Evening Star Newspaper, August 22, 1928, Page 15

T INANCIAL,® THE EVENING STAR, WASHINGTON, D. €, WEDNESDAY, AUGUST 22, 1928 FINANCIAL. 22 e ettt i, B SSESSSSS————SSPT ST R TRADING IN BONDS | oo BONDS s ] (RBSTOCKS SHOW | ™ NEW YoRK cURB wiarkET | | SURPLUS IN WHEAT ARYLAND camneRs Received by Private Wire Direct to The Star Office Received by Private Wire Direct to The Star Office | ’ | | UNITED STATES. 1 Sales. High. Low. Close. Following is a list of stocks and bonds 1 Nipissing . 3 3% 3 | SEEN ]‘H'S YEAR o | E ¢. Close. |ChIMIISP&Pac5s?5 81 v - 3 ghio Cop 2 - | Grower: Effort to Prevent BEBOMES SLUGBISH Lib x-,s.,.wf;: Bl beu o *C.\lsl‘&Pacndu-su;u:, s ! IRR[G”I_AR IREND traded in on the New York Curb Mar 3 Bremier Goid 1 . { Growers Join in St 4y 00 28 1002 Chi NW 41¢s 2037 ket today. 26 Shattick -Denn i e i 81 9 Chi& NW s i . Rates 1 INDUSTRIALS 3 S0 Am Gold & P 30 4k 3 Imports of Foreign R RATRE | Lib ath 43s 78 %';,‘|‘l‘{"";=l;~-‘; : : e Vil R nundreds | pis Lo g 3% O30 Jé?fifflnfl“ggl 2 0 Tomatoes. 3 3 9 6 rf4s.. 9 1 i 2 @ BB ... 3 35 5 Uni Verde Esl Market Slightly Irregular as e S b CRIPac4lswi, i i*|Bancitaly, Charis Common “;1;3 g‘\:g mh, LRl ¢ Uiy ci” J ChiTH&SE L 4 Allison Dr * e | s, 2 2 hi T s ¢ |+ $%eon br B i T OIL . pecial Dispatch to The Star. Dealers Show Hesitant | EhEEIGN ShiT H tnogaio. . 1.1 and Gobel Common Among SRR gor Toen 11 e e 51 | S, DEPENDENT O1L : e e vs.<cusntes REIGN. ni U 5. 914 | . i o e 1D 1A Con oiifias { ing an_intensive s H " ] Sta . 15 Am & For Pow war ey 56 of Maryland are planning Attitude cntine s Ju g0t T3 By SO DO | Chi & W ndn 4o s Active Issues. AR e 0" U R s Rl RERAMMAI OO an h Estimates Reveal. | fight hefore the Tariit Commission and entine 65 0015y @ 905 900 995 | CCC& StL rf 6s A. 1001 | 27Am- cyanamid B ] 1| WCllesserv il o G G| | have mformed Senator William Cabell | Avgentine 63 A 6100 100 100 | Colo& S0u 458, - o6 | —— 3 Amel” Bept Stores -1 181 [ {0 TR | - | Bruce that they would ‘be present at 1 Aig 6s ) 99 9% 3 St g T R 1. ADT con H Synd o . ¢ F. SINCI e hearing ne: - BY CHARLES F. § e CuliNome e ats. s 8 98 BY WILLIAM F. HEFFERNAN. 3 ADer e &, ‘E Ha 3 T2 3By ”'Y‘: : ! e ek b |ously the "necessity of protecting the Auscaiie 14 g Del & Hud 1strf 4s 15 : 9 b | 8pecikl Dlsbateh to The; Star 14 dmer e % TR o Gt dis 3% 133% | Special Dispateh o The Star and the North | pure Nordic tomato, grown in Mary- s : . Special Dispateh (o The ¢ i Ame i RieAten Newspaver Alliance | B, Trom those eanuied 1n Ttaly ana . ustra s 9 9 9 Der & Hud 5gs.... 2 P & L pf A 36 Intercont Pet X e The bond | Austraiia 5s 1 5 Del & Hud 75 30. .. : EW YORK. August 22.—Tnterest in | AMEL nabop. rod - | S ioneStar G ot % a1t 210! NEW YORK, August 22.—A word | ghivned to this country. | 49 Amer Reol it - 2 : 29 Magdal Synd ... about wheat! June 1 a bushel for Sep-, " The |ocal tomato growers and can- aner. | Bank ofChile 6%s. 2 4 D Ric G asbtes £ i g } = N s : | the curb market proceedings today cen- A R MBdRL - ( traders and investors | Belgium 6s. Det United 4%s. .. ; Aer Wil Bec A 0 Mex O 20 29 ° | tember delivery was worth $1.65. Yes-| ners contend that the importation of fy aiscounted the | Belgium 63 iy Pagy Sy [tered in a large number of specialties | ap Amer States ¢ 4 1 1} B 0 Mex OILL, i L e was wire | ) ituation and should | Be(xium 75 1 v 107 | o0 ConY 45 A > | which had been more or less prominent | 13 Amer Su° Sec war.. 8 Mount Prod. .. i By a3 | T Wk a Tew facts together. | Ton {OIai0fs M0 O e win tho B Wit TOONES OO0 L Bt T8k ... rie conv 45 B. Sl carlier in the week. Trading in the list| 13 Amer Supers B 0 ' 3 3 New ‘Bradfora 0111 3 3* |* August 9 the Government estimated | canned product from Italy, is causing BOIVIA B8, oo oo v e Ll L O s a whole was comparatively active,| 1§ Anchor , bost, Fence b 13 Nor cent Tex Ol s the fotal wheat crop of the United ! guch competition that ihe States rallies of 1 to 3| s. . o4y Erie conv ext 7s... 215 10215 |85 2 s Crairbiis ] GhAnsio ghil Nk 3 3 ! Baragon Ref | | States to be 801,000,000 bushels. ‘The | tomato canning industry is being im- 2d public utilities. | Bordeats 65 . 40 99% | iorie (Pa) clt tr 45, 9 100% < |but with the rice v?‘nvemglclk"{;!c\:":‘;; T Abpon- Ca . : i L peRnk il Carp 27 132 13 |amount of wheat now on hand plus the | paired. They want the tariff adjusted some of JRATERIL Y o f M Fla ast C5s 74... 64 S4' s3% 841 | Bancitaly Corporation stock,. s Asso Dye & Print... 2 9 Reiter-Foster 07 0% = d egate re than S Sotits | Brazi 835 1927 : 1990 1oore | Grand Trunis 75. e of s spectaculnr gyrations earlier in| Tagnam cE 8 nonCON & Land | 3% S e Tt tha: UbItad | et Bt hadiiisen) Aitiss o ‘:.:,\';\‘dx e ceees logvs 10818 ] Ort Norlhnll‘as . 4 « | the year, again aul\;nn;\d' p“r\:":\:m:trifit'( kfi"xh'l""c Auto Co . L 7ld o5 0 noncit 18 19 States can use only 650,000,000 bushels | in behalf of the advocates of the Nordic roved sub- 101 1614 | Geent Bereh Sign O L | e e N e ¢ ohits folowing| jEAIS Cow prd ; 30 | sares VSTANDARD OIL iSSUES AND |—the remainder, about 350,000,000 | vegetable, said that while the canners 1001 100% 100% “M&‘“nn‘“‘ e L ‘:les‘l lec I‘“““ ‘g“l‘;‘h“f,n aay. ‘The jBainb & Kotz vic 3., [manits MER SUBSIDIARIES -STOC bushels, must be sold abrogd. were agitated by the importation lor 04 1042 1045 ik g o 3 5 he rise of over oints esday. | 274 Bancitaly Co 3 2 Lobos 21 . 22| " Canada, too, expects a banner crop, | raw tomatoes they were “tremendously” 100 100t 1oate | Hud & Man ref 5s.. 3 95 | selling was attributed to liquidation by }gfi:.‘i.,’.i"i’, Rleiges 00 18" 18" 18 Y "' 137" | the largest in her history. Her total | against the shipment of sues large 4 33% 33 33% | 111 Centrefds..... New York interests who had Mq“‘,‘“‘, Bird Grocery Strs 3 3 50 G @': )78 |crop is estimated from 500,000,000 to | quantities of the Italian canned product Coumbia 63 1361.. 5 91t 91 {111 Cent 4% 66.... their holdings around the recent low Bliss R 2 s il LR PR . %8s "84, | 550,000,000 bushels. With the amount| to this country. Con Pow Japan 991 994 | 111-C-C- StL&NO 5s g 214 | level. liie R . % ® | 1700 Inter Pet Ltd 3 3 gg‘x ‘()1 wheat on hand—about 80,000,000 | “I have been in correspondence with Couenhagen 4% '53 30 8¢ % 884 | Int Rapid Tran 5 E | pyamer brothers EIchieR ges o 1 Bridu 3 E % 200 Nat | Transit.... 1., s, |bushels —added to her present crop,|canners all over the State, from Har- ted condi- | Covenhagen 5sct > w6 96 96 ) Int Rap Trbs stpd. § after cqua"ngb‘\h("Dr}f‘v’ovsvxmhfl;ml o 15:&1-1\.“";:70» o E ; P0gne Ok stk ] % | Canada will have for export around|ford, Kent and Dorchester Counties, i Czecho 88 1951. 109% 109% 1093 | Int Rapid Tran 6s. dropped back below the previous 1Brit-Am Tob B 5000 Prairie O & G . AT 4334 1 400,000,000 bushels. and, in fact, all the counties of the « convert. | Danish MunieSsB. 1 111t 111% 111 | Int Rap Trans 7s 0; 70%." The decline was due for the most) a1 priiCelagese Ltg, - 315 (311 gk | SO0ETQUEL Moo % | Togeiher, the United States and Cun | Eastern Shore peninsula.” he "said S “h‘ new Denmark & 3 . 105 1047 105 Int&GtNoradjés 9 9 part to adjustment of the technical It ’xkly’u City R R - T t1 %008 O Kansas L 22 | »da will have an exportable surplus of “The ' commission's reports show that /3 tch East 16 5 103% 103% 103% | Int & G Nor 1061, | market position. ? | udd Mg 94 1008 O Ky 1250 | about 750,000,000 bushels. Maryland has the greatest tomato can- Ciniand 51s. . .. 911, 91 91% | Int Rys C 2 B ERE . 5% | Outstanding on the side of advance, 13 Buf Mg & £ £ 4 i 4 1400 FaSuim it S5, 13| Last year ail the wheat exported from | ning industry in_the country. I con- “inland s y 974 | Int Ry € . 9 5ix | were Charis common and Apponaug 22 Can Marconi W giz | ~ e all nations totaled 793,000,0C0 bushels. ! sider the matter of its development d s 2 10005 1001 sas Ci : T4, 74y, | Co. common, both establishing n‘x:l 16 annon afills ... 3 B e eanida 5 | Tt may be a little less or a little more | one of the most important things that amer 106 106 | psas City 8 bs. 9 4y, | highs, the former on larger dmd;’n"j R G ABEIEL BTE BB A s0a | for 1928, but as things now stand Can- has come up since I have been in the Erench 7s....... 107 107% | Kan City Term 43, 5 possibilities. Earnings for the first ha 19 Gelan Cor Am 10 Aln Pow 4lu 9 >'s ada and the United States can supply | Senate. § ench 7138, .... THE TR L i 0 | year were said to be well above pre-| i Celan ©Am Ist pid s io Allied Pk 6 i 1002 | almost all the world demand in 1928.| Senator Bruce said the tariff charges Gern 29 % 106% 106% | [-ake Shore 4331, g 97': 97 | liminary estimates of $5.40 annually 1800t B S A 114 . LA S | ""But other nations also export wheat, | on canned tomatoes were much lower 3 3 1 99, 99 e shValecon 498 % 6% | compared with dividend requirements | 3 Cent Sta El pfd 5 5 Am Agrre Cor 6s '+ | Australia and the Argentine, for in- }NOW than they had ever been even dur- 100 100 5 |of only $2 annually. The latter lssuc| 4 Charls Corp o 373 3 com Ale 63 A L2 1000 [Stance. Australia supplies ~probably [ing the Democratic administration. It e : i "4 | was responding to the favorable earn-| OHEREOR PR (HGig Pow & Lt 65 i 106% | 100,000,000 bushels during the year and | IS now 15 per cent and at one time 9T g oty S ik ings :;lu-mem for the year cnded| v Childs O pfd;.....: 108 | Rad bt 98, |the Argentine 150,000,000 bushels. The | Was as high as 40 per cent. an Ry 1St 90..... 9% 69% 694 | June ol b M e ! world wheat crop for 1928 is too large. | 2 CEPU e ch Cen deb 4 2 on 99n 9| An advance of several points oc-| | GIAE S Tie Seatini ; id wheat crop for 18 g | L ul 2 onda 6s A This is the situation in a nutshell. g » 100 | curred in Gobel common. Stockholders 16} g;:;;:hp St a 48 e ¢ _\;‘(Efil‘,‘,. h 5 ¥ Wilson Heads Coal Firm. 871, | were scheduled to meet today to vote | s 3 . #1269 Assoc & El 41as.. 103 s ' | The wheat farmer is not the only | v Ll R I O < | As Bl Had O .| American_producer suffering from too | PITTSBURGH, Pa. August 22 (®).— B MStP&SSM5si83td 4 99 991, 491, |on the proposed increase in capital to| 23 Gonsol Film 6 As Sim_ Hard 81as s 108 3 : M St P& SSM . 92, 92 21 | 600,000 ‘;’m )pm' shares and to approve| 10 Consol Laund A i 115 | much of his own commodity. The oil! H. T. Wilson of Detroit, Mich., has 1 corporation issues | Milan 6138........ x| M StP & SSM g y 1 100", | a split-up of the present stock in the | 3 Sommel QumiE otd 2 Bell T Can 55 B 2 9212 | industry is another. | been named president of the Pittsburgh better | Netherlands 65 54. M K& T Ist 4 \'. ST s8i | ratio of three for one. | iGhosse & mlack ptd.. 52 3 [ . §Roston & Me te A q During 1927 a total of 901,129,000 | Terminal Coal Corporation, and has al- Norway bs 1963.. 97l MK&T4sB..... R s S6 | Others that stood out prominently| 10 Curtiss Aero Exp 21, 19w 1% | icent States BI'S: . 90 | barrels of oil was taken out of the (Tready assumed his new post, it was an- Norway b4s. ... 4 9 MK &Tadjas.... 3% 1034 103 | included American Rolling Mills, No- | 1% DAvess Toc 4543 443 443 5Chi Prey Tool 5025 . 39 3% 'gound in the United States. This is | nounced here today. Norway 6s 1943, .. MK & T pr In 55 A. 4 | randa. Mines, Newmont Mining and| 1fDe For R.G . il 11" TR e ; an increase of 130,255,000 barrels over) Terminal Coal is one of the largest R el Norway 6s 1944.... 5 2% | Mo Pacific gen 4s 1 s | Neisner Bros. swn‘m mglc“?& i 1Cit Serv 6s...... 3 = | 1926—just 17 per cent. producers in the Pittsburgh coal area. Washington Stock Exchange pois' il N B racasr p ol e e RSB i - FEE T T R A i Paris-Ly-Med 6s. . 99 | MoPacssF 7 g 9 upian ~ Silk : 2 e g 3 | 3 5 SALES Paris-Ly-)ed 7s. . 3% 1031 103y | Mont Trm ref 5s 41 9% 98 COTTON IRREGULAR 7Rurant Mot e : . ia8 {The record shows that while the pro- I Fer e g 5 01y 0% ;) A 1 008 o iv B | 8 : 2 154 | duction was 17 per cent higher, re- . Bank of Washi ; 7s. 5 01 101 hmrbeli sl e 38 B Bond & &k ‘Cor . 108 105% | 43 E3n8 TOX g g5 91t | ceived 19 per cent less for the ofl. Let Consult Us First ) f 0634 > § &3 g3 [NOTex&MsosB.. - = e AFTER EARLY GAINS‘ 1El B & 8h Co pfd... 110%¢ 11044 3 Cont'l Ol 5 952 | me elaborate on these figures. Wil 1 M. & Inv. ¥ ® W W i e . ) | I R L g4l 5Cudahy 5 | “The total value of all the oil pro-| r If you need money for 5 Pelava Bhac 5 9% 100 | N Y:f:.r.'("f."y“;“s uo s W . ER TR a3 3 e gn;‘d’k"dlisrfi, B ol 801 903 Euced in 1927 w('uilssl,l'lz.sm.oool. 'ghifl your Real Estate financing Prague 73s. L n 105% 1054 | 4 e - 8 - i ‘vans 4 . 89 2Den & Salt Lake ¥ ‘2 |is an average of $1.30 per barrel. Due 3 e e Rio de Jaueiro 6%s g Bl L a8 (08 !Market Turns Quiet in Afternoon| 5Fafecl Mot Go..... ; Bt City'@ 55 B 1000 100 101 | to the surplus production this figure let us have your application 0 | i iFansteel Prod...... 31 21 1 iDet Intl 75 g | represents a decline in the average value ||| today. | | | | Rio de Jan 85 1948, 5% 1064 1064 | N ¥ Cent deb 6s 5 £ . s | Ya; - barrel, or 31 pe un. Prom rvic ; s b R1o Gi S . w 4 1 Pedd Mfe A 1 Dix Gulf_Gas 6%s A 3, | of 58 cents L o i AFTER CALL Rio Gr Do Sul §s 106 1064 | NYC & StL deb 4s. 7 Following Brisk Morning e N $ L DiGuit Gas e, gt nlee:dm: ’le“- S_}hc rogiaymsu'e ‘o’a pg:: Service i RN ns. pid 0 at 435, | Rome 6is. 3 92N 92% | NYChi&StL 533sA. A Fedes v AL 7 5 Fairbanks Morse 55 g e o Paulo City 8s... 3 1054 115 | NYCRISSIL SreB. o 5% 105+ Session. A e ; AEed B e O 8 > |in the Union to show an increase per Thington Ry, & Elec. 4s—$500 at | Sazon (PW)is.... 100% 1004 | N Y C&StL6SA. , ; FRran, 0 100 3 ) Eivest Cot Mil 5s . 8 il DRI e e Mutiual ey S i i ashington R Se 2 % 105% 105% | N Y N H & B ¢ a5, . | (3 Poundation Fo A 2 Eirest oL M 3% i | value rose from $1.32 to $1.40. . This The Commercial National | Serbs Crot Slo 8s.. 95 9% | NY NH&H cvdb 6s 215 | By the Associated Press | 7 Frank “H Mig Co 4 Fisk Tire 5!as 923 v 8 was due to favorable contracts and un- Company Shinyetsu 6138 52.. 921 924 | N ¥ State Ry 414s. K «| NEW YORK, August 22.—Early ad-| ‘3 Frank RH oL 008 Re N [ LR AR 312 10015 10 | usually high quality of the oil. P 2ol 4 __§1.000 at|Sweden blgs. 103 103 INYW&B4lk4s. 5 | vances of about 30 to 35 points on un- 1 Prench Lime Rl 1y 43 1 Gatineau Pow 58 7 Eventually, just as with wheat pro- Paid Up Cash Capital. $900,000 Swiss Conted 8s... 2 111% 111% | Nor Pac 3s 2047 4 66 | favorable features in the weather and| 53 Freshman Chas % 8 tineau Pow, 6 0 +'z | duction, oil demand in the United States s 4 # Toho £ Pow 7s. ... 98% 994 | Northern Pacifi 5 90k 904 | crop nmews vore followed by nervous| 8 Eujton Sviehon . 0% § O e 3 & s | Wil catch up to production. More au- Commercial National Bank Blds. Tokio 5% 1961... Y04 90% | Nor Pac 4%s 204 9 | and irregula: fluctuations in the New | 4 Gen Bak pfdn i.l1 rein Pow 55 22, | tomobiles are using gasoline every day. || 1ith and G Kingdm 5438 37 104'% 104% | Northern Pacri6s 6 York cotton market today, with reac-| %Gen Bronze o 3 dyear T & R 5s 9 s | In 1927 the people of the United States Jruguay 88....... 2109 109 109 | QreShort L rfs 4s. tions under realizing and Southern or | §Gen Pub Ser ...iiii 253 3 L 5, | consumed 100,000 more barrels of gaso- Yokohama 6s w1 1 964 Y6l 96% | Ore Short L ss gtd. 3 5 |local selling. The midafternoon market H LA 1 I States l(X.l 55 A. 98 9T 2;‘ 4 {:}Elgea fils}'m'-!ann in lxiz% For 1321 tgere 4 g < s 2 ¥ b 6las X barrels consume ay, Bid and Asked Prices. MISCELLANEOUS. A orisnsigegs ; R B o, | Dbl i t| dTiouson'Gulr Ggiis Bt 831 %3 as against 717.000 barrels for the T | aaceil bk e e o8 G e S otk BONDS. | Ajax Rubber8s.... 2 100% 100 100% | Bennsyl 58 64.. 3% | ing net advances of 16 to 21 points on | 14 Graesselll 5 o A, 1aots 10075 Seding vear, an increase of 14 per cent.| Prevailing interest snd commission. - 99 ' | Probably by the end of this year the | Joseph 1. Weller 20 Wash. L. & Tras sriChem Tigs. 1 105% 105% Lus% | Leansyl 6% il 1140 | continued vorable crop reports and 1t e & Dl ah ¢ g § Indianap P& L 35 A 5 108 | unfa p repo 1Grff D W A 4Int'l Sec_Amer 5s 31 | American people will be consuming Bids.. %h & F N.W. PUBLIC UTILITY Am'Sialt& R ist6s 21 1024 102 Pennsy| gold al at i A ) o 15 :85». Reading gen 4% 98y | talk of rather a better trade demand. | 10 unllmkngms‘ e 2 & flersta Nat G, 08 ww 1030 193 17,000,000 barrels a day. i | Am Sugar Ref 6s.. 1 1044 104t 104 | R10G W 1st4s. 2 92t ine_Corp 8 I aie ov & ¥ 98 * | Meanwhile, until production and con- ooy b o { s Furn, Vi Ce ! 3 65 |5 Vi y gOjaatSTanni e n a2 Olmusmens,; o o tn S WNEAT GLOSES FIRN | +5e5 0 ey £ et Rl eS| FIRST & SECOND 100 {Am T& T4 €5 2 103% 108 |StL &S F pl 48 o . ’ A 4 s . I Libby NeN & : 4, | wi 4 & g e S A 1065 107 |SUL&S Fra% y » AFTER LATE UPTURN' i & & i '1?.'15?‘5%'“&.’»1:-‘. D 97 o1 :t \‘f‘n];] Cobstantiar i;:g‘;‘. | TRUST MONEY 95 | Am Water Wks bs. 2 9% 99% | St L& 8 F pr In 5 2 Insur_ Seeur 5 “g";‘:fl";,? it Can the mechanism for the ‘“con- 3 98 8 2 | Am Writ Paper 6s. w 85% ! StLESFinces. .. 330 Iot Nickel rts . 5 Morris & Co Thss : 101', | trol of distribution” of nature's crops be | | i i 10317 | Anaconda Ist 6s... StL8Weonsds. i 95 95 9 R R LR W 14 Natras ‘g 3’ & 8" 994 | successfully built> This is one of the & Complete Financing 108'; | Anacouda &v db 7s. 2 (StLS Wistds.... 8% Market Influenced by Reports of iIntl Sef Raz B T b T g6-. | big, pressing problems in American —ot both FIRST and SECOND Andes Copj 714 | S <CS s s5Intern Ul 8 . . .. . 2 { es Copper | St P & KCShL 4%s 92 ,{“‘f Buberpow A 14 Nat w:% :.‘..“ a‘:u 29 e farming and industry. b trusts on ATmour&o s B3y i 9l 91% Seub A EA8: 2o 5 Feth : : | 2 3 3y : i : 4 §<\rmoul DUSRE . 11 % win Gl i Hodlre i Frost in Canadian [ % Kl Bonr Bl 0" i 3 & S aeL e 03N The eel is one of the most mysteri- __HOMES | Atlantic Retin 68 3 100 100 | Seab A L con Field arnee . ¢ 103% |ous denizens of the deep, says the 1elds. Bemberly Clark 8 A 2 1" United States Bureau of Fisheries, whizh —APARTMENTS s | Laskawan Sec Lo S al.“"f “fi" studying the habits of this —BUSINESS PROPERTY | By the Associated Press Lakey Pound & M dias 9813 | interesting creature. 01 o7 ’ 2 3 » A & € c o E ® S £t " RetERSE —E—eo kAl mARKS BRI Il Gas 6s series AL 101 | Barusdaii 6s 1940 197 1021 101 1024 | SB All Fla 6 Jas G neries B 932, | Dell Tel Pa 58 B... [0 105 104% 104% | Sou Pac 482 zen’ 6e 103%: | Bethienm Sti pinbs 2 100% 100% 100% | Sou Pac cit 48 \IISCELLANEOUS | Beth Steelrf 5s.... 3 100% 100% 100% | Sou Paeific ref 4s.. s | Beth Steel 548563, 5 10213 102 102 | Sou Pac 4%srots.. | BethisbemSteel 65 9 104 103% 1081 | Sou Ry gen 4s. @7« Btlyn Edison bs. 1 104% 104% 104% | Sou Ry Con .| Bkiyn Union §%s.. 17 263 262 262' | Sou Ry 68 66. Yo Cala Bior Certain-Tdalzercts 4 91's 91 yiw|Sou Ry 6% Col G " 993 | 1, ‘ac 1974 STOCKS. | Cen Coat Ao ot " 70" T Aveads sa.. | Con Gas N ¥ 534 105105 | Tol Tr L&P 5% 30 Cuba Cane ¥s.. .. 7 77 | Union Puc 18t 4 Cuban Am Sug ¥ 105 105% | Union Puc st rf 48 <! Denver Gas 5s... 100 100 | ynion Pacitic 48 68. | Dodge bs. . ... .o 227 U8 98K | Un Pac4t%s6T.... S0 5 { Hast cuba Sug 14 % 96k 964 | Virginia Ky st bs. vy pec o sg | I3k Kubber & % 12 | wpaen 434578 rets | Gen Mot Ac Cor 68 101% 102 | wabash 18t 5s..... NATIONAL BANK Goodrich 6%, 107% 107% | wabash 6876 B. .. 4444444477 ey, | 74 | CHICAGO, August 22-—New fore- | Lane Bovant Parsn g B . el et i No Appraisal Fee e | reach maturity, the eel leaves fresl by casts of frost in parts of Alberta and | lElmun Real 3 o} enn P&L se D 133 [ P e e Dol gl e e Prompt Service Saskatchewan, Canada, led to late up-, 1lefcou Real ptd 3 Rem Arms Stas o 970 H 108% i Coal & ms to spawn. ‘There is considerable 1135 | turns in wheat prices today. The rise | g Een Val'c' Sy 1 jsan Amon FE S B 990 28, 3%, | doubt dbout the exact location where Real Estate Mortgage 1193 |CRme after quotations on September TLit Brog e 5 Schulte R Est 6s X.. 981: s |the American eel spawns, but it is & Guaranty Corporation delivery of wheat here had touched the | § Loews deb it : 3 2Servel Co Del 8s... s T somewhere near the Bermuds Islands. A 101% | pottommost level yet this season. "It/ | Marion 8t Shov n .. 4 Shawin W & F 4% & M8 357 13330 | Tt rakes only a year for the American Main 1403 26 Jackson Place | {was asserted in some quarters that| 1Marmon Mot ... | 10 Southeast P & 1. gs 10412 eel to pass from the egg to the fish O, ! wheat is now selling at below the aver-| 3 s Botiing A 1% 18ou Cal Ed 8s '81.. 1007 100 %% | stay When the eel returns to Chesa- - age cost of production in the United | 10 Melv 3 L e R 0 tu | peake Bay It s about 31 inches long. First Mortgage Loans 2om908 E . 5 ] States. 2 Mobro-Chain_8irs y jStand P& L 0 P Wheat closed firm, 1 to 1 cents| A o 3 sl 3 St ME o0 s ¢t 100 \ ‘st}‘l‘;: fimmf‘x':; finfhxf‘fiufim- 4 o | Lowest Rates of Interest and Commission My N o t West Uul 5 1 i 3, b 1 23 Texas P & L 88 n.. 994 E ::;" fig':‘;{éwfg:“l.qfi:";':'”yu o el lfi.“.f:“ f,d, P A o g TUnl Lt & Rail 8%as . {tenth in the commercial value of the I |and provisions unchanged to 7 cents | niel v lign oil ‘erod a8 h Thomas J. Fisher & Company, Inc. ML e 1 ok b1 e | at M | ; 1900 Pratn Sles T e ol The cel has never been as popular in | s HE Wil roame’ Tt Wby IR 3 3 2 Valvorline Ol s 107 3 |the United States as i Europe be- wh ater plays consideral } . 3 11 Van Camp Pucl cause of its resemblance to the snake. nk X 300 | Goodyear s ret; ] - Nat Theater Sup ... 2 15 Warner Br Plo 6las. 187 M h : » Wabash B8 75. Power 10 TRy CoD. i Bel R N 3 W e 0a. . 107% %0 | In' Europe this prejudice does not ex- ortgages Investments Hunibie LIl 53 90% 9%% | Western Md 5Hs. . | visions were likewise easter, with com | NeWe*Ros 1l 80 14 Westerm Bow Sas . 100 {1st, ana et consumption there is much 260 | Lilinois Steel 4 '35, E s 98y Western Pactfic hs. starting at 1'y cents decline to 'y cent Neisner Bros pfd 11 Wheel 8tl 4les B... 88 ' i . | advance. and subsequently showing a| 1:Newb J Jpfd. ...l s il JAMES Y. PENNEBAKER | indiana Steel b 2Y ¥ S - 38 v B 1025 4 Sales 1 FOREIGN BONDS inti Cen pris | general downturn ] S 3 | hausana “Stocks listed on the New York Ex- 1atl Maich b» 47 8% i t wheat was unchanged to 23 Nil ¥Re. it 8 Akershus 5% s e N g Vit » v ol | Baltimore Markets | | At noon wheat was unchanged, o fy | 13 il B, Foa - i g . cnange o ot it i and i 1o~/ | Main 5328 1520 K St. N.W. Bt Tel&Telek 4% 94% Yay i line to ', advance. | Pow F 2 03 as . o Liciads bo: .o 101 101" | BALTIMORE, Md. August 22 (Spe- © e doucmnane that newly harvested | 3 Norih O Bow © Il 3ty 3 g o} Busnos BlNadkSuis | e ;,:3"31,";:;;,,;,“‘:':;'; Syl | Laciede G 548 62., 2 1035% 1045 | clal).—Potaioes, white, bushel, 15880, | yheat fs arriving in Winnipeg gave | 'pNar ont L&P bed, 3 FEuba GO i n | "“Now stocks are picked out for cer- oo | 3H10-CoD 6hps 40 .. 105 105 | new potatoes, barrel, 12582.10 sweet| yibags to word today of virtually | - .. Nor 8ta b pld 18 Gundin. s o 90': 90% | tain special reasons and made the ob- N ™ | Slidvate Stesi 58. . . | potatoes, barrel, 15085.50; yams, barrel. | norrot” conditions for rapid harvesting | 1§ Northwest Ener 5 : } Denmark 8las : L e ehiaw. wiile: athet woks &re | UNLIMITED o | Mout Power 58 43.. i 103% | $.00a5.00; beans, bushel, 1.26a1.76; beets, | §, " canada. According to advices at | 1 Novadel, Process . 98 Denmark {18 . 2 88 s rd u':e“oisj\-n\:r wale. An hdividual FUNDS #0! Mout Fower deb oa 100, 2.50a3.50; cabbage, 100, 3.0086.00: | iy light frosts heretofore noted have | 3 Palmoive best . 113 ; AR Mee, v T G S1Ta | Stock may rise or fall in price on the Ess e New Lngiand Tel b 2 5w | carrots, 100, 3.0085.00; cora, dozen, 108 | o materially affected ylelds and are | 1Pend D Groc A 5 4 Frankforf 6lus 330, | market today without any apparent ! FOR i 8Uni Lt & Rail 85 A 10471001 I fannual catch out of about 35 kinds of NYGELH&PSs 2z u3 18; cucumbers, basket, 1.00a1.25; celery, | Uiyt consequence beyond a siight| ) Benney, A ofd o100 | sdEree St prus g : i & say ot Motk or W NYTelsthw. ... b 997 crate, 2502350, lima beans, bushel.| oguction in grades. Substanulally all | 23 penn Ohio &d 2 31 Gelsen Min' 65, 923 4 v LOANS NY Telossl..... n 1064 1065 | 1.00a1.75; lettuce, crate, 1.50a2.50; peas, | il “P ECEY reported general | s benn O Bd 6% pid e ‘Cons Mun T «'“fiw'fiif'&?f.ik“?fifaxs. such as‘call Norin Am K418 8. 100 100% | bushel, 3.0083.25; peppers, basket, 20a | loqitions well above the average, with 1 Penn Ohio Ed War F Song pun R B | * rates, do have an effect uj { NorUnio Tr & L 6s 15 104 103% 104 | 30; onions, bushel, 35a75; squash, 258 | . iimates of yields surpassing a 10-year 1o e B Hamby e i Mgl o On lmpro\‘ed Hamb E Ala 0% | Nor States Pow b5, 1 101% 101% 101y | 40; tomatoes, bushel, 5 et, 25880. | . vorag 1 Perfect ' Clrcle b t the market, But even such factors do 9 Isotta Prasch Ts w 8, [the price position of a stock on the { 1 ; ick Bar & Co pfd ruc 1o : 50; 3 12815, | araiount ¢ 1 : e ches, tknel. TALTS; peas Mansteld M&S 78 ‘4i The general impression among lead= fl n .05y MNibskind Vgl ot 4 Moy Bk Qhile 6 31 o especially on declines Houses with 33 Pigely Wikgly | baramouns 6w 147 12w 90r; { peaches, bushel, Toal T5; pears, bushel. Beatern and foreign connections were 1 bihen w.'.?&}ffi athe kix : 20 72 71 2 | 1.25a3.00; watermelons, 100, 10.00840.00. | vy iher conspicuous in this purchasing. | § piitsy & Lake E s 4108 108 205 Hay and Grain Prices. | Gloomy descriptions of the food situ-| i Pitts’ PI_Glas % 2 : laCobwélwi.. 41 UBK U8 OBW| t—No. § red Winter, domenio tion in Russia were referred to as a 14 Proct & uc‘""'fc akMeadChl 58, 3 96 95% 95% Wheat—No. 2 re nter, domestic. | ;.. on and there was also talk that §prudpg o @ tihar 1) : Hunover State s 9 <] = v v o | Not Btates Pow & 105 106 1} Apples, bushel, 25a1.50; blackberries, More or less general buying of wheat, j l'i Plhielp Dodge Cor 3 a4 Isarco Hyd Elec 93 | not have the determinative control over Reul hS‘fl(L‘ | Pacine Gas & K1 b 1007 100% | 10a11; cantaloupes, basket, 30a80; erate, | yover developed at times (oday, | 1L;hmp Morris. _‘.“,,"‘,; ff"fl'}’r""‘: -‘: 8 84 fi 8 | market as is often supposed.” In ombard Blec T3 s 100% Mendota 7.5 ‘81 - 99% lers in Wall Street is that the present | - 2 Minss Guace 3w 943, | unfavorable credit situation will sooner | the District of Columbia Mor Bx Denmk 85 ix 98's or later have its effect, and that any | s S S Mol 1l 980 | Stock bought at this time should be ! For Periods of § ; 2 pug 8 B hatany 1o 00 : long pull rather than | 3,5 Fears Fetrodis. 4 1% 1% 9in | no quotatlons; No. 2 red Winter, AT~ | i hoth political parties in the United | i ithfbow Luminioiia Newiounciand, Be 198 180 1}’;3'“‘?\?%&' .t 1 3,5 or 10 Years o 0 o 0 . 89 105 106 105 | licky, domestic, August delivery, 1.30% . | ¢y b "oommitted to farm relief many ' Riohman _ Bros si4 [ 2 ; s © & y HIRE 3 8 Rio Girande 7s 67 01 Gt ” 7. -9 ;| Beptember delvery, b L et 1.1 | farmers would be likely to hold as much J Ron W on plc 84 aph | § Rus Gov ~'E§. - L8| Who were the richest of the 29 men | Low Interest Rates Ehe s 8 150 Y + 1121 erain as possible in a hope of better 4 Ruberotd i § Ranibrugepe 991, | who have been Presidents of the United and Charges b s34 a3 prices. 20 Safe-ToBtate - 53 eeha Ty B 8312 | States since the Nation was founded? | e P s 3 97 § et i g S Ve il RV R war R 8 e | B8 B e wa B M B The drst President was rich, Washing- | e 100 6 s war. 934 rlicky, i No. 3, 1.26%: No. 4, / At TO8% | R SRRk Faner { Stinhes 114 1x 48 wa. 92 91 | ton being one of the wealthiest of his | luclair O11 68, ... 3 983 | 1.23%; No. §, 120 i : !: rv Tocery ; ARVRS o 8 1000 [day. He left more than $500,000 | BOSSEPHELPS i & 8ol o P " H' SO Corn—No. 2 _yellow, domaestic, 115, |} o T e NG Wha 6l A 0 |dey. | 9500000, ot o1 101" 100, | nominal, No. 2 contract, export, no | . R{, AE . : 4 Vienn o - Bc g0 | Tew S Taaua e “";;.')Lb‘l‘g Founded 1907 ¢ Crude b3 9704 771 quotations; corn on cob, new, 575, TPISITITEN | ite 3 1417 K St. Main 9300 T 3 nited ... 13 Weatphal Uni Bl 65 A 88! L0 e ricl Y ’ ] 3 . 13 Boeman Bros 1l 8 & X pha Un the richest President in recent years, ipe Line o 5 | nominal, per barrel 3 : 3 3 Beiberling R 10 [ leaving an estate of about $1,000,000 Loan Correspondent i D 1Ol N S b9 46 s 102% 1 Oats—No. 2 white, domestic, new, 47 y o i F8erR Y vie . | oy Of the 29 ete the shnt p rEMOrIenteln 1 5% gy | No. 3, domestic, old. 46 ; e R 5{\;& o e o atn s LN warrants B A b e LA Ll et John' Hancock Mutual Life Pow s 47 8 106 106t 106y, | Rye-—Nearby, 1.05al.20 . Deceiber i , 2 8ilver 16 rox ) [ | . yer of clergymen, 1 each of & Insurance Co. Uniten Drug bs 64, 41 96% 95% yiesosipd e, SDebnd. for | B an @ e AL wAr. | AUTO EXPORTS GAIN physician, a constable, a tanner and an £00 ta 9 4 hay is very limited and receipts gener- 3 | 1 of A : Huo LsUrfbn.. 19 BGY BBV, Kbia | - : ? 1 8outh - Asbestos 3 2 ron maker. No fewer than 8§ were Rod L0 100% 100+ 100 | ally ample for all requirements. Not | s ey B s 3'| NEW YORK. August 22 (8 B R B W TR CIUD 40 107 1064 106 | enough actual business 1s ’; sing to - 8 § Southern doe & LA p ;‘y.,h,, Nl willys I]:‘m“.:‘.l("xv:\]fl jwm‘ e YL e 12 3 ,' | establish quotations on the various |° g uthe oves 3 and neorporated, omo - h i 12 1005 100% 100, g . 4 Southwest Stores X g ve weeks | Mostly of middle-class folk " : A Taa 109 grades and all hay is selling strictly on . u dd urned on the Leviathan from five weeks (oS 4 % bl L S LI L merits at u range of 1200 to 1600\ MIDLAND STEEL PRODUCTS. | “IEhtnce! “iceiioar, ° avtl a3 t|in " England, France and Germany. | (CoPrrieht. 1028 by Nocth American News Investment idasigta i 2 4 amid o 50y | per ton | NEW YORK, August 32 (®).—Earn-| 1.} Jpiece M, Stern vfd 30 | Willys-Overland has so far this yeat v o v, [ Westo Unton 6%a." 5 110 110 110 | P5irgu_no. 1w 110001200 per | AEW idlana Steel Products Co. of 3 Srern s i i1t 19, | produced 296,000 mutomobiles. comphred [ 0 b ToE ) r e . YORK PRODUCE { e Mooty ... o 05 08k 102K | om0, 1 oul, 100N B0 O atia Tof aly. whre 49061000 atter J Buperheat Co 19t 145 140 | with 174,000 for the entire vear of 192 E. Suggestlons . p | Yonsin WA haws. 41 9% 91 9o Dairy Market. (il ‘charges excopt Tederal taxes and| "1EYIN Whiach w0 da din jan |he sald Producton v fle sean RALEIGH, N. C. August 23 (P).— | E sour I RAILROAD, Poultry—8pring chickens, pound, 50a | proft sharing This is an increase of | ahomes Bred &, {5 W, W **Diring the month of July 8,000 cars | Teke Fose el of the division of A et o | 35; Leghorns, 25832; old hens, 33a29: 42 per cent over July of last year. For S qimken DRtie R 14 18 wert uhibped Lo export marketa and the markets of the North Carolina Depart- Each month The Equitable pre Sl V5o Mn QLBouds 1088, } 8¢ 94 | hoor and thin, 18a20; old roosters, 15a | the first 7 months the company earned 1 Todd 8hi i e e sald. will exceed 50,000, | Ment of Agriculture, has launched a . fum 10 | atchivan sea ¢8. 4 v wats Y™ qucks, 2162; poor and thin, 18420; 1:x;ul|7. 67, compared with $1,651,656 last | 8 3 3% 3 | T e ear his company piAns to manus | l’fil:fif“‘i“fr':’p'.-e'&'.'.’l“i‘y?f‘ :rru:epr:.:? llg- PirflMl hst “L bond suxg;'srmns g oo R i At old, 15820 pigeons, palr, 25a30 L 3 Byl 430 facture 75,000 automobiles for export, | SHtUe 10 represe : . e | suitable for business an 5046 50 e = s » 0lg, ] " " L acture 75, and per e o bl | At "'A“‘:” . bl 4 ‘mi‘fi;f gn"x‘n"r::]:lxllh)x:..”’.vl:.‘n n x]:l“:-w::w‘“l CALL MON;’.‘Y EASIER. 5"""';; IP: ::: ngl}:; ; by :;:‘e 'géll‘::llr.l.\vlerr:;hr fifi'”fi?g:fiffil’,fif sonal investment needs, ) a L p 4 P . U 3 1 q 011 v . . L W prec oot bt i Ll (4 * |30, firsts, dozen, 32 [ i3t R oo vie g8ty AWARDED SHIP CONTRACT. | terday by Mr. Ross seeking to enlist ; principaily | B & O ov 4448..... 1 Al *1 " Butter—Good 1o fancy cresmery,| NEW YORK, August 22 (P).—Call| 44tmi g Ing Q e 3 the co-operation of = South Carolina, | § This manthly publication sup- Joebery letiuce. | B & O ref bn. . ... b A0L 101 oing, 44V5a47; prints, 47a40; blocks, |money easier. 'High, 7; low, 7 ruling Bigbe vye "Wii 8831 BALTIMORE, August 23 ¢ ) ~ | Georgla, Arkansas, Alabama and. Ten- : p e and six dogen | 15 & O ba 2000 D. 7 101 10w |He Jadioe. 36636, store packed, 31: |rate, 7. closing bid, 7. Time loans 3 oy o] ‘The officials of the Maryland Doo‘ naluemthf'.“rmfilu. ‘The object of the | | plements a Bond List with 4k, rarely |1 &O Istbsct i 10wt 1045 1 SO0 T 0adi firmer, mixed collateral, 60-50 days, ! 1% Co., at Pairfield, have been that | institute Id to seek uniform several features d d (ork Copen- | B& O rf imp 8. ... 108 1081 h V5! 4-6 months, 8. Prime mercantile i J they had submitted the lowest bid for grading and also to foster legislation es_devoted to Gypsum recondmonln‘r two 10,000-ton freighters | deemed beneficlal to the industry, which | § the interests of Bond buyers. ¢ basis | B &OPLEWY 48, g 9% 1% * | paper, 54 a8% . s {B&OBWIEsEY. ... 101% 101 | STEEL OFFICIAL RESIGNS. ‘Bankers' acceptances unchanged & e i o m:‘g;m:uslt:mmsdmc ”“";"},,‘,: passed through two unprofit- mbers were | Brooklyn Elec 6%s & 9% ¥ Py p 94 ec! { BALTIMORE, August 22 (Bpectal) Bhar, cooacnt Rte A E' motive power from steam to Diesel en- ALY ARV Send for a copy 4 altt ond e | Bust R & Pt s%e. 3 2 eral manager of the Sparows Point| | Muaskets at a Glance & gaaa 2581 50 per | Brooklyn Klev 6%s y 9k 93 it /C\I:’v.vn’y:anhalfin“ 2 o |W. Trank Roberts, for 10 years gen- EEE] aftt & Hond B . gines. e so 47 |plant of the Bothlehem Steel Corpora- alsresn war h 3 H. F. Brown, vice president and gen- URGES COAL PURCHASE. Can Nat Aw®69.., 15 4 Y67 97 e Bothle eel O 3 A esson O & B \io seve d 6810 5514 |eral manager of the company, sald the Canad Pac deb 48, . h,u,“m,.;v s ’::ivulyl,.l..:u ‘..:.u”nm sover »u"lll‘ esl Auto S & xi L %81y |contract would amount to approximate- “:m :mm"“ I;tb nli)g’fi_v‘a'llely THE EQU]TABLB Can Pa e a Ry ;I ”,’T h:lw, s activities for pres | NEW YORK Almu«“ a3 “: i tocks Wi Parp e 3 sy ;m]ou.ol:(l)m Whevxlx”;heh:o.r‘l;“ lnu‘ Rallroad Co., returning from an inspec- | SECUR!T[ES ent ao it & L -l b gt ) o faavs i ed | B Radio vises 8 points. Bonds dull; 5 robably within a 3 , aboul = sl sl it on " e | Blewnrt J. Cort has bien wppotnted | UL TERG oy, 'Woralin exchanges | ., 13 Bonile (™ 30 30 (B0 naditional employes would be re- |Son UiP. sMd a coal shortage next G oN K () oV AN € 29 vl’" Hil the osnay A 5 el mixed, yen down Cotton higher; un- MINING @TOGKS. quired. Every department of the plant Lodonan POrEE W COMPANY ]h'(V Holden Goe Sou Chen & O g0 oY " 49 | Corporation and “has already entered 4 Rl e Ty YU Tave to be expanded. fail to order early. N NEW YOR D) Hale v A B 60 |upon the discharge of his dulle My | tavoral le w‘v’klv weal :n l(«y;l“ gt 10 Gom Tun & Dramn... 4} P § While he sald prospects for Fall busi- A iger pres f the +Sicago Bur i B pen 48 5 L 42, s |Cort comes o Baltimore from the cor- | steady; trade suppor V0. ORBY § oloren Faper S —_ ness were encouraging. he predicted that The Equiiadis Trust Company ey y g I e | C B & QY B 7. wiee 970 | poration’s main plant, at Bethlehem, Pa, | lower Braztlian offers o E0fs ol M Lag 3. y| United Olgar Stores of America next Winter will probably be a severe of New Yok = ¥ shern | Ciik s 1 §. \ #i'e |[He has been connected with the com-| CHICAGO, August 22 ().-—Wheat o Heeln Min.....oooo0 earned net profit of $3,250,814 In the | one, pointing out that we have just had first of | Chi Gt West 48 63 o Ipany for many ars, and ix regarded | firm; predictions frost Canada, Corn !"n“lnfllr g alx months ending June 30, compared [ two mild ones. Severe weather, he ex- 917 Fifteenth Street, N. W. Tve | Ciu M 8174 1 5C8Y w6 as one of the best-equipped steclmakers | steady; unfavorable Missouri reports, | 11 MG %‘_‘;, o :‘u:n n‘_’z.'m.m inthe first six months fltlnod‘ hampers mining and transpors WASHINGTON, D. C. CMESIP ret 434589 2 95% 6% In the United States, Cattle irregular, Hogs firm, 2 3 Nowmont Z: