Evening Star Newspaper, January 17, 1925, Page 18

18 * FINANCIAL, STOCK PRICES SOAR IN WEEK END DEALS Nash Motors Jumps 19| Points and Then Breaks. THE NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office EVENING STAR, WASHINGTON, D. €., SATURDAY, FINANCIAL. WHEAT IS HIGHEST |W_R.E. REPORTSNET IN OVER 30 YEARS| RETURN OF 6.72 L. All Records Smashed This|Balance of $258,036 Left Week Except During After Payment of Al JANUARY 17, WEEK SEES BONDS | (oo BONDS oo GENERALLY HIGHER e RAILROAD. Bales. High. Good Second-Grade Issues in Best Demand in Today’s 1925. High. 4914 Low. 49% 89 12% 1 824% 801a 106% 14% 44% Open. 497 Open. 46 % 38% b7% 24 UNITED STATES BONDS. (Sales re in lxm) Bales. High. Lib3%s... 202 10112 Lib2d4s... 110022 Liblst4)%s 28 10121 Lib 2d 4%s. 111 100 80 Lib 3d 4%s. 192 101 12 Lib4 4%s.. 267 101 27 Ad Rumly pf (3) Alr Reduct (15). 894 89% Ajax Rubber.... 12% 12% Alaska Juneau.. 1 1 Allied Chem (4). 8233 84% Allis Chalm (4). 81 82% Allls Chlm pf (7) 106% 106% Am Agricul Chm 14% 14% AmAg Chm pf.. 44% 46% Jordon Mot (3) Kansas & Guif.. Kan City South. Kan C So pf (4). Kayser (Julius). Kelly-Sprgfield. 16% Kennecott (3).. 55% Keystone T& R. 2 Close. wla 10112 100 22 100 22 101 17 101 20 100 26 100 28 1017 10111 101 24 10127 Atchison adj4s... 2 82% Atchison Gen 4s... 14 89% AtlanticCL 1st 48 4 90% AtlanticCLecl 48 86% B & O gold 4 874 B&Ocvdl 89% B & O ref 7% 16 List Closes Strong. Br the Associated Press NEW YORK, January 17.—Specula- tors for the advance regained con of the e vement tod stock ically all & participat ment With many weak nated by the recent reactions technical position improved the extension of the short in operators for the rise foun difficulty in bidding up their favorite ses. Nash Motors was the spec ular feature, soaring 19 points to nd then breaking the B, 5%, while America ated Dry Goods eral Electric, A s ing, De! and Hudson eral Ligh Traction preferred sold 3 to 5 points above last nigh figures. The closing was strong. Total sales approximately 800 hares STRONG WEEK END CLOSE. Jups accounts elimi and the through advanced Jersey Btocks Make Rapid Recovery in Two-Hour Session. BY STUART P, WEST. Special Dispate " broad buying move- | little | Am Bk N (112%) Am Beet Sug (4) Am Bosch. .. Am Brk Shoe (5) Am Can (18). Am Car & F Am Chain A (2). Am Druk Snyd. . Am Express (6). | Am & For Pow. | Am & Fr P pf(7) Am Hide & Lea. Am Hide & L pf. Am Ice pf (6)... Am Internatl. Am La France (1 Am Linseed pf. . Am Locomo (6). Am Metal (3). .. Am Radia.or (4) Am Republic Am Ship & Com. & Ref (§) 1 Fdys (3) | Am Sugar. & Am Sugar pf (1) Am Sumatra. ... AmT & Tel (39). Am Tobacco. ... Am Tobacco (B) Am Water Wks. Am Woolen. ... Am Wool pfd (7) Am Writ Pap pf. | Anaconda (75¢) Archer-Daniels Arn Cons & Co. . Asso Dry G (5). Asso OIl (13%) AtT &S Fe ( W Y were active session today wers made and 1y distributed, rails participat most how St former yminent part cent reaction news sh up of several p d adva 1 16 points opened vints | k Trucks and White | re strong, Other Active Shares. Other features in the industrial sec- | included Atlantic Gulf and West | to around the day's close jus: d at a lavel above North d Hu d~‘..n v a w., St. Paul pref P:\A f preferred, Chi and Northwestern | common, Western Pacific and Kansas | City Southern all ran up a half point. | or more. Washington Stock Exchange SALES. ias Bs '33—$200 at 1015 Tong) Ga— 1,000 at lonal Mige. & lnvest. § AFTER CALL. Capital Traction—4 at 20 at 933 Lanston Monotype—10 Mergenthaler Linotypa—1i0 i 187, 4 at 167, Washington Gan 43 81%. Wash., Kwy. & Elec. pfd Bid and Asked Prices. BONDS. PUBLIC UTILITY. Bid. Asked. & Tolga, 4 0% o S > 100 | 1% | 20 i American Tel Amer. Tel & Telga & T D90 100 MISCKLLANEOUS. C._Paper Mfg. 6 Bk D Pot. 3. 5. 1 Riggs Reniis Riggs Realty Bouthern Bldg Waeh, Mut. Cold B Wardman Park He STOCKS. PUBLIC UTILITY American Tel. & Telga. Capital Traction Washington Gas.. Norfolk & Was Wash. Rws. & 1 Wash. Rws. & F Terminal Taxi co NATIONAL BANK Sieamboat. v,m‘ Capital ... Columbia Commercial Second .. National Bank of Washington. TRUST COMPANY American Security & Trust Cotimental Trust...... Merchants' Bank.. Nationa' Savings & “nton Trust.... Washington Loan & Trust. SAVINGS BANK. Commerce & Savings.. Fast Weshington.......... Kecurity Savings & Com Seventl) United S Washington M Columbia Title...... Real Estate Title MISCE 014 Dutch Market com. 0ld Dutch Market pfd. Janston Menotype. Security Storage. Washington Marke! Yellow Cab.... *Bx, dividend. AT&SFpf (5). atl Birm Atl Const & W Ipf Refiinin Loco pf (7) & Ohto (5).. Stl pt (8). h Fisheries. Bkl Ediso rns Bro (10). ns Br B (E) rns pr pf (1 hurA\ Fi e (5 Butte Cop (50¢) Butte & Superior Butterick Co. Cal Packing (6). Cal Pete (1%) lif Pet pt Cun Pacific (10). Cent Leather. Cent Leather pf. CRRNJ (112). Century Rib (2) Cero d Pasro (4) Certain-Teed. .. and Mot (2).. es & Ohio (4). tcago & Alton ic & Alton bt 3101 pf. ic Gr West. Chic Gr West pf- Chi PneuT (5).. Chi R1& Pac. Chi StPM&O.. Chi Yellow C (4) men op (2%). ino Coppe Cluett Peab (5). Joca-Colo (7). Colo Fuel & Iron Col G & E (2.60). Col Carbon (4).. Com Solv A (4). Com Solv B. Congol-Nairn (3 | Conley Tin Folil. Consol Cigar. ntCan (4).... t Insur (6).. Cont Mot (80¢) . Corn Prod (2) Cosden Co | Crucible Crucible pt (7). | Cub Am Sug (3). Cuban Cane Sug Cub Cane Su pf. Cuba Dominican Cuyamel Fr (4). Dantel Boone. .. Davison Chem.. Del & Hud (9).. Del L& W (6).. D &RG Wstpt Dome Mines ( Du Pont (8) Dugquesne pf stman (18). .. St Bat (15) merson Brat Ave (64c) ydy (1) ber.... Fieischman Foundation (6). rank-Si pf (7) Am Tnk (3) Asphalt. . Asph pf (5). ctric (8) £1spl (60¢) n Motors (5). Mot pf (7). Petrol (2).. . | Gen Refrac () | Gimbel Bros Ginter Co (1%). Glidden Co. Gold Dust Goodrich E Goodyear pf.... Gdyear prior (8) Granby Consol. . Grt North pf (5) Grt Nor Ore (4). t Wstn Su (8) Greene Canan. . Gu Mo & N pf 69 Gulf St Steel (5) Hartman Co (4). Hayes Wheel (3) Hoe & Co A (4). Homestake (17) Househ P (13%) ! Houston Ol.... Hudgon Man. Hudson Mot (3) Hupp Mot (1) Hydraullo Steel. Tllinois Cent (7) Independ Ol (1) Inland Stl (2%). Inspiration Cop. Interb Rap Tr. Internat Agri. Int Bus Mac (8). int Cement (4). Int Com Eng (2) Inter Har pf (7) " |-int Mer Marine. | Int Mer Mar pf.. Internat Nickel. Internat-Paper. Int Pap pf st (6) Inter Shoe (5). . Int Tel & Tel (6) Jones Bros Tea.. 170 40% 44 98 (1%) 2 18% Gy 109% 10 89 31% 79% 170 40% 43% 98 160% 201 24% 6 151 34% 88% 12% 181 79 | Sloss-Sheff (6). | South Pac (6).. { Symington. . | Univer P pf (7). Kinney GR 83 Kresge Dep Str. 38% Kresge SSpf (8) 80 Laclede Gas (8). 122% Lee Rub & Tire. 13% Lehigh Va1 (3%) 178 Lig & Myrs (3). 67% Lig & Myrs B (3) 66 Lig & Myrs rgts. 8 Lima Loca (4).. T2 woews Inc (2).. 23% Loft ... 64 Loose-Wiles Bls 79% Lorrillard (3) 34% Louisiana Oil 20% Ludlum (2).. 40 McCro (1.60) B.. 92 Mack Trucks (6) 120% Mack T 1st (7).. 106 Mack Trk 2d (7T) 99% Macy HR&Co. 79 Magma Copper.. 4144 Mackay pf (4).. 67% Mallinson & Co.. 824 Man El Sup (4). 474 Man Elmd g (5) 48% Manhat Shirt (3) 28%% Maracatbo OIl... 29 Marland Oil. .. 43 Martin-Parry 4. 34 Maxwell Mot A, 79 Maxwell Mot B, 35% ¥ Dept St (5). 107 Metro Ed pf (7). Metro G pf (1.89) Mex Seabd (2).. Miami Cop (2).. Middle States Mis Kan & Tex. MK&TDt (5).. Missouri Pacific Missour! FPac pf. Montgom Ward. Moon Mot (3)... *Morris & Essex Mother Lode Mullins Body... Nash Mot (110). Nat Acme Nat Biscult (14) Nat Dairy (3).. Nat Dept Stores Nat Distillers pt Nat Enamel & 8 Nat Lead (8).... Nat Lead pf (7). Nat Supply (3).. Nevada Copper. . NOT&M 123%.. Y Air Br (4).. Y Canners (2) ntral (7). Norf & W (18) North Am (2.40) North Am pt (3) North Pac (5).. Orpheum (1%) Otis Elev (1532) Otis Elev pf (). Otis Steel.. Otis Steel pf.... Owens Bot (2). Pacific O11 (2). Pac T&T pf (6). Packard (11.50). Pan-Amer (4).. Pan-Amer B (1) Panhandle. [ comparatively Park & Tilford. Penn C & C (4). Pennsy RR (3). Penn Seab Steel Peoples Gas (8). 113 Pere Mar pf (5). PhilaCo (4).... Phila&RC &I Phillip Morris Phillips Jones Phillips Pet (2). 39% Plerce-Arrow.. 14% Plerce-Arrow pf 50% Ple: 2i% Pierce Oll pf. Pierce Petrol Pitts Coal... Pitts Term Coa! Pitts Ut pf (1. Pitts & West Va 70% Postum-Cer (4). 97T% Press Steel Car. 63% Prod & Refiners. 29% Pub S E1 pf (7).. 100% Pub Ser NJ (5). 68 Pullman Co (8). 144 Punta AlSu (5). 42 Pure Ol (1%). 30% Radio Corp of A. T1% Radio-C pf (3%) 50% Ry Stl Spg (8).. 134% Ray Cons Cop. 5 Reading (4). e Reading 1st (2). 38 Remington Type 49% Replogle Steel.. 21% Rep It & Steel.. 59% Reynolds Sp (1) 16'3 Rey Tob B (3)... 75 Roy Duth 4.42% 52 St Joseph Ld (2) 434 StL&SanF (5) b7% StL8anF pf (6).. 77% St L Southwest. 49% StLSwnpf (5). 70% Savage Arms... 85 Schulte (8)..... 115 Seaboard Air L. 21 Seabd Alr Lpf.. 38% Sears-Roebk (6) 161% Seneca Copper.. 1% Shell Unlon (1). 25% Shell Un pf (6).. 1004 Simmons (2) 82% Simms Pet (50¢) 25 Sinclair Oil 18% Skelly Oil...... 26% 88 96% 64 104% Southern Ry (6) 81 South Ry pf (5). 85% Splcer Mfg Std Gas & El (3) St Ol Calit (2) StOiIINJ (1) d Plate Glass. Sterling Prd 5% Stew Warner (5 Studebaker (4). SBubmarine Boat Superior Oil.... 24% 48'3 738 495 14% 78 50 | 14% Lo 77 40% 14| 50% | 216 304 6% 52 634 14t 0% 96% 64 29% 5 100% | Sloss-Shf pf (7). outh Port S (6) Symington (A). Telautograph. . Texas Co (3)... X Tex G Sul (17%) 104 Tex & Pacific... 44% Tex & PacC& O 18% Timken (13%).. 39 Tobac Prod (6). 754 Tobac Prod A (7 97% Transcont Oil... 5 Transu & W (3) 324 Twin City (4)... 60% Underwood (3). 40 Un Bag & Paper 42 Union Oil (1.80). 38% Un Pacific (10).. 189% Un Pacpf (4)... 75 Un Tank Car (5) 118% Utd Alloy Steel. 834 United Drug (6) 118 Utd Drug 1st 3% 52 U S Cast iron P. 165 U S Distributing 364% U § Hoff (50c).. 25 U S Ind Alcohol. 83 U S Realty (8).. 126% U S Rubber. . 43% U S Rub st (8). 95 U S Smelting... 37% USSmpf (3%). 46% U S Steel (17)... 128% Universal Pipe.. 41 3% 48% 29% 2% % 21% Utah Securities. Vanadium. . Va-Caro Chem. . Vivadou. Wabash.... Wabash pf A Webber & H (1) West Ele pf (7). West Maryland. | wilson & Co pf. | Wills-Over pf.. West Md 2d pf.. Western Pacific. ‘West Pac pf (6). Market. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, January 17.—Prices closed the week in the bond market generally higher except for Libertys and the savings bank rails. Good second-grade Issues ylelding around 6 per cent were in demand. An ex- ample {s Missouri Pacific 6s, which sold above par for the firet time, and such bonds as Tennessee Electric Power 6s and North American Edison 65 and 6%s. The class of bonds now coming Into favor are those which are not quite good enough for the very conservative, and too slow mov- ing for the speculatively minded. V. $. Bonds Irregular. United States Government bonds and the high-grade rafls were irreg- ular today, but on the week the Libertys show small declines in re- sponse to repeated predictions - of higher money. For the same reason there has been an unusually good de- mand this week for short-term secu- ites. Pennsylvania Railroad _col- lateral 7s of 1930, selling on a 5 per cent basis, is a tyve of this bond. Another raflroad bond of fairly short term which has had a better market is Colorado and Southern 4%s. This kind of investment buying has like- wise shown itself in United Kingdom 518 of 1937, which, at 1061, have this week equaled their record high for all time. In this case the matur- ity return is under 5 per cent, but higher than that afforded by first mortgage domestie rails. Forelgn Group Steady. In general, the foreign group has done better this week. The French issues have dragged, eclally the 8s, which fell below 103 for the first time on this movement, but most of the list was higher. The feature among European bonds has been the City of Copenhagen 515, with an ad- vance of more than two points, bused probably on the fact that drawings by the sinking fund for redemption at par to the amognt of $750,000 an- nually will begin $n July 1 next. Among the speculative rails today's leader was Chicago Great Western 4s, which at 613 were selling at 1% points above the low of the week The strongest members of this group on the week, however, have been the Seaboard Air Line Issues, all of which, except the adjustments, have made substantial gains. In tractions B. M. P, consistently strong at ord, above 83, and s come which are week offerings this week have been mall. The largest was per cent three-year dison Electric Co. of 68 have been a new higi s revival into Chicago up over a $30,000,000 41 notes of the Boston on a 4. GB.AIN AND PROVISIONS BALTIMORE, Md,, January 17 (Spe- cial) White potatoes, per 100 pounds, 1.25a1.5 eet potatoes, bar- 50a6.00; yams, barrel, 2.50a4.00 hamper, 1.50a3.00; beets, crate, broccoll and kale, bushel, 50 a60; Bruss sprouts, quart, 10a20; cabbage 00420.00; savoy, 100, 5.00a7.00; | celery, ate, 4.00 1.00a2 oyster bas- 3.00a3 pars: hamper, 2.5084.00; 4.0026.00; spinach, squash, crate, 3.30a 2.50a6.00; tur- 100 100, pounds peas. crate, 1.25a1.50; 4.50; tomatoes, crate, nips, basket, 65a90. Apples—Packed, bushel, 75a2.00; .00a5. grapefruit oranges. box, 3.00a3 | quart, 35a40. Selling Prices at No. 2 red Winter, spot, ex- No. 2 red Winter, spot, 2.05%; No. 2 red Winter, cky, dom . 2.05%: No. 3 red er, garlic 1o quotations. ~Bag lot of nearby, at wharf, 5 per bushel new, peppers, bushel, barrel, 3.00a7.00; cranberries, box, box, 1.76a2.75 ; strawberries Noon. yellow, oTn 6726713 per bushel; No. a1.40; No. 2 rye, 78 tons. For the better grades of timothy and choice light clover-mixed hay there is a falr demand at full quotations, and the supply of good hay is limited. Low grade and inferfor hay is draggy and of uncertain value. Quotations today—No. 2 _timothy, 20 50a21.50; No. 3 timothy, 17.00a19.00; . 1 light clover, mixed, 19.50220.00; . 2 clover, mixed, 17.00a15.00 Straw 0. 1 wheat, 12.00a13.00 per ton; No. 1 oat, 13.00a14.00 per ton. GER.MAN BONDS AND STOCK.S. Bid. Asked. Germ G (war loan) Bs 191418 $2.200 3 1350 530 Ger en Eleo 4ias 1918 Hamburg 3s. 3145 & 45 p Hamburg-Amer Line 41 1an-Lioyd 434s. rman-Lioyd lan Consols 318, p 5e 1921 Idorf 4s pre-war. Frankfort a-M 45 pre-w Munich 4s pre-war.. Radische Anilin...... A'E G (German Ge Elec).. Commerz aud Privat Bank Disconto Gellschaf Dresdner Bank.. I3uoted 17 doliars So7 ousand marke BOSTON STOCK MARKET. BOSTON, January 17.—Following is a list of today's highest, lowest and closing prices for the most active stocks dealt in here: e 13 Close. 1385 Low. Tuland Creek 133 New Cornella 0ld_Dominior Pacific Mills . Swift & Co. 107% 6% 15 28% West Alr Br (6). 107% 108 Westinghse (4). 6% 7% Wheel & L Erie. 15 154 White Eagle (21 28% 20 White Mot (4).. T4% 75 Wickwire Spenc 1 Wickwire Sp rts, 1% Wickwire pf rts. 12% Wilson & Co.... ™% 22 10 74% 121% 0% 20 Willys-Overlan¢ 744 121% ~70% 19% 120 70 19 Woolworth 137, 120 Worthington. .. Wright Aero (1) Wrigley (3) 48 48 43 48 Yellow Cab. 40 40 40 40 YoungstnS&T. 72% 2% 724 72% tPartly extra, $Payable in preferred stock. Dividend rates given In the above ble are the ann h _payments based on the latest quarterly or balf-yearly declarations. Unless otherwite noted.” extra or speciai dividends are not included. 19 00; | | Brier HS | | US‘QQIQ . 125 100 18 US4%s'52. 802 104 27 FOREIGN. Bales. High. Low. Close. 5 95% 95 95 9% 95 VA% 101% \nm 100 18 100 18 104 24 10427 Argentine 65 A, Argentine 6s B Argentine 7s 57 4 94 110 i, Belgium 63%s w {. Belglum 71% Belgium 8s Berne 8s. Bolivia Bordeaux 65 Brazil 7a. Brazil T4 Brazil 8s. Canada bs 1931, Canada 5s 1952 Canada 6%s 19 Chile 75 1942 Chile 85 1946 Con Pow Japan 7 Copenhagen 5%= Cuba 538 4 Czecho 8s 19-)1 Czecho 88 1952 ct. Denmark 6s. . DEI5%s Mch ‘53, DE15%s Nov '53. Dutch East I 6s *47 Dutch East I 68 '62 Finland s f 6s 1945 French 7s w | French Govt 7%s. French Govet 8s.. Germany 7Ts w 1. .. Holland-Amer 6s. Japanese 4s. . Japanese 618 Jergens U M 6s Lyons 6s. Marsellle 6 Mexico 4s '04 asntc 21 Mexico 53 assented 2 Netherlands 6s '54. 22 Netherlands 6 Norway 6s 1943 \'m—vuy 651944 Paris Orl Prague Tis Queensland fs. ... Rio de Jan 85 1946. Riode Jan 88 1947. Sao Paulo State 8s Seine Dept of 7s. .. Serbs Cr'tes Slo 8s. Sweden 5345 ot Swiss 5345 1946 Ud Kingm 5 X Ud Steam Copen 6s C MISCELLANEOUS. Ajax Rubber8s... 3 964 Am Agr Chem T3s 6 98 Am Repub deb 6s. 2 Am Smit & R 1st 53 Am Smit & R 6s Am Sug ref 6s AmT&Tecltr Am T& T cl tr 5 Am Tel & Tel bs wi Am T & T deb 5%s AmT& TevSs.... Am Water Wks 58 Anaconda 1st 6s. . Anaconda cv db Ts Andes 7 25% pd Armour & Co 4% Armour of Del 5% Assoclated Oil 6s Harnsaall s f 8s. 11 Tel PasSs. .. th Steel pm & Bklyn Ed gen bs. . Bklyn Union G 5s. Bush T Bldg 58 '60. Central Leather 6 Chile Copper 6s. .. Col Gas & El bs. .. Commonwth P 6s. Con Coal Md 1st 58 Consumers Pow 5 92t Cuba Cane cv 7t * | Cuba Cane cva 8 Cuban-Am Dery (D G) Det Edison 5s '40 Det Elison ref 6s Du Pont de N 7 Duguesne Lig 108 8% 100 1067, | Empire G& Feder Metls 7 Fisk Rubber 8s Goodrich 6%s Goodyear §s 1931 Goodyear §s 1341 Hershey 6s 1842 Humble O&R 5 Illinois Bell 1st b Illinois Steel 4%s. Int Mer Marine 6s. Inter Paper 5s '47. KCP & Lt §s A '62. Kan G & El 6s°52.. Kelly-Spring 8s. Liggett & Myrs 3. Liggett & Myrs 7s. Lorillard (P) 7s. Magma Cop c: Manat! Sug s 748 Midvale Steel 5 Co 1st 4 N Y Eden 1st 6% NYG EL H&P 4s x TGI 68 ‘1 oo o e BBl Raaaastn-ans e North Am E North Am Ed 6%s. Nor Ohlo T&L 6s Nor States Pow 5s. Otis Steel T14s. ... Pacific Gas & El bs Pac T & T 1st &8 Pacific T & T 53 '52 Pan-American 6s. Pan Amer Pete People’s Gas Phila Co 5%5'38. .. Phil & Rdg C&I 3s. Pierce-Arrow 8s. . Producers & Rf 8s. Public Service 5s. . Public Service 6 § Punta Alegre 7s Saks & Cos f Sinclair Oil 6s.. Sinclair Ofl 614s. Sinclair Oil Sin Crude Oil Sin Crude Oil 6s. Sin Pipe Line bs... South Bell Tel 6s.. Southwest Bell b Sug Est Orlent 7s. Tenn Elec Pow 6s. Toledo Edn 1st 7 Union Bag & P 6 United Drug 6s U S Rub 1st rf bs U S Rubber 7% U S Smelter 6 U S Steel s t 5 Va-Car Chem Warner Sug 78°39. West Elec 58 : Westinghouse 7s. . Wickwire Spen 7s. Wilson & Co 1st Wilson & Co cv 6s. Wilson&C cv 7348, 27 Youngstn S&T 8s. 12 Markets at a Glance NEW YORK—Stocks—Strong; As- sociated Dry Goods gains 10 points. Bonds—Steady; Mexican issues con- tinue advance. Foreign exchanges—Firm; lira makes further recovery. Cotton—Steady; increased mill ac- tivity Sugar—Higher, firmer spot market. Coffee—Firm, European buying. The pholad, a small sea animal akin to the oyster, cam bore holes through stone, Italian | Por RL & P 68 °47. | Reading gn 4%3 Balto & O 1st 5s ct. 16 100% B&O6s.... 103% B&Orf imp 6 101% B&OPLEWYV 4s. 84% B & O Toledo 48 69% Bklyn-Manhat 85% Buff R & Pitt 4 88% Canad North 6% 1174 Canada North 7, 1165 Canada Pac deb 4; 9% Car Clinch & O 6s 107 Cent of Ga 6% 99% Cent of Ga 6s. . 108% Ches & O cv 4348 96 Ches O gn 4%s. 88% Ches & Ohio cv 58 1084 Chi & Alton 38 62% Chi & Alton 3%s. . 46 Chi B&Q 1st rf 58 101% CB&Q-1Il 3is. 81% Chi & 75 61% 74% Chi M&St P rf 4% 34 Chi M & St P ev b Chl& N W 6%s Chi Rys bs ChiRT& P gn 4s.. ChiRI&Prfds.. Chi Un Sta 4%s Chi Ur Sta 6148 1& W Inccn 48, Cuba RR5s Del-Hud cv 55 '35. D & Rio G imp 58 D & Rio G Wst bs. Det United 4%s. Erle 1st cons 48 Eric gen 4s. . Erie conv 4s A. Erie conv 4s D. Erie & Jersey 6 Genessee R 65 Grand Trunk Ts at North 5 North.5%s. . Gr North gen Hud & Man ref s Hud & Man aj 5s.. 11l Central 548 111 C-C St L&NO 5s Int Rap Tran 5s. .. Int Rap Tr 65 stpd. Int Rap Tran 78 Int & G Nor Ist 6s. Int & G Nor aj 6s Kan City Ft S 4s.. Kansas City S s an | Kan Cy Term 4s.. Lehigh Vi Louis & Manhat F Market S lcn4s.. uni 45.. MK&T4sB. | MK & T adj 6s.. MEK&Tprinss A 10 MEK&TEsC. Mo Facific gen 48 Mo Pac 58 Mo Pacific Mo Pacific 6 Montrl Tm 1st 5s. cdés en 7s. 7% | Nortollc & W oo 48 rthern Pac 3: Northern Pac 4 | Northern Pac5s D 10 Northern Pacr i 6s re & Calif 1st 58 | Ore Short Liret ¢ Ore-Wash 1st rf 4s annsyl gen $14s. :| Peoria & B inc 4a. 11 21 Reading gen 4s. 1 18 RIATk & L4%s.. 1 St L IM&S 4s°29... 13 St LIM&S R&G 4s. 2 StL&SFpl4sA.. 83 StL&SFprinbs. 18 StL&SF5%sD.. 18 StL & S Fadjés StL &S F inc 6s. StL&SFplesC.. Pere Mara ist &8 Seab'd A L con Sou Pacific 4s Sou Pacific ctl 4s.. Sou Pacific ref 4s. . Southern Ry gn s 22 Southern Ry 1st 5s 15 Southern Ry 6sct. 4 Southern Ry 6%s. 14 Third Ave adj 5. . Tol StL & W 4=... Union Pac st 4s.. Union Pac 4s '27 Virginia Ry st 5 Wabash 1st bs Wabash 2d 58 Western Md 4s 66 Western Pacific 58 18 91% Whel& LErf 4 1 53 86 89 75 100% 104% 108 48% 824 921 99 9% 100% 954 'FORD SALES SMASH RECORDS DURING 1924 Gain of Over 15,000 in Trucks Mar- keted—Lincolns in Greater Demand, B the Associated Press. NEW YORK, January 17.—The Ford Motor Co. made its greatest sales rec- ords in 1924, domestic deliveries of cars and trucks aggregating 1,873,581, an increase of 87,736 over the year before. The year's retail sales of Ford trucks went over the 200,000 mark for the first time, exceeding 1923 by 15,013. Sales of Lincoln cars Increased about 25 per cent, to a total of 7,501. Forelgn sales also gained. . CHICAGO STOCK MARKET. CHICAGO, January 17.—Following is a report of today's sales, high, low and closing quotations at the Chicago Stock Exchange: Sales. 660 Hupp Motor High. Low. 0 1000 Stewart fln Swift & Co. In a Milwaukee (Wis.) park is an elevated, fenced Inclosure that serves as & pound for lost childrenm. Period of War. By the Associated Press. CHICAGO, January prices have returned to the wheat market. In more than 50 years, with the exception of the war period, 1916- 1921, wheat deliverable at once n has s0ld as high as this week. Esti- mates that the world is short some 700,000,000 bushels of bread grains, compared with last year, have been largely responsible. = As against a week ago, wheat this morning show- ed 1% to 5% a bushel advance, with corn 4% to 5 up, oats virtually un- changed and provisions varying from 5 decline to 40 gain. $2 Whent In Climax. Active trading as well lively price changes in the wheat pit have been the rule throughout the week The apex for at least the time being was reached at $2.005 paid for a lim- ited quantity of No. 2 red Winter to be delivered immediately to millers. | Future deliveries, in which the bulk of speculative business takes place, were meanwhile up to $1.8% a bushel for contracts to bae filled during May This represented a rise of about 50 cents a bushel over the prices current at the corresponding time in | Announcement of an unexpectedly [ big decrease of the United States v 17.—War-time to accelerate the market Corn Prices Also Higher. Word that the pesent acreage Winter wheat in foreign countries is 13 per cent less than was harvested by those countries in 1924 acted one of the numerous additior the upward swing o | tors which tended to 1ift values. | a general strike of dockwork- sides, ers was reported to have tied up shipping in Australia, seriously de laying a large part of the world sup plies expected from the southern hemisphere. Corn developed strength of its own being affected by predictions of abrupt falling off soon in the volume of receipts. All deliveries establish- ed new high price records for the sea- son. Oats were held down by large primary receipts. Provisions responded chiefly to the action of corn {COTTON QUOTATIONS ARE STEADY TODAY ;Early Advance Checked by Sales. on Reports of More Rain in Texas. Associated Press W YORK, Jan ton market opened an advance of 2 to g and commissio ced by cables of the and labor s pool view erased selling promoted ther rains in Texas to 22.73 and May to 24.05 before th of the first hour, rket back to about closing prices. at net three points down polnts up. ch May Juy Octover ng: January New Orleans Quotations. - ORLEANS, Ja futures opened Cotton futures closed bare at met 3 points down t an | Charges During 1924. BY CHAS. P. SHAEFFER. A return of invested capit was realized b, v and E | tions during report W. F subm ers b Ha utilit Th, ance for the year c payment of the $5,5 a imil 000 of main Comy 502.45 depre charges, ible supply this week did a good deal | of a Mrs. Park Savings Officers. | Cotton futures closed barely steady to three | B. MeN W. Cox | gen =1 Clinton Spot cotton steady and unchanged; sales on the spot, 486; to arrive, Low middling, 22.15; middling, 23.65; good middling, 24.15. YOUR INCOME TAX Fitpest Advico Grvanihy Unitod States Internal Revenue Bureau Based on Latest Changes in Legislation. ARTICLE NO. 6. me. the | To determine net inc: which the tax is assessed, payer must first compute his gross in- come. Regardless of the amount of net income a return is required of avery individual whose gross income | for 1924 was $5,000 or more income, as defined by regulations re- lating to the income tax under the revenue act of 1924, “includes in gen- eral compensation for personal ar professional services, business income, profits from sales of and dealings in property, interest, rent. dividends, and gains, profits and income derived from any source whatever, unless ex- empt from tax by la Net income is gross income, less certain specified deductions for business expenses, losses, bad debts, depreciation of business property, gifts, etc, to be fully explained later. Taxpayers may be divided into four general classes—ths wage earner or salaried class, business, professional and agricultural. All compensation for personal service received by salaried person or wage earner is in- come, including commissions, bonuses, fees, pensions paid retired emploves and tips. The gross income of the usual busi- ness consists of the gross profits on sales, together with income.from in- vestments and incidental or outside operation or sources. The return must show the gross sales, purchases and cost of goods sold. To reflect net income correctly in any business in which the production, purchase or sale of merchandise is an income-pro- ducing factor, inventories are neces- sary at the beginning and end of each taxable vear. The lawyer, doctor, architect, au- thor, dentist, clergyman or other pro- fessional man must include all fees, salaries and compensation for pro- fessional services. The farmer is required to report as gross income all profits derived from the sale or exchange of farm products upon ax- income from other sources. The mar- ket value of merchandise or groceries exchanged for farm products must be included; also profits from renting a farm on the crop-sharing basis, and the rental and sale of farm lands. The next article in this series wijl appear In The Sunday Star. 243. | Gross | and llvestocks, whether produced on | the farm or purchased and resold, and | | Dire elected Three New CHICAGO, turns in _the early toda ness would bushels poses. Wet delaying the crc tended also to lift values. was on a large scale, and September deliveries here establ a new top-price record for the son. Opening prices, from % to 2 higher, to 1.87 and July 160 to followed by moderate gains. All deliveries the seadon’s best previous tions. Buying on the part of h with country connections wa outsanding feature. After openl % to 1 higher, May 1.34% corn continued to ascend Oats were responsive vance in other grain. 4 to % up, May 62 to 62%, market soon rose furthe Provisions went high WHEAT— Open. Hig T LB TR and 1.60%, to with Low. 1.56 160 14835 September ... Ryt May a0 July 140 LONDON, January 17 -16d per oun Money, cent unt rates: Short per cent; three-month 3% per cent ver, 68%; Mexican dollars, 52%. July to 1.3 Bell Given Dinner. CHICAGO GRAIN PRICEa and ished sea which ranged with May 1.88 were additional of corn went above quota- ng the & rting the os corn. Close. 1884 1.63%% 15 1 1 1 1 RATES ON BAR SILVER bills, NEW YORK, January 17.—Bar sil-