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26 * FINANCIAL. THE EVE) WALL STREET LIST Close. 1 ofis 6714 | Grauby Consol. . 18 Ad Rumley pf(3) G& 3% 58 58 |Grt Northpf (i) 7 11 11 11 |GtNorOre(1).. 2 Abumada (t1).. t @ 112% 108% | Grt Wata 8u (3). o7 Afr Redue 14). i j- | AJax Rubbe: s 1 Gulf Mo & Nor.. 31 Bulls Fail to Restore Confi- jAjax Rubber.. e Hir Mo e o 1 All Am Cable( 128" 128 Guif States S (5) 81% dence After. Drop in {AnfeacChem (4. | A= (a: Several Issues. PAm Agricul Chrn Am Ag Chm pf.. o 53 Am Bk Npf (3 100% 98% 98% | proreman @%).. 277 1zq“ Havana Elec (6) 226 gf: % Ha} s Wh (3% ). 40% 23 | Helm G W (3 .7 g {Hoe&Cod (). 45 - &5 lousehold P (8) 4214 By o | Am Beet Sug(4). 37 Howe Sound Co. 23% Y s :w 31 Hudson Mn (2%) 38 %pecial Dispateh to The Sta | Am Brk Ehol(fl) 118 116 115% Hudson Mot (3). 62% NEW YORK, August 26.—A buying [ Am Can (17).... 243% 243% 288 Hu tr wave in_the steel shares under the |Am Can pg (7).. 119%% 120 119% UpREY DL el lead of United States Steel common | Am Car&Fdy (6) 106 106 104% Ilinois Cen (7).. 116% Indep Ofl (1). 25% Indian Motoroy. 21i; Indian Refg ctfs, 6% Inland St (213). Inepir Cop (50e) Interub Rap Tr.. 28 Int Bus Mac (8). 139 Int Cement (4). Int Com Eng (2) Internat Har (5) Inter Har pf (7). 118 Int Mer Marine. 281 23%4% 4nd in the rallway equipments stimu-{Am Chain A (2). lated the price movement on the |Am Chicle. 5% 45% 444 stock exchange today and stocks gen- | Am Express (6). 139 139 erally turned strong Jarly in the | Am & For Pow. . AZ% session there had been fully as many | Am& F P pf (7). 918 declines as advances and no trend in | Am Hide & Lea cither direction. Then, in the face of fide & L pf. hearish talk and an increase in the | ¢ all money rate to 43, per cent for | A Internat) “he first time in six wacks the steels | Am La Fran (1) Fot urer way. | Avi Lsnseed. ! A Loco (418) a1 Steel Common Jumps. e 10k Mor Mear of . r Metal (3). 215 52 e United States Steel common wis at | Am Radfator (4) 111 111 Int Nickel. *he highest of the current movement | &1 Safety Rt (3) 61% 62 nt Paper Intl and within a few points of its top for | Am S & Ref (). 110%; 111% er pf (7) in January. The | A Stirdys GY. aei 40 Int Ry Cent Am. veekly trade r reported gains in [ Al v 66% ;"f };) pIG). new business at the steel plants, but | & 907 100 nt Te! & Tel (5) «aid’ that the average level of A § 10 10 Jones Bros Tea. vas at the lowest of a ;wk Ax n Tel&Tel (3). 189% 140% Jordan Mot (3).. This comment on the price situation | Am Tobacco (7). 981 98 by E was no obstacle to these who were | Am Toba B (7).. 7% 081 Kan City South Kan C So pf (4). Kayser (Julius). Kelly-Spring. ... Kelsey Whi (6). ennecott (2)... Keystone T & R Kresge S8 (8).. 549% Laclede G pt (3) 85 Lee Tre & Rub. Lehigh Val (33 Lizgett & (1) G6% Lig & My B (t4). 66! ient on making a demonstration in | Am WW&E! % 60 (Re: aaeleetoiny. . mite. ontivait cteal |k Wootes sroup forged ahead and were more ac- | five and stronger than they had been | Anaconda (3). n_some time. | Ann Arbor pt New high records for the yeur were | Archer-Dan made in_Hudson and Manhattan, the | Armour Il A(2) Seaboard Air Line isstcs, Certain-toed | Arn Cons&Co... 103 Products first preferred, Brown Nhoe, | Artloom Corpn.. 44l Postum Cereal, United States Smeit: | Art Metal (1)... 164 ing preferred, which was up about two | As3o Dry G(2%) 501 noints; Eaton Axle, Chryster prefer- | AssoD G 1st(6). 95 red, Emerson Brantingham preferred, | Ao 01 (2)...." 36 Lig & My pf (7) Public Service Electric and Gas pre: | Atchison (7).... 1214 121% Lima Loco (4).. ferred, International Business Ma-|Atchiconpf (5). 96% 9861 96 86 |Loews Inc (2) 60 5815 chine and Reid Tce Cream. At] Birm & At. 5t i i }.‘anz EeleA W Atlantic CL(18) 18 Loose-Wiles. .. Other Strong Spots. |AtGuItaWI.. 57 Lorillard (3 Lorillard pf (7). Louisiana Oil. Loutsvill Louls & Nsh (8). 118 Ludium (2)..... 31', McCro B (1.60).. Melntyre P (1). . { Mack Trucks (8) Macy p? (7). . .. 1173 Magma C c). Mallison & Co. .. Man Emd g (5). Man Shirt (13). Marland O (75c) Malin Rock (1).. Martin-Parry. Mathieson Alka. | May Dept 8t (5). 11 4% 43 | Metro G pf(1,89) 21'i £5% 85% | Mezican Seabd.. 1% Other strong spots included United [ Atlantic Gulf rta 415 States Realty and Improvement. Colo- | Atlantic Refing.. 99 rado Fuel and Iron. which was in|Atlas Powar (4). bl demand even before the move in the 101 steels began; Willys Overland, com- -2 8% mon and preferred, which were par-| % - tleular favorites in the wmotor group; {parapinD (M. ;;E T Studebaker, Moon Mo Maclk Truck, | 5oyt 0o B - A o1 Allis Chalmers. which Las shown per. | g1t & 90 ()« sistent strength; Kelsey Wheel, Inter- 'avn"&ll’(g) 5 national Paper, Abitibi B, | e South Porto Rico € psdalla: Pipe and Radiator and Chi S vuk Clgar. Chrysler Advance Halted. eech Nut(2.40). Chrysler and White, which had big Raui ot (2). advances in the recent tr | Belding Bros(3). inder pressure much of the time, | Ecthlehem Stl.. Chrysler fell off sharply he the 140 | Pooth Fishertes level, then rallied. Allied Chemical { BOtany A (4).... 407 e Rl b o 5%’5&?{3)’“ 1387, 1398 tami Cop (1).. 104 o ‘Tc}:—“a‘fi?’ixég;‘m £, und Blec | Bii-Man Tran... G4 G04%s 53% 684 | Mid-Continent.. o713 ruls, were lower. Chicago Paedmatic |Bk-ManTpf(6). 80 80 80 80 |Middle States... 15 Tool, SearsRoebuck. Havamy Tlew | Bkl Unfon G(4). 864 §6' £6t: $6%| Midland P pf (48 135 tric and United State: “Iron Pipe | Brown Shoe (4). 1241 11 2435 1304 | Minn & St Louls. e L tatas Cast Thon Bipe g mewldkBalk, 29 MEStP&SSMpt. 66 ere all selling under Tues final - - M p: 3 prices. Chesapeake and Oh i Bag | EGsEEBCDIE . SR e L O] v e i Add Ma (3). 93 MK &Tpf (5) 20 TS anpti oI =h Terminal.. 17% Missouri Pacific. 40% Wall Street Features. i Butte Cop (50c) 6l & sudden revival of interes. in|Butte&Sup (). 11 Studebaker was an interesting develop. | Butterieic. .. ... 18l ment today. not because of the actual | Caddo Central. s ¢hanges in the price of the stock, but | Cal Packing (6)." 124 ause for some time past Stude- |Calif Pemt (2 2615 % naker hed been practically statio el 5 Mo orivbetl £0) 30N vhile other motor stocks were very|Calumet & Ar (1) 51% e o I active. The company’s business, re-|Calumet& H (1) 154 16% 154 15% | 1unsingwr (8).. 31% ent reports have shown. fs €xception- | Can Pacific (10). 144% 143% 144% 145 |Nach Mot (116). 415 ally good. Case Threshing. 44 43 | Nash pf (7) 105 The bulk of the Luying in New | Case Threshpf.. 87 85 | Nat Acme (sta). §' Haven is said to be coming from New | Cent Leather.... 17% 19 | Nat Biscuit (5).. 72k England, where the feeling toward the | Cent Leather pf. 5% 62 | NatCloak (4) 6915 -ompeny and the pr Century Rib (2). 31 31 | NatCloak pf (7). 102 described as “aggress Cerrod Pasco(4) & Nat Dairy (3)... Confidence in continuel improvement | Certain-Teed(4) in New Haven's b ness has been ex- | Certain-T 1st(7) 101 pressed recently by weil informed | Chandler (3). persons regarding the road. | Chees&Ohio ¢ tesouri Pac pf. §T4 Mont Power (4). 0% Montgom Ward. 70% Moon 1Mot (3)... 32§ To&Essx(333). 8% Mother Lode Tic 4 at Enam pf (1) 864 SN { Ches&0 pi(83). at Lead (8).... 160% CLOSE IS UNSEITLE Chi & Alton. atRy Mex Ist. 4% e | Chi& Alton pf.. fex2d.. 1% & East 111 pt | Chi Great West. Late Afternoon. | Chi Gr West pf. SRR A | Ch M1 & StP. . oy, Ausust 26 O —Un- [ Gomn g sie pt 145 144 certainty of pice movements again lChiaNenter.. . 68t 68w characterized “toddy’s “riarket. | oy prat T (5).n 116 . 117 Operators for the Bt e i Y shake off the heav: g oM | CRI& P (7). 974 974% stiffer money rates. SOlne price: | Cpae (4oA0) . 5o, s par ani ™ 9 Point|cuieCop (2%). 4% 34% =y Sl - ! Chino Copper... 23 2 :7;;{ United D | Chrysler Corpn. 1437, 1437% s e high- | Cnrygler pf A($) 108 1008 Lo Y Were | Cluett Peab (5). 61 61 at Supply (8).. 58% Nevada Copper.. 13% N Y Air Br (4). 50 N Y Canners (2). 50% ¥ Central (7). 12: NYC&SLpe(6). 9 N ¥ Dock. . a2 INYNH&Hart. 88 NYOn&Wn (1). 3 N Y Shipbld (2). 44 Niag F pf (1%). 28 Norfolk South... 11 orf & West (T) 138 orth Am (3.40) North Am pf (8) Dpposite Price Cu ts Noted in | nly 1 sales | Coea-Coln (7). .. 139% 140! North Pac (5)... T0% L& Tron.. 410 4 Nunaally (1). 10t : i Southern... & 5 asis nts continued to ..m.,u,miwmm,( 805" Gt S e jons In the lat weak- | Gol' Carbon (4) nys Hos pf (7). ess of American Can. Postum Cere: ieneral Electric and efnz counteracted General I nd Ur Oppenheim (8).. 42 Orpheum (1.80). 80% Orpheum pt (8). 1034 Otis Stes 13% Otis Steel p! . 8 Owens Bot (8).. 53'% Pacific Coast. . Pacific Ga. Pacific O] Packard (11.70). Paige Mot(1,20). Pan-Amer (8)... Pau-Amer B (8) | Pan-Amer rts. .. Panhandle. Park & Tilford. Penici & FFord . Com Iny (2.50 Com Solv B. strength | Congoleun: (2. - Brown | { Copsa! Cigar.... | Consol Diatribut the St | Consol Textile. Markets at a Glance | |Conccan i6).... “ont Mot (§0¢) . W YORK I"nited States Steel n_the move. nds firm new top pric ine Su pf.. | Cuban-Am S (2). Cuban Domin. .. ban Dom pf. . aby Pkg (7). amel Fr (4). 2 Daniel Boone. . 4‘”“ GO.—Wheat easy creasing | Davison Chem. . recelpts. { Deere&Co pt €orn weak: bearish weekly-weather ’Del&l{udw) Pera Marq (4).. Phla Co (4).. |Phila& RCE&T Phillfp Morris | Puillips Pet (2). 3 10425 104 149 149% report Del L & Wn (77) 141% 143% Phoenix Hoslery 3 Cattle irregular; zood grades fitm, |DRG Wstpf... 45% 46% S Fogs higher: better demand Detroit Ed (8).. 131 131 Pierce-Arrow pf. Dodge Bros CLA. 25 Zbk | Dodge pf (7).... 8 CROWERS MAKE ERRORS DuEEeanGe “hi IN PRICE FORECASTING ' Bikont o iss: fore dores 101% 101 ing by the Bastman (18)... 106% 106% Eaton Axle (2).. 24 1| Elec Powr & Lt. 321 {1 P& Lot (7). 3 &L pf 40% DG 106% 106% o (o | Eiec Str Bat (4). 64t 66 Zht seas ",,qb (r:,;nthmmcraon Brat. 4 c. vears of | Emmerson 5 pt. sually followed [ 1ind Jonn 5). ears when th 1k of the or ErteR R . sold at com low 3 There have bLeen instances two | Lirie st b reavy years in succession during the last 10 yea: Generally, however, it Pierca O1l. Pierce Petrol Pitts Coal. Pitts Coal pf (6). 86 Pitts Ut pf 11.20. 144 Pitts & West Va. 76 Postum Cer (4). 138% Press Steel Car.. 57% PrStCarpf (7). 784 Frod & Refinera- 13 4 | PubSer N.J.(5). 821 1048 | b SR pr (1) 10 | Pub Se B&G pT6. 9T% i Pullman Co (8) . 142 | Punta Aleg Sug. 8474 Pure Ol (13).. b4 Radio CorpofA. & | Ry St18pg (8).. 129 40 | Rand Mines 1.79. 461 A siudy of. gnie tates Depa revailing higt Fairbles (2.60) ) u I'amous P1(8).. 1074, 106% 106% g:::::ll_:.) heen fairly safe in this period to pre-| Famous PIfupd: 104. 104 104 104 | Readmgris . dict high prices for both early and late | Famouspf (8).. 117 117% 17 17% Robt Rels & Co onlons in a season following o year of | Feder Lt (1140) 28 28 27y, 2734 | Robt Helo & T, heavy production and low pr | it Nat pe(s) 102% 102% 102% 102% | REmIERC I Fisher Body (3). 82t 83 Blis 81| RoPIoFe S6es- Fisk Rubber . 22% 21% 22% Repl1&Spf (7). 90% PAB.IS BOURSE FIRM. Pisk 3t st pf (7) 107 107 107 107 | ReP IO RICL To Fleischmann(15) 108 106% 105 106 | DeYnols SoTues G PARIS, August 25 P Prices were | woundation (8).. 1824 182% 120 120% | g8 TR0 (50" 5ot steady on the bourse today. Three |jresport-Texas. 17 16% v per cent rentes, nes 10 centimen, | oo, | Royal Doh 1.78% 49% GN0: Gabriel A (232). 29% r 5 : St Joseph Ld (2) 41% Erclancs on' Tonton' 106 frased B EREITa Mt ces: SHistLe Sank 5) 99% centimes. Five per cent loan §9 francs | Gen Am Tnk (3). 48 9,1 8t L Southwest.. 59% 10 centimes. The dollar was quoted at | Gen Aspbalt. .. @ i Savage Arms... “65% 11 francs 43% centimes, . |GenAsphpf (1)1 94% 8 4%} Schulte (48).... 105 Gen Baking (8). 174 174 170 170 | Schulte (%) ok <17 15 S Gen Eiectric (8). s:fih Bfflz oflu Bfiu:Snbfl “Air L pf. 1 Gen Bl spec 60c. . eagrave (1.20). 15% S L 3elng Razed. | G0 Mootes (1. 90% 90n 80 8gy | Seasrave 130). 18 D GenMotpt (1).. 112 12 12 12 )gpauck FG(2) 83 CLARENDON, Va., August 26—The | Gen Outdr Adv.. 27% 21% 213 2 | SRattcs § Qis) - 5o, heart of the business section of |GemOutdrAdA. 46% 40% :ga Simmons Co (2). 49 Clarendon has the appearance today | Gen Petrm (2).. 454 46 h 4 of having.been struck by a cyclone.|Gen Ry Sig (8).. 8 340 340 g}xr‘ncrln.!:s:lu) :94 Five old frame structures sandwich. | Glmbel Bros. ... 55 55% | Sraily Ol - 23% ~d in between the new Odd Fellows’|Ginter (132).... Rt 48 | G e shel (6). . 1095 Temple and the home of the Alexan-|GliddenCo...... 2I% 21 21% | g Port S (8) 85 dria Light and Power Co. on Wilson | Gold Dust 426 42ie 43 42 | GOUIR ERREONY) 0% boulevard are being leveled to make | Goodrich Ru(f). 88% 8% 52% 62% 5. 106k wouy for a group of business buildings | Goodyear pf (7). 104% 104% 104 104 [ Southern Ry(8). 1304 that will be in keeping with other|Goodyr pr pf (8). 107% 107% 107% 10T% | o orgCopf (7). . 51 medern structures NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office l TE| TES. ! Sales. High. Low. Closs. . High. Low. Close IN BUNU MARKEI U(:{.l‘. 2 .fif‘...,‘ [USRubIstreos.. 56 89 88% 8O 18 18 18 | High - Low U S Rubber 73s... 8107 107 107 ING STAR, WASHINGTON. D. C. WEDNESDAY. AUGUST 26. 1925. FINANCIAL. Low Water Stops Full Time in 300 Mills in Soulh; I ON NEW YORK BONDSEOCK EXCHANGE Received by Private Wire Direct to The Star Ofice. MANY ADVANCES e { i . ¢ 79 T24) Lib3%s... 10055 10028 10056 | U SBmelter 6x..... 3 100% 100% 1004 | Special Bispateh 10 The star 28% 28% SN Lih 1ot 6 '8 10910 028 10028 | o asterats 19 106% 106% 106%| MUSCLI SHOALS, August 26.—The 97% 98% : i ©s. 5 5 UtahPow & LtSs.. 2 95 94% 94% | water gauge at the Wilson Dam 15| soi 24 |Secondary Rails Are Again| Libsasiss o1 tide 0930 10031 | vuiCarChom 1 9014 99% | inches below the low-water mark of 102 101 101 Lib 4th 4%+ 298 102 15 102 10 10211 |WarnerSuz7s'39. 1 81k 81% 81% |50 vears, and the drought in the Ap- £ Bl e U'S 451948, . West Elec bs...... 3 101 100% 100% | palachlan range is the most severe in 1% Leaders—0Oil Liens *Turn T8 L 8 ) rak T2z 10228 | Westn Union 6%s.. 1 111% 11008 11104 | ine Tnst generation. The Southern 7% %8°52 112 106 24 10617 106 1 Py g : Westinghouse 7s.. 14 106t% 106% 106% | Power Co. at Charlotte, 0% Reactionary FOREIGN. Willys-Ov 63%s°33. 10 10115 101% 101% | curtailed current to five days 70 - 3 Saler. Hizn. Low. Close. | Wilson & Co st 6a. 6 99% 99 99 |at 300 textile plants with 5.000,000 ! 2 ArgentineGs...... 7 83 88 8% |Winchester A 7i4s. 9 1024 101% 102% | spindies. 5 e Argentine 6s'Gs. w_xl 96% 96% 95% Youngstn S& T 6s. 16 100 99% 99% - - BY GEORGE T. HUGHES. rgentine 65 A. 96% 961 96% e i e Ay Argentine 6sB. 95% 96% RAILROAO. MARYLAND’S TOMATO L pecial Dispatch to The & | Argentine 7a 4-102% 102% | Ann Arbor 4s...... 5 74% T4la T4 | 175 181 NEW YORK. August 26.—A some- | Aus govt s 'G5 50 0914 '90% 99 | Atchisonadids. .. 1 84 84 84 CROP IS ONLY FAIR | i what easler tone was evident in the | Austria7s........ 26 99y 991 991 | Atohison gen 4s. 12 89% R9s, 89Y% 16 86% 86% 86% | bond market today, at least as far as [ Bank of Japan gs the strictly high-grade investment is- | Belgjum sues were concerned, although even|Belgium here there were points of exception.| Belgium 7s wi, | Among’ the speculative railroad issues | Belgfum 7148 99% | Atlantic C L cl 45 86% | Atlantic C L 1st 48, 924 924 | B & O Gold 4s. 96 96k 109 108% 109 38% 884 884 A 924 92% Yield—No Fear of Serious 907 90% 90%4 B& ithe points of strength outnumbered | Baigium 8s. . i 107%|B&O 101% 101 102% Shortage. | those of weakness. Folivia 8s. 21 9 |B&O 108 - 102% 108 | ..l Dispatch to The St | : Bordeaux §s.. 841, { B&Orf fmp 65 107% 102t 1029 | Special Dispateh to e Al Railroad Bonds Strong. iy 815 | B & O PLEWYV & 87 86% 86%| BALTIMORE., August 26.—Mary All the St. Louis-San Francisco obli- | grang | zatfons were very strong new | Brasy1 1181: 1184 118% [high records were made by the income { Canada s 1926 68 as they crossed 87 in large volume. | canada ts 1937 { Animated buying went on in the same | canada 54 1 | road's ndjustment bonds. carrying the | Canada 5 103 | B&O Sw D1v 5s cf o8 | B&O Toledo 4a. ¢ 1003 | Bklyn Manhat 6:. ording | 101% 101% 101% | Buff R& Pitt 43%s. 10 86% B85% £6% | to reports received by A. L. Sullivan, 1028 102 102% | canaq North 7s.... 8 115% 115% 115% | GIrector of the pure food and drug| 96% 96% 96% |land’s tomato crop 725 72 71 |large us in some previous 90 Ro% 90 to the unfavorable weather, a | : yeitt 11 82 915 92 | Heavier Acreage Ffllls to Boa“hmpvmn of existing concerns. T | {large corporations and fi require lines of credit greatl | able. i ill not be as|by the Rigg . due | respects, na burean of the State Department of | ‘SERVICE ENLARGED BY LOGAL BANKS Present Tendency Is Toward Absorptions—New High Marks on Exchange. BY CHAS. P. SHAEFFER An outsts local banking field, looking back ¢ a period of onl few years, tendency toward large titutio r by individual .growth or br a enables banks to meet the needs of m: cess of the amount formerly The lead has, of course, been ta Bank in b : a capit increase and in the establish branches. However, Riggs do stand alone. The Washing nd Trust, the American Security al stock ent o 6844 | quotation above 93. Chile 7s 1043 101 101% S 871 814, sqrs | Health. Trust, Second, McLachlen, Merch i Next in point of activity were the | Chile g5 199, 13 1053 102w fozrs | Central Pacflods.- o3 81 874 874| ihough the acreage planted | Franklin, Lincoin. District, even 1 Seaboard Air Line adjustments, Which | Chile 84 1941.. 110 12 100% 100% 109% | Ches & G ov 454n. . 31" 50w 305 o3 | throughout the Eastern Shore is ller banks such as the Washir also made a new top above 86, com-| Chile 851948, 110 110 Ch“&o;m‘a: + 3L 0886 % 9% |45 be unusually large, the crop w un,., Mechanics, boast mid 27 91 91 1% 5% 116% 102 pared with a price of, 851 on the day | Chinese Gov Ry 55, before. International Great Northern | Christlania 8. adjustments was the third member of { Con Pow Japan 7s. the speculative favorites. Selling at|Copenhagen 51is not be correspondingly heavy etious shortige, however, s expected. Inspectors working under Mr. Sul- livan are touring the counties in order 41| Ches& O cv b " 1118 ChiB & Q1st 89% | Chi& ETgn6s. . 8 1 7 0 7 7 1 3 S v g 102% 102% 102% | Canad Pac deb 4s.. 38 80% 80 0% 5 8 2 5 z Chi Great West 4s. Western and Northern 7s ran up a 79, it also was at the best price in Its | Cuba 5l . A bt i g . history. Cuoohio SR A3BL. o 19 109 ol oAU SpeeTEn tions are complied with I to-| G055 1 St poichia 88 1968 ot 26 09N S0 O EHER AR ES mate canming Tactories. “The canning Elsewhere in the raflway list there | Denmark6s....... 11 1027 102% 102% | C M & StPov 433, Drotnataly 0 dave; M. Sullivansin 4% | were instances of reaction, one of | Denmarkta + 85 1104 1104 110% | CM& Bt Dt d4fa. A4 | them being Chesapeake and Ohio con-| DEI5%s Mchyw- 27 101 100% 101 | C ”{“ . | i | vertible 5s down a point. The Florida mfic‘h\'l_;(\;’y 3 s CHICAGO GRAIN MARKET. | Dutch Bost I 65°62. 1 Salvador 85 '43. Finland s f 65 °45. CHICAGO, Augnst P).—Wheat took another drop during the early dealings on the Board of Trade today point and then sold off. Denver and Rio Grande Western s were in de- mand at hlgh«r prices and a frac- |and 1 :{ the favorable July ment. The ofl bonds were heavy and mostly lower. Ger Gen B! ¢C Munich Issue Bgoks Closed. Haiti 6a. In the foreign list more interest was ) *unEary i | taken in Mexican issues, following the | jAPanese 4s ation, that the resumption of debt | TAPanese 68... .. e wis near at Mand. The ad-|JerEens UM 6s'47. vahce in the French bonds seemed to 1¥ON483. ... have been halted for the thme. Hun-|Marseille g garfan Tiis were up a point Mexico 43 '04 asutd Announcewent was made of the 0 asntd closing of the bocks for the $5,700..| M as 000 City of Munich is offered to _\'leld(’\";"‘ 1%6s from 7 to 7.65 per cent. The serful N=' herlands 6s | feature of this offering, which is un- V"h"‘?nds €8 usual in foreign issues, attracted more | ¥ord 6% than ordinary lnu:nwl orway 515 wi. .. — Norway 631943 : \EMBARGO ON FREIGHT [3o3 555 Mmlngx state- C&WI54s762. .. CCC&BtLbs.... CCC&StLre6sA. 3 Cleve Term 5s. 4 Cuba RRGs.... 9 1 | side recently dumped quite a lot of of- | terings of all deliveries into the pit| and the buying v ture to give the market substan strength. There was enough, howe to hold the values within fairly nar row limits. Wheat opened unchang down, with September 9L and December at but b | passd eptember touched 1 | December 1.561;. Then the & lcame more general. the i Cuba RR7%s. . Del & HA 1strf4s. 3 Del Hud cv 55°35.. 30 Del & Hud b3%s.... 1 D & Rio G Wst 58..131+ Erie 15t cons 4s. Erfegends..... Erieconv 45 A. rieconv4sB..... rie Genessee It 68 rie & Jersey 6s. Fla EC 58 Fla W & N 7843 Gr Trunk sf db §s. Great North is Gr North gen 7s. . Green B & W db B and | movement stopped and a 4 103% ! tion set in 95 |sustaining influence. Offerings were 147 | grudgingly ta 107 | was easily influenc 98% | was recorded 1% down, with corn reg e 280 BlnntianfBe~ d alue + drop in t 98 to 951, oss, but the; 104 i .1 lN FLOR'DA JUSTIF'ED Pario Ty atte Hud & Man aj om. . .16 | shade aort i Serie et ‘:‘;’u. [11 Central ref 4 111 Cent ref 5s 111 Central 5. Int Rap Tran 5s. '5-Med Ts. Orlean . Poland 8s°50 wi... Z 1. C. C. Experts Believe Road's Ac- | Porto Alegre 8. but the market was listless and hovered within narrow limits Provisions were stead: WHEAT— Open Prague 7 Int Rap Tr 68 stpd. | Septeminr . 1 Proper— - Queensland 6= . Int Rap Tran 6s... 4 3 tion Proper—Governor Rio de Jan £3 1945. Int &G Nor Lst 65 108 i3 . s e Rio de Yan 83 194 nt & G Nor aj 6s.. 78% - " nq . | Sao Paulo State 8s. Towa 194 be s e St of S Paulo rets. Iowa Cent 1st is 59t By the Associaled Pres: | Seine Dept cf 7 Kan City Ft S is 86‘? Investigation of the embargo placed | Serbs Crot Sio 8s. KansasCity S os. 913 Kan City Ternrds. . Lake Shore 4s "28. Louls & N uni 4s Louis & N 55 B Louis & Nash 5 ga. | Eecsmb 16| Tanp = by the Florida kast Coast Raiiroad |Swweden 3 August 14 against certaln classes of | Sweden 63 20| carload. treight moving to points on | Swiss 6% 1946. 1251 its line is being made by the Inter- | SWiss Confed 8s. 31% | state Commerce Commission in - re. | Toklo bs. . ki = - Ud Kingm § > Market St Ry 7 99 RIBS 415 413 W1y |eponse to a request received by the | U4 Kingm 5% '29.. 11 1184 Li8 % | Mark s G RIBS 2 = s Gov. Martf Jd Kingm 538 "37. 105% | M E1 Ry & L 6. 891 | Gorer b m,‘;,‘ i%fl;’.’&f?“’" e O Zurien 1 108% 108% 108% | M & St L 1st rf 4s.. 21 oo Chairman Aitchison of the commis- s M&StLrtexss.. sion has asked traffic experts to report ZMISGECEANEOUG- “ # Ajax Rubber 8s... 7 99% 99y on the situation which they have been | s’y gr Chem 7448 42 104 10315 watching not only during the past 10 Am Chain sf 65 33 7 88y days but through a period of 2|3 helitiengs. . 1 97i vears, during which time embargoes [ 37 g thR 0 880 b GOl of lesser extent frequently have been | 3 Sy | Am Smit & R 6s. : 11 107% o Commission experts. while they | Am 38 15,65 e have not yet made their report to 5 Chairman “Aftchison, indicated that | Amm 1o cgoe. their study of the Florida situation | {Tm &'T deb % o has convinced them that the Florida | Am Water Wk 38. East Coast Road's embargo is Justified | At writ Paper 68, through the congestion of freight in i i3 GRAIN AND PROVISIONS. 84%| BALTIMORE. Md., August 84 |ciall—New potatoes, barrel, 1.7 beans 50; cabbage, sweet potatoes, barre ns, barrel, 1.0 rrots, corn, dozen, 5a10; celery 00 cucumbers. basket, xanu.o crate, . bushel, 75a1.2 ; onions e 6 (Spe 1.00a Mo Pacific gen 4s. . Mo Pac bs 136 Mo Pacific 65 5 Mo Pacific 6s cfs. . Montrl Tm 1st 58 assau E Ry 4 ew Or Term 45 2 9Th 6 101% 96% 5 102% 95% 5212 Con G NY %5 wi.. 17 103% 1034 1034 | Pennsy! Consume: W Pennsyl 6%s. Cuba Canecy 7s. Pennsyl gold 78 Cuba Cane oy Peoria & I Inc 48.. 10 Denver Gas Ge Pere Marq 1st 68 Det Edison 5840 PCC&SLLIsA.. 14 i Dodge wi 8s. . ' | Reading gen 435s.. 3 Donner Steel Ts. . 93 98 93 |y IMAS4s°39... 16 Duquesne Light 6. 5 105% 108% 105% | 8¢ 1 1areg adia. 28 b s StL&SFplésA.. 60 Rye—Nearby, new. 1.10 and 1.20 { No. 2 rye, spot, no quotations. Receipts. 68 tons. The de- is rather of a re- the trading at the | moment being mostly in less than car- load lots. Tor the better grade of timothy and choice light clover mixed 4| hay there is a fair demand in bing way. but all heated or Timken R B (14) Tobac Prod (8).. Tob Prod A (7).. Transcont Oil. Tnderwood (3).. Un Bag & Paper. Union Oil (1.30). Un Pacifie pf (4) Un Pacific (10).. «nd as the market | job- | " - a4 Cht P 1& l"f 4s. induced by lack of influential news ol stern nois P g l'hleonSta.; erators who had been on the buying! for this not of a mna-{ natfon fore the first hour had | ing be- | | feature on the v 103 Corn aiso suffered from the lack of | chan this fter opening 34 up to ¥ 140 share: | Light moved upwara t | | | {bv Martin bushel. 40a60; | | poration are at he 1. - o = kK, the cities of the State. Anaconda ev dbis. 53 102 oi% 1ot NoTexgaian, e Apples, barrel, 1.0 —————————— . | Andes Cop 7srcts. 984 NOT&Mbw%E. . . ! 1.50; damsons, bask Spicer Mfx. 30% Armour & Co 4 %s. 894 NOT&M&%sn. . 101 lh\lw basket, 15a Spicer pfy(8). ... 1045 Armour Del 5%s.. & NY Centachdn. ... 1 941 | 50a7 1h“t;‘klxe\>7_"" 3td Gas & E1(3). &5 Assoclated Ol 6s, 3 N Y Cent r 1 5 56 20145 | Lo e bushek. 2 0083859, . Bia GRs A Tt 1% Atlantic Refin 65. .. 25 S e e 9% | 1.00: watermelons, each, %a35: peaches, | stoilcait @), &3k Barnesdatlsf83... 1 NY Chi& St L 5%s 33 g7 |Dusnel 2.00a3.25; pineapples: ) crate Stod ... 40k Bell Tel Pa 53 13 NYC&StLG6sA.. 10 ape) | S00asal: StONNJ pf (1. 1T Beth Steel pm 3s... & New Havd 4s'37.. 3 Selling Prices at Noon. §td Plate Glass. . au Beth Steel 538 « New Havencd 6s.. 34 S Wintes st g0 Bissline Evod(s)., 21K Beth Steel = £65... 6 N Y Rys 6865. 10 F No. 2ived Winter Jpas e ap et e () Brier H St 1st5%s. 7 N ESenTten NI ey Pk Biyn Ed gen 5S... 2 W & Bos 438, 15 . e $ E Biiyn 1:d 68 B.osrs 2 Norfolk & W cn 43. 4 lots ot pem St Semugion, Bush T Bldg 5660, 2 orfolk & W cv 65, 14 P Symington Calif Pete 6%s. .. 1 orthern Pac 3s... 6 “ Telautogph 25c. . Con Leth 6345 cfs 4 orthern Pac 4s... 8 Chotc.00us Tenn Copper (1) Chile Copper 6s.... 2 orthern Pac 5s D. 14 R L e ] Texas Co (3).... Col Gas & El 5 L Northern Pacr i6s 3! Sk Tex Gulf 8 (T%) Col Gas & El bs sta. 11 Ore Short Liref 4s. 15 Tex & PacC&O. Commonwth P 6s.. 13 = Ore-Wash 1strt 4s. 9 hew, 461 d; No. 3 Tex & Pacific. . Con Coal Md 1stGs.. 2 831 83y, 83i | Pennsyl genos T e A Tide Water Oil. . 64. B { Rallway preferr | branches, Thus the natural effect is taking away some of the lo. attached to these institutions and giv ing to them a more or_ less nationa aspect. Broader Service Ofll‘rrn The tendency tow establishes the de: turther favorable effe customers a broader scope of service than could be expected f institution Distribution of nother : extent of them ory Aillated e This cl means loc es or correspondents I countr chara Local Utilities Higher. to fractionall wh 26 shares. Bond trading wa estricted sel vels. Railwa sixes ¢ ction 5s at 99 first 5s sold Telephone 5s bro \‘e“ fl'fif‘?s b, street the Southern I fiding. the speciali Finance (um-ern The Fede: being the third of the purchase Tha charges, int te Maj. W. H, anager. Garrison Banker Home From VYacation. C. H. Pope. vice Munsey Trust Co @ vacation in Ne: SHORT-TERM SECURITIES (Quotations furnishied by Red: & Co.) Un Tank Car (5) Empire G & F 735, 15 104% 104 104% [ 8t L& S F pr In 65, 64 T ot al d o damaged | Un Tk Carpf(7). Fisk Rubber 8 1 114% 114% 1144 St L& S F 6 Bard 1o wove af any ‘;)::c;. Sy Utd Alloy Steel. . Goodrich 638 6105 105 105 [StL&SF Quotations, . today: No. 1!cd . Utd Cigar (t3%) Goodyear 85 1981.. 21 110% 110 110% |StL&SF timothy, 21.50; N. 20.50 and 21.00: % i United Drug (7)., Goodyear 851841.. 12121 120% 120% |StL&SFplésC.. 1 No. 3 thinothy, 16.00a18.0 Utd Ry Tnves pf. Herehey 6%s wi... 27 98% 984 98t | StL S Weon 48’33, 17 clover mixed, 19.00a19.5 U S Cast Iron P. Hershey 65 1942... 1 104% 1044 104t | 3¢ P & KCShL 4%s 16 218.00; No. 1 clover mixed. 18. USCIPpDL(T). U S Distributing U S Hoff (2).... U S Ind Alcohol. Hoe & Co 8345 2 103% 103% 103% | SEabd A L 4s sta. Humble O & R 5%s 30 1014 101 1011 | Seabd A Liref 45 Illinols Bell 19t 5s. 2 100% 100% 1004 | Seabd A L adj &s Indiana Steel 55... 12 102% 101% 102% | Seabd A L con 6s ..118 112 895 365 Straw 1 oats, 12.00a13.00. 8844 U S Smeiting(3) USSmpf (3%). U S Steel (17). U S Steelpf (7) Untversal Pipe. . Univer P pf (7). Utll PEL A (2). . Utah Copper (4). Vanadium (2)... Va-Caro Chem Pa-Caro Ch pt Vivaudou...... 355 102% 1024 1024 | Southern Ry gen 4s 34 17 99 981 99 |Southern Ry 1st5s. 57 2 10234 1024 102 | Southern Ry ésct.. 8 6102 102 103 |Southern Ry 6%s.. 7 2 913% 91w 91t |Texas & Pacific 1st 1 I 93% 931 987 | Third Averef 4s... 10 8101 101 101 |Third Avead;Gs 4 5 3 45% Int T& T 6%s 46% | P &Lt 5s 124% | Kan G & E 68 '62 4 125% | Kelly-Spring 8s. + 384 | Keystone Tele 58 81 | Lackawa S 53’50 824 | Lacl G ref 6534 99% | Laclede G 535 '52. 3 Liggett & Myers 6s | Loulsv G & E 5652 1 10% | Mid-Con 638 '40... 14 | Midvale Steel 5. .. 25 higher than Tuesday’s general trade: bulk, 185 to 210 pound averages. 2.85a13.20; top. 13.30; \desirable 2. to 300 pound blitchers, mostly 13.35a 13.00; bulk, 140 to 175 pound kind. 12.75a13.00; desirable packing sows, 10.60a10.90; bulk, strong-weigh: slaugh- ter pigs, 12.75a13.00; hea hogs, 11.75a12.75: medium, 1 light, 1 .30; light lights, 11.008 11.30; light lights, 11.00a13.10; pack- 997% 99% 99¢; | Tol St L & W das. 100% 100% 100% | Union Pac 1st rf 4s. 97% 96% 97 |Union Pac4s’27. 1 9 984 98 98k | Union Pao cv 6s 5 01% 91% 91% | Virginia Ry 1st 5! lg 9 7 2 3 o 461 Montana Pow 8s... 2 9915 99% 9944 |Va Ry & Plstss ing cows, 10.50a11.00; slaughter pigs, - ‘Wabash pf A (5) =01, | Mor's & Co 1st ‘%l 2 3 82k 824 “:Ibl."l 3![»55. 3 00a13.00. L Wabash pf B 60 | N Y E 59’44 wi... 39 100% 100% 1005 | wopash 24 58, s Cattle—Receipts, 9,000 head: better Waldort (1%). .. NYGELHEP 48, 14 Wabaah b ¥ s grades fed steers all weights active, 88% 85 BB | \v- NYGELHEP5s. 18 108% T03% 1034 | \wemeorn Baotae 5o, 32 N Y Tel 43%s. 35 97% 97 97%|w, NYTel6s'41..... 15 187 1063 106% m,’,‘,i"fl'fii:‘,‘“,' h N Y Tel 6349 ‘e '0¢ 1934 LIVERMORE REPORTED fir) spots unevenly higher on heav- buyers scrambling for weighty kind; 16.10 paid for 1.138-pound aver- ages; long yearlings, 15.75: best ‘weighty steers, 15.75, with numerous loads 14.00a15.50: lower grades and \’\'esl:e‘m ng'nssers slow; steady to weak; in-between grades and fat cows Hree {3:’5 BACK IN STOCK MARKET | weak to lower: others and calves 96% 96% 964 steady; bulls 10 to lf_- higher. 97% 7% 97%| NEW YORK. August 26 (P).—Jesse| Sheep—Receipts, 17000 head: fat Ward Baking E. Warner Plctures 201 Warren Co (4).. 49 Weber (4).. West Pen (4). West Maryland. 18 West Md 2d pf.. 247 Westn Pac (ba). 31§ Wesn Pac pf(6a) 178% West Union (7). 131 West Air Br (6). 136 Westinghs (4).. 77% North Am Ed és. North Am Ed 615s. Nor States Pow b Nor States Pow 6: Otis Steel 734s. Pacific Gas & El 6s. PucT&T58°53... Pan-Amer Pete 6. 3: 891 89y 0% 403 Weston Elec.... 18% PhilaCo5%e’88... & 7% 974 97% |known market operators, is reported | 14-25814.50; city butchers upward to iy Westan A2}, S Phila Coref 65 A 108% 108% 103% [to have resumed trading in stocks |14.70: sorts gencrally ver St 99 Wheel & L Eri 2 BEEety & g 60 084 5k% | Wheel &LEDE.. 44 Producers & Rf8s. 9 110% 110% 110% |tion since about June, 1924. er on fat Western lambe: no: early C6% 64% 64% | White Bagle (2). 26% 105% 105 105 | White Mot (4).. 101%% 48% 44% 47 |White Rock (12) 41% 51 484 49% | Wickwire ctfs 8% 18% 15 15 | Willys-Overld... 19 214 210K 211% | Willys-Od p£(7). 104% 881 83 . 83k | Woolworth (3).. 166% 23 22% 23 |Worthn Pump... 89% 49 49 49 | Wright Aerocl). 29 Public Service 6s Pub Sery Elec ¥ P Serv Gas 5%s 59 Bomingtn Arme 6s. Saks & Co sf 76 104% 1064 | gnaron St1 H 88 165% 165% 381 88% Sinclair Ofl 6s. 29 98% 8% 984| Since them he has been active in|Sales: few lots fat native cwes, £.30. 106% 106% 1064 | grain and stocks, and is reported to s 103 ° 108 103 fhave cleaned up a small fortune when| CRUDE RUBBER UP 2 CENTS 89% 89% B89y | wheat broke from about $2.10 to $1.45 : 106 106 106 (& bushel. NEW YORK, August 26 (Special). 107% 106% 108% —Crude rubber advanced 2 cents to- S day to 84 cents a pound. This com- -HUGE WHEAT CROP SEEN, |pares with $1.13 a month ago and 9 6 .3 9 1 . 2 ¥ 3 5 Plerce-Arrow 8a. . . :m 108 106 - |after refraining from active participa. | CUll natives largely 11 0 3 2 13 0 6 0 o 26% cents a year ago. Sinclair Oil 19% 19% 19% | Yale & Towne... 63 63 S COEL e SYDNEY, New South Wales, Au- T 19 18% 18% | Yellow C (2.52). 444 & 4315 7 = gust 26 (#).—The chief inspector of 28% 22% 221 | Youngstown (4). 73 734 73 o };"’P‘m}'a; 39 < o e ‘gg“ agriculture Teports that prospects for wa SILK CHEAPEE 18556 dsin mis) <o lor So Por Rico Sug 75. 100 99% 99%% 'mfi 104’4 104%| the Wheat crops in western, south-| NEW YORK, Angust 26 (Special Southwest Bell 5s. . 27 100 10015 Western and the Riverna districts | Cotton goods mariet was steady ut 9213 92y | never were more promising. In the quiet today, with print cloths guoted mey-m. forred ents 107% 1054 106% | frcent % q o, nalfearly 1024, 102% | less Important northwest area he says | at 9% cents for 64 by 60-and 10% for 91% 80% 90% | Un! 1ted Drug 6 .2 104% 104 ° 1 the conditfons are not so snm-cwrv 68 by 72, Raw silks eased off 2% to 81 81 31 'm"' E : i =2 4019 I but that a faiv harvest ts expected. v 15 cents & Dound. 2 i 106 106% 1064 | Livermore, one of Wall Street's best | Pative lambs active. firm; early bulk, | No. 1 wheat, 11.00a12.00: No. | G U SRealty (3) 1423 | 1nt Mer Marine S 8¢ 83% 83y, | Sou Pacific 43'29.. 66 J 8 Rubber IntPaper58°47.... 2 O1% 91% 91% |SouPacificcitds.. 5 Z U S Rub 1st (8). % 103% | Inter Paper 65..... 32 9b% 954 g& Sou Pacific ref 4s.. 43 CHICAGO, August 26 (#).—Hogs— | Peina. & Recelpts, 12,000 head: unevenly 10 to lw {19.44; Sweden, regon Shor air Cr. Ol P. C & FOREIG! FX(‘HA\(-I‘ (Quotations furnished by W. B. Hibbs & Co Nominal Selling checks zold value, today London. pound LS4.8605 $4.85% Montreal. dollar 1.00 Panis. franc 3 Brussels. franc Beriin, mark. Rome. lira Zurich. franc Atpens. drachmi Madrid. peseta Vienna. crown. Budapest. crown. Prague. crown Waraaw, zloty. ... Copenhagen, crown Christiania,” crown. Stockholm,” crown. NEW YORK, August 26 (#).—-For eign exchanges steady. Quotations (ir cents): Great Britain, demand cables, 485%: 60-day bills on 4817%. France, demand, 4.68: 4.68%. Ttaly, demand, 3 3.741%;. Demand, Belgium, many, 23.80; Holland, 4 cables, : Spain, 14 40. Greece, oland, 17%; Czecho slovakia, 2.96; Jugoslavia, 1.79%; Aus tria, .14%4; Rumania, 497%; Argentina 40.50; Brazil, 12.50; Tokio, 407: Shan ghai., 79%: Montreal, 100 1-3. o witzerland TREASURY CERTIFICATES. (Quotations furniched by Redmond & Co !