Evening Star Newspaper, September 3, 1927, Page 11

TIN UNDERTONE STRONG IN'BOND MARKET " More Activity Attributed to| Expectation of Treasury Announcement Tuesday. BY CHARLES F. SPEARE. § Epecial Dispatch to The Star. NEW YORK, September 3.—Therc was a strong tone to the bond market { today and more activity than was to e expected on the eve of a double ! holiday. This was in anticipation of the Treasury announcement on Gov- ernment financing on Tuesday and the reopening then of the investment sea- son. Alrgady municipal bonds have given { evidence that very easy money is ab- | sorbing the supplies of high priced ! city issues that were brought out last Spring. The New York City new ds have moved up from 99% “to about 1003 this week. Some of the recent sales of municipals have been made at prices nearly as high as the peak of the vear. Legal rails were firm today. but the demand was chiefly for forelgns and industrials. The former held steady around the best of the week, though there was some profit-taking in the French and Belgian issues which have had the largest gai Among the industrials Marine 6s at about 101, the best in months, Amer- jcan Agricultural 7is above 103 in spite of a ve poor statement of earnings, Goodyear 5s at 941z, J. {ayser §ls close to the previous and R. Hoe 6%s at a new low were features. high; for the movement, This week's new bond offerings amounted to $104,000,000. One of the most successful was the Boston and Maine 5, which today were at a pre- mium of 1% points over the issue price. Markets at a Glance B the Associated Press. NEW YORK--Stocks strong: many {ndustrials surpass previous best prices. Bond quiet; weeks new offer- ings again cross $100,000,000. Foreign exchanges irregular: British, French and Italian rates firm. Cotton easy; pre-holiday liquidation. Sugar, holiday. Coffee, holida: CHICAGO.—Wheat easy; increasing receipts. Corn weak; good weather. Cattle steady. Hogs irregular. WHEAT HAS DECLINE ON BETTER WEATHER Reports of Improved Condition in Canada Give Bearish Trend to Chicago Prices. By the Associated Press. CHICAGO, September 3.—Down- turns in the price of wheat today soon followed early news of better weather in Canada. In the absence of any further ° visitation of frost in that ‘country, speculative selling here en- Jarged and hedging pressure from the Northwest was in evidence. Opening unchanged to % off, wheat later sag- ged all around. Corn and oats were Jikewise weak, corn starting at % to % decline and subsequently showing some additional setback. Provisions displayed strength. With Canadian temperatures re- ported today as ranging from 42 to 52, and skies clear, apprehension re- garding likelihood of damage of wheat by frost in the Northwest was prompt to disappear. Advices also were at hand that yesterday's frost in Ar- gentina was not expected to do any harm, and that the weather in Europe was mostly favorable, with harvest there making satistactory progress. Corn prices also were affected by at least temporary subsidence of frost fears. Sharp declines which ensued were in the face of statements by a Jeading crop -expert that it is now difficult to figure more than 60 per cent of a corn crop at best this sea- son. He says the crop as a whole is still three to six weeks late and that it is very doubtful whether even half of the required time to mature the crop will elapse before the first se- vere frost. 35 B8k 533 o e arch .. Baltimore Markets. BALTIMORE, September 3 (Spe- cial).—New potlwe!. bushel, 1.00a1.25; barrel, 1.50a3.25; sweet potatoes, bar- zel, 1.25a2.75; yams, barrel, 1.25a2.50; . beans, bushel,” 1.00a1.25; beets, 2.00a 3.00; cabbage, 100, 1.00a4.00; carrots, 100, 3.00a4.00; celery, crate, 1.75a2.50; corn, dozen, 15a25; cucumbers, basket, 75a21.00; eggplants, basket, 25a50; let- tuce, crate, 2.50a4.50; lima beans, basket, 75a1.00; onions, 100 pounds, 1.50a2.25; peppers, basket, 25a30; squach, basket, 35a50; tomatoes, bas- ket, 20a30; packing stock, bushel, 60. Apples, basket, 1.00al1.50; canta- loupes, basket, 25a50; blackberries, quart, 15a18; huckleberries, quart, 17%a22; plums, basket, 60a75; peaches, bushel, 1.00a2.00; pears, bushel, 1.25a 2.50; melons, each, 12a35. Hay and Grain Prices. Wheat—No. 2 red Winter, export, 1.42; No. 3 red Winter, export, 1.39; No. 2 red Winter, garlicky, export, 1.36%; \n 3 red Winter, garlicky, pllow. dnme!flc 125 rel, nummal Oats—No. 2 white, new, 55a55%; No. 3 white, new, 54a54%. Old oats selling 234 and 3 a bushel over new oats. Rye—Nearby, 1.05a1.10. , 95 tons. New hay is limited quantity and in somewhat irregular condition. It is. therefore, not being officially grad- ed and sells strictly on its merits, within range of 16,00 to 17.50 a ton timothy and clover grades, Straw—No. 1 wheat, 10.00a11.00 per Dairy Farm Produc poultry — Spring Leghorns, 20: Leghorns, 15a16; old roost- 0422; small and 15a18; pigeons, pair, 20a30; Buinea fowls, each, 50a1.00. hxgn—Reroipu« 1,297 cases; native &and nearby current receipts in free g;ses, dozen, 30; strictly tresh, dozen, 3 Butter—Good to fancy creamery, pound, 42a47; prints, 47a49; blocks, 46a 48; ladles, 35a46; rolls, 32a34; store packed, 32; dairy prints, 32a34; process butter, 39a40. Have You Been Stung Yet? Some men have to get stung good and hard before they learn to be cau- fious in making investments, Before you Invest—investigate. ANCIAL. UNITED (Saes are Sales Lib3s.... 321 Lib1st4%s Lib2d 4%s. 740 1 Lib3d 4%s. 14 1 Lib4th 4%s 129 1 US 431984 US4iss. 11 Argentine 6s Ju 59. Argentine 6s Oct59 Argentine 6s A, Argentine6s B. .. Belgium 6148, Belglum 7s. Belgium 7s ¢ Belglum 71 Belglum 8s. Bolivia 8s. Brazil 7s Brazil 8s..... Canada 5s li'-'il. Canada 5s 1952 Canada 518 m"s. Chile 75 1943 Chile 8s 1941 Con Pow Japan 7 Cuba 5%s. Czecho 8s 5 Danish Munic §s A. Danish Munic 8s B [l Salvador 8s 48. Finland s £ 65 45. .. Finland 7s.... Framerican 7%s. French 7s. French 7%s... French 8s... German E1P6s. German 7s........ Ger Gen Elec 7s. Greek 7s. Hungary Tis. Italy 7s... ITtaly Pub 7s. Japanese 4s. Japanese 61;s. Lyon 6s... Marsellle 6s. Mexico 4s 04 asntd. Mexico 5s asnt Netherlands 6s 7 Nord 6348 ..euesns Norway 5%s Orient Dev deb 6 Paris-Ly-Med 6s Paris-Ly-Med 7s. Paris Orleans 7s. Rio Gr Do Sul 8s. Rome 6%s.... Sao Paulo 8s 1915 . Saxon (PW) 7s. Seine 7s 42 Serbs Crot Soissons 6s. . Sweden 5%s. Sweden 6s. Swiss 5155 1946... Swiss Confed 8s. Toho Elec Pow Ts. Utd Kingm 5%s 37. Yokohama 6s Ajax Rubber 8; Am AgriChem 7% Am Smit & R 1st s Am Smit & R 6 Am Sugar ref 6s. Am T & T cl tr 4s.. AmT&Tecltrb: AmT&Tsfbs.... AmT & T deb 5%s. Am Writing Pap Anaconda 1st 6s... Anaconda cv db 7s. AndesCop deb 7s 43 Armour&Co 4%s 39 Armour Del 5%s.. Associated Oil 6s.. Bell Tel Pa 5s B... Beth Steel 5338 53. Beth Steel 65 BklynUnion 5%: Bush T Bldg 55 60. Chile Copper 5s. Con Coal Md 1st s, ConGasNY 5%s.. Cuba Canecv 7s. Cuba Cane cv 8 Cuban Am Sug 8 Denver Gas 5s. Det Edison 5s 40 % EmplreG&F 7% Fisk Rubber 8s.... Goodrich 6%s Goodyear 5s rets. Goodyear 8s 1941. . Hershey 5%s. . Hoe & Co 6% Illinois Bell 1st Sl. Int Mer Marine 6s. Int Paper cv 6s.... Inter Paper fd 6s.. Int Tel&Teleg 4% Kan G & El 68 52.. Laclede G 5%s 52. Lorillard (P) 5s. Lorilard (P)-7s... LouisvG & E 58 52. Mid-Con 658 40 Midvale Steel 53 North Am Edis 5s. . Nor Ohio T & L 6s. Nor States Pow 5s. Pac Gas & El 5s. ... Pan-Amer Pete 65. Pan-Amer Pete 7s. PhilaCo5%s38... PhilaCorf6sA... Pierce-Arrow 8s Public Service 6s. . P Ser Gas 5%5 59. P Ser Gas 5%s 64. Punta Alegre 7s. .. Sinclair Oi1 6s..... Sinclair Oil 6%s. Sin Crude Oil 6s Sin Pipe Line 58 Skelly Oil 538 Standard Ol N J 58 ‘Tenn Elec Pow 6! Toledo Edn 1st 7s. USRubistrfis.. Utah Pow & Lt 58 Vertientes Sug 7s Westn Union 618 W Winchester A T3%s. Youngstn S&T 6s. . Atchison adj 4s.... Atchison gen 4s Atlantic C L cl 48 B & O Gold 4s B&Ocvik B&Orefbs..... B & O 552000 D. B&OS6s.. B&Orfimp 6 B & OSW 5s50. Bklyn Manhat 6: Canad North 6%s. . Canad Pac deb 4s. Can Pac 4%s46.... Cent Pac 1st 5s 90 Chesa Corp 5s wi, Ches & O cv 4158 Chi & Alton 3%s. Chi & Alt 3%s ctfs. Chi B & Q gen 4s 53 Ch! & E 111 gn §s 51 C M&StP 4s 25 cfs. CM&StP deb 4s cfs CM&StPevdys, CM&SPev4 ¥ s32cfs CM&StPrié%s. CM&SPrf 4%sct.. CM&SPcv bscfs 14 Chi & NW gen 4s... Chi NW 4%82037. . ChiITH&SESs... Chi Un Sta 43%s Chi & W Ind cn 4s. C&WI1bs6 CCC&StL6s CCC&StLrrésA. Clev Term bs. . Colo & Sou 4%s Cuba R R bs Del & Hud cv 5335, 2 103 10 108 10 103 10 21093 FOREIGN. . 18 101% STATES. n $1.000.) High Low ' Close 0120 10116 101 20 0012 10010 100 11 014 1013 1014 044 1042 1044 1092 1093 1412 11312 11412 Sales Hizh 54 99t 59 99% 20 100 Low. Close. 99% 99% 99% 99% 993 991y 21 99% 99% 99K 16 97% 9T 974 2 102% 102 102% 2 ot 100 100K 9 104% 104% 104% 107 107 105 105 114 114 109% 109% 103% 103% 100% 100% 92% 92% 96Y% 961 106% 106% 1015 101% 105% 1057 1024 102'% 10112 101% 108% 108Y% 98l 9844 102% 102% 107% 107% 111% 111% 1114 111% 107% 1077 96% 96% 100% 100% 105 105 107% 107% 115% 115% 1L 111% 97% 9T 106% 1067 104 104 97 97 4 !08"‘1 6 101% 2 105% 1 102% 7 101% 5 108'a 2 98% 2 102% 10 107% 5 111% 7 111% 1 107% 1 96% 3 100% 1105 49 107% 7 115% 34 111% 17 9% 3 mfl’a 9% 95% 9% 9% 100% 101 100% 100'% 100% 100% 21% 21% 32% 32% 106% 106'% 100% 100% 101% 101% 95% 4 S1% 11 100% 48 100% 5 21w 5 32% 1 106% 2 100% 5 101% THE EVENTING STAR. WASHINGTON, I NEW YORK BONDS STOCK EXCHANGE I Received by Private Wire Direct to The Star Office. Sales Hizh Low |Den& RioGends.. 1 920 920 D Rio G West 5s... 1 84t ! Erfe gends... 8% Erieconv 45 A. Erie conv 4s B. Erie conv 48 D. Erfe cvt 58 67 wi. Erie con ext 7s. Erle & Jersey 6s. FlaEC5s 4. Great North 51s. Gr Nor gen 7s..... Hud & Man ref 5s.. Hud & Man aj 58... 111 Cent ref 4s 111 Cent 4% s 61 Int Rapid Tran 5s Int Rap Tran 7s Int & G Nor 1st 6s. Kan City Term 4s.. Lake Shore 4s 28. . Leh Valcn 4% 03, Louis & Nash 7s... Man Ry 1st 90.. Market St 7s 40. Mil El Ry & L 5s 61 M & St L 1st rf s M St P & SSM 6148, MK & T 1st 45 K & T adj 5s M K&T pr In 552 Mo Paclfic gen 4s. Mo Pac5sF 77.... Nassau Ry 45 57. N Y Cen gen 33%s.. N Y Cent 4s 98 N Y Centri5s N Y Cent deb 6. NYCRI&StL 53sA . New Haven 31ps 54, New Hav deb 4s 57. N Hav&H clt 65 40. N Y Rys 6s A 6. . N Y State Ry 4 NY W& Bos 4 Nor Pac 3s 2047. Northern Pac 4s... Ore Short L rfs 4s. Pennsylania gen s b8 64. 101 104% 1011 181 101'% ROY 106% - Carm RO E L wT el C RSN —® ARG S AR PO aR0B6D 'S 111% 105% 4 1124 50% 86% 95% 8T 101% 103 % 101 98% 94% o Peoria & E inc 4s. Rio G West ¢l 4s, StLIM&SR&G4s StL&SFpl4sA StL&SF prinbs. & 14 96% 4 96% 2 102% 95% 954 96% 96% 102% 102% 102% 102% 103 108 105% 105% 98% 98% 106 106% 9% 9% 106 106 102% 102% 104% 104% 10 98% 2 106% 1 99 : 10 104% 10“& 104% 3 104% 104% 104% 1 104% 104'2 104% 6114 114 114 1 98w 98w 98| 2.8 717 77 2 105% 105 105 8 94% 94% 94% MISCELLANEOUS. 1107 107 107 4 103% 103% 103% 2 102% 102% 102% 1 108% 108% 108'% 2 104% 104% 104% 2 100 99% 100 8 105 104% 106 8 104% 104% 104% 11 108% 108% 108% 1 91% 91% 91% 11 104% 104% 104% 5 109% 109 109 7107 107 107 5 89% 89% 89% 9 904 89% 89% 3103 103 103 6 104% 104% 104% 3 101% 101 10T% 5 104% 104 104% 15 225% 225 - 225% 2 102% 102% 102% 11 95 94% 95 84 83% 834 106% 106% 106% 96% 96% 961 98% 98l 98% 108% 108% 108% 99% 99% 99% 103% 103% 103% 108% 108% 108% 87 87 87 105% 105% 105% 110% 110% 110% 118% 118 118 107% 107% 107% 94% 94% 94% 120% 120% 120% 103 102% 103 99 99 99 104% 104% 104% 100% 100% 100% 104% 104% 104% 104% 103% 104% 94% 94% 94% 106% 106% 106% 104% 104% 104% 96% 97% 9T% 118% 118% 118% 103 103 103 104% 104% 104% 100 99% 99% 109% 109% 109% 110% 110% 110% 100 99% 100 99% 99% 99% 102 102 102 103% 103% 108% 102% 102% 102% 105% 105% 105% 103% 103% 103% 104% 104% 104% 9% 9% 974 106% 106% 106% 105% 105% 105% 105% 105% 105% 107% 107% 107% 100% 100% 100% 96 95% 95% 100% 100% 100% 93% 93 93% 95% 95% 95% 103% 103% 103% 14 107% 107 107% 2 108% 108% 108'% 54 94% 94 94 8 105% 105% 105% 7109 108% 108% 5 100% 100 100 1100 100 100 8112 112 112 51 104% 103% 103% 3 102% 102% 102% 1 101% 101% 101% 3 106% 106% 106Y% 4 106 104% 105 ! 36 @ =3 30 POCICI 0N KL B I R BB (2 A SO O 19 300 RAILROAD. 89% 90 5 90 1 96Y% 97 104% 104% 104% 103% 103 103'% 111% 111% 111% 104% 104% 104% 9% 97 97 19 119 119 86% 86% 86% 49 99 99 1044% 104% 104% 98% 98% 8% 100% 100% 100% 631 63% 62% 621 96% 96% 90% 67 66'/: 5 % 04 100") 100% 100% 82 82 82 9% 94% 9% 1 98 98 98 1004 100 100% 2 8 89 89 105% 105% 105% 3 105 104% 105 102% 102% 102% 5105 105 105 99% 99% 99% 197 W8 W 3 141%H141% 141% 2% 2% San A & Arn P 4s.. Seab A Liref 4s. Seab A L adj 5s. Seab A L con 6s. SB All Fla 6s35A. . Sou Pac 4s 29. Sou Pacific ref 4s. Sou Ry gen 4s. Sou Ry 6s 586. . Southern Ry 6 Third Av ref 4s 60. Third Ave adj 5s. Union Pac 1st 4s... Union Pac 1st rf 4s Wabash 1st 5s. West Maryland ‘West Shore 4s 2361. COTTON HAS RALLY AFTER EARLY DROP Decline Checked by Pre-Holiday Covering—Weather Outlook Has Bullish Tinge. 1 © 124 © v {8088 BunnsNaaluativnalivany 97% 95% 104% 84% 89% By the Associated Press. NEW YORK, September 3.—The cotton market opened easy today at a decline of 18 to 24 points, December selling off to 22.55 and March to 22.75 under renewed liquidation, probably influenced by Liverpool cables and reports of further rains in Texas, The decline was soon checked by pre- holiday covering. The outlook for rather unsettled weather conditions in central and eastern belt sections also may have brought in buying. Prices soon rallied, December selling up to 22.68 and March to 22.90 before the end of the first hour, or within 10 points of yesterday's closing quota- tions. Private cables reported heds- ing With local and continental liquida- tion in Liverpool. Hllh Close. January . 00 S M 33 ) N Y.C ASSETS I.ARGEB NEW YORK, September 3 (#).— Total assets of the New York Central Railroad on June 30 were $1,515,634,- 075, compared with $1,471,041,549 the year before. Profit and loss surplus rose to $195,908,456 from $169,759,159. Current assets were $79,587,124 and current liabilities $56,328,960. POTATO MARKET STEADY. CHICAGO, September 3 (#).—Pota- toes—Receipts, 99 cars; on track, 142; total United States shipments, 689 cars; trading very slow, market steady; Wisconsin sacked Irish Cob- blers, 1.75a1.80; Minnesota sacked early Ohios, partly graded, 1.30al. 45 AT McCRORY SALES GAIN. NEW YORK, September 3 (#).— August sales of McCrory Stores rose to $3,062,723 from $2,505,701 in August last vear, and for the eight months of 1927 to $22,908,974 from $19,163,052, an increase of 19.5 per cent. TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Co.) ——""Clo pie—Maturly. a CHICAGO STOCK MARKET. By Special Leased Wire to The Star. CHICAGO, September 3.—Following is a report of today's sales, high, low and closing quotations on the Chicago Stock Exuhnngc: (s it h &5 0f & 1007 cCord AL 0 Miwent tis 14 105 Mer & Mt par bf Nu Midl L P 10 Midl U't Gs pr In. 260 Mid St Pr 200 N 20 Novadel com 300 Sangamo_com 100 Sears-Roebuck 150 Staw Warner "Total sales, 23.000. ‘BONDS 3000 Chl Bys Ser A bs 05 72 99% | & FOODSTUFFS CHEAP IN CENTER MARKET Dealers Surprised at Ab- sence of Blakistone Island Oysters as Season Opens. Failure of oystermen from the Potomac to appear at Munici- pal Fish Market with small “Jags” of oysters Thursday morning, opening ay of the 1927 oyster season, came a surprise to dealers. Year after v ovstermen from the vicinity of kistone Island were on hand the day of the season with small ntities of the fi catch of the n. There was only a light demand for bivalves reported Thursday and yes- ¢, it s stated, and there were enough on hand from Hamp- to meet it. Dealers reported the first arrivals to have been only in fair condition. They were shipped here in barrels and offered to the trade at $6 a barrel. It is predicted by dealers that the current season will be a good one. ast year’ season was the best in a number of years, it is stated, and this season promises to surpass that. wft crabs, plentiful last week, are hecoming scarce. The sea- for them will close ahout the of the app we of the first frost, crabbers s is hardly probably that th be very plentiful again this sea of $1 and $1.50 was quoted this morn- ing. lower son time Hard Crabs Plentiful. Hard crabs became more plentiful the past few da nd cheaper prices ruled. Dealers had plenty large crabs to offer at $5 a barrel, the cheapest price in ‘recent years, and consumers increased their demands. Crabmeat also continued plentiful this week, dealers offering it at the low price of 40 and 50 cents a pound. Fishermen, not having recovered from the effects of the terrific gale along the coast last week, were un- able to send in large shipments this week, and higher prices prevailed. Dealers the past few days received large shipments of jumping mullets from North Carolina waters and offered them at 15 cents a pound. “The jumping mullet,” commented a dealer, “is one of the best fish that can be obtained. Its meat is white and solid and contains much jodine that is conducive to good health.” Solomons Island netters are catch- ing some fine bluefish as well as other attractive species of marine products. The bluefish were in de- mand yesterday at 25 cents, a price quoted for flounders from Chesapeake Bay points, the latter fish having suddenly become scarce. Smaller receipts of croakers, trout and butterfish also resulted in higher prices for the, three varieties, dealers quoting them for the week end trade at 12% cents. Norfolk spots were quoted at 11 cents. Only a few Spanish mackerel ar- rived in the local market the past few days, and dealers quoted a price of 30 cents for them. Boston mack- erel, also not plentiful, brought 20 cents. Halibut in Good Supply. There was no scarcity of chicken halibut at 22 cents, the larger fish selling at 27. Fresh cod was plentiful t =0 cents, while haddock, the cheap- est fish offered during the week end, brought 8 cents. An exceptionally cheap vegetable market was reported this morning, prices of some of the vegetables being so low that dealers fail to realize how growers are making ends meet. Tomatoes are so plentiful and cheap that dealers are urging housewives to make an early start with catsup an® numerous relishes requiring the use of the popular vegetable. Half- bushel baskets of the choicest toma- toes have sold for a quarter the past few days. Peppers, another vegetable largely used in the preparation of relishes, have been so plentiful this week that dealers and growers were glad to sell supplies at any price. String beans also came in the class of exceptionally cheap vegetables, dealers offering bushel baskets at 50 and 75 cents. Bushel baskets of cabbage have been offered at 40 and 50 cents most of the week, whole barrels of the veg- etable selling as low as 75 cents and $1, scarcely enough to pay for the work of raising them, according to growers. Kale also has been plentiful and cheap during the week, selling as low as 50 cents a barrel. Corn and lima beans have been about the best paying crops of vege- tables this week. Both vegetables are always in good demand. This morn- ing dealers were asking 35 and 40 cents a dozen for corn, while lima beans were quoted at $2.50 and $3 a bushel in pods or 30 and 35 cents a quart shelled. Nearby Potatoes Preferred. Retailers and consumers prefer po- tatoes from nearby farms rather than those from distant points and willing- ly pay slightly advanced ptices for them. Prices were slightly advanced this week, potatoes that sold at $3.50 and $3.75 last week selling at $4 and $4.25 today. Cucumbers, very plentiful the past two or three wecks, were not so plen- tiful and cheap this morning, and the prices have increased from 50 and 60 cents to 75 cents and $1 a bushel. Other vegetables listed among those in demand at prevailing prices are onions, beets, carrots, eggplants, let- tuce and sweet potatoes. Watermelons and cantaloupes con- tinue plentiful, nearby stock being preferred to the melons shipped from distant places, Maryland and Vir- ginia melons sold as low as 15 cents for small stock to 40 cents for the large ones, Nearby growers are gathering their second crop of cantaloupes, the fruit being of good quality and selling at low prices. Some of them sold at $1 a crate of 24 cantaloupes this morn- ing. Mexican growers continue to supply the fruit to the local market, mostly pink meats, 8s, 9s and 12s, were quoted at 85 cents and $1. Liberal supplies of peaches continue to come from Maryland, Virginia and Delaware, prices covering a range of from $1.75 to $2.50 a bushel basket. Dealers believe they are about as cheap as they will be any time this season. Apple Reccipts Light. Light receipts of apples and pears have been reported the past few days. While there are a few nearby pears to be had. most of the supplies are from California. fancy boxed fruit selling at $2.50 and $2.75 for ripes and turning, while the green fruit brought $3 and §3.50. Not many good apples have been feceived from nearby farms this week, according to reports of dealers, and prices have ranged from $1 to $2_n bushel. Peaches from nearby farms offered the past few days were of exception- ally good quality and found ready sale at $1.75 and $2 a bushel. Fancy fruit packed in boxes sold at higher prices. Grapes are gradually becoming more plentiful and cheaper. A slow demand for both California and near- by stock is reported. Blackberries and huckleberries are not so plenti- ful and probably will not be on the market much longer. The demand is slow and market dull on eastern stock. A continued fir) butter and egg condition of the ;‘arkel is veported, | - SATURDAY. SEPTEMBER 3. 1927. NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office Following is the list of bonds and ‘S;L‘I_[‘l'l"" stocks traded in on the New York Curb Market today: INDUSTRIALS. Hig as Am Gas & El ptd Rayon Prod. Rolling M Superpow Superpow B. w0 Gas & El. . aterpil Tract ‘n. 38% Celaness C Am n 63 Celan C Am 1 pf 157 Celluloid_Co 11 Celotex. Co, % ¥ bi. 3 PEL Gi Coaraw B oo oh: 3 Gonsol” G Ralt . Tire 1 Ford Mot Co ‘can GFox Theaters A 1 Franke HI MI C iy o & Hellman R 3 Hellman 2 Holland T 1t ad Johnson. Melv Shoe 3 Mesabi_Tron 1 Motrg Chain B & 50 § et 5 & 80 St B Midl Sti Pro ... Mohawk Hud Po Val 29 o misistin Son o - o S e VB D S DT BB ED CRSSRTR =t FRRRSARSRESATE 3 AT CERE R g = FREE ¥ ow C. e Pow n... ) Boiler.. > ) e e g B0 DD AR A A DL e e o # B S R D ST S A B A B BB I S SRR R DD D b D A T gz oot ER U o = s oy eh Mot Tric vie foh R eonv pfd 4% SasuBe SRR FA R 2 238323 s Swon 9 S S SabmiomsanD o R R R P b e A PR e s PRAF FAF FR s Sn vte 68 BWes O & Sn atazo1” 1 MINING STOCKS. Explora, Globe ¢ Sales in hundreds. 7 Am 10 Ariz = G o GOl fu IR et ) = 03 Nnmuak Denn Tech Hughes. §ales in INDEPENDENT OIL STOCKS. hun, arib_Synd o o2 Sansosars i N Swedy) 920001 — ow = PR mp G & 88D 1 It O of Pa.. s .“l‘flfi:fi 5] z 9 - e PEEER 2! 3 2 Salt Ck_ Prod.. {d Osaze O N Venezuelan Prt 1 Woodiey Pet n. e asza xS R 28 S0 v 20& gU‘ 51 sanme SE3822% REER SRR R with only slight fluctuations in butter prices. Egg prices have materially ad- vanced, due to light receipts and con- tinued good demand. that the week's market will close with a top price of 40 or 41 cents for hennery stock. There has been no advance in the price of poultry this week. There were slight reductions reported, how- ever, receipts being fairly heavy. It is probable that many of the chickens received here the past few days were held back in anticipation of advanced prices for the Labor day market, but terialize. Meat prices remained practically stationary during the week. Increased short spell of cool weather, but the demand the past few days has been only normal. Buyers were out early this morn- ing getting supplies for the week end trade, buyers getting supplies enough to run them over Labor day. Prices this morning were substantially the same as those reported yesterday. Today’s Wholesale Prices, Butter—Fresh, 1-pound prints, 44a 16: tubs, 43a44; store packed, Eggs—Fresh, selected, 35a3 nery, 38a40; current receipts, 33a34. Poultry, alive—Turkeys, hens, 25; toms, 25; fowls, 22a23; Spring chick- ens, large, 28; medium, 26a27; small, 25; roosters, 15a16; ducks, 16; keats, young, 60a60; old, 3: Dressed—Turkeys, 38a40; Spring chickens, 30a35; capons, fancy, heavy, 39a40; smaller, 35; ducks, 25; keats, young, 80a90. Meats, fresh killed—Beef, 18a20; veal, 26a28; lambs, 28a30; fresh hams, 24a25; shoulders, 17a18; loin, 33a35; ;gwked hams, 26; smoked shoulders, hen- Live stock--Calves, choice, 15; me- dium, 12a13; thin, 8a9; Spring lambs. 13a13%. demands were reported during (hal”"“‘“ 8 "",';"' ": e BONDS, . 108 i TAIR Pow 0n Pack Rs s AN’ chaim e Mav 6 Alum Co Am 1001, dAm Gas & EI ta 1063 8Am Pow & Lt 64105 B Am Seating 0. . oL Avpal E1 Pow Ba v 7a.. 111% v dlok DRY, 5 n wi 0114 A n BOIL dep b N1 (A '»'% i ml s n'nl 104 5 ons Tex ” C b Sidany 8% et. City G By Det Tutl 66 L 108, s A 100 7% Mortis & Co 7%s 0814 P& L 68 A103% b3 Uies AL0L% “ons Cap b i 6lon Ml 014 § R sus 01000 P & L 58 913 t Po 5%s A 08% Sales in FOREIGN BONDS. thouranda 1 Adriatic_ Elec 7s den 78 2 A Te 57 oan 8 Buengs Atr "7 45100 Bod's dak "1 % 48 Eonennagen 53.% D31 4 Danisn Con Blia 003 3 Denmark 818 .. 102 29 Ger Con M 20 o Batmeisa Dl AR B uss G cf 5las n He = COTTON USE HEAVIER. NEW YORK, September 3 (#).— World consumption of American cot- ton the season ended July 31 is placed at 15,777,000 bales by the International Spinners’ Federation, against 13,730,- 000 bales in the previous season. World stocks of all cottons totaled 5,341,000 bales, against 4,298,000 last year, including linters. . DIVIDENDS. Pe. P Company Rate. riod. ap Al';) Bal ‘K N 50¢ Oct s Colll)l;al Alloy Sweli erics g o Ao Sep 10 Sep 15 ping pf. ory heum Circuit pf. om Steel pr’ pt. Spicer Mfg b bl FOREIGN EXCHANGE. (Quctations furnished by W. B. Hibbs & Co.) Nominal Selling ehiecks wold value, today. London. pound. $«nuu5 $4.86% Montrea). " dollar. is _ franc Stocknoim. FEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sons. Closing.) Rato—Maturity. Bid. Ask i s May 1041 e ATs "“ e :aq:a::;: FADRS Lo S&2 7. 100% 100% SHORT-TERM SECURITIES. (Revorted by J. & W. Seligman & Co.) TN "’*oner e e e e SR SBARRRB S RDbb b i B bbb o S Am, Tel. & Tel. Co. 43 1030, Ameérican Thread Co. 65 19 Anaconda ‘Copper 65 192 Associated Oi Baltimore & Batavian Pet, It is probable 8‘ the anticipated advance did not ma- |3 0015 100 % R 3L nion Pac R o l'mlnd kl" S 8 Seitine cor tliye Winnatine Steat - Bigm 1018 New York Stock and Bond Averages. SATURDAY, SEPTEMBER 3. 108 1008 STO(‘RS Total 96,1 Twenty lmlllllrl o averuned 136.50; ain 1027, 176.50; low, 141.23. ,’l“:vlnnlyaul‘mldl ‘averaxed 17.i%: 't s s "i0%7, 140.56: low, 125.58. BONDS. Total bond sales (var value), 84, Tén first-grade ralls averaxed 00.11; s necondary ralls averaged 07.53: ?u\fl!ululllllln averaged 96.93; averazed 101.07; verage, 08.06: net galn, oy, MORth axOL net & net Tons, oSombin ined mbis average, 07811 year ago. 05.% || of farms for sale, with buyers few and FINANCIAL™ BULLS HOLD GRIP INCURB DEALINGS Utilities Stand Oul Strongly as Group—Specialty Fea- tures Move Forward. ] | BY WILLIAM F. HEFFERNAN. | Special Dispatch to The Star. | IW YORK, September 3.—As the | week drew to a close on the Curb Ex- change, operations for the rise were well maintained. This was all the more notewc v because of the ap- proaching two and a half days’ sus- pension of business. Ordinarily it might have been expected that an ex- tended week-end would bring out con- siderable realizing, especially in view of the advance which had occurred in the main body of stocks on previous days. Public utilities stood out strongly as a group. Although the pric preciation in most instances w pronounced, the buying appeared to | he of special character. The earpings | situation and the prospect of expand- ing operations by the more important units of the industry were the main for the demand for this L stocks. It was not so much the high-priced shares, firmly estab- lished on a dividend basis, that at- tracted attention. On the contrary, the demand cen- tered in the low-priced issues where current levels afforded ample oppor- tunity to discount the favorable out- look for the utility companis Power, Electric Investors, ern Power and Philadelphia were the favorites. United € provement, however, maintained its place of prominence in the high priced category and went into new high ground for a gain of almost 3 points. The specialty features which had absorbed most attention early in the week” continued to move upward, with the result that Newmont Mining, up almost 3 points at 104; Gillette Safety Razor, up almost 2 points across 96, and Celanez Corporation, up over 2 points at 9315, established new high recnrds Bancitaly, which sold ex the 40 per cent stock dividend Friday, was bid up from 913 tq around 94. The announcement of the proposed capital increase in U. S. Freight was followed by a brief period of selling, but the price was well maintained around 98. ‘The spectacular Kamsely-Mil- bourne 6 per cent bonds, offered for public subscription at 9914, held close to their recent high, but because of the unusual price appreciation there was a disposition to take down profits. At the same time the common stock changed hands fractionally above 13.; FARM REALTY VALUES CONTINUE IN TUMBLE Farm real estate values continued to tumble during the crop year just ended, marking a continual deprecia- tion during the past seven years, the Department of Agriculture reported vesterday, adding that there are plenty cautious. Present values are about at the level of 1917 values, being placed at 110 per cent of the pre-war level, whiie 1920 values were 169 per cent, about the pre-war figure. The de- cline in the last year was not to be wholly unexpected, according to the department, on account of the market decrease during the year in the price of certain of our major farm products, the sharp drop in farmers’ incomes, and a generally inactive farm real estate market. The South Atlantic States showed the largest decline, being 137 com- pared with 148 in 1926, and 198 in 20. CHICAGO LIVE STOCK MARKET CHICAGO, IIl, September 3 (&), United States Department of Agricul- ture—Hogs—Receipts, 2,500 head; only tew loads of good hogs; market steady to 10 cents higher, advance on weights, 250 pounds up; top, 11.40 paid for choice 180 to 190 pound averages; few sales 180 to 200 pounds, 11.25a11.46; 250 to 3. pounds, 10.15a11.00. Few sows, 8.75a9. heavies down to 8.50 and under; practically no pigs offered: estimated holdover, 3,000. Cattle—Receipts, 400 head; compared week ago, better grades fed steers and stockers and feeders, strong to 25 higher; lower grades of natives com- ing in competition with Western grassers and Western range steers, lower. She stock, steady to strong: bulls, 25 lower; vealers, 50 to 1.0 higher; calves, 1.00 or more lower; best fed steers on long yearlings order, 14.80; heavies, 14.65; light heifer yearlings, range steers, 12.0 bulk fed steer: 6.50a7.55; 14.50a15.00. Sheep—Receipts, 1,000 head; prac- tically none on sale today; for week 197 doubles’ from feeding stations: 3.200 direct; fat lambs closing 45 to 50 | hlgher sorting, less drastic; sheep fully 25 lower. Week's top prices: Fat range lambs, 13.85; native lambs, 13.75; fat ewes, 6.50; fat yearling wethers, 11.00; range feeding lambs, 14.0 Bulk prices: Fat range lambs, 13.25a13.85; natives, 13.00a13. culls, 9.00a9.50; clipped lambs, 12.25a12.50. heifers, 7.00a9.00; vealers, August shipments of Prairle Pipe Line Co. totaled $5,786,822 barrels, a drop of 1,311,200 barrels from July. Mortgage Money Loaned at Low Interest Rates Economic_ Conditions Tyler & Rutherford Loan Correspondent Mutual Benefit Life 1520 K Street Main 475 Money to Loan Secured by firet deed of trust on real estate Prevailing interest and commission J9aeph L. Weller 430 e In Nearby Vlrzim- Insurance Co. Commonwealth Investment Co. Real Estate Insurance Money to Loan First and Second Trust Notes Chamberlin Const. Co., Inc. Main 6317 212 Colorado Bldg. Crompt A Flnt Mortgage Loans T.owest Rates of Interest and Commission Thoas J. Fisher & Company, Inc. REAL ESTATE LOANS 52 % FRED T. NESBIT 1010 Vermont Av Main 9392 WE FINANCE —all income-producing oroverty. Large Loans a Specialty Current int rate and commission. Higbie & Richardson, Inc. 816 15th §t. N.W. FIRST DEED OF TRUST NOTES On Hand Bearing 613 Per Cent and 7 Per Cent Interest In Amounts of $250.00 Up See WELCH, Realtor 15th St and New York Ave. Uiimhed ‘1599, No lows foun Investor 10 27 years. 6727, First Deed of Trust Notes for Sale Secured by Improved Real Estate in the District of Columbia Principal and Interest GUARANTEED REAL ESTATE MORTGAGE & GUARANTY CORPORATION Main 1403 26 Jackson Place Resources Over $4,000,000 L. E. Brevninger, President We Have Ample Supply of Money to Loan —on Real Estate, lo- cated in the District of Columbia and vi- cinity. Lowest Interest and Com- mission. Prompt Answers. THE COMMERCIAL NATIONAL COMPANY Inc. Paid Up Cash Capital, $700,000 Commercial National Bank Bldg. 14th and G Sts. When You Need a Loan Think of Welch, Realtor LOAN SPECIALIST Money to Loan At 51,% & 6% Interest Before Placing or Renewing Your 1st or 2d Trust GET WELCH'S FIGURES Reasonable Charges (No Extras) 15th & N. Y. AVE. MAIN 4346-3347 First Mortgage Loans Applications Invited at 5% On Improved Property Construction Loans at Minimum Rates Glover & Flather 1508 H St. N.W. First Mortgage Securities —meet all require- ments for a conserv- ative, remunerative il nlanta medium of investment. J | Assured Annual Return Mortgage Investment Dept. HANNON_& LUCHY)] 1435 K Street NW. Main 2345 Loans 017 15th St. NNW Phone Main 2623 6% Mortgage Notes iy 1433 K St. N.W. 100000000000000000000000000000000000000000000000000« Consult Us —for safe investment of our surplus funds. Look to the future by investing NOW. Wm. H. Saunders Co., Inc. Founded 1887 We have speclalized In the sale of such securities for 40 years. Main 1016 19000000000000000000000000000060000000000000000000~-