Evening Star Newspaper, November 4, 1927, Page 15

FIN LIST AGAIN RISES Best Rails and Utilities Up. Japanese Municipals Are Market Feature. BY CHARLES F. SPEARE. Special Dispatch to The Star. NEW YORK, Nevember 4.—Insti- tutions were again large buyers today of high-grade railroad und public utllity bonds at the best prices in many instances so far registered this vear. The feature this week has heen the demand from select investment quarters of issues on which the re. turn ranges from 4% to 4% per cent. 4% vper cent. Some of the bonds which were in- fluenced by this buying were South- ern Pacific 4138 at an advance of a voint, Northwestern general 5s, Great ANCIAL Raceived by Private Wire Direct te The Star Ofica. UNITED STATES, (Sales are Lib3%e... LIbiIstiks 11 % US 3% 43-47 US3%s... US4s 1944, US4yss2. Argentine 5s. Argentine 6s Ju 59 Argentine 83 Oct59 Argentinefs A.... Arzentine fs B Australia bs 19, Australla §s 19! Austria Ts. Bank of Chile Sales " ST 000 ) Bigh Low. 101 15 10310 99 31 100 29 108 31 10127 10617 109 11 1411 101 16 10311 100 100 29 108 3 Sales Hich Low 10 90% 90% 24 99 9S% 9% 991, 21 100% 99% 99% $T% 106 « 104% i 114 1094 104% 9916 9215 954 %, Close. 11411 THE EVENING STAR, WASHINGTON, D. C. FRIDAY, NOVEMBER 4, 1927. “INVESTMENT BOND | Lz BONDS mscmmen] SPECIALTIES GAN Sales Hizh Low.Close. 28 103% 108 103% 22 108% 108% 108% 1100 100 100 87% 87 8T% 1034 103% 1034 104 103% 104 101% 101 101 | USRub7%s U 8 Steel sf &i Vertientes Sug 7 Warner Sug 18 39.. West Klec 5 Westinghouse Wiison & Co 1st 6s. Winchester A 7%s. 106 106 106 Youngstn S&T 6s.. 8 105% 105 105 RAILROAD. At&S Fevt4s05-56 4 91% 91% 92% Atchison gen 4 11 97T% 9Th 9% Atlan C L 4155 64.. 14 101% 101% 101% Ati & Dan 15t 48 7 82 82 82 Atl & Dan 2d 1 76% 764 764 6 9T 96% 9T 100 99% 99% 104% 1049 104% 105 104% 105 109% 109% 109% 102% 102% 102% 112 111% 111% 96% 96% 96% 105% 105% 106% 87 8T% 8Tk 95% 95% 954 100% 100% 100% 984, 98% 98% 9915 9915 99l 115t 116 116% 88% 88 88U K 26 24 7 X Can Nat 4155 30. Can Nat 4135 64 Can Nor 4%s 1935. ON GURB MARKET Rises and Slum,s Mixed in General Trading—DOils Have Rezstion. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, November 4.--New high recorde were established in a number of specialty favorites during today’s trading on the Curb Exchange, but it was evident from the action of the market as a whole that speculati~e sentiment had been affeciad by the increase in brokers' loans reported after the close vesterday. In view of the heavy liquidation which went on during the earlt part of the period covered by the figures NEW YORK CURB MARKET Received by Private Wire Direct to The Star Ofice Following is the list of bonds and stocks traded in on the New York Curb Market today: Sales INDUSTRIgLS in hundreds. KD 2 Allison_Drug_A. 20 TAlum_ Co n pid. 104% Am Bak A 7 o 3 4 o I 1 08 14 2B e i Sz 3 = P FRSAE =5 oA W o ¥ Bueyrus Co C O D lt.;‘ MENUIR w. 24 Celan Cor Am n 10 Celan C A 1st ptd1 3 Celluloid Co n.. 12 L lMIIu Co n 1st pi e @ “ Low. (o - e - sz mo DELa5 caiikeSmmens: - RESISESE e, @ 8 STREFEFE FE e D R I O ER R EPREERRE Sales in thousands, > i, Co Am T Am Cyansmid B 18 A Gas & EI 6s. 1. 1Am N G 6 ] =S PEESTT BB R o1 ID e 2xzzesusDoD: F SRR SESTBISITEELE3E 53 s Rs. 97 e Meo € dise ua ‘ont'l Sec 5 A. dahy” 5 dahy ot Cty G 5% R t Intl Bigs, et Intl s Emp O & R 6 Bs. FINANCIAL, COTTON LOSES GAIN OF EARLY TRADING Lack of Buying Power After Initial Rise Lets Prices Slip Off. By the Associated Press. NEW YORK, November 4.—The cotton market opened steady today at an advance of 7 to 12 points on buy- ing apparently based on relatively steady Liverpool cables and a tend ency to reduce esiimates of the crop. The bu).ng was not particularly ac- tive, ho er, and, after selling up to 20.90 for January and 21.18 for Ma: or about 12 to 15 points net highe: the market cased back to about yes- terlay's closing quotations under real- izing. Two private crop reports were i sued, one placing the indication at 12,735,000 bales, against 13,250,000 last " 15 . WILL INCREASE EARNINGS. NEW YORK, November 4 (#).— About $10.000.000 annually will be added to gross sales of the Borden Co. through its acquisition of Reid Ice Cream, with an increase of more than $1.000.000 a vear in net earnings. The basis for exchange of stocks, to be announced later, is expected to be one share of Borden for two shares of Reid. A possible stock dividend by Borden also is heing talked about. STEEL SCRAP WEAKER. NEW YORK, Novembter 4 (#).— Iron and steel scrap prices Chicago district continue to sa 2 Id to an in. dependent mill at $11.75 a ton, or 25 cents under the lowest price previously paid by a consumer. ¥y melting steel is quoted at $11.50 to $1 most other grades are off 2 a ton . REYNOLDS SPRING LOSES. NEW YORK, Novenber 4 (P).— Reynolds Spring Co. had net loss of $33.615 for nine gainst net los: Northern Bs, Elgin & Joliet 5s, Union Pacific 41s, Burlington 413s, Oregon & Western 4s and Northern Pacific 6s. Frisco 4s Attract Notice. In the secondary list of rails there ed Sue —ATTENTION— Surety BONDS Executed Without Delay Firest T & R $a1% | month, while the other made the indi- cation 12,658,000 bales, compared with a mid-October indication of 12.663,000 bales. The latter report estimated the ginning of 9,861,000 bales, or at 75 99t 99'% 99 108% 108% 108% 95 95 95 104% 104% 104% 995 991 99% a good sized decrease had heen ex- pected. The result was a mixed move ment of prices throughout the greater part of the session with gains and losses intermingled. 4 | Car Clinch&O 6s 52 Central Paclfic ¢s.. Py = Sc was active interest in such issues as Frisco 4s above 91, Southern Railway 48 and the higher coupon bons of this same mortgage, Soo Line S5s. Rock Island 43s, Erie general 4s and refunding 5s and Missouri Pacific bs. The Seaboard group was a little heavy. with a new low price on the all- Florida 6s, which cover the mileage of the road where the sharpest de- cline in earnings has occurred. Public utility bonds, including those of the telephone companies and the hest of the light and power corpora- tions, and industrial issues. such as| United States Steel 58, Smelters 5s and Westinghouse and Wetersn Elec- trie 5s, were firm. There was a heav tone, on the other hand, to the sen speculative bonds of manufacturi cempanies which was conspicuous in United States Rubber 5s and Tias, (Goodyear 5s, Armour 5%;s and in the Sinclair issues. Marine 6s, after an early decline, advanced above 104. Local traction issues were % to % lower. Japanese Municipals Strong. In the foreign group the feature was the unusual activity in Japanese municipals. City of Yokohama and City of Tokio bonds were up 1 to % and the government issues a little less. There will probably be new financing in behalf of Japan shortly. French issues continued to gain slow- 1y. and in some quarters of the Ger- man list there was further improve- ment. However, scattered liquidation save this group an irregular appear- ance. South Americans were gener- ally higher. *~ * l’!nn.egd States Government bonds rallied from yesterday’s decline, The best buying ‘was in thé long Treas. ury certificates. A new issue of bonds 10 take care of approximately $750.- 000,000 of second Liberty 4%s which will be unredeemed on November 15 is to be made and the terms of it an- nounced on Monday. — Washington Stock Exchange saLEs. : Electric et 55—$1.000 at 5‘.‘::::".1““:3‘057‘,% 5, 10 at 108, 5 u')u‘n“n’:‘nfllfih;ohl‘h?}'o at 52, 10 at Bton_ Bvy. & Electric ptd.—10 st 01% % at 105, Sanitary “Grocery Co! —20" at 102%. 10 at 102%. 20 at 10235 AFTER CALL. Gas §s—S$1.009 a4 103, ‘ashington Ge B—E1.000 at 105%. t 108, Columbia & Gravel' pfd~10 at 102%, 85 at 4 . Tel. 53—51.000 at 101%. ‘\:fifngx& Gas ts A—S3.000 at 105 TUNLISTED DEPT. goguasie Sacks 8% pid—40 at 102, 10 at Money—Call loane. 5 aud 6 per cent. BONDS. Bid and Asked Prices. PUBLIC UTILITY. 2 a PR EEESEe @ Asked u_....au:»' = 20 32 R BRI BEE NS =3 BIRN e - S MISCELLANEOUS Ross. Inc. 8%s. . h ~{' l’ll;.?e B8 sh Mkt & Wardman Park STOCKS. pmer, TR & Telca 1 : ol 25 o 3 ] g gy B e B g 2 ;&u«uu “Meiropol & ¥ B ot TROST COMPANY. Amer. Security & Trust Co.. 45 Herchanw® Bank' National Savings Tinion .t .. Wash. Losn & Trust.. SAVINGS BANK. Bank of Bethesds. Commere & Savi Washington. men’ National Unfon TITLE Columhia Title.. . TEetate Titfeg al o EvtCo o % MISCELLANEOUS Barb Ross,_Inc.. com. Chevy Chase Daury v Commercial Nat. *Ex dividend . COAL MARKETS WEAK. NEW YORK, November 4 (#).— Bituminous coal markets of the United States are sull struggling to effect a balance between supply and demand, ‘oal Age News reports. So far thi ral results have nmot heen v * successful, and the pressure of unsold tonnage on wheels at mines, junction and terminal points weakens the en- Hire price structure. Steam coals still r beay the brunt of the attack. Chile 83 1941 Chile 88 1946 Chinese Gov Ry 5s. Copenhagen s ct.. Cuba §%s... . Czecho 7% ret | Czecho 2. Danish Munte §s Danish Munic 8s B Denmark s Dutch Bast 1 Dutch East | 6s 62, { Finland s f 63 45... Finland 7s. Framerican 7 Ger Gen Elec 7s. Greek 7s. Halt! 63 .- Holland-Amer Hungary 7% Italy 7 Italy Pub Japanese 4s. Japanese 6% Lyon 6s....... Mexico 43 0¢ asntd Mexico 4s 1 Milan 6% Montevideo Rio de Jan 85 1946. RiodeJan8s47... "| Swiss Conted 8s... | Toho Elec Pow 1s. | Tokio b8 Tokio 5% Utd Kingm 5% 29 | Utd Kingm $%8 37 Yokohama s wi.. MISCELL, Ajax Rubber 8s.,.. Am AgriChem Tls Am Repub deb és, AmSmit & R 1st Am Writing Pap 69 Anaconda 1st 61 Andes Cop 7s rets. Armour&Co 4% s 39 Armour Del fs. . Associated Ol 6s., Atlantic Refin 6. Barnsdall 6s x:;o . Beth Steel pm §s. Beth Stee! 5% 53. Brier St 18t §% Bush T Bldg 65 60. Central Leather ¢s. Chile Copper §s. Con Coal Md Ist bs. ConGasN ¥ 6%s.. Consumers Pow 5s Cuba Canecv 8s. Cuba Canecv 7; Cuban Am Sug 8s. Davison Chem 6% Denver Gas 5 Dery (DG) Ts. Dodge 68...... East Cuba Sug 7%s Fisk Rubber §s. Goodrich 6% Goodyear §s rcts Int Paper 5s 47.... Int Paper cv 6s sta KanG & K1 6862., Kelly-Spring 8s.., Laclede G 5%s 52. Liggett & Myers 53 Liggett & Myers Ts Lortllard (P) b Lorlllard (P) 7s... Loulav G & £ 68 62 Midvale Steel 5s Montana Pow 5s... Mor's & Co 18t 4%s New Eng Tel 5s. N ¥ [diwon 6% NYGELH&! NY Telags., N Y Tel6s ¢ N ¥ Tel 6s vee North Am Edis 5s, NorOhto T & 1. 6s. Nor States Pow s, PacGas& Kl bs. .. PacT & T vt 68 Pan-Amer Pete 6 Pan-Amer Pe! Phila Co 8%s 3i PhilaCort6sA... Phila& RAC& 1 59 Plesce-Arrow . Plerc Public Service ; P 8erv G Remington Arms 6 Sinclair O11 6 one Sin Pipe Line 53 | Skelly OI) 6158 | Sou Bell Tel 5s.. | Southwest Beli'as. | Standard Oil N J 5¢ Sug East Orlent 78 Tenn Elec Pow 8a. -do Edn 1st 7 ' Undted Drug 6s. U Rub 1strfbs. . 226 9% 108" 108% 111% 111% 105 4 104% 104% 95l 100 1044 105% 4 114% 110% 96 106% 100'% 102% 97 993 100% 101% 97% 95% 913 101% 99% 25% 14 | Cuba Nor 514 scts b3 1024 102'% 99% 100% 102% 102 108 96% 95% 4« 101% 6 107% 2 105 1103 1073 105 105 % 105% 91% 106% 106 100 102% 99% 971 1045 104 108% 113% 984 76% 13 118% 9 106 66 95% ANEOUS. 5107 107 6 104% 104 1101 101 5 102'% 102 108% 105% 99% 104% 105% 108t 4% 100 93% 1045 14 108% 108% 24 106% 106% 14 890% 90% 20 x8% 88 2 102% 102% 2103 103 67 100% 99% 3 106% 105% 4 107% 107% 16 100% 100% 6101 101 10 108% 103% 4 104% 104% 2 105% 105% 2 222 222 1104 24 105 954 1 824 14 1061y 4 104 963 1 931, 4 107% 1064 1044 96 9314 107% 101% 100% 50 84 + 103 119 107% 9% 103 99% i 11 105% 42 104m 4 100% 7 109 4 108% 99% 102% 108% 104 100% 10815 103% 104 95% h 102% 104% 1064 108% 104% 1041 122 Y8ly 1170 103% 100 104 6% 1064 116% 95 100% 109 110% 11 100% 2 1044 2 86% 1 106% 2116 9 5% 101 102% 103% 103 105% 104% 1041 104% 105 103 100 44 1031 1100 6 0074 2 1B 108% 10714 107! 1 FLERTIN 104 824 9% 105% 105% 107% 105 105 105% 92 106% 106 100% 102% 99% 97w 1043 104 1034 113% 98% 6% 89 118% 106 102% 108% 106 99% 93% 104% 104% 122 Y8 1% 108% 102% 103% 103% 105% 104% 105 103 100 1074 107% West Md 5%877... 60 10214 102 108% 107% v5t%e 93% Wis Con gu 4549, e 100% 100% 100% 101% 101% 101% 98 98 98 102% 102 102% 108% 108% 108% 92% 92% 2% 2% 64% 645 64% 64% LI 6474 64% 98% 65% Amnnlanrsganon CB&Q4%s77B.. Chi B& Q1st rf 5s. Chi & K 111 gn 88 51 Chi Gt West 4559, CM&StP4s? C M&StP ¢s 25 cf = P - =0 | CM&BPevs sgsazet: ICM&StPgn4k%s CM&StPrf4tes., CM&SP rf 4138 ct. CM&SP ov bs ofs.. 1027 102 110% 110% 110% 105% 105% 105% 82% B82% 82% 954 94% 95 96 95% 96 101 100% 101 95'% 94ia 954 101'3 101% 101} 104% 1043% 104% 117% 117% 117% 91k 9% 91% 104% 104% 104 102% 102% 102% 105t 106% 105% 109% 109% 109% Yo% ChiTH&S E5s. Chi T H inc 63 60 Cht Un 8ta 4%s.,, 25 Chi Unlon Sta 58 ¢4 2 | Chi Union Sta 6%s. 2 {Chi & W Ind cn 4 |CCC & St L 6s. jCCC&StLrt Clev Term 5s. {Clev Term 5%s. C&S st ds29. Colo & Sou 4%s5... Cuba R R5s.. 96% 961 96% Yo% 96u 95 104% 104% 104% 106 106 106 92% 92% 96 96 84% 85 96% 96% 88% B8% Del & Hud 1sLrt 48 Del & Hud b%: | Del & Hud 7s Den & Rio G cn ¢s. Den&RioG 4% 36. Erle 15t 00ns 45..+ Ertegends....... 178 Erleconv 4sA. E Erieconv 48 B, Erie cvt 5s 67 9% 4 114% 1 128 8% 98% YN 1115 115 115 | Great North 48w 108 99% 99% 997 Gt Nor 4%s 16 100% 99 100% Great North bs. 41 108% 107% 108% Great North 5% 13 112% 112 12 Gr Nor gen Ts. 15 1154% 116 115% Hud & Man ref 8. 21 102> {02 102}y Hud & Manaj8s... 16 92% 92!5 92 i 11 Cent ret ¢ 1 9T% 9T% 9T | 111 Cont 4% 8 6 101% 1013 101% 11 Central r£ 5556, 6 11l 1111 111 IIC-C-StLit4%s. 8 100 994 100 111-C-C StL&NO bs. 10 108 107% 108 int Rapid Tranbs, 13 78 77% T4 Int RapTr 6astpd. 47 78 77 77k 123 99% 99 994 84 95 95% 96% ¥l a1 14% 143 2 4l% Al 4l 10 96% 96l 9BY% . 67 T TT% 1% o 95 1023 1011 102% 28.. 9 100 9uin 100% o 4 9% 99% YO% Lehigh Valen4s.. 5 9l 91 9l LehiVgen 4%5 2003 5 101% 101% 1013 Louls&Nash unids 9 98% 98l 98l Louls & Nash 65 B, 4 108% 108% 108% 10 105 105 105 1 99% 99% 99y 1 103% 103% 103% M1l K1 Ry & L bi 1 1024 102% 102% MStP&SSMcndés 19 90% 904 YO0 MStP&SSMbs3sgLd 13 99% 99% 99% 4 92% 91% 92% 39 107 108% 107 7 104% 104% 104% 15 79% T9% T9% 6 102% 102% 1024 191 101 1007 101 5 56 % 56 56 10 9% 9% 9% & 105% 105% 106t 1 86 86 %9 1 96% 96' 95l 0 104% 104% 1044 16 108% 109% L0y% 3 108% 108 1081 IL 8eh Bdle 4% NYChIESLL biuA. 40 107 107 107 | NYChieStL b}psB, 20 107k 107 107 NYC&StLSsA. 6 103% 1027 102% NYNHavk H3us 2z 70 171 77 New Haven4s65.. 5 B4% Bi% 8% NY N Hav&kH 4556 12 85 ¥ NY NH&H db4s57 17 79 78 T NYOnLWwistes.. 1 ¥l slls Bl NYO&Wgen4s56 10 79% 79% T9% 23 1% 4% lib 9 oW 15 T4 16 54% b4k 54k L BSl 88l BEl 6 B% 96 Bl 1 98 98l 9B 3 1% 0% 0% Nor Pac ¢%48 2047, 2 103% 103's 1034 p C Am Int Ry CA6%srct lowaCentrf 4s.... N Y W& Bos ¢48. Nor & 8 gen 68 54 Norlolk & W cn 4 | Nor Puc 38 2047 Profit-Taking in Olls. . Perhaps no other group of stocks at the present time is coming in for as much comment as the of's They were higher for a time after the open- ing today, but encountered profit- taking, which in many instances car- ried prices below the previoua closing as the market went int> the sccond half gession. Losses wers finally recorded in Standard of TIndana. Vacuum Oil, Humble Oil and Okio Oil, although they were limited w0 within a point in most instan: Illinois Plpe Line was an oxcept'on and es- tablished a new high for the vear at 17 Buyers of oil stocks have met with so many disappointments during the past year that they were reluctant to come in on the buying side in any large way. It could not be denled, however, that the decision to extend the Seminole curtailment agreement to January 1 was an encouraging factor. Gulf Oil of Pennsylvania pro- vided the feature of the independent group, also reaching a new top at 98. Specialties at New Top. Among the speclalties that made their best prices for the year were Universal Leaf Tobacco, Kemsley Millbourn and Tubize Artificial Silk. Reo Motors was well supported above the 25 level. The settlement date for subscriptions to the block of stock recently offered privately is set for November 9. Inasmuch as the price of the stock was 27, some were anticl- pating an upturn to at least this leve! before contracts bave to be settled. Public utilitles again moved with a good deal -of indecision. Electric In- vestors was actively bought at an advance of a point. Lehigh Power gained a half point and Blackstone Valley Gas & Electric, which record- ed a gain of almost 13 points Thurs- day, felt the effect of profit-taking, which carried it down almost a point. Changes in others were confined to small fractions. Electrlc Refrigera- tion Gs broke badly again into new low ground. —. HUPP RUMORS DENIED, NEW. YORK, November 4 (#).— Bankers for Hupp Motor Car Corpora- | tion deny rumors that its control is passing to new interests or that a merger of Hupp and Studebaker is being considered, These reports ac- companied a rise in Hupp shares to a | new high record. — SYMINGTON CO. PROFIT. | NEW YORK, November 4 (F).— Symington Co. earned $1.19 a share on the class A stock in the nine months of 1927, against 21 cents a share on the no par common, after | flm{m A di\'ide{xds, in the same period 5 year. Net profit declis $29,004 from $863.3%5. Rl CONSTRUCTION HEAVIER. NEW YORK, November 4 (#).—The money value of engineering construc- tion contracts awarded in the United States in October was 5 per cent higher than a year ago, reaching $251.. 988,000, compared with $238,844,000 in October, 1926, Engineering News-Rec- ord reports. — RUBBER ADVANCES. NEW YORK, Novi clul).—Crude rubber, b sheets, advanced 1, a quotation of 333 (Spe- :n;zkdtd ribbed lay’s noon 35%. This compares with 2 month ago and 41% a year ago. TREASURY CERTIFICATES. (Revorted by 7 & W Selieman & Co.) Rate—Maturir B Ronn. 439 Dec: 15, 1927 . e Mar. 15 162 3%s Mar. 18 10: Wall Street Briefs CANADIAN PACIFIC.—Crop business conditions in Canadflh‘ifl yner:l]' are excellent and, with new money from this large crop yield. good busi- ness next year is expected, in the opin- fon of E’ W. Beatty, president and chalrman of the Canadian Pacific Rail- way. In view of the fact that the crop has been late, there will be a large carry-over, which will mean heavy Northern Pucr 168 43 115k 115 L1k UreShort Lrfs4s. 10 ¥9% Y9% uoh (5 Y 109% 109% 108% Ore Wash 18t 48.,. 16 2w 924 ¥2n 1 7 1044 104% 104 16 112% 1124 112% Z 104% 1U4% Ludia 1L 112% 112% L12% 10 106 108 lué 10 46% 45% 47% 3 104% L04% 1045 42 114 lizw 116 10 114 112% 114 8102 12 10z 1 10T% 1074 1074 10 102 102 L02ik 3 Bl Bl ¥l 6 Yl YTn Y1 10 uYls Sk uhl 1 101% 101% 101% 9 ¥8 W% YT 19 9% 91 Yl 48 105% 103% 103% 29 Wik 103 103Y% 32 Wl L0l% LL% 1o 99% 99 9y 6 Y8 w2% 93 4 Bity 83 T2'a T2 B2y ¥Zla Bl Yl Yb% 97 ¥3% Y3% Y6k Y6k Y Y9 yTh 97 36 103% 103 108% 6 ylly wlk Yiw 11 12 112 L2 4 1lys Ll L19% Iteading sen 4 % 110 G WesL el 45,4, RlArk& L% UL AL 48 5V, Sthe L MéS gu 08 81 SUL 13168 K&U 48 StL&SKpIesA. StLL &8 b prin bl Seab A L con 15 All Fla 63 SB All ¥'la 68 358 > Sou Pacitic tef ks Sou Pac 41384 Suu ity geu Sou Ry Con bs ¥4 3uu Ry 63 56. Southern Ry 6'%48. 10 LBy 126% 1284 LexArk K5 0%2300 o 1U6% LUGYs 106k Lexas & Pacilic 1st 39 1U3% L0214 103% Third Averet 4860 4 674 67% 69 'hird Ave ud) b 8 584 o LB Tol Tt L&l 6%830 5 100% L00% 100% Uniou ’ag 18t Ff 48 10 Y8% 96% Y63 Un Pac 4¥s 34 99N w9 YN UnfonPac st ref 58 3 11344 1134 1134 Union fuccv 8... ¥ LUl 101 101k Virginis Ry 18t 88, 12 109% 109% 1094 va Ry & P88 15 101% 101% 101% 1 104 104% 1043, 1 104% 104% 1044 3 10T% 107 1074 West Maryiand 4s. 14 864 ¥6 Wheel & L Ecn 4 s 92 92 Whel& LErf4%a 3 9 95 95 1 86% B86% 86% traffic in the first part of 1928. MERCANTILE MARINE.—Directors %loth‘:hlcn‘:ernnuovl\nl Mercantile Marine .y ssed only routine busi: their meeting yu’!’erdly. e AMERICAN STEEL FOUNDRIES. ;;%morlun Steel Foundries earned -37 a share on the common in nine s-let;‘v:’t.hl ;:3 y:a;’lsf;er preferred divi- 3 nst $3. same period of 1926. R CUMBUSTION ENGINEERING.—F., . Lewis, chairman of F.J. Lewis Man. ufacturing Co., was elected a director of the International Combustion Engi- neering Corporation. George E. Lear- nard, president, reported to the direc- tors that the corporation’s business was good, not only in this country, but In Europe, where large, new power- plant projects, emhodying superpower :Iv;'llions. were under dctive construc- RATE UNCHANGED.—The F Reserve Bank of New York m‘%fl.ernn; change yesterday in its prevailing re- discount rate of 31; per cent. MOON MOTORS.—Stewart M - ald, praaident of Moon Motor Cay ton. reports ovders for November and De. cember delivery exceed those of any two consequtive months this year, SOVIET OIL XPORTS.—Soviet oll exports for the fiscal year ended September 30 amounted to 2,038,000 metric tons, breaking all Russian rec. ords, the Soviet Union Information Bureau reports. The previous high mark was 1,837,000 metric tons in 1904, Gasoline and fuel oil formed 68 per cent of the year's exports. Italy was the largest consumer of Soviet ofl &-:duc s in the year, 447,600 metric 8, CHANDLER-CLEVELAND MO- TOR.—Net_ profit of Chandler-Cleve land Motor Co. for the third quarter declined to $170,164 from $381,612 in the third quarter last year. EUREKA VACUUM CLEANER.— Bales of Eureka Vacuum Cleaner Co. for the third quarter were 11 per cent ahead of the same period last year, The company is still behind orders, oS REET ter ‘A 45 flor Pw 7s ptd. 104 % d Mo Co Caii 578 P e 0c n wi.. 28T oe vl? wi zg& l-pumatc. 39 100 241 1 L L 1 1 # Helima 5 Hers CI 58 Hers Ch 1 Hers Ch 1 Holland 1Huylers vfd.. 1 Imperial ~‘Tob. mp To 38 Ind’ Ray, Cor i Intern Util 1% Intern Ul B. Intern Ul innear Stre Lackawan Sec Js Lib Owens Sh G Long ni Lt - 3 3 SC L i & agisis S 1 D EOFPES EFNT % S R B B B 2 I AR RS s S FFFFARR oy S 7 feway Stores. . 2 Selfr Prov Strs. .~ 4 v El Corp... . v ECn vic 17 Stand Samit " BStuts Mot n' AL Univ “Leaf Tob, S Freicht n Fre est Auto Su pf 203 vhiSewM deb ris 11 MINING STOCKS, o iT Seprmi B Es REEE Shattuck Denn . Uni Verde Ext. Wenden Co) 18 Yukon Gold. v B ti-RaREENE Sl a9 ki a3 2n B et S Soncs SRt R e R S EER R N - 3 < Ered 33 33 Boms e aes S B 51 B R e a 2 39 moug S S s 5 Rich 38 Salt SEEEE G R PSRRI SR 2omiois e AR i S Sales STANDARD OIL ISSUES, i it 00 Anelo Am_OJl... E?o Bekere e oL 10 Gi [ 4300 Humt '1:.6, mp O Ci 2 G 0 S G S Sk S 30 F RIS R 3 & 25 e ooy S B DR e s e - o SRR SEEESREEEEE F s e N EERSadns FFREERF S & F e E8Ee2 ¥ OF ® R E | iz 1 0014 282 P &L Interst” Yow 5 2 R o * Kems 1] 6 3 Lib MoN % T gn 197 J: hnllElFlf,l G Samto B 43 Mase : : chrescess ES3E5ES - % % e Gk 108 SE5S: & 22 PEEE B SEEEEEO0 S5 Scocaozes! SSES5ER! SoecrcaveSores SEERESESITSRERES 2 2 W, " o2 =& W ORERRRAE FER FRIEERR FESEPIEEN (et =350e5! s St Tt meohs oy Seos ERES REST [etutotoatorey £ FRSEER IR R it it 3 333023, 202! 53 3 SREE =R, 33 555555 vek: S wnneann=ESE NS [ 23 ommEEm E5E 2853233 5= 35 e oo i i md" L1-'01; 1GN. nonh o sands. XDS. 2Ag M Ba ' 46 ;D! 12 Ax Mor 1 Baden 7s o 11 Batavia Pet 4% 5y i oy 517 3 Brishane 58 '87 Eaoze S23EES rd . & = soZxcpeSresses 253RIRERT2EEIRSE 3 EEENE ST 1 Nurembery 21 Perelli 75 Poru 78 i 40 Poland 871 DA ¥ ol 29 94 BALTIMORE, November 4 (Spe- clal),—White potatoes, 100 pounds, 75 a90; barrel, 1.25a3.00; sweet potatoes, barrel, 1.25a2.00; yams, barrel, 1.50a £.01 022.00; _beets, ki jprouts, quart, ; cabbage, 100, 2.00a3.00; cauli- flower, crate, 100 2.75; carrots, 100, 2.50a3.50; celery, crate, 1.2522.00; ka! bushel, 25a30; lettuce, crate, 1.50a2.75; lima beans, basket, 90al.25; onions, 100 pounds, 1.00a. H 100, 5.00a10.00; 40a50; spinach, 5a65; Savoy cabbage, bushel, tomatoes, basket, 40a1.00; green, 25a35. Apples, basket, 25a75; barrel, 2.50a 6.0 rapes, basket, 12a18; grapefruit, 3.0024.25; oranges, box, 2.00a4.75; pears, bushel, 1.00a3.00; keiffers, bushel, 40a65; quinces, bushel, 1.25a 2.25. Hay and Grain Prices. Wheat—No. 2 red Winter, export, 1.33%; No. 8 red Winter, export, 1.30% ?1;’."&2 r;d V;'lnte;. ‘5?rllck3‘. export, -8232; No. reg nter, licky, export, 1.2935. Ll Corn—No. 2 yellow domestic, 98; cob :oax;n. old, 4.90a5.00 per barrel, nomi- Oats—No. 2 white, new, 574;a58; No. 3 white, new, 5613a57. Old oats sell- ing 2 and 2% bushel over new oats. Rye—Nearby, 9021.00. Hay—Receipts, 12 tons. New hay is arriving in only limited quantity. It Is, therefore, not being officially graded and sells strictly on its merie, within range of 14.00a16.00 a ton, timothy and clover grades, Straw—No. 1 wheat, 10.00a11.09 per ton; No. 1 oat, 13.00214.00. Dairy Farm Products. Live poultry—Turkeys, pound, 35a 40; Spring chickens, 24a25; Leghorn: 22a23; poor and thin, 17a18; old hens, Leghorns, 15a16; old roosters, ducks; 22a24; small and poor, geese, 20a24; pigeons, pair, 20a 30; guinea fowl, each, 40a90. Eggs—Receipts, 1,547 cases; native ::d nex:lrby cm;x“)ear;tz receipts in free cases, dozen, : strictl, 3 dozen, 45a47. N fsen Butter—Good to fancy creamery, pound, 45a49%; prints, 49%a51%; g:sofi :, 48a60; II(:?!I uahll: rolls, 3312a : store packed, 8313; dai 3314a86; process bumf—. dhz. g nhagen. crown grlo, crown, tockholm, " éfowi', . SILVER QUOTATIONS. ' NEW YORK, November 4 (#).— P oot of the indicated crop. |_The narket remained quiet later | with the price movement comparative: 1y narrow. After selling off to 20.75 for January, the market advanced to 20.91 for that position on a renewal of covering, but the bulge was not fully maintained. At midday the market was quiet at net advances of 4 to 5| points. New York Cotton Exchange | members, on the average, according | to a canvass made here this morning. | expect a crop estimate of 12,555,000 | bales. WHEAT VALUES DROP | IN TODAY’S DEALINGS | H | Selling of Grain Into Storage and | Shipload Arrival Factors—Corn Prices Are Firm. | By the Associated Pre; CHICAGO, November 4.—Wheat prices underwent an early setback to-| day, influenced by selling of wheat into storage here and by arrival of an-| other shipload from Duluth. It was) pointed out, however, that the Duluth | cargo was of premium character and unlikely to be delivered on speculative contracts. Opening unchanged to %c off, wheat later sagged all around. Corn, oats and provisions were firm, corn starting unchanged to %c higher and subsequently holding here to initial figures. Increases to the stock of wheat in Chicago today were emphasized by word that the amount of wheat .at Minneapolis had enlarged 925.000 bushels in the last week and that nipeg arrivals were still in excess of the receipts at this timz last year, al- though smaller than those of a week back. _Meanwhile export business overnight at the Atlantic seaboard ap- peared to be again next to nothing. Firmness at times today in the corn market accompanied reports that the Pacific Coast trade is already reac V'ng into Kansas and Nebraska for cor 1at better prices than Omaha or St. L 1is are paying. Predictions of clou/y. moist weather over portions of the market. PSR NATIONAL BANK SHORTLY| Special Dispatch to The Star. BALTIMORE, November 4.—A new national bank, the Catonsville Na- tional Bank, will be opened shortly with a paid-in capital stock of $100,000, thorization by the comptroller of the currency. than 15,000 persons reside. Catons- | Co. of Baltimore. Tentative plans for the new bank provide for the election of S. J. Van ||| Lill as president, Dr. J. Carroll Mon monier, Robert Clarke, George Heinmueller and Henry C. Roesser as vice presidents. ——— FEDERAL LAND BANK BONDS. (Quoted b+ Alex. Brown & Sons. Closing.) 1.‘.-)::'“)'%' T e e S0 ratezswcsssse SRS RIS PRICES ON PARIS BOURSE. PARIS, November 4 (P).—Prices were irregular on the Bourse today. Three per cent rentes, 54 francs 60 centimes; exchange on London, 124 francs 21; centimes; 5 per cent loan, 73 francs 90 centimes. The dollar was quoted at 25 francs 4714 centimes. lines of prescribed fa _curing them. Paris First Mortgage Money Our funds are ample. for unvarying quick act Low Interest Rates and Commission corn belt tenc d also to Jphold the ||f CATONSVILLE GETS NEW || it was announced today, following au- |} The new bank is to serve a Balti-|[| more suburban area in which more | ville now has only one banking insti- ||| tution, an office of the Union Trust | Geo. H. Price Co., Inc. F. H. Deland, Pres. 815 15th St. Main 4793 fices Saul Building 925 15th St. N.W. Several desirable rooms at very reasonable rents. Inspe tion Invited. B. F. SAUL Co0. Main2100 92515th ST.N.W. reinvestment of Liberty Bond Funds —ask us about First Trusts — on ecritically appraised residential properties in the best sections of Washington, Protected and prof- itable investment. - MKEEVERAGOSG 1415 K Street Main 4752 INSURED Mortgage Bonds Insured with the Equi- table Surety Company (under supervision of the New York State Insurance Department), w h i ¢ h pledges its two million dollars of resources to the payment of principal and interest. fiUnconditionally guaran- teed by the Federal Se- curity and Mortgage Com- pany with $1,000000 re- sources. fSecured by trusts on con- servatively appraised, owner-occupied property in the District: 20 ! FEDERAL | Security & Mortgage Co. 1412 K Street N.W. Washington, D. C. send me more tnformation Insured Mertgase Bonds. Maturities 1 to years. +§500 to $1.000. Deferred pay- ments. Please about Name Addry Adaptability It's an art in shoemaking to adapt the shion to lasts which recognize that “caring for feet is better than " In this we have the successful endeavor Of America.a afld London‘u best makers 0‘ Mefl“ Sl’loes—-and our conlervntive store management permits conservative prices. Ten to Eighteen Arthur Burt Co., 1343 F Street Washington London Our methods provide ion. See us first. Immediate Answers on_Applications B. F. SAUL CO. Main 2100 Bar silver, 57; Mexican doflars, £3%. 925 15th St. N.W.