Evening Star Newspaper, October 13, 1926, Page 30

" 30 * FIN LIST S STRONGER IN'STOCK MARKET Eafly Declines Followed by Bolstering Up of Prices by Heavier Buying. BY STUART P. WEST. NEW YORK, October 13.—The stock market today was generally stronger. There was a period toward the end of the first hour, when prices gvent off all through the list and got down to their bottom figures for the recent decline. But a combination of sup- porting orders, fresh buying and short covering, produced the rally, which ehowed midway in the morning and stained in the later deal- manifestly in a the result of the Jate liguidation. Disappointment was expressed because, ~rcording to the latest Federal reserve statement brok- erage loans were down less than £4,000,000. But this covered the week only up to October 6, and it was ex- pected that the effects of the recent and extensive decline in xchange prices would show more decisively in the reports to come. The market was not influenced any more than it has been all along by considerations of money. The rate on call loans remained at 5 per cent, time money was dull, with quotations a shade off from their high. Nothing of importance in the way of outside news had developed over the holidays. It was chiefly a question whether the reaction after the overdone specula- tion of two and three months ago had carried far enough. As stocks staried to come back after th> unsettlement of the first hour, the recov converged upon u. Steel and General Motors as the two leaders, also taking in a large number of the rails and industrial specialties. Atchison went up 2 points, Rock Island up over a point, also Southern Railway. Norfolk and Western was selling 2 points higher, while Reading, Kansas City Southern and Wheeling and Lake Erie were all higher. 3 The remarkable feature in the rail- way diyision was Colorado and South- ern. It had closed Monday at 83 after having stood out strongly all through the recent break. It shot up violently today. The stock is earn- ing over $13 a ‘share and paying no dividends. It would have to declare @ very generous distribution in order 1o justify the present price. One idea was that good-sized dividends were in store, another idea was that the Bur- lington, as majority owner, might be picking up the minority shares in the same way that New York Central bought in all it could of the minority holdings of the Big Four. Oil shares improved with the rest. Marland and Phillips Petroleum more The market strong position particularly. The pressure against Willys-Overland _was relaxed and Pierce-Arrow rebounded nearly a point. Profit taking appeared to be over, at least for the time being, in Radio Corporation and the stocks did better. Markets at a Glance NEW YORK (®: Stocks Colorado and Southern rall to new high. Bonds es lower. F )rwegian kroner at year' cent Cotton—Highe: Sugar—Ka: i s of spot. zilian market. creased _receip! Hogs—Firm. " YORK, October 13 (Special). —Ntockholders of P Gas and Flectric having approved the plan to split the common and preferred Etock four for one, it is announced that it will be 30 to 60 days before the new certificates are ready and that in the meantime the status of ock in respect to transfers and dividends will be the same. The par value of the new shares will be $25, against $100, the present value. Utah, Power and Light and Idaho Power and Light, two of the sub- sidiaries of Electric Power and Light, report gains in both gross and net fncome in their latest statements. Incidentally the holding company, Electric Pos and Light, has not failed in a single month this year, to gate, to improve position over the game month in 1 Utah Power and Light shows August gross of $857,2 compared with $8 - "ago @nd a_net after taxes and charges of 93,577, against $270,441. For the 12 months ' the balance dividends was $2,160,345, with $1,849,693. Id: n August this mgainst $256.061 in pdvanced from $6%,2 the 12 months the balance ferred dividends increased fr 033 to $6! In the New York out- pide market Utah Power preferred is quoted 103, bid 103% asked, and for Jdaho Power and Light preferred the quotation is 1043 bid, 1061z asked. after preferred compared New Ingland Telephone and Tele. graph continues remarkable re- covery in earning power. For the first eight months of the calendar vear net operating income jumped from $ 889 fn 1925 to $8,690.690. August guits made fully as favorable a com- parison as those earlier in the American Telephone and Tele wns 61 per cent of the stock of New England Telephone and Telegraph. CAI:L MONEY FIRMER. NEW YORK. October 13 (®).—Call money firmer; high, 51y; low, 3; ruling rate, 5: closing bid Time loans frm: mixed collateral, 60-90 days, i 46 months, 5 prime mercantile pa per, 4lzadd GERMAN BONDS AND STOCKS. (Quoted in dollars per million marks.) Bid. Asked, pp b8 1921 ... ... Seldorf 48 pre-w fort-a h 45 7 isconto Gellsc resdner Bank utsche Bank t:—mu;. ter Bank .. Mercur 3 ina ' ANCIAL. Abitibi Pow (4). Adv Rumley Ad Rumley ; Alr Reductn (16) Ajax Rubber. ... Alaska Junea. .. Allied Chem (4). Allfs Chalm (6). Allis Chal pf (7) Amal Leather Amerada (2). Am Agricul Ch Am AgriCh pf.. Am Bank N 1.60. Am Beet Sugar. Am Beet Sug pf. Am Bosch. ..... Am Brake Sh(6) Am Br Bov EI(2; AmCan (2)..... Am Car&Fdy (6) Am Chicle (3).. AmChie pr pf(7) Am Chicle efs(3) Am Drug Am & For Pow. . Am & Fo P pf(7) Am Hide & L pf. Am Ho P (2.40). Am Ice (110). Am Internatl. Am La Fr(1)... Am Linseed. ... Am Linsd pf (7) Amn Locomot (8) Am Mach & Fy. . AmMa&Fy pf(7) Am Metals (4).. Am Po&Lt (g1). Am Radiator (4) Am Bafety R (3) Am Ship & Com. Am Smelting (8) AmS & R pf (1) Am St] Fdys (3) Am Sugar (5).... Am Sugar pf (1) (3 Ahumada (11).. Open. 129% % 1 132 87 109% 18 126 70 104 67 121 464 6434 112% 64% 7 131 119% 424% 72% 1031 Y Am Tobacco (8). Am Tobaog (8). Am Typ Fdrs(8) Am Wa Wo c1.20 Am Woolen. ... Am Wool pt (7). Am Writ Pa pf. . Am Zine pt.. Anaconda (3). ArmourDel pf (7; Armour of TII(A} Armour of IlI(B) Artloom (3).... Asgo Dry G(2%) Atchison (7).... Atchison pf (5). At Birm & At... At] C Line(9%) At Gulf & WI.. At] Guit&WI pf. Atlantic Refing. Atlas Powdr (4) Atlas Tack. . . Austin-Nichols. . Austin Nie pf(7) Auto Knitter Baldwin L (7 Bald Loco pf (7) Balto & Ohlo (6) Balto & Oh pf(4) Bang & Ar (3).. Barnsdall A (2). Barnsdall B (2). Bayuk Clgar. ... Bayuk 1st pf (7) Belding Bros(3). Bethlehem Steel Beth Stlpf (7).. Bloomingdale. .. Booth Fisherles. Botany A (4)... Briggs Mfg (3). British Empire. BkInEdison (8). Blkn-Mn Tr (4). Bk-Man T pf(6). Bkin Un G(111). Brown Shoe (2). Brunswick Balk. Brunswick Ter.. Burns Br B (2). Burroughs (t4). Bush Terminal. Butte Copper&Z. Butte&Super(2). Butterick Byer & Co. By-Products ( Calif Packg(4).. Calif Petrol(2) Callahan Zinc. Calumet & Ar(6) Calumet&H(1%) Can Dry (c2%) . Can Pacific (10). Case Threshing. Case Thr pf (7). Central Alloy(2) Cent Leather.... Cent Leather pf. Cerro De P (4).. Certain-Teed (4) Certain-T 2d (7) Chand-Cleve. . .. Chand-Cle pf(4). = Ches & Oh (112) Chi & Alton. Chi Great West. Chi Gr West pf.. Chi Mil & StF.. Chi M1l & St Fpi C MII&StP pf cfs Chi & Nwn (4) - Chi RI& Pac... CRI&PDf (1. Chile Cop (2%) . Christie B (1.20) Chrysler Corp(3 Chrysler pfA(8) Clev & Pitt (3%) Cluett Peab (5). Coca-Cola (7)... Collins & Alkmn Col Fuel & Iron. Colo Southern. . Colo Sou 18t (4). Col Gas & El (5) Col G&El cfs (5) Col Carbon (4).. Com Cred (2).. . Com Cred 1st 6% Com Solv B (8). Congoleum-N... Con Cigars (7).. Consol Distribut Consol Gas (5).. Consol Textlle. . Cont Bakg A (8) Cont Baking B.. Cont Bak pf (8). ContCan (16).. Cont Insur (6).. Cont Mot (80¢). Corn Prod(t2%) Coty Inc (4).... Crex Carpet. ... Crucible Stl (5) . Cuba Cane Su pf Cuta Co (4). Cuban-Am S (1). Cudahay Pkg(8) Cushman’s (8).. Davison Che Del & Hud (9). . Del L & Wn (17) Detroit Ed (8).. Devoe&Ra(2.40) Dodge Bros ClA Dodge pf (T).... Dome Mines (2). 118% 118% 115% 52t 28% 51 40% 143% 99% 1% 196% 29% 35% 108 66 % 111 101 T2% 40% 25% 24 45% 101 29% 45% 103 81% 5 23 27 % 150 5% 83 90% 33% 33 13% 34 108 25 45 10 B58Y% 3 7 67 29% 2 66% 16% 37% 162% 164% 111 30% 8% 57% 63% 41% 105 161 5% 9 24% % 18% 17% 4% 6214 104% 82% 30% 34t 101 1% 63 146% 56 43 83 74 80% 79% 63% 20% 91 184 21% ki 2% 103% 2% 62 87% 45% 524 22 T1% 42% 30 24 1017% 90 284 167% 141 1374% 34% 23 80% 9% High. 41% 24% 120% 37% 12% 32% T0% 104% 68 121 47% 643 113 65'% T 132% 119% 42% 2% 103% 36 145% 118% 118% 115% 53% 28% 8% 1 34 % 117% 112 81 9% Dougias Pec (2). 87% 374 Dupont (14) . 324 331% Dupont deb (6). 106% 106} Eastman (13). Eaton Axle (2) Elsenlohr & Bro. El AutoLt(16%) Electric Boat. .. Elec Power & Lt Flec P & L pf(7) Elec Refrig (c2) Elec Sto Bat(16) Emrsn-Br pf cfs End-John (5)... Engineers Pub S Equitable pf (7) Erfe R R. Erie 1st pf. Erie 2d pf Eureka Vac Fairbanks (3)... Famous Pl (38). Fed Mot T(f80c) Fed Min pf (7).. First Nat S(1%) Fisk Rubber Fleischmn(2%) Foundation (8). Fox Film A (4). Freeport-Texas. 117% 25% 10% 66 8% 16 95 B4% 87 10 657% 19% 116% 37 48% 45 51 44 114 26% 2% 117% 254 116% 37% 48% 45% 51 44 115% 26% 2% 29% 15% 46% 85% 3% 29 THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, OCTOBER 13, 1926, ONDS s | NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Low. Close. , Open. High 90% 90% | Gardner Motor.. 6 6 17 17%|Gen Am Tnk (3) 43% 55 66 |Gen Asphalt. 6%~ 6% | Gen Asph pf 129 180 | Gen Clgars (4) 7% 7% | Gen Elec (h3). , 1 1 |GenElecsp (60c 11% 11% 127% 130% | Gen Motors (7). 150 1524 87 8% | Gen Mot pf(7).. 118% 119 109% 1091 | Gen Outdr Ad(2) 33% 33% = 16 |GenOutdrA (4) 5% b3% 285 | Gen Ry Sig (15). 80 80% o 13% | Glldden (2)..... 18% 19 46 46 | Gimbel Bros. AT% 4T 41 42 jGoldDust... . 45% 46 21% 2% | Goodrich Ru (4) 45% 47% 57% b7 | Goodvear pf (7). 105% 105% 18 18 | Goodyrprpf(8). 106% 106% 126 127 |Gothm SH (2%) 57 67 20% 40 |Gothamnew2ls 57 §7 48% 49% | Gotham pf (7)., 113% 113% o081 omy | Gould Cou (2). '13% 14 217 33 |GranbyConsol.. 29 814 3% 80 |GrtNorthpf (5) 76% 76% 28 31 2:,”'(;0"“"’ 19% 19% . 4| CGreenCanan.... 20% 20% 8% 8| Gulf Mo & Nor.. 36% 36% Gulf States (5).. 66% 66% Hartman Bk4 40 27 27 Hayes Wh(t3%) 25 25 Helm Geo (16%) 78 78 Howe Sound(4). 41% 41% HudsonMan(2% 374 37% Hudson Mo(3%) 52% 53% Hup Mot (1.40). Tllinois Cen (7). Indep Oil (1)... Indian Reflning. ngersoll R (14) 63] 63% | Inland St (2%). 1124 112% | Inspiration (2) 6: 63‘ Interbor Rap Tr. i 11{; Internat Agri. ast | In Ak C pr pt (1) 119% 11 Int Bus Ma (3).. 48 48 42 427, Int Cement (4).. 487% 49% I . 1o2té| Int Cement pf(7) 102 102 1035 103% | Int Com Eng (2) 41% 42% 34% 45], Int Harvstr(6).. 129 129% 144% 1454 | Inttch pf(3.20) 60% ~60% 118 118% | Int Mer Mar pf.. 314 31% 117:/: 1}5’{- Int Nickel (2)... 36% 85% 116% l5 %1 Int Paper (2)... 53% b53% 52 3% | Int Paper pf (7). 96 96l 28% 28;% Int Ry Cent Am. 26% 26% 787‘: 7;%/0 Int Tel & Tel (6) 116% 117% g1 34 |Jordan Motor... 18% 19 47T% 48% | Kan City South. 42y 43% 93% 93% | KanCSopf (4). 65% 65% 14% 156 | Kayser J (3) 8% 8% | Kelly-Spring 51 251 |Kennecott (4).. 60% 61% 40% 40% | Keystone T&R. % & 143 145% [ Kinney G R (4). 45 45 99% 9% | Krosge SS(1.20). B0% G0 Lago Ofl & Tran. 19% 20 198 108 | Lambert (3%).. 67% 68 2% 38 |LeeTiretRub.. 8 8 101% 103 | Lehigh Val(3%) 84 85 067 195 | Len&Fink stf(3) 3415 34 B gy |LifeSav(10)... 214 214 o o | LiBEett &M (t4) 91 91 66 66 |LIB&MB(t4).. 0% 92 o 0| Lir&MpE (7). 120 120 Lima Loco (4).. 59% 59% H?’/fi 117% | Loew's Ino (2).. 43% 43% DInEETS . 6w 6% 100% 101% | Loose Wiles. ... 150 150 72% 72%| Lorillard (§2)... $29% 29% 40% 40% | Lorfllard pf (7). 113 113 25% 26 |Louisiana Ofl 24 24 |LaOflpf (6% 45% 46 | LouisGasA(1.75) 23% 24 101 13;“' Lou&Nash(16%) 126% 129 % Melntyre P (1). '23% 23% o oo | Mack Trucks (6) 1013 101% MackTr 2d pt(7) 104% 104% Mack T 1st (7).. 111 111 Mackay pt (4).. 70 70 Macy H R & Co.. 114% 115 Magma Cop (3). 36% 874 Man El Sup (5). 51% 51% Man Elm g (D5) 48% 48% Maracaibo Ofl... 18 18 Marland Oil (4). b52% B53% Marland Ollrts.. % % Marlin Rock (2). 25% 25% Mathieson (4).. 5% 76 May Dept St (5) 136 187 Maytag Co (2).. 21% 22 Mexican Seabd.. 8% 10 % Miami Cop (1).. 17 17% e Mid-Continent.. 29% 30 = Middle States... 14 1% B Mid StatesOflet % % 7;"‘ Midland pf (t12) 111% 111% Mis Kan & Tex.. 83 83% 67 MoK & T pf (6). 92% 92% 29% Missour! Pacific. 38% 89% 1% Missouri Pac pf. 86% 87% 66% 67% | Montana Pow(5) 76% 76% 16% 164 | Montgmry W(4) 66 66% 34% 35% ! Moon Mot (1%). 16% 17% 162% 162% | Mothr Lode(75¢) 5% 6% 162 169 | Motor Met(3.60) 86 87% 111 111%| Motor Whi (2).. 21% 21% 30% 80%| Murray Body... 8% 8% o oBa| Murray Bodyotf 8% 84 7 .| Nash Mot (13).. 57% 58% % sinr| NatBisculttdis 92 92% 105" 105 | Nat Cash Reg(3) 39% 39% 13 13 |NatCloak & Suit 224 22% 201 29y | NatCloakpf (1) 76 76 1601 16414 | Nat Dalry (3)... Tl 71% 0 10515 | Nat Dpt Stores.. 26 26 H g |NatDStlst (7). 91% 914 24y 24y | Nat Distlllers... 21% 214 ow Cait| Nat Distillerspf 45~ 45 19w 175 | NatEnamel & S. 2% 254 17% 1714 | Nat Enam pf (7) 81 81 7415 75 | Nat PWRLL(80c) 19% 19% e I | Natsupply (0. 1% T4% 1047 104% | Nat Tea (4)..... 124% 125 92 1952 [ Nevada Cop (1). 154 15% 3os Som|NY Alr Brake(2) 41% 41% 308 N Y Canners(c2) 35% 36 1007 101 | NY Central (7). 1321 133% s 1715 | NY ChiaStL(11) 189 1954 63 63 | NYC&SLL pt (8) lgiw lgii% 5 7 | NY Dock....... 145% UT | NY NH & Hart.. 39% 40% Do% 49y | NYOn& West.. 24 24 82" ogw | NY Steam pf(7). 104 104 75 74 |NiagFpf (1%). 284 28% Sow 813 | Norfk & Wn (f3) 160% 161 e 80| Nort& Wt (4). 844 844 T3 64 |NorthA (B340). 4TH 48% S0v 217 | North Ampf(3). 5l 51% a0 &1 | NorAm Edpf(1) 96 96 184 185 | North Pac (5) 1% 99y | Norwalk Tire... & 011 Well Sup (2). 35 35 18 g Oil Well Spr..... 109 108 5 Omnibus. ...... 13 102% 1044 | Onyx Hos pE(T). 103% 104 56" g5 | Opnhm, Col (4). 61% 61% “m > | Orpheum Cir(2). 28% 28% . Otis Elevator (6) 114 114 Otis Steel........ 8% 8% Otis St prior (7) 68 69% Owens Bot (14). 78% 79% Pac Ol Stubs... 1% 1% Packard (12.90). 33% 33% Paige Mot(1.30). 14% 14% 1% Pan.Am (6)..... 62 62 42% Pan-Am B (6)... 62% 63 30% 30%| Pan.AmWnB(2). 30% 30% 24 24 | PatheEx (c3)... 45 45 101% 101% | Penick & Ford.. 20% 20% a0 90% | Pennsy RR () SINBL ... | Penn-Seab Steel. (28 28| PeoplesGasrts. 24 2K 10 1o [Buemug OB). U8 108 41y 130y | Phila &RC&I.. 40% 41 1374 187% | philip Morris. .. 224 22% 3au 34 4TH 4TH 0% 231 | Phillips Pet ¢ Rl 80% u,.‘P!erce»Armw... 24 9% 9% Plerce-Ar pf (8). ula 111& 374 37% ";“"“31‘,2.'1;“ oo 2w 321% 830 | DG oa. L B0% 324 1064 106% | pjyeg Coal pf.... 714 T1% 117% 117% | pitts Term Coal. 89 40 25% 25% | pites & W Va(6) 107 107% ég“ ‘1;‘1; [’osmm;{fi?‘.. §§u. 1&;9’: Prod-& Refln 7 8% 9 |pubSer NJ(5). 924 924 16 164 | pub SE&G pf(6) 102% 102% 941 944 | pullmanCo (8). 176 179 51 51%| punta Aleg Sug. 39 39 & ff;" Pure Oil (1).... 26% 26% Radio Corpof A. 51% 52 s S| RagioCpf 3%) 49 49% 1165 1165 [RSIICefs (4). 6% 5% 361 a7 | Ray Copper(2ie) 154 164 a7 4gy, Beting 0 i 45% ‘55.; Real Silw H ( " 31° 81! RetdIceCm (3). 4l% 41% Remington Type 100t 104% 44 44 | Remingtn 1st(7) 116% 116% 113% 114 | Replogle Steel.. 9% 9% 264 26% | Rep Ir & Stl (4). B5% 56 72% 72% | Reynolds Spngs. 7 17 29% 29% | Rey Tobac B(5). 108 108% 15% 15% | Robt Rels&Co.. 9% 9 45% 46% | RossiaIns (6).. 82 82 83% 841 | Royal D (a3.078) 48% 48% 72 8% Sifety Cable (4) 51 ~ 61 281 28% | 5L & SanFr (7). 95% 96 £33 34.4) StL&San Fpf(6) (91 . 91 BY EDWARD C. STONE. Negotiations pending since the death of John L. Edwards were consum- mated in the financial district last night when the business and good will of John L. Edwards & Co., 1416 H street northwest, were purchased by G. M. P. Murphy & Co., New York In- vestment bankers having membership in the Stock Exchange. The transac- tion, which becomes effective at once, includes the branches of the Edwards brokerage house at Richmond and ewport News. The members of the New York firm are Col. G. M. P. phye Edward O. McDonnell, P. kine Wood, Otis A. Glazebrook, jr.; B. C. Read, John T. Pratt and Frederick Osborn. The head and founder of the firm, Col. Murphy, was formerly se- nior’ vice president of the Guaranty Trust Co. 1t is announced that the present or- ganization of John L. Edwards & Co. will be kept intact. J. William Har- rington, who has been associated with the company since 1912 and manager for the past eight years, will\remain in the same capacity. Only a few days ago Mr. Harrington was elected to membership in the ‘Washington Stock Exchange. John E. Parker, who came to the local office from Horn- blower & Weeks' New York office, is another member of the staff. Mr. Parker was a_son-in-law of Mr. Ed- .| wards. Charles C. Morgan, who has been manager of the bond department for years and is now president of the Washington Bond Club, remains un- der the new management. Robert C. Jones, with the Edwards firm since 1911, is to stay as director of the floor business, and Albert C. Flather, who has been with the company for four years, also remains on the staff. The late John L. Edwards founded the local brokerage house in Decem- ber, 1915, and early 1916 obtained a seat on the New York Stock Ex hange. The surviving partners are Maj. “Fenry P. Erwin and David P. Gaillard. These men, who had been associated with Mr. Edwards for sev- eral years, are retiring as the new firm takes possession. It was stated at the offices today thdt Edward O. McDonnell of New York will remain in the city and assist in the manage- ment during the transition period. Officers of the Riggs’ Bank, acting as executors of Mr. Edwards’ estate, played an important part in a.rr'ang» ing details of the change in owner- ship. Prices Firm On Local Board. Prices were firm today on the Wash- ington Stock Exchange, when trading was resumed after the holiday, bonds crowding stocks ‘for a place in the 116% 18% 42% 65% t41 9% 60% 5 43% 50 23% 28% T i 23% 23% 99% 101% | St L Southw 62% 63 62% fs 104% 104% | Schulte (§)..... 46% 46% 46 46 111 111 |Seaboard AirL.. 20% 30% 20% 30% 70 70 |SeabAirLpf... 34% 341 34 34 114% 115 |Sears-R (n2%). 62 63 b2 52% 36% 87% | Shell Un (1.40).. 27% 28 27% 27% 51 51 |ShubertThe (5). 62% 62% 614 61} 48 48 Simmons(12.25). 32 32 32 32 17% 17% | Stmms Pet (1).. 17% 18 17% 18 52% 53% |Sinclair Ofl..... 18% 18% 18% 218% % Skelly Ofl (2)... 32% 32% 32 82 251 25% | Sloss Sheft (8).. 120 120 119% 119% 75% 757 | South Port S (6) 110 110 109 109% 135% 187 South Por pf(8). 112 112 112 112 21% 21%|Sou Cal Ed (2).. 31 31 31 31 8% 10 Sou Dairies A(4) 46 461 46 46% 16% 17 |SouDairlesB... 23% 23% 23% 23% 20% 80 |South Pac (6)... 104% 104% 103% 1041 1 1 Southern Ry (7) 117% 118% 117 118 S 5 { South Ry pf (5). 94% 94% 944 9‘414 1118 111% | Spaulding pf (7) 102% 102 102% 102% 821% 33 Spicer Mfg. . 21% 28 21% 23 924 292% | Spicer pf (8). 104 lU.l 104 38% 38% | Std Gas& Eigd. .62% 53 524 063 86% 874 |Std G & Elpf(4) b55% Bb5% 55 55 767 76%|Std Ol Cal (2).. 60% 61 60% 60% 65 66%|StdOILNJ (1)... 42 d2% 41% 42 16% 17 |Std Ol NJpf(7). 116 116% 116 116% 5% bl | Stewart War (6) 64'a 65 64 65 36 873 | Studebaker (5).. 5d4% 565 53% 5% 21% 2114 | Submarine Boat. 1% 1% 1% 1% 8% 8% | Superior Oil.... 2% 2% 2% 2% % 74| Sweetsof Amer. 15 16% 15 15% 57% B8% Symington..... . 8 8 8 8 % By |SyminstonA(2). 15% 15% 16% 10% 39 39% | Tenn Copper (1). 11% 11% 11% 11% 22 22 |TexasCo (3).... 62% b63% b62% b2% 74 74 |TexasGuif Sul.. 424 42% 42 42% 70% 71% | Tex & Pacific... 49% [49% 49% 49% 25% 26%|Tex&PacC&O0 14 14 13% 13% 91% 91% | The Fair (2.40).. 28% 28% 28% 28% 21 21 |Third Avnue... 32% 32% 32% 32% 45 45 |Thompson(3.60). 46% 47 46% 47 26% 26% | Timken (16) 631 T4 63% 7L 1 81 |Tobac Prod (7). 108 108% 107% 108 19% 19% | Tob Prod A (7).. 113% 113% 113% 113% 71% 74% | Transcont Oil... 4 4 3% 3% 124% 125 | ynderwood (4).. 51% 51% b1% b1% 14% 14%| Un Bag& Paper. 45 451 42 43% 41% 41% | yn Carbide (5).. 90 90% 90 90 35% 86 |UnOil (2) 63% 63% 524 52% 131% 133% | Un Pacific .. 168% 161% 168% 161 189 194 | ynPaclfic pf(4). 79% 79% 7T9% 79% 102% 102% | Un Tank Car(5). 116 116 116 116 34% 84% | yn Tk Car pf(7) 115% 116% 115% 115% 89% 40 | yUrd CigarS (c2) 92% 93% 92% 93 23% 24 | yUtd Drug (8)... 166 167 156 157 104 104 |ynitea Fruit (4) 111 111 110 110 28% 28% | Utq Paperboard. 18 18 18 18 159 160% | y S C1P&F(10) 203 206% 202 204 84Y% 84% |y § Distributing 51 51% b50% 51% 4T 47% | U S Hoftmn #3% 55% 56% 55% 56% 51% b1% | U S Ind Alcohol. €8% 70% 68% 69% 96 96 |ysRealty (4).. 60% 604 59 59% 7% | U S Rubber.. 54% 53% bim 5 5 |UsSRublst(3). 108 108 108 108 35 35 |USSmelt (3%). 33% 33% 33% 33% 109 109 |USSmDE (3%). 46% 46% 46% 46% 13 13 | USSteel (1).... 141% 143% 140% 143% 103% 104 |U S Steel pf (7). 127% 128 127% 127% 61 61% | Universal Pipe.. 17% 1T% 17% 1T 28% 28% | Utl PELLA (e2). 20% 20% 29% 29% 114 114 | yanaaium (3)... 38% 38% 38% 38% 8% 8% ya.Caro Chem.. 9% 9% 68 69%|yolCarCh 6% pf 35% 85% 83% i 8% 9% | yvaCar Chpf(1). 8T% 87w 874 874 L Vivadou (3)..... 30 30% 30 80% 33% 61% 62 | i q Baking B. 26% 26% 26 264 62 62% | \vorq Bakpf (1) 90% 90% 90k 90% 30 30 | uiller Bros.... b5% b7% b5% b66% 48% 45 | o Bros (4) 51 51 50% 50% 204 20% | OO Nargo. ... 3% 3% 3% 3% 53% 63% | gt Flpf(7). 101 101 101 101 o ; West P Po pf(7) 113% 113% 113% 113% 1028 o2 | West Maryland. 11% 1% 11k 11% 40% 41 West Md 2d pf.. 20 20% 20 20% A 4% | westPacpf (6). B0% 80% 80% 80i 2% | West Union (8) . 144% 146 144% 146 Sl B AB(7) 128 128% 127% 128 28% 24% ‘Westhse 67 56: 111% 111% | Westinghse (4). 66% B:s % 67% % 15 | Weston Elec. ... . 16% ézv‘ 16% 16% 21s 214 | Weston A (2)... 314 -l géh gz% 30% 32 | Wheel & L Erle. 25 2% Wheel & LEpf.. 42% 43% 42% 43% ;19;/, Z:)% White Eagle (2) 26 26} 026} 26% 107 1073 | White Mot (4).. B3% gg: 88 o3 971 9974 | White SM pE(4). 59 i 9% 16% 16 | Wickwire ctfs. . 9"/. 20:: = 1%2 91% 92% Wllly:-Overl-nd lo/. o sy s 102% 102% Willys-0Od Pf M 99* 9% O 175 178 | Wilson&Co. . il b 39 89 | Wilson & Qolh): Cou 166w 1624 1635 26 26| Woolwth BW (IS 215 27 21% Worthn Pump... 27 % 50% B1% | wrione Aero (1). 28% 29 284 29 49 49% | Wl wm (14).. 52% 621 b2k b2k 5% 5% |'yleeTown(5). 68% 684 681 68k 15% 15% | veiiow r (T5c). 31% 31% 30% 3l az;.‘ sg’; Youngstown (4) 84% 84% 84 [s4m 4 4 41% 41% Hourly Sales on N. Y. Market. 100% 104% [ 11am. 424,000 12 n.. 696,100 116% 116% | 1pm. 842500 2 p.m.1,085.500 oL in the above S5h 56 | o Pildend et B A h et Sa the 7 4 t quarterly or half yearly declarations. 108 /108% .'.3%- oihervie Roted. exica or speclal divi- 9 9% | ePartly stock Al xtis. 'hz"".f e g,"x'a“::m .‘i’xu- 's% ‘in ‘stock, aBar 4 484 s year—oo refular rate; , bPlus 10% in mon, siock pasable "B % quarierly: 8 gt sl e i %Eue 305 sedal | NEW YORK FIRM BUYS BUSINESS OF JOHN L. EDWARDS & CO. Deal Effective at Once and Includes Rich~ mond and Newpgrt News Branches. Prices Steady on Local Exchange. sun. Potomac Electric Power pre- ferred opened at 107%, and closed at 107%. Railway & Electric preferred was out at 90%. Columbia Title In- surance Co., led in volume of trading, 300 shares selling at 9%. Merchants Transfer & Storage preferred came out at 100 and 23 shares of Mergenthaler Linotype sold at 106%. Two bank stocks appeared on the board, 10 shares of Federal-American selling at 313 and 30 shares of Commerclal Na- tional at- 230. Tn the bond division, City & Suburb- an 6s sold at 88, Washington Gas 6s at 103, Railway & Electric 4s at 83, while the first sale in Wardman Park Hotel 5%s changed hands at 98%. Bankers Regret Officer’s Death. Charles E. Howe, cashier of the American Security and Trust Co., went to the District Building today and expressed to Maj. Hesse his per- sonal grief over the untimely death of Detective A. B. Scrivener. He told the police head that bankers all over the city especially mourned the loss of such a brilllant voung officer. It develops that the detective had been particularly active and successful in running down bank crooks who were cashing bad checks. Scrivener had been connected with so many impor- tant cases that he had come to be considered as one of the most skillful detectives on the Washington police force. Too much praise cannot be given him for his courage, fearless- ness and unusual ability in appre- hending law breakers, said Mr. Howe. Bank Call Dates Reviewed. The Crocker First National Bank of San Francisco has listed the dates of all the controller’s bank calls from 1886 to 1926, giving the days of the week on which the calls were made and the number of days elapsing be- tween the calls. Of the 208 calls there have been but 16 on Saturday. The tabulation shows 32 have come on Monday, 48 on Tuesday, 36 on Wednesday, 30 on Thursday and 41 on_Friday. More calls have come on the 30th of the month—18—than on any other date, next being 16 on the 4th and 13 on the 3ist. The longest time elapsing between calls was 116 days in 1921. The next year 105 days passed between the calls of Septem- ber 15 and December 29. In 1923, 108 days rolled by between the last two cails of the year. Between 1914 and 1920, 6 calls were made each year, in one ‘of these instances there being but 40 days interim and in another ut 41. Woolworth Declares $1 Extra. At a_meeting of the directors of F. W. Woolworth Co. today in New York, an extra dividend of $1 a share, in addition to the regular quarterly disbursement of $1 was declared on the common stock. The extra is payable on December 15 to holders of record on November 10. This brought dividends on the com- mon for 1926 to $6 a share, a total distribution of . $15.000,000. Mortgage Loans Running High. The H. L. Rust Co. correspondents report that 3,818 families in the United States and Canada were pro- vided with homes through mortgage loans issued during September by the Prudential Insurance Co. These loans and those made on other prop- ertles amounted to $17,479,272. The loans on living accommodations were for a total of $13,576,972. Consider- able sums have also been loaned on city properties other than homes and on farms. Financial and Other Notes. The advance guard of local bankers, who attended the Los Angeles con- vention are expected to reach home tomorrow. Several turned eastward about two minutes after the closing session. The local Banking Institute chapter is now weil under way for the first semester. All the classes have met, but the one in public speaking in charge of Fernand Petit. A large registration is looked for on the day this course opens, October 20. The annual Hallow'een party of the women’s committee, Washington Chapter, American Institute of Bank- ing, will be held at Wardman Park Saddle Club on Saturday evening, October 30, the hosteeses to he the members of the committee of ihich Miss Catherine Krieg of Riggs Na- tional Bank, is chairman. It is ex- pected that this will be the largest and most enjoyable affalr ever given by the committee. INCOME DECLINES. NEW YORK, Ocsober 13 (A).—Op- erating income of the Western Union Telegraph Co. for August declined to $1,377,894 from $1,456,603 in August last year and for the eight months of 1926 to $9,893,279 from $10,042,225 in the same period of 1925. In both pe- riods gross revenues were larger, $11,- 598,898 for August against $11,130,5630, and for the eight months $88,408,656 against $81,071,981. , e ——— e FLOATING SUPPLY LARGER. NEW YORK, October 13 ().—The floating supply of United States Steel common stock was increased 249,716 shares in the third quarter, which amount was sold by investors, who also reduced their holdings of prefer- red stock by 5,035 shares. Common shares held by brokers in New York State increased 261,722, and investors’ holdings decreased 83,414. Forelgn holdings of the common decreased 4,436 shares, but the preferred in- creased 914 shares. EXTRA DIVIDEND. NEW YORK, October 13 (#).—Gil- lette Safety Razor Co. declared an extra dividend of 50 cents a share and also increased the quarterly rate from 75 cents to $1, placing the stock on a $4 annual dividend basis. Both are payable December 1 to stock of record November- 1. — SPLIT-UP APPROVED. NEW YORK, October 13 (#).—The split-up of the common and preferred stock of the Pacific Gas and Electric Co. on a four-to-one basis has been approved by stockholders. New cer- tificates will not be ready for a month or two. Meanwhile the status of old stock in relation to transfers and div- idends will be unchanged. e SILVER QUOTATIONS. NEW YORK, October 13 (#). silver, 5614; Mexican dollars, 4255, DRY GOODS EASIER. NEW YORK, October 13 (Special).— Cotton goods markets were slow and weak today, still reflecting the drop in raw cotton. Print" cloths were quoted at 6%c for 64, 60 and 7% for 68x72s, the former a drop of %c. Raw silks eased off 5c a pound in a quiet market. POULTRY PRICES STEADY. CHICAGO; October 13 UP).—Poultry, alive, steady; receipts, 13 cars; fowls, 19a24%; springs, 22%; turkeys, 30; roosters, 18%; ducks, 21; geese, 19, ' ON NEW YORK Received by Private Wire Direct to The Star FINANCIAL. Sales, High. Low. Close. MED ,§",‘,"§,fi,’; !s"g Est Orient7s.. 1 98 98% 98 o "%, Close, | Tenn Elec Pow 6s.. 10 105 105 105 10016 ¢ | Toledo Ean1st7s.. "3 108% 107% 1077 10020100 16 100 16 United Drug 6s 106% 100 18 100 18 100 18 1005 1008 1005 |USRubistress 9314 Lib1st4%s 24 10128 10125 10126 | U 5 Rub 73s. 107 Lib2d 4%, 101 10020 on 15 103 1 | U S Steel st 5a. 106% 106 106 Lib3d ¢igs. 81 101 2 190 1013° |UtahPows Liss.. 4 97 96% 96 Lib i s 108 1026 1023 1024 |WRSTSIEIIR ) B S 80 2 8 i i stn Union 6%4s. $ 1114 e b Law: Cioss, | Westinghousoth.. 48 1001 106" 100% Argentine Bs...... 1 925 ooy oav | Westinghouse7s.. 7 10414 104% 1045 Argentine 6s Ju 59, 32 98% 981 oaw | Wilson & Co Ist 6s. 21 99% 98% 99% Argentine 83 Qs o oo% sau o Youngstn S & T 6s. 20 104% 103 = 104% ne 65 98% 98% 98% Argentine 6s 9 o RAILROAD. Argeriting Ta 19 1000 1008 | 98% | Atchison adj ¢ 6 8Tu 8% 8T% Australian bs 97% 9‘;“ by 11 9% Austria 7s 101% 101& Bank of Chile §% 961 957 Bank of Japan 6s 100% 100% Belgium 6s. 86% 863 . 5% 95 B 108 107% B 1075% 107 B& 103% 10314 B& e . . Ty 87% B7H 4 Brazil 6%s. a7 s s mow B PR T I s el -+ 30 954 9d% 95% | Bkiyn Manhat 6s.. 65 95% 95's 95% 22 104% 104 104 3 5% Buf R& Pitt4%s. 25 91's Ol 914 Ganada g5 1931 101% 101% | Can Nat 45 30... 19 98% 98% 98 pusds o135 108% 104 | Canada South bs... 6 104% 104% 104% Canada 5%81939.. 9 101% 101% | & S 4% 104% 104% Chile 75 1943. 33 100% 10035 | Ganad North 63s.. 4 117% 117% 117% ChilG T INE o o. 1 100% 100% | Canad North 7 6 1154 1147 1147 Chiness Gowity be 2 oy 198 109 | Canad Pac aebds.. 26 8% 85 T e o o otk dsklcantof Guts:. 9 10216 Copenhagen 5%s.. 5100 995, 995 | Gentral Pacific 1 91 Cuba 5%s..... - 5 102% 1024 102% s;’;‘!‘z‘g‘c{’tf*! i; ’29,"‘ Czecho THs rets. .. 28 101% 101% 101% B a9 Crecho 8s 1951..... 4 102% 10214 1024 | ones & O &n 4%s Crecho 851952 ct.. 20 102t 102 102t | oy ALOn 3%, < ¥ Chi& Alt 3148 ctf: Danish Munic 82 B. 6 110 109% 100% | Chi B & @ gn 453, nmark 6s. ... 4 103% 103% | CB & Q-Tl div 4s DEI515Mch53. 4108 103 103 |Chi&EIgn5s. T EIn6%s Nov53. 2 103% 103 103% | Chi Great West 4s. Coron BT ea 7" 1 100 108 lomm CM& Puget S 4s Dutch East 165 62. 22 105 104% 104% | C M & St P 45 25. Finland s 26s45... '3 89 @8k 89 |CM&StP 4s25cts. nland 7s. i 99% 99% [ CM&SEP deb 4s ofs French 78 249 92% 92 924 |CM&StPgn8y.. French 7% 14 98% 8% 98%|CMA&StPev4ks. French fs. 15 1047 10415 104% [ CM&SPev4e % eazers German EI P 9 94% 94% 9415 [CM&StPen4ls. German7s....-... 56 106% 105 105 | CM&StP r 4148 of1+ Ger Agr Bank 7s... 34 100 99% 99%|C M & St Pov 5s... GerGenElecTs.... 7102 1014 1014|CM &St Ps.. "\ 16 101 Greek 7s. i 8 88 |Chi& NWen3dks. 1 77% 7% T Halti 65 98 98 [CriaNw 4% 1957, & 100 1010 1017 Holland-Amer 68 89% 89% | Chi & NW refbs... 44 1024 102 102% Hungary 7%S..... 24 100 99% 100 |Chi& NW 6%s.... 5 111% 111% 111% Ttaly 7s 92 91% 91%|Chi &NW 78 11107 107 107 Japanese 6%s. 44 98% 98 98 |[ChiRysbs .9 6% 76% T6% o %3 87 8% 87w|ChIRI&Pg 1 86% 86% B86% ~rsellie 68 D1 874 8T 8Te|ChiRI&Pre4s.. 74 91 90% 91 Mexico 4s 04 asntd. 39 27% 27% 276|CPITH&SESs.. 23 9015 90% 90% Mexloo 4510 asntd 31 24% 24 24% | ChiUnlon Sta 5344 9 101% 101% 101% Siexico bsassente 42 431 43% 43% | ChiUnlonSta6%s 2 117% 117% 117% Montevideo7s..... 3 100% 100% 100% {Chi& WIndcnds. 7 85% 854 85% Netherlands 85 54.. 4 104 104 104 |C&WI534s62... 10 103% 103% 103% 5 8 85% 86 |CCC&StLbs 1101% 101% 101% 35 98% 9% 981 |Clev Term Gs.. 4102% 10214 102 . 6 101% 101 101% | Cleve Term 6%s 9 107% 107 107% Norway 65 1044.... 24 396 95% 95% Norway 6 1952.. .. 14 1 99 99 99 Orlent Dev deb 6s.. 48 3 109% 109% 109% Paris-Ly-Med 65... b 79% 80 | perg 4 ; Paris-Ly-Med 7s 0% 91 | Dol & Hud v se 35, 3 1135 Reatr Parls Orleans 7s. 89% 89% | Dol & Hud 5%s.... 1104 104 104 | 100 ~ 100% | Den & Rio G cn 4s. 1%“2 103% | D& Rio G imp 5. .~ 9 DRio G W 88% 89 De?&:lrdei'(f;' 102t 102% | Brie 1st cons 4s 101 101 | Brie gen ds. ... Queensland 6s. 105 106 | Eeroaste faks Rhinelbe Un 7s. . .1 110% 110% | Erfe conv 4s D RiodeJan 85 1946. 2 102% 1024 102 | Erie & Jersey 6s. .. Riode Jan8s47... 5 1024 102% | Fla EC 58 T...... Rio Gr Do Sul8s... 15 1084 100% | Gr Trunksdb gs.. Sao PauloCity 8s.. 1107 107 107 |Grand Trunk7s. Sao Paulo 85 1936.. 10 105 105 105 | Gt Nor 414576 D... Sao Paulo 1950 8 106 105% 106 | Great North 5s Saxon (PW) 75.... 11 99% 99% 99% | Great North 5%s Seine 75 42... . 818 914 911 | Gr Nor gen Ts. Serbs Crot Slo8s.. 34 94 93% G Mob&N 5%s B 50 Solssons 68........ 11 85% 85 85% | Hocking Val4%s.. 11 95% 95% 95% Sweden 5% ct. ... 11 104% 103% 103% | Hud & Manref5s.. 2 96% 965 _96% Sweden 6s. ... 6 106% 105% 105% | Hud & Manaj 5s... 17 80% 80% ~80% Swiss 5%s 1946, ... 3 10316 108 103% | I1l Central rf 53 65. 17 106 105% 106 Svwiss Confed 8s... 2 113% 113% 113% | Il Central 53%s 5 102% 102 102 Toho Elec Pow 7s.. 7 95% 95 95 |INI-C-C SL&NO 55, 6 101% 101% 101% Utd Kingm 6% 28. 15 117% 1174 117% | Int Rap Transs. . 66 7% 71 71 Utd Kingm 5%s 37. 13 105 % 104% | Int Rap Tr s stpd. 47 _71% _70% _71% Utd SteamCopen 65 1 88% 88% 88% | Int Rap Tran6s... 15~ T4l 7415 74k ISCELEANEQLS Int Rap Tran 7s. _95%_95% 3 78 AiaruBeEe.... L 10zi1021102% | Lot S G HorRa 6y Do Tl Am Agri Chem 7i4¢ 10 104% 104 1041 | 1o 8 2 05O - o1% Am Cotton Oll 58.. 7 95% 944 95% | peoro uen's s 2% AmSmit & R st 68 11 101 100% 101 | eantad o, 0o 50 i Am Smit & R6s... 7 108% 108% 108t | o tSa8 ol & s e Am Sugarref 6s... 2 104% 1044 104% [ pan to¥ - S0, o b AmT&Tecltrds.. 13 98% 98 -98% | r'ye SHOTe (2o, o AmT&Teltr5s.. 5 102% 102% 102% | Pt ShGR (000 £ AmT & Tstbs...163 100% 100% 100% | p'oniFe VA ICn (S 4w AmT & T deb 634s. 12 105% 104% 105 | 1'% N1 5 5003 b Am Water Wksos. 2 9T 9T 97% | 1% B SHESB0R8- S0o76 10576 Am Writing Pap 63 6 58 57% 57% Elg _105% ‘Anaconda 1st 6s... 57 103% 103 103% | Man Ry 1st 90. (L ‘Anaconda cvdb 7s. 45 106% 106 106 | Market St 7s 40 7% 974 ‘Andes Cop 7s rets. 28 106 105% 106 [ Mil EI Ry & L 5s 9% 9% Armour&Co 4%srf 7 91 90% 90%|M & L rf ex 5s. 14 14 A el 8145, . 20 93% 934 934 |MStP&SSMcnds 3 87% 87% 874 Atlantic Refin5s.. 1 100% 100% 100% M St P&SSM5%s. 3 90% 90% 90% ogw 96w | M StP&SSM6ks 11024 1024 102% Barnsdall gsctfa.. 18 07 6% 90% | 53¢ m 1st 4 2 87 %6% 86% 82 102% 102 MK&T4sB 1 8 & 8 3 102% 102% 102% |y g & T adf 5. 3 02u 924 924 Beth Steel pm 68 12 o g;kj’. 100%|MK&TprinssA. 8101 100% 101 Beth Steel ke ss. 10 oot aww ourd | MISRTOLC G § R 0 e Beth Stesl 6. ..-.. 71 100% 100% 100% | 10 FAE1.C KIC, B s e 1 104% 1044 104% | Mo Pac 6549 D.... 11 106% 105% 105% 2182 1o 160" | Mo Pacesss E 9 106% 105% 105% " Nassau ERy 4s67. 8 60% Calif Pete 6%s.... 7104 1033 ’32?, NOTex&MBSB.. 6 99% Cen Leath 6s 45 cfs 30 102% 102% 1 Chile Copper 65 32. 49 105% 104% 1041 | N O T & M 5% 2 104% Con Coal Md 18t Bs. 6 82% 82% 8214 |NY Cen gen3is 1 Gy o Gas N Y 5%s.. 4 106% 108% 105% | N Y Cent 4s98...., 2 8% Commonwlth P 6 1 103% 103% 103% | NY Centdebd4s.... 1 95% Consumers Pow 58, 1 100% 100% 100% | N Y Crfim 434513 2 96% 94% 94 04% ‘entr168.... “ 75 _107% 107% | D . 3% o L L | NY C & StL6s A- 5 1034 e DG Te s G TTh 7% | New Havencd 6s.. 10 103% Det Edison 5s 40 6 102% 1024 102% [ N Y State Ry 4%s. 10 53'a Dt Bdison ref 65.. 1 107% 107% 107% | N Y W & Bos 41s. 18 764 3 95 941 94%|Nor&Sgenbssd.. 3 €8 Dodge w1 68. . 1 DS Steel 75.... 2 9T% 9T 974 |Norfolk& Wends. 3 91% D e b 5%s49. 1105 105 105 |Northern Pac3s... 24 65% Diguesne Light 6s. 3 105% 105% 106% | Nor Pac 4%s2047.. 4 3 Est Cuba Sug7%s. 8 106 100% 100 Ore Sart Loetadn. 8 984 Empire G & F Ts. 16 103% 10 OreShort Len5s.. 9 106 B ubber$s.... 1 115% 118% 116% | 076 U0k 80 S Goodrich 6%s... .+ L e e Pennsylcon 43%s.. 2 101 Goodyear 88 1931.. 1% o081 9% 1197 | Pennsyl gen 4%s.. 16 97% Goodyear 8s 1941 20% 1017% 1017 | Pennsyl genGa.... 20 1047 104% 104% Hershey 6%8 S 1074 9m4 o754 | Pennsyl 5s 64 15 101% 101% 101% umble Pennsyl gold 2 ; Ininols B tat 8e- & 108 JORL 1050 | Peoriwa m ino 45 21 40k 40t 0% ndfan soe Pere Mar 1st 45 56. Int Mer Marine 63. 7 88% 884 OB pord g ystss... 2 102% 102% 102% Bl bsd7.--- 13 oow 99 99w |PorRL&P6s47.. 5 100% 1004 100 I D §%s..... 72 108% 108% 108% | Por RL&P Ti4s 46. 1107 1 I T e m\s52.. 3 105% 106% 105% | Reading gen 43%s.. 14 9T% 97% 97H S euring 85... 7 104% 104 104% | Reading J C4s51.. 1 90% 901 90% NG retssss. ... 1101 101 101 |RioG W Istds 1 90% 90% 90% L GG 515 52.. 2 103% 103% 103% | Rio G Westel 4s... 3 82 824 B2 56 20 100% 100% 100% | RTArk & L 4%s.. 7 941 91 94% Liggett & Myer: : . HieEe & Myors7s 2123 123 128 |StLIM&S4s29... 3 0T 974 974 e (P 78... 1117% 117% 117% | StL& SFpl4sA. 69 82% 824 82 2 104% 104% 104% |StL&SFprins. 10 98% 98% 984 O6n ‘96% 9614 |StL&S 14 101% 101% 101% 101% 1013% 101% | StL&S Bl B b sow 5 8 |StL&SEinele 60 Tonie 1okl dovie StL&SFplosC.. " Lo e 108" | StLS W con4s3i. 3 a4’ o T ion | e AL et 48.... 8 T24 2% T2 o8k 98% 8% TT%. T8% 108% 108 N A P eL.gs. 8 06% 96 964 SouPac{s2) P B o s Pow 5. O 99% 09% g9k | Sou Paciflo re oue g% o1 P 1 106% 106% 106% | Southern Ry gen 4s 18 841 Nor States Pow 6s. 0 100% | Sou Ry con 65 94... 25 106% 105% 105% PacGas & ElSs.... § 1004 100 107% | Sou Ry 63 56. 14 111 110% 110% PacT&T1stEs... €103 (000 105~ |Southern Ry 6%s.. 15 117% 117% 117% Pan-Amer Pete 6s. 10 108 J09% 00 | Sou Ry Mo& O ds.. 1 91% 9I% o1% Peoples Gasbs.... 1 Term AssoSt L 5s. 1 1024 1024 102% PhiiaCob%s38... 5 101% 101% 101% 1% si% Phila Corf6s Ao 9 1044 100 101% | Third Aveadisn... 2 5L 51 61 ¥ A Tai. - 16,1081 1083 1083 | URIomPROTRE (e $1CCRRTE COXH dte Froducers & Re fs. 8 114 111 1114 | Grot ol 47 27 o1 99% o9% Public Service 6s... 18 1034 1084 108% | 000 pag et rf 55 2 10T% 107% 1075 FubServElecSn, 105 105 log" | Union Paceves.. 7 10% 101 lovry Y Virginia Ry 1st bs. 4 101% Remingtn Arms 6. : m lzg 903 | o L22 98% 131::4 9815 nclair O11 6s. ... 48 1 % % 101% it Oll 8% 29 1% 91% Wabash 5%3 75. 102% 1025 Sinclair Of1 7s..... O 97% 97% 971 | West Maryland & 78 734 Sin Crude Ol 6s... 19 100% 100% 100% | Western Pacific 8. 19 99' 994 993, Sin Pipe Lne 6s.... 28 93% 92% 9814 | West Shore 1st 4s.. 17 85% 85 861 Southwest Bell §s., 18 102% 102% 102" WisconsinCent 48 5 81% 81% 381% - e ]INVESTMENTBUNI] § PRICES ARE FIRM Some Fractional Gains. Foreign Issues Are Sold in Today’s Session. BY GEORGE T. HUGHI Special Dispatch to The Star. NEW YORK, October 13.—Prices for investment bonds were firm all along the line at the resumption of business today after the holiday. Business was still in small volume but a more confldent feeling was in evidence. Here and there there were frac tional advances and practically no offerings at conces Specifically Atchison general Union Pacific first 4s, West Sho , Kansas City Terminal 4s and Nickel Plate all sold higher. Most of the United sions. 4 Blas States Government list was up a shade also. Besides this display of strength in the investment group, the other few ture of the day was the certain foreign issues. were under the greatest pressure in this part of the list, gettin 95, a new low for the v heavy offerings. The onl tion ‘given was that of competition with the new Chilean loan, wi was predicted today would be m keted on about a 6.50 per cent basis which is a higher return to the in vestor than that given by the Uru guay bonds at the wmarket. The German industrial and municipal oh ligations were also inclined to drag today. Berlin 65 and Cologne 6las at 96, were down a peint from the high of a week ago. French, Belgian and Ital bonds were heavy as well. On the other hand, Japanecse 612s were in good demand. The most interesting movement above the speculative rails was that in St. Louis, San Francisco incomes Starting at 87%, down substantially from Monday's close, tne price rallied to above 88, one block of $1635,000 par value being taken at that pri The local tractions were stead cept Brooklyn Manhattan 6s and Man hattan Railway 4s, which were off fractionally at one time. Sugar bonds were well supported. Andes Mining 7s lost ground, but otherwise that group held well. There was little change in the oils. WHEAT PRICE DROPS WITH BUYING LIGHT Weather Favorable in Canada and Values Go Down 1 1-2 Cents. Corn Also Is Weak. By the Associated Press. CHICAGO, October 13.—Favorabie weather in Canada, together with « notable lack of buying support here led early today to lower prices for wheat. Values dropped about 1'. cents a bushel before enough com mission house demand for wheat was aroused to absorb the offerings. Open ing 12 to 1 cent down, wheat gave little evidence of power to rally. Corn oats and provisions were also weak corn starting % to 1! cents off and then continuing to sag. Liberal export sales of North Amer jcan wheat over the holiday helped somewhat to check the declining tendency which prices showed a good deal of the time today. On the other hand, current advices indicated that the British coal strike was likely linger and_that searclty of vessels available for grain was a per sistent outstanding feature. Larger estimates of the 1926 pro duction of wheat in Italy were cov sidered by some authorities to be an offset for disappointing vields in France and England. Forecasts of the import needs of Europe this sea son_were still maintained, however, at 704,000,000 bushels, an amount 100 000,000 bushels more than at this time New Bond Issues NEW YORK, October 13 (Spectal).— Offering of $2,500,000 Tidewater Power Co. general llen 6 per cent bonds (closed issue), due August 1, 1946, was announced by E. H. Rollins & Sons, Stroud & Co. and Otls & Co. 'The bonds are pald at 983, to vield over 6 per cent. The proceeds of the sale of these bonds, together with the proceeds from the issue of $3,750,000 first llen and refunding mortgage 5 per cent bonds a 500,000 preferred stock and shares of common, without p be used to acquire all the property of the Florida Power Corporation and the capital stock of the West Florida Power Co.; to provide funds for re demption of the company’s $1,461,900 7 per cent debentures, and, in part, for expenditures already made and ex: penditures to be made in conection with the construction program. Additional members of the banking group headed by Hallgarten & Co. and Kissell, Kennicutt & Co., who will shortly offer the $42,000,000 of Repub lic of Chile 6 per cent bonds, includ: Halsey, Stuart & Co., Lohman Brothers, Schroeder Banking Corpora tion, Cassatt & Co., W. R. Compton & Co.,'and others. The bonds will be of fered simultaneously in this countr and in various European centers and each bond will bear a dollar and ster ling denomination coupons, belng pay able either in sterling or dollars. BUTTER IS HIGHER. CHICAGO, October 13 ().—Butter higher; receipts for two days, 17,409 tubs; creamery extras, 43%; standards 42; extra firsts, 4215a44; firsts, 35%n 401%; seconds, 35a37%. Eggs—Unchanged; receipts for two days, 10,233 cases; firsts, 35%a40; ordi nary firsts, 33a86; refrigerator extras 35%; refrigerator firsts, 34%. NATIONAL BAKING CO. NEW YORK, October 13 (#).--Na tional Baking Co. and its subsidi arles, the Omaha Flour Mills Co., the Donaldson Baking Co. and the City Baking Co., have a net income of $229,204 after all charges in the first half of 1926: After preferred divi dends, $121,1: remains for common stock. Sales were $5,815,660. SEEKS TO BUY LINE. The Texas and Pacific Rallroad ap plied to the Interstate Commerce Com mission today for permission to pur- chase the 28 mile line of the Cisco and Northeastern Rallrcad in Texas. A contract has been made for the trans fer of control on the basiy of a cash egmeat of §210,900,