Evening Star Newspaper, March 17, 1925, Page 26

* choice bright clover mixed and No. 1 26 * FIN DECLINE REACHES BIG PROPORTIONS Downpour of Selling Orders | Starts Bad Break in Stocks Today. BY STUART P. WEST, Specinl Dispatel to The Star NEW YORK, March 17.—A out of sclling caused prices to br Exchange again down Ladly on the Stock today The tended from f the previous day were points losses o many active stocks were off a to 15 points from their 2hs of 1} some instances | dec oon had run w ear low figures 1l ave list the | breaks | es that |2 ANCIAL, Received by P Open. High. 66 66 944 94%e 15% 15% 50t GOW 9914 11% 1% 85% 117% 1184 80% 82% 15 16 440 39 31% 96 . 176% 117% 216 24 47 | Abitibi Pow (4). | Adams F<n (8) . | Ady Runitey | 4a Rumiey pf (3 Air Reduct (15). Ajax Ruabber. Alaska Juneau. Allied Chem (4). Allied Cm pf (7) | Allis Chalm (4). Am Agricul Chm | Am Ag Ciim pt.. | Am Beet Sug (4) Am Bosch | Am Brk Sho { Am Can (17) Am Can pf (7 Am Car & F (12) Am Chain A Am Chicle. Am Chicle otfs. 5 (500) Am Express (5). Am & For Pow Am & Am H Am Hide & L vt | Am Tee extravagantly values Ena o Losses Noted. 9 points Street | t lron in contrast with its ndefinite postpon; which are presum- corked out by the new n the company. Sears Roe- | A was off ear. points and | points, down was off in the arporation where it sold days of January Join Tumble. tion of a few weeks ago founded upon the of crude s, went Ameri- points | rt 0i1 and 2 vogue Du- | was | st few on The spe Stocks on of W ard of directors. han 11 points orders in Marland were ing through 40, and the| selling was extremely heavy in Phil-| lips Petroleum and Pacific Oil. The | latter was down 4 points from its top. | St. Panl's Stocks Abandoned. With the expectation of an announce- ment after the close of business regard- | ing St. Paul affairs, traders were | clined to leave these stocks alone. Chi- | cago and Northwestern was very weak, | off 2 points, and Northe as also under pressure. These stocks were reflecting the violent turnabout in the agricuitural situation. So were | Tnion P Atchizon, the latter | down S points from the high reached a month ago. Norfolk and Western ran | into cons ying, due to reports that nege ns for a lease to the Pennsylvania had been reopened. New | York around 118 was off 7 oint m its top. Tome in Afternoon. Locomot fre Better Baldwin compared wi Among the Lest support was Can, which stil up ‘as an _in Imers. T around 128, ) the year's high of 146. | industrials some of th shown in American | its capital split and in Allis| ctive covering erican Woolen stocks. Ana- below 8. was down over 10 points from its top of the year. As the afternoon went on the rally- | ing tendency was stronger in most parts of the list. ., MARKET CLOSES WEAK. has itive. re was Sales for Day Run Over 2.000.000 Shares. Associated Press. YORK, March decline in stock pric with a further sharp br futures, featured today’s arket. Selling pressure in | k market centered largely in alties, many of which sold 3 below Iast night's closing s approximated Total Byt NEW arast incident in grain financial the sto k. Independ- me of | ¢ Or- strength wa rails in the Texas and Mexico rising nary tendencies pre al list. the 1aans, but react in the gene NEW YORK solven ds lower; St. Pauls again ws. Foreign exchange: lapanese yen new high. gher: better spot demand. increased spot offerings. asier Brazilian markets. Stocks weak; break commer- | sharply. at record irregular; Cotton Sugar Coffee lower; O—Wheat weak; prices break nts a bushel. Corn easy; sym- | wheat. Cattle steady to lower. active and higher CHIC Hogs GRAIN AND PROVISIONS BALTIMORE, Md.,, March 17 (Spe- | ial),—Potatoes, per 100 1bs., 1.00a1.40. | Sweet potatoes, bul, 2 g 2.00a4 Asparagus, Beans, hamp: crate, 1.50a 0.00a18.00. Savo: whl 1.00. C: flower, Beets, ge, ton, . Kale, 027.00. Cucum- rrots, 100, crate, 1.50a2 00a10.00 plants, crate, et. 1.00a3.00. Onjons, 100 3. Oyster plants, 100, 5.00 46,00, Parsnips, baske Jiamper, .00a4.00. Peppers, ¢ n- | pefruit, box, hox, 4.50a5.50. Strawber- ) 40480, Selling Prices at Noon. Wheat—No, 2 red Winter, spof, ex- no quotations: No. 2 red Winter, spot, domestic, 1 nominal: No. d Winter, garlicky, domestic, 1.6 ominal; No. 3 red Winter, no quota new, vellow, spot, 6.75a track corn, vellow, asked: No. 3. 54 ’ No. 2 56 rye, i tons. The supply most grades of hay on this market fully ample for trade wants and hat little inquiry prevails is cen cred on the better grades of timoth; clover. Prices on the better grades lold steady, but low:grade and in- ferior hay has no definite market value and is slow sale. Quotatic timothy, 0219.00; 220,01 No. 1 clover, . 2 timothy, No. 1 iight clover mixed, No. 1 clover mixed, 19.00a1 ed mixed, 17.00418.00; . 1 wheat 16.00a16.50 per 0a17 3 ight rye, 18.00a19.00 rease of | 475 over the mumiber in 1923, | Gardner Motor. . | Gen Ter, Sugar pf ( Am Sumatra Am Tobace m Tobac B 4,) from | A Worthington | 4 Am W W pf (5) Am Woolen Am Waol pf (7). | Am writ Pap pt. ne pt ‘Anacenda (3) Ann Arbor pf. A -Dantels. -Dan pf (7) ‘Armour Del (7). Arn Cons & ( Asso Dry G (5). Asso Oil (115) AtT & S Fe (7). | Am Chicle pf ct. | Atl Birm & At Atlantic C L (7 At Gult& WI. At Gulf & WI pt. Atlantic Refin | Atlan Ref pf ( Atlas Powdr(4). Atlas Pow pt () Austin-Nichols. Auto Knitter. Baldwin L () Bal & Ohio (5).. Bang & Ar (3).. | Barnsdall A. Barnsdall B. Bayuk Cigar. ... Beech Nut (13).. lethichem Steel th Stlpf (7). Beth Stl pf (8).. Booth Fisheries. Briggs MIg(3%) British Empirs | Bkl Edison (8).. Bk1-Man Tran.. Bkl Union G (4). Bruns- mlxmor) Burns Rro (10). Burns Br B (2).. | Burns Br pf ( Bur Add Ma (3). Bush Term (5). . | Eutte Cop (50c). Butte & Su(50c). Butterick Co.... Caddo Central Cal Packing(6). Cal Pete (1%) Calif Pet pf (7). lahan Zinc. .. Calu & Ariz (2). Calumet & H 50¢ ! Can Pacific (10). Case Threshing. Case Thresh pf.. Cent Leather. .. Cent Leather pf. CRRNJ (112) Century Rib (2). Cero d Fasco (4) Certain-Teed. .. Chand Mot (3)... | Ches & Ohio (4). Chi & Alton..... Chi & Alton pf. nl Gt West pf. - hi Mil & St P... Chi Mil & SP pf. Chi & Nwn (4) Chi Pneu T (5) ChiR1& Pac CRI&Ppf CRI&Ppf (7). hStPM&OD!(5) Chi Yellow C(4). Childs Company. Chile Cop (234). Chino Copper Cluett Peab (5). Coca-Cola (7). .. Colo Fuel & Iron Colo Southern. .. Col G & E (2.60). Col G & E pf (7). | Col Carbon (4) ‘om Inv (2.50) Com Solv A (4).. Com Solv B.. Congol-Nrn (3). | Conley Tin Foll. Consol Cigar. ... Con Distributrs. Consol Gas (5) Consol Textile Cont Can (4).... Cont Can pf (7). Cont Insur (6) Cont Mot (80c). . Corn Prod (2) . Cosden Co. Cosden pf (7). Crucible Stl (4). Crucible pf (7). . Cub Am Sug (3). Cuban Cane Sug. Cub Cane Su pt.. Cuban Dom pf. . Cuyamel Fr (4) . Daniel Boone. Davison Chem Del & Hud (9) Del L&EWn (7). D& R G Wst pf. Dome Mines (2) . Doug Pectin (1) Dupoat (10). ... DuPont deb (5) . Dugquesne pf (7). Eastman (18)... Eaton Axle. . Elec St Bat (15). Emmerson Brnt. Emmerson B pf. End-John (6) - 40 52 4% 39% 138% 135% 41 14% 141 139% 974 106% 110 14 66 2 124 65% 81 40% 6% . 94% 107% 51% 168 63% 106 1% 79 8% 99% 1% 102% 8% 13% 52% 89 125 954 2624 1 1% M 714 105 1065 505 b1 50 50 Erfe 1st pf. Fairbks (2.60) Famous Pl (8) Famous pf (8) Fed Mines pf (7) Fid Phoenix (6). Fisher Body (5). Fish Bd O pt (8). Fisk Rubber. ... Fisk R1st (1)... Fleischmann (4) Foundation (8).. Foundation rts.. Frank-Si pf (7). Freeport-Texas. 102% 8% 12 48% 86% 125 954 237% 11 0% 10 49° 9% Gen Asphalt Gen Asph pf (5). Gen Baking (6). Gen Cigar (8).. . Gen Electric (8) n L1spl (60c). M 265 189 4 97% 107 110 1444 63 2 12% 66 80% 39% 85% 93% 107% 53% 168 61 106 11% 79 7% 100% 1 1024 8% 12 48% 8643 130 954 258% | 1% HE EVEN Gimbel Bros. iinter Co (1%4). tidden Co. Gold Dust Goodrich. Goodyear pf (7). Gdyear prior (8) Granby Consol. . Grt North pf (5). Grt Nor Ore (4). Grt Wstn Su (%) Greene Canan. Gulf Mo & Nor. Gulf St Steel (3) Hartman (23%).. Hayes Wheel (3) Hays W pf (T14) Hoe & Co A (4).. Homestake (17). House P (1315).. Houston Oil. 474 264 144 39 850 94% 107 17 6644 85% 95 12% 244% 77 801 814 103 47 444 36% 68% 28% 65 40% 14% 114% 251 6% Hudson Mot (3). Hupp Mot (1). Tllinofs Cent (7). Independ Oll (1) Indian Reflning. Ind Ref pf (7)... 80 Ingersoll R (8).. 225 Inland Stl (2%). 45 Inspiration Cop. 26% Interb Rap Tr. 24 Internat Agri. % Int Bus Mac (8) . Int Cement (4) Int Com Eng (2). Internat Har (6) Inter Har pf (7). Int Mer Marine. . Int Mer Mar pt Int Nickel Int Paper. Int Pap pf st (6) Int Ry Cent Am. Inter Salt (6). .. nt Tel & Tel (6) Jewel Tea pf. ... Jones Eros Tea. Jordan Mot (3).. Kan City South. Kayser (Julius). Kelly-Spring Kelsey Whi (6). Kennecott (3) Keystone T & R. Kresge Dep Str. Kresge S S (8).. *Kresge @ Lee Rub & Tire. Lehigh Val (315) | Liggett & M(14). Lig & My B (14). Lima Loco (4). . Loews Inc (2). Loft. . Long Bel ) Loose-Wiles. . Lorrillard (3). Louistana Ofl i Louis & Nsh (6). Ludlum (2)..... \(r( ro B (1.60).. 85 ntyre (1).... 174 \1 ck Treks (). 183% Macy HR & Co.. 74% Magma Copper.. 38 Mallinson & Co.. 25 Man EI Sup (4).. 55% Man El md(3%). 48 Man Shirt (114). 22 Manila Electric. 30% Maracaibo Oil... 27% Market St prior. 44% Marland O 394 Martin-Pry 304 Mathieson Alka. 63 Maxwell Mot A Maxwell Mot B May Dept St (5). Metro G pf (1.89) 110 39 1044 194 Mexican Miami Cop (2).. Midale States. .. Midind Pr pf (8Y. 100% Minn & St Louis. 3 Mis Kan & Tex.. 84% MK&TDf (5).. 8l Missouri Pacific. 36% Missouri Pac pf. 78% Mont Power (4). 67% Montgom Ward. 44% Moon Mat (3) 24 Mother Lode 75¢ 7 Mullins Body 16% Murray (2.40) 39 Nash Mot (#11). . 265 Nat Acme (sta). 4% Nat Biscuit (14). 66 Nat Cloak & Suil 68 Nat Dalry (3).. 12 ist (7). Nat Distillers pf. 85 Nat Enamel & S. 33 Nat Lead (8) . Nat Ry Mex 2d. Nat Supply (3) Nevada Copper NOT &M (7) Nt N G&E pf (1) N Y Canners (2). N ¥ Central (7). NY C&StL (5).. NYC&StL pf (6). N Y Do N Y Dock pf (5) NY NH & Hart. NY On & Wn (1) N Y Steam pf (7) Niagar F pf 1% . Norfolk South. . Norf & W (15)... North Am (3.40) North Am pf (3). North Pac (5). Onyx Hoslery Onyx Hos pf (7). Orpheum (1.80). Otis Elev (1514) . Otis Steel. . Otis Steel pf. ... Owens Bot (3).. Pacific Gas (8). Pacific Mail. .. Pacific Oil (2).. Pac Tel & Tel. . Packard (11%). Packard pf (7).. Pan-Amer (6).. Pan-Amer B (6) Panhandle Parish & Bsta. . Park & Tilford. Penn C & Cke. .. Pennsy R R (3). 6% Penn Seab Steel. 1% Peoples Gas (8). 115 Pere Marq (4).. 68 Pere Mar pf (5). 72 PhiaCo (4)..... b3 Phila& RC&I. 44% Phillip Morris.. 13% Phillips Pet (2). 39 | Plerce-Arrow... 12 | Pierce-Arrow pf 434 | Pierce-A prior 8 86% Pierce Oil. . 2% Pierce Ofl pf. 33 Pierce Petrol... 6 Pitts Coal...... 49% Pitts Term Coal. 57 Pitts Ter pf (6).. 84 Pitts Ut ctfs 1.20 134 Pitts Ut pf 11.20. 18% Pitts & West Va. 681 Postum-Cer (4). 98% Postum pf (8)... 115% Press Steel Car. 57 Prod & Refiners. 23% Pro & Rpf (312) 45 PubSer NJ (5). 684 Public Serv rts. 24 Pub SNJ pf (3). 110 Pullman Co (8). 134% Punta Al Su (5). 42 Pure Oil (1%).. 27 Radio Corp of A. 56% Radio Cpf (3%) b6l% Ry Stl Spg (8).. 126% Ray Cons Cop. 18% Reading (4) 5% Reading rts. 9% Reading 1st (2). 86% Remington Type 63% Replogle Steel.. 15 Rep Ir & Steel.. bl Reynolds Sp (1). 13% Rey TobB (3).. T4 Roy Duth 4.42%. 51% St Joseph Ld (2) 47% StL & San ¥ (5). 70% | StL San¥ pf (6). 79 StL Southwest. 48% StLSwnpf(5). 1% R 128 Yok 224 130% 45% 48 60% 22 8% 28 984 108 - 3% 73% 4 15 80% 15% board Air L. Seabd Air L pf.., NEW YORK STOCK EXCHANGE ate Wire Direct to The Star Omice Open. High, 49 261 14% 897%% 50% 94% 107 17 66 354 95 1214 24% ki 30% 314 103 47 44 NG Low. Close. 4715 48% 26 26 18% 18% 39 39% 49 49y 93% 94 107 107 16 16 64% 65 34% 34%4 944 944 127 12% 24% 244 % T 29% 30 30% 81 108 a7 444 85% 67 23 647% 404 147% 114% 21% 6% 80 4% 4% 68 45 42% 100 65 20% 151 24 634 | 18% 120% 87% 33% 7% 129 ok 224 573 | 31% | g2 8 99 28% | 23% 131% 45 48 66 22% 8% 27% 98 84 52 434% % 106% 9% 53% 100 18% 108 4 1% | Tennessee Cop. . STAR, WASHINGTON ) D. C., TUESDAY, MARCH 17, 1925. REAGTIONARY TONE | Coxxev vor BONDS stocx sxcrsse] Recelved by Private Wire Direct to The Star Office. INBOND MARKET Unsettled Stock Prices Cause Caution—St. Paul Issues Again Lower. BY GEORGE T. HUGH! Special Dispatch to The Star. NEW YORK, March 17.—Except only in United States Government se- curities and In the high-grade sav- ings bank rails tower prices were the rule In today's bond market. For this the only adequate explana- tion was the weakness In stocks, which influenced the purely specu- lative bonds, and some of the second- grade issues as well. Examples of the latter were Baltimore and Ohio convertible 41:s, which broke 92, and the St. Louis-San Francisco prior lien A 4s, which sold below These losses were recovered in part later. Rail Issues Freely Sold. Speculative railroad bonds were heavily sold, notably Missouri-Kan- as-Texas adjustments and St. Louls- an Francisco incomes. The “Katy" adjustments went down with the pre- ferred stock into which they are to be convertible. Large losses were sustained in the convertible ofl is- sues, such as Skelly Ol 63s. There was some selling of the convertible coppers. St. Paul bonds wers agaln a weak spot with the 4s of 1925 making an- other new low record. Declines were also registered in the other junior issues secured under the same mortgage. The first mortgage bonds and the & per cent notes were steady. It Is gen- erally agreed that no matter what the outcome of the St. Paul situation, the first mortgege bonds will be un- disturbed. Foreign Group Stea In the ‘“over-the-counter” trading | the feature was the weakness in the Detrolt United 6 per cent notes, which at one time were quoted 841 bid, 85 asked, against a bid price of 90 the day after the recelvership was an- nounced. Forelgn bonds were relatively unaf- fected by the selling elsewhere. The syndicate which brought out the Greek 7s last December at 88 was dissolved today, but the bonds were fairly firm around thelr recent price of 85. GERMAN BONDS AND STOCKS. (Quoted 1n dollars per million marks.) Asked. 1700.00 375.00 Bid Ger Gt (war loan) s 1914-18 1630.00 Hamburg 45s 1019 330.00 Ger Gt A-ba (forced 2100 (Quoted In dollars per thousand marks. Ger (ien Elec 4138 pre-war.. 24.00 Ger Gen Elec 4as 1919 Berlin 4x pre.war.. Humbg 3s, 3ias & 4s pre Hamburg Amer Line 4 North German Lioyd 4is. North German Lloyd Prassian Conmols 338 Krupp 5n 1921... Dusaeldort 45 pre-w Frankfort a-M 43 pre. Munich 48 pre-war.. Badische Anilin AE G (Ger Ge : Commerz and Privat Bank.. fsconto Gellachaft sdner_ Bank Deutsche” Bank Darmstaedter Ba Mercer Baok Vieans Sears-Roebk (6) Shattuck-Ariz. . Shell Trad (2.06) Shell Un (1.40).. Shell Un pf (6) .. Simmons Co (2) . Simms Pet (50¢) Sinclair Oil. Sinclair pf (8) Skelly Ofl. .. Sloss-Sheft (6) South Pac (6). . Southern Ry (5) South Ry pf (5). Spicer MIg...... Spicer pf (8).... Stand Mill (5). .. Std Gas & El (3) Std Gas & El pf. St Oil Calit (2).. StOIINJT (1). StOINJ pf (). Std Plate Gla Sterling Pr (15). Stew Warnr (5). Stromberg (6) Studebaker (4). Studebak pf (7). Submarine Boat. Superior Oil. Sweets (new) . Symington. Symington A (2) 150% 162% 148 6 6 6 a1 a4l 244 24% 22% 100% 100% 100% 311 8244 81k 214 20% 19% 18% 194 184 87 8614 244 284 84 834 . 1024 100% 85t 8414 864 8 11 164 954 954 67% 67 s “ 52 514 5974 58 4l 40% 117% 117% 12% 1244 63% 631 60% 56% 6445 64 427 415 112 112 9% 9% 4y b % % 17% 174 20% 20% st 8% 44 4 107% b4y 15% 1t 183% 384% 74% o8 % 38% 394% 37% 149% 6 41 23 100% 824 20% 19 86% 244 83% 101 84y 86 164 954 67 4% 514 58% 40% 117% 124 6314 6% 64 2% 12 9% 4% % 17% 21% 84 44y 110 63% Texas Co (3) Texas Gulf (7).. Tex & Pacific. .. Tex & Pac C & O Third Avenue. .. Tide Wat Oil (4) Timken (13%) Tobac Prod (6). Tobe Prd A (7).. Transcont Oil. .. Underwood (3).. Un Bag & Paper. Unton OIl (1.80). Un Pacific (10).. Un Pacific pf (4) Utd Alloy Steel. Utd Clgar (13%) United Drug (6) Utd Drug 1st 313 Utd Fruit (10).. Utd Ry Inves pf. U S Cast Iron P. U S Distributing USHoft (2).... 63% 9 9 88% T4% 6% % 39 40 46 1% 66 72 53% 51% 126% 134 6% 20% 86% 63% 156 0% 13% 4 50% 46% 70 79 484 Gl #2 U S Ind Alcohol. U S Realty (8). U S Rubber. u U S Smelting. ... USSmpf (3%). U S Steel (17)... Universal Pipe. . Univer P pf (7). Utah Securities. Vanadtum. Va-Caro Chem Va-Caro Ch pf Va Ry & Power, Vivadou. . Wabash. Wabash pf A Wabash pf B Waldorf (1%) ‘Ward Baking B. Ward Bak pf (7) West Pen (4). .. ‘West Pen pf (7). ‘West Maryland. ‘West Md 2d pf. Western Paciflc. West Pac pf (6). 90% West Union (7). 119 West Air Br (6). 103 ‘Westinghse (4). 69% Weston Elec.... 10% ‘Weston A (2). 20% Wheel & L Erle. 18% Wheel & LEDI. 25% ‘White Eagle (2). 27 ‘White Mot (4).. 61% Wickwire Spen. % Wilson & Co 9 Wilson & Co pf.. 29% Wilson ctfs. 24 Willys-Overlnd. 12% Wills-Over pf... 86% ‘Woolworth (3). 114% ‘Worthington... 58 Worthington A. 85 Worthington B. 71 ‘Wright Aero (1) 16% Wrigley (1314) .. ~49% Yellow Cab 2.52. 85 Youngstn S& 70 ©0dd lots. iPartly extra, | Dividend rates "n 34 26 12% 87% 114% 59% 85 71 17 49% 35 0 B4% 70 3Payable in preferred stck. iven in the above table ments based o th yearly " @ividends are not included, Xt 14% | 130% | deciurations. | | Canada 55 1931 FOREIGN. Bales. High. 964 964 102% 95% 9% 86% 94 109% 107% 1084 93% 2:50. 96% 964 102% 954 29% 86% 94 109% 107% 108% Low. 96% 96 102% 95% 99% 86% 934 109% 107% 108% 93 84 82 961 100% 102 103% 102% 106% 106% 44% 90 9674 954 99%, 99% 1094 109% 101 5 110% 5 97U 974 Argentine 6s Argentine 6s B Argentine 7s. . Austria 7s Bank of Japan 6! Belglum 6s. Belglum 648 w1 Belgium 7¥%s Belgium 8s. Berno 8s Bolivia 8s. Brazll 8s Canada 5s 1926 Canada 55 195 Canada 5%s 1 Chile 85 1941. Chile 85 1946. Chinese Gov Ry bs Copenhagen 5%s. . Cuba 5%s. . Czecho 85 1951. Czecho 8s 1952 Danish Munic 88 A Danish Munic 8s B Denmark 6s. Denmnrk 8s. DEI5% Dutch East 165’47 12 Dutch East I 63'62 18 Finland s 62 '45.. 4 Framerican 7%s.. 10 French 7s. 123 French 7Ys. 30 French 8 German Ts. Ger Gen Greek Ts Halti Hungary 6358 Japanese 4s Japanese 658 Lyons 6s. . Marseillo 6s Montevideo Netherlands 68 ‘54. 14 Netherlands 65 Norway 6s 1943 Norway 6s 1944 Norway 6s 1952 Norway 8s Orient Dev deb 6s. 10 Paris-Ly’'s-Med 6s. 23 Paris-Ly's-Med 7s. 20 Paris Orleans 7s. Poland 6: Poland & Prag E Queensland 7s. Rio de Jan 8s 1946, Rio de Jan 8= 1947. Rio Gr Do Sul 8s. Sao Paulo City 8s Sao Paulo State 8 Seine Dept of . Serbs Crot Slo §s Sweden 5158 ot Swiss 5155 1946 Swiss Confed 8s... Ud Kingm 64528 37 Ud Kingm 5%s'37 11 Ud Steam Copen 63 5 Uruguay Ss .. Zurich 8s. .. MISCELLANEOUS. Ajax Rubber 8s. .. Am AgrChem bs Am Agr Chem TY4%s Am Chain sf 65°33 Am Repub deb 65 Am Smlt & R 1st Am Sug ref 6s..... Am T&Tecltrds. . AmT&Tcltrbs.. AmMT&Tsfos. . Am T & Tdeb5ls Am Water Wks 53 | Am Writ Paper 6s. Anaconda 1st 6 Anaconda cv db Andes 7y 25% pd. .. Armour & Co 4%s. Armaur Del 5%5e Atlantic Refin 5s, Barnsdall s f 85 Bell Tel Pa s, Beth Steel pm 58 Beth Steel rf bs. Beth Steel s f 6s. Brier HSt 18t 5 Bklyn Ed gen 5s. . Bush T Bldg 55 '60. Chlle Copper 6s. Cin G E 5%s5 62 Col Gas & El5s.... Commonwth P 6s. . Con Coal Md 1st 53 15 Con GNY 5%s wi. 160 Consumers Pow &3 59 Cuba Canecy 7s... 2 Cuba Canecvd 8s. 20 Cuban Am Sur8s. 3 Denver Gas 5s..... 10 Det Edison bs '40.. Det Edison ref 6s.. Donner Steel 7s. Du Pont de N Tis. Duq L&P 54549 Duquesne Light 6s Est Cuba Sug 748, Empire G&F Fisk Rubber 8s Goodrich 6%s. ... Goodyear 8s 1331 Goodyear 8s 1041, Hershey 651942 Humble O&R 5343 Tllinois Bell 1st 55.! Tllinois Steel 43 Int Mer Marine 6: Inter Paper bs “ KCF & Lt 5sA’i Kan G & El 6552 Lacl G ref 55 '34 Laclede G 5 g Liggett & Myrs by Lorillard (P) 5s. TLorillard (P) Magma Cop cv Ts Manat! Sug sf T3 Mid-Con 61s, '40. Midvale Steel 5s. Montana Pow & Mor's&Co 1st 43s. Nat Tube st bs. ... New Eng Tel N Y Ed 55 44 w! N Y Edenlst 61%s.. NYG EL H&P 4s... NYG EL H&P 5s. .. NY Tel 4% N Y Tel 6841 NY Tel 6549... North Am Ed 6s. North Am Ed 615 Nor Ohio T&L 6 Nor States Pow bs. Nor States Pow 6s. Otis Steel T%s. Otis Steel 85. Pacific Gas & El 53 PacT& T 1st 68 Pac T & T 58 '62. Pan-Amer Pete 6. Phila Co 538 '38. Phila Co ref 6s A Phila & Rd C&T 5: Pierce-Arrow 8 Producers & Rf8 Public Service 6s Punta Alegre 7s. Sharon St1 H §s Sinclair Oil 6s. Sinclair Ofl 63 Sinclair Ofl 78 Sin COPL6s’2 Sin Pipe Line 53. Skelly Ol 63s. . South Bell Tel &s Southwest Bell 5s. Tenn Elec Pow 63. Tide Wat Ofl 6%3. Toledo Edn 1st Unfted Drug 6s. ... US Rub 1st rt 58 31 122 3 17 10 2 Utah Pow & Lt 5 Va-Car Chem 7: CarCh 7%s w. 11 West'n Unlon 6%s Westinghouse 7s. . Wickwire Spen 7s. Willys-Ov 6%s°33. Wilson & Co 1st 6 ‘Wilson & Co cv 6: Wilson&C ev 734s. 13 Winchester A 7is 4 Youngstn S&T 6s. . 30 37 54 Rains in the Arequipa distriet Peru recently stopped trains from / running and sepiously damaged cropg, of UNITED STATES BONDS. (Sa Salos. Lib3%s.... 687 Liblst4%s 20 Lib2d 4%s. 242 Lib 3d 4145, Lib 4 4%s US4s 6 100 16 US4%s'52. 104 27 RAILROADS. Bales. High. 647 83n Boty 924 £6% 92 997 885 925 89% 101% 103% 1025 855 69 85% Biily 1184 116% 79% 107 101'% 8K8 High 10113 101 17 100 27 101 15 101 25 Ann Arbor 4s Atchison adj 43 Atchison gen 4s. .. Atlantic C L 1st 4s. Atlantic C Lel 4s.. Atlan C L 4%s'64. B&Oprin3ks... B&Ogold 4s B& O cv 4l4s. B & O ref 5s. B&O1st5sct. B &O 6s B & O rf imp 6s B& O PLEWYV 4s. B & O Toledo 4s. .. Bilyn-Manhat 6; Buff It & Pitt 43 Canad Pac deb 4s.. Car Clinch & O 6s. Cent of Ga 5% s Central Pacific 4s. Ches & Ocv 414 Ches & O gn 4} Ches & O cv 53 Chi & Alton 3s. Chi & Alton 3%;s. . Chi B&Q gn 45 '58 Chi B&Q 15t rf 53 CB&Q-1 31gs. . CB& Q-0Oll div 4s Chi& T gn bs. . B8 M &StPgn 458 CM&StPreas. 114 caa hiRT& Pre ThITH&S “hi Un Sta 43 *hi Un § “hi Un Sta 6155 hi& W JInd cn 4s. rm Yleve Term C&S Ist4s Colo & Sou 4155 Cuba R R 5s. |Cuba RR 7 | Del Hud ¢ | D & Rio D & Rio rNorth 515 r North gen Havana ERL&P Hud & Man ref Hud & Man aj 11 Cent ref 11 Centra Int m-p Tran 7 Int & ¢ Int & | Iowa C. Kan City Ft S 4s Y Kansas Lake Shorc 45 '31. | Lehigh Val en s, Lehigh Val 5s 2003 Louis & N Louis & Nash 5155, Manhat ry cn 4s. | Mil El Ry & L5s. . M StP & SSM cn 4s MK &T Ist 4s MK&T4sB MK & Tadj5 M K & T prln bs Mo P; Mo Pac 5s 1 Mo Pacific Mo Pacific 6s Montrl Tm 1s O Tex & 3 OT&M5%s. . Y Cen gen 3135, . Y Centcn 4s Y Cent deb 4s Y Centribs Y Cent deb 6= Y Cent LS cl 3 Y C&StLdb4 YChi & L ew Hav d is ew Hav cd 6s, ew Haven 7s Ont W 1st 4s. . rf4s ctfs. .. Y Rysadjésct. . Y W & Bos 4145, orfolk & W cn ¢s orfolk & W cv Northern Pac 3s. . . Northern Pac 4s. .. orthern Pac 5s D Northern Pacri gs Ore & Calif 1st 5s. Ore Sht Lien 5s ‘46 Ore-Wash Ist rf 45 Pennsyl con 43%s. . Pennsyl gen 413s. . Pennsyl 5s '64. Pennsyl gen s Pennsyl 63s.. ..., Pennsyl gold 7s. ... Peoria & E inc 4s. . Pere Mrq 15t 45 '35 Pere Marq 1st s Reading gen 4i3s, Rio G West Ist 4s. Rio G West cl 4 RIATk & L 4%s.. St LIM&S 45'29. . SUL IM&S R&G 4s. 32 StL&SFplisA.12¢ StL&SFprinbs. 11 StL&SF 5%sD.. 94 StL&SKFadjés.. 15 StL &S F inc6s.. 198 StLS Wistds.... St LS W con 4532 StP & KCShL 4%s St P Un Dep bs. .. Seab'd A Lids sta.. Seab'd A Liref 4s. . Seab'd A Liadj bs.. Seab’d A Licon 6s. . Sou Pacific 45°29." Sou Pacific ref 4s. . Southern Ry gn 43 Southern Ry 1st 5s Southern Ry 6s ct. Southern Ry 6%s. Term Asso St Li4s. Third Ave ref 4s Third Ave adj 5s Tol StL& W 4s... Union Pac 1st 4s. . Union Pac 1st rf 4s Union Pac 4s '27.. Un Pac 1st rf 6. Union Pacev 6s. .. Virginia Ry 1st bs. VaRy & P st s Wabash 1st bs Wabash 2d 5s. ... ‘Washash 5125, '75.. 80 Western Pacific5s 13 West Shore st 4s. 1 Wheel & LEcnids. & Whel & LE rf 415 6 Wisconsin Cent 4s. 5 mn hing but miles, those trei n.;mnvc-unl:t are in §1,000.) Low. 101 10 101 14 100 24 10111 101 22 100 14 104 20 Low 6430 83% 8915 9244 86% 92 99% 881 917 89Y% 101 103 101% B6% 69 85% 8614 118Y% 116% 79 107% 101 88% 96% £8% 103% 1033 2.5 102 10 10114 100 27 101 15 101 25 100 16 104 27 101% 103% 101% | wu.Y 100% 17 96% 103% | 100% 1054 98 92% T 104 90 103% 10245 944 10045 110% 86t 874 T1% 103% 110% 110% 10914 33 - 8234 99t 954 8 3% 87 943 864 741 €91 978 864 795, 1081y 83 834 2014 | 934 85 3% 87 45 6% 4% 9% 97% 867 79% | 8llg 9714 90% 774 e 10115 i 8414 9275 865 98% 106% 108% 96% 95% 100% 954 56 93% 825 3 69% 80t instrument with humunl 1045 109% 825 54 421 8d14 934 - | 1. 1025 FINANCI CRASH IN WHEAT HITS OTHER GRAINS Another Tremendous Break Occurs in Today’s Trading in Chicago Market. By the Associated Pr CHICAGO, March 17.—Within & twinkling, ‘wheat prices broke 11 cents today under a tumultuous rush of selling that overwhelmed the mar- ket. Efforts on a big scale to escape losses on the part of the owners was the chief and.immediate factor. A sensational overturning of quotations at Liverpool did much also to pull values here down. Chicago opening pri which ranged from 43 cents to 11 cents lower, with May 1.54 to 1.60 and July 140 to 1.44, were fol- lowed by temporary upturns of about 2 cents from the bottom level, Corn and oats plunged downward with wheat. After opening at 1% to 5% off, May 1.15% to 1.17, corn drop- ped to 1.14 for M Oats started % to 47 lower, 44 to 443, and went to 41, Provisions averaged lower, sympa- thizing with grain. At the heaviest of the earlier slashes In price today wheat showed a drop of more than 35 cents a bushel under the high point last week and a 52-cent drop compared with $2.05, the top record on January 28. May corn was down about 16 cents from last week’s top. Fresh waves of selling later swept the wheat market to 3 cents below the opening figure and whirled May down to $1.51 This was a total break of 14 cents a bushel since ves- terday’s finish. The bulk of the new selling still remained, apparently, of a liquidating character, much of the business consisting of forced offer- ings due to standing orders to close out deals and to stop losses at defi- nite limits TEAT— May Cloze. 158 138 130 | 118 119 1188 High 1.61 | duiy Beptember eptember OATS— May .. July 3 z | $ptember z ] 2 | RYE— | gCDTTON IN PRICES WEAK ON REPORTS OF RAIN Weakness in Stocks Also Causes Considerable Selling in Futures Markets. By the Associated Press . NEW YORK, March 17.—Liquida- {tion was renewed in the cotton mar | ket in today's- ear trading. The| opening was steady at an advance of | points to a decline of 5 poin | near months being higher on rela- tively firm Liverpool cables. They {soon weakened, however, -and the | general list sold off to net losses of 1 to 16 points. May declining to 5.19 and October to 24.94, new low {ground for the movement. There was Southern as well as Jo- cal and Wall Street selling promoted | {by reports of showers in East Texas and the unsettled tone of the stock market. Stop orders were uncovered on the break and after their execu- tion the market rallied a few points, but was nervous and unsettled at the end of the first hour. New Orleans Quotations. NEW ORLEANS, March 17.—The cotton market opened irregularly higher in sympathy with firmer Liv- | erpool cables than due. First trades showed gains of 8 to 13 points on i{near months, but later positions gained only 3 to 4 points. As the {weather map showed some rains in| st Texas and heavy, rains in the {central and eastern befts and as the | forecast was for more unsettled and |showery weather in the West, prices |soon eased off under pressure of rather heavy selling. { CLOTHING PLANTS RESUME. NEW YORK. March 17 (Special).— New York's dress manufacturing in- Qustry, tied up for a week by strike of 0,000 operatives, resumed work on Easter garments today under a com- |promise agreement. Differences as to when a new wage scale, agreed upon last month, should g0 into effeet caused the suspension. NEW CABBAGE ARRIVES. NEW YORK, March 17 (Special).— The New York market today received its first carload of bulk Copenhagen cabbage from Texas. The shipment | met a very limited outlet at $40 to 1§45 per ton, which was barely more than the cost of transportation and refrigeration. Old crop cabbage was {dull at $12 to $15. { BUTTER HIGHER TODAY. CHICAGO, March 17.—Butter— Higher; creamery, extras, 48%a48% standards, 483 ; extra firsts, 462471 firsts, 40%ad41:; seconds, 34a36. Eggs—Lower: receipts, 21,971 cases; firsts, 29%; ordinary firsts, azg TREASURY CERTIFICATES. { (Quotations furaished by Redmong & Co.) 4% June 15, 1925, 1001515 Joj 182 101 lois + 1002932 101 132 L101% 102 it SHORT-TERM SECURITIES. (Quotations furnished by Redmona & Co.) 1538 Maren 15, 1026, 41,8 September 15, March 15, 1927 4i3s December 15. 1 1926 | Alumipum Co. of Amer. | ‘American Sugar 6s 1837 5 | American Tel. & Tel. 8s 1625, | ApacondaCopper 65 1020 do-American Oil Tigs AnECiated oI 6 1085 Bell Tel. Central of Georgia 6 1020 Central Leather 58 Apr. 15, 1935 Cht. & St. Paul 6« 1034 Sigs 1926, City’ of Lyons 6s 1934 | Colum. Gas & Elec. 1at Continental Gas & Ei Du_ Pont_7i%s 1931 Pederal Sogar Ket, & 1055 Federated Metals 78 193 Goodyear T. & R. 8x 1931, Great Northern 7s 1938, Oregon Short Line 4s 1929, . R. R. 78 1830, Swift & Co. bs 1982 Tidewater Oil 635 1981, Wn(lnlhcule M. Ts 071 108 ‘l !"l:h-r llodyl Corp, 6s 1927 rlll'fl oun Feb. L 1 Picher "Body. Corp. Gs 1028 called on Feb. at 102, Five blocks of flats, housing 3.000 beople, ars 1o ba siecied ia Lendon. | changea, {ina AL, RICHMOND CALLS MEMBERS' MEETING Closer Mutual Understanding Sought by Federal Re- serve Institution. BY CHAS. P. The Federal Reserve Bank of Rich- mond has requested all local bers to be represented at a meat to be held at the Richmond in tion at 10 am. April 14. The cr ence will take the form of holders' meeting for the pu creating a closer mutual understans ing between those in charge at Ric! mond and stock-holding membe banks. Two similar conferences have heer held In the last two years. Thess have been productive of much goo it s said, drawing out informatior and cementing friendly relations be tween the bank and Its members It {8 entirely probable that at lea one annual meeting between reglonal institution mnd Its member will be provided for if rep tives determine the « and pos bilities of such meet warrar such action Luncheon session. SHAEFFER will follow the b Join Insurance Agency. The Washington Aetna Life augmented by A. Tracy the development new sa insuranc Mr. Tr: ance m fession in becoming old easte severed afMljated Agenes ag srance the Trading o Weakness set iy ton Stock Excharn and took its toll ssues. Washington sold off fractionall and [ Local Board 841 wise, on sales the marke with rece Capital Tractic ex dividend, was sales Involvi National | preferred Bonds Electric | Traction selling. Gas 6s were Big Bond Issues Due. Maturities of corporat sues during the exceed $2 being mat cording to th greatest cing sinca which was the preced Fewer Engines Need Repalrs. Locomot class cne railro amounted to 11.404 of the number or cording to tha sociat This under t n Servi on March 1 t of 780 since 1 Washingtoh Stucl; Ex}:hange. 99, $2.000 5 at 908 Gas Light . 10 at’ 59, Lauston Monotype—3 at 0 at Mils, 10 at & National Mtge. & Invest 300 at Bl AFTER CALL. Mige. & Invest 30 at 91, Potomac Fl $1.000 at 100 Washington Rws $2,000 at 101%. Capital Traction 3 at 9, Washingt 310078t 162 Capltal Traction Co 90 at 903, 100 2t 0% Washingtop Gas L Money—Call loans BONDS. PUBLIC UTILITY Bid 23 D National & EI —$2.000 & 1,000 n Gas 6s 50 at oo hi— 10 and 6 Asked American Tel. & Tel American Tel. & Telg: Am. Tel. & Tel etl. tr. 3 Am. Tel. & Tel. conv. 6s.. Telepone 08, - - o one o( Va r AMISC Pot. Joint Stock 1 Riggs Realty 0y (long) Rizge Realty bs (short) Southern Blax. atas. Mkt Cold & man ¥ STOCKS. PUBLIO UTILITY American Tel. & Telga | Capital Traction . Rwy Ry inal Taxi com.. 5 NATIONAL BANK National Capital.. Columbia Commerel District Farmers Federa Libe: Lincoln - National lemwhun. econd ationsl Bank of Washington TRUST COMPANY Security & Trust Trust Bank. avings & Trast. Americ Unlon Trust Washington Loas & T SAVI Commerce & Savings East Wasbington Becurity Sarings & Commerce. . Seventh Street. 2 TUnited States Washington Mechanic American Corcoran Fireme: Columbla Title TITLB INSURANC E. Transfer & Storage.. 110 Mergeathaler Linotype. . Natl. Mige. & Invest. 01d Dutcl ket com. Old Duteh Market pfd nm[‘, Teliow - Cab. . “Ex dividead 104% 6i. dividead,