Evening Star Newspaper, May 20, 1925, Page 28

28 * w BY STUART 1 1 Dispatch to The V' YORK. May records were establi in the active tradi Exch: and the after another of high d specialty the d Sped N hizh today Stock one dustrial L which has by market there contint were numerous FINANCIAL. OIL SHARES BIDUP INFIVAL TRADING Market Closes Strong After Day of Many New High Marks for Year. Mar shed ng up h-pri fa new i on the dding edin vorites, 1y rule in the recent At the same time advances “w some of the more speculative and sea- soned industrials of the type of Amer. S the and the rtment Motors Hit New Motor shares were the buying ¥ red and Maxwell red their former heavily di points, timentally by tke Pont, ch nearly 12 d as recently @ day stock wi rket by those who ise had been pretty me down sharply 1 in Moto hig in sensati at 1 the tel one points above where Tuesday thrown on the t that rapid, and du railws mai store issue: ) - « onal tin equip 1 order minent v pre B both reneral 1 gain fluenced sen- Jump e wus Later the shares were responsive to the ngly egarding the steel midweek reviews empl the signs of improvem on, and Sloss-Sheffield, forward on the | further advance ent whic U. favorable tone in reports industry. ized especial- The in ch pig had d 119 for the first time in 1 e months. 50-¢ lled independ. 1 shares were generally higher Smelt American Sn something stockholders, was bid nd later 101 actio rted copper and Ces the afte The public ut ed remarkable featy further 10-point jump in ities to 150. Inasmuch slution plan calls for $10 i © shar Power ble v up to West logic it move ot ures us in Ameri Market There rucks and weakn Marine more de ine situ selli still in store for up @ ani ticipat- par trans 1 Utah Se- as the d n cas rewly created Elec- n sl it ¢ mn Close. in 1ess elo) ion whic] nd nade : hia rossed had quite a jump wccompaniment of the Water Mack in In- pre- ped in 10 ex hwas to the prospects of a for high disappointing report Stocks reached their 1 . il hour n h had done ceding days of the same time continuing in the motors, in the publ the railw equipment shs variety speciaitie “There a sion about the actior Steel common he present movement ding of leading ooked improved zenerally, orabl created a not deal ot n with better impression the 1924 ) pr It w mu we vige ares as the seen < in the steels, coppers and h tilities, and a of United S to high The for upb the more ) news from the steel centers, MARKET CLOSES STRONG. Total Sales N in D Two W of sterling to- within one-half ce another toduy di ing in stocks dened ¢ influenced by res The closi were bid up on the announcement of in_Pennsyl crude pric votts of high current principal produc panies. ain to 14 ment Stores Columbia vesterday's wis strong., points Otis s and Ma s Upswing. 0il e rnings by ind refining ¢ Utuh Securities extended its ay L illion Shares ' on Abitibl Pow (4). Adams Exp (6) Adv Rumley. Ad Rumley pf (3. Ahumada Ld (1) Alr Reduct (4).. { AJax Rubber. Allfed Chem (4). All's Chalm (6). Allis Chlm pf (1) Am Agricul Chm | Am Ag Chm pf. . | Am Beet S pt (6) Am Brk Shoe (5) Am B Shoe pf (7 Am Can (7). mC&Fdy (n). Am Chain A (2). Am Chicle. Am Chicle ctfs. Am Drug (80c). Am Express (6). Am & For Pow. . |Am & Fr P ot (1) Am Hide & Lea. Am Hide & L pt. Am Ice (7). Am Tcepf (6). Am Internatl. | Am La Fran (1. Am Lineeed. Am Metal (3)... Am Radiator-(4) Am Safty Rz (3) Am Ship & Com. Am Sm & Ref (8} AmS&Rpf (7). Am Stl Fays (3). Am Sug: E Am Sumatra Am T & Tel (9) Am Tobacco (7). Am Tobac B (7). Am Typ Fdrs (1) Am WW&EI 30c Am W W pf (6). Am W W ist (7). Am Woolen..... Am Wool pf (7). Am Zinc. . Am Zinc pf. Anaconda (3 Ann Arbor. . Ann Arbor pt. Archer-Daniels. Armour 111 A(2). Armour Del (7). Arn Cons & Co.. Artloom Corpn. . Asso O11 (1%) AtT &S Fe (7). AT&SFpt (5). Atl Birm & At. .. AtlanticCL (1) AtGuit& WI... At Gulf & WIpt. Atlantic Refin Atlas Tack. { Austin-Nichol Ealdwin L (D) .. | Eal & Onio (B) .. | Bal & Oh pE (4)- Bang & Ar pr (7) varnsdall A... Barnesdall rts | Barnsdall B | Beech Nut ( | Bethlehem Steel | Briggs Mfg (3%, Bkl Edison (8). BXl-Man Tran. - Bkl-Man T pf (8 Bkl Union G (4). Brow= Shoe (4. B'wick-B C(3.60) Burns Bro (10). Rurns Br B (2) Burns Brpf (). | Bur Add Ma (3. Bush de (7). tutte Cop (50cr. Butte & su_u. c Butterick Co ... 1 Packing (6). 1 Peve (1%).. | Calif Petpt (). | Callahan Zinc | Calu & Ariz (2). Calumet & H 50¢ Can Pacitic (10). Case Threshing. Case Thresh pf.. Cent Leather... Cent Leather pf. | Century Rib (2). i Cero d Fasco (4) Certain-Teed. .. | Certain-T 2d (D) | Chand Mot (3)... Chi & Alton. Chi & Alton pf.. | Ches & Ohlo £4). | Ches &0 pr(6%) | Chi & Est 111 pr. | ChiGreat West. | Chi Gr West pt. | Chi Mil & St P. ' Chi Mil & SP pf. | Chi & Nwn (4).. | cni & Nw ot " CniPneuT (5).. | Chi RI& Pac. .. *lCR1& P DL (6). | ChStPM&ODL(5) ;| Childs (12.40)... <kly in the late t the Dep el preferred 1 1o 6 points ahove tinal quotations Markets at a Glance e A YORK Public utilities aBonds higher: rail issu Hbertys at new top. “loreign _exchans within half cent of par. Cotton irregt distan g fe offee firm; better HICAGO.—Wheat Stocks, it new high! firm den 5 RATES ON LONDON, May 20 pence per ounce. cent. Discount v three-month bills, IW YORK Mexican dol Money tes May 20 llars, 51%. firm es n; ing .4 strong; dozen active: terling near. months high- spot demand. bullish, larger country offerings. nd more active buy’ choice BAR ‘SILVER. Bar silver, 3114 per short bills and 4%5a4 1116 per cent. -Bar silver, ZINC COMPANY EXPANDS. NEW YORK, M ) (#).—Direc- tors of the Callahan Zinc-Lead Co. have ratified the pur Idaho Mining Co. ). properties. pany’s Galena property. hase of the and Argentine Min- djoining the com- v PUBLIC BUYS ODD LOTS. NEW YORK, May age houses report increa interest in the stock marl is reflected in more ed ket, Vallace 20 (#).—Broker- public which numerous odd- lot orders and shipments of stocks to interior points, GEBMAk_BbiQ’DS AND STOCKS. (Quoted in dollars per million marks) id. Hamburg 458 1014 Ger Gt 4-5s (forced inj “15. 00 200 00 (Quoted_in dollars per thousand Ger Gen El 4%38 pre-war Ger Gen Elec 41 1919 Berlin 48 pre-war. ... Ham 3s, 3%= & is pre-w Hambg ' Amer Line 4138 North German Lioyd 4128 orth German ~Lioyd." . Prussiap Consols 31 Krupp ‘5 1921. .. Dusgeld Bajeche *ARilin Radlecs. (Ger Gen Elec) (Commerz and Privat Bank Disconto Gellschaft . Dresdner Bank 00 Asked. 37! | Chile Cop (2%)- Chino Copper. .. CCC&StL(B). Coca-Cola (T)... Colo Fuel & Iron Colo Southern. .. Col G & E (2.60). Col G & E pf (1) Col Carbon (#.. Com Solv A (4).. Congol-Nrn (3). Consol Cigar. Con Listributrs Consol Gas (5).. Consol Textile.. Cont Can (4) . Cont Mot (80c).. rn Prod (2) Crucible Stl (4). Crucible pf (7). Cub Am Sug (31. Cuban Am pf (7) | Cuban Cane Sug Cup Cane Su pt.. Cuba Dominican Cudahay ctfs. ... Cuyamel Fr (4). Davison Chem. . Del & Hud (9).. Del L&Wn (17). Detroit Ed (8).. Dodge Bros (A). Dodge Bros pf Dome Mines (2). Doug Pectin (1). Dul S S & Atlan. Dul S8 & Atl pf. Dupoat (10).... Eastman (18) Eaton Axle. ... Elec Power ctfs. El P & Lt 40% pd Elec P & Lt f pd. Elec Str Bat (4) End-John (5) Erie Erte 18t pf. Exchange B (1). Famous Pl (8).. Famous pf (8).. Fed L&T (*1.40). Federal Mines. .. Fed Mines pf () Fid Phoenlx (6). Fisher Body (5). Fisk Rubber. Fisk R 1st (1) Flelschmann (4) Foundation(8). .. Freeport Texas. . Gardner Motor.. Gen Am Tnk (3) Gen Asphalt. ... Gen Asph pf (5). Gen Cigar (8)... Gen Electric (8) Gen El spl (600). Gen Motors (6). Gon Mot pf (D). Gen Petrol (2).. Gimbel Bros. Ginter Co (1%). Glidden Co- Gold Dust. Goodrich. . Goodyear pf (1) Gayear prior (8) Granby Consol... Grt North pf (8). Gt Nor Ore (1).. Greene Canan. .. Guantanamo. Open. High 67% 91% 18 B8 1l 104% 13% 90 30 106% 67% 91te 18 59% 11% 104% 18% 90% 80% 107 18% 514 8314 225 106 113% 193% 108% 210 54> 52% 6% 139% 38 89% 11 73 108% 8319 THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Low. Close. ¢ 67% 91% 18 BE% 11% 103% 13% 897 79% 108% 18% F0% 834 A1% 106 1134% 190% Open. High. 31% 31% 97 97 (84 86% “30 4 380 121 134 384 88% 104 104% 7 71 1 45% 46k 36 864 694 7044 81k 31y 53 53% 18% 18% 1121 112% 29 29% 17 41% 109 24% 20% 11% 126% 647 40% 114% Gulf Mo & Nor. Gu M & N pf(6). Gulf St Steel (5) Hartman (2%).. Havana Elec (6) Hayes Wheel (3) Hays W pf (7%) Helm (¢ Hom House'd Prod (3) Houston O11. Hudson Mn (Z4) | Hudson Mot (3). Hupp Mot (1)... Illinots Cent (7). Independ Oil (1) Indian Motorcy. Inland Stl (2%) Inland Stl pf (7) Inspiration Cop. Interb Rap Tr... Internat Agri. .. Int Bus Mac (8). Int Cement (4) Int Com Eng (2). Internat Har (5) Inter Har pf (7). Int Mer Marine. . Int Mer Mar pf Int Nickel. Int Paper... Int Pap pf st (6). Int Tel & Tel (6) Intertype (11%). Jewel Tea. . Jones Bros T\ Jordan Mot (3). Kan City South Kan C So pf (4). Kayser (Jullus). Kelly-Spring. Kennecott (3) Keystone T & R. Kinney G R (1).. Kresge Dep Str. Lee Rub & Tire. Lehigh Val (3%) Liggett & M(14). Lig & My B (14). Lig & My pf (7). Lima Loco (4). Loews Inc (2)... 17 40 109 24 20% 113 1255 64% 404 110 1u7 9% 89 | Loose-Wiles. . Lorrillard (3)... Loulsiana Ofl Louis & Nsh (i | Ludium (2).. | McCro B (1.60) | Mackay (7) Mack Treks Macy HR & Co.. Magma Copper. . Mallinson & Co.. Man Elev gtd. Man Emd g (5). Man Shirt (1%). Manila Electric. Maracaibo Oil. .. Market St prior. arland O (T5c) | Malin-Rock (1) Martin-Pry (4). Mathieson Alka. Maxwell (A). ... | Maxwell (A) ctfs Maxwell (B).... | Maxwell (B ctfs May Dept St (6). Metro G pf (1.89) | Metro Ed pf (7). | Maxican Seabd. . | Miami Cop (1) | Mid-Continent. . Mid-Cont pf (T) Middle States. .. Midind Pr pf (8). Minn & St Louls. Mis Kan & Tex M K & T pt (5) Missouri Paciflo. | Missourt Pac pf. Mont Power (4). Montgom Ward. Moon Mot (3).. Mother Lode 750 Motor Wh1(76c). | Mullins Body. .. Munsingwr (3).. Murray (2.40)... h Mot ($11).. ash of (7)... Nat Biscuit (3).. | Nat Cloak (4). Nat Dairy (3). at Dpt Stores, at Distilie at Distillers pf. at Enamel & S. | Nat Lead (8) at Ry Mex 24 Nat Suj ply (3). Nevada Copper. NYAIrBr (4).. Y Canners (2) Y Central (7). YC&StL pf (6). Y NH & Hart. . Y On & Wn (1) NY Rvs part ctfs Y ipbld (2 Y State Rys. .. iagar Fpf1%. Norf & West (7) North Am (3.40) North Am pf (3). North Pac (5)... Ontario Mining. Orpheum (1.80). Otis Elevator (6) Otis Steel. . Otis Steel pf. Owens Bot (3) Pacific Gas (8) Pacific Mail. ... Pacific O11 (2) . Packard (11%). Packard pf (7). Palge Mot (1.20) Pan-Amer (6).. Pan-Amer B (8) Park & Tilford. Pennock & Ford. Pennsy R R (3). Penn Seab Steel. Peoples Gas (8). Peoria & Fast. .. Pere Marq (4).. Pere M prior (5) Phia Co (4). Phia Co pf (3 Phila& RC&I. Phillip Morris Phillips Pet (2). Plerce-Arrow. .. Plerce-Arrow pt Pierce-A prior 8 Plerce Oll. .. Pierce Petrol. *Pitts,Ft.Way (7) Pitts Term Coal. Pitts Ut pf t1.20. | Pitts Ut ctfs 1.20 | Pitts & West Va. Postum-Cer (4). | Press Steel Car. Prod & Refiners. Pro & R pf (3%) Rub Ser NJ (5). Pub S NJ pf (8). Pub S Gas pf(6). Pullman Co (8). Punta Al Su (5). Pure Ol (1%).. Radlo Corp of A. Radio C pf (3%) Ry Stl Spg (8).. Rand Mines 1.79. Ray Cons Cap. Reading (4). Reading rts..... Reading 1st (2). Robert Reis..... Rels Robt 1st pf. Remington Type Remingtn 2d (8) Replogle Steel Rep Ir & Steel. Reynolds Sp (1). Rey Tob B (3).. Roy Duth 4.42% Rutland pf.. St Joseph Ld (2) StL & San F (6) StL SanF pf (6). St L SoutLwest. StLSwr pf (5). Savage Arms. Schulte (*8). Seaboard Alr L. Seabd AlIr L pf.. Seagrave Corpn. Sears-Roebk (6) 168% Shattuck-Ariz.. 6% Shattuck FG (2). §5% Shell Un (1.40).. 24% Shell Un pf (6).. 101% 861 48% 1% 634 u1 36% 46% 14% 174 6% 56% 24% 101% Low. CI 31% 97 84 29% 121 574 128 37 12% 79% 19% 39 1% 69% 64% 1% 14% 48 18% % 51% 54 b1% 82% 84y 48 71 624 109% 34% 45% 14% 168% 6% 65 24% 101% MAY 20, 1925. FINANC IAL. RAILROADBONDS | [Coxmewvonx_ BONDS moexexemavce] | WHEAT IS HIGHER | BOND MEN PLAN Received by Private Wire Direct to The Star Office. Tose. 81% 97 84% 207 134 MARKET LEADERS Freight Traffic Records Help Trading—Liberty Loans at New 1925 Peaks. BY GEORGE T. Special Dispatch to The Star. NEW YORK, May 20.—United States Government securities were ver ive in ‘the bond market today around top figures. The fourth 414s Liberty, in fact, made a new high. This was taken # confirmation of opinion that money would continue easy for some time to come. As such it stimu- lated the bond list generally. Foreign Bonds Steady. eign bonds held their recent and their action suggested & y investment demand around current pric but a demand which was not in a hurry raise its bid any further. The French 7s were quoted a trifle above 92, the Tlis just under par and the 8s in a half point range from 103 to 10; The United Kingdom issues as usual sympathized with the movement of ing change into new high ground. Traction bonds were again in de mand. There was inc ed activity in Hudson and Manhattan refunding 5s at a half point advance. HUGHES. Railroad Issues Gain. Seaboard issues were very busy once more, especially the ay's close 3 L Terre Haute and Southeastern s, and also the income bonds, kept on with the upward move ent wh eding adjust- ssues went along moderate- their respective stocks were bid The Anaconda and the Chile s were favored. Standard and Electric. 6 which are convertible into the common stock, naturally moved along as the latter reached new high figure New Offerings. The largest new offering t 500,000 Cosgrove-Meehan poration close mortgages 61 priced at 971 and Interes over 6.70 per cent. Bankers fered an fssue of $1,250,000 Tunnel District City and per cent per cent. St. Paul issues were conspicuous in the late afternoon with an advance of e than a point in the first of 1925. Itimore and Ohio and Cincinnati Division 4s had a remarkable jump from 76 to 80. PENNSYLVANIA CRUDE OIL PRICES ARE ADVANCED ba: 1 on various pr vania crude ol w principal purchasing ¢ was 1 Cor- bonds vield 50 of- Moffat County ¢ bonds priced to to to 23c res of Pennsyl- announced by the agencies today. VOTE FORV OPEN éHOPS. STON, May 20 (Speci. two nting and decorating firms have announced they will maint open shops and are offering inexperi- enced painters $1.10 an hour. The unions 00 painters are out. BC all.—Twenty- Simmens Co (2)7 874 384 mmons pf (7). 103 103 Simms Pet (1).. 23% 24% | Sinctair on1. 19% 204 Skelly Ofl. 26 264 Sloss-Sheft (6).. 83 89% Sloss-Shf pf (7). 83% South Pac (6) ... 102 Southern Ry (6) 91 South Ry pf (6). 85% Spear & Co. 2233 Spear & Co pf 92 Spicer Mfg. 225 Spicer pf (8).... 105% Std Gas & 544 Std G & L1pf (4) B3 St Oil Callt (2).. B8% StOUNJT (1)... 44% tOilN J pf (7). 118 Sterling Prod (4) 64% | Stern Bro pf (8). 1157 tew Warnr (5). 69 Stro- berg (6).. 74 St aker (4). 45 Submarine Boat. 8% Supertor Ol an Symington. 17 Symington A (2 Telautogph 25c.. Tennessee Cop. . Texas Co (3).... Texas Gult (7). Tex & Pacific. .. Tex & PacC & O Third Avenue. .. Tide Wat Oil (4) Timken R B (14) Tobac Prod (8, Tobe Prd A (7). Transcont Oil Twin City (4)... Underwood (3. Un Bag & Paper. Unton Oil (1.20). Un Pacific (10).. Un Pacific pf (4) Un Tank Car (5) Un Tk Car pf (7) Utd Alloy Steel. Utd Cigar (13%) United Drug (6) Utd Drug 1st 3% Utd Fruit (10).. Utd Paperboard. Utd Ry Invest. . Utd Ry Inves pf. 1 S Distributing Distr pf (7). Hoft (2) Ind Alco Ind AlDf (7) Realty (8).. Rubber. ... Rub 1st (8).. | US Smelting (3) USSmpt (3%). U S Steel (17)... U 8 Steel pf (7). Unlversal Pipe.. Univer P pf (7). Utah Copper (4) Utah Securities. Vanadrum. ..... Va-Caro Chem. . Va Ry & Power. VIVEdoU. «.eeees qecaceac s s 8 s s s s Wabash pf A(5). wabashpf B.... ‘Waldorf (1%).. Ward Baking A. Ward Baking B. West Pen (4)... ‘West Pen pf (7). West Elec pf (7) ‘West Maryland. West Md 2d pt.. ‘Western Pacific. West Pac pf (6). ‘West Union (7). Westinghse (4). Wheel & L Erie. Wheel & L E pf. ‘White Eagle (2) White Mot (4).. Wickwire ctfs. . Willys-Overld. . Willys-0d pf (7) wilson & Co. wilson & Co pf. Woolworth (3). Worthington. Wright Aero (1) wrigley (1314) . *0ad lots. {Partly extra. tPayable In pre Ditidend rates as given In" the are the annual cash payments based on Iatest quarter! Unless _otherw; gividends are mot 103% 6% 21 125% 40 20% 49% ferred stock. above table the o, half-yearly declarations. . extra = .e or - apecial 80 50 1 i | i UNITED STATES BONDS. (Sales are in $1,000.) Sales. High. Low Lib3%s.... 61 1012 10081 Lib 1st 4%s 58 10212 1027 Lib 2d 4%s. 171 101 14 101 11 Lib3d 4%s. 291 101 50 101 28 Lib 4 4%s..1802 10222 102 16 US4s1944. 290 102 14 1027 US4%s 64 10612 1069 FOREIGN, Sales. High. Low. Closs. 87 874 99'% 96% 9634 102% Close. 101 2 102 11 10 101 29 102; 102 14 106 Argentine 5s Argentine A Argentine 6s B. Argentine 78 Austria Ts Eank of Japan 6s. Belgium 6s Belgium 6% w1.. Belgium T%s Belgium 8s Berne 8s. Bollivia 8 Bordeaux 6 Brazil T Brazil 8s.... Canada 64 1926. Canada 5s 1952.... Canada 5%s 1929. . Chils 78 1948 Chile 8s 1926 Chile 85 1941 Chile 8= 1946 - Chinese Gov Ry §3 Christiania 6s ... “on Pow Japan Ts Copenhagen 5% Cuba 5%s Czecho §s 1 . Czecho 881952 ct. Danish Munic fs A Danish Munic 8s B Danmark 6s. . Denmarik 8. DE[5%sMch 53, 7 DE15%a Nov '53. Dutch East I 6 7 Dutch East 1 62762 F1 Salvador 83 48. Finland s f 6s'45.. | Finlands 7s . 16 Framerican T%s.. 6 #rench 7 237 French 7% French fs.. @er E16 German Ti Ger Gen Elez Greek Ts. Haltl s, ..... Holland-Amer 6 Hungary 6% Japanese 4n. Japanese 6% sergens U M 6347 Lyons 6s. Marsellle Mexico 4s '04 asnt 150 17 41 13 12 | Mexico 4510 asntd Mexico 5 assented Montevideo 7s. ... Netherlands 6s 54 Netherlands 6s "72 Norway 6% 1943. Norway 6s1944. .. Norway 6s 1952. .. Norway fs. B Orlent Dev deb 6s. Paris-Ly's-MeJ 6s Paris-Ly's-Med Ts Paris Orlea Ts.. Peru 8s. Poland 63’40 Poland 8s ‘50 wi.. Prague T%s. . Queensland 6s. ... Queenrsland 7s. .. Rio de Jan 8s 1946, Rio de Jan 88 1947. Rio Gr Do Sul 8s.. 10 Paulo City 8s. ao Panlo State 8e S Paulo St 83 w Seine Dept of Ts Serbs Crot Slo Soissons 6s..... Sweden 5%s ct. Sweden 6s. .. . Swies 5148 1946... 1@104% Swiss Confed 83 114% Ud Kingm 5%s°28 809 1184 Ud Kingm 6% 52107 Zurich 8s..... . 2 109% 109% MISCELLANEOUS. Am AgrChem ° 102t 101t Am Agr Chem Ti4s 20 101% 101'a Am Chainsf6s’33. 12 93 97% Am Repub deb 6s. . Am Smit & R 1st b2 9% Am Sug ref 6s.. 102% AmT& Tcltris.. 97% AmT& Tcltrbs.. AmT& Tsfhs... 64 97 Am T & T Geb 5%4s 43 103 AmT& Tcy 6s.... Am Water Wks 63 Am Writ Paper 6s. Anaconda 1st 6s. . Ahaconda cv db Andes 7% od Armour & Co 4% Armour Del 5%s.. Associated Oil 6s. Atlantic Refin 5s.. Bell Tel Pa Beth Steel pm Beth Steei rt 6s.... Beth Steel 5353, Beth Steels £ 6s... Brier H St 1st 5%s Bklyn Ed gen §s. . Bklyn Ed 6s B Callf Pete 6%s. Cen Leth 65°45 cfs. Chile Copper = Cin GE 5%s°62 Col Gas & i ColGs & E' Commonwth P & Con Coal Md 1st 58 6 83% 834 Con G NY 5%s wi. 207 103% 103 Consumers Pow 53 26 8% 05k Cuba Cane cv 73 Cuba Cane cv d 8s. Cuban Am Sur 8s. Det Edison 5s'40.. Det Edison ref 6s. Dodgze wi 68 Donuer Steel 7 Du Pontde N 7%8. Duq L&P 5345 "49. Duquesne Light 6s Est Cuba Sug 7%s Empire GEF Ti4s. Fisk Rubker 8s. . Goodrich 6% = Goodyear 85 1931. Goodyear 88 1941, Hershey 6s 1942 Hoe & Co 6%s. Humble O&R 548 Ilinois Bell 1st b3, tllinois Steel 4%s. Int Mer Marine 6s Inter Paper 58 '47. K C P & Lt 53A'52. Kan G & E1 6352, Kelly-Spring 8a Keystone Tele 5s. Lackawa § 58°50.. Lacl G ref 5834 Laclede G 5%s '53. Liggett & Myrs 58 Liggett & Myrs Lorillard (P) b3 Torillard (P)7 Loulsv G & E 6362 Magma Cop cv 7 Manati Sug sf 7%s M1d-Con 6%s, 4 Midvale Steel 68 Montana Pow 5. Nat Tube lst 53 New Eng Tel & N Y Ed bs'4s wi N Y Edenlst 614 103% 106 100% 100% 100% C190% 1001 100% 100% 100 1004 1105 82 76 100% €5 102 40 96% < 105 13 103'% 103'% 10 101 101 94 1077 107% 6_103%_103 101100 7101 100 14 101% 101% © 105% 109% 120% 104 102% 102 100% 95% 8814 92 99% 1021 100% @ » o [ PPN CPRAIE S - PG o P NY Tel 65’49, North Am Ed 6 North Am Ed 6 Nor Ohio T&L. Nor States Pow bs. Nor States Pow 6s. Otls Steel T34 Otls Steel 8s... Pacific Gas & El 68 People’s Gas 5s. PLila Co ref 65 A Phila & Rd C&I Pierce-Arrow Bs. . Plerce Oil deb 8s.. Public Service 63..163 Pub Serv Elec 6s.. 10 PServGasilsbo 5 P ServGas 5%s 64. 128 Punta Alegre 7 13 Reming Arms 6s ' | Rep Ir & Steel 5s... i | Pennsyl 65’64 l | Atchison gen 4 | Union Pac 1st 4 Salés. High. Low. Close. 2 095% 95% 956% 2107 107 107 2 106% 106% 106% 97 109% 108% 109% 24 87 86% 87 21 92% 91% 92% 100% 100Y% 100% 861 R6% 864 6 113 1114 113 101 100 100% 135% 183 1354 1024 102% 102% 103% 103% 108% 10974 1097 109% 98'% 984 104 104 8h BBY 106% 106% 105% 105% 97 97 9244 €3 ok 83 97 100% 111% 107% 101% 98% "y 70 101% 98% Saks & Co st 7 Sharon Stl H 8s Sinclair Oll 6s Sinclair Oil 6%s. .. Sinclair Oll 78 Sin CO P L 63°28 Sin Pipe Line Skelly O1l 6% outhwest Bell b stand G & El 6%5. 124 Tenn Elec Pow 6: Tide Wat Ol 6 Toledo Edn 1st 78 Unfon Bag & P 68 United Drug 6s U'S Rub 1st rf b; U S Rubber 7 USStecls 5 Utah Pow & Lt 5s. Va-Car Chem 7s.. 150 Va-Car Ch T%s w. Vertientes Sug 79. Warner Sug 7s°39. Warner Sug 7 West Elec bs....... West'n Union 6%s 2 Westinghouse 7s.. 18 Willys-Ov 6%s°33. 6 Wilson & Co 1st 68 25 Wilson & Co cv Wilson&C cv 7% Winchester A Ti4s Younestn S&T 6s. 9214 624 iy 53 %7 100% iLl% 1074% 101% 9 1% 70 9344 63 91 3 g 13 RAILROADS. 10 7% 32 15 10 9t 5 107% 5 997 5 81l 31 914 % slk 7 103% 13 108% 13 104 29 89% T1% 92 93% 94 107% 9974 914 94% 914 103% 103% 104 89 100 Ann Arbor 4 Atlantic C L 1st 4s. Atlan C L 418 '64. AtlanticC L 78 B&Oprin3ts. E & O gold 4 B&Ocv 4k B & O ref 6s. B&O 1stbsct. B & O 6s. B&Ort | B&OPLEWYV [ & O SW alv 3%4s 6 100 B & O Toledo 45... 41 50 Bkiyn-Manhat 6s. 137 884 Canad North 6%s 118% Canad North 7s 117 Canad Pac deb 80% rClinch & O 5s. 101 r Clinch & O 6s. 108 Central Pacific 4s. es & Ocv 4% Ches & O cv b8 Chi & Alton 3s. Cint & Alton 31, Cnl B&Q 1st rf CB&Q-1li e C B & Q-Oll div 4s. Cht & E 1 gn 6 Chi Great W CM&St P rf4%, CM&StPcvb: CM&StP6s. . W ref 63 150 4 9 a2 10 26 C& W 15162, "CC & St L 4355, Colo & Sou 4%s Der & Hd 15t rf 4 Del Hud cv 5s '35 | Den & Rio G cn 4s. D & R10 G imp 58, D & Rlo G Wat Des M & Ft D Det United 4%s 1e 1st cons 4s te gen 4s. . ie conv 4s A.. 1e conv 4s D next7s.... irie & Jersey 68. ie Genes<ee R 68 e (Pa) cit tr 4 Cos74 Gr Trunk sf db 6 Srand Trunk 7s. | Grea: North 5s. Gr North 5%s. Gr North gen 7s. |G Mob & N 53 B 50. Havana ERL&P 51 Hud & Man ref 5s. Hud & Man aj 5s. . [1l Central ref 4s. 11l Central 5 111 C-C St L&NO 58 +| Int Rap Tran bs. Int Rap Tr bs stpd. int Rap Tran 63 Int Rap Tran 7s. Int & G Nor 1st 6; int & G Nor aj 6s lowa Cent rf 4s | Towa Cent 1st 58 Kan City Ft S4s.. Kansas City S 3s.. Kansas City S 5s. Kan Cy Term 4s. Lake Shore 4s'28.. Lake Shore 43 '31.. Louis & N unt 4s. Mannar Ky cn ¢s Market St Ry 7 Mil EI Ry & L6 M & St L 1strf 4s.. M StP & SSM cn 4 M StP & SSM 5% M StP & SSM 63| MK & T 1st 4 MK & T ad] b MK&TprinésA MK&T6sC...... sio Pacific ge, Mo Pac 58 19! Mo Pactfic 5: Mo Pacific 6 Montrl Tm 1st 58 Nassau E Ry 4s 57 NO Tex & M in bs. NOT&Mb% 9 100 75 {NOT&M5%sn N O Tex Mex 63 N YCentribs.... 47 N Y Cent deb 6a. 14 NY Chl & St L5%s 95 NYC&tL6sA New Hav d 485’ New Havcad NY Rys 6565 ... NY W & Bos 4%s. Norfolk & W cn 4s. Norfolk & W cv 6s. Northern Pac 3i Northern Pacr i Ore Short L ref & Ore-Wash 1st rf 4s 21 Pennsyl con 4%3s.. 10 Pennsyl gen 43s.. 70 Pennsyl gen 5 98 21 97% 10% 108% 100% 99 95% 95 86% % 89 26 89 % 92% 99% S1% B7% 90% 87 101% 84% 804 3% 81% 95% 7% 87% 1% 9% 1084 106% 110% 87 56% 87% 86% Pennsyl 6% Pennsyl gold 7s. Pere Mara 1st & Por RL.& P 6 Reading gen 4s... Reading gen 4%s. Rio G West 1st 4s. Rio G West cl 4 RIATk &L 4% St L IM&S 4829 St LIM&S R&G £8% 7% 92 99% 1% 87% 90% £6% 101% 83% 80 1% Si% 8% 974 86% 91% T9% 103% 106% 7T% 92% 9974 91% StL&SF 5%sD.. 81 StL&S Fadf StL&SF inc 8704 StLS Wcon4s'32 81 90% St P & KCShL 43%s 97 87 St P Un Dep bs 1101% San A& Arn P 4s.. 12 84% Seab'd A Ldssta.. 7 80% Seab'd A Loref 4s..165 73% Seab'd A Ladj 5s..3 9 82 Seab'd A Licon 89 951 Sou Pacific 45°29.. 90 97% Sou Pacific clt 4 6 874 Sou Pacific ref 26 91% Southern Ry gn 4s 25 78% Southern Ry 1st bs 14 103% Southern Ry 6sct. 2 107 Southern Ry 6%s. 23 110% 110% Sou Ry Mobile 4s.. 13_87 _ 86% Tuira ave ref 4 376K 66% Third Aveadjbs.. 21 38 87% Tol St L& W 13 864 86% Toledo Trac 10 100% 100% 100% 11 94% 93% -93% 8 991 99% 994 1 108% 108% 106% 6 108% 108% 103% Union Pac 4s '37 Un Pac 1st rf 5 Union Paccy s, ON STERLING RISE Exchange Advance Today in London Tends to Lift Grain Values. By the Associated Press. CHICAGO, May 20.—Adverse crop reports from the domestic Winter wheat belt, together with unexpected upturns In wheat quotations at Live pool, led to an early advance today by the wheat market here. that sterling exchange had reached a new high hecord, the topmost point since 1914, tended also to lift wheat values. On the bulge in wheat prices, however, standing orders to sell July delivery were met with, and this cir cumstance was responsible for some- thing of a reaction all around. The opening, 1 to 33 higher, May 1.69 to 1.70 and July 1.541; to 155, followed by a sag to 1.68% May and 154 July. Corn and oats derived firmness from wheat. After opening at 1 off to % up, July 116 to 1.16%. the corn market continued to average { higher. Oats started at 14 to % advance, July 447 to 45, and held near to the initial range. Provisions were responsive to a de- cline in hog values. WHEAT— July September CORNT 1 May | July | September OATS— May July September plemi ot " 541 451 133 185 145 451 1 1 1 1 1 1 a 1 113% May July September LARD— May July i September 1BS— | May July September FIRESTONE DECLARES RUBBER CRISIS NEAR e I Tire Magnate Says Americans Must Produce Own Supply to Lower Costs. There is no longer any doubt a rubber crisis threatens this un: re going higher, Harvey S irestone, tire magnate, who is a | zuest at the Mayflower Hotel here, |declared in an interview today. Mr. Firestone pointed out that since the British colonial office, which con- trols much of the rubber market, |enacted legislation limiting the pro- duction of rubber in British territorfes the price has steadily soared, going from 15 cents to 60 cents at Dresent for the crude product American_motorists,” Mr. T concluded, “must shoulder this bur | den. "Our national prosperity is ham pered in a great measure by the pro- duction and _exportation of rubber being controlled by a foreign monop- oly. Our prosperity depends to a large extent on our highway transportation. “The time has arrived for Ameri- cans to produce thelr own rubber.” e BY C. & 0. DIRECTORS { Semi-Annual Payment of $2 on Common and $3.25 on Pre- ferred Coming on July 1. By the Associated Press. CLEVELAND, Ohio, rectors of the Che: May 20.—Di peake and Ohio panies vesterday declared the regu semiannual dividends. The Chesa- peake and Ohio dividend of $2 on common stock and $3.25 on preferred |is payable July 1 to stockholders of record June 2 A statement issued by President W J. Harahan, president of the Chesa. peake and Ohlo and Hockins Valley, said the directors had before ihem requests of certain stockholders that the common stock dividend be in creased. —_ = ST. PAUL REPORT SHOWS BIG DEFICIT FOR YEAR Nearly $2,000,000 Loss Against $207,686 Surplus in 1923. Expenses Lowered. By the Associated Prees. CHICAGO, May 20.—Operations of the Chicago, Milwaukee and St. Paul Railway Co.. now in receivership, for the year ending December 31, 1 shows a deficit of $1,868.606, as com pared with a $207,686 surplus for the previous year and with a deflict of $6.143,168 for the yvear ending Decem- ber 31, 1922, said the annual report of the board of directors, made public today. During 1924, the report said, op- erating expenses showed a decrease of $9,449,167. But the economies in operation were not sufficient to offset the decrease in operating revenues of $11,261,879, of which $2,4f 1 was in | passenger revenues. DIVIDENDS. Stock of . Parable. record. July 15 June 20 July 10 June 15 July 10 June 15 June 30 June 15 June 30 May 20 > June 30 June 19 June 10 May 20 July 16 July 2 July 1 June 13 July 1 June16 June 1 May 21 June 30 Jjune "3 June 15 May 28 Eog T, June 30 Jjune 10 at * Dairy Pro. e July 1 June 25 Quaker 78¢ July 15 July 1 do pt . ; 50 Aug 31 Aug 1 Sher-W of Can " Q 1 June 30 June 15 do pt ... © June 30 June 15 Standard “Ban UST&G % July 1 June 26 2% % June West ~Paclfic 2. iy e do pf A 5.00 July 15 June 30 55 July 15 June 30 DAIRY PRODUCTS. BALTIMORE, May 20 (Special).— Live poultry—Chickens, pound, 40a50; Leghorns, 32a40; Winter chickens, 40 a45; old hens, 23a28; Leghorns, 23a24: stags, 26; old roosters, 16a17; ducks, 18a25; pigeons, pair, 20a50; gulnea fowls, each, 50a75. Butter—Good to fancy creamery, pound, 41a46; prints, 46a48; ladles, 29 a30; store packed, 25a26; dairy prints, 25a28; rolls, 25a28; process butter, 33. Am Tel Atl Coast 'Line. qoNE Crue, Steel pi Cont'l’ P Equit Tr Erie & 5th Av B S Gab “Snubber Lord & Taylor, McC Sug K pl. erg Linotype. MerGiwsm ol A3 Ext $1.00 Virginia Ry 1st §s.145 101 100% VaRy&Plstbs.. 1 97% 97% Wabash 1st5s.... 2 101% 1015 Washash 63%s, ‘75117 96% 95% Western Md 4s. 5 66% 661 €6l ‘Western Pacifl 72 964 94% 96 Wheel & LE cn 50 T7% TI% 1% V/ilkes BRE 1st5s 3 66% 66%: 66% WisconsinCent4s, 6. 8L. 80% 8l 101 97% 101% 96 The fact | and the Hocking Valley Raflway com- | NEW ORGANIATION Uplift of Business Ethics Planned by Sponsors of Idea. AS. P. SHAEFFER ble thou | cally combine ization to be kr Club of Washington While for tion of scribed as in its ve | stuges,” sponsors of t |its " existence would | benefit to those eng selling profession, and will not be allowed to die. Tentative plans call for « along lines of the other large cities ex cial features will be the business phase of tion The primar: | creation lamong those en |‘\\h|rh would ness ethics. pointed out {is often violated sale of securities 1 the syndicate L made public. Organizers of the ¢ between 20 and ating in Washin ble fo membe standard that slubs ex Trading on L Stock of the Lar | eased off to %3 in today the local stock excha Mect t and preferred s wer the " | Paper 1 B st Would Admit Morris Bank. | The local spec |at n.m the purpose cation for | Mor banke new commend Directors of t hine Co. have declared { men | value | to shareho 1 of business June { Eastman Scores Financial Methods. Cor Iterstate Cc termed as | existing v {ing of ra {ing from Ision to pe {to proce unhes i he said | monopolized by J tand Kuhn, Loeb & The con sion | York Central to |4 per cent equ § tific lits plan | proposed {to sell its | cent of par, but |fused to allow | Ins uth pment fo javerage price of not I per cent of par Eastman pme 1 credit Ast such se he satd, I Sort to competit tirely practicable bring about healt | dition much ck.” Car Loading Records Smashed. Loadings of week of May of correspondi vears, the Amer {tion announced 1 total at 981,370 Although this less « fatt e was a decrease of 341 cars, compared with the preceding it was 73.167 higher than the ation’s total the week of May 9 last year. For the first 19 weeks of loadings of revenue fre to 17,449,978 cars, ¢ high mark for th year. The increase the_similar period of 1,984 cars, or 1h ared w amoun cent BETHLEHEM PLANT NOW RUNNING AT CAPACITY pecial Dispateh to The Sta BALTIMORE, May rows Point plant Steel Corporation jcent schedul division, | worl | ploy as com 1924 per Sp lehem except the shipbuild which is idle 8.500 men. lever on Wthe of plant, to Which the sum of mately $1,000,000 is disburs: The big plant on the ( ke Bay directly supports uuward of 34,0 i persons. ills en umbe the rolls the approxi MONTGOMERY COUNTY i BOND ISSUE AWARDED Special Dispatch to The Star. BALTIMORE, May Forbes & Co. were the su. ders for an ery County serial bonds today. The bonc at the rate of $30,000 annually from July 1, 1938, to July 1, 1941, inclusive. and $35,000 thereafter to July 1, 1944 The price paid for the bonds was fairly in line with that of other Ma: land county issues, the average yield being about 4 Harris, ssful bid 000 Mon AGREE TO WILSON PLAN. NEW YORK, May 20 (#).—F in the affairs of Wiison & Co., packers, is reported by Harold Stan- ley, vice chairman of the reorganizi tion committee, who stated t hold ers of more than half of the total bank debt and convertible bonds to be adjusted have deposited their claims and securities and have agreed to the plan. STOCK TO BE RETIRED. NEW YORK 20 (P).—Stock holders of Vivadou, Inc., have voted to retire the $150,000 preferred stock at 105 and to change the no par value of 340,000 shares of common to $10 a share. Common stockholders of record May 21 may subscribe fo 40,000 shares of $10 par common at $13 a share on the basis of two shares for each 15 now held. Chicago LIVE P(iULTRY STEADY. 4: broilers, 25a rkeys, 20; dunks, 14%; tul 125; geese, 15.