Show SUNDAY MORNING SEPTEMBER 1923: SO THE OGDEN STANDARD-EXAMINE- THEY SHALL NOT PASS! PRICES GO DOWN RALLY IS SEEf IN iVALL?TREET IN BOND Trade Conditions Show Revival" But: Mart Discounts These By CHARLES F SPEARE In GRAIN - - wot $110Hlll: " -- 11 s $llSi s ' : : con-tide- nt FLOUR at -- — — Alta" LIVESTOCK All Chem & Dye Am Can 4m Car & Fdy Am Linseed Am Am Am Am Am Am 200H — OMAHA Sept 29— (U S D A) iiogs — Keecipts 2 2 00 steady to 107 10c higher top $1050 strong 95 H cn 250 spots butchers bulk 200 pound 116 to 280 poundb utchers $1025 1040 bulk 180 to 200 pound 97 lights $10 00010 '25 244 Cattle— Receipts 400 calves 72 100 week ago: Fed Compared il79' steers and yearlings uneven betl&H ter strong to 25c higher 164H shortgrades feds and grassen weak to 9 25c to 40c lower she stock 25c to 192 50c lower extremes 75c oft heavy 160 H calves $100 to $200 lower stock-ei-- s 184 and feeders 25c to 50c lower Bulks for week: Fed steers and 64 yearlings $14001700 year219 lings and medium weights $1775 182 ieu neners ?13ou©147o grass 43 53 75 11 00 grass cows reirers 86 H 9 : : Loco Sm & Ref Sug T & T Woolen Tob "B" Armour "B" Achisom Atl Cst Line Atlantic- - Ref ''114 Bait & Ohio-Beth Stl Canadian Pac Ches & Ohio Chic M Stp & Pac pfd Chic & N West Chic Ri & Pac Chrysler Colorado Fuel Colo Gas & El Cons Gas - Corn Prod Dodge Bros "A" Du Pont de Nem Erie Fleischman 127 119 70 124 HI 78 84 23 H 396 " Freeport-Te- i X 69 S4 58 164 216 105 119 101 100 23 127 141 ? Gen Elec General - Mot Gen Ry Sig Gillette Saf Raz Gold Dust Gt Northern Pfd Gt N Ir Ore ctfs Greene Can Cop Houston Oil Hudson Motors 111 Central 87 70 H 292 Missouri Pac Montg Ward Nash Motors N Y Central N Y N H & Htfd V 73 101 82 -- 1 48 150 cutters ewes $5 00® 63 42 $350700 to 50c 7 00 SOUTH SAN FRANCISCO Sept 29— (U S D A) — Hogs — Weekly receipts 3900 Compared weetc ago: Unevenly steady to 30c lower top on good 170 to ISO pound 104 Idahos $1200® 12 25 &5 Cattle— Weekly receipts 1150 81 139 Compared week ago: Steers gener116 ally! 50c lower upper grade cows 50c to 75c lower common and cut18 ter cows weak to 25c lower top 150 30 good 1035 pound Utahs $1235 bulk top medium and low good 124 $11 75 12 25 medium grade 800 147 to 9g0 pounds $1100 011 50 load 61 45 H near good 825 pound Utah heifers 35 $1025 bulk $90Q1000 good Idaho cows $925 cutters $350® 80 6 25 63 calves weekly receipts 225 70 good light weights absent steady to weak load good 260 pound 23 138 $13(75 medium' 190 pound" $1325 188 heavy $875 ©1200 201 Sheep — Weekly receipts 3050 129 Compared week ago: Weak to 25e lower top good 66 pound Oregon 38 lambs $1315 five decks good'78 158 to 80 pound Nevadas $1300 me80 dium grade wooled 83 Oregons 45 $1200 wooled feeders $1100 shorn $10" 00j yearlings $900® j104 950 ewes steady few decks good 29 $675 medium $400450 culls 192 and common $200325 39 70 80 209 - I Studebaker Texas Corp Tex Gulf Sul Tex Pac Ld Tr Timken Roll Brg Union Carbide Union Pac U S Ind Ale U S Rub U S Steel ! Vanadium Wabash West Maryland Westingh Elec " d Wool worth V Yellow Tk Allis Chalmers Burroughs Add Mach Calif Pac Elec Pow & Lt Goodrich (B F) Co Tire Kraft Cheese Kresge Co Lambert Co Nat Cash Reg "A" Richfield Oil of Cal Stand Gas & Elec Western Union Tel 133 175 KANSAS CITY Sept 29— (U S E A) — Cattle r- -! Receipts calves 200 For week: Most 78 39 84 25 ld 65 - 78 123 90 49 72 146 iS50ll00j Sept 29 — (AP) — Butter higher 10660 receipts tubs Creamery extras 47c standCHICAGO extra firsts first 43H44c 46c: 41®42Hc Eggs unchanged cases 45 Q seconds receipts 8494 700 kill- ing classes unevenly 25c to 75c lower medium grades of grass steers arid heifers 4 tnost veal-tr- s and calves 50c to $100 lower stockers 15c to 25c lower feeders 25c to 50c lower bulk nar tive fed steers and yearlings $1450 1700 top yeat-ling$1775 short fed grass steers $1250® 1425 straight grassers $950® 1200 extreme top vealers on close $1500 grass cowsi $750®900 stockgrass heifers ers and feeders $95001250 Sheep — Receipts 600 For week Lambs 25c to 40ci lower sheep fcteady feeding lambs fully 50c off top range lambs early $1400 bulk $1350® 1390 top- natives most sales $1325 $1200® $1300 range ewes largely $625® C'50 top $675 late tales feeding lambs mostly $12251250 Hojrs — Recepits 1100 strong to 10c higher than Friday's average s BUTTER EGGS c top $1375 bulk heifers numerous $100 calves receipts 750 steady lower Sheep — Receipts none medium to choice lambs quote I $1175® 1350 medium to choice wdoled 63 d 46 LOS ANGELES Sept 29 — (U D A) — Hogs receipts none slow weak car 133 pound Utahs 51150 packing sows $975 For week Receipts 5000 Closing un- $960 ©1075 91 175 Rep Ir & St Reynolds Tob "B" Stl & San Fran Seaboard Ail Line Sears Roebuck Sinclair Con Oil Southern Pac Southern Ry ards stockcrs and feeders $11251275 Sheep —Receipts 4000 salable supply 3 cars fed clipped lambs average 91 pounds at steady $1200 balance of run feeders and directs to packers for week fat lambs 50c to 60c lower sheep steady feeders 50c tq $100 low er Closing hulks follow: Fat range lambs $13001325 top $1350 natives $12751300 top $1325 fed clipped lambs $12 00 12 25 fat ewes $550650 top $675 mnge feeding lambs $1150® 1250 feeding ewes $4 75 (p) 550 ewes good for one year service up to $700 bulk mixed lots breeding fewes broken and solid mouths 8 00 $7 50 yearling ewes up to $10001250 73 257 Nor American Northern Pac Packard Pan Am Pet "B" Paramt Fara Las Pennsylvania Phillips Pet Postum Pullman Radio Reading Rem-Ran- Kelly-Springfie- $650® veais-$150- 70 183 63 H evenly $100® 125 lower week's 183 top $13 00 comparable kinds at 101 close quoted to $1235 91 Cattle — Receipts 3100 steers 38 to strong other classes steady 42 steady to 15c lower bulk steers Kennecott Mack Truck Marland Oil Mo Kan & Tex Willys-Overlan- cutters 00 S 35 St Oil Cal St Oil N J St Oil N Y 75® 750 practical top $1300 140 Int Com Eng Int Harvester Int Mer Mar pfd Int Paper Inter Tel & Tel Kan City South Inter Tel & Tel $7 - 39 02 i -- Croff Chief Gon '' Daly: East Standard Empire Mines Emerald E Crown Point E Tintic Con Eureka Lily Eureka Bullion that there 06 i 03 05 13 20 05 44 ' 197 65 06 10 07 03 95 94 10 11 10 :06 03 04 06 63 06 '60 147 07 160 10 165 160 60 50 09 0 1 1 03 08 35 82 08 19 06 30 81 '07 18 100 70 16 15 1000 1100 : 170 HOGS GO DOWN 200 01 95 52 15 100 00 01 Big Six Black Mr' Coloriver '"00 i 7V ' ' 90-pou- POTATOES f 05 05 03 'I 9c 42c Croff 15 00"' !0c at' Eureka Lily 100 at $185 1300 at $200 1000 at $197 Eureka Bullion 200 at 64c East Standard 7000 at 3c Little May 2000 at ' Lehi Tintic 7000 at 7000 at 3 c Leonora' 500 at Hcf iSXSQ at 6c 4000 at 4He- - 2000 t6Hc Bingham 1000 at New Quincy £00 at 81c ' Rico Argentine1" 500' at 53cj - 4c 3c " 6c ' Silver King Coalition" 100 at V $1337H Tintic Standard 100 at $1400 700 at Walker 65af $lv80 1000 at $1S5 $182 Zuma 600" at '9c Tintic Gianr? 1000 at 93c 1500 : at 94c 2500 1500 at 97c 99c af 95c 3000 at '2700t f 9Sc at 500' ' ' - at £00- V 7c c 13S 800 "7? t 30500 $1500 900 1000 10900 11100 9900 10100 U 9900 10100 10450 10650 I I30ND3 Hid I Amalg Sugar 1937' Columbia Steel 5s 1 Asked 7a 10476 10575 9800 10000 1947 Conti Natl B&uts 10000 10400 Bldg 6s 1927-3- 4 Chief Con 7s 1934 104 00 10600 David Eccles 6 s 192734 10000 10450 Knight Sugar Co 1927-44- 7s 10400 100 1 '" Morgan Canning 7s 1938 Mutuei Creamery 94 10200 10000 100 110200 100 1927-3- 8 Nibley Stoddard Lumber 7s 1927- - 31 Ogden Portland Cement 7s 1828- - 10000 10300 9500 10000 32 i Rocky Alt Pack Corp& 7s 5s StL Og By 1934 ir 45 00 T 192 7""S 4 100 St 9900 10150 4000 5000 5300 6700 J900 10150 ' Telluride Power Co 6s 1938 Utah Hotel 7s 10100 1942 10500 Sugar 6s 1928-4- 0 3300 Utah Lt & Pr 4s 1930 9775 Utah Lt & Tr 8a 1934 10400 Utah Pr & Lt 63 9400 do 6s 2022 10360 Virtue Cliff Bldg 1928-3- 9 10050 Utah-Idah- o l ' 63 choice kinds lost sharply at close after early advances lower grades 25c to 50c off fat cows and heifers 25c to 50c lower extreme top fed steeTS $1860 yearlings $18 4t) western grass steers tip to $1650 approximately 14000 western grass- era in run broad outlet for stockers and feeders at $112501300 new low prices for season Sheep — Receipts 3000 for week 321 doubles from feeding stations fat lambs nroundf 17000 direct choice mostly 10c lower-strictl- y offerings showing least decline and grades showing even more loss in instances top on rangers early a few $1435 practical top $14-1closely sorted kinds slightly above bulk of range supply $1375® 1400 feeder supply sharply decreased from previous weeks bulk of fat native lambs $13 50 Q 1375 a few "loads of strictly choice kinds moat outs upward to $i400 $10 50 11 00: sheep steady 'bulk of fat ewes $ 6 00® 6 50 feeding lambs slow but mostly steady a few choice kinds' up "to $1400 bulk $1325®1375 bulk prices for week range lambs ' $13 50 ® native lambs $1350® 1400 1376 throwouts $105001150 fat ewe feeding $600650 lambs $1325 01375 top prices for week range lambs $1435 na tives $1400 ewes $675 feeding lambs $1400 0 - ST JOSEPH Sept 29— (U S A) —Sheep—Receipts 1000 to day's trado nominaL Fcr week: Fat lambs 25c to 50c lower other classes mostly 25c off' top western D lambs $1375 closing top $1350 few natives late $1200 013-0- 0 good yearlings $1000 fat ewes $4S0tT700 feeding lambs $1200 1300 CHICAGO - at High 116 119 123 126 Sept Dec March May : CORN: Sept Dec March n Dec new ?- TflS£5 XMZi f 1I 1 UWE 5 ON SAYINGS 3§ Pa tSi5? 'Zl s r I?L I 1stEEC a 3000 lard: 82 45 43 42 - 45 - 107 101 103 104 The prosperity of Ogden depends upon your prosperity and ours Close The money you deposit in theOGDEN STATE BANK not only works for you'eaming 4 compound interest— it works for Ogden financing the industries by which you live and prosper ' ' If you would grow with your city " SAVE Conservative'management Capital and Surplus of $40000000 and State Government Supervision safeguard your funds here - 117- - 122 124 : 44 112 103 104 106 For Your City's Sake 114 l78 79 83 44 45 May May-- w -- 43 March RYE: Sept Dec March '84 96 179 80' May OATS: Sept new Low 114 116 121 134 J 87 78 80 83 43 42 44 45 !'' 112 102- 103 105 - - ' 1220 Sept 1220 1195 1220" Oct RIBS: 1450 1437 14J0 Sept oct: "i BELLIES: Sent 1495 Oct V ' "5-'$wl47li'ii " JUDGE OAK'S9 MOUIHWASH HORICON N the dis trict school resumes here this month Miss Isabel West will be free to use a soap mouthwash' on bad boys Judge- George S Daley cf Warren county haa given hia written approval of that method of punishment Mls West wrote for advice on the subject when par ents threatened a law suit as a re sult of a "wash" administered by to a boy who usd profane language in her presence ' " T Y-v- - 1 hr I CO 9600 10600 10700 I II J 1 29— (AP) — Sept 105 i 5c FUTURES Table: WHEAT r 10100 9875 149 OILS grade lower :j losod 39tyeakstoder One Coritfmiousjifa Crescent Eagle 2000 at Diamond 1000 at 3C S D Com- 10300 BANKS — (U S D National Treasure 2000 at !0c quality considered" no strictly 500 at 19c4 choice grades offered practical at 7c Silver Standard-300- 0 top $1060 on 185 to 240 pound 100 at $130 2500 at Afton tew 180 to 270 pound $1035® $135 1060 CHICAGO Sept 29— (U A)— -- Cattle — Receipts P00 pared to week ago better fed steers weak to 25c 6D4OO '' 300-rnile- s- 1 N6fth Lily 10 Oat "$790 Mineral Veins 1000 at 12f - at Tintic Lead 10'0at $18of l00" at 100 at $200 609 at $1:90 $187 Lead 1000 at 60c Magnolia 16-East-Uta18c 29 Sept 96c 600 ' - Co Z C M i Bid j Asked Bankers Trust 18500 Columbia Trust 8250 10000 Contl Natl 13000 14000 Deseret Natl 28500 29500 Deseret Savings i 20500 21600 'First Security 12300 12500 Corporation National Copper 14000 13000 $105 0110 Utah State Natl 26500 28000 Utah Sav & Tr 15000 16000 SALT LAKE CITY Sept 29 — Walker Bros 19800 20500 (U S D A) — Potato shipments: Zions Sav & Tr 31000 32000 September 28— Total United States shipments 1222 — REAL ODDITIES Principal states California 41 Colorado 80 Idaho 42 Kansas WASHINGTON — - Odd things 42 found by the Smithsonian Institu222 59 Maine Michigan Minnesota 127 Nebraska 29 New tion expeditions last year were: robin men who Jersey 73 Long Island Ill North A chestnut-side- d S3 84 Dakota build their homes of human skulls Pennsylvania 39: Washington in Formosa and a fish that' can South Dakota 56 Wisconsin 95' Wv°mmg 30 climb a river bank with its tail and o fins and travels on land about' BEAOTTFUL as fast as a man walking slowly OSLO — The" Aurora Borealis recently viewed by Dr Carl Stormer STEPS TO CRIME flaunted a Norwegian scientist LONDON — Little crimes lead to but ihtb the heavens to a height of Parts of the phenom- bigger ones Two men recently enon caught the rays of the sun fined for larceny at Gateshead already set at the height of 600 were said to have stolen the'stairs from an unoccupied house miles CHICAGO - at Walker Bros D ln — Potartoes — Receipts A) on 339 U S Crescent Kagle 03 Diamond Oil 4 Equity Oil' 10 Mountain States ' 07 Utah Oil Ref 950 1100 Utah Southern275" 350 ' September 29 192 8 SALES Central Standard 1500 at Colorado Con 500 at 10c Cardiff 100 at 43c 100 at 41c 400 J 7s do 63 prd 7600 v630 1425 9850 10400 100 21000 15500 10550 65 61 17100 T400 7200 600 1325 9660 10000 75 20000 15100 10350 cars total track shipments 1222 cars trading slow market slightly weaker Wisconsin sacked Irish cobblers 95c$l 05 mostly $100 ditto in bulk 80 085c Minnesota Red River Ohioafand i South sacked Dakota sacked early Ohloa 03 08 05 - ' Sumpter Val IV R $750 0 8 RECORDS BROKEN The sheep run for this w eek to- taled around 445 000 headJ This was considerably under the large sized runs of the previous weeks of the season but total receipts for the month Just closing have broken all previous records for September A small lot of lambs in at the week changed' hands late ' $1150 l5' - Beneficial Life Con Wagon Colb Steel com do pfd Dixie Power pfd Independent Coal Layton Sugar Mt Sts T & T Schramm Johnson pfd Standard Coal Utah Fire Clay Utah Idaho bugar common do pfd Utah Home Fire Ins Utah Oil Rfg Utah Pr & Lt pfd 4 53 25 " -- (As reported by J A Hogle & Co)' INDUSTRIALS I Bid Asked Amalg Sugar com $ 140$ 160 do pfd 7000 7300 to show Silver King Coal 1325 '1350 Silver King Con 175 ' 05 04 Sioux" Mines 49 50 Silver' Shield 07 Silver Standard : ' 06 '"03 02 Tar Baby 03 03 Tintic Central 99': 100 Tintic Giant 1400 1425 Tihtlc Standard 03 02 Utah Con 02 Utah Pete 01 04 Union Chief 09 10 Victor Con 01 West 'Toledo : Walker Mining 187 02 03' West Gold ' 05 03 Yankee Con 09 08 t Zuma t OILS j Bid j Asked i Ashley Valley 03"' 03 m INVESTMENT SECURITIES In hogs prices have continued Cs 1927 a downward trend through- Steptoo Livestock out the current week and are clos7s ing fully $10175 lower than last S L & Utah Ry 5b week's close The best grades of 3044 f light and mediumwelght batchers S L Terminal Co are slow at $975 010 Light lights 6s 1925 are quoted at $925 097 5 and most Springville Maple- ton Sugar 7h packing sows are bringing around s 02 06 01 05 ' ' 1)20 - were be a profit on bonds now purchased in excess of the difference ruling in the Interest rate between the two classes of maturities This attitude has been revealed where the option was given the buyer of note or a long-tertaking a one-yeTh© preference has bond been overwhelming for the lattef as in the recent state of Massar chusetts issue TAX EXEMPT BONDS It is also interesting to watch the rapidity with which tax exempt bonds have been distribute! with a compilation this week indi cates that of $72000000 of such issues offered since the early part of July all but about $5000000 The municipal have been sold market is less loaded down with bonds at this season than in year Frequently there are as many as $100000000 bonds overhanging the market Occasionally the total At' present rises to $150000000 it is only $5000000 Likewise the market for corporation Issues has been steadily drawn up until thv total of domestic and foreign is sues has ceased to be a problem among investment houses Altogether the bond market is in a good technical position in case there should be an unexpected eas ing in money rates in the next three months Money is the un known quantity in the situation and while the prevailing opinion is that rates will continue high until after January 1 bond dealers are not forgetting the fact that last spring banking opinion was strongly to the effect that this country was in an era of low interest rates Therefore they are beginning to hedge on the current prediction that rates are likely to be extreme ly high for some time LIVELY MOVEMENT ' Again this week there has been a lively movement in convertible issues There has also been a tendency in some of the new offerings to make issues go by giving' the buyer a convertible privilege This may be a prominent feature of for-eign loans that will have to be sold in the next six months Publio utility offerings xceed those ofany other group For the present the railroads appear to be completely out of the market for new capital and in spite of active business there la not a great deal of borrowing for the account of the industrials 11 380 03 04 03 Park Utah : 11- 03 " 05 05 15 43 1 -- 63 Michigan Utah Montana BJnghamj Naildriver New Quincy No Standard National Treas Ohio Copper Park Bingham - 10 190 la ar 07 Z&$ Moscow market for week ending Saturday 29: September The market on steers this week was about steady at last week's decline but other classes especially the better grades were lower with most of the reduction on good grade heifers These were around 50 cents off while the mostj of the low spots wer about 25ci under last 'week's quotations Under grades of all classes fared better than good and choice kinds and were generally steady to weak Twelve" dollars was to top price Two loads paid for beef steers averaging 996 and 1014 pounds went over the scales at this figure Numerous loads of pood steers were sold tor $11 01175 Seven loads of good Oregon steers averaging 1040 pounds were weighed at the latter price late in the wfek SALES OF FEEDERS Good and choice weighty feeders in load lots brought $10 6011 23 with odd lots and part loads at $950 105 medium grade feeders steers ranged downward to' $850 The bulk of medium and good heifers on the week's ljite sessions wertt at $825 010 with most load and part load lots of feeders going at $9250960 the bulk of medium and good cows were sold for $7 0 875 while most of the cutter and common kinds brought $50685 bull prices ranged from $675 0785 and the bulk of iedium and good vealers from $9 012 Receipts for the week jtotaled 5231 against 4018 last" week and around 3650 for the corresponding week last year ' 5000 05 04 42 Great Western Howell Iron King Kennebec Kentucky Utah Lehi Tintic Leonora Magnolia Lead Mammoth Mountain View Mason Valley Monarch Lead V is significant 18-- - 10 Gold Coin Gold Mountain - 07- 42 ) By STEPHEN BRAY TJ S Department of "Agriculture Summary of Ogden livestock 135 -' 12 J Week 03 02 :04- - Crowfi Point "Cardiff Beef Division For - - 42- tr' Plutus a Prince better demand today for long term Pioche Con than for short term issues This Price Bristol suggests that investors either of Provo the institutional or Individual type Argentine look ahead to the time wehn money Rico So Standard easier will be rates and there much Syndicate it NEW YORK STOCKS Mich Asked- 1 Alta Con Alta Tun t02 02 Alta Merger' Afton 130 Civ -- 05 Bullion 15Big Hill 02 Black' Metals Bingham Mines ' 4000 06 Bingham Metals 09 Central Standard 03 Colb RexalF 04 Combined Metals 10 Colorado- Con Special Corresiwndent of The Standard-Examine- r NEW YORK Sept 29 — The bond market has now reached the point where it is trying to decide what to do next It has had a good rally Following this there has been a slight average decline in the high-grad- e issues New bonds on a fairly liberal scale have come out this month and with the exception of one large foreign issue most of them have been well taken The effect of the high rate government financing has worn off though it may reappear next month as the treasury now announces an other $200000000 loan in Oc tober to complete the refunding of the third Liberty 4 s Oni the wnoie tne aeaier situation la m a f healthy state BORROWING PROBLEM The problem before those who oorrow ana wno originate bona is sues is whether to meet the pres ent money market or to postpone new issues until a more favorable credit period next year In this connection the action of the Argentine government" is significant A loan of $12000000 maturing this week was offered for renewal by the American bankers at a 7 per cent rate for six months and rejected on the score tha it was bet ter business to liquidate the loan than to pay the price asked for carrying it Not all borrbwers are in a position where they can do this Many of them have been compelled to extend their loans at a consid erably higher rate than that at which they were originally con tracted Twelve Dollars Highest In Bid I By BYRON SELLER i HOLDS STEADY LISTED STOCKS New York -- : r ' Quotations Fitrnlshed by & Co A Salt Lake J Ilogle Stock and Mining Exchange '' RT Pi Issues Term STEER MARKET SALT LAKE MINING STOCK SALES D emand Is Better For Lons Special Correspondent or Standard- - Examiner NEW YORK Sept 29— Curiously enough the upward movements In stocks this year have eliminated or shown hesitation it the end of each quarter This was true of March when an extraVaant speculation In a few issues produced a volent temporary break The most pronounced decline however occurred three months later and was followed bvhe tirement of the public from the peeujaUYe field after Wall street 1rad Witnessed its first Rflssinns nf 5 000000 shares and over There were intermediate declines In both of these periods uch as the one in and then further progress to a July new hish level Now at the end of the Septem her quarter the market once more shows exhaustion after the rapid race at which it had been traveling-" fors several weeks Between August 15 and September 15 it v as passing through a period when stocks were being: accumulated The conspicuous feature of the second half 'of September has been the' distribution of stocks and their trans-le- r from strong into weak hands GRADUAIi DECLINE urom the first of August until trie middle of September the aver ol ine marKet aavmced over 14 points Since then it has had a gradual decline" and with this re action there has been a steady slowing- down In the volume of transactions in reading over it is the stocksurprising list today to see ' how ii any prominent Issues are lower than they were a month ago This includes a number of the industrials that had been leaders the summer Others throughoat nave made a net advance of but lew points although at some time during September they touched By JOHN I BROTJG1IAN nigh-recorlevels Of 25 promin Associated Press Market Editor "nx railroad stocks' 20 are lower CHICAGO Sept 29 — (AP) --than they were at the end of Aug vst m spite of the fact that rail- Fluctuating with extreme rapidity road earnings now being reported the as well as car loadings indicate a corn price of September delivery of today covered a range of 12c striking recovery in the revenue of a majority of the leading- systems a bushel and closed wild 7 He to in net ir not in gross 11 He tinder yesterday's finish CONDITIONS FAVORABLE Toward the end of the day hold irom the standpoint of outward iugs of September corn were of conditions there has been more this the week to promote higher prices than fered on a large scale andtransdownward shot Final price in the weeks' previous Money rates actions were at the" day's lowest to © per cent on call after declined ruling-fo- r a month at an average of iigure--s on September corn con whereas new crop months 7 per- cent The banking posi tracts were but little changed Wheat tion was relatively better for this was affected the action by bearishly or time the year than in August al corn though the past month had wit of ' Aside from the September denessed an Increase in brokers" loans corn closed at a shade to oC $325000000 livery Several of the in c decline Wheat finished un uuointa uwi nave oeen unaer a settled He to 2c net lower: oats cloud had so far regained their unchanged to He off and proviseiauuing as to permit or a reserva ions unchanged to a rise of 30c tion of dividends on- stocks that were not able to show much earning OMAHA Sept 29 — (AP) power last year or in the first quar The revival in iron Wheat —No 1 dark hard $110 No 1 ana steel in oil and in copper has No 1 hard oeen the outstanding' industrial hard smutty $111 No Z hard ?108110 No 3 hard $106® change in the past six months As frequently happens however 107 Corn—No 1 white 88c No fecurmes anticipate the trends of trade and discount them before white SSc sample grades white have fully ripened The fa- 87c No 1 yellow 87c No 2 yel-N- o lley 3 vorable elements in this week's low 87c No 2 mixed S6c situation have made little impres- mixed SSc Oata —No 3 white 40 He No ' 4 sion for the reason that the market had been over stimulated and white" 39 He l ad become stale It can only go to" a certain distance and reach "a ST XOUIS Sept 29 — (AP) — certain level before pausing to rest Cash: Wheat — No 1 red winter end to readjust prices to present wheat $154 No 2 $144145: conditions As it is entering the No 2 hard $119 most decisive month in the presiCorn — No 2 mixed 93c No 3 dential campaign it j3 natural for mixed 92c No 2 yellow 94c No 3 it to slow down and there arc tech- yellow 93c No 2 white 94c No nical reasons why it should do so 6 white SSc HIGHER MONEY FORESEEN Oats— No2 white 4 3 lie No wi v j ah KiiT2 irvcL iiiiti white inuiity 4§H43c ' as well as in the stock market are Close: — working out 'about as predicted Wheat $11 5 H September some time ago Money rates were aked 94 bid December $116 fctabflized between the middle of August and the middle of SeptemCorn — December 78!£c asked ber or until the government fi- May 82 He bid Since nancing had been completed have been moi-- e Irregthenthey CHICAGO Sept 29 — (AP) — ular with a" range from S per cent Wheat—No 2 hard down to 6 per cent and again up to 3 hard$118 No 3 per cent and probably even' highCorn— No 2 mixed 92H96c er rates next month 2 yellow 93H98c No Stocks moved in one general'di-rectio- n — No 2 white 4 4 c No 4 Oats from the 'middle of August white 40(f2 41c to the middle or September SubNo 3 $1 03 Rye— sequently they began to reflect not Barliey — 5673e cply the high price level and the seed — $5 30 f?) 5 90 complete discounting of nearly all Clover seed — $22 00 30 00 of the known elements in than busi ness and agricultural sitnntinn-- hut 29 — (AP) CIT1" the moderate uncertainties of this —KANSAS — Receipts Spt 212 cars unWheat election year's Mo" 2 dark i' or some reason or other It has changed to 2c lower 3 No No 2 hard teen a popular idea that stocks hard $113 1 16 No$1TJ8 3 $106® $108 2 would not be permitted to decline to red $13SH No 3 any extent priof to th 2 "election 112 No There Ls a notion that 'rom some nommauy $ 1 so w± a Clpse: September $108: source sufficient support is available to protect - them in the event ber$lHH — Receipts 44 cars H c to that the public should decide to sc Corn No 2 white 87 lower 90Hc tske its prof itsN and that the mar- No 3 No 2 8790c nominally not b£ to would allowed ket injure yellow 88c No" 3 87c No 2 the chances of the party in power mixed 87c No 5 86Hc an abrupt drop before November by Close: September De ' J 83Hc 6- ' cember 714c Tere" is not much in this theory May76c un Oats — Receipts 13 cars except that those who have stocks 2 No white horainallj" 44 which are well protected would not changed" 45c No 3 43Hc be likely to sell them if they were Rye — 9 7 (3 9 8c confident of Mr Hoover's election Barley— 37 60 H H c So far the market has leaned toward the belief that he will be TOLEDO Sept 29 — (AP) — fleeted There may be a less note expressed by Wall street Corn — No 2 yellow $110101 No! 3 yellow 99c & $1100 during October Clover seed —October domestic IRREGULAR TREND If the market holds up until the $1845 Other grain and seed' unchanged ejection will it continue to — o vance afterwards even should icsulta be satisfactory to the ma- ir rity of business and financial in 11ns win append some-whterests' on the degree to which it may MINNEAPOLIS Sept 29 — (AP) have discounted the election and — on condition the of the Floir unchanged- - Shipments also money Soon after 48526 barrels jrarket in ofNovember the crop moving deBran4 $2350® 2600 j the peak mand is over will come the demand for currency for the holiYORK CURB NEW " day" season so that there is not "'— f inrntich prospect'ota reduction in NEW YORK Sept 2D— (AP)— terest rates until early in January Curb Close quotations: 1 he continued high level for money Contihnental 18 H Oil xeiXl have a cumulative effect' on Elec Bond & Share 130 4 to borrow in who have it those Elec Investment 70 H crder to carry stocks as well as Gulf Oil 124 Pa U on borrowers who require capital Prairie L4n© 188 Pipe enterbusiness lor expansion of 5 Salt Creek Cons t rises view or these Oil Ind Standard 77H conditions and In — 4 the tendency to contract and to re I LIBERTY BONDS ad just that ha3 marked speculathe"' — — in — final — of many tion quarter 4 NEW YORK Sept 29— (AP- Iether years it seems reasonable to expect a greater degree of hes- Liberty bonds: Close itation and more Irregularity in 3HS 9814 from now until the end o4 First 4H trices 1013 J3 2S Fourth 4 Us 1016 J 5--B R A P BIGELOW PRESIDENT E L VAN M ETER D E DAVIS ' VICE4RESIDENT G L BECKER VICE-PRESIDE- ' ' STILWELO OJ TRUST OFFICER CASHIER W N FARR ASSISTANT CASHIER ' ' D J DARKER ASST TRUST OFFICER: - |