Evening Star Newspaper, October 30, 1926, Page 14

14 bl FIN LEADERS GO LOWER IN STOCK MARKET Changes Are Mixed in Brief Session, With Bear Side Getting “Edge.” BY STUART P. WEST. cial Dispatch to The Star. NEW YORK, October 30.—Price changes in the two-hour stock market today were much mixed, but the ma- jority of the recognized leaders were ower. There was nothing in the week erd mercantile reviews that was par- ticularly inspiring, and the latest fig- ures on bank clearings showed a drop as compared with the week last year of 2.2 per cent. Wall Stréet saw in this confirmation of what it had reason to believe for <cme time past, that the business movement throughout the country yis slowing up. although not as yet % the extert which would warrant any une; It is a factor, how- ever, in the market, not inducing liquidation, but having a sobering ef- fect on the buving side. Much attention was given to the tory that the Nickel Plate merger could be put through on terms satis- tory to the dissenting minority olders of Chesapeake and Ohio, but ving out the Erle. Chesapeake nd Ohio opened up over 2 points, hile ¥rie first preferred and Erie common at one stage were off over a point. ckel Plate was higher. Other rails were variable. Atchison rose a point. then fell back. Realiz- ing sales were felt in Missouri Pa- cific and Southern Pacific and Union Pacific was lower. Some further buying occurred in Rock Island in ex- pectation that the stock will be placed on the dividend list early next vear. The oil group held up better than most of the others, for the reason that the present level for many of these stocks does not offer any chance for profit to those who have been hold- ing on. The steel group was mostly lower. The United States Steel common was freely supplied on the way down and Rethlehem Steel was hanging around ts recent low. The Street considers that the splendid earnings statement of United States Steel for the Sep- tember quarter belongs to past his tory, and that the thing to figure upon is the earnings for the fourth quarter, as they may be affected by o falllng-off in the demand from auto- mobile makers and from the building trades. 8p: WHEAT HAS SETBACK IN TODAY’S DEALINGS Selling of Corn Also Is Influenced by Heavy Receipts—Eastern- ers Unloading. By the Associated Press. CHICAGO, October 30.—Wheat val- ues underwent a_sharp early setback today, and corn dropped to 4 new low price record for the season. Selling was a good deal influenced by large receipts, both of wheat and corn. Starting unchanged to 1 cent off, wheat railied a little and then headed down grade, falling 2 cents a bushel in some cases. Corn opened unch: ngzed 1o 13 cent down and soon suft®-d a general decline. Oats were easy, pro- Vislons irregular. A rush of selling that appeared to come largely from Eastern sources found the wheat market without any aggressive support soon after the opening today. Much of the selling that stage was concentrated on the May delivery of wheat. A pre- wvalent opinion was that some big eastern holders were lettinz go of their wheat Corn hit the lowest price yet on the new crop by touching 743 for Decem- Ter. Unlike vesterday, howev corn market ~displayed ss than wheat, and on the downtu 96 carloads as a R vear ago. nst 160 cars Chicago Live Stock. CHICAGO, October 30 (United ates Department of Agriculture).— Jiogs—Receipts 6,000 head: fairly ac- general to 10 cents Jower than vesters average: top, avy butchers, up- bulk, strong-weight slaughter upward to 12.75: bulk of packing 10.25a11.25; few finished light- welghts on shippers took 2,000; estimated holdover, 2,000; heavyweight hogs, 12.25213.50; medium, 12.90a13.35; 12 ; light lights, 11.50a 3 packing sows, 10.00a11.75; rlaughter pigs, 11.40a12.75. Cattle—Recelpts, 1,000 head: com- h week ago, good to choice fed st scallng 1,200 pounds up ward, 50 to 1.00, mostly 75 lower; re- celpts largest since 1920; closing trade very dull; holdover liberal; better grade of long yearlings, off; Ight yearlings scarce and dependable wlong with common and medium including grassers, or; e me top 11.40: tew above 1 10.09 then taking bulk kosher other heavy off ~pots nll cutters whout stead heep Recelpts, Jots natives around 1 more on 5240 classes 00 hes odd , steady: for 600 direct and 62 doubles stations; fat lambs, dy: feed. 15 higher; | week's top fed Western: ange lambs, 13.85; fed clipped fat native lambs, wethers, 11.25; 7.00; 14.00: fat ewes, 14.25. range feeding lambs FOREIGN EXCHANGE. atlons furnished by Hibba & Co.) - Nominal elling checks AT .ondon. pound $4 8065 {ontreal. dollar « e Wrane anc l;.n.., alo, crown......... tockohlm, crown NEW YORK, October Yoreign exchanges. easy: quotations $n cents: Great Britain, demand, @543, ; cables, 4843, 60-day bills on hanks, 480; France, demand. 3.15%: Italy, demand, 4. 30 (P— Holland, 39.96; Norway, 4. Sweden, 26.70; Denmark, 26.57; Rwitgerland, 19.28; Spain, 16.14 Greece, 1.22%; Poland, 11.37%: C oslovakia, 2.96; Jugoslavia, 76%; Austria, 14.12%; Rumania, Argentina, 40.75; Brazil, 18.68%; okio, 49.00; Shanghai, 59.12%; fontreal, 100.12%. —_—— The elevators of New York City $eily carry nine million persons, 160-239 pounds, | West- | aged | ANCIAD Abitibt Pow (4). Adv Rumley.... Ad Rumley »f(3 Ahumada (1) Ajax Rubber. Allled Chem (4). Amal Leather. .. Amal Lthr pf(7) Amerada (2).... Am Agricul Chm Am Agri Ch pf.. Am Bosch...... Am Brake Sh(6) Am Br Bov EI(3; AmCan (3)..... Am Car&Fdy (8) Am & For Pow. . Am & Fo P pt(7) Am Internatl. Am LaFr1)... Am Linseed. ... Am Linsd pf (1) Am Locomot (8) Am Loco pf (7). Am Metals (4).. Am Radtator(5) . Am Safety R (3) Am Ship & Com. Am Smelting (8) Am Stl Fdys (3) Am Sugar (5)... Am Sugar pf (1) Am Tel & Tel(9) Am Tobac B (8) Am Typ Fdrs(8) Am Wa Wo o01.20 Am Wool pf (7). Am Writ Pa pf.. Am Zine. Am Zin pf. Anaconda (3)... Archer-Danfels. Arnold Cons&Co Asso Dry G(2%) Atchison (7).... Atchison pt (). At Birm & At. .. At] C Line(19%) At Gult & WI.. Atlantic Refin Auto Knitt Baldwin L (1).. Balto & Dhio (8) Balto & Oh pf(4) Bang & Ar (3).. Bayuk Cigar.... Belding Bros Bethlehem Steel Reth 8t1 pf (7).. Rooth Fisherles. Briggs Mfg (3). BkInEdison (8 Blkn-Mn Tr . Bk-Man T pf(8). Rrunswick Ter.. Ruff Roch&P(4) Burns Bro pf(7) Butte&Super(2). Butterick (2). Calif Packg(4).. Calif Petrol(2). . Calumet & Ar(8) Can Dry (e2%). Can Pacific (10). Cage Threshing. Case Thr pf (7). Central Alloy (2) Cent Leather. .. Cerro De P (4).. Certain-Teed (4) Chand-Cleve. ... Chand-Cle pf(4) Ches & Oh (112) Chi & Alton. ... | Chi & Alton pt Chi & East Il pf Chi Gr West pf.. Chi MIl&StP. ... C M&StPefs. ... C M&StP pf cfs. Chi & Nwn (4)-. ChiPneu'T (5).. Chi RI& Pao... Chile Cop (24). Chrysler Corp(8: Cluet Pea pf (1) Coca-Cola (7). .. Collins & Atk(4). Col Fuel & Iron. Col G&FI cfs (5) Com Cr pt B (2) Com Cr 15t(6%) Com Solv B (8). Congoleum-N. . Congress Cgr (3] Con Cigars (7). Consol Gas (5). . ConRRCuba pf 6 Consol Textlle. . Cont Bakg A (8) Cont Baking B.. Cont Bak pf (8). Cont Can (16)... Cont Mot (80¢).. Corn Prod(12%) Coty Inc (4).... Cuba Cane Sugat Cuba Cane Su pt Cuba Co (4).... Cudahy Pkg (8). Davison Che Del & Hud (9).. Detroit Ed rts. . Devoe&Ra(2.40) Dndge Bros Cl A Dodge pf (7). ... Dome Mines (2). Douglas Pec (2). Dupont (14).... Dupont (new).. { Dupont deb (6). Eastman (13)... Eaton Axle (2).. Electric Boat. .. Elec Power & Lt Elec Refrig (c2) | Elec Sto Bat(16) FElk Horn Elk Horn |Erte R R | Erte 18t p | Erie 2d pf. ! Erie Stm Shovel. Eureka Vac (4). Fatrbanks (3)... Famous P1 (J8). FedLight(*1.40) Fed Mot T(f80c) Fifth Ave (64¢). | First Nat S(1%) | Fisk Rubber. ... | Fisk 1st pL(7).. | Fleischmn(t2%) Fox Film A (4). Freeport-Texas. | Gabriel Bnu (15) { Gen Am Tnk (3) Gen Asphalt. Gen Clgars | Gen Elec (h3)... | Gen Gas A(el%) | Gen Motors (7). | Gen Outdr Ad(2) Gen Ry Sig (16). | Goodrich Ru (4) | Goodyr pr pf(8) . | Gothm S H (21%) Gotham new 2% Gould Cou (2) Granby Consol. . | Grt North pt (6) Grt Wstn Su (8) Gulf Mo & Nor.. Gu M & N pf () Gulf States (5). Gulf Sta 1st (7). Hayes Wh(t3%) Househd (13%). Howe Sound(4). | HudsonMan (2% Hudson Mo(3%) Hup Mot (1.40). Indep O11 (1). Indian Refining. Inspiration (2).. Interbor Rap Tr. Internat Agri... In Ag C pr pf(7) Int Bus Ma (3).. Int Cement (4).. Int Com Eng (3) Int Harvstr(6).. IntMtch pf(3.20) Int Mer Mar pf.. Int Nicl 2)... Int Paper (2)... Int Paper pf (7). Intertype (t1%) Towa Central. .. Jordan Moter... Kayser J (3).... Kansas & Gulf. . 1y-Spring Kenneoott (4). Kraft Cheese. Gen Elec sp-(80c . Gotham pf (7).. 1 Atl Gulf&WI pf. 1 Int Tel & Tel (6) 116 19% 1% NG _STAR, WASHI | NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office . Closs. 50 21 Lago Ofl & Traa, Lambert (3%).. | Leh&¥Fink stf(3) % | Liq Carb (3.60). | Loew's Ine (13). | Long Bell A (4). 105% | Lorillard (§3)... % | Loutsiana Ofl, LoulsGasA (1.76) Lou&Nash(16%) Melntyre P (1). 7% | Mack Trucks (6) 2&' Mack T 18t (7).. 99 | Macy HR & Co. 14% | Man Elm g (D§) 84y | Marland Of1 (6). Marland Ofl rts. Mathteson (4) May Dept St tag Co (2) ican Seabd. . Miam! Cop (1).. Mid-Continent. Middie States. .. Mid States Ofl et Miller Rub (2).. M St P & 88M pt Missouri Pacific. Missourt Pao pf. Montgmry W(4) Moon Mot (1%). Mothr Lode(750) Motor Met(8.60) 63% | Nash Mot (18).. 80% | Nat Cash R(A. 120 119 47T% | Nat Pw&Lt(80c) 42% | NatiSupply (4).. 26% | Nevada Cop (1). 41% | NY Afr Brake(2) 161 | N Y Canners(c2) 100 | NY Central (7).. 1 | NY Chi&sStL(11) 194% | NYC&StL pf (6) 83% | NY NH & Hart. . 32% | NY Rys 2d stpd. 103 | Norf & W (110). % | NAm(10% stk). 117% | North Pac (6). 102% | Oi1 Wel, Spf.... 72% | Onyx Hos (8.20) 42% | Opnhm, Col (4). 48% | Otis E! tor (8) 29% | Otis Steel 44 | Otis Stl p: 108% | Owens Bot (t4). 255 | Pac o1 Stubs. .. 1257 | Palge Mot(1.30). 64% Pan.Am (6). Penick & Ford. . Peerless Mot.... Penn C & Coke. . PennaRR (3%) Penn-Seab St Peoples Gas rti Pere Marq (18). 1 Pers M prior(5). Phoenix Hoslery Phila&RC&I.. Phillips Pet (3). Pierce-Arrow. Pterce Oil. Plerce Ofl pf. Pierce Perolm. Pitts Term Coal. Pitts & W Va(6) Postum (6) Prod-& Refl! Pub SBer NJ (6). Pub Ser NJ (n). Pullman Co (8). Purity Bak (B). Radio Corp of A. Radio C pf (3%) Ray Copper(250) Reading (4) Real Slk Hos. Reynolds Spngs. Rey Tobac B(5). Royal D (a8.078) Safety Cable (4) 8t Joseph Li(1).. StL & SanFr (7) % StL&San ¥ pf(8) Schulte ()..... Seaboard Alr L.. Seab Air L pf.. Sears-R (n3%). Seneca Copper. . Shell Un (1.40).. Simmons (12.26). Simms Pet (1). Sinclair Oll. . Skelly Ol (2). Sou Calif Ed (2). Sou Dairies A(4) Sou Dairles ... South Pac (8). 50 16% 87% South Ry pf (6). Std G & El p£(4) Std 011 Cal (2).. Std Ol NJ (1).. Std O1l NJ pf(7) Sterling Pro (6). Stewart War (6) Studebaker (5).. Submarine Boat. Superior Ofl.... Sweets of Amer. Symington Symington ‘Tenn Copper (1) Texas Co (3).... Texas Coct (3). Texas Gulf Sul.. Tex & Pacific Tex & Pac C Third Avenue. Timken (16). Tobac Prod (7). Transcont Oil. Underwood (4).. Un Bag& Plp‘l) « Un Tank Car(6). Un Tk Car pf(7) Utd Cigar 8 (¢2) Utd Drug (8)... UtdDrg 1st(3%) U 8 CIP&F(10) U 8 Distributing U 8 Ind Alcohol. U S Realty (4).. Utl PALE A (e2). | Va-Caro Chem. CarCh 6 Wabash. .. ‘Waldort (1%). Ward ClA (8).. ‘Ward Baking B. ‘Warner Bros ‘Weber (4). West Maryland. ‘West Md 24 pf.. West Pac pf (6) . ‘Westhse A B () Westinghse (¢). Wheel & L Erle. ‘White Eagle (3) White Mot (4).. Wickwire ctf: Willys-Overland Willys-Od pf (7) n & Co. Wilson pf 3% ‘Woolworth (16). Worthn Pump. ... Wwright Aero (1) Yellow Tr (760). Youngstown (4) Diyidend ra the annual casl t quarterly or ‘otherwise not Al not_inc] 84 8 given in tra or 9 a‘:’amnu—-nm";"nn‘uué-' e % Rkt ) aole [0 o878 inree 25,8 and Cuba for the remainder of her | o ) -50 shat in ke it an ul lor e mainder of her oy %.. opscim, sopn’ B $1°%% (Decial supply. Curtailment of the continental 1 A searching party is now trying locate the lost continent, Atlantis. 82% | 18 | 18% 824 | 80% 42% | 2014 | By the Associated Press. % 1078 So Porto R Srts. 1 Southern Ry rts o 20% | sugar output, by reason of the hur- 63% | ricane last week. 56% | 60 % 42% from a survey 116% | in % 88% | Havana and Pinar del Rio, struck 93 54 . 161% 161 116% | 116 92 157y | prevent overproduction. 57% | 200% | 584 | 106% | 13815 . 129! 19% 30 9% | a 33y | I8, Vivadou (3). 31 39% | tons. 2 C 2% | PRODUCERS HAVE DOUBTS. 25% | 46% | 61% 3i% | planters for & world conference of 81% sugar 126% | production, S. H. Love, f 67% , the United States Beet Producers' 25% | Association, said here last night he 26 ss:‘ honesty of purpose in calling such a 19% plan. 90% 10% | coming Cuban sugar crop, Mr. Love 21% | believed, would have a stabilizing ef- 13 1631 but to what extent he was unabla to 21% | say. 28% 27% the Cuban market is unstable due to | B 84 Fe! 0% i L iSELIGMAN COMPANY IS MOVING INTO THE SECURITIES BUILDING % Cooper, Recently Named Vice President of American Telephone and Telegraph. Is Well Known to Washingtonians. BY EDWARD C. STONE. W. & J. Sellgman Co. is today mov- ing into offices in the new Securies Bullding at 729 Fifteenth street north- west, from 1409 H street. The firm's | new home {s located on the second floor of the handsome addition to the financial district which has just been erected by Swartzell, Rheem & Hen. sey and the Co. Frank P. Morse, manager of the Washington office, and his assist- ants are highly elated over thelr new quarters. Seligman & Co. i8 a very old Wall | Street house, having been founded in 1848. For a good many vears the firm did an underwriting business, handling financing for big railroads and other important industrial enter- prises. These securities were not sold directly to the public, but turned over to other financial concerns, which marketed them. The company has also played an important part in the reorganizing of several rail- roads, at the same time carrying on an extensive international banking bustness. The company maintained an office |in Washington during the Civil War |as it handled the money for the pay- | ment of the navy officers. It was also active in the underwritting of a large | war loan which the Government ne- | gotiated at that time. Then for many years the firm had no local office. Re- | cently, however, the officers of the company decided that in carrying on an investment banking business they would sell securities directly to the public. Owing to_their southern con- | nections it was deemed a good move to open an office here, and at the be- {ginning of the present vear, Frank Morse, then with Redmond & Co., ac- cepted the offer to become local man- |ager. . | ""Cageless counters, similar to those in use in the Federal-American Natiohal Bank, have been installed in the new offices. The telephone operator will be located so that she can see instantly whether any party called on _the phone is at his desk. Manager Morse Sonsiders the surroundings ideal as to location and conveniences. There will be no board room, as the company carries no margin accounts, but com- plete bond quotations will be kept con- stantly avallable. Stockholders Know Official. Charles P. Cooper, recently appoint- ed vice president of the American Telephone and Telegraph Co., is wide- 1y known in Washington, having been sent here in April, 1918, to help the Chesapeake and Potomac Telephone Co. meet the Government's needs for phone facilities. To meet these needs it was necessary to bring operators from all over the country. The tele- phone development grew from 40,000 to 65,000 instruments, and it was necessary for the company to estab- sh a girls’ school and take over two apartment houses in which to house the operators. Mr. Cooper showed such abllity as an organizer that he was advanced to general plant superintendent, and remained here for some time after the war. The hun- dreds of owners of telephone stock | in this city will be interested to know that a man of his ability has been made a high official of the company. Contrary to the expectations of most_economists, the development of the electric refrigeration industry has not interfered with the growth of the general ice business. An analysis of 20 leading ice companies just prepared by Goddard & Co., Inc., shows that, the aggregate net earnings of these' Wardman Constructioff| Companies available for interest, divi- dends and taxes for the year ended December 31, 1925, amounted to $14,- 396,687. This compares with $9,199- 511 for 1924, a galn of 56.6 per cent. Gross earnings in 1925 were $76,661,- 598, as contrasted with $71,738,581 the year before, which would indicate that the gain in net was due in large measure to the efliciencies in opera- tion, as no important increases in ice prices were made last year. Redmond Participates in Loan. Another foreign religious loan—the third to be arranged with American bankers by religious denominations in Germany—will shortly be offered in this market, it was learned yesterday. This time, however, the flnancing is on behalf of Protestant (largely Lu- ‘heran) institutions in Germany instead of Catholic organizations, as was the case in the previous financing. Howe, Snow & Bertles, Inc.; Redmond & Co. and Ames, Emerich & Co. are heading a syndicate which has just purchased a new issue of $2,500,000 Protestant Church in Germany Welfare Institu- tions 7 per cent 20-year secured sink- ing fund gold bonds. Monetary Situation Iriproves. Moody’'s Weekly Review says, in rt: “The monetary situation continues to improve and the prospects of credit inflation which existed in Au- gust have practically disappeared. During_October money rates usually move distinctly upward, but this time they moved siightly downward. The same credit improvement is displayed by bank loans.” Institute Party Tonight. Tonight will be the big night for Washington Chapter, A. 1. B., when the annual Halloween party takes place at the Wardman Park Saddle Club. In addition to the music and dancing many other features have been planned. The committee in- cludes Miss Catherine Krieg, chair- man; Miss Rose Royce, vice chairman; Miss Mary Craven, treasurer; Miss Esther Lau, secretary; Mrs. Judith Fishburn, Migs Ellen Crawford, Miss Mary A. Beall and Miss Frances Or- rison. Other Financial Notes. Loans totaling $78,750, sufficient to provide housing accommodations for 14 families in Washington, were au- thorized at the last meeing of the Metropolitan Life Insurance Co. real estate committee. The loans were placed through the Potomac .Savings Bank. The board of governors of th New York Stock Exchange have admitted ,450 common stock Motor Car Corpora- tion, consisting of 268,589 of $50 par value each. This is all of the common stock outstanding of an authorized issue of $20,000,000. ESTIMATES VARY ON SUGAR LOSSES ‘CUhan Figures in Hurricane Toll Range From 18 to 30 Per Cent of Crop. HAVANA, October 30.—Twenty % | per cent of the sugar cane in the | aftected area will be lost, with a pos- | Sible reduction of 200,000 tons in raw This is the opinion of a sugar mill who returned yesterday of the entire area of Matanzas, | engineer the provinces by the storm. The Cuban Sugar Club placed the loss at 26 per cent and other au- thorities have varied between 18 and 30 per cent. The highest estimate of tonnage lost has been given as 270,000 tons, but many persons be- lleve this figure is high. Engineers point out that the heavy rain a few days after the hurricane prevented much cane from living, by washing away the sofl from the roots, in many cases the cane was lying flat on the ground. Loss in sugar content will not be known until after the grinding begins on January 1, but this is not expect- ed to differ greatly from the cane cut | on the same fleld last year. | A committee of sugar growers has | recommended to President Machado ! that the coming crop be limited to bout 4,500,000 tons. The planters also suggest that a | world sugar conference be called to Would Eliminate Carry-Over. Curtailment of the Cuban sugar crop to 4,600,000 tons would bring the indlcated world production for this | year to virtually the world consump- % tion for the 12 months ending August | 31, 1926, with the consequent elimina- 12| tion of the carry-over which has been | held by the trade to have hampered | recovery of the industry. | Consumption for the 12 months end- with last August was announced as 23,876,000 tons, and the prospective crop for the current year at 24,290,000 SALT LAKE CITY, October 30 (#).— Cpmmenting on a proposal of Cuban to prevent over- roducers ¢ president of would have to be convinced of the 7 meeting before falling in with the The proposed curtailment of the | fect upon the home product market, Sugar producers in this section say sver-production, and this over-produc- tlon is about the amount of the world |H pbnis bAR "Rl | surplus. oY Fearly % ihe | “Sugar producers here doubt if it odira pit - would be possible to secure an agre: d in this country. x| produces less than half of the sugar 1Partly extra. | ment among continental producers in it g}}""”: | the United States to curtail the crop ey bbluac 1o 235 consumed, and must look to Hawail j crop would mean going into the out- -ger quantity, the continental ed. mar] or would be fatal te Industry, it was d The United Staras; ERIE ISSUES DROP IN BOND MARKET Big Turnover in Foreign List, With Smaller Advances, . Is Noted Today. BY GEORGE T. HUGHES. | Speclal Dispatch to The Star. NEW YORK, October 30.—Features of the Saturday short session in bonds included a sharp break in Erie issues, renewed buying of Denver and Rio Grande 65s, advances in some of the high-grade investment loans further large turnover in the foreign group, but with the gains much small- er than on the two preceding days. Selling of the Erie obligations was { based on the published report that the Nickel Plate merger would be effected without the Erie. The convertible D 4s, which always move with the stock, opened down a point and a half. The A and B 4s, on which the conversion privilege has expired, and which sell on a yleld basis alone, broke even more severely. The B 4s dropped 2 points, and the A's more than 2 points. Erle general 4s at one time were down over a point, but they seemed to be better supported. There were rallles in all these issues later in the day. Denver and Rio Grande 5s were the leaders in their group on the buy- ing side. Selling above 73, they made a new high on the movement. Demand for high-grade bonds was very selective. Illinois Central joint 5s, Wabash 5%s and Baltimore and Ohio first 4s were in the largest rela- tive demand. In foreign bonds the gains of the week were well retained. Buying to- day centered upon the Italian 7s, which sold above 93 for the first time In weeks and more than a point and a half up on the week. French T%s and 8s were fraction- ally higher, and so at times were the two maturities of Belgian 7s, but ac- tivity in these fell off sharply from recent sesstons. Hungarian municipal 7%s sold above 97, influenced by the favorable reception given to the new Hungarian 7s offered Friday. Scattered gains appeared in the do- mestic utility and industrial Iist. Among them were Hudson and Man- hattan refunding s, Interboro bonds, Empire Gas and Fuel 8%s, Anglo- Chilean Nitrate 7s and City Service Power and Light 6s. - GERMAN BONDS AND STOCKS. (Quoted in dollars per million marke.) 3 sked. Ger Gt (w 1n) Bs 1014-18. 1725.00 1776.00 Hamburg 41 1010, ... 120.00 11366 (Quoted_in dollars per thous: Ger Gen Elect 4138 pre-war Ger Gen Elect 4138 1919.. Berlin 48 pre-war., & Hamb 3s. 3%s & 48 pre-w. Hamburg Amer, Line 4 No erman Lloyd 4 North German L] 2 F Munich 4 re-! Badische Antlin ... AEG (Ger Ge Elec) ! ! Commerz and Privat Bank. Disconto. Gellschaft adner Bank | TREASURY CERTIFICATES. (Reported by J.-& W. Seligman & Co.) King Albert of Belgium rides a motor cycle economy. and | NGTON, D. C., SATURDAY, OCTOBER 30 ON NEW YORK Received by Private Wire Diswet to The UNITED STATES. ! (Sales are in $1.000.) High. Low. 64 100 18 100 14 100 14 3 10211 102 11 10211 Lib2d 4%s. 114 100 18 10017 10117 47 1015 1014 1015 61 10219 102 17 10219 52 10131 101 29 101 30 11 104 15 104 12 104 12 210815 10812 108 15 Sales. Lib 3%s... Lib 1st 4%s Lib 34 ¢%s. Lib ath 4% Ussy US 48 1944. US4Ksb2. FOR Argentine 6s Ju 59 Argent!: Argentin Australian §s. Austria 7s. . Bank of Chile 8%s. Belgium és Belgium 6%s. Belgium 7s. Belgium 7Ts w { Canada 5s 1952 Canada 5%s 19 Chile 7s 1943. . Chile 85 1941 Con Pow Japan Copenhagen 5%s. . Cuba § Czecho 7% rets. . Czecho 8s 1951. ... Czecho 8s 1952 ct. . Denmark 6: Sales. High. Low. Close. 8 98 5 [ 2 76 .2 Dutch East I 6s 47. Dutch East I 6s 62, Finland s f 6s 46 Finland 7s Framerican 7%s. French 7s. Montevideo Ts..... Netherlands 6s 54 Nord 6%s. Norway 5%s. . Norway 6s 1948... Norway 6s 1952. . Orient Dev deb 6 Paris-Ly-Med 6s Queensland 6s. Queensland 7s. . Rhinelbe Un 7s Rio de Jan 8s 4 Rfo Gr Do Sul Saxon (PW) 7 Seine 75 42..... Serbs Crot Slo 8s. . Sofssons 6s. .. Swiss 545 1946. .. Swiss Confed 88 Toho Elec Pow 78. Toklo 5s. . Utd Kingm MISCELLANEOUS. 104 Ajax Rubber 85. Am Agri Chem 7 Am Repub deb 6s. . Am Smit & R 18t 58 Am Sugar ref 8s. .. AmT&Toltrds.. AmT&Tst5s... 3 28 54 117% 104% 1 103% 99% 101% 104 98% AmT&Tdeb5%s Am Water Wks 5s. Am Writing Pap 6s Anaconda 1st 68 Anaconda cv db 7s Andes Cop 7s rets. Armour&Co 4%s rf Armour Del 6%s. . Assoclated O11 6s. . Barnsdall 6s ctfs. . Bell Tell Pa 5s B Bell Tell Pa i Beth Steel pm 5s. . Beth Steel 5%s 63. Beth Steel Bklyn Union 5%s. Calif Pete 6% . Cen Leath 6s 45 cfs Chile Copper 6s32. Commonwlth P és. ConGas N Y 6%s.. Cuban Am Sug 8s.. Denver Gas s Dery (DG) 7s Dodge w i 68 DuqL & P 5%s Duquesne Light st Cuba Sug 7%8. Empire G & F' 7%s. Fisk Rubber s Goodrich 6%s. . Goodyear 85 1941.. Hershey 6%s. Humble O & R5%s Tllinois Bell 1st 5s. Indiana Steel 5s... Int Mer Marine Int Paper 5s 47. Int Paper 6i Int T & T5%s. Kan CP&L 68 Kelly-8pring 8 Laecl G ref 68 3: Laclede G 5%s 63.. Louisv G & E 6 52. North Am Ba 8 Nor Ohlo T & L €s. Nor States Pow bs. Nor States Pow 6s. Pac Gas & E 5 PacT & T 5s 5! Pan-Amer Pef Phila Co 5% 38 Phila Cort 68 A Pub Serv Elec 6s. . P Serv Gas 5%s 84. Punta Alegre 7s... Remingtn Arms 6s. Sharon St1 H 8s. So Por Rico Sug 75. Bouthwest Bell 5s. Wilson & Co 1st ‘Winchester A 7% Youngstn S& T 6s. RAILI Atchison gen 4s.... 00 o | Atlantic C L cl 48 AtlanCL 4%s 6 At] & Dan 1st 45 48 Atl & Dan 2d 48 48. B & O Toledo 4s | Bklyn Manhat ¢s. Buff R & Pitt 4%s. Canad North 7s Canad Pao deb 4 Cent of Ga 6s. Central Pacifio s as an example o!icmnmmu».. @ 103% 103% 4 106 o 4 1017 101% 4 102% 102% - AR RRO0 CNNN AN A PRANARAN =B OR SRR 0 Swianvanens 16 ROAD. 10 80% 2 103% 4102% 2 107% 1 81 28 96% 1 92 4 115% 13 86% 1102% 8 9% 4101% 23 102% 102% 4 108% 108% a2 105% 105% % 104% 104% % 100% 100% 5 104% 104% 103% 103% | 4 1926. FINANC INDS s | Cloge. 98 98 97% 98% 97% 9% 97% 9% 101% 101% 95% 95% 87% 8T% 108% 108% 107% 107% 102% 108 90% 90% 88% 89 104% 104% 103% 103% 101% 101% 100% 100% 108% 108% 95% 95% 99% 99% 102% 102% 101% 101% 102% 102% 102% 102% 103% 10387 104% 104% 104% 104% 91% 91% 98 93 89% 89%, 98% 98% 90% 90% 101% 101% 101% 101% 82 92 824 82% 92% 92% 91% 92% 100% 100% 104 104 7 71 88% 88% 102% 102% 106% 105% 14 114 114% 115 101% 101% 103% 104 99% 100 93 98% 94% 95 87% 8% 102% 102% 113% 113% 95% 95% 75 6% 117% 117% 104% 104% 104 104 103% 103% 99% 98% 101 101% 104% 104% 98% 9f 100% 1007 105% 105% 96% 96% 60% 62% 106 106% 106% 9%k 9% 93% 94 102% 102% 97 97 102% 102% 102% 102% 97 97 95% 95% 100% 101 154 154 103% 103% 102% 102% 104% 1047 104 104% 105% 105% 100% 100% 96 96 107% 107% 9Th 9T% % 7% 95'% 95% 104% 104% 106 106Y% 105% 105% 103% 103% 116 116 105% 106% 120% 120% 102% 108 103% 108% 89 89 98% 100 100 109 109% 102% 102% 103% 103% 101 101 108% 103% 99% 90% 98 98 104% 104% 96% 96% 101% 101% 85% 851 96% 116% 116% 110% 110% 102% 102% 104% 104% 96 96 99% 9974 1054 106% 99% 99% 101% 101% 100% 100% 103% 103% 107% 107% 104% 104% 108% 109% 92% 92 108 108 100% 100% 96% 97% 92% 92% 107% 107% 102% 102% 107% 107% 101% 101% 111% 111% 100% 101 101% 101% 99% 100 92% 103% 103% | 1027 102% 107% 107% 101% 101% 81 81 96% 90% 92 92 115% 116% 8515 85% 102% 102'% 1% 91% 101% 101% High. Low. Close. 99 98% 99 79 7 9 69% 69 69 654 54'¢ b4k Bd% 54% bd% 54% b54% 5d% 83% 83% 83% 54'4 54l 54l 5i% 5d% 66 56 564 65% 104% 104 111% 111% % 74 91% 91% 103" 1087% 99% 99% 103 102% 103% 103 96% 96% 99% 99'% 6% 96% 104'% 104% 90% sn;m Chi&EIgnbs.... 33 Chi Great West 4s. 9 CM&StP4s3bcfs. 2 CM&StPdb4s... I8 CM&StP deb 4s cfs. 25 CM & St P gn 89 5 CM&SPcv4 % 332 12 CM&SP cv 58 cfs 14 10 CM&StPrrd4%s. 5 CM&StPr 43%s cf1+ 18 & o mroao®aalon CubaRR 6s Cuba N R 6: Del & Hud 5% Den & Rio Gen 4s. 15 D&RI0oGimpbs.. 3 D Rio G West b»...165 Erie 1st cons 4 1 104% 90% 99% 3% 80 Erfe conv 4s A Erie conv 4s B Erie conv 4s D. 107% 107% 98% 98% 115% 115% 106% 106% 113% 113% 22% 22 97% 974 §1% 8% 87% 8T% 1074 106% 1025 102'% 102% 102% Green B& W db B. Hud & Man ref 5s. Hud & Man aj s Il Cen 4s 53. 111 Central rf 63 55. 111 Central 5% 11-C-C StL&NO 5s. Int Rap Tran bs... Int Rap Tr 6s stpd. Int Rap Tran 6s. .. Int & G Nor ad 6s. . Int Rep C Am 6s 41. Kan City Ft S ds. .. Kansas City S 5s. . Kan City Term 4 Lake Shore 45 28. . Lehigh Val 5s 2003 Louis & Nash 7s... Man Ry 18t 80..... MStP&SSM E%s M StP&SSM6%s MEK&TprinbsA. Mo Pacific gen Mo Pac 5s 1965 Mo Pac6s49D.... Mo Pac 6s56 B.... Mont Trm ref 5 41 Nassau E Ry 4s 67. N O Tex &M in 5s. NOT&MG6%s. 98% 987 87% R/T% 98% 98% 104% 104% 105% 105% 66% 656% 91% 91% 102% 102% 101% 101% 8% 3% 1 98 97% 1064 106% 106% 106% 96% 96% 60 60 100% 100% N YCentr16s. N Y Cent deb 6s.. . NYChi&StL 5% 8A. NYC&StLésA. NYRys6sA65... N Y State Ry 4%s. NYStateRy 6%s 62 NY W & Bos 4%4s Northern Pac 38 Northern Pac 4s. Ore Short L rfs 4s. Ore Wash 1st 4s Pennsyl gen 4%4s.. Pennsyl 5s 64. Pennsyl 6%s. Pennsy! gold 7 Pere Marq 1st 88 PCC&StLEsA.. PCC&StLG5sBT5 Reading gen 4% 104% 104% 107 107 104% 104 103% 103% 98 98% 101% 101% 12 112 107% 107% 1034 10314 10415 104% 104% 104% 9% 97% 90% 90% 83% 83% 946 94% 97U 974 92% 92 StLIM&S 4s29... St L IM&S R&G 4s. StL&SFpldsA. 838 StL&SF prinS6s. 99'a 99 StL&SF 101% StL&SF 9 9% StL&S 92% 92 StL&SFplésC. 102% 101% StL S W ist4s. 86% 86% StL S W con 4s 32. 9415 944 St P & KCShL 4% 9216 92% Seaboard AL 4s sta 9% 9% Seab A L ref 4s. 3% 3% Seab A L ad] b: 81% 81 95% 95% 95% 95% . 98% 984 . 92%% 92% 85% 86% 106% 106% _112% 112% 118% 118% 92% 9244 105% 10: 62% 6214 55 54% 98Y% 98% 90% 90% 102% 1024 102% 102% 103 103 101% 1017% 52 103% 103% 12 7% 10 Sou Pacific ref 4s. Southern Ry gen 43 Sou Ry con 68 94. . Sou Ry 68 56. . Southern Ry 8% Sou Ry Mo & O ds. Texas & Pacific 1st Third Ave ref 4s Third Ave ad} bt Tol Tr L&P 5%s 30 Unlon Pac 1st rf 4s Union Pac cv 6s. .. Virginia Ry 1st 6s. Wabash 1st 58 ‘Wabash 2d bs. Wabash 5%s 76. Wilkes & E 15t & 70% Baltimore Markets BALTIMORE, October 30 (Special). —Potatoes, 100 pounds, 1.25a3. sweet potatoes, barrel, 1.50a2.00; yams, barrel, 2.00a2.25; bushel, 80a75 beans, bushel, 1.00a1.50; lima beans, bushel, 1.00a2.00; beets, 100, 00a3.00 cabbage, 100, 2.00a5.00; cauliflower crate, 1.00a1 carrots, 100, 8.00a5.00; celery, cratae, 2.00a2.50; kaie, bushel, 36a40; lettuce, bushel, 75a1.25; onions, 100 pounds, 1.50a2.25; peppers, basket, 20a50; pumpkins, 100, 3.00210.00: spinach, bushel, 25a80; tomatoes, basket, 25a1.00; turnips, basket, 30a35. Apples—Barrel, 1.00a3.50: bushel 35a1.00; cantaloupes, crate, 1.75a2.25: cranberries, box, 4.00a4.60; grapes, basket, 15a18; grapefruit, box, 4.00a 6.00; pears, bushel, 1.7524.00; quinces, bushel, 1.50a1. 2 Dairy Products. Poultry—Live Spring __ chickens, pound, 28a24; Leghorns, 20a22; poor and thin, 17a18; old hens, 20a28; Leg- i8a20; old roosters, 17al8; small and poor, 18a20; old, 35; pigeons, pair, 20a 35; guinea fowl, each, 40a75. Eggs—Recelpts, 2,288 cases; native and nearby firsts in free cases offered at 53a54. Butter—Good to fancy creamery, pound, 44a49; prints, 49a51; blocks, 48250; Tadles, 32a33; rolls, 26a30; store packed, 24%: dairy prints, 25a30; process butter, 36a37. NEW YORK MARKETS. NEW YORK, October 30 UP).—Rye easy; No, 2 Western, 1.08 . 0. b. New York and 1.06% c. i. f. export. Lard weak; Middle West, 13.80a13.90. Wheat futures opened barely steady; domestic, December, 1.467. Other articles unchanged. SHORT-TERM SECURITIES. . & W. Seligman & Co.) (Reported by J. man & Co o H [ S R G ) o3z 7 conda_Copper fs 1929. BaVUROr° of Cannaa b 1985 Cang No. Ry. C. 4 555! £33 N 1935 1 'of Geo 030 Sl & S Paul'on 1034 ¥ Lyon @ 1034 . e 3% E, Lt 5w 192 Efi tinental G. & E_5s 1927, Fll"l, v Corp. 5s 1028 Goolyear T. & B. 58 1828 88 Northern _7s 1036 i ol Corn. Pa. Blan 1936 ey Choe. Co. Bias 1940 10 Hershey Ghog 0 R 1940 1002 Mass. Gas Co. B%s 1 2 e 3 332832 2BREREBI2. e . %3358 o S%: = it Westinehouse: E Wisc, Ceat. By. iy 728 .| while oysters were IAL acmsenver] | FROSTS D) DAMAGE T0 NEARBY CROPS Lima Beans, Tomatoes. Egg- plant and Squash Are Hurt by the Cold. Lima beans, string beans, tomatoes gplant and squash are among the Fall vegetables seriously affected h: recent frosts. “The plants have bee cleaned out,” was the report of one of the largest wholesale dealers in vegetables this morning, “and onl\ the vegetables that have been ered and put indoors,” he added, being brought to market.” There are still some choice tom toes to be found in the market, beins those ripened in told frames or ir doors. Such tomatoes will be in e\ dence a week or two longer, it stated, but most of the ripened stoc being received is that that has bee gathered some time and kept awa from the frost. Many only falr or inferior tomatoes were offered by wholesale dealers this morning, prices ranging from 75 cents to $1 & half bushel, while the chofce stock brought $2 and $2.50. There were many green tomatoes on hand today, stock that growers did not hold over for ripening. and prices quoted were 40 and 50 cents a baske Peppers Not So Plentiful. Green and red peppers, plants also hard hit by the frost, were not . plentiful tcday, and dealers say the supply soon will be exhausted. Pep pers always prove a good eeller, it stated, and are in demand during ti« Fall season for pickling purposes « well as for table use. Red peppe were quoted at $2 this morning green ones bringing $1.50 and §2 Turnips, the cheapest vegetable the Iine this morning, brought 50 and 76 cents a bushel basket. There is such a large crop of the vegetable this season, it is stated, that there i« no likeltha®d of high prices the com ing Winter. Parsnips, a vegetable in demand 1 cold weather, are becoming more plentiful, dealers quoting them at § a bushel. FEgg plant and squash among the vegetables affected by t frost, are not so plentiful, and highe prices rule. Cut-off carrots, in plentiful suppl: brought 5 and 6 cents a bunch, whil beets sold at 6 and 8 cents. lettuce from nearby growers, not wel headed, was quoted at from 50 cents to $1 a crate. Higher prices probabl will prevail when the quality of the vegetable improves. Sweet Potatoes Are Cheap. Homegrown white potatoes, quality, were quoted by dealer a barrel, while sweet potatoes sold at ve: low prices. Kale and spinach continue cheap, the former selling 50 and 75 cents, and the latter bringing $1 and $1.25. g Apples of several varleties and Kiefer pears from nearby farms con tinue plentiful and cheap, trees of both fruits being scarcely strong enough to stand the welght of the fruit. The pears sold as low as 5t cents a bushel, for Inferfor 'stock. to $2 for the choicest. Choice apples sold at from 50 cents to §1 a bushel Liberal supplies of grapes from Michigan and New York growers con tinue to reach the local market. The demand is reported light and the mar ket weaker. Twelve-quart baskets were quoted at 50 and 55 cents, the 2.quart baskets selling at 133 and 15. Poultry dealers are displaying an interest in the prospective supplies of turkeys for the Thanksgiving holi day season. Numeros fairly large shipments already have been recelved possibly a trifle earlier than usual. 4{and dealers say they are in the bes: possible condition. Live turkeys brought 40 cents this morning, d ed stock selling at 45 and 50. Chicken Prices Drop. Chicken prices dropped during the week, bringing the price of the lve barnyard product to 25 and 26 cents lower than at any time the past few months. Dressed chickens were quoted at 32 and 33 cents. Increased sales of pork and pork products were reported. The supply of pork was not great, according to reports, and the market continued firm, loin prices being especially high The butter market continued firm: throughout the week, with a slight advance in prices. Dealers report decided falling off In receipts of store packed or country butter, due, it i= stated, to farmers disposing of th- cream to hetter advantage than by making butter. Three creameries i nearby Virginia are consuming most of the cream in that section. Outputs of marine products at Municipal Fish Market during the { week were heavy. There were plenti ful supplies of most varieties of fish. not so plentiful and a trifle higher. Deafers report oysters as being in much better cor dition this season than the past few years, and oystermen on the lower Potomac and Chesapeake Bay have been able to make good deals with buyers. v Early morning buvers were out {i the usual large numbers, and whole salers were able to supply their de mands. Extra purchases of pumpkins for tonight's Halloween celebration marked the morning trading. Prices of practically all comodities this morning were the same as yesterday's Today’s Wholesale Prices. Butter—Fan one-pound prints 2a53; tub, 50ail; store packed. 38. hennery, ; storage. 2a Eggs—Fresh, selected, 50ab5; current receipts, 40a 38239, Poultry-—Alive—Turkeys, 40; chick ens, White Leghorns, 24a26 fowls, roosters, 20; ducks young. 15; keats, young, 54 Dressed—Turkeys, 45 32a33; keats, young, 81 26a2 20; old, Meats—Beef, 18a19; veal, 22al4 lamb, 26a30; fresh hams, 28a30; shou! 23a24; loins, 36; smoked hams moked shoulde Live stock—(alves . 15; me dium, 13al4; thin, 7a8; lambs, 1214a14 Fruit and Vegetable Review. Today's market report on frufts complled by the Market Service Bureau of Agricultural Economics, says: ‘Apples—Supplies liberal; demand moderate, market steady: barrels, no sales reported. Boxes, Washington, medium to large size, extra fanc Delicious, 3.00a3.50, ~mostly 3.%5. Jonathans, 2.00a2.25; Spitzenburgs, 2.25a2.50; fancy King Davids, medium to large Bushel baskets Maryland and Virginia, No. 1, various varieties, medium to large size, Toa 1.00, few 1.25 1, 213 inches up. Grimes and Staymans, 1.00al.25. Cabbage—Supplies liberal: demand light, market steady; Pennsylvania. bulk, per ton, Danish type, mediuin sizes, 27.00a30.00; large size, 25.00. Celery—Supplies moderate; dema: moderate, market steady; New York, 2.3 crates, 2.503.00. Grapes—Supplies liberal; demand moderate, market steady; Michigan and New York, 12-quart climax bas- kets, Concords, 50ai03; New York, 2.quart climax baskets, Concords, 133gal5. Lettuce—Western supplies moder ; demand moderate, market steady; California, crates, Iceberg type, 4. dozen, best, 3.00a3.25; some ordinar: quality and condition, 2.50; Norfolk section, Virginia. bushel hampers. Big Boston type, few sules, Ta.