Evening Star Newspaper, January 6, 1925, Page 24

24 FIN SHARP ADVANCES INFINAL TRADING Atchison Dividend Gives Im-| petus for Lively Buying in Afternoon. TUART P. lie YORK. Janu Prices | Allis Chlm pf (7) 103% | Am Ag Chm pf. . ANCIAL, THE EVENI NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Low. Close. 62 62 81% 93k 50M 504 88% 90% 13% 185 13% o3¢ 22c 22 Alaska Juneau.. 1% 1w 1 1 Allled Chem (4). 8214 82 32% Alliad Cm pf (1) 117% DS, Allls Chalm (4). 71% Hexib Y " 108% 42% 425 87k Open. 62'% 911y 50% 88% High. Abitibi Pow (4). Adams Exp (6). Ad Rumly pf (3) Air Reduct (15). Ajax Rubber . Alaska Gold. Grt Wstn Su (8) Greene Canan Guantanamo. Gulf Mo & Nor. . Gu Mo & N pf 6% Gulf St Steel (5) Hartman Co (4). Hayes Wheel (3) Hayes W nr(.\,, Homestake (17) Househ P (1335) Houston Oil Hudson Man.., . Hud Man pf (5). Hudson Mot @. Hupp Mot (1). 9314 50% 9136 423 Am Beet Sug (4) 40% Am Beet Spf (6) 87% Am Bosch . 43 Am Brk Shoe (5) 98 today, | er | | rallied on the Stock F th call money renewing at cent and funds av and with t an improved | technical position fellowing Monday's | heavy selling | The demand for a mber of (h»i railway shar riy F Atchison and Centr h atest market about and lative interest. Th n the rails had selling of the indu ing day. but today market up again Atchison sold a new higl force In arousing vival of buy N a cover ials th the rails h wa before the nd. With rd offe the ever dividend cur. thi ai > 1909 the id than in the would oc Gossip. of ecomsolidat re and Ob Jersey and Ohio was convinced increa this ¥ Ru full alti New timore and at an ad t Reading sc prices of the a further some time romo antral ading bou, Railr | Am Missour be reached ern Paci bid that something would on the dividend question, a new top, above 7 uth- 1 large tra s 104 again ilarly the mand dustrial list hesitated at the ted forward again when nt broke out an Smelting ard 2 points, and Kenn and the other coppers increase in the dividend from § n fully discounted in the re- cent rise in the stock across par. stocks > generally firm with A half point or more in -American B, Mexican Seaboard, sde 1 other active members of group. Stocks of such companies International Harvester, ars ebuck and Montgomery Ward, were very strong. Western Union was tak- en in hand and bid u oss 119. The incentive was the possibility of an In- creased dividend. Radio Corporation shares fluctuated erratically Kennecott Copper directors’ are ex- pected to ra dividend from $3 to $4 annually at their meeting in the near future. Kennecott's fina sound, and the compan profit of 100 per cent on 14-cent coppe ich common attracted furti buying on knowledge of tmproving business. The company has been earn- 1z at the rate of $7 to $8 a re on jis junior stock, and outlook for the first six months of 1925 at least is sald 10 be favorable. It is too early to con- side dends on the common MARKET CLOSES STRONG. done first prefer- fmproved. Many Shares Marked Up Sharply in Last Hour. | January 6.—Stock | recovery from | in today’s mar- | lated by the | nd American | and lower | money. Eastern railroad shares loped ked strength. otal approximated 1,700,000 shares. e closing was strong. High- priced shares were marked up sharply in the late trad m u Car and | Foundry riing 8% United States Cast lron Pipe 7% and Atlan- tic Refining and United Fruit | each. Radio Corporation was a u 70, raising Smelting a above | Markets at a Glance ‘ NEW rails YORK.-~Stocks higher; East strong H : rail < advance. | exchanges irregular; alted temporarily stton higher: spot house bu increased offering orable Brazilian onds fir “ore rise | Coff report CHICAG, situation Corn ste Cattle Hogs weak; Wheat strong: firm cash ady: sympathy with wheat and higher. 1 heavy receipts. DIVIDENDS. ’ e. Payable. l Feb. 15 1 | Cont Mot (80¢). | Corn Pred (2) Com F Shoe 1FL 1 Minmi Copper or Proi N & 1 FOREIGN EXCHANG (Quotations 1by W. B Nominal gold value. | Davison Chem. . russels, frac Berlin mark Fran Athens, drachma M X Prague, crown Warsaw, zlots. Copenhagen, crown Christiania, crown Stockholm, crown NEW YORK DAIRY PRICES. W YORK, January 6—Butte ettled; receipts, 8, higher than extras (9 to 91 score) firm ; receipts, whites, extras, LOAN QUOTED ON BOURSE. PAR! January 6.—France's share of the rman Dawes plan loan was quoted on the Paris bourse today for the first time. These bonds, in denomi- | nations of £100 sterling, were quoted 375 francs, or approximately 941y ATC™IISON DIVIDEND. NEW YOI'X, January 6.—Directors of the Atchison, Topeka and Santa Fe | Railway Co. today increased the an- nual dividend rate from $6 to $7 a share by declaring a quarterly div dend of 1% per cent. payable March | ‘o stock of record January 30. | | | | . S RAW SILK MORE ACTIVE. NEW YORK. January 6 (Speclal).— Cotton goods markets were without ture today, business being slow nd prices mostly unchanged. Print quotations stood at 91; for 61 Ly 60 and 105 for 68 by Raw silks | Were a bit more active, but there were | uo changes In price quotations. (| Am & FrPpf(7) | Am | am | Am ! Am | Am | Am A Zin, | Archer-Danfels S| Booth | British Empire ! Butterick Co. | Cal Pete (1%).. | Calif Pet pf (7). | Calu & Artz (2. | Century Rib | Cero a Pasro (4) | Chi & E 11l pt CRI1&PDI(T). | Consol Cigar. | DuPont deb | Fairbanks Co. .. | Fatrbks (2.60).. | Fed Lt & T (* | Fed Mines pf (1) | Fisher Body (10 | Gen Am Tnk (3) ‘Gen E1 spl (60¢) | Gen Petrol (2). t Glidden Co. | Gt Nor Ore (). Am Can (18).... 163 Am Car & F (12) 196 Am Chain A (2). 281 Am Drug Snyd.. 5% Am Express (6). 159 Am & F P 25% (7 125 Am FPfpf (7). 126 ° Am & For Pow Illinois Cent (7) 11 Cent pf (6)... In end Oil (1) Indian Motoreye Indian Refining. Inland St (2%). Inspiration Cop. Iut Bus Mac (8). Int Cement (4). Int Com Eng (2) Internat Har (5) Inter Har pf (7) Int Mer Marine. Int Mer Mar pf. . Internat Nickel. Inter Nick pf (6) Internat-Paper. Int Pap pt st (6) 1nt Ry CA pf (3) Inter Shoe (5). . Int Tel & Tel (6) intertype (f11g) m Hide & Lea Am Hide & L pt. Am Ice (7) Awm Internatl Am La France (1 Am Linseed . Am Linseed pf.. Am Locomo (6) . Am Metal (2)... Am Radiator (4) 105% Blia 40 9 Am | Am 1 5% hip & Com Am Am § Sugar pt (7) Sumatra Sumatra pt 4T% 504 9314 121 38 134 86% Lobacco (B) 8% Tobac pf (6) 104% s (7) 111 s. 87 w ,-r ). 96 W W st (7) 100% Woolen. . 61% Wool pfd (7) 95% 10% 84 46% 4% 28 Bl 1281 3 119 Jewel Tea pf. ... Jones'Bros Tea. Jordon Mot (3) . Kan City South. < 0 Pt (4) | Kelly-Sprigfield. Kennecott (2) 3 v Whi (6). Keystone T & Kinney G R Am Am Am Am Am Am Ar Am Am Kresge mes 2 Laclede Gas (8). Lee Rub & Lehigh Val ( Lig & Myrs (3 Lig & Myrs B (3) Lima Loca (4).. Loews Ine (2) Loft. Lorrillard (3). s Lorillard pf (7) 4 Louis & Nash (5 Ludlum (2) . MeCro (1.60) B Mclntyre (i5¢). Mack Trucks (6) Macy H R & Co. ma Copper. . Mallinson & Co. Manat! (5) Manatl pf (7) Man El md g (5} Manhat Shirt (3) Manila Elec (n). Maracaibo Oil Marland Oil. ... Martin-Parry 4. Mathieson Alka. { Mathieson rts... Maxwell Mot A Maxwell Mot B. May Dept St (5). 107 Metro G pf (1.59) Mex Seabd (2) Miami Cop (2) Middle States. .. Minn & St Louis MinStP & SSM Mis Kan & Tex. MK & T pf (5) Missourl Pacific Missouri Pac pf. Mont Power (4) Montgom Ward Moon Mot (3). Mother Lode Mullins Body. Nash Mot (110). Nash pf (7). at Blacuit 1) t Biscu pf (7 at Dairy (3).. at Dept Stores at Distillers pt at Enamel &S t Lead (8) at Lead pf (7). at Supply (3).. Nevada Copper. NOT&EM 2315 N Y Air Br (4).. Y AirBr A (4) Y Canners (2) Y Central (7). NYCStL(6)... YC&StL pf (6) Y Dock pf (5). Y & Lack (7). Y NH & Hart.. Y O & Wst (1) iagar F pf 1% orfolk South. orf & W (i8) orth Am (3.40) orth Am pf (3) North Pac (5). . Onyx Hosiery Orpheum (1% Orpheum pf (8). Otis Elev (h‘—-) Otis Steel. Otis Steel pf . Owens Bot (3).. Pacific Coast. .. Pacific Gas (8) Pacific Ol (2).. Packard (11.50) Packard pf (7) Pan-Amer (4). Pan-Amer B (4) Park & Tilford. . Pennsy R R (3). Penn Seab Steel. Pere Marg (4 Pere Mar pf (5). Pere M prior (5) Phila Co (4) . Phila ERC& . Phillip Morris Phillips Jone Phillips Pet (2). .| Pierce-Arrow. Pierce-Arrow I'f ; Pierce A prior 8. Plerce Oil...... Pierce Oil pf.. Pierce Petrol Pitts Coal. . Pitts Ut pf (1.2 | Pitts Ut ctfs | Pitts & West Va | Postum-Cer (4) Press Steel Car. Press Steel C pf. ¢! Prod & Refiners | Pub Ser NJ (3). Public Serv rts. { Pullman Co (8). | Punta AlSu (3). 40 | Pure Ollo(1%). 29% Radio Corp of A 65% Radio-C pf (3%) 504 RSTICoefs (4). 70% 1 Spg (8).. 138% » pf 118 v Cons Cop... 16 2. | Reading (4). 9% Reading rts . 22% Reading 1st (2). 87% Read 2d pf (2).. 41% Remington Type 49% Replogle Steel.. 20 Rep Ir & Steel.. 61% Reynolds Sp (1) 17% Rey Tob B (3).. 7% | Roy Duth 4.42% 524 Rutland pf. 61% St Joseph Ld (2) 43 StL&SanF (5) 61% StLSanF pf (6).. 79% ! St L Southwest. 5U%s | Savage Arms 864 Schulte (8) 1131 huite pf (8)... 110 aboard Afr L. 21% Seabd Air Lpf.. 39% Sears-Roebk (6) 149 424 | Seneca Copper.. 1% Gimbel Bros.... B3% 3 ! Shattuck-Ariz.. 7% Gimbel Br pf (7) 104 Shell Trad (2.06) 43 | Ginter Co (1%). 28% ! Shell Union (1). 22% Shell Un pf (6).. 99' ! Stimmons (2)... 3% mms Pet (50c) Slncll]r Oil Qil. . Sheff (6). South Port § (6) Souih l'ac (5).. Am Zinept... . Anaconda (7éc). Aiin Arborpr: i Cons & Co Asso Dry G (5) Asso Oil (113). .. At T & S Fe (6) AT&SFpI (3). 93% Atl Eirm & At. . 4 Atl Coast L (¥8) 150'% & WI... 20% t Gulf & W Ipr 31 Reflinln 99% ef pf(7) 114% C! 10% 93y, 29% 129% 81 €5 40 22 18 66 b1 97 111% ol 3 150% g Atlas Pow pf (6) Austin-Nichola. Baldwin L (7).. Bal & Ohio (5).. Bal & Oh pf (4). Bang & Ar (3).. Barnsdall A. Barnsdall B Beech-Nut (3). Bethlehem Steel Beth Stl pf (7). Beth Stl pf (8).. sheries. Bkl Edison (8).. Brk-Man Tran. . Brkiyn Un G (4) Brown Sh pf (7). Burns Bro (10). Burns Br B (2). Bur Add Ma (3) Bush Term pf (7 Butte Cop (50¢) . Butte & Superion 91 951y 224 6oly 9515 89 22% 24% 1% 983 2! 654 9615 8l 2244 24% 1% 102 25% 102 4% 56 18% 150 19% L6 812 a2 8214 54%, 52% 12 85% 34% 464 954 106% 106% 9 9 15 2415 B4t 9% 27% 165% 26 Caddo Central. . Cal Packing () 1 Callahan Zinc. . Calumet & H 50c Can Pacific (10). 1560 Cent Leather. 19% Cent Leather pf. 56 CRRNJ (112). @) Certain-Teed Chand Mot (3). Ches & Ohio (4). Ches & Opf (6% 1084 | Chicazo & Alton Chic & Alton pt. Chic & East I11. QS% 95 16 Chic Gr West... Chje Gr Wext pf. i Chi Mil & St P. Chi Ml & SPpf. glni 04 4574 83 93 54 26 80 431 440 c uulnou'r:,) iR1&Pac... RI&Ppf(6). Chi Yellow C (4) Chile Cop (2%) Coca-Colo (T) Colo Fuel & Iron Colo Southern. Colo Sou 1st (4). 61 Col G & E (2.60). 464 Col G & B pf (7). 106% Col Carbon (4).. 49% Com Solv A (4).. 112 | Com Solvrgts... © Congol-Nairn (3 41% | Conley Tin Foil. 14 434 4414 61 T 46% 105% 104% 10: 49t 49% 491 2% 112 112 5 4% a4 41% 40%s 40% 14 14 p 271 3% 6% 4 (38 104 9 62 4T 25 102% 545 15% Con Distributi - 1028 Consol Gas (5). nsol Textile. Cont Can (4). Cont Insur (8) 68 104 914 4015 8% 6% 104 9% 40% 8% 81 Crucible pf (7). Cub Am Sug (8). Cuban Cane Sug Cuh Cane Su pf. “uba Dominican ban Dom pf. . (3) 4815 15% 81 87 13% 14% 489 5O 89% 8914 17% ¢l Boone. Deere pt (3 Del & Hud (9 Del L& W (6) D &R G Wst pf Detroit Ed (8) Dome Mines (2). Doug PPectin (1). Du FPont (8) 0% 09 64 90 27% 68% 25 146% 28% 69 25 1473% 45 30 0% 504 T0% 1:89% 118 16% 82% 23 384 44 504 21 61% 1% % 581 6l 44% 62% 9% b1% 88t 114% 110 21% 40 135 1% i 43 23 991 Dugquesne pf (7) Eastman (18).. Eaton Axle. Elee St Bat (1 Emmerson Brnt | End-John (5) { { Erie 18t pt Famous Pl (8).. Federal Mines. . Fish Bd O pf (8) Fisk Rubber. .. Fleischman (14) Foundation (6). Freeport-Texas. Gardner Moto 97 58% 142 963, 306 114 65% 102 Gen ATC pf Gen Asphalt. ... Gen Baking (6) Gen Motors (5). Gen Mot pf (). | Goodrich. - Goodrich pf (7). Guodyear pf ... Gdyear prior (5) 104 Granby Consol . Grt North pf (3) 17% 24 S4 24 'm NG 1 Spic | Stand Mill pf (8) STAR, WASHINGTON, LIFT BOND PRICES Further Relaxation Starts Good Buying—Foreign Obligations Easier. BY GEORGE T. HUGHES. Dispatch to The Star. W YORK, January 6.—Almost uniform strength prevailed through- out the bond market today. The trend was more pronounced in the second grade and speculative securities than in the strictly investment issues, but the latter were mostly higher also. Libertles were distinctly strong, the first, second and fourth 4%s being in the greatest demand. The Treasury 4%s and the new 4s were moderately higher. Among the high-grade rails, | Atchison General 4s sold #@ 88. The buying of United States Government loans was attributed to the lower quo- tations for time money. Rallrond Liens Active. I. G. N. adjustments were the lead- ers among the speculative rails, being very strong above 69, against their high of 1924 of T1%. Earnings are running at the rate of 9 per cent, and when the directors meet next month it was predicted today that o per cent would be declared. M., K. and T. adjustments, which had been weak late Monday afternoon re- covered practically all the loss to- day New York Central 6s went along with the stock to a new high and less than a point below the high rec- ord for all time made in 1916. There was considerable buying of the low rate New Haven bonds. Seahonrd 4x at 60. An interesting incident of the out- side mark the sale of Missouri nt notes, secured by exas and Mexico stock | at 99%. Seaboard Air Line refunding 43 touched 60 again. Erie convertible D were strong on reports that detalls of the plan for the leasing of the road to the Nickel Plate were about o be announced today or tomerrow. Magma Copper Ts at 127% were up over 5 points from the previous close. Anaconda 6s x0ld &t par. Sugar bonds were firm, with Manati Su Tias touching pa- also. Skel 6izs | gained nearly » point | Changes in the foreign group were unimportant Day's New Offerings. Today's issues included $12,- 000,000 City Philadelphia 4s to yield $3.90 per cent, $500,000 ew York and New Jersey Jolnt Stock Land Bank s to yleld 4. per cent and $600,000 South Pittsburgh Water | refunding 58 to yield 5.60 per cent] and $600,000 Monongahela Valley Wa- ®!ter 535 to vield 5.70 per cent. i STOCK SALE ORDERED. | Southern Cotton Oil Receivers Al ; lowed to Act. NEW YORK, January deral Judge Runvon, in Newark, N. J., has authorized receivers for the Southern Cotton Oil to sell 110,170 shares of stock of the Southern Cotton Ofl Co., Ltd, to W Pratt, managing director of the Southern Cotton Oil Co.. Litd., at 29 shillings a share. The Wesson Oil Co. owns 37,750 shares and the Southern Cotton Oil Co. the balance. The court also authorized receivers for the Virginia-Carolina Chemical Co. to sell 125 shares of In- dependent Guano Co. for $265 a share to Avery Patton, who owns 125 shares, or half of the Independent company’s stock. DIVIDEND NOW $6. NEW YORK. Junuary 6.—Directors of the American Smelting & Refining Co. today increased the annual divi- dend rate from $5 to $6 by declaring a quarterly dividend of $1.50 on the | common stock, payable February 2 to | stock of record January 16. new of Southern Ry (5) South Ry pf (5). Mfg..... Std Gas & 1 Mill (5 t Ofl Calif (2 SLOii N J (1) StOINJ pf (7). Sterling Prd 5% | Stew Warner (5 Stromberg (6).. Studebaker (4). Studebak pf (7). Submarine Boat Superior Oil Superior St1 Tennessee Coppe Texas Co (3). Tex G Sul (77 Tex & Pacific. .. Tex & PacC & *Tex Pac Ld Tr. Third Avenue. Tide Wat Oil (4) Thmken (73%).. Tobac P'rod (§) . Tobac Prod A (7 Transcont Oil Transu & W ( Twin City (4)... derwood (3). ion Oil (1.80) Un Pacific (10). Un Pac pf (4). | Un Tak Car pf (7 Utd Alloy St Utd Cigar (1 ‘A) United Drug (6) Utd Fruit (10).. Utd Ry Invest U S Cast Iron P. U 8 Distributing S Hoff (50¢).. | U's Ind Alconhol. | US Realty (8).. U S Rubber U S Rub 1st (8) U S Smelting. U S Steel (17 S Steel pf (7). Universal Pipe. . Untver P pf (7). Utah Copper (4) Utah Securities. Vanadium. Wabash. | wabasn PrA | Wabash pf B.... Waldort (13%). . Webber & H (1) W Pa Pow pf (] West Pen pf (7). West Ele pf (7). West Maryland. West Md 2d pf Western Pacific West Pac pf (6). West Union (7). West Air Br (6). Westinghse (4). Wheel & L Erie. Wheel & L E pf. White Bagle (2) White Mot (4) ... Wickwire Spenc Wwilson & U Willys- U\mrlln( Wills-Over pf.. Woolworth (Ihv 2 Worthington... 68 Worthingion Bt Tl Wright aero (1) 20% Wrigley (8)..... &% 4% &% 47 [ Yetiow Cab. 40 4% W0 4y Sraruy exira. Payable in preferred stock, Dividend reies ‘as” given in' the. above “table | are the annual cash payments based on the | {imtest quaierly or half seutly deeluratioss: | | Catess “othervise” noied,” Vi dividends are a0t iacluded, -l 108'4 1% 15% 23 28% 2% 1% 7 10% 6% 122% [ 1% 2012 28 ) 1% 7 10% 76% 122% 10% T84 123% 3% Tk 2l 7 10% | 8% 1234 73 T% Zl% | Am Smit & R 68 | Am Sug ref és. { Central Leather ds ! Commonwth P 6s. | Du Pont de N 7%¢s. | Duquesne Light ts j Fisk Rubber $s | Ilinois Steel 4%s. D. ¢, TUESDAY, JANUARY 6, NEW MONEY RATES | Cox~ex Yo BONDS swoccmscnnvee] | BUYING INWHEAT 1925. Received by Private Wire Direct to The Star Office. UNITED STATES BONDS. (Sales are in $1,000.) Bales. High. Lib 33%s Lib2d4s.... Lib 1st 4%s. Lib 2d 4%s Lib 3d 43 Lib 4th 4%s US43 1944. . US4%s1952 207 1057 FOREIGN. 158 1017 101 Low. .+ 822 1012 10031 101 5 100 21 100 21 100 21 89 10124 10119 10122 907 100 27 100 21 100 256 1016 914 101 25 10122 10124 126 100 24 100 21 100 24 1054 1067 4 Close. Bales. High. Low. Close. . 3 82% 88 954 15 95% . 34 102% 1 97 Argentine Gs Argentine 68 A Argentine 6s B.. Argontine 7s Austria 7s.... Bank of Japan 6s.. 12 987 Belgium s wi..... 90 87% Belgium 6l2s wi.. 22 93% Belglum 7its Belgium 8s. Berne B3 Bolivia 8s Bordeaux 6; Brazil 7s. Brazil 8s. Canada Canada 5s 1 Canada 5s 195 . Canada 581929, . Chile 75 1943, . Chile 8s 1926, . Chile 83 1941. Chile 8x 1946. Chinese Gov Ry 53 Con Pow Japan 7s. Copenhagen 5%s. . Czecho 88 1951. Czecho 88 1952 ct. . Danish Munic 85 A Danish Munic s B Denmark 6. Denmark §s. D F15%s Mch D EG5%s Nov Dutch East I 6s '47 Dutch East I 6s'62 El Salvador $s 48. . Finland s f 65 1945 Framerfcan 7%s. . French 7s w i . French Govt T1gs. French Govet 8s. . Germ, Greek Haiti 6s. Holland-Amer 6s. Hungary 6%s Ttaly 635 1926, Japanese 4s Japanese 6 Jergens U M 6s 47 Lyons 6s. . Marseille 6s. Montevideo 7s. . etherlands 6s etherlands 6s '72. orway 6s 1942 v 65 1944, 651952, Norway 8s. 3 Orient Dev deb 5s. 7 21 .14 19 19 7 15 88% 100% 105'% 984 93 98 1128% 85 80 881 89 a1t 102% 95 23" 95 100 1017 9074 8614 85 Paris Orleans Ts. . Prague Tis. .. Queensland 6s. Rio de Jan 85 1946. Riode Jan 85 1947, Rio Gr Do Sul 8s.. ulo City 8s. €ao Paulo State §s Seine Dept of 7s. .. Serbs Cr'tes Slo 8s. Solssons 6s. fiuedu\u‘ set 29 | Sweden 65. 10414 wiss 5135 19 . Swiss Confed §s Toklo 5s : Ud Kingm 5145 '29.124 Ud Kingm 5%s°37. 87 Ud Steam Copen 6s 13 Uruguay 8s... . Zurich §s. 4 105% 107% 110 82'% 85 95 1017% 96% 98% 87% 93 108% 107% 110% 9214 86 82 96% 101 101% 101% 103% 107% 107 42% 8O% 8ty 104% 100% 17 6614 116% 105 91y 1074 110 MISCELLANEOUS. Am AgrChem5s.. 1 99 Am Agr Chem T¥%s 7 96 Am Chainsf6s'33 8 974% Am Repub deh 6s. 2 91% Am Smit & R 1st 52 18 96'5 12104 104 AmT& Tcltr4s.. Am T&T cl tr 5y AmT & Tdebs AmT& Tev s Am Water Wks 5a. Am Writ Paper 6s. Anaconda 1st 6s. Anaconda cvdb s Andes 78 25% pd . Armour & Co 4%s. Armour of Del 5% Atlantic Refin 55.. Barnsdall s f 100% 1021 1291 9: 103 " | Bell Tel Pa s. Beth Steel pm 5 Beth Steel rf 53 | Beth Steel 5148 Beth Steel s { fs. . | Brier H St 1st 5% Bklyn Ed gen 58 Bllyn Union G 3s. Calif Prte 6'us. 2o Chile Cy Cin G E Col Gas & Col Gs & El er 6. 2862 155 Con Coal Md 1st 53 Consumers Pow Cuba Cane cv 7t '3 Cuba Cane cv d 8 Cuban-Am Sug 8 Denver Gas 5s. Dery (D G) 7s. Det 3 Det Elison ref 6s Donner Steel Vb AN v chaernSoteaany Rl Est Cuba Sug 7lis. | Empire G&F 104 1052, 104% 100% 108% 119% 104 100 971y 93 857% 894 Feder Metls Ts Gen Elec deb 53. Goodrich 6%s. Goodyear 8s 1831.. Goodyear 88 1941.. Hershey 6s 19 Humble O&R 5%s. Mlinots Bell 1st 5s. Int Mer Marine B Inter Paper 55 '47. KCP & Lt 55 A '52 Kan G & El ¢ Keyser (J) Kelly-Spring 8s. .. Lackawa S 55 °60. . Liggett & Myrs 5s. Liggett & Myrs 7s. Lorillard (P) 5s... Magma Cop cv 7s. . Manati Sug sf 7% Marland Ol Midvale Steel bs. Montana Pow bs. Mor's&Co 1st 4 New Eng Tel 68 N Y Eden 1st 6 NYG EL H&P 4s NYG EL H&P bs N Y Tel 4%gs. N Y Tel 65 '41 NY Tel 65'49. .. North Am Ed 6s. North Am Ed §%s. Nor Ohio T&L 68 Nor States ow 5s. Nor States I'ow 68 Northwst B Tel 7s. Paclfic Gas & El 5s Pac Tel & Tel o5. Paclfic T & T 53’62 Pan-American 68 974 20 98%. 113 96% 128 100 105% 88 fenRoeandan 8 PEYI=FY FYCP-1=L e 79% 100% | Pan Amer Pete 7, Thila Co 5'55'38. Phila Co ref 6s A. Phil & Rdg C&I 5s. Pierce-Arrow 8s Pub Serv Elec 6s { Punta Alegre 7 Sharon St1 H 8s. Sinclair Ol 6%s. Sinclair Oll is. Sin Crude Oil 5%s. Sin Crude Oil 6s. Sin Pipe Line 5s... South Bell Tel 58 Southwest Bell 5 Steel & Tube 78 Sug Est Orient 7s. Tenn Elec Pow 6s. Toledo Edn 1st Ts. Union Bag & P’ 6s. U S Rub 1strf 5s.. 95% 85% 1047% U ¥ Steelnfis 104% 99 954 96% 91% 96ix 104 100 965 1005 102 12915 B2% 5% 105% 97% | 104 108 1043, 100%, 108% 9% 104 991 7% 93 884 8y 964 99 101% 97% 90 985 1178 Y6y 127% 100 5 105% 795 100% 84 983, 795k 100% 112% 861, 102 96% | 1065 108 975, | 6 101% 93 93% 1041 4 1075 938, 99% 9314 105% & 1041, 933 102 101% 95% 103 4 1023, 106% 83K, 89 160 > 100% 104% 104' 823 993 96l 105 964 99% 108% 90l 2514 1047 1047 i, Utah Pow & Lit 6s. Va-Car Chem 7s... Va-Car Ch 7%s sw Vertlentes Sug 7s. Warner Sug 7s°39. Warner Sug 7s '41. West Elec bs.. West'n Union 6 Westinghouse 7 » - “ 1lys-Ov 614 Wilson & Co 1st Wilson & Co cv 6s Wilson&C v 7%s. Winchester A 73%s Youngstn S&T 6s. 1 Saondan wexno 913, 3% 45% 9% 8 90% 987% 110% 108 T6% 100% 92% b5 53% 102 95 San 8 8 RAILROAD. Sales. High. Atchison adj 4s Atchison Gen 4s Atlantic C Ll 4 Atlantic C L 1st 4s 1 B&Ogold 4s..... 1 B&Ocv4ls B& Oref 68 Balto & O 1t B&O 6s. B&Orfimp 6s. B& OPLEWYV 4s. B & O Toledo 4s. . Bklyn-Manhat 6s. Buff R & Pitt 414s. Canada South 5s. . anad North 614s. anada North 7s. . Canada Pac deb 4s. 8 Car Clinch & O 68. 2 Cent of Ga 51s. Centof Ga 6s..... Central Pacific 4s. Ches & Ocv 4% Ches Ogn 415 Ches & Ohlo cv bs. 13 Chi & Alton 2s. ... Chi B&Q Ist rf 5s.. 1 CB&Q-I3la... 1 Chi& Elgnis.... 6 C M & Puget Sd 4s. Chi M & St P> 48 '2513 CM&StPdbds.. . M&SLP gn 4s°89. Chi M&St P cv 414514 CM&StPgndls Chi M&St P rf 414s Chi M & St P cv 6s. 2 ChiM &St P 6s. C&N W gen 4s Chi & N Chi & Chi Rys bs. ChiRT & P gi ChiRI&Prfis Chi Un Sta 43 Chi Union St Chi Un Sta 61s. .. Chi & W Inc cn 4s. CCC&StL4 E CCC & StL s CCC & St L rf 65 “leve Term b Colo & Sou 4 Cuba RR 5 CubaR R Del & Hd 1st rf 4 Del & Hudson 5%s Den & Rio G cn 4s. D & Rio G imp 5s.. D&RG Istrfis.. D & Rio (G Wst bs. Det United 4 s Erle 1st cons 4s. .. Erie gen 4s. irie conv 4s A rie conv4sD. .. e Genessee R 65 Gr Trunk sf db 6s. Grand Trunk 7s ireat North 55 Gr North 518 Gr North gen T Havana ERL&P 58 Hud & Man ref 5s. Hud & Man aj 5s 111 Central 512s. Int Rap Tran 5s... Int Rap Tr 5s stpd. Int Rap Tran 6s.. Int Rap Tran 7s... 1 Int & G Nor 1st és. 1 Int & G Nor aj 6s. Iowa Cent 1st 58. . Kansas City S 3s. . Kansas City S 5s. . Kan Cy Term 4s. 2 2 .16 Lake Shore 4s '2§ Lel i&h Val cn 4s. Llstref 4s M StP & SSMcn 43 MStP & SSM5izn. MK & T 1st 4s.. MK&T4s B MK & T adj 5s 1 7 6 0 9 5 1 0 5 2 1 4 0 1 9 8 9134 73% 45% o1 7% 90 98% 110% 108 6% 100 92% 55 53% 101% 95% 011 3% 454 1% 1% 90% 985, 110% 108 6% 100 924 b5 53% 102 95% Close. 827 9% 86% 89% 86% 894 861 4 100% 4 100% 9 1 162 MK & Tprinds A. 80 MK&T6sC.. Y Cent cn 4595, Y Cent deb 4s. Y Cent ri 5s. N Y Cent deb N Y Cen LScl 33s Y C & St Ledb 4s. Y Chi & St L5%s NYC&StD6sA.. New Hav d 48 ’57.. New NY Ry rf 4s ctfs ¥ Rys adj 6s ct Y W & Bos 4133 orfolk & W ev Northern Pac 2 Northern Pac 4s.. Northern Pac 5s D Northern Pacr i 6s Ore Short Liref 4s. 3 Ore-Wash st rf 43 Pennsyl con 4%«. . syl gen 4% Pennsyl gen bs. Pennsyl 6158 Pennsyl gold 7s. .. Peorfa & E inc 4s. Pere Mrq 1st 4358 Pere Marq 1st 6s. . PCC&StL5sA.. Por R L& P 6547, Reading gen 4s... Reading gn 4%s.. Rio G West 1st 4s. RIATk & L4%s.. St L IM&S 45°29... St L1IM&S R&G 4s StL&SFplésA.. StL &S F pr In 5s. StL&SF%sD.. StL & S Fadj 6s St L &S iInc 6s StL&SFplésC SULS W ist4s. .. St LS W con 4s 32 St P & KCShL 41:8 St P Un Dep 5%s. . San A & Arn P4s.. Seab'd A Liref 4s.. Seab’d A Liadj .. Seab’d A L con 6s.. Sou Pacific 45 '29.. Sou Pacific ref 4s.. Southern Ry gn 43 Southern Ry 1st 58 Southern Ry 6s ct. Southern Ry 6%s. Term Asso St L 4s. Third Ave ref 4s Third Ave adj 5s Tol St L& W 4 Unlon Pac 1st 48 Union Pac 1st rf 45 Union Pac 43 '27... Un Pe 1st rf 58 Union Pac cv 6s... Virginia Ry st 5s. Va Ry & P 18t 5s... Wabash st 5s. Wabash 2d 5s. Western Md 4s Western Pacific bs West Shore 1st 43. Whel & LErf 41s 10 Wisconsin Cent 4s. “aw s 994 104% 103 95'% 93% 100% 95 63% 21 82% 881y 1063 116 92% 100% 109% 6 854 961, 88 Tan 100% 108% 106% 82% 54% 48% 823 90% 8415 99 104 103% 954 933 100% 95 6344 904 82% 68 102% 10T% " | basket,” 60aso0. .| Quotations 5 80 80 80 TG AN e i® 9} 01 1O 1I0YE B ST Ay PedITY-PIqAOq T BILLITW B UolAl BABS J9SIIISARY 9)19ATd Yy, FINANC ! AIDSEARLY PRICES Upturns Fail to Hold and Values Decline ir Later ! Trading. [ | By the Awsociated Press. { CHICAGO, January 6.—With con- siderable buying in progress the part of Chicago speculators, wheat averaged higher today during the; early dealings. The buying was asso- eral large operators that the market had reached a turning point and that within a month any attempts to pur- chase large amounts of wheat or rye would congest the market for most grains. Prices at other centers, how- ever, failed to follow the upturns here, and advances were difficult to hold. The opening, which ranged from 1 decline to 13 advance, with May 1.722 to 1.74 and July 1.51% to 1. was followed by upturns of 1% in some cases and then by a tempo- rary reaction, in which May and July | went below yesterday's finish. Corn and oats lacked sustained sup- port, and, despite transient upturns, showed a tendency to sag. After opening unchanged to % off, May 1.2513 to 1.26, the corn market aver- figures. Oats started unchanged to 5 lower, 1y at a slight decline, Provisions were weak, reflecting the WHEAT— 0 May Sk July o0 1 Septemier 1 CORN. May July Beptember OATS. May July Beptember May | Juiy 136 ciated with opinions credited to sev- |- aged a little below yesterday's latgst | May 593 to 60%, and continued most- | course of hog values | | year: COTTON QUOTATIONS . ARE BETTER TODAY %Bet!er Trade Buying Noted and i Covering by Many Recent Sellers. By the Associated Press. NEW YORK, Jan ton market showed ! during today’s early trading. | pool advices reported the there had attracted renewed conti- nental trade buying and the loca | market opened steady of 13 to 1% points on covering. Of- ferings were comparatively light at the decline of 1%; from the high prices of last week, while in addi- tion to covering by recent some buying for trade accounts was reported. Prices worked up to March and 24.30 for Jul end of the first hour, ruling about 20 to 2 higher. 6 stead he cot- r tone Liver- 22.87 for before the ive months points net New Orleans Quotations. NEW ORLEANS, January 6.—With Liverpool 13 to 15 points better than due, the cotton market opened at a fair advancs first trades showing gains of 13 to 17 points, Prices con tinued to improve after X e opening, March trading up to 24.05 or 25 to yesterday's close. Aside (rnm favorable erpool, the better feel iing was uted to the improved techni position of the market, due to the pretty thorough liquidation of the long interest durin vester- day's slump. The weather map showed generally fair and the forecast was for fair and warmer weather. The certificated stock here is now up to 118,036 bales tt GRAIN AND PROVISIONS. | BALTIMORE. January | white potatoes, 100 | Sweet potatoes, bbl., | b1 0a5.00. Beans, bu., 3 {Beets, 100, 4 00: Broccoli { kale, bu, 50 Brussells qt. 13a25. Cabbage, 100, Savoy, bu., 6 Carrots, 146.00. Cauliflower. crate, i Celery, crate, 1a3.00. Cucumbe {bu., 3.006.00. Eggplants, crate, a6.00. Lettuce, bu., 1.00a1.50. 100 1bs, 2.65a3.00. Oyster plant, 100, 8.00a10.00. Parsnips, basket, 60a7s. Peas, hamper, 3.00a4.00. Peppers, crate, 4.00a6.50. Spinach, bu, 2.00a 2.25. Squash, crate, 4.00a5.00. To- matoes, crate, 3.30a6.00. Turnips, 6 (s 1bs, b 5.00a 100, 4 a3 00, packed, Cranberr box, 1 524.50, Selling Prices at LbL, 3.00a7.00; 50a Oranges, | Apples, bu., 75a2.00. Grapefrui box, 3. Noom, inter, spot Winter. red W re ex- red No. 2 3 stic, 1.88; Winter, garlicky, no quota Sales—None. Corn—Cob, new vellow, spot, 6.00 a6.10 per barre track corn, yellow, v, 6612 per bushél No. 3 rye, Hay—Receipts, 75 tons. The snow- storm has cut off delivery of hay to| {the local market by truck, and while there is mo advance in prices today stocks on hand are being depleted and | the market has a much firmer tone Demand is principally for the better grades of timothy and choica light jmixed hay. Low grade continues slow {sale at irregular values. today—No. 2 40a21.00; No. 3 timothy, 17. 1 light clover, mixed, 1 1 clover, mixed, 18.00al. 2 clover, mixed, 15.00a16.00. Straw—No. 1 wheat, 12.00a13.00 per No. 1 oat, 13.00a14.00 per ton. timothy. 00219.00 00219.50 i No. SEES BIG COPPER YEAR. | NEW_ YORK. Jatuary 6.—William Boyce Thompson. capitalist, looks to 1925 as a big year In copper, with consumption at a new high level and good earnings by all companies. proving, with no important discovery of deposits., His opinion was that the trend of securities would be upward for a long time. RECORD RADIO SALES. N Sales of radio companies reporting for December exceed all previous esti- mates. The Freshman Co. sales for that month were twice those for the entire year 1923. The company shipped 22,876 “masterpiece” receiv- ing sets'and 14,822 “masterpiece kit which with sales of parts products amounted to $515,000. SAI.ES GAIN 13 PER CENT. NEW YORK, January 6 (Special).— Sales of the G. R. Kinney Co. for D cember amounted to $2,173,324, an in- crease of 13.66 per cent over the month last year. Total for the 12 months of 1924 was $16,345,633, an i crease of 15.89 per ocent over year, He said the demand for sulphur was im- | turbed b: | | | i | | decline | at an advance | sellers | © { bond IAL. BANKS NOW NAME OFFICERS FOR YEAR Only Minor Changes Likely Here—Day’s Trading on Local Exchange. BY CHAS. P. SHAEFFER. Annual stockholders' elections are now occupying an important place on the calendar of local business and financial institutions. Shareholders of local national banks will get together one week from to- day, as prescribeds by law, for the purpose of selecting directorates for the ensuing year and for th actlon of other business which m be brought before them. Following this lead, a good number of savings banks and trust companies will con- vene their stockholders on the same date for the same purpose, Virtually no changes of major fr portance are scheduled for this year's meetings. A new director will be added here and there—that is all The Real Estate Title Insurance Co. will also call the stockhold- ers together next Tuesday, while the Washington Title Insurance, Law- yers' Title Insurance and the. Dis! Title Insurance are scheduled to pe form this routine one day earlier rket Company Directors. Stockholders of the Washingtor Market Co. held their annual election yesterday afternoon, renaming the following directors for the ensuing Charles J. Be ey Browr Clarence F. on T. Price Baioh W 3. Lambie, Dr wiil Appleton P. Clar} ’ e A. all, Robert D. Marshall, G. W. Forsherg, Willlam M Hannay and Eugene E. Thompson Officials of this company are rep. resented as being highly pleased with the company’s progress during the year, although no actual figures 53% | given out at the meeting, it is Insurance Board Shareholders of the Firem surance Co. held their annua | election vesterday afternoon and re | elected the following to the board John W. Brawner, John L. William M. {ard, John H | James M. Wo. mons, Bruc amed. Hoffm Bank Pays First Dividend. The Departmental Bank clared and pald an initial of 2 per cent to stockholde December 17. Deposits of the instituti to approximately $575.000, with t earning assets aggregating $750.0 bank has a deposit line of Iy Government nstitute the bulk employes of the instit lures Inerease. or 1924 apa ions, whi a tabu ¥, and p al bankrupt omitted from the con s the total 0,615 with This compares with 718 defaults in 1923 when liabil were $539.386,806. | Although failures were 10 per o larger than the year before, the i debtedness was less than 1 per cr heavier. Poland Calls in Honds. The State Departm formed in dispatel can Legation at Warsaw th of the Polish 5 per of 1920 hs by the Polish change them for from ba t hoider | ratio of 100 Po1 Zloty on or before January ican holders of such honds are 1 advised to send them for to the Unlon Bank of th tive Societies Poland, City. Union Trust Co. Reports. The Union its of $6,729.8 gain of about $ vious c: The Natior Trust Company also r. 1 gain £10,5 t Co. reports ¢ as of December 31000 over th ! period sprouts, | | | W YORK, January 6 (Special).— | last | filled with dr- .| Riggs ! name carries Audley P, stitution. offic of compiling thesa early reply to his « questing the ing his report data in Trading on Local Board. mon stock of t and Electric Comp off to 95% on one sale ¢ this morni Preferred, on t other hand ed up to $2 on sales of 40 s Traction was strong was Washin Gas i Con Railwa 10" sh; light. Bank stocks were stron and Am Trust, both of wh tional Bank of notab ty and at 306. Na Washington eased off | half a point from yesterday's cl Bonds active a Kail Revenucs Decrease. were but u one railroads revenues totaling $505,704,900, a de crease of $25,181,450, in November, o 49 per cent under the same month last year, the Bureau of Railwa; Sconomics announced today. ing expenses amounted to 400, which vras s had operating ating a gain of § ,930. In October net income was $127,105,100. The class one roads for the first 1 months_of 1924 had a net operating ncome of $$98,237,770, represe an annual rate of return of cent, compared with §$913.3 per cent for the same beriod of Banker Gets Cold Feet. Fernand Petit, popular cashier the Citizens' Savings Bank, is now confirmed addict of the slogan, “A that glitters is not gold.” Mr. Petit's nativity is France, whic a mighty strong lure and charm for the aforementioned Mr. Petit. Therefore, it is only natu that he should cherish most highly a pair of handsome plaid “imported from France” bedroom slippers cently nted him by a director of the institution. But now Mr. Petit is his discovery of the 1 ters “U. burned ever so slightly in the soles of said slippe: Some- how they don’t seem fo warm as be- fore, his friends aver. grossly per STOCKS EX-DIVIDEND. Corporation. Per share eneral Refraciories Co..... § .5 New York Air Brake : 8 International Paper Co. pfd.. . prd.. & West. R: R Co & M Date. Jan. Jan. 3 . of Ta. . —Vulcan Det. Co. pfd.. D % do. pfd. A 10 Abitibl Pow. T Co. Tid 0 Am. Doet Sugar Co. . Tape Founders Co . 210~ Du Pont de Nem. & Co. deb In a recent test in Norway wooden fhouses with the hollows of the wall sawdust were found te be the cheapest to heat.