Evening Star Newspaper, November 29, 1930, Page 13

FINANCIAL INLATE DEALINGS List Recovers Losses, but Trading Con- tinues Dull. BY JOHN A. CRONE. Boecial Dispatch to The Star. NEW YORK, November 20.—After # opening lower, today's curb market ral- lied slightly, but trading remained dull. ‘The market leader, Electric Bond & Bhare, after starting slightly lower, re- covered all of its early loss. Cities Service regained about half of its small decline in the first hour of trading. American Commonwealths Power Cor- poration B featured public utilities in point of fluctuation in the first hour. Opening off 27 points at a new low for the year of 28, the stock by swift stages picked up all of the early lost ground. Rails and pipe lines were soft again today, but pressure against them was slight. Humble Oil opened unchanged at 68%. Indiana Pipe Line by a small decline touched a new low and Gulf Ofl Corporation was a shade under its mmn final quotation in early deal- Chemical Issues Higher. 1 American Cyaramid A and B, Dow Chemical and other chemical issues pointed higher in response to trade Nrom, which predicted an upturn in sales and pointed out that net earnings for the first 9 months of this year of the 13 leading companies were down only 18.7 per cent from the record re- turns of last year. 4 Declaration of an initial 50-cent divi- dend on the common by Westmoreland Coal Co. attracted attention to coal shares, which resulted in an early bulge % in Glen Alden Coal. Armstrong Cork, which a little more than a week ago declined 143 points, following the reduction of dividend rate, was off fractionally today. Pay- ment of a special dividend by Parke Davis of 35 cents a share besides the regular common quarterly caused some activity in an issue that has been in- active lately. ‘Transcontinental Air Transport and ‘Walgreen, both at new lows, were weak spots in aviation and chain shares, re- spectively, Diamond Match showed little of the buoyancy that characterized dealings in recent sessions, possibly due to doubt of carrying through the rein- corporation and recapitalization plan. Other Changes. Hudson Bay Mining most of the ses- sion was the only copper issue that showed signs of advancing. Fajardo « Sugar advanced a point. Goldfield Con- solidated Mines came out unchanged at 3-16, but the block of 6,000 shares was the largest single lot of stock to change hands in the first hour and a half. v 3 BONDS ON THE CURB MARKET H3 g h_Gas_ s alac Gas 6s B '45 60 55, '3 iach Pow, ans P&L 55 stre Cork S8 > 3 Fl —’--.flum:-"-.gg TR ggn 558 222888228322 ‘..-SI M5B u ki £ 3 =2 22998 Fan g e & 29 % i 2 2 H 0990 Tor ErEE ST 29 g M3 22228388383 828: = g L ge?gg e 9! WEEEE & g 3 ) 3 3 288> i » 55 9 ¥ 2 ¥ 4 ¥ Ha! v e e 00! 223 g23 85 41 6'z8 '37 42 er S5 '87 99'% s A '35 79 3! H 5 3a. QQQ! 29990908 e o E”:-: FE §' arg® " ' : ot Focrs 2! wl o ananaSBetta Rt ennii Bl BatE] ¥ o 0SB 000 S ot H H Oy 20 55 53 o 33333 Ade E rg H 2afen e 50 105' 2 o 69 10015 1007 19 Nor Ind b § e, 9 K 2t Soa Note—All stocks are sold in one excepting those vm& shows ~Prev. 1930.~ Low Hi Some of 42 44 i 13 23% 0% Y% % 5 10% 70 5 1% 50 5 Btock ana Dividend Rate, Acetol Prod A. Aero Underwriters. . AfMliated Prod 1.60.., Agfa Anscopf...... Ainsworth Mfg (1).. Allled Milis (80¢)... Allegheny G: . Aluminum Co of Am. Am Capital (B) ... Am C P&L (A) (a3). AmCP&LB (10%). Am Com P A (b10%) AmComPB ( Am Dept Store: . Am For Pow (war)., Am Foundrs (b4-70)., Am Lt & Trao (3%). % Am Maricabo..... Am Potash & Ch (1). Am Superpowr (40¢). Am Superpwr 18t(§) Am Ut&G (B) (35¢). Anglo Chil Nitrate. Appalachian Gas. Arkansas Nat Gal Ark Nat Gas (A) Armstrong Cork (1) 2508 Al (at2.40) Cent St El (kdfie). Chain Stores Stock. . Chat Ph Al nv (50c). Citles Serv (g30e)... Clties Serv pf (). Col Of1 & Gas vto, Com Edison (8). Com & Sou war. Com Wat Sv (b6%). Consol Auto Merch. , Cons Auto M cu pf.., Consol Copper. . 0 Consol Dairy Prod. .. Cont Shares pf B (8). Cooper Bessemer (2) Cord Corp. .. Corp Sec Ch (b6%).. Cosden Ofl.....uvuee Crown Cent Petrol CrCork/Int A (1)... Cumberland P L t18. Cuneo Press (234)... Curtiss Wright wai Dayton Alr & Eng. De Forest Radio 4 Detrolt Afreraf! Diamond Match n Deisel W Gilb (13 Dow Chemical (2). Driver Harri: Durant Motot EastC & F A East St Pow B (1)... E Elec Bond & Sh (b§). E] Bond & Sh eu pf 6. E) Bond & Sh pf (6). Elec Pow Asso (1)... Elec Pow Asso A (1) Elec Skareholdg (1). Emp G&F cu pf (7)., Emp Pwr pt (14.60). Emp P Ser A (a1.80) Engineers Gold. Europ Elec deb rts. Fabries Finishin, Fajardo Sugar. Fiat rets (1.25) . Ford Mot,CanA+12.10. Ford Mot Ltd 37 %e. Fox Theater Cl (A).. Franklin Mfg Co.... Gen Baking pf (3)... Gen E Ltd ret (50e). Gleaner Harvn (3).. Glen Alden Coal (8). Globe Undwritrs 30c. Golden Center. Goldfield Consol. Goldman Sach T C % Gold Seal Elec new Grt At&Pac nv 18.25, Gulf Ol of Pa (1%). Hall Lamp (60¢) Hires (CE) (A) (2).. Hollinger Gold (60c) Hudson Bay M& S Humble Oil (12%) Hydro Elec Sec (1).. Imp O1l of Can (60¢) Ind Pipe L new(13).. Ind Fin ctfs (b10%). Insull Ut (tb10% %) Insurance Sec (70e). Internat Super (f1). 4 Intl Util pt pf (7 InterstateEquities Iron Cap Copper. . Jonas & Naumburg. . Kleinert Co (1)...... % Leh C& Nn (1.40) Lion Ofl Ref (2).. Lone Star Gasn (1). ) T PRSTEL -1 PP - 10 o 03 - S B RO HNHE LA RD NN BHHNRONA BNE N NN RO e SR 0eB A SN D e - o 3 P N L T L R hundred-share lots designated by the letter s (80s) (250s) those stocks to be sold in odd lots only. Bales— Add 00. Open. High. Low. Close. 110 D G l Received by Private Wire Direct to The Star Office —Prev. 1930.~ Stock and High. Low. Dividend Rate. 58 31% Long Isld L} (55¢c).. % Louisiana Lan & Ex. 5% Mass Utll Asse g% 1% M Met & Min Inc (1.20) Mid St Pet vte B, Mid St Prod n (2) Mid WSt Ut (1%).. Mid West Ut (b8%). MoKanPL (b10%). Mo Kan P L vte Mount Prod (1.60). Nat Aviation. . Ni Nat Investors...... Nat PS cv pf ww 3%, Nauheim Phar. 4 Nehi Corp (1.30).... Nestle Le Mur...... New Brad Off (50¢). . w Jersey Zinc(3) ewmont Min (f4).. Y Hamburg (2%). Niag-Hud Pow (40c) Niag-Hud Pow A w. Niag-Hud Pow B w.. Niagara Sh, Md(40¢) Niles-. - I3 Novadel Agene t3% .. Outboard Mot (A)... Outboard Mot (B)... i PacG&E 1st pf (1%) Pandem Ol ....... b Paramount Cah Mfg. Parke Davis (11.65). Pennroad Cp (20c), Penn-Mex Fuel (3) Peop L& P A a2.40.. Pilot Rad Tube (A).. 4 Pitney B P n (20c).. Prince & Whit (26¢). Prod Royalty (f1)... Prudential Invest. .. Pub Ut Hold (50c).. Public Util Hold war Puget S P&L pf(5). 4 Puget S P & Lt pf(6) Rellance Int (A) St Regls Paper (1).. Salt Creek Prod (2).. SRXSECO. .oo0oreense Seg Lock & H (50c). % Selected Industries. Selec In all ctfs(414) Select Ind pr (5%).. Shattuck Den Min. Shenandoah Corp. .. Shenandoah Cp (a3). % Southern Corp...... SW Daliry Products. 7 S W Gas Utflities. .. Sou Wn G&E pt (7). Standard Motors. ... Stand Ofl Ind (234). Stand Oil of KY (12) Stand Ol of Ohio(5) Tett COrp.....us Starrett Corp pf (3). Strauss Roth.. Swift Intl (13%). Technlcolor Inc. Texon Oil&Land (15). Thatcher Sec Corp. . % Tran Con Air Tran. . Tri-Cont Corp (war) Tubize Chatel (B).. Tung Sol Lamp (1) Ungerieider F Corp. Unit Carr Fastener. # Utd Corp (war).. U 8 Foll (B) (1) U 8 & Int Secur. U S & Int Sec 18t (5) U S Linespf (1).... 5 Utd Verde Ext (2). Utah Apex (50¢).... Util Pow & Lt (al). Vacuum (14%). & Wenden Copper West Air Exp (60c).. Zonite Products ¢1). RIGHTS. Expire. Peop GL&C...Jan 16 nd. ck. K End 8 244 o - 0000 1 3 300 4 O ek e O GO 01 D i B0 OO TR B8 " OB PO T 1D OV N 1 Dividend rates in dollars based on last qui *) . fPartly e n Plus 6% in stocl 10% in atock. Bales— Add 00. Open. High. Low. Close. 38 32 32 1% 5% 1% 1w 1% 1% 16% 23 20 % [ % 1% 11 64 21% 6% “ 19 10 10% ustment Plus 1% in stock lus 3% in. stock 82 1 SATURDA NO MBER 29, 1930 WATERWAYS PLANS 10 BE COMPLETED Final Link in Lakes-to-Gulf Project Is Now Assured. BY OWEN L. SCOTT. Special Digpatch to The Star. CHICAGO, November 20.—Midwest- | iV ern industrialists and farmers hope now to hear Mississippi River steam barge whistles in Chicago by the Spring of 1933. Earlier they had hoped that the Lakes-tosthe-Gulf waterway would be completed by 1931, but the delay has held up construction of the final 25- mile link. Now the War Department has given assurance that the Federal Government will provide $7,500,000 for completion of a dream on which about % $500,000,000 already has been expended. After those funds are available, the | inal work, expected to require about 10% arterly or semi-annual us 4% in € Adj sLock. divi- BROKER LOAN TOTAL AT NEW LOW RECORD 9 +: | Further Drop of $63,000,000 Is Reported for Week Ended November 26. * Special Dispatch to The Star. NEW YORK, November, 29.—Loans dealers by reporting Federal Reserve member banks in this city decreased | $63,000,000 for the week ended Novem- ber 26 to a total of $2,122,000,000. This is a new low record for the present series of figures which have been pub- | lished since 1926 ‘The total of $2,122,000,000 likewise is a new low record for the old series back to April, 1925 when the lowest | mark was $2,071,000,000. | | The decrease was somewhat of a surprise in view of the market advance that had taken place early in the weck. The present total compares with $2,185,- 000,000 a week previous and $3,450,000,- 000 a year ago. This is the ninth suc- | cessive week in which brokers’ STOCK AND BOND By the Asseciated Press. SATURDAY, NOVEMBER 29. STOCKS. Industrials, Month ago Year ago. Two years ago..... Three years ago, weekiy aver. High, 1930. - Joans | AVERAGES ash, Wes Tex 0% o S li>eeNe 0% w» S>>0 e r 50 s '29888222: Semsse Ty 49 1 & Pow 55 '60 1021 Ut A 5791 2228288 SN N T FOREIGN BONDS, Bank 75 48 70 g 18 Pr 7} & Wi B 4010 80 9! 25555 have d-clined, the shrinkage since Sep- | tember 24 approximating $1,100,000,000. | Loans for own account amounted to | $1,288,000,000, against $1,292,000,000 in | the previous week, while loans for ac- | count of out-of-town banks were $380,- | 000,000 and for the account of others | $455,000,000, against $439,000,000 and | $455,000,000, respectively, in the pre- c‘dln{ week. d made up $1,563,000,000 and time loans $560,000,- 000, inst $1,602,000,000 and $583,- 000,000, respectively, in the previous week. s NEW YORK COTTON NEW YORK, November 29 (Special). —After a loss of about 10 points dur- S | 8% 8% | 8 to the lowest levels since the middle of October, the cotton market steadied on week end covering and a rally left the list 1 to 4 points higher than Friday. Below 11 cents for the May delivery, mill prices increased and professional BT operations were inclined to.take in con- 97% | tracts following the loss of half a cent. lg‘lw‘ Best figures of the day were reached in 68 ' |final trading. Spots were unchanged 974 |at_10.55. F:3 Weakness in Liverpool following the recent drastic decline in the price of Alexandria threw While the near positions abroad showed more resistange than later months,. deliveries from May onward weakened under hedging pressure from various directions. In addition to selling from this side, cable advices showed pressure from the continent, as pronounced improvement in foreign textile conditions has failed 10234 10105 91 ing early trading, which brought prices |} 38 | to develop. Ll (Copyright. 1930. Stamdard Statistics Co.) demand for early deliveries of makes. Despite the quiet tone, D‘:‘l:::fltz have been well maintained the past week. Week end figures show spinners’ | takings ran ahead of the eorrugendl.nx week ln:): ye:‘r for the first time this season, though exports were less than last year. i Cotton range: December, old.. December, new Jan old... January, new. arch CAPITAL MAN BETTER ‘The condition of George Mercer, 27 years old, of Elm street northwest, who mund lying at the side of the gton-Richmond High: Ashland, Va., Thursday lnla'mvl.ln.gy ll:“:; unconscious condition, was said by m::dh?t“:}?l:t physicians to be » according to an Associated dispatch. . Press Some mystery still surrounds the ac- cident which caused Mercer's injuries, but State police are of the opinicn that his car hit the wall of a bridge of the highway and overturned, #hrowing him to the side of the road. He was taken to the Richmond Hospital by | State Policeman Maynard, | Over-the-counter market: mm.v‘e‘l near! & European INVESTMENT TRUSTS | NEW YORK, November 29 (#)— er Composite Tr Shrs sy ALSSY 0 A q e s 1/70th cifl Atl Bec pf.. Bankers' Nat Tnv. Bansicilla Corp Basic Industry Shi ritish Type avest. . Chelsea Exchange A Diversified Trustee Shrs A. iversified Trustce Shrs B. Diversified Tiustee Sh Cor Investment Trust o Leaders of Industr Nation Wide Secur. Power & Rail Trusive Becond Int_Secur Co 6 Shawmut_Bank ...... Spencer Trask Fund Inc Stand Amer Trust Shrs.. Stand Collat Trasteed Sh Shis T H United N Y Bk & Tri U 8 & British Int Co. U B Elec & Pr Shares United Oi] Trust Shrs U 8 Elec Lt & Pr Sha: Universal Tr 8h. Firemen's Dance Tonight, The Volunteer Fire Department of Tuxedo, Md., s giving & dance {dr the ‘enefit of the company at the Blue Bird K two years, can get under way. This would mean a 9-foot channel from the Gulf of Mexico to Chicago. Its chief transportation possibilities—dreamed of by shippers for more than & century— would be expedted to attract capital for the establishment of privately operated barge lines to supplement the present ‘Government-sponsored service. 30,000 to Get Jobs. Likewise, it was brought out at the meeting of the Mississippi Valley As- sociation, just completed, that flood- ! control work and waterway construc- tion on the Mississippi could provide 30,000 jobs Maj. Gen. Lytle Brown, chief of En- gineers, in charge of waterway develop- ment, advised that the Government planned to drive the Ilinois waterway to completion as rapidly as possible, to prosecute with vigor the improvement of the Missouri River from its mouth to Sioux City, to execute flood control on the Lower Mississippi and to push the Ohio River improvement out from :hlet ‘main river as rapidly as means per- mit. The railroads are looking on these developments with concern and the Western Association of Rail Execu- tives, in a brief just presented to the Interstate Commerce Commission, says: “There has been a further develo] ment of inland waterways and the oper- ation of Government barge lines, which has resulted in a serious diversion of an increasingly large volume of freight traffic from the steam railroads to the waterways. ‘Waterway Competition. “This waterway competition, like the use of the public highways by the au- | tomobile bus and truck in transporta- tion service competitive with the rail- roads, is being carried on in part at the expense of the Federal and State gov- ernments so that a substantial portion of the cost is in effect being borne by the general public as contrasted with shippers and receivers of freight.” The roads point out that already the Federally sponsored Inland Waterways Corporation showed business on the Mississippl last year of 1,398,826 tons, “In addition,” they observed, “there has been a growth of independent oper- ators of fleets on the inland waterways v\aose tonnage figures are not avail- ables The Middle West has clamored for years to obtain a water outlet to the sea in order to enable it to compete with the East and West coasts, now favored with the Panama Canal. (Copyright, 1930.) - GRAIN MARKET CHICAGO, November 29 (Special).— The wheat market had an easier tone today under scattered selling based on the decline on Liverpool. December, old, opened 74'; to 7455: March, old and new, 77'z; May, old, 79'4 to 79%; new, 80 to 79%. After the first half hour, December, old, 74% ; March, old, T7%; new, 77%; May, old, 79%; new, 9 Corn_was firm on buying caused by 4 | the unfavorable weather for the move- ment. December, old, opened 74 to 737; new, 74, ; March, old, 76 ew, 7713; May, cld, 7833 to 783; new, 783, to 79. After the first half hour, De- cember, old, 737¢; new, 74Y,; March, old, 76Y; new, 76%; May, old, 78%; new, 78%. Oats were little changed. December, old, opened 33% to 33%; May, old, 36% to 36%; new, 367%. After the first half hour, December, old, 33%; May, old, 365; new, 363. Provisions were firm with corn. CHICAGO STOCK MARKET By the Associated Press. CHICAGO, November 29.—Following is the complete official list of transac- tions in stock on the Chicago Stock Exchange today: 50 Assoc T & T 550 Assoc ‘Tel Util. n" Auto 580 Bo: e 450 Butler Bros 90 Cent Il Pub’ Ser pf. 50 Cent Il Sec. . 2 4200 Chicago ~Corp 1050 Chicago Corp b 100 Chicago_Invest 2000 Cities Service . 700 Consumers 4750 Cont Chicago. 1000 Cont Chic pI. 900 Cord Corp. 550 Corp Sec, 200 Duauesne’ 200 Elec Household 256 Gen Th 1600 Gleaner 250 700 Grigsby-Grunow . Al 50 Houdaille Hershey B. 50 Tllinois Brick o 8 550 Iniand Ut 6500 Insull McGraw Electric Merch & Mfrs A, o a - Musk Mot Spec A" 230 Nachmann Spring 200 Nat {zlee Pow A 100 Nat Rep Inv 50 Nat Secur Inv eur Inv ctf Shareholders andard et Bk 0., 89 $6,000. e TREASURY CERTIFICATES. (Reported by J. & W. Seligman & Co. te—Maturity ] s Dec. ‘)ll' 6000 Insull Util 6s Band sales toda: NCIAL GOVERNMENT CORNER IN WHEAT MARKET SEEN BY PIT TRADERS BY JOHN P. BOUGHAN, Associated Press Market Editor. CHICAGO, November 29.—Hopes of traders friendly to higher prices for grain are centering largely just now on a rapid falling off apparent in domestic receipts of wheat. Leaders in the Chi- cago wheat trade report that wheat primary arrivals throughout the coun- try as a whole have dropped to the ing in impressive fashion to big farm feeding of wheat to live stock. According to some pit authorities, the resulting situation is such as to e to e Government-sponsored Grain Stablilization Corporation an ab- solute corner in the December delivery of wheat in Chicago, a corner, how=- ever, from which no untoward devel- opments are expected. The virtual ending of the heavy movement of wheat from domestic rural sources applies both to Spring and Winter wheat. Meanwhile, current estimates are that there is only 200, 000,000 bushels of wheat in the world over and above actual requirements and the necessary carryover at the end of the season. It is also pointed out that the prevailing prices are around the lowest in 26 _years and that the out- come of the new American and Euro- ‘, l crops will be of ce within & rela- e. hand, considerable of & strain on world markets is being pre- dicted in_some quarters as soon as Southern Hemisphere wheat now being harvested to compete actively with Canada for an export outlet on & Lig scale. However, reduced acreage for the 1931 wheat crop in the 1pal exporting countries now seems to assured, even Russia having apparently fallen short of its elaborate seeding schedule, although the menace of a huge outpouring of grain from that country in the Spring is still overhang- ing the market. A further interesting factor is that weather conditions in the American wheat belt of late have been remarkably favorable, but in Europe have been just the reverse. Curtailed receipts of corn as well as of wheat appear to indicate that the feed situation on farms will tighten up from now on. The corn-live stock price ratio is still an incentive to feeders. Oats prices are firm owing to scanti- Ee:s of stocks of oats at terminal mar- ets. Upholding the provision market is the knowledge that warchouse supplies of lard aré at a minimum. pean Winter wheat Tl;e Secret of MARGARET YORKE By Kathleen Norris o 195 b Nk Amerin Mo Al e THE $§TORY THUS PAR. ‘Margaret Yorke, an attractive young woman from New York, is companion 1o Mrs. Cutting in Californin. and governess to Mrs. Cutting’'s small adopted son Jim. Mrs. Cutting knows nothing of Mars garet's antecedents. Margaret takes & dislike to Mrs. Cutting's nephew. Stan- fev Crittenden, because of his apparently idle habits, Stanley is curious about Margaret. At a bridge game he is much attracted to Margaret. but she is coldly smallest volume in a long while, point- once Stanley's flancee, is coming back It e. At the mention of 's name, Margaret turns o their ranch, at driving with she has heard Stanley takes calmly. Margaret, at the farm. finds $hat her dislike of Stanley is being _overcome. Margaret establishes herself as a favorite with the week t Uplands. Stanley returns alone s_have de- news INSTALLMENT VI HE Ferguson house, rented for the Summer through its owner's cupidity, and to the neighbor- hood’s deep resentment, to Shir- ley Wilson Theobald, was planted in the very heart of old and conserva- tive Burlingame. Soclety had decided, with an instant firmness that needed almost no words, that Shirley was not to be forgiven. Matrons of Mrs. Cutting’s type would not even discuss her, Shirley must be ostracized; ostracized all the more definitely because she had shown so callous an indifference to the possible censure of her own old friends. | Margaret, watching the Ferguson house being put into order for the new tenant, wondered—wondered—wondered what sort of a woman this Shirley could be. But Mrs. Theobald kept closely to the house for many days, seeing no- body but her sisters and a few intimate and loyal old friends, and there ap- peared to be no immediate question of just how she should be treated at teas or at the club, for the :Kellem. reason that she appeared at neither. Mngarefpwu deeply amused to note the effect of this line of conduct upon the other women. Curiosity about Shirley deepened steadily, and when it was known that the very important Elise de Vilbliss was going to see her almost every day, there was a sensation in Burlingame unequaled even by t.h‘e original announcement of Shirley's coming. i e “Shirley used to walk up pllcse Atnfply because it's the loneliest road anywhere about here and she didn't want to meet any one,” explained Elise, “and she used to cut across the shrubberies—she thought I was in Europe. I walked right into her one day, and I was so glad to see her— she's just the same dear old thing! She's simply crushed. She says she put up with enough from Cuyler Theo- bald to get a hundred divorces. Only, she said, ‘Elise, I'm the one woman in the worid that won't be forgiven for ing a fallure!’” m‘.‘:ng there,” sald one of the women who listened, later, to Margaret, “there you have Shirley! She wouldn't waste time on the rest of us—not she. Bh? goes straight for Elise, and Elise will be having her up for one of the bar- becue suppers—youw'll see!—before the ummer’s over.” & One day Margaret and Mrs. Cutting were at the magnificent Randolph place, where the strawberry fete was in prog- b who had been Fan Ran- Mrs. Jessop, dolph and who was now a stout, plain, hirsute, intelligent and self-sat- ri:fleérwamln of 50, had offered the lace for the fete, and this was felt y her enthusiastic friends to be al- most enough in itself to insure a finan- cial success. From that moment everything. needless to say, had been mismanaged consistently and expen- sively. The newspapers had been an- tagonized, the villagers had been a fronted, the tickets had not been print- ed correctly or in time, the program had suffered many and violent changes. The stately old grounds were half- heartedly draped with wilted bunting and with Chinese paper lanterns that had run in the morning fog from blaz- ing Oriental scarlet to mild and streaky pink; ineffectual barriers had been placed here and there, and exploring "groups swarmed over them and surprised a resentful cook grinding ice cream for the family dinner in the kitchen yard. By 6 oclock accidents of all sorts and a general sense of having brought forth from a mountain of labor a mouse of result were making the middle-aged matrons somewhat acid, disheveled and disheartened. Mrs. Jessop and a group of her as- sociates sat upon the demoralized side porch, exhausted and disgusted.. Margaret was serving-the tired wom- en with tea and sandwiches when Elise de Vilbiss, stout, magnificently dressed, nd with her Pekln‘es& und;rs}'::; ;;rrn, arrived at the fete. s, Jet ind selr arose, with a glance at the deserted booths. At least they could show dear Elise the decorations and perhaps she would buy the dreadfully uninteresting ‘:.0030 Jngeed tablet that Carter Emory had donated. ‘With Elise was a pretty, fluffy-head- ed woman, slender and smart in white. She looked delightfully fresh in this group of jaded and rumpled women. Margaret noted the exquisite clear com- plexion, with peach color on the babyish cheeks, and the golden tints in the thick, soft hair. The strariger had the manner of a person always the center of her own world, “It's Shirley Wilson—it's Mrs. Theo- bald,” Lily murmured, in answer to Margaret's questioning glance. Mar- garet felt her heart give a great plungs her mouth filled with salt water, she felt weak. Fortunately nobody noticed her, for the arrival of the much-de- bated Shirley had thrown a}l the wom- en present into an intense self-con- sciousness, and every one, in her sep- arate way, was attempting to deal with the situation. One or two, to their later complacent self-congratulation, immediately sped the bull by the horns, and briefly and swiftly departed. But Mrs. Jessop and Mrs. Pullen and Mrs. Wylie were al- ready actually out of pocket through the strawberry fete and they saw in Elise a power too great to be disre- rded. El to | | {of him?” So these matrons ted the in- truder with a barely civil ‘How do you Eni Shirley?” and then surrounded Tis Margaret, shaking, walked down the wooden steps to the path; her back toward Shirley. Jim, brought by the faithful Nora, rushed upon her. She heard Shirley, who was apparently en- tirely unconscious of any awkwardness, address Beatrice Jessop, an awkward, big girl of 15, who came innocently up with some message for Mrs. Pullen. “You're not the Jessop baby?” said Mrs. Theobald, waylaying the child with a carelessly friendly air. “Good gracious, you were running about with a Teddy bear five minutes ago!” Beatrice, who had long before this time discussed the Theobalds fully with her intimates and knew more than even Zxé-l\;‘:nother did of the case, turned brick Her motker, who was confident that Bee didn't have the faintest idea of society's reason for snubbing Shirley Wilson, still didn't want the child to ive Shirley an opening, and so sald, her nursery tone: “Here to Mother, dear. Thank you, my darling. Run along, Bee, we shan't need you!” Beatrice, breathing deeply and con- fident in her boiling heart that she had somehow disgraced herself and every- body else, escaped and joined Mrs. Cutting’s Miss Yorke, who was walk. ing with the little Cutting boy along & deserted path. And with them, she was surprised and a little pleased to discover, was suddenly Mrs. Theobald herself, the romantic and bad and beautiful Mrs. ‘Theobald. Miss Yorke looked oddly pale and unnatural today, looked actually sick. But little Jim Cutting was, as always, adorable. “Introduce us, won't you, Bee?” sald Mrs. Theobald pleasantly. don't think we were introduced?” she sald to Margaret. ‘“You left the porch just as 1 was to ask Lily Priest to present me.” ‘m—my name is Yorke," Margaret said, turning her blue eyes honestly toward Shirley. “I'm Mrs. Cutting’s companion—I help her with the little “Oh, I knew who you were; I've seen ou in the lane with the child!” Shir- ey responded easily. . “But I've seen you somewhere before?” she ended in- terrogatively. “I—I don't think Margaret stammered thickly. Bee Jessop looked at_her in surprise; she was usually surprisingly nice to Bee and Bee's group, who regarded all persons em- ployed in Margaret's capacity as in- clined to be old and dull. “You've been in New York?” asked Shirley. “As a child, mitted. ell, Margaret ad- yes,” you look like somebody- Shirley mused. But immediately she noticed the child. “So they did adopt one at last, did they?” she asked in- differently. r “More than three years ago,” Mar- garet told her. “You know Mrs. Cutting is Mr. Theo- bald’s aunt,” Shirley said enlighteningly. “Second cousin, really, I believe it is. But he always called her ‘Aunt Hattie," she went on conversationally. met him first at her house, as a matter of fact—d'you mind my talking? I always talk! I remember him perfectly, al- though I was & kid, like your adorable friend here. He had polo ponies, and he played golf and he had a valet—of course, we all thought he was the last word in magnificence!” Margaret found nothing to say to this, but as they walked on Shirley chattered unabashed. Beatrice was thrilling to the music of the simple phrase “adorable friend,” said in the wicked Mrs. Theobald's' wonderful voice. Mama, as it chanced, called Bee now, and she had to leave the fascinating company beside her and go back to the house. ~ Mrs. Theobald and Margaret Yorke walked on together. ““Tell me,” Shirley began, with bright deliberation, “does Stan Crittenden live with his aunt, now? Do you see much she added, as Margaret answered only by a nod. “Whenever he is at home,” Margaret responded. “Isn't he charming?” asked Shirley. Margaret, consclous that she could not answer this question as indifferently as she might have done a month ago, and feeling the blood in her face, said 2 nothing in words. “He's_the dearest fellow that ever lived. I haven’t seen him to speak to since I came home,” Shirley ‘'went on, after a keen glance. ‘“You know I've always been especially fond of him, eincedl was a hbykh nndw lv‘v’e ;‘vere eni gaged, years ago,” she argare “Did they tell you that?” ‘'Oh, yes!” Margaret said. “I suppose they've all been doing an awful lot of talking about me,” !h?rley mused. “They would, of course. Hat- tie Cutting hates me like cold poison in a cup, I know that.” She paused, half- expectant, but as Margaret did not deny this, presently the other woman went on scornfully: “Well, I wish they knew something about me, before they set- tle everything! Mr. Theobald is & man with many fine qualities,” she said. Margaret knew well this generous atti- de, so popular with the divorced. ‘But I couldn’t—T'll tell you some day, and you'll realize that I simply couldn’t go on,” she went on, with her cherac- teristic frankness. “Just now I'm in wrong everywhere,” Shirley resumed. “No matter, it will pass. Only I can't get over old Hattie Cutting putting her nose in the air. I hate them all, any- way,” she finished illogically. By this time they made the round of the dens and lawns and had come back to the steps again. Elise de Vilbiss was duly writing a check, A—13 [LIVE STOCK PRICES IN SHARP ASCENT |Cattle Market Shows Sure prising Vigor, Equaling Season’s High Mark. BY FRANK 1. WELLER, Associated Press Parm Editor, The runaway cattle market and the sharp price advances made by hogs and sheep during Thanksgiving week, ‘when animal values usually sag in favor of poultry, has given the live stock ine dustry one of its biggest surprises m years. The top on cattle is right back at the season’s high time, scored a month or so ago.. Hogs topped at $8.60, as compared with $8.15 a week ago—the lowest top since 1924—and the general run averaged 10 to 20 cents above last week's prices. Compared with last week, fat lambs and yearlings advanced 75 cents to $1, and feeders were strong to 25 cents higher. » vanced 50 York, $2 for veal, $1 for calf, $3 for lamb, $1 for mutton and $3 to AR $3 to $6 for Probably the most significant in the wild and unexpected mrh:h:"u the advance of-1 to $1.50 on heavy steers, although there was almost as much speed in the yearling and light steer trade. These heavies have been indulging in extremes for months, re- calflu ;lowlngl down nl:m‘a’ut wd & stand- s when prices receded ane ul back the moment suppl: flm’od‘m.{ offered the slightest uptarn, Originally they were taken to the feed lots for the July and August markets. Low prices at that time caused of them to be held back. The longer were held the more feed ate the heavier they became. prices still failed to In':‘pme in September, ted. Big weights scaling 1,500 mnu upwtrd"wm ale most totally absent this week. If this = gyt icated, & mo; situation may be expecudl.‘ B Immediate Trend. Much depends, however, on the im- mediate trend of values. This is still the ‘“clean-up” season when farmers market everything they don’t want to feed through the Winter, and if prices are not satisfactory farmers may keep on feeding steers that are now ready for market and continue indefinitely the T all, it must nof over! that the demand, but this outside demlnflpnnmly kosher, became urgent during the week under review, l‘x"n:erkculn‘nwtomuntmhn ‘The urgency of this shipper demand confirms recent estimates that beef coolers and hang rails may not be so overcrowded with beef, as the demand for beef was small and that the moment demand strengthens there will be & rush for live cattle of all weights and de- scriptions. side of the market still is in & tech- nically weak position. Normally cattle prices start to pick up after November, reach December and fall off slightl: ruary when marketing of Summer fed stock becomes ‘The probable scareity of year, due to drought and pression, may delay the somewhat. EHE 1 g g i i H H gffi ing lhlme’l demand have further im- proved advantage ed last week. There was a drop of almost 200,000 this week at 11 principal markets, '!'helowume!m-hmhuseflndho— tween Thanksgiving and Christmas. There are many exceptions, however. Last year was one of them. The low point then was reached during the see- ond and third weeks of November. ‘The surprising feature of the fat lamb trade is its inherent strength. 8 pers as well and local killers Baltimore Markets Special Dispatch to The Star. beets, 100, 3.00a4.00; cabbage, ton, 14.! a20.00; carrots, 100, 2.00a4.00; caulifiow- er, crate, 1.50a2.25; celery, crate, 1.50& 2.50; eggplant, crate, 1.25a2.25; kale, bushel, 40a60; lettuce, crate, 1.75a2.00; peppers, crate, 1.00a2.50 bush. 00; grapefruit, box, 2.00a3.50; bushel, oranges, box, 2.00a4.00; 1.25a2.50, - apples, .50a3. Dairy Market. Poultry, alive—Turkeys, pound, 28a 32; old, 18a25; chickens, springers, 23 a25; leghorns, 17a20; barebacks, 14a18; old hens, 16a24; Leghorns, 13316; réost- ers, 12a15; ducks, 13a20; geese, 14420; :uu::n fowls, each, 30a60; pigeons, pair, 20a25. -Recel] 551 cases; ; henne vhu‘,flnu,z thern, nr-d-."auu; current re- to ‘tancy cream ladles, 25a37; Nflt? ; store packed, 15818. — i L Gas Sales Increase. NEW YORK, November ‘30 (#).— United Gas Improvement System sales ior the nine months ended September 30 showed a gain of 6.9 per cent over the like period last year. Electric sales increased 3.2 per cent. — oS FOREIGN EXCHANGE. (Quotations furnished by W, N omibal veid Salling checis val today. with somebody's lwn’tl:l: pen; almost | Bo! all the other women gune, the De Vilbiss car was obviously waiting, and | M Stanley Orittenden’s car had just swept | J1e about the drive. He had come to bring | pr, his aunt home from the Y. Margaret saw the meeting. Shirley went up to him gracefully, with an out- stretched hand, and big and rumpled in ith & decper ge, Stan teok