Evening Star Newspaper, October 5, 1926, Page 30

30 * FINANCIAL., THE. EVENING STAR. WASHINGTON, D. C. TUESDAY., OCTOBER 5._1926. FINANCIAL. %+ eowwems - o pveve s wasmoron o oy, oo s s vwavas. VALUES GODDWN | [~EW Yor SToCK EXCHANGE | |STOCK AND BOND PRICES FIRN | [ovvee o BONDS o] VALUES STEADIER e - 5 .. C) i X 5 i - 7 UNITED s-rprgs_ i - High. Low. Close IN SI“GK MARK[I Abitibi Pow (4). 93 94 4 | Gabriel Snu (15) 'Natlonal Mortgage and In- e ; Be, e Weh Taw. cios 'g::;:{;:;g;;g:gs 3 0 o IN BUNB MARKEI Abrahm&Siraus. 56% 56' 56': 56l | Gardner Motor.. 64 5 Adams Exp (6). 126 126 12 Gen Asphalt. % 7 5 : Lib3%s... 29 10016 10013 100 16 | Sin CrudeOil 6s. .. 100% Pri e :gv Rumley.... 18% g [ Gen Asph pf (5). 122 vestment Preferred Leads in : e ,}:t‘l‘z«s 6 10126 10123 10125 | Sin Pipe Luets. ... § 9215 P in Liauidati umada (1) : i | Gen Cigars (1).. b521; 52% . . 3 b 2d 4%s. 132 10018 10013 101 18 uthwest Bell 5 10214 102 , 2 4 ices Break in Liguidation| M’ DS 5 Eiee (hé). . 86 ! Market Todays f & Libad4%s. 431013 1012 1012 $ux Est Orlent 7 5 9 9812 Speculative Rails Exception. Involving Big T ti Agux Rubber..... 81 Gen Kleo sp (800 ’ y Tib4th 4% 120 1023 10130 1021 | T0cao an pt 1o. 1o ving Big Transactions | Awwks Juvea . 1 0 1 o el e i AR : US 429566, 16 108 59 108 19 10324 Ui Drug 6s.... 5 14;;;' 5 Pressure Is Absent From o . 3en ) 3 - 4 - Y ub 1t rf bs. . 3 92 Amerada (2). n Outdr A (4) 52% . . . o - is? E 3 ow & Lt 5s. 96% BEbe A Reeulne: Gen Ry Sig (15). 81% Traction Honored by Rail- : Sates. High. Low. Close. | Vertientes Sug 7a.. 5 97 e By PR r Al Gimbel Bros 5 s i Argentine 5s. 1 9215 9216 924 “nrnersughu 83% : UART P. WEST. el Uy T Ghiden (3 7 e . Argentine 65 Ju 59, 18 98% 991, 98% ] Jest Ilecss. ... 100% BY GEORGE T. HUG pacial Dispateh 1o The Star. Am Bank X 160 414 41 o o 1s% way Association. Argentine 65 Oct39 40 981, 98v, 984 | Westn Union 6is. 10 Soecial Dispateh to The Star NEW YORK. October 5.—PriceSi am Bosch, ... .. 1 7 Goodrich Ru (4) B » - GucHCeltR AL 23 S0 08K Nroe, s Ehouse be . 100 NEW YORK, October 5. broke sharply again in the early trad-| Am Brake Sh(6) 13 ;135 135 | Goodyearif (7) 5 105 e P T LI % 104% one section, the speculative ing today. then rallied. Some of the | Am Br Boy Ei(2 Gothm 8 H (21:) 68% G68% b8 BY EDWARD C. STONE. o = 'gg": 100 100k | wvins et 101% bond market steadied toda . ek e Lo Prices of local securities held firm - AvmiriaanBa..... oF 881 SHL O | Winchester S T did not advance, but at least there wi ] an p . 12 2 2 b sol.. . 4 9 s e i b UL 5 = pressure that had so business were quite severe. Moreover, | Am Car&Fdy (63 Grt North pt () 1% 764 G T TamE G Etate B ERukerctden: 1 59 ‘ Youngstn S & T 6s. 31 1034 dent on the day. before. This was they were accompanied by large| Am Drug. s 1383 % 8% Grewain Su (o) ; oy | (odey whien trdding Waslonb mode HelEaltes 20 sk sa : RAILROAD. S Ut e eyt transactions. When big blocks of | Am Express (6). 250 SR EIOT T ately active. National Mortgage and Belglum 654, 2% o " | Atcnson gane g LU GEALG T LT Investment preferred led the market Belglum 7s. . 8 95% ) 951 | Atlantic C L el 1s Pt e oa s e arkety stock change hands a point and a half | Am & For Pow.. . 3 15'% Gulf M £ ha 1 > 5 : Mo & Nor.. i 10 3 points overnight it does not mo.m,km & Fo P pf(7) s &3 o 1 GuM&N pf (6) 4 in the number of shares sold, 180 Belglum 7%s. . 108 3 L 21, 924, larger turnover was reported with ““bear raiding.” It means real liquida-| Am Hide & L pf. ¢ : 4 tion i AmHo P (2.40). 25% 25% g| Sttt ene). D e Eraotion ot a 1005, ton fomt | L e . : 7s. 55 105t buying orders above equal to offer What appeared to have happenedAm Ice (+10). . 26 Hartman (k1.0) P p it J Sl el 103% o ’ S48 2 80% . For the past week or so sel was that # number of 5ood sized spec. | Am Internatl... 331 337 ¢ Hayes Whiy3n) 25 5 Potomac Electric Power preferred JOHN H. MANNA. Brazil7s...... S5 95 - 95 ; g S 0 | S0 S aUETHBESeds pustluiacey. | b ulative accounts invelved in the re Q'" ::«ij (... u'li s W pf(7 ) | recorded a 10-share sale at 107% and | President of the Capital Traction Co. Biasirss. .. 1 108% 9 e 9 "h “;j ;\gu the case today. Specif cont bull campaign had been under-| Am LaFra pf 3 9 elm Geo (163;) 781; 1781 Washington Railw; d Electric pre- e = b the Libetties were a shade high g e ere | Am Linseed B 1. 31':| Homestake (¥ < ston way and Electric pre-| who was elected fourth vice president | capaga 55 193 8 s and Atchison Gene S canan 9 mined by vesterday’s break and were B, ; e (17). fortn ab.GGtir 90, TaTEtGR Mofic: o ectrie Railwa; i 1. 3 101% 5 n General 4s crossed 91 forced to close out. Tt was what Wallj Am Linsd pf (1) 70} 70' Househd (1314). 42 % 43% | type opened at 90% and closed at 90% . Clevel il ¥ | Canada 5s 1952. 104% 104% g 2 21 stinghouse Electric is were above stroet calls “distie:s selling.” The ! Am Locomot (8) : Howe Sound (4). 411, L aRAnE aale Ty Aaroriants Trave-| . e A Ctouny Canada 515 1929 bl . 3 103 | Par and there was good demand for usual experience on #uch occasions i 3 73t 78 3 | HudsonMan (21 . e i Storae Dreferred brotight Chile 7s 1943, B& nr”""’-fi? £ 1 American Smelting and Refining. that the stocks whiel: have to be sac-{ Am Metals (4). Hud Man pf (3). 7 1, 1001 ge P i Chile 8s 1941. 3 ¥ O PLEN 2 g P 9 The feature of the day from the yificed. pass into stronger hands,| Am Po&Lt (g1). ; ; Hudson Mo (3%:) 91 Oy one bond. sale was! recorded, | Sral Reserve Bank; Dr. W. J. Butler, Chile 85 1946 : 2 » side of advance, however, was the therchy improving the market posi-| Am Radiator (4) 314 113% | Hup Mot (1.40). 2 o e ong eington Failway | Stute veterinarian. and his assistants, Chinese Gov Ry 55. 37 S .8 strength and activity in Interhorough tion 21, 82! Tliinois Cen (7) 5 123 and Electtic 45, which beought . |t Faokigh Marsh and Dr. Emil Vi el b Bu R & Pite §o5s o L :"Nule'":')m'\' e St S y ~ i - & Sta “uba 5 o - = . 0 he ¢ i p 0 e B, Coast Line OF Badly, A S & Rer 17 : 35% | Tnden O (1), '35t “2ar 3i% | everai tenaing hank stocis are sdil | Farr oo out, | Gaeoho 15 reis . o statnped and unstamped, wore hid i \tic Coast Line. below 200, was | & R pf (1) 9% 116 fo s O - 20n Mgl Colvlond.one appeared on ; pany & Oub| Gzecho 85 1951. ' : bk quite sharply. This was the market off very badly on the day. and it was | Am Snuff (12). 2 IndianRefs ctfs.. 8¢ ot g o AR RN . Establishment of a branch office in |, 040, Aunie 8s B Canad North 7s. . .. 10 response to the movement on the p: down over 25 points from where it | Am Stl Fdys (3) 43 3 3 | Ingersoll R (14) ‘ % | Senator Organizes New Company. | (hicago, which will act as a hub of | penmark 6s 7% 374 | Canad Pac deb 4s. . of business men in favor of an was selling about the time the Very | Am Sugar (5)... 5% 7 75 | Inspiration (2). United States Senator T. J. Watsh | oo o B "1 States, is the object | DET5%s Mch53. 6 102 4 Cent of Ga s sl B3 &k vance in subway fares ; poor earnings for August were given | Am Sugar pf (7) 3% | Interbor Rap Tr of Montana has jpst organized the g S 2 * | Dutch East T 6s 47. = 51s | Cent Pac 1st 5= 90. The selling in the sunior rails fol . il o S oy Ll 5 I (ofhon AL, o o tive Sheer”Co. of his home |Of a trib upon which Representative | PG IS 1 o g) : Ches & O cv 4%s. . . lowed that in their respective stock 1 point half and at 10215 had [ Am Tel & Tel(9) Tuternat Agri State, according to information reach- ank R. Reid, president of the Great | gy sajvador 8s 48. . s Chi & Alton 31, 63 6 6 4 2elaware and Hudson conver 5 )t nearly 5 points since the announce- | Am Tobaceo (8). 1207 In Ag C prpf(7) ing The Star’s finanelal desk todu tional Insurance Co.. a local enter- | Finland 65 45. . . 10 5 89 |Chi& Alt3tiscirs. 6 were down over I points and weuk ment of the increase in the dividends | Am Tobac B (8). . Int Bus Ma (3) The concern has a capital of $100,000. 1[G OB B ted. Representative | Finland 7s. .. .. ... ¢ ChiB & Q gn 4« ness appear 1 St. LouisSan Fra to 6 per cont. which many regarded [ Am Tobac pf (6) Int Cement (4). Senator Walsh and his associates eX-1Reiq'stated that establishment cf the | Framerican 7 . 2 93 93 ChiB&Q1st rf 55. 38 105% 10 S bs_below 89 as disappointing. Atchison at one|Am Wa Wocl.20 57% Int Cement pt (7} pect to own sheep on shares With|Cpjcugo branch is the first move of a | French 7 § CB& Q-Nl div 4= there was especially heavy s time was off almost 3 points from the | Am Woolen.. . 8% | Int Com Eng (2) farmers in prosperous agricultural ;. cories which, when well under | French 7% ITan Seabouard Air Line 6s, one block o previous close and over 10 points from | Am Wool pf (7). 77 Int Harvstr(6). . sections of the State. Some 5000 L G0 (i give to the Great Nationala | French 8s.... "/ 13 104 ! " | Chi Great West 5. 38 e ont o, | 350000 par value comtng out at %4 B S e first sale of Southern | Am Zinc. .. P IntMtoh pf(3.20) sheep have already been purchased | it N e & 0 D nches in leading, | German FI A 013 | C M & St P 4x 25. . the low of the movement. Tailway showed a loss of 2 half |AmZincpf..... 1 32 Int Mer Mar pf.. 3 and these are to be distributed in lots]cono® O SU V0, Nt the country. | German 7% < i CM&SP deb fs ofs Among foreign bonds German i< points, influenced by the prospect of | Anaconda (3) 9 9 & Int Nickel (2)... 3 i of 100 to 400. The announcement |\vachington is the home office of the | Ger Azr Rank 75. . . 5 CM&StPgn8gs. .. sues made the best showing. City of a substantial addition to common | Archer-Dantels. 1 Int Paper (2)... % T adds: company and will remain so. Practi- [ Ger Gen oy 2 '-\ StPandiis, . 31 | Berlin 61.s reached a new high at 06 share capital under the new financial [ Armour of TII(A} K 5 Int Paper pf (7). 97% T E. H. Churchill is manager. and| . i stockholders are Washingto- | Greek 7s E fy SRS French bonds rallied from the losse an. Later the stock rallied Armour of 111(B) 3 : s ‘| Int Tel & Tel (6) }16% among others interested are Gov. il ilie Seion ehare putoHd : 99 # | of yesterday. but with subsequent re New York Central. selling ex-divi- [ Arnold Cons&Co 22 Tewel T % . 2| & Erickson; Lewis Penwell, Helena | frtt B o prominent persons ' & 9 ¢ S i 547 | action. Finland s got down below dend and Reading were both at one | Art Metal (1), 23% 2 Bolihvi e e e 2 stockman: State Treasurer W. E. Har- ; e Ry oiar 110 : Jewel Tea pf (7) 123 123 123 123 |mon:-A. C. Johnson, president of the Fricean pa tare off over a point. On the other : e Al e 18 | American National Bank, Helena; H. hand, Union Pacific was steady on | Atchis . 5 However, the establish Atchis 5). 9 o 99%: 99% | KCP & L 1st (7 " iter, ablishment of out- | ; : Atchison pf (5) KCP& L 1st () 111% 4 H. Pigott, Helena; Norman B. Hol side branches is considered necessary | Tapanese 613 3 9 9 9 Chi & NW 7 1 ecline, and considering the ex e e tent Hdvance was down | AtIBIEm &AL Kan City South. 6 L | ember of the-board of the Ninth Fed- | Fd® branches s con i ‘ comparatively little. The main fea Atl C Line(t912) o 9% | Kayser J (3). % 43 43 lbans 16 maiine M| Lyon6s........... Chi Rys 5 ture on the buying side of the rails [ At Gulf& WI.. 5 30% | Kelly-Spring. % b= . *Washington insurance 10 was | azdcill T S| CRIRT& P rr'ds.” was furnished by the Van Sweringen | Atl Gulf&WI pf. 3 Kelsey WhI (). 86 86 |Retd Ice Cm (3). 42l 2 sserted by Spencer B. Cu Nico | Mesicods i asntds 25 ChiTH&S T e the lead of Chesapeake | Atlantic Refing. 109 £ Kennecott (4).. 59% 6 59 | Remington Type 111% it Ty Mexico 45 10 asntd ; B nin, of course, was in re. | Atlan Ref pf (7) Kinney G R (4). 45 & 9%y 9 e e ‘:‘ll“"ld:ll\ riting | Mexico 5sassente : 44Y Chi Unfon Sta 1. Snonse to the report that the minority | Atlas Tack Y 8 2| Kinney pf (8) ... 5 5 85 |RepIr&Stl(4). B e s ey e T : Chi& W Ind cn 4s. harcholders of Chesapeake were to | Austin-Nichols. D) ¢ 52 s 51% | Reynolds Spngs. 4 Sl e B LT e be taken care of in & manner that | BaldwinL (7)., 121% 123 Laclede Gas (8). 1603 L R missoner a consta ; TR L L N O s o would be satisfactory to them. Irie | Balto & Ohio (6) % L.ago O1l & Tran. 6 i By e o il as come into the office. “With | Norway @5 7 0 101 TS AL Shares held well during the early dis- | Balto & Oh pf(4) 73% 3 ambert (3%).. : D | EOVAIDIE T O b W hEh ot o ase anal hal ooy SHIAT - Cleve Term 5 iis. turbance, then became very strong in | Barnsdall A (2). | Lehigh Val(3%) 5 86 |SafetyCable (4) 50% United States as our field we are well ‘\,"'W"Y s-‘f 1962, 2 r_o!o& %u_; the afternoon. Erie first preferred | Bayuk Cigar.... 4 3 i | Leh&Fink stf(3) 55 | StJoseph L(t).. 40 39% intrenched and can eXpect Eratitye | ostont pev dobi6 s | Sobs R R 7%s. was vigorously bought on the way up. | Beech-Nut (13). Lig& M B (14). 9 A o1 |StL&sanFr (1) 91 97 % 964 s s said. 5 =4 b L b, Cuba N R 65 66. 9 9 Baldwin Locomotive, after losing | Belding Bros(3). 3 % Lig & M pf (7). . 122 | StL&San Fpf(6) 901 9 9 rs ddition to Representa- | paris-Ly 'V‘I:H‘ g Del & Hud 1st rf 2 Adolph Lewisohn & Sons nearly 2 points, rebounded sharply | Bethlehem Steel. A4S 3 Lima Loco (4).. 60% | St L Southwest. 65% 65 ivi i include Representative ‘,_“l' '0‘»‘] ‘,n,“.,j" Sl Y Del & Hud cv 18 924§ Bache & Co. head @ banl group and went well above vesterday's final. | Beth Stl pf (7).. 1042 % 10 % | Liq Carb (3.60) . 46 |StLSwnpf 5). 7 IteteHcE N Zifilman, Sicretiey: WIR L pan it = v Den & Rio G en 4s that is expected to offer time Aperican Locomotive acted well. | Briggs Mfz (3). 91 4 5 441 | Savage Arms... 86 5 24 | liam 1T, Webb, surer; Spencer B. | pora sy DTio G Westna® -1 90 90 90 | ihis week a new issue of $1.600.00 Pillman gave way another point on | BkInEdison (8). P 1, | Schulte (§)... 474 4 Curry, e presi a tol St Irie gen 4s Sk 9 | Tennessee and Chemical Cor " 64 . y, vice president, and Daniel O. | poland 65 40. 4s. p top of vesterday’s h-point loss, but |Blkn-MnTr (4). 5 ¢ 59%| Lorillard % 4 297 | Seaboard AirL.. 304 G Davis, controller. These officers malke | poland 8 ErfeconvisA.... poration 15-year & per cent convert this was while the general sclling was | BKIn Un G(111). 92% 92 Lorillard pf (7). 1121 | Seab Air Lipf... 33% 31 5 up the directorate Sebedib it Erle conv 4s B ¥ ble debentures. The purpose of on. Brown Shoe (2) . Loulsiana Ofl. . . A 51 15y | Seasrave(el.20). 131 13 3 ‘ S e Prague 7%S. b | e lacancdanl... S i tiiacon General Votors Supported. Brunswick Balk. LouisGasA (1.75) A e resident Hanna Honored. Queensland 6s..... A e e ; uny : rs received cons T e 1 3 13 | Lou&Nash(163%) 4 13214 | Seneca Copper ? President John H. Hanna of the|RhinelbeUn7s.... 86 9 "1 Erie & Tersey 6s. ot | retire present mor General §1v-'i-)~ received ¢ m‘l)\““j Burns Rro (10). 1y 1341 | Ludlum Steel (2} 31 | Shattuck F G(2) Cap Traction Co. was elected| Riode Jan 8s47. 4 2 ie«:em_«:pns{ s | expansion: snpport throughout. The stock was | Burns Bro pf(7) u Shell Un (1.40) . fourth dent of the Ameri- | Rio Gr Do Sul 88 Z % 103% | 1y B © 5s 74 b allowed to open down With the rest. | Bush Terminal, 4 2y | MCCrory BIT160 753 | Shubert The (5) 2 Titect Ll s 3 e 4S8 OT The Continental SR i e R ; Melntyre P (1). S ShpnrEhe ) = can Blectric Railway Association in . 1043 Ao Tow | Srand TrunkTs.. 7 y ¢} co. and was a pillar of strength in the | Rutterick. Mack Trucks (8) 104Y " 101% | Stmms Pet (1) a 3 Gl Cldant oy £ 9914 T e e 9 B 907 | > s the sale dings. Tt looked as if some N 2 MackTr 24 pf(7) 2 102 . H. Sawyer, president of the jreat North Gs.. i ot fed been b | Products (2) Mackay pf (4).. o 0% Rl : { St. Louis Subutban Railway Co.| Seine 75 4 . 91 *90% 90%| Gy Norgen7s. ... 2 . 113 stern Press, e Tudson Motor. Relow 50 the stock | C2lIf Packe(4) 67! | Macy H R & Co. 116V we | g vas eected president, ~succeeding | Serbs Crot §l08s. ok Green B& W db B, 2 % cent. deentures e Oete \vas off Some 15 polnts Trom where it | CallL ESLIOLE). . ; .| Magma cop ). 37% | Sou Cal Ed (2).. BEANIC e (CORC B gEHC en o T T1en 104 Hocking Val £%s 5t s wellinic st ithe Mimeriotithelvery | Caianzine., Man 1 Sup (5). 6 63 | South Port S (6) 4 R New York. Barron G. Col.| Sweden8%sct ... § 104, e fTICEE Man re 9 3 000,000 Commor s s Mide, umet & Ar(6) 66% A % | Man Elm g (D3) 46 4 lier of New York again was elected | Sweden 6s. 2 104% )2+ | Hud & Man aj 5s. .. 23 4 Bver C o poor report for the second quarter. | (AHed s nl0 S 3t g (DY i 46% | Sou Daries A(4) 49 treasurer. Swiss 5148 1946 10315 10¢ e M e : wealth Light Jwer Co. one-year v liquid ) o ' 7. Ma 1ec . 4 Vi i - A S i S . 9 5 J P S0 rd gol otes ;ryn\« hres ina! 'n&"‘i‘!.’.‘?i"“. fed, | Can Dry (c210). +| Maracaibo OIl. - :z‘s»: 323.’3“:'72’5’25'3' 4 t | President Hanna long. has been | Swiss Confed8s. .. 10 1135 1 Bl cen4s53.. 2 71 ;t"';llrl;:"’m;m’x‘nn-’wrhlx‘" i R e o C- | Can Pacific (10). 4 162 3| Market St pri 2 B 2 Ty ) “deeply interested in the work of the|Utd Kingm 5ies 20 117% 1179 11l Central 5 il % B O N D L Girs. | asshreshing 60 | Marland ON (). o o, | ou e BT | association and his election is con-| Utd Kingm 5%s37. 74 1047 T Bt e 2 & and the carly selling did not hit Stude- | qase 7 reElRS" 2 2 . b4y 4 | South Ry pt (5). 94t oad & DtdiStecnConenies & ‘38% StLENC A ase Thr pf (7). Martin-Pary(2). 20 i 20% | Spicer Mfe.. red a reward for his frequent at- D Int Rap Tran 5s... 2 05| Otis & Co. are 'Among the ofls what looked to be a [ Seniral Aoy (2) - 333 May Dept St G) 133 133 |Std Gas & Bl g3. 51 g G e dinane L Lasioiig MISCELLANEOUS i 000,000 Wheeling and Like big block « sxas Co. was thrown on | oene pPony oLss b :::1";35‘(;1;&)1 2:% Std G & El pf(4) N 3 o Dividend Increase Near. Am Agr Chem 5s. . 103 103 3 1:: nf:!r‘)’_f,”“ 7; 5 7 T4 | way l"‘flul_!':lnulm;ifl:—'] 3 et forolng ce do ‘ s Mexican § e 9% | s 5 ¢ 7 3 2 an 7s 9 947w 9474 | series B honds due 19 the forcing the price down | Conro Tap (. 62 oyl A= e, D g SrA ) v Th| Fairtax Hurrison, president of the e bnbiE s;’ 10 10 Yoo | Int & G Nor 1st 6a. ; approNiimately. 5.05 per 2 selling | cortain-Teed(4) 43 3 3 | Mid-Continent SR al 3 ’ Southern way, said today in New | ; 6 100% | 1 o G Nor ad 6 5 |3 was over the stock recovered. Phil- | 5 Mid-C e Std OfI NJ (1) York | Am Smit & R6s... 1 108% 108% 108% or a Yo o v e Chand-Cleve. ... 3 3 Mid-Cont pf (79 ot% i : 42 1York no official statement concerning | Int Ry lips Petroleum was freely sold. but | cpana’cle pe 1 g Std Oi1 NJ pf(7) the E Am Sugarref 6s... 9 104% L s DS T t Cle pf(4) 3 MIAAICEthies K x common stock financing plan of Int Rep C Am 6s 41 was not being supported apparently | cpate o (312) S - 4 | Sterling Pro (B). “ | the company would be made until|AmT&Teltrds.. 986 i o 3 i spha S ~Nes ) N .o 7 1 1 any wo ade 4 Towa Cent rf 4 as it neared 48. Gen. Asphalt lost a | g A £ #| Miller Rub (2 347 | Stewart War (6) £ h et - Am T & Tecl tr5s.. 102% g T . t hi & Alton. MStPESSM 1104) 63 & e 4 after the meeting of directors in Rich- Kan City Ft § 4 point, then rallied. Recent price cut- | ¢ biabh 3 SErot e (B < mond on October 12, but he thought it [Am T & TS£5s. .. 100 iy s ; ting on the Pacitic Coast is what the g Sl 4 Sttt (0. O / Geairable At this time to state that | AmT & T deb 5igs. 12 1043 St 2%| BALTIMORE, October § (Speci b"‘l(‘nxfl-?"'\. felt in the market for the | oni Great West. 9 9 MinsousiiBucine. 391 39%| Sun Ol (§1).... % the plan under consideration did not | Am Water Wks 5s. ‘.;gu %1 Kan City Term 4. 25 p r 1 4.30: 100 pounds, oil sharea . Chi Gr West pf,. 263 BitRsols{Paspt, € "S85 | Sugerior OIl. : _{contemplate the payment of an in.|Am Writing Pap 65 6 . | Baxe Shoreusag. e ; sweet potatd rrel, 125 1 market quieted down in the late | Gpj a1 & StF. . 3 $ e S i o et creased dividend on the preferred | Anacondalst@s... i Lake Shore 4s 31. o7n 97 97l 2.75: bushel, 35a1.00 ms, barrel, . then beg o show an un- . StT 9% 4 Te & y s stock. It ed vev _| Anaconda cv s. s 31. 9 9 4 £ rnoon, then began to show n-| Gni M1l & St Fps 19 9 Montgom Ward y ek |5 oot k. It included, however, an exten-| Al da cv db 7s 106 Lehfeh Va1 68 b b T 80a1.00; bro certain tendency. The midday rally |G Mil & St P otfs g MOt (%), 6% b e sion of subscription privileges to both | Andes Cop 7s rets. 35 106 s i 2% | ki, bushel, 25: sts, 100, 2.0 had depended u short covering | ¢ MiI&StP pf cts » 2| Mothr Lode(75¢) " 57 TennConper(l) i preferred and common shareholders, | Armour&Co 4%s rf i b: cauli and when this was over prices in|chi& Nwn (4)-. % 75% | Mo Pleture(1%) 144 | Texas Co (3). N N b Armour Del 53%5. . g i arrots, 10 parts of the list commenced to waver. | Chi & Nw pf(7). H i) I e | Texas Guit (n).. North American Builds Cable. Associated Ofl 6s.. 2 Man Ry 1st 90..... s 4 : - + 00: corn, Montgomery-Ward's jump of over 3 | Chi R 1& Pa 5 3 | Wi o . Tex & Paciflc. . . The longest 11,000-volt submarine | Atlantic Refin5s.. % | Market St 7< 40 9 S A P Motor Wh (2).. 2 22 o0 dozen, 1 cueumber: points was set down to the run-in.of |CRI1& P pf It} 2 23 Mullins Body . . . 4 117 Tex & Pac C & O cable of its capacity in the world will | parncgan 6s ctfs q MiI EI Ry & L 5 977 egeplants, basket i short interest. The increase from | Childs (12.40)... i L G Juih i Texas Ld Tr(8) - be laid across San’ Francisco Bay by | pei{Tell Pa 55 B. . | M St P&SSM cn 4s. 9 i heae Bihe) $7 to $8 in the American Smelting | Chile Cop (2%). Y 5 Murray Body ctf S| The Fair (2.40). A the Great Western Po mu’renmséc i 23, | MStP 38ctd g 77 Sitloris 5 ; dividend had been expected and | Christie B (1.20) s ] Third Avenue. 2 ; | ifornia, a North Ameri i Bain S taal pihse s 197, | MStP&SSM6l%s 13 G0 e et cansed only a moderate rise in the | Chrysler Corp(3! 8 Nash Mot (13).. % 59% 59% | Timken (15). . 23, 63y | It will be the fifth transba Beth Steel 1f 55. 99 9 |MK&T Istds.. 6 6 51 40a30; <pinach stock., On the other side the cutting | Chrysier pfA(8) " Nat Biscult 4% ¢ 9 93 93 |Tobac Prod (7). 5 i [the Great Western bringing “Ryaro- Beth Steel 5% 53. MK&T4sB...... ok oo tomatcas n two of the Moon Motor dividepd. | Coca-Cola (7) o : Nat Cash Reg(3) 39% 40 [ Tob Prod A (7).. 115% 1153 electric energy from the thier | Eot e el oe 4 e 1007 | M K & T adj 58 g 93 o3 | L OP R O Cacking. stock, hushel, s it owTiite 1 casto o | Coning e 5 561 | Nat Cloak & Sult 24 g 24% | Transcont Oll. % | River into San Francisco and will be | pet8 Bad el 1045 | MK & Tprinss A . g < had been anticipated by the recent | Colins&Aik pe7 113% 115 3 Nat:Cloak pt (1) 76 | Underwood (4) ! approximately 41,000 feet in length, | gyjyn Union 5ts.. e 4.00; hushe! drop in the stock. Col Fuel & Iron. 2 45w | Nat Dairy (3) 72 T2 retching from Pier 39 to Point Isa-| po o im plge ; Mo Pacific zen 4s 6 b i i b United States 1 common, while | Golo Southern. .. 7 7 Nat Distillers % 22% bel on the Contra Costa shore. The | WIS 5 CGR/S ™ 16 103% 103 Mo Pac 6549 D 4 § eantalon — 1.255¢ early in the day had been sustained | Col Gas & El (5) D 43 lynol ()...... cost of this cable and the necessary | cen peath 68 45 cfs 5 5 51 105% | oo b Bakh R around 147, and had subsequently ral-| Col G&EIl cfs (5) 8 % % 4 26% | Un Pacific (10).. 4 equipment and tie lines at cich shore | i copper 65 32. 5 | Nassau E Ry 45 57. 19 6 i 6 rs, bushel, 12.00, hamper, lied a point and a half, proved sen-(Col Carbon (4).. 64% 65 { ;\“”:““&L‘f’s-o-- @ 158 | Un Pacific pf(4). o e b mae than | o0 Gad & Bl 5. . New Or Term 4s. . 4 g ‘auinces, basket, 60a75. s sitive again in the late trading. The | Com Cred (2). 6% 26% Rl s ‘“'3) 200 | Un Tank Car(5). Setn i Col Gas & i 997 @ NOTex & M5s B.. 4 it Van Sweringen stocks failed to push | Com Cred 1st 6% 93 N T‘"’"‘“ i 70% | Un Tk Car pf(7) 115% 6 Branch Banking Fight Beg Comrmonwlth P 68 L 4| N Y Cen gen 31s n and Hay Prices. ahead any further. Com Inv (3.60).. o | Nat Tea (4).. 125 | ytd Cigar S (c2) 97% [ .| Con Coal Md 1st 58 g 3 | N Y Cent deb 4s. g 5 et NG & fed Witier. domesile e b, B Nevada Cop (1). 3 % 18% | (n Cig St pf (7). 122 With the opening of the Banl OniCoal ML ICE S 5% 105 (|NYCrfim%s13 6§ "42%: No. 3 red Winter, garc = Congoleum-N. 2, 3 315 | NY Air Brake(2) 4 4 42% | ea Drug (8) 163% Convention at Los Angeles, the fight [ Con Gas N Y 5%s. . 25 103 5 N e 96 96 9 s 42 No. 3 red Winter, gar- iy N Y Canners(c2) 36% | United Fruft (4) 113% over branch banking quickly got un- | Consumers Pow 5s. Ny conta 5 103 3 g . spot, 1.33%. Pag lots sold at wHEAT PRlcE LUWER Congress Cgr (3} 50 9 49 | Ny Central (7). 13 {1341 134% | §'S G I P&F(10) 211% der way. The foes won the first tilt, | Cuba Capecv 78 9 4% e achom:- 8 4 108 range of 1.20 to 1.5 Con Cigars (7) % | NY Chi&StL(11) 193 | 1§ Distributing 52t which was merely a test vote, but|Cuba Canecv8s. 987% 984 B ,(,&S”‘ digen 5 96% ¢ 96% | Corn—Domestic, No. vellow, 853 Consol Cigar rts. NYCESIL bf (6) 102 |y S Hoftmn 3% 57% H showed how complex the situation | Cuban Am Sug 8 8 NYCI&StL 5145A. 315 103% | 2 B -Xport, no quotations; X ON AcT'vE SELHNG Consol Distribut 21 2% 2! NY Dock 33 3 | e ohe. 75 _ real The test vote, which called | Denver Gas 5 5 9 o 96% | NYChI&StL 534 sB. 3 3 %13, spot, export, no quotations. Consol Gas (5) 61 | NY NH & Hart.. 4: dosg | DS . for the ratification of the McHFadden |Dery (DG) 7 > p New Haven c d 6s.. : 315 103 es, bag lot of yellow. delivercd i Consol Textlle. . - : NY On & West. . 24% | 7 § Rubber figy‘ banking bill without the Hull amend- [ Det Edison 58 0.1 4 4% | NY Ont W 1st 4s.. 3 F 5; bag lot of mixed, delivered at ¥ € Cont Bakg A (8) 66 K 4 NY Steam pf(7). % 102% | ' 8 Rub 1st (33, 108% ments, was overwhelmingly defeated. | Det Edison ref 6s. . N Y Rys 6565 9 2 5 5. N 5 General Fair Weather in Canada | Cont Baking B.. 9% | Niag F pf (1%). i 28% | 17 § Smelt (3%). 35% In arguing against having the Dodge Wi6s...... blcgts B Gl L Oats—No. 2, new, 56 per bushel; No. E Cont Bak pf (8). ¢ 9 9 Norfolk South... 3 39 |ySSmpf (3%). 48% sociation indorse the McFadden bill | Dua L & P 5%s 49. 5 | Nor & S gen s 54.. 15 % 8 43, 51. b Leads to Downturns in Cont Can (16) .. 5 5 Norfk & Wn (13) 162% o . without the Hull amendments the | Donner Steel 7s. Norfolk & W cn 4s. g g F I . 2 export, spot, 1.03al0t U S steel (7).... 148% Cont Insur (6).- : North A (B2.40). 52 | U's Steel pf (7). 127% % | Committee of One Hundred, through | Duquesne Light 6s. 59 Northern Pac 4. .. 9% 89% 89Y | per bushel. Values Today. Cont Mot (80¢) . K 7 North Am pf(3). [0 s 2 its spokesman on the floor, called into " 4 4 Hay—Receipts, 514 tons. The ranze 2 3 s . ‘ ’ Universal Pipe.. 19% ! 5 into | pe¢ Cuba Sug 7%s. o . q y Corn Prod(t2%) rAm Ed pf(7) 5% 95% | Univ Pipe pf (1) 70 action_Otis Wingo, member of Con-|pmoireG & F 73%s. 13 101 t 5 of prices on good hay and clover Cuba Cane Sugat 9 North Pac (5)... i W TT%| Ut PELLA (e2). 30% 30% gress from Arkansas and also a mem- | Goodrich 614S. .« .« “ore & e e, 4 ixed and timothy is from 2100 to By the Assoriated Press Cuba Cane Su pt 434 3 | Norwalk (80c).. % % 5% 4 %|ber of the House banking and cur- | Goodyear 8s 1931.. Ore Short L rfs 4s 9 E 5.00 per ton, and there is no surplus CHICAGO, October 5.—Active sell. [ Suba Co (oo Ol Well Sup (2) Sal| e ) e 10 | cSieyicommitics. HOlCTUGSIGc ENCO | oc s dar AR 1845 18 1RO G G0 DRI GreHniEog thaiheties qualiles otitinis b G han- . 4 - v address the convention. In discussin 5148 : 5., 33 9 ¢ 9 thy. Low grade an er hay ing {ront fmporiant s together | UV 0w Sug Oy Hos (3203 3" 13" | VilCaro Chem. . 10 o e ke et Ol R (et T Fennsy1 gen 5 | Pa o defintte masiet. valtie, it being £5 énirp eariy pries downturng | Qudanay Pkg(8) Y 3 Ooneihsim (2 S s s 61% v -CarCh 6'? ;’f g;‘m _|amendments were eliminated, then | qjjinots Steel 4% 0T% 9% 9% }".'“““}2, 64..... 0 1 more of a question of finding a buyer today ~during the early CHIEEL B - Otis Elevator (6} 116% | V2 o e there was only onc supposition—that | rp¢ Mer Marine 6s. Al Bl for such stock. dealings. Houses with E n e Davison Chem.. 33} 3% | Otis Steel A A S v & 2 the Senate amendment was f’t‘m“}:’- Int Paper 53 47.... Peoria & E inc 48. . 25 Dairy Product. nections were largely on the selling | Deere&Co pf (7) 4 Owens Bot (14). 21 . Wabash........ 42% tnd :rL was h‘: mto!‘mj(‘u:r.xivn that the | n¢ paper 8s. Plre Marq 15¢ b ’ %| Live poultr oring chickens, dide of the market. Opening % to |Del& Hud (9).. pacifclGag (8, 18 Wabash pf A(5). 75 ) Senate amendment. would perpetuate | ing T & T 5%s. .. Ma uonies SO0 s, *w off, wheat soon underwent a|DelL&Wn (t s EaclieCas) 1 Walworth (1)... 15% 4 | branch banking instead of curbing it. [ Kan CP&L 6 A 52. eghorns, 20az3; old hen: further setb: ' nalpro.| DG VL BL - e 138 138, | Packard (12,000, 5 | e B : Bank Loans Gain $136,000,000. | Kan G & E16¢52- : s e s starting | [ 8 R (2.40) 4 35 ¢ | Paige Mot(1.30). 1 15 \v::ner“flrgs . 56 The Federal Reserve Board's condi- ¥ g b line and then contin: Dodge Bros Gl A 26 1 | E O Neisrén nios 50% ¢ | tion statement of 634 reporting mem- B ciies Snproved eondiiions for e | DOORERE T - B i Pan AmWiB(2 Weber (4) 55t s g os S NamER L ower Dome Mines (2) Panhandle West Maryland. 12'% 12 tember 29 shows increases for the | Ficoete & M 5 dian cron movement. lower i | pupont (14).. 350% R 5t | et Md 24 pf : v week of $136,000,000 in loans and dis- | [{EECH & Myers s tations at Liverpeol gave an ad- | pyquesne pf (7) % 114% S B West Pacific. 2l counts, $13,000,000 in investments, | ;" \iiard (P) S .. vantage at times today to wheat | - = _* | Park Utah (60c). Westhse A B (1) wm 4 % | $104,000.000 in net demand depositsand | "0 ard (P) 75 .. ~ here. In this connection Brit- | Eastman (13)... LU LRI 8 N etinghse (1). 69% 6 39,000,000 in borrowings from the | 'OVt UG & 1 55 52, flour millers were represented as enick & Ford. . 5 Federal Reserve Bun Member 7 ing provided for their immediate | Penn C & Coke.. Weston Ele *|banks in New York City reported in- | Manati Sug sf 74 needs and as being unwilling to buy | Electric Boat... A s Weston £ Ll h e | enses of $107.000,000 in loans and | Mid.Con 8%s 40... thead excapt it concessions. * | Blec Power & Lt 17 Penn-Seab Steel. “heEl&{",r:f discounts, $9.000,000 in investments | Midvale Steel b O ther hand. current advices | E1C P&LpHT) 9 94 9 9 Peoples Gas (8). Wheel & LE D 5 and $126,000,000 in net demapd de- | Montana Pow n th 5 nt advices L o 40 B White Eagle (2) 26,000, mapd de i said B w importers must con. [ EP&LDE 40% ¢ ; ParoMarg (18) White Mot (4).. 55 | posits. Mor's & Co st 415 e efly o et ¢ Refrig (¢ Pere Marg pf (5) o 5 p N Y Edison 5 tinue. depen: efly on North | jlec Sto Bat(16) 374 | pere M prior(9). 5 2 | White SM pf(4). 60% 60% 1 Clearings Above August Total. [} ¥ Eiton 6165 Ameri vheat until about March. A 251y 8 5 | Phila& RC& I Wickwire ctfs. . 5 | Bank clearances at 126 cities for| Ny G E L H&P 4 t was ol e | Mt 1S Philip Morris 22y 23 | Whllys-Overlan . 21%1 September_are compiled at §39,326. | N v G E L H&P 55. exportsof wheat from July 1 to date | prren-Br pf cfs 8 5 { Philiips Pet (3). 47 54 | Wilson & Co. 2 4 ¥ 1203,000 by Bradstreet’s, a gain of half | N y Tel 4%s - s iestimnted At ab aMuci 85 4004 gmna Jolin (b). 6 5: | Pierce-Arrow... 2 2 Wilson ptnech o 2014 | Of 1 per cent over August, but a de-| NY Tel 6s4l S0 bRBRls andiaiat 1y LRI gnrs PS p(1) 94 | Pierce-Ar pf (8). 21| Witson A (newd. G0 (2% | Crease of 1.6 per cent from September | N Y Tel 6 49 Shippir rard vessels are to be put sitable pE (T) 214 12 21 | pterce Oll $ Woolwtl e %5 |last vear, which had shown a gain of | North Am Ed 63 re of in- | prie R R.. 37! 6% | Pierce Perolm. . 2 5 Worthn P“"“" 61 33 785 |12:8 per cent over:the same month of | North Am Ed 6%s. d S . 3| Pitts Coal.. . ... Worthtn A (7 5y, 9% . 99 go% 11924 New York Cit clearings for | Nor Ohio T & 1. 68. Ll el i 2 o0 5 i Pitts Term Coal. 3 ‘«\rlzh,;_{\:;‘(’:h 6 - 6 § 69 |the month were Szl,‘.’so 019,000, Nor States Pow 55. S 3 . 53% 83 312 | Pites & W Va(s) ;-’:;;“ 5o, 334 329 324 — R Nor States Pow 65. e e D ckeaiD) i 101 | Yeliow T U35 104 104% 1004 10413 | PRICES ON PARIS BOURSE. | PacGas& Eie. ‘airbanks Co. .. 3 d Pr St Car p! 86 86 86| 36 PacT & T 15t 5s.. e B . I'rod-& Refiners. Youngstown (4) PARIS, October 5 UP).—Prices were | bac m & T b8 62, ekt b i 21 3 3 Hourly Sales on N. Y. Market. [heavy on the Bourse today. Three | pan.Amer Pete 6: AALight(®1.40) 32 2 puns I ot (D). 11am. 681,700 2 n..1,269,700 |per cent rentes, 47 francs 90 centimes. | pan-Amer Pete 7s. Jred Min & Stielt Pullman Co (8). 1 am 1573400 . 2pm1852400 |Exchange on London, 171 francs 35 | pila Co 5% 5 38 - 4 5. | Punta Aleg Sus. 5 centimes. Five per cent loan, 53| phila Corf6sA. sed Min pf (7). Py 9 o4 in tl = e me ‘T”.s\,“ 2 3313 | Pure Ol (1. ar \hecat :‘1.'&;'&‘.;':;.:3‘:..;’%;:3,"::‘5"".{: francs 10 eontimes. _ Tie dollarwas | phila &7 C & 152 BUTTER LOWER. Pistra i 101 " | Radio Corp i ‘d‘,."',.:.%‘ii'e‘fé\{e 'Tf-gm T e Aasedia 30 Eancas (e Tes. e Ao CHICAGO, October 5 UP).—Butter— | First Nat S(1%) ‘1”. | R p'f( (‘?7‘ B dendr iy ":'Jw"‘l"v‘?.mv exyra. APasable Pub Serv Elec receipts. 13,031 tubs. creamery, PEISK RUURSE. -+ g - "| s o {5 cgimen siock. {ElL instock bava: DRY GOODS MARKETS. e SR anrds 498 firs Fisk Ist pf (7). 781 | Ray Copper (23¢) le quarterly. §Plus i ook, aPad W gt e e e standar 3; extra fir Fletschmn (1214) 47 | Reading (4) sy | this vear—tno rekular, rate, PElus 0% in| NEW YORK, October & (Special).— | Punta Alegre 7 sts, 38ad0ly; seconds, Hounation (8): 86~ B 514 863 | Reading rts . sock P ,, ;b‘p";h;":'":;b Print cloth markets were quiet today | Remingtn Arms 6. ,5, iy at 7c for 64x60s and 8c for 68x72s.|gharon St1H8s... New Bond Issues i © YORK, October Today zest bond off 0000 for the Cleve tric Hlumin : Co., gene mort guge 5 per cent honds series n turing October 11961, by Dillon eud & Co., priced at 1021, to vield abou 4.85 per cent. The proceeds are to In used to reimburse the treasury of tie company for expenditures alread made for betterments and extensions e tagaSan —emte Un Bag& Paper. Un Carbide (5).. Readine gen 4%5. . Rio G W 1st 4s.. RIATk& L4%s ¥ R1 A 4 Kggs—Receipts, 907 cases: native and nearby firsts in free cases, doz, offered 40241, Butter—Good - Ih., 42a47: ]rlnl' El blocks, 46 lndlesg 32a33; rolls, store pi S StL& S Fpl6sC StLSWIstds.... StLS W eon 4s32. £ Tn Dep 5s. % San A & Arn P 4s Pay Seaboard A L 4s. .. abie Seaboard AL 4s sta 3 7 Bleav S AR ARE =G B B | Seab A L. con 65 9 Seab All Fla 6 941 9 Lo pt Sou Pac 4s 29 4 at Dt 'Tat b Sou Pacific ref 45. . ¢ Southern Ry gen 45 19 Sou Ry con 55 9 1 { Sou Ry 6s « 3 | Southern Ry GV’ Toocoocton 3 uz-—-—-:,a»—fi»v-;a ~%e ooccc Tide Water Nov i5 Nov Ungon Pac 1t 4 TREASURY CERTIFICATES. Union Pac 1st 8 9 (Reported by J. & W. Seligman & Co.1 Union Pac 45 27. Union Pac cv 6s. . i Virginta Ry 1st 58. 3N W, Va Ry & P 58 9844 2|30 g Wabash 1st 5 1125 Dee 15,1 Wabash 5%575.... > | West Maryland 4s. E SILVER QUOTATIONS. LA gL £ NEW YORK, October 5 (®). -Bav V' 4s.. 10 Mexican dollars, 43%. 4 Higher; recelpts, 6, Fox Film A (4) . 7 Reading 1st(2) in cash_or "° Wh L E 4 R 5 - &LEf 41%s 10 cases; firsts, 3sa3¥; ordinary frsts | preeport-Texa 29% | Reading 2d (2).. S ek Raw silk was steady and unchanged | ginclair Oil 68 A - Cent 4 Money may ut itanever give: “8a34, e po! . 1299 4 . o "-‘wx &u n vl - G P lan rOil6s.... 101 isconsin Cent 4s. 1 uéeu“? .n;:) talk, but fta . a- ..i'.?..