Evening Star Newspaper, October 11, 1925, Page 44

44 WALL STREET LIST AT HIGHER LEVELS Saturday Market Strong, With Motors and Chain Store Stocks Leading. BY L. A. FLEMING. | Washington is today feeling the ef- | fects of the great educational cam- | Daign that attended the marketing of | a very large part of the $17,000,000,000 | Liberty and Victory issues of bonds | and notes, back in 1917, when the United States prepared for and en- tered the great World War. Prior to that time Washington in eators knew enough about stock and bond trading to go to their bankers or brokers and place their orders. in- dicating security and price, and re- peating the operation when they wished to add to their holdings, shift investments or take profits. They were sufficiently educated not to require the advice of those in the business. Some of the less informed investors did the same thing until| their losses through unwise buying and the establishment of the slogan “Ask Your Banker” brought them | to their senses There are educated buyers of se- curities today, lots of ihem in th traders who know when to take ofit. The term “huver” is used | edly because the sreat rank and | fie of the laymen who operate in stocks and bonds always favor the | buving side. and this is true of | woman operators as well as of men. Liberty Bonds Educational. The first, second and third loan bond campaigns and ceeding issue of Victory notes were the first intimation to millions of | people of small means that there was | {such a thing as a bond: that there | was a way through the partial pay ‘ ment plan that they mizht become | real investors. not only save and a cumulate. but receive interest in e cess of that paid by the banks on savings. and take advantage of ad vances that might occur In bonds or BY STUART P. WEST. NEW YORK. October 10.—Heavy trading and higher prices in several sections of the list characterized to- day’s brief session on the Stock Ex- change. The motors and the depart. ment and chain store shares were the most conspicuous again. A score or more of new high records were es- tablished. Profit-taking sales in the second and last hours checked the rise in many directions. Outstanding Features. The outstanding features in the automobile. group were Dodge Bros. A and General Motors. The former changed hands in large volume above 42, while General Motors shot for- ward several points, also to a new top. Studebaker bettered its previous high. and among the rubber, tire and motor accessory issues United States Rubber common, Fisher Body, Haves Wheel. Timken Roller Bearing and Stewart Warner all sold at the high- est for the vear Associated Drygoods took the lead in’the merchandising group. Its ad- vance to a new high was accompanied by similar performances in the Fair, | McCrory B and Oppenheim-Collins. Other New High Marks. New highs were made also by Case Threshing Machine preferred, Ameri can Agricultural Chemical preferved, Brunswick Dock, Coca-Cola, Western Pacific preferred. Foundation Co.. Co- lumbia Gas and Federal Mining, Smelting preferred. Central Leather preferred and Brooklyn Union Gas. The market for United States Steel common and the independent steels marked time. The common stock of the Fair to day joi 1 the ks of the favored | department and chain store stocks. It wax bid up sharply to a new high on an unusually larze turnover. | | Trade Reviews Favorable. | s stressed the sea-| Liberty the suc- | aught to go to] isually an official of the that financed their purchases | of Liberty bonds. and to diseus with [ him the value of this or that security, | its prospects and chane ing and then take the advice given Through the Federal Reserve tem the bank found it finance the Liberty hond Now. however, the bank: 2 enaugh resources of thelr own, with the slackened commercial demand | Which has frequently been explained in this column, so that they welcome lan opportunity 1o accept a modest partial payment on a small lot stock or honds and ca v the halance for the customer current rates The trade revie sle weather a fa r in stimu business The trend was de- clared to he toward expansion without | any indication of speculative succes: The testimony of the Federal Reserve Bank nts. showing only a mod erate increase in demand for money Al purposes, confirms th view that the business atinz cantiously and con in strikinz contrast 1o the n in the stock market Iatir ze reassurin world is op servatively manipulat | WALL STREET BRIEFS October 10 (). — shut down today over Columbus ¥ The New York Stock Exc other securities mar kets and all_commodity markets will | be closed. The banks also will not resume husiness until T av. The York Coffee and ar ix- | 1< closed today i three. interest Five Traders to One. . As the buyers hecome me more used to the method o and grow they and . trading in knowledge of securities usually g0 in a little deeper begin study the New Y cet. is also possible to re holdings by partial pavment There ave five traders in Washi ton today where there was one f2w vears ago. Tt seems to be irue on the stock exchange no less than on larger Wall Street In the years pr the areat war larze number. comparatively, of ew York houses closed their branch offices in this city and some of our {own brokers and firms followed snit Miller Brothers. Chapman & o Hutton & Co. and later Carpente & Co.. all prominen: New York con- cerns. quit Washington because of light trading and expenses of operi- tion On the local exchange Lewis John- son & Co. one of the oldest institi tions, was forced to close: A {Plant & Co. quit: Henry Hurt. « {of the most valued brokérs on ti _ilocal mave. died: Thomas L. Hum ¢ | dropped out of the exchange and number of others hitherto active rendered their memberships i e for Tocal the The split-up of Nash stock which Wall upon is ht nearer the di preterred } n is expectes nce of at leas mmon for each outstanding. 3,000,000 preferred was redeemed, holders of common re ceiving three shures of the pre: preterred and five shares of new c mon for their holdinzs. About of the company's cash holdi which are understond to exceed 000,000, will be required tu retire the preferred anticipated Motors common Street has heen believed to bave he: to reality by the p rect to retire the at 105. Capitalizat be adjusted by issu: <pe Two hi Growing in Importance. The growing investment interest in jbank stocks and the increased busi s placed Trr-ngh banks has been ponsible fd® the advent of a num- der Co.. president of s2id on Ale Singer Manufacturir i Aeparture for Europs today that the company was not interested in the acquisition of Remington Typewriter Co.: neither had the company nor the directors purchased any Reminzion sto So far as he knew no pur- cha contemplated Sir Do The American Secu! !'the Commercial National, District E | tional, Riggs National and the Liberty | National Banks are represented at the | daily sessions o gt s i Nearly a score of New York stock rempilding contracts awarded in Seb-| houses and investment bankers have | b magern e ieh for opened branches here in the last few on record, a compilation by F. \W.|Years. L Dunnen Dodge Corporation placing the total at | {rom week to week. Al \n increase of 39 per| That this is true is but another evi cent over September, 1924, and only 7i4ence of the increasing volume of per cent under the high record figure | trade in securities in this citv - of August. New construction started | This has caused some surprise, as since the t of the vear ated | Washington is not a great industrial | $4.327,008,700, a zain of nex 9 per | center. but it still has many men of | cent over the same period of 1 {large means and others who, though | = <eopy | NOU especially well-to-do. know the in- | A chasel of \'“nn:r;"'m_;;fv“"*i | Scotl | vestment market and recognize a bull | & and | market in the making as an oppor- Foundry, marking the largt equipment | M1 4 . company’s entrance into _the motor | LUDNILY for turning an honest penny or bus industry, is regarded in the street | {W® as an imporiant development from the viewpoint of earnings. The step is interpreted a move by Car and| Foundry offi < to take its share of | 1y and Trust Co., and is increasing | Purchase of Congress Not as Speculative. Timaiwie wrenline wenile st onh Congress were more interested in Wall | the profits from the steadily increas. | Stre€t and in the fluctuations of the Ing passengzer bus traffic of the coun. | Sock market than in debates anent | try. It is still undecided whether eon. | constitutional amendments or other trol of eol Motor Co. will be :ie. |matters of national import. Today quired. but as plants of American ¢ r | Congress as a body has few traders and Foundry ean make bLns hodies, i membership. nor within are they | 15 possible to turn ont a complete lus. |28 bold as they were i the. oiden | GORILLA FOR BRONX Z00 |as many weaithy retired men resi- | {ing in the city, but the plentitude of { NOW ON WAY FROM PARIS | money and the'fact that employment | lis generally zood and wages high ( make for favorable conditions in the | investment and speculative markets. | The latter seems too broad to be smashed or boosted as readily as in | | the former da presents more sta- | [ bility sind so much broad- | ler that it areator appol tunities for selections. a fact that there are not | Is Ore of Pair of Young Apes Cap- | tured in African Jungle by Floridan. ed Prese ver 10.—On the chance that Afriea’s gorilla immiz tion quota for!the month of October has not heen filled. Mister Congo, who | plans to settle down in an apart- ment in the vicinity of the Rronx, New York, sailed for the United States this week on the liner Homer Mister Congo. who is one of the ver: few of his kind outside of his native forests, is a gorilla about 4 vears old. He was captured by Benjamin Burbridge of Jacksonville, Fla.. who followed him for weeks before he was able to trap him. Another voungster captured by Mr. ! Rurbridge has been presented to the Antwerp zoo, where he seems to be | thriving in captivi Helped Create Investors. FARMERS WOULD KEEP | m i o i s sompors POTATO PRICES STEADY | cducational in a high degree and no | doubt added new recruits to the in Special Dispatch to The St | vesting - public in no small degree. ! Washingtonians have long known BROWNSVILLE, Tex., October 10. . —Potato zrowers in the Rice Grand |of the high-grade investments of Valley have organized to market their !fered by first trusts on realdestate. | indeed. this is the greatest inves| next crop and have perfected a system | by which prices are reported d tem | nlont field in the city. They are less 12il¥ | acquainted with notes than they are to members during the season. ~The | 2GIM2I0 WEA PO 00 § O e the farmers of the valley sold 1,000 cav-| [Vt #0UMA TOrCEARer, e the Ioads st sen AMembers will hes o hase of notes. They understand. obligated mot to sell price authorized by below 4 fixed | iop, that the varying rates of interest nd growers. off 1 Washington Gas Co.’s Plan. Something more than a year the Washington Gas Co. put out an offering of 6 per cent bonds, matur- ing in 1 . and decided to make an effort to place the issue with its cus tomers, consumers of product, gas. | The bond were underwritten and then emploves of the company offered | a good commission to sell honds to | customers through house-to-house | can The plan worked admirably and was such a succe that the | Potomac Electric Light and Power Co., on the eve of marketing an issue of prefered stock. has decided to follow the same plan. a committee of | y¢rireq on real estate mortgages : notes represent in large degree the character of the offrings as to de- In spite of the fact that she is to- | sirability. taily blind. Miss Margaret Gunther | | the clients’ | the deal. | | are highly | to find at 24 to 26, and 20 fo der only moderate receipts and a_tairly ! the .00 fol toes ber of bankers on the locai exchange. | ¢ | the daily {net gain. .01. {net gain, .02. Excellent Salesmen Here. Washington has a number of ex- cellent hond salesmen who are in themselves materially responsible operates with notable efficiency the telephone switchhoard in the Mary- land \Workshig for the Blind in Bal- timore. THE SUNDAY STAR, WASHINGTON, D. €, OCTOBER 11, TRSA&)(;I;(; ISNT g{ggx& égé)Agg\:{ EsR EGURB SmcK GA'NS U. S. Steel’s Book ISMA“_ER TUBABBU Cotton Competes Washington Investors Are Much More Numerous. | Liberty Loans Had Educational Effect—Extra Capable Salesmen in Capital. | Value Gains $132 | [ In 16-Year Periodj | By the Associated Press i NEW YORK. Octoher 10, I wal street statisticians dalculate | hook value of United el common is $275 A Lased on fizures in the balance sheet. Ten vears ago the hook value was $143 a share, a *gain of $132 a share. Current quo- tations of the stock, therefore, are $£150 below the book value. T5 POINTS IN WEEK I National Tea Soars—Ford Motor of Canada Jumps 55 Points Overnight. that the States share. for the upbuilding of the investment | business in this city. They have built excellent business connections for themselves and have valuable| clientele who depend on them to keep | their investments in good condition. A good bond salesman will not admit thay a client's holdings are semi-permanent in character. no mat ter how much the client may so in- sist These salesmen are \wise. know just what a man has strong box. At least, they that he has this or that block bonds in the box The intangible taxpayers broadcast this information to those who care to listen in. — | By the Associated Press. . % NEW YORK, October 10.—The im- | pressive and hroad buving movement | that developed in Friday's late deal- | ings was again in effect on the New | York Curb Exchange today. Prices in several issues that have heen daily soaring to new high levels were favored by substantial support. which | produced further advances. In addi They in his know of | WHEAT UP§ CENTS lar interest was given the openinz Lack of Supplies of Milling Perhans the client does not care |y jons in Ford Motor of Canada | - to switch holdings, is satisfled with | ain of 55 s overnizhi. Grades and CI‘Op News Arouse Market. the rate of interest and anticipates| National Tea. Victor Talking Machine a higher price in the future. and United Lizht rose to new hiz The bond salesman with a new of. Magnolia was the outsta = f fering on the market visits the client | (ure In the petroleum group. se and shows the latier where he can|from 166 to 171 new higl make the exchange, obtuin the same | recora. rate of interest and perhaps make e - e a litde money through the tranwac:| \;‘N_':‘_:'“ ]"‘ on :‘"’ SR on. Invariably this kind of work K ading nd movements | : . O oot & sale the salesman taking | included liquidation in the first few | to esulted chiefly e At holdings at perhaps uldays followed by a sudden bullish [of immediate supplies of milling fraction above the market, but \H-rk—i demonstration, which — m its | 1'“‘I|]'|-< r:m '.m:! 'fi u:v:”dl'm:r n\n‘f ‘n:;\(; SR e self from | greatest progress in Friday's trading | 2bout new eron prospects in Aystra ing out with a profit to himself from | &reatest progress in Fri nd Avgentina. . Decomber - wheat | {to new high levels and many soared to 1.443 a bushel sold at the highest prices iy vesarda vear. ar 'ET corn f The widest movement ediiniGhicago od tional Tea. which rose ttled Hg toRy 0. Ford Motor of Can bl ional advance followed Wheat tion of earnings for the vear ended | X0 July 31, showing income equal 1o | "ert At 87.60 on the 70,000 shares of stock. |, WHEA Stutz Motor had the widest in | May the Jow-priced issues. moving up from | 123 1o 1738 | Goodyear also a By the Assaciated Pross CHICAGO. October v 6 cents a b 10, An advance <hel in whes = moved up | others of s against finish m 1he new Prices lower: De- “There are salesmen here who make a specialty of filling orders of banks larze bond buyers of toda dles! men who specialize with corporate ordars and house salesmen who wait in the office for the customer. Allj trained and ahle to talk bonds from the steenth floor to the; basement. BALTIMORE PRODUCE. BALTIMORE, October 10 (Speciai. | With continued scarcity of fresh na- | tive and nearby egzs. and a good and | constant demand for this character of stock, the market rules firm and the was in Na points to la's sensa the publica | closed un: prices bushel ing were at net gains of 3 | with Decem- to 1437, | High 149 1440 355, 0, &0 b | 100, 1 4] E i e a Featu Goodyear Tire was another feature, moving up over 11 points | peanher Tecent advamte has been easily main. | 4Uring the week to the mew high of | May H e very M on (49, Miller Rubber. which this vear . i e e Yo araw ton o, | 5010 a3 low < 105 ranged from NEW PLAY REPRESENTS " “MESSIAH” AS WOMAN ? o 1 Land Company i tations eggs must zrade first. and allg ! offerings of doubtful quality are slow¥ a0 was active and strong. making Theosophical Melodrama Has Back- ing of Prominent Feminine avor, even at discounts. The|a E4in of 10 points from its low of Leaders. e. special a0m Er g0ty Ry | 1 | of market closed today at 47 cents ajthe week, and Johns-Manville, after dozen for nearby firsts in free liing to 165, rose 110 paints. SR R el e There were wide movements in Ralatwill orobably advs many of the public utilities. Na S | tional Power ranged from 383 to 400 Receipt land United Light and Power A, chichens Bave | which this vear sold as low as 44 Rt R s from 157% to the new market closed with an eas values @ shade lower. weight old hens, 41z non and Springers weighir and over. there is a mand. with no surplus in the daily recaipts poor fowl and common rov Springers however. are plentiful. and slow even at the lower values quoted. dium 1o lirge Springers bring daily except S a pound.” Leghorns 24 to 28, while enterprise gives 1l poor and thin stock sells mostiy | dependent daily 20 to 25, Large old hens ing 27 and 25, medium 22 and mall and rough and Leghc not bring over 17 and 18. Season for turkeys is drawing near. and few : rivals in the past week met with ready sale at 40 to 42 a pound, for younz and 38 1o 40 for old Market for ducks c her. | next live poultry. especially been fairly liberal th a consequence the ! or tone and | of 167 For heavy-| . - NEW SHIP LINE STARTS. and over BALTIMORF pounds good de ~-The Phil sort enter of By the Associated Press LONDON. October ‘Fires {vine,” a4 play in which the Messi | represented woman. is dr much comment in London. Maud Rovdon the well known.| preacher, and many other prominent v have given their approval of | the performance. The play is a theosophical drama, in which a voung v\nxn‘/ln‘ works many mira s and finally jas is with her lover to heaven. The | first performances were private and | the play much pruned before the | general was admitted In the original m the young woman | and her lover were killed by & homb and made their ascent on high in | view of the audience. This was elim- | inated and the murdered pair are now | Swift International. 29%: Union Car supposed to make the ascent ,,fl} | bide United Lisht and Power |gage. Mrs. Rosalind Rosmir. the | oS endy | A. 1641 United Gypsum. 200; Bala- |author. does not pretend to be an ex- | Guinea fowl continues in light receipt | "7 © Ktz 78 Deglenced DIANWIEhE, (Duls she | aays cach. Pizeoms plentitul w'23 and 30 WEEKLY BANK FEI’&RT- JSition of men to claim a monapoly Market for white: patatoes culest NEW YORK, October 10. (P) the Holy Spirit. She says there - 5 poLad 8 {actual condition of clearing is no sex in soul and God does be firmer and values a shade higher un-]pan’s TTAYNG Companies e At etE e week shows excess reserve of $20.-| Lady Grev of Fallodon Is one of | 454,790. This is an increase in re- | the backers of the play, which also | {serve of $41.987,7%0 compared with | has the support of Lady Lutye t week. when a deficit in reserve | wife of the architect of the ( of $21.532.990 was reported | taph. Di v s | wing Miss ety October 10 (Special). nore. Wilmington & camboat Co new zun operating hoats hetween Sailin will he Sunday. and the new Baitimore three in line Philaaelphia, CHICAGO STOCK MARKET. CHICAGO. Oc 10 () | mour preferred Libby 8'a: Real Silk. 60: Swift & ¢ melo- | public ve 26. but ns will rer The | house for the zood demand. but centered oriNo. 1 well graded stock. Culls and rim of patch not desirable and on_this sort prices have 10 be shaded. No. potatoes bring 250 per. 100} pounds and 1.00 to 1.25 for culls and | No s All varieties. 150-pound sacks. | sell mostly 3.50 to 1.00, and 1.50 to Financial Highlights of Past Week s and No.2s vt Brought Out in Nutshell by Statistics more liberal the past week and the |epecial marker rules easier. although prices are well maintained at 4.00 1o 430 per barrel for the former and 3 for the latter. No. 2 stock sell mostly 1.30 to 2.00 bushel hampers bring 30 10 1.50, quality and condition Native and nearby garden truck in'paderal Reserve ratio. .. only moderate receipt. and with the | zfovey rates in New York movement fairly good. values on some | (aayj lines show an advance and markei | e holds firm generallv at the followi quotations: Beans, patch fo The Star. i NEW YORK. October 10.— This week. Last week. i High. Low. High. Low 10 | Stocks (average of 50 lssues)............. 127.27 .79 126.14 124.22 and This week. Last week while | Bonds (average of 40 issues). 84.05 24.16 a8 to | poreign bonds (average of 10 is s 102,78 102.82 Thia week. Last week. Year ago. . b ; 5 s This week. Last week. 4l todly 4l to 6 43 t05 413 t0 4%y Month of Month of July Aug.. 1924 Month of tod 2 008 Bushel Unfilled steel order: heans, 1.15 to 1.25 bushel: b ! Pig iron production. 500 per 100; cabhage. 3.00 to 600 per | D& Won DroTHely 100: ‘carrots. 4.00a5.00 per 100: oorn,| unding permits. 10 to 25 a dozen: Kale, 25a30 bushel:| 3 thie lettuce, 50 to 1.25 bushel: onions. 2.00 | commercial failures 10 250 per 100 pounds: oyster plaNts, | —cumber 5.00a6.00 per 100 peppers, 25a30 bas. | ol Ket: pum 4.00 to 8.00 per 100;; o ADIILIeS S.o i spinach. > bushel; savoy cabbage, | o et CAT 108CINS 40250 hushel: turnips and egg plants, | g comamoditles ool 30440 basket, and tomatoes, 40 to e hamper and 40 to 60 bushel for pac o R Ing stock Miscellaneous products. = - = Ore eee BALTIMORE LIVE STOCK. Live stock BALTIMORE. October 10 (Special). The general live cattle market rules steady to frm on most lines under fairly good movement, but demand centered principally on top-grde stock. of which sort there is no surplus in arrivals. Common to ordi- nary eattle, however. is slow sale even at the lower values quoted. Choice | Spring lambs, in zood and constant demand and values. yule a shade | higher. Quotations today at Light | street whart: Beef—Cattle. first quality, pound. 9| to 10: common te medium. ponnd. 3 !ni Bulls, as to aquality. pound, 4 to & Cows, choice to fancy, pound. 4 to common to fair, pound 2 to 3. Oxen as to quality, pound. 4 to 6. Milk choice 1o fa % h to common to .00 to Calves, veal, ch L 131, rdir to medium, pound. 10 ough and common. pound. § mall culls, pound. 6 to 8. Sheep—Choice. pound, 5 to 6 old bueks, pound, 3 to 4: common, pound, 2 Lambs, Spring, choice. pound, 1o 15: fair to good. pound. 12 to 3: common, thin, pound. § to 10. Hogs—Straight, pound. 13 to 14. Sows, pound 2. Stags and boars, pound. 5 to 7. Live pige. pound, 14 to 15. Shoats, pound, 10 to 12. New York Stock and | Bond Averages Saturday, October 10. STOCKS. 987,500 shares. veraged 132 60,875 377 $283,911.169 1,520 - $301,458,707 $387,936,257 3 2 . $37.158.861 Week of Sept 1.120.6 1.4 $30,4 . Previgus weel 1,098,428 54,041 082 400 428,467 £0,094 486 . Year ago. 1.087.954 19,310 SAY “BAYER ASPIRIN” - Gonuine When yvou see the “Bayer Cro on tablets, vou are getting the genuine Bayer Aspirin proved safe by mil- licns and prescribed by physicians over 25 vears for Colds Headache Neuritis Lumbago Pain Neuralgia Toothache = Rheumatism Handy “Bayer” boxes of 12 tablets. 5 '7 Also bottles of 24 and 100—~Druggists. Awpirin is the trade mark of Bayer Manufacture of Monosceticaeidester of Salicylicacld Twen net zain, .06. , 133.80; low, 114.31. ailroads averaged 105.62; net loss, 13. High, 1 107.69: low, 96.13. BONDS. Total bonds sales. $5,127.000, Ten first grade rails averaged $8.96; Ten ‘secondary rails averaged 90.43; | net gain. .05. § Ten public itilities averaged 91.93; Accept only ‘“‘Bayer” package Accops” only fbayers Jpackage I VS AR o101 90, hdt which contains proven directions. loss, .05. Combined gain, .01. Combined average 92.37; year ago, 91.02. average, 92.31; net month ago, [ By the Assoriated Press. | said. | Public utilities in the stock market {at 923 1925—PART 1. YIELD PREDICTED Agriculture Department Gives Out Season’s First Fore- cast by Types. Crude rubber stood ‘“rm at a today. This is compa @ month ago and ago. With Stocks to Hold Attention! By the Associated Press NEW YORK. October 10 Spec- ulative interest in this week's finaneial and commodity exchanges was divided between the stock market. which developed a sudden burst of strength on the lowering of the call money and the cotton ma apsed to new low ar on publication of a surprisingly larze Government estimate of the cotton crop. Strength of the South American currencies. based on rumors of new loa featured the foreign ex- change market. FOR SALE - 6'2% All_Loans de on Located Columb’a. The Department of Agriculture de clared yesterday in its first tobacco | outlook report by types that produc- | than Tast vear. While the hrieht e, 'SECRET ARY JARDINE LAUDS GRAIN RULES cured crop will he greater. Believes Board of Trade Will Prove The burley crop was estimated at 000,000 ‘pounds, compared with Benefit to Nation's Farmers. 316.000.000 pounds last year, and the . - 643 Lo bright flue-cured crop was placed 60.000.000 pounds more than in 19 Declines also were reported for een Rider be 36.000.000 10 37.000,000 pounds red with last s production’ of 45,000,000 pounds. leaf was estimated at under 002000 pounds,” compared with 21.000.000 pounds, and No. 1 sucker to » was_ placed at 000,000 pounds, compared with 40.- .000 pounds last vear. The durk fired zroup about 7 per ent from present indications, the department and the Henderson fire-cured ated Press tary Jardine vesterday expres ed approval of the adoption of revised rules by the Chicago Board of Trade to prevent wide daily fluctuations in the grain market and predicted simi- lar steps would be taken by all con- has decreased about 1.500.000 pounds | tract markets in the United o crop. Virginia dark. the department | followed a warning issued fast Spri ESUTON AOL BT anat (ASRE by Secretary Jardine after an inves- hit type of the group. presen tigation into erratic &l tions pointing to only the market by the of pounds, compared with Agriculture. avhich Pounda last very grain futures act All portions of the old and new hejt | formed the hoard that unless meas ¢ bright flue-cured tobaceo were re.|1Ures were adopted to prevent such zarded hy the department as show. | Practices he would take action under ing ases except Virginia, where | the provisions of the act the leaf was reported heavy and The Secretary declared in a state- coarse and the quality poor. ment vesterday that any step tows Total production of ecigar types, | Keeping prices in line with the department believed. will exceed |economic conditions will henefit that of 1921 by approximately 1x.00. | ers and all other legitimate husines: 000 pounds. repo from all hopor- | interests and establish public con- tant cigar-leaf ar indicating fav- | fidence in the market. 3 rdBie condttions “With efficient administrati & the plans adopted by the Chies Board of Trade, which 1 have every SPECIAL BUYING IN GAS. reason to helieve will oceur. wild fluctuations, due manipulation g should be eliminated.” the statement continued he adoption of thix far- reaching plan makes it possible for the Department of Aericulture to co operate effectively with the Chi Board of Trade as I pointed out urging the acceptance of the plan STEEL STOCKS STEADY. Tonnage Report Too Late to In- has declined last year on % movemer Department dminis The 000000 13000000 1o Early Decision in Court Case Ap- pears to Be Expected. W YORK October 10 (&) today responded to fincre: participation. Special buying of Brooklyn Union G which ad vanced nearly 3 points to a new h was in apparem anticipation of an Iv ~decision upholding the ruling of the lower courts declaring the $1 gas law unconstitutional. Ap proximately $5.000.000. equivalent 1o nearly $10 a share. is reported tied up. pending the final outcome of the litis ton Columbi; « and Elec tric also touched a new top on a small fractional gain NEW YORK DAIRY PRICES. NEW YORK. Octoher 10 (#) But ter firm: receipts. T.80% pounds. Creamery, higher than extras. 51! 32: do.. extras, score, 50%,a51 Eggs—lrregular: receipts, 11464 es. Fresh-gzathered firsts, stor: 343;. nearby hennery wifites closely selected extra: nearl and nearby western firsts to average extras, cific Coast whites, ex firsts to extra firsts, A Hawaiian worked making a feather cape. sed publie The effect is startiing! fluence Market Action NEW YORK. October ®) Publication of the monthly ton ement of the United States Corporation. showing an in e nearly 205.000 tons in unfili {last month, or about double the crease expected. came too late have any influenge on the dav's | movement. alth the rec sirength of United States Steel mon was helieved 1o i tion of a faverable for September Steel moved within an extremeiy narrow range today, closing 3 high er at 125%. abundance of y. sparkling with |ife, soft, fresh. youthful. gl 10 1% s 0f cent bottle of refreshing, arders ir 0 color, lustre and very woman's hair. “Danderine” T report act on vegetation. o strengthens them, hair and helping thick, healthy and luxuriant. stopping What is thought “run” in iron m: established _in furnace. in Shefeld. months ir 8121 tons of iron were made, or an average of 304 tons a dav for 30 days. 18 Don’t Leave Your Old Home! Why move to another part of the city and give up vour long- cherished association with acquaintances and friends? \Ma vour old home modern and convenient. Install improved heating or an oil burner—a complete bathroom with shower —redecorate it—have every nicety in home equipment. Pay for it in a vear with easily met periodical payments through the Oil Burners Finance Corporation. If your home is too large—fix up your spare rooms into an apartment and halve vour housing costs. See any of the up-to-the-minute con- cerns listed below today. They will put every modern im- provement in your home right away and-give vou a vear to pay! e Plumbing and Heating Installations From : FREDERICK W. QUINTER, WILLIAM CONRADIS, 1461 P Street N\ 1013 12th Street N.\V. W. J. MOONEY, H. R. KI 726 11th Street N.W. 717 5th Street N.E. W. L. GARY & CO., E. J. FEBREY COMPANY, 3111 14th Street N.\W. 616 New York Ave. N.\W. ARTHUR J. THOLL, G. & H. HEATING COMPANY, 1708 Sth Street N.\\V. 917 H Street N.\V. MODERN HEATING CO., 508 H Street N.W. Oil Burners Installed on Partial Payments by : G. & H. HEATING COMPANY, KLEEN-HEAT SALES C( 917 H Street N.W. 1013 12th Street N.\V. (01l-O-Matic) (Kleen-Heat ) ARTHUR J. THOLL, Mantles and Tiles from : 1708 9th Street N.\W. EDWIN E. ELLETT, (Hart-Heat) 1106 9th Street N.\\. Household Appliances from: THOS. B. BELLER, EDGAR MORRIS SALES CO. 1236 &th Street N.\W. 1305 (; Street N.\W. Plumbers, Steamfitters, Electricians, Oil Burner Dealers, « Floorers, Roofers, Painters, Paperhangers Plan for increased business—extend to your customers the partial payment plan for purchases of home improvements. Become a dealer shareholder in this Corporation. Share in the profits that accrue from financing your own increased business. Get Prospectus today. Investors Investigate Invest where your funds have annual turnover—second trust paper takes from e three to five years. The security is the same—earnings probably higher! This first stock allotment is limited—earning possibilities are unlimited and ever- increasing. Get the full details tomorrow. Write, phone or call for prospectus on this profitable investment. Oil Burners Finance Corporation International Bldg. Phone Main 5874 1319 F Street President, CLAUDE W. OWEN, President of E. G. Schafer Co. Vice President, MERRITT O. CHANCE. Vice Pres. of Griffith Coal Co. Treasuser, WILLIAM H. GOTTLIEB, Pres. of G. & H. Heating Co. Secretary, WILLIAM CONRADIS, President of William Conradis Co. Roofing from: acts on the hair fresh showers of rain and sunshine It goes right tc the roots, invigorates, nourishes and CRUDE RUBBER STEADY. NEW YORK. October 10 (Special). - Aollar with 81 ¢ FIRST MORTGAGES Denominations of $250, $500 $750, $1,000 and Upwards Property 1 the District of JAMESF. SHEA na Ave. N.W. BEAUTY Gleamy, Thick, Wavy Hair in a Moment Girls! Try this! When combir and brushing your hair, just moister your hairbrush with a little “Dander ine” and brush it through your hair You can dress your hair immediately and it will ap bear twice as thick and heavy, wavy hair, incomparably Besides beautifying the hair, a 35- fragrant Danderine” from any drug or toilet counter will do wonders, particularly if the hair is dry, thin, brittle, faded or streaked with gray from constant curling and waving which burn the ife from any like falling the hair to grow =