Evening Star Newspaper, October 11, 1927, Page 15

““FINANCI - INVESTMENT BOND LISTIS STRONGER Pre-Holiday Trading Slower. Lower Stocks Reflected in Some Issues. BY CHARLES F. SPEARE. Special Dispatch to The Star. NEW YORK, October 11.—Bonds that respond to the movements in stocks were lower today, while those that react to money rates and a strictly investment demand were higher. The market slowed down in anticipation of tomorrow's holiday, and also because of the new issues that are expected to be offered before the end of the week. These will possibly include the $30,000,000 6 per cent Prussian loan which has finally been agreed to in + Berli he Brazilian loan of $41,000,- 000, c#rrying a 615 per cent coupon and selling around a 7 per cent basis; a 4% per cent bond issue by the Philndelphia Electric Co., and a num- ber of smaller and less significant offerings. Polish Loan . Possibility. The Polish loan again is a possibil- ity, as the two parties to the nego- tiations have come closer together on terms. A $20,000,000 offering by the «Great Northern Railway, with a 4% per cant coupon, is imminent and there is a little later on the further financing by the Seaboard-All Florida Railroad to the extent of $5,529,000. Several large public utility issues have been held up awaiting the iron- ing out of legal complications. There are number of moderate sized in- s | loans also. Weakness in sugar stocks was re- flected in new low prices for the year in Cuba Cane Sugar 7s and a Joss of a point in the 8s, which were 6 points under the best of the year. The Supreme Court decision in the Teapot Dame case caused some early selling of Sinclair 6%s and 7s, with @« later rally. Dodge 6s were heavy again, as were J. Kayser 53s, Good- year Rubber 5s, with United States Bteel Sinking Fund 5s a point under the best recently made. Interboroughs were very strong. . ANl of the railroad 4% per cent issuyes that are still under par appear to be working up to that price. The movement in this direction today was quite ‘pronounced among such bonds ' of the Colorado Southern, Buffalo, ‘ggchester & Pittsburgh; Canadian cific, Chicago, Milwaukee & St. Paul and Rock lsland. At the same time other 4%3s selling at a premium held the advantage gained in the last month or so. Liberty 4%s Below Par. For the first time since the exchange offer to holders of United States " Liberty Second 4is terminated these ‘bonds of the issue sold below par . It bonds of the sisue sold below par. It is expected that $300,000,000 and $400,- 000,000 will be outstanding on Novem- ber 15. Among foreign issues the strongest + 'were Poland 8s, which advanced a point, New South Wales 5s which ‘were 3 points above the low price following the closing of the syndicate, Oslo 5%s above par compared with their issue price of 97 and or about a parity with City of Copenhagen 5%s, Chile 6s and Belgian issues. French governments were not affected by the concession of the United States Government permitting this foreign borrower to reduce the rate of in- i terest on its lean. Such condescension imay be international politics but it * Jooks to the av e _person to be a “Bit of bullying. ' GRAINS HAVE SETBAC . ONU. S. CROP REPORT Al“bfinfiel of Qorn at New Low _Prices for Season—Wheat “Tendency 1s to Seg. 1 By the Associated Press. CHICAGO, October 11.—Grain un- derwent an ollaround early drop in price today, tumbled .down by the United States. Government crop re- port. All delivéries of corn reached a new low price record for the season. ©Opening at half cent to 1% setback, ~heat afterward showed some addi- «onal losses. Corn started 11 to 2% off and then recovered to a moderate extent. Oats declined, but held better than corn or wheat. Provisions as well as cereals went down grade. Notwithstanding that the Canadian government crop report is construed @as bullish, wheat traders here de- ‘yoled themselves far more today to %m unexpected bearish aspect of the nited States crop figures. In this connection authoritative European ad- vices at hand sald the future ourse of wheat values abroad would depend ©on the value of North American of- fers and on growing conditions in the Southern Hemisphere. Today’s Australian crop news was less favor- able, but Argentine crop news au- spicious. : In corn, particular notice was taken . of Government comment that the Kan- #as estimated yield of corn, 171,000, 000 bushels, is the best crop the State Bas raised since 1915 and about three times as much as last year's Kansas « gorn harvest. Besides the indicated nas crop of kafir, Milo, maize and feterita, 39,913,000 bushels, is the larg- it on record. HE. Close. 1.30% e 1 FOREIGN EXCHANGE. (Quotations furnished by W. B_Hibbs & Co.) b Nominal Selling checks zoid value today. NEW YORK, October 11 (#).—For- éign exchange firm; quotations in eents: Great Britain, demand, 4.86%; eables, 4.87 5-32; 60-day bills on banks, 4,82 1816, France, demand, 3.92 11-16; @ables, 3.9215-16. $.45%: cables, 5.46. Demand: Belgium, 13.92; Germany, 48.84; Holland, 40.1015; Norway, 26.37; Sweden, 26.92%; Denmark, 26.80%: Switzerland, 19.28%; Spain, 17.42; Greece, 1.32%; Poland, 11.20; Czecho- slovakia, 2.96%: Jugosiavia, 1.76; Aus. *gria, 14.08; Rumania, .62%; Argentina, 4280; Brazil, 11.90; Toklo, 46.68%; Shanghai, 62.00; Montreal, 100.12%. Rt TREASURY CERTIFICATES. SReported by J. & W. Seligman & Co.) o Pre— aturity, » I fi i fi?" fvae mm?%;' Italy, demand, 100 100 2. 99 31-32 1001 *| Chile 75 1943 AL. [ o BONDS o o] Received by Private Wirs Direct to The Star Offica. Low. Close. UNITED STATES. ensin (Sales are 0 41 000 ) Sales Hich Low 49 10116 101 14 1037 1035 1002 1000 100 27 100 24 103 27 103 25 10117 10114 100 106 106 10 1140° 1140 FOREIGN. Argentine8s...... 4 91 91 Argentine 65 Ju§9. 13 9915 994 s Oct59 11 99% 991 16 101 101 9 99% 99 Australia 63 1955.. 7 98 97% Australia 58 1957, 44 97% 974 Austria 78 12 104% 104 104% 95% 95% 87 100 99% 99K 4 105 105 106 ve 21 107% 107% 107% 53 1054 105 105% 14 114% 114 114 11 110% 1104 110% 9 104% 104 104% « 20 100 99% 100 . 806 93% 93 93 19 97% 9T% 9T% 13 107% 107% 107% 9 103 102% 108 1 106% 106% 106% 3 1024 1021 1024 4 109% 109% 1095 + 17 100% 100% 100% Chile 83 1946 . 3 109% 109 109 Con Pow Japan 4 99% 99% 99y Copenhagen6%s.. 5 100'% 100% 100% Cuba bls. ... 7 101% 101% 101% Czecho 7%s rets 22 106% 105% 106% Czecho 83 1951 13 109 108% 109 Czecho8862...... 8 108% 108% 108% Danish Munfe8s A. 1 1115 111% 111% DETI5%sNov53.. 5 103% 1038% 103% Dutch East 1 68 47. 30 105 104% 105 Dutch Bast 168 62. ¢ 104% 104% 104% Finlan 6s45... 3 9T 9T% 9T Finland 7s........ & 100% 100% 100% Framerican 7%s.. 2 105 105 105 French 7a.. <182 107 106% 106% French 71 . 42 1147% 114% 114% French Ra. 81 110% 110% 110% German EIP8%s.. 6 97% 97T% 97% German 7s....... 24 107 106% 106% German AsrBnk7s 5 101 101 101 Ger Gen Elec 7s... 1 103% 103% 103% Greek 7s. o 1 97 97 97 Ttaly 7s. J130 99% 99 99y Ttaly Pub 7: « 62 96% 95% 96 Japanese ¢s. 9% 92 Tapanese 61s. Sales Hizh 2 102 101% 101% 101% 105 U wittys.ov a5 33 Wilson & Co 1t 6s. 6 1 Youngstn S&T 6s.. 46 105% 105 RAILROAD. Closo 10114 1036 100 2 100 26 103 26 10117 106 1140 Lib2d ¢%s 154 Lib3d4y%s. Lihath 4% US 3% 43-4° UStys US4%ss3. Ann Arbor 4s 834 Atchison ad) At&S F eve 45 0 Atchison gen 4 T 7 97U 96% 96% 47 1004 100 100% 6 105% 105 105 9 105% 105% 105% 10 109% 109 109% 11 1027 102% 102% 8 112 1124 112% 13 96% 96% 9B% 5 105% 105% 1054 79 97 96% 96% 15 98% 98 98% 1101 10t 101 5 98% Y8 98W 1119 119 119 29 88% 87% 884 26 Y9% 99% 99% 16 108% 108% 108% 10 104% 104% 104% 26 100 99% 99% 3 100% 100% 1007 7 101's 101 101% 2 63% 63% 63% 1 62% 62% 62% 22 102 101% 101% 1 107% 107% 107% 1 9T 9T% 45 93% 9 99% 99% 101 9% o8 97% | B& OSW 6850 Bkiyn Manhat 6s. Buff R& Pitt 4% Can Nat 415 30. Can’Nat 4145 54. Canad North 6%s. . Canad Pac deb 48 Can Pac 4%s46. .. Car Clinch&0 6s 52 Cent Pac 1st 58 90.. Chesa Corp 63 wi Ches& Ocv 4l Ches & O gn $ 48, Chi & Alton 3% Chi & Alt 3%s ct: CB&Q4%s71B {ChiB&Q1strfb: |CB&Q-llidi4s. Chi & E LI gn 5 Chi Gt W 48 59.. C M&SLP 48 25 cf: CM&SLP deb 4s c CM&StPovialy le6lgs. 11 95% Relgfum 8148 Belgium 7s 1955 Belgium 7s 1956 Rrazil88. ...... Bremen. State, 7 Canada Canada Chile 8s 39 102% 101% 101% 2 112% 112% 112% 1 82 82 82l 27 9% 914 9% 25 95% 95% 95% 6 100% 100% 100% 25 91 91 91 4 118% 118% 118% 25 105% 105% 105% 6 100 100 100 2 102% 102% 102% 1 99% 99% 99% 4 99% 99 99% 20 98 9ThH 9T% 1L 95% 95% 95% Del & Hud 1strf 48 EVENING ACGOUNTS OCCURS ON CURB Trading of Pre-Holiday Char- acter—Some Long Hold- ings Liquidated. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, October 11.—Through- out the session on the Curb Exchange today trading was of a pre-holiday character. The usual evening up of accounts involved a fair-sized amount of short covering following yester- day’s shakeout along with liquidation of long holdings. The result was a confused movement of prices, with most gains and losses confined to com- paratively narrow limits. Johns-Manville, one of the prime favorites when speculation for the rise was at its height a month or so ago, continued to receive banking support and reached 120, as a against the previous final of 117%. Its strength, however, was offset by a drop of more than 4 points in Celaniz common, another that has figured prominently in the speculative opera- tions, Nothing definite so far has come to hand concerning the rumored consoli- dation of Borden Co. with Reid Ice Cream, but the action of the former stock indicated there was some spe- cific reason for the increased volume of the trading. Universal Leaf Tobacco and W. T. “ | Grant reached new highs for the year, but the improvement was confined to small fractions, Deere common fluc- tuated erratically, changing hands at 201 for a gain of 4 points, only to drop well below 200 later. Much of the re- cent demand is said to have been based on expectations that accumula- tions on the preferred issues were soon to be cleared up, thereby open- ing the way for distribution to com- mon share owners. Interest in the bond division cen- tered in Electric Refrigeration 6s fol- lowing yesterday's decline of 61 points. After receiving support at 6814, the price finally gave way, drop- Del & Hud 7s 30 Den & Rio G cn D Rio G West 5i Det United 43 Erie 1st cons Lyon 6s. Marseille Mexico 4s 04 asntd. Maxico 48 10 asntd. Milan 6%s. . . Netherlands fs 54, Netherlands 6s 72. Nord 6%s. .. Norway 5%s Norway 68 1943 Norway s 1944, Norway fs 1952. Orient Dev deb & Paris-Ly-Med 6s. Paris-Ly-Med 7s. Paris Orleans 7s. Pern 11 Peru 8s. 19 107 107 107 6 92% 85% 95% 88Y% 81% 8Ty 88 97 95 94l 94% 1 108% 108! 108'% 3 1124 1124 112% 21 1156 114% 115 12 25 24% 25 4 101% 101% 101% 28 93 93 93 3 91% 91% 91% 1 103% 103% 103% 23 106% 106% 1064 21 100% 100% 100% 8 101% 101% 101% 4 103% 108 103 12 103% 103% 1034 8 104% 104 104% 17 96% 96% 96 28 96% 961 96Y 17103 102% 1024 3 101% 101% 101% ® & * 50 108 1081k Togue | 11 Cent 4%s 6 24 101% 101% 10i% 4 83% 831 Ry Int Rapid Tran®s. 122 79% 79 T9% 54 99% 9R% o9 | Int Rap Tr5sstpd.359 79% T9 97 ' Int Rapid T 5 81t 82 Queensland &s..... 1 106% 106% 106v | 1ot Rapid Tran 6s.. 64 82 4 Int Rap Tran 27 49 98k 98% s 2 116% 116% 115% | 1) o G Nor ad 6a.. 45 9714 971 9T Riode Jan 831946, 10 105 105 105 |IntRysCAS5s72.. 12 81% 8l% 8l RlodeJanfed7... 3 1064 105% 105% | Int RysCAm6s41 6 954 95 954 RloGrDoSul8s... 1106 106 106 |KansasCity S3s... b 7T7% 77% 77 <102 98% 92% 98 | KanCity Term4s.. 10 92% 92% 92% 1 106% 106% 106% - Lake Shore 4s 28.. 16° 99% 99% 99% §e T 100 101N | ene Sapre 7 99% 994 99% 12 103% 103% 103% - 1 0% % 100% | Louis&Nash uni4s 12 984 98 98 B i 1109 109 109 o Louis & Nash 5% 1 o 1 o | Louls & Nash 7s... 1 104% 104% 104% 15 105 105 105 : Man Ry 1st 1 7% T1% Ti% 12 102% 1034 103% | Market St 78 40 3 100% 100 100% 313 118 113-IMIEIRy&LSs51 2103 108 103 Toho Elec Pow 7s.. 3 99% 99% 99% | Myl Bl Ry & L 68 61 13 102% 102 102 Ut Ringm 6%829. 1 117% 117% 117% | M&St L istre4s.. 18 19% 19% 11td Kingm 5%s 37 44 105% 104% 105% |M&Lrfexss..... 5 13 13 13 T1td Steam Corp 6. 11 95% 95% 95y | MStP&SSMcen4s 33 90% 90% 90% Urnguay 8s. T110% 111% 1% ‘l:ss'z‘#sg"sl‘f:c'ff" 28 n 9 ¢ , J 29, BB Q0. 96% | 10 9102 1 St P& SSM 6% 2 MISCELLANEOUS. 1 90% 90% 90% Afax Rubber8s... 2 109% 109 106% 107 Am AgriChem T%s 5 104 104 108 103 Am Repub deb 6s. 8% 8% m Smit & R 1st 1008 101 AmSmit & R 6s. Am Suear ref 6 lgi‘* 1%%% AmT&Teltr -4 95 AmT & Teltr 95 4 9% 9T 9T% 6 103% 102% 102% 19 109 108% 108% 2108 108 108 2 83 83 83 2 10T% 107% 107% 2 78% 8% T8% 7 112% 112% 112% 2 81 80 80 3 MM% % TT% 4. Gr Trunk stdb Great North 5% Gr Nor gen 7s, Green B & W db Hud & Man ret Hud & Man aj 51 111 Cent 4s Seine 75 42. . Serhs Crot Slo 8s. . Sofssons 8.4, Sweden 5148 Swaden fs....... SwissFils 1946, Swiss Confed 8s. Tomss 108 tom | N ¥ Gent 18 38 109% 108% 108% | N 100% 100 100 |} 91 93 N Y Cent deb . om0k 108% | N ¥ Cent LS I 334s 108 1oms 108 | NYChiastL 5358A gl NY NH&H db 48’57 0% 904 90%|NY NHgH cvdb s 102% 102% 1027 | N.Y OOt W 18t 4s. 102% 102% 1024 | N7 Tiys 60 660 97y 97 Anaconda 1t fs. Anaconda ev ah AndesCop deh 78 Armour&Co 4 %; Armour Del 5% Associated Of1 Atlantic Refin 5s. . Barnsdall 68 1940.. 26 Rell Tel Pa s B... Beth Steel pm §s.., Beth Steel rf5s.... 2 Reth Steel 5,853, 5 Reth Steel 6s. . . 18 Brier HSt Istfis 1 Rklyn B4 gen §s. 4 Bush T Bldg s 60. 11 9 1 108% 108% 108% 3 116% 115% 115% 5 99 16 91% 91 % Pennsylcon 4%s.. 7 105% 105 105% o I 105y | Pennsylgendigs.. 27 103% 108% 1035 103% 103% 103y | Pennsyiania genss 2 112 112 112 Pennsyl 5 64 9 105 - 104% 105 104 10¢ Pennsy! 8%8...... 14 112% 112% 112% Pennsyl gold 7s. 7 106% 106% 106% Pere Mar 1st 4s56. 1 91% 91% 91% 13 104% 104% 104% 7 103% 102% 108% 1112 112 12 PCC&StLbsA.. 41 112% 111% 111% Port RL&PT%s 46 1 107% 107% 1074 254 Con Gas N ¥ 53%s.. 27 Consumers Pos Cuba Cane ev Cuba Cane cv 11 108% 102% 15 103% 103% 16 101% 101% 27 99% 99 5 101% 101% 4 95% 95% 92% 83l 3 85% 97% 964 9% 93% 97 34 90% 90% 14 111% 110% 12 117% 117% 5 125% 1256 rets.. Goodyear 88 1941.. 99% 99% | StL 6 99% 99% | St P & KCShL 4%s 18 102% 102% 102% 6 105% 105 105% Int Paper 5s 47 Int Paper cv 61 Inter Paper ta Int Tel&Teleg 4 %s J Kayser & Co 5%s Kan CP&L 6= A 52. Kan G & E 6s62.. Kelly-Spring 8: Lackawa S 5 9 101% 101% 101% 71 106 105% 105% 10 105 104% 105 86 96 95% 96% 24 102% 102% 102% 5 105% 105% 105% 21 106% 106'% 106% 6 103% 108% 108% 1102 102 102 7 106% 105% 105% 1 106% 106% 106% 2 122% 122% 122% 1 118% 118% 118% 11 103% 103% 103% 34 100 9% 99% 10 104% 104% 104% 7 86% B86% B6% 1 104% 104% 104% 1 106'% 106% 106% 3 106% 105 105 1 116% 116% 116% 5 9 96 96 « 7 101% 101% 101% 12 108% 109% 109% 1 110% 110% 110% Ltgicom s s, 48 1015 1014 1015 OIL OUTPUT GAINS. % ll 106% 106% 106 | NEW YORK, October 11 (#).—Crude 1 103% 103% 103% |oil production in the Gulf Coast area 1 106% 105% 106% | for the first nine months of SB All Fla 6354 Sou Pac 45 29.. Sou Pacific olt Sou Pacific Sou Ry gen 4s... Sou Ry Con 68 94., Sou Ry 8s 5 Southern Ry Lorillard (P) LouisvG & E 5s 52 Midvale Steel 58 Montana Pow 6s. Mor's & Co 15t 4%8 Nat Tube 1st 5. New Eng Tel 58 N Y Edison 58 4., N Y Edison 6%s. .. NYGEL H&P és. N Y Tel 4%s. N Y Tel 6s41. N ¥ Tel 68 4 North Am Edls s Union Pac 1st 4s... Union Pac 1st rf 43 Un Pac 4%s 67 Union Pac cv 6s. Virginia Ry 1st 6 Wabash 1st 5s..... Wabash 6s 76 B. Wabash 5%s765. West Maryland 4; Western Pacific 5s. WisCengn4és49.. 35 86 .. 9 101% 101% 5 108% 108% 3 106 105 28 102% 102% 85% Pan-Amer Pete Phila Co 5%838. Phila Co rf 6s A Phila& RAC& T Public Service 6 P Ser Gas 5% 64 13 108% 102% 103% | of 7,660,628 barrels over the corre- 9 104% 104% 104% | sponding 1926 period. 14 100% 100% 100% . 1% 107 107, 10741 HONOR LEOPOLD BACHE. 7 105% 105% 105% 75 94% 98% 94 | NEW YORK, October 11 UP).—The i3 99% 99% 99%| New York Coffee and Sugar Exchange 21 100% 1004 100% [ will be closed today at 1:30 p.m. as a ping below 65% on heavy offerings. Shubert 618 were considered attrac- tive at the 9615 level and finally went through this figure. Imperial Oil of Canada was the most active of the standard oils, advancing more than a point. The best that could be said, however, was that the demand represented nothing more than covering in of short con. tracts put out at higher prices, . WOOL PRICES STRONG. BOSTON, October 11 (Special).— Sales were somewhat slacker today, due to higher prices in the Boston wool market, but prices were strong. The strength in foreign wools and the scant spot supply are sustaining factors. Woolen wools are firm. Fine territory was quoted today at 1.10a 1.15, clean basis; French combing, at 1.05a1.08%; half blood, at 1.03al1.05; three-eighths blood, at 93a95. and quarter blood, at 82a85. Fine Ohio grade fleeces were quoted at 46ad7; grease basis; half blood, at 46, and three-eighths blood and quarter blood, at 45a46. BUTTER IS LOWER. CHICAGO, October 11 (#).—But- ter—Lower; receipts, 0,884 tubs; creamery extras, 45%; standards, 43%; extra firsts, 4315ad4; firsts, 3% 4034; seconds, 36a38. R —. Washingtbn Stock Exchange. SALES. Potomac_Electric Power 03 101 1.000 0 1083 83:000 ot 10854, S1.000 55 TR 'lwwfimnn Gad Liehie-s’ 5t B0%. 10 ¢ mvksg{‘nlwn Rwy. & Elec. pfd—10 at 99. Lanston Monotype—2 a4 107. 1 at 107. 1oMgrehants’ Transfer & Storake pid.—3 at Peobles Drug Stores pfd.—8_at 119 B iary Crecery 0. P05 e 12, AFTER CALL. Washington Rwy. & Elec. ptd.—10 at ““’-'ummnn Gas Light—50 at 81, 10 at Potomac Electric nfd. 51%s—10 at 105% fi%r}?fiu' Tranefer & Sloraxe d. 10 af ke . ital Traction 5s—8500 at 1023 Folomac Becorie wiase-1b 20%41. 10 111, Saniiary Grocery Co. ptd—10 at 102%. 5 at 1024, Columbia Sand & Gravel ptd.—10 at 102, 0_at 102, 1 3 Sanitary' Grocery Co. pfd.—10 at 102%. THimbla Sapeaa CosaT Go. Bd 24 at 102, 10 at 102. 10 at 102. UNLISTED DEPARTMENT. "hapin-Sacks 8s pfd—5 at 104 %. Mones—Call loans. 5 and 6 ver cent. BONDS. Bid and Asked Prices. ] OTILITY. PUBLIC Asked. 1 101% 101% 101% | Pot 37 87 Wash. Rwy. & Flec. Wash Rwy. & Elec. gen. MISCELLANEOUS. Barber Ross, Inc. 6%s. Bneunut Fams Beirs 8% Cheyy_Ch: Club D C. Paver 8s . Wasn Mo ol Stbrass 58 1 Wl:dmlfl Park Hote) 5%s. STOCKS. PUBLIC UTILITY. .1 National Cavital ‘olumbia Commercial Distriet .. Farmers & Federal-Amori Liverty ..... Cincoln ational s ) National Bank "ot ‘Wash! - TRUST COMPANY, Amer. Security & Trust Co... Continental Tr Merchants® h n ecurl 1927 | 1 8 102% 102% 102% | reached 40,094,317 barrels, an increase | Wash Firemen's National Uhion. TITLE INSURANCE. Foimbta, Title,, 33 94% 94 94% mark of respect to the memory of 6 95% 95 95 |Leopold S. Bache, its president, who 2 106% 105% 105% | died yesterday. Standard Ol NJ 68 99 108% 102% 102% Tenn Elec Pow 6s.. 11 107% 107% 107% Toledo Edn 1st7s.. 1 109 109 109 United Drug 8 107% 107 107%| NEW YORK, October 11 (#).— 35 94% 94 94 |CharlesS. McCain of Littie Rock, Ark., - 2 104% 104% 104% | vice president of the National Park 15 109 108% 109 | Bank of New York, today was official- 1 100% 100% 100% ||y elevated to the post of president 3 1014 101% 1014 of the bank, with which he had been 9 89% 894 89% |connected about 18 months, He suc. 5-106% 106 106 Southwest Bell . McCAIN'S RISE RAPID. Vertlentes Sug T Warner Sug 733.. Wi 84l.. West Eteo b 8104 103% 108% recently, Mr. Mo Westn Union 6%s. 2 112 .112 quaintance in Westinghouse 6., 13 204% 104 South snd West. cCain has ceeds John Hamilton Fulton, who died | Wasntreton Mas THE EVENING STAR, WASHINGTON, D. C. TUESDAY, OCTOBER 11, 1927. NEW YORK CURB MARKET Following is the list of bonds ani stocks traded in on the New York Curb Market today: Sales in z ¥ L b Rayon Prod M Rofling M, Superpow A Supernow B m Sup 1t pfd 9 & P ptd ruit Plywood | il 11 Babeoek 45 Bancitaly Corp. 1137 % Black Y 6 & & Black 2 Consol G 15 Courtlaulds 7 Curtiss Aero 6% Deere & Co De For RC 2 Gold Se 1Gri L & B pfd 180 Johna-Manv. 2 Kemsley Millb 1 Kinnear Stores ruskal & Krus. See n. ~:=_.‘_,“, 2. s = R ) O 27 AL grnatt e L e i 0] H 1 o T - 650 25 RO T Hl i3 [ ! 2 P! tinnes Hugo. .. tromb Carls’ Tel of Sales in hund; lwqfl' e nglo Chil € 'N. ons Cop, Mine 20 Golden Stal 10 Hawthorne 780 Am_ Gol S ead Gold. !m{!’ “e'&mml:x::uhe 'ono_Min ni_Verde Exi 13 Wanden Gop INDUSTI%IALS. 108% 14 06 40 41 105 it M 118 FOF FSRRRRERR % RIS mt: 100310 BT QU SIS DL FEOE AR FHTRN A et 3 SRS S e R S st I O ety 191313 s R ey SHECE b sugasan R B 10 AT B O - = Soorfticmen Se - S g SRS MINING STOCKS. - % e INDEPENDENT OIL 134 Cregte 4 Crown G Togon Ol cor yn ores X Lone Star G n 11 Magaal Synd t Pa. on Gl Gas nt'l_Pet St pete; X et & F 8aot Lo 11 106 13 20 S % 2b oS B SRS BB T T L] EFastE It o S et -+ P o reohi Bl S T ey EELEEER 3 s WREE R - TR reRr S —— ooy - S DN T G R 2 o Sl e o £ S » S o S aora e SErdnte e e 10210 SR bt e R EOF FFERE REE R & e W EFNREERR S T i 1% 6 156 = FEAR BuS2ua £ ¥ - = - e e e B S S SO ADE D & St e e e Seaontrashs B = = e 2 woeaned 2 E3EIZ5E 2 DS D 05Tt o) e st o B s SRBERNERERNREE RS RS ETESEY s - S agn St - - ez Son o5 EES o eammisior o Sesa g o SRDON & = Sosen S5 SERS0is e e R T+ BLETREE xR E S EE R R %0 225 Za S G S B RBE S e S Bl ! . ; SERE FERE P S OF F AT SRR & & SRR R REIESIRER e S » H i 5 3! 0! b 18 24 1 2 % 2% 01 l 2 8 20 Received by Private Wire Direct to The Star Office 5 Anaconda 6s A 101% 35 Appal EI Pow_5s 11 Atk P & L b 1As Sim Har 28 13 Atl Fruit 8s. - S S SR BE e ceSgmesionttions x &6 8% i 3wl 122 EN Refrig 84, ... 0 59 Emp'0 & R "2 Fairba 2 e e Eraafe58 Soem ves S b8 A 103 Jeddo Highl Cl Gs 104 emsley M B 68119 Kobp G & C ba 081 2 7% Lone St Gas 5s.. 977, Long Isl Lt 6s. . Mont Pow’ bs MWEPC W 7 e 29 S8 - 12205 gy ontd oo 25283 So Cal Ed bs 51101 1So0 Cal Ed 5s '52 101 SS 0050555505 FAEE B b FRRORRRRIRRS SRR RS o 28522532333 33 [ 00! 23 Salesin FOREIGN BONDS. thousands. 3 Adriatie Elec 7¢.. 95 & M 1 Andian NC 6s wi 24 Batavia 25538 R s I SRS z2D000! S 233583 FEITEE, agen Be... 9 anish Cons 5145 100 % ort @145, 901 3: ) ¥ EEER = 5t %=32550 25325330 SRR S e i 12 Roiomi S namS5S) e e e e e H £33 RREERRISSRIAR! X 3 sszose R RSARFRRES SRS, 2 i opoomszooonD: 2 s 2025 ge SEs o ot EENEErS 2 s o= r g , HH oo s % SRR23832PRIRER R o 35S EE SFREARRE -, - §2R=3 S *Ex dividend. COTTON HAS RALLY AFTER EARLY DROP Trade Buying or Covering on Decline Steadies Mark and Boosts Prices. - i By the Associated Press. ¥ NEW YORK, October 11.—The cot: ton market opened easy today at a decline of 14 to 18 points, active months showing net losses of about 20 to 24 points in early trading under a continuation of yesterday's selling movement. This included further liquidation of old accounts and con- siderable Southern selling, but trade buying and covering on the decline steadied the market and caused rallies of 15 or 18 points from the lowest by the end of the first hour. Early selling was promoted by favorable weather reports and rela- tively easy Liverpool cables, while the disposition to take profits on recent sales probably was increased by the proximity of a holiday and reports of a well maintained spot basis in the South. Private cables from Liverpool re- ported hedging and Bombay selling there and that stocks of cotton yarns were accumulating. The market became firmer after the early selling orders had been bsorbed. Local brokers reported an increased trade demand, while there was con- siderable covering in preparation for the holiday tomorrow and prices were firm, Decemver advancing to 20.72 and March to 21.00, or 14 to 17 points net higher. Offerings appeared to in- crease somewhat at this level, but the market was fairly steady within 5 or 6 points of the best at midday. The advance was accompanied by report that holders of spot cotton in the South were resisting declines, and that the basis was being firmly maintained. Wall Street Briefs MID-KANSAS OIL~Oil storage facilities of the west Texas area will be greatly increased = through the erection of tanks now under way in Winkler County. The tank farm. of Mid-Kansas Oil & Gas Co. at Del Rio, where 25 tanks are being bullt, will have capacity of 2,000,000 barrels, which may be increased. REAL ESTATE LOANS FINANCIAL. Mortgage Money Loaned at Low Interest Rates Tyler & Ru lLoan Correspandent Mutaal Lite 1520 K Street = Main 475 513 T FRED T. NESBIT 1010 Vermont Ave. Maln D302 LET US FINANCE YOUR HOME LOANS To Run S Years No Annua! Curtail 519 Interest WM. H. SAUNDERS CO., Inc. 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