Evening Star Newspaper, September 18, 1926, Page 14

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e . THE EVENING STAR, WASHINGTON, D. C. S.\Ti’RD.\Y. SEPTEMBF,R 18, 1926. ~. FINANCIAL. NEW YCORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office TREND 15 UPWARD IN'STOCK MARKET Ajax Rubber. Prices Turn About Sharply. ¥ 6% 139 C. & 0. and General Motors | Anieace st b 130~ 120 - e T Amal Leather 18% 18% 3% 3% BANK CLEARINGS TAKE SLUMP: [w v BONDS ok rxcmaver] éflflNDS IRREGU[ RICI{MOND IS OFF 15 4 pER CENT - Received by Private Wire Pirect to The Star Office. NG e | s s IN TR ADING "]l] fi n COC&StL4%s... 1 98% 98% 934 s 5is |C&Sistdss 3 99 99 9 i i () ( : 1t1 I l ] ) —l ) | los i W Close. ther ltles ave C€CECASES rop for Lib8y% Slfl: ln‘!; I‘:n' 100 13 100 13 Colo & Sou 4% 1 96 96 | | Lib1st4%s 14 10126 101 ZE 101 26 Cuba R R 6s. Country 15 492 Per Cent—Trade Con_ Lib2d 4%s. 172 100 19 10017 100 1y ;"ubuRR7% 109 109 109 1 1 . " Tib3d4%e. 210 1018 1012 el s ke 16 to-ite rarcaiec| HECOVErY - inProgress, Wit Lib 4th4is 51 1027 1024 1024 | Del & Hud 5%s 1 103' 1087 1037 1 & Low. Close. e 119 Jewel Tea. . 15 15 Jones& Lau (1) 5% CP& L1st () « ' Kan City Soutn. yeerJ (3).... 40% Jeily-Spring. Adams Exp (6). Adv. Rumley. . Ad Rumiey pf(3) Ahuma 96 96 96 clxtlons Reported Improvmg B R R e P 90 90 9 | Numerous Exceptions—U.S 1 Rio G West §s 0% T0% | US4%sB2. 1610715 10717 10718 | orie gend T TN | Obligations Sag | | Erle conv 4s A % 76 Amerada (1.60). 2 I i Are the Leaders. [AmAericnpr. 5o B Uimnee e - % S BY EDWARD C. STONE. templated or now in the course of con- | FORE G, Low. Close. | EFle conv 4s B. > 5% TE r : AmBank N. 1 £ 4 4 P . 81y 824 e | Am Beet Sugar.. 23 23 | Lekizh Val(3%) 87% 88% | Richmond reported a decline in mf,"fz'.mkem president of the Atlan- | ATEeDtine 6a Jugs. "y axia 984 v;n‘ fi::::g:"’ bt “g Bt 104 | BY GEORGE T. HUGHES. BY STUART P. WEST. | Am Beet Suz pf. 63 63 | Leh&ink stf(3) 864 36% | bank clearings of 15.4 per cent dur-| 4 "Coast Line Railroad, expects Au-| ATEentine §s.0cts5? 3 98l 98 884 v CRIL Gl (0 3 98t 98, | g S €perial Dispatch to The Star AmBosch...... 20% 21% Life Sav (1.60).. 21% 214% | ing the past week, as did Baltimore | oot and September earnings will be Argentine 7s 4 100% 100% 100% | | @r Trunk st dt 68 3107 107 107 pecial Dispat h he Star. | Am Brake Sh(6) 136 136 Lig& M B (14).. 90% 91% ! and many other cities in the United | gomewhat below last vear. The fall. | Australian 17 98% = 101% 101% NEW YORK, September 18.—Irre | Great North s | Gr North gen 7 | Green B & W db B. Hud & Man ref 5 Austria 7s. . 3102 Bank of Chile 6%s 10 96% Relzium 6s. .20 87 NEW YORK. September 18.—Prices 5 ) tiined about sharply in the two-hour | Am BrRov BI(2) 45 454 on today. he recovery was large ’ AmCan (2). | Liquid Carbonic. 47 | Loew's Inc (2).. 42 Lorillard (§2)... 81 1134 113 | Hlar recovery characterized dealin 21 | In the bond market at the close of t G4 *96% | Week. There were numerous exce 47 |States. Clearings in the leading ing off is due to the absence of the a2 [ cities amounted to $8.041,968.000. a | Florida boom, which was thriving at 31 [loss of 4.2 per cent, compared with time a year ago. Howeve h-"\ | Am Car&Fay (8 sympathetic with the great strength il 5L “H e e o merous few 1 Ahal st otably | Am Chain A (2). g Hste. <. 5% '#| the same period a year ago. only .,“,w. the full yea earnings will | g 111 Central 5%s. 16214 1024 | tions. both in the foreign and dome S s e T [AmDroz. ... Lou&Nash (16%4) 136% 1894 | Boston, Pittsburgh and some of the f run about the same as in 1925, uie | BSTaT o TS Rt T | e list, bu I the market I g Am Express (). Mack Trucks (8) 109% 107 | Western cities showed gains. One : s | Eaehmi s Hees | Int Rap Tr 58 stpd. T il ; than vesteids rhe T 1% was | Am & For Pow. reason assigned for the week's de- O Csnditions in Florida are normal.| Zolivia 8a 314 74 | Trading started in rather bris The fact that-vesterday’'s selling was | Macy HR & Co.. 118% 119 : 7 | Bordeaux 6 88te Int Rup Tran @s. .. 161E 6fF sharply Iater at followed ,up was dwelt upon as | Am Hide & Lea. Magma Cop (3). 39% 391, | cline is the fact that there was eX- | There is a good deal of business going | aux ! HERA TS 1o 5% off sharply late . Droof AHat 7o seribiis Motitation was| AT 1S (#A0). . < 1 Man K1 80p (5).. 80% g1y | ceptional activity In September, 1925, | on and people are really paying more G e taxe 194 | , French issues were relatively ¢ in progress, that some stocks m Am Internati. .. Man Bl m & (d5) 50% 51 |when payments through the banks|attention to business than they did| 6 104% Tt REaC A fs T4 77 .“:;:y\m“\‘ e fore “mx;w rene Am La Fr (1) vear. Outlook for a heavy citris| anaaa 5s1931.. | | | fowa Cent rf 4s. | | o | surpassed any vi records. The 2 e for sale on the way up, but that Manila Elec (2). 44% 44 | surpassed any previous records. o 1 2 102 19 5 3 v e mal St e o way | Am Linseed. ... 9 A FIARATON! “;. 5674 * | most severe decline for the week was | fruit_ crop is bright. I expect tourist| ~ina¢q 51952, 1047% nClty Ft < 48 oty | Year's h|' h and we i | Am Locomot (2) 1041 107% Martin-Pary(2). 19 19 |ir Atlanta, which reported over 37 | travel to Florida this Winter to be | ranads s 1929 102% = gaw | from the low of ¥ | Am Metals (4).. 50 50 5y the Georgia city missing|as heavy as last vear. | mm\ was called to the fact that pt 123y | per cent y . aag | the very great activity taking place ¥ i i | e ) 15 |10 the Florida boom. ‘The hoard of directors of the Farm- ~on Pow Japan 7s. 31% | The Department of Commerce, fers and Mechanics’ National Bank' Copenhagen 5% 87% [however, reports that trade condi-|have declared the regular quarterly | Cuba 5%s. .. 42 [tions over the country showed con- [dividend of $3 a share, payable OC-| (zeche 7% s rets... 6 101% 927, | siderable improvement over the sec- { tober 1. to stockholders of recor Czecho 851951..... 1 103% 77% [ond week in September last i the close of business September Czecho 8s 1952 ct.. 6 103 62% | The statement is based on the dollar | The comparison of the number of 3 Denmark 6s. . 3 104% Al failures this week with : Ged 1> thara ™ Dutch Fast 165 4. 11 105% vear ago is favorable, a | Dutch Bast 1 ea gl 1L fo Chile 75 1943 Kan City Term ds. Lake Shore 4s 28 T.ake Shore 4s 31 Louts & N 5s B Market St 7« 40. | V11 Bl Ry & L 6s M St P & SSM on 48 MK&T4sB... MK & T adf 5s. ... MK&TprinssA MK&T6sC...... Mo Pacific gen 4s.. As has been the rase right aling| 5 for the last two months, whenever the ; AT Po&Lt ‘gl). 6814 €84 yiarket has heen shaky, confidence | Am Radiator (4) 115 115 18 been restored by a renewal of buy- | Am Safety R (3) 61z G114 ing in the railway stocks. The latest|Am Snuff (12).. 129% 1245 port about Chesapeake and Ohio wax | Am St Fdys (3). 43% 44 at in_order to satisfy the minority ' Am Sugar (5) ockholders there would be a guavan- | Am Sumatra.... ed dividend, and in consequence of | Am Tel& Tel(9) 1 story Chesapeake and Ohio shot up | Am Tabacco (8). 1234 “iolently. There was very little for | \m Tobac B (8). 1221 12! sale, sidering the magnitude of the , Am Typ Fdrs(8) 118% 118% Am Type pf (7). 104% 104% 104'x May Dept St (5). 123% Maytag Co (2).. 23% Mexican Seabd.. 104 Mtami Cop (1).. 15 Mid-Continent.. 31% Mis Kan & Tex. . Missourt Paclfic. Missourt Pac nf. Vontana Pow (5) | Montzom Ward. | Mothr Lode(75e) | Motor Met(3.60) 8l a are eliiing ler than is gener of the & 97% | from the the firs Lelaune © k ipped he @ the volume of trade, distribution of mer- | commerc chandise measured by car loadings, | those of the domest local tra ment & vise. This observation suited the Wal 0 Motor Whi (2).. new building contracts, output of | total of 327 being reported to It : FSfitpatici Rk Street view that the bulk of the stock | Am Wa Woc1.20 58t 68% ZK?‘ Murray Body. .. coal, coke, petroleum and loans | Dun & Co This compares with 358 .inland7s.. Mo Pac 53 1965.... 5 * »;"' Linphitou st i= held where it will not come out, and | A™ Woolen..... 30k 80% 30 made by the Federal Reserve mem. |defaults during the corresponding MoPac6s49D.... & o iu b Mont Trm ref 58 41 971 | @ point and hat the dealing in a com- | Am Wool pf (7). 82% 82% f:;' | Nash Mot (13).. ber banks. period of 19 and each geographic: BAeli. Thtarboro bonas were raratively small remnant. | Anaconda (3).. ~ 49% 49% 5 | Nat Aeme (sta). : caine Misn o, Mush section, except the Pacific ( Nassan E Ry 4s 57 58% ! fected & sieithe » vailwav shares picked up in| ArmenrDel pf(7 A Nar Riscult 1414 nsurance Men fo Meet. shows . decrease. fuenicnan NOT&MBY g 105 | ticeal rook wake of Chesapeake. Atchison, | Atmourof HII(A) 16% [ \ar Cash Reee3y N. E. Eilsworth, superintendent of | Joshua Evans, jr. ex rman FI P 6%s. NV Cen gep 21 /0 heay j i Tacific, Ealtimbre and Ohie, | Armons of IN(B) 10 Nat Clozk & Sult ts of the Acacia Mutual Life As- president of the Distr N ¥ Contdeh 4 T oils were 1 Bock 1sland, New York Central, South: | Arnold Con (1) 24, [ sociation of this city, will preside over | Bank, reviewed the splendid work donie Nvcoat it Sthelats Pipe 1 Raitway. lilinois Central and frie | 4% Drv G2 3 A i regional conference of branch man-| by the Washington Better Business C Y e oy Ar preforred were all up a point tn ASSODG 1st(6). 99% 99% 9% Nat Enamel & < 1zers and agents of Ahe Middle Atlan- | Bu n address hefore the Rich Ny I e poin and in some instances | A'ehison (7) 1 | Nat Pw&T.t(80c) tie Stat 1t Pliiladelphia slond: mond Advertising Ciub last evening Non Has debAs 56 prec foho dR ra SN Clined ) = | Nat Supply (%) it was ounced at headquarte He also declared that truthful adver. Varseiile 6s. i Nimtasinod The story has heen aronnd for some ' Atlantic Reflng. {11 : % | Nevada Cop (1), | the Masonic Insurance Co. today. i xd dons more to hetter liv Mevieo 45 04 asntd. 10 29% \ Y Ry 65 65. .. Rethlehem Steel common | Auto Knitter... o, J g | N Y Air Br (3) Superintendent Mlsworth will re nds in the United States and bri \iontevidlo 7 1 100% e 65 A6 ¥ Canners C2.. Netheriands 6% 54. 14 104 “resmme dividend [ hig s = ‘\;(“ the progress of the association | comfort and pss into hoim V' . 8t Tty 4 o was st hy this report today 10| Paldwin L (T 118 Nmosma. 10 urge rencwed efforts to make the | than any smgle factor in modern Netheriands 65 72. N T WE B iR &l £oil Bethlenen: Steel shares up {rom | gir o g hvia). . NYCRSIL pt (6) half of 1926 as successful as the | husiness. Dl et Northern Pac 3s ... 4 e tndependtnt winc whbes wers | SHRSIBIA (). ¥ \N'Y NH & Hart. first six months. Acacla sales dur-| pergonal and Other Jottings. Norway 65 1944. Northern Pac 43 Sy | ot the I,;“"»,.\ have no A “ther independent steel shares were | pATASGAN 8 G- 2, L 2¥ B et wt, ing the first six months were at rec- | Pt il Lol Lo Northern Pacr 1 63 111y | move for discou . strong. such as Youngstown Sheet|p.uiicigar .. 45% Norfk & Wn (18) 160 162 |ord-breaking levels, while in_ July| Howard Moran, president of the Driented aot X Ora Short L rfs 4s. WD A% far af e DY obe Bopubiic Sronanaisied andl SEinielnsbee). 110% orth A (B3.40). 63 3% | they reached the figure of $4,154,400. | Distriet of Columbia Bankers' A-s | DAris £ Ore Short Ircn Es.. to ""1'...‘3 st ble, while ['nited States Steel ammon g; shington tomor- | 51 Recent additions to the official staff | sociation. leaves V n convention. | 98% | of the assoclation include Dr. D. M.|row for the Los Angel Bethlehem Steel. 47% ned over a point. Ameri- | gt )% 1035 OrthBm pE(8). bl Pennsyl zen 4143.. “| NthAm Ed pf(7) 957 3 Pennsyl gen 53 e Eniel une back easily, and | gooth Fisheries. 6 orth Pac.(5)... 19 79% | Shewbrooks, associate medical direc. | H® plans to go by rail over one of the Pennsy! 55 64. he ‘copper shures were higher, Ten- |iprippysire (3).. 30% Norwalk (80¢).. 6 6 L , advertising mana- | best scenic routes. but will make the | :’“]mda{'v.s Penusyl 6% s lO LEARY ASKS I.ESS VI»(rr; « y\!|w) celling at its hest fig- I BKIn-Mn Tr (4). 63 . Shewhrooks wis formerly | Teturns trips by w of the l-,mumni TARNS Eam | Pennsyl gold 7s. e for the movement BKIn UnG(t11). 91 O 15 15% | W 6 ) g ~o. | Canal. | Riinelbe 7s | Pere Marq 1st 53 Gieneral Motors sold at the highest | grunswick Balk. 37% OmHes (his0s, 42 42 \|'|'h|\1,ry‘: 1L“|"1<la':-xl\‘\?:v:":ul:;c;\:: Boston reports: that executors un- |iSno Paulois 1936 Fort R L& L Bs 43 TRADE REGULATIO“ der its present form of capitaliza- | grunswick Tar.. 14 14 | Ouyx Hos pt(7). 160 100 |° ah s e “|der the will of the late John W.|Saxon (PW) Ts.. | Por RL&P T14s 46. tion. The selling pressure against| purns Br B (2). 33 323 824 | OwensBat cre). 8Lk 85 Financial Horizon Clear. Weeks have filed with the Probate | Seine 7s42... 3 Jiudson Motor was relaxed. The best | guch Terminal.. 28 28 , 28 Moods's Weekly Review says fn|(‘ourta hond for $1,500,000, on the back | Serbs Crot Sio #s. . [ Readine eemeas:. lrices were made, as a rule, in the | gush Ter de (7). 92 93 $2% | Pactfic Gas (8).. 131% 1B1% e i 2 of which appears a notation to the | Solssons 6s. .. [ Rioa W teiet - | Paternalism of Government I & tading. | ButteCop (50¢). 4% 4% 4% Pae Ol Stubs. 144 151 ™0 good investment demand is | effect that the personal property of | Sweden 634s ct. RIArk& L4%s Butterick. 66 6 Packard (12.90). 36' 86 | nanifesting itself. Corporation bond | the estate is estimated at $1,200,000, | Swiss Confed 8s StL IM&S is29... Likely to Go Too Far, Business | Pan-Am (8) 66% 874 | prices have lately made a new high | With no real estate | 70no Elec Power 78 | SEuNaE Rec | Markets at a Glance | Calif Petrol(2).. 32 Pan-Am B ( 667 6T% A e gl id ¢ | Executive Vice President Albert S.| Utd Kingm 5%s 20. |StL&SFplésA. Body Head Says. : & | Callahan Zine... 1% Pan.AmWnB(2) 36 36 e e ey -oln Natiomal Bank | Utd Kingm 5%s 37 St &S F prinsa. ) 3 | c 4 steady public absorption of stock: 3ty of the incgln Tations =t = : F5%sD. { Canada Dry..... 44 Panhandle. ..... 16 ard | will return to his desk Monday after | Uruguay 8s....... StL&SF5%sD.. - 28| “Money rates are creeping upw NEW YORK (). Stocks strong: Sk Py SUL&SF edj 6s.. (e peakie B OLlo osts 12 roe e e s Falkh Dionns e 344 | Faster than is usual for this scason. |« three-week vacation passed on a MISCELLANEOUS. ok “A&%Fm’;_ ; to The Star merger term prospects. Hnnds'c:se-rhrprnf 108 ! Pathe Ex (c3).. 53% 53 | Commercial paper discounts have | motor trip through New J-,nn:!_.n.d. ?'n” Pk & Tt 180 IS T D e E, : hterben s regular, French issues resume ad-| Cent Leather pf. 57% Penick & Ford.. 19% 19 {lately risen ahove all auotations hack | the (rip he has vis ARGy O :1:“,;' Cnem 7% s 7 104% 104'% 104% | M 1. S W con 4s 32 less Government regulatic nce. Forelg cheibss ateans S % & Sas|to April, 1924, This rise, unless it | Summer resorts g £ 1000 100% | S = 4 ; . el it Rirsan s TR o = , b " 105 does t look like much of a bea Inited States Savings Bank and of | S. ... 2 . o 5 pre of the Natlona go s it B IEREEORIR) e S lggh point: and, on the other hand. there | the Continental Trust Co., will leave | Am Sugar ref 6s... 2 103% 103% Chamber of o ?::::l:g:}: DA L;'lfa)ggzrcms[zs!)' 3’?:’ 45 |is a fair chance that it may do this “’asrxnmon on September “8 for the :m_'{_‘:'!g‘l :; ;: ¢ "‘;E? ‘gg,i vesterdiy bet ’ C ot s ! o S 7« | befor s Jov : | Los Angeles bankers' convention. | AmT &% 8 102% more As cl at West. 1014 Phillips Pet (3). 49 40 |inetors e ¢ of November - 4 o 3 7100 100% | WALL STREET BRIEFS C:: g:ewtute:t 28 Phoenix Hoslery 40 40 “There are many signs of stability, | E. H. Graham, assistant cashier of :n‘;:EZ::E%Q & 1051; 105 Southern Ry gen 4s | | Chi MII&StP pf 194 Pierce-Arrow. .. 267 275 but the market quite frequently | the Natlonal Bank of Washington, has | &% o0 5 .Gop FE0: Soo Ry conismasss.” 3 106% M ed, “is dua NEW YORK. September 18 (). —The | C M1 &St Petfs 11l | Plerce-Ar pf (8) 11 116% | changes its trend around the middle | heen confined to his home for several | Am Fater \Wks 53, 0 S e it : * national s \inerican Petroleum Institute caleu- | G MI&SUP pfofs 19% | Plerce Petrolm.. 2% 2% (of November. On the one hand, | days with illne: Anaconda 1st 8s... 11 Union Pac 1st 4s... 4 $4 e ot es gasoline consumption in the | Chi & Nwu (4).. 79% Pitts & W Va(8) 106 106 |there is no reliable mode of estimat- Paul B. Detwiler. head of the Insti et coand 8 Union Pac 4s 27. R 98 4 cons bt however trit seven months this year at 2,370, | Chi RT& Pac... 62% Postum (5). ... 105 106 104% 106 |ing the duration of this distributing | tute of Bankinz. will attend the local | Anaeorcs CrORL'S: o7 N s 2 husis con That 1= 17000 gallons, an increase of 330, | Chile Cop (214). 33% Prod & Refiners. 13% 18% 13% 18% | market, and, on the other, there | chapter’s enrollment night momm«"A""mur'&Co‘*!" 2 865 0% 90%| viceinia Ry tat be. 35 1615 101% 101-.3, catise e o ask 1361000 gallons over the same period | Christie B (1.20) 37% pubSer NJ (B). 94 95 94 95 |<coms to be nothing immediately [next Wednesday. lie was here last| ArmourfCo dWare 3 G (7 gyt Mreinis B 5 102% 102% 102% | of de . 25, or 16.2 per cent. July con-| Chrysier Corp(3) 34 Pullman Co (8). 12 195% 195 195% | threatening in sight year and is an excellent speaker. | Assoctatealom@as. 1 > st MAET AL 176 16 | ‘»‘»; Mr“‘ mption *guined 41,270,000 gallons | Chrysler ptA($). 1017 Pure OIl (). 6% 20% 26% K| \ prvestment Medium Found. Bank Women Arrange Dinner. | | Wisconsin Cent 4s. 1 834 83'4 83y hiteeTile S e e e e s o7 Radio Corpora. 47% 48% 47% 48%| A new medium for the investment| The women's committee of the local | FATRATRETIR SR - 0, ; 4 G good volume of bookings for | Collins&Alk pf 7. 117 {RSIICefs (). 75% 5% 75% 75% | of funds has heen developed on n large | chapter, American Institute of Bank. | gl Tel B8 T000-: - 2 Aedlican (hitk AENGE fourth quarter delivery of steel plates | o] Fuel & Iron.. 44 | Rav Cop (25¢).. 18 14 14~ 144l cale in this country during the past will have a dinner at the Women's | Beth S22} P2 £ nment had beer dep: 9215 98% | {wo years through the financing of Club next Tuesday evening, Lents ‘ Baltimore Markets ' 1= reported from the Pittsburgh dis. " 6% Reading (4). : h o 3 863, trict. Specifications against contracts S,';{"Gs;:“;’,;‘{’l 80% Reading ris. k 20% 20% | privately owned toll bridges, according *h the principal speakers will helg’:: ::::::i \dministrative and judle! e heavy. Col Carbon (4).. 61 | Reld TeeCr pf(T) 974 97% 97% 97% liop a survey just completed by A. C. Julius' N. Freeman. manager of | Beth STE8 Tk BALTIMORE, September 18 (Spe re now 34 governmenia s Remington Type 111 112 111 112 | pent. vice president of the invest:|the tourist bureau of the Merchants | Bklyn Ed ge C1 27% " " B . 1 el -Potatos any 30a24.50 00} 1 S Replogle Steel.. 10% 10 10% 10% | ment hanking firm of Peabody, Hough-|and Miners Transportation Co., Bal-| Bklyn Union Sie.. 1 cial).—Potatoes, barrel, 1.50a1.50; 1 € 10 ithee fiFke sl American Brown Roverl Electric | < 70 n H z 58 A o s v atoes. . Corporation and subsidiaries report | (oM SOV D (). 1705 RepTr& St (4. 58 b3 5% 50%leling & Co. Approximatels $23.000. | iimore, and Raymond B. Dickey’dean Bush T Bldg 55 60 pounds. 1.25a3.00; sweet potatoes, bar gt combined net income of $976,218 for | ConEOleum-N. .. ® | Reynotds Spngs. B 84 04 041|000 waseraised in the investment nar- | of the faculty. © President T g:,l:fl:;l: e tek 1552 00~ bushel: s0a1.10: yame, inoitiieal. 3ioash et aNaiee b 'Pqua;as{}::pp:\"C“""‘"C‘”” L o L s o | = oninie et R O haies e Chile Copper 6332. 1 barrel, 1.00a2.50; beans, bushel, 1.00a d affec »f‘. te Robt Rels 1stpf. 84% 8% 84% 84%| Anancing of new projects and it is|ernors of the chapter will be s sts. These bank women are show 1.25; beets, 100, 2.00a3.00; cabbage, 100, | 00; carrots. 100, 3.00a5.00: cel- i Ted e Con Cigars (7).. 18 he particlpating ck Unfilled € ders o < '*d | Consol Distribut 2 ocders on the books show a gain over | S3050) 5 86V 108 credits are to mee ommercial denands, 1 | Royal D 1a3.078) 50% 50% 60/ 50% ) cgtimated that privately owned toll Con conryg lssyl.:l ] S1L & SanFr (1) bridges representing an investment of v great interest in the chapter’s | Con Gas 3 = approximately $100.000.000 are con- ' educational work. | Consumers Pow 5s. 0oa A year ago. | anFr pf ery, ¢ 1.50a2.50; corn, dozen, 12a Consol Textlls. . StL-SanFr pf(7) Cuban Am Sug 85, Ty, crate; Roe > C ing A.. | thwest. e T | cucumbers, basket, . eggplants, normal readjustment and a 0“",‘: e ",,r i der ‘fi““}‘cflfli’é}'fiifizé Semate (10 s | g:{’&;flg‘é’m basket. 40a60; lettuce, hox. 5021.00° |are kept by Lcturers 1 E shipments and new business of | Sont Can (V8 -e‘fmoaz‘:(‘:;rfl‘o‘i COMMODITY NEWS DEM N OND OoAgeWlCe Leses § ‘vld‘\:an:::;;' ¥ Tf’-f'n'n"i'nm'w Pasket. [ “More than (hic. fhe frreen wond ard hardwood mills of ;‘nnléz::: }\;‘::’:s‘o;’-A o e o \VI]“ED STAR FROM DIN PLY 3“:"5":{,‘;;’: P 13a30: squash. basket, 40a60; tomatoes, resulting from economic comwpared with the preceding week, | Corn Prod(t2%) Seneca Copper) . | Duquesne Lizht 6 hasket, 50a75; packing . bush nts in. the post-war period ar Shattuck F G(2) 1.00a1.10. A fas = and business - | Coty Inc (4).... ENTIRE COUNTRY st Fst Cuba Sug 7% National Lumber Manafacturers IS 3 r busHet s t. 150 f : \ o | Cruetble Stl (5). Snell Un (1.40).. | 3 Apples.” bushel, et, 154 | going forward in more even ranks soclation reports. Unfllled orders of | PUSIa® oy °°) Stmmons (12.26) | .| EmplreG & F7%s. 12 107 erabapples, canta- | with_ less evidence of contrasting e et Caa | ianAm S () 2% | Simms Pet (1) z e ; | Baltimore Brokers Hear Plaint ggoarich 6%s. 2 loupes, basket, a1.00; | stagnation and undue expansion be 12,927 feet, against| C00m ks (7). 109% 109% 1081 108% | Sincialr O1l....0 SAN FRANCISCO, September 18.— . | Good year 85 1931.. 8 Honeydews, crate damsons, | tween industries and sectlons.” G e week before. CLaiPE). A @ s e \'““ysfi"fl‘f;i 2 California walnut growers are worried That Current Yield on Best | Goodyear 85 1941.. 1 Baakat l‘,.,._',,,l\a, . bushel, 1004 | Mr. 'L Salnted Bat AL cor o PESE. e airbanks Sloss Shel 5 over a vhi o remedy hey 5%8. 7 2.00: pears. hushel aZ poration income taxes p. 1 the Nt STMOSE, prediaent lof Be Lrbanics, i pavisonthen. . S0k 0 315 South Port S (6) AR R Issues Is Too Low. ‘:}’rsmzo‘én 5 e atons 16 fnokths sided Aoe B ek lurse & Co.. sees a satisfactory out. | Davison Chefm: 38 s Cal Bdison 31% 317 now is known, which has attacked “r‘mnmae" S 3 AT3; W 3 1 : d pril 3 ere 14 for business, e comp: e o g oy e & i 1 - 3 1ine v er cent larze; an n Py St s oo e pompany s | Det & Hud (9).. 176% 178 Sou Dalries A(4) 50% 507 | irees in several sections of the State. |l et raiew: 10 Dairy Products. HeHOQIard et ADEIE 10 1905 - e ¥ Viban in ine ”,;'r',‘,fl‘,‘,‘,‘,,f,',,,l‘_ Del L & Wn (17) 143 143 ou Dairles 2. .. 27% 28% | he harvest is expected to produce | Special Dispatch to The Star Int Paper 6s 47. 1 Live poultry—Spring chickens.dijoy of « industries has sho 0d of 1925, althoush the weekly | DR G Wet g e 168 107 | oniy about 20,000 tons, or half that of | BALTIMORE. September 15.—-Sup- | tnt Pa:?;‘fil% 38 pound. :7a2s; Leghorns. 23a26: _old insros half of 1926, me of bus as showing a| Detrelt & 3 E ( 5 : : | tntT 2 ens. 20230: old roosters, 2 ks i D peasstion, eomBesed b i | DevoeAlta (2:40) 4 L R i Felid ?"mwdm: m\ ?M: e G & E 68 52... 15 3. small and poor. 18a20: guines 5 e Rl 3 Bros C1A 28% Splcer MIg. ..... 4 e . ing a puzzle to local hond brokers, | s 1 ‘each. 40a75; pigeons, 20430 e e Am ot e Sin Gas & B g1 54 OLD TOWN. Me—The high cost| o " fiort that busing ordees for | Eolamat 3534, 3 B P e iatws| GOLD IMPORTS GAIN. Don in August, 1925 | Dome Nines (2)- A10% sHpeEIRD e The Crosing doam of the OId Town |some issues are well in excess of sup: | Laclede GS%a52.. 1 and Tearby firsts in free cases, doz.| NEW YORK, September 18 (9 | Pantissns otici). 115 Std O N J (1), 2% Woolen Co. plant here. Wage earners | Dliea and that to obtain obligations it | TR Clcbe L e D okt | Reviewing tho movement of ge Phe Liquid Carbonic Corporation | ud Stewart War (8) 64 have demanded a restoration of the |15 necessary to bid up prices Manati Suzar f75% Butter—Gooc ancy creamery. | Dominick and 1 ke b~ hought all the assets of the Baur | Eastman (18)... 119% bt b g 5 B O exlsted prior to the last| Complaint is still heard that cur-| Montata Pow Ss... 11246; prints, 46a48; block, 43a47:| change member Carbonic’ Co.. with plants in Indian- | Eaton Axle (2).. 26% ABmEEINEBosE. > Yot certion rent return on honds is inadequate ewEngTe{! 5s... Jadles. 3%a3 rolls, 28a82; store | has changed : s In 1975 apoiis and Louisviile. | Bl Auto Lt(16% 70 Sun O (113, 35 ‘ 2 i IR Dissatisfactio on the score of yield | N Y Euison 58 44.. packed, 25; dairy prints, 28a32; proc- | the United Had il E Klectric Boat... 9% aneriorStl (2). 3% sow| CLEVELAND —Rigid economies by [is not confined to private investors. | N Y Edison 6% | pss butter, 36a37 halanee for the first time since 1919 o° Cishiolders of the Mexican Invest. | Elec Power & Lt 184 Sweets of Amer. 16% 16% | the northern Ohio steel companies are | Big institutions voice objection to the [ N ¥ Tal 4%8 o $135.000.000. Tn the first ses o, Ine., will consider a ch Elec Refrig(£2). 63 i Aiding to enhance profits. President |low return. i N ¥ Tel 6s 41. ; PRODUCTION OF SILVER, | f Ui vear, imporis of = company’s name at a m | Eles Sto Bat(t8) 89 Telautogra(60c) 124 12 12t 12| Harringlon of the Trumbull Steel Co.| President R. Howard Bland of the | N ¥ Tel 68 49.... . exports by $96.200,000. 5. Three new directors | Erie R R. Tenn Copper {1) 12 12% 12 128, | reports reduction of the debts of its|'nited States Fidelity and Guaranty Nor States Pow 53 NEW YORK. September 18 (&) what was expected a vear ag Johnson. of Blake Bros. & | Erfe 18t pf Texas Co (3).... 54 b4 b3% b4 |subsidiary, Liberty Steel, and im-[Co. of this city. one of the largest | PacGu&E‘:; o ! wWorld production of sfiver in Au- | import movement of gold into Dixon ©. Brown. former vice | &rie2d pf. Tex Gulf 3 (10). 166 167% 166 167% | provement of its own financial condi-| bonding companies in the United | pac T & T 58 gust is calculated at 18,331,000 fine | country has not been ended.” of Tidewater Oil. and Edwin | Equitable pf (7) 1 1 Rureau of Tex& PacC#0 1% 16 6% 1bw|tion. Otis steel orders are running |States, made pointed reference to the | pan-Amer Pe Rty rr W e Tr(8 o th higher th vear | problem confronting insurance com- | peoples Gas 58 1023 | ounces by the Ameri D — B S i homan Streeter 2 | Texas Ld ) £200,000 2 mon igher than a « % < | s by s Arainat 183050000 ; Tohnsan and Brown cons | Fam Plas (110 1124 WY [DaRen el SH panics in investing their | surplus | phila Corf 8 AL L et ntmar oe | the " aight | EQUIPMENT DEMAND GOOD B SRR ce it e ] mpson (3.60 kel funds o as to yield a proper return | public Service 6s. 5 vaai 5,462 NEW YORK. September 18 2 | Fisk Rubber.... 1S S :.:‘,,",‘\{ o p,,,’, ST. PAUL.-The City of St. Paul|in a report to the hoard of directors | p Serv Gas 5%s 64. :"j”“fj‘_‘ A bt e LD e B Sl Dt L rofits of Brunswick Balke. | Flefschmn(12%) 43 Sl (et i has ordered 130000 tons of coal at a|this week. | Remingtn Arms 6 s, s "M shown “marked improvement. in are officially placed at | Foundation (8). i cost of $730,000, a reduction of m to| Many investors are reducing their | sinclair Ofl 6 1 grieen t week, railway cavs i hefore Federul taxes, and for | Fox Film A (4). ob Prod A (7). 12c a ton from prices paid in 1923 holdings of bonds and reinvesting the | Sinclair Ol 8%a... 1 e . e A > vy, and nths this vear in excess | Freepor: ranscont Oil. .. | S i | proceeds in preferred stocks of well | Sinclatr Ol1 78 INCOME INCREASES. % ke Gabriel Snu (13) & Wi2) HAZELTON. —It is t-xner'(’d»;uamu:i‘d and prosperous companies, | sin Crude Oil 8s... ” sk e Clicas it ol ;,', R ra.‘.n;:m:fldo;-w—;:ka:nn—wwwm—.' ran NEW YORK, Sept Net income of American Ship Build- | axbmehe ing Co. for the vear ended June 30 | Passengers cars. {that over 3,000 tons of wine grapes|pirticularly issues of power com:| Sin Pipe Line5s will he shipped hére from California | panies. Some investors are switch- | skelly Ofl 6%s. ... and sold before the season ends. The | ing from the higher de bonds 1o | Sug Est Odlent 78 ardner Motor.. ! Gen Am Tnk (3) [ for 00 freight cars and 135 airin Abumada Lead Co. declar wool prices co 1Seits he used f ght now to give rise to| AtlanticCLclds.. 4 81 4s. 6 93 6 97% LA 1, | Gen Asphalt Un Bag & P : " 5 to| C.: Asph pf (5 r: (B‘,::hlde Txl:r ‘3: fruft is used largely by the miners ‘"?Hr{-,‘][pd sécondary issu | Toledo Edn 15t 7s.. increasfd to $1,150,121, equal after & & . { Gen Clgazs (1. 31 tnof @) St Shlthe amhwache eld, Pltston. Fote' ? e g v""’f;‘,'j_":';,,'\‘,',:g‘l“:(’o?k"‘m’,;-;‘j shars| POTATO MARKET WEAK. SE | Gen Elec (112).. Un Pacific (10). 61 ville, Wilkesbarre, Scra Sa | 7 £ Akl ol “HIC. 3 aber 13 cctors of Armour & Co. vester | Gen Bioe p(§0) 114 114 DamE T (6 e mokin also are large buyers of grapes. | TRADE IS BROADEN'NG O vt - $1.122.844, or $7.27:a share'in the pre- | CHICAGO, Jeptember 18 B : uny's fiscal vear | AEll 45 48T 3 ¥ s . Jtal o | reding year. atoes— eip 87 cars, on e e s e o W{‘lfi‘f,’;u“(ss'f”" et L - | Vertientes Sug7s.. 3 eding year g 308: total Unitea’ States ahip t end October 31, to correspond with | Gen Gas 9 8 3 T 5 860 trading very sle arket ve the natural evele of business, rather CtdDrg ::sufl‘a) 52 68% B84 bE% FOOD PR'CES DECLINE Henl fed N"thmz foEttoren 3:::3?33:3:3 1; STEEL DEMAND GOOD. V“;"k“'m\'(i« ein o a1 ) the endn’] ear. The | G United Fr:;::z) ug 116% 116 1164 Seoootan Early Business Reaction. | West Elec 58 3 NEW YORK. September i 'w e M0a2.40: mos around, 2 o: nt vear's report will inciude op- | | USCIP&F(10) 199 2 199° - 35 5 Sk it Der ).~ i a sacked und fons only for 10 months. US Distributing &2 64w 2 gaw|Retail Values Dropped Little Over A D | cuatis: 1 ;I‘nn current average of 90 per cent b N I Tide: | US Hoffmn 1313, 481 48% 48y un's says the expecte utumn | ¥ |for steel ingot production in the %% refinery of Tidewater Oil Co. at| Gen Ry Sig 14X. U'S 1nd Alcohot. 5 80% . 7% 1 Pet, July 15 to August 15. | proadeningof commercialactivities has | Winchester 7%s. | Younzstown Valley is expected o be | Fuonne, N has been selected for | Gitnbel Bros U S Reaity (4) 6 6414 63% Retail food prices declined in the|begun to develop more fully. Itisex- | YoUn& : {maintained next week. Demand for WOOL PRICES IMPROVE extah on of the | Gliaden (2) | US Rubber 3 61a | nited States a trifle more than 1 per |tending through most channels of man- | RAILROAD. semi-finished steel is heing sustained | ! - | Gold Dust. U S Steel (... 143% 145% 143 ent during the month ending August | ufacture and distribution, and there is tby the active rate of rolling mill op BOSTON, september 18 (Spe | Gothm S H (2%) jerations. High production at' sheet,! Improvement | Go | tinplate and pipe miils continues, buf 1 recession is noted in merchant 13, The Lahor Department reports|nothing in ihat the index, number showing the | apprehensions of an eurly trade re- omposite level of average food prod-|action. There are, on the other hand, Universal Pipa.. 18n 18 1814 UtIP&LUA (e2) 31 8w 31 tinues, with fine wools part steel | strong. French combing terri Atlantic C L 1s Atlan C L 4145 64 u 5 = engin or Granby Consol. sident member of | Gre North pf (5) Vanadium (3)... 39% 40% 39% 0% || N0 1557 for August, compared | vArious constructive forces present, 9% bars. Trumbull Steel has advanced |selling at $105 clean basis, with occ tire M. 1 v | Gt Nov Ore (1%) Vick Chemical.. 46 46w 46 a6k | NGn NS 0L G O lgust | which hold out the promise of a main 9614 96% 6% zalvanized sheets §1 a ton. The com¢| sionally higher prices named. Woole { Gulf Mo & Nor. . \ir-Caro Che TLERTORE TR TOE B The decrease for the year|tenance of wholesome progress over % pany is operanng near capacinv wools are broadening out, with pu RUBBER ADVANCES \ Gulf States S (5) v i 2| 314 il 31 [ mounts to nearly 3 per cent. the last quarter of this year. The cur- s wools absorbed ahout as fast as de. | Hayes whers%) v 80 80 90 90 | "\ "\}e wame time wholesale prices|rent- week's heavy financial opera SILVER QUOTATION: ers can offer the oreign sorts NEW YORK, Septe: Heoeena %) . ! in general were found to be declining. tions in connection with income tax B S. firmer, especially .;., s for expor c Cr uhber ..Z‘;;f,,,,o" 3 :::,,:fm,, he index number representing the | |>;\menwl“er> \\llhOUi l'exhn)mhlv e 3; EW YORK stember 18 (A).— Al Sieets, ad A quar : L : iposite price of 404 commodities | effect on the maney market, thus giv yn Manhat 6s. . { Bar silver, 60%: Mexican dollars, 467 ¥ | ::fi:.eo:fi,"::‘;{; .‘: :;:fi';:::a" ¢ August was 149.2, compared \\'i(h;l?g ;:x lll\lfx proof of the ;uetn"lh f | can Nat 4%s 30 1 < St N “| GERMAN BONDS AND STOCKS « | y1udson ! W Bros (4) for July and 160.4 for August,|the banking situation, and it is sig- | Canaa North 7s. 1 STON . (Quoted in doliars per million ma; £ ;:{ugfi‘d;‘:"“,’,v" e ' The department gave the whole. | nificant that the ratio of mercantile | Gonag pog deb 48.. 9 L b b0 Lt T B b West Pac pf (6). le prices decrease for the year as|failures to the number of bUSINESS| entofGa®S...... 4 B(;«ror\ .g"”e":.m;. 18.—Following | Ger Gt 1w 10} 3% I214-18 1125.00 1 | titinots Cen (7). WESt ATBrit TS 7 per cent. concerns has recently been declining. | Gont Pao 1st $899.. 1 100% 100% 100% | '3 @ list of ‘tav's highest. lowest and | MU |2 e et HaoNte) bbbl In the retail food price survey, the |Supplementing this encouraging tend-| cnes £ Ocv4%s... 11 S8% S8% 983 | ClOSInE prices for the most active |Ger Gen Elec 4555 prow 5 [ el weston Ele | decreases noted during the month |ency, statistics of bank clearings, cot-| Cn'g Alton 3348... 1 60's 604 stocks dealt in hers: B, 43 il Pent | indian Refinirz. e ! were found to have been spread fairly | ton consumption, foreign commerce | oy g BT gn 58 11 9Th 7% ARk s ¢ Ham 1 % 48 ey 3 alued toda: by ; eddgeiesy = o g | evenly across the country, 38 cities|and railroad freight traffic make satis-| Cpi Great West 4. 184 - 69% 68 [ Amoaker, s i+ t 3 ‘.!;;,’.’,.*,",5. LLine ;;‘: E erce Commission | IPspiration (). P Eavin i35 26% 264 showing a decline, with only four,|factory exhibits, the reports of car|C'\ s Sep4assefs 1 53w 63% | Boston” & Maine . g0% 8o North derman Lioyd . 00 on June 30.| 10 S8 PRy | White MOt (4).. B3% 564 Jacksonvile, New Haven, Portlandy|loadings being especially favorable.|:yrgstpdb4s... 1 B3% 63% 53| Copper Rangs i6% 14 Prassian Consols’ 31 3 A Cacuits \White SM pE(®). 56W 59 Oreg., and San Francisco, showing an | Weekly bank clearings were $8,941,| Gyvecpovatesszefs 6 bd B3% DS tenmant ne irupp B 10310 1= § Int Bus Ma (3). | Wickwire ctfs. % . % increase as much as 1 per cent. 968,000. CM&StPgni%s. 8 81% 81% 27 P e e e e It Cement (4). | Willys-Overland 23% 241 23% "l'a T e CM&StPrd%scfld 2 54 "5d% 5 ;'a';flg A od Jiaete - B DRY GOODS MARKET QUIET. . FISHEB NOTES CALLED. l;}?’l:‘?{‘!"fifi'?’- 5 uba o b PANK CLEARINGS. A s NEW YORK, September 18 (Spe. NEW YORK. September 18 (P).— 5 h 1057% 1667 NEW yon . y o > e cinll—Cotion goods market closed the All outstanding per cent serial E 8% 16'% Rk i A : 4 e To b week quietty h print cloth prices zold neies of Iy Corporation 9 907! i - % - ol Tr& C ! 78%c for 64x60s and have been called fgr iedemption on v 85 ' ' Yorn ba falances, N Paper ;-r (7). 974 Yel Tr& C ¢ Y l n:wna}mrd 3 ‘fgx & . o m& W Ind on Stz &'z » Yook Federal Re<asee Bank | 1ot Tel & Tol (8) 1154317 115 116% | Younsstown (&) E64 870 3% 874 S for 68 Baw silks were slow, “January 1, 1927 ai®par and aterued| ('g 1550 1635 105% ' Cuiled shoo 3 Al A£G VG PETTARAE SHFRILIXTTN Uk algidie . s ORI | * ¥ st miamane Veues Held ‘Hindels- s as 9000 20000 R ” w &

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