Evening Star Newspaper, October 22, 1927, Page 14

" DALDWINRALLIES OTHERSHARES G Spectacular Rise in Last Few | ¢ von Steel took no action on a stock | this year, against $4.27 in the same { SIGNS OF BETTERMENT i i 1 | and the fifth of the weel v { win got dow | nearly $265,000,000. Foreign exchanges | react. 1408 TIN . Minutes Contrasts With Heaviness Elsewhere. y the Associat NEW YORK, 22.—A spec- tacular rally in Baldwin Locomotive, which went from §243 to above §252 a share in the last 15 minutes of trading, was the contrasting feature f the stock market today, when prices in prac g all other sections of the st were well below yesterday's clos- level o great was the volume of trading in the last few minutes that final quo- 1ations did not appear on the tick tape until 25 minutes after the market At the moment when Baldwin quoted on the tape at §243 a are, it was actus i tloor of the exi It was the fourth e which prices generally October ¥ ver, Ixtreme actions up to §9 reshing Machine everal other or more be- josses T shave ich transformed fore its final spurt, v ? §: the loss into a net w lows for the ) among the SUg: al other such issu wanna Lehigh Advance Ttumely commen erred and International Mercantile Marine pre- ferred. record- . and by i as La Markets at a Glance NEW YORK (®).—Stocks weak; Raldwin breaks 61z points and rallies. Jonds irregular; week's new offerings “teady; Spanish and Japanese rates Cotton steady; less hedge Sugar steady; trade buying. elling. K week end liquidation. Coffee lowe Wall Street Briefs Truscon Steel.—Directors of Trus- dividend, which it had been reported might be authorized at today's meet- ing. The regular quarterly dividend of 1% per cent on the preferred was declared. Julius Kahn, president, de- nied that application had been made 1o list the shares on the New York Stock Exchange. Sheet Steel Industry.—Operations in the Independent sheet steel indus- try the first half of October averaged 5 per cent. Sales in the same period increased about 10 per cent, the Na- tional Association of Sheet and Tin Plate Manufacturers reports. Houston Oil.—Houston Ofl Co. of Texas and Houston Pipe Line of Texas carned $6.18 a share on the common stock in the nine months of 1927, with net profit of $1,945,788, which declined from $2,210,154 in the corresponding 1926 period. Erle Railroad—The Erle Railroad has inquiries out for 46,700 tons of 110-pound steel rails. Congress Cigars.—Congress Cigar Co. earned $5.55 a share in nine months period last year. Seaboard National Bank.—Seaboard National Bank is shipping $2,000,000 in gold to Buenos Aires, Argentina, and L. Dreyfus &.Co. is shipping $1,000,000. o ARE SEEN IN INDUSTRY NEW YORK, October 22 (#).—Dun’s says: In some departments of trade signs of betterment appear. In others, however, where lack of progress has occasfoned complaint, conditions are still backward, but further evidence is shown to sustain the belief in a share. | ANCIAL. Abitib! Pow (5) Abrahm&Straus Abr&Stras 7%pt Adams Exp (6). Adv Rumley.... Adv Rumley pf. Air Reductn(17) Ajax Rubber... Albany Papr(2). Allled Chem (6) Allls Chalm (6) Amal Leather, Amerada (2).. | Am Agricul Chm | Am Agri Ch pf | Am Bank N ¢ | Am Beet Sug | Az Beet Sug p?. | Am Bosch...... Am Br Sh (§1.60) Am Brown Bov. |AmCan )..... | Am Car&Fdy (6 Am Chain pr (7) Awm Chicle (3).. Am Drug (80c). Am Express (6) Am & For Pow.. Am Hide & Lea. Am Hide & L pf. Am Ho P (240). American Ice(2) Am Internati(2 Am La France. , Am Linseed. . Am Linseed pf. . Am Locomot (8) Am Machine (2) | Am Metals (3).. Am Piano (3)... Am Pilano pf ( Am Po& Lt (1 Am Radfator ( Am Republic. ... Am Safety R(13) Am Seating (t4) Am Ship & Com.. Am Smelting (8) Am Stl Fdys (3) Am Sugar (5) Am Sumatra.... Am Tel & Tel (9° Am Type pf (7). Am Tobacco (8). AmTobaccoB(8) Am W W (m80¢c) Am Woolen..... Am Woolen pf.. Am Writ Pa ¢ Anaconda (3). ... ArmourDel pf(7) Armouroflll(A) ArmourofIll(B) Armour Il p£(7), Arnold Con&Co. Artloom (3).. Asso Dry G (2%) Asso DG 1st () Atchison (110) Atchison of (5). AtICL (18%).. AtlGult & WI.. Atl Refining (4) Autostrap A (3) Baldwin L (7).. Balto & O (8)... Bang & Ar (31%) k2] 1 %) Barnsdl A(b23) Barnsdl B(b2%) Bayuk Cigars. . Bayuk 1st pf (7) Beacon Ofl Beech-Nut . Beechnt pf B (7) Belding Bros (2) Bethlehem Steel Bloomingdale. Booth Fish 1st Briggs Mg Co.. Bklyn-Man (4). Bklyn Un Gas(5) Brown Shoe (2). Brunswick B (3) Brunswick Ter.. Burns Bro (10).. BurnsBros pf(7) Burros Add (14) Bush Term (b8). Bush Terde (7). Butterick (g2).. Byer &Co... By-Products (2). Calif Packg (4). Calif Petm (1)., Callahan Zinc... Calumet & Ar (6) Calu & Hecla (2) Can Dry (+3%). Can Pacific (10). Can Pac 1st pd CaseThreshg(6) Cerro dePas (15) Certain-Teed (4) Certo Corpn 3% Chand-Cleve.... Chandler pf(2%) C & O Corpn (3), Chi & Alton pf.. larger movement, which will ultimately lie helpful to business. Reports from most_parts of the country reflect a broadening tendency, especially in sec- . tions of the West, where remunerative prices for leading farm products have an jmportant bearing. In the pri- mary textile markets for dry goods, husiness continues below current pro- duction. As the cooler weather settles over a wider area, more reports are received of a quickening retail demand, and the movement of goods at wholesale is distinctly better in many distributing centers than a year ago. Weekly bank clearings were $10,- 771,326,000, an increase of 8.9 per cent over last year. EARNINGS ARE LARGER. NEW YORK, October 22 (#).—Net narnings of subsidiaries of American rower & Light Co. for the year nded September 30 were $2,671,648 irger than the year before, reaching 528,078,515, Gross earnings gained $4,532,471. . CHICAGO STOCK MARKET. By Special Leased Wire 10 The Star. CHICAGO, October 22.—Following is . report of today’s sales, high, low 'nd closing quotations on the Chicago <tock Exchange. sales, STOCKS. 5 Adams Rovalty’ . 20 Am Fur 450 Am State High. Low. Close. /ol Vi U1 1 our 11} £100 Asso v C $800 Auburn Motor. 50 Lastian Il uma: Y rd pid, o ok 85 Corsumers Consumers 50 Kell 30 L8 vy W i oxi “Switch. o o Ext i ooy _Gxdism o FEAPEER R A £ FE5S Chi & E:ll\lll..i Chi MI1 & St P.. Chi Mil & StP pf CM&StPefs. C M&StP pf cf: Ch! & Nwn (4).. Chi Pne Too! (6) Ch1 Rock Is (5). Chi Yellow C(4). Childs (32.40).. Chile Co (2%) Christi B (1.20). Chrysler Cor (3) Chrysler pfA(8). City Stores (B).. Cluett Peab (5) Coca-Cola (5)... Collins & Atk(4) Collins&A ptf (7) Col Fuel & Iron. Colo Fuel pf (8). Col Gas & E) (5) Col G&E pf A (6) Cal Carbon (4).. Com Inv (3.60).. Com In Tr pf 6% Com Solvents(8) Com Powr (23%). Congoleum-Nair Cong Cgrs(t4%) Con Cigars (7). Consol Distribut Consol Gas (5).. ConsolGas pf(5) ConRRCuba pf 6 Consol Textile. . Cont Bakg A (4) Cont Baking B.. Cont Bak pf (8). Cont Can (5). Cont Insur (6).. Cont Mont (80c). Corn Prod (13). Coty Inc (5).... CrucibleSteel (6) Crucible pf(7).. Cuba Cane Sugar Cuba Cane Su pf Cuba Company. . Cuba R R (4.80). Cuban Am 8 (1), Cuban Dom Sug. Cudahy Pkg (4). Cuyamel Fruit.. Davison Chem. . Deere&Co pt (7) Del & Hud (9).. Del L & W (17). DRG Wstpf... Diamd Mteh(8). Dodge Bros Cl A Dodge pf (7).... Dome Mines (1). | Dunhill Int (4).. Dupont (19%).. Sastman (18)... Eaton Axle (2). ctric Boat... Elec Power & Lt Klec P&Lt pf (7) Elec Refrigeratn 151 Stige Bat (16) ££nd John (6)... Engineers Pub 8 Equit Blde (7). BquitableTr(12) ErieStmS cfs 23 Fureka Va f14% Exchange (1%). 2000 C E 15t 415 Great Lakes 0%s Fed Ligt(h1.40). Fed MotT(f80c) Fid Phoenix(4). First Nat8(1%). L'isk Rubber, ... % Bk Comerce t18. 510 510 510 510 261 Cen Ry NJ (112) 296 296 296 Chase Nat B(18) 560 560 558 559 Ches & Ohlo (10) 201% 203% 201 THE EVENING STAR, WASHINGTON, NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. . High Low Close. 1347% 133 133% 104 . 103 103 1 111111 15T 157% 157% 8 8 22% 22% 1713 171% 1715 Open 13314 104 111 157% R Fletschmann (3) Foundation (5). Fox Film A (4). Freept-Tex t4% Gabriel Sn (315) rdner Motor. . Gen Am Tnk(4). n Asphalt. Gen Cigars (4).. Gen Elec (15).. GenElec sp(6ve) Gen GasA(o1%) Gen Motors Gen Mot pf Gen Outdr Ad(2) .{ Gen Outdr A (4) sen Ry Sig (5). Gen Refrac (3). Gillette SaR(15) mbel Bros. ... GliddenCo..... Gold Dust (3)... Goodrich Ru (4) Goodrich pf (7). Goodyear Tire. . +| Goodyear 1st pf. 359 | Gothm S H (235) 25 | Gotham new 214 11% | Gotham H pf (7) 59% | Granhy Con Min 53% | Gre North pf (5) 's | Gt Nor pf efs(5) 49" | Grt Nor O (1%). 'A Grt Wes S(2.80) 5814 | Gt West 8 pt (7) 83% | Green Canan..., 9% | Gulf Mo & Nor.. Gu M & N pf (6) Gulf States Stes) Hanna 1st pt. Hartman A (2). Hrtn B b10%stk HockingVal(10) Hoe & CoA...., Hoilander & Son Houshld P (314) Houston Oll..., Howe Sound (4). “ Hud Man (23). l!g% :21: Hud Man pt (5). | | Hudson Mot (5) 178% 172% 173% | 114 114 118 114 | Hupp Mot1.40). 158t% 158% 156 157% | Illinols Cen (7). 157% 158% 155 156% | Indep Ofl (1),.. 1 6. 60% 61'% | Indian Refining, 211, | Inland St (214). 54 | Inspiration..... 213 | InterboroRapTr 46 | Internat Agri... 79 | Int Agricul prior 9t | Int Bus Ma (4),, 5% | Int Cement (4).. 62 | Int Cement pf(7) Int Com Eng (2) Int Comb pf (7). 2274 1710 T 21 TH T 204 20% 141% 14d% 1z 12 12 1% 28% 30% 12 42 101 101 101 11% 591y 55% 261y 49% 84 102 143% 143 41l 41% 102 143 4l 34 9319 66 128% 12915 : 45 58 39% 39% T 160% 1603 470 4T 5% 33% 45% 46% 465 % 46% 1087 108% 1087 108% 185% 185% 184% 1844 102% 102% 102% 102% 185 185% 184 184 33% 33% 33% 33% 114% 116 114% 115% 44% 44% 424 4w 248 252% 241% 252% 116 117 115% 116% % T1% 69% 69% IntMtch pf(3.20) Int Mer Marine. Int Mer Mar pf. Int Nickel (2)... Intl Paper (2.40) Int Paper pf (7) Int Ry Cent Am. Int Tel & Tel (6) Island Creek (4) Jewel Tea...... Jones Bros Tea. Jones & Lau (7) Jordan Motor. .. KCP & L 1st (7) Kan City South. Kayser J (4) Kelly-Spring.... Kelly Tire 8% pt 21% 22% 20w ST e 85% B85% 8% 85% 1073 107% 107% 107% 144 14% 14 634 634 624 62% 116% 116% 116% 116% 2 o by . | Kennecott C (5). 52 52 Blw b1 [N 38% 38w 38% 38w | SeystoneT & R. 394 39% 39 39% KI:‘;‘;;:)?'*}!; . 3 . e o s 0K N ceateciig iy 5 157 | Kresges s t1.20 127 127 127 127 44 44 43% 44 | Lago O1l (75e).. 32 32 32 32 Lambert Co (5). 9 9 9 9 Lee Tire & Rub. 101 101 . 101 101 LehighVal(3%). 96% 96% 96% 96% | Lehn & Fink (3) 128 128 127 127 |LifeSav (1.60).. 65% 65% 64 64 | Lig & Myrs(ft4) 107 107 107 Lig&MyrsB (f4) 48 48 48 48 |Lig&Mpf(7)... 8% 79 7% 79 | Lima Loco (4) 68% 68% 68% 68% | Loew'sInc (2),, 6% 634 6 ST ey S coah i SRkl Long EelA (L) 1% 1% 1% 1% | Loose-Wil(1.60) 83 84w 8215 sav| Lorillard Co 16% 6% 164 164 Louistana O11. .. 49% 48 484 187 187 mz 185% | L-ou's & Nash (1) 21% 261 266 257 296 5t 50 | Mackay pf (4).. 70% T0% 68 68 |Mad SpGar(1). 5% 5% 5% 5% | Magma Cop (3). 18% 18% 18% 18% | Mallison & Co. .. Manati Sugar. ., 202% | Mandel (2%)... 79% | Man EI Sup (5). 11% ; Man Shirt (2)... 43 | Maracaibo Ofl... 77 | Market St prior. 12% | Marland Ofl..... 29% | Mar Rock(1315) Mackay (7)..... 80 80% 79% 1% 1% 11% 43 43 43 % B 7 12% 12% 12% 28% 29% 284 15% 16% 16% 27% 28 27% 28 |May DeptS (4 14% 15 14% 14% | Maytag (12%) 28 28% 28 28% | Mexican Seab. .. 89% 89% 88Y% 88% | Mlami Cop (1).. 125% 125% 125% 125% | Mid-Continent. 105 105% 104% 104% | Middle States. .. 60% 60% 60% 60% | Miller Rub (2)., 34% 34% 33% 833% | M St P&SSM pf. 69% 69% 68 68 | MStP&SSM li(4) 51% b51% b51% 651% | Mo Kan & Tex.. 113 113 113 113 50% 50% G0% 50% 4% % T4 75 120 121% 120 94t 94% 92% 924 | MontgmryW(4). 105% 105% 105'% 105% | Moon Motor. ... TT% 18w 17 8% | Mother L (50¢). 130 130 | Motor Met (3.60) #8% 881 884 88% | Motor Whi (2) 106% 106% 106% 106% | Mullins Body. 9% 89 89 | Mullins B pf (. 18 | Munsingwr (3). 22 | Murray Corpn... 46 | Nash Motor(45). Nat Acme (sta), Nat Bellas Hess. Nat Biscuit(17). Nat Cash R (A)3 Missouri Pacifio. Missour! Pac pf. 46 88% 88% 88 161 161% 161 65 65 3 22% 22% 22% 22% 66 66% 66% 661 6% 76% 76 6 b % b 110% 111 110% 110! 99% 99% 9914 €9 69 69 8% 3% 3y 51% b1% 50% 5% 51 5% 93 93% 93 % 5% 75 Natl Dalry (3).. % | Nat Dept Stores. % | Nat Distillers. 99% 69 2% Nat Enamel 8 8. Nat Lead (5)... 4 ) Nat Pw&Lt (80¢) 22:‘ Nat Ry Mex 2d.. 75% | Nat Supply (4). 204% 204% 203 203 | Nat Sul"’::;'((lo))- 10 121 69’/34 :0 Nat Tea (4)..... 5 56% 56l 6% | Nevada C . 105% 105% 100 101 [N Y Afr B(rx(?)) . 80% 80% 80 80% (N Y Cent (8). llg‘/‘ llg‘/ lléu N Y‘genlral rt s BY% J 2 50 29m NY C&StL (6).. 21% 21% 21 82% 82% 824 20% 20% 20 13 13 13 52% 52% b5l 51% b51% bBl% 35% 36% 34% 121 121 120 187% 187% 185 130% 132 62% 52% 137% 137! 14% 1 61% 63 1% 11% 10% 10 56 56 554 55% 318 319 3815 315 160 159% NY Dock....... NY & Hart.. NY NH&H ptf(7) NY Ont& W (1). NY State Rys pf. NY Steam pf (6) Norf & W (R)... NorAm b10% stk North Am pf (3) orth Pae (5) Nor Pac cfs(5).. Northwn Tel (3) Norwalk Tire pf. Ol Well Sup.... Opnhm Col (4).. Otls Elevator (6) Otis Steel....... Otls Stl prior(7) Owens Bot (C16) Pacific Gas (2).. 185% 130% 131% 52% 52% @ 136% 136% 14% 617 15% 164 24% 25 105% 105% 9% 9% 69 69% 2% T2%h 36% 364 364 85% 85% 85l 85l 396 398 396 393 63% 64 62% 62% 60 5% 635 2 26 106 106 10 10 Packard (12.90). Paige Motor. Pan-Am Pet (4) Pan-AmPetB(4) Pan-Am West B. Panhandle...... Parmt-Fam (§8) Paramt-F pf (8) Park & Tilford. Pathe Ex A (4) Peerless Motor., Penick & Ford. . PennDix Cmt(2) Penna R R (3%) Peoples Gas (8). Peoples Gas r'ts. Vere Marq (14) 38% 19 169%" 26 I Open 614 9 [ 124% 11t 4 76 115% 34 961 37 120% 80 62 107 a1 61 2314 211 378 64 1504 87 53 86U 675 16% 1324 227% 9% 50 Int Harv ($6). .. : 654 102% 391y 1444 58% ket 25% 121% 15% 115% 601 5614 26% 87 1% W 25 80 49% 654 32% 83% 12 9% 3644 21 120 120 132 5T% 56% 5% 31% 35Y% 10'% 148 114 46% 34 4216 83% 32 4% 14% 26% 25% 7% 67 42'% 56 110 8 6% 1% 21y 26% 577 102 45% 17% 82% 5% 37 142Y% 44 61% 22% 4T% 24% 112 234 2% 86 274 162 16% 39% 5% 1264 55% NY&'Harlom(B) 170 170 53% 111 38 31 99% 85 187 8! 0 9% 50% 45% 10% 46% 47% 18% 10 108 120% 41 19% 2% 65 152 130 High 61% 247 11% 371 12 1 76 1154 34 96% 95 a7 120% 814 63 371 150% 871y 3% " 694, 17 1321 66% 1027 391y 144% 59% ket 25% 121% 16% 115% €015 564 26% 87 2% % 25 80 49% 65% 32% 83% 12 92% 361y 2y 120% 120 132 57% 56% 5% 32 o 45% do% 36% 10% LoulsGasA(1.75) 26% 26 146 1821 182% 182% 182% Ludium Steel(2) 21% 21y McCrory B (1.60) 79% 79y Mack Truck (6) 100% IO?" 47y 344 424, 15% | Mathieson (4)... 112 112 84 32 4% 15 26% 43% 43% 43% 43% | Midland pf (+12) 169% 1s§u 25% 75 68% 424 MoK & T pf (6). 105% 105% 56% 110 120% | Montana Pow (5) 102% 104 8% 6% 1% 21% 25% 18 82% 5% 3T% 142% 44 Nat City Bk (20) 698 699 614, 22% 47T% 24% 112 Nat Led pf B (6) 112% 112% at Park Bk(24) 600 600 28% 397 « 168% 158% 5% 1264 NYC&StL pf(6). 107% 107% 56% 53% 111 38 31 99% 185 57% 53% 94% 93 54% 3 150% 45% 10% 46% 4T%h 18% 10% 106% 120% 41% Low 60% 4814 691y 85 39 8% 57 1201 79 61% 107 41 61 4214 101 198 814 4% 33l 65% 65% 102% 39% 1434 58% 0% 25% 121 15% 115% €0 56% 26% 125% 107% 55 53 110% 37 31 99% 1831; Close. 61% 48% 70 85l 39 819 574 Open High. Low Close. 947% O4% 9% 94% 118 121 38% l Pere Marq pf(5) Phila Co (kd)... Phila&RC1... Philip Morris. . . Philip Morris rts Phillips Pet (3). Plerce-Arrow. . Pierce Oil Pierce Peti . Pillsbury (1.60). 118 38% E 19% 19% 24 41% 3% | pillsbry pt(61) Pitts Coal...... Pitts Coal pf.... Pitts Stl pf (7)., Pitts &W Va(6). Postum (5)..... Pressed Stl Car. Pr Stl Car pf (1) Prod & Refiners. Producers&R pf. Pub Serv NJ (2) Pullmn Corp(4). Punta Aleg Sug. Pure Ol (i2)... Purity Bak B (2) PurltyBak pf(7) Radlo Corpof A. Reading (15)... Reading 2d (2). Real Silk Hox " | Reld Ice Crn(3). Rem-Rand $1.60. Rem-Rdlst (7). Rep It & 31 (4). Reynolds Spngs. Rey Tobac B (5) tossfa (ns (6).. RRossla Ins Co rte Royal D a3. Safety Cable (4) t Jos Lead (13) t L & Sun F18). | St L Southwest. Savage Arms. Schulte (314) ... Seabd Alr Line. Seab Air Lipt. .. Seagrave (el.20) ears-R (n23%4). | Seneca Coper-. ... Shattuck F G (2) Shell Un (1.40). Shuber The (5). | Simmons (2).... [k 3 | Simms Pete..... sinclair Oil. Skelly O11 (2 4 | Sloss-Shef (6 % 287%, 65% 65% 102% 39% 144% 59% 0% 25% 121% 15% 115% 60% 564 26% 681y 41% 106% 55 110 102% % 6% 1% 21 25% 57% 102 45 18 824 160% 15% 70 TO% 19% | Sloss-Sht pt (7). So Por Ric 8(f2) South Calif Ed.. Sou Dairtes B... South Pae (6)... Southern Ry (7) South Ry pf (5). Spicer Mfg. Spicer pf (8) SG&E (3 Std G & E pf (4). Std M1 (5)..... Std Millg pf (6). StdONICal (128 ). Std OILNJ t1%) Std ONINY(1.60) Sterling Pro(16) Stewart-War (6) Strom Car (2)... Studebaker (5).. Submarine Boat SunOll (11).. Superlor Steel. .. Sweets of Amer. ‘Tenn Copper (1) ‘Texas Corpn (3) Tex Gulf Sul (4) Tex & Pacific.... Tex PC&O(60c) . Tex Land Trst n ‘Thatcher Mfg... Thatchrp?(3.60) The Fair (2.40). Third Avenue. .. ‘Thompson(3.60) Tidewatr As O1l. TIAWASO1IDL(6) ! Timken (15).... ‘Tobac Prod (7).. ‘Tobac Prod A (7) Transcont Oll... Transue & Wil.. Underwood (4).. Un Bag &Paper. Unfon Carb (6).. Union Ofl (12%) Union Pae (10) . Un Pacific pf(4). UtdCgrsSt(C80c) Utd Cgr St pf(6) United Drug (9) Utd Fruit(15%). USCIP&F (10) U S Distributing U 8 Distr pf(7).. 8 Hoftman (4) Alcohol (5). Leather wi. Leather A.. Leatprptf(7) S Realty (4).. s s s Brwn Rubber..... Rub 1st (8). gacQaaaaca Uni Ple 1st pf(8) Univ Plpe(t2%) Uni Pipe pf (7). Utl P&Lt A (e2) Vanadium (t4).. Vick Chem (4) Victor Tlk Mch. . Vietor pr pf (7). Va-Caro Chem Vule Det pt (7). Wabash........ Waldorf (1%5).. Walworth (1.20) Ward Baking B. Warner Pic A... Warner-Quin(2) Warren Bros (4) | WarF&Pipe Cor. Web&Heil pf(.). West Pacific. ... West Pac pf (6). W Penn El A (T) W Penn El pt (7) West Maryland. West Md 2d pf.. West Union (8). Westhse A B(2) Westinghse (4). Weston Electric. Weston A (2). Wheel & L E pf. White Eagle (2) White Mot (4).. White Rock (2). White Sew Mach White SM pf(4). Willys-Overland Willys Od pf (7) Wilson & Co.... Wilson & Co pf.. Wilson Co pf A. Woolworth (5).. 173% Worthn Pump... 26% | Wright Aero (1) Wrigley (13%). Yellow Truck... Yel Tr&Co pt (7) Youngstn S&T 5. Dividend rates as ziven in the above are the aunual cash vavments based O latest quarterly or half vearly declaration nless otherwigo noted axtra or special divi dends are not included * Unit’ of tradine less 100 * Partly extra 1 Plus 4% in stock ay able 1n commion &Lo lus 2750 in stock aPaid this vear—no rezular rate bTen per cent 214 Y% quarterly 101% 0% 19% 18% 28 24% 25 101% 1% 20 101% 70% 19% table n th [t 1 i Plus o k Payable 1740 of a sh: n_Cl I % i Ry aibo 3 Plus 83 1n n;flrr‘n'd o Plus one-hal? of common stoc fhamedid il GERMAN BONDS AND STOCKS. By Special Leased Wire to The Star. NEW YORK, October | Ger Gt Red Laan with draw ctfs att por 100 R M.... draw ctfs per 1000 R M. 3200 35 ted in doliars per million marks.) 19 50.00 Bid. 55.00 00 {livusand marl Ger Gen Elec 415 pre-war. 25.00 Ger Gen Elec 4148 1919. .. -war, . .. 5 5.50 200 4200 N 2.00 Krupy 68 1921 2 Dusseldort 43 pre-war. .. .. Frankfort a-M 4¢ pre-war. . Munich 48 pre-war.. . 4 (Quoted in_ doilars ‘ver share.) E G (Ger Ge Elec)..... 40.00 i ec) pid'B 10:00 Privat Baok Farben . Disconto _Gellsol Berliner Handels 00 ) 5300 bl 105,00 11500 003100 i Merenr Banke Vienna 0 ) Nor Ger Lioyd 1400 164y Aslied. | 62.50 | 60.00 | D. €., SATURDAY, SLIGHT DROP HERE N BANK CLEARINGS | Business Reported Normal in | Capital—New Local Railroad Office. BY EDWARD C. STONE. | Washington bank elearings for the | week ending October 20 showed a | slight falling off, being $26,915,000, | compared with $28,074,000 for the pre- vious week and 4.9 per cent below the corresponding week a year ago. Richmond had a decline of about the | same proportions. Norfolk clearings were -also_behind last year, but Balti- more and enough other large citles had gains so that the total for the United States was well above the same week in 1926, Bad weather was given s one of the chief reasons for the slump in some localities. From information at hand business in the National Capital is running along at about the saume rate as it did st October. Merchants state that a 1 sharp cool spell is needed to give trade the desired impetus. Western Road to Open Office. announce- ment _is made tod: y President L. W. Baldwin of the Missouri-Pacific | lines of the creation of a new office the appointment s general agent of enger department. ore his promotion the \ashington agency, was ling freight agent with head- quarters in New York. The new office will become effective November 1. Sectional Insurance Sales Off. September sales of ordinary life in- surance in _ the United States mounted to $606,760,000—an increase of about $9,000,000 over sales in Sep- tember, 1926, according to figures just issued by the Life Insurance Sales Research Bureau. New business dur- ing the first nine months of the year showed a gain of 3 per cent over the same period last year. Sales of ordinary life insurance in the South Atlantic States show a slight loss in September as compared with the corresponding month of last year. September sales in this section totaled $52,094,000—a loss of 1 per cent over September, 1926. South Carolina leads this section as well as all the States in the country with its gain of 33 per cent for the month. Virginia Crop Estimates Jumped. The latest weekly review by the Dapartment of Agriculture contains an increase in the estimates for Vir- ginia potctoes of about 1,000,000 bushels. Most of the crop has been shipped. The advance in potato prices elsewhere in the country will be a great help to Virginia farmers who have not sold their entire yield. Prices in most of the leading sweet potato markets recently have been ad vancing. The department says that Vir- winia sweet potatoes have been selling in New York at $2.25 and $2.50 per barrel, an advance of 50 cents over two weeks ago, but the same as the price a year ago. Dollars and Sense Appears. The October number of Dollars and Sense, published by Washington Chap- ter, American Institute of Banking, appeared today and is one of the best numbers that have come out in a long time. The present staff consists of: Editor, Aubrey O. Dooley, Commercial National Bank; associate editors, Wil- liam M. Rankin, jr., Riggs National Bank; Alice H. Whitton, First National Bank of Alexandria; Aubrey B. aCrter Federal Seserve Board; business man- ager, Willlam E. Schooley, American Security & Trust Co., and circulation manager, O. Lehmann, Security Sav- ings & Commercial Bank. The magazine blossomed out in a new cover which is most attractive and artistic, pictures in colors of the Capitol and the Monument giving it a distinction of its own. The leading article is by Secretary Jardine on “The Local Bank and the Farmer,” another highly instructive contribu- tion being written by Robert J. Grant, director of the United States Mint. The national president, P, R. William, and the local president, I. J. Roberts. present messages to the members. All departments are represented and an innovation is the publishing of the pictures of the members of the present faculty. Other Financial Notes. ‘The regularly monthly meeting of the Washington Bank Women's Club will be held this evening at 6 o'clock at the Iron Gate Inn. It is announced that this is to be a closed business meeting and that several new mem: bers may be selected. Grayson M.-P. Murphy of G. M.-P. Murphy & Co., has been added to the board "of directors of the United States and Foreign Securities Corpo- ration. The Atwater Kent Maufacturing Co. of Philadelphia has made reductions averaging 20 per cent in all its radio products, according to information re- ceived here today. The Washington bankers, who are on thelr way to the A. B. A. conven- tion, are spending today in New Orleans as guests of bankers and the Board of Trade. Price of Tin Is Advanced. Tt is unofficially reported at the United States Bureau of Mines that the British and Dutch have obtained control of the world's ¢in markets. The action is sald to have been taken as a retallatory measure because inter- ests in the United States contro} the copper and sulphur markets. The price of tin, which has been showing an upward trend, is expected to go higher. If definite information is ob- tained showing that the tin market really has been “cornered,” the tin interests In this country are likely to | make a protest so loud that it will be heard around the whole commercial world, |in Washington, b Jrennan relght and p r. Brennan, CRABMEAT FROM JAPAN SUPPLANTING LOBSTER CHARLOTTETOWN, P. E. I, Oc- tober 22 ().—Japanese crab meat in tins is supplanting canned Canadia lobster in the United States mar- kets, the Royal Fisheries Commission was told yesterday at a hearing in fits ‘investigation into the fishing indus- try in the maritime provinces. John Agnew, Charlottetown lobster exporter, told the commission that 90,000 cases of Japanese crabmeat } were imported nto the United States last year, replacing 90,000 cases of Canadian Tobsters. FAILURES INCREASE. W YORK, October 22 (#).—Com- mercial failures in the United States this week took a jump to 410 from ’§ the week before and compares ith 431 a year ago, R. G. Dun & Co. reports. DIVIDENDS. : Pe- Corporatlon. riod Rate. Bk of Montreal Q 3% do ... Ext 2% Caterpillar Idaho Pw o $7 pf.0° McCord Rad el B O P & Lt. Q gfll W ipen ¢ L PN 2% 5 8 sdio 1% % tock of srocnrd i 9 s - [ - S o Peoples Drug pt Radio Corp el At . St by v pl rve its patrons | OCTOBER OVSTERS SCARCE - MNDHEGHERHERE Strict Enforcement of Law; on Taking Bivalves From Water Is Reason. Strict enforcement of the law gov-| lerning the size of oysters permitted | to be taken from the waters of Mary- | | land and Virginia is reflected at Munci- | pal Fish Market, receipts being small | |and prices high. Under the provisions of the law, it is stated, ovstermen are required to return to the water all oysters less than three inches in length. “Which means,” commented a dealer at the local market today, “that every | time an oysterman catches 10 bushels | of oysters he has to return five f| them to the water. | “Catching and returning so large a percentage of the bivalves,” he added, “largely inc.cases the cost of the catch and enforcement of the law probably has resulied in many persons abandon- |ing the business.” | Whatever may be the cause, the {dealer, stated, receipts have: hecome much ‘lighter and prices much higher. Oysters this week took a_jump of ap- proximately 50 cents a galion. Higher Oysters Seen. Standards, the smallest oysters per- | mitted to be sold, were selling today at §: a gallon; selects at $2.50 and extra selects at $3. It was predicted by the dealer that oysters for % Thanksgiving and Christmas holic seasons will cost much more than prices quoted today. Barrel stock also has become scarce and prices higher. It is believed by dealers that high prices will mean a decided curtailment of the number of oyster roasts planned for this season. Supplies of marine products of all kinds have been scarce and high the past few days, due, dealers say, to the severe nor'easter that prevailed along the coast. The storm was so severe, it is stated, that fishermen were un- able to fish their nets and many boats were swamped, according to reports. Pollock and haddock were the only fish offered at cheap prices the past few days, the former selling at 5 and the latter at 7 cents a pound, and filet of haddock, boneless and a good seller, was quoted at 18 cents, only slightly higher than normal prices. Fancy Seafood Offered. ‘While most of the better varletles of fish were scarce and high, it is stated, there was scarcely any other than fancy stock to be offered, and prices also were fancy. Bluefish was the most expensive varlety offered for the Friday trade, dealers quoting them at 35 cents, while rockfish, also very scarce, brought 30 cents. Speckled trout and Boston mack- erel, fish that always find ready sale, readily brought 25 cents a pound, while flounders, another favorite fish, were so scarce that the price, was run up to 20 cents. Trout of or- dinary varieties sold at from 1214 to 20 cents, much higher than when the fish are plentiful. Both hard and soft crabs are prac- tically off the market, according to reports of dealers, and there is no demand for them. There Is a fair demand for the crab meat, however, prices of the three grades being 50, 60 and 70 cents a pound. Included in the list of fish offered the week end trade, and prices quoted vesterday, were the following: Nor- folk spots, 15 cents a pound; halibut, 20 and 25 cents; salmon, 20 cents, and croakers, 15 cents. Dealers hope abatement of the storm will mean the return to work of the fisherman and a return to cheaper prices of their catches. Tomato Prices Rise. Recent rains resulted in change of prices of vegetables from nearby Maryland and Virginia farms. The ground became so wet that growers were unable to do the ordinary amount of gathering, they reported, and because of the lateness of the season the vegetables were mnot so plentiful. Growers "are hoping there will be no early frosts to interfere with or terminate the growing of veg- etables. Price of tomatoes took a big ad- vance yesterday, partly due to the muddy condition of the ground and partly to the fact that the season for the popular vegetable is fast drawing fo a close. Tomatoes that found slow sale a few days ago at 25 and 50 cents a basket went to $1.50 and $2, the baskets holding twe pecks. The green vegetable was offered at 60 cents a basket. Spinach, sold a few days ago at 50 and 75 cents a basket, brought $1 and $1.28 yesterday. Cabbage continued cheap, however, dealers gladly accept- ing a price of $1 a barrel or 50 cents a bushel, and the stock offered was first-class, according to dealers. Dealers also reported that turnips continue cheap. They have had im- mense supplies of the vegetable on hand the past few days. The demand was light, however, at 50 and 75 cents a bushel. Peppers, both green and red, sold at 75 cents a basket. It is believed that corn soon will be off the market. The wet weather has affected the growing corn, but dealers hope a few days of dry weather will have a good effect upon it. Sacks of five dozen ears yesterday sold at $1.50 and $1.75, and some of it was not of the best quality. Lima Beans on Stands. Lima beans are still to be had, re- ceipts being fairly heav;, but not as heavy as last week. Dealers quoted | them at 30 cents a quart or $2 a bushel. A bushel of well filled pods, it is stated, should shell out about eight quarts. | Liberal supplies of potatoes con- | tinue to be received. The demand the past few days was moderate, making a steady market. Prices of nearby stock’ continue the same as last week, but wet weather has prevented farm- ers from digging them the past few‘ days. Shipped potatoes the past few daysf were reported by the Department of | Agriculture as follows: Michigan, 150- | pound sacks, russet rurals, U. S. No. | 1, mostly 3.50; Maine, 150-pound sacks, cobblers, U. S. No. 1, 4.00a4.50; Minne- ota, 150-pound sacks, round whites, | U. 8. No. 1, 3.40a3.50; 120-pound sacks, round whites, U. S. No. 1, 2.85a3.00. Light supplies of lettuce and onions were reported the past few days, New | York, New Jersey and California grow- |ers furnishing most supplies. Local | growers also supplied some well headed lettuce. A moderate supply of celery was reported, the demand being light and market steady. Apple Market Steady. Dealers reported a good demand for moderate supplies of apples, mak- ing a steady market. Nearby apples brought as much as $1.25 to $L75 | a bushel, windfalls selling at 75 cents to $1. Department of Agriculture reports on shipped apples the past few days were as follows: Barrels Pennsylvania, unclassified Grime 215 inches up, russeted, 5.50; boy Washington, medium to large : extra fancy Delicious, 4.00, few I er; fancy Deliclous, 3.65a3.70: ex fancy Jonathans, 3.15a3.2 bus baskets, Delaware, Delaware gu: No. 1, 23, inches up, russeted. 2 ui New Jersey, unclassified Deliclous, 2 inches up, fair quality, 2.00a2.25; West Virginia, 23 Inches up, Spys, windfalls, fair condition, 1.25a1.50. A light demand far light supplies of pears made a steady market on the fruit that i4 by no means as plentiful as usual this season. Bushel baskets of New York Bartletts, best quality, sold at $3. ordinary to fair quality selling at $2 to §2.50. lancy Ugly Ducklings” Of Stock Market Turn Into Swans: the Associated Press. NEW YORK, October 22.—Many stocks now selling far above their par value on the New York Stock Exchange once were objects of de- risive laughter. As strong an issue as Unlon Pa- cific, now paying annual dividends of $10 a share, was not exempt, for the recent rise of this stock to above $197 a share recalled a time when a bright young market re- porter, now a prominent financial editor, wrote: “Even such rubbish as Union Pacific advanced half a o . United States Steel common, re- garded as so much water when the corporation was formed 26 years ago, recently sold above 160 after the deduction of a 40 per cent stock dividend. Bartletts from Washington and Ore- gon, box stock, brought $3.756 and $4. Grapes, possibly the most plentiful of fruits, have been received only in moderate quantities the past few days. Twelve-quart baskets of Concoris cold mostly around 70 cents, some in poor condition selling at 50 cents. Michi- gan grapes were cheaper, selling at from 50 1o 65 cents. Poultry dealers are evincing much interest in the prospects for turkey supplies for the Thanksgiving holi- day season, realizing the holiday sea- son is not far distant. It i3 reported that big corn crops are beins gathered in some of the sections where many turkeys are raised for the local trade, suggestinz that many of th: turkeys may be held back for the Christmas holiday market. Price Forecast Impossible. During past years, especially when {the corn crop was shor®, it is stated, raisers shipped their turkeys as early as possible, thereby savins the addi- tional price of feeding and possidly getting almost as much for their stock as if they held back for the Christmas trade. It is not yet pos- sible to forecast probable prices for the holiday season next month, deal- ers say. It is reported by dealers that the poultry market this week has not been especially active. The middle of the week it was feared that the rains would serve to hold back sup- plies for the week end trade, but yes- terday's receipts were heavy enough to prevent a possible shortage and consequent high prices. Prices have not changed to any material extent during the week, deal- ers state, and prevailing prices, while not especially cheap, according to re- ports, are not exceptionally high. An Increased demand for keats and ducks the past few days is reported. Young keats always are in fair de- mand by hotel people, it is stated, being considered the chief delicacy of the poultry market. Dealers report a continued - firm condition of the butter and egg mar- ket. Both markets have been firm for some time and dealers are un- able to forecast what may be ex- pected between this and the Christ- mas holiday season. There is an es- pecially good demand for choice eggs. || the hennery stock being quoted at 55 and 60 cents, and it is reported that some retailers are getting as much as 90 cents for the top quality of the hennery product. Meat prices have not experienced much change this week. Cooler weather is expected to result in a decided increase in the demand and improve the generally draggy con- dition of the market. Buyers were out early this morning lurd supplies for their week end trade. Today’s Wholesale Prices. Butter—Fresh, 1-pound prints, tub, 50a51; store packed, 30a31. Eggs—Fresh selected, 47a48, nery, 56260; current receipts, 45. Poultry, alive—Turkeys, 35; fowls, small and medium, 24a25; large, 25a 53; hen- 26; Spring chickens, 28; roosters, 19; || ducks, 18a20; keats, young, 70a75; old, 35, Dressed — Turkeys, 40a45; Spring chickens, 33a35; roosters, 21a23; ducks, 18a20; capons, fancy, heavy, 38a40; smaller, 35; ducks, 25; keats, 80a90. Meats, fresh killed—Beef, 18a20; veal, 23a25; lamb, 25a28; fresh ham, 24a25, loins, 35a36; shoulders, 19a20; smoked hams, 23a26; smoked shoul- ders, 18; strip bacon, 25a26; lard, 15a 15%; calves, 15; lambs, 13. e Have You Been Stung Yet? Some men have to get stung good and hard befcre they learn to be cau- tious i1 making investments. Before von i -est—investigate. e | LOANS ON REAL ESTATE Representing clients; have a fund to loan on real estate at prevailing rate of interest. WILLIAM B. WOLF Attorney-at-Law Room 851, Earle Bldg. 6% First Mortgage Notes Consult Us —for safe investment of your surplus funds. Look to the future by invest- ing NOW. 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