Evening Star Newspaper, August 18, 1926, Page 26

THE EVENING STAR. WASHINGTON, D. C. | Adv. Rumtey Ad Rum'ev pf(3) Alr Reductn(t3) “Skepticism About Extra Divi- | Ale Reaveintias' 137 dend Has Depressing Effect. | Aleachor: () 1o Gary Denies Statement. Allx Chalm ().. 89% : FINANCIAL. ;WHEAT GOES HIGHER IN CHICAGO MARKET! FINANCIAL. WEDNESDAY, AUGUST 18. 1926. BUEUTLTES Cormwoe BONDS e BONDS AEACTIE | UNITED STATES. RAILROAD. (Sales are in $1.000.) Sales. High. {hio Issue Goes to New?High Level—Others Display Goodrich Ru (4) Sales. High. Low. Cios Atchison adj 45 . 6 87% 61014 1012 1014 Atchison gen 2 Wide Fluctuations. Goodyear pf (7). Gothm S H (2%) 5 A = %s 108 26 10126 | B & O gold 4s. £ Lib2d ¢¥%s. 50 100 21 100 20 100 21 o 9% { Gotham new 215 BY GEORGE T. HUGHES. Gotham pt (7).. PRICES FRRM HERE: EACHANEE 1S LIEAT Low. Close. 84 84 514 52 12% 13% Open. Hizh Righ a8n 108 206 112% 33 low N;_mf}lxcelfin Rains Count as Bullish | ::‘-! Factor—Buying Orders Are Plentiful. Gen Gas (B). ... Gen Gas pfA(3) Gen Motors (116} 137 Little Activity # Local Stock Market—Capi{al Traction Goes to 104. Tibsd 4%s. 20 1015 1012 Lib 4th 4%s 167 1026 1022 USI% 210112 1019 UB4s1944. 210818 103 4%s82. 5110718 1079 FOREIGN. Sales. Higl Argentine 65 Ju §! 28 % 1027 1024 102% | By the Associated Press ‘:;";! CHICAGO. August 18.—Buying | 100% | orders were plentiful in the wheat 0% | market early today and with offerings | Sovt |readily absorbed the price level laveraged a little higher. Excessive | 99 !rains, hampering the domestic har-| B&Orf imp B& OPLEWV . » & O SwDiv 5s cfs B & O Toledo Bkiyn Manhat €s. . Buff R & Pitt 4%s. Can Nat 43830, { Amal Leather Amerada (1.60). RY STUART P. WERT. WALL STREET, New York. Augus! | Am Agri Chof. . Am Bank N. 1 66 Am Beet Sugar. Trading was light o1} the Washin: ton Stock Exchange toyay, but price i 13.—Continued weakness in United | £ Jtates Steel constituted the chief de-| ° pressing Influence in the market to-| Aay. Despite Judge Gary's denial, after the close of business vesterday that he had made any statement re zarding the dividend policy of the company. Wall Streei persisted in be- ing skeptics! about any extra dividend At the next two guarterly meetings. Tnasmuch as these extra dividend ticipations have been the main res- Ao o 1he Tast 10 points of the rise in Tinited States Steel, the decline in the | [maek was quite intelligible. Further realizing occurred in Gen- | syal Motors. which at one stage was | wff quite sharplv. Another of the ve-| “sent industrial favorites, American ‘Smeltinz. wasz definitely weak. Dul iPont sympathized as usual with Gen- »ral Motors. Hudson Motor fered down again. It was off nearly | 10 points from its recent high. Mack | TTrucks ran up 2 points at the begin- | ning of the day, but subsequently lost its gain. The market for the moior | whares wss quite obviousiy full of #tock | " Chesapeske and Ohio, Pere Mar quette and Rock Island made new “high records. Atchison covered a range of some 1wo points. dropping | off at the start. then rallying still| more sharply. Atlantic Coast Live, was bid up 4 points, then fell back | partially. Norfolk and Western, New | York Central and St. Louis-San Fran risco steadied after an uncertain start | and in the afternoon hecame strong. Chicago and Northwestern was & | ‘prominent feature. It had gone up & | point and a half Tuesday, and gained | atill more today. Other Northwestern rails did not come in for so much at tention, indicating _that the reason for the buving of Chicago Northwest-| arn was a special reason, probabiy | having to do with the possibility of | a dividend increase. There were 1wo oll were evidentlv heing bought for spe +ial causes. One was General Asphalt, | wwhich made a new high record. the other was Skeliy. The rest of the oils Aid little, Gieneral Rallway Signal was the leader of the egnipments. Other mem- hers of the group were little changed Cuban American Sugar bad by no means discounted the cutting of the dividend in twe The stock broke rather hadly and quite upset the reat of the sugars. American Sugar and Cuha Cane preferred iwere particy larly weak. CLOSING TRREGULAR. stocks which | Renewed Bidding for Motor Shares Is Noted. WALL STREET, New Yo zust 18 (A).—The closing was i Jar. Renewed bidding for shuves, including Mack Trucks. Hud %on and Plerce Arvow preferred, con ivasted with an outbreak of profit- * takinz in the vailroad stocks in the ! I'te tradinz. A brisk advance in radio 2150 featured the final dealings. The 1otal sales approximated 1900000 shires E | Markets at a Glance NEW YORK.—Stock irregular: Union Pacific and other ralls at 1926 | highs. Bonds mixed: rail issues firm: sugar honds heavy. Foreign exchange dy. French francs rally. Cotton .dvanced: bullish crop advices. Sugar casv: comission house selling. Coffes ined. disappointing Brazillan mar- ! “ats CHICAGO. Wheat higher; de- creasing stocks. Corn firm: bullish veekly weather reports. Cattle lower. | Hogs higher: improved demand. i | WALL STREET BRIEFS | | ! NEW YORK. August I8 (®). -n-| vestments of foreign capital in Pecu | are calculated at about lzzn,ooumm.l of which the United States has con 4ripnted more than $100,000.000. { Tritish investments in Peru ave esti- | mated at $125.000,000. Development | of the country’s mineral deposits ix | ~<pected o aitract additional large | amounts of foreign capital. I8 iron nve. anthracite, llgnite and hitumi nous depo: are estimated in bil linne of tons An axta dividend of 5 cents a snare hus been declared by the Me: centhaler Tinotype Co. in addition 1o The regular quarterly of $1.25. huih payable September 30 o stock of rec ord September . An extra of the same amount was pald three m..mm: e Private dispaiches received in Wall { Am Internatt. ... 1 Am Metais (4).. | Am Po&Le :g1). | Botany A (4).... | Bkin Eadison (8). | Com Solv B { Congoleum- Am Rosch I Am Rrake Sh($) 1104 Am Br Bov Bl(2) 46 AmCan(3)..... #8% Am Car&Fav (¢) 101 Am Chain A (2). 25% Am Chicle 13).. 7 Am Drue....... Am & For Pow.. Am Hide & Lea . Am Hide & L pf. Am Ho P (2.40). Am Jeo (+10 Am Ice pf (8 AmTaFr)... Am Lin, ke Am Linsd pf (7). 84% Am Locomot (3) 104% Am Mach & Fy.. 7% 5% 664 Am Radistor (4) 118% Am Safetv R (3) 69% Am Ship & Com. 7% Am 8m & Ref (7] 148 Am Stl Fays (3). 4% Am Bugar (5)... 72% Am Sumatra (n) 31% Am Sumat A cfs 33% Am Tel & Tel(9) 145% Am Tbaceo (8). 119% Am Tobao B (8). 119 Am Typ Fara(8) 123 Am Type pf (7). 103 Am Wa Wocl.20 584 Am Woolen. . 30 Am Wool pf (7). Am Writ Pa pf.. Am Zine. ... . Am Zine pf... Anaconda (3) Aroher-Dantel ArmourDel pf(7. Armour of I11(A) Armonr of 111(B) Arnold Con (n). Artloom (3). Art Metal (1)... Amso Dry G(3%) Atchlson (7).... Atchison pf (6). At Birm & At. . 34 12% 50 A | At1 C Line(19%) 225 384 Atl Gulf & WI. | Atlantic Refing.. 112 | Atlas Powdr (4) . B9 Atlas Tack...... 11 ustin-Nichols. . Luto Knitter Baldwin L (7). Ralto & Ohto(8) . Balto & Oh pf( Bang & Ar (3).. Barnadall A (3). Bayuk Cigar. Bloon:ingdle pf 7 106% 28% 277 149, 63% 940 18% 1874 284 10% 59% Calif Packg (4). 12 Calif Petrol(2).. 32% Callahan Zine... 2 umet& Ar(€). 72% Calume&H(1%). 17% Can Pacific (10). 1647 Case Threshing. 162% Cent Leather [ Cent Leather pf. Century Rib M Cerre De P (4).. Certain-Teed 4} certain-T 24 (7). Chand.Cle pfid). Ches & Oh (1i%). Chi & Alton pf. Chi & East 13l 81 Chi Great West. 9% Chi Gr West pf.. 25% Chi M1 & BLP.. 12% Chi MIl & St P pf 22 C Mil & St Pctfs 12! MII&BIP pfefs 21k hi& Nwe (4).. T >hi R [ & Pae. R R Briggs Mfg (3). Bkin-Mn Tr (4). BKIn Un G(t11). Brunswick Ter. . Burns Bro (10). Bush Terminal. . Butte&Super(3) Butterlck. ...... 52 17 % 29% 150% 8l 6214 T&D pf (6). 89% 1& ¥ pf (7). 102 hilds (32.40)... 62 Chiie Cop (3%). 24% Christie B (1.20) 46%: Chrysler Corp(3) 364 Chrysier pfA(8) 102% Coca-Coba (7)... 160 Collins & Alkmn. 52% Col Fuel & lron. 4% Coio Southern... 66 Coio Sou 18t (4). 72 Col Gax & Bl (5). 81% | Col G & Epf (7) 114 1 Col Carbon (4).. 627 Com Cred (3). Com Cred 181 812 924 Com Inv (2.60).. 7 161 28% Congreas Cgr(3) 43 Consol Cigar.... 70! Conso! Distrib Consol Gas (5) Consol Textil 2% i Corn Prod(12%) 44% . 80% Street srate about $30,000,000 in gold | ¢ from Australia has been shipped 10 he Federa! Reserve Bank. San KFran iseo. for transfer to the account of the Bank of England at the New York Federal Ressrve Bank. in settlement of international balances. Crown Pa 18t(7) Cructble St (55 Cuba Cane Sugar Cuba Cane Su pf. { Cuba Co (4). 4 | Cuba Co righ! Stockhoiders of the American Drug xists Svndicate have approved a plan hywhich the ir organization will be con molled by the Schulte Retall Stores rporation for 10 vears. Dividends of * & per cent for the perlod of control ave guaranteed by the Schulte interests. The syngicate. which will retain ix ~orporate identity. controls the Ameri ~an Drugglsts Syndicate of Chicago. American Druggists Syndicate of the Pacific Goast. Aseptic Products Co. and Sake Stamping Co. Hupp Motor Car Corporation has advised the New York Siock Exchange af a propsed decrease in authorized nreferred stock by $907.300 and an in cvease in authorized common stock | fram 1.000.000 10 2,000,000 shares. Wall Street hears #he forthcoming | renort of the Goodyear Tire and Rub- | her Co. for the half vear will show net | nrofits ~xceeding $4.000.000. This | would he equal to about 135 a shaie | or the common after preferred divi dands Net proft of Chicago Yellow Ca the half 1ear amounted to $1.110 ~qual a share, against $! p 2 share in the firs: July net profit rose from $144.967 in Jdnly half o 8154514 par Stock of the Douglas Pecti ation has heen placed on a $2 annua Aividend hasis, with » quarteriy hursement of 30 cenis a tra dividend of 30 cents d to bring the ra vear 10 the new hasis September September Iso o Both holders | * recor | Steel mill operations in the iead- ng districts continue at the h rate nf the first half of August.” Tron Age «aye. “but the week has brought some curtatiment of finishing mill output Adue to hot weather. Specificatior n good volume are still the though. respect to some producers find ““sion feem the o the mond . ! Endicott pf (7) | Kngineers PubS 24k | Engnrs PS pf(7) | Exchange (1%). ¥ | ®ealigrt(*1.40) ! Fed Min pf (7). Gen GREA ElYy 26 16% [ 99% Davison Chem.. 37 Del & Hud (9).. 168 DelL & Wn (17) 1434 DRG Wat pf un Detroft Kd (8).. 134% Devoe&a(2.40) 36 Dodge Bros Cl A Dodge pf (7). .. Cuban-Am S (2) Cuban-Dom Sug. Cudahy Pkg (7). Cushman's (8).. | Dome Mines (2). Douglas Pec (1). Dupont (14)... Dupont deb (8). Eaton Axle (2).. Wiseniobr & Bro. 18 Bl Auto Lt(16% 70% Electric Boat... 8§ Slec Power & Lt 18% Eiec P& L Df(T) 96k Elec Refrig(f3). 65 Fiec Sto Bat(16) 0% End-John (5) .. 68 106% 2% 9634 ELquitable pf (T) 126 sris R R. as Erle st pf.. Erie 3d pf. Kureka Vac % 16% bl 8uM 80 6 Fed Ain & Smelt Feaera Tenek. . Fisk Rubbec. Fisk 18t pf ev Fletschmnit®i) Foundation (8). | Fox FilmA (4). Freeport-Tex: Gabriel A(14%). 31% Gen Asphalt. . 8% en Asph pf (5). 119% 5078 a1y 142 83% 83% 3¢ 33% 18% 12! 0% 4T% 84% 84 104% 104% 8% 1% 511 5l 34% 146% 145% 120% 119% 119% 119 128 122 103 102% 30% 3 % % 32% 100 hJ L 226 221% 39 38% 13 111 59 59 1% 1% 1 10% W W 119% 117% 104% 103% 3 137% 187% 28h 28% 10% 8% 1% 32% 2 1% 2h 7% 17% 1% 165% 164 1628 160% 10% 59% 2 102% 102% 161 169% 531 517 44 43% 66l 66% 92 " 48 82 81 114 114 620 62% 2% 27% 2% 924 67 67 163% 160% 23% 224 43 43 70 131 1% 181 11% 981 98's TS T4 9 87 38 37% 484 11 25 16% 9673 100 37 168 145 4% U 134% 1348 36% 364 30% 29 875 87 10% 104 37 364 30315 2994 108% 106% 274 27 1313 M 7045 5 T 621 52 18% 16% 514 Bl 116% 115 38% 824 80 89 7% 16 31w 30% 8% 18 98 9% %0 80 50 49% 9B 2y 0 69% 28 26% 31% 81 8% 1% 120 5078 B0% 32% 1 12 17% 165% 162% 754 | Sinclair o1l 81 8 50 | Gould Cou (2. | Granby Consol. . | Grt North pf (5) Gt Nor Ore (1%) Grt Watn Su (8) Green Canan. Guantanamo. . Gulf Mo & Nor Gu M & N pf (6) Gulf States 8 (5) Hartman (2). Howe Sound (3) HudsonMan (334 Hndson Mo(314) Hupp Mot (1)... Miinote Cen (7). Indep O11 (1)... Indian Refining. Tngersoil R (14) Tnland 8t (234). Tnspiration (3).. Interurb Rap Tr. Intconti Rub(1). Tnternat Agri. .. Tn Ag C pr pf(7) Int Bus Ma (3).. Tnt C t (4).. Bd% Int Cement pf(7) 1047% Int Com Eng (3) 65% Tnt Harvstr(6).. 1314% IntMtoh pf(3.20) 63% Int Mer Mar pf.. 29 nt Nickel (3). 37% Int Paper (2)... 561 Int Ry Cent Am. 27% Int Tel & Tel (8) 118 Int T&Teleg rts. 8§ Jewel Tea...... 42y Jordon Mot (3).. 23% Kan City South. ly-Spring. Kennecott (4). Kresge S8(1.20) Kresge Dept . . Lago Ofl & Tran. Lambert (3%).. Lee Tire & Rub. Lehigh Val(3%) Leh&Fink stf(2) Loew's Ino (3).. Long Bell A (4). Loose Wiles.... 1 Lorillard(3). Lorillard pf (7). Loutsians O11 Ta Ol pf (T). | Lou&Nasn(t6%) | Maok Trucks (8) Macy HR & Co. Magma Cop (3). Mallison & Co. Manati pf (7) Man El Sup (5). Man El m g (d5) Marland Ofl (4). Mathieson (4). . May Dept St (5) Maytag Co (8).. MetroG pf(1.89) Mexican Seabd. Miami Cop (1).. | Mi1d-Continent. . Midale States... Mid States Oil ot Midland pf(+10). | Miller R ctfs(2) | Min St P& SSM. Mis Kan & Tex. | Mo K & T pf (8). Missourt Pacific. Missour Pac pf. Montgom Ward. | Mothr Lode(750) Mo Plcture(114) | Motor Met(3.60) Murray Body... Nash Mot (13).. Nat Biscuit t4% Nat Cash Reg(8) Nat Cloak & Suit i Nat Enamel & 8. Nat Lead pf (1). Nat Pw&Lt(80c) Nat Ry Mex 2d. Nat Supply (4). NatTea (4).....1 Nevada Cop (1) . NY Afr Brake(3) N ¥ Canners C2. NY Central (7). NY Chi&StL(11) NYC&StL pf () NY & Harl (5).. NY NH& Hart.. NY On & West . . Niag F pf (1%). Norfolk South Norfk & Wn (18) Norf & W pf (4). North A (B3.40). North Am pf(3). North Pac (5)... Norwalk (30c).. Omnibus. ...... Oppenheim (3). Orpheum Cir(3) Otis Blevator (8] Pac Coast 2d (4) Pacific Gas (8). ). Paige Mot(1.30). Pan-Am B (6)... Pan.AmWnB(3) Panhandle. .. Panhandle pf... I Park & Tilford. . Park Utah (60c) Pathe Bx (c8) Penn C & Coke. . Pennsy R R (3). Penn-Seab Stesl. Pere Marq (} Pere Marq pf (6) Phila Co pf (8).. Phila& RC&IL. Philip Morrl; Phillips Pet Phillips-Ton (4. | Phoentx Hostery | Plerce-Arrow. .. Plerce-Ar pf (f) Plerce OIl. . | Plerce Petrolm.. 3 Pitts & W Va(é) 109 Postum (5). ... 103% | Pressed Steel(n) 41 Prod & Refiners. 11's { Pub Ser N J (5). Pub S NJ pf (). | Pullman Co (8). i Pure Ol ().... | madto Corp of a. | Radto C pf (3%) Rl Cefs (4). Rap Cop (25¢) . Resding (4).... Reading rts Reld Tce Cm (3). Remington Type | Replogle Steel.. Rep It & St! (4). Rey Tobac B(5). i 1tobt Rets & Co. . Roval D (23.078) Safety Cabls (4) Jaseph L(+3) StL & SanFr (7) St L Southwaest. Schulte (13 = | Schnite pf (%) Seaboard Alr L. Readbd Alr L pf .. Sears-Rn (2%). Teneca Copper) | Shell T&TR2.17 ' heil Un (1.40).. sheli Un pf (8) Shubert Theatre mona(12.35) ! Slmma Pat (1 | Sinelatr pt (8. % | Skelly O11 13). .. | Sioss Sheft (6) . 118% % 118% 118% { South Port S () 's | Sou Cal Edlson. . ar pf (7) 113% 108% 113% 113" | Sou Dairles A(4) ). I 5% 0% ien kilec s 33 Tt 2% an % 50 92! " b 4 | Sou Dalrles 3. ' | South Pac (). .. Southern Ry (7) 120 !li% { U S Smelt (3%). | U S Steel (T).... : Special Dispatch to The Star. NEW YORK, August 18.—Bonds of | public service companies came in for | more attention in the market today. Cities Service Power and Light 6s ‘were conspicuously active over a range of a point, the selling side pre- dominant. Ohlo Public Service 7zs | went to a new high record as they crossed 115. This represented an ad- vance of over a point on the day. Skelly Ofl 634s went through a serfes of fluctuations corresponding to the changes in the stock. into which they are convertible. The bonds, which had closed Tuesday at 140, sold at 139, rallied three points, then vacil- lated in' between. Pan-American 6s were slightly lower and so were Em- pire Gas and Fuel 7%%s. Warner Sugar Rallies. Anaconda 6s and 7s were both frac- | tionally higher. Warner Sugar sink- | ing fund 7s. which had been one of | the weak features Tuesday slightly. Eastern Cuba Sugai were dealt in over a range of a half | point, most of the time between 103 and 103%. Cuban Dominican 7i4s were lower. In the speculative rallway section the feature was the activity in Inter- national Great Northern adjustments, ‘| which were taken at rising prices. | Missouri - Kansas - Texas adjustments | were also actively dealt in and so were | Missouri Pacific 4s. St. Louls.San Francisco “incomes were _ slightly | higher and also Seaboard Air Line adjustments. Denver and Rio Grande Western 55 rose half a point. | There was a distinctly easier tend- of the market still feeling the effect | of the Increase in the New York Fed- | eral rediscount rate. Union Pacific | first refunding 4s sold at $9%. against 90. the final price on the preceding day. United States Steel sinking fund 53 were off nearly a half point. Bal- timore and Ohlio first 4s and Atchison general 4s were offered. Government Issues React. United States Government issues started in higher for the most part, then reacted. In both Treasury loans and Libertys the tendency was to hold around the Tuesday final. French government 7s were active at some- what higher prices. City of Marseillea 68 went up a point. There were frac tional gains in Czechoslovakian 73;s | and in the City of Prague 7%s. Bel sian and German issues were barel -changed. Among the day's new lssues was offering of $1,415,000 City of Yonke: . 413 per cent bonds, y. August 1, 1927, to 1966, offered at prices to yield from 3.90 to 4.10 per cent, by Estabrook & Co. . | GERMAN BONDS AND STOCKS. | (Quoted in dojlars per million marks ) | A Asked. Ger Gt (w in) bs 1914-18 1100.00 1150.00 Hamburg 4l5e 1919 85.00 95.00 (Quoted_in dollara per th: | Ger,Gen Elec 4138 pre-war Ger'Gen Elec 435s 1919 Berlin 48 nre-war........ amb 3s. 3138 & 48 pro-w. ambure’ Amer Line 440 - North German Liovd 4%s North Germun Lioyd. . Prussian Consols 3% s Krupp Bs 1921, gy Dusseldort 4s pre-war .. .. Frankfort a-M 48 pre-war. . Munich 48 pre-w: % adische Aallin e Bank Darmstaedter Mercur Bank V Heyden Chemical. . Aust A E G (Gen EI Berliner Handels | South Ry pt (6). | Splcer Mfg...... | Std Gas & El %3 8td G & Bl pf (4) Sta Mill (5)..... Sta 011 Cal (3) SO NJ (1).. Std Of1 NJ pf(7). Sta Plate Glass. Sterling Pro (). Stewart War (§) K Studebaker (5).. | | Submarine Boat. Sun Of1 (11). Superior Oll. Symington. ..... ‘Tenn Copper (1) Texaa Co (3).... 1% 8% Tex & PacC & O ' | Third Avenu | Thompson(3.60) Timken (15) . Tobac Prod (7). Tob Prod A (7). Transcont Ofl. .. Underwood (4}.. { Un Bag & Paper. Un Carbide (5).. Un Pacific (10). Un Pacific p£(4). Un Tank Car(5). ! Uta Alloy (2)... Utd Cigar S(c2). Uta Drug (8)... | UsCIP&F(10) | U S Distributing US Hoffmn 3% . U S Ind Alcohot. U S Realty (4) U S Rubber..... 1% m 115 % 53% 55 89% 158% 804 92% 3¢ 105% 1614 ! U 8 Steel pf (7). U S Tob pf (7).. Uni Pic 1st pf(8) Universal Pipe.. | Univ Plpe pf (7) | Utah Copper (5) | Utl P& Lt A (02) | vanadium (3) Vick Chemical Vivadou (3). Wabash........ Wabash pf A(§) Waldorf (1%).. | Ward Baking B. ward Bak pf (7) Warner Bros. ... West Maryland. West Pacific. ... West Pac pf (8). | Westinghse (4). Weston Elec. ... Weston A (2)... Wheel & L Erle. | White Mot (4).. Eagle (3) -Overland Witlys 0d pf(7). Wiison & Co new Wiison pf new. . Woo.wthFW (15 i Worthn Pump. . | Wright Aere (1) Wrig Wm (t4).. vale&Town(15). Yel Tra C (i2¢) Yel Tr&C pf(7). Loungsiown (&) Whi Dividend rates as given in the adove tavie et Stkriarly ‘of el Fearly deciaraniony Q—m :79“‘ oo Boted. exira or Tedyan: *Partly stock. X tra. i common-stock. {Plue 4% In" atotk pavie Fle V% ouarterly” 1hlun s % tn Wbl UG T 'year—no regular rate.. bPBius 10% in ommon stock - pavable 215 % o A "R R 71 atock o Bayable when sarned. | ftock 11 I it ambi Plun 2 G HT AR T AR i sbes a 30 ok, THiG iR a soa” 7 | Cuba 6% | Assoclated Ol 6 | Bell Tel Pa 58 C. ' Beth Steel pm Bs. | Loulsv G & E 61 52 Adl Younzsta S & T 0s. % 107% 107%107% 101% 101% 86% 4% 104% Canaca 58 1952 105 Canads §%s 192 Chile 7s . CFhile 85 1941. Chile 85 1948 Chinese Gov Ry §: Con Pow Japan 7 Copenhagen 5% Czecho 7%s ret: Czecho 85 1951. Czecho 88 1962 et East 16s47. Dutch East I 68 63. Finland s £ 6 45... Finland Ts French 7 French 7%s French 8s. German EI P ¢ German 7s Gar Agr Bank 7 Ger Gen Blec 7. Greek Ts... Holland Amer 63 Hungary 7%s ency in high-grade issues, this part | Marseille€s....... Mexico 4% 10 asntd. Montevidio 7s Norway 6% Norway 6a 1943 Poland 6s 40. Poland Ss.. Queensland 7s. ... Rhinelbe Un 7s.. .. Rio de Jan ¥s 1948. Rio de Jan 8s 4’ Rio Gr Do 8ul8a... Sao Paulo $51936. . Sao Paulo 196 Saxon (PW) s Seine 78 42... Serbs Crot Slo $s. Swiss 5343 19 Swiss Confed 8x. .. Toho Elec Power s Toklo 5s. .. Utd Kingm & g Utd Kinzm 5% 37 | Uruguay 8 MISCELLANEOUS. Ajax Rubber 8s.... 1 108% 103's Am Agri Chem T3%s ¢ AmBmit& R 1st 55 3 Am Smit & R 6 . AmT&Tcltr4s.. 6 Am T & T deb5l4s. Am Water Wks 6. Am Writing Pap Anaconda 1st | Anaconda cv ab Ta. Andes Cop 7s rots. . Armour&Co 438 rf Armour Del 54s. .. Atlantic Kefin 63 Barnsdall Bell Tel Pa s B Beth Steel . Brier H St 1st6%s Bklyn Ed gen 6 Bush T.Bldg 6s 60. Calif Pete 6% DokainBaunake ona Chile Copper s Commonwlth P Con Coal M4 1st ConGasN Y §%s.. ~3% Est Cuba Sug 7% Empire G & F7%s. Goodrich un’ Humble O & R 5% Tilinots Bell 1t 6 L T~ =01 oL - P Int Paper 6s. . Mt T&TEHS..... Kelly-Spring 8s.... Liggett & Myers 58 Lorillara (P) bs. Manati Sugar sf 7% 40 0 ~Ba®e - wB Nor States Pow §s. Nor States Pow és. Pac Gas & El §n Pac T& T 5s 52 Fan-Amer Pete 6 | Pan-Amer Pete 7s. Peoples Gas 5n Bhila Co 6%s3N. .. Mmoo Sinclair O11 6% Sinclair Ol 71 3in Crude Oil 6 Sin Pipe Line i Skelly Oli 634 Southwes: Pell &s. ‘Tenn E'ec Pow & Toledo Edn 1st 7 US Rub 1st rf bs | US Rub 7%3 Vertientes Bug i ‘Warner Sug 7s ¢1. ‘estingh Willys Ov 643 33. Wilson & Co 18t 6s. 102'4 984 98's 10474 10¢a 101% 1C0% 10%% 108 103% 103% 105% 106% 89 99% 9% 6% 102% 9l1e 100% 108% 684 38 106% . 114% 108 § o L e PRGN ¥ | Readthx gen ¢ 10¢ 1% 1164 81 02 Canzda South s Canad North 6% Canad North Canad Pac deb 4 Cent of Ga 65 . Central Pacific 4 1 91 100% 8% 95l 151 o o SuBloniun-Sanonlaru-s Co-nnwtonamna Ches & cv 5. . Chi & Alton 8%s... ChiB& Qgn 4s 53, CB&Q-lldlv4s Chi&Elgnbs.... Chl Great West 4s. CM & Puget S 4s. . CM&StP4s25... CM&StPis25ctr CM&SPcv4 % s32efs 2 CM&StPr 438 cf14 CM&StFevés CM&SP cv bscfa 14 Ch1 & NW gn 3138, Chi & NW gen 4s.. Ch1 & NW 7s. Chi Rys § ChiRT&Prf4s ChiTH&SE 58 Chl & W Ind cn 5. C&WI5yse2. CCC&StLSs..... CCC&StLrf6sA. Clev Term fa. Ca& S ist4s 20 Cuba R R bs Cuba NR . De! & Hud 1strr 4s Del & Hud v 58 36 Del & Hud 5%s. Den & R1o G cn 4s. 1) Rio G West 6a. Det United 434s. Erfe 1st cons 4 Erle gen 4z Erle conv Erle conv 4s B. ErieconvasD.... Erle Genessee R §5. Fla ECHsT4.. ... Gt Nor 4143576 D.. Great North bs. . Great North 5%4s.. Gr North gen 7Ts. Green B & W db B. Havana ERL&P 50. Hocking Val 4%s. . Hud & Man ref b Hud & Man aj 5 111 Central ref 4s 111 Central 5%s, T11-C-C StL&ENO 5s. Int Rap Tran 6a... Int Rap Tr bs stpd. Int Rap Tran 6s. nt Rap Tran 7s. .. Int & G Nor ad ¢ Int RysC A 5a 7 Kan City 8 6. e o 3 a=Sa 1044 90 Lake Shore 43 31. Lehigh Valcn 4s. . Louts & N uni 45 T.& N 4%8 2003, Louls & Nash 7s Man Ry 2d 45 2013, MIIEI Ry & L 5n.. M St P & SSM cn 5s MStPRSSMGs38xtd M St P& SSM bls. MK &T 1stds MK&T4sB.... 8 K & T ad] 58. Mo Pacific gen 4s. . Mo Pac 68 49 D. Mo Pac 6s 56 B. ... Mont Trm ref 5= 41 New Or erm 4x N O Tex & M in 6n NOTex&M6sB NOT&MEY N Y Cengen 33 N Y Cent 4a 98 N Y Cent deb 4a... NYCentrifs . ¥ Cent deb 6s. .. NYC & StL db 4 NYChI&AStL 514 NYChI&StL 6% New Havd 4s New Havancd és NY Ont W 1at 4 N Y Rys 6= 65 N Y State Ry 4% Nor & S gen 55 54 Northern Pac 4s. Northern Pacr 1 63 Ore & Calif 1st 6 Ore Short L rfs 4s Ore Wash st rf 4s. Pernsvi gon 41 Permsyl gen 5s. Pennsyl 5% 64. . Pennsyi 64 Pennsyl gold Ts. .. Peords & F inc 4x. PCC&StL5s BT RIATK & L 4% StL (M&S 4s29.. St L 1M&S R&G 4 StLERFOI48A StP & KOBhL 434 San A & Ann P 4 Seab A Lad)bs.... Sou Pac 439 Sou Pacifictelt 4 Sou Facincwer 4 Southern Ry gen 4s Sou Ry eon a- 9. Sou Ry 63 66l Southern Ry'@% s Third Ave refl ¢ Third Ave adj Ss. Tol Tr L&P 5y4s 30 Union Pac 1atids. . Unlon Pac € 4s Union Pac4s 2Y.... Virginia Ry 1a86: Wabash 18t ba ... Wabash 538 7 West Maryland Western Pacificts. SHORTJ‘EM} (Quotations furnisied 4 63% 65% 99% 3% SECURITIES. by Redmond & Co.! —Noon (Quoted by Alex. Brown & Sona | Bove—Maturns R C. a1 7 19: 87« 1936 e 1031 ; bar Weatarn Uninn Westinghouse F.&M FEDERAL LAND BANIT BONDS. Closing | m?m-zf A % rallies % | rots. 100, 3.00a5.00; celer: S | watermelons, 4 | bushe 1| timothy nws | | vest ' Northwest, as a bullish factor. joff to % up, wheat slight general sag and then scored Corn and oats were eal ! with provisions firm, corn starting iunchanged to 13 down and subse- | quently receding a fraction all around. Significance was attached in some quarters to the fact that much of the | wheat selling today came from the same interests that have been on {the bear side of the market for the last three davs. In this connection a good deal of notice was taken of statements that although this vear may prove to be one of the big United Stateg export vears in wheat. lactive competition is ahead for the world's markets, and with foreign finances conducive to economy an unhurried but gradual decline appears not unlikely. On the other hand. Liverpool wheat quotations today wer due. According to advices current here from abroad, no pressure to <l wheat at Liverpol is apparent. and it was asserted that the future course of the Liverpool market for at least the time being is dependent on advices from America. WHEAT— Hy September Decombe: counted somewhat September December TARD— September October Special Dispateh to The Star. BALTIMORE. August 15.—Pota- toes. barrel, 1.00a4.00: bushel. 5 sweet polatoes, barrel, 1.50a bushel, 1.25a2.50: vams, barrel, 4.50: 5.00; heans, bushel, 75a1.25: beets, 100. 1.50a.00; cabbage, 100, 2.00a4.00: car- . crate, 1.50: 3.50: corn. dozen. 10a1p: cucumbers basket. 25a40: eggplants. basket, Sia 1.00: lettuce, box. h0a1.23: lima bea bushel, 30a%.00: onions, bushel. 60a peas, ~ bushel, 1.00a1.50; peppers, hasket, : squash, basket, 25a40: tomatoes, basiet, packing stock, bushel, 50a60; apples. barrel, 1.50a.50: bushel, 40a1.50; blackberrie: quart, 10a12: crabapples, basket cantaloupes, hasket, 25a 1.00; honevdews, crate, 1.23a2.00; plums, basket, : peaches, bushel, 150a2.00; huckleberries, quart, 17a15: 5.00230.00: culls, $.00a10.00. Grain and Hay Prices. Wheat—No. 2 red Winter, domestic, spot, 1.3915: No. 2 red Winter, gar- licky, spot, 1.32. Sales—Bag lots of nearby at a range of 1.10 to 1.26. on grades—No. 2 red Winte 1.31%: No. 3, 1.2833; No. ) —Domestic, vellow, 90, nominal; No. 2, spot, export, 81: No. 3, spot, export, 79. Sales—Bag lot of white, delivered, 90. Oats—No. 2, old, 5133252 per bushel; No. 3, old, 50a50%. R earby, new, 80al1.00 per No. 2, export, spot, no quo- tations, Hay—There is a fair inquiry for the better grades of timothy, light clover mixed and No. 1 clover hay, and new {hay that arrives heated or sour has no definite market value. Quotations. per ton. today —No. .00a26.50; No. 3 timoth . 2 light clover mixed, 1 clover mixed, 24.00a clover, 20.00a21.00. . 1 wheat, 12.50a13.00; 14.00215.00. Dariy Products. poultry — Spring pound, 25a; ghorns, hens, Leghorns, 20a22: old roosters, 9; ducks, 24a26; small and old ducks, 15a20: guinea fowl, each, 60a75: pigeons, pair, 20a35. Fggs—Recelpts, 544 cases: native Live chickens, 41and nearby firsts in free cases, dozen, offered at Butter—Good pound, 40a43: 42a44; ladles, store packed. 24a26; process 10 fancy creamery, prints, 43a45: block, 32a34: rolls, 24a26 2415a25: dairy prints, butter, 35a36. PRINCE IS CONDUCTOR. Joachim Albrecht, Kaiser's Cousin. Is Musioal Prodigy. 2 Austria, August ce Joachim Albrecht of Prussia. cousin of the ex.Kaiser and generally considered the musical prodigy of the Hohenzollerns, has been conducting a series of charitable orchestral concerts at this well { known resori. His favorite instru i ment is the 'cello | His programs, which are largely i devoled tn symphonies. also comprise several of his own compositions, fore- most among which are. a ‘‘Rhapsod- ica! Fantasy.” a “Raskolnikow Fan. tasy.” a symphony entitled ‘“‘From Night Till Morning” and a musical poem ‘““The Drowned,” based on the poem of Pushkin. | i 1Quotations furnished by W.B. Hibbs & Co./ Nominal Selling checks [ £oid vaine. Tesihy {London. pound. . “°S4A665 3456 [!lonlre-l. dollar. . 1.00 . Parie. franc. .. { Bruasels. | Berlin. " mar Eome Zurich. (' Athens. drachma Madrid. ‘eseta 3333=8a% Rt eRE ‘:b;—:‘_ S 232323 ferish TREASUKY CERTIFICATES. ‘Quotations furnished by Redmond & Co.) st 197 %10 CALL MONEY FIRM. NEW VORK. August 18 (#).—Call money firm: all loa. 412: closing bid 41;. Time loans firm: mixed collat eral. 60-90 days, 4!;a4%. 4.6 months, 4%a5. Prime mercantile paper, 4'5. - Pastor Refuses Raise. During his pastorate of only five months, Rev. J. Earle Edwards, pas- tor of the Queens Baptist Church in Queens Village, Long Island, increased his church membership from 89 to 752, and when the church offered to increase his sulary $500 he refused it. g ’ Opening at % | underwent a | held firm on the list. Cypital Tract sold on a rising market, the last blac of 10 shares going at 1! Mergenthaler was strwng at 1047 and 10 shares of Lanstbn Monotvpe sold at 95. Peoples Driig Store pre ferred was higher. 10 sh res turning over at 105. There were \no transac tions in Londs. Stanley Co. Expaiids. The Stanley Co. of Ame.gica. which owns and operates 13 theaiWrs in ihis city, announced today frons iis Phil adelphia headquarters plan¥ for the acquisition of three more yrominen motion picture theater chai ¥s in the East. This will give the com_ jany con wol of 1i% modern motion: pietirs theaters. and. according to yhe al nouncement, will make it “the! organization of its kind in th and one of the most prominenf In 1h: country Approximately 250000 sha ves stock will be issued to acquiwe the three additional chains. known 3s the Mark-Strand chain in New Yor \. the Fabian chain in New Jersey and the Rowland-Clark properties a1 wund Pittsburgh. This action was appi ©1 e by stockholders recently at a sy ecia meeting. The new subsidiaries are fto - e known as the Stanly-Mark-Strand « ' poration of New York. the Stanie Fablan Corporation of New Jlerey: and the Stanlev-Rowland-Clark ¢ poration of Pittsburgh. Crandal’ Heads f.ocal Unit The Stanley-Crandall Co. of Wa ington. which is the local unit of ih Stanley Co. of America, is un management of Harry M. Crands i vice president and director seneral of {the unit. The president of the local unit is Jufs Mastbaum of Philadel phia. who heads the Stanley 0. of America. The Washington theaiers o {the Stanley-Crandall _Co. include Earle, Metropolitan, Tivoli. Ambas sador, Central, Savoy. Avenue Grand Apollo, York. Colony. Home, Chevs Chase and Lincoln. Rapid progress is preparation of » clas Washington Chapter. American Insti | nking, at their new head quarters. 1318 K street. where the e terprising members will have much more commodious and suitable quarters for their enlarged activities of the coming season Three vooms will he available shortly for opening of the courses in banking and allied subjects arranged by the educational committee. and will provide much more opportunity i for carryving on the work of the chap | In the fornier location there wers only one large and one very small room. T. Hunton Leith, president of the chapter, is conferring daily with committees in shaping up the program for the coming vear., and expects 1o have more announcements of new activities ready shortly Cotton Seed Repo Cotton seed crushed during the cotion v which ended Julv 3 203 . compared with us vear, and cotton hand at mills July 31 totaled tons, compared with L ago, the Census Bureau today an nounced. The American Petroleum Institute estimates that the daily average gross crude ofl productfon in the United States for th August 14 was 2.162 compared with 2,141 the precec 20.800 harre the being made rooms for of incompleta cuy for the week ended Auguci 14, the National Coal Assoclation esti mates the output of bituminous coal for that week at approximately 10 500,000 net tons. This represenis complete recovery from ed production of 10,140.00 tons reported by the Geological Sun - vev for the week ended Augusi The new issue of $5,000.000 Hava Electric Railway Co. 6 per cent cumulative preferred has been goli by a syvndicate headed by Spever & Co. This follows sale last week of $5.500,000 5% per cent gold debe tures. The financing is in connee- tion with the segregation of the street railways from the light and power of the Havana Light and Power i Personal Mention. Frank Rice. assistant eashier of ithe Lincoln National Bank. has lefi for a vacation motor tour of Virginis vesorts, and will later go 10 New York Cit M. D. Rosenberg. president of the Bank of Commerce and Savings. and Louis Bush, a director of the inatitu tion, are leaving today for vacation at Atlantic City. Jacob Scharf, vice president of the Second National Bank. is on vacation at his farm near Washingion 8. R. Bauldir, cashier of the Security Savings and Commercial Bank. i< away on a vacation motor trip ‘CKICAGO LIVE STOCK MARKET CHICAGO, August 1% (United States | Department of Agriculture). -Hogs Receipts, 11,000 head: mostiy 10 10 15 | higher: packing sows 15 to 25 up; plz« very uneven: demand considerahly improved over Tuesday: values most i\ 50 under Monday's average: few de sirable strong weight slaughter pi 12.25212.76; cholce kind held upward to 13.25; top, 13.65, pald for 170 to 190 pound averages; choice 200 pound upward to 13.65: bulk, to 280 pound butchers, 12.15a12.75: most 240 10 325 pound weight 11.60a12.25; bulk hetter grades of packing sows. | | light Wght, 12.6521350. packing sows. | %:90a11.00: slaughter* pigs, 11.75a13.00 Cattle — Receipts, * 15,000 gencral trade of heavy steers very siow; ahout steady with week's extreme decline spots 10 10 15 lower on in-hetwean grade kind: few yvearlings steady, more range grassers offers. prime long yearlings, 10.65: medium welgh! 10.25; heavies, 9.90; she atock weak to lower: bulls around steady: choice vealers to outsiders unchanged, others 25 to 50 lower: mostly 13.00a 14.00. . Sheep—Receipts. 17000; slow; bet- ter grades of fat lambs fully steady: in-between grades barely steady to weak; early sales of Idaho lambs, 14.25; several lots held above that price; top nativ 14.35 to city | butchers: early bulk to packers, 13.75a | 14.00; culls steady at 4.00a9.50; sheep | steady to weak: early sales of fat | awes, 5.506.50: indications of feed | ing lambs strong to higher: Tuesday's top on feeder lambs. 14.15 for 58- pound; bulk. 13.50a14.50 for 60 to 68 pound kind; 69 to 75 pound kind down- ward to 13.75. POTATO MARKETS\STRONG. CHICAGO, August 13 (#).—Pota- toes—receipts, 48 cars; on track, 176. Total United States nts, 4. cars; trading good, strong; Cobmiers, Toad.4b; Minnessta sacled, Cobblers, 2. e oac early Ohios,