Evening Star Newspaper, March 24, 1924, Page 20

FINANCIAL. MDVING N ROUPS Weakness in Some lssués Compared With Strength in Others in List. RT P. WE! NEW YORK, March 24—Today's stock market, the same as last week, moved by groups. Weakness in parts of the list coincided with strength others, oerre nding to the dir- conceptions of conditions individual industries. Sen- timent was bullish on the oll stoeks 2 of the admittedly stronz statistical position of the industry. 1t builish also on the in_ consequence of the fact, pointed out, that so far this year the Pproduc een realizi high- «r prices than Sty S d that this Toreshadows an increase even over the very atisfactos carnings of 1928, Further illustration of what this means for dividends of the sugar companies was given by the action of American Beet Sugar ioday in voting $4 on the stock payuble in four quarterly installments. Ollx and Swgars Up. While the oils and sugars were go- ing up, selling continued in some of he motor stocks, in one or two of the tobaccos and in Ame an Woolen tudedaker got down L Motors, Du v were all 4 The decline in Toba distrust occasioned ual report showin $2 a share on the whereas it had freq ut during the ye were runnin, dividend. A new iow accompanying the per t looked rather ominous The drop in American Woole low 70 brought out the usual cussion about the uncertain prospect in the textile trade. The trouble with the woolen business, as with the cot- ton business, is the low profit margin due to the imubility to pass on high ‘0sts to the consumer. Street Imprexsed by Steel. The stroet was impressed with plus of nearly $16.50 on Un Steel common, but it w still more ewsed with the balance sheet. which d un assets best it etween uso was o Products re- by the T bonds, which be- the points and continued to Mhere wa however vige to &peuk of in other cel group. T i idard Oils, has now proposition rathe common, like the St bocome an asset than an e &S After the check r by mouncement eived o the th of Norfolk was resumed with ¢ derable Valley was an- the rails, getting up nearly 2 points as it cre 0. STOCK LIST “SPOTTY." and Renewal of Selli Against Motor Share day's market, under the heavy buying of United common, which advanc following publication of report. Independent veloped strength improvement in the ed in the corporatic Tnitial gai points annual de- ind reflect- d on a h i United States to above par advan, thiehem about w point improved inquiry ake preforre it tak however. Tt of the recent wanna and brought a most 2 points in American Beef Sugar noints. Weakness of Baldwin, which vielded a point on profit taking, which reac list to the first half changes opened irregul, Gemeral List Spotty. 'he general list presented a spotty appearance throughout the morning. Renewal of selling pressure against the motor shares w counteracted Ly strength of the oils. which a vanced on expectations of further in- «reases in crude oil prices. Houston, Maracaibo, Royal Duteh, Invincible, Producers and Refiners and Plerce Oil preferred rose 1 to 2% points. The attack on the motors was con- centrated on Studebaker, which drop- ped more than point to anoth: new low at 91%, while Willys-Over- land preferred, Pierce Arrow prefe red, Maxwell A and Stewart Warner, also vielded to selling pressure. Sugar were buoyant on favorable reports and anouncement of dividend action on American Beet Sugar common. Call money opened at 3 per ¢ Variations in List. American Woolen and International Harveste an off sharply before the buoyancy of the merchandise shares encouraged renewal of buying for the long count in other sections of the Studebaker made up all of its declin and Norfolk and Western was arried up Woolworth jumped 12 points to and Kresge 1912 to 3391, Market Street Railway second preferred and Goldwyn Pic. tures rose & points each SHORT TERM SECURITIES. (Quotations furnished by Redmond & Co.) ~—Noon.—, Bid. Uffer, 1023 10 1067 i T return ompany ing Hum, F which rose Iso ng wiped out Lack: ion of Electr aoved up . of Amor. of Amer. Aluminum ¢ Alminum Co. American € ‘mpire Gas & Fuel 75 1926 Vederal Sugar Ref. 65 1933, Yisher Body Corp. Gs 1927 Visher Body Corp. 6a 1923 joodyear T. & K. Ss 1981 rthern 7s ulf Ol Corp. of Pa. 5lss 1 Humble Oil 5i%s 183 Kenpecott Copper 7s 1980.... . TLibby, MeNeil & Libby 1. M., St. P. & 8. S. M. 645 1981 Morris & Co. Tis 103 Oregon Stort Line 4s 1929 Venna. K. K. 7s 1930, Swift & Co. 5% 1 “Tidewater Oll 8is 1831 T'nion Tank Car 7s 1630, 1. S. Rubber Tigs 1630, West Penn_Power 8s 192 Western Union 6lox 103 Westinghouse E. & M Wiscansin Edison Co. 68 1924 Wheeling Steel Corp..8s 1926, U. S. TREASURY CERTIFICATES (Quotations furnished by Redmond & Co.) ——Noon.—— Bid, Offer. . 100 1003 11100916 100 2182 1100 2932 101 132 100516100716 100 13-16 100 13-16 100 19-82 100 2352 1009-16 100 11-16 S0ty 101% L. 100513 100318 © 101 23.32 101 2952 L10n 101 Do J00Y June 16, 192 Ys June 13, 10 s September 15, g8 fivl'elllll’;\‘5 a3 Mareh 15, 310 Joue 13, 182 Vs December 1 138 March 15, 1926, sugars | often | ed States | | j | Case J 1 Plow. THE EVENING ST GHANGES IN STOCKS [ NEW York STOCK EXCHANGE Received by Private Wire Direct to The Star Ofice | Aav Rumier Adv Rum pt Alr Reduct (4). Ajax Rubber, Alas Gold Mines Aleska Juneau Alifed Chem (4). | Allis-Chalm (4). Am Agri Chem. Am Aer| Chem p AmBNpf (3)... Am Reet Sugar. ; Am Beet S pf(6) Am Bosch....... {AmBrS&F (5) {AmCan t6)... AmC&F (12). Am Chaln A (2. Am Cot Ol ¢f. ... Am Cot Ofl pf cf. Am Drug Synd. Am For P f pa Am Hide & L pt. AmTen (7). ..., Am Internatl. Am Linseed. . Am Linseed pt. Am Locomo (8). Am Loco pf (7) Am Metal pf (7). Am Radiator (4) Am Ship & Com.. Am Sm & Re (5) Am S & Rpf (7). Am Rtl Fdys (3) . Am St Fpf (7). Am Sugar. . Am Sumat Tob. Am Sum Tob pf. Am T & Tel (9). Am Tobac (12).. Am Tob pf (6 Am Water W) . Am W Wpr (4). Am Woolen (T). Am Wool pf (7). { Am Writ Pap pt. Am Zine pt. Anaconda.. . Asea Dry G (5). | A2 DG 1st pf (6) Ao O1l (1%) lAtT&SFe (). AT&SFpf (5). Atl Birm & At. | At Coast L (1) At Fruit ctf: AtGuUr&WI... At Gulf & W Ipf, Atlantic Ref (4). Atlas Tack. .. Bald Loco () Ba! & Ohlo (5) Bal & Oh pf (4) H rnadall A. ch Nut (2.4f Beth Steel (5) Stlpt (1) Br'’k-Man Tran, g Man Trpf.. Brown Sh But C& Z (500) .. Butte & Supericr. ! CaddoCen O & R Cal Packing (6). Cal Pet (1%). Cal Pet pf (7)... Callahan Z Lead Calumet & Hecla Can Pacific (10). Cent Leather Co. Cent Lea Co pf. .. Cer de Pas C (4 Chand Mot (8).. | Chea & Ohlo (43 . { Chicago & Alton. | Chic & East 111 Ch & Fast Il pr. | Cliic Gt West. ic Gt West pf. il & St Paul. h Mi & St P pt. | Chi & Nwn (4).. i wn pt (1) R1& Pac.. CRI&PDE (). Chile Cop (3%) | Chino Copper. Coca-Cola (T) | Colo Fuel & Iron. Col S0 24 pf (4) .. Col G & E (2.60). Col Carbon ¢ { Com Solv A (4 | Congoleum (3) .« Consol Cigar. Consol Gas (8).. Consol Textil Cont Can (4). Cont Motors.. Cl Ch c ‘{Corn PrR (19).. Corn Pr R nw wi, Cosden Co.. : | Crucible St1 (4). Crucib St pf (7). Cub Am Sug (3). +Cu Am Supf (7). Cuban Cane Sug. b Cane Su pf. . ub Dom Bugar.. | Cuyamel Fr (4) .. { Danl Boone M(3). s | Davidson Chem. . ¢ | Del & Hud (9) ... |De!L&W (6)... | Dome Minee (2). i Doug-Pectin (1) iDuPtdeN (8).. Du P de N db (6) EastK (15%)... Eaton Ax (2.60). E1St Bat (16%) Em Branting pf.. | Bnd-Jokn () ..~ i | Erie 18 pf. .v .o i Exch Buffet (2).. Famous P1(8) ... Famous P1pf (8) {FaM&SDL (D). | Fifth Av B (84c) | Fisk Rubber. ... | Fisk Rub pf A.. { Frehm'n (13%). | Foundation (8- ¥reeport-Texas., | Gen ATC pf (7). | Gen Asphait. Gen Baking (6) | Gen Cigar (8) | Gen Etec (8) | Gen Bl spe (600) | Gen Mot (1.20) .- | Gen Mot db (€) .. Gen Refr (4). Gimbel Bros. . .... Gitabel Br pf (7) Glidden Co. ! Gold Dust w. i... Goldwyn Plet. ... | Goodrich. . | Goodyear pf..... G'dyear pr pf (8) Gray & Davis. | Gt North pf (5) Gr Nor Ore (3) | Grt Wstn Su (8) Gt West Spt (7). | Gr Canan Cop. ... Gulf M&N pf(4). Guit 8t Stl (3).. Hartman Co (4). Hayes W'l (3). Housen'd Pr (3). . Houston Oil..... % ' Hud Mot C (3) . Hupp Mot C (1)« Iiinols Cent (7). 11l Cent pt (6) Indep Ol (:&c‘) Indishoms Ret. . Iniand Sti pf (7) Inspiration Cop. Interb Rap Tr... Int Bus Ma (8). Int Cement (4) .~ 1nt Com Eng (2) Internat Har (5) | 1nt Mer Marind Int Mer Mar pf... Internat Nickel.. Internat Paper. . Int Pap pf st (6) INtT&T (6).... Intertype (11%). | Invincible Ol Iron Prod (1% | Jewel Tea pf. .. Jones Bros Tea. . Jones & Lau (7). Kansas & Gulf. Kayser pf (8) Kelly Spr Tire. .. Kel Sp T pf (6) .. Kenne Cop (3) . Keystone T & R.. . Open. T 33 6% 6% % 1% 68% 43% 1034 30% 54 41% 70 20 80 115% 21% High. 8 33 765 % W 1% 87 431 1% 30% 1% 14% 26 494 5 100% 23'% i) 2674 15% 65% 32% 46 8% 50 b5% 61% 18% €2% 6 9% T % 180% 98 15 66% 6% 70 81 53% 111 122% 17% 11% 128% 86% 108% 17% 58 814 €0% 25 82% 20 656% 89% 48% 11la ki) 634 48% 3% % 24% 39% 98 85% - 226% 10% 4% 81% 49 50 101% 10% 35% 13 19% 4 20% 5 (7 29% 9% 106 14% 6% 6% 38 40% 82% T0% 26% 14 105% 105% ™ 1 102 28% 24% 92% 2% 23% 82% T 29 87 64 81 864 % 54 85 2% 38 364 58 8% 847y 98 15% 67 7 70 81 53% 112% 123% 18% 11% 129% 86% 109 17% B8 8% €0% 25 33 20 67 8914 A%% 12 % 63% 49 74 Low. Close. | 7% 88 6% 6% hid 20 66 Uy 43% 12 ke 53% 48% 4 L2 94 39% o8 86 226 11 145 81% 49 50 101% 10% 6% 14% 19% 4% 0% 5% 85 30 V3% 106 14% 56% 6% | 37% 41% | Spicer Mfg. Kinney G R Co. Kresgu 8 (8). Laclede Gas (7). Leh Val (3%). .. Leh Val righta Lig & My (new). Lig & My B(new) Lig & My pf (7). Loews Inc (2). 934 69 20% 61% 513 118% 16 L) Lorillard (3)... louls & N'sh (5) Ludlum St (2).. Moelntyre (1). Mack Trucks (8) Mack T 1st (7) Magma Copper.. Mallinson & Cc.. Manati Bug (5 Man 11 Sup (4) | slan Elemd gtd. Manhat Shirt (2) Maracaibo OIl. . Market St Ry. Mt St Ity pr p. Market SR 2a pt. Marland OIl Marlin-Rockwel Mart-Farry (3) Maxwell Mot A Mazwell Mot B May Dpt St (5) Motro Ed pf (7). . Mex Seaboard . Miami Cop (2). Middle St Ofl | Minn & St Lou Mis Kan & Tex.. Mis K & Tex pf.. Missouri Pacific. Missour! Pac pt... Mont Power (4) . Montzom Ward. Moon Mot (3).. . Mothar Lode (1) i | Mulline Bods. .., Nash Mot (48%) sh Mot pt (7). at Blscuit (3) at Cl & S pf (7) Nat Dalry (3). Nat Dept Stores. Nat En & S§t. NatRy.M 2d pf... Nat Supply (3) Nev Cons Cov. NOrT&M (1) NYAIrBr (4).. N ¥ Central (7). N Y C-Readyx rte. Ny C&StL pf (6). N Y Dock..... NY NH & Hart N Y Ont & West Norfoik South. orf & W (18) .. orth Amer (2), North Am pf (3) North Pac (). Ontario Mining < | Otis Tievat (8> | otis Steel. . | Otis Steel pt. Owens Bot (3). |Owens Bpt (7) Pacific Develop. PacG & E (8). Pacific Oll (3) . Packard (1.30) Packard pf (7) Pan Amer (4). .. Pan Amer B (). Penn Rallrd (3) Penn Seab Steel. Peop Gas Ch (7) Pere Marg (4).. Pere Mar pt (5) Phila Co (4) . Phila Co pf (3) Vhila & R& T wi, Phil Mor (50¢c) . Phillips Pet (2) Plerce-Arrow. | Pierce-Arrow p. Plerce OIl. . { Plerce Oil pf. | Pitta Utll pt 95c. Pitts & West Va Postum Cer (4). Prod & Refiners. PubBerNJ (4).. Pub S NJ pf (8). Pullman Co (8).. Punta Al Su (5). Pure Ol (1%) .= Read 1st pf (3) | Read 2d pf (2 Reis Robert. Replogle Steel Rep Ir & Steel Reynofds Spr (2) Rey Tob B (3)... Roy D'tch (3.46) St Jos Lead (12) 5t L San Fran. .. L-San Frpt. St L Sothwest. ... St L 8'th pf (5) .. Ssvage Arms. Schulte (§8) Seab’d Air L pf. Sears Roe & Co. Seneca Copper. ... | Stiell Un Ol (1). { Sherwin-Wms pt. mmons Co (1). mms Pet. .. Sine Con Off (2). Skelly OUl. .. Sloss-Sheft (6 So P Rico Su (6) South Pac (6)... Southern Ry (5). South Ry pf (8).. 78 127 St Ot Cal (2) €2% StONN J (1) 374 St Ol N J pf (7). 116% | Sterl Pr (16%).. 59 | Stew’t War (10). Studebaker (10). Submarine Bogt. | Superior Ol1 Tenn C & Ch. Texad Co (3) | Tex Guif 8(8% ). Texas & Pacific. . ! Tex & PacC&0. Timken (3%). Tob Prod (6) | Tob Prod A (7) ! Transcont Ol | Twtacity ® { Underwood (3).. Un Bag Pa (6) ... Un Pacific (10) Un Pacpf (4). Un Tank Car (5 { Uta Alloy St! (3). United Drug (8). UD1stpt (3%). Utd Fruit (10)... Utd Ry Invest. Utd Ry Invest pL.. USCIP(2) USCIP ot (7 U S Hoft Mach, U S Ind Alcohol USR&Im (). U S Rubber. ... US R 18t pt (§) { U8 8meiting. ... | US Sm't pf (31%). USSteel (153). U S Steel pf (7). U S Tobaceo (3). 81 234 8% 4% % 424 h9% 274 10'5 864 57% 851 4% 80% 40 52 129% 71 108 27 765 AT% 195 915 224 8% 88 18% 70 96% 80y 8% 20t 484 100% 119% 57% 65% 24% 26% 15 10% 80% 36% 36% Open. High. 59% 59% 69% 504 859% 360 359% 260 9316 ‘Woolworth (8).. 336 346 26% 27 26% 27 (. . LOAN ISSUES = GONTINUE AT HIGH 554! Remain Today Around Clos- ing Prices of Saturday. Low. Close. 934 @ 29% i B4 6% a8 2% 22 16 83% 963 a3y 2014 694 374 3814 | a7 BY GEORGE T. HUGHES. Spectal Dispateh to The Star. o NEW YORK, March Bond trading started the week today with prices still irm and the general mar- ket strong. The pace of the advance of Friday and Saturday, however, slackened perceptibly and In specific tances there were signs of profit king. There was no change in the funda- {mental conditions. Moncy, the ease ‘in which Initiated the rise in bonds, | was sULl to be had at 4% to 4% per cent for ninety-day periods, with the | {outside figure for the longer ma- Not Inclined to Go Higher. United States government loans sold around Saturday’s closing prices. but in most cases were not inclined to g0 much higher. In the high-grade industrial list there was a good deal of frregularity. General Electric 3%s were in de- mand up a point. American Tele- phone and Telegraph obligations maintained their recent gains. Among . |the ralls Norfolk and Western 4s “{went up a half point and Union Pa- cific 38 were conspicuously strong. All the Southern rallway issues were firm und higher, with the gensral 4s At & new high for the vear. Chicako jund Northwcstern refunding 5s crossed 9% for the first time this year. Chesapeake and Ohlo convertible Gs and convertible 4l werc both uctive and higher with some subsequent re- action.” Norfolk and Western convert- ible 65 had another advance in sym- pathy with the stock. In the more speculative rails the St. Paul junior obligations were higher, while there were very heavy dealings in St. Louis- San Francisco income 6s up fraction- ally. The St. Louis-San Francisco February statement, out today, evi- dently made a favorable impression | upon traders. | Feature Amenx the Tractions. | Among the tractions Brookiyn- Manhattan Transit 6s were the fea- jture, with sales in large volume at {# ncw high for the year. Most foreign issucs were unchanged or_higher. without particular feature. Todas's new issues included $ _1500.000° in "Continental Motors Cor- |poration 6%s, priced at 95, to yield about 7 per cent: $2,475,000 s | Kansas 4% per cent soldie pensation “bonds. to yield 4. cent; $5,000,000 state of Alabama 4'; 43y, 109% “ 4w 524 10% 981 46% 3] | yield 4.6 per cent; $1,000,000 Atlanta Joint Stock Land Bank 5 per cent Minneapolis 4% per cent bonds {¥ield from 4.4 to 4.45 per cent. et INTERCOAST TRADE. 1923. 41% 60! H it ! Shipping Board Shows Movement i of 12,400,000 Tons. Statistics of | movement for the | public last night S | Board's bureau of f.“‘vtoml of $12,400,9 i ) 00,000 castbound or to up iments from California fields, 7 tons of which moved thro B0% | port of Los Angeles. 32% ! About 70 per cent of the total 40% | movement was shown to have passed 100 |through Los Angeles, which had a 117% ! total inboard and outbound move- 64 |ment of more than §,6600,000,000 tons. 23% | New York was second with 5,876.000 tons. San Francisco bay. including 9% | Oakland, third with 1 .000 tons; 84% | Baltimore: fourth for 1,552,000 tons 16% |and Philadelphia fifth with' 1,549,000 36 345 tons. The Puget sound section 14 jtotal of 1,320,000 tons. 10 — 49! 14 {21/ NEW PLAN FOR HIGHWAYS 561 | 25 g | 8 385, 60 40 102 19% 87 3% 445 had a Co-Ordinated Transportation. A program designed to deeviop a national policy governing the co-or- dination of rail, water and highway transport has been submitted to its members by the Chamber of Com- merce of the United States The proposal upon which a ref- erendum expression is sought usks the judgment of the members on re- itention without material change of the transportation act, railroad con- solidgation, the relative readjustment 141 (of freight rates, a national survey of 22% |inland waterways, establishment of store-door delivery by rail and motor 512 {carriers and other related subjects. 92 ¢ | BROKERS’ LOANS SLUMP. ‘Wall Street Men See Effect of Con- gress Probes. NEW YORK. March 24—Wall street brokers generalll' are of the opinion that the Washington legislative in- quiries and the disclosures resulting therefrom _have been largely re- sponsible for the loss of public in- terest in the stock market. Brokers !loans, widely regarded as a fairly accurste index of public interest in | the ‘market, have been steadily de- creasing since the inquiry into the leasing of the naval oil reserves took & sensational turn. —_— FORM PACKING COMPANY. $500,000 Plant to Be Established at Front Royal, Va. Special Dispatch to The Star. WINCHESTER, Va, March 24.—Or- ization of & $500.000 corporation, {::wn as_the Old Virginia Packing Company, Incorporated. with main of- fices at Front Roval, was announced there vesterday by J. Major, who said it was the Intention to manufac- ture all kinds of f¢ products, with fruits contributing most of the raw material. . 56% 86% 4% L 40 52 129 71 103 27 6% 47% 195 0% 821 8% 88 18% 699 — . FRENCH FRANC JUMPS. Reaches New High Record for Year at Opening. NEW YORK, March 24.—A sensa- tional advance of 27 points today the price of the French franc to 5.63 cents, a mew high record for the year, at the opening of the local foreign exchange market. The gain, one of the largest recorded since the recovery of the franc set in, resulted from heavy accumulation of covering orders over the week end. The franc reacted 23 points when the market suddenly was flooded with se]ling orders. Slterl‘ln: also was subjected to sell- ing pressure, the demand rate de- clining more than a cent from the opening figure to around $4.29. WASHINGTON, D. ¢, :‘r- General Bond List Reviewed.l iper cent road and highway bonds, to | bonds at par and $1,120,000 City of | of 1 T. 8. Commerce Chamber Proposes | MONDAY, MARCH 24, 1924, [on v vorx BONDS ot srcasvoe ] Received by Private Wire (Sales are in 31.000.) UNITED STATES BONDS. | (Fractions represent thirty - secon Example: * 98-3 means 98 3-32.) | Sales. Hizh. low. CX Lib3%s. . 61 98-31 98-26 PE-26 (Liblet4ys... 71 99e20 99-26 99-26 |Lib2d 434s... 1417 99-28 99-22 99-23 {Lib3d 4%s... 1005 100-1C 100-3 1005 Lib4th 43,5.. 3602 99-30 99-24 99-25 US4%s1962. 443 100-21 100-13 100-13 FOREIGN. Bales. High. .14 105 33 68 14 26 e Low. Close. 101% 101% 90% 90% { | Argentine 7s. . Argentine 68737, Austria 7s, Bolgium 7 ¥s. Belgium 6s. . Belgium 8s. . Bern Bolivia Bordeaux Brasil 7s, Brazll & Brazil T%s. ... Crnada 5» 192 Canada 535 1929 Canada 5 193 Canada 5s 1 Chile 851948, Chile 831926, Chile 8= 1941. Chile 75 1943 Chinese Gov Ry ghrlxt!lnh 8s. . “openhagen §%s. . Cuba 536 s Czechoslov, : Danish Munic S A Denmark 8s Denmark 6s Dutch EIG%s. Dutch Bas: I 6s'47. Dutch East I 65'62. Finland s { 63 1945 Framerican 7%s French Govt 8. French Govt 7% Haitl 6s. . Italy 648 1526 Japauese 18t 415 | Japanese 2d 415s. | Inpanese 4 Japanese 6165 w 1. 12 Jorgens UM s '47. w0 o nomaGe ok SetimeEnlcan S 224 @ Marsetlls 65...... Mexico 5s. Norway'Gs 1952 Orient Dev deb 6s. Paris-Ly's-Med 6s. Prague 7%s. Queensland 7s. Queensland 6s. Rfo de Jan $s 1 { Rio de Jan 55 184 Salvador 8s '48. . | Bao Paulo State §s. | Seinc Dept of 7s. .. Serbs Crotes Slo 85167 Sweden 6. | Ud Kingm 514537 1003 Uruguay 8s . 103% | MISCELLANEOUS. { Ajax RubberSs... 7 89% Am AgrChem 7348 13 95% I|Am Repub deb 6s. . 9l {Am Smit&R 1st 5s. 93 | Am SmIt&R 6s.... 5 104% AmSugrefés..... 7 101 AmT&Tev6s AmT&Tcltrss AmT& Tcltris 1Am T & T deb 5345 | Ain Water Wks bs | Anaconda ev db Anaconda lst 6s. Armour & o 41 | Armour of Del ted Oil 63 alls £ S8, { Bell Tel P’a | Beth Steel 1w 924 104% 100% 122% 981 941; 100% 864 Brier I St 18t 5% Bklyn Edison 7s D Bklyn Ed gen §. . Bush T Bldg 55 Calif Pete 6348, Central Leather §s Chile Copper és. CnG &F Col ( sta. Commonwth P 6s.. { Con Coal Md 1st 58 | Consumers Pow 5s. | Cuban-Am Sug §: “uba Cane cv d Ss. i Cuba Cane cv 75 " { iet Edison ref 6: Du Pont de N i Duquesne Light 63 Est Cuba | Empire G&F | Fisk Rubber s Gen Elec deb is... Gen Refractres 6s Goodrich 6%s Goodyear 8s 193 Goodyear 8s 1941.. Hershey 65 1942 Humble O&R 5 Illinols Bell 1st 5s. T Int Mer Marine 6: Inter Paper os "4 . KCP &Lt is A2, Kan G & El 6s'52. . Kayser (3) Ts. Kelly-Spring Lackawa 8 5s'50 Liggett & Myrs 5s. | Lorillard (P) 5s. I Magma Cop cv Manati Sug sf 7% Midvale Steel s. Montana Power Morris&Co 1st 4%s 1 New Eng Tel 58 N Y Easn 1st 6 NYG EL H&EP s N Y Tel 6s°'41 NY Telés'4d NY Tel 4%s. North Am Ed North Am Ed 6 Nor States Pow bs. Nor States Pow 6s. Northwst B Tel 7s. Pacific Gas & El 63 Pac T & T Ist 5s. .. PacificT&T58'52 5 Phil & Rdg C&I 55.108 PhilaCo5%s’38... 1 l Phila Coref Gs A. Plerce-Arrew 8s. .. Producers & RI 8s. Public Service 5s. . Pub Ser Elec 6s wi. Punta Alegre i Sharon SUH Sinclair Oil 7s Sinclair Oll 635.... Stn Crude Oil 5%s. Sin Crude Ol 6s. Sin Pipe Line 5 South Bell Tel 5s. . So Por Rico Sug s 1 Southwest Bell 5s. 210 Steel & Tube 7s 4 Tenn Elec Pow Tide Wat Oll 6 Toledo Edn 1st T Union Bag & P 6: Unit Drug cv $s. U S Rub 18t rf bs. U S Rubber 7%: U S Steel s £ 5: Utah Pow & Lt Vertientes Sug Va-Car Chem 7s... 26 69 Va-CarCh7%sw. 12 34% ‘Warner Sugar 7s.. 5 103 Westinghouse 7s.. 8 107% Wickwire Spen 7s. 12 62 ‘Wilson & Co 1st 39 93% Wilson&Cov 7%s. 4 89% Wilson & Cocv és. 6 82l 1 ‘Winchester A 7its. 14 l,;l: 4 101% 100 98 102 118 1014 95 8 7 5 20 1 18 14 9344 104% 9614 102% 107% 96 13% 823% 101% 108 8816 93% 82 82 101 101 5% 96 Wright dero (1), 11 11 11 11 Wrig WJr (3)... 36 36% 36 36 xtra. in Lerred . DIt Satee, as given in” the- sbovo ‘tablé nr! the anonai payments based on the test qual or m"":’l’"f“?rl.r:“'.'i B A % Gividends are mot incinded. B High. Low. Last. CallMoney..... 3 3 3 HOURLY SALES OF STOCKS. 11am.....264 100 1pm..... 625 800 8% 36% 36% 335 342 Youngstn S & T 6s. 10 H FLOUR AND PROVISIONS. NEW YORK. winter straights, 5.00a5.30; hard win- ter straights, 5.506.00. 3 Rye—Quiet; No. 2 western, 803 f. 0. b. New York, and 78 e. . 1. ex- port. Barley—Firmer; c. 1. f. New York. Pork—Steady malting, mess, 24.75a25.7. 0. middle west, 11.40a 5 | Seab'd A L con March? 24.—Flour— Quiet; epring patents, 6.1026.50; soft 89a32 Direct to The Star Office. RAILROADS. ! Hales. High. 13 87 2 8l': 9844 £5 10214 88 874 821 98 8% 89% 112% 112% 80% 93% 98 101 86% 94 92 Low. Close. £ < 8l% 984 s45% 1 chison adj 4s. Oprin3i t O gold 4s 6= B &0 SW div 314, Bklyn-Manhat 6. 4 Buff RE&PItt 41s. . Canadian North 7s Canad North 6 Canad Pac deb Car Clinch & O 5s. Car Clinch & O 0s. Cent of Ga 6s... Central Pacific 4 Ches & Ohlc cv b Ches & Ocv als. Ches® O gn4is.. Chi & Alton 3s Chi & Alton 314 Chi B&Q gn 45 '58. | Chi B&Q 18t rt Gx.. Chi & I2 11l gn Chi CM & Puget 8d 48. 19 ChiM & St Prt 4% 60 Chi M & St Pev 5s. 33 ChiM & St I’ 45 °25.264 Chi MES P cv 4148.112 Chi M&ST P 4s'34. 14 CM&StPgn 418, 10 5 13 1 112% 854 93% £2 &% 59% a1 56% 83 £8 1% 80 54 98% 105% 106% 1% % 79 90% 115% 75% 4 102% 103% 98 8645 101 82 1 . 16 Pacrt 4s H & SE 6 Chi-Un Sta 4 ChiUn Sta 633s. Chi & W Ind cn 4s. CCCRSLLrf 6s A Cleve Term 5155 Cleve Term § Colo & Sou 4% Cubs RR Ths.. Cuba R R 3s. 5 Del & Hd st rf 4s.. Del & Hudson 5ig¢. Den & Rio G cn 4s. Det United 43:s. Erie 1st con 4s.. Eris con ext 7 rie gen 4s Erle conv 45 B. Erie conv 45 D. Gr Trunk sf db 6s. Grand Trunk 7s... Gr North gen 7s... 65 Hud & Man ref 5s.. 31 Hud & Man aj 5s.. 92 11l Cent ref 55°55.. 11 {111 Central 5%s. 8514 2 103 55% 6044 64% 103% 112% B2% 621 its | Int Rap iran s. Int Rap Tr 68 stpd. 19 Int Rap Trans 6s.. 56 {Int Rap Tran finca ine&a Kan City Ft 8§ ity S {Lake Shore 4s°'25.. 40 |Lake Shore 4a 31... | Lehigh Valley 6s.. Louis & Nash Louis & Nash Louis & Manhat Ry cn 4s.. Market St cn 5s. M&StLilstrefds. 1 M StP & SSMaies. 3 M StP & SSM cn 4s. 2! MK & T adj os Mo Pacific 6x Ao Pacific 55 '6; Mo Pacific gn 48. .. Montrl Tm 1st 5s. . Y Cent gen 3ics Y Cen deb és YCenrids..... T Cent en 45 °98. YO &SULEsA. ew Haven cd 6s.. 27 New Haven T 8 ew Haven 7s fr.. 148 Y Ont & W raf 48 10 ew York Ry rf4s. 3 " Ry rf 45 ctf: Y State Ry 41as. NYW & Bos 412s.. 16 | Norfolk & W cn 4s. 12 { Norfolk & W cv 68.158 orthern Pac 3s 5 orthern Pac 4s Northrn Pacr i 6s. Northern Pac5sD. Ore & Calif 1st 5: hort L cn 58 ‘46, Ore-Short Liref 4s. <h 1st rf 4s. Pennsyl gen 5s.... % * | Pennsyl gen 412s.. i Pennsyl 6338 5 | Pennsyl gold 7 | Peoria & I3 inc 4 Pere Marq 1st s Pere Mrq 1st 4s” {Reading gen és.... jReading gn 4'3swl IRTATK& L4 9 1 10 1 21 89 S S S S S St PUn Dep 5%s.. StP & KCShL 4155, iSeabd A L. 4ssta.. Seab'd A Lyref 4s.. {Seab’'d A Ladj 5s.. 1 Sou Pacific 4s 1829. | Sou Pacific ret 4s.. Sou Pacific clt 4 Southern Ry 1st Southern R gn 4s. | Southern Ry 63 Southern Ry 6a ct. Third Ave ref 4s Third Ave adj bs. Tol St L& W 4s... Tol St L& W 3las. Union Pac 1st Union Pac 1st rf { Union Pacific cv €s. Union Pac 1st rf Virginia Ry 1st is. VaRy & P 15t 65 ‘Wabash 1st b: ‘Wabash 2d 5s. Western Md 4s. { Western Pacific5s. 39 {Whel & LETf 4325 10 TOTAL SALES (Par Value) 1:2.m..5598000 12n00on 7961000 1p.m..11390000 2 p.m....13 111000 —— CHICAGO GRAIN MARKET. CHICAGO, March weather led to more or less selling {of all grain today during the early | dealings and brought about a mod. erate downturn in values. It was pointed out also that wheat was still |16 above an export basis. Uncer- tainty regarding legislation at Washe ington tended, however, to act as something of an offset. The opens 4ng, which ranged from % to % lower, May 1.05 to 1.05% ind July 1.06%, was followed by a further setback all around. Corn and oats sagged With wheat. After opening % to % off, May 79%a 79%, the corn market declined a 1ittle more. Oats started unchanged to %ai off, May 47% to 48, and later cone tinued to weaken. " Provisions were easier in Tesponse to lower quotations on hogs, WHEAT— Open. High. Low. May L1050 108W 1.09% July 1063, 1.041, | Septemer 107 1.05 1] CORN— | May July | Reptember SaTa July Septes Close. 1.02% 13 i [ BAR SILVER QUOTATIONS. LONDON, March 24—Bar silver, 33% pence per ounce. Money, 2% per cent. Discount rates—Short bills, 3 per three-month bills, 3a31-16 per 14 |prices soon “broke 1074 ! i 24.—Seasonable | ANCIAL. COTTON MARKETS. NEW YORK, March 24.—Reports of improving weather conditions for new lerop preparations in the south seemed lchiefiy responsible for declines of from 50 to points in the early !(ruflln: on the cotton market today |Cotton for- Juiy: delivery sold oft to 127.45, or a bale below Saturday's !rlonln‘. Liverpool was an active seller here. whila there was a good deal of seliing for western and southern account, and to 2810 for May and 2325 for October, or 47 to points below Saturday's closing. There was enough covering or fresh buying ause rallies of 10 or 12 points |from these prices during the early trading, but the tone of the market was unsettled. New crop months w ! ¢ steady. New Orleans w {a heavy seller of July b decline: NEW ORLEANS, March 24—The {cotton murket opened lower. first | trades showing losses from Saturday’s clos of to 41 pointe. Liverpool was lower than due. the weather map was generally fair for the entire cotton belt and weekly dry goods re- Iports were generally unfavorable. The market continued to declin steadily after the openinz call, witk Mfairly h trading until May traded [down to . July to 2740 and Oc- tober to 24.72, or 44 1o 65 points down {from the previous close. The market Ithen became somewhat steadier at the decline, but has rall only few (points. i Th mlrkvrl continued to declin during the entire morning under the pressure of rather general due to more favorable w her and poor dry goods reports. New York reported renewed selling by the Paim Beach contingent and rather liberal selling from all interests. The an- nouncement that the report Hoover experts would not be today deprived the market Iport from that direction. Fall River I reported there was talk of mills cut- fting wages. May traded down to 1 6 and July 14, r t to [ points undcr, the cloge of Saturday | October dropped to or 68 point Id'r n market w quieter, but | tle Improved at noon. | river . Ma #pot, good business don middling, 17.72 issued middling : ordinary includi Vieas j14.43. 1 {3,400 16.49; {October. ary, 14.16 | ——e | DAIRY MARKETS. BALTIMOR| March {—Live poult 1 40: voung chickens September i December, | (Special) und, 25 Leghorns ke 5 e Zla ] uinea fowl, Dressed poultrs hickens patir 45a Turkeys, 1d_rooste: native southern, 21 ¥ and nearb , dozer g, A Hutte fancy nearby ; rolls dairy 1 reamers pound 50; prints creamery, 13a45: ladies storepacked ; process butter, good_to GRAIN AND PROVISIONS, BALTIMORE. Md. March 24 Fotato, white. 100 pounds. per poun s anl { puragu: { busnel, 130 00, el, 4 Apples shel, 3 Selling Prices on Grain. red wint winter, garlic exports, 3 red win- red per bar . spot, 885 corn) el for v irel for white | No. Sales—Cargo on grade, white cargo on grade. No P 40 bu. No. 3 vellow. S§ 2,820 bu No white, T0as0; ve, spol. ceipts. 104 tons. An ty of hay of all zrades special inquiry for any descr n. although better grades clov sed. and No. 1 clover es at quotatiol {damaged is dull at Quotations—Ni 1 light clover, -0 . 2 cloy . 1 clover, mixed 1 clov, 6.00a . Straw- . 1 straight rve, No. 1 tanglé ry . 1 wheat, 15.00a18 .00a18.00. CHICAGO LIVE { CHICAGO, March { Department of Agr | Receipts, 78,000 L 3 shippers buying freely; big {not bidding; mostly 5 to 10 lightweight 'show minimum i bulk good and pounds averaged, desirable 250 largely. 7.40a 6.60a6. | ! strongweight. hogs, 7. light, packing sows. packing sows, slaughter pigs. a7.10. Cattle—Receipts, 22,000 head: slow; | few early sales beef steers and vear- lings around steady: most carly bids weak to uneveniy lower: best m. tured steers, early, 11.90; best vearlings, 11.50: fat she stock, ners, cutters and bulls around steady bulk heavy bolognas, 4.65a4.90; veals steady to unevenly lower; quality considered; practical packes top. 10.00; stockers and feeders steady demand mostly centered on choice weighty kind. Sheep—Receipts, 20,000 head: slow { few handyweight fat lambs to ship { pers strong: others weak to 25 loWer ! sheep and feeding lam Z00d fat wooled nativ | handwoight lambs to hippe #ood clipped lamb: i fat ewes, 11.00a11 lambs, 15.00. Esi FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co) Nominal 'Selling checks, gold valve. today. London. pound...... Montreal, dollar Paris, franc. Brussels, 1.00; 15,00 -t TOCK MARKET. Hogs active decline -pound pigs acti 00 smoot rough, 440 trillion, 34 Copenhagen, crown Christiania, crown Stockholm,’ crown s SUGAR QUOTATIONS. NEW YORK. March 24.—Raw sugar was easier earlier today, but no sales were reported. Cubas were offered at 6.91 duty paid. The issuance of some March notices advices and more favorable labor from Cuba led to heavy liquidation in the raw sugar futures with price: at mid-day points on March and 15 to 2 on_later deliveries. The market for refined was dull and unchanged at 840 to 5.60 for fine granulated. Refined returns were nominal, selling | long can- | WASHNGTON S NETINGOME DROPS {Decrease for February as . Compared With Year Ago. Local Financial Review. corporute income of $41.000 agal sible | the Pub| mornin: Ope amounted {durine th led $312 000 o cur. {" Deduetion Lof $14.040 of the! of sup- | sidiary i penses 1 Invextment pound, | nxil Showing duck Her 1.00 Natior ‘| Washington Stock Exshange. d and Asked Prices. BONDS. PUBLIC UTILITY Anse ) '.\ ns ited States packers lower; 5 butchers bulk packing sows, | Ameri apital Washingt ~. W | Termina! Taxi NATIONAL BANK ! et . Farmers ‘and Mechanics American Baok of Wash TRUST COMPANY American Socurlty & T Tnited States.. Washington M, TITLE INSURANC 1 Columbia Title. state Title Mergenthaler Linoty National Mortguge & Ola Duteh Market com.. 01d Duteh Market pfd. | Lanston Mousty % Security Storage. Washington M Yellow Cab. .. { *Ex-dividend. Inve. pfa.. showing declines of 42} points Hefore You Invest—Investigate. It's queer how caratul 4 man can be t his money. Abe r{Martin says that o man who Is not satisfied wtih 6 per cont' and his money are soon parted,