Evening Star Newspaper, June 17, 1924, Page 26

F BEARS ARE ROUTED AS STOCKS ADVANCE Baldwin Locomotive Leads Market: as More Leading Issues Go Higher. TIRE SHARES TURN WEAK Investment Element Less Active Today—Pools Busy. . BY STUART . Special Dispatch to The § NEW YORK, June 17.—The atten- tion of the stock market again today was mainly given to industrials and public utilities. New high prices were made in such leaders of the list as Baldwin Locomotive and American Can. The former was easily the lead- er of the list, the short interest be- ing put to rout completely. The dis- comfiture of the bears in Baldwin had fts effect upon the ‘attitude of the shorts in the steels and sugars, and these stocks were drawn upward aft- er some uncertainty at the start. Rubber res Turn Weak. Announcement of the passing of the cdividend on Kelly Springfield 6 per cent bore out all that had been said about the depression in the tire busi- ness. For awhile the announcement served to facilitate short covering in the United Stat Rubbers, the first preferred running up nearly 2 points. But later th gains were undone. JKelly Springficld 6 per cent is the first preferred stock of the company. The dividend on the 8 per cent sec- ond preferred was passed on the 1st of May. For court WEST. some reason the decision in the Gas case did not take surprise. Probably this of the confidence felt that the con- fiscatory nature of the §1 gas law was something that was clearly tound to be upheld. The stock after drawing up around 70 ran into a large amount of profit-taking. Field Day in Specialties. a field day for stocks of the spec class, particularly for the higher-priced iSsues easy to mark up on account of the scarcity of the floating_supply. Among these were United Fruit, National Lead, Amori- n Tobacco, Kresge and i.an odak. The last named was more ac- tive than it been for some time, but for no new reasons. Lower-priced stocks of the pool va- sh_themselves were Colorado Fuel and Iron al Asphalt. Davison Chemical responded to reports that the Roval Dutch had definitely taken up the silica jel proc of “oil _re- fining. United States Cast Iron Pipe made another new high. Texas Gulf Sulphur Strong. Buying continued in Texas Gulf Sul- phur in anticipation of fayorable divi- Current_distribution is at $6 annually, although the s voted extra disbursements of 50 cents quarterly. It is expected that the dircctors will increase the regular rate to 37, and also authorize an additional cash payment. Texas Guif's_earnings are sufficient to war- rant higher dividends. . Sponsors of Woolworth continued opti- mistic, and no longer regarded the low return on the basis of the current §3 dividends as of any consequence. They were confident that the high selling prices were discounting higher divi- dends. It was reported that in May the Jargest gains in Woolworth's busineSs were in the sections where general busi- ness was dullest. The oils were especially favored to- day in the private advices of one of the largest Broadway wire houses, which has been active in the buying movement on the stock exchange dur- ing the past week or more. Among the oil shares mentioned were Pacific 0il, Pure Oil, Standard of California, Houston, Mexican Seaboard, Marland and General Asphalt. Less Investment Activity. In today's markets the investment element was less prominent and the speculative element more prominent than on other days. Undoubtedly the stight reaction in the bond iist was no more than the natural pause after an advance as rapid as that of the last fortnight. Certainly it did not warrant the conclusion that the im- pulse toward higher investment val- Ues afforded by the extraordinary money conditions had been exhaust- ed. But it a fact that lower bond prices coincided with less interest in stocks of the investment class and an increase of activity in stocks of high- Iy_speculative character. There was some indication in the speculative quarter that outside par- tigipation was increasing, but prin- cipally the bidding up of prices was the work of pools and professional favorable lidated Tt operators, the latter converted from | the short to the long side after six weeks of fruitless efforts to exploit the unfavorable points in the busi- ness situation and the uncertainties of politics. Late Trading Very Dull. In none of the other markets was the same interest taken as in the stock market. Both the wheat trade and the cotton trade were evidently buzzled as to the extent of the im- provement in crop conditions result- ing from the warm weather of the last few days. The stock market quieted down in the afternoon and fell away gen- erally. It was quite obvious that the advance ad been depending upon the support of the short interest, and as this was reduced, the ab v put up prices was corrospondingly diminished. In the last hour or so there was better recognition that, while there had been abundant ground for the recent rally, the set- 1ings were quite unsuitable, for any fresh campaign for the rise. MARKET CLOSES IRREGULAR. Quotations Break Heavily in Last Hour Trading. By the Associated Press ¢ YORK, June 17—Bear trad- ers provided stiffer opposition to the upward movement of stock prices in today's market, being assisted by heavy realizing sales and profession- al' operators. Independent strength was shown, however, by the public utilities, tobacco and chain sfore is- sues. Sales approximated 900,000 shares Profit-taking was on a more lib- eral scale in certain sections of the list in the early afternoon, Norfolk and Western, Delaware and Lackawan- na, Atlantic Refining and Allied <hemical showing conspicuous heavi- uess. The effect of this selling was neutralized by the buoyancy of some high-priced speciaities and the ex- panding inquiry for many of the mi- nor shares. General Electric sold at 236. a new high, while Matheson Al- hail rose G points, United Fruit 44% and South ‘forto Rico Sugars 3. The closing was irregular. Ex- tended _profit-taking was accom- panied by a renewal of bear selling in late trading, many active shares sell- jng a point or more under yesterday's final quotation. Markets at a Glance [ =3 New York—Stocks irregular; pub- lie utilities show independent strength. Jronds firm; Belgian 8s set 1924 high racord. Foreign exchanges unsettled; French francs decline 18 points. Cot- ton easy; disappointing cotton goods trade. Sugar lower: increased offer- ings. Coffee steady; importers buy- i ng, | Chicago—Wheat firm; export de- mand. Corn steady; small receipt: Cattle irregular; demand narrow. 1.ogs active and higher. INANCIAL, Adv. Rumley. . Adv Rum pf (). Air Reduct (4) Ajax Rubber. Allied Chem (4). AIC&Dpt (7).. Allis-Chalm (4). Allis-C M pf (7). AmAgri Am Bank N (5). Am Bosch. . AmBrS&F (i Am Can (16). ... AmC&F (12).] Am Chain A (2). Am Chicle. ... Am Chicle pf. Am Express (6) Am Hide & L pt. . AmIce (7;.. Am Ice pf (6). Am Internatl. ... Am LaF F E(1). Am Linseed. . Am Locomo (6' Am Radiator (4). Am Sm & Re (5). AmS&Rpf (7). Am Sugar. & AmT & Tel (9).. AmTel & Tel rts. Am Tobac (12). . AmTobR (12).. Am Tob pf (6) Am Water Wka. . Am W W pf (6). Am Woolen (7)., Am Wool pf (7). Am Zine. Am Zinc pf. Anaconda. Arn Cons & Co. ... Asso Dry G (5). Asso ON (1%).. . AtT&SFe (6).. AT&SFpt (5). Atl Coast L (18). Atlan Fruit cfs. AtGuit& W1 AtGulf & WIpf AtlanRef (4)... Austin-Nichols. Auto Knitter.. Bald Loco (7)... Bald Loc pf (7). Bal & Ohio (5) Barnsdall A..... Beth Steel (5)... Br'k Edison (8) Br'k-Man Tran.. Br Man T pt (6). BrklynUnG (4) Burns Br (10)... Burns BrB (2).. Butte C & Zinc.. Butte&Superior Caddo Cen O & R. Cal Packing (6). Cal Pet (1%)... Cal Pet pf (7)... Callahan Z Lead. Calu & Ariz (2). Calumet & H 50c. Can Pacific (10). Cent Leather Co. Cent Lea Co pf. Cerde Pan C (4). Certain-Td Prod. Chand Mot (6).. Ches & Ohlo (4). . Chic & Alton pf. . Chic & East Il Ch & East Ill pf. . Chic Gt West. Chite Gt West pf. . Ch Mil & St Paul. Ch Mil & St P pf. Chi & Nwn (4)... Chic R1& Pac. CRI&P Dt (6). Chile Cop (2%). . Cluett, Peab (5). Colo Fuel & Iron. Colo Southern Col Carbon (4).. Col G & . (2.60) Com Ir Tr (63¢). Com Solv A (4).. Com Solv B. Congoleum (3) Consol Cigar Consol Gas (5) Consol Textile. Cont Can (4) Cont Motors (20¢) Corn Products. Coseden Co. . Crucible St1 (4) Cub Am Sug (3) { Cuban Cane Sug. Cub Cane Su pf. . Cub Dom Sugar. Cuyamel Fr (4). . Dan! Boone M (3) Davidson Chem. . Del & Hud (9) Del L& W (6) Det Ed Co (8) Dome Mines (2) Doug-Pectin (1). DuPtdeN (8)... Eastman (16%). Eaton AX (2.60).. El Stor Bat (4) . End-John (5) . End-John pf (7) Eri Erie 18t pf. Erie 2d pf. Famous P1 (8).. Famous P1 pf (8). Fed Lt&Tr pf(6) . Fifth Av B (64c). Fisher Bdy (10).. Fish BO pf (8) Fisk Rubber. Fisk Rub pf Fleishman (3) Freeport-Texa: Gen Asph pf (5). Gen Baking (6) Gen Cigar (8) General Elec (8) .| Gen El spe (60¢c) Gen Mot (1.20). Gen Mot db (6). Gen Petm (2). Gimbel Bros. Goldywn Pict. . Goodrich. . Goodyear pf. Granby Consol. Gray & Davis. . Gt North pt (5). Gr Nor Ore (3)- Guantan Sugar. Gulf Mo & Nor.. . Gu Mo & N pf (5) Guif St8tl (5).... Hayes Wh'l (3). Homestake( 7) Houston Oll. . Hud Mot C (3). Hydraulic Stl pf. 111 Cent pf (6) . Indep O} (1). Indiahoma Ref. Indian Motorcyc. Indian Refining. . Inland St! (2%) Inspirztion Cop. Interb Rap TT. Internat Ag pf. Int Cement (4. Int Com Eng (2 Intern & Gt Nur Tne V0o, sar pf. 1nternat Nickel Inter Nick pf (6) Internat Pama=. Int Shoe pt (8) IntT&T (8). .. Jones Bros Tea. Jordan Mot (3) Kan City South Kan CSopt (4). Kelly Spr Tire. Kel Sp T pf (6) Adams Exp (6).. Alaska Juneau. .. Am Metal pf (7). Am Stl Fdys (3). Am W W 1st (7). Coca-Cola (7).... Com In Tr pf (7). DuPdeNdb (6). Fairbanks-Morse. FAM&SpL(D.. Gen Asphalt...... G'dyear prpf (8). Hartman Co (4).. Hupp Mot C (1).. Invincible Oil. ... Open. High. kil . 6% 30% 9% 8 1% 3% 115% 49% 4% Am Agri Chem. .. Ghem pf 7 6% 0% 80% 8 1% 73% 116% 49% 9% 8% 24% 120 26 83% 110% i 160% Am Drug Synd. . 21% 104 17 T3% 110% 103% £3% 100 364 43% 123% 3% 4% 141% 104 70% 82% 93% 70% 22% 1% 63 4% 94% b5 87 82 22 10% 17% 74 110% 104% 3% 100 35% 44% 128% 3% 146 142% 104 2% 84 93% 704 100 _100% ™% 26 30% 8% 92% 29% 103% 92% 125% 1% 17% 25% B'ch Nut (2.40) .. Chicago & Alton. . 71 36 45% 39% A 95. 56 45 40% 15 69% 3% 49% 6% 35% 27% 52 30% 12% 68% 4% 59% 24 51% 116% 125 . 106% 17% 9% 121% 8% % 26 30% 9% 2% 30% 103% 92% 1264 1% 1% 25% 102% 21% 2% 113% 114 (i) 17% 51% 47% 111% 18% 654 65% 108% 24% 4% 15 2% 2% 22% 9% 3% 4% 14% 106% 18 9% 121% 87% 106% 108% 13% 584 59% 110 28% 34% 29% 2% % 964 5 “u 10% 190 100% % 43% 50% 9 40% % 103 87 238% 11 18% 82% 40% 50% 14 18% “n 928 13% 5 60% 26% . 6% 16 1% 6% 36% 36% 43% 66 24 12% .4 Tllinois Cent (7). . 106 107% ™ . % 16% 6% 83 23% 24% 3% 44 8% 28 82%, 18% . 80% . 48 - 116% T4% 12% 20% 25% T 204 . 3% 13% 46% Kelly Springfd pf. 39% 13% 58% 6593 110 28% 4% 99% 2% 6% 954 75 “u 10% 190 100% % a“ 51% % 41% 7% 108 87 236 11 13% 824 40% 50% 14 18% “% 83 13% 5 61 26% % 16% 62% 68% 36% 85% % 6% 24 124 ‘ 106 108 % % 164 3 23% 23% 24% 3% “ 24 28 3% 14% 834 48% 118% 4% 12% 20% 28B% 20% 53% 14% 46% 9% 22% 16 63 A% 94% 54% 87 82 21% 10% 17 784 110% 22% 16% 63 4% 94% 544 87 82 21% 104 17% 73% 110% 103% 1044 634 100 35% 43% 123% 3% 144% 141% 104 0% 82% 93% 70 100 ™ 26 30 8% 91 92 1% 17 25 99% 21 2% 63% 100 35% 43% 123% 3% 145% 142% 104 THE EVENING STAR, WASHINGTON, D. C., TUESDAY, JUNE 17, 1924. Kenne Cop (3)... Keystone T&R. . Kinney G R Co. ... Kresge S8 (8)... Laclede Gas (7) Lee Rub & Tire Leh Val (3%)... Lig & Myrs (3). Lig & Myrs B (3). Lima Loco (4). Loews Inc (2). Ludlum Stl (2)... McCro? C pf (7). Mcintyre (75c. Mack Trucks ( Macy R H & Co. Mackay Cos (7) Magma Copper Man El Sup (4) Man El mod gtd Manhat Shirt (3) Maracaibo Oll. ... Mkt St Ry prp.. Marland Oil. . ... Martin Parry (3) Mathieson Alkall Maxwell Mot A.. Maxwell Mot B May Dpt St (5) Mex Seaboard(2). MexSeabd ctfs(2) Miami Cop (2) Middle St Oil. . Mis Kan & Tex. MisK & Tex pf. Missour! Pacific. Missouri Pac pf. . Mont Power (4) . Montgom Ward. . Moon Mot (3). Mother Lo 37%e. Nash Mot (18%) . Nat Biscult (3).. Nat Dairy (3).. Nat En & St. Nat Lead (8) Nat Ry, M 2d pf.. Nat Supply (3).. Nev Cons Cop. .. . NewO,T&M 123% N Y Air Br (4) N ¥ Central (7). N Y C&StL (6). Ny C&StL pf (6) . NYDock....... NY NH & Hart. N ¥ Ont & West. Norfolk South. .. Norf & W (18)... North Anser (2). North Am pt (3). North Pac (6). . Nunnally Co (1).. Onyx Hos pf (7). Otis Elev (n) () Otis Steel Owens Bof Pacific Develp. PacG & E (8). Pacific Ofl (2).. Packard (1.20).. Pan Amer (4). Pan Amer B (4 Penn Rallrd (3). Penn Seab Steel. Peoria & East. . Pere Marq (4). ... Pere M prpf (5). PhyaCo (4)..... Phila & R&I ctfs Fhila&R&I.... Phil Mor (50¢} Phillips Pet (2).. Pierce-Arrow. Pierce-Arrow pf.. P-Arprpf (8) Pierce Ol. Pierce Oil pi Pitts Coal (4 Pitts Coal pt (6) . Pitts FtW&C (7) Pitts Ut pf 1.65. . Pitts Ut ctfs 1.65. Pitts & West Va. Postum Cer (4). Press St1C (4) . Prod & Refiners. PubSer NJ (4). Public Serv rts. Pub S NJ pf (8) Pullman Co (8). Punta Al Su (5). Pure Ofl (1%)... Ry Stl Spg (8) Ray Cons Cop. Reading (4). Reading rts. Read 16t f (2). Read 2d pf (2) Reis Robert...... Remington Type. Replogle Steel. . . Rep Ir & Steel. .. Rey Tob B (3)... Rey Tobpf (7) .. Roy D'tch (3.46).. Royal Dutch rts. . St L San Fran... St L-San Frpf, St L Southwest. . St L S'th pf (5). Savage Arm: Schulte (8) . Schulte pf (8 Seaboard Air L. . Seab'd Alr Lpf.. Sears Roe & Co. Seneca Copper. . Shell Un Ol (1) Simmons Co (1) Simms Pet Sine Con O Sin Con O pt (8). Skelly Ofl. 5 Sloss-Sheft (6) So P Rico Su (6) So Por R S pt (8) South Pac (6).... Southern Ry (5). South Ry pf (5) Std Gas & El (3). St Oll Cal (2). StOINJI(1).. .. Std Plate GI(75¢) Stegling Pr (4). Stew't War (10) Sweets Co of Am. Tenn C & Ch. Tex: @). Tex Guif (16%). Texas & Pacific. . Tex & PacC&O. Third Avenue. Timken (13%).. ‘Tob Prod (6). Tob Prod A (7). Transcont Oil. Twin City R (6) .. Underwood (3) Un Pacific (10)... Un Pacpf (4). . Un T Carpf (7).. United Drug (6) . Utd Fruit (10). Utd Ry Invest. ... Utd Ry Invest pf. Universal Pipe. U 8 Cast Iron P, USCIP pt (7). U S Distributing. U S Ind Alcohol USR&Im (3). USR&IPL(7) U S Rubber.. USR1stpt (8 U S Steel (16) U 8 Steel pf (7) Utah Securities. ‘Vapadium Corp. Va-Caro Chem. Va Ry & Power. Vivadou. ‘Wabash Wabash pf A. wald 8y8 (13- ‘Web & Heilb (1). West Pen (4) ... est Mary! West Mary 2d pf. Western Pacific. . West Pagpf (€). ‘West Un Tel (7). ‘West Air Br (6). Wh Eag Oil (2) White Mot (4). Wickwire Sp Su., Wilson & Co. Wil&Copf. .. Willys-Overland. Willys-Over of... NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Open. High. Low. Close. 88% 1% 56% 380% 28 9% 4en 55 54% 60 15% 658% 874 93% 20% 108% 16 85 63% 110 21 4% 374% 86 28% 474 31% 33 3% 4T% 12% 895 20% 20% 20% 2. 13% 88 17% 48% 61% 245 20% % 103 53% 33% 26 139 1% 58% 13 100% 44% 104% 84% 86% 21% 0% 1% 58 3%0% 23 9% “y 55 b4% 60 15% 58% 873 98% 20% 102% 16 85% 6344 110 27 444 3714 85% 284 4T% 31% 33 1% 48% 13 89% 21 21 2% 8% 1% 56% 380% 3 9% 43% 55 54% 60 16% 68 37 28K 20% 102% 16% 84N 63% 110 27 a“ 37% 85% 28 AT 81 33 37% 4T% 12% 884 20% 20 20% 2 13% 87% 17 48 61% 24% 20 6% 103 58% 334 26 139 1% 58% 13 99% 44 104 84% 86% 34 20% 18% 17 120% 264 4T% 554 % 84w 6T% % 42 ¥% 24 10% bl% 50 % 89% 1% 58 380% 3 9% 43% 55 b4w €0 16% 68 37 93% 20% 102% 16% 85 63% 110 27 4 37% 85% 28 AT 31 83 40% % 12% 88% 20% 20 21 2 13% 3T 17 48 614 24% 20 1 103 53% 334 26% GOVERNMENT BONDS ARE TRIFLE LOWER Temptation to Take Profits One Factor in Small Reaction Noted Today. LESS MONEY AVAILABLE Belgian Issues Strong and French Liens Rather Weak. BY GEORGE T. HUGHES. Special Dispateh to The Star. NEW YORK, June 17.—Evidences of reaction appeared In the bond mar- ket toddy. Although money rates were not changed as far as quotations were concerned, the supply of avallable funds was not quite as large as on Monday. This may have had some- thing to do with the easler tone in the bond market, but it is more prob- able that the Invitation to profit-tak- ing afforded by the rise of the past ten days was too strong to ba re- sisted. There was, however, no weak- ness anywhere and in some cases the move was upward. Opinion of traders and deajers continued optimistic as to the long-range outlook. Liberties Trifie Lower, All the liberty loans were a trifle lower. In the high grade rails and industrials there was not so much change and large blocks were still in demand. Foreign bonds were ac- tive again, although slightly lower. Here, too, profit-taking was evident- ly going on. French 85 at one time were a point below Monday's clos- ing, while French 7%s were down a littie less. Brazil 85 made a new high for the year, reacting slightly later. Both Brazil'7s and Brazil 7 were strong Speculative rails were generally lower. This was particularly true of 1 G. N. adfustments, at one time down more than a point from the high reached after the announcement of the approval by the Interstate Commerce Commission of the deal with the New Orleans, Texas and Mex- fco. St. Paul issues were mostly heavy, although the general 318, se- cured under the first mortgage on the system, sold up about a point and a half from the last sale almost to the high of the year. Among the in- dustrials recovery kept up in Pierce Arrow 8s which sold above 77 Belgian Bomds Strons. By the Associated Press. NEW YORK, June 17.—Although the bond market continued to display a strong undertone, trading quieted down in today's easly dealings. Belgian 7%s rallied to a mew 1924 high price at 10 and several other s ehowed moderate improvement. French s declined with a drop in the franc. Search for attractive railroad invest- | ments brought advances of a point or more in various medium-priced liens, and several industrial mortgages were active at rising prices. Gas company issues responded to the federal court decision holding the $1 gas law uncon. stitutional, Brooklyn Union Gas moving up'almost two points. e |HIGHER COMMISSIONS ~ TO HIT ACTIVE STOCKS By the Associated Press. NEW YORK, June 17.—Although officials of the New York Stock Ex- change .have made no,definite an- nouncement regarding a readjustment of commission rates on stock trans- actions, it is understood that the board of governors shortly will adopt a plan which will put the burden of higher charges upon the most a(‘lXVDI issues. A proposal which has been widely indorsed calls for an increase of $5 per hundred shares for stock | selling above $75 a share, which in- cludes many recognized market lead- ers such as United States Ste Bald- win, American Can and General Elec- tric. = - SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) Offer < Aluminum Co. of Amer. 7s 1 Aluminum Co. of Amer. 7s American Sugar 6s 1937.... American Tel. & Tel. 6% 19350 Anaconda Copper 6s 1923 Anglo-Americen 0il Tigs ciated Oil Co 1933 5 of Caada 3 1 nadian Northern 5ias 1924 of Georgin s 1929 Leather 5s 1925 L MIL & St Paul 6x 1984 . R. T & Pacific 5is 1926 Columbia Gas & EL 1st 58 19: Dupont 7ias 1581 i Federal Sugar Ref. ‘65 1833 Fisher Body ¢ Fisher Body Corp, Goodyear T. & R. Ss 193] Nor. 75 1936. of Humble Ol 5%s 1982......7.0 Kennecott Copper 7s 1000. o M., St P. & S. 8. M. 6145 1931 Morris & Co. 7%s 1630, New York Central 6a 1635 Oregon Short Line 45 1929 Peona. R. R. 78 1930. Co. 58 19320 Pure Oil 5%s 1 Tidewater Oil 6as 1631 Union Tapk Car 7gs 1830, U. 8. Ruber 7%s 1330, Wesiern Union 6l4s 1 Westinghouse E. & M. Wheeling Steel 1925, Rate. 29 % able, July 1 July 1 Juy 1 July 1 July 1 June 30 June 30 July 1 July 1 Juy 1 July 31 July 31 July 31 June 30 Foa uly 13 Aug: 15 ofcee; Edmunds & J pf. WL & RE Ist pf — EWL & RR 2d pf. Kirsch. A B pf... Lac Car lst pf. Marlin R pf. Phila_Rap T Prairie Pipe Line. Prairie Oil & Un Twist D pf.... United Verde Ex.. Woodley Pet. Woodley Pet. STOCKS EX-DIVIDEND. Date. Corporation. Ashare. June 17—Manati Sugar pf.. June 17—Manhattan Shirt Co pf. BREERREEE, RdEaRaREl Fecoccco ol S5Ehss i 17—Railway Steel Spring Co. Jame 17—Virginia It Coal & Coke June 18—Atlantic Coast Line. June 18—Loose Wiles Biscuit 1st June 18— do 24 pf.. June 18— do B. June 18— do pf. June 19—Chicago June 18—Col June 20—Amer Wholesale Corp pf. June 20—Burns_Bros pf. June 20—Chic Yel Cab Inc temp. Tome iiomesake Mining jl‘::e .‘D—llldll!fl ;iml Coal June 20— do pf__ 20—Kelsey Wheel Inc. i::: 20—Geperal Amer Tank Car Co. June 20— do pf.. : ;::: 20—Orpheum Circuit Inc. June 20—Worthington P & M June ‘.’D—Y fl“‘)"pl Cl: = Eircsal :‘l‘nl:: :’:‘l—‘lnfllln Motorcyele Co pf tem. June 21—Remiogton ‘Typewriter 1st pf.. el S 1t you want work read the columns of The Star. ‘Woolworth n (3).. 104% 104% 102 102 Wrig WJr (3)... 38% 38% 88k 384 Yellow Cab (5)... 47% 47% 4&7% 47% Youngst S&T (5). 64 64 64 64 {Partly extra. _$Payable in preferred stock. Dingesa rates ‘as given ln the sbore tabi are the asnual payments on_the latest quarterly or balf-vearty declarsi Unless _otberwiss soted. dividends. eare ot included. Call Money. HOURLY SALES OF STOCKS. 1lam.. 420,300 I NEW YORK BONDS STOCK EXCHANGE | | Received by Private Wire Direct to The Star Office. n §1,000.) TES BONDS. (Bales a: 1613 Sales. High . 225 101+10 101=1 .. 589 102-3 10126 102 708 101+10 101-2 1016 568 102-1 101-28 101-31 2604 102-8 101-27 1021 379 106=3 104-20 104-28 Lib 3%g. . Lib 13’4\‘ Lib 2d 4%s Lib 3d 4% Lib 4th 43 US4%s 1953, ent thirt; ns 1 Low. FOREIGN. Sales. High. Argentine bi Argentine Argentine Austria 78 Belgium 6s Belgium 7% Belgium 8s Berne 8s. Bolivia 8s. . Bordeaux 6s. .. Brazil 7s Brazil 714 Brasil 8s. .. Canada 6x 195 Canada 5%s 1929 Chile 75 1943. . .. Chile §s 1926, Chile 831941 Chile 85 1946 Christia Copenh; Cuba 5%s. ... Czechoslovakin 8s. Danish Munte 8s A Danish Munic 85 B. Denmark . . . Denmark fx. .. Dutch 164K, . Dutch Eaut 1 6547, Duteh Bant | 6562 Finland n { 6n 194, Framerican 7%n French Govt 7%un French Govt 8s. . Haltl 6s. .. i Holland-Amor 6x.. Japanese 4x. Japanese 1st 4%s. Japanese 2d 4% Japanese 6%n Jergens U M 6x" Lyon €s. . Marseille 65_.. Montevideo 7s. Netherlands 6. Norway 65 1943.. .. Norway 6s 1952 Paris-Ly’s-Med 6 Prague 7%s Queensland 6s. Queensland 7s Rio de Jan s 1946. Rio de Jan 85 1947. Rio Gr Do Sul 8s. .. Sao Paulo City 8s.. 0 Paulo State 88. ine Dept of 7 Serbs Crotes Slo 85 issons 6s. . Sweden 68 z Swiss 515 1946. . Swiss Confed 8s. Ud Kingm 5%5 29, Ud Kingm 5%s '37. Uruguay 8s 3 36 20 23 25 87 20 13 64 a1 .14 . 47 81 1 16 1 " [3 1 12 81 22 4 1 30 14 160 1 7 7" 29 165 158 L3 12 €9 2 4 83 10 81 92 102% 014 100% 106% 106% 109% 2% Ba% 864 8% U 1024 102% 7% 103% 108 105% 100% 914 96% 6% 108% 108% 81 91% 102% 91% 100% 105 106 109% 02 B3 B1% 101% 107 94% ” 97% 100% 1024% 89 83% 83% 104% 95% 13 60% 108 103% 103% 106 1054 MISCELLANEOUS, Ajax Rubber 8s... Am Agr Chem Tl%8 Am Chain s f 6s'33. Am Cotton Oil 5: Am Repub deb 6s. . Am SmIt&R 1st 5s. Am SmIt&R 6s. AmSugref 6s. .. AmT& Tcltrds.. AmT& Tcl trbs.. 6 12 1 g 14 22 4 <19 29 16 Am T & T deb 5%35.120 AmT&Tcves. ... Am Writ Paper 6s. Anaconda 1st 6s. Anaconda cv db 7s. Armour & Co 4% Armour of Del 5%8 Associated il 6s. . Atlantic Refin 5s. Barnsdall s £ 88 Bell Tel Pa bs Beth Steel 5%s '53. Beth Steel s 6s... Brier H St 1st 5%s Bklyn Ed gen §s. . | Bklyn Edison 7s D. Bklyn Union G 5s.. Bush T Bldg 5s '60. Calif Pete 6128 Can Gen El deb 9 2 .107 7 4 21 1 16 6 .19 18 3 20 22 8 4 g 5 3 5 7 Central Leather 53 147 Cerro de Pasco 8s.. Chile Copper 6s. CinG & E5%8'6: Col Gas & El 5s sta Commonwth P 6s.. Con Coal Md 1st 5s. Consumers Pow 58 Cuba Cane cv 7s 30 Cuba Cane cvd 8s. Cuban-Am Sug 8s. Denver Gas 5s. Det Edison ref 6s. . Du Pont de N 7%s. Duquesne Light 6s. Est Cuba Sug 7%s. Empire G&F 7%s.. Fisk Rubber 8s. Gen Elec deb 5s. Goodrich 6%s. ... Goodyear 8s 1931.. Goodyear 8s 1941.. Hershey 6s 1942... Humble O&R 5%s. Illinois Beii 1st 5s. Illinois Steel 4% Indiana Steel 5s. ... 25 17 26 4 16 2 11 3 15 15 36 41 . 54 4 27 67 16 2 15 97 4 1 85 87 864% 95 94% 90% 904 924 92 944 93% 105% 105% 100 99% 96% 96% 100% 100% 102% 102 116% 116 47 454 96% 96% 97% 96% 86% 86 88% 884 99% 98% 97% 99% 891y 9414 89% 96 96% 102 108% 99% 945 97% 105 987 137% 101 99% 991% 93%, 85 94% 102% Int Mer Marine 6s. 55¢ 85% Inter Paper 55 '47. KCP &Lt 5s A'52. KanG & El 68°52.. Kayser (J) T Kelly-Spring 8s Liggett & Myrs Liggett & Myrs 7s. Lorillard (P) bs... Magma Cop cv 7s. . Manatl Sug sf T%s Mexican Petrol 8s. Montana Power 5s. Morris&Co 1st 43%s Nat Tube 1st 5: N Y Edsn 1st 6%s. NYG EL H&P 45 NYG EL H&P 5s. NY Tel :*I 4 Norta Am Ed 6 North Ar Ed 6 Nor States Pow bs. Nor States Pow 6s Northwst B Tel 7s. Otis Steel 7%s Otis Steel 8 Pacific Gas & E1 bs PacT & T 1stbs... Pacific T & T bs ‘52 Pan-Am Pete 7s. Phila Co 5%s'38. Phila Co ref 65 A Phil & Rdg C&I 39 32 25 L § 6 . 12 X 1 1 12 Pierce-Arrow 8s.. 113 Pierce Oil deb 8s. Producers & Rf 8s. Public Service 5s. . Pub Serv Elec 6s.. Punta Alegre 7s Robins & M 1st 7s. Saks &Cosf 1 Sharon St1 H 8s Sinclair Oil 6%8... Sinclair Ol 7s. Sin Crude Oil 6%s. Sin Pipe Line South Bell Tel 3 28 33 8 3 2 44 81 Southwest Bell 5s.197 Steel & Tube T Tenn Elec Pow Tide Wat Oll 6%s Toledo Edn 1st 7s. Unlon Bag'& P 6s U SRub 15t rt b U S Rubber 7%s USSteelst Utah Pow & Va-Car Chem 7 ‘Warner Sug 7s'39. ‘Warner Sug 7s '41. ‘Western'Elec s ‘Western Union ‘Westinghou: Willys-Ov 6%s 332 11 ‘Wilson & Co 1st 6s. 13 ‘Wilson & Co cv 6s. Wilson&C cv T%s. 16 21 24 65 26 44 Va-Car Ch %8s w. 28 4 7 88 931 98% 99 95 98 17% 97% 109% 98% 105% 9% 6% 101% 100% 111% 85% 100% 96% 106% 108% 94% 100 93 103 108% 87% 95% 3% 29 93% 102% 94 102% 98% 80 96% 109% 98% 108% 108% 6% 104% 100 87 92% 99% 100% 84% 9% 95% 104 -98% 103% Winchester A 73s. 20 101 Youngstn S&T6s. 4 9% -seconds. 13-32) Cloe. 1015 Low, Closs. 81 91% 102% 1% 100% 105% 105 109% 92 84 86% 08% 8% 102% 102% 97 103% 106% 1054 109% 91w 2 6% 108% 1017 91% 72% 7% 9% 7% 0% 8% Bi% Ba% 90 3% 96% 86% 1124 84% THiA 8T% 101% 107% 95 94% 97% 100% 102% 89% 83% 53ty 104% 95% 113% 6044 108 103% 106 85 86% 95 90% 924 934 105% 99% 6% 100% 102 116 47 963 97 6 88% 99% 99 98 9% 894 944% 894 96 97 102 109 100 94% 97% 105 9% 138 101 99% 99% 94 88% 91 92% 984, 107% 89% 105% 108% 106 105 924 101% 102% 97% 1034% 116 102% 99% 96% 94% 102% 85% 87% 93% 98 98% 94 97% 17% 979 109% 984 1054 97% T6% 101% 100 111% 85 100% 96% 106 108% 944 99 93 102% 108% 87% 954% 93% 9 93 RAILROADS. Baies. Hi 2 2 107 6 19 21 57 29 32 . 38 13 O SW div 3%s. 75 B & O Toledo 4s... 14 Bkiyn-Manhat 6s. 242 Buff R&PItt 4%s.. 2 Canad North 634s.. 19 Canad North 7 8 Canad Pac deb 4s.. 16 Car Clinch & O 5s. . 34 Car Clinch & O 6s.. 17 2 48 i 54 74 Closs. 62% 83% Ann Arbor 4s. Atchison adj 4 Atchison gen 4s. Atlantic C Lel 4 Atlantic C L 1st Ches & Ohio cv 68 Chi & Alton 3s. ... Chi & Alton 3%s. . Chi B&Q gn 45 '58. Chi B&Q 1st rf 68 CB&Q-Tldiv hi & E 11l gn & Chi Great West 4; M & Puget 8d Chi M & St P 48°25. 59 Chi M&SE P 45 34 €M &StPab4s Chi M&St P cv 438 43 Chi M&St Prf4%s 54 4 26 1 12 89 12 .4 34 ©hl & W Ind T%s CC&StLrI6s A, Cuba RR6s.. el & Hudson b%s Iren & Rio G en 4 1) & Rio G imp 5 & R G 18t rf 5: Det United 4%s. Erie 1st con 4 Erie gen 4s. Erfeconvis A. Frie conv 4s B. Erie conv 4s D. Erie gon ext 7s. Frie k Jersey 6s... Gr Trunk sf db 68 Grand Trunk 7s. . Gr North gen 5%s. Gr Northgen 7s... Green B& Wdb B. Havana ERL&P bs Hud & Man ref 5s.. Hud & Man aj & 111 Central ref 4 111 Central 5%s. Int Rap Tran 5s. Int Rap Tr 68 stpd. Int Rap Tran 6s. Int Rap Tran 7s Int & G Nor 1s Int & G Nor aj 61 Kan City Ft S 4 Kansas City S 3 Kansas City S § Kan City Term 4e. Lake Shore 45 '28. . Lehigh Valley 6s Louis & N uni 4 Louis & N 6s B. Louis & Nash 5%s. Manhat Ry cneis. Mil EIRy & L5 M StP & SSM cn Mo Pacific gn 4s. Mo Pacific 55 '65. Mo Pacific 6s. . N O Tex & M in 6 N Y Cent gen 3% N Y Cent cn 4s'98. Y Cent deb 4s. Y Centriss. Y Cent deb 6s. YC&StL6sA.. ew Haven d 4s New Haven cd 63 Y Ont & W ref 4s ew York Ry rf 4s Y Ry rf 4sctfs.. w York Ry aj 58 Rysadj5sct.. Y State Ry 4%s. orthern Pac 3s. Northern Pac 4s. .. Northern Pac 5s D. 21 Nortarn Pacriés. 5§ Ore & Calif 1st 5s.. Ore Short L ref 4s. Ore-Wash 1st rf 48 Pennsyl con 4%s. . Pennsyl gen 4%s.. Pennsyl gen bs.... Pennsyl 6%s Pennsyl gold 7 Pere Marq 1st §s PCC&StLbsA.. Reading gen 4s. Reading gn 4%s Rio G West 1st 4; Rio G West cl 4s. RIArk & L4%s St L IM&S 4529 St L IM&S R&G 4s. .37 11 - 20 .17 109 40 SLLS W st4s.... 11 St LS W con 4s5'32. 14 StP & KCShL 4%a. 21 StPUnDep5i%s.. 4 San A & Arn P 4s.. 24 Seab'd AL4ssta.. 20 Seab'd A Liref 4s..105 Seab'd A Ladj 5s.. 104 Seab'd A Licon 66 Sou Pacific 45°29.. 21 Soy Pacific clt 4s. . Sou Pacific ref 4 Southern Ry gn Southern Ry 1st ba 16 Southern Ry 6s ct. 24 Southern Ry 6% Sou Ry Mobile Third Ave ref Third Ave adj 5s. Tol Bt L & W 4: Unlon Pac 1st 48 Union Paclstrf Union Pac 1st rf 5s Union Pacific cv 68 27 Virginia Ry 1st bs. 62 VaRy&PlstSs.. 3 Wabash 1st 5s. Wheel & L E cn 4 Whel & LErf4%s 18 63% Wisconsin Cent 4s. 2 83% TOTAL SALES (Par Value) 1l1am.. 8960000 12noon 8 763000 1p.m..11827000 2 p.m..13279000 | cluding FINANC $20,000,000 BAKERY | COMPANY FORMED | - New Firm Will Operate Bakeries Throughout South, Announce- ment States. By the Associated Press. CHARLOTTE, N. C.. June 17.—An- nouncement of the formation of a $20,000,000 corporation, to be known as the Southern Bakeries Company, to operate bakeries throughout the south was made here today. Harry D. Tipton, vice president of the United Bakeries Company of New York, is president of the new organ- ization, which was formed under the laws of Delaware. General offices of the new concern will be at 512 5th avenue, New York. EARLY COTTON LOSSES MADE UP BY RALLY Less Anxiety Over Possible Dam- age to Crop Due to Very Hot Weather. By the Associated Press. NEW YORK, June 17.—The cotton market was comparatively quiet in today's early trading, but made a fairly steady showing on covering by July shorts and reports of con- tinued ~ high temperatures in the southwest. It was doubted whether the hot weather had caused serious damage so far, but deterioration was feared should it continue. There was evidently enough anxiety over the situation to hold selling in check. The market opened steady at an advance of 4 points on July, but 6 to 14 points lower on later months, then steadied, with July selling 25.55, or 12 points met higher, while Octo- ber advanced from 25.80 to 25.95, yes- terday’s closing quotation. Cotton futures closed barely steady. Hign v Close July Octol Trecefaber dunuary March . Openiny cem . NEW ORLEANS, June 1 ton market opened a shade lower on Liverpool cables proving slightly lower than due. First trades showed losses of 8, compared with the close of yesterday, and prices eased off during and immediately after the call, until July traded at 2825 Octo- ber, 25.05, and December, 2481, or 13 to 15 points net lower. After the overnight selling orders had been ex- ecuted the market rallied practically to the previous closing levels and ruled quiet, while waiting for the posting of the weather map. Cotton futures closed barely steads at et | declines of 21 to 38 points, July Dctobe Decembe: January March Openin LIVERPOOL, June Spot_dull, prices steady; good mid dling, 18.00; fully middling, 17.50; middiing, 17.00; low middling, 16.15; good ordinary, 15.15; ordinary, 14.65 Sales, 4,000 bales, 'including 3,300 American. Receipts, 6,000 bales, in- 4,900 American. Futures closed quiet; June 17.03; July, 16.71; September, 15.75; October, 15.18; De- cember, 14.80; January, 14.69; March, 14.57; May, 14.43. —_— CHICAGO LIVE STOCK MARKET. CHICAGO, June 17 (United States Department of Agriculture).—Hogs— Receipts, 30,000 head; moderately ao- tive; strong to 10 higher; bulk good and ‘cholce 250 to 325 pound butchers, 7.3587.40: top, 7.40; better grades 160 to 225 pound averages largely 7.002 7.30; bulk desirable 140 to 150 pound weight, 6.50a6. majority packing sows, 6.35a6.65; killing pigs_strong: bulk good and choice 120 to 130 pound prime, 6.0026.25; top, 7.45; bulk of sales, 6.95a7.45. Cattle—Receipts, 6.000 head: killing classes slow; uneven: demand nar- row; best steers and yearlings about steady with yesterday’s decline; she stock very uneven; fat kind ‘dull; steady to weak: canners, cutters and bulls weak to 15 lower; vealers qual- ity considered steady to 25 off; top matured steers early, 10.50; few loads, 10.25a10.35; bulk fed steers and year- lings, early 8.00a9.50; run increase by moderate to liberal holdover from Monday; packers and feeders com- paratively scarce, steady to weak: bulk, 5.50a7.50; most veal calves early to packers, around 9.00a9.50; few at 9.50. Sheep—Receipts, 9,000 head: slow; fat lambs early 25 lower; market un- dertone weak and decline; sheep very slow; weak; practically no early sales but native lambs, 15.00a15.50; start- ing severe; top to city butchers, 15. culls, mostly 9.0029.50; no top-range lambs on sale. GRAIN AND PROVISIONS. BALTIMORE, Md., June 17 (Spe- cial).—Potatoes, white, 100 Ibs., 75a 2.00; 150 Ibs., 1.50a3.25; new potatoes, bbl., 1.75a4.00. Asparagus, doz., 1.80a 4.00. Beans, bu., 1.00a2.25. Beets, 100, 3.00a8.00. Kale, bu., 40a60. Cabbage, bu., 90a1.00. Carrots, 100, 3.00a4.00. Corn, crate, 2.00a3.50. Cucumbers, crate, 50a1.75. Eggplants, crate, 2.00a 4.00. Lima beans, bu., 4.00a4.50. Let- tuce, bu., 25a1.00. Spring onions, 100, 1.25a1.75. Peas, bu., 2.00a3.00. Pep- pers, crate, 2.00a3.50. Spinach, bu., 50a 75. Squash, basket, 1.50a2.00. Toma- toes, crate, 1.00a3.25. Radishes, 100, 1.50a2.50. Apples, packed, bbl, 3.00a6.00; b 1.00a2.00; ~ box, apples, 2.25a3.0 Blackberries, quart, 8 to 12. Grape- fruit, 1.50a3.25. Oranges, box, 4.00a 5.00." Strawberries, quart, 7al6. Pine- apples, crate, £.50a3.75. Peaches, crate, 1.50a2.25. Cantaloupes, crate, 1.25a3.50. Settling Prices on Grain. Wheat—No. 2 red winter, spot, 1.15%; No, 2 red winter, garlicky, do- mestic, 1.15%; no quotations on No. 4 or No. 5 red winter, garlicky. Sales—None. Corn—Cob, new, 4.35 and 4.40 per barrel for yellow and 4.25 and 4.30 per barrel for white; No. 2 corn, spot, 87%; No. 3, 84%; track corn, yellow, No. 3, 90 and 91. Sales—None. Oats—No. 2 white, 59 and 5812; No. 3, white, new, 58 and 58%. “lzye—:\leuby, 70a75; No. 2 rye, spot, Hay—Receipts, 109 tons. Most of the hay on sale here now is of an unde- sirable quality of clover mixed and heavy clover, the demand for which is indifferent. Very few straight cars of No. 1 and No.g2 timothy are of- fered, and for sfth hay there is a fair demand at full quotations. Quotations—No. 1 timothy, 29.00; No. 2, 28.00a28.5 No. 3 timothy, 26.00a 27.00; No. 1 light clover, mixed, 2’ light clover, mixed, . 1 clover, mixed, 26.50: 24.00a25.00. 1 straight 24.00 per ton; No. 1 tangled m;o & — Cotton— CANADA PLANS TO DO OWN NEW FINANCING By the Aseoclated Press. NEW YORK, June 17.—Canada’ recent success in absorbing large blocks of Dominion government and corporation bond Issues has led lockl bankers to believe that prospective Canadian national ways and various municipal loans will be floa ed internally. Technical market con- ditions faver New York, but this ad- vantage, it is believed, will be out- weighed by Canada’s pride in her ability to do her own financing. PRICE OF PEARS RAISED. SAN FRANCISCO, June 17 (Spe- clal).—California pear growers have Boosted prices to canners $5.00 a ton, to 3$57.50 net. T TODAY’S METAL PRICES. NEW YORK. June 17.—Copper quiet. Electrolytic spot and futures, 12%a12%. Tin strong; spot and fu- tures, 44.62a44. Iron, steady. No. 1 northern, 19.50a 21.00; No. 2, northern, 19.00a20.00; No. 2 “southern, 20.00a2100. Lead. quiet Spot, 7.00a7.25. Zinc, quiet. East St Louis, spot and nearby, 5.85. Anti- mony, spot, 8.35. R RAW SUGAR REACTS. NEW YORK, June 17.—The sharp advance in the raw sugar market yesterday led to increased offerings early today, and prices reacted % to the basis of 5.15 for Cuban daty paid. Sales reported were 5,000 bags of Porto Rican and 10,000 Cuban at | issue IAL." DEYBER WILL NAME COMMITTEES SOON Local Bankers’ Association to En- large Work During Pres- ent Year. EXCHANGE TRADING ACTIVE Dividends Declared—B. & 0. to Raise $35,000,000 in Bonds. BY CHAS. P. SHAEFFER. Victor B. Deyber, new president of the District Bankers' Assoctation, will call his embryo council of adminusra- tion together the latter part of thia week, or the beginning of next, for th purpose of collaborating with him % the selection of his various committees for the ensuing year. At least nine committees wil be carried this year to aid in the further- ance of the assoclation’s work, includ- ing two heretofore not created, namely a budget committee and one to delve into the statistical data on bank de- Posits submitted by W. J. Waller at the convention held the first of the month. The first-named committee wil look into the financial needs of the as sociation, and its recommendation if adopted, will constitute the monetary outlay for 192 The functions of the body on bank deposits are rather obscure at present, but wi!l be thrash- ed out at the courcil meeting In addition to the above, there will e a committee on auditing, commer cial activities, fraudulent securities a special committee on standardized insurance, law and legislation, public education’and the protective commit- tee. Capital Traetion Stock Off. A decline in Capital Traction stock offset by a slight rise in the preferred of Washington Railway and Electric Company, proved the out- standing features of trade on the local board this morning. The for- mer sold in odd lots at 92 and 921 the trend being downward, with the latter recovering from 73% to 74 on sales of 77 shares. Lanston was un- changed at 72%, as was Nationa Mortgage and Investment preferred at 8% Bonds were firm and relatively ac- tive. ~Capital Traction 5s brought 97, Georgetown Gas 5s 87% and Washington Gas 6s 101%. Railway 4s were firm at 73, as were Potomac Electric 6s at 102%. Local Banks Vote Dividends. Directors of the Northeast Savings Bank have declared their regular semi-annual dividend of 4 per cent The Columbia Title Insurance Com- pany has declared the regular semi- annual disbursement of 3 per ocent and an extra of 2 per cent, payable to stockholders of June 30. Transfer books close from June 20 to 30, in- clusive. The Real Estate Title Insurance has declared a regular dividend of 3 per cent and an extra of 2 per cent, paya- ble on June 30. Western Maryland’s Earniags. Earnings of the Western Maryland Raflway Company oontinue to fall off The estimated receipts for the first week of June were $369,056, a de- crease of $130,098, or 26 per cenl compared with the same period of last year. For the vear to June 7. sstimated gToss earnings were $8,511,284, a de- Crease of $1641,390, or 18 per cent over last year. Revised Commission Rates. A revised scale for brokerage com missions on stock sales has be completed by New York Stock Ex change officials, it is claimed by New York publications, and will be put into operation shortly. The tentative schedule, It is said provides for the following changes $7.50 a 100 shares for stocks selling between $1 and $10; $17.50, between $10 and $25; $15, between $25 and 375 $20, between $75 and $125, and $25 for stocks selling at $125 and above. As the majority of the active issues sell above a share it is readily seen that they will bear the brunt of the higher rates. B. & O. to Issue $35,000,000 in Bondx. The Baltimore and Ohio Railroad Company was authorized by the In- terstate Commerce Commission today to issue $35,000,000 of refunding and general mortgage 6 per cent bonds It also was given permission to pledge with the trustees of the mort- gage a total of § 300 of the Bal- timore and Ohio's Toledo-Cincinnati division first lien and refunding mortgage bonds, and to pledge with the trustees of certain mortgages, $5.000,000 of Schuylkill River East Side Railroad Company first mortgage bonds. The Chicago and North Western Railway Company was authorized tc day to issue and sell $3,150,000 of gen- eral mortgage gold bonds. st DAIRY PRODUOTS BALTIMORE, June 17 (Special).— Live poultry—Spring chickens, Dfl\l’:’\d. 5a45; leghorns, 30a35; old hens, 21a leghorns, old, 21a22; roosters, Ducks, young, 28a30; old, 15a Pigeons, pair, 40a45. Eggs_(loss off)—Native and firsts, free cases, per dozen, 27; ern, 26. Butter—Creamery, good t pound, 38a43; prints, 43a45: nearbs creamery, 35a36: ladles, 30a32; rolls, 28a31; dairy prints, 29a31; process but- ter, 34a35; store packed, 2§. = - nearby south- to faney. Chieago Grain Prices. CHICAGO, June 17.—After more than a week's advance, the wheat market underwent a moderate reac- tion today during the early dealings. Commission houses were good sellers. the chief apparent motive being to realize profits on wheat which hat; been bought on the long upwar swing of values. Under $1.15 for September, however, buying again broadened out and the market rallie to near yesterday's fini Opom‘nz quotations, which ranged (l'flrr\_I half to 113 cent lower, with Jul;\' 1.13% 1.13% and September 1.14% to 115 were followed by a gradual recovery Better weather conditions tended to ease down corn After opening 14 to % off, July, 81% to vflZ, the mar- ket held near to the initial range. Oats took their cue from other grain. Starting 's to 1% lower, Jul,\_ 45% to 46%, prices reacted to almos the same as yesterday's close. Upturns in hog values gave prom- ise to provisions. WHEAT— “©pen. July . . 1L13% September 1.0 114% December . 11T% o S1% s“:‘n{flmh»r 8y December . £E OATS— July .. September DecPmber ... LARD— July September . RIBS— July . September . Close. 115 116% 1187 it Low. 118% 114 T16% £ s1i3 i Bit 4% 10.67 1085 10.00 10.05 10.40 1072 RAW SILK GOES HIGHER. NEW YORK, June 17 (Special)— The raw silk markets were a little quieter today, but the upward swing Sontinued, price advances of 5 to 10 cents a pound being=noted on most es. The cotton goods markets ontinued _quiet with a few pric changes. Print cloths were quoted at § oents for 64 by 60 and 10% for 68 by 72. NEW YORK EGG PRICES. NEW YORK, June 17.—E; ir- regular; receipts, 51,024 cases; fresh gathered extra firsts, regular packed. 27%a28%; do., storage packed, 28%ua 2915; fresh gathered firsts, regular 5.28 and later 10,000 bags of Forto Rican and 20,000 Cuban at 5.15, all for June and July shipment, cked, 26%a27%: do. storage 3;. 2"”&]2!%' fresh gatfiered seconds ana poorer, 26a26%.