Evening Star Newspaper, March 14, 1925, Page 14

e b FINANCIAL. STOCKS IN RALLY INBRIEF SESSION Less Urgent Selling Noted in i Market Today—Heavy Short Covering. Ty the Associated Press. EW YORK, March 14—Rallying tendencies developed in today's brief session of the stock market after an carly perlod of heaviness which ap- parently was due to the elimination of weak speculative accounts. Commission houses reported that the recent drastic decline in wheat yrices and the approach of tax day 1:2:d brought about the urgent selling of stocks, which appeared to have run §i5 course this morning. The demand for equipments was rtimulated by the announcement that tho railroads had placed orders aggre- Fating $9,000,000 during the week, a #pecial reason for the strength of Union Tank Car being the large cash Loldings shown in the annual balance Eheet. St Joseph Lead advanced 3 points to a record top, and American Can, General Electric and Mack Truck all showed substantial gains on the day. The closing was firm. Total sales approximated 500,000 shares. EQUIPMENTS STRONGEST. Oils Very Weak—st. Paul Issues in New Collapse. Eneeial Dispateh to The Star. YORK, March 14.—The mar- as unsettled for @ time again | , still feeling the effec f the | ymmotion produced by Friday's col- | Japse in wheat. There was, however, big interest which began to func- n after prices had dropped off in | ho first half hour. Short covering ought about a moderate rally in the later trading. ¥quipment stocks gave about the Dest account of themselves of any Eroup—American Locomotive, Amer- jcan Car and Foundry and Baldwin. Bathlehem Steel sold at a new low of 43. Steel common sold most of the time slightly under 123. Oils Especlally Weak. The oils were conspicuously weak in the early trading. Pool support in Independent Oil and Gas was relaxed nd the stock broke from 31 to under Pacific Oil, California Petroleum and other recent favorites also de- clined. It was noticeable that the oils were rather reluctant to join in the rally in the final hour. Allis Chalmers was very strong and Laclede Gas took another jump. American Woolens dropped below 43, but subsequently responded to short co¥ering. St. Pauls Again Tumble. At the close the fresh collapse in the St. Paul lssues was the feature. On very large blocks St. Paul pre- ferred broke to a new low of 15. The common was equally heavily sold. Reports of tentative plans for pro- tective committees to look after the interest of bondholders were directly responsible for the selling. Markets at a Glance NEW YORK.—Stocks, Joseph lead rises 3 points to new high. Bon irregular; Serbian 8s| active. Foreign exchanges, steady; sterling continues to gain. Cotton, higher; absence of rain Southwest Sugar, featureless. Coftee, firm; com- | mission-house buying. firm; St CHICAGO.—Wheat steadier; foreign | ying. Corn firm veather. Cattle steady ZINC EARNINGS DROP. NEW YORK, March ting deflcit of $191 -ported by the Cal ».. income for the y rived chiefly from stment bonds. Joh 'nt, said the company’s financial po tion was sound, amounting » $847,712 against liabilities of only | 411, and representing a current | sets ratio of 68 to 10 over labili- unfavorable { Hogs lower. 14.—An oper- PABIS MARKET }{EAVY PARIS, March he on the bou per cent rentes, 47 f change on London centimes. Five per francs 80 centimes. The dollar was quoted at 19 francs 39 centimes francs 85 cent loan, 56 WILL HOLD RADIO SHARES. NEW YORK. March 14—The Gen- eral Electric Co. has given no con- sideration to distribution of its hold- ings of Radio Corporation common stock and has every intention of re- taining its shares, it was stated offi- clally yesterday. The company owns more than 250,000 shares of Radio common, with a current market value of about $14,000,000. £ =i s LEAD OUTPUT DROPS. NEW YORK, March 14—Produc- tion of lead in the United States and Mexico during February declined to | 17 short tons from 63.43s in Janu- The output of refined lead was i1 tons, about 7,000 tons less than danuary. EAR.NINGS IMPROVE. NEW YORK, March 14.—Earnings of the Merchants’ and Miners’ Transpor- tation Company for 1924 show im- provement over the year before. Bal- ance after taxes and charges amount- ed to $837, . equal to §1 a share on the capital stock, against §565,329 or $1 7 a share in 1923, —. GERMAN STOCKS AND BONDS. (Quoted in doliars per million marks.) Hid. " Asked. 1800.60 00 | Ger Gt (war loan) Tiamburg 4155 1019 %38 (for: Gt 8158 1 (Guoted n doilars per thousand D Elec 4%n 1019 S Tow & 48 pre ier Line tiga. " North 5 4358 North German' Lloxd Prossian Consols Krapp s 1921, Dussldort 45 pre-war. Frankfort a-M 4x pre-war.... Munich & pre-wars he ‘Anflin: 255 (Ger Ge Fiee) 010 rz and Privat Bank Ge Sierii Ham Hambe Trresdner Bank . Ireutsche T Darmststedter Bank Bercer Baok Vienna CHICAGO STOCK MARKET, CHICAGO, March 14.—Following is a list of today's sales, high, low and closing quotations at the Chicago; ck Exchange: Low. Close. Kraft Middle West Itenl Silk Ryan Car '.lllll ewart Warner. . ift & Co. Swift Tntl T'n Carh & Carb { Callahan Zin T HE EVENING NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Oftice & Open. High. Low. Close. AdamsExp (6).. 91 97 97 97 Adv Rumley. 16 16 16 16 Air Reduct (15). 101 101 100% 101 Ajax Rubber.... 11% 11% 11% 11% AllAm Cable (7) 322 122 122 122 Allled Chern (4). 86% 87 86% 87 Allis Chalm (4). BA% B84% 83% B4U Am Agricul Chm 16% 16% 16% 16% Am Beet Sug (4) 89% 89% 39% 39% 84% 85 B84k 84% Am Brk Shoe (5) 98% 98% 97% 98 AmCan (17).... 178% 181% 176% 180% Am Car & F (12) 2224 226 222 226 AmChain A (2). 24% 24% 24% 21% Am Chicle. .. 4% 4T% ATHR 4T% Am Chiclectfs.. 431 43% d43% 43% Am Drug (60c). b% 5% 6% 0% Am Express (6). 142 148% 1424 143% Am & For Pow.. 30% 804 380% 80% Am&FrPopf (1) 921 92% 91 91 Am Internatl.... 86 86 86 86 AmLaFran (). 124 12% 124 124 Am Linseed..... 25% 25% 26% 25% Am Loco (118).. 140% 142% 140% 1424 AmMetal (3)... 48% 48% 48% 48w Am Radiator (4) 964 97% 96% 974 Am Safty Rz (3) B6% b7 565% BB Am Ship & Com. 12 12 11% 11% Am Sm & Ref (6) 97% 97% 97 9% Am St1 Fdys (3). 51 50% 61 Am Sugar. . 63% 63% 64% Am Sumatra. . 16% 15 16 AmT & Tel (9).. 186 135% 136 Am Tobacco (7). 88% 884 88% Am Tobac B (7). B7% 87% 87% ‘Am Tobac pf (§). 105 106 Am WW&ZI 30c. 41% 41 Am W W pf (6).. 108 103 Am Woolen. 42% 2% Am Wool pf (7). 86% 85 AmZincpf...... 28 27% Anaconda (3)... 40 89% Ann Arbor pf 43 43 Archer-Daniels. 82% Armour Del (7). 98 Arn Cons & Co 9% Asso Dry G (5).. 179 Ass0 Ol (1%)... 84% AtT&SFe (7). Atl Birm & At. At Coast L (19 AtGulf & WI... At Gulf & Wi pt. Atlantic Refin. . Atlas Tack. Baldwin L (7).. Bal & Ohlo (5). Bal & Oh pf (4). Barnsdall A. Barnsdall B. Beech Nut (13) Bethlehem Steel. Booth Fisherles. Briggs Mfg(3%) Bkl Edison (8).. Bkl-Man Tran. . Bkl-Man T pf (6) Bkl Union G (4). Efown Shoe (4). Brown Sh pf (7). Bruns-Ralk (%0¢c) Burns Bro (10) Burns Br B (2).. Bur Add Ma (3). Bush Term (5) .. Eutte Cop (50¢). Butte & Su (50) . Butterick Co Caddo Central. Cal Pete (1%)... Calif Pet pf (7). 9% * 36 6% sla 4 81% 80 70 99% 39% 964% 18% 814 1% 6% 18% 2014 1% 80% 113% . 8% Can Pacific (10). 147% Cent Leather. .. Cent Leather pf. Century RIb (2). Cero d Fasco (4) Certain-Teed. Certain-T 2d Chand Mot (3) . Ches & Ohio (4). Chi & Alton. . Chi & Alton pf. | Chi Great West. Chi Gr West pf Chi Mil &St P... ChiMil & SP pf. Chi & Nwn (4) Chi Pneu T (5) Chi R1& Pac. .. Crilds Company . Chile Cop (2%) . Coca-Cola (7)... Colo Fuel & Iron Colo Southern. .. Col G & E (2.60). Com Inv (2.50).. i Com In Tr pf (7) Com Solv A (4).. Com Solv B Congol-Nrn (3). Consol Cigar-. ... Con Distributrs. Consol Gas (5) Cont Can (4).... nt Can pf (7). ont Insur (6) Cont Mot (80c) Corn Prod (2). Cosden Co. Crucible Stl (4). Cub Am Sug (3). Cuban Cane Sug. Cub Cane Su pf.. Cuba Dominican Cuyamel Fr (4) Daniel Boone Davison Chem. Del & Hud (9) . . Dome Mines (2 Dupont (10). Eastman (18). Eaton Axle Elec St Bat (15). Emmerson Brut. Erie 1st pf. Exchange Bf ( Fairbks (2.60) Famous P1 (8)... Famous pt (8). . Fed Mines pf (1) Fisher Body (5). Fish Bd O pf (8) Fisk Rubber. Fisk R 1st (1). . Fleischmann (4) Foundation rts.. Freeport-Texas. Gardner Motor... Gen Am Tnk (3) Gen Asphalt. . Gen Clgar (8)... 2) | Gen Electric (8) Gen El spl (60¢). Gen Motors (6). Gen Mot pf (7) Gen Petrol (2) | Gimbel Br pf Ginter Co (1%). Glidden Co...... Goodrich. . Goodrich pf (7). Goodyear pf.... Gdyear prior (8) Granby Consol.. Grt North pf (5) Grt Nor Ore (4) . Grt Wstn Su (8). Gt West S pf (7). Greene Canan. Guif Mo & Nor Gulf St Steel (5). 87l Hartman (2%).. 80% Hayes Wheel (3) 80 Hays W pf (73%)1103% Helme G (6.75).. 18 Hoe & Co A (4).. 47 House P (13%).. 36% Houston Oil 5% Hudson Ma 24 Hudson Mot (2). 42% Hupp Mot (1)... 15% Tllinois Cent (7). 114% Independ Oil (1) 30% Indian Motorcy. 14% Indian Refining. 7% Inland Sti (234). 45 Inspiration Cop. 26 Interb Rap Tr... 26 Internat Agri... 10 Int Com Eng (2). 39% Int Mer Marine.. 11% Tut Mer Mar pf.. 43 Int Nickel. 26% Int Paper. . 49% Int Ry Cent Am. 18% [nt Tel & Tel (6) 93 Jones Eros Tea Jordan Mot (3). Kan City South. Kelly-Spring. .. Kelsey Whi (6). Kennecott (3).. Keystone T & R. | Laclede Gas (8 Lehigh Val ( Wrigley Yellow’ Tellow tal sale shares. Liz & Myrs rgts. Lig & My B (14). 59% Lima Loco (4) Loews Inc (2) Long Bell A (1). Loose-Wiles Lorrillare (2. Loulsiana Oil. Ludlum (2). MclIntyre (1). Mackay pf (4)... Mack Treks (6) . Macy HR & Co.. Magma Copper. . Mallinson & Co. . Man El Sup (4).. Man El md(3%). Man Shirt (13%) . Maracaibo Oil Market St pf.... Marland Oil..... Mar-Rock (25¢). Martin-Pry (4). Mathleson Alka. Maxwell Mot A.. Maxwell Mot B.. May Dept St (5), Metro G pf (1.89) Mexican Seabd Miami Cop (2).. Middle States. .. Minn & St Louls. Mis Kan & Tex.. MK&Tpt (5).. Missourl Pacific. Missouri Pac pf. Mont Power (4). Montgom Ward. Moon Mot (3). .. Mother Lode 75¢ Munsingwr (3).. Murray (2.40)... Nasb Mot (t11).. Nat Acme (sta). Nat Biscult (t4). Nat Distillers pf. at Enamel & S, Nat Lead (8). t Supply (3).. Vevada Copper. N Y Canners (2). Central (7). NH & Hart, N Y O & Westn. Norfolk South. . Norf & W (18) North Am (3.40) North Am pf (3). North Pac (5)... Nynnally (1).... Otis Elev (15%) . Otis Elev pf (). Otis Steel. ... Otis Steel pf Owens Bot (3).. Pacific il (2) Packard (11%). Pan-Amer (6).. Pan-Amer B (8) Parlk & Tilford. Penn C & Cke. .. Pennsy RR (3). Penn Seab Steel. PhiaCo (4)..... Phila& RC & I. Phillip Morris. Phillips Pet (2). Plerce-Arrow Plerce Oil. .. Plerce Petrol. Pitts Coal. . Pitts Coal pf (6) Pitts Ut ctfs 1.20 Pitts & West Va. Postum-Cer (4). Press Steel Car. Prod & Refiners. Pub SerNJ (5). Pub Serv rts (n) Pub S NJ pt (). Pullman Co (8) . Punta Al Su (5). Pure Oil (13%).. Radio Corpof A. Radlo C pf (31) *RSIICefs (4). Ry Stl Spg (8).. Ray Cons Cop Reading (4). Reading 1st (2). Remington Type Replogle Steel. . Rep Ir & Steel.. Reynolds Sp (1). Rey Tob B (3) Rossia Ins (6) Roy Duth 4.42 St Joseph Ld (2) St L & San F (65) StL SanF pf (6). St L Southwest. Savage Arms. Seaboard AfrL.. Seabd Air L pf. . Sears-Roebk (6) Shattuck-Ariz. . Shell Un (1.40) .. Simmons Co (2) . Simms Pet (50¢) Sinclair O1l. Skelly Ofl....... Sloss-Sheft (6).. South Pac (6)... Southern Ry (5) South Ry pf(5). Spicer Mfg. ... .. Std Gas & Bl ( St Ol Calif (2).. StOIINJT (1). StOIINJ pf (). Sterling Pr (15). tew Warnr (5). Stromberg (6) .. Studebaker (4). Submarine Boat. Supgrior Oil. Supdrior Stl (3). Sweets (new)... Symington. . Symington A (2) Tennessee Cop. . Texas Co (3). . Tex G Sul (W‘/g) Tex & Pacific. Tex & Pac C & O Tide Wat Oil (4) Timken (13%).. Tobac Prod (6. Transcont Oil. .. Underwood (3). Un Bag & Paper. Union Oil. 5 Union Ofl (1.80). Un Pacific (10).. Un Pacific pt (4) Un Tank Car (5) Utd Alloy Steel. Utd Clgar (13%) United Drug (6) Utd Dyewood. ... U S Cast Iron P.. U S Distributing U S Hoff (2).... U S Ind Alcohol. U S Rubber..... U S Smelting. U 8 Steel (17). U S Steel pf (7). Universal Pipe. . Univer P pf (7). Utah Copper (4) Utah Securities. Va-Caro Chem.. Va-Caro Ch pf. . Va Ry & Power. Wabash. ... Wabash pf A. Waldorf (1%) .. Ward Baking B. ‘Ward Bak pf (7) ‘Weber (4)...... West Pen (4). .. West Elc pf (7). West Maryland. ‘Western Pacific. West Pac pt (6). ‘Westinghse (4) Weston Elec. Wheel & L E pf. White Eagle (2) White Mot (4).. Wilson & Co.... Wi‘son & Co pf. Willys-Overind. Wills-Over pf Woolworth (3). Worthington. Worthington B. ! 1yright Aero (1) Wrigley (13%).. *0dd lots trart Dividen re the 138% 76 37% 27% 56% 48 254 804 26 40% 10% 824 63 87 55 107% 19% 15 13 1% 8% 87% 824% 377% 9% 69 45% 24% % 32 4a 265 5 68 65% 33% . 1563% 64% 14 834 lzw 914 4@ 68% 10 101 104 9 54 46% 58% 18% 6% 7% 30% 16% 46% 2 54 45% 13% 41% 12% 21 4% 50 26 69% 39% 4% 39 40 % 39% 146% 4% 122% 29 734 115% 20 216 83% 23% 81 39w 38% 1224 128% 39% 81% 86% 62 2% 11 82% 1% 25% 64 16% 41 99% 524 114 116% 11% 41% 93 7% 10% 21 27% 63 8% 28% 12% 86% 114% [ 1% 17% wise noted, dividends are not included. 146% 74% 123 29 74% 116 20 221% 344 28% 81% 39% 33% 123% 123% 40% B1% 86% 65% 2% 11 824 1% 25% 64k 16% 41 99% 52% 118 116% 14% 4au 93% % 10% 27 27% 63% 8% 28% 128 86% 116% 65% 1% 18% 49% reterred n_the ents 8214 114 26% 64% 16% 40% 99% 62% 118 116% 14 43% 93% 1% 10% 27 27% &3 8% 27% 12% 6% 116% 65 1% 18% 49% 63 8% 27 124 85% 114% 634 % 17% 49% k. above table based on_the 4| rup-up in Manila Electric bs. i STAR, WASHINGTON, HIGH-GRADE RAIL BONDS DEMANDED tlantic Coast Line Among Favored issues—More St. Paul Selling. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, March 14—The feature of the bond market at the close of the week was the demand for the high- grade railroad issues coming within the “legal for savings bank” class. Prices did not advance, but the steadi- ness of these lssues in the face of the weakness in the more speculative descriptions was very impressive tes- timony as to the abundant supply of investment capital. Atchison General 4s, the typlcal bonds of this kind sold within a frac- tion of Its high of the vear, and Chi- cago, Burlington and Quincy-Illinois Division 4s, Southern Pacific refund- ing 4s, Atlantic Coast Line first 4s and New York Central 0s, were all very firm. In the foreign group the leader was again the Jugoslav 8s, which made another new high, this time above 9. There was no sympathetic re- sponse in other foreign bonds. Hungarian 7%s and Czechoslovak 8s both sagged. In the South Ameri- can division the Argentines were fairly firm, but Peruvian 85 were tractionally lower. Speculative bonds, both raflroads and industrials, were affected by the weakness in stocks. The St. Paul 4s of 1925 were again heavily sold Among the sugars Warner Sugar 7T were especially we dropping a point and a half on a single string of transactions. There v sharp CHICAG;) I.I;E STOCK MARKET | CHICAGO, March 14.—(United States Department of Agriculture)—Hogs— Receipts, 5,000 head; uneven; mostly teady at Friday's low point; 15 to 25 ower than yesterday's opening; un- derweights weak to 25 off; top, 13.8 bulk 170 to 300 pound averages, 13.50a bulk 140 to 150 pound kinds, 13.00; bulk packing sows, 12.70a .90; majority strong weight slaugh- ter pigs, 12.00a12.25; estimated hold- over, 5,000 head. Cattle—Receipts, 5,000 head, com- | pared to week ago fed steers, | vearlings and fat she stock generally 25 higher; spots up 25a40 on lower grade steers; better grade welghty steers closing 15a25 under week's best time; canners ad cutters, steady | to 25 up: bulls, 25a40 lower; veal calves steady to weak, stockers and feeders scarce; in broad demand on country account, mostly 25a40 high- er; top yearlings for week, 12.35; part load, 12.50; top heavy steers, 12.00; best big weight, averaging 1,458 pounds, 11.90; bulk prices follow; beef steers, 9.00a11.00; fat cows, 5.00a 00; helfers, 7.25a8.50; canners and cutters, 3.25a4.25; veal calves, 11.50a 13.00; stockers and feeders, 7.00a$.00. ! Sheep—Receipts none; for week around 28,000 direct and 169 double- deck feed lots; compared & week ago fat lambs, 75a1.00 lower; fed sheep steady; breeding lambs, 25a50 lower; bulk prices for heavyweight lambs, 17 treme top for week, 18.00; closing top, 17.50; bulk, good 90 to 94 pound weight, 16.00a16.50; extremely welghty 15.00a15.50; freshly sheared 13.90a14.40; fat wool ewes, 9.50 top, 10.75; shorn ewes, 9.15a feeding #nd shearing lambs, RATES ON BAR SILVER. LONDON, March 14—Bar silver, 31 15-16 pence per ounce. Money, 3% per cent. Discount rates, short and three-month bills, 4 7-16a4% per cent. Washington Stock Exchange. SALES. ‘Washington Rwr. & -Elee. 45—$1,000 at 80. Wanimap Park Hotel 8s—$1,000 at 10 $300 at 101 SARRCE omesican Becurity and Trust Co.—7 at 325, 325 2 National Mtge. & Tnvest. pfd.—30 at 9%. . AFTER CALL. Washington Rwy. & Elec. 45—$1,000 at 80, e on Gas 6s '33—$500 at 103%, $300 Washis | at 203%, & Washington Rwy. & Elec. pfd.—10 at 8214 hater Lino at 184, 30 at 154, hater Linotype Wome n—$10,000 at 0. Rwy. & £ 101% i Tracilon Co.—100 at 90%. 20 at 90%, G at B0%, 20 at 0%, 30 at at 90% UNLISTED DEPT. Chapin-Sacks Mfg. 8% pfd.—4 at 93. Diatrict Title lusarance Co. —12 at 10%5. Washington Titls Tns. Co.—14 ot & BONDS. PUBLIC UTILITY. Bid. Asked. 0% . American Tel. & Telga. 4s..... American Tel. & Telga. 41as. Am. Tel. & Tel. ctl.tr. Am, Tel. & Tel. conv. 6 Anscostia & Poto Anacostla & Poto & P, Telephone o pital Traction R. | Marseille 6s | Andes 7s Potomac [ Dotomas Fiec. o 1005, Pot. Elec. Pow. K. h., Alex. & Mt b, Alex. & Mt Wash., Wi Rwy. & 3 Rwy. & Elec. Sobfery bid, 61 “ll’dmln Park Hotel s, STOCKS. PUBLIC UTILITY. merican Tel. & Te| jtal Tract! hington G olk & Wa ‘ash. Rwy. & Elec. com Wash. Rwy. & Elec. pfd Terminal Taxi com. ATIONAL BA: National Capita District mers & Mec Federal-American Liverty . National Bank of Washington.. TRUST COMPANY. American Security & Trust..... Continental i Merchants’ Bank. National Savi: Tnion Tru r\\‘unmgum Loan & Trus SAVINGS BANK. East Washington. Security Savings & Commerce.. reet. MISCELLANEQUS. Merchants’ Transter & Storage. , Nergeatnater Linotye. Natl Mt nvest. pri. 7 Dotk Marker com. e Market pra- Moot pe 110 1182 5 declarations. xi Tor " ipeeial | Nnin ik | Yeliow Cab. . 1 ®Ex. dividend. {17 ex. dividend, D. C. SATURDAY, MARCH 14, 1925. I NEW YORK BONDS STOCK EXCHANGE | Recelved by Private Wire Direct to The Star Office. UNITED STATES BONDS. (Sales are in $1,000.) Sales. High. Low. 65 101 12 101 10 55 101 18 101 14 208 100 25 100 23 96 10116 10113 163 10124 10122 226 100 16 100 15 Lib3%s Lib 1st 4 US4s1944. UsS4ys's2. FOREIGN. Sales. High. Low. 83% 83% 6% . 4 84 . 61 96% .66 964% 102% 95% 9% 86% 94 109% 107% Argentine 53 Argentine 68 A. Argentine 6s B Argentine 7s Austria Ts. Bank of Japan 6s. Belgium 6s. Belgium fi‘&l wi.. Belgium T%s Belgium 8s Bolivia 88 Brazil 7s. Brazil 7 Brazll 8s. Canada 5s 1926. Canada bs 1952, Canada 515 1929.. Chile 7 1943. Chile 85 1926 Chinese Gov Ry s Con Pow Japan 7s. Copenhagen 5%s. . Cuba 5ls. .. Czecho 85 1961.... Czecho 85 1952 ct Denmark 6s Denmark 8 D EI5%s Nov 53 Dutch East I 65 '47 Dutch East 165’62 Finland s £ 68'45.. Framerican 7%s. . French 7s.. French 7345. French 8s German Ger Gen 96 94 - - e e Hungary 633s. . Japanese 61:s. Jergens U M 6847 @ mx‘—mnam._nnm-o..-:m—»Z‘.mm-—um-amu> Rarebracscawonanansema etherlands 6s'54. etherlands 6s orway 6s 1948. . Norway 68 1944. .. Norway 68 1952. Norway 8s. Orlent Dev deb 6s. Paris-Ly’s-Med 63. Paris Orleans 7s Poland 8s '50 wi Prague 7138 Queensland 7s. ... Rio Gr Do Sul 8s. . Sao Paulo City Seine Dept of Serbs Crot Slo 8s. Sweden 58 ct. Sweden 6s. . . s Swies 5148 1946, . . Ud Kingm 5345 Ud Kingm 5%s " 100 11 N 95 80 - 110% 964 97% B8R 89% 994 103% 102 116 106% .518 11 MISCELLANEOUS. Ajax Rubber 8s... 10 99 Am Agr Chem Tizs 11 100% Am Chain st 6s'33, 98% Am Smlt & R 18t 52 96% AmSugref6s..... 101% AmT&Tcltris.. 12 96% AmT& Tcltrbs.. 1 100% AmT&Ts{15s. 95% Am T & Tdeb 51 102 Am Water Wks o8 95% Anaconda 1st 6s... 15 100% Anaconda cv db Ts 101% %epd. .. Armour & Co 4 Armour Del 53s.. 10 | Associated Ol 6s. . Atlantic Refin 6s. . Barnsdall s f 8s. Bell Tel Pa5s.... Beth Steel pmySs. . Beth Steel s { Bklyn Ed gen Bush T Bldg 55 '60. Calif Pete 615s. Chile Copper 6 Col Gas & E1 5s. Col Gs & El 5s sta. Commonwth P 6s.. Con Coal Md 1st &3 Con GNY Consumers Pow &8 12 Cuba Cane cv d §s. Cuban Am Sue 8s. Denver Gas5s. ... Dery (DG) Ts. .. Det Edison 55 '40.. Det Edison ref 6s Du Pont de N 7148, Duq L&P 53549, Duquesne Light 6s Est Cuba Sug 7348 Empire G&F T12s. Fisk Rubber & Gen Elecdeb 5s. .. Gen Refractres 6s. Goodrich 6% Goodyear 8s 1931 Goodyear 85 1941. Hershey 6s 1942 Illinois Bell 1st 5. Illinois Steel 415s. Indiana Steel 58 Tnt Mer Marine 6s. KCP&LtS Kan G & E 6 Lackawa§ 5s Lacl G ref 55 "34 Laclede G 518" Liggett & Myrs 5s. Magma Cop cv Ts.. Manati Sug sf 7%s Marland Oil 8s 31, Midvale Steel 5s... Montana Pow 5s. . Mor's&Co 1st 4%48. $ Y Ed 58’44 wi... ¥ Y Edenlst 6145 3 EL H&P 5s. N Y Tel4ias : S Y Tel 6s°41.. NY Tel 63749 . North Am Ed 6s Sorth Am Ed 61s. Nor Ohio T&L 6s. . Nor States Pow 5s. Otis Steel T14s.... Otls Steel 8s. Pacific Gas & El 6 PacT& T 1stbs... Pac T & T58'52... B4 Pan-Amer Pete 6s. 8 51117% Phila Coref 6s A.. 2 104% Phila & Rd C&I 51 101 Pierce-Arrow 8s.. 94 Public Service 6: 96% Punta Alegre 7s. 104% Sharon Stl H §s 106% Sinclair Of1 6s. .. 11 Sinclair Oll 6%s. 83 Sin CO P L 65 2! 100 Skelly Ol1 6%s. 112% South Bell Tel 5 100 Southwest Bell 5s. 98% Sug Est Orient 7s. 97 Tenn Elec Pow 6s. 2 102 Tide Wat Oll 6%s5. 5 103 Toledo Edn 1st 7s. 11 110 Union Bag & P 6s. [T United Drug 6 101% U S Rub 1st rf 5s.. 86 U S Rubber 7%s 106% U SSteel s f5s. 105% Utah Pow & Lt 58 941 Va-Car Chem 86 Va-Car Ch 7%s w. 9% ‘Warner Sug 75 '39. 814 Warner Sug 78 "41. 95% West Elec 5s. 98% Westinghouse T 107% ‘Wilson & Co 1st 6s. 95 Wilson & Cocv 6s. 45 T1% Wilson&C ev 7%s. 15 T1% 9 984 Nm-uow;z-‘»—uun\:qh-munw aBpenResanEaSanan 10 i5 6 14 Youngstn S&T 6s. . o DIVIDENDS. Corp. Period. Rate. Payable. Abitibl P & P rf Q lfl Cgo RI‘[ Equip. > 1 Se CC& 6’“] Can C C LM pf. Crown Fin Corp. Mid Tl pr e Mex Pets Do. pM..V Miller _Rubber. 8 s ¢ Pl Vie 'Tl‘k Mach, Do. pfd.. wWI& Sea Apr 20 Aoe 2 Apr Abr Apr 13 Apr 1 The zebra is the the borse family. 102% 95% 99% 86% 1027 103% 99% 9% 85% 6% 86% Close. 102 10 101 18 100 23 16113 101 24 100 15 1 104 20 104 20 104 20 Close. 96% 96% 102% 109% 103 103% 100 100 9% 11 86 6% 86 95 9011 110% 110% 96% 97% _ 881 T 88U e 99% 99% 103% 101% 964 % 9% 103% 101% % 116 106% Mar 17 ! firsts to extra firsts, African member of l RAILROADS. Sales. High. 4 89% B9% 92% 91% £6% E6% 92 92 100 100 a8y 88% 92% 92% 891 89% 1014% 101 103% 103% 102% 102% 86% 86% 854 85% 118% 118% 79% 19% 107% 10T% 102 102 Byl 88% 90 59% 104 103% 55% 56% 928, 92 T8 1% 6% 62% [ 55 _54 _ 50%” 49% 8 1% 49% 484 544 53% 98 97% 100% 100% 85% 85% 88 87w 76 16 924 92% 78 1Th 98 98 9615 96% 103% 108% 9814 98% 921 92% 87% 87 1044 1044 83% 834 60 59% T1% 7% 643 64% 104 103% 108% 108'% 1074 10715 116% 116'% 4% €3% 100% 100% 110% 109% 15 15 864 B6IL 87% &7 983718 924 924 1025 102% 981, 984 69 63% 68 67% 8% 734 921 92% 105% 164% n 23 % 89% 96 % 100 100 106% 1034 62 62 6% B6% 28 0 2% 87% T4 855 91% 91 103% 1034 6344 64% 100% 100 8T 8T% 161% 101% 96% 96% 947% 94% 100% 100% 924 924 844 Bl 944 944 101% 101 13 112% 95 94% 91 90% 65 65 647 64% 130 130 97 97 107% 107 105 105 94% 94% TR 974 10315 10315 110% 110 109 109 98% 9714 93% 878 941y 8619 5 £3% 975 873 80% Low. Close. 89% 92% 86% 92 100 88% 92% 89% 101 103% 102% 86 854 118% 794 107% 102 83% 89% 104 55% 92% 78 62% 55% 54 49% Atchison gen 4s. .. Atlantic C L 1st 4s. 17 Atlantic C Lci 4s.. 1 Atlan C L 4% '64. Bklyn-Manhat 6s. Canad North 6%s. Canad Pac deb 4s. . Car Clinch & O 6s. Centof Gab%s. .. Central Pacific 4s. Ches & O gn 4%s. . Ches & O cv bs. ... Chi & Alton 3%s. . CB&Q-Olldiv4s. Chi& EIgn Chi GreatWest 4s. IM & Puget Sd 4s. M &St P s CM&StPdbids... 76 CM&StPgnils 2 CM&StPrf4ls. 119 CM&StPevbs CM&StP6s..... Chi & N W ref 5s.. Chi Rys 58 : ChiRT&Prf 4s.. ChiTH&SE 5s.. Chi Un Sta 4148 Chi & W Ind cn 4s. C&WI5%s'62 CCC & St L 5s. CCC&StLrf6s A. S1st4s’29.... Colo & Sou 44s. .. Cuba R R bs. Del Hud c Den & Rio 172 & Jersey 6s. fe con ext 7s. .. een B & W db B. Havana ERL&P 5s 111 Central ref 45 1ll Central 5 111 C-C St L&NO 58 Int Rap Tran 5s. . Int Rap Tr & Nlpd Int Rap Tran 6s Int Rap Tran 7s Lehigh Val 5 Louis & Nash 5%s Manhat Ry cn 4s.. MilEl Ry & L5s... M & St L1strf 4s.. A StP & SSMGlzs. K& T prin 65 A. \m Pacific gen 4s Mo Pac 5s 1926 Mo Pacific 55 '65. . Mo Pacific 6s Montrl Tm 1st 53 N O Tex & M in bs NOT&M5s. ... N O Tex & M 55 B. . N'Y Cent cn 4s 98 N Y Centdeb 4s. N Y Centri X Y Cent deb 65 Chi & St L5 New Hav cd 6. ate Ry Y W & Bos 4 Norfolk & W Northern Pac Ore Sht L cn Pennsyl gen 4 Pennsyl 55 '64 Pennsyl gen Pennsyl 6% Pennsyl gold 7 Pere Marg 1st Por R L& P 6s " Reading gen 4145, RIArk & Li414s.. St L IM&S 4529 L IM&S R&G 4s. LESEplisd SFprinss. StL&SFadj6s.. StL&SF inc6s. . S W con 4s 32 KCShL 4155159 3 101% 1010 83% 834 65 65 7% Ty 90 ggsg 97 9644 8 86 80% 90% T TR 1014 1013 109% 109t bdte 5ty 425 42 93 g3 861 861 104 103% 96% 963, 101 101 95% 954 94 93y 82% 82y San A & Arn P 4s.. Seab'd A Lref 45 Seab'd A Ladj Seab'd A Licon 6s. . Sou Pacific 45 '29 Sou Pacific clt 4 Sou Pacific ref Southern Ry gn 4 Southern Ry 1st 53 Southern Ry 6155. Third Ave ref 4s. Third Ave adj 5s Union Pac 1st 4s. Union Pac 1st rf 4s Union Pac cv 65 Virginia Ry 1st 5s. Wabash 1st 5s Wabash 2d 5s Western Pacific bs West Shore 1st 4s. 3; TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) ——Close.——, Bid. Ofter. 100816 100 15 - 992732 99313 1002932 101 1015, 10074 1017 1017 4338 June 15, 1 28,5 September i3s December 1%s March 15 4338 December SHORT-TERM SECURITIES. (Quotatiods furnished by Redmond & Co.) Close.—, a. d Aluminum Co. of Amer. 7a 1933, 107 Ame: Sugar 68 1987........ 1018 American Tel. & Tel. 6x 1025 12813 Asaconda Corpar G 197 Baitimore & Ohio s Bell Tel. of Canada Bs Central of Georgla 6s 1921 Cent. Leather 5n April 15, 1925, Cht. MUl & Bt Puni 6 1034 Continental Gas & E Du_ Pont 7i%s 1981. Federal Sngar Ref. Federated Metals 75 1939 Goodyear T. & R. 8s 1831 Great Northera Ts 1936 Gt ol Corp. of Pa. 5% 1021 Humble 01l 6%s 1 PebiEn pow. Sec. Corp. 6a 1021, M., St. P. & §. 8. M. 6%s 1931, Morris & 4 New York Oregon Short Line 4s 1920 Penna, R K. 7o 1080, 00 Pure Oil 5%s, Sugns Switt & Co. Gs 1982, Tidewater Ol 635 1031 Union Tank Car 7s 1930 .S, Rubber 7i4s 1930 Western Unlon 6i4s 1083 Westinghouse E. & M. 07 e Body Corpe 86" 10371 calied “tor par ment February 1, 1025, at 101%. Fisher Body Corp. ds 1028 called. for pay- ment February 1, 1925, at 1 st NEW YORK EG4 PRICES. NEW YORK, March 14.—Eggs, firm; recelpts. 22,836; fresh gathered, extra firsts, 32a32%; do., storage packed, 33a333%; do., firsts, 30%a31%; storage packed, 32a32%: do., 29%4a30; nearby hennery whites, Cclosely selected, extras, 39a40; nearby and nearby Western hennery whites, firsts to average extras, 32a3s; near- by hennery browns, extris, 35a36; Pacific coast whites, extras, 39a40; do., 34a37%. STEEL BARS ADVANCE. NEW YORK, March 14.—Sheet steel bars are being quoted in the Youngs- town district at §39 a ton for second quartor shipment, compared with $17.50 & tem &a the first quarter. | o wheat. | and then rallied to 1.2 1 451 FINANCIAL. WHEAT PRICES CUT 40 CENTS A BUSHEL Yesterday’s Crash in Chi- cago Greatest Ever Known in Single Day. By the Associated Pre CHICAGO, March 14.—Wheat has fallen nearly 40 cents a bushel in a little more than a couple of weeks, suffering the worst In the last three days. Sudden curtallment of Euro- pean buying in the Urited Staes, to- gether with an abrupt stop to a scare over threatened damage to the do- mestic Winter crop, has been largely responsible for the most sensational breaks in pric Compared with a week ago, wheat this morning showed 9% cents to 14% cents loss, with 7l2 cents to 9% cents off; oat: cents to 8 cents down, and provisions varying from 50 cents decline to 45 cents advan, Chief. Factors in Tumble. From $1.89% for May delivery, a height reached on Tuesday of this week, the wheat market underwent a series of violent setbacks, culmi- natigg yesterday In a collapse to $1.66%. The rise to $1.89% had fol- lowed the issuance of a Government report disclosing notable scarcity of wheat in country mills and elevators and confirming the lowest private es- timates of the amount of wheat in reserve on farms. At this juncture the attention of traders became fo- ed on reports of huge arrivals of at at Liverpool and on indications ruch larger crops in foreign coun- tries Worst Break Ever Known. Then ne widespread rains, put- ting an end to fears of damage by drought over great stretches of the West and ter wheat. Selling out of wheat hold- ings assumed extraordinary propor- tlons, and the smash in grain values which followed was referred to by, some authorities as probably the most complete ever seen in any one day. Corn, oats and rye were uepressed chiefly by the action of wheat Heavy stocks of lard made pro- visions average lower. Advances were confined to meats. TODAY'S GRAIN PRICES. CHICAGO, March 14—Grain mar- kets today surpassed yesterday's rec- ord for rapidity of price changes, if not for the extent of the fluctuations. Weakness was succeeded by strength, and vice versa, with lightning speed At first the wheat market shot down- ward to 5 cents under yesterda finish, but later rallied 6 cents. Un- as to whether liquidating sales by holders were yvet fairly complete, and also bewilderment as to whether export business had re- vived accounted for much of the ir- regularity of values. Trade was of great volume. The opening, which ranged from 7 decline to 1 advance, May 1.66 to 1.681; and July 1.48% to 1.49, was followed by a sharp set- back and then by an cven sharper upturn. Corn and oats reflected the action After opening a 1 to 3% advance, May to 1.21%, the corn market dropped to 1.18%; May, %. Oats start- ed unchanged to 1 hig May, 4; later the market touched 45%. for May. Provislons averaged lower, enced by weakness in values WHEAT— Open. High influ- Low. Reptem CORN { May July Septembe: 15.90 1895 CENSUS REPORT AIDS COTTON PRICE RISE Much Week End Covering Also Noted in Today's Trans- actions, By the Associated Press. NEW YORK, March 14—The cotton market opened steady today at an ad- vance of 16 to 23 points, May selling up to 25.59 and October to 25.31, in response to relatively steady cables and failure of the weather map to show any heavy or general rains in Texas. There was ac covering for over the week end and some trade or com- mission house buying, but the open- ing advance met further liquidation and early fluctuations were irregular. ay eased off to 25.49 and October to 25.22 after the call, but the covering continued and prices steadied up again toward the end of the first hour. The census figures showing domes- tio consumption of 550,132 bales for February, against 508,677 last year, exceeded private forecasts and helped the tone of the early market. NEW YORK — Futures closed ir- regular at net advance of 30 to 46 points. Opentng: 25.89; October, 25. New Orleans Quotation: NEW ORLEANS, La, March 14— The cotton market opened firm, owing to much better Liverpool than due, larger consumption for February than expected and continued drouth in the Western belt. First trades showed gains of 16 to 23 points and the advance continued, May reaching 5.65 and October to 23.00, or 21 to 24 points above yesterday’s close. NEW ORLEANS — Futures closed steady at net advance of 33 to 42 points. High. March . May July October . ey March, J’Js‘rn{;‘c‘lnhkr 24.95; Decemhe FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal Selling checks London, pound. Berlin, mark. Rome, lira. Zurich, franc. Athens, drachm: Madrid, peseti Vienna, crown Budapest, crows Prague, érown Warsaw, oty Copenhagen, crown. Christiania, erow: Stockholm, crown.” The office bay wants to know if “Ma” Jongz wi ever run for gov- or! : outhwest devoted to Win- | RAILWAY BONDS FEATURE TRADING Sell to Extent of $22,000 at Peak Today—Other Fi- nancial Notes. BY CHAS. P. SHAEFFER. Heavy selling of the 4 per cent bonds of the Washington Rallway and FElectric Co. featured today session on the Washington Stock Exchange. This security was strong through out the session, but failed to register further gains from its present high est mark of 50, reached in recent trading. Initial sales of $1.000 of these bonds were followed by two lots of $10,000 each, which the market readily absorbes Wardman Park Hotel 6s recorde an advance of half a point to 101% on eales of $1,500, and Potomac Electric consolidated 5s also gained half a point to 993;. Railway gen- eral 6s, too, scored a fractional ad- vance to 101%. Capital Traction assumed leader- ship of the stock side of the market at an unchanged level, a total 199 shares selling at.90%. This stocl is now ex-dividend, 1% per cent Mergenthaler Linotype was \ one point easier, 38 shares changing hands at 184. Railway common was inactive with 108 “asked” but th preferred sold in restricted trad at 82%. Retall Trade Improves. week of Spring weather found reflection in a moderate ase in jobbing and retall trad 1d some expausion in building oper fons s of the constru ion strect's observe in its w of busine: Taken as a whole, however, Spring buying is hardiy better than fair anc cautlon still e = purchases While mail order chain stor sales showed good expansion in Feb ruary, department store trade, as re ported by the Federal Reserve Ba shows a smailer movement in tha month than a year ago. thus repea ing the report as to January trade In February, as in January, trad s to have been best in the N west and in the Southwest, this 1 ter, by the w despite continued dry weather | . where raln needed to put the soil in conditio for plowing, 1 and crop growth. Th s reports indi cate the nesd of rain in lowa and in Louisiana Equipment Orders Heavy. Railway equipment orders in ti second week of:March aggregated $9.000,000 and included 99 locomotives 1,342 frelght cars and 5 passenger cars, according to Railway Age With only one exception, this was the largest amount of business to be reported for one week this year. Business failures in the United States for the week ended March 12 amounted to 383, an increase of over the week before, but 42 less than the same week last year Unlixted Securities Prices. The following latest quotations for unlisted securities are given for the guldance of holders of these issues BONDS. A ha rials, B weekly re Bid. Asked Army & Nary Club 53 . Cosmos Club 413x Commereial Clu Metropoiitan Cls OCKS. Anacostia Bank . < Buaking Trust & )Xcr gage Co Citizens® Connecticut P Co Christian Heurich 1 Departmental Bank ... District Titia Ins. Frank! Munse. | Nortn e Hotel [ Wortrigee s tangton Sav. BE. DAIRY PRODUCTS. BALTIMORE, Md., March 14 (Spe- cial). Live pou oung chickens. ib,, add leghor: 25a30; Winter chicken: 4 5; old hens horns, old T capons, a4d; young turkeys, oor and crooked bre; 50a1.00. Dres: 35a45; poor and crooked chickens, 28; old roos- ese, 20a2b; sts, native prints, packed, 23a28; proc GRAIN AI;D PBTOVISIDNS. BALTIMORE, Md., March 14 (Spe- clal).—Potatoes, per 100 pounds, 1.00a 1.40; sweet potatoes, barrel, 2.50a6.00; yams, barrel, 2.00a4.50. Asparagus, dozen, 9.00a11.00. Beans, hamper, 5.00a6.50. Beets, crate, 1.50a2.00. Cab- bage, ton, 10.00a18.00. Savoy, bushel. 50a75. Kale, barrel, 75a1.35. Carrots, 100, 5.00a7.00, Cauliflower, crate, 2.00a 3.00. Cuoumbers, bushel, 5.00a10.00 Celery, crate, 2.50a3. Eggplants. crate, 3.50a5.50. Lettuce, basket, 1.00a 3.00. Onlons, 100 pounds, 3.00a3.25. Oysterplants, 100, 5.00a6.00. Parsnips. basket, 35a50. Peas, hamper, 3.50a 4.00. Peppers, crate, 4.00a8.00. Rad- ishes, . bushel, 1.50a2.00. Spinach. bushel, 50a1.00. Squash, crate, 5.00a 5.00. Tomatoes, crate, 2.50a5.50. Turnips, basket, 50a1.00. Apples, packed, barrel, 3.50a7.50; bushel, 1.00a2.25. Grapefruit, box, 5 “Oranges, box, 4.50a5.50. ries, quart, 65a67%. Selling Prices at Noom. No. 2 red Winter, spot, ex- port, no quotations; spot, domestic, 1 . red Winter, garlicky, domestic, 1.75%, nominal; No. 3 red Winter, no quota- b, new, vellow, spot, 6. 7.00 per bafrel; track corn, yellow, 2, 1.35 one. Oats—No. 2, 581% asked; No. 3, 56% asked. Rye—Nearby, 2 30. 1.30a1.40; No. 2 rve, Receipts, 21 tons. The supply of most grades of hay on this market is fully ample for trade wants and what little inquiry prevails is cen- tered on the better 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 bas no definite market value and is slow sale. Quotations today: No. 1 timothy, 20.50a21.50; No. 2 timothy, 17.00a19.00; No. 1 light clover mixed, 19.50a20.00; No. 1° clover mixed, 18.00a19.50; No. 2 clover mixed, 17.00a18.00; No. 1 clover, 19.00a19.50. Straw—No. 1 wheat, 16.00a16.50 per ton; No. 1 oat, 17.00a17.50; No. 1 stralght rye, 18.00a19.00. STMMS BOOSTS PROFTTS. NEW YORK, March 14—The an- nual report of Simms Petroleum Co. is expected to show a marked gain in net profits, which are being esti-s mated in excess of $1,800,000, or about $2.75 a share on the capital stock. The balance available for stock at the end of 1923 was $341,508, or &l ocents a share.