Evening Star Newspaper, November 14, 1927, Page 12

12 & TREND [RREGULAR ON STOCK MARKET Shares Put to Test—Early Trade Sees Advances—Fa- vorites Uncertain. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, November 14.—The Stock Market was subjected to some- thing of a test today. The recovery of last week had eliminated a large part of the short interest and at the same time had increased the outside following. The result was the tech- nical position had impaired. Nevertheless, in the main the market of itself. ines in some been ga’e a good account changes were mixed, dec] of the pivotal stocks being accompa nied by further advances in special ties. an accumulation of orders based on the showing the list made on Satur- day. Advances were the rule and in | the first hour or two a number of | new high records were hung un,j Among them were American Railway | Express, which jumped nearly 6 points | to the highest for all time; Montgom- ery Ward and S s Roebuck, toth at the best for the present shares, and American C: 10 the hest for the 5 mer- Ny all included Best & | , Julius Ka r | Favorites Are Y'ncertain. . Meanwhile the old industrial fa Tvorites, steel, General Motors and Gen- “eral Electric, had heen moving more uncertainly. Steel was a shade high ler at the start, but did not hold the gain. General Electric was some. imes higher and sometimes lower 4han the preceding close, and not ®specially active. General Motors | ivielded more than either of the other | $wo, selling on the theory that “the 00d news was out,” proving effective. As far as there was any significant rhange in stocks of the independent utomobile companies it was on the ide of decline. % Al this did not mean that the mar- et was making any reappraisal of the rade outlook. It was simply a read- ustment of a speculative position that ad been temporarily overbought. usiness news was mostly encouras- Sng, especially that relating to the Isteel industry. £ When the general list faltered the Fopper stocks were taken up and buy- Ing of Anaconda, Kennecott, Calumet 2nd Arizona went on confidently. Re- #ned stocks of copper at the close of DOctober were the lowest of the year. The market for the metal was regard as strengthened that much. Be- fides those already mentioned. Greene nanea and Magma swung into line Jater in the session. 3 Tobacco More Irregular. 2 The tobacco stocks were more irres- mlar, but one or two of them were putstandingly stronz. Bayvuk Cigar “®0ld up nearly 5 points to the highest ince listing. Lorillard was another this gzroup in demand today. In the agricultural class International Harvester stood out up more than 7 ints at 247, and a new record high For all time. Last week Harvester #ained more than 23 points. > The rails were little disturbed by #he selling that went on elsewhere. Southern Railway made another new ‘high, receding, however, later on, and Chesapeake & Ohio went ahead, taking LChesapeake Corporation along with it SUGAR TONE IS FIRM. Futures Are Active and Prices Ad- vance 4 to 6 Points Today. NEW YORK, November 14 (P).— No sales were reported in the raw Bugar market early today, but the un- ‘@ertone was firm, refiners, showing in- ‘erest at last, paid price of 4.65 for nearby Cuban and holders asking 4.71. Raw sugar futures were firm and active, reflecting the sharp advance in London and private cables from Paris stating that an agreement would be signed this afternoon between Ger- many, Czechoslovakia, Poland and Cuba restricting the production of sugar. Prices advanced 4 to 6 points ‘on active covering and buying by both “European and Cuban interests, but sthere was a good deal of realizing on dthe upturn and partial setbacks fol- Howed, with midday prices 3 to 4 points “net higher. I.The refined sugar market was un fohanged at 5.80 for fine granulated. “Withdrawals were of fair proportions, “but new business was light. GRAIN EXPORTS. NEW YORK, November 14 (#).— ‘Exports of grain from Argentina this year are expected to reach 14,550,000 fons, consular reports indicate. Ex- ‘ports for the first nine months of the year were 12,250,000 tons. : SUN OIL STOCK DIVIDENDS. NEW YORK, November 14 (#).— Bun Oil Co. today decjgred a stock dividend of 3 per cent oh the common stock, payable in common stock with the regular cash dividend of 25 cents & share, on December 15 to holders of Fecord November 2 VISIBLE GRAIN SUPPLY. NEW YORK, November 14 (#).— The visible supply of American grain #hows the following changes, in bush- els: Wheat increased 2,099,000, corn in reased 360,000 s decreased 71,- 000, rye increased 303,000 and barley Mecreased 714,000, FOREIGN EXCHANGE. AQuotations furnished by W. B, Hibbs & Co.) 3 X 15 cka London pound. ... dollar rague wn Al 3 jum_ Co. of g A a Chalmers e yope; Quociated Ol 6r 1 altimore & Ohio i Batavian Pet C 4 California Pet. © at Ry 4 e 7< 1030 1 Dugiesne Lighting 4353 106 ore Rowy. 78 1930, ... Gen. Mot Accept. C. B8 1937 General Pet. Corp. £5 1040 Goodrich Co. 55 1920 T. & R. 501 "FINANCIALZ Abrahm&Straus Adams Exp (6). Adv Rum| oo Adv Rumley pf. Alr Reductn(17) Ajax Rubber... Albny Pap pf (1) Ala & Vicks(6).. Alaska Juneau. . Amal Leather. .. | Amal Leather p: Amerada (2).... | Am Agricul Chm | Am Agri Ch pf.. | Am Bank N(13). | Am Bk N pt (3). Am Beet Sug ... | Am Bosen...... Am Br Sb (§1.60) Am B Shoe pf(7) | Am Brown Bo pt Am Can (2) Am Can pt Am Cas&kdy ( Price | am Chain pr (7) 100 ! ‘am Chicle (3).. Am Drug (80¢). \. | Am Encau (2.40) | Am Express (6). | Am & For Pow. . The opening had been strong under | Jite o BrrN oy 104G 1041 Am Ho P (240). American Ice(2) Am Internatl(2) Am La France. . Am Linseed Am Machine (2) AmMa&Fy pf(7) Am Metals (3). AmMetals pf(7) Am Piano (3)... Am Piano pf (7) Am Po & Lt (11) Am Radtator (5) Am Ry Exp (6). Am Republic.... Am SafetyR(13) Am Seating (14) Am Smelting (8) AmS & R pf(7). Am Snuff pf (6). Am Stl Fdys (3) | Am Stl Fy pf(7). 114 Am Sugar (5) Am Sugar pf (7) Am Sumatra. Am Tel & Tel ( | Am Tobacco (8). 1 | AmTobaccoB(8) 1 Am Type Fo(8). Am Type of (7). Am W W (m80c) Am Woolen..... Am Woolen pf.. Am Writ Pa ctfs Am Wr Pa pf cfs Am Zine.. Am Zinc pf. Anaconda (3) Archer-Dan (3). ArmourDel pf(7) Armouroflil(A) Armouroflll(B) Armour I11 p£(7) Arnold Con&Co. Artloom (3) Art Metl (1%).. Asso Dry G (2%) Atchison (110).. Atchison pf (5). AtICL (18%).. AtlGulf & W1.. Atl Gulf&WI pf. Atl Refining (4). Austin-Nichols. Autostrap A (3) Baldwin L (7). Balto & O (6) Balto & Ob pf (4° Bk Comerce t18. Bang & Ar (3%) Bang & Ar pf(7) Barnsdl A(b2%) Bayuk Cigars Bayuk 1st pf (' Bayuk 2d pt (7). Beaco: n Oil...... Belding Bros (2) Best &Co (3)... Bethlehem Steel Beth Stl pf (7).. Bloomingdale. .. Blmingdie pf (7) Bon Ami Cl A (4) Booth Fisheries. Briggs Mfg Co.. British Emp 2d. Bkin-Edison (8) Bklyn-Map (4). Bklyn Un Gas(5) Brunswick B (3) Bru: ick Ter.. Burns BrosA(8). Burroughs Ad t4 Bush Term (b8). Bush Ter de (7). Bush Trm pf (7) Butte Cop (5fic). Butte&Super (2) Bautterick (g2).. Byer&Co...... By-Products (2). Calif Packg (4). Calif Petm (1) Callahan Zine. .. Calumet & Ar (6) Calu & Hecla (2) Can Dry (t3%). Can Pacific (10). Can Pac 1st pd.. CaseThreshg(6) Cen Ry NJ (t12) Century Rib M.. Cerro dePas (15) Certain-Teed (4) Certain-T 2d (7). Chandlerpf(2%) Chat-Ph Bk(16). Ches & Ohlo (10) C & O Corpn (3). Chi & Alton.... Chi & Alton pf.. Chi Great West., Chi Gt West pt.. CM&StPefs.. C M&StP pf cfs- Cht & Nwn (4).. Chi Pne Tool (6) Chi Rock 1s (5). CRI1&PDL (7). Chi Yellow C(4). Childs (32.40).. Chile Co (2%).. Christl B (1.20). Chrysler Cor (3) Chrysler pfA(8). City Stores (B).. Cluett Peab (5). Cluett Pea pf (7) Coca-Cola (5)... Collins & Alk(4) Collins&A pt (7) Col Fuel & Iron.. Col & Southn (3) Col Gas & El (5) Col G&E pt A (6) Col Carbon (4).. Com Cred pf 6%. Com Cr pf B (2). Com Inv (3.60).. | Com Solvents(8) Com Powr (2%). | Conde Nast(2).. ongoleum-Nair Cong Cgrs(t4%) Con Cigars (7).. Consol Distribut Consol Gas (5).. ConsolGas pf(5. ). Cont Baking B.. Cont Bak pf (8). Cont Can (6). Cont Insur (8). Cont Mont (80c). Corn Prod (13).. Coty Ine (16)... CructbleSteel (6) Cuba Cane Sugar Cuba Cane Su pt. Cuba Company.. Cuban Am 8 (1). Cuban Am p£(7) Cudahy Pkg (4). Curtiss Aero Curtis A pf (7) Cushman’s (§4). Cushmann pt (8) Cuyamel Fruit.. Davison Chem. . Deere&Co pt (7) Del & Hud (9).. Del L& W (17). DRG Wstpf... Ewift & Co. 5s 1932 "njon Oi. nf Calif. 5a 1935 Tnign Pac R. B Co. 8s 1028 " Q" Ribher 7i4s 1030, € Co. 1935 P vt 1 Devoe & R(2.40) | Diamd Mtch(8). ige Bros Cl A. Dod, TAArant [TV Abitibl Pow (8). 131% 1313 | Adams Ex pt(5). Arch-Dan pf (7) 110'% Chase Nat B(18) & Received by Private Wire Direct to The Star Office. Open. High. Low. Close. 130% 131 109% 110% 1093 110% 176 182 176 18 94% 94% 94% 9i% 9% 9% 27% 30% 177 178% % Th Dome Mines (1). Dunhlll Int (4) Dupont (19%).. Eastman (18) Eastman pt (7) Eaton Axle (2).. Eisenlohr & Bro. El AutoLt (16%) Electric Boat... Elec Power & Lt Elec P&Lt pf (1) Elec Refrigeratn El Stge Bat (16) isnd John (6)... Engineers Pub 8 Engnrs PS pf(7) Liquit Bldg (7). EquitableTr(12) irie R R. Erfe 1st pt. Erie 2d pf. Erie Stm S (234) ErieStmScfs 2l Lureka Va f1e% Fed Ligt(h1.40). Fed L&T pr (6). Fed MIn&S(10). Fed Min pf (7). « | Fed MotT'(£80¢) 1 | F1d Phoenix(4) Fisk Rubber Fleischmann Foundation Co. . Fox Iilm A (4). Freept-Tex T4% Gabriel Sn (8%) Gen Am Tok(4). Gen Asphalt.... Gen Cigars (4).. Gen Elec (15)... | Gentlec sp(6ue) | Gen Mot (1713). | Gen Mot pf (i).. Gen Outdr A (4). Gen Outdr Ad(2) | Gen Ry S18 (5). en Refrac (3). iiliette Salt(15) Gimbel Bros. ... Gimbl Br vt (7). 1 Glidden Co..... Glidden pr pt(7) Gold Dust (3)... Goodrich Ru (4). Goodyear Tire. . Gothm S H (2%) Gotham new 24 Gould Coupler A Granby Con Min. Grt North pt (5) Gt Nor ptefs(5) GrtNor O (1%). Grt Wes S(2.80) Gt West S pf (7) | Green Canan.... | Guantanano.... Gu M & N pf (6) Gult States St Gulf Sta 1st(7). Hartman A (2).. Hrin B blU%sik. Helme Geo (4).. Hollander & Son Houshid P (33%4) Houston Oil Howe Sound (4). Hud Man (2%). 4 5 4 Hudson Mot (3) 66 66 634 Hupp Mot(1.40). 50% 5214 48l 44 a4 din 25 25 25 49% 51% 49% 1927 1933 191% 103% 103% 10; 190% 191%s 1904 o 35% 345 34 34 B4% 118% 118% 1174 5 W5 % 43 4u 43 2501 25015 25015 2 118% 1193 118% 807 579 2% 110% 110% 2% 24% 941 98 107 107 170 170 14% 14% 20% 2% 122 1% 5l 154% 1 23 1% 123 a2% 0% 1364 . 100% 102 100 0% 72 14 18 1004 160 70 1 5 T 28% 155 9 G0ly 2 42 17176 1744% 129 129 102 102 48 5003 114 0% 129 102 4T 114 102 501 0% 107 1 3 9% 180 126 12 110 6314 234 54% 20 48 | 5% 8518 49%, 507 126 110% 110% Aol 48 5% Indep Oil (1)... Indian Mot (1%) indian Retining. Inland St (2%). Inland Stl pf (7) Inspiration Copr AnterboroRapi'r Intcontl Rub(1). loternat Agrl... lnt Agricul prior int Bus Ma (4).. Int Cement (4).. Int Com Eng (2) Lnt Comb pt (7). Int Harv (J6)... Inter Har pt (7). LntMtch pf(3.20) Int Mer Marine. Int Mer Mar pf. int Nickel (2). .. Inter Nick pf (6) Intl Paper (2.40) Int Paper pf (7). Int Ry Cent Am. Int Ry CA p£(5). Inter Salt (6)... Int) Silve: - Int Tel & Tel (6) Intertype(t13). Jewel Tea.... Jones Bros Tea. Jones & Lau (7). Jordan Motor... Kan City South.. KayserJ (4).... Kelly-Spring. ... Kelly Tire 6% pt Kels-Hayes (2). Kennecott C (5). Kinney (G R)... Kinney pt (8)... Kraft Ch (11%) Kresge (1.20)... 454, | Kresge SS pf(8) 53 |KressSH (n1). 7ix | Kuppenheim(2). 671 | LaBo Ol (T5e). . 234 | Lambert Co (16) Te 1w | LeeTire & Rub. 91 92 ty, 9, |LehighVal(3i). 170 47 1 Lehn & Fink (3) 49% 49% 19 Life Sav (1.60).. 195% 196% 195 Lig & Myra(£14) 191 192% 191 Lig&MyrsB (14) 278 279% 276'4 2 Lig &M pt (7)... 300% 300% 300% Lima Loco (4).. 13% 134 1314 Liq Carb (3.60). 621 63% 62 vl.o;!w'llnc @).. 5l 5l 514 51% veesasesacer 103% 1037 7 10374 | LoOSe-Wil(1.60) % 108% 103% 1037 | Foose-w 1st (1) 577 577 | Lorillard Co 530 53z |Lorillard pf (7 210% 214 | Loulstana Ofl 8514 | LoulsGasA(1.76) Louls & Nash(7) Ludium Steel(2) MacAndrws 2.60 McCrory (1,60). McCrory B ( ) Mack Truck (6) Mackay (7)..... Mad Sp Gar (1). Magma Cop (3). Mallison & Co... Manati Sugar. Mandel (2%). Man EI Sup (6).. Man El m g (d5) Man Shirt (2)... Maracatbo Oil Market Stree! Market St prior.. Marland Oil..... Mar Rock(13%). Mathieson (4) May Dept S (4). Maytag (13).... MetroG pf (1.89) Mexican Seab... 4 |'Mid-Continent. . Mid-Cont pf (7) Middle States Mid States O1l ct Midland pf (112) Miller Rub (2).. Min St P & SSM. Mo Kan & Tex.. MoK & T pf (6). Missourl Pacific, Missouri Pao pt. 185% 135% 4% 34w 9% 9% 101 101% 140 65 65 105 106 117% 117% 3% 4 8% 8% 45% 45% 83 83 4% 4% 67 67w 23%, 23% % 1% 9iy 101% 139% 105% 117% MontgmryW(4). Moon Motor. | Mother L (50e). 3 | Motion Pio Corp. 5% | Motor Met (3.60) 935 | Motor Whi (2).. 7754 | Mullins Body. .. Munsingwr (3). Murray Corpn Nash Motor(15). Nat Acme (s Nat Bellas H Nat Biscult(17). NatCash R (A)3 Nat City Bk (20) Natl Dairy (3).. Nat Distiilers. .. Nat Distillers pf Nat Enamel & S. Nat Lead (5)... Nat Park Bk(24) Nat Pw&Lt (80¢; Nat Radiator. Nat Rad pf (7).. Nat Ry Mex 24.. Nat Supply (4). Nat Suply p£(7). 52 33% 125 188 138 1llinots Cen (7). * 1324 264 824 9 Montana Pow (5) 104% 867n E3) 1 T4 191y 26% 524 | Nat Surety (10). 2! 37% 37% | Nat Tea (4)... 135 136% NevadaC(1%).. 14% 14% NOTex &M (7) anw, R @ N YAIrBr(3),. 25 4% 29 1034 24 1% 184 . Low. Close 110t 103% 85% 84 Tos | N ¥ cent (8) NY C&StL (8) NYC&StL p£(6). NY Dock. . | NY NH & Hart. . | NY NH&H pt(7) NY Ont& W (1). NY Steam pf (6) NY Stm pf A (T) Norf & Wn (110) o NorAm b10%stk . |iNorth Am pt (3) North Pac (5)... Nor Pag cfs(5).. Norwalk Tire... Nunnally (1.50). Ofl Well Sup.... Opnhm Col (4).. Orpheum Cir (2) Otis Elevator (6) Otis Steel....... Otis Stl prior(7) Owens Bot (Ct5) Pac Coast 2d pf. Pacitic Gas (2).. Pac U1l Stubs. .. Pac Tel & Tel (1) Packard (3) Paige Motor Pan-Am Pet (4) Pan-AmPetB(4) | Parmt-Fam (38) Paramt-F pt (8) Park & Tilford. . Park Utah (80c). Pathe Exchange. Pathe Ex A (4).. Patino (a2.10).. Peerless Motor. ., | Penick & Ford Penn C & Coke | PennDix Cmt(2) | Peuna R R (3%) | Peoples Gas (5). Pere M prior (5) £hilaCon % | PhulaCos Phila @ KC 1., Lnilip Morris. .. | Phillips Pet (3). Phoenix Hosiery | Plerce-Arrow. Plerce Arrow Pierce 01, 5 | Pierce Petrolm. . | Pillsbury (1.60). Pitts Coal, Postum (5)... Pressed Sti Car.. Pr Stl Car pf (1) Prod & Retiner's. Producers&R pt. Pub Serv NJ (2) Pub Serv pr (6). Pub SE&G pr(s) Pullmn Corp(4). Punta Aleg Sug. Pure O11 11.87% . Purity Bak B (2) PurityBak pf(7) Rad1o Corp ot A. Radio C pr (3%) Reading (16)... | Real Silk Hox Reid Ice Crmi(3). Rem-Rand 31,60, Rem-Rdlst (7).. Rem-Rd 2d (8).. Rep Ir & 5t (4. Repl&sSpt (7). Reynolds Spngs. Rey Tobac B (6) Rossta 1ns (6).. Rossia Ins Corta Royal D ad.13% . Satety Cable (4) St Jos Lead (13) St L & Sun F13). St L Souttiwest. Savage Arms. Schulte (34 Seabd Air Line. . | Seab Air L pt. Seagrave (eL.z0) Sears-R (nzi).. Shattuck ¥ G (2) Snider Pkg p! So Por Ric S(f2 South Por pf(8). South Calif £d. . South Dairles A. South Pac (6)... Southern Ry (1) Spicer Mtg. . StdO1Cal(12% ). Std OILNJ 11%) Std OlINY (1.6v). Std P1Glass pt.. Sterling Prod (16 Stewart-War (6) Studebaker (5).. Studebak pt (7). Submarine Boat. SunOil (11) Superior Oil....,. Superior Steel. .. Symington...... Symington Cl A, Telautogra (6uc) Tenn Copper (1) Texas Corpn (3) Lex Gulf Sul (4) Tex & Pacific. .. Tex PC&U(60c). Tex Land Trstn The Fair (2.40). Third Avenu Tidewatr A . TidWASOLIpL(6) Tidewatr Oil 80¢c Tide W Ol pt (5) Timken (15).... Tobac Prod (7).. Tobag Prod A (7) Transcont Oil... Twin City R (4). Underwood (4).. Un Bag &Paper, Union Carb (6).. Union O1l (123) Union Pao (10). Un Pacific pf(4). Union Tank (5). UtdCgr§t(C80c) Utd Cgr St p£(6) United Drug (9) Utd Fruit(16%). USCI1P&F (10) U S Distributing Smelt (3%). Sm pf (3%). S Steel (7)... U S Steel pf (7). Univ Leaf Tob. . Unt Plo 1st pf(8) Univ Pipe(2%) Utl P&Lt A (e2) Vanadium (t4 Vick Chem (4 Victor v pf (6). Vietor pr pf (7). Va-Caro Chem. . Va-Car Ch 6% pt Va-Car Ch pf (7) Vule Det pf (' Wabash........ Wabash pf A (5) Waldort (1%)... Ward Baking B. Ward Bak pf (1) Warner Pic A. Warren Bros Warrenlst pf(3) WarF&Pipe Cor. Web & Hall...... W Penn El pf (7) West P Po (6)... West Maryland. West Md 2d pf.. West Union (8). Westhse A B(2) Westinghse (4). Weston Electric. Wheel & L E pf. White Eagle (2) White Mot (2).. White Rock (2). White Sew Mach White SM pt(4). 166 | Willys-Overland 16% Willys 04 pf (7) 140% Wilson & CO.... 404 Wilson CoptA.. 1081, Bl 109% 9 5514 THE EVENING STAR, WASHINGTON, D. NEW YORK STOCK EXCHANGE Low. Close. 163% 128% 108 61% 52 12w 35% 97y 110% 1893 165% 129 108 61% a| D w | Franklin National Bank, recently has x| York Stock Exchange Firms, will be | 1 2 " [$2,793,000, or 12 per cen, under last €., MOXNDAY, THREE NEW HIGH ON EXCHANGE HERE Lincoln National Has Rise of of 100 Points—Gas Light and Pepco Pfd. Gain. BY EDWARD C. STONE. Three new peak price quotations 1 up on the Washington nge today when the week's trading opened. Lincoln National Bank stock ap- d on the hoard for the first time vear selling at 400, compared \ith the last sale at 300, the advance eing made on 2 turn- v two shares. Washington Gas Light opened at nd moved up to 83, closing % point higher than on any previous ent advance. Potomac Electric Power 51 per cent rred came out at 1071z, a tion new high, and closed at 1 In today’s strong market Capital Traction climbed back to 1083, Sani- tary Grocery preferred closed at 1021, and seven and a half shares of Second National Bank sold at 265 There were several good-sized trans- actions in the bond division, recent firm prices prevailing. In and Out of the Local Banks. John B. Cochran, president of the | answered “the call of the wild” and | has been spending considerable time | bunting. Roby . Harper, president of the District National Rank, is due home tomorrow. Postal cards from the banker state that he has had a_won- | derful Western trip and that he is now anxious to get back, as Wash- ington “is good enough for him.” Eugene E. Thompson, newly elected | president of the Associated Stock Ex-| changes, nati, reporting an unusually interest- | ing convention, | Peter A. Drury, president of the Merchants’ Bank & Trust Co., passed | the week end at his estate at Blue- | mont. Oscar Coolican and E. R. Finken- staedt, connected with the local office of G. M. P. Murphy & Co., have re- turned from a business trip to New York. Southern’s Earnings Holding Up. Southern Railway revenues have been holding up remarkably well. De- spite a slackening of general business in_the South, which set in after the collapse of the Florida boom and the drop in price of cotton last year, freight revenues for the first nine months were $1,628,000, or only 2 per cent below a year ago. Passenger re- ceipts for the period, however, were year, so that total revenues were off $5,047,000, or 4.3 per cent. The Pennsylvania Railroad reports | a net increase in the number of stock- holders since January 1 of 1,075. Women now constitute 50.61 per cent of the total holders, having 3,371,244, an increase of more than 139,000 shares. Their average holding is 47 shares, Stock Exchange Group to Meet. W. W. Spaid, chairman of the ex- | ecutive committee of the out-of-town section of the Association of New in Boston next Monday to preside at a meeting of the New England group. This organization is now in its second year, having been formed largely through the efforts of Mr Spaid. Mat- ters of wide importance to the Stock Exchange firms outside of New York are taken and recommendations made at the annual meeting of the ex- change, Last year several construc- tive suggestions were adopted by the parent organization. Liggett Drug Sales Improve. October sales of 450 Liggett Drug Stores ;were $5,046,013, a gain of 4.33 per cent over the same month last year, and for 10 months this year. $47,806,466, an increase of $4,917,192 over the corresponding 1926 period. Virginia to Sell Bond Issue. The State of Virginia will sell §: 468,605 no exceeding 4% per cent 35- vear bonds in ths near future, The has returned from Cincin- |, NOVEMBER 14, 1927. VIRGINIA CROP YIELD IS ABOVE AVERAGE 6.9 Per Cent Increase Over 10- Year Figure Reported by FINANCIAL. REAL ESTATE LOANS 5%:% FRED T. NESBIT Mato 0302 1010 Vermont Ave. at Low Interest Rates e ina. oo Corres) 1520 K Street State Reporting Service. By the Assoclated Press. RICHMOND, November ‘H.-—Th‘!; composite yield of all Virginia crops is reported to be 6.9 per cent above the average for the past 10 years. The total production of corn, potatoes, sweet potatoes and hay will be larger than last year, but the production of tobacco, wheat, cotton and fruits will be less than last year, it is stated by the Virginia Crop Reporting Service today. It is expected that improvement in prices for both crops and live stock will tend to hold up | the farm income, which is expected to be about the same as last year, it is stated in the report. | The average vield of corn in the | State was reported as 29 bushels, as compared with 27.5 bushels last year and 26.6 bushels the 10-vear average. | Because the corn was not harvested by November 1, due to late maturity it is difficult to accurately estim: the vield. The estimate for the S is 48,140,000 bushels, compared ate | ith vielding better than was expected with a yield of 118 bushels per acre, or nearly | twice last year's yield of 60 bushels | per acre. The total production for both early and late potatoes is estimated at 19,630,000; last year it was 11,658,000. v BALTIMORE, November 14 (Speci: —White p 1. MONEY for SECOND MORTGAGE LOANS Homes and Business Properties PHILIP MILSTONE 1104 Vermont Ave. Decatur 168) a well tablished banking house requires the servi several Digh caliber men for issue of unusual merit " This (s measure up_nropes profitable onfidential Mce rly connection. Address Box 4 to_make & Money When You Want It— Without red tape—and at the lowest prevailing interest and commission rates. We invite mort- gage loan applications covering all classes of improved Washington realty, both finished and in prospect. Low Interest Rates and Commission on Applications B. F. SAUL CO. 925 15th St. N.W. Main 2100 .‘ len. diQ opportunity for the right mm-p'ha W Sy 25~K Immediate Answers Mortgage Money Loaned Tyler & Rutherford s Salesmen Wanted investment o al Star sweet potatoes, bar. | rel, 1.25 yams, barrel, 1.5042.00; beans, bushel, 1.50; beets, 100, | 00a4.00: Brussels sprouts, quart, .10 ); cabbage, 100, 2.00a4.00: cauliflower 3.00; carrots, 100, 2.50a3.50: bushel, | onions, 100 pounds, 1.00a1.75; peppers, basket, | [ .20a.25; pumpkins, 100, 10.00220.00: | parsnips. basket, .40a.50; spinach, | bushel, .352.90; Savoy cabbage, bushel, .252.35; tomatoes, crate, 1.50a2.50. Apples, basket. 6.00; grapes, basket, .18a.20; grapefruit, | || box, 3.00a4.25; oranges, box, 3.50a5.50 | pears, bushel, .50a1.00. | Hay and Grain Prices. | Wheat—No. 2 red Winter, export, | 7; No. 3 red Winter, export, 1.34; | No. 2 red Winter, garlicky, export, | 1.36%; No. 3 red Winter, garlicky, | export, 1.33%. Corn—No. 2 yellow, domestic, 1. cob corn, old, 4.90a5.00 per barrel, | nominal. | Oats—No. 2 white, new, 5815a59; No. 3 white, new, 5715a58. Old oats selling at 2 and 21 bushel over new | oats. | Rye—Nearby, 90a1.00. i Hay—Receipts, none. New hay is | arriving in only limited quantity, It | is, therefore, not being officially graded and sells strictly on its merits, within range of 14.00a16.00 a ton. timothy and clover grades. Straw—No. 1 wheat, 11.00a11.50 per ton; No. 1 oat, 13.00314.00. Live Stock Market. Cattle—Receipts, 1,050 head; steers of all kinds active at steady price cows slow. Steers, choice, 14.50a15.5 good, 13.25a14.25; medium, 11.75a12. common, 10.00a11.25; feeders and stockers, 8.50a11.00. Heifer: 7.25a7.75; common to medium, 6.00 a7.00. Cows, choice stable, 7.50a8.50; fair to good, 6.50a7.25; common to medium, 3.50a6.00. Sheep and ILambs—Receipts, 3,900 head; fair supply, market low. Sheep, 2.0026.50; lambs, 7.00a14.00. Hogs—Receipts, 3,100 head; moderate supply, market higher; lights, ; heavies, 10.25a10.30; medium, 10. roughs, 7.25a9.00; light pigs, 9.50a9.60; pigs, 9.80; Western hogs, 10 and 20 higher than quotations. Calves—Receipts, 350 head; light supply,”market stronger. Calves, 6.00a 16.00.° Dairy Farm Products. Live poultry—Turkeys, pound, 38a 43; Spring chickens, 27a28; Leghorns, 24a25; poor and thin, 18a20; old hens, issue was authorized by the General Assembly at the 1927 special session for purpose of retiring bonds held by schools, colleges and other organi- zations, on which the State is paying 6 per cent interest. Business Advance Revealed. Business during the week ended November 5, as indicated by volume of check payments, was greater than in either the preceding week or the corresponding week of 1926, accordiny to the Department of Commerce. Wholesale prices were higher than in the preceding week, but were still below the level of a year ago. Prices for cotton averaged higher than in either prior period, while prices for iron and steel, although showing no change from the previous week, were substantially lower than in the same week of 1926. Other Financial Notes. Edward F. Albee, head of the Keith- Albee chain of theaters, who is well known in Washington, has been elect- ed a director in the Chemical Nation- al_Bank. The Great Atlantic & Pacific Tea | Co., has declared a quarterly dividend of 75 cents on common and $1.75 on | the preferred stock. Without including the cost of land, the cost of constructing a_one-family dwelling in 1926 was $4,725, an in- crense of 19 per cent over that for 1921, when it was $3,972, according to statistics compiled by the Department of Labor from 257 cities, TOBACCO RECEIPTS GAIN. Ground Leaves in Fine Demand. Sales, 533 Hogsheads. Special Dispatch to The Star. BALTIMORE, Md., November 14.— Receipts of Maryland leaf tobacco showed a slight increase last week, to- taling 533 hogsheads while sales amounted to 825 hogsheads, leaving a stock in State tobacco warehouses of 14,423 hogsheads. Ground leaves were in fine demand last week, one fine quality hogshead bringing 27 cents a pound. Quotations for Maryland leaf tobacco per 100 pounds: Inferior, 5.00 to 8.00; frosted, 3.00 to 4.00; sound common and greenish, 9.00 to 16.00; medium, 31.00 to 40.00; good to fine red, 41.00 to 55.00; fancy, 56.00 to 8.80; seconds, common to medium, 5.00 to 24.00; seconds, good to fine, 25.00 to 45.00; upper country, air cured, 3.00 to ground leaves, nominal. ———————— Woolworth (5).. 194% 195% 193 195 Worthn Pump.. 264 26% 26 26 Worth Pump (B) 38% 38l 38% Wright Aero (1) 53% 534 55% 28 Yellow Truck... Yel Tr&Co pf (1) 88 Youngstn Sh(5). 85 Hourly Sales 480800 12 m.. 876,900 1,161, 3 1,462,900 dends are not _included. * Umit of ° Partly sxtra. able the declaratians. ia*1,50 1 o S in_stock. 1 Plus Sl b B ~ ¢ 0 ial in ly ra or special divi: | H 22a27; Leghorns, 17al8; roosters,“15a 18; ducks, 23a25; small and poor, 17a 18; geese, 20a26; pigeons, pair, 20a30; guinea fowl, each, 40al.t There Is Economy In Our Real Estate Loan Plan As Mortgage Loan Correspondent of the Metro- politan Life Insurance Company we always have funds available to loan on the most Satisfactory Terms. Consult J/EAVER BRO REALTORS 809 15th St. N.W. Main 9486 Mortgage Loan Correspondent Metropolitan Life Insurance Company JOHN JOY EDSON N, President Organized 1879 $5,292,042.70 48th YEAR COMPLETED Surplus........ Join the Egquitable —Save Systematically Per Share S Start a systematic savings account at the Equitable and provide the way for Financial independence. Our plan of saving encourages thrift in a regular manner and helps you accumulate money. Open an account today and learn of this wonderful plan. 915 F Street Eggs—Receipts, 793 cases; native and nearby current receipts in free cases, dozen, 45; strictly fresh, dozen, Butter—Good to fancy creamery. pound, 46a50; prints, 50a52; blocks, 49a 51; ladles, 37a38; rolls, 34a36; store packed, 34; dairy prints, 34a36; proc- ess butter, 4la42. CANADA MAY GET GOLD. NEW YORK, November 14 (F). - Canadian exchange is now at the point which gold may be expected to move from New York to Canada. Montreal funds are quoted at a premium of 11-64 of 1 per cent —e CUB SEAT SOLD. NEW YORK, November 14 (#).— | Membership of Arthur F. Rodewald in the New York Curb Market has been sold for $34,000 to F. A. Wild- nauer, an increase of $1,000 over the preceding sale. BUTTER IS HIGHER. ; CHICAGO, November 14 (P).—But- | | ter higher; receipts, 7,164 tubs; cream- | ery extras, 48%; standards, 45; extra firsts, 4515a46%; firsts, 4015a4214; sec- onds, 36a38%;: eggs higher; receipts, 3,643 cases; firsts, 40a44ls; ordinary Over a Third of a Century’s Experience If You Own An Apartment R g - Equitable Co-Operative Building Ass’n. WELTER S. PRATT, Jr., Secretary : ... $1,511.115.87 Subscriptions for the 94th Issue of Stock Being Received —and are managing it yourself, nothing short of your undivided atten- tion will keep it going to consistently satisfactory profit. Given into our hands, as specialists, you will earn more. B. F. SAUL CO. 925 15th St. N.W. Main 2100 save worry and firsts, 30a36. e FEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sons. Closing.) Maturity. OPS " Hay Todi =253, 32 3 FRARSERE GERMAN BONDS AND STOCKS. By Special Leased Wirs to The Star. NEW YORK, November 14. Bid. 53.00 Asked 58.00 30.00 ) Ger Gt Red Loan with draw cfts att per 100 R M Red Loan without draw ctfs per 1.000 R (Quoted_ in_dollar Hamburg 4338 1019 (Quoted_in" dollars pre- o5 b 38, 315 o Hamburg Amer Line 4 North German Lloyd 4 i) 2 Commers and PHvat ommers_and Brv G. Pub.en . Nor Ger Llovd. ... Austrian A'E G (Gen - TREASURY CE™TIFICATES. (Reported by J & WV, KEEP YOUR MONEY CONSTANTLY AT WORK INOVEMBER 15th marks the maturity of your bonds issued during the Second Liberty Loan Drive. For years you have enjoved the absolute se- curity of Government Investment, and now with the release of your money, be prepared to reinvest it immediately in a medium that also enjoys une questioned safety and an assured and generous annual yield. FIRST MORTGAGE INVESTMENTS se- cured by imfproved real estate in the National Capital. SHANNON & LUCHS. INC. 1435 K S¢e. N.W. Main 2345