Evening Star Newspaper, October 29, 1925, Page 30

300 ** gy ANCIAL. THE EVENING STAR, WASHINGTON, BUYING OUTBURST IN MOTOR SHARES Dozen New High Levels for Year Made in Today’s Wild Stock Trading. BY UART P. WEST. Special Dispatch to The Star NEW YORK, October stock market was extremely and generally strong today, targe number of new high rec —The ctive with ds and a wins of numerous industrial leaders. The ~olume of business was well up to the | the senson and so was the te issues dealt in ceord for total of sepa While i were going n of place taking “tions. sietly in othel Motor Shares Head List. The motor shares again led the up- ward swing. The Gener: port for the third quarter, which came fully up to expectations, was a strong inll” argument. Accordingly General Motors common stock shot forward to its best prices for the vear and on an| some of the other ares went along. rd, Chrysler com- enormous turnover motor and related s They included Pac mon and preferred, the common ahout ! 10 points Goodyear above Wednesday's final; preferred, Dupomt, Fisher Body and Goodrich common and pre erred. All these reached record il . Plerce-Arrow w feature Kains of a point or more occu othy members of the group. Overland common felt the effect of ;e third quarter earnings sattement, Llich was not us good as had been an- ticipated Stocks at New High. The stocks whichTose to fresh tops for the year took in Consolidated Gas of New York, Brooklyn Union Reld Ice Cream, which rose several points again; American Radiator, Con- tinental Can, Montgomery-Ward and Sears, Roebuck, the latter up 6 points or more: International Agricultural Chemical v preferred, Pacific Gas and Electric, which was a promi nent feature among the public util itles; General Railway Signal, up over 10 points; United States Realty, Wool worth, National Dair Products. Julius Kayser preferred. Amerl bacoo Timken Roller Bearing and May Department Stores and ed in Willys ars Turn Strong. sugar shares were mnotably strong with Cnba Cane Sugar pre- ferred, Punta Alegre and Cuban-Amer: can all higher. American Beet Sugar gained over 3 points despite the an- nouncement of a cut in beet sugar prices. The immediate incentive was the further advanced in raw sugar quotation undoubtedly the buying, to A large; extent, represented by covering. A few of the shares were bid made a new The independent steel up. Shloss Sheffield high and so did Guif States Steel. British Empire Steel also made a new top, and Ludlum Steel gained ground. Coast Line at New Top. antic Coast Line sold at the very and so did Nickel fic common and A best prices for 1 Plate, Western preferred. merican Bank Note common r¢ 5 points or so in response to the nouncement of a change in the par value, an extra dividend and an in- crease in the regular dishursements. Pan-American “B” and Pan-American Western Issues were leaders among the oils. American Internationals rise fitted in with the bullish refer- ences to that stock. Federal Mining and Smelting stocks again _distin- guished themselves. American Woolen 2nd Laclede Gas were features. MARKET CLOSES STRONG. Pa Buying Power Holds Firm in Final Trading. YORK, October ®) was strong. Buying NEW closing The power showed no abatement as the forward | movement swung into the final hour with the copper shares in the fore- front of the procession. New special- ties also were brought forward, in cluding Commercial Solvents B, Inter national Business Machine and Na- tional Lead, which rallied 4 to 7 points but General Electric, Southern Pa. cific, Tobacco Products and Shulte turned heavy. Sales approximated 2,500,000 shary Chrysler crossed 241 to a new peak price, and General Motors established a new top above 140, Studebaker, Hudson, Packard, Pierce-Arrow com- mon and preferred, Timken Roller- Bearing and Fisher Body also reach- ing new high ground. Rails re- sponded to publication of additional favorable September earnings state- ments and continuation of record- breaking car loadings, Southern Rail- way, Atlantic Coast Line, Nickel Plate and Western Pacific preferred all breaking through their previous maximums. Merchandise, public utility and chemical shares also presented sev- eral outstanding points of strensth, ‘ommercial Solvents A, Woolworth nd American Bank Note selling 5 to . points higher. Markets at a Glance NEW YORK—Stocks strong: mo- tor shares lead violent rise. Bonds irregular; Liberty Bonds weak. For- eign exchanges mixed; French francs recover. Cotton easy; Southern sell- ing. Sugar firm: heavy covering. Coffee lower; trade selling. CHICAGO—Wheat lower: bearish cables. Corn steady; better cash de- mand. Cattle steady. Hogs higher; broad shipping outlet. ISSUES OVERSUBSCRIBED NEW YORK, October 29 (#).—Pub- lic offering of three stock issues were oversubscribed today, including 120, 000 shares of class A participating f common of 0l Lamp Works; 50.000 shar Neptune Meter Co. class A com- mon and $4,500,000 first preferred stock of Gotham Silk Hosiery Co. DIVIDENDS. Beriod. Bate. Pasanle: bx((:‘ 3. o Corn, Am'B Not Am Stores. Do t Q Do. . Extra Barnsd Cp Class A enD3 G B q i L Co Amparo M Co. Childs Co Gould GT&D Do 2 NOT&MRR Q Sifaes A1t Ay Do. 2d pf 3, 4 and more than 10 points | operations | al Motors ve- | n To- | short | 5 | Elec Str Bat (4). D. ¢, THURSDAY, OCTOBER 29, 1925. FINANC TIAL. NEW YORK STOCK EXCHANGE Received by Private Wire Di.ect to The Star Office Low. [ 1084 180 8 % 108% Close. | 69 ' | Famous P (8).. 108% | Famous pf (8) Federal Lt * Federal Mines. . Fed Min pf (i) . Fid Phoenix (6). Fisher Body (5 Fisk Rubbe Fisk R 1st pf (7 Fielschmann (13 | Foundation (8). 4 | Foundation rts. . 4 | Fox Flim A (4). Freeport-Texas Gabriel A (2%3). Gardner Motor Gen Am Tnk (3) Gen ATC pf (7). Cen Asphalt. . Gen Asph pf (5). Sen Cigar (8) Gen Electric Gen B spec 60~ Cen. Motors (17) n Mot of (7). ®en Outdr Adv Gen Outdr A(4) Open. Hizh oy by 10J. 109 18% 8% 110% 1% 106% I 91 28 77 200 344 85% " 130 50's 253% 120% Open. High. 1107% 1144 291, a8t Abitibl Pow (4). | Adams Exp Adv Rumley. Ahumada 111). | Alr Reductn(15) | Afax Rubber. ... Allted Chem (4). Al'ls Chalm (8). Am Arricul Chm Am Ap Chm nt | Am nk N (18). Am Beet sugi4) Am Bosch . Am Bosch 1ts. Am Brk Shoe/5 Am Br Boverl... Am Can (7)., Am Can pf (7 Am Car&Fdy (8) Am Chain A (2). | Am Chicle. Am Chicle | Am Drug. Am Express (8) Amr & For Pow. . AMm&F Ppf (1) All Am Cable(7) Am Hide & Lea o Tee (8). Am Ice pf (8) 1 Am Internati | Am La Fran (1). Am Linseed. Am Linsd pf (7) Am Loco (+18). { Am Loco pf (7. Am Mernl (3 Am Metal pf (7) Am Radiator (4) Am Republie.... Am Safety R (3) Am Ship&Com . . I Am s tef (T) AmS& RpL(7) Am Snuff (12). . Am Stl Fdys Am Sugzar | Am Sumatra. . { Am Te &Te! - Am Tobacco (8). Am Tobzcco (8) . | Am Tobuc pt (85 Am Typ Fdis(8) Am WWE&E) 1.20 Am W W 1st (7) Am Woole: Am Wool pf ( Am Zine..... Am Zinc pf ... Anaconda (3) Archer-Danie! ArmourDel pf(7) Armour,Ill A (2) Armour,Ill (B) Armour,Ill pf(7) Arn Cons&Co. . . Arnold Con ctfs Artloom (75c). . Art Metai (1). Acso Drv (24 | Ass0 D G 15L(6). itdden Co. Gold Dust. ... +3oodrich Ru (4) Goodrich pf (7). Goodyear pf (7} Goodyr pr pf (8 Gould CoupA (2) Granby Consol Grt North pf (5) Gt Nor Ore (1) Rt Wstn €0 (81 Creen Canan. Guantanam f Mo & Nor uM& N pf (6) fStates S (o) Hartman (2%). Hayes Whi 1314 Helm G W (3).. Hoe & Co A (4). touston Ofl. . Howe Sonnd (%), Howe Sound rts. Hudson Mp (253 Hudson Mot (3). Hupp Mot (1)... [linots Cen (7). 1hinofc Cent rts 111 Cent pf (6). Taden O (1) Ind Motrey (50¢) Indfan Refining. Tnland St (2%). Inspiratior (2).. Interub Rap Tr. Internat Agrl. .. Inter Agri prior. Int Bus Mac (8). Tnt Cement (4).. int Com Ene (2) internat Har (5) 128 2 -l Int Mer Marire R Tut Mer Mar of | Int Nickel (2). Int Paper..... | tntt Paner pf (71 Int Rty CA pf(5) Int Te! & Te! (81 | Intertype (t1%) | Jones ¥iros Tea | Jones & Lau (7) ¥ 14% 114% | Mot (3). o6 56 P& L st (7). an City Soutn Kan CSo pf (4). { Kayser J (3).... :: | Asso Ol (2) Atchison (7). 1 Atchison pf (5). | At Birm & At. | Atl Coast L (18) AUGult & WI. AtI Gulf & Wi p Atlantle Refing. Atlas Powdr (). Atlas Pow pf(6). Atlas Tack. .. Austin-Nichols. | Palawin L (7. Balto & Ohlo(5). Bal & Oh pt (4). Bang & Ar (3).. Bang & Ar pf(7) BarnsdallA (50¢) ! BarnsdallB(30¢c) . Beech-Nut (13). Belding Bros(2) Bethiehem St1.. Beth Stl pf (7). | Booth Flsh 1st.. | Botany A (1. Briegs M1l British Empire.. British Emp 1st. | BKI Edison (8) .. { Bki-Man Tran. . Bkl Union G(4) | Brunswick-Balk Brunswick Ter. . Burns Bro (10). Burns Br B (2).. Bur Add Ma (3). Butte Cop (50¢). Butte&Super(2) Buttertck. . Byers (A 4). Caddo Centrai Cal Packing (6). Calif Pemt (2).. Calluhan Zine. .. Calumet & Ar (4, Calumet & H (1) *Canada Sou (3) | can Pacific (10). Case Threshing. | Case Thresh pf Cent Leather. . | Cent Leather p” Cerro d Pasco(4} | Certain-Teed(4) Chandier (3)... | Chees&Ohio (4). | Ches&O pf(6%). Chi & Alton pf.. Chi & East 111 pf Chi Great West. Ch1 Gr West pf.. Chi M1l & StP... Chi M1l & StP pf C,MII&StP pf cfs Chi & Nwn (4).. Chi & Nw pf (7). Chi PneuT (6). ChiRI&Pac... CRI&Ppf (8). CRI&PpPL (. Chi Yellow C (4) Childs (32.40) Chile Cop (2%). Chino Copper- ... Chrysler Corpn. Chrysler pf A(8) Cluett Peab (5). Coca-Cola (7)... Col Fuel & Iron. Colo Southern. Colo Sou 1st (4). Col G & IS (2.60). Col G & Epf (7). Col Carbon (4).. Coml Cred (1%). Com Inv (2.50). Com Solv A (4) Com Solv B. . Congoleum (2).. Consel Cigar. Consol Distribut Consol Gas (6) Consol Textll Cont Can (4, Cont Insur (8). Cont Mot (800) Corn Prod (3) Corn Prod pf( Coty, Inc (3.80).. Crex Carpet (4). Cructbie Stl (4). Crucible pf (7) Cuban Cane Su. ub Cane Su pf. Cuba Co (4) Cuban-Am 8 (2). Cuban Am pf(7). Cuban Domin. .. Cudahy Pkg (7). Cushman's (3).. Cuyamel Fr (4). Dantel Boone. ... Davison Chem. . Del & Hud (9).. Del L & Wn (17) Detroit Ed (8). . Devoe & Re Acfs Uodie Bros CL A Todge pf (7).... Dome Mines (2). Dupont (19). ... DuPont deb (6). Mastman (18) Eaton Axle. Eaton Axle rts. . % Elec Powr & Lt. 33% EP&L pf 40% (7) 107 EIP&LPI(T).. 91% 70 16% 70% 118% 35% 85% 42 41 53% 17% K &0 " | ’(7’\»‘ 101% lhl“ 1105 57 .1 B inelly-Suring. . . Kelsey Whi (6). Kennecott (3).. Keystone T & R. Kinnev G R (4). Kresge SS (8).. | Kresze Dept S. I laclede Gas (8). Lee Tre & Rub. . i Tahich Val (3% i in & Fink ctfs et & 3 AT4) [1he & My R (t4) I Liz & My pf (7). | Linia Loco (4). Loews 1uc (2). Loft | Long Bell A (). | Loose-Wiles | Loose-w 2d (7). Lorillard (3) | Loulsiana Oll Louls Gas A 1.76 Louis & Nsh (8). Ludlum (2) | McCrory B 21.60. Meclntyre P (1). Mack Trucks (6) Macy H R & Co Macy pf (7). Magma Cop_ (3 Mallison & Co Man Emd g (3). Man Shirt (1%). Manat (5).. AMaracalbo Ofl. Market Street. Market St pf Market St prior. Market St 2d pf . MarlandOtl (1% Malin Rock (1).. Martin-Parry (2) Mathfeson Alka. May Dept St (5). Maytag Co. Metro G pf (1.89) Mexican Seabd Miami Cop (1) Mid-Continnet. . Middle States. Mid St Pr pf +10. Minn & St Louts. Min St P & SSM. Mis Kan & Tex Mo. K & T pf (5. Missour! Pacific. Missouri Pac p. AMont Power (4). Montgom Ward. Moon Mot (3)... Mother Lode 75¢ Motor Met (3.60\ Motor Wheel (2) Mullins Body Murray . 12.40). Nash Mot (116). | ash pf (7). at Acmo (sta). t Biscult (t4). at Cloak (4)... Nat Cloak pf (7) Nat Dairy (3). t Dpt Stores Nat Lead (8) Nat Ry Mex 2d Nevada Copper. . NY Air Brake(2) Y Canners (2). Y Central (7). Y C&StL (6). Y N H & Hart. N Y On&Wn (1). Y Ryspf tefs Y Shipbla (2) Norfk & Wn (18) Nortn A (13.40). North Am pf (3) North Pac (6)... Norwalk (1.60).. Nunnally (1).... Ontario Mining. Onyx Hos pf (7). Oppenhelm (3).. Orpheum(1.30). | Orpheum pt (8). Otis Elevator(6) Otis StSeel Owens Bot Pac Cst 2d pf(1) Pacific Gas (8).. | Pacific Ol (3)... ,2.5\ Packard Mot(2). Paige Mot (1.40) Pun-Amer ... 91% | pan Amer B (6). Pan Am Wn Pet. | Punhand. Panhandle pf.... | park & Tliford. . S5% | Pathe Ex A (c5). e | Penick & Ford Penn C & Cke. Pennsy R R (3). Penn-Seab Steel. Peoples Gas (8). 34% 70 126% 150 394 261 810 74 110% 16% 214 101% 110% 110% 278 2T% | Emmerson B pf._ £nd John (5) Endicott pf (7).. |ErleRR . Erle ctfs Erie 1st pf. Erfe 2d pf. Eussics Vanuum. 297% 89% 19 19% 49% 24 119% 8 234 18 18% 49% 2 119 78 28'9 88% 18 18% 9% 2% 119 78 {in bonds on the exch | ed toda | increased { the, changed | Pites | Symington | Tex Gulf Sul ¢ NEW LOW MARKS INLIBERTY BONDS Tax Reductions Would Take Away Their Tax-Free Attractiveness. BY GEORGE T. HUGHE The Star October Trading 1ge was retard- by the putting into effect of Special Dispateh 3W YORK. sed commis " buying or sellin $1.000 bond. This to §2. Some house to do more busine el ounter” rather than on the ex ons. = was been disposed on the belier that there would | heavy reduction in surtaxes Libert 5 down to a ne R but other United pvernment ob igations ruled The high grade railway sav- bank issues were all firm and in ally higher. issues ineluded $1.500, of Heidelberg, G - Tiis to v 000 Uity ve: re Mar pf thaCo (4). Phlla& RC&I.. Philip Morris. . . I’hil ips Pet (2). Pierce-Arrow. .. Pierce-Arrow pf Pierce Oil Pieice Petrol. . Pitts Coal. Pitt= Stl pf (7) Pitts Term Coul Ut pf 71.2 Pitts & West Va. Postut Cer (4). Press Steel ¢ Pr St Car pf Prod & Refiners. Pub Se L&G pf § an Co (8) . Punta Aless Sug’ Pure Oil (1%). Radlo Corp nRAA Radlo C pf (3%) Ry St1 Spe (8).. Ry StSp pf (7). Rand Min (3.31) | Ray Cons Cop. i [ ding (4). ading 1st (2). | Reading rts. .. teid Iom Cm(3). teid Ice Cr pf (7 ot tiers & Co. rinzton Type lozie Steel. . i D NY a1 754 t Josepn L(13). tL & SanFr((7) t L Southwest. St L Swn pf (5). Savare Arms. chiulte (§8) hulte pf (8) aboard Atr L.. Seabd Alr L pf.. Seagrave (1.20). Sears-Rebk (6). ° Shattuck-Ariz Shattuck F G(2) Shel! 7:n (1.40).. i | Sthell Un pt (8).. ! Simwons Co Simme Pet (1).. Sinclair Ofl. Skelly 01l (2 onxhuc 8). .. outhern Ry (5). outh Ry pf (5). pear&Copf(7). . picer Mfg Std Gas & E <tand Mill (5) tand Mill pf(6). StOli Calif (2). StOINJT ()... StO1l NJ pf (7). Std Plate Glass. Sterling Prod(4) StewartWar (16) Stromberg (6).. tudebaker (4).. bmarine Boat. uperior O11 mington A(2). Telautozph (13) Tenn Copper (1) Texax Co (3). ... ) Tex & Pac C& O Tex & Pacific. The Fair (2.40). Third Avenue. .. Tide Water (1).. Timken R B (14) Tobac Prod (6). Tob Prod A (7) Transcont Oll Twin City (4) Underwood (3).. Un Bag & Paper. Union Oil (1.80). Cn Pacific (10).. | Un Pacific pt (4) Un Tank Car(5) . Utd Alloy Steel. UtdClgar(*3%) . United Drug (7) UtdDrug 15t 3%. Utd Fruit (10).. 2 { US Cast Iron P. S Distributing Hoffman (3) S'Ind Alcohol. S Realty (8).. S Rubber..... S Rub 1st 7S Smelting (3) S Sm pf (3% ). S Steel (17)... S Steelpf (7). . Uni Pic 1st pf(8) Un.versai Fipe.. accrc:cc": .| Univer P pf (7). Utah Copper (1. Util P&L A (3). Vanadium (2) van Raalte. Va Caro Chem B. Va-Caro Ch ctfs. Va-CarCh pf cfs. Vivaudou .. Wabash.......e Wabash pf A (5) Wabash pf B. waldorf (1%).. ward Baking Warner A (1%). warren Bros(4) . Weber (4)... West Pen (4) . West Pen pf (7). West Maryland. West Md 2d pf.. Western Pacific. . West Pac bf (6)- West Union (7). West Alr Br (6). Westinghs (4).. Weston Elec. Weston Elec rts. Wheel & L Erle. Wheel & L K pf- White Eagle (2). White Mot (4).. White Rock (12) wickwire ctfs. . Willys-Overld. . Wiliys-0d pf(7). Woolworth (3). Worthn Pump.. Worthtn A (7). Worthton B (6). wright Aero(1). Yale & Towne. Yellow C (2.62). Yellow Cab pf Youngstown (4) 84% 84% 53 Dividend rates as given in the above table 3 cash pa: ‘men ta Oiherwise Toted. cxira or sped = Slgee Sa not inelude ial divic % Paid this year. no rezular rate, optional in stock. ~ *Bartiy stock: oRtra. gPavable in vroferred stock. 97‘ b or 1Plus Pere Marq (4).. 3 bd% Pere Mprior(5). 84 84 8¢ 84 |8% i S vayable 1% quarterly. Davable 1% % uariery, TT Formerly | un- | 4 | Inter T & T 6%S. tPartly | Recelved by Private Wire Direct to The Star Office. UNITED STATES. 1 (Sales are in $1.000.) | Southwest Bell 5! Sales. High. Low. Closs., | Tenn Elec Pow 9515 991 9916 |Toledo Edn !st7s.. 10125 101 25 10125 |Unlon Beg & P 6s.. 2 100 22 100 17 100 18 | United Drug 6s. 101 100 27 100 25 | U S Rub 1st rf Gs. 1023 102 02 U S Rubber 7% 28103 16230 1 USSteel s f bs 17 10617 106 14 10615 | Utah Pow & Lt Vertientes Sug 7 EOREIGH: Va-Car Chem 7s. .. Warner Sug 7s°39. Warner Sug 7s "41. West Elec 5s. Westn Unlon 6%3. Willys-Ov 6%5°33. 7 102% Wilson & Co 1st 63. 8 984 Youngstn S& T 6s. 19 101% RAILROAD. Atchison gen 4s 20 Atlantic C L cl 4s.. 36 Atlantic CL 1st 4s. 3 Atlantic CL 7s. 3 B & O Gold 4s. 19 B&Ocv4%s - 21 B & Orefbs. 21 B&O 1stbsct.. B&OS8s. .. B & Orf imp . B& O PLEWV 4s.. RB&O Sw Dy 5s cfs. B & O Toledo 43 Hklyn Manhat 6s. Canada South 5s. .. Canad North 614s. . Canad Pac deb 4s. Car Clinch & O 6s.. ! Central Pacific 4s.. 2 Cent Pac 1st 58 *90. Ches & Ocv4%s Ches & O gn 4%s Ches & O cv 6s. Chi & Alton 3%s. .. Chi & Alt 3% s ctfs. 2 Ch! B & Q e 45 '58. CB&Q-TI ',q... CB& Q-1 div 4s. Ch! & E T gn ba, Chi Great West 4s. CM&StT 4325 CM& St Pdb4s 99% 102% 108% 101% 4 104% 89% 107% lOaVA Lib3ya. .. Lib 1st 4%s Lib2d 4%w Lib3d 4%s Lib 4th 4% 3 US4s1944. US4us'52 Low. Close Arzen 6s Ju G Argen 6s Oct '59. Arcentine Rs A. . Argentine 6s B. Argentine 7s. | Australian 5s. | Austria 7a. .. Bank of Chile 6% Bank of Japan 6s Reloium 6s. Te'ztum 6148, wium 7148, [ Retgtum 8. | novia 8 Rordeanx 6s.. {Rrazil e, . | Brazil 7159, | truz:t 8y | canada | ranada 5x 1952, Canad: 5% 1929 i Cnile 7= 1943 Chile 8= 1441, Chile 85 1946 | Chinese Gov Ry 53 Con Pow Japan 7s. Copenhagen 5%s. . Cuba b%s. ... Czecho ¥s 1951. Czecho #s 19 : | Dantst Munic 8s A. | Denmark ss. | DET5%s Mch | Dutch 6 110% 4715 90 95% 102 100% 100% CM&StPgnds. CM&StPrfals, CM&StPcvbs. .. CM&StPés Chi Rys ba. 5 Chi RI& Pgnda.. ChiR1I&Prfds... Chi Un Sta 43s. Chi Un Sta §s ICRITH&SE Chi & W Ind cn C& W 15%s "6 CCC & StL 4%s. €CC & St L 6s. 'eve Term b: Cleve Ter Greek 1s Haiti 6a. . Holiand Amer 63 Hunzary 6148 | Japanese 48 Japanese 6%8. . | Jergens UM 6 | Lyons 6s. Marsellle 3. Mexico 45 '04 asnta 50 Mextco 45710 & Montevideo 78 ord 61 Norway! Cuba RR bs. 96% | Cuba R R 7% 4 100t o 1004 “n 4a. 0 G itmp 5. . | paris OF 20 G Wt 5. o Peru 8s tie gen 4s.. e conv 48 A « | Erteconv 4s B | Erie conv 4s D e conv ext 7 e & Jersey 65 aEC5s'74..... | Gr Trunk st db 6s | Great North 5s { Great North 5%s.. | Gr North gen7s. .. Mob&N 5%SB ‘50 | Havana ERL&P '50 Hocking Val4lss. Hua & Man ref 53. Hud & Manaj 6 I'l Cent ref 3 | 111 Central 5%s. 111 C-C St L&NO 68 | Int Rap Tran 5. | Int Rap Tr 5s v int Rap Tran 6s. | Int Rap Tran7s... Int & G Nor 1st 3. Int & G Nor aj 63.. Kan City FtS 43 iKansas City S 3s.. KansasCity S 5s. “| Kan City Term 4 Lake Shore 4 Lake Shore 4s Louis & Louis & Manhat Ky cn4s.. | Queensiand is. Rfo de Jan 85 1946. Rio de Jan 8s 194 Rio Gr Do - Sao Paulo State §s. |Stof S Paulo reta. . saxon P W Ts. . ine Dept cf 7s. 1ok -b\\ell!n D‘q.ucl Swiss 5y 1946, wiss Confed 5. Cd Kingin 5% | Ud K m5les 37 | Uruguay s | Zuricn us. . . | 1isha 105 6 110% s MISCELLANEOUS. | Asax Rubber 8s.... 14 162 | Am Agr Chem 7338 1u 1ud ain =f 65°33. 6 49 974 | 102 | 103 | . | | Am Cotton Oil 5s. . o7 | | Am Smit & R 1st 38 | Am Smit & R 6s. Am Sug ref 6s. AmT& Tcltrds.. Am T & Tcltrbs.. AmT&Tsf5s. AmT & T deb 5%s. | Am Water Wksss. 1 Anaconda 1stes. 100 Anaconda cv db Te. 153 | Andes Cop 7srets. 3% Armour & Co 4igs. 1 i Artuour Del 5% s Associated Ol 6. vo'e 108 1015 97's 100% 964 luzsy 9513 1004 1035 1 101 | MSIP& MK &T 1st4s MK&T1sB MK &T6sC \io Pacific cen 4s.. | Mo Pac 53 191 Mo Pac 65 49 D. | Mo Pac 6s 55 I3 Montrl Tm 1st 5: Nassau E Ry 4 O Tex & M in 5s. O Tex& M5s B OT& M5%S. N Y Cen gen 3% Y Cent 43’98, Y Cent deb 4 Y Centri6s Y Cent deb 6s. Y Cent LS ¢l 3% Y C & St L db 4s. Chi & St L 5%s YC&StLGSA ew Hav deb 4s ew Hav d 4s'57.. ew Haven c d 6s. Y Rys 6s Y State Ry 4%s. N Y W & Bos 414s. Noifolk & W cn 4s. Northern Pac 3s... orthern Pac 4s Northern Pac b Northern Pacr 163 Ore Short L ref 4s Ore-\Wash 1SLTT 43 Pennsyl con 43s. . Pennsyl gen 4% | Pennsyl gen s | Pennsyl 58 "64. Pennsyl 6%s. | Pennsyl gold 7s... | Peoria & E Inc 43.. Pere Mrq 1st 4s '56. Pere Marq 1st 6. Rio G West cl 43 RIATK& L 4%s St L IM&S 4s°29. St L IM&S R&G 4 StL&SF pl4s {StL&SFprin Heth Steel s £63... Brier H St 1st 513 Bkiyn Ed gen 5s. Bkiyn Ed 63 B. Bush T Bidg 59 '60. Culif Pete 6%48. Cen Leth 6545 cts Chile Copper és. Commonwth P 6s.. Con Coal Md 1st 6s. Con Gas NY 5%s. Consumers Pow 68, Cuba Canecv 7s. .. Cuba Canecvd 8s. | Cuban Am Sug 8s.. Denver Gas 6s. . Det Edison 5 40. . Det Edison rez 6s.. Dodge wi 68, Donner Steel DugL & P 5%s | Duguesne Linht | EstCuba Sug T%s. 5 | Empire G & F,Ths. Goodrich 6%s. Goodyear 85 1931... Goodyear 8s1941.. Hershey 5128 Humble U & R 5 %u illinols Bell 1st 6s. Lilinois Steel 434s.. Indiana Steel 58 Int Mer Marine Lt Paper 68°47. Inter Paper 6 106% 10078 59 96 a Srenlatulid KCP&Lt5sA'52 KanG & El b8 '53.. Kelly-Spring 8i Laclede G 5%8'52. Liggett & Myers bs Lortllard (P) b Louisv G & E 5863 Manatl Sug sf 7%s 311d-Con 6% "40 Midvaie Steel &s Montana Pow b8 New Eng Tel 5s. N Y Edison 5s "44.. N Y Edison 6s. N Y G ELH&P NYGELH&P bs. NY Tel 4 . N Y Tel 6s°41. N Y Tel 68 °49. North Am Ed 6s. North Am Ed 6%s. Nor Ohio T & L 6s. Nor States Pow bs. Nor States Pow 6s. Otis Steel 7% Otis Steel 8s. Pacific Gas & El bs. Pac T & T 1st 5 . PucT & T 68°62. ... Pan-Amer P Peoples Gas 5s. Phila Co 5%# '38 Phila Coref 65 A.. {Phila& RAC&16s | Producers & RE 8s. Public Service 6s. . Fub Serv Elec | P Serv Gas 53s 59 P Serv Gas 5% '64. Punia Alegre 7s... Remingin Arms 6s. Rog Brown Iron 7s. Sinclalr Ofl Sinclair Oll 6%s. Sinclair Ol 7s. . Sin Crude Oil 6s... Sin Pipe Line b Skelly Ofi 6%s. 16 | 80 Por Rico Sug7s. 1 853 w @ cabe®-G0k St P & KCShL 4%s St P Un Dep b8 | Seabd A L ref Seabd A L adj Seabd A L con Sou Pacific 48'29.. Sou Pacific ref 4s.. Southern Ry gen 4s Southern Ry 18t 58. Southern Ry 6s ot. Southern Ry 6% Sou Ry Mobile 4s. Texas & Pacific 1st Third Ave ref 4s. { Third Ave adj 5s. Tol StL & W 4s Union Pac 1st 48 Union Pac cv 6s Virginia Ry 1st !vaRy &P 1stbs.. Wabash 1st bs | Wabash 2d 61 Wabash 5145 15 7y | Western d 4a. Western Pacifl | West Shore 1st 4s. silver, 71; Mexicnn dollars, LONDON, October ver, 3215-16 d. per ounce. per cent. Discount rate: 83 per cent; a8 13- 16 per cent, [ovsewvome BONDS soexemez] ([TTON SELLS OFF Sales. Hizh. Low. Closa. 99% 1024 109 1014 104% 90% 107% 105% 94% i net lower, INTRADING TODAY leerpool Cables and Frost Damage Are Chief Mar- ket Factors. By the Associated Press. NEW YORK, October future: ber, 20.00; 19.66; Ma Cotton Decem- January, March, 19.78; July, . Phe cotton market opened at a decline of 3 to 11 points in response to lower Liverpool cables, renewed Southern selling and further liquidation ar-month longs. The relatively easy ruling of De cember, which sold off to 19.80 before the end of the first hour, or 26 point 4nd into new low ground for the movement featured early t ing. Later months were pulled down by the near months' weakness, Janu ary declining 19.31, or 18 to 20| points net lower. There was covering or trade buying in the later deliveries, howe and the difference bety December and January narrowed to 5 points, compared with 57 points at the close vesterday. The selling of December was ac »mpanied by rumors that cotton was coming here for delivel although some of the local spot traders denied by n 5| cotton tutures opened st | 0\ 4| due, Bois) pres: 48% | was turning w 8814 1004 105% 1014 160% 97 59 96 9474 101 7% 9319 | 1014 97N % | 4-6 months, 4%a 29 (#).—Bar sil- Money, 3 Short bi three-month bills, 3% that it could be hought here at the present price and tendered at a profit. New Orleans Quotations. NEW ORLEA ¥: Decem 2 .\l:ml..| . July 19.19 bid that Liverpool was | first trades here showed losses | \l-l 8 Traders were im-| t that the weather | rmer in the North possible frost damage. continued bear- off further after) i December t ding down ‘Qi 1918, January to 19.24 and March to 19.18. Near the end of the firs hulfhour of trading there was a| lier feeling, due to fears of rain following the freeze, which would be damaging to the crop. WHEAT IRREGULAR "IN MARKET TODAY spite the f. by howey ces eased | west and lower { but | bered PEPCONET SHOWS SUBSTANTIAL RISE Three-Quarters’ Figures To- tal $1,682,930, an Increase of $594,551. BY CHAS. P. SHAEFFER. Net income of the Potomac Power Co. for the first nine of this year amounted to $1,652 an increase of $394,551 over the « responding period of of earnings flled with n.: Public ties Commission today showed. That expans f company activities and facilities, as cited wt rmission for the issue of $2.000.0 of new stock was requested weeks ago, is being carried forwar in large volume, is proved h crease of $361.764 to § rnings ‘dur the months—and this e charge for operating expenses declined t t incre despit electricity during_this ti of $100,69% , this item b Gros ing rende laneous in last ¥, totuled $1, . September’s operations a net income of $150,438, $41.368 over the same month of vear carnings for the m amounted to a gain of $50,¢ expenses gained $: Gros: also income of the Washington L and Electric Company fi hs of this year amount ed to 831 a gain of $58,155 the corresponding period of last 3 « revenues in this time am $3,545,088 and expenses t $98,820. For September the ca reports a net of $20,960, approxir double the income for September, Subsidiary lin the compan tinue to sho adverse trend. For ear to date the Georgetown and Ter evtown line has run up a defi $31,651, more than double the sustained for the same period year, while the City d Sut line has amassed $4.231 “in re SeNL traflic for 1 lines n 84 fares during the tt quarters period. Trading on Local Board. Secur the Washington Stock mmed an even teno ading, which was without feature 1 on ‘Sharp Upturn ed in Chicago as Weather Boosts Demand. es took an day, influenced il in in ustralia, \lhr—|» damage by drought has been th ment of the crops. l'.x\ul‘ahlp weat Argentina. On the de here. however, buving { became of broader nd some’ | thing of a rally ensued opening. ¢ to 1% lower, new stvle, December 1.48 t0 1.49 and May 1.44% to 1.45. wa followed by « her setback and then by upturns which wiped out the precedin 1 reported from cline in value Th decided market to % o all : touching 7 hized with corn, start ver to a shade advan: the market soon hard: rn ound @ ! ing | December ened Provisions mainly by D HEAT— May ... July CORN December { My O0ATS Deceniter { May RY Dece May CURTIS PUBLISHING CO. were firmer, affected corn strensth. Open 14N 1313, 1 g9 WOULD INCREASE STOCK | October 29 (#) PHILADELPHIA, < shed that the < been put »h.ilehuh \l(llnyldn\ will be 1 16 to vote on a propo the preferred stock from 200,000 shares to 900,000 shares of mo par value. If approved, this will give the | company an equal number of common and preferred shares. STEEL CONCERN MAKES BIG GAIN IN EARNINGS SLING, W. Va., October of the Wheeling s { Corporation for the first nine months of 1925 were pla 720,473 in the directors’ report fo {made public yester | with $346.000 “dur in 19 The report predicted total earnings for the year would ap i proximate $4,00 tion to increase MONEY RATES EASIER. NEW YORK. October 29, money easier: high, 43; low, 4 ing‘r.nv. 4% closing bid, 4%: offered t 5; last loan, 4%: call loans against | acceptances, 4. Time loans stead | mixed collateral. 60-90 days, : prime merc ntile | paper, 4%. LIVE POULTRY PRICES. CHICAGO, October 29 (#).—Poultry alive, hens vi balance firm; re fowls, 16a2. Springs, roosters, 1 ucks, 25; e L — NET MINING PROFITS. NEW YORK, October ) — Butte and Superior Mining earned $1.26 a share in the nine months this year, against 5 cents a share a year ago, net profit of $365,929, contrasting with $16,704. TB,EASURY CEBTIFICATES (Quotations furnished by Redmond & Co.) No 29 100 15.32 808 e GERMAN BONDS AND STOCKS. (Quoted in dollars per millign marks.) Ger Gt (w In) Gs 1914-18. 50D 0 Gamburg A% 1010, .., 17000 Ger Gt 4-5s (forced loan) | rGt 8158 1923 (sm p) . (Quoted_in dofiars per thousand mark [ Elec 4% pre-war. 17.0 o Gen Elec 4iag 1919. . 100 Berlin 48 pre-war. ... Hamb 3s. 3les & ds Hamburg' Amer Line 415 North German Lioyd North German Liovd Prussian Consols 3%as. Krupp 58 1021 Dusseidor{ 45 pre-w Frankfort a-M 4s pre- Munich 4s pre-war. Badi h Asked. 550.00 190.00 Dresdner Bank. . Deuteche Bank Darmstaedter Bank Merour Baok Vi w.n\ ..(\4“" an conditions for wheat growth were also | per ratures, said | of the Curtis Publishing | d on December | of Totoma preferre. receipt Power 6 o cent sold Railw newe hington five shares soid up to y and Trus Thirt Bank tional was quiet t 385. It's a Girl.” inues to dish worthy and harassed measure as ever hefore ugh all the turmoil attendant on the huge oversubscription of new & cent preferred stock of the Poto constant day ition the out ight 5.000-0dd jun land wor of t de w\umma { mother | ing Institute. hapter, American In . will give 2 the chapter next surprise”’ tend. will be given under the woman's derived « | stitute of pank loween party in | Masonic Temple beginning at {terious “big | those whe The par pices of h proceeds, vl sdmissi chapte E promised the mittee, change to Remain Open. The board of govert York Stock Exct | to close the exchanze uested by i men asked for uble heliday | to permit employes to e with their which has behind the long cession of 2. days. Whil the zovernors made no explanation of their action they are believed to have been influenced by the belief that lost time may be made up next Tuesda: (election day), when the exchange will remain suspended. But 27 Shares Are Left. There will remain but 27 shares of ' Potomac Electric Power preferred stock unallotted when the present pol of allotting not more than five ares to every local sub: ber completed. This announcement was made by a company official this morr ing. thei work tained. million-car mark for 13 c secutive weeks, the total for the { ended October 17 by the American Al 1,106,114, This figure represented an increase of 15 over the preceding week: an vance of 3,811 cars over the same week last year, and an increase of 3 over the same week in | ings for the week totaled Records M ve the the first ! taling 41,171, were | est for any corresponding I record.” STEEL PLANTS FORM $15,000,000 MERGER KOKOMO, Ind., October 28 ®). Stockholders of the Kokomo Steel ar Wire Co. vesterd: ratified a m with the Keystone S nd Wire Co. 0 Peoria, 111, into a $15,000.000 corpora tion, to be known as the Continental Steei and Wire Co. Both plants w be operated as formerly. The new ¢ pany will have a capacity of abou 250,000 tons annually. per SHORT-TERM SECURITIES (Quotations furnished by Redmongd & (o Adirond, P. & L. Alum. of Ame: Amer, Beot Su Tel. & Tel nda Copper 65 iated Oil 6s 19: Bl & Onio: oa 11 Bethlehem * Steel 5e Central of Georgia ( { Chi.. Mil. & St. P. Chil R. 1. & City Coiumb., Continentai G . R 10015 10013 100 10015 1104 P 11075 L Gulf ol Corp. P Hock. Val. Humble 0il Lehigh_Po M..SLP. & Morn, New Orezon Short L Penna. Sinclair Cr. 01l P!