Evening Star Newspaper, April 27, 1923, Page 28

FINANCIAL NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office WEAKNESS IN OLL3: OTHER SHARES FIRM Motor and Rubber Issues Hold Extra Well in To- day’s Market. BY STUART P. WEST. Special Dispatch to The Star. NEW YORK, April 27.—It looked as 1f traders short of stocks were taking advantage today of the weakness in the oils on the stock exchange to| cover in other directions. While the oils like Marland, Sinclair, Pan- American and Producers and Refiners | were going off 4 point or more in re- | sponse to the cent-a-gallon cut in! masoline, stocks like Studebaker and | Baldwin Locomotive, in which the| short interest is credited with being | particularly heavy, not only held| steady, but at times advanced. | The suength in Studebaker was | especialiy noteworthy in view of th t that dire tors meet next Mond 1o take acion on the dividend. Opin- | jons differ to what will 'be dnpu. Some think that there will be a 50- cent extra, and others that there will | e none at all. Dupont came close high and General Motors was hea v traded in at and just above 17. An $8 dividend on Dupont is now taken for granted, while the way Gen eral Mctor s e nungs are running and promise to run for the t of the further small increase in the mprobable. Rubber Storks Advance, 1 The pool in Cuyamel Fruit put its specialty to a new high of 6i. The | claim here ic that carnifizgs justify a wubstantial dividend, which, in turn, wiil amply warrant cur.ent selling rices of the stock. United States Rubber and Kelly Springficld were bid up for a while, und Key.itone appeared to have dis- counted the v v poor showing made in the 192 report. Weakness was again co uous in American Cot- ton Oil ard in the Virginia Chemicals, for reasons that have been o often pointed out that they need not be re- peated. The two incidents which might have becn expected to most affect the markets of today were another cut in gasoline prices and the rather sharp advance in call money rates. The gasoline cut the second in the space of a week and accom- panied figures showing that crude ©il production in March had broken all records and that surplus supplies had been piling up at the rate of more than 100,000 barrels a day. This | does not necessarily mean decrease in the profits of the oil refining com- panics, because presumably they are compensated by the lower cost of the | crud~ product. Nevertheless, senti- mentally it was a point against the | oil shares and was so regarded in | the day's stock trading. The interesting feature in the stock market was that, whereas on other cecusfors where ofl cuts were an- nounced the general list has followed the ofl stocks down, today it did not. Qi e likely this indicates a clearer recognition than Wall street had a week and two weeks ago that the o0il industriy 18 not typical of condi- tions in other industries. But at the same time it is proof of the stronger position within the market itself. Rive in Call Money. In old times the sudden jump in the call loan rencwal from 4% to 3% per cent, with as high as 6 per cent | d on new money, would have sed uncasiness and quite likely led to unloading of speculative hold- ings. DBut today scarcely any notice was taken of the incident. It is fully anpreciated that the rate on de- mand loans in no measure whatever of credit conditions, that it reflects mothing else than the fluctuation from day to day in the supply of money offering for stock exchange use, and that this supply is governed chiefly by Treasury operations. The real test of the credit position lies in record of rediscounts and of ¢oposits by member banks with the federal reserve institutions. When foderal reserve holdings of discount- ed paper in the New York and Bos- ton idstricts fat off $31,600,000 as they did during the last week. it certainly shcws the opposite from anything liko a straln upon credit re- Sources, resulting from operations in the financial markets. The reduction of over $70.000,000 in members’ re- serve deposits for the svstem as a whole ‘{s eaually significant as re- ®ards the effect of the general busi- nees expansion upon the banking position. Mathieson Alkall Active, Special buying in Mathieson Alkal today was in anticipation of thé pub- ication of the first-quarter report on Saturday. This statement will sho: earnings for the first three months at the Tate of approximately $10 a shar Although the $210,000 back dividends on the preferred stock is expected to be wiped out during 1923, leaving the way clear to distribution on the com- mon, payment of dividends on the latter this vear is not looked for. The fresh advance in Stewart ‘Warner today was set down as being short covering. New York traders have not looked upon Stewart Warner with much favor, and have preferred fo try to get off 'some short stock at what they belleved the high figures sather than follow it on the long side. The malin trading In Stewart Warner to it is done in Chicago. Tt will dividend $2.50 a share. it was, perhaps, the stupidest day of the year, from the standpoint of price changes, In the last hour sell- ing was renewed in the oils, and many of these stocks made new lows for the day. Sterling exchange recovered a bit, francs were steady, and marks held around what Is supposed to be the “new peg” price of 34 ten thou- sandths of a cent. WIFE HAS MAJ.DAUGHERTY SENT TO SANITARIUM' Son of Attorney General Formally Committed Due to Serious Con- dition of Health. By the Assocjated Press. STAMFORD, Conn.. April 27.—Maj. ! Draper M. Daugherty, son of United States Attovney General Harry M. Daugherty, has been formally com- mitted to the Stamford Hall Sani- tarium for not less than four months nor more than a year by Judge Floyd B, Bartam, in the probate court. The commitment proceedings were instituted on the npplication of Jean B. Daugherty, his wife. and Daugherty, his uncle, although Ma. Daugherty had said that he would go voluntarily to the institution. Physicians testified that Maj. Daugherty’s health had been seri- ously impaired through habitual drinking, which, they said, he had admitted to them. i GIRLS QUIT MISSIONS. Chinese Nurses Desert Posts for Higher Pay. sell ex- Attracted | by higher wag of Chinese | rirlg have deserted their humanita- rlan posts in medical missions in China to seek employment In factories there, said a report from the Presby- terian board of foreign missions to- day. The missions board says that men are now filling the places of the irls in the Christian missions. The ~tire female nursing force of ‘Temple ill Hospital, at Chefoo, cently quit in a body fo entar tories. fac- —_— Many African natives .consider castor oll the sweetest perfume in the wiushd Open. 69 13% Afr Reductton. . Ajax Rubber. Alaska June Allied Chem Allls Chalmer: Am Agr Chem.. Am Ag Chm pf.. Am Beet Sugar. Am Bosch...... Am Br Shoe pf. . Am Can. Am Can'p Am Chain A Am Chicle Co. Am Cotton Ofi. . AmTee... Am Internat'l Am La France. Am Linseed. Am Locomo Am Metal Am Radiator. Am Roll Mill pf. Am Rafe Razor. . Am Ship&Com. . ‘m Smelting. Am Steel Fiy. m Sumatra. ... Am Tel & Telg. . Am Tobacco, ... &Am Tobac (B). . m Water Wks. m WWK6% pf. Am WWki% pt. m Woolen..... Am Woolen pf. . Am Writ Prpf.. Am Zinc&Lead.. Am Zinc&Ld pf. Anaconda. . { Asso D Good: Assocfated Ol Atchison. .. Atchison pf. tlan Bir&Ati. . Auto Knitter. Caldwin Loco { Ralto & Ohio. Bank of Com Parnesdall (A). Barnesdall (B). Batopllas Min Beechnut Pac! Beth Steel. Beth St1 8% Booth Fish. Bklyn Edison. .. Bklyn Rap Trn. Bkiyn R T ctfs.. Brown Shoe. . Burns Bros (B). Butte Copper. Butte & Super Caddo OIl. Calif Pack. .. Calif Petrol. Calit Petrol pf. . Callahan Zine Canad'n Pac Central Leath Cent Leath pt. .. Cerro de Pasco.. Chandler Mot. .. Chesap & Ohfo. . Chi & Alton..... [ Chi & East Il Chi& ENllpt... Ghi Mil & St P. Chi Mi1&StP pt. | Chi & Northwn. Chi & Nwn pf. Chi Pneu Tool ChiRI& Pac... Chi RT &Po%pt. . Chi RI&P 7% pt. CStPM&Opf.. Chile Copper. ... Chino Copper. Coca-Cola. Cocoa-Cola pf Colo Fuel....... Columbla Gas. .. Columbia Gas wi Columb’a Grap. . Col Graph pf.... Comp Tabulat. . Cons Cigar. Con Gas new. Cons Texttle Cont Can Continental 3 Corn Products. Cosden & Co. Crucible Steel Cuban-Am Sug. Cub Am Sug pf. Cub Cane Sug. Cuba Cane S pf. Cuyamel Fruit.. Davidson Chem. Del & Hudson. .. D Lack & Wstn. Dome Mines Dupont (E ). Dupont deb. Durham Hoseé Eastman Kod Elec Stor Bat. Endicott-John.. Erfe.. Erie 1st pf Famous Play. .. Fd Mines&S of... Fif Av Bus wi Fisher Body.... Fisher B of O pf. Fisk Rubber.... Fleishman Foundation Co.. Freeport Texas.. Gardner Motor.. Gen Am Tk Car. Gen Asphalt Gen Electric. Gen Motors. ... Gen Mot 6% deb. Gen Mot 7% deb. Gimbel Bros. . Gimbel Bros pf.. Goldwin Corp... Goodrich. . Goody pr pf wi.. Goodyear pf...... Gray & Davi Gt Northern pf.. Great Nor Ore. Guantana Su Gulf St Steel Hayes Wheel. Houston Oil. . Househ'd Prod. . Hudson Motors. Hupp Motors. .. Hydraulic Stl. .. Hydraulic St pt. Illinots Central Indiahoma. .. Inspiration. .... InCombustE... Interb Rap Tr. Int Mer Marine Int M Marine pf. Int Nicke Int Nickel pf.... Intl Paper...... Intl Paper (sta). Int Tel & Teleg. Invincible Oil Iron Products. .. Ir Products pt. . Jewel Tea. . Jewel Tea pf. Jones Tea. . Kansas & Gulf. . Kansas City S Kayser (Julius) Kelly-Spr Tire. . Kelly-Spr 6% pf. Kennecott. 63% 18 86 50 9% 165 29% 13 454 715 17% 14% 61 . 45 . 178 17 87% 102% 48 99% 5% 87 96% 61 124 8% 31% 10% 96ls 42% 814 374 284 26% 3 15 113% 18 38 25% 19% 9 34% 4% 7 45% é8 70% 100% 72 Lee T & Rubber. Lehigh Valley.. Lima Locomo. .. Loews Inc.. Loft Inc. Mack Trucks. Mack Truck 2d. Macy Co pf. Mallison & Co. ManatSuga: Manhat Shirt. Manila El Corp. Market St Ry. Market St prior. Marland Oil. Martin-Parry... Mathison Alkili. Mclntyre Por. .. Mex Seaboard. Miami Copper. Middle St O Midvale Steel. .. MoK & T (new). MEK&T pf clA (n) Mo Pacifict Mo Pacific pf. Montana Pow. .. BMoatg'y W'rd..s 108 High. 69 18% 1% 2% 47 264 46 44% 49% 974 107% 24% % 1% 104 28 124 32 185 Low. 68% 13% 1% % 46% 24% 45% 4% 48% 108 96% 107% 24% 8% 1% 101% 8% 164% 34 4% 45% 6735 69% 2% 34% 60 22% 39% 0% 114% 33 82! 80% o1 951 2% 26% 64 96 33% 108% 86 1% 7 1% 29 6T 1% 46% 9% 182% £0% 9 853 99% 161 60% 6d% 381 112 119 401 144 Tl 17% 110 63 71 1% 18 85% 50 9 44% 178 16% 87% 102% 47 98% 5% 37 96% 61 3% 814 10 96 42% 60 374 28% 26% 3 15 H3 12% 88 25% 19% 9 34w 14% ki 46% (1] 70 14% 51% 100% 22% 2 60% 1% 21% 36% 57% 89 39% 9 62 29% €3 7 18% 8 88 87% 111% 36% n. 89% 14 6 8% 5% Close. 68% 13% 1% 7% 46% 25 45% 4% 49% 9274 101% 8w 1641 84 4% 45% 68% 69% 2% 34% 60 22% 3919 20% 114% &3 2% 88% 91 981y 27% 26 6% 96 33% 108% 86 1% 7 7% 297 67% 1% 6% 9% 138% 514 9% 35% 9% 1613 61 68% 81 112 119 403 145% 874 17% 110% 63 1 1% 18 85% 50 9% 44% 178% 17% 87% 103 47 98'% 5% 37 6% 61% 12% 1234 3% 81% 10 96% 424 . 60 37% 28% 26% 8 15 14 128 88 26% 19% 9 34% 14% 7 45% €9 70 14% 54 100% 22y 2% 60% 1% 21% 36% 57% 89 39% 9% 52% 29% 63 % 18% 8 88 87% 111% 36% n 45% 89% 14 7% 487 86% 64 86 19 19% 4% 184 17% % 18% 1% 29% 1% Open. High. 2T% 2T% 1 1 106% 107% 97 9T 16% 16% 41% 41% 95% 95% 40% . 40% 40% 69% 69% 68% S 127 127 127 111 111 11t 4% 14% 14% 41 41 39% 51 61 50% 93% /93% _93% 78 78 78 18% 19 18% 110% 110% 110% 23 28% 23 45 45 45 T4% T4% A% T 33% Low. Close. 26% 26% 10% 11 107 % 16% 40 96% 40% 68% 127 11 14% 89% 50% 23% 8 18% 110% 23% 45 4% Moon Motors h Motors. Nash Motors pf. Natl Acme... Nat Biscuit w 1 95% atl Bnamel. Natl Lead Natl Lead pt. Nevada Copper. N Y Afr Brak NY Alr Brk(A) ¥ Central 'Y Chi & St L. YNH&Hartfd. Norf & West. North Amer. North Am pf. North Pacific Ohio Bdy & Blw. Ohio Fuel Sup. . Oklahom Prod Ontarto Silver. Ohyx Hosiery. Onyx Hoslery p Orpheum Cir. .. Orpheum Cir pf. Otis Elevator Otis Steel... Owens Bottle PacificG & El.. Pacific Oll Packard Motor. Pan-Am Pete Pan-Am P (B) Penn Seabd Stl Pennsylvania Penn Coal & C'ke People's Gas. ... Pere Marquette. Philadelnhia Co. Philadel Co pf.. Philip Morrls. .. Phillips Pete Pierce OIl. . Plerce Ol pf. Phoenix Hoslery Plerce-Arrow. Plerce-Ar pf.. Pitts & W Va1, Postum Cereal Pitts Steel pf... Pressed St C pf. Produc & Ref... Pub Serv (new). Pub Serv pf Pullman Co. Punta Alegre. Pure OIl.. Rand Mines. Rap Tr Sec w.1. RapTr Sec pf w1 Ray Con Cop. .. Reading. . Reading 1st pf Rels Robert. ... Replogle Steel. Rep Ir & Steel.. Reynolds Spr. Rey Tobac (B) Rey Tobpt B Royal Dutch. St Joseph Lead. St L&San Sran. . St L&San Sr pt St L Southwn St L South pf San Cecil Sug. Savage Arms Schulte Stores. Seaboard Alr L. Sears Roebuck Shattuck-Ariz. Shell Union Simmons. Stmms Petrol Sinclair O11 Sinclair pf. Skelly Oil... Sloss-Shefliel Sloss-Sheff pf. South Pacific. .. So Porto RS ptf. Southern Rwy. . Southern Ry pf. Spicer Mtg Co. St Oll of Calif Stand Ofl of NJ. St Oll of N J pf. Sterling Prod. Stew't-Warner. Stromb'g Carb. Studebaker Submar’e Boat. Supkrior Oil. Sweets Co of A Tenn Copper. Tex Company . Tex Gf Sulphur. Tex & Pacific. Tex & P C Oil Third Avenue. Timken Bear Tobaceo Prod... Tobac Prod A “I'rans Cont Oil UnionBag & P.. Union Pacific. Union Pac pf Un Tank Cr pf. United Drug. Un Drug Ist.... United Fruit. . United Ry Inv. Utd Ry Inv pf. Ctd Retail Strs. . USCastIrP pt. U S Hoffman M. . U S Indus Alco.. U S Realty. U 8 Realty p! U S Rubb U S Rub 1st pf. U S Smelt&Ret. U S Steel. U S Steel pf. U S Tobacco. Utah Copper. Utah Securities Vanadium Cop. Va-Car Chem. Va-C Chem pf. ValIrCoal &C. vivadou. .. Wabash....... Wabash pf (A) Waldorf Sys. Wells-Fr Exp. West Penn Co. West Penn pt West Elec pt. Western Md West Pacific. . Westhse EI&M. Wheeling&L E. Wheel & LE pt White Eag Oil.. White Motor. White Oll. Wickwire. Wilson Co Willys-Overld. Wwill's-Overl pf.. Woolworth ‘Wright Aero *0dd lot. % 4% 2% 6 30% 40 119% 9T% 91 48 48% 104 104 126 125% 664 66% 261 16k 82 s2 17 45 15 o0 41 121 97% 91 50% 49 104 ~126% 66% 26% 82 17% 4 15% 6% 50 16 2415 624 26% 64% 1164 49% 20% 23% 44% 82% 58Ty 26 90% 86% 8% 17% 81 13% 83% 974 27% 59 80 90 98 33% 67 22 63% 381 116% 60 120% 86 122% 13 4% 1% 11 474% 6314 25% 18% 15% 421 61 83 10% T5% 137% 7215 10913 82 47% 1737 1315 401 83 6815 18% 66 1024 106% © 60% 102% 85 105% 119% 55 68% 20 37% 14% 43% 66 21% 9% 30% 1% 46 51 80 112% 24% 16% 67% 8% 14 27% 66% 3% 10% 344 4% 1% 11 4% 63% 25% 18t 16% 424 61% Bole 66 9% 30% 415 46 48 80 1125 24% 16% 57% 8% 13% 27% 66 3% 10% 3415 41% 46 48% 80 112% 24% 16% 57% 84 14 27% 66 8% 10% 84% % T% 67% 67% 218% 218% 10% 10% 112% 24% 16% b7% 8% 143 2% 65% 3% 10% 84% % % 67% 67% 220 220 10% 10% High. Low. Last. Call Money..... 6 6% 6% HOURLY SALES OF STOCKS. 11am..... 178400 12m 1pm. 409900 Zp.m.. TODAY’S SUGAR PRICES. Raw Market Shade Lower in Early Trading. NEW YORK, -April 27.—The raw sugar market was a shade lower early today, with Cubas quoted at 63, cost and freight, equal to 8.41 for centr! fugal, There were sales of 10,000 bags of Cubas by an operator to a re- finer at quoted prices, although first hands seemed to.be holding 6% co; and freight. There were also a sale of 2,500 tons of Cubas to Chile, at 6.69 f.0.b. Cuba, equal to about 3:32 above 6% cost and freight here. The raw _sugar futures market open- ed 1 to 2 points lower under con- tinued 1liquidatiop, but raliled - on covering and hélge buying owing to increased interest in the spot market. { Prices at midday were 5 to 7 points net higher, but trading was not active. There was no improvement in the demand for refined sugar and prices were unchanged at 10.05 to 10.25 for fine granulated. . 'ARIS TRADING LIGHT. PARIS, April 27.—Trading was quiet on the bourse today. Three per cent rentes, §7 francs "50 centimes; ex- change on London, 68 francs 10 cen- thmes; & per cent loun, 75 francs 70 conimes. The dollar was yuvied at 44 trancs 76 centimes. 470 200 . 828500 IN BOND MARKET {French Issues Also Continue to Go Higher—New Offer- ings Brought Out. BY GEORGE T. HUGHES, Bpeclal Dispatch to The Sta: NEW YORK, April 27.—The general bond market was dull and irregular today, but libertys reversed their movement of Thursday, and, with the exception of the tax-exempt 3s, all sold higher. This is all the more noteworthy because of reports from Washington that the government might have to pay close to 5 per cent for funds to meet the maturity on May 20 of the victdry notes. The present plan is sald to be to of- fer short-term securities in two or more serles instead of one long-term issues, and to date the new bonds or notes May 15, five days ahead of vie- tory maturity. The amount which will be asked, according to today's report, is $500,000,000. Foreign Insues Again Strong. Aside from the liberties the fea- {ture of ‘the matket was continued strength_in foreign issues, with the French 7%s making a new high for jthe year and with all French obliga- | tions in demand. Czechoslovak Ss continued their ccord advance, reaching a quotation 3 points above the price a week ago and 6 points above the figure at which they sold on the first of the year. Tod: quotation also is 18 points above the low for all time, | which reached on February 23 of this year. Much of the buying in | this issue as well as in other foreign {bonds is sald to have originated abroad. The city of Greater Prague 7135 made a new high today, as did the department of the Scine 7 In the railroad bond market there was more buying in Reading 4s cer- tificates for an advance of over 2 points, bringing them up to the level of the undeposited bonds. There were further reports of a compromise fa- vorable to the bondholders in the de- tails of segregation plan about to be presented to the court. Delaware and Hudson refunding 4s sold higher and Central of Georgia 6s lower, Today's New Offering: Other changes in rail quotations were meaningless, no attention being paid to favorable earnings statement and not much to unfavorable. Today's new offerings, which fn cluded about $14.000,000 Illinois Cen- tral 5 per cent equipment trust cer- tificates and $£5,000,000 Federal Sugar 6 per cent bonds. were promptly oversubscribed. It was weported that 0il directors had discussed for redemption the ten-year S per cent series A bonds due April 1, 1931, but no decision had Leen reached. FORD PLANS PLANTS ALONG SMALL STREAMS Special Dispatelito The Sta DETROIT, April 1t the Michi- gan legislature passes a bill now Lefore it, Henry Ford will establish {small factories adjacent to man {streams which will give winter er ployment to farmers and their fam- {ilics throughout the state. He be- {lieves even the smaller streams { should be harnessed to yield power for light manufscturing. With the extension of good roads he asserts { the plan will give farmers something to_do during the long winter months. { He already has several such plants, workmen in which are given oppor- | tunity to attend to their farming op- erations during the farm seasons. |""The bill which would permit the { harnessing of state streams for power purposes has strong backing, inelud- ing that of representatives from the :arming sections, and is expected to pass. ACCOUNTING DEMANDED FOR $11,500,000 By the Associated Press. NEW YORK, April Suits de- { manding an accounting of more than | $11,500,000 in stock transactions for E. D. Dier & Co.. insolvent brokers, jwere filed yesterday against one New ! York stock exchange firm and a for- { mer member of the exchange by Han- fred W. Ehrich, trustee in bank ruptey Individual members of William W ! Cohen & Co.. former stock exchang | firm, were made defendants In an faction to account for mere than § 1500,000. and Ware & Tranter were ued, as successor of Ware & Le- Land, to accouut for more than } $4.000.000. WALL STREET NOTES. NEW YORK, April 27 (Special).— A special meeting of United Shoe Ma- chinery Corporation for May 19 to vote on the proposed increase in au- thorized capital to 2,400,000 shares of common and 600,000 shares of prefer- red stock at $20 par. Van Raaelte Company has declared regularly quarterly dividends on pre- ferred stock. pavable June 1 to hold- ers of record May 18. For the three months ended March 31 American Zinc, Lead and Smelting showed profits of $142,665 preciation and depletion, against $50,- 152 in the same period of last year {and $126.191 for the third quarter of 11922, New York bank clearings, $768,000,- 000. New York bank balances, $90, 000,000. New York Federal Reserve Bank credits, $66.000,000. Boston bank clearings, $62,000,000. DIVIDENDS. Pay- abie. June | Company. Do. pt. Anglo-Aw. Oil. izona Copper. Auto Kanitter.. RBeth. Steel Case Co. of A. pf. Cosden Co. pf. CL-P. Ry. reg. gr. Do. special guar. lfl“lli;l'lfl’ \llfll pf. “Meyers A cm. !)m B cm. i Motor_Products Nat. Bup. of De | Wells-Fargo : —_— MANY BANKS IN DISTRESS. Norway Government Expected to Give Aid in Crisis, By the Associated Press. CHRISTIANIA, Norway, April 27.— Norway's financial markets are great ly disturbed, and in consgquence se eral of the big banks® have been placed under public administration. In the last few months some of the small banks were put in the hands of receivers, but this later action has brought matters to a climax. 1t is expected that parllament will pass a bill immediately giving the treasury department authority to as- sist banks In distres: —— FALL FATAL TO FIVE. Bricklayers Killed When Scaffold Drops From Hotel Roof. LONG VIEW, Wash., April 27.—Five bricklayers were killed today when a scaffold fell from the roof of the Hotel Monticello under construction here. A’ sixth workman escaped by grasping a portion of the scaffolding that dlfnot fall The accldent occur- red after the men had returned from lunch, Inspectipn of the scaffolding reveaied no reasun for the break. Tuc hotel is a-six-story building. L, 1 . 0 CEE May D. C, FRIDAY, 'APRIL 27, ILIBERTIES STRONG: | [~~~ voxx BONDS o sxcaivcn] Received by Privats Wire 1923 Direct te The Star Office. For Revised Close of Bond Market see 5:30 Edition of The Evening Star. Note—Quotations for last hour in- complete on account of wire trouble. (Bales are in $1,000.) UNITED STATES BONDS, (Fractions represent thirty - Example: 101-1 means 1011-32.) High. Low. Close. 101-11 1019 101-10 97-12 97-1 979 97-5 97 973 98-3 97-31 98-1 97-10 976 97-8 Vidtory 4%s.. 100-2 . 100 100-1 UB4%s1952. 105 98-26 98-22 98-28 FOREIGN. Sales. High. 102% 101% 97 101% 111% Lib 1st 4% Lib 2d 4%s. Lib 4th 43 s Cose. 102% 101% 97 101% 111% 0% 83 83 97 101% 100 101% 100 99% 103% 102% 108% 46% 111% 91% 99% 93 109 97% 96% 95% 917 100% 96% 93% Low. 102% 101% 967% 101% 11% 90% 82% 82% 96% 101% 100 101% 100 9914 103% 102% 103% 46% 111% v 91% 29% 922% 109 97% 96% 95% 914k 100% 95% 91 934 814 B82% 82% 82% 57 38 87 99% A 1115 4 98% 7 &0 1063 100% 91 94 964 98V 8915 884 68l ¢ 105% 114% 104 Belgium 7% Belgium 6 Belgium 8s. Bern 8s. Bolivia 8 Brazil 7s Brazll 8s Brazil 7 Canada bs 192 Canada 515 1928, . Canada b8 1931 Canaia 5s 1952 Chile 33 1946. Chile v& 1926. Chile 851941 Chinese Gov Ry Christianfa 8s. .... Copenhagen 5i4s. . Cubab%swi... Czechoslovakia 8s. Denmark 8s Denmark 6s. Dutch East 7 Dutch East I 6s '62 Framerican 71¢s.. 23 { French Govt 8s... 42 [ French Govt 71s. 156 Holland-Amer 6s. 2 Japanese 1st 4 ts. Jupanese 4s Jergen UM Lyons Gs. . Marseilles Gs. Mexico 5s.. Mexico 4s. Montevideo 7s. Netherlands 6s Norway 8s Frague 73 | Queenstand s. Queensland 6s. 7 Rio de Jan 8 1346. 13 Rio de Jan 88 1947. 17 Rio Gr DoSul §s.. 8 Sao Paulo.City,ss.. 1 o Paulo.State.8s. 5 eine, Dept of. 7 bs Crotes Slo § den Gs... Ud Kingm 5t Ud Kingm 5123’37 20 Uruguay 8 1 105 Zurich $s. 1 111% MISCELLANEOUS. Am Agr Chem 5 10253 102 Am Cotton Oil §: 1 68 €8 A SmUER 1st 5 88 Am Sugar Ref 63 102 AmT&Tev6s.... 11154 AmT& Teltris 974 JAmMT& Teltrds Anaconda cv db 7 Anaconda 1st 6s. Armour & Co 4%s. 10 Atlantic Refin bs.. 1 Barnsdall s f §s Bell Tel Pa 58 rets. Beth Steel rf 55 Beth Steel pm 5s. Betlr Steel s £ Gs. Bklyn Edison 7s Bush T Bldg 5s'60. Central Leather 5s Cerro de Pasco 8s. Chile Copper Chile Compe CinG & E5%s'62. Commonwth P 6s. Con Coal Md 1st 53 Cuba Cane cv d 8: Det Edison ref . Du Pontde N 715, Duquesne Lt 7%s. Duquesne Light 63 E Cuba Sug 7%s. Empire F&G 7% Fisk Rubber 8s. Gen Elec deb 5s. Goodrich 6%s Goodyear 8s 1931.. Goodyear 941 Humble O&R 5% Indiana Steel 58 Int Mer Marine 6s. Int Paper 1st 58 B. Kelly-Spring 8s. Lackawa 8 5550 Liggett&Myers is. { Lorfllard (P) bs... Manati Sug ef 7 Marland Ofl Ties.. l Mexican Petrol 8s. Midvale Steel 5s. Montana Power 5s Morris&Co 1st 4% Nat Tube 1st 5s New Eng Tel 5s. N Y Edsn 18t 5325, NYG EL H&P 4s NYG EL H&P 5: N Y Tel 65’41 N Y Tel 6549 N Am Edison 6s. N States Pow 5s. Northwst B Tel 7 Otis Steel T%s. Otis Steel 8s. . Pacific Gas & El 5s PacT & T 68 '52... Phila Co ref 68 A Producers & Rf 8; Public Service 58 Punta Alegre 7 Sacks &Cost1s Sharon St H 8s. Sinclair Oil 78 Sin Crude 011 Sin Pipe Line 6s. So Por Rico Sug 7s South Bell Tel 6s. .. St Oil of Calif Steel & Tube 7s. Tenn Elec Pow 6 Tobacco Prod st 7s Toledo Edn 1st 7s. 109 s014 988y 1043, 105% 93 90 107% 938 99% 90% 90% 100% 107 844 120 102% 29 100% 98% 86 100% 93 105% 101 94 104% 106% 9% 11% 874 5 107 9 101% 934 99% 804 90% 100% 107 84 120 102% 99 100 984 85% 100% 93 106 101 93% 1043% 10635 97% 111% 86% 107 101 87% 904% 82 103% 107% 94% 9815 841 102% 99 100% 98ty 86 100% 93 105% 101 931 104% 106% 111% 86% 107 101% 88% 913 82 108% 107% 94% 99% U S Rub.1st rf b U S Rubber 7%s. U S Steel s f bs. Utah Pow & LtGa. 3 88% Va-Car Chem 7s...140 1% Va-Car Chm 7343V 25 83% Warner Sugar 7s.. 1 103% West Union 64s.. 9 108% Wickwire Spen 7s. 1 94% | Wilson & Co1st6s 6 933 Wilson&Cov 7%s. 2 100 99% Winchester A T%s b 103% 103% ———e 31BIG PAPER COMPANIES GRANT PAY INCREASES By the Associated Press. NEW YORK, April 27.—The Great Northern Paper Company, the Ontario Paper Company and the St. Croix Paper Company have granted union demands for a general wage increase of five cents an hour, it was announc- ed today. Union officials declared they were confident that other lead- ing American and Canadlan paper companies would grant a similar in- crease. —SHOWS DEFICIT FOR 1922. NEW YORK, April 27.—The Key- stone Tire and Rubber Company, for 1922 reports net loss of $899,306 after expenses, interest and taxes, as com- pared with net loss of $678,089 in the previous year. Gross loss of $110,131 and operating expenses of $364,758, leaving an operating loss of $474,916, ed_with an_operating loss of $575,664 in 1921. Profits and loss deflcit of $2,538,678 compares with $1,468,128 In the previous year. NEW YORK EGG PRICES. NEW YORK, April 27.—Eggs—Ir- regular; receipts, 38,756 cases. Fresh gathered seconds, 26%a27% ; New Jer- hennery whites, uncandled extras, sific coast whites, ex- do firsts Lo extra firsts, 97% | 103% i RAILROADS, ales. High. 7 86% 2 8% 1°96% Low. 86% 78 95% 6% 100% 9% 81% 78% 94 3% 4 113% 112% 78% 83% 88% 874 83%: 27% 85% 98% 9% B&Ocviys B&Oret bs. : B&O PLE&WV 4s. B&OSW divays. BklynRT17s’21.., Canadian North 7s Canad North 63 Canad Pac deb 4s. Central Pacific 43, Ches & Ohio cv Gs. Ches & Ocv 4348 Ches & O gn 4348 Chl & Alton 3% Ch! B&Q gn 4s Chi B&Q 1st rf g Ch! & E 111 gn b8, Chi Great West 4. C M & Puget Sd 4. ChiM&S Pre4ys. Chi M&St P ov bs. . Chi M&St P 4525, Chi M&S P ov 4158, Chi M&St P 4534, - Chi&NW7s. ., ‘(:::gyufls.... . 3 I& P Chi Un Sta ::g:f i Chi & W Ind cn 4s. CCC&StLrfésA.. CCC&StL 41y Cleve Term 514 Del & Ha 1st re 4s Del & Hudson 5% Den&Rio G con 4s. Frie gen 4 Erfeconv4s A, Erfe conv 4s D. Gr Trunk sf db 6s. Grand Trunk 7s. .. Gr North gen 7s. Gr North gen 63s. Hud & Man ref bg. Hud & Man aj 5s. . 111 Central ref 4s Int Rap Tran bs. .. Int R Transit 7s. .. Int & G Nor aj 6s. . Towa Central rf 43 Towa Cent 1st bs. . Kau City Ft S 4s XRansas City 8 3s Kansas City 8 s Kan City Term 4s. Lake Shore 4s'23, Long Island rf 4s. . Louis & N uni 4s. . 85% 8% 94% T 90% 9414 £41 103% o TB% 7% 64% 943 543 953 7% 5 102% €9 €5t 65 72% 413 63 43 87 €0 834, 106% 9415 94 92 78% 100 90% 1073 74% ¥b% 625 614 674 815 €41y 88 73 44 6516 9174 864 943 1013 55 89% 83 103 86 601y 9% 9% 50% N ¥ Cent deb 4s. N ¥ Centribs., New Haven c d 6s. New Haven 7s. \r‘\'. Haven d 4s State Ry 4 Y W & Bos 4 ::L orfolk & W cn 4s Northern Pac 3 S oGS mEaan 831y 1064 9415 94 92 T7% 100 903 1071 787% 854 62% 6 66°% 81% 641y 88 73 44 654% o1% 85% 944 66% 101 543, 899 83 103 86 60% 9% Northrn Pe Gs rct. Cre Short Liref 4s. Ore-Wash 1st rf 45 Pennsyl gen 58 Pennsyl gen 4 R e ConRES e 781 100 90% 107% 44 85 62% 6% 67% 81% 6454 89 788 44 664 o17% 85% 9415 67 101% 6514 90 83 6 103 86 6014 9% @ 8 Reading gen 4s Rio G West cl 4s RIArk & L 4;s StL&SFpldsa StL&SFprin ss. StL&SF incés. . StL&SFiiusD., StL &S FadjGs. Seab’d A Lref 4s Seab’d A L con Seu Pactfic cv 4s. Sou Paclfic ref 4s ! Southern Ry 1st Southern Ry gn 4s Southern Ry 634s. Third Ave adj 5s. Union Pac 1st 4s Union Pac st rt Unlon Pac cv 6s. ‘Wabash 2d bs. Western Md 4s. ... a: ute;: Pacific 55 st Shore 1st 4s. Whel &LE rf 4%s. Zgfi 23:2 TOTAL SALES (Par Value): 1lam.. 3581000 12noon. 5250000 1p.m.. 6709000 2p.m.. 7924000 GIMBEL BROTHERS PLAN | TO INCREASE STOCK ! NEW YOR A special meeting of Gimbel Brothers stock- Lolders has been called for ) y 11 to authorize an increase of the com- pany's preferred stock from 150,000 shares to 180.000 shares of $100 par value and an increase in the common stock from 500,000 to 600,000 shares. The stockholders also will be asked to authorize the acquisition of all the outstanding common stock of Saks & Co., amounting to 42,000 shares of $100 par value stock, In exchange for 100,000 shares of 'Gimbel common ock, and also of the preferred stock of Saks & Co., amounting to 30,000 shares of $100 par value stock, in ex- change for a promissory note of Gimbel Brothers, bearing interest at 6 per cent. Another special meeting will be called to increase the number of direc- tors from eighteen to twenty-one and to elect three new directors. U. S. CONSUL TO QuIT VLADIVOSTOK POST Recall by Hughes Said to Follow Demand Moscow Approve Appointment. &S &S &S B 1 1 By the Assaclated Pren HARBIN, Manchuria, April 27.—S. Pinckney Tuck, American consul at Viadivostok, has announced he is leav- ing the soviet far eastern capital with his staff May 1 and has advised all Americans In the country to do like- wise, according to advices just received. It was also stated that Vice Consul Ed- ward B. Thomas, stationed at Chita, is leaving bn_the same date. 1t is understood, according to reports from Vladivostok, that the soviet offi- clals there had insisted that Washing- ton request Moscow to extend govern- mental recognition to the American officials and that Secretary Hughes re- plied by ordering their withdrawal. The records and documents connected with the Viadivostok consular office are said to be en route to Tokio, MOTOR CYCLE HEAD DIES. SPRINGFIELD, Mass., April —Henry H. Skinner, sixty-five, died suddenly here last night. He was president of the Hendee Motor Cycle Company of this city. - He was asso- clated with & number of banks and industries and was a member of the New York and Boston stock ex- changes. . Just School Spirit. From the Open Road. The young man walked down the street, one shoe off and his coat turned inside out. A policeman stopped him. “What's the idea?’ he demanded. “Well, you mee, it's this way,” re- plied the young man. I'm taking a course at a correspondence school and yesterday those darn sophomores Werdte mc and told we to haze my- l ' l FINANCIAL. Grain, Produce and Live Stock LOCAL WHOLESALE MARKET. There is & big demand for cow meat, but receipts are not large. Prime beef also is in good demand, the market on all grades being dctive at prevail- ing prices. The lamb market is strong. “Good and strong” was reported of the condition of the pork market. Pork is 3 or 4 cents a pound higher than the prices two weeks ago and 1 cent higher than last week. Hams, In great demand in warm weather, are sigghtly higher than last week. B&S—Strictly fresh, melected, can- dled. per dozen, 28; average receipts, 26; southern, 2 Live poultry—Roosters, per Ib., 25a35; spring 17; turkeys, per chickens, per 1b., 60; winter chickens, . young, each, 8! per 1b.,, 40ab! 25226, fowl; % , poultry — Fresh-killed spring chickens, per lb., 70a75; win- ter chickens, per 1b., 45a50; hens, per D., 30; roosters, per 1b., 19a20; tur- keys, per b, 45ab0; keats, young, each, 70a80. Live stock—Calves, cholce, pe: 1b., 10a11; medium, per 1b., 9a9%: thin, per 1b. 6a7. Lambs, spring. per 1b. 18. Live pigs. 3.00a5.00 each; lve hogs, per 1b., 8%, e Green fruits—Apples, per bbl., 3.00a 7.60. California oranges, per crate, 4.5025.50; Florida, 5.60a6.50. Lemons, Der box. 4.00a4.50. Grapefruit. 3.50a 4.50. Strawberries, per qt., 25a35. Vegetables—Potatoes, per bbl, No. 1, 2.0043.00: per sack, 3.00a3. 2 Potatoes, Florida, per a10.00; sweet potatoes, North lna, 3.00a3.50; nearby, 1.00a3.00. Let- tuce, per crate, southern, 50a2.0 Roniaine Jettuce, per crate, 1.50a2.0 ITceberg Jettuce,” per crate, 4.50a5.01 Cabbage, southern, 2.00a2.50 per baske Eggplanis, per crate, 2.00a3.50. Tom: {0es, per box, Florida, 2.00a4.50. Beans, 2.00a3.00 - per basket. Peas, 3.0026.00 per basket. Peppers, per crate, Flor- ida, 1.50a4.00 Kale, per barrel, Goa . Spinach, per barrel, 1.50a2.00. per crate, Florida, %.75a3.25. uash. 2.50a4.00. ' Florida lima_beans, . ket. South Carolina asparagus, 2.00as.00. 3 GRAIN AND PROVISIONS. BALTIMORE, Md, April 27 (Spe- clal).—Potatoes, white, 100 pounds, new, pounds, 2.2583.75; swi 50a2.50; bushel, 30a’ bushel, 50a85; 3.00a6.00; i beets, hundre hampers, 2.00a2.50; 5.00a8.00 paragus, doze bushel, 1.00a2. a8.00; cabbage, carrots, hundred, crate, 1.50a2.50; cucumnbers, a4.50: eggplants, crate, horseradishes, bushel, 2.60a3. bushel, 40a45; lettuce, 2.50; onfons, "100 pounds, 2. spring onfons, hundred, 1.25a1.350; peas, basket, 2.50a4.00; peppers, crate, 2.50a4.00; radishes, bushel, 1.00a1.50! spinach. ‘bushel, 56a75; squash, crate, 2.50a3.50; tomatoes, crate, 1.50a4.50. Applee. packed. ' barrel, 3.00a6.00; bushel, 1.00a1.75; box apples, 1.75a2.75; grapefruit, box, 2.5084.00: orange: box, . 4:00a6.50; “strawberrles, qu 25845, Selling Prices at 12130, Whea 1 red winter, spot, no Guotations; 2 red winter, spot, 1420 ; winter, epot, no quotation red winter, gar Heky, 2 red winter, ga; icky, iuotations; April, 1413, & 3 Sales—None. t'orn—Cob corn, ne rel; contract, spot, No. 2 corn, spot. 95 track corn. yellow, No better, ‘95 per bushel. Sales—None. red i No. 2 1.4114; No. spot, no . 4.75 per bar- per bushel; No. 4, no quo- 2 or 2, 5513 and 56 per - 3, 5412 and 55 per bushel. Rye—Nearby, $0a%0 per bushel; Western export, spot, 93% no quotations. eipts, 57 tons; ample re- celpts for all trade wants from 17.00 to 21.00 per ton. The market is dull for lower grades and inferior hay, which is of uncertain value. traw—No. 1 tangled rye, 16.00 wheat, 12.50213.0 oat, nominal, 14.00a15.00. DAIRY PRODUCTS. BALTIMORE, Md.,, April clal)—Po per 15.00a 27 (Spe- o live young chickens, pound, 3. Poor and thi; i win ters, '45a50; springers, leg- horns, springers, 55a60; leghorns, springers, 45250 old_ hens, 26a2 small and leghorns, 25; old roosters, 15a16; ducks, 23a25; small and poor, 20a21; pigeons, pair, 35a40; guinea fowl, each, 40a60. 'Eggs, loss off native and nearby, firsts, dozen, 25: southern, 24. Butter, creamery, choice to fancy, 44; prints, 45a46; nearby, 4la4 i rolls, 38a39; store packed, 37; dairy prints, 38a42. CHICAGO LIVE STOCK MARKET, CHICAGO, April (U ment of 'Agriculture). ceipts, 18,000 head; mostly 10 to cents higher to shippers and small killers; top. 8.1 0 to 225 pounds averages 240 to 300 pound butcher: sows, 10 to 25 cents higher; mostly 65; s _strong; 100 to 125 7 heavyweight 75: medium, 1.85a8.10; uttle—Receipts, 3,000 head; gener- ally steady; she stock uneven: killing quality plain; 70 head steers fed perimentally at Ames, Iowa, 10.00; 21 head at latter price beef’ steers and vearlings, 8.25a9.00; one load, 9.60; mixed steers and heif- ers and heifer yearlings, 9.00; plain kind, 8.00 and below; stockers and feeders fairly active; one load half fat kind on Mineral Point, Wis. ac- count late vesterday, 9.10: bulk thin stockers and feeders, 6.50a7.75; bulk vealers to packers, 850 downward; few to shippers and small killers, 10.00 and_above. Sheep—Receipts, 7,000; head; lambs steady to 15 cents higher: spots cents higher; top-wooled lambs, 1. to shippers and packers; three loads Navajo 80-pound lambs, 14.25; clipped Jambs mostly 11.25a1200; two loads 104 pounds to exporters, 10.50; other heavies, 10.15 downward: = sheep steady; best wooled ewes, 9.00; clipped ewes, 7.00a7.25. TODAY'S CHICAGO PRICES. CHICAGO, April 27.—With better weather northwest giving promise of tmproved seeding conditions for the spring crop, lower prices ruled in the wheat market today during the early dealings. Reports were at hand also that rains had greatly Lelped the winter wheat crop at im- portant sections, Nebraska in par- ticular. Declines shown by quota- tions at Liverpool counted as an, ad- ditional bearish factor. The opening here, which ranged from % to % lowerfl with Hay 1.25% to 1251 and July 1.24 to 1.2414, was foliowed by a little further setback and then something of a rally. Corn and oats were ecasicr with wheat. _ After opening a shade to half a cent lower, May 81 to 81%, the corn market receded a little more and then recovered somewhat. Oats started at % decline to a like advance, May 45%, and later showed slight downturns for all months. Higher quotations on hogs gave firmness to provisions. High. 9.65 10,00 TAKES $1,000,000 LEASE. NEW YORK, April 27.—Willlam Breit, retaller of womep's wear in this city, yesterday completed nego- tiations with Maurice M. Reldy for the leasing of the three-story and basement building at the corner of Main and Foster streets, Worcester, Mass., for a long term at rentals ag- gregating approximately $1,000,000. Mr. Breit will alter the property at a cost of $100,000, and will open a high- ass, department St Several of- s for w sublease with large profits Lave been received by tle les packing | ' ’ RAILWY PREFERRED « ISACTIVE LEADER § All Offered Taken at 75—No Sales of Common—Finan- cial Notes. BY L A. FLEMING. Raflway preferred was the active leader in today's market on the Washington Stock Exchange, and ver the sales were but 118 shares, | comparatively large number of sma! lots. The bid price, 75, was main talned throughout the sesslon and offered taken at that price. Common stock was scarcely mer tioned; in fact, there was no disposi- tion to make any trades and not a sale was made. Would-be buyers o fered 65 for the stock and a offered at 68%. Elsewhere throughout the list movement was fairly active steady prices. The only unusua transaction was the sale of $4.00C Washington, Baltimore and Annapolts 5 per cent bonds at 75, the first busi ness In these bonds for many days. Washington Gas 713, due for demption in a few d ugl 102%, the calling price being 103; th stock of the same company was fi at 49%. In ali 47 shares of Capital Tractio brought 99%, the lot being made u of all manner of small lots. Potomac Consolidated strong at 971, Named as Chapter Head. James C. Dulln, Jr., assistant t urer of the American urity Trust Company and income tax ex pert to hundreds of the blg U company's friends and customers, wi be the next president of Washingt. Chapter, A. 1. B. A The nomination, uncontested, coul not have been better placed, as 3 Dulin is a hard, faithful worker the chapter and a man who can e mand the right kind of support assistance for it wheu needed. will be elected May 16 B. & O. Earnings. Earnings of the Baltlmore & OLiu system were released this morning Operating revenue for March tot $23,747,280, a gross gain of $41 over the revenue for the same m in 1922, Net operating revenue fo the month of March $5,597,041, an crease of $1,436,370. For the three months of the ) ‘| 38 net revenue by $4,674,835, which ~ cut down by tax accruals, uncollected equipment, $3,837.215 or better th month net increase for the y to April 1. Frelght was\ responsible for neur all the gain. Citles Service Earnings. Cities Service Company for il calendar year earned $14,635.976. increase “of $1,197,200 over 1 Farty-seven per cent of the gr earnings was derived from the publl utflities and 43 per cent from oils. The public utility section earne all fixed charges and dividend on the preferred stock. Preferred stock dividends wer earned 2.41 times and the balance ac cruing to common stock was equal t $14.58 o share on common. The report is in substantiation of the general betterment in all publ; utility corporations’ business. Development work goes n with contracts under exscution will resuit in the sale of largely creased service throughout we: state “First Year of the Budget.” This is the title of a book just ic sued by Gen. Charles C. Dawes, re- cently director of the budget. The work is a close personal st of the day-by-day work of Mr. Dawes, and contains many personal and off cial letters during the period when establishing the first budget of the United States. It contains an appendix with m valuable and interesting informat Rallroad Earnings. Raflroad earnings for March ar coming in fast, and they show w ver: general increase in gross. as expect- ed, judged by weekly earnings as re poried. Net earnings, too, are but not in the same ratio as by_any means. Net operating_in g follows: New York Central, $1.8 73; Southern Paclfic, $1.868.15 from a gross galn of $21,185, Louls and Southwestern. Southern Railway, $1.716,56 peake and Ohlo, $151,093, and and Western, $352.2; eaboard Air Line, Loug Island and ew York. Ontario and Western showed eficits In net operating income. Peraonal Mention. Francis M. Savage, president of Northwest Savings Bank, has returnc from a trip to Chlcago and othe: western points. : 3 At noon today the executive council of the A. B. A. will adjourn and tI local delegates will, in all probability, be Liomo in the morning. WOOL PRICES ADVANCE. Manufacturing Situation Held to Be Very Sound. BOSTON, April 27.—The Commier- cial Bulletin tomorrow will say “While the wool market eastern seaboard is still slow th west_and the foreign markets are all decidedly strong, London having opened this week with prices show ing a rather greater advance tha had been expected, especially on the crossbred descriptions. Australian kales are all closing for the seaso: with prices at the top, while in South America_there is littie wool left of any kind. Buying moves with mod eration in the west, but is more gen eral and prices are fully firm, as con: pared with a weel ago. “The manufacturing situation ix very sound, on the whole, although some buyers of cloth have evidently overanticipated their wants. Manu- facturers have shown a disposition to select customers as much as po sible with the thought of suppres ing_speculation. “The mohalr market here is siow. supplies being restricted. Intere: at the moment {9 centered in the country.” BAR SILVER QUOTATIONS. LONDON, April 27.—Bar silver, 325 pence per ounce. Money, 1l per cent. Discount rates—Short bills, 1%al% per cent; three months' bills, 2 per cent. NEW YORK, April 37.—Foreign bar silver, 67%; Mexican dollars, 51%. WOULD ABANDON LINE. The Chicago, Rock Island and Pa- cific railroad notified the’ Interstat Commerce Commission today of 1 desire to abandon a thirty-four-mile section running from Guthrie to Chandler, in Oklahoma. All of the points touched by the line, the peti- tion sald, are served by other rail- roads and the Rock Island has en- countered regularly recurring annuul losses, amounting to $101,000 in 1921 alone, in attempting to keep its linc operating. , LIVERPOOL COTTON. LIVERPOOL, April 27.—Cotlon Spot, limited demand; prices easier: good middling, 16.71; fully middling 15.56; middling, 15.46; low middling 15.21; good ordinary, 14.71; ordinar 14.41. Sales, 4,000 bales, includin: 3,000 American. Receipts, 11,000 bulc including 200 American. Future- closed very steady. April, 14.95: Ma: 1y apace th \ s increased Sa Corfoll [