Evening Star Newspaper, May 27, 1922, Page 20

F INANCIAL. ~ __THE EVENING STAR, WASHINGTON, D. O, SATURDAY, MAY 27, 1922. ~ FINANCIAL, Grain, Produce and Live Stock LOCAL WHOLESALE CRICES. Eggs—Strictly fresh, seiected, can- GRAIN AND PROVISIONS. BALTIMORE, May 27 (Special).— ed, per dozen, 26, average receipts, | Potatoes, white, 100 1bs., 1.26a1.5 Southern, 2: No. 2, 50a75; new_ potatoes, bbl., 3.0 Live poultry—Roosters, per Ib.. 18 0; bu., 1.00a1.75; aweets and yams, turkeys, per Ib., 25a30; spring chickens, [ bbl. 3.00a4.00; No. 2, 2.00a2.50; bus., per 1b. 50a60; keats, young, each,|1.00a1.25: No. 2, 50a76: asparasus, 50a80; fowls, 28. doz., 2.50a3.00; No. 2, 1.20a1.80; beans, Dressed poultry—Fresh-killed win- | kamper, 1.00a2.0 beets, hundred, ter chickens, per Ib., 40ad5; hens., per | 5.00a6.00; cabbage, crate, 1.00al.5 1b., 20; roosters, per Ib. turkeys, | carrots, hundred, 5.00a7.00; corn, per 1b, 35a40; keats, young, each, 80. crate, 1.50a4.00; cucumbers, crate, Live stock—Caives, choic r 1b., 082.50; eggplants, crate, 1.00a2.2 medium, 5a7. , bu., 10a20. = 1 Lambs, choice, per 1b.. 11.10. 1bs., 3.50a5.00; No. 2, 00; ing Green fruit—Apples, per bbl, 5.00a | onions, hundred, 1.25a7.50; peas, bu 9.00; per bu. basket, 2.00a2.75; western, | 00a2.25; peppers, crate, 1.50a3.00; per box, 2.75a4.25. California oranges, | radishes, hundred, 50a2.00; rhubarb, per crate, 6.50a8.00. Lemons. per boX. | hundred, 3.00a5.00; spinach, bus., 3! 3.50a4.50. Grapefruit, per box, 5.008|50; squash, crate, 1.00a1.75; tomatoes, €.50. Florida oranges, 7.50a9.50. StraW=| crate, 2.50a6.50. berries, southern, 5a20; homegrown.| — Apples, packed, bbl, 6.50a8.50; No. 18a35. S 2, 5.00a6.00; bushel, 1.75a2.50; box ap- Vegetables—Potatoes, old, No. 1. DEr | ples, 2.50a4.00; blackberries, qt., 20a bbl., per sack. 3.00a3.38: |35 "cherries. 1b.. 15a20; grapefruit, per bbl, No. & 3%0a | box, 3.50a3.00; oranges, box, 6.00a9.0 25a3.50. Sweets, 3.00a | Joot ol T [ trawberries, 4.00. 50u3.00. lLelulce.]BDEr qt., 10a2: each, 50a7l crate, . “Romaine lettuce, 1.00a | 9% z 150. Cymblings, per crate, 1.00a1.50. Closing Prices at 1 0’Clock. Onions, per craie, 2.00a2.50." Cabbage,| Wheat—No. 1 red winter, spot, no new, per cwt., 1.00a2.00. Cucumbers. | quotatio 2, red winter, spot, Eggplants, per_crate, 3.00a |1 361 red winter, garlicky, Liv ultry—Spring chickens, pound, | Rye—Nearby, 90a1.05 per bushel I;Jr.w medmm: 45a5/ small and -;D. 2 We:tf;’n‘ export, spot, 1.13; No. e £ a 0 g winters, | 3, no quotations. T o e sJ,“‘ 30 amall and| Hay—Recelpts, 116 tons; range Is white leghorns, 26a28: old roosters, | 18.00 to 22.00 for good to choice tim- 16 ducks, 20a22; small and poor, 16a [Othy and mixed hay; demand fair 18: pigeons, 35a40. and market firm; supply on hand native and nearby | ample for trade. 4; southern, 22a23. | Straw—No. 1 tangled rye, 15.50; No. fancy. pound, |l wheat. 11.00; No. 1 oat, nominal, hearby creamery, | 11.00a11.50. 0a1.00. per box, Florida, 3.00 00 per basket. . per crate, . 1. Peppe DAIRY MARKETS, BALTIMORE, May : rolls, 23a25; stor : dairy [ — « EW to terday found unset spot si ed stock market October to minute: showing points. while the bt tapered off somewhat | giarging 14 off to % advance, July after overnizht orders had been exe-|gaz. " (S g3 the corn market rallied cuted and ces sagged off a feW|gjightly, then reacted to about the points from the best. initial Agures. Futures opened steady. July, 20, Oats opened unchanged to % lower, October, 20.12; December, 19. July, 383, and held close to the start- ary, 19.52; March, 19.55. ing figures. leve cover new bt by further rains in the eastern half of the belt accounts on. .70 for J Futuree” aula fiem. July, 20.95:[1. 2.90a3.00 cwt; Texas sacked Bliss October 65: December, 20.50; Janu- | riumphs, 50a2.75 cwt.; Florida s a0ias: Aarehe 2010, Spaulding rose double-headed barrels, YOR market opeped firm 23 points on a continuation of ye: which | neouragement in the outlook for These price W ORLEANS, May 2 were reached by cotton today on zarding the pendin OTTON MARKETS. Ma —The cotto! an advance of 1 bu movement, ng weather, reports of a firn ation and the firm tone of the | july sold to 21.04 an o0, net advances of 15 to by the short interest an g for long account induces bureau report ol In the first hour of the da < were advanced 18 to 31 points Peas, 1.50a3.50. ‘Asparagus, per doz., 754 Spinach, per bbl., 50a1.00. (Special).— prints, 23a25; within the first rfew 1 with active months generally | attracted a good Qeal of realizing for over the week end. | —New high favorable week end trade bullish anticipations re- | onions, 100 a | 1.351,; May wheat, no bid. No sal Corn—Cob corn, old, yellow, quoted 3.50a3.60 per barrel: contract corn, spot, 691; No. 4 corn, spot, €8; track corn, yellow, No. 3 domestic, better, 72. No sales. . Oats—White No. 2, 49% jked per bushel; No. 3, 49 asked per bushel. e CHICAGO, May 27.—Trading In wheat was light today, and the mar- ket was easily influenced, There was some scattered local and commission house buying. but the locals were disposed to await for something to happen. ~The early dealings in the May delivery were fairly liberal and mainly of an evening-up character. Deliveries on May contracts this morning were 1,400,000 bushels, and fresh receipts were 300 carloads of wheat. After opening easy, with val ues showing a loss of % fo 1%, Ma. to 1.26, and July 1.223% to the market rallied slightly, then began to eag. Further reports of rain in the cen- After n m 4l | tral west affected corn and oat: Higher quotations for hogs gave firmness to provisions. Potatoes, firm; receipts, 43 cars; to- tal United States shipments, 693; Wis- consin sacked and bulk round whites. |1.50a1.60 cwt.: Michigan bulk round Idaho sacked d d | rurals, 1 branded, al8s cwt. A Alabama sacked Bliss triumphs, N n y unbranded, 1. stock _ wei BONDS ARE ACTIVE ATFIRM PRICES By Special Leased Wire to The Star. NEW YORK, May 27.—Prices in to- day's bond market were generally higher. United States government and foreign government external bonds steadied. The French 8s, how- ever, went fractionally below Friday closing. Paris, Lyons and Mediterranean 6s gained ‘% of a point above 82. The features were in the Greater New York traction group and the indus- trial section. Brooklyn Rapid Tran- sit certificates were more than 3 points higher at 84. Third Avenue adjustments gained nearly 2 points. Interboro bs did little, while the Interboro Metropolitan issues sagged. Cerro de Pasco 8s struck a new high, Granby Mining 8s were up a point and steel bonds were inclined to react. In the railway section the low- priced favorités of the last group were comparatively neéRlected. Erie issues held their ground on small transactions. Other speculative incomes and adjustment bonds were listless. Southern Railway 4s and Wisconsin Central 4s advanced. The market for Canadian Provin- Canadian Tssues. cial bonds this week lacked enthu- siasm and the upward movement of prices of a month or 80 ago was not apparent. Manitoba 6s of 1946 were 106% bid, offered at 106%; the 6s of 1930 were 100% bid, offered at 101%, and the 63 of 1925 were 100% bid, of- fered at 100%. Ontario 4s of 1926 were 9433 bid, offered at 95, the 5s of 1923 were 39 bid, offered at 99%, and the 6s of 1943 were 107% bid, of- fered at 108%. OILS LEADERS ON THE CURB MARKET By Special Leased Wire to The Star. NEW YORK, May 27.—The Standard Ofl shares were the features on the curb exchange today. Leading stock exchange houses were active on the buying side in these stocks, and the professional floor traders also took part in the trad- ing. The independent oil shares did not share to the full extent in the strength in the leaders, many encounter- ing moderate profit taking by the pro- fessionals who were apparently evening their accounts over Sunday and in view of the holiday next Tuesda; Standard Ofl of Indianma. There was an urgent demand for Standard Oil of Indlana, that stock mov- ing up several points to a new high record. International Petroleum also was unusually strong and active and went into new high ground. Stan: 5.00; South Carolina slat bar. Irish cobblers. No. 1, few sales, 6.00. FINANCE A.ND 'FBADE N‘_)TES" Trade in May wheat later became Sons Ship and Engine | more liberal. Short covering ab- lhas declared regular quar- | sorbed the offerings and a fair recov- Cramp Building terly Ju its r per ¢ nt semi-annua preferred. sek of record sdard Oil of Kentuck: a quarterly dividend of $1 a share on » par stock. pavable July 1 to stock on to & record dividend on new stock and at annual rute of $16 a share on old $100 par which formerly paid $3 quar- by field stoc terly Daily Marland now attained. Mathieson Alkali has resumed divi- preferred stock discontinued since June claring 1% dend p production of crude oil exceeds rate of production company has ever ; g ividend of $1 a share. payable ). to etock of record June 15. Buffalo and Susquehanna declaked ular quarterly dividend of 1% common dividend both and regula of 2 per cen payable June 3! June June 15. This is the firs Oil in midcontinent 16.000 barrels, highes ments on 1921, de. per cent payable July to stock of record June 20, _Consolidated Poned action preference year ending June, according Republic Rubber has completed ar- rangements with banks for issuing $1.500,000 certificates of indebtedness d to retire $1.000,000 in cer- issued in January and pro additional South Porto Rico Sugar has finished its crop with 90,000 short tons pro- 111,000 last vear. ba Cane Sugar had made abaut 3,- 1o be tificates vide duced as 400 tanamo Sugar and Manatl Sugar are expected to exceed last year's produc- tion. Negotiations are believed to be In ew York banking circles About 15,000 railroads are to be probably pper and or 3 miles of in this country.” I has advanced price ot CEW c EIE crude in the Orange, Tex. field 25| NEW YORK, May 27—Silk stocking cents a barrel to $1.25. A similar ad- | trade continues to increase. Sales- vance has been made by Humble Uil. | men of a leading silk mill are turning Urnited st Iron Pipe and{;, gybstantial orders for them, al- Foundry operations have been In-|though buying of silk underwear is creased to 0 per cent of capacily as|not as strong. In colors, white prim- against 55 per cent two months ago.|ices to lead during the summer. May bookings have been large and|There is a steady demand for black price of high pressure pipe is up to about 35 The Virginia apple crop wiil range per cent of a full crop, says official report. from 30 rified, large purchases of cg) Goldflelds has post- on dividend on frs shares until results fo 1922, to word from London. working capital. against gs up to May 1. Guan. loan to Italy n 1 this will 0. Birmingham base. 4 Peaches will av- erage up to the ten-year average. A new high for the year was estab- in the price of seats on tne New York Stock Exchange, membership was sold for $99,000. An- lished other was transferred for $95,000. A net loss of $796.4 Rolls Ro. capital Ohio Oil has declared extra dividend of 75 cen dend of $1.25 a share, both payable ce of Ame: In and current liabilities o a share and regular divi June 30 to stock of record May 31. President Felton of the Great West- ern says that unless wages of rail- are reduced along with freight rate cut, the burden on raiis will be most serfous and they will not be able. in his opinion, to earn road employ 5% per cent. The province of Manitoba h. Jected all year 5 per cent Highest bid was 96.04. Linens are waiting for better basic conditions. heavy. cannot Those who wish to reple; find “prices re bids for $3,000,000 thir: Retail stocks are rather high. TImporter: market goods profitably atinumber of plainly indicated present mill prices. declared are known, when a is reported by for 1921, eet shows current asseis of ery took place. the deferred deliv- eries showing greatest firmness. The jclose was unsettled, with prices rang- ing from 1': down to % advanc with May 1.24% to 1.24% and Jul 1.223% to 1.23%. orn displayed firm tone later on buying by local professionals and some commission houses, and the market closed about steady, with values % higher to % lower, July 63 tito 631, r ot 0 t July - September 1 WEEK'S WOOL RULES HIGH. 1| BOSTON.—The Commerctal Bulletin's cotton review say “The wool market has rallied again this week and prices show & slight advance in the seaboard mar- kets. 1In the west there has been a: oxcited and very strong market, typi- fied best, perhaps, by the sale of some 000 pounds at San Angelo, Tex., where prices, clean landed, varied from about $1.20 for clothing wool to $1.35 for the best staple clips, or 46 to 52 cents in the grease. Prices have ruled high also for fine wool - in the bright wool states. The edge appears to be off the western market as the week ends. “The manufacturing situation is hardly changed, the American Woolen | Company having withdrawn all lines, i presumably for repricing. The for- | eign markets are generally firm.” r SILK HOSIERY IN DEMAND. and gray. A manufacturer finds col- }lections’ from small retall stores, which constitute the greater part of his business, poor, which he at- -l tritutes to heavy buying which they have been doing and lighter con- sumer demand than expected. Pay- ments by large retail establishments are described as good. NATIONAL FIRE LOSS. NEW YORK, May 27.—President ¢ | Morton of national board of fire un- . which leave a net working)derwriters says that although there of $1,244,695. had been no single conflagration of any magniture in 1921, the fire losses for that vear in the United State: probably ‘would approximate $485,- 000,000. During the last fiscal year 832 fires were investigated, in connection with hundred and ten c e been tried, with 159 convictions and 51 acquittals. X “It is probable” he says, “that - never before in the histery of fire - | insurance has the moral hasard been Iwmen 368 arrests were made. Two Manitoba bonds.|so prominent as in the last twelve {months. Business has been marked | by innumerable fallures, not only of not) gmall concerns, but of many of our nish | l]argest institutions and, u’luluru S| and fires are closely allied, a large ‘business |fires’ has resulted.” OFFICE SPACE The Edmonds Bldg 911 15th Washington’s Newest Office Building In Street N.W. silver, 71%; LONDO! per ounce. Money, 1% per per cent. 2% per cent; three-months bills, 2% per cent. Oil of New York was firm and there was & moderate demand for the Kentucky shares. Salt Creek Consolidated encoun- tered a sudden buying movement after the opening and made a new top. Cities Service, Fensland and Mexican Seaboard encountered profit taking. The Motor Shares. The motor stocks were irregular. Tteo Motors reached a new high record, and there was fair buying of Continental at an advance. Cleveland, however, on moderate selling ylelded nearly a point and Lincoln was easier. Gillette Safety Razor, after advancing several points, ran into realizing sales and lost more than its gain. British American Tobacco was firm and a substantial advance was recorded in Phillip Morris. Mining share8 were generally higher. Independence Lead continued strong and Motherlode and Magma Copper were firm. Boston and Montana was again under pressure and receded. Bonds were less active, but steady, and price changes were small. PARIS BOURSE FIRM. PARIS, May 26.—Prices were firm on_the bourse today. Three per cent rentes, 57 francs 80 centimes. Exchange on London, 48 francs 73 centimes. Five per cent loam, 77 francs 40 centimet 5 The dollar w 96 centimes. WINCHELL REMINGTON HEAD. NEW YORK, May 26.—Directors of Remington Typewriter elected B. L. Winchell, formerly president of the Rock Island lines and St. Louis and San Francisco Railway Company, as president. Frank N. Kondolk, who accepted the presidency earlier in the year with the understanding that he would be required to serve only until a suitable successor was found, was named chairman of the board. S. P. SHOWS INCREASE. NEW YORK, May 27.—Southern Pacific reports for April a net operat- ing income of $2,526,709, an increase of $700,452 over the corresponding month of 1921. Gross earnings show decrease of $1,437,773, total for month being $19,691,271. PREDICTS LONGER SKIRTS. PHILADELPHIA, May 26.—Thej hem of a woman’s skirt has reached its altitude, in the opinion of the Shoe Retailer. The publication predicts that within u year there will be a return to longer styles—that is, to ‘somewhere within the immediate vicinity of the calf.” In an effort to relieve certain wom- en of embarrassment, there will be an endeavor to bring about a re- standardization of sizes. It is assert- ed that many shops, “in order to cater to the vanity of women,” mark their hoslery a half-size smaller than it really is. ADVANCES STEEL PRICES. YOUNGSTOWN, Ohio, May 27.— Trumbull Steel has advanced hot rolled strip steel prices from 2.2 cents to 2.40 cents base. Trumbull Company will start next week on a new four- teen-inch mill with a monthly capacity of 7,000 tons, giving it a total of three. There is tonnage for all in sight, says President Warner. —_— TRADE BUYING GAINS. NEW TYORK, May 27,—Purchas- Inf from manufacturers and whole- salers this week showed an av- erage of 1.7 per cent over last week, was 0.3 per cent better than the same week a year ago, but fell 4.9 per cent behind the buying for the like week in 1920, according to weekly mer- chandising Activity report by the Credit Clearing House. Advances In buying, compared to last week, were registered in all sections of the coun- try except Pacific coast, north agricultural and south agricultural efor the country hole, indebt. ‘or the country as a whole, indebt- edness declined 0.9 per cent from last Teek, but was 0.7 per oent greater than In 1921 and 10.5 per cent above 1920. Payment activity also showed 2 decline registering 2.3 per cent be- ow a week ago, 5.6 per cent below last year and ) per cent below 1920, quoted at 10 francs BAR SILVER QUOTATIONS. NEW YOl May 27.—Foreign bar lexican dollars, 54%. N, May 27.—Bar silver, 36%d rate—Short bills, 25-16a CEREREEEE] LEEEEE . 8. *Bi Quotations furished by the Associated Bules, Thous. 180 Liberty 314 1 Liberty 2d 4 79 Liberty Ist 4 296 Liberty 2d 4% 380 Liberty 84 41+, 300 Liberty dth 4% 21 Victory 4%s. FOREIGN GOVERNMENT, MUNICIPAL. 15 Argentine 7s. 8 City of Bergen 8s 5 City 12 City of Borde 1 City of C: 3 City of Lyo 2 City 1 City of San Paulo 8s 108 1 City of Zurich Bs.... 112% 18 Crechoslovak Ss cia.. 98 9 Depart of Seine Ta... 93% 9 Do of Can 5igu 1020 1005, Do of Can 1952 w f.. 100 Bt 8t U N U . y{furnished by Liberty 24 4; Liberty st 415 Liberty 2d 43¢ Liberty 3d 4ix: Liberty 4th 4. Vietory 4 ‘kar' 3%s. Paris-Lyons-Med 6s. Rep of Chile 8s '46. BOND AND CURB MARKETS | NE U. 8. LIBERTY BONDS. Redmond & Co.) 1pm berty 314, . 9. siutss Besss: P U. 8. BONDS. {<} 4 8882358 of Berne S of Belglum 65 of Denmark 68 of Italy 6lax. of Neth 6 of Norway 8 of Bweden Ox. . of Queensland 6 of R ¢ do Sul 8s 108 1080 1m& 102% 102 1004 1085 1% 8 of Mexico (Lo 8 of Mexico ds... 567 56% OO RAILWAY AND MISCELLANEOUS. Amer Agr Chem Tigs 1028 Amer Smelting os .. 93 American Sugar Amer T & T cv .. Amer T & T el tr 58 Amer Writ A, Atlan ¢ Atlautic Ref 6138 B B Bl Tel of P 72 raden Copper Gs. Bk Mlm:“:n s D Bk B Tr Tn ctx stpd 1023 102 Fig) u% aper 78 T & 8 F gen 48. , 1st con 48 & 0 6s . & 0 cv & thern 6lss. 50 C Bur & Qu ref Is A 11 Chic & East 111 bs. 5 Chic Gt Western 4n 23C M &S P ev ks, 57 C M &S P ret 4t 5 Chicago Railways B¢ 6CR TP gends 3 3CRI &P ref 4s. 81 20 Chic & West Ind 4s. 74 13 Chile Copper e 06! 17 Chile Copper fas 5 Col % ” 2 Quas 87% B7% 8T% 1 Consolidated Gas 7s 117 17 17 5 Cuba C Sugar deb 8¢ 8% 85 8 1 Cuba O Sugar deb 7s 85 85 86 1 Ouba R R 7iis A... 108% 108% 108% 2 Del & Hud ov 5s.... 974 OTi 97 5 Den & R Gr imp Os 82% 823, 824 7 Detroit Edison ref 6s 1021y 1021, 102 § Derroie € a% 83 7 Otis Steel’8s A.... 3 Pacific T & T bs.. 073 1Packard Mo Car 8s.. 1074 & 5 £ 1 Reading gen_ 41 851 ep 1 col Ba.... 9515 o Gr & W st 4s. 0 @8 L&SF adj 6s... KO 108 L&8EF inc o @y 8 8 8 14 Binclair Oil col 7s! 20 South Pacific cv 4 # Binclair Ofl cv 734, m‘% o9 16 Boutli Paclfic ref 4a. &8 # South Pac col tr 4. 83 9 South Ry con 0s,.. 95% South Ry gen 6lgs.. 907 2 Stan Ofl Cal deb 7s.. 105 7 South Ry gen 41 187 Third Ave adj 4 Third Ave ref 1 Tidewat O1l 6% 1 Tobacco Products 7s 10235 9 Union Pacific 1st 4s. 15 Union Pacifie cv 4s.. 22 Unlon Pacific ref ds. “z 8 Union Tank Car 7 102 * sy Gr Nortiern 51y 100 Tud & Man ref 55 A 3 Hud & Man ad in 0% 3 nternational Agr 5% ™ Interboro-Metro 413 1% Inter-Met 4138 ctf 18 Interb R T ref G.. 70 Tater Mer Mar s s o7 Inter Paper ref 5s B &7 = & 87 Invineible ONl 8¢ 8 88 98 Towa Centra) ref ds. 403, 463 463 Kan Cy, FU S & M 45 78% 78% 78 Kansas 'Cy So on... 874 Riyy 8T Kelly-Spring Tire 108 awan St 5s 908 & M S db 48 1 LS & MS dbds 92 Lehigh Valley 66 102 Liggett & Myers 0s o7 Market St Rty con 58 901, 60~ 90 Mexican Petrol Bs. Minn & St L ref dvale 8tl cv Bs. M,K&T new p 1 T M, K&T new adj 5s A 57y Bl MK & T lst 4s w21y #2524y Mo Pacific ref 3s 100 100 Mo Pacific gen 4s. 63% 64 Montana Pow 5s 067 96 N0 T & M inc. A 705 701 New York Cen col Tx 106 108 108 New York Ce deb 6s 103 1028, 103 N Y Edi ref Gl 10075 1008 100% NY.NH&H cv 6s 48 K2 K18, 81% N 41 41 N N Nor '& South s A.. 2 Nor & Wes cv 6. No N N N Or 8h Li gtd br Sh_Line W R Re& Nav 4 Klly s ref 45 ctfs. 41 Y Tel db 6s '49.. 5 X Tel ref 6s Y, W & Bos 4 r & Wes con 4 Pac pr lien 48, rth Pac gen ds. PG N foint W Bell T ctfs 10213 et du. 011, 91 14‘1.?. 1 Wickw-Spen Steel 7s 80 99! 22 Wilson & Co & £ T%s 104% 1041, 104 29 Wilson & Co cv 6 93 9li, 91 3 Wilson Cen gen 4s. 80% 80! To! com) ales of bonds today were $,682,000; with 315,737,000 previous day’ aod Boliday & year ago. Bia. Alumioum Co. of Amer. 7s 1925. 108% American Tel. & Tel. 6s 1922.. 100 American Tel. & Tel. 8s 1924. 101 American Tobacco Co. 7s 1922.. 100% American Tobscco Co. 78 1923,. 102! Anaconda Copper s 1929, ‘Avaconda Copper 7s 1929 (Reported by Redmond SHORT-TERM SECURITIES, & Co) 832822:38! Sgf 82233 | 5000 Gov Mouster. INDUSTRIALS. Sales, Low. 7100 Acme o 4400 Acme_ L) 200 Am Wit 4 g'fi 700 Am_Drug SEELL A 2 1 800 Buddy Buds 1 1 700 Nipple.... 8 .{ 400 Oleveland Aato..... 83 000 Columbia Emersid., 1 1% 100 Coven ‘Dom Bepoe 13° 11w n og..... 500 Daniels Mot 4 1, 800 Dort Motor. 204 20 400 Dpbiler O & (3 8 100 Durant Motors...... 184 18 55 Gilletts Saf Rasor.. 214 211 400 Glen Alden Coal.... B 1800 Goldyn ~Pletures, o 300 r Tire, 13 18 200 Hock Valley ] 3 2300 Hudson Mot 21 a1 100 Hud & Man 2 100 Hudson Co 198 19 200 Hud & Man| 148 14 100 Inland St. L. 58 58 200 Inter Cigar 68 300 "R eutn nit ok 20 Lebigh_Coal w0 B0 800 Libby MeNetl % 2 500 Lincoln Motors A.. 2 1 2300 Mercer Motors ctfs, 4 4 200 Mercer Motors. . & 4 1200 . 10% 1 * aiy 1041 5 Packard Moice pid. 90 S c) or pid. 100 Perfection Tire..... § -12 [3 L3 Ly A 44 1 1% 1 1 3 .1g* an % 1 3 32 2 TR S 1 900 Anglo Amer Ofl 2% 2% 4900 Atlantic Lobos. 12 1% 2285 Imperial Oil, Canada 113 113 113 10 Ohlo O4] .. B I 80 Prairie Oil & Gi @ tan 2 4000 Btand Ofl Clé MY 110 Standard Ol of N Y 4127 410 412 a2 w3 INDEPENDENT OILS. 400 Arkansas 1% 3000 Boone Oil B 6500 Boston W yor -84 Su 3600 Brit-American 1800 Carib Syndicats ... 8 10 Carib Tra 1t 283 Citles Bervice . . 285 233 400 Cities Serv B ctta. 231 23% 100 Cities Bervice pfd.. 65 3 200 Creole Byndicate o £ eral OM1 . 2800 Fensland ONI 800 Gilliland Ol 4400 Glenrock Of1 el 2% % 0 ke 1% 1 200 Maracaibe . 2 1400 Marland Ol of [ 3 4000 Meridian Oi1 08 .08 200 Merritt Ol 12y 13 1200 Mexico Ol 34 3% 3 8800 Mexican Beaboard.. 46 4! 5400 Mountain Producers 17 164 17 4000 - 9 9! oo XX b 1 100 28 28 28 8000 Noble 82 n = 2000 Northwest “Oil TR 1800 Oma; 1% 1% 100 Pe E ol 100 Pe: 5 3000 Bait 19 1600 Kalt Creek Conms.... 148 2000 Bapulps Ref ...... 4 400 Beaboard Oil & Gas 1 11 U0 Stmme Phicicon.. 10 10w 10 mms om. . 15000 Skelly Oil SRR OBk N 1000 South Btates. : ! kil o 28 o K 5 Pet. 15% 4100 “'Y" Oil & Gai 20 MINING. 8 % “l'% % % 2 B 10 13000 Candelaria Mining.. 30 1000 Comb Frac ... Ty Gty St 8500 Con ‘opi 3 8100 Cortes Bllver -oore: Lt " B2 Rl ile L BRI ER 2T 0 BEE S e 500 First National Cop. 1060 Galina Min BERRIUBIAR 12 REB 0o 3000 Hard Shell Mi; o a7 o e BN ores Espertas. ; ; 200 Howe Sound Co. 3% A% 42000 Inde Lead Mines... .76 .37 300 Kore Laver. B 3w aw e 3 17000 Lone Sta 05 Copper o 100 s Copper..... 31% 8% 31§ 21900 Marah Mines Ooos.. .29 .27 2206 Motheriode _elt. 0% ‘105 0% 800 National Tin. @ 58" 59 1000 Nevada Ophir...... 88 3¢ 34 2000 Nevada Silver Hora. 10 10 10 100 N Hond 1% % E ‘08 .09 28 0 az 1 " E) SH;: 50 o2 1.00 29 43 21 2 : (] 48 Am Lt lflz 2 Am T 1 20 Am Lt 6 Am Tel 2 Anacond: 1 Armou: 4 Beth 102B & 4 Ca 13 Can 1 Columl 2 Con Gas op Ex 4 Fed Lai 3 Goodrich - 4 Humble 108 Int G N Bs. 80! g 1 later R ’i& -3 1 Interboro B T . ] n 20 In BT 23 92! B s 1wl e 1 lg 108 108 5 98 2 1001 200 : }:l!l_ll g " s 3N l: 90 1 r-ma 128 128 8 Pud 100% 1 10085 4 Robert 100 904 100 6 Saks & (] 9 » 15 }: 100% 100! 3 10234 102! 1 1084, 1 1 107 108% 108 6 100% 100 6V 107 107 107 10 3 0 M ’g g 2 108 5 Tol 18 We 1077 18 Argent 100 25 City of 3 s fl% -“ 100 N . NEW Y STATEMENT. AUTO BODY SALES GAIN. NEW YORK, May 26.—Preliminary earnings statement of Martin-Parry Body for April shows net income of ey eas correspond- Atlantic Gulf Austin Nichols. . Austin Nicaols pf.. 87 Baldwin Looo. ns% Balto & Ohlo. % Balto & Ohlopt.... 61 Bamesdall (A).... #% Barnesdall (B).... 33 Beth Steel 7% pf... 97 Both Steel (B)..... 7% Beth Steel 8% pf... 111K Brit Em 8t 2d pf... 2% Bklyn Edison. 106% Bklyn Rapld Tra. 2% Bklyn Rap Tr ctfs.. 28% Columbia Graph. .. Columbia Graph pf. Glidden Co. Goodrich. ... . Granby Consol. Great Northern pf. Great Nor Ore..... Guantanamo Sug. Gult States Stesl Habirshaw Cable Hartman Corp. »% L ” 3% u% 8% 2 % us% 1% »T 0% 15 1% % 9% ‘a5 2% L) we 108 % o L 4% % n 2 28% 8% 1% " 0% B4 a% % 1% oK % % % 108 2% "% W% 4% % a% .4 1% ane b s aeeoss MUY eg=33lzgeyuagys i LR U " “ny% ns% u% 2% 20% nk 08% % 10% “a% 2% 5 26% %% 2% 8% 18% 2% 1% 2% % 0% “% % 5 4% 1% 8% =% T n 5% % % §zEzaaegyeszisfeagszas Low. Cloes. .4 % % W% we 1 % 1% n on o% 0% 4% % % o o e% w12 e 7% .« 6 B 1% T T4 10% 110% w % % 8% n% 19% 10% 101% “% % 2% 16 6% 2% 0% 8% 1% 16% 1% 2 6% % 1% 4% 81% 20% n 106% “~% 9% an W % 8% 5% u% 8% 8 L3 18% % % 2% “h % % “% BI% 8% 2 6% 26% “e 84 68% 13 L 2% 4% %% 1% 9% 67 101% 2% [ 1% 8 2% a| MAY WHEAT PLUNGE 20% n% 104% W 9% a% 2% % W% 6% 108 Au% “u 1B 52 18% u% % 0% “H % 5 4% 51% 8% 203 % 5% 84 o 88 W YORK STOCK ‘EXCHANGE Received by Private Wire Direct to The Star Office. Open. High. Low. Close Nevada Copper.... 1% 18% 1% 188 RewOrTex& M... 1% 674 6% 6% N Y Central. . 0% 1% 0% U NYChi&astL2d.. 83% 8% 8% B83% N Y Dock. . 8T ;%% W NYDockpf....... 61 613 61 61% NYNHA&Harttd.. $3% 3% 2% 2% NYO& West. M TH TH % Norfolk & Westrn. . 103% 108% 107% 207% North American... €% 6% 65 65% North Americanpf. &% % & 4 Northern Pacific... 77 11 76% .76% Ohlo Body & Blow.. 12% 12% 1% 1% Oklahoma Prod.... 3 8 3 3 Ontario Stiver. s ‘s 8 '8 Orpheym Circuit... 19% 19% 19% 19% Otis Steel.. % W% K % Owens Eottle 6% % K 2N oM 0% 0% 6% 6% 7% 6% 0% 6% Panhandle......... 7 1 1 1 Parigh & Bingham.. 16% 15% 15% 15% Pennsylvania...... 41% 42 4% € Penn Seabd Steel... 12% 13 1M 124 Pere Marquette. ... 53% 33% 33% (834 Pere Marg pf. . © 6 6 Palla Company. % WK 8% Phillips Jones. 8 8 & Phillips Pete. 5% 3% B3% Plerce-Arrow. 9% 19% 19% Plerce-Arrow B 38 88 Plerce Ofl. . 0 %% 1 Pierce Oi pf....... S4% B4% 54% (B4% Pitts Coal Pitts & W Vi Pond Creek Coal Postum Cereal STOCK SPECULATION FEATURES MARKET Motors, Tobaccos and New York Tractions Lead in the Activity. BY STUART P. WEST. NEW YORK, May 27.—The specu- lative stock market again held the center of attention today. Bonds were active and generally strong. cotton went higher on un- favorable weather news, while the foreign exchanges did little, as was to be expected on the eve of the German reply regarding reparations. The decigion taken by the bankere® conference at Paris that no billion- dollar loan to Germany wouid be poseible unless the German govern- ment accepted the full terms of the indemnity program and at the same time took steps to balance its bud- get was obviously of great impor- tance. It seemed to leave little doubt of what the German attitude would be when the time limit expires next Wednesday. Stoeks Are Buoyant. But it was on the stock exchange that the main developments of the day occurred. The market was Ray Con r....18 18 1% 18 R.:'am‘,‘_:i”w 8113 81% SI% Z81% Reading 1st pf..... 5% Reading 2d pf 5% Remington Typr... 4% Replogle Steel..... 854 Rep Iron & Steel... 76% Rep Motor Truck... 10% R J Reynolds (B). 6% Reynolds Spring.. 45% RoyalDutch....... 63% 6% 6% l6d St Joseph Lead.... 18% 16% 15% 1% StL&SanFran... 20 30 20% 20% St Louls Southwn.. /31l 1% 8% 1% StLouls Sown pf... 49% 9% 49's 49% Santa CeciliaSug.. 4% 4% 4% 4% Seaboard AirLine..38% 8% €8 8 Seaboard ALDL... fI2 123 123 '12% Sears Rocbuck..... 70 80 79 % Seneca Copper. 3% 1% 134 Sinclair Ol . 6% U WY So Porto Sugar 9% 5% 4% Southern Railway.. 24% 2% 2% 2% Southern Ry pf. CAR Spicer Mfg Co. 19% 2% Stand Oil of Calif. 15% 1% Stand Oll of N J. 188% 150 Stand Ofl N J pf. % e 1 Sterling Products.. 48 4% 48 48% Stewart-Warner. .. e% ran Stromberg Carb. % B¢ Studebaker. ... 128% 120% Submarine Boat. % 6 6 Superior Oil. . % T TH Superior Steel ®% WK WY SweetsCoof Am.. 8% % % 3% Tenn Copper...... ‘12 2% ' Texas Company... 3% Texas Gulf Sulphur 4% Texas & Pacific... 373 buoyant throughout It still followed the procedure of advances rather than any uniform swing. Some of the individual a vanccs were gquite violent, notablv those in the tobacco stocks, wi are the latest objects of the craze More interest was taken motor accessories, a logical gequel to the great etrength In Stud. baker and the rising prices in othe of the motor shares. The inability of automobile manu facturers and of the makers of autc accustomed by mobile parts to keep pace with cur rent orders, is the background of the speculative operations in this qQue ter. Traction securities were in demand especially the Brooklyn Rapid Tra sit bonds, on the remarkable show ing made in the latest earnin statement. Baltimore & Ohjo. The Baltimore and Ohio April report is very encouraging to those who Le lieve dividends will be resumed this vear. Despite the strike, net rail way operating income from $2,337, § in 19821 in 19: This is a better showing than in April since 1914 On the basis of April results, the net for the calen- dar year should be about $36.000 If only $5,000,000 ix allowed for n operating income, the amount a&vii able for dividends on the common stock will amount to between $8 and $9 a share. There is every r {son to believe that actual carnin will be much larger. Tobacco Stocks. Tobacco stocks were the leaders in today's market. Several motives las behind the upturn in these . In the first place, the wa bacco trades has been settled an Texas& PC&Oil. 290: 29% 29% 20% Third Avenue..... 231 UK 2% “24 | Tobacco Prod..... i76% 7% 6% 79% | Tobacco Prod pf....108% 107 103% 107 TOIStL&WnprB. 46% 46% 46% 46% | TransContlOll.... 19% 19% 18% 19% Unlon Ofl.. 23% Cnlon Pacific 10 W | United Alloy Steel. 38 383 | United Drug. . 9% 04 United Ry Inv. 15% 155 United Retall Strs. 70 0% USCastIr Pipe... 8i% s34 US Food Prod. 5% U 8 Hofman Mch.. #5% U'S Indus Alcohol. 3% USRealty........ 72 U S Rubbe! . 64 1% | CSSmelt & Ref... i 454 | USSteeld........100% 201% USSteel pf....... 119% ush Utah Copper...... 63% © Vanadium Corp... f48% 49 4% Fes% | Va-Car Chemical.. 81% 82 8i% B813%] Va-Car Chem pf... 63% 70 69% i Wabash..... o 1% 1% 1% Wabashpf(A).... 8¢ 24 384 3K Wabash pf B. 2% Wh B 2% Wells-Fargo m m m om Western Md. 122 1% 12 % Western Pacific.... 22 22 22 22 | Western Pac pf. 61% 6l 6% 614 Western Union.... 97 97% 97% 974 Westhse E& M.... 624 68 €2% 6% Wheeling & LE. . 125 1% 19% 12% Wheellng & LEDr 204 2% 2 2% White Eagle Refin. 26% 261 26 26 ! White Oil..... 9% 9% 9% | Wickwire Spencer.,18%« 19% [18% i19% Wilson Company.. 43% % 3% [44% willys-Overland._ o8 9% &% B9% | Willys-Ovld pt 2% 4% [42% Wright Aero. . % 8% o 8% HOURLY SALES OF STOCKS. | 11am..... 52 400 (2 M...0e0e 668900 CHICAGO, May Although chances of surprised developments about Mgy dealings in wheat tended to keep many board of trade men | on tiptoe z;?u, the majority had begun acting’on the assumption that the climax was already over, and that widely held theories of an acute end- of-the-season scarcity of wheat here had been exploded. ~With hundreds of carloads of wheat daily piling into Chicago, the price for May delivery | haid been piunged down headlong | instead of golng skyward, and this| morning as compared with a week ago the wheat market taken as a whole, was off all the way from % to 13% a bushel. Corn showed a| setback of % to 1% in value, and oats off % to 1. In provisions the net change for the week ranged from 15 decline to 1.05 advance. The most exciting collapse of prices came exactly a week ahead of | the time which board of trade rules had fixed as the 1imit for the settle- | ments of contracts calling for the | delivery of wheat here this month. { Only the previous day the market | had made a steep advance of 4z, chiefly on aocount of supposed in- dications that the wheat accumulating in Chicago would be promptly moved away, with Europe furnishing a good outlet. Railroads west of here, how- ever, were guaranteeing to rush wheat shipments to Chicago at nearly passenger-train speed, and the sup- plies coming into view from rural sources were proving of astonishing volupe. i Powerful _interests which had seemed in danger of being unable to deliver sufficient wheat here to fulfill contracts announced flatly that nothing remained to be settl ‘The assertion met no positive denial from any quarter, and subsequent happen- ings in the wheat pit appeared for the most part to be of an aftcr-the- battle description, although big traders who had been actively buying wheat accepted deliveries promptly and declined to make any extended comment. ““Rainy weather and smalliness of country ;offerings helped to prevent any violent downturn of prices for corn and oats. Higher quotations on hogs were largely responsible for provisions as a rule showing gains NET INCOME FELL $69. BALTIMORE, May “.-Wulern‘ Maryland's net income for April was ! $2,492, a decrease of $60, con(rl.lledl with $2,561, in April, 1921. Its oper- ating revenues were $1,215,129, a de- crease of $270,671, compared with those of 1921. Total operating ex- 217 FEATURES THE WEEKi i penses also decreased, dropping to $908,527, from $1,189,684. Operating income, after taxes, however, in- £CppoasbbX F20855030 4264500 there is mo longer danger of cutting In_the second place is a large increase in rctail sale which the tobacco industry ir e joying in common with other ch store and distributive enterprises. Iu the third place there are one or two deals either actual or rumored. Te bacco Products is involved in some of these, and American Sumatra iz another possibility for consolidation Some Reaction. In the last half hour many gains were wiped out by profit-taking sules 80 that many closings were virtually the same as on Friday —_— Washington Stock Exchange SALES. Capital Traction Potomae Electri m and Electric com — at 401, 100 ac 40, 40 at 40, 1 ar 40, Washington Raeiiway amd Electri pra at oo Wk B84, 1 at Continental Trust Compasy—10 AFTER CALL. Washington Kallway sud Electric cow - at 40, BONDS. Bid and Asked Prices. PUBLIC UTILITY. e Asked. ga. 45 7] Telga. 4is.. |‘L~ s 133, and P. Telephone Ss. €. and P. Tel. of V: Potomae Eiec. Power g Pot. Eiec. € m & . Alex. and Mt." V. | Balto. Washington 5 ashington Gas 7is Washingion Kwy. w Wash. ks, and E MISCELL. s Realty s (iong Kealty 56 (sho . Cold Storage Se. STOCKS. PUBLIC UTILITY American Tel. and Tel Capital Traction Washington Gas Norfolk and Wash. Wash. Rwy. apd Elec. com. Wash. Rwy. and Elec. pfd Termioal com. -.... Terminal p1d. . s NATIONAL BANK. Riy American . Comnuere District Farmers an Federal Liberty Lincoln National Metropolitan Riggs . Becound Washington TRUST American_Security and Trust ntinental Trust tional Savings and Trust. on_Trust X hington Lean and Trust.. . SAVINGS BANK Commerce and Savings. - 160 East Washington 11 Security Savings 200 Seventh Btreet 160 National Union . . Ty TITLE INSURANC Columbla Title - 5 Real Estate Title - 108 MISCELLANEOUS. Lanston Monotrpe - Becurity Stomge - Tetow oa *Ex-dividend. . —_— RAILWAY EXPRESS SURPLUS. NEW YORK, May 27.—American Raflway Express report for 1921 shows balance of $750,330 fter charges, interest and dividends. ose figures contrast with u deficit of §39. 835,887 in 1920. Loss in 1920, how ever, should be deducted from $41 209,641, the government guarant leaving a surplus of $1.373,764. The company's revenue from transports- tion was $181,172,925, against $182 060,534, and fts operating expenses $182,265.283, in contrast to $234,809 539. Other income made its net oper- -fi revenues $2.631,478, against g of $20,144,096