Evening Star Newspaper, May 24, 1925, Page 88

1924 High. Low. 64 61 93% 73% 16% 6 54 28% g 98 6T U% 4y 1% % 122 9615 8% 65 118% 110 3% 41% 1047% 90 1% 7% 49% 18% 56 b2 49% 36 83 68y 38% 224 102 76 110 104% 163% 95% 19 25 40% 39 2% um 1824 14% 72% 26 83 B5% 12% 28% 53% 109% 120% B4 136 3 40% 15% 100% 1075 153 49 83y 61% 36 9% 77 285 6% 69 271 431 381 184% 1214 89 82 871 81% 106% 101 115 106 4% 24 101 89 102 66 78% b1k 102% 90 1 2% 7 36% 24 481 284 22% 12 464 25 46% 25 91% 90 94% 834 H% 6 16% 14% 140% 79 94 83y 102% 89 34% 274 120% 7% 96% 86% 5 1% 152% 112 28 10% 31% 124 140% 78% 118 108 Baw 47 1w 5 354 18% 81 79 8% 1% 134% 104% 84% 524 6614 B6% 444 39% 95 86 23% 14 17% 10 B9 83% 98 95% T2 44% 624 3T% 110% 102 87 8%% 6 1% 124% 107% 4% 18% 1 T5% 4% 82% b56% 76% 389 5% 1 661 40 66 40 87 T0% 871 T0% 5215 50 112% 95 99% 95% 29 19% 67% 62% 73 60 9% 3% 26% 14 26% 17 4% 1 106% 80 204 19% 107 924 6% 24 58% 41% 19% 134 156% 142% 23 23 35 14 77 40 21% 9% 58% 29% 35% 25'. B6% 40% 441 24% 3% 87 73% 661% 26% 98 67% 109% 99% 10% 3% 18% 8w 88 21 62% 37 11% 4 81% 10% 18% 0% 324 i T5% 114% 100% 60 7% 7% 94 61% 38% 29 160% 7 6% 834 929 B4% 49 66% 48 105 55% 58 181% 129% 66% 114% 30 3% 9% 8 69% 109% 8% 43% 123% 43 76 97 38% 100% 18 n% 8% 6% 844 661 424 9413 30 23 63% 98% 74% 53% 116% 102 42 304 140% 45 81% 91% 95 49% 5% 924 92% 9874 99 521 109% 974 28% 824 118% 18% 854 8% 24% 28% 2% 114% 32% 123 4% 58 185 152% 78% 6 21% 66 _ sl 473 551 49% 4 95% 86 375% 99% 110 10% 19% 36% 5T% 15 32% 16% 281y 5% 11 98% 54'% 891y 99% 108 55 B6% 37% 28% 164% 0% 1% 116% 101% 48% 66% 64 69% 108% 51% 67 190 189 43% 17 40 934 89% % 70% 120% 11% 41% 123% 1 51 9% 96 83% 101 14% 62% 6% 28% 78 58 aa ® FINANCIAL. Abitibl Power & Paper.. Adams Express. ‘Advance Rumley. Advance Rumley pf. Ahumada Lead Alr Reduction Ajax Rubber. Alaska Juneau. All Am Cables (5) Allled Chemical & Dye.. . Allied Chemical & Dye pf. Allis-Cha'mers Mfg. . Allis-Chalmers Mg pf. ... .. ‘Am Agriculture Chemical. Am Agriculture Chemical pt ‘American Bank Note pf..... American Beet Sugar. . ‘American Beet Sugar pf. American Bosch Magneto. ‘Am Brake S & Foundry..... Am Brake Shoe & Fdy pf.. American Can. .. ‘American Can pt American Car & Fou Am Chain Class A. American Chicle. American Chicle ctfs American Chicle pf. . ‘Am Druggist Syndicate. American Express. Am & Foreign Power. Am For Power 25% paid.. Am & Foreign Power pf. American Hide & Leather. Am Hide & Leather Df American Ice. American Ice pf American lntel’nnllol’ml - ‘Am La France Fire Engine American Linseed. . s American Linseed pf . ‘Am Locomotive. ‘American Locomotive pf American Metal. American Radlator. Am Railway Expre: American Safety Razor. Am Ship 'ommerce. . American Smelting & Ref. Am Smelt & Refining pf. American Snuf?. . Amertcan Steel Foundry. . American Sugar Refining. Am Sugar Refining pf. Am Sumatra Tobacco Am Sumatra Tobacco pf. . Am Telephone & Cable. Am Telephone & Teleg. Amer Tob new) .. Amer Tob B (new) Amer Tob pfd. . Amer Type Fou Amer Water Wks (n Am Water W. Elec 1st p! Am Water W & El par pf. American Woolen. .. American Woolen pf. Am Writing Paper pf. ‘American Zinc Lead & S. ‘American Zinc L& S pf. Anaconda Copper..... Ann Arbor. .......... Ann Arbor pf. . Archer Dan Midland. Archer Dan Midland pf Armour of 111 (A) . Armour & Co 7% pf. Arnold Constable & Co. Artloom Corpn Artloom Corpn pf Art Metal Construction Asso Dry Goods Associated Dry Goods 1st. Associated Dry Goods 2nd. 105% 1,50 Associated Oll (new) .. 40% 7 Atchison, Topeka & S Fe.... 121% 5 Atchison Topeka & S Fept 96 Atlanta, Birmingham & At.. 5% Atlantic Coast Line 4 Atlantic Gulf & West Ind.. 467 Atlantic Gulf & W I pf. 45% Atlantic Refining . = i Atlantic Refining pf... 116 Atlas Powder. 4% Atlas Tack 11% Austin Nichols Austin Nichols pt. . Auto Knitter Hoslery Baldwin Locomotive. Baltimore & Ohlo. . Baltimore & Ohlo pf. Bangor & Aroostock. . Banger Aroonstook pf. Barnsdall, Class A. Barnsdall, Class B Bayuk Bros. . Bayuk Bros 1st pf. Beechnut Packing Bethlehem Steel Bethlehem Steel, Bethlehem Steel pf new. Briggs Mfg Britieh Empire Steel . Brooklyn Edison Electric. Brooklyn-Man Transit. Brooklyn-Man Transit pf. Brooklyn Unior Gas Brown Shoes Brunswick-] Ealka Brunswic Buffalo, Rflr]\ & \"Hl Buff Roch & Pitts odd lot Buffalo Roch & Pitts pfd.. Buff Roch & Pitt pfodd lot 95 Buffalo & Susqehanna pf.. 51% Burns Brothers. Burns Bros. pt Burns Brothers Cl Burroughs Adding Ma. Bush Terminal. . . Bush Terminal (n)... Bush Terminal deb Butte Copper & Zinc. Butte & Superior. Butterick Company . Caddo Central Ofl Ref... California Packing. . California Petroleum (new) $30% California Petroleum pf. ... Callahan Zine & Lead Calumet & Arizona. Calumet & Hecla. ‘acific. hfield & Ohlu esh Mach. Case Threshing Mach pf. Central Leather Co. . Central Leather Co pf. Central Raiiroad of N Century Ribbon Mills Cerro de Pasco Copper. . Certain-Tecd Products. . Certin-Teed Prod 1st pf. Certainteed 2d pf... Chanaler Motor. ... Chesapeake & Ohlo. . Chesapeake & Ohio Df. Chicago & Alton. ... Chicago & Altorrpf. Chicago & East Illinofs, Chl & Eastern Illinols pf. Chicago & Great Western. .. Chicago & Great Western pf. Chi, Milwaukee & St Pau. Chi, Milwaukee & St P pt 15% Chitago & Northwestern. B8t Chicago & Northwest pt.... 107 Chicago Prcumatic Tool.... 96 Chicago. R [ & Pacific 48 Chi, R1 & Pacific 6%. 884 Chicago R I & Pacific 7%. 3 Chic St Paul M & O pf. 4 Chicago Yellow Cab... $2.40Childs Company. 215 Chile Copper Chino Copper. Clev., Cin.. Chi & St L, 4 Clev. & Pittsburgh odd lot.. 70 Cluett-Peabody. . ... [ 60% Coca-Cola. L 116% Coca-Cola p 101% Colorado Fuei & Iron. . 40% Colorado Southern. . ... 63 Colorado Southern 1st pf. 62y Columbia Gas (new). 69% Columbia Gas & Elec pf 108% Columbia Carbon. ... 50% Commercial Invest Trust.. 58% Commercial Solvents, A Commercial Solvents, B. Congoleum-Nairn. . Conley Tin Foll (sta). Consolidated Cigar. Consolidated Distributors. Consolidated Gas new . Consolidated Textile. ... Continental Can. . Continental Insurance. Continental Motors. Corn Products Refining. Corn Products Ref pf Crex Carpet. . . Crucible Steel. . Crucible Steel pf. Cuban-American Sugar. Cuban-American Sugar pf Cuba Can Sugar. . Cuba Cane Sugar pf...... Cuban-Dominican Sugar. Cudahay ctfs.. 3 Cushman’s Sons ( 1 L[] ] agme[ana| [asas||aze|on E3 |23 7 M e Z2|=|as]] mao | wasnan 9 daq-«a:! \..] w i S w © ms: lg.-mlmlg—am[sqi ! |.m..m..!.-| [..,I [ 1..| Mevanha | Bl 534 201 10% = San & ..-.-| | 1 Swassan Pll+t 44444 + ++++ett B N I I it o o o S St S R o S e o L L R A A r s AR L L S AN N A P44+l 44+ 444+ 1+4+1 0114+ L4+ 4+t [ +4++ 4 P4+ | 44+ i1+t ++0 F 4+ Lo RN | +4+ + o+t LEL+4% 40411 [ Ter TR 28 sefezeveR rEses seeF 8 B 2Fr8ex N Srom = FEE FREFFEFTEEF 2z 33 THE SUNDAY STAR, WASHINGTON, D. C, ‘Weoek ending May 23, 1935, Not. Danlel Boone Mills... — Davisou Chemical Deere & Co pf. Delaware & Hudson Delaware, Lacka ¥ W 0 — Den. Rio Gr. & Wast Df. 125% Detroit Edison. . 26 Dodge Brothers (TG 79 Dodge Brothers pf. . Dome Mines. Douglas & Pectin. Duluth So Shore & At..... Duluth So Shore & At pf.. Du Pont de Nemours . Du Pont dc Nem 6% deb. Duquesne Light 1st pf Eastman Kodak. . Eaton Axle & Spring. Electric Power & Lt 144% 60 ectric Power & Lt full pd ectric Storage Battery. Emerson-Brantingham Emerson-Brantingham pf. Endicott-Johson. . Endicott-Johnson pf Erle Rallroad. . ... Erie Rallroad 1st pf.. Erie Railroad 2d pf. change Buffet. Fairbanks, Morse & Co. Famous Players-Lasky. Famous Play-Laskey pf. *1.40Fed Light & Power (n). *7 Federal Licht & Traction. .. 4 —— Federal Mining & Smelt’s. 7 Federal Mining & Smelt pt 6 Fidelity-Phoenix Fire Ins. Fitth Avenue Bus. . Fisher Body (new). Fisk Rubber. ... Fisk Rubber 1st pf...... Flelshmann Company. .. Foundation Company. ... Freeport-Texas. . Gardner Motor General American Tank. General Asphalt. . General Asphalt pf. General Baking. General Cigar. General Cigar 7% de General Electric. . . General Electric special General Motors (new) Gen Motors (7) pf. General Petroleum. General Refractories. Gimbell Brothes Ginter Company . Glidden Company. . Gold Dust Goodrich (BF) Company ... 7 Goodrich (BF) Copf.. 7 Goodyear Tire & Rubber pf 8 Goodyear Tire & Rub pr pf. Granby Consolidated. Great Northern p Great Northern Ore Great Western Sugar. . Great Western Sugar pt Green Bay & Western. Greene Cananea Copper. Guantanamo Sugar. Gulf, Moblie & Northern 6 Gulf, Mobile & Northern pt 5 Guif States Steel. - 7 Hanna (M. A.) st 4 2.50 Hartman Corporation 6 Havana El Ry Lt & Power. 3 Hayes Wheel.. 71 Hayes Wheel pf. 3 Helme Geo W.. 4 Hocking Valley odd lot 4 Hoe Company. 47 Homestake Mining 3 Household Products. Houston Ofl. . Hudson Manhattan. Hudson Man pfd. Hudson Motor Car Hupmobile Motor Car Illinols Central : Tllinols Central pf. Independent Oil & Gas Indian Motorcycl Indian Refining. Indian Refining pf.... Ingersoll-Rand odd lot Iniand Steel. ... Inland Steel pf Inspiration Copper Interboro Rapid Transit. Intern Agriculture. Int Agricul prior pf. Internat’l Bus Machines. International Cement. Internat’l Comb Engi International Har, new. Inter Harv pf (new). Inter Mercantile Marine. Int Mercantile Marine pt.. International Nickel - International Paper. . Inter Paper pf stamped Int Rys of Cent Am International Shoe. Tuternational Shoe pf. Inter Telephone & Teleg. . Intertype Corporation Jewel Tea. Jewel Tea pf. Jones Bros Tea. ... . Jones & Laughlin pf. Jordan Motors Kan City Pg & Lt pf Kanuas City Southern Kansas City Southern pf.. Kansas & Gulf... Kayser (Julius) & Co. Kayser (J) &Colstpf..... Kelly Springfield Tires. ..... Kelsey Wheel. Kennecott Copper-.. . Keystone Tire & Rubber. Kinney (GR).. Kinney Co (G. R.) pf. Kresge (8 S) Company. . Kresge Dept Stores. Kresge Dept Stores ! Laclede Gas of St Loui Lee Rubber & Tire Lehigh Valley . Liggett & Myers Liggett & Myers (B) Liggett & Myers pt. Lima Locomotive Loew's, Incorporated. Loft, Incorporated. Long-Bell Lumber A. Loose-Wiles Biscuit Lorillard, P Louislana Ofl.. 106 6 Louiaville & Nashvill 81% 2 Ludlum Steel.. 79 1.60 McCrory Stores B. 102% 7 McCrory Stores pf.. li: McIntyre Porcupine Mines. 68 117 104 99 69% 34 215 424 64 3244 20% 28% 25% % 56 43% 34 25% — 25 16 46% =] aa] e[ =] [ ] =] reres ¥ 6 1 e Mack Trucks Ist pt. Mack Truck 2d pf. . Macy (R H) & Co Magma Copper. Mallinson & Co. . . Manhattan Elec Supply Manhattan Elevated. Manhattan Eievated gtd- Manhattan Shirt. .. Mantla Electric. . Maracaibo Oil. Market Street Rallway . Market St Raflway pr pf. Market St Raflway pf. . —— Market St Rallway 2d pf. 82% 75c Marland Oll & Refining. 18% 10% 1 Marlin-Rockwell 874 25% 4 Martin-Parry......... 84% 51 Mathieson Alkall. 12 4% Maxwell Motor (A). 111% 107% Maxwell Motor (A) ctfs. 96% 33% Maxwell Motor (B). .. 5% T1% Maxwell Motor (B) ctfs 128% 101 May Department Stores. 22% 18 Metro Goldwyn Ple pfd. .. 101 97% Metropolitan Edison pt 221 11% Mexican Seaboard 24% 8 Miami Copper. ... . 35% 26% Mid-Continent Ofl. 91 83 Mid-Continent Of1 pf. /% Middle States Oll. .. . 116% 96 Midland Stl Pr pfd (8) 4 2% Minneapolis & St Lnew.. . 56% 30% Minneapolis, St P & SSM. 71 40 Minneapolis StP & SSM pf. 63 58 MstP&ssuleueaune 404 28y Mo Kan & Texas new 87% 4% Mo Kan & Texas pfnew. ... a1 30% Missour1 Pacific. 83% 71 Missourl Pacifis pf. 86% 64 4 Montana Power. 113 109 7 Montana Power pf. 56% 41 —— Montgomery Ward. 28% 22% 3 Moon Motors. . 9% 6 % Mother Lode Coalition. 26% 18 1.20 Motor Wheel.. 21% 14% — Mullins Body. 34 30% 3 Munsingwear. 42% 32% 2.40 Murray Bod. 430 198% t11 Nash Motors. 106 103% 7 Nash Motors pf Class “ D |||;Em[.1mquo.q_ 11 el abe ) P (il = High. Low. Close. 2% 2% 2% 42% 33% 40% 96% 96% 96% 151% 149% 149% 142% 135 142% 40 38 40 125% 118% 126% 26% 24 25 7% 6% T6% 13% 18% 18% 19% 18% 18% 4 3% 6% 5% 169% 163 97% 974 109 109 110% 110 19 18 87 32% 107% 104 108 106% 66% 65% Chge. R AR P4+4+1 [ 4+++4+ T4+t |+t I +1 R (441 P bbbl e bbb R+ L R e Fhb Lt At I I+l +1++1 11 L4+ |+ e e e CT RS R N R R ] % 6% kel Y % 2 T% % 2FrsessRas = FEESE o - @ & FL EETEERES =3 e 222 s 116% 37 64Y% 121% 53 43 224% 25% 41 64% 169% 104% 142 168 24% 87T 106% 143% 4% MAY 24, —-—1925—— Div. High. Lew. Rate. 155 48 17 T A% —— 75 65 12815 123% 78 65% 104 99 58% 42 43 881 - 102 96 374 30 69% 521 6% 26 89% 79 1667 13815 118 116 Nashville, Chat & 8t L. National Cloak & Sult. National Cloak & Suit pf. Nat Dairy Products. .. Nat Department Stores. Nat Dept Stores 1st pf ational Distillers. . utional Distillers pf. Nat Enamel & Stamping Nat Enam & Stamp pf. Natlonal Lead. ...... National Lead pf Nat Rwss of Mex 15t pf. Nat Rwys of Mex 2d pf. Natlonal Supply. Nevada Con Cnpper ‘High. .. 144 6 6714 128% 76 L 102 58% 41t 97 37T% 69% . 29 51 157% 'ms 5% 2% 2oean 13% Newport News Gas & Elec. 65 New York All Brake. N Y Air Brake Class New York Canners. New York Central. New York, Chi & St Louls. New York, Chi & St L pt New York Dock. .. New York & Harlem. ... New York, N H & Hart. N Y.Ontario & Western. . N Y Rallways (part ctfs).. N Y Raiflwas pf trust ctfs. New York Shipbuflding. . - NY State Railways. N Y Steam 1st pf. Nigara Falls ... Niagara Fis Pwr pf (1% Norfolk Southern. Northfolk & Western. North American. . North American pf. Northern Pacific. Nunnally & €o. Ontario Silver Mining. Orpheur Circutt Otis Elevator (ne Owens Bottie Pacific Gas & Electric. Pacific Matl Pacific Oil.. Packard Motor Car. . Packard Motor Car pf. Pajge-Detroit Pan-American Pet Trans Pan-Am P Trans Class B. Panhandle. Panhandle pf. Park & Tilford. Pennick & Ford Penna Coal & Coke Pennsylvania Ralroad. Penn Seaboard Steel People's Gas, Chicago. Peoria & Eastern Pere Marquette Pere Marquette pf. Pere Marquette pr pf. Philadeiphia Company Philadelphia Co pt Phila & Reading C Philip Morris & Co. Phillips Petroleurn Plerce-Arrow. Pierce-Arrow pf. Pierce-Arrow prior pf Plerce Oil Plerce Oil pf Plerce Petroleum Pittsburgh Coal. Pitts FtW & Chi pf o Pittsburgh Ter Coal. +1.20 Pittsburgh Utilitfes pf #1:20 Pittsburgh Utilites ctes Pittsburgh & W Virgina. Postum Cereal. Pressed Steel Car. Pressed Steel Car pt — Producers & Refiners. Producers & Refiners p! 47 b2% 46 118% 124 91 25% . 174% 3415 . 26% 285 10% i Pub Service Elec & Gas pf. Public Service new. FPublic Service 7% pf Public Service 8% pf Pubilc FPuliman Co Punta Alegr Pure Oil. .. Pure Oil pf. - Radlo Corp. of America. Radio Corp. of Am. pfd Railway Steel Springs. .. Rail'v Steel Spring pf Rand Mines. ... Ray Consolidated Reading. . Reading 1st pt. . Reading 2d pf. Reis & Co.... Reis (Robt) 1st vfd Renangton Typewriter. erv Elec Power p Remington Typewr 1st pf. Remington Typewr 2d pt Replogle Steel. .. Republican Iron & Steel Republic Iron & Steel pf.. Reynolds Tobacco, pf. . Rossia_Insurance. % al Dutch ctfs (N Y). Rutland pf. St Joseph 1. St Lows- &t Louis-San Fran pf. . St {.0uis Southwestern. St Louis Southwestern pt Savage Arins. . . Schuite Stores. . Schulte Retail Store: Seaboard Air Line. ... Seaboard Air Line pf. Seagrave Corpn Sears-Roebuck. . . Shattuck Arizona. R P Shell Union Ol. ... Shell Union Oil pf. Stmmons Company Simmons pf. . Simms Petroleum. Stnclair Con Oil. Sinclair Con Oil pf Sketly Ol Sioss-Shef Stl & Iron. Sloss-Shefficld S & I pf. South Porto Rico Sugar. Southern Pacific. Southern Ratlway. Southern Railway pf. Spear & Co. E Spear & Co f... : Spicer Manufacturing. Spicer Mfg pf. Standard Gas & Electric. Standard Gas & Elec pf.. Standard Milling. Standard Oil of Californ! Standard Oil of N J. Standard Oil of N J pt. Standard Plate Glass. Sterling Products. Stern Bros pfd. . Stewart Warner Speed. Stromberg Carburetor. Studebaker. . eee Studebaker pf. Submarine Boat. Superior Ol Superior Steel....... Sweets Co of America. Symington. . Symington (A).. Telautograph Cp. ... ~aroante S 55 61 a1% 112 8% 4 20 5% 10% 204 1% % 42% 97% 43% 11% % 122 37% 70 93% 3% 25% 58 94% 38% 36 ] [ | | {4>mmmsl-:~umuam| Smanaaan B 3 Texas Company. .. Texas Gulf Sulphur. Texas & Pacific. . Texas & Pacific Coal. Third Avenue. Tide Water Oil Timken Roller Bear. Tobacco Products. Tobacco Products. ‘Transcontinental Oil Transue & Williams, Twin City Rapid Transit. Twin City pf Underwood Typewriter Union Bag & Paper. | ame] e || Union Ofl of Calif. Union Pacific. . Union Pacific pf. 118% Union Tank Car-. ... 113% Union Tank Car pf. 24 United Alloy Steel. 60% United Clgar Stores. 110% United Drug. 52 United Drug 15t pf 12 United Dyewood. . 204% United Fruit. . 18% United Paperboard.. 18% United Railway Invest. 481 131% 100% 30% 130 23 76 105 114% United States R & Imp. 33% —— United States Rubber.... 36% 133% 73% - aoeBh 3 U S Cast Ir Pipe U 8 Distributing Corp'n U. S. Distributers ptd. U'S Hoffman Machine U & Industrial Alcohol -“1"“l“| AE: Shattuck (Frank G)...... Tennessee Copper & Chem. 1925—PART 6. ‘Week ending May 23, 1085, Net. Low. Close. 144 144 5% 6 65 674 128 128% 1% 724 1013 101% 53% 58% 41 41% 97 97 32% 36% 641s 69% 29 79 148% 118 13 2% 62 12% 65 45% 2% 3% 116% 123 90% 26% 174 324 244 282 9% 21 391 98% 69 28% 80% 129% 49% 48% 62'% 9% 6 127% 114 11% B9Y 46% Chge. 1 1% : B A R A T S S S EREERR TN [ I B o e I e A B e | R P4t | bttt o FFOREEF £ B S o I I I B I S I o o A o e S I R | g 001 E3 FFE Llttrts] +4 +4+ 1+ 1+ +HIFIHEEI+E 1+ % #7Fe ¥ © ® | take profit in recent FINANC ‘Wabash. . West Penn Western Western - Weston Ele Wheeling & Wheeling & 45% 33% 2 14 —— Barnesdall based on the latest quarterly or half Oils Again By the Aseociated Press NEW YORK, May 23.—The stock spite an unusually large profit taking and short selling. More than a score issues, including such favorites as American Can, Interna- tional Paper, American Tobacco and Nash Motors, were lifted to new peak prices for the year. Public participa tion was again on a broad scale, total sales running above 900,000 shares for the two-hour session, with brokers | reporting very heavy buying from the Middle West. Technical Reaction Seen. Professional traders wers quick to rong spots and to buy other stocks considered “‘ou line” with the general market. The bear selling was attributed in some quarters bellef that a technical reaction was warranted after three weeks of almost steadily rising prices, and in others to the speech of the British Ambassador at the American Iron and Steel Insti- tute dinner last night in which he de- clared that Great Britain must expand her foreign markets, particularly in ed States, if she was to con- yment on Ame s debt. ators on the Jong ‘1\4!‘ we n- { couraged, however, by the continued | case of money, stiffening commodit and the more cheerful tenor of - weekiy mercantile review Reports from the oil trade that an ontinent crude prices BOND AVERAGES ARE HIGHEST IN YEARS Saturday Trading Ends With Prices Riding Crest of Week’s Advance. By the Associated Press. NEW YORK, May 23.—Bond trad- ing the crest of the week’s advance which carried the “averages” of repre- sentative issues to the highest point in several years. Today's abbreviated market session developed no striking price move- ments, but moderate gains were re- corded by an assortment of rail, public utility and industrial liens. Profit tak- ing cropped out in several sections of the list, but failed to check the up- ward movement. The interest of investment circles was occupied chiefly with the an- nouncement that Argentina had closed negotiations with a_strong banking group headed by J. P. Morgan & Co. for flotation of $45,000,000 refunding loan. The proceeds. it is understood, will be used to consolidate a number of short-term issues, three of which mature this vear. The transaction marks two Important changes in Ar- gentina’s financial policy—the estab- lishment of new banking connections and a switch from short-term to long- term financing. Buying of rallroad issues today cen- tered in bonds of the Western carriers, including Chicago Great Western, Chi. cago, Terre Haute and Southeastern, U S Ruibber 1st pt. - USSnelting & Ref....... 37 U S Smelting & Ref pf..... 44% United States Steel. . . United States Steel pf. — Unlversal Pipe. 38 Univsl Pipe & Rad of (7) Utah Copper. ... 90 Utah Securitles - 1577 146 Vanadium Corporation. % 2 Van Raalte. .. R Van Raaitc 15t pf.......... 173 73 Virginia-Carolina Chem i 4% Va-Car Chemical ctfs. ... 1% Va-Car Chemical pt Virginia Rallway & Power 119% 103 114 Va Rwy & Power pf..... E 97 V Vivadou Inc. 1 14 Wabash pf A. 5% 67 Wabash pf B. Waldorf Syste 613 16% Ward Baking Class A..... 162 128 150 Ward Baking Class B..... ! 51 Ward Baking plo......... Wells-Fargo. .. West Penn pf. . Weastern Electric pf. Western Maryland. Weston Electric (A). White Eagle Oil. White Motors. 2 Wickwir Spencer. . Wickwire Spencer ctfs Wilson & Co. Wilson & Co pt. Wilson & Ci Willys-Overland. . Willys-Overiand pf. Woolworth (new). Worthington Pump. 79 Worthington Pump A. 66 Worthington Pump pf B. 16 ‘Wright Aeronautical. 3% Wrigley (Wm) Yellow Cab. ... 63 Youngstown Sheet RIGHTS. noted. extra or special dividens are not included. SCORE OF STOCKS HIT NEW PEAKS IN SPITE OF WEEK END SELLIN market was strong in spots today, de- | volume of | to the growing speculative | ing-ended today with prices again rid- | IAL. Week ending May 23, 1925. Net. High. Low. Clows. Chge. 99% 98y 99 35% 36l 44% 44 . 120% 116% 118% 124% 122% 124% 35% 764 Fhtbt bt 16% 29% 497% 100% Co (The).. P R R ryland 2d pf. acific Western Pacific p! Western Union Teleg. ‘Westinghouse Alr Brake. Westinghouse Elec & Mfg. ctric Inst . Lake Lake Erle p( B b 0 ctfs. . [ H4++44+1 4t 17% —— Reading Railway.... .19 9% + 12 -——— Vivadou receipts. Dividend rates as given in the above table are the annual cash payments yearly declarations. Unless otherwis t Partly extra. Saturday Market Strong in Spots—Sales Above 900,000 Shares—Professionals Grab Profits. Purchased. nt brought fresh buying into s, particularly those known large current earnings, jis imm those s ve a good demonst r trength on rumors of “inside buying,” Schulte standing | with a gain of 2 points. Paper stock wers bid up ust before the close, Tntern: - being run 315 points to 7 est price in several year han 10 points above th ks low, while Union Bag soared nearl points to en eased to Other strong spots it list included May Depa “onsolidated Gas the industrial rtment Stores. Aeroplane. Natio United States Indus Simmons Co., Interna | tional e, Brown Shoe and Plerce Arrow, common and prior preferred all *h broke through to new maximum prices Alcohol, | | Caution in Rail Issues Buying of the rails was of a selec- | tive character, with the best demand ted for those issues which are ex ke a favorable showing | in their April earnings statements, due {to be published next week. ial rength in Lackawanna revived ) mors of a possible distributic Glen Alden Coal Co. bond holdir Fore exchanges held relatively eady in quiet trading. Demand ster- ling ruled v ally uncha d around | $4.85% and French francs around 5 cents. | pected to ma |and Denver and Rio Grande obliga- tions. Strong spots in the public utility list included Laclede Gas 51s, North- ern Ohio Traction 6s and Tennessee Electric 6s, while speculative interest in industrials shifted from the oils to such issues as American Sugar 6s, In- ternational Paper 5s and Midvale | Steel §s. COTTON IN BRISK RALLY. \ e | Droughty Conditions in Texas Keep Prices Strong. NEW YORK, May 23 (P).—Com plaints of droughty conditions i southern Texas, combined with a feel that comparatively high end-May rop condition figures had been dis | counted, and appeared responsible for | rather a sharp advance in the cotton market tod: October contracts sold up to 2270, or points net higher, and closed at 22.66, with the general market closing firm at net ad vances of 48 to 58 points. Private cables attributed the stead! ness of Liverpool to trade calling, with Manchester and speculative buying The amount of cotton on shipboard awaiting clearance was _estimated at 58,844 bales, against 63,953 last vear. Fall River sales of print cloths for the week were estimated at only 25,000 pieces, but reports from Worth street indicated that sales of goods during the past few days hadf been the largest for some time. CHICAGO, preferred, §8% McNeill, 6 Swift & C 26; Union May 23 (P).—Armour Fair, 34% Libby Middlewest Tlities, 94 1.11; Swift International rbide, $34; United States Financial Highlights of Past Week Brought Out in Nutshell by Statistics Special Dispatch to The Star. NEW YORK, May 23.— Ftocku (average of 50 issues) Bonds (average of 40 issues) Foreign bonds (average of 10 This week. High. Low. High. Low. 110.67 109.63 108.38 ‘This week. Last week. 84.67 84.30 Last* week. 37 138% 7“4 124 115 24 6815 124 b4 15 6 214% United Rallway Invest pf. U S Cast Iron Pipe & Fdy. 914 19% 29% 73 149 Fdry pf. 108% 102% 31% 130 30 86% U S Industrial Alcohol pf.. 108% 107% lol% - 141% 139% 139% 45% < @ s w_ _mmeo EEAFEF = 21 31 kil 154 103% 31% 130 82!6 Faf l&+"'+||“:+l+++*’+*+|+ +++1 + EREFIRLET Ty & r 5% Federal reserve ratio. Money rates in New Yo Time Unfilled steel orders Pig Iron preduction Bulilding permits: Number of citles. . Amount ... Commercial failures Number . Liabilities Revenue car loadings: All commodities Grain and grain prodlleu. Coal and Coke . Forest products . Miscellaneous proaficu A I 10284 . 118 77.2 315 tod 3% to 4 Month of Mar., 1925 4, 863 564 114,975 Apr., 1925 4,446,568 108,632 365 356 $457,169,969 $398,534,306 1,939 . $37,188,622 5 Week of May oo E 981,370 35,915 163,602 76,484 352,399 64,664 27,648 1,859 $34,004,731 961,711 35,858 159,337 78,484 358,769 59,146 30,388 102.54 This week. Last week. Year ago. } 83.7 3% 3% This week. Last week. to4 to 4 Month of $48, Previous week. Year ago. 904,452 908,187 41,499 145,198 73,75¢ 21,381 45,250