Evening Star Newspaper, May 21, 1925, Page 30

30 * FIN ANCIAL, ADVANCE N OILS MARKET FEATURE Heavy Buying Over Wide Range Causes Brisk Rise. Selling Elsewhere. BY STUART Special Dispateh to The St NEW YORK, May 21.—After fur ther strength early today the stock v rket ran into a lot of profit-taking and there were recessions in numer ous directions from the high prices. The r was a mixture of advanc and declines, the pressure to sell some of the which have had the atest rise recently offsetting the buying in new favorites More Attention to Oil ‘The increasing attention paid to the oil shares was one of the main fea- tures. The Street was looking forward o an extension of the Jatest advance in crude oil prices throughout the country. Pan-Americans took the lead 1gain, followed by the Cal fornia_ Petroleums, Texas Company, Sinclair, Pure Ol and Independent Oil iind Gas. The last named encountered good deal of profit-taking as it reach P. WEST. stocks elosely » were reports of Petroleum 1 new pool in common, work- prospect of the preferred vetired at 120, and thus 10 open exclusively to junior stock. California Petroleum preferred sold within less than a point of the call price. Pure Ofl w 3 dealt in around 29 and Texas Company in better demand as it crossed 46. 1 blocks of Sinclair were taken around 2 Utility Moves Mixed. Price movements in the Public ties were considerably mixed. There was tive profit-taking in st s like A an Water Works, Columbia and Standard Gas, which had had > bi; on previous days. West Penn was bid up across 140 for the first time, but subsequently fell back. The were the greater New York Ligt res, Brooklyn Union L was a new high, dated Gas and Brooklyn busy around their top 120 * months. 47, and ing on the Utili United States Steel sold the first time in over two Liepublic Steel got above thlehem Steel reached 42. A good eal was made again of the latest trade summaries, indicating a firmes wdency in prices und stoppage of the decline in the output at Tobaceos Turn Strong. The tobacco stocks under the lead of Amer: which sold at & new Products and The suddenne: Locomotive suggdited that a interest had at it Louis-San Franei flered down_ sharply on disappoint t that nothing had been done at meeting late Wednesday about a dividend increase. International Paper had u further rise when it became known that definite steps toward the zation of power properties had tak, Department Stoves new hizh for the little buy nings have : n ofiicial the volume « Xcess of the rute a year increase in the dividend from the annually to $6 or § in Wall Street MARKE were sty n Tobac h of - Consolidated with which run up stubborn length 1S short ihe been May to a advanced on com Depart nproved, and, of com business has 1 vear, May CLOSES FIRM. Steels, Equipments and Motors Lead Final Trad NEW YORK. May profit-taking. particularly in the pub. lic utilities. failed to check the up- ward movement of prices in today's stock market. _Oils made a brisk response the announcement of higher vrices and rum dividends by some companies. Total sales approxinu )50.000 shares. The closing was firm. ndard in ustrials, particularly equip. nts and motors, were under heavs rccumulation in the iate trading. In ternational Paper crossed 63 to a new | high in reflection of the announce- ment that a subsidiary had been form- ed to take over its waterpower properties ). —Heavy export s of incres of the la ste ! Markets at a Glance NEW YORK strong and active. Bonds higher: petroleum issues lead wdvance. IForeign exchange itly easier tton lower; advice Su; Stocks firm; oils steady: sterling bearish private erop r higher: tirm spat market Coffee strong: European buying. CHICAGO.—Wheat lower: poor port demand Corn easy: larg Catile firm; t Togs higher ex- receipts. sud shipping demand. packers out of market. STOCKS OF SMALLER ROADS IN LIMELIGHT Possible Mergers Draw Special At- tention to Several Little Known Rail Lines. By the Associated Pr NEW YORK, May Attention heing in the stock market to securities of small raflroads has been | supported by the purchase of a large interest in the Ann Arbor by the Wabash, hearings in Washington on ! the Van Sweringen merger plans and L. F. Loree's proposal regarding a fifth trunk line system. Shares of the Pittsburgh and West o Great Western, Wheeling _and Lake Erie and the Western Maryland have been strong on the general assumption that con- solidation would meet no serious obstacle. ! Valuation of the Chicago Great { Western by the Interstate Commerce Commission s on about $70 a works share for the preferred, on which more than $30 in dividends have accumu- lated. Union Pacific and the Burling- ton have been mentioned as possible buyers of this road. CURB SEAT, $12,500. NEW YORK, May 21 (#).—The New | York Curb Market membership of George B. Buchanan was bought by Murray Thompson for $12,500 today, an increase of $2,000 over the previous wransaction. BALDWIN GETS ORDER. THE EVENING STAR. WASHINGTON, D. C, NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Abitibt Pow (4). Adams Exp (6).. Adv Rumley. Ad Rumley pt ( Ahumada Ld (+1) Alr Reduct (4) Ajax Rubber Alaska June Allled Chem (4). Allied Cm pf (7) Allls Chalm (8). Allis Chim pf (7) Am Agricul Chm Am Ag Chm pf.. Am Bk N pf (3). Am Beet Sug (4) Am Brk Shoe (5) AmCan (¢7).... Am Can pf (7). . Am C&Fdy (n). Am Chicle Am Chicle Am Drug (60c). Am Express (6). Am&FP (25%). Am & For Pow. . Am & Fr P pf () Am Hide & L pf. Am Ice (7). Am Ice pt (8) Am Internatl Am La Fran (1). Am Linseed. . Am Luco (118).. Am Metal (3) Am Radiator Am Safty Rz (3) Am Ship & Com. Am Sm & Ref (8) Am S & R pf (7). Am Stl Fays (3). Am Sugar Am Sugar b Am Sumat; Am Sunmtra pf. Am T & Tel (9). Am Tobacco (7). Am Tobac B (7). Am WW&ZI 30c. Am W W pf (6). Am Woolen..... Am Wool pt (7). Am Writ Pap pf. Am Zinc. ... Anaconda (3) Ann Arbor pf... Asso Dry G (5) . Arch-Dan pf (7). Armour I11 A(2). Armour Del (7). Arn Cons & Co.. Artloom Corpn. Ass0 Oll (1%). AtT&SFe (7). AT&SFpf (5). Atl Birm & At AtlanticCL (7). AtGuif& WI... At Gulf & WIpf. Atlantic Refin. .. Atlas Powdr(4). Atlas Tack..... Austin-Nichols. ldwin L (7). Eal & Ohio (5) .. Bal & Oh pt (4). Eang & Ar (3).. iarnsdall A.... Rarnesdall rts. Barnsdall B. Beech Nut (2.40) Rethléhem St Eeth Stl pf (7). Beth Stl pf (8) .. Briggs MIg(3%) Bkl Edison (8).. Pxl-Man Tran. . Bkl-Man T pf (6 Bkl Union G (4). Erow= Shoe (4. B'wick-B C(3.60) uff Reh & P... *BR & P pf (6). Burns Bro (10).. Rurns Br B (2) Burns Br pf (7). Rur Add Ma (3). | Bush Term (5) | Sutte Cop (50¢). Butte & Su(500). “addo Centrai. . Cal Packing(6). Cal Peve (1%).. 1f Pet pt (7). Callahan Ztne. Calu & Ariz (2). Calumet & H 50c Can Pacific (10). Case Threshing. Case Thresh pf Cent Lea Cent Leather pf. CRRNJ(t12). Century Rib (2). Cero d Fasco (4) Certain-Teed. .. Chand Mot (3).. Ches & Ohlo (4). Thes &0 pf(6%3) 1& Alton. . hi & Alton pf.. iGreat West. 1 Gr West pf. Chi Ml & StP... | Chi Ml & SP pf. Chi & Nwn (4. Chi & Nw pf (D). ChiPneuT (). ChiRI& Pac CRI&Ppt (6). CRI&PDPL(D. Childs (12.40)... Chile Cop (2%). Chino Copper Coca-Cola (7). Colo Fuel & Iron Colo Southern. . Colo Sou 1st (4). Col G & E (2.60). Col Carbon (4). Com Inv (2.50).. Com Soiv A (4). Com Solv B. . Congol-Nrn (3). Consol Ciga: Con Distributrs. Consol Gas (5) .. Consol Textile. Cont Can (4) “ont Mot (80c). Corn Prod (2). .. Crucible Stl (4) . Cub Am Sug (). Cuban Cane Sug Cup Cane Su p Cuba Dominican Cudahay ctfs. .. Cushmans (3). Cuyamel Fr (4). Oavison Chem. . Del & Hud (9).. Del L&Wn (17). Detroit Ed (8). Dodge Bros (A). Dodge Bros pf . Dome Mines (2). Dul §S & Atlan. Dul SS & Atl pt. Doug Pectin (1). Dupoat (10).... DuPont deb (6) . Eastman (18). Eaton Axle. Elec Power ctfs. ELP & Lt 40% pd Elec P& Lt £ pd. Elec Str Bat (4) Emmerson Brat. End-John (5) . Endicott pf (7). Erie 24 pf. Fairbks (2.60) Famous Pl (8). Fed Lt & T (1D. Fed L&T(*1.40). Fid Phoenix (6). Fisher Body (6). Fisk Rubbe: Fisk R 1st (1)... Fleischmann (4) Foundation(8)... Freeport Texas. Gardner Motor. . Gen Asphalt. Gen Cigar (8). Gen Gig deb (7). Gen Electric (8) NEW YORK, May 21 (®).—The At- Jantic Coast Line has ordered 25 loco- motives from the Baldwin Locomotive ‘Works. LIVE POULTRY LOWER. CHICAGO, May 21 (#).—Poultry alive; lower, fowls, 24; broilers, 25a4 141%; turkeys, 20; ducks, 12; Gen El 8pl (60¢). Gen Motors (6). Gen Mot pf (7).. Gen Petrol (2) Gimbel Bros. Ginter Co (1%). Glidden Co. - Gold Dust Goodrich.... Goodrich pf (7). Goodyear pf (7). Open. High. 67% 92% 17% 5Th 11% 104% Low. Close. 67% 92% 17 574 11% 104 13% 1% 90 119 79% 107 19% 51% 58 39 §24 106 186% 120 150% 187 123% 24 64 13% 3% 6 19 161 97 109 184 83 106% 107% 641 2 67% % 112% 156 31% 167 69% 16% 94% 87 116% 16% 10% 68% 89% 106 286 11% 7% 1074 54 54 36% 22 42% 52% 98 9% 28 3% 37 356% 106% 156% 30 167 68% 16% 94 86 114% 13% 10% 57 89 106 283 1% 6% 106% 53% 1% 35% 20% 42 61% 97% 1% 8 95 17 57% 11% 104 13% 1% 91 119 9% 107 19% 51% 58 39 32% 106% 191% 120 30 167 684 16% 94 87 1165 15% 10% 57 894 | 108 283 1% 6% 107% 53% BlY 36 21% 42% 52 7% Granby Consol. . Grt North pt (6). Gt Nor Ore (1).. Grt Wstn Su (%). Gt West S pf (T) Greene Canan. .. Guantanamo. ... Gulf Mo & Nor... Gu M & N pf(6). Gulf St Steel (5) Hanna 18t (7)... | Hartman (23%). . Havana Elec (6) Hayes Wheel (3) Hays W pf (7%) Hoe & Co A (4).. Hogestake (7). House'd Prod (3) Houston O1l. Hudson Mn (2%) Hud Man pf (6). Hudson Mot (3). Iilinots Cent (7). Independ Oll (1) Indian Motorey. Indian Refining. *Ingersoll R (8). Tnland St (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 (6) Int Mer Mar pf.. Int Nickel. Int Paper. Int Pap pf st (6). Int Ry Cent Am. Int Shoe (6). ... Int Shoe pf (8).. Int Tel & Tel (6) Intertype (t1%). Jones Eros Tea. Jones & Lau ( Jordan Mot (3). KCP & L 1st (7). Kan City South Kan C So pf (4. Kayser (Jullus). Kelly-Spring. Kelsey Whi (6). Kennecott (3).. <eystone T & R. Kinney pf (8) . Kresge Dep Str. Kresge DS pf(8) Lee Rub & Tire. Lehizh Val (3%) Giggett & M(14). Lig & My B (14). Lima Loco (4) Loews Inc (2) Lofbecooeseesase LongBell A (4).. Loose-Wiles. ... Lorrillard (3 Louistana Ofl. Louls & Nsh | Ludlum (2). | McCro B (1.60).. { McIntype P (1).. | Mackay (7). Mackay pf (4) Mack Treks (6). | Mack T 1st (7). Macy HR & Co.. Magma Copper.. Mallinson & Co.. | Man Shire (13). Manlla Zlectric. Maracaivo Oil Market St prior. Marland O (Tic). Malin-Rock (1). Martin-Pry (4). Mathieson Alka. Maxwell (A). . Maxwell (A) etes Maxwell (B) Maxwell (B) ctfs May Dept St (6). Metro G pf (1.89) Mexican Seabd. . Miami Cop (1)... Mid-Continent. . Mid-Cont pf (7). Middle States. .. Midlnd Pr pf (8) Minn & St Louis. Mis Kan & Tex.. MK&Tpt (5).. Missouri Paciflo. Missour! Pac pf. Mont Power (4). Montgom Ward. Moon Mot (3). .. Mother Lode 756 Motor Wh1(75c). Murray (2.40)... ash Mot (111).. at Acme (sta. at Biscult (3).. Nat Cloak (4). at Dairy (3). Nat Dpt Stores. . Nat Distiliers. .. Nat Distillers pt at Lead pf (7). at Ry Mex 1st. at Ry Mex 2d.. at Supply (3). - evada Copper. Nwpt U Gas (5). NY Alr Br (4).. V Y Canners (2) N Y Central (7). NY C&StL (6).. NYC&StL pf (6). NY NH & Hart.. NY On & Wn (1) NY Rys part ctfs Y Shipbld (2). N Y State Rys. .. N Y Steam pf (7) Norfolk South. . Norf & West (7) North Am (3.40) North Am pf (3) North Fac (5)... | Otis Elevator (6} Otis Steel. Otis Steel pf. ... Owens Bot (3).. Paciflc Gas (8).. Pacific Mail. Pacifio Ol (2).. Packard (11%). Palge Mot (1.20) Pan-Amer (6).. Pan-Amer B (8) Panhandle. .. ... Park & Tilford. Pennock & Ford. Penn C & Cke. ... Pennsy R R (3). Penn Seab Steel. Peoples Gas (8). Pere Marq (4).. Pere Mar pf (5). Pere M prior (3) Phia Co (4).. Phia Co pf (3).. Phila& RC&1. Phillip Morris. . Phillips Pet (2). Plerce-ArTow. .. Plerce-Arrow pf Pierce-A prior 8 Plerce Ofl...... Plerce Petrol... Pitts Coal. . Pitts Term Coal. Pitts Ut pf 11.20. Pitts Ut ctfs 1.20 Pitts & West Va. Postum-Cer (4). PrStCarpf (7). Prod & Refiners. Pub Ser N J (5). Pub S Gas pf(6). Pullman Co (8). Punta Al Su (6). Pure Ol (1%).. Radio Corp of A. Ry Stl Spg (8).. $Ray Cons Cop... Reading (4 Reading rt Reading 1st (2). Reading 2d (2). j Robert Reis. . Reis Robt 15t p. kemington Type Remintn 1st (7). Replogle Steel. . Rep Ir & Steel. . Reynolds Sp (1). Rey Tob B (3). Roy Duth 4.42%. Rutland pf. St Joseph Ld (3) _ Int Mer Marine. . Pub SNJ pf (7).. Open. High. 16% 66% 29 4% 110 13% 5 31 96 85% 63 ‘30 140 37% 104% 464 16%° 66% 29% 95 110% 13% 5 31 96 87% 16% 66% 28% 4% 110 18% snu 96 86% 63 29% 136 37 104 46% 179% 3 109 33% 6414 us 5 24 ~63% 13% 66, 467% 88 117% 123 91 32% 25 283 22 40% 9814 3264 131 9% 49 63% 116% 11% 6444 4% 110 10% 59 24% 18 80 81% 3% 284 26% 16 43% 1t 17 63% 69% 80 58 47% a2 15% s 201 63% 110 2% % 443 39% 16% 14% 70 1144 8% 26 73% 100% 93% 143% 4% 28% 58% 129% 13% 9% 19% 89 41 12% 0% 664 101% 15 46% 13% 5% b1% 66 Bl _ 8u% 47% 42% 15% 42% 214 64% 110 110 2% 2% % Tw 445% 44% 40% 39% 15% 16% 14% 14% 1% 70 1l4% 1144 81% 814 26 26% T4 T2% 1007 100% 93% 93w 143% 1424 4l 40% 29% 28% 584 56% 130% 129% 13% 13% 80 7% 19% 19% 39% 39 41 41 15% 12% 2% 0% 66% 66% 101% 101% 15 14% 4Th 46% 18% 13% 6 5% G62% b61% 69 56 b1%_ 61 Low. Close. 16% 664 28% 24 110% 18% 5 30% 90 86 63 29% 188 88 104 46% 4% 854 701 314 69 62% 113% 29% 17 8 221 40% 109 24% 19 11 16% 72 65% 101% 14% 4% 13% 6% 524 69 StL& San F (5).” 81% ™ 82% nfl"mfi 85% 86% 85% B85% 97% | St L Southwest., .48 48% StL SanF pf (6). {GASOLINE STOCKS SHOW 4 | U S Distributing RAILROAD AND OIL BONDS TAKE LEAD Unabated Vigor Shown Again Today—Decreases in Gasoline Factor. BY GEORGE T. HUGH Special Dispateh to The Star NEW YORK, May 21.—The unsat- isfied demand for investment bonds showed fitself today, not so much in United States Government obliga- tions or in- the strictly high-grade railroad mortgages, but in issues giv- ing a slightly higher return, not so well secured by property values, but amply protected by earning power. . Louls-San Francisco prior lien 5348 crossing par was typical of the kind of security for which h\q\llr) Wwas most insistent. Strength in these was all the more significant in view of the r ion in the stock and l)m_ income 6 The latter, under profit-taking, sagged to a low of §7%. Southern 4s Touch 80. Southern Railw another example of the ch the day's market. They touched 0 In the more speculative list, the New Haven issues were le their best pric : vertible 65 were up at one time near! i point, and the 4s of 1957 a point and a half. An extraordinary rise occurred in Chicago, Terre Haute and South- eastern bonds amounting to almost 3 points. while the refunding 5% im proved fractionally. Undoubtedly this advance was in_sympathy with the strength in the St. Paul group. 0il Bonds Also Higher. Pan-American Petroleum 6s and Sin clair 65 sold higher, keeping pace with their respective stocks. Ofl bonds generally were strong. American Agri cultural Chemical 7128 ran up a point. oreign bonds were inclined to re but losses were unimportant. Po. Tand 8u sagged nearly a point. mong the day's new offerings was te of Illinois 4 per cent bonds at 101 for all maturi DECREASE IN MONTH NEW YORK, May 21 (®).—Gaso-| line stocks decreased 000 barrels | during April, said reports received 1o day by the American Petroleum In stitute, covering 64 per cent of the operating acity of the Unite States. ne and tank crude ofl s east of the Mountains decreased 1,588,000 barre in_April The daily average gross production in the United creased 67,600 1s for ended May 16, 2 cording to the summary. crude oil States in the weelk 50, ac institute’s weekly | 644 111% 85 45% 4 5 24% 101 8844 24% 20 87 26'% 88% 93% 103 91% 22% 54 834 634 647% Ul 3% 4% 14% 173% 25 101 40 4% 214 88 274% 8914 93% 64 111 34% 45'3 14% 171 544 24% 01 87 24 201 87 2614 88 93% 102% 91% 21% 53 634 6315 b59% 44 us 11 63 69 1% 454 114 8% 4 23 % 17% 21% 12 64% 11 34% 45% 1435 171 544 24% 101 397 Schulte (*8). Seaboard Air L. Seabd Alr Lipf.. Seagrave Corpn. Sears-Roebk (6) I Shattuck FG (2). Shell Un (1.40).. Shell Un pf (6).. Simmons Co (2). Si Pet (1).. Sinclair OMl. ... Sinclair pf (8).. Skelly Oil Sioss-Sheff (6) . Sloss-She pt (7). South Pac (8) Southern Ry (8) Spicer Mg Std Gas & Ei (3) Std G & E1pf (4) Stand Mill (6).. St 011 Calit (2).. 53% StOIINJ (1)... 4d% StOIINJT pf (7). 118 Std Plate Glass. 11% Sterling Prod (4) 63 Stew Warnr (5). 69 Stromberg (6).. 78% Studebuker (4). 45% Studebak pf (7). 114 Submarine Boat. 9 SuperforOfl.... 4 Superior Steel Sweets (new) . Symington. .. | Symington A (2) Telautogph 25c. Tennessee Cop. Texas Co (3).... Texas Gulf (7). Tex & Pacific Tex & PacC& O Third Avenue. Tide Wat Oil (4 140 Timken R B (14). 41% Tobac Prod (6). 78% Tobc Prd A (T).. 97T% Transcont Ol1 54 Transue & W(2) 25% Twin City (4)... €9 Underwood (3).. 44 Un Bag & Paper. 474 Union Ol. % Union Ol (1.80). 374 Un Pacific (10).. 139% Un Pacific pf (4) 74% Utd Alloy Steel. 24% Utd Cigar (13%) 70 ¢ United Drug (6) 126% Utd Paperboard. 21% Utd Ry Inves pt. U S'Cast Iron P. U S Hoff (2).... | U S Ind Alcohol. { U S Realty (8).. U S Rubber U S Rub 18 U S Smelting () U SSmpf (334). U S Steel (17)... U S Steel pf (7). Unliversal Pipe.. Univer P pf (7). Utah Copper (4) Utah Securitl Vanadrum. .. Van Raalte Van Ralte 1st (7 ro Chem. Va-Caro Ch p! Va Ry & Power. vivadou..... Vivadou rts 27% 23% 72 4% 16% 109% 13% £ 28% 67% 49% 16% 144 49% 100% 1375 97 116% 14% 21% 43 9214 133% 2% 10% 22% 17% 82 27 69 bl 4% 20% 108% 644 21% 124% 89% - 81 66 20 50 85 67 ‘Wabash pf A5 wabash pt B waldorf (1%) Ward Baking A. ward Baking B. Ward Bak pt (7) 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). Weston Elec. . Weston A (2). Wheel & L Erle. ‘Wheel & L E pf. White Eagle (2) White Mot (4).. wickwire Spen.. Wwickwire ctfs. . Willys-Overld. . ‘Willys-0d pf (7) wilson & Co. 64 wilson & Co pf.. 21% ‘Woolworth (3).. 124% Wworthington. ... 39% Worthtn A (7).. 81 worthton B (6). 66 Wright Aero (1) 20 wrigley (1314). 50 Yellow Cab (35¢) 85 35 185 Youngstown (4) 67 67 67 +0dd lots. {Partly extra. tPayable in stock. Pi rates as given in ti above table are the annual cash payments based on the B St ot T e dtvidends are not included. 3 22 81 686 203 50 THURSDAY, MAY 21, 1925. FINANCIAL. [ovvewvom BONDS srooxexcae] | WHEAT SELLS OFF | MORRIS PLAN BANK Received by Private Wire Direct to The Star Ofice. Sales. High. Low. Closs. UNITED STATES BONDS. (Sales are in $1,000.) Low. 101 1012 1027 1027 101 10 101 13 101 25 101 279 10217 102 18 10212 10212 106 10 106 10 Close. Libist4%s 27 Lib 2d 4%s. 320 1ib 3d 4% 199 Lib44%s.. 332 US4s1944. 56 US 4%s'52. 122 106 15 FOREIGN. Sales. High Low. Close. 99% 96% | 96% 96% 102% 102% 981 984 99% 100 871 94% 109 107% 9314 2414 24 106% 98% 1024 104% 103 wi% 10315 109 109% 48 99% 91 99% $9% 995 Argentine Cs A. Argentine s B. Argentine 7s. Austria 7s Bank of Japan 6s. Belgium 6s.. Belgium 648 wi.. Belzium 73%s. Belgium 8s Bollvia 8s. Bordeaux 6 Brazil 7s. . Brazil T%s Rrazil 8. . Canada 551931. Canada 5s 1952, Canada 515 192 Chila Chile 85 1926 Chile 85 1941 Chile %5 1946 Chinese Gov Ry bs Christiania 6s ... Con Pow Japan 78 Copenhagen 6%s. . Cuba 6%8.......0 Tzecho 83 1952 Danish Munic 85 A Denmark €s. . Denmark 8 DEI6%s Mch'53. D E15%s Nov '53. Dutch East I 6s°47 Dutch East 16362 £1Salvador 85'48. Finland s f 68'45.. Finlands 7s . Framerican 1% French Ta French 7% French 8s. @er E16%5°50 wi German 7 Ger Gen El Greek T Haiti 63 Holland- Hungary 6% Japanese Japanese 8% Lyons 6s. . Marseille Mexico 4s ‘04 asnt. Mexico 45’10 asntd i Mexico 5 assented ontevideo 7s. ... etherlands 63 ‘54. Netherlands 6= ‘72, Norway 63 1843... Norway 6s 1914. Norway 6s 1952. Norway 8s e Crient Dev deb 6s. Paris-Ly's-MedJ 63 Paris-Ly’s: Parfs Orleans 7s.. Peru 8a. . Poland 6s'40. Poland 88 50 wi Prague 74s. . Queensland 6s. . Queensianc 7s. ... Riode Jan 8s 1946 100% 100% 100% 110% 86% kil £7% 100% 110% 6% B6% £5 6% £9% a0ty 1044 1124 Sao Pauto City 35. Syo Paulo State 88 S Paulo St 85 wi Seine Dept of 78 3erbs Crot S Soissons 63 Sweden 5143 ot. Sweden 6s. Swiss 53s 1946 Ud Kingm 5% Ud Kingm 5%s3°37 Ud Steam Copen 63 Uruguay 8s MISC Ajax Rubber §s... Am Agr Chem %3 54 Am Chaln <f 85 '33. Am Cotton Oil 55 Am Smit & R 1s Am Smlt & R 6s. Am Sug ref 6. ... AmT&Tcltrés Am T & Tcltrbs AmT& TS LGS, .. AmT & T deb5lhs AmT & Tcv 6s. Am Water Wks b3 Am Writ Paper 6s. Anaconda 1si 63 Anaconda cv db 7 Andes 7s 20% pd Armour & Co 4% Armour Del 533s.. Auantic Refin & Bell Tel Pabs Beth Steel pm 5 Beth Steei rf 5a... Beth Steel 5%3 63, Beth Steel s £ 63. Brier HSt 1st 5% Bklyn Ed gen b Bklyn Ed 6s B Callf Pete 6143 Cen Leth 68’45 cfs Chile Copper €8 Cin G E 5862 Col Gas & El bs. ColGs & El5ss Commonwth P Con Coal Md 1st bs Con G NY 5%s wi. Consumers Pow b3 Cuba Cane cv 7s. Cuba Canecvd 8s. cubah Am Sue 8s. Denver Gas 58 Det Edison 53’40 Det Edison ref 68 Dodge wi 63.. Du Pontde N 7348, Duq L&P 53%s '49 Duquesne Light 6 Est Cuba Sug 7% Empire G&F 7%s. Fisk Rubber 8s... Francis Sug T%s.. Goodrich 6%s. Goodyear 85 1931 Goodyear 85 194: Hershey 68 1942 Hoe & Co 6%s. .. LANEOUS. 6 102 102% 8% 1015 102 100§ 107% " Humble O&R 6% [llinots Bell 1st b Indiana Steel 5s Int Mer Marine Inter Paper 6a°47. K CP &Lt GsA'53. Kan G & El 65’52, Kelly-Spring 8s Keystone Tele 53 Lackawa § 6350 Lacl G ref 5534 Laclede G 5% Liggett & Myrs b Liggett & Myrs ulsv G & E 58°63 Magma Cop cv 7 Manati Sug st T%s M1d-Con 6%s, 40, Midvale Steel 6 Montana Pow Mor's&Co 1st 4% New Eng Tel 5.0 N Y Ed 68’48 wi. N Y Edenlst 61s. NYG EL H&P 4s. N Y Tel nni. Otis Steel 7%s8. Otis Steel & Pacific Gas & E1 5 Pac T& T 1st 5 PacT & T 6852 pan-Amer Pete Pan-Amer Pete People’s Gas Phila Co 5% Phila Coref 65 A. Phila & Rd C&I1 & Pplerce-Arrow & Pierce Oil deb 8 Public Service 6 Pub Serv Elec P Serv Gas 5%s 69. P Serv Gas 5%s 64. Punta Alegre 7s.. Rep Ir & Steel b - 5 1 | Cleve Term 5s. | Gr 2 Sinclair Oil 78 Sin COP L 6s Sin Pipe Line b Skelly O1l 6%s. South Bell Tel 5i So Por Rico Sug 78 Soathwest Bell 8. 27 Stand G & El 6%85. 21 Tenn Elec Pow 6s. 16 Tide Wat Oil 6% Toledo Edn 1st Union Bag & P 68 United Drug 6 U S Rub-1st rt 6 U S Rubber T%s. U S Smelter 6s. U S Steel s £ 5s. Utah Pow & Lt a1 Va-Car Chem 7s.. 127 Va-CarCh THs w. 12 Vertientes Sug 7. 3 Warner Sug 7s'39. 23 Warner Sug 7s "41. West Elec b West'n Union 6%8 Westinghouse 7s Willys-Ov 6% Wilson & Co 1st 68 94 Wilson & Co cv b Wilson&C cv 134s. Winchester A 7345 Youngstn S&T 6s. . 4 1 22 8% 100% 87% 114% 101% 106 101 135% 102 103% 110 98%s 104 884 106% 101 106 97% RAILROADS. Atchison gen 4s. Atlantic C L cl 4s.. Atlan CL 4%s '64. AtlanticC L 7s. .. 43 2 5 B & O Toledo Bkiyn-Manhat Buff R & Pitt 4%, Canada South 5s. . Canad Pac deb Car Clinch & O 6s. Cent of Ga 5%s Cent of Ga 6s. Central Pacific 4s. Ches&Ocv 4% 1& Alt 3% ctft. Chi B&Q 1st rt 58 CB&Q-Ili 3%s. Chi & K 1gn be. Chi GreatWest 48 C M & Puget Sd CM&StP4n'28 CM&StPab SM&SUP gn 45 °89. CM&StPcv4algs. 43 CM&St P gn 4%s CM&StPreaty C M &St P cv b CM&StPés.. Chi& N W ret 53 {Chi & NW 78, *hi Rys bs . ChiR1& P rf 4 ChiTH&SE bi Chi Un Sta 4148 Chi Un Sta 614s L5s LrfésA. Cleve Term 5%s. C&Slst4s 29 | Colo & Sou 434 Der & Hd 1st rf 4 Del Hud cv 65 °'36.. Del & Hnd 5%4s.... D & Rio G Wst 58. Erie 1st cons 48 Erie gen 4s. rie conv 4s A. Erie conv 4s D. FlaEC3sT4 Gr Trunk st db 6; Grand Trunk 7s. North 5s. Gr North 51gs. rth gen 7s. . Green B & W db B. Hud & Man ref bs. Hud & Man aj 5s. . 111 Central ref 4s, i Central 5%s 111 C-C St L&NO &8 Int Rap Tran bs... Int Rap Tr 5s stpd. int Rap Tran 6s... | int Rap Tran 7 Int & G Nor 1st 6s. int & G Noraj 6s..282 lowa Cent rf ¢s lowa Cent 1st bs. Kan City Ft S 4s. Kansas City S 5s, Kan Cy Term 4 Lake Shore 4s " | Lake Shore 4831 Louls & Nash 7 | Mannat Xy cn Market St Ry 7s. Mil EI Ry & L6 M StP & SSM cn 4s. M StP & SSM 514 MK & T 18t 4 MK&T4sB M K & T ad) bs. MK&TprinbsA. = MK&T6sC. Mo Puctfic b8 Mo Pacific 61 Montrl Tm 1st Nassau E Ry 4857 O Tex & M In bs. O Tex & M58 B.. NOT&Mb%e.... NOT&M5%sn.. Y Cengen 3 L Y Centcn 43 '95. Y Cent deb 4 Y Cent r 16 N Y Cent deb 6s.. YChl&StLoks YC&tL6sA. New Hav d 43’57 New Hav cd 68, NY.Ont W st 4s.. NY Rys 63 65 N Y State Ry 4% Y W & Bos 4%8.. Norfolk & W cn 4a. Northern Pac 3s orthern Pac 4 orthern Pacss D § orthern Pacr i 6s 25 Ore Short L ref Ore Sht L cn 53 '46 Ore-Wash 1st rf 48 Pennsyl con 4%s. . Pennsyl gen 4% Pennsyl gen bs. Pennsyl 5s"64. Pennsyl 63 Pennsyl gold 7s. Pere Marq 1st bs. . Por RL&P 65°47. Reading gen 4s Reading gen 4 SEL&SF pl4sA. 178 St L& S F pr In 6s.157 StL&SF 6%sD.. 67 St L& SF adj StLS Wcon 48’33 93 St P & KCShL 33 St P Un Dep bt San A & Arn P Seab'd A Lids. Seab'd A L4dssta.. 2 Seab'd A Lref ds.. 40 Seab'd A Ladj bs.. 62 Seab’d A L con 6s.. 63 Sou Pacific 4s°29.. 56 Sou Pacific ref 4s.. 1 Southern Ry gn 43 102 Southern Ry 1st6s 1 Southern Ry 6s ct.292 Southern Ry 6% 21 Sou Ry Mobile 4s.. 2 ‘Third Ave ref 4; ‘Third Ave ad] 6s. Tol St L& W 4 Toledo Trac 6s.... Union Pac 1st 4s. Union Pao 4s '37.. Union Paccv Virginia Ry 1st §s. 79 VaRy&Pilstle.. 85 2 6 5 3 b lOOK 924 87X 103 83 80% 8745 101% 84% 80 80 3% 81% 95% 9% 1% 80 108% 106% ik 87 b6t 37% 864 100% 94 99% 1 108% 101% 97% 9% 97%| Wisconsin Cent 43, 16 92% 100% 86% 113 101% 105 101 152 102% 103% 109% 98 104 8rY% 106% 101 106% 97 93 63 81t 83 £6% 100% 111% 107 101% 98% 6% 69% 102 8% 93% 100% 87% 113% 101% 105 101 1324 103 103% 109% 98% 104 88% 106% 101 106% 9% 94 63% 91k 83 97 100% 111% 107 102 99 0% 70 102 98% o1% 89 9¢ 107% 914 94% 90% 108% 103% 104 89% 7% 884 87 102% 117% 80% 107% 102% 104% B9% 97% 106 64'% 68% Bl% 101% 86 75 644 [ 53% 524 107 B5Y 94% 117% | rou B1% {11.2 78% | 8% | dium, i | | 100% | 100 103% [at 9.50 upward; 101 107% | 989 %% 1% 105% 102% | 5la 724 vl 664 s 954 8% 115% | 954 102 8% 864 94% 10345 66 89% 101% 97% 514 974 87 101 1024 9% 85% 954 102 109% 87% 10315 60 864 84% 1034 €6 904 101% 977 614% 98% o7 1021 102% 9% 5% 95% 1024 109% 97% 1034 6074 924 694 29% 673 (%) 1Y 61% &6 96% 107% 97y 106% 44 100 937 1024 9% 110% 108 190% 9914 95% 5% 89% 26 894 T 93% 100% 924 87% 102% 83 90% 87 101% 844 80 80 8% 81% 95% 87% 91% 79 103% 106% 110% 87 b8 37% 864 100 93% 94% 99% 99 103% 103% 100% 101% 91% 695 29 67 6845 e 61% 86 967 107% 7% 106% 4% 100 937% 102% 974 110% 108 1004 98% 95% 954 894 96 £9 % 92% 99% 913% 874 102% 88 904 6% 101% 8444 80 80 3 S1% 96% 97% 914 79 103% 106% 110% 87 56% 37% 8615 100% | | | steers and yearlings of value 1 ON GROP REPORTS) 10 LOCATE UPTOWN Better Outlook in Kansas|Will Occupy 1408 H Street on Weakens Market—Corn and Oats Lower. By the Amsociated Pre CHICAGO, May 21.—Wheat turned downward in price today after initial gains. Reports were current that all through the western part of Kansas the wheat crop shows decided fmprov ments and that present conditions in- dicate a yield above the average. A widely known expert was quoted as authority for predictions that much of western Kansas would yield 30 bushels to the acre. Opening prices, unchanged to 1; higher—May 1.70 and July 1.55% to 1.553—were follow- ed by moderate further gains and then by a setback all around to below ves- terday’s finish. Persistent selling weakened the corn market. Country offerings to arrive were reported to have enlarged. After opening at lower to !5 higher— July 1.1513—corn prices underwent a decided genera} sag. Oats were easy, sympathizing with corn. Starting at % off to 13 up— Wuly 447 to 45—the market kept near to opening figures. Provisions were a little firmer. WHEAT— Open. Low. Close : 7% 2 May quly == September . DATS May July il September .| RD— 16.00 16710 CHICAGO LIVE STOCK MARKET CHICAGO, May 21 (United States Department of Agriculture).—Ho; Receipts, 30,000 head; uneven; fairly active; opened steady: later sales most- Iy 10 higher; light-light and killing pigs show 15 to advance; big pack- ers inactive; bulk, good and choice, 140 to 150 pound welight, 12.25a12.40 top, 5 pound aver- ages, 5a12.35; 240 to 325 pound butchers, largely 12.05a12. mostly 10.65a11.00; welght slaughter pi heavy-weight hogs 12.10a12 light, 12.00a12.40; light ight, 11.30a12.50; packing hogs, smooth, 10.80a11.15; packing hogs, <h, 10.50a10.80; slaughter pigs, al2.25 Cattle—Receipts, 12,000 head: to s fully steady grades steady to weak: shipping d mand fairly broad; yearlings and well finished medium weight in broadest nd; part load long vearlings ; load lost, 11.40; tured steers averaging 1 515 Ibs., 11.00; {several loads medium long vearlings {and medium weight, 10. vearling heifers scaling Ibs., 11.25; light heifers grading good and better active; fat cows slow; little change on canners and | cutters; strong-weight cutters, 3.50 and better, some uneasiness on bull tical top on heavy bolognas, 5. ding, 50c lower on vealers; most 8.50a9.50, with choice light offerin, around 10.00; outsiders buying spar- ingly at 10.50a11.00. Sheep—Receipts, 11,000 head: s sentiment strong to higher on C fornia springers; few early sales odd lots fat nativi 14.50a15.50; 12, ers bearish on cllm)ed lambs steady; off lots of fat heavy 7.00a%7.75; heavies downward to 6.25. prac- FOREIGN EXCHA) Nominal Selling checks gold vali y. London, pound Montrea). dollar Rome, Zurich, Athens, drachma. Madrid, peseta Vienna, crown 000014 1 Budapest. crow: o 00014 30 Copenhagen, crown.. . Christiania, ecrown 1687 Stockholm, crown 2676 exchanges irregular. Quotations, in cents: Great Britain, demand, 4854 cables, 486%; 60-day bills on ban France, demand, 5.15; cables, Italy, demand, 4.061%; cables, Demand: Belgium, 5.00; Ger- 23.80; Holland, 40.17; Norw 16.81; Sweden, 2 Denmark, 18.81 Switzerland, 19.34; Spain, 14.56; ece, 1.73; Poland, 19%; Czecho- slovakia, 2.961; Jugoslavia, 1.621; Austria (schilling), .14%; Rumania. A4TY gentina, 40.50; Brazil, 10.35 42; Shanghal, 75; Montreal, 100. ——— C. & 0. HEAD AWARDS $1,300,000 GONTRACT Special Dispatch to The Star RICHMOND, Va.,, May 21.—Addi tional improvements to the present facllities at Russell, Ky., will be made by the Chesapeake & Ohlo at an aggregate approximate cost of §1,- 300,000. President Harahan stated that a contract for building a roundhouse, machine shop, power house, store- house; engine supply house, water | columns and engine washing plat- forms has been awarded to Joseph | E. Nelson & Son of Chicago. FURTHER ADVANCES IN COFFEE PRICES NEW YORK, May 21 (®).—Coffee prices scored further advances of % to % of a cent a pound, May contracts touching 16 cents pnd July 16.80. Large overnight sales of cost and freight cof- fee, coupled with a recent advance in mild grades, alarmed shorts, who covered freely in the face of limited offerings. DIVIDENDS RESUMED. NEW YORK, May 21 (#).—Divi- dends on the common stock of Cer- tainteed Products Corporation was resumed today with declaration of quarterly disbursements of $1 a share. The previous quarterly payment had been $1 on January 1, 1921. The reg- ular quarterly dividend of $1.75 on the first and second preferred also were authorized. e TODAY’S METAL PRICES. NEW__YORK, May 21.—Copper quiet. Electrolytic, spot and futures, 13%, asked. Tin firm; spot and near- by, 55.25; futures, £5.00. Iron steady; prices unchanged. Lead firm; spot, 8.00a8.25. Zinc steady; East St.,Louis spot and futures, 6.95. Antimony, spot, 17.00. 7% 96% 66% ‘Wabasb 2d 5 Wllhllhflfil-"l.lal Western Md 4s.... 9% 96% 674 97% “% Western Pacifiobs 2 Wheel & LE cn 4s. 12 Whel & LE rf 438 18 95% 844 1% T4% bid- | (Quotations furnished by W. B. Hibbs & Co.) | NEW YORK, May 21 (P).—Foreign | | early top ma-|j v: | Virginia | i ! 1 | earnings | ments was respon. June 29—0ther Local Financial Notes. BY CHAS. P. SCHAE! ER. Simultaneous with the adm: of the Morris Plan Bank of W ton to membership in the I Columbia Bankers' Associ the announcement this mornir the institution will migrate to the ce: tral financial district, and has 2 leased quarters at 1408 H street r west, to be occupied on after June 29 n The new location, measur square feet of first floor ave: additional 3,000 square feet el is the site formerly occupied by J. Maury Dove Co. very h of the uptown financial territory. present front of the building w torn out and a banking frc tuted, with limestone columr propriate architecture. The wh terior will be remodeled and thor Iy renovated apd redecorated banking room equipped wi banking fixtures of the Business of the institut cently grown to such an exte its present quarteys, at Thir 1 streets northweft, were i« inadequate to lonker house i tions. or sho L3 here, the I be subst Local Exchange Quiet The United States Ch merce meeti; held here. again took 1 stock exchange this mornir ty of members restrict minimum Investment pi to 9% on sales of 50 preferred wa was dull, $5.000 par, £1,000 Ra Potc More Cups Offered Bankers. Reservatior »f next 1 able impet ver cups. Lachlen and H be awarded to | golf contestan the handson v other awards luring pract Figures just Life Insur show the for April last than the volu is e written during April The month’s total of $711,504,000 is the highest monthly amount on re ord with the exception of Decenme {last show all but one s stantial increases section declinec isions repor per cent Farm Loan Bonds on Sale. Brooke, Stokes & Co. table Trust Co. of Bait fering today $300,000 nd > Maj fter. and t Baltimc at 1 cent thery | WESTERN MAF&LARD RY.s EARNINGS STILL DOWN ial Dispateh to T BALTIMORE e Star May of the W 122" for r ago, the correspondi 3 a de ver 3 For the y totaled $7,110.903 year ago, a de per cent. Falling off in coal and coke ship- ible for more h half the shrinkage in opera nues for the period, loss source amounting -to $1% EXPORT GASOLINE PRICE AND NAPHTHA ADVANCED NEW YORK, May ) Standard Oil Co. of New | today advanced export gasoline cent a gallon to 16 cents for U Navy grade and export naj cents. Refined oils for exy > reduced 13 cent to 6 cents and water white to 7 cents, GULF SULPHUR EXTRA. NEW YORK, May 21 (@) tra dividend of 50 cents a declared today by the Texas Gulf, Sulphur Co. in addition to the reg- ular quarterly disbursement of $1 Both are pavable June 13 to of record June 1 EXCHANGE REACTS LONDON, May 21 (#).—Yesterday effort of sterling exchange as repre- ~en!9(l by cable transfers to resch parity was followed today by a slight reaction. At midday the quotation was $4.86%, the decrease oceur under some profit-taking. RAW WOOL STRONGER. BOSTON, May 21 (Special).—Busi- ness in the raw wool markets con- tinued on the increase today, but prices showed little quotable change.” The speculative buying continue: large dealers apparently being con- fident of better prices later. Pulled wools of the AA grade have sold as high as $1.30, and the Bs §1 $1.10. Fine scoured is selling at §1 CALL MONEY FIRM. NEW YO}H\ May 21.—Call money fi 3%; ruling rate, g bid, 3%; offered at 4; last call ‘loans against accept- Mme loans s mixed 3%; 4-6 months, 3%ad; prl'me “commercial paper, 3%as. MILIS OMIT DIVIDEND. NEW YORK, May 21 (®).—Direc- tors of the Acushnet Mills of New Bedford, Mass., today omitted the quarterly dividend of $1.50 a share, due at this time. TREASURY CEBTIFIEATES (Quotations furnished by Redmond & Co.) An ex share was stocl 38 June 15, 1925.. 2% Sept. 15, 1075 g 1 k9 Dec.'1 Dee. 2322283: ;_-.‘:,v'z