Evening Star Newspaper, September 14, 1927, Page 16

16 * EXCHANGE BODY 0 MEET TUESDAY E. E. Thompson to Attend| Philadelphia Session of As- sociated Stock Organization. | The board of governors of sociated Stock Exchanges, comprising Washington, Baltimore, Cleveland. | Cincinnati, Columbus, Hartf New | Orleans, Philadelphia, Pittsburgh and St. Louis, will hold important s | in Philadelphin next Tuesc Wednesday. The local exchan be represented by Eugene E. p #on, chairman of the board of gov-| ernors and also a member of the same board in the n: body The chief matters to be discussed are committee ports on taxation, | membership, annual meeting program publicity, revision and amendments to | the constitution and by-laws, and| listing requirements. The matter of increasing listings upon member changes, stimulatir business i EL ities, tion of new 1es and the pu of current tion regard ed sceur also come discussion. Greater Safety for Investors, One of the chief aims the ganization, which is only about years of requirements ¢ investors will or bond in the on its merits. investor >t full informatic eventus will be able to g garding any issue on anoth | change. | Ralph W. Simonds of Detroit is president of the « zation, Clark W. Wickey of the same ci secretary and treasurcr. The Wash ington Exchange was one of the first nization. On ion the visit guests of the to help perfect the o the first day of the ses ors will be luncheon Philadelphia Exchange, The second annual convention will be held in Cincinnati on November 7 and 8. It will be attended by a rep- resentative of every member e change. Many stock brokers also w sttend, as a recent change in the Ly- | laws gives them the right to become | associate members. The governors | have just published a guide for listin committees which is availabie at cach exchan New Banking Committees N; The monthly bulletin of the D) Association indicate W. Spaid has three new committees to the med. trict | that added cia tion's permanent groups. They are in charge of the following members Life insurance trust development by banks — Howard Moran, chairman; Harry V. Haynes, John Poole, Fra Stetson. Early closing —Joshua Evans, jr., chairman; C. C. Lamborp, L. E. Schreiner,” J. Frank White, B.. A Bowle: Clearing of collections and other ftems not handled by the Washington elearing house — F. G. Addiso! chairman; Howard Moran, C. F. Jac- obsen. Urges Trade Board Gasoline Probe. | Charging Standard Oil of New Je sey controls to a considerable decree market price of gasoline, in so far as dealers are concerned, Gov. Byrd of Virginia has, made public a letter he has written to President Coolidge, in which he urges a report from the Fed- eral Trade Commission, which was in- structed to investizate the gasoline situation 18 months ago. Discussion of gasoline prices, which was instigated and held by wv. Byrd at a meeting at Richmond, failed com- pletely after about .two hours of wrangling. Representatives - of oil companies asserted the governor was basing his argument on a false pre- mise. The governor presented lett from executives of nearly 30 States, which showed in these States gasoline Pprices range from 1 to 7 cents a gal lon cheaper than in Virginia. | Land Bank Heads Meet Here. | Presidents of the 12 Federal Land | 12 Banks in session with the Farm Loan | Eocard here report that agricultural | conditions over the couniry, as a whole, are improving. Reports from | the South indicate an increase in net returns from the cotton crop and | wheat in some sections of the West will go farther than last yvear in help ing put the farmer back on his feet. | Their reports also state that the | corn shortage will be considerably off. ®et by increased prices. The bank of- ficials note a better demand for farms on which the land banks have fore- closed in the past several yecars. The conference will be con late this afternoon. Local Market Strong. Washington Railway & Elec ferred came to the front in today on the local exchange, opening at 921 and closing with a 100-share sale at 94, a new peak for the vear. The day’s sales reached 170 shares. wave of buying in local | continued, led by Continer This stock opened at 127 at 129, another 1927 high mark ain of 4 points over the last ast week. The turnover toda shares. American W top price, | and 5 F 1l also reached a 1 10' shares changing hands American_ Secu & out at 465, scor record for this stock. National _sold a bank stock tradis National opening & 505 on a two-share at 500 on 10 Mergenthaler wa at 1103 and closing at amounting to 47 old - 4 and preferred 53, per cent shares brought 1. Bonds w © quiet, but firm, Mrs. Minar Guest of Honor. Mrs. I il he a guest of honor the an- nual dinne on bank | women com mittee, Amer- | ic it the Women's ( Mrs. Min woman res inzton, a_bank of the' Vi directc is spri President al-American Nat the ventior however, exhibit. A large attendance w today bankers' lunchcon lard, as all the office tion are now hc cations, The Acacia Mutual Life Associa tion's outing yvesterday at the Manor Club was a complete success, swim- ming, tennis and golf being the features. J. A. W. Iglehart & Co. will offer tomorrow A new issue of §750.000 Security Bond & Mo e Co. first mortgage 6 per cent collateral trust #old honds, to be known as series “I, at 100, to yicld 6 per cent. BUYS PACKING PLANTS. NEW YORK September 14 (#).— Sterling - Packing Co., controlled by the California Packing Co., has ac quired the fruit and veg, of the Virden Packing Co. able plants Following fs the list of honds and S York stocks traded i on the New Curb Market today: INDUSTRIALS, o, 1Aero Sup Mt B. 4 vt ion_ St 10 Dubilier C & R 1% 16 Durant Mot .... 115 IBusiCo A /B Duz Co A vte.l El Bl & Sh pfd 1 Bd & Sh n Co PEESER W ¢ Libbey Ow_Sh G112 3 Tong Isl Lt pf. 1 2 MacAn & F € n Ifaenm & Co... 5 Cop vis Bottlin Call C W s Mid W e Cent n Sierch n pf Tel Co nid 0 Pow € ates P C A i Penn Wi 11 Peon T 35 Phila 115 Dittsh % Pow ( 5 P 1P, BPuz SP & L. 1 Puz S P&EL v ] 31 Real Assn Bklvn n Arms. 1 Mot . 31T Ren Mot Trk' v 3% Richman . Con Oilfids, ntercontl Pet .. eonard_O1l s e Star G u DI fazdal Synd . 5 THE EVENING STAR, WASHINGTON; D. C., WEDNESDAY, L0SS INSURANCE TOREACH BILLION Huge Sum to Bulwark Na- tion’s Business Against the “Invisible Items.” NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office 2 Pandem 1 Pantepec Oil 11 Retter Foster Oil. 7 Venezue | salesin { units 100 Al Lol 0 Borne 0 Buckey 100 Chesebr 1700 Contl O 50 Cumber 100 Gal Sig 5,30 o0 111 1100 Imp_ O ) Ind P L orther 400 Prairie 330 Prairie Am Am R Am Se 13 Am Th 1 Anacond Ra Ro 30 Bell T 10 Bos & 69 CM&SP 1 Chi Ry 60 Cit Serv 56 Dot Tnt 10 El Refr 4 Nichols 17 No 1 No Sta 9Xo S P 31 Ohio Po: 1 0hio Po Ri 1P 4 Phillips Porto R Potomac Po Cor 7 Pu Oil ( 1 Solv > Sou ‘Ga 2 Southe d T i 11 Sun 8 Sw nscor 1 Ui Dru 1 Tni USSR R R R R st P F o A A A B: 10 1 8T 1D 2 Buen A @ Tuen A 44 Buen 2 Buen Al > Buenos ipur & 26 Copen; 3 aden v nes 1 ni Stl viden, (Reported Ame Nor Ches. & Ohio Rwy Chi." Mil, St, | chi R, 1. & Del” & Hudson Edicon EL III. rio ot it Hershey Choc, Humblas Ol & assachusetts Tel Sou. Pac | Std.” 0il of Std. 0l of 1StL. 1 Swift & Co Tmion Oil of Tnion Pac. R 1S Rubber U Wheeling R. St | GERMAN NEW YO (Quoted Ger Gt (war | rg 4% Elee. an Prussian Cons Krupn 5e 19 | Dusseldort 4% rankfort a-M Deutsche Ban Darmstaed Mercur Bank Heyden Chem Austrian A E Reconstru Croydon next year. Serym 0’ Humble 01l & R 633 P L . 300 South Penn 0 'n 5 Eitinzon In Pu S 5s O ark & Tilford 63 4Phi E P 5 11a Ran 1 Phila Subu 4148, Pure 011 5 Shubert Th 5 Sinclair Con s D 11 Snider Pack 8s. . 1( ¢ Am Bs o Cal Ed 5s '51 100 won &1 SONY Sun Mad R6%& Oil Bige it & P &L R Hav 7% S & es Chl 5,8 Eag O&R 57 driatic Elee & M Bk M Bk Prussi Bor C E 6l4s ishano Alum. Co. of Amer. Tei, & Tel. € Ry, di)s 1 Rwy. 4%s 1 Rwy. Co. 7 en. Motore Ac. Goodvear T. & R. ha 1028 S Smelting Co. ner’ Ling Dresdner Bank r B 0il . 2 2 214, o e 19, 1(4»“ 190, on, cee 4 fl‘s (3 281y 281 . & Fan Pet 5% 5% STANDARD OIL ISSUES. h08 1Yy PL . %h Mfi. 109 il n . land PL n 90 0il - 1618 of Can'n niE L 0&G 0’1 P L .. 185 180 Ind ... 1008 0 Ky 11100 1008 0 Neb n L 100 Swan” & Finch.. 16% 200 Vacuum Oil ... 128% Salos BONDS, i thougands, 6 Allis Chalmers Ba 991 5 Alum Co Am 58 100k 13 Am Pw & Lt 651051 11 Am Pow & Lt 6310 d 4 Tos. . VR 105 10 A B, Me 63 M1 € wi Tks ©OD 4 C Bs 14 nwi 07 1018 Dany 505 i tl n Sk 12 B8 100% 5 Gen Tee Cre G181 " 130 TGen Tnvest 5 A 1343 131% 144y on Pet G5 101 101 7 101 reia Pow R 97T W% TER e 2810015 100 * 100 nd_Tnk 6151091 1001 1001 1Gulf Ol P 5s 147 10014 10014 1001 11 Gulf Oil P 5s "47 10014 100 * 100 ZGult St Ut Ba A 263 5Ind 0 & G B8, 9814 19 mdi P& I, b A 1Interna P S 7s 7 Interstate Pw. A3 Interstate Pw 65 071 071 Tnves B & S 58 A 100 * 100 | 100 a7 Kens Mil 0% 91, | 46 Koon G & C 17 Lehigh Pow fis 4 i Lib MeN & L 78 28 Lone Star Gas bs 1 Manito P Ao A S NAr Bns Ein Sh 68 1043 91, P 615210410 M 618 C 1203 w 41w D Fd Ba. 1007 98 & Pet 518 ic Tob 08 A 98 JII}g 68102 s.. 107 L. 1043 a8 14 BT EN 5. 1001, Bs. 978 nt Oil 7s. 111 2 Co 6. 3 6ls €o 111 6148 123 101 6105 '35 10114 Gils R 574810315 Ml 6is 061, Slig 083} 37101 % 48 061, OREIGN BONDS. 78 R s Rk 7s Prt B 78 78 ir ir ir ir Air 7 Wair 1031 o931t Ger Con Mun %8101 1015 10015 famburg St 68 07% 070 9T 2 Hun Con Mun 78101 101 ° 101 1Tnd M B Find 71007% 1007 100% 171 PRI L 5. 78 87 7 1 TYa110% 19915 1991 22 Lombard E 75 A 08 "0514 053 4 Mendo 7i4s UBL 07 07 7 MeridionEl' 78 A 7 Montevideo 6s A 031y 15Mor Bk Bo 7s 9534 5Mor BK Chile 63 97% 071, 4Mor B Denm 68 1003 10034 3 Muni Medellin 78 01 94 1 6s B108 108 p .. 100 00 21 > wi 9415 911 T Y 2614 9614 Rus Govt Hlgn 1813 181 TLRu Go of BYsn 181 oo Bues Gov disn FRU Go 6%e n ef 183 Fo City s 0% 99 9 ;’h 814 H erv 78 A 100 75 A ww WelhsA d. SHORT-TERM SECURITIES, by J. & W. Seligman & Co.) Bid Offer. 53 1952. 1007 100% 4s 1 993 100 American Thread Co. s 1 3 102w Araconda Copper G4 1929 3 1033, Associated Ol 6a 19 £ Balto. & Ohio 63 1 ian Pet, Cor. 4358 1945 925 Corp.” 51y 1038 5 Pal P41 n Rws Bos Cor. 681 3 58 1940 . 101 h 0o, 53 19%9 100% Co. B3 1hi0 105 0. Bls 2 14 Yew 1033, "y G Calif R Tlhs Co. B 10034 BONDS AND STOCKS. | By Special Leased Wire to The Star. RK, September 14. dollars per million marks.) Bid " Asiced. ) Bs 1014-18 823.00 81500 $1019....... 60.00 75.00 dollars per thousand marks.) ) ry '-1;4.\2. TN n Liovd 475 pre-war M s pre-w i BULLS ROUT BEARS INGURB DEALINGS Rise Aggressive in Special- ties, Oils, Utilities and Min- ing Shares Today. BY WILLIAM F. HEFFERNAN, Special Dispatch to The Star. NEW YORK, September 14.—In- Qustrial specialties, public utilities, oils and mining shares on the Curh Market took their cue from the action of related issues on the Stock Exchange today. Operations for the rise were carried on aggressively in all groups. If there had been any thought that the campalgn for higher prices had overdiscounted conditions in the money situation and in industrial activity, it was not reflected in the manner in which the main body of stocks responded to the continued de- mand. Notwithstanding the advance that already has occurred in Bancitaly shares followlng the recent stock divi- were carried high ground declaration, they up sharply into new under the present share capitaliza- tion. Concerning the future dividend policy, it is understood directors have left this question to, be determined by the president of the company and that announcement along this line will be forthcoming shortly. Current_activity and strength of Gillette Safety Razor was accom- panied by the report that application is to be made to list the shares on the Stock Exchange. The shares at present have a market in Boston and London as well as on the curb. General Fireproof common was hid up 8 points to a new top at 90. Re- ports that earnings have been running at a rate to justify dividends larger than the present $5 annually was a factor in the speculative calculations. New York Central new sold at the highest since trading started in the issue move sympathetically with the old shares on the big hoard. New Haven new preferred gained a point at one time and Pittsburgh & Lake Erie shared in the improvement. Shares of companies engaged in the rayon and related industries stood out strongly, with Celanez first preferred up 2 points to a new top. Celluloid new gained a like amount to its best. High-priced specialties were featured by an upturn of almost 10 points in tealty Associates when it changed hands at 313. Because of the small floating supply it was not a difficult matter to bid the price up sl There was a aoticeable scarcity of offerings when the demand increased for leading pubhc utilities. American Light & Traction led the group, with American Gas & Electric following. Northern Ohio Power reached its hest figure at 1512 and Lehigh Power was #rominent among lower-priced issues. dend Washington Stock Exchange SALES Pot. Elec. pfd. 5ls—5 at 102%, iy Wach, Lt.—10 at 77%. Wash, R. & B. pfd—10 ai 9214, 10 923,710 ‘ai B250, 10 at 92 10 “at 93,10 at’{ Com'l Navl Bl Fed.-Amer N Amer. Sec. & Tr. Continental Tr. Co——15 5 av 127,10 at 127%. 128,10 at 128 Mergenthalor Lin—10 at 11014, 110%. 7 at 110%. 10 at 110%. AFTER CALL " Com'] Nat'l Bk Cap. Traction 5 Wash. Gas (s B 4 {afontiiiental Trust © io0 at “Rizge Nat'l Bank—10 at 506, 2 at 503, 10 at 500. Money—Call loans. 5 and 6 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. 5 at ot 5 a At 10 at 92%. 94. 20 at Ana, & Poi zuar. & P. Telephon & P Tel. of Camital Tractio b Georgetown Patomac Potomac Potomae Eloc, 18 1953, Wash.. Alex. & Mt. Vernon 5s Wash” Alex. & Mt. V. ctfs.. ash. Balt’ & Aninap, 5s... Washington st Wash. Gas Os. series A Wash. Gas Ga, Wash. Rwy. & Elec. Bid, Asked: Amer. Tel, & Telgn. 48.... 997% ..... Amer, Tel" & Telga. 435401 Am. Tel, & Tel. ctl - acostia & Pot. R. R : e cans ax Wash Rwy. & Elec, gea. MISCELLANEOUS. Barber & Ross Inc. Chestnut Farms 1 Cheyy, Chase_ Club D.'C.’Paper Mfg. 0s. Pot. Jomnt Stle." L'd BE.' b Southern Blde. Glss. .. G155 ry 6 Wash. Market 5 1038, 10 Wardman Park Hotel 5%3. . STOCKS. PUALIC UTILITY. Amer. Tel. & Telga. Capital Traction. ... Wachington Gas . .00 0] Norfolk & Wash ‘Stoamboat. i Potomac Elec. pfd. 51 Potomar ‘Elec, nf Wash. Rwy. & Elec. com. ). 280 Wash. Rwy, & Elec. pfd.. . NATIONAL BANK. National Capital lumbia Commercial Disteiot coa it Ll Farmers & Mechanics’ Federal-American . LiDETWY oovvovne Lincoln ; Nat'l Metropolitan Rigks .. : Second seas Nat. Bani of Was TRUST COMPA: American Security & Trust. Continental Trust Merchants' Bank. . National ‘Saving. Tnion Trust.. . Wash. Loan & Trust.. ... SAVINGS BANK. Bank of Bethes Commerce & S East Washingto Potomac .. rity Savin, g & Com. American Corcoran Firemen's National MISCELLANE Rarber & Ross. Ine.. com... Chevy Chase Dairy pfd.... .. Commercial National Co. bfd D.C. Paper nfd. 0 torage pfd... o M s Tran. & Merchants® Tran. & Stol Mergenthaler. Tinotype Dl ovles Drise Stores vid Peo & Medical Blde.... . ard_ & Lothrop pid. " B8 " led. . FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal Selling checks wold vl today London, pound. ntreal. dollar franc. . Brussels, franc Berlin, mark R lira. ", Zurich, franc. Athens. drachma Madrid. peseta Vicnna, crown Budapest _crg Prague. crown saw. zloty Covenhagen. Oslo, erow. Stockholm, ¢ 100001474 00014 15 56.00 v 70 90 TN B 00 G (Gen'Eiec), ~ 87% 1.00 ction of the air port at ngland, will be completed 4 TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Co.) == NGOl s Bid. n Dec. 18 1027... 100 19045 100 g Mar. 18, 192811 100 2:33 100 4 Mar, 18, 1932.. 100 100233 more in_los: mote safety does not tak | health mes by State represents o prporations arg mostly visible item: sum will sa Bu. ticians es ing crimes. The study of ountry due Fire proximately losses a to nual show which 000. The 007 per cen The fire Nation, er progress 000.000. embe: mount to in losses. from crime some idea prevention devote ing each ye lack As which the m ventive ance ture of bu and casualt insurance is ince men sa lem is a que inf; actuar b osition. nd a goc sured ag latter, and chance to d would win t So often methods to BY J. C. ROYL] Special Dispatch to The Star. NEW YORK, September 14.—THhis is a billion-dollar to the late “Uncle Joe” Cannon, and business is going to spend over a bil- lion dollars in 1927 to keep it so. That means it is going to spend a billion or men imate the saving is at least 10 times the investment in prevent- disense, the It is not p and accident, but the crime accounts for § combined The need for crime prevention shown by the figures losses each vear. and credit frauds account for $1,265,- Robberies, zzlements and of effec but is due to the tional wealth, is natural, campaign Fire insu o 1l science put it on a busines is, it was largel; The insur country, according prevention and to pro- and health. This figure e in the amounts spent in sures and crime prevention or loeal governments, but only the expenditures of either direct or thrdugh organizations formed for the purpose. The yields from this investment t are known as “in- but there is no doubt wh that the expenditure of such a huge ve a far greater amount. and insurance statis- fires and )se who have made a deep annual losses of the to preventable causes say accidents, the estimate is not unreasonable. and Crime Losses. ssible to state even ap- the losses due to sickness oximate an- and crimes 90,000,000, of £2,040,000,- total represents t of the total hank clear- from fires tal of §: ings of the country for the year. losses are cent of the combu This indicates clearly that fire prevention has made far great- only .001 per tible wealth of the than erime prevention. is egregating the Stock, merchandise thefts, hold-ups, insurance frauds 1,000,000, For- about $5 geries and alterations of checks and negotiable paper cause $200,000,000 The fact that the percentage of loss causes is so low gives of the effectiveness of methods and explains why business men do not hesitate to huge Nevertheless, losses have been grow- sums to this purpose. Thi vene is not through in prevention, apid increase in na: the foundation on win structure of the pres is’ built is insur- ince has been a fea- life for generations and crime prevention growing rapidly. Insur- v the solving of the prob- on of education. 1ess d Protective Walls, n v of insurance, hefore a sporting prop- r, for a premium one—het the in- t hazard of loss to the then blithely left it to ecide whether or not he he bet. were the insurers called hd st on to pay that they began to supple- ment: the vi agaries of fortune with reduce their chances of SEPTEMBER 14, 1927T: | He did not suggest EVERYMAN’S INVESTMENTS BY GEORGE T. HUGHES. Another Gary Axiom. Another clause in the will of Judge Gary 1is deserving of particular con- sideration by every investor. The judge tells his heirs that “they should reject any representations or opinions of others if involved in any doubt. They will be approached frequently with suggestigps for investment that are not entitled to be relied upon from business standpoint.” Now Judge Gary’s will did not state the total value of the estate, but it is safe to say that it was larger than that of any one who i3 likely to read this article. Trust funds of $800,000 each were established for his daughters. One would imagine that the heirs to such a fortune would be well able to protect themselves. They of all would be least apt to take chances in invest- ment matters, but the judge does not seem:to have reasoned that way. It is not so many ‘years ago that a head of another one of America’s great industrial corporations left the admonition in his will to hjs heirs not to try for more than -5 per cent on their” investments. - Anything more than this involved risk, this man warned. Now if the families to whom such sreat wealth comes are in need of advice of this kind, how much more should it be heeded by those who have only small means, .the loss of which would mean disaster. Moreover, the men . who. gave - this advice of con- servatism were well acquainted with the opportunities for making money and just as well acquainted with the chances of losing it. Judge Gary emphasized the neces- sity of caution in accepting the opin- ions of others on investment matters, hose advice on these subjects he would be willing to have taken and it is difficult to sup- plement his words on this point. About all we can say is that the investment adviser to listen to is the PRICES ARE STEADY INLOCAL MARKET Wholesalers Report -Some Vegetables Are Lower, but Most Foods Are Unchanged. ‘Wholesale market price quotations remain the same generally today as they weré vesterday, \.ith a slight tendency toward still further decreases in vegetables and a very small de- crease In a gouple of grades of pork. Carrots are selling from 50 to 75 cents a bushel, which, according to market dealers, is less than half of the normal price for this time of the vear. Green peppers, usually $1.00 a bushel are selling at 75 cents a bushel. Shelled lima beans continue to sell af | from 15 to 20 cents a quart; old style | spinach, 50 cents a crate; New Zeal and spinach, 25 cents a crate: good to. matoes, 25 to 75 cents a bushel: lima beans in the pod, from $1.00 to §1.50 a bushel; apples, $1.00 and $1 s bushel: string beans, 50 and 75 cents a bushel; eggplant, 50 cents a crate, and radishes, $1.00 a hundred bunches, Pork loin, quotéd yesterday at 3 and 36, is selling today at 34a35, while | swoked hams, quoted vesterday as selling generally at 26 cents a pound, are going today at 25a26. Eggs remain the same, with the e ception of current receipts, going t day at 36a37 in place of 35236 as ye terday. Today's Wholesale Prices. Other prices are quoted as follow Fresh butter, one pound prints, 461 a47; tubs, 45a46; store-packed, 28a30. | Eggs—Fresh, selected, 38a39; hen- nery, 40a42 Poultry, alive—Turkeys, hens, 30; toms, hens, small to medium, 23a one who has won the title of expert by years of experfence. This cuts out at once all the ‘well-meaning rela- tives or friends who have no other qualification - than their relationship or friendship. 2 .. RUBBER ADVANCES, NEW YORK, September 14 (Spe- cial).—Crude rubber, smoked ribbed sheets, advanced !4-at today’s noon auotation of 34%. This compares with 36% a month ago and 403 a year ago. 20 PER CENT STOCK DIVIDEND. NEW YORK, September 14 (&)= Directors of the United Shoe Machinery Corporation of Boston cuta melon for cemmon stockholders today, author- izing a stock dividend of 20 per cent Wwith an extra dividend of $1 a share in addition to the regular quarterly disbursement of 62% cents a share. All are payable November 30 to hold- ers of record September 20. The reg- ular auarterly of 37% cents on the preferred stock was declared. —_—— losing. Organized prevention re- sulted. They gained the co-opera- tion of the insured by rewarding such co-operation with lower in- surance rates. This principle s still being fol- lowed and supplemented. Preven- tion of burglary, for example, has taken the form of alarm and patrol systems. Tine crooked work of the forger is held in check by check- | writing machines and special papers. | en the pay roll bandit has been hampered by co-operation of banks in making possible convenient pay- ment by check. Efficient credit”-men have done wonders in eliminating 24; large, 25a26; Spring chickens, 281 Toosters, 15216; ducks, 18a20; keals, young, 65; old, Dressed fowl—Turkeys, 38a40; Spring chickens, 32a33; capons, fancy, heavy, 39240; smaller, 35; ducks, 25; keats, 80290, Veal, dressed, 22a24 a pound; 1amb, 24a27; fresh hams, 23a25: live lambs, 13al4; live calves, 14; smoked shoulder, 18; fresh hams, 24a25; fresh-killed beef, 18a20. Fruit and Vegetable Review. Today’'s market report on fruits and vegetables, compiled by the Market News Service, Bureau of Agricultural Economic Apples—Supplies moderate; demand slow, market slightly weaker; bushel baskets, Virginia, 23 inches up, Northwestern Greenings, U. S. No. 1, mostly 1.75. Delaware and Ma: land, 2'; inches up, Grimes, U. 8. No. 1, 1.75a2.00. Virginia, Delaware and Maryland, various varieties, w graded, 75a1.25; few 1.50. Boxes Washington_combination, extra faney and fancy Winter Bananas, large to very large size, 3.75a4.00, Cabbage—Supplies of homegrown | liberal; New York supplies light; de- | mand slow, market dull; New York, 80-pound sacks, domestic round type, few sales, 1.00; homesrowns mostly supplying the market. Cantaloupes — Supplies moderate; demand fair, market about steady “olorado, salmon tints and pink meats jumbo 36s, 2.00a2.25; few 2.50; stand: | ard 36s and 45e, 1.75a2.00; jumbo | flats, 12s, 1.00; standard flats, | 75c. Maryland, pink meats, jumbos | 1.00. Honey Dews—Supplies light; | demand good, markst firm; Colorado, crates, washed, 3.00a3.50; full crates, washed, 4.00a4.50; few higher. Grapes—Supplies of Western stock moderate; demand good, market about steady; California, lugs Thompson seedless 1.50a1.75; Malagas, 1.75a2.00; Flame Tokays, 2.25a2.75; supplies of Eastern stock moderate; demand slow, market dull; Delaware and Maryland, 12-quart climax baskets, Concord best, 60a63; ordinary condition, 40a50. Virginia, 6-basket crates, Concords, mostly 1.50, Lettuce—Supplies liberal; demand slow, market dull; Colorado, crates, Iceberg type, 4-5 dozen, best mostly around 3.00, generally good quality: fair condition, some dirty, 2.00a2.5 ew York, 2-dozen crates, Big Boston type, best, 60a ordinary quality and condition, low as 25. Onion Market Steady. Onlons—Supplies moderate; demand slow, market steady; Ohio, Indiana and New York, 100-pound sacks lows, U. No. 1, 2.00a2.25; Ohio, 100-pound sacks whites, U. S. No. 1 ches—Supplies liberal; demand ; Pennsylvania, " pe slow, market vary dul bushel haskets Elberats, large size mostly 2.00; few 2.25; ordinary to poor quality and condition low as 1.00; medium to small size, 1.00a1.50; ordi. nary condition, 60a73; New Jersey, bushel baskets Elbertas, medium to ylur‘:v» size, wide range quality, 1.25a Pears—Supplies moderate; demand good, market steady; California, boxes Bartletts, No. 1, green, 3.50a3.75; few fancy, 4.00; ripes, 3.00a3.50; Eastern, reported. upplies moderate; demand light, market dull; Colorado, 45-pound crates, fair to ordinary quality and condition, 3.0023.50; few fancy high as 5.00. Potatoes — Supplies liberal; de- mand her slow, market steady: T 0. 1, New Jersey, 150-pound sacks Cobblers, mostly 4.00; Pennsyl- vania, round whites, 150-pound sacks, 3.75a4.00; 120-pound sacks, 3.00: East Shore Virginia and East Shore Maryve | 1and, eloth-top stave barrel, Cobblers, few sales, mostly 4.00. Sweet potatoes—Supplies moderate; demand slow, market very dull; Virs ginia, cloth-top barrel yellows, No. 1, 2.50a3.00; ungraded, 1.50a2.00; New Jersey, bushel hampers big stem Jersey, No. 1, mostly 1.25. Cucumbers—Supplies light; demand light, market about steady; bushel baskets, large size, New York, mostly 2.00; counts mostly around 3.50. Tomatoes—Supplies of homegrown liberal; 3-bushel hampers, 24a40. Corn—Supplies of homegrown mod- erate; 5-dozen sacks, 75a1.00. String beans—Homegrown supplies moderate; bushel baskets, 50a75; few higher. — RAW SUGAR UNCHANGED. Futures Market Recovers From Early Setback on Notices. NEW' YORK, September 14 (#).— No changes occurred in the raw sugar market early today,( with buyers and sellers still apart, and in absence of new business prices remained un- changed at 4.77 for Cuban duty paid. The issuance of 71 September notices caused a little liquidation early in raw sugar futures and opening prices were 2 points lower to 1 point higher. The notices, however, ap- peared to be stopped promptly and on renewed covering and, trade support the market rallied. regained all carly losses and at midday was une changed to 3 points above the pre- vious close. The steadiness of the pot market and private advices from Cuba intimating that President Ma- chado may announce something defi- nite tive to the restriction plan early next week were responsible for the upturn. Refined prices were unchanged at re! standard crates, 8s and 9s, 2.50a2.75. credit and merchandise swindlers. CARBON KNOCKS are a men- ~ ace to motor efficiency-- will negotiate heavy grades with a retarded spark---Carbon Knocks result from high compression occa- sioned by reducing the size of the combustion chamber with layers of carbon deposits. Gulf No-Nox Motor Fuel withstands this higher compression —stops knocks. no motor Celery—Supplies moderate; demani | fair, market about steady: New York, | 2.3 crates, 5 23 5.80 to 6.00 for fine granulated, with a moderate business reported hoth in the way of withdrawals and new orders. 'ou/y up with NO-NOX i the Our ordinary summer. Gulf gasoline—and is Gulf No-Nox Motor Fuel is Non-Pof and no more harmful to man or mot‘t::m bt nc:wlln:fithflrx it contains no coal products or dope of any kind-— color is for identificp:tion ot T e tively will not heat _the three cents per gallon higher than or lank Guarantee only—that it posi« motor, winter or No-Nex Motor Fuel s priced worth it.