Evening Star Newspaper, October 25, 1928, Page 15

ZFIN CONERTBLE BKD SSUES AREACTHE Sbeculative Element Turns ¢ to Foreign Group—Ad- vances Recorded. BY CHARLES F. SPEARE. Special Dispatch to The Star. . NEW YORK, October 25.—Interest convertible issues today moved from the domestic to the foreign group, in which the largest advances occurred. The Italian industrial 7s gained from 3% to 4 points in response to the higher prices abroad for the stocks into which they are convertible. Domestic_convertibles were irregular. With the exception of Andes Copper 7s, which had an early rise of nearly 2 points to 165, the other members of this group were reactionary. The oils picked up when oil stocks became the feature of the speculative market. Sugar bonds were also higher. In the case of Eastern Cuba Sugar 7':s the rally from the low price of the month has amounted to 15 points. There was not so_much activity in the United States Government group following the good gains of the last few days. The 434 per cent notes were quoted at par and the 43 per cent issue at a premium of };. High-grade rails and publc utilities were dull and little changed. A few of the "junior rails showed frattional advances. = ° It was announced that the third unit of $10,000,000 Anaconda Copper Co. debentures had been converted into common stock at $59 a share. This leaves $20,000,000 outstanding of the original issue of $50,000,000. The next lot of bonds is convertible at $62 a share and the final $10,000,000 at $65 a share. The price of the bonds today dropped off over 2. points. Public utility bonds and preferred stocks composed the largest portion of today’s issues. This financing has been helped by the recovery that has taken place in the past few-weeks in public utility securities. A number of joint accounts have been forfhed tb ac- cumulate both bonds and preferred stocks at which it appeared to be at- tractive levels compared with the issuing prices. A canvas of underwriting houses in- dicates that the volume of new busiriess under negotiation is small. Dealers are for the first time in some months com- plaining that they have only a limited supply of bonds, and are not able to satisfy the demands of their customers. Railway Income Gains. BALTIMORE, October 25 (Special) — Gross revenues of the Maryland and Pennsylvania for September totaled $82,229.99, a decrease of $12,314.6% as compared with the same month .8 year ago. - Operating expenses for the month showed a reduction of $10,681.77. Net railway operating income aggregated $21,251.35, a gain of $126.23 as com- pared to September, 1927. For the nine months operating reve- nues totaled $635,702.12, a decline of $79,0904.12 as compared to the cor- responding period last year, while net railway operating income was $118,- 936.27, & fallinf off of $19,143.17. Washington Stock E;change Georgetown Gas 55—8$1,000 at 1023 $500 at 1027, $1,000 at 103. Wasiil Gas 6s “A"—$100' at 10415, $400 at 1047;. Potomac Electric 5% % pfd.—1 at 109. Washington Gas Light—10 at 1013, 10 at 101%, 10 at 102, 20 at 102. National Metropolifan' Bank—10 at 400, 10°8t 400. > Piremen’s Insurance Co.—8 at 37%. ~° m&‘&g..mm Co. com.—10 at 55. Merchants “Transfer_& Storage com.— 10 at 12 ¥ Mergenthaler Linotype—10 at 101, 10 at 101%, 5 at 101%, 3 at 101%. Peoples Drug Stores pfd.—10 at 122. AFTER CALL. Capital Traction 55—$3,000 at 10115, Federal-American National Bank—10 at 336. Washington Rwy. &; Elgctrk: 45—8$5,000 | at $2%. B ol 3 Potomac " Electric 5% % ptd—70 at Merchants' Transfer & Storage pfd.—10 at 108, 3 at 108, 10 at 108. Merchants' Transfer & Storage com.— 40 at‘129. 20 at 129, 30 at 129, Potomag Electric 6% pfd.—2.at 113%. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Telga. 4%.... Am I, & Telea. 4%2s . & Tel. ctl tr. 5s. Pot. R. R. Bs. B y. & Elec. 450l . & Elec gen. 8 MISCELLANEOUS. Barber & Ross, Inc. 612 Chemberlin Vanderbilt H Chestnut -Farms Dairy 65 Chevy; lyb 5%s.... Pot. Jo Wasl 615 per Mfg. 6s it Btock L'd Bk 5 et | PUBLIC UTILITY. mer. Tgl. & Telga. ction Gas. .. & Wash, 8 Potomag Elec. 6% pid. .. Potomae Elec, 5':% pfd Wash. . & Elec. co Wash. Rwy. & Elec. pfd.. NATIONAL BA! Nations} Capital.. Columbia Commercial Distriot ... s Farmers ‘& Mechanics’ Pederal-American . ‘of 'Wash.:!l! TRUST COMPANY. American Securit Continental Tru: Merchants'= Bank. Natiol Union ust.. . ... . ‘Washington Loan & Trust.. SAVINGS BANK. Bank of Bethesda. Commerce & Savings East Washington Second ' National s Bank .. Mechanics.”. ngton 4 FIRE INSURANCE. TITLE INSURANCE. Columbia Title Insurance.. SRe e g Title & Inv. Co. of Md." com. . Wash. Cons. Title pfd......... * MISCELLANEOUS. Barber.& Ross. Inc.. com Chevy Chase Dairy ptd Chestnut Farms Dalry com Chestnut Farms Dairy pfd... Gommeretal Nat'l Co. pfd D, C. Paper Mfs. pfd.. ... . Nap'l, Scurities nid G & Gravel ptd torage DId. .. American Co. ‘¢om American pid Lans jonotype . Merchants Tran, & Sorae. Merchants' Trans. & Stor. ptd. Mergenthaler Linotype Nati Mege, & Inv. pid Peoples Druz_Stores pid Security ~ Blorage.... anitars Grocery Go. b ‘er. Ref & Whrs. Corp. Wash. Conv. Hall pfd. . Wash. Meci. Mige com h. Medic 5 150 rd & Loibrop pid e 9! i 14 a1 Widg. Corp.. . a Ex-dividend. -Am T & T cl tr 48,.106 99 99 ANCIAL. [ o BONDS o ] Received by Private Wire Direct to The Star Office UNITED STATES. RAILROAD. (Sales ‘l‘l’l' Illl“‘:n.‘)fi’:lo.i 3 Sales. High. les. High. Low. Ala Gt Sou 451943. 3 93% Lib3%s... 147 9823 9820 At&SF cvt 4s 05 9 91 Lib1st4%s 7 (013 101 Atchison gen 4 ‘Lib 4th 4%s 39 1016 1014 US3%s47. 80 992 10 1043 1043 159 106 30 107 26 123 1125 FOREIGN. Sales. High. Low. Close. Argentine 6sJuby. 7 100 99% 100 Acgentine s Octs9 3 100% 100 Argentine 6s A.... 23 100% 100 100% Argentine 6s B.... 17 100 99% 100 56.. 14 884 88 88 21 95% 95% 95% 2 961y 961y 964 6 102% 1025 102% 1 964 96% 96% 42 101% 101% 101% 15 106% 106% 1064 18 109 108% 108% 28 106% 106 106 11 115% 115% 115% 14 101 110% 111 19 105% 105% 105% 4 100% 100% 10 12 96% 96 96% 18 96% 96% 96% 13 100% 100 100% | 3109 1081 109 4 100% 100 100% 3 100% 100% 100% . 9. 931y 9315 934 100% 1008 | 90% 90% 98% 99 B3h 88% 95% 95% 102% 102% 109 109 110% 110% 1044 104% 103% 103% 103% 1035 90% 90% 3100 100 100 1106 106 105 French 7 5 108% 107% 107% French 7348, 23 114% 114% 114% German 7s........ 123 106% 106% 106% Ger Gen Elec 7 18 103% 103 103% Haiti 68 4 100 99% 100 irish Free State5s. 21 96 96 964 italy 78t.... 32 97 96%° 96N Italian Pub S 7 5 96l 96% 96 Japanese 6% 31 102% 102 102° Lyon 6s. 13 100% 100 100 Marseille 6s. 3 100% 100% 100% Mexico 4s 4asntd. 2 23 23 28 0asntd. 76 241 22% 24% [ 9% 9% 92 2 101% 101% 101% 23 100% 100% 100% 104% 104% 94l 94k 93% 94k 1015 1015% A 9TH 9Tt 100% 101% 1025 102% 103 103% 103 103 9% 99% 994 99k 103% 103% 91 ‘91 101% 102 - 107 ° 107 83% 84 88% 884 99% 99% 106 106 104 104 96% 96U 107 107% 92% 92% 9yt 99% 104% 105 9T 9TH 99 ' 99u 103% 103% 103% 103% 99 9% 9L 9 1184 1184 Close 98 20 101 1014 99 2 I b o1 . 15 98% 29 102% 5 102% Bang & Aroos 4s 51 Brdway & 7th Av 62 Brooklyn Elec 6% Brooklyn Elev 6348 Bkiyn Manhat 6s. . Can Nat 448 30. Can Nat 4448 67... Belgium 6%s. . Belgium 78 1955 | Beigium s 1956... Beigtlum 7% Belgium 8 Boilvia 8 | Bordeaux Brazil 648 1926 Brazii 648 1927 Brazil 7s Brazii 3s., Canada 58 1931. Canada 6%s 1929. Chile 6s'60. Chile 6s 61. Chile 78 1943 Colombia 6s Jan 61 Con Pow Japan 7s. Copenhagen 4% ‘53 Copenhagen bs ct.. Cuba 5% Czecho 85 1952. .. Danish Munic Denmark 6s. . Dutch East 1 6s 47. Dutch East 1 6s 62. Finland 5%s...... Finland 7 Frameric Car Clinch & O 55. . Car Clinch&O 6s 6. Chesa Corp 6s w Ches & Ocv 4 Ches & O gn 4% Chi & Alton 3%s. Chi & Alt 3%s ctfs. CB&Q4%s77B.. Chi B&Q st rf bs CB&QIll3%s... Chi&E U1 gD b3 51 Chi Gt West 4359, CM&StPgn8).. CM&SLP ret 443888 ChiMIISP&Pachs 75 CMSP&Pacad? 5503174 Chi& NWgn3%s. 5 79% ChiNW 4145 2037. 1 984 ChI&NW 4%s 1987. 10 106% Chi Rys 6s. . 1 80% ChiR1&Pgn4s.. 3 91 ChiRI&Prid4s.. 9 95 CR1Pac4%swi. 57 95 ChiTH&SEbs. Chi Un Sta 4¢%s. Chi Union Sta 5s... Chi Union Sta 6%s. C& W15%s62. . 15 CCC&StL 4%s E 77 CCC&StLrf6sA. Clev Term 65%s. C&S1st4s2y.. Colo & Sou 43 Cuba RR5s..... Cuba Nor 5%s ct Del & Hud 1strf 4s 5% 4 102% 2 109 1 110% 18 104% 15 104 17 103% 8 91 est bs. .. DRG & Wst 55’78 Erie Gen 4s. . Erieconv 4s B. Erie conv 4s D. Eriecvt 58 67 w1 Erie conv ext 7 Erie (Pa) clt tr 4s. Fla Kast Cbs 74. Gr Trunk stdb 65, Grand Trunk 78 Gt Nor 4%s 76 D Great North 6% Great Nor gen 7s. . Green B & W deb B Hav EI Ry 58 52. .. Hav kI Ry 63861, Hud & Man a) 5 Hud & Man ref b: 111 Cent 4s 52 Ll Cent 4% 111-C-C- StL&NO Int Rapid T 61 Int Rap Tr 68 stpd. Ant Rapid Tran A Int Rap Trans 7s Int & G Nor 1st 6s. Int&GtNoradjés 52 Int Ry CA 6%srct Kan City Ft S4s... Kansas City S 3s Kansas City S 68 Lake Shore 4s 31 Lehigh Val cn 4s. LehiVgen 4352008 Louls&Nash uni ¢s L &N 4%s2003. .. Louls & Nash 5%s. Louls & Nash 7; Market St 75 40.. .. MStP&SSMbs3sgtd T4sB Netherlands 6s 54. theriands 6s 72. So Wales 67s. 58 1 106% 3 1125 - a9 Norway 68 1944 17 109% Norway 63%s 1962, 25 113% Orlent Dev deb 6: - Paris-Ly-Med 6s. Paris-Ly-Med Peru 6 u 78 Peru 7% Poland 68 4). Poland 7s (rcts) Poland 8s. Prague TH%s. Rhinelbe Un 7s.... Rio aneiro 6%s Rio de Jan 88 1946. Rome 6%s. Saxon (PW) 7s. Seine 78 42.. . Serbs Crot Slo 8s.., Soissons 6s. Sweden 5% Swiss 548 Toho EI Pow Tokio b%s 1961. Utd Kingm 5%s 29. Utdliingdm 5%8 37 7 105 104% 105 Yokohama 6s wi... 9 .95% 95% 95% MISCELLANEOUS. Am Smit &R 1st 58 10 101% 101 101 Am Sugar Ref 3°108% 1034 10345 99 7 104% 104% 104% 17 105% 106% 106% 8108 107% 1073 1100 100 100 1 89% 89% 894 A % 38 105% 105% 105% Anaconda cv db 78.160 147% 143 143% Andes Copper 78.. 548 165 1624 162% Armour&Co4%s39- 4 92% 924 924 Armour Del 5%s.. 22 93 92h 92% Barnsdall 65 1940.. 67 134'% 133 134 Bell Tel Pa§8C... 20 109% 109 109 Beth Steel rf 6 8 101% 101 101 Beth Steel 6% 53. 13 102% 102 102 Bethlehem Steel 65 13 105 104% 105 Bklyn Edison bt 6 104% 104% 104% Bkiyn Union § 3 312 310 310 Bush Term Bldg 68 5 1024 102 }02% Certain-Tds%srets 14 901 90 90 Chile Capp: 6 961 964 96U Colon Ol 6538, ... 118 106% 104% 105% Col Gas&E) deb5s. 21 100% 100% 100% ConGas N Y 5%s.. 14 106% 105% 106 | NY NH&H clt 6s Cuba Canecv 7s,.. 27 7l% 70 71%|N ¥ Ont W 1st 4s.. Cuba Cane 25 4% 78% 74% | N Y State Ry 4%4s. Detroit Bdison 1105 105 105 |NYStateRy 6%s 62 Detroit Edison 6: 1108 0f B 4% nner Steel 7s. ... 9% 99 EastCubaSugT%s 2 91 94 Ao L Fisk Rubber 1 112% 112% 112% | Nor Pac 4348 204 Gen Aspbait ¢ (S 109 1084 109 | Northern Pacr s len Mot Ac Cor 2% 102% 102% Goodrich 6%a.....: 10 1075 10733 1075 | Qré Short L rfs 4 Goodyear 58 rots.. 58 93 92w 93 | Ore Wash lstd 3 93 924 921 pe 4,100% 100% 100% 13'101% 101% 101% 1 104% 104% 104% 1 004 54 1 12 98 98 884 993, 95% 995, 107% 104% 9T 99 8oly 94%; 1041 101% 5 118% 104% 97% 99% 86 94k 104% 101% 1% 997 ‘Am T & Tl trbs.. AmT&Ts b, Am Tel &.Tel 5%s. Am Water bs. Am Writ Paper naconda st 6; New Or Term 4s... NOTex& M58 B.. NOT&Mb%s N Y Cent 45 42. N'Y Cent 48 98. NY N NYChi&StL 5%sB. NYC&StL6sA. New Haven 8%s 64 New Haven 4s 65. . NY NH&H db 48 57 33 NYNH&H4% NY NH&H cv db 6s 1067 102% 20 98% 5 90% 1 101% 6 100% Mar 1st 45 56. Marq 18t 6s PCC&StL6sA.. Port RL & P 5s 42. Reading gen 4%s.. R1Ark& L 4%4s. StLiIM&S4s2y... Stl 1 M&S gn 58 31 2 St L IM&S R&G 48 StL&SFpl4sA. StL&SFre%sis St L &S F orin 6s, St L S W con 4s 32, St P& KCShL 4%s. St P Un Dep 6s.... Seaboard AL 4s sta Seub A L ref . SeabAL ad) bs 1949 Seab A L con 6s... SBAll Fla6s35 A, SB All Fla 65 35 B. Sou Pac 4s 29, Sou Pac cit 4 Sou Pacific ref 4 Sou Pac 4% s ret. Sou Ry gen 4 Sou Ry Con 6. Sou Ry 6s 656 Sou Ry 6% b Son Ry Mo & O 4s.. TexArk F'S 6%s 50. Tex & Pac b8 18 1977 Third Ave ref 4s 60 Third Ave adj 6. Tol Tr L&P 5%s 30 Union Pac 1st ¢s, Union Pac 1st rf 48 Union Pacitic 48 68. Un Pac 4%s 87 UnionPaclst ref 68 virgina Ry 1st bs. Va Ry & Pos... Whbash 4%s'78 rcts w Inti Cement intl Match bs 47 int Mer Marine 6s. Int Paper 68 47. Inter Paper 6s. 30 103 5 99 3 1015% 101% 101% int Tel&Teleg 4%3 25 96% 96 96% J Kayser& Co5%s 26 114 112% 114 Kan City P& L bs. 2 104% 104% 104% Kelly-Spring 8s... 2 109 109 109 Laclede 68 . 5101 101 101 Ligget&Myers6s51 2 101 101 101 Lorillard 6s. . 2 B6Y% 86k 86% LouisvG & B 68562 17 103% 103 103% Midvale Steel 6s... 17 100% 100 100 Mont Power 6343.. 3 1034 103% 103% Mont Power deb 68 11 101% 100% 101% Mor's&Co 1st 43%s. 12 87% 86l 86l 6 107 106% 107 1 104% 104% 104% 5 115% 115% 115% NYGELH&P4s 10 95 94% 95 . 46 101 100% 100% 6 107 106% 107 5 110% 110% 110% North Am Edis 6s. 4 100% 100% 100% NorOhto Tr& L 6s 4 102 101% 101% Pow §s. 13 101% 100% 101's Pow 1 106% 106% 106% Paclfic Gas & EI 6 6 102% 102% 102% Pac T & T 1st b 10 102% 102% 102% PacT & T 6862 10 106% 105% 106% 1847 8 100 99% 100 3 104% 104% 104% 2 106 106 108 50 99% 99% 99% 46 93% 93% 93% 2 107% 107% 107% 6 99 98% 99 Posta) Tel & C6%s 50 95% 95 95% Pressd Steel Car6s 7 99 98l 984 Public Service 414 19 148% 146% 146% Punta Alegre1s... 4 98 98 98 RemingtonAr 6s 32 98% 984 Rem Rud 6%swar. 11 94'a 94% 943 Sinclair Ol 32 99% 99 99y Sinclair 011 6 9 101% 101% 101% Sinclatr Ofl 78.,... 20 103 1021 103 Sinclair Crude 6%s Y 9% 9% Sin Pipe Line T 94 9% 9% Skelly Oll 6% 3 93% 93% 93% Southwest Bell 8. 11 104% 10415 104% Stand O/l N J 68 46 14 103% 103 103 SugarEstOriente?s 1 98% 98% 08% TennElecPow 63 47 3 106% 106% (06% United Drug 68 63. 22 97% 97 97 14 89% 88 88% 100 964 987 100 NY N Y Tel 65 49. 93% 103% 1020 6ok 64% 100% 94% 1% B9 98% 108% 105% 10043 9% Bl% 8l 99 98% 99% 98% 584 88 82% 824 3 981 10 .. FIND ERROR OF 20 FEET. PARIS (#).—The capital of France 1s not where it was thought to be. In Wis Cen gn 48 49.. astronomers alike have hitherto made 3 101% 101 101% | 8n error of about 20 feet. . 10 107% 107% 107% | The French Bureau of Longitudes 8 100% 100% 100% | has now set this right, moving the lo- 3 98% 98 98 |cation two hundredths of a second 5 92 92 92 |farther east than had been supposed. 17 103% 103% 103% | For sclentists the importance of the 5 102% 102% 102% | demonstration 1lles in the accuracy 2 103% 103% 103% | now attainable in geographical and 4 102% 102% 102% | astronomical observations, for it was % 102 101% 101% through observations of the stars that 1107« 107 107 this error in the old calculations was 34 100% 100% 100 discovereds f Utah Pow & Lt s Vertientes Sug 7s. rner Sug 1839, 3 Wilson & Co 18t 6s. WinRepeatAr 7%% Yogstn S&T6sw i ;| Declines Follow Rally Caused by - CORN VALUES calculating its position, navigators and | Fr NEW HIGH RECORDS ARE WA ON CLRB Cil and Utility Groups Show Spectacular Gains—Other Issues Rise. BY WILLIAM F. HEFFERNAN. Special Dispatch to The Star. NEW YORK, October 25.—New high records in the oil and utility groups and sharp upbidding of industrial spe- clalties, coupled with the almost com- plete collapse of pool operations in one or two recently favored issues, made up outstanding developments on the Curb Exchange today. Those who watched with uneasiness the precipitate decline in Checker Cab | Manufacturing placed more significance in what was occurring in the market for that issue than in the ability of other highly speculative shares to move into new high ground. The price left off Wednesday at 64. It broke below 52 today before selling was completed. There were no developments in the affairs of the company itself to account for the wide open break. It was merely an aftermath of the prolonged cam- paign for the rise which had carried the price to a level apparently unwar- ranted for a stock paying no dividends. When selling became urgent a wild scramble to unload ensued and holdings were thrown over regardless of cost. Hygrade Food Products was another that sold off sharply, although the de- cline was not as pronounced in this in- stance. Around the 47 level the price compared with the previous close of 56. National Rubber Machinery, another which had gone off sympatheticaliy when weakness developed in the two first named issues earlier in the week, was again freely supplied at declining prices. On the other hand, those working for the rise in pool favorites had their market ‘well in hand, Anchor Pos" Fence, Anchor Cap, Celotex and Colum- bia Graphophone reached new peaks. the last named opening on a block of 10,700 shates at 57% and subsequently crossing 58. The sensational Superior Oil warrants entitling bondholders to purchase the common stock changed hands at 1205 and 1350. At the latter price Wednes- day’s gain of 700 points was extended another 100. Standard of Kentucky, Indiana, Humble Oil at a new high and Prairie Pipe Line were bid up sharply under an urgent demand. United States and Foreign securities featured the utilities, advancing 7 points to a new high at 541.. Lion Oil & Refining, Gulf Oil, Venezuelan Petroleum and Darby Petroleum were favorites among the independents. New highs also were established by Keystone Aircraft, Consolidated Dairy Products, Fiat debentures and Blum- enthal. Ginning Report. NEW YORK, October 25 (#).—The re- port of the Census Bureau showing 8,147,301 bales ginned prior to October 18 was followed by advances of about 14 to 23 points i the cotton market early today, but the figures were only slightly under expectations, and the ad- vance was checked by near month liquidation. This subsided after trading in October contracts ended at noon, and late forenoon declines were followed by a comparatively quiet and steady mar- ket. At 2 o'clock prices showed ral- lies of about 10 points from the lowest and were within a point or two of yes- terday's closing quotations. . INCREASE. Gives Larger Export Business Boost to Prices: CHICAGO, October 25 (#).—En- larged export business in corn, totaling more than one million bushels for 48 hours, gave a fresh lift to corn values today and also affected wheat. Coun- try offerings today of corn to arrive here were fairly liberal, but were being fast absorbed by industries and were not being hedged against future delivery contracts. In some quarters much sig- nificance was attached to advancing prices for corn in Argentina, as ex- plaining increased European demand for corn from the United States. Corn closed unsettled at the same as yesterday's finish to % higher, wheat 15 to 3 up, oats varying from a shade decline to % advance and provisions at 15c setback to a rise of 5s. May Increase Exchange Seats. NEW YORK, October 25 (#)—New York Stock Exchange members are to meet after business the afternoon of October 30, when President E. H. H. Simmons will discuss the question of increasing the membership. Mr. Sim- mons last week appointed a committee of five to consider the advisability of the increase and the method to be em- ployed. It is this committee’s report that he is expected to present to the members. The exchange now numbers 1,100 members and it is understood that 25 additional seats are sought in an effort to facilitate the increasing trade. The last increase in membership was in 1879, when 40 seats were sold {o ac- quire funds for enlarging the Stock Ex- change building. Grocery Chain Incorporated. NEW YORK, October 25 (#).—The incorporation of a $20,000,000 grocery chain store organization to be known as Park & Tilford Retail Stores, Inc., was announced yesterday for the Schulte interests. The capital will be supplied by Park & Tilford and other Schulte interests and no public offeriflg will be made. Negotiations were said to be under way for the acquisition of existing chains of stores. Drug Store Trade Analyzed. NEW YORK, October 25 (#)—The average city dweller spends . $14.91 annually in drug stores, while the country man’s_patronage amounts to $5.95, Parke, Davis & Co. of Detroit announced today in estimating annual business of the 57,000 drug stores at $1,250,000,000. ~ Only $125,000,000 is received for prescriptions, soda foun- tains taking in $175,000,000 and cigar counters $100,000,000. . GERMAN BONDS AND STOCKS. Special Dispatch to The Star. NEW YORK, October 25.— Bld 55.00 Asked. Ger Gt Red Loan with draw cls att per 100 R o 60.00 Ger Red Loan without draw ctfs per 1,000 i 42.00 (Quoted I doliars per milllon ‘marks) 1919. ... 2500 35.00 o1l housand marks.) pre-war... 22.00 3 1919... 228 5 Ger Gen El Ger Gen re-wa s & 45 pre-war Hamburg American Line 4%zs. North German Lloyd 4%as.... Krupp 5s 1t i H Dusseldort kfort 50 31.00 31.00 -war. ofed in dolisis e sha er Ge Elec). .. ... 42 Elec) pid B. L0 Farben. . isconto QGelischiaft. . . Berliner Hondels ank 23333 3333383 3383383333 Sapdepsasss 2BaB3; 3 ) ) " Rev. Dr. Daniel A. Poling, New pastor, has written three books. THE EVENING STAR, WASHINGTON, D. C. THURSDAY, OCTOBER 2 NEW YORK CURB MA Received by Private Wire Direct to The Star Office Following is a list of stocks and bonds traded in on the New York Curb Market today: Sales INDUSTRIALS. in hupdred 4 Adams, Milits s1 Acoustic Prod udd Mg 3 Bullard M 58 Can_Marco 05 1°Curtis Pub pfd 6 Curtiss Flying Serv . Inc . ne P & L optl Cor. Evans Auto Lo: 9 Evans Wall Lead.... .. 25 Fairchild Avia A Wil 11 Fed Screw. S war' .. n Co A 15 Fox Theaters A . 1Freed Eisem R C 19 Freshman Chas 4Gen Alloys 1Gen Pub Ser . 7 Glen Alden Coai ... 32Gobel A n . 5 Goldberg Store : 4 Gorham Mfg . 26 Goodyear Tire rts Wi 20 Gotham Knith M wi 5 Happin C 8t A 3 Hotsehold Finarice wi 3 Huylers ... 21 Hygrade Food ly ake Super C. efcourt Real 14 McCord R B vic. ... 3 McKesson & Robb Wil 5 McKess & Robb pfd. 8 Mesabi Tron..... 31 Miller Sons. 4 Mohawk Hud Poy 15 Mond Nickel Std 16 Montecat ~ deb _rts. 5 Municipal Serv... 4 Nat Banc ser corp wi T, Niles Ben orma Elec. . 12 North _Am Utility 22 North Eastern Pow. .. 16 Nor Sta P A s 22 Paramount Cab Mig Wi 3 roce A. 1303 359, 80 4% Ro ) 11 Royal Bak Pow United . 28 2 Schutter Johns CCo A 24 7 8ec Gen AmInv pfd wi 113% 18elfr Prov Stores. 4 v Eln vic In 12 Yel Taxi C N ¥ n. Sales MINING ; in hundreds. s o o m Gold & P. 12 Tech Hughes . 5 Yukon Gold. . Low. Noon. 283 SR ot < o) Rafouns rnug- el 4 2!2‘: 1405 140 402 1807 1002 lgafl 3% 3% it 3 0% % o §ales in INDEPENDENT OIL STOCKS. hund; age : 2Tid Os O non- ‘e 493 Veneraelan et .. mp O Can . 20700 Inter Pet Ltd 12100 Prairie O & G 900 Prairie P L 1400 Vacuum Of Sales in thousends, 921, 931, 815 818 35 Beacon Oil 6s ....... 1L 111% 13 Botton & Me 5 AC 9813 6Caro P & L 55 b 3Chi Pneu Tool 5%28 ids 55 . i mtl $eee.... 5 Dix Guif Gas 6as 1Empire O & R 5V 8 Fairbanks Morse 0 Fed Wat Serv 5ias. 5 Pirest Cot Mil 5 1Firestone T & R b Tire 5% Fla P & L 5s.. Gatineau_ Pow 5 970 Gen Am Iny 55 A ww 87 Gen Laun Ma 6ls.. 106% 6: X 5% 9% 1Penn Oh Ed 6s A Ww 10112 L 55 D '53 102 s '712,.. 105 15 Potomac_Ed 5s ‘E. 2 Queens B G & E 5% 2Rem Arms 5ias 5Richfid Oll 5bas. .. 1Roch cent Pow 55 1Schulte R 12 Southeast P&L 6. 11 Sou Eq_ 5 11 South’ Cal G s ' Elec .10 1 11 Warner Quinlan 6s... 112! 38 Western Pow 5%s A. 100% Salesin POREIGN BONDS. thousands. 20 Adriatic Elec Ts, Ba Ts " 6 Ger Cons 25 Ger Prov 2Gua & W 19 Hamburg E 5%s. ... 4 Isotta Fraschini 7s.. 3 Isotta Prasch w 51Ital Supe Sl ot e s 36 wa 90 s '46 Wi 115% 6 Warsaw 78 . xd—Ex-dividerd When issued. ew. With warrants. CHICAGO LIVE STOCK MARKET CHICAGO, October 25 (® (United States Department of Agriculture) — Hogs—Receipts, 38,000 head; fairly ac- tive; mostly to large and small packers; around 25 lower than Wednesday's average; early, 9.20; bulk and choice butchers, ‘all weights, 8.9029.10; butchers, medium to choice, 250 to 350 unds, 8.7529.15; 200 to 250 pounds, .90a9.20; 160 to 200 pounds, 8.65a9.15; 130 to 160 zounds. 8.25a9.00; packing sows, 8.00a8.50; pigs, medium to choice, 90 to 130 pounds, 7.50a8.50. Cattle—Recelpts, 11,000 head: calves; 3,000 head: better grade fed steers strong to higher; best yearlings, 17.35; heavies, 17.00; slow, steady market on lower grades weak, 50a75 - downturn; other classes mostly steady except veal- ers; latter 25250 lower at 13.00a13.50: slaughter classes steers, good and choice, 1,300 to 1,500 pounds, "I3:75& 17.25; 1,100 to 1,300 pounds, 13.75a 17.25; 950 to 1,100 pounds, 13.75a17.50; common and medium, 850 pounds up, 8.50a13.75; fed yearlings, good and choice, 760 to 950 pounds, 14.25a17.25; heifers, good and choice, 850 pounds down, '14.00a16.75; common and me- dium, 7.75a14.00; cows, good and choice, 9.2511.75; common and medium, 7.00a 9.25; low cutter and cutter, 5,75a7.00; bulls, good and choice (beef), 9.50a 10.75; cutter to medium, 6.7529.50; veal- ers (milk fed), good and choice, 12.50a 13.75; medium, 12.00a12.50; cull and common, 8.00a12,50; stocker and feeder steers, good and choice (all weights), 11.00a12.75; common and medium, 8.50 211.00. ‘Sheep—Receipts, 15,000 head: anoth- er 25c advance under limited supply of killers; sluggish under certain co ditions: dress trade largely discounte sheep and feeding lambs in very lim- ited supply about steady; lambs, good and choice 92 pounds down, 12.75a 13.90; medium, 11.90a12.75; cull “and common, 8.00a11.90; ewes, medjum_to choice (150 pounds down), 4.25a6.50; cull and common, 1.75a5.00: feeder lambs, good and choice, 12.25a13.30. STEEL MARKET STRONG. NEW YORK, October 25 (#).—The fundamental strength of the iron and steel market is emphasized by contin- ued advances in primary materials, Iron Age gfi“"- Prices of pigiron, scrap and e have made fresh gains, giv- ing added support to an already strong situation in finished steel. For the first time in several months the Iron Age pigiron composite price is higher than it was a year earlier. It is now $17.92 a ton, compared with $17.84 last week and a year ago. The finished steel com- posite remains at 2.362 cents a pound. NEW YORK BANK CLEARINGS. NEW YORK, October 25 (Special) — New York bank clearings, $1,391,000,000; New _York balances, $125,000,000; New York Federal Reserve balances, $108,000,000. ¢ Public Utilities Special Dispatch to The Star. ¢ NEW YORK, October 25.—Consoli- dated Gas, Electric Light and Power Co. of Baltimore reports net income for the quarter ended September 30 of $1,- 210,433 after taxes, depreciation and cherges compared with $1,577,285 in the preceding quarter and $1,035,203 in .the same quarter of last year. Net income for the nine months' ended September 30 was $4,453,278 contrasted with $3,- 854,382 in the first nine months of 1927, An additional issue of 25,000 shares of Electric Investors, Inc., $6 preferred stock of no par value, is being marketed today at $99 share to yield over 6 per cent, by brlflhfi & Co. American Superpower, in its report for the 12 months ended September 30, income of $6,184,345 from shows gross dividends, interest, - profits and com- missions, comj d with income of $3,366,166 reported for ling 12 months. Net income, after expenses and taxes, totaled $5745,698, against $3,215,726 in the previous 12 months, and the balance available for dividends |- on the common stdck totaled §3,382,498, against $2,09,787, ;® |its principal plant ‘here, and subsid- FINANCIAL. Commodity Notes Fruit. SAN FRANCISCO, October 25.—It is estimated “that less than 100 cars of Valencia oranges remain in California. ‘The advance of 25 cents a bok at shie- ping points is expected to be followed by other advances. Money to Loan Secured Prevailing Interest 4 Joseph I. Weller &3 ash. 1 & <rer Coal. WILKES-BARRE, Pa—The Lehigh Coal & Navigation Co. and the Jeddas Highland Coal Co. are shipping as fast as possible from storage piles of an- thracite, since demand is heaviér than daily production from the mines. Many properties idle a year or more have re- sumed. & STORAGE = OR TRANSFER Poultry. MINNEAPOLIS.—The farmers of this section have made fine profits from their poultry this season. ' This trend has been aided by the decline in the amount of poultry in cold storage. Steel. PITTSBURGH.—The seasonal rail in- quiries by carriers have been slightly less so. fdr than at this time last year. The New York Central inquiry is for 190,000 tons, while that of the Pennsyl- vania is 160,000 at once and option on more up to a total of 272,000 tons. Live Stock. HELENA, Mont.—There is an insist- ent demand for stocker and feeder cattle. These animals are going into the 11 Midwestern corn growing States at prices 35 per cent higher than last season. . Gold Dust Firm’s Profits. BALTIMORE, October 25 (Special).— The Gold Dust Corporation, which has COMPLETE FINANCING | Ist & 2nd TRUST MONEY On homes, apartment buildings and business properties. No- apprai- sal fee. Prompt service. Real Estate Mortgage & Guaranty Corp. taries, report for the year ended August || 24 Jackson P! n 1403 31, 1928, net profit of $2,731,769, after Federal taxes and depreciatior Capital, Surplus & Undivided Profits, Over $2,000,000.00 Tomorrow Never Comes —for some of us. That’s why it’s vitally important that Your Will be made without delay. Your lawyer is the best man to draft your Will—an institution, such as this, the most desirable type of Ex- ecutor or Trustee. 2#Our Trust Dept. invites you to call and discuss this subject further. 3% Paid on Savinga National Metropolitan 114 Bank 114 Years Years old Old 15th St. opp. U. S. 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