Evening Star Newspaper, August 19, 1925, Page 20

FINANC WEDNESDAY, AUGUST 19 :Bonuw S ONDS@ WARNS OF PESSIMISM. | “Don’t Be a B 2id Deutsche- Received by Private Wire Direct to The Star Ofice, e Read bank's Advice in Berlin. UNITED STATES, BERLIN, August 19 (#).—Don't be (Bales are in $13000, Lear, is the advice given bourse Sales. High. pessimists by the Deutschebank's 34 100 29 monthly trade review, which es no 20 10132 cause for dejection over the German Lib2d 43%s. 97 100 81 economic outlook. Professional bourse Lib3d ¢3s. 42 10116 pessimists are reminded in the bank's Lib éth 4% 209 1028 bulletin of the excellent cren U'S4s1944. 68 102 2 pects and that the German US4%s'52 44 10612 | Deficit Due to Slump in Pas- loan, which was issued at 92 ha the first time touched 100 FOREIGN, Sales. High. Low. Close. senger Trajc and Increase European politics in the opinion of 4 88 88 8 the bank’s experts also show indica in Expenses. . tions of more hopeful development . .22 96% 954 85% 17 96% B64 96U There has been only 1 per cent in- | " 24 9t 954 95 drawing doles dur July espite the 1mmp in pass . 5 102% 102l 1024 shutting down of many 82 99% 99% 99 The workless miners la 2 9 98T 9874 | baen absorbed as harvest ha 29 99 89 86% 86 6% 92% 924 924 5%,| GRAIN AND PROVISIONS 0 S0, A 116% | BALTIMORE, Md., August 19 (Spe 1094 109 109 | Congd Pac deb 4s. - Tow 8o |ciall—New potatoes, b 1758550 107% 107 107 | Car Clinch & 0 6s. 107% 1073 | culls, 00, Beans s ap e entorGasys.. 105" 102" |bushe 1 i504s :;: g; g2y | Centof Ga és 102% 1027 106% 108% 108% [Shes & Ocvals.. 9TH 9Th 98 91 971 |Ches& Ocvss. 114 115% 102 101% 101% | S B & Q-Tildivds. 90 90 T02% 102% 102% | Chi& Alton 3s.... 64 64 101 101 101 |CHIB&QIstress. 1025 102% 109% 1093 1093 | SN & ETgnbs.... 4% 745 | 110 109% 110 | Shi Great West 4s. 64% 64t 4 [CMastP4ss.. 7% 41y 984 934 98% 984 101 101 100 994 98 99% 109% 109% 103 108 110% 110% 100% 1004 100 100% 102% 102% 1024 10244 105 106 937 93% 92 92 91 90% 100 100 1047 97 87 9315 964 8845 CIAL. THE EVENING NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office STAR, WASHINGTON, D. C RAIL OBLIGATIONS LEAD BOND MARKET Ail Belgian Issues Higher Due to Agreement Effected for Debt Refunding. FINANCIAL. RAPID TRANSIT GO, EARNINGS DECLINE Sales. High. Low. Close. 9 108% 106% 106% | a 10 99 98% 98% Wilson&Co. cv 73%s 8 9% 694 69% Youngstu S& T €s. 25 100k 997 99% RAILROAD. . Ann Arbor 4s. .. P M Atchison adj 4s. . 2 821 82% Atchison gen 4s... 27 89 89% Atlantic C L 1st 4s. 16 90% 91 Atlan C L 438 '64.. 12 911 9l Atlantic C L 3 107 107 B&O Gold 4s.. 4 B1% 8T% B&Ocvil 54 924 924 B&Oref5 90% 90% B&OlIstisct 100% 100% B&O 6s. 103 103 B&Orfimp6s.. 101% 1017% B&O Sw Div 5s cfs. 958 B &O Toledo 4s... 71 Bklyn Manhat 6s. . 89% Buff R& Pitt 4,48 86 Canad North 63%s 117% Canad North 7s 115 Close. | 654 | Hudson Mot (3). 93% | Hupp Mot (1)... 58 | Mitnots Cen (7). | IndepoOnl (1).... Indian Motorcy. Indian Refinjng. Indian Refg ctfs. *Ingersoll R(8). Inland St (23). . Inspir Cop (50¢) Interub Rap Tr Internat Agri... Int Bus Mac (8). Int Cement (4).. Int Com Eng (2) Internat Har (5) Inter Har pf (7). Int Mer Marine Int Mer Mar pf. Int Nickel Inter Nick pf(6). Int Paper. Int Shoe (5).. .. Int Shoe pf (8). . Int Tel & Tel (6) Jones Bros Tea. Jordan Mot (3).. KCP & L 1st (7). Kan City South. Open. High. 651 6512 91 N 58 58 58 10% 11 10% 114 112 12% 11% 13 934 85T 106% 21% B4l 87 321 118% 1o Westinghouse 7 )itibi Pow (4). Wilson & Co 1st Exp (6).. ey pf(3) da (1).. Reduc (4) Ajax Rubber a Juneau. . d Chem (4). Chalm (6). Chal pf (7) 1 Low. 100 27 101 27 100 29 10118 1024 102 22 1088 Close 100 27 101 27 100 29 101 14 1028 102 25 1068 Lib3is. Ad ‘T Lib 1st 438 Score or More Issues at Best g Prices, With Profit Tak- ing Evident. BY STUART P. WEST. pros BY GEORGE T. HUGHES. Dewe Special Dispatch to The Star. i NEW YORK, August 19.—Railway obligations were the features of the bond market today, the leaders being Delaware and Hudson convertible bs, International, Great Northern adjust- ments and the St. Louis-San Francisco incomes The most attention was attracted by the movement in the Delaware and Hudson issue, which, although a high- grade bond, sells on its conversion privilege. The price today touched 108, which was within & small fraction of the high for the year, but while this was_Ning on the stock laggzed behind. It is unusual for an advance in a convertible hond to precede the corresponding rise in the stock. The International Great Northern adjustments got above 76 on the belief Kan C 5o p (4. that earnings were approaching the ser (i), 8 point where the directors would be Kayser (J) pt(8) 5 forced to declare the full 6 per cent Kelly-Spring. ... interest to which these bonds are en. Kelly-Spring 1st. titled. The next interest date is Kelly-Spring pf. Aprill, 1926, and, according to the Kennecott (3). .. latest ‘estimate, earnings for 19 Keystone T & R. be over 13 per cent the Kinney G R (4). ment bonds. Selling at 7 | . price wa points below the high of f:;;?\"&aflu&} the vear. Activity in the St. Louts- Tarsem & ne (s San Francisco incomes was more mod. | Lis & My B (10) erate and probably in sympathy with Lima Loco (4).. the buying of the stock Foevs Tiic.(0) All five listed Belgian Long Bell A (4). higher in response to tk Loose-Wiles. .. . ment of a satisfactory Lorillard (3). :"'l'"ik’}'\’l’“i" for orillard pf (7). gar ol Eerlih A on . the 6s, the 61%s and the new 7 il s ChL ik In the highgrade domestic group Louls & Neh (6>, there was a little better tone. Bonds Fnanin oy legal for savings banks were reported n small supply. Quotations, however, McCro B (1.60) .. were not greatly ‘)‘mv(gc‘d - Mack Trucks (6) Among the day's new offerings were Hack Tris 1st pa $4.000,000 Mississippi Power 6s to Macy HR & Co.. yield 5.50 per cent Magma C (T5¢). Mallison & Co Manati (5)... Manati pr (7). Man El Sup (4). Man-Elev gtd. .. Man Emd g (5). Maracatbo Oil.. . Marland O (75¢) Chm pf.. J Argentine 55 Beet Sug(4). Argentine §s '59 Argentine 6s A HAEFFER ngers carried and Argentine 7s. 3 4 an Aus govt 55 '55 Austria 7s. Bank of Japan . Belgium 6s........151 Belgium 6345 wi...106 Belgium 75 wi. Belgilum 7s. Belgium 8s Bolivia 8s. Bordeaux s Brazil 7s. . | Am Exvress (§) Am & For Pow. . Am Hide & Lea. Ice (7). Am Iuternat| Ax.l,u.n(ns) m Metal (3). 00. Carrots dozen, 6al0. Celer; Cucumbers, basket basket Letiue Lima s, bushel Dbushel, 150a2.00 20a30. Onions, Squash, basket hamper, stock, | Apples, 5081.75. -Peaches Damsons, basker 85. Cantaloupe crate, 35a1.00; bas Hu berries, quarf, Z0a25. Plums, bask 30a50. Pes hel. 2.0022.50; bask Canada 58 1952, Canada 5% % 1929. . Chile 751943. ., Chile 8s 1941 Chile 851946 Chinese Gov Ry Christiania 6s..... Copenhagen 5%s. . jCubasis. ... Czecho 85 1851. .. Czecho 88 1952 ct. . Danish Munic 8s B. Denmark 6s. Tenmark 8s DEI5%s Mch '53. DE15%s Nov '63. [Ar Ship&Com. . Am S & Ref (6) . Am S & R pf (7). Am St1 Fdys (3). Am Sugar. .. Am Tel&Tel (9). Am Tobacco (7). Am Toba B (T).. Am WW&EL1.20 « Am W W 1st (7) g bushel 15 934 981 101 9944 99%4 1094 1024 1104 1004 1004% 102% 102% 106 9% 9lla 90% 9% 104% 96% 87 934 96 884 934 92% 8 34 . 954 103 108% 82 95 100% 100% 1014 1104 its ad bushel The for iy and We which Texa 30a50 Am Wool pf (7). Am Zine. . Am Zinc pf Anaconda ( Ann Arbor. Ann Arbor pf. Archer-Daniel Arch-Dan pf (7). Armour Del (7). Armour 111 A(2). Arn Cons&Co. Artloom Corpn. . Artloom pf (7) Asso Dry G\l“-) Asso O1l (2). Atchison (7) . Atchison pf (5). Atl Birm & At. Atiantic C L(18) AtlGulf & WI.. Atl Gulf & W1 pt Atiantic Refing. . Austin-Nichols. . Auto Knitter. ... Baldwin L (7).. Balto & Ohio(5). Bang & Ar (3) Barnsdall A. Beech Nut(2, 40) Belding Bros - u Wate: Selling Prices at Noon fesues went announce angement funding the Belgian The gains were largest in Gulf Su more favoral coming di tion on_stoc Stat - B mmo-BRacSaRoe ChiTH&SEbs. Chi Un Sta 43%s. . C&WIsk%s'62 CCC&StL6s. . CCC&StLrfosA. Cleve Term 5s. C&sistes'as.. .. Colo & Sou 43s.. Del & Hd 1st rf 4s. Del Hud cv 65 '35.. 13 Del & Hud 5338 D& Rio G Wst 5 Erie 1st cons 4 Erie gends... Erieconv 48 A Erie conv 4s B Eris conv ¢s D Erie (Pa)cit tr 4s. FlaEC5s'T4 FlaW &N 7543 Great North 5s Gr Trunk sf ab 6 Grand Trunk 7s. .. Great North 534s.. 13 Gr North gen7s... 14 { Havana ERL&P ‘50 18 Hud & Man ref §s.. 13 timothy, 21 Hud & Manaj5s... 14 3 timoth 10} Cent ref 65°55.. 24 clover mixed. 1 11l Central 5% 2 18.00; No. 1 ¢ 111 C-C St L&NO 56. 25 Stra Int Rap Tran § 35 1 cat, Int Rap Tr bs stpd. 12 Int Rap Tran7s... 15 Int & G Nor 1st Int & G Noraj Kan City Ft§ 45 nsasCity S 5s... Lake Shore 45 ‘38 . Lake Shore 45 '31.. Dutch East T 63 '47. El Salvador 8s '48. Finlands 7s Framerican 7348 French 7s : French T%s French 8s. 34 German 7s 187 GerEl16158'50 wi.. 8 Ger Gen Elec 7s....126 Haiti6s. .. 7 Holland Amer 68 6 Hungary 64s..... 24 93% Japanese 614s..... 30 93 Marseille §s. 3 B4 Mexico 5s assented 21 34 Montevideo Ts. 1 95% etherlands 6s°54. 24 108% etherlands 6s'72. 12 103% ord 6'4s 82 Norway 5148 w 95% Norway 65 1948 100% Norway 6s 1944 100% orway 6s 1952. 101% Norway 8s........ 33 110% Orient Dev deb 6s. . 854 Paris-Ly's-Med 6s %% 85 844 100% 674 6% 92% 108% 9414 92% 102% 99% 8kly E83% 1014 1047% 102% 115% 118% 108% red Winter, spot > red Winter, ao erican Smelt- gar ool, M Pierce-Arrows ctric_and Gas ferred ran e the - and Public 27 preferred Cargoes up about ga 148 Corn—cCot and 6.5 vellow, No No sales Oats—No 491%; No. 3 Nearb e, 8pot, nc —Receipts tion of new hax market ha n; t 8s to the better were maintained d National Lead Advances. National Lead was a leader among the high-pr Its advance was in 1 other metal sh for enced as v capital split- shot forw tana Pow. Showing by Loeal Railroads earne expenses Aft CHICAGO GRAIN MARKET. CHICAGO, August 19 (#).—A house with eastern « ctions took the surplus wheat off the market at the opening of the Board of Trade session today. and with shorts also covering Malin Rock (1).. the ran around a 2-cent Mathieson Alka. gain in all deliveries during the first May Dept St (5). 118% 119 . { h Adverse weathér reports from Metro G pf(1.8%) 2 2 nfluence. Wheat Metro Ed pf (7). nce, with Mexican Seab® . Septem 157% to 1.58% and De Miami Cop (1).. | cember 157 to 157 but this was Mid-Continent. . followed by a gain that carried Sep- Middle States. .. tember to 1.60 and December to 1.59. Minn & St Louts. {Both deliveries receded fractionally Midland P pf (9 | later Min St P & SSM. Corn trading was on a large scale, M St P& SSM pf. { this grain showing strength right at Mis Kan & Tex. . t and gaining more during the MEK&Tpf (5).. ngs. Reports from States Missouri Pacific. those in the corn belt were Missourl Pac pt. and this helped to Mont Power (4). advance prices. The opening showed | 1‘\10"! Pow pf (7) | corn from 3 to 1% up, with Septem- Montgom Ward. t0 1.06. La another point iig;\:si!{;’;:ébc gained by September corn and|Sweden 5igsct 0 then a tractional drop took place. |Sweden€s... p e(1.60) Oats shade up and also|S Nash Mot (116). displayed ss, making small | Swiss Confed 8 Nat Biscuit (8). . hour, Septem. | Ud Kingm 5% "29. . Nat Cloak (4) ... 10 395, Pro |UdKingm5%s’'37. Nat Dairy (3) .. Ud Steam Copen 6, Nat Dpt Stores. . Zurich 8s. Nat Distillers. .. Nat Distillers pt Nat Enamel & §. Nat Lead (8).... Nat Ry Mex 2d.. Nat Supply (3).. Nevada Copper. . N Y Air Br (4).. NYAirBrA (4) N Y Canners (2). N Y Central (7). NYC&StL (6) NYC&StLpf(6). N Y N H & Hart. N Y On&Wn (1). NY Rys part cfs. N Y Shipbid (2). Norfolk South. .. Norf & West (7). North Am (3.40) North Am pt (8) North Pac (5)... Nunnally (1). Oppenheim (3).. Orpheum (1.80). Otis Elevator (6) Otis Steel. Otis Steel pf. Owens Bot (3) Pacific Ol (3)... Packard (11.70). Paige Mot(1.20). Pan-Amer (6)... Pan-Amer B (6). Pan-Amer rts... Park & Tilford. . Penick & Ford Pennsy RR (3). Penn Seab Steel. Peoples Gas (8). Peoria & East. .. Pere Marq (4) Pere Marq ctfs.. Pere Mar pf (5). Pere M prior(5). Phla Co (4)..... Phila& R C Philps Jones ( Phillip Morris. .. Phoenix Hoslery Phillips Pet (2). Pierce-Arrow. ... Plerce-Arrow pf. Plerce-A prior 8. Pierce Ofl. ...... Pierce Petrol Pitts Coal..... U S Cast Iron Pitts Coal pf (6). USCIPpt Pitts Term Coal. 36 U S Distribu Pitts & West Va. 76% ‘ U S Hoft (2) Postum Cer (4). U S Ind Alcohol. Press Steel Car.. U S Realty (8). Prod & Refiners. U S Rubber. ... Pub Ser N.J.(5)., US Rub Ist (8). Pub Se E&G pf 6. U S Smelting(3) Pullman Co (8). USSmpf (3%). Punta Aleg Sug. U S Steel (17) Pure Oil (1%)... U 8 Steelpt (7). Untversal Pips. . Radio Corpof A. L e Ry Stl Spg (8) I SEE BT - Ray Cons Cop. Util P&L A (2) Reading (4). Vanadium (2) Reading rts. Van Raalte. ... Reading 2d (2).. Va-Caro Chem. . Retd Ice Cream. . Va Caro Chem B. Robt Rels & Co. . Va-Caro Ch pf.. Remington Type Va Ry & Power. Replogle Steel Vivaudou. .. Rep Ir & Steel. .. Vulcan Detin... Reynolds Sprogs Rey Tob B (3)... o copmple by Royui Dol 1% Waldor? (1%). Rutland pf... Saro R St Joseph Ld (2) Ward Bak pf(7). StL&SanF (5) Warner Pictures St L Southwest. Warren €o (4).. St L Swn pf (5). West Pen pf (7). Savage Arms. West Elec pf(7). Schulte (*8).... West Maryland. Seaboard Air L. West Md 2d pf.. Seabd Air L pf.. Westn Pac (5a). Seagrave (1.20). Wesn Pac pt (8a) Sears-Rebk (6). West Unian (7). Shattuck F G(2) West Air Br (6). Shell Trans 2.16. Westinghs (4).. Shell Un (1.40).. Weston Elec. . ... Shell Un pf (6).. Weston A (2). .. Stmmons Co (2). Wheel & L Erie. Simms Pet (1).. Wheel & LE pf. Sinclair Ofl..... White Eagle (2) 1 . Skelly Oil. ; White Mot (4).. | QEanby Cone Sloss-Sheft (6) .. White Rock (2) v-| Grt North P‘ ) South Port S (6) Wickwire ctfs. .. Gt Nor Ore (1).. ® South Pac (6)..: Willys-Overld. .. rt Wstn Su (8) % 5 } Southern Ry (5) . Willys-0d pf(7) . santandmo. .y - South Ity pi 3). Woolworth (3). o 5 Spicer Mfg. Worthn Pump. FuM & N pt (6) Spicer pf (8).... Worthton B (6) . 2.9, { Gulf States S (5) Std Gas & EI(3). Wright Aero(1). 1| yanna 1st pf (7) Std Gas & E rts. . Wrigiey (13%). 10 (), |Hartman (2%).. Std G&EI pE (4). | Yale & Towne —A reduction of 45 cents a_barrel in | Havava Elec (§) Araniigiddos FOLOW Ci(2.550 the price of Corning crude oil in Bucl }{ulvesg“(\f‘{‘?)» Bronny ;l‘)(-”- Tanpaatown ). posted b chast elm ). 3 S o rarina i ey e atay [ Hos BT Sterling Prod (4) {Party extra. Payable in onn e 1 operatir 66 tons. The cc arriying on the % poin roved to such a The parent dislodz rather Jate Westin ake each over r mo lows. Strong developed 1 MEET SELLING PRESSURE. 64 erades of t clover and ‘traders to ulted in in the and allied inabilit much 1o active da opened 3 down to Gane Quotatons, per tonm, 5.00a18 0 00219.50 s ed, 18.00215.5 11.00a12 00 Botany A (4) Briggs Mz (3%) Bkl Edison (8).. Bkl-Man Tran. Bkl Union G(4). Brown Shoe (4). Burns Bro (10).. Bush Terminal.. Bush Ter de (7). Butte Cop (50c) . =g KD): Butterick. Cal Pm.\lng( ). Cal Pete (2). Callahan Zinc Calu & A (12 Calu & Hec (50c) Can Pacific (10). Case Threshing. Case Thresh pf.. Cent Leather. . Cent Leather pt. Century Rib (2). Cerro d Pasco(4) Certain-Teed (4) Certain-T 1st(7) Chandler (3).... Chees&Ohio (4). Ches & O ctfs. Chi & Alton..... Chi & Alton pf. Chi & East 111 pf Chi Great West. Chi Gr West pf.. Chi Mil & StP. .. { Chi Mil & StP pf. Chi & Nwn (4).. Chi Pneu T (5) Chi RI1& Pac CRI&PDpE(6). CRI&Ppt (7). Childs (12.40) ... Chile Cop (23%). Chrysler Corpn. Cluett Peab (5). Cluet Pea pt (7). Coca-Cola (7)... Col Fuel & Iron. Colo Southern. .. ColG & E (2.60). Col Carbon (4) Congoleum (2) Consal Cigar. Consol Distribut Consol Gas (5).. Conso) Textile. Cont Can (4). Cont Mot (80c) Cotton | Corn Prod (2). buying. | Crucible StI (4) . weak; LCrucible pf (1) ‘Cuban Cane Su Cub Cane Su pf.. Cub Am Sug (3). Cuban Domin Cudahy Pkg ( Daniel Boone. ... Davison Chem | Deere&Co pt(3). Del & Hud (9) .. Del L & Wn (17) DRG Wstpf.. Dodge Bros Cl1 A Dodge pf (7). Dome Mines (2). Dul§ S & Atl pt. Dupont (10).... DuPont deb (6) . | Duquesne pf (7) Bastman (18). Eaton Axle (2) Elec Powr & Lt. EIP&Lpt(7).. | Elec Str Bat (4). Elk Horn Emmerson Brat. Emmerson B pf. ErfeRR..... Erie 1st pf. the Poland 6s 40 Poland 8s°50 wi Prague T4s Queensland 7s . Rio de Jan 85 1948. | Ric de Jan 85 1947, Sao Paulo State 8s. Stof S Paulo reta. . Seine Dept of Ts. .. Serbs Crot Slo 8s. . YORK 19.—Encour- the announce at Bel. | States had the funding thi By the A NEW aged by glum and reached an of the forme operators for umed their operations with increased confiden t the opening of today’s ttock mar The ward th spite the developme as the result of a Corning crude realizing in some Foreign exch QUARTERLY DIVIDEND cuT NEW YORK, August 19 (#) —Dire tors of the Cuban American Sugar | Co. today reduced the quarterly divi. ! dend on the common stock from : s stock is ents to 50 cents a shar he sto 14 - Lehigh Valcn 4s. .. e e henare The stock| heln : Lehigh Val 55 2003 3 Mot enilicr. 1od% 2 it roi Long Island rf T drhe denressed Manhat Ry cn ds.. rket durin Market St Ry 7s urrent MilElRy & L §s | outlook for th M&StL 1stred ke a conservative dividend TSP &SSMend advisable at this said a MStP&SSM5% ment issued b the company. M StP & SSM 6148. 3 e MEK&TUsE.. o MK&Tadjbs.... “Lay-Off" Averts Dismissals. Mo bacits gen 45 25 SECuHE Mo Pac 55 1965.... 1 | —Seventy.six hundred Mo Pacific 6 25 gt it Mo Pacific . 58 . joasEn Anis NOTex&Minss. 6 957 P OT&Mb5%s.... 12 1 g OT&Msksn.. b August o 7| other than not encouragi 1 o en ging oints over its best pre oo 1 the new condition of sugar of the tn movement continued up- early trading de- in the oil group p reduction in prices and heavy £ the motors. displayed a firm an debt Rel 7 to Demand_sterling held steady around 4 and . French franes were s higher at 4.70 Selling press ing progre lost groun tlonary e finally ha bringing profit-ta swelled sional bear theory t ace in many s least a technical reaction Rails reacted with the industrials, although the publication of a record breaking car loadi report for the week ended Augus was a steady in romamnan DS R oo o~ 94 10844 MISCELLANEOUS. Ajax Rubber 8s ... 6 991 OK% Am Agr Chem 1 102% 102% Am Agr Chem 7 5104 1034 AmSmit& R1stss 15 984 67' AmSmit & Rés... 2 107% 1074% AmSugref6s..... 2 102% 102% AmT& Teltrds 140 974 96% AmT&Tcltrfs.. 4 101% 101% AmT&Tstss . 233 9% 964 AmT & T deb 8103 102% Am Water Wks 5 95% 95% Anaconda 1st 6s 100% 1004 Anaconda cvdb7s. 21 102 101% Andes Cop 7s rets. 984 97 Armour & Co 415 89 88% Armour Del 5%s 93 93k Associated Ofl 6s.. 3 103 102% Atlantic Refin 58 99’ 95% Bell Tel Pa 55 1014 101 Beth Steel pm 58 91l 914 Beth Steel rf 5s.... 96% 96% Beth Steel 53%s '53. 86 854y Beth Steel s £ 6s... 944 93% Bkiyn Ed gen6s... 6 101% Brookiyn Union 5s. 8 100 Bush T Bldg 55 '60. 964 Calif Pete 6158 104 Chile Copper 6s. 108 Col Gas & El 5s 100% Commonwth P 6s.. BJ102% Con Coal Md 1st§s. 2 83 Consumers Pow 55, 17 984 Con G NY 534s wi.. 36 1034 Cuba Cane ¢ o4 %N Cuba Canecvd8s,. 4 100% Dery (DG) 7s..... 1 84% | Det' Edison 55 '40.. 8 1024 “| Det Edison ref 6s.. 4 1074 | Dodge wi 65 153 954 Du Pontde N 7135, 2 106% Dug L& P 5%s'49. 11 105 Est Cuba Sug 7%s. 8 103% | Empire G & F 734s. 45 104% Fisk Rubber 85.... 8 1134 Gen Elecdeb5s.... 1 107% | Goodrich 613s..... 10 105% Goodyear 85 1931.. 6 110% Goodyear 851941.. 8 120% | Hershey 5135 wi... 58 984 Hershey 6s 1942... ll 104'% Hoe & Co 6%s..... 3 10314 Humble O & R 5%8° 18 100% Illinois Bell 1st 55. 14 1004 T'linofs Steel 414s.. 16 95 Indiana Steel 55... 1 101 Int Mer Marine 6c . 887 Inter Paper 6s. 96 K CP &Lt 5s A 52, 98% Kan G & El 65 '52. 102 Kelly-Spring 8s. 100% Lackawa S 55 '50. . 92% Laclede G 53552, 26 991y Liggett & Myers 55 5 100% Lorillard (P) 5s. .. 98 LouisvG&EG5s'53 4 96 Mid-Con 6155°40... 20 98% Midvale Steel 5s. 3 Montana Pow 58 99% Mor's &Colst4%s 1 82%. NYEdSs'4¢ wi... 10 100 NY Eden 1st 6%s. 4 1134 N'Y Tel 4%s. . 1 98% N Y Tel 6s'41. 7 1064 N Y Tel 65'49. 16 109% {North AmTd 6s... 4 100% North Am Ed 6%s. 2 103% Nor Ohio T&L'6s.. 1 93 Nor States Pow 55. 19 96% Otis Steel T4%s..... 7 1004 | Pacific Gas & El 5s. 9614 Pac T& T 1st5s. 100% Puc T& T 5s 97% Pan-Amer Poto 65. 106% Pan-Amer Pete7s. 1 108% Peoples Gas os 984 Phila Co 5%s'38 97 FPhila Co ref 6s A 1044 Pierce-Arrow 8s. 105 Public Service 6s. . 98% PServGas5% '64. 1 102% Funta Alegre 7s... 2 1054 Remingtn Arms 6s. 884 Rep Ir & Steel 5s. 97 Sharon St1 H 8s. 1064 Sinclair Oil 6s. 107 Sinclafr Oil 6% 874 Sinclair Oil 7s 92 SinCOPL6s'28.. 100% Stn Pipe Line 5s. 85% Skelly Oil 6138 108% South Bell Tel 5s. . 101% Southwest Bell 5s. 100% Tenn'Elec Pow 6s.. 8 1028 Toledo Edn 1st 7s. . 108% United Drug 6s.... 15 104% U S Rub 1st r&i& : U S Rubber 7 U S Steel s f 53 Utah Pow & Lt 5 Va-Car Chem 7 Va-Car Ch %8 W.. . ‘Warner Sug 78'39. 1 Warner Sug 78 *41. announce that ted fo the Virginian of the CoRy- ons have been. com: 163% | Sevtember ot | Beverabe 57% 13% 5l's 56 | 51% | September 19 (Special) employes of & of the Balti ad stem will | under an agreement between rai 4 officials and the shop crafts| N Y Cent deb 4, 2 which provides short cessations of KYCentriss 18 00% work so that all kers may keep Y Centdebés.... 4 Seais Johe Chid StLs%s 27 %|, The cessations come when ow Havdis's7.. 2 expenses make economies n ‘ew Haven c d 6 There has been 1ly one similar lay Ont W ist4s.. off in the last vear, off atd. Tt | g n N Y Rys 65°65. ... 2| was for a few r']a'\ last month = : N Y State Ry 434s. 5 ? e o ad s Y W & Bos 448 orfolk & W cv 6 Northern Pac 38 Northern Pacr 1 6 Ore & Calif 1st 5s. . Ore Short L ref 4s.. 2 Pennsyl con 43s. . Pennsy Pennsyl gen 58 Pennsyl 5s'64. . { Pennsyl 63s. . . Peoria & E tnc 4 Pere Mrq 18t 48 '; Pere Marq 1st 55 Por RL & P 65’47 Reading J C 45 '51. RIATK&L 4%s. St L IM&S ¢8°29 St L IM&S R&G 4s. StL&SFplisA gian merger for the Stock Land Bank The new merge crease the bank's resources b 1. and will add proportionall In a letter dent 1o t ders of the bank to substantial 38 58 21 30 .4 DAIRY PRODUCTS. BALTIMORE, Md cial)—Live poultry August 19 (Spe budget —Young chickens, leghor 20a27; old leghorns 18a20; old ducks, 20a24; old profes ed on the rapid upward warranted at 24232; perating in 182 pound, 189% | hens, 57 |roosters. 15al16 49% | ducks, 14a20; pigeons. pair, 25230 71% | guinea fowl, each, 60a70 10 | Eggs—Recelpts, cas native | 44z | 204 nearby firsts] offered at 33 | {234 bid, Butter pound, ladles, printe e als dozen, = Bgpaiiadhdod divided profits on June on Jul Good to fancy creamery 40243%: prints, 4312453 | store packed, 33 dairy | process butter, 37a3$; 2 result of the pital stock is bei $700.000 to $1,000,00 from approximately S o 126 By the Associated Pre o NEW YORK.—St ferrous metals st debt agreement help: Submarine Boat. Superior Oil Sweats (uew) Symington A(2) ‘Tenn Copper (1) Texas Co (3) Tex GulfS (T%) Tex & Pac C& O | Tex & Pacific. .. Tide Water Oil.. Timken R B (14) Tobac Prod (8). Tob Prod A (7) .. Transcont Ofl... Underwood (3) Un Bag & Paper Union Oil (1.30). Un Pacific (10) Utd Alloy Steel Utd Clgar (131:) Cnited Drug (7) UtdDrug 1st 3%. Utd Fruit (10) National Metropoiitan Banl AFTER CALL Washington Rwv & Ele “Bonds mixed: gian obliga firm; Bel 1084 9414 100 84% 102 107% 94 108 1087 108% 104 1144 107% 105% 1104 120% 9544 1084 103 100% 1004 95 101 837 95% 9814 101% 1004 92 9944 100 93 9% 984 a1 99% s2% 100% 1134 961 106% 109% 1004 108% 93 954 100 957 100% 9714 108% 105% 98K I 108% 1041 9814 102% 108% 1A Now Srogis G £ Sf—“mu Short Penna. R..R. 108 Sihetaiz & o i Tlaewatet o1l e Ghien Fac. 1004 Riher 7 l,a stern Unioy 85% 108 Westinghouse 101% bt Capital Traction Co—10 at 100% i dom Sioce e B 2 Septemt Moner—Call loane. 5 and 8 per cent R AN At SEET0 ot Bid and Asked Prices. {is expected to be maintained BONDS. Personal Mention PCRLIC UTILITY Robert N. Harper ~ L i District National Bar e P ey Mrs. Harper, will 104l el & Telza 4’:' . .l o 3 Amerjcan Tef & It his social indebtedness at Anacostia & Potonac | picnic and lur Ana & Botomac pichic sor T & P. Telephone Hs. ne esbu & P. Telephone of Va: September 7 Guests will include these ter Capital Traction R R Mr. Harper his recent dinner City & Suburban Georgetown Gas 1st B knowledgment of his effc ng to Washington an Fotomac 1et Botomac Potomac ) Fis and the employes of the Waeh: 3 John R. Walle Wi B rnational Ba ted to membership of the Washir hange, with ful ileges. Alr. Waller purct seat of the late E Parker from the Southard house Sugar featureles e easier cables. CHICAGO. —W\ rm reipts. Corn higher; better c: uation. Cattle declined cupplies. Hogs 1ow smaller re sh exce: 100% 1\]0\ 70% 71 i 82 |& 9374 974 % 78%_ 7 102%7102% 105% 106% 109% 109% 85 85 1004 100% 56% B55% 88% 39 82 92u 854 854 | 99 89w 98u 884 865 06% 95t 95 86% 87 664 664 818 81% 2% 624 SHORT-TERM SECURITIES. (Quotations’ furnighed by Redmond & Co.) Seabd A Lref 4s.. Seabd A L adj 58.. Seabd A L con 6s. Sou Pacific 48 '29. . Sou Pactfic ref 4 Southern Ry gen ¢ Southern Ry 1st 5 Southern Ry 6s ct Southern Ry 6% Sou Ry Mobile 4 Term Asso St L Va., By the Associa In view of the tates Moto the same t though withc say Wall Street recent $1 e Motors forec Steel Corpor: States Steel the commen 5 and Gen TUnited States Steel i close to §550,000,000, and has about $300,000,000 cash. General Mqfors has working capital of $185,000,000 and $120,000,000 ca: act that the United ration and General re sponsored by which, al much to of each, that th Geners president of : has been ad s the view as t Wash . Balt dend by 2 inzton Gas 6 Whash. Rwy. & Elec 48 Wash. Rwy. & Elec. ge MISCELLA D. C. Paper Co. 6 Pot_ Joint Stock L Biees Realt Drury, president Southern Bidz Bank and Tr Wash. Mkt Co Sraze’s 3 e & or a two-week 1 Wardman Park Hotel 65 e e o STOCKS. his family PUSBLIC UTILITY BNERR SR Amertce Telion TO5% 1383 CHICAGO LIVE STOCK MARKET Capttal IYDC?I:“ Norfolie & Wash, CHICAGO. August 19 Wash Ruy. & Bl States Deipactmsntio Tertminal Taxi com e Hogs —Receip nal Tax j R 2 steady to 10 lower t low point, or 10 average; bulk good and NATIONAL BANK 55% hés ) Union Pac 1st 4s. . 924 Unfon Pac 1st rf 4 Unlon Pac 4s 27 Virginia Ry 1st bs. Va Ry & P 1st Gs.. ‘Wabash 24 58 . Wabash 5%875. .. Weatern Md 4s.... West Shore Ist 4s. . Wilkes-B&T 18t 5. first half of s earned $8 ing capital National Transit has declared | 218 5 tra dividend of 25 cents, payable | Zrie 24 of 3 mber 15 to stoc Trecord | Famous P1(8). 3 £ 25 o so | Feder Lt (11.40) Fed Min pf (7).. Fisher Body (5). Fisk Rubber. ... Fisk R 1st pf (1) Fleischmann (4) Foundation (8) . Freeport-Texas. { Gabriel Snubber. ! Gardner Motor.. Gen Am Tnk (3). Gen Asphalt. Gen Baking (6). Gen Electric (8). | Gen El spec 60c. Gen Motors (6). Gen Mot pf (7) Gen Outdr Adv. Gen Outdr Ad A. Gen Petrm (2). an Sep August was dec! eamboat. 250 (Unite *14R Vanadium Corporation of America repor net inc Hmfi of $733.016 for the equal to §1.96 , against H\ the same lower tha: top. 13.3 pou National Capital.. ol District PRtrict i Farmers & Mechanics Anerican Adiron: 1 Alum. share, butcher ng sows. few 11.00a11 desirable 50a13.00; heavyweight 12.85; medium, 12.46a13 11.50213.30: light light, packing sows, 10.80a11.45 12.00a13.00. ttle—Receipts, 10,000 head | killing classes still excess liable outlet being for strictly choice fed steers, grade cows and qualified stockersand feeders; 15.50 paid for prime, medium weight steers; long yearlings, 15.2 best heavies held above 15.00; lowe: ade fed steers and Western g ctically at standstill, tendinz ittle demand for heifers: veal lower; spots more, mostl: Sheep—Receipts, 13,000 head; fat ambs slow; desirable kinds look around steady; buyers bearish on in between offerings; better grade kinds scarce; few early sales desirable na tives sorted at 15.60: medium to good natives straig up, 14.25a14.50, string good Western topped out at 15.00. fat sheep steady: handywelight ewes to killers, 8.00; odd Iots natives upward to ; heavies, mostly 5.00 and down nization plan of nd St. Paul g£ating $47,400,000, he total o about been deposited on reorganization for deposit ex 5. The percentage ted represents the| ificates of deposit is-| sued for the bonds deposited, but does S 2y Sig (6) not include t for which no certfl- | G0 1Y BiE () - Lo { Gimbel Bros. . ST Gimbel Br pf (7). CRUDE OIL PRICES DROP. | | Ginter (13).. DALLAS st 19 (P).—De- Glidden Co. . Gold Dust creases of frc cents a barrel effe i ‘ a1 Metropolifan the Chicago, Milwau Railway bonds P N EJ'\‘( of Washington ng’fll ot TRUST COMPANY em FERRES Continental Merchants Bank Yatlonal avinke and Triet s 2 Wash. Loan & Trust SAVIN Commgres & Savings.. | Eagt ecurit stiter = Tl b managers. most pires September of bonds depo: amount of ct R eSS aome o s ee 05 Hock. Val umble Oil & 252 R s vings & Com > D D OO T v orre? e BE5eco3o05! S American . Corcoran . Firemen's National Union TITLE Golumbla Title al Estate . MISCELLANEOUS. C. Paper nfd 3 B Shinerians. & Siorase. Mergonthaler, Linoivpe F*Mtre. & invest. vt om utch Market com. meg‘&nku ofd.. Kheton rity Stora, Goodrich Ru (4). Goodyear pf (7). 25% 9 101% 45% 8% 18% 103 166% 36% 58 26 51% 65 43 3% e R R e et St R SEB05, 253223235 102 3% 1874 10816 186% 36% 58 26 51 65 45 8% referred stogk. the above tadle The new p! ity, 1.00 ( FOREIGN EXCHANGE. it (Quotations furnished by W. B. Hibbs & Co.) 1024 ; 108% 103 t‘;’?’i’g“’l’ Selling checks 104% 167% 38% 58 58 264 264 51% 51t 65 65 43 ® 45% 3% 73% 104 167% 381y 58 1y 104 Lendon. pound. 65 88% Montreal.” dolla wr er | B 105% i o5 B B 5. S Z\lrl.c:l. franc: Tellow ot 28% 41 0% 45 414 PITTSBURGH; v Mfarke JEFFERSON CITY, August 19 August 19.—Tin | Missouri corn is estimated at 82 per = Dividend Fates ae iven ‘i The reduction followed a_general cut | ousehold P (3) Stew-Warner(5) - Howe Sound Co. made in other grades of Pennsylvania crude cariier in the week. E e ) - : S Bt 21% 2% Stromberg (8) Studebaker (4).. are the annual on the cash D t ammru or hl\( mrl’ rations. ted. ! pheAcE gt grake West Elec bs....... 21 Westn Union 6% IM“ 11K 111% lm ! R 29834, PITTSBURGH, plate mills in this section are working at a slightly increased rate of pro- duc!long a falr volume of orders. cent of normal, indicating a yield of 202,566,000 bushels, as compared with 170,612,000 bushels last year.