Evening Star Newspaper, January 30, 1925, Page 28

FINANCIAL. STOCKS GO HIGHER IN VARKET TODAY Railway Shares Strong—0ils Drop, But Rally Later. U. S. Steel Drags. BY STUAR Fnecial Dispatch to T NEW YORK, Ja market continued active the most part the move ward higher prices shares th a few r while the their racent nt hares some of moderately de f United Sta the | WEST, | 1ary 30— The = 1 able oils, although | gains quit again. In the them eld well, wers pro; 1dependent ste thead ictance o mon to further the ape saver jalty stoc ommo Southern Mallway Strong. | i fiden 3y | up son Loui > was carrled there was no par rail se 2 h “A” did mot tment at the s to take any | at yesterday's Ture ion on the dividenc eting Announcement that the te merger had been finally v did not an m the stocks erned Oilx Again Active. behind a bit at up promptly the Nickel | - T ps Petre nd its Marland, which Associated Ol 39 for the first time, and ndent Oil and Gas surpassed its high s a State A rasnEt The form Freely plied. Steel was independent slf States and r was helped £ the 1924 earnings, pi: nt for the common at a share. At the same tim t during the last quar- | ter §2 a share had been earned. There was talk th the February meeting favorable action would be taken on divi freely supplied Colorado Fuel by estimates it was stated th s Manufactu: It is ngs ran at | | MARKET CLOSES STRONG. Byt sciated T EW YORK accumulat flaction line prie January 30.—Persistent oil shares in re- advance in gaso- resumption of pool | he industrial list im- tone to today's stoc ales approximated 1,600, parted a mariet shares The nz took on a new trading. Katy 1 1ecord top at S4% jumped 61z, Gen ted States was stron of life i eferred touche Coppers al alty New rger trade | | | Cotton lower; Sugar easy: firm; ewei narrow | Hogs steady to | 2 = | DRY GOODS STRONGER. | NEW YO Special). e a bit trading was | slow. Print an elghth of | by 60 and 11} Raw silks were arket. Prices de und throughout the er tops the price 2 pound though tations t0 fo cents for 6% by T weak et n clined 5 cents a pe XXA list at §6 STOCK DIVIDEND VOTED. PITTSBURGH, Jan tors of the Standarc ufactaring Co. d dend of 25 per cen shares of the company regular quarterly anitary Man- a stock divi- on the common in addition to cash dividend | 250 a share. The usual quarterly | dividend of 1% per cent was also declared on the preferred stock. | ary 30.—Diree- | | BUTLER ~T0S." NET. CHICA ry 30.—The net earnings Bros.. general whole for 1. were $2,773,172 ers 92 72, Cunningham, president an- st at the end of nd current e than 12 the state- io of m nt liabilities, sssets v 10 1 to ¢ ment said FINANCIAL NOTES. NEW YORK, January An initial | quarterly dividend of 50 cents a share on the class A stock of the Utllities Fower and Light Corporation was de- clared vesterday. An issue of 150,000 class A shares was sold recently Corporation. radio man- today declared an initial dividend of $1.25 a share. | | = % | WOOL MARKET SPOTTY. i RBROSTON, January 30 (Special).—Raw wool markets we spotty today with no prics changes except where a few concessions have been made for spe cial reasons, such as to clear out stock. A angle to the wool sit- uation has been afforded by the ten- of mills to take over dealers’ ts for ungrown wool NEW YORK EGG I;RICES. NEW YORK, Yirm; receipts, gathered, extra f January 126 v selected extras 61% and nearby Western hen- 58a61; nearby hennery browns, ex #2a63; Pacific coast whites, extras do., firsts to extra firsts, refrigerator firsts, 4§'3a49% | Ar | Am | Am THE EVENING STAR, WASHINGTON. D. NEW YORK STOCK EXC Adams Exp (5). Alr Reduct (15). Ajax Rubber. Alaska Juneau Allied Chem (4) . ’ Allied Cm pf (7) | Allis Chalm (4). | Allis Chim vt (7) Am Agricul Chm Am Ag Chm pf.. Am Bk N (11212) Am Beet Sug (4) Am Bosch. Am Can (18). T (12) AmC & Fpf (7). Am Chiel, Drux S Am Expresi individual | 4 Am & Am Hide & L pf. Am Ice (7) Am Internatl. .. Am Linseed. . Am Linseed pf.. Am Locomo (6). Am Metal (3). Am Piano pf (7) 1 Radlaor (4) AmSafety R (3) ip & Com. Stl Fdys (3). Sugar Sugsr pf (1) Sumatra. ... T & Tel (9). Tobacco Tobacco (B) Tobac pf (6) Am WW&EI S0, Am W W pt (8). Am Whol pf ( Am Woolen... . Wool ptd (7) Zine. . 3 Am Zine pf. Anaconda (75¢). Archer-Daniels Armour Del (7). Arn Cons & Co.. Asso Dry G (5).. Asso D 2d (7) ... Asso Ol (1%) AtT&SFe (1)... AT&SFpf (5). At] Birm & At... At] Coast L (8) AtGuif& WI... AtGulf & W Ipf Am Am Am Am Am Am Am | Atlantic Refitnin Atlan Ref pf (1) Atlas Powder (4 | Austin-Nichola. Baldwin L (7 Bal & Ohio (5).. Bal & Oh pf (4). Bang & Ar (3 Barnsdall A. Barnsdall B. Bayuk Clgar. Beech-Nut (3) Bethlehem Steel Beth St pf (7). Beth St pf (8).. Bri-Man Tran. . Brklyn Un G (4) Brown Shoe (4). Buff R&P (4).. Buff & Sus (19% Barns Bro (10). Brunswick-Blke Butte Cop (50¢). Butte & Superiol Butterick Co. .. Caddo Central. . Cal Packing (6). Cal Pete (1%) Cluet Pea pt Callahan Zinc. .. Calu & Ariz (2). | Can Pacfic (10). Case Threshing. Case Thresh pf.. Cent Leather. .. Cent Leather pf. Century Rib (2) Cero d Pasco (4) Certaln-Teed. .. “hand Mot (3) Ches & Dhio /4). Ches & O pf (8% Chicago & Alton Chic & Alton pf. Chi & E 111 pt Chic Gr West. Chic Gr West pf. hiMI1&StP.. ChiMil & S P pf. Chi & Nwn (4) Chi Pneu T (5) ChiR1& Pac. CRI&PDPL(T). ChiStPM&O Chile Cop (2%)- Chino Copper-. Soca-Cola (7). Colo Fuel & Iron Colo Southern. . Col G & E (2.60) Col Carbon (4).. Com Solv A (4). Com Soly B..... Congol-Nairn (3 { Consol Cigar Con Cigar pf | Con Distributrs Consol Gas (5) Consol Textile. ont Can (4) . Cout Insur (6) Cont Mot (80¢). Corn Frod (2).. Corn Prod pf (7) Cosden Co Cosden pf (7 Crucible St1 (4. Crucible pf (7) Cub Am Sug (3 Cuban Am pf (7) Cuban Cane Sug Cub Cane Su pf. Cuba Dominican Cuban Dom pf.. Cuyamel Fr (4). Daniel Boone. Davison Chem. Del & Hud (9).. Del L& W (6).. D&RGWstpf.. Dome Mines (2). Doug Pectin (1). Du Pont (8).... | DuPont deb (6). | Duquesne pf (7) Eastman (18)... | Elec St Bat (15) merson Brat | Emmer.ou 3 pf. End-John (3) Erie 2d pf Falrbks (2.60). Famous F'l (8). Fumous pf (3). Federal Mines. . Fed Mines pf (1) | Fid Phoenix (6) 153% | Fisher Body (5). Fwk Rubber. ... | F1sh Rubber pf. Fieischman (14) Foundation (6). Freeport-Texas- Gardner Motor.. Gen Am Tnk (3) Gen Asphalt. Gen Asph pf (5). Gen Cigar (8). Gen Electric (8) Gen El spl (60¢) Gen Motors (5) . Gen Mot pf (7). | Gen Petrol (2). Gimbel Bro: Ginter Co (1%2). Glidden Co..... Gold Dust Goodrich. Goodyear pf. Gdyear prior (8) Granby Consol.. Gray & Davis. .. Grt North pf (6) Grt Nor Or= (4). Grt Wstn Su (8) Gt West S pf (1) Greene Canan. Guantanamo. .. Gulf Mo & Nor.. Gu Mo & N pf 63 Gulf St Steel (5) Gulf Sta 1st (7). Hartman Co (4). Tow. Close. 97 97 86% 87la 86% 8T 1 11% 1% 1% 1 1 83 83 & 117% 117% 117% 76 TTh 106 106 16% 51% 179 41t 87 Open. 97 High. 97 " 164% 1154 115% 116 501 51 9413 941 100 100%s 874 3T4 1% 11% 97 16 60% a8 1 132% 15: 86% 8 85 104% 104% 85 35% 9714 116 b0% 94'u 1004 514 99 113 39% 33% 11 128 39% 8l 72% 69 97 9815 104 127% 128 3T% 79% 71 69 97 48 47 8 19% 23 1% 102 28% 1 108% 108% 8 8% 14% 16 5 52 10 27 13% 234 1% 87 46 937 63'a 36 46 4815 48% 49% 176% 175 0% 49% 173 17 39% 1% 31k 86% 86l 7 T 6 6% 4% 4 5 n €6% 67 113, 113 118 4 9% 87 B 38l 38% 120% 1205 2% 32k 8% 8% e T4k 2414 31 113 2 38 120% 32% 87% 735 941, 46% 138% 138% 13945 140 46 46 15% 15% 15 15% 143% 145% 96% 95% 107 107 1144 114% €5 664 2% 2% 12 12 684 681 82 43% 41 344 94% 106 23 61% 151 661 11% 41 8414 94 106 23 61 94% 106 23 61 151 66 11% 9% T4 821 834 103% 105 10% 10% % 8 53 53 58% 607 99% 100 95 95 5 804% 307% 114 11% 3% T4 108 108% 46 4T4 53% b4k 23 23 14% 14% 41 4ln 41% 434 88 89% % 105% 106% 18 19 4% 5 687 69% 38% 3874 92% 9214 110 110 17% 18 5% 5% 24 24 94 94 88% 87 88 105 105 105 31% 31% 31% 31% 66 11% 794 B2 104% 10% | Reading (4 | Read 2d pt (2) Open. Hayes Wheel (3) 384% Helme Geo H... 767 Hoe & Co A (4).. 48% Homestake (17) 45 Househ I’ (13%) 86% Houston O11 83% Hudson Man. 26 Hud Man pf (5). 65% Hudson Mot (3). 35% Hupp Mot (1)... 15% Illinols Cent (7) 116 Independ Oil (1) 19% Indian Refining. 7o Inland Stl (212). 46% Inland Stlpf (7) 109% Inspiration Cop., 2 Interb Rap 1 Internat Agrl Int Bus Mac (8). Int Cement (4). Int Com Eng (2) Internat Har (6) Inter Har pf (7) Int Mer Marine. int Mer Mar pf.. Internat Nickel. Inter Nick pf (6) Internat-Paper. Int Ry Cent Am. Int Ry CA pf (5) Int Tel & Tel (8) Intertvpe (71%3) wel Tea pf.... Jones Bros Tea. Jones & Lau (7). Jordon Mot (3). Kansas & Guif.. Kan City South. Kan C So pf (4). Kayser (Julius) elly-Sprgfield. Kelsey Wh (6). Kennecott (3).. ileystone T & R. Kresge SS(8).. Iiresge Dep Str. Laclede Gas (8). Lehigh Val (3%) Lig & Myrs (3). Lig & Myrs B (3) Lig & Myrs rets. Lima Loca (4).. Loews Inc (2).. Loft. Long Bell Lorrillard (3) Lorillard pf (7). Loulsiana Oil... Ludlum (2)..... MeCro (1.60) B. . Mack Trucks (6) Mack Trk 2d (7) Macy H R & Co. Magma Copper. Mallirson & Co. Man E! Sup (4). Manhat Shirt (3) Maracaibo Ofl. . Market St prior. Marland Ofl..... Martin-Parry 4. Mathieson Alka. Mathieson rts Maxwell Mot A. Maxwell Mot B 85 May Dept St (5). 106t Metro Ed pf (7). 99% Metro G pf (1.89) 187 Mexican Seab: 16% Miami Cop (2).. 23% Middle States... 1% Minn & St Lou! 2% Mis Kan & Tex. 32% MK&Tpt(6).. 82 Missouri Pacific 86% Missourl Pac pf. 774 Mont Power (4). 63 Montgom Ward. b51% Moon Mot (3)... 23% Mother Lode 750 8% Nash Mot (+11). 260 Nash pf (7)..... 105 Nat Biscult (14) 69 Nat Cloak & Sut 73% Nat C1& S pf (7) 103% Nat Dalry (3).. 47% Nat Dept Stores 40 Nat Dp St 1st (7 100 Nat Distillers pf 60 NatEnamel &S 35 Nat Enam pf (1) 85% Nat Lead (8)....156% Nat Ry Mex 2d.. 2% Nat Supply (3).. 69% Nat Sup pf (7).. 107 Nevada Copper. 15 NOT&M 123%.. 115 Nwpt UGas (5). 544 NY Air Br (4).. 50% NYAIrBrA (4) b5% N Y Canners (2) 83% N Y Central (7). 1224 NYCStL (6)...129 NYC&SL pf (8) 90 N Y Dock pf (5). bb% NY NH & Hart.. 304% NYO& Wst (1) 23% Niagar Fpf1%. 28% Norf & W (18).. 129 North Am (3.40) 42% North Am pf (3) 47 North Pac (5) Nunnally (1). Orpheum (1.80). 26 Otis Elev (16%) 90 Otis Steel 11 Otis Steel pf. 6314 Owens Bot () 46% Pacific Gas (8).. 103% Pacific Mail..... 8 Pacific O11 (2).. 63% Packard (11.50). 15% Packard pt (7).. 105% Pan-Amer (4).. 69% Pan-Amer B (4) 70 Panhandle..... 5% Park & Tilford. 32% Penna C & Coke. 19% Pennsy RR (3). 48% Penn Seab Steel. 2% Peorles Gas (8). 118% Pere Mar pf (5). 74 Pere M prior (5) 81% PhilaCo (4).... b53% Phila& RC&IL. 48% Phillip Morris.. 13% Phillips Pet (2). 44% Plerce-Arrow.. 184 Pierce-Arrow pt 48 Plerce Oil Plerce Ol pf. Plerce Petrol Pitts Coal pf (8) 97% Pitts Stl pf (7).. 101 Pitt Tr Coal pr.. 87% Pitts Ut pf (1.20° 14} Pitts & West Va 69 Postum-Cer (4) 964 Press Steel Car. 65 PrstCarpf (D). 90 Prod & Refiners 31% Pub Ser NJ (5). 170 Public Servrts. 25% Pullman Co (8). 141% Punta AlSu (5). 481 Pure Oil (1%). 21% Radio Corpof A. 624 Radio-C pf (3%) 51 Ry StSp pf (7).. 119% Ray Cons Cop... 14% T 224 874 40% 19% 8% 16 73 92 b4k 43 60% 78 484 70% 864 1145 Reading rts.... Reading 18t (2). Replogle Steel Rep Ir & Steel. . Reynolds Sp (1) Rey Tob B (3). Rossla Ins (6)... Roy Duth 4.42% St Josepn Ld (2) StL & San F (5) StLSanF pf (6).. St L Southwest. St L Swn pt (5). Savage Arms. Schulte (8).. Seaboard Air L, 22 Seabd Air Lpf.. 39 Sears-Roebk (68) 162% Seneca Copper. % Shell Trad (2.06) 43% Shell Unlon (1). 274 Shell Un pf (8).. 100% Simmon Co (2).. 83% Simms Pet (60c) 234 Sinclair OMl. . 284 Sinclalr pf (8) 91 Skeliy Ofl. 28% Sloss-Sheff (6).. 85 South Port S (8) 65 South Pao (6).. 104% Southern Ry (5) 81% South Ry pf (5). 85 Spicer Mfg. . 17% Spicer pf (8).... 96 Std Gas & E1 (3) 43% St Ol Calif (2).. 65% StONNJ ). 46% StOIINJ pt (7). 117% Std Plate Glass.. 14% Received by Private Wire Direct to The Star Offic High. 88% 6% 48% 45 364 84la 26% 8615 364 15% 116 28% 5 35% 107% 99% 19 17% 23% 1% 24 837 84% 86% 8% 70 52 24 8% 260 105 0% 74 1034 484 40 100 60 35 854 158% % 6915 107 15% 115 B4 50% Bo'e 83% 122% 129 90% bb% 314 28% 28% 128% 42% % 69% 10% 26% 90 11% 64% 46% 104 9 647 15% 105% 70% T0% 5% 834 19% 48% 2% 113% 74 814 b3% 48% 14% 45% 18% 487% 2% 33% 6% 97% 101 874 14% 69 6% 66 90 31% 70% 25% 141 Low. Close. 87% 6% 48% s 36% 834 26 65'% 25 16% 431" 4 82% 65% 651 119% 16% 8% 22% 87% 40% 20 58% 16% 3 92 57% 4315 6214 8% 48% 0% 884 116 22% 404 162% % 45% 27% 100% 867 28% 24 92 28% 86% 65 105 854% 854 17% 96 43% 66% 46% 117% 14% 3% 6% 48% 45 86% 83% 26% 65% 35 165% 116 C., FRIDAY, JANUARY 30, 1925. RAILROAD AND OIL | [ BONDS s Received by Private Wire Direct to The Star Office. BONDS VERY AGTIVE Merger Talk and Further Ad- vances in Oil Prices Are Special Factors. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, January 30.—Strength and activity in speculative rails, oils, tractions and one or two industrials, monopolized attention In today's bond market The leader of the rails was Inter- national Great Northern adjustmen which ran up 3 points and more on heavy transactions. This gain could be accounted for only on the theory that thero were some special develop- ments pending. Southwestern Ralls Strong. Next in point of strength came the Louis-San Francisco income 65, which gained a point, crossing 79 The adjustment s went above this case exceeding the high point of last year. It may have been sig- nificant also that the same road's Ads were in urgent demand, and within 1% points of their record high for the past 13 months. Probably in this case as well as in that of the International Great Northern the motives back of the buying were other than earnings. M Kansas and Texas adjust- ments, which have been consistently strong for months. made another new high above $6. Speculation was re- newed in the new Denver and Rio Grande Western St. Paul issues were about the only oues in which there was uny weakness displayed The leader of the tractions was the Hudson and Manhattan income bs Today’s gain was over 2 points and a new high. The same company's re- funding 5s. purely an investment is- e, moved up a point under unusu- ally heavy transactions. There was no confirmation of the report that Pennsylvania was interested in ac- quiring the property, but it had ef- fect upon the market. Among the in- dustrials it was International Mer- cantile Marine 6s in which the most conspicuous buying occurred. Selling at 91 today, the quotation is a point higher than the best recorded during the past year. Liberty Loans Quict. Investment issues were quietly firm. Net changes in the United States Gov- ernment bond list were unimportant. Foreign bonds were also steady, but not especially active. Brazil 8s were wel 1 supported around their recent high. Today’s new offerings included §4,000,000 Pacific Lighting Corporation secured §s, due 1940, at par, SHORT-TERM sr.cm{nn:s (Quotations furnished by Redmond & Co.) —Noop. Bid. 107 10115 Ly souri Sugar 6x 1937 Tel. & Tel. fa ig Copper fs 1929 rican 011 Aseoctated Ol 6s altimore & Ohio 6 Rell Tel. of Canads 58 1825 ity of Lyons Columbia ¢ Continen Du_ Pont Tlps 1881 deral Sugar Ref ‘orp. of Pa 01l Blas el Pure 011 5 Swift & Co. bs 1 Tidewater OIl 6l Unlon Tank Car 7s 1630, U 1930 Wesiern Union 614e 1836 i Westioghouse E. & M. 10835 Fisher Body Corp. 68 1927 called for pay- ment February 1, 1025, at 101%. Fisner Body Corp. fu 1028, Called for pay- meat February 1, 1925, at 102 . Chinese and Japanese prefer high class ornamental and fancy clocks in preference to the lower priced plain ones Stew Warner (5 Stromberg (6) .. Studebaker (4). Supertor Ofl.... Submarine Boat Symington. . Symington (A). Telautograph. . Tennessee Coppe Texas Co (3)... Tex G Sul (17%) Tex & Pacific.... Tex & PacC &0 Third Avenue. .. Tide Wat Oil (4) Timken (13%).. Tobac Prod (8). Tobac Prod A (7 Transcont Ol. .. Transu & W (3) Twin City (4)... Un Bag & Paper Union Of1 (1.80) Un Pacific (10). Un Pac pf (4)... Utd Alloy St Utd Clgar (13%) United Drug (6) Utd Drug 1st 3% Utd Fruit (10).. Utd Ry Invest Utd Ry Inves pf. U'S Cast Iron P. U S Distributing U S Hoft (50c) U S Ind Alcohol. U S Realty (8). . U S Realty pf (7) U S Rubber..... U S Rub 1st (8). U S Smeltng. U S Steel (17). U S Steel pf (7). Universal Pipe. . Univer P pf (7). Utah Securities. Vanadium...... Va-Caro Chem.. Va-Caro Ch pf.. Vivadou. Wabash. ‘Wabash pf A. ‘Wabash pf B waldor (1%).. Webber & H (1) Wells-Fargo. . .. West Pen pf (7). West Ble pf (7). ‘West Maryland. Western Pacific. West Pacof (6). Weat Union (7). West Air Br (8). Westinghse (4) Weston Elec. Weston Elec Wheel & L Erfe. White Eagle (71 White Mot (4).. Wickwire Spen. Wickwire Sp rt ‘Wickwire pf rts. wilson & Co.... Wilson & Co pf. Willys-Overlan¢ Wills-Over pf Woolworth /31, 116 Worthington... 63 Worthington A ¢ 85 Worthington B ¢ 71% Wright Aero (1) 17% Wrigley (3).... 49 Yellow Cab..... 39% 89% 893 Partly extra. Payable in prere; Dl!mnfl, Tates a8 ?{ll 1o tl lm .& are the anoual cas nts based on the B e e e o B @ividends are Dot incladed. b 7% 514 31% 61% 40 4% 149% 4% 80 63% 114 52 218 20 53% 179 85% 24% 9% 125% 126 4% 94 34% . 1264 124% 39% 6% 60 27% 3 12% 10% 21 68 424 1% 18 12% 96 115 154 B4 20 120% 105 2% 13 22 15 30% % b3 3 8% T% 80% 4 n " 8% T4 28% 104 Tah 114% 116% 627 65% 8 8 1% T1% 17% 17% 49 49y UNITED STATES BONDS. sal Lib3%s... Lib1st4%s 11 102 Lib 2d 4% Lib3d 4% Lib4dys. US4ys's2 282 102 Low. are in $1.000.) ales. High. 98 101 18 10116 10118 Close. 10129 102 223 1015 1012 1015 59 10117 10116 10117 101 80 101 31 US451944. 105 100 26 100 24 100 26 FOREIGN. Open. Argentine 6s A.. Argentine 6s B. Argentine 7 Austria 7a Bank of Japan Belgium €5 wi. Belgium 6%4a wi. . Belglum 745 Belgium 8 ordeaux 6s. Brazil 7s Brazil 8s Canada 5 Canada 5 1931 Canada e 1952 Cannda 5%s 1929, Chile 7x 194 Chi Chiness Gov Ry & Christiania Ss. Con Pow Japan 7 Cuba 5% zacho Rg 1051 zecho %a 1952 ot Danfsh Munic 8s A Danish Munic 8s B Denmark fa. ... 52, 71 65%8 Nov '53 Dutch Fast T 6847 Dutch East T 6a ‘82 ¥1Salvador %s 4% Finland n f 6e 1945 ramarican Ti4s French Tam Pranch Govt 7 French Govet fs, Germany Ta w1 Ger Gen Elac 7. Greek Tawi, Haftl 6 Holland-Ama; Huneary G14s Tapanese 4x Tananese flin. Tergens U M 6s 47 T.vons fs_ ... Marseills fn. 18 34 AT 13 4 24 18 Mexico 4n "04 asnte 2 Mexico fa ageentad Netherlands 6 '54 Netherlands fs '72 Montevidao Ta. ... Norway fx 1947, Norway in 1944, . Norway 6s 1952, Norwav fa........ Orient Dev doh &n Paris-Ty's-Med Paris-Tyv'a-Med 7n Parte Orlaans Ta. Porto Aleere Ss. .. Prague Ti4s. Oueensland 6. .. Rin de Tan 831944, Rioda Tan %p 1947. Rio Gr Do Sul 8 Sao Paulo City Seine Dent of 7s. . Serhs Cr'teq Slo 88 Sol-zone fe. . Sweden Fign ct Swies 5345 1946 Td Kingm 5% 29, 17d Kingm 5% 817 Ud Steam Copen 6 8 6 82 32 High. 5% 95% 102% 9Tih 9% 87% 8% 109% 1074% 9314 R4ly 17 104 30 104 30 104 30 Tow. Close. 95 95 102 96% 99% 874 93% 108% 107% 93 RA% 83 96% 101 102 102% 103 100% 5 107% RT% a4l 028, 103% 95 Py a6% ass 905 ~5% 4 201 10114 1167 106% 944 MISCELLANEOUS. Afax Rubber 8s. .. Am Agr Chem Tls Am Chain s f 6533 Am Repub deb 6 Am Smlt & R 1st Be Am Sug ref 6s. AmT& Teltrés.. Am T& T el tris Am. T & T.SF 3 17 s 12 Am T & Tdeb 5% 1f AmT& Tcv fs Am Water Wks 58 Am Writ Paper 63. Anaconda 1st 6s. . Anaconda cv db 7s 1 Ande, 5% pd. Armour & Co 4%s. Armour of Del 5% Associated Oil 6s Atlantic Refin 5 Barnsdall s £ 8s. Bell Tel Pa 5a. Beth Steel pm b8 Beth Steel 5%8'53 Beth Steel s { 68.... Bklyn Ed gen 5 Bklyn Union G s. Bush T Bldg 58 '8 Calif Pete 6% Can Gen Elleb 6 Central Leather 58 Chile Copper 68 Cin G E5%s '62. Col Gas & El bs Col Gs & El 58 Commonwth Con Coal 3d 1st Consumers Pow Cuba Cane cv 7t "3t Cuba Cane cv d 8s. Denver Gas bs.... Det Edlson 63 '40 Du Pont de N 7% Duguesne Light 68 Est Cuba Suk 7% Emplre G&F 7 Feder Metls 78 '39. Fisk Rubber 8s Gen Elec deb 3. Goodrich 6%s Goodyear 8s 1931 Goodyear 8s 1941 Hershey 63 1942. Humble O&R 5% Illinols Bell 1st 6 Illinois Steel 41s. Int Mer Marin Inter Paper 58 '47. KCP & Lt 58 A '52. Kan G & El 68 52 Kelly-Spring 8 Lackawa S 6350 Liggett & Myrs 6 Lorillard (P) 5s. Magma Cop cv Ts.. Manati Sug st 7%s Marland Oil 8s '31. Midvale Steel b Montana Pow 5i Mor's&Co 18t 4% New Eng Tel 68 N Y Eden 1st 6% NYG EL H&P 4 NYG EL H&P 5 N Y Tel 4%s. Nor Ohio T&L 6 Nor States Pow b Nor States Pow 6s. Northwst B Tol 7 s Steel 88 Pacific Gas & Bi 3 Pac T & T 1st 5 pan-American Phila Co 5%s'38. Phila Co ref 68 A Plerce-Arrow Producers&R §s W Public Service 6s. . Ppublic Service 6 8. Punta Alegre 7 Saks & Cosf Sharon St1 H Sinclair Oll 6s. Sinclatr Oll 8% Sinclair Ol 78 Sin Crude Ol 5%s. Sin Crude O11 61 20 7 9 .19 5 4 7 > 11 143 13 3 1 13 Brvwblvaoli-coans P T ] Greo ales opBEEeeBansnman . @ Ga~ 5 10 95% 100% aT% a6t 6% 102 967, 1004 9514 101% 1284 04 47% 100% 103 1005 87 92 102% 981y 104% 101% 9213 88 957 99% 101 95% 103 107% 100% 110% 100% 100% 100% 995, 881y 93 9b% 101 931 100% 1084 105% 104% 100% 1044 1104 102 102% 108% 119% 1037 100% 97% 93% Sinc Crude 6s wi.. 25 99% n Pipe Line 6s... g:!elly 0il 6% South Bell Tel &8 So Por Rico Sug Southwest Bell 5t Steel & Tube 78 T Toledo Edn 1st United Drug 6s. Va-Car Ch 7%s sw Vertientes Sug 7s. Warner Sug 7a°39. 36 52 16 5 4 844 92'% 8% a5% 95% o5 102 97% 99% 87% 937 108% 107% 935" R4 RA% Sales. Warner Sug 7s '41. 6 West Elecbs...... 15 West'n Unlon 6%s 4 Westinghouso 7s.. 17 Wickwire Spen 7s. 2 Willys-Ov 6% o' 8 Wilson & Co 13 Wilson & Cocv 6s. 15 Wilson&Ccv 7%a. 9 Winchester A 73%s 18 Youngstn S&T 6s. 26 High. Low. Close. Wo% 9ov 95% 98% 98% 98% 111% 111 1114 108% 108 108% 85 Bd% 85 100 100 100 98w ude 93% 69 68% 68% 66 65 66 102 101% 974% % RAILROADS. Atchison Gen 4s Atlantic C Ll 4s. . Atlan C L 418 '64 Atlantic C L 1st 48 Atlantlc C. L. 7s. 1 B & O gold 4s. 14 40 11 36 29 19 & O Toledo 4s. 1 &O0PLEWV 4s. 1 B&OSW div3te. 16 Bklyn-Manhat 6s. 137 Buff R & Pitt 414s. 13 Canad North 6% Canada North T 8 Canada Pac deb 4s 36 Car Clinch & O%s. 1 Car Clinch & O 6 Cent of Ga 6%s. Cent of Ga 6s Central Pacifi, Ches & Ocv 414 Ches O en 414 Ches & Ohlo cv 5 .14 Balto & O 1st b; B&OGs... ... B B B Chi& Alton 3%s. . 3 Chi B&Q gn 45 '58. Chi B&Q Ist rf 6s.. 13 CB&Q-1lldivis. 3 Chi & E1gn bs....120 ChlGreat Weat 43, 82 ChIM & St P ds‘25 a1 CM&StPdb4s. 16 Chi M&St Pov 414y CM&StPendys 1| Chi M&St Prf4s 9§ Chi M& St Pevss. 11 ChiM&StP 6s... 9 C&NW gends... 11 Chi &N Wref 6s.. 16 Chi & N Chi & N ChiRyess. ... ChiRT& Pre4s ChITH&SE 5a Chi Un Sta 41;s. Chi& W Inccn 4s. 65 CCC&StLbs..... § CCC&StLrf6aA. 10 Cleve Tarm 5s w 1. 46 C. & S. 1st 4=, ‘29 10 Colo & Sou 4%s. Cuba R R b Cuba R R 7is. Del & Hda 1st rf 4a. Del-Hrd cv 65 '35 Del & Hudson 5% Den & Rin G cn 4s. D & Rio G imp 58 D & Rin G Wxt bs. Des M & Ft D 4s Det United 41 Erie 1st cons 4s. Erie gen 48 Erle conv 4s 4 Erle conv 4s B. Erie conv 4s D Erfe & Jersey 6s Erie Genessee R 65 1 Gr Trunk sf db 6s. Grand Trunk 7s. .. Great North 5 Gr Gr North gen 7 Green B& W Havana ERL&P 5s 97 Hud & Man ref 5s. 101 Hud & Man aj 55.. 164 111 Cent ref 58'55.. 7 Il Central 5%s... 13 11l C-C St L&NO §s Int Rap Tran 5s. .. Int Rap Tr 5s stpd Int Rap Tran 68 Int Rap Tran 7s. |7 10 20 | Int & G Nor 1st 6s. or af 6s. lowa Cent st 58 Kan City Ft S 4 Kansas City § 3 Kansas City S 5s Lake Shore 4s'28. Lake Shore 45°31.. Lehigh Val cn 4s Louts & N uni 4s Louis & Nash 7s Manhat Ry cn Market St Ry 7 Mil El Ry & L 58 M StP & SSMcn 48 M StP & SSM cn 58 M StP & SSM 5% M StP & SSM 6% MK & T 1st 4s. MEK&T4sB MK & T adf 58 MEK&TprinssA 57 MK&T6sC...... Mo Pacific 53'65. Mo Pacific 6 Montr] Tm 1. New Or Term 4 N O Tex & M in 5s. NOTex & M58 B.. 1 NO Tex & M 53w, N Y Cen gen 3% N Y Centcnds” N Y Cent deb 43 N Y Centribs.... N Y Cent deb 6s. N YCenLScl3ks. NY Chi & St L5%s NYC&StL6sA New Hav d 48 '67 New Hav cd 6 New Haven T New Haven 78 fr. NY,Ont, Ws 1st ds New York Ry fr 4s NY W & Bos 4%s. N Y State Ry 4%s. Norfolk & W cn 48 Northern Pac 3s... Northern Pac 41 Northern Pac 5s D Northern Pacr | 68 Ore & Calif 1st 58 Ore Short Liref 4 Ore Sht L cn bs '46. Ore-Wash 1st rf 48 vl con 4%s.. Pennsyl gen 43s. Pennsyl gen §s.... Penn. 5s. 64. Pennsyl 6% Pennsyl gold 7s Peorla & E Inc 43 Pere Mrq 1st 4356 Pere Mara ist 58 Por RL & P 68 '47. Reading gen 48 Reading gn 4%3. Rio G West 1st 4s. Rio G West cl 4 RIATk & L4%s St L IM&S 4s°29.. St LIM&S R&G 48.100 StL&SFpl4sA.. 52 Soo o [ PRCET = P e = =) St L8 W con 48’32 St P & KCShL 4%8 St P Un Dep 6%8. San & & Arn P 4s. Seab'd A Li4s sta. Seab’d A Liref 4s. Seab'd A Lad] Seab'd A L con Sou Pacific 4s ‘29 Sou Pacific ref 4s... Southern Ry gn 4s Southern Ry 1st 58 Southern Ry 3 Southern RY Sou Ry Mobile 4s.. Term Asso St L 4s. Texas & Pac 1st 53 Third Ave ref 4 Third Ave adj 5s Union Pac 1st 48 Union Pac 1st rf 43 Union Pac 4s '27 Union Pac cv 6; Virginia Ry st 5s.. Va Ry & P lst b8, Wabash 1st b Wabash 2d 58 Western Md 4s West Shore 18t 4 Wheel & L E cn 4 Whel & LErfd%s 5 Wisconsin Cent 4s. 32 91 99 76 83% 94 1004 116% 75% 94% 10275 564 B8% 99% 98 68 50 61 88% FINANCIAL, SETBAGK INWHEAT ON EXPORTREPORT Argentina and Australia Are Increasing Shipments. Corn Prices Firm. By the Associated Press CHICAGO, January 30.—Reports of greatly enlarged shipments of wheat from Australia and Argentina led to an early setback In wheat prices to- day. Australian shipments this week were figured as nearly double those of the week before. Heavy profit- taking sales here resulted, and spec- ulative offerings also broadened out ith buyers much less aggressive than has been the rule of late. The opening, vhich ranged from 7% decline to % 3 to 204 and . was followed by a gen “line in which May drop- ped to . but later rallied. Corn and oats were relatively firm and at times rose well above vester- day’'s finish This was attributed partly to transfer of considerable speculative Buying from wheat to feed grain, owlng to less severe margin requirements than in wheat. After opening at 8% decline to % ad- vance, May 1.35% to 1.85%, cérn un- derwent a moderate sag all around and then scored gaine. Oats started at 1§ off to 63 to 63% down somewhat fractional advance. Provisions wers responsive to the upward tendency of corn values and of hogs. WHEAT— ¢ May . 2 Taly ooorne Septomber CoRN up. May Later the market eased and then made a May Foly Ziseecs September OATS July 7% September RYE Maz September - PiRD" January May LIVERPOOL CABLES SEND COTTON OFF | Quotations Later Rally on Weather Reports and Advices on Spot.. By the Associated Press NEW YORK, January 30.—The cot- ton market opened barely steady to- {day at a decline of 11 to 14 points | under liquidation promoted by easy Liverpool cables and belfef that the technical position had eased on the recent advance, May Sold off to 23.87 and July to 24.12 at the start, but the decline seemed to bring in some trade and commission house buying. This ab- sorbed early offerings and the mar- { ket later rallied on complaints of continued dry weather in Texas and bullish southern spot advice. May £old up to 24.03, or about 16 points from the lowest and active months ruled a point or two above vester- day's closing at the end of the first { hour. | New Orleans Quot NEW ORLEANS, January 30.—The | cotton market opened easier on lower | Liverpool cables than due. Prices ion: 4! rallied a few points from the lows, | but trading continued light. Fall | River reported sales. for the week of 150,000 pieces of print cloths. FLOUR JUMPS TO $11.65 PER BARREL IN CHICAGO Special Dispatch to The Star. CHICAGO, January 30.—On the { wheat advance flour jumped 30 cents a barrel here, from $11.35 to $1L§: for better grades sold to grocers. Smaller bakers are being forced to meet the advancing flour prices with slight bread price advan FAVORS BIG BOND ISSUE. North Carolina Governor Puts Amount at $25.600.000. By the Assoctated Pre RALEIGH, N. C.. January 30— Definite recommendations of bond tssues totaling $25.500.000 was made by Gov. Angus W. McLean today in his second address to the General Assembly. The Governor came out firmly against a bond Issue of $3 000,000 for roads, stating that he was convinced $20,000,000 for this pur- pose would be in the best Interests of the State, and that in the program which he outlined for the highway commission he had the backing of Frank Page, chairman of the com- mission. ITALIAN LIRE RECOVER. | Dispatch to The Star. W YORK, January 30.—Sterling was off & fraction. Italian lira above 4.15, compared with last week's low of 4.09% and last week's high of 4.16%. In other words, the market for Italian exchange had made a pretty full recovery of the ground lost while the cables were talking about an international campaign of depression aimed to embarrass the present government. Specit FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal Selling checks gold value. G London, pound.. ..34.8665 Montreal, dollar 1.00 Paris; franc E Brussels. franc. Berlin, mark Rome,’ lira. Zurich, fran Athens, drachma.... Madrid, peseta Vienoa, crown. Budapest, crown. .. . Prague, crown. Warsaw, zloty. Copenhiagen, crown. Christiania,’ crown. Stockholm,” crown. - By the Associated Press. NEW YORK, January 30.—Foreign exchanges steady. Quotations (in United = States dollars) — Great Britain, demand, 4.70%4; cables, 4.79%; 60-day Dbills on banks, 4.79. France, demand, .0541%; cables, .0642. TItaly, demand, .0415%; cable: .0416%. Belglum, demand, .0517% .0518. Germany, .2380: Hol- .4028; Norway, : Sweden, Denmark, .1785; Switzerland, Spain, .1433; Greece, . Poland, -19%; Czechoslovakia, .0297% Jugoslavia, #163 ustria, .000014 % Rumania, .0052%; Argentina, .40: Brazil, .1137; Tokio, .38 9-1 real, .99 15-16. TREASURY CERTIFICATES. (Quotations furalshed by Redmant & Co) Bid. “Oter. 10034 100932 T 1008 001135 99 1516 100 163 . 101752 101 516 4208 Marcn 15, 1026, 101% 101 1582 13- September’ 15, 193.. 100% 101 4s March 15, 1925. 4%s March 15, 1925 4%4s June 15, 1825, 1925, €%e March 15, 1627. 1017 102 €38 December’ 15, 1927... 101 102 LOCAL EXCHANGE © - ES INCREASED Slightly Higher Commission Fees Go Into Effect Next Week—Notes. BY CHAS. P. SHAEFFER. A revised commission chart, carr ing with it a slight increase in for executing orders on the Wasl ington Stock Exchange, will becon effective on February 1, 1325, The Present schedule has been in effect since August 19, 1921, The new schedule’s major chang will affect commissions on sto transactions where the market va ranges from $10 to $100 per st Stocks selling at $10 a share & above, but under $30, will be tax at the rate of 15 cents a shure, w those sellizg at $50 a share & above, but under $100, will be t at the rate of cents per share Under the old schedule stoc Ing at £10 and under were 73 cents a share including $25, at a share, over $100, at the rate of 25 cents and over $100 at the rate of 50 c ghare. The new schedule, in its entirety, follows: over $10 up to : the rate of 15 cent s per Bonds. cents per §I 25 cents per §100 Government all other bonds, Stocks. Under 50 cents a share er per share; at 50 cents a share : above, but under $1, s pe share; at $1 a sharc and above, b under 35, 5 cents per share; at $§5 share and above, but under $10, cents per share, are and above, 5 nts pe and above, bu under $100, per share $100 a share and above, but u $200, 50 cents per share; at $200 share and above, per cent of amount of transactio ns on rights shall same as those fixed for stocks. Fractlonal sha Less than 25 cents each transaction nd over, 50 cents each t Minimum charge of $1 single transaction exc tractional shares December Phone Report. fncrease of approxima operating revenues an increase of about $56,000 in ope ating expenses. resulted in a decreas of more than §31.000 in net income of the Chesapeake & Potomac Teleph Co. for December. 3 with the corresponding month of t previous year. Statement the Publ be 1 of earnings filed Utilities Commi, day reveals a net for the mont $71.160, as against §10: ber, 1923, and with 1924 rue amounted penses aggrega ed $34,10. Net additlons to plant and equ 1€ added during $1.490.878, w retirer Bank Stock at Stock of the Bank reached vears on the change today, five shares 152. This figure represents a of 7 points over the pi National Mortgage preferred L Traders concentrated on the ment side of the . where ing was well d levels. Fotoma to the extent of $6, of this company being unchanged 9. Gas 6s of 1933 brought 103%. wit Raflway refunding 6s selling and a half, and par and thr 3 Rallway 4s were unchanged at Exchange Head Back Hom: Eugene E. Thompson, presiden the Washington Stock Exchan turned to the city this mo: ng helping inaugurate Florida's ne coast-to-coast Seaboard Air Line rafl# way last Saturday. Mr. Thompson was delayed on his return about two day occasioned by Georgia floods, whi rendered useless many miles of track age. at Packard Pays Dividend. Directors of the Packard Motor (ar Company have declared the re; quarterly dividend of 1% per o the preferred stock of the cor payable March 14 to stock of February 28, STOCKS EX-DIVIDEND. Date.—Corporation Per shure 30—A. Top. & 5. F. By. Copf.... . 30_Calumet & Hecla . Cop. Co.. 1_Am. R Do . 81—Conn. 1— Do, 81—Corn E: National Biscutt Co........... Norfolk & W. R. Co. adj. pf.. Pullman €0............... 2 arner Speedometer Co 1 Ger Gt (war loan) 5s 1014.18 185 Hamburg 4138 1919 : Ger Gt 4.3s (forced ioan) Ger Gt §-13s 1823 (sm pieces) 70 (Quoted in dollars per thousand marks.) Ger Gen Elec 4145 pre-wa Ger Gen Elec 4138 1919 Rerlin 4s pre-war... e be 35, 3138 & 48 prew burg Amer Live 414s Krupp Os 1921..... Dusseldort 4x pre-war. ... . Frankfort a-M 4s pre-war Corpora- tion. Amer Metals ... do pf Mar 5 Consol 5 Mar 18 & pi Celluold o i Ele"' &)( it seman Maguneto Fe K:‘lfle (SA) . x 3 orr Stock o recard Feh 18 Feb 13 Feb 11 Jun 31 Feb 14 Jas 10 Mar 19 Mar 15 Mar 19 Feb 23 Feb 16 leo o Metropolitan Ry . National Grocer .. Niagara Falls Pow do pt ... Pacific Lt Cor doipl s Packard ‘Mot pt. PennObio P & L Dhiacs e do 7% pf. Ryan Car Co Sagarnne Mfg United Ul pt. LIVE POULTRY HIGHER. CHICAGO, January 30.—Poultry, alive, higher; fowls, 24a28; Springs, 25: roosters, 1; ducks, 30a31; geese,