Evening Star Newspaper, March 13, 1925, Page 28

* FIN mBONDS——fi Belmont Banking IN'STOCK MARKET Upbidding In Many !ssues and Heavy Selling in Rest of List. BY STUART P. WEST. Special Dispatch to The Star. NEW YORKg March 13.—The up- bldding of a number of high-priced stocks and the strength in certain ders among both industrials and \ls today had the effect of gIving parts of the list a firm appearance. The buying, however, was by ne means general. There was persistent selling In stocks which have been under pressure from time to time in the last few months, and the net re- sult was an irregular price move- ment, with as 1 s as galns. Ttllity Shares Feature. Punlic utility shares were again a feature on the buying side. There was another remarkable upturn in American Water Works to new high levels, showing that since the capital plit-up there could not have been much distribution. The stock acted as one that was still closely held Columbla Gas at one time was up over 2 points from where It was selling Thursday morning. Greater New York issues were all more active and strong—Consolidated Gas, Brook- vn Edison and Brooklyn Union Gas. Laclede Gns at New Top. Lactede was rushed up to a new high ntana Fower easily re- covered the 1 per cent dividend which came off lts price today, and there s talk about the same interests ack of this stock that had been back of Utah rities. The « pany had been formed to take over Utah Securities and other properties of the Tlectric Hond and Share appeared to have been discounted by the recent rise in_the stock. Predictions of a dividend were back of the brisk rise in Texas and Pacific which, with the Seaboard Alr Line: up the main features of the rail- b . Paul's Are Steadier. realizing sales bore down at the start, but t. Pauls were heavily sold again for a time, but short covering held the decline in check after the preferred had gone down over & point and the common nearly a point. There was better recognition of the fact that Chicago Northwestern Is earning only little more than 5 per cent, while paying only 4. This for a stock which lately has been selling in the 70s, has looked to many as & prety high figure. The shares went through 67 today. Amerfcan Can Strong. American Can above 180 again. Allis Chalmers at another new high and special buying of St. Joseph Lead, Texas Gulf Sulphur and Otls Elevator at rising prices were features. The Cuba Cane Sugar stocks appeared to be attracting some new support. This company can make money even at the present very low prices, and it Is gen- erally agreed that the price of Cuban raws has been stabilized around the existing level. CLOSE IS IRREGULAR. - + American Woolen at Lowest Price in Eight Years. By the Associated Press. W YORK, March 13.—Another violent decline in -wheat prices oaused heavy selling of stocks in to- day's market, giving the general list a reactionary tone throughout most of the jion. Bullish operations were successfully conducted, how- aver, in a few rails and public utili- tles, American Woolen sold at fts lowest price In eight years. Total sales approximated 1,300,000 shares The closing was Irregular. Standard industrials were in rather large sup- ply during the late trading, but fur- ther accumulation of Teaxs and Pa- cific sent that stock to a record high, above 58, and Nash Motors soared 1214 points. at a Glance NEW YORK — Stocks frregular; public utilitles strong. Bonds steady rail issues active. Foreign exchanges firm; sterling and franes gain. Cot- ton easy; reports rains In Texas. Suggr featurcle Coftee lower; week Brazilian markets. CHICAGO—Wheat weak, cents lower; southwest drought broken. Corn lower; poor cash demand. Cattle irregular. Hogs higher. 6 to 14 GRAIN AND PROVISIONS. BALTIMORE, Md.. March 13 (Spe- cfal).—White potatoes, 100 poynds, 1.00a1.40; sweet potatoes, barrel, 2.50a 6.00; yams, barrel, 3.50a4.00; aspara- en, 9 00a11.00: beans, 6 beets, hundred, olf and kal brussels sprout bage, ton, 1 1.00al. cauliflower, quart. 20.00; savo: rrots, hundred, 5.0 crate, 2.00a3 00; celery, crate, 260l cucumbers, bushe 4.00a8.00; eggplant, crate, 3.50a5.00% Jettuce, bask i ‘onions, 100 terplants, hun- parsnips, basket, 35a 3.00a3.50; peppers, crate, 4.00a7.00; radishes, basket, 1.00a1.50; spinach, bushel, 50al.0 squash, crate, 5.00a6.00; tomatoes. crate, 2.50n5.50; turnips, basket, 50a 1.00. Apples dred, 40; peas, hamp: 3.50a7.50; oranges, berries, quart, Selling Pricex at Noon. No. 2 red Winter, spot, ex- port, no quotations: spot, domestie, 1.79%, red Winter, garlicky, nominal; No. 3 red Winter, tions. Sales—None Corn—Cob, new, 7.00 per barrel; spot, 6.75a vello vellow, track corn, 6014 asked; No. 3, 68% asked. Rye—Nearby, 1.40a1.50; No. 2 rye, spot. nominal. s Hay—Iitec The supply of most &ra market is fully ample for trade wants and what 1t inquiry prevalls Is center- ed on the bhetter grades of timothy, choice bright clover mixed and No. 1 clover. Prices on the better grades hold steady, but low grade and in- ferior hay has no definite market value and is slow sale. Quotations today: No. 1 timothy, all.5! 0. 2 timothy, 17.00a19.00. . 1 light clover mixed, 19.50a20.00; 1 clover mixed, 19.00a19.50; No. 2 ¢l er mixed, 0a18.00; No. 1 clover, 19.00a19.50. Straw—No. 1 wheat, 16.00a16.50 per ton; No. 1 oat, 17.00a17.50; No. 1 straight rye, 18.00a19.00. CUCUMBERS IN MARKET. NEW YORK, March 13 (Special).— Illinois hothouse cucumbers of fancy quality sold here at from $4 to $5 to- day per box containing 24 cucumbers. Barreled apples sold slowly at $5.50 to $7.50 per barrel for A grade green- ings and around $6 for Baldwins. Fancy McIntoshes realized $13. » ement that a new com- | ANCIAL." Abitibi Pow (4). Ady Rumley. . Ad Rumley pf (3 Afr Reduct (15). Ajax Rubber Allied Chem (4 Allis Chalm (4) Allls Chim pf (7) Am Ag Chm pt.. Am Bosch - Am Brk § AmCan (17)... Am Car & F (12) Am Chain A (2). Am Chicle. . Am Chicle pf. Am Chicle ctf: Am Chicle pf ct. Am Drug (60c) . Am Express (6). Am & For Pow.. Am & Fr P pt (7) Am Hide & Lea. Am Hide & L pf. Am Ice pf (6)... Am La Fran (1). Am Linseed Am Linseed pf.. Am Loco (118). Am Metal (3)... Am Radiator (4) Am Republic. ... Am Safty Kz (3) Am Ship & Com. Am Sm & Ref (5) AmS&Rpf (7). Am Stl Fdys (3) Am Sugar Am Sugar pf (7) Am Sumatra. Am T & Tel (9).. Am Tobacco (7). Am Tobac B (7). Am WW. AmMW W Am Wool Am Wool pf (7). Anaconda (3). Ann Arbor. Ann Arbor pf. .. Areh aniels. Armour Del ( Arn Cons & C 580 Dry ¢ Asso OIl ( AUl Birm & At... At CoastL (19). AtGulf& WI... At Gulf & W1 pt. Atlantic Refin. Atlas Ta Austin Ealdwin L (7) Bald Loco pf Bal & Ohlo (5). . Ral & Oh pf (4). Barnet Leather. Bang & Ar (3). Barnsdall A. Barnsdall B Beech Nut (13 Bethlchem Steel Beth Stlpf (7). Briggs MIg(3%) British Empire. . British Em) an Tran. Bkl-Man T pf (6] BKI Unlon G (4) . Lrown Shoe (4). Burns Bro (10) Burns Br B (2).. Bur Add Ma (3). Butte & Su (50). Butterick Co. Cal Packing(8). Cal Pete (1%). .. Calif Pet pt (7). lahan Zine Calu & Ariz (2). Can Pacific (10). Case Threshing.. “Cént Letither Cent Leather pf. Century Rib (2). Cero d Pasco (4) Certain-Teed. .. Certaln-T 1st (7) Chand Mot (3).. Ches & Ohlo (4). Chi & Alton. Chi & Alton pi Chl & East 1. hi & Est Il pf. Chi Great West. Chi Gr West pf.. ChiMIl & StP... Chi Ml & S P pf. Chi & Nwn (4) Chl & Nw pf (7). Chilt1& Pac CRI&PPL(B). CRI&PDI(D. ChSPM&OPL(S) Childs Company . Coca-Cola (7). .. Colo Fuel & Iron Colo Sout Colo Sou 2d (4) . Col G & E (2.6 Col Carbon (1) oIy A (4) .. “onley Tin Foll. Cigar.... Con Clgar pt (1) Con Distributrs. Consol (ias (5) Consol Texti] Cont Can (4) Cont Insur (6 Cont Mot (800) .. Corn Prod (2)... Cosden Co...... Crucible Stl (4) . Cub Am Sug (3) . Cuban Am pt (1) Cuban Cane Sug Cub Cane Su pf.» Cuba Dominican Cuyamel Fr (4). Daniel Boone. Davison Chem Del & ITud (9) Del L&Wn (47) . D & R G Wst pf. Detroft Ed (8) Dome Mines (2). | Dupont (10). Duquesne pf (7). Eastman (48) . Eaton Axle. .. Elec St Bat (15) . merson Brnt. ymerson B pf. d-John (5). . Erfe 1st pf...... Exchange Bf (2 Fairbks (2.60) maous P1 (8) mous pf (8) ed Lt & T (17). | Federal Mines. .. Fed Mines pf ( Fisher Body (5). Fisk itubber. ... Fleischmann (4) Foundation (8). Foundation rts Frank-SIpt (7). Freeport-Texas. Gardner Motor... jen Am Tnk (3) en ATC pf (7). Gen Asphalt. ... Gen Asph pf (5). Gen Cigar (8)... Gen Electric (3) Gen E1 spl (60¢) . Gen Motors (6) .. Gen Mot pf (6) .. Gen Mot deb (8) . Gen Petrol (2).. Ginter Co (1%) . Glidden Co A Gold Dust...... Goodrich Goodyear p! Grt North pf ( Grt Nor Ore (4 ! Grt Wstn Su (8). Greene Canan. .. Guif Mo & Nor. . Gulf 8t Steel (5). Hartman (2%). . Hayes Wheel (3) Hays W pf (T%) Helme G (6.75) .. Homestake (17). House P (133%).. Houston Oll..... Hudson Man Hudson Mot (3) . Hupp Mot (1)... Open. Tigh. 66% 16 521 104 11% 87% 86% 105 47% 35% 99K . 179 224% 24% 4T 96 445 95 6 145 32 92%s 1% 72 6 12 26% 61 142 49% 95 59 57% 12% 96% 108 115 52% 8735 9814 984 65k 38% 88% 4% 56% 57 56% ©105% 47% 145% 145 39% 274 28% 11 73 91 91% 54% 66% 17 [ 104 124 88 864 105 4T% 85% 27% " 16% 4% 51% 87h 68% 37% 96% 16 26 87% 0% 84 108 3 44 35% 8% 24 43% 14% Low. Close, 66% 66% 16 16% 6216 53% 101% 101% 1% 11% 81 87 834 RI% 105 105 474 84% 99% 178 222% 24% 48 96 L 101% 8% 18% 11 49 W49% 98 98 53 63 92 924 95% 954 268 269% 11 11 %z 1 o1 91 91% " 91% _53%__63% 26% 267 14% 14% 41 41 50% 50% 9415 944 67% 67% 36% 36% 6% 97% 15 16 25% 26% 8% 8TH 82 108 3 41% 85 76 23% 42% 14% HE EVENING STAR, WASHINGTON,:D. C., FRIDAY, MARCH 13, 1925. Tilinois Cent (7). Independ Oll (1) Indian Motorey . Indian Refining. Inland Tnland Interh Rap Tr... Internat Agrl Int Hus Int Com Internat J Int Mer Marine. . Tut Mer Mar pf. Int a Int It ¢ Cent Am., Int Tel & Tel rts Intertype (111%) Jones Lros Tea. Jordan Mot (3).. Kan City South Kayser (Juli: Kelly- Kennecott (3) stone T & R. Kinney G It. Kresge De Kuppenhm pf(7) Laclede G Al (314) Liggett & M(14). Myrs rgts. Loews Ine (2)... Long Bell A, (1). Loose-Wiles. .. Lorrillard (3). Ol sh (6). Ludlum 4 Melntyre (1) MeCro B (1.60) Mack Treks (6) Macy H R & Co. . Conper. linson & Co. . Maracaibo OIl. Market St prior. Marland Oil... .. Mar-Rock (250) Martin-Pry (4). Mathieson Alka. Maxwell Mot A. . Maxwell Mot B. ay Dept St (5). Metro G pf (1.89) Mexiean Seabd. . Miami Cop (2) Minn & St Lo Mis Kan & To Missou Mont I Montgom Ward . Moon A Mother Lode Munsingwr (3). Nash Mot (+11) . at Biscult (14). at Dairy (3) t Dpt Stores. . at ity M evada Coy Y O & Westn. . Norfolk South orf & W (18).. rth Am (3.40) orth Am of (3). North Pac Onyx Hosiery sheum (1 A Bot (3).. as (8). ific Ol (2) kard (1115) ckard pf (7) mer (6). . mer B (6) R R (3) Pere Mar pf (5). t prior (5) Coi(#)e. i Phila & RC & 1. Phillip Morris. . lips Pet (2). Arrow. e-Arrow pt Pitts Coal. .. Pitts Coal pf (6) Pitts Te Pitts Ut pf $1.20. Plits & W Postum-Cer (4) 2 cel Ca Pub Ser N J (5). Public Sery rts P'ub Serv rts (n) Pullman Co (8). Punta Al Su Pure Oil (1%%) din Corp of A. Rtadio C pf (3%%) 131 ding rts Remington Replogle St Rey Tob B (3).. Roy Duth 4.4214 h Ld (2) wn pf (5). avage Arms. chulte (*8) eaboard Air L. . abd Air L pf. Sears-Itoebk (6) hell Un (1.40).. immons Co (2). imms Pet (50c) inclair O11. inclair pf (8 Skelly Oil. Sloss- South td Gus & 11 pf. tand Mill pf (6) it Oil Calif (2).. LOIlNJ (1). t Oil N J pf (7 td Plate Glas: terling 'r (15) . tew Warnr (6). tudebaker (4). tudebak pf (7). Submarine Boat Superior Oll uperior St Sweets (new) Symington. Symington A (2) Telautogph 25¢. Tennessee Cop. . Texas Co (3) . Tex G Sul (17%) Tex & Pacific... Tex & PacC & O Tide Wat Oll (4) Timken (13%).. Tobac Prod (6). Tobe Pra A (7). Transcont Oil Twin City (4)... Twin City pt (7) Underwood (3).. Un Bag & Paper. Unton Ofl (1.80). Un Pacific (10). . Un Tank Car (5) Utd Alloy Steel. Open. Tligh. 115% 314 14 % 45% ) 107% 26% 26% 10% . 120 41 " 105% 1% 44% 264 a5 100 19t 112ls 444 174% 8514 188% 77 39% 28 56% 49t 254 291 29% 45 a2% 10% 82 654 8% 58 108 58 51% 13% 79% 21% 674 17% 54% 14% 4% 524 47 2% 51% 2% 95 . 112 24% 41 156 254 334 23% 20% 88 89 9T% 394 40% 39% 147 122 31% NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Low. Close. 115% 80% 14 1% 454 107 26 25% 10% 120 89% 103% 11% 43 26% 49 19 92 3% 25 18% 18 BOY 116% El 14 TV 45% 107% 26 264 10% INGOOD DEMAND Conflicting Changes in St. Paul Group—Serbian 8s Lead Foreign List. BY RGE T. HUGHES. Special Dispatch to The Star. NEW YORK, March 13.—The two features in the bond trading of the day were strength in the Rock Island obligations and in the Jugoslav 8s. In the case of the Rock Island the motive back of the buying was the bellef that the proposed new merger, of which purchase of the St. Loufs- Southwestern was the beginning. wonld strengthen the position of all the underlying securities. Rock Island refunding 48 above $8 were at a new high for this year and last. o feld even at this price Is still high for a bond of its grade. Good Galm Scored. Another Rock Island to make a new high for the past year and a half was the Rock Island, Arkansas and Louls- fana 4%s, maturing in 1934, the same as the Rock Island refunding 4s, and suaranteed by the Rock Island Rafl- ad Co. At one time the gain over ‘hursday's closing price was nearly 2 points, Jugoslay 8s “were easily the lead- ers of the forclgn group, galning more than a point, and making a new high for the year. Tradng wis on a large scale. Some speclul reason evi- dently was back of the buying. An enormous amount of new financing for forelgn account Is under negotla- tipn, but most of it is for industrial and utllity corporations rather than for governments. iberties Shade Lower. Liberties were a shade lower, while the first mortgage rafls were about the same. The lower rate for call loans had no effect upon prices in bonds. Firm- in the time money market was evidently the more significant factor. me of the public utility iss such as Standard Gas and Electric 6143, were higher in sympathy with utility stocks. Today's new offerings included $4,000,- 500 Detroit Metropolitan Bullding 61as at par and $1,000,000 692 Broadway Building first 6%s, also at par. COTTON QUOTATIONS AT HIGHER LEVELS Lack of Rain in Texas and Promise of Cold Wave Help to Prices. ness e Associated Press N YORK, March 13.—Recent sharp declines In the cotton market were followed by rallles today owing to steadler Liverpool cables, absence of rains in Texas and a prospective cold wave in the Southwest The opening was steady at an ad- vance of 5 to 8 points. Some liquida- tion and local selling was absorbed around initlal prices and the market showed net advances of 10 to 19 points at the end of the first. hour on trade and commission house buying. Private cables sald the Liverpool market had declines at the opening on rumors of rains in Texas and a aisappointing spot demand, but that American firms had bought new croj at the lower prices. New Orlen: ORLI Cotton. W March 13.—The -utton market opened steady as Liver- pool cables were better than due and the map showed no rains in Texas. As the official forecast held out some promise of rain in the West prices eased off after the call, May down to 25.41 and October to or 1 to 4 points below the previous high, but the market rallied 10 to 14 points on the very bullish British Hoard of Trade returns for I and indications of clearing again in the West. Great Brit ported 16,000,000 pounds of yarns and 2,000,000 yards of cloth in February. LAND BANK'S LOANS IN $10,000,000 GAIN be Star. March 13.—Loans of the Baltimore Federal Land Bank, which district comprises Maryland, District of Columbla, Virginia, Penn- sylvania and Porto Rico, have in- creased $10,000000 in the past year, according to Vulosko Valden, presi- dent of the institution. A total of 000 loans are outstanding in the )tted to the local bank, which aggregate more than $55,000,- 000. The bank is procceding with plans to ercct a branch office bulld- ing at San Juan, P. R Special Dispatch BALTIMORE, MERGER NOW HINTED. NEW YORK, March 13.—The recent advance in the shares of Allis-Chal- mers Manufacturing Co. to a new high level, despite the general decline In the stock market, has developed rumors that a large electrical com- pany is seeking control. Td% 116% 2% 15% 22 5% 218 334 23% 81 122 394 94% 33 122% 52% 39 81 86 62% 27% 2% 11% 82 11% 25% 64 45% 16% 404 99% s 96% 14% 2% 94 120 105 % 10% 21 78 116% 22 54% 218 83% 28% 814 122 39% 4% 987% 122% 2% 39% Bl% 86 63 271 2%, 1% 83 1% 26% 64 45% LA6% 40% 29% 115 96% 144 43w 94 120 105 12 10% 21 u 27% 63% % 8 26% 20 124 T4 1164 Utd Cigar (13%) United Drug (6) Utd Ry Invest. . Utd Ry Inves pf. U S Cast Iron P. U S Distributing Hoft (2).... U S Ind Alcohol. U S Itealty (8). U S Rubber..... U S Rub 1st (8) U S Smelting. U eel (17)... U S Tobaceo (3). Unliversal Pipe. . Univer P pf (7). Utah Copper (4) Utah Securities. Vanadium.. . Va-Caro Chem. Va-Caro Ch pf.. Va Ry & Power, Vivadou ‘Wabash. e Wabash pfA. .. Wabash pf B.. Waldorf (1%).. Ward Baking B. Ward Bak pf (7) West Pen (4. .. West Pen pf (7). West Maryland. Western Pacific. 46% West Pac pf (6). 96 West Union (7). 122 West Alr Br (6). 106 Westinghse (4). 78% Weston Elec. ... 10% Weston Elec A.. 21% Wheel & L Erle. 144 White Eagle (2). 274 White Mot (4).. 63% WickwireSpen. % Wilson & Co.... 8% ‘Wilson & Co pf.. 20% Wilson ctfs.... 23 Wwillys-Overind. 12y ‘Wills-Over pf... 854 Woolworth (3). 1164 Worthington. .. 67 63% 6 Wright Aero (1) 18% e iiw Partly extra, $Payabl DI'VI-:;nd r;::.l‘ lz kiven .lllh. lg:cl:;l" nt:‘#fl are the annual c Titest “quarterly “or' Nalf yeasly: deciaretions, Unless otherwise noted, dividends are mot included. 1% 26% 65% 45% 16% 41 99% 115 96% 14% 14 27% 63% % 8 26% 20 12% 85% 116% e e Recelved by Private Wire Direct to The Star Office. UNITED STATES BONDS. ~ (Sales are in $1,000.) Bales. High. 10112 100 22 101 21 100 27 101 16 101 26 100 16 104 24 FOREIGN. Sales. High. Lib3%s.... 98 Lib2dds... 1 Libist 4%s 27 Lib'2d 4s. 341 Lib 3d 47%4s. 527 Lib4 4%n.. 149 US4n1944. 62 US4xs52. 36 Argentine 5s Argentine 6s A. Argentine 6s B. Argentine 7s Austria Ts...... .. Bink of Japan 6s. Belglum 6= - Belilum 6145 w1, Relgium 73s. ... Belgzium 8 Bepnie Sx. Holjvia S5. Bordeaux 68 Rrazil 7s. Brazll 7%s Rrazi) 8s. Canada 6% 1926. Canada 5s 19 Canada Canad Chile 7s 1943 Chile §5 1926 Chl1&8s 1941 Chinpse ¢ Christlania Ss Con Fow Japan Danish Munic $s B Denmark 6x...... DETS Dutch E 7 Dutch East I 65°62 Finland Framer! Frengh French Tlis. French 8s. .. German 7 Ger Gen Elec Ts Halth 6s. S Holland-Amer 6s Hungary 61s. . Japanese 615x. Jergens U7 M 6s Lyons 6s. ... Marseille 6. Netherlands 6x NetHerlands 6s Norway 6s 1943 Noryay 62 1944 Norway 6s 1952 Orlent Dev deb 6s. Patls-Ly Paris-Ly Prague sses Riode Jan 83 1946 Riode Jan §s 1947, Queensland Queensland 7s. . Rio Gr Do Sul 8s. . Sao Paulo Clty $s. Selne Dept of Ts. rbas Crot Slo §s weden 648 ot Swpden 6s. ... Swiss 5348 1946 . . Swiss Confed §s. . Tok18 55 UdKingm Ud Kingm 538 Uraguay § Zurich Ss. S 10 2 30 41 74 21 24 a8 i 2 44 39 4 101 101 3% 6% 9644 102% 96% 9944 86% 937% 109% 107% 108% 934 B4k 8274 107% 97 100% 102 10314 BRY% 89 998, 1037 101% 1156 67 116% 106% 1083, 109 Low. 100 22 101 16 100 24 10113 100 15 104 13 10 23 Tow. B3% 96 96 102% 95% 99% 86K 9% 109% 107% 108% © MISCELLANEOUS. Ajax Rubber Sa. .. Am Agr Chem 7T34s Am Chain s 65 '33. Am Smit & R 1st 58 Ani Smit & R 6s Am Suk ref 6s. .. AmT& Teltris. . AMT& Teltrs AmT&Ts » Am T,& Tdeb 515 AmT& Tevbs. ... Am Water Wka. 65 Anaconda 1st 6 Anaconda cv db s Andes 7s 25% pd. ., Armour & Co 4148 Armeur Del 51gs. . Atlantic Refin 5s. . Bagnadall s f 85 Bell Tel Pass. ... Reth Steel pm 58 BethSteel rf 5s. Reth'Stecl s f 6x. .. Bricr HSt 1t 5335 BKlyn Ed gen 5s.. Calif Pete 6155, €hile Copper 6s. . €ol Gas & Ei5s. ... Col Gb & El 5s sta. Cemmonywth P Con Coal E Con G NY 5%s wi.. Consumers Pow 58 Cuban Am Su 8s. Denver C Det Edison ref 6s. Donrier Steel 7s. Du Pont de N Tiis. Dug L&P 5355 49 Dtgquésne Light 6s Est Cuba Sug 714s Emplre G&F 745, Fisk'Rubber 8s. Gen Elecdeh s, Geodrich 6155, .. Goodyear 8s 1931. . Goodyear §s 1941 . Hershey 65 1942 .. Humble O&R 514s. lliuols Bell 1at 5s. IHinols Steel 4%s. Indlana Steel 5s... Int Mer Marine 6s. Inter Paper 53 '47. K€ P &Lt 55A'5 g‘n(}& El 6s°52.. elly-Spring 8s. .. Keystone Tele 55.. Lacknwa S 5550, . Laglede G 5%s'53. Lifizett & Myrs 5s. Lorillard (P) 5s... Magma Cop cv 7s.. Manati Sug sf 7%s Midvale Steel 5s... Mohtana Pow 58 Mors&Co 1st 448, Nat Tube 1st 5s. New Eng Tel 58. XY Ed bs 44 wi. NY Tel 4%s. N Y Tel 6841 N Y Tel 63749 North Am Ed 6s... Xorth Am Ed 6%s. NorOhto T&L 6s Nor States Pow bs. Otls Bteel T%s. Otis Steel 8s. Pacific Gas & PacT&T58'52... 2 7 19 16 10 12 Pan-Amer Pete 65.233 Pan-Amer Pete hila Co 5%s ‘38 nila Co ref 62 A. . Phila & RA C&I5s. Public Service 8s. . Punta Alegre 7s. ks & Co st 7s gfnc(ulr o1l 6s. Sificlalr Of 6%s. ginalatr Ol 7s. Bin COP L6s'28.. Sin Pipe Line 5s... Bkelly O11 6%s. ... Bouth Bell Tel Tide Wat Ol 63%s. Toledo Edn 1st 7 United Drug 8s 'S Rub 1st rf U S Rubber 7% U § Smelter 6 Vi Wattier Sug 78'39. ‘Wather Bug 75 '41. West Elec bs ‘West'n Union estinghouse 7. ickwire Spen 7s. Willys-Ov 63833, Wilson & Co 1st 6s. Wilson & Co cv 6s. Wilson&C cv 7% Winchester A 7%s Youngstn S&T 6s. . i o » Boruneasuonia®own Senaon~ 12 feaa8al % Crama~olnas - 99% 100% 98Y 964 10615 101% 9674 100% 954% 1024 1264 954 100% 1011 98y, TV 2% 993, 105 100% 91% 96 95 a9 100 103 107 100% 100% 100% T4 101% 9444 1085 941 8 107% a1 107% 104% 105% 106% 102% 111 103 104% 109% 120 105 101% V84 944 101% 89% 88% a8 100% 98 85 934 99% 9974 961 122 100% 90% 99% 8314 101% 9% 100 6% 106% 9914 100 98y, 96% 10615 101% 963, 2:60. 102 10 100 22 10116 100 24 101 14 101 24 100 15 10413 2:50. 103% 103% 997 99% 991 85% 6% 86 £6% 70 954 9011 957 94% 103 110% BT 9T 88 9 9914 o3 1017 115 67 116% 106% 108 109 29Y% 100% 485 9674 1064, 101% 96% 100% 954 1024 126 5% 100% 101% 95 87 92% 99% 105 100% 91 9% 94% 99 99% 103 1064 1005 100% 100% 714 101% 84 108% 841 8 107% 91 107% 104% 105% 106% 10244 111 103 104 109% 120 104% RAILROADS, Sales. High, Low. 2:30. Atchisonadj4s... 1 83% 83% BBW Atchison gen 4s... 11 9% 89% 89% Atlantic C L 1st 4s. 18 92 91% 92 Atlantic C Lcl4s.. 6 B7 87 87 AtlanCL4%s'64. 3 91% 91% 91% Atlantic C L 7s 4 106% 106 106 B & O gold 4s. 14 88 88V 684 B&Ocv4ts, 51 92 92 92 B & O ref 53, 4 894 B89% 89U B&O 1st5sct 68 101% 101 101 B&O6s. . 9 103% 103% 103% B&O rf imp 6s.... 11 102% 102 102 B & O Toledo 4s 27 69% 60% 697 B&OPLEWV4s.. 1 86% 864 864 Bklyn-Manhat 65. 50 5% 85% S5% DBuff R & Pitt 4%s. 18/ 86% 86% 86% Canad North 7s... 1 116% 116% 1164 Canad Pacdebds.. 39 79 78% T%% Car Clinch & O 6s.. 13 107% 107% 107% Centof Ga 5%s... 26 102 102 102 Centof Gabs..... 6 104% 104 104 Central Pacific 4s. 54 8y% 884 89% Ches & Ocv 4%s.. 13 96% 96% 96% Ches& Ogn 4%s.. 6 90 69% B9% Ches & O cv 55 50 104% 1034 104% Chi& Altonds.... 6 64 64 64 Chi & Alton 31s.. B8 56 54% Hdle "hi B&Qgn 4s'5%. 1 90 90 90 Chi B&Q 1st rf 5s.. 16 101% 101% 101% CR&Q-T3Ys... 7 B4% 84 8 CR&Q-Olldivis. 13 92 91% 92 hi&E Ignbs.... 44 78% 764 78% *hl GreatWest 18 624 62% 62% *M& PugetSdd4s. 7 56 65 66 : St P4s'28. 921 67 65 StPdb4s... 31 60% 50 StPev4igs 0l 54 53 hd ¢ StPgni%s 11 78 7% 78 StPrf4is. 157 404 47% 47% 100 554 B4 5% 19 97T% 97 3% 754 5 85 85 K 5s.. 22 100% 1007 100% Chi&NW6Ys.... 11 112 111% 112 Chi Rys 5s... 1 Bis BGY% ChIRT&Prf4s..218 88% 874 E84 ChiUnStadlss... 4 924 924 92% Chi&Windends. 8 78 78 178 C&WI5k%s"62 5 98 98 9% CCC & StL TS 68 3 1031 1034 103% Cleve Term Gs.... 16 100 99t 89% Colo & Soudlgs. .. 1 92% 92% 2% Cuba It 1 55 3 87% 874 STu Del Hud ev 5s 20 103% 103% 103% Del & Hnd 515 1 102% 102% 102% Den & Rio Gends. 6 8% B34 Ran D& Rio G Wst5s. 18 60 59% -t United 4%s... 15 BR%4 A8% fe1st consds. .. 1 1% T1% fe gen 45, 14 G4 B4 Erie conv 45 B. . 1 67 67 ErleconvdsD.... 13 74% 73% Erie & Jersey 65.. 8 104% 104 fe Genessee R 63 11 104% 1041 104% and Trunk 7s... 29 116% 116% 11615 eat North 5x 27 4% 944 94K North 5i4x..... 3 100% 100% 100% North gen 7s... 27 110% 110 110 Green B& WdbB. 2 15 15 Hud & Manref5s. 15 87% Fi% +7% Hpd & Manajbs.. 69 72 714 72 HICentral refl 45.. 4 90% 90 90% 11l Central 5 1027 102% 102% 1 C-C 8 9% 9B 98K %= 50% 754% Int Rap Tr 5s Int Rap Tran Int Rap Tran 7s Int & G Nor aj 6s Towa Cent 1st bs. . Kan City Ft S 4s ansas City S 3s 6714 Louls & Nash 7s... 1 106% 106% 106 MIEIRy&L5s... 3 87 87 87 MEK&T1st4 1 80% 80% 80% MK&Tadf5s.... 69 86 K34 5 MK&TprinbsA 3 914 91 91y MK&TS6sC.. 1 103% 103% 103% Mo Pacific gen 43.. 29 65% 65% 5% Mo Pac5s 1926 18 1004 100% 100% Mo Paclfic 55 85 B8W BR ey Mo Pacific 6s. . 9 1014 101 101% Montrl Tm 1st 5s.. 1 97% 97% a7% NOTex& M in5s. 10 94% 941 94y NOT&M5%s.... 11 100% 100 100 YCengen3lss.. 6 78 177% 178 YCenten4s'98. 10 R4% 84 R5, Y Cent deb 4s. 5 91% 94% 94l N Y Centriss 6 101% 100% 101 NYCentdeb6s...171 114 113 113 NYCent1Scl3%s17 76 75 + 15 NYChi& StL5%s, 1 95% 95% 654 NYC&tL6sA 41025 102% 102% New Hav cd 6s 9 91 904 So0u New Haven 7s fr 4 99% 9y Ont W Ist 4s 2 67% 4 w York Ryvajss 4 6 & N ¥ State Ry 41 L 634 654 6% NY W & Bos 434s.. 21 65% 64% G Norfolk & W en 4s. 13 89% 9% 8 orfolk & W ev 65, 78 130% 130 130 Northern Pac 3s. .. 61% 61 61 Northern Pac4s... 3 847 847 8d4% prthern Pac5sD 23 97% 974 67% Northern Pacri6s 21 107% 107% 107% OreShortLref4s. 6 97 96% 96% Ore Sht Len 53 '45. 4 104% 104% 104% Ore-Wash Istrfds ©1 £23% 824 b2u Pennsyl con 4%s.. 23 99% 99% 93y Pennsyl gen 433s.. 12 94% 941§ 94% Pennsyl 5564 - 26 97% 97% 97% Pennsyl gen 5s.. .. 31 103% 103% 103% Pennsyl 6%s. ... 15 110% 110% 110% Pennsyl gold £ 109% 109% 1094 Pere Mrq 1st 45 '56 2 82% B2% 82% Pere Marq 1st 5s.. 24 9k 98% 887 Por RL&P6s'4T. 5 97% 97% 97 Reading gen 4%4s. 32 93% 934 93y Rio G Westclds.. 42 73K 78 173 RIArk & L4%s..138 88% 67 gy St L IM&S 4s "2 - 2 944 9K sS4y St LIM&S R&G 4s. 16 86% £6% rou StL&SFpl4sA.. 47 768 T5% 76% StL&SFprinbs. 7 89% F8% sy L&SF5%sD.. 6 97% 97% 7% St L& S F adj 6s. 10 88 877 7 StL&SFincés.. 21 80% 80% i StL&SFpl6sC.. 5 1027 102% 1025 StLS Wistds.... 1 80% 807 StLS W con 4s'32 St P & KCShL 4%s San A & Arn P 4s.. Seab'd A Liref 4s.. Seab'd A Ladj 5s.. Seab’d A L con 6s..114 Sou Pacific 4s'29.. 14 Sou Pacificclt 4s.. 1 Sou Paclfic ref 4s.. 20 Southern Ry gn 4s. 8 Southern Ry 1st 53 21 Southern Ry 6sct. 8 Southern Ry 63 Term Asso St L4s. Third Ave ref 4s Third Ave adj Union Paclst4s.. 12 Union Pac1st 1t 4s 18 Unlon Pac 48'27..16 Un Pac lstrf6s... 1 Union Paccv 6s... 6 Virginia Ry 1st 68. 52 VaRy&Plstss.. 2 Wabash 1st5s.... 1 100% 100% 100% Western Md 4s.... 14 656 64% 65 Western Pacific 5s 20 934 93% 93% Whel & LE rf 4%s 1 69% 69% 69% Wisconsin Cent4s. 7 81 81 81 CHICAGO LIVE STOCK MARKET CHICAGO, March 13 (United States Department of Agriculture).—Hogs— Reoelpts, 24,000 head; slow 10c higher than Thursday’ prices; underweight strong to 25c higher; big packers doing little; top, 14.10; bulk better, 170 to 300 pound averages, 13.65a14.10; 140 to 150 pound selection, largely 12.85a13.25; bulk packing sows, 12.75a13.10; strong- welght slaughter pigs, mostly 12.25a 12.50. Cattle—Recelpts, 4,000 head; most killing classes steady; top yearlings, 12.00; light beef heifers, 11.00; best welghty steers held around 11.25; bulk fed steers and yearlings, 8.50a 10.50; better grade she stock steady; common fed cows, canners and cut- ters weak to lower; bulls dull at recent decline; welghty bolognas around 4.75: few 4.85; choice me- dium to handy weight veal calves weak; light kinds steady; bulk to packers, 13.00 to 13.00: few 13.50; shippers buying sparingly upward to 14.00; stockers and feeders firm, mostly 7.00a8.25; plain light kind, 6.50a6.75. Sheep—Receipts, 10,000 head; slow; desirable fat lambs opening steady; few handy light lambs upward to 17.50; a0 action on others; bidding weak; talking 16.25 to 16.50 for good kind, averaging around 90 to 92 pounds. Fed sheep and feeding lambs unchanged; good fed ewes, 23 66 29 16 38 89% 8914 235 834 €514 6% 90% 96% 85% 90% 17 4 1014 1045 1063 83 Ga% 43 928 86% 987% 105% 108% 954 954 FINANCI AL. Firm Taken Up by Third Generation| By the Associated Press. NEW YORK, March banking business founded by August Belmont in 1837 and con- tinued by his son, the second August Belmont, who died last Fall, will now be carried on to the third generation of the ~mily. Morgan Belmoent, son of the late banker, has °d the forma- tion of a partpership with Edward Rice, with whom he will con- duct the firm of August Belmont & Co. ulong lines latd down by his father and grandfather. WHEAT COLLAPSES INCHIGARO MARKET Better Prospects for Coming Crop Cause 12-Cent Crash in Today’s Values. 13.—The Py the Associated Press CHICAG! March breaks in carried wl 2 bushel, M had been in of a nearly to a sudden Live o, the 13 —Sensational t down to- delivery, be- progress an ling owing values in the coupled with rains benes this country Big supplies on Al s favorable Europe, added to th the market here. prices, which ran t of widespread al to wheat crop In ocean passage, as eather for crops in selling pressure on Chicago opening A from 1% to 51z cents Tower, with N 10 1.79%; and to 155, were followed by r downturns, but then some- 2 the market apid fu thing of had touched 1.71 for M Corn, vats and prov owing to weakness of the After openir er, May o’ tumble fons ath wheat n it 1 1o 115 corn all gave with the ket cents low- continued at % to 1% c : cents off, , and swiftly d ended 'k of of selling in ahout sion. In the low nsued wheat fo n extreme loss of as compared wit WHEAT— May July Septemier 1845 1895 80 NEW OIL WELLS STARTED. Oka., March 13 (Speclal).— new ofl wells were started in Kansas flelds in the past week and Greenwood countles are = of moSt of the operatic the Cowley the sce BUTTER LOWER TODAY. ere ard: firsts, mery extra 483 extr $01a44%; Highe second; re CF lowe ers, springs, duck: ¢ Eléc. com.—10 ut 108 10 ut 847, 10 at 83, 20 0 at 85, Call loans, 5 and G per cent BONDS. PUBLIC UTILITY Money & < Capital M) Por. Jolut Stoc Rigis ltealty s (long). . Riggs Realty 5s (short). . Wardman Park Hotel Gs STOCKS. PUBLIO UTILIT Capital Washington Ga Wash. & Terminal Taxi District . Farmers & Meehs Feder ct Lineoln . : Natlonal Metropolitan.. Riges . Second s National Bank of W TRUST COMPANY. American Security & Trust..... Continental Trust Merchants’ Jian| National Savings & Talon Trust.. - Washtl Loan & Trast N SAVI Commerce & Sav! TUnited States. Washington Mechanic American TITLB INSURANCBE, ATl 7 Bt MISCELLANEOUS. Merchants' Transfer & St Mergenthaler ~Linotype. Natl. Mtge. & Invest. 0Old Dutel 0ld Duteh Market pfd. Lanston Monotspe. Becurity Stors Washington Marke Yellow Cab.. ;| The merger of the INEW TYPE BUSSES PROVING POPULAR February’s Passengers 50,- 000 More Than in Previous Month, Report Shows. BY CHAS, The popularity of the new decked busses recently put into operation by the Washington Rapid is evidenced by the earr statement of the company fo. February, just filed with the Public Utilitles’ Commission Despite the fact the month wa r days than January 7 pay passengers in exc vious month avatled then facilities. The total 14, as a o SHAE pre fn Januars any state practic is chargeab) double-dec Sixteenth stre {th s are enue producers for th thousands of people the route simply relax fals v all this in four new on lals state the type making tour for the sure and chruary's fer by compa month, despti which hec month nt far the co porate income of $3,81§ | 18 against $4,441 the total, some previc non- Eh the ¢ February's was abnormal which was char on busses tu al revenu: Quring Februar 188, with ope xpenses of $30 Thirty-nine busses were i : month, operatin miles { i ford of the the appointm v Uxe More Oil i n »ads of the 1s mor. 24 thar with me conti arket tod business Ma change fron as a result o in gold reserv, ught down liscount the low e is still abe the volu Mood Moody's Weekl cial Conditions cent less th last year © Review. view of nent is almost to the ) tations tive ple are disa may be th situation The whether st parity trade <5 ise to a parit with trade ity wil with stock whether swift prices. In prie view of this enlgn level 80 high profits up. ction of or holdin, nains true in spite probability that are in a stro on hand at moder: product gins of Erowth goods spo rising in price profit are showing Consumpti promis: to growin opper comp: by trade trends, sion of unfilled activity of the elect business and the plans of raflway s corporations all point to per pri 2 Treasury Loan Allotted. A total of § on the new Tr. 15, according to detafled figur out by Secret: Mellon thi: noon. Of this, 10 repre ed allotments on the additional offer Ing of 4 per cent Treasury bonds « 1944-54, and the rem er was ted In certificates of indebtedness, maturing in nine months, The Richrmond Federal Reserve dis- trict fared to the extent of $1 i of the former ana $7,122,500 of the latter. WEST VIRGINIA BANKS MERGE TO CUT COSTS By the Associated Press. NEW YORK, March 13.—Plans to comsolidate the Dayvton Agricultura Bank with the Virginian Joint Stock Land Bank, both of Charleston, W. Va., were announced yesterday by lo- cal bankers, who will offer 56, shares of the Virginian Bank's capi- tal stock to finance the transaction two institutions, which operate in the same tervitory in West Virginia and southern Ohio. is designed to reduce operating costs and increase earnings. in prosperity TOBACCO FIRM GAINS. NEW YORK, March 13.—American Sumatra Tobacco Co. recovered in the six months ended January 31, 1925, from the depression in its business during the corresponding period a year ago, net income of $285,215 be- fore depreciation, being equal to $14.52 a share on the preferred stock on which no dividends hav been pald since September, 1921. This com- pares with net loss of $460,105, for ibe) aic mouthsicadsd Janussy 31, 924. et O0TIS STEEL IMPROVES. NEW YORK, March 13.—Februar business of the Otis Steel Co. showe improvement, production of finished steel products exceeded 34,000 tons, a higher rate than January, alth a short month. Shipments of 3. tons also were slightly larger than in January and exceeded those of February, 1921, by about 10 per cent.