Evening Star Newspaper, February 28, 1925, Page 14

C 14 ® SINANCIAL. THE EVENING STAR, WASHINGTON, D. C., SATURDAY, FEBRUARY 28, 1925. FINANCIAL. STOCKS GO HGHEST e vore srocx: excriance | BONDS CLOSE FRW; | [z o BONDS o) GRAN PRGES GAN [VONTHSCLEARINGS Recelved by Private Wire Direct to The Star Office Recelved by Private Wire Direct to The Star Office. Adams Exp (6). 100% Lehigh Val (314) Lib3%s. .. 9 10122 101 18 101 21 Atlantic C L el 4 864 sk oy :;irl;‘ue!;":{lu(f’(sz)) 16'::\ lg: ll.::::t;[& il;((«’r‘c;. e e }.x»m 4% s 2101- 101- 101|~2, Atlan C L w,il-a:_ 90 T ; | Z109% ik & My . 61 4 g Ab1st4is 18 1012210120 10122 | B&Oprin3%s... 99% 9 f Operators for Rise Hold Full| 42z Bubber.... 12 MEs My race " High-Grade Investments Hold | Liv21 s 1 toozs o024 10034 | B&ogoldaa. "0 3 53 Wheat Sweeps Rapidly aslNew February Record Hung 4 Alaska Juneau. . % | Loews Ino (z).. 234 5 Lib44%8.. 66 10126 10124 10125 | B&Orer e . Control of Lively Satur- :H:‘:{:fm::f' 8 | i N 7 Up Well in Face of S4s1944. 110 100 25 100 23 100 23 Bnl!n&Ols:t 68 ot .3?.2 wo1;| Europe Buys as Far Ahead Up by Washington Bank- 3 m (4). Long Bell A (1). 474% 4 B&O6s.... 103% 3 P Am Agricul Chm 18 % 19% | (oose-Wiles Bis 85 i FOREIGN. day Market. A AT e e Higher Money. EOREION: . |BEOSCIEDT 0z 024 | as September. ; ing Houses. ER Am Beet Sug (4) Lorillard pf (7). _ o Argentine bs...... 2 d4ls 844 B4'Ll g o prpco I Bligg; =l il Am Bosch. .. 39% 3 . | Louisiana O1l..." 20% Argentine 6s A..... 969 9614 = 5 5 | Associated Pr :mgsn (8. 78 : Louls & Nash (8 | nY « RGE T, NUGHES, :rron!lne 6sB..... St o i 1 NEW YORK 2 2 m Can pf (7). *| Ludlum (2)..... 3 Special Dispateh to The Star. rgentine Ts Canada Pa 780 CHICAGO, Februar: very day | Clearings of Washington ban} 4 Am Car & F (12 0 Mclntyre (1)... 4 [ 'NEW YORK, Febraary 25.For the | Austria 7s . e s K | this week the ; has | institutions in the month ending t e : Maci Trucks (6) 137% 13 ! most part prices held firm in the bond | Bank of Japan 6s. o Cent of Ga 6s...... 10 108% swept rapidly upward in price, and amounted to $9 370, est s Cbicles 23 st | Mack Trk 24 (7) ket at the el of the week _:",“"‘"” fawi.... S | Central Pacifie 4 7% % |1t has been disclosed that Europe is 1 new I ure fo ment buyin bl () . acy H R & Co. here was fome further shading of| Bel&lum 6%ewi.. Ches & Ocv 4% 96% | already contracting for wheat ship " supp ks, U s ex ”r_n&x;preg.. 3). Me g COTORE. quotations for Unlited States Govern- y:"‘Lflum“/-- o Ches O gn 4153, 4 sients romit the. Thiked States tin T t previous amount for ed i i ) |Am & For Pow.. M. el ment loans in response to the money | Berne fe...... | Ches & Ohto cv gs. 1 5 % | as far ahead as next July, Augast and | E<H was set up last year Aamira pi(D) Manatl (5)... situation. but the change was very { U0 via 8s Ch1 B&Qgn 43 '58. 5 eptember. Such contractin some- A pamsed thxough vie mlce (7)...... Man El ma g (5 sifght. The striking featurs was that | Bordeaux 6 F1i | Chi B&Q 1st rf 5a.. - thing unheard-of heretofore at this|2SS0Ciatic urrent clearings Am Ice pf (5). 5 Man Shirt (113). 26 5 losses In these high-grade Investment Brazfl Chi& Elgn6s.... 13 7T time of the year and has tended to barometer of A Camrance /2 . Maracaibo Ofl... 247 vecurities were not more than they|frazilsa.... 3 Chi Great West 4s. 24 4% | emphasize predictions of world short- sl e LR " ; Marland Oll... . 2 were, espectally as the weekly report| Canada fs1931.... 2 102! 2| CM& Puget Sd 4s. 20 e of breadstuffs. Compared with a Adare Lmprelsive whan 1t 18 » Am Locomo (6). Martin-Parry 4. of the member banks of the Federal | CApada 68 1952..... 3% 10 Chi M & St P 4828 149 Crs e I g bered dditional business ¢ G A Mealc8). 4 Martin-Par rts. Reserve system showed a decline of [ Chile 7s 1943, ., 1 CMR&SiPADb4s.. 20 10 to 14 cents a bushel higher, corn Iuciadad G oy vans el a Eadlaroni(l) Mathteson Alka. §28,000,000 in investments and an in-| Chile 8x 1941, R Cni M&SE P ev 434 52 43 to 5 up, oats showlng 1% to 214 i L6 a nic ibove. Jearerdasie | m Satey Hx (3) Maxwell Mot A.. 85 5 { creas £ $33,000,000 in commercial{ Chinese Gov Ry 5s > Chi M&St Prf 4%s 6 2 galn and provisions at 70 to 40 ¢ 1.000,000 on the monthly averag oo il e 0 SELE Maxwell Mot B . 473 |1oans. Somehow or other, the market | Cor nfihQu»n i, Chi M &St Pevbs. 17 3 e 0 vary last br all monthiy move at 78% Sm & Ret (5) ¢ Moy Dépé : 051 has been able to absorb lquidation by | Ctoa 5%s... g ChiM&StP 6s... 9 g he biggest sce I e with cleari ok 15408 L0{0isiarey A ;L’g‘: vt (1) 675 Mexican Seabd... T quotations Czecho 85 1952 ot 9 Chi&NW 6%s. .. senting the first available wheat from T in excess o 3 5 2ioeat ' 1014 4 4| Miami Cop (2).. 214 Pan A ; Denmark 6s...... % | Chi Ryeba...... the new 1925 domestlc crop. O ¢ fum pexiod RUSH OF BUYING ORDERS. |Am Sugarpt (1) 101% 101% AT B, 1M % Pan Am.r-,\".‘":,(,’::,,‘::‘"l:'m,n., 41| Denmark 8a. . 5 : Chi RT& P gn 48 4 | day L;v:.e‘Juulexm:.l’ M| :m . 1344 Minn & St Louts 2% ble 65 were the leaders In the specu-| D.F16%sNov s3. o EUlR L&D =fita.. B ore than 8 cents a bushel. Spec-| ewer Fail During Week T Tol (0 Gho 2 t s Kan & Tex. 3% 3 4 Mo leafiers:ip the specu |ipyniormant Yitu at ChiTH&SESs.. 7 tive interest ched at once from | B S Am Tobacco (7). 8T 7% z lative group. They were strong in : L 4 est switched at once from | g i 4y 7y | MK & T pf (5).. 8874 P I AE1ds # Dutch East I 65 42 Chi Union Sta b the May delivery, which stand e o Am Tobac B (7). 874 § 4 ympathy with American class B - il o y hich stands for| g Saturday Trading. obac I sl Missoutl Pactfie 395 S S | Finland s f 65 1945 Chi Un Sta 8148 eat capable of more immediate use | - LUl 5 D3 dcae tilsgine Am WW&EI 80c o \Missour! Pac pf. 8214 e ey are convert’ble-} mramerican 73s. . Chi & W Inc cn 4 Y s G 5 this wos BY STUART P. W Am W W pt (). 101 101% 1007 Moritatm Wacd o SRR honds wer il French Taw i ... . C&W 1535 62 wi : had nearly monopolized active dea ecial Dispateh to The Star, Am Woolen o] Moon Mot (3)... LT T e e N B i French Govat 8s. . 2% 102% | CCC& St L 6. ... 33 fngs. The wide discounts at which NEW YORK, February 28.—The |Am Wool ptd ] Mother Lode 750 5 L 4y Rolieop e Swtck Germany T wl. .. “ CCC&StLresA. July was selling here as compared session of the week on the | Anacouda (76¢) 4 Murray Body e R Tk Ehe VoA Ger Gen Elec Ts.. 16 Cuba RRGa......- 87% | with May, and especia P Tlaltl 6a. s a 4| Cuba RR 7%s. .. that the July delivery fvern: Ann Arbor...... 2 244 2 a0 International Mercantile Marine Ann Arb R were heavy below 80. Nor was there | t) or D! Nash Mot (111). uch enthusizsm in the low-priced ;';Jpniia;: i;& - was 47 Gerits abo¥e the ; | | | Archer-Danie! 1 Japanese 61s. ... | Bkiyn-Manhat 6s. 86% 8 SE% | By the Associated Press. CHAS. P. SHAEFFER. Canad North 6% 17% e g item alc aried List of Stocks Included in - Fewer es were reported to | ' al of 400 Leing 49 16 | Year. Th ugar bonds were fractionally higher. < exch was very active es h K Del & Ha 18t of 4 i % PSR T 1 Nashpf (). ails, where a good deal of profit-tak- Del-Hud cv 63 ‘35, 5 b ot o e 36 ‘at Apme (sta). 5 5 ing was going on. New York, West- , . D & Rio G {m . g ||LoRdvent, the bulls i 5 ¥ | Nat Blscult (t4) chester and Boston 41zs were down | JeTRens UM 6s°47 DA R D % 6 and to make values here skyrocket AT AT Nat Clonk & Sut : arly three points from the high of | Lyonss........ 5 Det United 414s. . li mocusing of attenflon én ney Atl Birm & At... 8 ) Nat Dept Stores . 5)the week. St Iaul issues moved | Marsellle és.. g Erle 15t cons 4s 7 B deliveries of wheat was ac Atl Coast L (19). 5 | Nat Lead (8). 5 58t | very irregularl Mo RN S Erie gen 48 2%1 by estimates that farm | AtGuire wr... Nat Ry Mex 2d.. . | In the foreizn list French bonds| Netherlands 6s'54 L Bils conv G4 old wheat In the United States had|Cars and %0 passenger trair | At Gulf & W I pt o 5| Nevada Copper. maintained their ground with difi- | Netherlands 6a ‘73 9% Erie conv 4s B 0 been reduced to a great extent as| U1ass 1 railroads’ total f | st Rentots N'Y Canners (2) 3 culty. Czecho-Slovak $s sagged be- | NOrway 65194 Erfe conv 4s D. . 7 ; Sompacen Wih & yeat iago. | Trgp)lflo 1ast year declined 182 | Austin-Nichola. : 4| N Y Central (7). 205 low par. Belgian Gs were well sup- | Norway 83 1344... Grand Trunk 7s... e LR e s > | Austin Nic pf (1) 90% NYC&SIL pt (6) ported, notwithstanding the closing | Yorway 8s.. Great North of the domestic Winter wheat belt|in o time heavy | AuStin e pt (7 NY NH & Hart. . % | of the syndicate Parte-Ly's-ed to e Neriorin,. - were also 4 stimulus to buyers publl O i = NYO& Wt (1) Merger Rumors Help Ofls. et A L Gr North gen 7s. .. Corn and oats derived their gai 15, kept the | Baldwin L (7).. 42 S g ; Perts Orleans el LR . %[ largely from the soaring of wheat Bald Loco pf (7) . Norfolk South .. By the Associated Press. Poland 6s "40. Hud & A1 ot values. There were also reports tha silEhansstmers LR DR G =2 % Nort & W (183 ¥ y NEW YORK, February 28.—Narrow | Prague 7%s. s e the official figures on farm reserves| 9.8 per ce S o e e 4 epirhag g ey and irregular price fluctuations | Queensland 6s. ... ey - 4y | Wi show unusually small stocks of | and West s oy T B 4 o ool marked today's early bond irading, | Riods Jan s 1347, He e o ‘| corn in the count ! X T s 0% 2 which continued to reflect uneasiness | Rio Gr Do Sul 8s. 5 Sk gl Hogs at the topmost pric Many New High Records. i | Bes f 8% | Ontario Mining. over the increase in the reserve|Sao Paulo State 88 [nyHapTranes - 1920 Qid muen to Nt peo ; the first an -neral Pe- | Bethlehem Stee Orpheum (1.80). bank’s rediscount rate and the firmer | Seina Dept of 78 | Int Rap Tr Gs stpd. i b s strong, along | Beth Stl pf (7).. 9 Otis Elev (15%) money conditions. Speculative switch- | Sarbs Cr'tes Slo 83 5 % Int Rap Tran 6s 3 71 R A & s 4 ki = htes wiel| Boleae MenS1D) 35% | Otts Steel... 9% 10 ing operations in the St. Paul group | Sweden S%acl.... 1 99% il Rep Tran g < : COTTON PRICES WE . x : itctaan trade news to | Bkl Edison (8).. 128% 12§ Owens Bot (3V... % ried the road's convertible 55 and | Swiss 5%s 1948 .. ) TiEON T 5 S e : In specu-| Brk-Man Tran. . PacIRGCoat - 3 5 4s of 1 higher, but depressed the | Swiss Confed 8s. .. = G Noraj 6s.. : e o ieesbed ion has long | Brklyn Un G (4) Pacific Mall. 4s maturing this year. Other rail| Tokim 8o, .. .. .. A City ¥t S4s AS RAINS ARRIVE bureau : : approach of the| Brown Sh pf (1) 4| pacific O (2) . 9 lines moved within fractional limits. | 74 Kingm 53’29 ansas City S 6s.. 4 o s 5 e e - s another | Burns Br B (2). a 9 Packard (11.50). 194 Some of the oil bonds, notably the|d Kingm §%s°s7. Lake Hliore is '8 et g o taged in this | Bur Add Ma (3). Pan-Amer (6). ... 7 s | Pan-American 6s, were strengthened | U Steam Copen R R Pandling in October of 43.109.743. | Bush Term (). Pan-Amer B (5). by @ revival of merger rumors, but FAlET. | Cables Al HaE e lice o e ity Boa 5 5 7 \e trend of prices in this and othe s0 net ton miles of freight tra d the| Butte Cop (500). E€nnSy KCH £3) : R gr:,(,;‘ o s ;‘:Zd,,‘l:n: MISCELLANEOUS | MUEIRy & L6s.. ¢ 3 88u| Help to Keep Values ing of 1,112 freight cars .| Butte & Suverio Penn Seab Steel SN T Sl RS L Aot 8% 09% | M StP & SSM 6%, 4 104% 1044 Down in Week End Trading he week of October 25 and the rajs- ocL % 277 Pere Mara (4) Am Agr Chem 5s.. 4 100 100 100 | MK & T1st4s. 811 = 48 per cent of ek 5 FhilaCo (4).... Am Agr Chem Ti-n 100 100% | MK & T 4s B. 73% | in Futures. ade in 1922 | ety 7 3| PMla @ RC&T. A et es 23 20 €0 98% 98%| MK & Tadsbs.... £6% | 1 | Callahan Zinc. Fbillips Pet (2). = act 7 MK&Tprinbs A s e, e Trading on Local Board. | Calu & Artz 2. 8 B i i Am Smlt & R 1st 51 o < & T prln 5a 91% C e 106% 106% | M~ Pacifc gen 87 65 65 | By the Associated Press. The closing session on the Can Pactfic (10) 2 isroe Rurnw ot Am Smit & R 6s = = it | wash tock Exchange was automo- A num- nerous made a favor the speculative es at or nea the peaks his year. Rigas Realty long ivanced a full po to 99 on the Initial sal lat sold at Cent Leatner pf. PleteCo AmT& Tcltrds 3 884 | cotton market opened barely stead ccEte = 35 | 3 4| cables. Liquidation by recent buyers \ Chesa- | Certain-T 1st (7) : Pitts & West Va. epproximating $3.000,000 s due to SN R S = Liquidation by recent buyer: o a8 1 ' h Lanston Montype stock was in good Cen uthwes d the offici Sitann v € | Cnicago & Alton ¢ y PR L Relinets H to J. P. Morgan & Co. for the a Anaconda st s... ! ¥ Centri athwest and the official W n Chic & East Ill... . Zoi. | Pub Ser NJ (5). in puyment of the debt installment - o | S5 wani NSt innal Mo pae J o cbt installment| Armour & Co 434a. 2 Y Chi & St L5%s 9514 | State. May eased off to 25.23 58, as was Na Mortgage & Chic Gr West pf. 50% o Punta A} 8u (5) . Atlantic Refin 5s.. New Hav d 48 '57.. 59% |to 12 points, but there was some 1 E T nds irregular "4 n 65| Chi& Nwn (4). Radio Corp of A 5 3 NEW YORK, February 25.-—Bro-| Beth Steel5%s ‘63 . | NY W & Bos ¢%s. 68 | several points from the lowest before The following latest bid and asked s fe 3 Cottcr | CRIEPSE (D Ray Cons Cop... mand for stocks of independent steel| Brier H St 1st 5%s Northern Pac 58 D 874 | Private cables attributed the rela-|quoted for the guidance of holder house buyin T t trade | Coca-Cola (7) ... % Remington Type 2% | lehem Steel, Republic Jron and Steel | Central Leathar 58 Ore-Wash 18t 1t 48 : 2% firmer exchange and a less active de- CHICAGO- ColG & E (2.60). 2 Reynolds Sp (1) statements of some of the inde-| ColGs& El5asta 1001 | Pennsyl gen 6s 5 % 103% | steady at net 3 points up to 3 dowr o otiee o | Cero @ Pasce 43 5 e o 2 of Next Debt Installment. Am T& T cl tr6s. . 6 today at a decline of § to 8 points | p v selling a reaction we: joioea e 2 fun- | Chand Mot (3) 3 Postam-Cer (4) BB e LA e LR AmT&Tcv bs... O Tex & M In bs. and selling for a reaction were pro- unt i and, %0 shares selling at 80 and Andes 78 25% pd. .. 994 9 N YC &St Ldb 4s. {and snow in the western part of th fonally Chi & EJI L. .. % | bub Serv rts (n) g i 2 and = - 3 . s PN B = . New Havcd 6s 814 | trade buving as well = Capital Traction at 8 strong: oil | ChiMil &StP.. 34| pure OI (1%). 8 STEEL STOCKS POPULAR. | porh, Srect om ‘ 921 | XY, Ont, Wa 13t 4s 681 6k S active. ¥ g firm; | Chi R1 & Pac Radio-C pf (3%) 2 kerage houses report a better de-| Beth Steelsf 68 § Northern Pac 3s... 2 61% | the end of the firét hour. prices for unlisted securities ar quiet and steac uthe: ! ChStPM&ODL (5) ¥ teading (4).... companies, based, it was believed, on | Bklyn Ed gen 5 3 94 | Northern Pacr16s 17 107% | tively easy ruling of Liverpool to re-|of these issues support | Colo Fuel & Iron Replogle Steel. . and others in the current quarter, will | Chile Conper és mand from the trade. | o | ‘Colut\ Epf (). Rey Tob B (2).. s % | pendents last year. Commonwth P 6 . 100%, | Penn. 5s. 64. | 2 Low bullish 12 Hoes, EARNINGS BEST YET. | Cent Leather. . - e .| Shipment Presumably in Payment | Am Susref Gs.... i i 1005 NEW ' TOHK, Febriscy | quiet 3 . 3 33 5 2 in r nse to rathe S okl Diesel en- | Certain-Teed . Pitts Ut pf (1.20 37 NEW YORK, February 25.— Sl A ST S 8K FaUonss fo zather disappohiting| S ‘ . v: - T - ot ¥ report showers in the | 1% | Ches & Dhio t4). 9 ; Press Steel Car. S616] il is nuleratoos 12 bo conplguod | Lo WMot Whs be Pl o Al menorts o Show ersliin: ie| » da cvdb7s 2 103 t 3 Y Cent deb % | belt forecast for ra n east Texas 4 Chic & Alton bt Pro & R pf (3%) of ‘the British treasury, presumably | 4nacod%cs ab e s i Iniaast eeas ¥ upward. Gas was firm 5 % S it a9 % 11 Investment preferred o 5. | Chic Gr Weat . Pullmar. Co (8). Armour of Del 5% |NYC&StL6sA.. g 103 | October to 24.92, net declines of 10| T pr t er reports, | Chi Mil & S P pf. RBeth Steel pm b over the week end, and prices railied Unlisted Securities Prices. markets, S - h r; e ission | Chile Cop (2%)- p . Reading rts 28 a feeling that the showing of Beth-| Calif Pate 6%s.. % 254 | Ore Short L ref ¢s. 957 | Ports of rain in sofne parts of Texas Colo Southern. . Rep Ir & Steel.. P ,|offset the discouraging earnings| Col Gas & El5s... 1001 | Pennsylgen 43 NEW YORK—Cotton futures closed | 3 Roy Duth 4.42% 5 debeds < 14 | Pennsyl gold 7 Mach. . Com Solv A (4). Con'G N¥ Sk 194t} | Pere Mara 1st Gs. famy 020 3 m Solv B..... d St Josepn 1 (2) | Consumers Pow b 4 93 by > Julr Coneot-Nalra (3 StL & San F (5) 7 RAIL EARNINGS IMPROVE. | cupa Cane cv 7t 3¢ g71s | s | Eor BGE DG . [ e StLSanF pf (6).. 3 3 NEW YORIK, February 28.—Janu-| CubaCanecvd3ss % o vk ar it - o] . 10 Consol Gas (5) St L Southwest. 5 ary net operating income of hoth the| Denver Gas5s. ... 9:" P penine March . Consol Textile Savage Arms. % Great Northern and the Northern Pa- | Det Edison 5340 09| L IMAS R&G s 25.30; October, 25.00: December, s (D " %4 | Seaboard Air L. shows improvement over the! DuPontdeN7% 108 | StL&SFplesa.. B H New Orleans Quotations. o 6y, | Seabd Alr Lipf.. ‘ me month last vear. Great North- | Duguesne Light . 1084 | o & S For In Se. NEW ORLEANS. T\ s Cont I Sears-Roebk (8) n reports an increase to $50&015| Est Cuba Suz T%s et e DULEANS Bebruary 21—Tle A i Shattuck-Ariz. . from $552,035, and Northern Pacific, | Empire G&F 7%8. w3 5 narket was slightly easier s S| 3 § 7 B 15| StL & S Fadf és g . | the opening today owing to Live: Munsey Trust Co. . . Corn Prod pf (7 Shell Trad (2.06) $760,086, compared with $509,420 a| Feder Metls 78739, D e e R ane s tedsvioptng b Livenn b Capitol Navings Bank Cosden Co. . Shell Union (1). g year ago. e misacLiar . 102% [ St L& SFpl 6sC.. forecast for rain in the Western ompany's | Crucible Stl (4). Simmon Co (2).. ! . - Ll : 1o Simmon ¢ —— i g 1035 | SLLS W lstds.... First trades showed losses of 3 to ¥, 2 after GubiAm Sug8): 8.2 S ’«""331:5:1‘“” ; i G:z:;!:shr b 1edi 109 | St LS W con 4832 | points on old crop months but = history,, cUng e Giterpre | Cuban Cane Sug o i DIVIDENDS. Goodyear S5 1941 120% | San & & Arn P 4s ; change on October. Prices eased of ston Title Tk, ¢ ferred dividends, was $1,194,357. Total | oy, cane Bu pf. Ba | Skally Ol coss Pe Pay- Stock Hershey 65 1943. .. 104 |StP UnDepb% 101% | further soon after the call until May cton Base Fall ( asgets exceaded $10,000,00 The cor-i cupa Dominican 6 5 e S riod. able e OATS% 100% | Seab’d A Liref 4s.. itraded at 25.26, July at 48 anl ion ore the n\.l"t:;;;v[k:;: Cuban Dom pf. e 43 :Z::h Poe (0. Sl E Mar. o7%, | Seab'd A Liadj be.. 1 77 | October at 24.66, or 10 to A T S e Bea el Soutnern Ry &) o So ihinois Steel 1% 1ot | Semracife taiah 81 | below the cloge of yesterday. Marel| CHICAGO GRAIN PRICES. b s e iime sile L& W (6). - t 4 188% | ghicer pf (8) 5% 95 e - 3 23 | Inter Paper 58 '47. 89% | Sou Pacificref ds.. 89 898 he news of the death of President | Wheat underw a sharp se Mo ar dealers. | Del t 5 e g : CCP & L 68 A'5S 075, | Southern Ry gn 48 77% | Ebert of Germany added to the easier | Price at the opening today le, president of the Jeddo D"Rf,}g‘(‘x’; = su l‘:l&” o) Q1 ApE T 2 G aleass. 3 100% | Southern Ry lst b8 100 |tone. Tha market quicted down at the | ket soon recovered l‘ < been clectec g;::‘e’ Mines (2) 3 . 15% | ; ‘z,‘.é;,|t @) i 2 ' Kelly-Spring 8s. 98%; | Southern Ry 68 108 |end of the first half hour, prices degree to unfavorable we r S Dupont (10). ... 4 ¥ StOIINJT ()... i « | Swi : Q Liggett & Myrs 78, 1181 | Southern Ry 6% 5 110 |ing a slight recovery from the Toss, west. Initlal weakness here DuPont deb (6). St Ofl N J pt (7). 117% o | Todd Shipyd Midvale Steel 6s. . ! — . i A 90% | Third Ave ref s 5 65 NEW ORLEANS—Cotton futures | Ascribed to downturns in quotations COTTON INQUIRY STARTED | iastman (15%). 1120 ) Std Plate Glass, 13% 13 i e 4 1 Har 20 | Montana Pow & s el 2 s Q 4 991, | Third m::‘a)‘s- : closed steady.at net T erpool and to the fact that a go. = = - 1StL& W 4s... 83% |2 down. many traders were acting on opinior 5 Sterling Prd 5% Winnipeg El pf... v Mor's&Co 18t 4% 84 | Tol " j s : i n op e | Stew Warner (6 e d Now Eng Tel 58 100 | Toledo Tracss. ... 100% . tange. | that w decline might be looked e Studebaker (4). i N Y Eden 1st 6%8 Erie ceseen - s 114% | Union Pac 43'27.., 3 991; | Mareh . 20 | a recent prolonged u Submarine Boat “ ‘ Y Tel 4%s : 961 | Unton Pac 1st 4s. 5 926137 - 5. 2 of values: ' Selling pressa Complaint Over Grading. Erle 18t pf...... 437 Gipitin S 6841, 106% | Union Pac 1st rf 4s 8614 | Oc: s 4 | however, failed to 1 and with b A s vk | Falrbks (2.60).. 3 e _NEW YORK. February 25—The | N X 20800y 1001 | Union Pac cv 6s.... 104 | gain becoming aggressive the 1 stocks held in New York | Fairbks (2.60) T 1055 | S rs (2w United States Industrial Aleohol Co. | NOTUR Arm Ed 6% 103 961 96 9615 March,__25.0 : Ju|m rallied to about yesterday 2 5 109 | Syming today reduced the New York price of | NOTtP Famous pf (§) Symington (A). completely denatured alcshol, known | NOT States Pow 963 | Va Ry & P 1 Bl s g6y T ¢ b finish except for September. 'Open : 3): 10 o N oW e 105% | Wabaah ist bs.. 0% 100% 100% pot cotton closed steady, 5 points u; s, which ranged from 1% D erthiAve Catc) b 5| mexas co 3y to the trade as CD-5, 1; cent a gallon | Nor,States JOT G | A Tex G Sul (17%) to 501; cents a galion for carload lots | F2¢1C Con Distributrs. Industrial Finance Corporation Re- ports Excellent Year. NEW YORK, February 28.—Net rnings ¥ trinl Finane rporati onnted tof B3aman « S o838 B Agriculture Department Acts on ey classified to determine is basis for assertions i bl aslv 95 | Weatern Paotflc 6s 9315 933 93% | Sales on the spot. 7.50; to arrive, lower, May 1.94 \d on future contracts. D ek Robheri:.. P a9k DeE OB G e T ieite 1 West Shore 1st4s. 94 82 811 811 |low middling, 23.95: middling, :11.65 to 1.66%, were followed by s decision was reached at a! ¥V PPN 7 % - in drums. As New York is now a 52 23 |good middling, 2 receipts, 17,7 turns all around erence between Semator Smith;]Eiemenman (14) 4 Tex & Pac C &0 producing point, the reduction, which | Pactic T &T 628 | stock, 318,382 tion (6). 105° 106 6s. 305 Corn was governed by the action oerat, South Carolina, and. of-| Feundation (8): . T | Tide wat o i Feprosents - (ho freight chargs trom | Fan-Americas 85: 307 : ‘| TREASURY CERTIFICATES. o g i Nureedrag A riculture Department | £0 h : L. AL the former nearest produci: s e May 1.32 to 1.32% arket Supetvision! gtidofion] fu-| MoCODOLIAtEERS. Tobac Prod (6). e S R phita Co E:;’s’:a.x (Quitations furnisied Ly Reamond & Co) | GRAIN AND PROVISIONS. | &, L92 0 1323, the market sacs Gardaner Motor.. ;;’:::“;‘: Pt e a0 5:}13& dg CA15 Offer.| BALTIMORE, February 28 (Spe-|loss. . Gen ATC Dt (D). : y R cial).—Potatoes, per 100 pounds, 1.00a| Oats lacked support. After open DAIRY PRODUCTS. Gen Asphalt. . - Underwood (3). POWER DEAL REPORTED. Pasiic Service 6 § 2 |1.50; sweet potatoes, barrel, 2.5026.00; | unchanged to % lower, May 6543 (o 0 gefléfg“;;'ls,“ ¥ Un Bag & Paver 43y NEW YORK, February 28 —Inter- | Punta Alegre 7 b 2 e e e DR IO Frloed buTerad & nideeats ge T February 28 (Spe-|Gen (8). .. RN i e Lot e 2 . r PR cembe o .00a6.00; beets, bushel, 1 eral setback kens, | Gen Electric (8) Union Oil (1.50) 0% ests affiliated with the American |Saks&Co8 March 13, 192 2 101 518 i 5 : kel Saks o ek 3 3190 | coli and kale, bushel, 50a60; brussels| Higher quotations on hogs tende: Win- | Gen Bl :“,‘.:22,) 3 v o o 148% i e e ;‘;;’é‘\:x\i Sil et Frven 15, Toatee Toarse ength : 25a | Gen Motors . Utd Alloy Steel. 28 p Ml T3, ger sprouts, quart, 10a20; cabbage, ton,|to strengthen the provision market (6 inclal o6 s B ecember 13, 10571 : .00212.00; savoy, bushel, 50a75: car- 1 2 £ (1) AL quired the majority stock of the | Sinclair Oil78 - = b Open. High, Tow. Cl T bt g Utd clgar (13%) 28, Northwest Elsctric Co., which oper- | Sin CO p1 6528 wl rots, hundred, 5.0027.00; caulifiower, 194 1eTi 194 doad ‘u:n Rerran @)+ 3 g Dta R trveawt. i ates in Portland, Ore., the State of | Sin Pipe Line 5s. TTRRIS N |crate, 1.50a2.50; celery, crate, 3.00a - i 65 . o joe 1 Ao Staty n il %8 FINANCIAL NOTES. 4.00; eggplants, crate, 3.50a6.00; let- | Sentember ™ Jreaste; b l‘mmhexnro'- z U S Cit Iron P.. 22315 Washington and Vancouver, B. C. Es:;zgaell Tel b8 CORN- 10a8 Ginter Co (1%). > ¢| US1Ind Alcohol. 841 84% So Por Rico Sug 78 SW YORK, February 28.—Na- 1313 luoe.d blsk;t.fl 1.50a3.00; onions, 100 s & - a5t ; | 2 Y pounds, 2.50a2.75; oysterplants, hun-|Ju: 2 3 134 ; cach, 4 D ey 10 Healti(ss " tional Leather Co. reports a reduced 5 “xkt.‘;\""l_“,":.m.: Jg‘lwd"m_”' 4 gghng:r( )“ \3‘5;1 2 CLOTH MARKET SPURTS. o1 deficit of $92,843 for 1924, in contrast| dred, 6.00a8.00; parsnips, basket, 20a Sertember” . Reitio 4 o c 30; peas, hamper, 4.00a5.00: i fpaaTe— TG Lo batac Granby Consol.. 19 ¢ US Rub 1st 95%4 | NEW YORK, February 23 (Spe- 5 10314 e deficit of $3,867,443 the year be-| Crate, 4.00a7.00; sptnack Dl goe Maroo.. 20a25; eapons, | Grt North ot (5) | Ussteel (17)... 1225 | clal).—Cotton goods markets closed 109% Rt e ot ehs Troet 1.00; squash, crate, 4.0025.00; tomatoes, | September Grt Nor Ors (4). % 2| US Steel p? (7). 1284 the week with a spurt of activity, 102% St St C (‘ ?q” ; nited Cigar | crate, 2.50a5.00; turnips, basket, 60a85, | . RYE— native | Grt Wstn Su () 4 | U'S Tobacco (3). b but with prices generally unchanged. | 4 § Rub 18t rf 86 4| Stores Co. for 1924 Increased to §6.-|“Apples (packed barrels), 5.50a7.50;] Yo¥ [Gt West S pt (D) y | Universal Pipe. . A 4214 43 | Print cloth quotations stood at 9% | S Rubber 1% 106% et e n_: !..3_‘,72. in | pushel, 1.00a2.25; grapefruit, box, 2.00 | Sepremper : v | Greene Canan... ’ Uniyer P pf (7). 85% cents for 64 by 60, and 11% cents for | § Steelg £ 58. .. 1054 o 8518 & share on the soe favidends|ag.00; oranges, box, 4.2585.25; straw- | LARD— e 3101 ladles, 26a20; | Gult M“mxo(rdi 3 Utah Copper (4) 885 68 by 72. Raw silks were quiet and | gtah vol;:‘& Lt b8 94 Sltellendetiie par value| perries, quart, 25a45. May kied, 205 process huiter, 31a | Gult St Steal 6 90% %! Utah Securlties. 53 53% 5214 unchanged. Va-Car Chem 7 B e oty ek Selltng Prices at Noon. | s - rolls, L B Va-Carochem.. 2 . —e O % report for 1924 shows net income of | Wheat— No. 2 red Winter, spot, ex- | Ji&¥ b - = ) - 2 £9,601,629, equal after allowi t, t s: No. 2 e s woplfl”% D 4 Va Ry & Power. 83 SHORT-TERM SECURITIES. Westinghouse 7a gt per cent e e 1':'5.:’"«”:.3‘53&, e T r‘:cmirx::l'vr.'!‘ol.«ré ZINC OUTPUT INCREASES. | Houstonoll..... 2 51| Vivadou. % 1% (Quotations furaisbed by Redmond & Co) | Wickwire Spen 7 2 second preferred stock to $6.26 a|red Winter, garlicky, domestic, 1.97, CHICAGO STOCK MARKET. \EW YORK, February 28-—The| Hudson Mot (3). % 140 e taen 24% d g o fer. | Wilson & Co 1st 94% A e Copmon s colipires|jmomital, 0.3 zed Wilnters o quata- | | GATCAGO; Webrhary, 28 ollowing \d output of zine in January is| Hupp Mot (1)... LT €% N Wilson&C cv 1% 6714 D N R i i v bk hare |15 @ Teport of today's sales, high, low imated by the American Burewu| oo oo e SCTbEleian 1% T4 % rel 6 035 Winchester A7%s 6 102 101% 2 1.5 i 7 & "whattlend closing quotations at the Chichgo . 85. Stock Exchange: e e o Tt | et neCe) - GEIE 5 4| ward Baking pf i 98 Angio-American Ofl 71 &= Tounascunay ks e o i M s o b oty £ S 3 Independ O11 (1) 2t rest Pen (4)... 1187 ‘Associated Ol 6s 1935. ? 6.75 per barrel; track corn, yellow,| 18 Ce P 100 ‘more than Desmiar. The | St oy West Bl pt (13- S Lisn Bailimore & Onio be o290 FOREIGN EXCHANGE. _CORN PRODUCTS NET. Xo. & 135, T 0 Commoumith Ediben ted States, Wi S orr o On s pTamion COD West Maryland. 14% jEsLEaT L . (Quotations furalshed by W, . Hibbs & Coy | . NEW YORK. February 28—Oper-| Sales—Bag lot of white delivered 5 tons against 41711 | Interb Rap T .. Weat Md 2d pf.. 2948 Quo Nouioa] Selhay ooy | ating profit of $14,510.016 in 1924 15 |at 1.20. Z X T, Was the only o [ ItConlm (L) Western Pacific. 3814 . ord ralue " I2F Check® | reported by Corn Products Co., com- | Oats—No. 2, 62a62%; No. 3, 60a50%. | 900 Livhe MeNell | noteworthy gain for the month. | yRC 0 "ok (5) Weat PacDf (6). 93 I ‘& Pacific 5igs 192 % ? ufi«; 8455 pared with $13.978.966 in 1923, Net| Rve—Nearby, 1.30al.50; No. 2 rye,| 300 McCord Kud “'A'. 1. Buor Mareh BanaRune 2 w 2B B0 TomESunRoanannm— | Inter Har pf (1) i west Union (7). 2 1217% O Ty e it S1a 85 & income was $10,899,296, equal after |spot, 1.67%. 1030 Mid Steel Prod.. nt Mer Marine. 124 | Westinghse (4). 7 ‘¢ T1% ! Continental Gas & EL franc....... - {preferred -dividends to §3.61 a share| Hay—Receipts, 73 tons. Under more| ig aid West pelier B A O e SIL.VER' s 6 e &L Erle. e Dor Pont T4ge 1031, . on ] | Reussels, frane. X on the $25 par value common stock, | liberal receipts of hay by truck the | - Mo wen con ia LONDON, February 28.—Bar silver, | ypsornat Nickel. 2 3 Wheel & L E pf. 2t 29 Pederal Sugar kef. 6s 1538.... .07 oo, ek, = 4 against $10.471,559, or $17.34 a share, |market rules easy with little life to| 500 Montgomery Ward. «d per ounce. Money, 3% per cent. | (MeTE Hler White Eagle (71 2hsy mg | LEHOCHSIE e 1080 Zurich, _tranc (1923 on the $100 par common the year |the buying. A moderate demand pre-| 100 Real Silk . i1 count rates—Short bills, 41 per| ppap pf st (6) 4 White Mot (4).. o 64% 64% 64% | Groat e ey 4 Athens, drachm before. { vails for the better grades of timothy | 100 Ktmwarr Warner three-month bills, 43, per cent. | y,ar Shoe (5) - - 54 ckwire Spen. 15 e AN |ana light clover mixed, but common Swift & Co.. 1IW YORK, February 28.—Bar sil- | 1n¢ Shoe pf (8). . 3 | wilson & Co.... 8 8 9 2 i : low-grade hay is hard to move at any | 2300 Swift Inti ... 683 Mexican dollars, . | intTel & Tel (6) X wnwn&coluh 23 231 3. & 8. 8. B1gs 1931, 10418 Eragne g NEW DIRECTORS NAMED. pReeL IRy oL R | Zewel Tea pf.... vt P - S A T D openhagen. crown. 2 ‘133 NEW YORK, February 23 (Special). | so3oust a0 New 2 o tmothar| 40 Un Lt & Fow B... 0 . : : ; 2 timothy, 17.00a| 1% Un Lt & Pow PARIS PRICES UNSTEADY. | Jordon Mot (3).. 57 | Wooiworth /34, 115% 115% 1101 | QIS0 Shott Line 48 182 y e, crown. Samuel C. Dobbs of Atlanta and A.|1g.00; No. 1 light clover, mixed, 10.50| 20 U 'ARIS, February 28—Prices moved | Kansas & Guit.. % % %| Worthington... 71 7ik. 71 71 | beont Mt nt. - G. Boesel of New York have been |a20.00; No. 2 clover mixed, 17.00a18.00.| 300 Wriglex' ... sularly on the bourse today. Three | Kan City South. 374 | wright Aero (1) 19 19% 19 19% Swite & Coo 2 :_lncmx &l{::‘:rt?r:no;' the ]‘\lel\![?ul:gr Straw—No, 1 wheat, 16.00a17.00 per | 130 Yellow n'r'r':n e cent rentes, 48 francs 10 cen- | Kayser {Jullus). . 28% | wrigley (*3%). 49 49 49 49 et O1LRUY ML SHEET BRASS CHEAPER. |H°::;rlflrtnm“ 'z’ -ms 1':7;:':‘@1 :fl“»lh:M{ ton; No. 1 oat, 16.00a17.00; No. 1| Total sales, 30,000 share: N Kayser 15t pf (1) 90 ,| YounsstnS&T. 4% 3% T4 | UL Rabber Tice 180, A NEW YORK, February 28—The|lanta National Bank and was for | =/8ht F¥ye 18.00a19.00 xchauge on Zondon. 93 (frauce B BenycEuE KBRSy ey e A Tt stoe. e g OF J19% | American Brass Co. today reduces | many years head of the Coca Cola C T With a view to quicker delivers. IDRP R 57 france 10 Kennecott (8) 5 54% ! gre the annual cash payments based on the 3 s prices one-half cent a pound on sheet | Mr. Boesel is a junior partner of one; Congestion on the sidewalks of |Germany and the Baltlo States re- M Sl Keystone T & R. 214 | test ¥ “or_half-yearly - declarations. brass to 19% cents, seamless brass |of the banking houses which recently | Parfs has become so great that many |cently made an agreement With the " ted ‘at:19 franes Bl & : i 0 s 3 e tubes to 237, cents and sheet copper | made the Arst public offering of Kel- | are forced to usc taxicabs to get|International Sleeping Car Co. to was quoted a francs§ paclede Gas (8). 145% 146 |2 cnde are not iucluded. : th o i AT | Vinator efuen. RIS the crowas. | carry postal parcels