Evening Star Newspaper, October 31, 1927, Page 13

FINANCIAL. THE FEVENING STAR. WASHINGTON, D. €. MONDAY. OCTOBER 31 FINANCIAE. -9 Received by Private Wire Direct to The Star Office T thllawiiG. tablsishows the aver: bilities there, dispatche: at b peci patch to The Star. 1 U tre v ceel saving that the premier of Ne th | ,‘,,_, il SR 12> movement trom week to week 3 0 g adiiph c raded in on the New Yorl Mont A 1IN 3 reseniative ool S : of 14,000.000 hushel S A . urb M Rl ~ b e AL, L s e oo Elunis | compared with 37.000.000 bushels ‘A |\cas unloaded here Saturday. They et today: Review) und of the purchasing 1me from Italy. Some were Parma sal s 10118 power of ihe dollar: # y | S 1 t i } ) 2 Purchasing which developed in | omtaes o were Naples tomatoes Index No of — power |t rpool market today did much | ang they ved sboard the American m L 1y ' ; i ‘ude | Price Range Narrow—Stan- wieesinper ot thedot: | Cold Wave Threatening Belt | o =ive the aavantaze at times to the | e rty Land. | H “ b ol 1 Nl ) ! § L c | buving side of the market here. Packers here have long advocated. a | | | Warm Weather Principal Reason—Spareribs in Good Demand. 1t Liverpool was only e gede a4 SANEEE S Sat with their congressional representa- Demand Today. 033 AV n i3 Prices Today. day’s upturn in Chicago and teok ives when Conzress meets. account of today's advance here, e alien tomatoes also have in- dard Oil Issues in Good g ’. Has Bullish'Effect 0n' | advance shown. in cioaine ‘nuoiations| hiEter tarift on imported canned === the enmity of the Del-Mar-Via BY WILLIAM F. HEFFERNAN. It ! 837 | By the Associated Press. « This organization has l,l_‘ v F E 3 ,‘ - 2 e ¥ pe ’VIEETING DFFERRED T e advocated the enactment ccia” Dispateh to The Star. g W YORK, October 31.—The cot-| NEW YORK, October 31 (#).— that aoria make thaine NEW YORK, October 31.—The main Third au o ton market opened firm today at anrectors of Coco-Ce who we po! of foreign tomatoes an Fourih o X N e November X ndvance of 165 to 20 points covering. | o take dividend act , Yort price range at the cutset of the | (ga < 3 combined with trade and commission | today, post 2 < 1 ! ; 2 oday, postponed t ceting to No s | week, with )t anges occurring ¥ g | hous = hare cabit % o ok, with most changes & M | house buying based on the relatively | vember 8 in Atl: rrm b » i 4 i “lor o side of ac ee, Speculs e i » - s hetwern s 1 | 1 \ i 5 1015 jon the side of advance, Speculativ First quarte 4 steady showing of Liverpool and an | ctween s b | Ua1e 204% 5 i 3 JuLiy 1iis | sentiment was divided as to the im- Abril aver e 7 bie r e | =l p PR . : o . 1005 | mediate future tendency of prices May aver : ELpiehil & s “'”‘“'\g‘w}' W ased donn ) Buey i, ‘ At o HE L ) "he advance in the eall loan renewal L EALE b % N Bl ol i’ A O A s aousE Auznct ave day’s buyers had ex- ::::‘[‘”Y\I\lul\r“‘r‘lku}\]t";t"»."\'\"{ll‘: (!ly‘hl‘g':»'r‘mn: S L[ pected. but a cold wave was reported nothing more than a normal develop- Brinbert ! it ‘.\ T‘.'\:(',l,"',",:mfi,. L i ment owing to withdrawal of fund P e ee e 4| evidenics ab At The 4 t t } Id A e o s dint | RS el i b Equitable Co-Operative Bailding Ass’n T weele 4 however, attracted realizing, and the ,mw JOY EDS o E ! » J o DSON, President VWAL T"R S. PRATT, Jr., Secretary bt i arket eased off 8 to 10 points fi he majority® of socalled Standard Forein Weokly Indes, tho. best in early trading, & Organized 1§39 i3th YEAR COMPLETED il issue: A bhee v leave off 1 T e I iseues A b e igas Suen | Crump's (London Financial Times)| The early advance exiended to 20.55 Asseta.. -$3,228,031.94 Surplus . .$1.460,90; o8 Minnie Pine Line, Prairia ' index number for England: for December and 20.77 for Marc Subscnphons for the 93rd Issue of Stock Bemg Received Index No.of | making net galns of ahout to Hlces vweve the same as those quoted| 1 Bt 51 i i 5 Jewesin S nd Gas, Ohio Oil, International prices in er cent | noints on the active positions. The Saturday. & : ‘ 3 g 3 Petroleum and _Stand, \rl: Tl Ind "' ¢ 4 wppeared to he some S SAVE SYSTEMATICALLY continued in demand tigures, which checked the return and ¥'s Wholesale Prices. v A f y i 2o gl Bk could not have heen set down to any | yg: i caused reactions of 10 or 12 points IN 7 dusiry, The demand apparently was ¥ X was quict but steady, active positions due o wing recosnition that | 199 3 SITE VoINS 6130 v | : \ : < around 18 to 20 points net high 3 linuidation i the ofls T heen quite Eirst ans I P N Aoie reioit s s 2 50 | Start a systematic savings account at iorouzh and that any change in the | el ol e the Equ ik iptauids. the viay Tae statistical ition of the industry & 12060000 Dol Bk avncaren T Financial L beint (" ‘,‘m» ably mlnhl.;\ nn_’x_lul»\\m {m( _I'lh?nyg };}’""}?" be without much effect on the market, Per saving encour a regular also was the possibility of favorab namher L manner and helps you accumulate money. dividend action by several companies | 1927 Tannary— Share 3 'WHEAT HAS RALLIES L FROM LOWER START American Co. i plann to make an Jani vel to minority Washington Railway Febriiare nverage Electrie stockholders for acqu March average. Corn Sympathetic—Crop News From Argentina Gives Bull- ish Trend to Prices. 23253 SSuanx, ap-ms tion ¢ their interest in the common F“‘l n\‘_vfi'vrll’r, it % \ G o G FH Tloe G tock failed to Influent selling of the Ahell hoer lv‘flr_‘w\ z d il i Wit . 3 ; i i Intter shares. Spe Street June aver D haon. Ao ; s P Yo 2L n6al [ has heen basing i Ouarterlv ave lambs, 13. s haon i ; 2 leently on the pessibility of a mer- Julyanveraxn s Fruit and Vegetable Review. oI : 3 < o W zer ‘of Washington traction com- Sentember average! IToday's market report or 2, In g S g > | panies, arter.. o nd : ; Dl aih o : [ ¢ | "Specutation for the rise went out of oo Bureau of Agric | < it o the market for Reo Motor, for the e O S A inta i time be ast, but the price held T 1 1 ! . d g : firm above d Motor of Canada (CopyHsht Lo L p Apples—Supplies n : y O B e e ; ) comparediwith final CHICAGO, October 31.—Reassuring market steady; \ I Aarve : i ; i i ‘ ¢1of 567, “Switt International continued i e crop reports from Argentina led to | n, meditm to 5 i LD ; ; i > *|in demand ahove 27, Tecent buving BRITISH OUTLOOK GOOD. lower prices early today for whi e D . 4 LR ST v ¥ 28 2 has been attributed to belief that final e hut the market soon rallied above Jonatt W fancy Wint wani I 3 A 0 9 en attributed to heliet that Bl | LONDON, Octoher 31 (P).—The | urday's finish. =~ Later advices nanas, hushel haskets, i et e b 5% Ex dividena i N etion . {he | Westminster Gazette publishes the | Bucnos Aires confirmed reports o unclassified, ¥ 23, inches up, 1.23 WOC o iea 1239 12 4 o e Drivs ey |auarterly irade forecast of the Fed-| light frost. Opening % : v Ahopa3s03 e el e h b 30 . Souf cration of British industries, which de. | wheat underwent a_further Staymans, 1 h o P » ] cels e Sl hela |clares that the outlook for Rritich | then scored gains. Corn s ge, unclasif . M i e e T OOy Mila | trade in the coming year is brighter | wheat, starting at 3% decline to 3 i Sy d i e aw ece, still | than at any time since the war. It |advance, and subsequently showing a BALTIMORE, October 31 (®).— o e o i lovel, | traces this welcome state of affairs to | setback ‘all around. but then scoring | E E White potatoes, 100 pounds, T5a1.90; tuated erratically. G n decision at a secret meeting of in-|a rally. Oats were relatively firm. i e ol ternational bankers at New York in | Provisions tlted downwar. uf et . : - i sarrell 3.508 sweet potatoes, hi ——e- July, when steps were taken to es-| Unusual sensitiveness to Southern Sunplies moderae: v i T 2105 a0 | per, 15002005 yams, bareel, 1.50a200; POTATO MARKET DULL. ablish an_international system o | [lemisphero wenther and crop reports | market steady: N¢ > Nt i B h B hean: bushel, ]‘1‘4\1 » beet ¢ . nancial eo-operation. showed itself in the Chicago wheat cabbage, 100, 023,000 ; ; - e i : . ; g Bt Ak itower, omis, [100a75; Lotal 0. ) ehipmients Baturd 77 Smith’s Drug Store—7th & O Sts. N.W apes—Supplies of stoc] n : £l o Dak.00; ‘oR1aPY:. icrate, 135 B1E 8 rars; a deate: Gemgnd. Tuod . : W it x slow. market dull; Wisconsin Is a Star Br about steady; New ¥ t cli- A . % J6a3.00: lima beans, basket, | acked round whites, 1.43a1.6: .fi\llxsze- Branch Office max baskets Concords, pif Piromontyk Nor 8 e, 100 ‘pounds, 1.09a | Sota. North Dakotas, sacked Red River r T5; few lower: 12.quart climax ? Proct & ‘Gamble 2 : Sl Jins5; pump. | Ohios, 1.2521.40; sacked round whites, p M pebpers g 4 1.30a1.40; 1daho sacked russets, Bur- These Star Branch Offices, supplies of tern n i 5.00010.00; par 0 e - demand light; ma Faa % iy e | e e oy | banks, 1.50a1.75; sacked rurals, 1.40a || located in prachcally every lugs, Flame Tokays. El Corn. .. - I Sl ., | 1:50. 1.40; poorer, low 15w W & P g v / iy : e e neighborhood in and around “Lettuce—Supplies of T stock i . "o a4 b ] annDs . RUBBER STOCKS DROP. Leans on Real Estate | Washington, are maintained for very light; G e ey Fiom pa 230 | Trutt, how, 3.00a4.5 <[, NEW YORK, October 31 0P.--Rub- | for ! fl;e_lf:fl"sem!fl" of the patrons Tupplies of Western stock moderate Sl 4 ! . H shel, 1.00a3.00; [ber stocks in London on October 29 | . i o e Star X7 3 demand moder 3 } Bl P 18T i BRI S " ioaats quinces, bush- | were 69,551 tons, a decrease of 509 Periods of 3,5 or 10 Years Advertiae;unfilul.;fif? E:ch.t:-’. weake: ia, s, Ic 3 : 3 2 5 tons in the last week. . t type, 45 dozen, 2.65a3.00; T “Rez Pap : e 50 E Shee i WE HAVE UNLIMITED FUNDS 1 | Branch will be promptly for- Onion Market Steal [ Rarata0n a0y Cutile—Teceipts, 1,100 head; prime COTTON GOODS QUIET. i TO LEND ON ey warded to the Main Office, and Onlons—Supplies moderate; dem? <3 i {heavy steers in good demandand fitm; | NEW YORK, October 31 (Special).— Residences, Apartments and Business X i will appear in the first possible Hght, market steady it 37 ' other grades steady; cows '1'§,“~(,- {818 | Cotton goods markets were quiet to DPiopérilas issue. Ohio, 100-pound sacks, vellow 1 : —Choice, 135 good, 12.00a13.90: | oy, "with print cloths unchanged at | roperti 2 T No. m1- X:;ed’"m' 0 la o Truscon S 0 medium, 10.50a11.. common, 9103 | g74 for f4x60s and 9% for £8x728. Raw in ) 0 fees are chlrged for ;‘o:nfllyuc(;::}tellov‘u, . i.‘).; Sl i 208, ST 50 silks were slow but steady. the District and neorby Montgomery Brn,ncln Office service; only large size, 1.75a2.00. : : 3 edlum, 8.00a8.75; common, 6.00a7.50. e o Co., Md. | JHE regular rates. Pears—Supplies light; no early sales " Vi3 | BallseCholce st T5a8.50: fa RUBBER UNCHANGED. 3 ABOVE SIGN 2 5214 Buig g s 18 s reported. : 7 e 27.50; common to medium,| NEW YORK, Octoher 31 (Special) =X | DISPLAYED The Star prints such an over- EEN Sapniics. Iheoal; demant e ; 6.00a s—Choice _stable, 7.752 | cryde rubber, smolked ribbed sheets - " ; ; Michi 50-pounc Tob. | by . i 27.00: Tunacr, S : BY whelmingly greater v light, market dull an, 150-pou ¢ : ;b 5 8. 47:00; common| was unchanged in oday’s noon Qo BOSS AND Pl 'EI FS | At e iy A}\zdurxisi;;mne]::?; sacks Russet Ru % ' Batts n 3 to medium, tations of 35% Thi: : . arte o g i 55 s of 35%. This compares with STAR v B, 1o -pound sacks, s Sheep and lamb—Receipts, 2,300 |34 a month ago and 4213 a year ago. | BRANCH dayithan oo e whites, C. 8. No. 1, 315 St vl oy il i 5 Founded 1907 ; OFFICES ton paper that there can be no u:—xou:d ’;aarl!;:.s_rm"ap-p‘ 2. : A Wateon™s )“ 7 er. Sheep, 2.0026.50; lambs, 7.00a14.00. A ¢ question as to which will give B T ot Dikrier i ror deb e #4 | Togs—Receipts, 3500 hend: fair, sup. Washington Stock Exchange John Hantoek’ Maraar Lt tnsurance Co. you the best results. beht. & S ales in NING STOCKS, ¢, market higher; lights, 10.00; g i olina and Eastern Sho ! nd | . g 5 1 , 10.60: medium, 10.50: rough _ SALES. 1417 K St. Main 9300 cloth-top _barrel, yellows, oty . 1 | . Jight pigse, 9.00: pigs, ¢ Potomae Electric pfd, 514e—10 at 1081 § “Around the Corner” is Eastern Shore Maryland, bushel ham Anklo Chil R ny o e L e Lokansion Monatene—10' at 106%. 10 ai 2 v"_rr‘ ""j;’;“'fl- o _hv,"_' | i £ B p e Merchanis' Transfor & Storage ptd.—30 at a Star Branch Office o s —Receipts, 400 head; light at & Tnvestment pfd.—50 at Hight, market « i e trned, market steady; calves, 6.00a U as 1.50; Oh d el <y d s e - Min . 1 May and Grain Prices. it Caulifiower—Supplies 1 ¢ > 4 £ xxl ‘\\ iter, exp rt, moderate, market str = : 3 red Win i Long Island, crates, 2.75. : " = Vinter, garlicky, ex! | 3 8 ] ot e Money—Call loans. ¢ WOOL QUOTATIONS. Al van, 04 | 3 Biiow_domentic, 98; BONDS. BOSTON, October 31 (Spec 6 Vi e corn, old, 5.00 per barrel, Bid and Asked Prices. o is wera | ‘vger” " ey o rye e S ats—No. 2 white, new, 571 asked; PUBLIC UTILITY. "h"‘"mM e ket bt i u.‘m Con 0l 3 , mew, '561; asked. Old| T Bid, Asked. o o ket, bu: 1 4 0 i bt ekt " 5 % mer. Tl ea. 4n s o trapeactions in territory wools were| 20 v Ol % B9 s selling 2 and 2t bushel over new | Amer T & Tolgs 4y s { s s o e Tel: & Tl siacker. Mills are shouing 1 : : iy A arby, 9321.00. Aniicostia ‘& Fol isposition to antic e 3 - 30, 4 1 i 12 tons. New hay | Avacostia & Po o “'; "1"‘ At S0 us Sone 10Emp ¢ & 5 o5 DE1Yb 1 | is arriving in only limited quantity. It e ht . < L B gz‘r"_”m"m r”‘l“ ‘“ "“ ¥ g [ biGivsou il Cor, %04 |is, therefore, mnot being officially | fami "ract] A ’ confidence g e e ish a0 r craded and sells strictly on its merits, b e AR 2 . e ] { within range of 14.00216.00 a ton Yoc: Tat 5 i, 101, i o it tmothy ‘and clover grades. Sighths bl at Straw—No, 1 wheat, 10.00a11.00 per lood at 47 ton; No. 1 oat, 13.00a14.00. guoted todiy xi 112105 asis, | 4 i S Y Dairy Farm Products. i j 'renc] con E 1 . i o 5 g hait| g i Live poutry—Turkeys, pound, 3 ! Byt 1.92 A e | enezuel i 714 ¥ spring chickens, 2 Leghor Wash, Rwy, & den, 83 103% 104 at 92296 and quarter blood b 1 ; poor and thin, 17a15; old hen 4 e Leghorns, 1 old roosters, MISCELLANEOUS. JARD OIL 155U EVERYMAN’S i GRS U 15 | et e el e | el for the best essay of 300 words (or less) on the subject 1, each, 40a90, . s | | et % rs—Receipts, 5 cases; mative k”"“"”("{v“""" Al ; i INVESTMENTS | | it e it Sl S R RS “Why Life Insurance?” BY GEORGE T. HUGHES, o e : % Sos |dom rrn(.l?g‘ru.l:rr, The contest is open only to employees of the Federal or Company desires to secure a number of short essays on Jutter to fancy creamery “Seasoned” Preferred Stocks. | z+ < O P | pounty Ak (B D s, L At .wT”T'w"nZ.r.'.'”’_" : 1645 District Governments who live or work in the District of the subject: “Why Life Insurance?’’ and believes that oprai X 3 | store packed, 23%; dairy prints, 33143 3 : Columbia, and who may be eligible to qualify under the Dby offering liberal rewards, it will get the very material . ieieired steax i ) ) Vacu SCl3314 1814 131 S ortees it 4 : e ; %1 : rumim,l:nr“lv:s of fl{, conteg:t. Theqx “izm', are Tequired. You may know little or nothing about Life ber o" matters ke into consid Sae BONDS, — e - ans it ‘rpu inf tomiwill beimailed o:q of Tequest Insurance, but this does not handicap you in the contest. B niry wericunts W Buper. | DA 0. 101 . 101+, | CHICAGO LIVE STOCK MARKET CRBycts LTI AR e mat'eC you UPOR IeQUES™. . We will furnish you all the information you need to equip Bt of course: i . : FaAm Co K 510113 102 CHICAGO, October 31 (P (United | %a It is not necessary to buy a'foe Insurance policy, or even you to write the kind of essay we want. The question is: s o - o . Sl Tl i - | et i 2 to carry Life Insurance, in order to compete, and no ¢on you write an interesting and brief story of not more oo & “(‘:::3.“;7_‘ > trads outior ¢ may A Seafing 4. 42 2 | Hose "". o ier aci e nots ol B i ; preference of any kind will be shown to policyholders. than 300 words, so interesting that it will be among the B s i b s | o dh AL E Bov o 0EG s e e e R - z: The A. O. Swink Agency of the Atlantic Life Insurance prize-winning essays? and so well protect ) i : 1 tnd weight, 9.85 to 10.35; 170 to that it is sirable pur ) i e ) 1 i . 1 10 5.90; 130 10 160 pounds, e SEIFEER, B, R S RO L TR i 8 Do You Want Some Extra Christmas Money? Amer. Secarity & Teust Co.. h. at | Cont around 2 | e b : . This is your chance. The contest opens on November 1ist, and closes on December 5th. The essays will be placed in 8 o ative i i ; b als the hands of the Judges on December 16th, and every effort will be made to select the winners before Christmas. carly 13.75 ; % The Judges, whose names will be announced before the close of the contest, will consist of four prominent Washing- leas dosiral ‘j’»"!‘:'\‘\'fl';:' Jambs, | p; esda. . tonians, and one representative of the Atlantic Life Insurance Company. 10 10.75; sheep steady es, 6.00 to 6 fe A L e ot W The Following Prizes Are Offered Receipts, 28,000 pead: cholce &1 o > oM ey Ko FIRE INSURANCE, nd - vearlinzs ~stend A i 18t Prize ..cveneeencancensnanansess $500.00 des glow, weal; she atock | (el shecss A 20d Prize evevuereeeeessosornsencs 200,00 25 Jower: bulls steady; veal- | Eiremen's 50 off: ahout 10000 Westorn | National Uion..".\"" "0 0 3rd Prize .. 100.00 assers in run; not much beef in TITLE rn continent; two loads of heavy | Calumbhia Title. 5 Iy 4th to 13th Prizes (10 of $10 each)..., 100.00 0.00- | Real Extats Tiije B o hse e 102 aivtoeaa | = P e ST T | Sl dev o, ot i Lt B i 14th to 33rd Prizes (20 of $5 each).... 100.00 - MISCE preferred s ) v smalier re- | & Daid md 125 stockers and feeders | Sath o i e 2 33 Prizesin all ......... $1,000.00 R 1008 active, strong. SILVER QUOTATIONS, aieral-American “endi , B : ‘A. O. SWINK AGENCY. 1on Monotype. S8 o ¢ fert ok In| 3 ‘ol 1 NEW YORK. October 81 (#)—Bar |} ) hran. &S : b X 1 o ol 5 5% SRl s e Lot Tt Atlantic Life Insurance Co. Kept ithout rruption eve: i 4 4 ! e i e, & ; 1 the di ashin, since P aia s N : 1917 1ipht | Many new hotels are being con- x : 519 Southern Building, w gton, D. C. It ix these records ( nous - 20 Kot ‘G aR iy PV etracted in ville, Spain, in connec 1 E pents that glve confidonce 1o, , 3o 1L tion with the Thero-American Exposl. | Wi " pon ” iien nd e: ain il tively g + g 0314 { ] asi o i cal I3 B o D ae ey ) 24 1038 Sony, Tk s o dpbaR RDCVER AL Wagdward, & Lothron oid.