Evening Star Newspaper, April 16, 1925, Page 28

98 *¥ FIN ANCIAL, POOLS SEND PRICES ' UP IN AFTERNOON Rail and Motor Shares Are | Leaders—*“Nickel Plate” in Sharp Advance. BY Special Dispate NEW YOF &ession on the the most part TUART P. WEST. to The Star <, April 16.—Today’s change was for nother mixed affair. Interest centered chiefly in several specialty moves, while the buying in the motor and in some of the r continued. The motor group Wa fact, the most consistently suppor On 'the other hand, and metal shares heavy in response Street ded. Market Opinion Divided. The best judges were loath to com s the general pncerned. They were favorably ed toward some things: at the same time they were skeptical about others. The further reduction in the cop. per metal to 13% cents a pound brought selling Into Anaconda, Ken necott and others of the copper shares Butte and Superior broke badly, partly because of the latest figures on unsold zinc supplies, which are pretty poor, and partly in belated re sponse to the annual report, which showed a decrease of $376,000 in total revenue and a surplus equal to only 72 cents a share on the stock. were distinctly to unfavorable sentiment was a Motor Shares in. Favor. Motor shares were again in favor, this time under the lead of Stude: baker and the Willys-Overlands. Thete is to be a cial meeting of Willys-Overland directors next Tues day, at which it is rumored that the question of paying something on pre- ferred dividend accruals will be taken up. The buy tomobile stocks g movement in the au oup spread into related k Rubber was taken in large blocks above 13 and there was quite a little activity in Ajax. Amer- fcan Bosch Magneto and Timken Rol- ler Bearing were the features among the motor parts stocks. me Strong Spots. Utah Securities had a rather re- markable jump to a new high. Amer- scan Water Works and West Penn Co. were strong. The rise continued in United States Realty and pool op- erations made themselves felt in Radio Corporation, on a large turnover. Texas Gulf Sulphur also was in demand at higher prices. Oil shares were unfavogably affected by the publication of the latest s tistics on crude production showing & considerable increase. Pure Oil at 26 was off nearly 8 points from -the season’s high. Texas Pacific Coal and Oil was down 10 points from its best of the vear. Phillips Petroleum, Mid continent (formerly Cosden), Inde- pendent Oil and Gas and Pan-Amer- ican B’ were all point or thereabouts. Specially -Active Stocks. Special buying in Timken Roller Bearing carried that stock up rather | sharply for a while today. The rea- son given to do chiefly with the company’s earnings and financial Pposition in 1924. Radio Corporation favorite on the theory that its tech- ition had been improved. d to have been ac cumulated by strong interests from 85 down and sold again from 52 up. United States Cast Iron Pipe com- mon fluctuated over a rather wide range while the stockholders’ meeting was in session today. Afterwards the president ‘of the compan: action could hardly be moun dividends, in view of the recent court decision, until back dividends on the preferred had been paid off. There was considerable gossip ahout the Durant interest in United Stafes (s Iron Pipe common and about an alleged “fight for proxies.” This last bit of rumor was unfounded, however, according to people well in- formed. An individual, for special reasons, tried to get a large number ©f proxies, but there was no “fight.” CLOSE IS IRREGULAR. was another Weakness in High-Priced Special- ¢ ties Features Finish. By the Associated Press. NEW YORK, April 16.—Price move- ments in tod: ed uniformity. Oils, sugar, copper and steel shares turned reactionary on unfavorable trade news. Bullish jdemonstrations were successfully con- ducted, however, in the Maxwell, Willys-Overland and sues, all of which attained new peak jprices for the year. Total sales ap- proximated 1,350,000 shares, The closing was irregular. Weak ness of high-priced specialties w: ‘the outstanding feature of the late trading, United States Cast Iron Pipe breaking points to Commercial Solve: pping 4 points, General FIRST DIVIDEND PAID SINCE 1919 IS VOTED, By 4be Amsociated Press. NEW YORK, April 16.—Directors of the Magma Copper Co. today s thorized a resumption of dividend pa ments on the capital stock at the quarterly rate of 75 cents a share. No dividends ad been paid since 1919, when 50 cents a share was distributed. The company for the first quarter of 1925 reported net earnings of $518,356 avallable for interest and depreciation. . SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) Adirond. P & Alum. Co. of Am American Sugar 6s 19 Amer. Tel. & Tel ‘Anaconda ‘Copper 6s 1 Anglo-Amer. Oil 73s 192 Associated Oil 6s 103 Baltimore & Ohio s Bethiohem Steel Central of (.vnr:la 6s 1929, Chi., Mil. St. P. 6s 103 Chil R.T. & P. 5l4s 19 City” of Lyons 6s 1934 Col. Gas & EL 1st 5a i Continent.” G. & E. bs 1 Du_ Pont 7%s 1931.. Federal Sugar Ref. Ge 1033 Federated Metals 7s 1939 Goodyear T. & R. 88 193 Great Northern 7 1936 Gulf Oil Cn. Pa. & Hock. Val. R. R. C. Humble Oil 518 193: Leh, Py, So.Cor. G m'l" 533355 233232282 £l S5e5252050: 353882282832 8323582: prev e ey PESREESSESE I 2558 New York Central 0y 10 Qregon Penna. R Pure Oil 5 it & Co West'house Me® 7 1031 STOCKS EX-DIV! ID;.ND Date Corporation. Per share. Apr 17—Art Metal Construction Co.. ‘Apr 17—Loose-Wiles Bis Co 2d pf. Apr17—Prod & Ref Corp pfd..... ‘Apr 18—Anaconda_Copper Min Co. . ‘Apr 18—Balto &‘omn R Co. which_crossed 60 | off at one time a | tated that | en on com | s stock market lack-y Nash Motor is- { 155, | Close. 90 14 50 11 104 126 124 1%, 1% /5% '86 119 9% 20% 49y 40% Open. High. Low. 80 20 14 14 50 50 114% 11% 1014 105% 12% 134 Adams Exp (6). Adv Rumley. 1 Ad Rumley pf ( Ahumada Lead Alr Reduct (4).. Ajax Rubbe Alaska Junea 1% 1 Allled Chem (4). 86% B86% Allled Cm pf () 119 119 Allis Chalm (6). ¥0 80 Am Agricul Chmi 19% ~ 21% Am Ag Chm pt.. 45% Bi% Am Beet Sug (4) 40% 40% Am Beet Spf (§) 814 8U4 324 33% 102% 172% 200 54 99 28 32 103% 1724 201% [T 9 28% 88% 9% | | Am Bri Shoe (5) Am Can (17).... Am Car & F (1%) | Am Chicle. . . Am Chicle pf. .. | Am & For Pow. . Am & Fr P pt (7) Am Hide & Lea. H Am Hide & L pt. Am Tce (7). Am Tce pt (6).. Am Internatl. . Am La Fran ( | Am Linseed. Am Linsd pf 3 Am Loco (118). . | Am Metal pf (7). Am Safty Rz (3) Am Ship & Com. Am Sm & Ref (§ Am Snuff pf (§). Am Stl Fdys (3). Am Sugar....,. Am Sugar pf (1) Am Sumatra. .. Am T & Tel (9. Am Tobacco (7). Am Tobac B (7). Am Typ Fdrs (1) Am WW&E 30c. Am Woolen. . Am Wool pt (7). Am Zinc. . Am Zine pf. Anaconda (8 Ann Arbor pt Armour Del ( Armour Il A( Asso Dry G (6) Asso Oil (1%). ALT&SFe (1). AT&SFpf (5). Atl Birm & At... Atlantic C L (7). AtGuIt& WI... At Gulf & WIpt. Atlantic Refin Atlas Tack... .. Austin-Nichols. Auto Knitter. EBaldwin L (7).. Bal & Ohlo (5). - Bal & Oh pf (4). Bang & Ar (3).. Barnsdall A.... Bayuk Cigar. Beech Nut (2.40) Bethiehem Steel Beth St pf (7).. | Briggs Mfg(3%) Bkl Edison (8) Bkl-Man Tran.. Bkl Unlon G (4). Erow Shoe (4) . | Bruns-Balk(soc) { Burns Bro (10).. Burns Br pf (7). | Bush Term (5).. Eutte Cop (50¢). Butte & Su(50c). Butterick Co. ... Cal Packing(6). Cal Pete (1%)... | Calit Pet pt (7). Callahan Zine Calu & Ariz (2). Can Pacific (10). Cent Leather. .. Cent Leather pf. |CRRNJ (112).. | Century Rib (2). Cero d-Pasco (4) Certain-Teed. ... Certain-T 1st (7) Chand Mot (3).. 36% Ches & Ohio (4). 81% Ches &0 pf(6%) . 106% | Chi & Alton 8% Chi & Alton pf.. 14% Chi Great West. Chi Gr West pf. Chi Mil & St P. Chi Mil & SP pf. Chi & Nwn (4)., Chi & Nw pf (1) ChiPneuT (5).. Chi R1& Pac... CRI&Ppf (6). Childs (12.40). .. Chile Cop (2%). Chino Copper-... Cleve & Pit (31%) Cluett Peab (5). Coca-Cola (7)... Colo Fuel & Iron Colo Southern. . Colo Sou 1st (4) . Colo Sou 2d (4) .. Col G & E (2.60). ColG&Epf (7). Col Carbon (4)... Com Inv (2.50).. Com Solv A (4). Com Solv B Congol-Nrn (3). 12 47% 143% 16% 56 285 39% 46 43% 24 106% 106% 6% 864 44% 43% 86 854 524 B1% 82% 82% 21 21 39% 39% 65 65 99% 98 4% 34 62 60 62% 62 59 59 56% 564 105% 106% 48% 48% 60 60 137% 185 188 136 30w 29% 28% 284 85 86 6% 5% % 6% 3% 3% 63% 63% 110% 110% 9% 9% 39% 39% 68% 67 29% 29% 12% 124% 57% b5% 39% 89% ) 1% 1% 2% 2K 36 35 147 181% 115 100 13 16% 4% 146. 107 14% 100% o4 1% 65 112% 29% 7% . 3% 864 264 138% 51 14% 64% 12% 8244 109 102% 10% 13 e 90 98 268% 72% 50 56% 105% 48% 60 137 188 30% Consol Cigar. ... 28% Con Cigar pf (1) Con Distributrs. Consol Gas (5). Consol Textil Cont Can (4). Cont Insur (6)-. Cont Mot (80c). Corn Prod (2). Crucible Stl (4). Cub Am Sug (). Cuban Cane Sug. Cub Cane Su pf, . Cuban Dom pf.. Cuyamel Fr (4). Cuyamel Frris. Daniel Boone. .. Davison Chem. . Del & Hud (9).. Del L&Wn (7). Detroit Ed (8) Dodgs Bro pf wi. Dome Mines (2). Doug Pectin (1). DulSS & Atl pf. Dupoat (10)...... Dugquesne pf (7). Eaton Axl Elec Pow W i.... Elec Str Bat (4) Emmerson Brat. End-John (6) Engicott pf (7. Erle . Erie 1st pf Erie 2d pf. Fairbks (2.60).. Famous PI(8)... Fed Lt & T'(17). Fed Mines pf (T) Fifth Ave (64c). Fisher Body (5). Fisk Rubber. Fisk R 15t (1)... Foundation (8) Frank-Sipf (7). Freeport-Texas. Gardner Motor. . Gen Asphalt. ... Gen Asph pf (5). Gen Cigar (8)... Gen Electric (8) Gen El spl (60¢). Gen Motors (8) Gen Mot pf (7) Gen Petrol (2). Gimbel Bros Ginter Co (1%). Glidden Co. Gold Dusf Goodrich. Goodrich pf (7). Goodyear pf (7). Gdyear prior (8) Granby Consol. . Grt North pf (5). Gt Nor Ore (1).. 28% Grt Wstn Su (8). 95% t S (1), mm 115 . 64% 1% 66% us 30 88% 37% 86% 9734 138% 51% 14% 64% 13% 83% 109% 102% 10% 13% 0% 91 93 273 J1% © 3% 105 51% 49% 30% 17 40 61% 29 96% 104 15 62% 28% 96% 107% “13 5 26% 93% 1% 68 29 B4% 4 50% 7% 95% 104 156 624 28% 96% 107 12% 5 26% 93% 0% 68 29 34% 51% 7% 6% 104 15, 621 95% 107 12% 5 26% 93% T 68 X 1034 Guantanamo’. Guif Mo & Nor. Gu M & N p{(6). Gulf St Steel (5) Hanpalst (7). 68 Hartman (2%).. 29 Hayes Wheel (3) 844 Hays W pf (7%) 103% 108% 108% Homestake (17). 44 44 44 House P (13%).. 36% 364 364 Houston Oil. .vv' - 62 - 62%- 62 uu 6 26% 93% % 814 THE Hudson Mn (214) Hud Man pf (5). Hudson Mot (3). Hydraulic St pf. Indian Refining. Interb Rap Tr, . Internat Agr | Int Cement (4) . Int Com Eng (2) Internat Har (5) Inter Har pf (7). Int Mer Mar pf Int Nickel. Int Paper. Int Pap pf st Int Ry CA pf (5) Int hoe (5)... Int Tel & Tel (6) Jones Eros Tea. Jordan Mot «3). Kan City South. Kayser (Julius). Kelly-Spring Kennecott (8). Keystone T & R. Kinney G R (1).. Kresge Dep Str. Lee Rub & Tire. Lehizh Val (33) Ligge!t & M(14). Lig & My B (14). Lig & My pf (7). Lima Loca (4). Loews Inc (2). Loft. . Long Bell A (1). Loose-Wiles. Lorrillard (3). Louisiana Oll. Louis & Nsh (6). Ludlum (2) Mack Treks (6). Mack Trk 2d (7). Magma Copper.. Mallinson & Co.. 3 md g (5). Man E1 Sup (4). Man Shirt (1%). Manila Electric. Maracaibo Oil. .. Market St pf. Market St pri Marland Ofl. Mar-Rock (2 Martin-Pry (4). Mathleson Alka. Maxwell Mot A.. Maxwell Mot B May Dept St (5). Mexican Seabd. . Miami Cop (1) Middle States. Mid-Conttnent Minn & St Louts. Mis Kan & Tex.. MK & T pt (5) Missourl Pacific. Missouri Pac pf. Montgom Ward. Moon Mot (3) . Mors & Esx 3%.. Mother Lode 75¢ Motor Whi(756c). Murray (2.40). ash Mot (111) .. ash pf (7) at Biscult (3).. Nat Biscu pf (7). Nat Dalry (§). Nat Enamel & 8. Nat Lead (8).. Nat Supply (3). Nevada Copper. . N'Y Canners (2). N ¥ Central (7). NY C&StL (6).. NYC&StL pf (6). N Y Dock....... NY NH & Hart.. NY On & Wn (1) N Y State Ry: N Y Steam pt (7) iagar Fpf 1% . Norf & West (1) North Am (2.40) North Am pf (3). North Pac (5)... Otis Elevator (§) Otis Elew pf (6) . Otis Steel. . Owens Bot (3) Pacific Gar (8).. Pacific O (2). Packard (11%) Pan-Amer (6) Pan-Amer B (8] Penn Ed pf (8).. Pennsy R R (3). Penn Seab Steel. Peoria & East. .. Pere Marq (4).. Pere Mar pf (5). Phia Co (4)..... Phla Co pf (3) PhIZ&RC&I. Phillip Morris. Phillips Pat (2). Plerce-Arrow. Plerce-Arrow pt Plerce-A prior 8 Plerce Oll.... Pierce Petrol. Pitts Coal...... Pitts Ut pf $1.20. Pitts & West Va. Postum-Cer (4). Press Steél Car Prod & Refiners. Pub 8 Gas pf(6). PubSerNJ (5). Pub SNJ pf (D). Public Serv rt: Pullman Co (8) . Punta Al Su (5). Pure Of} (1%) Radio Corp of A. Radio C pf (3%) Ry St1 Spg (8) Ray Cons Cop... Reading (4) . Read!ng rt Reading 1st . Reading 2d (2).. Remington Type Replogle Steel Rep Ir & Steel. Reynolds Sp (1). Rey Tob B (3)... Roy Duth 4.42%. St Joseph Ld (2) StL & San F (5) St L South.west. Savage Arms. Seaboard Air L. Seabd Alr Lipf Sear Shell Un (1.40).. Simmons Co (2). Stmms Pet (60¢) Sinclatr Ofl. | Sinclair pf (8) Skelly Oil. Sloss-Shefl South Pac (8 Southern Ry (8) South Ry pf (5). Spicer Mfg. .. Spicer pf (8).... Std Gas & Bl (3) St Ol Calit (2).. StOIINJT (1) StOIINJ pf (7). Std Plate Glass Stew Warnr (6). Stromberg (6).. Studebaker (4). Submarine Boat. Superior Ofl. Sweets (new. Symington. . Symington A (2) Tennessee Cop. . exas Co (3) Gult (1) Tex & Pacific. Tex & PacC&O Third Avenue. .. Tide Wat Ol1 (4) Timken R B (14) Tobac Prod (6). Tobe Prd A (7). Transcont Ofl... Underwood (3). Un Bag & Paper. Union Oll....... Union Ot (1.80). Un Pacific (10)... Un Pacific pt (4) Utd Cigar (13%) United Drug (8) Utd Drug 1st 3% Utd Ry Inves pf. U S Cast Iron P. [USCIPDL(D.. Hupp Mot (1)... Independ OI1'(}) . Ingersoll R (8) . Inland St (21§) . Inspiration Cop". Open, High. 294 65% 54 17% ki 107% 51% 13% 8% 131 41 6% 984 % 40 43% % 87% 140% T4% 874 1224 B53% 59 168 102 204 5% 64 A% Low. Close. 28% 85% B50% 1% % 7 T 283 285 415 EVENING STAR, WASHINGTO 'NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office 29 65% 1% 1% ™ 284 6 | 18% | 3% | 361 | 105% 665 124 4% 81 145 62 18% 26 116% 127 90 264 | 31 22% e 981 129 nsv.l 484 61% 113 104 10 4 105 86 21% 7214 73% 26% 106% 4% 1% 16 684 46 381 14 50 93 2 6% 45 { points ) FURTHER ADVANCES [N BOND MARKET Heavy Buying Noted Loans—French Liens Again Do Better. in BY GEORGE T. HUGHES. Special Dispateli to The Star. NEW YORK, April. 16.~Stimulated by a money market which in some quarters was described as weak, bonds were strong today with United States Government securities the leaders. New high records for the year were established in at least two issues, the | second 41 Liberties and the Treasury 4 The tions sold ier Government obliga- round their recently record- ed high points. Buying was in ev dence also in the high-grade rails and fractional galns were made by such bonds as Atchison general d4s, B. & O. first_4s, Southern Pacific re- funding 4s, #irginlan Railway St. Louis-Scuthwesrern s 5s, consolidated ity-Southern 3s. h Bonds Gain. point of interest very in French quite pronounced. The new French 7s were up a point and from their recent low of 6. ment of the Seine 7s, down to 821, sold higher today. o sed 95 easily. rench Cities 6 responded moderately to the better feeling. Poland 85 were bid for at a half point premium over the offering price. Apparently ‘large blocks of these bonds had been sold on Monday on the expectation that syndlcate support was about to be withdrawn. t was understood today the syndicate agreement had been extended two months. Next in further r This wa was the bonds. Depart which had been more than two French 7 138 Advance. Virginia Carolina Chemical 7s continued their upward movement, the impetus being reports that the reorganization plan would be satis- factory to all interests. - Seling at 891 today the bonds were up over 16 points from the low of January. Sugar bonds were only moderately affected by the 1wes < in sugar L Cubi Dominican Sugar 138 were notably firm. In the specu- lative rails prices wee steady. The new offerings included $4.000,- 000 City of Buffalo :serial 4 s to vield from 3.50 to 3. per cent, and $2.200,000 Interstate Perminal Ware- houxe 6ls maturing _serfally to vield from 5.95 to 6.50 iyor cent. COTTON QUOTATIONS Chemice TURN BIT FIRMER| Good Cables and Dry Weather Re- ports Active Factors in Day’s Trading. By the Associated Press. NEW YORK, April 16.—The cotton market was more active and firmer in today's early trading on reports of a better demand for cotton goods, fail- ure of the weather map to show any further rain in Texas and relatively steady Liverpool cables. ‘The opening was steady at an ad- vance of 3 to 8 points. Considerable realizing was absorbed on reactions of a few points after the call and the market stiffened up agaln, May ad- vancing to 24.50 and October to 24.73, or about 10 to 12 points net higher. New Orleans Quotations. NEW ORLEAN April 16.—The cot. ton market opened firm. Liverpool was better than due and first trades here showed gains of 11 to 13 points. The firmer tone was stimulated by good cables, a dry weather map and good dry goods and spot news. Pri- vate advices from Texas as to crop prospects continued unfavorable. $869,543 SPENT IN YEAR ON NEW TYPES OF BUSSES Yellow Cab Reports Net Profits of $2,742,408 in 1924—1925 * Earnings Up. By the Associated Press. CHICAGO, April 16.—The net prof- its of the Yellow Cab Manufacturing Co. for 1924 were $2,742,408. Dividend requirements for the year amounted to $2923,250, and $869,543 .| was expended in experimentdl work on new types of busses, cabs and other vehicles produced by the com- pany. Of the latter amount a quar- ter of a million dollars was spent to acquire certain Fifth Avenue coach manufacturing and property rights. ‘The net income for the first quar- ter of 1925 will amount to approxi- mately $625.000, which is $235,188 in excess of dividend requirements for the period, the report sald. 344 284 84 130 39% 44 117% 123 85% 79 85 3% 27 3% 1% 16% 15 89% 154 22 84% 17% 119 88% 97 12 9% 116% 124 17% 87% 88% 127% 69 81 11 12% 24 26% 63 634 22% 15 934 U S Distributing U S Hoff (2).... U S Ind Alcohol. U S Realty (8).. U S Rubber. . USSmpt 3%). U S Steel (17) U S Steel pf (7). Universal Pip Univer P pf (7). Utah Copper (4) Utah Securities. Vanadfum. . Va-Caro Chem. Va-Caro Chem B Va-Caro Ch pf.. Va-Car Ch pf cfs Va Ry & Power. Vivadou... Wabash Wabash pt A(5) Waldorf (1%).. ‘Ward Baking A. Ward Baking B. Ward Bak pf (1) West Pen (4)... West Pen pf (7). West Ele pf (7). West Maryland. West Md 2d pf. . Western Pacific. West Pac pt (6). West Union (7). Westinghse (4). Westhse 1st (4). Weston Ele Wheel & L Eri Wheel & L E pf. White Eagle (2) White Mot (4).. Wilson & Co. Wi'son & Co pf. willys-Overind. Wills-Over pf... Woolworth (3). 119% Worthington... 51 Wright Aero (1) 204 Wrigley (18%).. 49 50 49 50 P extra, DiYidend rates as” hren i e h otk are the anoual cash payments fatest ‘quarterly “or ...unnv"fi?ef.-'-'u-. Unless otherwise noted, e ‘special are ‘not tncieded. Tt TREASURY CERTIFICATES. (Qunmmm furnished by Redmond & Co.) 847 28% B4 185% 40% 88y 83% 28 28 B3 834 130 135% 39% 89% 44 116% 123 33% 9 85 3% 27 % 1% 16% 15 884% 14% 21% 84 17% 88% 14% 22 6444 17% 119 39 98 114% 95% 16 12% 18% 374% 8874 129% 68% 81 11 12% 24 26% 62% 6% 224 18% 92% l:?“ % 18% 18% 83% 127% 68% 81 11 12% 24 26% 624 64 224 15 92% 118% 50 half | | | Christiania D. C, THURSDAY, APRIL 16, (oo v BONDS o seennar] [MAY WHEAT GOES 1925. Received by Private Wire Direct to The Star Office. UNITED STATES BONDS. (Sales are in $1,000.) Bales. High. 376 101 14 15 102 6 208 101 14 195 101 29 120 102 10 203 1012 71 10517 FOREIGN. Sales. High. 96% 964 102% 95 994 85% 93% 105% 107% 109% 92% 81% 81y 9574 100% 102% 104 102 1001 102% 108% 1077 9914 87% 9714 99% 99% 101 102 101 101 102 101 105 Lib3%s... Lib 18t 4%s Lib 2d 4% Lib 3d 4 Argentine 6s A Argentine 8s B Argentine 7s. Austria 7s.... Bank of Japan 6i Belgium 6s. . Belglum 6% wi. Belzium 7% Belgium 8s. Berne 8s. Bolivia 8s Bordeaux 6 Brazil Ts. Rrazil 8s. Canada 55 Canada 5s 1931 Canada bs 1952 Canada 5145 1929. . Chile Ts 1943. Chile 85 1926 Chile 85 1941 Chile %5 1946. Con Pow Japan Ts. Copenhagen 54 Cuba 5%s. .. Czecho 85 1951. ... Czecho 851952 ct. . Danish Munic 83 A Denmark 6s. Denmark Ss. DEI5%s Mch '53. D ET5%a Nov '53. Dutch East I 65 47 Dutch East I 6s°62 1 Salvador 83’48 Finland s f 68 '45.. Finlands 7s ..... Framerican T%s.. French s French 7% French 8s. Ger E1 6% German Ts. Ger Gen Elec T Greek 7s. Halti 6s... i Holland- Aln!l" Hungary 6%s. . Japanese 4s Japanese 6%, Jergens U M 6347 Lyons 6s. Marseille 6 Mexico 4510 asntd (Mexico o8, ........ Montevideo 7s. ... Netherlands 6s '54.103 herlands 6s72. orway 6s 1943. .. orway 65 1944, Norway 63 195 \nrwly 8 Pari, Paris-L Paris Orleans 7s. . Peru 8s Poland 6s Poland 8550 wi Prague T4s Queensland 7s. ... Rio de Jan 8s 1946. Rio de Jan 88 1947. Rio Gr Do Sul §s. . Sao Paulo City Sao Paulo State 8s S Paulo St 8s wi Sefne Dept ef 7: Serbs Crot €lo Solssons 6s. Sweden 5%sct. Sweden 6s. . Swiss 5148 1946. Tokio Ud Kingm 6% Ud Kingm & Ud Steam Copen. 63 Uruguay 8s. Zurich 8s. .. 110 Low. Cl 13 ol 16 26 ¥ 10113 102 ¢ 101 10 101 29 102 8 1012 11 106 11 Low. Close. 103% 101% 65% 116% 106% 92% 109% 109% MISCELLANEOUS. Ajax Rubber 8 Am Agr Chem Am Chaln sf 6s°33. Am Cotton Oil 5s.. 5 Am Smit & R 1st 62 24 Am Smit & R 68 Am Sug ref 6s AmT&Tcltré AmT & Tecl tr b AmT&Tst5s Am T & Tdeb 5% Am Water Wks 5s. Am Writ Paper 6s. Anaconda 1st 6s. Anaconda cv db 7 Andes Ts Zo% pd Armour & Co 4 Armour Del 5% Associated Oil 6 Atlantic Refin 5 Barnsaall s f 8s. Bell Tel Pa s Beth Stesl pm 5 Beth Steel r & i Beth Steel 5%48°53. Beth Steel s ¢ Brier H St 15t 5%3 Bklyn Ed gen b Bklyn Ed 6s B Bklyn Union G Bush T Bldg b Calif Pete 6%s. ... Cen Leth 6545 cfs Chile Copper 6s... Col Gs & E! 5s sta. Commonwth P 6s.. 16 Con Coal Md 1st 58 21 Con GNY 5%s wi. 124 Consumers Pow 63 52 Cuban Am Sur 8s. Denver Gas 5s Det Edison 58 ‘40 Det Edison ref 6 Dodge wi 68 Du Pontde N7% Duq L&P 5%3'49.. Dugquesne Light 6s Est Cuba Sug 7%s. Empire G&F 7%8 Flsk Rubber §: Goodrich 6%s. .. Goodyear 8s 1931 Goodyear 8s 1941 Hoe & Co 6%s Humble O&R 5% Tllinols Bell 1st b 1llinols Steel 4%s. Indiana Steel 53, Int Mer Marine Inter Paper 65’47, K C P &Lt 5sA’52. Kan G & El 6362 Kelly-Spring 8s Keystone Tele bt Laclede G 5% Liggett & Myrs 5 Liggett & Myrs 7 Lorillard (P) 5s. Loulsv G & E bs Magma Cop cv s Midvale Steel 53, New Eng Tel 6s N Y Ed 55’44 wi. NYG EL H&P 4 NY Tel 4%s N Y Tel 6s N Y Tel 63°49. North Am Ed North Am Ed 6% Nor Ohio T&L 6s. . Nor States Pow bs. Otis Steel 7%: Otis Steel Pacific Gas & E1 58 PacT&T Pan-Amer Pete Phila Co 5%s 3 Phila Co ref 65 A Phila & Rd C&I 5t Pierce-Arrow 8 Public Service 5s Public Service 6s. Reming Arms 6s. Rep Ir & Steel bs.. Saks & Co sf 7s Sinclair Ol1 68 Sinclair Oil 6% Sinclair Oil 7s. 8 93 100% Sin Pipe Lind 854 Skelly Oll 6% 108 So Por RicoSug 78 6 104% Southwest Bell 55.193 - 99 96% 101 1 108 9 109% 08% 99 97% 94 974 106% 102%. 97 100% 954 4 102% 954 46'5 99% 100% 944, 8Ty 924 1021y 29 105 101% Y 26 86 94% 987 100% 105% 100% 95% 103 99y 106% 100% 100% 8344 102% 94% 108% 924 100% 108 99 107% 1047% 105% 1054% 102% 109% 10415 109 120% 101 29 -96% 100% 108 109 1004 109% 104 ! United Drug 6s.... 18 USRubatress.. 24 U S Rubber 73s U SStecls £ 68 Utah Pow & L. Va-Car Chem 7s.. 507 Va-CarCh 1t%s w. 64 Vertientes Sug s Warner Sug 7s'39. West Elec bs. West'n Union 6%8 3 Westinghouse 7s.. 7 Willys-Oy 6%s°33. 11 Wilson & Co 1st 6s 12 Wilson & Co cv 6s. 13 Wilson&C cv 7348, 17 Winchester A 7548 2 Youngstn S&T 6s. 22 RAILROA Ann Arbor 4s. Atchison gen 4 AtlanticC L 7s QELEWV 4s v div 3ts. B & O Toledo (n‘& Bklyn-Manhat 6s. Buff R & Pitt 414 Canad North 61 Canad Pac deb 4 Car Clinch & O 6s. Centof Ga 6s. .. Central Pacific 45. 87 Ches & Ocv4ls.. 16 Ches & Ogn 4% 2 Ches & O cv b8 Chl & Alton 3%s. . Chi B&Q gn 48 °58. Chl B&Q 1st rf 6s. CB& Q-1 348 Ch! & E I gn 6 Chi Great Wi CM&StP4s’28 CM&StP gn 45 '89 CM&StPdbis 3 tPev 4k CM&StPgn4l%s cM 10 56 35 5 2 Chi & W Ind cn 4, C& W I5%s'62. &StL4%s. CCC & St L 5. CCC&StLrf6sA. 10 Cleve Term 5s..... 24 Cleve Term 5% C &S 1st 452 Colo & Sou 4%s Cuba R R 6s Cuba RR Tl%s Der & Hd 1st rf ds. Del Hud ev 6s '35 Del & Hnd 5%s. Den & Rlo G cn 4 D & Rio G imp bs. . D & Rlo G Wst 5s. Det United 448 Erie gen 4s. . Erie conv 48 B. Erte conv 4s D.. Erle con ext 7s.... Erie (Pa) cit tr 4s. Gr Trunk sf db 6 Grand Trunk 7s. Great North bs.... GrNorth 5%s..... Gr North gen 7s... Havana ERL&P 5t Hud & Man ret 5s. Hud & Man aj 5s 111 Central ref 4s. Tl Central 5% 111 C-C St L&NO 53 Int Rap Tran 6s... Int Rap Tr 5s stpd. Int Rap Tran 6s. Int Rap Tran T Int & 5 Nor 1st 6; Int & G Noraj 6s Kan City Ft S 4s Kansas City S 3s Kansas City S 5 Kan Cy Term 4 Lake Shore 4528, . Lake Shore 4s°31. Lehigh V Lehigh V Louis & Louis & Louis & Nash 5».- Louls & Nash 7s. Manhat Ivy cn 4s Market St Ry 7 Mil El Ry & L 5 M StP & SSM cn 48 27 M StP & SSM 6% MK&T4sB. MK & T adj 5t MEK&Toprln Mo Pacific gea 43. . Mo Pacific 55 '85. .. Mo Pactfic 6 Montrl Tm 1st 6s.. NO Tex & M in 5s. 85 NOTex&Mb6sB.. 5 NOT&MbY%s . 36 N O Tex Mex NYCengen3 Centcn 48°9%. Y Cent deb 4 12 4 11 27 185 .17 N Y Cent deb 6s. . NYCentLScl3%s 5 NYChi & St L5%s 24 NYC&tL6sA... 16 New Havcdés.... 11 NY.Ont W ist 4s.. 1 NY Ry rf 4s ctfs... 12 N Y State Ry 4% 1 NY W & Bos 4% 47 Norfolk & W cv 6s. 58 Northern Pac 4 8 Ore & Calif 1st 1 OreShtLicn 58'46. 1 Ore-Wash 1st rf 4s 29 Pennsyl con 43%; Pennsyl bs '64. Pennsyl 6% Pennsyl gold 7s... 13 Peorla & E inc 4s.. 59 Pere Mrq 15t 4s '56 18 Pere Marq 1st 5 Reading gen 4% Rio G West 1st 4s. Rio G West cl 48 St L IM&S 452! St L IM&S R&G StL&SFplésA. 166 StL&SF prinbs. 89 StL&SF 5%sD.. 32 StL&SFadjés.. 55 St L &S F inc6s.. 136 StL&SFplésC.. 2 StLS W lst 1 St LS W con 4s 32 35 StP & KCShL 4%s 2 StPUnDepbs.... 12 Seab’d A Li4s sta.. Seab'd A Liref 4s.. 33 Seab'd A Ladj bs.. 52 Seab’d A L con Sou Pacific 48 Sou Paclfic clt Sou Pacific ref 4 Southern Ry gn 4s 152 Souflurn Ry 1st 6s 33 Southern Ry és ct. 11 Southern Ry 6%s. 15 Sou Ry Mobile 4 Texas & Plc‘!l.l Third Ave re! Third Ave adj 6s.. 26 Tol St L& W 4s... 13 Toledo Trac Union Pac 1st 48. Union Pao 1st rf Union Pac 4s'37. Un Pac 1strf 5s... 28 Union Pac cv 6 Virginia Ry 1st 5s. 24 VaRy&Plstbs.. 5 Washash 5%s, '15..[20 Wheel & LE cn 4s. 11 Wilkes B&E 1st6s 2 Wisconsin Cent ds. 2 s 103 102% 86% 86 3 106% 106% 105% 106% 93% 93% 30 89 58 b4% 92% 92% 79 8% 99% 99% 110% 1104 107% 107% 100% 100 98% 984 724 12% 1% 1% 101% 101% 98l 98 DS. 66% 661 83 8% 106% 106% 89 88% 93 92% 88% 88 101% 101 103% 103 102% 102% 87% BT% 100 100 3% 3% £6'% 86% 83 82% 117% 7% 78% 79% 10714 107% 2 108% 103% 88% 81’ 967 96% 101% 101% 85 844 76 754% 62 62% 48 47% 8% 6% 45% 45% 464 45% 83% 83% 451 45% v 45% 102 1017 T 9% 93% 110% 110% 5 1064 1061 785 18' 8315 83% 874 87 % 17 Sales. High. Low. Close. 108 BEY 105% 106% 93% 80% 58 92% 8% 99% 110% 107% 100 98% 2% 102% 102% 10 8 97% T7% 9744 974 97% 98 9% 10345 103 100% 100% 106 106% 98% 981 945 93% 87% 87 104 103 91% 91 10615 106 101% 101% 82% 98 55le 905, 62 6444 71 108% 1084 95% 95% 1074 107% 9 116% 116% 93% $3% 100% 100t5 109% 109% 86% 864 RBY £84 2% 2% 9% 91y 102% 102% 994 58% 634 62% 62% 62 67 65% 8615 . 8614 104% 163% 66 834 72 89% 85 98 96% 80 1004 100% 9ils 944 103% 103% 108 108 107 106% 594 58% 984 98K 8T 867 86l 85% 104 103% 75% 75 84% 8y 93 925 644 63% 86% 86% 100% 100 % 95 9% 95 937 834 1004 1004 100% 100% % 7% 84% 8415 951 951 1013 100% 109" 1084 5% 76% 95% 954 103% 1034 884 88y 87l 67% 49% 495 65% 6515 64% 64 129% 1281 841 843 101% 1014 105 105 2% 824 99% 99% 94% 94 102% 1025 97% 9745 110% 110% 1084 108 82% 31% 82% 82y 99 g9 96% 96% 95 95 % 9415 B4% 84% 8% 784% 94% 948 86% 86% T6% Td% 89% 88% 89% 98 87% 874 81% 80 103 103 81% 81% 88% 88y 83% 83 1014% 101% 6% 76% 68 67% 6% 764 81 90% 97% 97 85% 8o% 90% 90% 78 7% 102 102 106 105 110% 109% 84 108% 108% 7% 93 96 954 94% 645 84w 93% 93% 82% B2% 3% T34% 64l 64% 9% 79w 108'% 100'% 106 9814 9415 87 104 91 106% 101% | 82% 88 5674 905, 6215 72 108 95% 107% 116% 93% 100% 10914 864 ADVANCE IN éoumm CHICAGO, April 16.- higher; fowls, 28a2i roosters, 18; turkeys, 18, 64 | FINANCI STILLLOWER TODAY Fresh Downturns Has Bad Effect on Other Grain Prices in Chicago. By the Associated Press. | CHICAGO, April _ 16.—Although | wheat prices displayed an early up- ward trend today for new crop de- liveries, the May delivery showed severe fresh downturns, and had a general depressing effect. Reports from Kansas telling of irreparable crop damage in several counties were more or less responsible for buying which gave temporary strength to the new crop months, July and Sep- tember. Nevertheless, continued sell- ing out of May holdings proved to be more than a counterbalance. Initial | quotations, which varfed from un- changed figures to 1 cent lower, with! May 151 to 1.52, and July 1.42 to 1.42%, were followed by an irregylar setback to 1.47%, May. July touched 1.41, but then advanced to 1.43%, only to fall back later to 1.40%%. careity of offerings and scantiness of receipts gave some firmness to corn values after a setback at the start Opening at % to 2 decline, May 1.04 to 1.041:, the market later rose to| 1.07, May and i.1i July. Sympathy with wheat subsequently led to a re- action Oats were easy as a result of Iib- eral supplies on hand. The opening, 14 to % off, May 40% to 40 succeeded by only small transient rallies. Provisions lacked V\HEAT—— support. July September CORN— May July B September OATS— | September LARD— May { July : September | RIBS— Yay September CRUDE OIL OUTPUT GAINS DURING WEEK Daily Average Imports Slightly| | ' : Smaller Than for Previous i | Week, Reports State. By the Associated Press. NEW YORK, April 16—The daily |average gross crude oil production of the United States increased 62,300 | barrels for the week ending April 11, of which 4: heavy ofl in the Smackover Arkansas field, according to the weekly summary of the Amer- ican Petroleum Institute. The daily average production east of California was 1,397,600 barrels, an increase of 62,300. There was no change in Cal- ifornia production. 596,000. Daily average imports of petroleum at principal ports were AL. 0.C. BANK DEPOSITS TOTAL §232677 447 Greatest Amount in History Shown on April 6—$500.- 000 Bond Issue Out. BY CHAS. P. SHAEFFER A total of $232,677 est amount in the history of the cit Wwas on deposit in local banking inst tutions on April 6 last, date of the con troller’s call, according to official cor pilation. made public this morning b Audley P. Savage of the National Sa ings and Trust Co. The figures re sent & net increase of 37 091.85 er the previous reporting date, De orarbehe Previous reporting date, D Every class of institution reported substantial gains, with trust com panies in the lead. This clas bering seven, recorded a $3,341,559.65 in the period. banks came second. with $2 increase, while deposits of savings i stitutions appreciated $1,708,208.93. The 13 national banks of the cits control more than half of all deposits according to the s mm. s. having total of $122.451,3 Savings ban have $32 trust 7.451,8 led the tional bank group as we - tire flr]d showin, an "’ 56,2 over the 1 came next in bank field. with $855.160 Second third, with $358,9 In the trust leader was the Trust, with the 277.07. 'The Wa Trust was a close 598.97, and the with $482,221.10. In the avings bank Park was first, with 704.29; the Mount Increase of $237823 and the Security Savi mercial third, with $18 Complete statistics will elsewhere in this edition Land Bank Issues Qut Today Brooke, Stokes & today a new issu mae Joint Stc ington. D. C.. 5 per cen farm loan bonds, 1031 est, to yield more than 413 per cent to ‘the callable date and 5 per cer thereafter. The {ssue is dated Apri 1. 1925, and coupons are pavable : the Riggs National Bank These bonds are the direct obl tion of the Potor Lar Bank, which is a member c eral Farm Loan system, oper: der Government charter The e national Co. are at Government exempt from strumentalities of the United act of Congre: The issue is secured gages on improved farm Maryland and Virginia, the mortgages being limited by provisions of Federal farm loan act to 5 of the appraised value of tr ing lands. Statisti f the tion show only 39 per cent of t praised value of the land has been loaned to date. Serves Nearby States. The Potomac Joint Stock Land Ba was chartered here in May, 1923, the purpose of furnishing aid ricultural interests in Maryland and | rels, compared with 217 {previous week. Daily average re. | ceipts of California ofl at Atlantic and Gulf ports were 93,143 barrels. | Ex | | 1 GRAIN AND PROVISIONS. BALTIMORE, April 16 (Special) Potatoes, per 100 pounds, 1.00a1.35; sweet potatoes, barrel, 2.5026.00; yams, barrel, 4.50a5.50; asparagus 2.00a6.50; beans, hamper, beets, crate, 150a2.50: cabbage, 00a18.00; carrots, bushel. caulifiower, crate, 2.00a2.50; bers, bushel 3.50a6.00; celery, 1.5042.50: eggplants, crate, 3.00a5.00: lettuce, basket, 1.50a2.00; kale, bushel. | 35a50; onions, 5024.00; | Spring onions, pe: hamper, 2 a7.00; ton. a1.50; cucum- h. crate, 24.00; tomatoes, crate, 3.006.50. Apples, packed, barrel, 3.00a7.50; bushel, 1.00a2.25; grapefruit, box, a3.50; strawberries, quart, oranges, box, 6.25a6. Selling Prices at Noon. Wheat—No. 1 red Winter, spot, ex- port, no quotations; No. 2 red Winter, | spot, domestic, 1.67%; No. 2 red Win- ter, garlicky, domestic, 1.67%; No. 3 red Winter, no quotations. Sales—None. Corn—Cob, new, yellow, spot, 6.50a 6.75 per barrel; track corn, yellow, No. 2 178 Sales—Bag lots of No. 4 yellow at 1.16; bag lot of No. 3 mixed at 1.08. Oats—No. 2, 54; No. 3, 5215, Rye—Nearby, 1.00a1.10; No. spot, 1.16%. Hay—Receipts, 20 tons. The limited demand prevailing for hay is confined exclusively to the better grades of timothy, and choice light clover mixed, of which sort there is no oversupply. Demands in the hay line are so limited that it takes comparatively no stock to go around, and truck receipts from nearby points are still a factor in re- ducing requirements at the regular hay sheds. Quotations today—No. 1 timothy 18.00a18.50; No. 2 timothy, 16.00a16.50, No. 1 light clover, mixed, 17.00a17.5 No. 1 clover, mixed, 16.50a17.00; No. clover, mixed, 15.00a16.00. Straw—No. 1 wheat, 15.00a15.50 per ton; No. 1 oat, 16.50a16.50; No. 1 straight rye, 18.50a19.00. 2.50 2 rye, 2 CHICAGO LIVE STOCK MARKET CHICAGO, April 16 (United States Department of Agriculture).—Hogs— Recelpts, - 24,000 head; fairly active, mostly to yard traders, shippers and small packers; 5 to 10 higher than Wednesday's average; desirable 170- 1b. averages and up, mostly 13.00a 18.10; bulk, 140 to 155 Ib. averages, 12.65a12.90; strong-weight slaughter plgs, mostly 12.50; bulk smooth pack- ing sows, 11.40a11.50; heavy-weight hogs, 12.60a13.10; medium, 12.75a13.10; light, 12.50a13.10: light light, 12.00a 1 packing hogs, smooth, 11.30a packing hogs, rough, 10.90a slaughter pigs, 11.00a12.65. le—Receipts, 12,000 head; most graded fed steers and light beef heifers weak to 25 lower: slow at de- cline; killing quality largely medium to good, with liberal sprinkling good to choice weighty steers; latter show’ ing largest decline; early to matured steers, 11.35, average weight, 1,189 Ibs.; -some 1422-Ib. averages, 11.25; few loads of heavies, 10.60a11.00; bulk fed steers and yearlings, 9.25a10.50; light yearling heifers, 10.9 looks sharply under week’s high time; bulk fat cows, 5.25a7.75; bulls easy, spots Jower; few weighty bolognas, above 5.15; bulk, 4.75a5.00; vealers uneven; good to cholce 117 to 120 Ib. calves, up- ward to 10.00a10.50; kind averaging 110 Ibs. downward, mostly 8.50a9.00; stockers and feeders scarce; firm at week's slight advance. | Virginia. lat To date the bank au- thorized and sold six issues of §5( 000 each, making a total bond indebt edness of $3,000,0 Total resources are $3,307,739.84. Statement of condi 31, which follows, shows a tial earning bas Assets. Net_mortzage loans T. S bonds and securities Deposits with banks Accounts receivable Amort. paymes of collectior Furniture ‘and fix{ires.’ Accrued interest z on as of Total. . Liabilities. Farm loan bonds outstanding. Advance amort. pavments. Previous bond issues of this institu- tion have enjoyed a receptive market. They are listed on the Washington Stock Exchange at 101 bid and 103 | asked. Lively Trading on Exchange. The heaviest trading session of the month was recorded on the Washing- ton Stock Exchange today at ruling levels Raflway common stock was active after several weeks of inertia, a total of 50 shares changing hands at 1083. The preferred sold to the extent of 88 hares at 81%. Gas stock was weak 56 and fractionally higher, but Lanston and Mergenthaler were both unchanged at 803 and 18073, respec- tively. On the unlisted department. 100 shares of Citizens' Savings Bank sold at 13. Bond trading was confined to utility issues at unchanged levels. Tncrease in Stockholders. Registered shareholders of the American Telephone and Telegraph Company have increased 3,725 since the first of the year, the present total of 349,191 including 65,000 employes of the Bell system. About 150,000 em- ployes of the system are ng for stock on the installment plan FOREIGN EXCHANGE. (Quotations furnished by W.B. Hibbs & Co.) Nominal Selling checks old value. _ today. .$4.8665 $4. "S*. London, pound. . 1.00 Montreal, dollas Paris, franc. Brussels, {ranc. Berlin, mark. Rome,’ lira. Zurich, franc: Athens, drach; Madrid, peseta. 2 1 00001415 100014 Budapest, he. 02013 Prague. crown.. Warsaw. zloty. . Copenhagen, crown.’. Christiania, crown Stockholm.” crown. GERMAN B(Ei)s AND- STOCKS. (Quoted in dollars per million marks.) A Sef G (w Je). Hamburg 4% EaBE £ fore oany. (Quoted in dollars per thousand Ger Gen El 415 pre-war Ger Gen EI 4%3s 1919. Berlin 45 p Ham 3s, 3%48 & 45 Hamb Amer Line 4 North Ger Lioyd 4 North German Lioy Prussian Consols 3%3s. . Krupp B3 1021, Dusseldor! 48 pre-war. Frankfort a-M 4s pre-war Munich 4s pre-war. Badische _Anilin. . A E G (Ger Ge El Commerz and Privat Bl Disconto Gellschaft. Dresdner Bank. .. Deutsche Ban Darmatardter Bank Mercer Bank Vienna. WOOL TBADE IMPROVES. BOSTON, April 16.—Business picked o s HEESEGERE 001~ S58, No0200oRRDRNDDD! 38333 Cestm o ©3333533333: Sheep—Receipts, 9,000 head; fat lambs opening around 25 lower; choice 81-Ib. clippers, 12.50; good handy welght wool lambs, bid, 14.75 most early bids, 25 to 50 lower; me- dium to good Navajo lambs, 11.50; two cars of good to choice Caliofrnia springers, averaging 74 lbs., at 16.50 | stratght; sheep dull, mostly 25 . Jambs weak to 25 flfl. up in the raw wool markets today, a number of small sales to mills be ing reported at unchanged levels. Cur- rent offerings of new clip California fine and fine medium wool have been priced at the equivalent of $1.40 clean basis. Sample lots of new Ohlo wool have been priced at 57.to 573% cents grease basis for half and three-eighths bicod yool:. S