Evening Star Newspaper, February 15, 1925, Page 88

1924 — High, Low. 64 93% 16% 61 3% 6 28% 1925 — High. Low. Rate. 67 1081 62 91 3 i 1 -mq.n..' an Div. 4 6 3 65 "FINANCIAL. ‘Woek endink February 14, 105, Net. - Obge. Abitibi_Power & Paper. Adams Express. . Advance Rumley. Advance Rumley pf. Alr Reduction £3Jax Rubber. Alaska Juneau. Allled Chemical & Dy Aliied Chemical & Dye p! Allis-Chalmers Mfg. Allis-Chalmers Mfg pf. Am Agriculture Chemical . Am Agriculture Chemical pf American Bank Note. American Bank Note pf. Amerlcan Beet Sugar. . American Beet Sugar pf. . American Bosch Magneto. ‘Am Brake S & Foundry American Can. American Can pf. American Car & F American Car & Fdy pf. Am Chain Class A Amerlcan Chicle. ... American Chicle ctfs Am Druggist Syndicate American Express. .. Am & Foreign Power..... Am & Foreign Power pf. .. Am & Foreign Power 26%. Am Hide & Leather pf. American fc: American Ice pf American Ir .-umxnmn ‘Amer:can Radiator Amurhan T — Am Ship & Commerce American Smelting & Re Am Smelt & Refining pf. American Snuff. ‘American Steel Foundry. . ‘American Steel Fdy pf. American Sugar Refining. ‘Am Sugar Refining pf. Am Surmatra Tobacco. ‘Am Sumatra Tobacco pf. . Am Telephone & Cable. Am Telephone & Teleg. Amer Tob new). Amer Tob B (new). Amer Tob pfd. ... Amer Type Foudries. Amer Water Wk: Am Water W & & American Woolexn. American Woolen pt. ‘Am Writing Paper pf. American Zi American Anaconda CDDWI’ Ann Arbor Ann Arbor pf.. Archer Dan Mi Archer Dan Midland ‘pt. Armour & Co 7% Arnold Constable L Co. Asso Dry Goods Assoclated Dry Goods 1st. Assou ed Oil (new).. ‘Atchison, Topeka & 8 Fe. ‘Atchison Topeka & S Fe pt Atlanta, Birmingham & At. . Atlantic Coa. — Atlantic Gu Atiantic Gulf & W I pt. Atlantic Refining. Atlantic Refining pf. Atlas Powder.... Atlas Tack Austin Nichol Auto Knitter Hosiery ‘Auto Sales Auto Sales pf Baldwin Locomotivi Baldwin Locomotive pf. Boltimore & Ohlo. . Enltimore & Ohlo pf. Bangor & Aroostock. Barnsdall, Class A. Barnsdall, Class B. Bayuk Bros. Bayuk Bros 1st pf. Beechnut Packing. Bethlehem Steel. Bethlehem Steel pf new. Bethlehem Steel, 8% pf. Booth: Fisheries Briggs Mfg. .. British Empire § British Empire Steel 2: Brooklyn Edison Electric. Brooklyn-Man Transit Brooklyn-Man Transit pf. Brooklyn Unior: Gas. Brown Shoes. . . Brown Shoe pf. Brunswick-Balki Burns Brothers. Burns Brothers Class B Burns Bros. pf Burroughs Adding Ma. Butte Copper & Zinc. Butte & Superior. Butterick Compan: Caado Central Oil California Packing. . California Petrofbum California Petroleum pf. Callahan Zinc & Lead Calumet & Arizona. Calumet & Hecla. . 2 Canada Southern odd lot. Canadian Pacific. .. . . Case (J I) Thresh Mach. . Case Threshing Mach pt. Central Leather Co. . Central Leather Co pf. Central Raflroad of N J. Century Ribbon Mills Cerro de Pdxco Copper. — Certain-Teed Product: Certainteed 2d pf Chandler Motor Chesapeake & Ol 4 Chesapeake & Ohio pf. o] oaa| | | ‘Nav & b .‘.‘ REEL Chicago & Alton. . . Chicago & Alton pf. Chicago & East Iilinois Chi & Eastern Iilinols pf hicago & Great Western Chicago & Northwestern Chicago & Northwest pf. Chicago Pneumatic Tool. Chicago, R 1 & Pacific. Chi, R1& Pacific 6%. Chicago R I & Pacific 7 Chicago, St Paul Min & O Chic St Paul M & O pf. 4 Chile Copper Chino Coppe Clev., Cin.. Cl' Cluett-Peabody . . Cluett-Peabody pf. Coca-Cola. .. ...... Colorado Fuel & Iron Colorado Southern. . Colorado Southern 1st pf. Colo & Southern 2d pfd Columbia Gas (new) . Columbla Gas & Elec pf Columbia Carbon 215 Cemmercial Invest Trrus 1 @ Saa & | il Commercial Soivents, A. Commercial Solvents, B. Congoleum-Nairn Conley Tin Foil. . Consolidated Cigar. Consolldated Cigar pf. Consolidated Distributors. Consolidated Gas new. Consolfdated Textile. Continental Can. .. Continental Insurance. . Continerital Motors. . Corn Products Rafining. Corn Products Ref pf. Cosden Company . . Cosden Company pf. Crex Carpet. . Crucible Steel Crucible Steel pf. Cuban-American Cuban-American Sugar | Cuba Can Sugar. .. . Cuba Cane Sugar pf. Cuban-Dominican Sugar. Cuba-Dominican Sugar pr Cuban Railway pf. Cushman’s Sons (3). Cuyamel Fruit. Daniel Boone Mills Davison Chemical. Deere & Copf... Delaware & Hudson. Delaware, Lacka & West. . Den, Rio Gr. & West pf Detroit Edison. Diamond Matc! Dome Mines. Douglas & Pectin ++|++l+|++++1+|++ @ i o 33 +4 s PR LRI+ LI++&F1+1 + PILl++4+ 4+ 4144 4040101011 - - I 11+ EEEE 1 IrMe$q (AEESARE SNE SN (e - PO %) 190 s A el U 0 T S0 19444+ i +1 ¥ L * 01+ 0+00 0 tHbt ] LI R o High. 142 1886~ —1085-— Dir. Tow. Cow. m; Lew. Rate. % 134% 8 l 107!‘ 94 105 » wmaaa u§|¢qm-t| ! ’..q[-.w 6 — FEaton Axle & Spring. [|na®n | | I 3 al.:qem'?:z-lxul [ om0 ] | 3 ™ 3 ‘Week sndink February 14, 1085, Net. High. Olose. Du Pont de Nemours. . l‘:"% 149 Du Pont de Nem 6% deb. Dugquesne Light 1st pf. Electric Storage Batti Emerson-Brantingham pf. Endicott-Johson. . . Endicott-Johnson pf ... . Erle Raliroad. ... Erle Railroad 1st pf. Erie Railroad 2d pf. Exchange Buffet. Fairbanks, Morse & Co. Famous Players-Lasky. .. Famous Play-Laskey pf. . Federal Light & Traction Federal Mining & Smelt'. Federal Mining & Smelt pf Fldelity-Phoenix Fire Ins ¥ifth Avenue Bus Fisher Body (new).. Fisner Body of Ohio pf Rubber Fisk Rubber 1st pf. . Fleishmann Company. Foundation Company Franklin Simon pf. “reeport-Texas. Gardner Motor. . - General American Tank. General Asphalt Genera! Asphalt pf. General Clgar General Ciga ieneral Motors 6% deb. . Gen Motors (7) pf ieneral Petroleum General Refractories Ginter Company Glidden Company Goodrich (BF) Company. Gooarich (BF) Copf. Goodyear Tire & Rubber pt Goodyear Tire & Rub pr pf.. 1 Granby Consolidated. . Gray & Davt; Great Northern pf. Great Northern Ore ctf, Great Western Sugar. Great Western Sugar pi Greene Cananea Copper. Guantanamo Sugar Gulf, Mobile & Northi Gulf, Mobile & Northern pt Gulf 'States Steel. ... Hanna (M. A.) 1 Hayes Wheel. . Hayes Wheel pf... 16.76Helme Geo W... [ go]=emoe] 13- e [o] || eune] San 3 zl“‘l‘ll“lll’l“!“llla = o aman|n [ end - @ S E“Il[“lllll? [5lislae=] Seew ax M (=} e =3 Hoe Company ... Homestake Mining Household Products. . .. Houston Oll....... Hudson Manhattan Hudson Man pfd Hudson Motor Car. Hupmobile Motor Ca: Tllinols Central. ... Independent Oil & Gas. Indian Motorcycle. Indian Refining. Ingersoll-Rand Inland Steel. . Inspiration Copper. Interboro Rapid Transit. Intern Agriculture.. Internat’l Bus Machine: International Cement. Internat'l Comb Engl; International Har, new. Inter Harv pf (new) Inter Mercantile M Int Mercantile Marine pi International Nickel. International Nickel p International Paper. . Inter Paper pf stamped. Int Rys of Cent Am. Intern Salt... International Shoe. Inter Telephone & Tele; Intertype Corporation. Iron Producte...... Jewel Tea. .. Jewel Tea pf. Jones Bros Tea. Jones & Laughlin pf. Jordan Motors. .. Kansas & Gulf Kan City Po » Kansas Clty Southern. Kelly Springfd Tire 1st pf. Kelsey Wheel Kennecott Copper-. .. Keystone Tire & Rubber. Kuppenheimer. Kuppenheimer pf. Lehigh Valley . Liggett & Myers Liggett & Myers (B). Liggett & Myers pt. Lima Locomotive. Loew's, Incorporated Loft, Incorporated. Long-Bell Lumber A. Loose-Wiles Biscuit. Loose-Wiles Bis 1st pf. 1 Loose-Wiles Biscuit 2d pf. Lorillard, P...... P Lorillard (P) Copf. Louisiana Oil. . Louisville & Nashville Ludlum Steel. McCrory Store: Mclntyre Porcupine Mackay Cos pf. Mack Trucks. Macks Trucks 2d pfd Mack Trucks 1st pf Mack Truck 2d pf. Macy.(R H) & Co. Magma Copper. Mallinson & Co. Mallinson & Co pf. Manati Sugar. .. Manati Sugar pf. Manhattan Elec Supply. Manhattan Elevated. Manhattan Eievated gtd Manhattan Shir Manila Electr; Maracaibo Oil Maxwell Motor, Clags A. Maxwell Motor, Class B. May Department Stores. Metro Goldwyn Pic pfd. Mexican Seaboard. Mlami Copper. Middle States O Midland StI Pr pfd (8). Minneapolis & St L new . Minneapolis StP & SSM M St P &S S M leased line. Mo Kan & Texas new. . Mo Kan & Texas pf new . Missour: Pacific. Montgomery Ward Moon Motors. ... Morris & Essex odd lot Mother Lode Coaiition. Mullins Body. . Nash Motors pf National Acme. Nat Dept Stores 1st pf. National Distillers pf Nat Enamel & Stamping. Nat Enam & Stamp pf. National Lead. .. National Lead pf. . Nat Rwys of Mex 2d pf. National Supply..... Nat Supply pf. . 96% mc 310‘ 114% 13 LTI+t i+ I+ I+ +4 +4+ POLRIE b 4+ i ++ 00+l +++++ 00 P00+ 040004000 +81HI+I+ 10T+ +110 1+1+1 1+ I+44+t i+l 1T 11144 FELP R E++ i1 Ll I+t I+ 1+ + I+ L+ I+ 1+ I+ EYT e L1+t LS ZANELT IR SR L ENE B 4} 4 High. 176 32 27% 20 57% 29 26% 132% 48% 48 % 10% 8 - sisFeress T8 wFSEE &F SERERER Tl Low. Rate. 161% 6 New York & Harlem. 29% —— New York, N H & Hart... N Y, Ontario & Western. New York Shipbuilding. Nigara Falls Niagara Fls Pwr pt ( %) Norfolk Southern. . . Northfolk & Western. North American. North American pf. Northern Pacific. Nunnally & Co. Ontario Silver Mining... Onyx Hosiery Onyx Hosiery pf. Orpheum Circuit. . .. Otis Elevator (new) Otis Elevator pt Otis Steel . Otis Steel p! Owens Bottle. . Pacific Coast. . Pacific Coast 2d pf Pacific Gas & Electric. a2 =3 [#] [#] = Pacific Tele & Telg . .50 Packard Motor Car. Packard Motor Car pf. Pan-American Pet Trans Pan-Am P Trans Class B. Panhandle. . i Panhandle pf. Park & Tilford. Parish & Bing stamped Penna Coal & Coke. . . Pennsylvania Railroad Penn Seaboard Steel . People's Gas, Chicago. Pere Marquette. . Pere Marquette pf. Pero Marquette pr p: Philadelphia Company Philadelphia Co pf. . Phila & Reading C &1. Phil & Read C & I ctfs Philip Morris & Co. Phillips-Jones. ... . Phillips Petroleum PhoenixHosiery . Plerce-Arrow. . Pierce-Arrow pf. 8 Plerce-Arrow prior pf. Plerce Oll Plerce Ofl Pierce Petrole Pittsburgh Coal. Pitteburgh Coal pf. Pitts, FtW & Chi odd lot Pittsburgh Steel pf. . Pittsburgh Ter Coal. .20 Pittsburgh Utilities pt .20 Pittsburgh Utllites ctfs Pittsburgh & W Virginia Postum Cereal. . Pressed Steel Car. Pressed Steel Car pf. Producers & Refiners. . . Public Service new lwuH-||1~mwmwwuim-m & o Punta Ale[re gar. m.-vkua-{-al.l ¥ o Corp of Ameflc!.. Radio Corp. of Am. pfd... Railway Steel Springs. . Rail'y Steel Spring pf Rand Mines. Ray Consolidated Copper. RPN ) < Reading 1st pf. . Reading 2d pf. Remington Typewriter. Remington Typewr 1st pf. Remington 1st pf Series Replogle Steel. Republican Iron Republic Iron & Steel p Reynolds Spring. .. ... Reynolds Tobacco, B Reynolds Tobacco, pf. Rossia Insurance. 813 4825 Royal Duteh ctfs (N Y. 4115 2 StJoseph 7% 5 StLows enk aiiss 6 St Louis-San Fran pf. St Louis Southwestern 8t Louis Southwestern pf. Savage Arms Schulte Store: % Schulte Retall Stores pf.. Seaboard Air Line. Seaboard Air Line pf. Sears-Roebuck Seneca Copper. Shattuck Arizona. -u--ql |....’mu| Shell Union Oil Stmms Petroleum. Sinclair Con Oil. Sinclair Con OIl pt. Sielly Ofl Sloss-Sheffield St1 & Tron Sloss-Sheffield S & I pf South Porto Rico Sugar. Southern Pacific. Southern Rallway. Southern Railway pf Spicer Manufacturing. . Spicer Mfg pf Stanaard Gas & Electric, Standard Gas & Elec pf Standard Milling Standard Milling Standard OH of Californa Standard Oil of N J. Standard Oil of N J pf. Standard Plate Glass. Sterling Products. . . Stewart Warner Speed Stromberg Carburetor Studebaker. . Studebaker pf. Submarine Boa Superior Oil. Superior Steel. Sweets Co of America. Symington. . Symington (A). Telautograph Cp. ... Tennessee Copper & Chem. ‘Texas Company. .. Texas Gulf Sulphur. Texas & Pacific. ... Texas & Pacific Coal. Third Avenue Tide Water Oil Timken Roller Bear. Tobacco Products. B Tobacco Products Class A. .. Transcontinental Oil. ... . Twin City Rapld Trans Underwood Typewriter. = o - | I§m| | H|u| |q.mmm|q—nmm.uu|mma-qa|u| - 2 & |en.|~zm United Cigar Stores. United Drug. ... United Drug 1st pf United Fruit. ... United Railway Tnvest : United Raflway Invest pf. U S Cast Iron Pipe & Fdy.. U S Cast Ir Pipe & Fdry pf. U S Distributing Corp'n U S Express U S Hoffman Machine. U 8 Industrial Alcohol United States R & Imp. U S Realty & Improvm't D! Unlted States Rubber. U SRubber 1st pf. .. U S Smelting & Ref.. U S Smelting & Ref pf. United States Steel. . United States Steel pf. Universal Pipe Univsl Pipe & Rad pf @ Utah Securities Vanadium Corporation. ... Virginia-Carolina Chem. ... m —— Va-Car Chemical pf. 64% — Virginia Railway & V Vivadou Inc |H“‘I*‘§|"I“|"||‘Hl=;°x1" sh pf B. Waldorf System (new) . Ward Baking pf. Western Electric pf. Western Maryland. . Western Pacific. . ‘Western Pacific pf. ‘Westinghouse Elec 1st pf.. ]2',5 —— Weston Electric Inst ... 21 ~—— Weston Electric (A). 14% —— Wheeling & Lake Erie. Railway Securities odd lol. L+ FlH ]I+t ] ++ EARE T T4% T4 121%$121% 28% 80 4+ 5 7 + + i + + + + + + + + + 25 63 64 115%2116 52% B *flkl||++lll(lH (R TN 5 R AR ENE NS (RN )49 (ERESEE S T K (BTN 24 (BE &L ¥ RE HH - CERE L) e 19 0 L ¥ 3 W) | Refining, General Electric, "FINANCIAL. ~——1925—— Div. High. Low. R 31 Wheeling & Lake Erie pt ‘White Eagle Oil ‘White Motors. . Wickwir Spencer ‘Wilson & Co. ‘Wilson & Co pf. ‘Woolworth (new) Worthington Pump ‘Worthington Pump Worthington Pump pf B. Wright Aeronautical. Wrigley (Wm) Yellow Cab. . Youngstown Sheet & T RIGHTS. Ajax Rubber right Liggitt & Myers. Magma Copper rights Martin Parry rights Public Service, N Publ Service, N J (new) . Reading Railway. Wickwire Spencer Steel. . . 1 Wickwire Spencer Steel pf. 9% + 1 Dividend rates as given in the above table are the annual cash payments based on the latest quarterly or half yearly declarations. noted. extra or special dividens are not included. —— Mathieson Alkil{ Unless otherwise 1 Partly extra. Stock Prices Yield to Selling Pressurein T wo-Hour Session Rails Freely Offered on Senate Vote on Surcharge—Steels Weak—Run-Up in Maxwell Motors. EW YORK, February 14.—Stock prices yvielded to selling pressure, which extended to practically all parts of the list, in today's brief but active session of the market. Net losses of 1 to 3 points were scattered throughout the list. Rails were offered freely as a result of the Senate's vote to abolish the Pullman surcharge and the agita- tion for reduced rates on agricultural products. Losses of a point or more were re- corded by the shares of many popular carriers, including Chicago Great Western preferred, Chicago and North- western, Delaware and Hudson, Lehigh Valley, “Katy" preferred. the Mis- souri Pacific issues, New York Central, | Nickel Plate, Frisc common and Wa- bash preferred “A. Selling In Steel Shares. Selling of the steel shares was in- spired by the poor 1924 earnings report | of the Republic Steel Company, that | stock dropping 3 points to 3% losses of 1 to 2 points taking place in United States Steel common, Beth- lehem and Gulf States Oils failed to respond to another in- crease in Pennsylvania crude prices. with buying apparently restricted pend- ing further developments in Falls County, Tex., where a mew pool has been reported in the making. While losses in most issues were held to fractions, & few like Cosden, General Asphalt, Pan American B, Standard oil fl! California and Tidewater dropped a point or two Specialties Quiet Down. Trading in the volatile specialties quieted down somewhat. United States Cast Iron Pipe was run up 6% points to 230 and then dropped back to 224. Savage Arms closed nearly 2 points lower at 92%. and Worthington Pump showed a loss of 21, points at 71%. Commercial Solvents A also fell back | 2 points to 173. Some of the other weak spots included Baldwin, which dropped nearly 3 points to 1297 American Express, American Sugar B. F. Good- rich, Sears Roebuck and U. S. Realty, all of which closed at net losses of 2 points or more. Renewed activity in the Maxwell Motor issues revived rumors of early dividend action on both stocks. Du Pont touched a new top, 150%, and then slipped back to 149, where it was up 234 points on the day. Independent strength also was shown by American Sumatra Tobacco | | charged in preferred, Armour preferred burgh Terminal Coal, Standard Plate Glass and United Alloy Steel. Foreign exchange rates wers agai reactionary. French francs broke additional 10 points to around 5.1 cents, ernment’s budget difficulties. Deman sterling _ruled _slightly lower arour $4.77. Other European rates were to 3 points lower. Wall Street Features. _ NEW YORK, February 14.—A jority of the stock of the Steel Co. is understood Street to have been deposited wit the Empire Trust Co. in connectio with the proposed acquisition of th- property by the Penn Seaboard Stee! Corporation. Deposit of not less tha: per cent of Eastern Steel shares is said to be necessary to make the merger effective. Penn Seaboard, it is said, has deposited with the bank a note covering the amount it h agreed to pay for the stock Ludlum Steel's net income for 1921 dropped to §$ 423 after deprecia tion, interest and Federal taxes. equal to $1.87 a share on the no pa- value stock, in contrast to $487, $4.99 a share, in 1 A compilation of the week's bank clearings throughout the country by lhg Commercial and Financi Chro: e placed the total at $5,159,522,4%0, e of 10.3 per cent over the rear ‘ago. New York of 16.1 per cent Pure Oil Co. has extended its mar keting service in Iowa and Wiscon- sin with 40 bulk plants and 83 serv- ice stations, which, it is estimate will give an annual supply of 15 000,000 gallons of gasoline and 600,000 gallons of lubricating oil. Trustees and receivers of the Con- solidated Distributors, Inc., who have had charge of the company since | September 14, 1, have Federal court. Froelich, president, announced the directorate had approved proposal to take over the assets of the Times Square Auto Supply Co., a Delaware corporation He said the radio business of Consolidated Dis- tributors had increased largely and the 18 stores now being operated would be increased to 40 by July. Standard OQil Co. of ew Jerse. had completed Well No. 140 in the Cacalilao heavy oil district of Mexi with initial production of 5,000 ba Tels at 1,775 feet. Pitts Financial Highlights of Past Week Brought Out in Nutshell by Statistics Special Dispatch to The Star, NEW YORK, February 14.— Stocks (average of 50 issues) ... Bonds (average of 40 issues) . Foreign bonds (average of 10 issues) Federal reserve ratio .. Money rates in New York Gallic.C. Time Unfilled steel orders Pig iron production Building permits Number of cities .. Amount Commercial failur Number Liabilities . Revenue car loadings: All commodities ... Grain and grain produus 3 Coal and coke ... Forest products Miscellaneous products Ore Live stock This week. High Low High Low 110.91 10857 10868 107.43 This week. Last w Last week - s 2.3 1(\ 15 eek. Year ago. T4 80.9 This week. Last week The Year 1925 to Date on the Washmgton Stock Exchange. Furnished by W. B. Hibbs % Co. Up to and including Saturday, February 14. BONDS. $4,000—C. and P. Tel. 1st 5s. 20,000—C. and P. Tel. of Va. os. 31,500—Capital Traction 1st 5s 2,000—Pot. Elec. Power Ist 5s. 24,000—Pot. Elec. Pow. cons. 5s. 3,600—Pot. Elec. Pow. gen. and ref. 10,200—Pot. Elec. Power ref. s. 1,000—Wash., Balto. and Annap. 20,000—Wash. Gas Light gen. os 42,000—Wash. Gas Light gen. os... 31,500—Wash. Ry. and Elec. cotls. 4s. 147,000—Wash. Ry. and Elec. gen. and 1,000—Dist. of Col. Paper Mfg. 1st 2,200—Pot. Joint Stock Land Bank 2,500—Wardman Park Hotel 6s. STOCKS. 11,391—Capital Traction 499—Washington Gas 740—Wash. Ry. and Elec. com 938—Wash. Ry. and Elec. pfd. 90—Commercial National Bank 5—Metropolitan National Bank. 156—Riggs National Bank.. 20—Second National Bank 85—Washington National Bank 80—Amer. Security and Trust 53—Continental Trust 15—Union Trust . 60—Washington Loan and Trust. 30—Mer. Bank. and Trunl', 3—Firemen's Insurance ... laS—CDlumMn. Title Insurance 5—Lanston Monotype —Mergenthaler Linotype 6,285—Nat. Mtg. and Inv. pfd. 5—N. and W. Steamboat. Open. . 100% High. rei 6s. 230 UNLISTED DLFARTME\T 15—Chapin-Sacks 8s pfd 4—Chapin-Sacks 7s pfd.~ 24—Departmental Bank ... 200—Citizens’ Savings Bank. 13—Munsey Trust in reflection of the French gov-* /