Evening Star Newspaper, April 3, 1925, Page 28

28 * FIN MOVES CONFUSING - INSTOCK MARKET, Copper Shares and Specialty Isstes Show Rather Bet- ter Headway. RY STUART P. WEST. i Dispatch to The Star, W YORK. April 3 zreater part of the time today the stoc imarket &howed little tendency one way or (6 other. Prices were extremely mixed, and interest in in- dividual moves. hetter:a The copper shares gave <! count of themselves under the lead of Ansgonda, while the steels were unable to make any headway toward higher prices. There were a number of special- v favorites, but the standard industrial and- railway shares were irregular. It was a professional market throughout. Tise in American Sugar. Tredictions that American would go on a $5 basis in May back of the rise in American Sugar stock’ across 67. The tendency in the vaw sugar market appeared to be flrmer, and this showed in a moderate harden- ing of prices in the stocks of the Cuban producers. L Supporting orders were apparent in the market for Anaconda following the statement of the previous day by the chairman of the board of directors that the outlook for the copper trade was hopeful, and that the recent decline in prices had been no more than part of the readjustment which has been going on generally toward a lower level. Amer- ican Smelting rallied nearly 2 points. However, in view of the frequent disap- Pointments sustained on the subject of copper, it will be hard to get public sentiment at all enthusiastic about this sroup of stocks. Stock Offer Advanced. It was not long ago that minority holaers of New Orleans, Texas and Mexico were being offered the privilege of turning in their stock at $114 a share in exchange for an equal face value of Missouri Pacific notes. Now this offer has been advanced to $120, and the ad- vertisement is being made attractive on the ground that holders of the stock are ®etting only $7, whereas having con- verted into the notes they would be get- ting $8.40. Those who did not succumb to the first offer are mot so keen (o yield to the second, for two reasons. In the first place, these Missouri Pact notes are callable at any time on 60 days' notice at par, and, therefore, holders of the New Orleans stock cannot have any firm ground for hope of recelving moru than $120. In the second place, New Orleans, Texas and Mexico earning well over $20 a share, could pay a lot more than the pres- ent $7. Activity in Specialties. Operations for the rise continued in numerous specialties. A capital split-up was the one subject of gos- £ip in connection with the high sell- ing prices for Nash Motors. Mack Trucks seemed to meet with 2 good deal of profit taking as it crossed 138. Central Leather pre- terred was pushed ahead vigorously on the strength of the recent im- provement in the leather trade. Some special business appeared in the Pierce Arrows and in International Nickel. The action of Vivaudou fit- ted in With reports of a new pool at work. Profit taking in Briggs Manufactur- ing occurred when there was no con- firmation of recent gossip about this company entering a new automobile consolidation. CLOSE IS IRREGULAR. During the centered a Sugar were Many Active Shares Depressed Point or More at End. BY the Associated Press. EW YORK, April 3.—Stock prices drifted aimlessly until the last hour today, when another sharp reaction in the grain market promoted a gen- eral renewal of selling pressure. Pre- viously good exhibitions of group strength had been given by the mo- tor and oil shares, with public util- ities reflecting a resumptipn of pool operations. Total sales fell below a million shares, for the first full-day fon this year, approximating only 000 shares. The closing was irregular. Many active shares were depressed a point or so in the final hour, in sympathy with breaks of 3 to 8 cents a bushel in grain prices. United States Cast Iron Pipe reacted 5 points. NEW YORK—Stock irregular; . public utilities active. Bonds mixed; French issues depressed by financtal crisis. For- i hanges steady; francs recover v break. Cotton lower; sym- pathy with grain. Sugar steadler; bet- ter spot demand. Coffee easy; trade selling. CHICAGO—Wheat weak; May declines 3 cents a bushel. Corn reactionary; prices break 8 cents a bushel. Cattle steady. Hogs strong. CUNARD EARNINGS GAIN. NEW YORK, April 3—Net profits of the Cunard Steamship Co., Ltd., for 1924 shows a small increase, £393,968 compared with £391,167 in 1923 NEW YORK EGG PRICES. NEW YORK, April 3.—Eggs—Ir- regular; receipts, 43,763 cases; fresh gathered, extra firsts, 30%a3i: do., atorage packed, 31%a32; do., firsts, 29%a30; do., storage packed, 30%a31; fresh gathered, seconds, 28%a29%; nearby hennery browns, extras, 33%a 37; Pacific coast whites, extras, 40a 41 GERMAN BONDS AND STOCKS. (Quoted in dollars per million marks.) Asked Bid. Ger Gt (war loan) 5s 1814.18 1500.00 ce. 225, Hamburg 448 1910. .. Gyt 4-58 (force 00 (Quoted in dollars per thousand mark r Gen Blec 4148 pre.war... 23.00 Ger Gen Elec 4148 1910. .. 3.00 Berlin 4s pre-war Y Fambg 35, 3%5% & 48 pre-war Hamburg Amer Line 41s. North German LI upp 5 Dusseldort 45 pre. Frankfort a-M 4 pre Munich 4s pre-war.. Tadlsche Anilin A B G (Ger Ge Commerz and Pri Disconto Gellschaft Dresdner Bank Deutsche Bank.. Darmstacdter Bask. Mercer Bank Vienns FOREIGN £XCHANGE, (Quotations furnished by W. B. Hibbs & Uo.) Nominal Selling gold valve. Loedon. <. 34.8665 Montre: 00 Tarls, franc Brussels, franc Perhm, Tio pe, Zurich, Athens. Madrid, Vienn pound Prague. Warsaw, Copenhagen, crown Christiania, crown . $tockbolm. crown = ey - RATES ON BAR SILVER. NEW YORK, April 3.—Bar silver, 66%: Mexican dollars, 51%. ANCIAL. Abitibl Pow (4). Adams Exp (6) Adv Rumley. ... Air Reduct (16) . Ajax Rubbar. Alaska Juneau. . Allied Chem (4). Allled Cm pf (7). Allls Chalm (4). Am Agricul Chm Am Beet Sug (4) Am Bosch. Am Can (17) Am Can pt (7).. Am Car & F (12) | Am Chain A (2). {Am Chtcle.... .. Am Chlcle ctfs. . Am Drug (60c) . Am Express (6). Am & For Pow. . Am & Fr P pt (7) Am Hide & Lea. . Am Hide & Lpf. AmIce (7). .. Am Internatl. Am La Fran (1). Am Linseed. ... Am Linseed pf. . Am Loco (118) Am Metal (3)... Am Radiator (4) Am Safty Rz (3) Am Sm & Ref (6) Am Stl Fdys (3). Am Sugar. Am Sugar pt (7) Am Sumatra. ... AmT & Tel (3). Am Tobacco (7). Am Tobac B (7). Am WW&E! 30c. Am W W pf (6). Am Woolen..... Am Wool pf (7). Am Zinc. ... Anaconda (3)... Armour Del (7). Armourof TIL A Asso D G 1st (8). Asso Oll (1%) AtT&SFe (7). Atl Birm & At. .. AtlanticCL (7). AtGuif& WI... At Gulf & WIpt. Atlantic Refin. .. Austin-Nichols. . Baldwin L (7) Bald Loco pf ( Bal & Ohio (5) Bang & Ar (3) Barnsdall A Bayuk Cig: . Beech Nut (2.40) Bethlehem Steel Beth Stl pf (7).. Beth Stl pf (8).. Briggs Mfg(3%) Bkl Edison (8).. Bkl-Man Tran. . Bkl Union G (4). Bruns-Balk(%0c) Burns Br B (2).. Bush Term (5).. Butte Cop (50c). Butte & Su(50¢c). Cal Pete (1% ) Calif Pet pf (7). Callahan Zinc. .. Calu & Ariz (2). Can Paclfic (10). Case Thresh pf.. Cent Leather.... Cent Leather pf. CRRNJ (t12).. Century Rib (2). Cern d Fasco (4) Certain-Teed... Chand Mot (3).. Ches & Ohlo (4). Ches &0 pf(6%). Chl & Alton..... Chi & Alton pf. Chi Great Wes Chi Gr West pf.. Chi Mil & St P... Chi Ml & S P pf. Chi & Nwn (4).. Chi & Nw pf (7). ChiPneuT (5).. ChiR1& Pac... CRI& P pt (6) ChiStPM&O.. Childs Company. Chlle Cop (2%). Chino Copper-. .. Coca-Cola (7)... Colo Fuel & Iron Colo Southern. .. Col G & E (2.60). ColG&Epf (7). Com Solv A (4).. Com Solv B. Congol-Nrn (3). Con Distributrs. Consol Gas (5).. Consol Textlle. . Cont Can (4) Cont Insur (6) Cont Mot (80c).. Corn Prod (2)... Crucible Stl (4) . Cub Am Sug (3). Cuban Cane Sug. { Cub Cane Su pf.. Cuba Dominican | Cuyamel Fr (4). Daniel Boone. Davison Chem Del & Hud (9) Del L&Wn (17). Dome Mines (2). Doug Pectin (1). Dul S & Atlan. Dupont (10). Duquesne pf (7). Eastman (! Eaton Axle Elec Pow wi.... Elec Str Bat (4) Endicott pf (7).. Erle. .. Erie 1st pf. Fairbks (2.60).. Famous Pl (8).., Famous pf (8).. Fed Lt & T (17). Fed Mines pf (7) Fifth Ave (64c). Fisher Body (5). Fisk Rubber.... Fisk R 18t (1)... Fleischmann (4) Foundation (8).. Freeport-Texas. Gardner Motor. . Gen Asphalt. ..o Gen Clgar (8)... Gen Electric (8) Gen El spl (60c). Gen Motors (6).. Gen Mot pf (1) .. Gen Petrol (2).. Gimbel Bros. ... Gimbel Br pf (7) Ginter Co (1%). Glidden Co . Gold Dust.... Goodrich. Goodyear pf (7). Gdyear prior (8) Granby Consol. . Grt North pf (5). Grt Nor Ore (4). Grt Wstn Su (8). Greene Canan. .. Guantanamo. ... Guif Mo & Nor. . Gu M & N pf(6). Gult St Steel (5). Hanna 1st (7)... Hartman (2%). . Hayes Wheel (3) Hays W pf (7%) Hoe & Co A (4).. House P (13%).. Houston Oil. Hudson Man . Hud Man pf (5) . Hudson Mot (3). Hupp Mot (1). Hydraulic St pf. Illinois Cent (7). Independ Ofl (1) Indian Motorey. Indian Refining. Inland Stl (23). Inspiration Cop interb Rap Tr... Internat Agri. Int Cement (4).. Int Com Eng (2). Internat Har (5) Inter Har pf (7): Int Mer Marine. . Iut Mar Mar pf.. Int Nickel.... Int Paper....... Int Ry Cent Am. (nt Tel & Tel (6) Open. High. [ 92 13% 99% 11% 1% 83 118 8014 14% a1 27% L 161% 117% 198% 22% 56% 534 5% 139% 2819 884y 10 63 9% 84 11% 24% 110 83% 424 844 89% 50% 81% 20% 917 334 6% B55% 105 132 132 85 4% 6% 2% C2% . 106% 9% 37% 67% 29% 12% 46% 92 260 11% 694 104% 50 49% 104 27 14% 87% 63% 954 103% 14% 63 29% 95% 12% 5% 24 91k 70% 69 28% 82% 103% 46% 36% 63% 26% 656 43% 15% ™ 112% 28% 13% T% 42 23 16% M™% B5% 87 103% 114% 11 40% 26% 504 18% 88 66 92 134 100% 124 2 83% 118% 81 14% 41 81 163% 117% 199% 23 55% 534 5% 140 85% 634 264 65 43% 15% % 112% 24% 13% T4 42 28% 16% 9% B83% 37% 108% 114% 11 40% 21% 50% 18% 88 Low. Close. 66 92 134 98% 1% 1% 82% 118 8% 14% 41 27% 160% 66 92 13% 99 11 2 83 118% 9% 14% 41 301 162 117% 197% 23 B5% T | Jewer Te pe (1. Jones Eros Tea.. Jones & Lau (7). Jordan Mot (3).. Kan City South Kayser (Jullus). Kelly-Spring. Kelly-Spring pf. Kennecott (3).. Laclede Gas (8). Lee Rub & Tire. Lehigh Val (314) Lig & My B (14). Lima Loco (4). Loews Inc (2)... Loft. Esia Long Bell A (1). Lorrillard (3)... Louisiana Ofl. Louls & Nsh (6). Ludlum (2) Melntyre P(75¢) Mack Treks (6). Mack T 1st (7) Macy HR & Co.. Magma Copper. . Mailinson & Co.. Mallinson pf (7). Manati pf (7). Man Elev gtd. Man Emd g (5). Man Shirt (13%). Manila Electric. Maracaibo Ol... Market Street. Market St pf. Market St prior. Market St 2d pf. Marland Oll. Martin-Pry (4). Mathieson Alka. Mathieson pf (7) Maxwell Mot A.. Maxwell Mot B.. May Dept St (6). Metro Ed pf (7). Mexican Seabd. . Miami Cop (2) Middle States. Mid-Continent Minn & St Louls. MStP&SSM 11 (4) Mis Kan & Tex.. MK & T pf (6).. Missour! Pacific. Missouri Pac pf. Montgom Ward. Moon Mot (3). Mother Lode T5¢ Mullins Body... Nash Mot (#{1).. at Biscuit (14) . Nat Biscu pf (7). at Dairy (3). at Dpt Stores. . Nat Enamel & S Nat Lead (8) at Lead pf (7). Nat Ry Mex 2d Vevada Copper. . O Tex & M (T) t N G&E pf (7) Y AlrBr (4).. YAIrBrA (4). Y Canners rts. N Y Canners (2). N ¥ Central (7). NY NH & Hart.. NYOn & Wn (1) Niagar F pf 1% Norfolk Sout! Norf & West Norf & W pf (4). North Am (8.40) North Am pf (3). North Pac (5)... Orpheum (1.80). Qtis Elevator (6] Otis Steel....... Otis Steel pf. Owens Bol (3) Pacific Gas (8) Pacific Mail.... Pac Tel & Tel. Pacific Oll (2).. Packard (11%). Packard pf (7).. Pan-Amer (6).. Pan-Amer B (6) Park & Tliford. Pennsy RR (3). Penn Seab Steel. PhiaCo (4).. Phla Co pf (3).. Phila& RC &I. Phillip Morr!: Phillips Jones Phillips Pet (2). Plerce-Arrow... Pierce-Arrow pt Pierce-A prior 8 Pierce Ofl Plerce Oil pf. Pierce Petrol Pitts Coal pf (6). Pitts Stl pt (7) Pitts Term Coal. Pitts Ut pf $1.20. Pitts & West Va. Postum-Cer (4) Press Steel Car. Prod & Refiners. Pub S Gas pf(6). Pullman Co (8). Punta Al Su (5). Pure Oil (1%).. Pure O11 (8). Radio Corp of A. Radio C pf (3%) Ry Stl Spg (8).. *RSIICefs (4). Ray Cons Cop... Reading (4). Reading 1st (2). Rep Ir & Steel. . Reynolds Sp (1). Rey Tob B (3). Roy Duth 4.42%. St Joseph Ld (2) StL & San F (5) St L Southwest. St L Swn pf (5). Savage Arms. Schulte (*8).... Seaboard Alr L. Seabd Air Lpf. . Sears-Roebk (6) Shattuck-Ariz. . Shell Un (1.40) Simmons Co (2) . Simms Pet (50c) Sinclair Ofl, Skelly Oil South Pac (6 Southern Ry (5) South Ry pf (5). Spicer MIg Std Gas & EI (3) Stand Mill (5) . St Oil Calif (2) StOIlNJ (1) {StOIIN J pf (7). Sterling Pr (15). Stew Warnr (5). Stromberg (6). . Studebaker (4). Studebak pf (7 Submarine Boal Superior Ofl. ... Symington. . Symington A (2) Telautogph 25c.. Tennessee Cop. ‘Texas Co (3).. Texas Gulf (7) Tex & Pacific... Tex & PacC & O Tide Wat Oll (4) Timken (13%). ‘Tobac Prod (§) Transcont Oll. Transue & W(2) Underwood (3).. Un Bag & Pape Union Ofl (1.80). Un Pacifie (10). . Un Tank Car (5) Utd Alloy Steel. Utd Clgar (13%) United Drug (6) Utd Fruit (10, Utd Ry Invest. . Utd Ry Inves pf. U S Cast Iron P. USCIPDI(D).. U S Hoft (2).... U S1nd Alcohol. S Realty (8).. Smelting (3) USSmptf (3%). U 8 Steel (17)... U S Steel pf (7). Universal Pipe. Univer P pf (7). Utah Copper (4) Utah Securiti Vanadrum. Va-Caro Ch pf Va Ry & Power. Open. High. 107 107 Low. 107 16% 16% 16% 113% 45% 80% 20 15 a“ 8% 156 46% 4% 16% 1074 36% 17 138 107% 77 874 257% 84% 80 % 88 22% 33 26% 94 31% 50 23% 854% 28 64 97% 88% 56% 104 98% 13 10% 1 27 % 60 30% 1% 334 Ti% 45 25% 113% 5% 80% 20 154% 44 8% 160 12 1% 574 [ 254 6% 47% 4% 16% 108 36's 17 138% 107 7% 314 26% 8% 80 80 494 22% 83% 264 [ 814 50 23% 36% 28 847 97y 8% 57 104 98% 13% 10% 1 28% 2% 60 30% 7% 33% 4% 454 26 T'a 17 3124 66% 126 a 4% 118% 45 30% 20 16 48 4% 156 12 71 5% 62% 24% 646 46% 34% 16% 107% 36% 17 136% 1074 ki 37% 26% 4% 80 % 88 22% 33 26M 9 31% 50 23% 85% 27 64 9% 87 B5% 1034% NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Ofice Close. 107 16% 113% 43 30% 20 16% 4“ 43 160 12 1% B7% 63 24% 614 4T% 343 18% 108 264% 17 136% 1074 1 3T% 26 8ok 80 80 39 224 334 26% 9 31w £0 234% 38 27 644 978 8844 56 1084% 98% 13 10% 1 28 % 60 vk 764% 83 3% 4% 26 7 17 203 66% 125 47 414 31 146% 116% 1% SLUMP IN FRENCH BONDS IS FEATURE Price Fluctuations Rather Narrow—Rail Liens Re- main Steady. BY GEORGE T. HUGHES. Bpecial Dispatch to The Star. NEW YORK, April 3—Except for the weakness in French obligations, the bond market was decidedly bet- ter today. All French bonds went down and some of them made new low records for the year. The sell- ing, however, was not in such large volume as might have been antici- ated. French 8s went below par, French 7s, the most recently offered issue, broke over a point, and the de- partment of the Seine 7s had a very thin market, & loss of a fu)l point being scored on sale of a very few bonds. Of the French railway issues the Paris, Lyons and Mediterranean 6s were the weakest. Other Foreign Insues Firm. Other foreign bonds were little af- fected by the decline in the French obligations. In the South American group the feature was City of Monte- video 7s, which were in demand to- day at higher prices. At 91 the yleld is over 7% per cent. Domestic Bonds Strong. In domestic bonds, both investment and speculative issues were firm to strong. Liberty second 44s sold above 101 and the fourth 41;s above 1062 for the first in a long time. The first 41s and third 4%s were both higher, These cdvances were plain response to easier money. In specula- tive bonds the buying was renewed in the Seaboard issues, the adjust- ment Bs, the consolidated 65 and the refunding 4s all going higher. At to- day's market the 6 per cent bonds yield around 7 per cent and the re- funding 4s almost 61; per cent. B. & 0. Division Gains. One of the most striking incidents was the sharp run-up in Baltimore and Ohio Toledo-Cincinnati division 4s. These bonds had made a galn of over a point Thursday. Today the ad- vance was even more rapid, another new high being reached. Among the olls, Sinclair 6s went up over a point. Virginia-Carolina Chemical 78 were actively bought at advancing prices. Plerce Arrow 8s went up with the stock. Chile Copper 68 were the leaders of the copper group. IS MUCH BRIGHTER General Stimulus Appears for First Time in Five Years, Re- port States This is the “first Spring in five years with any evidence of general timulus in agricviture,” the Bureau of Agricultural Economics declares in | & report on the situation. There are no big agricultural sur- pluses except in eattle, the report said, “and. judging from the lessened population movement, an increased number of farmers apparently feel it financially safe to stay on the farms this Spring.” “Returning strength in live stock prices is the most impressive of all the general signs,” it declared. “Ex- cept for the cattle industry, wherein the numbers on feed have for two years tended to obscure the liquida- tion in actual breeding stock, agricul- ture has obviously emptied its sur- pluses of the major crops and ani- mals. Over the country as a whole reports indicate that farmers not gone into action £o hopefully in five years. GRAIN AND PROVISIONS. BALTIMORE, Md., April 3 (Sp cial).—Potatoes, per 100 pounds, 1.00a new potatoes, barrel, 4.00a10.00. potatoes, barrel, 3.50a5. yams, barrel, 2.30a5.00; asparagu dozen, 2.0026.00: beans, hamper, 3.00: 5.00; beets, crate, 1.00a2.25; cabbag 15.00818.00; carrots, bushel, 1.00 5; cauliflower, crate, 2.00a3.00; cu- cumbers, hamper, 4.00a6.00: celer: 50a3.00; eggplants, crate, 3.00 : kale, bushel, 40a50: lettuce, , 1.00a2.00; onions, 100 pound 4.00a6.00; parsnips. hamper, 30a3s: peas, hamper, 1.50a3.50; peppers, crate, 3.0026.00; radishes, baskets, 1.50a2.25; spinach, bushel, squash, crate, 4.00a5.00; tomatoes, crate, 2.50a 7.00; turnips, basket, 507 Apples (packed barrel), 2.00a7.50; bushel, 1.00a2.25; grapefruit, box. 2.00a3.00; oranges, box, 6.00a7.0! strawberries, quart, 35a50. Selling Prices at Neon Wheat—No. 2 red Winter, spot, ex- sweet .| port, no quotations; No.-2 red Winter, No. 2 red 1.62%; spot, domestic, 1.62% Winter, garlicky, domestic, No. 3 red Winter, no quotation Sales—None. Corn—Cob, new, vellow, spot, 6.50a per barrel; track corn, yellow, . 1.25 asked. Sales—None. Oats—No. 1, asked. Rye—Nearby, 1.10a1.2 spot, 1.21%. Hay—Receipts, 33 tons. There is no life whatever to the demand for hay, and current receipts are more than ample for trade requirements. The bulk of orders for hay are being sup- plied by truck from nearby points. Low grades and unsound hay are hard to move at any price. Quotations today: No. 2 timothy, 19.00a19.50; No. 8 timothy, 16.00a17.5 No. 1 light clover, mixed, 18.00218.5 No. 1 clover, mixed, 17.50a18.00; No. 2 clover, mixed, 16.00a17.00. Straw—No. 1 wheat, 15.00a15.50 per ton; No. 1 oat, 15.50a16.50; No. 1 straight rye, 18.00a19.00. 53 asked; No. . 2 rye, COPPER BREAK PUZZLING. NEW YORK, April 3.—John D. Ryan, chairman of the Anaconda Copper Company, sald be believed 1925 would prove the record year for copper consumption, both in this country and abroad. He could see no _reason for weakness in the met: e ome U4 4% 14w 144 20% 20% 20% 204 62% €2% 61% 62 16% 16% 16% 16% 88% 88% 3884 38% 97 97 7 27 85% 95% 94 94 1% 1% 1% 1% 3 389 39 39 119 119% 119 119% 67% 67% 66% 67% 2% 214 21% 21% 26% 27% 264 26% 604 60% 5IW 59Y% 5% % % % Th 6% 24% 26 23% 28% 221 12% 12% 86 85% 118% 118% 117% 48 48 46% 70% 0% 70% 17% 17% 17 4% Vivadou. . wabash........ Wabash pf A(5) Waldorf (1%).. Ward Baking B. ‘Ward Bak pf (7) West Pen pf (7). West Maryland. Western Pagific. West Union (7). nghse (4). Weston A (2)... White Eagle (2). White Mot (4).. Wickwire Spen. Wilson & Co.... Wi'son & Co pf. Wilson ctfs. . Willys-Overind. Wills-Over pf. Woolworth (3). Worthington. .. Worthington B. Wright Aero (1) Wrigley (13%).. 48% 48% +04dd lots. Partly extra, ble in Sy T Iutest quarterly “or Balf searly less _othe: Tal herwies | noted, extra have | HE EVENING STAR, WASHINGTON, D. C., Nates. 3 41 Lib 3d 43¢5.1010 Lib4 4%s.. 369 UB4s1944. 364 US4%s's2. 27 FRIDAY, APRIL 3, 1925. (o von _BONDS swoexexcaunce] | (0RN PRICES DROP [U. S, PUBLIC DEBT Recsived by Private Wire Direct to The Star Offica. UNITED STATES BONDS. (Bales are fn $1,000.) High. FOREIGN. Argentine 6s A. Argentine 6s B. . Argentine 7s Austria 7 Bank of Japan 6s. Belgium 63 Belgium 614 Belzfum 7%s. Belgium 8s Berne 3s.. Bolivia 8 Bordeaux 6s. Braz!l 7 Brazi] 7 Brazil 8s. ... Canada 5s 1926. . Canada s 1952. Canada 514s 1929 Chile 7s 19423 Chile 8s 1926 Chile 85 1946...... Christiania 8s Con Pow Japan Ts. Copenhagen 6%s. . Cuba 5%s .. Czecho 8s 1951 Denmark 6s. Denmark 8s..... DEI5%s Mch'53. D EI5%s Nov '53. Dutch East I 6547 Dutch East I 6 El Salvador 85 '48. Finland s f 6= 45 Framerican 7% French 7 French 7% French 8s Ger El 612550 wl. German 7s... Ger Gen Elec s Greek T Halti6s.... Holland-Amer 68 Hungary 6%s Japanese 4s. Japanese 6348 Jergens U M 6 Lyons 6s. Marsellle 63. Mexico 58 fontevid Netherlarnds 6 - Netherlands 6= '72 Norway 6s 1943 rway 65 1944. orway 6s 195! Norway 8s. . Orient Dev deb €5 Paris-Ly's-Med 6 Peru 88 % Poland 6s'40. ... Poland S5 '50 wi Porto Alegre 8s. Queensland 6s Queensland 7s. Rio de Jan 8s 194 Riode Jan 83 1947. Rio Gr Do Sul 8s. . Sao Paulo City 8s. Sao Paulo State §s Seine Dept of Serbs Crot Slo Sweden S%sct. Sweden 6s..... Swiss 5145 1946, Swiss Confed 8s Ud Kingm 518" Ud Kingm 5%s'37 Ud Steam Copen 6s Uruguay 8s Zurich §s Sales. High. 06% 9644 102% 95% 994% 844 92% 107% 107% 108% 927 824 81% 103% 95% 100% 103% 102% 90% 102% 108% 110 894 26% 984 99 99% 101% 110% 974 9T 100% 100% 1031 84 90% 7% 954 Yo% 87% W S 8414 4% 81% RT% 814 90% 934 8314 83 35% 91 102% 103% 987% 99% 99% 110% 85 % £3l4 83 9% 684 9514 954 103% 110 8414 924 9643 28'4 1004 86 87 99% 103% 101% 14 1164% 108% 94 10914 109% 31 15 21 9 Low. 101 18 101 10 101 12 101 27 10119 10119 101 ¢ 101 101 23 101 18 101 21 1028 102 100 24 100 21 100 22 104 80 104 24 104 27 2:50. 1013 102 2 2:50. 964% 96 102% 954 294 84 2% 107% 107% 108% 92% 82% #1% 103% 95'% 100% 108% 102% 9% 102% 106% 109% 8914 96% 98's 99 99 101 110% 97% 97% 100 109% 103% 8315 904 86% 95% 9% 874 944 937% 8314 94% 814 T8 81% 0% 93% B34 824% 85% a1 1025 103%, 997 99% 9% 1104 #5 3% &3 £24 29% 684 95 95 103% 109% 94'% 24 98 9814 Low. 96% 96 102% 95'% 20% 83% 92% 107% 107% 108% 927% 82% 81% 103% 954 100% 103% 102% 99% 102% 106% 109% 894 964 98% 99 99 101 110% 7% 974 100 100% 103% £34% 82'% 354 91 102% 103% 99 994 994% 110% 85 78% B2 £2% 981y 684 94% 95 103% 109% 94y 2% 96 97% 100 £4'5 864 9915 103% 101% 114 116 106% 93% 108% 10915 87 MISCELLANEOUS. Ajax Rubber 8s... Am Agr Chem 733 Am Chain «f 6533, Am Cotton Oll 5s. Am Repub deb 6s Am Smit & R 1st 62 Am Smit & R 6s Am Sug ref 6s AmT&Teltrd AmT& Tl trb: AmT&Tsf5s... Am T & T deb 54 AmT& Tev 6s.. Am Water Wks s Anaconda 1st fs Anaconda cv db Andes 7s Zo% pd Armour & Co 4%s Armour Del 5% Atlantic Refin 6. Bell Tel PaSs.... Beth Steel pm 5s. . Beth Steel rf 5s. .. Beth Steel 54553, Beth Steel s f 63 Brier H St 18t 5148 Bklyn Ed gen 8s. . Bklyn Ed 6s B... . Bush T Bldg 55 '60. Calif Pete 6%s Cen Leth 8s'45 cfs. Chile Copper 68 Col Gs & E* 5s sta. Commonwth P 6s Con Coal Md 1st 53 Con G NY 5%s wi. Consumers Pow 58 Denver Gas 5s. . Det Edison §s "40. Det Edison ref 68 Donxer Steel 7s Du Pontde N 7 Duq L&P 5%s '4 Dugquesne Light 6s Est Cuba Sug 7%s. 4 9s1y 22 98% 10 97% 5 93 3 28 . 10 21 4 11 Empire G&F 7%s. 160 Fisk Rubber $s... Gen Refractres 65 Goodrich 6%s. Goodyear 8s 1931. Goodyear 8s 1941.. Hershey 65 1942 Hoe & Co 6%s Humble O&R 5%s Illinots Bell 1st bs. Illinois Steel 43;s. Int Mer Marine 6s Inter Paper 58 47. K C P &Lt 58A'52. Kan G & El 6s '62. Lackawa 8 68'50.. Laclede G 5%8 '83. Liggett & Myrs bs Liggett & Myrs 7. Lorillard (P) 65 LouisvG & E 58’52 Magma Cop cv Tt Midvale Steel 5s... Montana Pow 6s.. Mor's&Co 1st 41 New Eng Tel 5 N Y Ed 658’44 w! N Y Edenlst 614 NY Teldls N Y Tel 6s'41. NY Tel 65" North Am Ed 6s.. North Am Ed 6%s. Nor Ohlo T&L 6: Nor States Pow Nor States Pow 6 Otis Steel 7%s. ... Otis Steel 8s. Pacific Gas & El 63 Pac T& T 1st PacT&TB6s Pan-Amer Pete 65.168 Pan-Amer Pete 7s. Phila Co 5%s '38.. PLila Co ref 6s A. Phila & Rd C&I Plerce-Arrow Public Service 6s.. Pub Serv Elec Reming Arms 6s.. Sinclair Ol 7 Sin CO P L 6s 2! Sin Pipe Line &s Skelly Oil 6%s South Bell Tel 5 So Por Rico Sug Southwest Bell b Tenn Elec Pow 6a. Tide Wat Ofl 6%s. . United Drug 6s.. U S Rub 1st rf 5 U S Rubber T%s U S Smelter U S Steels f5s. Utah Pow & Lt 63, Va-Car Chem 7s. 1 7 9% 100% 3% 89% 100% 120 95% 93% 18 90% 98% 83 905, 100% 114 96% 107% 109 %1094 100% 1034 85% 957% 104% o1 9% 95 1004 95% 111% 1 106% 7 96% 39 104% 100% 95 9644 106% 89 106% 107 108% 88% 92% 1004 3 84% 33 109% 99% 104 98% 100% 103% 102% 85% 6 105 101% 105% 98% 87% 38 4 98 98'% 8714 90% 98% 83 893 1004 114 9616 107% 109 100% 103 05% 95% 104% 80% 7% 4% 100% 4% 110% 105% 96 104% 100% 4% 95% 105% 85K 105% 107 107% 88% 92% 99% B4% 109% 99% 100 113% 9644 107% 100% 103 954 95% 104% 90% 26% 94y, 100% 94% 110% 105% 96 1043 100% 94% 95% 104% 884 106% 107 107 87% 1% 99% 841 109% 29% 104 104 98Y% 98% 100% 100% 103% 103% 102 _102% 85 854 104% 104% 101% 101% 106% 1054 934 934 85% 87% Sales. High. Low. 6 92% 929 178 T8 4 99% 99% 2 111 111 2:50. 2% 8 994 111 100 96% 73 2% 101% 98 Vertientes Sug T; Warner Sug 7839, ‘West Elec b West'n Uniol Willys-Ov 6% 10 100% 100 Wilson & Co 1st 6s. €3 96% 964 Wilson & Cocv 68, 20 73% 72% Wilson&C cv 7%s. 66 73% 712% Winchester A 73%s 5 101% 101% Youngstn S&T 6s.. 11 98% 98 RAILROADS. Ann Arbor 4s. 7 64 Atchison gen 4s...112 88% AtlanticC L 1st4s. 3 924 AtlanticC Lol 4s.. 1 86% Atlan C L 4%s "64. 1% . 4106 88% 92 88% 1007 103% 102 64% 89% 92 86% 1% 108 884 % 87% 100% 102% 101% 100 70% 8474 844% 117% 116% 9% 107 101% 87% 96% 885 101% 53 101 83% 5% 61'5 444 47% 45'5 Tk 45% 82% 46 45% 101 4% 99% 3 111% [7es 894 92 86% 9% 106 884 92 88 100% 103% 101% 100 1% Bklyn-Manhat Buff R & Pitt 4%, Canad North 6% Canad North 7s. Canad Pac deb 4s.. Car Clinch & 0 Cent of Ga 6ls Central Pacific ¢ Ches & Ocv 4t4s. . Ches & O gn 4%s. . Ches & O cv bs. Chi & Alton 314 Chi B&Q 18t rf Chi GreatWest 4s. CM & Puget Sd 4s. CM&StPds'28. agaaaanqa ChiTH&SESbs Chi Un Sta 4148 Chi Un Sta 614s. Chi & W Ind cn 4 C&WI5%s'62.., CCC&StL4Ys. . CCC & St L 5s. CCC&StLrf6sA. Cleve Term 5s..... C & S 1st 4529 Colo & Sou 4%s Del & Hd 1st rt 4 Del Hud cv 58 '35. . Del & Hnd 5%s.... Den & Rio G cn 4s. D & Rio G imp 5s. . D & Rio G Wst 5a. Des M & Ft D 4s. Det United 4%s... Erie 1st cons 4s.. Erle gen 4s. Erie conv4sB.. Erie conv 4s D. Gr Trunk sf db 6; Great North 5s Gr North 5%s Gr North gen 7s... Havana ERL&P 61 Hud & Man ref 5s. Hud & Man aj bs 111 Cent ref 55 '55. . 111 C-C St L&ENO 6s Int Rap Tran 5s. .. Int Rap Tr 5s stpd. Int Rap Tran 6 Int Rap Tran 7s... Int & G Nor 1st 6s. Int & G Nor aj 6s Towa Cent 1st 58 Kan Clty Ft S ¢ Kansas City S s Kansas City S 5s Kan Cy Term 4s. Lake Shore 4s'28. . Lake Shore 48'31.. Lehigh Val cn 4s Lehigh Val 55 2003 1% 107% 83% 100% 1093 874 B7% 69% 105 7% f215 62 65 85% 1641 6644 W e e NanmBo ettt e cSnoNRnBei DAl Lou N6s B Louls & Nash 7s. .. Manhat Ky cn 4s.. Market St Ry 7 M{lEI'Ry & Li5s... M StP & SSM cn 4s M StP & SSM 51%s. M StP & SSM 6%s. M M M - Mo Pacific gea 4 Mo Pac bs 192 MaPxcific 58 Mo Pacific 6 ; Montr] Tm 1st 5s.. OTex&M5sB.. 3 NOT&MG5%s.... Y Cen gen 314 Y Centcn 495, Y Centdeb 4s... YCentribs.. N Y Cent deb 6s. . NYC&StLdbds. NY Chi & St L5%s 2 w Haved N wannd N Y State Ry 4 NY W & Bos 4%s.. Norfolk & W cn 4s. Norfolk & W cv Northern Pac 3 Northern Pac 4 Northern Pac b: Northern Pacr | 6 Ore & Calif 15t 5 Ore Short Liref 4 Ore-Wash 15t rf 4s Pennsyl gen 434s.. Pennsyl gen s.... Pennsyl bs '64. Pennsyl 6%s. . Pennsy) gold 7s. Pere Marg 1st bs Reading gen 4s. Rio G West ¢l 4 RIATk&L4 . 2 2; St LIM&S R&G 4s. StL&SFpldsA.. eeee 1 St LS Wcon ¢s°32117 St P& KCShL 4%s 15 San A & Arn P 4s.. 10 Seab'd A Liref 4 Seab'd A Liad] bs. Seab’d A Lcon Sou Pacific 4s '29 Sou Pacific ref 4s.. 4 Southern Ry gn 4s. 22 Southern Ry Ist s 6 Southern Ry 6s ct. 10 Southern Ry 6% ‘Third Ave ref 4 Third Ave adj 5i Tol StL& W & Toledo Trac 6: Unlon Pac 1st 4 Union Pac 1st If 4s Unlon Pac 4s'27,. Un Pac 1st rf bi Union Pac cv 6 Virginia Ry 1st 5 Va Ry & P 1st 5s. ‘Wabash 1st b Wabash 2d 58 ‘Washash 6%s,'75.. 2 Western Md 4s.... 2 ‘Western Pacificbs 12 Wilkes B&E 1st 5s ——- UNION OIL VOTES BOND ISSUE; PAYS DIVIDEND By the Assoclated Press. LOS ANGELES, April 3.—A $50,000 increase in the authorized bonded In debtedness for the Union Oil Com- pany of California was sanctioned at & meeting of stockholders here yes- terday. The stockholders’ action, officers of the company explained,” does not mean that the Union Oil will issue more bonds at this time, but author- izes the board of directors to provide for additional issues of bonds when and if deemed esser‘ial. At a meeting of \ » board today a quarterly dividend of 45 cents a share 'was declared, able to stockholders $ mext, 100% 864 99% 38 25 2 38 28 106 103% 103% 97% 98 95 964 100% 100! 10015 96 96 26 6% 86 96 63% 631 63% 93 92y 2% 4 66 63% 65 | Recelpts, 17,000 hea {13.75 to 13.90; bulk FINANCIAL. 10 SEASON'S LOW Heavy Selling to Stop Losses Chief Factor in Day’s Grain Market. By the Associated Press. CHICAGO, April 3.—Notwithstanding that corn crumpled down today to new low-price records for the season wheat acored early gains. For a brief interval the overturning of values in the corn market pulled wheat prices lower, but then wheat made a sharp advance. Heavy selling by distressed owners of corn, who were intent on stopping losses, was the dominating factor in the corn market, whereas unexpected firmness of wheat quotations at Liverpool tended to lift wheat prices here. Besides some fresh export business in wheat was noted. Wheat opening prices in Chi- cago, varying from 3;-cent decline to half-cent advance, May 1.42% to 1.43% and July 1.32% to 1.331, were followed by a setback to 1.41% May, and then a sudden bulge in which May touched 1.45. Corn and oats lacked any adequate support from buyers until corn had gons decidedly under yesterday's bot- tom figures. ~Then the strength of wheat, together with profit-taking on the part of recent speculative sellers of corn, led to rallies which holsted corn to above yesterday's finish. Corn opered unchanged to 1% lower, May 98% to 99%, dropped to 97% for May and then rose to 99%. Oats started unchanged to % high- er, May 39 to 39%; descended to 38% for May, and later touched 39 , with all months showing fractional over- night gains. Provisions were responsive to a Jump of 23240 in the hogs market. WH May duiy £ Rylember CORN— May July Septemier OATS May July September iy Muy Beptember ARD— b u l(le May . July . . COTTON QUOTATIONS MOVE VERY LITTLE Weather Map Still Shows No Rain in Western Belt—Sales Slow. ‘20 | By the Associated Press. NEW YORK, April 3—The cotton market was quiet early today, but showed a generally steady undertone. The opening was steady at unchanged prices to a decline of 7 points in| response to ecasier late cables from | Liverpool. Active months sold 8 to| 11 points net lower after the call, July declining to 2479 and October to 24.25 under liquidation and local and Southern selling. Offerings were light and the market steadied up again before the end of the first hour, July advancing to 24.87, or within 3 points of yesterday's closing quota- tion. New Orleans Quotations. NEW ORLEANS, April 3.—The cot- ton market opened easy, as Liverpool came In about as due, but prices eased off 8 to 10 points to 24.77 for July and 23.96 for October on over- night selling orders. The weather map showed no rain in the Western belt and the forecast made no definite promise of rain except possibly some thundershowers, and the market ral- led slightly to 24.83 for July and 24.02 for October, or a recovery of 6 points from the opening lows. The market was more or less supported by expectation of bullish mill takings. Fall River reported sales of print cloths for the week at only 22,000 pleces. CHICAGO LIVE STOCK MARKET CHICAGO, April 3 (United States Department of Agriculture).—Hogs— | 5 to 50 higher; packing sows show less advance; big packers doing little; top, 14.00; bulk desirable 170 to pound weight, 40 to 350 pound butchers, 13.40a13.85; 140 to 150 pound kind, largely 13.35a13.65; bulk pack- ing sows, 12.00a12.25; bulk strong- weight killing pigs, 12.50a13.00; heavyweight, 13.50a13.95; medium- weight, 13.60a14.00; lightweight, 13.40 214.00; light-lights, 12.50a13.75; pack- ing hogs, smooth, 12.20a12.50; pack- ing hogs, rough, 11.75a12.20; slaugh- ter pigs, 11.50213.00. Cattle—Receipts, 3,000 head; all classes steady; quality rather plain; most fed steers, 9.00a10.50; several 10ads of 1,200 to 1,300 pound aver- ages, 11.00a11.25; choice yearlings ab- stockers and feeders, mostly 5; country demand narrow; comparatively few well-bred stock- ers offered; common fat cows and canners and cutters strong; most canners 3.00a3.25, few 3.35; vealers very uneven; light kind steady with Thursday's decline, at 8.00a9.50 most- ly; Easter demand elevating few se- lected handywelghts to 13.50 and above. Sheep—Receipts, 7,000 head: fat lambs mostly 25 higher; spots u more; cholce medium-weight woo lambs, 15.75a16.00; no handyweights- offered; three decks of prime 82- pound clippers, 13.50; choice 89 to 91 pound clippers, 12.25a12.50; other classes nominal. TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) 3 Noom.—— Juve 15, 1925 September 13, December 15, 43%s December 15. 1625 4%s March 15, 1926, ... 4%s September 15, 1626.. 43s Deceinber 15," 1027 Ford City Agents g % 101 132 102 1S 204147703 Paring of $12,744,161 Ef- fected in February—Bid- dle Placed on Board. BY CHAS. P. SHAEFFER. The gross public debt of the United States on April 1 amounted 14 $20,441,477,003, a_decrea 161 in the month, $737, last year and $5,037,115,110 since Bust 31, 1919, when the war debt was &t its peak. These totals are the net balance in the general fu on the respective date A total of $16,842,309,760, or appr imately per cent of the gross made up of bond obligations, of wh $14,265.956,950 is in war-time issu $765.316,010 in pre-war and postal savings issues, and $1,811,036,500 later long-term issues Treasury notes outstanding total $2,810,272,400, including adjusted serv ice certificates to the amount of $50. 000,000. Treasury certificates u deemed amount to $365,58 Treasury (War) Savings sec outstanding amount to $4 \52 The remainder of the indebtedn is made up of £2 40 of matured obligations on which interest b ceased, and $296,290,278 of deposit for retirement o ney, old mand notes and fra | currenc Trading on Local Board. Railway preferred began a spurt on the local market today, re sulting in an exchange of 284 sharcs and a net gain of 133°points After the initial sales of shares, trading became a and ended in t ction 100 share lots. It closed strong at 82 with the same figure “asked. National Mortgage and Investmer preferred recovered fractionaily 81 on sales of 20 shares, and Lar ston Monotype also gave evidence c strength at 81. Gas stock, however remained easy at 58% and 58% The bond department was qui sales of 99%, Georgetowr Gas 58 at and Railw 3 ing 6s at 101! being the only trans actions John M. Biddle, secretary and mar ager of the Racquet Club, has been added to the directorate of the Mer- chants’ Bank and Trust Co Mr. Biddle is well known years he was active manager Metropolitan Club. Prior to time he was for many vears sistant chief clerk of the State partmen d previously was sec tary to Senator John Payne of Jersey. He was one of the founder of the Racquet Club and associated with that org: since its fnception Reserve Bank's Report. Seasonal aredit demands Richmond Federal Reserve district were reflected by a drop of 3.15 p cent in the ratio of total reserves to deposit and note liabllities shown the April 1 statement of the instit tion. The ratio stood at 67 4 against 70.52 the previous week. This compares with a ratio of 76.4 per,c for the system as a whole. Harold H. Levi, for many general manager of the Hecht in this city, was made a sec esident of the Hecht Co hich also ha ores Baltimore and New York, at a recent meeting of the board of directors. At the same directors’ meeting Mose Good- man, general merchandize manag of the Hub, one of the Hecht stores in Baltimore, was made secretary of the corporation and Malcolm Hecht treasurer. The last two officers filf the vacancy made by the death of Emanuel Hecht, who was both secre tary and treasurer. All three men elected officers of the corporation are in their thirt and will continue in their preser capacities with the local stores be sides serving as officers in the co poration. Mr. Levi reported yesterday the local Hecht store had greatly creased the amount of business her since the war perfod. Mr. Levi was a founder of the Better Business Bu reau and a former president of the Advertising Club here. Personal Mention. W. J. Waller, vice president of tiis Federal-American National Bank, h. been added to the board of directors of the National Mortgage and Inves ment Co. Joseph G. Stephenson, genial assis ant cashier of the Franklin Nationa Bank, in charge of discounts, is re- celving congratulations from his many friends in the financial distri. on his return from Atlantic City, whe he played a principal role on a honeymoon excursion. Mr., and Mrs Stephenson are at home at 3011 Der place northwest. TRADING MAKES RECORD ON BALTIMORE EXCHANGE Special Dispatch to The Star, BALTIMORE, April 3.—Trading on the Baltimore Stock Exchange last month was extra heavy. Stocks sold aggregated 58,771 shares, while bonds sold amounted to $951,200 Several reasons are advanced for the increased activity. One of thes of course, is the fact that there has been more trading in stocks through out the country as a whole, and this has been reflected on the local boarc Also many additional stocks and bonds have been listed on the loc: exchange, and the arrangeme whereby odd lots are dealt in has n terially increased the activity. rd For that De years store vic oration th, SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co ) Adirondack P. & L. Cpo. 6s 1929 Aluminum Co. of Amer. 7s 1933 American Sugar Ge 1937........ American Tel. & Tel. 65 i Anaconda Copper &s_18 Anglo-American Oll 7 Associated 01l 6s 1833 Baltimore & Ohio 6s 1926 Bethlebem Steel 5s 1036, ... . Central of Georgin Gs 1920 Chi., MIl & St. Paul 6s 1934 Chi.! R. 1. & Pacific 5igs 192 of Lyons 8s 1934..... Columbia Gas & EI. 1st 5y 19: Continental Gas & El 5s 1027. Du Popt 7%s 1931.... X Federal Bugar Re: s tals May Help Sell New Airplanes By the Assoclated Press. » DETROIT, Mich., April 3.—The Stout All-metal Airplane Co. of De- troit is an independent concern not directly connected with the Ford Motor Co. or Its allied industries. Edsel B. Ford, president of the Ford Motor Co., recently explained his connection with the Stout organiza- tion by saying that the Ford company is not considering the manufacture of complete planes, but is interested financially in the Stout company. “We are willing that the Ford name be used in this company,” Mr. Ford said, “because we believe that Willlam D. Stout, its president, has an exceptionally good plane. The planes that will be finished this year will be sold easily, we belleve, and we probably whl use our organiza- tion of Ford representatives in the large cities in ‘the sale of them. “While it is not the purpose of the Ford Motor Co. to enter the manu- facturing fleld in aviation, we prob- ably will find our place in the manu- facture of airplane motors.” Gult Ofl Corp. of Pa. 5% Hocking Val. R. R. Co. 58 1926 Humble 01l 533 1 AL Lehigh Pow. Sec. Corp. 68 M. Bt. P. & 8_S. M. 6%, Morris & 158 1630 New York Central 6s 1035, ... Oregon Short Line 4s 1920, Penasylvania B. R. T Pure Oil 548, A Swift & Co. s 1 Tidewater Oil 6 Union Pacific R. Usion Tank Car U, S. Rubber 7348 1930, Western Union_ 8135 1838. Westinghouse E. & M. 7s DIVIDENDS. Pe- riod. Par- Rate. _able. $1.50 May 1 $175 Juve 1 July 1 Oct 1 Jan 1 Apr 1 May 1 Apr 20 Apr 18 Apr Apr 18 Apr Apr 15 Apr Stock ot record. Apr 13 May 13 June 20 Bept 20 Deo Corp. Am Smelting. Do ot Babcock & Do ... Do Do Canads er & Co. Hurley Mach. Do Int Utii Cp & Moon, Mot Cal ooRLERRD Mullins B pf. Pac Tel & Tel Simmons Co pf. Sears-Roebuck. ooeEceo