Evening Star Newspaper, September 29, 1925, Page 20

FINANCIAL. “SCORE OF STOCKS | [~EW York stock excriance | NFW BOND ISSUE vewvore_ BONDS srocx monancr] | | ) ! Recelved Private Wire Direct to The Star Office 1 i Received by Psivete Wire Direct .te The Star Ofice. (Sales are in $1,000.) Adams Exp (6).. 984 8% ceer BAW: DAY Bau Sples. High. Low. Cloae | Ahumada (11, 10% 10% | Gen Asph pf (5). 97 9714 2 100 9930 9931 Alr Reductn(15). 110 108% | Gen Bakink (6). 219 | G 101 24 101 24 o | amaens ot \Walworth $8,500,000 Offer- 05 e Al - 101% spec 60 . . o0 G pe(1) on. Moto ing Quickly Taken—Trad- ing Dull in Market. FINANCIAL. Dectine 1+ Ntcd~ ENNSY 10 STUDY ELECTRIYING UNE Of Steel Stocks| Salos. High. Low. Close 109 108% 108% 98% 98% 103 403% 9% 106% 100% 106% %u4% 997 824 £6'5 81 w24 100% 3 110% 1065 93 1003 By the Associated Press. EW YORK. September 29. | | United Drux €s. . Shareholders of U. S. Steel common | | | U S Rub 1strfss,. U'S Rubber 734 melter 6s eelsfbs. Utah Pow & Lt Advance in Call Money Fails to Halt Upturn in Ex- citing Market. RY STUART P. WE! a1 Diapatch fo The Star. i atock at the closing of the books for the September dividend declined ‘ European Experts Called In ¢ on New York-to-Wash- ington Project. to 92.191 from 93,446 in June. ferred shareholders also were fewer for the August dividend, numbering 76,574 against 77,152 in 3104 3 Pr 1 1121y Lib4th 4741 622 1024 UR4n1%44. 60 103 US4is's2 76 10611 FOREIGN. Argentine €a ‘59 Argentine ks A. Argentine 6sB Argents | Aus govt Austria 7 Relzium z Beleium 6355 wi. .. Be'gium 78 wi Telztum Ti4s. | Re'rfum Kerne s, Rolivia 25, Rordeanx $s. ®razil 7 Brazige. .. . | ranadn s<ya21, | Canada 51352 | Canaas 5 “hile hin 101 29 101 81 Allted Cm pt (7). 119% | Gen. Motors ( 10228 10228 Allix Chalm (6). 8814 | Gen Mot pf (7) 1064 1065 Am Agricul Chm 224 | Gen Outdr Adv. Am Ag Chm pt.. 68% Am Bosch. ..... [T Am Rrk Shoe(5) 114 Am B Shoe pt 1144 | Am Can (17). 24014 NEW YORK. September 29.—On the { Am Can pf (7) 120 Stock Fxchange today trading was |Am Car&Fdy considerably moxe active, and the in- | Am Chaim A (2). ~regse in volume of transactions wax | Am Chicle . accompanied by rising prices, Automo., Am Drug. ..., sile shares once more led the way. |Am & For Pow. | and the remarkable gains in this class | Am & F P pf (7), of stocks had the effect of intimidating | Am Hide & L pt. ecent short sellers and eventually, as | Am Ice (8). he day went on, bringing about an | Am Internatl... pturn in stocks like the steels and | Am La Fran (1). vailway equipments, which had been ( Am Linseed.. more or less depressed on previous | Am Linsd pf (7) da | Am Loeo (118).. } Am Loco pf (7). Am Metal (3) Va-Car Ch THs w Vertientes Sug 7s. Warner Sug 75 '39. Warner Sug 7s "41. May. CANINDPTURN o | The oft-djscussed electrification of ithe Pennsylvania Railroad’s trunk line exceeded the proportions of a mere ri mor today, when it was learned I Thomann and A. Buchli, foremost a: thorities in Europe on rallroad elec Substantial Rally Expected! on Claim Selling Had Been Much Overdone. . Cloe. 6% 8% 9614 102% 97% 99% bl Gen Ry S Gen Ry S pf 16). Gen Refrac(2) Gimbel Rrox : imbel Br pf(7). 10% mter 1y, 140 BY GEORGE T. HUGHI Special Dispatch to The Su NEW YORK, September 29.—Condi- tions for the bond market remained the seme today as they have been for !ihe lasi few weeks. If anything, the ! { duliness was intensified. Dealings in®i'ranch government se. urities were not affected by the pessi- mistic Aavor of some press dispatches regarding the French debt negotia- tions. ading in these issues was smaller. but ces were unchanged. Most of the transactions in the 7 per cents occurred at 93% and 931.. There was some activity in Paris., Lyon and Mediterranean 6= at §5. Railroad Bonds Quiet. Austrian zovernment is hald their | recent gein and ere selling close to . French city bonds were off 2 raction, the Bordeaux 6s being qouted 4t 831, azainst 887% the previous da BY'le Sizon Public Worke 7s were dealt in 24 around 921, / | Czecho Ax 1952 ¢.. 47 01 101 % Rallway issues again failed to show M e Tnden Ol 15 0. vavs 2wa a" 3% {eg- siimulus from the August traffic | Danish MunicSsA. & 110 1004 nd Motrev (30c) =05 { s dtements. The St. Paul 4s of 1 Uil -l 110t 116 an Renning. 8 which had closed Monday at 43, were | P32 R et 1T 1aers 1ot Indfan Refg otts &' freely offered below,that figure. The | D] 2139 Meh JE8- 11 10703 1 Intand St (213). 425 most_active of the railway bonds, | Boton ries cea 5. & 103% 108% Inspiration (2) 26, however. was the Denver and Riolp,ion maer 16a62 37 10313 (07 internat Agrl... 15's Grande Wesiern 5s of - 1955. These w0 T3l 169 2 - Int Rua Mae (8). 144", bonds were on the mend after & period | gnang & 2 Int Cement (4).. 75, of vather consistent pressure. Monday | g0 "0 42! [ 1n Cement pfe7). 103 they were selling at 62 and under. To- | mrench 7154 | Int Com Bng (2) 4374 day they rallied a point. { French 8w. . . % Internat Har (5) 130« Ger E1 63850 wi inter Har pf (7). 119" German 7a Int Mer Murine most important plece of new | Ger Gen B! Int Mer Mar pf. financing today was an issue of | Greak 18 Int Nickel (2). $5.500.000 Walworth Co. first mort- | traits &m. ... 12 Int Paper..... gage sinking fund gold bonds. series | folland Amer 6a.. 3 Int Paper pf(6). A" of 6 pd cent. This is was | Hungary 6% 34 Intl Paper uf (7) 92%% priced at 95', and acerned Interest | ananese 4 p Int Shoe (5).... 136 to vield more than .10 pe Tapanese 148 3 Int Te!& Tel (§) 114 The bankers announced shortl ergens U M x4 14 Int Tel & Tol s 41y midday thai the issue had been over- | Lyons s 2 Jewel Tea (7). 108 subscribed and the books closed. { Marsetlle 64 { Jones Bros Tea.. 164 Along with this was an issue of | Wexico 4404 asn Joraan Mot (3).. 44’3 s»z_ao{o.o?in ‘1‘4:1"?; 612 per cent sink- | Mexico 45'10 asnta R 7 5 ing fund gold debentures of the same | Mexico 53 ansented 20 B an s company offered at 95 and interest | ontevideo7a..... % R A 1o vield more than §% per cent. An:| Netherlands i A other new offering was an issue of o Gullus) S goh £0.000 shares New Fngland Public Se e w Service Co. prior lien preferred stock Eolvey Whi (8) 161 vriced ai $38 a shar accrued Kennecott (3)... 54l dividends to vield over eystone T & R. 2 Kinney pf (3)... 101 Kresge Dept 8. . 34 Kresge S8 (3).. 570 Laclede (3). 170% Lee Tre & Rub. . Lehigh Val (3%) Lizzett & M (t4) Lig & My B (14) Lima Loco (4).. Loews Inc (2). Loft. . Long Bell A (4). Loose-Wilen. ... i Lorillard (3). Loufsiana Ofl. . . Louis GGas A 1.75 Lonis & Nah (6). 11 Ludlum (2) Melntyre P (1) “ McCro B (1.80).. 324 Mack Trucks () 205% Mack T 18t (7).. 110 acy HR& Ce.. 100! Magma Cop (3).. 42% Mallinon & Co... 2413 2 Man El Sup(4%) 53% Man-Elevgtd... 115 ManEmdg (5). 48% Man Shirt (134). 28% Maracatho O11 20ty Afarket Street 10 Wilson & Co 1at Youngstn 8 & T Ann Arbor 4 Atchison gen 4s Atantic CL 1st Atlantic C Leel 4x AtlanticCL 7s.. B & O Gold 4s. B&Ocvay B&Oret b B&OIstsact. B&OG6s.. 74 1091 169 %9 sl trification, are arriving in New York City today to give this piece of track age their minute inspection This electrification, which alread: has been given much study. will, in al probability, be the next big develop | ment by that railroad system. To sa | that the need is urgent is not neces |sary to any who have inhaled 1he fumes exuding from the numerous tun nels, particularly those providing in Zress to and egress from the citv o Baltimore. Incidentally. this proje is the largest piece of electrificatio now under consideration Other Inspections Planned. These experts. who have worked ir gether on many electrifications. inclus ing the Italian, Dutch, French ar Japanese national railway projec and the Simplon tunnel project in Switzerland, have worked out an jtin erary which also calls for inspections of the Virginian and the Illinois Cen | tral svstems. Several other railroad | electrification programs are impending in America, and it was deemed ac visable to have the foreign exper:< here on the ground. The European engineers will give to America the henefit of their ex perience in the manufacture of ele tric locomotive eguipment, and also study, It is understood, the New York shipbuilding plant at Camden N. J., which will extend its activitie pulled | 10_include the manufacture of ele iric locomotives and locomotive equ ment. Trading on Local Board. Todav's session of the Washingic Stock Exchange was dull and unir teresting. Tradinz was restricted volume and to popular issues at changed prices Capital Traction stock held its re cent level of 991, ex dividend 1% | per cent. as did Rallwav preferre: at 86 and a fraction. Mergenthale | brought 136 and American Securit land Trust Co. ruled strong but | changed at 330. There was compar= tively heavy selling in Lanston, 4 | shares changing hands at £5. The bond market was listless The advance in call moner 1o per cent in yesterday's market fc CHICAGO LIVE STOCK MARKET | lowed calls by the banks of loans CHICAGO, September U. S. De- | cregating $25,000.000, which was { partment of Agriculture).—Hogs—Re- | tributed to approaching end-mor ceipts, 22,000 head: moderately active; | requirements, with a conseduent in 10 to 15 lower than Monday's | disposition by the institutions to ex tend their commitments in the mone market. The step caused comment in vi chers, packing SOWS . of the banks' improved reserve po largely . :_majority strong-|tion shown in the report of actual weight killing pigs, 13.00a13.40; heavy- | dition last Saturday when a s weight hogs, 12.75a13.30; medium. {of $19,300,000 contrasted with a defici: 12.90a13 light-light, 11.85a13.60: 1 of $15.600.000 the week before packing 11.25a12.10; slaughter | Dividend Declared. Digs, 1no0alasd. | Directors of the aVashi 5 Cattle—Receipts, 12 ead: slow; rectors of th ashington ey 5 att eceipt 00 head: slow prl e, o most Killing j chanics Savings Bank have declare Great North 54 ) 'f,a"!s,,.'m:;:':, _,‘u‘:;ly"“f:'” e e regular quarterly dividend of ¢ g Northem s fed steers strong: strictly choice kind [Per_ cent, pavable on October | HayEus EREAE absent: best matured sieered early at | Stockholders of record Septemb A Man e few loads, 15.00a15.50; bulk, 9.50 | New Bonds Offered Toda. A Ay ~00; bout 25’ per cent Tun Western | K. H. Rollins & Sons, Blair & ¢ est . grassers: steer contingent later steady | Inc.. Halsey, Stuart & Co.. Inc. e at 7.50a9.50: most fat cows, 4.5026.00; | Parkinson & Burr are offering § 3 heifers. 6.00a7.50; vealers steady at|000 Walworth Co. first mortgags 1 12.00213.00: outsiders paying latter | sinking fund gold bonds. series o { prices. |6 per cent. due October 1. 1945. at = Sheep—Receipte, 17, price of 981, and acerned interest t North t Nor Or Wain Su (8) R 83% a% Gu M &N pf (§) Guif States s (53 Hartman (214). Havina [lee (8) Hays W pf(7! Helm G W ( Hoe & Co A (stisehold B (3) rauston O Howe Sound (2), fadson \r (214 Mot (3) Mot (1)... TNlinots Cen (7). 107« Score of New High Marks. » Seme 30 or more stocks penetrated fnte new high ground. This Hst in- cluded Chrysier. Hudson, General Mo- | tare common and preferred. among metors: Fisk Rubber. International Detroit Edison. Vivaudou Remington Typewriter, Union Bag and Paper. the American Linseed issu Atlantic Guif and West Indles. Ameri can Agricultural preferred. New York Shipbuilding, United States Tobacco &nd the baking stocks General Bak ing and Ward A The special selling in United States | Steel auddenly ceased and the stock vallied nearly 3 points from Mond law. This led 1o a recovery in Cru e | Steel and in the railway equipments. Ralflway Steel Springs sold at a new high after a jump of nearly 10 points. Pullman was up over 5 points, and American Car and Foundry was some | 4 points higher than Monday's low The advance was quite rapid for a time in Raldwin Locomotive. although | this stock was freelv offered as it got around 121. Hudson Continues Rise. International Telephone and zraph had quite a runup. This was the last day for dealings in the sub- seription rights. The extraordinary npward movement in Hudson con tinued. Buvers of the stock were sim- plv contending that earnings at the | suto Knitter. rate. some put It as hig There. Shhott ansthing eould happen |EMawinE (@) in the way of increased dividends. It Bald Loco pf(7). in practically taken for granted that | Balto & Ohio(5). the extra on General Motors will be | Bal& Oh pt (4). raised. Dupont accompanied the Gen. | Bang & Ar (3).. aral Motors stocks as they | Bang & Ar pt(7) inte new high territory. Fisher | Barnet Leather. went through a series of fluctnations, | Barnsdall A first dropping nearly 5 points, then up | Bayuk Clgar.... to a new top above par | Bayuk Ist pf (7) American Can fluctuated violently.| Beech Nut(2.40) Some selling came info the stock on | Belding Bros(3). the announcement that the directors|Bethlenem Sti had only declared the regular divi-| Booth Fisheri dend. Wall Street’s confidence Botany A (4). a4 recapitalization plan will not be de. BrigasMfg(ity) ferred bevond the next quarterly | BklEdison (3).. meeting was expressed by the prompt | BKI-Man Tran. . in the Can shares later. Bk-Man T pf(§). Fven at foday's best prices stocks! Bkl Unlon G(4). fn which the public is largely inter- | Brown Shoe (4). ested were up very little from where | Brunswick-Balk thev stood in the week of September | Brunswick Te 5. This was true of the steels, the | Buff Ito & f coppers, most of the rails, the oils and | Burns Bro (10). the majority of the equipment shares, | Burns Br B (2).. In the meantime advances have oc., Burns Brpf (1) curred in the motor issues, such as 14! Bush Terminal.. points in Studebaker, 24 points in Gen- | Bush Ter.de (7). eral Motors, 37 in Hudson and over 60 ' Butte Cop (50c) in Chrysler, | Butte&Super Butterick. ... Today's What is the conclusion proper te draw from the comparison between prices now and those at the outset of the month? First, it is evident that Wall Street was slow to awake to the wonderful business which the auto mobile makers were doing and what this might easily mean in the way of B & 0 PLEWV B&0 Sw Dtv is ef: B & O Toledo ¢ Bkiyn Manhat &x. Buff R & Pitt 4%;s Canad Nerth 6% Canad North 7a Canad P. c deh 4n Car Clinch & O 58 ntof Gaslys Cent of Ga ¢ Central Paetfic 4 Cent Pac 1st § Ches& O cv 43y Ches & O gn 434 Ches £ O cv 53 Chi & Alton 3s . Chi & Alt 3%;sctts. ChiB& Q1strf s, | BY the Associated Press | CHICAGQ. September 29.—Grain prices took an early upward swing to- | day. Much of the buying which ac-| companied the rise was hased on opin- ions that 161,a1813 a bushel break in wheat prices within a week showed | selling had been overdone, and thar | a substantial rally was to be looked for. Purchasing of wheat was led by houses with Eastern connections. nu- merous commission firms meanwhile advising against selling on any further setbacks. The opening, which varied from unchanged figures to J¢ highe December 137 to 1.373; and Ma 1.397, to 1.40, was followed by ma terial gains all around. December touching 1.39% and May 1.4115. Corn and oats moved with wheat opening unchanged to 1y December 77% to 8, the corn scored a decided general ad- . December reaching 79%s. started unchanged to % hizher, | December 391x to 39i,. Later all de. | liveries showed an upturn. Lower quotations on hogs down provisions. o VHEAT— Open epiember December May CORX. September December Sats— September December May 3 RYE— September December Mav TARD- Sepiember Qctober November RIBS— { September October Am Safety R (3) Am Ship&Com. . Am S & Ret (6). Am S &R pf (1) Am Stl Fays (3) Am Sugar. Am Sumatra. ... | Am Te1&Tel (3). Am Tobaceo (7). Am Toba B (7). Am Typ Fdis(%) Am WW&FI | Am W W 1at (7) | Am Woolen. | Am Wool pf Am Wit Pap pf. Am Zine pf. | Anaconda (3)... Archer-Daniels Arch-Dan pt (7) Armour Del (7). Armour Il A(2) Arn Cons&Co. .. Chinees 3ov R Christiania 6s.. jonristiania ge 3 {7on Pow Japan7s. 13 90 {Conenhazensyys.. 2 97 i Cuba b1en. L R 015 1014 | Czacho 2 1951 16 105 100 3 1 i * StPdbds... tP gn 45 '3 tPev 4l tPgn4lss. tPredy Das’s New Finune The {Asso DG 24 « Asso Ol (2) Atchison (7). At Birm & At Atl Coast L (18 AtIGulf & WI.. ! Atl Guit & W1 pt Atlas Tack... { Austin-Nichols. 3 £33 » w =g B @ =3 ® 5 25 g CaWIbYn€s. CCC &St L 6a CCCa&StLrresA. Cleve Term és..... Cleve Term 5% Colo & Sou 4348 Cuba RR s De! & Hd It rf 4s. Del Hud cv 8 '35 Del & Hud 533 Den & Rio G en 4; D & Rio G imp 65 D&RI6G W Det United 414 Erle 15t cons 48 Firie gen 4 Erieconv4sA..... Erle conv 4s B. Erfe conv 48 D. 2 firle Genessee R 63 10 Erle & . FiaEC5a'7 Fla W& N7 Gr Trunk sf db Grand Trunk 7. 106% 105% 25 5% 101 10013 100% 1003 1003 Norway 515 wi Norway 6s 1843 17.02 695 118 = | 13% 54 18 194 © 4 193 1% 134 +6% 18'a 118 13 18 13% 5 184 Ry St Sppf (7).. Ray Cons Cop> Reading (4). Reading rt % Reading 1at (2). Reading 2d (2).. Reld Iem Cm (3). Robt Reis & Co. . Temington Tyve Remingtnlst(7). Remingtn 2d(%) lenlogle St Rep Ir & Steel. Reynolds Sprngs Rev Tob B (3).. RDNYa St Joseph ©.( StL & Sankr((7) | St L Southwest. . | Schulte Stor (13) | Seaboard Air L.. bd Alr L pf.. Seagrave (1.20). | Sears-Rebk (6). Shattuck F G(3) She!l Un (1. . Shell Un pf (6).. Simmons Co (2). Simms Pet (1).. Sinelair Of Paris Orleans is. Peru 3s 1024 102! 1120 1126 Queensiand és. Queensland 7s. Rio de Jan 8s 194 Rlo de Jan 88 1947. Rio Gr Do Sul 87, Sao Paulc City Sao Paulo State Stof § Paulo rets eine Dept cf 7a Serbs Crot Sio § Solszons 6x. ... Sweden 514m ct. pound weight, bulk better 0 to 102447101 104% 104% 103 103 11es 1 67 67 118% 118% 1C47% 104 4% 4% 108% 108 clusion. “al Packing (8). | Calif Pemt (2).. Calluhan Zine Calumet & Ar (4] Calumet & H (1) | Can Pacific (10). { Case Threshing. | Cent Leather. Cent Leather pf. | gaxingm $36 Ud Kingm 8% - Ud Steam Copen §s Zurich $s MISCELLANEOUS. Ajax Rubber 3s.... 1 1617 101°s 000 head: fat Am Agr Chem 55 1027 102% hea a Int Rap Tran 7s higher dividends. Second. however it has been equally clear thai so far the big speculation in the motors has not brought about any broad buving movement in the general list It has been a market based upon Century Rib (2). wrro d Pasco(4) ! Certain-Teed (4) | Chandler (3). | Chees&Ohio (4). | Chi & Alton. | Market St 2a pf. Miarket St prior. 54% MarlandOil(113) Malin Rock (1). . | Martin-Parry (2) Mathleson Alka. 82's Skelly OIl Sloss-Shel . South Pac (§)... Southern Ry (). South Ry pf (5). ! Spicer Mfg. . $td Gas & EI(3). Int & G Nor 1st 6s Int & G Noraj 6s Kan City Ft 8 4 Kansas City S 3s. KansasCity S 5 Kan City Term Am Agr Chem 7 104 108% Am Chain sf 6= 985 948 Am Cotton Oil b8 95 96 AmSmit& R1stss 21 984 98 Am Sug ref 65 102 AmT& Tcltr4s 85 lambs and cull natives, strong to high: breeding lambs and sheep | steady early; bulk desirable fat native lambs, 15.00a15.25; around 800 head ! of good range lambs, 15.30: several| doubles feeding lambs, als odd range vield over 6.10 per cent The business of W4 Co. w. established in 1842, under the # name of Walworth & Nason, which introduced the steam-heating indus try into America, and established the May Dept St (5). 123% | Metro G pf(1.89) 21% Mexican Seabd.. 12 MtamiCop (1).. 9 MiA-Continent Mid-Cont pf (7). \iddle States... Mid St Prpf 10 Minn & St Louls. Min 8t I* & SSM \fis Kan & Tex. . Mo, K & T pf (5) | Missouri Pacific. Missourl Pac pf. Mont Power (4). Montgom Ward. Moon Mot (3) the prosperity of a single industry. It has been far from a “bull market” in the old-fashioned sense, which was getting ready by a generally ad- vancing price movement for an all- around business boom e e The commonly accepted explanation | o\'s sy potfs. . for the recent rise in the automobile | (. \ e %\ | brar shares has been “short covering.” But | Giv' e Sown (4) . people who have been maintaining a [ Ghl Boan T (5). . bullish position in the motor Eroup | opi p1& Pac. .. insist that the basis for the Luving [GR 1 g& b pf (6). has been something eise. Theyv p t 1o the large earnings of such com panies as Chrysier and Hudson. The former company’s current rate of net income is said (0 be $5 @ share per month. while Hudson is expecied to rhow a share for 19 United States Rubber. Sentiment was generally favorable toward United States Rubber, which went forward again today. Attention was directed to the highly satisfactory position of the rubber Industry and to lots. fat native ewes, 7.00a7.50; 984 | preeding ewes, 5.00. Stt;ck Exchange SALES. first factory in the United States for manufacture of fittings and valves This business in 1872 was incorpc ed in Massachusetts Manufacturing Co., which name about to be changed to Walworth Co. Walworth Co. is about to acquire the business and assets of the Kell & Jones Co. with plants at Greens burg and Etna, Pa., which produce 2 complete line of valves and fittings. and, in addition. have facilities o | steel castings. The Kelly & Jones {name has reached an enviable posi tion in the trade as a result of suc | cessful operations over a period of {more than 50 yvears. Lake Shor. Lehigh Valen 4s... Lehigh Val $s 2003, Louis & N uni 4s... Louis & Nash 5%4s. Louis & Nash 7s. .. | Ch1 & Alton pf | Chi & East 11l pt Chi Great West. Chi Gr West pf.. AmT & Tecltris AmT&Tst5s AmT & T deb 534 Am Water Wk b Anaconda 1st 6s. Anaconda cv db 7 Andes Cop 7a ret Armour & Co ¢ Armour Del 5 { Atlantic Refin Bell Tel Pa 58 Beth Stee] pm 5. Std G&E! pf (4). St Ofl1 Calif (2) StOlNJ (1) StOINJpt (7). 921, | Std Piate Glass. 115 | Stew-Warner(§) Stromberg (). 313 Studebaker (4).. 421; | Studebak pf (7). 417 | Submarine Boat. { Superlor O11. Sweets (uew). Symingtor B Symington A(3) ‘Tenn Copper (1) Texas Co Washington Potomac Elec. cons. 5s—S$3.000 at 100 Manhat Ry cn 4 Market St Ry 7s... MIIEIRy & L6a... M&StL1strf M StP & SSM en M StP & SSM 6% MK &T 1st 4 MK&T4sB MK & T ad) b MK&TprinssA. MK&TS6sC . Mo Pacific £ Mo Pacific 6 Mo Pacific 6s cfs. . ew Or Term 4s... OTex&M5sB.. O Tex & M in 5s. OT&Mb%S. ... OT&MG5k%s Y Cen gen 313s. . Y Cent 48 '33 Wash. Rwy. & Elec. §. & r. 65—$1.000 at 102% Capital Traction Co—10 at 99%. 5 at 0014, 10 at 891 SOWish. Rws. & Elec. pld.—7 at 86%. 10 90 at 85. At 861, naton Monotype—10 at_85. 15 at 85. 100 at 85. 25 at &5 AFTER CALL. Wash. Rws. & Elec. &. & r at 1021, Capital Traction Co.—5 at 80's Mergenthaler Linotvpe—:0_ at 1 Amer. Security and Trust Co.—10 at 10t 390 Mones—Call loans. 5 and 6 per cent Bid and Asked Prices. BONDS. PUBLIC UTILITT. Beth St Brier H St 1at 6 Bkiyn E4 gen b3 S He—$4.000 Chile Cop (214). (Gl COPPER. - < Mother Lode 7e Gult Sul (8). . Cheysler Coron. Motor Met (1.60) 41 x & Pac C & O. it Pete 0%s. CHvE I srAe I 8! | Motor Wheel(2). : 3 3 | Tex & Pacific. . 625 6 | Cen Leth 5745 ofs ceen - The Fair(7).,~. 2 Chile Copper §s | Goea-Cola (1) Tide Water (1).. Bt | Col Fuel & Iron. Simken R B (143 Con Coal Md 1st | Colo Southern Tobac Prod (§).. Con G NY 5%8 wl Co'o Sou 15t (4). ‘ob Prod A (7). Coniumses Pow/Es | ColG & E (2.60). Cranscont OIl.. Cuba Canecv 78 the big trading in rubber securities Col G & E pf (7). T '""‘-t& ‘}')'-)- Cuba Cane cv d which has occurred on the London | Col Garbon (4).- Twin City (4)... Cuban Am Sug §s Stock Exchanges The earnings of the | com! Cred (13) Undervood (3).. Det Edison 55 ‘40 United States Rubber shares have in- | Com Cr pf (1% ). Gn Baz & Paper. Det Edlson re? 63 creased during the vear and the de | Com Inv (2.50 Unien ON (1.30) Dodge wi §: mand for rubber products has shown | Com inTr pf(7)- Un Pacific (10).. Dug L & P 6138 42, rapid improvement. Congoleum (2).. Un Pacific pf (4) uquo:msmgt;;:-. = | \Cigar.... Un Tank Car(5) Est Cuba Sux MARIENSGEDY TRONG. | Conmel Distribat Utd Alloy Steel. Emoire G & F 7%s. New HEven e s . i Utd Cigar(a3'h) LI el N Y Rys 6a°65. NEW YORK. September 20 () Consol Textila.. lexg;i“l:r]u.f @ Francis Sug 7% N ¥ State Ry 44 Tha closing was sirong. Participation | Cont Can (4). il Sk Goodrich §%#. . NY W & Bos 4% of several investment railroad shares | Cont Insur (6).. sy Goodyear 88 1931 Norfolk & W cn 4 In the advance during the final hour | Cont Mot (30c).. et B Goodyear 81941 Norfolk & W cv 6s. gave stability 1o the upward move- | Corn Prod (2) U S Cast Iron P. Hershey 6% s wi. Northern Pac 3s... ment of prices. “Big Four” bounded | Corn Prod pfi7). s Hexshey 631942, Northern Pac 4 up 10 points and Atlantic Coast Line | Coty, Inc (3.80).. L Hos&Cothin. .. Northern Pac 5aD. 42 was lifted 4 poinis. | Crucible Stl (4). U S Ind Alcohol. Hl:m ln.Boll i .oer(shh.rri Er.“ Z Nash jumped into prominence in | Crucible pf (). e Ao Hilino a re Sht L cn 58 46. the motor group with # 10-point gain Cuban Cane Su.. US Rea.ty (8) Indiana Steel 5s. Ore-Wash 1strf 4s. 77 and aggressive buving also took place | Cub Cane Su pf. Sl int Mer Marine Pennsyl gen 4348 in Mack Trucks., Pullman. General' Cuban-Am S (2). U'S Rub 18t (8) . Int Paper 58°47 1 3 Flectric, Fleischmann, National lLead | Cuban Domin. .. inter Paper 68 and Western Union Detroit Edison. however. fell hack on profit-taking and X, 8. Kresge broke 17 points Sales approximaied 1,950,000 shares. " SHORT-TERM SECURITIES. | (Quotations furnished by Redm. | Adirond, P. & L C. 6a 1 Alum. Co. of A ¢ Amer, Becl supar 6 can s Am. Tel. & Tel. Co. 4x 1018 | AReniesn Tel- & Toien 4% <:1:: | Ansconda ‘Conper 6 19 8% | Am. Tel. & Tel. ct) Er 155t | Amociated o1 6s 1031 847, | Anacostia & Potoma | Baltimore & Ohio_6s 1 4% | Ana. & Potomac guar Bethlehen) ‘Steel s 1936, . 941 | C. & P. Telephone bs. | Central of Georgia 6s 1820 P Telephone of {4 BN Ay apital Traction R. v of City & Suburoan_ 31 | Cits" of Georgetown Gas Lat Potomac Elec 1st ba. . = Potomac. Elec, Con 5 001 Potomac_Elec. 68 1853 5 : Pot. El. Pow. & m. & ref 3 Alex. & Wt Ver. 5 Alex: & Mt © Balto_& An ington Gas on ington 6al L . Rwy. & Elec. 4s. I Rw3. & Elec. gen. 6 MISCELLANEOUS. D. C. Paper._Co. 6s.. = Pot. Joint Stock L'd BK. 5w Rixks Realty bs (lonk' Rixka Realty S5s (short Southern Bidr. 614s. Wash, Mkt, Cold Sto Wardman Park Hotel 6s. STOCKS. | PUBLIC UTILITY | American Tel. & Telg: 3 i Capital Traction 3 i Washington_Gas | Norfolk_ & Wash Wash. Rwy. & Elec. com.. Wash. Rwy. & Elec. ptd. Terminal Taxi com NATIONAL BA. National Capital.. Golumbia - ‘ommercial District Nat Acme (sta). Nat Biscult (3). 4 NatCloak (4)... 71% | Nat Cloak pf (7). 100% at Dairy (3) aov w0 a=TnhSmnRBunen -2~ g St 100 867s 13 Nat Distillers p Nat Lead (8 Nat Supply (3) Nevada Copper. . N O Tex & M (7) XY Air Brake(2) N Y Canners (2) N Y Central (7). 1 YC&StL (8) 136 VC&StLpL(8). 9 314 37 NYChi& StL5%s ° YC&StLSsA.. ew Hav deb 42'§¢ 125 ew Hav d 4357 12115 361 49% | Goodrear T. Great Northiern Guif ‘o1l Coro. Pa: 81gs Hock Val. B, R C, Ba Hunible ‘011 5156 103 Lelien Pow. S MSCP ES N Srris & Co. 7738 180 ThmEEa W Yot Centrat 6a N Y On&Wn (1). 28% NY Ryspartefs. 8% [INY iy pf Lot 200 | N ¥ shipbid 2). %0 Niag Fpf (1%). 284 iagara Lockpt. 108 Norfolk South.. 477 | Nort & west () 1395 North A (B3.46). 5874 North Am pf (3) 50'x ! North Pac (8)... 0% Norwalk (1.60).. 147 Ontario Mining.. i Onyx Hoxlery 34% Oppenheim (3).. 44’ Orpheum (1.80). 30% Ntis Elevator(6) 129% 108 12% 8! 5813 { Sinctair Cr. Swift & Co Lof s 1930 | Westinghouse E.&31. 7a 1631 alled at 101% . U S Smelting(3). U_S Steel (17)... U'S Steelpf (7).. U S Tobacco (3). Universal Pipe.. Util PEL A (3).. Vanxdium (2)... va-Caro Chem Va Ry & Pow Vivaudou Wabash. Wabash p ) Waldorf (1%).. Ward Baking A. d Baking B. Ward Bak pf(7). Warner A (1%3). IntT&T5%s wl Kan G & El 6 Kelly-Spring 8 Lackawa 8 53 "6 Laciede G 5%s '82. Liggett & My LoulsvG & E 6852 Manati Sug Mid-Con 6% Midvale St Montans Pow b Mor's & Co 1st 4%e New Eng Tel és NYEdps'4éwi. NY Eden 13t 6348 { Cuban Dom pf. . Cudahy Pke (7). | Cushman’s (3).. { Cuyamel Fr (4). Daniel Boon: . | Davison Chem. . Del & Hud (9). . Del L & Wn (17) IDRG Wst pf... | Detroit Ed (8).. Hud. | Detroit Ed rts | Dodge Brox Cl A Pennsy] gold 7s. Pere Mrq 1st ¢s PCC&StLEsA.. Por RL &P 6547 Reading gen 43 Reading J C 45 '51. Rio G W 1st 4 Rio G Waest cl 4 St L IM&S 43°29. .. St L IM&S R&G 4s. StL&SFplénA.. St L&ASF prinbs. Markets at a Glance OtiaSteel pf. ... Owens Bot (3).. | Pacific Gas (1), Pacific Ol (3)... & Packard Mot(2). Palge Mot(1.40) . Pan-Amer (8)... Pan-Amer B (§). Park & Tilford Pathe Ex A (c53). 82 | penick & Ford.. 21% 106% | Pennsy RR (3). 48% 91'; | Penn Seab Stesl. 14 66% | Peoples Gas (8). 120 124 | Pere Marg (4).. 78 315 | Pere Mar pf (5). ' 73% 1914 | Pere M prior(5) B 8% | 'Phia Co (4) s2 | Phila&RC 40% | Phitlip Morris. .. 14% | Phillips Pet (2). 38 4+, | Phoenix Hosiery 31% 107 | | Plerce-Arrow... 4lis B i 31 | Pleree Batrol.’ 8% 21y | Pitts Term Coal. 46k 165% | Pitts Ter pf (6). 88% 980 | EItts Ut pE 1120, 14% D6rg | Pitta & West Va. 813 111 | Bostum Cer (4). 1383, | Press Steel Car.. 85 121% | Pub Ser N.J.(5). i 37 | PubSe E&G pf 6. 97% fi;‘ unllm-nCntl)» 159 7| Punta Alex Bug. 34% 33 | Pure Ol (1%).. 26% 10% | Radio Corpof A. 5¥% 56% | Ry 51 8pg (3).. 160 NEW YORK —Stocks strong: son, Chrysler and General Motors ut H new highs. Bonds irregular: specula- 1:;"""{,‘:.,‘.‘;}%3‘ rive rail issues rise. Foreign ex- pome Mines (8- changes steady: sterling and French | pouk [66LY (7% france higher. Cotton lower: hearish | DUBORC () 55 crop movement. Sugar easier: trade pOUOIlIE S0 and European selling. Coffee easy; | D " disappointing spot market. Bastman (18)... CHICAGO—Wheat higher: cover- | Eaton Axle (2).. ing of shoris. Corn firm: light coun- | Elec Powr & Lt try offerings. Cattle steady; choice | K P&L pf 40% pé grades scarce. Hogs lowe |EIP&LpL(T).. Elec Str Bat (4). FOREIGN EXCHANGE. | o rorion i | Emmerson Brnt. Quotations furnished by W.B. Hibba & Co.) | Emmerson B pf. Nominal | Ena John (8). |ErieRR . | Erle 18t pf. { Exchange (1%). Fairbks (2.60).. Famous Pl (8).. Famous pf (3).. Federal Lt *1.40. Federal Min Fed Min pf (7).. Fid Phoenix (6). Fisher Body (b). | Fisk Rubber.... Fisk R 18t pf (1) | Flelschmann(t5) | Foundation (8). Lincoln [I® . s National Metrovolitan girnd. PEe - Nat. Bank of Washington .". | GERMAN BONDS AND STOCKS. fQuoted in dollars per million mark. Ger Gt (warin) fa1914.18 Hambure 8358 1919 1. - Gar Govt 4-Bs. (forced ioan] Quoted in dollars per . fhousand Ger Gen Elec 4lan pre w1 1700 Gar Gen Eloc 4148 1019, 2 B 3. 4 imb 30.3%an & 48 nrew Hamburg’ Amer Line 4778 North German Lioyd 4 fas North German Liov Pruselan Consols 3 Krupp s 1621 Dusseldor? 4e pre Prankiort 4% "re- Munich 4s pre-war. Badische: AnIin AE-G: (Ger Gei Comimerz ‘and Pri Dinconto Gellsch Dreadner Bank. Deutsche Bank. Darmstaedier Bank Mercur Bak Vi GROSS REVENUES GAIN. NEW YORK, September 29 (#).- August revenues of the Canadix: Pacific show improvement over Au gust last vear, mnet after taxe amounting 10 $4,181,781, against $3.- 168,390. Gross increased to $13 421,143 from $14.324121. Both sio-- and net for the eizht menths of 1975 were smaller, how n same period of 1924, 2 declining more than $8,000,000 and net about $530,000. 3le 400 26% [ 64 3 80% 7244 109 204 F4% | 1104 96 164 22 S1% 77 187% 128% To% 17 27 19% 42% 26 9245 38 84 26% 108% 167% 40 2% | American Security & Trust. Continental 0.00 marks 1 19.00 2.00 1100 3.00 18.00 24.00 &30 810 200 &00 =00 1000 £0.00 23,60 1s.00 3800 19, North Am Ed North Am Ed ¢34 Nor Ohlo T & L 6 Nor States Pow b Otis Steel 7% Otis Steel 3s. . Pacific Gas & Bl §s. PacT & T 1st ba. PacT & T 68°53 Pan-Amer Pete Peoples Gas 58. . PhilaCos%s'38... Phila Coref6s A.. Plerce-Arrow Public Service P ServGasbi Punta Alegre 7s. Remingtn Arms Rep Ir & Steel 6 Sharon 8t1 H Stnolalr Ol Sinolair Ol $% Sinclair O1l 7s. SiInCOPLés'28 Sin Pipe Line 5s. Skelly Of1 Union West Maryland. Union" Trus West Md 2d pf.. ‘Western Pacifle. . West Pac pt (6). ‘West Union (7)e West Air Br (6). Westinghs (4) St P& KCShL 4%# StP Un Dep ba San A& Arn P 4a G Seabd A L ref 4 Commerce Savings. s Eaet dara Eom. B Seventh Street. United States ‘Washington 126 5 17 26% 19% 42% 26 92 38 3% Sou Pacific 48 Sou Pacific cit 45 Sou Pacific ref 4s. . Southern Ry gen 48 Southern Ry 1st Southern Ry §: Southern Ry ¢ echanics’. FIRE INSURANCE. o3 oy NN EARA—G O~ aRDRB AN O American . Corcor: Firemen's ... ... National Union.. TITLE INSURANCE. Columbia _Titl Roai"Eetate Titie - MISCELLANEOUS. . C. Paper ptd 9244 [ Rorchants, Tran 854 | NP e s vt 103% | SEFHutE wE ket com 99% | Old Dutch Market pfd. 961 | Lanston Monotype Security Storage. 96% | Washington M 967 | Yellow 6 *Ex di YU 82% 8% 9% London. pound Montreal. dollar Paris. {ranc Brussels. franc. Berlin. mark. . Rome. lira. Zurich. franc. 5 Athens. drach; ! MWadrid. pessta. . ‘193 | Vienna. ‘crown . Budapest. crown Prague. crown Warsaw. zloty... Copenhagen, crown Christiana. crown . Stockholm., erown CLOTH MARKET ACTIVE. September 28 (Spe., Fox Film A (4). The market was fairly active | F1seport-Texas. for print cloths today at unchangzed |Gabriel A (2%). prices and quiet and unchanged for | Gardner Motol raw silka, Gen Am Tnk ( Wheel & L & pf. White Eagle (3). ‘White Mot (4).. White Rock (12) Wickwire ctfa. .. Willys-Overld... 26% ‘Willys-Od pf(7). 108% Woolworth (3).. 168 Worthn Pump... 40% Wright Aero(1). 27% Yellow C (2.52). 43% 47% Youngstown (4) 76 Q7% 6 76" Dividend rates as given in the abeve table are the annual cash payments based on the latest guarterly or half vearly declarations. Unless otherwise noted. extra or special divi- dends are not included. A this vear. no reeujar rate. b or 1 in atock. * *Partly stock. 1P extra. atock. iy sble in preferred stock fi iz B e Davable | ;2‘;.'“""& i 27% 109% 169% 40% 29 Third Aveadjsa... Union Pac ¢5°27... Union Pac 1st 4s... Union Pao 1t rf Union Pac cv §s. Virginia Ry 1st & VaRy&P1 ‘Wabash 24 58 Wabash 5%s75. .. Western Md 4s. ... Western Pacific §s. ‘West Shore 1st . Whel & LE rf 4 ¥"iscoasin Cent 108% 167% 40 2% 43% 46% e - 0 330 O R0 111 128% 117% 138% 137 69 681y 17% 16% 34 33% 10% 108 574 56% 2 . Ti% extra.’ fl %o extra The human child acquires its full | brain, in size, before it ia four vears old. for the % 914 Sug Est Orient 4 1025 102% Tenn Elec Pow