Evening Star Newspaper, October 11, 1926, Page 26

95 "% FINANCIAL- THE EVENING STAR, WASHINGTON, D. . MONDAY, OCTOBER‘ 11, 1926. FINANCIAT. : CHEVY CHASE CLUB BOND ISSUE [:B ] STOGKSINRALLY ' [ew YoRK STOCK EXCHANGE | |5V crintok et EXCHANGE! -2z _BONDS moex s LIQUIDATION ENDS I Open. High. Low. Close. | 2 Open. High. Low. Close. UNITED STATES. T ‘u:;l High. lo' cg:e‘ IN BuNn MARKEI |N '_A]-E IRAB'NG Adams Exp (6). 120 120 119 119 ‘:::::;tg.ua;bse;w.) 29% 29% 29% 29% Lanston qunoty]?e Leader on Washington (Baloe aro 10 S1000.) | Vertientos SugTs.. 5 98% o ‘.’53‘: Adv Rumley. . 17 17 lb'; 17 L ‘Warner Sug 7s 39 11 60 597 Ad Rumley of. 5 55% | Fleischmn(12%) 45% 46w 45% 46 Ib3%e... 9710020 10017 10018 | & : Ah|m‘::l;¥':)” So B S o | Foundation (8. 84° S5 &5 & i B d Tod 11 il ibistins o o128 10125 10125 G T LU | Air Red T 123% 127% 120% (FoxFimA (). Tl 72 T0% 72 oar oda, —Unusua ule (40 B 19 10018 10118 |y Tnion 6% ‘ .| High- o Barly Weakness Is Largely|ArRatucwncte) 12rs 123w g 128% | forfoma (0, L4 72 1% 72 ¥ 2 et mims s i |Gamuearie | i e i) NG issucs et Mate 23 1025 bedlig ibhe: " Allied Chem (4). Gabriel Snu (16) 33 33% '32% 8214 s Westinghouse 7s.. 4 104'% 1041 104" i Offset by Recovery in | Al Chaim (s. e o sion—Markets Close Tomorrow. Dsake . 110t lom forde |WENMENURI 4 104 dows 104 riglly Changed, But Feel- Allls Chal pf (7) Gen Am Tnk (3) 43% 43% 43% 43% US4Ks52. 25 10738 10753 193 25 | Winchester A 7 7 104% 1041 1041 = Final Hour ':;"a: }.e:mo;-__, e Asphalt,... 717 Ty 7ok 764 _— Youngstn S & T 6s. 10 1087 103% 103% ing Is Better. 5 Amal Lt 7 en Aspl 5). Amerada (3 ... EE e R BY EDWARD C. STONE. Washington Gas s, priced at 102%. e e erciiy RAILROAD. St Am Agricul Chm GenElec (h3)... 81 {82% 80% 81%| Listing on the Washington Stock| It wasannounced that 'hg t’x?hfl"!“; Argentine s. 91t 91% 91% ::f_hl:yn(gin fs.... 3 91 91 91 BY GEORGE T. HUGHES, BY STUART P. WE! Am Agri Ch pf. . Gen Blec sp (60c 11% 11% 11% 11% | Iychange of $450,000 Chevy Chase|Will be closed tomorrow because of | Argentine 6s jAtlantic CL1st4s. 2 92% 92% o2y GE © T. HUGHES. 981 f 98 oan saw|AllanticCL7s.... 1 105% 1054 106% | Special Dispatch to The Star. Columbus day. As Wall Street ob-|Argen v e ey Atl & Dan 1st4s48 1 80% 80% 80%| NEW YORK, October 11.—Quota Am Bank N 1.60. Club first mortgage 515 per cent|serves the day as a holiday, the local [ Argentine 6s A. Special Dispateh to The Star. Am Beet Sugar. Gen Gas A(ell%) 404 42 40% 42 Gen Gas (B).... NEW YORK. October 11.—Stocks | Am Bosch. Gen Motors (7). bonds, dated July 1, 2926, and payable | broker offices will have no ticker serv-| Argentine 6s B. .. B&O gold 4s.. 11 tions for high-grade investment bonds Sigh % Am Brake Sh (6) Gen Mot pt(7).. 119% five vears after date, was announced | ice and will be closed. The Washing-| Argentine 7s B& e not mulorially changel &t the broke sharply again at the outset | am prps 5o Gen Outdr Ad(2) 33% by the board of governors at today’s | ton banks, however, will be open as| Australian 5 B&O opening of the week, but there was today. They continued weak for the | Am Can (2). Gen Ry Sig (15). 79 AL e TG V'S | ysual. ' Austria 7s. g*os an absence of the selling offers which tirst hour, rallied somewhat, dropped | Am Can pf (7)., 2:;:;351 Bros 467 session. Of the total issue $387,000 Liberty Bonds Discussed. Bank of Chile 6%s. B:g; had been so conspicuous in recent ses- off again early in the afternoon, then | Am Car&Fdy (6) Hlidden (2)..... 19% have already been sold and the bal-{ po % S oo T T rivarty bonds | Bank of Japan 6 B&O sions. In other words, while there n the last hour recovered. Am Chicle (3).. uoTBaRe 46 ance of $63,000 are being held in the Sy, Belgium §8. rf imp 6s. ... 3G was no disposition to bid up prices, 4 Goodrich Ru (4) 4615 4 has glven rise to a question among | Belgium 614s. B&OPLEWV 4s.. 1 liquidation by institutions seemed to ently run into at the low . s commit- | Am & For Pow. Am & Fo P p{(7) rket had enough stronger b level to induce profession: 1ed to the short side to cover in their country club's treasury for future use. ‘The bonds are in $1,000 and $500 de- nominations. The present officers of B & O SwDiv 5s cfs 25 100% 100% Bklyn Manhat 6s.. 157 96 9% Canad North 6%s.. 10 117% 117% Goodrich pf (7). 97 Goodyear pf (7). 105% Gothm S H (2%) 56 have ceased for the present. Specifically, fractionally higher prices were recorded for Wabash 5%4s, bankers as to what the Treasury De-| Belgium 7s. 1 .| Belgium 7148 partment will do in regard to approxi-| Belslum 73 > el 0 hour | Am Ho P (2.40). Gotham new 23 55t the Chevy Chaso Club are Willlam D. mately §3,000.000,000 of United States | gordenus 6 - Gl Jn Sl Unfon Pacific first 4s, New York Cen s [Bniaan . Buincena): Toover, president; Henry P. McCain., Second Liberty Loan 4148 now out-|prazigigs. o e SN trif 418 and 6a and Amesican Salt ndid the greater part Am La Fr (1) Granby C: 29% vice president; H, Prescott Gatley, sec: | standing.”These bonds are callable on | Brazi) 7¢ . Cent Pac 1st §s 90 100% 100% ing and Refining 6s. The Iiberties SRThons ess o Hiew: saRons ojiex: | A Tihseea. GriNorth br (55 56 retary, and Charles J. Bell, treasurer. |and after November 15, 1927. Their | Braz) gg = Chesd Devidn,. 83 Tk T e T afinotiaced fhden +that | Am Locomot (8) Gt Nor Ore (1%) 19% The last issue listed on the local ex-|maturity date is November 15, 1942 Chi& Alton 3%m. .. 20 60 oo Washington that the Treasury De- plain the carly decline. To e presents a gilt. | Canada bs 1931. N Grt Wstn Su (8) 99 v vas Chest- a i a8 o y e . ce | Am Mach & Fy.. change previous to this one was Chest-! As a result, the ChiB& Qgn 4sb3. 917, partment was continuing to buy the the “money marke: va» an influcnce | A7 Y4k K T Green Canan.... 20 hut Farms Dairy 03 bonds and i |edge long-term investment with, ot | Canada sk 1982, e s 4 még" third 4145, which is the issue soonest BREIRD woidiicotly, doit st Sact Fuantanamo T short time before that Peoples Drug|the same time, the speculative feature | Ganada 5is1929.. 1 to mature, and that for the fiscal _“\mr'lanupf(‘) CB&Q-TlI 315s Am Po&Lt (g1). CR&Q-Tldiv4 Ch1& E Ign 58 rate on standing call loans was rai from 4% to o per ceiit, but this o smpared with | Am Radtator (4) Gulf Mo & Nor Gulf States (5).. 65% Stores preferred stock was placed on |of an early retirenient. the board. In final analy according to a vear {o date $174,335,600 had been purchased and retired Chile 8s 1941. of no cor Chile 851946 . e I Al el et “iios it Am Ry Exp (8). Hanna 1stpf.... 51 . Is M: bulletin issued by the First National 851940 CH Groat ot is. This hetter feeling did ndt extend R Pnr e ,,,,,L”f,'; Am Safety Tt (0 Hartman B k4 10 i; 3 Lanston Leads Market. ration of ¥ 1d Second E,"‘":;BG;‘ ALl C MG to speculative bonds. These continued R which “turyed the deficit | Am Ship & Com. Hayes Wh(131) 25 o B | Dbexty s e cal ment on| (o e B © M&St P ds 95 ofs, 12 53% H3% to move more or less with st n Copenhagen 5%s. . Am Smelting (8) Hoe & Co A quiet trading on the local board to- . November | CM&SP deb 1% ofs. the loeal tractions the feature was into a surplus of nearly $38.000,000. Cuba 634s. R T = arencon sup- | Am S& R BET) Homestake (7). day as the week's trading began. The 997, they provide a short-term 102 CM&StPEnss. . Brooklyn Manhattan 6s, which at %1, dway through the forenoon aup- | A 8 & R 0¥ (1) Houston Ol issue opened with a 10-share sale at {7 (I HHeV lhmur vield than any | Geeho 7t 1017 1014 101% | 1 € 8¢ 1 5o §ugs. e R Eal6 ana “Z"" T o Buring. and & ] AmSn®ays i) Howe Sound (1) 921, which was followed by a other shortterm Government issue, | CZecto 85 1951, 1024 1024 102% | (afgspeyy lower than at any time last week. along with some new buvin g LG o soRata share sale at_92. Washington Gas|JUReF SEOCLAETa LOverTen . inue | Czecho 851962 ct 102% 1023 1026 | '\ & St P rf 4160, Sales were unusually heavy. On the zood deal of short o - s had been weaker during the | Am Sugar pf (7) ¢ time in three | Am Sun o Jke through | Am T Am Te1 & Tel 8y s Am Tobacco (8). ock, was bouzht below 150, or a de- { Am Tobac B (8). T}n.}}-} 1 points. Am Typ Fdrs(8) n was off over 2, Gen:- | Am Wa Wo c1.20 . while du’ Pont, { Am Woalen. ... s last { Am Writ Pa pf. . week, was deait in below Mack | Am Zine pf. ek svere weak again and so was | Anaconda (3). studebaker. Willys-Overland, under | Archer-Daniels. pressure for a week or more, dropped Armour of T11(A} other hand, the Interhorough obliga- tions were well supported for most of the time. In the ol group Sinclar 7s were a shade lower, but General Petroleum 8 touched par and Sin- clair Pipe Line §s advanced half point. In the sugars Cuban Cane issu yielded and among the mining iss Granby Ts and Andes 7s went lower. Jullus Kayser 7s gained half point. ® | Speculative rails were irregular, with Chicago and Alton 313s and Denver and Denver and Rio Grande West- ern s lower. CM&S 1ud Man pf Hudson Mo(316) 5m4 Hup Mot (1.40). 21% Illinols Cen (7). 120 Indep OI1 (1)... 24% Indian Refining. 8 IndianRefg ctfs, Inland St (2%). Inspiration (2 Interbor Rap Tr. Intcontl Rub(1) Internat Agri... In Ag Cprpf(7) Int Bus Ma (3).. Light sold at 70 and an odd share of [ {10 CVErS O e el e Y 5 lecte quent to November 15, h Munic 85 A. Washington Raftway and Electic|1927 (ot having been called), the fuli| Danish Munic 85 B. preferred brought €0. The markt!vield of 425 per cent then, Is much | Denmark 6s. ClosSIN e ransaction 0|5 000" than any other Government|DEI5t%s Mch 5 = | i55ue cither of short or long maturity.| DEIn5%s Nov 53. 7 Gas Officials at Convention DULCHEEN [oeeT 1. 9 37 39 bt o 5 Dutch East I 6s 62. 2 ;:T;::,;??;). g; iiw 91 92 Representatives of the Washington | El Salvador 8s 48. Pullman Co (8). 174% 176% 17216 176 {Gas Light Co., headed hy President 5.'«23223:}.’,;'14. Db DT 105 100% 108% 105 L 0ra Preston, left today for Atantic | pranch 7a. ... Pure O11 (9).‘!: 26 City where they will attend the meet- | French 7t%s. 2% ings of the American Gas Association. | French 8s e s Others in the party were James §.|German El 11 1 110 110 103% 103% Stocl first_hour th: months. 141, where it was off n 106 105 105 |ChI&NW 4%s 1987. 40 105% 1047% 1047 [ Chi & NW ref s 107% 107% 107% | Chi Rys5s. .. 99% 991 99% | Chi RT& P an 45, 93% 93% 93% | Chi RI& Pref 4s.. 92% 92 924 | Chi Unfon Sta 5s 44 Chi Union Sta 61¢s Chi & W Ind en 4s. 6 C&WI5%s 62 mrpalan®momn - 3 2 3 S & [P e Radio C pf (3%) 49 3 iyseE = G £ S Generally foreign bonds were firm, below 20 for the first time on the pres- | Armour of Il1(B} Int Cement (4).. 49% Ray Copper(25¢) 15 Mcllhenny, engineer; George M. Whit- | German Z;an g&: StL& but there were one or two exceptions, ent movement. Arnold Cons&Co Int Cement pf(7) 102 Reading (4)..... 804 well, asslstant secretary; A. Gray | GerAgr Bank - e StLrfesA. among_them Commonwealth of Aus Raflway shares wont down with the | A8%0 Dry G(23) Int Com Eng (2) 41% Reading rta..... 1814 Dawson, second assistant _treasurer; | Ger Gen Elee 7s ! G R tralia s, which were in supply rest. At one stage Atchison was off [ ASS St(6). Int Harvstr(6). . 130 Reading 1st(2). 40 H. Hoar, T. B. Hopper, W. Sl Yo Tern bide: Atchison (7).... a_point and New York Central and | {EHE00 () (‘hesapeake and Ohio more than a | Aichison p(5). point. Union Pacific touched a new At] C Line($9%) Haliti 6s. ansdell, J. R. Dean, el “‘{ff”‘lliungkof a5’ | Holland-Amer 6s. . 10 % s0° 89 |Cowe Sou 4145 R. McQueen. Ttaly 7s... 91% 917 | Cuba R R 5 Inter Har pf (7) 123 IntMtch pf(3.20) 61% Int Mer Marine. 6% Reading 2d (2).. 421 Real Silw H (4). 49 Reid Ice Cm (3). 42% WHEAT PRICES RALLY p a , the - Int Mer Mar pf.. 82 T 2 Recent opening of the Washington | Japanese 4s 89% 895 | Cuba RR 71 Shfpiil r:fl,:\“‘::]lm‘:“I:Pl:‘:\}\ml\:‘holrl’ RGN Int Nickel (2)... 35% R oo public I O e copiloer | Tatmicealelisi. 1o 82) 98k 98 98" | CUBENRew 66 rallway llat was selling below whoeo | At Guitawl pf. Int Paper (2) Bate RenTra Stl (6. b6 ation of the school savings plan for | Jergens U M 6s 47. 2 107% 107% 107% | Del & Tud 1st rf 4s 5 UN WINTRY WEATHER / Mghty. favorable August trafic Te | Arsedene s, Int Paper pf (1), 96 9 Reynolds Spngs. 7 the coming venr. Tt i expected that [Lyon6s........... 8 871 87t 87%| Del & Hud cv a3, 3 f puits. Teople who had been so san. Au;fi,fi".‘;chm Int Tel & Tel (6) 116% 117% 116% 1164 | Rey Tobso BG) . 108% the usual efforts will he made to teach :{:;:;;gx.ess“s‘ iig 1L 8T STW ST Dend RioGoends. b o o % 8y 8y e Robt Rels 0. . & the children thrift even they are too a . 27% 27 7 0 G Imp bs. . guine about :hu .utq(rll‘f;r:;nlnl‘i:_?n(\ll‘l; Auto Knitter. ;D::sl g::s- ens :lai,. alaz’. :146:: B TlCer . 8o e Catart on the oftmentloned | Mexico 4s 10 asntd DRio G West 5s. .. 4 Canadian Threslung I.:kely to Be I to conceal disappointin Baldwin L (1;“ 11T% 117T% 116 115% % &3 | Royal D (a3.078) 47% road to independence. In his report | Montevideo 7s. Erle 1st cons 4: Delayed Good Deal by Rai } action of these stocks. - weak | Balto& Oho () 101% 1017 100 100% [ Kan City South. 43 43 42 4zia| 00 "0 50 for last year, F. G. Kimball sald that | Netherlands 6s 54 Erlegends........ 1 clayed Gooa Teal by Hains Tndustrial shares were very o | Balto & Oh pf(4) 734 734 Kayser J (3) 41% 411 41 41% B:J’ !Y‘ ‘; L.(v) 29% the degree of success attained varied | Netherlands 6s 72 Erfeconv4sA.. d Snow. for a time, then they had a parttal g o0 A (3), 0 40% 40% Kelly-Spring 9 10 91 9y oeen = sults were discourag- | Nord 6%s. . Erfe conv 4s B... SIS b widely. Some 5 ing, others fair apd some eminently A‘{orway5fiflq~ gratifying. Some of the schools in | Norway 6s 1943 Kelly Spring 1st 56 56 56 56 |StL&SanFr (1) 951 Kelly-Spring pf. 464 46% 46% 48| StL&SanF pf(8) 90y Erfeconv4s D.. Erfe Genessee R 63 rally. United States Induslr.lal Alco- Barnet Leather. 47% 474 hol, Postum Cereal, New York Alr|parnet Leathor. oue o0 Srs ieie ; z L west. 62 i res i Brake Arms were all | porncoo B () 247% Kelsey Whi (6). 86 Bt L Southwaes! Norway 6s 1944 FlaECbs 74 By the Associated Press. v r . : < 2). Arm 0 less favored neighborhoods were | N 44 A ECGST4...... 7 ¢ o 3 lower. Radio Corporation, below Belding Bros(3) 304 Kennecott (4).. 60 g:“l’:f&(;, o im well to the front. He said that active | Norway 6s 1052 Gr Trunksfdb 6&. . CHICAGO, Octol 11.-Rains and snow in the Canadian Northwest ral lied wheat prices today after down *[turns at the start. It was indicated that Canadian threshing would ba de layed a good deal by the wintry weather. Opening ! values soon began to show oats and provisions were also relative Iy firm, corn starting at 1 decline to % | 's advance and later rising all around to well above Saturday’s finish. +| _To some extent prospects of delayed threshing in Canada on account of in were offset by advices Canadian farmers have al - threshed about 200,000,000 bush Kinney pf (8)... 87 Kresge SS(1. Kresge Dept S.. 29 Lago Ofl & Tran. 197% Lambert (3%).. 6% Lee Tire& Rub.. 8l Lehigh Val(3%) 8414 Leh&Fink stf(3) 344 Liggett & M (4] 91 Lig & M B (t4). Lig & M pf (7). Lima Loco (4).. Liq Carb (3.60) . Loew's Inc (2). Loft. Orient Dev deb 65 Paris-Ly-Med 6s. was off 5 points from last Biothiehss Stesl s high. Commerclal Solvents B, which | Beth St1 pf (7).. 103% 103% had broken more than 13 points 1ast | Rloomingdale. .. 32 8215 week, went down etill further. The | Booth Fisherles. 4% 4% 1 decline continued in Coca Cola, fol-| Booth Fish 1st.. 34% 36 lowed by a moderate recovery later | Briggs Mfg (3). m. BkInEdison (8). Baldwin Locomotive. which on ac- | Blkn-Mn Tr (4). ocount of its small floating supply is | Bkln Un G(11). capable of moving readily and in both | Brown Shoe (2). directions, succumbed to a small | Brunswick Balk. amount of selling. Westinghouse | Brunswick Ter. . Llectric was down nearly a point. Burns Bro (10)... 1 The market was very irregular in|BurnsBrB (2). e Gieneral Motors | Burroughs (14). the late afternoon Lot BT Grand Trunk 7s... Gt Nor4%s 76 D. Great North bs. Great North 51s. Gr Nor gen 7s Green B & W db B. 215 Hud & Man ref 53 2 teacher Interest Wwas vital factor In the results, this enthusiasm giving the i " v as i Paris-Ly-Med 7 pupils many: new ideas of thrift. STy reds Hard Fight Predicted. Peru 71s. Washington bankers predict a hard | Peruss. ... >, 40 fight in Congress over the McFadden | porand 88 banking bill when it comes up at the next session. The vote on the bill at | Prague 7%s. ... the bankers convention was far from | Queensland és Queensland 7s . decisive. Ti. 1I. McKee, president of el the National Capital 'Bank, urged | Rhinelbe Un7s .. { dropping of the Hull amendments in | Riode Jan e 1946. forder to prevent another deadlock in | Rio de Jan 8s 47. .. Schulte pf (8)... 118t Seaboard Alr L.. 29% Seab AirLpf... 33% Seagrave(el.20). 13% Sears-R (n2%). 53% Shattuck F G(2) 56 Shell Un (1.40).. . 27% Shubert The (5). 62% | Simmons(12.26). 82 Simms Pet (1).. 18 Sinclair Of1 18% Skelly O11 ( 321y Sloss Sheft (6).. 12014 South Port S (6) 110% 110 108% 109 SouCalEd (2).. 80% 31 307 31 tRo~d~tenreSernid anwmweBaent e 111 Central § 4 I1-C-C StL&NO 55. 1 Int Rap Tran 5s... 30 Int Rap Tr 5: 2tod. Int Rap Tra Int Rap Tr’\n dropped below 150 again. Atchi y Loose Wile: Sou Dairles A(4) 46y 4615 46 461 | Oer 10 P! 1 banks are up | Sao Paulo 85 1936. E 5 i g 142 \as off aimost 20 points from its | Butte Copper&? Lorillard (§2) . SouDalrles B... 22% 23%, 228, 2an, | COMRTess. The natlonal banks uve UP|g,; paylo 1950. Sl ERD el Tl record high. The Street was no longer | Butte&Super(2). Loutsiana Oil. South Pac (6)... 104! 104% 1031 104 it >\'fle\\l n nnl_.u:‘(:ntnlg;'h: For el it nnu bushels. The growers' pools in al Butterick. LouisGasA (1.75) Southern Ry (7) 117% 11T} 116% 1167 » he told the convention. Rig Canada are said to have taken 65 per 24 Lou&Nash(16%) 129% Ludlum Steel (2] 31 Seine 75 42. .. Serbs Crot Slo 8s. Iking about a stock dividend. It was * g instead that Atchison had | By-Products @) been selling too high, measured by its | Calif Packg(4) after the bankers indorsed the meas- ure without the Hull amendments, E. | Ser o {N. Baty, seeretary of the Committee [ Swedenbizsct. Centiaf the receipts so far. Kan City Term 4s. oL, i Notwithstanding that continuance Lake Shore 4s 28. . Splcer Mfg..... 22 22 213 21% StdGas & Elgd. 53% b53% 52% 53 Sterling Pro (5 Stewart War (8 Stromberg (6 Toklo 5s. . Utd Kingm 5138 2! Utd Kingm 5%s 37. 20 American Can, following the familiar | Can Dry (c2%). precedent of a split-up stock, dropped | Canada Sou (3). 21, points before it had a partial | Can Pacific (10). Man Ry 1st 90 Market St 7s 40 65% 65'% 65% 9Ty 9% 94 Magma Cop (3). 37% Mallison & Co... 16% Investment return. Southern Railway, | Calif Petrol(2).. MeCrory B {1.60. 731 SAG&EIpLM) B8l B6i BBl 55% | ¢ One 'Hundred, which favors the | Sweden 6s Vo e ) B L Kl ;;:?r‘o;:\rlll:i;ll‘:rn:xnnlflml: responding to the coiton situation | Callahan Zinc, ¢ Melntyro P (1). 23% S oCa - 51 {Hiull amendments, said the struggle | Swiss 53 1948, e 008 L L0 o s | breventing & free ‘outlet for gratn was down over a point on the day |Calumet T AMack Trucks (6) 101% ) would be taken to Washington and the L S - S G o1e 108v | from North Amerfca, the amount of and 15 points from its 1926 top. Calumet&H (1% ) Macy HR & Co.. 113 Sl G [figure pushed to a finish. Toho Elec Pow 73 R L T s (i ccenti b . el awel today to be larger than a week ago ear back. On the other hand, ool dispatches said the outlook Other Financial Notes. 104% Mil El1 Ry & LL 5 a5 Utd SteamCopen 6s 8 88% 881 B88% | \ro qt T, 1at of 4. 6 97% 9% 9T Man El Sup (6). 52% | . The Federa] Reserve Bulletin issued Case Threshing. Man Elm g (D5) 48% Studebaker (5).. 5 i e b ¢ Case Thr pf (1]. 110% Maniia Bles (25, 437 Sl 4| for October, states that “during thel i gusyigs... ... 11095 1006 109 | 5esio g saaven i for smaller shipments to Great Central Alloy(2) 31 it gl Sun 01l (11). sent autimn the demand for bank e ANEES N Britain and for a scarcity of offers. : A - ¢ for Oil. credit is influenced by the fac s it L Market St prior. 42% S prices for leading farm crops are lower MStE Sweets of Amer. Symington. . 84 than a year ago and that total vields Symington A(2). 16 16 16 16 |for most leading crops except wheat ol o i are expected to be smaller than last Martin-Pary(2). 21% 21y 20 20 |TennCopper (1) 1l 114 I1 11 {year, Commercial stocks of some im- Am Agri Chem 7 5 1041; 104% 104" < Am Cotton O11 55.. 15 941 9a1y 9any M K& TIstd Am Smit & R 1st5s 10 101 100% 101 ;“ I(&Tn;ij ’:n Am Smit & R 6s... 1 108% 108% 108% | ) G Cent Leather. 8% Cent Leather pf. 57% CerroDe P (4).. 63 Stocks irregular; | Certain-Toed(4). 42 Market St pt.... 20 Marland Oil (4). 53 Marland Oil rts. 5% YORK (#). present autumn the demand for ‘h:mk{ i AMK&TprinbsA. Tnited States Steel at lowest in [ Chand-Cleve.... 13 Mathieson (1) .. 76 76 76% 5% |TexasCo (3).... 52 528 521 52% | ; : Am Sugarref 6s... 9 1041 104% 10414} y¢ 1o g 1 gg ¢ 2 S : * : . 2 214 52% | portant farm products, however, car- 28 98% 98t 98 R e o e ttinine: May DeptSt (5) 188% 1864 132K 188, |TexasCoot ). 82w Baw 62 624 Fled over from Tust séason and con.| A T & ol te be.s 10 10315 1014 1021 M Eacilopen (u apr, o7 :‘ apt steady: award of X ea @ “hes 2 Mayts 2 221, 22% 21% 21% | Texas Gulf (n).. . 415 42 - S - oot oS Mo Pac 5s 19 %8 ia Arouses interest. Foreign exchanges | Chi& East T pf 42% M:i’,cf“cs",éb; s ‘8% ‘i 8t |Tex & Pacific... 49% 497 49 sy | ANUINE to require financing are larger | Am T & T8 5s.... 44 100% 1005 100% 10515 10425 10313 than at this time a year ago. AmT & Tdeb5%s. 15 106% 105 105 | Mo Pac8sddD. The North American Co. announces | Am Water Wks5s. 65 97 97 97 0 Pac 6s 55 E. that the Big Meadows Dam on the | Am Writing Pap6s 1 58 58 58 |NassauFE Ry 4s57. Feather River in California will be | Anaconda 1st 8s. .. completed in December, which will in- [ Anaconda cv db 7: O Tex & M s B. {crease the system's storage capacity | Andes Cop 7s rets. 1051 106 |NOT & M5%s |in Lake Alamanor from 300000 to| Armour&Co 4%ss 907 91 |NY Cengen3ts 1,300,000 acre feet, making this the | Armour Del 5. 03% 931 | N ¥ Cont 45 98 Tob Prod A (7).. 113 114 largest water power reservoir in the | Associated Ofl 6s . 10215 1024 | N Y Cent deb 4 ‘Pranscont Ol 3 35 31 r, | World. Y Atlantic Refin 53 2 1001 2 8 3% 8% 3%, gales of the 10 leading chain storves 9 i Underwood i4).. 5 51' 5l 51% . for the nine month's period ended | Barnsdall 6sctfs.. e 0o 1022 102% rally to 1926 high. [ Chi Great West. Cotton firm:- h rain _Southwest. | Chi Gr West pf.. Sugar : N ~ Coffee | Chi Mil & StF.. barely steady; Buropean covering. Chi Mil & St T p1 C Mi1& St P ctfs C Mil&StP pf cts Chi & Nwn (4) -+ Chi & Nw pf(7 Chi Preu T ( Chi R1& Pac. . CRI&P pf (6). CRI&PDI (D). Childs (32.40) ... mixed; Ttallan 1f Tex&PacC&O 13% 13% 131 13% The Falr (2.40) 28 Third Avenue. B Thompson(3.60 Tide Water(1t;) 28 Tide W Oil pf(5) 90 Timken (5).... 64 Tobac Prod (7). 109 Mid-Continent. . Mlid-Cont pf (7). Middle States. id Stptes Ofl of Midlafid pf (£12) Mis Kan & Tex. . MoK & T pf (6). Missouri Pacific Missouri Pac pf. Montana Pow (5) Montgmry W (4) METHODS INTEREST. YORK, October 11 (®) European business men are showing intense interest in American methods of merchandising. suvs Phillip W Haberman, vice pr nt of Commer- cial Investment 15t Corporation. Returning from a two-month surves covering the more important uro pean countries, he asserted. install- PP CHICAGO.—~Wheat huying. wn highe bollish Government steady. Hous ¢ firm: Y Cent deb NYCentLSel2 B UnBag& Paper. 44 [Fd5 44 44 |Beptember 30, 192 aggregated | Bell Tell Pa 5s B... PW=1c Moon Mot (115). Un Carbide (5).. 90% 90% 89% 89% | $394,533,635. This total established a | Bell Tell Pa 6sC. & Chi&StL 51:5A. ment selling was pursuing a steady. S{::'fifi:‘;‘(fl‘@,f,‘, R:n:hrfiog(efisoc)) UnOil (2)...... 524 52% 5115 525 | new high record for any similar period | Bth Steel pm 5s. o0k gt | NYCRI&SIL 51498 normal development. ‘“There is now E 2 | Motor Met (3. 9 ¢ fi .. 168% 5 istors: . Beth Steel rf 5s.... Un Pacific (10).. 158% 159% 1674 158% |in the history of the country. The Beth Steel 5% 53, Beth Steel 63...... Brier H St 1st 5138, a very wide consideration of Amerls can methods with the view to adapt them to European conditions in an endeavor to bulld up their homa 2t | New Hav deb 45 57 /, 133:’; Looee | New Haven cd 6s.. 103% 103% | N Y Ont W ist 4s 104% 104% | N Y Rys 65 65 Chrysler Corp(3. Chrysler pfA(8) Cluett Peab (5). Coca-Cola (7)... Motor Whi (2).. Murray Body. . . Murray Body ctf UnTank Car(6). 116 116 116 116 |total compared with $347,52 Utd Cigar 8 (c2) 93 9315 92 921 | ported in the same period in 1925. Utd Drug (8)... 157 157 155 156% Tmprovement Gas and Electric, American Power and Li @ woman e ve: s g T Bkiyn Ed gen 5s. .. = gan in the second half of the year, Collins & Alkmn Nash Mot (13).. UtdDrg 1st(3%) 58% 684 658% 6581 151% 1511 | N ¥ State Ry market! carried e e latest state- | Collins e United Fruit (4) 111% 111% EDIT DE P Bklyn Union 53s. YW B l,:f.‘(,lg q.,'b_ Col Fuel & Iron. Natl Acme. Utd Papert ”3 18 18 I}g ‘:1 CREDIT DEMAND DROPS. Calif Pete 6%s8. .. 103% 103% W & Bos 438" e o 25 | Nor & S gen 55 54.. o 102 | Norfolk & W on 45 997 9974 | Norfolk & W cv 6s. 101 104 | Northern Pac 3s. 225 orthern Pac 4s. 1063 or Pac 4% 2047 ., Northern Pac 55 D st g g § in August, mpared with § T8 in A # :: ot was still below the total for Colo :mfllhf‘""“ that month in 1924 and On the 1.Colc Bou 155 D other hand, balance after taxes of | Col Q&I ofs (3 $70.392 was the lighest in any of the C"“‘{“‘h&l‘f‘()’ four vears. 12 months ending | Col Carbon (4).. rt':: ?;:%uylzle?(?) USCIP&F(10) 200% 204 200 204 e Cen Leath 85 45 cfs " i 32, Ni 4 Suit 2815 231 22% 22%|US Distributing 50% 50% 50% G50% |Slump Attributed to Smaller Crop | Chile Copper és NIk ) T8 o “|US Hoftmn t3314 52% 61 b2w sau = P | Gol Gas & Fl 68 Nat Dairy (3)... U SInd Alcohol. 68% 69% 67% 68% Movements. Commonwlth P Nat Distillers. .. USInd Alpf(7) 105 105 105 105 Con Coal Md 1st 5s. 7 05 | The Federal Reserve Board. in its Nat Distillers pf 46% 46% 44 44 U S Realty (4) 61% 61% 60 h()', review of conditions made public la: Con Gas N Y 5%s Colo Fuel pf (8) =t R~ " JRT TS FOSUPRTEE -t NN~ P = TG S SHIPMENTS ARE LARGER. NEW YORK, October 11 (#)-+ September shipments of the Endicott. Johnson Corporation reached $8.411.- 9 an increase of §1,037.203 over 101% | September last year. 2 3 @ B 2). & . o 2% 5 = 5s. i August 31 bakinea after preterred S at Enamel &8, 25% 25 20% uh SR i By 13?;%}“‘“"" reported the usual seasonal In- | cons amers Fow 58 Northern Pacrr 1 ¢ % 111% Sl " dividends of compared with e b Nat Lead ( L ? rease in demand for bank credit was re & Callf 1st 6s. . 100¢, i Gom Cr 21 (150) grease d fo redit Was | Guba Cane ov8s. . 2 o%:| WOULD BOLSTER COTTON. same period a year Ore Short L rfs 1s. $627.876 in the Nat Pw&Lt(8 USSmelt (3%4). 34 341 331 33% Com Cred 15t 6% 19% 19% 19% 19% ) 4 33% 47 47 47 47 |less during the last two months than | Cupan Am Sug 8s.. ; ) revious. " 787, Nat Supply (4).. 71% 7114 71% 71%|USSmpf (3%2). . ing the same period a yea 3 Pennsyl gen 4%s. . 97% v P Vit Pover ana Lighvs s | SomSon® (O GG T B | NarTeuch. a1z azni 1z | U S steed (D 12 142 1403 141 | i i Gemmand was atteivated | Dexndtace s i Pennayl gen s i 104% | G —a Southewide conforence. o cot: ment for the 12 months August Nevada Cop (1). O J L 7 to the smaller movements of crops | Dodge wi6s...... 3 SnnayRbeiet-. .. i2 101% | ton State bankers for the puri . : ; % 4 : pose of 31 shows an Increase in Congress Cgr (33 NY Alr Brake(2) 42t 42% 41 42 |USTobpf(D).. 117 UT 1T 11T |4p4g vear, aggregate marketing of | fonner Steel 7 Pennsyl 6% 112 | devising means of bolstering up the ings from $6.511.898 to § Con Clgars (7). NY Canners(c2) 35 ~ 36% 35 36%|UniversalPipe.. 47 a7 184 AT |gorn roducts falling off slightly in | Daguesns Lig Pennsyl gold A dleg cution pricds fhiseah Yo Consol Cigar rts. The im- | Consol Distribut provement during August was very Consol Gas (5).. striki Of the i se i Consol Textile. . amounting to Sl.fl . there was!'Cont Bakg A (8) saved net the sum of $142,094, a | Cont Baking B notable uchieveme Preferred divi- | Cont Bak pf (8). re being covered | Cont Can (16) Cont Insur (6).. E Cont Mot (80¢). Electric makes a re- | Corn Prod(12%) markably & showing in its state-| Corn Prod pf(7). just out for the twelve months| Coty Inc (4).... 30, Peoria & F; inc 4s Pere Marq 1st § PCC&StL5SB15 Por RL&P T%s 16. Reading gen 4145 Rio G West ci 4s... RTIATk & L 4%s. StLIM&S 4s29... 2 StL&SFplisA. 19 StL & S Fpr In 65.195 StL&SF5%sD StL &S Fadj 6s StL &S F inc 6s @ NY Central (7).. 131% 132% 130% 131% | Univ Plpe pf (7) 68'% 69 684 69 & & & - NY CRISSIL(IT) 190% 192 188 190 UtIPELEA (e2). 204 204 20% 203 | AuBust instead of fncreasing. = ot cube Sug 7%s. NYCESUL pf (8) 1024 103 101% 103 | vanadtum (3)... 37% 38 37% 38 {{he end of July and September 22 the | EmpIre G & F 7%s. 1 NY Dock....... 341s 34% 34 344/ yick Chemical.. 43% 45% 40% 45% | growth in joans of member banks in | Goodrich 6%s.. NY & Harl (5).. 180 180 ~178% 180 | ycksbg&Spf(5). 96 96 96 96 |jeaqing cities was about $300,000,000, | Goodvear 851931 NY NH& Hart.. 40% 404 39% 40 |yg CaroChem.. 9% 9% 9% 9% |or which nearly $200,000,000 was in | Goodyear 851941 NYOn& West.. 231a 233 23% 23%|ya.CarCh6% pf 35% 357 351 35% | joans for commercial purposes. NY Ryspartcfs 8% 8% 8% 8%|y, carChpf(7). 8T% 87% 87% 87%| A palance of imports in recent gold N St D L 1os 104w 104 [valronCoal&C 48 48 48 48 |;ovements was described as a factor Norfk & Wn (13) 160% 162 169% 162 | yiyadou (8).... 303 B30% 30 30%!caucing the demand for reserve bank North A (B3.40). 48% 49 474 48Y% 4 N % 8 Wabash........ 39% credit to increase less than in the cor- e amar e ot mae e e responding months of other years. North Pac (6)... 76% 76% 76 76% | Wabash pf A(5). T3% in balance after preferred from $§1,415,807 to $1.86 duced acreage was advocated at a i meeting of the New Orleans Clearing 2 102% | House Assoclation (mlu\' i HOME PB.ODUCTS INCOM}: 9413 | NEW YORK, October 11 () 97 | American Home Products Co. had net 821 lincome of _approximately ~ $502.965 99 | after taxes, for the first half of 1926, 101% [ equal to $1.67 a share on the capitai 97% | stock. o @ CRmom N ann® BuoeeSanano o % Illinofs Bell 1st Gs. Indiana Steel 65 Int Mer Marine 6s. & c 4 increase | Crucible Stl (5). Norwalk (80c).. 5% 5% 5 5 |Waldorf (1%).. 20% & . ci i 3 e : i . Iworth (1)... 14% ¢ 2 StL&SFpl6sC.. b s o [T SN o 4 |QUWenSUD () 30 304 806 34| Ward Baking B, 26 PRICES ON PARIS BOURSE. | Keliy-Sering ez, - 22 SULS Weon (533, 2 SILVER QUOTATIONS. S67. The preferred | Cuba Co (4). 30% 30w 30% 30k |OmOIES. oo I8 e loew 10y | WardBekptf (1) 90 90 80 PARIS, October 11 (#).—Prices | Liggett & Myers 55 18 EREa e OIS L 82| NEW YORK, October 11 (@) bar its for the period | Cuban-Am S 6 Saw 2% gey Duvx BespEcD. 0N ETL & 110 Warner Bros.... 55% 57% 534 06 | oo incottled on the Bourse today,| Liggett& Myerss 5 San A& Arn Pds.. 2 81 er. 66%: Masican dollase % ore than eight times | Cuban-Dom Sug. 17 17 . 17 = 17 | Oroheum Cir(a)- B34 B34 28 28| warren Bros (4) 81 81 = 80% B1 |mpiee per cent rentes, 47 francs 10| Lorillard (P) 6s... 8 Seaticard AL 4s sta. ‘5 80, ity A ‘23 1008 101 | Qe evaton () 115% 115% 114 114 | Wwest Maryland. 113 308 J3% S0y | centimes. Exchange on London, 168 | LoulsvG & E6s82. 4 SeabALretds.... & 2% < th s (8).. 9 . West 9 centimes. Five S 3 5 : S e ‘“"‘““"\‘ 5 “| Otis Steel. . 8% 8w 8y 8| WwestHLin P 330 334 334 33w ltrancs;gfifi e e Defcent iyconelado:.. 5 HGBAL contr... T8 9% New Bond Issues Al the con A N Eower | Davison Chiem... Otis Stlprior(7) 70 70 68 68 West Pacpf (6). 8014 801 80% 8oy |loan, | CEUL G e dol-| yigvale Steel 5s... 1 Seab All Fla 6s. 1 9415 Bl At ronertyieiones | DR (91.. QutletCo (14).. 49 48 49 243 | \est Union (8). 1434 143% 142 143 s eshatotacks rancs 83 cen- Montana Pow bs. ! Sou Pac 4s 29 [ 988, tod “under supervision of Bleetric [ DRI &N " il B°‘“s b o Weatimaiaib, (D A EREH ST AR A S itet. B SowPucifioret s, 7 92 | NEW YORK, October 11 (Special ' efe, stod ! 7 a se (4). % . . - —The 1 of oday was Gl e ‘; DeLrol ECLA ‘2om 23 2o Soo Pac o1 Stubs, N tonmis. len 6% 16w l6n DRY GOODS QUIET Nim o Cille Sou Ry con 68 94... 27 105% | that of $6.250.000 ;("n(yfiln:‘fl;”{nr‘m‘:i-l N Dodge Bros 2t 23 224 S221 900, 34 344 3 4 ... 32 32 . N Y Tel 4%s... Sou Ry 65 56. . . 1113 plet e b Dodgept (1) oo 80 k2 80 sz PASSSGUSNON The T dek De :h:‘:\“&AL(Er\a 25% 25% 24% 25%| NEW YORK, October 11 Special).— | N ¥ Tel 68 41. 7 Seatherk Ty Siie.. 35 Tie Ming| C0s Neet morteage 6 per cent goid SIS Ta e foltenEEnce 6 6 DomeMines (2). 9% 9% 9% 9% Wheel& LE pf.. 4214 43% 42% 43% | Cotton goods markets started the week | N Y Tel 65 49 1 Term AssoS L 4s.. 5 86% 197 to yield 5.20 per cent, by Halse: oent. el it ,‘J"‘ ol Douglas Pec (2). 2 White Eagle (2) 26'% 26% 26% 26l | with a quiet tone. Print cloth quota- | North Am Ed 6s. % Third Ave ref 4s... 1 SRl o o e sold in .\1» il . \) Bl Dupont (14). . ’? 5 e i Pan.AmWnB(2). ‘White Mot (4) 54% 54% b3 53% | tions advanced Yc for 64x60s at 7c,| North Am Ed 6% 5 Third Aveadj 5s... 24 51 | ade in connection with this offering now quoted around the callable price | pupont deb (6) . 1064 1064 1061 106y | Pan-AimivnB (2) White SMpE(4). 58 58 58 58 land stood unchanged at.7%c for|NorOhlo T&L6s.. Unton Pac 1st 4 4 L et el s e of 105, Duquesne PfAT) lu‘i. m: 116 no ',Jrk&Tmfld 2l 2l 214 214 | wickwire ctfs. % % % %|68x72s. Raw silks were quiet. Nor States Po"fil g Union Pac 4s 27. 2 99% h).d'm_el’t,c(m Kemm“m‘g.m,n on Eaton Axle (2).. : 25% | pythe Ex (c3). .. 43% | Wiliys-Od pf c . s rdro Bl Sl il LESS FREIGHT MOVING. [EatomAdla Gl I% il don DuiTameBx(ah.. f2 4 4 an¢|wupsodpt® ¥ X[ 9 8 RUBBER UNCHANGED. |pacTeristss... b Vebyapiaii 1 98 | e the Kentueny Uthities Co El AutoLt(1612) 2 | Pennsy RR (3). 53% 54 03% 54 woo,wmuvus 161% 13_4’% 15;% 164 NEW YORK, October 11 (Special).— B; Wabash 5%3 7:4 e lozvv. 2 e Electric Boat. .. 8l2| penn-Seab Steel. 1 1 1 1 | worthn Pump... 2 2 27 | crude rubber, smoked ribbed sheets, - aes: M:xg;l:irae w3 ;g': n;u(r & Co. are ”“’fmfi a new fssue n Vester - of $2,000,000 City of Hanover (Ger whole Elec Power & Lt 16 | peoples Gas (8). 124 124 124 124 | wright Aero (1) 28% 28% 28% 28% | 1t 0q unchanged at ¥oday s nioon PhilaCorf6sA. Whel& LErf4%s 3 setting new high 55 | peoples Gasrts. 2% 24 24 24| yellow Tr (75¢). 31% 3824 30% 31% | OUE HCY TRCERECT A, [CAPVE POOR) phila & RAC & T 58 he freight | Elec Refrig (c2) 85% | peoria & Bast... 17 1Tu 17 17 |goungstown (4) B4% 84X 83% 84w | RILR, O G NS (OPATS | producers & RE 8s. many), one year roads re-| Elec Sto Bat(16) gold notes at a pri per cent treasur: o of 9945 to yield movement on New 3 ) 1 cently has heen running behind that | Emrsn-Br pf cfs 93 | pere Marq (18). 1051 106 105% 106 Public Service 6s.. 31 6 per cent. The proceeds of thi- of a vear ago. The coal movement | End-John (). B8 | (1)) " U5 M5 s Hourly 5";'00"“ N{z";:“x‘:;‘;‘a’oo ago. Pub Serv Elec 6s.. 2 WILL SPEND $14,385,000. | ber cent e o o is less and the sub-normal condition | Engineers Pu 19% ! phila& RC&L.. 4l% 414 40% 41 11am. 647 00 3 Do 1,688,000 T T T P ServGas5%s69. 1 BAY ST. LOUIS, Mi ments and additions to the electric of the textile industry may account|ErieRR.. 37%| pnilip Morris... 22 22 21% 21%| 1pm. 1472 FEDERAL LAND BANK BONDS. | Punta Alegre 7s... 5 (Special).—Public and pr gas and water works and other rey purtly for the lo However, the | Erfe 18t pf. 48 | phillips Pet (3). 4T% 47% 47 41% Digidend rates as given in the above table Bid, Asked. | Sinclair O11 6s. ment on construction here involve |enue-producing properties owned b textile ion is improving con- | Erfe 2d pf. 45% | prerce-Arrow... 24k 24k 23% nual ;;nhw,,_;f,m_,:g;g: 436 July 195636, . 100% ‘T00% | Sinclair Of17s. 34 expenditure of $14,385,000 according Eureka Vac (4). 50% Plerce—ArDC(!) 111k 111% 111!« um }.““ erwise oted. exira or special divl *t" oy 199 39913 | Sin Crude Oil 6s... 49 to a survey just completed by the Alaghan Exchange (112). 15% | prerce Ofl...... 4 % clu 10013 1ooR Chamber of Commerce. A syndicate headed by Hallgarte.: ES STEADY. | Fatrbanks ). i raan . B e SV SEeyable L i0iw 1092 g SR & Co. and Kissell, Kinnicutt & (o POULTBY PRIC S §' | Famous P1 (&), 114w 114% 11235 113% | Pltts & W v_a(s) 107 107 107 |o1 % ST qnuur,l'v M’nn 3% ml;]mfkm.;u‘g 1 2 101% | Sug Est Ortent 7s.. 1 e PO oL i | TS l";:;l sm-c.;mm bidders for the leu\(.o October 11 (P).—Toul-! pamous pf (8).. 121 121 121 121 | Porto Rico Tob. 67% 674 67% 7u 217, anarierly’ 10312 10332 | Toledo Edn 1st 7s.. 10 LG OLL L ‘_IMI_‘"‘“»:". A new ean vu;::\‘ purchasing ap v—Alive steady at (ho current prices; | yedLight(*1. 40) 31% 31% 31% 381%| Postum (5)..... 9Tn szu. 96% dl;glb oflbflhe-r & ; k. m,;‘ U S Rub 1st rf6s.. 13 fmn ew York Pmuk l;dlflnt:(:s ;9o 000 proxi malml:n s: 0 .; 006 in 6 per cent 25%: turkeys, 34 roosters, 18%; ducks, | FeatND 1641944, 100 100~ 100~ 100 " bias $4°0 1038 1o - - 49,000,000, o tie aear fuiere e