Evening Star Newspaper, June 6, 1925, Page 24

24 FINANCIAL. DIL SHARES JUMP IN STOCK MARKET 1925. FINANCIAL. SUBURBAN BANK T0 OEN HONDAY THE EVENING STAR, WASHINGTON, D. C., BONDS END WEEK WITH FIRM TONE SATURDAY, JUNE 6, [oxmew vom BONDS o x| JAMAGE 10 CROPS gz | LIFTS @W PRICES NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office UNITED STATES BONDS. (Bales are in $1,000.) Sales. High. Low. Close. Lib3%s... 61011 10030 1011 Lib2d 4%s. 11 1018 1018 1018 Lib3d 4%s. 110 1021 10129 10131 Low. Close. e iy 1% 1% 12% 18% 90% 90% Low. Close. 16% 9% 35% 2% " Open. High. 16 16% 9% 9% Open. High. > .55 1% 11% 12% 18% 91 91 Sales. High. Low. Close. 3 91 90% 91 21 94% 94% 94% 6 91 90% 90% .. 156 103% 103% 103% Mexican Seabd. . Miami Cop (1) Mid-Continent 35% 38 Middle States. 3 3% Abitibi Pow (4). Ahumada (11).. Ajax Rubber. Allted Chem (4) 6s Higher Crude Prices Start Sharp Rise—Motors Also Freely Bought. By the Associated Press NEW YORK, June 6 Announce: ment of higher pr for Pennsylva nia crude oil provided fresh stimulus for the buying of the oil shares which led another upturn in today’'s brief session of the stock market Large blocks of petroleum changed hands at advancing with gains running from points. Low-priced motors also were bought freely, with special strength being shown by Moon and Chandler. Rails were moderately active under the leadership of Lehigh Valley, which attained k price for the vear at 83 gains also were recorded by wanna, t Line, anadian Northern Pacific The closing was firm. Total sales approximately 650,000 shares. MANY HIGH RECORI Variety of Shares Extra Active for Saturday. BY STUART P. WEST. Special Dispatch to The Star. NEW YORK, June 6—Oil, tire and motor res were the leaders in the market today . Most of the oils went up under the the stimulus of the 25-cent barrel raise in Pennsylvania trude prices. Texas Company above 49, allowing for the dividend which has just come off the price, was selling at a new Pacific Oil was active at a fractional advance. Phillips' Petrol eum rose over a point and Produc- and Refiners a point. Standard of California gained a like amount, and Standard of New Jersey was up over a half point. Pure Oil was active and strong, getting up around 30, and interest was revived in Barndale Fisk Chandler Tire Soars. went up partly recent improvement which has oc- curred in the company’s business and partly because the stock was looked upon as being behind the rest of the market for the motor shares. Moon wa. gain very active at new tops. Pierce Arrow and the new Dodge preferred all bettered their previous records. The advance in able the stock sellin ing closed on Friday at 16%. It has long been known that the financial position of the company is much im- proved. Other rubber stocks were carried along, but more moderately. Today’s New Records. New high records were made United Drug first preferrzd, Mid-con- tinent Petroleum, Americtn Ice, Coca Cola which kept on with its notable rise, American Pipe Found'y, Reming- | ton Typewriter and Middle Etates Oil Investment industrials were promi- nent_again with new tops for Du. quesne first preferred, General Motors 7 per cent and Mack Trucks first pre. ferred. A fresh spurt occurred Compan: on the Fisk was remark- at 19 after hav- in in Childs ares and it appeared that the interests identified with the mar- ket for this specialty had not aban- doned their operations for the rise. The buying in Childs Co. has been besed upon the favorable earnings and expectations based on current expan- sion in the business Marland Oil went along moderately with the other oil shares and was in- fluenced particularly by the bunish‘ statement accredited to the head of the company. Marland’s light oil pro- duction he said, was fabout 20,000 bar- rels a v less than on June 1 a year @go, with demand much greater and stocks of gasoline are smaller with consumption showing a very big in- crease. Selling was checked in French francs, and there was some recovery. But it was slight in comparison with the break since the start of the week. Markets at a Glance NEW YORK.—Stocks firm; ofls con- tinue to lead upturn. Bonds steady: St. Paul issues lower. Forelgn ex. changes irregular; francs cover slight- 1y. Cotton lower; more favorable crop Teports. Sugar, holiday. Coffee, holi- y. 20,000-TON TRON ORDER. NEW YORK, June 6 (#).—An order for more than 20,000 tons of pig_iron has been distributed among four Pitts- burgh manufacturers by the Standard Sanitary Co. at $18 a ton, furnace. Producers look for a stronger market in the near future. WOOL DEMAND FAIR. BOSTON, June 6 (Special).—Fine do- | mestic wools were in fair demand to day, although there was some com. | plaint that business continued of the | Band-to-mouth variety. Quarter blood fleeces were active at 46 to 47 cents, | South American cables report a good | export movement in this direction. BUILDING VERY ACTIVE, BALTIMORE, June 6 (Special). Little idleness is prevalent in Balti- more at present, it is understood, the employment situation here being termed satisfactory at present. Bufld- ing trades are going ahead at unusual. 1y high levels and much more con- struction work is planned, so it would appear the outlook is good for em- ployment in these lin, TREASURY CERTIFTCATES. (Quotations furnished by Redmond & Co.) Offer. 4007 "7 100 1-32 4%s June 13 SHORT-TERM SECURiTIES. (Quotations furnished by Redmond & Co.) Alum. C American § Amer. Tel Anaconda "Copper s 1 Associated Oi 65 19 Baltimore & Ohio_6s 1024 Bethlehem 'Steel of Georgia s 1 ni., Mil. & St. P. 65 19: Chil R. I & Pac. blps 19 City” of Lyons 6s 14 & Tel. Colum. G. & E. Continental G Du Pont 735 19: Federal Sugar Ref Federated Metals 7s 1930. . Goodyear T. & R. 8s 1 Great Northern 75 19 Gult ofl Corp. Pa. 5% Hock. Val. R. R. C. § Humble_Oil 5348 19: Lehigh Pow. Sec. C.. fis 1 M.St.P. &S S. M. G181 5 52332282 Oregon Short Line 4s 19 Penna. R. R. 7s 1930 Pure Oil 5ls. August, i Swift & Co. 58 1932.".. Tidewater Ol 6%s 103 Union Pac. R. R, C. 4s 1 Union Tank Car 7s 1030 03 £t Ee S 23 Allis Chalm (6). Am Agricul Chm. Am Ag Chm pf. Am Beet Sug(4). Am Bosch. . Am Can (17) Am Car & ¥dy. . Am Chicle 5 AM Chiclerts. .. Am Drug (60c) Am & For Pow.. Am&F P pf (7). Am&FP 25% (7). Am Hide & 1 pf.. Am Ice (7). Am Tce pf (6). Am La Fran (1). Am Loco (118). Am Metal (3)... Am Safety R (3) Am Ship & Com Am S & Ref (6). Am Stl Fdys (3). Am Sugar 5 Am Sumatra. ... Am Tel&Tel (9). Am Typ Fdrs(7) Am WW&EI 1.20 Am W W 1st (7 Am Woolen. ... Am Wool pf (T) Am Writ Pap pf Anaconda (3). . Armour 111 A(2). As50 DG (new) Asso D G 1st(6) Asso Oil (113) Atchison (7). .. Atchison pf (5).. Atlantic C L(18) AtGUIf& W] At Gulf & WI pt Atiantic Refing Atlas Powdr (4). Baldwin L (T) Balto & Ohio Barnsdall A Bayuk Cigar Bethlehem Stl. .. Briggs Mfg(31%) BKkI-Man Tran Bk-Man T pf(6) BKI Union G(4) Brown Shot (4) Brunswick (3.60) Burns Bro (10). Burns Br B (2).. Bush Ter de (7) Butte Cop (50¢) . Caddo Central . Cal Packing (6) Cal Pete (1%) Calif Pet rts. . Calif Pet pf (7). Callahan Zinc Calu & Ariz §2. Can Pacific (10) Century Rib (2). Cero d Pasco (4) . Certain-Teed(4). Chandler (3).... Ches & Ohio (4). Chi & Alton. . . Chi & Alton pf.. Chi Great West. Chi Gr West pf .. Chi Mil & StP... Chi Mil& StP pf. ChiRI& Pac. .. CRI&P pf (§) Childs ($2.40) Chile Cop (2% ). Coca-Cola (7). Col Fuel & Iron. . ColCarbon (4) . Col G & E (2.50). Com Solv A (4) Congolium (3) Consol Cigar. Con Cigar pf (7). Consol Distribut. Consol Gas (5). . Cont Can (4).... Cont Insur (8).. Cont Mot (80¢). Corn Prod (2) Crex Carpet (3). Crucible St1 (4) . Cub Cane Su pf. Cub Am Su~ ( Cudahay Pk- (7) Cuyamel ¥r (1) Danifel Boone. Davison Chem. .. Del L & Wn(17). Dodge Bros (A). Dodge Bros pf. . Dome Mines (2). Dupont (10).... Duquesne pf (7). Eastman (18) Eaton Axle (2).. Flec Power ctfs. Elec Powr pf (7). El P&Lt 40% pd. Elec Str Bat (4). End-John (5)... Erie R R Erie 1st pf Famous P1 (8).. Federal Min Federal Lt (*7) . Fed Min pf (7).. Fifth Ave (64c). Fisher Body (5). Fisk 1st pf (4) Fleischmann(4). Foundation (8).. Freeport-Texas. Gardner Motor. . Gen Asphalt Gen Clgar (8). .. Gen Electric(8). Gen El spec 60c. Gen Motors (6). Gen Mot pt (7).. Gen Petrm (2). Ginter (1%).... Glidden Co Goodrich. ... . Goodyear pf (7). Granby Consol Grt North pf (5) Grt Wstn Su (8) . Gulf Mo & Nor. . Gu M & N pf (6) Gulf States S(5). Hanna 1st (7) Havana Blec (6). Hayes Whl (3) Houston Oi1. Hudson Mn 2% . Hudson Mot (3). Hupp Mot (1)... Indep Ofl (1). Ind Oil rights. Indian Refining. Inspir Cop (50c) . Interb Rap Tr... Internat Agri... Intl Bus Marts. . Int Cement (4).. Int Com Eng (2). Internat Har (5) . Int Mer Marine Int Nickel. . Int Paper....... Int Tel & Tel (6) Jones Bros Tea. Jordan Mot (3 Kansas & Gulf. . Kan City South. . Kayser (Julius). Kayser 1st pf(7) . Kelly-Spring. ... Kelly-Spring 1st. Kelsey Whi (8) Kennecott (3) Keystone T & R. Laclede Gas (8). Lee Tire & Rub. . Lehigh Val(3%). Liggett & M(14). Lima Loco (4). Loews Inc (2) Boft, . oot Loose--Wiles. . Lorillard (3). Louisiana Oil. Louis & Nsh(6) Ludlum (2) Mackay (7) Mack Treks (6) Mack T 1st (7).. Magma C (75¢) Mallison & Co... Man E md g (5) Maracaibo Ofl Market St prior Marland O(75¢) . Malin-Rock (1) .. Martin-Pry (4) Mathieson Alka. 0 U, S. Rubber 73s 10530 Western Union Westinghouse E.&! ¥, Maxwell(B)etfs. May Dept St(5). 83 19% 58 397 32% 188% 104 53% 102% 38% 62% 874 140% 114 66 ). 101 36% 8% 3% 8T% 21 52% 98Y 39 118% 96 1 1% 46 113 10% 33% 48 2% 36 145% 23% 8% 13% 169% 111% 108% 18 32% 90% 105% 63% 6714 29% 37% 103% 16% 30 54% 16% 2% 96 834 116% 14% 10% 54% 85% 290% 1% 7% 108% 52% 35 20% 51% 100 14% 6% 105% 29% 961 84 60 147% 36 6% 30% 63% 18 31% % 844 25% 23 11% 1% 67% 43 107% 8% 28% 68% 112% 15% 43% Y 32% 28 97 17% 59% 95% 48% 2% 166 13 82 62% 62 29% % 91 36% 18% 111 34% 121% 178% 111 40% 26 45% 27% 50% 43% 18 30 9% 114% 120 834 19% 53% 3974 334 189% 104 42% 49 81 894 96% 26% 108 30 844 B 1% 113% 2874 15 121% 2ine 47% 140% 36 49 487 39 5874 33% 122 38% 50 65 20 267 86 4% 84 60 153% 36 69 30% 631 18 31% 3% 84 25% 23 11% 1% 67% 43 107% 8% 28% 69% 112% 15% _43% 1% 32% 28 97 18% 591 964 8% 2% 166 18% 83% 6274 62% 30 7% 91 35% 18% 111 34% 1214 178% 111 40% 26% 45% 27% 50% 44 18 30 9% 114% 121 83 19% 53% 39% 324 186 103% 1% 84 24 40 3T 41% 484 803 894 96% 26% 108 291 84k 5% 1% 1134 28% % 121% 20 4T 140% 36 49% 4878 36% 96 25% 23 11% 1% 67 42% 107% 8% 28% 68% 111% 16% 43% Y% 321 28 96% 17% 59% 95% 48% 2% 166 13 82 62% 62 29% T% 90 35 18 111 34% 121% 176% m 40 26 45 27% 50% 18 30 854 Midind Prpf(8). 115 115 Mis Kan & Tex.. 33% 383% Missour| Pacific. 33% 38% Missouri Pac pf. 78% 78% Mont Power (4). 80 ' 80 Montgom Ward.. 52% 52% Moon Mot (3). 32% 33% Mother Lode Tic. 6% Motor Wh1 1.60.. 24% at Biscult (3).. 65% Nat Cloak (4) 74 t Dpt Stores.. 431 at DSt 1st (7). 97% 34 621 12% =43% 116% 91 328, 23% 283 33 1284% 76% 47% 49% 647% 13% 70 “48% 16 587 28% 22 115 334 33% 8% 9% 52% 33 6% 25 66 Supply (3).. evada Copper. . Canners(2). Y Central (7) C&StLpL(6). NH & Hart. . NY On & Wn(1). NY Rys pf tr cfs orfolk South. . . orf & West(7). orf & W pf (4). orth Am (3.40) . orth Am pf(3). North Pac (5)... Owens Bot (3).. Pacific Gas (8) Pacific Ol (2). Packard (11.70) Paige Mot (1.20) Pan-Amer (6)... Pan-Amer B (6) . Panhandle. ... .. Panhandle pf Park & Tiiford Pennsy RR (3). Penn Seab Steel Phila& RC&I.. Phillip Morris. .. Phillips Pet (2). Pierce Arrow. Pierce Arrow pf. Pierce-A prior 8. Pierce Ofl.. ... Plerce Oil pf.. Pierce Petrol Pitts Coal. . . Pitts St pt (7). Pitts U fs $1.20. Postum Cer (4).. 112% Prod & Refiners. i 27 Pub Serv NJ rts Pub S NJ pf (7). Pullman Co (8). Pure Ofl (1%) Radio Corp of A. Ray Cons Cop Reading (4) . Robert Rels 3 Remington Type Replogle Steel. .. Rep Ir & Steel ... Reynolds Sp (1). Rey Tob B (3)... Rossia rts. Royal D (4.42%) St Joseph Ld(2). St L & San F(5). Savage Arms. Schulte (*8). . Seaboard Air L. Seabd Alr L pf .. Seagrave (1.20). Sears-Roebk (6) . ck FG(2). Shell Un (1.40).. Stmmons Co (2). Simms Pet (1) Sinclair Ofl. . Sinclair pf (8) Skelly Ofl. . South Pac (6). .. Southern Ry (5). South Ry pf (5) Spicer Mfg...... Std Gas & E1(3). Std G&EI pt(4).. St Ol Calif (2).. StONINJT (1). Std Plate Glass. . Sterling Prod(4). Stew-Warner(5) Studebaker (4).. Submarine Boat. Supetior Ofl. ... ymington. .. Symington A(2). Tennessee Cop. . Texas Co (3).... Tex Gulf S (1%) Tex & PacC& O, Tex & Pacific. ... Third Avenue. Tide Wat O11(4) . Timken R B(14). Tobac Prod (6). . Transcont Ofl. Underwood (3).. Un Bag & Paper. Union Ofl (1.30). Union Ol1 (1.80). Un Pacific (10).. Un Pacific pf(4). Utd Alloy Steel. . Utd Clgar (13%). United Drug (6). UtdDrug 1st 3%. U S Cast Iron P.. U S Distributing. U S Hoff (2)..... U S Ind Alcohol. U S Realty (8).. U S Rubber U S Rub 1st (8).. 101% USSmpf (3%). 45 U S Steel (17)... 114% U S Steel pf (7).. 128% Universal Plpe.. 364 Univer Ppf (7).. 78% Vanadfum. ... 27% Va-Caro Chpf... 16% Va Ry & Power.. 118% Vivadou 13% Wabash. ... 28% Wabash pf A(5). 66% Waldorf (13%)... 16% Ward Baking A. . 151 ‘Ward Baking B.. 507% West Pen pf (7). 98 West Maryland.. 13% Wesn Pac pf(6a) 91% West Afr Br (6). 101 Westinghse (4).. 72 Weston A (2) . 22% ‘hite Eagle (2). 28 White Mot (4)... 70% Wickwire ctfs. 41 Willys-Overld 197 Willys-Od pf(7). 1024 Wilson & Copf.. 20% Woolworth (3).. 138% Worthn Pump. 40% Worthton B (6).. 66% Wright Aero(1). 24% Wrigley (13%).. 52 *0dd lots. {Partly extra. tParable in preferred stock. Dividend rates as given in the above table are the annual cash payments based on the Intest quarterly or half-yearly declarations. Unless otherwise noted, extra or special dividends are not included. K 102 . 138 .29 55 12% 87% 19% 167% 64 24% 401y 2414 21% 907 277% 99% 95% 39 21% 50% 52% 58% 43% 10% 6315 68% 46% 8% 4% 16% 211 10% 48% 108 15% 49% 11 144 41 79 4% 49 16 49% 11 144 41 79 5 51 38 ke 137 744 26 68% 4 121% 55% 161 34% 34% 87% 130 46% 101% 45 113% 123% 36% 78 2% 16% 118% 13% 28 664 16% 151 50% 98 134 91% 101 1% 22% 28 59% 4% 19 101% 20% 137% 40% 66% 24% 52 51 38 % 137% T4l 26 68% 121% 165 34% 34% 87% 130 47% 102 45 114 123% 36% 78 27% 16% 119 13% 28% 664 16% 151 61 98 13% 1% 101 % £ 28 70 4% 19 101% 20% 138 40% 6614 24% 62 13% 9135 101 2 22% 28 T0% 4% 19% 102% 207 138% 404 66% 24% 52 FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.\ Nomimal Selling checks sold vatue. = London. pound ¢ | Montreal.” dollar Paris, franc. Brussels, frai Beriin. mark. Rome. fira Zurich, franc. . . drachma B . ero Prague. crown. Warsaw, zloty. Copennagen, crown.’.. Christiania,” crown.. .. Stockholm.” crown. | — CHICAGO STOCK MARKET. CHICAGO, June 6.—Following is a report of today’s sales, high, low and closing quotations at the Chicago Stock Exchange: Sales. L4 i - fieF et i o By 475 Mid West Uul 150 Montgom'y Ward 700 Omnibus com. 1100 Real Sil 6300 Stewart 100 Swift & Co. 450 Swift Int] 225 Union Carb & C . 6700 Un Lt & P A. 170 Un Light & P B. 150 Yeliow Cab.. 150 Yellow Mfz B Total sales, 27 Bt I BisbaomoaeDs M FOES SRR AR 558 55% | July. French Liens More Than Hold Their Own—aOil Issues Aided by Price Advance. BY GEORGE T. HUGHES. Special Dispateh to The Star. NEW YORK, June 6.—What little setback had showed in the bond mar- ket Friday disappeared today. The short session saw very little change in prices, but the tone of the market was firmer. French bonds had been in- clined to follow the downward course of French exchange on the previous day. Consequently they already were helped somewhat by the partial re- covery in the franc which occurred today. Action in Foreign Group. The French 7%s were up a fraction, the 8s were dealt in most of the time unchanged around 103 while the 7s varied with a half-point range be- tween 901 and 90%. Paris, Lyons and Mediterranean 7s were off a half point. In the Belglan group there was some irregularity, the 6s declin- ing slightly while the 61s and the 8s gained. German 7s held well up to the top figures of the week. U. S. Government bonds were about the same, only that the Treasury 4s came down slightly. Oil Bonds Advance. Virginia-Carolina 73%s with war- rants which had closed Friday at 68 sold above 69 today. Oil bonds were helped by the rise in crude oil prices. Smpire Gas and Fuel 7T%%s, Sinclair 6s and Skelly 6%s were all in demand. Hudson and Manhattan in- comes were up a half point, otherwise there was no feature among the trac- tions. International Great Northern ad- justments were a fraction higher and Missouri Pacific 48 were active. The 6 per cent bonds of the same road gained a half point. St. Louis-San Francisco adjustments were active and strong. ‘ COTTON SELLS OFF IN -BRIEF TRADING ‘Week End Profit Taking and Show- ers in Texas Weaken Markets. By the Associated Press. NEW YORK, June 6.—The cotton market opened steady today at an advance of 1 point on July, but gen- erally unchanged to 7 points lower and then sold off in the early trading under realizing for over the week-end. July declined from 23.92 to 23.62 and | October sold off to 23.07, or 25 to 29 points net lower, but showed rallies of 9 or 10 points from these figures at the end of the first hour. The disposition to take profits on recent purchases was promoted by talk of an easler technical position and private reports of rains in the Texas Panhandle, which some trad- ers thought might possibly spread over Sunday. New York cott at net decline of July ....... Oetober .1 December January . March ... 1111 23 Openiris—January. July, 91: October, 23.48. New Orleans Quotations. NEW ORLEA. , June 6.—The cot- ton market opened steady, first trades showing 1 point down to 6 up. Liv- erpool remained closed. Right after the call prices weakened, owing to heavy showers reported in the East- ern belt and a few in the central se: tions. The selling increased on re- ported showers in the Texas Pan- handle and rain at Galveston. Be- fore the decline was checked July traded down to 24.09, or 15 points be- low yesterday’s close. New Orleans eotton futures closed steady at net _decline of 12 to 30 points. High Low. 40 2403 2279-80 23.07.00, arch, 23.32: July .. October . December January . Mareh, a1 G 8 Opening—January. 23.03 uly, 24387 Ortober. 2 1,100 AUTOS PER DAY SHIPPED ABROAD Commerce Departments Puts Value of Vehicles in April at $33,858,742. By the Assoclated Press. An average of 1,100 motor vehicles ‘was exported daily from the United States in April, the Commerce De- partment calculates, announcing that the total value of the machines ex- ported during the month was $33. 858,742, as compared with $32,645,817 in March. The April production of automotive vehicles in the United States was the greatest of any month recorded, it said, amounting to 391,301 passenger cars and 47,664 trucks. The previous high month, May, 1923, accounted for a total of 34,508 fewer machines. .Y BANK REPORT. NEW YORK, June 6 (#).—The ac- tual condition of clearing house banks and trust companies for the week shows an excess reserve of $33,046,710. This is a decrease In reserve of $16, 357,610 compared with last week. RATES ON BAR SILVER. LONDON, June 6 (#).—Bar Silver, 3154d per ounce. Money, 3% per cent. Discount rates, short and three-month bills, 4 7-16. NEW YORK, June 6.—Bar silver, 68%; Mexican dollars, 527%. Break in Stocks Is Held Natural After Long Rise By the Associated Press. NEW YORK, June 6.—The reaction in the stock market during the week was widely regarded as a natural se- quence of nearly two months of stead- ily rising prices. Speculation for the rise had gone to_extremes, particular- ly in some of the public utility and motor issues, and the sharp recessions in quoted value served to bring them more in line with the general market. Operations for the advance were not entirely abandoned, but were confined to issues which showed unusually. high current earnings and held out some prospect: of special dividend develop- ments within the near future. These included Woolworth, Cushman’'s Bak- ery, Coca-Cola, American Ice, Inter- national Combustion Engineering, In- ternational Cement and Remington Typewriter, all of which mounted to e high levels for the year, Lib4thd¥s 32 10216 US4s1944. 123 10218 US4%s’'52 40 10626 10215 102 16 102 15 102 15 106 25 106 25 FOREIGN. Sales. High. Low. Close. Argentine 6s A Argentine 6s B Argentine 7s. Austria 7s. Bank of Japan 6 Belgium s 3 Belglum 615 w 1. Belgium 7%s. ... Belgium 8s Berne 85 Bollvia 8s. Bordeaux 6 Brazil 7s. .. Brazil 8s. . . Canada 55 1931. Canada 1952 Chile 75 1943 Chile 85 1941...... Chinese Gov Ry bs. Christiania 6s. Con Pow Jap 5 Copenhagen 5%s. . Cuba 5%s....... Czecho 88 1951. ... Czecho 85 1952 ct. . Denmark 6s Denmark §s. .. DETI5%s Mch '53. DEI5%s Nov'63. Dutch East I 6547 Dutch East I 65 '62 El Salvador 8s'48 Finland s f 6s'45. . Finlands 75 Framerican 7%s French7s..... French 7%s French 8s... . Ger El 6%s'50 wi. German7s..... Ger Gen Elec 7s Greek 7s Haiti6s. ... Hungary 6%s Japanese 4s. .. .. Japanese 6%s. . . Jergens U M 65 '47. Lyons 65. Mexico 45 '10 asntd Mexlco 5s assented Montevideo 7s. ... etherlands 6s '54. etherlands 65 '72 orway 5%s wi. Norway 65 1943 . orway 63 1944 rway 65 195 orway 8s........ Orient Dev deb 6s. . Paris-Ly's-Med 6s. Paris-Ly’s-Med 7s. Paris Orleans 7s. Peruss. ... Poland 65 '40. . Poland 85750 wi Prague 7%s. . Queensland 6s. . Queensland 7s. .. .. Rio de Jan 8s 1946 Rio de Jan 851947 Rio Gr Do Sul 8s. S Paulo St 85 wi. .. Seine Dept cf 7s... Serbs Crot Slo 8s. . Sweden 5%s ct. weden 65 .. ... Swiss 5%s 1946. Tokio 55 &0 Ud Kingm 51%s'29. Ud Kingm 5% 37 Ud Steam Copen 65 i 96 96 102% 9915 998, 87% 954 109% 108% 109% 964 96 102% 99% 997, 8T% 951 109% 100% 102% 102% 104% /815 961 93% 90y 984 102% 88 9T% 941 94% MISCELLANEOUS. Ajax Rubber 8s. ... Am Agr Chem 5s. .. Am Agr Chem 7%s Am Chain sf 65 '33 Am Smit & R 1st 58 AmSmit&R 6s. Am Sug ref 6s. AmT & Tcl tr 4s. AmT& Tcl trb: AmMT&TsL5s... Am T & T deb 5%s Am Water Wks 5. Am Writ Paper 6s. Anaconda 1st 63 ‘Anaconda cv db 7s. Andes 78 25% pd. . Armour & Co 414s. Armour Del 514s. . Atlantic Refin 55 Bell Tel Pa 6s. . Beth Steel pm 5s. . Beth Steel rf 55. . Beth Steel 5345 53 Beth Steel s f 6s Brier H St 1st5% Bkiyn Ed gen 5s. . Bush T Bldg 5560 Calif Pete 6%s. Cen Leth 6s '45 cfs. Chile Copper 6s. . Commonwth P 65. Con Coal Md 1st 5 Con G NY 5%s wi. Consumers Pow 5s. Cuba Canecv 7s. .. Cuba Cane cv d 8s. Dery (DG) 7s... Det Edison 5s 40 Dodge wi 6 5 Du Pont de N T%s. Duquesne Light 6s Est Cuba Sug T%s. Empire G & F T%s. Fisk Rubber §s Francis Sug 7 Gen Refractres 6s. Goodyear 8s 1921.. Goodyear 8s 1941. . Hoe & Co 6%s. Illinois Bell 1st 55 Tilinois Steel 4%4s. . Int Mer Marine 6s. Inter Paper 58'47.. Inter Paper 6s KCP&LtSsA Kan G & E16s'52. . Kelly-Spring 8s... Lacl G ref 5s 34 Laclede G 5%s '53. Louisv G & E 5s°52 Manati Sug sf T%s Mid-Con 6345, '40. . Midvale Steel 5s Montana Pow 58 Mor’s & Co 1st 4%s New Eng Tel §s... NYEdbs'44wl... N Y Eden 1st6%s NY Tel 4%s N Y Tel 65 41..... North Am Ed 6s. .. Nor Ohfo T & L 6s. Nor States Pow 5s. Nor States Pow 6s. Otis Steel 8s. Pacific Gas & El 5s. Pac T& T 58'52... 1 2 3 1 20 1 12 o Buoonhemon veliao=Aoner~ 0 23 6 Pan-Amer Pete 6s. 690 Pan-Amer Pete 7s. Phila Co5%8'38. .. Phila& RdC & 165 Plerce-Arrow 8s. .. Public Service 6s. . Pub Serv Elec 6s. . P Serv Gas b%s 59 P Serv Gas 5%s '64 Remingtn Arms 6s. Sharon Stl H 8 Sinciar Ol 6. Sinclair Ofl 6%s Stnclatr Ofl 7 Sin COP L 6s'28. Sin Pipe Line 65 Skelly Ofl 6%s. Southwest Bell 5s Tenn Elec Pow 65 Toledo Edn 1st 7s Union Bag & P 6 United Drug 6s. U S Rub 1st rf 5 U S Rubber 7%s U S Smelter 68 U S Steel s 5s. Utah Pow & Lt 5s Va-Car Chem 7s Va-Car Ch7%s w Vertlentes Sug 7s.. ‘Warner Sug 75 '41. West Elec 5s. Westinghouse 7s. . Wickwire Spen 7s Willys-Ov 638 '33. ‘Wilson & Co 1st 6s. ‘Wilson & Co cv 6s. ‘Winchester A 7%s. Youngstn S & T 6s. Ann Arbor 4s...... Atchison gen 48... 2 1 2 ; 3 6 25 3 8 4 4 141 8 33 4 4 2 9 13 1 3 1 6 101% 1024 103 a9 981 1077 102 102% 97¥% 9TV 101% 101% 9T% 9T 104 104 96% 964 571 60 100% 100% 1015 10 974% 89% 94 997 1021 93 94% 87 94% 1001, 102% 961 104 100% 106 101% 1024 1034 99 987 1077 % 102y 100% 108% 101% 95% 98%, 104% 102 99 99%, 114% 107 99% 100% 100% 103 103 991 991 107 107 105 105 104% 104% 8815 8% 106% 106% 112% 113 88% 88% 93% 93% 100%"100% 87% 874 116 116 101 101% 103% 108% 109% 109% 974 974 1031 103% 89 89w 106% 106% 100% 100% 105% 105% 984 984 9T% 9T 68% 685 91% 914 95% 96 100% 100% 106% 106% 82% 821 101% 101% 99 99 684 68% 101% 101% 9% 99% RAILROADS. 2% 91% 72 91% 2% 1% 5 103% 103% 103% . 11 103% 103% 103% 1 89% 89% B89% 2108 103 103 1 118% 118% 118% 5 116% 1167% 116% 6 80% 80% 80% 3108 108 108 1 102% 102% 102% Ches&Ocv4lys... 6 981 98% 98% Ches & Ocvbs..... 26 107 107 107 Chi& Alton 3%s... 1 52% b62% 52% ChiB & Qgn4s’58._ 1_91% _91% _91% T&ETgnbs .. 217 75% T5% 15% {Great West 4s. 46 66% 65% 66 5 51 _51 SHZOERS L . 14 51% 51 2 89% 894 StPrfdlss. 4 Bl 5l StPevss... 1 504 50% tP6s...... 1103 103% Wgn3ks., B 75 75 Chi&NW7s...... 8107 Cht Rys bs . T Chi R1& Prf4s... 24 88% ChiTH&SEbs... 7 87 Chi Un Sta 58 . 2102 Chi Un Sta 6%s. 5 117% Chi & W cn4s.. 4 81 C& WIG%s 62 7 100% CCC&StLGs..... 24 99% CCC&StLrf6sA. 1 103% Cleve Term 5s . B 100% 2 106% 6 964 Del Hud cv 3 107's Del & Hud 5%s.... 3 102% D & Rio G imp 5s 1 98% Rio G Wst5s.. 10 58% 1 63% 8 96% Gr North gen 7 7 110% Havana ERL&P 9 9% Hud & Man re 3 917 Hud & Man aj 9 1% 11l Central 51%s. 1 102% 111 C-C St L&NO 5 Int Rap Tran 5s... Int Rap Tr G5 stpd Int Rap Tran Int Rap Tran Int & G Nor Int & Kans Lake & Louis & Nash 7s. . B&Orf Imp &5 Bklyn Manhat 6 | Canada Soutn 5s. .. ©anad North 6%s. . Canad North 7s Canad Pac deb 4s Car Clinch & O 6s. . Centof Ga 6%s a Colo & Sou 4 s '35 Manhat Ry ¢n 4s Market St Ry 7s Mil El Ry & L 5s. .. StL 1strf 4s P & SSM cn 55 MK&Tadj5 MK & T prin Mo Pacific gen (Mo F Mo Pactfic 6s Montri Tm 1st Nassau E Ry 45 '57 90% 9 9102 101% 984 Cent deb 4s [ Cent cn 4s " ¥ Centr i 58 ¢ Cent deb 63 cl3s Ldb4s. 1 tL5%s 10 98 NYC&StL6sA.. 8 103% New Hav d 4s e New Havencd 6s.. 12 | NY Ont W 1st 4s NY Rys 65 6 LY L LLAL LD, g g g 4 1 Northern Pac’$s. Northern Pac s D. Northern Pacr i 63 | Ore Short L ret 4s Pennsy Pennsyl 6. Pennsyl gold s Pere Mrq 1st 4s Pere Marq 1st 5s. Por R L & P 65°47. 49 100 RIATK& L 4%s... 7 89% St L IM&S R&G 4s. 3 90 tL&SFpl4sA.. 14 7% 5 Fprinbs. 3 924 F 5%s D 100% Fadj6s... 16 91% FplesC.. 2 102% Weonds'32. 1 90% KCSh 1 8% 1102% 2 99, 9 8l 4 94% 974 s s = s U 102% 79 814% 944 977 914 794 103% 10645 110% 7% 41% 86 93% 991 100% 98 101 974 66% 8415 5 Dep 5. .. Seab’d A L 4s sta Seab’d A Ladj 5 Seab’d A L con 6 Sou Pacific 4s '29 1 ou Pacific ref 4s.. 13 91% Southern Ry gn 4s. 16° 79% Southern Ry 1st 55. 1 103t Southern Ry 6sct.. 3 106% Southern Ry 6%s.. 7 111 Third Averef4s... 35 58 Third Ave adj 5: 4 41% Tol St L & W 4s. 2 86% | Union Pac 1st4s... 1 93% 27... 3 99% 5s. 4 100% .14 981 6 101% 14 97% 3 66% 3 84% Virginia Ry Western Md 4s. . West Shere 1st 4s ' WEEK SEES ADVANCE IN MANY OIL STOCKS Rise in Gasoline Prices Biggest Factor in yaosting This Group. | By the Associated Press W YORK, June 6.—Oils, which have been lagging behind the rest of the list, showed temporary outbursts { of strength this week in reflection of the extension of gasoline price ad- rances, reports of record-breaking gasoline consumption, an increase in the Associated Oil dividend and by other companies. As _offsetting _influences were the | establishment of a new high record for crude oil production last week and | the speculative uneasiness developing over the annulment of the Elk Hills and Hawaiian naval oil leases. ELEVATOR SALES UP. NEW YORK, June 6 (#).—May was |another banner. month for the Otis | Elevator Co., sales approximating {$4,000,000. Plans of the company for taking under its corporate wing af- fairs of foreign affiliations in order to weld more closely the management and control under a single personnel, are reported to have reached the final | stage. MOTOR EARNINGS GROW. | NEW *YORK, June 6 ().—Net profit of the Continental Motors Cor- poration for the six months ended Anril 30 increased to $1,402,864, com- |pared with $1,163,744 in the same period a year ago. This was equal to 79 cents a share on the no par ivalue stock, against 66 cents a share 1in the previous year. JOINS GENERAL MOTORS. NEW YORK, June 6 (#).—Alfred P. Sloan, jr., has been elected a di- rector of the General Motors Ac- ceptance Corporation to fill the va- cancy caused by the resignation of Rene Dupont. HEAT CLOSES MARKETS. NEW YORK, June 6 (Special).—Cot- ton goods markets were quiet today, with many houses closed, owing to the | heat wave. The 64 by 60 print cloths | were an eighth lower at 9% cents, but the 68 by 72 were unchanged at 10%. Raw silks were quiet and unchanged in price, | grain in the head and was worthless | unoffic] |or In the forests and jungles, on the rumors of favorable dividend action | Wheat Virtually Destroyed in Central lllinois—Wild Trading Week. By the Associated Press. CHICAGO, June 6.—Sensational crop damage reports, coupled with record-breaking hot weather and lack of mofsture, have led to sharp new price upturns in the wheat market this week. ago wheat values this morning were 3% to 5% higher. corn 1% to 21, down, oats showing 1% to 3% gain and provisions at a rise varying from 12 to 87. According to trade advices which were current, Illinois, Indiana and Ohlo appeared to have suffered far more severe crop injury of late than was at all generally understood. The most striking instance was 100 square miles of territory around Blooming. ton, Ill, where the entire wheat crop was reported as virtually destroyed. It' was asserted that wheat there, which was supposed to be exception ally good, had turned out to have no unless for use as hay. Short Wheat Crop. Emphasizing such advices were un official estimates from leading experts here that the total Winter and Spring wheat crop in the United States this season would 210,000,000 bushels below last year's total. Special anxiety was aroused in re- gard to the possible effect of hot winds in Kansas, the banner wheat State of tne country. According to some au Norities the yield of wheat in Kansas pr\mised to be reduced .to 65,000,000 busNels, compared with 154,000, bushey; in 1924. Tt was also esti lly that taken altogether States Southwest and West—Texas. Oklayoma, Missour, Kansas, Color Nebraska—would produce 00 bushels less than was the c ar ago. , Corn in Better Shape. Corn weakness was due largely to the fact that weather conditions were more favorable for corn and that any acreage of other grain abandoned would be replaced by new planting of corn. On the other hand. s were in the damage class with wheat Provisions owed their advanc chiefly to a big falling off in the total stock of lard on hand in Chicago TOD*Y'S GRAIN PRICES. CHICAGO, June 6—Wheat prices underwent a material setback tod after an early advance. The initial gains were due to contdmued dry weather and to reports of increasing damage to domestic Winter wheat Heavy profittaking sales, however. soon led to a sharp downward swi of values. A forecast of ttered showers was also a bearish factor. The opening, unchanged to 1% high- er, July 1.68% to 1.69% and Sep tember 165 to 1.65%, was followed by a moderate upturn all around and then by a decline to 1.67% for July and 1.63% for September. Corn was swayed by the action of wheat. After opening at % to 7 higher, September 1.17% to 1.17% the corn market hardened a littie more and then receded, touching 1.15% for September. Oats prices held steady owing to re- ports that crop damage was larger. Sterling at % off to % up, September 51% to to 51%, the market kept near to opening figures. Influenced by lower quotations hogs, the provision market was easy. WHEAT— ELEPHANTS MATCH WITS WITH HUNTERS FOR LIFE The African elephant is the exclu- sive source of ivory used for covering American-made piano keys. Tusks are in reality tooth structure— A matter of fact, they are the b incisors, says the Piano Trade Maga zine. The elephant is probably the shrewd- est and most adaptable of living ani mals and has no enemies except man He eats anything that is green i seems equally at home on the plai; high mountain slopes swampy lowlands. The elephant’s trunk is one of the most extraordingry organs of nature. It contains the finest smelling appa- ratus on earth, and when the prox imity of man is suspected the trunk is raised in the air and carefully turned in all directions, ‘“feeling” for the man smell in the wind. Once an ele that smell he does one of He either retreats quietly and rapidly or charges. . Years of experience in matching his wiles with those of man and his high- powered rifle has taught the elephant that it is safer to remain in the dense forests. An elephant can move through these forests with no more noise than would be made by a mouse, and the growth in these forests is frequently so impenetrable the hunter can make progress only by following the winding elephant trail. SHAKE-UP IN PERSONNEL, NEW YORK, June 6 (#).—Matthew C. Brush, chairman of the Pacific Mail Steamship Co., has been elected presi. dent in place of Gale H. Carter, who resigned both as president and a di- rector. L. H. Shearman and J. P. Grace also resigned as directors. G. H. Balch was chosen vice president and John H. Conway, T. E. Ragg and R. D. Purcell were made directors. or down in SIGNAL'S EARNINGS GOOD. NEW YORK, June 6 (#).—Earn- ings of General Railway Signal for the first half of 1925 are calculated at be- tween $7.50 and $10 a share on 40,5 shares of common outstanding. The company showed a balance of $16.47 a share on the common for the full year 1924. Application to list the stock on the New York Stock Ex- change is expected. DAIRY PRODUCTS. BALTIMORE, June 6 (Special).— Live poultry—Spring chickens, pound, 35a50; Leghorns, 28a40; old hens, 23a 28; Leghorns, 23a24; roosters, 18; ducks, 15a20; young ducks, 28a30; pigeons, pair, 20a30. Eggs—Receipts, 814 cases, nearby firsts, dozen, offered at 30%, bi Butter — Good to fancy, crea: pound, 40a45; prints, 45a47; ladles, 30 a3l; store packed, 28; dairy prints, 28 a30; rolls, 28a30; process butter, 34. —_— ‘The man who boasts that he works with his head instead of his hands is respectfully reminded that the wood- Compared with a week{ on | Trust Co. of Northern Vir- ginia, in Rosslyn, Com- pleted for Business. BY CHAS. P. SHAEFFER The Trus of Northe located in Rosslyn, ¢ inia end of Key F n Virginia e block from the Housed structure, i flanked the upp men 1t of $300,00 be pra including counts, th tion of estate of Ty R trust officer A. Lynn i Le of t se Realty Fi The real e Davis have the firm Co.,” it wa Simultaneou came notice th: Twelfth street nc ened in addition tained at 501 west Officers E. Dav ford Walter G Fred A Mr. Davis has been in t business for more thar \ Incorporates. anr Bradstreet Reviews Trade High r various! ustry, Summer Bradstreet ar wee Where. been lation {goods has fol Hlowe |ed to Investment Bankers to Meet The southeastern group of the Ir vestment Bankers on America will hold Spring meeti Green S burbs A luncheon |o'clock, |ing wi mittee be follo tion, followed by ssociati W New Power a subsidiary Co., and Two h undr inum wires r diameter President at 132,000 sion projec 1 est and the cour | Holds One The Merct | of this city | extent of « Oper- nsmis- ed by it i of Keyser, W | The decisi | West Virginia |of aep s | were fr | forgeries {any one. not GRAIN AND PROVISIONS. BALTIMORE, Md.. June 6 (Spe- 1).—Potatoes—Per 100 pounds, 1.00a new potatoes, barrel, 2.00z asparagus, zen, 1.20a3.60; beans, mper, 1 5 100, 2.002 e, bushel, hamper. 1.50a3 har . crate 1.00; peas _crate barb, 100 { lettuce, bushel onion: 100, 1.0021.50 radishe: 1.00a2.00 bushel, squash, ¢ tomatoes, crate, 1.50a4.00. packed,. bbl, 4.00a8.00 2.75; grapefruit, box, 3.5 . quart, 10: spinach , 1.50a2.5 apples, crate, 6.00a8.50; peache: cantaloupes, crate, ; berries, quart, 10a18; huckleberries quart, 10a20; watermelons, per car, 400.00. Selling Prices at Noon. ‘Wheat—No. 1 red Winter, spot, ex- port, no quotations: No. 2 red Wintes spot, domestic, 1 nominal; No. 2 red Winter, garlicky, domestic, 1.8, nominal; 3 red Winter, no quo tations Sales—None. Corn—Cob, new. 6.75; nominal, per v 131 bu vellow, spot, 6.5 barrel; hel 1a track yel- , 601%a60; No. 8, 5 Rye—Nearby, spot, 1.20. Hay—Receipts, 23 tons. The local hay market is well supplied with all grades excepting No. 1 timothy, and the local demand is quiet. Tone of the market is easy. Low grade and in ferior hay is hard to move and of irregular value. Quotations today—No. 2 timothy, 17.50a18.00; No. 3 timothy, 14.50216.00 No. 1 light clover, mixed, 17.00a17.50 No. 1 clover, mixed, 16.50a17.00; 2 clover, mixed, 14.00a15.00. Straw—No. 1 wheat ton; No. 1 oat a16.00 straight rye, 18.50a19.00. 1.10a1.15; No No. —— INTEREST IS READY. NEW YORK, June 6 (#).—Funds have been received by J. P. Morgan Co. to pay the coupon due June 15 on the American, British and French issues of the imperial Chinese gov- ernment 5 per cent Hukuang Railway loan and also to pay the bonds of the pecker does the same thing and is the biggest kind of bore. i anie series drawn last December for edemption on June 15.