Evening Star Newspaper, July 30, 1927, Page 20

0% BULLS HOLD SWAY - INSTOCK MARKET Steel-du Pont-Motors Probe Fails to Have Any Effect on Prices Today. BY GEORGE T. HUGHES. @pecial Dispatch to The Star. NEW YORK, July 30.—The week in the stock market ended with the up- ward movement still in progr Leadership went to the ra however, the industrials although gen- erally strong, being not so prominent It there was any concern in Wall Street over the proposed investigation by the Federal Trade Commission of the du Pont investment in the United States Steel Corporation, it did not appear in quotations. Of the stock concerned steel was practically changed most of the time: du _]'r\ t wa. down a point or 8o, but fnactive, while General Motors was moderatel her. Nowhere was there any liquidation 'n evidence. Ralls Make Gains. A long list of rails made str gains. Atchison sold at the highest for all time, and to go from one ex- treme to another, so did Erie. Pe sylvania changed hands at the Dbe: since 1911 ad Southern Pacific did the same. Baltimore & Ohio, Reading, New York Central and nadian Pa- cific were very strong. The low priced issues were swept along. Even Chi- cago & Alton preferred and St. Paul preferred, stocks of two rcads still in receivership being bought at higher prices. 3 Of all these the movement in Penn- sylvania perhaps was the miost inter- esting. Pennsylvania for a long time had been lagging behind the market, but was taken up in earnest and sell- ing at 66 up a point today and at the best in 16 vears. Because of tsi §50 par value Pennsylvania has only four points more to make up before it sells on a 5 per cent basis, against 12 points for Union Pacific selling at 188, This is probably one reason why it has been neglected, althought it has an unbroken dividend record of over 7 years. Southern Pacific was evidently discounting the raising of the rate to 7 per cent, which it could easily pay. Fisewhere in the list there was ective buying of Consolidated Gas at the highest of the year and of Inter-| mational Harvester at the highest for all time. The motors were more ir- regular. Hudson was outstandingly strong, moving up at one time nearly 4 points, presumably as part of the effect of short covering, General Motors wavered at the start, but made up the loss later on. Timken, some- times classed as a motor and some- times an equipment, at 120 estab- lished a new high since listed. The strong tone persisted practical- ly to the end. The remarkable fea- ture was the way in which profit- taking sales were absorbed. If the current advance be considered as hav- ing begun on the day the market had opportunity to appraise the signifi- cance of the unexpected increase in unfilled orders of the United States Steel Corporation, it had run for 18 consecutive business days without any reactien of importance. The high prices of the day were reached just before the close. The features were Baltimore & Ohio, Atchison among the rails, Atlantic Re- fining among the oils and Hudson Motors in its group. Markets at a Glance NEW YORK—Stocks strong: Penn- sylvania Railroad highest in 15 years. Bonds steady; convertible issues firm. Forelgn exchanges steady; Japanese yen rally slightly. Cotton lower; heavy profit-taking after long advance, Sugar and coffee holiday. CHICAGO—Wheat firm; able weather. Corn country offerings. Hogs steady. CHICAGO LIVE STOCK MARKET CHICAGO, July 30 (United States Department of Agriculture).—Hogs— Receipts, 3,000 head; generally steady unfavor- steady; light Cattle irregular. largely; 260 to 300 pounds, 9.15a9.55 few big-weight butchers, 9.00 and under; bulk packing sows, 7.25a8.15; limited supply of slaughter pigs, 9. a10.50; grassy and half fat hogs, espe- clally light-weight, largely 75a1.25, un= der comparable weight of corn fed; shippers took 1,000; holdover, 4,000. Cattle—Receipts, 200 head; com- pared week ago, yearlings, 25 to 50 higher; choice heavies, 25 up; other grades of fed matured steers lost early advance; closed weak; grass cows and heifers weak; grainfed steers steady to strong; cutters, 2.25 to 40 lower; bulls, steady to 25 lower; Vealers, 1.00 higher; extreme top heavy steers, 14.50; medium weights, 14.25; long yearlings, 13. mixed yearings, 13.00; heifer yearlings, 12 Sheep—Receipts, 2,000 head; prac tically none on sale today; for week, 167 doubles from feeding stations and | 11,300 direct; slaughter native lambs | closing strong to 25 higher; fat rang- ers, 10 to 25 direct lower; sheep and feeding lambs strong: week's top fat range lambs, 14.95; fat native lambs, 14.00; slaughter yearlings, 11.6 ewes, 7.25; feeding lambs, 13.75; bulk prices, fat Western lambs, 14.00a14.60; natives, 13.50a13.85. . POTATO MARKET STRONGER. CHICAGO, July 30 (#).—Potatoes: Receipts, 38 cars, on track 176; total United States jpments, 685 cars; trading good, market stronger; Kan- sas and Missouri sacked Irish cob- blers, 1.35a1.50: Virginia, barrel, Irish cobblers, 2.90a3.10. DRY GOODS STEADY. NEW YORK, July 30 (Special).— Cotton goods markets were moderate- ly active today, with prices steady. Print cloths were quoted at 7% cents for 64x60s and 9 cents for 68x72s. | Raw silks were qulet but steady. P bebdsmaie huminal The Toronto Stock Exchange and the Standard Mining Exchange will be closed Saturday and ‘Monday in observance of a civic holiday. The Montreal Stock Exchange will be closed on Monday for the celebration to the Prince of Wales. New York Stock and Bond Averages. SATURDAY. JULY 30. STO Total stock sales, D2 Twenty industriais av net. guin, . % B 3O iouds. wverake Eh 04T, 1 7.83: low, 125.38. BONDS. “Total bond sales (par value). $1.- ‘ s averaged 95.21: aged 96.75; tilities averaged 96.12; lals averaged 101.32: erage, 07.45: net gain, month a2, Combined averas azo, 97.03; year ago, 01 "FINANCIAL, Open High. Low. Close Adams Exp (6). 162% 1624 1524 1624 Adv Rumley. 2 Ajax Rubber. Alaska Juneau.. 1 1% 1 Allled Chem (6). 161% 161% 1591 1607 Allis Chalm (6). 108} 1087 10815 108’ Amerada (2).... 29% 20% 20% 299 Am Agricul Chm 124 Am Agri Ch pt.. 414 Am Bosch...... 181 Am Br 8h(§1.60) 440 Am Brown Bov. 12 Am Brown Bo pf i 56 Am Can (2). 915 59% Am Car&Fdy 21 1024 101% 102 Am Chicle (3) 59 59 b9 Am D 4 14 14 144 3 3915 30 39 39% (6). 142% 1427% 1427% 142'% Am Ho P (2.40).. 44' dily 44w dile Am lce (110)... 1235 124% 12} 124% Amer Ice (rts)., 8% 3 3w 8% Am Internatl( 524 51% Bl Am Linseed..... 33 334 4 32% Am Linsced pf.. 64% 0Cdn 64% 64% Am Locomot (8) 10 105 105 Am Loco pf (7). 125 125 Am Machine (2) 0 90 Am Piano (3)... 4T% Am Radlator (5) 130 Am SafetyR(13) 49 48% Am Seating(t4), 45% AmShip & Com. 1 4 Am Smelting (8) 163% 165% 163t 185 AmS & R pf(7). 130t 130t 130's 130% Am Snuff (12).. 125 125 1 125 Am StIFdys (3) 564 56 Am Sugar (5)... & Am Sugar pf (7) 110%s 110'5 110'3 110% Am Sumatra.... 00% 60% 60 0% Am Tel & Tel(9) 167 168' 1677 168% Am TobaccoB(8) 141 141 111 141 AmWW (c1.60) 924 92 92% Am Wat Wks(n) 47 47% 47 Am Woolen..... W 22% Am Woolen pf i Am Writ Pa ctfs 19% 19w Am Wr Pa pf cfs 45% 45% Anaconda (3). 45% 4's Archer-Dan (3), 42 4 Armourot 111(A) 9% 94 AssoDry G(213) 43w 4du 43% Asso Ol (13.60). 44 44 44 AtT& SF(19%). 194% 1951 194% 196% Atchison pf (5). AtCL (18%).. At Guit & WI.. 36% Atl Refining (4). 118 Atlas Power(4) Austin-Nichols. . Austin-Nich pf.. 4 " 130' 1 19% 45w 451 4 91y 35's 87 87 Baldwin L (7)., 243 249% 247y 249 Balto & O (6). 118% 121 1 120% Bang & Arpf(7) 114 114 114 114 Bangor & Arrts. 3% 34 3 BarnsdallA(214) 241 Barnsdall B(23" 23 Bayuk Cigars 89% Bethlehem Steel 53tk Beth Sti pf (7).. Botany C Mills A 24 Bkin-Edison (8) 1T. Blkn-Mn Tr (4). . Brown Shoe (2). 40% Brunswick Ter.. 11% BurnsBrB (2).. 21% 21% Bush Term (b8) 59 60 Bush Ter de (7). 1021 1024 102% 102% Bush Trm pf (7) 114% 111% 114's 114% Butte&Super(2) 95 9 9% 9 Butterick (82).. 52% 53 52% Byer & Co... 83% 334 83 By-Products (2) 71% 71} 71% Calif Packg(4).. 62% 62% 62% Calif Petrol(2).. 3% 24% 23 24% Calumet & Ar(6) 69 69 68 63 Canada Dry (3).. 49% 50% d9% 49% Can Pacific (10). 188 190% 188 190% Case Threshg(6) 264% 264% 264% 264% Cent Alloy (2).. 31% fgl% 3l 31% Cen Ry NJ(112). 327 7 827 327 Cerro dePas(t5) 61% 62 6l% 62 Certain-Teedl4) 49 49% 49% 49% Certo (12%). 8 8 5 5% Chand-Cleve. 7 7 K 1 Chandler pf(2%) 18% 18% 18% 18% Ches & Ohio(10) 188% 183% 188% 183 Ches Corpn. 6 69% Chi & Alton 8l Chi & Alton pf.. Chi & Alt pf ctfs Chi & East Il Chi & East I p: Chi Great West.. €hi Gt West pf.. Chi Mil & St P. . Chi M{1&StP pt. 35'e n 23 89 87 b3 52% 12 41 11% kit 62% 134 14% 13 12% 45% 45 % 75 1% 16% 3% 38 35% 15% 16 31 32 THE EVENING STAR., WASHINGTON, ) Open. High. Grt Westn Su(8) 117% 117% Gt West Spf (7) 121 121 Green Canan.... 67% 694 Guantanamo.... 8w 84 Gulf Mo & Nor.. 71 73% Gu M &N pf (6) 110% 110% Gulf States (5).. 52 52 Hanna 1st pf. ... Hocking Val(10) Hollander & Son Houshld P(3%) Houston Ol, Hud Man (23). Hud Man pf (5). Hudson Mo(33%4) Hup Mot (1.40).. Mitnots Cen (7). Indep O11 (1) Indian Refin| Inland St (21§) Inspiration.... InterboroRapTr Int Com Eng (2) Int Harv (§6)... Inter Har pf (7) Int Mtch pf(3.20 Int Mer Mar pt Int Nickel (2)... Intl Paper (240) Int Paper pf (7). Int Ry Cent Am Intl Stiver, 62% 62% 296 288 35 35 5% 60 153 158 56% 59 88 88% 8 FOW 19% 193 132% 138 19% 20% B4 8 54l 54 16% 16% 364 87 46 47 199% 194% 131 181 8% 734 A 42 172'4 174 139% 140 44 36 €014 60% 264 26'% 17% 1% 65% 68% 705 704 66l 5A% 22% 22% 21 21 66 66 Int Tel & Tel rts Intertye (t11%). Jewel Tea. Jordan Motor Kan City South. Kan C So pf (4). Kayser J (4) Kelly-Spring Kolsey-Hayes. Kennecott C (5). Keystone T & R. Kinney pf (8)... Kratt Ch (11%). Kresge (1.20). Kresge Dept S. Lago Ol (3). Lambert Co (5) Leo Tire & Rub, Lehigh Val(3%4) Lehn & Fink(3). LIz&MyrsB(f4). Lima Loco (4). Liq Carb (3.60) Loew's Ing (2). Lorillard Co. LoulsGasA (1. Ludli m Steel(2) MeCrory (1.60). Mack Trucks (6) Mackay pf (4) Macy R H (5) Magma Cop (3) Mallison & Co Mallison pf (7).. 86% 8T Man El Sup (5).. 112 Man Elev gtd... 82 ManElm g (d5) 45% 46 Maracaibo Oll... 13% 13% Marland Oll...... Marlin-Rek 3% Martin-Pary (2). Mathleson (4).. MaytagCo(t2%) Miam1 Cop (1)... MidContinent(3) Mid-Cont pf(7).. Middle States. .. Midland pf(+12) Miller Rub (2).. Min St P & SSM. Mo Kan & Tex. . MoK & T pf (6). Missouri Pacific. Missourl Pac pf. 1041 105% Montgmry W(4). 67% 68% Mother L (50e).: 3 3 Motion Plc (1).. Motor Met(3.60) Motor Whi (2)., Mullins Body. .. Munsingwr (3).. Nash Mot (14%) Nat Biscult 153 Nat Cash R(A)3 Natl Dairy (3). Nat Distillers Nat Lead pfA(7) Nat Pw&Lt(80c) Nat Supply (4). 2% 2% 1024 108% 68 68 194 197 5% 35% 17% 17% 102% 102% 2% 2% 125% 125% 31 31 8 8 30% 31% AT 4% 73% 4 132% 132% 4% 44 66% 68 42% 43% 132 182 21% 21% CM & St P cf: C M&StP pf cfs. Chl & Nwn (4).. Ch1 & Nwn pf(7) Chi Pne Tool (8) Chi Rock Is (5). CRI1&PDpt (6). CRI&Ppt (7). Chi Yellow C(4). Chile Cop (2%). Chrysler Corp(3) Chrysler pf A(8) City Stores (B). Cluett PeaB (5).. Coca-Cola (5)... Collins & Alk(4) Col Fuel & Iron. Col Gas & El (5). Com Cr pf B (2). Com Inv (3.60).. Com Powr (23) Congoleum-Nair Cong Cigar (4).. 185 135 132 132 132 132 112 113% 112 118% 100% 101 100% 101 108 108 108 108 38% 38% 38W 384 35% 36 35% 36 54 54'% 534 b5d% 1il% 112 111% 112 49% 495% 49 49% 63 68's 68 634 115% 116% 115% 116% 109 109 108 103% 87% 88% 8Tw 9% 93% 9274 20% 204 20 45 45 45 53% 5315 53% 21 204 20% 64 644 64 8l Bl% S8l 110% 1l1% 110 98 135 135 Cons Gas pt (5). Consol Textile. .. Cont Bakg A(4). Cont Baking B.. Cont Bak pf (8).. Cont Can (5). Cont Can pf(7) Cont Mot (80c) Corn Prod (13) CruclbleSteel (6 Cuba Compy (3). 22% ,22% 20% 21% Cuban Am 8 (1). 22 22% 22% Cudahy Pkg (4). 49 49 Cushman's (§4). 19 119 Cuyamel Fruit., 41 41 Davison Chem. 32 814 314 Deere&Copf(7). 117 117 117 117 Del & Hud (9).. 214% 215% 214% 215% DRG Wst pt. 59% 60 50% 60 Detroit Ed (8).. 148'3 143% 14315 143% Devoe & R(2.40) 37 374 3T% 374 Diamd Mtch(8). 1341 134% 134 134 Dodge BrosCIA 18 18w 17% 17% Dodge pf (7).... €9% 694 68l 69% DulSS&Atlan.. 3% 3% 34 3% DunhillInt (4).. 50 50 50 50 Dupont (19%).. 289% 290 2%7 287 Duquesne pf (7) 116 116 116 116 Eastman (18)... 1664 166% 1656% 166% Eaton Axle (2).. 264 26% 26% Elsenlohr & Bro. 13 El AutoLt(16%) 89% Electric Boat. .. 174 Elec Power & Lt 22% Elec Retrigeratn 125 El Stge Bat (16) 6T% End John (5)... % Engineers Pub S 27 Epqit BlAg(7)... 884 ErleRR 624 Erie 15t p! 60% Erle 2d pf. 6013 Erie Stm S(2%) “ 3% Erle Stm 8 pf(7) 110 110 Eureka Va 4% n 69% Falrbanks (3)... 39% 39% Fed Lt (h2.40).. 41 0% Fed L&T pt (6). 98 98 Fed Min pf (7) 91% 91% Fed Mot T (f80c) 21l 21% Fid Phoenix (4). 141 141 First Nat S(134) 24% 244 Fisk Rubber. ... 17 16% Flelschmann(3) 60 Foundation (5). 61% Fox Film A (4). 58% Freeport (t4%). Gabriel Sn(3%). Gardner Motor.. Gen Am Tok (3) Gen Asphalt.... Gen Asph pf (5). | Gen Cizars (4).. | Gen GasA(o1%) Gen Eles (16)... GenElec sp(60c) GenMotors(110) 2 Gen Mot pt (7). Gen Outdr Ad(2) Gen Ry SIg (5).. Gen Refrac (3).. 7% | Gimbel Bros. ... 45% Glidde Co.... 15% | Glldden pr pf(7) | Gold Dust...... | Goodrich Ru (4) 11% 544 54% 54% 54% 93 93 92 92 21% 111 244 18% 53% o 127% 126% 1% 11 127% 126% T0% 454 15% B9 102 Nat Surety (10, Nat Surety rt. Nat Tea (4).. Nevada C(1%).. NOTex&M(7) N Y Air Br (3).. N YCent(8)... N Y Central rts, NY Chi&StL(11) Dock... NYOnt& W (1). NY Steam pf(6). Norf & W (8)... NorAm b10% stk North Pac (5). 011 Well Sup. Otis Elev pf ( Otis Steel.sv...o Owens Bot(Ct5) Pag Ol1 Stubs. .. Paoc Tel & Tel (7. Packard (12.90 Palge Motor. Pan-Am (6).... Pan-Am B (6)... Pan-Am West B Panhandle...... Parmt-Fam (8) Park & Tilford. . Pathe Exchange. Pathe Ex A (4).. Patino(1.21 2-8) Peerless Motor. . Penick&Ford (1) Pa Dix1eCt(3.20) Penna RR (3%) Penn-Seab Steel. Peoples Gas (8), Pere Marq (18). Phila Co (k4)... 16814 163% 14 14% 150 150 45 45% « 154% 156 e % 126% 127 b51% 52% 504 50% 3T 39W 971 984 187% 188% 50% 50% 2% 94 36 36 116% 118% 1010 % 1 1% 1% 137 137 35% 35% 11 12% 584 53Y% 54% 54% 64 664 % % 142 145 130 130 105 105% 38Y% 383 . 27T% 2TH% . 39 41 514 614 12% 12% 45 46% 65 65% BRI B84 47 417 143% 143% 104% 105% i 24 Phillips Pet (3) Phoenix Hoslery. Plerce-Arrow. Pitts & W Va(6) Postum (5)..... Prod & Refiners. Pub Serv NJ (2) Pullman ctfs(8) Punta Aleg Sug. Pure Ofl (12)... Purity Bak B(2) Purlty Bak pf(7) Radio Corp of A. Reading (15)... Real Silk Hos(4) Reld Ice Crm(3) Rem-Rand $1.60 Rem-Rd 1st( Rep Ir & Stl (4 Reynolds Spngs. Rey Tobac B (5) Safety Cable (4) 1 St Joseph L(t3) St L&San F(13). St L Southwest. St L Swn pt (5). Savage Arms. Schulte (3%). Seabd Alr Line. . Seab Alr Lipt... Seagrave(e1.20). Sears-R (n2%). Seneca Copper. . Shattuck F G (2) Shell Gn (1.40) Shubert The (5). Simmons (2).... Simmons pt (7). Simms Pet Sinclair Ol Skelly Ol (2). Sloss-Shef (6).. Snider Packg Co Snider Pkg pf... SPortoR Sug(n). South Calif Ed South Pac (6). 107% 107% 60% 61 17% (18% Sl 31% 56k 56 44 44 98% 984 63 68 9 9 134% 135 0% 70% 40% 40% 84 86% 49% 52% 37'% 424 110% 1105 14 14'y 16 1644 ' StaG &E(3%).. Std Mill (5)..... StdOIICal (128 ). Std O1LN. Std 011 Std Plate Glass. Stewart-War (6) | Goodrich vt (7). Goodyear pf (7). | Goodyr pr p£(8). 111 | Granby (4). 39 | Grt North 6 |Gt Norpfefs(5) 9i% 96% 94% 95% Gry Nor Q(1%). 184 194 184 19 1164 116% TSR 39 116% 11 39 Stromb Car (2). Studebaker (5).. Submarine Boat. 97% Sun Ol (11) Superior Oll, Symingtonsseen 3% 4k 3% Low. Close. 117% 117% 121 121 68 8% 3% 132% 19 8 187a»189% 50% 94 35% 116% 10 8% 1% 18% 26% NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. Open. High. 14 14l 9% 47 Telautogra (60¢) Tenn Copper (1) Texas Corpn (3) Tex Gulf 8 143 Tex & Pacific. .. Tex PC&O(60¢) . Tex Land Trst n Thompson(3.60) Tidew Aso (60e) TIAWAsOllpt(6) TideWat O(80e). Timk Roll B(15) Tobac Prod (7). Tobac Prod A (1) Transcont Ofl. .. Underwood (4).. Un Bag & Paper. Unlon Carb (6).. Un Pacifio (10).. Un Pacifio p£(4). Unlon Tank (5). Utd Clgar S(c2). Utd Clgar St w.1. Un Cig St pf(7). United Drug (9) Utd Frult(15%) USC1P&F(10) U 8 Dist ofs new US Dist pf n(7).. U S Alcohol (5).. U S Leather A... U S Realty (4).. U S Rubber..... USSmelt (3%). U S Steel (7). U S Steel pf (7) Unl Plc 1st pf(8) Unv P&R(12%). Utl P&LE A (e2) Vanadium (3)... Vick Chem (4).. Victor Tlk Mch. Victor ev pf (6). Va-Caro Chem.. Wabash pf A(5). Ward Baking B. Warner Pic A... WarF&Pipe Cor. Warren Bros(4) . Weber (4)...... W Penn E1 pf(7) West P Po (6).. West Maryland. West Pacifi. ... West Pac pf (6). WesthseAIrB(7) Westinghse (4). White Mot (4).. White Sew M(4) Wickwire ctfs. .. Willys-Overland Willys Od pf (7) Woolworth (5).. Worthn Pump, Wrigley (1314). Yellow Truck... YungstnS&T(5) . Dividend rates as ziven in the above table are the annual cash payments based on the Iatest quarterly ‘or half vearly declarations. Unless otherwise noted extra or special divie dends are not included. * Unit of tradinz iese than 100 shares. + Partiy extra 1 Plus 4% 1n stock. § Pay: common stock. 1 Plus 2/60 in a Faid this vear—no rezular rate. per cent in common lln"K nsv(lhls 4 1064 574 38% 67 177% 85l 344 88 us 2% in k Payable 1/40 of a share auarterly Cliass A stock. mPlus 8% in _stock. n Partly stock. p Plus $3 in preferred stock. a Plus one-hal? of common stock. FOREIGN EXCHANGE. NEW YORK, July 30 ().—Foreign exchanges steady (quotations in cents : Great Britain—demand, 485%; cables 485 10-32; 60-day bills on banks, 481 5-1 France — Demand, 3.917-15; cable; 3.919-16. Italy—Demand, 5.43%; ca- bles, 5.44. Demand—Belglum, 13.90; German 23.78; Holland, 40.04; Norwa Sweden, 26.78; Denmark, 26.731h; Swit zerland, 19.25%; Spain, 17.041%; Greece, ;' Czechoslovakia, Jugoslavia, 1.76; Austria, Rumania, .61%; Argentina, Brazil, 11.81%; Toklo, 47.12%; Shanghal, 62.50; Montreal, 99.89 1-16. NEW YORK MARKETS. NEW YORK, July 30 (#).—Rye weak; No. 2 Western, 1.08% f.o.b. New York, and 1.06% ec.if. export. Barley, easy; malting, 88 c.if. New York, lake and rail. Lard weak; Mid- dle West, 12.65a12.75. Wheat futures opened steady; domestic, September, 1.383. Oats, neglected. Other articles unchanged. WOOL PRICES STEADY, BOSTON, July 30 (Special).—Scoured wools were fairly active at the erd of the week, with prices well main- tained. Pulled wools of high B grade sold at 86a87 cents and other lines on a similar basis. Fine territory wools are moving well slightly below $1 and California scoured stocks at 80ass. The best grades of Ohlo delaines con- tinue within a range of 45a46, grease basis. Good Ohio half-blood grade fs quoted at 4435a4b. CHICAGO STOCK MARKET. By Special Leased Wire to The Star. CHICAGO, July 30.—Following is a report of today's sales, high, low and closing quotations, on the Chicago Stock Exchange Sales, ° STOCKS. High. Low, Close. 310 Adams Royaliy. . 217 “20% 204 10'Am Furn Mart pf 98 08 22 Am Pu Ut par pt 80% 86 States A 3 a1 100 Cent P & el 25 Cont SOW PL bf 1 180 Chi Cit & C R pf. Elec Mfd A NS&M &MR] R pf 65 R PL 1003 T Ppf A 10 oo e 0 Libby McN Marvel Carb . il e ot 'A'Gs. el 138 Sangamo ple 400 Sears-Roehi 150 50 City Tt A, 500 W Va Ohio 1001 BOSTON STOCK MARKET. By Special Leased Wire to The Star. BOSTON, July 30.—Following i list of toda ghest, lowest closing prices for the most active stocks dealt in here: Hoor Islan Maing D. C., SATURDAY. POULTRY AT LOWER PRICES INDENAND Brisk Business in Chickens Done in Market Today, Dealers Report. JULY 30, 1927 FINANCIAL. GAS LIGHT'S NET IMPROVES N JNE | Profits of First Half Year $400,925—Georgetown Co. Also Makes Report. decreased pric in the poultr Decidedly in attraction this morning, and brisk s the early morning hours suggested the possibility of decreased sales of meats. Spring chicken prices ranged all the way f cents for smallest of the s to 27 cents for the large fat chickens. Dealers Had large quantities of the chickens on_hand, many of them dressed, the dressing having been done in the local houses, as prac nothing but live poultry is receiv this season, Tuarkeys, both alive were offered the trade. The demand was not brisk, however, but sale live turkeys at 25 cents a pound and at 28 and 30 cents were and dressed, ed. s were in demand at 20 and 23 . and roosters were quote 1d 16 cents. Ducks sold at 15 pound, and keats at 60 cents for young stock and 25 for the old. o g market has been steady throughout the week, with practically no change in prices, current receipts being quoted at i cents. Can- vy during the ¢ hot days, dealers report, but the losses did not affect prices. A slight easing of the market was reported yesterday. Butter Prices Steady. Butter prices have remained about the same throughout the week. It was thought the continued dry ither might affect prices, but this 's report told \no such story of increase. Only a few secasonable rains will save the nearby tomato crop. Early in the week there were such plentiful supplics of the vegetable that dealers found it difficult to dispose of them at and 75 cents a et, but, due to continued dry weather, it is stated, growers were unable to supply the th much more than enough ble to meet yesterday's B ices went as high as $1.50 today, and this morning it was predicted that the $2 mark soon would be reached before the close of the week's market, Potatoes have been received in lib- eral quantities throughout the week, Maryland and Virginia growers ship- most of them to local dealers, Barrel stock has sold mostly around 25, a few sales at $3 having been re- Only a light demand for potatoes, product of North olina_and Alabama growers, made the market dull. Bushel hampers were quoted at $2. Homegrown lima beans are mnot very plentiful, and dealers are depend- ing upon distant growers, chiefly in North Carolina, for supplies. Home- grown beans in quart boxes were quoted at from 50 to 65 cents, while the unshelled stock from North Caro- lina sold at $4 and $4.50 a bushel this morning, Corn Not Plentiful, Corn, always in demand and a good r far from plentiful, Nearby ers are bringing small quantities the vegetable to market. It is in the best possible condition, however, owing to the dry weather, and a price of 70 cents a dozen was quoted this morning. Peas, supplies light and demand re- ported as very excellent, are being furnished the Jocal trade chiefly by New York growers. They were quoted at $3 a bushel this morning, while string and stringless beans were quoted at $1.50 and $1.75. Fastern growers are sending liberal supplies of lettuce to local merchants. New York 2-dozen crates, big Boston type, sold at $1 and $1.25, while let- tuce of the Iceberg type from Cali- fornia, 5-dozen crates, sold at $5 and 5.50, few higher. Limited supplies of cabbage met a poor demand this week, resulting in a dull market. Barrels of the home- grown product were quoted at §$1 and $1.50. Other vegetables offered the trade this morning included beets, carrots, celery, cucumbers, eggplants, onions, peppers and squash. Fish Supplies Heavy. Business at Municipal Fish Market this week has not been altogether satisfactory to merchants. There has been more than an ample quantity of supplies to serve the trade, according to dealers, and prices of some of the fish have been so low that there was a very small margin of profit. Dealers established a low mark for the price of trout, $2 for a barrel of 200 pounds, while croakers, usually cheaper than trout, sold for §5. The low price was not for all grades of trout, however, the largest and best stock selling around $10 a barrel. Interest in the crab market was chiefly with respect to those of the soft variety, the soft-crabs becoming much more’ plentiful and correspond- ingly cheaper during the week. Soft crabs of medium size were wholesaled low as 75 cents, while larger ones, in greater demand, dropped as low as §1.50. Crab meat also decidedly more plentiful than earlier in the season and decidedly cheaper. Lump meat, in demand for salad purposes, sold as low as 60 cents a pound, while the flake meat brought 50 and the claw meat 40 cents. There many consumers who prefer the meat of the claws for deviling pur- poses, holding that the claws retain the genuine flavor of the crab. Clams Are in Supply. TLobsters and clams and other shell- fish were received in large quantities throughout the week and offered at prices dealers considered cheap. The lobsters sold at 60 cents a pound, while the clams found slow sale at $1.50 a bundred. Green shrimp were scarce at 35 cents. ‘onsignments of swordfish from the vicinity of Block Island, a fish that is considered one of the delicacies of the deep sea, found ready sale at 30 cents a pound. Salmon and halibut from orthwest waters came all the way 0ss the continent in good shape and found fairly good demand, the former at 22 and the latter at 20 cents a pound. Filet of haddock, always a good as received in fairly large during the week. The de reat as usual, it is reported, probably because of the large quantitics of cheaper fish of- fered, but dealers managed to get rid of their supplies at 15 cents a pound. A continued heavy demand for ba- nanas is attributed by dealers to the reported scarcity of Summer fruits in nearby Maryland and Virginia and to the exteasive advertising of the fruit throughout the country. The heavy demand has made the ma stronger. Local dealers have fairly arge quantitics of bananas on hand, of them green and being ripened, A price of §4 a 100 pounds was quoted this morning. Lemons Bought Heavily. Dealers also report a continued heavy demand for lemons and oranges. During a recent hot spell the increased demand for lemons al- most cleaned up the local market. It Jid make the market much stronger and sent prices skyward to $15 a box. Merchants have about recovered from the shortage experienced at that time, and prices this morning ranged from $5 to §8 a box. Orange prices covered a wide range, size and quality deter- mining them. Heavy receipts of watermelons have n the | BY EDWARD (. STONE. cordihg to reports filed with the | Utilities Comn ington Gas 1 income for t mounted to §6 | mont! mpa ightly lower figure in June, 1 N44.13 | Total operating reven lof this year were | parison "with $410,040 ye » month total $264,8 Deductin expenditures from the rev 1 operating income of $122 figure also belng abo year when it totaled $115,750 That the company is havin {cellent year is shown by the fact that | the total net incom February, April ay 8T It wi that the larg inc month was in_ Februs months' net in 1926 was § The Georgetown Cis filed its June report w Commission, this shc come for the month of pared with $5,501.7 June operating revenues to $63,508.48, against $35, 1go; operating expenses o 68188, compared with $44,138.33 leaving a total operating income the month of $12,158.58, in com- parison with 50 last year. The company’s net income for the first half year is well ahead of the same period last year, being $56,230.32 At the 1926 half-way mark the net income h ched $45,331.75. Striking Ease in Local Credit. of credit in the loca 3 was shown by a further decline in bills redis- | counted at the Richmond Bank to | $18,982,000 on July the figure in years. This compa 29,000 a week pre-| y 1217,000 on the com-| parative week a year ago. Rediscounts | in the system as a whole also were | oft sharply from last totaling | $308,130,000 against §$4¢ 00 a year | in the fifth district stood at only 799,000, compared 59,043,000 reported in the p vious week, and $69,903,000 a year ago. The Richmond ratio was 69.19 | against 68.75 a week previously and 4 per cent at this time entire system’s ratio was t, compared with 76.3 per cent a year ago. Holders Agree to Stock Plan. The District National Bank has re ported to the Washington Stock Ex: change that all the bank’s sharehold- ers have agreed to having their stock stamped entitling them to a share of the common stock of the District Na-| tional ance Co. for each share of bank stock held. Practically all the shares have been taken to the bank for this stamping. The information was placed on file with the Stock Ex- change because the bank stock has been listed and traded in on the local board for several years. Coast Line's Earnings in Slump. A decline of more than $750,000 in net railway operating income of the Atlantic Coast Line Rallroad is shown in the June report. The statement re- vealed net operating income of $270,218, against $1,088,806 in ths| same month last year. Gross operat- | ing revenues iwere $6,037,981, com- pared with $7,487,178. The company closed the first half of the year with net railway operat- | ing income of $8,438,866, compared with $11,978,738 a year ago. Other Financial Notes, The Virginian Railway Co. reports for six months ended June 30, 1927, surplus, of $3,481,366 after taxes and charges, equivalent, after allowing for dividend requirements on the 6 per cent preferred stock, to $8.45 a share earned on outstanding 312,715 shares of common stock. This compares with $2,469,916, or $5.21 a share in first half of 1926. The United Cigar Stores Co. of America and subsidiaries in state- ment to New York Stock Exchange for five months ended May report net income of $3,482,781, after charges and federal taxes, against $3,- 312,404 in same period of previous year. R. W. Carter, manager of the Washington office of Henry L. Doherty & Co., reports that the Cities Service Co.s net earnings in June amounted to $2,499,186, an increase of $336,180 over June, 1926, He also reports that net earning for the 12 months ended on June 30 totaled $28,204,935, an Increase over the pre- ceding 12 months of $7,470,008. Profit of American Ice Co. and sub- sidiaries just announced for quarter | ended March 31, 1927, was $148,812| after expenses and bond interest, but before depreciation and Federal taxes. Frank Owings, cashier of the Bank | of Commerce & Savings, has returned ¢ from his vacation, which included a most_interesting automobile tour of | the New England States. Vice President C. H. Pope of the Munsey Trust Co, will be back at his desk Monday after a month's | vacation. President Willlam D. Hoover of the National Savings & Trust Co. reached Hot Springs, Va., today for a six- weeks' sojourn at that resort. | eorge L. Waldren of the Washing. ton Savings Bank is spending a =holl; vacation on a visit in Virginia. | Alexander Wolf, general counsel of | the Bank of Commerce and Savings, | accompained by his son, will sail for Europe in August, going on the Levia- than. Miss Julia Kraus, assistant cashier of the International Exchange Bank, has returned to the city from.a vaca- tion trip. Bond Settlement Announced. William G. Edinburg, New York member of the protective committee for holders of Baltimore, Chesapeake & Atlantic Railway Co. first mor announces settlement with the ania Railroad Co. whereby the latter purchases the bonds at a net price of $481.04 a bond deposited. Amount of the issue was $1,500,000. Dbeen reported during the week, many of them received in bad condition, and the poor demand for them weakened the market. South Carolina growers are supplying much of the fruit reach- ing the local market. Today's Wholesale Prices. | ! | | ; store packed, Iiggs—Fresh selected, 25a27 ry current receipts, 23a24. Poultry, alive—Turkeys, hens, 25 toms, 25; fowls, 20a23; Spring chick- ens, large, 27; medium, 24a25; small, roosters, 15al ducks, 15; Dressed—Turkeys, 28a30; Spring chickens, 30a35; capons, fancy, heavy, 39a40; smaller, 35; ducks, 20a25; keats, young, 60a70; old, 30. Meat, fresh killed- eef, 18a20: veal, 20; lambs, 20a32; fre hams, 23a25; shoulders, 17a18; loins, 28a30; smoked hams, 26a27; smoked shoulders, 17a18. Live stock—Calves, choice, 12; me- dium, 10al11; thin, 7a8; Spring lambs, * 13al3%. o b x A Third of a Century's Experience Every Detail rected with! thi: careiul supervision of your apartment house other holdings is taken care of promptly by our f T such property mar partment. covers taxes, insuran service, leases, repairs, fuel and the prompt lection 1o B. F. SAUL CO. Main 2100 col- 1ce ot rent APPLICATIONS lNVlTED' for LOANS on IMPROVED PROPERTY Located in the District of Columbia and adjacent Suburbs in Montgom- ery and Prince Georges Counties, Md. 5: % INTEREST Apply to H. L. RUST COMPANY LOAN CORRESPONDENT Ghe PRUDENTIAL INSURANCE COMPANY of AMERICA 1001 15th Street N.W. Main 6888 Respice, adspice, prospice HESE three Latin words appear promi- nently on the seal of the College of the City of New York. This simple message—Look to the Past, Look to the Present, Look to the Future—is worth tak- ing time to think about. Consider the past—have you spent your money wisely, and have you saved as much as you should? Consider the present—is your money wisely invested in sound se- curities and are you increasing your hold- ings of such securities? Consider the future—will the investments you have al- ready made and the investments of your most productive years carry you through the years when you want to take life more easily ? Our First Mortgage Notes have aided thousands of investors to prepare for the wants of future years. And they can do the same for you. No investor in securities offered by this organization has suffered loss in more than fifty-eight years. Swartzell Rheem & Hensey Co, Mortgage Barkers 727-151h. 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