Evening Star Newspaper, April 1, 1925, Page 28

fINANCIAL. STOCKS SLOW UP ON PROFIT TAKING Weak Spots Crop Out After| Day of Rather Steady Advances. r. W star April 1.-—The in showed a nY Special Dispateh to SW YORK market today t with fi > st easingly ing the motor attention, nunouncement rdicite purcha This led to ut other deals in 1d. The Packard pre that negotiations for tion including his comy under way, and when this d 1ed the stock, which had Mg at the start, dropped stock stimi price move! shares came followi of of ment in_ for the ove ankin the a ident “Auto Merger Gonsi Merger reports had to do also with udson and with Briggs Manufactur- Is on Hudson Motor, however, | tent that it did not require to put the stock up. s fully justified by positions. The | run up over a neral ptors | affected by the con- | mation of the Dodge transaction h the last chapter in the Bait and Ohio refunding successful- | the stock responded | rise. B. & O, now| Las no maturities to face until 1929. | The offering of 5 b cent South- | western division bonds went off with a rush her such story i was not accomplished th moderate good | in parts | in- | |Ab|ln.u Pow (4). Same Bxp (6). Aeredvcl 5). ax Rubber., aska Juneay All Am Cable (7) Allied Chem (4). Allied Cm pr (7) 1= Chalm (4). Allis Chim pf (7) Am Beet Sus (0 Am Bosch. ,. .. 1 Am can ¢ Am Can pf 7y, AmCar & F (12) Am Chain A (2). Am Chicle. Am Chicle otfs. . | Am Express (). Am & For Pow Am & Fr P pt Am Hide & I, \m Hide & Lipe Am Tee (7). ... Am Toe pr () Am Internati Am La Fran (1). Am Linseed. ... Am Linseed pf. Am Loco (118) Am Metal (3)... Am Radiator (4) Am Safty Rz (3) Am Ship & Com Am Sm & Ref (6} AmS & R pf (7). Am Stl Fdys (3) Am Sugar Am Sugar fif (77 Am Sumatra. ... Am Sumatra pf. \m T & Tel (9). \m Tobacco (73 | Am Tobac B (7). Am Tobac pf (6) Am WWg ELN AM W W pf (6). Am Woolen .. Am Waol pf Am Zine Am Zine pf. \naconda (3) Archer-Danisls Armour of 111 A | \ssoDry G (5). Industrial Industrial Alcohol was h the annual report showing after all changes and pref dends equal to common stock 1 a balance of $11 Inasmuc! no dividends were paid out in| the s the profit and loss surplus was d to $16, at the of against 142.000 - Kennecott to 45 was renewed offer to exchange for Utah on the basis of one share of the latter for one and three- quarters sharcs of the former Other Strong Spots. Alcohol Up. | Iped by | a balance | rred div 0 on the | cither of close at the The conne rise in cted with th was eXplanation for the Magma Copper other than | gossip that intere had been bu There rise in speculative to the inside A further rise in Foundation Co. to | 110 encountered a lot of profit taking. | Mallinson was bid up nearly 3 points | from its low of Tuesday on the state- ment that the mills are running at| capacitf. Persons in touch with Mack ffairs said, as the stock crossed at there was nothing impending rear future No General Advance Seen. | inx the | ot n the some fresh initiative | the buying side. But | \dications whatever that whole was attempting a renewal of the main was broken off nearly hing toward nce which happening | better un- | mulation of d during the ,000,000-share days that appeared to be he development of due to the reac ks which had been of the MARKET CLOSES STRONG. Demonstration Motors Late Trading Feature. Br the As<ociated Press, NEW YORK, April 1.—Stock pric: displayed a firm undertone in toda i et, the dullest full day's session election day. The apparent cesation of forced liquidation, the re- in Asso Ol (1%) | At T & SFe (7) AT&SFpf (5). Al Birm & At... | AtlanticC L (7). ALGuIf& WI... At Gulf & WI pf. Atlantic Refin. ustin-Nichols. . Ealdwin L (7). Bal & Ohio (5). Bal & Oh pf (1). Barnet Leather. Barnsdall A. Barnsdall B. ayuk ut (2.40) Bethlehem Steel Booth Fisheries. Briggs M{g(3%) British Emp 2d. ison (8).. Bkl-Man Tran Bkl Unlon G (4) . Brown Shoe (4). Bruns-Balk(90c) Burns Bro (10) Burns Br B (2). Bur Add Ma (3). Bush Term (5).. Eutte Cop (50c) . Butte & Su(50c) . Butterick Co Cal Packing(6). | Cal Pete (1%)... Calif Pet pf (7).. Callahan Zinc. Calu & Ariz (2). *Canada Sou (5). Can Pacitic (10). Case Threshing. Cent Leather. Cent Leather pt. CRRNIJ (112). Century Rib (2). | Cern a Pasco (4) Certain-Teed Chand Mot (3 Ches & Ohio (4). Ches &O pf(612). Chi & Alton. Chi & Alton pf. Chi & East Til. Chi & Est 111 pf. Chi Great West. Chi Gr West pf.. Chi Ml & St P. Chi M1l & SP pf. Chi & Nwn (4) Chi & Nw pf (7) ChiPneu T (5) covery in wheat price sing of call money d a bullish ef- | fect on sentim lotal sales ap- | proximated 1,050,000 shares. | The closing was stron Buying | expanded in the late trading. which | s featured by a bullish demonstra- | n in the motors. sh jumped 13 points, Mack Truck and United | States € Iron Pipe, National Lead and Arms climbed 3 to nearly | at a Glance Stocks strong; mo- sharply; Nash jumps 13 Bonds firm rench obliga- Foreign exchanges neh frenes react 8 points. quiet and irregular. Sugar featurcless. Coffee lower; poor spot demand CHICAGO—Wheat stead export inquiry. Corn firm; smaller re Cattle advanced; better | & demand. H her. PACKARD MOTOR HEAD DENIES MERGER PLANS mproved Special Dispateh to T NEW YORK, Brothers’ sale, vas & enough tr: a in the marke mobile shares. he Packard Motor president was promptly quoted as denying that his sCompan volved in any .deal les the same attitude namely, to discourage stories affecting automobiles utomobile parts producers, evertheless the Street clung to the »f which it had held all along, binations in the motor field 1l thing to e , and, was no large speculation roup, the operations in stocks were some- e Star April 1.—The announced o Dodge | night, nsaction to y for the | aut while there in the motor a few of t what impr ive. TWO DIVIDENDS VOTED. YORK, April 1.—The 0. lias declared Vulean a dividend on the preferred stock ount of arrears, in addition to the cgular quarteriy disbursements of | per cent on the preferred and the preferred “A." all payable July 20 to stock of record July 9. BUTTER LOWVEBV EDAY. CHICAGO, April 1—Butter lower; creamery extras, 4313; standard, 43; extra firsts, 421;a43; firsts, 403%a 417, . 33a nchanged; receipts, 16,891 A poetid ! FOREIGN EXCHANGE. (Quotakions furnished by W. B. Hibbs & Co.) Nominal Selling checks ®old value. foday. -$4.8665 100 Tondong pound MontreBl, dollar Paris, {ranc Brus Berhn, mark lira . urich, fran Atiens, drachma Madrid, peseta . E Vienna, 0001414 lo014 Christiania, Stockholw, crown Chi R I & Pac ChStPM&Opf Childs Company. Chile Cop (2%). Chino C Coca-Cola (7). | Colo Fuel & Iron Colo Southern. Col G & I (2.60). Col G & Epf (). Col Carbon (4). Com Solv A (4) om Solv B. Congol-Nrni (3). Consol Cigar Con Cigar pf (7) Con Distributrs. | Consol Gas (5).. Consol Textile. Cont Can (4) Cont Mot (80c Corn Prod (2) . Corn Prod pf (7 Crucible Stl (4). Cub Am Sug (). Cuban Cane Sug. Cub Cane Su pf.. Cuba Dominican Cushmans (3). | Cuyamel Fr (4. . Daniel Boone Davison Chem. . Del & Hud (9).. Del L&Wn (17). D & R G Wst pt. Detroit Ed (8) .. | Dome Mines (2). Doug Pectin (1) Dupoat (10).... Eaton Axle..... Elec Pow w i r Bat (4) Emmerson B pf. Erie. .. Erie 1st pf. Fairbks (2.60).. Famous Pl (8). Famous pf (8).. Fed Mines pf (7) Fisher Body (5). Fish Bd O pf (8). Fisk Rubber. Fisk R 1st (1). Fleischmann (4) Foundation (8) Freeport-Texas Gen Am Tnlk (3). Gen Asphalt. | Gen Cigar (8) Gen Electric (8) Gen El spl (60¢). Gen Motors (6) . n Mot pf (7) Gen Petrol (2). Gen Refrac (2) Gimbel Bros. Ginter Co (1%) Glidden Co. Goodrich. ... Goodrich pf (7). Goodyear pf (7). Gdyear prior (8) Granby Consol... Grt North pf (5). Grt Nor Ore (4). Grt Wstn Su (8). Gt West Spf (). Greene Canan. .. Gulf Mo & Nor.. Gu M & N pf(6) . Guif St Steel (5). Hartman (2%). . Hayes Wheel (3) Hays W pf (13%) Hoe & Co A (4) .. Homestake (7). House P (13%) Houston Oll. ... Hudson Man. Hud Man of (6). Hudson Mot (3). Hupp Mot (1)... Independ OIl (1) Inland Stl (2%) . Inspiration Cop. Open. High. 63 92 974 1% 21 124% 82%, 113 66 02 893 1% 2% 124% 83 118 79% 104 40t 29% 164'% 117% 202 2t 55% 142 2914 89 10% 6314 at 76 34 117% 21% 59 4 125 164 96% 534 11t 984 107 49% 651 97% 14% 42 & 188% 88% RT%H 51 106% 37% 9% 128% 38% 9% 64k 85% 96% 174 78la 98% Bl 15% 18% 103% 20% 110% 3 48 57% 141% 46% 101 Low. 66 92 97 10% 123 Close. 66 92 99 11% 2 1239 &3 118 79% 104 40% 6% 163% 1% 202 22% 66% 53 142 29% 89 94 62 90 76 34 1% 215 59 1244% 464 6% 53% 114 93% 107 48% 65 9T% 14% 2 183% 881 U U ] THE | tntern Rap Tr... Int Bus Mac (8). Taternat Har (5) Inter Har pf (7). it Mer Mar pf. Int Nickel Int Paper Int Ry Cent Am. Int Shoe (5). (nt Tel & Tel (6) Jewel Tea Jones Eros Tea. Jordan Mot (3). Kan City South. Kayser (Julius). Kelly-Spring Kennecott (3). Kresge S S (8). Kresge Dep Str. Laclede Gas (8). Lehigh Val (33) Lig & My B (14). Lima Loco (4).. Loews Inc (2). Loft.... Long Bell A (1). Loose-Wiles. Lorrillard (3). Toutsiana Oil Louis & Nsh (6). Ludlum (2). Mackay pf (4).. Mack Treks (6). Mack T 1st (7).. Macy HR & Co Magma Copper Mallinson & Co.. Mallinson pf (7) Man El Sup (4). Man Emd g (5) Manila Electric. Maracalbo Oil. .. Market St prior. Market St 2d pf. Market St pt Marland Oil. .. Martin-Pry (4). Mathieson Alka. Maxwell Mot A.. Maxwell Mot B. . May Dept St (5). Metro G pf (1.89) Mexican Seabd. . Miami Cop (2).. Middle States. .. Mid-Continent. MinStP & QS\I M StP&SSM pf 4. AMis Kan & Tex. MK & T pf (5). Missouri Pacific. Missouri Pac pf. Montgom Ward. Moon Mot (3)... *Morris & F X. Mother Lode T5¢ Mullins Body. ... Murray (2.40) Nash Mot (+11). Nash pf (7)..... Nat Acme (sta). Nat Biscuit (14). Nat Dairy (3) Nat Dpt Stores. Nat Enamel & S. Nat Lead (8). Nat Lead pf (7). Nevada Copper.. N Y AirBr (4).. NYAITBra@. N Y Canners (2) N ¥ Central (7). NY C&StL (65.. NY NH & Hart. . NYOn & Wn (1) Niagar Fpf 1%. Norfolk South.. Norf & West (7) North Am (3.40) North Am pf (3). North Pac (5) Ontario Mining. Orpheum (1.80). Otis Elevator (6} Otis Steel. Otis Steel pf.... Owens Bot (3).. Pacific Gas (8).. Pacific Mail. ... Pacific Ofl (2).. Packard (11%). Packard pf (7).. Pan-Amer (6).. Pan-Amer B (§). Penn C & Cke Pennsy RR (3). Penn Seab Steel. Peoples Gas (8). Pere M prior (5) Phia Co (4)..... Phila & RC& 1. Phillip Morris. . Phillips Pet (2). Plerce-Arrow. . Pierce-Arrow pt Pierce Petrol... Pitts Coal. . Pitts Coal pf (6) Pitts Term Coal. Pitts Ut pf t1.20: Pitts & West Va. Postum-Cer (4). Press Steel Car. Prod & Refiners. Pub Ser N J (5). Public Serv rts. Pullman Co (8). Punta Al Su (5). Pure Oil (1%) Pure Oil (8).... Radlo Corp of A. Radlio C pf (3%) Ry Stl Spg (8).. Ray Cons Cop... Reading (4). Reading 2d (2). Remington Type Replogle Steel. . Rep Ir & Steel.. Rep1& Spf (7). Reynolds Sp (1). Rey Tob B (3)... Roy Duth 4.42%. Rutland pf. St Joseph Ld (2) St L & San F (6) StL SanF pf (6). St L Southw. St L Swn pf (5). Savage Arms. .. Schulte (*8).... Seaboard Alr L. Seabd Air L pf. . Sears-Roebk (8) Shattuck-Ariz. . Shell Un (1.40) .. Simmons Co (2). Simms Pet (50¢) Sinclair Ofl. Skelly Oil. Sloss-Sheff (6).. South Port S (6) South Pac (6)... Southern Ry (6) South Ry pf (5). Spicer Mfg. . Spicer pf (8).... Std Gas & El 3) St 011 Calit (2).. StOIINJ (). St OilNJ pf (7). Std Plate Glass. Sterling Pr (15). Stew Warnr (5). Stromberg (6) .. Studebaker (4). Submarine Boat. Superior Oil. Symington Symington 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.... Twin City (4)... Un Bag & Paper. Unton Ofl (1.80). Un Pacific (10).. Un Pacific pf (4) Un Tank Car (5) Utd Alloy Steel. Utd Cigar (13%) United Drug (6) Utd Fruit (10).. Utd Ry Invest Utd Ry Inves pf. U S Cast Iron P. U S Distributing IS pr (7). SHoff (2).... Int Cement (4).. Int Com Eng (2). Int Mer Marine. . 18% 374 11% 44 6% 48 86 43 18% 65 107 53% 23 66% 23 182 a1y 26% 104 51% 50% 124 12% 72% 38 68% 15% 46% 88 13% 3% 50% 46% 46% 64% 9% 46 0% 69% 111 22% 36% 153% 5% 23% 83 21% 18% 23 84% 70% 100% 8a% 84% 15% 9 i 58% 404 117% 12 62% 59% 644 43 % 4% 17% 21 % 43% . 102% 50% 13% 10 126 38% 8% 7% 166 82 182 24% EVENING NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Omice 56 102% wlx 19 12% 11 1 27 81 45 31 | terboro iss STAR, WASHIN BOND ISSUE SOLD Rallying Tendencies Noted in Many Parts of Bond List in Day’s Trading. BY GEORGE T. Special Dispatch to The Sta NEW YORK, April 1.—Bond price: were inclined to work higher today, but trading was still on a restricted scale. There was no quotable change In time money, but the slight relaxa- tion in rates for call funds had some cffect on the United States Govern- ment bond list, prices holding very firm. There was no weakness In the high-grade rails, while some of the gilt-edge industrials, such as General { Electric debenture 5s, were in de- j mand. HUGHE: Seaboard Insues Strong. lative rafls, as a_ rule, did Strength in Seaboard Air Line issues was especially noticeable, the refunding 4s getting up to Other Seaboard Air bonds were up fractionally. Large yields are ob- tainable on all these Seaboard issues. St. Louis-San Francisco bonds were also strong, the income 6s getting up nearly a point. Missouri Pacific gen- eral 4s gained almost as much. In- ternational Great Northern adjust- ments sold ex the annual $4 inter- est payment and practically un- changed. St. Paul bonds, secured under the general and refunding mortgage, sold flat on the announce- ment that interest would not be paid on the refunding 4%e, which an April 1 coupon Tractions Irregula Traction bonds were irregular, In- es being weak on an un- favorable earnings statement and hicago Railway 5s heavy on doubt s to the political situation. Brook- lyn Manhattan Transit were higher. Magma Copper 7s were up over a point, while other copper issues were dull and neglected. Among the sugars the leader was Cuban Dominican 7lzs. The foreign group was featured by a brisk recovery in French bond: running up a point and over, while the 7138 gained about as much and the §s | 80ld above par again. There was a bet- ter market for the Beigian bonds and | for the Austrian 7= The principal new 000,000 Balti 6s offering was $4 - cent s sold and the books closed. |WEEKLY REPORT SHOWS ONION PRICES HIGHER Because of moderate supplies, the market for Northern onions strength- ened noticeably during the last week of March Texas cabbage also sold higher, but most other products de- clined. Asparagus was arriving in heavier volume. Total carlot move- ment of leading fruits and vege- tables showed only a slight gain. The heavier shipments of lettuce, asparagus, Southern abbage, new potatoes and mixed vegetables were nearly offset by lighter movement of other lines, the Department of Agri- culture reported today. NEW SECURITIES GAIN $36,926,400 IN MONTH By the Associated Press NEW YORK; April 1.—New corpo- rate securities issued in March aggre- offering w. 26,400 over the same month last vear, it is shown in a compilation by the Journal of Commerce. Both in- dustrial and railroad securities gain- ed, industrials were larger by $29,855,500, accounted for by an in- crease of $32,860,400 in stocks while bonds declined $10,876,000. The total for the three months this year was $1,181,171,100, a gain of $418,047,400 over the same period of 1924, WILL NOT BUILVDV BRIDGE. Kentucky Unable Join Project With Indiana. LOUISVILLE, Ky.. April bers of the Indiana Highway Commis- sion were informed Monday that Ken- tucky will not be able to participate in a proposed bridge building program at Evansville, Ind., for the next two years. W. €. Montgomery, chalrman of the Kentucky Highway Commission, told the Indiana Road Builders at a meeting here Jast night that the condition of the State’s road funds would prevent the State from participating in the proposed construction of the bridge. to in 1.—Mem- AUTO PLANTS RUSHED. LANSING, Mich., April 1 (Special).— Sales demand and production at all Lansing automobile factories are in- creasing, with prospects that the volume of business will set a new March record. The Reo plant is work- ing 12 hours a day and falling behind orders, while Durant and Olds are nearing capacity production, GAS PIPE PRICES REDUCED. NEW YORK, April l—Domestic manufacturers of gas iron pipe have reduced prices $1 a ton to $73.50 and $74.60 f.0.b. New York U S Ind Alcohol. U S Realty (8). U S Rubber. . USRublst (8).. U S Smelting (3) U S Steel (17)... U S Steel pt (7). U S Tob pf (7) Universal Pipe. . Univer P pf (7). Utah Copper (4) Utah Securitie Vanadrum. Van Ralte 1st (7] Va Ry & Power. Vivadou. Vule Det pf (7). Wabash. .. Wabash pf A (5) Waldorf (14). ward Baking B. Ward Bak pf (7) Wells-Fargo. . .. ‘West Pen pf ( West Elc pf (7). West Maryland. West MA2d pf.. 17% Western Pacific. 89 West Pac Df((_’i)l. 89 West Union (7). 29% 67 80% 118% 363 93% 36% 116% 128 . 108 36% 6% 83 65% 26% 0 77 124 80 20% 624 16% 38 96K 12% 6% 116 11% 82% 119 36% . 94 35% 116% 128 108 85% 8% 83% 65% 26% 60 7 14 80 21 62% 16% 38% 964 124 95% 116 11% 17% ao% 38 8 110w 178 99% 99y 67% 67 0% 9% 21% 21 1% 11 264 26% 61% 59 % % 0k 9 9 8% 31 31 12% 124 854 6% 17% 118% 47% 493 0% 704 16% 415 65 ferred stock. 80% 118 36 984% 36% 116 122% 106% 34% 6% 83 65 26% 60 7 12% 80 20% 624 16% 87% 964 12% 95% 116 11% 17% 8274 118% 36% 84 36% 116% 122% 106% 354% 8% 834 65 26% 60 7 18% 80 21 62% 16% 37% 96% 12% 954% 116 11% 17% 395 89 119% 9% 67% % 21% 1% 26% 61% % West Air Br (6). ‘Westinghse (4). Weston m(.ch B eston A (2). Wheel & L Erie] ‘White Eagle (2). White Mot (4).. Wickwire b Boen Wilson & Co. ... wison & Co pf. willys-Overind. ‘Wills-Over pf. .. Woolworth (3). 118% Worthington 48 Worthington B. 70% Wright Aero (1) 16% Wwrigley (13%).. 47 Youngstn S&T *0dd lots. 26% % 10% 84% 124 86 latest Qulflerlncor half- nlrly dnl.nt_ Uulexs otherwise noted, extra ee spocial @ividends are mot included. ed $324,253,800, an increase of $36,- | D. C., WEDNESDAY, APRIL T 1925 B. & []. MS’M]’[m ' I NEW YORK BONDS@ Recelved by Private Wire Direct to The Star Office. UNITED STATES BONDS. are in $1,000.) Sales. High, \ (Saly Lib3%s.... Lib 3d 4 Lib 4 4%s. US4%s's2. FOREIGN, Sales. High. 159 96% . 96 Argentine fs A Argentine 65 B Argentine Ts. Austria 7s. Bank of Japan 6 Belgium 6 Belgium 61%s wi.. Belgium Tles 1 94% 9% Low. 11 101 10 1018 Lib 1st 4%s 105 101 24 10121 Lib 2d 4%s. 339 100 31 100 29 57 101 18,101 15 227 10131 101 28 U S 43 1944. 157 100 20 100 17 13 104 25 104 23 2:50. 1019 101 24 100 30 101 18 101 31 100 20 104 25 Low. 96Y% 96 102% 102% 94% 99% 83% 92% 07 Relgium 8s..... 107% Berne 8s > 14 1084 Bolivia 8s. .. Bordeaux 6s. Brazil Ts.... Brazil Tis. . Rrazil 8s Canada Canada rup 1929, Chile 7s 1843 Chile 851926 . Chile 8s 1941 Chile 85 1946. Chinese Gov Ry 653 Con Pow Japan 7s. Copenhagen 5%s. . Cuba 5% Crecho 8 1951 Czecho 85 1952 ct. . Danish Munic 8s B Denmark 6s. Denmark 8 D E-I5%s Nov '§3. Dutch East I 68 '47 Dutch East I 6362 El Salvador 8s'48. Finland s f 6= '45. . Framerican 714 French 7s. French 7% German Ger Gen Greek Ts Haiti 6s. Hungary 63 Japanese 4s Japanese 614s. Jergens U M 63 "47. Lyons 6s. Marseille Mexico 4s "04 asnt. Mexico 4s 10 asntd Montevideo 7s. . Netherlands 6s '54. Netherlands 6= v 65 1943 rway 63 1944 orway 6s 1952 Norway Ss.... nt Dev deb 6s. R34 2215 9014 1023 954 99% 99 Paris Orleans 7s Poland 6540 Poland 8s '50 Prague 714s. ... Riode Jan 8< 1946, Rio de Jan Ss 1947, Rio Gr Do Sul s.. Sao Paulo City Ss. Sao Paulo State §s Seine Dept of Ts... Serbs Crot Slo 8s. . Sweden 5%s ct Sweden fs. .. viss 5145 1946 Swiss Confed Ss. .. Ud Kingm 5148 '29 Ud Kingm 5%s'37 Ud Steam Copen 63 8 9415 Uruguay $s..... 1084 MISCELLANEOUS. Ajax Rubber 8s 4 99 Am Agr Chem 9814 Am Chain sf 6s "33, Am Repub deb 6s.. " 5 Am Smlt & R 1st b8 30 Am Smit & R 6s. s AmSugref6s..... 4 Am T&Tcltrds.. Am T & Tcl trbs.. AmT&Tst 78 Am T & Tdeb 5%s. 32 Am Water Wks 6s. 1 Anaconda 1st 6s... 20 Anaconda cv db 7s. Andes 7s Zo% pd. Armour & Co 4 Armour Del 53 s Associated Oil 6s. . Barnsdall s f 8s. Bell Tel Pa 3. Beth Steel pm 5s Beth Steel rf 5s. .. Beth Steel 51553, Beth Steel s f 65. Brier HSt Ist 5 Bklyn Ed gen 5 Bklyn Ed 6s B. BKlyn Union G 58 Calif Pete 63s. Cen Leth 65'45 cfs. Chile Copper 6s. Cin G E 515562 Col Gs & E! 5s sta. Commonwth P 6s. Con Coal Md 1st 5 Con G NY 535 wi. Consumers Pow 5 Cuban Am Sue $s. Denver Gas 5s..... Det Edison ref 6s.. Du Pont de N 7135, Duq L&P 535 '49.. Dugquesne Light 6s Est Cuba Sug 7%s. Empire G&F Tls. Goodrich 6%s. ... Goodyear 8s 1931. . Goodyear &s 1941.. Hershey 6s 1942. Hoe & Co 612 4 Humble O&R 5%35. Illinois Bell 1st 53. Iilinols Steel 414s. Int Mer Marine 6s. Inter Paper 55 '47. KC P& Lt 55A'52. Kan G & El 6s'52.. Lackawa S 5850 Lacl G ref 55'34... Laclede G 5% '53. Liggett & Myrs 5s. Liggett & Myrs 7s. Lorillard (P) 5s. .. Louisv G & E 55 '52 Magma Cop cv 7s.. Manati Sug sf 7% Midvale Steel 55. Montana Pow 5s. Mor's&Co 1st 4% Nat Tube 1st 58 New Eng Tel 58 N Y Ed 58 ‘44 wi. N Y Edenlst 614s.. NYG EL H&P 5s. .. NY Tel 4% N Y Tel 6541 NY Tel 65°49. .. North Am Ed 6s. North Am Ed 6%s. Nor Ohio T&L 6s. . Nor States Pow 53. Otis Steel 88 pacific Gas & E163 Pac T& T 1st 5s. Pac T & T 5s'52. Pan-Amer Pete 65.49 Phila Co 5%s 38 Plila Co ref 6s A. Phila & Rd C&I 5 Pierce-Arrow 8: Plerce Oil deb 8s Public Service 5s.. Public Service 6 Pub Serv Elec 6s Saks & Co sf T Sinclair Oil Sinclair Oil 6%s. Sinclalr Oil 7s. Sin COP L 6s’28.. Sin Pipe Line 5s. Skelly Oil 6%s. South Bell Tel 58 So Por Rico Sug 7s Southwest Bell 5 Tenn Elec Pow 6s. Tide Wat Oil 6%4s. Toledo Edn 1st 7s. United Drug 6s. ‘ Utah Pow & Lt U S Rub 1st 1f 5s. U S Rubber 7% 9% 97 100% 87 8614 9914 103% 114 116 106 106%% W o © RBREEaaSpunraarte RO AED N eD 1% aRvamana 101 105 Va-Car Chem 7: Va-Car Ch 7%s 100 101% 101% 92% 827 102% 102% 1031 1033 103% 9914 9914 9914 997 991 997, 4 110% 110% 8415 100% 87 8644 9914 1034% 101% 114 115 87 86% 994 10314 114 115% 106% 944 105 9815 9715 26% % 10615 102 95% 991 100 11814 102% 96% 1068% 109% 100% 103% 95% 95% 96% 95 100% 95% 111% 96 104% 100% 84 103% 104% 964 1044% 105% 106% 88 91% 99% 8415 108% 99% 104 8% 100% 103% 109% 102% 934 85% 104% 101 1064 85% 85% 46% 46% Sales. High. Vertientes Sug7s. 1 92% Warner Sug 75°39. 4 78 Warner Sug 78'41. 3 92% West Elec s 13 99% ‘West'n Union 618 1 110% Westinghouse 7s.. 6 107% Wickwire Spen 7s. 2 85 Willys-Ov 6%s'33. 7 100 Wilson & Co 1st 6s. 9 95% Wilson & Co cv 34 T4% Wilson&C cv 7%s. 16 74% Youngstn S&T 6s.. 13 98% RAILROADS. Ann Arbor 4s. 64% Atclison adj 4. 827 Atchison gen 48 8915 Atlantic C Ll 86% Atlan C L 4158 '64. 918 AtlanticC L 7s. B&Oprin3ks B& O gold 4s Low. 92! 78 92% 99% 110% 107% 85 100 95 7 4 98 64 of imp 6 SWdlv 3125315 & O PLEWYV 4. Bklyn-Manhat 6s. Buff R & Pitt 4% Canada South 5s. . Canad North 6%s. Canad North 7s... 1 Canad Pac deb {s. . Car Clinch & O 6s CentotGa6s..... Ches & O cv 4%s. . Ches & O gn 4% Ches & O cv b8, Chi & Alton 3s.. .. Chi & Alton 3%s.. Chi B&Q gn 458, = Chi B&Q 1st rf5s.. 8 Chi&EIgnbs.... 28 Chi GreatWest 4s. 16 CM & Puget Sd 20 CM&StP4s’28. 251 CM&StPdb 76 CM&StP gn 45°89.. 19 CM&StPcv4alss. 64 CM&StPgn 4l4s 17 CM&StPrf4ls. 88 CME&StPecvbs 2 5 9 4 1 8 4 2 4 0 ChiRysbs..... ChiRT& P gn 4 ChiRT&Prf 4s.. Chi Un & Cleve Term 5s T& WI5%s'62 CCC&StL4Ys CCC & St Lbs. . CCC&StLrf6sA. Del Hud cv 53 '35. Del & Hnd 515 D & Rio G imp 53 D & Rio G Wst 5s. Det United 4s. (Pa) cit tr 4s. Trunk sf db 6s. and Trunk Green B & W db B.150 Havana ERL&P 51 24 Hud & Man ref 6s. 21 Hud & Man aj 6s.. 45 11l Central ref 4s.. 10 111 Central 5138 13 I11C-C St L&NO 68 13 Int Rap Tran 5s... 44 Int Rap Tr 5s stpd. 19 Int Rap Tran 6s... 37 Int Rap Tran 7s... 11 Int & G Nor 1st 6s. 14 Int & G Noraj 6s.. 38 Towa Centrf 4s. .. Kan City Ft § 4s... Kansas City S 3s.. Kansas City S 5s.. Kan Cy Term 4s Lake Shore 4528 Lehigh Val 5s 2003 Louis & N uni 4s. Louis & N5 B Louis & Nash 514s. Louls & Nash 7s Manhat Ry cn 4s.. Man Ry 2d 4s 2013. Market St Ry 7s. MIE! Ry & L5s. . M&St Liistrf4s.. 1 § M StP & SSM 5es. M StP & SSM 6 MK&TI1stds. ... MK & T adj 5s....105 MK&TprinbsA. 10 MK&T 6sC. Mo Pacific gen 4s. Mo Pacific 5s '63 Mo Pacific 6s Montrl Tm 1st & O Tex & M in 5s. OT&M5%s. N Y Cen gen3i: Y Cent cn 4s Y Cent deb 4s Y Centriss Y Cent deb 6; Y Cent LS cl 3 Chi& St L5%s YC&tLEsA... ew Havcd Ont W ist4s.. ew York Ry rf 4s Y State Ry 414s. Y W & Bos 4% Northern Pac 3s Northern Pac 4s Northern Pac 5s Northern Pacr 1 68 Ore & Calif 1st 5s. Ore Short L ref 4s. Ore Sht Licn 5s'46. Ore-Wash 1st rf 43 Pennsyl con 4%s. . Pénnsyl gen 4%s. Pennsyl gen 5s. Pennsyl 55 "64. Pennsyl 6%s. Pennsy) gold 7s... Pere Marag 1st 5s. . Por RL & P 68°47. St L IM&S 43 '29 St LIM&S R&G és. 635 60% 84y 97 107 i 1004 9746 105% 824 99% 94 102% 974 1101 4 109 99% 59k 97 96% 95 943 87 &6i StL&SFpl4sA. St L&SFprin bs. StL&SF 6%sD. StL&SFadj 6s.. StL&SF inc StL&SFpl6sC. St LS W con 4s°32 St P & KCShL 4%s StP Un Dep5s. ... Seab'd A Liref 4s.. Seab'd A Ladj 6a.. Seab’d A L con 6s.. Sou Pacific 43'29.. Sou Pacificclt 4s. . Sou Paclfic ref 4 Southern Ry gn 4 Southern Ry 1st b5 Southern Ry 6s ct. Southern Ry 6%8. Term Asso St Li4s. Texas & Pac 1st b3 Third Ave adj 6s.. Tol St L& W 4 Union Pac 1st 4s. . Union Pac 1st If 4s Union Pac 4s '27.. Union Paccv 6s... Virginia Ry 1st b8 Wabash 1st b ‘Wabash 2d 5 ‘Washash 5%s, '75.. ‘Western Md 4s. Western Pacific s 20 West Shore 1st 4s. 2 Wilkes B&E 1st5s 2 WABASH REPORT GOOD. NEW YORK, April 1.—Ability of the Wabash Railway Co. to resume dividends on its preferred A stock is reflected in the road's annual report, which shows a year of satisfactory earnings. Net income in 1924 in- creased $64,075 to $5,474,949, enabling the company to build up a profit and loss surplus of $28,387.638, compared with $22,841,722 in 1923, AMERICAN BIDS ASKED. NEW YORK, April 1.—Inquiries by the South Manchurian Railways for 8,000 tons of steel rails have reached the American trade, but the trade expects the order to go to European manufacturers, as the price abroad is #to §5-u ton Io:‘er than the merican quotation 40 a to ~oost and freight. E b e T4 T4y 8815 834 7% 97% 861 861 79% 788 102% 102% 88 &7y 827 8274 101 101 67 66 4% T4 89% 88% 97 96% 86% 86 90% 904 76% 6% 101% 101% 104% 104 108% 108% 83 824 100% 100% 38% 38% 84% B4k 92% 92% 86 86 99% 994 103% 103% 87% 9TVe 100% 100% 96 96 96 96 63% 684 934 23 82Y% 82% 64 FINANCIAL BUYING FOR EXPORT LIFTS GRAIN PRIGES Rain in Drought Belt Puts Damper on Any Real Gain in Values. By the Associated Press. CHICAGO, April 1.—Announcement that new export buying of wheat had taken on good sized proportions, led to an early upturn in wheat prices today. Selling to secure profits on the rise of values caused something of a reaction, but then the market went higher than before. Scattered rains in the drought districts of the Winter crop belt, together with fore- casts of additional moisture, attract- ed considerable notice, however, and tended more or less to check en- thusiasm on the part of purchasers. The opening, which ranged from 1% to 3 higher, May 148 to 149 and July 1.39% to 1. was followed by advances to 1.49% for Ma. Corn and oats ascended with wheat. After opening at % to 1% higher, May 1.05%, the corn market touched 1.06% for May. Oats started at % to % up, Ma to 42. Later May stood at 4 Provisions were sharply higher, fluenced by bulges in the value grain and hogs. Open 1.4% 41% in- of High. 1403 1.48% Reptember LARD- May July - RIBS May LR 17101 July L 7 1 1.00 16.00 1662 16.30 0 COTTON SELLS OFF Crop Prospects Are More Favorable. By the Associated Press. NEW YORK. April 1 | market opened steady jadvance of 7 poir points, near months being higher on overnight buying orders and in response to relatively steady Liver- pool cables. Later deliveries were The cotton today at a in the Southwest and a favorable terpretation of the Weather Bureau's first weekly report for the season which | with reference to crop prosperity west ! |opening under liquidation. down to 24.70, while October declined to 24.16, the market showing |losses of & to 14 points at the end of the first hour. New | NEW ORLE ton marked July sellin Orleans Values. pened steady, in sympathy First trades showed gains of points. The market soon sagged, however, owing to private advices of rains at many points in Texas and to the ly favorable, showing that planting was making rapid progress. Gui;fl D PROVISIONS. BALTIMORE, Md. | —Potatoes, per 100 pounds. 1.00a1.3 new potatoes, barrel, 4.00a10.00; sweet potatows, barrel , bar- Tel, 2.50a5.00 . 3.00a 7.00 Bean Beet erate, 1.50 15.00: 18.00. Carrot Cau- { 1iflower, crate, hamper, 5.00a6.00. 3.00. bushel, 75a90. Lettuce, basket, 2.00. Onions, 100 pounds, Horse radish, bushel, 3.00a3.50. Oy plants, 100 pounds, 4.00a6.00. Pa hamper, 30a Peas, hamper, 3.50. Peppers, crate, 3.0026.00. Rad- ishes. basket, 1.50a2.00. Spinach, bush- el, 75a85 Squash, crate, 4.00a5.00. To- matoes, crate, 3.00a7.00. Turnips, basket, 50a75. Apples, packed, bushel, 1.00a2 2.00a3.00. Orang Strawberries, quart, Selling Prices at Noon. Wheat—No. 2 red Winter, spot, ex- port, no quotations; No. 2 red Win- ter, spot, domestic, 1.64; N Winter. garlicky, domestic 3 red Winter, no quotations. es—400 bushels of No. 3 Winter, garlicky, at 1.62 Corn—Cob, new, yellow, spot, per barrel; track corn, mper, 5.50a4.5 Cabbage, ton , 1.30a1.7 Celery, crate, 1 barrel, 3.00a7.50; Grapefruft, box, . 5.50a6.50. 164; . 54 asked; Y, 110a1.20; No. 2 Receipts, 50 tons. There is no life whatever to the demand for hay, and current receipts are more than ample for trade requirements supplied by truck from nearby points. Low grades and unsound hay are hard to move at any price. Quotations today: No. 2 timoth 19.00219.50; No. 3 timothy, No. 1 light clover mixed, 18.00a18.50: No. 1 clover mixed, 17.50a18.00; No. clover mixed, 16.00a17.00. Straw—No. 1 wheat, 15.50a16.00 per tor No. 1 oat, 15.50a16.00; No. 1 slrfllght rye, 18.00219.00. 16.00a1 BANK LOANS PAID OFF. NEW YORK, April 1.—Net income reported by the United States Indus- trial Alcohol Co. for penses, interest on notes and loan Federal taxes and preferred divi- dends, amounted to § surplus was $16,600,50 liabilities were reduced by $1 and consisted exclusively of accounts payable, all bank loans having been paid off. - Precedent in Bond Suit Over Francs Reached in France By the Associated Press. PARIS, April 1.—French holders of many millions of Suez Canal bonds have lost their suit to com- pel the payment of coupons on the basis of the gold franc. The cour: adopted the theory of the Freach government's reprfesentative, win» maintained that the bonds wo: issued in francs in France with out specifying gold payment. This question is being raised in connec- tion with many other bonds issues ‘and a precedent is established by the court decision, although fur- ther suits may be instituted. ON REPORTS OF RAIN| s to a decline of 2 g, influenced by private reports of rain |jgs was regarded as encouraging | inf 1all sections except parts of the South- | Old crop months eased off after w»‘i net | S. April 1L—The cot- | with better Liverpool cables than due | and because the weather map showed | only scattered light showers in Texas. | 2to 5| weekly weather report being general- | April 1 (Spec ml) | payme Cucumbers, | Ry 502, iy an o Eggplants, crate, 3.00a5.00. Kale, | jgranted pern red | 6.50a | MOTtEAE 5 vellow, | c rye, | The bulk of orders for hay are being | ldeclaration LINGOLN NATIONAL T0 ADJUST SHARES Stock Dividend Will Be Is- sued When Fractional Holdings Are Erased. BY CHAS. P. SHAEFFER. New stock of the Lincoln Nationa Bank, incident to the 33 1-3 per cent stock dividend recently ratified by shareholders of the institution, will not be issued until an adjustment of fractional shares bheen effected Under the terms of the dividend one new share will t every three shares nc held. Therefore it is seen that a frac- tional share will exist in every case where holders do not own thre shares or multiples thereof. To this end ittee b appointed by to ha adjustment two alter: the fractio |as part of t the fractional share give them a full will be handled on , the ma Members of issued for a con the board dividend the committee, W. Brawner, Howard R. Norto Henry T. Offterdinger, are mailing a ci holders, outii adjustment Group Insurance Adopted. The Norfolk boat Co. has prov surance for the 1 and op individuals on a length Underwritt Life cludes free visiting partment lets on health su N Bist Jacob Second N brating | affiliatior { M. fession bank, risir tially to hi A handsc bank er the An with Early Advance Is Soon Lost as|on his exit from | at noon The proposed . Bonds On Market. first mor: due July amount in ex bonds tion to make ¢ July 1, 18 ing On Local Board. Stoc Trust lon the jan aa ing a new shares we A sale o j Title In: Railway preferred was quiet was Lanston at the Reports Deposits At Peak. The Bank of Commerce expects to prove Col. MeclIntosh, contro Tency, issues his c banks, which is expected The consensus is the 1 | will report a loss over reporting period, on accounts by ete of the around high mark aded same ashier avin | peak, . €. Allows Lease. lo way Texas dow the Inter: the n Antonio merly owned by the Southern but by a decree of the Texa in 1903 the hern Pacific quired to sell its stock. 1In however, it repurchased of the stock for $236,560. The consolidation, it was result in a saving in operating penses which may give its ia concerned better carning powers. Pacific ts was re June, 854 i shares id, will ex ries Ford's Road to Sell Bonds. The Detroit, Railroad (Henry terstate | issue Com merce at par $1.181 he p truction purposes ication was rd properties ndicated that the members of of the corporat intended to | bonds. the first in Mr. his | was not one of {or one by him, securiti U. S. GIRL WEDS PRINCE. jArt Student in Rome Married at Elaborate Ceremony. | By the Associated Press ROME, April _1.—Miss se, daughter of former State $ M. Sage of Albany was married vesterday to Don Ranieri Bourbon del Monte, Prince of 'n.nuuu The ceremony was formed by Cardinal Lega in Church of San Tandrea, next to Quirinal Palace. The entire body of Ro racy, Ambassador and Mrs. and the staff of the American bassy attended. Ambassador Fletcher gave the bride aw he new American princess ha an art student in Rome for ast two years. owned the purchase Kath per the the TREASURY CERTIFICATES. (Quotations furnished by Redmond & 3 December 483 March DIVIDENDS. e riod.Rate @ s100 O §1: o Y Q Q $100 Q $150 Pay able Corp ! May Allied Ch & Dye American Can Allice Rity o Abitibi P& P Continental M Elure Pipe Firestone T & K. do 6% pf..... Holing Co G..... E Ry & Lt 6% pf ding F 0.7, Bullitan Machinery South Cana P Apr 10 Apr 1 Apr 20 Apr 20 ‘@