Evening Star Newspaper, April 21, 1924, Page 18

18 FINANCTIAT. THE INDUSTRIAL LIST | CARRIED DOWN‘WAHD; Break in Some Specinlties From | Which Support flad Been Withdewn. FORCED TO LOWEST LEVELS| : { 0ils and Sugar Are Among the| TIssues Attacked. 1% HY STUART P WEST. April 21— Another part of Dispteh RK NEW Y in exchang carrying U large the he lowest o far The break b Iies from wh wit this wwar the Nl aread md a1 went ¢ - spenin 1t shares n and equipm Drops Relow 16 Badwin Locor the it than the s had been put b viclue stoek. T¥ - illus the prevail the rd inw mpo ted by i ne utter dist news SCORE OF ISSUES DROP Forced in New wrket Reactionary Tone York Stock M Today. YOR April N prossure cropped the tock opening of to ing the. mene 1ome. New by Yellow ¢ and Cuy Dupont about a rea SRLADT Yellow off 1 win the o Internat fonal int ot lf-l\ teels record to 2y an: Ll eich 000 sbares of | Saturd e i | featuy eral rallicd wil group, | including prod refiners, | Marland, Pacilic ndard Ol of | California. For:4: banges opened | eady. | rhe main contin- | | downwa morn- with tive I the «hemicals and ranging from 1 anal new low d by Atiantic and Leather p Ameriea Mills, hout the pressure mos oils, sugars, tex ithers, the et loss to 6 points. Add records were estab- | iefining, Amertcan | American | Refining and K of the “ommi unfair The strength, being South- and _Ohio United | Beech . up 1 apened at d_throu ling | niel Boon 1 Petroles dropped n poin order of the Fed Trade sion charging monopoiy and io 1ht Bl In@uastey. yails showed indepenc zains of 1 to near Fecorded hy Canadi rn Pacific and ¢ Other strons points Ntates Cast Iron Py king and Colorado v 21 points. Call mon per cen SUGAR MARKET NORMAL NEW YORK. April was quiet early to with -ported, i undertone \.os .15 being quoted ior Cubags paid Exeept for an ope Moints in May, 4 | ar | firm, duy | ing decline of 3| which luter Hained, w ar futures + higher onoco ing, ad buyin trade interests and house Euro; connections ess of the able labg news froin Cuba. Prices it midda; were 7 points. net higher. | The refined market was unchanged | at 8.00a8.25 for fine granulated, with demand light. Refined futures were neminal. spot n — . In tropical latitudes the directisn vof prevailing winds is from eastito “west, |A1CE Do (1) PEaM ing « EVENING 'NEW YORK STOCK EXCHANGE + Received by Private Wire Disect to The Star Office : 734 | MKt St Ry prpf. 5% | Mariand Ol , .. . 71% | Marlin-Rockwell 68% | Martin 'arcy(4). S 112% | Maxwell Mot A. . 41 43 | Maxwell Mot B! 23% 24 | May DpUSE (5) 52% 52% | May Dp Spf (7). Mux Seatoard Mox Seaboard Miami Cop (2) ... | Middle St ON, | Min Kan & Tex... Mia K & Tex pt._ Missourl I'acific. | Missouri I'ac pf.. | Mont Pawer (4). Monteom Ward. Moor Mot (3). | Muthor Lode (1) Munsingw'r (3). | Nash Mot (6).. ., | Nat Biseunt () | Nat Cloak & Suit L Nat Dairy (3) Nat En & St Nat Lead (8)... Nat Supply (8) OrT&M(7).. Air Br (4) .. ARBraA(4).. Central (1) C-Readi rts. NYC & StL (6) N Y Dock pf (5). |NY NH & Hart.. N Y Ont & West. | Norr & W (18) . North Amer (3). North Am pf (3) North Pac (5). .. Orphenm (11).. Otis Wiavat (8).. Mis Steel. Otis Steel pf. . ... Owens Bot (3) .. acific OIl (2) | Packara (1.20) Packard pf (7). Pan Amer (4)... Fan Amer B (4) nRallea (8 - ab S Vv-ovvh-w(‘l\( Poori Adv Rumley Adax Rubher. Alr Reduot 4y Allied Chem (&) 464 354 1 Eo alty 100 N1 116% 18% 18 218 % 11 31u 124 594 6214 [ 1. Allis-Chalm (4) et »? At Can 16) AnCRF €12y, Chain A ¢ | Tide & Lea A& L Am Toe (7) Am Internatl A LaF ¥ E ( Am Linsced Am Locome (8). A Radtutor (41 I Saf 2 (50 a6% P Am St Sugar. arpf (1) | atTob... 13 i | A Tobace (12). Ani Tob pf (6) A Tob B (12) Am Water Wka. . 3 W aconda Cons & Co.. o Dry G (5) O (1) T& S ¥e (6) AT&SEpr o3y, At BAt... 2 At Const L (7). 117 ALGull & WI., 124 Atiantic Bef 14). 106 Powd (4).. 48 o 185 1405 .. 10 N N o \ v b v o NY "o Gty i 824 10% 93 100 : 7 oo 110% L1084 15° 17 23 Y 1 4 1484 1 1% 3y 26t i 45 rus Br (10) itte & Superior terick Co. ... L et pf (7). .. han 7 Lead 1iu & Aria (2) . fe oy 31 Plow o o b M e . Chila & R&1.... ‘hailips Pet (2) .. i"ferce-Arrow. ierer-Arrow pe. Uierce Ofl. ... Vicrce Ofl pf. ... Vitts Conl (4) . 1itts & West Va P& W Va pf (8) PressStIC (4).. i'rod & Refiners. 'ubSer NJ (4).. Puliman Co (B8).. 115% B4 i'unta Al Su (8) . ERY Ture Oil (1%) . 4 SRS 1% StSgpf (7) i ay Cons Cop. .. e Reading (4) ad ist pf (2). 2d pf (2). minglon Type. \ding ris. P Ir & Steel.... Hoy D'teh (3.48) 5t Jos Lead (12) an Fran an Irpf. L Sothwest. ... uta Cecilia. Savage Arms. .. Schulte (§8) Seaboard Air L. Seab'd Air Lpf.. Sears Roe & Co... neca Copper. .. Shell Un Oil (1).. holl Un pf (6)... nmons Co (1) inme Pet.... e Con Oil (2). ¥ Oll. | Sloss-Sheft (6) v kzico Su (6) South Pac (6)... | Southern Ry (5). South Ry pf (). il Cal (2). StONNJT(1).. | StOINTpt (7). | “iow't War (10). Stromberg C (8). ebaker (10) Studebaker wi submarine Boat. 3 _ or O1l. 164 164 | Speets Co of Am. T 117 Toenn C & Ch 1045 10434 | Toxas Co (3). ... 19% 15% | Tex Guif (6%). . 45% 0% | Texas & Pacific. . vx & PacC & O. Tide Wat Oil (4) ken (3% ) “Tob Prod (6). Tob Prod A (7). | Transcont Oll. Underwood (3) n Pacific (10) Uid Fruit (10). .. td Ry Invest pt. Cast Iron P. S Distributing. 1nd Aleohol S R & Im (3) Codlite SR&IDE () Fim | Us Rubber.... % S R1st pf (8).. 2041, | U 'S Steel (16%). = Steel pt (7). Ve 13s | Utah Securities.. 82 2 | vanadium Corp.. 39% 9% | Va-Caro Chem._ 47 47% | Va-Curo Ch pi. .. 9% 9 Wsbash. .. 16% _15% | Wabash pf A 20 20 Web & Heilb (1 41% 41% | West Maryland. .. 90 90 estern Pacifie, . Vet TS & M (4). Wia Eag Oil (2).. White Mot (4). Wickwire Sp Sti | Wilson & Co.. ... Wil& Copf.... Willys-Overiand. Willys-Over pf... Wis Cen ctfs Woolworth wild) Wright Aero (1). Wrig WJIr(3)... Yellow Cab (3). . urtly extra. 1Pa “ Certain-T “hand Mot (8) .. Ches & Ohio (4) . e & Alton Bi. Ch& B pl.o Chiv 43t West pt. 1 Mil & St Faul. Mii & SCE p « Nwn (1).. t'neuT (3). Culc B & ac R1& L pr(8). Yellow © (4) Cupper & Sth ¢ 167 6% 16% 1051, 10855 Coio Fuei & roa. Coi G & B (2.60) Coio Southera. . . VA (4. v B ¢ 166 116% llm Corn 1#vod T'r R pl(7) Cora V'r K uw wi. \in Sug Cu Am Su pf (7 Cuban Cane Su Cub Cane Su pt. . Cusamel Fr (4 Danl Boone M(3) Duaviason Chem. . DetL& W (6).. Dire & Copf (3). Det Ed Co (8) . .n Donie Mines (2). Du Prde N (8).. East K (15%) . .. on AX (2605, St Bat (15%) le 18t Df. .- Fumous Pi (8)... 0 & Sm Kid-i'he I 1n (6) Cith Av 3 (84 A1 | S 1 1l v 118 113 2128 99% 6% | 47 a8 70 8y 113 11 2124 984, it a7 <Ry 70 Sa 384 B1% Tl 90 204% 107 ish B O pf (8) .. ttubber sk Jtub pe A com' (13 &), Foundation 4§ . Frecport-Texas.. Gen Am ¥C (3). n ASE AL . ... Gen Asph pf (5). n Taking (6).. Gen £llec (8) Ge 4131 spe (60c) G en Mot (1.20) .. ‘gen Mot pf (§ - Petroleum Gen Refr (4) Glidden Co. . Goidwyn Pict it North pf t5). Gr NorQre (3)... Guantan Sugar Gulf M&N pf(4) Gulf StSU(5) .. Hartman Co (4). Zayes Wh'l (3).. Housen'd Pr (3). Houkton Ofl. ... Hud Mot C (3) Hupp Mot C (1). iydraulic Steel.. indep Ol (25¢) . Ludian Refining.. inland Stl (2%). inspiration Cob. interb Rap Tr... Internat Agri. luternat Ag new. Internat Agpf... int Bus Ma (8).. Int Cement (4) .- 1t Com Eng (2) Iuternat Har (5) Inter Har pf (7) 107 Lut Mer Marine.. 8% | Int Mer Marpf... 31% Iuternat Nickel.. 12s inter Nick pf (6) 77 Internat Paper 7% 1ot Shoe (4).... 73% It T&TL6).... 69 Tatertype (11%). 30 1nvincible Oil 1 Jones Bros Tea. . Jordan Mot (3).. Kansas & Gult. .. Kan City South.. Kelly Spr Tl Kenne Cop (3) ... Keystous T& R.. Laciede Gas (7). Lee Rub & Tire.. Len Val (3%) ... Leh Val rights . 28% Lig & My (new). b1 Lig & My pf (7). 116% Lima Lo (4).. 5% icewsIne (2)... 17 Laft,Incorpor . B% Loose-Wiles Bis. 53 Lorillard (8)... 35% Lous & N'sh (8) 91% MeclIntyre (15 15% Mack Trucks (6) 78 Mugma Copper... 33% Liailinson & Cc... 18% Man E1Sp4).. 40% Man Elecgtd (4) 37% ManhatShirt (3) 364 Manil E1 Co (8).. 98 Maracaibo OM... 27 3414 34% | 31% 814 6214 62% 23% 234 s 1% 83% 83% 24% 24% 21 21 % % 8% 3% 5l 5% 86 86% 4lle 4l 22% 223 83% 83y 107 107 8% 8% 30% 301 1214 124 7% 8% quarterly otherwise or noted Call Money. .... - 251,400 - 480,890 1lam 12m. =] 21% % Moren 1. 23% % 19% 16% 877 2 93 10% 41 1025, . 020 15, 1927 300 Shipments Pest 40% 27% 27% 0% 50% 115w 117 574 674 | 16% 16% % b 52 52 3516 85% 0% 904 15% 15% ::“ ;’.36!/ Wheat. 920,000 8 i | 57 ; The e | 575,000 bushels; 40% ~40% | 37% 37% 36% 36% 93 93 26% 40% | last week vieus week. The totals, | 1ow rela. Open. High dividends are mot included. 101582 U. S. GRAIN EXPORT TOTAL Week, Bushels, Is Official Report. Grain exports from the United States totaled 1,861,000 aguinst 1,430,000 bushels for the pre- bushels. brriey, 261,000, against 107,000; cown, 165.000, against 637.000; | oats, 1,000, agaimt 1,000; rye, 514,000, against 110,000. United States and Ca- nadian wheat flour in transit totaled 277000 barrels, against 311,000 bar- Tow. 46 8% 10 354 395 100 RE%, 116m 17% 17 21% aw 11 sl 46 83% 46% B 11 858, a1y 100 R4 116% 188 8% 218 % 1 6214 116% 36y 49y 101% exira Aigh. 4 Low. Tast. 4 4 HOURLY SALES OF STOCKS. 1pan. -609.300 2 p.m.. 867,900 L TREASURY CERTIFICATES. (Quotations furnished by Redmond & —— Noor Bia. 100 1 100 516 190, 1001 D100 100 1352 101 23.32 1015 1,861,000 bushels. as compared with the week previous, made public by the Department of Commerce today, fol- against | Unitea State | money | Fan | to | | buying, BOND PRICES SHOW U. S. LOANS WELL uP | Foreign Issues and High-Grade Domestic Securities Also Strong. Industrials Irregular. BY GEORG Specinl Dispteh 10 The Star. V YORK, April 21.—Strength in Fovernment loans, for- ome of the higher- investment issuca, kness in indu in spoculativ of UG oign bonds und grude dome scattered we irregularity eharac ties tic rails were today’s hond mar he buving bonds of United coentered whic T the States around mude w ar and a4 new issued in Octo- This is the issue of long- The bidding up of this a high record would indicate in a long period of easy Al the old liberty issues Were SUrong, the nd 1% and the fourth 41 both = c At par again while the tax-exe held their in of last week Although without much advance quotat the market for h rails was firm and for some those just under the highest grade trong. Examples of the last na Virginian Iway % and Marque 5. Fxamples of the named are Atchison General 4s Union Pacific first s in forcign st their recent hi all three issues, made new €hx for the v The dcciine in ew dapanes « xeemed to have detinitely 4. The bonds a4 trn today. Al this a direct tion ol favor- news fro De i Dass of coneern the on b twwen Japan and the Unite = The ‘wesknioss in ind. 1 und_sor lection in honds. not Ably United States Rubber 55 which made & new low record for the year Virginia-Carolina Chemical 75 dropped \ peint and the fertilizer bonds gen- were heavy. The exception International Mercantile Marine which, selling above M, made 4 W high for the ve the tractions there was furiher weakness the Interboreuih s s Speculative rails PRESENTS NEW CODE OF BUSINESS ETHICS U. S. Commerce Chamber Has Scheme to Meet “Material Needs of Mankind.” gov- th high v high since ber, 1922, term e 10 nthe the French 7les h. French b, o 1y the o the fr il Amang wch 1 mankind the Nl necessity th happiness hamber States b cth which sed o ‘mater the smmitte the Unit s for business he mitted chamber ed out a cods Th code will the folle convention of nd on Ma foundatio at Clevel; “The Tence tegrity, fa a business is from efficient which in- iy ¢ servic mutual ber The rendered e nvelved it ¢ business for sorviee o roward risks is a fair prof us a commensurate and foresight exercised Hauitahle conside due in capital. mar the public ness alike 1o age- employes uand Study of Factx and “Knowledge -thorough and s nd the 1 and terpr se rees. pecific “tudy ¢ busine asting cicient arc vidusi suc to the ¢ serv- ice are b fness that knowledge g i ¥ util ized, e establishe etfi- society 1o striv operation. bet- ment and d oppor- mpt ward I business t tering co i t continity ditions o the eff ndividu Consent to rwets and undertakings, writ- be performed in Changed condi- their ¢ consent ing nities of Mutual “Cont do fy mntnal neella- i oserve and pres af goods wld 1 Waste Taber, o con T t effor elimination “Exces: n of ny form materias crable. be made toward its S of every nature—the in- credit. overexpansion, over- overstimulation of sules-—which artificial conditions and produce Wd depressions, are condemned. w competiiion,” embracing all cterized by bad faith, nd oppression, inclul- creial bribery, is wasteful le and a public wron: iness for its suc on of its own service, in sarvic ©lan for Veluntary Adjustments. Controversy will. whera possible, | be adjusted by voluntary agreement | or ir ul wrbitration. “Corporate forms do not absolve from or alter the moral obligations of individuals. Responsibilitics will ba courageon and conscien- discharged those acting entative o by Lawful ness men Zation: ciples mong busi- ul business organi- in support of these prin- of business conduct is com- | | mended. “Lusiness should render restriotive | leislation unnecessary through so conducting it%ell as to deserve and inspire public canfidence. MAY INCLUDE PAVING. Cleveland Considering Extension of Municipal Ownership. CLEVELAND, Ap ¥xtension of the movement for mu- nicipal ownership to include paving i a possibility here. Mayor Townes lias proposed a measure which would provide for a municipal paving de- partment and M. F. Bramley, head of the firm which has done much of the city’s paving in_the last two vears, says he favors having the city rduct fuch a department. “It would cost $300.000 to start such a he added. “but that amount would be saved the first year, Thereafter the saving would exceed 2300.000 annually.” The oity now is engaged in furnishing light. MBI ED | HEEDS. STOCKMEN’S PLEA. Secrehry WIHME Halts Discrimi- nation in Cattle Purchases. An order requiring various firms of Kansas City to cease discriminating against - the Producers’ Commission Association in purchase of cattle has been issued by Secretary Wallace un- der the packers and stockyards act. The order |s against fifty-six com- mission firms, members of the Kansas City Live Stock Exchange, and thirty m of _traders operating on the sas City market. The action fol- lows hearinga STAR, WASHINGTON, trials and | | Beth Steelsf6s... 21 (Special).—| D. C., MONDAY, |0N NEW YORK APRILL_ 21, (Salen are in $1.000.) UNITED 6TATES BONDS. resent ity - weconds. | 954 meuns 08 3-52 ) | “"“"’:;: t_;'; :'4 e Sales Hish Closn | At - Lib 2% 166 B9el1 ;'“""""""fi' - Libistds. ). 1 9926 5| B & Ogoid &n |Lib2aes. " 3 99-26 |B&o6N. ... Libist2%s.. 68 100 DO cu A% - Lib2d 4w, .. 6b6 100 B&Oretss. ... Lib3ddke 100-8 100+5 LAl A Lib4th 434n. 1325 100-1 9931 oy e | USEKs1962. 204 (101=19 101-10 Y R0 s | BKlyn-Manhat 6. FOREIGN. Ann Arbor 4s. . 99-70 . 9128 . #9-11 99-111 1006 100-1 101=16 | BKI R T 78 °21 et Sales. High. TLow. Close | 1tufl R&PILt 4145, 8 1017 101% 101% | 904 904y Argentine 7s..... Argentine 6327, Austriais........ | Belzium 7 wn. .. | Belgium 6. ... Belgium $8. ... | Berngs....... | Bolivia 8a. . Bordeaux 6s. Brazil 7s...... | Brazigs. .. | Brazil T%m | Canada fx 192 | Canada BYss 1929, Canada Hs 1931 | Canada tx 1952 Chile £5 1946, | Chile 8 1826 Chile 8% 1941 Chile 75 1943, .. Chinese Gov Ry 58 Christiania 85 | Copenhagen 5%s. . | Cuba 5%s. Cizechoslovakia 8a. Danish Munic S5 A Danish Munic 55 B Denmark 8s. Denmark 6s Dutch E I5%s. . Dutch Bas: I 62°47. Dutch East I 6562, Finland s f 65 1945. . Framerican T1is. . ¥rench French Haiti6s..... Ttaly 6%s 1926. Japunese 2d 418, . Japanese 48...... Japanese 635 w 1. Jergens UM 6s '47. Lyon 6s.... Marseille 68 Montevideo Netherlands 6s Norway 8s. .. Norw! Norway 6x 1952 Orient Dev deb 6s. Paris-Ly's-Med 6. & Prague TH%s... 1ad North 6w, rad Pac deb 4s.. Cent of Ga 6a. . Car Clinch & O 6n | Central Pacific 4y Ches & Ohie cv ba. Yol | Ches& Oevatgen §1% |Ches & O en 434m.. 0w | M1 & Alton 3a. K014 Chi& Altan 3% 95% EL 100% = 1015 ChiM&StPrf 4t [ChI M & StPev Bs. \:l 49 '25. P ev 4v4s. [Chi M& rl‘u'vz.c, |CM&St P en 4348 | Chi M & SUP 65 wi. |chigNw mm. . $IChI&NW3 ‘rmv).a-.u Chi R1&Pgn CIA |CHIRT & Pacrt 43 107 | ChI T H & SE & 107 | Chi Un Sta 6148 }"I P& Wind Tys.. CCC&SILrf 6aA.. Cleve Term bi%s. . Cleve Term GOs CubaRR 7%s. . £9% | Cuba R R 6s. . 90 | Goe, | Del & Hd istre 4 9h% ;: -‘A l‘hndl‘;(’nl . 14 | Dt United 41es... 9% | Erie 18t con 45 Eris con ext Ts. Erie gen 4s. Erie conv4s A. Erie conv 4 B. Erie conv4sD.... Gr Trunk sf db 6 | Grand Trunk Ts... Gr North zen 7s. .. | ir North gen5i4a. | Favana ERL&F 58 ilud & Man ref 5a. Hud & Man aj 58 Tl Central ref 4s. . 11l Central 5%s.... 111 Cent ref 5s 55, int Rap 1ran Ss. .. Int Rap Tr 6s stpd. Int Rap Trans fs.. Int Rap Tran 7a... fnt & G Nor a3 68 Int & G Nor st 6s. Towa Cent o1 4 fowa Cent 1s Kansas Clty S 23 Kansas City S 6s. Kun City Term 4 Lake Shore 45 '28.. Louis & N uni 4s... Louis & Nash 7s._.. | Louis & Nash Gizs. | Louis & N3s B. 103% 9615 41 91% 111 1061 au7, o o4 1001 981 Queensland 7s. Queensland 6s. Rio de Jan 85 Pi> Gr Do Sul Ss. Salvador 8s 48. . Sao Paulo City §s Sao Paulo State §s. 89% Seine Dept of T 874 S.rba Crotes Slo 83 T Sotssons 6s. . 82 Sweden 6s. uzs 97lq 61% 1087 101 103% 1 974 | Ud Kingm 53537 Cruguay §s..... irich 88 1005 1031 10%% | Manhat Ry co 8 | M& St L 1st ref 4s. M StP & SSM nics. |MK&Tistds. MK&TprinssA. MK&T4sB... MK&T6sC.. mscE\_LANEous Ajax Rubber Ss. .. Am Agr Chem 5. . 11 Am Agr Chem 7%s 14 AmChainsfés'38. 2 Am SmIt&R 1stbs. 6 | Aro SmIt&R 6s.... 3 Am Sug ref 65..... 41 AmT& Tcv 6s 1 AmT&Tcltrbs.. 16 AmT&Tcltrés.. 6 Am T & T deb 5%s Am Water Wks os Anaconda cv db 7 Anaconda 1st 6s... 17 Armour & Co 4%:x. 14 Armour of Del 51 14 Atlantic Refin 5s.. | Barnsdalls f §s. Bell Tel Pa bs Beth Steel 55 53. Beth Steel pm 5s. Mo Pacific 61 Mo Pacific 5: Alo Pacific gn 4s. .. Montr] Tm 1st 5a.. New Or Term 4 NOTex &M in N ¥ Cent gen N Y Cen deb 6s. N Y Cen deb 4 Y Cenri " Cent en 4 08, NYC&StL6EsA New Havenc d 6 New lavend 4s’ ew Haven Ts..... €1 12 16 ¥ rf 4s ctfs ¥ Rys adj Y State Ry 4%s. Norfolk & W cn 4s Norfolk & W cv 6s. orthern Pac 4s... | Northrn Pacr i 6w. Northern Pac 5s D. Ore & Calif 1st os. . | Ore-Wash 1st rt 43 Pennsyl gen 58. | Pennsy) gen 4%s.. *| Pennsyl 6%s. Pennsyl gold Tar Pennsyl con 4%s. . b | Peoria & E inc 45" Det Edison ref 6s.. 5 A Du Pont de N Ths. § {ParoMarqidstsn Duquesne Light 6s | Reading gen 4s.... Sst Cuba Sug T%s. Reading gn 4 psw! mpire G&F 7is. RIArk & Lals... Fisk Rubber 5s.... St L IM&S R&G 4s. LT MES 4529, StL&SFplesa.. SFincés... Foi D... Fadj 68 FplesC.. Istds.... Brier H St 1st 5%a Pklyn 2d gen 5s. .. | Bush T Bldg 5s ‘6. Pete 6ss. Central Leather b3 | Cerro de Pasco Ss. Chile Copper 6s... ol | Commonwth F 6. | Con Coal Md 1st 58 Consumers Pow §s. Cuban-Am Sug $s. Cuba Cane cv d &; Gen Elec deb 5. .. Gen Refractres 68, Goodrich §%s Goodyear Bs 1931 Goodyear 83 1941 | Hershey 63 1942.... | Humpble O&R 5%s. | liinois Bell 15t 3. indiana Steel 58. .. int Mer Marine 6s. Inter Paper 55 '47. .. KCP&Ltbs A 52, | Kelly-Spring 8 Lackawa S b3 '50. . | Liggett & Myrs 7s. | Liggett & Myrs 5s. | Magma Cop cv 7s.. Manati Sug sf T%s Mexican Fetrol $s. | Midvaie Steel 5s.... Montana Power 6s Morris&Co 15t 4 %8 | Nat Tube 1st 5s... w Eog Tel b8 Y Easn 1st 6% N Y Tel 68 '41. NYTel6s'49. N Y Tel 4%s. . North Am Ed 6s. .. North Am Ed 63s. Nor States Pow 55. or States Pow Gs. Northwsr B Tel 7 | Otis Steel 73%4s Ois Steel $s. Pacific Gas & E1 s Pac T & T 1st §s... PacificT & T 53 ‘52 Phil & Rdg C&I s. Phila Co 5%s '38. Phila Co ref Us A. Pierce-Arrew 8 Pierce Oil deb 8 Public Service 6s. Pub Ser Elec 68 wi. Punta Alegre Sharon Stl H 8s. 100% Simulair Oil 78, 91% Stnclair Ofl 6%a. .. 7 Sin Crude Oil 5% 98% Sin Pipe Line 5s. 83% South Bell Tel b8 95% So Por Rico Sug 7 104 Southwest Bell 5s. e 7 96 1027 1075 95t | 113% 9% 100% 102% | 891 9614 614 3135 1024 95 96% 1104 107% 65 9% 86 70 63 102 5% n Dep 5%s 100% [San A & Arn P 4s.. 53 | Seab'd A L ref 4s. £3% | Seab’d A L adj bs. 90% |Seab'd A Lcon 6s.. 97 | Sou Pacific 45 1929 91 | SouTacificref 4s.. 115% | Sou Pacific clt 4=.. 96!, | Southern Ry 1st 63 115% | Southern Ry gn 4s. 100 | Southern Ry 634s. . 102% #8% | Third Ave ref 4s... 95% | Third Ave adj fa 781 | Tol St L & W 318, 981 | Union Pacific cv 6s. 111 105 106% 9414 9215 97 913 1025 | 1075 94 983, 914 9 91te 3% 907, 101% 72 93 109% 90 98% 111 Va Ry & P 1st 58, Wabash 1st 5. Wabash 2d 5s Western Md s Western Pacitic 58 Wheel & L E cn 4s. Whel & LErf 433 ® N.-,.m--...-o':.r.»u..a.e_euym 1lam.. ipm.. 7 | London. pound.. Moutreal. d Paris, frine Tenasels, fra Rerlin, murk. ome. lira. . arich, franc Athins, diachma Madrid, ' peseta: .. Vienns, crown i pest reaw, % baicn, crown tiania, erawn Stockholm, crown By the Associated Pross sluson Tenn Elec Pow Tide Wat Oil 6%: amme changes irregular. s 102% 107% 961, 95% 113% 113% 0% 79% 101% 1003 102i 102% 8913 89 96% 964 63% 61 1% 81t 102% 102% 95 95 96% 963 110% 110% 107% 107% 5% 647 8% 9Ty 88 86 72 70 Unit Drug cv §s. U 'S Rub ist If 5: U S Rubber 7%s USSteelsfhs.... Utah Pow & Lt 5s. Vertientos Sug 7 Car Chem 78 Va-CarCh 7%sw. Warner Sag 76 '41. 4 Warner Sug 78'39. 1 Western Elec 68... 12 1 3 6 on mand, .0 mand, .0445; demand, cables, L e wn828 demand, Sweden, > . demand, 019 00000012 West Union 6% Westinghouse 78.. Wickwire Spen 7s. Willys-Ov 6%s '33. . Wilson & Co 1st 68 Wilson&C ev 7% Wilson & Co cv éa. Winchester A 73%s. 2 102 101% YoungstaS&Tes. 2 95% 96% —_— e Ly The Severn Is the I-cen river in Great Britain: demand, i: 33125 LUDLOW, Mass.. AR~ E N NPT 05 © e raBe A 29 14 Southern Ry 6s ct. 149 L0336: cables demand (per_trillion), . 25 7 | 5 # 1 0 2 242 MK & T ad)bs... 107 9 .14 1 99% | Union Pac 1st 4s... 19 3 Virginia Ry 1st 5s. 84 1921, RAILROADS. 825y 984 71% 104% 100 55% 431 98 90% IBSK 65% 62% , 4.873 4.34%, cables, .0 34 445 % BONDS 7o ] Recelved by Private Wire Direct to The Star Ofice, 102% 102% | 104 97 81% 9% 5% 524 535 7% 94 £6% 2%y 98 7115 104 9% 55% 4 8 897 90% 103% 1034 94% 95 90 91 98y 98y S0 90 6l 613 £5 85 65% 65y 62 62! TOTAL SALES (Par Value): £087000 12 noon 872000 2p.m. & 967005 —_— FOREIGN EXCHANGE. (Quotations furnisied by W Nominal woid value, . 48805 ) 1 8967000 B. Hibbs & Co.) Selling checks today. 488y a8 0036 30 irillion, 4 6y “0i9s 1400 00001 NEW YORK, April 21.—Foreign ex- Quotatioris dollars): (in Britain, de- Xty-day France, de- Italy, de- Belgium, Cdmant, 1886 Denmark, de- Switzerland, demand, Poland, Czechoslovukia, 10296% ; Jugoslavia, demand, Austria, demand, .000014% Argentina, demand, demand, 0% Montreal, 9714, AR ‘CLOSED MILLS SEO!EN a1 April L1416, demand, demand, Greece, demand, 01247 Rumania, deman, i Toki 21.—The mills of the Ludiow Manufacturing Assoctation, employing 2,800, whic closed April 12, resumed operations in all dmuu todl!. | s | general | sure | declive from | eney FINANC TAT. ACTIVITY DWINDLES IN COTTON FOR WEEK Shorts and Longs Confine Opera- tions to Evening Up Commit- ments Prior to Holiday. the Associnted Press NEW ORLEANS, La. April The market was a eompara tively auiet affair during last week although thera nceasional “purin activity wide etuations. ho irts and the'm- waly in advane Faster b cotton longs eontented of the rather protracted days. Longs took ad- 11 buiges to liquidate 2 10 leave as few account over the holid shorts covered reason Although there to speak of for the same existed no pres in_ the market, the was slowly downward, prices close showing a net loss of 85 points for the week and a the highest reached a litthe more than woek ago of neurly 200 points. The principal de- pressing influence was dullness in tha cotton woods trade, buyers hav ing been discouraged from contin- GINE the ghow of activity n. a week ago by the reactionar of the raw cotton market There was _renawed talk of mill eurtaiiment. The March takings by the country® mills amounted to 484.000 bales, 78 per cent of that in March a year ago, when the high trend at the about tend | tion ana |trades record for the post-war period w reached. Stocks in warehouses and manufacturing establishments, which meunt cut three n sup- By at reh rate of consum Xports, are nearly one mil- i bales Smalier than at this time St oyear the COTTON MARKETS. of to 43 NEW marke cline —The cotton today at a de- . points and sold 1% 1o 58 points net lower during the iy trading Under local liquidatic and southern and Wall strect sell| on reports of zond weatl ®outh over the holiday. 3 ed to and October 1o this pressure. but thers spread covering at the nd_the ket showed or 10 poinis from the the end of the first hour Pool market wwas closed 1 The carly decline brought i enoush 1o steady the market with 4 little huving on pros- prects for showering weather in east ern be on the w howeve the weather news was considered f4- vorable and rallies of 10 or 12 points from the jowest were not fully main- tuined ading Was very quiet iate At midday. May was NS and October 40 10 45 points net lower. L market 3 under wide prices Tower A ralijes fowest toward he Liver- day. T ling around or about NEW O ton ndfirst with Thurs- points. The Josses | day’s close of Weather over the holidays was gon- erally favorable and the weather map showed practically no ngs for 1 | bates ing and 1 and Octo points down the previous close, The u was generally bearich After easing off 3 to S po tional at the end of the t of trading, brirging May S0, July to 2782 and October 54, or 16 to 60 points helow previous close, the rket inta duliness that | row witl be & legal notiday here election day, h good deal to with the gene unwillingness trade. as business in the %ot will be aus hour Adown tomaor- i00 sweet new bashet £.0036.00 celery, crate, cuulittow erate, 2 6.00a10.00; hamper, 1024 6,00 radishes, bushel, cate .00 tomators, bushel, 40u50. 4.0 CHICAGO LIVE STOCK MARKET. CHICAGO, April 21 (United States Department of Agriculture).—Hogs 60 to : bulk, 150 pounds, 6.90; largely 6.70a6.90; hulk. good and pounds. 6.00a6.50. Cattle—Receipts, 18.000 h steers and fat she stock m active. menerally steads to strong spots shade higher on fed steers lue to sell at 10.00 upward: steer run: killing quality dium to good; early t : some held hi steers, 8.30a11.00; s comparatively scurce 1k fat cows. 5.5 heifers. 6. na bulls above and below: vealers ble light and ha Ives to packers, choice kind, .00 heep—Receipts, paratively slow; few lambs around steady to 25 lower; goud 1t ed lambs, 16.25; some ield oice olipped lambs. 14.90; bulk fat ped ewes, $.75a10.00; g0od wooled ewes, 11.00. ching s pigs steady 120 136 sows choice beef rately ad largely mostly me- matured her: bulk stockers and strong; st beg % e r kind, 4.75 lower: bulk weight v 75048 - RODUCTS, il 21 (Spe- Spring chic young winters, -— BALTIMORE DAIRY BALTIMORE, Md clal).—Live poultry pound, : youne 25a30; 23a24% 24a30; old roos! ducks, guinea lowl, 20a60. Eggs (Loss off )N and near- tive southern, good 10 a8atl fancy, by d packed, process prints, butter, SHORT TERM SECURITIES. (Quotations furnished by Redmond & Co.) Aluminum C¢ : juminam Co of Amer. American Sugur 6 1937 American Tel. & Tel. Anaconda Uopper 6s 1 5 Anelo-Amer. 01l Tl 1625, Associnted Oil : Bell Tel. of Canndn Canadian Northe: Central Leather Chi., Ml & St Chil, R. L & P Columbia Gas & Du Pout Ths 1831 .. Federal Sugar Ref. Gs 19 Fisher Body Gorp. 6s 1927 Fisher Body Corp. 6s 1028 Goodyear T. & R. S 1931...0. Great Nortbern 7s 1085, Guir Oll Corp. of Pu. 5%s Lm. Humble Oil G%s 1962, Kennecott Copper 7s 1686..... Libuy, MeXell & Libby 4o 1031 L Morria & 8o, Togn ol New York Céatrai 6 1935 regon Short Line 45 1829 Do O Pow & . Ga. i Peuna. K. B. 7s 1030, 1 Swift & Co. b 1962, Tidlewater Ol 6ias Usion Tesk Cav 4 with evening up commitments | | s as possible, o the | of | La 'PLANS OF BANKERS FOR OPEN MEETING Willard Hotel Scene of Gathering of Local Financiers Next Monday Night. BIG ATTEN’DANCE ASSURED | Review of Today's Business on Local Exchange. The | Hoter the open lankers’ | night ar & this morning president | room, it first-oor street Outside have nor Mr. Ha pron time Willard room been chosen at the the the Bext v Willard site of meeting of t Associ Distri Mon, onneed on o'clock. it by of the was explained baltroom Harry Hayne Th assaciat speakers a5 ¥or been nes, bhut tw be This week the association will make which will he fall ris of all dress. wed by sem standing and the final rep. cial convention ports w Sulphur Springs th be- e acle airead A b week's e ! tees incident t the had submitted ired, upw tex hav i pper Wil Eixe uneil to Meet quotations ruli n Merch nd Bar Before You Invest—Investigate. It's queer how careful a man can be after he's lost his money b |Martin says that a man who is [ouiishea ™" wiim 6 per cent and his money are soon parted. 1923 INCOME, $47.320.452. Delaware and Hudson Railway's “Biggest Year” in Gross Revenues NEW wars VORK. April 21 el 6 resuited from and would have heer Lorse, president. sser compulsors e divisions of Net inconi pared with a ar b f sauiv Seiit on S0 ¢ “With rupt proxin Operatin XIS ounted to HAS REFINANCING PLAN. Pierce Oil Corporation Announces Proposal to Stockohlders. Refinancing of one of the and oldest oil companics in i try along lines t w aflfes lurge number of its siockh many whom. it s said this i announced ation Pierce Oil are now being asked consent by is caleulated furnish t tion with new m t of pressing liabilitics and 1o funds for necossary Hmprovements 10 its refinerics and marketing s tem, without assumption of fixed charges. | “hespite recent unfaver tions in the industry cap under which the b n working, it | > operating at 1 Briefly., the plan | anizati k) under uch name Petroleum poration 000 shares of no par This company will acquire all and liabilities of the old | and will issue to the old corpe between a minimum of 1,100,000 maximum of 1200060 sl |its own stock. The 1,300,000 shares will be stockholders at $7 share For share subscribed for by the ter, one one-thirteenth of a share new stock will b led 1o the minimum of 1.1¢ mentioned above. HIT SHIPPING BOARD. on College Vacationists Workers Resented. BALTIMORE, April 21 Local shipping men pro cent announcement by the Shipping | Board that college men on vacations would not be given employment on Shipping _Board vessels, on 1t erounds they consider it a lark are jrresponsible and incompetent. America will never develop. as a maritime s the yeuth of the conntry the se avcording to Chie Stein of the Black T The Shipping Board position that colleze men o to for “joy rides” Auring vacution, & interrupt the handling of ships jeaving suddenly without noti bureaus have been notified to courage these youths when they sec berths on vessels. The Shipping Board could do no better service than in training voune Americans to follow the sea, Mr. Stetn contends. Several college men who have gone to sea during the summer for the last three years have proven to he better workers than their shipmates, he said. larsest G- tire slders, Jive in cory 1o the oxy Pl Mo condi- the M corparation has iny valnk i and of of offered Lo Ban as (Special).— the re- nd is_at by dis: k