Evening Star Newspaper, September 3, 1925, Page 30

* FINANCIAL. NG 30 FINANCIAL. ’.[}(lRN PRIGES JUMP TRADE FOLLOWS - AND HELP WHEAT ~ SEASONAL TRENI} | Aggressnve Buymg by Noted Fifth 0 Speculator Also : Reported. ! D. C;, THURSDAY, SEPTEMBER 3. 1925. STAR. WASHINGTON, |NVESIMENT BON[] l N NEW YORK BONDS STOCK EXCHANGE' Received by Private Wire Direct to The Star Offce. y Close. r-Dtv § 4 } Sales. High. Low. Lib 3= 100 23 123 100 25 100 25 Lib1st4lis 4 1024 102 1024 Lib2d 4%s. 143 100 80 100 29 100 29 Lib2d 4%s. 106 10117 101 14 101 i5 Lib 4th 4%« 185 10212 1028 1028 US4a1944. 75 10227 1 10225 US448'62 £ 10866 10612 10612 FOREIGN. Sales. Ifizh. Low. Close Argentine s '59. S a1 Argentine 6s A. ... HE EVEN SHARP ADVANCES ' [NEW YORK STOCK EXCHANGE || INLATE TRADING . = = = e Close. ¢ 66 | Iousehold P (3) | faou Open. High. Lo'w. 534 35 10% 10% 105 105% 101 Open. High. 11 641y Low. Close. 4 41 2y Ad Rumley pf(3) Alumada (1. . Air Reductn (13) Ajax Rubb: American Can and Mack“fi":fiflh‘:’:{;} Trucks Rally—Much Aliis Chatm (6) Short Covering. Alits Chal pf (7) Bkiyn Manhat 8a. . Buff R & Pitt 43, Canad North §%s. Canad Pac deb 4s | Car Clinch & O 6: Cent of Ga 634s. Cent Pac 15t 55 °50. |Ches & 0 ov 434s.. Ches & O gn 438, . es&Ocvbs. . 4| Hudson Mr (2 % 1013 Hud Man pt (5) 120 | Hudson Mot (5). tupp Mot (1)... Tilinois Cen (7). 24| 1ndep 011 (1). 63% | Inaian Motos 3% maian Renning. _0 Tnzersoll R(8). % | Tuapir Cop (50e) Reserve Business Slightly in Excess of 1924. Gatley Returns. {Frisco Liens Active—C. & 0. and Seaboards Up—Foreign Group Does Well. ! 5 86 4 1074 By the Azsociated Press Am Agricul Ghm | Am Az Chm pf.. 1 Am Beet fiupu) BY STUART P. Special Dispatch to The Sta W YORK, September §—Recov- was fairly general in the Stock | raders from the start desire to take in short W AmC 1r&1"fly (6) { Am Chicle. Am Drug . | Am & For Pow. {Am& F P pt (7). | Am Hide & Lea. . Interub Rap T: Int Corm Eng () Tuternat Har (5) BY GEORGE T. HUGHES. Special Dispateh to The Star. NEW YORK, September 3.—The {hond market was distinctly firm to- day for high-grade investment issues, I higher for most speculative and Argentine 6sB. Argentine Aus govt 5 Austria 7s. Bank of Japan 63.. Belgium 8s. . | CHICAGO, September 3. buying of corn resulted in higher prices for helped to lift wheat as well, weather, threatening further to the corn crop, -Acti Dry, much the grain today and hot | mage | was the incentive for | i ve i BY CHAS. Business follo in the fifth I which includes tumbia, the total volur Belgium 6% s 'wi Belgium 75 wi Belgium 715, Beigium 8s Rolivia 8s Bordeaux 3 Brazil Brazi) 8a. Canada Gs 1931 Canada iis 1952 Canada 515 1929. . Chile 7= 1843 2 Chinese Gov Ry 53. Con Pow Japan 7s. Copenhagen 5%s. . Cubu 6% Czecho 85 1951 Czecho 83 1952 ct. . Denmark$s....... DEI5%s Nov '65. Dutch Fast I 6s'47 Dutch Fast I 85"t Finland s £ 68 '45. . Finlands 7s . French s French 7%s. French 83 German 7s. . 5 Ger Gen Lilec 73.. exceeding ] ing to monthly statemen: the Richmond Res morning. Correspc stitution pros prospects fo trade are good ably improved durir None the tors sh a changes since the middle o Member bank bors slightly during the pas from %47.439 n July 000 or and the of reserve notes ™ $60.637,000 $70.619.000. On the other band, mem bank reserve deposits declined sympa: | from $65.150.000 to $ P o78.000 dur e th period unde w. The cash cent higher, | -oo, B0, tDS s P oats made a slight gen. | 355000 o S T 00 on August 15. As g ult of the several deposits und note Am Hide Am Ice | Am 1¢e pt (6) . Am: Internatl. Am La Fran (1). Am Linseed. ... Am Loco (+18).. {Am Metal (. { Am Republic. ... ! Am Safety & 3) ' ithe purchasing 103% 104 ' ports from Io 96 964 for corn, said t of corn Official re- the banner State i at throughout half the 107% | State it evident many ears were | 5% | poorly filled as a result drought | 884 1ana that in northwest lowa the corn licrop was now past help from rain. 934 | Corn opening prices, %3 to 21; cents % 99%|yigher, December $47; to 85 cents, 1184 | were followed by additional upturns with September at 8 ordinary reaching distance of $1 a bushel In wheat there was aggressive buy- ing on the part of a noted spe Starting at -cent decline to advance, December 1.51 to 1. May 1. . the market scored material gains all around. Oats were a little firmer, thizing with corn and wheat. opening unchanged to g December 415, eral advan Influenced by hog values, the provi- sion market was easy. WHEAT 1623 | soptomber W 94u | 1004 | 109% | 14 94 g1 | 7% 20 1024 99 €7 6% ontracts. They were influenced by the absence of any evidence that im portant liquidation was taking place. Also they were affected in t udg- o the increase in St. Louis- isco dividend, by the ease ch United States Steel com- n came back and by the renewed strength in Baldwin Locomotive. Frisco Stock Strong. Louis-San ¥ in of | semi-speculative. obligations. Trading | { Interest was confined almost exclu- | SIvely to the latter class. the rafls, St. Louis-San | i x.unu\ 0 incomes were the most ac |tive, rallying subs nesday’s’ close. though the directors made no offer to the holders to exchange their bonds for common stock, as had been reported they would make. The con- fidence displayed by the board in put- ting the stock on a 7 per cent basis was, however, reflected in a better market for the bonds. Other Higher Prices. Iligher prices were recorded fo Seaboard Air Line adjustments, the same road's consolidated 6s, New Haven debenture 65 of 1948 and Ches- apeake and Ohio convertible 55. Flor- ida Western and Northern 7s, on the other hand, reacted. The leader in the utility group was American Water Works and Electit | Collateral Trust 5 of 1834, which ran up over a point. At 96 the vield. if al lowed to mature, would be 5.60 pe cent, but some people saw in today’ activity a connectlon with the re cently announced consolidation plan of the parent company which might make it advisable to call the bonds. Cu&Nv ulnvw. : ChIR1& P gn 45, Chi RI&Prefde ChiUn Sta 4125 | Int Ry Cent Am. 108 pf (8).. Int Tel & Tel () Jones Bros Tea. . took place, al- S 13t 45729 S & W Ib%s 6! CCC&StL4ks anc points or 5 7 per rable co had a| the | cent. | Am Stz cifec Tel&Tel (3). Tobacco (7). action other ral Louis stern, ve figt b from time to time 4 f a more liberal dividend | At the same time reports that g ready . cirey Del & Hud 5135, D& Rio G tmp 8. . D & Rio G Wst 5 Det United 4355. .. Erie 1t cons 4s. . Erfe gen 4s. .., Lrieconv 4s A Erie conv 4s B conv 48 D. Erfe Genessee R 63 “la I C 68 '74. 1pon South = lug o Micely one Té& R ypf (8)... Laclede Gas (8). Lee Tre & Rub. . Lehigh Val (333) Lizgett & M (t4) Liz & My B (14). Lima Loco (4).. o B Sl Nooku=-ATw amwacon Am Woolen. Am Wool pf Zine. ». Am Zinc pf | Anaconda Ann Arbor. Rock a point and so Kansas and Texas, Whi Southern rallied nearl oard Air Line pres points Grand Trunk 7s. Great North os. ... Great North 5%5. . Gr North ge; Green B Havana 3 Hud & Man ref 6s. Hud & Man aj Gs 11l Central ref 4s. . 11] Central 5%s. ... 111 C-C St L&NO &8 Int Rap Tran bs. .. Int Rap Tr o5 stpd. int Rap Tran 6s. .. 1547 188 a7, 29 Greelk Ts. Haiti 6s. .. uunz:n 6123, Reserve Bank's On August 15 last erve Bank of K percentage Soft Coal Shares Gain. 2. features t ks of soft urse, belr hard coal gh Tetminal Coal had rise o early 10 points. priced Pennsylvania Coal and Coke | arly “ point, and Pittsburgh nee took in“ e Norfollk and We nd Ohio. Wheeling nd Lake Erie and Western Ma: and, hich commenly known soft- Aeso Dry Ass0 O11 ( September Deceniber My Ry September Deveniber May CARD-— Sepiember December May Mclntyre P (1).. | ateCro B (1.60) . | Mackay (7)..... Mack Trucks (8) Mack T 18t (7).. Macy H R & Co.. Magma C (76¢). Malliron & Co Manat (3).. | Man El Sup(4 @ Foreign Issues Firm. Foreign bonds were firm, the Anton Jurgen 6s. which sold at a low of 9514 on Tuesday, being up over 4 poin from that prico today. The sell which depressed the. guotation said to have come from abr < of Montevideo 75 equaled the record it 3 H }Iv\",v'!‘ of the yea: C-ECJ\vSlD\Jn 8s of | Loco pE(). 110, : . ; | 1931 sold above par. Bal&On ot (4. Muriand O (75¢) ,\iflf«x‘-’v:;’lfiiy;:l" xl: z & Ar (3).. p e Barnsdall A. e e et s Barnsdall B fartin-Parry (2) forelzn governments are. Bayuk Clgar .. fathieson Alka. Niiatie to s 1 D ) yuk 15t pf (7 Dept St. ( e Beech Nut(2.40). Belding Bros (3). Eethlehem Stl... Beth St pf (7). Booth Fisheries. Booth h 1st. Eriges Mfz (am | Bk1 13dieon (8). |4 August 15, % |#85.555.000 'on the Member bank re $60,867,000, in 8,000 on the mount with £70 thi Bank of Rich Mars cllle Mextco 43°10 asatd | | Montevideo 7s Netherlands §s Netheriands 6s orway 5158 wi Norway 63 19 Norway 6s 19 | Norway 65 195 1enos | Norway 8s. . u; Orient Dev deb GS nother m financing | Parts-Ly urnng it ad-| Parts Orleans 7s antle Gulf rts At] Gulf & W1 p? Atlas Powdr (4). tn-Nichols. . ta L (7 this © notes i $70,0 Int Rap Tran 7s. .. 1ut & G Nor aj 63. . Kan City Ft § 45 KansasCity S 58 Kan City Term 4s Lalke Shore 4s 23 . Lehigh Valcn 4s. . Lehigh Val b3 200 Long 1sland rf 4s. Louls & N 55 B. Louis & Nash 7 Market St Ry 7 MIEIRy & L Ga. M&StL 1strfds.. M StP&SSicnds MK&TA4sB IMK&Tadss - MEK&TprinbsA. MK&T6sC. Mo Pacific gen 4s. . io Pacific 68 Mo Pacific 83 cf: Montr] T 1st b: New Or Term 4s NOTex&M&sB NOT&MGKsn. . i AGO, September 3 Department of lirregular: medi o | Dutchers | terday's lg!"‘m,m light mostly | better 100% i (Unitea | Las Agriculture).— | Reser tive: | ing only $ “e,,H but this year the total presentative deg recoveries the high- ials proportioned to the their fall on the two pre Mack Trucks, General American Can and General Signal all came back more or | 1y. But of more significance ease with which United tes Steel recovered. This was tak- 1 as proof of the highly speculati: racter of the selling which put this | k down to 1181 in the \Wednes market rovince of B per cent Tr violence « averag weight to 10 lo grades slaughter pigs closing | month of 1932 packing sows largely 10 to| higher: spots more; all interests g; bulk govd and choice 140 to] T nd selections. 12.73a13.15: top, e 12.30; majority 225 to 300 pound butch. | packing sows largely | with better; strong-welght | 0a13.00; he: v-welght | medium, al3. ght 00a13.15. 7.000 head; 15 to higher: | July pots up mor heavies; no strictly {end of choice offerings here: best matured | percen steers, early. 14.75; rlings, 14.50; | July grassers and short feds | strong: stockers and feeders she stock and bu tFAMOUS BOSTON STOHE GOES INTO NEW HANDS | NEW YORK, | Rogers, P | the purcha | & Co., one of the mr‘..ve,c 36% | Ings stores of D 83% | in business s | Poland 65 Metro Ed pt (7). nd 8550 w1 Mexzican Seabd. . Miami Cop (1)-. Mtd-Continent . . i Aiddle States | | Midland P pf ( {MStP & SSM pe Mis Kan & Tex. IMK&TDt (5). | Missourt Pactfic. Mtssourt Pac pt. | Mont Power (4). | Montgomn Ward. | Moon Mot (2) Mother Lode Thic Motor- er (3). | Motor Wheel(2). . | Nash Mot (118). | Nat Biscuit (8). Nat Dalry (3)... ‘at Dpt Store: « Distillers. .. { Nat Distillers pt Nat Enamel & S. { | Nat Ry Mexaat. Nat Ry Mex 2d. Nevada Copper. . NY Alr Br (4)... INYAirBrA (@) N Y Canners (). | N ¥ Central (7). INYC&StL (6) NYC&StLpL(6). { ¥ Dock. : ¥ N H & Hart. | N Y On&Wn (1). | N ¥ shipbld (). Norf & West (7) North A (B3.40). % | North Am pf (8) North Pac (5). .. Norwalk (1.80). Orpheum (1.80). | Orpheum pt (8). | Dtis Elevator(6) | Otts Steel....... jOtis Steel pt.... | Owens Bot (3).. Pacific Coast. ... Pacific Gas (8).. Pacific O11 (3) PreTel&Tel Packard (11.70). e Mot (1.4v). mer (6).. -Amer B (6). Amer rt: 1 i = uen Jv,u, 21 8 | 9% 89% 95% 102! 64% 87 100% ueensla I mo do Jan 84 1545 to Qo= smmtreuhaBliSmia moRaiEkaoiRalacme oy September 3 (). — nounced | = | Sao Paulo State 83 " | Stof 8 Pauio rets. | Setne Deptcf7s... { Serbs Crot Sio 8a.. " | Seissons 6s. . Sweden %5 of Swiss 615 1946... Swiss Confed 85 Ud Kingm 614 "1 Ud Kingm 5128 " Zurich 8s. MIscELLANEOU: Ajax Rubber 8s. 100 Am Agr Chem 103% Am Smit& R 1s | Am Sug ref 6: AmT& Teltr AnmT&Tecltr lAmT&Tst 2 { Am'T & T deb 514s. Am Writ Paper 6=. Anaconda 1st 68 Anaconda cv db Ts. Andes Cop 7s rets. Armour & Co 48, Armour Del §%3s.. Assoctatea Ol Bell Tel Pa o5 Beth Steel pm o8 | Beth Steel rf 5 Beth Steel 51 Beth Steel s £ 6s. | Bkiyn Ed gen 55 Bklyn Ed 63 B..... Cen Leth 6545 cfs ! Chile Copper 6s.... { Col Gas & El 5s. Col Gas & El b8 sta. Commonwth P 6s.. Con Coal Md'1st be. Con G D 1as wi. Consumers Pow 8. Cuba Cane cv d 8¢ | Cuban Aw Det Edison ! boage wi s | Donner Steel | Duquesne L l‘ t Cuba Sug Other Good Advances. Smelting rebounded a half. Westinghouse -Air | a sharp run-up and another jump. Interests > market for the Plerce-Ar- Packard Motors quickly re- | Bur Add Ma (3). their control. Consolidated | Bush Terminal.. »mmon, up more than s. | Bush Ter de (7). 1 the preferred nearly 3, the | Butte Cop (30¢). femture in the tobacco group. Atlan- | Butte & Sup (1). ic Gulf and West Indles rose more { o qg, Central 5 | Bk-Man T pf(8). Bkl Union G (4). v | Brown Shoe (4). Brunswick-Ba! Burns BrB (2).. entire district’s g only 3.5 per cen Stocks on the she t th 1 § for the period slaughter pigs Cattle—R grades fed took 84 | which Is the 684 | tion outside New York C :’“ | erated under the R: better e end o and eyt sisp gl sert 1 purc] in 1924 was 11.6. Railway Preferred Off. A decline of a SHORT-TERM SECURITIES. ¢ | (Quotations furnished by Redmon N Y Cent deb 5! A n N Y Cent deb 63 NY Chi& StL NYC&SLLGsA.. New Hav deb 4 New Hav d 4557 New Haven c d 63 N Y Rys 63'65 & Bos 4%5. Norfollk & W v Northern Pac 35 Northern Pac 48 Northern Pac §s D. Northern Pacr i 68 ' Ore & Calif 1st 5s. Ore Short Liref 48 Pennsyl gen 4%s.. Penn gen 5. Pennsyi b8 '64 Pennsyl 618, Pennsyl gold 7 Peoria & E Inc Pere Mrq 1st 43 5 Pere Marq 1st 5s. Reading gen 418, I Rio G Westcl 4s. St LIM&S ss° St L 1M&S R&G 4 ent of | SIL&ESF plesA. oL s B0, :u:\ StL&SF prln 38, se Of $47.405. e StL&SF ads 3 923 8 o ;, 1924, J X StL&SF Inc 6s. o Dosit StL&SFplésC. StLS W conds's StP & KCShL 4%s Seahd A L ref Seabd A L adj 5s Seabd A L con 6s. . Seu Paclfic 45" Sou Pacific ref 4s. hg e Southern Ry gen 43 ;g::;::;_:;“;lj At s Southern Ry 1st s Soqbesppriny. 208 208 Southern Ry 6s ct. s Southern Ry 6% Iiiinols Bell 15t 65 iy Indiana Steel & 3 : TolStL & W is. . P o Union Pac 4s'2' T T Un Pac 1st rf &s S b ion Pac ov 6s. . . Ey STy o Virginta ity 12t 65 5 o P1sts.. Un Tank Car(3) . K-liy-Spriag8s.. b Tl | Utd Alloy Steel. E E 19| Lackawa 8,55 °50. . Nammertats Utd Cigar(a31;). 8s Lacl G ref s LT R United Drug (7). Laciede G 5138 52 Western Pacific §s. UtdDrug 1st 33 . Liggett & Myers 53 Sy Utd Dyew pt e Wisconsin Cent 4s. Ttd Fruit 10). Aanat! Sug sf 733 Bl e s comga STOCKS RACE FOR TOP PRICE ON N. Y. EXCHANGE U 8 Cast Iron P. llun.thnn Pow §s... U S Distributing AMor's & Co 18t 4233 Michigan Central Hits G600 r, 4241, Kresge Quickly Reaches i | {to see thelr customers’ a. USHoft (2).... New Eng Tel 5s.. TS Ind Alcohol. NY Ed b6 ‘44 wl. .. U 'S Realty (8). N ¥ Eden 15t 634 5 e 599 Mark. | NEW STOCK OFFERED. |in good shape should | By the Ausociated Press. ! NEW YORK, September 8 (special. | by ryihe stock NEW YORK, September 3.—Aich- | U'S Rubber. Y GELHEP 4s. U 8 Rub 1st (8). |—Bennett, Post & Coghill are offering | Faitim, igan Central and S. S. Kresge shares | new issue of 10,000 shares Porni Sig- | in its previous jud are running a close race for the honor 3 U S Smelting(3) U S Steel (17) U 8 Steelpf (7 Universal Plp Untver P pf (7). Ut PEL A (2).. nal Ma poratlon no-par Tiet. had-tiite 45 aa of being the highest priced securities | Prio vn‘f?r ed t $24 per share Five successive listed -on the New York Stock Ex-|and accrued d 8 ment in the in change. Michigan Central Tuesday |8% per cent. Each share will car spire .confider established a record high of 600 and |one-half share of voting trust certifi- | we are not at S. B. Kresge followed closely on itg|cates for common stock, class A I heels yesterday -by .mounting to 599. Vanpadium (2)... -Caro Chem. . Va-Caro Ch pf. Vivaudou. . Several vears ago it was not unc: | mon for stocks to sell above QSl)g"“n FLOUR CHEAPER IN WEST. } shave, but the growing tendency to SAN "RANCISCO, September 3| split up shares and reduce their par {(Special).—West coast ‘Wholesalers have lmore, we hear that there are politica valye has left but few of -these issues | reduced flour prices 40 cents a barrel, | obstructions to the We stern rate in on the “‘big boare making the price of a 196-pound sack | crease and that one should not place $9.30. Prices have been based on|too much faith in this generally ex latest wheat production figures. | pected development.” TREASUBY CERTIFICATES. (Quotations frirnished by Redmond & Co.) desirabie | 12.00 | on Adirond, P. & L. C. % up; bulk, | 21um. Co. of Ame Amer: Feot Suixl: 4 S Tel Ca. 4a Andronda Copper ¢ 1 Associnted OIl Be 19: Baltimore 25.000 head lower: mostly nf{ early sales Westerns, : some held higher; 415.00; few to city butch -pound California clipped | b 0dd lots fat native ewes | be few choice Mght-weight| a stea ;d) at 1 i mon joern ny Gains in Last- Columbia i Continantal Du Pont ¥ permanent higher changed ha subsequent GO e exeFSERTEDR { extent of 48 shar AHEAD OF LAST JULY fon the das { Commerce Depnrtmenz Gives Out 1 Monc firm at 63. Oregon ‘ilmfl Ls sold at par = Proa: B! b7 ; | Stacla | Fidewnter 011 ¢ a | Bdrmies 01 ekl ures Showing Market ot { brought 3s0. On the inv ket Potomac sold at par, % and Railway general Local Bankers Get Home. e District banking a broad st ‘ace “this morn | belng the return to the city e | health, of FeSha~as Gains in Trade: he Associated Prese. The country’s impor iwere valued by the | Commerce 3 t side of the mar > consolidated 5s during July | Westinehouze £ & *Called at 106, {no Copper = tCalles ut 101% MARKET CLOSES STRONG. | CallahanZinc.. se Thresh pf.. Hour Deals. 3 Century Rib (2). extended in the late dealings, under | Sortain-Teed(4) \fack Trucks raliied 7 points each | Chandler (3) Eled s | Gt Great West. Strong buying support was in |y arjl & StP pf. end, lower call money rates and | Gni T & Pac. es by the Standard Oil Co. of New Auzust 15 es that had points. Standard Gas and | ca) Packing (6) - ¢ showed special strenzth: §Cajif Pemt (2). met & Ar (4) - - n Pacific (10). Are Extended Cent Leather. Cent Leather NEW YORK. September 3 (). — ; Cent S Ihe closing was strong. Gains were | Gerre,d Pascoctt he Impetus of urgent short covering, | o € in many issues. Amerfcan Can and | CeTtain-T : Roebuck, 5. Total. sales ,t,,“;‘::’ft:': o hares r traders had failed - | Chi Gr West pf. » tempt_to unsettle the general | Gpi \ig §eB. ionce at the outset, being attracted | Gnt & Nomn (4. - the ralsing of the Frisco common | Gni snen i (5. ¢ trade news. Olls apparently T&Ppf (6). garded another cut in gasoline 25 (8240 ! C made | decline, om 3 to 1 =pecial ardest the recen gains ranging Cola (7)..- Col Fuel & Iron. o Southern. o0 Sou 1t (4). G &I (2.60). | Col Catbon (4) { Corn Solv A (4). | Congoteum (2) Stew-Warner(5) Stromberg (6).. udebaler (4). . Submarine Boat. P s | Superior Stee] Syminston. tre points. impor The increase a shipments largely to heavi i Asia and Eu while th | movements of goods sent to and North and South America. #{the jump in IV;mri is Natior Markets at a Glance sresiders Tenn Copver (1) Texas Co (3. . | Conley (sta) ’Texculrsm ). .| Consel Cigar. . . . n Cig pr(i84) nsol Distribt NEW YORK seks stro Atlantic ks unaided. except not return to his d 10: }gj:,)GENERAL MOTORS’ PLAN 5 OPPOSED IN LONDON 56 | 5| LONDON, September 3 (@) —Al| 8% lthough the majority of the directors | 9% |of the Austin Motor Co. have ap- oe the terms of :the proposed| . e with General Motors 981 Neal and Ernest Payton, it { Anancial directors, and C ngle- 10115 |bach, works director, tod ved a g6t | statement declaring they were cgainst ¢ . (the scheme, and would oppose it be 952, | fore a meeting of the shareholders 83% ¢ = “ TODAY’S MONEY RATES. 79% | i NEW YORK, September 8. — Call money ecasy: high, 4 low, 4; ruling rate, 4; closing bid, 4:-offered at 4% last loan, 4; eall loans against accept. | ances, 3i:. Time loans firm;-mixed | collateral, * 60-90 days,’ 4%ad%: 4-6 | special Dispateh to The Star prime mereantlle pa-1. “p AL, TIMORE, September months, 412a4%: | bankers and broke who ars | Tide Water(250) Timken R B (14) Tobac Prod (6). Tob Prod A Transcont Ofl | Transue & W(2) Uaderwood (3) Un Bag & Pap Unlon Oil (1.30). Un Pacific (}0). . Pennsy RR (3). Penn Seab Steel. | Peoples Gas (8). Pere Marg (4} Pere Mar pf (5). Phla Co (4) Phila&RC&I. Phillip Morris Phillips Pet (2). Phoenix Hoslery Plerce-Arrow. .. Pierce-Arrow pf. Pterce Oil. Pierce Oil pt | Plerce Petrol Pitts Coal. Cotton ling. opean selling. - Coffee nission house liquidation CHICAGO.-—\Wheat higher th corn. (C‘orn strom contin- orable weather. Cattle firm; ades s < steady 10 uproved s 1 ')nio. Textile Cont Can (4).... Cont Mot (80¢).. | Corn Prod (2). . Crucible Sti (4). Cuban Cane Su.. Cub Cane Su pf.. | Cuban-Am 8 (2). The fraternit mented by the return of (. r, vice president of the Distri 3 from Atlantic City, and Joshua jr.. vice president of the same from -Rehobot Deybe 10 sym- institution, Victor B. Second tiona Asbury Park, Wolf. counsel merce and | City. STOCK TRADERS WARNED. Brokers of th from ande: Com FOREIGN EXCHANGE e avicon Chem | Deers&Co pf(3). De! & Hud (9).. Dodge Bros Cl A | Dodge pf (7).... Dome Mines (2). Doug Pectin (1). | Dupont (18)..... | Bastman (18)... % | Baton Axle (2).. | Powr & Lt. E P&L pf 40% pé ec Str Bat (4). anarson Brnt, zold val 54.8065 100 2 *PittsFtWa . Pitta Term Coal. Pitts Ut pf $1.20. Pitts & West Va. Postum Cer (4). Press Steel Cai Prod & Refiners. Pub SelE Popf 7 Pub Ser N.J.(5). PubSNJIpf (8). Pullman Co (8). Punta Aleg Sug. Pure O11 (1%).. Pure Oil pf (8).. Radio Corp of A. Radio C pf (3%) Ry St1 Spz (8).. Ray Cons Cop. .. Reading (4).... Reading rts. .. .. Retd Iem Cm(3). Reld Ice Cr pf (7) ! Robt Reis & Co. . Robt Rels 1st pf. Remington Tsoe (¢ Replogle Steel. . [ Rep1& S pf (7 - st " vl i RayHold stsr;x:s s | Gardner Motor peld DIVIDENDS Gen ATS sz(‘)' | m‘s‘;lm (;‘) : |fion Sammail. Royl D(al.731% o ek 5> St Joseph La (2) Sen Cigar (99~ StL & SanFr((7) Gen Blectric (8 4| StL San ke pr(6). Gen Kl spec 60r 4 StLSo 4 Gen Mootrs (77).7 % s 7 avage Arms. !) Gen Mot pf (7). Schulte Stor (5 Gen Outdr Adv. . | Seaboard Alr L. Gen Outdr A(4). jemuenis Gen Petrm (2) 1.20). Gen Ry Sig (8).. |E'€=rl-“eb ( tmbel Bros. batiucl I G (23 Giter el Un (1.40) . | Shell Tn pf (6). Simmons Co Stnms Pet (1).. | Stnclatr ON. .. . Sinclair pf (8) . i Skenty Oil... $eis | Sloss-Sheft (6).. 9714 151 | South Pac (8)... 97T Southern Ry (8). 103% South Ry pf (5). 91% Spicer Mfg. 2815 1St Gas & B !StdGas& Erts.. Std GEEL pf (4) - St Ol Calif (2). StOINJT (1)... 38% SLOW N I pf (1), 116% Std Plate Glass.. 5% Sterling Prod(4) 69% | Prepare Customers Drastic Market Shake-Up. for 00014 —Locat anxious counts placed astic shake continue One as been shrewd of the ma vesterday s of unsettle ustrial list do not ir in higher pri Et ) > .\orOhloTLLG!. or States Pow Nor States Pow Gs Otis Bteel 7368, Pactfic Gas & Bl is PacT & T 58'52. Pan-Amer Pete 6s. Phila Co5%s'38 Phila Coref 6s A.. Phila& RA C&15s Plerce-Arrow 8. .. Public Service 8s. . Pub Serv Elec §s... Sinclair Ol 63. Sinclair Ol 6158 Sinclair Qi 78... .. SInCOPLes'is.. Sin Pipe Line53... Skelly Of1 63 8o Por Rico Sug i3 Southwest Bell bs.. Tenn Elec Pow 6s.. S Rubistrf 5s.. U S Rubber 7%s U S Smelter 6s. UESteel s£58. ... 40 Utah Pow & Lt53.. 4 Va-Car Chem 7s... 42 Va-Car Ch T%s w.. 87 Vertlentes Sug 7s.. 6 Warner Sug 78'30. West Elec 53, & Westn Union 8%s. estinghouse 7s. . 11lys-Ov 6368 °35 .- 12 Wilson & Co 1st 63. & Winchester A 7328, 6 Youngstn S & T 6s. 21 RAILROAD. Ann Arbor 4s. 274 Atchisongends... 4 89 AtianticC L 1st4s. 5 a1 AtlanCL 4%8'64.. 2 924 AtlanticCL7s.... 11075 &0Gold4as..... 1 eT% EAO-:HWJ- 15 92% & Orefbs. .16 90k B&O 1stisot B&OS s "amous P1 (). amous P1 fu pd Federal Lt *1.40. Ted Min pf (7) Fisher Body (624 Belgium, 4.45; 40.20; Nor Den; Spai 181, e 6.83 9.32 nd again In a_hurry “Even the rails have been sagging, and if further reaction is on the cards the rails will not be spared. Further Waldort (1%)... rard Baking B. Warner A (1%). Warren Co (4). Weber (4)...... West Pen (4). .. W PaPow pf(7). West Elec pf(7). West Maryland. West Md 2d pf. . Western Pactfic. . Western Pac pf.. West Union (7). West Air Br (8). Westinghs (4). Weston Elec. Weston A (2) Wheel & L Erie Wheel & L K pf. White Lagle (3). White Mot (4).. White Rock: (2) Wickwire ctfs. willys-Overid. ... Willys-0d p£(7). Witson &Co. ... Woolworth (3) Worthn Pump. . Wright Aero(1). vrigley (133). ale & Towne. Yellow C (2. Yotngstown (4). *0dd lot. Dividend rates e omnaBulwl nE8awalaloane lavia, 191 Tokio, treal 8% zentina 40 9-16 1l Fleise Sh © CRUDE"0IL OUTPUT DROPS DURING WEEK NEW YORK, September 3 (#).—The daily average gross crude ofl produc- tion in the United States decreased 4,500 barrels for the week ended Au- gust 29, totaling 2,116,350 barrels, the weekly summary of the American Pe- troleum . Institute says today. The daily average production of Smack- over, Ark., heavy oll field decreased 5,100 barrels. The daily average pro- duction in the United States, exclud- ing Smackover heavy, increased 600 barrels. The dally average production east of California was 1,444,350, a de- crease of 4,000. SLIGHT DROP IN SHIPPING. BALTIMORE, September 3 ‘(Spe- cial).—Steamship arrivals at the port of Baltimore for the month of Au- gust totaled 226, 6 fewer than In July. Of these 156 were American registry, an Increase of 19 over the previous month. Great Britain followed with 24, Norway; 17; Japan, 9; Sweden, §; Italy. ‘Germany, Denmark, 2 .l-&.." France and me“fi“g' l!-nuru. M % ~land, ]-each. ’ S e LEAVES ONYX COMPANY. NEW YORK. September 3 (P).—Jjy- « H. Emery has resigned as president: of Onyx Hoslery, Inc., and has been suc-« {ceeded by Paul Gunther. formerly { vice president and treasurer. = The resignation of George W. Bears, vice % | president, and E. W. Emery, vice {president’ and secretary, also haves - been accepted. GEB.MAN BONDS AND STOCKS. | i (Quoted in dollars per million marke.) G00D HOTEIS DOUBLED. Ger Gt (win) Gs 1914-18 NEW ORLEANS, September 3 Eambuey S he 1010 s @lal).—In 1916 this city had only (k(samme} 168 28 (om D) ) hotels of any considerable size, with a uoted tn dollars per thouss) total of 1,848 rooms. Hotels now un & Gon e &80 Bve” der construction and recent additions will glve New Orleans, early in 1926, Ger Gen Elec 4355 1010, gerhn Q-spr(- War .o > 1a total of 15 Tigh-class hotels, with 2,905 rooms. » Hambur Amer Line 4 5 s fior\h German Llovd 4338 orth German Ligyd. .~ Prussian Consols 3 Krupp ba 1921 . Dusseldor{ 4s pre- Frankfort a-M 45 pre Munich 45 Dre-war Badische Autlin. AEG (Ger GE Commerz and P: Disconto_ Gellechalt Dresdner Baalk utsche Bank. P Am Cigar ot Aseociared Oil Amer Snuff Do pid Am Water v ankers T Beech-Nut Pac: Do. pfd B Bingham Mines Brazil Trac pf Burns Bros pfd “hase Nat Bk Chase Se- Dome Mines. per Corn. Maeg St n 1Co NY Do. suar Prust Co I Ofter. 16 100 2 100 003 s 0 111 LY 30% 4745 43% 360 57 | 464 20% | 43 B84 100 odrich Ru (4). Goodrich pf (7). Goodyear bf (7). Goodyr pr f (8). Granby Consol Grt North pf (& Gt Nor Ore (1).. Grt Wstn Su (3). Green Canan. .. Gulf Mo & Nor. Gu M & N pf (6) Gulf States 5 W) Hartman (2 Havana e (6) 222w 2 Hayes Whi{1d%. 38 38k Homestake (14). 45% 45% 1 8 3 4 Homestake M.’ feBigh Vol B 24% Sozisoivo oy 3532325883782 B.OADS PAY BIG TAXES. ST. PAUL. September 3 (Special). - The Great Northern and Pacit 4 were the only taxpayers to pay more Than $1.000,000 In Imcome (nxes hore The former. paid $1,105.000 and the lat. ter $1,011.000. The \y shhurn Ci pafd $350,000. . Do! pitts Steel. StLS Fr SE 8 "’&“ e ziven in the aboye tal aro AMo- B al cheh DaRnan s B on 1o fotoat auiarierly ‘of it yealy Seciarationr g otherwise noted. extra or special div Findtarernot inclided: a Paid, ihis vear. no recul te. optional in stocl s, .2:&‘ vrmhld §"E fi':ll.':r‘l’h e auarter] 2t 1075 87% 9214 87% 2% 9¢ 101 101% 102% 102% | Dant 66 1014 2 102%