Evening Star Newspaper, November 7, 1927, Page 12

» D. C., MONDAY, NOVEMBER _7. 1927. UYING IS NORMAL IN LOCAL MARKET Fine Weather and Attractive | Display of Commodities Today’s Special Feature. 12 UPSWING RESUMED INCURB MARKET Many Early Gains Extended | at Today’s Session. Specialties Lead. EVENING STAR., WASHINGTON, 891 it THE .NEW YORK CURB MARKET Received by Private Wire Direct to The Star Office market dull; Eastern Shore, bushel hampers, yellows, 85290, String beans—Supplies liberal; mand slow, market dull; Florida, %- bushel hampers, green, 2.00a2.25; few fancy higher, 3.00; Virginia, Norfolk section, 5-peck hampers, green, 2.25a 2.50;, mostly 2.23; North and South Caroiina, bushel hampers, green, wide range in prices, 1.25a1.75: few higher. Tomatoes—Supplies moderate; _de- mand moderate, market tlead Cali- | fornia, lugs ripes wrapped, 2.25; few bigher. fair quality and "’ condition, a2.00. (uash—Supplies light, market weak: Md., de- . Ro% 1011 09 /914 1011 e 9313 serv ba. a Blas 1Det Ciy G 4 Det Intl s A 107 (33 Following is the list of bonds and stocks traded in on the New York Curb Market toda Salos INDUSTRIALS dreds High. Ia Gt South... 13 ib P Bar A bid Arch Co Bak D Sou P & 5 29 Sou P & L war Southw Bell pf Sout P & L vld11 w mn., demand pepper 3 Am Sparks liberal; ¥ fl'w sales, 2.00. Peppers—Supplies light; demand market_dull; Florida, ates, fancy, 2.00. Cucumbers—Supplies_light; demand light, market steady; Florida, square 'hll<h:}‘ crates, No. 1, 4.50a5.00; most- ¢ 5. SUBURBAN BOND ISSUE. $250,000 in Sanitary District Offer- ing at 4 1-2 Per Cent. BALTIMORE, November 7 (Spe. cial)—An issue of $250,000 Washing- ton Suburban Sanitary District (Mary- land) 43; per cent bonds, for which bids will be submitted Wednesday, is the first local issue of any importance to have been brought out in a long time. In the late Summer and early Au- tumn there was a considerable volume of Maryland State and municipal se- curities on the market, but these have long since been absorbed and dealers have on occasions had to buy securi- ties outside the State to sati demand. J SAVINGS SHOW GROWTH. | Ty 3 & 4 . 5 % - 'sh ham, 3 : ] 3 4 O i . 2 L {lders, 18219 , Shattnek | Denn . 3 ! smoked shoul- och g 1g] i lard, 141 Iflflull St Ut 58 1 Hood Rub 51 RiInd Oil & Gas 6 AInd P & L bs A 10 Tt Mat wi. Inter Pow S 2 Intér Sec Am bHs Interstatn Pow he Invest Co Am b3 Inv B&Sha fs A 1 Kems & Millh 6s1 5 Ken Gas&Col 5 fi'A’hllh Pow 8s A )hl’ I Tone Star Gas &5 087 n vfd Supernow B HEFFERNAN. ptes & El 1 Atlas Stinnes Hu Stutz Mot . Swift Totl . Good weather this morning brought | buyers out early, and the crisp morning air put additional life in the market. Buying was not es- pecially active, however, being only | about normal for the first market day of the week. 2 5 Dealers had attractive displays of various commodities to offer the trade, prices being substantially the same as prices reported Satur Fruit and vegetable displays were particularly attractive this morning, and poultry, meat, butter and egg dealers had supplies more than equal to demands. Today's Wholesale Prices. Fresh, 1-pound prints, store packed, selected, 47 rent recelpts, BY WILLIAM F. Special Dispatch to The Star. NEW YORK, November 7. market resumed its upward ment gt the star’ of thy weck oning prices in most instances improvement over Saturday and gains were extended as the ses-| sionprogressed | “The bidding up a few selected spee- | faties contimied. and these furnished | i thefmain incident of the proceedings. | Ellnloid. o J 100 rrae Co 58 AL Inex The 45 points advance into new hizh| 21 thwe. 71y ‘ TS ¥ B . & l,-;‘qva:v”‘mfi,, und last week in Tubize Artifi i 2 (‘"1':' 'n:‘-h 1k evidently had resuited in a sub- antial decrease in the floating yly and the price recorded an open zain of 10 points further. A that reached new high recor American Rolling Mills common almost two points at intervals lowing the recent declaration of usual quarterly dividends on classes of stock. s a $3 dividend payer with earnings running substantially i cess of requirements, Universal "Tobacco was thought to be out of line | with others of its group and was ear- | ried to its best at 64, compared with | last week's closing of The new high for Kem: common W cor: usual talk of greatly ings as a res foreign 1 class simultaneously en the Stock its best for 19 One of th ding incidents of | the recen. trading in the util tion has been the absorption of large blocks of Lehigh Power new high viices for the ) Almost 80,000 shares changed hands last week co- incident with the report that merger n.gotlations were pending _between this company and Elec Power & | Light Corporation. The Electric Bond & Shares Co., which acts in a supe: visory capa for hoth companie. was cradited with the statement to day that there is no truth to rumors concerning a merger of both proper- i Lehigh Power was subjected to syme profit-taking followin - the an- noancement. Southeasiern Power was in active demand n at a new top for the yvear and further buying came into United Light & DPower class A. NEW YORI.{ PRODUCE. NEW YORK, November 7 (Special). —Upstate New York vellow onions, in car lots, wholesaled as high as 1 per sack of 100 pounds. Offerings from the Middle Western States brought from 1.40a1.75. Celery in the rough packed'in tw thira cr‘.’sle‘il r’xn"(};l from 1.50: rincipall 0 phtal;’ Cyont‘ord grapes in 12-quart climax baskets peddled out at 50a75; chiefly 60a70. State Rhode Island greening apples U. S. No. 1, 2 nch pack, in barrel: brought from 6.00a8.00. McIntoshe: of the same grade and size realized from 9.00a10.50, and Baldwins ut 5.00a 6.00. ‘Bulk white Danish cabbage peddled out at 15.00a18.00 per ton. Hundred-pound bags of muckland carrots brought 1.10a1.15, and bushel baskets around 70. Round white potatoes in bulk from the western part of the State peddled out at 3.60a3.65 per 180 pounds. Maine Green Mountains sold at 3.75a4.00. he curb | move | on-| wed | fipals | on St 1bize ATtSE Un Biscuit A Uni Bisenit B ont ont Ward Bs A 1003 Mont LH&P fe A 10111 2 Zmooa= e ) 5 W 18 Bond A t fiat Bro t Da P vie B West Auto Sup nf 34 i WhiSeMa_deb rts 1 110 Youngst Sh&T pf 108 MINING STOCKS. sup- | as | “ up P'C LAP 418 wi fol 4P OnE s A ww 1001 th hi i Tr uu.m iliips Pet 813 ih Dun B ol 1o s Thisast o &1 ont1 i 7;;;; 20 fehad Oil' 6 A ervel Del s Semlte R ¥ n 35a40; sn)allwr. 35 +80a90, Meats, 25707; ¢ Millbourn | the earn fresh killed—Beef, Baltimore Banks Report New High Record in Deposits. BALTIMORE, November 7 (Spe- | cial.—Savings deposits of the mutual banks in Baltimore have increasel | each month this year, and at the end | of September totaled $169,873,170, a new high record. The gain in a year was $13.671,337. This steady growth in wealth of lo- cal savings depositors has been real- ized in spite of slower trade activity in this district. The gain also occurred each month during the Summer, when there is ordinarily a seasonal decline. DROP IN LEAF TOBACCO. 1sou @ a5ou P 18; strip baco maell cnnell calves, 16; lambs the food nd reach aroun 76. 1 Wenden Con Salesin INDEP Do, 26 Am Con Oilflds, & Am Maracaiho C. Fruits and Vegetables. Report on fruits and compiled by the Market News Service Bureau of Agricultural Economics, Apples—Supplies moderate; demand light, market dull; boxes, Washington, medium to large size, extra fancy De- licious, mostly 4.00, few higher; extra taymans, 3.00a3.15; Jonathans, bushel baskets, Pennsyl- unclassified Yorks, Staymans and Black Twigs, 233 inches up, wind- falls, 1.50; Virginia, U. S. Ni Grimes, 2 inches, 1.35al.5 fied nans and Yorks, 1 Supplies moderate; early sales reported. —Supplies moderate, market firn two-third _crates, mostly : higlrer: ordinary quality and condition, 1.75a2.00. Grapes—Supplies of Eastern stock light; demand moderate, market about steady; New York, 2-quart climax bas- kets, Concords, 18a20; Catawbas and Salems trading slow ; supplies of Western stock moder demand mod- erate, market st ifornia, lugs, Flame Tok: Lettuce—Supplies of Western stock moderate; demand moderate, market | firm; California, crates, Iceberg type, 45 d ‘n' ; best mostly light; demand 'lll New York, 100- pound sacks, Yellows, United States No. 1, medium large size, 1.50a1.75, best mostly 1.75; Michigan, 100-pound cks, Yellows, United States No. 1, medium to large size, 1.75a1.85. Potato Supplies Moderate. Potatoes—Supplie: moderate; de- mand moderate, market firm; ldz\ho, ]XO -pound s , rurals, U. S. )-pound 1 Hazeltine: Corn Her Choe n wi . aRa=2ZEE 8 2. S0282se, . g o vania, ruskol & Kru TAh Pow n Sy FOREIGN BONDS. thousands. mizio o Fs 1 Batavia Pet 11 no 32 Brazil 61js " 1 Buenos Al 7 7 Buehos Ai 78 5} Buenos Air 7\,,:‘15)3 41 Cent B q” S 6sB andem 1 1ib Ow X eitor-Fos f Mand ¢ ! ||'mm<ou &t 2 liberal; demand Week Show Decline. BALTIMORE, November 7 (Special). —Receipts of Maryland leaf tobacco last week again showed a big drop, totaling _only 434 hogsheads, while sales amounted to 1,178 hogsheads, leaving a stock in State tobacco ware- houses of 14,648 hogsheads. Forty-three hogsheads of new crop ground leaves have been received. | Prices ranged mostly from 5c up to 25¢ for a few fine hogsheads. Quotations today for Maryland leaf tobacco per 100 pounds: Inferior, 5.00 | 48.00; frosted, 3.00a4.00; sound com- mon and greenish, 9.00216.00; good common, 17.00a30.00; medium, 31.00a 40.00; good to fine red, 41.00a35.50; fancy, 56.00; seconds, common to me: dium, 5.00a24.00; seconds, good to fine, 25.00a45.00; upper country, air cured, 00; 'ground leaves, nominal. Baltimore Port Food Exports. BALTIMORE, November 7 (Special) —Exports of foodstuffs through the port-of Baltimore last week, accord- ing to the Maritime Exchange. were 368,690 bushels, represented by 234,783 bushels of wheat, 107,933 of barley and 25,974 of rye. Of flour, 16,043 barrels were exported, against 10,046 the previous week. 6 Tidal_Osage "0 1Tid Osage O 1 Venezuelan P Sales in units. 100 Chesebreh 2400 Contl Ol n 7150 Eurcka P L. 2700 Humbie Ol & R 641 00 11 P L 00 Imp Q' Can ‘. pInd P I, 2100 fnter et Eid P2 STANDARD OIL 1S8U M i 215 > Tlas ww 10217 Lumhlrd FL7a A 0E 3 S 78 ‘41102 £ 8700y cndo 715851 D61, idion El 78 A 33, ontevideo s A BK Chile 03 063 20 Nuremberg 0s.. i 19 Perelli_ 7s. 39 Peru_ 7y 10 Poland 75" /4 10 Rio” Gran Am 1 0 Po Nor Sta P ¢ b Nor S ¢ atadi 4 Northe Pow 1. 2% Qhio BT Te nfd 112 . Ohio Brass B... OR » Stl Boler . 14 1 Palmolive Co... 917, P Ohio Sec n Ohio Td N i e orth light, market Cres 3 1008 0 Ky 105 0 O 200 Vacuum Oil. Sales in thousands, 1Ala Pow 6s.. Alum_Co Am wie Govt N El Serv 78 °A 100 11 E A w0y : AUni S Wolie A 9i1g 10114 *Ex-dividend. 983 D81y 0 8 i 14 my 088, 1028 21 a1 001 “1Ark P & L - 8 Ae Sim Har < - lmmd whites, few higher; Public_offering is being made to- day of $2,500,000 Cunard Steamship Co., Ltd., two-year 41; per cent ex- ternal gold notes at par, by Brown Bros, & Co,, J. & W. Seligman & Co., and White, Weld & Co. RSAMMTTITRS fRap 188 1055 2 & 050 hwl i (&SP 53 Anwi 617 i P Tool 5ls 993, Sweet potatoes—Since Friday's re- port: supplies light; demand light. R e TR SRETRZS a-bushel | pepper y the | Receipts of Maryland Product in | SIIIEZ SR Fisher’s Price Index ‘The following table shows the aver- age movement from week to week (1) of the wholesale prices of 200 rep | Review) and vower of the dollar: Index No. ot orices in per re- Purchasing | power of the dol- lar in pre- war cents. tg,1013- ate— 100 pet B oeatr 408 January (low), Average ... rage Average ... First auarter. Second quarter, Third quarter. Fourth _auarte: November December Guiart July average Augnst “averag Dtember 7 8 auarter. . . . tober— rst week Second' wee Third wiek. Fourth *week Foreign Weckly Index. Crump’s (London Financial Times) index number for England: Index No. ot orices i per cent Of pre-war bus: Date— Le.. 1913-100 Average Average Eirst ua, er Third _quarter. Fourth quarter. October Noveniber December Januars: First week. | average, average. ne average. ... uarterly average. Sentember ave Third quarter. October— week. Fourth week. (Covright. 1027.) October Sales Exceed $25,000,000. NEW YORK, November 7 (#).— Sales of ¥. W. Woolworth Co. for Oc- tober crossed the $25,000,000 mark, the first time for that month, reaching $26.031,788, compared with 24,802,185 in October last year. BOURSE PRICES FIRM. PARIS, November 7 () cere firm on the bourse today Three per cent rentes, 55 francs 10 centimes. hange on London, 124 francs 3% Fiveper cent loan, 74 francs 40 cen- times. The dollar was quoted at 25 14 centimes. francs Mexican Enterprise Financed. NEW YORK, November 7 (#).— Financing for a Mexican_ industrial enterprise, the Hacienda El Protrero, sugar manufacturer, is being done in Wall Street, the first of its kind in more than 15 years, and less than a month after the appointment Mexico. About $2,000,000 of its bonds will be marketed by J. A. Sisto & Co, Stock Exchange members. It is never too cold to snow, but the great dryness of very cold air may make snowfall unlikely. SR SSATTTTTTTRZ AT Mr. Business Man—Consider the Prestige Linked With an Office in the WASHINGTON BUILDING NEW YORK AVE,, 15th AND G STREETS OCATED at the juncture of three important thoroughfares commonly referred to as the “WORLD CORNER?” and architecturally in harmony with the official neighborhood that surrounds it, the Washmgton Building makes an irresistible appeal to those who desire an office that has about it the air of dignity and good taste which typifies and characterizes “THE BEST.” An important feature: This is the only building in Washington where you may select your location and then have partitions divided to suit your needs. Thus your offices are built to order, to your own plans, to fit your particular purpose. You must see the Washington Building, walk through its spacious lobby, inspect its upper floors; note the central location of its eleva- tors, and the ease of acces Here Are Just a Few of Your Neighbors! Henry M. Ward Britton and Gray James Cooper Waddell Mauro and Lewis National Surety Co. Dr. P. D. Poston International Mercantile Marine Peoples Drug Store Remington-Rand Business Service, Inc. The Madrillon Restaurant C. F. Childs & Co. Security Underwriting Syndicate Joint Committee of National Ultility Ass’ns Chicago Daily News The Travelers Life Insurance Co. The Metropolitan Life Insurance Co. Senator Josiah T. Newcomb - Reasonable Rentals HE rentals are indeed moderate, especially considering the fine construction of the building, fireproof, soundproof, faultproof; embodying the building experience of a corps of engineering experts. Solid WALNUT WOODWORK ; OFFICE PARTITION ARRANGE- MENT TO SUIT THE TENANT. Six high-speed elevators located in the center of the building; convenient entrances on New York Avenue and G Street ; one of Washington’s Finest Restaurants on the second floor and roof. Ample sanitary conveniences. Your office is as important as your home. and luxurious appointment. pancy at a reasonable rental. New York Avenue. R TN TITR resentative commodities (from Dun’'s| (2) of the purchasing | i int | pani keted onl | but coupled with thi | cent import duty on foreign cars and | is this tyvpe that offe of | Dwight W. Morrow as Ambassador to | BRITISH AUTO INDUSTRY IS AROUSED TO AGTION Seeks to Hold Its Own Against Ex- pected New Inroads by Amer- jcan Manufacturers. By the Associated Press. LONDON, November 6.—The British automobile indusiry has launched an ensive campaign to hold its own inst an expected new offensive [ from American automobile. manufac- | turer By emploving the latest selling methods—secrecy and _suspense. to terest in new types—British * makers are leaving no stome un- turned in their efforis to dominate the home market for small cars, which to a large extent they have succeeded’ in recapturing from American com- . Figures show that British makers now supply 86 per cent of the home trade, whereas in 1922 they mar- 9 per cent “Buy British cars and be proud of is the slogan credited with having the home industry on its feet, is the 3314 ver it put 1tax per horsepower. »on undoubtedly put & crimp in Ametican sales, as the annual tax on a for instance, amounts to_more than $100. Meanwhile, Ame terling ann latter we: ic can makers are developing a new British demand for six and eight cylinder closed cars. It the best pros- manufacturers, American trade London, who has given particular attention to the British motor industr; Already 20,000 Ame been placed in Br clusive of Fords, whereas American purchases of British are limited to the luxury type, s the Rol Royce and Bentley., pects for Ame n says William Park, commissioner i can cars have n this year ex- st CHICAGO I.IVE “TOCK MARKET * CHICAGO, () (Uni States Department of Agricultu Hogs— ipts, 35,000 head: uneven: better Hogs, 200 pounds up; ady: weights and pigs, un- even; strong to higher; packing sows, strong: spots, 10 to 15 up; top, 10.35; most 210 to 300 pound averages, 10.00a10.25; bulk, 170 to 200 pound, 140 to 160 pounds, 8.75a 8.00a! packing sows, 8.1528.75; light weights, up to November grade lighter 9.00, Cattle—Receipts, 18,000 head; fat steers and she stock steady to strong: spots higher: killing quality plain about 4,300 Western grassers in run: stockers and feede: higher; active strong _to 15 y t fed steers, s, 1 not much in weighty steers scarce; sausage bulls, with weight up wsage offerings, 7. a 15 downward; big pack ers paying 11.00a11.50 for vealers; few to outsiders, 1 & ). Sheep—Receipts, 19,000 head: fairly active; all classes about steady, with Friday; native and wool lambs, 13.75a 114.00:" best_held around 14.25; culls, mostly 10.25a11.00; buck lamb aver aging 100 to 130 pounds, 11.00a12.00: desirable fat ewes, : bulk feeding lambs, comeback beef meaty to 7. Oxon Hill to Have Fair. OXON HILL, Md., November A fair_at which will be exhibited fleld and garden products, fruits, nuts, household art, canned goods and pas- tries, along with a number of miscel- laneous displays, will be held Thur: ¢ in the mew high school here, \der auspices of the high school im- provement association. The association has indorsed the {work of Dr. Thomas B. Symons, di- | rector of the extension service of the University of Maryland, in striving have the new Washington Farmer: market located in the Eckington vi- cinity TR AR SRR A Few Attractive Stores Available ROMPT inquiry i choice locations suitable for stores which demand busy location suggested if you should be interested in a few -....Offices ready for immediate occu- Rental office on the corner of 15th and WASHINGTON CENTRAL TRUST III!III!IIIIIIII:I\V T A A PR T R 2 £ 907-9 EVANS BLDG. AND 1438 NEW YORK ‘ AVENUE