Evening Star Newspaper, May 26, 1924, Page 20

20 % RAILS LEAD MARKET IN TODAY’S TRADING Most of Issues Advance Despite Unfavorable "Reports Pub- lished for April. INDUSTRIAL SHARES MIXED American T. & T. Gives Impres-, sive Exhibition of Strength. BY & Special Dispatel to Ti NEW YORK. M —Railway shares were the leaders in the stoc market today. Most of them went up, despite the publication of unfavorable reports for April. There w fur- rer Deluware, Lackawanna | and and in Delaw and | Hudson. ART P. WEST. Star. Western Pere WMarquette Moves w pushed across 50 on active trading. Offh nial having been given that any i case in the i is contemplat- ed, the st that_other rail- way inter een buying fnto the + view, if not of s cur] » larger repr ment, Wal bought on the thing being done al the ma uled fo quette enter- and were not kept on in the motive tions were @ month The advan Pacific ues rogpects of an advant nent for the sale of a in the Rio Grande and stern L own rdly afford much of neentive. Last vear the dividend was barely cove this ¥ arnin ng at the of less than re Western Leing the Beous urrang rt inte stern. W ings could D We 5 ear an cent and so been rur Induxtrial¥ Much Mixed. Indugtrial shares were much mixed There was anoth arp run-up in International Paper. and Producers and Refiner was bought on reports U the Prairie Oil which ady control was eking to in holding . Gther oil shar ket for American Te ph, which is alws ave another rather impre: bition of strength. Operation the rise in Philadelphia and Reading when the annual howing less than $3 n-the stock. Fresh in the rubber and ates Rubber and Kelly Springfi particularly. Un- favorable tr reports were once miore responsible for this weakne St. Paul Shows Shrinkage. selli Paul issue hoth on the pub Ticati report. This show i compared with ross and §1.7 691,857 was' In View of the financ company has to do in was not a p < continued report a shar, g re sha i broke out , United 1d deficit of . and this which the 'ss than twelve to push on under stern and was a demand at rising prices for Missouri Pacific preferred, for Baltimore and Ohio and for Rock Island. Among the industrials United “ast Iron Pipe Jeader. ion was that Coca-Cola would de the regular dividend at Tuesday's meeting. SHOW MODERATE GAINS. Be the Assoc Press NEW YORK, May Stock prices moved within narrow and irregular 1imits at the opening of today Ket, with an upward ‘tendency in evi- dence. Moderate gains were scored by most of the industrial leaders with the exception of American Woolens, which declined three to four. Lack- awanna moved up a point and Pan- American issues again were active. Readjustment of speculative ac- counts proceeded at a more rapid pace in later transactions, the for- ward movement being aided by in- dications that ®he House of Represent- would pass the tax bill today. Accumulation of the coalers, causing wdvances of 1% to 2 points, in Lack- awanna, Delaware and Hudson and Norfolk and Western et on the re tional gains 26, exerted a tonic t of the list. Sharp 2 re registered by some of the oils, independent steel Jeather and chemicai issues. Produc- ers and Refiners moved up 1% and goleum advanced a point. West- preferred d new 1924 top prices at 201 . respectively. For- eign exchange opened steady. Publication of revised Treasury figures indjcating little danger of a defleit resultin om the comprom- ise tax bill was reassuring to stock aders and buying orders predemi- ted throughout the morning. Gains of 1 to 21 points wer by Dupont, Brooklyn ternational General National Coca Cola, : sody, Associated Dry Goods and Worthington Pump. Call money opened at 3 per cent Sustained demand for railroad shares, including the low-priced issues, was the predominant influence in the after- noon market. Buving elsewhere was of a more varied character, steels, ship- pings. copper, equipment and public utility shares moving up smartly. Wool- worth (old) jumped 74. The rubber group underwent another sinking spell, 17..S. Rubber first preferred, Goodrich preferred and Kelly Springfield dipping sharply. na Markets at a Glance NEW YORK.—Stock, firm lead brisk advance ‘in rails. buoyant; high-grade rails up; Paul's heav: Foreign exchanges, steady; francs, slightly higher. Cot- Pauls heavy. Foreign exchange Sugar, easy: liberal offerings. Coffee, strong; trade buying. CHICAGO.—Wheat, higher; vorable Canadian reports. Corn, firm; decreasing stocks. Cattle, lower: limited demand. Hogs, weak: heavy re(‘s:lpls. coalers Bonds, unfa- NEW YORK MONEY RATES. NEW YORE, May 26.—Call money firmer: high, 4 Tow, 3; ruling rate, 3: closing bid, 41: offered at 4% : last loan. 4%e: cnil loans against accept- ances, 23.: time loans steady: mixed collateral, 60-90 days, 4; 4 to 6 month, 4a4y; prime commercial paper, 4%a 413, S e BOSTON STOCK MARKET, BOSTON, May 26.—Following is a list of today's highest, lowest and closing prices for the most active stocks dealt in here: High. Low. Close. Arigona Com ... ., 8% 8 Boston & Albany . Boston & Maine Hoston-Blevated Calu & Ariz Calu & Hecls :oul r ;‘T ‘opper_Range Eustern 8 Edison Elec New Cornelia New Dominion A Adv. Rumley Afax Rubber. AlasGold Mines Aliied Chem (4).. Am BS&F f (7). AmCan (16).... AmC&F (12).. Am Hide & Lea.. Am Hide & L pf.. Am Ice pf (6). .. Am Internatl. . Am Linseed. Am Locomo (6). Am Loco pf (7).. Am Radiator (4). Am Saf R (50c). Am Ship & Com. Am Sm & Re (5). Am Stl Fdys (3). Am Sugar 5 Am Sugar pf (7). Am T & Cab (5). AmT&Tel (9).. Am Tel & Tel rts Am Tobac (12).. AmTob B (12).. Am Water Wis_ | Am Woptf (6). Am Woolen (7)., Am Wool pf (7). Am Zinc : Anaconda : Asso Dry G (5).. As DG 15t pf (6). Aeso Oil (1%)... AtT&SFe (6).. AT&SFf (5). Atl Coast L (18). At Gulf & W Ipt Austin-Nichols. . . Bald Loco (7). Bal & Ohio (5)... Bul & Oh pf (4). Barnsdall B..... Beth Steel (5)... Br'k Edison (8) .. Brivn Edison rts. Br] Man Tran. . Br Man T pf (6). BrklynUnG (4) Bayuk Cigar. . Blument! « Buff R& P (4) BR&I'pf (3).. Butte C & Zinc. . Cal Pet (1%). Callahan Z Le: Calumet & H 50c Can Pacific (10). Case Thrs'g pf. .. Cent Leather Co. Cent Lea Copf... NJ (112). sC(4). ) nd Mot (6) hes & Ohio (4).. Chicago & Alton. Chic & EastIll. .. Ch & East Il pf. . Chic Gt West. ... Ch Mil St Paul. Ch Mil & St. P pf. Chi & Nwn (4). Ch & Nwn pf ChicR1& Pac... CRI&PDI(6).. CRI&PDf (7). Chi Yellow C (4). Chile Cop (23). . Chino Copper. . ... Coca-Cola (7). Colo Fuel & Iron. Col G & E (2.60).. Com In Trpf (7). Com Solv A (4) Congoleum (3). Consol Cigar. . Consol Gas (5).. Consol Textile. Cont Can (4 Cont Motors (20¢) Corn Products. ... Corn Pr R pt (7) Cosden Co Crucible St . Crucib Sti pf (7). Cub Am Sug (2).. Cuban Cane Sug. Cub Cane Su pf. Cuyamel Fr (4).. Danl Boone M (3) Davidson Chem. . Del & Hud (9) ... Del L& W (8)... Dome Mines (2).. Doug-Pectin (1). DuPtdeN (3)... Eaton Ax (2.60).. El Stor Bat (4).. Erie. ... . Erie 1st pf. Famous P1 (5). ... Fifth Av B (64c). Fisher Bdy (10).. Fish BOpf (8).. Fisk Rubber. .... Fisk Rub pf A. Foundation (6) . . Freeport-Texas. . Gen AmTC (3). Gen ATC pf (7). Gen Asphalt. Gen Baking (6) .. Gen Cigar (8). Gen Elec (8). Gen El spe (60c) . Gen Mot (1.20)... Gen Mot db (6) Gen Mot b (7) Gen Petm (2) Gimbel Bros. Gold Dust Goodrich. Goodrich pf (7) Goodyear pf. G'dyear prpf (8). Gt North pf (5) Grt Wstn Su (8) . Gt West Spf (7). Gulf Mo & Nor. ... Gu Mo & N pt (5) Guif St Stl (3). ... Hayes Wh'l (3) Homestake( 7) Houston Oil. . Hud Mot C (3)... Hupp Mot C (1).. Illinots Cent (7). 11l Cent pf (6) . Indiahoma Ref Indep Oil (1). Inland Stl (2%).. Inspiration Cop. . Interb Rap Tr. Int Bus Ma (8)... Int Cement (4)... Int Com Eng (2). Internat Har(5) . Int Mer Mar pf... Internat Nickel. . Internat Paper. .. Int Pap pf st (6). IntT&T (6). Invincible Oil Iron Products Jewel Tea pf. . Jordan Mot (3) KCP&L 1st (7). Kan City South. . Kan C So pf (4) . Kelly Spr Tire. Kel Sp T pf (6) . Kelly Springfd pf. Kenne Cop (3).... - Keystone T&R.. Lee Rub & Tire Leh Val (3%). Leh Val rights. . . Lig & Myrs (3) . Lig & Myrs B (3). Lima Loco (4)... Loews Inc (2). L'se-W 1st pf (7) Lorrillard (3).... Louis & N'sh (6). Mclntyre (75¢) . Mack Trucks (6) . Mack T 1st (7). Macy R H & Co. Magma Copper. Mallinson & Co. ... Man El modgtd 4. Manhat Shirt (3). Maracaibo Oil. Mkt St Ry prof. . Marland Oil..... Mathieson Alkali Maxwell Mot A. ilaxwell piot B. May Dpt St (5) Mex Seaboard(2). Bwift Int Tnited Shoe Mach MexSeabd ctfs(2) Midadle St Oil. Minn & St Louls \Mis Kan & Tex. FINANCIAL., Open. High. 6% 6 W 2% 110 104% 160 9 56% 9% 21% 16 73 119 983 6 11 62% 34% 44 87% 403, 125% 3% 140% 13 52; 4% 66% 9% 7 304 89% 84 293 103 90 121% 18% 20 109% 54% 57% 13% 49% 1094 61 6215 39% 80 40 0% 4% 23% 3% 15 149% 45% 11% 421 210 45 3% 46% 79 3% 23 39 4 14 25% 53% 94% 37 96 83% . 220 10% 13% 83 943 397% 48% 36% 20% 73 43 90% 584 90% 106% 18% 67% 66% 36 48% 66% 23 12% 102% 105% % 8% 326 23% 21 93 43 22i4 85% 33% 12 39% Tt 68 13 e 81 105 85 93 15 82 9% 59% 29 23% 35% 3b% 29 46% 138 30% 42% 11 85% 20% 3% 2% 10% Low. % 5% % 71% 110 103% 160 9 56% 9% 20% 16 %2 119 6% 6 % 2% 110 105 * 160% 9% 56% 79% 21% 16 73 119 MisK & Texpf.,..32 33 Close. % 5% % 1% 110 108% 160% b E6% _THE EVENING STAR, WASHINGTON, D. C. NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Low. Close. 12% 13% 41% 41% 61% 61% 23 23% ™ T 102 103 ° % T 53 53 91% 91% 32% 33 38 88 22 22 132 132 13% 13% 12 112 39% 39 102% 102% 80 80% 84 34 53 19 Open. High. 12% 13% 41% 424 1% 61% 23 23% ™ 102 % 53 1% 32 38 224 132% . 18w 112% 40 Missouri Pacific. . Missouri Pac pf. Mont Power (4) .. Montgom Ward. . Mother Lode (1). Nash Mot (1814) . Nat Acme Nat Bisci Nat Cl & S pf (7 Nat Dairy (3) Nat Dept Stor NatEn &5t Nat Lead {8). . Nev Cons Cop. NOrT&M (7) N Y Air Br (4). N ¥ Central (1) NYC&StL (6). Ny C&StL pf (6) . N Y Dock. . N Y Dock pt ( N Y & Harlm (5) Y NH & Harl. . Norf & W (18). orth An.er (2) North Pac (5) Ohio Body & Bt Ontario Mining.. Orphieum (114). Otis Steel . : Owens Bot (3)... PacG&E(S).... Pacific Oil (2).... Packard pf (7) Pan Amer (4) Pan Amer B (4) Par & Bing Penn € & C (4) Penn Railrd (3). eab Steel. . Mar pf (5).. Co(4)..... &R&I.. Phil Mor (50c) Phillips Jone Phillips Pet Phenix H pf (7) Pierce-Arrow. Pitts & We: a.. Postum pf (8) . Pre t1C (4)... Prod & Refiners rNJ ()., nCo (8) Punta Al S Pure Oil (1 Ray Cons Reading (4) Reading rts. . Remington Type 119% 86 37 Rossia Ins A (6) . Rutland pf. St L San Fran St L Southwest. . St L S'th pt (5) Savage Arm: Seab'd Air Lpf.. Sears Roe & Co. .. Seneca Copper Shell Un Ol (1) Shell Un pf (6) . Simmons Co §1) . mmons pf Simms Pet. ne Con Oil (2) Skelly Oil. So P Rico Su (6) South Pac (6). ... Southern Ry (5). South Ry pf (5).. Sid Gas & El (3). St Oil Cal (2). StOIINJT(1).. StOilNJpt ( Std Plate GI(T: Stew't War (10).. Stromberg C (8). Studebaker (4).. Submarine Boat. ., Superior Oil. . Tenn C & Ch ‘Texas Co (3) Tex Gult (76 . Texas & Pacific. TPex & Pac C & 0. Tunken (13%). “Tob Prod (6). ‘Tok Prod A (7, Tob Prod pf Transcont Oi Un Bag Pa (6).. Un Pacific (10).. Un Pacpf (4). Utd Fruit (10). Invest pf. U S Castlron P.. Hoff Mach. Ind Aleohol. Ind Alpf (7). 102% 103% 26 72 20% 98'% 119% 6% 28 22% 1% 3T 46% 8 15% 45% 314 85 16 20% 65t 107% 56% 9 17 24% b2% 1% 5% 16% 84 68% 36 USR 1stpf (8).. U S Smelting. ... U S Steel (16) U S Steel pf (7). Utah Copper (4).. Utah Securities Vanadium Corp Va-Caro Ch pf. Va Iron Coal & C. Va Ry & Power. . Vivadou Wabash. ... Wabash pf A. Wabash pf B. Vest Maryland. West Mary 2d pf. Western Pacific. . West Pac pf (€) . West Un Tel (7). West E & M (4) Wheel & L Erie Wheel & L ET pf. ‘Wh Eag Ofl (2). White Mot (4) Wickwire Sp Stl... Wilson & Co Wil&Copf... <o Willys-Overland. Willys-Over pf... ‘Wis Cen ctfs. . Woolworth (3) .. 335% Woolworth wich). 544 rthington Pum 25% Welg Wor (5)--- 36% 6% 36% 36% Yellow Cab (3)... 47% 47% 4T% 47% . $Payable in preferred stock. ity Sk Sl o ptEid v are the annual cash yments based on tl latest quarterly or half-yearly declarations. Uniess “otherwise noted, "extra or peciai ‘are not included. dvsy High. Low. Last. Call Money. 4% 3 4% HOURLY SALES OF STOCKS. 11am..... 183,900 12m 339,700 1pm.....312,400 2 p.m. 495 000 467 3l 8% 16% 20% 67 107% 57 9% 184 243 524 [t 6 1% 8l 68% 86 339 86% 25% Bl 16 20 65% 107% 66 9 8% 16% 20 67 107% 56% 9% 18% 24% 52% 1% 6 17% 8i4 68% 36 339 85 25 17 24% 52% 1% 5% 16% 8% 674% 36 335% 8% 25 FOREIGN EXCHANGE. (Quotations furnished by W. . Hibbs & Co.) Selling checks \ today. London, pound . Montreal, dollar Paris, franc Brussels, franc . Berlin, mark Rome, lira . Zurien, franc . Athens, drachmi Madrid, peseta Vienna, crown Eudapest, crows Prague. crown - AR Toark Stockkolm, erown . By the Associated Press. NEW YORK, May 26.—Foreign exchanges steady. Quotations (in United States dollars): Great Brit- ain, demand, 4.34%; cables, 4.34%; §0-day bills on banks, 4.32%; France, demand, .0643%; cables, ' 05443 Italy, demand, .0441%: cables, .0442; Belgium, demand, .0484; cables, .0465; Germany, demand (per trillion), 23%: Holland, demand, .3736%: Norway, Holland, demand, .8736%: 265413: Denmark, ~demand, .1680: Switzerland, demand, .1765%}; Spain, demand, .1874; Greece, demand, .0194; Poland, demand.,’ .00000012; Czechoslovakia, demand., 02943} Jugoslavia, demand. .0123%; Austria, demand, .000014%; Rumania, demand, .00473%; Argentina, demand, 3300 Brazil, demand, .1080; Tokio, demand, 40%; Montreal, .98 7-16. AT e T Betore You Invest—Investigate. It's queer how careful a man can be lost his money. Abe Mar- tin says that a.man who is not satis- fled with 6 por cent and Hiffmoney PRICES FOR LIBERTIES ARE SLIGHTLY HIGHER Bonds Hold Steady, Quotations In- dicating Underlying Strength of Investment Demand. ! BY GEORGE T. HUGHES, Special Dispatch to The Star. NEW YORK, May 26.—Bond prices held steady today, remarkably so considering the recent advance. It was natural to expect a certain amount of realizing after the gains of the past few weeks. That quota- tions held so well was regarded as proof of the underlying strength of the investment demand. Money con- tinued easy with time funds quoted at 3% to 4 per cent, the extreme low of the present movement. Liberty bonds were generally a shade higher. First mortgage rails were strong., examples being Balti- more and Ohio 4s, Pere Marquette 5s, and Southern Pacific San Francisco Terminal 4s. Southern Railway Con- solidated sold at par, and bonds of the grad Oregon, Washington Rail- way and Navigation 4s were in de- mand. In lower grade issues, Rock Island refunding 4s were active Feature of Speculative Insuen. In speculative bonds, the feature was the break in the St. Paul issues following the publication of the April earnings statement showing an op- erating deficit as well as a heavy loss in gross receipts. The short term 4s of 1925, dropped nearly two points, rallying somewhat later. The convertible 4123 sold down below 60, and losses were sustained by the convertible §s, the refunding 4%s and the 4s of 1934. The St. Paul has about $48,000,000 in maturities to meet next year and at the best the refunding will have to be done at a higher rate than the present 1 per cent. Outside the St. Paul list speculative rails were gen- erally firm, especially Missouri Pa- cific general 4s and Missouri, Kansas adjustment 5s. attention to American Water Works and ric collateral trust aling the high of the year and nsas City Power and Light 58 ex- ling their previous high. Local tractions were mostly heavy again. Industrinis Irregular. Industrials were irregular, the main the tendency wa United States Rubber 7% notes sold above par again Foreign bonds were steady ew offerings were mostly mu- nicipal, one of the most important being $2,175,000 City of Syracuse 4 and 41 per cent bonds at prices to eld from 3.75 to 4 per cent. Other offerings were $2,000.000 Ohio Power 6 per cent debentures to yield 6.6 per cent and $1,500,000 First Carolinas joint stock land bank 5 per cent bonds at par. but in upward. per cent 50 MILES OF SUBWAY PLANNED IN TOKIO New York Company May Get Con- tract for Installing Municipal System. By Radio to The Star and the Chicago Dails | News, Coprright, 1f TOKIO, May 10.—The municipal council has approved the general plans for the installation of ffty miles of subways at an estimated cost of 200,000,000 ven ($100,000,000). The work is expected to start in the near future following the letting of con- tracts for construction and financing. The Foundation Company of New York is reported as lfkely to secure the contract as their representative has long been advising and co-operat- ing in the preliminary work of the project. The plans specify that there shall be six distinct lines crossing the city. There will be twelve sub- urban terminals. The subways when completed will fill an urgent need for _greater transportation facilities and will aid in the ultimate realiaztion of the ‘greater Tokio” project. II\GED RIKISHA PULLER IS ACCLAIMED AS HERO Saved Six Lives in Yokohama Dis- aster; Two Natives May Give Reward. Correspondence of The Star and t Daily News. TOKIO, April 7..—Heroic deeds dur- ing the terrible disaster of last September are still being brought to light in Tokio and Yokohama, as delayed recognition of bravery fis forthcoming. The latest hero to be acclaimed is Tomikichi Nishiwaki, fifty-nine vears old, a rikisha puller, who. for thirty years, had his stand in front of the Messageries Mari- times Steamship Company offices in Yokohama. At the time of the quake, when Yokohama was leveled and fires were sweeping toward the bund, Nishiwaki dug in the debris of the steam- ship company _offices, resculng M. M. A. G. Fembertaux, head of the Yokohama offices of the French line, his wife and four Japanese employes. When the aged “Kurumaya” had seen the six all removed from danger he made his way with great difficulty to his humble dwelling, to find it in ruins and his wife crushed to death. M. Pombertaux and his wife pro- ceeded to France aboard the refugee ship Andre Lebon, which was in the arbor at the time of the disaster nd had a narrow escape from burn- ing ofl. Only recently he wrote to the Japanese authorities in Yokohama for the name of his saviour. It is re- ported that both the French and Jap- anese authorities are planning to re- ward Nishiwaki for his heroism. U. S. TREASURY CERTIFICATES (Quotations furnished by Redmond & Co.) ——Noor Bid. 4s June 18, 1924 5%s June 15, 1824 5igs September 1 418 December 15, 1024 4s March 15, 1026. 3%s March 15, 1925. 4i4s June 15, 1925 4345 December 15, 1925. 43n March 15, 1926.. 41,8 September 15, 1926. 4&! March 15, 1927, 4423 December” 15, 10: ACTIVITY IN DRY GOODS. NEW YORK, May 26 (Special).— The new week opened actively in the cotton goods' markets, with slight advances chalked up on some stand- ard constructions. Print cloths were Qquoted at 9% cents for 64 by 60, an oighth of a cent increase, and 68 by 72 at 10%, unchanged. Raw silks declined from 5 to 10 cents a pound again in a weak market. VISIBLE GRAIN CHANGES. NEW YORK, May 26.—The visible supply of American grain shows the following changes in bushels: Wheat decreased 2,078,000, corn decreased 2,214,000, oats decreased 1,604,000, Tye decreased 525,000, barley 'de- creased 195,000. Lol S Court Order to Bankrupt Firm. BOSTON, May 26.—Federal Judge Morton today ordered George F. Red- mond, james S. Lamont and Arthur A. Diggins, officers of the bankrupt firm of G. F. Redmond & Co., Inc, to turn over $300,000 to the receivers of 1-16 1008 100 21-32 100 28-32 100 1132 100 1382 100 1318 101 100 1816 100% 100 27-82 100 20-32 101 17-82 101 19-82 100 1118 100% 102192 102382 1011316 101% (Fractions re| Example: Lib 3%s.. Lib2d4s..... Lib 1st 43s. Lib2d 4%s Lib 3 414 Lib 4th 414 re; MONDAY, MAY 26, 1924. [ox xew vorx BONDS 5o sxcuavee] Received by Private Wire Direct to The Star Offics. (Sales are in $1,000.) UNITED STATES BONDS. sent thirt; Tow, 1 -seconds. 101-3 means 101 3-32.) Sales. High. 137 9930 99-28 99-28 1 100-6 100-6 1006 573 100-22 100-17 100-18 - 244 100-14 100-10 100-11 - 785 101-3 101 - 1622 10 Close. 101-2 100-27 100-27 US4%s1952. 257 102216 102-13 10213 FOREIGN. Argentine Argentine 6s '3 Austria 7s. Belgium Ss Berne 8s Bolivia 85 Bora, Brazil Brazil 7is. ada 5x 19: ada 53 rada 5s 1 Canada bs 1952 . Chile 85 1946. . Chile 85 1926, Chile 851941 Chile 75 1943. Chines Christiania $s Copenhagen 51 Cuba 51as. . Czechoslovakia $5 Danish Munic 8s A Denmark 8s. Denmark fs.. Dutch ET5 Dutch Dutch E Finland Framerican Ti4s French ( Montevideo Ts Netherlands 6s Norway Norway Norway sland 7. Rio de Jan Ss 1916 Rio de Jan Ss 1947 Rio € Ud Kingm 5 Ud Kingm Zurich 8s. 14 Gov Ry bs Bales. High. 20 9 . 10 12 9 1 1 16 g @ SN TAERTS- £ Ao 9 8 rt 1 -1 .4 1 5 1 6 17 Low. 101% 90% 90% 102% 100% 102% 108% 89 82% 81 95% 99% 100% 101% 100 100% 105 102% 105 96% 42 107 90% 94% 96% 107% MISCELLANEOUS. Ajax Rubber Ss. Am Ay Chem Tls Am Repub de mIt&R 1s AmT& T ev bs AmT& Teltrss Am T & T cl tr 4s onda cv db iconda 1st 6. rof Del sociated Ofl Barnsdall s f $s... Bell Tel Pa bs Beth Beth Beth Beth Braden Coppe Brier H 8 El Commonwth P 6: Con Coal Md 1st Donner Steel 7s. . Du Pont de N Tl Dugquesne Light Est Cuba Sug 7 Empir, Fisk Rubber $s Francis Sug Gen Elec deb bs n Refractres 6s Goodrich 632s. . . Goodyear §s 1931. Goodyear 8s 1941 Hershey 6s 1942. Humble O&R 5 Illinols Beii 1st Ilinois Indiana § Int Mer Marine 6 Inter Paper s KCP&Lt Kan G & EI 6: Kelly-Spring 8s. s sta G&F Tlys. | 16 7 - 11 43 . 43 - & .20 12 Somasmmoamalmane b tem ot maementoRR0® Som® Lackawa S bs '50. . Liggett & My Liggett & Myrs 58 Lorillard (P) b Lorillard (P) 7 Magma Cop ¢ Mexican Petro! §s. Midvale Steel 5s Montana Power 5s Morris&Co 1st 418 New Eng Tel & N Y Edsn 1st 635, NYG EL H&P 55 NYG EL H&P 4s. . N Y Tel 6s'41. NYTeldlps...... North Am Ed 6%s North Am Ed 6s. Nor Ohio T&L 6s. . Nor States Pow Nor States Pow 6s. Northwst B Tel Otis Steel Tl;s. Otis Steel 8s. . Pacific Gas & EI 5 Pac T & T 1st 55 Pacific T & T 5s Phila Co 5%s '38. Phil & Rdg C&I 5s. @ AR AD NNEWND SO0 A PhilaCoref 6s A.. Pierce-Arrow 8s. . Plerce Oll deb 8s. Public Service 5s. Pub Serv Elec 6s. Punta Alegre s Saks & Cosf s Sharon St1 H 5 Sinclair Oil 7s. Sinclair Oil 6% Sin Qrude Oil 535 Sin Crude Oil 6s Sin Pipe Line bs South Bell Tel bs. -153 18 iy So Por Rico Sug 7s 16 Southwest Bell 5s Sug Est Orient 7s.. -102 8 Tenn Elec Pow 6s. Toledo Edn 1st 7s.. Union Bag & P 6s. USRublstrf5s. U S Rubber 7%s. U S Smelter 6s U SSteel s 58 Utah Pow & Lt 5s. Va-Car Chem 7s Va-Car Ch T%s w Warner Sug 78 39 Western Elec bs. . ‘Western Union 6% Westinghouse 7s. 5 s - 25 17 11 .21 24 31 . 23 e . 41 1 .11 Willys-Ov 6%s'33. 16 Wilson & Co 1st ‘Wilson&C cv 73g! ‘Winchester A 7 ‘Wilson & Co cv 6s. Youngstn S& T 6s. 80% 80 87% ETY 91 91 93% 93 105 104t 100% 100 1181 117% 994 9514 1017 101% 88 874 95% 99% 994 97 97 99 991 88 8§ 94% 94% 90 89% 964 96 95% 957% 108% 108* 100% 100t 106 105% 84 84 108% 108 10; Close. 101% 90% 9014 1027, ot T Low. Close. 88% 88% B82% 824 98% 98% B86% 86% 101% 102 88% 88% 86 86 83% 83% 92% 98% 76 6% 107 107 885 88% 112% 112% 112% 112% 80% 80% 95% 96 98% 98% 101% 101% 87 87 95 95 88% 89 59% 59% 88 88 99 99 3% 3% b2% 52% 56 56 62% 63 56% b67% 80% €1 59% 60 73 173 b64% 54% 99% 99% T4 T4% 9% 79% 9% 79% 74% 74% 103 103% 104% 104% 983 98% 87 8% 87% 88 100% 100% W5 1% 66l 66% 106% 106% 56 564 56 56 56 B6% 104% 104% 11214 1124 108% 108% 99% 99% 9% 10 83% 83% 61% 62 88 88 102 102 60 60% 59% 60 60 60 824 834 46% _46% 96 T96u 16% 164 614 61% 70% 704 204% 90% 844 84U 9614 964 94%, 94% 103% 1034 1077% 107% 101% 102 57% 57% 824 824 17% 17% 102% 102% 7% €8 9% 9% 84% 85 69% 69% 100 100 G5% b5% 96% 96% 82% 82% 584 b68% 80 80 88% 88% 105% 105% 92% 92% 98% 984 82% 82% 904 90% 101% 101% 68 68 41 41 81 81% 79% 79% 624 625 38 38 2% 2% 58% b58% 47% 4T3 124 124% 69 59 83 83 1045 104% 92% 9276 100% 100% 8215 82y 101% 101% 93% 93% 109% 109% 108% 108% 29% 30 96 96 80 80 91 91 77 % 82u 824 89Y% 891 €9% 69% B4 84w 64 64% 928 92y T4 741 100%+100% 821 B2y T6% 767 99 99 kil 78 53 53 66 156 78 78 95% 96% 88% 88% ¥4 w4 99% 99y 2% 72% 105% 105% 100% 100% b1% B3 40% 41 814 81k ol 9184 974 971 103% 103% 103 103 20 90 99% 99% 94 94 626 624 Atchison gen 4s. Atchison adj 45 B&Oprindks I & O gold 4s. B & OSW div 3y Bklyn-Manhat 6s. . BKIR T 7521 ct. Buff R&Pitt 4%s. . Canad North 7s.. .. Canad North 63%s. . Canad Pac deb 4s. . Car Clinch &O 5s. . Car Clinch & O 6s. . Cent of Ga 68 Central Pacific 4s. . Ches & Ohio cv 5s. Ches & O gn 4%s Chi & Alton 3s. Chi B&Q gn 4s '58. *hi B&Q 1st rf bs. . Chi & E1ll gn bs... Chi Great West 4s. © M & Puget Sd 4s. Chi M&St P rf 4348 ChiM & St P ev bs. Chi M & St P 4525, Chi M&St P cv 435 Chi M&St P 48 °34. . CM&S s... ChiM & St P 6s 3 s b E 55. WV Ind cn 4s. 28 COC&StLrfésA. 23 Term 538... 9 Term 6s. . 38 Colo & Sou 438 44 Del & Hd 1st rf 4s. 10 Del & Hudson 6%s. 6 Den & Rio Gen4s. 7 Erie 1st con 4s. 38 ie con ext 7s.... 20 ie gen 4s. ... 65 cconvesA..... 2 onv4sB..... 8 GrTrunksfdhés. 6 and Trunk 7s. 3 orth gen 26 North gen 51%s. 19 Green B& Wdb B. 24 Hud & Man ref 5s.. 23 Hud & Man aj 5s.. 27 111 Central ref 4s.. 11l Central 51ss. ... Int Rap Tran 5s. Int Rap Tr 58 stpd. Int Rap Tran 6s. Int Rap Tran 7s. Int & G Nor aj 6s. . Int & G Nor 1st 6s. Towa Cent rf 4s Towa Cent 1st 58. Kansas City S 3s Kansas City S 5s. Kan City Term 4s. Lake Shore 45 '28. . Lake Shore 4s '31 Lehigh Valley 6s.. & Nash 7s. Gr St L 1st ref 4s. P& M StP & MK & T st 4s. MK & Tprinss MK &T4sB. MK&TEsC..... MK & T adj bs. . Mo Pacific fs.... Mo Pacific 55 '65. Mo Pacific gn 4s. New Or Term 4s N O Tex & Min 5s. N ¥ Cent deb 6s N Y Cent deb 4s N Y Centribs N Y Cent cn 4s '98. N Y C & St Ldebds NYC&StL6sA New Haven c d 68. New Haven d 48 '57 New Haven Ts. New Have NYOnt& W New York R New York N Y State Ry NY WS Northern Pac Northern Pac Northrn Pacrf 6s. Northern Pac 58 D. Ore & Calif 1st 6s.. Ore-Wash 1st rf 48 Pennsyl gen bs. Pennsyl gen 4148 Pennsyl 614 Pennsyl gold Ts. Peoria & I inc 4s. . Pere Marq 1st 5 Pere Mrq 1st 4s ‘56 Reading gn 4%s... RYATk & L d%s St L IM&S R&G 4s. L&SF5%sD SFadjés. .. SFplésC 1S W con 4s°32 st PUn Dep 6148 an A & Arn P 4s Seab'd A Liref 4s. Seab’d A Ladj 5s Seab'd A Licon 6s. . Sou Pacific 4s '29 Sou Pacificref 4s Sou Pacific clt 4 Southern Ry 1st 5s Southern Ry gn 4s. outhern Ry 6%s. . Southern Ry 6s ct. Third Averef 4s... Third Ave adj 5s. .. TolStL& W 48 10 Union Pac1st4s... 7 Union Pac cv 4s Union Pacific cv 6s Union Pac 1st rf bs Va Ry & P 1st bs Wabash 1st 6s. Wabash 2d 5s Western Md 4s. 4 621 Western Pacific5s. 3 86% 86 86 Whel &LETf4%s 1 61% 61% 61% TOTAL SALES (Par Value): 11am.. 3309000 12noon 4879000 1pm.. 6845000 2p.m.. 7479000 14 6 1 10 7 99% 3 96 SHORT TERM SECURITIES. (Quotations furnished by Redmond & Co.) ——Noon.— Bid. Offer, 108 107 100% Aluminum Cofl of Amer. 7s 1925. ‘Aluminum Co. of Amer. 7s 1933, American Sugar ga 1037.... ... American Tel. & Tel. 68 1025.. ..... Anaconda Copper 68 1029...... 1013 Anglo-American 01l 7348 -1925..°1024¢ Assoclated Oll s 1985.. M) Bell Tel. of Canada Bs i ‘anadian Northern Glgs 192: Central Lenther bs 1925.. Cht., Mil. & St. Paul 8s 1954.. 696y Chi. R. T. & Pacific Blgs 1928. 100 Columbia Gas & EL lst'Ss 1927. 981, Du_Pont 7%s 1681, - 108 Federal Sugar Ref. 6s 1933, Fisher Body Corp. 6 1927.... Fisher Body Corp, 6s 1028, Goodyear T. & R. 8s 1031. Hennecott Copper 18 o Libby, MeNell & Libby 7s 1031, M. S P. & 8. 8. M. 0%s 1901, Morris & Co. Tlas 1080. 2 New York Oentral 6s 1985 Srckon Rhort Line De 1030 Penna.-Ohio Pow. & Lt. s Swift & Co. Tidewater Ol 6 Union Tank Car U. 8. Rubber 7 Z Western Union 83gs 1936.... . 1103, - Westinghouse E. & M. 7s 1931. 108 Wheeling Steel 0s 1926........ 99 RAILWAYS SHOW DEFICITS C. M. & St. Paul and St. L. South- ‘western Report Totals. NEW YORK, May 26.—Net operat- ing deflcit of $691,857 is reported by the Chicago, Milwaukee and St. Paul rallway for April, against net income of $1,066,894 in 'April, 1923. Gross revenue of. $11,707,719 declined $2,- 404,645 in_comparison with the same month a year ago. A deficit of $38,- 649, after charges, also was reported by 'the St. Louis 'Saquthwestern rail- surplus of $215.810 in s 1630, s 1930. FINANC GRAIN AND PROVISIONS. BALTIMORE, May 26.—Potatoes, white, per 100 1bs., 150-1b. 75a1.75; sacks, 1.25a2.65; new potatoes, barrel, 5.00a8.50; beans, bu., 4.00a5.00; aspar- | agus, doz, 2.26a3.60: beans, bu., 1.76; beets, 100, 5.00a8.00; kale, bu., 60a75; carrots, 100, 5.00a7.00; cucum- bers, crate, 3.00a5.00; eggplant, crate, 2.50a5.00; 'lettuce, hamper, spring ontons, 100, 1.00a1.50; peas, bu., 1.25a2.00; peppers, crate, 2.50a5.00; spinach, bu, 70; radishes, 100, 2.00a 5.00; squash, basket, 1.75a3.00; toma- toes, crat. 2.00a4.50. Apples—Packed, barrel, bu, 75a1.50: box apples, 2.00a3.00: grapefruit, box, 3.50a4.50; oranges, box, 2.50a4.25; pineapples, crate, 3.50a 4.50; strawberries, quart, 10a25. Settling Prices on Grain. Wheat—No. 2 red winter, spot, 1.13% ; No. 2 red winter, garlicky, do- mestic, 1.143;: no quotations on No. 4 or No. 6 red winter, garlicky. No sales. Corn—Cob, new, 4.2524.30 per bar- rel for yellow, and 4.1024.15 per bar- rel for white; N 2 corn, spot, 8 No. 3 corn, spot, §2; track corn, yel- low, No. 3,'90. No sales. Oats—No. 2 white, new, 57. Rye—N 70a75; No. 2 . 79%)4' Nearby. 70a75; No. 2 rye, spot, Hay—Reecipts, 88 tons. Receipts of hay have been somewhat liberal in the past few days, but there is no surplus of good timothy or light mix- ed hay in the stock here, which| descriptions are in fair demand Common, low grades or unsound hay is hard to move at any price. Quotations—No. 1 timothy, 2 30.00; No. 2, 28.50a No. 3 ‘tim thy, 26.00a27.00; N ght clover, mixed, 27.50a28.0: No. 2 light clover, mixed. 25.00a26.00; No. 1 clover mixed 27.00a27.50; No. 2 clover, 24.00225.00 Straw—No. 1 straight’ rye 24.00 per ton: No. 1 tangled ry. 20.00; No. 1_wheat, 17.00a18.00} oat, 16.50a17.00. 2.00a5.50; ; No. 3 white, CHICAGO GRAIN MARKET. CHICAGO, May 26.—With erop dam- age reports from again a facto the wheat et today showed new upturns in prices &oon after the openin Kan wheat prospects were said to_point to a decided decrease nce M 1, with some fields being ploughed up and planted to corn. Rains in Canada had only a transient bearish effect, | being more or less conterbalanced by | a heavy reduction of the amount of wheat on ocean passage. The open- | ing which varied from unchanged figures to % lower July, to | 1.081, and September, 1.0%, fol- | lowed by slight general sag, and then by a mbderate advance all round, Corn and oats borrowed strength from the wheat market. Previous sellers of corn were buving. After opening at uunchanged fixures to % off, July, % to 76%a76%., corn prices scored light general gains. Oats started unchanged. July, 44%, and later advanced a little. Absence of offerings upheld pro- visions notwithstanding a decline in |7 hog values. Subsequently wheat - ther as a result of export buying at Winnipeg, and also at the Gulf of Mexico. The close was unsettled Cold weather &nd a substantial de- crease in the visible supply of corn brought about an additional upturn| later. The close was firm WHEAT— Open. High. Low. 1.06% 1. 100 110 advanced fur- 108 1og 5 0% CHICAGO LIVE STOCK MARKET. CHICAGO, May 26 (United Stat: Department of Agriculture).—Hogs— i 60,000 head: uneven. : desirable grades show less dccline; large receipts; bulk good and 250 to 325 pound butchers, top, 7.50; bulk desirable pound weight, 7.10a7.35; better s, 140 to 150 pounds largely 6.60a7.00: bulk packing sows, 6.65a6.80: killing pigs, steady to strong; bulk good and choice strong weight. 6.00a6.25 Cattle—Receipts 21,000 head slow: shipping demand narro steers, yearlings and fat she stc unevenly weak to 25 lower; yearlings and fat cows showin decline; killing quality fed ste early top matured stee vearling _supply incri B kind held over from last week: b fed steers and yearlings of quality and condition to sell at .00a10.50: some matured steers held at 11.50 and better; canners and cutters, about steady; bulls, strong; 10 high- er;: bulk, bolognas. 15: veal caives, steady to 25 lowcr: stockers and feeders, slow, tending lower. Sheep—Receipts, 13,000 head; slow: fat lambs weak to 25 lower: spring lambs, 25 to 50 lower; sheep, weak: very few early sales: early bulk fat clipped lambs, 14.00a; ; few to out- siders, 14.75; choice spring lamt 16.00; vearlings, Navajo wethers 1200; few aged Navajo wethers 9.00 o gin COTTON MARKETS. NEW YORK, May 26.—Cotton prices jumped $3.50 a bale this morning in response to very strong Liverpool cables and bullish crop and weather reports from Texas and the south- west. . A general increase in house demand accompanied which _carried October to December to 26.35. The market opened firm at an ad- vance of 6 to 27 points . There was some local realizing and Liverpool selling at the advance, but trade interests were buyers and fur- iher covering sent prices up about 30 to 42 points net higher. Liverpool cables reported covering on unfa- vorable weather Teports and an im- proving spot demand Another private report was issued. making the condition 66.1 nd the indicated crop 11,107,000 bales as of May 20. These crop figures appeared to be stimulating commi houses’ interest, and a broadening demand sent prices up to 30.02 for July and 27.22 for October, or 32 to 72 points net higher. July was relatively easy and several brokers were sellers of that position against purchases of new crop months. Prices were within 10 or 12 points of the best, with the market firm around midday. NEW YORK, May 20.—Cotton closed barely stead; very commission the rise, and futures July October December . January October. 50; March, 25.91. NEW ORLEANS, La, May 26.—The cotton market experienced an active but irregular opening, first trades showing gains of 7 to 36 points. July advanced to 29.93 right after the opening call and October rose to 26.18, or 39 to 48 points above the previous close. ~While prices soon eased off 19 to 23 points, they promptly rallied again practically to the initial highs. Liverpool cables were much better than due and rat er heavy rains were reported in Texas and elsewhere in *he belt and a condition average of 68.1, indicat- ing a crop of 12,500,000 bales was is- sued by a prominent private author- ity. Notice for 3,000 bales May de- livery have been issued so far. It is expected that all notices will be promptly stopped. Cotton futures closed steady at nel advance of 24 to 48 ponts. July ... October December January IAL. $6,074,600 PAYMENT ¢ DUE THE TREASURY National Banks of Country to Re- mit 5 Per Cent of March Certificate Sales. TRADING ON D. C. EXCHANGE American T. & T. Stock Offering Phases Under Discussion. BY CHAS. P. SHAEFFER. National banks of the country will pay into the Treasury tomorrow, through their regional members, $6 - 074,600, or 5 per cent of the proceeds of the March 15 sale of certificates remaining with them on deposit. The funds are one r certificates, bear ing 4 per cent interest. The original amount of the gove ment’s borrowing on March 15 totaled $400,290,000 of which $13 exchanges. To date, and includin morrow's payment, per cen been called in and $115,417 remains with the banks lowing its usual rnment undoubtedly will is of June 15 next derabi of federal paper to meet c debtedness. While the ment of income taxes matures date, the anticipated receipte be suffiei te redeem th 600 of thr per and the § of per cent certificates which f The new financing, will be for an amount $300,000,000, while the governed by the mo ng at time Effect The stockho phone havye vertib’ of next yes at ab, 1 now hauv fore a 00 custom rrent second in six- it is unde not 1t terms ney mar of issue of A. T. and dec T The c fourteer matu points_below and, of course 15 throush ids or extensi to new for the & per cen be affected ns s hat the holders of either con seribe st n notes do not nt nnot tinued ownership of the notes mus naturally, mean the loss of & per cer of their par vear in come. value per Industrinl Revenues. A decrease of § enues of the Sou April compared with the same offset by perating rn incd tors of th; re expected to ¢ n on the pre their meeting to movement of the doubt 5 w declar 4 per ent ann the pres rket value o res would ppear to have dis The earn ings of the company n run- ning to figures which such a distribution The fact tha ommon will Justi United 1 ex-div has been States Ste $1.75 dying e res of the stock the dividenc r the decline & sed sell it short pending e the dividend will come off Great Northern railroad yrity from the Commission 1o 400.000 of 5 per cent equipment trus: certificates. for the ing and_rebuilding of cars. The certificat at not less than Trading on D. . Exchange. Trading on the W Exchange today able portion of the main wa at unchan prices. District while indi the The sked mmerce to al Bank. which Security and and Washir sold to the extent of 14 and upward to hares of Lincoln brought 3421 rfoik par unchanged at Personal Mentio Columb! been seriously and today il with pneumonia was allowed 3 Herrell. p nt of 1 Intérnational Finance Corporation. jured in an automobile accident some Weeks ago, will be allowed to resume s duties in a few days ' YORK DAIRY MARKE Butt cred a40; crear do.. first packi st storage cred sec poorer, a4’y . nearby whites, closely selected ex nearhy and nearby west firsts to averaze nearby hennery 3 Pacific ; do., firsts, receipts, 1 milk, flats. erage Tun ts, held regular packed, onds and hennery tras, ern henne fresh, al7; do., 162 vhole mil NIEW YORK, May 26 Keceipts of produce were libe day with trading only moderate Prices on barreled apples were Jow A grade nch Baldwins ran from 550 to_5.00 D Davis from 250 1o 2.75 Rhubarb held steady at 2.00 to mostly 2.50 per 100 bunches Prices on old crop potatoes steady, but new were lower. Carolina_potatves are arrive. Prices for the 5 6.00 per barrel for No._ I:lm' d No. 1s brought 6.50 to 5. Ups flr: rotind whites No. 1 brought mostly 3.00 to 3.10 bulk per 180 pounds and 2.40 to 2.60 per 150-pound sgck Yellow No. 1 onions brought 1.50 to 1.90 per 100-pound sack. Carrots held steady at 10.50 to 12.00 per bar- rel. North Carolina new erop car- S e were 5.50 0 Opening—May, July, 20.74; October, 25.85; December, uary, 25.50. LIVERPOOL, May 26.—Cotton, spot, demand, improved business:; prices steady. Good middling, 18.99; fully middling, 18.54; middling, 17.99; low middling, 17.1 good ordinary, 16.14; ordinary, 15.64; sales, 7,000 bales, in- cluding 5,900 American; receipts none. Futures closed steady—May, '17.99; July, 17.39; October, 15.63; Decémber, 15.i7; January, 15.07; March, 14.94; May, 14.77. & e rots brought 1.50 to per basket BALTIMORE DAIRY P BALTIMORE, Md., May 26 (Spe- clal).—Live poultry—spring chickens, pound, 35a50; Leghorns, 30ad stags, 25; Leghorns, old, roosters, 18al7; ducks, youns. pigeons, pair, 40a50. Eggs (loss off)—Native and nearby firsts, frec cases, per dozen, southern, 22%. Butter—Creamery, good to It matters little what it is that.you ‘want—whether a sgltuation or a ser- vant—a want ad in The Star will reach the person wllo will flll your want, 35a41; nearby creamery, 36a3! 40a42; ladles, 30 rolls, 2831 dairy prints, 29a31; 'process Wutter, |34a45; store packed, 28.