Evening Star Newspaper, February 24, 1925, Page 22

22 - POOL FAVORITES PUSHED UPWARD Further Advance in Call Money Puts Late Curb on Advancing Values. BY STUART P. W Special Dispateh to The Star. NEW YORK, February were numerous day's Stock Market, —There to- as 24 spots the strong in and list of evenly @ whole gave a good account of it- self. Strength fairly tributed in industri lway shares The upbidding of b type of An iuanc in tures the was both and d stocks 1 Locomotive | operations for pool favorites amon corporation aiway section, atter svement of the a few higher which recent were fe shares. I tion red on the St. Pauls, New Haven a grade issues, such were 1 well highs tehison. their selling up to co Soars. i in the divi-| 5 to $8 was American 1 rts of m the present motive back of in American the busine st able T But while quir fact 5| 1y | impulse main lative es that small by pe ford unding supply v are held la alth who cannot tax reas to marke al incen only Bald- and = last their and sns of we sell for income or else who are indifferen fluctuations. This is the tive back of the advance Americ L win Americ named mad went thr. was ur moderately Steel W neared 12 tinctly heavy agi and Iron went up, L prospects than on pects. Sloss Sheffield again New Haven Leads Rails. Among the rails New leader. Tt was reflect that New Haven definitely of the Seaboard Lines bought at rising prices. touched 52, then ran profit-takings Mckel were strong again, and more turned upwa The feature in the motors was Pack- ard, which ran up to a new high above 18 on an unus rge turnover. Jor- dan Motor was very strong. Sugar stocxs did better for a time un- der the bad of American Sugar and Quba Cane preferred. The buying seemed condi- tlons. Columbia Gas above 49 was sell- ing close to its previous high. There was particular strength among the special- ties, in Air Reduction, in Savage Arms. in Radio Corporation and in Woolworth. Packard Motor Active. The activity and strength in Pack- ard Motor Car stocks, especiallly the common, have attracted attention and created some discussion regarding the preferred. It is reported that since the company reduced on its closed models late last Fall, gross sales have trebled as compared with the preceding period from November to February. The 7 per cent cumu- lative preferred stock, which is sell- ing at its highest prices for the year above 107, is redeemable at 110 at any time on 90 days’ notice. Efforts to determine whether, as rumored, the directions contemplate the retirement of the preferred, have met with no success. Packard is in a satisfactory cash position. CLOSE IS IRREGULAR. hlehen lo Fue trade pr bid Haver £ the be were heavily Rock Island into a lot of Plate issues Atchison once Mixed Price Movements Develop in Final Trading. By the Acsoclated Press NEW YORK, Febr up of the call mon cent, coincid loans to m / 24.—Marking / rate to 43 per | nt with heavy calling of | ke up a temporary deficit in New York bank reserve, checked the upw d trend of prices in today’'s stock market Extensive accumula. tingf of the stocks earlier in the day | was ed on favorable week end trad ices. Total sales approxi- mated 50.000 shares. A The closin was irregular. Mixed price movements developed in the late tradi Radio Corporation and the so-c an Sweringe rail | stocks rising briskly, while weakness cropped out in Baldwin, Mack Truck, Ta nd other popular NEW YORK—Stocks Haven highi in five mixed; price changes n. exchanges steady; trading. Cotton buying. Sugar ce higher; > New years. Bondg | row. Foreig sterling firm in dull higher; spot house firm; Cuban buying favorable Brazilian re- ular; | 30—Wheat fi bullish visible | Corn steady; decreasing re- Cattle ¢ Hogs supply. ceipts. higher. steady to | CHICAGO LIVE STOCK MARKET CHICAGO, February 24.— (United States Department of Agriculture).— | Hogs—Receipts, 32,000 head; fairly| active; steady to 10 highe 11.95; highest since November, bulk good and <holce 190 to 340 pound butchers, 11 211.85: 140 pound averages, largely 10 bulk packing sows, 10.60a10.80 weight slaughter pigs, mostly 10.50; heavy-wei, ttle—Receipts, erally steer trade less Monday: choice kinds about steady; others slow, tending lower; highly finished yearlings and weighty steers in fairly urgent de- mand on shipping account; top ma- tured steers, early, 11 some held higher, sev loads 10. 10.90; best| long yearlings, 11.15; she stock gen- | erally steady, fairly broad demand for better grades fat cows and light beef heifers; latter strong in spots; bulls e practical top on heavy bolognas, 4 few 4.90 and bet- ter; vealers, 25 to higher, mostly 11.50a12.00 for good choicelight calves to packers; few 12.50; shippers, 13.50; | odd lots of selected handy weight, 14.00; stockers and feeders are scarce, firm, mostly 6.50a7.50. Sheep—Receipts, 14,000 head: fat Jambs gener: s dy to strong:; early bulk, 17.25a : early shipper top, 17.90; best held higher; fat sheep strong; good 118-pound killing ewes, feeding lambs higher; top, for a four-car string of 70-pound anas, early sales downward to active than all weights | WOOL TONE STRONGER. BOSTON, February 24 (Special).— Sentiment improved in the raw wool market over the extended week end | although prices today were without any quotable change. Continued strength of wool abroad, particularly in New Zealand, where prices rose | Am Can (18). | Del & Hud (9).. | Fisher Body (5). | Foundation (6). 107% 108 | Ginter Co (1%). EINANCIAL. THE EVENING STAR, WASHINGTON, D. ¢, NEW YORK STOCK EXCHANGE Open. High. Low. 99% 100 99% L 14w 144 14% ). 105% 107% 104% 1% 12% 1% Al I Alaska Juncau.. 1% 1% 1% Allled Chem (4). 88% 89% 87% Allled Cm pf (7) 118% 118% 118% Allis Chalm (4). 76 76 76 Am Agricul Chm 20% 20% 20 AmAgChmpt.. 53% 53% 524 Am Beet Sug ¢4) 40 40% 3 Am Bosch.,.... 41 . 41% 39% Am Brk Shce (5) 101% 102 101 Am B Shoe pt (7) 108 108 108 S174 176% 171 Am Can pf (7). 118% 118% 118% AmCar & F (12) 206 209% 205 AmC&Fpt(7), 125 125 125 AmChatn A (2). 24% 24% 24% Am Drug Sny1.. 6% 6k 6% Am Express (33. 156 156 154% Am & For Pow.. 321 32% 3824 Am & FrPpi(7) 93% 93% 93 Am& I"P25% (7 124 125 124 Am Hide & Lea. 12% 12% 12% AmIce (7)...... 81 91 9 Am Internatl... 387% 37% 3 Am La France (+ 12 12 12 Am Locomo (6). 128 131% 128 Am Loco pt (7).. 123 . 123 123 Am Metal (3). 49% 49% 49% Am Radiacor (4) 100 100% 100 Am Republic.... 67 567 67 Am Safety R 45% 46 44 Am Ship & Com. 124 12% 12 Am Sm & Ref (6) 99% 100% 987 Am Stl Fdys (3). bd% 54% 52% Am Sugar. .. 64% 66 64 Am Sugar pf (7) 99% 99% 99% AmT & Cab (5). 45% 46% 46% AmT & Tel (9). 133% 134% 133% Am Tobacco (7). 88% 88% 8T% Am Tobac B (7). §7% 8Th 864 Am Tobac pf (6) 105 106 105 Am WW&EI 30c. 38% 874 Am Woolen 51 49% Am Wool ptd (1) 90 89 Anacouda (75¢). 3% 42% Archer-Daniels. 33% 834 Armour Del (7). 94% 94 Arn Cons & Co 10 10 Asso Dry G (5).. 172 1745 171% Asso Oil (1%) 364 AtT & S Fe (7). 1224 123% 122 AT&SFp! (5). 91 9 Atl Birm & At... Atl Coast L (19) AtGuif& WI... AtGulf & W Ipf Atlas Powder (4 Atlas Tack Auto Knitter Auto Sales of. Baldwin L (1).. Bal & Ohto (5).. Bal & Oh pt (4). Bang & Ar (3) Barnsdall A. Barnsdall B. Bayuk Cigar Beech-Nut (3 Bethlehem Steel Beth 8tl pf (7).. Beth Stl pf (8) Booth Fisheries. gs Mig (3 Emp 1st. British Emp 2d. Bkl Edison (8) Brk-Man Tran Adams Exp (6). Adv Rumley Afr Reauct ( Ajax Rubber. Ajax rights 31% 4% 52% 9% 2% 15 148% 145 140% 9% 9% 8% 65 65% 65 40% 39% 2674 26% 20% 20% 49% 49 69% 68 4Th 4T 46 99% 99% 994 113% 113% 113% 5% 6% b% 3T% 3T% 374 824 33w 32% 10% 11% 10% 127% 127% 127% 4l% 42 41% Bklyn Man pf (8 79% 794% 79% Bridyn Un G (4) T76% 76% 76% Brown Shoe (4). 71 78% 71 Brunswick-Blke 43% 434 42 Burns Bro (10). 100 100 100 BurnsBrB (2).. 21 21 21 Burns prpf (7). 117 117 117 Bur Add Ma (3). 78 78% 78 Bush Term pf (7 97 97 97 Butte Cop (30¢). T 7W 7% Butte & Superior 19% 19% 19% Caddo Centra 2 2 2 Cal Packing (6). 109 109 108 Cal Pete (1%).. ' 27% 2T% 26% Callahan Zinc. 4% 4% 4% Can Pacific (10). 150% 151% 150 Cent Leather 20% 20% 20% Cent Leather pf. 62% 63 624 Century Rib (2) 38 38 38 Cero d Pasco (4) 52% 62% b61% Certain-Teed... 42% 43% 42% Chand Mot (3).. 81% 31% 31 Ches & Ohlo 44). 95% 96% 95 Ches & O pf (6% 109 109 109 Chicago & Alton 10% 104% 9% Chic & Alton pf. 19% 19% 18% Chic & East1il.. 84 34% 34 Chi & E 111 pt. b2% b2% b2 Chic Gr West. 13% 14 183% Chic Gr West pf. 30%. 80% 30 ChiMil&StP,.. 124 13 124 ChiMil&SPpf. 20 22 19% Chi & Nwn (4).. 68% 69% 68k ChiR 1 & Pac 52% 524 50% CRI&PDf(6). 88 88% 88 CRI&PDL(T). 98% 99 98% Chi Yellow C (4) 52 52 51% Chile Cop (2%). 86% 36% 35 Chino Copper 25% 25% 25% Coca-Cola (7). 91% 9l 90% Colo Fuel & Iron 44 454 44 Colo Southern... 68 58% 57% Col G & E (2.60). 4T 49% d7% Col G & E pf (7). 105% 105% 105% ColCarbon (4).. 48 48 48 Com In Trpf (7) 105 105 105 Com Solv A (4)..170 170 167 Com Solv B..... 168% 168% 166 Congol-Nairn (3 40% 40% 39% Conley Tip Foll. 8% 8% 3% Consol Cigar.... 31 81 381 Con Cigar pf (7) 87% 87% 87% Con Distributrs. 8% 8% 7% Consol Gas (5).. 76 6% 5% Consol Textil 4 4nm 4 ContCan (4).... 64% 64% €44 Cont Insur (6. 110% 113 110% Cont Mot (80c: 9 9 8w Corn Prod (2)... 39% 41 39% Corn Prod pf (1) 120 120 120 CosdenCo...... 84 344 33 Crucible Stl (4). 73% 74 72 Cub Am Sug (3). 31% 32 31% Cuban Cane Sug 13% 13% 13% Cub Cane Supf. 60% 61% 59% Cuban Dom pt.. 40 40 40 Cushmans (3)... 69% 69% 69% Cuyamel Fr (4). 55 65% bd% Daniel Boone... 3% 3% 3% Davison Chema. 44 44 43 Deere pf (3). 90 90 20 144 144 144 Del L& W (6).. 139% 139% 139% Detroit Ed (8).. 115 115 115 Dome Mines (2). 15% 16 16% Doug Pectin (1). 14% 14% 14% Dupont (10).... 147% 148% J47% Eastman (15%). 114 114% 113% Elec St Bat (15). 65% 65% €4 Emmer.on 3 pf. 12 12 12 End-John (8)... 69 69% 69 Eri : 82% 84 82% Erle 18t pf. 43% 45% 42% Erle 2d pf. 41% 42% 41% Fairbks (2.60).. 34% 35% 34% Famous Pl (8) 99% 99% 96 Famous pf (8).. 107 108 107 Fed Mines pf (7) 61% 61% 61% Ffith Ave (64c) 14 14 13% 63% 63% 63% Fish Bd O pf (8) 106 106 106 Fisk Rubber.... 12% 12% ieischman (14) 79% 79% 32% 52% 49% 69% 7% 107 % 11 b2% 56% 99 236 11% 8% 108 52% 62% 48% 28% 16 45% 7% 18% 5% 68% 36% 94 26 97 89% 82 37 104% 434 85% 79 23% 40% 16% 115 Freeport-Texas. 9% 9% ner Motor.. 11 12% g::‘Am Tnk (3) 52% 62% Gen Asphalt. 57% 67% Gen Cigar (8)... 100% 100% Gen Electric (8) 237% 289 Gen Elspl (60c) 11% 114 Gen Motors (6). 74% 4% Gen Mot pf (7).. 108 108 Gen Petrol (2).. 65 55 Gen Refrac (2).. fg% ggfi el Bros. Gimb S 16 16% 46 46% 97% 98 18% 18% 5% 5% 68% 68% 87 3% 94 95% 26 2% 97% 9% 88% 90% Glidden Co. Goodrich Goodyear D! Granby Consol Gray & Davis Grt North pf (5) Grt Nor Ors (4). Grt Watn Su (3) Gulf Mo & Nor. Gu Mo & N pt 63 Gult St Steel (5) Hartman ($2.50) 82% 824 Hayes Wheel (3) 37 374 Hayes W of (7% 104% 104% 43% 85% 80% 24% Househ P (13%) 385% Houston Ol 80% Hudson Man. 24% Hudson Mot (3). 40% 41 Hupp Mot (1)... 16 16 Illinois Cent (7) 116% 115% miore than 2 per cent, largely accounts fox-the improved feelinge Close, 100 14% 105% 12% L) 1% 87% 1184 %6 20 52% 39% 40% 101 108 171% 118% 205 12 24% 6% 164% 321 93 125 12:4 91 364 12 130% 123 49% 100% 57 44 12 99 330 65 9915 46% 134 88 87 105 87% 50% 89 43 333 94 10 174% 7 814 41 524 % 2% 15 140% 79 65% 39% 26% 20% 49 684 464 99% 118% b% 87% 33% 11% 127% 42 9% 76% 73% 424 100 21 117 8% 97 i) 19% 2 108% 26% 4wl 151% 20% 62% 38 b1 43% 31% 96% 109 10 18% 844 52 14 30% 13 22 68% 50% 88 98% b1% 36% 254 90% 4% 57% 487 105% 48 105 167 166 40 3% 31 874 7% 6% 4 64% 13 8% 41 120 83% 72 31% 18% 60% 40 69% 6% 3% 43 90 144 139% 115 16 14% 148 14 64 12 69% 83% 45 42 85 96% 107 61% 14 63% 106 78 107% % 12 52% 57% 99 236 1% 74 108 53% 63 49 24% 16% 45% 28 18% 5% 68% 37% 95 27 97 20 32 37% 104% 43% 85% 79% 24% 40% 15% 115 {Independ OIL(1) .37% 28 . 26% 27 12% 125 Indian Motorcye Indian Refining. Inland Stl pf (7) Inspiration Cop. Internat Agri. .. Int Bus Mao 8). Int Cement (4).. Int Com Eng (2) Int Mer Marine. Int Mer Mar pf Internat Nickel. Internat-Paper. Int Pap pf st (6) Int Ry Cent Am. Inter Shoe (5). . Int Tel & Tel (6) Int Tel & Tel rts Jones Bros Tea. Jordon Mot (3).. Kansas & Guif. . Kan City South. Kan C 8o pf (4). Kelly-Sprgfield. Kelly Spring pt. Kennecott (3)... Keystone T & R. Kinney GR..... Kresge Dep Str. Kresge SS pf (8) Laclede Gas (8). Lee Rub & Tire. Lenigh Val (3%) Lig & My B (14). Lig & Myrs rgts Lima Loca (4).. Loews Ino (2).. Loft. . Loose-Wiles Bis Loose W 1st (7). Loose W 2d (7) Lorrillard (3) Louisiana OIl. .. Louls & Nash (6 Ludlum (2). Meclntyre (1) Mack Trucks (6) Magma Copper-.. Magma Cop rts. Man El md g (5) Man E1Sup (4). Man Shirt (1%). Maracaibo Ofl Market Street.. Marland Ofl. Martin-Parry 4. Martin-Par rts. Mathieson Alka Maxwell Mot A. . Maxwell Mot B May Dept 8t (5). Mexican Seabd... Miami Cop (2).. Middle States. .. Mis Kan & Tex. MK & T pf (5).. Missouri Pacific Missouri Pac pf. Mont Power (4). Montgom Ward. Moon Mot (3 Mother Lode 750 Mullins Body. .. Nat Acme Nat Biscult (14) Nat Dairy (3)... Nat Dept Stores Nat Dp St 1st (7 Nat Lead pt (7). Nat Ry Mex 2d.. Nat Supply (3).. Nevada Copper. NOT&M t23%.. NYAIrBrA (4) N Y Air Br (4).. N Y Canners (2) N Y Central (7): NYCStL(6)... NYC&StL pt (6) N Y Dock....... NY NH & Hart.. Niagar Fpf 1% . Niag Fls Pow (2 Norfolk South . Norf & W (18).. North Am (3.40) North Am pf (3) North Pac (6)... Orpheum (1.80). Orpheum pf (8). Otis Ste. o Owens Bot (3).. Pacifio Coast. . .. Pac Coast 2d pf. Pacific Gas (8).. Pacific Mall..... Pacific Ofl (2)... Packard (11.50). Pan-Amer (6).... Pan-Amer B (6). Park & Tilford.. Penna C & Coke. Pennsy R R (3). Penn Seab Steel. Peoples Gas (8). Pere Marg (4).. Pere M prior (5) Phila Co (4).... Phila Co pt (3).. Pula&RC&T. Phillip Morris. . Phillips Jones. . Phillips Pet (2). Plerce-Arrow.. Plerce-Arrow pt Plerce A prior 8. Plerce OMl... Plerce Petrol... Pitts Coal...... Pitts Stl pf (7). Pitts Ut pf (1.200 Postum-Cer (4) Pro & Rpf (3%4) Fublic Serv rta. Pub Ser N J (5). Pub Serv rts (n) Press Steel Car. Pullman Co (8). Punta Al8u (5). Pure Ol (1%). Radio Corp of A. Radio-C pf (3%) Ry Stl Spg (8).. Ray Cons Cop... Reading (4) Reading rts. ... Reading 1st (2). Read 2d pf (2).. Remington Type Replogle Steel. . Rep Ir & Steel Reynolds Sp (1) Rey Tob B (3) Rey Tob pt (7).. Rossia Ins (6)... Roy Duth 4.42% Rutland pf. St Josepn 14 (2) StL & San F (5) StLSanF pf (6).. St L Southwest. Savage ?;;ll Schulte . Seaboard Alr L. Seabd Alr Lipf.. Sears-Roebk (6) Shell Union (1). Shell Un pt (6).. Simmon Co (2).. Simmons pf (7). Simms Pet (50¢) Sinclair Oil. Skelly Oil. Sloss-Sheft (6).. South Port 8 (6) South Pac (6 Southern Ry (5) South Ry pf (8). Spicer Mfg Std Gas & E1 (3) St 011 Calif (2).. StOiNJ (1). StONNJI pf (7). Std Plate Glass. Sterling Prd 5% Stew Warner (5 Studebaker (4) Submarine Boat Sunelrlonr ol Symington. .. Symington (A). Telautograph. . Tennessee Cobpt Texas Co (3. ... Tex G Sul (17%) Tex & Pacific. .. Tex & PacC &0 Tide Wat Oll (4) Timken (13%).. Tobac Prod (6). Tobac Prod A (7 Transcont Oll... Twin City (4)... Un Bag & Paper Union Ofl (1.80). Un Pacific (10). Un Paopf (8.4 Inland Stl (234). Interb Rap Tr... Jones & Lau (7). Open. 16% 9 46% 107% 28% 81 121 120% 56 42% 124 47% 27% 57% 5% 18% 118 93 % 18% 113 49% 106 15% 21% 1% 384 847 39% 82 69 50 24 ] 20% 5% 69% 46% 42 100 17% 2 66ty 14% 118% 5% 51 83 122% 132% 90% 28% 4% 28y 58 24% 127% 46% 48 69% 28% 98% 10% 46% 31 43 107% 10 61 17% 6% 7 82% 19 A% 2% 116% 70 84 54% 46 48% 14% 70 425 13% 504 89% 2% % 51 99 14 106 45% 25 69% " 59% 142% 43% 814 €3% 51% 136% 15% 76% 22 36% L 89% 534% 18 b4 15% 76% 121 6% 55% 564 42 1% 83% 52% 9944 112% 24 42 168 264 101 35 101 21% 22% 28% 91 67 105% 920 89 17% 43% 63% 4% 119 12% 63% 7% 43% 8% 5% 15 2% 14 8% 47% 101% 101% 100% 56% b56% 55 19% 19% 19% 146 42% 9 98% 4% 65% 40 41% 150% 7 . Received by Private Wire Direct to The Star Office High. 16% 9 46% 107% 28% 31 124 121% 56% 42% 12% 47% 27% b7% 6% 18% 18 981 % 18% 13 518 % 40 59% 16% 464 3 41 9% 132 13 8% 60% 8% 7% 24 % 854 107% 107 34% 21% 107% a7 8% 1% 39% k) 50 45% 28% 30% 8 425 82 % 61 825 44% 106% 16 21% 1% Midlind Pr pf (8) 100t 102 884 847 40 824 69 50% 24 844 20% 5% 69% 45% 42% 100 117% W 66% 14% 13% B56% 51 83 12245 137% 1% 36 104% 1% 156 47% 146 42% 9% 984 4% 657 40 414% 151 15 Low. Close. 16% 16% 8% 8% 46% 46% 107% 107% 28% 28% 81 81 12% 124 120 120 56 56 40% 41 124 12% 46 46 21 21% b4% B65% 7% 76 18% 18% 118 118 93 93% 4% 4% 18% 18% 13 113 494 60% L % 89 89 59% 59% 16 16% 46% 464 531 54 2% 2w 7 77 39 394 9% 91% 2 132 13 13 77 . 1% 59% 60 8% 8% 69% 70 23% 28% K % 81 83 106% 107% 107 ,107 344 34% 20% 2 107% 1077 87 87 18% 18% 138% 139 39%, 49% | 45% i 6% | 30% 8 42 e1% L) 67 81% 434 106 106 15% 18 21% 21% 1% 1% 100% 102 374 8T% 844 844 39% 29% 81% »1% 68% 69 49% | 24 814 20% 4% €9 5% 42 100 117% 2w 45% 42 100 173% 214 66% 14% 13% 654 51 33 121% 132% 90% 28% Be%4 284 58 24% 127% 46% 4% 69'% 28 984 10 46% 31 43 107% 10 60% 17% 5% 6% 32% 19 a7 2% 116% 70 84 4% 46 48 14% 70 424 13% 49% 89% 2% % 51 99 14 107% 10 60% 184 754% 76% 8214 19 47 284 116% 1% 84 G4k 46 48 14% 70 424 13% 49% 894 | 2% 7 51 99 14 105% 454 25 69% 1% 59% 141% 48% 0% 65% 5i% 134% 16% 7 22 86% 39% 52% 17% 537% 15% 6% 121 97 55% 6% 43 1% 83 51% 101% 1% 25% 431 156 26 101 85 101 224 21% 28% 89% 67 1045 91% 90 17% 43 62% 44 19 12% 631 ks 48% 10 5% 15 224 14 8% 474 100% 56 19% Y44% 42 8 98 4% 65% 40 41 45% 25 69% % 59% 141% 43% 80% 63% 51% 134% 16% 76% 22 36% 39% 51% 17% 52% 15% 76% 121 6% b5 56% 42 70% 83 50% 994 24 42 25% 101 35 101 21% 21% 28 89% 67 104% 20 89 17% 424 €2% 44% 119 12% 6344 0% 43% 8% 5% 14% 22% 14 8% 47% 4% 41% 1% 8 4% 66% 40 41 TUESDAY, FEBRUARY 24, 1925. MOVES ARE MIXED | o von BONDS moce e, Received by Private Wire Direct to The Star Office. UNITED STATES BONDS. IN BOND MARKET Activity in Foreign Gro[lp Centers in French and Dutch East Indies Liens. BY GEORGE T. HUGHES, Special Dispateh to The Star. NEW YORK. February 24.—Trad- ing proceeded quletly at the start of the week’s business in bonds. Reports were remewed of an ad- vance' in the rediscount rate of the New York Federal Reserve Bank, but they were without effect upon Govern- ment bonds or the high-grade rails. The demand for new offerings con- tinued brisk as was evidenced by the prompt sale of $8,000,000 Pennsylvania Power ahd Light first and refunding of 1953 at prices to yield over 5.30 per cent. The market for other re- cent new offerings was firm, if rather inactive. ¥ New York Central Fives. Special strength was New York Central bs, which at 101 made a new high for the year January this bond sold below par, which, however, was an unusually low price for securities legal for sav- ings banks in this State, In speculative rails the dominating influence was still merger rumors. One of these reports was that the Missouri-Kansas-Texas was interest- ed in the Chicago and Alton, and an- other that the Pennsylvania was anxious to econtrol the Chicago and Eastern 1llinois. Still another r port to the effect that a new bankin Broup was to intervene in the St Paul situation brought about a rally in the 4s of 1925. At 68 they were up points from the extreme low of turday. Other St. Paul bonds, however, were unaffected and the P get Sound 4s at one time were down over a point. exhibited by In Sugar Bonds Stromg. Sugar bonds were strong, in sym- pathy with sugar stocks, especially the Cuba Cane Sugar 7s and 8s and Eastern Cuba 73%s. Cuba Ciane S$s at 102 equaled their high of the year. Industrial bonds as a group, on the other hand, were dull or heavy Marine 6s dropped below 90. Foreign bonds also dragged. garian 73%s were lower and there was no significant improvement in the French issues. There was consider- able trading in Dutch East Indies Hun- PLAN $45,000,000 LOANS TO JAPANESE American Bankers to Aid Three Hydroelectric Firms Located + in Tokio. By the Associated Press. VANCOUVER, B. C., February 24.— Jerome D. Greenme of Lee, Higginson & Co., New York bankers, who ar- rived today from Japan, said bond deals were being negotiated, but were not vet completed, for the issuance of loans of about $45,000,000 to three Japanese hydroelectric companies by Lee, Higginson & Co. and other New York firms. The firms he named, all in Tokio, are the Daido Electsic Company,’ the Toho Hydroelectric Company and the Ushawaga Hydro- electric Company. Mr. Greene said negotiations would be continued in New York and possi- bly Washington. He said several prominent American bankers are in Japan discussing investments. The Russo-Japanese pact, recently con- cluded, will not interfere with Ameri- can investments in Japan, according to Mr. Greene's opinion. FRESH VEGETABLES TAKE TUMBLE IN NEW YORK Offerings From South Heavier Than Trade Needs—Cabbage Almost Given Away. Special Dispatch tto The Star. NEW YORK, February 24. ings of fresh vegetables from ern and Western States today ceeded trade requirements, and prices generally were lower than at the close of last week. Barreled apples were a shade weak- er. “A” grade Greenings sold from $5.50 to $7 per barrel, McIntoshes at 35 to $13. Baldwins at $6 to $7 and other kinds at $4.50 to $6.50. The cabbage market was demoral- ized, jobbers getting only $10 to $15 per ton for bulk stock. White potatoes were dull and weak at $1.90 to $2.25 per 180 pounds in bulk, and $1.50 to $1.75 per 150 pounds in sacks LIVE POULTRY HIGHER. CHICAGO, 2 alive, higher; 28; roosters, 27; geese, 14 February fowls, 24a2 18; turke —Poultry, Springs, ducks, 5; 123 29% T6% 24 220 38% 81% 125% 41% 95 33% 45% 123% 1225 43% 86% 491 27 13% 5% 1 245 684 5% 17% 42% 97 53 15% 23% 36t 914 120% 106 724 124 21 15 28% 66 % % 7% 18% 23% 10 76% 115% 1% 684 125 29% 79 24 225 34% 8214 126% 42% 956% 33% 45% 125 123% 45% 874 51% 27 13% 6% 11% 25% 64% 45% 17% 42% 97% 53 i6% 23% 874 93 121 106 3% 12% 21 15 29 67% % % 814 18% 28% 10% 767% 19 Un Tank Car (5) 123 Utd Alloy Steel. 29% Utd Cigar (13%) 76% Utd Ry Invest.. 24 U S Cast iron P. 221 U S Distributing 34% U 8 Ind Alcohol. 82 S Realty (8).. 126% S Rubber. 42% S Rub 1st (8). 95% S Smelting... 33% USSmpt (3%). 454 U 8 Steel (17) 124% U S Steel p? (7). 122% Universal Pipe 4% 81% 51% 27 18% 5% 1% 25% 64% 45% 1% 42% 97 53 16% 23% 364 93 120% 106 734 12% 21 15 29 66% % % 84 18% 28% 10 T6% 125 20% 1% 24 220 33% Bl% 1264 41% 95 33% 45% 124 122% 4du 86% 50 27 13% 5% 11 24% 64 45% 171 42% 97% 53 15% 23% 87 91% 121 106 2% 12% 21 15 u u u u Vanadium Va-Caro Ch p: Va Ry & Power. Vivadou.. Wabash. . Wabash pf A. Wabash pf B. Waldorf (1%).. Ward Baking B. Ward Baking pf Webber (new).... West Maryland. West Md 2d pf. . Western Pacific. West Pac pf (6). West Union (7). West Alr Br (6). Westinghse (4). Weston Ele Weston Ele Wheel & L Erfe ‘White Eagle () White Mot (4).. Wickwire Spenc Wickwire Sp rts. Wickwire pf rts. Wickwire pfd. ‘Wilson & Co pf. Willys-Overlan¢ Wills-Over pf.. ‘Wooiworth /13). 116% Worthington... 70% Wright Aero (1) 18% 21 18% fPartly extra. $Payable in preferred stock. Dividend rates as given in the above table are the annual cash payments based on the latest quarterly or half-yearly declarations. 160% %4 B 150% lu..\en otherwise noted, t special dividends are mot woluded, " (Sales arc in $1,000. lex. High. Lib3%s... L1-2d4% s S Lib 1st 4%s Lib 2d 4%s. Lib 3d 4%s. Lib44ys.. UB 451944, US4%s'52. 1101~ 13 275 7L 644 569 67 105 FOREIGN. 101 Argentine 65 A. Argentine 6s B. Argentine 28 L ; 44 22 67 40 8 3 1 i 12 96% Belgium 6%s wi. Belgium 7%, Belgium 8s Berne 8; Bolivia 8s. .. Bordeaux 6s Brazil Brazil Canada 5s 19 Canada 5s 1931. Canada 5s 1952. . Cannda 5%s 1929 Chile 7s 1942 Chile 85 1926 Chile 85 1941 Chile 83 1946 Copenhagen 5%s Czecho 88 1961. ... Czecho 8s 1952 ct. Denmark 6s Denmark 8s...... DEI5%s Mch '53. DEI5%sNov '63. Dutch East I 6s ‘47 Dutch East I 6s 'A2 El Salvador $s 48 . Finland s f 65 1945 French Tswi .. French Govt T%s. French Govet 8s. . Germany Ts wi... Ger Gen Elec Ts.. Greek T8 wi...... Holland-Amer 8s. Hungary 6%s Japanese 4s. . Japanese 618 Jergens U M 6; Lyons 6s. Marsetlle 6 - Mexico 45 '04 asnt¢ Mexico 5s.... Montevideo 7s. ... Netherlands 6s '54 Netherlands 6s '72. Norway €s 1943. .. Norway 6s 194 Norway 6s 1952 18 Paris Orleans Poland 6s 40 Prague 7% Queensland Queensland : Rio de Jan 8s 1946. Riode Jan 8 1947. Rio Gr Do Sul 8s.. Sao Paulo State 88 Seine Dept of 78 Serbs Cr’tes Slo 8s. Sweden 5%s ui. Sweden 6s. Swiss 5%s 194 Swiss Confed 8s Toklo b6. ... Ud Kingm 5%s°29. Ud Kingm §%8°57. Ud Steam Copen 68 5 Uruguay 3 Zurich 1 Low. 101- 101 29 101 25 101 25 100 28 100 28 101 15 10112 10112 101 30 10129 101 28 100 31 100 28 100 29 104 28 104 28 Close. 83 10128 10226 10128 101- 96% 96% 102% 4% 99% 8% 9% 109% 107% 111 93 844 82% 97% 101 102% 103 108 100% 102% 108 108 97 100 99% 101 110% 98% 09% 102% 102 104 85 0% 99% 1021 [ a8y 874 86% 89% 82% a1 B4l 84% 21 aR% 91% 103% 106% 99% a9% 99% 84% TE6% £5% 8544 72 91% 104% 110% 95 3% 96% 102 59 85% 99% 104 1014% 114% 67 116% 106 4% 108 110% MISCELLANEOUS. 998 101 9% 97 106% 102% 9674 100% 95% 102% 126% 95% 52 100% 103 100 8814 93% Ajax Rubber 8s... 6 Am Agr Chem T%s 25 AmChainsf6s'33 5 Am Smit & R 1st 53 39 Am Smit &R 6s Am Sug ref 6s. . . AmT& Tecltr & AmT& Tcltrbs.. Am. T. & T. SF bs. AmT & T deb 5%s AmT& Tcv 6s.. Am Water Wks 58 Am Writ Paper 6s. Anaconda 1st 6s Anaconda cv db 78 Andes 7s 25% pd Armour & Co 4% Armour of Del 5% Beth Steel 5% Beth Steel Brier H St 1st 5%3 Bklyn Ed gen bs. . Bush T Bldg 6s'60. Callf Pete 6%s. Central Leather 58 Chile Copper 6i Col Gas & El bi Commonwth P és. Con Coal Md 1st Es 16 Con G NY 5%s wi..150 Consumers Pow 58 10 Cuba Canecv7t’3l G Cuban-Am Sug Denver Gas 5 Det Edison 5s "40. Du Pont de N 7%s Dugquesne Light 6s Est Cuba Sug 7%s Empire G&F T%s. Feder Metls 7s°39. Fisk Rubber 8i Goodrich 6%s. Goodyear 8s 1931.. Goodyear 8s 1941.. Hershey 65 1942 Humble O&R 5%s. Tlinois Bell 1st bs. Illinols Steel 4%s Int Mer Marine 6s. Inter Paper 58 °47. KCP & Lt b8 A '62. Kan G & E1 68 '52. Kelly-Spring 88 Lackawa S 53 '50.. Liggett & Myrs 58 Lorillard (P) 5 Magma Cop cV T Manati Sug sf 7%s Midvale Steel 58 Montana Pow 58.. New Eng Tel 58 N Y Eden 1st 6%8 NYG EL H&P 5s. N Y Tel 4%s N Y Tel 68'41. N Y Tel 68 '1;3'« 2 North Am North Am'Ed 6%8 Nor States Pow 3. Otis Steel 7%8 pacific Gas & Ei Pacific T & T n-Americ: Ean Amer Pote 78 Phila Co 5%s'38 Phila Co ref 68 A. Phil & Rdg C&I 5 Plerce-ATrow 88.. Public Service 6 8. Punta Alegre 78 Sinclair Oll Sinclair Ol 63 Stnelair OILT8 . oPp SincopLos —ro e o e N ® oaSolonlraSionanealtTananatla = om P EY- o837 ER Tt {de Wat Ol 6%s Toledo Edn 1st 7s. Union Bag & P 6s. U S Steels {68 Utah Pow & Lt 68 Va-Car Chem Ts Vertientes Su Warner Sug 7 ‘Warner Sug 78 "41. West Elecbs...... 'n Union 6%s 107% = 1003 Wilson & Co 1st és 944 Wilson&C cv T%s. 67 Winchester A 7%s 1 101i Youngsin S&T 99 99% 100% 99% 9674 106% 102% 96% 100% 954 101% 125% 95% 52 100% 102% 991, 884 931 102% 994 101 92 96% 88% 964 99% 100 94% 103 100% 108% 100 100 871 101% 948y 96% 101% 107% 94 100% 107% 10! 106 101% 103% 110% 108'% 109% 120 104 100% 97% 94 89% 90 96% 100% 98% 93 993 967 123% s 100% 0% 99% 100 114% 101% 96% 107 108% 100 103 95% 94 95% 94 111% 105% 95% 104 4 100% 95% 97% 1054% 112% 8314 93% 100% 854 115 160 102% 97% 97 101%. 104 109% 96 1024y 86% 106% 101% 106% 94 86% 49% 93% 83% 26 99 110% 107% 100% 4% 67 101% 98 SRS, Make the best of the troubles you and don't huntmozse. . . Sales. High. Low. Close. 964 06% 102% 95 99% 877 93% 109% 107% 111 93 84% ) 83 97% 101 102% 103% 103% 100% 103 108 108% 97 100 99% 101 110% 99% a9y 108 102 104 85 90% 99% 102% 95 21 38% 1% 103% 106% 99% 99% 997 84% 77 86 85% 2% 9% 104% 110% 95 3% a7 102 89 86% 99% 104 101% 114% 67 116% 106% 94% 108 110% 99% 100% 9914 97 106% 102% 964 100% 95% 1017% 125% 95 52 109% 102% 99% 884 93% 102% P84 101 92y 96% 8R% 96% 100 100 95% 103 100% 108% 100% 100% 874 101% 94% 96% 102 107% 94 100% 107% 1 106 102 103% 111 108% 109% 120 104 100% 98 94 894 204 96% 10044 98% 03 100 96% 123% 101% 90% 9915 100 114% 101% 96% 107 108% 100% 103 964 948 96% 94l 1114 105% 96 104 100% 95% 9715 1054 112% 88 393 100% 854 115 100 1025 97% 97 101% 104 109% 96% 102% 864 06% 101% 105% 04 86% 49% 94 834 964 99 110% 1073 200% 94% 67 101% o8 RAILROAD. Atchison Gen 4a . Atlantic CL Ist s _ Atlantic CLel 4s.. 2 Atlan CL 4%s'64. Atlantic C. L. 7 B & O gold 4 B&Ocv 4y, EB:O&MH alto & O Baed 1st bs ot. Orfimp és B& O SW div 334 B& O PLEWV 4s Bklyn-Manhat 6s Canad North 6%s. Canada North 7, Canada Pac deb 4 Car Clinch & O b3 Car Clinch & O Ches & O cv 4% Ches O cn 4%s. . hes & Ohlo cv 5a. 11 Chi & Alton 3 Ch1 B&Q gn 48 '68. Chi B&Q Ist rf 58 Chi & E1gn bs. Chi Great West 4 C M & Puget Sd 4 Chi M & St P 48 °25 100 CM&StPdb4s.. 5 CM&SLP gn 4s'89. Chl M&SEP v 434s CM&StPgn4%s ChI M&St P rf 434s Chi M &St P cv 5 91% 86% ~ 86% 914 91% 107% 107% 87% 87% 93 92% 89 88% 101% 101% 1034 103% 1025% 102% 99% 99% 86 86 87 86% 117% 117% 116% 116% 8 19% 160% 100% 107% 107 97 98% 9% 89% 106 1045 57% 56% 904 90 101% 101% 8% _ 8% 64 64 55 b4% 63% 67 632 53 0% 70% 55% 55k 79% T9% 62 Bl 56 55% 99% 99% 101% 101% 1124 112% 109 109 £34 83 83% 83% 87 BA% 7% TT% 925 92% 100% 100% 116% 116% 98a 984 96% 964 103% 103% 100 100% 6 864 86 104% 104 90 R9% 107 106% 103 102% B4% 844 9814 93% 60 B9% 7% 7% €6 65% 69 68% 69 69 5 73% 104% 104% 107% 107% 95 94% 101% 101% 110% 1104 E8% K8 3% 18 104% 104% 103 103 9% 981 % T1% 70% 70% 8% 784 B4Y% 94% 108% 103% 5% 15 241 24% 613% 6% 84% 84% 904% 90 9815 981 97% 97 93% 93% 103 102% 166% 106% 63% 63 89 874 24% 24 88 83 .99 99% 884 82 75% 86% 91 103% 103% 664 66 K84 BBy 101% 1013 96 95% 834 834 931y 934 99% 99% 94l 4% 101% 101 115% 114% 95% 954 103 108 60% 60 917 91% 100% 100% 100 99% 66% €6% 10 = aE 61% 614 85 844 974% 974 108 107% 97 96% 105 105 £27% 82% 94k 94u 103% 103% 98% 98 111 110% 109% 109% 99% 994 99% 99 95 94% 93% 93% 87 k¢ 73% 4% 8714 74 £845 97 R8% 824 91k _ 9L 864 914 107% 870 22% 887 101% 103% 102% 99% 86 86% 17% 116% 80 100% 107% 96% 39% 106 56% 1 Chi Union Sta's Chi Un Sta 6%s C&W 15%5’ 62 wi. CCC & StLSs. . CCC & StLrt 6n Cleve Term 58 w Cuba RR bs Cuba RR 7% Del & Ha st rf 4 Del-Hud cv 6s '35. Del & Hudson 6%s Den & Rio G cn 4 D & Rio G Imp b D & Rio G Wst bs Erle 1st cons 4s Erle gen 4 Erle conv 4s A. Erle conv 4s B. Erie conv 4s D. Erfe Genessee R 6s Gr Trunk sf db 6s. Great North 5 Gr North 5%s Gr North gen 7 Hud & Man ref 6s Hud & Man aj 5 111 Cent ref6s 11l Central 5%s 11l C-C St L&NO 5s Int Rap Tran 5s. .. Int Rap Tr bs stpd. Int Rap Tran 6 Int Rap Tran Int & G Nor 1st Int & G Nor aj 63 Iowa Cent rf 48 Iowa Cent 1st 5 Kan City Ft S 4s Kansas City S 5s Lake Shore 45 '28. Lake Shore 48 °31.. Louls & N unf 4s. Louls & N 6s B. Louts & Nash 5%s. Manhut Ry cn s Mil El Ry & L & M & St L 1st ref M StP & SSM cn 48 M StP & SSM cn 68 MStP & SSM5% 139 1 2 24 6 20 19 33 M~ Pacific gen 4s.. Mo Pacific 58'65. Mo Pacific Montr] Tm 1st bs. New Or Term 4 NO Tex & M 58 NO Tex & M 5%, N Y Cent deb 4. NY Centrl N Y Cent deb NY Chi & St L 6%s 28 NYC&StLésA New H. N Y State Ry 4% NY W & Bos 4% Northern Pac 3 Northern Pac Northern Pac bs Northern Pacr 1 63 Ore Short L ref Ore Sht L cn 53 '46. Ore-Wash 1st rf 4s Pennsyl gen 4%s. Pennsyl gen 68 Penn. 5s. 64. Pennsyl 6% Pennsyl gold 78 Pere Mara 1st b Por RL&P 6 Reading gen 4s. Reading gn 4% RIATK & Ld%s Rio G West cl 4s. St L IM&S 45°29.. St LIM&S R&G 4 SIL&SFpl4sA StL &S Fprin6 &SF StL&SF StL&SFincés... 94 StLS W con 4s°32 11 StP & KCShL 4%8 St B Un Dep 6% San'4 & Arn P Seab'd A Liref 4 Seab'd A LadJ Seab'd A L con 6s.. Sou Pacific 43’29 Sou Pacific ctl 4. Sou Pacific ref 4s Southern Ry &n 48 80 Southern Ry 1st5s 8 Southern Ry 6sct. 10 Southern Ry 6%s. 12 Term Asso St L 4s. 43 Third Ave ref 4s... 14 Third Ave adj 5s.. 90 Tol StL & W 4s 2 Union Pac 1st 4 3 Unlon Paclstrf4s 7 Union Pac 4s°27... 9 Union Paccv 6s... 5 Virginia Ry st ba.. 24 VaRv&Plstbs.. 5 West Shore 1st 4s. 10 Western Md 4s.... 11 Western Pacific Wisconsin Cent 48 DAIRY PRODUCTS. BALTIMORE, February 24 (Special). —Live poultry — Young chickens, pound, 22a32; Leghorns, 22a28; Win- ter chickens, old hens, 22a25; Leg- horns, 22a24; old roosters, 16al7; capons, 32a3S; young turkeys, 10a45 old, 85; poor and crooked breasts, 25 ducks, 24a32; geese, 22a26; pigeons, pair, 35a40; gulnea fowl, each, 40as5. Dressed poultry—Turkeys, pound, 35 a45; poor and crooked breasts, chickens, 28a32; old roosters, 16al7; ducks, 25a30; geese, 20a25; capons, 32a43. Eggs—Receipts, 1,045 case and nearby firsts, dozen, 33a34. Butter—Good to fancy, pound, 39a 42%; prints, 42%adsls; ladles, 27a 29; store packed, 20; process butter, 33; dairy prints, 20a25; rolls, 20a25. 874 744 297 9715 894 823 89l 834 83% 83% 10145 101% 833 €64 T6% 21 96% 86l 89% 77 102 101% 105% 105% 109% 109% 844 84 b6 56 45 48% 83% 837 92% 924 86 86 991 991 104% 104 97 96% 947 947 83! 834% 66 65% 94 93% 81 81 974 £9Y% 82% 894 83% 101% 83% 64 8 914 95% s s s 3 native pe bR CHANDLER'S EARNINGS OFF. NEW YORK, February 24.—Earn- ings of the Chandler Motor Car Co. in 1924, after deductions for taxes and depreciation, were $1,347,000, or $4.81 a share, as compared with $2,055,267, or $7.34 a share in 1923 There are no back loans outstanding for the first time since 1920, accord- ing to President Chandler, and com- parisons with the annual report a year ago, he said, shows a gratifying improvement in the relation of current 48 Lo current abillties, . | Washington Stock Exchange. 854 | FINANCI UPTURNS SCORED INGRAIN MARKET Liverpool Reports Help Prices Here on Wheat. Corn and Oats Firmer. By the Associated Press. K CHICAGO, February 2i.—With the Liverpool wheat market showing un- expected strength and with a big decrease looked for in the United States visible supply total, wheat prices made a brisk early advance today. C the upturn, profit-taking sales enlarged, and r tion ensued. The offerings, however, were readily absorbed, and fresh upturns took place. Initial prices, which ranged from % to 1% higher, May, 1.87% to 188 and July, 157% to 1.57 were followed by numerous changes within limits of about 1 cent with May touching as high as 1.88%;. Corn and oats were firmer, sym- pathizing with wheat. After open- ing at 3 decline to 7% advance, May, 1.29% to 1.30, the corn market scored moderate gains. Oats started at % to % rise, May, 53% to 53%, but later eased back a little. Forecasts of a sharp advance in hog value gave the provision market a notable upward slant. WHEAT — Open High. e A July September "GAIN AFTER DECLINE Heavy March Notices Cause of Liquidation—Other Months Are Steady. By the Associated Pres I NEW YORK, February 24.—The| feature in the cotton market Hfl(‘r‘ the opening today was the issuance of March notices representing about 142,00¢ bales. With o man notices in circulation there was h liqui- dation of March at the opening, which was points lower on that position, but the near-month offerings | were quickly absorbed by spot house brokers against sales of later deliv- eries. After 1ling off to 24.18 March soon llled to 24.55, or 29 points get higher. Later months opened at an advance 9 to 18 points on the failure of weather report to indicate any of the the holidays, and relatively steady Liverpool cables. ) advanced to 24.90 and October to 24.97 during the early trading, or to 30 points net higher, and while the upturn was checked by realizing, prices held very steady within 4 or 5 points of the best at the end of the first hour. POTTER MADE DIRECTOR OF TYPEWRITER FIRM By the Associated Press New York, February 24.—Mark W. Potter, former Interstate Commerce Commissioner, tod: was elected a director of the Roval Typewritter Co., in place of the late John Quinn. | >, | eral counsel of the company. apital Traction Trust Co.—10 at 136, 10 . 10 at 136, 20 at 1 Lanston Monotspe AFTER CALL. Wash. Gas 6s '33100 ‘at 102 Wash. Gas Light—8 at 38 Capital Traction Co.—1 at UNLISTED DEPT. Wash. Base Ball Club—30 at 741 Money—Call loavs, 5 and 8 per cent Bid and Asked Prices. BONDS. PUBLIC UTILITY. n Tel | American Tel | Am. Tel. & Tel Am. Tel. & Tel. cony stia & Potoma stia & Potomac guar. . & P. Telephone ds.. & P. Telephone of ¥ I Traction R. R. Georgetown Gas 1st 1st Pot. Riges Realty 5s (long).. Riggs Realty bs (short). Southern Bldg. 6izs... Mkt, Cold Storage Park Hotel 6s.... STOCKS. PUBLIC UTILITY, American Tel. & Telga..... Capital Tractio s Washington_ ¢ i Norfolk & Wash. Steamboa Wash. Rwy. & Elec ash. Rwr. & Ele Terminal Taxi com NATIONAL BANK ital National ¢ Columbia Commer: District i Farmers & Mec! Federal-American. . Liberty Lincoln 110 National Metropolita Riggs - Second tiona " TRUST COMPANY. American Security & Trust..... 318 Contivental Trust PR Merchants' Bank. . ational Savings & Trust... jon Trus s Wash. Loan & Trust. s SAVINGS B Commerce & Savings. East_Washington. Security Savings Seventh Street. United States ‘Washington Mechani American . Corcoran Firemen’ National TITLE INSURANCE. Columbta_Title. Real Estate Titie MISCELLANEOUS. Transfer & Storage.. 110 178 . 75 1385 Merchan! Mergenthaler Linotype. Natl." Mtge. & Invest. 0ld Duteh Market com 0ld Dutch Market pfd | Lanston Monotype. Security Storage. 1101 adequate rains in the Southwest over | COMPa Potter also was appointed gen- | AL. LOCAL SECURITIES MAKE NEW HIGHS Merchants Bank and Ball Club Issues Revise Their Peak Prices. change this morning in spicuous by its strength Bank 2nd Trust Compan extent of 50 shares at 1 its best previous mark by 2 points while stock of the Washington Basc Ball Club sold at 741, creating & new peak by 2% points. The latter stock is on the unlisted department of the local exchange, and its rise is the first tangible evidence of how traders v the 1925 aggregation piloted by Stan- ley Harris, Riggs Bank stock was fractionally short of equaling its highest level, selling at 331, while Lanston Mono- type gained almost a point over its revious sale when five shares were isposed of at 79%. ( 1 Traction and Washington ere both stronger, the former s to 92 d the latter way preferred was and Washingt only active b The sked” price f Joint k Land Bank 5 per bonds was advanced to 103, as “bid.” session con Merchants old to the better! cent Bankers War on Forgers, The American Bankers' Asso is launching a national campaign instruction for bankers and their cus- tomers to thwiart the enormous losses suffered by business and the pub through forgeries. To this end, the 000 members of the association been provided with a code of precautions for themselves and their depositors, dealing with the use of checks and the protection of b signatures William B. Knox, president of tho national association, holds forgeries check alterations and the passing of worthless paper as offenses of oppor- tunity arising from incautious prac- tices of depositors and bank people » campaign will g0 ation portion of the present opportunity. James E. Baum, deputy manager in charge of the association's protec- tive committee, estimates that 99 per ent of the $100,000,000 lost annuall through these channels is borne by ividuals and firms. The willing- ness of hotels and merchants in ac- cepting mere scraps of paper, relying on insurance to cover the losses, was cited as an act of contributory negli- gence. Savage Alds Phoenix Boom. Francis M. Savage, president of ti Northwest Savings Bank, has allied himself with group of Weste business men in the improvement a business block in Phoenix, Ariz on which will be built a modern store and office building. Mr. and Mrs. Savage are W at Ingleside Inn, Ariz. ering Banks Earn Over 20 Per Cent. Philadelphia State ks and trust ies earned 29.61 per cent lidated capital of $64,5 172 in 1 as compared with per cent the previous year. The per centage earned on the market valuo j{of the Institutions’. securities wa 8.05 per cent The Northwestern Trust Co. list with an earning of cent on their capital Week's Study at Institute. The week’s course of study for the local chapter, American Institute of Banking, follows: Tonight t counting class will meet with | K. Moyer on “Opening and Closing Corporation Books”; tomorrow night Raymond B. Dickey will discuss “Consideration,” with negotiabl struments class, and on the foilow: night Eliot H. Thomson {with his advanced class on | Ledger-Debit Balances,” c ly with the debating cl Rufus Lusk in the Washington change rooms. Friday evening will be divided by R. Gordon Finne and his credits class on *“Analysis of Borrowers' State nt,” and the standard economics c under F. J. Donohuc. their c o= led 101.22 per ‘General -incidentl- GRAIN AND PROVISIONS. BALTIMORE, February 24 (Special) —Potatoes, per 100 pounds, potatoe barre, rrel, 4.00a5.00. Bean: beets, crate, Kale, bush | brussels sprouts, quart, 10 bage, ton, 1 0.00; savoy 50465; carrots, 100, 5.00a7 flower, crate, 1.5 2.75a3.75; egepla lettuce, ba pounds 8.00a10.00; parsr hampe 2.50a6.00" h o bushel, cauli- ; onion oyster plants, basket, 5.00; peppers spinach, bushel, 75a te, 3.0024.00; tom 00; turnips, basket a5.50 100 100 850; barrel, 3.50: gErapefruit, box, box, 50a4.50; straw- 30a4 Apples—P; bushel, 1.00a a3.08; oranges, berries, quart, Selling Prices at Noon. Wheat—No. 2 red Winter, spot, ex- port, no quetations: No. 2 red Winter, spot, domestic, 1.921 nominal; Ne. 2 red Winter, garlicky, domestic, 1.92% nominal; No. 3 red Winter, no quota- tions. Sales—None. Corn—Cob, new. yellow, epot. 6.50a 6.75 per barrel; track corn, yellow, No. Hay—Receipts, 127 tons. good hay of both timothy and light clover mixed are light, and prices are well sustained under a fairly good de mand. Low grade, inferior and dam aged hay has no settled market valuo and is dull Quotations a21.50 1 light clover, mixed, 19.50a20.00; 2 clover mixed, 17.00a18.00. Straw—No. 1 wheat, 16.00a17.00 per ton; No. 1 oat. 16.00a17.00; No. 1 straight rye, 18.00a19.00. WALL STREET NOTES. Three More Concerns Report on Last Year's Earnings. NEW YORK, February 24.—The St Joseph Lead ~Co. reports net in come of 345 for 1 after charges, F taxes and deprecia tion, as compared with $4,379,85¢ in 1923. Net income of the American Snuff Co. fell from $3,082,519 in 1923 to $1,858,687 in 1924. The . Auto-Knitter Hosiery Co. re- ported a net loss of §$174,935 in 1924, as compared with a loss of $130,650 in 1923, Receipts of RUSH COTTON PLOWING. SHREVEPORT, February 24 (Spe cial).—Breaking of land for Spring cotton planting is well advanced in north Louisiana. 1In some sections | Washingtn Market. | Tellow cah.. L3 dividends tractors were used at night to take advantage of ideal weather condi-