Evening Star Newspaper, June 11, 1925, Page 28

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28 - MARKET IS STRONG IN FINAL TRADING 0il Stocks Feature of Day in Wall Street—Many New Tops. BY STUART P. WEST. Special Dispatch to The Star. NEW YORK, June 11.—Oil shares were the dominating feature again in the market today. They were the par- ticular group upon which bullish ener- gles were concentrated. People who have held the oil stocks for the last two vears, and who have gone through all the disappointinents when these | stocks were doing nothing when others were advancing, were saying _today that their favorites had at length came into their own. Three Leaders in Oils. * The three principalleadersamong oils were Texas Company, Independent Oil and Gas and General Petroleum. Un- offictal information concerning Texas Company is that it earned conside ably more than the full year's divi- dend during the first six months, and that an extra distribution is conse: quence is altogether likely. The rise in Independent Oil above 34 for the first time recalled everything that has been ic character since W. C. Durant was elected to the board al Petroleum went up | kelly Oil developed in- 3 sed 20, and there was further talk about the en larged earning power recentl quired through the opening up o properties. Rail Shares Do Better. The pressure was lifted fr rallway shares, and there were re overies of a point or more in Rock Lehizh Valley. and Dela- but as a not Island, Reading and Big Four ran up 3 points ware and lacl whole tne espectally i Despite the claim that dividends on Burns Br s were fully earned in the first quarter, the “B” shares ke nearly 3 points and the “A” shares over 2 points. Reynolds Spring made a new low, and so did 1 Insurance. hipping stocks were strong, espe- cially’ Atlantic Guif and West Indie: and American International. Mer cantile Marine preferred went along, but the Street has not forgotten the adverse comment upon the situation ‘hich the President made at the re- cent annual meeting. Sugar Shares Reach New Top. | Great Western Sugar ran up and the preferred made a new high. Amer- | ican Republic had a remarkable jump. | the tobacco shares were in demand | again under the lead of United Cigar and Tobacco Products. United States Rubber rallied more than a point, and | May Department Stores, which had been weak Wednesday, recovered pa t of its loss West b n Power, on a few transactions, had quite a run up. | Maxwell Motors “B” certificates re- | sponded to intimations that there is to be a capital split-up and that the dividends on the new stock will work | out an equivalent of $12 on the pres- ent stock. Some Other Strong Spots. New high records were made in Standard Milling, in American and Foreign Power, which was up near 4 points; in the 25 per cent paid s of the same company, in Havana Elec tric, in Dodge Brothers preferred, which ran up above 81 on large trad- ing; in Ward Baking “B)" Mack Trucks second preferred and Ameri- can Type Founders. Robert Reis shares rose to new high prices in response to a statement by the president rezarding current business and the outlook. ~He said the company’s business since the 1st of June showed the improvement has amounted to as much as 80 per cent over 1924. Reynolds Spring directors are sched- uled to meet in the first week of July for dividend action. For some time the stock has been inclined downward, and this, together with the none too favorable report of business for the first quarter, have made a poor im- pression in the street. Nickel Plate Merger. The morning market letter of one of the large Broadway commission houses said: O ere fs a lot of bearish talk around on the rails, some even going so far as to say that the Interstate Commerce Commission will not allow the Nickel Plate merger. We question very much the gossip that the commission will frown on the merger in its entirety. Furthermore, so far as we can see, the huying of the good rails on this de- cline is of much better character than the selling.” ™ MARKET CLOSES STRONG. Trading Broadens Out During Final Dealings. NEW YORK, June 11 ().—Con- structive trade news and easy money were important contributing factors to the upward movement in today's stock market. Buliish operations reached their greatest intensity in the oils, motors and public_utilities. Total sales approximated 1,150,000 shares. The closing was stwong. The up- ward movement assumed broad pro- portions in the late trading. Maxwell B certificates soared 6% points and Norfolk and Southern, Atlantic Gulf and West Indies, Great Western Sugar, United Cigar and General Petroleum were among the many is- sues to sell 2% points or more above Wednesday's final quotations. Markets at a Glance NEW YORK.—Stocks strong; sev- eral oils at new 1925 highs. Bonds firm; investment issues re- sume advance. Foreign exchanges eas Belgian francs decline. Cotton steady; better spot demand. Sugar lower; European and Cuban selling. Coffee easier; commission house sell- ing. EHICAGO. — Wheat harely steady; bearish Canadian condition report. Corn steady: dry weather. Cattle steady; choice grades scarce. Hogs irregul OIL CONCERN’S SALES INCREASE 33 PER CENT NEW YORK, June 11 (#).—Reflect- ing higher prices for gasoline and other oil products, as well as greater volume, sales of the Mid-Continent Petroleum Corporation, formerly Cos- den & Co., during May, increased 33 per cent over the month before, and 55 per cent over May last vear. The company announced it was drilling 35 wells chiefly in proved territory, pro- ductfon from which is now bringing $2.85 @ barrel. ; French and TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) ~————Noon. Bid. 99'15-18 100 offer. 2%s Sept. 15, 1925... Ko BBt 5 10zs. | Beth Stl pf (7) Consol Cigar. . .. Consol Distribut. Consol Gas (5).. Consol Textile Cont Can (4).... Cont Insur (6).. Cont Mot (80¢).. Corn Prod (2)... Crucible Stl (4). Crucible pf (7).. Cuban Cane Su. . Cub Cane Su pf.. Cub Am Sug (3). FINANCIAL, Abitibl Pow (4). Ahumada (t1) Ajax Rubber. ... Allled Chem (4). Allis Chalm (6). Am Ag Chm pt Am Bosch. Am Brk Sho Am Can (17) Am Can pf (7). Am Car&Fdy 168) Am Chain A"(2). Am Chicle. ... Am Chicle rt: Am & For Pow.. Am & F P pt (7). AmM&FP 25% (7). Am Hide & Lea. . Am Hide & Ipf.. AmIce (7)..... Am Ice pf (6).. Am Internatl. ... Am LaFra pf(7). Am La Fran (1). Am Linsd pf 31 Am Loco (118).. Am Radfator (4) Am Republic. ... Am Safety R (3) Am Ship & Com. Am S & Ref (6). Am Snuff (12.. Am Snuft pt (6). Am Stl Fdys (3). Am Sugar. ... Am Sugar pf (1) Sumatra Am Sumatra pf. . Am Tel&Tel (9). Am Tobaceo (7). Am Typ Fdrs(8) Am Type pf (7). Am WW&EI 1 A WY Am W Am Woolen..... Am Wool pf (7). Am Writ Pap pf. Am Zinc. .. Anaconda (3) Ann Arbor pf Armour Del (7). Armour TII A(2). Arn Cons & Co. Artloom pf (7) Asso Dry G(2 Asso Ol Atehison (7). Atchison pf (5 Atlantic C Ln!) AtIGuIf & WI.. At Gulf & WIpt Atlantic Refing. . Austin-Nichols Auto Knitter. Raldwin L (7). Bald Loco pf(7). Balto & Ohlo(5) . Bang & Ar pf(7). Rarnsdall A. .. Rarnsdall B. .. Bayuk Cigar. ... Beech Nut(2.40). Beth'ehem Stl. Booth Fisheries. Mfg(33%) dison (8). Bk-Man T pf(6). Bkl Union G (4) . Brown Shoe (4). Brunswick (3.60) Burns Bro (10) Burns Br B (2 Bush Ter de (7). Butte Cop (50c). Butte & Sup (1). Butterick Caddo Central. .. Cal Packing 16) Cal Pete (1%). Calif Tet rts Calif Pet pf (7). Calu & Hec (50c) Can Pacific (10) Cent Teather. ... Cent Leather pf. Cero 4 Pasco (4) - Certain-Teed(4). Chand!er (3) . Ches & Ohio (4). Chi & Alton. Chi & Alton pf. Chi Great West Chi Gr West pf. Chi M1l & StP... Chi Mi1& StP pf. Chi& Nwn (4) ChiPneuT (5).. ChiRI& Pac... CRI&P pf (6). CRI&Ppf (7). Childs (12.40)... Chile Cop (2%2).. CCC&StL(5). Coca-Cola (7) Col Fuel & Iron. Colo Southern. .. Col G & E (2.50). ColG&Epf (7). ColCarbon (4) Com Solv A (4 m Solv B. ngolium (¢ Cudahay Pkg (7) Cushmans (2)... Cuyamel Fr (4). Daniel Boone. Davison Chem Del & Hud (9) Del L & Wn(17). D&RG Wstpf.. Dodge Bros (A). Dodge Bros pf Dome Mines (2). Doug Pectin (1). Dupont (10). ... Durham H pf (7). Duquesne pf (7). IZastman (18)... Eaton Axle (2).. Elec Power ctfs. Elec Powr pf (7) 1Bl P&Lt 40% pd. El P&Lt full pd. ec Str Bat (4). End-John (5)... Erie R R. Erfe 1st pf 3 Fairbks (2.60)... Famous P1 (8).. Famous pf (8).. Federal Lt (*7).. Fed Min pf (7).. Fifth Ave (64c). First Nat pf (8). Fisher Body (5). Fisk Rubber. . Fisk 15t pf (4).. Fleischmann(4). Foundation (8) . Freeport-Texas. Gardner Motor. . Gen Am Tnk (3). Gen Asphalt. ... Gen Baking (6).. Gen Electric(8). Gen El spec 60c Gen Motors ¢6). Gen Mot pf (7). Gen Petrm (2). . Gen Rwy Signal. Gen Refrac (2).. Gimbel Bros. ... Gimbel Br pf(7). Ginter (1%) Glidden Co. Gold Dust. Goodrich. Goodyear pr (8) Grt North pf (5) Grt Wstn Su (8). Gt West S pf(7). Greene Canan. Guantanamo Gulf Mo & Nor.. Gu M & N pf (6). Hartman (2%). . Havana Elec (6). Hayes Whi (3).. Hocking Val (4). Household P (3). Houston Oll... Howe Sound Co Hudson Mn 2%. . Adams Exp (6).. Am Drug (60c). . Open. 1% 94 11 13 89% 81 52% 81% l108% 182% 121% 103 23% 95 12 49% 28% 96% 82% 52% 2% 33% 148 146% 37 224 79% 13% 1815 165% 45% 111% 107% 16% 32 94 108% 109% 63% 114 12% 5 28% 96% Gulf States S(5) = 78% 27% 180 35% 138 35% 70 16% 30% High. 1% 103% 185% 121% 103 287% 52% Y% 6% 40% 92 130% 11% 71% 267 38% 4 87% 2% 63% 113 10% 83% 66% 96 12 50% 2815 96% 82% 63% 2% 34% 148 147% 37 24 81% 14 19 167% 465% 111% 107% 16% 32% 94 108% 109% 63% 69 28 36 39% 106 112% 32% 53% 15 4 101% 18% Low. 70% 94 11 13 89% 80% 51t 31% 103% 182% 121 102% 28% 524 % 5% 38% 91% 129% 11% 0% 111 834 32% 100 12% 70 120% 94% 59 4% 8Y 100% 144 102 3734 63 96% 9 84 140% 94 114 107% 63 107 101 112% 10% 331 66% 95 12 49% 28% 96% 82% 52% 2% 83% 147% 146% 37 22% 9% 13% 18% 165% 45% 111% 107% 16% 32 93% 108 108% 63% 67 28 36% 39% 104 112 30% 53% 15 101 69% 18% 100% 83 113% 17 10% 46 53% 135 % 284% 11% 5% i 108% 55% 144 49 58 104 36% 19% 38% 50% 106% 65% 103% 114 12% 28% 96% 8 27% 180 35% 138 35% 6974 16% 30% Close. 70% 94 11% 13 920 80% 514 32 103% 184% 121 103 23% 52% % 5% 39% 91% 130% 11% 1% 111 83% 341 100 12% 71 122 94% €8 4% 8% 101% 144 102 38 63 97 9 84 140% 94y 118 107% 643 107 101 367 9% 4 7 374 54 964 21% 9 102t 52% 3919 118% 96% 161% 504 47 113% 244 3 111 110% 6% 914 24% 19% 89% 68Y% 384 93% 4% 41% 133 49% 81 88% 91y 26% % 101% 26 86 5% 11% 18 % 114 29 1 121% 125 2 138% 17% 595 49% 481 38% 93% 5 8% 114 284 8% 15% 52% 90% 431 84 94 58% 33 151 121% 36% 58 62% 109 49% 89 90 26% 38% 8T% 2% 63% 13 10% 33% 66% 95 12 50% 2815 96% 82% 63 2% 34u 147% 147% 37 23% 81% 14 19 167% 45% 111% 107% 16% 32 93% 108% 108% 63% 28 35% 39% 105% 112% 31% 53% 15 101 69% 18% 101 83 115 17% 10% 47% 543% 136 286% 11% 76 108% 58% 152 49 58 104 19% 38% 50% 106% 66 105% 114 12% 28% 96% 9 273 183% 36% 138 36% T2% 16% 30% THE EVENING STAR, WASHINGTON, D. C, THURSDAY, NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Open. High. Hudson Mot (3). 60% 61 Hupp Mot (1) 18% Tllinots Cen (1) 13 Indep Ol (1). . 35% Ind Ofl rights. ... % Indian Refining. 9 Ind Refpf (7)... 82 82 *Ingersol R(8).. 225 225 Inspir Cop (50c). 25 26% Interb Rap Tr... 24% 24% Int Bus Mac (8). 120% 120% Int Cement (4).. 67% 68% Int Com Eng (2). 40% 41% Internat Har(5). 106% 107 Int Mer Marpf.. 84% 35% Int Nickel. 30 30% Inter Nick pf(6). 99 99 Int Paper. . 66% 67% Int Paper pf (6). 78% 78% Int Te! & Tel (6) 115% 116% Jones Bros Tea.. 14% 14% Jordan Mot (3).. 42% 42% Kan City South.. 3bu 31% Kansas & Gulf. % % Kayser (Julius). 29% 30 Kelly-Spring.... 17% 18 Kelly-Spring pf. 58% b68% Kennecott (3) 7% 4s% Lee Tire & Rub.. 13% Lehigh Val(3%). 80w Lig & My B(14). 61% Lima Loco (4)... 611 Ioews Inc (2) Lorillard (3). Loulsiana O1l. .. Louls & Nsh (6) . Ludlum (2). MelIntype P (1). Mackay pf (4)... Mack Treks (6) . Mack Trk 2d(7) . Macy HR & Co. Macy pf (7). Magma C (75¢) Mallison & Co Manati (5). Man Emd g (5). Man Shirt (13%). Maracaibo Oil Marland O(75¢). Malin-Rock (1).. Martin-Pry (4).. Mathieson Alka. Maxwell(A)ctfs. Maxwell(B)ctfs. May Dept St(5). Metro Gpf(1.89). 111% 33% 17% 6% 176% 105 88 116% 3914 79% 114% 109% 113% Metro Ed pf (7). 104 Mexican Seabd.. 16% Miami Cop (1).. 8% Mid-Continent.. 347 Middle States. 2 Midind Prpf(8). 1 Mis Kan & Tex. . MK&Tpf (5).. Missour| Pacific. Missoar! Pac pf. Mont Power (4). Montgom Ward.. 51% Moon Mot (3) . 31 Mother Lode 75¢. 7 Motor Whi 1.60. . Muliins Body. .. Murray B (12.40) Nat Acme (sta). Nat Biscult (3). Nat Cloak (4). Nat Dalry (3). Nat Distillers. .. NatDistillerspf. Nat Lead (8).... 149% 81 33 6% T9% 36 Nat Lead pf (7). 117 t Supply (3).. 63 evada Copper.. 12% NY AiIr BrA(4). 524 N Y Canners(2). 43% N Y Central (7). 114 NY C & St L(6).. 123% NYC&StLpf(6). 91% N Y Dock pf (5). 66% v NH & Hart.. 31% ¥ On & Wn(1). 23 Norfolk South. .. Norf & West(7). North Am (3.40). North Am pf(3). North Pac (5)... 624 Orpheum (1.80). 27 Otis Eleyat (6).. 115% 5 126% 467% 49% Otis Steel. 13 Otis Steel p 68% Owens Bot (3) 4913 fic Mail..... 10% Pacific Oil (3) 59% Packard (11.70). 28 Packard pf (7).. 110% Paige Mot(1.20). 20% Pan-Amer (6)... 79 Pan-Amer B (6). 79% Park & Tliford.. 29 Parish & B sta 1% Penick & Ford... 22% Pennsy R R (3).. 44% Penn Seab Steel. 1% Peoples Gas (8). 117 Pere Marq (4) 63 Pere M prior(5). Phia Co (4) . Phla Co pf (3 Phila& RC&I.. 40% Phillip Morris... 15% Phillips Pet (2). 45% Phoenix pf (7).. 91 Plerce Arrow.... 22 Plerce Arrow pf. 72% Plerce Oil. 2% Pierce Oil p! 36 Plerce Petrol.... 7% Pitts Stipf (7).. 98 Pitts Ut pf $1.20. 14 Pitts & West Va. 70% Prod & Refiners. 274 Pub Ser NJ (5). 69% Pub Serv NJ rts. % Pub S Gas pf(6). 95 Pullman Co (8). . 136% Punta Al Su (5). 39% Pure Ol (1%)... 30 Radlo Corpof A. 51% Ray Cons Cop... 11% Reading (4)..... 85% Readingrts..... 184 Reading 2d (2).. 42% Robert Reis..... 21% Remington Type. 72l Replogle Steel... 13 Rep Ir & Steel... 44 Reynolds Sp (1). 10% Rey Tob B (3)... 76% Rossia Ins (6) 88 Rossfarts... 3% Royal D (4.42%) B51% St Joseph LA(2). 48% StL&SanF(5). 79% StL San F pf(6). 82% St L Southwest.. 44 Savage Arms.... 59% Schulte (*8). . 108% Seaboard Air L.. 29% Seabd Alr L pf 40% Seagrave (1.20). 13% Sears-Roebk (6). 167 Shattuck FG(2). 63% Shell Trad(2.06). 41% Shell Un (1.40).. 24% Stmmons Co (2). 40% Simms Pet (1).. 24% Sinclair Ofl. 224 Sinclair pt (8) 90% Skelly Ofl. . 28% South Pac (6)... 98% Southern Ry (5). 94 South Ry pf (5). 86% Spicer Mfg...... 20% Std Gas & E1(3). 49% Std G&EI Df(4).. b2% Stand Mill (5) ... 7T4% StOIl Calif (2).. 59% StOfINJ (1). 44 StOII N J pf (7). 118% Sterling Prod(4). 631 Stew-Warner(5) 66 Studebaker (4).. 44% Submarine Boat. 8% Superior Ofl..... 4% Sweets (new) . % Symington. . 15% Symington A(2). 21% Telautogph 25¢.. 18 Tennessee Cop.. 11% Texas Co (3).... 50% Tex Gulf 8 (T%) 106 Tex & PacC&O. 15% Tex & Pacific.... 46% Tide Wat OfI(4). 145 Timken R B(14). 40% Tobac Prod (6).. 79% Tob Prod A (7).. 100% Transcont Oil... 5 Tnderwood (3).. 42% Un Bag & Paper. 48 Union O11 (1.30). 38 Union Ol (1.80). % Un Pacific (10).. 134% Un Pacific pf(4). 74 Un Tank Car(5). 124 Utd Alloy Steel.. 25 135 T4 124 25 Low. Clos 60 60% 17 18% 112% 112% 83% % 8% 82 225 26 24 24 120% 120% 67% 40% 1064 34 29% 99 66% 8% 114% 14% 42% 674 41% 106% 35% 30% 99 66% 78% 114% 14% 42% 31% % 293, 17% 58 484 13% 80 61% 61 20% % 35% 19% 111% 33% 30 o 29 1% 581% 4% 17% 678 177% | gian { Orleans Public Service, Inc., BONDS GO HIGHER INTRADING TODAY Low Money, New Interest in Rails and 0il Reports Are Chief Factors. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, June 11.—Interest in | today's bond market centered in the announcement of the offering Friday of $50,000,000 Kingdom of Belgium 7 per cent bonds maturing in 30 years, at 98, to give a maturity yield of 7.15 per cent. It was confidently predicted the bonds would be readily the vield being considered very at tractive. Prices of outstanding Bel- sues reacted somewhat today to bring the return into line with that possible on the new bonds. Foreign Group Steady Other foreign bonds were steady, even the German 7s being unaffected by the reports of the financial crisls in Berlin. City of Greater Prague 7%s held their recent gains and Czecho- slovak 8s sold at par. Argentine is- £ues were stronger, the “A" 6s gain- ing fractionally. A specfal demand developed for the short term 7s. In the railway list Norfolk and Southern 5s ran up another point to a new high, reflecting belief in merger possibilities. Chicago, Terre Haute and Southwestern income bonds and refunding 5s were both strong, but St. Paul issues continued to sag. Den- ver and Rio Grande Western 5s were lower, and so at one time were St. Louis-San Francisco Incomes. Good investment inquiry was reported for Southern Railway general 4s. U. S. 4s at New High. In the United States Government list another new high record was re- corded for the United States Treas- ury 4s. Libertys sold around their top prices. Activity in the convertible ofl issues went along with that in thelr respective stocks, Skelly Ofl 615 being one of the leaders, up over a point. American Writing Paper 6s were bought at higher prices in ex pectation of favorable reorganization. Among the important new offerings was $4,500,000 Hurt Building (Atlanta, Ga.) first 7s, maturing serially at prices ranging from 101% to 100, the latter for the longer term. that taken, {DECISION IS RESERVED IN POWER MERGER PLAN BUFFALO, N. Y., June 11 (#).—The Public Service Commission has reserv- ed decision on the application of the Buffalo, Niagara and Eastern Power Corporation, a holding corporation, to take over the capital stock of the Ni- agara Falls Power Co.. Buffilo Genm- eral Co., lagara, Lockport and On- tario Power Co. and the Tonowanda Power Ce under a recent merger agreement. U. S. RAILROAD SHARES HEAVILY SOLD ABROAD NEW YORK, June 11 (#).—The dull and narrow trend of stock transactions vesterday was an exhi- bition of a regular Summer market | being virtually a stalemate, with pro- fessionals competing for small profits in absence of public participation The weakness of raflroad shares, chiefly high-grade issues, was said to be due to a recent heavy liq- uidation in European markets owing to the financial situations there. BOND REPORT PREMATURE. NEW ORLEANSE, La., June 11 (#). A New York announcement that in bonds of the New had been would shortly he offered for sale by Dillon, Read & Co. of New York {s premature, offi- clals of the New Orleans company sald today. While negotiations are considered as under way the matter has not formally been decided by the directors. ed and purchas -— SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) ——Noon Bid.” " Ofter Adirond, P. & L. C_ 6 1029 Alum. of Amer 7, Amirican Sugar on 1033 Amer. Tel. & Tel. 65 192 Anaconda “Copper 65 1 iated Oil 6e 19; imore & Ohio fis 1 Bethlehem Steel 5s 1 . Mil. & St P, R I & Pac. 5lgs of Tyona s 1053 E.1 - FEE m. G. & s Continental G. & E * Du Pont s %8 16 4 Eederal i 5 ederate P Goodyear T. & R. Rs 1 mnlz é Great Northern 7s_1936. 1087 i Gulf Oil Corp. Pa. Hlas 1028, 1013y s Hock. Val. R. C. 5s 1026. 100 H Himite 0116155 1033 1011 Lehigh Pow. Sec. C. 6a 101% % M..St.P. & M. G158 1931 10215 orris & Co. 748 1930 1024 New York Central 6s 1 lOH}fi % Oregon Short Line 4s 1920, 97 e Penna. R. R. 78 1030...... 10714 4 Pure Oil 5%s. August. 1925 100 3 Swift & Co.bn 1082, .. 961 3 Tidewater Oil 6lgs 1 13 3 Union Pac. R R.C. 48 1 29% 3 ‘nion Tank Car 7s 1030 104 - Rubber 738 1030... 108 A Western Union 61,5 1036.. 111 = Westinghouse E.&M. 7s 1931 1005 S UtdClgar(13%). 72 76% 72 6% United Drug (6). 122 123% 122 123% Utd Frult (10)... 212% 218 212% 213 Utd Ry Invespf. 70 170 170 170 U S Cast Iron P.. 159% 159% 158% 158% U S Distributing. 33% 84 33% 33% USHOM (2)..... 34% 34% 3415 34% USIndAlcohol. 86 86% 86 86 U S Realty (8).. 125% 126% 1254 126% U S Rubber. . 45% 4T% 45% 16% U S Rub 1st (8).. 101% 102 101% 102 US Smelting(3). 34% 34% 331 33% U S Steel (17)... 114% 114% 114% 114% U S Steel pf (7).. 123% 123% 123% 123% US Tobpf (T)...107 108% 107 108 Universal Pipe.. 34% 34% 83% 34% Vanadium. . 2T% 2% 27 27 Va-CaroChem... 4% 4% 4% 4% Va-CaroChpf... 15% 15% 13% 13% Va Ry & Power.. 120 122% 120 120 Vivadou 18% 13% 13% 13% Wabash ... 26 26% 25% 264 Wabash DfA(5). 66% 654 664 65% Waldorf (1%)... 16% 16%. 16% 164 Ward Baking B.. 51% 524 b51% 52% Warren Bros.... 46% 46% 46 46% Werrenlstpf... 43" 43" 43 43 West Pen (4).... 126 126 126 126 West Maryland.. 12% 13% 12% 13% WestMA2dpf.. 18 19% 18 19% WestnPac(ba).. 41% 4l% 41 41 Wesn Pac pf(6a) 91 91 91 West Union (15 128% 130% 158% 190% West Air Br (6). 101 101 100% 100% Westinghse (4).. 71 71% 71 71 Weston Elec. 10% 12% 10% 12% Weston A (2)... 22% 238% 22% 23% Wheel& LErie.. 15 15 16 15 White Eagle (2). 28 29 28 29 White Mot (4)... 67% 68% 67% 68 WickwireSpen.. % % % % Wickwirectfs... 4 4 4 4 Willys-Overld... 18% 18% 18 184 Willys-Od pf(7). 101% 102% 101% 102% Wilson&Co..... 5% &% 5% 5% Wilson&Copf.. 19% 19% 19% 19% Woolworth (3).. 184% 137% 134% 136% Worthn Pump... 39% 40% 39% 40% Wright Aero(1). 2414 25% 24% 24% Wrigley (13%).. 51% 51% b51% b1% Youngstown (4). 66% 66% 66% 66% *0dd lots. tPartly extra Dividend rat are the an latest quarterly Unless _otlierwise tPazable in preferred stock. given in the above table sii payments based on the or_ halt-scarly declarations, 47 497% 62% 116 13% 69 49% 10% 60 | 28 | 110% 207 78% 79% 29% 1% 22 44% 1% 116% 63 80 55% 48 41 16 46% 91 224 738 2 | 87 i 7% 99 14 70 27% 68% % 95 136% 39% 30% 51% B1% 11% 11% 85% 86% 18% 18% 42% 424 21% 22 72 8% 12% 12% 44 44 10% 11% 76 76 87% 87% 3% 3% 51% 52% 47% 48 8% 19% 82% 82% 43% 43% 59% 59% 108% 109% 29% 30 0% 40% 13% 14 167 168 631 64 41% 41% 24% 247 40% 41% 24% 26% 22 22% 90% 913 28% 29 98% 99 93% 94 864 864 204 20% 49% 49% 5215 b2% 1% 74 59 60% 44 46% 118% 118% 631 63% 66 671 4% 44y 8% 9 % 4w % Tk 16% 16% 21% 21% 18 a3 1% 11% 50% 52% 106 106 16% 16% 6% 47 145 146% 40 404 79 19% 100 100 4% 6 42% 42% 46% 46% 38 38% % % 184 134% 74 14 124 124 25 noted, extra or epecial 25 | dividends are not included. JUNE 11 1925 FINANC 1AL I ON NEW YORK BONDS STOCK EXCHANGE I Received by Private Wire Direct to The Star Office. UNITED STATES BONDS. (Bales are in $1,000.) Sales. High. Low. 263 1015 8 102 26 Lib2d 4%s. 288 10115 73 102 3 Lib4thd¥%s 116 102 31 34 108 16 US4%s’62 166 107 18 Lib3%s Lib 1st 4 s Lib 3d 4%4s. US4s1944. FOREIG Close. 1013 “To13 — 102 20 102 23~ 101 12 101 14 102 102 102 28 102 30 103 11 103 11 107 12 107 18 N. Sales. High. Low. Close, Argentine 5 s Argentine 6s 173 Argentine 65 B. ... 310 Argentine 7 .19 Austria 7s. . 30 Bank of Japan 6s.. 15 Belgium 6s. . 138 Belgium 6%s w1.. 185 Belgium T%s 41 Belgium 8s 44 Berne 8s 9 Bolivia 8s 9 Bordeaux 6s. 1 Brazil 7s 16 Brazil 7%s. 2 Brazil 8s. 14 Canada 58 13 Canada 55 1931 1 Canada 53 1952.... 16 Canada 6%s51929.. 3 Chile 75 1943 - 18 Chile 8s 1926 10 Chinese Gov. 'Ry 5s. 20 Christiania 6s. 4 Christiania 8s. 8 Con Pow Japan 7s. 14 Copenhagen 5%s.. 25 Cuba 5%4s. . Czecho 8s 1951 Danish Munic 8s A. 3 Danish Munic8s B. 3 Denmark 6s....... 62 Denmark 8s. 16 DEI5%s Mch '53. b4 DEI5%s Nov '63. 31 Dutch East I 63’47 29 Dutch East I 65 '62. 43 3 Finland s f 65 '45. . Finlands 7s. .. Framerican 7%8 French 7s. .. French 734s. French 8s. . Ger E16%3'50 w German7s. .. Ger Gen Elec Ts. Greek 7s. Halt1 6s. . Holland-Amer 6s. . Hungary 6%s.....142 Japanese 4s 10 Japanese 6% s. l432 Jergens U M 6s°47. 12 LFONS08: -\oo 5 5.0 18 Mexico 4504 asnt. 5 Mexico 45'10 asntd 15 Mexico 55 assented 10 Montevideo 7s. . ... Netherlands 6s '54. Netherlands 65 '72. Norway 65 1943 Norway 65 1944. Norway 68 1952. Norway 8s.... Ortent Dev deb 6s. . Paris-Ly's-Med 6s. Paris-Ly’s-Med 7s. Peru 8s. Poland & Prague 7% : Rio de Jan 85 1946. Rio de Jan 85 1947. Rio Gr Do Sul 8s Sao Paulo State 8s. S Paulo St 8s wi. Serbs Crot Slo 8s Sweden 5%s ct. 31 25 86Y 96% 96% 103 99% 100 86% 9314 109% 107% 109% 954 85 83% 106 98 101 102% 104 102% 101 102% 47 100% 110% 91 9814 100% 100 110 1094 104 110% 100% 100% 102% 102% 85 964 9644 102% 98Y% 99% 864 93 109 107% 109% 95% 85 83% 106 974 100% 102y 103% 102% 101 102 47 7 100 110% 90% 98% 100% 99% 110 109% 103 110% 100% 100% 102% 1021 B8 95% 93% 90% 98 102% BT% 96% 9314 86% 96 88 934 843 94% 99% 8514 22 234 37% 94% 103% 106% 96% 100% 100% 100% 110% 864 85 9644 96% 102% 98% 100 86% 93 Sweden 6s Swiss 5%s 1946, Swiss Confed 8s. Toklo 5. . Ud Kingm § Ud Kingm a&,s 37.§65 1067 106% 1067 Uruguay 8. 3 109% 109 109 Zurich 8s. 17 109% 109% 109% MISCELLANEOUS. Am Agr Chem 5s 5 102% 102 Am Agr Chem T%s. 13 103% 1027% Am Chain sf6s'33. 5 98l 98% Am Smit & R 1stbs 25 99 8% Am Smit & R 6s. 1 107% Am Sugref6s..... 12 102% AmT& Tcltr4s.. 88 97% 97% AmT& Teltrbs.. 43 102 101% AmT&Tsf6s....112 97% 97% Am T & T deb 5%s. 20 104 103% Am T & Tcv 6s . 71338 132% Am Water Wks5s. 9 97 97 Am Writ Paper 6s. 23 61% 60% Anaconda 1st 6s. 41 100% 100% Anaconda cv db 7s. 2§ 101% Andes 7s 25% pd 96% Armour & Co 414s.. 9 R9% RI% Armour Del 5%s. 23 94% 944 Assoclated Ofl 6s.. 17 103 102% Atlantic Refin 5s 3 99% 99% Barnesdall s £ 8 2 105% 105% f£ell Tel Pa 5s 1 102% 102% Beth Steel pm §s 5 934 93 Beth Steel rf § .2 M Y% Beth Steel s £ 6s... 12 94% 94% Brier H St 1st 53%s. 9 100% 100% Bklyn Ed gen §s. 102% Brooklyn Union 5s. %4 10174 Bush T Bldg 68°60. 10 96% 96% 96% Cen Leth 65 '45 cfs. 22 101 100%, 100% Chile Copper 6s. ... 12 106% 106% 106% Col Gas & El5s.... 2 100% 100% 100% Col Gas & Fl 5s sta. 7 100% 100% 100% Commonwth P6s.. 1 102% 102% 102% Con Coal Md 1st 5. 26 824 82% 824 Con G NY 5%swi.. 12 104% 104 104 Consumers Pow 6s. 10 100 99% 100 Cuba Canecv7s... 6 95i5 9514 95% Cuba Cane cv d 8s.. 35 100% 100% 100% Cuban Am Sug8s.. 2 108 108 108 Denver Gas bs. 8 95% 954 956% Det Edison bs 10 101% 101% 101% Det Edisonref 6s.. 2 107% 107% 1077 Dodge wi 6s....... 53 98 97U 9T Du Pontde N 73s. 3 108% 108k 108% Duquesne Light 6s. 8 106 105% 106 Est Cuba Sug 7%s. 7 106 104% 105 Empire G & F 7%s. 38 105 104% 10% Francis Sug 7%s.. 6 106% 106 106% Gen Refractres 6s. 2 101! 101 101 Goodrich 6%s . 10 105% 105% 105% Goodyear 8s 1. 16 1093% 109% 109% Goodyear 8s 1941.. 65 120% 120% 120% Hershey 651942... 1 103% 108% 108% Hoe & Co 6%s..... 9 103% 103% 103% Humble C& R5%s 7 101% 101% 101% Iilinois Bell 1st 55. 17 101% 101% 101% Illinois Steel 4%s.. 19 95% 95 95 Int Mer Marine 6s. 30 87 867 B86% Inter Paper 6s'47.. 11 92% 92% 92% Inter Paper 6s. 3 974 9T% KCP&Lt6sA 100% 100% Kan G &E168'52.. 5 102% 102% 102% Kelly-Spring 8s... 6 101% 101% 101% Lackawa S5s'60.. 7 93% 93% 931 Lacl G ref 5s'34. 5 101 100% 101 Laclede G 5%s’53. 12 101% 101% Lorillard (P) 5s. 9 9% 97% Louisv G & E 5 5 98% 98% Mid-Con 6%s,'40.. 2 97% 974 Midvale Steel 55... 20 92 92 Montana Pow 5s... 6 99% 99% Mor's & Co 1st 4%s 19 84% 844 New Eng Tel §s... 100% N Y Ed6s"44 wi. 101% 101% N Y Eden 1st6% 115% 116% NYGEL H&Pb6s.. 8 103% 105% 103% NY Tel4%s...... 3 98 98 98 North Am Ed 6s... 10 101% 101% 101% NorOhlo T&L6s. 3 95% 95% 9% Nor States Pow 68, 11 98% 98% 984 Nor States Pow 6s. 2 105 104% 1056 s Steel 7%s . 10 97% 97 97 g::! gtesl l:‘ 16 102% 102 102% Pacific Gas & El bs. 18 98% 98% 98% PacT&T 1stbs... 1 101% 1018 101% PacT& TH68'62... 18 99% 99% 993 Pan-Amer Pete 6s. 58 114 113% 113% Phila Co 5%s ‘38 5 99% 99% 99% PhilaCoref 6sA.. 11 105 104% 105 Phila& RAC&I5s 6 100% 1004 100% Plerce-Arrow 8s... 8 103% 103% 103% Producers & R8s, 2 111% 111% 1114 Public Service 6s.. 15 99% 99 99l Pub Serv Elec 6s... 17 107% 107 107% P ServGas5%s’59 6 104% 104% 104% P Serv Gas5%s'64 28 105 104% 104% Punta Alegre 7s... 5 105% 105% 105% Remingtn Arms6s. 1 88 83 88 RepIr&Steel5s.. 6 98 97% 98 Sincialr Ofl 8s. .289 114% 114 114% Sinclair Oll 6%s... 70 89 88% 89 Sinclafr Ofl S 57 95 941 95 SinCOPLE6 - 29 100% 100% 100% Sin Pipe Line5s... 6 87% 87 87_ Skelly Ofl 6%s 887 118 117 118 South Bell Tel 55.. 1 101% 101% 101% Southwest Bell 6s. 98 101 100% 101 Sug EstOrient7s.. 5 96 96 96 Tenn Elec Pow 6s.. 5 103% 103 1034 Tide Wat Ol 6%s. . 12 108% 103% 103% Joledo Bdn 1st7s.. 4 100% 109% 100% United Drug 6s 4104 104 104 UnfonBag&P6s.. 1 97% 97% 97% » - Sales. High. Low. Close. | USRubistrfbs.. 27 89% US Rubber 7%s... 2 106% US Smelter 6s..... 4 100% USSteel s £55.... 12 106% Utah Pow & Lt 5s.. 11 97% Va-Car Chem 7s... 29 97 Va-CarCh 7%sw.. 1 6% Vertlentes Sug 7s.. 3 91%% Warner Sug 7s'39. 3 82% West Elec 55. . 11 100% Westn Union 6%5. 2 111% Westinghouse 7s.. 8 107 Wickwire Spen7s.. 1 824 Willys-Ov 6%s'33. 4 101% Wilson & Co 1st 6s. 15 99 Wilson & Ccv T%s. 10 67 Winchester A T3%s. 2 101% Youngstn S& T 6s. 16 100% RAILROADS, Ann Arbor 4s. 18 74% Atchison adj 4 1 824 Atchison gen ss 47 9% Atlantic CL 1st 45, 8 93% Atlan CL 4%s'64. 5 94% Atlantic C L 7s. . 1 107% .. 13 90% 30 94% 2 9l 6 103% 3 103% .... 28 103% B&OPLEWYV 4s.. 15 88 Bkiyn Manhat 6s.. 178 90% Buff R & Pitt 4% 6 87 Canad North 6%s.. 4 118% Canad North 7s. 5 116% Canad Pac deb 4. 8 80% Car Clinch & O 6s.. 23 107% Central Pacific 4s.. 1 89% Ches& Ocv4%s... 21 98% Ches & O gn 4%s.. 23 93 Ches&Ocv5a..... 41 108 Chi & Alton 3%s... 52 52% ChiB&Qgn4s's8. 2 91k ChiB&Q1strf5s. 11 103% CB&Q-Tll3%s... 5 8% CB&Q-Olldivés. 1 93 Chi&ETgn 5 74% Chi Great West 48.120 65% QN & Puget Sd4s. 9 4T M ESTP 4s'26... 20 48% > S ... 2 4B% 23 80% 39 49% 50 80 15 48% 5 49 15 103% 5 84% N 5 954% N 1 106% Chi Rys 5s. 6 76% ChiRT& 9 84% ChiRI& 7 884 ChiTH& ... 54 884 Chi Un Sta 434s. 1 93% Chi Un Sta 5s. 21 102% Chi& WIndcnds.. 21 81% C& W I5%s'62 3 100% CCC & St L 5s. 30 99% CCC&StLrf6sA. 3 104 Clev Term 5s...... 10 100% Cleve Term 5%s... 4 106% C&S 1st 45°29 5 9814 Colo & Sou 43%s.... 10 95% Cuba RR §s.. 9 87% Del & Hd 1strf4s.. 4 91% Del Hud cv 5s°35.. 4 1074 Del & Hud § 2 1024 Den & Rio G cn 4s.. 29 R4's D& RioGimp5s.. 8 98% D& Rio G Wstbs.. 35 5T% Des M & Ft D 4s 1 51 Erfe 1stcons 4s.... 13 T1% Sriegends........ 82 63 Frieconv4sA..... 6 65% Erfe conv 4s B 6 65% e conv ext 7 1 108% e & Jersey 65, 1105 Fla E C 55 '74. 10 96% Gr Trunk sfdb 6s.. 5 107% rand Trunk 7s 6 116% Great North .- 9 94w Great North 53%s.. 12 101k Gr North gen 29 110 G Mob&N 5%sB'50 2 102 Hud & Man ret s.. 22 91% Hud & Manajss... 9 77 Tl Centralref4s... 5 918 111 Central 5%s 8 102% 111C-C St L&NO 6s. 8 100% Int Rap Tran 5s... 14 68% Int Rap Tr 5sstpd. 1 68% Int Rap Tran 6s... 2 70% Int Rap Tran 7s... 24 90% Int& G Nor 1st 6s. 5 1044 Int & G Noraj 6s..102 734 Kan City Ft§ 4s... 32 87% Kansas City S3s... 3 75 Kansas City §5s... 10 92 Lake Shore 4s'31.. 28 9714 Lehigh Valcn4s... 1 82 Manhat Rycnds... 3 634 Market St Ry 7s... 17 99% M{IEIRy&L5s... 22 911 M StP & SSM 6%s. 2 102% MK&TIistds.... 12 85% MK&Tadj5s.... 77 85% MK&TprinSsA. 44 95 MK&T6sC... 2 103 Mo Pacific gen 4s.. 60 66 Mo Pac 581965.... 5 90% Mo Pacific 6s 13 101% Montrl Tm 1st §s.. 22 984% Nassau E Ry 48'57. 5 62% OTex&MinS5s. 2 97% OTex&MG5sB.. 45 97k NOT&M5%s 8 1017% NOT&M5%sn.. 18 102 NYCengen3¥%s.. 1 78% N Y Centcn 4s’'08.. 2 86 Y Centdebds.... 10 95 N Y Centri5s 11 102 NYCentLScl3%s 1 77% NYC&StLdbds. 2 954 NYChi & St L5%s 39 97% New Havencdés.. 1 92 NYC&StL6sA.. 5 103% NYRyrfdsctfs.. 10 51% Y Rys 63 '66. 40 301 NY W& Bos 434s.. 2 66% Norfolk & W cv 6s. 13 130 Northern Pac 3s 1 ‘62 Northern Pac 48 9 86% Northern PacisD. 5 96% Nortliern Pacri6s 3 106% OreShort Lref4s. 1 97% Ore-Wash 1st rf 4s. 17 84l Pennsyl con 4%s. 9 99% Pennsyl gen 4% 18 93% Pennsyl gen 5s. 12 102% Pennsyl b5 '64 66 98 Pennsyl 6%s. 5 110% Pennsyl gold 7s.... 10 108 Peoria & Einc4s.. 10 35% Pere Mrq 1st 43'56. 27 84% Pere Marq 1st 6s... 20 100% PorRL&P68'47. 4 1004 Reading gen4%s.. 8 95% Rio G West 1st 4s.. 5 864 Rio G Westcl4s... 9 Td% RIATk& L 4%s... 12 88% St L IM&S 45°29... 2 96% StL IM&S R&G 4s. 5 89% .88 7% 25 92 19 100 .32 91 .81 88 19 103% 1 82% .10 90% StP & KCShL 4%s 7 874 St P Un Dep 5s. 2 102% San A& ArnP4s.. 19 854% Seabd ALrefds.. 12 TI% ;| Seab’d A Liadj 6s.. 17 81 Seab’d A L con6s.. 22 94% Sou Pacific 4s°29.. 11 97% Sou Pacific clt 4: 1 88% Sou Pacificref 45.. 74 914 Southern Ry gn4s. 70 80% Southern Ry 1st 55. 15 1034 Southern Ry 6sct.. 14 106% ‘Term Asso St L 5 1 100% Third Averef4s... 2 67% Third Aveadj5s... 2 41% Tol StL & W 4s 2 86% Union Pac 1st . 4 94 Union Pac 1st rf 4s. 59 874 Union Pac 48 '27... 12 99% Un Pac 1st rf 55 2 107% Unton Pac cv 6s 2 103% Virginia Ry 1st 5s. 55 100% Va Ry & P 1st 5s, 1 98% ‘Wabash 1st 2 101% Wabash 24 5 98 Wabash 5%s ‘76. 88 97% Western Md 4s. 10 66% Western Pacific 65. 30 95% Wheel& LEcn4s. 5 76% Whel & LErfd4%s 21 74 ‘Wisconsin Cent 4s. 20 80% 89 106% 100% 105% 97% 8% 86 94% 101% 7% 947% 97% 92 103% B51% 30 66% 129 62 86% 96% 1065 9% 845, 9% 93% 102% 984 110 108 35% 8434 100% 100 95 86% 4% 88% 964 89% 774 91% 993 90% 87% 102% 82% 90% 87 102% 85 1% 80 94 97% 88% 914 9% 103% 106% 100% 67% 41% 86% 93% 87% 99% 107% 103% 100% 98%, 101% 98% 9T 66% 95% 6% 3% 80 7% 91% 99% 90% B7% 102% 82% 90% 874 102% 85 1% 81 94% 97% 88% 911 80% 108% 106% 1007 5% 41% 86% 94 874% 9% 107% 103% 100% 98% 101% 98Y4 97% 661 954 T6% T4 80 MILLIONS IN SHOWERS. ATLANTA, June 11 (Special).— Re- cent showers were “worth millions” to Georgia farmers, according to State agricuitural officials. Vegetables, melons, grains and peanuts were suf- fering from dvought. -~ { Heac s National Group C. CLINTON JAME! Elected president United = States League of Local Building and Loan Associations. WHEAT PRICES OFF ON RAIN REPORTS, Heavy Downfall in Canada| Starts Market Down. Corn Is Higher. i | By khe Assoctated Press CHICAGO, June 11. averaged lo i ~Wheat prices | er today during the early dealings. He: raing in Canada counted somewhat as a depressing factor. Trade was chiefly in small lots, with most of the pit speculators | working for a decline and disposed to | regard unfavorable crop conditions as | having heen discounted in full The opening, which ied from unchanged | figures to 23 cents lower, July 1.60 to | 1.61 and September 1. to 1.60, was | followed by a 1y and 1.60% for 'nlvmbnr but then by | a fresh downturn all around to well | below yesterdav’s finish. Corn” and oats developed strength | owing largely to adverse crop pros pects, both for oats and hay. After opening at 5 cents off to % cents up, September 1161 to 1.17, the corn ket scored good general September touching 1.18%. Oats started at_ 4 to !z cents de- cline, September 533 to 54 cents. Later, all months showed a material advanc Prov change. VH{FAT— gains, r] ions were without important | September RIBS— July . September * &3 85 & CHICAGO, Ju “nited States Department of Agzriculture).—Hog: Receipts, 30,000 head; active, irregular; mostly iv to 10 lower; under weight largely to 50 h Mnk good and choice, 200 to butchers, 12.00al top, 140 to 160 pound welght, packing sows, largely 10.80a11.20; ma Jority strongweight ang pigs, 10 al0.75; heavyweight hogs. 11.90a12.30; medium, 11.80a12.25; light, 11.00a12.05; light light, 10.2 50; packing hogs, smooth, 10.90a11.30; packing h rough, ' 10.70a10.90; slaughter pigs, 10.00a11.00. Cattle—Receipts, 9,000 head; fed steers and vearlings uneven; better |s grades fed steers steady to to 15 higher; in-between grade yearlings, weak, spot, 10 to 15 off; medium to good kinds predominatin: strictly choce offerings absent; early top lo yearlings, 11.1 10.70a 11.00; few loads weighty steers, 10.25u she stock dragging, steady to lower; grassy und heifers showing m: canners in lib- eral supply: very bulls practically steady; bulk bolo . 4.85a ; veal- ers, quality considered, lower; mostly 8.25a8.50 to packers early; pit- ders taking choice offerings at 9.00a 9.50; stockers and feeders steady, mostly 5.50a7.00; plain light stockers downward to 4.75 and below. Sheep—Receipts, 12,000 head; slow: few early sales fed lambs and year. lings around steady; good to choice vearlings, 13.50: native lambs, 15.50a 15.75; no Idaho lambs sold, asking tully steadp rices; few odd lots of fat native ewes, 5.50a6.00; steady. GRAIN AND PROVISIONS. BALTIMORE, June 11 (Special).— Potatoes, per 100 pounds, - new potatoes, barrel, 1.75a4 paragus, 1.00a3.00; bu hel L 3 .50; ; as’ beans, , bushel, 00; cab: carrots, 3.00a 6.00; corn, crate, 2.00a3.00; cucumbers, hamper, 1.00a3.00; eggplant, -crate, 1.25a3.00; lettuce, bushel, 50a1.50; peas, hamper, 75a1.50; peppers, crate, a4.00; onfons, crate, 3.00a3. Spring_onions, 100, 1.00a1.50; rhu- barb, 100, 3.00a4.00; radishes, 100, 1.00a2.00; squash, crate, 1.50a1.75; tomatoes, crate, 1.75a4.00. Apples, box, 3.60a4.50; grapefruit, hox, 4.00a6.50; strawberries, quart, 16230 pineapples, crate, 2.50a4.00; oranges, boxX, 7.00a8.50: peaches, bushel, 2.50a4.00; cherries, pound 4a5: cantaloupes, crate, 2.00a6.00 blackberries, quart, 10ai8; huckle- berries. quart, 20a30; watermelons, each, 90a1.00. Selling Prices at Noon. Wheat—No. 1 red Winter, spot ex- | port, no quotations: No. 2 red Winter, | spot, domestic, 1.83%, nominal; No. 2 red Winter, garlicky, domestic, 1.83% nominal; No. 3 red Winter, no quo- tations. Sales—None. Corn—Cob, new, yellow, spot, 6.50a 6.75, nominal, per barrel; track vellow, No.'2, 1.31 and 1.32 bushel. | Sales—None. ! Oats—No. 2, 63 and 64; No. 3, 61 and 62. Rye—Neaby, 1.00a1.10; No. spot, no_quotation. Hay—Receipts, 64 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 inferior hay is hard to move and of Iftegular value. Quotations today—] timothy, 17.50a18.00; No. 3 timothy, 14.50a16.00 No. 1 light clover, mixed, 17.00a17.50; No. 1 clover mixed, 16.50a17.00; No. 2 i beets, h;\ge “crate, 2.00a2.75 100, 2 rye, clover, mixed, 14.00a15.00. Straw—No. 1 wheat, 15.00a15.50 per ton; No. 1 oat, 15.50a16.00; No. 1 straight rye, 18.50a19.00. —— e Only a strong-minded man can read the persuasive advertisement of a lgreat as the | ciatio: | has | terly div | on June 2 [and second vice AVES FADE HEAD OF NATIONAL BODY Local Building Association Member Elected President of Federal League. BY CHAS. P. SHA C. Clinton James v dent of the United States League Local Building and Loan A. this morning, nual conven Kansas City, irst preside, strict of Col Figures 1 vention sho ingand loan as ates, with tc 495.19. Growtr from a sn tury ago has be the last five gain in assets 615.19—an Mo pubiic there are the 11.854 bu in the Ur in ell. He was pri District of Columbia Lague of B ing Association: for three and is & memb mittee. He has fourth, third, sec nts of the r been ch legislative committes ¥ He ganizer of the Building Assoc Other officers zation include: of Shawnee, Okla Otto vice pre ell of r of he: its executi 4 the nal ¢ man o for t Di Guarante the regular sem the ra the fully ferred st on July June ‘While no figures public consu compan in_excess and there proxim stock w ing di t The Mortgage Bon Corporation deals exc mortgages on Dis Savings The United also w of Other Dividend Action. Directors of the ) John C. for the e Walker a named to the r G Gfffoes of first Charles A, McCarthy was n as secre- together tute Beall, the directorate James A. Donoho H. McKee, M N. Payne, jr. Northeast Bank Directors of t Bank have d annual di on June 30. ]hu 3 from June 25 to 30 voted the transfer of surplus fund, making t 000. Lanston Leads Lanston Monotype \lsn in List. Local Stocks. as the 1 ding Washingto morning. Gross s shares, but the pr level of 83 remairied intact throughout. Another L-n;:m po| preferred ened fractionally to £3, and wa: to the extent of 101 sh: Tractiog was strong at 9 National Mortgage and Inv preferred at 9%. Commercial Natio Bank continued upward, 30 shares selling at 169 and 169%. $50,000,000 BELGIAN LOAN ARRANGED IN NEW YORK NEW YORK, June 11 (#).—Flota- tion of a $50,000,000 loan for the Ki in recent dom of Belgium, the lar bond offering arranged here vear, is announced by J. P. gan & Co. Public offering of the & which matures in 30 vears and carrles a 7 per cent interest rate, will be on Friday. The bonds are priced : 98, to yleld the investor 7.15 per cent. DETROIT AUTOMOBILE OUTPUT VERY HEAVY Special Dispatch to The Star. DETROIT, June 11.—Figures the Ford output in May show 182 cars and trucks, 10,000 tractors and 7756 Lincoln cars produced, and t! company has been running on a similar schedule for June. The Chet for rolet factory shipped 52853 cars in May. Retall sales were 48,176. The company started this month with unfilled orders for 30,769 cars. DAIRY PRODUCTS. BALTIMORE, June 11 (Special).— { Poultry—Spring_chickens, pound, 3sa 50; Ireghorns, 30a40: old hens, 2%a 27; Leghorns, 22a23; roosters, 16; ducks, 14a20; young ducks, 28a80; pigeons, pair, 20a30. Eggs—Receipts, 1,548 cases: near~ by firsts, dozen, offered at 2913a30. Butter—Good to fancy creamer: pound, 40a45; prints, ladle 31a32; store packed, 28z dairy prints, 29a31; rolls, 29a31; process butter, 34. LIGGETT SALES JUMP. NEW YORK, June 11 (#).—The month of May (except December, which is a holiday period) set a rec- ord for gross sales in the chain of | Liggett Drug Stores, which is owned {by the United Drug Company. Gross sales were $3,566,277, as against $2,267,073 in 1924, a gain of 8.85 per cent. BACK DIVIDEND VOTED NEW YORK, June 11 (#).—Penick & Ford declared a dividend of 1% per cent toward accumulation on the pre- ferred stock in addition to the regu- lar quarterly disbursement of 1% per patent madicine without being con- vinced that he needs a bottle of it. cent, both payable July 1 to holdars of record June 20. -

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