 9 914 [ 114, which incidentally is the highest | Belglum 634 s wi e 91% | 4t e 1 92 September 1.61 to 1.62 and December | throyughout the ¥ =s mndoubtedly: escabed A - seRCa BTG H e 8 Indian Refining . at ‘which the bond ever sold. The |Belgium 75 w o6t ek | SR O T LA 6. 1 joen 1.59 to 1.59%, were followed by some- |encouraging reauita. lownward reaction only because of [AmIce (7)...... Inland St (21 reason for the present high price is|Belglum 7is..., 108% 108% Sold 75 thing of a reaction and then by mod- | This disinteres 2 the buying in the rafls. Many of these | Am Internatl. .. 3 3 st g ] s eeuion Mivines e comen | Bgin By, . .. N b by il A erate fresh gains. Deer ANt T et ex were in demand at considerably higher | Am La Fran (1). 121 Caeple v (! ; Bt 400, Which 15 e | | Berne 8. 109 Moisture in the corn belt tended t e elied a0 urgedfon 1 3 b Tr. E at $30, which is operative unti o 9% | visture in the corn belt tended to {{hrigt g = or again a disturbing influence and spread { Am Linsd nf 31 Int Bus Mac (8). 12 2 g conversion price is raised to $100 a | Bordeaux 6s.. s 844 17 103 4 10" +|advance in sympathy with wheat. |tign ana iecanton AL Gt b 1o other recent favorites. Am Loco (118) 2% % | 1n¢ Coment (4),. 66% 66 share. Other railway issues to do|Brazilis.. 3 2 2 824 % arting at % to 14 cents up. Sep- ! thousands ot e XUatash Stoiks. Actise: An M (0, 49% | 10 Gom Eng ¢2) 5 better included Denver and ~Rio|Brasilss........ T tember” 1.06% to 1.06%, corn declined |which are boing b Corned dollars m Internat Har (5) 5 Grande Western 5s, St. Louis-San|Canada6s192.... 4 B&O Sw Div 6scfs. 29 96% to well below vesterday’s finish, Sep-|hair-brained schemes are gradualls Francisco income 6s, which got abov nada bs 191 tember touching 1.04% i oM of and Southern Railway general 4s, | Chile 7s 1943 Biclyn Mannates:. 220 | “Oats traders took their cue from |fing, diminished, which has‘the addi nt Mer Mar pf. . ; . S g 5 a ade o A, SO e st Int Nickel. ; the last named an investment bond. | Chile 851926271070 "4 102 Canada South 5s... 10 ] Wheat rather than @orn. OPENing at | mare of sobyverot of feoliining | th 4 Int Paper. 9 6 Reaction in oil issues was the fea-| Chile8s 1941 <3 % | Canad North 6%s.. 10 ‘ 's to 3% gain, September 41, the cats|jtjex. B AmOr e the so.calle P L ; "“_”~” ses 3 | Intl Paper pf (7) 7 ture of the industrials. Sinclair 6s|Chile 8s 1946 . Canad Pac deb 4s.. 11 market continued firm. Savings thus effected Andin contrel will pa nother rai I Int Tel & Tel (6) 13 b 13| and Sinclalr 7s bosy lost sround, as|Chinese Gov Ry bs. Car Clinch & O 6s.. 1 107% Provisions pointed upgrade, despite |}, .~ ats. g eventuaily.. « e ar A Tel&Tel (9). 13 39 ; Gid Pan American Petroleum 6s, which | Christiania 8s.". . . 47y | Ches & Ocv 4%s... 12 9Th 74 | weakness in the hog market | i o b e mvingE. dene hettered its p s, and so did Bobacco (7). 96! a Jewel Tea. .. . 3 st Con Pow Japan 7 Ches & b 2 aln [rates 3 ments of banks, where they are ab i i < Yowel Toa ot sold down to the low of the year. pan 7s. hes& O gndlzs.. 2 9% 91 : WHEAT- Open. High Close. | solutely safe, statjstics recently i K Jslan roba B (7). 9 97 [Jewel Tea pf (7). ; Empire Gas and Fuel 7148 had much | Copenhagen 53%s. . 4 Ches & O cv bs. ... 12441174 September . 181 10414 104% | B o ety o ific, Ann Arbor preferred. | Am Tobac pf (5) Jones Bros Tea. . B Sabort ol t o S| Cubksesr. 5 Chi& Alton 3% 1 50 50 | Decomber 1 public by the Feferal Reserve thwestern and a number | Am T t Jordan Mot (3).. g i S te agtions Czecho § " E y May .. 146 164% 5 here indicate. In the fifth Federal hwestern- and Al reactionary. There was unusually 085 1951. ... 9 ChiB&Qgnis's8. 1 89% CoRk i railroad shares went {Am WW. 3 2 KCP & L 1st (7) heavy selling of New York Railway 6s, | CZecho 8s 1952 ct. 4|ChiB&Qistress. 61017 | Septemb 1.081 1.06% 1eserve district alone, which compri York Central kept active | Am W W Ist (7) 98 98% | 1ian ¢ 2 d 4 2 Chi& EIgnbs 74% Decembor R0 i 1 the District of Columbia, saving | Am Whol pf (7) : Kan City South. The only important development | Danish Munic 8s A . 4 ! g fEree L B % 65 May t i posits on July 1 amounted to § an A nale Kayser (Julius). 285 in the foreign list was an advance|Denmark6s. ...... $ Ol Orextivweat in. 63% OATS - 4 1571,000, 2 ain of $40.519.000 1 the chnics in Gene Ral Dlew pring. ... of over a point in Greek Ts. Denmark 8s 3 M & Puget Sd 4s. 2 47 September g { th = y went on, the stock : | Am Wool pring of 3 v iinge tothsied BUMGIN DB Y iRy bt TM& St P 4825, i Deceniber i 3 {month period. - During the mor approximately 80 points. tl m Writ Pappf. 213 3 23 | Kelsey Whi 8 2 . _$1.000, 45 Mch '5; ; e ks Pands 7 May 6% 7% | June, last, the region reported biag ¥ Kelsey Whi (6). W Jersey Water first 5s to vield| DE15%s Nov's3. 7 ; 47% z 2,571,000, whick ShRbO A Pl R R el e o T ) 5 565 per cont and $1,000,000 National | Dutch Kas : CM&StPovilis..20 4T ATt 470 1988 14 2 e S General Electric m::‘wl--] a mew b ok s BN 28% | Keystone T & R. 2 Union Mortgage 6s at par. Duteh Eas 2 1021 loay |[CM&StPrfak%s. 30 484 8 1159 th yrlfl:fg‘:rfi:‘.'r“:""w" o A short interest is believed to have | Anaconda S Kresge S S (8).. g e S M & St Pcv 5s. . . 474 e -8 BD WAL o sible for part o Arbor. ..... 868 < S — ceee > M& Savings deposits reported b, heen responsible for a good part of | Ann Arbor & o i “hi St P M&O cn 68 104 i b + : = ~h-priced | Ann Arbo Laclede Gas (8). rench 7s........ 3 ¢ banks distributed i ut e relon ke 8 ihese igh pricea | AT ATROT B j Lacleds Gas (8). GRAIN AND PROVISIONS. |irenchiha. " i o |CMEN Wretss.. 4 98 > | FREE MOVEMENT OF COAL | pos, < iy 47 b e stocks. Soceid a = 2 (S French 8s. 2 s . g 2 Hikalodhd e B el g Lehigh Val (%) BALTIMORE, Md.. August 12 (Spe ch 85 , 2 ’ stupendous gain of $5 Oil Shares Distinctly We: e e : 9sq | Lizzett & M (14) 6 cial)—New potatoes, barrel, 1.75a6.00; | GoF El 61 . 8 e RAISES RAILWAY REVENUE | 265500 & the Vo™ i, o acThe oil shares were distinctly Veak:| Arn Cons&co. .. : Liz & My B (+4). 5 4 | culls, 1.25a1.50; bushel, 75a2.00. R 5 (o e e . e, | reported in all except the Philadel Sev of them dropped below " | Artloom Corpn. Lima Loco (4).. Y 2 bushel, 40a50. Beets, 100, 4 . St iy district, the greatest advance bein previous lows of the vear. Among |y t rny(..'_‘u,) Loews Inc (2)... 22 4| Cabbage, 100, 1.50a2.50. Sweet pota-| Sreek7s. 874 S oimtae . Earnings of Western Maryland the Atlanta region i = these were Texas ific C 1 an - 3 . - - Haiti 6s A5n0.6 Loft.. , barrel, 3.00a7.00. Yams, bar & A L y Peri ? i Oil, the Pan-Americ which were o oll Y Long Bell A (4). 47% 5 . mo‘,mw: oggi.‘rfrl\f Holland Amer 6. S S5gsly Inceased foxiTetiod War on Bank Bandits. 1y heavy dard Oil of £05. . Lorillard (3).... % = Selery, o i Hungary 6%s..... 2 e oo 2 | of 60 Days. Recently 100 banks in Chi California. Barnsdall A -and Mara : s Louisiana Oll... 14% 15 . basket, 10a Japanese 4s. 5 3 kel e 5 . | Cook Cou sted notices caibo. Atlantic Refining whi Atlantie C xun 1807 18 Louls & Nsh (6). 6 & s . 50a Lettuce, | Japanese 61as. 59 92 92 “;s,‘q ;’;Sg s . { BALTIMORE, August 12 (Special).— | a reward of 500 to any S at 103, sank below AT e 05 | Loutsville Gas A M 3 Bl . Lima beans, bushel, | JoT8ens U M 65747, 35 101% 102 R | The freer movement of coal is begin- | or bank employe killing i several points be-{ AUGUI&WI. . il k7 e Ty - B RODRiB0; . eaey Mabba oae Lyons 6s. . e g LS ning toell in no uncertain manner on | dit, and offering $1.000 5 anx « : : s e el colly s ) ) aaie i B g o A Del& Hd 1strf4s- 4 89 9% |the earnings of the Western Mar¥-!ing information leading to the thing about the| 214N 3 ooty 9 9 : et 12igm35, | Mexico 5s assented 3 Del Hud cv 5s '3 ‘atland Railway. Incrcased coal ship-|and conviction of such v with the unsatisfac | {H1aR : e 3 . e | Netherlands 6s'72. Den & Rio G cn 4s. ; ments began about 60 days ago and| This is the culmination of tory trade position. was dire \yx:‘ AT v A L) 2 560 Nord 6%s....... 24 | D & Rio G imp &: 9 continue to gain, as is ev B vaign of over a year to redi sponsible for Atlantic } um]x & wed 1 7t Nie pt(1) 4 M TR Abile, oI, 1.0083.50; bushel, 50a | Norway 6%swi. .. 15 D & Rio G Wat 58. . 54 the receipts from that sou robberies, and has bee: el L aldwin L (7) 3 Magima C (75¢) . 1.50. Pe shel. 1.00a2.50. Dam. | Norway 651943 g3 DeL Dt s v 4 for the month of July were $57,712.62 | last resort to protect the 1 - i Tl el £y | 785, | Mallison & €o. .. o et tmd i i e e [ G L b Erie 1st cons 4s. .. larger than they were for the cor-|employes and the money of depo off_easily on a la ne of Hal O . M Bl s Ot & . g & Bl | Notway 6519 4 (Eriegends........ 3 responding month in 1924, 3 it, in the words of B isiionciati1s WastingTouse| Bive & Anptit) o3 ; Manila El (214). ; 31; rries, quart, 12a16. Huckleberries, | Norway 8s. . . 4 110% e i ik e e Imated i esrningn. in July, were v Atrbrake, which rose several points: in | Barnsdall A. ... Maracaibo O1l. ... 211, 2 011, | quart, 20a22 basket, 30a50. | Orient Dev eonD s 9y E R S T o e Weston Electrical Instruments, in| Barnsdali B. Market St prior. 9 19 | Watermelons, cach, 3 Parts-L. fe conv ext 8. .. : el R o e e o Diekfar: olicamar South Porto Rica Sugar proferred, in| Bayuk Cigar. ... Marland O (75¢) s Selling Prices at Noon e s | Erie & Jersey 3 B e D oot e per] s Py Onyx Hosiery, in Austin Nichols pre. | Beech > 10) Malin Rock (1).. 2 23 \ S it s Orleanss. g cent. Traffc other than coal and coke | Kill a policeman” 1, in Jordan Mc which ' re- | Bethlehem St1 5 4 | Martin-Parry ( Riiear o Ied W tnten spol L1 : 2 s 12 ‘4. 36 15| a0, increasing at a gratifying rate.| During 1924 there were more ¢ flected the activity in shorts; in Mon- | Booth Fisheries. 5 | Matht Alka. doms - Mo, s Suen SiWintes I Runee (0. : Trunk st db 68 : As a matter of fact, receipts from that | robberies in Chicago than durir ected the activ in B o Ehy A ) JMa Dt S g . garlicky, g Poland 88’50 wi... 5 6 5 Rt T PR source in July were $132,417.52, or 20| three previous vears combined. This - and in Martin Parry, e AT . i etro G p(1.89) - ules—Bag lots of new at wharf | Porto Alegre 8s 5 - g | & Indniies 4 3| per cent larger than they were in the P his n nterbor i e ey : 5 3 A ball il f 4 old at range of 1.35 to 1.45 per | Riode Jan 8s 1946. Great North cee 2 same month in 1924, sints for 1 Bl Miami Cop (1) ‘ bush, argoes on grade. Rio de Jan 85 1947, 3 3% | Great North 53s.. 4 100 ., | _For the seven-month period earnings | ciation for months. 1t : re v BK-Man T pf(6) = Mid-Continent 7 281 2 - new, yellow! spot, 6.25{RloGr DoSul$s... 2 6 ;‘l' -‘10”“_5;-" is. .. 9% e {from traffic other than coal and co wddition to posting actionary pmet B U e 9 % | Midale States. .. 5 | @ minal, per barrel; tra Sa0 Paulo City 8. DavansDRTAP 00 907 | B3INed §237,044.32, whereasreceiptsfrom | bandits, they have established seven some o v senli b Midiand B ot (18 vellos >, 1.26 Sao Paulo State 2 fud & Man ref 5&. . ? \ | coal and coke dropped $61,659.18, com-| patrols which visit “h member 9% 1005 | PATed With the corresponding period | hank seven or eight times each d Sharp Rally in Afternoon. Brunswick- Minn & St Louls. 2 e RS e L L e » Heriaiaty o o 3 2 > “2.. | Min St P& SSM. i 3 3 2415 ; No. 3, j BL: X 3. new, erbs Crot Slo 8s. . ! . 2 {in 1924. Not only are gross earnings | Furthermore, the police department Do gt o e Lo B . $IMStP&SSM pf. 57 £ b 5 ~Ne: . 1.10 and 1.20;Solssonss...... 5 ;:[(l?:l:r’;:';fl A 2 increasing, but the cost of operating | has stationed a dead shot within good fiioi 1oy by ‘the ‘Higk pricen ! Bur Add Ma ( ~ 9 5 “L-Kan & Tex.. 9 3 3 . no fl\lt’lh{fion!; h\«oden Bl,:cl . 6 Int l'iz Tr 68 stpd -4 c the property is being steadily reduced, | shooting d nee of each bank the S ials and sore Of the Tallway shares.|Bush Teras (1)s 6 il 1\&1";;; 45:‘.. 697 e (rl(y:;\(:“'}::\ 1‘1:\;0;.‘:;" le:‘:d re" . 15 s : by h: i i thus boosting the net earning power. | outlying districts during banki American Can ran up briskly to a | Butte Cop (50¢). 3 ssouri Pacific . s Saiat bitt prdcticilie At o 3 118 Int Rap Tran 7s. hours, with orders to shoot to kil wew high, and ( a1 e ex-| Butte & Sup (1). 10% Missouri Pac pf. % ;| this market. but’ practically all of the | Ud Kingm 5% '29. 118 1 I - 5 ¢ where an attempt is made to LR ey top without allowing | Butteriek....... Y s Mont Power (4). 3 9 product has been in a heated and|Ud Kingm 514837, 30 105% | Int & G Nor 1st és. 5 . SATISHED WITH RETURNS. | crime witn s i B vt for the Electric Bond and Share rights Montgom Ward. 1 6% n‘thvr\\rtl\ off” condition, and on 1}1,- Uruguay 8s....... 1 109 el tales % LIS ICthiC B ot A Share e { Caddo Cer ... s Moon Mot (3)... class of hay prices are very irregular | Zurich 8s......... 11 109 . RN s > e = Maryland Hay Prospects Ganeral Railway Siznal's wild swings | Cai 1 lr;: 6. 1z : 15| BTROr OB R e e Lwiar Kan City Ft8 45..) 3 Boa & | Baltimore-Washington Bus Lines| o, tho svernge tate or General Rail al's wild i\“ Cal Pete (2) 8 2 MotorWha(1.60) 2 after having been handled to improve MISCELLANEOUS. Kansas City S 3s. W 7l *: R Fi 5 . ConAItIoR. Gri HasTanaRk: in, MiL totaled about 10 points. White Motors 2 Titen Murray B (12.40) % 301 301 |its condition, has to be sold on its|Ajax Rubber8s.... 9 100 99% CanSEI o eport First Week's Operations. | mated by the crop rep was a_big feature in the afternoon, | : A 0 50% | ol _ % individual merits. Prices on old hay | Am Agr Chem 73s 25 103 3 3 <an City Term 4s.. 2 5 BALTIMORE, A 2 (Spe e AL S s rising 5 points, from where it was sell-| s 10 : ::"}‘fic‘:":l’;)l 15 5 ire fairly well maintained, with stocks | Am Smit & R 1st 65 . Lake Shore 45 '28. . 13 98 [rpe e e f=e Sy R N o B e g o 2 2 fClek it s being rapidly cleaned up. ) Am Sug ref 6s. 2 13 10215 | Lake Shore 4s'31 96% | gurated service between Baltimore Packar d the other motor shares I 5 sl Quotations today—} timothy, | Am T & T el tr {s. i T sl o 80 | Washington on August 3 report sa were sympathetically stro Sub-| Cas ) 3 s 3 5.00a17 E 5 7 e N uni 4s. .. 3 2% - : . = marine Boat touched a new 1925 low. | Cent Leather.. . 7 Nat Dpt Stores. . p ] \rlt“_ir‘l;:;;»:a -0 ::_:_2;:!;;: 1 OIS T e factory business during the first week | to save the crop from the persiste: B e g S e e o. L Kent closer: 4 0 el e z:.rlrk‘:t”s\l:); 8 9 < “I;\‘{‘ 0|;°rr.|(mr; Thel}’ sa) u;m "“l']w‘s r‘lar“ drought and the intense heat of Juns, d Worth ol Pump, American | Cen RRofN. 2 5 5 t Distillers pf S el X € e % Va 3 & 6 2 3 1 5%, edllb = s e e I" the United States De industr cohol Cerro d Pasco 2 2 215 | Nat Supply (3).. 57% | N at, 12.008 B s d oy ab s 116 188 MEET dios g er of pe: e Washingto A condition of §5 on August 1 sy, and Industrial Alcohol. M':;‘::n!lvl'raed(l:)) : CSvata o oper. g No. 1 oat, 12.00a13.00 :n:conf{-t 5“"1(»:- HIMK&TprinssA. 93 5 | Motor Coach Co., which also opened a | gests a ,,:Dd.: m (',.- ;z-’rmn‘ (,‘.fg GAINS AND LOSSES NOTED. | Chandler (3).... 5% 2 3 Y Y Air Br (4) 9 S i N A R )\" o8 2*;, S MK&T6sC... L 0; 1({'5‘1‘ line from Annapolis to Washington a | Production last year was 740.000 tons hioi). . % 105 N Y Canners (2) American Sheet and Tin Plate Co """’“fh i _ | Mo Pacific gends.. § 4 43 64% ] week ago. was, it is repomed, unable | and 000 tons is the =R 8 s 2 ; . Y Central (7). 5y | has resumed operations at four tin :r""{“"l ;OJ!‘-e:u 5 Mo Pac 58 1965. . 86! | to carry all those who sought to use | quction for the five vears from New Low Levels and Peak Prices in | (1% & O etfs. g |NYC&StL(6) 13 3215 13 plate mills at the Monessen. Pa.|ASsoclated Ol 6s.. Mo Pacific 6s. 100%s { the line. lto 1924. Pastures suffered Contrast oy L E s works, making 21 out of 25 active. Atlantic Refin 5s. 1o Pacific 65 0t 99% | The Van Dyke Bus Linesareawaiting | from the drought S DR Chi& Altonsr. L N 'Y Dock pf (5). 6812 68% o ) Ball Tel Pa 5s. 3 | Montrl Tm 1st 9 964 { the results of their first few months | belated rains are c "NEW YORK > Heavy | Chi & East Il... 36 3 s | N Y NH & Hart. : . Trumbull Steel is building an HelnStacinmes. | Nassau E Ry 4s'57. 3 0 50 | of operations before deciding whether | improve. NE K —Heavy | (i & bast Ll pf. 46% 46 b 8 .| N Y onawn (1), - - ditional blast furnace and plans con-| path Steel rf 5 96 q | New Or Term 4s... s 24 | or not to establish hourly service. This 5 Hauidation of the e e : 5y | N Y Shipbld (2). 5 struction of seven or cight hearth fur-| Beth Steel s £ 65... 7 3 31 [N O Tex & M 5s B.. ., | would necessitate doubiing the num.; Business on Local Exchange which v‘h.lnvn” ; ra ”vr’ he | Chi Gr West pf - + orf & West 334 13 : naces at Warren. Ohlo. Brier H St 15t 54 2 NOT&M5% E ber of their cars. ; On the Washington Stock Exchange vear, amd exten accumulation of | Chi GF West y orth Am (3.40) 5 Bkiyn Ed gen 55 9 NY Cengen3d —_— | today, with but three active issues, the Southern and “hi M Stp « | North Am pf (3) Brooklyn U: 5s. 58..... s st of A Tiers were the contra o et Vorth Pas (5). Buen 1 RIGE 060 T : =| ALASKAN MINERALS DROP. | 327 Shevor ofRivee “Nationnt Mok { Chi Pneu T (5).. 101% A A % | Nunnally (1). S N Calif Pete 6135. ... 3 brought 360, the new peak established Signal sc | 43 L Sterling Prod (4) E s NY Chi & St L 5%s P lished ChiRI&Pac... 47 Onyx Hostery 3foti-Warner(5) Cen Leth 6s'45 cfs S LS;‘: e - Production of Mines in 1024 $17,- erday, and five shares of Capital N Y The Wabash stocks were the most ominent in the ra vy division hey were being bot ' theory 5 & et (6). that, even if the road is not te | Am St E a handi carel eut rea ¢ . as re h the 10-year StOIlNJ (1) St Oil N J pf ( Std Plate Glass. ‘ ~a o o @ 9%, broke to 276 and then | o 5 2 B g - g x CRI&Ppf(6). 8& 85 Onyx Hos pf (7). Stromb Chile Copper 6s.. ction brought par and a quarte Bo0.. \ll‘.yyi sales approxi- | Gpiscp M&0. . 45 c o 6 6 sfi.r.'é'.'qf:{fr‘f";_'_ . B |cinGEs%ss ha L shares, | Cni Yellow C (4) 46 5 5| Orpheum (1.80). 2 $% | Submarine Boat. | tE e R UL 3 Y Rys 6865 5 i : bl shares, § onnde (125 57% 5 5 Ommeuw,(fi, 5 3 2 Superior 011 3 ‘ Commonwth P 6s. . SrBCR AN, ... . Production of minerals from Alas T. Hunton Leith. chairman of the coincident with of merger | Ghile Cop (25 5 e Bt 7 - ConiC Tt TatEe v ¥ State Ry 4145 kan mines declined nearly $3.000,000 | educational co £ 1 and dividend rumors, steadied the 1ist | Ghrsaior o = : S Con G NY 5% wi. . 82 3 [N Y W& Bos4iss! {in 1924, as compared with 1923 Shiot e e nd turned ti - O Drices | o1 b o s OtisStes] pf. 212 Symington A (2). B ey S a0s i o & Wi en s e ane s o pa ac- | chapter, American Institute of B: and turned 2 £ prices OwensBot () S 4 Consumers Pow 51 Nopolak e s cording to the Iatest compliations of | ing. has called a meeting of his aides 1pward before , ‘enn Copper 3 “ub: ecv7s... 9 h “ the Geological _Sur s o pos Batonty hour old. < & Pacific Gas (8).. 4 | Texas Co (3). gfih:g::e cvd8s Northern Pac 4s. 84 844 | mines prom;xced s!?ufi‘. 3 “.:\:1\1kdnr;!; mg‘::.df?r SeeRIToRciof constiu Foreign exch . sy, o} Fuel & Tron. 3914 | Pacine Ol 3). .. 3¢ | Tex Gult S (71 Sl Aoy 2 2 Northern Pac o8 950" 864 i arals 11 T934; auminet $20830 643 o T o oos farithe [ollowing mand s s 16| i 631, Packard (11.70) . 5 | Tex & Pac C & O. Dery (DG) T Northern Pacr i 6s. 104% 104% | worth in 1923. The territory has now | - TL.oi - ¢ 5 = 2 23. v has now |~ Lois A. White, newly-named editor and Fr : en 1Col G & E (2.60). 5 fialgiMané-fl). 2 21': | Tex & Pacific. .. Det Edison ref 6s.. y Ore & Calif 1st 5s. . 100% 100% | produced since 1880 minerals worth |in-chief of Dollars and Sense, (‘rw‘ of. Profes: ” t-{ Com Solv A (4).. 8 'an-Amer (6)... 6 3 Third Avenue. . 2'3 | Dodge wi 6s. Ore Short L ref 4 97 97| $535,084 ! ficlal organ of the local chapter, will ently - hamme: 3 res, both | &, A 24y Pan-Amer B (6). Tide Water Oil. . r Steel 7s. . = % C % e = T, SR 1 ires, both | Congoleum (2) A Donne: Ore Sht L cn 55 '46. 103% 103% ‘opper, with an output of 74,074.-|assemple her assoclates tomorrow the Pan-Ame « . Producers | o ear 5% | Park & Tiiford. o 1% | Timken R B (14) 4 Du Pont de N T138. Ore-Wash 1st rf 4s. 82 82 | 207 pounds, was valued at $9,703 [ night to map out plans to make the and Refine Standard Oil of Cali- | Consel Cigar. ... ark & Tiiford. . % 28 | Tobac Prod (6). Dugquesne Light 65. 9 P ol s 98% 93% s cd | % 2 ke, - T iy low Jevels | Consol Distribut Pentok i Forh 5 8 q ennsyl con 41s. . 34 [ and constituted the most valuable | publication bigger and better. forna all collapsing to new low levels | Consol Distribut 4 > oo Tk Peisbiron (.- £st Cuba Sug 7%3. Pennsyl gen 413s. . 91% 91% | mineral produced in Alaska in 1 “K'n”." B ax wad steady. | Divine | Consolmextile: - 4 3% | Penn Seab Steel. A Sty EmpireG & F 743 4 10414 | Ponnsyl gen Gs. . 100% 100% | Gold production, consisting of 304,0 — = he closing was steady. svin, . +4 | Fisk Rubber 8s..7. 3 Pennsyl 5564 874 97% | ounces, was valued at $6,285,724. Gold NEW YORK PRODUCE. o % aere widel St nt Can (4). 7% | Peoples Gas (8). 5 Underwood (3) = X o rders were widely distributed in the | COntCan (). : e tah ke Un Bag & Paper. Francis Sug 7%5. . 5 | Pennsyl 614s. 110% 110% | output in 1924 was larger than inf . " : 1084 1084 | 1923, due mainly, the survey said, to|, NEW YORK, August 12 (Special) last hour, the oils responding briskly | Sont Mot (80 : 2 9 0 Union Oil (1.30) . 5 . Goodrich 615s..... Pennsyl gold covering operations while | Corn Prod (2.~ 22 % Do) : Un Paclfic (10). . 5 1407 Goodyear 8s 1931. . Pere Mrq 15t 43 80% 80% | activity In the lode mines in weutr | The market for Catskill Mountain ie issues and Chesapeake &) (Ine'MCr " x % | Prg O "‘5' 2 o Un Pacific pf (4) Goodyear 8s 1941.. Pere Marq 1st 6s. .. 97'a 97% | eastern Alaska. G cauliffower was again entirely in tha sl iu‘kl-n i large | Cub Cane Su pe. . Phflaal:[(( C&1 5 3 Un Tank Car(5) . 123 3 | Hershey a'ug:rzi % Reading gen 4%s 3% 93% buyers’ favor today, with commission 19 last named reachtng™a| ey iivn Gug 2y, 28 5% 2 2 o) 2 P Utd Alloy Steel. Hershey 63 1 ! RIArk &L 43s.. 86% 86% merchants accepting the best obtain 1 hizh at 106 el o e e e o Tta Clgor (13 %) . 79% 181 o1 |HumbleO & R5Ks 4 101% |StL TM&s #5729, 94's 934 SEEKS LOWER RATE. {able pr A large volume of the = Phoenix Hoslery 3 3 a8 | United Drug (7). 129% Iilinols Bell 1st 3. 2 L IM&S R&G 4s. 86% 86% | best offerings wholesaled at = UtdDrug 1st 3% . % 5 A Indiana Steel 5s... 2 i 5 . 7 5% Thls 2 ST §2.50 per crate and off grad Utd Dyew pf (1) Int Mer Marine 6. 3 S S F %9% 89%| OSLO., Norway, August 12 (®).—|down to 50 cents . ; Plorcs OfL ot US Cast Iron P. 4 14914 | Int Paper 55"47.. : 5 98% 9815 | The Oslo municipality has published | The tone of the market was steady | Del & Hud (9). .. 149 e idBle | SR O DE USCIPpf (1), Inter Paper 6. 5 9 StL & j6s... 923 921 | NOtice of its intention to terminate |on well-colored red apples, but sliz | Del L& Wn (17) 138 13 3 Pttt s & U S Distributing 31% | K CP & Lt 55 A '52 v S 94% 941 ) the $5.000,000 8 per cent loan raised | Iy weaker for green fruit. Reds fhu Gio; Assosisiol Fresk | B EG VYAt DE. .- L B8N Pitts Ut pf 11.20. 14% 4 U S Express. ... Kan G & E1 65'52.. 2 213 1024 1023 | by Kuhn, Loeb & Co. in New York in | realized as high 8s $2.50 par buehel New York—Stocks irregular; rails | Detroit Ed (8)... 129 12 29 12 Pitte s eat V. 1 B 70% U S Hoft (2) F 914 | Lackawa S 55 '50. . 2 St l.b\v con 45°32. 89 89 1920, which is redeemable October 1, basket. Other varieties brought from &trons; nine oils at new lows. Bonds | Dodge Bros CIA 2 264 26| o e Cor (4). 1 44 U S Ind Alcohol. 4 Lacl G ref 65 '34. . - " Seabd A Lref 4s. .. 0% 71 f19 The municipality intends to |$1.50 to $2. firm; C. & O. convertible 5s at 115%, | Dodge pf (7).... 82 82 | Praxeittast Oar U S Realty (8).. 136 Laclede G 5%s '52 Seabd A Ladj 5s... 45 81 81 |raise a conversion loan at a cheaper | Cucumbers and pickles dragged at @ new high. Foreign exchanges e Dome Mines (2). 1 % | Pr St Car pf (7). % 76 | US Rubber..... 36 5 5% | Liggett & Myers 5s Seabd A L con 6s. . 92 94 |rate of interest. 50 to 75 eents per bushel basket, allied rates y htly. Cotton ad. Dougiest it D 2l e 21 Prod & Refiners. 15 U'S Rub 1st (8). 3 3 Lorfllard (P) 5s. .. 5 Sou Pacific 45 '29. 96% 95% otelte = Clapps Favorite pears were' dull vanced atures causing | Dul s an. - 5 pub Se E: ; 614 U S Smelting (3) lard (P 7s. .. | Sou Pacificclt 4s.. 2 84% B4 around morning business at $2.50 per redding. : B " Dul S S & Atl pf. sy o ¢ it | U S Steel ( 2 Doniee G & B on'6s Sou Pacific ref 4s. 88 sy | GERMAN BONDS AND STOCKS. | juahei backet ezt housa sell Coffee lower; easier (10)... Pub S N'J pt (8). " 5y 114% | U S Steelpf (7). ’ L Manatl Sug sf 7%s. > Southern Ry gen 4s 1% Ti% | (Quoted in dollars per million marks.) The demand for lettuce was again Brazilma market Pullman Co (8). o Universal Pips.. 33 g % | Mid-Con 6% '40 9 Southern Ry 1st bs. 1024 1024 | Blg | slow and only a little of the very Chicage — Wheat stroi bullish n(18)... 107% Punta Aleg Sug. 341 | Univer P pf (7). s T4 73% | Midvale Steel 5s Southern Ry 6sct.. 106% 106 | Ger St (v In) fa1014-18 J:g% -00 | fanciest offerings reached $1.50 per cash situatlon. Corn declined: good | Eaton Axle (2).. 18 1 Pure Oll (1%)-. 2514 | Utah Copper (4. 9 Montana Pow 55 % Southern Ry 638 108% 109 | Ger Gt £.0, Cigreed 10801 7 crate. Most of the transactions were rains, tle irregular. Fogs lower; | Elec Powr & Lt.. 34% 847 3 B ma S Util P&L A (2) 3 Mor's & Co 1st 4348 Third Ave ref 4s 86 65 | Ger Gt aise Filam n) 40 | made at §1 to $1.25. limited shipping demand. EIP&Lpf (7).. 92% 92% 92 S - NY Edbs'44 wi... Third Ave adj 5s. 89 39 " agliars "be? thogsand X R o Vana 2 | Ger Ge El 4 E P&L pf 40% pé 108 108% Badio G p Cads ): vanadium ( Y Eden 18t 6345, Union Pac 1st 4s. 1% 914 | Ger Gen Fice arge fotor 00 Elec Str Bat (1). 64% 65 - - SRS TI1Cefs(4). Va-Caro Chem. . Wl 2 : Berl : : Ry S o (39 § Va caro Chiem 5. NYGELH&P4s. 1 & Union Pac 1st 1t 45. 84 84 | Berin de prowall S0 02| SHORT-TERM SECURITIES. CHICAGO LIVE STOCK MARKET | Emmerson Brut. & 4 SOEIE L Va G gt 10 168 NY Tel6asL.... 21. | e Wi ST S 2 > e Emmerson B pf 1 2 Y 7 o . | va-CarCh pf cts. 13 N Y Tel6s’49..... 109 Unlon Pac cv 6s 103% 103% | North German Liord 4% 3 (Quotations furnished by Redmond & Co.) CHICAGO, August 12 (United States | End John (5) . 67% Dom (Do 4 héimen M gtin 16% North Am Ed 6s... s | Virginia Ry 1st 55 97% 984 | North German Llogq Department of Asrviculture).—Hag . 2 32 Reading rts. 2 North Am Ed 63,8, Va Ry & P 1st 5 96% 96k | Rrussian Consols 43 Bid Receipts, 15,000 head; slow, uneven, ks 31% 31% Desiiae 16 ) 4 . 41 | wabash.. W 40% Sor Ohlo T & L 65. g Wabash 2d 5s. 96 96 | Dusseidors Cwar X 00| Aarand ol K. 0:%8 1080 moslly 16 to 20 lower than Tuesday's ; =% obt Rels & Co. 22% 227 | Wabash pf 2% Nor States Pow bs. i Wabash 5%s 75. o 96% 964 | Erankfort a3t 4 pre-war Amor. Beet Sugar i 10: average; lightweight show most de- | Erie 2 3 10% Emming oy Wabash pf B. 55 Otis Steel 85 Western Md 4s. 644 643 [ Munich 4s pre.war . Am. Tel. & Tel. C clines slaughter pigs steady to 10 R ke Replogle Steel. . 5 | Waldorf (134) . 14% " Western Pacific 5s. 92% 925 | A“E'G (Ger Ca Eler) iR 00 | acsconds Coppes @ lower; shipping outiet narrow; bulk Siiiie o Rep Ir & Steel... 1% | Ward Baking A 156 [Edciie Can 1 s West Shore 1st 4s. . 214 8214 B2l | Commers and Brival B | Baltmore & Ohio o good and choice 170 to 210 pound |E3mousPl(8).. 107% 109% Reynolds Sprngs 87 Ward Baking B. 70% 5 EEcTL & BESE. .l Whel & LE rf 43%3. 77 77% | Disconto Gellachat....... 9:00 | Bethiehem Steel 5e 1 Weight, 13.80a14.00. practical top, | L2mous Pltu pd. 104% 107 Rey Tob B (3).. . 2% | ward Bak pf(7). 109% 1095 | Pan-Amer Pete €5.173 105% Wisconsin Cent 4s. o e Gontral of Seorsis @ 14.00; majority desirable to 300 |Feder Lt (11.40). 29% 29% Rossia Ins (6).. Warren Co (4) .. 4814 s | Peoples Gasss. ... 4 ok ] Deuteche Bank_ .. 26 aaon G & pound butehers, 13.50a13.70: packing | hed IRDL(D) . 67 574 Royal Deh 1.73% 5 487 West Pen (4). 2 113 | EbllaCos%s 3t 1 ———— Mercur Bank Viemna. (.l 1. 196 | ity of Eoops § sows larzely 11.80s ; bulk 115 to | Pl Ehnentc {6)F EE L n St Joseph Ld (2) 5 West Maryland. 15 16 hila Co ref 6s A. . 1 LA 130 pound y 13.90: | r:;}:e;n“‘bc‘::r“’ = ;‘I&; StL&San F (5) 93 L | West Md 2a pf.. 221 224 228 F:’el::e&‘l}_g&&u’ Ss ; AUGUST STEEL SHOWING. STOCKS EX-DIVIDEND. bu Pont gy - 13.20013.75; medi- | oil 1 15t of (1) 106 108 StLEouttwest. £ e TmoN 2 122% | p'Serv Gas 514559 20 S s Date Corporation. Per share. | Federated Metals i, 8 + 124041400 | pleischmann (1) 98 98 ST Swn pEC8). o st ) 125 1513 | Public Service 5s.. 1 NEW YORK, August 12 (P).—|Auz. l4—Associated 004 f;‘;,“;’."{:,,?,,eé;. i Labt dent '0: packing hogs, | poundation (8).. 126% 126% 124% 12 g‘x‘ff’:{;‘;‘ % 1005 I Weatiighs (Yo 781 743 | Public Service 6s.. & “August developments in the steel R . -S180 |G o) ot Pa biss Bt B2 S0aTE 0 plEs, 13 01 | Frank-Si pf (7). 105% 105% el SN 25" ‘Saw S| Weston Elec.... 17% 18% 17% 18" |PubBerv Elec s... 20 {trade mainly repeat with slight in-|Xug : Hocle, Val R B relERiy steers. fioms Gihora S0 yers | MEsenort ez SRIT L " | Seabd Air L pf.. Weston A (2) 26= 254 25% |PServGas5i '6d. 9 4 G ee I o ORI ol o et iona 1% far Corp pfd..". Humble Oil ngs uneven, about steady: 60 fed | Gardner Motor.. 9% 9% Seagrave (1.20) . % | Wheel & L Erie. 206 19m 80 | Punth Alegra s, 2 L e g o S il = o e S ESLR &S Towa matured steers, 16.10 to Eastern | Gen Am Tnk (3). 45% 45% Sears-Reblk (6). i Wheel & LEpf.. 43% 44 431 431 | Remingtn Arms 6s. e Gmber it ot diBEc: sreatls ia e : New York Centra B6 irazs seceval s o 16.00 | Gen Asphalt.... b2t 53% Shattuck-Ariz. 6 | White Eagle (2). 26% 256% 25% |ReplIr& Steelbs... 1 95% e o e % 3 Qrewron Shert L Rest. yearlings, earl : Western | Gen Asph pf (5). 96% 96% Shattuck F G(2) 6% 87%| White Mot (4).. 90 93% 894 91% |Saks&Cosfis.... & 1 '3 3 Y e il Shaciaix Cr. Ol yearlings ot ) ; S i % - Sinclair Ofl 6s. . .. 203 Summer months, The fact that the e AT 1 inmny inclaiy Cr. * ’ 5 = | Fen Cigar (8)... . Shell Un (1.40).. 2 2 v .. » 3% 5 - | 13 Househo) rod- ot iten S s stne Slectric (8). 815% 321 Shell Un pf (6) .. 2 | Willys-Overld... 18% 19 18% 184 |Sinclair Oil7s..... 30 number the unfavarable is emphasized | {45 13 Hiiang Qcber I S ber Gen K ) - 2 o W o SinCOPL6s'28.. 33 in producers’ forecasts in the absence 14—Int. Shoe Co. pld . : . dumps, umeven, lower; vealers, 25|Genllspecfte- M 11K e e oo b Wilve 20 W) IDLEAIIL AN 1084 | Sin Pipe Line 5s... 25 of 'well defined signs of @ broader | Auf Li—Lima Locomotfve Works ki e Rbveime 15,000 head: fat |Gen Mot pf (.. 1124 112% 112% 112% | Sinclair Oil » 19% | Woolworth (3).. 164% 1643 1621 1621, | Skelly Oil 6%s. ... b e i e amp o ol Ane g4 et puees e z e 2).. 47% S| y Oil. . g 2 Worthn Pump... 39 39 854 1 | South Bell Tel 5s.. 3 By lambs active, stropg; desirable na- | G¢% :’;;‘g."“g(‘s',”:;;m 319% 276 ShoasSheft (63 Wright Aero(). 21 27 4% 4w | So Por Rico Sug 5 104" i | rather than price advances, is the R Sores't o L E TREASURY CERTIFICATES. tives, largely 14.75; some held above|ge, merrac(s).. 45% 45% 45% South Por pf (8). i 110% Yellow C (2.52). 41 41% 41 41 |Southwest Bell5s.. 38 99% 99% aim of steel producers. Aug. 4 T, . z s, iy . . . | Tt R Ce > z tations furnished by Redmond & ) 15.00; good range lambs, 14.75; sorts | 5irie) Bros b4, BA South Pac (6) . Youngstown (4). 73% 73% 73 73 |Sug EstOrient7s.. 1 Finished steel, as measured by the (G S Rednaie e C“fi s 1 e vew Havencd6s.. 11 § 9 457,333—Less Than 1923. Capital Traction 5 per cent bonds Ont W ist 43 sold at 983 L7 2L A 222 - arfiefanatotioraal Swea Danlel Boone. .. % “he 3 2y, | Plerce-Arrow. .. Davison Chem .. De Beers (1 Pierce-Arrow pf. PERE P 233323352 333232 A o zenerally more moderate: most cull | Sat00 o B Tenn Elec Pow 6s. Iroh Age composite price, remains at 14— Do. ci Bid. natives steady at 11.00a11.50; no |JiBter (1%).... 46 46 45 . W40k} Southern Ry (5). 100% S Tide Wat Oil 6%s.. 1 2.439 cents per pound for the fourth 14— Bo b : e = 5 Glidden Co. 22 2% % | South Ry pf (5). 90% tPartly extra. tPavable in preferred stock. oo % it | Aug. 1 Do: Cifa o7 ‘deb. bid. early sales feeding lambs: fat sheep |giqqan Oy " =%, =50 i | Spicer Mfz. 3074 4 Dividend Fates’as given in’ the. above "(abis | Toledo Fn 1st T siidoeskiye Weslc: < One, year: ago it 14—pacific M about steady: handyweight Western | o 1/ of® 12 42 Spicer pf (8). ... 106 b 6 | are the annual 3jments based on the | Union Bag & P 6s. . ‘was 3.2 per cent higher. The pig iron - % L % . bal I I ewes to traders, upward to £.00: bulk [ G008 DO e cis BhL S B3l g3y | Sta Gas & 13y, 86% lnm.n?):gt.err‘llylvorno vearly declarations, | United Drug 6s. ... composite price has advanced to $19 Of s ? add lots vatives, 6.50a7.50; heavies, | Goodrieh fta (). S5 o3 BrOf Calif (3).. Gon Vidends are ot included. ecial | 'S Rub 1at rf 6s. . from $18.96, which price had held for s 2 & E 5.00 downward. five weeks, _ m E 1927..0