Evening Star Newspaper, October 28, 1926, Page 30

sl FINANCIAL., THE EVENING STAR, WASHINGTON, D. C. THURSDAY, OCTOBER 28, 1926. FINANCIAL. [] STOCK RISE HALTED ' [ NEW YORK STOCK EXCHANGE | INSTALLMENT PLAN IS DEFENDED | [+ v o BONDS mockszensver] ([NTEREST CENTERS Received by Private Wire Direct to The Star Office | BY I-IEAD OF AUTOMOBILE C. OF C| Recelved by Private Wire Disect te The Star Ofice. Abitb P : . i oman = i RS % Alfred Reeves Sees Little Danger and an| e avic win be avitshea 3 1o o ot 5 Abr&Stras 7%pt 110 . & Adams Exp (8). 127 18 e f:“l the 5:30 Bdition. Tenn Elec Po: + 105 105% 107% N ] e Adv Rumley. 16% 15% o | . . 3 . . e Outside Buying Starts Ad-i.nioeyise: < | S5 e i+ Education in Thrift in Expanding (o e i o UERubIaterha 4t 't ‘oo ‘s¢a| BUying Stimulated by Suc- Alr Reductn (1) 130 i Y Gmm“m;) @ 52% Sales. High. Low. 3:10. vance Today, But Shares | Ancfuiner!?, '™ 5™ Vil 4% (G B s : 132‘?} Deferred Payments System. Libadte:” %0 1003° 1003° 100 | puan 10 [ cess of Belgian Issue and Are Supplied Freely. | Alliedcnem ). 123 1297 Gen Mot deb, (6) 1oom - o tacn 25 102101028 10219 | Waenersue 7ass:. s Broadens Out Allls Chalm (8), 86%. 67 % | Gen M . eyt LA gus BY EDWARD C. STONE. and their accummulations, number of | Lib3d4%s. 941015 1013 1015 | WarnerSug7s41 Allls Chal pf (7) 110% ; Gen Outdr Ad 5 r Ad(2) homes built and the amount of life B Wentn Union . B = ! Amal Lthr pt(7) 105! 1 ' ) 1 Gen Outdr A (4) o 53% | BY STUART P. WEST. i Amerada (2).... A Gen Ry Sig (15 % | This Nation is not heading for |insurance in force. = ] ' GEORGE HE! $pecial Dicpatch to The Star. Am Agricul Chm [OlEba Bl 82 | \conomic ruin because of the enor-| “A survey shows that losses on| US4s1M4. 75 10410 1046 x,‘:{,‘,‘::::“l‘::;t s L CE NEW YORK, October 8.—Stocks| AT AEriCh pf.. Glidden (2).... mous amount of installment buying |$500.000,000 of automobile paper have Ksb2. 5 1089 1084 wieoren s | . Tt e e J i - Am Bank N 1.60: Gold ey rd- | been less than onefifth of 1 per Wi - 7 101% 3 EW YORK, October 2 today ran into heavy profit taking| Am Bos in the automobile industry, accol FOREIGN. Ison & Co 1st §s.138 bonds were ag . 4 A ch...... > 50% ing to Alfred Reeves, manager of the [ ¢ent. This is less tfan the national Sales. High. Low. 3:10, | Winchester A 7343, 7 day's market. further advance at the start. | Am Brake Sh(6) Goodyear pf (7). 101% e e tomabile | Chamber of | banks suffered in bond losses, which | Argentine 6s Ju 9. 12 98 ““o7% | Youngstn s & T | Coe of the Eelgtan: atablitett Yesterday's demonstration following | 4™ BF Bov EI(3; Gothm SH (2) 61 R e, Wha addressed the local|in 1925 was In excess of one-half of | Argentine 65 Oct6d 42 98% Duylng spread 10 other issuen and. ai (he United States Steel and General| Am Gan of 7y o ‘ chapter of the American Institute of [1 BOF cent/ * - the | ArSentine s d. 8% most without exception prices wer: Motors statements and the raising of | Am Car&Fay (6) 981 Granby Consol.. 31% Banking ot the Ol Cthere is fool. |odvantages of the method which he Arzentine 7 7 1000 s e et AR tise Pennsylvania dividend brought in| AM Chain A (2). . St oot () | abing e thers is | 5aid were sometimes lost sight of | Australian 97% .. 2 The new Helglan hond W fair amount of outside buying ds | 4m Shicle (3). . S erione N § T in cash buying, but insists that | because of the many attacks on the | Austria 7 % At] & Dan 15t 45 4 gain, and at 95% were up biisifiess began ihis morning. Along A s 0! Guanténsme. . 90 per cent of this buying is sound | SViiem. FHe continued: Bank of Chile 6%s. 6 95 P froni the offering price. Mot Wwith this went operations for the rise [ Am Express ( Gulf Mo & Nor.. 3715 87% and that the industry itsel la en- e M R Bank of Japan 6 day they kept just fractionally ahe from professional sources. But it was| AT & For Pow. . SN st (6 1004 deavoring to eliminate Jhe 10, ver | cet” paymonts; it enables beopie to 9f the older Relgian 7s. but ! dilckly dlscovened thint. Stockelwere] g s EDLE) Py o hat “ it 15 on a sound | St at once things of value and close. Fractional —adve 1 30 i m Hide & Lea. Hartman A (2).. 26 Shd e G on utility; the buyer may use and enjoy e i ttional advar ng freely supplied on this advance. | Am Hide & 1. s basls because the industry is taking ] 3 1, the Nigher pf. 3 Hartman Bk4 40 261 : bas cause the Industry 1o okt |an article while paying for it; it leads Belgian obligations, ull consideration of people to put money into things of Next to the Belgian the larges & O SwDIv 5s ofs 5 mand was for French railway and +t hour or so weak Spots| Am Ho P (2.40) H. 3 .40). elm Geo (16% % lop, and these had an|Am Jce ($10)., .. . Hoe & Co. ‘.'f‘ ) 8 credit, “character, capacity t© P&V |real value; time buyers get an article N 3 Bklyn Manhat 6s. dustrial loan ¥ ans, French unsettling influence. Some of the| am Internaty H 28 and caj g i 4 pital of the buyer.’ at a lowe b ien Wiee micr Wi e | - 4 | Homestake (17). 62 28% | and ) “that ap- |80 & lower coufcnune of larger pro- x 5. 103 96% ot ecially Hudson Motor and| Am LaFr (... | Eoum e a). M2 s 43 Enmi'h’,:'ng:;;fm;?géog‘;o;;},'h “-J‘rm‘?u':“;;',m the ‘ponsibility placed on 5 . :HRR&H"H-IS. 924, | steamship s had a <harp runup . Steady selling of ‘the !, TS 6 3% 31 % 6 5: e ,000,000, 4 on s his doing more an, “anada South 5s. ‘ over a point Totmer for the last Tortnight or more | Am penad Pf EDear i i s Howe Sound (). 42 B et p“‘"“";‘h”"b:&:"“‘o‘} on the I better work, and it keeps an industry E ¥ 4 104% | The New Hungarian municipal 1 jas naturally attracted discussion. | o Merals (4) ” ek luufy 454 nfiai%“fi‘i'}‘.‘&‘, - 38% | oo 68.000,000,000 18 for automo- | helns almes e Ui UL and | Canada 6s 1931. s 19 aue or Fludson has a past record for scares | oy ;- 45 4% 4 o 4y a% | ORI : ps almost every other industry.” | Ganada 5 ver the dividends which, in the end,| A PO&LE aEL. St A Hup Mot (140). 205 2015 204 20 | Dlles: ~Outstanding e e Auvasiage (0 i Tearecien Ganadn 5348 1936 5 : lve mot materialized. But selling on [ A7 Saftator(s). 110 110 109 109 | munots Cen (7). 124 123% 128% | oro 20y 500000000 the average| A el S | Chners194s. .. s 100 Car Clinch&0 6s 53. 2 o ST higher than an 8 per cent basle:‘. as lhe‘ Am Ship & Com b A 7 7 {nden Ol (1)... 26% 26% 26% | :flznd’s 51‘.” (\;:g“.m A e auu:!r‘x;’;‘\filelmtiru:':im\fgr“?‘&’e‘g 1.3";']:‘- Chile 85 1941, Cent of Ga 53;s. Sm. wtock did today, was the s t - .| Iny K | s 12 : . Mr. eves - A he tw asures stovk ald today, was'the sublect of| Am Smalting () 181K 181% | Tnicra e (o) o 9T% 97 | amount, $528, and outstanding note, | tioned producers of gasoline, road ma- | Gnins GeC Ry 5o, 5 oo 108 e eindis 0 b2 6 gartan cradlt ns wen oo b b T :mg&nprm 119% 119% | Tnland Se1 pf (1) uur" 3814 | ahout $275. There Is nothing alarm- | terials, rubber, automotive _freight, | Gon Pow :‘;‘mg',_ A Ches &0 cv 43%s. .. | sentiment toward forelsn investme, st reflected the stronger impression Ams;‘l“gd‘”)‘-- Inspiration (2).. 257 ‘;g;‘ms in this figure when compared l"‘”" steel, plate glass, upholstery | copenhagen 53s. . P | Ches & 0 gn 4%s. . ¢ Prime _domestic nt s formed about the reaction in the | Z0 St SdyS (3) Interbor Rap T, S40% % | with the $25,000,000000 & year being | leathier, lumber. aluminum, copber, tin. - & Altose. .. L os 0e% continued strong. Atchison gene aoromoblle | trade by yesterdhy's| ymicaseric) .. ; Intcont] Rub(1). pald out in wages and $1,500,000,000 | lead, nickel, upholstery cloth, imita: Chi & Alt 3%s 6tfs ; 45 selling at 93 were up a point an. statement of the Iron Age that some [ ap, 53;"."'2‘! [()) Internat Agr. .. | belng accumulated in new savings. ;I:l;-dirsthe; mu;g, \varxnlslxh );axl]r an? < “ B GG as ke : 9%4 | quarter on the day, and within « qu e ol . s . InAgC | . Any slump in installmen . 4 92% | ter of a point of the 1924 ad e e oster | T als et In Bue Ma'() Reports Savings Smashing Records. | buying, which the New York man| oo oo 1952 ct. | e g et ] 106 10 ern Pacific refunding ds mede a1 D O e s nt Wi ls o % | fnt Cement (4). p ‘e that qur. | Y8 i§ nowhere in sight, would have | Danish Munic 85 A. ; % i [CB & Q-1 aiv 4s. . 37 as large 4 galn. The spread betw e iGnaral Doloks oon | N CooRoool®). Int Cement pf(7) 102 It is interesting to note that dur" | serious effect on these other lines. | Donmark es....... i |ChI&E Ten o . 984 984 | the two maturities of Baltimors . R i Mk Truckent Ohe MiaRe | an Tonte o 4 119% | Int Com Eng (2) 41% ; [inE ke b i e o ctions | 11¢_added that September productior | Dulch East 165 47. « 1045 | Chi Groat Wost 45, 45 aoty Ohio_refunding und general o | t s @ » Tobao pt ‘ Int Harvstr(g. X " S | was 23 per cent ahead of last vear,|Dutch EastI6s62. 13 . CM&S g ; rowed, and both sold around i Am Wa Wo c1.20 53% i str(e).. 128 all records have been broken for the | and the toal output for the vear wili| Fl Salvador 8= 48.. 5 4% | C M & St P db 4s 5 5 1, old around thei ter Har pf (7) 124% 5 & Yank depositors, oal output for the year will CM&SLP deb 1s ofs, prices. It is these good & per A good sized block of New York Cen: | Am Wool pf (7). 81% % 1% | [nMtch pe(3.20) 83w . Bl it G vires; nusgber of "“‘,’,".’;22?.,.2‘3,"}“’{,&1?.‘,'2"'3? the past s it L ‘ CMAaStPeviys. Dok =liug dusk undoE pan ¥ e L "“l‘\"l’("m;("‘: Am Zinept. o | Ine ,’”}:{fi,‘:;‘;‘; 32’% | building and loan assoclation members | vears has not Leen at cither the ex. | Framerican 7%a. 95 5 gn:t&:l;i‘gf:fi?: L Pl st vious close o 2. ! naconda (3). % 5 s 4TH | 7 2 pense or thrift of the people, he con- | French 7s 1799 94% s e 9% | linois s 1 it uned a point at the start, then fell | Archer-Dantel: nt Nickel (2)... 35% S 1 5 Des e con I i : E CM&StPrf4as. 3 nois Steel 98 duplicate A i S - Int P; { cluded. In reply to questions he said | French 7%s, 9 e 2 6 r A ol fob .nnsylvania T of urance, ing J ¢.| German %s.. 12 : b . cAhG #d to have been ubent the stock | Arnold Cons&Co 5 D[ Jewel Tea. ... 384 o1 fi:‘;};"“l:"é""’”‘ B e e T naired ey aill shife the. re. | German Ta. .. Qe i 5%"223".’:”" p d ive r: e e quieting _down around 5 <{ Artloom (3).... 4 ordan Motor... 16% te el { sponsibility, take more risks und 9 9915 5 b tigure, the vield is still well above | AssoDry G(2%) 2 42 | Kan City South. 44% B L O % B4 | cause more accldents. The fact that : % 102% | Gt & WOy s aasT-107 : some of the other T per cent dIvidend | Asso DG 1st(6) 0 _ Kan C So pf (4). G " | Rey Tobac B(6). y 20,000 people were Killed in auto mis- i i e point under the highest « payers. i a Atchison (7).... 155% 153 Kayser J (3).... 1 | Robt Rets & Co. % haps last year shows the importance e 2 9 9 ChiRI&D gn 15, & the bonds were fi issued. Chic ] The nn;lyu-?v:\nwn;];n“t;:‘km{‘r;mm:t'fil :lc!gaon pf (6). 100 ¢ % | Kellv-Spring | Rogal D (a3.078) e of this problem. i L 2t 921 | CHIR 18 P ot 48, 36 Ferre Haute an outheastern npparent. This section of the market At Guith Wi Loon ‘ot o i e | St Joseph L(1) Financing Difficult for Banks. | Ttaly7s... o F Chi Un Sta 4%s... 3 h comes advanced. but witl D riiiably been oversold, mot. in | Atlntls Reine. bl ey, & StL & SanFr (1) The days of insuring motor cars | iPaneseds. . 80% Chi Union Sta 55 much activity. The feature of le sense that a heavy short interest| Atian Ref pf (1) D, % 60%' §¢ L Southwest. 2 50 heavily that some owners are giad | JAP2nese 8% 9 Chi Unfon Sta 5s 44 | Ry ew York Railwi has heen created, but in the sense that | Atlas Powdr (4) e 42% | St L Swn pf (5) - to see them burn up or be stolen | LoD 65, 9 C& W15%s62. e St e o many people have wished to re-| Atlas Pow pf (6) ; iy S61 61 | Savage Arms. .. are over, he asserted. Asked about | Artelleé § CCCastLs 2% e L e Place lnes of stocks sold higher up, | Atlas Tack. . i it o Kresge SS(1.20). 51 504 | Schulte (3) ? 46% | Blue Book values on used cars, he | MeXicods1 2 CCC&StLrt 4 2% 103 . That there has not been enough of a | Auto Knitter | pactede Gas 8). 162 162 162 | Seaboard Air L. { 30w akreed that they are low, but sald | o s 64 56, 16 e B CTEaOE. 1= 6 10 My o a 0 20 P’ | 6 g | there Vi i - P - . gty 0 68 sTound e N | it 1 i 120 proieme o SEEARLECC S0 3 0 et v mabing T Toenine | NS 8018 pEsmerns: -+ s+ WHEAT PRICES WILT Suiton) Pan! Amcrican’ N tian | BAIE ORIoH Lehigh Val(3%) §7% Sears-R (n3%). " 53 |the dealer would give it to him. | Norosrii 12 ; . - e bl and Gentral ARphaltiwere |os E AT A2 LD ¢| LenaFink st (3) 3514 w D! Seneca Copper. . 4 4 4 |Answering another question, Mr.|noTway %S - ON HEAVY SELLING « 2l up sherply ut one Hime, Moderate | OV TSR E (B). 20N S0 .| Life Sav (1.0)... 21 | Shattuck F G(2) % 57| Reeves sald that on account of the faoreay 08 1048 Det United 4158 D e b iafasiind, Amecs jEaTRECIERE. . 54 Liggett & M (14] 95 95 45 | ShellT&Ta2.17% " 42% | many detalls involved he felt that | Noreoy on 1348- - Erle 15t consds. : an, Lago, afr Consolidated “and| po e Dun(®). 28 Thi & %|Lig& MB (14). 93% 96% 937 943 Shell Un (1.40).. - 20% 9% 20% 1t was better for finance companies | Nowme oy oy s, Erfe gen 4s. ... : : Phillins: Petroleum i ' | Liq Carb (3.60). 441 447 447 | Simmons(+2.25). 4 32| than the banks to handle this con- | parieTor yed by e Early Gains Scored on Agricultu: The latest estimates that the Cu Ao 5 wg. “me | LEESSINC(13). 5. 45k 4 443 | Simms Pet (1). % | sumer credit. | PR s T Erfe conv 4s B = % ban sugar crop, chiefly due to_the re-| gorth EFROTES ] EOtE: sl e | Stnclatr Of1. . % 184 1T | H. W. Burnside, chalrman of the | parts Ocleans 76, .. 89 § ; Erfeconv4s D... 4 Weather News Offset by Bea) ent storm damage, would “be cut|gnELTRE (A 257 | Long Bell A (4). 45% 45 Stnclair pf (8).. 95 9 95% | forum committee, presided; T. Hun- e Fla EC 55 74 : it 15 per cent, brought fresh buying into | gy Rt QY & 2 2 | Loose Wiles. ... 141 Skelly Ol1 (2)... 32% ! ton Leith, president of the chapter, | Gr Trunkstan ss T% 10715 107 Activities Later. South Porto Sugar on the ground{puinte Gep1). ', | Lorillard (32)... 28% Sloss Sheff (6). 9 119 livelcomed the guests; W. W. Spaid 2 Grand Trunk 78 5 that the principal beneficlaries of thel SroeUn O(HAL). 823 324 Lorillard pf (7). 113% 113% Sloss-She pf (7). | represented the District Bankers' As- 0" " Gt Nor 434576 D, : E uban situation are Hkely to be com-| Brunawiek To% . 8% | Loutslana Of1... 14% i South Port S (6) soclation, and Victor B. Deyber had ol g Great North bs. 6 101% 10 0 s outside of (ubn. Tobacco stocks | Burne.ore (40 - 5 LoulsGasA(1.76) 28% Sou Calif Ed (2). i a word to say for the Clearing House | p, i A Great North 6%a. . . . October 2% strong_again for a while, no-| purionens (143. Lou&Nash(163%) 130 | Sou Dadrles A(4) 4 Assoclation. The attendance was very | Oneenaled 78 103 | Gr Nor gen7s..... ! i tions of drought in Argentina and « MR L I e Prslases Ludlum Steel (2} 25% 27 Sou Dalries B... 20% large, much credit belonging to L. J. | - Hud & Man ret 5 - 4| damage there by recent frost tend: i gett & Myers B. DLt LoPOSTRL. Sl Doaion &%) South Pac (6) Roberts, It T1. G o 1" | Rhinelbe Un 7s. ...13 113% | Hud & Man af Sa. Vlics: fodisy o pe! A . 2 % 4 2 5 HEAg oy . . ‘ox and s Ca Al T s u [an a o V] ilues today, but mie ik Rubber made some tesponse | ButteaSuner(2). . Mackay pf (4). . o5 7ow Southern Ry (7) 9 4| Thoryp, 2 Riode Jan 8 1646 101 | 1l Central ref s : v av arying Britich 1o the announcer that Hheire p S n e L s Magma Cop (3). Southern i vashington Stocks Strong. 0 de Jan 8347.... 1 | 11 Contral 5%s.... 32 102% 10214 : qects were nls tiainbag i itend sirenrston Wheaec | T on oI s) Mina s, Spicer Mfg. 21%] mour shares of Riggs Nati Bank | RloGr Dogulss... ¢ e ""C‘CS‘L&"?’:’ 5s. o Starting at % decline to an md preferred had been cleared up. | Callf Packg(4).. 68% Man El Sup (5) Std Gas & El g3. 4 BE lstick aold o) e i oLl Bank | 2o Bltale City & 108 | Int Rap Tran 5s... - ; .. wheat Scored materin These back dividends amounted to §35, | Calif Petral(2)... - 3014 Man Elm g (D5) 481 . (SO NI " B8W | day 't 446 nn 'fiav‘fific'fi?h’é"f;ni?;J§‘°"‘:’,‘,‘:,}§’5.,“ 2t 108 | Int Rap Tr 5 stpa. i ins and then sagged to well hel and now there is no accumulation of ahan Zinc. . . 4 Man Shirt (135). 231 abi(®yes 0. | over the last sal 1Ls | Saxon s .. 3 % | Int Rap Tran 6s... 1 Corn and oats pust obligations standing in the way | Calumet & Ar(6) 66 o Maracaibo Ofl.. 175 Std Ol NI (1) B | Mt mute Mt week. Nu. | GdnaTuus. .. ... 108 Tnt & G Nor 1st 65. 27 | swaye: . corn opening un- of common shares. Calumet&H(1%) Marland Of1 (4) H Std O11 NJ pf(7 % i pol Bank stock sold | Serbs Crot Slo8s.. 67 9 Int & G Nor ad 6 ” 1 and later sk : - | Can Dry (c2%). 37% " MGena Ol | 5ta Plate Glass. 5% At 403, the recent prevailing price. | Soissons 6s. 17 T SHr— 9% filie W T Prociein = = |@ 3 rta.. - b Laniston Mohoty m. o e e nt Rys C A 5972, To% 9% ling a transient in rovisions wer Can Pactfic (10), 6 Mariin Rook (2 Sterling Pro (5). 88% | Lansto v d two sale 8ot o S SHORT-TERM SECURITIES, |Case Threshing. Martin-Pary (2). Stewart War (6) 657 663 {at 92% and Peoples Drug Stores, pre. (S ST y i skl 24 2] S R o o 3 Case Thr pf (7). 2 2 Mathieson (4). . Stromberg (6).. & 58 |ferred, came out at 108. Merchants Lak: Sh' i = ol B o ckot todia o 't (Reported by . & W. Seliznan & Co) | Cont Loather. .- Mesmisa 5 81 | Stodebaker (8);- i 49% | Transfer & Storage, common, sold at | Toho Flec Pow T8.. 9 95% 9 Pl oo i s LY b vernight were small and s Noon-o | Cent Leather pt. 3 Maytag Co (2) Submarine Boat. 2% 213118 and the same company’s prefesred | Utd Kingm 5%s 37. 42 Lous & N unt 4 ; 95 s In this counectior 1285 | Cerro De P (4).. o e T ; % | SBpotior Oll:... 2 g% {at 10015, Thirty shares of Washing- | Utd SteamCopen 63 5 90 90 | Loutsa NashTe, .. o4 5% Inews was al hand that the highest Certain-Teed (4) A 2% | M1a-Continent.. b Sweets of Amer. 5% 14% 15 ton Rallway and Electric, preferred, | bt : ek rot Ward: Bl &1 Alkeonda. Copper O 5 %13 | Chand-Clepf(4) 25° 5 6 | Mid-Cont pf (7). | Symington T 7 jchanged hands at 90% and Potomac | MISCELLANEOUS. Man Ry 1st 80..... 5 6610 for Iheahipmiert of whest it 101 6s 103 3 3~ | Ches & Oh (112) 9 i | Middie Sm““s e = mington A(2). 17 3 18 lectric Power, preferred, registered |AJax Rubberss.... 5 104 103 | Market St 75 40. 97 o674 | £ J.:lt' Sy ‘\:]"" b b o fin B . fae TRl . s g 5 |one transfer at 1087;. Not 1 hond | AM AsriChem 7s 108 | MII EI Ry & L 53 973 4 it it Chi & Alton ot ) 4 Mid States Ofl et 5 . 5 ., Telautogra(60c) 12 iwas out 3 Am Repub deb 6s.. 2 i | M&Lrf ex 5: today licating mors | Chi Great West. 5 MStP&SSM 1i(4) 6 ( S Texas Coct (3). B3k 58% B4% . 1% N " S |AmSmitERES... T | IEEEE& SEuEc e 9 hi Gr West pf.. i o4y Mis Ken & T o 5 B4 1% NorledMiller of Perth, Scotland, | Am Suzar ref 6s... 29 M St P & SSM 6%s 215 s Chi MIl&StP. ... 4 9% | MoK & T pf (8 : e Pace .. dhi do% ioa Mmanaging director of the General Ac-|AmT&Teltrds.. 19 94 ¢ |IMK&T4sB % 51 500,000, Bhsh | Chi MU&SLP pf. . Momh e 9214 Tex & Pacifio, . 0% 30 4% {fis cldent Assurance Corporation. with |AmT&Tocltrbe.. 1 y MK &T adj 5s 974 00,000 Dush C M&StPofs. . .. e o E ol slo | Frederick Richardson, United Stutes AmT&Tgfbs... - MK &T pr In 5 6 1086 | Tt va added bt R s C M&StP pf ofs. o1 75| M »f. 86 ¢ 90 s ‘ . 10 imanager for the same company, are | AmT & T deb 5%s 39 105% 107 Mo Pacific gen 4s.. 42 35 73%] e e oshiam el ¢ ontana Pow (5) 91, 79% | The Fair (2.40). % 27% " Washin L : 3 73%1mates point to very large producti Chi & Nwn (4) - Montgmry W (4) | T1de Water (1%) . T o714 | gton attending the monthly | Am Writing Pap 6s 9 Mo Pac6s49D.... 106% 106% | this season in A raliz A 674 | 2 - d {meeting of the board of directors of | Anaconda st 8s... 3 4 103 Mo Pac 63 55 B, 6% 1064 1ow| sickinalidin i i S 60 00 b O O b o b PRRRRRR which would e s as the ol selling around 47, T) ence in rest rate betwe group was irregular. was only Sugs Chi& Nw pf(7). ; é 5 2 pf(7) Moon Mot (13%). 143 | Timken (15). ... 8% | the Potomac Insurance Co., in which | Anaconda cv db 7s. K Nassau ERy 4s67. 6 60 ChiPneuT (5).. ¥ s | ) Mors & Esx(3%) E 8014 | Tobac Prod (7). 2 109 lthe General Accident holds « sub.| Andes Cop 7s rets. New Or Term 4s... i BT 8T w . Oregon Short Line 4x #!ChHMRI&Pac... 6 2 L Prekar B S0 Sut o3 CRI1&Ppf (6). Mo Pletimetiity 1 . ;3’,’“1;:%{‘0(&;’)' : : ey "' stantlal stock interest. The divectorate | Armour&Co 41ks re : gar || SO TR : b cture(1%:) : 7 2 dges ! “* | of the Potomac. with Mr. Norie-Miller | Armour Del 53js.. 12 9 ¢ NOT&MGYs. .. 48 1033 CRI&Ppf (7) 3 % R 7 M . b & 4o it : e e | e e hbaaer: @ {and_ Mr. Richardson, guests of | Assoctated O11 6. f i e e e New Bond Issues NEW YORK. October 28 (Special) Two new issues of honds for the City Cold Storage Co. of Phila d by Spence ou. Pac. ¥ | Childs (32.40)... = o . SM Silof S, ¥, 81ax 1 { Chile Cop (2%). 4 | Motor Whl (). Un Carbide () .. 4 935 92 82U Charles E. Hood at the Blue Ridge Atlantie Refinfs.. S “| N Y Cent 45 98 Bwite & Co 'bo { Christie B (1.20) 2 Nnsh Mot (13).. 6% G6% ik ?" §,’.§ Rod and Gun Club for today. | Barnsdan 6s ctts. . 961 6% | N 'Y Cent deb 4s. p 10 Chrysler Corp(8 Natl Acme...... O T ir () Phone Stocks Advanced. Bell Tell Pa s B 2 21 NYCrfim4lisi3 ¢ 97 Chrysler pfA(8) ¢ Blseult 51 - Dn Eaoflo nech) . ™ s o Tzell Tell Pa 58 C... 1 i | N Y Centri5s. 5 | Clev & Pitt 3%y | Nat Cash R(A)3. g The steady appreciation of shaves of , geth Steel pm 6% 1y @ N Y Cent deb 63 7 “ Bros. & Co 1041, | Coca-Cola (7) Nat Cloak & Suit & . X {the American Telephone and ‘Tele-| peth Steelress.... & N Y Cent IS ol 314+ Howe, Snov s, Inc., and Ha 1004 | Collins & Atk(4). 56 3 a Utd Clizar § (¢ 9 graph Co. is reflected in the fixing | pe 5 6 93% 95'5 | NYCRI&SIL 5% sA. : i | rison, Smit One is an issue of e i Col Fuel & Iron, 1| Nat Distil, 90 g:ddr?:uf (‘s(; i & ;f‘ . lll)rk'v for the stock to em- o : NYChI&StL, S14sB. 370 | $2,000,000 1 o honds, & per 1 Sou 2 Nat Distillers q 4 g 1st(3 s oyes of the company at 130, I 1 IR ¢ a1s | cent serle o 195 ¢ t 09 FOREIGN EXCHANGE. proc-in :,_.';’,':;,' 8 | Nat Distillers g 4 Ttd Dyewood. .. ¢ 8% 4 811 to November (he stocl it e ol | e fifl‘f,;":‘z'. w ; DR b 5 E L O L Lo (Quutations furnisbed_ by . 5. ifibhs & G0 ) | Col GEEI of8 (5) ' 8§ |NatEnamel &8. 2 o 112% by employes at 125, while early in the | Bush T BIdg 55 6 i 9 | New Haven c d 6s.. 3 41 | O ¢ 0,000 in 613 pe ominal <ellin: checks | Col G & E pf (T) 5 1141, | Nat Pw&Lt(80c) g | L ldgf;l;;‘:?;’;m- B year it had heen offered at 121. With | Calif Pete 6%8. . | NY-ont Wist 4s.. ) 7 convertibie entures, due si%% | ColCarbon (4).. 641 | Nat Fy Mex 1st. @ B O SiirtGuting o BS 201 Telephone and Telegraph holding con-i Cen Leath 6s 45 cf N Y Rys 65 65. 941, at 98 and vield about’ . [Com Cred (2)... 22 21% 21%| Nat Ry Mex 2d p | O e S G o4 {sistently around 145 the spread be- | Chile Copper s 32 i 105% | N'Y Rys 6s A 65... nt. The procecds of this fir { Com Inv (3.60) 5 56 36 56 |NatSupply (4).. THG 737 73 O eeer. 101 b 547 tween the market price and subscrip. | Commonwlith P 6s.. 7 37 N Y State Ry 41, will be used to build and equ Com Solv B (8). 8 152 1841 Qi}:‘:flgflkfl{; 3 }!;”::i A 8 0 % ?itlon price to employes became too | Con Coal MA 1st Gs. 27 % NY W & Bos 4%s. 4| warehouse: to | Congoleum-N. 22 21% 21%| NY Alr Brake(2) : A0 I ., hon 4 wide. The company announced recent. | Con Gas N Y 5%s.. 7 105 Nor & S gen 55 54.. 7| and Ohio-Readin are s now | Congress Cer (3: aovt | et s (o 5 2 | " ; 61 {1¥ that there are now more than 170, | Consumers Pow Gs. 2 4| Norfolk & W cn 4s. 9 nearing_completion, which is to I o RS (1) . 5 T - 5 1 A et 3 108% | 000 Workers paying for the stock un. | Cuba Canecv7s... 9 % | Northern Pac3s... 3 g operated under a 2i-year lease: to pro il o 1% | NY Chi&StL(11) 1981 US Rul . ik, T 'a114 | der the plan, Cuba Canecv8s. .. N 4 vide additional working | Consol Distribut 2 2 > 2 I NYNH&Hart.. 43% 44 U S Smelt (3%). 3 3114 { g 2 e & orthern Pac 4s. .. d wrking capital, an X | Conmo1Ga% (B).... s Wkl e e 1 D SRt A : i i il 06 o8 e Dkl | Cuban Am Sug 8s. . 7 Nor Pac 4%s 2047.. g to retire outstanding bonds and oti saw. zloty 3 Epe | ConRRCuba pf 6 7 70% | N, > Steel (7) 1397 i | Dodge wies. . 4 Northern Pac 5s D Y b obligations. g peagen.” S LA e 3 By g s e ¢ 1387 James A. Soper. cashier of the Lin:| Donner Steel 7a Northern Pacr 1 63 21 X : | Cont Bakg A 61% | AT (109 LER) . i Universal Pipe. 9 1 | coln National Bank, has gone to At-|DuqL & P54s Ore Short L rfs 4s. 98 | €. W. McNear & Co. and B. J. Va Jeie s | Cont Baking B 9" | North Am pt(3). 504 Unty Pipe pt (1) 9 6 (":’l‘x'“‘l City to pass @ two-week va- | Duquesne Light 6s. 106% 106% | Ore Wash 1st 4s. 5% | i Cont Bak pf ( 9 897 4 . 2. a e " o Tigs. " 105! 5% | Pennsyl con 4%s FEDERAL LAND BANK BONDS. | Gont Can (16). SR North Pac (5).. . Utl PALL A (e 4 ! Vice.president C. W. Warden of the | SotCuba Sus 7% Fr ol [P b g i per (Quoted by Alex. Brown & Sons. Closing.) | Cont Insur (6). St Vanadium (4). 3 40% | Continental Trust Co. has raurnedr%mrflxvz' ety o 115% | Pennsy! gen 5 5 106 4 1067 | due serially i A0pros | Cont Mot (80¢). Of1 Well Sup (2) 321 214 Viek Chemteal.. 48% 48% | from o vacation passed at his estate { Goodrich 6% 3 i 105% | Pennsyl os 64. s es 5 Rate—Mat o gt 4850 veld: | Gorn Proact2) Omnibus....... 13 e ot 2574 236k | Dy ySLnia. 3 | Goodyear 851931 . Pennsyl 6%s...... : y roceeds will be used ! Ma - 1 Corn Prod pfi7) Onyx Hos (3.20) 3874 ¢ 3 Va-Carf . ? L 874 “8TH _There has heen fine response for!Goodyear 8s 1941 Pennsy! gold 7s. 714 1071 | provide funds for road improveror N 3 191 Coty Inc (4).... Orpheum Cir(2). 28% % 28% | Va-Car Ch’p @ ol ‘16‘2 307 the ‘annual Halloweer party of the|Hershey 5%s . 2 Pere Marq 1st §s. 3 4 103 B purposes, } | Crucible St1 (5). Otis Elevator (8] 119 1204 | Vivadou (8) e ©U" { women's committee of the local Insti- | Hoe & Co 6% 3 % |PCC&StLIsA. . i i i | Cuba Cane Sugar 9 Otis Stlprior(7) [ Wabssh- 391 |tute of Banking to be held at the Humble O & R5% : PCC&StLEsBT5 i An_ additlonal issue of 3 } | Cuba Cane Su pf 5 4 3| pacific Gas (8).. 128t 1281 128% | Wabash p! 785 784 73% | Wardman Park Saddle Club Satur-|Illinois Bell st 58. 11 1027 Port RL&EP5S42. 4 90° | Queensborough (ias and Ele 5 | CubaCo (4).... y 8 Pac Ofl Stubs. .. & 1% | waldorf (1%). - 2114 213 |day evening, Miss Catherine Kreig, | Illinofs Steel 4148.. '3 : Reading gen §%s.. & fur ge 5 per cent b Cuban-Am S (1). 2 2 24 | packard (12.90). 33% 3% | walworth (1)..- 16 |chairman of the committee, reports.|Indfana Steel5s... 3 Rio G W 1st 43 99% series of 1955, has been purcha 261| The New York Curb Exchiange has | Int Mer Marine 6a. 106 89 leArk.L‘“s s oa% B W ©. Tanuleys & COxana 3 | | | { Cudahy Pk (8). 102 i 102 2 | Paige Mot(1.30). 12° 4+ 1244 | ward Baking B. 19 | Cushmann pf(7) Pan.Am (6).... 3 62% | ward Bak pf (1) ¢ 89% |removed Loew's, Inc., 6% debentures | Int Paper &8 47 St L IM&S 4529 bright & Co. | Davison Chem. . 2 2715 ;| Pan-Am B (6) . Y ‘6 63 ' warner Bros. ... 44% | of 1941 from its unlisted trading priv- St L IM&S R&G 43. L . i Deere&Co pf ‘ ?n;‘m:d\‘w;nn(z)» ;i‘},:; ‘Warren B‘ron ()] o8 -5'2‘6 ileges. 3 o StL&SFplésA. 137 - 8! 3 A new issue of $1,750,000 first 1 S Del L & Wn (17) 3 e e : | weber (4 Lt ———— e StL&SF prinbs. gage 6 per cent notes, due Jul BROKER IS SUSPENDED. e E R, 17 Frn Panhandle pf. 9 69 t" e cnnmlA (D) 981 | DIVIDEND! Kan G & E16s62.. StL&SFi%sD.. 2 1928, of the Beach Hotel Co. NEW YORK, October 28 (#).—-Ed- | Detroit I2d (8).. 13 4 137% 1373, | Pathe Ex (c3) 4743 3 43% west P F1pL(7). 100% 8 S. Kelly-Spring 8s... 20 SF 3 o offered in the near future by . ward E. MaeCron Detroit was | Detroft Edrts.. & 3y; | Peerless Mot. 28% 2814 west Maryland. 126 128 Stock o1 | Lackawa 8 58 522 SF LA Becker & Co. at par. The notes « suspended frem the New York Stock | Devoe&Ra(2.40) St g Penn C & Coke. . s 16 | west Md 2d pf.. 21% 21% ¢ Corp. o . “record | Laclede G 5%s 52.. b StL&SF a direct obligation of the Beach i« % & R 281 .| Penna RR (3%) 56% | Tnion (8) . 144% 144% | SRSEE T o 10 | Lorillard (P) 7s. .. G " . 2 o o C1 Exchange today for one year for al- | Dodge Bros CIA ; | West Unlon oo Jaa% fcniiar’ Co. R st StLS W Ist ds. ... hich owns and operates the « I, Jeged violatlon of the institution's | Dodgept (D). ... , | Penn-Seab Steel. % % % % | westhse A B (7) % 1261 12 Do pf Loutsv 2 St P & KCShL 4%s 2 cago Beach Hotel. lat . e 2). : g s é St with knowledge of Mr. MacCrone, | Dupont (14). : 4 | Esortmu et o 19 | wheel & LEDI.- 151 % ing group headed by the Hunks 8 0 @miloves Who ! managsn | DEPORLES). % 4 1601 | Pere Marq (18). i 108% ywmite Eagle (2) Montana Pow b 3| Trust Co. of the offering of a 1 S i 3 . 115% | Pulla Co (). . 78 | white Mot (4). Mor's & Co 18t 4% 95% 95% sue of $1,000,000 Electric S Nat Tube 18t 6s. .. . s : 95 | Corporation collateral trust 5 per 4 | Bold honds, ond_serie branch offices in Michigan, one-half | l:}xq;:asn:{zgeu) 1ot 110 116w | DU SR it Mot (O { the net profit of those offices in | DUFAS™ : Philip Morris. .. White Rock.(12) N'Y Edtson 58 4. Sou Pac 4 29 3 ary, without having | Eastman (13)... 119 119 ng 119 | Phillips Pet (3). Wi Ewirentms.. N e 1 e e i s ! el rin Novembes. 1. 13566, v ined approval of the | Bisenlohr & Bro. 12 Phoen!x pf (7).. Willys-Overiand 1 25 Southern Ry gen s 13 #815, to yield about 5.10 per cent. A mittee on - | El AutoLt(8%) Plerce-Arrow. ... 1 | 00 ot (1) Soithscary gee o L e i tins oL 2 : e e 6 o |Eseearped Wilson & Co. ... tire about 36 per cent of the is: ke e r 3 o lmiOne 2 % wilson & Co(A). to maturity by purchase vor Elec P & L pf(7) - 94% 94% | Plerce Perolm. . 3 Wilson pf (3%) - Nor Ohto T& L 8 & demption by lot at 103. The co Nor States Pow bs. % 2 pany is a subsidiary of, Generul Fle Nor States Pow 6. tric Co. Union Pac 1st 4s... 2 “ s IliON AND STEEL EXPORTS. ''EP&Lpf40%(7) 2 5 101% | Pitts Coal...... 38 5 8 ' | Woolworth (16).- T — COTTON GOODS QUIET. . 325032 wrG85EEE" 120% | westinghse (4). 24| Wheol & L Erle. 2 220 i ted 257 gke b s {0 RN =~ TP EEEG 3339 3 ¥, ¥ EEL o8 St Do et S 2222 §4 L tabor 2 " | Elec Refrig (c2) 44% | pitts Coal b | ) NEW YORK, Oitiher 25 (P —Tron | e sto Bat(t6) €5 8§53 $41 84% | Pitts & W Va(6) Lo and steel expo 1 September | giHorn, s 28 16 i Tk w,,: htnB (). - ‘_:;;n;e.'x‘sm‘ A; e e, 4 gain of | Efle,((k} Pom_x: .. " g:,: Tl 0,483 tons over 2 st. smtot. : P Reots. — Erio24 pr.. Producers&R pr. ¢ | ZstlowTr (o0} NEW YORK, October 28 (Spectai PLANS STOCK INCREASE. | Erte Stm Shove jPubSer N J (8). g | BonaE —Cotton goods markets were quie bt % . W\ | Eureka Vac (4). Pub ",’.;’;’.‘" (ln;) Hourly sdum Market. —_— 74 t::ay la:h ||n(-hnnxkdledprh;esg:-v:lr NEW YORK, October 2 5 4 | Pub SE Po pf( 4 am. 498, - nt cloths were quo! a < for \merican and Forelgn Power Co. has | Fairbanks (.- . 113 | Bullman Co (8). 17 i Nam 188200 2pmaisioseo | BUYS HUNGARIAN BONDS. - i §4xs0s and at Tic for 69x72s. Rav notified the New York Stock Exchange 5 Punta Aleg Sug. % NEW YORK, October 28 (#).—Ne- sllks were steady. "3 proposed increase in authorized | FeaLight(H40) - | Pure Ol (123). Diyidend rates er’e'n o in {.: St o] PR e B LI e o7 82 82 e Sa s M e stock from 1,500,000 shares 10 | 003 vot T(£80c) Pu;:::t gu‘: };; : uprterls o Tour, deciarytione. | $6,000,000 Hungarian consolidated HERCULES POWDER PROFIT g Fed Mot T(L83:) | Purtty Ba 3 5 municipal loan were completed yester- | Remingtn Arms TREASURY CERTIFICA' e P S | Fisk Rubber. Purity Bak pt(7) y stock ST o dfayatle | day by Speyer & Co., New York bank- | o0 on gy g1 gs TIFICATES. NEW YORK, October 28 (@)K | t pf (T 1o Corp i . % tock, ers, who will offer an issue of 20-year Al " 4 cules Powder Co. earned $13.01 a sh: SAFETY RAZOR EARNINGS. Fisk 1at BT ov(1) 9814 #fl‘:c 4 (ox'*‘) i 4| 7 Per cont bonds next Monday. The | Sinclair Ofigs..... 3 (Reported by J. & W. Selixman & Co.) |on the common stock, after preferred NEW YORK. October ). | Fletschmn(12%) . Ray Copper(256) re @ %%, auarterly’ | ponds will be direct obligations of 32 ::llcmrg:{"hm - .| dividends, in the nine months this American Safety zor 4 83 a | Foundation (8). Reading (4). 8l % 5 % 1 sin:gumam n cm".{'fil will be issued sn:°0r-.'¢.onx'i. % 1008 id 108 s ::u‘r, rwé'll: nr_xet phrom ntl $2,475 : ~hare in the fir ) 6 on net | Fox Film A (4). ks 71% | Reading rts 24 g . e approvi the Hungal By r. 18, 7 4 ainst $12.37 a share and net profit ‘0! '« | Reading ] i Sovernient. s garian | gin Pipe Lne 68, s e 16, 1927 . i ;1:_5'2,31!,501 in the <ame period of Income of $601%4 L~