Evening Star Newspaper, August 8, 1928, Page 11

FINANCIAL. FINANCIAL. 1 REPORT ON COTTON | [oxsev vomx_ BONDS o esemanr] | (RB SALES SLOW COMMODITY PRICES |°*** s o oevors Reccived by Private Wire Direct 8o The Star Ofice Special Dispatch to The Star. NEW YORK, August 8--The bond Sales. High. Low. Clos > 7Uni Verde Est.... oyl market is showing distinct signs of IS Bl_fl e, Sen. Tow. ‘ciom, | BROa S W 00 1008 100% |N UNEASY MARKEI bonds raded Ji on the New' Sore Curg| § Bisk detal. 5 | L e Lib3%s.... b5 9923 0923 99 B & O 1stbsct. 104 104 104 Market today: 20 West Bnd Ext Mi 2 institution or individual to purchase | ) S 107 g1 | ¥ Lib 1st 4 100 25 10020 10020 | B&OTrf imp 63 1081 1077 1084 | | e el Salesin INDEPENDENT OIL STOCKS. bonds with the idea that the bottom i Lib 3d 43 8. 100 100 100 B & O Toledo . K3ty R3ly 881, | - e Ifi'fl“ { hundreds. | has been reached, for firm money in Lib4th 4%s 82 10031 10027 10027 | Brooklyn Elec 61is 5 95% 5% 80 e Mllls.. D, O, | T iz A con olflelds .. 8L the Fall may compel further liquida- Recent High Estimates of | 1835 9813 %13 | Brooklyn Klev 68 3 94 ai | Warner Bros. Issue Recedes| 1aum aa ;o i it i 3 Am Maracaibo Co *' 421 Slashes in Cost of Manu-| tion. What 1s now being witnessed may | i ; 98 2 20 | Bklyn Manhat 6s.. 9 95 984 300 Sup ML B o 5 Barnsd_deb ris .l . be nothing more than a pause in the 9820 ¥ ¢ 2 Anro 8up MI B 8 75 By ) 3 2 2 ‘ i Alfiron Dr A 1 : g 8 selling which disturbed prices so much Crop Shattered by Figures | U5iias 10 ito2s 1ia2s 10938 |Ganat e e Under Selling Pressure. o Al Yl > 2 1 Gitles Sery o' 4 g | factured Articles Aid Farm- [fing Thich disturbed prices 2o much Can Nut 4108 57.00. 10 9 . Al B ReT 2Tl 3 Columbin Synd 1 « 4 attractive than they have been for the of Government. PO ich. Lo, cioe, | Gannd Nortn s, 6 Money Rate Is Factor. AAm & For Pow warl i 3 PRSI Son peie’ 1l ers of United States. past yeax an & palf, and it would seen PEehEIne S oz - T O™ | Canad Pac debds.. 5 A Ao E T 1 Darby Pete < " 0 be advisable for regular buyers of BY CHARLES F. SPEARE. Argentine §s Octsd 2 993 4 :;}'??’:‘fl:“é";‘; iy 4 4 BY WILLIAM F. HEF | Gas & K ¢ i O B ; BY J. C. ROYLE. | "x;‘,,,']“,,‘,."g,’w.,, R eabis oF (iR tadrket vecial Dispatch to The Star et o 9% | Cont Pag 1ot 58 80, 6 1011s 1011 | Spectal Dispatch to The Star. | peh Bve 0L b 7 3 Mexico Ohio. 111111041 " 414" 814 | pecial Dispateh to The Star. {"the narrowing of the yield margin be- NEW YORK, August 8 —All of t)‘e,Aufi‘,a:|.“\,,,,fi “1 88 <st. | Chesa Corp 6s w1, 974 NEW YORK, August 8.—Uneasines: Somerp & b B I Mount Gl 2 82 NEW YORK, August 8.—Business LWeen new: and old iseues. This was Tecent high estimates of this VEAr's|yiciralia 5s1 b (8o {Ches & O ov 4l4s over possible unfavorable developments B Amer Roll Mill Prod Pl h “ one of the weak features of the mar- cotton crop were thrown in the discard | xuseralia 5s 1957 Ches& O zn 41gs.. in the credit situation was ponsible | 2 Amer Sol & Chem . prospects throughout the agricultural! yots of May and June, when bonds today by the Government figure of 14,- | Austria 7s g CB&Q4%STTB., 2 for lessened activity on the buying side T lInaL R Dhe AT ' i 2 27, | districts unquestionably are looking up | wers brought out on an income basis 201.000 bales as of August 1. e % ChigE U1 zn 58 51, 9 R of curb stocks today AmerSuper F I [ L today. Crop yields are stil undeter- | lower than on those already in exist- A week ago one of the crop experts [ Bank ofChile 63s.. 57 981 | Chi Gt West 4569, 15 & " BATeEANGs Of in DiEieANe.1H the Ne 1 Ameterds Ve 331, 33 iter Foster O 0 < s e Recently the two groups have ut out the report that the crop lookea ¢ 100% O% | CM&STP rot 415589 . fork Federal Reserve Bank rediscount § anglo Chil Nitra 38ait_Ck Prod mined in some instances, but the prob- | ;;me together in a number of instances 1051 York Federal R F discount | T AREE, S0l Mt i g ike 15,110,000 bales. From that time % ChiMIISP&PiachsTs 24 v “ rate at Thursday's meeting bad their|. 2, Armstrong Cork 5 5 2Bavoy Ol 2 able results seem likely to be such|in the domesti foreign lists. up. W noon today there had been a :;(fi:fl"::,: H,s ;j:‘ C \|~:.§\"\H-J.n Hs08128 74 reflection from time to time in the Asso_Gas & EI 4 el o as to produce a decided seasonal ex-| are even a few bonds that e 5% : | Chi & sen 4 a1 steady decline in prices which had | zo/ . - i Y . 1Tid Os O non-vt 1 1 | pansion in sales and a consequent gain | chased today on a better basis than old brought futures down 37, to 33} cents | e 51um 7is.. 13 114% ] Chi NW 41,8 20 2 { a pound. compared with prices prevail- ing at the end of June. The Government estimate was so much Jower than the trade had ex- pected that prices jumped up l‘mm:i- after the report was released. | round 19 cents all of the SPECU- | ramin Sate 8 10 1081} C& W a51es 62,0 105 exchange. After opening at 767, af 1BIvn Shoes Tnel il S e L R ¢ | ufactured articles seem likely to de- | which wz st of the big Spr ve months advanced 1o 20 cents and s o s 101% | ¢ ’ oke 47 some %o about 20!, cents. Cotton has been going through a period of violent price changes cver { movement of the main body of stocks e Mool 96 although weakness was not pronounced. | 14 Auburn_Auto Co 2 Venezuelan Pet St » in manufacturing and industrial ac- | bonds. | 1 .- | | Belgium 8s. ... 3 110 1&NW 6igs. ... 109 109%, W | Axton Fisher A 2 2 Sales STANDARD OIL _1SSUE: tivities before the end of this Fall | still another benefit to the market | { Botivia ¥s... 9 105 Bordeaux 6s....... 3 993 1& NW 7s. 1035 103% FHGE AURIY T 18ehia cory .. inunits. MER BUBSIDIARIES ST Crop prospects are definitely better | the closing out of syndicates and g g M| ChiRys ss..... f11 &1 | Warner Brothers Pictures class “B 47 Bancitaly €0 . S 1020 1) 200 Anelo Am 01l 8, 18, 18 !than they were a year ago. both as| establishment of a free price at a level ey e e 613 Chilt 1 & Prf T a9 | was again the center of speculative in- 10 ol finit Bl 1 6 b o i 414 | to probable yield and probable prices. | to attract the investor. The latest svn gty 1ol oK MMICRIPacshewi. 50 9% 9 terest. Tts action was typical of that of | i neid e ; 3 71 1 But of even more importance to the | gicate to @ is that of the Abitibs Breatiee. - i 9ok 10 cut 0n Sta tsks, oy the senior shares deali in on the stock | %1 BRS § : farmer is the fact that prices for man- | Power & '$50,000,000 isste of 58, « | Canada : Seiihi i 1 .\I StLrfisA. 100% gain of almost 2" poinis. profit ¢ 4:|||\i} L0 ALS Br . 00 Inter, Pet Lt : 3 crease as the year goes on. Thus the | offerings. The bonds broke 4':° points Canada 1 100 e B . 5 g which catried - thes Britlo M ? 100 OBl : armer will gain in direct cash from | and have now recovered about half this fcaasie 15508 ::1 vl et ::-_:‘ & 4 price well under the previous final of Biillo Mfic ‘A 2 (300 Benn Mex Furl D!, 3 high crop returns and gain from the | joss, Earlier the Aluminum Co. lim- { v ver | Cpi 8501 or T gt 8 i 000 Brattle © & G v lower price of the products which he | jted 5s. which came oit at abott t since the early part of June. The (& b o i i Cuba RR TS ... 1055 Speculation now in progress in mo- § 300 South Penti 03 has to buy. same time as the Abitibi 53, were re- excessive rains in that month sent it | coppoy jap, e * | Del & Hud 1st1f 4s 92 tlon plcture issues was likened to that N & B 00 Sonthern P L 1 i 3 ¢ Miidd. Ty Rave SUARISEAN tht up about $13 a bale. It was believed | cop oW JaPin 78, i ¥ | Den'& Rio G cn 4s. iy § which accurred early in 1924 in radio| J3Buf Nuas & E P A 43l 4 4008 0 tnd : Catalogue Shows Trend. | ety aereial iathe haicier e ihacits at that tim t the crop would not | coue/pased 8% o3 ik West 5s. .. A8% issues, following the inauguration of a mpbell Wyant 108 O N ; $1 This trena’ of ‘prices is malated | K perre Do WnAEERhe SueCHp- measure much greater than the 1927 | (iRRNIREN 08 ¢ i ‘ | e L United 4348, o market for these shares on the curb. Marcont W sl | 800 Vacuum. Ol 9% | plainly by the recently issued catalogue | production of 12955000 bales. This | Creohe 881 $ e R TN e 70 Recent buying had been based primari- | ] Gajeral Aoaet < ok of one of the leading mail order houses, | — o - pessimistic feeling was replaced later ‘l(.z‘muhl g 15t conika 3 8% ly on future prospects of the talking g €avant Dbl bd Wi 10 oisunds | showing a general lowering of prices | $1,175,000 FIRE TRUCK ORDER. in the month by a more bullish one as | [Heho bs 19 5 * lome {Lirie conv 45 A... .1 motion pictures. Whether ultimate re- L Am o8 A 10 Abbott Dairies 65 | npracticaly all lines. The catalogue | * oo R R PR the weather improved and indications | De0 £r1o cve 55 67 W 1.» . ., | sults are to fulfill most sanguine ex- & oI 120, i e , has long been accepted as a barometer of a fairly good ield I all of the | D E18%s Mch 5. . e ¥ pectations is a matter of conjecture. Celctex Co pd 81 15 Al Co Arar ‘857" 19045 19015 10812 | by merchandising Peconomiste " because | ©an La France & Foamite Corporation Southern States and in Texas in-| DUlch Eastlgsez. 7 runk stdb 6s. . ; The more conservative element, how- | E Soufiw i g B B Cor 65 ‘A 10313 103 ° 10313 | of 4rs widespread distribution and its | Das orders from various boroughs in by | 1 Saivador s 48.. & 108 « | Grand Trunk 7s. .. BVer TRA) th I SRR S s o b3 LI m Com Al 8, 99 | Ceneral appiication in all commodity | New York City for 240 units of motor From the end of June until midday | Finlana 5is... 3 Guig] Sit Sovghn doasti,, i quel' to the unbridled speculation in 4 Check © 36 351 w it 6 8" 10575 fields. “ | fire apparatus costing more than $1.- today there was a decline that carried | Finland s £6s45... 5 . i b : 24 radio issues e RS B % 100 104 Wearing apparel has been subjected | 179.000. The company had profit of down this year's options from close to | Fintand & 1 4 Hav El Ry b3 62... 8 Columbia Graphophone continued se Sohn-HAlL Magx. ... 33 3 i 1a 1001 1005 | to drastic cuts, approximately 15 per | $319.999 for the half year from fire ap- 23 cents to the neighborhood of 19 | Framer . 106 tHud & Man ref 68, . tive, but no further attempt was made 76 raph dd 378 ppal 5 95" 99" | cent or more. Prices of house furnish- | PAratus, foamite and sundry sales, but cents. Now crop estimates and prices | Krench 7 144 107 1 A AR ) Om to bring about higher prices. Spanish| § Gommons ' pfd : | ey i« 163 1b8 | ings have been smashed equally hard. | 1055 Of $130.900 ir truck are about midway between the figures | French 7 16 115 5 St | 11 Centref 4s 9 General Corporation, from which sup. & Consol Dairy P 44 ABs06. G il 415 97% 97% | Tire prices have been cut at least 15 | OPerations b« against of carly June and early August. | German EI P 6s.. & 91 11 Cent 43,3 66 port was withdrawn ‘Tuesday, fluctuated ol o OIL 6 10115 30175 10155 | per cent, These. cuts are made possible | SPecial T |German7s........ 41 106 1065 | SLLENO b8 within_a fraction of the current low. 2 Gonso? Lo | : hiio " e i ) BOR R ity OF the eveat basic. hidua S 3 | Ger Am Bank S 1004, A 1 Tran bs. 7 Piggly-Wiggly common stock attracted Ttis Pub 7 at 110 109 110 | tries to maintain high operating rates, A 0 DU PONT MAY RESIGN. |GerGenmieets. il 2 1030 10 DTr b8 atpd. | attention by its sudden activity and Moot o N R n g sk o 100 1oy gh opera e CLASS 1 RATL INCOME. : r s Y A0 | to reduce overheads and to meet the : ! Hawigs...... 1 1005 100% | pid Tran 6s. . " strength, although there was appar-| 94} 4 3 3 s Bar 96 ' 98 = 96 most severe type of competition. Class 1 railroads for tb i Hungary 7338 1 100% 1005 1001 | it y 9 ently no change in affairs of the com- b o i | i 99, 99% | All of these factors are indicative months this year had a net raflwas General Motors Chairman Reported | irish Free State 55, 3 96 - 96 1 93, 3 y pany to account for the demand L R 2 3 C [ bl A71% | of a healthy prosperity. There are still | CPerating income of $462.025,181. which Ready to Quit Post. ey e SO RS Jn a3 s s Industrials Stron 1:;3; an Silk ; : » s 10822 1031 | election uncertaintles 10 be taken into i ‘i}",,,“'n‘;]”;‘,;,.“";, of refun of ¥ i u 7 .10 967 1 yeiy | 1NURY CA 6las 5 et LAl ke denbire 18 Durg t 21 51 7% 97 sideration, bu ese are not of it ir property invest- NEW YORK,. August 8 (@) Japanese 633s..... 35 1028 1024 | Kansas City 83 5 e S ittt L LT B . ] 212 95v, 93t | Daramount importance. Some of the MeNt, according to reports just filed by New York American say { Lyon es. 9915 9915 991, | Kansas City S g | prices of Meluille Shoe old, and sym- £l Invest Tnc ; : \, 108, 1051, | farmers of the Northwest have been | the curriers with the Bureau of Rail- Picrre Samucl du Pont will resign as| Marseille 6s. { Lake Shore 4s 31.. ¢ 4 97% | pathetic buying of the new common v icontl G & E 1501, 1y, | greatly encouraged by the promises of | Way Economics and made public today chairman of the board of directors of | Mexico 4s U4 asntd, | L 3 3 ‘a| Auburn Auto appeared to have dis- 4 y M SOy W . 9 08+, | one of the great political parties that | In the first half of 1927 their net rail- the General Motors Corporation before | Mexico 4s 10 asntd. | 9 counted for the time being the recent Fi 3 " $Det Ciy G ¢s A 2 10712 | the Lakes-to-the-Gulf of St. Lawrence | Way operating income was $472,998,330 the end of the week. Milan 6%s. ... L ghan 1y 16t50 $81s 6815 6xig | UNSAtiSfactory six-month earnings state- | 3 . |l 13 Dot Fou Soin B o g 9% ° | waterway would be an accomplished | O 457 per cent on their property in- Mr. du Pont was reached by the|Netheriands 6s 54, . | Market st s 40. ment. Short covering carried the price ation Rk T 3Empire O & R 51i 23 93 |fact in four years. On the other hand, t American last night at his home in Wil- | New So Wales 57s, Mil El Ry & L 55 61 0 up several point The: 7 IPed Sug 65 . ... 80 | thousands of farmers are reiterating nington. Del. The financier said he did | New So Wales 58s. " Minnd (L it Fed Water Scrv 5 1 glasot that the project could not possibly be g = Tot feel able at this time either to con- | Nord § 1ys P Ry . ; LET e completed in four years even if it were PENNEY C0. SALES GAIN. <ooeess 6 100K 3 SM cn 4s. 7% | . 2 firm or deny the report of his resigna- | Norway 6s 1963.... 23 ety M ST&SS i 4 3 s Gen .Am Inv 1 8 s 30 .. 1003, 10613 10013 | approved; that half of the money must NEW YORK. August 8 (&) s tion. but added: “I will make an im- | Norway é%is. . 2 10018 i ot b 964 9 ‘COTTON JUMPS $6.50 | . fon "Bk v 2 i o 2 98" 98| come from Canada, and that it is not | of J. C. Penney Co. for seven i rtant statement to the directors of | Norway 6s 1943., 2 103 3 b3 | MSUP & SSM 61 F 0 3 Cable, war 0 A 531 152'; 153+, | vet certain that Canada can, or will, ' of 1928 rose to $83.487.806, from $71.- Peeneral Motors at their meeting in Norway 65 1944 102 i:réx..f.\l o Tante e ON U s CROP REPORT g s . 92 8 99 |produce its quota within the stipulated 202086 in the cimilar period of ?9:7. New York on Thursday afternoon, and | Norway 6%s 1952.. 5 102ty 1021 | M K & T adj 68. - . 312 1031 103% | e Gen Pub Ser 5 aD N % tme the statement will be given out when | Orient Dev deb §s. 2 99y 99, | MK&Tprinbs A, y 1004 | i e ‘Alten” Coal.!: 181 o 2 90ty Grain Situation. % - g d A Gulf O1l Pen 55 9 100 v e Shaie Parts-Ly-Medds.. 20 995 sui, | Mo Pacific gen 4s... % T 3 A 7 Hood Rub. 5128 7 The importance of this particular r The American says the reported res- | Paris-Ly-Med 7s... 7 1034, 10° 1t | Mo Pac 55 A 6 o - | Great Volume of Buying Orders nt ¢ 7 07 13 Hood Rub 100 100 s h 5y / : fgnation of Mr. du Pont is not dis-|Peru6sé7 wi. 10 :u - l?f"' “| Mo Pac5sF 71, . 5 - oA Al b s a1 3 Houston G 99,, 199, | factor lies in the fact that agricultural We Are in the Marlcet 3% 3 Bebatng o L "s"nl:‘t‘em.lot{nh.‘vS guhnm Ts(rets)... T4 s8N B8y wss | MontTrmrefisd41 3 99 9%, 99 Follows Forecast of 14.- i 3 TR S .04 B o o fr';';??;fo‘?m‘é"?f) ‘Esruhpin?; 1; ?gu}cdenb; to purchase Second friend and long-time associate, John J. | Poland 8s...... 7 100% | : H ; : e s ! 9 "la bu er thal esent, if Raskob, who retired as chairman of the | Queensiand 6 6 104 . 851, 291,000 Bales. : i 4 " ¢ - Eow Bee 981 \?h i Gl foa s e O T N S = 6s. ] % 10474 | &MSSE., 0 . _Sec s 9 o0 - |the waterway were completed. Wheat rust [Notes finance rflmm“‘flfifsfi?{;fi m“’"nm‘ Queenslaad 7s. 7 112 125, | NOT&Ma%s. ... > - Jiasur oo A £ fulemta Pow 96's 94, prices are regulated largely by the il :fipgrll;ge of Gov. Smith’s pres ::nmelg. Un7s.... 16 105% 1055 | N X Cen gen 334s.. 3 By ‘the Associated Pre: 3 nsur S¢ 4 3 10 Irivest Gorn Ams o ‘A ., | Liverpool prices. American farmers re- '"’-""é"e 6!'."!“’[’°}"é 'I“‘ ;?'“‘ % f 10 de Janewo 6345 9y 96% | N Y Cent deb 4s. v the Associated Pre .| 2IntCi 2, 1 Kelvin Corp 6 gt | ceive the world prices less transporta- = istrict of Columbia - Riode Jan ¥s 1345.. 2 107 N ¥ Cent s 2T 0% g St o e D T | T Ry 2 A [ 2 e It ‘e trans- Promft Service Given v 8105 i NYCre ernment c rop report placing the | I 3 Let Pow_ 0 S NEW YORK BANK CLEARINGS.) jo CrieSulds. .. 3 106 ot A A condition at 679 and the indicated| | Inpern ¢ s 1M S G ) 1 | oced 1o w0 16, cents. the Ameciosn National Mort & NEW YORK. August 8 (Specia—|Sao Pauio 85 1936,. 4 106% 1061 106, | NYCHI&SIL 5355A. 5 | yieid 8 14,491,000 bales was foliwed ) . 2 iniet 1 YR s S | farmer would receive that much addi- [ff = EEege New York bank clearings, $1,063.000.- | Sao rauio 1950 2 106} o1 106:. | NYChI&StL 5l 8B, p { by a jump of about 100 to 165 points in s Ransas O & E pfd G Mwect Sasty ke D 13, 4| tional for his wheat. Investment Corp'n ©00; New Yg;krkh&kd::‘ll.nca. :::.0&1 Saxon (PW) 7s. 3 oo 106k | N Y Bt L ba s m.-D cotton market today % om | JEE Do i v | 2 e »&C e 7 1031, 103 | Nonetheless, wheat today in the 1004 V. A pVW 00: New Rese B omtitog g 100% | New Haven 4855, oL ccember contracts sold up from| 3 Kemberly o - 3 Nars Co e A 9% Northwest is 40 cents a bushel cheaper ermont Ave, ) ances, $82,000,000. Serbs Crot § S5 e Ot | N YN Ha H 4866, el | 19.00a20,33, or 133 points from the low 00 briid 4 (| Nt B A LA 1 8% | than it was at the high of the !,3;_ — 6 92 92 LINYNH&H4%s, 9 ;{F‘-“l *("f r':“. m;;'“,'(';‘,k’,““"”;m(”;flb"r'dfi- - ;. i 28 Mot Rub, M € 2 Despite this fact, corn, oats, butter, 2 1 99 NY NH&H cvdb 65 7 . | vanced from 19.10a20.75. The first rush Tonday : SR Bl L 2. 81 eggs, cheese and hay range from 7 to naton Stock Exchange|sweden ss. T 100 Y NH&H clt 65 . ing seemed to subside at these 1Lane Bryant 0 S Biater B M $ics 1052 10832 |40 per cent higher than the prices a | Washingt U Bwoiem sien. 1 104n 106 P Ohn oy o res, however, and there were rather i ¢ B TR L Qo et R O I s RaOoding 10S 1ol s Consult Us First SALES. bt Ao o e AL 102 I N ¥ Kyn 08 65 oo & . 5 1 quick reactions of half a cent or more, | ¢ : : alls "8 100 farm dailles' survey, This survey adds | o s kirs Wash Gas 6s A—$1.000 at 104, $800 8t | 1op0 o) poyy 78 s 1IN Y State Ry 434, 1 with later fluctuations irregular 5 E 3 IPhe PhveE s B 24 aun, that while there will be fluctuations up ' If you need f 10273, $200 at 1:32‘;;» ¢ 10435, $300 at| TOKIO 8% 1961027 20 ix e | NYStateRy 635 63 Jlte: mCatternnnn, markey iy st | B e | {E’"““ QN Ef 68 A ww 1003 1015 1012 | and down the line, it is patent that as || yvour Real Est lm;\_ncy et Wash. (3as 65 B—$300 a B, . 3-580 INYW&B4ys, | around 1982 for December, or abou v penn B 0031 100%% 10031 | the harve it b eal Estate financin * 1048 Rt a1 2 ke 118% | Nortolk & W on 45, « o4 | 59 10 67 points above yesterday’s closing | i 3 Ehlia Subusbay 4 19512 108e g:'xc:fi?\:fl?:: 1‘\‘2{“&9‘{91:‘?”(\??&2“ let us have your applicati : Pot. Elec. 51:% PA—I0 at 1074, 15| TRORRCIES ST T e Yoo | Northern Pacific 43 ¢ S9i, | Quotations e M Mecord BB vt D el gPotomec BN E T 030 93 Sis | while, as a matter of fact. an'advanc- || today 5 sl at 107%5. . s 6% | Northern Pac r 1 s ; iy 112 A tremendous volume of buying ap- 1Mely sh F0ub Sery X & G 4ids 97 T, !ing price trend is indicated at the B e Dist. Nat1 Bank—10 at 244 MISCELLANEOUS. Ore Short L rfs 43, A2 | peared when the market reapened after | 2 Meirg Chiln Sty Qusens B OLES\A 4 1021, 10210 e ey o oo | Prompt Service er. . & Trust Co.—3 at 455. 4 5 = | & 20-minute intermission to receive, the Vi MeKesson R_E: 's | No i F Amer. Sec e s 35 at 25, 25| AAGrIChem T4s. 1105 105 106 | Pennsyl con 4%s 101% | Government report 1 Missons 1l Siares : i 1, B Appraisal Fee P i * Pl AmSnith R 168 26 102 1015 dots | Pennay) gen as.. 3 981, |~ The October position, which had sold | 7 Mohawk Carord ™" : gl 2 Snides Puck s ¢ i I WILL ENFORCE CRAB LAW. ! ial Nati | Mergenthaler Linoty W TR Toirrae i oo e L .- 106% lat 1910 at 1115 o'clock, advanced to| 3 Manawk Val'ofs"n 12 Southenst T €1 657" 1o, Toa ot | . The Commereial National at 10012, 10 at 10015, 10 at 100%s. AR DA Toitebe. 1108 ol | by it g 6 0212 | 20.75 cents a pound. then cased ta 20.37 | 1 Musicipal Sarv i onl Ban o 1003, 1003, & Company Nat'l Mtge. & Inv. pfd—50 at 4%. T e ol L e L Sy Lo 110 leents on profi-taking. December cot-| * J N Buf Kach R T R 1091 100% | Maryland Official to Cite Shippers P AFTER CALL. AmTel&Teiblis. & 106% L06% 1067 | Pere Marg 1st oy, Hgh el R R R R T B 1) 1 Bouth “Diries s A for Vi S N O Pot. Elec. 51.% pfd.—5 at 108, 9 at 108. | Am Water Wk 4w, 9w | Port R L & P 53 ¢ g (o ave g TR0 | 3 Nelson 5 5" 23 28outnw 1P AT 01 08 103 v Pot. ‘Eiec. 315% pid—15 at 108, 2 at|Am Writ Paper6s. 11 87 57 Port RL&P 713 46. 07 ¥ [ e e ¥ | RN ELaA 1 o BALTIMORE, August 8 (Special).— Commercial Natlons! Bask Sids. g | Anaconda 18t 6s... 26 105% 105% 105 | Reading gen 41gs. . 99 994, GRA'N PRICES DROP | N B s J8and B & 1. g m{‘ The 5-inch cull crab law is being strict- Fed.-Amer. Nat'l Bk—10 at 336. | Anuconda cvdb is. 6 1194 119 9iy | Reading J C4s51,, | J J pta i {:‘;:Q'_t_di,t‘;-v % 100~ 100 * 100 * | Iy enforced, and. in addition to con Riggs Nat'l Bk—9 at 510. | Andes Copper is... 1 12515 1251 1231 | R 1 ATk & L 8 155, . i & Shep e . skl 98'c a%1s 981, fcating crabs belov this standard, of- ‘ X L 12 : Bhen wir a6 Cranse 103 ° 105 ° 108 N T - st Melro:oenuulzr Linotype—1 at 101, 1 -l‘::::zfifi;‘::a“v 2: ;;‘. l:f szu%msu 29... To NEw I.OW MARKS § Niles o 1d L Prighe & Rau“sics 91 e " g}:‘\::;‘thr(.n(‘;l:l;fi}:vnl‘gkgr:gmn agains i { . 914 St L 1518 R Worth Am Uity 7 ! 5%s .. i 4 o o i 7 Tai % Capital Traction 55—$500 at 101%. | AsSociated Oli6s.. "1 102% 102 1025 | St 1ok 'S B prse A° 4ia 8 | jHomnh pm GOy s 0 . 2 xR B | “The conservation department from Tailors to successful men Seoney——Call loans, 5 and § per cent. AlanticRefinbs... 1101 101 101 |5 L g + 7 Northe Pow ... e aie 2 Vars r Ple flis 1815 1513 1815 | time to time, through its inspectors in since Pennsylvania Avenue % & | Barnsdali 65 1940.. 12 102 101% 10i% | St L& S B g Weakness in Liverpool Quotations| % Nor 2ia b ara Tonos 1 ) & | Baltimore,” Swepson Earle. chairman. | K pacame the Nations Main Street Bid and Asked Prices. Beth Steel 6148 53. 1021 102 2 | StL &S K inc6s 7 101% 1017 101 € Northwest Eners . .. 384 3 § Western 3 | said, “has confiscated a number of bar- il | Bethiehem Steel 63 22 104% 104 104% | SUE & KCSHL 4555 { 9.4 9 and Canadian Situation RGO P e 18 atises s rels of hard crabs, due to the fact that PUBLIC UTILITY. blesrdts 3 92 91 42 | Seaboard AL 4sx p Cause. i{ pein O Ed B pic 1 sands o | cat e crabs, a la ercentage s Bid. Asked. | Chile Copper os. .. N e e Ve f o1 « | near the bottom have been found dead 7 ;ui :_-{i oee . | Col Gasackl deb 55.10% 190 y9% vyis | bAL ad " : s y 58 “The department wishes to notify all & Tel. ct). te. 55110 CenCoal Md Istbs. 6 7si; 77 78 | Seab A L con 6 ol R > ; };‘n":y’[.v.m s 9514 951, 031, | crabbers that it will be obliged to take RO 3l 98y ConGasN Y Sigs.. 2 1051; 1050 105% | SB All Kla 63 35 A, : CHICAGO ! WILH ‘surphis 1 A ) st i » | action against the shippers if these 55 . TRSbiNers P ta. - 3 e e e 243 S EIOAGO, Auiey BTl urpius | : : Rk ¥ shipmenis of undersized crabs continue. pitas Traction B R i | Cuba Cane ¥s. .. Gl 110 884 as totaling 1104.000,000 bushels agains AL 1of &0t B Ger St 6 B g6 ¢care in' the culllng of crabs mn {in Georcuony Gas Tt 8.1 * | Letroit Bdfsonss16 6 103 . 1031, | Sou Pac 4% rets, , PRSI0 0D DIRINE NG ekt . Whekg + . 8 we g " | waters of this State. - 4 i) % o iy W i : Dodge 6. . 387 i3 U8y | S0U Pap 4 valies today underwent a sharp sei- FEE [y : . LD R A io3i3 | Lodse s 187 uiy 9t | Sou Ry gen 48 back. New low record prices for the sea- |, 1) ftoct & Gamble Vas V. e 1085 Lty 1 s | liverfes of wheat and in some g § L ptd > 3 R SETBERLIN Areade 6iss Uen Mut Ac Cor 68. 44 102% 1ozh 102l | Third Ave ref 45 60 685 6F corn and oats Prospects of a bearish . L Yield of 14,201,000 Bales Indicated Ballo. & Annsp, 5s-,.-- £ It o gt LR 1075 Thira Ave ad) bs 64 61 Government crop report tomorrow as to d A 3 3 : 1 " 3 Joudyest®s icts.. 16 W | Tl Tr L&P bYs 30 YO 9 wheat were given considerable atten- R0 & ‘Tool . é 8 S ALL‘I READS 08 ¢ 1 Humbie v bx...... son LU b - ok Pow o 200 2 ; in U. S. Figures. ! e 99% | Union Pao et 4s, . e tion | Bk M 2 A LEHMAN'S TIRE SHOP ie 0 & 1t 5 igs ' 101 | Union Pacitic 43 68, X7 B8 Wheat closed unsettled, 17 to 2% Satoway 75" 876 57 3 o a1y | BY the Associ s b & K NW. Miin s om Steel 4 lyn. 975 | Un Pac s4s 67, ., UK 97 net lower, corn varying from %y decline §Rater Blrs way. 40 p 'St Mor BY 7y 3 | The Depart of Agriculture an- 12th & K N.W. jain ger, o ot o Virkinis ity 1at ba, 15 1045 104! fo 1 advance, oats 14 to 1 off and pro- | 3 fchulte 1] : e Bk s §%2 | nounced toda cotton_crop of :.'.i‘.\:..h.m ,..;x.. ,;v.. Ry&Pos...... 5100 100 ‘1 visions unchanged to 25 down v y 3 ! e T '8 8%, | 14,291,000 equivalent 300-pound bales /— - %' | insse: Marine o aust [ it 6 s o | o O i ' FER P8 | it o the tro o AU X wht FIRST MORTGAGE b | Wabash b 76 . o5 Ob 3 0 10 Bmith Co (A®) BK Denmk s ix aa1) ol | condition of the crop on August 1 was R Eeieriar - YU YEY 9% | Wabash DYs 75,5 3 102% L0vie 102 ] ! Southeast P& 1 1 Mot Meqmnian, 90 a0 * | 67.9 per cent of normal MONEY uter Faper - B 1084 102 103k | Went Maryiend 48, 7 &0 - 79% | N outhe P & 1 ¢ a5 2 3 W 108 The August 1 condition of the crop, #ark Hovel 5iii 2 Telal P P uth Asbe o wipadghaiod ‘,"” o aya Ve B2 Western Mdbgu.. 10 974 Dg e taribe TR 2 4 Munl Medeltin o a1, which compares with 69.5 per cent a STOCKS. J Mv‘nr&'coh,u B 1145 111 gy Western Pactfic 68 10 981, 95 Decenber a Rou Col Pow A x Parana 75 Sai. aais | Year ago, 69.8 per cent in 1926 and 65.6 | o 3 A ¢ Kan City P& L bs. 1 108% 103, Wilks-B & 21 15t by 10 68 8 Mare L geuipern . . ) R Orande 7y 97" o1 %|per cent in 1925, indicated an approxis | We invite applications PUBLIC UTILITY, awanna St bS. 7 1014 1015 10| 3 ‘ Bes 3 2 Lt B by it nil, | mate yield of 1522 pounds per acre et Y ¥ cde U viam b2, i 8 o9, | compared with 1545 in 1927 and 156.3 or loans on hnishec 7 | Louisv G & & 6u 6 . 10215 100 "k‘EDEB.AL LAND BANK BONDS i § st - | 0 Falls 55 A 0 100 pounds, the average the last 10 property, also for con- ) 110-Con 6455 40, . years. 4 75 38 4 The total indicated production is struction purposes. 13 10, 4 NEW YORK, August 8 4 9 1 1 1 ] glay Soxt Sy '3 | based on the assumption that the area ¥ 1008 105 peciel Dispaich to The Stus s : Midvaie Steel 68... 10 4us & B oo e Mun Power bs 43 . A & Hlec w1 1 Blor 3000 LALAYS. o n “ Land Bauk 45 May 195833 5 | ¢ 1 81is ... 1ty § , | bandoned this season will be equal of The attention given BTN AN Now Engiand Vel by 1 105% 105 Dok o Yo 1e o ¢ ] | Stinnes T X . i 6 1 average of the last 10 years, leaving i 3 7 Bask | N X ssdiwon 65 44u., 3 1050n 0 $2 | kand Bank 4is May 198737 3epiein 5 | 38w A | O B8 A b from the 46.695.000 e in cultivation will be both thorough | N Y Edison 6%8, .» 22 1145 1140, “.: ‘p .:" ‘,l‘;: (-3 . ! wift & s 138 X dividend v « 1 July an area of 48953000 acres for and imr 1a {(NYGELH&PS 5 i 1 und Bank 412 May 1043003 s 1001, | g BELLIES ; \omps P f e harvest this year mediate. | N Y Tel 4448, 0000, 21 100 4 and Dank &as Jan 1943opii. s 1001 | Getober foalty Vith war Cotton of this vears growth ginned N Toleanto 2l 11 107 i 3 I8 ydop3 00 il bra prior to August 1 totaled 87898 run- Low Interest Rates J 198308 0 i G N Y Tel 0849 pmanes 4 110% 1 b1 100 @ Transcon’ Alr Trap ning bales, compared with 162.283 to | wid t . iC - ¢ > 1 Trumbull 1 ' ans oemmission Norin Al meinse. 271 1001 Jad S| | eumbull 81 DIVIDENDS. ihat date iast year and 47.770 on Au- b b Dl LT A Juls 10aeon3t i RASKOB ACCUSES o} b ARt an rl_Nqu o gust 1, 1926, the Census Burcau an ) t Pavk of Wash 2 Not Buates Pow 68, 5 105% 105, ained M WOV 19410 1017} 3 bine. dol LR E Com. Rage viod able. Mracary | ounced today n fts first ginning re B Ve R BorBiscanwew de., 5 1004 ) RV T R BISHOP OF BIGOTRY i il & AR o r ol T A e | aeamon. b b bg, T . F. SAUL CO TRUST COMPANY. van-Amer Pete 6s. % 10214 102 | . BUM Meeatt ® i 5 | Allantic Refiniog govt 13 AUE 31 | ginnings by States were not given . ™ oAb Pan-Amer Pete 18.. 2 104% 101, 10} SHORT-TERM SEC 100 Ened Peumd | Gann, Lt & Bow A ¥ Main 2100——— Bank ] Paramount 681947 16 995 y1, uy - ‘ SECURITIES. A Hunt G g © 1 ta 133 Do 8104 b Auw 18 | NEW YORK PRODUCE ~—-925 15th St " 5 Pathe Bxchange7s 281 75 0% 7 Revorted by J & W Segmun & o) | Democratic Chairman Declines to| 4} fm Lt & P yon iy Do 7% pi ey s 2 Uni_Plece Dye Wk oony TRa My A 3] »\:'v"“ ‘::“1“;1\ t?ll;{\h(‘fl \.\‘pl.-n.u. : by Thc® PYRed : sd 8 ieorgia and North Carolina yellow an TRl People’s Gus 68. .00 4 10254 10 ot Miid” “Gior 5 PRGOS D 10 ot ar A8k 1EAT sudis tof AVen 1041 WIve Bt Name Methodists Favoring 3 AR PhilakResdC&I b, 2 474 A €l & Tel Co 4y 1020, Rte 90l A BaaEs { 1y | Haviman Gorp § Aus white peaches, packed in carriers hold- | Philips Pewro 5%8.. 7 91% 91u 4. heondu Copoet Os 1640 1006y 100] Smith. | 10 8 CGypsim Horouics i 3 Aux ing 6 four-quart baskets, sold at 1.00a Pierce-Arrow 85... 40 104 103 10 et Corn 4Ll 1042 W by | B0 e’ a Hres (C ) Co A 80 Q & e Portal Tel & Co%m 20 96 94 y11, | B ol of Canada oy 1050 y J03% & ¥ Nebraska Pow 19, S Ais e celery in the rough, packed in Public Bervice 4 s 168 121% 120, 11 Pev Corp '84n 1938, 10155 308" | oo 0 Al ociiing b old’ Gotony s ue 15 Auk s crates, peddled out as high | 4tis 030 i | gof Walkreen .o I | Rickw'k Gorp 1 % Rem Rnd 6%m war, GI 93 2 1 4158 103n Bl | NEW YORK, August 8-John g | %0 Warher Rros Pi bf gt 30 and as low as 125. Michigan | 58 BANK. Bl in Tus 7 & Bond A i ‘ i Wavne Pumn Wl bl B s Tl y y brought 90a1.25 I e kil Sinclalr Ol 83...... 0 9wy | G ofoe: 8 tods>" 1001, | Raskob, chairman of the Democratic| 7 \eson 0 &8 vic ' Puthy Thaferon ke @ 2 i WAV RALES. Desi BN De i s g . s ) 293¢ | national committee, has made a charg g Wheating 8if prd a. 128 133 e sl buper ' o0 Qreen peas from State of New York : oy ki $: 4 2Y | Edison Elec, 11, Hop i 8% | of higotry against Bishop James' Can TN gy Ay Spalding (A GO & 8 sold as high as 3.00 per bushel basket, 4 S ful nclair Crude 6% s i | Erie Ry Co. 75 1030 a1 | Youns o & Wirel ! 4118 vy | Bros $1.23 while the poorest sold down to 1.0 uccessiu 8in Pipe Line bs. .. 92 4 Gen. Mot, Accep Corp. 6s 10204 | non, It of the Methodist Eplscopal I Zenith Radio 08 Do | Colorado 1 rates of about 40 Bouth Bell el bn,. 1 104 jui juy | (e el orp b 1040 "1 | churen South { 3y Ba a0 4 4 poande veaimed om tonasen T T Property | Bouthwant Bell 5 o 100 103 108 | geapd Tr 1005 1 Asked by newspaper interviewers to | MINING STOCKS, Stand, Oil of Cal. @) A Hudson Valley black sour chereles, in Seand Ol N J6m a8 24 102% 1020 |oss | ol On s | oo | d b paper i )| St Ol of Neb & Srauatt Baatote. aeid 58 IR Management TonnBlecPow 8847 14 106k 106 [0y s Gar e ioas | comment on & statement mude by the | N i southw's B & Lt O Bkles on rates. of \wa-dosen freerh LI, Unite@ Drugbsbs. 5 iy 95 i, | Ao York T o i 197" | Bishop of Richmond. Va. Raskob said: | . Conin i | Bnenr s Co. 1l ot of Big Boston lettuce were reached at | overlooks not a single de- | U S Rub istrf by B 87 86 66 | Purs Ol Gorn BT gy | “I0 seems to me thut Bishop Cannon | Negle Metal 18, ' | Plnken Rol'r W'e's A a1 10082.00. Good to fancy letteuce, how- tail of opevating supervision JUBRub IR, ..... 4 101 1005 1ogs, | Bhell Union 01 G5 6% | qore off the mask and proved that hi 3 Cent A Mine [ s 8 Lo ¢ 20 | ever, commanded 225a275, and in few {UBStoel B tin. ... 12 10706 106t fogi, | Bou Pac it i Co 4 attack upon Gov, Bmith’s stund on the | 12 Chiet Cons i 1 Union Tank O nstances several small lots veached $ 00, | that may be directed toward i ! Utah Pow & Lt 6. 7 U b9 i, | 1 | pronibition question wis Just n clonk | 1 Gortes Hiver b i Western Teebery lettuce wholesaled at the curbing of unnecessary 50 erate. * | Vertientes Bug 8. 4 U9 v, uyl, s tor veligious bigotry Qreason _ thotd & 3 = Warner Sug 15 41., G5 1065 1064 Lo, | OB ¢ T 4 Bishop Cannon, In his statement, had R G ML i | CALL MONEY STRONGER |, Hinest State cucumbers brought 175 expense. 1f conditions just West lec bs ..., 10 1025 j02 juoz b 1044 | taken Raskob o tusk for announcin Adain Conter M g " U Gtk D O 200, varely 225, per bushel” basket now seem to make economi- Wasto Uulon 6055, | 1095 105 1oy g that certain tmportant Methodisis o | i NEW YORK, Auguit 8 (P)-Call | Gf.grade stock ranged from 768160 v I o0 ' 100t § 1 ke Ao P g & W ot satianios A6, . 15 108 404 dos i L %1 the South had served notice on e | ) i | money stronger; high, T, low, 65| pickles, tn similar packages, brought | cal management more nec- Willys.0% 8 s 33 € 108% 102 10 | 8 ruling rate, 6 closing bid, 7. Time | ) 5002.50. nnary N S 500 - W6, | churely they would withdraw their sup | RO e, Etd At G0t e g | by - WEEK'S FREIGHT LOADINGS. | sihie e by e com.. | { | | | o 09 99 wgy | New York, August 8 () Members | Raskob declined to make public (he « N3 ine | | Atehison gen dn... % 82 o 5o conslder reports of special committeen | He sald “it would he a violation of con 10 Piemier Gold M {\\n: received a check for $879.000 from | cars, the Car Service Division of the M teenihuter Lir Yo% | Wilson & Co 1wt 63, 3 108 103 o3 ESI‘RCIAL M!ETINO O3 ‘COTTON | Port uhises {le preachers osased to op- | 6. 4-6 months, 6. prime mercantile opies Drug St . 1 108 | yngutn S&T 6 ¢ gation. BeCity TRt ae B trigagain ol of {he New York Cotton Exchange will |names of Mothadists who he said, had |, § Niolesio Loading of revenue freight for the .‘:':Z" v 1 e il v 1m0 9e o, on trading I wool futures and trading | fidence, My information eomes from! LHma dae G i§'% the Government as a refung of dis- | American ‘dmuuy Assoclation an- Main 2100 923 15th St, v nounced today. Mige. & 1 Winftepeat Ar 7048 ; 107% 107y 107 pose Gov. Smith 4 Newmont Miaing Diper, 51,881 | Grocer ! RAILROAD hold # special meeting August 22 (o | withdrawn contributions to the chiveh 3 i Ghn United Verde Extension Mining Co. | week ended on July 28 totaled 1,033 978 B. F. SAUL CO a0 : i1 ; B&OCy N, 12 97w 47 in A& 50-bale contract in cotlon, dependable sources tn the South, 10 Tech Hughe y 81, puted (axes,