Evening Star Newspaper, May 12, 1925, Page 28

FINANCIAL." ° THE 'EVENING “STAR,” WASHINGTON, D.”C.; 'TUESDAY,” MAY 12° 1925, "FINANCIAL. EWHIGHLEVELS | [ new York sTock ExcHancE | |BONDS CONTINUE ONDS oeur] |IATERIAL GAINS | RAILWAY COMMON Received by Private Wire Direct to The Star Office ved by Private! Wire D to The Star Office. . tibl Pow (&). 614 67% (Sales are in $1,000.) Skelly Ofl 6%s.... 18 111% Adv Rumley. 16% 16% 134 | Bartman (336). . 20% 20% f:* 22 Sales. High. Low. Close. |So Por RicoSug 78 2 105 5 Hayes Wheel Ad Rumley pf (3. 67 IR S B S 1 T Lib3ts.... 16 101 10030 10031 | Southwest Bell 5s. 53 100% 7 | Al Recuer a0 191 103 101 102 | Homestake (1) 4t% 4t% 4t% 4% Tib 20 3. 120 101 12 1018 1015 | Tenn Kiec bow 85, 114 101 : E o r Reduct (4).. 10 3 House'd P 5 N A A b 101 12 10 enn Elec Pow 6s. 118 101% 3 H otor, Rubber, Tire, Gil and | aix Rower.. " 145 1aw 14%|Housed Prod(s) Sew 36w 36 36 | Rajl Pyblic Utility, Rubber| ©in3diis: ‘& 101 2 1o 56 loi 208 | Tide wat ot 8365, 3 108 Activities of Exporters Cause | Advances 6 1-2 Points to 116 S fl‘ Am Cable (1) 13014 182% Hudson Mn(Z%) 31% 3k 31% Gkl Fins s, L o ) et g g s : aska J v ~ s 101 2 u nion Bag .. 12 97 Some Specialties Are Allled Chem (4). 8¢ 9% - 88 g:g;“;:fill:”' :::: ?gln :;fi and Qil Liens Extra US4%s'55. 510521 10515 105 18 | United Drug 6s. .. & 103% of Upturns Today in Wheat, on Sales of 937 Shares. Allis Chalm (). 9% 2 2 R US Rub 1st rf 53..265 81% . Market Leaders. A AR O s 19 19 Illinots Cent (1. 1121 uz 112 Active Today. FOREIGN. USSteels t6n.... 23 106% 5 Corn and Oats. Traction Is Off. Am Bk N pf (3). 58 x:gf.".f'i?u?;’ré;’ 26% fg% fl& Sales. High. Low. Close Utah Pow & Lt 63 96% Am Beet Sug (4) 40 s e T Argentt, 1 86% 86% 86% | Va-Car Chem 7s.. 92 S R Am Bosch. | 824 2l St G Argentin 1183 96% 99% 96%|Va-CarCh7lsw. 2 63 3 ) S TUART P. WEST. AR onn oa | Ina Ref pt (1) g1 BY GEORGE T. HUGHES, D oo et Vaftisnes o m g By the Associated Press BY CH! . SHAEFFER. ch to The Star Am Can (47 185 Inland Stl (2% 0SSN0 = pecial Dispaioh o MRS tar Argentine s 102% 102% 102% | Warner Sug 7s°39. 12 82 CHICA! May 12—Wheat scored| Common stock of the Washington May —The ub-| Am Can pf (7)., 118 118% Inland Stl pf (7) 107% 109 EW YORK, May 12.—The strength B 974 9T% Warner Sug 7s 1. 6 e e i . Railway and Electric Co, . movement on the Stock EX.| Am C& by cay.. 1og i 1064 Inspiration Cop. 23 23 s market was distributed al- e West Elec 65 1000 gt sibnadia il L e i e L i Sleasted incd further fround today | Am cnms'ray. 1ot 3316 23% | Internat Agri. .. 11% 12 | most uniformly throughout the list. 5 87 Westinghor 109% wavering start. There were indica- 2 Sl (decaiaieesilon, on sult of the rise in several im-| am Chiele. .. ... 63 5314 53% | Int Bus Mac (8). 119% 119% | In the high-grade section the feature 94 k Willys-Ov 6%s'33. 3 10 tions that exporters were actively | the local stock exchange, culminating sroups, such as motors, rub-| Am Preeiaoer. o s Int Cement (4) 64% 4% | was Atchison general 4s above 92, at 109% Wilson & Co 1st 65 984 seeking Northern Spring wheat and |in an exchange of 937 shares at a net that bids for No. 1 Northern were on | 8dvance of 63 points on the day, to tire ‘shares and the olls. | am & e, 00} Int Com Eng (2). 97 39% 874 | the highest price since 1922. This par- 107% Wilson & Cocv 6s. 5 71% : 116. Today’s recor marks the most ctive in these quarters | am e m : Internat Har (5) 107 107 |ticular bond Is considered the leader o Wilson&C ov 7%s. 21 707 h y r ult of some of the indi-{ A g A* B 2f () Inter Har pf (7). 116 116 116 |in its group, and its rise is deemed Losu %46 | Winchestor A 7545 28 1000 ek A e B iint Thowe ot e i Jidual advances new high prices were | Am Fiae & L% Int Mer Marine. . 1L 11 |especially significant of the demand o Youbeutn SaT tor. 35 ork were also more or lexs influenced by | ¥idlent move of unexpected propor- Etablishe Am Tee (7) i Int Mer Mar pf. 3 2 41% 41% | for investments of the highest grade. 3 96% o gulz;:vsln‘;:s lntf w;sm!-lfl ’d)munytprlq: The s “m’""v" “:'f l!jlwl l-«:ml';] Strenzth umerous specialties | o e S Y 3 96 ¢ T heTwhoat faritory anadbyjadvese e 5 was oiie b ken of the present market by pool | \T) Jnternatl. .. Int Pap pf st (6). 76 6 76 |day, the Treasury 4s and Treasury | manaas oo 1ess. . 20 105" 108 Atchinon gan 4s... 22 $2% 614 9% |Opening which ranged from 1 decline | 110, followed by sales Shpren AR O Int Ry Cent Am. % 23% 23% |4%s being relatively stronger than the Pnn-dks\“ 1939 102 Atlantic C Lecl 4s.. 10 89% to % advance, with May 1.59% to 1.60 her. he upturn at this terests to hid up their favorites.| 3% 103 : et : he buvins was orderly and still ap- | AT Linseed. ... ; Int Shoe (5).... 13 5 135 135 | Liberties. This, too, is significant, | onntGt 0%e A o | Atlantic C L 1st 4 93% 93 andiJury 1476 to1L48. 1Y ?:lrm\‘;f.;‘ e Dogun, min e % Chile 85 1926 S 103% y an irregular ascent to 1.62 for xt sale, of 2 : sl o % | Am Linsd pf 3% . : ared to be discriminating in Am Linsdipes (nt Tel & Tel (6} 91% 92 |inasmuch as the Treasury issues are y was made at 112, f g e Jn tavar e iz ax §atin | 3 i * 9% : as made at 112, followed in rz 2 TR 2 | Am Piano pf (7). , | Jones Bros Tea 6 16 16 | ties. 5 2 Chinese Gov Ry §s % 3 The chief factor was scarcity of offer- | DY 500 shares at 11 After call an Higher Rubber Big Factor. | Am Radiator (4) Jones & Lau (7). 113% 113% 2 y; " Christiania gs. . o L ings. After opening at % off to % up, | 2dditional sale of 100 shares made [Rubber and tire comp: will, of | Am Ry Exp (6).. 4 Jordan Mot (3). 46% ds% Frerich Bonds Strong. Con Pow Japan 7s. 7 BAOt; : July, 1.15 to 1.15%, corn rose to 1.16%, urse, be benefited by the great rise| Am Safty Rs (3) e £ 68 o1, | Kan City Soutn 34 84% | Of the forelgn bonds, French issues|(oPenhagen 53 0% | BEO P ¥ ‘ July. Interested brokers disclaim knowl cride rubber according to the | Am Ship & Com. yser (Julius). 25% 26% |attracted the most inferest. French |CUbaGis. .. o B&OThote Oats were firm, sympathizi i e any significance in today mount of raw material which they | Am Sm & Ref (6) 3 % Sor | Kelly-Spring. .. 18% 19 |Republic 8s got above 102 tosthe high- | £#¢¢ho 851951 : et : 2 other grain. Starting unc o attributing them only ave on hand. Where there has been | Am Stl Pdys (3). 49% B s | Kelly Spring 1st 56 66 [est point since the financkul crisis, | pZocho 3e1962cr. . 20 804 ¢ Bt B i o 3% higher, July, 44% to 44%, the mar- | aws of supply and demand. Out- 1ying for immediate needs only, the | Am Sucar...... 63 & Kelly-Spring pf. 52% 63% 62% B3 |which coincided with the change in|PAn!shMunicfs A ! = S ket continued upward Slde of market circles, however, some tuation may be hurt by the advance, | Am Sugar pf (7 % Kelsey Whi (6). 99% 99% |the government. Other French issues [ DANIsh Munic 85 B ‘ Canag North §%s. Provisions lacked support despite |Significadce is attached to the mov = there wil be a question of the | Am Sumatra. .. Kennecott (3).. 3 48% 49 [were moderately higher. There was|{°nmark 6s.. 4 Canad Pacdeb ds.. higher quotations on hogs. ment in view of the fact that Capital this increased cost to)Am Sumatrapf.. 5 - ' | Keystone T & R. g 2% , 2%|a brief advance in Belgian Tis, | enmark8s.... B “ar Clinch & O 6s. S & . Traction, the other main vehicle 1 iited States Rubber | Am T & Tel (9). Kinney G R (1).. 79 82 which, however, did not hold, and ZEIB‘éle'chlfifl. 57 b f_‘fl( of Ga 6s. o 3% May .. 1.5 Y 56 % ; |linked with rumors of a me ger of to be in an exceptionally | Am Tobac B (7). Kresge S-S (8) . . 875 8756 [among the South American bonds n””"fl’""' §3. 1510 & Central Pacific 4s. B9 % 4 8 5 [transportation facilities here, was B i s epuian e o mliGe A ToRes GECe) City"5¢ Montevideo 7s equated their | Dutch East I gs 47 3 Thes &0 ev 4ls. . ot marked down from 97%, its ini d the rise in the common stock [ Am WW&ZI 30c. 65 5" Lee Rub & Tire. 14% | pizh of the year. Dutch East I 63°62 4. Che<&Ogn 4% 9 9 9 M 3 5 5% {level today, to 953 on sales of 308 bove 47 and in the preferred around | Am W W pf (6). Lehizh Vai (3%) ‘ 78% | Sheculative and semi-speeulative | Bl Salvador 8s'48. Ches & Ocvhs.... 5 4 9 hares. This converse movement hints ir wis easy to understand. Kelly- | Am Woolen..... 377 1 2 B Ciggott & M(14). 62 g 62% | rails did much better than Mond: Finland s f 65 '45. 4 Chi & Alton 3s.... % | Sepiemper 5 5 trongly of accumulation attempts, it pringficld well above 19. Fisk [ Am Wool pt (7). Lig &My B (H4). 2 024 | Both ‘the income bonds and the re. | Finlands 7 ..... 91 Chi&Alton3a ] T b 2 MOAT : 5 is claimed. as heavily traded in up to 17. Ajax | Am Zinc. B . Lima Loco (4).. 3% | funding 5s of the Chicago, Terre Haute | Framerican 7%s.. 3 9 Re ek [ S & A1t s ¥imcicl s G (LT 4 | reittle Interest was attached to the it crossed 1413 was selling higher | Anaconda = ! 8% Loows Inc (2). N e T aeatorn tood wete Wery)| Prencha 33 91 9 hi B&Q gn 4858 91% 1% | September {remainder of the market han at any time either this vear or|Ann Arbor 5 L Eoft.....ovcon B 7% | strong. There was also some buying | French 7%s. . ¢ Chi B&Q Ist rfbs. § ! 2 | Security Trust Co. st | Ann Arborpf... 59 S S | Tong Bell A (1), 48U~ 487 48% 484 | o' (nFsi "paul fesues, apparently fore. | French 8. 3 214 101 CI&Q-IL 3%as ; | . , with N; Profits Taken in Motors. Armour Ir‘»l ;\:_2,\- . :mu:—glgfisg A l‘l’g“ casting early reorganization. g" E”‘;fl 50wi. 12 3 ‘r-;llfrr — B‘{.. 0 6 31 . Investment © i | Armour Del (1) “00se-W 2 X orER Db e o ' L 94% M Grenr Wen 1 e Motor shares ran into a lot of profit | ATMO8T Del (1) > e sq LoubSen i nsiaso s mebmes ey 152 2w enk CM & Puzet Sa 4 : 2 193 on sales of 90 shares kir particularly Willys-Ov nd | oD G 1st (6). Louisiana Ofl 18 Ak Tobe: Greek 7s..... C M & St P4s’25. ¥ y % | September 5 00N, ate Mitle Tndusoinos mmon as it again sold above 24. AseoD G2 (7). 3 Louts & Nsh (8). 112 112% | 42% Halti 6s. . g CMR&3tPaAb4an.. 25 e 23 s t stock was i ier hand, Willys Overlend 'Dres Inenc olligishy, : Ludlum (2)..... 36% New Issue All Sold. Holland-Amer 68 CM&StP g 458 7% 77 Juy 3 ? 17 5 [k nace o dustner 0L OVEr Pl AtT&SFe (D). B Rubber and tire issues were the | Hungary 6%. : 94 PM &8t Plovaly : Sontember 5 | - s e e l\.‘\'\;.,‘..}\'fi;.‘x‘?‘fgL AT&SFot (5). il (;istol))“ ’;:'m leaders of the industrials. Skelly Oil | Japanese 4s. E CM&SiDan g% it —_——————— | Land Bank Resources. o Continents Motors at “and just | AtLBirm & At $ 16 161% 162 | Mack Toe . 1343 | 6% were up a point. Sugar Co.|Japanese 6¥s.... 23 &Stlrtd%s. 154 48 | GRAIN AND PROVISIONS. resources g con a ) | Atlantic C L (7). 2 Maic TR 3 02w | bonds were steady. sergens U M 6 9¢ CM&StPevbs. $ 1 | = X TR i sorocks Lax B D et YlEsmae 02 ‘Amons the day+s new offerings the | Tvons 88..... ; ; dlomestves. . 03 | BALTIMORE, Md. May 12 | §3:368.001 on” Apr : B et ihe unfavorabis effects of the | ALCHIL& WL 5 Moy Hip Mo, o 49 |$15.000,000 Florida East Coast bs, | Marseille8s.. ... 2" | Chl &N W ot o i Vi oo, Do I oy 5 0026.00; | Liarris. president of the institution ity e cradie At mo in. | Atlantic Refin. .. i 5% | a1, fil &PC o i prices to vield 5.30 per cent, were | Mexico 45 '04 - 3 Chi &1 ref Bs. 9 b ey e Tatatose. | . stockholders #n a statement s Al e e | Attan Ref ot (D). ; N aquickly subscribed. Montevideo 78 9 Chi& NW 6igs... 116! | barrel, 3.00a6.00; new DOtaloes. |sued today. The surplus account of i o o | GIas PowAT () . 9 48 Man mag A5 s 288 104 oni Ry So;. EA Sl : peparagus, | dozen, | the bank amounts to § . with un uwhile e stor g Elev - Ny rds 68 '72. “hi R 2n 4s. : 4 1 2 ampes distributed prof Doint. St LouisSan Franciaco, | ALSS Task. .. - ; Man Shirt (%), TODAY'S SILVER RATES. ' | Netherlands e . e e . Paro0: bt SRR h sold at 77 Monday m».nmuml 3o a Manila Electrie. NEW YORK, May 12.—Bar silver, | Norway 6s 1984 .. 128 4 1004 {CHI TH & SE5a.. 81 QR 1.00a1.25; . bushel, 40a50: o 1 points. Some of the other low-| Eatawin L (.. B Maracatbo OIl. . : e Thar sllver. | Gorway 6s1932... 100% | Chi Un Sta 61gs. . 100, 4.0026.00; celer: | ed rails showed evidences of fresh | Ba1d Loco p (7 0. “ion | Market Street. 6 9 3 s Norway 8s.. d 10% 7 InA cn ¢a. 38 < cucumbers, hamper, £ { Deposits with 5 ol vine them Rock Island, | +al & Ohto (5) 9 : | Market St prior. = 5 W I514s'62 49' 9% | plants, crate, 1.50a3.00; lettuce, bushel. { with accou ble of $3 nsas Cit suthern, and Missouri, nal&ZhApf';:). 3 :;a;-fan‘:‘ n‘n(x..I i FOREIGN EXCHANGE. Oclent Davdsb Ss: C&StL 4% o 9 1.5022.00; peas; hamper, 2 00a3. - | Payments in course of collecton ansas & Texas, Fang & AT e Malin-Rock (1) 6 COCXStLGA. ... : o 50a4.50; e proximate while thef s Bang & (Quotations furnished by W.B. Hibbs & Co.) . % 103% | 200235 22.00: | PT h there | Oils Swing Upward. f:?fi.fi.’h',{'.’ {77 : ‘\::'r'v‘:r:mr’;;:‘;‘l()‘ woominl " Selling thecks | paris OFleans 19. - P 'f‘-fl(\f‘;?,},‘ rfésA. 10 | § , E :[;0511} more than $§51.000 accrued Fluctuations in the oil shares were | Barnesdall rts. . . Maxwell (B).... 9 London, pound $48005 $4.85% Peru8s... 5 9 ® I oleve'Torms%s. .. 5 6 ; ety riaEes and onliGioyern ain comparatively small, but in the | jayuk Cigar.... Sos | Maxwell (B) ctfs 86% Ty Folandiis 0 5 95 |C&Blstds'2g Potomac Joint Stock Land in the ft was toward higher | gethlehem Steel 39% 39 \ay Dept St (5. 106 Brussels, franc : Poland 8s 50 wi “ Colo & Sou 434s. .. 5 93 5 < 3 pite) A dbircxbiatelz jcex. Marland got nbove 41. Pa-| Booth Fisheries. 5% 5% 5% | Metro G Bt (1.89) . 2 Berlin, ark. b Porto Alegre 8s. : 1% | Cuba R R 58 “ ackes arrel, 3.50a8.00 W0 e N Sl fic Oil rallied a point. Other ofl | Reiggs Mfg(3%) s 3 | Vexican Seabd e lira. ] Prague T%s.....- 9 Sl Sl | ; 0" Box | $3:472,000, consis of £3.222.800 of cks, as a rule, were somewhat | gkl Edison (8).- | Miami Cop (1). Zurich. : 33 Queenslanc Ta. ... Derengy : o | gass’| Aoy loen Bon 00 of capi = Del & Hnd 51 3 : s Den & Rio G cn s, 7 < e, 4.0024.50. 1 Crooks Get $250,050,000. Eher. pkl-Man Tran. . AL " | Mid-Continent. . Madrid, peseta. ... .. Rio de Jan 85 194 Private dispatches from Tulsa | pkl-Man T pf (6 Aiadle States. .. Vienoa. crown.. || E Rio de Jan 85 1947. 984 | D & Rio G imp 58 8% § Selling Prices at Noon. i al business men, bankers and 100% | D & Rio G Wet 59 Wheat—No, 1 red Winter, spot. ex-| credit men > been supplied by the howed that the prices of gasoline and | k1 Unlon G (4). 5y | Midind Pr nf (8) Drdambet. cro Rio Gr Do Sul 8s... el oil t risen st week | Erow= Shoe (4 7 Arinn & St Louls. 4 Warsaw, zlot: o ";a'lll:gl-:{:;.- Sa0 Panlo S e - | 9g% | Det United 414s... 5 9 | port, no quotations: No. 2 red Win-|American stitute of Accou le 181 cons 4x.. 78 }eer spot. domestic, 1803%; No. red | With bulletin on d_that the dem refined | g'wick-B C(3.60) fis Kan & Tex. 5% 3 Copenhagen, crown 1e zen 4s. : €44 [ \Vinter, xarlicky, domestic, 1.50% s, de: the methods of e Rl man——xnn = oducts was very heavy o this | Buff R&P pf (6)- |9 o8 | MK&TDt )., 8 3 8 CInIp A o £ ‘.’:,“;5’,3: i uation was traced much of the buy- | Burns Bro (10).. Misscuri Pacifio. S s Serbe Crot Sl $ g in the oil shar and fitted in | Burns BrB (2).. rissouri Pac pf. 7 NEW YORK, 5 :f; ’;’ ot poNy criminals and business crook ith the recent fayerable picture of | Bush Term (5).. 3 Y ont Power (4). 83 31 eign hang y. Quotations ~"‘_°fl"‘ G"" = oy F R EeAWIntar, noguatations fleeci Americans out of $2 i conditions. The sale of | Eutte Cop (50c). & g 915 | Monteom Ward. 5 5 38 |00 R r Great | Swelen 85 sié Tl oniee; Nome. e 000,000 vearly. E soline to consumers is sidly | Butte & Su(30e) Moon Mot (3)... 5 2ritain, demand, 4.84%; s, 4. debles 1 4 4 “orn—Cob, new, yello ‘e v beatitants esciibe the il B itine, whie such compenies a5 Mother Lode T5¢ | 60-day bills on bank France;| U3 Elngm 518738 3 Trunk sf db 6s. 11 | nominal, per barrel: : AT e feneibe: e Jaree £ Fe 8 Caddo Central.. i oot o e el UA Kingm 5%s 37 198 ] Gr North 5%s.-. . u iR aighay al loss chargeable to credit frauc andard of New Jersey are buying | (2990 SehiTies Motor Wh1(T6C). gemdm‘:. .4“31-1‘:11 « s, 'n"fl'nl h;}l,\1 Ud Steam Copen 63 3 94'% | i+ North zen Ta 2 28 per |as “an unnecessary economic burden.’ ha storing huge quantities of crude P 3 Mullins Body..... emand, 4: cables, .0410%; Bel:| U 2 . 3r nis...3 S 1 2 amonnts to about $18.15 a fa d ‘refined products. When their | CaPere 0% ) ; Murray (2.40) 3 gium, demand, .0505%; Germany, de.| UrUSuays....... 20 189 Green B & W b B o 1en | 3 ; : i g ot Ve gl ppplies ru ow it is unlikely ey X & ] o - 0] lemand, . - 3 5 a BERL&EP 9 i3 4 -158 bt f pd 2 v ot pplies run 1 it is u th F:”"h;“"z,m i Nash Mot (411 . 20; Hol demand, "4016 MISCELLANEOUS. B S L Ak b r of credit Ic . made by the il buy high prices, for the prices | cayu'g Ariz (2. Nash of (1) demand, . weden, de-| am AgrChemb5s.. 1 101% 101% HUd Moy et v it = cood | CTedit men themselves. R il avontially bo lowar > Nas - .26 Denmark, demand, 7349 18 101 109% Hud & Man aj 5s.. Hay— Receipts. 56 Ou g00d|\ry oe stages in the progress! rude will eventually g Can Pacific (10). t Aeme (sta). bt d.| Am Agr Chem = D los Tt albver mivedd ges in the progression S s Bt | Case Thresh pf.. t Biscult (3).. Switzerland, = demand, .1935:! gm Chain sf 6s'33. 16 $9 8 8 |[IlCentral ref 4s.. a2 g2 |timothy and choice light clo Xed | orogit frauds are described—the mis = = Cent Leatl.er. . 3 Nat Cloak (4). e s 10% - OmeRce, e iar; Cottom Offoe. 6 419 94% 111 Central 5%s. .. « [ hay the market is fairly steady, there . hresentation by which credit is ob. The results of the Standard ‘Oil Co. T, = mand, .0185; Poland, demand. .19%:| Am Repubdeb 6s.. & 96% T C.C St LENO ta ' 100 - | being no oversupply of top-grade tim el i Gl lon DT ASeetE and B New Jersey fc ade a | S::ful:-ax‘{?;r(g). 8 J e ::: 2;:’;«22 . ! Czechosiovakia, demand, .0296: Jugo-| Am Smit & R 15t b5 B8 Tt R Tranbe. . 9 6 5% | othy or light mixed hay. Medium and | 75 CS e R e ble impr . Net income | SSREGFR L) (4 $7% | Jat D BE 1ot (1) slavia, demand, .0162; Austria, de-| am Smit& R 6s... 1084 Int Pap Tr 58 stpd. 47 4 6415 | low-grade hay is in ample supply z e - 00,000, s 0,000 in | ~pong Mot (3). - 4 % 25 Nat Distiliers mand, .000014; Rumania, demand.! sm Sug ref8s..... 12 102% 102 4rt Rap Tran 6s... 5 69 69 | movement of poor hay is very d: Chief Methods Used. Chesl N Hnio -48%: Argentina, demand, .3950; Bra- &Teltrd T4 97% 9%% | [nr Rap Tran 7s... 16 §7% |at_irregular values. 2 e statement of Standard of | G Ohio (4). ; 5% | ot Distillors pf § ! . e ats and. condi w York also made a highly satis ;:f;f;lmn” : i e 1, demand, .1020; Tokio, demand, .42; g 101 Int & 73 Nor 1st 6. 13 5 103% | Quotations today—No timothy, |, Se 1 facts, are the story showir Chi & Alton pf. 7 Nat Supply (3) . anghai, demand, .75 Montreal,| AmT& Tsf5s... 7% | Int & G Noraj fs.. 3 72 [18.50a19.00; No. 3 timothy 0a17.00: | form’ that accou ts find misrepre. Chi & East Iil... 5 3 Sha Goppers [ERamE AmT & T deb 5%s 3 3 | [owa Cent 15t 5s.. 3 1 61 |No. 1 light clover, mixed, 17.5 { sentation usually “ptzsinl Hupp Motor Accumulated. Shi.s TECINIDL Newnt U Gas (5 e - AmT& Toves.... 13 131% 131% 131% | iar ity Fr S 49 % 1 clover mixed, 17.00; No. 2 clover | forcation usually ta r Mt of Hupp Motor was influ-{ Shi & ot o By % 12 RSO 08 p “ | spicer pt¢8). ) ‘Am Water Wks b8 6 196 e r B te. E » 15.00216.00. | ! on S, xpectation of a favor- [ Sh GTERE T # NYCASIT. pt (6) 2 Std Gas & B1(3) 49% Ahaconds e ERi. 0 9 e st - ! NG T Wheats ; : : t net income for the six M1 & StP... NY NH & Hart. 3 3 Std G & El pf (4) 524 52 Anaconda cv db 7s 4| Kan Cy Term 4s. .. | % 50. wlodea onths ending July 31. Barnings in | Mil&SPpf. 8 7 NY Qe v St Calit (2).. 58% Andesaamisnpl : 17 e e 3 %t | timizht tve | i850a01 Sty S-St e i el T S R NS e halStonNT @ Armour & Co 1 e e s S et Sty i ot inals; mais s and depreciation, were over TE N 5 3 5 NY RvS Dg 2 St 01 N . Armour Del .. 92 T Y . & . { e s of vol siness im : R 1& P pf (1) Nort & West (1) 1294 g e Tax Bell Tel Paba.... 18 2 ? < b : er s standards. | rowed: persc wding under less than $10,000,000 outstanding. | opstpM&OPE(5) N A iy Stromberg (6. Balldal Fase Mannat Ky en & : = . ’ =iy Tt was rather active short cov- cpuiigs (12.40). .. 3 North Am pf (3) Stodsnaiacis). Beth Steei rf 58 G4ty 9415 | VATKet St Ry 78, i for a_while in Pittsburgh Coal | Shile cop (214) 4 : 52% | North Pac (5).-. Submarine Beth Steel s £ MR FIRy & Lbs.. Unchanged; receipts, 34,258 items; unde ement or < the result of trade opinion | coca-Cola (7). .. SunssorOn- Brier H St 18t %3 oM eesc Tistridn, : | omission of one or more of the class- lepression” in the industry | Goca-Cola pt ¢ VLS R bf"fl"‘::'oi“ @). FLTy B gentes . ALStP & SSM cn 5s @ E 2 e = les of liabilities: submission of incor- fd just about seen its worst Colo Fuel & Iron ¢ | OF i) Symin g o= ete 6145, 4 103 - . 1083 pet figur to net profits or as to Colo Southern Otls Elavator (8 Syminkton A (2) LE Ll T - 5 | ORDERS OVER 1,900 CARS. e oy = o i “en Leth 65'45 cfs. < T CLOSES STRON! 3 63 Otis Elev pf () lautogph 25c. Cen S| MK&T4=B..... 9 o s g < | ele and those who build a lin Tt |colG & %m S 4 g 5% | Otis Steel. ?:n.neliseOCOD Chile Copper 6s... 17 %] s At ke .. N N % | NEW YORK, May 12—Norfolk |€ ment ‘rf:.’-‘x‘h'»h h'“‘::q)‘\ v, \1"1& “Lln‘.‘«‘: s i o Otis Steel pf. ... Texas Co (3) ol Gas & E153.. .. ; WK&TnrinbsA 9 9445 9415 Gqu land Western has placed orders for | of credit e d ate pury gher Call Money Brings About | Col Carbon (4).. e e TexasCo ), e Titsita YK&Torlo 14 94 e e e | Com Soiv A (4). Sor 26 s Padifics Commonwth P6s. 4 100% | o pacine zen 49, 102 % 5% | to the American Car and Foundry Co. | Congol-Nrn (3). 7 -, | Bacific Coast. 5 Tex & PacC & O Con Coal Md 1st bs 15 2% 24 | aro Pac 5s 1926 and the balance to the Ralston Car Joins Local Bank Staff. NEW YORK, May 12 (: | e ¢| Pacific Mail.. .. g ~ o o Con G NY 5%s wi. 128 B e S + 'Rt 'yau | Manufacturing Co. The Pennsyl- | itive focces e tive in | Con Distributrs. ERCite ONYE) - 364 Tide Wat Ol (4) 6 Consumers Pow 52 13 \fo Pacific 6 3 1014 | vania Railroad is expected to issue dav's stock ket we 30 3 - P 7 6 85" 5% 5 ot e jEon=t o gl 3 | Pactard ot (. .vz ot ;L‘;“_‘:‘;,fif,(.';f 5 e 1008 i nEe el 501, | passenger ca { 5 Sahenl o ories and rubbers, being lifted | Gont Can (4) - 5% | Paige Mot (1.20) 18 Fean g ol - Cubes ‘Ar Surits 4 1074 | Yassau E Ry s S o s sas CEEE of the Takoma Park Dank. “Tie is new peak prices the ye e- | Cont Insur (6)-- Pan-Amer (6).. 6% oil. 5 Denver Gasbs.... 2 TR Bl iy = L outey Sy 1oL anc N rts of high earnings and rumors of | Sont Mot (80c) . 5% | Pan-Amer B (8) 775 iy Dery (D G) Ts. 2o [N OTex EMRLD 9% 159% 84| TWO DIVIDENDS COMING. fassume his new position on May 15, [vorable merger and dividend dev Corn Prod (2)... Pennock & Ford. . 24 Unton Of1 (1.30) 3 Det Edison 55 °40. toru| NOTAMEAs ‘ 11%| ‘W YORK. May 12.—Directors of |, MF, Davis for a number of veai i accelerated the demand “Ior llorunmielBiiGy. ESnneEme. 3% 43% ynion Ol % L e 107% | ¥ Y Centcn 4s'98. 9 85% 9314 |the Western Pacific Railroad Cor-|was connected with the Wab Dena R ok« il Bules abproRiaRiEd | vucibic i G §:::|5:‘é’af‘f;)‘ ”l': Un Pacific (10) .. 3 Bzfifitr‘éle?fi. 9501 N Y Cent deb 4s W 954 | poration will meet here- soon formally | M 'SHTE Tepartment until June e cail money vate to 4 per centcypCane Supf- R Az Utd Cigar (13%) & Duquesne Light 6s 5 105% | 33 Cont 18 o1 3%e 6 77| Qividend of 3313 per cent on the ¥ pLa T o P s U i sl al | CoBEDomInieAs e + United Drug (§) e nevis s INYC&StLdbds. 28 % 94% | combined common and preferred is| Banking Students Examined. al hour, but offerings were well ab- | Gace VT () Phillip Morrls. . 15 e s b Empire G&F T%s 103% | ¥ Eodves | 3 rbed. Baking issues spurted upward | Phillips Pet (2). 40% D EatE (10). Fisk Rubber 8s... 1g2 | YY Chl &St L 5%s 27 5% 96% |sues. Study courses of the local chapter, der the leadership of Loose Wiles | Davison Chem.. Plerce-Arrow. . 174 DiaE 22 YCR&tL6sSA... 5 103% e { American Institute of Banking, \vere 5 « = Del & Hud (9) . . o Utd Ry Inves pf. 67 Gen Refractres 6s. 1004% | New Hav d 45’57.. 11 E 58 = terminated last night with an exam d Ward Baking A e Plerce-Arrow pt 56 U S Cast Iron P. Goodiich 6%8. . 1054 | New Havcdbs... 47 £9% ROAD’S INCOME JUMPS. ination in the negotiable instruments Del L&WnD (7). - -, Detrolt Ed (8) . 1 e g 2 o U S Distributing 81 Goodyear 8s 1931 1094 | NY. Ont W istds.. & 6 63% | NEW YORK, May 12.—The Central |class, . Dodge Bros (A). 3 Plerce Petrol. .- 6% e ot GoadyeRpSs 1941, J204 | NY Ry rf 4s ctfs... 11 5 514 | Railroad of New Jersey e: On Thursday night the annual elec- Markets at a Glance | | podze Brospt Pitts Coal...... 4l% 45 41% B A% Hoe & Co 648 > 102 | N ¥ State Ry 4%s. 4 i €6%|a share on its X tion will be held, the polls being open Domie Mines (2). 13% Pitts Coal pt (6) 8 83 U S Realty (8). 143% Humble O&R & 101% | NY W & Bo1 4%s.. 6 €T% from 4 to 8 p.m., while at 9:30 the Doug Pectin (1). Pitts Term Coal. 3% U S Rubbe 1"“ 46% [ilinois Bell 1st 100% | Norfolk & W cv 6s. 34 12 29 129 [share in 1923. Net income jumped to |ejection results will be made known. . 5 | Dupont (10).. Pitts Ut pf $1.20 16% 15% U Rub st (. 007 80k 1llinols Steel 4148 95% | Northern Pac 3 25 614 186,187,840 from $§625,412 the year be-|In the interim the Riggs Bank Club New York—Stocks strong; dozen mo- 0 LA U S Smelting (3) 85 34 [ndiana Steel 55 103% | Northern Pac 4 9 5 H & g DuPont deb (6). Pitts Ut ctfs 1.20 14% 14% 14% n 5 Northe 5 |fore. Minstrels will entertain. s ssories at new highs. st Ve, 6% 88 U S Sm pf (33%). 46 45 Int Mer Marine 63 £9% | Northern Pac5s D 17 5% 851 ! firm; rails resume upward | Eastman (18)... Pitts & West Va. 675 67% U S Steel (11)+ .. 6% 115% Inter Paper 5847, 90% | Northern Pacr 1 6a 29 106% fovement. Foreign exchanges irregu- | Eaton Axle..... 1f Postum-Cer () 115 116 115 U 8 Steel pt (73 122 1225 I eAs2. 2 o sterling steady nes lower, | Elec Power ctfs. Press Steel Car. 4 b4 bk et lieg 20 294 e ptton lowe favorable ither. Su- Late Se = Ben G. Davis, disbursing officer of z |the American embassy at Havana, has Montri Tm 1st 68 974 €74 | Inquiries soon for a large mumber of | the American elbassy af flavand, ted was connected with the War Denar New Banl tafl Increased. PARIS BOUES;}“UN;TEADY. 109% | ore Short Liret 4 97% | Armando i Girolamo has been add- X . ¢ e 12 T ved ir-| cial staff of the New Cen- E1 P & Lt 40% pd Prod & Refiners. 24 26% 24 URiver P pf (1)~ % Ty a gl 102 | Ore-Wash iat rf 43 33 #3%| PARIS, May 12—Prices moved ir-ied to the official staff o r firm; higher spot market Siec P& Lt £ pd. PubS Gaspt(6). 98% 934 -93% Utah Securiti 120% 117 ",1‘,’65,‘:,',’;‘,‘.,, wg; Pevalyldan$iw. . i 100 | regularly on the Bourse today. Three |tral Savings Bank E At 3 Elec S 1) 63 PubSerNJ (5). To% 71 10% 5 g o2 e o8 . | per cent rentes, 44 francs 90 centimes.| The official opening will be held on R caslasibis = ;.‘,T,‘:..::::;‘x‘z:n:. PubSNJpf (8). 111 111 111 Vanadrum. 2% 27 Laclede G 5%3 3 ig:,”";i:::;: e :“‘ ‘;‘?' Exchange on London, 92 frarcs 85 |Friday of this week, the public and Chicago—Wheat firm; unf: Emmerson B pf. Pub S Elpf (7).. 108% 104% 104% Va-Caro Chem 4% 4% Liggett “é"'s' 973 | Pennsyl 53 64 973 | centimes. Five per cent loan, 54 francs | the local banking fraternity being cor- op reports. C e e R a-John (5). .- Pullman Co (8). 188% 188% 183 Va-Car Ch ctfs. . 1% 1% Lorillard (P) 5s % | pennsyl 6% 110% | 50 centimes. The dollar was quoted at | dially invited to attend. P T strong; lighter re-| B Punta Al Su (5). 40 40% 40 Va-Caro Ch pf 17% 17% 16% Lorillard (P)7 . 115 9 15 centimes. ipts. Cattle ste small demand. | Brle.-c.c e R S fave. 116 Lie 1s e & B bs 62 a73% ;.“n:;!qgloxl;l;l: e 5 \g;u 13 francEitD C e Bond Interest Due Friday. ogs higher; light receipts. Erie 1st p . 23 o e a Cop cv 7 119 | Pere Mr % S S Tiiteatataten Govarnme: iy 3 Eseex 1st of (7). Radio Corp of A. 56 676 2% Yiyatons ‘i Too 8 Magati Sug st 1%8 100% ge";“;”:}{‘s‘.“.’ 12‘7‘% PROPERTY CHANGE VOTED. be“éiui.‘?"fi,‘mn“:f‘m’f.\fi’ : o Ay Sairbanks Co. .. Ry Stl Spg (8).. 127% 127% 1274 25% 26% 26% Con 6%s, '40... 11 97% | Por R1. - 18 e Sih 0 T T e COFFEE PRICES BREAK | fairbankeco.-: b Ray ConsCop... 12 12 1% Wabash pfA(5). 65K 66% 66k e Btacl8s: 914 | Reading gen 4s o5 | NEW YORK. May 12—Stockhold- [mately §66.000.000 in interest on Fri JW YORK, May 12— Increased | Famous Pl (8).. Reading (4) 8% T9% 8% WabashpfB.... 46 46 46 Montana Pow b8.. 100 | Reading gen 4%s. 95 |ers of the Delaware & Hudson Co. to- | day, pavable on the 4 per cent second erings of coffee from Hrazil cansed | Famous pt (8).. Reading rts 18 18 18 Waldorf (1%).. 16% 16% 16% Mor's&Co 18" 4%3 83% | RIATK & L 4% 884 |day approved the segregation o the | Libetty Loan bonds and on the 43 B auiaation fn toda et | Fed Lt & T (113 Remington Type 65% 664 64% Ward Baking A 122 122 122 Nat Tube 18t 55 - 1024 | St LIM&S 43°29. shy [road’s anthracite coal holdings, au-jper cont Bios e broaking % of o cont to 1 cent] Feaeral Mines. . Remingtn 2d (8) 109% 109% 109% Ward Baking B. 44% 4d% 44 1004 94x |thorizing the board of managers to ; pound uly tflfllll‘ acts sold n‘en Fed Mines pf (7) Replogle Steel.. 15 15 14% Ward Bak pf (7) 99% 99% 99% 100% % tmns!er the property to a new cor-| e ‘g. 2 acte Bol o O itiniAveit6ao). Rep Ir & Steel.. 48% 43% 43% Weber (4)....-- 52 52 52 114% 92y, | poration, all the stock of which will SHORT-TERM SECURITIES s Fisher Body (8). Reynolda Sp (1). 12% 13% 12% 13 | west Pen (4)... 122% 122 1224 88% | St L& S F 6%s D. 9g3 |be owned by the railroad. Holders d T Fish Bd O pf (8) Rey TobB (3).. 75% 75% 1754 WestPenpf (7). 96 96 96 103 |StL&SFadj g1y | of 337,212 shares out of a total of | (Quotations furnished by Redmo; NEW YORK POULTRY Fisk Rubber.... Rey Tob pt (7). 12:2 |21"~ 1214 ‘West Elec pf (;) lfia ‘Hv/. 116% NY Tel 4%s. 97% | st L&SF inc 8% :‘zsAoao voted in favor of the segrega- e s t (2)... Rossia Insrts. .. P % 4% West Maryland. 14 R 41, 108 |StL&SFplésC.. 12 103 on. Adirond. Pw. & L C. 8s 19 4 INEW YORK, May 12.—Live poul- f::f.:‘h:;“:n I Roy Duth 4.42% 49% b50% 49% West Md 2d p;.. ig\c 20% 204" §¥§:: :'. 49, 109% | St LS W con 48°32 T 59: — - .:l-fxm;':;‘\. o1 Amer. 3 v, irregular; v _fregiht, 20;!p, Pacific. 4% 4 10; & KCShL 4%s 84 B o Tl Ga vilers " g6ads; fowle, by | ooy rastas Stjosephld @) 48 484 474 Went Tnion (1) 131% 181% 150% N 108" | San A o i) HOOE SUNINGADVENCE & e e = T StL&SanF () 784 81% 78% Westinghse (4). 71% 71k 71 Nor Ohio T&L 96 X 10 81 CHICAGO, May 12 (Special).—Hogs | Anglo-Amer, Oll 73 | GardnecMotor. . ST L L Weston A (2)... 22% 22% 224 ates Pow b 98 g 71 |continued their advance toward $14 |Assaciated Oil 0s' 1035, - Gen Asphalt. ... St L Southwest. 49 49% 48% Wheel & L Erfe. ‘14 144 14 Nor St Hiudrs Baltimore & Ohi Gen Baking (3). StLSwnpf (5). 724 724 1724 WheelGLEDE. 21% 214 27 Nor States - L5 = 1085 L 52 |today, touching $13.35 tor choice et | B, S0 10 e 95 [Seab'd A L con 3 94y | butchers, nearly a hundred above | Central of Georgia 6s ] Gen Cigar (8).. . Savage Arm: 63% 64 614 4 2) 2 Otis Steel T%S. JEAR (BONDS AND STOCKS, | 0o eieaeric (i) | Sehulte (*8).... 110% 111% 110% e . o o6 oes ottntastas 99% | Sou Pacific 48’29, 971 |2 week ago. Cattle turned strong,Chi. Mil & St P. 0s 1934 (Quoted in dollars per million marks.) Gen Ei spl (60¢). | Schulte pf (8)... 111% 111% 111% Wickwire Spen.. % £ Pacific Gas & El b3 915 | Sou Pacificclt 4s #64 | too. b B L& ke Win) 5x 1014°18 0™ 0 ¢ gt P ot 18 135200 130280 | Gen Motors (6). Seavoard AirL. 3% 3% 83w v a0h 2 ot Pacte T 1st b Gt 4-58 (forced loan Gen Mot pf (7). Seabd AIrLDf.. 45% 46% 434 Willys-Od pf (7) 99% 102% 991 Pac T & T b8°52 T i 2 lare Pt thot ; Gen Petrol (2).. Seara-Roebk (6 170 170% 168% e ah. - Bk ..0%. Pan-Amer Pete 65. : 3 Gen Refrac (2). Shattuck FG (2). 49% 49% 49% wilson&Copf.. 28 23 28 Pan-Amer Pete Gimbel Bros.... Shell Un (1.40).. 24% 25 24% ‘Woolworth (3).. 123% 124% 128% People’s Gas Ginter Co (1%). Shell Un pf (6).. 101% 101% 101% Worthington. - .. 41% 42% 414 Phila Co 6%s Glidden Co. Simmons Co (2). 85% 86% 26% wright Aero (1) 22 22y 215 Prila Coref 65 A.. Goodrich....... Simms Pet (1).. 23 23% 22% Wrigley (1314). 49K 49% 49y Plerce-Arrow 8s.. ¥l Geolitin we ) Smctmp. 100 iew Yellow Cab (35¢) 85% 354 384 Producers & Rfss. pre-war. . 90 Goodyear p! ¥ elly Oil. . % ungstown (4) 65 65! Public Service B a s pro 980 00 | Gayear prior (8) Sloss-Sheft (6).. 84% 8¢% 84w P i Pub Serv Elec 6 R il ARy Grt North pf (6) slnas-SPh! p(f"('l). l:a\fi :su 93% *0dd lots. Reming Arms 6s. ! = p Gt Nor Ore (1).. South Pac .. 10215 102% 102% Partly extra. $Payable in preferred _ s oo Privas Bk Grt Wetn Su (5). Southern Ry (8) 92 924 91% e e ek ey em Do taered stopx, 86% | Un Pac 1st rf 5 106% | Western Md 45, 66K s6y | St & Co Be 1032 o conto Gellschalt ... Gulf Mo & Nor... South Ry pf (5). 87 87 87 are the aunual cash payments based on the 91% | Union Paccv 6s. .. 103% | Western Pacific 94% 94% | Union Pac. R. R. C. 45 19 dner Bank....... latest quarterly or half-yearly deciarations, 00% | Virginia Ry 1st 10014 | West Shore 1st 4 83% 834 | Union Tank Car 7 GuM & N pf(6). Spaulding pf (7) 99 99 99 Unless otherwise noted. extra ar 100% t 0014 U. S. Rubber 7%s 193 Gulf St Steel (8) Spicer Mfg..... 20 20 18% @ividends are not included. i 8% | VaRy & P 18 97% | Wheel & LEcnds. 9 78% 76 76 | fier Union 8%s ! Whel&LEf4%s 5 72 ~72 ~ 72-yeq = 52355 fic ref 4s..121 Columb. G. & 1st 5s 19 101% et oL i G. & E. s 1927. Southern Ry &n 4: Torg Continental 6. & .| g 135% | Southern Ry 1at 6a Py CALL MONEY HIGHER. et e 106 |Southérn Ry 6a cf 106 | NEW YORK, May 12.—Call money | Federated Metals 75 1 98 | Southern Ry 648 1104 | firmer; high, 4; low, 3%; ruling rate, Goodsear T & R 83 1 Term Asso St L 4s. 4% [ 3%; closing bid, 3%; offered at 4; last | G0t i Corp. Pa. 63 1§ ,:f-,‘: Texas & Pac 18t 58 1021 1995 | omn, 3% call loans against accept- |Socking Val R R 3 = ble Oil 5Y%s 19: + 1 Third Ave ref 4 66 |ances, 3; time loans, steady; mixed |Hum! ol 130y | Third Ave a3 5 87% | collateral, 60-90 days, 3%; 4-6 months, | KehiEh Povg Se¢ % I8, 1957 987 | TOl St L& W 4s 86 [3%a4; prime commercial paper, 3%a4. | Mimg & Co. 734n 1090, 105 | Union Pac 1st 4 94y Orekon “Shart Line 4x 1 90 | Union Paclstrt 89 | Wabash 1st 5s 2101 101 101 ) R. k. 78 1930.. 108 | Union Pac 4s'27.% 99% | Washash 5%4s, 95% 95% 96% ® Sun amniBurleRvalaans Se BERS 223255 $222252323583232232 » 2 55555005! N aBns e -1 2523523835533 B8 BRGSO BIBBILS S FELRESEFEE ~ @ dter . ‘Bank - Vienn: