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FINANCIAL.™ THE EV NG STAR, WASHINGTON, D. ¢, THURSDAY, JANUARY 22, 1925. FINANCIAL.' e U..TEEL COMMON] [~ew vorx: sTock Excriance | SEABARDARLINE | oo BONDS o) WHEAT ADVANCES | RAILWAY COMMON Received by Private Wire Direct to The Star Office Received by Private Wire Direct to The Star Office. IN SHARP RUN-UP e 5 2 % e 3 2 | BONDSGOMIGHER| eemomsamm sosmensese £ 50 s ) INTRADING TODAY] EQUALS YEAR'S TOP o : Sales. High. Low. Close_ | Warner Suz 78’39, 6 83% B83% 83% Ajax Rubber.... 11% 11% 11% 11% | Hupp Mot (1)... 1 16 Lib3% 415 101 21 10118 101 21~ | West Elec ba. .. . 981, 98% Alaska Juneau.. 1 1 1 4 | HydraulioSteel. 1 " Lib st 43s 10 10127 10123 10123 | Westn Unlon 1L 110% Foreian Exchan g Exnont| Mortaane Co Report i Allied Chem (4). 83% 84% 83 % | Hydraulie St pf. i jb-| Lib2aay’s. 82 100381 10028 Westinghouso 7 1 d Z Sudden Advance GiVeS | Attied Cm pe (1) 118 1 118 118 | Tlinots Cont (1) 116 116% 116% Lead Day’s Trading—Lib Libad <iu. 201 10015 10011 10U1C | Wickwire Span 7a. 13 8 8 an ge and Exp gag mpany Reports Allis Chalm (4). 79% 80!z % i Independ OI11 (1 7 17 17 . & Lib 4 4%s.. 162 101 28 101 24 101 2! Wilson & Co 1st 6s 1: 4 ': “ A : : : . | Strength to Other Stocks |Atlis Chlm pr (7) 106% 1063 106% Indian ‘\lnlnn}: 17 1w 17 | erty Loans Firm—Foreign | usss1544. 101 10019 10017 100 17 | Wilson & Co cv 6s. 624 624 Indications Aid Prices. New Bond Offering—Other AmAgriculChm 141 164 14k Indian Refining. 6% o% ok TiE Ckeier u0ioass Ine 2 I0AZE 4| Mlson RO oY i L Profits Also Taken Financial Matters B n Ag Chm bl 3% nland Stl (21). 45 45's J ; 7 . . All Through List. Am BKNpf (3). 53% prin Inland Stl pf (1) 1o’ 109 109 GFOUD Unsettled. FOR;ELG;NU«“. Yow. Close. | Youngstn S&T 6s. 27 97 96% 96% ::: gzgf:ug ) :_: “ . :n.:mrm'hxl Cop. 30% -imv' lum —— Argentine 6s A..... 95 [91-" RAILROADS. Rl rei oy 9 nternat Agri. 0! Argentine 7s 102% 102 By the Associated Pr BY CHA r g VEST. Am Brk Shoe (5) 99 9 99 9 Int Mac 31 s = % Sales. High. . Close. | BY the Assoct e 'HAS. P. SHAEFFER. BY STUART P. WEST. AEDEeihce 9 Bl 108% I:I“Ruu Tac (8). 114 11 BY GEORGE T. HUGHE Austria 7s. - 19 91 96 Atentaon adj 4 83 83 CHICAGO, January 22.—Wheat| Common stock of the Washington Epecial Dispatch to The Star. 3 - Atchison Gen 48 29 showed an upward tendency today Railway and Electric Company 4 Bank of Ja 5 99 Am Can pf (7). 118 Int Com a Epecial Di 1 to The Star. it e NEW YORK, January With the | Am Car &3¢ (12) 198% 203 198% 203 TRl i Paal g Belglumerwi.... O Atlantic C L cl 48 86% |during the early dealings, helped by | equaled its high-water mark on the inslde position distinctly improved as| Am Chain A (2) 4 P 245 5 nat Har (6) 108 NEW YORK, January 22.—Seaboard | Belgium 6%s wi.. 12 94% Atlantic C L 1st 48 90% [ Indications of export business. The| Washington Stock KExchange today, Unstis poxition diatiintly Unproved | AmicalniA (2). 20 % *| Int Mor Mar pt. . Air Line bonds were the leaders in | Belglum 734s. 109% Al e € I06% 106% | fact thiat sterling exihange Tnd ad- |10 bty hanctas feonn eo Joda%, the result of the rewction of the past | Am Chicle ctfa.. 89t 39 9% | Internat Nickel, today's market, all Seaboard Issues| Belgium 8s 2 B&Oanidite .. . 871 | ¥anced to the Tiighest polnt since 1915 | quarter to se oik o hatt oo 8 Inter Shoe (5). . 118 Y Sloc] T st Sy g:;gfifl-x",x s 2 B&Orefbs, 9 89% |other hand, selling to realize profits|the issue selling off to its opening which the more conservative element [ Am & F P 25% (7 123 were viewing the situation, Am & For Pow.. 35 Int Tel & Tel (6) AT R e ’ % 105% | Balto & O 1t ot, 100% [continued to be of Iiberal volume. The | figure. Raflway preferred was like- Accordingly under the lead of |[Am & FrP pf(7) United States Steel common, which | Ar pushed into new high ground, the fAw.ice (7). ) whole market responded to increasing | Am Ice pf (6).. S 8 Jones Bros Tea. NOlliah Acutiment aqdivrices irshgon: | Am Itoraatt s & 3415 Jordon Mot (8). Ll et (ohAS WA . 5 116% |something of a reaction. have been declared at the regular ally higher. Heavy buying of Steel | Am La Franc 2 2 24 | Kansas & Guif. . B8 Galling itodey A 80% Canada 51:s 1929 nada Pac deb 4s. 30 79% % 79%| Increased rural offerings had a|auarterly rate of 13 per cent, pay- »mmon was accompanied by sharp up- | Am Linseed. ... 2 5 € (7) nearly 4 points In a week. The Ad-|cnil o . ¢ 102 | Canada South 5s.. 14 % 100% | bearish effect on corn. After opening |#ble on March 1 stockholders of hidding of numerous other favorites and | Am Linseed pf. 5 3 South, 36 6% | Justment Gs were up & point in the | Chile ae 1os 3 %14 | Car Clinch & 0 6s.. 10 107 |at % off to % up, May, 1.33% to 1 -|Fecord February 14. people who had lightened their loads | Am Locomo (8). 116% 1 San ¢ 5 7 astmeny hile 85 1941 S 7 Cent of Ga b1, 99% »rn market underwent some set- apital T stock gave evi- under the pressure of the recent 5 to| Am Loco pt (7).. 121 3 Cayser 2Taliua). 20 2 g S SRR IR B [ T T X 7 Cent of Ga 6s. 3% 103% i dence of returning to strength, small 15 point decline, came into the market | Am Metal (3)... 61 [ 5 3 S il T K © 64 were at| Chinese Gov Ry 5s 3 2 Central Pacific 4s. u 8% ts were relatively firm, starting |10ts belng traded in at 92 and o on tha buying eide with renewed con- [ Am Radlacor (4) 99 98 g o onlle fneifinat da stamp . Conpow Dapan M a7k | Ches Ogn 4%s. E unchanged to % higher, May, 61% to | Natlonal "Mortgage and Investment fidence. Short covering continued a [Am Sm & Ref (8) 99% < cott (3). B6% & 5 “"""_"I""“'j‘-” a p”“”v:“”!r;' ha {'mvr Copenhagen 5. “h 61%, and later holding near to the|Preferred sold to the extent of 90 = Am Snuff (12). 6 Kinney G S PILRE Lo 2R TORCHR Suproyes echo Ss 4 9 >l ton 3s.... 82 62 6 Provisions kept steady in line . nental Bank registered a rise of Steel Helps Whole List. Am SU Fays (35, 47 4 }(;"’QK‘YL(_‘:‘S"_ 8 }Il;nn \.,‘n“.»r..l:m.[m ..ml to its plans Denmark 6 3 ¥ o | Chi & Alton 3%s.. s h - ? 2 4 Doint on the unlisted department, oAbl v A o ensions In Florida. An un-| Denmark 8s 2 y ChiB&Q gn 42783, 25 o5 kv S selling at 7 A gl iD 99 99 | Laclede Gas (8). 2 confirmed report had it today that 5len ) v 96t 9 *hi B&Q Istrfbs.. 5 1017 . 101% I - The bond side of the market was ex- . - > Indeper R Rur : e Rub & E :y,, T..u.r...m was planning new =15 ¢ *53. 9 96%. 1 3 | July 0 1.68 Hr:rlnr\(_v “’r":i“"m '.,f Railw gen steels were at first reluctant to & Tel (9). 1 3 3 3 < 3 inancing. 1 September . eral 6s of 1933 selling above par along, but they finally joined ‘”] '( ::: ;ohacca‘ ) Ilnm& Myrs (3). 6! 4 Other Railx Firm. st 165’62 56 1 & Puget Sd 4s e 5 P while Gas 6s brought 101 : publi ethlehem. Colorado Fuel, In 5 6 5% 6% | Lig & Myrs B (3) 6% 6 : ik b 3 Al S i 5 iay - “ land, Ludlum : the! others, . The | Ao opaces (B3 S Lig & Myrs rgts. 8 ot \ ve rails were quietly | FI 8 ::;:';rcg»‘g:;. 1 mx&sflfi;b‘f,_’s Mortgage Company Reports. future of these companies depends | am W W pt (6). 98% - 9 Lima Loca (4) firm entral debenturo Gs | Finland s { 62 1 s e 2 ; : The annual statement of the Bank- more upon steel prices than upon the | Am Woolen. .. .. § 9t | Loews Inc (2).. 3 2 E 4 e B e Nl | Wrenchi7aWw . .. 189 .8 “hi M& 5 o o e % 02% | ing Trust and Mortgage Co. for 1424 activity at the mills. Their profit| Am Wool ptd (7) Loft % 6 61 Biki| wrowlous:close. - Che e ‘“““. ‘3‘] Ol By ench GovtT%e. T M& St P it ‘ e A e s 97, | MATKINg the first year of operation margin has long been pretty narrow.| am Zincpf..... 3 3 3 Loose- 3 3 convertible 5s were u““ G el e 5 StP rf 415e 1 ’ 5 as a strictly mortgage company, re- Railway equipment shares were| Anaconda (76¢). Lorrillard (3)... 34% 3 3 8 St ' ul group the l'm\\“f“\jh- Gentiars Tev it 51 Chi M & St Pcv bs, 1 6 - " 5 ‘:-‘H a net profit of $22,147 for the Syery strong, with American Car and [ Archer-Daniels. 4 Loulsiana Oil... 2 of 1932 were stronger. J\_ K ,& sl 43 e % ChiM&StP ¢y H % . g ;‘rvr od. ”'f gross amounted to $34,499 Woundry well above the 0 level | Arch-Dan pf (1) 9 Louis & Nash (6 614 adfustments and 1. G. D adjust- e L b o 2% | Chi & NWw gn 5 F 99% y .. . om which was deducted expenses mzain, with a brisk advance in Rail-| Armour Del (7). 92% 5 923 | Ludlum (2)..... 38% 4 ments held thelr ground. e way Steel Springs, and in Pullman.| Arn Cons & Co ST ie ) Sinclair 65 were the leadors of the a . T arge: v a 2 v | B&OG6s. .. 3 103 |opening, which ranged from % to % |wise strong, but suffered a reverse or “ride & L pt. 2% 73 Jewel Tea.... 3 ;‘l‘.!f:".‘-ndr" o8 v“"m':l {:""‘::-:;"{“”‘; . B&Orfimp 6 101% | higher, with May, 1.88% to 1.89% and |2 quarter point to 81 on sales total- Jewel Tea bf. ... 103 n = angdl “'n:;;;m' - .[ w..'u BT 5| B&OPLEWYV 4a., 3 5 86 |July, 1.66 to 1.66%, was followed by [Ing 100 shares arge ol e e s, ch, anada 5y 1931, o 0 Bk - 6 moderate e al E Dividends o h o8 e . chirge on e adiistmant by, Saada by o] 21e 1yn-) e 86 |moderate further gains and then vidends on hoth these mecurities Steel common, selling at the highest since 1916, was an inspiring sight for the entire list. The independent of $12,352, consisting of $9,230 for op M “ b g Enlend An % “hi & N e TTON UOT T 0 soations, 3847 for current taxes and ihe locomotive stocks. There was| AssoOll (1%)... 347 T 118 d a polnt. The better market for the | Tergens UM 6s'47 64 9 90 - 9 83 4 3 dend at the rate of 3 per cent, B a1 e e A am i 3 AAcy/H B &Co s ae ks was the incentive for the buy- | Lvons 68 i “ < rfds.. RATHER INACTIVE | stocknoia: mny elected actlon of these stocks simply went to| AT&SFpr(6). 94 ¢ o | Magma Copper.. g of the bonds. In the high-grade | Marseille 68 2 RS 5 pitp e Tite . A the following direc Charles R #how that the public had not gone| Atl Birm &At... 3% 8 3% | Mallinson & Co.. 85% 85 U i Ctmiant (ilst Calorafle Southern| Maxico S agsentad 78 1 et o S 2 White, James M. Proctor, David M 3nto them the way it had into most | At CoastL (18) 149 478 Mariati (b fhyestment ik Calorato Futkens | WoxIsm RERERAEa 700 2 on s saames M. Proctor, David M other things and consequently that| A u ol 2 Manhat Shirt (3. 6 K H . = o g s | Nethe: nds 6: & b i inti it Stoc . ralsh, E. F. ghere had been no extended specula- | AtGulf & W Ipt 374 7 e eea Zr u‘xh-‘“'nr"flu:;?;lp oo gl i Neibaranao L ; f W Ind 714s. : ;| Disappointing Trade Conditions | fockreil \'-""_\\‘a'»\!’v' S $ive account created Atlantic Refilnin 106% Mot Sttcs , : roup were orta . e | Metherls : &StL o 1 lerbert M. Moffitt, Antonio Mis a. five accounc csesied Austin-Nichola. 28': P Notket S Liberties were firm and wpecial buxing | Norway 6 1043.... - ahmane e 5% -8 Abroad Keep Markets Almost James 14 and Conrad C. Smith . 01l Shares Advance. Avto Salespf... 15% 15t F g s ey : came again into the tax-exempt 3 Norfeay/6s 1844 (88 e 0] : 3 ; irectors clocted Charles R. White, I With the Marland Company and a| g jqwin®L (7).. 132% 31% 1343% | Marland Oil..... Foreign Lint Irregular. il bl : E 4 & 108 at Standstill. fat o o, Toosien ies mumber ;-1 N{h"f-\ advancing ;‘:"d' Brld Loco pf (7) ug 6 Marlin Rockwell Irregularity appeared in the for-| Orfent Dev deb 6s. 4 4 s s —_— - tromsurer ' il anywhere fro cents | Be1& Ohto (5).. 7 ? thieson Alka. eign lst. French bonds were heavy . 3 92 3 o Aseociated Prs: = R e ol e ) i | e slen Mt Pronch bonds wers hekVX |l i, voreuea 6a, 35 806 T2 73 3o B et P New Bond otering Made. Factor in the midcontinent field was| pyng & Ar (3).. 40% Maxwell Mot A. 9 | ire strong, notably Peru 85, which | Paris-Ly's-Med 78 P 1085 | o, et o e Redmond & Co., Graham Parsons Gredited with following sult, even al-| Barnsaall Aos.o 2214 2 F 2% | Maxwell Mot B, 85 F 5% | e above par There was a rally in | Parls Orleans .. fen siacket iopensd stealy titdy stls coiann 1. G 'Wiltts & Cb, In though this was not formally a Barnsdall B.... 18% 4 May Dept St (5). Chinese Railway b5s amounting to| Prague 7i%s. ..... 92 a [ Pel & Ha 1stred4s. 1 points. There was a little selling on Mounced. Accordingly, there was Beech-Nut (3).. 170 % | May Dp S pf (7). over a point i Queensland 7s.... 2 Del-Hud cv §5'35. 20 Eelatively sasy cables and reitaratoa] 12000,000. of 100 ‘West h Street, Tush to buy the oil shares. The| Bethlehem Steel 50% 52 Metro Ed pf (7) The day's new offerings included|Riode Jan 851946, 2 N T D A L Y e on e [ Be UNew Yerk City) frst closed joperations in Marland above 44 fitted | Beth Stlpf (8).. 112 112 1 1 tro G pf (1.89) 18% 19 1 $15,000,000 City of Los Angeles 4s,| RiodeJan 821947, 9 i D&RGlstrfbs.. 4 . Honii s M A tee s bt o r:""';l_mj—' 15 year 615 per cent gold n with all that has been said about | Brk-Man Tran.. S89' 9 Mexican Seabd.... 16 $3o5 ‘and 4%s with serial maturities | Sno Paulo Clty 8s. 3 100 D & Rio G Wst 6s. 102 tively stuall offeIrey Wt absocbed | Lonas at 100 and interest, to| ylala ithe powerful pool at work in this| Bklyn Manptf (6 76% 75 . 7¢| M1ami Cop (2) 2 o % 23%|from 1925 to 1965 and yielding from | Sao Paulo State §s 3 10 | Des M&FtD ¢s. around 24.01 for May contracts and|gung the Bistiiy Coripany will re- ‘stock, Phillips Petroleum crossed | Brklyn UnG (4) 83% 83 83% | Middle States. .. . 3.50 to 4.50 per cent. Seine Dept of 7s... 28 90% 90% 90} 5y 0y e e T et T ey ontracts and|fund the District of Columbia in- 41 for the first time this year, and [ Brown Shoe (4). 724 T 3% | Minn & St Louts 2% ! Serbs Cr'tes Slo 83 ! Erie 1st cons 4s the end of the first hour. The ad-|areiy® taX mot to exceed 5 mill there was heavy trading in Pacific Oil| Brown Sh pf (7). 100% Mis Kan & Tex. 2 —— Eric gen 4s. annually s 483 2 FE . £ S - vance of sterling offset lower Liver- | “"RHally- == 4 57, which was practic: ts | Brunswick-Blke 48% MK &Topf (5).. : 53 99% 99% 99k | prie £on de .. e ot ST we Tuuer - s will be secured by a o tors Cosden, Texas Compa SBuff R& P (4). 70 AMissour! Pacific 3 STEEL DIVIDEND GOSSIP Swedinite: - il Erle conv 4s B. v BIaN suud frsdars s exiden iy § fcel moxtusge on thelpraperiy: wihich 2 s s found no fresh inspiration in the|, . ; c- | Burns Bra . e 975 Missouri Pacpf. 7% 19% 7% Swiss 5348 1946, .. Bils anis : approximates 10,000 square fest, and Shell Union and Sinclair were all ac-| Burns Bro (10) t 7 4 S convis D e othorwide P - 0 ety aoort “in &t “advanoing prices. | Burns pr pf (7)., 117 repit el ¢ FILLS WALL STREET AIR| Smissths 1060 Bras D e ol cables reported a | UPOR & 15-5tory modern firaproot steel 5 Bur Add Ma (3). 79 font Pow pf (7) By the Associated Press. Tokio68. ... .... 7 Gr Trunk sf db 6s. small market with little desire to|ani, conchéte apartment building t . Motor Stocks Erratie. Butte Cop (50c). % {ontgom Ward. NBW TORK, Jamuary 22.—With the | U4 Kingm 5%a°2 % 17 Grand Trunk open fresh accounts pending an im- | poifai e, o the site. The land and Chandler Motors had another sink-| Butte & Superior 21% iy Ses | 2oon Mot @3)... quarterly meeting of the United|U'd Kingm 5%s°37.104 1063 % 106% | Great North 5 provement in trade. S eia = complelion ave a; Ing spell, but subsequently rallied. | Butterick Co. 2414 Mother Lode 756 e 1 Corporation directors less | Uruguay 8s 11 106 | Gr North 534 - e s et e, e bawnce Tho dlvidend meeting oceurs early 10| Cagdo Central 2 2 than a week away, Wall Street s be- MISCELLANEOUS. Gr North gen e e Y et March. Studebaker went below Cal Packing (6). 102 at Acme...... % |ing flooded with the customary re-| ajax Rubber % 21 9 5 ud & Man ref 5s. 7! e e 5 Fewer Revenue Passengers. during the sell in Cha e Cal Pete (1%).. 27 2 & at Biscuit (14) ports of a change in the company’s|Am AgrChem 5s. . % 9 B Hud & Man aj 5s. Jater recovered. Buying on Callahan Zinc. 4 at Cloak & Sut 7 dividend policy At Agr Cham T%a o 11l Central ref General Motors, forcing the stock o) Caly & Ariz (2). 55 tCl1&S pt (7) 100 In some quarters it is expected that | Am Chain s f 6233 a 111 Cent ref 55 '55. . $ new high, above i4. Dupont went|cCalumet&H (1) 17% 1T t Dairy (3).. the corporation, which last year paid | Am Cotton Oil 5s 9215 @ 24 | 11l Central 53s. . @ion with General M bori S ¢Canada Sou (5). 57% at Dept Stores 4 40 | quarterly extras of 50 cents a share| am Repub deb bs. 9 e 15 | 111 C-C St L&NO s { Operaions ml Ll S s | CanPacific18). 15?" 5 t Dp St 1st (7} 100 100 100% |in addition to the regular dividend of | Am Smlt & R 1st 52 18 9 X 97 | IntRap Tran 6 e e oD oo | ChuomErEsTLIE A t Distillers pf 607 59% 594 | $1.25 a share, will now place the com- | Am Smit & R 6s. .. 105% 105 | Int Rap Tr bs st Bought on knowledge of the success| Gonefeather. ., 19% 108 tEnamel &S 3 36~ 36% | mon stock on a flat $7 annual basis.| Am Suc ret 6s..... 17 101% 101% Int Rap Tran 6 @ttending the development of new | Cent Leather pf. 56 at Enam pf (1) 87% 874 | Others are beginning to speculate| Am T & Tecltr 4s 96% 964 @ Int Rap Tran 7s Yines of business. The Commerclal| Century Rib(2) 87 37 at Lead (8) 52 160 162 |on the possibility of a larger extra,| AmT& Teltr5 1004 1001 Int & G Nor 1st 63, Rbivencs stocks, whick were 4uotsf|cered Pusto (i the & 5 t Lead pf (7). 4 116% 116% | based on the recent expansion in|Am Tel & Tel 5 wi.. 95% 95 05 |Int&G Norajés.. giround 117 as late as Monday morf-| Certatn-Teed... & at Ry Mex 2d.. 2% 2% 2% |operations and the favorable Am T & T deb 5%s 37 101% Towa Cent 1st s. ing, sold close to 150. Tadio Cor- | Chana Mot (3).. 50 el Fedi < poration crossed 70 again, and there| Cheg & Ohlo (4). 97 t Sup pf (1) 107 107 Am Water Wks 5 04 9 9 Kansas Ci were sharp run-ups in Texas Gulf Sul- | Ches & O pf (6% 108 8 vada Copper.. K 14% 154 T Am Writ Paper 6s. 46% 46% % | Kansas City 8 C torage tery and| Chicago & Alton T% Y Air Br (4) 2 3 524 53 STOCK EXCHANGE SEATS Anaconda 1st 68 101 100% Kan Cy Term 4s Eisstrls i sc. | Chic & Alton pt. : 5| NYAIrBra (4) 57 57% 57% Anaconda cvdb7s 83 103% 102% 102 3 n remarkable advance oc-| Chic & East : Y Canners (2) 3% 83 Andes 78 25% pd.. 37 100 100 d in Commercial Solvents stocks, | Gni & £ 111 pf. 3 & Y Central (1). 12 3 lzz,.v: NEAR RECORD OF 1920 pemea i e 86 ing them to new high prices.| CpicGr West : : YCStL(6). .. 1264 4 128 | By the Associated Prese. Armour of Del 5% 17 91% 91% mpany is expand its opera- | Chic Gr West pf. 27% NYC&StL pf (6) 80 FORK » c 22 Barnsdall s f 8s 104 gbos: ana. ithe dindlcations are Whet] ciacn & SEE.. 186 \ Y Dock pt (3). 5 AR e B ;T-“‘(.’! Bell Tel Pa 5s...- e busses of the company operated = ssinings of e Samioel & S TNl ‘;;’" e NY NH & Hart.. 30% | change were sold today for $110,000 | Beth Steel pm 5 9 % 91% e ; sau crate, 3.50a4.50; on an average of 6.5 miles to the gal- B shares during 1925 »p Chi & Nwn (4 ! & Y0 & Wt ( 23% 28% [ oach. within $5,000 of the record fig. | Beth ; % < , 2.0026.00; turnips, basket, | lon of gas; the depreclation on busses mate $20 a share. cnt gnle;'f’.(:) = Niagar Fpf1%. e o D 5 5% | Mt 21 Ry & Los 5 was .024 per mile; maintenance, .031 Cl - % v Norfolk South 2845 23% s - | Bri H St 1st 5%s 9 985 M & St L 1st ref 4s. 21% Apples, packed, barrel, 3.00a7.00;| per mile; total income per bus, 137 s ey et o Nociaw A 128 | cargo brokerane firm of Faroll Broth. | BKIyn Edgen ss.. 18 99 MStE & SSM < 88 bushel, 1.00a2.25; cranberries, box,| per mile, and total cost per bus, per == EpECID. North Am (3. 3 A 43% | ers, bought the membership of F. Bklyn Union G 5s. M StP & SS) . 5.0026.50; grapefruit, box, 1 mile, .2040. U. S. Steel Hits~ 129 During Final| Chi StPM&0.. B North Am pf (3) & 8% | odenwaid, and the soct ob Aicers & | Bush T Hldg 6a 68 94 | MStP&SSM6 oranges, box, 2.73a3.50; strawberries,| Four Fageol double-deck busse 2 Sllscom 80, North Pac (5)... 684 4 69%|Gross was transterred to F. J. C.|camtPete 6%s.... 1 . A 4 | quart, 30a40. will be put in operation on Februars [ELGn e nesc i Cluert Peab, (53, 66 66 | Onyx Hostery. .. 20 | Welnberg. Another transaction at|Gan Gen Elleb 6s. - B i 7 Selling Prices at Noom. 1, it was stated in the report. 2 e e anot (1) 104% | Onyx Hos pt (1) .82 |$105,000 was announced. The pre- | Central Leather 5a 15 100t . : 1 Wheat—No. 2 red Winter, spot. ex- Elected Ansistant Cashiers. January 22.—Stock | coca-Colo (7).. 90% Orpheum (1.80). 26 |vious sale was at $108,000. Chile Copper 68 2 : 2 s made brisk recovery from re-| Colo Fuel & Iron 43% ¥ $| Ous Blev (1534) i 90% a2 ¢ a % | domestic, 2 : were elevated to assistant cashiers of cent heaviness today under the lead-| Colo Southern.. 46% % Otis Steel....... 10% | == —= s 2 Y garlicky, dom 3 No. the Mount Vernon Savings Bank - N & e e el & E (2 6% 6% | Owens Bot (3).. . M 4 3 = ¢ 4 | W A o s a 1 o ership of 2. Steel common, which| Col G & E (2.60 467 b % ) 72 = Winter, garlic no quotations the annual meeting of directo yes- advanced nearly three points to its|Col G & Epf (7). Pac Coast 1st. .. el R 1| Commonwth P 63 les—None. terday. The following were re-elect- highest price in eight years. Buying| Com Iny (2.50).. = Pac Coast 2d pf. % s“l" e“me Eost. oM 42 {os | Consumers Pow, 58 g Corn—Cob, new, vellow, spot, ed: R. Golden Donaldson, chairman was influenced by the resumption of | Com Solv A (4). Pacific Gas (8).. ShpeNion . b 2% | cuba Cane cv d 8. Nasssa Ry 687 g . barrel; track corn, vellow,|of the board; Willlam Muehleisen sterling's advance toward parity, | Com Solv B..... %1 Pacific O11 (2).. e or ot (. 87 & | Cuvan-Am Sug 8s. e - president; William H. Johnston and higher crude dil prices and encourag- | Congol-Nairn (3 41% | Packard (11563, ) e o | Bery @Gy Ts; NorTes e : Nome. bushats| B - Davison, vice presidents; Wil : trade reports. Total sales ap- ley Tin Foil. Packard pf (7).. e 13 % | Det Baiso - NO Tex & M 5%s %, 671268 per bushel;|lfam R. Baum, vice president and i 1 4nsdes thases, Sy Cigar 2 9 | Pan-Amer (4).. R 13% | pet Ellson ref bs gl : 3, 671268 cashier; Robert T. Highfield, assistant proximated 1,400,000 Cons Symington (A). 22 2 178 HsEe e lati vas stions Bustin| CombAstmbUies: Pan-Amer B (4) b el 1% | DonzierSteal 1= NY Con e o b ; ye—Nearby, 1.30a1.50; No. 2 rve,|cashier, and Hayden Johnson, counsel e clos as stror y = . : Paniandler . 4% 3 elautograph. . 3 % | Du Pont de N 7 NY e i 6%. power increased in the late dealings, | Consol Gas (8) i 4% 4% 4% Paris& Bsta... 1% Tennessee Cobpe 8% 8% | Duquesne Light e : P fay- Recelpts, 77 tons. The docal i = Steeljcoumon crosstne 229,060 tCan (4) 3| Park & Tiiford.. Texas Co (3)... 44% 447 | Est Cuba Sug 7%s T Ceatdeny I e fon ov) el tsti : eral Motors touching 75 and Texas gg:”"!u 6y Penn C&C (4).. 4 Tex G Sul (173%) 104% 106% | Empire G&F 7%8. 134 X Cent1n f oY des of timothy and choice lght|Oof the Commercial National Bank Gulf Sulph a Arms, Dupont, | & 80c).. 6 9 % | Pennsy R R (3). Tex & Pacific... 43% 44% | Feder Metls 78°39. 7 e T G Rrwsss d hay, of which the offer-| Will have charge of the annual dinner General Giciana Unitsd Fruitee] oo s () 35 Penn Seab Steel. 2% 21 Tex & PacC&O 14% 14% | Fisk Rubber 88 N oo 5 clover mixed hay, of B CT emand 15| of the local chapter, American Inati- s % to A% points O btkey 11913 20 | peoples Gas (8). Tide Wat Of1 (4) 134 134 | Francis Sug 7%s.. REC e a5 ings are MmMILel ond inferior hay 1s|tute of Banking, on February 21, it ng 3 4 points Copa Ees o Pere Mara (4 ?| Timken (13%).. 39 2 : xood Tow/gEads and tnlerl was announced this morning. Mr (otpee e Phila Co (4).... 5 Tobac Prod (6). 77 Gen Elec deb 5s. 2% v 5 aull and of irfegular FalLe. @ hothy,|Reynolds is famed as a toastmaster ?‘;EC?;‘,ESU ay; : Phila&RC&I. {ObEs EEoaLA(T 387 S i ew Haven 7s. ... o fln‘?::;?"l‘?'n!\'o 3 timothy, 17.00219.0 A S R P s at ¢ 4 Ci Ty 5 Phillip Morris. Transcont Oll... 5 Goodyear 8s 19 o7 oy Y el ey ixed, 19.50a20.00; aakets st wElamee | oo ot o | Ehiiper . Tl Gl (1 58 Gooayear sa 1841 22 1 NT o s 8, e Suats 0 DATRY PRODUCTS. = 27 - = . 7 Hershey N'Y,Ont, over, ety e Cuban Cane Sug Ko [ierereatcrows Rty % | Underwood (3). 40 Humble O&R 5%s. ew York Ry frds 5 5 tra o. 1 wheat, 16.00a17.00 Der | oy on o ey 22 NEW YORK—Stocks strong; U. S.| Cub Cane Supf. Pierce-Arrow p Un Bag & Paper 42 T ; e o R oat,. 16.00817.00. _BALTIMORE, January 22 (Se Steel highest since 1917. Bonds firm; | Cuba Dominican 5% 5 BY Pierce A prior 8. Unlon Oil (1.80). 38% D fiins. 3% | New York Ry aj5s 1 il st Ty g Togtiotus, T1ie: Wister CHiss: foreign loans active; seaboard issues | Cuban Dom pf.. 42 4 3 | Elerce Oil... . Un Pacific (10). 149% | et e sy 11 NY State Ry 4%s. 2 - E i S ; sterl at new high, around $4.80. v Chem.. L5y # o1, : ter Paper 53’47 orfo! cn4s 5 a 36 3 Sriee old, 35 Sl icoor: sonthors nelling, Sutst | e At (] N D Savtm ‘ e o KCP & 1nssAsE. € Norfolk & W cv CHICAGO, January 22.—Hogs—Re-| 0 Y08 oreq" Dreasts, 257 ducke y; freer spot offerings. Coffee | Dol L & W (6). B e i Coth. :}‘?,Lffsr(”(‘é)) Foor Kan G & El 65 '52 s Northern Pac 3s. .. celpts, 57,000 head: slow: Cory v [20a30; geese, 22a%6; pigeons. pair, 354 gher; trade buying o 4 5 8 ilee = 2 s Northern Pac 4s ess mostly to shippers . Y > A i REpse e e %33.?35’55' e T o Dg b e ’fiifnifi'séf?ng Northern Pac 53 D o Wednesday's averase; ocsl oy ey Yfgu‘l‘\x“,l’_";r‘k"_“ . AG v 7 es (2). 5 ok bk e ity Kxawa S 53 '50 Northern Pacr 1 68 Kkillers bidding general 45: s B e i CHICAGO—Wheat strong; urgent | Dome Mines ¢ Press Steel Car. U S Cast Iron P Lac i : s eoree’ Datcliers om | 45; poor and cro breasts, 25 . pect . 5 : Myrs 5. Ore & Calif 1st bs. cer; best weighty - . D 2 forefgn inquiry. Corn firm; sympathy | Doug Pectin (1). F8¥ Press Steel C pf. USGTPor (D Liggett & Myrs bs. R oo | Qre&canitistes. lower; best welghty butchers, o8 | chickens, 232307 old roosters 1 e Pént (8).... 143% . lard (P) o shipping s 30a42; ducks, 25a30 s with wheat. Cattle irregular. Hogs | Du POt (0 0os 10500 Excdifenners 2 U S Distributing Lo an v Tass : 5 | Ore Sht Lcn 55 *46. and cholce, 250 to 290 pound kind, | Sapons, 30a4%; ducks, 2baZ0;: geese. steady to lower. Degree Pro & R pt (33%) U S Hoff (500). . e Sug st 148 100% Pennsyl gen 4%s 080a10.90; few sales desirable, 180 | 23a25. 5 z o Eastman (18)... 116% v | Pub Ser N.J (5). S Ind Alcohol. ‘ ey A 106 B\ ot Penitac, 214 1040 pound weight, 10.10a10.50; 140 Fa--Eooslyts 10 cksex; niatty 5 Eaton Axle..... 12% s S Realty (8).. T ta Stab) Bai 24 88% Pennsyl 6%s. t9 %40 "pound averages mostiy 9.25a | and nearby frsts, dox, offered, Elec St Bat (15). 65% Public . Midvale Steel 82 20 99 e s T PN tong welght slaughter | Did. 55; quotations, 56 GAST IRON PIPE PAY Elk Horn....... 10% o Pullman Co (8). 2 :\xonmnqlow‘ & 0% G ,ennfil gol ;- - 10.! 0 o n0us.50; light weight down- | Butter—Creamery, good to fancy nd-John (5)... 69% 697 Punta Al Su (5). 2 4 Mor's&Co 1st 4343, 5 0 Pere Mara ist 5s.. pign:, SR0ES S b, 37a4l; prints, 41a43; ladles, 30a 5 Vi o 7.00: few sales of packing |l ¥ 31% 3 pure Ol (1%). New Eng Tel 0. 37, 5 WaEd to el 327 store packed, 21a22; process but UP BACK DIVIDEN Ds irle” . dls = A S “ NY Eden lst 6% i Reading gn 4%s. . sows, 10.00a10.25; heavy-welght Rogs, | . ° %3373 P rong " 2245; dairy prints o Radm%flw(osr)A' U'SSteel (17)... 29% ‘ NYG EL H&T s . Rio G West st 4s. B ociutn, TEA0H Tioull: mpat | SE8T5. Stl . E % of P 58 > = Tatt ecelpts, ¥ = 7 3k Famous F1 (8).. 937 RYd Mines 171, 3 gfismlm:;). - fi’;{(;rl;h’,;“;‘ o - glf;}r;\;sit‘l‘;: 3 Killing classes slow; Beef steers bare- Scelgena o ; &T (*7). 132 | “ons Cop. .. niversal Pipe. o 2 . 61 106 Yios. . : s P apota lewer: e i ; Fed Mines pf (1) 61% 62 2 | poading rts. T Utah Securities h Am Ed 65. .. 5 41 St L &S F pl 81 mixed yearlings upward to 11.50; few | (Quotations fura V. B. o. and Earnings Reported at Fid Phoenix (8) 148% 1484 148% 148% | Reag 2d pf (2).. Vessatnmt. . b i :z::n A Ed 8%s. ;:t:bsiir‘fnlg =1 i T 10.50a11.00; pest welghty steers Nominal Selling checks s Fifth Ave (64c) 127 12% 127 Remington Type Vo Cato-Cheme: : Nox Ohio T&L 68 StL&SFo4sD., 43 unsold; numerous loads big-weight . 7. Meeting Today. Fisher Body (n). 67% 67% Replogle Steel... Va-Caro Ch pt.. o 20e steers held off market; general steer | London. pound .. 0 4T 9 3 lar i ¥isk Rubber.... 12% 12% Rep It & Steel. . Vivadou ok 3 P trade, 50 to 1.00 lower than a week | Montreal, dol 801 5 Nor § 93 2 5 77% i | Paris, franc By R Associsted Press, E‘:::‘;&“':x"(‘;:} N e |Benras el Wabash. Otis Steel T%8. -« Sl ago; in-between kinds showing maxi- | Barle, frane .- L 53 36 94% 1 Mum decline; better grades fat cows | Beriim, mark. ‘238 gt NEW YORE January 22.—Th L 94% 94% Wabasn pf A. pacific Gas & E1 v B A ol ¢ vel, - Rome, lira ... i 0415 0 Ba. atatn iCast Tos it ipor an | omnatlon O O i ERAT Waldort (14 PacT & Tistbs.. 26 98% StLS W con 45732 23 P e e D 1820 Foundry Company today declared an are today offering a new issue -of Boommas~bnon March, 2 Ma v.| The Washington Rapid Transit « i October, 23. : °'| suffered a decline 069 revenu s passengers during , as compared with the previous year, a perusal o the annual report discloses. In the GRAIN AND PROVISIONS. |5 55" hontns pascengers numbered LTIMORE, January 22 (Special). | 3,928,572, but total mileage operated hite potatoes, per 100 pounds, | was reduced to the extent of 11,233 al.50; sweet potatoes, barrel, miles. barrel, 2.50a4.00; beans,| Tha Sixteenth street routs proved 1.75a2.25; beets, crate, the more fertile during the year, broccoli and kale, bushel i|total of 2,123,631 passengers being ssels sprouts, quart, 15a25; c garnered over this 1f In the pre- ton, 25.00a26.00; sav .| vious vear only 1,947.410 were car- s, 100, 5.00; ; ried. The remainder of the last year's . 2.75a3.00; celery, crate,|total was accredited to the Petworth eggplants , 4.0026.00; | route. The Rhode Island avenue line lettuce, 5 100 which in 1923 attracted 270,289 p pounds, 100, | sengers, was abandoned. The Unio 7.0029.00 snips et, 90; | Station line was operated only durin @ S b e RubrumbomnomnnSoluSokaanda outlook for the industry AmT& Tev fs 128 12 = Kan City Ft § 4s. © port, 1.9613; No. 2 red Wi | Frank W. Lee and T. Edwin Norris Chosen Dinner Toastmaster. James B. Reynolds, vice president £ 4 HU S & T 55'62 30 < 94% 93 StP&KCShL4%s b 81% 81% | beef heifers tending lower: lower | Zurich, frenc, i 5 Gardner Motor.. 6% 6% 6% St Josepn Ld (2) 4d% e Pactflc ¥ B can 6s.. 49 1064 106% | Seab'd A L 4s sta.. 2 grades fat cows, canners, cutters and | Athens. drach : i oxtih dividend of $6:01 & share onthe [{ o e imnic (8). b DE%S : | St L & San F (6) West Maryland P 'S Gas 53 95% i 95% | Seab'd A Lref4s.. 40 64% bulls steady; shippers barely active | Vienna, crown o001ty preferred stock, thereby completely | GSR-T0, Ny 70 571 684 SET: Do thivsant e At People s k38, 95 i 95 | Seab'd ALadjbs.. 6 for veal calves; paying upward to ;E\r:;:;‘;:-c.”rx:n. oot llquidating accumulation on this is-| GEN4 Dhpf (5). 98% 99 Savage Arms... esiar Basifc, Phila 0o S %s A.. 3 103% 103% 103% | Seap'd A L con 6s..127 19.25 for striotly cholce 175-1b. aver. | ezgue, Crow: Four resulac quarterly divi-lqe; clgarics). .98 98 Schulte (8)..... West Pacpf (8). P Ras c&l 100% 100% | Sop Pacific 4529, . 30 age; packers most 10.50a12.00; Stock- | Sonenhngen, crown < of $1.75 cach on the preferred | Gon Bleotric (8) 310 813% 3 310 | o A A T e i () P ERILERAS 94% 905 | on Dra06 thte.. . ors and feeders steady; moderate | Chrisistia, crowa - for 1925 also were authorized. | Gon Elspl (60c). 11% 114 1| Seabd AIr L pf., 3 bk g ek E1erce_Atiol B B e a4l Country demand for beiter grades, | Stockholm, / ew Jersey court decision re-{Gen Motors (5). 73% 175 % 76 | Sears-Roebk (6) 161 6l wastinghns (4 76% Pul U orv Elec 68 104% % 104% | Southern Ry gn 48 750 to 1,000 pound kind, these selling cently prohibited the company from | Gen Mot pf (7).. 106% 106% 106% | Soneca Copper. . 1 B ac et 8 "ol . % POl S 105 105 | Southern Ry 1st 58 mostly at 675a750; bulk stockers| o BONDS STOCKS paying common dividends until after | Gen Petrol (2).. 43% 43% 43% | Snattuck-Ariz. . 7 Wheel & L Erie. 15% 15 o e 108% 108% | Southern Ry 68 ct. and feeders, 5.50a7. % RMAN AND 3 &1l prrears on the preferredissues|iGanRefrao (3)5 ShE S0D 58 | Shell Trad (2.08) Al% White Eagle (7) 29 29% 29 o T11 86% 864 864 | Southern Ry 6% Sheep—Recelpts, 14,000 head: fat| oyyeq in dollars per million marks had been cleared up. The present|Glmbel Bro b4k baw 54 | Sheil Unton (1). 257 White Mot (4).. 74 T4% 74 i17s. . 92 % 91% | Perm Asso St L 4s. lambs unevenly steady to 25 lower; | .. Gt (war loan) Ss 1814-18.. 2075 pavment involves the distribution of | Glidden Co 13% 13% 15‘4isneu Un pf (6).. 100% Wickwire Spene 1 1 1 Sin Crude O11 5% 100% 100% | Texas & Pac 1st s mo{stly 25 off; bulk, u.oufu.z.‘, top, | Hamburg 4%s mn $601,370 to preferred stcokholders. Gold Dust. 41 41% 41% | Simmons (1).... 8274 Wickwire Sprts. 1 1 % Sinc Crude 6s Wi. 9945 99% | Third Ave ref 4s 18,60; choice !8-vouvlld llld shorn ‘G::; e Net earnings of the company in 1924 | Goodrich. . 42% 44 44 | Simms Pet (50¢) 2315 Wickwire pfrts. 10% 10% Tt Sin Pipe Line 5 84 83% | Third Ave adj 5s. . JEmbe 1600; pruice 1LY oun eaE | QuatcaiTa detin totaled $6,020.920, equal, after pre-| Goodyearpf.... 89 91 91 / ginclair Ofl..... 18% Wickwire pfd. 2 25 25 South Bell Tel bs.. 14 99% 99% | Union Pac 1st 4s.. lings, 15.50; fat sheep and feeding |q. Qen. Elec 41 ferred ai ds, to $42.17 a share on | Gdyear prior (8) 106% 107 107 | Sinclair pf (8) 88 Willys-Overlané 9% 10 9% 9% | 5o Por Rico Sug s 2 102 102 | Union Pac 1st rf 48 lambg steady; fat ewes largely 9.85a | Gor Gen Eiec 4443 1010 the common stock, approximately | Granby Consol.. 19% 19% 19% | Sicelly OIl. 25% Willa-Over pf-- 5% 76% 4% 74%| o fiomwost Bell 58. 90 96% 963 | ooion e ds M 10.50; desirable feeding lambs, 17.00 | Reriin s presedt. .- double the 1923 earnings of $21.92 a|Gray &Davis... 5% 0% 5% | Sloss-Sheff (6).. 84 Woolworth /37. 121% 122% 120% Steel & Tube 78 1 105% 105% [ Un Pc 1st rf 58 a18.10. Hembure &5 S & 1.2 e . gn :onon nlt(f)) ggv gg;fi 3 gg,’(: South Port S (6. 13‘% ;\;on:ln:tnnii.) :gt zga :‘:Z% Sug Est Orfent 5 Zg 13;1% ggh Union I‘m:Bcv: Pt ,:2;:: German H:y: 4 rt Nor Ors (4). 39% 9 uth Pac (6). . 4 right Aero Elec Pow 68, % 99% | Virginia Ry s A rman Llove — - GreWatn Su (8) 92% 93 = Southern By (6) 80% Wrigley (8) do% 4 4sw ToreWat OIl 6%s. 2 1084 1031 103w v.‘éy&pusz 5s.. STOCK INCREASE PLANNED. |Emssian Ciospls 9% Greene Canan. .. South Ry pf (5). 843 Yellow Cab. % Edn 1st 7s. i % | wabash 1st 5s.... a8 i R el s Drawar. PARIS MARKET UNSTEADY. |GUifSisceel () 86% 88% 87% | Spicer Mtg 17% YoungstnS&T. 78 13 713 T i ta. .. Lt 1B 1007 | Western Ma 4s NEW YORK, January 22.—A pro- | Piankiord a-M 4s pre-wa PARIS, January 22.—Prices moved | garemanCo (4). 34 34% 34% | Std Gas & EI (3) 3% *0dd lots. U'S Rub istrf6s.. 23 86% s 85% | Western Pacific 58 posal to increase the capltal stock of | Muien ds pre-var frregularly on the Bourse today.| payes Wheel (3) 37% 89 St Ol Calif (2).. 62% Bt ctve . | PASADIE I platyired U S Rubber 7%s... 10 106 106 | West Shore l1at 4s. the l:ta‘rnnuonnl Telephone and Tele- | Ragizzte, B Three per cent rentes, 48 francs 00| yoime Geo H... 76% 17% 77% | StOINJ (1)... 41% Dividend rates ‘as given in the above U SSmelter6s.... 10 101% 101% | Wheel & LE cn 48 graph Corporation from $25,000,000 to centimes. Iixchange on London, $3|Hoe & CoA (4).. 48% 48% St Ol N J pf (7). 17Y% are the amnual USSteels £ 68.... 6 104% 104% | Whel & L E rf 4%, francs 47 centimes. Five ver cent| pouseh P (13%) 36% 36% Std Plate Glass. 16% “;:L'.'_ e - Utah Pow & Lt 5. 8 92% % 921 | Wilkes B&E 1st 58 loam, 59 francs. The dollar was Luw,,_,,,,m,,“" 80 8% 80 | Bterling Prd 5% 64 843 @ividends are Dot includede Sosstel 103 _;I’Mt 78%‘ ‘Wisconsin Cent 48, $50,000,000 is_announced by the di- | Disconto + Guoted at 13 francs 45 centimes, Stew Warner (5, 78% PY=P-EAT T et POUSEEYR-If e rectors. Stockholders will be asked | Dresdner Ba to approve -the Incroase on Febru. | Deutsche Bank . oo ary 10, \ ‘Mercubank Yieuna