STOCKS-BACK AND FILL, 21/Buffalo NY Courier Express... · the recurrent weakness In stocks like...

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A, * "•' BUFFLO rnrRIER-EXPRESS. SATURDAY, AUGUST 21. 1926 9 STOCKS-BACK AND FILL, WJ/W^^J^^mjUST^^J^^^^ Foreign Exchange -• NEW YORK STOCK EXCHANGE TRANSACTIONS LIVESTOCK MARKETS N. Y. CURB EXCHANGE AT LOW LEVEL FOR THIS WEEK Leaden seven to ten points under record, (or year, made recently D. & a ATPEAK PRICE i_ Other railroad snares, however, fail to respond to big earning, forecast Xew York. Aug. 20—Last prices <ln lew ofTxcha. it on the principal for- eign countries today- Total sales, 1,584.300 shares Total sates 1926 to date. 292.106,500 shares FRIDAY, A U G U S T 20, 1926. Thursday. T.657,400 shares. Same day Last year, same date, 265.546.aw last year. 1.463J shares. tares. Gt. Britain, pound . Canada. Dollar Fra n ce. franc ....... Italy, lira. Belgium, franc ...... Switzerland, franc Hoi.and. guilder ... Germany, reichsmar* Austria, schilling ... Greece, drachma ... Sweden, krona ..... Norway krone ..... Denmark, krone .... Spain, peseta Hungary, pengo ..... Bulgaria, lev Caecho-Slov.. krone . Poland, attoty ....... Finland, markka ... Rumania, leu Jugo-Stavia. krone . Argentina, peso ..... Brazil, milrels . ...... Chile. MM ...... * f Hong Kong, dollar ... Japan, yen ......... Demand 485.4375 100.1362 2.1573 8,3771 2.73 19,31 40>8 •3.10 14.125 1.11 28.7f 21.92 26.57 13.49 17.57 .7$ 2.9523 12.00 2.53 .47 1.7673 40.48 , 15.40 12.15 , 52.8125 43.00 Cables 485.9375 I —1926— Sales Stock High Low in 100s div 87% 70% 21.77 21.92 26.58 15.50 By C H A R L E S A . LOVETT Raw York. Aug. 20— Renewed liquids tion.and considerable epecuUUive eiMing • for tt)s decline were effective in 4epre»- j M . / i r I_ A. i values In the stock market today £k cttfitt #>t \lCLTK6t new low levels for the movement, / l t , M W " v t lWM «** ** w " _ rallied slightly before the close. downward movement started in the noon after a period of Irregularity staring whicthere were times when It appear'-d as if the selling movement had Men stemmed Strong eupt-ort was ex- tended to the p.votal industrials, but the recurrent weakness In stocks like United States Su-> ' common. General Motors. Central Leather. American Radiator and others, induced a reoump- dlrections. 53.©625 48.25 vdz> 123% We Such as Present Hard to Prophesy "We are again experiencing those sud- den reversals of sentiment and market action which -——.-.«- », the distributing process this are usually a sale wnen iney mvm --t -.K.,,. tKov look are so characteristic of Markets like felt tion of liquidation In many directions. | h - a T-ua.v « ,,» c ....... ... The rail stocks turned lower with the in- best and a purchase when they dustriate, with the exception of Dete- wor »t," says Moody's Review. war* A Hudson, which advanced f% "Investors since early June have joints to a new high level at 174% j eiM , enthusiastic than stock traders; for *:.d held atl but one point of the grain. W h erea , active stocks have made a net gome of them however, ftrmtd up a bit - , „ of thlrt een points since June 12th, *"*LI 0# a * sr * . .,_ * ir —' —«»— h.»« »ctu«liy sagged a lit- Trade new* was not of the character to account for the fresh selling today, though It was reported that steel mills were reducing operations slightly. A ?nore cheerful view of credit conditions gain ot imneen yumi. ».....« ... bond prices have actually sagged tie. York re- 71» - The advance In the New discount rate does not look like a de- pressing factor of any Importance; the «._. JJf'V'if 7** ,w - v " „*•"****; *•"•"—re—I past does not show any constant rela- t u srJi'oon i n d ,S ^„ nnlrt.°th^SC^il » on between re-discount rates and stock) TO Its^aert^RaSsi If.o ?ml lliiF£ II m « rk ^ movements. The main question \* fassrvt Bank, was of little avail m re-> , whether general credits are going to storing confidence In the market. Re- JT.J7, «« ««. nA !«»••• (Sets that leading operators, who had ****' on Mpanqmg - made large profits in the summer rise, were withdrawing from the market, combined with a natural pre-holiday 1 hesitancy on the part of professional j •peculators to extend, affected practical- ly all of the recently active favorites and turned them lower. An announcement that W. C. Durant I EARNlNGSRErORTS SOUTHERN CALIFORNIA EDISON Company's gross earnings for July amounted to $2,714,896. compared with $2.33.1,502 for July. 1923. a gain of ap- ^ proximately 16 per cent. Net earnings Motors and Hudson Mo.or* were offered I aft€r <>P«™tli}a; expenses and taxes f sale a" concisions? I amounted to $1,857,753. against $1^4, % Would sail for Europe Tuesday was re- ] t , •carded as s'gnlflcant. when several *" blocks of United State* Steel, General p £ Motors and Hudson Mo o n were offered ' * for sals at concessions. Forecasts of reYord-breaking earnings for the important earners last month . I.1.M1 to stlrmilate buying Interest in that ar mi. The heavy buying move- ment In Delaware & Hudson In the last hour checked the decline in many of the raits and turned some of them upward. But losses on the day were quite gen- Sral throughout the group. The expec- tations were Northern Pacific, which seeninl under accumulation, advancing ts T7% for a gain of 1% pointa over yesterday's cosing price. Missouri Pa- cific, Union Pacific. Rock Island and Chesapeake A Ohio were strong spots. •If Industrials Waver As usual, speculative Interest con- verged on 17. 8. Steel common and Gen- srsl Motors, the two stocks which more than any other had been used on the rise to generate bullish sentiment. The demand for Steel around ISO was very good: so good, in* fact, that all the sell- ing the early session was absorbed with- ou* difficulty, and eventually the quo- tation was bid up to 152. On the after- noon raid, however, the price broke be- low 149, when renewed buying came to, sending it back to 150. General Motors moved on parallel lines. Selling ex- fuvldend SI.TS In cash. It opened Tower, hut recovered the dividend, only to break to 197% In the afternoon, in the final half hour fresh buying appeared and the price moved up sharply to Sut)%. fo<* a gain of about a point on the day. Other high priced stocks were weak, of them sinking into new low ..'tl. However, s few new candidates speeulatlvs favor were bid up with C e success, Philadelphia. & Read- Coal, for Instance, was advanced mors than a point at one time. Radio Corporation had s sharp rally. ward Baking B responded to news of dividend declarations for the preferred •nd class A stock. American Republic. Htds and Leather preferred. Interna- tional Papsr, American Ice and Loose- Wiles were other strong spots. In the oils Atlantic Refining and General Asphalt forged ahead, the latter sell- ing at a new peak price for the year. Mark Trucks sold at lii% on an early Wlge. but dropped bach to 111%. TGIMKroiAWaETS (Quoted by A. J. WrUht A Co.> Golds Argonaut ... Atlas ...... Baldwin . -. Bswry .. • • Btgood Buckingham. C W Dome Dome Mines Goldale .... Gold Reef . Hollinger Hunton ...... Ksora ....... Klrkland Lake Lake Shore .. Melntyre .... (oaeta *«•• « « »« Lake | . • « • SJ. 4M • * • • * s * * • e Bid 23% 2% 8% 83% •% I 10 11.05 33% 1% 19 40 13 IK 1.01 14.05 Si. 15 14 88% 18.80 1.14 I 4.41 a% n 1.81 •.to Asked 24 S 3>4 63 ? S 24% 11.20 34% 3 19.55 14 3% 1.08 14.18 16.50 14% U 2 15 t 4 44 49 ilw 3 613 In the same month last year, while thrf balance after fixed charges amount- ed to $1,159,529. against $1,254,253. ac- cording to advicea received by E. H. Rollins A Sons. Net earnings for the first seven months of the current year, after oper- ating expenses and taxes amounted to $1<»,20S,G09, compared with $9,322,894 in the corresponding period of last year, an increase of $885,714, or approximately 10 per cent. On July 31. balance after fixed charges amounted to $6,776,279, compared with $6,512,309 on July 31. 1925. OPPEXHE1M, COLLINS & Co. re- ports for the year ended July 11, 1926, net Income of $1,567,800 after depreci- ation, taxes, etc.. against $1,038,337 in the preceding fiscal year. WALWORTH Company's reports net profits of $59,039 for the quarter ended June 80th equal nine cents a share on 300.000 common shares issued after pre- ferred dividends, agamst a net loss of $161,829 In the preceding quarter. For tho six months ended June 30th net loes amounted to $102,790. GOODYEAR TIRE A RUBBER Com- pany reports consolidated net profits of $4,014,873 after fixed charges for the six months ended June 30th, equal, after prior preferred dividends, to $3.24 a share on 65U.796 shares of 7 per cent, cumulative preferred stock, on which accumulations total 29% per cent. This compares somewhat unfavorably with net income of $6,011,407 after de- duction of $3,000,000 for a special raw material reserve reported for the first half of 1925, which was equal to $8.31 a share on the cumulative preferred stock after allowing for prior preferred dividends. KANSAS CITY SOUTHERN Rail- way's report compares as follows: JULY— 1D26 1925 Gross Revenuss .. $1,940,820 $1,800,541 Operating income. 554,017 436,884 SEVEN MONTHS— Gross revenues ...$12,760,195 $11,951,890 Operating Income. 3.525,867 2,730,870 COMMONWEALTH POWER Corpora- tion and subsidiaries, for the twelve months ended July 31, 1926, had earnings applicable to dividends and retirement reserve of $9,615,376. of $26.24 per share on the outstanding 366.378 shares of pre- ferred stock and $6.51 per share on the 1.133.922 shares of common. After pro- vision for retirement reserve, earnings amounted to $17.35 per share on the preferred and $3.65 on the common, compared with $12.26 and $2.01. respec- tively, for ths eame period last year, based on the same number of shares now outstanding. and in A Hijjh 6 Abitibi P & P 4. . 8?4 4 1 Abra & S.raus .. itya 1 Abra & Straus pf 7 103 2 Adams Exp 6 .... 114** S Adv Rumeiy 13*4 2 Ahumada Lead 1. 8 19 Air Reduc 5 ,J,...« 136*4 1 Ajax Rubber ..... 8*4 514 Allied Chem 4 138» 4 3 Alltt-Chal 6 . 89 23 Amerada Ct 2 .... 31 5 A m A a Ch ...... It 11 A m A a Ch pf 62 st 2 Am Bk Note 1.60. 40' ? 11 Am Bosch Mag .. 22 11 A m S S & h' o 1-W 1 2 3 Am Brwn Bov 2.. 47'a 1 Am Brwn Bov pf 7 96+4 283 Am Can 2 58^ 2 Am Can pf 7 125' 2 7 Am Car 8 F S 100'/ 4 2 Am Car A F pt 7 125 1 Am Chain 2 25! 4 1 Am Chicle pr pf 7 9U 2 12 Am Drua Syrn .. 10'/4 7 A m E x p 6 ........ 124 2 A m A For Pw .. 20' 2 11 Am Hide A L .... »/ a 11 Am Hide & L pf 41 4 Am Home Prod .. 26% » A m Ice Sx .... 123 1 Am Ice pf 6 .... 83% 15 Am Int Corp 33% 1 Am-La Fr F Eng 1 13 153 Am Linseed ...... 48!« 2 Am Linseed pf 7. &3</* 27 Am Locoo 8 104i/s 1 Am Mach & Fdy. 77 4 Am Pow A Lt .. 67 1 Am Radiator 4 ..117 2 A m R y E x p • 81 5 Am Rcpub 60(/a 81 Am Sa»ety Rax 3.. 67' /2 5 Am Ship A Com.. 7*4 2S3 Am Smelt 7 .. 145% 1 Am Smelt pf 7 . . . 1191/4 11 Am Steel Fdys 3. 45% 9 Am Sug Ref 5... 73 2 Am Sum Tob A ct 36 37 Am Sum Tob new 31?« 9 A m T e l A Tsl 9.. 145'/ 2 4 A m T o b 8 . . 120 4 Am Tob B 8 .... 118% 1 A m T o b pf • .... 111 1 Am Type 8 . 122 1 A m W a t W A E 1.20d 57! 2 14 Am Wool 30 4 Am Wool pf 7 .... 73% 7 A m W r i t Pap pf.. 7 a 4 Am Z L A S 7 50 Anac Copper 3 ... 5J 1 Armour D«l pf 7.. 94i/« 3 Armour III "A" .. 14% 9 Armour III "B" .. 7'/ a 2 Arnold Const .... 26 1 Art Metal 1 22! a 1 Artloom 3 49^, 15 Asso Dry Gds 2.50. 44 97 Atchison 7 . • . 149 2 Atch pf 8 ........ 100 7 Ati Oirm A Atl.. % 27 Atl Coatt L 7x ... 223' /4 29 Atl Ref 113*4 1 Atlaa Power 4 .,. 59 2 Atlas Tack 11% 2 Auto Sales pf .... 35 67 Bald Loco 7 118'i 1 Bald Loco pf 7 .... 112!j 12 B A O 5 104 1 B A O pf 4 73ft 2 Bang A Arooa 3 .. 41 13 Barnsdall A 2 .... 25 3 , 2 Bayuk Bros 47^, I 3 Beech-Nut Pk 2.40x 60 1 Belding Bros 3 ,.. 30' 33 Beth bteel 47ft 2 Beth Steel 7 pi 7. 103!,, Low 87 52'a 108 114% 13% 8 132!» 8% 135! a 88* 4 30«, 2 17% 61.'/a 4fli , 20% 143 45% 96% 57% 123% 100 125 25% 9V 2 10 122 20% 8 38% 23% 125% 83% 33% 13 40 33 103'% 77 66'/, 117 80% i>8% 63% 7% 143% 119% 45 72% 35% 31 146% 119% 118% 111 122 57% 29 78 Last Net Ch'g 87% 4- 52 } .'r— 108 4- 114%— 13%— 8 136% r 8% 136%— 88%— 31 17%— 1 61%— 40%i- 20 %— 140 46', 2— S»m 57%— 125! i— 100 125 4/ V* 25% 91%+ 3% 10 122 — 3 % 20%— % 8' 2 + % 41 -r 4 26% 126% + 2% 83% 33%— % 13 43 — 3% 83—1% (Z V* 1 1% % % % i %! %! 1 2 % 1 % i % 1 % 1926— Sales High L o w in 100s 24% 13% 13% 38% 5C% 33% 112% 6% 27 53'% 32% 44.. 89 111 6% 25 10% 21 34% 6C% '4 10 Briggs Mfg 3 ... 2 Brooklyn Edison 8.. 30 Brooklyn Man Tr 4 1 Brooklyn M Tr pf 6 13 Brooklyn U Gaa 4x 17 Bruns-Baik Col .. 2 Bruns Dock Co ... 1 Burns Bros "B" 2.. ,10 Bush Term ...... I Butte Cop A 2 .50 12 Butterick Co 4 Byers A M 23 Cal Packing 4 .... 10 Cal Petro 2 7 Calumet A Ariz 6. 5 Calumet A H 1.90 10 Canadian Pnc 10. 27 Cass Thresh M .. 5 Cent Leather 4 Cent Leather pf .. 5 Cent Rib Mill* 2.. 20 Cerro de Pasco C 4 7 Cer-Teed Prod 4.. 4 Ch?nd Clev pf 4.. 80'Ches A Ohio 8x .. 5 Cn A Alt uf ..... 4 Ch A E III pf 12 Ch Gt West 53 Ch Gt West pf ... 20 C M A S t P 15 C M A St P pf ... II C M A St P ctfs.. 5 CMAStP pf ctfs .. 45 Ch A N West 4 .. 10 C n R I A P 1 C R I A P f % pf 6 27% 149% 64% 85 93% 30% 13 35 28 5% 59% 35% 71% 32% 71% 18 165% 160 7% 52% 1?% 71 45 29% 153% 8% 41 10% 27% 12% 22% 11% 21% 77"% 62% 89% 4 C R I A P 7% pf 7 103 -Tjike ...... 'Total sale* 145,458. 88 35 4 2:» 9% l f JJ » 4 18 3.93 5.85 1 5%. 2 a 1.44 4.40 11 in 1.79 8 f 13% i.ti S.TS s% SUGAR TRANSACTIONS Wallboard Merger New York, Aug. 20—iff}—a controlling Interest in the Schumacher Wallboard Corporation, one of the largest enter- prises of its kind on ths Pacific Coast, has been acquired by Paraffin,- Com- panies, inc. In connection with the deal, > public offering of 30.000 shares of Schu- macher Wallboard Corporation partlcl- | pating preferred stock wtll be made at > 125 a share. A portion of this stock has been set aside for the eastern invest- | ment market. Purchasers of three shares of preferred will be privileged to bay one common share at $17. BUFFALOWATIONS (Buffalo In vest man r Bankers' Prfcsai Aug. 20. BONDS Bid Asked Buff. Chemical 7s'41 99 101 Buff-Ft E Bridge Ts '55-... 107 108 Do Ss "45 108 Buff Gen Else 1st 5s '39.. 102% Do ref 5s 'It ............ 101% 101 Buff A Lockp 1st 5s '38... 69 71 BHo N A E Pow 5s'30 .... 99% 100% B A N F E L A P &S '42... 99 101 B A N F E Ry 1st 5s '35.. 71 75 Bfo Natl Corpn Js 96 100 Buff Ry eons 5s '21 83 84% Buff Traction 1st 5s '48... 7u 14 Cataract P % Oood Is :?.. 89 Crosstown St Ry Is '13 ... 83 81% Depew A Lane 5s '$4 100 101% Silicon Sq 1st Is *13 97 98% Hydraulic Pow 1st 5s "50 .. 103 104% Do. ref 5s 1951 281% Int Ry rf A imp 5a '82... 65 C6% Intl Salt 5S '11 14% 86 4-ockport L H A P 5%s '84 101% 103 Nlag Falls Pow 1st 5s '32. 101% ... Do ref. 60 '32 105 New York. Aug. 20 tJ*!—There was no Change in the raw sugar market today, ul a little more activity. Sales included 14.wo bags of Cuban iatt yesterday, and about SO.OOft bags today ••«••» ****** nsd Do 1st A con ts 1950.,... Nthn N Y Utll 5%s '49... tRogers-Brown 1st 5s *53.. Salmon R Pow 1st is '52.. Speneer_ Kellogg 6a '38 ...i from store nsd for prompt shiptmnt at 4.24 cents duty ^^^ W a t e r cv 6s '35 w w paid. . t. mm . _ Do, ex-warrants ^Liquidation ^ • • • t l J i y *£* Isur I * * « * * » » . . chancing v» ..— month* again featured raw sugar fu- tures, and held prices within a range of ©no to I'Otnu. Houses with trade and Cuban connectJOKS were the prlncipsl buy ens, altnough there was also a little outeide demand, prompted by bullish foreign crop advicea A loading Euro- pean authority in a tentative estimate sc the lMv-87 Kuroo«.an beet crop placed tho yleid at 7,284.000 metric nnie. raw of the 19S-2* crop of 7.594.000 metric tons. The market eWedi unchanged to one ponlt higher Approximate aaits, 85. . l i t tons September dosed at 343; De- flsmbsr. 2.59. January, 3.65; March, 167; May. ITS. - The rvfined sugar market was un- shsnged at 5.%0 to 3 80 cents tot fine sjprauniatcd with only moderate demand. CRUDE RONER MLUES AFTER WEAK 0PERIN6 98 BANK STOCKS Community NaL Bank,... 2.»0 ^_ Liberty Bank gf wiTe""th« 'principal I Geneses National Bang .... 1T0 ' ^ iMfrs. A Trmdsrs Trust ... 400 I Marine Tr Co (50) par .... 263 105% 106% 101 % 103 . 8% 7% 101% 101% 103 98 II 269 New York. Aug 2*—Following a qylet and weak opening, crude rubber prices hi the "street" market developed stronger tons and generally clo*?ed quarter of a cent net higher mvox, rubber fluctuated .and 19% pence, »i-i*ing a a London between 19% at the higher figure tor a net l< >•< of one-eighth of A penny. Dealers' spot quotations were as fol- lows: ribbed smoked sheets, 40% cents; first latex crepe. »•»% <-ents; amber No. i t! cent*; clean thin brown creoj, \k cents, and fine up-river Para, 19% Reclaimed rubber prices wars: tire, ahos. 11 ettys.. and tabs SS Peoples Bank STOCKS Alabama Power pf ....... Becker Moore ............ Do., pf. Buff Niagara & E Power.. Do pf .... Buffalo Natl Corpn .10 P' ••eiilM«*tll»itllt Donner Steel pf Dep A Lan L P A C pf.. East States Power ...... Harmon la Insurasos ...... International Ry vtc .... „. I Meir Casualty Ins ....... ' Niagara Falls Pow pf .... i Nlag Lock A Ont pf ..... ! Nlaxara Share Corp ...... ; Northern N Y Utll pf 1 Ontario B scust ........... I Rand Kardex Bur pf ...... Sterling Shoe ............. * Shredded Wheat new ..... j Standard G A E pr pf..., {Syracuse Lighting ........ Do i % % p f Do 7% pf. »••>*••••• ••4>*as>»*-a#4>4> 2% 105 '.'9 H 11% 21% 35 96 13% . 103 16% 91 46 29 81 27% 111% 12% 104 47 95 100 49% 102 l i 333 103 185% 70% 109% Dos.. S s l Pf«_ »»»•!»• »«*••» is Guar .... IM Title and Mtg. Union Nat Gas ..... United Gas A El pf Upsoa Co pf ...... Upson Co A ....... W X I Water wnu tlsAtars ssniilrr: . %»wr-». * t-n^fW" to 34 97 10^ 24 T 18 93 51 30% 91 21% 113 13% 1 3 si ti .j * *• 50% 105 348 « * • •* «<• > •- 11 57 125 21% 25% 73% 27> 4 106% 22%. 39% 1071, 93% 35 2. 35» 48% i 39% 40 123% 37 99 21 21%' 124% 34 104 105 1SSJ4 100% 106% 23% 4 18% TO 81% 71% 23% 65% Wi 33% «*% 43 1«4 .2 41 103% 28 24?i 30 14% 94 76% S*% 83 55% 11% » 39 80 84% 48 11 34 45 113% 113% SI 80% SI... 15% 41V? 45% W'z 33V 4 47% 98 15 16% 89% 19 89 aas 25% 95 62 25% 30% 17% 40 27 35 49% 17 113' j 18% 90 SO* 4 Childs Co 2.40c 4 Chile Cop 2.50 133 Chrysler 3 1 Chrysler pf A 8 47 Coca-Cola 7 5 Collins A Aikman 37 Cot Fuel A ir .... 14 Colum Q A E 5 .. 1 Col G A E pf 7 ... 3 Columbia Carb 4.. 1 Com In Tr pf 7 .. 7 Com Solv B ...... 143 Congoleum ....... 3 Congress Cigar 3. 13 Consol Cigar 10 Consol Distrib ... 152 Consol Gas 5 ...... 7 Consol Textile ... 7 Cont Can 5x ...... 9 Cont Mot .80 .... 17 Ccrn Prod Ref 2.. 3 Crucible Steel 5 .. 1 Cub C Sug pf .... 27 Ct.ba Co 4 ... 925 o I. Cuba Co rta.. 15 Cub-Am Sug 10 .. 1 Cuyamel Fruit 4.. 17 Daviaon Chem ... 27 Del A H u d 9 .... 4 Dr I L A W 6x ... 2 Den A Rio Gr pf. 1 Ostr Edison 8 2 Dev A Ray 'A' 2.40 112 Dodge Bros 8 Dodge Bros pf 7.. 5 Dome Mlns* 2 5 Douglas Pectin 2x 33 Du Pont 14x 2 Du Pont deb 6 .... 22 Eastman Kod Sx.. 7 Eaton Axle A S 2 5 Elec Boat 9 Elec P A L ctfs.. 3 Elec P A L p f 7 . . 3 Elec Ref rig 2x 35 Elec Stor Bat tot.. 3 Engrs Pub Svc 1 Endicott-John 5 .... 80 Erie R R ... 12 Erie R R 1st pf.. 9 Equitable B pf 7.. 4 Eureka Vac Cle 4.. 3 Exchg Buffet 1.50.. 1 Fairbanks Co 5 Fairbks- Morse 2.60 53 34 36% 102% 160% 81 44 82 114 63 93 160 24% 42% 69% 2% 108% 2% 81 11% 45% 74 37% 38% 10% 21% 46% 37% 174% 144 46 135% 36!4 29% 36 301% 106% 117% 2 %i 18% MY. 64% 92 24 65% 33 43% 130 52 15% 3 51 37 Famous Players 10 115% 3 Fad Lt A T 1.40h.. ~ 10 Fed I Mot Trk n.. 1 First Nat Stor 1.50 13 Flak Rubber 1 Fisk R 1 pf cv 7.. 2 Fisk R 1 pf sta 7.. 27 Fleischmann Co 2x S Foundation Co 8.. 2 Fox Film 'A' 4 .... 47 Freeport Texas .. 1 Gabriel S 'A' 2.50* 5 Gen Am Tank C 3 402 Gen Asphalt ...... It Gen Asphalt pf 5.. 2 Gen Cigar 4 . 143 Gen Elec new 3n.. 4 Gen Elec Spi .60 25 Gen Gas A E 1.50k 2 Gen Gas A E B... 767 *Gen Motors 7x .... 9 Gen Mot D 7% pf 7 1 Gen Out Ad 'A* 4.. 12 Gen Ry Signal 4 .... 20 Gi m bel Bros 1 Glidden Co 2 ...... 29 Gold Dust 13 Goodrich B F 4 4 Goodyear Tire pf 7 11 Gotham 2.50 4 Gotham new 280.. 7 Gotham 1st pf 7.. 1 Gould Coup 'A' 2.. 9 Granby Consol .... 30 Git Northern pf 5.. 20 Grt Nor O ctf 1.7S 1 Grt West Sug 8 .... 5 Greene Can Cop . 12 Gulf Mob A Nor 33 31% 32 18% 100 80% 49% 95 69% 27% 31% 45% 80% 122% 50% 92' 11 % 51% 46% 201% 119% 53% 90% 56 18% 50% 50% 108% 58% 55% 120% 15 24% 77 20 95% 20% 35% rs 7 49% •**% 14% 7% 25% 22! 2 | 49% 43% 146 100 % 220 110% 59 11% 35 115% 112% 102 73% 41 26% 47 60 30% 46% 103% 34 27% 149% 63% 85 92 30 12% 35 28 6% 58 35% 70% 32% 70% 17% 165% 155 7% 62 17% 69% 443 /4 29% 150% 8% 41 10 25% 12% 21% 11% 203/ 4 75% 60! 8 89% 102% 53 33% 353/4 102% 158 50 42% 81 114 63 93 156% 23 42 68% 2% 108% 2% 80% 11% 44% 74 37% 37% 10% 20% 46% 36% 167 142% 45 * 135% 36% 28% 87% 11 34% 296',-, 106% 115% 27 7% 13% 96 64% 90% 23% 65% 32% 42',4 127 52 16% 3 50% 115 33 31" s 32 17% 100 80% 49.. 95 69% 26% 31% 44% 76% 119% 49% 90 11% 50% 46 197% 119% 53% V. % % % % % % 1% % 2% 103"; 77 % 66%— % 117 —2.. 80%— % 60%+ 2% 65 — 2% 7*4+ 145%+ 119%— 45 72'/,+ 34%— 31%— 145>4— 1ll%r— 113% + 111 122 67% + 29%- 78 % 7 49%— 94% 14! 2 7% + 25%— I Sty, 49% 43%— % 147%— 1% 100 % 222%+ 1 112 + 1 59 11%— % 35 117% 4- 112%+ 1033 *— 73% 41 25%— 47 — 1 60 — 1 % 30%— 47%— 103% 34 27%— 149% 63%— 85 92 — 2 % 30%+ 1 12%— % 35 28 % 5%— % 58 — 1 % 35%— 1% 71 32! 4 70% 18 + % 165%+ 1% 155 —.5 7%— % 62%+ 17% + 70 44%— 29%— 152% + 8% 41 — 1 10 26% 12%— 21%— 11%— 21 76%+ 81% + 89% 103 + 53 33% 36%— 102% 159%+ 50 8SV4 213-4 26* 4 50' 2 71% 64% 136*4 12% 46% 66% 46% 63% 98% 133 8% 43% 19% 66 49% 67% 47% 21% 126 58% 2% 82 24% 60% 93% 41% .94 69% 43% 50% 11% 156% 42% 143 18% 58% 159 122 44% 28% 87% .61% 32% 51% 63% 137% 24% 30 24% 13% 15% 37 12% 86 49% % % % % % l'4 % I, % re % % 7s % % % — 1 43 81 114 63 93 157'% + 23%+ 42 «8%— 2'/; + 107% + 2% 80%— 11%+ 44%— 74 37 ^=: It % Vz % Ts I % % % '••• 1% 1 37% 10%— % 21 + '/• 48%— 36% 173%J- 6% 144 + 1 45%— % 135%+ % 36%— If 29%+ % 87%- g 11 % 35 + 299%— % 106%— % 116 — 1 % 27 - % 7% 18%— 96%4- 84%— 91—1 23%— % 65% 32% 42%+ 127 52 15'i— 3 50%— 115%— 33 31% + 32 17%— 100 + 2 80%-r .% 49% 95 69%— % 27 % 31%— % "-* 1% 3% 133% 44% 52% 47% 95 4 41% 93% 83% 82 37% 63% 7'/2 33% 38% 15% 66 98% 54 92% 80 42% 73% 40% 89% 38% 68% 14% 46% 84% 84 140% 185% 108 45% 205 48% 28% 42% 166% 67 51% 77% 15% 36 22% 45% 62 129% 108% 14% 75% 83% 45% 28% 76% 78% 46 32 83 23 65% 2% 130 104% 91% 48% 24% 49% 44% 43% 127% 7 42% 119% 124% 42% 36% 114 93% 122 184 47 31 112% 48% 48% 100 42 4 22 % % % m «u* 4 3. » 5 Gulf Mob A N pf 6 107 9 Gulf St Steel 5 . . . 71% 1 Hartman Corp 2.50 26 ! , 5 Hayes Wheel Sx.. 33* 2 2 Hoe A Co 31% 2 Household Prod 3x 43 SO Howe Sound 3 . SS% 13 Hudson A M 2 50 :.3% 213 Hudson M o t o - •* "i S7% 37 Hupp Mo. Gr ' • • 17%, 7 Illinois C 'tr-' 7 . 122% 35 irtd Oil •..»$! .... 24% 2 Indian Refln pf S3 10 Ingersoll Rand 3 . . ICC 4 It Inland Steel 2.50.. 42% 17 inspiration Cop 2-* 85. 89 , 53% 18% 49% 49% 108% 55% 53% 118 15 24'4 75% 19% 9534 20% 35% 105% 71 26% 33 31% 42% 37% 38%N 65*% 26%, 122 24% 93 99% 42 % 1 1 1% % 44> 4 80 + 122 -r 49% 91 11% 51 46 200%— 119% + 53% 90 - a 53%— 2% 18% 49%— 1% 4t%— % 108» g— % 56''4— I'/sI 53' 2— 2%; 118 — 5 15 24%— 76 20 + 95%— 20*s 35' ,— 106'a— 71%- 26% 33 31% 43 37«.r- 38%— 67% ~ 27 + 122%— 24'r- 93 9?%^ 42' 24?*- 56 100 127 15% 63% 83% W% 67% 54% 48'/. 101% 74 138'/, 51 48% W*a 57'a iou 29% 70% OH; 2 109-, 2 28% 24;, »% 17ys 142% 55% 35% 33 tut*4 147% 122;« 95% 31% 69 62% 46% 119% 10% 90 92% 61% 3% 4% 16 M 173 19% 61% 43 48 62% 112% 115 5% 71% 92% 58 158% 42% 19% 39% 75% 30% 71 53% 34% 42'/, 7 88 30% 118 12 30% 103% 86% 34 15% 56 38% 22% 39% 49% 106% 19 22% 22% 6 11 27% 1% 107 30 34 32 82 27 71'., 69% 55 19! 2 33% 5% 22 34% 3 52 74 38 71% 53 25% 38 21% 76 16% 55% 11% 36% 32 84 117 130 93 32/, 175 30% 19% 27% 130% 42 49 65% 7% 30 14% 31% 47 106 102% 8% 63% 31% 13% 56% 56% 34 4% 45% 16% 48% 1% 117 67 70% 36% 16 40 31 19 76% 3 29 85 75% 34% 30% 106 72 115 145% 33 25% 106 32 44% 79 40 16% 41% 95% 83% 8% Stock and div in $• 7 tnt Rap Tran ... 9 Intercont Rub 1 10 Inter Agri •• 7 Int Bus Mach 3, 7 Inter Cement 4 .... 1 77 Int Comb Eng 2..J 30 Int Harvester 5 .... I 10 Int M Marine ... . § 80 Int M Marine pf-.f 1 Int Match pf 3.20. .1 15 Inter Nickel 2...A 80 Inter Paper 2 ..... A 11 Int Paper 7% pf 7. .| 10 Int Tel A Tel 6 . . . . | 25 Int Tel A Tel rts. .| 1 Jewel Tea J, 1 Jones Bros Tea .M 1 Jordan Mot Car 3..| 40 Kan City Southern 1 Kan City Sou'n pf 1 Kayser J. 3 J 3 Kelly-Sprlngfld ..§ 1 Kelsey Wheel 6...« 30 Kennecott Cop 4., 1 Keystone T A R ... 89 Kresge S S 1.20..* 29 Lago Oil •••M 44 Lambert Co 3.50...; 7 Lehigh Val 3.50.. J Lehn A Fink 3 ..• Lig A Myers 8 3x. Jj Lima LoCo 4 Loew's Inc 2 . . . * Long Bell Lum A 41 Loft Inc 9 3 11 1 15 1 Loose Wiles Bis ..J 162% Loritlard P 3 f 32% Louis A Nash 6 ..|137% Louisiana Oil . i . . l 18 Ludlum Steel 2 . . 1 34 122 .... 39 16'- 584 Mack Trucks 6 ..f 133% 9 Macy R H .. 7 Magma Cop 3 3 Matlinson Co . 10 Mann Elec Sup 5.. 15 Mahn Ry M G 6.| 2 Mahn Shirt 1.50 .j 3 Market St Ry pr pf 34 Mariand Oil 4 21 May Dept Store 5. 39 16% 82% 53 24% 42% 58% ..._, __, 128% 1 Maytag 2 1 23 3 Melntyre Pore M ti 26% 1 Met Golf pf 1.89. 12 Mexican Scabd ., 14 Miami Cop 1 .... 30 Mld-Cont Pete 1 Middle States Oil 4 Mid St Prod pf 7 Miller Rub 2 . 1 Minn St P A 88 7 Mo K a n A Tex 7 Mo Kan A Tex pf 17 Mo Pacific ... 37 Mo Pacific pf 4 Mont Power 6 110 Montg Ward . 7 Moon Motor S 7 Moto Meter 'A' 3.i 5 Mother Lode .75 3 Motor Wheel 2 1 Munsingwear 3 . 24 Murray Body .. 37 Nash Motor . 9 Nat Biscuit 4 1 Nat C Reg A ct 3 1 Nat Cloak A St pi 14 Nat Dairy Prods 17 Nat Dept Store) 1 Nat Diat Prod pf 5 Nat Enamel A St 1 Nat Enamel pf I 7 Nat Pw A Lt 80 15 Nat Supply 3 .. 3 Nevada Consol C 1 89 N Y Air Brake 2.. Y Canners 2g " N __ 1 N Y Canners pf .1* 131 N 4 N 2 N 1 N 115 o. '-2 % % » % .: ' z % 94% 25% 109% 167 59 fl6% 38% 248% 109 61»% 79% 71% 88% 109 49% 159% 130* 8 64 2S% 78% 43 22 90 7% 49% 42% 38% 85 57% 42% 27'/, 31% 12% 44'/ 4 4% 24 52 •**% 107% 15 19% 90 2o% 103 43 22 30% 9e's 92 103% 87! 2 18% 51 52% 40*4 118 4% 75 68% 47 1% 1 10% 48 119% 12% 42% 13% 42% 44% 95' 4 103 3 35 78 37% 141!, 84% 2S% 83 . 134 55% 98 22 150 100% 39 45% 48% 50'.-4 101% 36% 117 124% 56% 13% 52 29 Sit Y Central 7 ... Y Chi A St L Y Ch A St L p Y Dock I. N Y A H a r l e m 6 8 4 N Y r 4 H A H w 9 N Y Ont A W 7 Norfolk A Sou'n 27 Norfolk A West 89 Nor Am 10f ... 5 North Am pf 3 122 Northern Paclfi 74 Norwalk T A R 1 1 Oil Well Supply 7 Omnibus 2 Onyx Hosiery 7 Oppenheim Col 1 Otis Elevator 8 1 Otis Elevator pf 7 Otis Steal 2 Owens Bottle 3x 12 Pac Oil 33 Packard Mot 2 15 Paige Det Mot 1 2 Pan-Am Pet A 31 Pan-Am PAT 7 Pan-Am W P • 62 Panhandle P A 1 Pathe Exchg 'At, 1 Penlck A Ford , 31 Penn R R 3 . 19 Penn Seabd Ste 1 Peoples Gas 8 12 Pere Marq 8x &. 7 Pere Marq pf S I. 112 Phila A Rdg C A I 2 Philip Morris . .«,• 103 Phillips Pete 3 1. 1 Phoenix Hos 187 Plerce-Arrow 27 Pierce-Arrow pf 3 Pierce Pate .. 3 Pitts Coal ... 1 Pitts A W Va 93 Postum Cereal 4 Pressed Steed 1 Prod A Ref pf 1 P u b S E L A P 35 Public Svc N J 5 1 Pub S v N J 1 % J 17 Pullman Co 8 1 Punta Alegre 10 Pure Oil Co 1 1 Pure Oil pf 8 317 Radio 1 Radio pf 3.50.. 13 Reading 4 1 Reading 1st pf j 29 Reading rts . 1 Reid Ice Cream 1 *Reld Ice Crm 29 Remington Ty 7 Replogie Steel 22 Rep Iron A St 1 Reynolds R J ' 19 Robert Rs.s ... 3 Royal Dutch 3, 1 Safety Cable 4 2 St Joseph Lead 75 S t L A San F 3 S t L Southwe 13 Schulte R Stor 4 Seabd Air Line 1 Seabd Aire Lin I Seagrave Corp 81 Sears- Roebucy 1 Seneca Copper j * . 82 Shell Un Oil 1*0 9 Shubert Theataf 34 Simmons Co 1 Simmons Co 29 Simms Pete 1 4 Sinclair Oil . 1 Sinclair Oil pf 212 Skeiiy Oil 2 . 7 Sloss-Sheffield 9 South Dairies II South Dairies 15 So Cal Edison 25 Soutnern Paclfi 4 So P Rico Sug 19 Southern Ry 7 7 Southern Ry 7 Spicer Mfg .. 5 Std Gas A El 59 Stand Oil of 34 Stand Oil of N 2 Std Oil of N J 1 Stand Plats G 3 Sterling Prod 9 Stewart Warn 17 Studebaker 5 A... 7 Submarine Boat •• 1 Superior Oil .4... 1 Tenn Cap A Chan 1 20 Texas Co 3... § 23% 11% 15 31% 1% 119% 38% 36 36% 92% 41% 93 79% 70 23% 39% 6% 23% 38% 10% 67% 91% 41% 71% 71 28 48 25 82 21% 68% 13% 48% 45% 84 137% 177 100 39% 192 46'/, 25% 41 162% 54% 61% 77% 9 34 15% 39% 61 120% 108% 9% 71% 1% 37% 16% 66 67 37% 15% 54% 20 54% 1% 122% 103 90 42% 23% 48% 40 31 124 3 32% 108 104% 40% 31% 113 91% 120 180 35% 26% 111% 47% 48% 95 40% 18% 46 M% 120% 10% 59 97% 11% . 50% 60% 44% 99% 1 68 F 48% 34% 37% 13% 56% 5% 29% 81% 33'/, 107% 16% 21% M 36% 132 53% 30% 31% 107 112% 121 94 22% 54% 61% 43% Low 43% 15% 14 48% 53% 54 130'/, 6% 27% 63% 36% 58% 96 116% 7% 41% 12 24 43% 67% 39 12% 95% 56 % 49 21% 57 88% 36'/, 34 61% 40% 44% 7% 160 32% 135 15% 34 130% 120 38% 15% 81% 53 24 41% 57% 125% 23 26 23% 10% 14% 31 1% 119 37% 36 36% 91% 39% 91% 79 68 23 39% 6 23% 36% »% 56% 91% 41% 71% 70 26 48 24% Net Last Ch'g 43%- 15'/4— 14%^- 48%- 53% 55 + 132 6% 28 63%- 38%— 59%+ 96 + 116%— 7%— 41%— 12 24 '4 i East Buffalo. Aug. 20. 17. S. D e p t of Agriculture.) CATTLE—Receipts were estimated at 400 although a few loads of holdovers raised to total offerings above that figure. Medium grade light butcher atock. which made up ha!f of the run, was not in demand and only on.' minor sate was recorded. when some 850 pounds mixed offerings were steady at $7.50. Cows again ruled steady under a fair demand. Low cutter and cutter re- actors made 12 25 to 3.75. A lew me- dium cows brought $5. ,;- CALVES—Around half of the 700 of- (f ! ferings were Canadians while the others (' I were mostly choice native kinds. Ah /* i early clearance was made at steady % 1% early clearan-- —. prices. Choice natives scored $15 the shipped-in offerings usually $15.50. Medium kinds sold down SHEEP and LAMBS—A " 8- 67% 39 $f, "ST 50%— 21% 57% + 89 -r- 36%+ 84% 4 % % % '2 % % % vaiuf s. 61%— 1% % % '•• 40%— 44%+ 7% + 160 + 32% 137%+ 16 34 131% + 120 38%— 16% 82%+ 53 24 41%— 67%— 126%— 23 26%+ 23% 10%— 15 + 31%— 1% 119%— 37%— 1% % B :-4 % % % % % % % % % V'4 % % % Hi % % % % 21% 67% 13% 44% 44% 84 136 176 100 39% 192 44% 24% 40% 160 53% 50% 76% 8 34 16% 39% 60 120% 108% .»% 71% 1% 36% 15% 66 66% 37% 13% 54% 20 54% 1/a 122% 101% 90 40% 23% 47% 40 29% 122% 3 32% 108 102% 40% 31% 113 90 120 177% 35% 26 111% 45% 48% 94 40% 18% 46 98% 118 10 58 97% 10% 50% 50% 36 36%- 92%+ 40%— 92%+ 79 69 23 39%+ 6 23%+ 86%+ 10%+ 1 57%+ % 91%+ % 41% 71%— 70%- 26 48 24%— 82+6 21%- y* 68 % 44%— 1% aaM 84 136%— 176 100 39% 192 45 24%— 40%+ 162%+ 64%— 61%+ 77%+41% 8%+ % 34 15% + 39%— 60%— 120% 101%+ 8%— 71%— 1%- 37 15%— 66—2 M% 37% 14%— 1% 54% 20 64%- w 122%+ 102 — 1 80 41%+ % 23%— % 48 + % 40 — 1 % while j made ! to $12. ! __ late count showed around 1,000 fresh and 250 hold- i over sheep and lambs here. Trading ruled active with practically steady A small choice lot of l a m b s ;i4.65. but the bulk of the good offerings went at $14.50. Culls usually scaled at $10 to $10.50. Some good 120 pound ewes scored $6. while heavies landed at $4 to $4.50. Lambs, good to choice, $14ti'14.15; cull to me- dium, $10® 13.75; inferior, $6.504fl. ewes, light and medium weight, good and choice. $5.50416.75; heavy, $4«f5.50. HOGS—Uneven trade featured deals on the 2,400 fresh arrivals and 804 hold- overs. Strong to 23 cents was the trend on most sales with the heavyweights scoring the bigger advance. The top reached $14.50 for fifth time this week. Most of the good to choice kinds up to 200 pounds went at $14.25 to $14.50. A load of 246-pound butchers scored $14. Those averaging 280 pounds up com- manded $12.25 to $12.75. Packing sows ranged from $9.75 to $10.50. Very few pigs passed $14. Quotations—Top on 130 pounds up, $14.50, bulk of all sales $13.25 to 14.50: 300 to 350 pound averages, good to choice 112.25® 12.75; 250 to 300-pounds. $12.75® 13.75; 225 to 250 pound. $13.75f»14.25; 200 to 225-pound. [email protected]: 160 to 200- r ound, [email protected]; 130 to 160-pound. 14.00 to $14.50; slaughter pigs. $13.75© 14.25; packing sows, $9.75® 10.50. In Chicago Market Chicago. Aug. 20—Cattle—Receipts, 2,000. Close steady; slightly higher than week's low time on moat killing classes; nothing choice offered; few fed steers, $8.25®9.25; grassers, $7.25 downward to $6.50; supply of both fat and feeder cat- tle cleaned up; stocker and feeder trade higher for week; meager cow run mostly $6 downward with low cutters $3.75®4.15; medium bulls, $6.25; steady; R^mmhla for few vealers at 25 cents % % VA VA % % % 2 % % 1% % % % % % scramble for few higher, mostly $14® 14.50; few $16. Hogs—Receipts. 16,000. Uneven; light and light lights In broad demand; gen- erally 10 to 15 cents higher; few early sales on other weights sharing advance; late market, especially on heavy sows and butchers, 25 to 40 cents lower tha/i yesterday's best prices, spots of more; few medium weight butchers included in late downturn; top, $14.10; choice 140 to 200-pounds up to $14; bulk 210- OOUnd d o w n w a r d , $13.50 to $13.95; bulk 240 to 280-pound butchers, $12.35 to $13.10 late; Z90 to 350-pound butchers, $11.50 to $12; most sows. $10.55 to $10-76. Snippers took 4,500; estimated holdover, 4.000. Sheep—Receipts, 8,000. Fat lambs mostly 25 cents higher; top seven doubles Nevada lambs, $14.25; Idaho and Washington lambs held late at prices upward to $15; top natives, $14.65 ta packers and city butchers; bulk, $14.25 to $14.50; some downward to $13.75 and below; heavy buck lambs around $12; culls, 25 cents higher, mostly at $9.50; some sales up to $10; sheep steady; bulk fat ewes, $6 to $6.50; feeder lambs strong to 25 cents higher; top, $14.50 for 501 pound; heavier kind salable around $13.50. Industrials Sales Stock High 23 Allied Pack pr pf 201 100 Am Brown Bov . 20- 10 Am Cyanam pf.. i*Q ?00 Am Gas & El .. V7* 275 Am Lt & Tr 223 SO Am Pub V 1% pf ;»7* 10 Am Pow & Lt pf ^7' 100 Am Seating vtc. 33' 300 Do pf 37 < 300 Am Superpow B. 30' 100 IX. pf 26 500 Am Thread pf .. 3' 50 Arundel Co 34 1 2100 Assoc G A E .... 37 1100 Atl Fruit 1 50 BnJab & Katz ctf 74 100 Bonn Alura ..... 14 400 Borden W 500 tBradley Flrepr.. 55 100 Bridgeport Mach 7 400 Brill Corp A 37 100 B r i t - A m Tob c . 24 1200 Do rts cash ... 1 100 Brockway M T . 41 100 Bklyn City RR . 7 100 Burdmes 15 100 C-G Spring 12 SO© C a n D r y G A t e . . 46 210 Celluloid pf 70 75 Celotex 201 100 Do pf 97 100 Central Stl 70 400 Centrlf Pipe 20 100 Chi Nipple B T . 29 100 Colum El Pw wi 53 20 Columbus El Pw 255 200 Colum G & E w i V8 300 Do pf wi 96 1500 Comw Pow ...... 4f 200 Do pf *$ 150 Do wnts ...... 65 500 Cons Laund M 500 Cons Gas Bait .... 53 5800 Cont Bak 'A" SI 14700 Do 'B' IS 1300 Do pf 83 200 Cont Tob 2( 200 Curtis Aero 11 1200 DeForest ctf .... I 1000 Dubllier 1 2500 Du Pont wi 133 35600 Durant Mot ...... 1! 200 Dux Co ctf II 2600 El Bond A Sh... 71 1300 Ely Investors 4* 2200 Estey Wilde 'A'.. 2' 100 F a c e d Motors .. 70 Fa Jar do Sug .... Ill 100 Film Inspec I 50 Firestone pf 10 Ford Canada .... 700 Foundation fgn.. 600 Fox Theater 'A'.. 400 Franklin Mfg .... 2000 Freshman 1200 Garod Corp ...... 1300 Gen Bak 'A' 1600 Do 'B' 100 Gen Necessities... 100 Gen El Ger rets.. 9100 Gen Motors wi... 100 Gen Pub Soc pf.. 600 Gillette Saf Raz Last 120 97 » ; Caution seems to be the watch word ••7% In brokcr-vge circles. There is no grea* 33% amount of out-and-out bearishness. out 37% with th« market still under fire from 30u the professional element, the maiority »j I o( commission houses are urging clients "jvlto pro«ed slowly in following any up- 34% : t l , r n * **<«' * r « recommending the pur- jg»? chase of only those stocks that havs H* •. shown rbllity to withstand selling. 71U I Leading issues have given little |ndi- - •- cation of pool operations in the past few days ar.o while the groups that have been at work In prominent stocks sre, perhaps not dissolved, they at least are lying dormant until prices reflect suf- ficient adjustment to favor a resurnp* tion of operations. The rails are stilt considered to be in an attractive posi- tion and it is believed that much of the profits taken in the past month are re- entering the market in this direction. Mack Trucks' Strength Renewed buying of Mack Truck* which has been in steady progress sines UK* stock sold around 120 is another pus- xle which the speculative element tn ths street is trying to solve. The two lead- ing Stock Exchange houses which had been looked upon as controlling market operations and directing movementa ttt •- - - «_.«. , „ ststtmenta 497% 497% 497% Mack Trucks, according to . made by their affiliations, have taken no part In the buying, but instead soma Interests closely associated with then huve disposed of speculative lines, the last of one large block coming on ths market below 110. It was commented upon at the time that the market ad- vanced while this liquidation and pronU taking was in progress. Or. Thursday, when formal denials were made that General Motors has no intention of endeavoring to obtain con- trol of the property, the stork suffered a break of five points to 121, and it was then supposed that those denials ended the movement. Accumulation has been resumed, however, and the only expla* nation is that seme new interest or group Is accumulating the stock for special purposes. In Peculiar Position. Philadelphia A Reading Coal A Iron Is now about half way between its high and low of the year following the ad- vance of more than three pointa in tho last few days. For a time the stock war under pressure because of unfavor- able earnings following the long " nMl coal Flour and Feed % % meal, 36 per 1 FLOUR—Steay. Less than carlots, per barrel. In one-eighth barrel paper sacks: Best patent, $10.20® 10.26; bakers, $8.75®9: first clear, $8.26®8.35; pastry, 39.50; graham, $9; light rye, $7.40 ©7.50: dark rye, $5.45®5.50. F E E D—Demand limited, receipts small. Per ton, less than carlots, fob. mill-sacked: Bran. $28; standard mid- dlings, $29; flour middlings, $35.50; red dog. $40; cracked corn, $38.50; hominy,! white, $36.50; yailow, $36.60; linseed , meal, 34 per cenL, fIS: linseed meal, 32 per cent., $46.50; cottonseed meal, 43 per | cent, $41; cottonseed cent., $38. Boston Stocks Aug. 20. High Arizona Comml 12 Amoskeag Calumet & Hscla .. Copper Range Edison Elec Gillette , Hardy Coal Island Creek 181 Isle Royale 13% Mass Gas 83 Mohawk 40% New Cornelia 23% Torrlngton Co 69 Tower Mfg 11% Utd Shoe 60% Utah Apex 8% Waldorf 21% Warren Bros 50 Detroit Stocks 51 18 17 229 92% 17 Low Last 11% 12 60% 17% 17 229 92% 17 181 12% 82 40 23% 68% 10% 50 8% 21 49% 60U 17% 17 229 92% 17 181 12% 83 40 23% 68% 11% 60 8% 21% tt% Aug. 20. Contl Motors Det Creamery Fedl Mot Trk n Houseman Spltzley Mich Sugar Packard Motor Paige Motor Parke Davis Reo Motor 21% Timken Axle 13 Truscon Steel 26% High 11% 41 31% 32% 8% 37% 16 123 Low U% 41 31% 32% 3% 37 15% 123 21% 13 26% Pittsburgh Stocks Devon Ion Oil. Lone Star Gas 16% 39% Ohio Fusl Corp 41% Okla. Nat. Gas 28% Pitta PI. Glass 290 Salt Creek Cons i Std. Sanitary 100% Waverly Oil 42 16% 39% 28% 290 S% 100 41% Last 11%, 41 31% ! 32% i 3% 37 16 , 123 21%' 13 i 26% 16% 39% 41% 28% 290 9 100% 41% 800 Glen Alden 17.4 1800 Goodyear T & R. 35V 100 Grand Stores 65 300 Hap Candy 'A'... 64. 100 Hellman 14* 100 Hellman pf 31* 100 Heyden Chem .... 1| 100 Hires Co (Chas E 23V 100 Imp Tob C B A I 27 V 200 Inter ProJ I1V 100 Inter Utll "A"... 30 1000 tKeystone S L... 42 150 L V Coal Sales 94 2100 L e h P w 8ec n.. 17? 3200 Leh V Coal .... 421 100 Lib McNeill n... 8V 700 Mesabl Iron II 75 Met 5 A 10c pf 38^ 100 MidlW Utll .... 112« 100 Mid West Utll p 1 117 200 Mohawk Valley.. 39 500 Municipal Svc .. 21 300 Natl Baking 121 300 Nat El Pow A.. 24 100 Nati Pub Svc A 191 100 Nev Cal El 22 20 New J Zinc .... 193 100 N Amn Cem.. 21 1100 Northeast Pw... 19« 4UW Nor Ohio P w .... 16« 600 Nor Sta Pow... 10 Ohio Bell pf .... 100 Ohio Fuel ICorp 100 Ovington pr pf.. 9' 100 P a c Stl Boiler.. 13 120 P e n n W A P w . . 154 10 Phelps Dodge... 115 300 Pick Earth ct.. 13 40 Proc & Gamble. 138 100 Puget Sound .... 28 400 Purity Bak A .... 45 300 D o B 39 100 Pyrene Mfg 12 1000 Rand Kardex .... 43 20 Rlty Assoc Brk. 117 200 Rea Motor 21 6500 Rickenbacker .. 5 2100 Servel Del 18 200 Seeman Bros wi 28 100 Silvers Bros .... 2T 100 Sierra Pac El .. 27 400 Silica Gel 18 1100 S E P w A L t . . . 29 200 Do part pf .... *6 100 D o w n t s 9 : 400 South G A P A. 21 100 Stand Pub 7 400 Stanley Co Ams. 81 400 Swift Ipternac .. 20 60 Swift A Co 115 2600 Texas G Snip wl 41 600 tThermlodyne .. 50 500 Thompson vtc .. I 1500 Timken Axle ... 13 500 Tob Prod Exp .. 3 900 Trans Lux DP .. 8 100 Trumbull Stl ... 11 100 Truscon Stl 26 20 Tub Art Silk ctf. 188 100 Tungsol Lamp . 8 200 D o A 18 300 Utd El Coal ctf . 13 100 Utd Biscuit B . 300 Utd Gas Imp . 1800 Utd Lt & Pw A. 16% 100 IT 8 Lt A H t . . . 22% 400 Utll Share 9% 100 Do opt 2% 1100 Victor Talk M .. 96 1800 Warner B-Plct B 28 100 Wesson Oil ct .?* 1 strike, but with the settlement of that strike the outlook apparently is assured as far ss labor is concerned for the next ten years. So far this company has not gone on the dividend list, although prior to the coal strike last year it hsd been thought that it would be placed on a $4 annual basis. The position of the stock is compli- cated because of uncertainty regarding the attitude to be taken by Baltimore A Ohio on the "rights" on 600.000 shares of Reading stock owned by B. A O. Tha advance in the coal stock has material- ly improved the value of those "rlghti" and may be a factor In causing liberal bids to be made If the Baltimore A Ohio should elect to retain Its holdings of Reading railroad stock and dispose of Its "rights" in the coal property. 400 Ohio Oil 100 Penn-Mex Fuel. 1700 Prairie O A O .. 100 Prairie PL 10 Solar Ref 3300 Std Oil Ind 100 Std Oil Kant... 100 Sid Oil Ky ...... 100 *Std OH ->«hr-- 6400 •Std Oil N Y... 10 Std Oil Ohio .... 300 Vacuum Oil 60% 69% 6f% 20 M M 31% »•'*• 125% 125% 109 209 64 61% 21% 21% 123% 121% 122% 49% 49 49 52% 32% 12% 305 $0* 305 102 101% 111% 5< % 123% 204 21% a, " 100 Do pf 96% 900 Anglo Amir ,.,, 17% 50 Do non-vot ... 17% 100 Atl Loboa 1% 10 Bor Scry ....... 285 150 'Buckeye P L . . 47% 900 Continental 20% 100 Eureka P L .... 49% 1500 Humble Oil 80% $00 Imp OH Can .n.. 36% 50 Indiana P L .... 59 8800 Inter Petr 14% 100 Natl Transit .... 14% 21% 14% independent Oil* 1700 A m Controlled... 1% | ! 400 tCardinal Petr... 55 11 300 Carlb Synd . 14% 14 1600 Cities Svc 44% 44 100 Do pf •. !»% W 2000 Colombn Synd... 2% 2 300 Cons Royalty ... 9% 9 100 Creole Synd 14% 14 100 Crown Central... 2% 5 600 Euclid OH 1% 1 23300 Gibson OH 4 " 200 Klrby Pete 2 2 1200 Leonard OH 400 tLivinsrston Petr. 75 75 100 Lone S»ar Gas... 19 19 100 Mariand Mex ... 2 2 2600 Mex Panueo 4 3 100 Mount Gulf 1% 1 400 Mount Prod .... 24% 24 70 Nat Fuel A Gas. 155% 134 900 N e w Mex & A L 12% 12 1200 North Cen Texas 10% 10 7000 tNo'west OH .... 8 6 700 Pandem OH 8% I 600 Red Bank 10% 20 2300 Relter Foster ... 27 26 142O0 t R o y a l endn .... 75 19 700 Salt Cr Cons .... 8ffc 8 300 Salt Cr Prod..,. 10% 100 Savoy OH 2% ! 200 Bhrevep El D... 800 Tidewater Assoc 100 Venez Pete .... 200 Wilcox new ..... 16000 tY Oil A Gas.. $0 28 Mining Sales Stock High Los 5000 Urn Tin A Tunc 2 2 5000 tArlz Globe .... 13 II 700 Cons Cop Mines, 2% %* J000 tCortea Silver... 9 T 200 Cresson Gold 2% 2" 1000 tDoiores Esp 39 29 500 Engineers Gold.. 6 5' 107000 tEureka Croesus 16 10 11100 t F a k o n Lead .... 69 67 500f) tFlorence Gfd .. 9 9 100 tForty-nine M .. 12 12 2000 tOold Mines..,.. 2 1 400 Golden Center .. 2% 2' 5000 tHawthorne 13 12 100 Heel* Mining . '" 3400 Kay Copper ... 200 Msson Valley... 320"0 'National Tin .... 20 200 Newmount ...... 66 86 400 NY Honduras .. 12% 11 1000 Nlpissing 6% 5% 1000 Noranda Mines.. 19% 16% 200 tOhlo Copper 68 II lOOOO t P l y m Lead .... 11 11 100 So Am P A O.. 5 1 2000 tSpearhead ..... 4 4 900 Teck-Hughes .... 4% 100 tTonopsh Ext .. 50 10 1000 Utd Vsrds E x t . . 21% 28% 1000 tUnlty Gold .... SO SO •Ex-dividend; tcsnts per share. 21 ii —1926— Salts Stock and High Low in 100s div In S % •/a 29% 31% 98% 32% 52 78% 21% 23% 85% 110% 32 81 85% 18% 39% 85% 7 pf 7 '/4 5 Va-C Cham 36 Vlvaudou 21 Wabash R R 7 Wabash pf 'A' 5.. 2 Waldorf Syst 1.25. 2 Walworth Co 1 ... 74 Ward Baking 'B\ 1 Ware Baking pf 7 77 W a r n e r P l e r ' A ' 2 1 Warner Bros 1 Websr Heilb 4 ... 2 West Maryland .. 4 Western Pac 1 West Pac pf 1 ... 2 Western Un Tel 1 22 Westtngh Air B 6x 113% 137 Westinghouse El 4 6f% 7 Weston El Ins ... 9 Wheeling ALE.. 1 Wheel A L E pf High 91 11% 46 75% 21% 16 38 •1% 10% 41% 51% 12% •5% 145 18% 24% 43% Low 90% 21% 44% 75 21% 16 34 •1% 21% 4SVs 56% 12% 88% M'/', 141 131% 61% 17% 24 43% Nst Ch'g. % Last 91N + 11%- % 45%— % 78 21%— •% 16 84%+ 1% •1%+ Y$ 49%— 5*%— 12%— s?v5— •5%+ 145 112%-*- 1% M%— % 11% 24 - % 43%- H —1921— Sslss Stock and High L o w In 100s div In I 1 % % % 21% 90 49 34 99 12% •1% 22 222 19% M 16% 106% •5 25% 61% 47% 18 91% 1 42 14 ISsVs 24% •0% 20 91% 1 White Eagle OH 2. 21 White Mst Car 4. 2 Whits Iwg Meh pf 145 Willys-Ovtrld .... 2 Willys-Ovtrld pf 7 2 Wilson A Co n 1 Wilson A Co pf .. 2 Wilton A Co ctf A 17 Woolworth FW 4x 6 Wright Atro 1 ... 1 Yale A Town* *x. 73 Yellow Truck .75. 1 Ytl Truck pf 7 ... 29 Youngstn ShAT 4. High ft M 10 M 112% 31 67 so% 1M% •1% Last * e—Plus 4% In stock, d—Plus 2%% In x—Plus extras. _ . — _ stock, a—Plus 1% In steak, f—Percent payablt g—Plus 5% In stock, k—Cash or stock optional, h—Partly Mock, n—Plus 11 a share In sptclsl stock. " " pVarying rate—this la currant. In stock. •— Ex-dividend. •K+ % 85%- % 73i/«— Vt METAL MARKETS New 3- 43 Tex Gulf Sulp 10. 17 Tex A Pac C 19 Texas A Pac 9 Third Ave R 11 Thompson J *#•• 7 T i m k e n R o l l e r * . . 84 Tob Products 21.. 3 Tob Products «m' 49 Transscont Oil*.. 4 U n B a g A P * $ # • 27 Un Carbide A 43 5. 4 Un Oil of Cal E . . 19 Union Pac I f . • • 2 Union Tank Car 5. 2 Utd Alloy Steal 2. 72 Utd Csgar S 10 United Drug 2 Utd D 1st pf 1 United Fruit 2 Utd Paper Be 17 U S Cast Iron! 2 U S Cast tron;J»f 7 27 U S Dist ..-.«-•• 105 U S Ind Alco; 7 US Realty A II 29 U S Rubber 1 U S Rub 1st 4 U S Smelt 3. 2847 L S Steel 7 JUS Steel pf 1 L S Tobacco 34 Univ Pipe . .•>• 1 Univ Pipe pf l l . 12 Vanadium Cosp 1 Van Raalte .&. 1 Va-C Chem 1 f f , York. Aug. 20—Copper was lo- % 1 active today, with leading producers still offering the red metal at 14 1-2 cents a pound, delivered In Connecticut valley. There Is some "second hand" /•, copper on the market, however, which 1 can be bought below this figure. % I A quiet but easier export market pre- % | vailed, being quoted at 14.35 cents. I f. a. s. New York harbor, and 14.60 % c. 1. f. London, Hamburg or Havre. % 1 The New York Metal Exchange % ; quotes: Electrolytic copper: spot to October. ' 14.20®14.30; steady. Tin—(Straits shipments): spot and August, 64.87% ® 66.37%; September. 64.75®63.12%; October, 6417%©64.75; % Vm 8.90 nominal; "Lead*: spot to October, dU Zi'nc- East Saint Louis spot to Oc- tober, 7.40®7.50; firm. Range of Coffee Prices 10. •p4 Aug. 2C Sept. Dec. March May July 59/4 + 107 j 38 — 1 150 %' 128 %: Kn% . ; 63 ; Oct .... 22%— % l Dee... 73% T 1 Jm« .... 40%— % Mar... 15%— %,M*y... Open IS.17 17.40 16.68 16. IS 15.90 High IS.21 17.43 16.SI 16.30 15.94 I*ow 18.10 17.30 16.62 11.17 15.85 Close 11.20 17.43 16.tl 16.20 15.34 Range of Cotton Prices 20 Open Highliow Cose .. lfi.7* 16.t2 . 16.73 16.78 16.77 16.M 16.97 17.04 17.01 17.IS 11.97 17.00 -..^BISS & . . . . < : ; " . . . - 16.74 16.72 H.79 17.01 17.13 17.09 P.C1. n is 17.35 IS.70 16.19 15. $7 P . CI. is. n 16.71 16.77 it .69 17.12, 1240' WATCH tor STARTLING ANNOUNCEMENT PINEHURST Lake Shore's Choicest Subdivision Uberty Bank Bldg. Seneca 6480 A - * I ' (' ?' 1 f •1 1 * i i i Thomas M. Tryniski 309 South 4th Street Fulton New York 13069 www.fultonhistory.com

Transcript of STOCKS-BACK AND FILL, 21/Buffalo NY Courier Express... · the recurrent weakness In stocks like...

Page 1: STOCKS-BACK AND FILL, 21/Buffalo NY Courier Express... · the recurrent weakness In stocks like United States Su-> ' common. General Motors. Central Leather. American Radiator and

A , *

"•'

BUFFLO rnrRIER-EXPRESS. SATURDAY, AUGUST 21. 1926 9

STOCKS-BACK AND FILL, WJ/W^^J^^mjUST^^J^^^^ Foreign Exchange

-• N E W YORK STOCK E X C H A N G E T R A N S A C T I O N S LIVESTOCK MARKETS N. Y. CURB EXCHANGE

AT LOW LEVEL FOR THIS WEEK

Leaden seven to ten points under record, (or year, made

recently

D. & a ATPEAK PRICE i_

Other railroad snares, however, fail to respond to big

earning, forecast

Xew York. Aug. 20—Last prices <ln l e w ofTxcha. it on the principal for­eign countries today-

T o t a l sales, 1,584.300 shares T o t a l sates 1926 to da te . 292.106,500 shares

F R I D A Y , A U G U S T 20, 1926. T h u r s d a y . T.657,400 shares. Same day

Last year, same date, 265.546.aw last year . 1.463J shares.

tares.

Gt. Britain, pound . Canada. Dollar Fra n ce. franc . . . . . . . Italy, lira. Belgium, franc . . . . . . Switzer land, franc Hoi.and. gui lder . . . Germany, re i chsmar* Austria, schi l l ing . . . Greece, drachma . . . Sweden, krona . . . . . Norway krone . . . . . Denmark , krone . . . . Spain, peseta Hungary , pengo . . . . . Bulgaria, lev Caecho-Slov. . krone . Poland, attoty . . . . . . . Finland, markka . . . Rumania , l e u Jugo-Stav ia . krone . Argent ina, peso . . . . . Brazil, milrels. . . . . . . Chi le . M M . . . . . . * f , » Hong Kong, dollar . . . Japan, yen . . . . . . . . .

Demand 485.4375 100.1362

2.1573 8,3771 2.73

19,31 4 0 > 8 •3 .10 14.125

1.11 28 .7 f 21.92 26.57 13.49 17.57

.7$ 2.9523

12.00 2.53

.47 1.7673

40.48 , 15.40

12.15 , 52.8125

43.00

Cables 485.9375 I

—1926— Sales Stock H i g h L o w in 100s div 8 7 % 7 0 %

21.77 21.92 26.58 15.50

By C H A R L E S A . L O V E T T R a w York. Aug. 20— R e n e w e d l iquids

t i o n . a n d considerable epecuUUive eiMing • for tt)s decl ine were effect ive in 4epre»- j M . / i r I_ A.

i v a l u e s In the s tock marke t today £k cttfitt #>t \lCLTK6t new low levels for the m o v e m e n t , / l t , M W " v t lWM « * * * * w "

_ rallied s l ightly before the close. d o w n w a r d m o v e m e n t s tarted in the

noon after a period of Irregularity staring whicthere w e r e t i m e s when It appear'-d a s if the se l l ing m o v e m e n t had M e n s t e m m e d Strong eupt-ort w a s e x ­tended to the p.votal industr ia ls , but t h e recurrent w e a k n e s s In s tocks l ike Uni ted S t a t e s Su-> ' c o m m o n . General Motors. Central Leather . American Radiator and others , induced a reoump-

dlrect ions .

53.©625 48.25

vdz>

123% W e

Such as Present Hard to Prophesy

"We are again experiencing those sud­den reversals of sentiment and market action which -——.-.«- » , the distributing process this are usually a sale wnen iney mvm

- - t - .K. , , . t K o v l o o k

are so characteristic of Markets like

felt

t ion of liquidation In many directions. | h - ar» T-ua.v « ,,» c ....... ... „ The rail stocks turned lower with the in- best and a purchase when they dustriate, with the exception of Dete- w o r » t , " says Moody's Review. war* A Hudson, which advanced f% "Investors since early June have jo int s to a new high level at 174% j e i M , enthusiastic than stock traders; for *:.d held atl but one point of the grain. W h e r e a , active stocks have made a net gome of them however, ftrmtd up a bit - , „ o f t h l r teen points since June 12th, *"*LI 0 # a*sr* . .,_ * i r — ' —«»— h.»« »ctu«liy sagged a lit-

Trade new* was not of the character to account for the fresh selling today, though It was reported that steel mills were reducing operations slightly. A ?nore cheerful view of credit conditions

gain ot imneen yumi . ».....« . . . bond prices have actually sagged tie. York re-

71»

- The advance In the New discount rate does not look like a de­pressing factor of any Importance; the

«._. JJf'V'if 7**,w -v" „*•"****; *•"•"—re—I past does not show any constant rela-t u srJi'oon i n d , S ^„ n n l r t . ° t h ^ S C ^ i l » o n between re-discount rates and stock) TO Its^aert^RaSsi I f . o ? m l lliiF£ II m « r k ^ movements. The main question \* f a s s r v t Bank, was of little avail m re-> , whether general credits are going to storing confidence In the market. Re- JT.J7, «« ««.nA!«»••• (Sets that leading operators, who had ****' o n M p a n q m g -made large profits in the summer rise, were withdrawing from the market, combined with a natural pre-holiday 1 hesitancy on the part of professional j •peculators to extend, affected practical­ly all of the recently active favorites and turned them lower.

An announcement that W. C. Durant I

EARNlNGSRErORTS SOUTHERN CALIFORNIA EDISON

Company's gross earnings for July amounted to $2,714,896. compared with $2.33.1,502 for July. 1923. a gain of ap-

^ proximately 16 per cent. Net earnings Motors and Hudson Mo.or* were offered I a f t € r <>P«™tli}a; expenses and taxes f sale a" c o n c i s i o n s ? I amounted to $1,857,753. against $ 1 ^ 4 ,

%

Would sail for Europe Tuesday was re- ] t, •carded as s'gnlflcant. when several *" blocks of United State* Steel, General p£ Motors and Hudson Mo o n were offered ' * for sals at concessions.

Forecasts of reYord-breaking earnings for the important earners last month . I.1.M1 to stlrmilate buying Interest in that ar mi. The heavy buying move­ment In Delaware & Hudson In the last hour checked the decline in many of the raits and turned some of them upward. But losses on the day were quite gen-Sral throughout the group. The expec­tations were Northern Pacific, which seeninl under accumulation, advancing t s T7% for a gain of 1% pointa over yesterday's cos ing price. Missouri Pa­cific, Union Pacific. Rock Island and Chesapeake A Ohio were strong spots.

• I f Industrials Waver As usual, speculative Interest con­

verged on 17. 8. Steel common and Gen-srsl Motors, the two stocks which more than any other had been used on the rise to generate bullish sentiment. The demand for Steel around ISO was very good: so good, in* fact, that all the sell­ing the early session was absorbed with-ou* difficulty, and eventually the quo­tation was bid up to 152. On the after­noon raid, however, the price broke be­low 149, when renewed buying came to, sending it back to 150. General Motors moved on parallel lines. Selling ex-

fuvldend SI.TS In cash. It opened Tower, hut recovered the dividend, only to break to 197% In the afternoon, in the final half hour fresh buying appeared and the price moved up sharply to Sut)%. fo<* a gain of about a point on the day.

Other high priced stocks were weak, of them sinking into new low

..'tl. However, s few new candidates speeulatlvs favor were bid up with

Ce success, Philadelphia. & Read-Coal, for Instance, was advanced

mors than a point at one time. Radio Corporation had s sharp rally.

ward Baking B responded to news of dividend declarations for the preferred • n d class A stock. American Republic. Htds and Leather preferred. Interna­tional Papsr, American Ice and Loose-Wiles were other strong spots. In the oils Atlantic Refining and General Asphalt forged ahead, the latter sell­ing at a new peak price for the year. Mark Trucks sold at lii% on an early Wlge. but dropped bach to 111%.

TGIMKroiAWaETS (Quoted by A. J. WrUht A Co.>

Golds

A r g o n a u t . . . Atlas . . . . . . Baldwin . -. Bswry . . • • • Btgood Buckingham. C W Dome Dome Mines Goldale . . . . Gold Reef . Hollinger Hunton . . . . . . Ksora . . . . . . . Klrkland Lake Lake Shore . . Melntyre . . . . (oaeta

*«•• « « »« •

Lake

| . • « • SJ. 4M

• * • • * s * * • e

Bid 23%

2% 8 %

8 3 % • % I

10 11.05

33% 1%

19 40 13

IK 1.01

14.05 S i . 15

14 88%

18.80 1.14 I

4 . 4 1 a% n 1.81 •.to

A s k e d 24

S 3>4

63 ? S

24% 11.20

34% 3

19.55 14

3% 1.08

14.18 16.50

14% U

2 15 t

4 44 49

ilw 3

613 In the same month last year, while thrf balance after fixed charges amount­ed to $1,159,529. against $1,254,253. ac­cording to advicea received by E. H. Rollins A Sons.

Net earnings for the first seven months of the current year, after oper­ating expenses and taxes amounted to $1<»,20S,G09, compared with $9,322,894 in the corresponding period of last year, an increase of $885,714, or approximately 10 per cent.

On July 31. balance after fixed charges amounted to $6,776,279, compared with $6,512,309 on July 31. 1925.

OPPEXHE1M, COLLINS & Co. re­ports for the year ended July 11, 1926, net Income of $1,567,800 after depreci­ation, taxes, etc.. against $1,038,337 in the preceding fiscal year.

WALWORTH Company's reports net profits of $59,039 for the quarter ended June 80th equal nine cents a share on 300.000 common shares issued after pre­ferred dividends, agamst a net loss of $161,829 In the preceding quarter. For tho six months ended June 30th net loes amounted to $102,790.

GOODYEAR TIRE A RUBBER Com­pany reports consolidated net profits of $4,014,873 after fixed charges for the six months ended June 30th, equal, after prior preferred dividends, to $3.24 a share on 65U.796 shares of 7 per cent, cumulative preferred stock, on which accumulations total 29% per cent.

This compares somewhat unfavorably with net income of $6,011,407 after de­duction of $3,000,000 for a special raw material reserve reported for the first half of 1925, which was equal to $8.31 a share on the cumulative preferred stock after allowing for prior preferred dividends.

KANSAS CITY SOUTHERN Rail­way's report compares as follows:

JULY— 1D26 1925 Gross Revenuss . . $1,940,820 $1,800,541 Operating income. 554,017 436,884

SEVEN MONTHS— Gross revenues ...$12,760,195 $11,951,890 Operating Income. 3.525,867 2,730,870

COMMONWEALTH POWER Corpora­tion and subsidiaries, for the twelve months ended July 31, 1926, had earnings applicable to dividends and retirement reserve of $9,615,376. of $26.24 per share on the outstanding 366.378 shares of pre­ferred stock and $6.51 per share on the 1.133.922 shares of common. After pro­vision for retirement reserve, earnings amounted to $17.35 per share on the preferred and $3.65 on the common, compared with $12.26 and $2.01. respec­tively, for ths eame period last year, based on the same number of shares now outstanding.

and in A H i j j h

6 Abi t ib i P & P 4. . 8?44 1 Abra & S . raus . . i t y a 1 A b r a & S t r a u s pf 7 103 2 A d a m s E x p 6 . . . . 114** S A d v R u m e i y 13*4 2 A h u m a d a Lead 1 . 8

19 A i r Reduc 5 ,J , . . .« 136*4 1 A j a x Rubber . . . . . 8*4

514 Al l ied C h e m 4 138»4

3 A l l t t - C h a l 6 . 89 23 A m e r a d a C t 2 . . . . 31

5 A m A a Ch . . . . . . I t 11 A m A a Ch pf 62 st

2 A m Bk Note 1.60. 4 0 ' ? 11 A m Bosch M a g . . 22 11 A m S S & h' o 1-W1 2

3 A m B r w n Bov 2 . . 47 'a 1 A m B r w n Bov pf 7 96+4

283 A m C a n 2 5 8 ^ 2 A m C a n pf 7 125' 2 7 A m C a r 8 F S 100'/4 2 A m Car A F pt 7 125 1 A m C h a i n 2 25! 4 1 A m Chicle pr pf 7 9 U 2

12 A m D r u a S y r n . . 10'/4 7 A m E x p 6 . . . . . . . . 124 2 A m A For P w . . 20' 2

11 A m H i d e A L . . . . » / a 11 A m H i d e & L pf 41

4 A m H o m e Prod . . 2 6 % » A m Ice Sx . . . . 123 1 A m Ice pf 6 . . . . 8 3 %

15 A m I n t Corp 3 3 % 1 A m - L a F r F E n g 1 13

153 A m Linseed . . . . . . 48!« 2 A m Linseed pf 7 . &3</*

27 A m Locoo 8 104i/s 1 A m M a c h & F d y . 77 4 A m Pow A Lt . . 67 1 A m Rad ia tor 4 . . 1 1 7

2 A m Ry E x p • 81 5 A m Rcpub 60(/a

81 A m Sa»ety Rax 3 . . 67 ' / 2 5 A m Ship A C o m . . 7*4

2S3 A m Smel t 7 . . 145% 1 A m S m e l t pf 7 . . . 1191/4

11 A m Steel Fdys 3 . 4 5 % 9 A m Sug Ref 5 . . . 73 2 A m S u m T o b A c t 36

37 A m S u m Tob new 31?« 9 A m T e l A T s l 9 . . 145'/2 4 A m T o b 8 . . 120 4 A m T o b B 8 . . . . 118% 1 A m T o b pf • . . . . 111 1 A m T y p e 8 . 122 1 A m W a t W A E 1.20d 57! 2

14 A m W o o l 30 4 A m W o o l pf 7 . . . . 7 3 % 7 A m W r i t P a p p f . . 7 a 4 Am Z L A S 7

50 A n a c Copper 3 . . . 5J 1 A r m o u r D«l pf 7 . . 94i/« 3 A r m o u r I I I " A " . . 14% 9 A r m o u r III " B " . . 7' /a 2 Arnold Const . . . . 26 1 A r t M e t a l 1 22! a 1 A r t l o o m 3 49^ ,

15 Asso D r y Gds 2.50. 44 97 Atch ison 7 . • . 149

2 A t c h pf 8 . . . . . . . . 100 7 A t i O i r m A A t l . . %

27 A t l C o a t t L 7x . . . 223' /4 29 A t l Ref 113*4

1 A t l a a P o w e r 4 . , . 59 2 A t l a s T a c k 1 1 % 2 A u t o Sales pf . . . . 35

67 Ba ld Loco 7 118'i 1 Bald Loco pf 7 . . . . 112!j

12 B A O 5 104 1 B A O pf 4 73ft 2 B a n g A Arooa 3 . . 41

13 Barnsdal l A 2 . . . . 253 , 2 B a y u k Bros 47^,

I 3 B e e c h - N u t Pk 2.40x 60 1 Belding Bros 3 , . . 30'

33 Beth bteel 47ft 2 Beth Steel 7 p i 7 . 103!,,

L o w 87 52'a

108 114%

13% 8

132!» 8 %

135! a 88* 4 30«,2 1 7 % 61 .'/a 4fli , 2 0 %

143 4 5 % 96% 57%

123% 100 125

25% 9V 2 10

122 2 0 %

8 3 8 % 2 3 %

125% 8 3 % 3 3 % 13 40 33

103'% 77 66 ' / ,

117 8 0 % i>8% 6 3 %

7 % 143% 119% 45 72% 35% 31

146% 119% 118% 111 122

57% 29 78

Last N e t

Ch'g 8 7 % 4-52}.'r—

108 4-114%—

1 3 % — 8

136% r 8 %

136%— 8 8 % — 31 — 1 7 % — 1 61%— 40%i-20 % —

140 46', 2— S»m 57%—

125! i — 100 — 125 4/ V*

25% 9 1 % + 3 % 10

122 — 3 % 2 0 % — %

8' 2 + % 41 -r 4 26%

126% + 2% 8 3 % 3 3 % — % 13 43 — 3% 8 3 — 1 %

(Z

V* 1 1 %

% %

% i

% !

% ! 1 2 % 1 % i

% 1 %

— 1926— Sales H i g h L o w in 100s

2 4 % 1 3 % 13% 3 8 % 5C% 3 3 %

112% 6 %

27 53'% 3 2 % 4 4 . . 89

111 6 %

25 10% 21 34% 6C%

' 4

10 Briggs M f g 3 . . . 2 Brook lyn Edison 8..

30 Brook lyn M a n T r 4 1 Brook lyn M T r pf 6

13 Brook lyn U Gaa 4x 17 B r u n s - B a i k Col . .

2 Bruns Dock Co . . . 1 B u r n s Bros " B " 2 . .

,10 Bush T e r m . . . . . . I B u t t e Cop A 2 .50

12 B u t t e r i c k Co 4 Byers A M

23 C a l P a c k i n g 4 . . . . 10 Ca l Pet ro 2 7 Calumet A Ariz 6. 5 C a l u m e t A H 1.90

10 C a n a d i a n Pnc 10. 27 Cass T h r e s h M . .

5 Cen t L e a t h e r 4 Cent L e a t h e r pf . . 5 Cent Rib M i l l * 2 . .

20 Cerro de Pasco C 4 7 C e r - T e e d Prod 4 . . 4 Ch?nd Clev pf 4 . .

80 'Ches A Ohio 8x . . 5 Cn A A l t u f . . . . . 4 C h A E III pf

12 Ch G t W e s t 53 Ch G t W e s t pf . . . 20 C M A S t P 15 C M A S t P pf . . . I I C M A St P c t f s . . 5 C M A S t P pf c t fs . .

45 Ch A N W e s t 4 . . 10 C n R I A P

1 C R I A P f % pf 6

27% 149%

64% 85 93% 30% 13 35 28

5% 59% 35% 7 1 % 3 2 % 7 1 % 18

165% 160

7% 52% 1?% 71 45 2 9 %

153% 8 %

41 10% 27% 1 2 % 2 2 % 1 1 % 2 1 % 77"% 62% 89%

4 C R I A P 7 % pf 7 103

-Tjike . . . . . . 'Total sale* 145,458.

88 35

4 2:» 9 %

l fJJ » 4

18 3.93 5.85

1 5%.

2 a 1.44 4.40 11

in 1.79

8 f

13%

i.ti S.TS

s%

SUGAR TRANSACTIONS

Wallboard Merger New York, Aug. 20—iff}—a controlling

Interest in the Schumacher Wallboard Corporation, one of the largest enter­prises of its kind on ths Pacific Coast, has been acquired by Paraffin,- Com­panies, inc. In connection with the deal, > public offering of 30.000 shares of Schu­macher Wallboard Corporation partlcl- | pating preferred stock wtll be made at > 125 a share. A portion of this stock has been set aside for the eastern invest- | ment market. Purchasers of three shares of preferred will be privileged to bay one common share at $17.

BUFFALOWATIONS (Buffalo In vest man r Bankers' Prfcsai Aug. 20. BONDS Bid Asked

Buff. Chemical 7s '41 99 101 Buff-Ft E Bridge Ts '55-... 107 108

Do Ss "45 108 Buff Gen Else 1st 5s '39. . 102%

Do ref 5s ' I t . . . . . . . . . . . . 101% 101 Buff A Lockp 1st 5s '38. . . 69 71 BHo N A E Pow 5s'30 . . . . 99% 100% B A N F E L A P &S ' 4 2 . . . 99 101 B A N F E Ry 1st 5s '35. . 71 75 Bfo Natl Corpn Js 96 100 Buff Ry eons 5s '21 83 84% B u f f T r a c t i o n 1st 5s ' 4 8 . . . 7u 14 C a t a r a c t P % Oood I s : ? . . 89 Crosstown St R y I s '13 . . . 83 8 1 % Depew A Lane 5s '$4 100 101% Silicon Sq 1st Is *13 97 98% Hydraulic Pow 1st 5s "50 . . 103 104%

Do. ref 5s 1951 281% Int Ry rf A imp 5a '82 . . . 65 C6% Intl Salt 5S '11 14% 86 4-ockport L H A P 5%s '84 101% 103 Nlag Falls Pow 1st 5s '32. 101% . . .

Do ref. 60 '32 105 — New York. Aug. 20 tJ*!—There was no

Change in the raw sugar market today, ul a little more activity. Sales included 14.wo bags of Cuban iatt yesterday, and about SO.OOft bags today ••«••» ****** nsd

Do 1st A con t s 1950. , . . . Nthn N Y Utll 5%s '49 . . . tRogers-Brown 1st 5s *53.. Salmon R Pow 1st i s '52.. Speneer_ Kel logg 6a '38 . . . i f r o m store n s d

for p r o m p t s h i p t m n t a t 4.24 cents d u t y ^ ^ ^ W a t e r cv 6s '35 w w paid. „ . t . mm. _ Do, ex-warrants ^Liquidation ^ • • • t l J i y *£* Isur I * * «** » » . . chancing v» ..— month* again featured raw sugar fu­tures, and held prices within a range of ©no to I'Otnu. Houses with trade and Cuban connectJOKS were the prlncipsl buy ens, altnough there was also a little outeide demand, prompted by bullish foreign crop advicea A loading Euro­pean authority in a tentative estimate sc the lMv-87 Kuroo«.an beet crop placed tho yleid at 7,284.000 metric nnie. raw of the 19S-2* crop of 7.594.000 metric tons. The market eWedi unchanged to one ponlt higher Approximate aaits, 85.

. l i t tons September dosed at 343; De-flsmbsr. 2.59. January, 3.65; March, 167; May. ITS. -

The rvfined sugar market was un-shsnged at 5.%0 to 3 80 cents tot fine sjprauniatcd with only moderate demand.

CRUDE RONER MLUES AFTER WEAK 0PERIN6

98 BANK STOCKS

Community NaL Bank,. . . 2.»0 _̂ Liberty Bank g f

wiTe""th« 'principal I Geneses National Bang.... 1T0 ' ^ iMfrs. A Trmdsrs Trust . . . 400

I Marine Tr Co (50) par. . . . 263

105% 106% 101 % 103 . 8% 7% 101% 101% 103

98 II

269

New York. Aug 2*—Following a qylet and weak opening, crude rubber prices hi the "street" market developed stronger tons and generally clo*?ed quarter of a cent net higher mvox, rubber fluctuated .and 19% pence , »i-i*ing

a a

London between 19% at the higher

figure tor a net l< >•< of one-eighth of A penny.

Dealers' spot quotations were as fol­lows: ribbed smoked sheets, 40% cents; first latex crepe. »•»% <-ents; amber No.

i t ! cent*; clean thin brown creoj , \k cents, and fine up-river Para, 19% R e c l a i m e d r u b b e r pr ices w a r s : t i r e ,

ahos. 11 e t tys . . a n d t a b s SS

Peoples Bank STOCKS

Alabama P o w e r pf . . . . . . . Becker Moore . . . . . . . . . . . .

Do., pf. Buff Niagara & E Power. .

Do pf . . . . Buffalo Natl Corpn

. 1 0 P ' • • e i i l M « * t l l » i t l l t Donner Steel pf Dep A Lan L P A C pf. . East States Power . . . . . .

Harmon la Insurasos . . . . . . International Ry v t c . . . . „ .

I Meir Casualty Ins . . . . . . . ' N i a g a r a Fa l l s P o w p f . . . . i Nlag Lock A Ont pf . . . . . ! Nlaxara Share C o r p . . . . . . ; Northern N Y Utll pf 1 Ontario B scust . . . . . . . . . . . I Rand Kardex Bur p f . . . . . .

Sterling Shoe . . . . . . . . . . . . . * Shredded Wheat n e w . . . . . j Standard G A E pr p f . . . , {Syracuse Lighting . . . . . . . .

D o i % % pf Do 7% pf.

» • • > * • • • • •

• ••4>*as>»*-a#4>4>

2%

105 '.'9 H 1 1 % 2 1 % 35 96

1 3 % . 103

16% 91

46 29 81 2 7 % 111% 12%

104 47 95

100 49%

102 l i 333

103 185%

70% 109%

Dos.. Ssl Pf«_ »»»• !»• »«* • •» i s G u a r . . . . I M Title and Mtg.

Union Nat Gas . . . . . United Gas A El pf Upsoa Co pf . . . . . . Upson Co A . . . . . . . W X I Water w n u

tlsAtars ssniilrr:

. %»wr-». * t-n^fW"

to 34 97 10^ 24

T

18 93 51 30% 91 21%

113 13% 1

3 si t i . j

* *• 50%

105 348

« * • •* • «<• > • •-

11 57

125 2 1 % 25% 73% 2 7 > 4

106% 22%. 39%

1071, 93% 35

2. 35» 48%

i 39% 40

123% 37 99

21

2 1 % ' 124% 34

104 105

1» 1SSJ4 100% 106%

2 3 % 4

1 8 % TO 8 1 % 7 1 % 2 3 % 6 5 % Wi 33% « * % 43 1 « 4

.2 4 1

103% 28 24?i 30 14% 94 76% S * % 83 5 5 % 1 1 % » 39 80 8 4 % 48 7» 11 34 45

113% 113% S I 8 0 % S I . . . 1 5 % 41V? 4 5 % W ' z 33V4

4 7 % 98 15 16% 8 9 % 19 89

aas 25% 95 62 25% 30% 17% 40 27 35 4 9 % 17

113' j 18% 90 SO*

4 Chi lds Co 2.40c 4 Chile Cop 2.50

133 Chrys le r 3 1 Chrys le r pf A 8

47 Coca-Cola 7 5 Col l ins A A i k m a n

37 Cot F u e l A i r . . . . 14 Co lum Q A E 5 . .

1 Col G A E pf 7 . . . 3 Co lumbia C a r b 4 . . 1 C o m In T r pf 7 . . 7 Com Solv B . . . . . .

143 C o n g o l e u m . . . . . . . 3 Congress C i g a r 3 .

13 Consol C i g a r 10 Consol D i s t r i b . . .

152 Consol Gas 5 . . . . . . 7 Consol T e x t i l e . . . 7 Cont C a n 5 x . . . . . . 9 Cont M o t .80 . . . .

17 Ccrn Prod Ref 2 . . 3 Cruc ib le Steel 5 . . 1 C u b C S u g pf . . . .

27 Ct.ba Co 4 . . . 925 o I. C u b a Co r t a . .

15 C u b - A m Sug 10 . . 1 C u y a m e l F r u i t 4 . .

17 D a v i a o n C h e m . . . 27 De l A H u d 9 . . . .

4 D r I L A W 6x . . . 2 D e n A Rio Gr p f . 1 O s t r Edison 8 2 D e v A R a y ' A ' 2.40

112 Dodge Bros 8 Dodge Bros pf 7 . . 5 D o m e M l n s * 2 5 Douglas Pec t in 2x

33 Du Pont 14x 2 D u Pont deb 6 . . . .

22 E a s t m a n K o d S x . . 7 Eaton Axle A S 2 5 Elec Boat 9 Elec P A L c t f s . . 3 Elec P A L pf 7 . . 3 Elec Ref r ig 2x

35 Elec Stor Bat tot.. 3 E n g r s P u b Svc 1 E n d i c o t t - J o h n 5 . . . .

80 E r i e R R . . . 12 E r ie R R 1st p f . .

9 E q u i t a b l e B pf 7 . . 4 E u r e k a V a c Cle 4 . . 3 Exchg Buf fe t 1.50.. 1 F a i r b a n k s Co 5 F a i r b k s - Morse 2.60

53 34 3 6 %

102% 160% 81 44 82

114 63 93

160 24% 42% 6 9 %

2 % 108%

2 % 81 1 1 % 4 5 % 74 3 7 % 3 8 % 1 0 % 2 1 % 4 6 % 3 7 %

174% 144 46

135% 36!4 29%

36 3 0 1 % 106% 117% 2%i 1 8 % M Y . 6 4 % 92 24 65% 33 4 3 %

130 52 15%

3 51

37 F a m o u s Players 10 115% 3 Fad Lt A T 1.40h.. ~

10 Fed I M o t T r k n . . 1 F i r s t N a t S tor 1.50

13 F l a k Rubber 1 F isk R 1 pf cv 7 . . 2 F isk R 1 pf s ta 7 . .

27 F le ischmann Co 2x S Foundat ion Co 8 . . 2 Fox Fi lm 'A' 4 . . . .

47 Freepor t T e x a s . . 1 Gabriel S 'A' 2.50* 5 Gen Am T a n k C 3

402 Gen Aspha l t . . . . . . I t Gen Aspha l t p f 5 . .

2 Gen Cigar 4 . 143 Gen Elec new 3 n . .

4 Gen Elec Spi .60 25 Gen Gas A E 1.50k

2 Gen Gas A E B . . . 767 *Gen Motors 7 x . . . .

9 Gen M o t D 7 % pf 7 1 G e n O u t A d 'A* 4 . .

12 Gen Ry Signal 4 . . . . 20 Gi m bel Bros

1 Glidden Co 2 . . . . . . 29 Gold Dust 13 Goodrich B F 4 4 Goodyear T i r e pf 7

11 G o t h a m 2.50 4 G o t h a m n e w 2 8 0 . . 7 G o t h a m 1st pf 7 . . 1 Gould Coup ' A ' 2 . . 9 G r a n b y Consol . . . .

30 G i t N o r t h e r n pf 5 . . 20 G r t N o r O ct f 1.7S

1 G r t W e s t Sug 8 . . . . 5 Greene Can Cop .

12 Gulf Mob A N o r

33 3 1 % 32 1 8 %

100 8 0 % 4 9 % 95 69% 27% 31% 45% 80%

122% 5 0 % 92' 11 % 5 1 % 46%

2 0 1 % 119%

5 3 % 9 0 % 56 1 8 % 5 0 % 5 0 %

108% 5 8 % 5 5 %

120% 15 24% 77 20 95% 20% 35%

rs 7

49% •**% 14%

7 % 2 5 % 22! 2 | 49% 43%

146 100

% 220 110%

59 1 1 % 35

115% 112% 102

7 3 % 41 2 6 % 47 60 30% 4 6 %

103% 34 2 7 %

149% 63% 85 92 30 12% 35 28

6 % 58 35% 70% 32% 70% 17%

165% 155

7% 62 17% 69% 443/4

29% 150%

8% 41 10 2 5 % 1 2 % 2 1 % 1 1 % 203/4 7 5 % 60! 8 89%

102% 53 33% 353/4

102% 158

50 4 2 % 81

114 63 93

156% 23 42 68%

2 % 108%

2 % 8 0 % 1 1 % 4 4 % 74 37% 37% 10% 20% 46% 36%

167 142%

4 5 * 135% 36% 2 8 % 8 7 % 11 3 4 %

296',-, 106% 115% 27

7 % 13% 96 64% 90% 23% 65% 3 2 % 42',4

127 52 16%

3 50%

115 33 31" s 32 1 7 %

100 8 0 % 4 9 . . 95 6 9 % 2 6 % 3 1 % 4 4 % 7 6 %

119% 4 9 % 90 1 1 % 50% 46

197% 119% 5 3 %

V.

% % % % % %

1 %

%

2 %

103"; 77 — % 66%— %

117 — 2 . . 80%— % 6 0 % + 2 % 65 — 2% 7*4+

145%+ 119%—

45 7 2 ' / , + 3 4 % — 31%—

145>4— 1 l l%r— 113% + 111 122 —

6 7 % + 2 9 % -78

% 7

49%— 94% 14! 2 7% +

25%— I Sty,

4 9 % 4 3 % — %

147%— 1 % 100

% 2 2 2 % + 1 112 + 1

59 1 1 % — % 35

117% 4-1 1 2 % + 1033 * —

7 3 % 41 — 25%— 47 — 1 60 — 1 % 3 0 % — 4 7 % —

103% 34 — 2 7 % —

149% 63%— 85 92 — 2 % 3 0 % + 1 1 2 % — % 35 28 — %

5%— % 58 — 1 % 35%— 1% 71 32! 4 70% 18 + %

165%+ 1% 155 — . 5

7%— % 6 2 % + 17% + 70 — 44%— 2 9 % —

152% + 8 %

41 — 1 10 — 2 6 % 1 2 % — 21%— 1 1 % — 21 — 7 6 % + 8 1 % + 8 9 %

103 + 53 — 33% 36%—

102% 159%+

50

8SV4 213-4 26* 4 5 0 ' 2 71% 64%

136*4 12% 46% 66% 46% 63% 98%

133 8%

43% 19% 66 49% 67% 47% 2 1 %

126 58%

2% 82 24% 60% 93% 41%

.94 69% 43% 50% 1 1 %

156% 42%

143 18%

5 8 % 159 122 4 4 % 2 8 % 8 7 %

. 6 1 % 3 2 % 5 1 % 6 3 %

137% 2 4 % 30 2 4 % 1 3 % 1 5 % 37

1 2 % 86 4 9 %

% % %

% %

l'4 %

I ,

%

re

% % 7s % % %

— 1 43 — 81 —

114 63 93

157'% + 2 3 % + 42 — « 8 % — 2'/; +

1 0 7 % + 2 %

8 0 % — 1 1 % + 4 4 % — 74 — 37^=: It

% Vz

% Ts

I % % %

'•••

1 %

1

3 7 % 1 0 % — % 21 + '/• 4 8 % — 36%

173%J- 6% 144 + 1

4 5 % — % 1 3 5 % + % 36%— If 29%+ % 8 7 % - g 11 — % 35 +

299%— % 106%— % 116 — 1 % 27 - %

7 % 1 8 % — 96%4-8 4 % — 9 1 — 1 2 3 % — % 65% 32% 4 2 % +

127 52 15 ' i—

3 50%—

115%— 33 3 1 % + 32 1 7 % —

100 + 2 8 0 % - r . % 4 9 % 95 6 9 % — % 27 — % 3 1 % — % " - * 1 %

3 %

133% 4 4 % 5 2 % 4 7 % 95 4

4 1 % 9 3 % 8 3 % 82 3 7 % 6 3 %

7'/2 33%

38% 15% 66 98% 54 9 2 % 80 4 2 % 7 3 % 4 0 % 8 9 % 3 8 % 6 8 % 14% 4 6 % 8 4 % 84

140% 185% 108

4 5 % 205

4 8 % 2 8 % 4 2 %

166% 67 5 1 % 77% 15% 36 22% 45% 62

129% 108%

14% 7 5 % 8 3 % 4 5 % 2 8 % 7 6 % 7 8 % 46 32 83 23 6 5 %

2 % 130 104% 9 1 % 4 8 % 2 4 % 4 9 % 4 4 % 4 3 %

127% 7

4 2 % 119% 124% 4 2 % 3 6 %

114 9 3 %

122 184

47 31

112% 4 8 % 4 8 %

100 42

4

22

%

%

%

m «u* 4

3. »

5 Gulf Mob A N pf 6 107 9 Gulf S t Steel 5 . . . 7 1 % 1 H a r t m a n Corp 2.50 26! , 5 H a y e s W h e e l S x . . 33* 2 2 Hoe A Co 3 1 % 2 Household Prod 3x 43

SO H o w e Sound 3 . SS% 13 Hudson A M 2 50 : .3%

213 Hudson M o t o - •* "i S7% 37 H u p p M o . Gr ' • • 17%,

7 I l l inois C ' t r - ' 7 . 122% 35 irtd Oil • . . » $ ! . . . . 2 4 %

2 I n d i a n Ref ln pf S3 10 Ingersoll R a n d 3 . . ICC 4 I t I n land Steel 2 . 5 0 . . 4 2 % 17 inspiration Cop 2-* 85.

89 , 5 3 % 1 8 % 4 9 % 4 9 %

108% 55% 5 3 %

118 15 24'4 75% 19% 9534 20% 3 5 %

105% 71 26% 33 3 1 % 4 2 % 3 7 % 3 8 % N 65*% 26%,

122 24% 93 99% 42

%

1 1 1 %

%

44>4 80 +

122 -r 49% 91 — 1 1 % 51 — 46 —

2 0 0 % — 119% + 5 3 % 90 — - a 53%— 2% 1 8 % 4 9 % — 1 % 4 t % — %

108» g— % 56''4— I'/sI 53' 2— 2%;

118 — 5 15 2 4 % — 76 — 20 + 95%— 20*s 35' , —

106'a— 7 1 % -2 6 % 33 — 3 1 % 43 — 37«.r -38%— 67% ~ 27 +

122%— 2 4 ' r -93 9 ? % ^ 42' — 2 4 ? * -

56 100 127

15% 6 3 % 8 3 % W % 6 7 % 5 4 % 48 ' / .

1 0 1 % 74

138' / , 51 4 8 % W*a 57'a iou 29% 70% OH; 2

109-, 2 2 8 % 2 4 ; , » % 17ys

142% 5 5 % 3 5 % 33

tut*4 147% 122;«

9 5 % 3 1 % 69 6 2 % 4 6 %

119% 1 0 % 90 9 2 % 6 1 %

3 % 4 %

16 M

173 19% 61% 43 48 6 2 %

112% 115

5 % 7 1 % 92% 58

158%

42% 19% 39% 75% 30% 71 53% 34% 42'/ ,

7 88 3 0 %

118 12 3 0 %

103% 86% 34 15% 56 3 8 % 2 2 % 3 9 % 49%

106% 19 2 2 % 2 2 %

6 11 2 7 %

1 % 107

30 34 32 82 27 7 1 ' . , 6 9 % 55 19! 2 3 3 %

5 % 22

3 4 % 3

52 74 38 7 1 % 53 25% 38 2 1 % 76 16% 55% 1 1 % 3 6 % 32 84

117 130 93 3 2 / ,

175 30% 1 9 % 2 7 %

130% 42 49 65%

7% 30 14% 3 1 % 47

106 102%

8 % 6 3 %

31% 13% 56% 56% 34

4% 45% 16% 48%

1 % 117

67 70% 36% 16 40 31 19 7 6 %

3 29 85 75% 34% 30%

106 72

115 145%

33 2 5 %

106 32 4 4 % 79 40 16% 41% 95% 8 3 %

8 %

Stock and div in $•

7 tnt Rap T r a n . . . 9 In tercont Rub 1 •

10 In ter A g r i •• 7 In t Bus Mach 3, 7 In te r Cement 4 . . . . 1

77 In t Comb Eng 2 . . J 30 In t H a r v e s t e r 5 . . . . I 10 In t M M a r i n e . . . . § 80 In t M M a r i n e p f - . f

1 In t M a t c h pf 3.20. . 1 15 In ter N icke l 2...A 80 I n t e r Paper 2 . . . . . A 11 In t Paper 7 % pf 7 . . | 10 I n t T e l A T e l 6 . . . . | 25 In t T e l A T e l r t s . . |

1 Jewel T e a J, 1 Jones Bros T e a .M 1 Jordan Mot Car 3 . . |

40 K a n Ci ty Southern 1 K a n C i ty Sou'n pf • 1 Kayser J . 3 J 3 Ke l ly -Spr lngf ld . . § 1 Kelsey W h e e l 6 . . . «

30 Kennecot t Cop 4 . , 1 Keystone T A R . . .

89 Kresge S S 1 . 2 0 . . * 29 Lago Oil •••M 44 L a m b e r t Co 3 . 5 0 . . . ;

7 Leh igh V a l 3 .50 . . J Lehn A Fink 3 . . • Lig A Myers 8 3x . Jj Lima LoCo 4 • Loew's Inc 2 . . . * Long Bell L u m A 41 Lo f t Inc 9

3 11

1 15

1

Loose W i l e s Bis . . J 162% Lor i t la rd P 3 f 3 2 % Louis A Nash 6 . . | 1 3 7 % Louis iana Oi l . i . . l 18 L u d l u m Steel 2 . . 1 34

122 . . . . 39

16'-

584 M a c k T r u c k s 6 . . f 133% 9 M a c y R H . . — 7 M a g m a Cop 3 3 Mat l inson Co .

10 M a n n Elec Sup 5 . . 15 M a h n Ry M G 6 . |

2 M a h n S h i r t 1.50 . j 3 M a r k e t St Ry pr pf

34 M a r i a n d Oi l 4 21 M a y Dept Store 5.

39 16% 8 2 % 53 2 4 % 4 2 % 58%

. . ._ , _ _ , 128% 1 M a y t a g 2 1 23 3 M e l n t y r e Pore M t i 2 6 % 1 M e t Golf pf 1.89.

12 M e x i c a n Scabd . , 14 M i a m i Cop 1 . . . . 30 M l d - C o n t Pete

1 Midd le S ta tes Oi l 4 M id S t Prod pf 7 M i l l e r R u b 2 . 1 M i n n St P A 8 8 7 Mo K a n A T e x 7 Mo K a n A T e x p f

17 M o Pac i f ic . . . 37 M o Pac i f ic pf

4 M o n t P o w e r 6 110 M o n t g W a r d .

7 Moon Motor S 7 M o t o M e t e r ' A ' 3.i 5 M o t h e r Lode .75 3 Motor W h e e l 2

1 M u n s i n g w e a r 3 . 24 M u r r a y Body . . 37 N a s h Motor .

9 N a t Biscuit 4 1 N a t C Reg A c t 3 1 N a t C loak A S t pi

14 N a t D a i r y Prods 17 N a t Dept Store)

1 N a t D i a t Prod pf 5 N a t E n a m e l A S t 1 N a t E n a m e l pf I 7 N a t P w A L t 80

15 N a t Supply 3 . . 3 N e v a d a Consol C 1

89 N Y A i r B r a k e 2 . . Y Canners 2g " N _ _

1 N Y Canners pf . 1 * 131 N

4 N 2 N 1 N

115 o.

'-2

%

%

» %

. : ' z %

94% 25%

109% 167 59

f l 6 % 38%

248% 109

61»% 7 9 % 7 1 % 8 8 %

109 4 9 %

159% 130* 8 64 2S% 7 8 % 43 22

90 7 %

4 9 % 4 2 % 3 8 % 85 5 7 % 4 2 % 27 ' / , 3 1 % 12% 44'/4

4 % 24 52 • * * %

107% 15 19% 90 2o%

103 43 22 3 0 % 9e 's 92

103% 87! 2

18% 51 5 2 % 40*4

118 4 %

75 6 8 % 47

1 % 1

1 0 % 48

119% 1 2 % 4 2 % 1 3 % 4 2 % 4 4 % 95' 4

103 3

35 78 3 7 %

1 4 1 ! , 84% 2 S % 83 .

134 55% 98 22

150 100%

39 45% 4 8 % 50'.-4

1 0 1 % 3 6 %

117 124%

56% 13% 52 29

Sit

Y Cent ra l 7 . . . Y Chi A S t L Y Ch A S t L p

Y Dock I. N Y A H a r l e m 6

8 4 N Y r 4 H A H w

9 N Y O n t A W 7 N o r f o l k A Sou'n

27 N o r f o l k A W e s t 89 N o r A m 10f . . .

5 N o r t h A m pf 3 122 N o r t h e r n Pac l f i

74 N o r w a l k T A R 1 1 Oi l W e l l Supply 7 Omnibus 2 O n y x Hos iery 7 Oppenhe im Col 1 Ot is E l e v a t o r 8 1 Ot is E leva to r pf 7 Ot is Steal 2 Owens Bottle 3x

12 Pac Oi l 33 P a c k a r d M o t 2 15 Pa ige De t M o t 1

2 P a n - A m P e t A 31 P a n - A m P A T

7 P a n - A m W P • 62 Panhand le P A

1 P a t h e Exchg 'At, 1 Penlck A Ford ,

31 Penn R R 3 . 19 P e n n Seabd Ste

1 Peoples Gas 8 12 Pere M a r q 8x &. 7 Pere M a r q pf S I .

112 Phi la A Rdg C A I 2 Ph i l ip M o r r i s . . « , •

103 Phi l l ips Pete 3 1 . 1 Phoenix Hos

187 P l e r c e - A r r o w 27 P i e r c e - A r r o w pf

3 Pierce Pa te . . 3 P i t t s Coal . . . 1 P i t t s A W V a

93 Postum Cereal 4 Pressed Steed 1 Prod A Ref pf 1 Pub S E L A P

35 Publ ic Svc N J 5 1 P u b S v N J 1 % J

17 P u l l m a n Co 8 1 P u n t a A legre

10 P u r e Oil Co 1 1 Pure Oi l pf 8

317 Radio 1 Radio pf 3 .50 . .

13 Reading 4 1 Reading 1st pf j

29 Reading r t s . 1 Reid Ice C r e a m 1 *Reld Ice Crm

29 Remington Ty 7 Replogie Steel

22 Rep I ron A St 1 Reynolds R J '

19 Rober t Rs.s . . . 3 Royal D u t c h 3, 1 Sa fe ty Cable 4 2 S t Joseph Lead

75 S t L A San F 3 S t L Southwe

13 Schulte R Stor 4 Seabd A i r L ine 1 Seabd A i r e L i n I Seagrave Corp

81 Sears- Roebucy 1 Seneca Copper j * .

82 Shell U n Oi l 1 * 0 9 S h u b e r t T h e a t a f

34 S immons Co 1 S immons Co

29 S i m m s Pete 1 4 Sincla i r Oi l . 1 S inc la i r Oi l pf

212 Skei iy Oi l 2 . 7 Sloss-Sheff ield 9 South Da i r ies

I I South Da i r ies 15 So Cal Edison 25 Soutnern P a c l f i

4 So P Rico Sug 19 Southern Ry 7

7 Southern Ry 7 Spicer M f g . . 5 Std Gas A El

59 S t a n d Oi l of 34 S tand Oil of N

2 Std Oi l of N J 1 S tand P la ts G 3 Ster l ing Prod 9 S t e w a r t W a r n

17 S tudebaker 5 A . . . 7 S u b m a r i n e Boat •• 1 Superior Oil . 4 . . . 1 T e n n Cap A Chan 1

20 T e x a s Co 3 . . . §

2 3 % 1 1 % 15 3 1 %

1 % 119%

3 8 % 36 36% 92% 4 1 % 93 79% 70 23% 39%

6% 23% 3 8 % 1 0 % 6 7 % 9 1 % 4 1 % 7 1 % 71 28 48 25 82 2 1 % 68% 13% 4 8 % 4 5 % 84

137% 177 100

3 9 % 192 46 ' / , 25% 41

162% 5 4 % 6 1 % 7 7 % 9

34 15% 39% 61

120% 108%

9% 7 1 %

1% 37% 16% 66 67 3 7 % 1 5 % 54% 20 5 4 %

1 % 122% 103 90 4 2 % 2 3 % 4 8 % 40 31

124 3

3 2 % 108 104% 4 0 % 3 1 %

113 9 1 %

120 180

3 5 % 2 6 %

1 1 1 % 4 7 % 4 8 % 95 4 0 % 1 8 % 46 M %

120% 1 0 % 59 9 7 % 1 1 %

. 5 0 % 6 0 % 4 4 % 99%

1 68 F 4 8 %

3 4 % 3 7 % 1 3 % 5 6 % 5 %

2 9 % 8 1 % 33 ' / ,

107% 16% 2 1 % M 3 6 %

132 5 3 % 3 0 % 3 1 %

107 112% 121

94 22% 54%

6 1 % 4 3 %

L o w 4 3 % 15% 14 48% 53% 54

130'/, 6%

27% 63% 36% 58% 96

116% 7 %

4 1 % 12 24 4 3 % 6 7 % 39 1 2 % 9 5 % 56

% 49 2 1 % 57 88% 36'/, 34 6 1 % 4 0 % 4 4 %

7 % 160

3 2 % 135

1 5 % 34

130% 120

3 8 % 15% 8 1 % 53 24

4 1 % 5 7 %

125% 23 26 2 3 % 1 0 % 14% 31

1 % 119

3 7 % 36 36% 9 1 % 3 9 % 9 1 % 79 68 23 3 9 %

6 23% 36%

»% 56% 9 1 % 4 1 % 71% 70 26 48 24%

N e t Last Ch'g

4 3 % -15'/4— 14%^-4 8 % -53% 55 +

132 6%

28 — 6 3 % -38%— 59%+ 96 +

116%— 7 % —

4 1 % — 12 24

' 4 i

E a s t Buffalo. Aug. 20. 17. S. D e p t of Agriculture. )

CATTLE—Rece ip t s were e s t imated at 400 a l though a few loads of holdovers raised to total offerings above that figure. Medium grade light butcher atock. which made up ha!f of the run, was not in demand and only on.' minor sate was recorded. when some 850 pounds mixed offerings were s teady at $7.50. Cows aga in ruled steady under a fair demand. Low cutter and cut ter re­actors made 12 25 to 3.75. A lew m e ­dium cows brought $5.

,;- CALVES—Around half of the 700 of-(f ! ferings were Canadians whi le the others (' I were most ly choice nat ive kinds. Ah /* i early c learance w a s made at s teady %

1 %

early c l e a r a n - - — . prices. Choice n a t i v e s scored $15 the shipped-in offerings usually $15.50. Medium kinds sold down

S H E E P and LAMBS—A "

8-67% 39

$f, "ST 5 0 % — 2 1 % 5 7 % + 89 -r-3 6 % + 84%

4 % % %

' 2 % % %

vaiuf s.

6 1 % — 1 % % % '••

40%— 4 4 % +

7% + 160 +

3 2 % 1 3 7 % +

16 34

1 3 1 % + 120 —

3 8 % — 16% 82%+ 53 24 — 41%— 6 7 % —

126%— 23 — 2 6 % + 23% 1 0 % — 15 + 3 1 % —

1 % 1 1 9 % —

3 7 % — 1 %

%

B

:-4

%

% % %

%

% % % %

V'4 % % % Hi

% %

% %

2 1 % 6 7 % 13% 4 4 % 4 4 % 84

136 176 100

3 9 % 192 44% 24% 40%

160 53% 50% 76% 8

34 16% 39% 60

120% 108% . » % 7 1 %

1 % 3 6 % 1 5 % 66 66% 37% 13% 54% 20 54%

1/a 122% 1 0 1 % 90 4 0 % 2 3 % 4 7 % 40 2 9 %

122% 3

3 2 % 108 102% 4 0 % 3 1 %

113 90

120 177%

35% 26

1 1 1 % 4 5 % 4 8 % 94 40% 18% 46 98%

118 10 58 97% 10% 50% 50%

36 — 3 6 % -9 2 % + 40%— 9 2 % + 79 69 23 — 3 9 % +

6 — 2 3 % + 8 6 % + 1 0 % + 1 5 7 % + % 9 1 % + % 4 1 % 7 1 % — 7 0 % -26 48 — 2 4 % — 8 2 + 6 2 1 % - y* 68 — %

44%— 1% aaM 84

136%— 176 100 —

3 9 % 192 45 — 24%— 4 0 % +

162%+ 6 4 % — 6 1 % + 7 7 % + 4 1 % 8%+ %

34 15% + 39%— 60%—

120% 101%+

8%— 7 1 % —

1 % -37 — 15%— 6 6 — 2 M% 37% 1 4 % — 1 % 54% 20 6 4 % -w

1 2 2 % + 102 — 1 80 4 1 % + % 2 3 % — % 48 + % 40 — 1 %

while j made !

to $12. ! __ late count

showed around 1,000 fresh and 250 hold- i over sheep and lambs here. Trading ruled ac t ive w i th practical ly steady

A small choice lot of l a m b s ;i4.65. but the bulk of the good

offerings went a t $14.50. Culls usually sca led at $10 to $10.50. Some good 120 pound e w e s scored $6. while heavies landed at $4 to $4.50. Lambs , good to choice, $14ti'14.15; cull to m e ­dium, $10® 13.75; inferior, $6.504fl. ewes , l ight and medium weight , good and choice. $5.50416.75; heavy , $4«f5.50.

HOGS—Uneven trade featured deals on the 2,400 fresh arrivals and 804 hold­overs. Strong to 23 cen t s w a s the trend on most sa les with the h e a v y w e i g h t s scoring the bigger advance . The top reached $14.50 for fifth t ime this week. Most of the good to choice kinds up to 200 pounds went at $14.25 to $14.50. A load of 246-pound butchers scored $14. Those averag ing 280 pounds up com­manded $12.25 to $12.75. Packing s o w s ranged from $9.75 to $10.50. Very few p igs passed $14.

Quotat ions—Top on 130 pounds up, $14.50, bulk of all sales $13.25 to 14.50: 300 to 350 pound averages , good to choice 112.25® 12.75; 250 to 300-pounds. $12.75® 13.75; 225 to 250 pound. $13.75f»14.25; 200 to 225-pound. [email protected]: 160 to 200-

round, [email protected]; 130 to 160-pound. 14.00 to $14.50; s laughter pigs. $13.75©

14.25; packing sows , $9.75® 10.50.

In Chicago Market Chicago. Aug . 20—Catt le—Receipts ,

2,000. Close s t eady; s l ight ly h igher t h a n week ' s low t i m e on moat ki l l ing c l a s s e s ; no th ing choice offered; f e w fed s teers , $8.25®9.25; grassers , $7.25 d o w n w a r d to $6.50; supply of both fat and feeder c a t ­tle c leaned up; s tocker and feeder trade higher for w e e k ; m e a g e r cow run m o s t l y $6 d o w n w a r d w i t h l o w cut ters $3.75®4.15; m e d i u m bulls , $6.25; s t eady; R^mmhla for f ew vea lers at 25 c e n t s

%

%

VA VA % % %

2

% %

1 % % % % % %

scramble for f ew higher, m o s t l y $14® 14.50; f ew $16.

H o g s — R e c e i p t s . 16,000. U n e v e n ; l ight and l ight l ights In broad d e m a n d ; g e n ­eral ly 10 to 15 c e n t s h igher; f e w early sa le s on other w e i g h t s shar ing a d v a n c e ; late market , espec ia l ly on h e a v y s o w s and butchers , 25 to 40 c e n t s lower tha/i ye s t erday ' s b e s t prices , spots of more; few m e d i u m w e i g h t b u t c h e r s included in late downturn; top , $14.10; choice 140 to 200-pounds up to $14; bulk 210-OOUnd downward , $13.50 to $13.95; bulk 240 to 280-pound butchers , $12.35 to $13.10 late; Z90 to 350-pound butchers , $11.50 to $12; m o s t sows . $10.55 to $10-76. Snippers took 4,500; e s t i m a t e d holdover, 4.000.

Sheep—Rece ip t s , 8,000. F a t l a m b s m o s t l y 25 c e n t s h igher; top seven doubles N e v a d a lambs , $14.25; Idaho and W a s h i n g t o n lambs held late a t pr ices upward to $15; top na t ive s , $14.65 ta packers and c i ty butchers ; bulk, $14.25 to $14.50; some d o w n w a r d to $13.75 and be low; h e a v y buck lambs around $12; cul ls , 25 c e n t s higher, m o s t l y a t $9.50; s o m e sa l e s up to $10; s h e e p s t eady; bulk fat e w e s , $6 to $6.50; feeder lambs s trong to 25 c e n t s higher; top, $14.50 for 501 pound; heav ier kind sa lable around $13.50.

Industrials Sa les Stock High

23 Allied Pack pr pf 201 100 Am Brown Bov . 20-

10 A m C y a n a m pf . . i*Q ?00 Am Gas & El . . V7* 275 Am Lt & Tr 223

SO A m Pub V 1% pf ;»7* 10 Am Pow & Lt pf ^7'

100 Am Seat ing v t c . 33' 300 Do pf 37 < 300 Am Superpow B . 30' 100 IX. pf 26 500 A m Thread pf . . 3'

50 Arundel Co 341

2100 A s s o c G A E . . . . 37 1100 Atl Frui t 1

50 BnJab & Katz ctf 74 100 Bonn Alura . . . . . 14 400 Borden — W 500 tBrad ley F l r e p r . . 55 100 Bridgeport Mach 7 400 Brill Corp A 37 100 B r i t - A m Tob c . 24

1200 D o rts c a s h . . . 1 100 B r o c k w a y M T . 41 100 Bk lyn City R R . 7 100 B u r d m e s 15 100 C-G Spring 12 SO© Can Dry G A t e . . 46 210 Celluloid pf 70

75 Celotex 201 100 Do pf 97 100 Central Stl 70 400 Centrlf P ipe 20 100 Chi Nipple B T . 29 100 Colum El P w wi 53

20 Columbus El P w 255 200 Colum G & E w i V8 300 D o pf wi 96

1500 C o m w P o w . . . . . . 4f 200 Do pf *$ 150 D o w n t s . . . . . . 65 500 Cons Laund M 500 Cons Gas B a i t . . . . 53

5800 Cont B a k 'A" SI 14700 Do 'B' IS

1300 D o pf 83 200 Cont Tob 2( 200 Curtis Aero 11

1200 DeFores t ct f . . . . I 1000 Dubll ier 1 2500 Du Pont wi 133

35600 Durant M o t . . . . . . 1! 200 Dux Co ctf II

2600 El Bond A S h . . . 71 1300 Ely Investors 4* 2200 E s t e y Wilde 'A'.. 2'

100 F a c e d Motors . . 70 Fa Jar do S u g . . . . Ill

100 F i lm Inspec I 50 F ires tone pf 10 Ford Canada . . . .

700 Foundat ion f g n . . 600 F o x Theater 'A'.. 400 Frankl in M f g . . . .

2000 F r e s h m a n 1200 Garod C o r p . . . . . . 1300 Gen B a k 'A' 1600 D o 'B'

100 Gen Necess i t i e s . . . 100 Gen El Ger r e t s . .

9100 Gen Motors w i . . . 100 Gen Pub Soc pf . . 600 Gillette Saf Raz

L a s t

120 97 » ; Caution s e e m s to be the w a t c h word ••7% In brokcr-vge circles . There is no grea* 33% amount of o u t - a n d - o u t bearishness . out 37% with th« market still under fire from 3 0 u the professional e lement , the maior i ty » j I o( commiss ion houses are urging c l ients " j v l t o p r o « e d s lowly in fol lowing any u p -34% : t l , r n * **<«' * r « recommending the pur-jg»? chase of only those s tocks that h a v s

H* •. shown rbl l i ty to withstand sell ing. 71U I Leading i ssues have g iven little |ndi-- •- cation of pool operat ions in the past few

days ar.o while the groups that h a v e been at work In prominent s tocks s r e , perhaps not dissolved, they at least are ly ing dormant until prices reflect suf­ficient adjus tment to favor a resurnp* tion of operations. T h e rails are sti lt considered to be in an a t trac t ive posi ­tion and it is bel ieved that much of the profits taken in the past month are re­enter ing the market in this direction.

Mack Trucks ' Strength Renewed buying of Mack Truck*

which has been in s teady progress s i n e s UK* stock sold around 120 is another p u s -xle which the speculat ive e l ement tn t h s street i s trying to solve . The two lead­ing Stock E x c h a n g e houses which had been looked upon as control l ing marke t operat ions and direct ing m o v e m e n t a ttt •- - - «_.«. , „ s t s t t m e n t a

497% 497% 497%

Mack Trucks, according to . made by their affil iations, have taken no part In the buying , but instead s o m a Interests closely assoc iated wi th t h e n huve disposed of speculat ive l ines, the last of one large block coming on t h s market below 110. It w a s c o m m e n t e d upon a t the t ime that the market a d ­vanced whi le this l iquidation and pronU tak ing w a s in progress .

Or. Thursday , when formal denials were m a d e that General Motors h a s n o intent ion of endeavoring to obtain c o n ­trol of the property, the stork suffered a break of five points to 121, and it w a s then supposed that those denials ended the movement. Accumulation has been resumed, however, and the only expla* nation is that seme new interest or group Is accumulating the stock for special purposes.

In Peculiar Position. Philadelphia A Reading Coal A Iron

Is now about half way between its high and low of the year following the ad­vance of more than three pointa in tho last few days. For a time the stock war under pressure because of unfavor­able earnings following the long "nMl coal

Flour and Feed

%

%

meal, 36 per

1

FLOUR—Steay. Less than carlots, per barrel. In one-eighth barrel paper sacks: Best patent, $10.20® 10.26; bakers, $8.75®9: first clear, $8.26®8.35; pastry, 39.50; graham, $9; light rye, $7.40 ©7.50: dark rye, $5.45®5.50.

F E E D—Demand limited, receipts small. Per ton, less than carlots, f o b . mill-sacked: Bran. $28; standard mid­dlings, $29; flour middlings, $35.50; red dog. $40; cracked corn, $38.50; hominy,! white, $36.50; yailow, $36.60; linseed , meal, 34 per cenL, fIS: linseed meal, 32 per cent., $46.50; cottonseed meal, 43 per | c en t , $41; cottonseed cent., $38.

Boston Stocks Aug. 20. High

Arizona Comml 12 Amoskeag Calumet & Hscla .. Copper Range Edison Elec Gillette , Hardy Coal Island Creek 181 Isle Royale 13% Mass Gas 83 Mohawk 40% New Cornelia 23% Torrlngton Co 69 Tower Mfg 11% Utd Shoe 60% Utah Apex 8% Waldorf 21% Warren Bros 50

Detroit Stocks

51 18 17

229 92% 17

L o w L a s t 11% 12 60% 17% 17

229 92% 17

181 12% 82 40 23% 68% 10% 50

8% 21 49%

60U 17% 17

229 92% 17

181 12% 83 40 23% 68% 11% 60

8% 21% t t %

Aug. 20. Contl Motors D e t Creamery Fedl Mot Trk n H o u s e m a n Spltzley Mich Sugar Packard Motor P a i g e Motor Parke D a v i s Reo Motor 21% T i m k e n Axle 13 Truscon Steel 26%

H i g h 1 1 % 41 31% 32%

8% 37% 16

123

L o w U % 41 31% 32%

3% 37 15%

123 21% 13 26%

Pittsburgh Stocks Devon Ion Oil . Lone Star Gas

16% 3 9 %

Ohio F u s l Corp 41% Okla. Nat . Gas 28% P i t t a PI. Glass 290 Sa l t Creek Cons i Std. Sani tary 100% W a v e r l y Oil 42

16% 39%

28% 290

S% 100

41%

Las t 1 1 % , 41 31% !

32% i 3%

37 1 6 ,

123 2 1 % ' 13 i 26%

16% 39% 41% 28%

290 9

100% 41%

800 Glen Alden 17.4 1800 Goodyear T & R. 35V

100 Grand Stores 65 300 H a p Candy ' A ' . . . 64. 100 Hel lman 14* 100 Hel lman pf 31* 100 Heyden C h e m . . . . 1 | 100 Hires Co (Chas E 23V 100 Imp Tob C B A I 27 V 200 Inter ProJ I1V 100 Inter Utl l " A " . . . 30

1000 t K e y s t o n e S L . . . 42 150 L V Coal Sa les 94

2100 Leh P w 8ec n . . 17? 3200 Leh V Coal . . . . 421

100 Lib McNeil l n . . . 8V 700 Mesabl Iron II

75 Met 5 A 10c pf 38^ 100 M i d l W Utl l . . . . 112« 100 Mid W e s t Utll p 1 117 200 Mohawk V a l l e y . . 39 500 Municipal Svc . . 21 300 Nat l B a k i n g 121 300 N a t El P o w A . . 24 100 Nat i Pub S v c A 191 100 N e v Cal El 22

20 N e w J Zinc . . . . 193 100 N A m n C e m . . 21

1100 Northeas t P w . . . 19« 4UW Nor Ohio P w . . . . 16«

600 Nor Sta P o w . . . 10 Ohio Bell pf . . . .

100 Ohio Fuel ICorp 100 Ovington pr pf . . 9' 100 P a c Stl B o i l e r . . 13 120 P e n n W A P w . . 154

10 Phe lps D o d g e . . . 115 300 Pick Earth c t . . 13 40 Proc & Gamble . 138

100 P u g e t S o u n d . . . . 28 400 Puri ty Bak A . . . . 45 300 D o B 39 100 Pyrene Mfg 12

1000 Rand K a r d e x . . . . 43 20 Rlty Assoc Brk . 117

200 Rea Motor 21 6500 Rickenbacker . . 5 2100 Servel Del 18

200 S e e m a n Bros wi 28 100 Si lvers B r o s . . . . 2T 100 Sierra P a c El . . 27 400 Si l ica Gel 18

1100 S E P w A Lt . . . 29 200 D o part pf . . . . *6 100 D o w n t s 9:

400 South G A P A . 21 100 Stand P u b 7 400 S tan ley Co A m s . 81 400 Swi f t Ipternac . . 20

60 Swi f t A Co 115 2600 T e x a s G Snip wl 41

600 tThermlodyne . . 50 500 T h o m p s o n v tc . . I

1500 T i m k e n Axle . . . 13 500 Tob Prod E x p . . 3 900 T r a n s L u x D P . . 8 100 Trumbull St l . . . 11 100 Truscon Stl 26 20 Tub Art Silk ct f . 188

100 Tungso l L a m p . 8 200 D o A 18 300 U t d El Coal ctf . 13 100 Utd B i s c u i t B . 300 Utd Gas Imp .

1800 Utd L t & P w A . 16% 100 IT 8 Lt A H t . . . 22% 400 Utll Share 9% 100 D o opt 2%

1100 Victor Talk M . . 96 1800 W a r n e r B - P l c t B 28

100 W e s s o n Oil ct

. ? * 1 strike, but with the settlement of that strike the outlook apparently is assured as far s s labor is concerned for the next ten years. So far this company has not gone on the dividend list, although prior to the coal strike last year it hsd been thought that it would be placed on a $4 annual basis.

The position of the stock is compli­cated because of uncertainty regarding the attitude to be taken by Baltimore A Ohio on the "rights" on 600.000 shares of Reading stock owned by B. A O. Tha advance in the coal stock has material­ly improved the value of those "rlghti" and may be a factor In causing liberal bids to be made If the Baltimore A Ohio should elect to retain Its holdings of Reading railroad stock and dispose of Its "rights" in the coal property.

400 Ohio Oil • 100 P e n n - M e x F u e l .

1700 Prair ie O A O . . 100 Prair ie P L

10 Solar Ref 3300 Std Oil Ind

100 Std Oil K a n t . . . 100 Sid Oil K y . . . . . . 100 *Std OH ->«hr--

6400 •Std Oil N Y . . . 10 Std Oil O h i o . . . .

300 V a c u u m Oil

6 0 % 69% 6f% 20 M M 31% »•'*•

125% 125% 109 209

64 61% 21% 21%

123% 121% 122% 49% 49 49 52% 32% 12%

305 $0* 305 102 1 0 1 % 1 1 1 %

5< % 123% 204

2 1 % a, • "

100 D o pf 96%

900 Anglo A m i r , . , , 17% 50 D o n o n - v o t . . . 17% 100 At l Loboa 1%

10 B o r Scry . . . . . . . 285 150 ' B u c k e y e P L . . 47% 900 Cont inenta l 20% 100 E u r e k a P L . . . . 49%

1500 H u m b l e Oil 80% $00 Imp OH Can . n . . 36%

50 Indiana P L . . . . 59 8800 Inter P e t r 14%

100 Nat l Trans i t . . . . 14% 2 1 % 14%

independent Oil* 1700 A m Contro l led . . . 1% | !

400 tCardinal P e t r . . . 55 11 300 Carlb Synd . 14% 14

1600 Cit ies Svc 44% 44 100 D o pf • . ! » % W

2000 Colombn S y n d . . . 2% 2 300 Cons Royalty . . . 9% 9 100 Creole Synd 14% 14 100 Crown Centra l . . . 2% 5 600 Euclid OH 1% 1

23300 Gibson OH 4 " 200 Klrby Pe te 2 2

1200 Leonard OH • 400 tLivinsrston Petr . 75 75 100 Lone S»ar G a s . . . 19 19 100 Mariand Mex . . . 2 2

2600 Mex Panueo 4 3 100 Mount Gulf 1% 1 400 Mount Prod . . . . 24% 24

70 N a t Fuel A G a s . 155% 134 900 N e w Mex & A L 12% 12

1200 North Cen T e x a s 10% 10 7000 t N o ' w e s t OH . . . . 8 6

700 Pandem OH 8% I 600 Red Bank 10% 20

2300 Relter Fos ter . . . 27 26 142O0 tRoyal endn . . . . 75 19

700 Salt Cr C o n s . . . . 8ffc 8 300 Salt Cr P r o d . . , . 10% 1« 100 Savoy OH 2% ! 200 Bhrevep El D . . . 800 Tidewater Assoc 100 Venez P e t e . . . . 200 Wilcox n e w . . . . .

16000 t Y Oil A G a s . . $0 28 Mining

Sales Stock High Los 5000 U r n Tin A T u n c 2 2 5000 tArlz Globe . . . . 13 II 700 Cons Cop M i n e s , 2% %*

J000 tCortea S i l v e r . . . 9 T 200 Cresson Gold 2% 2"

1000 tDo iores E s p 39 29 500 Eng ineers G o l d . . 6 5'

107000 t E u r e k a Croesus 16 10 11100 t F a k o n L e a d . . . . 69 67

500f) tF lorence Gfd . . 9 9 100 t F o r t y - n i n e M . . 12 12

2000 tOold M i n e s . . , . . 2 1 400 Golden Center . . 2% 2'

5000 t H a w t h o r n e 13 12 100 H e e l * Mining . '"

3400 Kay Copper . . . 200 Msson V a l l e y . . .

320"0 ' N a t i o n a l T i n . . . . 20 200 N e w m o u n t . . . . . . 66 86 400 NY Honduras . . 12% 11

1000 Nlp i s s ing 6% 5% 1000 Noranda M i n e s . . 19% 16%

200 t O h l o Copper 68 I I lOOOO tPlym Lead . . . . 11 11

100 So Am P A O . . 5 1 2000 tSpearhead . . . . . 4 4 900 Teck-Hughes ... . 4% 4 » 100 tTonopsh Ext . . 50 10

1000 Utd Vsrds E x t . . 21% 28% 1000 tUnlty Gold . . . . SO SO •Ex-dividend; tcsnts per share.

21

ii

—1926— S a l t s Stock a n d H i g h L o w in 100s d iv In S

%

•/a

2 9 % 3 1 %

98% 32% 52 78% 2 1 % 2 3 % 85%

110% 32 81 8 5 % 1 8 % 3 9 % 8 5 %

7 pf 7

'/4

5 Va-C Cham 36 Vlvaudou 21 W a b a s h R R

7 W a b a s h pf ' A ' 5 . . 2 W a l d o r f Syst 1.25. 2 W a l w o r t h Co 1 . . .

74 W a r d B a k i n g ' B \ 1 W a r e B a k i n g pf 7

77 W a r n e r P l e r ' A ' 2 1 W a r n e r Bros 1 W e b s r H e i l b 4 . . . 2 W e s t M a r y l a n d . . 4 W e s t e r n P a c 1 W e s t Pac pf 1 . . . 2 W e s t e r n Un Tel 1

22 Wes t tngh Air B 6x 113% 137 W e s t i n g h o u s e El 4 6f%

7 W e s t o n El Ins . . . 9 Wheel ing A L E . . 1 Wheel A L E pf

H i g h 91 1 1 % 46 7 5 % 2 1 % 16 38 • 1 % 1 0 % 4 1 % 5 1 % 1 2 %

• 5 % 145

18% 2 4 % 4 3 %

L o w 9 0 % 2 1 % 4 4 % 75 2 1 % 16 34 • 1 % 2 1 % 4SVs 56% 12% 8 8 % M' / ' ,

141 1 3 1 %

6 1 % 1 7 % 24 4 3 %

N s t C h ' g .

% L a s t

91N + 1 1 % - % 45%— % 78 2 1 % — • % 16 8 4 % + 1 % • 1 % + Y$

4 9 % — 5 * % — 1 2 % — s?v5— •5%+

145 — 112%-*- 1 % M%— % 1 1 % 24 - % 4 3 % - H

— 1 9 2 1 — Sslss Stock and H i g h L o w In 100s div In I

1 % %

%

2 1 % 90 49 34 99 12% • 1 % 22

222 19% M 16%

106% • 5

2 5 % 6 1 % 4 7 % 18 9 1 %

1 42 14

ISsVs 2 4 % • 0 % 20 9 1 %

1 W h i t e Eagle OH 2. 21 W h i t e M s t C a r 4 .

2 W h i t s I w g M e h pf 145 W i l l y s - O v t r l d . . . .

2 W i l l y s - O v t r l d pf 7 2 W i l s o n A Co n 1 W i l s o n A Co pf . . 2 W i l t o n A Co c t f A

17 W o o l w o r t h F W 4x 6 W r i g h t A t r o 1 . . . 1 Y a l e A T o w n * * x .

73 Y e l l o w T r u c k .75. 1 Y t l T r u c k p f 7 . . .

29 Y o u n g s t n S h A T 4.

H i g h

ft M 10 M

112% 31 67 so%

1 M % • 1 %

Las t

*

e—Plus 4 % In stock, d—Plus 2 % % In x — P l u s e x t r a s . _ . — _ stock, a—Plus 1 % In s teak , f — P e r c e n t p a y a b l t g—Plus 5% In stock, k—Cash or stock opt iona l , h — P a r t l y M o c k , n—Plus 11 a share In sptc ls l stock. " " p— V a r y i n g r a t e — t h i s la c u r r a n t .

In stock.

•— Ex-dividend.

•K+ % 8 5 % - % 73i/«— Vt

METAL MARKETS New

3-43 T e x Gulf Sulp 10. 17 T e x A Pac C 19 T e x a s A Pac

9 T h i r d A v e R 11 Thompson J * # • • 7 T i m k e n R o l l e r * . .

84 T o b Products 2 1 . . 3 T o b Products «m'

49 Transscont O i l * . . 4 U n Bag A P * $ # •

27 U n Carb ide A 43 5. 4 U n Oil of Ca l E . .

19 Union Pac I f . • • 2 Union T a n k C a r 5. 2 U t d A l loy S t e a l 2 .

72 U t d Csgar S 10 U n i t e d D r u g

2 U t d D 1st pf 1 United Fruit 2 U t d Paper Be

17 U S Cast I r o n ! 2 U S Cast tron;J»f 7

27 U S Dist . . - . « - • • 105 U S Ind Alco;

7 U S Rea l ty A I I 29 U S Rubber

1 U S Rub 1st 4 U S Smel t 3.

2847 L S Steel 7 J U S Steel pf 1 L S Tobacco

34 Un iv Pipe . . • > • 1 U n i v Pipe pf l l .

12 V a n a d i u m Cosp 1 V a n R a a l t e . & . 1 Va-C Chem 1 f f

, York. Aug. 20—Copper was lo -% 1 active today, with leading producers

still offering the red metal at 14 1-2 cents a pound, delivered In Connecticut valley. There Is some "second hand"

/ • , copper on the market, however, which 1 can be bought below this figure. % I A quiet but easier export market pre-% | vailed, being quoted at 14.35 cents.

I f. a. s. New York harbor, and 14.60 % c. 1. f. London, Hamburg or Havre. % 1 The New York Metal Exchange % ; quotes:

Electrolytic copper: spot to October. ' 14.20®14.30; steady.

Tin—(Straits shipments): spot and August, 64.87% ® 66.37%; September.

• 64.75®63.12%; October, 6417%©64.75; % Vm 8.90 nominal; "Lead*: spot to October,

dUZi'nc- East Saint Louis spot to Oc­tober, 7.40®7.50; firm.

Range of Coffee Prices 10.

• p 4

A u g . 2C Sept . Dec. March May July 59/4 +

107 j 38 — 1

150 — % ' 128 — % : Kn%. ;

63 ; O c t . . . . 22%— % l D e e . . . 73% T 1 Jm«. . . . 40%— % M a r . . . 15%— % , M * y . . .

Open IS.17 17.40 16.68 16. IS 15.90

High IS.21 17.43 16.SI 16.30 15.94

I*ow 18.10 17.30 16.62 11.17 15.85

Close 11.20 17.43 16 . t l 16.20 15.34

Range of Cotton Prices 20 Open High l iow C o s e

. . lfi.7* 16. t2 . 16.73 16.78 „ 16.77 16.M

16.97 17.04 17.01 17.IS 11.97 17.00

-..^BISS & . . . . < : ; " • . . . - •

16.74 16.72 H . 7 9 17.01 17.13 17.09

P.C1. n is 17.35 IS.70 16.19 15. $7

P . CI.

is. n 16.71 16.77 i t .69 1 7 . 1 2 , 1240 '

WATCH tor STARTLING ANNOUNCEMENT

PINEHURST Lake Shore's Choicest

Subdivision

Uberty Bank Bldg. Seneca 6480

A -* •

I

' (' ?' 1 f

•1

1

*

i i i

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