Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-10-02
.LANST0N LEADS
LOCAL TRADING
Number of Transactions on
Washington Stock Ex-
change Causes Interest.

Lanston continued to be the feature
OF trading on the Washington Stock
Exchange today. The aggregate or
shares dealt in was not large. but
the number Of transactions gave the
session the appearance OF being q
Lanston market The price held at
761s for all the trades.
The first transaction was in q ten
share lot, and then followed success
sively turnovers in three fve-share
lots. three en-share lots, two twenty
share lots and one five share and one
three-share lot.
Washington Gas So to the extent of
$1,000 changed hands at 95h and If
teen shares Of Columbia Graphophone
After call two $1,000 blocks Of
Washington Gas IS changed owner
ship at IS.
Warrington Bank Clearings.
Bank clearings through the WASH
ington clearing house for September
were $62,576,902. an increase over the
clearings for September. 1918. Of
$4.67S,933.
Seaboard Air Line Earnines
The August gross earnings of the
Seaboard Air Line. reported to the
Interstate Commerce Commission.
~ ~ern,, $S; iaIs decrease ee under
crease of sa1,77s. The net OPERATING
$14,06S
The gross for the eight months Of
1919 was $27.137.71s. an increase over
the corresponding period in 1918 Of
S2,b04. 456. The net operating income
for the eight months was $i,s77,664,
decrease under the FIRST eight
months of 1918 of $490,025.
Stock Sales in September.
The number of shares traded in on
the New York Stock EXCHANGE in
September was 24.222, 300, exceeding
the record of twenty years, with the
exceptions Of 1906 and 1915. The
daily average was 1,oos.262 shares
1919 were 227.725,400 shares, q daily
average of 1.044,611 shares, Satur-
days included.
Short Cotton Crop.
report on the condition of the cotton
crop as Of September %. say:
The cotton industry will have to
reckon with another short crop, the
NTH in succession, the indicated yield
per acre being the smallest Of which
we have any record. On account of
continuous wet weather in the early
spring the crop was never promising,
except in few localities. Cultivation
was so interfered with that the fields
became foul with weeds and grass,
and for lack Of labor q considerable
area was never cleaned and had to be
abandoned.
Moreover. the rainfall throughout
May and June and the first part of
July was superabundant, and there
was SO little sunshine that the plant
developed a poor tap root and an
overgrowth of stalk and limb, bearing
very little fruit. Most of the fruit was
made in June and July and compare
lively little after the LIST of August.
This is evidenced from the fact that the
bottom fruit of the plant. which con-
stitutes about 25 per cent of the
crop, is light in nearly 30 per cent
of the cotton area; the middle crop. or
cient in about ~ per cent of the area !:
while the top crop, or 10 per cent of
the fruitage, is an entire failure on
nearly 80 per cent of the area. due
mainly to insect depredations. Army
and boil worms infest IS per cent and
boil weevils so per cent Of the cotton
area, and their combined destruction
of the crops while not calculable Is
far beyond precedent.
IA percentage condition of 54.4
would Indicate a yield OF 1873 pounds
to. the acre, and crop OF approx
mately 10.735.000 bales"