Evening Star Newspaper, March 21, 1925, Page 12

® FINANCIAL. THE EVENING NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office FINANCIAL. BUILDING-LOAN 12 STOCKS SELL OFF [N SHORT SESSION Market Turns Heavy as Sell- ing Pressure Appears in Pivotal Issues. ! STAR, WASHINGTON, D. €., SATURDAY, MARCH 21, 1925. MODERATERALLY | Comms e BONDS e WHEATENDS WEEK INBOND MARKET ATLOWER PRCES UNITED STATES BONDS. H (Sales are in $1,000.) Sales. High. Low. Close. St. Paul Sixes Make Strong Govemment Probe only | Recovery—Foreign Group Quieting Factor in Wild Shows Good Support. Trading—Provisions Up. Low. 25 14% 100 11% 1% 844 81% 16% 41 38% 30% 97 4 174 210 23 57 5!\5 ll'l'k ssu Open. High. 95 95 14% 14% 1017 101% 1% 1% 1% 1% 86% 56% 83% 834% 15% 16% 42% 42% 38% 89 31 | Am Brk Shoe (5) 97 Am Can (17).... 176 Am Car & F (12) 218 Am Chain A (2). 23 Am Chicle. 57 Am Chiclectfs.. 54 Am Drug (60c). 6 Am Express (6). 147% Am & For Pow.. 30 Am Hide & Lpf. 70% Am Tece (7).. 87% Am Tce pf (6). 6% Am Internatl 85'%4 Am La Fran (1). 12 Am Linseed. . 28% Am Loco (118).. 132% Am Metal (3)... 47% Am Radiator (4) 96 Am Safty Rz (3) 52% Am Ship & Com. 1 Am Sm & Ref (6) Am Stl Fdys (3). Am Sugar. .. Am Sugarpf (7) Am T & Tel (9)*. Am Tobacco (7). Am Tobac B (7 Am Tobac pf (8 Am Typ Fdrs (1) Am WW&ZI 30c. Am W W pf (6). Am Woolen..... Am Wool pt (7). AmZincpf...... |A aconda (3). Ann Arbor pf. . Armourof T1 A. Arn Cons & Co Asso Dry G (5).. Asso Ol (1%)... AtT&SFe (7). AT&SFpf (5). Atl Birm & At... AtlanticCL (7). At Gulf & W I. At Gulf & WIpt. Atlantic Refin. .. Atlas Powdr(4) . Atlas Tack. . Austin-Nichols. . Auto Knitter Baldwin L (7).. Bal & Ohio (5). Bal & Oh pt (4). Bang & Ar (3). Close. 95 | Kayser (Julius). 14% | Kelly-Spring. 100 | Kelly-Spring pf. 11% | Kennecott (3).. Lee Rub & Tire. Lehigh Vai (814) Lig & My B (t4). Lima Loco (4) . Loews Inc (2) Open. High. 21 "o 14% 15 43% 48% 50% B0% 12% 12% 744 4% 58% 69 66 66 25 26% 644 46 88% Low. Close. 21 21 14% 14% 43% T48% 50% 504 12% 12% 73% 73% 68% 69 65% 65% 24% 24% 6l 64 46 46 8814 89% 84 344 17% 1% 11 11 891 39 86 86 17% 17% 128 128 6% 75% 38 38 248 56 66 40 21% 33 27% 44% 88 124 8L 65 87 RAILROADS. Sales. High. 83 Adams Exp (6).. Adv Rumley. Air Reduet (15) . Ajax Rubher. ... Alaska Junezu Allied Chem (4) . Allis Chalm (4). Am Agricul Chm Am Ag Chm pf.. Am Beet Sug (4) Low. Close. 83 »3 89% 92 106 997% 88% 91% 88'3 101 103% 102% Atchison adj 4s. .. Atchison gen 4s Atlantic C L 1st Atlantic C B&Oprindis. B & O gold 4 B&O cv 41 B &Oref bs B&O1stbsct. 15 101 16 101 13 102 16 14 10120 10120 101 20 49 100 30 100 28 100 23 100 10119 101 15 101 19 49 10129 10126 10128 59 100 18 100 17 100 18 30 104 25 104 227104 25 FOREIGN. Sales. High. 122 96% U53 964 7 102% 12 9b% 82 99% 49 86 14 93% 109% 107% 108% 93 84% £3% 964 102% 108% 102'% 100% 1025 107% 107 434 904 26% 9814 29% 99% 1013 110% 878 974 100% 100% Lib31%s. . Lib 1st 43 Lib 2 41s. Lib 3d 4%s. Lib 4 4Ys. . US4s1944. US4%s 62, Local Secretary Presents Figures at Election of Delegates. Long Bell A (1). Loose-Wiles. ... Lorrillard (3) 34% Louisiana Ofl... 17% Louis & Nsh (6). 111 Ludlum (2).. 40% McCro B (1.60).. 86 Mclntyre (1). 17% Mack Treks (6). 131 Macy HR & Co.. 754% Magma Copper.. 38% Mallinson & Co.. 24 Man EI Sup (4).. 56% Man Elev gtd... 65 Man El md(3%). 45 Man Shirt (1%). 21% Manila Electric. 32 Maracaibo Ofl... 28% Market St prior. 44% Marland Ofl..... 39 Mar-Rock (26c). 12% Martin-Pry (4). 82% Mathieson Alka. 65 Maxwell Mot A.. 871% Maxwell Mot B.. 54% May Dept St (5). 105% Mexican Seabd.. 14% Miami Cop (2).. 124 Middle States. 1% Midind Prpf (8). 99 Mis Kan & Tex.. 854% MK &Tpt (5).. 82l Missouri Pacific. 87% Missouri Pac pf. 80 Mont Power (4). 66% Montgom Ward. 44% Moon Mot (3)... 24% Mother Lode 75¢ 7% Murray (2.40) 3% ash Mot (t11).. 285 Nat Acme (sta). 4% Nat Biscuit (t4). 684 Vat Cl1 & Spf (7) 101 Nat Dalry (3)... 45% t Dpt Stores.. 41% NatDStist (7). 994 at Enamel & S. 33 Nat Lead (8).... 162% Nat Ry Mex 2d.. 2% Nat Supply (3).. 68% Nevada Copper.. 14 N Y Central (7). 118% ..o 182% Biclyn. Manhat Buff R & Pitt §1 Canad North 8',-.: Argentine 6s A. Argentine 6s B... Argentine 78 Austria T Bank of Japan Belgium 6s. Belgium 6%8s w1. Belgium 7% - Belgium 8s Berne 8s Bolivia 8: Bordeaux 6s Brazil 7s. Brazil 8s. Canada 5s1931. Canada 58 1952. a 518 192 Chile 75 1943 Chile 85 1926 Chile 8s 1941 Chile 85 1946. . . Chinese Gov Ry 58 Con Pow Japan T8 Copenhugen 5% Cuba 5l4e . Czecho 8s 1951 Czecho 891952 ct. Denmark 6: Denmark DEI5%s Mch 63, DEI5%s Nov'i.. Dutch East 16847 Dutch East 1 63°62 El Salvador 88 '48. Finland s f 65 '4 Framerican T%s. French 7s. French 7%4s. French 8§s German 7s.. . Ger Gen Elec Ts Halt} 6s. Hungary 6%s Japanese 4s. Japanese G‘.&n Jergens U M 6: Marselile 6s. exico bs. therlands 6 etherlands 6s NoFway 68 1943 Norway 68 1944 Norway s 195! I the Associated Press. W YORK, March 21.—Stock nrices opened firm on ve short overing in today's market and then turned he selling pressure was renew t the pivotal in str other recent strong BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, March 21.—The rally in the speculative and second-grade bonds which was the feature of Fri- day's market kept up today. It was especially marked in the St. Paul group, the secured 6s selling at par. There never was any reason for this one St. Paul bond weakening, inas- much as it is secured by deposit of first mortgage bonds, but the order of the court directing interest to be pald brought about a substantial r covery. The St. Paul 4s of 1925 were also bid up, but in this case it was simply further short covering. Other Bonds Higher. Missour!, Kansas and Texas adjust- ments selling at 85 today were up nearly 2 points from Friday's low. Among the tractions Hudson and Manhattan income 6s were in demand, but the Interborough obligations were weak. Convertible oil issues went up | with their respectlve stocks. Pan- Amerfcan Petroleum 6s being the leaders. The high-grade rails were firm, but not especlally active. One issue in especlal demand was the Vir- ginlan Rallway Gs. Atchison general 4s were down only & small fraction from their high of 90 made Friday. BY CHAS. P. SHAEF ~With one ex-| ception, the wheat market for a week | ciations oper past has ranged madly up or down | exceed $10,000,000 every day at least § cents a bus ures submitted and sometimes as much zs 14 cent The exception was on the day after the Seretary of Agricculture ordered a Government investigatic circumstances surrounc precedented se grain values ago, wheat this morn declines varying from corn 18 to 2% to % up, and p from 5 cents off to : b Lowest Price Bi.51. i v i Tt ot On the most viol > 4 s ward swings in price ket touched $1.51, May lowest level since January the top record of the season tablished—2.05% & bushel plunge of prices down to 1.51 was companied by reports that big specu- {lators who had bee P {put the market {haa given up the red in the mammoth had taken place Other reports had in price were large arrivals of wheat at I ters and to prediction similar shipments would cont be received in two me yet or longer Reports on Supplies. Buying, in which foreigners the iead, followed the collapse wheat market to $ for May livery here. The fact cropped also at this stage that the stock of wheat in Chicago ble for de- livery on May contracts had been reduced to about 900,000 buhsels that a possible squeeze in the mar here might result. Toward the of the week, on the other hand was current that a grain firm Antwerp and another at Berlin were in financial difficulties. but such ports were soon more than counter- balanced by renewed indicatlons « ught in Kansas and h juthwest, as well an outloo for unexpected dearth of exportable wheat supplies in Canada Corn reflected the action of wh toats were rel firm, helped by | { better demand from shipp i In line with the hog market visions slanted upward CHICAGO GRAIN PRICES | CHICAGO, March 21.—Wheat showed | t0 n early trend upward here today.j e ness of quota-| ool and Winnir sharp attention ating that C: 600,000 bushels left port the remainder of the | compared with 400,000 bush | tually shipped during th ing period last vear. taken of reports that in some sec )t Texas the wheat crop prospects Open 41% 86 174 1314 6% 39 24% 56% 66 45 21% 83 28% 444 39% 12% 824 65 874 54% 106% 144 124 14 99 35% 824 3715 £0 66% 44% 24% T's 37% 285 4% 6815 101 457% 424 99% 33 153 2% 63% 14 118% 132% 23 24 2454 28% 22 138% 464 48 66% 28 100% 9 Canad Pac deb 4s. . Centof Gabys Cent of Ga 6s. Ches & O cv 4% Ches & O gn 4%s Ches & O cv 5s. Chi & Alton 34s.. Chi B&Q gn 48’68 Chi B&Q 1st rf s CB&Q-11l 3%s. CB& Q-Oll div 4s. Chi & E 1gn bs. CM & Puget Sd 4s. CM&StP 45 25, the in a n, n mmered below last Acute Interborough broke 6% points low for the ve: Pan- can- while Can down night's wealkness Rapid to fit ta sues the States ing in 2 resulted i Compared with & showed to s un all the a rise of 45 cer taldwin wer points veloped in Transit, whic new first ted in nd Mack Trucks, Gulf Sulphur preferred T the ‘rucible Steel, exas in Woolen. was heavy. Total sales ted $00,000 shares, RAPID TRANSIT BREAKS. delivery | | president . and Hern STUART P. t e Special Dispateh to The Star. NEW YORK, March ure w the co horough Rapid nnov By W Chi & W Ind cn 4s. C& WI5%s'62 Cleve Term CCC &St Lbs, .. C&SIstds29. . Colo & Sou 4148 Cuba RR 68 Cuba RR T8 Den & Rio G cn 4s. D & Rio G Wst 5s. Erle conv 4s A.. Erie conv 48 B. Erfeconv4sD.. Erie con ext 7s.... Erie (Pa) cit tr4s. Grand Trunk 7s. Great North 6s. Gr North gen 7s... Hud & Man ref 5s. Hud & Man aj bs 11l Central ref 4s 111 C-C St L&NO 5! Int Rap Tran 5s. Int Rap Tr 55 stpd.195 Int Rap Tran 6s. Int Rap Tran 7s. Int & G Nor 1st 6s. Int & G Noraj 6s. . Towa Cent 1st Gs. Kan City Ft S 4 Kansas City S 5s Kan Cy Term 4s Lehigh Val cn 4 Louis & N uni 4s. . 21 apse The in big Inter nsit. This fol- ment that the would not render rying out ransit Commission expenditure of a very r the lengthening of sub- atforms. The stock had closed 241;. Today it broke to 1. it that French Bonds Supported. In the foreign group Jugoslav §s recovered fractionally. French bonds were supported at recent levels, but did not advance. The two new for- elgn offerings this week, the German Electrio Power 633s and the Finland 7s, went unexpectedly well, but this had no appreciable effect upon the magket for seasoned foreign obliga- tions. STOCKHOLDERS VOTE FOR RAIL MERGER Pere Marquette Ready to Join Nickel Plate if I. C. C. Approves. )nths Steel Common Steel common sold abo et but subsequent t There w noticeable selling in Bethlehem Steel reflecting » uncertainties of the trade situa- American after having sold e 177 fell away three points. Pan B with the short covering er, dropped over two points. But|BarnsdallA. the market generally in the last half | Barnsdall B. ... L ady with occasional | Beech Nut (13).. strength. Kennecott Copper | Bethiehem Steel 50 as compared with|BethStlpf (8).. v's low of 4715 Briggs MIg(3%) Bkl Edison (8) Bkl-Man Tran. Bkl Union G (4). | Bruns-Palk (90¢) Burns Br B (2) .. ir Add Ma (3). Bush Term (5) Eutte Cop (50¢). as (1 Butte & Su(30c). 17% Pacific Ofl (2) 2 Packard (111). nij Butesioh £ 22 Ay Pan-Amer (6).. 30% Pan-Amer B (6) | 109% Park & Tilford. 8% Pernsy RR (3). 5l Penn Seab Steel. 14% Pere Marq (4) 62% Pere Mar pf (5). 16% Phia Co (4)..... 54% Phila& RC&I. 286 Phillip Morris. . 44 Phillips Pet (2). diasco (4) 47% Pierce-Arrow in-Teed... 42% Pierce-Arrow pt rtain-T 1st (7) 9 Pierce-A prior 8 “hand Mot (3).. 82% Pierce OIl. “hes & Ohlo (4). 97 Pierce Petrol. .. Alton pf.. 14% Pitts Ut ctfs 1.20 Chi & Est 11l pf.. 48 Pitts Ut pf 1.20. 3 Pitts & West Va Postum-Cer (4) Press Steel Car. Prod & Refiners. Pub Ser N J (5). Pullman Co (8) . Punta Al Su (5). Pure Oil (13%).. Pure Oil pf (8) Radio Corp of A. “RSTIICcfs (4). Ry Stl Spg (8) Ray Cons Cop. av 4 lelded a ain Failures, NY On & Wn (1) Niagar F pf 1%, Norfolk South. . Norf & W (18).... rth Am (3.40) North Am pf (3) North Pac (5)... Orpheum (1.80). Otis Elevator (6) Otis Steel. s Otis Steel pf. Owens Bot (3).. Paclfic Gas 4x».. Parls-Ly" Paris Orleans Ts.. Poland 68 '40 Poland 85’50 wi Prague 7%4s.. Rio de Jan 8s 1 94 Riode Jan 851947, 1 93% Sao Paulo City Sa. 754 Sao Paulo State 85 10 101 Seine Dept of 8314 Serbs Crot Slo 8s. . 881 Sweden 5%sct. 99% Sweden 6s..... 104 Swiss 5145 1946 101% Swiss Confed 8s 1143 Ud Kingm 5138 " 116 Ud Kingm 533s° 1064 106% Kennecott Copper Stromg. Copper was one of the 1 its group, extending its ym_the recent selling low 30. ability of this o rebound tickly than an indi- Dun's Bus By the Associnted Press. N DETROIT, March 21.—Stockholders - of the Pere Marquette Railway, meet- ing here today, ratified leasing of the road to the Nickel Plate system. This is the final step necessary, aside from permission of the Interstate Com- merce Commission, to place the Pere Marquette in the rger being un- dertaken by the Van Sweringens of | Cleveland. Action of the stockholders meeting today was upon recommendation of | the company’s directors as of Febr ary 11 last. The proposed lease is for 993 years, similar to that present to the New York, Chicago and St Louis Railroad, the Chesapeake & Ohio Rallway, the Hocking Valley Railway and the Erie Railroad. Sevensy-two per cent of the stock the Pere Marquette was represented {at today's meeting, and no dissenting | vote was cast. 2 ow fanhat Yoy cn 4s & copper shares is A MK & Tadjss. .. M l\&TDr!nBuA Mo Pacific gen 4s. Mo Puctfi 106% | Mo Pacific 6a. | Montri Tm 15t NOTex& M ins S 1z below | Cal Pete (1%). pound aid |Ca!1£}‘el pu.) With copper Callahan 7 a K (‘dlu & A alumet & H se Thresh pf Cent Leather { Cent Leather pf. [CRRNJ (112).. tury Rib (2). :n copper MISCELLANEOUS. 97 8 931, 46% 101% 9678 1003 in the neig " has only 96'% 98 93% 961 Am Agr Chem 7%s 18 Am Chain =f 6s'33. 3 Am Repub deb 6s.. 10 Am Smit & R 1st 5s 24 Am Sug ref 6 AmT& Tecltrids. AmT& Tcltrbs. {AmT&Tsf5s. .. i-\mT&Tdth",: | rose to cont declaration, directors to | xt week. a 5 wed ) 2o N Y Cent deb 65 . NY Chi& St L New, Havd 4575 New Hav cd6s. .. New Hav tr 1.69 and|® followe with ¥ 146 to 1.i6%, were something of & setback gains all around. %. Corn and ofits ave flusnced by wheat predictions of better ship for corn. After opening unchanged | to 1% up ay, 1.173 to 1L18—the | corn ased a little and then H ral ad ' Oats hanged higher—May, C 58 1 months sho n Provisions were firme | ward b action of grai WwH Mas AmT& Tey 6s.. Am Water Wks 63 Am Writ Paper 6s. Anaconda 1st 6s. . Anaconda cv db 7s. Andes s pd Armour & Co 4%s. Armour Del 5%s. . Bell Tel Pabs.... Beth Steel pm 5s. . Jeth Steel 514853 | Beth Steelnf6s. .. { Bricr H St 1st 5%3 | Bklyn E .K"IE . Norfolk & W cv 6s Northern Pac Northern Pac Inter- low. | Chi Gr West pf ni Mil & St P... {Chi Mil & SP pf. kroner “w | Chi & Nwn (4). curtailing. | Chi Pneu T (5) im- \ ChiR1& Pac “RI& P Dt (6). | Chi Yellow C(4). > ny. ile Cop (216)- s | Chino Copper d States | Cyett Peab (5). ~Hogs—1| Coca-Cola (7)... ive, un-! Colo Fuel & Iron her than | Colo ble light- | Col G & B at _close: | Com Solv A (4) able, 170 m Solv B.. rn (3). 2 s ! | Consol Cigar . 40; stron& | Con Distributrs. FTECDG head; | Consol Gas (5).. it | Consol Textile. i Cont Can (4) . Cont Mot (80¢) . rn Prod (2). Cosden Co Crucible Stl (4). Cub Am Sug (3). Cub Cane Su pf.. Cuyamel Fr (4). | Daniel Boone. .. Davison Chem. . Deere pf (3) Del L&Wn ( . D &R G Wst pf. Detroit Ed (8).. | Dome Mines (2). | Dupoat (10). | Eastman (18) | Baton Axle. . | Elec P & Lt pf Elec St Bat (15). Emmerson B pf. End-John (5). Erfe.... Erie 1st pf.... Fairbks (2.60).. Famous P1 (8). Fed Lt & T (17). Fed Mines pf (7) Fisher Body (5). Fisk Rubber.. Fisk R 1st (1)... Flelschmann (4) | Foundation (8).. Foundation rts Freeport-Texas. 26% e = NEW YOB.K DAIRY PRICES YORK, March 21.—Butter, receipts, tubs. steady; rec “heese, firm; receipts, ages 19 e 2l RS~ 10% 65 84% 30% 87 50 52 33 23% 61 89 38% season steady nd T’enn.-\:aonQ . u Pennsyl gen 4135 Pennsy! gen 5. Pennsyl 5864 | Pennsyl 635 3 | Por RL&P 6547 leading gen 4138, Rio G West Ist 1. 75,535 pack- to ter CHICAGO LIVE STOCK MARKET CHICAGO, ch 21 (Unit partment of Agricuiture) celpts, 5,000 head; fairly v steady, 10 hi low po! Washington Stock Exchange. i t 10814 at 9, W w DAIRY PRODUCTS. IMORE, March 21 (S helped Bush T Bldg 5560 Calif Pete 615, Chile Copper 6= Cin G E 51862 Col Gs & El 5s sta. Commonxwth P 6s. Con Coal Md 1st 53 Rey Tob B (3).. AFTER CALL. Con G NY 518 wi. Roy Duth 4.42% 2 nal Metropolitan Bsuk—10 { Consumers Pow 58 FsiEng ot : it 2 | Cuba Canecvass. St Joseph Ld (2) BONDS. | Denver Gas 53 San F (6) Bid and Asked Prices. Du Pont de N 7138 tL SanF pf (6). SUBAG Gl | Est Cuba Sug 714% St L Southwes! e { Empire G&F 7%s. Savage Arms. can Tel. & Telga. 4s.. [ Feder Metls 75 '39. Schulte pf (8) ... A o e -. 1eiy 11| Fisk Rubber 8s... eaboard Alr L. . | Am. Tel. & Tel. ‘conv. 8s.... 0 | Gen Elec deb & Seabd Air Lipf. . costia ‘& Totomac o S ocatiin 6igx Sears-Roebk (6) & Potomac g [t Shell Un (1.40).. relephone e Himmons Go /(e | Humble O&R 5%s3. Sfinms Eet e Tilinols Bell 1st 53. el Ol 5 Indlana Stee molalnpree Int Mer Marine 63 kelly Oil. ... loss-Sheft (6) outh Pac (6)... outhern Ry (5) outh Ry pf (5). picer Mfg td Gas & EI (3) td Gas & E1 pt. ¢ Oil Calif (2).. StOill N J (1) Sterling Pr (15). Stew Warnr (5). Strombers (6) .- Studebaker (4) . Submarine Boat. Superior Oil.... Superior St (3) Sweets (new) Symington.. Symington A (2) Tennessee Cop. . TexasCo (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 Transu & W ( Underwood (3). Unfon Ofl (1.80). Un Pacific (10). . Jn Tank Car (5) Utd Alloy Steel. Utd Cigar (13%) Jnited Drug (6) Utd Fruit (10).. Utd Ry Invest U S Cast Iron P. U S Distributing U S Hoff (2). U S1nd 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). Universal Pipe.. Univer P pf (7). Utah Copper (4) Utah Securities. P | Remington Type at Replogle Steel. . Rep Ir & Steel.. Reynolds Sp (1). Washiogton Rwy. & Elec. com tl. Mige, & lovest. pfd.— 9 | Ducks, | pai d holdover I part held off market; heavy SUP & KCShL N,: St P (n Dep Gs. . nA&ArnP is.. | Seab'd A Lref 4s.. Seab'd-A L 4s sta. . Seab'd A Ladj 55 Seab'd A L con 6s. Southern Ry gn 4s Southern Ry Ist s Southern Ry 6s ct. Southern Ry 615s. Texas & Pac 1st 53 Third Ave adj 6 Tol St L & W 31 Union Pac 1st 4s. Union Pac 4s Un Pac 1st rf 5s. Cnion Pac ev 6s. Virginia R ¥ Va Ry & P 1st 5s. Wabash 1st & Western Md 4s.... Western Pacific 5 Wilkes B&E 1st 35 Cattle—Receipts, week end rally, mostly es off most ral supply fat . largely lower; better weighty kind o i g G R BRSNS UG 17.00 19.00 19,00 | d weig 1500 she stock to ower; to Capital Gity & Suburbun 5 e m=80a and fee prices f 063 0910 = 3300 ke r 0100 9113 59 = 19 <1 1480 B i e 00 13 nd cutte B bal . Pow. g. m. & ref. 9 L Alex. & Mt Alex. & M Ralt. & Annap. KCP&LLS AFTER POOR OPENING GRAIN AND PROVISIONS ?'Better Spot Demand Noted and :l:'“ 2 i More Favorable Weekly oo | l ALTIMO Statistics. 'COTTON GOES HIGHER - Wash! Wash. prin [ Lacl G re | Laclede G 5% 1,000 head; 000 head direct ed stations, compa ling lambs 81 'to 94 Ib, top, for hgton ashingto ash. Itwy. Wash. Rwy. & s MISCELLANEOUS, C. Paper 6s. Joint Stock ] (short) 100% 6474 9815 65 Louisv G & E 58’52 Magma Cop cv Manati Sug sf 7% Midvale Steel 5s. Mor's&Co 1st 4323, NY Ed 55’44 wi. N Y Edenlst 6145 NYG EL H&P 4s.. Y Tel4%s.. VY Tel 65'41... G Y Tel 65'49. . Yorth Am Ed 6s or Ohio T&L 6s.. Nor States Pow &s. Nor States Pow 6s. Otis Steel 7 : Otis Steel 8s. | Pacific Gas & E Pac T & T §s'62 Pan-Amer Pete 65 39'; Phila Co 5%s'38.. 1 Phila Coref 6sA.. 5 Alumingm Co. of Amer Pierce-Arrow 8s.. 1 994 | Ametican Tob Eomul Puhlicxs:)r‘\;iscess. & : s G lair Oil 68. .. gio-American Ol Tia Sinclair Ol 6%5... 2 | AStociated Oilu oa 1005 Haltimore & Obio B Sinclalr Ol 7s. . . 9215 | Bell Tel. of Canada Sin COP L6328 991, | Central of Georgia s Sin Pipe Line 58 dn | Cent. Leather 5u, Apr Skelly Oil 6165 Mil. & St, Paul Gs i South Bell Tel 5: So Por Rico Sug 75 Southwest Bell 5. Sug Est Orient 7s. Tenn Elec Pow 6s. Tide Wat Ol §145. Toledo Edn 1st 7. Union Bag & P 6s. United Drug 6s. U'S Rub 1st rf bs. U S Rubber 7148. U SSteels fos. Utah Pox & Lt Va-Car Chem 7s Vertlentes Sug 7s. griie &, Ce o S, Wacnar Sug 1a/83. Unlon Tank Car 7a 103 Warner Sug 7s ‘41 . e T West Elec bs. g West'n Unlon 618 Wextiaghouse Westinghouse 7s AR a3 WIbE wire Bpen, Fisher Body Hioro. 6 1925, called on Feb. Wilson & Co cv 11025, at 1 Wilson&C ov T%s Winchester A 7%s Youngstn S&T 6s COTTON INDUSTRY NOW ON FULL-TIME BASIS waool 17.00; to 90 g top weighty 92-1b. r weight €5 | By the Associated Press e ! "NEW YORK. March 21.—Cotton mar- | { ket ovened steady today at a decline TREASURY CERTIFICATES. | pounts on March, but generally 1 (Quotations furnished by Redmond & Co) |0 Points higher overnight buying {D : orders, encouraged by yesterday's talk | 4.0 Jof a_ better spot demand and bullish | squa weekly statistics erate May sold up to 25.78 to] Apples 50 in the first few minu el net advances of about 3 to T {the more active positions, new crop | being probably influenced by prospects for continued dry weather in the Sout west over Sunday. The bulge, howeve met realizing or_liquidation ' promoted | i by the easy showing of Live less favorable advices from F and the market was quiet at the end of | {the frst hour with prices off a few | | points from the best t Sales of cotton cloth in Fall River for | | the week were estimated at oniy 45.000 Dieces. It was reported that : | the plain goods mills there were shut- ting down part of the looms. b New York futures closed quiet | Ry but | steady. ! aiot a16.00; clos extremel wn; cho at close; pward to 13.00: fat ewes, £.00 eme top, 10. closing top, 9 nd she s lambs, mostly, : weck's top, 17.00; closing poun to | 6.00a8.00 ha 48, Mkt Cold Storage i Wardman Park Hotel ‘s . STOCKS. PUBLIC UTILITIES. American Tel. & Telga, Capital Traction . Wi 2.5024.00 in peppers, cra %38 June 15, 35 September 308 December {4555 Mareh 35, S.00a16.7 %5 16.60. hd October — points or GERMAN BONDS AND STOCKS °d in dollars per mi lec. ptd. Terminal Taxi com. Noon. Gardner Motor.. | Gen Asphalt. Gen Asph pf (5). ectric (8) £1 spl (60¢) . en Motors (6). Gen Mot Bt (6).. Gen Mot pt (7) Gen Petrol (2). Gimbel Bros | Gimbel Br pf (7) Ginter Co (1%3). Glidden Co. Gold Dust Goodrich. Goodyear pf (7). Granby Consol Grt North pf (5) Grt Nor Ore (4). Grt Wstn Su (8). Greene Canan. Gulf Mo & Nor. Gulf St Steel (5). Hartman (2%).. 29 Hayes Wheel (3) 83% Hays W pf (7%) 102 House P (13%).. 36 Houston Oil. 70% Hudson Man. . 24% Hud Man pf (5). 65 Hudson Mot (3). 43% Hupp Mot (1)... 15% Independ Ol (1) 27 Indian Refining. 8 Ind Ref pf (7)... 84 Ingersoll R (8).. 220 Inland Stl (2%). 44% Inspiration Cop. 25% Interb Rap Tr... 24% Int Com Eng (2). 39% Internat Har (5) 103% Int Mer Marine.. 12 Int Mer Mar pf.. 43 Int Nickel 26% Int Paper. 50% r, spot red W ex- er, SHORT-TERM SECURITIES. (Quotations furnished by Kedmond & Co.) e Gt (war loa 41,5 1910 134'4 39% T5% 98 4% 27 39% 39 14: 125 28 69% 1loY% 209 18% 196% 3274 28% 81y 121 874 95% 34% 45% 122 122% 39 80% 85 684 27% 80 25% 55 191418 1 5 4 Columbia Commgre District Farmers Federal-American . Alumioum Co. of Amer. 7s 103 Liberty 65192 Lincoln jonal” Metropotitan..., Cob, 7.00 per barr No. 2, 1.30. National ; e ts—No. 1, 57 —Nearby .28 14% 40, 513 96% 17 66 35% 95% 13% 26 73% No 1.10a TRUST COMPANY. American Security & Trust.... Continental Trust ... Merchants' Bank...... atlonal Savings & Trust £ 4% pre‘war. .. ort a-M 45 pre-war High Wash. Loan and Trust. > . suppl SAVINGS BANK. d to nd pres truck re [ points is » Quotatior No. othy, 16.00 mixed, 15.5 18.00a18.5 |17.00 Straw- ton: No straight rye sati acater Bank lin Bank Vienna Gl .00; October, New Orlcans Quotations. NEW ORLEANS, March 21 though the cotton market was due to open lower, as Liverpool cables were not up to expectations, it actualix| opened unchanged to slightly higher, first trades on the late months shos- ing gains of 2 to 3 points. The mar- ket continued to improve after the opening call on continued absence of rain in the West and an official fore- cast for fair weather over Sunda May traded up to 25.83, July to 26.08 and October to 25.13, or 5 to 13 points above the close of yesterday. While | prices eased off slightly by the first half hour of trading, the undertone remained firm. . New Orleans futures closed steady at net declines of 6 to 8 point High. Low. orthern 7s 1030 1f 0il Corp. of Pa. 5 Humble 0l 5ias Lehigh Pow. Sce. BOSTON STOCK MARKET. BOSTON, March 2 list of today's highe: ng pr for the ks dealt in here: High 11 81% vings Seventh Street. United States.. Washington Mechanic FIRE INSURANCE, Following is lowest ana most active American .. 5.00 Corcoran 16.0 nixed, e Pure Oil bius, <20 Low. Close. 15 %o 107 311, Fren 1415 5 o 0a16.00 p o inos. ) 00; No. Columbia Title. Ariz. Real Estate Title. Jun Z CHICAG CHICAGO, a list of tod quo Min % MARKET. ~Following i Chicago ) STOCK Mar 1 Vanadrum Va Ry & Power. ‘Wabash. .. £ Wabash pfA. 67 ‘Ward Baking B. 39 West Pen (4)... 117 ‘West Maryland. 13% West Md 2d pf.. 19% Western Pacific. 424 West Air Br (6). 103 Westinghse (4). 69% Wheel & L Erfe. 13% , ptd.. Storcnane Basster & Storage. Mergenthaler Linotspe. Natl. Mtge. & Inv. pfd. 0ld Dutch Market com. 0ld Dutch Market pfd. Lanston Monotype. Becurity Storage. Washington Market, Yellow Cab . *Ex. dividend. ions e FOREIGN EXCHANGE. (Quotations turnished by W. B. Hibbs & Co.) | Nominal Selling_ th!:kl gold value. 101% 101% 251 e 98 98y 24% 39% 103% 124 434% 25% 51% Neil "& lllmr : e Central .. h Commonwexlth Crane Co con Kraft Cheese wi West Ttil omery Ward ther Silk Warner London, pound il Montreal, dollar 5 Paris, franc Brussel Berlin, mark March . May July October Woolworth (3). 116% 116% 115% 116% Dominior BEE Ouiney : Swift Ewift & Inte Warren Brod sessmmesses. 4% Int Pap pf s! [nt Tel & Tel (5) Int Tel & Tel rts Jewel Tea pf. Jones & Lau (7 Jordan Mot (3) Kan City South 2% 91% 3% 105% 114% 47% 7274 91% 3% 105% 1% Lo 4614 TT85% 7 85% 86% 3oW ‘White Eagle (2). White Mot (4) Wickwire Spen. Wilson & Co Witson & Co of. on ctfs. Willya-Overind. Wills-Over pf.. 21% 61% % 10% 33 Worthington... 57 574 b4' 54 ‘Wright Aero (1) 17 i8% 162 ‘3“ Yel]ow Cab 2.62. 85% 36% 85% 85% {Partly extra, $Payable in rred stock. Divld!n rates as given in ¢l above table are the annual cash payments based on the ll;' st qu:‘:'lefl{”nr ';:;"EIP'! declarations. inless otherw] noted, extrs or divideads are uot included. 4 "':' The cotton-spinnirg industry oper- ated at full single-shift basis capacity during February, the Census Bureau report today showed. Activity was greater than in January. although the number of active spindle hours was smailer, due to a fewer number oL Worklng days, Copenhagen, cro Christinnia, crown December . Opening—March, 25.5 July, 25.98; October, 25.1 25.11, bid. Women in America and France ave stated to be the greatest users of per- fume ‘_. Carb Yellow 300 Yellow T Total ssles, 23,000 shares. it U Ml Mfg Every Democratic President of the United States has lived to complets the full term for which he was.chogc