Evening Star Newspaper, April 24, 1924, Page 28

28 FIN MARKET ADVANCE SUFFERS REVERSE Early Substantial Recovery in Stock Prices, Which Is Followed by Reaction. OFFERINGS SCARCE Trading Shows Partial Change in Sentiment. REAL Latest BY STUART P. WE Special Dispatel to The Star. NEW YORK, April 24 exch today a furthe nifi On the stock urred in the followed by I reaction in the late trading. the forenvon m the buyin and when this ard movement slack the rebound prices to the highs of was sufficiently exten- that there were T rating to bring about sntiment. ¢ which & n continued 1 further n pr recoy oe early hours of husiness, part The impulse mainly e upw Neve Monda rilicless low » indicate Tue: Wed- perations had be had substantial : this, ded the aper: poin indieael ot 011 Surprixes, d in crude oil weekly com- unpl the oil s under the and the Jlenm cross- | unt ter, of the re published antial the o rnia came and quite | from | to- | and | ANCIALDL Alr Reduct (4).. Ajax Rubber. ... Alas Gold Mines. Alaska Juneau Allled Chom (4) AIC & D pf (7). Allis-Chalm (4). Am Agri Chem. . Am Agri Chem pt Am Beet Sug (4). Am Can 16). Am Chain A'(2; Am Drue Svnd % (7). Am Hlde & Lea... Am Hide & I. ot | AmInternatl..” Am LaF ¥ | Am Ligsrea Am Locoma Am Rad | Am Sar g (500, Am Ship & Com AmSm & Re (8) Am Stl Ritys 13) Am Sugar. Am Sugar pf (1) Am Sumat Tob. . Am T & Tel (9) . Am Tobae (125, Am Tob B (12) . Am Tob pt (6) .. A Water Wia AmW W pr (6). Am W W st (7) Am Wonlen (14 Am Writ Pap pf. | Anaconda...... Arn Cons & Co. Aseo Dry G (5) Lesn O 13 ALT& S Fe ( |aT&sFprs. | Atl Birm & At At Comst L (1) .. | AtGurewr At Gulf & W I pt. Atlantic Ref (4) Austin-Nichols. . Bald Loco (7). . ' & ORL, (51 ang & Arpf (7) B'ch Nut (2.40» | tietn Steet (o) . - Fith St e (7). Heth Stlpf (8). Brrk Edivon (8 | S k-MunTra Br'kn-M: Brklvn L‘h G4y Buff R& 1 (4) | surns Br 10y Butte & Supericr do O&R sl Packing (6 | Cal tret (1%) Callahan Z lead alumet & Hecla 10 | Eont s Cen Rib M Chi»s & Ohio (4) Chicago & Alton Chic & Alton pi. Chic & East Il | Cliic Gt West.. new Lorills ) following position, i point- higher Speeial Operations tively resumed Iron Pipe rding The abrupt rise in set down Lo covering had failed to take o things were going and motor with and so did cquipment the t more a was paid to them, especiall medium and lofver priced HOPE FOR TAX REDUCTION. Wall Street Influenced by Senate Action on Soldier Bonus. I Tress. K, April 24—Stock wd their movement to higher ground ai the opening of to- stock market under the impetus ive short covering. National advanced 2% in reflection of nt stock dividend and Good- ubber preferred and General oved up about 1% oi els, motors ionally of ac Supply t of the improved frac f that enate's 1 option dment bonus Lill would enhance th s of the tax reduction bill w eflected in the brisk ocks, more tha: a point or me American Can, Baldwin, Amer- r preferred, Pan American : Houston, Gulf States Steel, Allied al and onal Lead were imong the issues to rule 1 to 2 points ier. Virginia Iron. Coal and Coke, ‘which dropped 2 points to 4 1924 low, and Corn Produ off 1, were the only conspicuous weak spots. Foreign exchanges were tionary The w the in the an Te- espread publicity unus 1ly large short interests parently frightened many bears to covering their commitments, the gemeral list displaying a strong tone throughout the early trading. were built up on the report of the Ame n Petroleum Institut show- ing daily reduction in production of rly” 21,000 barrels : the week April 19, a dozen stock that group point or more above yester- inag_quotation, inciuding Mar- hillips Petroleum, eneral Asphalt. Marked gth also developed in the sugar, tor and leather groups, American Sugar Refining, suth I'orto Rican Sugar, Stewart Warn Yellow Cab, Central 1 ther preferred and Ameri- can Hide and I ther preferred being among the many issues to stand out with gains of a point or more. Call money opened at 4 per cent. N. Y. Stock and Bond Averages. Wednesday, April 23. S I“OCKS. stock sales, given to arl sold duy" and, den Pacific 702,100 nty industrials 91.45; met gain, 1. High, 1924, 101.24; Twenty railroads .67; net gain, .09. Y High, 1924, 86,32; low, 81.00. BONDS. Total bond sales (par value), $9.681,000. Ten first grade rails averaged 86.65; net Joss, .08, Ten secondary rails averaged £4.75; net gain, .05, | Ten public utilities averaged §7.42; net unchanged. Ten industrials averaged 92.90; net gain, .19, Combined average, 87.93; net gain, .04. Combined average month ago, 88.31; year ago, 86.63. averaged low, 90.28. averaged on | the | on | Oils | Chic Gt West pf.. Ch Mii & St Faul. | Ch Mil & St pt. | Chi & Nwn (). Ch PneuT (5). | Chiz R 1 & Pac | Chi Yellow C (4). | Cnile Cop (219 | Chino Copper. ... | Cluett, Peab (5. Coca-Coia (7). | Colo Fuel & Lron. | Colo Southern. .. ColG & E (2.60). | Col Carboa () Com In Tr pt (7). | Cougoieum (3) Consol Cigar. . . . | Con Cigars pE(7). | Consoi Gas (5) . | Consol Textile Cont’Ins (6) . Cont Can (4) Contl Motors(20c) Corn Prod (10, Corn Pred new . | Cosden Co. .. Crucible St (4) | €nb Am Sug (3). Cu Am Su pf (7). Cuban Gane Sug. Cub Cane Su pf. . Cusamel Fr (4).. Dan!Boone M(3) | Davidson Chem Del & Hud (9). De! L& W (6)... Dome Mines (2) Du PtdeN (8)... Du P de N db (6) Cast K (15%) ... aton Ax (2 60). Stor Bat (4). . End-John (5) | Erfe..... | Erte 18t pf | Erie 2a of. | Famous Pt ¢8). ... | Fifth Av B (64¢) | Fisher Bdy (10). Fisk Rubber. | Fisk Rub pf . Fleischman (2). | Foundation (6). Freeport-Texas, | G=n Acphalt. G(’n Elec (8) . | Gen Ei spe (60a) Gen Mot (1.20).. Gen Mot pf (6) . Gen Mot db (6) . 1 Gen Petrolm(7). Gen Refr (4). Gimbel Bros. Goid Dust w. Goldwyn Pict. Goodrich. . Goodrich pf (7) | Goodyear pf. . | Grauby Consol. | 3t North pf ¢5) | Gr Nor Ore (3) Grt Wstn Su ( Gr Canan Cop. ... Guantan Sugar.. Gult St Stl (5).. Hartman Co (4). Hayes Wh'l (3).. Housen'd Pr (3). Houston Oll..... Hud Mot C (8)... Hupp Mot C (1). Llinois Cent (7). 11 Cent pf (6) . .o Indep Oil (25¢). Indiahoma Ref. . Inland Stl (2%). Inspiration Cop. Interb Rap Tr. .. | Int Bus Ma (8). Int Cement (4).. ot Com Eng (2) Int Mer Marine.. Int Mer Mar pf... Internat Nickel.. Intergat Paper. . Int Rys C Am (5). IntT&T (6).... Invincible Ofl. Jones Bros Tea.. Jordan Mot (3). Kan City South. Kan C So pf (4) Kelly Spr Tire. Kelly Springfd pf. Kelsey Whi (8). Kenne Cop (3) ... Keysto.e T & R Kress SH (7). Laciede Gas (7). Led Rub & Tire.. Len Val (3%) Leh Val rights . Lig & My (new). Cima Loco (4).. Loews Inc (3) .. Loose-Wiles Bis. Lorillard (3)... Ludlum §tl (2 Mclntyre (1). Mack Trucks () Mallinson & Co. .. Man F1 Sup (4) Man Elevated. . .. Man Elec gtd (4) Manhat Shirt (3) Maracaibo OIl.. Market St Ry. | Mkt St Ry prof. Open, 40 48 60t Y4t 107% 1115 15% o (6 811 aa 107% 1 624 31 90 a7 64 166 334 1% 58 82% 98% 13% BB 63% 24 4% 109 114% 16 120 86 107 16% 56% 60 24% 2% 27% 69% 11% 211 6% 46% 50% 70 % 387% 211 10% 18% 82% B2% 40 47 50% 32 15% 21 2% 43% 13% 65% 274 92 12% 8% 6716 85% 86% 32 637 23% 12% 1017% 105 ™ K3 33% 24% 21% 874 41 22% 9 33% 12% 87 45% 63 13% 22 23% 19% 5% 16% 50 814 38% 2 3156 964 10% 40% 28% 51 59 16% 64 85% High. 1% 167% 833% 824 53% 2% 984 13% 20% 15% 78% 19 40% 5% 87% Low. Close. 1% 6 i 1% 69 113% a 87 23% 40 99 23 41 THE EVENING NEW YORK STOCK EXCHANGE Received oy Private Wire Disect to The Star Office Open. High. 34% 11% 5% 324 41% 11 85% 20% 20% 21% 3% Low. Close. 38% 11% 85 324 41 11 854% 20% 19% 21% 3% 10% 313 123 38 62% Marland Ofl. . Marlin-Rockwell Martin Parry (4). Mathieson Alkall Maxwell Mot A... Maxwell Mot B. May Dpt 8t (5). Mex Seabd ( Mex Sbd ctfs 50c, Miami Cop (2). Middle St OIl. Minn & 8t Louis.. Mis Kan & Tex. Mis K & Tex pf. Missourt Pacifie. Missouri Pacpf.. Mont Power (4). \iontgom Ward. Moon Mot (3). Mother Lode (1) Munsingw'r (3). sh Mot (18%). Nut Acme. . Nat Biscuit (3). Nat Dairy (3)... Nat Dept Stores. NatEn & St.... Nat E& S pf (7) Nat Lead (8) Nat Supply (2) Nev Cons Cop. NOrT&M ( N Y AIrBr (4).. NYABrA (). N Y Central (7). N ¥ C-Ready rts. N'Y C & StL (6) Ny C&SIL pr(6). N ¥ Dock Niag F P pf (7).. Norfolk South . Norf & W (18) . North Amer (2) North Am pf (3) North Pac (5) . .. Nov Scotia Steck. Okla Pr& Ref... Ontario Mining pheum (13%) .. Otis Elevat (8) ckard (1.20) ard pf (7) n Amer (4) . Pan Amer B (4 venn Railr'd (3) enn Seab Steel Penney JC pf (7) wre Marg (4) . Pere Mar pt (5 il Co (4) . “hila & R& L. *hila & R&I ctfs. 111 Mor (50¢) .. hillips Pet (1) t'lerce-Arrow icree-Arrow Dt ierce Ofl. . Iierce O1l pf. I"itts Coal (4, Pitts Ut pf 1.65. . LS & West VA i'ress StIC (4) . rod & Refiners ub Ser NJ (4). uliman Co (8) .. 'unta Al 8u (5). Pure Ol (1%) . Ray Cons Cop. .. Reading (4). iteading rts. Rtead 2d pt (2) . mington Type. vp Ir & Steel teynoids Spr (2) Key Tob B (3).. oy D'tch (3.46) StJos Lead (12) 5t 4. San Frao. .. St L-San Frpf. st L Sothwest. St L S'th pf (5) Savage Atms. ... chulte (§8) . seaboard Alr L. Scab'd Air L pf. Sears Roe & Co., Seneca Copper. Shattuck-Ariz. Shell Un Oll (1) Simmons Co (1) . Sinms Pet. Jine Con OII (). sin Con O pf (8). Kkeliy Ol sloss-Sheff (8) S0 P Kico Su (6) 140 64 South Pac (6) ... Southern Ry (5). Spicer MIg. . ...« StOll Cal (2)..n StOH N J (1) StOl NJpf (7). “tew't War (10) Stromberg C (8) . >tudebaker (10) studebaker wi.. subwarine Boat.. ~uperior Oil..... Sweets Co of Am. Tenn C & Ch. xas Co (3).. Tex Gulf (16%) Lexas & Pacific. . rex & PacC&O. Tide Wat Ol (4) Timken (13%)... Lub rrod (6).... Iob Prod A (7) Iranscont Oll. .. Union Oil. ... Ca Pacific (10) uUn Pacpf (4). Un Tank Car (5) Cnited Drug (6). Utd Fruit (10). Utd Ry Invest. uUtd Ry Invest pt. U S Cast Iron P.. USCIP Pt (7). u S Ind Alcohol. USR&Im (8) U 5 Hubber. . US R 18t pf (8) J S Smelting..... U 8 Steel (15% U S Steel pf (7) .. Utah Copper (4). Utah Securities.. Vanadium Corp. Van Raalte. Va IC&C (3% Va IrC&C Dt (5) - Vivadou (§2). wabash.3. wabash pLA.... Wald Sys (1%) .. Web & Heilb (1). Wells Far (2%) . West Pen (4) West E1pf (7). West Maryland. Western Pacific. . West Un Tel (7). West Pac pf (6) west 1 & M. (4) Wheel & L Erie. . Wheel & L Er pt.. Wh Eag Oil (2) White Mot (4). 26% - 62 Wickwire Sp Stl Wilson & Co. Wil & Co pf Willys-Over! . Willys-Over pe. ... Woolworth (8).. Woolworth wi(3) W’th P DL B (6).. Wright Aero (1. wrig W Jr (3). Yellow Cab (3) tPartly ext Dividend rai 2% 9 34 84% 663 812 79 62% 10 6% 54% $Payable in preferred stock. As given in the above tubi are the annual cash payments based on the terly OF Jult-yearly declarations. erwise noted, extra dividends are not included. £ e High. Low. Last. Call Money...,. 4 31 3% HOURLY SALES OF SJOCKS. 1lam.....288500 1p. 451,600 12m .324,700 2 p.m.. 576,600 BALTIMORE DAIRY PRICES, BALTIMORE, Md., April 24 (Spe- clal).—Live poultry: Young chickens, ! pound, 25a35; leghorns, 25230: win- ter, 40a45; springers, 40a55; old hens, leghorns, old, 23a25; old roost- 6; ducks, 22a28; pigeons, pair, s, 45a50; guinea fowls, elch 30a60. Eggs (loss off)—Native and nearby firsts, dozen, 23; southern, 22; duck eggs, 30. Butter—Creamery, good to fancy, 35a39; nearby creamery, 33a37; prints, 3%al; ladles, 25a30; rolls, 26a28; ore-packed, ' 24a25; ' dairy prints, 5a28: process butter, 33a3i. STAR, WASHINGTON HIGH-GRADE BONDS COMMAND ATTENTION All Best Issues in Preferred List and Attract Vigorous Buying. LIBERTIES AT NEW HIGH Jugoslav 8s Feature of the For- eign Offerings. BY GEORGE T. HUGHES. SpeciadDispatch to The Star. NEW . YORK, April 24.—The strength in Libertys, which has been the feature of the bond market for the past week or more, was extended today to other high-grade investment securitics. Buying of United States government loans continued in heavy volume and new highs for the year were recorded for the second and fourth 4% Libertys. Dealers in fed- eral land bank bonds reported | strength in this market also. Th most significant development, how ever, was the transfer of interest to the 'old-line savings bank, railroad bonds and prime industrials ‘Atchison general 4s, for instance, sold at 88 for the first in a long tim® ~ New York Central s equaled the high of the ¥ while New York Central 3%s up even more casily. mples were Union Pacific first 4s Oregon-Wash- ington Railwas avization 4s and, among ind ephone and Telegraph debenture and In bonds also w ; Call Money at Low Mark. Money continued casy. Not only was call money down below 4 per cent. but thne funds were in supply at 415 per cent. This condition, to- wether with the successful placing of new offerings. even when priced to e u eomparatively s were the Southern Pa trust certificates, combi about a very cheerful fe bond dealers and traders. In the foreign list the feature wa the Jugoslay 8s, which made a new | high for t bettered th and the new Japa equipment d to bring ling among % | Still further from their slump. F issues reacted a taking. little under profit- in the me time heavily s, ail d D, w and Te ionally was shown ails than for ie prior lien 4s w, onvert adjustments advanced frac heavy transactions dustrial rnational firm. but n irregular Mar £ Su recovering or 58 W Wickwire Spencer Steel ow. | 7s sold lower. S . 83, 900 000 BACK TAX PAID. NEW YORK of |the American Can Company have an- nounced that a claim for $3,900,000 in federal back taxes had been paid to |the government and that the amount had been provided for through deduc- tions from earnings in previous shown as contingent liabilities nnual statemen tran: action would have no b earnings, it was stated. While officials of the compa: [clined to say whether setion wa: templated to determine the le |of the transaction, the government jclaimed it was exp ed in the finan- cial district that suit would be filed in the court of claims to recover the money E"e(h—rul aggrezated {the company did not expect be cailed upon to pay the full amount was indieated Iy the fact that the statement of vuntml.t"l lia lle' inciuded onl. reserves. This regular reserve for feder: ried as a current liabili |BANK OF FRANCE CHANGES | PARIS ~The weelk {ment of the nk of France the following changes in fran |in hand, increased 220,000: silver in hand, increased 260,000; in cir- culation, dec 1190, |ury deposits, decreased leral deposits, decreased 5 ibills discounted, decreased 91,948,000 s, decreased 39.656,000; to the state were unchang t would ‘WEEK'S FREIGHT LOADINGS. Revenue freight loading for the weck ended April 12 totaled 531,290 |cars, the American Railwa tion eported today. Increa loading of coal, miscellaneous fre ‘n\erchandis , ore and and | productc caused an incre: cars over the precedin; {loadings for the week w the same week a year a TREASURY CERTIFICATES. (Quotations furnisied by Redmond & Co.) 45 June 16, 1924 53¢ June 1. 1924 5is Seatember 1 % 1 1 100 11-32 100716 D003 1003 100 %532 100 2 101 11 100 17 2 101 29-3: 101% SHORT TERM SECURITIES. (Quotations furnished by Redmond & Co.) ~—Noon. Bid. Offer. 1015 100716 101 2 L1011y September 1 Mareh 15, Aluminum Co. of Amer. 75 1925, 102% Zauminam Co of Amer. 7s 1933, 104 American Sugar Gs 185 Du_ Pont 71 Federal Sugar Itef. 6 1083 Fisier Loy Corp. s 1 Fisher Body Corp. 6s 1928. Goodyear 7. & R. 8s 1931 Great Northern 936 Guif Uil Corp. of P Humble Oil Gs 1932 Benuecott Copper 7s 1930, MeNeil & Libby 7s Oregon Short Line is 1929, Peuna.-Ohio Pow. & Lt. Gs 1926, Penna. K. R. 75 1030, 1 Swift & Co. bs 1052 Tidewater Oil 6is. Union Tank Car U, 8. Rubber 7 Wesiern Union Giss 193 4 Vestinghouse k. & M. 76 1881 10715 Wheelluz Steel G5 1936, Wiy —_— FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal Selling old value. checks today. 4.8665 4.37% 1w sy a3 ookt ‘0554 .30 trillion. 0445% 1774 ‘0195 ‘1410 London, pound Moutreal, dollar Paris, franc Brussels, fran RBerlin, mark Rome, lira . Zuricli, franc ‘Athens, drachi Madrid,, peseta ... Copenhagen, crown Christiania, erown Stockholm,” crown ——— Cigarettes rolled in papers of va- rious colors are on sale in New York. They are intended for the use of women wko like their. smokes to match their frocks. 1 return, as | .| Cuba Cane cv - Det Edison ref 6s. ad- | D. €, THURSDAY, (Bales are in $1.000.) UNITED STATES BONDS. (Fractions represent thirty - seconds. Example: 98-3 means 98 3-32.) Bales. High. Low. Cloms. 420 99-24 99-12 99 3 100 99-28 100 50 1005 100-1 100-2 1359 100-3 9931 100-2 . 1606 100-12 100-8 100-12 Lib 4th 4%4s.. 1806 1004 100-2 100-4 US4%s1952. 160 101-17 101-16 101-18 FOREIGN. Bales. High. Argentine 7s... 3 101% Argentine 65 '37 90% Austria 90% Belgium 101% Belgium 8 102% Bern 8s. 109 Bolivia 8s. RQK aov. 95 991, 100% 101% 100 100 103% 103% 961 90 93% 9% 106% 6 108% 95% 87% 943 94 894 91 99% Low. Closs. 101% 101% 80 90% 90 90% 101% 1015 102 102% 109 109 88 Brazfl 8a. Brazil T%s Canada 58 Canada G%s 19 Canada 58 1931. Canada 5s 1952. Chile 85 1946 Chile 8a 1941 Chile 7s 1943 Copenhagen 5% Cuba 5%s. DutchEI15 | Duteh Ea Dutch East I 65'62. Finland s f 6s 1945. . Framerican 7%s. . French Govt §s. .. French Govt 7%s. Haitl 6s. . Ttaly 6%s 1926 Japanese 1st 4 Japanese 2d 4%s. . Japanese 4; | Jergens UM 65 '47 | Lyon 6s. . Marseille 6: Mexico bs. Netherland Norway 68 1952. .. Orient Dev deb 6s. Paris-Ly" Prague 7% Queensland 6: Rio de Jan 85 19 | Pi> Gr Do Sul 8s.. Saivador 8s ‘48. Sao Paulo City §s. | 8a0 Paulo State 8s. | Seine Dept of 78.. 36 Serba Crotes 816 82160 Scissons 6s. . | Swiss Confed 8 Swiss 5145 194 Ud Kingm 53%s 29 | Ud Kingm 5% | Ud Steam Copen 6s | Uruguay < | Zurich §s. | MISCELLANEOUS, | Ajax Rubberss... 2 79 Am Agr Chem bs. . Am Agr Chem (143 30 | Am Chains f 6533, | Am Cotton Oi1 5: Am Repub deb 6s. . Am Smit&R 1st6s. 8 Am SmIt&R 6s.... 10 | Am Sug ref 6s. 67 AmT&Teltrbs.. 1 AmT& Tcltrds.. 25 AmT & Tdeb5k%s 64 Anaconda cvdb 7s 10 | Anaconda 1st 6s... 50 Armour & Co 41:s. 12 Armour of Del 5%s Atlantic Refin 5s.. Barnsdall s £ §s Bell Tel Pa 5s. Beth Steel 5148 Beth Steel rf 5s. .. | Beth Steel pm 5s.. Heth Steel s £ 6s. .. | Brier H Sy 1st53s | Bklyn Edison 7s D BKlyn Ed gen 5s. Bush T Bldg 55 60 Calif Pete 6%s. Central Leather 33 Chile Copper €s. .. Col Gas & El | Col Gas & K1 58 sta. Commonwth P 6 Con Coal Md 1st 58 Consumers Pow bs. Cuba Canecvd sa. et o sanaiaan s o 40 3 | Donner Steel 7s... 1 | Du Pontde N T3s. 14 | Duquesne Light 6s 7 Est Cuba Sug T%s. 2 Empire G&F T%s. 6 Fisk Rubber 8s.... 16 Gea Elec deb 5s... 39 Goodrich 6% 3 Goodyear 85 1931..113 | Hershey 63 1942... 13 Humble O&R 5%s. 2 illinois Bell 1st 5s. 17 Indiana Steel 6s... 15 Int Mer Marine 6s. 70 Inter Paper 58 "47... 7 KCP&LtbsAS2 Kan G & El 68°52... Kelly-Spring 8s.... Lackawa S 63 °50. . Liggett & Myrs Os. Magma Cop cv 7s.. Manat! Sug sf 7 Marland Oil 7 Marland Ofl 85 '31. | Midvale Steel 5. .. Montana Power 53 | Morris&Co 18t 4%s | New Eng Tel 5s... N Y Eusn 1st 6%; NYG EL H&P bs. NYG EL H&P 4s.. o 4 105% 94 925 96% 9215, 107 931 98 9% 91 101 935 1011 2% 1094 90 9874 111k 100% 90% 86% 98% 98 82% 104 9314 104% 104% 95% 95% 1075 1075% 95% 95u 113% 113% 79% 80 101% 101% 1025 1027 89 89 96 96 61% 61% 31Y% 31% 102% 102% 95 95 96% 96% 1075% 107% 63% 634 9% 9% 86 85 62 62 62% 60% 60% 101% 102 101% 6% 5% %% BAR SILVER QUOTATIONS. NEW YORK, April 24.—Bar silver, 641 ; Mexican dollars, 493, LONDON, April 24 —Bar silver, 33d per ounce; money, 2% per cent. ' Dis- count rates: Short bills, cent; three-ménth bills, 3 per cent. The mysterious “palolo,” a tiny fish found off the coast of New Zealand, can only be caught at dawn on one ticular day of the year, when they Jise to the surface of the ‘sea for two ui North Am Ed 6%s. Nor States Pow Northwst B Tel 7s. Otis Steel 7%s. Otis Steel 8. Pacific Gas & E1 bs PacificT & T 68 '52 Pan-Am Pete 7s. .. Phil & Rdg C&I 6s. Phila CorefGs A.. Pierce-Arrow 8s.. Producers & Rf 88 Public Service 5s. . Pub Ser Elec 6s wi. Punta Alegre 7s.... Sharon St1 H 8; Sinclair Ol 7 Sinclair Oll 638 Sin Crude Oil 53%s. Sin Crude Oil 6s... Sin Pipe Line 5s. 8o Por Rico Sug 78 Southwest Bell 5s. Steel & Tube 7s... Tenn Elec Pow 6s. Toledo Edn 1st 7: Union Bag & P 6s. Unit Drug cv 8 US Rub 18t r£ bs U S Rubber 7%s. USSteel s £ bs. Utah Pow & Lt Vertientes Sug 7s. Va-Car Chem 7s... Va-CarCh 7%s w. Warner Sug 7s '41. Warner Sug 7s'39. Western Elec 5s. Westinghouse 7: Wickwire Spen 7s. Willys-Ov 63%s '33. . Wilson & Co 1st 68 Wilson&C ov 7%4s. Wilson & Co cv 6s. Winchester A 7%s Youngstn S& T 6a. o B P I P LS DR =P P e @ 4 -,.g._mti._ma 95% 113% 80 101% 102% 89% 96 61% 31% 102% 95 96% 107% 64 98 86 6714 —_ @ snaninBensiad 1-16a3% . ] . APRIL 24, 1 . thery I ON NEW YORK BONDS STOCK EXCHAN(‘JII Received by Private Wire Direct to The Star Office, i van Raalie, Tne., q, i 2%a3 per ! 924, RAILROADS. Sales. High. £8 81 833 Atchison gen 4 Atchison ad] 4 Atlantic C L cl 4 B&Oprini%s 14 26 B&Oref5s. R&OSW div 3%s. B & O Toledo 4s. .. Bklyn-Manh; Buff R&PItt 414s. . Canadian North 7s Canad Pac deb 4s.. Car ~linch & O 5s. Car Clinch & O 6s. Cent of Ga 6a. Cen'ral Pacific 4s. (hes & Ohic cv 58. Ches & Ocv 44s.. Ches & O gn 435 . i B&Q gn 4s'58. Chi B&Q ist rf bs. Chi& ETN gn 5s.. i Great West 4s. C M & Puget Sd 4s. ChiM &St Prf 4 Chi M & St P cv 6 ChiM &St I 4s°25. 5 Chi M&S P cv 41es. Chi Rys bs. ChIR1 & Pacrf 4s ChiTH&SE 5s... Chi & W Ind Chi & W .. CCC&SILrf 68 A.. Colo & Sou 434s. Del & Hdistrf4n. 8 Del & Hudson 5%4s. 6 Den & Rio G cn 4s 191 D & Rio G imp 5s.. 19 D&RGstrfbs... 43 Det United 4% o7 @ 15t con 4 44 2 con ext s 3 £en 43 e conv 4s A e conv 4s B e conv4sD.... r Trunk sf db 6s. rand Trunk 7. Gr North gen T v North gen ireen B & W db B. iTud & Man ref 5s, Hud & Man aj 58 11 Central ref 4s. 111 Cent ref 5s ‘1l Central 5%s. nt Rap 1ran int Rap Tr Gs stpd. int Rap Trans 6s. int Rap Tran 78 (nt & G Nor aj 6s. Int & G Nor 18t 6s. Towa Cent 1s nCity FtS 4s nsas City S 5u... Louis & N 68 B Manhat Ry cn 4s.. L 18t ref 4s. 4 StP & SSM vles. M StP & SSM cn 4s. MK&Tist4s..... MK&TprinbsA. MK & TdsB. MK&T6EsC MK & T ad)j 58 Mo Pacific 6s. . Mo Pacific gn 48. .. Montrl Tm 1st 5a.. New Or Term 4s NOTex & M in 5s. NY Cent gen 3% Y Cen deb 6s Y Cen deb 4s. .. N Y Cenrids N Y Cent en 4595, NYC&StL6sA. N Y C &St L debds ew Haven cd 6s. New Haven 7 Naw Haven 7s fr. N Y Ont & W ref 4s New York Ry rf 4s Y Ry rf 4s ctfs York Ry aj 5s. adj 58 ct.. ¥ Y State Ry 43%s. NY W & Bos 4745, Norfolk & W cv 6s. Northern Pac 3s Northern Pac 4s... > orthrn Pacr i 6y. Northern Pac 5s D. Ore-Short L ref 4s. Ore-Wash 1st rf 4s ‘ennsyl gen 68.... Pennsyl gen 4% Pennsyl 6%s Pennsyl gold 7 >ennsyl con 4 Pere Marq 1st 5i Reading gen 4s Reading gn 4 Rio G West cl 4s.. St L IM&S R&G 4s. StL I M&S 4s°'29. StL&SFpl4s A 1 9 = Seabd AL ssta.. Seab'd A Liref 4s. . Seab'd A L adj 5s. Seab'd A Licon 6 Sou Pacific ret Sou Pacific clt 4s. . Southern Ry 1st 63 Southern Ry &n 4s Southern Ry 6% Southern Ry 6s ct. Sou Ry Mobile 4s. . Third Ave ref 4s Third Ave adj fis Union Pac 1st 4s Union Pac 1st rf 4s Union Pacifc cv 6s. virginia Ry 1st 53. Va Ry & P 1st 58, Wabash 1st 58 Wabash 2d 5s.. Western Md 4s. Western Pacific 68 West Shore 1st 4s. Whel'& LETf 4%s TOTAL SALES (Par Value): Ilam.. 2665000 12 noon 5471000 1p.m.. 7341000 2p.m... 9707000 DIVIIIEN’DS. Pasable. Pure 0ii Co., Tine 1 Peona R. T . May 31 Mexican Seabourd Oil, May 15 (This resumes dividends previous rate. Last auarterly dividend of Soc was paid June 1, 1923. 4m Tel & Cavle. a, 15 N. Hamp. & Mass. E 4¢ com.. at - May 1 April 30 was paid.) Bkiyn. Edison Union Bk. Canads < e _ Juno June Lom. Jane 19 + May 15 + May 10 May 21 May 17 May 17 May 31 April 30 April 22 Nolk West By, o, 3.7 Domin, Bridge L, 5 . Aug. Pac Gas & Eiec'q. $1.50 pfd M-;lg e $12,676 IN DIVIDENDS. 50 Per Cent of Sunshine Home Claims Paid. NEW YORK, April 24—A 50 per cent dividend totaling $12,696 was paid on claims of twenty-six persons who proved that they had invested their money with the Sunshine Homes and Concrete Products Company for the purchase of poured concrete dwellings which they charged were never delivered: District Attorney McGeeban, who made the payments, also gave in- vestors sccured notes for the balance of their claims, warning them to be- Ware of “wild cat investments." Ave 3 } | but there | mand for FINANCIAL. UNDERWEAR TRADE TOPIC Manufacturer Says Baltimore Leads Country in Industry. BALTIMORE, April 24 (Special).— In the umderwear manufacture in- dustry Baltimore ranks first in the country, according to Leonard H. Weil, president of the Varsity Under- wear Company. Not only does this city rank highest, but in several pop- | ular brands of underwear it is the ex- clusive manufacturing center. The nationainy known “B. V. nxhl:-(h brand of underwear is ctured here, he said. The higl de of goods forms the bullk of output. Judging-from our sales, the light- ight_athle underw the union suit, is fast becoming the popular undergarment for all the ar round. This undergarment is much healthicr than the heavy type. - of_doctors will tell pvided that the wearar puts on outergarments in the coid you, p proper *roduction costs in this, as in many other industrie sed some- what, but prices favorable to the consumer, even though the manuf; | turer is getting a smaller 0. The underwe 1S are ery few r manuf: instances “Although the dealers are buying in a hand-to-mouth fashion er is continuing to buy years and the outlook is bright.” COTTON MARKETS. NEW YORK, April 24.— advance of 1 to 20 points was checked by renewal of near month liquidation in the cot market today. After selling at d to £8.94. Later months e mpathy, appeared 1o be a better de- May at the reduced pr mium, and the market soon up on covering, with active months showing net advances of about 15 to 5 a0 pre or the futu | 18 points. The opening advance was promoted : | Potatoes, by relatively firm cabl pool, which private advic to a'more active busine: ter and an increased The showing of the D was considered selling of new re- stricted by prospec n- 1 or cooler weather in the south- demand. weather but spot were irregular, but further near month liquidation was d on mode: dip d_the market was steadier on cov v #dvanced to nd October to and the influ. Much of t s the undoing of stra July contracts rom about | market. tribute S, April 24.—Cotton | :d’ to 5 points up. bout due at ov ving been irregular. 10 to 19 points soon the report that 1,600 sped out of the local Vestar- 11 of the 5 earmarked for traded up to and Octob o Wwithin ten weather map was dry. | * The market ruled quite steady ing by a forecast for Sectieqimentiior in the Manche: points. dvices, somewhat better cotton goods reports and the export of 2,000 more bales of certif- icated cotton out of local stocks. in addition to the 1,600 shipped out ye IRPOOL, April 24.—Cotton spot a0d 5.0; 00 April "(—Hrnhv Manu lerf cotton mills on u four-day schedule until conditions improve. About )0 employes are affected 1 Barker mill, in spinning only three days the looms are on a full production bas will ope GRAI BALTIMORE, white, pounds, 1 Darrel, AND PROVISIONS. April 24 (Special) 100_pounds, 7 sweets new bushel, 1150 | yams, 2.50a7.01 029.50; gi hors r:hh=h‘ Bushel, ,'bushe bushel, bunch a5.00; Apples, bushel, grapefr box, omatoes, cra packed | . Wheat No 2 red winter. s 2 red winter, garlicky 1o quo | rea winter. | Corn—cob, | for vellow and 4.10a | white; corn, .30 per barrel per_barrel for . 87%: No. 3 eliow, No. i No. 2 rye, spot, | . 47 tous. sale here is < damaged and infe ng sold at rather irregular prices. For good, sound hay in timothy, lover mixed, and No. 1 clover, there ill fair demand at full quotations nd no oversupply. Quotations: No. 28.00a | d, The bulk | more or and is 24.000 15.00 rye. 1 tangled 3 t, 15.00a18. TOCK MARKET. CHICAGO, April 24 (United States | Department of Agriculture).—Hogs— recedp 000 head: slow. uneven, around 5 lower than vesterday's best time: bulk good and choice 250 to 325 butch a7.40; top, 7.40; bulk de- sirable, 170 to 210 pound weight, 7.35; bulk good and choice 140 to 13 pound averages, 6.60a7.00; bulk pack- ing sows, 6.65al lling steady; bulk good and choice, 130 pound_averages, 5.75a6.2; Cattle—Receipts, 11,000 head; kill- ing classes draggy, very uneven; un- evenly lower; beef steers and fat she stock largely 10 to 25 off; early top matured steers, 11.25; fal steers of value to sell at 10.00 upward showing most decline; bulls weak to 15 lowe: most bolognas, 4. vealers, to 50 off: light kind downward to 7.0 bulk better grades, $.00a8.50: few strictly choice weighty veal calves, 3.25a9.50; stockers and feeders steady. Sheep—Receipts, 10,000 head; fairly active; fat lambs, 15 to 25 higher; sheep around 25 lower: few early sales desirable fat wooled lambs, 15.15 216.25: some held higher; medium clipped lambs, 13.00; choice handy- Welght fat clipped wethers, 9.50; clip- ped ewes, 8.50; good wooled ewes, 9.00. ASKS $2,480,000 STOCK ISSUE. The Alton and Southern railroad ap- plied today to the Interstate Com- merce Commission for authority to is- sue $2,490,000 in common capital stock to pay debts, reimburse the treasury, complete construction 0j- ccts and ‘obtain more working capital. pigs 120 to . especially | rofit than | workinz full time, | adied | - | proved 1 130 to |1 OUTLINES BENEFITS ' OF STOCK-ISSUE PLAN |A. T. & T. Proposal for $150.- 000,000 Explained to | Stockholders. | D. C. STOCK EXCHANGE SALES Advance of Three Points. in Riggs Bank Quotation. | Valuable sy accrue to pr. tion rights w ent stockholders of the American Telephone Telegraph | Company, probab dio of one new share for ery of oid held the company explains, in the event it contemplated issue £150,000.000 new stock within th months materialize The company now h capitalization of $750,100,0/ $250,000,000 shy of 1k | iz There are now about holders of the Am phone | and Telegraph, which would meun an average allotment of $500 ¢ issue. The company's are increasing at the nd mo 300,000 sto { Tikely | furth | Inci | issues' are not underwri | ferea girectly to stockhe company, as was the ca ior 19: Would Meet Requirements. was pointed out that $150,000,000 would meet | quirements of the comr al advances 1o assoc for construction It lof out that :t the ut . Suc o current ra has amp) divide with |9 per cent | on_additional s very short time for” has b recollected that the mone for expansion, and te meuns immed, | revenue Tip to Radio Enthusiasts. roughout foreign flicient ¢ stations additions the | tox an outline of the te The onal of the Ame &, provides of b stations = of Ban sting | Richmond |Omaha, T Loeal Stock ionx. 4 An advance of the T lhp ex nge | mer sold to th, with the only twelve sh are off o 48%. ‘National Mort Investment preferred soid | Lanston firmed up to 721, ' Bonds were ful Are You a Sucker? Too many people put their me |In day dreams and e up broke. Never put your name on the dotted iine until ave inquired of some one in ¥ < what he knows about some stock issue that is of- | fered to you privately. 4 — e __| Washington Stock Exchange. Potomac_Electric o at 7 | #1000 5 oty 2 lec. 45—S$1,000 at 7 T A% 3, &t 455 10'at 200" 10"s¢ "0 »ta Kiggs National Raok & Investment 037 Money—Call loans. 5 aud 6 per cer BONDS. Bid and Asked Prices. PUBLIC UTILITY Am. Tel Anacosti nacostia & Potomi and P Te €. & P. Telephone of Vi | | Patom: | Potom Potom Pot. | Wash., | Wash Wash., | Washington Ga Wash, Rwr. & M Paper Mfg s (long) D. C. Riges Realts Riggs Realty s (short). Wash. Mkt Cold Ntorage 5s. Wardman Pack Hotel ¢ urun UTILITY Americau Tel. & Telga. Vashington » & folk & Wash, . Ry. and I Capital Columbla) Commercial National ~ Metropolita Riggs - Second " National Bank o TRUST COMPANY. urity & Ti Crust.. American § Continental Union p Wash. Loan & Commerce & East_Washington. . Security Savings & Com. American GCorcoran Firemen'’s National Union. TITLE INSURANCE. Columbia_Title.. 01a Duteh Market com. . 01d Dutch Market pfd.. Lanston Security Stor Washimgton * Markéi: Yellow Cal *Ex divideind.