Evening Star Newspaper, November 3, 1926, Page 14

FINANCIAL THE EVENING STAR, WASHINGTON, D. ¢, WEDNESDAY, NOVEMBER 3, 1926. FINANCIAL Wm Received by Private Wire Direct to The Star Office ON TI'IE LOCAL STOCK EXCHANGE Recelved by Private Wire Mrect to The Star lA Oven. High. Low.Closs. (*) This table carries quotations | Sales. High. Low. 3:10. Advm e . . Feceived up to 3:15 pm. A com- | Tenn Elec Pow 6s.. 4 04% 105 umiey. 1 :5 | Gen Ry Sig (15). Bl T | Toledo Ban tet 7a.. 4 lovs 10Te 107% ... 16% 15% 4 Rumley nf(3 4% 48 Gimbel Bros Washmgton Bankers to Entertain Execu~| Hicte tabie wit o pubiished in Z A!r Reductn(16) 1284% 128% Glidden (2) the 5:30 Editlon. .11 lg:. 1‘0’5\‘: 105% % M 94! 94%s X e Ajax Rubber.... =% 8% | Gold Dust 6 % 4 4| 4 3 3 2 ), o Al am catiec 37 5 137w | Goodyear " Blt1vi UNITED STATES. 106% 106% 106% N . ublic Utlhtles Show Gain, Aniercian :(1‘); %n 1{335 ?Z«. i G 101 10 e Committee of National Safe Deposit Sl e 000} : w207 10 | Record Highs Made in French e - W Y = b £ 3 513 10 102 13 e = . . Probably Due to Politics | Auiscraim (6. ‘87" 's7 Gotham o7 (1" 116 {,| Advisory Council Meeting Here Saturday.| mpimse fiileiie s 3¢| Issues—Belgian Obliga- . Arbrin ?zn) ) lgs lg-(; 5 Grt North 'n::o(é)' by k . Lib 34 4% 51013 1013 1013 West Eléc bs. . 101% 101% 101% » in Ne_w York. Am Aericul Chm 11% 11% 114 Gt Nor Ore (1%) 19 91 8 Lib 4th 4348 111 10220 10217 10217 | Westn Unfon 6%s. 6 1115 111% 111% | tions Are Strong. Am AgriChpf.. 3815 381 ? .| Grt Wstn Su (8) a4 - BY EDWARD C. STONE.' Hivich of this xdvance Basalready:beeni] D AMNSI T 10816 108167108165 | WINEHEEGUSE RN 2 1011501005 108 Am Bank N 160, 41 44 GreenCanin, ., Traders preferred bonds on the | discounted. FOREIGN. Wilson & Co 1at 65 15 100" 00 1001 ; (ol i BY GEORGE T. HUGHES. s : "y e Gulf St ol } BY STUART P. WEST. m Brake Sh(6) 14414 141% ! ates (5) Washington Stock Ixchdnge today, Business Gains Expected. | Avaentineisn S e Jiis | Wnchaster A 74m. 2 1045 1045 104% “rne ate Am B Shoe pf(7) 115 116 115 | Hayes Wh(t31 5% 2 celal Dirpateh to Tho Star | Am Br Bog BieE) Yame on o B k) 24 2| the conservative issues being more | Local bankers are predicting steady | Argentine 65 a0 25 98 8 2% | Youngstn S& T s. 11 104 103% 104 | Special Dispateh to Tho Star. ; .-l-:'\\ YORK, November 3.—Today's AmCan (2)..... 5% 49% Blw| Househd (1314). 5 ¢ active than for many weeks.” Capital \ulvw\m‘ business in the ¢ “apital NOW | Argentine 6s Oct69 7 98 973 | RAILROAD. NEW YORK, November 2 irly general decline in stocks was|Am g::r;;;‘lu 12 2 S iipnaan . 5 5 | Traction Gs opencd the session at }’rnd» ke ““;]"‘fw Sx‘l‘l':"; "l}':;icz‘::’&n Argentine 6s A. i Ann Arbor 1s. | of foreign honds In large b irtly due, o doubt, to vesterday’s y (8) 5 owe Sound(4). : 1013, Georgetown Gas 53 came Out | of the year. The gain of $35.000, Lt (L Atchison gen 13 | at higher prices continued to be 11 gain_of ,000,000 | Areentine 7s i { Atlantic G L ol 4 2%Y outatanding fenture Of the ma it Ak Am Chain A (2). 25% HudsonMan(2% i8% & ction results, but more largely to| Am Chicle (3) 5% 55 % 350 | Hudson Mo 19 42 s lat 9913 and Potomac Electric Power |in bank clearings in V Australian 58 o 10 months in ison with the | Austeia 7s. ... Atlantio C L 1st 4s. msideration of the business outlook. | Am Drug. : Hup Mot (1.40) ‘ nivegl 0612. Th - = s 40). . gistered a sale at 1 e n ar Sllen + Wall Street saw it, the change in | Am & For Pow. ¢ 1% | tunots Cen (7). same company’s general and refund- | Shine, Terlod st year s SonsICerts | Bank of Chile 63%s. 43 9 BU ek s mgress. while not sufficient to| am Internarse.) o3 e, | [ndep Ol (1) 2815 « 534 's8%|ing 7s sold at 106. Washington Gas | $2:500,000 over October, 1925, and $12,- reaten the continuance of present | Am La Fr (1). Indian Mot (1 55 sold at par and the corporation’s |9 above f?]»(v\mhel also con- Jlicles, did indicate a drift away from | Am Linseed. ¢ ‘ 6s at 101 for a baby bond. The mar- avorable, although the d 1926 highs wers mado e powers now in control wheh mght | A {j;"‘,z"’““;: {;; ;6;:1 il 2 s 5). et AT e B T (o Sollet BAIEN, A o e e e Belgium 8w 9 3 Rty }';“,:,’;,‘T’,‘: }:,o’w:f,“",“‘“;:,'{ \dily be more pronouuced with the| Am Mach & Fy 3 :"“"“ St (23). 8 |in Washington Rallway and Blectrlc are turning at higher speed. For ex: | oogm 7#e. Orfimp 8s..on 57 1074 10744 107% | the record high for all time. 1In 11 5irns O the aibxt bwo eans: \m Metals (4) m. Inapiiadioni(e). 5 5 | 4s at 83 and Rafl 1nd Electric gen- yample, if the Southern Railway should | potiyta 89 . B&O SwDiv 5scfs 24 101% 101 Belgian group the new o y | Am Po&Lt (g1 f,]v 61% nterbor Rap Tr. 3 437 # | eral and refunding 6s at 103. Ipay a steel concern in Birmingham, | P B & O Toledo 4s. .. 81 80% lization loan, pressed stead ahe 1t te doubtful however, whether| sm Radtator(s). 109 110 Internat Agri... Capital Traction stock came out at | Ala, $5.000,000 for steel rails the! Bklyn Manhat 6s.. 236 967 98t 0c%| Until at 5% they iy Amnoriant pact of TR 8€ DB i RyBapie). B1% 81% IntBusMa (3). 52 5 524 | 10410, D. ¢, Daper preferred brought { check would pass through the Wash. | 9 916 | Buft R & Pitt 4343, go; | rom the offering p influenced by politics. The elec- | () oyt 3 4 4| .t Cement (4).. 5 5 80 and Merchants' Transfer and Stor-!ington Clearing House, yet would . 0414 | Canad N o - and the older Belzian m outcome simply helped to empha- | (1, gagery 1 (3) 60 5 int Com Eng (2) 404 417 % | age preferred sold at 101. The ses-{ have no bearing on trade in this city. Ec B NG % 117% 117% | but without such s 72 the uncertainty which had been| o gpio'e com. 7% {nt Harvstr(8).. 12 2 B ded with Mergenthaler Lino- | However, the reports on clearings are | Canada 5s 1931. 1 101 (e E - 115% | Prench Rallway bonds that owing itself repeatedly during the (MENDECOm. I8 L Inter Har pf (7) E type selling at 106, Federal American | the best business barometer available | Canada 58 1952. ... 43 10415 g 10ass | S2m2d Pao deb as.. 2 s 8 lchiefly in faver in that part of the /st two months. This uncertainty | (7 JREINE ) JEH 10 1 Micn pf(3.20) e e At e preferred appeared {and In tho long run are of very real | Canada 5%s 1886.. 24 101% 10135 101% | cCi'Sl PAcife § 91% | list. New records for 1926 were e 1s not enough to cause any big sell | 1 o' mayg (3) 42y 421 42 . | Int Mateh rts.. .. B in the list for the flrst time, 25 beln | value. hile 78 1948...... 53 1004 e e a0 ! v . Rather it was reflected in inten-| (T EH FAVS ) 434 0 int Mer Marine. 4 5 asked for the common and E g PUUCAE L i b ! : es & O ov 4348, ed portion on the buving side.| AT SUEYPOD 1L 114 nt Mer Mar pf.. . 3 Other Financial Notes. Chile851946...... 5 108% g’-rzfifiznms.. 5 i rices went down not because there | \p, gycar pr (7) 104% 104% | Int Nickel (2).. 3¢ 35 Auibors Council Meets Here. ; The Acacia Mutual Life A ion | Chinese Gov Ry 6s. 17 30 b cmngqqf"m’gug‘ 5 10 . Steamship 7s. \s much pressure to sell, but be-| < i A ut Paper (2)... 53 % {reports that 1.244 new policies total: | Con Pow Japan 7a. 31 5% strrGd. N Vet 1¢ the Seks Ta el | luse there was little desire to buy.| AT Juratra. ... 204 400 G0 int Paper pf (7). 96 ® 56| Fourteen Washington bankers in{ling $3,397.700 were e o ek o o |CB&Q N o CERE O CLIE R B United States Steel opened down | Am mebasec (8y. 1900 130% Int Tel & Tel (8) 117% (he uptown financial distriet Will act | tember and that 11.348 policies, | Cuba 5%8. CB&Q-Tdiv4 s 9 9 L s amy o SRR out a point, rallied for a time. | 7l poPRCe :a; 126" 120 20% as a speclal committee to Ereet am};...,,.,",m,,,: to $31,238,900, have been | Czecho 7% 2 Chi&E1gn 6s. 9% 4 P e ion dropped off again. The mid- | Am wa Wool20 3t B3% 52 o % 16 v a luncheon to the members of |signed so far this year. Officials now | Cracho 85 1951. 21 1021 | Chi Grent West du. 116 691 63 group, the ¢ ; wak stee] reviews once more wete | AT o o S Tanes Bros - <ty 4 l(‘h(- ¢ :r‘l{xti\l;\ (c\n:m{tdl:;' of :I:)e‘m.l”-]x;mwmm it cert that the Masonic | Caecho $a 1952 ct.. G 10"0. . 102% é;‘,g:’;‘;’: ¢ &| higher than i i i i They indi f g se ptd g o afe Deposit Advisory insurance compa lCM&s s 25 5 ko y ks : Ny, the same a8 occurred in Oc- S lfaYSerJ(s? o 40 % ness sessions to be held - {ins e 1n forca on' September 30 | Danish Munic 8s B. 13 A & & - i, which likewlso was o new tor her as compared with September. Q:“f;fi;’;m Tt h Kayuor pf (8). .. 4 10015 1ard. " Oscar W. Goading of Boston was £216,222.000, and the number of Bt 4 104 1 4 | PG U R Ll ‘her steel shares were mostly lower, | Archer-Daniels. 417 R e T o in president of the council and W, O policles 104132, In addition, on that | putshmast1 6s6 10056 | CME N P os e oy o & | the vield is around 5 per cent. dlum down mearly @ point, Bethle- | Armour of TI(A} s A MecClure of Cleveland, secretary . Ot | e g o $2.00s 000, e Lot | Finland af €a45. 9016 | CMSSPertoee ‘,," 5 054 53t 54%| g within this ol om off fractionally. Among the | Armourof I(B) 8§ % % S 2 e il ot Now B e St sgs. | Pintana T 9915 99 CMESir ey ; Baltimore & Ohio 5s, St. : wipment shares a_sharp fall in | Armour Ill pf(T) K1)s S Kraft Cheese. ... ' | York, C. J. Shiw, Newa 3., and | 600, e year.to date is $20.098: | mramerican 1%s. .. 69 CMESLD £ 4150 ot1s 6 | Franefsco B o8, Kansas Clty Southern K e ri roaniey [ et Kresge SS(1.20). 497 % L. 1. Thoman. 3 Towe,| S. W. Straus & Co. have purchased | French7s. 95! ; CM&StPovos... 5 s and Loulsville Gas and Llectric . America 550 Dry G(2%) B TomaL et Sectrity and |an issue of $2,100,000 first mortgage CM&SP ev s cfs 14 . o4t B4l | Demand for these was larger than t! OMAS Do O o 1687 1037 SuppIY, and although it did not appex iis comparatively steady but Ameri- | Asso.Ol (12.80). 4915 49% 49 Lago O1l & Tran. ve was g lambert (3%).. Trust Co., has made the preliminary |6 per cent, 4 to 15 year serlal coupon .. 4 = 37 Hesrdodn en:;:x:;;"m tnterpret | At} € Line (1943 198 " i i Lehgiin see(3 % 5 arrangements for the meeting and | old bonds of the Lake State Safe | 97 | ChIGNW 455 1987. 23 0% ~ 103 103 |in quotations on the board, that was “he election results as favorable from | Atl Gulf & WI.. 33% 357 35% | Life Sav (1.0). other local bankers are planning toDeposit Co., secured by the land and 5 Chi Rys 58 h % T4 4| because offerings were too small o “he standpoint of the public utilities. | At Gulf&WI pf. 35% 36 35 | Lis& M B (+4). Show the visitors as much of the city | the 24-story Lake State Bank Build- 9% 99%| ChiRT& Pr o o ois olv |attract buyers. What was wanted T e N X Liq Carb (3.60) i as possible during the brief time they |IN%, under construction in Chicago, 7 Chi Un Sta 4%s. .. e 971 o714 |was blocks of 100 bonds and the L a6 e % | Chi Unfon Sta 55 €4 2 1017 101% were seldom to be had. One dealer “rooklyn-Manhattan Transit started | Atlantic Refing." 104 104 103 100 || e i e ! ') over a point higher and Interboro | Atlan Ref pf (7) ug!/. 11% 113‘3 e . A 4 4 : 5 Local grocers report that apple § Chi & W Ind cn 4s. 864 864 stated that he could have sold $10 % Joins Crane, Parris & Co. week Is proving a great success in | 5 C&WISKS62... 4104 104 00,000 of such bonds if he had been Jtapid Transit nearly a point higher. “Then profit taking set in, and these 6. &8 Y T 5:2::3:)&:.(4). %! Charles P. Shoeffer, o bond sales | Washington, saies having been given | Huneary7%s 100 % 99%| CCC& StL rf 65 A. 3 102% 102% able to get them. ocks receded. e X L ¢ 55 5 Lorillard (§2)... 2814 | Man in the local financial district, { 2. tremendous boost by the clever win- | Italy 7s.. 4 9 93 | Clev Term 5s. 103% 103% 103 Speculatively the local tractlons The cut In crude oil prices Monday | Auto Knmer;' % Lorillard pf (7‘) has joined the staff of Crane, Parris |dow displays ia the stores all over the | Japanese 48 4 90 Cuba RR 7%s 107 107% were most prominent. N all o had not been generally apprecjated | Autosales pf 2% ENRANSIGN.. . & Co., investment bankers, Eugene E Japanese 6%, 99 |CubaNR6s66.... 13 98 974 these opencd higher, losing a part o umtil after the close of business. RaldwinL (7).. 118 120 117% 119% | [ouisGasA(1.75) Thompson, head of the firm, an-| Lyon 6s... ¢ ! 4 el & Hua 1 the gain subsequently. The Inter It had some effect upon the oll| Balto& Ohto (8) 103 108% 102% LontNaah 161) 130 nounced today. Mr. Shaeffer is a for- Marseflle 6sY . G e s e boro Refunding 5s, stamped and un hares today accompanied as it was|gang & Ar (3).. 42% 43 w43 Lo Gteelid: 30% | mer newspaper man, having been a AlNSLlE B. & 0. 0FF|C|AL Mexico 4s 04 asntd. Dein e e 1 stamped and Third avenue adjust v the weekly estimate on produc-| narnsdall A (2). 26% 26% 4 26% 4 = L financial writer with The Star and Mexico 45 10 asntd o 90% 90k 90kl o Wwere in demand and Hudson 'n indlcating that the daily average [ Barnsdall B (2). 23% 23% MecCrory B 11.60. % the Washington Herald. He obtained ASSIGNED T0 CAPITAL Mexico 5sassente 4 421 Det United 4 Lo and Manhattan income bonds touch ad reached a new peak. Pan-Ameri-{ Beech-Nut (13). 55% alack ‘Trucks 16) 934 2% | his first training in finance while in{ g ... Netherlands 6s 54. 25 104 2k ed 4148 94 o 42 e Tilghos Shaaiat ding thie in "" fell away over a point. Phil-| Belding Bros(3). 29 Mack T 1st (7). the employ of Alexander Brown & | il Dispatch to The Star. Netherlands 65 72. 1 107% it G P b b e >, Mack: 4).. % % e v BALTIMORE, N E. D. tips Petroleum, Marland, Texas Co. | iethlehem Steel ECkEy DN % | Sons and enjoys a very wide acquaint- | , PALTINORY, November 3-8, 0. S iy Frie conv 45 A 6% Junior railroad bonds were not much: : . s Frle conv 4s B 614 changed. Denver and Rio Grande and General Asphalt were lower. | Beth Stlpf (7).. 103% 108% Macy H R & Co. ance amon cal bankers, brokers {fandard of New Jersey and Barns.|Bloomingdale.,. 81 31 Magma Cop (3). ara bublicis ,,',‘;n.’ il agent at St. Louls, has been promoted T T2 101% e 4 s sl s A1) were steady, and Natlonal Supply | Briges Mfg (3). 25% 25% 2 Mallison & Co. i to assistant general passenger agent| Notway €w1944... 139 101% By oo Rt Cliu it e Sl in distinctly strong. BkInEdison (8). 156 156 Man El Sup (5). Throngs in Broker Offices. at Washington, according to an an- | Norway 6s 19562... 21 101% ';rnvnnvex!‘l 1075 1074 wmlr{rn I} taking, but on the O_lh!:r hand Shipping stocks were a feature in | Blkn-Mn Tr (4). 65 815 65 Man El m g (D5) The local broker offices were packed | louncement by W. B. Calloway, pas-|Orient Devdeb 6s.. 19 92 o irie & Jersey 6s. 1114 111% | Chicago and Eastern Tllinois 53 wer: he Tote® afterncon. International | Bk-Man T pf(6). 83% 35 Man Shirt (1%). 14 with traders today when the New York | Senger traffic manager of the Baltl- | Paris-Ly-Med 6s.. 207 84% & z 95 tively hought. In the oils Genera \fercantile Marino preferred was un- | Bkin Un G(t11). Maracalbo Otl.. 177 17 Stock Market opened, there heing MmoOre and Ohio Rallroad. Paris-Ly-Med 7s.. 209 94 64| Or Tranksrab os. L - B e N 5 35 | Marlgnd Ofl (4) reat eagerness to sea which way the | Mr. Ainslee is a native of Sandusky, | Paris Orleans 7s... 81 94 Grand Trunk7s... 5% |and Barnsdall 61¢s held their rece 1suall; ctive and strong, and Atlan- | Brown Shoe (2). 5 ‘ E: . 2 5 Marland Ofl rts, % i | Wall Street cat would jump after gaz- | Ohio, and was born April 19, 2 100 il O e e L 3 104 . ] s 7 tic Gulf and West Indies was in some | Brunswick Balig. 3 i - demand. The buying of Marine pre- | Brunswick Ter" 5 17 Marlin Rock (2). ! ing Bt the election returns, The cat | He first became identified with the k d terred was based upon the recent im- | Buft Roch&P (4) Martin-Pary(2). jumped downward right at the open-| Baltimore and Ohio in 1892 as assist- s 2 71 reat North 5%s.. 2 107 106% 5 provement in the ocean freight situa. | Buft & Susq. ... Mathteson (4).. 84% 85 ing, but not very far, and then the@nt ticket agent at New York and 243 90 bl L s New Bond Issues ton brought about by various causes, | Burns Bro (10).. May Dept St (5) market began to show improvement, | Wa$ made ticket agent there in 1904, "3 104 reen B & W db B. 3 3 > S chief of which is the English coal | Burns Br B (2). 2 MetroG pf(1.89) During the first hour the tickers were 2nd in 1911 passenger and ticket 9 102% i :'(“g: Man ref 5s.. 2 974 4 Mesicandestia,. Oonly moderately active. While busi. ,agent, Brooklyn, N. Y. In February, | Queensiand 88 5 105 u;'(‘enla'::-fj e S;:: | Special Dispateh to The Star. Bush Terminal. . l - 5 Miami Cop (1) 7 : 5 11917, Mr. Ainslie w: - 1 3 3 Butte Copper&Z. ness all over the country is expected as advanced to dis- | Queensland 7s. 114 11 Central rf 55 5. 1067 106% NEW YORK, November 3.—The Butte&Super(2). Mid-Continent. . Y 4 % | to improve during the holiday season, | trict passenger agent at New York; ty StESant o WEelnl AT b n b . } Mid States OI ¢t oW o Mo queatian arices &3 o mow | June, T918. dxent ‘of the consolldated | Rio'ge Jan fn 7. 18 102 T central shis.... 3 1074 102% 102 | B0, L 0o B T a00.000 Thain rward again, Corn Products de- | By-Products (2) 0 K ATt (6. 02% 921 = 2 [ Gox, 1918, awenc ot ths Tiimore andl| ie GEDISeINS:.. 2104 Int Rap Tr 55 stpd. 250 Stinnes Industries o Tericenk veloped a good deal more activity at Calif Packg(4).. 67 Missou. 1 Phalflo, | Camp Moads congolitated tinet o, | Sao PauloCity 8s.. 1 108 Int Rap Tran 6s. gold debentures, due October 1, 19 Ligher prices. The strength in these | Calif Petrol(2).. 1 MiBBOUHIPACHE. SoPortoRSrts. 1% 1% 15| ShE, Alnsile Wik DRIMDEES 1 Cuatutarh | s TRAL XORE ... 1 108 A0 Tnt Ran Tren 7s. .. p offered at 993 1 banking grous <peciul stocks steadied the general|Calumet & Ar(8) Montana Pow (6) Sou Calif Ed (2). 80% 21 huaiiorali panae promoted to assistant | gaxon (PW) 7s. 19 101 Int & G Nor 1st 63, 5 10 05% 10 headed by Halsey t & Co., a list, During the greater part of the | Calumet&H(1%) 1 Montgmry W(4) Y SouDairies AG4) 4343 " a3 fin 1920, P e Surcects W, W Shicwy | emeTsdz.., 94 9% 94 9% |18 G Norad8s.. 1 3 « ch’ debentt liay the rails aid little. Can Dry (62%). 36% 36% 386% ‘Mothe Lode(75¢) .| Sou Dairles Is... 20% 0% who Db Bros p:)‘nsmled o q,,}.',lpliii 31 95 ¢ Int Rys C A 65 72, rry two warrants, detachabl in the motor section General|Can Pacific (10). 163 g Mo Picture(1%4) South Pac (6., 107% 108 |pu~mger agem e A e Solssons 6s.......: 45 0% Towa Centet s, after October 1, 1927, as follows: Motors was well supported on _its | Case Threshing. 1569% 159% % | Motor Met(3.60) A Southern Ry (7) 118 7% 118 ity. Sweden 5%s ot. 17 103% 3% | pansas City S 35, . A warrant entitling the holder to re Jarly decline and in the late trading | Case Thr pf (7). 112 112 Motor Whi (2).. Southern Ry rts 1 6 o Swiss 5368 1946... 22 1034 Kansas Clty S 5s. . ceive during a period of 30 days, be rallied. Mack Trucks at one stage Central Alloy(2) 28% 28% NasEntcelirs : i e South Ry pf (6). y 937 | INJUNCTION DENIED. | SwisaConfed8s... 3 11%% A% | wan City Term 4s. ginning_ October 1, 1927, outstandine was off 2 points and the new du Pont | Cent Leather... LT . i\-": mgou;t '5)5/; 4 3 Spicer Mfg..... 4 21!5 | Toho Elec Pow 7s.. 6 95% ¢ ke SNorGeE1es. stock of Hugo Stinnes Corporation 1 nearly as much. Stewart Warner g:;':ohgtge('.l;f- gg“ 22‘;, . Nt Cash ROAYS. Spicer p;(x)A 1 | —_— : J;‘V‘ Lake Shore 45 31, . m:; r;ntlr‘n of 5 \luro'id!or each $1,000 cas lower and s <h Motor. .. 62 L g S Elg3. s “ e rincipal amount of deh e the other - hand, the . pr Certain-Teed(4) 42% 424 i vt el Sl a8 BiptH oo ! ?,f,tf B T SO e Bedpn] T1a Kinem B0 37. & 105 3 N g 2008 E5"a arkunt entitiing the. holder t Hudson Motor fnd | Stude- s ot A % | Sed Of1 Cal (2) Central Lease, Court Holds, | UtdSteamCopenés & 90% 90% | Louts & Nash 7s. .. fter October 1, 1927, and o1 EERICEREEE e Ches & Oh (112). 168% 170 4 | Nat Distillers pf 423 i N ) # 42| CINCINNATI, Ohio, November 3 e i Man Ry 1st80...... ,“m’,’(':,r"“‘fnfi‘l““’,‘""‘“ Chigalton. .. 55 5. | Nat Enamel & 5. g9+ | SESONUNERCOD: V)~ iolding ihat 1o fraud was A Market St 78 40.... 16 Fatlolor DUl SEares fot caci 411600 Chi & Alton pf. ki) 1 4 Nat Lead “ee evident in the proj d m AeT * Y % | MIIE' Ry & LL 5s.. a8 > e f Sterling Pro (5). Proposed lease of the |\t gmie & R 1st 68 17 101% MStPASSM5s38ztd g JUE ) < qmATRRIB ton iRt 28 9214 924 924 Chi & BastIll... 31% 32 b Nat Pw&Lt(80¢) % % t W Michigan Central Railroad by its ma- WHEAT GOES LOWER Chi& East INpf 43% 447 <| Nat Ry Mex 2d.. 2 5. W o s::::;“"n(‘s(){l' o {Jority_stockholders to the New Tork| Am Smit & R 6s. 31 1084 2| M St P& SSM 5%s g ki . | Central Railroad for 99 years, the |A™m Suearref6: 11 MStP&SSM6%s 51024 102% 1024 The National City Co. is offering a 867 86% 86 01%, to 1d about 4.15 per cent Chi Great West. Nat supply (4).. ¥ Submarine Boat. G Sy Gk o AmT & Tol tr4s..143 es Circui ‘ourt of Ap- . 16 86% 86% £6% | $4,000,000 State of Missouri 41; pe: ’ X N | AY s " A Gs Chi Gr West pt. Nat Tea (4)..... Sun O1l (11).... 3 | OD E I.IN i e : NS ARSICa D) % s:verlo:{)l} : 5 32! % 2% | peals handed down an opinion here | AT T & Toltr 63 {90 AmT&Tstbs 93% 93% 934 | cent gold bonds, due $2,000,000 each Chi Mi:&StPpf. 18 18 NY Air Brake(2) Sweets of Amer. { today affirming the decree of the Fed- ; C M&StP cf N Y Canners(c2) Rynisgom: .. 6 6 & o |era Courtiat Datroft aismilasitic: tHol| A Eate b Ty i ¥ 101% 101% | March 1, 1944 and 1945. These bond- Selling of West and Northwest|C M&SP ptc 4 14 | N¥Y Central (7). Symington A (2). 2 application of the Continental Se.|AMm Water WksGs. g 9714 | MK & T 65 C. 103 103 | are issued for road purposes. 5 Chi & Nwn (4)- y NY Chi&StL(11) Y% : b “icurities Co., Chicago, a minority [ A™ ‘Writing Pap 6 1 # | Mo Pacific gen 3% 73% Tends to Depress Values in Chi R 1 & Pac. NYC&StL pt (6) elantonrac c) . | stockholder, for an injunction. Anaconds 1st 68 o Mo Pac 55 1965. 9% 97% . W. Straus & Co. have purchased Childs (32.40) ... NY NH & Hart.. % TP, 3 | The opinion, written by Judge|ADacondacvadh 7s. Mo Pac 6549 D. 4 106 106% | an lssue of $2.100,000 firs® mortgag. Grain Markset. Cnile Cop (2%). 3 NY On & West.. 2 I exn!qolcf” - b {Arthur C. Denison, Grand Rapids, | ANdes Con 7srcts. b Mo Pac 6555 B..... 13 106% “106% | 6 per cent 4 to 15 yvear serlal gold Chrysler Corp(3 3 5 | NY Rys part cfs Texas Guif Sul.. 43% ? 41 Mich., auiomatically. dissolved o ten: | AFmOUr&Co 43%s rf 91% 91% | Mont Trm ref 5s 41 97" 97 | bonds of the Lake State Sate Deposit Cluett Peab (5). ? Norfolk South... 87 sz Y| D menines i . 9% | porary injunction Eranted the mi- | Armour Del §%s.. 1 B oy 60 | €O secured by the land and the Br the Associated Press. Cluet Pea pf (1) Norf & W (110). 165 e o Al { nority stockholders several weeks ago. | A sociated Ofl 63 ' 2% 102 | New Or Perm 4s. 24%tory Take Stato Bank Fulldint CHICAGO, November 3 Cooa.Coin (7)... % 4| NAm(10% stk). 4 4 Tn?rd':\:m(n' x ). 4 7 e | i . Atlantie Refinbs. . 7 NDT&MEY%S under construction in Chicago. Rortin ey i) Barnsdall 65 otts. 9714 9714 | N'Y Cen gen 3%s. the part of houses Collins & Afk(4). 5 ;i o B 2 \ Tide Wat 1 in the Northwest and We; Col Fuel & Iron. North Pac (8)... 7 B aatencn) - MAIL ORDER SALES DROP. |nell Tell PabsB : 4| N Y Cent 45 98. ’ BUTTEK UNCHANGED. . : 8 an early downturn in wheat values| ColoSouthern.. &2 = Omnibus. 5 Tobac Prod NEW YORK, November Q. | NIl TEII PRGEC. .. ¢ N Y Cent deb 4s foday. Lower quotations at Liver.|ColGas & El (5% 85 T 5 . | Omnibus p T.'f".?“fim.\fn‘ tober business of two.of tshewl);irges: Reth Stee) nm bs. g : g NYCrfim4t%si3 10 CHICAGO, November 3 (M.—Bu: pool. together with favorable crop | Col G&Elcts (5) . 81 : % [ Onyx Hos (3.20) g Transcont Oil. .. 4 | mail order houses fell below the vol- | Eoth SteelrfEs. ... : % |NYCentri5s.... 6105 % 104y | ter—Unchanged; receipts, 3,833 tubs i Col Carbon (4) > prospects in Argentina and Australia, | Col Carbon (4).. : ¥a (32| onyx Hos pf(7). | [ ume in October last year, Sears, Roe. | Leth Steel 5%553. 957 0% 957 | NYChI&SIL 5%sA. 14 104 |Eges—Higher; receipts, 3,839 cases Wwere a bearish factor. Opening 3% |Com Cred(2) 2 21 2 27| Orpheum Cir(2). P D oL ;. {busk & Co. reporting a decrease in | Hoth Steel 8s.. 9 o 4 4| NYChi&StL 532sB. 83 103 3% sts, 42a46; ordinary firsts, 38ad1 to 1 down, Chicago wheat prices| ComBSolvB (§). 184 187 153 1% Otis Elev pf (6). 7 107 s %\ sales of $3535.102, and Montgomery | n&.yn Fd cen Bs. NYC&StL6sA. 1 315 1035 | refrigerator 'extras, 35; refrigerator underwent i moderate further set-| Congoteum-N. . % 2% 22 lpuss . I i 4! Ward a drop of $1810.256. The total | mih meriasen. 00" New Hav deb 4s 67. 8 G SR hack. Corn and oats were easy, corn | Congress Cgr ( 4 4 Otis.Stl prior(7) 4 : Un Pasifle for the 10 months of 1926 for both Cnl"?e'e 81%s.... NYOnt Wistds.. : R s searting 1, to ater sagging | Con Cigars (1).. 1 {715 72t | Owens Bot ct4). 76 /0 Eseino18) 1, 161% | ouses, however, was larger than for | Gem Lenth 88 45 of8 ; N Y rrv RUBBER DEC little miore. Provisions tended up-| Consol Distibut 2 © 2 2 2| pacOil Stubs... p R ) “|the same period of 1925, Sears, Roe- | Core COPNES 28 02« : 34 N Y RysGs A 5. 4 . UNES grade. _ |Consol Gas (5).. 10¢ Do D Packard (12.90). 33 4 | Uta Cigar S (c2) 991 buck showing an increase of §12,725,- | ron Coal Md 1st 58 3 s G E R L i . NEW YORK, November 3 (Speciali Announcement that wheat cutting | ConRRCuba pf 6 7 7 0 | Paige Mot(1.30). 12% | U¢q Drug (8)... ,| 633, and Montgomery Ward a gain | moy Gas N Y 5%s. . . 1051, | NYStateRy 6145 62 68% | —('rude rubber smoked, ribbed shees in some districts o Argentina, will | onso Textlie, S oy | PanAm @) 5 . UtdDrg 1st(3%) 574 i | of $13,7 Cuba Canecv 78... 5 % s loar %| declined 1 at today’s noon quotation mence this month attracted - | Cont Bakg A (8) B Pan-Am B (6). .. . 4 USC1P&F(10) I = L T CUExCaneioviEs oRYy 06% ,| Nor &S gen 5s54.. F of 41%. This compares with 41 . tion among wheat traders toda Cont Baking B.. 95 9 94| paninwnB(2), 83% i 837 B 5 Discibutine. 52k { 4 > Northern Pac 3s. 5 O Ao Kol 1081 Feir ago zave special emphasis to advices at | Cont Bak pf (8). 8 89%| panhandle...... 1T% 18 )3 S Hoftn(135) . .| YALE & TOWNE INCOME. L Lo b il . Northern Pac 4s. % 90 90, cigese o L hand telling of auspicious entd g::tslanr; 1;0::')' = A ;ufl Panhandle pt.... 7 U S Ind Aleohol. i « 7% | NEW YORK, November 3 (#).— , DetEdison 5s 40. 4 102 Nortzau,?lgszo:l. i e l?i:n ULTRY @ good crop outlook stralia. Liv- | C IRy 475 49 357%| Peerless Mot U S Rubber..... 59% 9% 58% 59%| ports net income of $1,733,475 for the | Dodze wi8s. .. 9% 95% 5 | CHICAGO, November 3 ().— D e et bt e, Sory Tne (h-er 674 80 I Rttty S Emelt (3. : 863 nine months this year, equal to | Duquesne Light 6s. 5% " 32?.:331’2.'5'43 ] 980 ive, steady: ""'C"""l‘"“W)lAI b s ent indications, s news, y ). 4 3 0. mel i 3 & 9 are, aga T % iy : o 4 oWl Sreprar kil S S ulthough rezarded as bearish abroad, | Cuba Cane Susa 9 S &4 penna RR (%) ; %! U S Steel (7).1.. s {»;'lgbfrfigs:ui:éa‘;}égfg«i 3¢ | st Cuba Sne 73, 4 | Pennayl gen 53 s, % 10615 | fowls, 17a23; Springs, 23; turkeys, 30; was looked upon otherwise concern.|Suba Cane Su b 23 23% Fenn-Seab Steel. 3 4 401" | USSteel pf (7). 2 3 ¥mpire G & F 7%s. ™ | Pennsyl b5 64 39 5 102% , 23; geese, 19. Ihg wheat values in North America. | | Qubsn-Am 8 (1). 31 20 | Peoples Gas (8). 2 Universal Pipe. . Wiek Rubher 88 h | Pennsyl 6%s. 2 w1124 A (‘o;n] today est shed a ne - Cudahy Pkg (8). 5 2;‘ :':glvllfs&fiéssl;tsv 2 2 < | Univ Pipe pf (7) W L g:m:"'::rfix‘:‘!i" 2 fi:;::wl:qo:d"lgs . Y :g?:z SHORT-TERM SECURITIES. ro w price record for the | Davison Chem.. 28 28 eoria & Bast... : 2 2) 20% 30 | ; > Marq 1st 6s.. 3% 103 . nt el os o ap s D G & Utl PELL A (e . 00, DEMAND SPOTTY. Goodvear 85 1941 204 120% | PCC& St L5s A. % 1045% | (Reported by J. & W. Seligman & Co.) < -Noon Veakness of the wheat ) Hud (9).. 172 172 | Pere Maraq (18). 9% . el e o s Poin ) i | Pere M prior(6). : Vanadium (14).. 404 | uss., November 3 (Spe. | Hershey 5%s PCC& StL 58 BT5 104% uch to do with bringing abo; .| DelL & Wn (17) 141 145 1 are M pri n L | 5 ‘ :’eased selling of mr‘x:\, 5 n.u:lnll “a‘n IDRG Wstpf... 41 41 {Phi1a&RC&IL. 5 % | Vick Chemieal. . 5 4 ! tgrwJ< al).— or wool continued | Hoe & Co 6%s. ... . Port RL&P5sd2. 2 § 90% Adirond. T. eents for the May de ir buying | Detroit Ed rts. . 34 8 | Phila& Rt C&Tefs 3% 43% s Va-Caro Chem. . e 9% | spotty v Mills are restricting | Humbfe O & R 5%s Por RL &P 65 47. 100 support for ¢ howerer. hoeme | Dodge Bros Cl A 2 Philip Morris. .. 2f a Va-CarCh 6% pf 3 3344 operations to _deliveries on _orders | Illinols Bell 1st 5s. Por RLED 7155 46. 106% 106% ot > » became | B of (). ... 824 2% + | Phillips Pet (3). vivadou (3) 31 | booked for prompt shipment of heavy- | 1linots Steel 4%s. . i % 9T 9T a0 WHEAT- 4 T | Dome Mines (2). 10% 10% ! Pierce-Arrow. .. Y Wabash. e 5 ,,9.,‘\\mun goods and this s regarded as | Indiana Steel bs. . . Reading J C 45 51 91% 9, 1(4{1uv;.mrv h WHEAT— . | Dome Mines (1), 0% 1% & 42| Plerce-Arpr (). " ;i Ml a s T3% corable factor in the wool market, | Int Mer Marine 6s. Rio G West cl 45. £ B R ; 14 | Dupont (14).... 321 824 319% 824 | PlerceOll...... ! b | Walworth (1)... 16 16 nio quality fleeco wools have sold ai | Int Paper 88 RIArk&L4Ks. 9414 | Dbt (hew) .. 16015 181% 158 361w | Pierce Perolm : : 3 i NeloiA @), 100 {46 cents for delaine, which is fully up | Int T& T 5% e Duquesne pf (1) 116 116 116 ) BittaiCoRL. . 406 391 39| ko rd Baking B. 25 92 |10 the recent level. Considerable threc. | Kan CP&TL, 58 A B2, L oo : 5 y 43 |cighths blood territory has brought | Kelly-Spring 8s StT.&SF pl4sA. 280 Pitts Coal pf. 3)... 118 1 51 pitts 5 % | warner Bros. ... bloo 3 Bty o 2 ioan | Lt ROTmOCRL g Warren Bros (4) 5615 $1.05. Toreign spot wools are scare, | Lackawa 8 55 50. . - St &SFprinbs. 13 99% 89 | Goodye, Eisenlohr & Bro 214 RO oW G Weber (4) 631 | but prices are firm LaclGrefssdt. S eariuan. 10 102 % 100 |Great, Sorthern s Ei AutoLt(16%) ¢ @ ;’:s::llr? }r )p't'[?'; E West :: {-:1 plf(('l)). . 9 S : f e LIM'!:}‘OEM?:“ = StL &S Fadj 6s. 9 3 :il’,’fr}'r', Lorp. P Electric Boat... 9% cit oo ¢ | Prod-& Refiners. 19% % Weit EROPAAD e e DRY GOODS QUIET. Lorilard (P) 6s... St L&SF inc6s.. % ¢ 2| Hum "1'.1?4 \ Eiec Fower & Lt Producers&R pf. ' West Maryland. ’ Tt < Lonisv G & E 6552 StL&S¥plésC.. 12 Mo West Pac pf (6). 11 | NEW YORK, November 3 (Spectal), 4 StLS W con4s 3 415 = EZZ ;)le&h'l‘gp('c(g), 4 Al o |PubserNJG). o6 West Union (8 4 144% 126; {—Cotton zoods markets ~continued | Manat! Sug st7%s. (Quotations furnished “J.‘ux“\{'fi'.‘x’ffi f‘nff“l E:.‘i‘.,’,il',“s‘:fflus u‘v-. 4 ‘1':';;: j mx::.flfilug S;E. 3 3 : w;:::-;‘all‘e;‘_ “- z R 25"1 és(fl‘:‘l; rfl:‘gl:flfi’ gsfet‘fidc?; for rx;fig}:‘sg:wq ¥ White SM pE(H). } QUOTATIONS. NYGEL H&P 55. Nomirear” dotlar : Paris. 1 : 1 *irie 18t pf. 46 4 = 5 j Brussels, fran: 2 41y 2418 2 2 Radto Corp ora. kwire ctfs. . " "‘ NEW v NY Tel 4%s...... Erle Stm Shot 2 * | Wicl YORK, November 3.—Bar mark L 2 Radlo C pf (3%) "l .rmnd - NY Teiés4l. 2 4). b2 2 11y 8-OV a silver, 52%; M lars, Eureka Vac (4) RS Cets (4. rvv:“:&w bt 2 214 er, exican dol! 40%. N Y Tel 63 49 by ‘ i North Am Ed fFairpanks (3).. 44 | Ray Copper(25c) & f g h wilson & Co. . Fomoamteias "3t T L b Reine L {84 | Wirson & o). TREASURY CERTIFICATES, |North Am B3¢ o s : " el jor: ” | First Nat 8(1%) 28 29% | Reyd Ice Cm (3). 42 “mf“:‘ofim "o (Reported by 1. & W. Setiempn & Go) | Nor OMIO T LSS - o6 3 " | Nor States Pow 6s. and to a less exter izing sales were checked in the tractions and Brooklyn Man- © 102‘4 10'(\. 99 98% e B = e N - Sewme o0 a3 0 - S = awm 1 0 N PG 0 LI 220 e Qe StP Un Dep5s. ... St P & KCShL 4%s 2 = San A & Arn P 4 E 15 8814 |Sou. P Seaboard A L 4s J O o Seab A L ref 4s Seab A L adj bs Seab A L con 6s. Seab All Fla 6s. Sou Pac 45 29. Sou Pacific ref 4s.. Southern Ry gen 43 T R SR Sou Ry con 5s 94.. 4 106% Sou Ry 68 56. 112, | GERMAN BONDS AND STOCKS Southern Ry 6%8. 118% | (Quoted in dollars per million marke.) Sou Ry Mo & O 4s.. 1 91% “ 1 AssoS Lds.. 87% | gor 0t (w10 Ba 191 Third Averef 4a.. 12 % | Hambrs 4735 1010 ... 120.00 = 190:00 - - EINE I PE) PRI =40 et pud ' 0.3 WA, o ; %" | Fitk Rubber X 174 | Remington Type 100% 5 Dopeahagsn, erown. 33 2838 - 1 gk st pf TN TN T94 Rep L& St (). B3 657 A Babs : 3 Fleischmn(12% 484 | Rey Tobac B(5). Worthtn B (6) . 5 ; June 027.. 9 2 Third Ave adj 5s. . ssu Gor Gen Elec '00' 03 (Quoted_in dollars per thougand mar] Dec. i E 4 » k3 Srocknolm " ixo B | “ A _— | Foundation (8). 3 7915 | Royal D (23.078) % 4 EW YORK, November ! FoxFlmA (). W 73 ey p XOUEw S (m;. Term As<o St E3s. 2 10215 | Gor Gen Foreign exchanges irregular. Quola- ' Freepori-Texas. E 30% Zfifsi.::‘.f:..’,’ 6 5 | Youngstown (4 - 2 Pa-Amsecpate ;,,: ;,r lfi : p“f 1;:« W ; 2 FEDERAL LAND BANK o 5 Sales BONDS. | pnita Cort 6s A. et tions in cents: Great Britain, demand | 5 -y 35 Gen' Arh Thk (3) 3 ’ | Schulte (3 3,: cables, 45411-16; 60-day bi : R N i , 2y A S8 148 ey Dprox. Unton Pac 1st rf 48 . Italy, demand. 4.30; Gen Cigars 14) 4 2 Seneca Copper. . . : mndgml r-m mm in the above tadle | X Asked "SIl | Pub Serv Elec 6 3 Y% Union Pac 43 27... . 6 9914 | Dracndont 4 pre-s o . Gen Elec S % 83 | Shattuck F G2 ';’:fm deuumu'nnf PSarvOuatels. 19 Union Pac 1st rf 58 1081 | Eraviiort a3 4 G 3 | Genstec=p (600 114 11 { Zueu Un (140), ira or special Givi: EE e 7| Union Pac cv 68 s 10214 | it r'... “Aniin nd, 19283 : | Gen Gas pPAGH)” 111 111 Simmona(12.48). ux::m?on . Sty ¢ 12?)"‘ ;i Gen Motors (7). 148 153 524 Stmms Pet (1) Sinclair O11 6 1 | Wabash 53575 3 3 lin\ | Gen Mot deb (6) 104 108 Sinclatr Ofl. 2 ala Stnclair Oil 7s. 7" | West Maryland 48 i 4% T4y 'n-| Gen Mot pf(7).. 1181 118% 11815 118%, Skeily Oil (2) 2% 15 | SBR B ‘i stock: Sin Crude Oil 3 i | Western Pacific 5a. ; . o, Iaen o DT Te) "hee ‘3im Base 3455 Stoss She pf (7). 106% 1055 105% 1059 avle in 3 West Shore 1st 4s. “Montreal. | Gen Onar A (£ 54 75 34 55 |South PortS (6y 11z 113 ”f 13 | Sl masiel o o S =3 = Aust \ F G (Gen Eiee) 0% ! pe:ilner uumfl'f....) R e oct oo TPas 220