Evening Star Newspaper, March 19, 1925, Page 28

" 28 wx ST FIN ANCIAL." THE EVENING STAR PARTIAL RECOVERY INSTOCK MARKET Short Covering, Rather Than Fresh Commitments, Aid Advancing Prices. BY STUART P. WE! Special Dispatch to The Star. NEW YORK. March 19.—Following a series of uncertain fluctuations, the stock market today had a tial re- covery. It had started in higher, but turned weak, with some stocks at new lows for the year. Then with nothing in the outside news to influ- 1ce prices one way or the other, the decline was checked ; It was a two-sided market most of the time. Probably the bulk of the buying represented the covering In of short contracts rather than fresh rommitments dealings were i a series of these ceded on each oc- an irregular decline Steel Stocks A here w e Steel just under 120 Here was one of the stocks which was | credited with receiving banking sup- port, not to bring about a general up- turn, but merely to keep the market steady while the liquidation of weak accounts was go- ing on. Bethlehem Steel ra above 41 under short covering, k was freely supplied at the Some buying came into American Sugar it dropped below 60. No- body was going to bid up In such a market stocks in which there was a large public interest, because this, from a professional point of view would be pure philanthropy. Ana- conda and Kennecott were two in this position, and accordingly they sluggish. Few persons on the out- side have Norfolk and/ Western and this was one of the things which were ahead whenever the general market permitted. Norfolk around 134 was up ¥ four points. he effect of the St was still felt in the railway sec- The St. Paul junior bonds and Loth classes of stocks were heavily sold again at new low prices. The preferred dropped under 10 and the common scld around 5. More atten- tion was paid to the part which the 4 Canal competition had play- bringing the St. Paul into re- hands, and this had a sub- effect’ upon Union Pacific, which sold around 142; upon Chicago Northwestern, which dropped below 65 for the first time, and upon Great Northern preferred and Northern I cific, which at one time were off 1l to 2 point Iron Pipe Off 70 Points. At 180 U. S. Cast Iron Pipe was off 70 points from its high of ‘the vear. Later the stock rallied some- what. Radio Corporation was very weak again, down 30 points from its top. There was other similar instances where the speculative ex- cesses of the Winter were being cor- rected with a vengeance. buck was down some its 1925 high record. and Suit broke sharply disappointment because the $4 divi- dend declared was no larger. At- lantic Gulf and West Indies rebound- ed against the shorts American Sugar sold down below 68 in face of the optimistic references heard regarding the company. Some predict the declaration of dividends this year at the rate of $6 annually on the common stock. A year ago raw sugar prices were at their high levels and the market broke from under the refining companies, which had paid high prices for raws and were forced to sell their own prod- ucts at a loss. Now the situation is reversed. Although American Sugar reported an operating loss for last year, it was able, through the sale of inventories and through other in- come, to show a balance of $18.15 a shate on its common. At its low of today General Asphalt was down more than 15 points from the high of the year. Some buying occurred in the stock on the announce- ment of fresh developments at the com- pany’s oil fields in South America. The talk of a dividend on the stock was abandoned some time ago, but now dis- cussion along this line has been revived A $5 rate has been mentioned. General Asphalt came through 1924 in relatively better shape than most other companies dependent either wholly or in part upon oil for their income. Paul receiver- tion 5 points from National Cloak on alleged MARKET CLOSES UNSTEADY. Increase in Buying Orders Helps Last-Hour Prices. iated Press. NEW YORK, March 19.—Heavy sell- priced issues and ex- umulation of many high- grade shares brought about contrast- ing price movements in today's mar- ket. The St. Paul Issues crumbled to while many of the and Western rails sagged to their lowest prices of the vear. Total sales approximated 1,700,- 000 shares, The closing was irregular. Buying orders p 3 ~dominated in the late trad- ng with Jump of 6% points in As- sociated Dry Goods and 4% in Pos- tum Cereal as the outstanding fea- tures. Markets at a Glance W YORK.—Stocks ngers at new lows. Bonds mixed: St. Pauls touch further low records. Foreign exchanges, easy; Wall street sellin Sugar featureless. Coffee steady; trade buying. irregular; CHICAGO.—Wheat, iregular; May higher on covering. Corn lower; dis- appointing demand. Cattle, higher. Hogs liver; light shipping demand. SHOBT TEB.M SECUB.ITIES (Quotations furaished by Redmond & Co. B 107 Ofte: *Aluminum Co. of Amer. s 19! 107 Central of Georgin t 19 Cent. Leather Chi ML & Cni.l . 1. ‘& Pacifie City of Lyons 6 1934. Columbin Gas & Continental I Pont L iats Federated Stgar 6s 1033 Federated Metals Ts 19 Goodyear T. & 1t 0il Corp of Humble 01l Lehigh Pow. Sec. M m,n 161 Short anin Tidewater Of TUnion Tank T, 8. Rubber 7lax 1830, Western Unfon 6ics 1636, Westinghouse E. & M. 7s 1031, torss er Body Corp. 6s 1927, called on Feb. - About 95 per cent of the woman garment workers in New York City recently went on strike for a 20 per cent fncrease in wages and a 40-hour week. 1 interesting contest in | further were | Sears Roe- | Abitibi Pow (4). Adv Rumley IAd Rumley p! . { Alr Reduct (15). Ajax Rubber. ... Alaska Jyneau. . Allled Chem (4). Allis Chalm (4). Allis Chim pf (7) Am Agricul Chm Am Ag Chm pf.. Am Beet Sug (4) Am Bosch Am Brk Shoe (5) AmCan (17).... | Am Car & F (12) Am Chain A (2). Am Chicle. Am Chicle pf.... Am Chicle ctfs. . Am Chicle pf ct. Am Drug (60c). Am Express (6). Am & For Pow. . Am & Fr P pf (1) Am Hide & Lea. i1Am Hide & L pf. IAm Tee (7). . | Am Ice pt (). | Am Internatl. | Am Linseed. Am Linseed p! | Am Loco (118). ; Am Metdl (3)... Am Radlator (4) Am Safty Rz (3) Am Ship & Com. Am Sm & Ref (6) {Am S & R pf (T) Am Snuff (12). Am Snuff pf (6) | Am St1 Fays (3) Am Sugar. Am ngnrflf (7! | Am Sumatra. |'Am Sumatra pf.’ | Am T & Tel (9). Am Tobacco (7). Am Tobac B (7). Am Tobac Am WW&ZI 30¢ AmW W pf (6). Am Woolen. Am Waol pf (7). Am Writ Pap pf. | Am Zine. Am Zinc pf. Anaconda (3). Ann Arbor. . Ann Arbor pf. Archer-Daniels. Armour. . Armourof If A" Armour Del (7). Arn Cons & Co Asso Dry G (5) . Asso D G 1st (6). Asso Oil (11) AtT&SFe (7 AT&SFpt (). Atl Birm & At... Atlantic C L (7) AtGuIf & WI... At Guif & WI pt. Atlantic Refin. Atlan Ref pf . Atlas Powdr(4) Atlas Tack. . Austin-Nichols. Baldwin L (1) Bald Loco pf (7 Bal & Ohio (6).. Bal & Oh pf (4). Bang & At (3).. Barnet Leather. Barnsdall A. Barnsdall B. Bayuk Cigar.... Beech Nut (13).. Bethlehem Steel Eeth Stl pf (7).. Booth Fisheries. Briggs MIg(3%) British Emp 2d. Bkl Edison (8).. Bkl-Man Tran. . Bkl-Man T pf (6} Bkl Unlon G (4>. Bruns-Balk(90c) Burns Bro (10).. Burns Br B (2).. Bur Add Ma (3). Bush Term (5) .. Butte Cop (50¢) . Butte & Su(50¢). Butterick Co. ... Caddo Central Cal Pete (1%)... Calif Petpf (7). Callahan Zince. .. Calu & Ariz (2). Calumet & H 50c Can Pacific (10). Case Threshing. Case Thresh pf. . Cent Leather. Cent Leather pf. CRRNJ (112).. Century Rib (2). | Cern d Pasco (4) Certain-Teed. Chand Mot (3) Ches & Ohlo (4). Ches &0 pf(61%) Chi & Alton. B Chi & Alton pt Chi & East Iil. Chi & Est Il pf. Chi Great West. Chi Gr West pf.. Chi Mil & St P Chi Mil & SP pf. Chi & Nwn (4) Chi & Nw pf (7). ChiPneuT (5).. Chi R I& Pac. CRI&PD!(6). CRI&Ppt (D). Chi Yellow C{4). Childs Company . Chile Cop (2%). Chino Copper. Cluett Peab (5). Coca-Cola (7). .. Colo Fuel & Iron Colo Southern Colo Sou 2d (4) .. Col G & E (2.60). Col G & E pf (7). Col Carbon (4) Com Inv (2.50). . Com In Tr pf (7) Com Solv A (4).. Com Solv B..... Congol-Nrn (3). Consol Cigar. ... Con Distributrs. Consol Gas (5).. Consol Textlle. . Cont Can (4 Cont Insur (6).. Cont Mot (80c) ... Corn Prod (2§ Cosden Co-. . . Crucible Stl (4) . Cub Am Sug (3). Cuban Am pf (7) Cuban Cane Sug. Cub Cane Su pf.. Cuba Dominican Cuban Dom pf.. Cushmans (3). .. Daniel Boone. .. Davison Chem Del & Hud (9) Del L&Wn (17). D&R G Wst pt. Detroit Ed (8). . Dome Mines (2). Dupont (10).. DuPont deb (6) . Duquesne pf (7). Eastman (18). ., Eaton Axle. . Elec P & Lt pf. Elec St Bat (15). Elk Horn & End-John (5)... Erie 1st pf...... Erie 2d pf. . Bxchange B (2) Falrbks (2.60).. Famous Pl (8) Famous pf (8).. Fed Lt& T (17) . Fed Mines pf (7) Fid Phoenix (6). Fisher Body (5). Fisk Rubber.... Fisk R 1st (1)... Fleischmann (4) Foundation (8). Freeport-Tex: Gardner Motor. . { Gen Am Tak ). { | Gen Asphalt. . Gen Asph pf (5) . Gen Cigar (8)... Gen Electric (8) n El sl (80c) . Gen Motors (6).. Adams Exp (6) .. 137% 132 40% 116% 14% 139 96% 107 108% 14 . 101% 62% 8% 644 29% 39% 37 16% 36 984 107% 135% 53% 154 261 11% High. 66 95 14% 50 98 11 1% 844 81% 105% 99 33% 120% 6 157 83% _ 40 106% 105% 106 115% 49% 11 25 128 112 79% 64 86 391 24 18 44% 624 41% 129% 40% 8% 80 374 96 18% 9% 9L 6% 174 18% 1% 2874 108% 8% 49% 14% 147% 25 60 16% 53% 275 43% 45% a% 32% 9 107 844 14% 33% 47% 11 25% 6% 10% 6315 114% 81 49% 86% 8% 30% 29 70 20% 98% 13 57% 5% 89% 654 4 84% 138 133% 40% 116% 14% 140% 964 107 110% 14 101% 64 8% 64% 29% 89% 37 16% 36 95 107% 141 63% 164 61 11 9% 76% 100% 8% 12% 49% 4% 87% 95 265% 114 Tow. 108 141 997 483 B9% 97% 14 40 132 864 8R 104% 48 101% 37% 8% 4 % 264 37% 24% 42% 29 100 21% 92 8% 175 99 82% 118% 95 5% 155 81%_: ~40 115% 49% 11 24% 126% 112 78 64 35% 39 225 17 43% 62 40% 954 5 84% 10 128% 38 8% T9% 367% 954 17% 9% 91 6% 16% 18% 1 27% 107% 3% 49% 14 145% 25 60 15% 5214 275 42% 45 41% 324 92% 107 814 13% 33% 46Y% 10% 24% 5 8% 62% 114% 80 47 856% 96 29 98Y% 13 57% 5% 89% 64 3% 33 137% 132 40% 116% 14% 139 96% 106% 108% 13% 100% 62% 8% 64% 29% 88% 36% 16% 36% 93 107% 135% 53 164 61 10% 78 % 9% 8 11% 47% 45% 87% 94% 261 11 0% 70% 69% " 50 Close, 66 95 14% 97% 104% 1% 84% 81% 105 14 239% 36% 27 954 Gen Mot pf (7). Gen Petrol (2).. Gen Refra Gimbel Bros. Ginter Co (1% Glidden Co Gold Dust. Goodrich. Goodrich pf (7). Goodyear pf (7) Gdyear prior (8) Grt North pf (5) Grt Nor Ore (4) . Grt Wstn Greene Canan. Guantanam Guif Mo Gulf St Steel (5) Hartman (2%) Hayes Wheel (3) Homestake (17). House P (131) Houston Oil. ... Hupp Mot (1). Illinois Cent (7) Independ Ol (1) Indian Motorey., Indian Refining. nd Stl (2%). nd Stl pf (7) inspiration v.,p. Interb Rap Tr. Internat Ag: Int Bus Mac (8) . Internat Har (5) Int Mer M Tist Mer Mar pf. Tnt Nickel. Inter Nick pf (§) Int Paper. . Int Pap pf & % j Int Ry Cent Am. L E 115% | 497 25 . 197% 12 7 27 6% B4 3 6215 108 - 8% 9% 29 70 29 98% 13 57% 5% 39% 638% | 4 344 187% 133% 40% 116% 14% 140% 96% 106% 1104 18% | 100% | 64 8 8% [ 294 | 393 | 864 16% 35% 95 1073% 140 53 154 61 10% 8 6%, 100% 8% 124 9% 46% 874 9414 2634 11% 0% (nt Tel & Tel (6) Int Tel & Tel rts Jewel Tea. 5 Jones Eros Tea. Jordan Mot (3). Kayser (Julius). Kelly-Spring Kenneeott (3).. Keystone T & R. Kresge Dep Str. Kresge S S (8) Kuppenheim (2 Lee Rub & Ti Lehig Lis& Lig & My Ludlum McCro B (1.60) Mclntyre (1) Mack Treks LS) Ma Prk 2d (7 Macy HR & Ca) Magma Copper. . Mallinson & Co Manati (3). .. Man EI Sup (4) Man El md(3%). Man Shirt (11%) . Manila Electric. Maracaibo Oil. Market St 2d pf. Marland Ol. . Mar-Rogk (25¢) . Martin-Pry (4). Mathieson Alka. well Mot A.. Maxwell Mot B May Dept St (5). Metro G pf (1.89) Mexican Seabd. . Miami Cop (2).. Midadle States Minn & St Louis. Mis Kan & Tex MK & T pf (5) Missouri Pacific. Missouri Pac pf. Mont Power (4). Montgom Ward. Moon Mot (3)... Mother Lode T5¢ Mullins B pf (8). Murray (2.40)... Nash Mot (+11).. Nat Biscuit (t4). Nat Cloak (4). Nat Dairy (3). at Dpt Stores Nat Enamel & S. Nat Lead (8) . Nat Ry Mex 1 Tex 2d. Nevada Copper. wpt U Gas (5) . OT&M (DS, Y Canners (2) N Y Central (7). NY C&St L (6).. C&StL pf (6). N Y Dock. ... NY NH & Hart Y On & Wn (1) Niagar F pf 1% orfolk South. Norf & W (8). North Am (8.40) North Am pf (3). North Pac (5)... Onyx Hosiery. Onyx Hos pf (7). Orpheum (1.80). Otis Elevator ( Otis Steel. Otis Steel pf. Owens Bot (3 Pacific Gas (8) Pacific Mal . Pacific Oil (2).. Packard (11%). Packard pf (7).. Pan-Amer (6).. Pan-Amer B (6) Panhandle. ..... Park & Tilford. Pennsy RR (3). Pernn Seab Steel Peoples Gas (8). Pere Marq (4).. Phia Co (4) Phila& RC&I. Phillip Morris. . Phillips Pet (2). Phoenix Hosiery Plerce-Arrow. . Pleréeé-Arrow pt Plerce OIl. .. Pierce Oil pf. . Plerce Petrol Pitts Coal. Pitts Term Cnal Pitts Ut pf t1.20. Pitts Ut ctfs 1.20 Pitts & West Va. Postum-Cer (4) Press Steel Car. Prod & Refiner: Pro & R pf (3 Pub Ser N J ( Pub S NJ pf (8). Pub S El pf (7) Pub S Gas pf(§) . Pullman Co (8). Pure Oil (1%).. Pure Oil pf (8).. { Radio Corp of A. Radio C pf (3%) Ry Stl Spg (8) Ray Cons Cop. Reading (4) . Reading 1st (2). Reading 2d (2).. Remington Type Replogle Steel. . Rep Ir & Steel . Rep T & Spf (7). Reynolds Sp (1). Rey Tob B (3).. Roy Duth 4.423% St Joseph Ld (2) StL & San F (5) StL SanF pf (6). St L Southwest. StLSwn pf (5). Savage Arms Schulte (*8).. Seaboard AirL.. Seabd Air Lpt.. Sears-Roebk (6) Shell Un (1.40).. Simmons Co (2). Simms Pet (50¢) Sinelair Oil. ... 1 (R) . Open. High. 105 494 49 48% 254 13 39 50 95 9214 106 64 344 94 1% 5% 24% 72% 29% 30% 44 35% 67% 224 a4 14% 114% 28% 14 % 44 103 245 241 81y 4% 13 114% 66% 51% 43% 12% 384 20 1% 43% 2 80% 6% 49 55 148% 23% 83 204 18% 105 60% b0 49% 27 134 39% 50% 95 93 108 641 343 94 Low. 105 484 49 48% 26% 124 39 49% 95 NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Omce Close. 105 650% 50 48% 27 13% 394 36% 23% 50 56% 474 21 31 27 1% 114% 66 1% 44 13 39 20 11% 45 2% 80% 6% 49 65 13 13 63 97 57 24 45 68 11 104 944 138% 27% 104% 53% 51 126 125% 5% 36 88 62% 15 49% 884% 13% 8% 50% 46% 69 79% 48% ¥l - 83 109% 22% 38% 160 tPart] 234 | Dividesd 325 | are the ann 20% 19 { that | thor | the ST. PAUL LIENS HIT NEW LOW LEVELS Liberty Bonds Firmer—Good Buying in Pan-Americans. Loan to Finland Sold. [ Special Dispateh to The NEW YORK, March 19.—Activity in the St. Paul group was again the feature of the bond market today with the quotations for all the junior issues coming closer together as it Lecame apparent that they would re- ceive the same treatment in reorgan- zation. " New low records were made for ail these various obligations. uget Sound 4x Break. was a_ sharp break also in nd 4s, carrying the price down nearly 3 points. While this particular bond is secured by first lien on the Pacific Coast extension, fact is not likely to have so much weight, as the majority of the bonds are deposited under the re- funding mortgage. Fractlonal ad- vances in the secured 6s and the gen- eral (now 1st) 4s followed the an- nouncement that the court had au- ed receivers to pay Interest on e issues Railx Highly speculative highly There the Puget Irregular. railroad irregular, further de- being foflowed 'in numerous ances by advances which made the Joss. St. Louis-San Fran- cisco incomes were for a time in de- mand at higher prices. 1. G. N. ad- Jjustments got belew 70 and raboard Air Line below 89. Local trac- tions were weak. Heavy selling came into the Interborough obligat and loss of over a point wera orded. Brooklyn Manhattan Transit 6s stead- ied on a favorable earnings report. Libertys Bit Higher. v Business in the high-gi rails and In the United States Government bonds was almost at a standstill, al- though bonds were a bit higher. Quo- tatlons were nominally unchanged, but this was because there was lack of interest on both sides. There was no new demand for money for busi- purposes, and so banks were liquidating securities, but there no new investment detand Fluctuations in the foreign Ot were bonds de ness not was either jlist were without significance Today's new offerings included $11.- 00,006 Jorsey Central Power and Light o yield 5.70 per cent, and $10.000,000 Republic of Finland 7s to vield over 7.50 per cent SELDEN TRUCK SALE CONFIRMED BY JUDGE By the Associated Press BUFFALO, N. Y., March 19.—Fed- eral Judge John R. Hazel has con- firmed sale of the Selden Truck Cor- poration of Rochester to the Fabric Body Co. of Detroit The purchasing company’s bid was approximately $450,000, of which $30.000 was paid in cash, the bal- nce representing debts assumed by purchaser. The Selde has been in t Moore, receiver, sinc the result of friendly receivership action instituted by the Continental Motors Corporation 25, BUTTER LOWER TODAY. CHICAGO, March 19.—Butter, low- er; creamery extras, 481 standards, 481¢; extra firsts, 46471 ; firsts, 40% ; seconds s, higher: ordinar: storage pac Sinclair pf (8). Skelly Oil. Sloss-Sheft (6) .. outh Port S (6) outh Pac (6)... Southern Ry xs) 84 23% 84 65 101 84k 23% 845 65 101% 86'% 85% 167 4% 51 594 4l 12% 6344 5814 62 43'% sy 4% 26 6% 16% 21 8 44 1139 538% 15% 10% 134% 38% 7% 9 4% 38% 39 % 37% 1434 4% 27 69 114% 5214 208% 13% 48% 195% 103 32% 28 78% 122% 354 94% 31% - 45 121% 122% B1% 85 6 834 6% 26% 17% 2% 11% 10% 25 64% 16% 964 113 96 116% 12% 17% 41 - 904 119 102 v 8% 104 208 124 26 26% 61% 10% 38% 12% 854 116% 55 0% 18% 48% 49 48% 49 63% 69% 69% 69% ble in preferred stock. in the above um latest qmrterl{ o.r. hl"?:::f’ dlfi"l:m Unless otherwise note wpecial Qividends are oot incindes 1 % St Oil Calif (2). COIlN T (1). 1 Plate G Sterling Pr Stew Warnr (5). Stromberg (6). tudebaker (4. bmarine Boat uperior Oil uperior St (3) - Sweets (new) mington..... ymington A (2) Tennessee Cop. . 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 & Pnper Union Oil. Unton O11 (1.80). Un Pacific (10) . Un Pacific pf (4) Utd Alloy Steel. Utd Cigar (13%) United Drug (6) Utd Drug 1st 312 Utd Fruit (10).. Utd Ry Invest. . Utd Ry Inves pf. U § Cast Iron P.. USCIPDL (7). U S Distributing U S Hoff (2).... U S Ind Alcohol. U S Realty (8).. U S Rubber. U S Rub 1st (8) U S Smelting.. USSmpf (3%). U S Steel (17)... U S Steel pf (7). U S Tobacco (3). Universal Pipe. . Univer P pf (7). Utah Copper (4) Utah Securities. Vanadium Van Raalte. . . Va-Caro Chem.. Va-Caro Ch pf.. Vivadou. Wabash. Wabash pf A Waldorf (1%). . Ward Bak pf (7) West Pen (4). West Pen pf (7). West Ele pf (7). West Maryland. West Md 2d pf. . Western Pacific. West Pac pf (§). West Union (7). West Air Br (6). WestInghse (4). Weston Elec. Weston A (2)... Wheel & L Erfe. Wheel & LEDS. White Eagle (2). White Mot (4).. Wwilson & Co. ... Wi'son & Co pf. Willys-Overind. Wills-Over pf. .. Woolworth (3). Worthington. ., Worthington B. ‘Wright Aero (1) Wrigley (13%4).. Youngstn S&T. . extra, 37% 143% 4% 27 69 11d% 52% 208% 18% 48% 186 103 2% 23 TT% 120 36% 4% 81% 45 - 12056 122% S1% 35 6 68% 26% 17% 2% 11% 10% 247% 644 16% 964% 112% 96 116% 12% 17% 40 90 119 101% 68% 10 20% 12% 2% 10% 10% 24% 63% 16% 964 112% 96 116% 12% - 16% 39% 89 119 101% 67% 9% 20% 124 24%. 26% 60% 10 25 12 83% 114 b52% 0% 17 26% 10 32 12% 834 114 he% T0% 17 26% 61 10% 25 12% 88% 116% 56 T0% 18% WASHINGTON, 82 . 24%. D. C, Lib 31%s.... 143 Lib1st 4%s 16 Lib 2d 4%s. 326 Lib 3d 4%s. 166 Lib 4 4%s.. 663 <US4s1944. 95 US4é%s's2. 31 Argentine 5s. . Argentine 65 A. Argentine 6s B Argentine Ts. Austria 7. Bank of Japan 6t Belglum 6s Relgium 6158 w .. Belgium 7ls Belgium 8s. . Berne 8s Rolivia 8 Bordeaux 6s. Brazil 7s. Brazil Tl%s. Prazil 8s.... Canada 55 1926 Canada 55 1931 Canada bs 1952. ... Canada 514 1929 . Chile 75 1943. Chile 8s 1941. .. Chile 85 1946. Chinese Gov Ry 53 Con Pow Japan 7s. Copenhagen 5%s. . Cuba 5is. .. Czecho 85 1951. Czecho R8s 1952 ot. . Danish Munic 8s B Denmark 6s. ... Denmark 8s. .. DEI5%s Mch'53 Dutch East T 6s'47 Dutch East T6s°§2 El Salvador 8s '48. Finland s f 6= '45.. Frameri French 7s.. French 7148 French 8s... German Ger Gen Elec 7 Greek Halt 6 Holland- Amer 6s. Hungary 6%s. Japanese 4s. Japanese 6155 ... Jergens U M 68 '47 Lyons 6s. . Mexico 4s ‘04 au¢. Mexico 5s. Montevideo Ts. Netherlands 6s '54. Netherlands 6s orway 6s 1943 Norway 6s 1944 Norway 6s 1952 Norway 88 Orient Dev deb Paris-Ly Poland 6540 Poland §& '56 wi Prague 7%4s. .. Queensland Queensjand 7 Rio de Jan 85 1947. Rio Gr Do Sul 8s. . Sao Paulo State §s. Setne Dept of Ts... Serbs Crot Slo 8s. . Sweden 518 ct. Sweden 6s...... .. Swiss 5148 1946 . Swiss Confed 8s... Ud Kingm 513829 Ud Kingm 513837 Uruguay 8s. Zurich §s.. . Ajax Rubber 8s. Am AgrChem 5s. . Am Agr Chem 7% Am Chain sf 65°33. Am Emit & R 1st AmSmit& R 6s. .. Am Sug ref 6s. Am T & Tcl tr AmT&Tsf5s. .. Am T & Tdeb 518 Am Water Wks 5s Am Writ Paper 8s. Anaconda 1st 6s Anacorida cv db 7 Andes 7s 25% pd. Armour & Co ll,,s Armour Del 5343. . Associated Oil 6s. . Atlantic Refin 5s.. Barnsdalls f 8s... Bell Tel Pa 5s.... Beth Steel pm 5s. . Beth Steel rf 53. Beth Steel s f 65 Brier H s Bklyn Ed gen b8.. Bklyn Union G 68 Calif Pete 8125 Chile Copper 6s. Cin GE5%s'62... Col Gs & El 5s sta. Con Coal Md 1st 5s Con G NY 5%s wi. Cansumers Pow 58 Cuba Cane cv 7s... Cuban Am Sur 83. Dt Edison 58 '40. Det Pdison ref 68 Donner Steel 7s Du Pont de N 7133, Duq L&P 5145 '49. . Duquesne Light 6s Empire G&F 7Tis. Feder Metls 7s '39. Gen Asph 6s Gen Elec deb o Goodrich 6% Goodyear 8s 1931, Goodyear 8s 1941 Hershey 65 1942 Humble O&R 51s. Illinois Bell 1st 53. Tilinois Steel 4%s. Int Mer Marine 6s. Inter Paper 5s '47. K C P& Lt 5sA'52. Kan G & E163°5 Kelly-Spring 8s Lackawa S 58 °50. . Lacl G ref 5534 Laclede G 5%s'33. Liggett & Myrs bs. Lorillard (P)7s. .. TLouisv G & E 5852 | Magma Cop cv 7s. . Manati Sug st %8 Mid-Con 6123, '40.. Midvale Steel 58 Montana Pow Mors&Co 1st 433 New Eng Tel6s. .. NY Ed 5844 wi N Y Edenlst 614 NYG EL H&P 4s NYG EL. H&P b8 N Y Tel 4%s NY Tel 68 '41. N Y Tel 65'49. North Am Ed 63 or Ohio T&L 6&. . or States Pow bs. Nor States Pow 6: Otls Steel 8s. Pacific Gas & El 53 PacT& T 1st6s. .. PacT&T5s'52... Pan-Amer Pete 6. Phila Coref 65 A.. Phila & Rd C&I 68 Plerce-Arrow 8s.. Public Service Punta Alegre 7s. . Saks & CosfTs.. Sharon Stl H 8 Sinclair Oil 68 Sinclair Ol 63%s Sinclair Oil 78 Sin CO P L 652! Sin Pipe Line 5s.. Skelly Oil 6%s South Bell Tel 5 Southwest Bell 68 Sug Est Orient 7s. Tenn Elec Pow 63 Tide Wat Oil 6% Toledo Edn 1st 78 United Drug 6: U S Rub 1st rf 6s. U 'S Rubber 7%s U S Smelter U SSteels £ Utah Pow & Lt Va-Car Chem 78 o Bush T Bldg 53 '60. 12 Commonwth P 6s. . 82 102 102% 11 39 20 8 26 1 15 4 18 17 10 101% 114% 116 1062 108 107% 10 98% 17 101 60 99% 6 98 17 96% AmT& T cl'trbs. . 3 AmMT&Tey 6s.... 4 1 8 1 3 % 1 38 153 29 Est Cuba Sug 7%s. ovey e e R NaRowawaloRon®ER = B0ewaa o) a8 8 2 4 22 377 1 3 4 11 13 1 1 63 20 16 32 .m 13I 1 8 2 5 100% | THURSDAY, MARCH 19, I ON NEW YORK BONDS STOCK EXCHANGE l Recelved by Private Wire Direct to The Star Office. UNITED STATES BONDS. (Sales are in $1.000.) Sales. Hig) 10116 101 10 10216 101 24 101 20 101 24 100 80 100 27 100 29 101 17 101 14 101 15 101 29 101 24 10130 100 18 100 16 100 15 104 25 104 22 104 25 FOREIGN. Sales. High. Low. 2:50. 2:50. 83 96% 964 102% 95'% 99% 85% 93% 109% 107% 108% 2% 84 82% 1074 96% 100° 102“} 103% 1027 100% 10616 106% 43'% 90t 96% 8% 99% 9914 109'3 101% 110% T 1004 100% 104 £5% £315 RIY 97% 4 1024 94% 98% Low. 83 6% 96 1024 95% 9% 85% 93Y% 109% 107% 108% 92% 84 824 107% 96Y% 100% 102% 108% 102% 100% 106% 106% 43% 904 96% 954 9915 99% 109% 101 110% 9714 aT% 90% 10214 103 9% 99 9% 110% 8€'s 76'% 5% 5L 0% 95 90% 103 100 934 0615 100% 87% 8844 99U 103% 101% 114% 116 106 107% 107% MISCELLANEOUS. 9874 101 83% 99% 100 124 87 101% 96 1064 109 100% 95% 954 104% 98 9434 100 954 _ 1104 1045 100% 9% 951 1048, 106 107 108% 87 1% 89% 841 108% 99% 95 95% 101% 103% 103% 109% 108% 101% 101% 85% 854% 106 106 100% 100% 106 108 94 % % 8% 106 107 106% 87 91% 100 854 109 99% 98 854 101% 1925. FINANC TAT. Va-CarCh 7%s w. Vertientes Sug 7s. Warner Sug 75 '39. Warner Sug 7s '41. West Elec bs 8 West'n Union 63 4 Westinghouse 7s.. 21 Willys-Ov 6%s°33. 2 Wilson & Co 1st 85 11 Wilson & Co cv 6s. 19 Wilson&Cevi%s. 1 173% Youngstn 5&T 6s.. 13 98% RAILROADS. Sales. High. 1 20 5 21 38 49 941 9% 93 9844 110 107% 100 95% 74 49 94 79 90% 98% 110 107% 100 95 8% 49 94% 79 90% 98 110 107% 100 951 Ann Arbor 4s. Atchison adj4s... 8 Atchison gen 4s 9 Atlantic C L 1st 4s. & AtlanCL 4%s'64. 2 AtlanticC L7s.... 1 27 B&OPLEWYV 4s. Bklyn-Manhat 6s. Buff R & Pitt 414s. Canad North 63s. Canad North 7s. .. Canad Pac deb 4s. Centof Ga5%s. .. Cent of Ga 68 - Ches & Ocv 4l4s. . Ches & O gn 4% Ches&Ocvis. ... Chi & Alton 3%s. . Chi B&Q gn 4s '58. Chi B&Q 1st rf 5s. Chi GreatWest 4s. Chi&EIgnss.... M & Puxel Sd 4s *28. Colo & Sou 414s... Del Hud cv 58°35.. Del & Hnd 513s. ... Den & Rio G cn 4s D & Rio G Imp s D & Rio G W Det United 414s Erfe 15t cons 4s. . Erie gen 4s Erfe conv 4s A ie conv 4s B Erie conv 4s D ie con ext 7s. . Erle Genessee R §s Grand Trunk 7s. .. Green B& W db B. Great North 5s. .. Gr North 53s. .. Gr North gen 7s... Havana ERL&P 5! Hud & Man ref 5s. Hud & Man aj 5s. . 111 C-C St L&NO 63 Int Rap Tran bs. .. Int Rap Tr 5s stpd. Int Rap Tran 6s Int Rap Tran 7s... Int & G Nor 1st 65 Int & G Nor aj 6s. . Iowa Centrf 4s. .. Kan City Ft S 4s.. Kansas City S 5s. . Kan Cy Term 4s Lake Shore 45 '31. . Lehigh Val cn 4s.. Louis & N unl 4s.. Louis & Nash 64s. Manhat Py cn 4s.. MilEI Ry & L6 M &St L1st rf M&StLrfex5 M StP & SSM 5155, N StP & SSM 6145 MK&T4s B. MK & T adj 5 MK&TprinbsA. MK&T6sC.. Mo Pacific gen 4s. Mo Pacific 5s '6. Mo Pacific 6s. . Montrl Tm 15t 5s. . Nassau E Ry 4537 en gen 3148 N Y Centriss. N Y Cent deb 6s. NY Chi & St L5 New Hav cd 63 New Haven Tsfr.. NY.Ont W 1st 4s \Y W & B Norfolk & W cv 6s. Northern Pac 3s. .. Northern Pac 4s... Northern Pac 5s D Northern Pacr | 6s Ore Short Liref 4s. Ore-Wash 1st rf 4s Pennsyl con 4148 Pennsyl gen 414s. . Pennsyl gen 55 Pennsyl 5s64. Pennsyl 6% Pennsyl gold 7s. Pere Marq 1st 58 Reading gen 4155, Rio G West 1st 4. RIArk & L4ls St LIM&S 4829 .. St L IM&S R&G 4s. StL&SFpl4sA.. StL&§F prinbs. StL&SF54%sD StL&SFadj6 StL&SF inc6s. StL&SFpl6sC.. St P Un Dep 5s. San A & Arn P 4s.. Seab'd A Liref 43 Seab'd A Ladj 5s. . Seab’d A L con 6s.. Sou Pacific 45’29 Sou Pacific ref 4s. . Southern Ry gn 45. Southeérn Ry 1st bs Southern Ry 6s c Southern Ry 614 Term Asso St Li5s. Texas & Pac 1st 53 Third Ave ref 4s Third Ave adj b: Union Pao 1st 4 Tnlon Pac 4s'27.. Un Pac st rf Union Pac cv 6s. Virginia Ry 1st 5s. Va Ry & P 1st bs Wabash 1st5s.... Washash b%s, '76.. Western Md 4s. ... ‘Western Pacific 5s ‘West Shore 1st 4s. Whel & LE rf 41459 WOOL PRICE CHANGE FOR BETTER IS SEEN Special Dispatch to The Star. BOSTON, March 19.—Firmer wool prices reported from Australia today tended to strengthen the local market for all but pulled wools. These are being offered by some firms as low as $1.30 to $1.35, fully 10 cents below recent quotations. The stronger Aus- tralfan cables lead merchants here to belleve that the bottom has been reached there and this, they say, means stabilizations of the domestic market. Noils have been offered this week at 90 cents for half-blood stocks. CARROTS SELL RAPIDLY. NEW YORK, March 19.—The mod- erate supply of Texas new crop bunched carrots met a more active demand today around $1.75 to $2.25 per bushel basket, but State old crop stock was dull at 76 to 90 cents per 100-pound sack. Iried May | cotron { point j his office { gested {mizht take mine the cause of the recent decline. | | Receipts, i broader: FRESH ADVANCES INGRAIN MARKET Quotations Move Upward Slowly—Corn and Oats Up—Hogs Cheaper. By the Assoc CHICA earl: Bris! ted Press , March 19.—Wheat scored fresh advance in price today buying on the part of comm sion houses was the rule, with atten- tion turning largely to prospects of difficulty in obtaining sufficient sup- plies to fill outstanding contracts for May delivery in Chicago. Much of the buying appeared to have its sources in the East and South. Open- ing quotations, which varied from the same as vesterday's finish to a rise of 2, with May 1.62 to 1.63 and July 144 to 1443, were followed by a rapid series of fluctuations that car- wp to 1.6 Corn and oats sympa dvance in the wheat m opening at i to 1 higher. to 1.191s, corn reacted then climbed again Oats started unch May, 45 to 48%. I moderate general g Provisions were or, responding to a setback in hog values WHEAT hized with the rket. After May, 1.19% little and September Beptember RYE May July 2 September LARD May Jul RIBS May July 16, 19 100 1905 1900 19 \COTTON QUOTATIONS VERY QUIET TODAY 4l’nces Ease Off on Reports of Ram. After Slight Rise at Opening. By the A NEW YORK market advance 1 point rm on ated Press March 13 eady tod ts to a with near months r dy Liverpool cabl rnight spot advic the South. Further coveri some trade buyin the advance appeared to be well supplied around and 25.40 for October, easing off from the best M to to the the first hour, net of about 5 to o d relatively owing to the in the Southwest of advices to “diate prospects for opened of § pe under Jetoger tober h decline ather steady ntinued dry quarter New Orleans Quotations. XEW ORI 2 mark. bout st although Liverpool was slightly bet- ter than due. First trades were 4 higher to 3 lower compared with yesterday's close. Prices gained slightly right after t May trading to 2 October to higher comp close. Altho showed t generally dry, a inches at Browns Texas. w possibilities north. Prices e from the initial highs. The Gov ment announced that linters pro to the end of February totaied 95, bales. 25.00. ther beit rain of ille, extreme considerad to map 1.4 hold out rther sed off 5 to ed \PROMISES T0 PUSH GRAIN BREAK PROBE Supervisor Duvel Says It Will Take Ten Days to Learn All Causes. By the Assoc CHICAGO, Duvel, trading ed Press. March supervisor in 19.—Dr. J of grain Chicago, said would make its confidential market for the the recent fluctuations these reports may suggest will followed up. His office keeps re of the movements of the market, said, and receives individual from the traders. A number of complaints, it derstood, have been received here and at Washington. Dr. Duvel said he had received a few which sug- “manipulation.” while others made no att ket changes. W futur today a check of reports o the grain % o period of Any be ords he report is_un- Dr. Duv 10 days or added that ft more to deter- CHICAGO LIVE STOCK MARKET | CHICAGO, March 19 (United States Department of Agriculture). —Hogs— 37.000 head, slow: mostly 10 to 15 lower; shipping orders light; hlg. packe doing little; under- weights, 10 to 25 off; extreme top, 14.50; bulk, 180 to 340 Ib. averages, 14.10a14.40; 140 to 150 1b. weight large, 13.10a13.50; bulk, packing cows, ; strong weight slaughter 12.25a12. heavy slaughter pigs, eceipts, 9000 head: dN:Hne on fed steers stopped; trade generally strong to 15 higher; in- between grades showing most ad- vane killing quality largely medium; shipping demand relatively early top weight steers, some held higher: best year- 50; few above 11.00; bulk fed $.50a10.50; mod- of warmed-plain qua she stock cashed active at fully steady prices; bulls strong to 10 higher; weighty sausage bulls up to 5.00; light kind mostly 4.25; vealers slow, bidding unevenly lower; mostly 10,00a10.50 early; few 11.00 to packers; outsiders, 12.00 ‘to 12.50; stockers and feeders, slow; weakened by recent fat steers decline; little selling under 6.75; mostly 7.00a8.25 Sheep—Receipts, recent erate supp offerings, moderately 14,000 head; very .dull; no early sales of fat lambs; few bids around to 50 lower; talking 15.00a15.75 on good to choice $7 to 80 1b. weight; fat sheep around steady; good ewes, 9.25; feeding and shearing lambs opening atound steady; early bulk, 16.35a16.60. TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) 4348 June 13, 1 23 September 48s December 15, 1 4%s March 15, 1020.... . 4ids September’ 15, 1626 485 March 15, 1927. s December 15, 1027... 101 1516 102118 up, | there were | | the was | points | = mornu;.h; leads | both | mpt to explain the mar- | X NATION OPERATING COSTS ARE PARED | Savings of $132,000,000 in Ordinary Expenses Effected in February—Gther Notes. BY CHAS. P. Total ordinary {the Government last amounted to saving of appre wpared with the previous mo; Treasury Department announc: st item in this economy AEFFER. costs of operat during Febr only $160.643 ximately . which in 19, while redit to was deducted. Other factors entering into the de- crease included a paring of approxi- mately $12,000,000 of interest on the public debt, $8,000,000 of refunds on internal revenue receipts, $6.000,000 in the requirements of the Depart- ment of Agriculture, $5,000,000 for ths Navy Department and a like amount | in postal deficiency January required $95,- in February an excess the amount of $34,065 | Bank Work Progressing. | Work en the new home of the Fed- | eral-American National Bank is pro- | ressing rapidiy, with the structure { now being roofed. The stone work s {all laid out and will be completad in about six weeks, according to the en | gineer in charge e bank will be replete with mammoth limestones, y weighing between five and six ing some of the largest quarried, the gineer Carving of head Fourteenth street begin st of renown The heads | tive of the various natio lrar-—w figures on the the han ken for banking rooms tes are also being ta | the interior of th i Bank Dividend Voted. Directors of the Washi Mechanics' Savings Bank have de clared the regular quarterly divide |of 4 per cent, payabl April 1 t \< ockhelders of record March 31 Theater Officers Re-Elccted. The follo | danl Th & officers of the Cra were nimous th. ay for ito M. Cran Hoffma Capt sumpert, W A. Drury Neison B. Bell un, August White er a d Life Insurance Sales Up. United & ed to su\ 450,01 rance Resear. poris is $64.95 |in Fe f last year Trading on Loe {a Board Monotype sold off fra the at 80, only , was stro “Boy Broker's” Amniversary. C. J. Gockel. vice presider the boy brok: of the District is today receiving felic -ninth birthda south | | Washingtofi Stock?x?:hange. SALES & Elec. 45—£2,000 at S0, 10 at 01 AFTER CALL & Invest. pfd 100 at 93, = 10 8t loans. 5 and 6 BONDS. Bid and Asked Prices. PUBLIC UTILITY omac guar Potoma. Potomac Potom | Pot. Eiec. £ Wash., Alex. & Mt Alex. & M1 Ba Wash., Wash. MISCELLANEOUS Paper 8 it Stock L'd Bk (long) STOCKS. PUBLIC UTILITIES American_Tel. & Telga... | Capital T Washington | Norfolk & Wash.'Steamboai.. | Wash. Rwy c. Wash. Rwy Terminal Taxi com.. NATIONAL BANK Sational Capital.. Commerc | District = Farmers ‘& Mechanies’.. Riges Second Nation: { TRUST COMPANY. American Security & Trust.. Continental Trust.. = Merchants’ Nation Union Wash. Loan & Trust ot Washington.. United States.. FIRE INSURANC] National U - 'l|'l"l,fl INSURANCE, Real Estate ‘Inle . Merchants® 1n|'n~h\r & qu'e * Vashing on Market Yellow Cab.. *Ex. dividend It Sir Henry Curtis-Rennett (e elected to the British Parliament and fulfills his election pledge, he will hava to kiss 16,260 woman clectors in the constituency.