Evening Star Newspaper, January 27, 1924, Page 31

LINANCIA L. THE SUNDAY STAR, WASHINGTON, D. C., JANUARY 27, 1924—PART 1. FINANCIAEL. 31 e ——— N“fiflfimm SIS “NEW YORK STOCK EXCHANGE || 20\ SUMIARY For Tz WEEk iy Moy TS afl-s 99-29 93~6 T.... 9916 99-7 99-8 355 98-5 Liberty 2d 45 1927-42... 99-7 99.2 99-7 406 s D Week ending January 26, 1924. Net. 1083— Week ending Junuary 26 194, Net. doir fa8 Liberty 1st 43(s 1932-47, 99-17 89-5 99-11 429 N . h High. Low. Oloss, Ohge. | Higl . Baf High. Low. Ohge. 98-4 Liberty 2d 41s 1927-42. 9 99-2 99-11 429 = 364 37 81 99-8 99-28 100 425 3 Advance Rumely pf. 6T 4 AtrRedudion. ", . 98-8 99.5 99-12 430 6 —— Alex Biapie W o %~ % 908 Treasiry 4o 1047525 100-4 100 1005 425 Allied Chemical & Dye. 4 Allls-Chalmers Mfg. | —— Am Agriculture Chemical. ; e — Am Agriculture Chem pf.. 6% & 14% —— Loa Rubber & Tire 10 American Bank Note. 1 [N 61 3% Lehikh Valley. T American Beet Sugar. ... 684 4 Lima Locomotive o imiom A8 104 i —— American Bosch Magneto. i 16% 2 Loew's, Incorporated. s 1934, 5 7 . 5 Am BrakeS& Foundry... 81% T —— Lott, Incorporated. 2 el e Tax Reductions. 61 AmCrICRRCAN. .. c.ce.ers 1 i 6214 56% — Loose-Wiles Blacult. %< —————— 1 4 ! 995 89 a 12 American Car & Foundry. y R - . s i 0".5 IN LATE A =— American Chicle . i % i 80! 4 . © 4 - DVANCE| 1 —— American Cotton Oil étfs. . . . + U ‘ Melntyre Por 4 o Ohile g5 1946 > 4 103 OUTLOOK IS BRIGHTER s i 7 —— Amer Cotton Ofl pf ctfs..... 37 sl 4 6 Mack Truck : 4 105 Chile 5o 1841 ¢ — Am Drugglst Syndicate — Macy (R H) e - : : Pennsylvania Railroad Furnishes!143% : 6 Amorioiares a9 y T Magina Copper- 413% Chinese Govt Ry o 1951 |Much Investment Buging—Steel S % —— American Hide & L Mallinson & Co. . 88 Copenhagen 518 1944 . 3 - g—Stee] aturday Surprise—Motors and % —— Am Hide & Leather pt ‘ 94 Caechoslovakia 8s 1951 5 Dividend Speculation—Drop ; Ohenticl, Attashed : 7 American Ice.. 107 Denmark g5 1945. 08 ‘ —Drop in emicals Attached. : 4 — Americ rnatio enmark 6s : 514 U i T AmaFIire Engine 94% Dutch East Indies ; Passenger Traffic. T —— American Linseed. 94% Dutoh E NEW YORK, J Yy Z6.—Stock | 29 —— American Linseed p! 84% Framerican Ind Dev 7%s 1 BY GEORGE T. HU prites moved up vigorously at the 1 ‘ 5 6 Am Locomotive (new) : gg’v‘. ]I:renc: (G;ov: ;:’u:g; g i * T. HUGH . opening o " . 94 117% 7 American Locomotive pf. . rench Govt 7%s Special Dispatch to The tar. R sy Ut i ” 3 American Metal. ..... 78% Holland-American s £ 68 3 8 %! NEW YORK, January 26.—The clos ] Soies st af Inser 6 - 4 American Radlator 934 Japanese 1st 438 1925. 5 L OF the Week ® close 4 50c Amerlcan Satety Razor. 91% Japanese 2d 43s 1925. i o renewal of bear selling in several 2 —— Am Ship & Commerce. 79% Japanese 4s 1931. i 8 quietly to tha 76 Jergens Utd Margarine b3 194 jfuture of prices for securities botn 955, ; investment and spec 724 Marsellles 65 1334 4% 5 T4 75 | Those who 43 Mexico 5s 1954. Bl s it S 26% Mexico 45 1954 e it 93% Netherlands 6s 1972.... . 94 94k y The strength 111% Norway 8s 1940..... Y in inv and the advancs ‘gz% gnrls lim"f m]des‘. 1958 3 6l . .87 |in speculative stocks combine to forw ueensland 7s 4 an a n 2 99% Queensland 6s 1947 9% 100 pevent o Mo Kan & Texas new 87% Rio de Janeliro 8s 1946 i~ . Mo Kan & Texas pf new... 98 Sao Paulo, State of, 8s 1936 9wle 98% | tions to Missourl Pacific i Selne, Dept of. Ts.. 9~ T9% ; exceptions w g i —— Am Writing Paper pf. Mtssourl Pacific p weden 69 1939..... 1043 |on some gro ted ruit crossed | 19! —— American Zinc Lead 9 Montana Power. wiss Confed <t quotation since | 58 45, 20— American Zine L& S pt. : : Montgomery W : - 116 9 g zdor : Anaconda Copper. + . #8% Moon Motora. 260 2 - o 9915 98% United Kingdom 513 193 : 99% | Arnold Constable & C { spleuous 5 Asso Dry Gonds... points higher, a 291y 2 135, 150 Assoclated Oil (new 3 1 4 % 6 Atchison, Topeka & S L. S, Steel Heavily Bought. : 7 ::f;‘";‘;‘t”z";“'l&L?,}:‘p' United States Steel was heavily| 34 9% 3% —— Atlantic Gulf & WI. Lought in anticipation of good {2 R 4 — Atlantic Gulg & W I p! carningds sta nd favorable 4 Jtenth Rufining. dividend action next Tuesday, touch- % 1 —— "Austin Nichols. 15 1047%, the highest prics since Iast | 8915 7 S6 7 Austin Nichols pf. Tut ting most of Its 6% 55 3 Auto Knit Hoslery 7 Baldwin Locomotive hlehem Ste « 1% higher, 5 g:fl:&:%gfla the other independents showing little 6 ; —— Barnsdall, Class B. <hange on the day —— Bayuk Bros. . bullish demonstration was ce ; 4 2 40 Beechnut Packing. d in some . ) 5 Bethlehem Steel. e the vl : ¢ 5 7 Bethlehem Steel pf new. : 6 —— Booth Fisherles. ..... cach closing = ints r. 11 b 8 Brooklyn Edison Electric selling broke cut Ame —— Brooklyn-Man Tran tr ct{s S ooues on pubile o s i 4 56 —— BrookIn-Man Tr pf tr ctfs. ington dispatches forecasting — the s 125 8 Brooklyn Union Gas. 1 cancellation of the company's lease 78 10 Burns Bros on the naval oil reserves in Cali- 4 2 2 Burns Bros Class — - Prev. week's FOREIGN., Cl High. Low. Tast. 102% 101 Argentine 7s 1927..... o1 mx{a‘ Tovi 1o | Stocks and Bonds Also Go 99 96% Belglum 7%s 194G 98 98 98u A ;. 33 | Hioher on Prospects of AR T Market St Rallway pf. Marland Oil & Refining. Marlin-Rockwell Martin-Parry. . Mathieson Alkalf Maxwell Motor, vals, by heavy profit ta ds the financlal com- sections of the list. At the close the {1000 g g 5 American Smelting & Rat. 7 AmSmelt & Refining pf. i14 American Snuff ¢ 9 57 3 American Steel Foundry \..m and less than five points below 5 4 —— American Sugar Refining : Met Edison ptf. the peak of the preceding month 1 g 991, 961 7 Am Sugar Refining pf. 9 Mexican Seaboard. High priced specialti e amat i — Am Sumatra Tobacco. Mexican Seaboard ctfs. . coin were again T Miami Copper. . the center of speculative Middle States O] Miavale Steel Ihdt 4+ i ++4+0 1+ 9 Am Telephone & Teleg. . 9 12 American Tobacco. SornHirodusty, EHIEN Tias: ¢5ts 5 5 12 Am Tobacco Class B. i record high nearly every day 4 —— Am Water Works & Elec.. other new top at | 100 6 7 American Woolen. 5 1 7 American Woolen pf Wall street min Plttdddttt+ (b1 44+ 1441440 e « a net Sl A+ + 1 broke to 195 for i net INDUSTRIAL AND MISCELLANE! 97 Amer Agri Chemical 7lys 1941. 100 100'3 | strength 92 Amer Smelt & Ref Ist 5s 1947.. 927y 93 9214 928 heen more 101 Amer Sugar Refining 63 193 2% 101% 102% 97% Amer Tel & Tel cl tr bs 1345 92% Amer Tel & Tel cl tr 4s 1923.. ¢ : There has been 83% Armour & Co 4%s 1939.. b S 967 Atlantic Refining deb Gs 1937 buying of Tnited States governme:d 975 Bell Tel (Pa) ref 6s 1948... issues carrying four of the libertia 89 Bethlehem Steel p m 6s 1936... to new high records for the yem 97 Bethlehem Steal s £ 68 1943. and to higher points than were reuchs ed In all of 1923. At the same tinA there has been a“slow. but steads o in_the better railroad and ‘ industrial obligations. It e B AR A R b Tigre Miarked an Rds ot on Cuba Cane Sug cv deb 8s 193 2 In explanation. N ’ Detroit Edison ret 6s 1940. 5 buying t New York Chf & StLpf. .. i % Du Pont de Nem 7%s 1931 g the prospect —— New York Dock. 2 34, 2 L 5 881, 93% 90% Empire Fuel & Gas 7%s 183 g 9 2% | the other the Ney York Dock pf. 3 2 o« 10a o ral Electric deb 55 19 2 4 that the 4 & a6ty 9 rich (B F) 6l:s 1947.. 9% 99% 99 99 . nt. The t : Norfolk & Western ! 6 9 3 oudvear Tire 8s 1921...... 14 108 2 t o involved polities 1o North Amerlcan. L 24 2 3 7 Goodvear Tire $s 1941... ... 6% 116% | make it in what will La North American pf. 99 @ g Humble Oil & Ri g E nal outcome. The money out Northern Pacific. 5 9 7 Indtana Steel » % , on the other hand, is plain. 135 Orpheum Circult 8 - 79% Inter Mer Marine 6s 1941 4 % 8 Deeds only @ casual examination of a 8 OtisElevator B Inter Paper 5s B 194 & a H‘n”:‘l'";'(“;’ el weekly banic fornia as a result of disclosures be- | 11y 5 5 B0c Butte Copper & Zine Steel..... Kelly-Springfleld 8s 19 Teservo ratio this weeh equals the fore the Senato commitive, the net — Butte & Superlor... —— Otis Steel pf Lackawanna Steel 58 19 W | RiZh Doint of 1025 and. cxcent tor ot S (ROLhEstockibeing Jaliont —— Butterick COmMpPANy ...« «-- 4 - 2 4 83 Owens Bottle Liggett & Myers 5s 1971 4 R STR cle0 8 whieh wes Tt th o g for the decline again —— CaddoCentO & R. ‘3 16 —— Pacific Coast Manati Sugar 8 £ Tis 1042.. ks ending August 9, a vear ago, it is ot ecline amiin S @ Californta Packing § Pacific Gac & E! Midvale Steel 58 1936 i E ¢ , | the_record high since the spring of sharcs, which have proved vuiner- 7 « 24% 1% California Petrolm (new). % pacificMall s 13es ° Celuoldent with ¢hisirlioiin: ¢ uble 10 sulling pressure. . 1oseor of 7' California Petroleum pf Pacific O1l. Jork Ldison lat 619 ratio of reserves outstanding n 10 1% points were recorded by . an L RN P &R 120 Packard Motor Car. . 9 circulation has fallen off sharply. S ltural Chemical pre-| 66 A3 B Calumistl AHna . & Pan-American Pet Trans.. 63-. plus funds must go somewhere roling. S Orenneg ; e o 8 Pan-Am P Trans Class B 90% 3 they have been going into inves rland preferred “ —— Central Leather Co ——— Parish & Bingham. . 3 4 96 ' 4 North American Ed 6 93 9 ment bonds. Studebaker, | 5 e CeaUAITenth o Ot 3 Pennsylvania Rallroad. 3 2! & Pacific Gas & Elec 92y, 934 Opposing Forces at Work. Chemical 2 3 T Gentury Ribbon Mills —— Penn Seaboard Steel 3 Pacific Tel & Tel 58 1952 24, %{ A far as tax-exempt securities are 5 4 CerrodePatcoCopper E 7 People’s Gas. Chicago 9 Philadelphia Co_ref oncerned, o are opposing in our” Up 4 Points, ¥ —— Certaln-Teed Products ¢ 4 Pere Marquette. . Public S &5 2 2 823§ ences at work. On the one hand, and activity of Pennayi- % 6 Chandler Motor 5 DPere Marquette pf.. Sinclair Ofl 7s 1937. ‘ substantial reduction in the hf on, Wt o & P s - 4 4 Philadelphia Company Sinclair Crude Oil 5izs 1825. i @ 7% 9T | surts these bonds less moves within narrow. lmits e o b S . 4 —— Phila & Reading C & 1(w1). outh Porto Rico Sugar 7s attractive, but, on the other hand the railroad sroup. I 3 . 1 5 . 50c Philip Morris & Co 5 Union Bag & Paper 6s D. 978, o there should be a restriction put up: points to 461, % 2 5% 2 24 ~ 3 9% i 2" Phillips Petroleum TUnited Drug cyv §s 1941, 2 2 ce of tax-exempt oi- elow that figure, —— Pierce-Arrow.. TS Rubper 1at & r»( o3 194 $ |1 appareitly being influenced —— Plerce-Arrow pf. 7'S Rubber -nt that its leas 8 Plerce-Arrow prior pt < 3 v and Ba - Obio far thy mos orbc ]l 3 Chi, Milwaukee & St Paul. — Elercoutt would not ba Chi, Milwaukee & St P pf. \Bired Docause ‘4 Chlc-:u&‘Nane;lern. g ::::::u::g (q.g“.v i 2 —— Chicago, R1& Pacific. 6 urgh € iy 5 7 ChiRI& Pacific 7% 7 Pittsburgh Steel pf : and Huadson | 7 9 -~ Chicago.StP,M&O. 3 8 — Pittsburgh & W Vi railvay was | o 2% Chile Copper. z 62 52 Pressed SteetCa at 41% for a e 71 —— Chino Copper. 5 ne_!‘ g(;, h of % Cluett-Beavody mu an Producers & Refine rading in the foveign exchanges n Coca-Cola.... Pullman Co Balto & Ohio pr In 3%s 1925 745 9 5 S e e K e o e Colorado Fuei & Tron 41T e 3,, Bunta Alegro Sugar. [ Balto & Ohlo gold 43 1343 88 | 1orred stocks. Here tho fustors huve : N € ‘olorado Southern % . 2 % Balto & Ohio 6s 192! 5 : ol Sty utte0 Columbia Gas (new). 8 Railway Steel Springs 5 Baito & Ohio cv 4% & 4 8 e (rade outiook and. the s < 4 z Columbia Carbon.. —— Ray Consolidated Copper. Balto & Ohio ref os 18 E 3 attitude of corporation fluctuations. b 5 4 Commercial Solvents, B. Reading. . B&OPItsLE & W Va [ 1 ors in the matter of dividend- G Comput Tab Record. Reading 15t pf. B & O Southwn aiv 1 97% | In this connection Wall street awaits Congoleum Company Reading 2d pf.. Canadian Northern €'zs 2 2 2 1 with deep interest t tion of t house state- 3% s Y Consolldated Cigar i —— Remington Typewriter. a'e.l Steel board on Tuess i in most of : Consolidated Cigar pf. —— Replogle Steel. . . ’“1" be remembered th 2 M"an SR, 3 i Consolidated Gas new. 4 —— Republic Iron & Steel. Chesapeake & Ohio cv y 9 a 4 ‘-'e"‘: o pecsiock K 9 Sna Inyeehuents i 6 8 6 Consolidated Textile 7 Republic Ir & Steel pf. % Chesapeake & Ohio cv 4145 1930 8 0% | he as the d i elof mem- 53% 4 Continental Can.... 2 Reynolds Spring. . al _reserve Chesapeake & Ohio gn 4%s19 4 85 perianRext W dlvisend) of 02,000, and et domand 92 6 Continental Insurance 3 Reynolds Tcbacco, B Chicago & Alton Is 1949 ... ) Corporation. All sorts of guesses 000, Cash in | J 5 8 7% — Continental Motors L ’ e Chicago & Alton 3%s 1950, ine nx\ d§1,693,000 6035 152% 19 Corn Products Ref. Chi B & Quincy 1st ref 5s . ) ‘rluknnl! Nekrecats| s 31% —— Corn Products (new) ChiTs & Quiney 1st et 5s 1371, . R 92,096,000, leaving | 621 ’ i 84% —— Cosden Company. ; Chi Great Western 4s 1959 5 gt St i defielt in® re serve of $16.524.660, a | 5414 65 4 CrucibleSteel.. Chi M & St Paul ref 41 2014 th Rl ..y"?p',;"s,‘.:\e,;vum‘.; decrease of 900 helow the |. g7a, 33 3 Cuban-American Sugar. Chi M & St Paul cv 1A me there are wlo week before, which showed an excess | 50 14% — Cuba Cane Sugar.. ‘e of more than $15.000,000, B 9% —— Cuba Cane Sugar pf. Chi M & St Paul cv 4% : z fess fo belleve that clther tha Cabor DAl e s Chi M & St Paul gen 4%:s 9 79 | 1l be put upon a straight 5 124 3 3 —— Cuban-Dominican Sugar. ~— Cuba-Dom Sugar pf. Chi & Notthwestorn Glas . 0 asis o that the extru w cago Railway Bt 7 as much as half per cent or even 4 Cuyamel Frult... 4 Chi R I & Pacific ref 43 bes re. There ‘s no doubt of the ablg —— Davison Chemical. 9 Delaware & Hudson. Chi Union Station 4%s 1964..... 90 904 | Steel Corporation to pi® f‘hl & Western Ind con 4s 195 Sl = a dividend within reason " "\‘;“';‘:_“";‘ : 6 Delaware. Lacka & West.. 9 : 3 4 8 Detrojt Edison. 1 ©CC & StL ret s A 162 t ot €ll_Known policy of tha Cleveland Term 7 4 10 ; management has been tu err on tha ailing, butcentered - stock. Wharf receipts 2 Dome Mines. . %s 193 851; | side_of moderation in the matter of S 8 Solopone Sou”“m Sl 3 dends. 1t has not cscaped notics mostiy of common to ordinary. eatiis 8 8 Du Pont de Nemour: uds Itlids ot eSckped wotis and pr generally are a shade 7 Dugquesne Light 1st p! week, speaking of the plans for wer tha the stock vards. Qu £ 98, 45% Eastman Kodak... 4y at Light strest whart h 2 60 Eaton Axle & Spying. . on the day. General | A+t 8 . National Lead. 8 National Supply. 44 | I+ Ut L+ 144444444 R b Fll et ¥ a ~rrv'>lsnc positic 0 one proposes to take ho “arolina Chem s 9 3 3! 1 5 prop it 1;&‘:&%"“,;\ rolina ¢ h:—m Tizs ‘2 var. 3 5 h y been issued. As L § the Treasury puts Wilson & ¢ 1941.... 7 a1 § rould amount to confisca- Wilson & ¢ i | tnvestme £ this week, ho R“““"“’ has not been confined to bor Atchison 1% ; Theré has b avy absorption « Atlantic Coa the high-grade common stocks ar L S I U T A TR T R Decreaxe In Reserve. P Ty items, P4 | b4 g - FRREE FES St Joseph L. an Francisco. an Fran pt. —— St Louls Southwester: 5 StLouls Southwestern —— Santa Cecilla Sugar. —— Savage Arms. —— Schulte Stores... Seaboard Alr Line pf. Sears-Roebuck % —— Seneca Copper. 206 Shell Trad & Transport. 1 Shell UnionOfl... 2 6 Shell Unlon Oll pt. 1 SimmonsCo.... ~—— Simms Petroleum 2 Sinclair ConOIll.. 8 Sinclalr Con Ofl pt. —— Skelly Ofl....... —— Sloss-SheMeld Stl & Iron.. —— South Porto Rico Suga 6 Southern Pacific. —— Southern Rallway. G Southern Rallway pf —— Spirar Manufacturing. 2 Stan-ard Ol of California. 1 StauiardOflofNJ.. 7 Standard Oll of NJ pf. +5% Sterling Products. . 4 00 10 Stewart Warner Speed 19% Stromberg Carb. 8% Kt AT RS Ry B e Fe2 neion’ of the board “always to trong in cash and cash e ib, 7 T4 15% Electric Storkge Battery.. —— Elk Horn Coal... Detroit United 41¢s 193 8 soep e that “we recelve ma Emerson-Brant pf. Erie 1st con 4s 1996. s 5 . om_ time to time for es Frie gen lien s x«ss ¥ res. eem i common to fair, 1b., 5 Endicott-Johnson. lo quality, 1t 4% 2 — Erle Rallroad. ... clioiee {o fancy, —— Erie Rallroad 1st pf. OB to tair; —— Erle Rallroad 2d pt.. 1, 13 to ordinary to £ 8 Tamous Eiayersiaakey odium, 10, 10 to 12; rough, heavy, cbmmon, 1b, S to 9. Sheep, cholce, §. b 10 6. O1d bucks, b, 4 to 4%} | 108 ‘immrm. i . Lambs, ~nrmml2u‘«. Ing. but which we decli mend or postpon and Trunk s £ deb 6s 1936 s hnone and Trunk 7s 1940. 215 112% | ever It is. is bound to have influc Great Northern gen is 1936. % 107% 106 o the mcket: Great Northern gen 5%s 1952. 5 Ot harcianise Hudson & Manhattan ref 551957 8 9% Pt ! e L D L lqustrials little attention has Hlinois Central 58 1934. . % |5aid to the raiiroads. It looks mora Inter Rapid Transit 5a 1966 iind more doubtful whether there w Inter Rapid Transit cv 7s 1932, 86 5 T {te any new legislation affecting the Inter & Great Nor adj 65 1952 5 O erens. Biean- 5. 't S M 4s 193 G 5% 7 eak of carloadings s e il 6 ed for the time being Thera is Still & good de sion about consolidation 9 fect of the recapture provision of Vi y - % - ., | transportation t, which as Lo L : H : Upheld by the Supreme Court. As i Louis & Nash unified s opheid by the Supreme Coure, As i 4 lvery fe will come under th Pl+i i ++44+ 144444 144+1 11+ gice, Ib., 13 to 14; fair to good, Ib., 19 "to '12;" common, thin, 1b.. ®s, - straight, b, 6 to E k LR 3% Fleishmann Company. w6 Stags and boa i o Foundoris: com Xu 5170 Allll quality, e— -T Sfoats, 45 to. ise and donl? 3 General American Tan -——— General Asphalt. 8 GQeneral Cigar. . - F ¥ —— Texas & PacificC —— Third Avenue 4 Tide Water Oil. 8% Timken Roller Bear. 6 Tobacco Products 7 ‘TobaccoProductsClass A, —— Transcontinental Ofl . = 2 BEFRRESER FEFEEF Market St Ry con 5s 1924..... %] recaptura cls as very fow a # Mil Elec Ry & Lt 1st ref 5s '61 5 3 umm., 6 _per cent on property valu MStP &S S M6%s 1931, 103% 3 3 i Moreover, valuations s Mo Kan & Tex lst 4s 1990. p 7% Feached by the Interstate Commerca Mo Kan & Tex pr In 63 A 196 i 5 Commission are not accepted by thio N S e T e prolonied Titigation. Ona po<- MigsourlPastflc oa 194 s s oo fble result of the enforcement of the Missouri Pacific gen 4s 1975. y recapture clause {s to encourage N O Tex & Mex inc 53 1935.... s strong roads with high earning pow - New York Central deb 6s 1935. . A er in proportion to valuations to taks 9% New York Cent deb 4s 1934... 9 90 yeals rouds with ligh valuu- % New York Cent ref imp 5s 2013 tlons, but low earning power. In this NY N H & H ov deb 68 1948 .- 6% |way the valuation of the combined 5 N Y West & Boston 4%s 1945 15 |system would {)L raised to the r\m‘v t 6 4 Where per cent carned would ot b i Northern Pactflc 35 1047 ...... 084 Startling Trafc Facts. N o It may not be without interest Northarn Pasific ref imp 63 2041 oint” out 'That while Ore Short Line gtd bs 1945..... 1 Eve, beon mmking mecs i freight oadings, passenger Ore Short Line ref 4s 1929, 4 over period of Years shows 1 heavs 4 falling _off. Statistics established 00" |that, fower passengers were carried n 1923 than in . Last vear pas- Pennsylvania 6%s 1936 senger trafiic made a slight gain, but Pere Xymfl“etle“l!t bs . Y s 4 |the private automobile and the motor Reading. gen 48 1997. bus have made deep inroads upon Rio Grande Western clt 48 1 3 this branch of rdllroud"xr‘r\'ln R.IArk & L 4%s 1934 (Copyright, 1924.) SELIM& SR & G 4s 1933. i — — St L & San Fran pr In 4s A 1950 4 8% | BUTTER PRICES HIGHER St L & San Fran pr In 58 1950. 2 St L & San Fran inc 65 1060... S e . Decline of Previous Week Turned Seaboard Afr Line ret {s 190, 4 Into Advance, Seaboard Air Line adj &s . " Seaboard Air Line con 6s 1945. CHICAGO, January 26.—The declinp Southern Pacific cv 4s 1929. 93 s ¥ r’hlcg ov:currefliodurh&g the week end- Southern Pacific ref 4s 1855.... R nualy r)dmmtsullegz in an Southern Pacific col 48 1949. 5 Battor D o TochoLor iy Soore Southern Ry 1st bs 1994. 4 %4 cents, . carried over into the week ending Southern Ry gen 45 1956 ~ T0% 714 Sauiisry 20: Firtier wrlce reosiat Sauthern Ry dev 6%8 1855.... 108} 108% 1024 4 | ecurred at Philadelphia and Chicago, Third Ave adj 5s 1960. 45 48 45% % | but by the middle of the week the d Union Pacific 1st 48 194 1% 91% cline was checked and a reaction 10 — Willys-Overl Unfon Pacific cv 4s 1927 96% almost equal intensity as the pr. 80% — Willys-Overland p Virginian Ry 1st bs 1962. 93% ceding decline followed. Prices at t} 85% —— Wisconsin Central . 35% 5 % Wabash 1st 5s 1939 98l Y close of the week were llmh—rlall) 8 Woolworth (Z W). 296% + 6 58 Western Maryland 614 621 2% | higher than at the outset. Pu Worthington Pump. 28 - Western, Pacific o5 1946...,.,,. 85 838 82 # [chazes ;_\g:kmgsl:. anticipation of v utur General Motors 7% deb. 4 Gen Refractories - 5026.50; culls, i, Th00a15: cutls, —— Goodrich (B F) Company. Receipts, 970 head; . 7 Goodrich (BF) Copf.. Light to medium w‘ehthL:, 7,9!1):;%: i goodyur'x‘lracnubpf- . ; Wy hoge, 7.3307.50; — Granby Consolidated N.Y. Stock and Bond Averages. Saturday, January 26, STOCKS. Total stock sales, 726,500 . 3 Hudson Motor Gar, shares. 16% 1 Huppmoblle Motor Car Twenty industrials averaged 1004 7 HlinolsCentral. .. .. 100.75; net gain, .21 i " —— Independent Ol & Gas . High, 1923, 105.38; low, $5.76. Jndishoms Refiain Twenty railroads averaged : e $4.67; net gain, .33, High, 1923, 90.51; low, 79.53. Inspiration Copper. —— Interboro Ra; BONDS. ~— Internat Alflpelflla v International Ce Total bond sales (par value), ‘ement $7,747,000. 24% 2 Intern: Ten first grade rails averaged 86 International Har, new £7.10; net gain, .20. T 6% — InterMerchant Mratne, Ten secondary ralls averaged B et Ao 84.53; net gain, .. 78% 6 International Nickel pf. Ten public uulmes averaged 37% —— International Paper. 87.18; net gain, .03. % 64 6 Inter Paper pf stamped. Ten industrials averagea 15 o= Iovinsibis o1, , £4.53; net gain, .17. 4 Combined average, 88.34; net " g::’i — gain, .20. 18% Combined average month ago, 4 4 Kansas City South pr. 86.64; year ago, $8.01, 28 83% —— Kayser (Julius) & Co. — 85 30% Spriagteld - ER TS R R S B R o N R R o I e S I B I A S S S o1y e i+l +++ 444444+ 1+ 1F1+ 1M+ 1F1++ 11+ 111+ 44+ ++++4, 84 -~ WabashpfA... 16 1% Waldort Syster (new). 36% 2% Wells-Fargo...... e @ cFessosssars sx%es FEF sescas®se FVrss arecfeasBRerepsBors FaaPe T+l 1+t 1444411 1+44+010)