Evening Star Newspaper, August 19, 1927, Page 12

32 > TREND UNCERTAIN FIN ANCIAL. Received IN SIUEK MARKE]’? Open. High. Low Close Abitibl Pow (5). 1067 109 106% 107 Irregularity, However, Modi- fied Under Lead of High- Grade Shares. BY GEORGE T. HUGHES. NEW YORK, August 19.—After two hours of irregular and uncertain movement, the Stock Market this a ernoon hardened under of the high-priced shares. General Motors more than made up the $2 dividend which came off the price. General Electric ran up over 2 points and American Smelting and Refining did the same, while U, S. Stee] im- proved to a lesser extent, Notwithstanding _ this show of etrength in the industrial favorites, business was on a small scale and the general list slow to respond. The market seemed to be balancing money against doubt about profit mar. gins for any except the strongest corporation: Money at 31 Per Cent. Money held at 315 per cent all d The market hardened in the aft noon, but continued dull. There w cluding Consolidated Gas, g of Chicago and Commonwealth Pow- er. New York Central came to the front among the 1a neral | Motors extended its morning-gain and Steel held firm around the best of the session, More attention was paid to indus- trial conditions, the outlook in the steel trade, the falling off in car load- | ings and the different position for the | oil producers. The oil stocks them- | selves were irregular, but with most of the changes downward. It looked ®s if the short covering of the pre- ceding session had weakened their technical status, while there was little incentive to new buying. The half- vearly statements of the oil companies have practically all been discourag- Ing reading to stockholders. tandard Ofl of California, Shell Union and Barnsdall were among the oils in supply today. Steel Shares Sluggish. Steel shares were sluggish. United Btates Steel made the best showing, but Bethlehem was resting after its series of new highs, and Crucible seem- ed to be meeting stock whenever it was bid up. Colorado Fuel failed to carry through. With the railroad group net changes were mixed. Shares of the anthracite carriers behaved better than the rest. Delaware & Hudson, and Lehigh Val- ley were both higher, while Baltimore & Ohlo was steady. On the other hand stocks of roads operating in the South- west were heavy, including Missouri Pacific and St Louis Southwestern. The action of Rock Island negotiated the idea of any increase in the divi- dend at next week's, meeting. South- . ern Railway was in demand for a time { and Great Northern, Northern Pacific, Chicago & Northwestern were favor- ably regarded, the last named showing at one time a gain of over a point. General Motors Group. Tn the motor group the feature was General Motors, which, selling ex the $2 dividend, was up on the day. Trad- ing was begun in the new stock on a when-issued basis. Short covering kept up in Mack Trucks, putting the price up a point above par. White Motor, the dividend meeting of which is scheduled for today, improved sym- pathetically. In general the automo- bile shares were steady, although Hud- son fluctuated rather nervously. There were a few new highs, the most notable of which were Wool- worth, at the best for the present no- par-value shares, and Baldwin, at the highest for all time. Pittsburgh Coal had a characteristic run-up and Geod- rich Rubber was stroi Abitibi Power featured the utilities at the best since the stock was listed. Man- hattan modified guarantee swung into line with the other local tractions. American Locomotive continued its eady but slow advance. —e CHICAGO LIVE STOCK MARKET CHICAGO, August 19 (#) (United States Department of Agriculture).— Hogs, receipts, 17,000; market fairly active; early trading mostly to ship- pers; lightweight, steady to strong, with Thursday's average; packing sows and butchers, steady to 10c higher; bulk, good to choice, 160 to 200 pounds, 10.50a10.60; top, 10.65; most 240 to 250 pound kinds, 9.50a 10.25; few, 260 to 280 pound butchers, 9.25a9.40; little doing on heavies; light and medium ight packing sows, active; bulk, 7. 00, butcher- ing kind, 8.25 and above; outlet nar- row for slaughter pigs at 9.00 to 10.00, according to quality. Cattle—Receipts, 1,800 head; gener- ally steady; nominal; market on fed steers, grassy kinds predominating and selling slowly at 11.00 downward to 8.75;, most grass cows, 25a7.50; grass heifers, 7.25a8.50; medium bulls with weight, strong; mostly, 6.50a6. lighter kinds downward to 6.00 with cutter kind at 5.50a5.75; active trade on_vealers, mostly 16.00al Sheep—Receipts. 6,000 head; early activity short lived: fat lambs slow; steady to weak: bulk native lambs lightly sorted, 14.00; several load: good natives, 14 few down to 1 & culls, 9.50a10.00; best range lambs held around 14.50; sheep steady; fat ewes, 6.25a7.25; heavies, 5.00: feeding lambs, indications unchanged; none so0ld; Thursday’s top fat range lambs, | 14, FOREIGN EXCHANGE. (Quotations furnished by W.B. Hibbs & Co.) Nominal Selling checks xold value ndon. pound Montreal. " dollar aris, franc.. Brussels. franc Borlin. mark.... 000014 1% 000144 Warsaw, Copenhagen. Oclo. crow Stockholm. ’ YORK, sign exchanges steady. (in cents): Great Britain, bles, 48614; 4813, I oty erown. crown 19 () —For- Quotations | demand, 455%; ca 60-day bills on banks ance, demand, 3.917% Italy, demand, Demand-— Holland, 40.04 Sweden, Argentina, kio, 47.43% real, "4')3‘/ 3 \)m uthai, 60.37 DIVIDENDS. R Adame Express. $1.50 Relding & Hemy B | American Ice. | Am La France. ™ ¥ Ty | Am Linseed. Calif Packg(4).. ¢ | Collins&A pf (7) 103 | Cuban Am's | Cushmann pf (8) 111 Abrahm&Straus 88% 884 Adams xp (6). 166} 166 Adv Rumley pf.. 36 36 Ahumada Lead 4% 44 Alr Reductn(16) 181 1811 Ajax Rubber, T 8 Alaska Junea 1% - 2 23% 23% 99y 9% Albany Papr (2) Albny Pap pf(7) Allled Chem (6). 153 155% Allied Cm pf(7). 123% 12314 Allis Chalm (6). 105% 107 Amerada (2).... 3L 3l% Am Agricul Chm 13% 13% Am AgriCh pf.. 4din 44 Am Bank N (2). 621 63% Am Bk Not pf(3) 593 60 Am Beet Sug pf. 48' Am Bosch...... 204 Am Br Sh(J1.60) 43y Am Brown Bov. 1lia Am Brown Bopf 40% AmCan (2)..... t0% 0% 5% Am Car&Fdy(6) 102'y 1034 1027 103 Am Chain pr(7). 100's 100% 100% 100% Am Chicle (3).. 60 60 58's 584 Am Drug (80c). 13% 187 3% 13 Am Express (6). 157 L 157 16718 Am & For Pow.. 3 3% i24 22 Am&Fo Po pf(7) 100% 100% 100t 100% Am Hide & Lea.. 10 10 10% 104 Am Hide& L pf. 64 64 64 Am Ho P (2.40). 5li§ 51% G5l 29% 29% 30 ey vl Y14 5) 50 54 Ta [ 87w 8Th 166% 166% 36 36 4% 4% 180 180 T Th 1% 1% 23% 23w 991 994 154 154% 123% 123% 105% 107 301 30% 13% 44% 624 59% 484 20% 434 10 40 Am Ice pf (6)... Am Internati(2) u 47 4 8% i34 112'9 110 1U1% 43% 43% 434 Am Linseed pf.. Am Loconiot (8) 114) Am Metals (3).. 43% AmDMetals pf(7) 110% 1 Am Piano (3)... $6 Am Po& Lt (1) 60% Am Radiator(5) 1334 13 133 135 Am Seating(t4). 35 45 45 Am Shipbldg (8) 91 97 91 91 Am Smelting (¥) i65 167% 165 16 Am Stl Fdys (3) 51'a 54% 54 Am Sugar (5)... ¥9 90 By 94 Am Sugar pf (1) 112% 113% 112% 113% Am Sumatra.... 59.3 6% 59 0¥ Am Tel & Tel(9) 16 it 1687 1687 Am TobaccoB(8) 14274 1427 142% 14274 Am Tobac pf (6) 115% L15% 115% 115% Am Typ Fdrs(8) 132 132 132 132 Am W W (m80c) 5: 524 51% b51% Am WW (c1.60) 105 105 105 106% Am Woolen pt. 2% 52% 52 b52% Am Writ Pa ct: 21% 224w 21% 22 Am Wr Pa pf cfs AQ‘h 51% 49% 61% 7 7 40\4 40% 40% 40% Anaconda (3) 45'a 45% 45% 46w Arch-Dan pf(7). 105 108 108 108 ArmourDel pf(7) £5'% ¥5% 854 5% Armourot III(A) t% 9% 9% Yy Armourof Il (B, 5% 5% 5% 5% Arnold Con&Co. 31 354 33 31 Asso Dry G(2314) 46's 46% 45°% 46 AtT&SF(19%). 193% 1934 193 193 Atchison pf (5). 102's 102% 1021 102% AUCL (18%).. 195 195 193 1941 60 NEW YORK STOCK EXCHANGE by Private Wire Direct to The Star Office. F'id Phoenix (4). First NatS(1%) Fisk Rubber. ... Fisk 1st pf (7).. Flelschmann(3) Foundation (5). Fox Fllm A (4). Freeport (t4%). Gabriel Sn(3%). Gardner Motor.. Gen Am Tnk (3) Gen Asphalt Gen Asph pt Gen Eleo (15)... GenEleo sp(60c) 7 | GenMotors(t10) Gen Motors(w.1.) Gen Outdr A (4) Gen Ry Sig (6).. Gen Refrac (3),. Gimbel Bros Glidden Co...... Glidden pr pf(7) Gold Dust. Goodrich R Goodrich pt (7). Goodyear Tire. . Goodyr pr pt(8). Gothm S H (234) Gotham new 214 Gotham H pf(7) Granby (4)...... Grt North pf (5) Gt Nor pf cfs(5) Grt Nor O(134) Great WnSug(n) Gt West S pf (7) Green Canan.... Guantanamo Gulf Mo & Nor Gulf States (5).. Hrtn B b10% stk Helme Geo (4).. Hocking Val(10) Hoe & CoA..... Hollander & Son Houshld P(3%). Houston Ofl. ... Howe Sound(4). Hud Man (23). Hudson Mo(3%) Hup Mot (1.40).. I1inots Cen (7) Indep O1l (1)... Indian Mot (1%) Indian Refining. Indlan Refg ctfs Ingersoll-R(14), Inland St (23%) Inspiration. . InterboroRapTr. Int Bus Ma (4).. Int Cement (4).. Int Com Eng (2) Int Harv (§6)... Inter Har pf (7). Int Mtch pf(3.20 Int Mer Marine.. Int Mer Mar pf.. fnt Nickel (2)... Int] Paper (240) Int Paver pf (7). Int] Stlver. .. Atl Refining (4). 124% 126 124 125 Atlas Powder(4) €3 63 63 63 Baldwin L (7).. 267% 259% 257% 258 Bald Loco pf (7) 120 120 . 120 120 Balto & O (6)... 121% 122 120% 120% Bambgr pf(6%) 108% 108w 107% 107% Bang &Ar (3%). 74 74 T4 4 Bang & Ar pf(/) 108% 108% 108% 108% Barnet Leather. 66% 57% 56% 57i) BarnsdallA(2%) 25 26 23% 23% Bayuk 15t p£(7). 109% 110 109% 110 Belding Bros (2) 22 22 22 22 Best & Co (3) 50% 50% 50% b50% Int Tel & Tel (6) Int Tel & Tel rts Jewel Tea. Jordan Motor. Kan City South, KayserJ (4). Kelly-Spring... Kelly Tire 6% pf Kels-Hayes (2). Kennecott C (5). Keystone T & R. Kinney pf (8)... Bethlehem Steel 624 62% 62 62 Beth Stipf (7)., 115 115% 1l4% 115% Bloomingdale... 41% 41% 4l 41 Bon AmiClA(4) 68 b8 58 58 Booth Fisheries. 6% 6% 6% 6% Botany CMIlls A 23 23% 23% 23% Briggs Mfg (3). 28 8 23 28 Bkin-Edison (8) 1834 183‘6 131'4 151‘4 Blkn-Mn Tr (4). 68 57 By Man T pf(6). 83% SJ" Bklyn UnGas(5) 148 Brown Shoe (2). Brunswick B(3) 83 83% 148% 146 146 41% 41% 41% 4% 321 32% 32% 324 Brunswick Ter.. 9% $% 9% 9y Buff Roch&P (4) 94% 94% 94% 94w Buft&Susq pf(4) b51% b5l 51l 51% Burns Bro (10). 94% 94's 94% 9(% Bush Term (b8) 59 59% b9 59% Bush Terde (7). 103's 103% 103% 103'0 Butte Cop (50c). 4 % 4 Butte&Super(2). 8% 8% 8% 8% Butterick (g2).. b53% 53% 53% 53 Byer & Co...... 80% B80% 78% 73%- Byer & Co pf(7). 110% 110% 110% 110% KraftCh (11%). Kresge (1.20)... Kresge SS pf(8) KressS H (1)... Lago O11 (3). Lambert Co (5) Lee Tire & Rub.. Lehigh Val(33%) Lehn & Fink(3), Life Sav (1.60).. Lig&MyrsB(£4). Lima Loco (4).. Liq Carb (3.60).. Loew's Ino (2).. Loft. Loose-Wil(2.60) Loose-W 1st (7) Lorillard Co. Lorlllard pf (7). Loulsiana Ofl. .. La Of] pf (6%).. LoulsGasA (1.76) Louls & Nash(7) Ludlum Steel(2) By-Products (2) 774 78 1% T 63% 63% 631 631 2% 22% 22% 22w 1% 70 Calif Petm (1). Callahan Zine... Calumet & Ar(6) Calu & Hecla(2) 15% Canada Dry (3).. 56% 57% 56 56 Can Pacific (10). 185's 186% 185' 186 Can Pacificrts... 4 3 4% Car CI&Ohio(3). 90'% 904 90w 90% Case Threshg(6) 262 265% 262 264% Case Thrpf (7). 120 120 120 120 Cent Alloy (2).. 29% 29% 29 29 Cerro dePas(15) 64 64 63% 64 Certain-Teed 4) 51 61 b50% 50% Chand-Cleve. ... 6% 6 6 Ches & Ohto(10) lfll 192% 192% C&OCorpn (3). 72% 125 2% Chi & Alton pt.. 14% 13% 13% Ch! & East 111 pt B Ti% Chi Great West.. 15% 15% Chi Gt West pt.. 4% 344 Chi Ml & St P.. 16% 17% Chi Mil1&StP pf. ¢ 33 CM& St P cf: 16% C M&StP pfcfs, 3 3% 31% Chi & Nwn (4).. 91% 92% 9L 92 Chi Pne Tool (R) 125 128 128 126 Chi Rock Is (5). 110 110 109% 110 CR1&PDL (6). 101% 101% 101% 101% CRI&PDpf (7). 10%% 108% 108% 1083 Chi Yellow C(4). 9 39 39 39 Childs (32.40)... 61% 61% 61 614 ChileCop (2%). 36% 362 36% 36% Chrysler Corp(3" 56'4 56% b55% 56 Chrysler pf A(8) 1125 113 11215 113 City Stores (B). 50 50% 49 49 Coca-Cola (5)... 116% 117'% 116% 117 Collins & Alk(n) 92% 925 90% 91 % 104% 103% 104% 9% 960 105% 17% 201 21 20% 20% 46 45 16% 324 15 Col Fuel & Iron. Col Gas & El (5) 96% 95k Col G&E pf A(6) 105' 105% 105'% ComCred (1)... 17% 17% Com Crpf (1%). 204 21 Com Crpf B (2). 20% 20% Com Inv (3.60).. 46 45 Com Solv B (8). 354% 355 3514 355 Com Powr (2%) 56 56% 53% 66 Conde Nast (2). 40'% 40% 40%5 40% Congoleum-Nair 24's 241 21 2% Cong Cigar (4).. €54 66 €5% 654 ConClgars (7).. 8L 8% 81 82 Con Cigars pf(7) 101 106 101 103 Consol Gas (5).. 1.3 118% 1126 112% Cons Gas pf (6). 4! Th UNb ConRRCuba pf 6 & Consol Textlle. . Cont Bakg A(4). Cont Baking B.. Cont Bak pf (8). Cont Can (6) Cont Insur (6) Cont Mot (80c) Corn Prod (13) Coty Inc (6).... CrucibleSteel(8) Crucible pf(7).. Cuba Cane Sugar Cuba Cane Su pf. ‘uba Company . . ). Cuban Dom Sug. 891 £9% B9Y T4% 75 T4% 90 190% 190 190% 10% 10% 104 10% G5% 557 b55% 55% 9L 9L 90% 90w 91 91 90 90 1% 113 1i1% 113 T % T Th 269 37 o6 36 20 204 18 20 22% 3% 24 3 4% 14% 144 14% m o o1 Davison Chem.. 32% 34% 32 34% Deere&Co pf(7). 115% 115% 1 115% Del & Hud (9).. 207 2081 206% ©07% Del L& W (17). 165% 1651 164% 161 Diamd Mtch(8). 132% 1324 132 132 | Dodge Bros CIA 18% 18% 184 18% Dodge pf (7).... 70% 70% 70 70% Dome Mines (1). 7% % Th % Dunhill Int (4). 50% 50% 50 50% Dupent (19%) 5% 89 285% 287w McCrory (1.60). McCrory pf (6).. Melntyre P (1). Mack Trucks (6) Mackay (7)..... Mackay pf (4).. Madison Sq Gar. ManEl m e (d5) Man Shirt (2)... Marland Of1. Marlin-Rek +33 Mathieson (4).. May Dept S (4) Maytag (2% ) MetroG pf (1.89) Miami Cop (1).. MidContinent(8) Middle States. .. MId States Ofl ct Midland p(+12) Miller Rub (2).. Minn & St Lonls. Min St P & SSM. M St P&SSM pf. MStP&SSM 11(4) Mo Kan & Tex.. MoK & T of (6). Missour| Pacific. Missourt Pac pf. Montana Pow (5) Montgmry W(4). Mother L, (50e).. Motor Met(3.60) Munsingwr (3) Murray Corpn... Nash Mot (+43%) Nat Bellas Hess NatR Hess pf(7) Nat Biscult +534 Nat Cash R(A)3 Natl Dairy (3).. Nat Dept Stores. Nat Dist!llers. . Nat Distillers pf Nat Lead (5)... Nat Led pf B(6). Nat Pw&Lt(80c) Nat Surety (10 Nevada C(1%) NY & Lack (7) NY & Harl (6)., NY NH & Hart NY NH&Har rts. NY Ont & W (1) N Y Railways pf Norfolk Sout NorAm b10% Nor Am Ed pf(7) North Pac (5)... Nor Pac ofs(5). Nunnally (1.50). Omnibus. Omnibus pt (8) Opnhm Col (4).. Orpheum Cir (2) Otis Elevator (8 Otis Steel....... Outlet Co (4).... Owens Bot(Ct5) | Eastman (18). 155‘4 \56% lfifl‘a ISG‘. Eaton Axle (2).. Eisenlohr & Bro. lZ‘q IZ'i 11'4 El AutoLt(16%) 9l 9l 91U Electric Boat... 20% 20% Elec Power & Lt 22% 22% Elec Refrigeratn 15 14% El Stge Bat (16) 71 % Elk Horn e 11 11 End John (5)... 72% Engineers Pub8 30w Engnrs PS pf(7) 1054 10 '/I 105% 105% Epqit BIAg(T).. 7 7 Erile RR.. Erle 18t pt. Erle Stm 8(2%) Erie Stm 8 pf(7) 108% Kureka Va ft4% 67 Fed Lt (h2.40).. 41% Fed L&T of (6). 97 ¥ed Mot T(fRic) 19% 30% 304 30% 108% 108% L08% 68% 67 67% A% % 4% T 9T 9% 147 19% 19% Pac Coast 1st... Pactfic Gas (2) Pac Ol1 Stubs Packard (12.90). Paige Motor.... Pan-Am (6)... Pan-Am B (8).. Pan-Am West B Panhandle...... Parmt-Fam (§8) Park & Tilford r Penlok&Ford(1) Penn C & Coke. . Pa Dix1eCt(3.20) Penna RR (3% ) Peoples Gas (8). Peoria & East... Philag&RC&l. Open. 5 141 141 121 24% 2 L1121 1124 1124 124% 128 124 1% 114 11% 224v 227% 224 113% 116 113% 67 67% 57 144% 14730 144% 67 wuu 103's 1034 521 53% b2 T10% 111% 111% 5% 5% 75 T4 T5% 4% 113% 113% 113 391 39 394 99 99 964 19% 38 121 59 8% 19% 2% 3% 40k 50% b60% 2% 21% 100 101% 100 288 288 288 Ba 34% 138% 134% l27\y 1% 41w 41 56% 531 56% Bi% B5% 8aL 18 184 18% 131' 131% 131% 22 22 67% 6B 66'% 561 57 56% 1024 102% 102 172 173% 172 1407% 141 140% % 4% 4w 60 61% 60 7 ar v 614% 62% 61 7% b7% 57 21% 24w 23 % Tlw 1% 24 24 24 Efl% 68% 684 k) % N)Va 80% TRl 68% G58% &7 65 657 64'4 112k 112% 1124 8 81 81 32% 32 A1y 9% 79% 19 10% 1% 10% 1090 111 108% 36% 36% 364 ap. epi jop UT% 118 1174 65 67 65'4 51 51% 51 55% 56 56 % 6% 61 1% 51w 5T 119 119% 119 4916 9w 391 113% 118% 113% I 1% 11% 91 91 90y 274 274 274 145% 146 145% 24 20 24 84% 84% 84% 107 107 107 25% 25% 258 100% 101% 99% 130 130 1%9% 3 73 3 21% 21% 21% 85% 36 5% 821 83% 824 37% 33% 37% 43 50 48 115% 116 115% 80% 804 31% 31 25 25 15 15 824 32! 2% 2% 1% 126 284% 3% 3% 4274 42% 67 67% 674 624 _62% 62% 46% “4615 46 105% 106% 105% 53'% 531 52 103 103 1024 101 102 101 2% 13 2% 2% 30% '{Mfi 66% 654 23% 23% 23% 110 21% 21% 21% Si% 865 84m 4% 14% 14% 45 454 dd 155% 155% 156% 6% Gl 5% 9% 59% T75% 1074 107% 107 170% 170% 170 9 4T 17 B5% % 55% 49 102% 10%% 101% 95% 95% 95 93 934 92 10% 10% 10% 35% A5% 108 108 12% 124 12% 90 90 90 72 7% 72 28 28 28 137% 139% 138% 9% 9% 9l 61 61 61 L 8% 17 52 50 38% 8% 1% 1w 894 384 1% 1t h64 56% 5T% 5h6le 514 108 10% 101% 100% 0% 101 39% 39% 39 5% 65% 161% 151% Ilil'& 37 37 37 ERLINE S I TR High. Low. Close. 141 24 . 246% 24T% 245% 2 ‘Phillp Morris. .. Phil-Jones pf(7) Philllps Pet (3). Phoenix Hoslery Phoenix pt (7) Plerce-Arrow. I;iltch'Ar pf(8). PittsTerm Coal.. Postum (6). PorRIcoTobA (1) Pressed Sti Car. Prod & Refiners. Producers&R pf. Prophy Br (13).. Pub Serv NJ (2) Pub SE Po pf(7) Pub S NJ pf(8). Pub SE&G pf(6) Pullman ctfs(8) Pullman, Ine. ... Punta Aleg Sug. Pure Ofl (#2). .. Purity Bak A(3) Purity Bak B(2) Radfo Corpof A. Radfo C pf (3%) Ray Copper (250 Reading (15) Reading 1st (2). Real Silk Hos(4) Reld lce Crm(3) Rem-Rand $1.60 Rem-Rd 1st(7). Rem-Rd 2d (8).. Reynolds Spngs. Rey Tobae B (5) Rossla Ins (6).. RoyalD(al1.33%) Safety Cable (4) St Joseph L(13). St L&San F(18). St L&SanF pf(6) St L Southwest Schulte (3%) | €eab Afr L pf. Seagrave(el.20) Sears-R (n2%). Seneca Copper. . Shattuck F G (2) Shell Un (1.40).. Sher-Wil pf (7 Shubert The (5). Stmmons (2).... Simmons D! M. Simms Petq Sinciats O v s Skelly O1l (2). Sloss-Shef (6).. Snider Packg Co So Porto R Sug.. South Callf E4 South Dairfes A. Sou Dafrles B. South Pac (6)... Southern Ry (7) South Ry pf (5). Splcer Mfg. ... Std G & E(3%).. Std M1l (5). Std OILNI(H1%) Std Ofl NY(1.60) Sterling Pro(16) Stewart-War (8) SunoOil (11). Sun Oil pf (8). Supertor O11. Superior Steel. Tenn Copper (1). Texas Corpn (3) Tex Gulf S t4%. Tex PC&O(60¢). Tex Land Trstn Tex & Pacific. .. Thatchr p£(3.60) The Falr (2.40). Tidew Aso (60e) Tidel.at O(80e). Tide W Ol pf(5) Timken (15). Tobac Prod ( Transcont Ofl. .. Twin City of (7) Un Bag & Paper. Unlon Carb (6).. Union Of1 (t235) Un Pacific (10).. Un Paclific pf(4). Union Tank (5). Utd Cigar Stores Un Clg St p£(7). United Drug (9) UtdDrg 15t(3%) Utd Frult(t5%) USCIP&F(10) 2 U S Distributing US Dist pf (7)., U S Alcohol (5). U S Ind Al pt(7) U S Leather wi,, U S Leather A. USLeat pr pf(1). U S Realty (4). U S Rub 1st (8).. U 8 Steel pf (7).. U S Tobacco(3).. Uni Pipe (12%). Uni Pipe pt(7).. Utl P&Lt A (e2) Vanadium (3). Vick Chem {4) Vietor Tlk Mch. Victor cv t (8). Va-Caro Chem.. Va-Car Ch 6% p} Vivadou (3).... Vivaudou pf (7) Vulcan Detin... Vule Det pf (7). Wabash..oeaues Wabash pf A(5). Waldorf (135).. Walworth (1.20) Ward Baking B.. Warner Plo A. Warren Bros(4). Web&Heil pf(7) W Penn E1 A(7). W Penn El pf(7) West P Po (6).. WesthseAIrB(7) Westinghse (4). Weston Electri Weston A (2) White Eagle (2). White Mot (4).. White Rock (2).. White Sew M(4) Willys-Overland Willys Od pf (7) Wison & Co pf.. Woolworth (6).. Wright Aero (1) Wrigley (13%).. Yellow Truck. .. Yel Tr&Co pf(7) 96% 964 92 YungstnS&T(5). 884 88l 8T% 88% Hourly Sales on N. Y. Market. 1lam.. 434600 12noon, 761,600 1 p.m,. 1,038,000 2p.m.. 1295800 Diridend rates 8a etven in the sbove (avle aro th oayme: Tatest auarterly Of "3’ Tearty ducllrnlofl extrr or special Unless otherwiss not 100 sh: _1T% _1T% _17% 9244~ 937~ 9214 T 83% 664 664 664 66 169% 172% 1694 172 40% 428 40% 41% 544 bdw 52% G2% 354% 33% 34% 34u 94 denda are not included trading fese than !thrth oxm 3 Plus 4% i S 10% in lh)(.'k ‘l K%Pln stock Pmllh e 1/40 of a stoc ‘O'Plug's3 In oreferred sock 3 Plus one-hai? of common $tock. GERMAN BONDS AND STOCKS. By Special Teased Wire to The Star. NEW YORK, August 19.— (Quoted in dollars ver milllon marke. Ger Gt (w,In) e 1014-18. nznm Hamburg 438 (Quoted_in dnl Ger Gen Elec 4 Ger Gen Elec 4 Periin 45" pre-wai 10° cash OF "piie’ 1/50 fotn ipecial o} E 600 ner Ihounglnd marks.) mazca Krupn 58 Dusseldort 48 pre-wi ktort a-M 48 Dre-vwai 22222531232 S 32%32:%232--3 'Ger G A E G (Ger Ge Elec) Commers and Privat. Bank: I G. Farben.. 3383 20! S , alati . SEREEERE S BB Biouolt 12000 R220D 22228 3223 Mercur Bank Vienn: Heyden “Chemical Austrian A E G NEW TAKOMA PARK BANK THROWN OPEN Bank Stocks Again Feature Local Market—By-Laws Appear in Print. BY EDWARD C. STONE. Hundreds of cltizens attended the formal opening of the new home of the Takoma Park Savings Bank last evening, when the officers and direc- tors were hosts and personally conduct- ed visitors over the handsome quarters, located at the corner of Carroll and Willow avenues, in the popular ‘Washington suburb. Many promi- nent bankers outside of Takoma Park were among those enjoylng tours of inspection. The bank’s personnel as- slsted the officers in recelving the guests, The directors bullt the new home because of the bank's steady growth. At the close of business yesterday the institution’s deposits totaled $2,430.000. The bank has $50,000 capltalization and $100,000 surplus. The officers of the thriving institu- tion {nclude H. F. Taff, president; David Feldman, first vice president; E. Brooke Lee, second vice presi- dent, and W. Preston Gibson, vice president and cashier. During the reception favors con- sisting of sllver pencils were present- ed to woman visitors and leather letter cases were given to the men. The decorations were very elaborate and most attractively arranged. New Constitution Printed. Members of he District Bankers' Association were today recelving copies of the revised constitution and by-laws of the association, vital changes having been made during the convention at Hot Springs in June. Each change was voted after a full discussion of the points at issue, and the members of the association be- lleve they now have an exceptionally fine constitution for an organization of the kind. The booklet also includes the names of officers of the assoclation for 1927-8 and of the committee in charge of revising the by-laws and constitu- tion. This committee was made up of Maurice D. Rosenburg, president of the Bank of Commerce and Sav- ings, chairman; Howard Moran, vice president of the American Security and Trust Co.; Maurice Otterback, president of the Bank of Anacostia; C. H. Pope, vice president, Munsey Trust Co., and George O. Walson, president of tse™ Liberty National Bank. In addition to giving a list of all the member banks in the assoclation, the booklet publishes the names of all past presidents since its organiza- tion. Thomas Hyde, first president in.1901, was followed by F. C. Ste- vens, Charles J. Bell, John H. Moore, Alblon K. Parris, John Joy Edson, C. F. Norment, W. V. Fox, E. J. Stell- wagen, W. A. Mearns, George W. ‘White, H. H. McKee, B. F. Saul, George E. Fleming, W. T. Galliher, John Poole, Corcoran Thom, . D. Rosenberg, Robert N. Harper, John D. Larner, Joshua Evans, jr.; Harry V. Haynes, Victor B. Deyber, Francis G. Addison, jr.; Howard Moran and W. W. Spald, the predent head. American Security Stock Jumps. American Security & Trust stock again came into .the limelight today in connection with the recent move in bank shares on the Washington Stock Exchange, 15 shares selling at 440, a gain of 19 points over ‘the sales made earlier in the week. The market in the issue closed with 439 bid and 450 asked. A 10-share sale in Potomac Savings Bank stock took place at 325. This was the first transaction in this stock since its transfer several weeks ago from the unlisted department to the “big board.” Washington Gas Light was strong and active today, 85 shares selling at 76. Federal Storage preferred sold at 101%, 20 shares of Washington Rail- way & Electric at 91, while Potomac Power 5% preferred, now ex-dividend, opened at 101% and closed at 102. Bonds were firm at the recent levels. The Friday calling of the unlisted se- curities showed the bid price on Cha- pin-Sacks 8 per cent preferred had ad- vanced to 100%. The asked price on Munsey Trust is now 160 and on Ra- leigh Hotel Co. stock 104. In and Out of the Local Banks. Peter Dorsch, one of the directors in the Merchants' Bank & Trust Co., with his family, has returned from an ex- tensive automobile tour in Canada. Clarence F. Normen, chairman of the hoard of djrectors of the National Bank of Washington, has returned from several weeks passed at Atlantic City. Vice President Howard Moran of the American Security and Trust Co. con- tinues to receive hearty congratula- tions on the arrival of Howard Moran, jr. Mr. Moran and John Poole, head of the Federal-American, were recently heard over the telephdne swapping greetings of the season. H. T. Burnside, assistant cashier of the Farmers & Mechanics’ National Bank, is taking a week's vacation at Blue Ridge Summit. C. C. Morgan, manager of the bond department of G. M. P. Murphy & Co., will be back at his desk Monday after spending his vacation on Long Island. Silver Production Boosted. The Wnited States produced 5,067,000 ounces of fine siiver in July, against 4,931,000 n June. Canada’s output was 1,752,000, against 1,614,000. The last monthly figures available from Mexico were for May, 7,791,000 ounces, against 7,737,000 in April. Peru put out 1,513,000 ounces in July, against 1,306,000 in June, and Australia 989, 000, against 847,000. Increased activity in new business in the lumber industry for the week ended August 13 was shown in re. ports from 480 of the leading mills of the country to the National Lum- ber Manufacturers’ Assoclation, com- pared with the week before. Richmond Ratio Declines. Bills to the value of $390,493,000 were discounted by the 12 Federal Reserve banks during the week end- ing August 17, marking a decline of $22,612,000 during the course of the week, while last week's total, $413,- 105,000, was itself a drop of $32,268, 000 from the figure reported two weeks ago. Bills bought in the open market by the 12 banks last week were less by about $5,000,000 than the previous pe- riod, the figures for this week and last being $170,932,000 and $175,707, 000, respectively, whilo a total of $177,882,000 was reportdd for the week of August 3. The total bills discounted by the Richmond branch increased some- what from the low figure reported last week. This week $21,284,000 of these bills were discounted, asagainst $17,324,000 last week and $19,161,000 for the previous seven days. plibdabed ol FEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sous. Cloging.) Bate—Maturley, | Bld. Asked. mx. H 55555555 232323222283, e panepaiapaie _-u~3=u~___- SRR BREREEEFRET s rrp»reyrprrpp- FEIREEE FIEE b 83332333552353, & B 4 4 4 I3 ] 4 4 4 4 4 4 4 Ss833 Sponges sold in the shops are skele- tons of the living,sponges. BALTIMORE, August 19 (Special). New potatoes, barrel, 1.25a3.£5; el, 1.00a1.25; beans, bushel, 1.00a .25; beets, 100, 2.00a3.00; cabbage, 100, 2.0024.00 carrots, 100, 8.00a4.00; celery, crate, 2.0023.50; corn dozen, 30a40; field corn, dozen, 20 cucumbers, basket, 40a50; eggplant, basket; 9021.00; lettuce, crate, 3.50a 5.00; llma heans, bushel 2.25a2.75 tomatoes, basket, 20a40; packing stock, bushel, 40a50; squash, basket, 50a60; peppers, basket, 40a50. Apples, bushel, 1. berries, quart, 10al5; basket, 25a75; damsons, 90; peaches, basket, 1.2521.5! basket, 50a75; pears, bushel, 1.5023.25; watermelons, each, 15a50. Hay and Grain Prices. Wheat . 2 red Winter expor No. 3 red Winter export, 1.43 red Winter garlicky, expor : No. 3 red Winter garlicky, ex- 4. Corn—No, 2 vellow, domestic, 1.29; | cob corn, old. 5.50 per barrel nummwl‘ [ No. 2 white, domestic, a2 cantaloupe: No_receipts. No. 1 wheat, 10.50a11.00. Dairy Farm Products. poultry — Spring_ chickens, pound, 2530 small, 18a25; Leghorns, 16; ducks, 16a18; old, 12al5 pair, 20a30; guinca fowl, each, 75a1.00. Eggs—Receipts, 1,285 cases; nativo and nearby firsts in free cases, 30a31; | current receipts, 29. Butter—Good to fancy, creamery, pound, 41a43%: prints, 44ad6; blocks, 43a45; ladles, 31a33; rolls, 30a32; store- packed, 31; process butter, 35a39; dairy prints, 30a32. Straw- Live ters, 14a pigeons, RAW SUGAR UNCHANGED. NEW YORK, August 19 (®).—The | raw sugar market was unchanged | early today with no sales reported | and’ prices quoted at 4.49 for (.uhan, duty paid. Trading in raw sugar futures was moderately active during the early | part of the session, and despite the steadiness of the spot market and the firmer cables from Lindon, prices were generally lower under September liquidation and selling of new crop deliverfes by houses with Cuban connections. ' The Cuban selling was believed to be in the form of hedging, but after declining 1 to 2 points priccs rallied partially on covering and trade buying. At midday the list was about unchanged to 1 point net lower. Refined sugar was unsettled with | G prices unchanged to 10 points lower | b3 and list quotations ranging frob 5.60 to | 5.80 for fine granulated. The demand | was only moderate and the trade was inclined to limit operations to nearby requirements only. NEW YORK GRAIN PRICES. NEW YORK, August 19 (#).—Rye |} barely steady; No. 2 Western, 1.113 | f.o.b. New York and 1.09% c.if. ex- port. | Barley barely steady; malting, 92% New York. P | heat futures opened steady; do-| mel(lc. September, 1.43%; December, | ¥ 1.4 Olher articles unchanged. SALES. Washington Gas s A—$1,000_at 103% Washington Gas Light—5 at 70 Amer rust Co.—10" at 440. a Potomac_Savings Bauk—10 at Federal Storage pf 10 at 101 AFTER CALL. Washington Gas 6s “A»—$2.000 at 103 % Potomac Elec. 6s 1M1— 6000 at 10815 Warhington Gas Lig 6. Washineton Gas (3 81500 %t 104% . c_Elec. cons. 55—S$1.000 at 10215 Tr'u-uon 58—$1.000 at 102, $500 Elec. nfd.—20 Rwy. & t 91 Putnm'\c Eiec. pfd. 5le—10 ‘st 1017, Mones—Clll loans. 5 and 6 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. Bid, ecurity ction R Gity & Suburban 5 Geor-atown Gas 1s Potomac il Wash Washington Stpck Exchange | & | | Wash ¥ash alt. Washmltan Gas Wash. Gas 6 & Elec. gen. MISCELLANEOUS. Barber & Ross. Inc.. 61: Chestut: Farms Daiey 6 Chevy Chase Club 51 16415 arket 53 1048 Bl Wardman Park Hotel - STOCKS. PUBLIC UTILITY. American Tel. & Telga. Canital Traction, Washington G Norfolk & Was) Potomac Flor nld 51 Potomae Elee, pfd. Wash. Ry. & Elec. mm Wash. Rwy. & Elec. nuxoun BANK. Nattonal, Cavital. 2 Columbi r‘ummemal 2] National Bahic ot Wash. TRUST COMPANY. & T Continental Trnsf Merchants' Bank National Savings' & Trust Union Trust. Washington Loan ‘& Trust SAVINGS BA Bank of Bethesda Commerce & Savings Enst Washington Potomac Security Tarre Staten Washington Mechanil FIRE INSURA American . Corcoran Firemen’ - National Usifon *; TITLE INSURANCE. Columbia Title.. Real Estate Title. l'm Title Inv. Co. of Md. com . 52 MISCELLANEOUS. Barber & Ross. Inc.. com Chevy Chase Dairy pfd fommeccial Nat'l”Co. wid.’ ! Feder: ican. con; Federal-American_1d Lanston Mo, e, tge. com Wash: \h-mnnl Bide, o0dwi othrod’ btd EX Gividend: Unlisted Department. (These securities not listed under Exchanke rules.) ONDS. Al N i Arloand, Sag, o B y Cluh 7s. . Metropolitan Club ‘4% STOCKS. Anacostia Bank . Chapin-Sack Chapi Chapin-Sacks_8s Connécticut, Ple Christian i‘!alurlsch artmental District Title Tns, Frankiin Natignai Baik Miller ‘Train ": trol « Mun o EECIm AR AL ashington Saving Washinston Saviney Washington Base Bail ('hlh Woodridge & Lamgdou S. 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