Evening star. [volume] (Washington, D.C.) 1854-1972, October 31, 1927, Image 13

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Evening star. [volume], October 31, 1927, Page 13, Image 13
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 31 Oct. 1927. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1927-10-31/ed-1/seq-13/>

Newspaper Page Text

, PORK IS CHEAPER
IN LOCAL MARKET
Warm Weather Principal
Reason—Spareribs in
Good Demand.
Decided decrease in pork prices the
prist few days resulted from continued
warm \\ at her, according to reports of
d alers, :'.e lireak affecting small porn
or more than he heavier meats.
In addition to the warm weather, it
is stated, it is between s a sons. The
weather is not cold enough to bring
nhoiit increased demands for pork to
cook with sauerkraut and cabbage. a
dealer remarked, and not until the
weather renditions chant;3 will the de
mand art brisk.
Spareribs are in demand, however,
and cotiniiiprs appear wiling to pav
almost any price for them if they are
taken from fresh-k'. ed hops.
This morning's market was gen
erally nggy, according to reports, a
condition that usually prevails the
first market day of the week, and mosr
prices wore the same ns those quoted
Saturday.
Today's Wholesale Prices.
Butter—Fresh, 1-pound prints. 54'
tub, 51a52; store pack <l, 3t»a3i.
Eggs—Fresh selected. 47a tv hen
nery. f>r.atit- current receipts -17>.
Poultry, alive—Turin vs. 35; fowls,
small and medium. 24025: large, 25. t
26; Spring chickens. 25a20: roosters,
13; ducks, lSa2t>; keats, young, 70a7<>;
old. 35.
Dressed—Turkeys, 40a4->: Spring
chickens, 33a35; roosters, 21a25; ducks.
18a20: cations, fancy, heavy. 3Sa4O:
smaller, 35: ducks, 25; keats. SO.oOO.
Meats, fresh killed -Beef. 1 Sn2**;
veal, 25a27: lamb. 25a27; fresh ham.
23; loins. 26a 28: shoulders. 21; smoked
hams, 24a25; smoked shoulders. Psalß;
strip baron, 25; lard, 15; calves, l.>;
lambs, 13.
Fruit and Vegetable Hcvicw.
'Today's market report on fruits and
vegetables, compiled by the Market
News Service Bureau of Agricultural
Economics, says:
Apples—Supplies moderate; demand
moderate, market steady: boxes, A) ash
ington, medium to largo size, extra
fancy. Delicious, 4.00; Domes, 3 oo-
Jonathans. 2.00; fancy Winter Ba
nanas, 2.75; bushel baskets, Virginia,
unclassified, Yorks, 242 inches up. 1.2.»;
U. S. No. 1. Yorks, 2%. inches up, few
sales 2.oft; Stnymans, unclassified, and
Black Twigs, unclassified, 2 “4 inches.
1.50a1.75.
Cabbage—Supplies moderate; de
mand light, market dull: New York,
en ked, per hundred-weight, Danish
type. I.loa 1.25.
Celery—Supplies moderate; demand
good, market steady: New \ork, 2-3
crates, mostly 2.00; few high os 2.2 »:
ordinary quality and condition, low as
1.50.
Grapes—Supplies of Eastern stock
moderate; demand moderate, market
about steady; New York, 2-quart cli
max baskets Concords, best mostly
38; few lower: 12-quart climax baskets
C ..cords, 75aSO; supplies of Western
stock moderate; demand light, market
dull; California, lugs. Flame Tokays.
125; few best, 1.40; poorer, low as
1.15. t ,
Lettuce —Supplies of Eastern stock
very light; no early sales reported:
supplies of Western stock moderate;
demand moderate, market slightly s
weaker; California, crates. Iceberg)
type, 4-5 dozen, 2.65a3.00; few higher.
Onion Market Stoutly.
Onions —Supplies moderate: demand
light, market steady; New York and
Ohio, 100-pound sacks, yellows, U. S.
No. 1, medium to large size, 1.75
slightly decayed, 1.50; Michigan, 70
pound* sacks, yellows, U. S.. No. 1,
large size, 1.75a2.(M».
Pears —Supplies light; no early sales
reported.
Potatoes—Supplies liberal; demanc
light, market dull; Miehigan, 150-pound
sacks Russet Rurals, U. S.. No. 1, 3:40;
Pennsylvania, 150-pound sacks, round
whites, U. S.. No. 1, 3.15-3.25; Idaho
lio-pound sacks, rurals. 2.00-2.65.
Sweet potatoes—Supplies moderate;
demand light, market dull; North Car
olina and Eastern Shore Maryland
cloth-top barrel, yellows, 2.00P.2.50
Eastern Shore Maryland, bushed ham
pers, yellows, few sales. 1.00.
Tomatoes—Supplies light; demand
light, market steady; California, lugs
ripes, wrapped, 2.25a2.35; poorer, low
as 1.50: Ohio, 10-pound basket, hot
house stock, best, 2.00, fair quality
1.50.
Cauliflower—Supplies light; demand
moderate, market steady; New York
Long Island, crates, 2.75.
■ ■—■ • ■ ■
WOOL QUOTATIONS.
BOSTON, October 31 (Special).—
Medium fleece wools were active and
firmer at the start of the week in!
the Boston wool market, but actual
transactions in territory wools were
slacker. Mills are showing more of a
disposition to anticipate future re
quirements, in contrast to the former
policy of hand-to-mouth buying.
Strength in for- ign markets is aiding
confidence here. Fine Ohio grade
fleece was quoted today at 47a4S
grease basis, half blood and three
eighths blood at 47 and quarter
blood at 47a48. Fine territory was
quoted today at 1.12a1.15 clean basis.
French combing at 1.05a 1.08; half
blood at 1,02a 1.05, three-eighths blood
at 92a96 and quarter blood at 83a87.
EVERYMAN'S
■» INVESTMENTS
BY GKORCE T. IU'GHK«.
“Seasoned” Preferred Stocks.
In appraising the investment status
of a preferred stock there are a num
ber of matters to take into considera
tion besides tlto outlook for the in
dustry represented. That is impor
tant, of course, but it is not con
clusive.
The industry may be suffering from
depression as*l tin* trail* outlook ma\
be unfavorable and yet the preferred j
1 stock in question may be so seasoned j
and so well protected by earnings |
that it is a desirable purchase. on the;
other hand the industry may be at)
the height of prosperity and y»-t tin* j
Stock be undesirable Is'cau-e ,1 % not
seasoned. By this latter tern) is meant
the paying of dividends ov< r 1 pi - iml
of years, through good times and Lid. j
meeting the l* st of adversity.
To take a few example.**, American
Pugar Defining pref' in d i.as paid its
regular dividend without interruption
since 1891, or more than 35 \e.irs. :
That is a seasoned stock a rid that is
one reason why the price has held up
so well even when lltepo vo doubt
shout the sugar trade as a whol«.
I American Smelting Ac Defining has
* paid the dividend on tie preferred
since 1900, or more than a quarter of
s century. This is a company also
which has had its tips and down”,
with a particularly bright outlook just
now.
The Atchison has paid the dividend
on its preferred stork since 1301, or
about as long as Smelters. Atchison
preferred sells to j ield a smaller re
turn than any of the others s<> far
■L-ss is relatively more stable.
dArnitcd Stales Hl<-*-l began to pay
on its preferred stork in
/rio;, the year of organization, and has
■ kept it up without interruption ever
B since.
■ It is these records of eontinous pay
■ tnents that give confidence to bu ers
■ and explain the relatively high price
W at which thes? stocks ecu.
FIX A K CIA L ■
I NEW YORK CURB MARKET
Received by Private Wire Direct to The Stax Office
■ —— - ■ ' ■—
Following is the list of bonds and 1
stocks traded in on the New York
Curb Market today:
' s ali’<i in INDUSTRIALS.
huiidnils. High. Low. I .‘lO.
1 Xcii Sun M Ist A. 14 It It
2 Acre Mm ML H. 1I '4 II % hi,
15 Alii Pl< It’ll- vtr. 1I •% 111', |o',
21 \n< pu Ur- a if •: 1 % •; 1 % 21
I Alßson Drug go 20 go
1 Alani Co ti md.JlU't lOl'i 10P,
*5 An, K R K1 F vto S', 7 % S',
lAm 1 li.du 4.1' 1 4:1 'i 4.1' 1
I Am p S I Ig % lg ' j
S'Am fins it- EL... lot% 100 10, %
1 \m H.iw.eutii SS. LI-':, LL% IP.
0 1 • wit 1. & Trac.... J7s 1; 5 13 5 %
sAm Kavon Prod.. Bt LI Li
LI \m Kulluig .M... 7S*i PI 7s
!Am Sol A- Ch I) !• 2! % gl 1 j g| %
1 Am Saiwniow It. IIS as as
I Ail. o .Mo - Mr A ; -*i 7", . ",
« A I (In - &, 1'.!.. 4:1 H Ml ', 4a ■■ ,
g A'i Pi nt 7 0 .70 .7 0
I Alia*. PL .mod... .50 50 .50
4. It iii'-ital; Co. p., % Jm % Jl.r,
*, lie itrin* Co* our v 00 00 HO
s I'.oho Alum \M % gl “I
1 sionion Co 1:: 1 laa Ida
1 , ltd w v l> Cl I- j t>( I' • 1 ■ 10 .V, lOA
L;l> n citv P. R p, t ",
;5 B:ic\ res Erie wi. *M'., go', ”0
l't I'm ! 1 Ml ga 22% 22%
g itoi N ">; & K.. .. a t aI % aI %
1 Pcif Nik A- I>f go ' , 20 % go ' .
I Cfiai.r*': c Am n SSss .SAL
• 1 Ceiiuloi I n Id. Id 120 1" I PP
g c, ill Pit, Cor Lg', 13% Lt',
1 >'r •? FI . . g « go VO
i .5 cMA s p „ r ,f. . a; 1-j :;7 % a:',
i < ,:■ 1, - A I- url.. a.’ >, :tg ag >.
g 1 it, Alum .5 5 a.’, a v
1 Co-nmonwith Ed. 100% 300 'j 100%
g c.minnv p n pf.. ioi -, 10! -', jop,
I D \ Ino .... r.O 50 .50
1 ‘>, fro A- Co ”05 gOI gOP 'i
I IV For K C vtr., g *, g •; g l ,
1.1 Durant. Mot ... S S'* s'.,
g Durham Dx o of 40 40 40
I La -f States P\v It Lt 1.5 L't
.5 FI JRA-sii n Corn.. 73% 75 ", 75
1 n p,\o<t inr. . an” t aic, :;o%
.5 K! PAL -OO'! war II J 1 11
:i INtev Write C A 4% I 'i '
1 1 , F.aiarilo s ll!f C0..85.'t 1.5:; 15:»
I Fmm Far Inc., a.'! .'!.'! •'!'!
1 Fitvst T 7** of. . T>7 ! i 107 '4 10‘.
' • i-.a- ' M,d c , 570 5:0
I For It a n Co A.. .. gt "I gl
a Fonod.at For A. . I ! 1" •: 11
1 Freed LLr.u R C. g",
1 I‘rrSuitim Clns. . J 7 17', 17',
I (: arod I on, .... 1 I I
15 Cm M il; A 7.5 -1 7-tVa 7 a ’-,
S.’C-l Pag It 7', 77
a Celt Pub Set-..., to 111 pi
l (pen Allien Coal. 1s t ]sa P 5
a liiiW a i;;:'4 i;a «;:■>
7 Cold Seal Kiev. . 'll g:i"4 g.'t
g Ci-ant Co Igo 3 10 lgo
It; and Sfotr-s . . 01 01 01
1 Hail Pviniirff ... gs'i gs'; gsp
g li.toootes, C St. . .s'-, s's'.j
I Hell to to R ftfd . .50 50 ’, 50 r.
I g Horshev sh tt avi. *!0 gS’ , gs ' ,
4 S Hot -Itey I ! t |,f \\ i ,|!t US', IIX\
.5 llei'ltey Citp \u 00 7 4 00', !>0 7 «
5 Hurler, ftfd .... JOO 300 300
30 In,| Ravon C A. Lt'i L't J.t'i
g lusur Co X A.... 74 "4 74 74 ",
It Intern Ftil A... 47 40% 4IL-,
it Intern Ltil 1t... S % s' 3 S",
’, Intern Ct.il jtf,3.. 05 0.5 05
40 .luhtts-Maoe o ~3lo'i 11.5'.; 115':',
lOKentslev MiPb.., 1I "4 IP, IP',
Kmerer G A- It (.'. 140 Ho 3 to
g-> Leh Pow tt lo'l 10 lo’i
’, la-h Vai C Sales 00', StO 'i 00",
Lib Owens S U 11S ' a IIS 11s
I Marvel C.arhur. . -DP, 40 ', PP.
3 Mavis BottiiuK.. 3g'i lg', lgC
5 Mefail Coni o .. oa% OgC, og 1 ,
3 Melv shoe 310 i, 3PI C 1 Pi I ',
40 Mr-nlii Iron. .. . g', g g>,
g Metro Cham Sirs sgsg a; 5g %
Mid West C1i1... I)s', 3 1.5', 1 15',
L Mid W I" or ILn 1 Jg.*", 3g5”,
5 Mohawk Hud P. go l go’, go’,
1 Mohawk Val tt. , 4S*. 4S>. -is
g X-tt F.l Pow A., go -, go-', glp'.,
g Nat Leather. .. . a !„, ;{1 •
0 Nat Pub Ser A. . gg ' , ”g t, ”•> 1,
3 Nat Rad ). aft', ad',
1 Nat Rad nfd.... 00':. !)o', 00’,
N V Tel Co nfd. IIP, IIP, 3 I'',
J Niehols & Sj )f .j). go go go
3 Nties Itemn P rt 3 0 3 0 pi
' 1 Nor A II Ist ftfd OO'i Dili; o"'i
B Nor Iti'i P S pfdippq IPP-; J|u» 4
3 1 North O Pow ( p; 15% 10
L Nor sin P c nf(iJd7 T 4 307", 1"7 ',
4g Nnrtho Pow it.. g 4 git *4 g-t
I I Ohio P S A pfrit ]OO 100 101 l
3 0 Pan St | Boiler... 14% It 14%
g Palmolive Co. . . 01 ", pi a; <n •*-,
0 Penn Ohio See. 1g ', ]g ', lg',
5 Penn Oh Ed war 3lt % Lt'l, 3 It',
1 Pit-' n Morns A. pi *4 IIP, 10 %
’, P.r.fetoet A Nor 5S 57% 5S
2% Pit'sb A Lake KI7S 177% 17S
1 Proet A Gamble g°s «g 5 ”25
POReo Mot g. 5% gt% -’P*,
1. Rte-al Ra’- P n f d 10S 30s 30S
g splfridtrp Prov St 4% 4'5 4*;
go Sf-rv FI Corn 48 .30 .30
30 S Kl Co 11 t ic wi 4 It *4 4
1 Shaw W A P.... 85 85 85
’< SoiE-pr Mftr .... 41" 410 4MI
1 s„t] c,e! E A pf g.'l'; gft'7 go l ',
.3 Sou Cal E B r>f go ', g'i', go ’.
g son P A L n n£307,% 107", 107% i
0 Sou p A L war. PW, 311 % 10’,
, 3 - S'ootbw B-ll nfd 117 117 117
t L Soiiw P A L jtf 11! % 31! % 3 11'7
| 10 Span Rir P & Pliti 130 j.to
Bst R,.. Pap.... 57% 50% 50%
2 stand Pub cA. 4% P, P,
I*. Stand Satoiarv M log 101 log
1 Stiftnes Huzo ... lg 3g Jg
% Strooek t,- C 0... 40% 40% 40'7
27sw,ft fnti g; a, •’ic. *>7
It Swift A Co lgg% 1:1% Igg ' f
3! Iran* i.tix Pie.. a . a-, :>j.
3 Trier, Prod ”8 27% 27%
•5 Tru.-ron SO 30 0 lid 30%
%Tiih A S B vte.. 200 got; 200
J f'nl Bi-eutt A.. 57% .57'4 57%
1 Crti Kl Coal vte 23% gn 1; •’!» %
5 I'm G Iron C. . . 107 107 107
21 Cni LA Pn A. 14 % 14 31%
1 Cni 1. &P B pfd r.g% sg'4 52%
1 J.ni Pit Shar n. 30% 10% 10%
I lin Sh*te M C. . os os os
3 Cntv r.eaf Too. . 54 53 54
\i. S Gypsum.... 00 % no '4 o:»%
II S f, Batterv n 04 04 tit
4 T til P A L vte B gg go -•
Btm Sh opt] way It' J 3(4 3 %
-War Bros Pie... 15% 3 5 35
3 Watson J W. .. . go g| ,*
11 W S M deb rts. . 3:; ig lg%
sales in MINING STOCKS.
hundred*. ,
lAm Explora ... 3;i 3:3 3jj 1
4 Atiiilo Chi I CN. 23 ”3 * o., f *
4 Bnnlter Hill .... lgp*; 1 is**-i 130*4
•ICous top Mines. 3vi ip!
lo Divide Exten* . . .05 05 (,» ™ i
l F.nsr Gld m Ltd I g% •• ti ‘ : '%
..<< K'trrira Croesus, .of .03 0;j I
30 I or'v Note M. . .0 4 .0 4 ‘of
renter M *i •* *•» *4
JO Colden -Sfm® _ _ .08 .OS .08
3lfe,-ta .Min 30% p; jo%
IMm to Can.... li% ;j % ;;
.-Newmnnt .Minin* 300 '»•»»- Joo
' ’* J lsg 1S J % 182
4 NlpOVOt* ..... 7 % Va, r-V !
8 Noranda 25% “s’. •>-, 1* 1
14 Ohio Cop J 05 ’ its * 1
P» It ILlvhes ... J(j«* '3(1% ‘jil%
»V ■"* .50 .48 50
AU" , v,fn i2 bxt.. 20% 20% 2014
22 'tendei. Cop ... 1% 11] ,
10 Yukon Gold ... .45 * .45 ,4j
sales in INDEPENDENT OIL STOCKS
1 uundredK
145 Am Con Oiiflds. .00 84 an
■* lirit-Arti Oil n.. 32 % *4
Pete... .14 ti * <1 *
V serv 1, 50% V,t( '5,, t-
P**. ll Serv tt pfd. 04 it 4 £ j
80 ( rerde Svnd ... Ht% 30% Jo',
lO hntl, (, A C 8, P f lo.s % 1,,; * X 7 4 (
6eG,bsou tj 1! t ~r . * of*
ig Cult Oil /,f Pa.. 03-C o.r‘ 03
J s ltiu-nom' Pet .. J% 11. W | 1 1
2 L-oourd Oil .... 77 ’ 1* |
3 Lone St, n Jjel. 51% 51 s* kii/
J Maudal Svnd .. . 7 4 y 4
J Mexico Ohio ... 8 n-1 L "
3 New Bradford (J. 4 % 4 4a"
3N-w M, x Land.. f, 1 * f,t‘
4 N V On 1I % 1 j 111
~l 2 or , r ‘ L nt T "X Gil J«*t JO% j,,q
0-. Keiter-hoster Oil. 7% o% o
gK, ltfld 0.1 cal . 21 % ”1% g/%
J V ete ztK-ian Jvt. s'! ££ 5%
-5 “ STANDARD OIL ISSUES.
•Ii tut*.
300,, Attrlo Am 0i1... 38% 38% 38%
i'' l " '".t I Oil 1. J«: 38% JBl*
.100 Gal ‘-tr oil .. 7 S M
110" HutoOle oil a’it. 0g % fjoii ft'I JL
goo ill PI J7” i i 17a I'7 '*
3" i Imp Oof Can it.. .58 % 5k% ! ,st,
1, on Inter pet < J.td.. 3-.* i, 31% ;;•»
B'ONat Tiansit ... 30 10 iji
«»'>" (Jbio Oil 00 % 60% s<#%
000 Penn Me* Fuel. 31% 30% it'll*
1000 Prairie O A G ft. 40 % 48% a•#...*
ioo tp pemi O it.. 37% 37% a7 '
gsou s o In,) 7!% 741 7.,,"
1 1 " 1 s o Kansas .... 1.5% 3 V-, ] 5
3- os o (dm, n 74% 7 4711;
100 Vacuum Oil ...But* 131’,* l.'U bt
Sales in BONDS
thousand*.
go -V t Pow 5* 101% 301% 301 H
J•» Al tin ( „ Afn»-r oh loi > j j tit)joift;
At" <,l* A El Os 107', 107% pi 7 1
2. 'Am Pow l.t (is JOO J 0,;., j„O%
J'*Aru N i, Wi Jill 1J»;i i
iAmS' i !in»' m:t* H l*i:t**
» Af-'i-otela «« A. 103 % JO) % Jol%
• Ai-nai i.i Pow 08 c. os % 08%
Ark 1* A 1.", s. . o; ■„ 07 % 07%
i 1 I A Sort Hard d%* 0" no oo
• ;V‘ i 'i- Ci% 10% in%
•J i •i\ r i l KI, |; t J S-.. HH ini JM i
j 4 j;. f J" • ail ,\ . p,.* 303 j ,»;*
, 1 \ u " l I 1 an ~>n li. JO3 JO3 JO3
1 a Uus A Me V !tH % Os'. OH%
'•*• c :■ A I. 7%H 10. ,
15n.;v id r -vyd' m;*"* !
’i::; ‘
N AsP An vu Oo % i,o -, OO , i
;; 1 r 5 %-.... no % no % on %
.' It S- -V . ... SO , so , S',-.
3 1 C|t S, 1 , (, 5I , , 1
-* ' iga i. ~*» os % <is% ns % 1
; r l;«-t. Jit; «»(; j
V, 1 omit K*i 1 *J> U* \ !*% t ;ih !
' * i t* ♦*» 4w. . Us ' t JIS I k 5 1 j
i A UU ! > !<;»» ; !*!»’', I
,* ' 1 ‘ 1 1 ’j ": i% S AII g % 3 11% 1I g %
l! : ei.oi.v 5 It, % n; % 0, %
~ J"t < !>* I, O, a 107 100% 107 I
3 let Cty r, 5. B. 1 O'. % PU’, pig % ,
5P< t Inti 1i',,.. lap, JOJ joj i,
ft Dixie (i (. i>' 2 s 00', 00 % 00',
1 Kl K, Pi.* 0- . . o; ()7 07
40 Km ('ii A H r>%» Og % og pg %
1 I ' ’is Mills,. jilt 04
g" 1! , PA I. 05% 05 >4 05 %
a (.. :r Itubt 5%h 07 07 07
8 P,-t 7> '.'to ttg'.f it: % <»■;%
It Gatineau I*w 5, 08% its % OS %
.i (..time-,,! P.v 5, It its::, OS ),, * ,
; a (..dote i i J*u 3o*;i, lop, ]ogi,
a(, ,1 lilies# „ A fa,!, ) •;)) I ,
1.0 t.u Vend O-.., 08 % 0.8 % 08%
IGa A Ila O- A. it I % it) % )t| %
l't li t Pott 5s It .. . 08 1,8 *tß
1 <»d-. TAR .7, -IK 1(10% 300% 100 %
! (. TARC ItCs ‘3l 100 plo pto
a (;r i’lunk o%*. i io% iio% ikji;
a Gulf <t Pa 5« 37 I(i(l% ltio% loo",
go* It <td I* .5* 'l7 100 , joo--, joo-,
7o In,l (ill A(, >■» o, 04 % !(4 04 %
37 tod P A L ,5. A s<o'% 00% Hit ' l ,
■: lute,"state Pw 5* 05% 05% 05%
-( luO-t state Ptt* 'lt* its (~ 08* ilB
51, Net, LAP 5* \ 05 ' * *t.s > , <15%
10 Kent "lev M l! 0« 1 ).5 344 %' 144%
l.'i Hurt, G A c 5* !»8 % <lB% ftß>,
1 ’ Leh'rb Po'v Os A 103% JO'4% 303%
3 Lone S' tr G 5* 00 00 00
2 Manito P 5%* A10.9 1 ; 303% 103%
2 J4#*« Gas 5%5. 104% 104%
THE TWENTNG STAR. WASHINGTON". P. C„ MONDAY, OCTOBER 3T. 1027.
I 1 Midwest G 7s A }>!»% 540 % SO'-*
34 Mont Pow 5 s A !(!»'•, id'% 00 Ca
30. M W }’ I' 5s A 101 % 101 101
0 Moms ACo ; '.,s i»7% P. % ,S*< '«
I t Nan is Co 5s A PIO % 100% 300%
•I Nat P A I- Os A 104 ' j 1"4 '•> 1"* *>
1 Nat P S o%s A 102 102 log
I N il. Rad (.',«... 100 100 100
33 New K G A lg 5s its % 08% 08%
1.1 XVt'TI, 4 s v. i 00 !Mi !"t
i Jg Nseliols A Ml Oslo,' 1 , 100% 30, Is
g N 8 P M 0% s 0 121 321 121
I Ohio Pow 7s, . . 107 PG' J",
g; »>.-,.* g e i%s k 07-% or o; %
gP P A,-L 5s ,tg 14 102 % log-:* log •«
g 1> P * i. 5s P 53 103 103 103
I1 I It-11-os Pel 5 1 , s 04% 04 % 04%
J I Pot,mine Ed as E OS its Os
1 p ,)ti Co til,s A PCl's 10-1% PCI %
j : PR ; & i:i ~%sAJo;i% 103% Ju-i’.i
«• iii Arms 5 '#s. O.t 05
7* t, tit Kttii .i% -- A it t s '' **" 'tt 0I ",
OHuitfhl ttil its A !*•> !-■> 0->
II s-I \el pel Os. . . g ll l g1 % gI %
it ecrv el l» as it w i (id Os It'd
3.1 unite R last Us It.,'. !>., O.t
'. S MUft, it Ke Us X .*■!»', SO so
-.8.4 \t P I ■sa Wt It.i' s n.t %
, situ'iei I . tea ns i'a ' i 00 % ilo ‘-j
i - 111 ,,, ■Pack us. , lit,-, 300 ', Pei's
g.i : IU c 1% as at P,l % l"l % JOl %
a Milt O 1.0 ,t.~ 'ag J"i ' , JO% , 101%
lit s.ultllß ,P A E OslOi'-s 104% JOl %
g M.i. -,- .1% os. . 00 Oil 50*
ti :• (i N ) O', . . PM % 3'% Jot
5M Lott GA v (is 00 % 00% 00%
In stilt Ala R.t o', s ili% 0, 0<
,t Ift ( a t)S . JOO A 300 % JO" %
a Texas I* A J. as OS its 08
1 I N J’ A L it as 08% I*B% its %
8I i n A 0%-1 on % ]no '. lon
5I at l.t A it .*’ I .* s it!, % 00 % 00 U
I!in Rat II 7 ' 2 s 11 I 111 111
1 IS Rub o', s '!,.> 1(10'i 1(10% JOO%
g| s Ivlili ot, s '3O 100% 10(1 C 2 100%
ais Rub Os";', S. . 100% JOO'a J"O%
J 8 Clil p A I. 5%s 03 % iia 03
I Warn Hi’ Pie o%s 0" % I’" 1 , 0<"->
5Wt st p w ft i a.„ A Oil-', Oil'-, 00%
4 W Chi 5%s 37 10, % lo; % 107 Ti
Sales jn
thousands. FOREIGN BONDS.
J Adriati,- El 75.. . 0 1 04 01
gAn Mur HI; 7s 47 OS !G % 0, %
1 linden 7- !*S % OS % 08%
g Bank Prussia Os 00 i'a % O.t %
7 It.’itnv'ta Pit I'a* !' I % 04 ill',
23 Brazil (l%s ti \vi Og •*•4 02 •%
J 5 lluemxs A 7s ’3O 100% lOt'% loo',
g Buenos A 7- 'ftg 07% !»7% I*7
3 Buenos A PA. . 1 (ill' a 100 % 100%
SIVo H Get* SO, A ill % 01 % !H %
3 5 Cen B G-r 8 f,s |( 0-| , 01 ", PI %
tip ■■!,:*. or Poll o', s 80 Nil 80
S Denmark s'-s.‘. llMf, pel 100
35 Denis, lie link lis its ', <lB% 08 %
2 Fir-t Boh Wk 7s 01 % 01 01
00 Free S Pro* o',s 00% 05% !"i %
107 I‘r S Prus Os v. i 00 'f iUi'a 00'^
8 Cer Cons Mat, 7s 08% OS 548 %
5 Tit mover State t,, its (is its
II Is.if t, Hvd Kl 7's 02*4 02 % !'"'7
gl .loro S' M Bk 7s 80% SO 80%
gS l.omh Flee 7s A. i'l 03% 04
Pi Maitf MAS 7s ww 05 05 05
lo Met id Ul-e 7s A. 04% 04% 04 %
I Montevideo (Is A. 03 03 03
10 Mor Bk- Corot 7s Og % Og % 0" %
7 Mur Bk Chile Os. 00% !>'!', itli-',
J! Mo Bk P-mk o*lol-it PG % J'M%
J Muni Medellin Ss pi.'! % 10.0 % J 0.3%
*4 Muni Medelhn 7s !»4 03% 03%
11 Nmomberir 05... i'l % 01% 01
11 Petelli 7 s 08% OS 08%
38 i>„innd 7's \x i.. .. !i"% !lg% Og %
5 R Grande 7s 'O7 00% 00% 00%
1 Msnta Fe Citv 7s. !•:!% s*3', 03',
1 I Sax S M In 0s 00% 5)5", 05“.
30 Serbs 7s H 88% 87% 57%
ft Mm, If 7s 30 \\ a 01 01 s*l
5 Sttn II 7s 'lO v i !'I 01 % !G
5Tv rid Hvd FI 7s 04% 01% !" %
5 Fit Kl S-rv 7s A 00 OO 0!'
1 T 'it F.l S7, A ww Og % 02 % 5*2 %
lit L u Wk« fiVtS A !% !’ 1 0 1
•Ex dividend.
Baltimore Markets
BALTIMORE, October 31 (/P).—
M'hite potatoes, 100 pounds, 75&1.90;
barrel, 1 -T.0n3.50; sweet potatoes, liar*
rel, 1.50a 2.00; yams, barrel, 1.50a2.00;
beans, bushel, l.OOal.50; beets, 100.
2.00a 3.50; brussels sprouts, quart
12a 2"; eabhafje, 100. 2.00a4.000
cauliflower, orate, 1.00a2.75; ear
rots, 100, 2.00a 4.00; celery, crate, 1.25a
2.00; kale, bushel, 25a30; lettuce,
crate, 2.00a3.00; lima beans, basket,
1.00a1.25; onions, 100 pounds, I.ooa
1.75; peppers, basket, 10a25; pump
kins. 100, 5.00a 10.00; parsnips, basket,
40a50; spinach, bushel, 25a50; savoy
cabbage, bushel, 2 a3; tomatoes,
basket, 40a90; preen, 20a40.
Apples, basket, 25a75; barrel, 2.50a
6 00; grapes, basket, J2alß; grape
fruit box, 3.00a4.50; oranges, box.
3 50.”5.50; pears, bushel, 1.00a3.00;
keiffers. bushel, 40a50; quinces, bush
el, 1.25a2.50.
Live Slock Market.
Cattle—Receipts. 1.100 head; prime
heavy steers in good demand and firm;
1 other giades steady; cows dull. Steels
—Choice, 13.50a] 4.50; good, 12.00al3.00;
medium, 10.50a 11.50; common, 9.10;
feeders and stocker.*. 8.50a 10.50. Heif
ers—Choice, 9.75a 10.50; good, 9.00a9.t5;
medium, 8.00a5.75; common, C.OOai.uO.
Bulls —Choice stable, 7.75a8.50; fair to
good, 7.00a7.50; common to medium,
i1.00a6.75. Cows —Choice stable, 7.75a
8.25; fair to good, 6.25a7.00; common
to medium. 3.50a5.75.
Sheep and iamb —Receipts, 2,300
head: moderate supply, market strong
er. Sheep, 2.00a6.50; lambs, 7.00a14.00.
Hogs—Receipts, 3,500 bead; fair sup
ply, market higher; lights, 10.00;
' heavies. 10.60: medium, 10.50; roughs,
! 7.00a9.00; light pigs, 9.00: pigs, 9.50;
I western hogs, 10 to 15 higher than
1 quotations.
j Calves—Receipts, 400 head; light
supply, market steady; calves, 6.00a
1C.50.'
Hay and Grain Prices.
Wheat —No. 2 red Winter, export,
1.36%; No. 3 red Winter, export,
1 1.33; No. 2 red Winter, garlicky, ex
! port, 1.34%; No. 3 red Winter, gar
licky, export, 1.31%.
Corn —No. 2 yellow domestic, 98;
cob corn, old, 1i.00a5.25 per barrel,
nominal.
Oats —No. 2 white, new, 57% asked;
No. 3 white, new, Gfiti asked. Old
oats soiling 2 and 2Vi bushel over new
oats.
Rve—Nearby, 95a1.00.
Uav—Receipts, 12 tons. New hav
i is arriving in only limited quantity. It
| is, therefore, not being officially
i graded and sells strictly on its merits,
I within range of 14.00a16.00 a ton,
tirnothv and clover grades.
Straw—No. 1 wheat, 10.00a11.00 per
ton; No. 1 oat, 13.00a14.00.
Dairy Farm Products.
Live poutry—Turkeys, pound, 35n42
Spring chickens, 24a25; Leghorns, 22a
23: poor and thin, 17al8; old hens, 18«
25; Leghorns, Jsal6; old roosters, 14a
15; ducks, 22a24; small and poor,
17a 18; pigeons, pair, 20a30; guinea
fowl, each, 40a90.
Eggs—Receipts, 1,116 cases; native
.and nearby curie-nt receipts in free
cases, dozen, 40a42; strictly fresh
dozen, 45.
Butter —Good to fancy creamery
pound, 45a4D; prints, 49a51; V,locks,
48a51; ladles, 37a38; rolls, 33V*a36;
store packed, 331*.; dairy prints, 3 3 Vi a
36; process butter, 41a42.
CHICAGO LIVE STOCK MARKET
CHICAGO, October 31 OP) (United
States Department of Agriculture.—
Hogs—Receipts, 30,000 head; slow;
mostly 10 to 25 higher early; spots up
more on lightweight packing sows;
top, 10.40; bulk good choice 210 to 300
pound weight, 9.85 to 10.35; 170 to 200
pounds, 9.40 to 9.90; 130 to 160 pounds,
8.00 to 9.25; most packing sows, 8.00
lo 8.5 o; light weights up to 8.60; pigs
j largely 7.75 to H.-ij.
1 Sheep—Receipts, 22.000 head; fat
] lo mbs opening slow, around 25 lower
Milan Friday: fat rangers absent; early
j sales and bids on native lambs mostly
i 13.50; most early bids. 13.75; native
| quality less desirable; few best lambs,
1 100 to 130 pounds, 10.00 to 10.50; culls
i early, 10.25 to 10.75; sheep steady;
j bulk fat ewes, 6.n0 to 6.50; feeding
lambs fairly active, unchanged, 13.50
j to 1 LSO most ly.
| Cattle—Receipts, 28,000 head; choice
! fed steers and yearlings steady; In
between grades slow, weak; she stock
weak to 25 lower; bulls steady; veal
ers 25 to 50 off: about 10,000 Western
grassers in run: not much beef in
Western continent; two loads of heavy
Westerns to Eastern shippers, 50.00;
best fed steers held at 17.75; bulk
early sales of better grades, 15.75 to
16.50; big packing talking 12.00 to
12 50 on voalei's; Stockers and feeders
active, strong.
SILVER QUOTATIONS.
NEW YORK. October 81 OP).—Bar
silver, 50%; Mexican dollars, 43', 4.
—— • —1 ■
Many new hotels are being con
structed in Seville, Spain, in connec
tion with the Ibero-American Exposi
tion. which is to open October 12,
1925-. .. , ...,
TREND IS UPWARD I
ON CURB MARKET
Price Range Narrow —Stan-
dard Oil Issues in Good
Demand Today.
BY WILLIAM F. HEFFKRNAX.
Spr-iin' Dispatch to The Star.
NEW YORK, October 31.—The main
body of curb stocks moved over a nar
i row price range at the outset of the
1 week, with most, changes occurring
| on the side of advance. Speculative.
sentiment was divided ns to the im
' mediate future tendency of prices.
The advance in the call loan renewal
rate to 4 per cent after funds had re
mained in abundant supply through
out last week at 3%, was taken as
1 nothing more than a normal develop
' merit owing to withdrawal of funds
for end of the month outside require
ments.
’ The majority' of so-ealled Standard
Oil issues had been aide to leave off
higher on the week Saturday. Such
stocks as Illinois Pipe Line, Prairie :
Oil and Gas. Ohio Oil. International
Petroleum and Standard of Indiana*
continued in demand today. This
could not have been set down to any
change in the situation of the oil in
dustry. The demand apparently was
due to growing recognition that
liquidation in the oils lias been quite
thorough and that any change in the
statistical position of the industry
probably will be for tlie better. There
also was the possibility of favorable
dividend action by several companies
with large cash surpluses.
Denial of the report that the North
American Co. is planning to make an
offer to minority Washington Railway
A- Klectrio stockholders for acquisi
tion of their interest in the common
stock failed to influent selling of the
latter shares. Speculative A Vail Street
has boon basing its calculations re
cently on the possibility of a mer
ger of AVashington traction com
panies.
Speculation for the rise went out of
the market for Reo Motor, for the
time being at least, but the price held
Arm above 25. Ford Motor of Canada
at. 57!) compared with Saturday’s final
of 567. Swift International continued
in demand above 27. Recent buying
lias been attributed to belief that final
1027 earnings will lie favorably
affected by the culmination of the (
South American packers’ price cut '
wa r. (
Kemslev-Millbourn common held
most of its recent gain hut did little
more. The new ITersh°y issue, still .
seeking its proper selling level, ,
fluctuated erratically.
-
POTATO MARKET DULL.
CHICAGO. October 31
toes—Receipts, 236 cars; on track, 532
cars; total U. S. shipments Saturday.
961; Sunday, 23 cars; demand and
trading slow, market dull; AVisconsln
sacked round whites, 1.45a1.65; Minne
sota, North Dakotas, sacked Red River
Ohios, 1.25a1.40; sacked round whites,
1.30a1.40; Idaho sacked russets, Bur
hanks, 1.50a1.75; sacked rurals, 1.40a
1.50.
■ • . ■■ ■
RUBBER STOCKS DROP.
NEW YORK, October 31 (A 3).—Rub
her storks in London on Oetober 29
were 69,551 tons, a decrease of 509
tons in the last week.
■ • —— ■■ - —»
COTTON GOODS QUIET.
NEW YORK. October 31 (Special).—
Cotton goods markets were quiet to
day, with print cloths unchanged at
S*i for 64x60s and 9% for 68x725. Raw
silks were slow but steady.
—■'• ■
RUBBER UNCHANGED.
NEW YORK, October 31 (Special).—
Crude rubber, smoked ribbed sheets
was unchanged in today’s noon quo
tations of 35 s *. This compares with
34 a month ago and 42% a year ago.
Washington Stock Exchange
SALES.
Potomac Electric pM. 5 >4* —10 at 10614 .
T.ansbm Monotvne—lo at 106’4. 10 at
106 >,. 20 at 106 1 1 .
Merchants’ Transfer & Storage pfd.—oo at
1 03 % .
National Mt<re. A Investment pfd.—so at
ON. 150 at «%. 10 at. 6%.
Sanitary Grocery Co.'pfd.—10 at 102%.
AFTER CAT E.
Potomac Electric pfd. 5%* —5 at 10614.
Potomno Electric pfd. 6»—2 at 111 %.
Union Trii“t Co.—lo at 301'*.
Washington Gao I.ieht—in at 81%. 20
at SI %. 4 at SI %. 20 at si <4. 10 at 81%.
400 at 81%. 40 at 81%. 30 at 81%.
Money—Call loan®. 5 and 6 per cent.
BONDS.
Bid and Asked Prices.
PUBLIC UTILITY.
Bid. Asked.
Amer. Tel. A Tclsra. 4« 00% .....
Amer Tel. & TOea. 4%5... 101
Am. Tel. A Tel. etl. tr. 5«. . 104*4
Anaeostia A Pot. R. R. 5*.. 98%
Anacoetia A- Pot. truar. 55... 08% .....
0. A P. Telephone 5s 101%
0. A P. To! of Ya. 5s 102
Capital Traction R. R. 55... 102 .....
City A- Suburban 5s 08
Gcors-town Gas Ist 5a.... 102
Potomac Elec Jst 5s 101 101%,
. Potomac Elec. cons. 55.,., 103% 103%
Potomac Elm-. Os 1053.... 10H 108%
Wash. Alex. A Mt. Ver. 5«.. 4%
Wash.. A lex. A Mt. A - , r tfs... 4
Wash.. Balt A Annap 55,... 85
Washington Gas 5s 102%
Wash. Gas 6s. scries A.... 104%
Wash. Gas 6s. series B. .. . 105%
Wash. Rwv. & Elec. 45.... 80 00
Wash. Rwy. & Elcc*. (ten. 6s 103% 104
MISCELLANEOUS.
Barber A Ross. Ine.. 6%5... 06% 07%
Chestnut Farm Pair* 6%5.. 105% 106
Chevy Chase Club 5%s 101
r> 0 Paper 6s 04 07
Pot. Joint Stork L’d HU. ss. 100
Wash MUt. & Cold Stor. 5s 06
Wardman Park Hotel 5%5.. 96% 98
STOCKS.
PUBLIC UTILITY.
Amer Tel. A Tetea 174% .....
Capital Traction 108 jOO%
Washington Gas *Bl % 8! %
Norfolk A Wash Steamboat. 300 919
Potomae Eton. pfd. 6s 11 1 115%
Potomac Elec, pfd 5%5... 106 106 %
Wash Rwv. A. Klee. com... 385 395
Wash .Rwy. & Elec, pfd 09% 3 00%
NATIONAL BANK.
National Capital 275
Columbia 390 • ■
Commercial 6 > -I
District
farmers A Mechanics’ 300 335
Eeflernl-American 306 .... .
t,*ber*v 240 250
t.incoln 400 .... .
National Metropolitan 400 420
pjrir« 400 505
“eennd 950
National Bank of Wash,.... 315 . .....
TRUST COMPANY.
Amer, Security A Trust Co.. 456 461
Continental 3 30
Merchants’ Bank 153 155
National Savings & Trust...*s3o 575
Union Trust 300 3to
Wash. Loan A Trust *495 609
SAVINGS BANK.
Bank of Betbesdn 68
Commerce A SavinjOL 316
East Washington 35
Potomac Savings 905 . i ...
Security Sav. A, Com 435 475
»e"enth Street.... 900
Uniter! States 550 .....
Washington Mechanics' 50 .....
FIRE INSURANCE.
American 300 .....
Corcoran 170 .....
Firemen's 25 .....
National Union 19
TITLE INSURANCE.
Columbia Title 12 .....
Kell Estate Title 105
Title Inv. Co. of Md. c0m.... 55
MISCELLANEOUS.
Barber A Ross. In<*„ com... 35% 36%
Chevy Chase Hairy pfd 105 107
Com. National Co. Pf 105 .....
It. C. Paper Mfsr. pfd 03 100
Col. Sami & Gravel pfd 102% 103%
Federal Storage pfd 100 110
Ktsleral-American com 30 41
Fcderal-Americiin pfd Mil
l.anston Monotype 106 107
. Merchants’ Tran. A Stor.,. - .. 135 135
Merchants’ Tran. A Stor. pfd. 103% 104
Met Kent baler Linotype 112% 113%
Natl, Mlkc. A Inv. pfd 6% 6%
Peonies Drue Stores pld *lls 120
security Storage 135
sanitary Grocery Co. pfd.... 103% 102%
Washington Market 50
Wash M-’-h Mtee, com 11 14
Wash Medical Bldg Corn... 125 ... .
woodward & Lothrop pfd... 105 110
.•fix dividend.
Fisher's Price Index
** following table shows the aver
■u.» movement from week to week
Ut nt the wholesale prices of 200 rep
resent at ive commodities (from Dun’s
Review) and <2) of th® purchasing
power of the dollar:
Purchasing
index No ot power
price* lit per of the flol
cent of ore- Isr in pro
var K‘i*c<«, war cr*nt*».
Ke I'll 3- i.e 1 <ll 3-
D^te—- 10ft net. 100 P< t
1070 May (peak) 247 0 4" 5
Ifi72 January (10w*.... 138.0 725
IP’23 Average 157 7 113 4
10C5 A rerage 150.3 618
First Quarter 101.0 fit S
See,in" auarter. .. 157.2 03.0
Third auarter 140 0 03 2
1026 Average 131 3 R 6 1
First auarter 150 3 04 0
Second auarter.... 151 7 65 0
Third auarter .... 148 4 67 4
Fourth auarter... 158 3 63.2
No rent her ..... 150 0 66 3
Dor-onther 1 17 2 07.0
1927 January average.. 145 5 68 7
February average. 143 0 60 0
March nwage . . Ito 7 71 1
First aua-tp- .... 142.0 70 0
April average ... 140 0 71 4
Mar average . 130 0 71.5
June average ...130 8 71 5
Second auarter... Lt" 0 71.5
July average ... 130 4 71 7
AuguM average . 70 0
September average. 1 14.7 60 1
Third auarter.... 111.7 7".0
October—
First week. 1 45 5 68 7
Second \v rt ck 1 46 2 68.4
Third week 1 16.2 UM
Fourth week 145.0 68.0
Foreign Weekly Index.
Crump’s (London Financial Times)
index number for England:
Index No of
prices in tier cent
of pre-war basis
Date— i. 0.. 1913-100
1024 Average 157 7
1925 A vcrage 1 53 8
First quarter.". 161 8
Second auarter...,....,.,,... 352 5
Fourth quarter............... 1404
1926 Average 142 2
First auarter 142 8
Second auarter 138 0
Third auarter................ 142,4
Fourth Quarter. 1113
October ................... 140 0
November ......... 146 0
Deccmher 141.8
1027 January—
First week.................. 130”
Second week 3 37.7
Third week 137.1
Fourth week 1.37 I
January average.....,,.....,, 137 8
February average . 130 4
March average. .............. 135 8
First Quarter 136 6
Anril average 135 0
Mav average 136 0
June average 135.0
Quarterly average 135 6
July average. ............... 137 8
August average 135.0
September average... 138.5
Third Quarter 330.1
October— t
First week 13t,5
Second work 135.0
Third week 135.3
Fourth week 138.4
f ConvrigM. 1927.)
■ —■ ■ ■ . -
BRITISH OUTLOOK GOOD.
LONDON, October 31 (/Pi.—The
Westminster Gazette publishes the
quarterly trade forecast of the Fed
eration of British industries, which de
clares that the outlook for British
trade in the coming year is brighter
than at any time since the war. It
traces this welcome state of affairs to
a decision at a secret meeting of in
ternational bankers at New York in
July, when steps were taken to es
tablish an international system of
financial co-operation.
( s>/ 2 % 1
1 Leans on Real Estate |
P Periods of 3, 5 or 10 Years g|;
WE HAVE UNLIMITED FUNDS g I
TO LEND ON g I
Residences, Apartments and Business |
>' Properties g
p in El
a the District and nearby Montgomery
p Co., Md. g
I ROSS2MPHELPS 1
' Founded 1907 || j
*3l Loan Correspondent, of BS I
j23j John Hanrock Mutual Life Insurant* Co. gfl
I $1000=22 I
In Cash Prizes!
to Government Employees
for the best essay of 300 words (or less) on the subject
“Why Life Insurance? 9 *
The contest Is open only to employees of the Federal or Company desires to secure a number of short essays on
District Governments who live or work in the District of the subject: “Why Life Insurance?” and believes that
Columbia, and who may be eligible to qualify under the l>y offering liberal rewards, it will get the very material
Tory simple rules of the contest. The requirements are required. You may know little or nothing about Life
easy. Full information will be mafled you upon request. . nr “«- b « t li th “ do « ? ot . h /” d '«P T™ “ th . e “ n
l r . , . T f. We will furnish you all the information you need to equip
It is not necessary to buy a Life Insurance policy, or even you th# £ ind #f we want ; The question is .
to carry Life Insurance, in order to compete, and no can y OU wr j^ e an interesting and brief story of not more
preference of any kind will be shown to policyholders, than 300 words, so interesting that it will be among the
The A. 0. Swink Agency of the Atlantic Life Insurance prize-winning essays?
Do You Want Some Extra Christmas Money?
This is your chance. The contest opens on November Ist, and closes on December sth. The essays will be placed in
the hands of the Judges on December 16th, and evpry effort will be made to select the winners before Christmas.
The Judges, whose names will be announced before the close of the contest, will consist of four prominent Washing
tonians, and one representative of the Atlantic Life Insurance Company.
The Following Prizes Are Offered . \
Ist Prize $500.00 . To. \
2nd Prize 200.00 \ Contw t v ' °* «i \
3rd Prize <• 100.00 \ ****<£ \
14th to 13th Prizes (10 of $lO each)..., 100.00 \ 619 *+f*JT* ***** \
14th to 33rd Prizes (20 of $5 each).... 100.00 \
33 Prizes in all $1,000.00 \ \
A. O. SWINK AGENCY \ _T
Atlantic Life Insurance Co. \ -— ’ '
519 Southern Building, .Washington, D. C. \ till nn> »* d
11 H ,l— ' !' .. ■ )
COTTON ADVANCES
ON WEATHER NEWS
Cold Wave Threatening Belt
Has Bullish Effect on
Prices Today.
By the Associated Press.
NEW YORK. October 31.—The cot
ton market opened firm today at an
advance of 16 to 20 points covering,
combined with trade and commission
house buying based on the relatively
steady showing of Liverpool and an
unfavorable view of weather condi
tions or prospects in the South.
Temperatures did not seem as low
as some of Saturday's buyers had ex
pected. hut a cold wave was reported
still threatening, and comparatively
little Southern hedge selling was in
evidence at the start. The advance,
however, attracted realizing, and the
market cased off 8 to 10 points from
the best in early trading.
The early advance extended to 20.55
for December and 20.77 for March,
making net gains of about 25 to 27
points on the active positions. There
appeared to be some realizing at these
figures, which checked the return and
caused reactions of 10 or 12 points
from the best, and the market later
was quiet but steady, active positions
ruling around IS to 20 points net high
er at midday. A private report was
published placing the crop indication
at 12,660.000 bales, but appeared to
be without much effect on the market.
WHEAT HAS RALLIES
FROM LOWER START
Corn Sympathetic—Crop News
From Argentina Gives Bull
ish Trend to Prices.
By the Associated Press.
CHICAGO, October 31. —Reassuring
crop reports from Argentina led to
lower prices early today for wheat,
hut the market soon rallied above Sat
urday’s finish. Later advices from
Buenos Aires confirmed reports of
light frost. Opening % to % off, j
wheat underwent a further sag and
then scored gains. Corn swayed with
wheat, .starting at %a% decline to %
advance, and subsequently showing a
setback ail around, but then scoring !
a rally. Oats were relatively firm. !
Provisions tilted downward.
Unusual sensitiveness to Southern j
Hemisphere weather and crop reports i
showed itself in the Chicago wheat j
market today, and other factors were
given comparatively slight notice. In
addition to fresh reports of some frost
in Argentina, implying damage possi
bilities there, dispatches were at hand
saying that the premier of New South
Wales. Australia, anticipates a yield
of 14,000.000 bushels in his territory,
compared with 37,000,000 bushels a :
year ago.
Decided strength which developed in j
the Liverpool market today did much S
to give the advantage at times to the j
buying side of the market here. It i
was pointed out. however, that the
advance shown in closing quotations
at Liverpool was only equal to Satur
day's upturn in Chicago and took no
account of today’s advance here.
I ——•
MEETING DEFERRED.
NEW YORK, October 31 OP).—Di
rectors of Coco-Cola Co., who were
to take dividend action in New Yor!
today, postponed their meeting to No
vember 8 in Atlanta, da.
in i'im pn ip* m m
' Equitable Co-Operative Building Assn
JOHN JOY FDSON. President WALTER S. PR VTT Jr.. Secretary
Organized 1879 Kill YEAR COMPLETED
A » s•>, 228.031.91 Surplus si .469,905.78
Subscriptions for the 93rd Issue of Stock Being; Received
SAVE SYSTEMATICALLY
IN THE EQUITABLE
SEE 6? y Cjl Start a systematic savings account at
SHE tp sLa < 4/ Equitable and provide tlie way for
= Financial Independence. Our plan of
HS= Per saving encourages thrift in a regular
E= Share manner and helps you accumulate money.
“"''9ls F STREET
sl)t Jsemng plaf
X|OVERTIS£fIEKIS
ifcnrit RECEIYEB HE * E 1
Smith’s Drug Store—7th & O Sts. N.W.
Is a Star Branch Office
These Star Branch Offices,
located in practically every
neighborhood in and around
Washington, are maintained for
Iff jP|l of The Star Classified Section.
mfim Advertisements left at any
Branch will be promptly for
vfWß warded to the Main Office, and
will appear in the first possible
No fees are charged for
Branch Office service; only
THE regular rates.
ABOVE SIGN
IS
DISPLAYED The Star prints such an over-
BY whelmingly greater volume of
AUTHORIZED Classified Advertising every
rra turn day t ' ian anv ot^er Washing
ton paper that there can be no
question as to which will give
y OU the best results.
“Around the Corner” is
a Star Branch Office
FINANCIAL'.'
CANNED TOMATO CARGO
UNLOADED AT BALTIMORE
Special Dispatch to Th« Star.
BALTIMORE. October 31.—The
Digest shipment of canned tomatoes
ever to arrive in Baltimore, 1.500 east--,
j was unloaded here Saturday. They
j fame from Italy. Some were Parnta
I tom )toes. Some were Naples tomatoes
[ and they arrived aboard the American
j steamship Liberty Igind.
* Packers here have long advocated.a
higher tariff on imported canned
goods and will take the matter up
with their congressional representa
tives when Congress meets.
The alien tomatoes also have In
curred the enmity of the Del-Mar-Via
Association. This organization has
frequently advocated the enactment
of a t iriff that would make the Im
portation of foreign tomatoes an
unprofitable business.
—- - •
Australia has allocated J 1,000,000
to develop civil aviation.
13

Evening star. [volume], October 31, 1927, Page 13, Image 13
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], October 31, 1927, Page 13, Image 13 About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume], October 31, 1927, Page 13, Image 13
About Evening star. [volume] (Washington, D.C.) 1854-1972