Evening Star Newspaper, August 29, 1925, Page 10

* FIN ANCIAL. MOVES ARE MIXED IN STOCK- MARKET ... Motor, Tooacco. Chemical and Shipping Shares Up. Specialties Off. Br the Associated Press W YORK, August u8.—Crneven o movements characterized today's Kk market gh priced specialtie ithin more narrow limits m recessions of 3 and 4 points in arysler and United States Cast l(‘(\ll »e. respectively, movements in th <ues were generally meaningless. Bullish operations were effective in number of motor, tobacco, chemical bipping sha Ofls held rel eady: despite further crude fluctuate ice cu Little speculative interast was mani- ested in the r: although Gulr, ile and sern preferred and lorado and Southern were lifted to highs. The closing \V'u,v 500,000 sales approximated COAL STOCKS DECLINE. \nllev and D. & ll Sell Oft in | Short Session. BY STUART P. W h to The Star NEW YORK, August 29.—The pro- eedings on the stock exchange in today’s two-hour trading provided few Lehigh The most noticeable incident was he further decline in the shares nthracite carrying railroads. L(Xu,’; Valley was down o a point and Delaware and Hudson, w ) since Thursday, was rom its recent top. Colorado ithern on the other hand surpa: previous high for the year. A tew of the motor shares were in nd. All three classes of Pierce \rrow shares went ahead briskly to ir best prices for 1925. The pre ferred issues were espect Dodge preferred A went forward again. New York Shipbuilding galned several polnts. and among the specialties, G: el Snubbers, Eaton Axle and Wik Wrigley iwere favorites. Asso. oods, American Can, Gen- and Chrysler Motors from 11 to 4 points er were bid moere up Colorado and Southern. thern Railw: s for the vea: Colorado and #0ld at its ‘\XH Colorado rn’s earnings are runn o ‘tory Tate— rwln(“hhlc in excess of $10 a share. Yet nothing is being paid on the com mon nor are dividends on that fssue Leing contemplated, according to most reliable information. The current buy- in the stock is regarded as a r nae to the favorable income po: the railway sharee Certain-Teed Products. a5 a_renewal of intere: eed Products in recogilition earnings and strong finan of the compa: » or rounced th he go ial post der of its 6% per cex bonds. There are_ referred, both of vecord | comno; while net the rate of NEW 'nre-;m Pierce Bond Foreig fan_ currencies rise asy; Southern hedge sc nd coffee—Holida; NEW C.&0. EQUIPMENT TORK. advance. TO COST $8,000,000 President .Harahan Authorizes Buying of 110 Locomotives and Many New Cars. Special Dispateh to The Star. RICHMOND, Va. August President \V. J. Hamhan of the Ches. apeake and Ohio Rallway Co. has au thorized the ing equipment, to estimated cost 20 simple mallet locomo- | Mikadoes, heavy type: sific type locomotives, | 0 heavy type ewitch engines, 12 steel caboose cars, 10 all-stesl combt. nation passencer and baggage cars, I.steel irs, 2 ditchers. 4 dump cars and locomotive cranes. COPPER PRICES SHADED. 28 (AP).—Cop- crolytic spot eadp; spot astiSt. Louis 7.60. | Antimony Spo SpO RAW QIL]\ PRICES LOWER. NEWYORK. August 28 (Special 1 week quiet cloths elosed t of note at 10 cents a pound lower . FIRST DIVIDEND VOTED. W YORK. Aug which is nof ‘gtherhood of Loe and affiliated interes an (initial quarterly share on the cor GERMAN BONDS AND STOCKS. (Ruoted . doliars mittion ma 191418 aTo vd loan (sm D) = thous .00 5.00 10200 50 d marks.) 800 | =200 e Z00 300 so0 90 | upp s 1821 200 jort 3& Dre-wa q e i 0.0 | /00 3.00 100 | 0 | Intl Paper pt (7) Deutschn Bank. {larmstasdter B E'm:ur Bank e K.00 1.50 14.00 39.00 | ommerz and Privat Bl lsconto Gellschaft TREASURY CEETIFICATES (Quotations furnithed by Rednion T h had not | purchase of ‘the tollow- | NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office — | 18 Exp (6). ir Reductn (4. AJax Rubber. Allled Ch Allied Cin pt! | Al'ts Chalm (8). ' Az Agricul Chm AmAg | Am Beet A Chain A'(2). Am Chicle. . Am Chicle | Am Drug. !Am | Am Ice (7). Am Internatl. Am La Fran (1) | Am Linseed. . Am Toco (+18). Am Rudlut: Am Safety R ( | Am S & Rer (6). 1 A Stl Fays (). | & Sugar. Am Sugar pf ( Am Tei&Tel (3). | Am Tobaceo (7). Am Toba B (7).. | Am Typ Fdrs(8) [Am WwaL. 120 :n Woolen. ... | Anaconan €Sy | Archer-Daniela. | Armour i A {Am Cons&Co. Asso Dry G(212) 4550 0!l (2).. | Atenison (1) Atchison pf (). At Birm & Al |AtGuirewi.. Atlantic Gulf rts At Gulf & W1 pf ¢ | Atlantic Reft Atlan Ref pf(7 | Atlas Ta Baldwin L (7 Balto & Ohio(3). | Bang & Ar (3) | Barnsdall A. Barnsdall B Beech Nut( Belding Bros(3). Bethlehem Sti. Booth Flsherte: Botany A (4) Briggs Mfz(313) Bk! Edison (8) Bki-Man Tran 1 Unlon G(4). Brown Shoe (4 Brunswick-Ba | Burns Br pt (7). Bush Terminal.. " | Butte Cop (30c). ;| Butte & Sup (1) Cal Packing (6). Calif Pemt (2) Calumet & H (1) Can Pacific (10). | Cent Leather.... | Cent Leather p. Cen RRofNJ t1 Cerro d Pasco(4? Certain-Teed (4) Chandler (3). | Chees&zOnio . Ches&O pf(61). Chi & Alton Dt. Chi & East 111 p? Chi Great West. Chi Gr West pf.. ChiMii & StP... Chi i & StP pf | Chi& Nwn (4 | Chi Pneu T (5) lcuir1e P CRI&PDL(S) | Crtiaa (1o { Chlle Cop | chrysler Corpn. Chrysler pf A(8) Coca-Cola (1) ... Col Fuel & Iron. Colo Southern. .. | Colo Sou 1st (4). Col G & I3 (2.60). Col Carbon (4) - | Com Solv A (). Congoleum (2). Consol Distribut Consol Gas (5) Consol Textil Cont Can (4). { Cont Can pf (7). Cont Mot (80¢) orn Prod (2). Corn Prod pf(1). Cotty, Inc (3.80). | Cructbie Btl (4). ubap Cane Su | Cub Cane Su pt | Cuban-Am S (). aman's (3) .. Cuyamel Fr (4). { Davison Chem Del & Hud (8 Del L & Wn (17) DRG Wstpf... Bros CLA Mastman (18). Taton Axle c Powr & P&L pf 40% pé | Eiec Str Bat (4). mmerson B pf. | Fnd John (5) |Erte RR | Erte 15t pf. | Famous P1(3).. Wed Min pf (7). Firat NutP pf(8) Fiakz Rubber. ... Jetschmana (15) oundation (8) enort-Texas. lJ( n Baking (8). ien Cigar (8). Gen Electric (8). Gen 131 spec 60¢ | Gen Mootrs ( Gen Qutdr AdY Gen Outdr Ad A Gen Ietrm (2) Gen Ry Sig (8 Glubel Bros. Glidden Co. | Gold DI Goodrich Ru (4). Goodyear pf (7). *thpf (5) Nor Ore (1) Green Canan. . {Gu's Mo & No 2318 N of (8 tates S (o) enold I FHouston O1l. EHudson o lindson Mot (..- tupp Mot (1). Indep O11 (1) | Indian Motorey Tndizh Refg ctfs Int Bus Mac (8). | Int Cement (4) {In Cement pf(7). | Internat Har (5) | Inter Har pf (T). | Int Mer Marine. | Int Mer Mar pt | 1nt Nickel Int Paper | Int Tel & Tel (6) | Jones Bros Tea. | Jordan Mot (3).. Spring pf. Kelsey Whi (). snnecott (3). .. ICeystone T & R. Lehigh Val (3%) o (4). 1081 1083 . 11 108 120 THE EVENING Liz &My B (14) ! Lima Loco (4).. | Loews Inc | Loft, | Lortllurd (3). Louistana Oil. .. ' Louiaviile Gas A Louis & Nsh (6). [ Mtecro B (1. 60) . | Mack Trucks (§) Jagma C (76c). Taliison & Co “ | Man-Elev gta. Maracatbo O11 Marland O (75c) Marlin Rock Ttfl ¥ Dept St (5). tro G pect. 12) {an & Tex. & Tt o). . sourf Pac p?. e ( Nat Bicuit (5 Nat Datry (3) Nat Distillers. {Nat Enaniel &'8 Nat Lead (8). Nevada Coppe: ¥ Canners (2) ¥ Cen: C OnEw; Shipbld worfolk South L& (. North Pac (s). Norwalk Tire. . (1.80), levator (§) Steel. ... Steelpf.... Owens Bot (8).. Orphe: ozt [ Pacific Gas (8). Paciflc O} (3) or B (§). mer rts. .. RE (). Seab Bteel. Pere Mar pf (5) Plila Co (4). Phillips Pet (1) Plerce-Arrow Pierce-Arrow pf Plerce Of1. Plerce Fetrol Pius Coal. Pub Ser ) Pullman Co (8). Punta Aleg Sug. Pure O1) pf (8). | Radio Corpof A. !1544 Cons Cop... Remmtugto Tyve 1a Ins (8) 1 Dea 1 h Ld (2) t 1, & San F (5) DE(E). St L Southweet. Savage Arm Sclhulte (8). Seaboard Air L. Seabd Alr L pf Sears-Rebk (8 Shattuck F G Simmeons Co (2). ! Stmms Pet (1) | Stuclatr O11 | Skelly Ol Southern Ry (5). South My pf (5). Spear&Copf(7).. Splcer Mfg Std Gas & L3I (2) . StdGas & E rts Std G&EI p? (4 StOtlCalif (2). .| BtOIINT (1), 10 102% 44 3504 561 | 041 10415 334 102% 80% StOUINJ pf (7). Std Plate Glass Stew-Warner(5) Studebaker (4).. Submarine Boat. Symington A(2). Covper (1) Texas Co (3) Tex & Pac C &0 Tex & Paciflc Tobac Prod (€). Tob Prod A (7).. Transcont Otl... Underwood (3). Un Bag & Paper. Union O (1.30). [ United Drug U § Cast Iron | U S Distributing U 8 1nd Aloghol. ) S Steel (17). | U S Steelpf (7). | Untversal Plpe. . Univer P pf (7). Uti: PEL A (3).. [ Ve Garo Chom 5. Va-Caro Ch pt | Wabash. .. | Wabash pf A (5) Ward Baking B. | Warner A (1%). | Weber (4). | West Blec pf(7). West Maryland. West Md 2d pf | Western Pacifio. (Cestern Pac pf. West Alr Br (8). } Westinghs (4) | Wheel & L I = “\'neemn 28% White v.s:m White Mot (4) 6% | Wirtte Rock (2 1441 6874 30!- 4| are the annual cus] 21 24 9% T8% | Wickwire etfs. | Willys-Overld Willys-0d p2(7). Woolworth (3).. rthn Pump. . 1ght Aero(1). igley (183a). Yale & Towne. | Yellow C 2 ! Toungutown (4) *0ad lot. extra Tates as | latent quartorly o, Unless otherwise dividends ure wot included CRUDE BUBBEB. HIGHER. NEW YORK. [ Macy HR& Co.. Iarket St prior. i Pacific. Tex Gulf Sul (8). “Open. 6515 144 247 1163 91 220% 20 bt ur 13 Pierce-A prior §. 1 1067, 116‘4 474 1129 12 odiy 901, 1037 8 436 60% 44!4 80% - 1267 172 B2% 881 1245 41 8155 314 10% 47 2% 630 204 1074 1674 sPayadle in ven in Ry s e -searly declarations, ' noty Avgust l'ujtruua rubber prices rose 4 cents a pound today to 88 cents. extras or High. Low. lmm‘ 6616 654 625 | 381 | 7% flan byl { 115 i | "m} 47% { Line issues were heavy, STAR, WASHINGTON.' D. C., SATURDAY, AUGUST 29, 1925.° IN POLISH BONDS Moves in Railroad Liens Are Mixed—Phone Issues in Good Demand. BY GEORGE T. HUGHE Special Dispatch to The Star. short session. melo\'ement “ a direct re- sponse to the announcement that lha i New York Tederal Reserve Dank had lgran nted @ 10,000,000 credit to Poland d in support of Polish ex- Other foreign issues wi and fractional higher. Bolivia showed Do concern o isturbances in French issues polit | Amoug hat ¢ Selne untry. were Railroad Moves Mixed. More ir: appeared in the speculative rafls. There was a good deal of selling of i-lKansas- adjustments, carrying the price | n_nearly Seaboard Afr though the n and Northern 7s went St. Louis, San Franclsco Dpoint Florida West up e point. |and the International Grea? Northern 6% | a3 86 |1 { slightly, | | i | 30 I 1363 | 1404 | a4ty 6% 125 Gty 26% 45% | 39 120K 804 | 84 ‘ ioaed lSGl. H 32% 8814 | 414 | o4 453 ) 121% | 2. 124% 0% 31% 294 24 3ite | 291, 2 104 46% 1% 64 | 204 | 6015 | * 110% | 16'% 23% 31 I 1324 Tok 4 25 981 424 i 19% 1073 1674 | 8% 30 Ba 65 €1 referred stock. | scove table | (Special).— This com- | 810,000.000 C 4 {made regularly igsnes were 1Obio, Toledo, lost Zround. Baltimore and avi; steady. Cinetnnati ip on the week the lberties w but losses have Leen sm: The maurket is awaiting termis | Government financing to September 3 requirements. Novel Issue Next Week. A novelty in the way of new offer- ings is scheduled for next week in the shape of an Italan industrial, lire issue. It is to be an oblizution ¢ the Crespi Cotton Works and will carcy @ guarantee of Italian ange based on the pound sterling. Offe ings this week have amounted to little les3 than $10,000.000. Phone Issues Strong. NEW YORK, tial price change to fractions, s were limited nain- improvement in Tlorida Western uthern Ra y and s s increasing the upward trend in revival of intere brought WIDE INTEREST TAKEN IN STEEL CONSOLIDATION 28 (). —The ierger talk in the steel| ving the Otis Midland cumibull corapanies has a ince the com- has seen no of any magnitude. velopment inter- some quarters as indicating of independients zin of profits | onomies of DROUGHT FORCES YARN reports of | of the | August 29 (®).—Ini les are Lib s des Lib 1st 414s Lib2d 4Ys. Lib3d 43 Lib 4th 4% USds1944. FOR Argentine §s°39. Argentine 6s A. Argentine 6sB. . Argentine 7s.. Aus govt 8 ‘58 | Austria 7a. Bank of Japan Belgium 6 Belzium 7s wi. Delgtum T3 | Berne 8. Rolivia 8 Bordeaux 6% | Brazil 7= | Braz) 8 Canada Canada is 1 ‘anada b3 s 10 hile T 184 hile 85 1941. hile 85 134 hiristiania Copenhagen § Cuba 51 Czecho §5 1951. Czecho 85 1252 ct.. Danish Munic 8s B. Denmark: 83 DET5%e Mch 58, Duteh Fast I 68 '47. Dutch Best I 6362 ¥inland s f 68'45. . lands 7s rench | French 85 Ger LIl 612250 German 7 4 Ger Gen Fileo Ts. | Greel 7s. Halti 6. Tungary §%23. Japanese 43 Japanese 814 ; Jergens U M 65 '47. yons 5. areeille li) ! A orway 65 1943. | Norw Y 68 1844 . Norway 85 1952 Norway { Paris-Ly Poland 85 ! Queensiand W | 1tio de Jan 85 1948 | 8t of 5 Pauto rota. wiss b1 1946, Swiss Confed 8. | Zurich 8s | An Smit& R 1st os | Am Smit & R 6s. Am Sug ref §. 5 AmTé& Teltr ds.. AmT & Teltros.. AmT&Tsfos Water Wk: Anaconda 1st conda cv db MILLS TO CUT OUTPUT! August 9 UP).— production by miliion K of the prolonged drought section. Virtually all combed s ure at present on a day ght r as a res in this ver: POLISH CREDIT EXPLAINED ranted Bank Is for Stabilization Uses YORK. August 20 (®).—Fed- rezerve officials explain that the $10,000.000 cred 5 been granted to the Bank of Poland for ex- change stabilize iffers from th $200,000.000 zdvance made to Greaf Britain last Spring in connection with the return of the gold standard. ish credit is based on gold collateral and similar to routine on gold,” which the reserve bank while the transaction h the Bank of England repre- sented merely a pledge to pay if the credit was used. U. S. STEEL SHIPMENTS ARE AHEAD OF ORDERS| NEW YORK, August 29 (#).—Ship- ments of the United States Steel Cor- | poration are stlll running ahead of incoming business, although the margin is understood to be narrow. Heavy specifications against old book- nn;:h ‘however, have enabled the cor. | poration to maintain its operations | .above 70 per cent. most of the Sum- mer, desplte declining orders. The unfilled tonnage statement of the company for August probably will how another slight decrease, but { \Wall Street does not expect it fo ex- ceed 100,000 tons. DAIRY PRODUCTS BALTIMORE, Md., August 28 (Spe- clal).—Live poultry—Young chickens, pound. 25a33; Leghorns, 22a29: old hens, 30a29; old Leghorns, 20a22: old roosters, 17: ducks, 20a25; pigeons, pair, 25230: guinea fowl, each, 60a70. Iigge—Receipts, 163 cases: native 1 [@nd mearby firsts. dozen. offered at 32 a33. Butter—Good to fancy creamery, pound, 40a45; prints, 45a47; ladles, 85a store packed, 34: dalry prints, 34a process butter, 38a38%: rolls, 34a36. NEW YORK DAIRY PRICES. NEW YORK, August 29 (#).—But- Firm: receipts, 8,772 tubs. Eggs— receipts. 1,914 cases; nearby \\lxlle: closely selected ex- > nearby and nearby TWest- ‘hennery whites. firsts to average s, 42a36: nearby hennery browns, 4la48: Paclfic coast whites, 5 do., firsts to exlra Cheese—E: T 204, ‘l"\) pflundd firsts, celpts, STOC; TvO BE BETIB.ED NEW YORK, August 29 (#).—Re- tirement of the preferred stock of the Chrysler Motor Corporation is expect- ed to be voted by the directors at their meeting next week. Current earnings are reported to be running at the rate of $32 per share. LOAN EU)!OBS DOUBTED YORK. August s of an impending loan of $6,- | 000,000 to $8,000,000 for Honduras are ! not’ serlously credited in Wall Street. ,While the government has author- {ized additional financing. bankers point out tha: it will be necessary to take care of loans now in default be- pares with 95 cents a month ago and | fore the sale of new bonds can be con- vear ago. sidered. Pol- | oreign loans | ). — | e Copper 6s. | Col Gas & E! 55 sta | Comn hP s, { Con Coal Md 1st 5 : Con C Y o%s wi. | Consumers Pow 5s. { Cuba Canecv 7s... | Cuba Canecvdss. | Cuban Am Sug 8= | Det Ea! | Dodge | Donner Stael 7s. | Du Poutd | Duquesne i Empire G & F | Francts Sug 7 Goodrich 64 . | Goodyear 88 1951... | Goodyear 885 1941. . | Hershey 5 %= wi. | Hoe & Co 6 %e. { Litnots Bell 1st nl 169 | Int Mer Marine ¢ | Int Paper Inter Paper 2 |Int T&To%swi.. P& Lt5s A6l Spring 8s. Heystone Lackawa S 55 '50. . | Laciede G 538 '52. | Liggett & Myers 53 Lorillard (P) b: Manati Sug st 7 Mid-Con 6%3 '40 | Midvale Steel 5 Montana Pow o | Mor's & Co 1t 4348 Nat Tube 1at Gs. N Y Eden 18t 63%s. NY Teldtse.. NY Tel 63'41. North Am Ed §s. | North Am d 6348, | Nor Ohlo T & L 6a. Nor States Pow bs. Nor States Pow 63. Otis Steel Tis. ... Pactfic Gas & El 8s. Puc T& T 35°52... Pan-Amer Pete 6s. Phila Co 5%3 38 Public Service 6s. . P ServGas5kh PBervGasil { Punta Alegre 7s. Saks & Co st Ts Sinclair O1l 68 Sinclatr Ol § Stnclair Ofl 7 SnCOPLS6s'2 Sin Pips Line 53. .. South Bell Tel 5s. . Southwest Bell 5 Tenn Elec Pow 6s.. Unitad Drug 6s. {USRub1strts | UBBteel s£5s.... rChem Ts... | Va-Car Ch 7%s w.. | Vertientes Sug 7s. . West Elec5s...... Westn Union 6. Westinghouse 7s Winchester A 71is. Youngstn S & T és. Acchison gen 4s. Atlantic C L cl ds.. Atlan C L 435 '64. B & O Gold 45 B&OPLEWV ds.. B&O Sw Dty 55 cfs. B & O Toledo ¢s. .. Bklyn Manhat 6s. . Buff R & Pitt 4363 Canada South §s. .. Canad North 6%3. . | Canad Pac deb 1s.. | Central Pacific 4s. . Cent Pac 15t 5590, Ches & O cv 4% Ches & O gn 4 Ches & O cv T Chi B&Qgn 4338, ChiB& Q Istrtos. Cnl& E1gnbs, Chi Great West 49 CM &St P 4s"35. CM&StPevk 24 101 2 EwmarKeaaneaseninka :5-11;:-—5——‘-— ©wo P AR R BN DO b A D ~ 5D Ol i D e 80 ) O S (D €10 DS I ia 81,000, !IGN. 10030 1011 4 10117 10117 10117 89 10214 10211 10211 8 10228 10228 10223 Sales Huu Low. 21 18 8 17 1 154 162 Y 2 13 RAILROAD. 1 89% 2 88k 4. 92 5 88% 4 90 5 101 4 102% 4 ST 60 05% 9610 9% 41084 109 % 1017 102 104 88% % 108% 294 764 20 101 110% 1064 1018 29% 8%y 86 22 88% 90% 101 102% 87 98% 1% 8% 851 1024 Sales. High. Low. Clote. 4 53 88 86 L1 49 48% 49 I3 40 4B'% 483 104 104 104 74 96% Tove Closs 95% 06% 004 102% Chi Union Sta C&WI15l%e's: CCC&StLrfen A Cleve Term & Cleve Term %3 Cuba R R 58. Del Hud cv 58°35.. Den & Rio G cn 4s. D & 1210 G imp 5. . D & Rio G Wst 5s. . Det United 438, .. Lrie 15t cons 4s. Erie zen ¢s.. Erieconv 4s A. lirte conv 43 B, Fla W& N 78'43. .. ¥t Trunl of db 63. Great North & Great North 513 Gr North gen 7s. . . Havans ERL&P '50 Iud & Mau ref 5 Il Central 6i5s. 111 C-C St L&NG Int Rap Tran Se... Int Rap Tr &8 stpd. Int Rap Tran 86. Int Rap Tran 7s. Int & G Nor aJ 6 KaneasCity S 5s Lake Shore 4s 8. . Lehigh Valcn 4s. Market 5t Ry 7 MK&T 1at ds MK&T4sB MK & «d) 58 MK&TprinssA. Mo Tacific 85 cfs. . Montrl Tm 1st 5s. NOT&M3%sn. N Y Cen gen 3%s T Centr i 58 Y Centdeb 8s.. Y Cent L3el 3% NYC&StLdb4a. hi& StL %58 YC&StL6aA. w Hav deb 4558 ew Havencdés.. Y Rys 68 6. 101% 7% 101 Y W & Bos 4135, rfolk & \¥ cn 43. hern Pac 4s. .. Northein Paor ! 6 Ore & Calif 1st §3.. Pere 3arq le PCCe Reaciug G =B ammn Gaomt %1 Seabd A Liadj 5s. 102% | Seabd A L cou 6s. Sou Pacific 4s " 100's | Sou Pacific ref 4 1014 | Southern Py gen 4= 9s's | Southern i | CHICAGO I.IVE STOCK MARKET CHICAGO. August 23 (Speciall— Trading on the local live stock mar- ket was dull. Prices rose in all mar- week ago. Prime steers reached the I high of the year at & A fair de- mand was shown in hogs, but the de- cline remained at 15 cents. as com- ! pered with last week. Not enough | sheep were on hand to create a de- mand. Cattle supply was meager. Less than 300 fresh animals arrived. Top prices for steers were the best since | 1924 Bulis also wi in demand. but calves closed the week at a decline Of the 3,000 hogs arriving, 1.00 were bllled direct to packers from other markets. Sellers had about 004 | 833 | 9% “oly 99 101% 9114 3% | Good pack hogs made 10.50a11.00 and best pigs 13.00a13.35. Top hogs sold at 13.40a13.50, as compared with 13.50 week ago. GRAIN AND PROVISIONS. BALTIMORE, Md., August 29 (Spe- clal).—New potatoes, barrel, 1.7524.00; culls, 1.26a1.50; beans, bushel, 30a50; beets, 100, 1.50a2.00; cabbage, 100, 3.00 a4.00; eweet potatoes, barrel, 1.00a3.50; vams, barrel, 1.00a8.00; carrots, 100, 2.00a4.00. 8al1d; celery, 1.50a2.00: cucumbers, hasket, ; lettuce, crate. 50a1.00: lima Xbmns, bushel, 50a75; peppers, basket, | 25230; onions, bushel, 1.50a1.76; :quugl 208 101 87 100 984, ol 99% 83 102 114 27 108% | w1 103% 934 | 2 96 104% 101% 961s 96% 106% 7% 29 103 basket, 20a25; tomatoss, hamper 40; packing stock, bushel, 40a65. Apples, barrel. 1.00a3.50; bushel, 302 1.60; damsons, basket, 60a85; canta- loupes, basket. 20a65; grapes, basket, 60a90; huckieberries, quart, 20a23: bushe!, 2.00a2.50; basket, 60a 1 elons, each 8a35; peaches, 108 1.7528.25: pineapples, crate, 106 105 549.’ 1% 100 85 | lollt-‘ 100 | 10245 1044 | 88% | 106% 99% 6% 90 101 110% 106% 1015 100 bashel, 2.0023.50. COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY LUBEC, Me., August 29.—Sardine factories at Pasamaquodd: Bay points are at the height of the season, due to a big run of herring, many of which appeared on the American side of the bay. Canadian prices of $10 a barrel have been cut to $3 for American fish. DENVER, August 29.—For the first time since its discovery the Salt Creek field will hit a complete test of all its ofl bearing sands. A well started by the Midwest Refining Co. 92 | will cut all the underlying structure 88% | and producers will know what re- BU«u(uarval they can depend upon. 101 102% | JACKSONVILLE, August 87% | Seaboard Alr Line Rallroad pur- 96% | chased 12 new dining cars, 17 Mi- 71% | kado locomotives and _miscellaneous 894 | rolling stock to cost $1,500,000 for use 863 ) on 1ts Florida divislons this Winter, GRAND RAPIDS, August 29, Local growers who are recelving cents to $1 a bushel for outdoor grown | 87%, tomatoes believe prices have reached 98% | bottom. Increased demand in the next fortnight 'is expected to force prices somewhat higher. CLEVELAND, August Peerless Truck and Motor Corpora- 754 | tion 18 planning to change its nam 64 jto the Deerless otor Car Co., give 8% | P 1ts Vievinia charter, reincorporate 4 | under the Ohio laws and a.uponn with . ! the holding company. 884 864% —The 4| pressure put on the | kets except hogs as compared with a | Cows and helfers closed strong. | 8,000 held over from the day befors. | FINANCI !ABVANBES TODAY | Coxzewvors BONDS soensser] | PRICES IN TUMBLE Received by Private Wire Direct to The Star Office. UNITED BTATE).. Sales. High. Low. - INGRAIN MARKET Wheat, Corn. Oats Break | During Week—Drop Also in Provisions. By tie Associated Prees. CHICAGO, August 8. —Started by | the bearish Government visible sup. ply report at the beginning of the week, all grains on the Chicago Board of Trade tumbled downward in pric during the succeeding days, owing the lack of sustaining news and t rket br be: ish operators and commission ho; while the m was in a posi to be easily i Jomipared lower: corn oats dov cents to $1 ! Drop Follows U. Report. ! decline in wheat g taneously with the énnouncement the Government report on \Xnnd.&) the leadirg grain dropping 1° cents. On top of this came repo of frosts in the Northwest. and the next day the market took another| tumble when professtonals showed ac- | tivity on the selling side. Later influencing reports became scarce and the inarket became un- easy, with the result that it was easlly influenced, and, despite light offerings, wheat dropped another point or two. The hammering procees that had been going on for three days was continued on Thursday, but rather §00d buyving was noted, and this was folloved by a bullish sentiment that carred the market slightl sbove Wednesday's close. and | wer ! Pressure I« Renewed. Toward the end of the week, how ever, sustaining news d to mate- rialize and the hammering was re- sumed. The final day found the mar- ket with the low figures on all deliv-{ eries for the present miovement and | the low on corn and oats for the sea- son. To a large extent corn acted inde- pendently of wheat, particularly in the September delivery. This month reme brunt of the attack es and at the end it was < lower than a week ago. : in oats was responsi- | ble for that grain's not follow others to the Llg lusses 'RAILROAD EARNINGS UP ‘ABOUT 33 PER CENT i expected 90,060 and $100,000,0 increase fs ma 'SEES GREAT FUTURE FOR LAKE OIL BASIN| NEW YORK. August 20 (P).—The| |Lake Maracaibo Ba jcoming to be considered as one of the world's greatest ofl regio to F. Douglas Cochrane, jthe American Maracaibo Co. stitutes what iz probably |of! reserve in the Western Hemisphere, outside the United States,” Mr. Coch- | rane stated. | “Geologically it is geosyncline com- posed of relatively undisturbed sedi- ments of a character, thickness and structure highly favorable to the pres- | jence of oil pools.” 1 i TODAY'S GRAIN PRXCES CHICAGO, August 29 (®).—Liquida- {tion in September and December wheat | started at the opening today and al-| most immediately became genera values taking rather a sharp bres Stop loss orders were uncovered when | | December hit 1.54, but even this proved | nly a temporary halting place. De- | cember, however. droped to 1.5 and | | Beptember 1.3315 before the firet hour ended. A slight reaction set in at| these figures and the market strength- | lened somewhat. Wheat opened 1 up to % down, with September and ,fgcf:nber at the same figures, 1.55 to Corn showed stubborn resistance and independent strength, but declined | somewhat early, purely in sympath wheat. Prices soon steadied, however, at about half cent below the opening ‘figures. Corn started '3 up to % down, with September 92%: to} Oats wheat. After opening unchanged to 15 up, September at 383, this deliv ery declined %%. although offerings! were exceptionally light. Provisions were duil and somewhat also felt the weakness in SKORT TERM SECUIITIES (Quotattons furnished by Redmond & Co.) —Close. - Bect Sugzar 6s 1935 o & Tel. Co. 45 1029, Anaconda Copper 63 19 Associated Oil Baltimore & O Betnlehem Steel 5 A tbastes R Gty oF L Gofumb. G. & E Continchtal G. & Du Pont 7 Erle R . Federated Metals 73 Goodyear T. & R. 'S Great Northern s 19 Guif 0il Corp. P Hocle. Val. R, { Hurable_oit H Iebigh Pow. Sec. C | s e { Srni & Co New York Central 65 1035 | Qregon Short Ling i3 1020 | | R FENE PR 2ESE222228 SBoE SCE 2 o0Ee X Be B e Penna. R, 930, Eman B o2 i & Flaewater G %3 1o TR nion Bac. : : e Eihber ¥ | Yestern Union :flg AV | taghouse & “Ciifed St 101 % FOREIGN EXCHANGE. (Quotations furnished by W.B. Hibba & Co.) | Nomiual Selllng checks | 1d value. today. $4.8605 $4.80% London, cound..- | Montreal.” dollar. | Paris, | B 1 Ve B T ristiania.” crown. . tockholm. crown » tvol | Woodri AL. (GAS FIRM LOSES §16,359 IN JULY Barren Summer Period s Particularly Felt—Position of Industry Cited. BY CHAS. E. SHAEFYVE The Washington Gas operated at a deficit of $16,] July 4 7 $20,022 he corresponding aceording to stat on ntain me o coupled w! the us ma kept sales at an unu | low level. Then, too, the | used 1 the manufacture of 1y coal and ofl, in . for the most part slé for wn pense pared yeer. Operating revenues of the compan totaled $299,196, with expenses o $240,600. Deductions from gross total ed $20.295, and futerest and discoun deductions aggregated $45 The Georgetown Gas Li suffered o reverse of $3 pared with a of $2.0 revenues amoun nses to $32,24 s “corr obligations should be classed among the best public utilit: investments. But because of the pres idespr popularity of electric nd light company, overlooked the securit intervals es to purchase gas se ¢ the industr: any impression that electricity driving gas from the field. There t been a substantial increase in cor su. fon of gas in this country eac for the last 20 years. In 1924 405,344,000 cubic feet of gas were cor sumed in largest sendout industry try in s recognize t ch greater future because of its c Le ease with wh in Venezuela is ! 7 the largest | The ask| ties are quoted for t holders of these issue: BONDS tollow Arms and Nay Club Bs.. smos Clib 4% Metropolitan Club 4345 Anacostin Banking Tr Htietiar Hon Bep e District Title In Fran! Natio Munsey Trust Co rtheast Sasing Park Savings B Potomac Savings' Raleigh Hotel Washingto Washin Tile o & Eanrdon sav ROAD CHANGES RIVER PHILADELPHTA, August al)..—The Schuylkill F floning in a_new bed dug for l the Reading Ralilroad. The ¢ a new channel eliminates bend and the use by o two obsolete bridges and a tunnel ne longer large - enough for the moder freight cars. 20 (Spe toda: CHICAGO STOCK MARKET. CHICAGO. August 23.—Foll is a report of today's sales, hig! and closing quotations at the C} Stock Exchange: 140 314 600 3id 9 M Anvl 5id. 101 300 Ui Plae % Tn Light &£ P 1 18 Yo cap 0 Yellow M1z T otal salos 1 STOCK MAnhH N, August 29.—Following of today's highest, lowest and prices for the most uctive BOSTO a Hat closing. | stocks dealt in here: Bostor & Main Calumet & Heel Carson Hill M . Conner, 4 T | Somper itani