Evening Star Newspaper, October 4, 1927, Page 14

o FINANCTA LIST CHURNED UP THE EVENING WASHING NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. Open. 1257; 91'y INHEAVY TRADING\ Abrahm&Straus ,\dv Rumley pf. | Ahumada Lead. 4 Steel and Motors Leaders |n‘2;r“§:m:,;$:,‘,. 180% 180°% 1 Dealings—Rails in Demand. | | Alaska June Some Weak Spots. Albany Papr: | Atbny Pap bt ¢ Allied Chem (8). 1 Alifs Chalm (6). 117 Amal Leathe | Amerada (2) RGE T. HUGHES. Am Agricul Chm h to Tha Star. YORK. October 4. -Stocks +ere churned about in another session ant speculs today. Opening prices were higher all around #nd many new stab- Jished. not only . but in the indust ticulariy the mo- 1ore. Then came a period of realiziy sales which hrought quotations down | Am Drug (89c).. from their early tops and left the mar- | Am Express (6). with a confused apy . Deal- | Am & For Pow. . were on A very ie. and | Am&Fo Po pf (7) pe at times W quarter of | Am Hide & Lea. behind bu < on the floor. | Am Hide & L pt. General M ssumed its lead-| Am Ho P (240). hip directly tart. The open- | American Jee( <ale of the new stnck was a block | 4 £ 10,000 from 1397 to 140, | nd at a new high arly opened at a 250 Am Am Bosch. Am Br Sh (j1.60) Am Brown Bov. Am Brown Bo pt | Am Can (2). Am E Am Chain pr (7) Am Chicle (3) 102, 101 1p over a point Am Linseed. Am Linseed pf Am Locomot (§) Am Po & Lt (11 Am Radiator (5) Am Bad pf (7) Am REepublic.... Am SafetyR(13) Am Seating (14) | Am Shipbldg (8) in the teel was the to 154 anced from in both av rise acceler At fir bable that-| Am Smelting (£) extensive short| AMS &R pf(i). > | Am Snuff ¢ . \llm\v which has given Am Stl Fd 3 exhibition of strength | 40 bt essional traders amateurs as weil are con the top.’ Stecl stocks coverinz was I Am TflLTel (9} Tobacco (8). obaceol(8) VATEELS L Am Ty pe Fo(8). the for Am Type pf (7). moves slowly as a rule |\t W' W (msoc) of an easy r { Am Woolen. | Am Woolen pf Am Writ Pact fast| ‘Am Wr Pa pfefs s tut they ! an Zine »t their proportion | anaconda (3 leaders today | Archer- New York ArmourD: ‘lvania | Armouroflil(A) altimore | Armour 11 pf( only an eighth | Artioom (3)..... ce at which it | Asso Dry G (213) record being set uy (19) k Central bettered | AtlC L (1815) which was also the | AtlGulf & WI.. Pennsylvania | At! Refining (4). figure unequalled | gajawin L (7). . Balto& O (6)... Balto & Oh pf (4} Bang & Ar (3%2). Bang & Ar pf(7) Barnet Leather. Barusdl A(b21;) Barnsdl B(b2 Beacon Oi 4 Beech-Nut (11). Belding Bros (2) Best & Co (3)... Bethlehem Steel Beth Stl pf (7) Biminzdle pf ( Bon Ami Cl A (4) Booth Fisheries. Briggs Mfg Co.. Bkin-Edison (8) Bklyn-Man (4).. Bklyn Un Gasi(5) 140 Brown Shoe (2). 4% Buft & Susq..... 53 2 2 Buff&Susa pf (1) Burns Bro (10).. Burns BrB (2).. Burros Add (14). Bush Term (b$). Bush Ter de (7). Butte Cop (50c). Butte&Super (2) Butterick (g2).. Byer & Co. Byer & Co pt (7) Calif Packg (4). Calif Petm (1) Callahan Zinc. .. Calumet & Ar (6)_ Caiu & Hecla (2) Can Dry (v3%). Canada Sou (3)..' Can Pacific (10). Can-Pac(full pd) CaseThreshg (6) Cent Alloy (2) Cent Leather p! Cen Ry NJ (712) Century Rib Century R pf (7) tinually trying "o pick sar with Geners! 1 with o permit succes fay ors, N1 6812 111 [N ause the vi auite as end Chesapeake & Ohio. & Ohio at 125 wa dolow the h ever sold. the 5. Ned changed hands at One would have to go hack to 1910 o find Union Pacific_higher than it was today. Chesapeake- & Ohio was Kktrong. but had to absorb profit-taking after its spectacular run-up of Mon: Counsels of Caution. The strength in the leaders extend- #4 only in a moderate dezree to the general list. There were a few points of weakness, ns when Electric Re- frigeration dipped to a mew low, and heavy selling appeared in some of the oils ‘There were plenty of counsels of ‘caution in hrokers’ offices. which cus- tomers, however, were not inclined to head. One answer to the warning 1hat the price level was dangerously high was to point to the * The Dow Jones figures for these aver- ages are now at record peaks for in- fustrials and rails alike, and the the- tory s that going through the old hichs indicates a further advance. 179 55 4 1065 Wall Street Briefs K 80 STEEL 1S LOWER.—Business at a 111 fiat rate of 1.85 cents a pound for bars, plates and shapes has been transacted in the Chicago steel district, a reduc- tion of 31 a ton, in an effort to estab- Jish a minimum quotation on heavier p")dur This follows the recent an ncement of a spread quotation of to 1.85 cents in the Pittsburgh rict. HUDSON MOTOR.—Third quarter production by Hudson Motor Car C Avas e largest in the company’s his- tory. 87,000 cars, an increase of 25.000 third quarter of 1926, Output nine months this vear was|CerrodePas (15 500 for the | Certain-Teed (4) Certo Corpn 13% Chandler pt(2iz) Chase Nat B(18) 599 Ches & Ohio (10) € &0 Corpn (3). Chi & Alton.. Chi & Alton pt property | Chi & East Iil... . RNty | Chi & East 1N pf the St. Louis cyelone will not exceed | Chi Great West.. $2.000, says L. W. Baldwin, president, | Ch1 Gt West pf., None of the personnel was injured. ‘ L""‘l{‘é‘éffpsér‘;:: Sales of | Chi Mil &StP pf or the nine CM&SUP pf cf 23 per cent |Chi& Nwn (4)ee d last vear, ChiRock Is (3). eptem- | Childs (32.40).. Chile Co (233) Christi B (1 Chrysler Cor ( Lores (B). Cluett Peab (5 Cluett Pea pf ( | Coca-Cota (5). 0llins & Afk(4) Collins&A pf (7) 65% 21% 1t i 270 © 26% 94 'w 320 —Orders for are understood to the C. & O., of 80 per cent went to West- | F3.6000 tons of r ave been placed hy which abou €n mills MISSOURT mage to the Mi — 0). PACIFIC, aleulate oldings of the Unjon the present time aggregate | including estimated sur. over dividends for the first nine | norths this vear. Of this total § dged under two Union | totalinz $65,000,000 3 in unenciumbered ies and cash, equa wall 1ota Street Southn (3) Col Gas & B3t (5 Col Carbon (4).. Com Cred (1) Com Cr pf (13,). Com Crpf B (2). Com Inv (5.60). m :ouems:n) m Powr ‘onde Na ‘ Congoleum-Nair Conz Cgra(t4%) Con Y2 Bty > on the common stock he market value of its note and equipment trust ite holdings in 27 railroad and | 1 companies, and Government | s is fig L $204,661,100, SILICA 0 of planne Corporation. subsidiary of Davison Chemical, and €300.000 no par common stock will he #old 10 a group identified with the di Proeceeds will be used to Davison Chemical Co. for | ConRRCuba pf 6 500.000 and with money | Consol Textile. . enable Davison | Cont Baks A, (4) $2,000,000 of its s B | Cont Bak pf (5). I 1rp de- | Cont Insur (6).. 8 Was | Cont Mont (8uc)., falling off in | Corn Froa (13). imports the | Corn Prod pt ( h the value | Coty In er imports decre: accounting for more than | %5 per cent of the total decline, which | Cuba Company. . amounted to $157,000,000. the Cham-|Cuban Am Bar of Commerce of the United States | Cudahy Pks (4). reports. The ha imports o shman's (§4). 24,188,000 were 7.7 per cent mnm | Cuyamel Fruit.. period last vear. but la {n“,w"c,,,,,, 5 her responding pe &Co pf of £1.700.- is nsol Distribut nsol Gas (5).. <01Gas pf(5) nd retire ares on IMPOR ude 10 58% e 93 884 r=t half of crude rul B137.000,000 _AMTOR( ocutiv nen of the Soviet u‘.q.‘x..x Tnic Ton o e Detroit Ed (8). . Devoe & 1R(2.40) Diamd Mtch($). Dodze Bros Ci A Dodze pf (7).... fome Mines (1). | Dunhili tnt (4).. | Dupont (1912)., Stman (1) astman pt (7). | 1laton Axie (2).. Autolt (16 ectric Boat. .. ec Power & Lt ec P&L Dt (7) ec Refrizeratn se Bat (16) i Horn. n-Brantgm wdicott peeT). . lers for ted Amcrican b gl 6714 100 ition g (‘OL T}{OMP“O‘I RESIGNS WOYORK, October 4 (). fam Boye homp=on has resign a direct Texas G Sulphur | Corpora or of PULLMAN NET DOWN. YORK, October 4 () haid of $1,503618 16 X marth inst §74%0 -'oil NEW . 1 ne 428 10513 106 Low. 89 - 623 Hizh 6814 Open. 68 63 66, 33 Kureka Va f141 (h1.40). Fid Phoenix(4). rst NatS(135). Ik Rubber. isk 1st pf (7). leischmann | Foundation (5). “ox Film A (4). 42 148 42'% 148 281y 163 6015 g 1107 1101 81 a6 100 st ardner Moto Am Tok(4). en ATC D (%), 103 Asphalt. 101 e 390 102 ¢ sp(60c) Alolls) s pf B(7) 1 Motors(110) Motors (n). ien Mot pt (7) Gen Outdr Ad(z Outdr A (1), Siz (3). Gen Refrac (3). tGillette (11,) Gimbel Bros. Glidden Co. idden pr pf( 1 Dust (3 Goodrich Ru (4) Goodyear T1 Gothm S H ( Gotham new 215 nby Con Min, Grt North pf Gt Nor pf efs(5) Grt Nor O (11 10315 106 140°% 1371 10: 1004 Green C: Guantanamo. Gulf Mo & Nor.. N pf (6) ates Steel anna Istp?.. me Geo (1). oo & Co A iollander & Hou 691y 110 70 110 a2 110 11 [ Hudson Mot ¢ Hupp Mot(1.4 Hlinois | Indep Ol (1) Indian Mot (1 Indian Refinin + | Indian Refz ctfs | Inzersoll R(14). { Inland St (213).. { Inspiration..... { nterboroRapTr. | Tnteontl Rub(1). Int Azricul pr Int Bus Ma (4) Int Cergent (1) | Int Com Eng (2 Int Harv (§6) Inter Har pt ¢ IntMtch p3. * | Int Mer Mar pf. “ | Int Nickel Intl Paper ( | Int Paper pf (7). *{Int Ry Cent Am. { Int Ry CA pf(3). Inter Salt (6) Intl Silver 19: 1% | Int Tel & Tel (6) 1 | Int Tel & Tel rts. 224 Intertype(t1is). 180 '} Island Creek (4) 5613 140 | Jewel Tea...... | Jordan Motor... 45 52 1 Kan City South 51 | Kan CSo pf (4). !‘h‘ ll\'n_vserJ (4).. Sprin: Kelly Tire 8% pfj 95 5 | Kennecott C (5). 75% 107 | KeystonaT & R. K3 4%l Kraft Ch (11%) 50% ™ Kresge SS 11.70. 7ot 53 | Kresge DeptS... 14' 80 | KressSH (h1) 11% | _ " | Laclede Gas (1 65 | Laclede G pf 21% | Lago 011 (75¢) . Lambert Co ( Lee Tire & LehighVal(3%). 1 Lehn & Fink (3) v (1.60).. | Lis&MyrsB (14) Lima Loco (4) | Liq Carb (3.60). “ | Loew's Inc e Loose-Wil(1.60) Loose-W Ist (7) 119 Loriilard Co 0% ! Lorillard pf (7). 113 Loulsiana Oil... 11 La Oil pf (6 9 LouisGasa (1 9% | Louis & Nash(7) 15815 Ludium Steel(2) McCrory (1.60). 78% McCrory B (1.60) 4 Mclntyre P (1).. 28% Mack Truck (6) 1094 Macy R H (5).. ad Sp Gar (1), Magma Cop (3) Maliison & Co. Mallison pf (7) Man I Sup (5 Man Elev £1d(1) Man El m g (d3) Man Shirt (2). | Maracaibo Oil. Market Street. Marland Oil. .. Mar-Roek(3%) May Dept S (1), Maytag (12%).. MetroG nf (1.89) | Miami Cop (1).. Alid-Continent. . Middle States. Mid States Oil Midland pf (112) 152 Miller R 1024 41w 31w 637 Tl 18 66 in‘x il 819 12% 81 119 291 15 87 793 130 93 801y Mo K & T pf « Missouri Pacifie, 58 Missour Pac pf. 107% | Montana Pow (5) i04 | MontgmryW(4). 84 Moon Motor e Mors&Esk(ilz). 86 Mother L (ive) . 2 Motion Pic Corp, Motor Met ( JMotor Whi i Mullins Body | Munsingwr (3 l Murray Corpn. 2100 | 10 HRY 18702 91 BRI4 at Bellas He atBHess pf(7). . 728 607 24 48% 59 881 649 atl Dairy (3). at Dept Store. at Distiilers. Nat Distillers pt amel & tEnam pt (7) rk Bk(24) Pw& Lt (X0e) at Ry Mex ply (). Surety (10). Tea (4) 140 16% | 670 10% \ Y Cent (8). Y Central r \ C&SUL (6). ¥ Doy Y Dock Ny ) {NY NH & Hart. . INY Ont&e W (1), Y Steam pf (6) orfolk South. . Norf & W (8). NorAm b10%st orth Am pf (3) m Ed pfi7) orth Pac ( or Pac ¢ Northwn Tel 011 Well Sup.. Omnibus. Omuibus pf ¢ Ok 40 100% Hlle 361 4 8804 | Open. Hiz Opnhm Col (4).. Orpheum Cir (2) 60% | Otis Elevator (6) 1 331y | Otis Steel Otis Stl prior (7). i | Owens Bot (Ct3) 2| Pac Coast 1 | Pacitie Gas ( 5% | Pac Tel & Tel (7) 1 { Stubs. ... 1, 161 N 1 PN ROy Packard (£2.90). Paige Motor. ... Van-Am Pet (4)., Pan-AmPetR(4) Pan-Am West B. { Panhandle, . | Pathe B am (j8) ilford. . A (4) Patino (1.21 Pearless Penick & Ford Penick&F pf (7). Penn C & Coke. . PennDix Cmt( Penna R R (3 Peoples € People Peoria & Parmt-] | Pere Mara (18). Phila Co (k1). I*hitaCo. Phillips Pet 1'hoenix Hosicry Pierce-Arrow. Pierce Arrow pf. Pierce Oil... | Pierce Petroim. . Pillsbury (1.60). Pillsbry pri6ls) Pitts Coul. PittsTerm Coal.. Pitts &W Va(6). PorRicoTobA(7) { Porto Rico | Postum (; v L), &G DI6) Puliman, Inc. Pullman Co (8). Punta Aleg Pure Ol (72). { Purity BakA (3 | Readin | Ro. Purity Bak B (2 PurityBak pf(7) Radlo Corpof A. Radio C pf (333) Reading (15 1 ( Real Silk Hol Reid Ice Crm(3)., Rem-Rand 11.60. Rem-Rd1st (7). Remington2d(8) nolds Spngs. Rey Tobac B (5) Rossia Ins (). . a Ins Co Royal Da3.13%. Rutland p? Safety Cable (4) St Jos Lead (13) St L & San Fi8). St L Southwest. Savaze Arms Schulte ¢ 5 Seabd Air Line. . Seab Air L pf. ... Sears-R (n2lg).. Seneca Coper. Shattuck F G Shell Un (1.40) Shuber The (5) | Simmons (2 i i immons pf (7).. Simms Pete. Sinelair Oil. . Skelly Oil (2 Snider Packg Co. Snider Pkg pt SPorto R Suz(2) South Calif Ed.. South Dairies A. Sou Dafries B... | South Pac (6) Southern Ry (7). South Ry pf (5 | Spaulding pf (7) 4| Std Ml (5).. | Std Millg pf (6). 'vf d : Strom Car { 704 | Thompson 50z Tidew A<o (60e) StdoiiCal( td OiLNJ +13) Std OIINY (1.60). td Pl Glass pf.. terling Pro(i6) tewart-War (6) 2) Studebaker (5). ibmarine Boat. nO0il (1., perior Ol mington. 284). enn Copper (1) Texas Corpn (3) Tex Gult Sul (4) Pacifie.... nd Trst n Thatcher Mfz. .. Thatehrp?(3.60) . | The Fair pf Third Avenue 60) | TiaWASOi1pf(6) Tide W Oil pf (5) Timken (5).... | Tobac Prod (7) { Tobae Prod A (7 | Transcont O1l. . . ! Twin City pt (7) Underwood (4) Un Bag &Paper. Union Carb (6).. Union Ol (2%;) Union Pac (10).. Un Tacific pf(4). ACzrSt(C8ic) d Cgr St pf(6) ited Drug (9) jtd Fruit(15%). U S Distr pf(7).. U S Hoftman (4) U $ Alcohol (5). Leather A.. Leatprpf(7) J S Realty (4).. S Rubber..... S Rub st (8). S Smelt (313). Smpf (3%). ) S Steel (7)... ]S Steel pf (7). 1 S Tobacco(3) . Ini Pic 1st pf(8) Iniv Pipe(t213). Ut P&LEA (e2) Vanadium (3) Vick Chem (4).. Victor TIk Mch. Vietor cv pf (6). Victor pr pt (7). Va-Caro Chem. . Va-Car Ch 6% pt Va Iron Coal & C Va Ir C&C pf(5). Vivadou (3).... Vivaudou pf (7). i Wabash.. Wabash pf A ( worth (1.2 rd C1 A (8) Ward Baking B. Ward Bak pf (7) Warner Pic A... | Warren Bros (4) Wark'&Pipe Cor. W Penn Il A (1) W Penn El pf (7) West P Po (6)... West P> Po pf(7). West Union (8). West Maryland. | West Md 2d pf.. West Pacific.... Westhse A B(2) Westinghse (4). Weston Electric. Wheel & L E pf. White Fagle (2). White Mot (4).. . White Sew Mach White SM pf(4) . White Rock (+2) Wickwire eft.. . Willys-Overland 16% Willys 0d pf (1) 95 s Woolworth (5).. 100% 191% 1518 11 TON, 42 an | 454 100 42 T1a 1074 % | the three to five-year I % | Prof. | | i 19 iy | Dednetion of these expenses 1-ft D. €., TUESDAY, OC GASLIGHT REPORTS * DEFICIT IN-AUGUST 'Loss Smaller Than for Same | Month Last Year—George- | town Earnings Advance. BY EDWARD €. $TONE te income of the Wash ington Gas 1 it Co. for the month of st showed a deficit of $10.305.19 with deficit in Ay of £13,472.03, rording to the report filed with the Public Utilities Commission. August is the lightest month in the year for revennes and one of the henvies for expense it is a particularly good time to put 1 new maing, renew old ones and do Net corpor compared revenues for A smpared with a total | in July of §341,45; in August last year. however, 1t were 3 ating incom: 38 ating much h they 1 with § and §2 | were year com- previo August, in the month for 1926 a of at in tal n of taxes iting income At 1S compary July of § in 1 with s1St n op 70 and ope 9141 g net in August a ¥ net income in all expenses \ IH\UHII“I' 1o $1.548.7: yment of i1 net income r.,r i the pr last ime period orgetown Report Also The total net income of the € town CGas PR EN red with in A return of 1926, ior 76 in July of this year company recenues of in review, con in A Y f operating * the month with $38,161.58 Operating ox- 74599, against Deduction of ex- income from oper- 38 Jast year. penses left a net total net fincome for the fi months of 1927 is subetanti head of a year net for this vear up to the end of .93, while for the 6 it amounted to The o0 s period in 19 5740 Wiiolesale Trading Improving. The Richmond Fede Reserve Bank reports that wholesale trdde in the fifth district in August was larger { than in August a vear ago in all linos sopt furni nd all lines showe: |2 healthy increase over July { business. August ted in department store sale the Jnly trade by 10 per ; 4 per cent above that of Au a vear ago. Debits to individual accounts in leading trade centers were larger during the five weeks ended September 14 than debits in the same cities in the same period in 1926, Loecal Securities Strong Tod Stocks and bonds were both @ today in a stronz local market ital Traction sold at 1061,, Potomac i Electric Power 51 changed hands at 10575 6 per cent issue at 11015 Railway common appeared while the preferred sold at 983 Co- § avel came out at Lanston moved nitary ery preferred d on the board at 101%. one bank stock came out ional, 10 hington Gas, Rail Potomac Electric Con- olidated and Capital Traction 5s ared in the bond list, inirg strong. Veteran Bank J. Curtis Law the American Se retired yesterd nd %. the shares of at 370, Only day, Commerc | celliny at 2 way & El Teller Retires. head_teller curity & Trhist Co. After 30 of continuous service to enjoy the life of a gentleman farmer at his farm at Indian Head, Md. “Judge” Lawrence, as he is affectionately called at the bank, was presented a gold watch and chair by his President Charles hefore a gathering employes the appre nee, iation of the offi tong and splendid service Mr, has rvendered the bank. “Judge” Lawrence now is 60 years old and in excellent health. His three decades of service with the bank are equaled by only three other members dent Bell, Treasurer ind Assistant Tred . Keck. Liberty Bonds Converted. Secretary Mellon announ t I 000,000 in second liberty hnn(h have been converted into asury notes | since the Government offering of Sep- tember 15, when the Treasury an- nounced that holders could exchange them for other securities, Announcement also is made that ap- proximately $550,000,000 of the second libertys are still outstanding. These | fall due on November = | . Institute Registrations Grow. The local i itute chapter is SHU | growing, several | having come in so far this week | tevest is now heing revived in a_cf |in public speaking. Prof. Ch Richardson of the Univer land has offered his ser special meeting will be held itute on Mond: detober 12, der the matte: he number of 1 dents wishing to take the course wi Gecide whetk s will be formed. Richa now lr-:u*hin-,; a the Lawrence Heard in Financial Distriet. The monthly hulletin of the District ociation has gone to press and will appear in two or three | day | Washi | { | | | the redeemable date and William 1*. Ham, prrwl-‘n! of the on Raiiway & Electric Co., returned from the West, where e went to attend an electrical con- ventio Pry North Dame of the ays that his ting no dividend "1 see change ident ank Ta American Co. ympany is contemp! change at the present time. no reason for making any he said an Antonio Joint Stock Land is offering $1.000.000 issue of loan honds, priced at 102 and scrued interest to yield cents to per cent | thereafter | | | YunzsinS&T1 | latest_au: | able 584 B8 380 38% % % 18% 154 9415 94" 185% 185% i Pennsylvania stockholders showed a gain of 430 durinz the month of Au- gust, totaling 141 Worthn Pump. . Worth Pump (H) Wrizht Aero (1) Wrigley (i3%).. Yellow Truck. ¥e 2,370,900 s as @1ven In the above table ) cash_pavments based on the | erly ‘or_half vearly declarations. nless otherwise noted extra or soecial divi: s are not neluded. * Unit of trading iess 100 shares, + Parlly estra_ 1 Pins 4% in stock. ¥ Pay- in common s Plus 2 in stock. a Paill this vear—no resular ra bTen per cent in common stock. vavable © Plus 6% o stock. d Pav- able when earned e Pavahle In_cash or stock. f Plus 10% 10 stock. ¢ Plus 1/50 share In stock b Plus $1 a share in special stock. | Plus 8% m stock i stock. k Pavable'1/4Q of a share o in Ciase A stock lus R in stock, n Partly stock o Plas,3 in oreferred stock. 4 Pius tgehalt of common stock. 1 pan Dividend r are the % _auarterly. ust. | | ana cent preferred | shares | Sl prices re- | at . ? TOBER | { Commodity News CHICAGO, October 4 Nnm‘mlb— | Prices for dressed beef are the highest | |in rs with the result that de- | | mand "is slackening. Smoked m(‘u« | continue 1o lead packing honse prod. | net demand. The dressed lamb trade | has been fair, and foreign trade is | ood. DETROIT.—Automobile | o are watching closely the re | sponse to the announcement of new | models by the Franklin Antomobile | Co. in view of the fact that 11 models altogether are included. | ~—The Corn Prod- will add a suzar re- | finery to its plant here. The addition, whera corn sugar will be manufac will furnish employment to 2 1al workers. manufac- nets Refining Co. ATLANTA —Textile manufacturers | expect the cotton goods market to be- come more stabilized after the govern- ment cotton erop report of October 1%, Warehouse stocks are low, and tex- | I tile firms are in fine shape to adjust | prices of manufactured goods to raw | stapte prices. UTILITIES EXPANSION | PLAN TO BE WEIGHED i Project to Buv South Amerwan Power to Be Taken Up by Ameri- can and Foreign Interests. 1 B\ the Associated Press, NEW YORK, October 4. Stockhold- (ers of American & Foreign Power « which controls utility propertie operating in Cuba, Panama, Gnate. mala and Fenador, will consider | their annual meeting. in Augusta, M [on Ogtober 18, a plan to acqui es of the South American i Co.. a new company recently vganized under laws of wnual report of & Foreign P o {plans for expanding its . Colombia, forcign countries that Electric Rond & Share quired for its own account secir or_inierests in companies directly ndire owning hvdro-electric fother public service properties these countries. all which have heen vested by Electric Bond & Share | Co_in the South American Power Flectric Bond & Share offers to turn over to American & Foreign Power all the outstanding securities of South American Power Co. in | change for securities of American & Foreign Power (‘0. The cost to Elec- tric Bond & S it was stated, lall outstan s of South American of October 1 was $ offers to | change these for 36417 shares of Ame: Co. second preferred stoc! with the right to purchase, at ‘§: four shares of common ach share of second preferred is- the Americ €0 reve n s to 1l state Co. 1es o and CHICAGO, October 4 (United Stat~ Department of Agriculture).—Hogs— Receipts, 20,000 head: uneven: botter grade hogs, 200 to 230 pounds, 10 to 25 lower: heavy butchers and packi ady to 15 lower; ave . 200 pounds down, lower: E to 50 off: top. 11.90: bulk good to choice 160 to 200 pounds. 11.2 Iy 11.60a11.80 butcher: sows 9 s 110,40 or bette few best stronz heayyweight to 300 pound weights up 1. pigs 9.0029 10.00a10. most weigh! wghter pigs. o 00210, 00 head: better and Western gras SHa ook weal teady to 15 off ket on stockers de offerings of value to sell S eers, 16.40; s2v- | loads kind eligible | 1450 predominating: several | of Westc steers to kil |ers. 10.00a1 feeders up to nd feeder: L 000 strong head; fat higher { censidered: bulk n best to city butcher: pound buck lambs, 11.00: bulk good ranger: asking around : sheep strong: spots 2 5.7506.50; top to feeding lambs stron, 13.60; choice held above 14.00; down 1o 12.60 and below. 13.50a13.7 110 to 130 heavies EXTRA DIVIDEND VOTED NEW YORK, October 4 (#).—Di- rectors of the Atchison, Topeka & Santa Fe Railway today declared the | usual extra dividend of share on the common stoc! tion to the regular quarterly dis- bursement of S1. Both are vahle December 1 to holders of record Oc-| tober 2 SHORT-TERM SECURITIES. (Reported by J. & W. Selisman & Co.) Florida | 1 roosters, of | reign Power | stock | CHICAGO LIVE STOCK MARKET | 0 pound butchers most- | packing | | tatoes—Receipts, FIN COTTON DECLINES INTRADING TODAY Better Weather in South Has Bearish Effect — Later | Buying Hoists Prices. ANCI ¢ the Associated W YORK, October 4T} et opened steady today e of 7 to 17 points, active quickly showing net losse points, under continued liquidation. | local and Southern selling promoted by | better weather prospeets in the South. The deciine to 21.17 for December and 21.46 for March was checked b ading or covering, and there were | [ rallies of 10 or 12 points from the low { ost_before the end of the first ho Business was moderately with some buving reported on belief that recent liquidation had left the market in a better liquidated position wd that there might be some covering advance of the Government crop | report on Saturday. larly cables from Liverpool were | batter than due, but prices there eased off as the New York market opened. cottor ctive BALTIMORE, October 4 (S | White potatoes. bushel, : Sweet po 4 vams, barrel, { beans, bushel, : heets, 24.00 i cucumbers, hasket | Hma beans, | pounds, 1 . basket, T savory as: spir tomatoes, hasket, in | Dairy Farm Products. poultry — Spring _chickens, Leghorns, old Live pound, hens, : a1 |and poor, 17al8 guinea fowl, Egss—Re and nearby dozen, pigeons, each, 40 curren 38; strictly fresh, in free dozen —Good to creamery. blocks, Dprocess butter, 40a4l. and Grain Prices. red Winter, export, red No. 2 red Winter, 3 No. 2 red Winter, ga 1311 ellow, domestie, 1.12; 0 per barrel, nominal. new 3812ab 58. Old oats \hvl over new oat. tons. New arriving i only limited quantity | and_in som:®at irregular condition therewre, not heing officially ded and sells strietly on its merit. within range of 1 ) and 17.00 a ton, timothy and clover grades. Straw—No. 1 wheat. 10.00a11.00 per 1 oat straw, 10.00al11.00, POTATO MARKET WEAKER. | CHICAGO, Octoher 4 (®). 142 cars, on track United States ' shipments. | i trading slow. market Wisconsin 1.40: hizher: Min 1cked whites, 140a1.55; Minnesota | Dakotas ed Red River Ohios, 1.50a1.60; Idaho sacked rurals, \ | 1.50a1.60; sacked Russets. 1.30a1.73, according to quality and condition. 444: 1.313 cars; slightly weaker; round whi sale shade { round | North total WOOL PRICES FIRM ‘ON, October 4 (Special).—A volume of domestic wool was being moved today in the wool market, with | dealers inclined to hold firmly for higher prices in many instances. Fine | territory was quoted at l.10al.l clean basis; French combing at 1. 1.08, half blood at 1.00al.05, three- eighths blood at 92295 and ‘quarter | bloml at 82a85. Fine Ohio grade fleecs were quoted at 4513246, grease basi half blood at 4546, three-eighths blood | at 4546 and quarter blood at s5ads. | Pulled wool quotations we-e: Double 1.03a1.05; A super, B super, 85a87. 'MUNICIPAL BONDS Exempt from Income and District of Columbia Taxes. Interest 5% to 6%. Bankers Bond & Investment Co., 731 Southern Building Main_1596 95298; fine B, $sa mirican Thread nda Copper 65 1 1 Co. 4245 10 A Sinclair C. Sou. Par. ‘R Stad. o X Stand’ Oil of N M. on 0il of n Pac. R. S. Rubber 714 < S Smelting € Vibecling Steel € FEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sons. Clogin.) hrox. Asked. "\.-m TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Co.) i offer, 3001 100 100 100 FOREIGN EXCHANGE. | 1Quotations furntshed_hy W. B, Hibbs & Co.) Nominal Selling checks old value, today. S4.RO63 3 vound.. . London. dollar . Montreal Berlin, mark. Rome. lira. Zary'h. frane’ .. Mortgage Money Loaned at Low Interest Rates Ecanomic_ Conditions Tyler & Rutherford Loan Correspondent Mutual Benetit 1520 K Strect ~ Main 475 T MP. New York. September 28, 10% Board of Directors have declared a y dividend of Sixty Cents (60r) on_the (i Jvasabie November 15. 1927 ty Stockholders of record at the close ol ovember 1st. The fransfer books | Ascertaining the Facts HERE are vital facts to be ascer- tained in the investi- gation of a proposed Mortgage Loan. the succeeding 3‘ advertisements we will tell you of these facts. all of which are thoroughly anal- vzed before a loan is accepted by us and First Mortgage Notes offered to you for sale. Rudanest. Prague. erown . Warsaw. zloty . Cope Oslo. Stockholm, e R 1415 K St. Main 4752, AL.* Money to Loan | Secured by tiret decd of trust on rem astath Prevailing _interest .{#‘r k." | Joseph I DON'T EXPECT US TO TALK SERVICE. Talking it i but giving it is still rare. Don't expect the Mutual Benefit Life man to talk service, but ASK OUR POLICYHOLDERS. “old stuff,” The Mutual Benefit of Newark, X REAL ESTATE LOANS | 5, % FRED T. NESBIT We Have an Ample Supply of Money to Loan —on Real Estate, lo- cated in the District cinity. Lowest Interest and Com- Prompt Answers. THE COMMERCIAL NATIONAL COMPANY (Ine.) Paid-Up Cash Capital. $700.000 Commercial National Bank Bldg. 14th and G ¢ mission. Loans Money to loan on Im- proved Real Estate in the National Capital. Appli- cations confidential. Prompt Service Interest Rates 51, & ¢/, Mortgage Department SHANNO”J_& LUCH 1435 K Street Main 2 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. Breuninger, President Money Available for FIRST DEED OF TRUST LOANS 67 Reasonable Commission Prompt Replies to Applications JAMES F. SHEA 643 Louisiana Ave. N.W. We will gladly receive and give prompt attention to applications for Loans on Washington Real Estate Current rates of inter- est. Should you have Money to Invest —we can also take care of you. Our experience, ex- tending over a period of Thirty-five Years —insures your protection Percy H. Russell Co. 926 15th St. N.W. Continental Trust Co.| 14th and H Streets | Capital $1,000,000.00 Checking Accounts Savings Accounts Time Deposits Foreign Exchanges Commercial Credits Travelers’ Credits Travelers’ Cheques Acceptance Credits Collections Real Estate Loans Collateral Loans Investment Securities Corporate Trusts Individual Trusts Administrator, Executor ! Safe Deposit Boxes ¥ Continental Trust Co. 14th and H Streets 1 WADE H. COOPER. President . | Capital $1,000,000.00