Evening Star Newspaper, September 27, 1931, Page 57

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

CRBISUESNOYE ROV BAGE W of Trading Smaller abd Losses Are Not Important. 5 BY JOHN L. COOLEY. Assocfated Press Financial Writer. NEW YORK, September 26.—The curb market closed with mostly narrow | changes today after moving marrowly | through the quletest session of the week. | FINANCIAL. New Director BANK OF COMMERCE ELECTS MEMBER. - Activity was sharply reduced through- | { out the Mst and although numerous ! prominent shares finished lower, losses | were of an unimportant nature, reflect- | ing a lerate amount of profit-taking. The utility group provided most of | the turnover. Electric Bond & Share led a first-hour rally, edging above 22, and then fell back just under the pre- vious close. Its net loss was %. American Light & Traction firmed nearly a point. Net variations in most other leaders ‘were in minor fractions. Gulf Oil encountered a little belated selling in the late trading, ylelding nearly 2 points. Cities Service and Standard of Indiana made nominal changes. Singer Manufacturing, which has been | _ declining steadily in the last fortnight or so, gave up several points, making & new minimum below 150. Insurance Com| of Ncrth America was off a couple of points. Woolworth, Ltd., eased. Specialties were generally very dull. BALTIMORE AVIATION PLANT CHANGES HANDS Speclal Dispatch to The Star. BALTIMORE, Md., September 26.— The General Aviation Manufacturing Corp., controlled by the General Motors ., has taken over the $1,000,000 air- craft plant of the Curtiss-Caproni Corp., and is centering in Baltimore all its airplane manufacturing activities. The three plants which are being transferred to Baltimore are located in Passaic and flnhruul:k Heights, N. J,, and Wheeling, %T d?r{: the General Afilinu‘:no olding company, will al m‘mfzrud from New York City to Baltimore. The new plant, employing . approxi- mately 1,000 workers, will be in opera- tion by the end of November. . NEW YORK BANK STOCKS NEW .YORK, Sepumber 26 P).— Over-the-counter market. PENNSY GIVES ORDER. Tima Locomotive Works. has received an order for 30 electric locomotives for the Pennsylvania .Railroad. e en- | THOMAS N. BEAVERS, Vice president and treasurer of Peoples Drug Stores, Inc., just added to the board of the Bank of Commerce & Savings. He has been active in the af- fairs of the drug chain for several | years. —Harris-Ewing Photo. SECURITY MARKETS WAVER AS BRITAIN DROPS GOLD BASIS (Continued From First Page.) scale is union labor. One of the out- standing developments of the week has | been the beginning of an adjustment in this direction intended to clear up many artificial barriers to the return of Industrial activity. ‘The Department .of Labor, which persistently protests against any cut in union® wages, has just reported a de- crease of 11.7 per cent in the cost of living since 1929. More significant, however, than the general average change is the drop in this period of 235 per cent in foodstuffs and nearly 14 per cent in this item in the six- month period ending June 30. Rents, clothing and fuel are down from 3 to living” this is important to the millions of the so-called “white collar” class, whose average cut in the unit of pay and in the number of days work per week or per month exceeds the 10 per cent to be put into effect by some of the big | industrial organizations. Foundations for Progress. ificance: of Premier Laval's vmt to United States next month is outwardly political, but inwardly eco~ nomic, just as is that of Gandhi te Lon- don. It is one more of those astonish- ing departures from precedent and eti- quette which makes the statesman of 1931 so much more representative of his people than the men who brought about the Great War and whose in- s:;fice on European politics is still e. The credit crises in Germany and in Great Britain, with all of their dis- tressing consequences, are just as surely bound to bring about a better under- standing between Prance and France and Great Britain, Italy and France, France and the United States, as day is to follow night. And out of all of the material conditions that are mwuamu-:m Wwith | toda wheels 62 inches in diameter, hy lul Is Increased. NEW - Yom, September 26 - (#).— General Foods Corporation announced wflmmnlflymmtwlfw s sales RCIiets (froghodt the country. peace that could not have been arrived at in a decade of n_gothuem during erous times. will be the foundation on which the next forward movement in industry will be erected. (Copyright, 1931.) GENERAL BUSINESS ACTIVITY for the country indicated by Bank Debits outside New weeks York Oity. Shaded sreas show es activity above the corresponding weeks of the from same weeks 12 months earlier. ACTIVITY BY FEDERAL RESERVE DISTRICTS. Cheek Transactions compared with the same week s year ago. | New York | Philadelphia | Cleveland Ric SR o cmond Siaew | —siey —10.3% | 0 . Louis’ lis ’ —20.3% — 1 i L Kansss Gity | XY S 3] LEADING BAROMETERS. Showing Trend of important factors, Present trend, Upward Downward Downward ‘Wholesale prices 's Index) Agricultural prices (De’lflml o( Agriculture) Movement of goods (car loadings) . Retail trade (Federal Reserve Board) Bullding ?"'"27" (F. W. Dodge) STOCK AND BOND AVERAGES By the Associated Press. SATURDAY, SEPTEMBER 26. S’I'OCKS- !Mull.rhlt. D k] FHH § H i 2832233 Shannsaim THE. . SUN FOR WEEK INII‘NG SEPTEMBER 26, 1931. Low. Stock and dividend. 6 Acme Wire.... 6% Aero Underwrl 11% Affliated Prod ( 4 Agfa Ansco. 7 Ainsworth High, 6 7 19% 4 % Allegheny Gas Corp. . 16 Allied Int Invev pE(2). . 4% Allied Mills Inc.. 0., 12% Allied Prod cv (A). Aluminum Cp of Am Alum Co Am'pf (6). Aluminum, Lia (B) war. Aluminum, Ltd ({°) war. Aluminum,Ltd (D) war.. Am Arch Co (3) v % ‘Amer Austin Ca 604 Am Capital r of G 20 Am City P&LE (A) (ad). 2% Am Cit Po&Lt B(b10%). 6 AmCmwith PA(bI0%). 9 AmCom PrB (b10%)... 48 Am Com Prist pf (6%) 2 Am Corpn (f30¢). & Am Corp warrants 7 Am Cyanamid (A). 3% Am Cyanamid (B) 1 Am Dept Stores......,. 8 Am Dept Stores ilAY .. 108% ‘Am Dis Tel. NJ cvpt (1) 2% Am Equiti 6% Am ForPwr 1% Am Founder: 39% Am Gas & Elec 131). 102 AmGas& Elpf (6). 25 Am Hardware (4). . 2% 'Am Investment Inc (B). 1 Am Inv, Inc, war... . 21 Am Launary Mach (2). 28% Am Lt & Trac (2%). 26 AmLt& Tracpf (1% 40% Am Mfg Copf (5). % Am Maracaibo 85 Am Meter (3). 1 Am Natural Gas 5% Am Superpower ( 74 Am Superpwr 1st D'kfl 8% Am Transformer. % Am Utl&Gen (B)V 1 Am Yvette Co (25¢) 1% Anchor rost Fence % Anglo-Chilean Nit 8 Animal Trap Co of % Appalachian Gas 2% Arcturus Radio Tub. G G 3% Ark N Gem pf 100 Arkansas Pwr&Lt pf(7) 15% Armstrong Cork (1).. 3 Art Metal Works (60c) 2% Assoc Elec Ind (30c) 6% Asso G&EIL A(b2-25) 45 Asso Gas & Elec ctfs(3). 1% Ass0G & E deb rts. % Assoc G & El war. 1 Asso Gas&El pur rts. 3% Asso Laundries vte. 18 Asso Tel Utll (b8%) 3 " Atlantic Coast Fishes 3 Atlantic Sec Corp... 30 Atl Secur cum pf ww(3). 8 Atlas Plywood. ... i Auto Vot Machine:. Auto V M cv pr pt(50c).. Aviation Sec,New Eng. . Axton Fish Tob A(3.20).. Babcock & Wil (7) Baumann (L) pf (7' Bellanca Air v.t.c. Beneficial IL (1%). Bickford In~pf (2%). Bigelow-Sanford Carpe! Bliss Co(EW) (b8%). Blue Ridge Corp. Blue Ridge cv pf Blumenthal (8). Bohack (HC) (4 Borne-Serymser Ci Bourjois Ine (25¢) Bower Roll Bear ( Brillo Mg A (2) Brit-A To reg(1.1 Brit A T cou B 1.17 4-5 40 - Buckeye Pipe Line (4) Buffalo, N&EP pf( Buff Niag&EP 1st Bulova W ev of (334). Bunker Hill & Sullivan.. Burco, Ine. Burco, Inc, conv pf. Burma,Ltd rots 121 3-5¢. Butler Bros. .. Bwana M Kubw Cep Cable Radio Tub vie. Cabl & W Ltd. A rots. Cabl & W Ltd. B rets. Canadian Marconi Carman & Co (B). Carnation Co (j1% Carrier Corporation Cent Hud Gas&El Cent Maine P pf (7 Cent Pub Sve. Del. Cent Pub Sve(A) ( Cent & Sown Ut (b7%) Cent States Ei (b10%) Charis Corp (43) Chesebrough M Childs Co. pf. (7). Cities Service(g30 33 Cl lllu Clev Elec Illum p£(6). 3 Cleveland Tractor. 5% Cohn&Rosenberger] n % Colombia Syndicat: % Colon Ofl 2 Columbi: 8% Colum Pi 5% Colum Pic v.t.c. (f 154 Comwlth Edison (8) 7% Comwith & Sou (war) 4% Com Wat Ser (g12%¢).. 32% Comp His Am sh(p3’%).. 3% Comstock Tunnel. .. 23 Consolidated Alrcraft % Consol Auto Mer ctfi 1% Consolidated Copper. ... €7 Comsol Gas Balto(3.60).. 90% Con Gas, Balto pf A (5). 3 Consol Gas Util A(2.20). 4 Consol Gas Util B, v.t.c.. 2 Consol Retail Stores. ... 1% Consol Royal (20c). 92 Contl Gas & El pr pf(7).. 10 Cont Shares conv pf..... 3% Cooper Bessemer. 10% Cooper Bessemer pf (A) 5" Cord Corp..... 6 Corp Secur of Chi (hl%) 1% Corroon & Reynolds. . 17 Corroon & Rey pf (A). .. 1 Cosdenofl. .., % Courtaulds Lta (13 3-b¢) 1% Creole Petroleum. 6% Crocker Wheeler % Crown Cent Petm (new) . 2% Crown Cork Intl (A) & Cuban Cane pr opt Wi 2 Cuban Tob vot tr cfs 20% Cumberland P L (2) 20 Cuneo Press (2%).- 80 Cueno Press pf ww(6%). % Curtiss Wright war..... % Cus! Mex Mining 2 Darby Petroleum. 12% Davenport Hos (2) % Dayton Ajrplane & Eni 124 Deere & Co. .. 1% De Forest Radio 24 Derby Ofl & Refin. 1 Detroft Afreraft Corp. 100 Dixon (J) Crucible (8) 2% Doehler Die Casting 34 Draper Corp (4) 25 Dres (8 R) Mfg.A ul\t)- 11 Dresser Mfg (B) (2).... 9 Driver Harris (new).... 2 Dubilier C & Radio. 89% Duke Pow (5).... 1 Duquesne Gas Corp. % Durant Motors 11% Durham Duplex pr pf. % Duval Tex. Sul w.i.. 4% Eagle Picher Lead 16% G & Fuel Asso. zuv. zu.t’r.uorpf (4%) 885 Kast G & FIAs pf(6) East States Pwr (B) 1 El 185 3.'.!';”“-1; mm : Low. Close. 6 6 7 g 16% 1T% 4 4 % 111 % TR L RS LT LS £ '+ # OEE FEF - & 7 = 1 o & 1 Lid++ 1+ aon BN - ey wrs #2552 Stock and dividend. ; Elec Pow AS80 (1)..... Elec Pow Asso A (1). %1 P & L opt war.. Elec Shareholdg (b6%). Elec Shareholdg pf(a Empire Corporation. Empire Gas&F cm Dl(?l Empire Gas&F cm nf(8) Empire Power pt (2.24). Empire Pub Sve (A).... Employ Reinsur (11.80), Eureka PlpeLine(4). ... Europe Elec, Ltd A(60c) Euro Elec, Ltd deb rt Fairchild Aviation. Federal Baking Shop. . Fiat rets (943c¢). . Financial Jivest N Y.... Fire Assn Phila (1.60). Wlintkote Co (A).... Florida P & L pf(7). Foltis-Fischer Corp. Ford M Can A (1.20' Ford Mot, Can B (1.20).. Ford Mot France 37%c. . Ford Mot Ltd (36 3-5¢) .« Fox TheatersClassA. Franklin Mfg Co. Galena Oil Corp. Gen Alloys. .. General Aviation. . Gen El Ltd rets 36 3-5¢ Gen Empire Corp (1) 4 Gen Fireproof (2). Gen Gas&El v pt B (6). Gen Leather Co. ... Gen Pub Util pf (7) Gen Theat Equip cv pf. GeorgiaPowerpf(6).. ... Gilbert (A C) pf (3%).. Glen Alden Coal (4)..... Globe Underwr (15¢). ., Gold Seai Elec new: 4 Golden Center... Goldfield Cunsolidat, Goldman Sachs T C. Gorham Inc pf... Gotham KnitbacMch Graymur Corp (1). " 3% 1% 1% * 16% 17 180 180 119% 119% 9 9 Grier Stores pf. Groc Strs Prod Guardian Inv Guenther Law (1). Guif Ofl of Pa (1%). Hackmester Lind Hamilton Gas v.t. Handley Page pf (10c). % Happiness Candy... Hartford Elec Ltd (2%) . Hazeltine Corp (1)..... Hecla Mining (40¢) Helena Rubinstein. Hires (CE) Co A(2 4 Hollinger Gold (65¢ 8% Holophane Co (80c) Holt (H) & Co (1.80). Hordes, Inc. Hnrh&Hl!dlr!fl‘h Hudson Bay Min & Humble Oil (12%) . Huyler Stores of Del Huyler St, Del cu pf (7). Hydro Elec Secur(1.20). Hygrade Food Prod.... Il Pwr & Lt pf (6). Imp Of1 of Can (50c). Imp Ofl of Can reg (50c) Indiana Pipe Line (1)... Indian Ter Illu Ofl Ind Terr Illu Ofl (B Insull Inv (b6%). . Ins Co of No Am (12%). Insurance Secur (40¢).. Intercont Pete new. . Int Cigar Mach (2%) Intl Holding & Inv. . Int Hydro E1S A war. .. Intl Hydro cv pf (3%). Intl Petroleum (1). Intl Products. ... Int Safety Razor B (1). Int Superp (11.10)... Internatl Utilities (B) .. Internatl Utilities(war) InterstatéEquities...... Interstate Equ cv pf (3). % Interstate Hose Mills Interstate Power pf (7) Irving Air Chute (1). Italian Superpowr A. Ital Superpower war. Jersey Cent P&Lt pf (6) Jonas & Naumburg..... Jonas & N cum pf. Kirkland...... 4 Klein (D E) Co (1). 3u Klein (H) ptpf...... Kleinert (I B) Rubber. Knott Corporation (1)... Kolster-Br(Am shs Kobacker Store: Kress (SH) sp pf (60c) Lackawanna Nec (4). LefcourtRIty pf(3) Lehigh Coal&Nav(1.20) . Leonard 011 . Lerner Stores (2) Libby McNefll & L. Lion Oil & Refining. .... Lone Star Gas n (88¢). Long Island Lt (60c)... Long Isl Lt pf (7). .. Louisiana Lan & Ex. MacMarr Stores (1) MagdalenaSyndica Mayflower Asso (2) May Hos cum pf (4 Mead Johnson (15) Memph N G Co (60¢. Mercantjle Stores(1 Merritt Chap & Sco Mesta Machine (2) Metal Tex pt pf(3% Met Chain Stor Met Edison pf ( Mexico-Ohio Ofl. Middle Sts Pét vtc A 22 Mid Sts Pet v.t.c. B..... Mid W Sts Ut (b10% Mid West Util (b8%) “idWest Ut cv pf(6) Midland Steel Prod (2 Midiand United (b6%) Miller & Sons. ... Mo-Kan Pipe Line. Mo-Kan & Pipe Line (B) Mont Lt H & T (1%). Moody’s 18 pt pf (3)... Moore Drop Forg(A). Mtg Bk,Col Am smvsc). Morrison Elec. Moss Gold Mines. Mountain Products (1). Mount St Pow pf(7). Municipal Serviicy Nat Amer Co. National Aviaifon. Nat Bd & 8 Corp (1 Nat Candy Co (2) Nat Dafry Prod p Nat Elec Power A (1.80) Nat Elec Pwr pf (7) Nat Family Stores. 108% 103% 13 4% 75 kel Nat Fuel Gas (1). 60) Nat Pub Sv B(12.20) ., Nat Pub Sve pf (7). Nat Service Co. .. : Nat Screen Service (2).. Nat Sh Term Sec A $60c. Nat Sugar NJ (2) Natl Transit (1). Nat Union Radio. Nehi Corp (60¢). . Neisner Bros of (1) Nelson (Herman).. Newberry (JJ) (1.10) New Bradford Oil New Eng Pow pf (6). New England T & T (8). 120 New Jersey Zinc(13).... New Mex & Ariz Land. . 1% Newmont Mining......._21 Newport Industries, Inc. m' N Y Auction....... N Y & Hond Ros (1).... 1 N Y Power & Lt pfy(6).. 108% NYPwr&Ltpf (..., 113% % N Y Steam new (2.60) N Y Telpf (6%)... N Y Transit (180¢). .\'i-z H. Power (40¢) , H. Nlu Hud Pwr (B) 'l.l'.. 112% 114% 3% 3% 1 % F oLkl FELLVT+E “ Bl T++1 01 llllllllll++|[1‘ oo =+ 1100 oo FEEF po- - ERER EFEF - LEVEC LT TSl EL T T+00100+1 E FRRO Ll +1t+40 00 000EL 1 L0 e Tl Bt e T T F+00L L+ L+ IEESEEENEE - Fsaws"w s - - ¥ - 55 sEser #FrsFfes aioe os AY STAR, WASHINGTON, D. C., SEPTEMBER 27, 1931—PART SIX.' and_dividend. Nlu ~-Hud Pwr C war, .\ Niag Shares, Md (40e). . Niles-Bement-.Pond u) Nipissing. . Nitrate Corp Chile (B) .. Noma Elec Corp (40c).. Nordon Corp Ltd. .. Nor Am Aviation A Nor Pipe Line (14). North Stat Pwr A(8). Nor States Pwr pf (§) North 8 Pow pf (7). N W Engineers (1 Novadel Agene (4) Ohio Copper-.... Ohio Ofl n (cu)pf (6).... Ohio Power pf.(6) Ollstocks Ltd (A). Outboard Mot B Overseas Sec PacG& E1stpf (13).. Pac G & Epf 1.37%. Corp spec (2) Paramount Cab Mfg.... Parke Davis (11.65)u.... Parker Rust Pr (3)... Patterson Sargent (2) Peninsular Tel (1.40). Pennroad Corp (40¢). ... Penna Gas& Elec A..... Penn Mexico Fuel (75¢). Penna Pwr & Lt pf(7)... Penna Water & Pwr (3). Peoples Lt & Pwr (A)... Pepperell Mfg Co(6). Perfect Circle (1214). Perryman Electric - i Petrol Corp wa . Phila Co new($1.40).... Philip Morris Inc. . Ff FRELFGPLETF & Phoenix Secur Corp. Phoenix 8 C pt (3) Pilot Radio Tube(A).. Pitney Bowes P (b4%).. Pittsbgh & Lake E(110). Pitts Plate Glass (2).... Plymouth Oil (25¢). s Pratt & Lambert (3). Premier Gold (12¢). Prod Roalty (b10% ) Prov Gas (1.40). Prudential Inv. Prudential Inv pf( Public Sve No 11l (8).... Pub Sve of No Ill no par. Public Util Hold war. Pub Util Hold Corp xw.. REF Pyrene Mfg Co (40 % QRS-De Vry..... Quaker Oats pt 6).. Radio Products. Railroad Shares(40c) . Rallway & Lt Secur (13). Rainbow Lum ProdA.... Rainbow Lum Prod B... Rayethon Mfg.... . :Reeves (D) (1%). . Relter-Foste: . Reliable Store: . Reliance Intl (A). . Republic Gas Corp Reybarn Co. .. Reynolds Invest Rhode Isl Pub Sve nx(z) Richman Bros (3).. Roan Antelope Mines. .. R’kland Lt & P (90c). Roosevelt Field. Ine. ... Root Refining cv pr pf.. Rossia Int Corp (10c) Ruberoid Co (4).... Ryan Consolidated Safety Car Heat & Ltg.. St Antony Gold. St Regis Paper (60c). Salt Creek Consol. Schulte Un be to$1 8. Schulte 5¢ to §1 Strs Df.. Seaboard Util (28¢c). Sec Allied Corp (1). Seeman Brothers (3). Segal L & H (a50c). ). Sheafter (WA) Pen (13). Shenandoah ecesss Shenandoah Cor pf (a3). Sherwin Willms (t4%). Silica Gelet...... Singer Mfg Co (116) Smith (A O) (2).... Solar Refining. . FINANCIAL. Sou Cal FEEEFEEES ! RN} i 1+|'|_¢+|| FoPRessd Stand € and ¥ . Stock and dividend. # South Am Gold&Plat South Penn Ol (1). SoCalEdpfA (1%). So Cal Bdis ot (B) (1%) | E84 Southern Cor SouthernNat Southland Royalty ( ] #x"Fres Ed pf C(1%) Stand Oil Nebr (2 Stand Oll Ohto(2 4% il of Ohio p! Pwr & Lt (2) Pacific Lighting pf (6).. 1oow 21 3Ly TRl Y L +41 T R R SRV E s syesye *F NN and Pwr & Lt (B Stan Pow & Lt of(7) Stand Screw (4). Stand Silver & Lead. Starrett Corp... Starrett Corp pf (3). Stein(A)&Co cu pf(6%). Stein Cosmetics Inc. Stinnes (Hugo). Strodk & Co (60c) Stutz Motor Car. Stutz Motor (war). Sullivan Machinery Sun Invest pf (3) Sunray Ofl (b5%). Switt & Co new (2) Swift Internat’l (4) - Syracuse Wash Mch(B). Taggart Corporation Tampa Electric (32) Technicolor Inc. Teck Hughes (60c Tenn El Pw 1st pf( Texon Oil & Land (1) % Thatcher Sec Corp. ‘Tobacco&Allied Stks. . Tobacco Prod Exp (10¢; Todd Shipyard (4). Trans Alr Trans. % Trans Lux DLPS Tri-contin’l Corp wi Tri-Utilities. ... Tri Utilities pf Tubize Chatel, Tung Sol Lamp (1) Ungerleider Fin Corp Union Am Invest.. Un Gas of Canada(1) Union Oil Assoc (2). UnionTobacco. Unit Carr Fast (10¢) Unit Corp war. Unit Dry Dock.. Unit Founders. Utd Gas Corpn. Unit Gas Corp war. United Gas pf (7). Utd Light & Pwr A Utd L & Pwr (B) (1) Utd Light & Pwr pf (§). United Profit Sharing... U S Dairy (A) (6). Dai U S Finishing. U S Foll Co B (50c U S & Internt] Sec. U S Inter S US Playing Card (2%) Unit Stores v.t.c. Unit Verde Exten ( Universal Ins (1%) Utility Equities. Utility Equity pf Van Camp Pack. Van Camp Packing pf... Venezuela Petroleum, Vick Financial (30¢) Walgreen Co. . Walker (H) (50c). Watson (JW) Co.. Weleh Grape Juice (13) Wil-Low Cafeterias...., 24 - Wil-low Cafe pf (4)...ee :|1 ‘Wilson Jon Woodley Petrol ‘Woolworth (FW) Ltd. Woolworth (FW)Ltd pf. ‘Wright Hargra (t12%¢) 11111 )++ +1 T t*EPEFLELEN T FREERETFIFEE FFEFES [ESSARNENE N |+l+.|.lll EEF FEFTE “serses 2F - o = - T3 ] sreefees®Se wen prs Fe¥z Yukon Dividend rates ) able in L e in :"#u!:"?: 2erps” PLI+00nn 5% 3% PeopGL&C.. tock AP 3% iR Ao “Y” Ofl & Gas. Gold Co * RIGHTS—EXPIRE ° ..Jan 15 in dollars based on last quarterly ensuel pavment. *Ex-dividend. {Partly cosh or steck. b Payable stock. lus :nu %% ia Sosk B Pald 1ast year WORLD WAR BLAMED /IN BRITISH CRISIS Brookings Inmstitution Says Gold ‘Was Not Responsible in Economic Troubles. 4} how responsible Gor " Grens Britatn economic difficulties and that its aban- donment has been conceived as a means of promoting economic recovery,” says Brooklnp Institution, on Jackson place “The protracted economic difficulties %|in Great Britain are pnmlrfly attribu- 24| table to ‘the profound readjustments produced by the World War and the consequent loss of markets for British The cumulative effects flnuly 1% | clal crisis. The attending loss of con- 2% % 2% 1 % [ fidence has resulted in a transfer of de- B e e ries—a phenomenon similar to that witnessed in recent years in numerous European countries. In order to prevent a com- xmu.man of its gold reserves, % {he Bflmhmgovemme':t Was '.gl‘l,uz;flm yments, even though the % | pound Do dhoaid Tomporarly. decline 'in value. % | The six months’ suspension of the gold standard and the depreciation of %|the pound has suggested the possibil- |large % | ity of an inflationary movement similar to that when Britain and other Euro- pean countries went off the gold stand- ard during the World War. Conditions are, however, fundamentally different. ewnomy ‘has just been inaugura “While a decline in the foreign ex- value of the pound might serve ht mmul\u to British e; XpOTts, shows that such a | Seomiios ‘can pe.only, sei in % Moreover thne mld be 14 | Offsetting disadvantages from the point 14| of view of London’s position as a finan- cial center. The British action must, spell thus af- it the govern- .ment’s finances may be placed on a sound 20 PER CENT DIVIDEND. BOSTON, September 26 (Special).— dividend of 20 per cent, ptnble on in November, has the American Mutual “The recent sction of the British |hp ¢ Co. This is the Special Dispatch to The Star. BALTIMORE, Md.,, September 26— ble at 18 to 20, Leghorns bflng 17 and 18 and all poor, thin, light fowl neglected at 14 and 15. Too many old Toosters are being shipped for the de- mand which is limi at 12 to 15, good d 18 to top values, but smaller ducks are neg- lected at 13 and 14. Guinea fowl of | y | | By the Assoctated Press. ru; mmcbuwd-ynumm common to quality, 3 to 5. to 5; common to fair, 2 to 3. R\Y‘ nearby, 40a45. PSRy IRENE McLAUGHLAN TELLS COURT OF PIGS’ ABUSE Hogs Need Daily Bed Change, For- mer Dancer Testifies Against Farmer. CHICAGO, September 26.—Mrs, Ircne 5 | Castle "McLaughlin, friend of homeless old. | animals, knows a thing or two about Egg Prices. Receipts of native and nearby eggs continue ample for the demand as the trade prefers Western refrigerated stock to offerings of so-called fresh, which are showing inferior quality and more or less under the candle. Hen- nery whites in ample receipt and only sized eggs grading firsts will weet | the two hours of pigs. Trim, fn tailored blue and white, she went to court to prove her knowledge about swine yesterday when Judge John Frytalski began hearing an appeal of William Schroeder, a farmer of near ‘Wheeling, Ill, who was fined $10 in a lower court on Mrs. McLaughlin's charge that he was cruel to his pigs. She testified that the pigs she knew as a girl on a farm near New. Rochelle, N. Y, had their beds changed every whe: break the ice in thelr trough if they wanted - | to_drink. Further testimony will be heard Mon- The Lake Forest society woman, who is a scintillati North Side figure on Chicago's bri paths, cidedly bored, but not at all seemed de- , with which she was subjected. POTATO MARKET. CHICAGO, September 26 (7 (United of Agriculture) — Potlmu 173; on m 242; total United States -blhrmenu 764; about steady on sacked 90; poor, 65a75. Construction Proposals. hr:lw YORK, September 26 o m: United States, while nlnln‘ over weel:, the

Other pages from this issue: