Evening Star Newspaper, June 6, 1923, Page 26

,:é-su,i. ‘ e FIN STOCKS DO BEST N FINAL HOUR Sugar Group Again: Active. i Steel Crosses 97—Some Special Issues Weak. BY STUART P. WEST. Bpecial Dispatch to The Star. NEW. YORK, June 6.—The stock market had to face the test of nu- merpus weak spots developing in spectal issues today. Tt bore this test in the main pretty well A half @ozén or so stocks, including principally- some of the oils, were driven down a point to two points, but without evoking any responses to speak of In other directions. Announcement of the intention to lower the dividend on Pure Oil from 2 $2 to a $1.50 basis was followed by a break of nearly three polpts in the stock to u new low for the year. This is_clearly enough a speclal .case where more capital is needed in the| cunduct of the business. Other Stocks, Also Drop. The action furnlshed the provoca- tion for further attacks upon other oils like Goneral Asphalt, Mexican Seaboard and Texas Pacific Coal and Oll. - The last named sold at the lowest yet touched sinoe it was ad- mitted to the trading list three years ago. 1t was a matter of note that the weakness in these particular Jid not extend to the entire group, but, on-“the contrary, that stocks like Marland, Cosden and Producers and Refiners were distinctly better. New York Ceneral was the leader of the ralls, the street feeling quite confidont of an increased divided at the coming meeting. The spectacle of this stock above par again failed, Bowever, to arouse much interest in otiter Special weakne: ternational Hary influencing the rest of the market. Leaders Come Back. The more active stocks, like Bald- win Locomotive and Studebaker, American Can and Steel common wers off a half point to a point in the early dealings, they ap,arcd to have run into e tective support and came back read- s continued in In- ily. The outstanding incidents financial situation today the stock market. There wa: nothing particularly nificant about the stock exchan movement, except that it showed, the same as on previous duys, the pres- ence of strong forces back of the ex- isting price level. No attempt was made to arou.: interest in any im- mediate prospects of another general upward swing. ‘This will. have to de- pend upon later developments in the business world and in the harvest states. . But the market still refused to be influenced as it was a month agoe by the outeropping of weakness in indi- vidual stocks. Of far greater interest than any- thing happening in the share list was the latest figures on raflway e loadings covering the week ending May 26. The last hour was the liveliest part of the day. It was then that steel common drew across 97 and that Baldwin Locomotive, American Loco 2nd other leaders made their best showing. The sugar group came to life for the first time in several days. .May Department Steres. May Department Stores has ad- vanced recently for apparently mno other reason than the report that by fall the dividend will have been in- creased to $6 annually. KEarnings amply justify such an Increase. In the western properties of the com- pany particularly, profits have gone ahead substantially this year and May has been discounting the im- provement which has occurred. Private dispatches were recelved in Wall street today regarding the situation in . Federal Mining and Smelting and that was reported that people close to the affairs of thls company have been buyers of the stock lately. Federal Mining prefer- red today was more active at higher prices following its advance on Tues- day, but was still only a few points above the low of the year. It is said that the preferred dividend is being earned twice over. MAREKET CLOSES FIRM. in the Reach Higher Ground. Sales, 600,000 Shares. By the Associated Press. NEW YORK. June 6. — Prices | moved to Wigher ground in today's btock market after an early period nf heaviness caused by active liqui- dation of the cil and leather rhares. Placing of Pere Marauette on a $4 annual basis stimulated the buying of railroad shares. Sales approx- imated 600,000 shares. The closing was firm. Mark up of American Locomotive to 14 the highest price ever recorded, rallied the entire list in the late dealings. BANKS ARE OUTGROWN. Portland, Ore., Institutions Plan for Expansion. Prices Special Dispatch to The Star. PORTLAND, Ore., June 6.—Port- tand’s banking business hes increased so rapidly that even the Mmoderr | structures now housing the finan- cial institutions are inadequate. The United States National Bank has just been given permission to build a new structure with a 24-story tower, which will be the highest building in the country. The First National Bank is bullding a handsome struc- ture for its trust company subsidiary, the Broadway Bank has drawn plans for 2 new home and the Bank of Cali- fornia will erect a new building here next- year. —_—— 982 MORE WORKERS. DETRCIT, June 6 (Special).—In- dustrial employment here took a further spurt this week, as shown by the report of the Employers' As- soclation today. The total indus- trial improvement is estimated at 344,900, an increase of 982 workers. | A year ago on this date the number enfployed was 255.000. STOCK SOLD SAME DAY. CHICAGO, June 8.—Stock purchas- ed in New York on the order of Kriebel & Co. for its customers was sold: again the same day, Harry F. Hauiliali audiosere A MIiey s & sistant district attorneys, t outin the irial of Tied Rriepel president. and Henry Pommery, New vork representative,. of the firm, gharged with using the mails to de- raud. TODAY'S WOOL MARKET. BOSTON, June 6 (Special).—The Australian situation is having a strong influence on the American wool markets. Absence of rain there has_caused a serious situation for the new. season's clip, although very recent rainfall has somewhat allevi- ated conditions., Everything points to a high level of values wher the next selling season opens. The local market was firm, though very dull today, but there were no signs of distress, excepting in the lower grades. BAR SILVER QUOTATIONS. LONDON, J\lnc 6.—Bar silver, 31%d per punce. 1% per cent. Dis- count fltclr—short bll|l, 11 per cent; thren-rnonm bilis, 2 per cent. Ni YORK, June 6.—Foreign bar silver, 65%; Mexican dollars, 50. oils} rail sto i ter, but without | but on thiy decline | lay outside | ANCIAT. Adams Express. Adv Rumley. ... Alr Reduction. . Atl Refining pf AJax Rubber. Alaska Juneau. All Am Cable. Allled Chem. . Allied Chem p?. Allis Chalmers.. Am Ag Chm pt.. 'm Bosch Am Can.. Am Can pf. Am Car & . Am Cotton on. 3 Am Expre: AmH& lgl“l - AmHE& Lea pL Am Ice. Am !n!ernl( 1 Am Roll Mill pf, Am Safe Raszor.. Am Ship&Com. . Am Smelting. Am Steel Fdy Am Sugar Am Sum: AmTel & T Am Tobacco Am Tobac (B1.. Am WWk1% pt. Am Woolen..... Am Woolen pt. . Am Wool pf £ pd. Am Writ Prpt.. Anaconda Arnold Co. Asso D Goods AssoD G st pt Atchtson. Atchison p! Atlan Bir&A | Atlan Cst Line | Atlantic Gult Atl Gulf pt. At] Fruit ctfs Atlas Powder. Atlas Tack. Ealdwin Loco Balto & Ohlo. Halto&Ohio pf.. Bayuk Bros. . Beechnut Pack. Beth Steel...... Beth Stl 7%(n). Bklyn Edison Bklyn R T ctf: Bklyn Rap Tro. Bklyn Un Gas Brown Shoe Burns Bros (B). Butte Copper. .. Butte & Super.. Caddo OIl. Calit Pack. Calif Petrol.... Calif Petrol pf.. Calif Petctfs. .. Callahan Zinc. . Calumet&Ariz. . Canad'n Pac. Carson H Gold. . Case (J 1) pf. Central Leath Cent Leath pf. .. Cent RR of NJ. Century RIbMlls Certain-t'd 1sf Cerro de I’asco. Chandler Mot. .. Chesap & Ohto. . Cni & Alton. . Chi & Alton pf.. Chi& EINpt... Chi MUl & St P.. Chi MII&StP pt. Chi & Northwa. Chi Pneu Toul. . ChiR1& Pac... Chi RI&P 7% pf. Chile Copper. Chino Copper. Cluett Peabody. Coca-Cola . Colo Fuel. Colo&South 2d. . ColumblaGas wi Columb’a Grap.. Col Graph pf. <omp Tabulat.. Cons Cigar. Con Gas new. Cons Textil Cont Can. .. Corn Preduct: Z Corn.Prod pf. Cosden & Co. ... Crucible Steel.. Crucible Stl pf.. Cuban-Am Sug. Cub Cane Sug. Cuba Cane S p! Cuyamel Fruit. Davidson Chem Dei & Hudson. .. DLack & Wstn. Dome Min Dupont (E Eastman Kod Elec Stor Bat.. . Endicott-John.. Erfelstpf...... Famous Play. . Famous Play pf Figher Body. . Fisher B of O pt. wisk Rubber.... Fleishman. ..... Foundation Co. . Freeport Texas.. Gén Am Tk pf Gen Asphalt. Gen Clgar . Gen Blectrlc. . .. Gen Elec spl wi. Gen Motors. . ... Gen Motors pf.... Gen Mot 6% deb. Glidden. Goodrich. Goodyear pf. Goody pr pf wi.. Granuy Consol.. Gray & Davis. .. Gt Northern pf. Great Nor Ore.. Greene-Canan. . Guif M & Nor pf. Gult St Steel.... Hartman Corp. . Haye Househ'd Prod.. Houston O11 Hudson Motors. Hupp Motor: Int Mer Marine Int M Marine pf. Int Nickel...... Int Nickel pf. | int) Paper. . Int Tel & Teleg. Invineible O11 Island OIl... Jones Tea. .. Kayser (Julius) Kelly-Spr Tir Kennecott. Kinney GR Laclede Gas Lee T & Rubber. Lehigh Valley. . Mack Trucks. .. nck Trucks 1st. Maiiison & Co. Man El inv guar. Manhat Shirt. Marlazd Ofl. MarltaRpckwl. Maxwell (A Mex Seaboard Mex Seabd ctfs. Miami Copper... Middle St Oll Midvale Ste Adv Rumley pf.. Open. High. 'lm 3% T84 A 25% IIA J12e% 1475 147% 147 W7 103 103 15% 16% 4 133% 180% 49% 48% T BT 6T 51% 67% 53% 90% 108 2’/- 2% Pty !09% 109% 56% 85% % 22% 3% 81 111 107% 107% 28 2% % T 55% 52% 162% 162% 6 6 1% 7% 26% 24% 63% 60% 108 46 |’2- 130% s 118 107% 107% 61% 60% 69% 68 185 18% 9 8% Fd Mines&S of.. : 8% 100 139 100 21 21% % % % 864 36% 101% 101 2% 82 37% T6% % 2T% 14% 80% 43% 67% Low. Cless. 734w} 13 123% EVENING ‘STAR;” WASHINGTON, -D.—0C; : [ voss BONDS o o] Received by Private WiregDirect to The Star Office. NEW YORK STOCK EXCHANGE Received by Private Wire Disect to The Star Office 2%% 26% 10 97 12% NoOr T‘xlu.l. . NY Alr Brk(A). N Y Central..... N Y Dock. \Y'N‘HQHIP(M. NY O&W. Norf & West. North Amer. North Pacific. Oklahom Prod. . Orpheum Cir. Pac Co'st 1st pf. 117% | Pacific OI1. 42 Packard Motor. Pan-Am Pete. .. Pan-Am P (B).. 2% | Pennsylvani 89% Penn Seabd St1. 91% | Penny (J C) pt.. 101% 102% People's Gas. Pera Marquette. Pere Marg pf. Philadelphia . 143 | Philadel Co pt.. ” 35% Phillips Péte. ... Phoenix Hosiery. Plerce-Arrow Pierce Oi). Postum Cereal. . Pressed Sti Car. Produc & Re! Pub Serv pf.. Pullman Co..... Punta Alegre... Pure Oll. . Rallway Stl Sp. Rap Tr Sec w. Ray Con Cop. Reading Reading 1at pf. Reading 2d pf Remingtor Rep It & Stes Reynolds Spr. 7% | Rey Tobac m).'. 28% | Royal Duteh. . Rutland Ry pf.. St L&San Sran.. St L&San Sr pf. St L' Southwn St L South pf... Schulte Store: San Cecll Sug. Savage Arms. Seaboard Air L.. Sears Roebuck.. Seneca Copper. . Shell Tr&Tran.. Shell Unlon. . Shell Unlop pt Simms Petrol Sinclair O1l. Skelly Ofl.. So Porto Sugar. South Paciflc. ... Southern Rwy. .. Southern Ry pt. . Spicer Mfg Co. .. St Ofl of Call; Stand Oil of St Oil of NJ pf. Sterling Prod. Stew't-Warner. Stromb'g Carb Studebaker. Studebaker pt.. Submar'e Boat Sw. 89% 84 67 ts Coof A.. TexasCompany. Tex Gulf Sulph. Texas & Pacific Tex & PC& Ol Timken Bearing Tobacco Prod. Trans Cont Of Twin CF. Tran. 'nderwcod..... Underwood rts. Union ONl. . Unton Pacific. United Drug. United Fruit. Ttd Retall Stry SCast I u E U S Food Prod.. U S Hoftman M. . U S Indus Alco.. GD% 171% %! U S Realty. USRealty pf... U 8 Rubber. U S Ste U S Steel pf. Utah Copper. Vanadlum Cop. . Va-C Chem pf. ValrCoal&C.. Vivadou.... Vulcan Detin pf. Waldorf (new) .. Western Md 2d. . Westhse E1&M. . White Eag Oil.. ‘White Motor. Willys-Overld. . Will's-Overl pf. ‘Wilson Co. . ‘Wisconsin Cent. Woolworth. wright Ae 10% High. Low. Last. « Call Money. ... % HOURLY SALES OF STOCKS. . 318200 .- 477200 SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) Aluminam Co. of Am Alnminum Co. o¢ Amer. 18 nu American Cotton Ol 8s 1 American Sugar Gs 1887. American American Te FOREIGN ISSUES FEATURE BONDS Eries Lead Speculative Rails. Liberties Higher—Other Prices Firm, But Dull. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, June 6.—Strength in forelgn Issues was easily the feature of today’s bond market. Whether this was in anticipation of the offer- ing on Monday of the new Austrian loan or whether it was based on fa- vorable advices from abroad cannot. of course, be stated, but the trend of the market was unmistakable. Some of the buying doubtless was for for- elgn acoount. The Dutch East Indles issues have been going back to Europe for some time, ‘and today a bid just under Tuesday’s closing price was reported for half_a milifon of the 1947 ma- turity. There are three Dutch East Indies issues listed—a 6 per cent due in 1947, a 6 per cent due in 1962 and a 5% per cent due in 1953. All were firm today. There was also renewed and act speculation in the Serblan 8s with additional gain of a point over Tu day's advance. At today's price of 740 the bonds were up 8% points over the low for the last two weeks. Incidentally today's price equals the high since the bonds were listed on the exchange. Elsewhere in the for- elgn department sales were made around Tuesday's highs, strength in the French and Czechoslovakla bonds being noticeable. Among speculative leade, cay raflroads ‘the were the Erie and the Chi- g0 and Alton issues. AN the libertys sold higher and the high-grade investment issues were firm but dull. With easy money as- sured for considerable period bonds of this grade are pretty firmly held. There was acute weakness and new low quotations in the Virginia-Caro- Iina issues, both the first mortgage 78 and the convertible 7i4s. Chicago rallway 5s and Interborough 6s were also reactionary. REPORT DAIRYMEN | EXTRA PROSPEROUS Most Fortunate of All Farmers, Breeders Declare at Convention. By the Associated Press. CLEVELAND, Ohio, June 6.—The dairy farmer is enjoying greater prosperity than any other agricultur- 1st, in the opinfon of breeders at- tend!ng the thirty-eighth annual con- vention of the Holstein-Friesian As- soclation of America. The first busi- |ness session was held today, with- Frank O. Lowden, former governor of Tllinols, presiding. “Iowa farmers have been in bad shape for four or five years, but the man who {s milking cows has been in better shape than others” W. B. Barney of Des Moines, for twelve years dairy commissioner of state, declared. . H. Mott, secretary of the Kansas Holsteln-Frieslan Association. said that “the dalry farmer is the only one getting by “In Kansas banks are quite willing to loan money to purchase dairy cat- tle” he mald. “The business men of Independence have just agreed to loan farmers money to buy 500 head of dairy cattle.” 'ALLIGATOR LAYS EGGS IN CURIOUS MANNER From the New Orleans Times-Picayune. The female alligator lays a great number of eggs with hard shells, which in size and general appearance resemble hens' eggs. And she lays them in a nest built in a curious manner. Along the bank of a stream is spread a laver of mud and grass, or leaves, and on this is placed a layer of eggs, then another layer of mud and grass about seven or eight Inches in thickness, then another layer of eggs carefully covered, and so on, un- til often thirty or more eggs are de- posited. Although the eggs are hatched by the heat of the sun and the decaying vegetable matter, the mother alli- gator watches the nest carefully. As soon as the young, which are helpless little creatures about eight inches long, are hatched, she leads them to the water and takes care of them as a hen does her brood of chickens. —— CHINESE HAVE QUAINT LEGEND OF THE MOON From the New York Sun. There are no end of fascinating legends concerning the moon, and one of the most interesting is that of the Chinese, who, to account for the presence of the face in the moon, tell a quaint story of hospitality and heroic service. According_to 1t, Sakyamuni, the founder of Buddhism, is sald to have been a hare in one of the early stages of his existence. He lived in friend- liness with a fox and an ape. One day Indra, god of the middle air, the natural and favorite god of Indro- Aryan tribes typifying heroic deeds for noble ends, passed that way and besought hospitality. The fox and ape quickly and easily produced him food, but the hare could find nothing to offer. Rather than be inhoepit- lb‘ the hare cast himself into the fire in order to become food for his it | guest, and as a reward for his sac- We T az% Westinghouse B, & x 7o 1081, 82 % 24 €3 66% 17 90% 81 94 g!% . 46% 431 | easier; DIVIDEND DECLARED. NEW ' YORK,' June 6.—The Royal Dutch -Company has declared a final dividend of 16% per cent, approximately $2.21, on New York shares cables advices said today. This makes a total of 26% per cent for the year, as against 31 per cent in 1921. CALL MONEY EASIER. NEW YORK, June 6.—Call money high,” 4%; low, 4%: ruling 9% |rate, 43; closing bid, 43 ; offered at 47% 16 17% 4% last loan, 4%; call loans against acceptances, 4% time ‘loans, stea collateral, sixty to ninty days, 4%al four to six months, 5; prime co! —— 17i | merctal paper, &. 164 26% | ' Alr mail service. with trips three 9% jtimes a week, is soon to be started be- 27% [tween Warsaw, Poland, and Constanti- aople. ’ rifice’ Indra transported him to the the | WED » (Bales are in $1,000.) unITED STATES BoNDs. Example: I ) l means 101!4’\) les. High. Lib3%s. ... 206 100454 10020 Lib 1st 4%a... 7 98-9 Lib 24 ¢%e. Lib 34 43 Lib 4th 4% US4%s1952. 463 Chinese Gov Ry §8 Christiania 8s French Govt rench Govt M Netherlands Norway 8 Queensland 7s Queensland 6s. .. Rio de Jan 88 1946. 10 Rio de Jan 88 1947. 22 £ao Paulo.City, Seine. Dept of. Ud Kingm 5% Ud Kingm 5%s " Ua Stenm Cosen 63 3 Uruguay 104 Zurich §s 110% 110 MISCELLANEOUS. Am Agr Chem 7%s 20 99 Am Cotton Oil 5s. . 63% Am Smit&R 1st Amer Smelting 6s. Am Sugar Ref 6s. . AmT& Tcv 6 Am T & T cl tr 5 AmT& Tcltr4 Anaconda cv db Anaconda 1st 6s Armour & Co 4%, 98% 62% 90% 100% 102 115 97T% Bklyn Edtson Bklyn Ed gen 5s. . Bush T Bldg 55 '60. Central Leather bs Cerro de Pasco §s. Chile Copper 6s. CinG & E 5%s'62 Commonwth P 6 Con Coal Md 1st Cuban-Am Sug 8s Cuba Cane cv d Det Edison ref Ga. Diamond Mth 7155 Du Pontde N Tis. Duquesne Lt 73%s. Duquesne Light 63 E Cuba Sug 7%s.. Emplire F&G Tis. Fisk Rubber 8s. .. Gen Flec leb5s... Gen Refractes 6s. . Goodrich 6%s Goodyear 8s -t —— Ao whhammoIbmzan® Indiana Steel 5s Int Mer Marine 6s. int Paper 1st 5s A, Int Paper 1st 5s B. Julius Kayser 7s.. Kelly-Spring 8s Lackawa S 6s°50. . Liggett & Myers 7¢ Liggett&Myers &s. Lorillard (P) 58 Manat! Sug 8f 7%s Marland Of1 7% Marland Oil 8s w. Marland O 7%= v. Mexican Petrol 8s. Midvale Steel bs. Montana Power s Morris&Co 1st 4%2 wanaSa vw»qnwvm—smoh—-mzflqn-mvlnm-.su:.::u— N Y Tel 6: N Y Tel 6 . . NYTeld4¥hs...... N Am Edison 6s... N States Pow Northwst B T Otis Steel 7% Otis Steel 88 Pacific Gas & El 63 PacT & T 63°68.... Phila Corof 65 A. . Plerce-Arrow Producers & Rf Public Service 6 Punta Alegr: Sinclair Ol 7 Sin Crude Oil 6% 8in Crude Oil 65 Sin Pipe Line 5s St Oil of Calif 7s. . Steel & Tube 7 Tenn Elec Po Tide Wat Oil 63%s. Tobacco Prod sf 73 Toledo Edn 1st 7s. Union Bag & P 6s. moon, where he is known to denizens | Vi of the cel the Chi- nese old YOUNG PERSIAN WIDOW MUST WEEP BOTTLE FULL From the New York Sua. Among the Jews in Tunis widows are compelled to keep silence and live in complete retirement for sev- eral months after the husband's death. Among other peoples silence is prescribed to widows during a cer- tatn period—three months for a tribe in Kongo, eight months for a certain tribe in Madagascar. In Persia the oung widow must mourn for the Rusband until 'a small bottle has been filled with her tears. -CLOSING SUGAR PRICES. NEW YORK, June 6.—Sugar fu- tures closed steady; approximate sales, 20,000 tons. July, 6.37; Sep- tember, 6.46; December, 5.89; March, 4.57. tlal kingdom in the moon. NEW YORK EGG PRICES. NEW YORK, June 6.—Eggs irregu- lar; receipts, 40,164 cases: fresh gath- ered extra firsts, 25 ; do., firsts, 24a25; seconds, 23a2314; nearby hennery whites, locally. selected extras, 36a38. PARIS MARKET SPOTTY. PARIS, June 6.—Prices moved ir- regularly on the bourse today. Three per cent rentes, 57 francs 45 ce es. Exchange on Londdh, 71 francs IO unllma;. Five per cent loan, 74 francs 80 centimes. The doll was quoted at 15 francs 453 centimes. W West Ualon 6% Wickwire Spen wilson & Co 1st 6; Wilson&C cv 7% Wilson & Cocvés. 3 91 Winchester AT%s 1 105 105 —_— Signs of Good Times. From the Nation's Business. These were the recorded conditions in this country in March of this year: Cotton consumption—the largest ever recorded. Pig iron production—the ever recorded. Steel ingot production—the largest ever recorded. Locomotive shipments—the jargest ever known. Unfilled orders for locomotives—the largest ever known. Zino production—the largest ever know: Bllumllm\ll coal twice excee Anthracite once exceeded. Retail sales in 10-cent stores—the largest ever known. ul -ordar sales—the largest ever kn Clr " loadings—the highest known at this time of year. Automobile and truck production, 346,000—far the greatest ever placed. Resldential construction—the larg- est ever known. —_— There is always a brighter side. The man who' eats soup that way might be cracking his knuckles if he bad no other occupation. 105 largest production—only coal production—only ever RAILROADS. ‘Bales. High. Ann Arbor 48 Atchison gen 4 Atchison adj ¢s AtlanticC L 1at Bklyn RT 7s°21... BkI'RT 7331 ct. Bkl RT 721 ct st. Buff R&PItt 4%s. . Canadian North 78 Canad North 6% Canad Pac deb 4 Chi & E 1l gn 88 Chi Great West 4a. C M & Puget Sd 45. Chi M&St P o Chi M&St P s '2| Chi M&S P cv Il‘l CM&StPgn 4%s ChiaNWTs Chi Un Sta 6348 Chi & W Ind cn 43. CCC&StLrf6sA.. Cleve Term 5%s. Colo & Sou 4% Cuba R R 6 Del & Hd 1strf4s. 1 Del & Hudson 5%3 Den&Rlo G con 4s. D&RG Istrtbs Det United 4% FErie 1st con 4s.. Erle con ext 7s Erfe gen 4s. Gr North gen 515 Havana ERL&P 5y Hud & Man ref §s. Hud & Man af 5s. [l Central ref 4s.. 111 Central 5%s. .. Int Rap Pran b Int R Transit 7; Int & G Nor aj 8s Towa Central rt Towa Cent 1st 5s Kan City Ft S 4s Kansas City 8 Lehigh Valley 6s.. Long Island rf 4s.. Northern Pac 3s \orthern Pac 4 Northrn Pe 5s ret. Ore & Calif 1st 5. O Short L cn 58 '46. Cre Short L re: Ore-Wash 1st rf 30 Pennsyl 6%s Penngyl gold Pennsyl con 4 Pere Mrq 1st 4356 Rapid Tran 6s w1i.. Reading gen %sD.. StL&SFadjés.. StLSW lstds StP & KCShLAls. San A& ArnPds.. Seab’d A Lref 4 Seab'd A L adj 5 Seab'd A L con Sou Pacific ev 42 2 Sou Southern Ry 1st Southern Ry gn Virginia Ry 1st bs. 12 ‘Wabash 1st 6s 39 ‘Wabash 2d 5 ‘Western Md Western Paclfl ‘Wisconsin Cent TOTAL SALES ( 11a.m.. 2996000 12noon. 6078000 lp.m.. 7078000 2p.m.. 8511000 SEEKS BOND ISSUE. The Tennessee, Alabama and Georgia rallroad asked the Interstate Com- merce Commission today to approve the issue and sale by it of $1,200,000 in first mortgage bonds and $500,000 in new common stock, most of which the road plans to expend in construct- ing its new line from Gadsden to Odenville, both in Alabama. A pi of “the. funds, however, about $3.000 per mile, would be spent on its pres- ent steam line from Chattancoga to Gadsden, in laying heavier rail, bal- lasting and strengthening bridges. TODAY'S METAL MARKET. NEW YORK, June 6.—Copper quiet, electrolytic spot and futures 15. Tin steady, spot and nearby, 42.00; fu- tures 41.87. Iron steady; No. 1 north- ern, 29.00a31.00. Lead 'steady, spot, 7.28a7.37. Zinc quiet, East St. Louis spot and nearby, 6.3524.40. Antimony, spot, 6.8526.95. e FOREIGN EXCHANGE. By the Assoclated Pre: NEW YORK, June 6.—Foreign ex- changes irregular. Quotations (in United States dolll.rs) Great Bfl[un Sweden, demand, .3660; Denmark, mand, .1824; Switzerland, demand, J8033 ‘Spain, demand, .1513; Greece, demand, .0372; ~ Poland, demand. .000018; Czechosiovakia, demand, .0299 Argentina, demand, .3637; Braszil, de- mand, .1030; Montreal, .97 15-16. s TREASURY CERTIFICATES. (Quotattons furnished by Redmond & Co.) :ln‘el 15. xul s Septem 4Ks Maren o 1o, 41 December 15, | | rt | slow; FINANCIAL.’ Grain, Produce and)| Live Stock WHOLESALE MARXET REPORT. Eggs—Strictly fresh, selected, can- gétd per dozen, 27a28; average malb'-l southern, 25. Live poultry—Roosters, per Ib., 14; turkeys, per 1b., 25; spring chickens, per Ib. 36ais: keats, youns, each, 65; fowls, per I Eoressed ultry — Fresh spring chickebs, por 50260; o ock—Calves, 9;, medium. _per Ib. 6a7. spring, ‘per Ib. mbs, live pigs, :oo-s 0 each: live hogs, per Green fruits—Apples, per bbl., 4.00a 8.50. Cullornll onn:a-, per crate, Florida, 5.50a7.00. Lemons, X, 4.5085.50. Grapefruit, 3.76a £%. Strawberries, per qt. FLZ% Vln:;(ublol—l’okn patatoss, ‘Florian. . per . bbi South ' Carolina, " per, bbl., 4 weet potatoes, North Caro- lina, 2.00a3.60; “nearby, 1.00a2.8s, Le tuce, “per crate, southern, Romaine lettuce, per crate, Iceberg lettuce, per crate, 6. 3 bbage, southern, 1.00al.26 per basket. Eggplant, per crate, 2.00a3.560. Toma- toes, per box, Florida, 1.50a5.50. Beans, 3.0044.00 per basket. Peas, 50az.50 per basket. Peppers, per crate. Flor- ida, 1.0024.00. Kale, per barrel, 1.00a 150. Spinach, per barrel, 1.00a1.50. Celery, per crate, Florida, 3.0026.00. Squash, 2.0023.00. 'Florida lima beans, 400a7.00 per basket. Asparagus. 1.00a GRAIN AND PROVISIONS. o BALTIMORE, Md., June 6 (Special). —Potatoes, new, barrel, 3.00a5.50; old, 100 pounds, 75a1.76; 150 pounds, 1.25 sweets and yams, barrel, 2.50a 85 bushel, 76a1.00; asparagus, doz- en, 1.50a4.00; beans, basket, 1.00a4.00; beets. 100, 4.00a7.00; cabbage. crate, 50a1.75; carrots, 100, 3.00a6.00; corn, crate, 2.00a3.00; cucumbers, basket, 4.00a4.50; eggplants, crate, 2.50a4.00: kale, bushel, 35a40; lettuce, basket, 75 a1.25; onions, 100 pounds, 2.00a4.00; spring onions, 100, 1.25a1.50; peas, bushel, 1.25; peppers, crate, 2.50a4.00; radishes, 100, 1.50a2.50; rhubarb, 100, 2.00a4.00; _spinach, bushel, 30a60 m:unuh 1.50a2.50; tomatoes, crate, 2. 50 24.50. Apples—Packed, barrel, 4.00a6.50; bushel, 1.50a2.25; box apples, 3.50; cantaloupes, crate, 3.00a5. cherries, pound, 10a15; box, 2.00a3.25; oranges, box. crate, 3.25a4. 5a13; pineapples, berries, quart, carload, 3.00a7.00. Selling Prices at 12:15. ‘Wheat—No. 1 red winter, spot, no quotation: No. 2 red winter, spot, No. 3 red winter, spot, no quo- No. 2 red winter, garlicky, 119%; 3 red winter, garlicky, spot, no quotations; May, 119%. Sales—None. Corn—Cob corn, new, 4.75 per bar- contract, spot, 92% per bushel; No. 2 corn, 94%; No. 4, no quota- tions; track corn, yellow, No. 3 or better, 95% per bushel. Sales—None. Oate—White, No. 2, 53a33ly per bushel; No. 3, 523 per bushel. Rye—Nearby, 75a80 per bushel; No. Z western export, spot, 79 per bushel; N 2, no quotations. Hay—Receipts, 48 tons; ample re- ceipts for all trade wants, from 18.00 a22.00 per ton. St 1 tangled rye, 15.00a 1 wheat, 12.50a13.00; No. 1 onl nnmlnnl. 14.00a15.00. DAIRY PRODUCTS. BALTIMORE, Md., June 6 (Special). —Poultry—Live spring chickens, pound, 45a65; small and leghorns, 36 a30; young stags, 25; old hens, 25a2 leghorns, 23a24; old roosters, 15al ducks, 18a25; spring ducks, 28a30; plgeons, pair, 40. Eggs—Loss off, native and nearby firsts, dozen, 24a25; southern, 23a24. Butter—Creamery, good to fancy, pound, 37a4l; prints, 41a43; nearby creamery, 35a38; ladles, 34a35; rolls, 30a32; store packed, 30; dairy prints, PEEN TODAY’S CHICAGO PRICES. CHICAGO, June 6.—Although at the opening today the wheat market showed sympathy with an upturn in Liverpool quotations, a decline soon took place here. Reports of favorable domestic crop conditions had a bear- ish effect, and there was no aggres- sive buying. The majority of pur- chasery appeared to be disposed to take ownership on price setbacks only. The start, which varied from unchanged figures to a half cent higher, with July 1.09% to 1.09%, and September 1.09% to 1.09%, was fol- lowed by a decline all around to well below yesterday's finish. Corn ‘and oats were relatively firm, owing largely to eastern buying of July corn. After opening at % off to % up, July, 82% to 821, 1.22; tations rel; SHRINERS VIST§NG DISTRICT BANKERS Hundreds of Social Downtown Sectiol Business Transact alls in ittle Owing to the various Shphne dem- onstrations during the pagt two days. local banking activities, 4specially in the downtown section nh\:he city. have been practically at a sgandstill. Little or no business was trdnsacted yesterday during the mammdth pa- rade of the visiting nobles and few were the clerks today who could set thelr minds on serious problems when band after band passed their windows dispensing such numbzr‘n as Shrine musicians can. A score or more of RIggs' \ ployes had just re-entered thie morning, when the firs| accident occurred directly inl that institution. Two ele working on the movable scd fixing the big display ban: stretches across the entrance Garden of Allah at the corner' of 15th street and Pennsylvania avegue, were hurtled to ‘the ground from their high perch by a truck strlklng the base of the repair structure. fone of the men was killed. A large §rowd gath- ered at the Intersection ard for more than a half hour traffic was] Jammed. Many bankers and brokers are among the visiting Noblles, and throughout the morning fezitop call- ers were making the roundls of the various banking and brokerage houses renewing old acquaintances ajid mak- ing new ones. Says Public Controls ®utities. Co-operation of public, service util- ities in rendering bettey service at the lowest possible rates to consum- ers was urged by spealkers at the forty-sixth annual conventlion of the National Electric Light MAgsociation in New York “Our industry is controlled by pub- lic opinion,” declared Robe say. president of the Clevela tric Illuminating Company, unable to attend, 1 = papey W. W. Freeman, prosident Unton Gas and Electrical Co Cincinnati, Ohio _ Washington Stock Exchange ALES. Wardman Park Horet rfnw\ at $1.000 at 100, $1.000 at 100, $3.000 Pitol Traction Come10 at §14. 993,10 at 99, 10 at o9 10} ai * Waddington G 50, Light—3 at 30%. 3 60wt G 40t b 50. mmercial National Bank—10 Q: at 142, pany of AFTER mu. 10 at 230%. 282, 2,20 at Tiges "National Bank-12 ot 85, Washington Rwy. & Elec. pfd.—b 10 40 at 75 10 at 2303;. 20 ¢ at 635, t 72 Mont!—Clll loans, 5 and € rfl cent. BONDS. Bid and Asked Prices. PUBLIC ["rlLlrl‘Y. American Tel & Telga. Am. Tel. & Tel. ctl Metropolitan R. R. 5 Washington Ti Washington Rwy. & i Wash. Rwy. & Elec. ~ MISC D. C. Paper Mfg Riggs Realty 58 (lou g3 Realty 5s (sh Securty Storage & Saf ¢ Wash. Mkt. Cold Storsze Wardman Park Hotel 6s. STOCKS. PUBLIC CTILITY. the corn | %, market scored a moderate general|w advance and then underwent some- thing of a sag. Oats started unchanged to % lower, July, 40% to 41%. Later the market showed #sight gains all around. The provision market reflected the strength of corn, notwithstanding lower quotations on hogs. High. Close. 8%, T8 11.35 1155 9.2 9.52 .25 11.27 11.25 . 1150 11.00 11.47 . 2.85 9.35 9.32 g::;’tmhr 9.57 9.57 9. CHICAGO LIVE STOCK MARKET. CHICAGO, June 6 (United States De- rtment of Agriculture).—Hogs— eceipts, 27,000 head; mostly § to 10 lower; top, 1 25; bulk 160 to 240 pound averages, 7.16a7.25: 260 to 325 pound butchers, 6.85a7.10; packing sows, mostly 6.00a6.25; desirable pigs, 5.50a 6.26 . hel\)wel‘h! hogs, 6.75a7.10; medlum, 7.00a7. light, 6.90a7.25; light light, sson 15;_packing sows. smooth, 6.1 r cking e 5 13a016 kimbag " Digs. 6.35. Cattle—Receipts. 12,000 head; very killing quality rather plain; beef ‘steers and yearlings weak to 25 lower; in-between grades showing most dechne; early top matured tew sales, 9.00a10.50: sows, grades canners, Citters and bulls slow: weak; seventy head choice beef .65; light vealers tondlnz olher about steady; bulk 50; few, 10.00; upwam iders. Sheep—Receipts, 7,000 head; active; steady to strong; several decks native springs, 16.25; sorted light: best. 16.50; cull around, 11.00; good old crop ‘lambs, 14.00; medium to good Calitornia yearlings, 9.00 and 10.00. L. & N. USING MILLIONS ON DOUBLE TRACKING Plans Being Pushed on Link to Form New Line for Carry- ing Coal. Special Dispatch to The Star. CHATTANOOGA, Tenn.. June 6.— The Louisville & Nashville Railway now is engaged in spending several million dollars on the double track- ing of its li:es in certain sections. This mova is being made in order to facilitate movcment of heavy coal shipments from eastern Kentucky flelds .to Atlantic ports in connec- tion with the Carolina, Clinchfield & Ohio road which it has just leased for 999 years. Th’;'bouluvllla & Nashville has just lower: 5.50a D. completed -negotiations for the lease of ‘l’hn Interstate Raflroad which forms the connecting link between the Louisville & Nashville and the Carolina, Clinchfield & Oklo. The ac- uisition of these lines places tre alters systems among the big east and west coal roads ordth: country. Henry Ford was reported at one time to he’ln the market for the Carolina, Clinchfield & Ohio. Capital .. Columbia Commercial District . Farmers & Mechanic Federal-American 1o u 3 111% { Riges - 82% | XS000ai Bank of Washington. TRUST COMP. American Security and Trust. Continental Trust.. Merchants Tank. National Savings & Tr Trust. Commerce and Savin, East _Washington. Security Savings Beventh _Stree United State Washington Mechanict American Fire: . Ktional Unios: TITLE INSURANCE. " Columbia_Titl Real Estate Title.. . MISCELLANEOUS, Columbia Graphophooe com. Graphophone ptd 0ld Dy a: Ol Dutch, Market pfd. Monotype. LEE TIRE TO ABSOBB REPUBLIC RUBBER CO. Special Dispatch to The Star. CONSHOHOCKEN, Pa. Jyne 6.— Purchase of the Republicy Rubber Corporation by the Lee Tire and Rubber Corporation, negotiations for which have been under way for some time, has been agreed to by the di- rectors of both comipanies, it was learned today. A meeting of the di- rectors of the Lee company was held here yesterday, at which the pur- chase was discussed.\ Plans for financing the purchase hjve not been announced. SEES RECORD TRAFFIC. Burlington Official Note§ Rush of Tourists to Coler: Speeial Dispatch to The Star. CHICAGO, June 6.—H. passenger traffic manag: Chicago, Burlington an rallroad, sald today that he) expected more than half a million tRurists to tional parks this summer. ¢ * this estimate,” hel added;, present amount- of {ravel, which has been so heavy that\we have had to establish an additiopal sleeping cur service between Chjcago and Den- The ruby is the hgaviest of the precious stones. Next tome the gar- net, topaz and diamond| In the-. omu named. ¢