Evening Star Newspaper, July 2, 1925, Page 30

FINANCIAL, ‘'THE EVENING STAR, WASHINGTON, D. C, THURSDAY, JULY 2, 1925. FINANCIAL. MH IS STRONG [ NEW York sTocK EXCHANGE | ([, , BONDS SCORE | Coxmor vor BONDS stocx excrance] Fchange, Soew, INEXT BANK REfilfiT Received by Private Wire Direct to The Star Office * Received by Private Wire Direct to The Star Office. IN FlNAI- TRAUIN Open- Hllsh; Tow,, Close: | Oteaion, 3 1 NE D UNITED STATES BONDS. I Sales. High. Low. Close New Record Prwe; IS DUE V[R Adv Rumley.... 14% S v Lib3%s 1015 1011 1011 | Warner Sug 75 '41. 95 95 ANEVYE BORE S IulyiZ e Thpp =S Ad Rumley pf(3) 521 52y 52 |Hupp Mot (1)... 19% 193 : fratlesinsiio T i 102,80 10227 10280 |Westeons:: . 100% 100% 100%| cending values' of membership in Ahumada (11).. 10% 10% 11 | Illinots Cen (7).. 113% 113% Lib 2d 4%s. 101 16 101 14 101 14 | Westn Union 6%s. 6 112 111% the New York Stock Exchange took | Alr Redue (4)... 102 103% 101 Indep Ol (1). ... 39% 38% i ; e %6 watren another upward spurt today when | i ; Two Dozen Issues Mount to 4! Rubber 15% 5 15%Ind ONl rights. 1 g +| Foreign Issues Also Strong, Eib fonsss 215 103 50 1035 1035 | Willys-Ov 635a 33, |7 Lobws 105% a new record high price of $§122,000 Losses in Deposits Expected | Allied Chem (). 90 90% | Ind Ref pf (79 89 was paid by Kenneth R. White of s 91 % H H US4s1944. 31 10412 1045 10412 Wilson & Co 1st 6s. 6 99 99 o . o ¢ i New High Levels Dur- Allied Cm pt(7). 120 12 9% | Inspir Cop (50¢) . 26 Due to Rallies Today in US4%s 52 195 10810 108 1088 | Wilson & Co cv 6ar Tk Tin New York City for the scat of From Heavy June With- Allis Chalm (6). 82 83 Interb Rap Tr. .. 28% Wilson & Cev 7%s. 13 70 70 -';""Ie*‘ M. M; "'"\' ;”’“ '““";"""h"‘ H 5 | Am AgriculChm. 2 % 19% | Internat Agri. 14% FOREIGN. ‘Winchester A 7 1% SR Nienonn, Sndonson tatso sl —] ing Session. Am Ag Chm pf.. " | Ipt Bus Mac (8). 122 e Exchanges. Sales. High. Low. Close. [ Jo HCHERIer & T 2. Lo 101 sold to Oliver J. Anderson for | drawals—Notes. Am Beet Sug(4). Int Cement (4).. 62 " ol Argentine 65'59...119 96% 964 96% : s $120,000. ~ Am Bosch. . Int Cement rgts. 3 3 4 Argentine 6s A 45 96% H5Th RAILROADS. The high figure today is $6,000 | Am Can (17). Int Com Eng (2). BY GEORGE T. HUGHES. :rgannna 6s B . 21 98- Sales. High Cl above the record price id on | BY (HAS. P. SHAEFFER. . 4 v 30 rgentme7s...... § 1027 Ann Arbor 10 78 78 73 | June 25 by Otto B. Reimer for the | piinks for ve SpecIAlDipash o e Bear s xe AmC&F pf (7). Inter Har pf (7). e Dipsion oMhests o | Austria7s. : 99t Atchisongents... 9 90% | seat of S. T. Streit, president of the | pary o 1o gonfiton NEW YORK, July 2.—Buying opera- | am Chain A (2). 23 3 3% | Int Mer Murine. . MW JTORK, July. 2_Three new|BankofJapan6s.. 7100 99% 100 |AtianticCLels.. 3 88 ‘| Stock Clearing Corporation St ol tlons on the stock exchange were car. | A Gnim o | oAt igh records were recorded in the Gov- | Belgium 65, . §6% 86 K6 |Atiantic CL lst 45, ; 5 93y 92 B stitutions, ried on vigorously again today. with | amChicle pf. ... Int Nickel, A ernment bond list today. The same |Belgium 6%s w 1. . 924 92 92 |AtlanCL4%s'64. 54 934 3 ttutions, and i the average level of prices at the hizh- | Am Drug (80¢). | - & 4 b At N e A three issues which made new tops on | Belgium 7s wi. 98% 98 98 |AtianticCL7s.... 3 107% 107 Il be issued est on record. At the same time the | Am & For Pow IntBuper : g Wednesday were the favorites——name. | Belgium 73s... . 733 1087 1081 108% | B & O gold fx. 8 907 {2 = point of fute market was called upon to absorb & [Am& F P pf (1). | Int Paper pf (8) 4 |1V the Treasury 4s, the Treasury 4%s|Belgium 8s. .. 107% 107% 107% | B& Ocv 4%s. 21 93% “ Tice controfler's 0 larger volume of “realizing. Am Hide & Lea. . Intl Paper pf'(7) . . |and the Fourth 4% Liberties. Zerne 8s. eee 1109% 109% 109% - 26 91% or Automobile shares were the princl: | Am Hige s rop: " b g 2 e Buying by Institutions was still the | Bolivia 85 95% 954 95% 15t 55 ot 8 108% pal features. The buying in neral | Am Ice (7)...... Int Shoe (5). main support of the market, and, as|Brazil 7s. . 82 814 82 . 11 103% 103 Moto peared azaln o be COMME | A Tt o 5% | Int Ter & Tl (8) s |the floating supply is steadily dimin-|Brazil8s. . 98 9T 98 rfimp 5s. .. 28 103% % from sour which have heen 'K | Am La Fran (1). 13 3 3% | Intertype (t1%). 23 29 |Ishing, price advances come about|Canada5s1826.... 100% 100% 100% OPLEWV4s.. 8 | of ‘the Big moves ion previous occa: | AmTiaseen. ) = more easily than ever before. Ivi-|Canada5s1931.... 7 102% 102% 102's | B&O Sw Divsscfa. 66 sfons. There was increased pool ac- | Am Linsd pf 3 4 ewel Tea. .. 9 B 1 dences of an easier trend in time|Canada 5s1952.... 103% 103% 103% [ B & O Toledo 4s... L VIt in Moon Motor- - Packard made | Am Foes (riare: Jones Bros Tea.. 19 20 | money were also helpful to the mar-|Canada 6%s1929.. 2 1027 102% 102% | Bklyn Manhat 6s. . 157 to have bank 1 a new high, above 35, on « large turn- | Am Loco pt (1) 50 | Jordan Mot (3).. ket. TFractional advances were scored | Chile 7s 1943 © 11 101% 101 101% | Buff R & Pitt 4%s. s . [enottihel eonttition over. But the leader was Studebak Am Metal (2).. 5 Kan City South.. 3 2 23, | in the general list, both rails and in-|Chile 851926...... 102% 102% 102% | Canad North 6%s.. 1 | 23 Early Ra"y Soon Ends aSi‘r..n’p,' is . - th 2 Block of 10000 shares was taken at | Am Metal pr (7). 115 11 Kan CSo pf (4). oL sl fod s wholafitonefatitha o e gesodt. - 8 2RTONCHOTIEH 076 | ConiNNox i 7w 6 s d 49, after which the stock was pushed { Am Radiator (4 P 3 ayser (Julius). e tter. 085 1946...... 108 107% Canad Pac deb 4 | il i subst through this figure into new high|Am Republic ). Kelly-Spring. ... Special Features. wsm | Chinese Gov Ry 5s. 9 41% 41 4:%[Car Clinch & O 6s.. 3 Buymg Power Gives Out. “i"‘l SR groun | Am Safety R (3). 56 6 Kelly-Spring 1st Do oatuxes. Christiania 8s 110% 110% 110% | Cent of Ga 5%s. i Washing et st Am Ship & Com. Kelly-Spring pf. In special issues there were several | Con Pow Japan 7s. 34 91% 91 914 [Cent of Ga 6s. 3 Can Also Off | ettt y ; Am S & Ref (). . 103 3 31, | Kennecott (3)., .. interesting features. One was the|Copenhagen 5%s. . 98% 984 9%% | Central Pacific 48 - - St. Louis:San Francisco stood out | aiig ¢ Ref (@) : " | Keystone T & . the brisk inquiry for Detroit United |Cuba 53s. ... 2 101% 1015 101% | Ches & Ocv 4%s. prominently among the rails. "It is{ 40 g rave (3) Kinney G R (4) .. ¢ 4128, which advanced nearly 4 points | Czecho 85 1351... 997 991 99% | Ches & O gn 4%s.. understood that rnings of any-|am susar : A 5 | Kinney pf (8)... p on the announcement that the .Ju 0 |Ches&Ocvis.... i he Associated Press where from $1> (o $20 a share on the | Am ey oo i ,|1st interest had been paid. These | Danish Munic8sB. 2110 110 10| chig Alton 334 CHICAGO, July 2.—Influenced by common are expected this vear. It |l gImAra: ce 8 : ‘-e;“"r‘re_& Rub. . bonds were weak the day before, with | DTk 85 1 s v |ChiB&Qgn 48 5 unexpected relative firmness of wheat Is also understood that one section | ‘m Tal & (o 183 3 ieligh VAl (335) sales running from 881, down to 87%. | Denmark 8s. 110w 110% 110 | B & Q-O11 div 4s. 2% | quotations at Liverpool, the wheat the hoard of directors desired 10| 4o TaigTel (9. Liggett & M(10). ; They opened today at $7% and ad.|DF 13%s Nov's3. 100% 100% | cni & £ 3 gn b8 - 5 |market took an early swing upward | offer holders of the junior bonds the | AT Toraecn (1) : *| Lis & My B(t4). 5 vanced rapidly to 91 ; ch Fast 16347 101% 102 | o) Great West 45, 42 6f todas, but scon! fellibuck o the low |in, The investme privilese of converting into preferred | Am robacee (1 51 9 *| Loews Tne (2).... 2 In the railway list St. Louls-S: 101N 101% | C M & Puget Sad4s. b 47% 474 47h |est figures vet since recent declines| TOl depost stock, but t another secgion held | Am Tobac nf (8) oLt . _ | Francisco adjustment 6s were higher g S e SueacH “25. 9 began. The fact was apparent that .0 APUl Jam s off. contending that if earnings were | am Ton Favs(8) 199 9 125 |LonEBellA (4). on the report that eventually some : G e s e a considerable number of traders|>mounted to £232677 G the/h going to run as high ricipated | Am WAVRIRI 1.20. 6 Ay 1los. 3 3% | offer of conversion into stock, either % : on 991 9% ]CD - were acting on the basis that after | i, il €verar by reporting 3. the conversion offer could just as well | 4 WW&EI pt (6 PRl - 3 preferred or common, at an atiractive | prePCh 1% - 9k aax ia. ha Qrsstic declivies: of late airilly wan be made with common stock Am W W 18t (1) oaistany (})“(‘é - rate, would be made to the bondhold- | fr=hCh 1 ° g : 5 g 5! to be looked for. Buying power, how Wheeling and Lake Eries were tak- | Am Woolen Lu‘(;‘:m]z‘) ). ers.” Seaboard Air Line bonds did bet- | french s:s's'\) T, Ly cv 5s... 13 49 ever, soon gave out, and with no re ent oy Eiitn consiiesable | vikon el ter and Chicago Great Western 4s ,;"mn Te L 8 s 3 3 ports at hand that Black rust in oy common crossing 18 and the preferred | Am Zine ot > 2815 Y 4| McCro B (1.60).. 93 3 /g gained, the influence being expecta- | g "Gl g ro 9 315 | C & D . 5% | fection had brought about any im-|$0.000.000. reaching 33. where they were up 1': | Anaconda (3) on 3 39 av, | Mack Treks (6). o tions of a rate increase. Greek o 6% 86 N W - 3 portant actual damage. the market |, and 21, points, vespectively. This was | Armonr Dei (7). Mack T 1st (7). KoreizoiBonas) Nisonger e 4 “hi & 2 S dropped to about 14 under Satur an aftermath of Wednes move- | Armour 11 A (3. 23 3 Mack Trk 24(7). 2 j EellanaArs .- day’s top figures. Opening pric ment in the Wabashes. Wabash com- | Arn Cons & Co. 9 9 9 9 |Macy HR& Co.. 4 Eoelsn abondsswers in sbotter dei SuRics, AT - 3 2 - 2 half cent off to % up, September, | mon made a new high early in the | Asso Dry G(2%) 3 5 5475 | Magma C (T5e).. mand than on Wednesday. Issuesin| JI0ESEY F56%- o &) 00 3 . 1391, to 1.407, and December, 1.411, day, but subsequently yielded to profit- | agso D G 1st(6). 987 9 q Mallison & Co... 26 especial favor were the Austrian 7s|{aPanese i3 s " ) 934 B e Tt tor Sevtenbac, ana. 1428 taking, influenced by the fact that so [ Asso Of1 (2).... 3 376 Man Bmd § (5)..5 43 3 3 B WS & frestion of pax ana the Ger | SIS S0l ) o 97% 9 4 4|10 1413 for September and 1.43) far there had been no confirmation of | Atchison (7). p A Man Shirt (114). man 7s, which were very steady at|(er&enst Ll S 0 2 o Dby Tat thes by & broas the rumors about the Wabash going | Atchison pt (5).. 5 Manila El (23%). 43 their best price in recent weeks, | Varseillefa ... ; 50w |CCC & St L 4%s 9 98 11 |tor dhan otor Hanteraber anf 140 108 into a new & At] Birm & At. .. Maracaibo Oil. ., French bonds made further fractional | G288 7% PEASEE: & 103% 10315 | CCC & StL 5 | Dacemb SR & ¢ % Atlantle C L(18). 16 Market St prior.. 5 i | recoveries. In bonds of higher gr: d = . 6L | Clev Term 5s. SOSIIL i e 4 Seaboard : SoamE ey + ‘oot | Market St 24 pf. Swiss 5148 were up, but United King- | Yetherlands 6s 14 1063 106% | Guba R R ba. Deepite;diy, Dot weather West and [ 843 900 Ontario and Western, the Eries.|xtiGuit& Wipt 32% 53% 5 Marland O(75¢). 3 31| dom 5135 of 1937 were down. R L o |citar e ads Southwest, together with unfavorable |300. - Great Western preferred, Seaboard | xtias Tack A Malin-Rock (1).. 2374 2 The day's new offerings included [ \orw2y 68 1943... % 100' | Del & H jccopyicomment, § oorufanslos s Avisre extant L n 3ulf, Mobile Forth- e = Martin-Pr: 5 000,000 Yo % orway 6s 1944 .. 100% 100'% | Del & Hd 1st rf 4s " swayed by the action of wheat. Open- {10 §2 Air Line and Gulf, Mobile and North- | 4 udtin-Nichols > Y (4).. 9 $6,000,000 State of West Virginia 4| gorway 631943 100% 100t | Del Hud cv 55 '35 - o ! 5 i ern were all up a point to 2 points and Mathieson Alka. 2 land 4% per cent road bonds at prices | Norway 631952... stk Eehpi B . 9i4 | 108 unchanged to % lower, September, | were considerably more active. Many | EAAWInL (7)... A Maxwell(B)ctfs. 51 (to yield about 4.10 per cent Normayss oo 110% “""‘.ne & R"' ,f“‘ 5 | 1.01 to 1.013%, the corn market scored traders were taking profits in some of | Balto & Ohlo(5). 76% May Dept St(5). — . - Orlent Dev deb 6: : [D& Rio G Wat 55, 13 slight gains. and then dropped to be-| The . the recently active industrials and go- | Bal & Oh pf (4). May Dp S pf(7). Paris-Ly’s-Med 6s. = . low $1.00 for all deliveries. fail ss Dun & Co. H 2 p it X 9 § 2 24| Det United 44s... 56 9 zh.| gives a total 11 1ne dnte: these low and mediurm pricen)| BArngaaliA Metro Gpf(1.89). 21 K c Gs GA N Paris-Ly’s-Med 7s 5 n 2 Oats started unchanged to % high. | & 2 . compared 3 : Beech Nut(2.40). Mexican Seabd. . BAN LEARIN I 3 X [SECcons o 5 W 72%/er, September, 4412 to 44%, advanced | \ith v the first half of 1 rails. Paris Orleans 7s. . . 2 Peru 8s 100 100% | Brie gen 4s. . a little more, and then underwent a |but s ir of § New high records were made in{Bethiehem %[ Miami Cop (1) 2 ¥ EN, h Montgomery Ward, Ofis Elevator, |Beth StIpf (7). o s Mid-Continent 3 2 $4 294 000 IN MONTH Poland 6540, .. ... 70% 70% | Erieconv4s A Go material setback i the $304 .45 Owens Bottle, United Drug, Postum |BrIgEs Mg(3%) ' Midd'e States 2: 2 E ’ ’ Poland 8s°50 wi. .. 0% 0% Sony Higher quotations on hogs gave | t vea Cereal, West Penn Co. preferred, Ward { Bkl Edison (8).. 13t 5 | Midland P pf(12) 113 3 2 e Prague T14s 37 8 95 Ete conv exEls {firmness to the provision market B he second quarter Baking B. Robert Reis, United States | Bkl Man Tran .. 5 5 § :;‘IS(Y\H;AT!X o 32 Riode Jan 85 1946 951, 951 | prie : % |, WHEAT— Open Hish L ) r relow those for the Rubber commic nd*fivst ‘prefetved, | EX-Man RpLo). « 12 i MU & Dnf(B). i Riode Jan 851947. 3 941z 94| S5 " § 6 9 Jul k. t Otis_Steel pr d. which was up|Bk! Unlon Gid). Missouri Pacific. Boliond M 0N enokts 800 e oy s - ocw o 96w |qt Ol T oo ! g 1 i S Brown Shoe (4). Missour! Pac pf. kit i E A E 3 103 1034 -4 e nearly 4 p. Associated Dry Gooy rown S D ’ i ‘ 2 | “CoRN R mpit Novy it Do peetos | Branswlsk (3:60y Mont Power (4). f Residences Under Way So tof S Paulorets. . 15 100% 100% md Weunicds... - | guly d Foundation Co. Burns Br B (2).. 23 23% | Montzom Ward. 6 i Seine Dept of 7s. .. 87% 87 e | Tember p t Gis |less tha e i for the same andSRou dation < Bur Add Ma (3) 4 79% | Moon Mot (3)... Far This Year. et e it 2 z Dearar {period of all v since 1920 e s Bush Terminal. . % | Mother Lode 750. — Soissons 6s .9 85 sk s4x|IrNomthgenis i . | Gasatodhat Nawm AvheriEan 108 TAd & rat s able nin | IR CEIDECT 5 98 5 Motor Wh1 1.60.. y Spevial Dispateh 0 The Star Sweden 5%sct. . .. 100% 100% { :121&15514:;&6 2 il ia Stock iatiNew beaks up, and wperations for the rise were | Sush Ter de (7). 5 Munsingwr (3).. 3 RICHMOND, Va., July 2.—Bank)Swedenfs........ 3 1044 1083 | 117 vana ERL&P '50 P 2l ce o SeWEstEl cas T tphy active in Hayes Wheel around 40. In | Butte & Sup (1). z Nat Acme (sta). T4 T T4 earings for the last month were |SWIss5%s1946... 13 1017 102 1 43,3 & Man ref 58 A ptember 2588 [ e Al gy the equipment group the features | Butterick Nat Riscuit (3).. 7 2 4,000 in excass of the same month | SWiss Confed 85 4 115% 115 | Hyd & Manaj 5s... 26 7 15 | Pecember % e o 1 % were Pullman and Railway Springs, |Caddo Central... 7 % | Nat Cloak (4)... 3 " r ago. All the banks of the | Tokio 20 68 68 |11l Central 5%s. . 2 h e i o len L0 both of which were up 3 points or |Cal Facking 6) 1157 Nat Dalry (3).. ; ity have had fine business for the|Ud Kingm 5%s"23. 13 116% 116% 116% | )] CEA'ER) O %¢ b B ne. cle : more. Some buying appeared for a |Cal Pete (1%)... 28% 2 28 t Dpt Stores. . 42 x st six months and there appears|Ud Kingm 5is°37. 22 104% 104% | 1t Rap Tran 5s. . 6 —_— e at 62 time in Columbia Gas. which carried | Callahan Zine. .. 215 t Enamel & S. 3 to_be plenty of money Uruguay 8s 1 109% 109% 109% | 1n¢ Rap Tr 55 stpd a0 3 3 S L 2 { 6F 90 shares, the stock forward a point. National | Calu& A (12%). 484 at Enam pf(7). ~The building operations for the first |Zurich 8s... bl 110% 110% | 1n¢ Rap Tran 68 3 70 | BOTH HARD AND SOFT o Department Stores was active at ad- | Calu & Hee (50¢) 138 3% | Nat Lgad (8). : : six_months of the vear are in exce MISCELLANEOUS, Int & G Nor ] 6s. vancing prices. Air Reduction, O Can Pacific (10) 1431 143 2 t Lead pf (7). of $9,000,000, with the belief that the [ 4 Slremet x| Towa Cent 1st 58 5 54 [T Bcdom i oyed mel F ind Brunswick-Balke were | Cent leather.... 18t | Nat Supply (3). 6 record will again be broken. More| 4% Rubberss. . 35 101% loss 1oa™ | Kan City Ft S 4a. 3 COAL SALES DRAGGING r. Lo ndlt o other specialties which came in for at. | Cent Leather pf. 8 2¢ Nat Sup pf (7) than 800 new residences have been | Am Chain sf 6s'33. & 98' on o8 |Kansas CityS3s.. 3 3 e e e tention X Cero d Pasco (4) 2 2 Nevada Copper-. . b projected so far eyl S R 2% |KansasCity S6s... 12 3 Special Diepatch to The Star was recorded et Certain-Deed (1) ¢ Nt N G&E pf(7). of these to be ready occupancy | Am Smit & R 1st 55 23 98% 984 9xt | Lake Shore 43 '28 : NEW YORK. July .—Despite the |t $i1z. and MARKET € 5 Chanaler ) 2 s HB0 - 304 | NOY €anners(2) before September 1, which is the | Am Smit& R 6s... 12 1074 1074 107t | Lake Shore 4531, 3 ibelief of most authorities that con-|{#Vesh e pEelen & s 4 Ches & OBlo (47, 6 | regular moving day for Richmond. | am Sug ref 65 1025 Lehigh Valen 4s. . : sumption of bituminous coal has been | #1201 sales P el S o il ; : - 12 6 — AmT&T ol tr 4s 7 Louis & N uni 4s. .. san san|well in excess of production since Pre-Holiday Profit- king Fails e on ‘ i » ST 0 N . | abo e middle of February, there is s to| G Alon ... 8% 9% 8% 4 b 5| GERMAN BONDS AND STOCKS. |Am T & Tcl tr 5s. JEECiag L e B L Halt Upward Trend. Chig East Tl pt. 4415 YY On & Wn(1) 3 AmT&Ts5s... 19 Manhat Ry en 4s... ; 5 EETG e i i i R (Quoted 1n dollars ver million marks.) | Am T & T deb 5%s. 3 3 Market St Ry 78. g > 9814 |{On the contrary, soft coal continues to ..N\« for New Financ NEW YORK, July 2 (#).—Pre-holi- roat West. e ) ~ Ger Gt (w In) 5s 1014-18 63000 1405%h|Am T & Tcv6s. . MUEIRy & L5s... 6 g0 begging just as it has been doing in| T Rock Island Railroad today ask- day profit-taking failed to check the | Chi Gr West p =l Niag F pf(1%).. Himburg 4% 1010 13000 1T9R 00 Writ Paper 6 501 | M & St L 1st rf 45. . 2 recent months. Consumers seem to be | 4 te U : s : R he | Chi Mil & StP Yort & West (7). JEL TN LA 7300 | Am Writ Paper 65. : E umers seem 0 be | eq permission of the Interstate upward trend of prices in today's d SopiaeAon (foreed doan 1500} snaconda 1st 6s. .. t M St P & SSM cn a indifferent to figures or argum e Comtstlorn s I L L o Chi Mil& StP pf. Norf & W pf (4). TQuoted in dollurs ber thousand marke . | 2 2 & SEN 9 i oS Commis issue and sell stock market. Heavy accumulation D . A : Ger Gan Elec 412k nrow 1830 50 50 | Anaconda cv db 7s. I |MK&T4s . and con | off 000 in equipment trust certifi- of the Erie and St. Lou an- | Chik Nwn (4). ; North Amga40); G& 8en Fiec 4158 1010 *5:00 | Andes Cop 7s rets. 967 951 967 | M K & T adj 58. 5% |the chance that prices will go still e e st eriit cisco issues was one of the features of | Chi R1& Pac North Am pf{3). Berlip, da pre-war, - . rnon: & Couses. MK&TprinbsA. 9 94n, | lower. i AL Ll t the day's trading, during which more |SRI&EPI(E). &2 3 e il i e s Armour Del 5345. . 3 MK&T6sC. 3% 103 103w| Trade in anthracite is marked by St than two d issues mounted to new |SRI& P pf (7). Nunnally (1).... North German Liovd 3138 3 4 Assoctated Oil 63. . >, 7 6574 | characteristic Summer dullness, Southern Railway’s Surplus. e R e U PSR T R R e e S ; eran Lig : P s e e 1601 [ though it Is probable that consumers : A Eailnivs St e approximated 1,350,000 EDEYEEPRES (1) Oppenheim Col.. Krupp 5s 1891, 0.0 Mo Pac 55 1965. 894 | Will show more interest when news 9 for the first five months of The clo was firm, an | Childs (12.40) .. 9 % | Otis Elevat (6). . 5 | Dusseldort 4= pre- Barnesdail s f 28 et g 15545 | the coming wage conferences spreads. e T Can jost sround on profii-taki ChileCop (2%).. 33% 33% a3 Otis Steel. ... rankfort a-M 4s pre-war I Eell Tel Pa ba.. ¢ Mo Pac 6s cfs 101‘.‘"(\"’ moves best, but_independents | dands to $5.02 s thite o the cam builish demonstrations continued in | Cluett Peab (5).. 61% " | Otis Steel pt. . 5 Badische: Anilin } Y Beth Steel pm 5s. . b Montrl Tm 1st 55 978 97 are having trouble with chestnut. F aGaTaLE TR Ul o other quarters. International Shoe | Soca-Cola (7). Owens Bot (3) ANELGL (GeeiGe, Blecl, BetinSraelzfine. o "% | New Or Term 4s. 3 is doing fairly well and pea iS easy:|ghare, in the same extending its @ain to 10 points and | cora ol BE K1)« % | Pactfic on (3) Ditegnto. Gallsehaft. .-« Beth Steel 535 53 NOT&MGY%s ,|Steam sizes, except barley, SRl Kelly Springfield 8 per cent preferred | G0l Fuel & lron : 4 P ckard (13907 Drecdner Bank---....0. 18 Beth Steel s { 63 3% 94 | GO g Msisn.. o : %1% move. The companies are expected Bankers Planning Trips. ey Col G & E (2.60). ackard (11.70) . : Deutsche Bavi ; Brier H St 1st5%3. 3 100-:100. [NOT - 0 a0 cani ity e Talee ORRE | vl T = "0l G & B A *4 | Packard pf (7). | Darmistieater” Bank 3 Ed gen5s. .. 101% 102 [N ¥ Cen gea s : ashing il be practically de. > g (cg:n(‘s&.;;ilu’y) 4 *| Paige Mot (1.20). 2: v Bank Vienna o e ateD o% 961 st |N Y Centds98. larger domestic sizes for July. void of bankers over the week end BEEF TRADE IMPROVES. |comsoivs 0 smi 101 L 5= ow St P ¥ tdei 100 | X TCmtrise the majorty, of whom are avadiing CHICAGO. July 2 (Special)—Beet | COMEONUM @y.<. S Un % 3 ;;:rwl"vlfa?rmdr'(‘s)) gg:: ;_;x;]x‘(z‘xnnvs." ;«-r :ggh 100% | XY cni & St L 5 CHICAGO LIVE STOCK MARKET | iy to leave the wltry city. Prnctionl trade showed improvement during the | Consol Cigar. ... o Parish & B sta Studebaker (4).. 477% e Eihe 104% 1048 | N L CEStEEs A 3 CHICAGO, July 2 (United States all will hie to seashores and last week due to better demand and | Con Cig pf 8% .. Penick & Ford... 22 2 Submarine Boat. 8% 8% | Gol T 1000 fop || oW HAv A (830 5 | Department of Agriculture).—Hogs—|sorts. one_ exception being W. W. limited supplies. ‘armers are finding | Consol Distribut. a Pennsy R R (3). 5 Superior Oll. Col Gas & El 55 sta. 100% 1003 | New Haven cd 6s.. Receipts, 19,000 head: best kind, all | Spaid of W. B. Hibbs & Co.. who it exceptionally profitable to feed corn | Consol Gas (5) Penn Seab Steel. . Symington. 16% 15 Commonwth P 63 102" 1091 | NY Ont W 1st 4 6 % e higher than Wed- | will visit his parents in Ohio, His par. to hogs at present prices. Consol Textile. “ Feoples Gas rts. Symington A(2). 21 (':z;‘“(_oa Md 18t 63, §1% 815 | NY Rys 6565 3 sday's average; others slow, few |ents, incidentally, are aged $2 and Gonticani(s) = Peoria & East. .. « | Tennessee Cop.. 11% 3 Con G NY 5%s wi. 103% 104 | NY W & Bos 4%s 6% | sales steady to strong: bulk sorted, |83 vears. fg::g‘.,’:f:;c’)) Pere Marq (4)r.. 3 | TexasCo (3).... 52 i § Consumers Pow 5 97% 97% :or:;\;: g:zl 8 140 to 180 pounnd averages. 13.75a — - == S . or! ; desi 90 to 280 . Markets at a Glance | |G Son s ion 't Fer Al B ST R vt e et S S 25 | GAPITAL STOCK TAX Crucible Stl (4). e 4 *|Phila& RC&I.. 5| Tex & Pacific. 484 48% Det Edison ref 65 107% 107% Ore Short Lie 4s. X i|few loads desirable packing sows, Crucible pf (7).. 94k Phillip Morris. .. 171 e 17 o i Ore-Wash 18t rf 4». 2.25; igs, uneven, IW YORK.—Stocks firm; Frisco | Guban Cane Su. 2 Ph:ll:sl Tt . 4 TideWat O 140" et vt oot 190 | Pennsyl gen 4345 sirnnag] = lm}if:‘r::xr ThE S RETURNS DUE SOON mon at new h Bonds' steady: | Cub Cane Su pf. - Plerce Arrow ... 33% 33 Timken R B(14). 41% D g% 106% | pennsyl gen 5 weight, 13.15a13.50: heavyweight hogs. Government at new | Cub Am Sug (3). 5 P Aromvt: 2 - T s DugL &P 53s 49 1087 1o¢ | pennsylss 64 9844 | 1o Sen14.15; medium, 13.3a14.15: ignt, eign exchanges = higher: | Cuban Domin Plerce Ofl.. 2 2 2 |Tob Prod A (7).. 101% ¢ | o cuba Bug 1348, 105% 106w | Eennsyl 6% . 13.00a14.15; light iight, 1275a14.00] . n currencies lead general g.‘:d:r’.&)’ ;l:g“) 4 4 | Plerce Petrol... Transcont O11 an E Empire G & F 7% 104 1041 ;snng: n;:: S % | packing hogs, smooth’ and rough, | Assessments and Possible Fines ¥ . Pitts Coal. ... Twin City (4)... 68 Gooarich 6748 105% 1051 | Eere Mra . 11.25212.25; slaughter pigs, 12504 2 i Davison Chem. 5 Pitts Coal p£(6). Underwood (3).. 43% 3 Goodyear 8s 1921.. 3 109% 110 |EereMarqlstés... {13.50. Await Those Failing to Del & Hud (9). 146 | Pitts Term Coal. 35 ; Union Oil (1.80). % 4| Goodyear 8s 194 12015 1201 | Por RL & P 65 '47. 4 99% " (attle—Receipts, 8,000 head; better Del L & Wn(47) . 143v | Pitts Ut pf t1.20. Union Ofl (1.30). 381y Hershey 65 1942 104%_1041; | Reading gen 4%4s. . %! grades fed steers active; unevenly Make Reports. Detroit Ed (8). y 124% | Pitts U efs $1.20. 5% 154 |Un Paclfic (10).. 139 Humble O & R 613 102 -107- |RIArk & L 4%s... and sharply higher on runaway mar- | £ Dodge Bros Cl A. 24y | Pitts Util ctf(n). Un Pacific pf(4). 754 T Illinots Bell 1st 5s. 101% 10114 | St L IM&S ;;M}’;' - S 5% | ket: 13.85 paid for medium andf_ § Dodge pf (7). 81% | Pitts & West Va. 70% Un Tank Car(5). 128 Int Mer Marine 6s. g6t g [ SLL IMES RS 18- % 89 | weighty bullocks: 60 head South Da- | Special Dispstch to The Star. — . — e i3y 13| Porto Rico Tob.. 50 Utd Alloy Steel.. 2415 2 +| Inter Paper 5a°47.. 2 924 921 gz, |StL&SEDI4sA.. s 76%| ota fed 1,433-pound averages at that} BALTIMORE. Juiy —Cagital TREASURY CERTIFICATES. |Dupont (10).... 181 | Postum Cer (4).. 118% ) Utd Cigar(+3%). 94% 2% | Inter Paper 63 5 9Tm 97w |StL pEInOS. price; several loads 13.50a13.65; mixed |Stock tax returns must be filed on or DuPont deb (6).. T01 Exespiaelicer Rt : UnitsdiDeos (o1 1010 KCP&Lt5sA'S2 99% 100 944 vearlings, 1300: betfer grades she |before July 1. according to Galen L. r S s 9 y Inves pf. 80 et e 250 ; rs | Tait, collector of internal revenu Elec Powr & Lt. . 36 | Fup Ser vy (o). 6on 69 2 g;glls(}:&lugrlé 3 55 | Keystone Tele 55 91%a 91% St L' W con 4s°32. S Cidoniiner vealars LRI e s et K P&L pe 40%pd 108 109 | pyk Serv NI rts. 8% US Hoff (2)..... 5 6 36 Dackws SasisD. 155w 93 | St P & KCSNL 43%s Sheep—Receipts, 12,000 head; fat| Returns are required of avery E P&L full pd(7) 109% | pyb S NJ pf (7). 101 U S Ind Alcohol. Laclede G 5%s '53. 0% 101 | 5¢ p Un Dep bs. aiits Ve slow: packers T domestic corporation regardless of Elec Str Bat (4). 63% | pullman Co (8) .. 140 U S Realty (8) Liggett & Myrs 7s. 120 120% | gan A & Arn P 4s laribs)verv alow;! packers Hifaie faal| domestle corporation recardiess yg End-John (5)... ggv’ Punta A1Su (5). 40 U'S Rubber...... i 573 ' DoriItedilEN T, .2 1 Lo [Seabd A Liref 4s P M L Ll L e e e L ErieRR.. 28% | pure Of1 (1%)... 29% 3 st (8). Louisv 53 o 4 97% | Seab'd A Liadj b8 50, s v classified as such, SHORT-TERM SECURITIES. Erfe 18t pf. A 3 87% | pure O11 pf,{'!).. 107 ‘di‘,},\‘.‘;‘m‘.ém’,. . Manati Sug sf 7%s 9 102% 101 [geap'a A L con 6s. . 152 v 6. SOBA.:‘O.——.—_ have vn;?:::gr{,?;(::,:‘:" s h, and or- irle e DU 5 12 |se 1 88.. 15 by the com. (Quotations furnished by Redmond & Co.y | E¥ie2d PP ' 36% | hadio Corpof A. 58% U S Steel (17). Mid-Con 6%s, "40 98la 98z |50y Pactfic 45 °29.. 21 eSO internil T enue LR Noon | Fairbks (2.60). .. i 39y U S Steel pf (7). 2 Midvale Steel 5s. ¢ 9% 91% |55, pacificclt 4s.. 2 . lmernal reven : > & L C 6 Falronk M pf (8) 106% 106% | 15 501 Sp (8- 128 Universal Pipe. . i | Montana Pow 53 - - 100% 100% | 5ou Paoific ref 4s.. 32 % DE g ERIIICTS A eiaias i el Lontn A R o hn . Famous P1 (8).. 1063 . +108% | Ryy Conn Cop 13 Univer P pf (7). Mor's & Co 15t 4 %3 153% B3% | Southern Ry gn 43. 28 BALTIMORE, July 2 (Speciall.— ({n"gR 10 £00 FEAIITEL 11 Ehs vorny American ;,,‘; .'« e 1 b 0s N Eliutis. 11Dk B R Utah Copper (4). 90 N?Ehd"s‘:flffn 101% 1gis, | Southern Ry 6sct.. 30 % ? :Ep(.i\fiu;:'-—-Sprf’régac)\k‘ken:. pound, | phe penalty for failure to ‘ile . re. eder -40). ~ % | Reading &5 4 Van Raalte. s 23% s. 1 98% 985 . o £e8ed; 5 ‘|added assessment of 25 per cent. In Fisher Body (5). 70% | Robert Rels..... 26% Va-Caro Chem. .. . A% {l”lj_'{_‘:ll::fi“ 10798 1070 ;mrg :z::;g%s e 33‘3‘5,;, 1:}' z)s(;\;ru\g ducks, 24a26;)aqdition delinquents may be fined i ; SRR Lane Replogle Stesl... 13% % | Va-Caro Ch it ..* 164 1% N Y Tel 68749 1104 110% | Gnton Pac 1st 4s. .. 2 Eggs—Recelpts, cases, native, 594 et 2 b 3 .- ep Ir & Steel. .. ‘Va Iron Coal £ 1 Ed 6s. 100% 101% £ % at 33, ('nl\m- &E i ::::::;nf;eu’.'. “"Z Rey ;ogn{((!_l)) l’gfl 7 Va Ry & Power. . 1:;’: 4 120 Nn,ohioT&Lss 95% 96 |ynjon Pac cv 6s. 39a44; prints, 44a46; ladles, 33a34 NEW YORK, July 2 (Special).— i 3% s o 1§ | Nor States Pow bs. 97% 98 | yirginia Ry 18t 5 store packed, 31a32; dairy prints, The cotton cloths market was quiet ). 3 | Roval D (4.4234) 51% 514 Wahash 32, 33 3ixi 83 |NorstatesPow S5 106 105 |vaRy & Plstss... s 98 a33; rolls, 32a33; process butter, 351¢a |but very firm v while waiting Gen Am Tnk (3). 45% | Royal Wabash pf A(5). 684 68% 67% 68 |OtisSteel T%s. 99 99% | wanash 1st b 5 101% 36. the Government crop report. Raw asTCRiiD gg:: St Joseph Ld(2). 36 35% Waldorf (1%)_ - 164 164 16 16 |OtisSteelds. ... 103 1034 | wybash 5%s 96% sne st sili® resumed its advance in some V. 3 Gen Asphalt. ... F(5). 82% ‘Ward Baking A. . 56 156 El5s 97% 9713 | Western Md 4s. 66 Vi £ ’idt‘§ with quotations Humble 0115 55 24 [Gen Asph ot (8). o3 | S S ey, 85 8 Ward Baking B.. 68 69 66 664 ;:z';”f—;'lfz 5s. 1013 1014 | Western Pacid 5. 9 FOREIGN EXCHANGE. $6.70 xtra Lehigh Pow, :" 182 1 13 |Gen Bukmgs(fi) 5 149 | O Southwest.. 46% 474 46% 47y | Warren Co (4) 48% 49% 48% 3% | PaC g pe’s2 98% 9814 | West Shore 1st 4s.. 85 (Quotations furnished by W. B. Hibbs & Co.) | 36, best No . $6.50; Canton, Morris & Co ¢ =& [oen s L) 86% | St L Swnpf (B).. 70% 70% 70% Weber (4. S5% |5%% 55% 55%|pan-Amer Pete 63 110% 1105, | Whel & LETf 4 %a 76 ccipminal Selling checics | 14°16, $5.90; Canton, $5.20. Jew York C: Gen (fillgcf:&(‘a)" A ;ggh Savage Arms 56% B56% 51% West Pen (4&_“ fi\; {fi }fi }25 Phila Co 5%8°38... 2 99 99y | Wilkes BEE 1st5s. 1 64% 64% London. pound. $$.8005 S1E6L S — == Fonnto s g 374 | Gen Motors (6).. 84% 8% 84y | Schulte () - S T N e pt(). 116 116 115k 1iow ;g:}:i",{;?;?s; Toa 1ou — — ‘;,‘.’,';,»:’:",‘,S_-::‘r Jng ; HUDSON'S OUTPUT HEAVY. St fia(»'lm".,'x.‘,'( 1 Gen Mot ,,:((27,).. 4 lé},“' Seabd Alr L pt 42% 42% 424 West Maryland.. 13% 13% 134 18% | porce Arrow 8s... 103% 1037 NEW STOCKS TAKEN UP. om0l 238 3 DETROIT, July 2 (Special).—The &3 e e (5 158% | Seagrave (120). 15% 164 16% WestMd2dpf... 20 20% 20 20y |Plereo-fTOC S 104% 104% . s lira. . k B3de Hudson factory produced approxi- : S 3 5 |Sears-Roebk (6). 172 1724 168% WestnPac (3a).. 36% 36% B4% 34% | pip)ic Service 6 99 99| NEW YORK, July 2 (®).—Public 2 ke aaately 28,000 cars’in'June andwate u""“‘c* * 25 |Shattuck FG(2). 64% 64% 64 64 [WesnPac pf(6a) 89% 89% 89i 89% | LlNeery Elec 65. 105% 1054 | offering of 76,600 shares of American | Mad 56 scheduled for 30,000 in July. Hupp Gliddeinh o 221, | Shell Un (1.40).. 24% 24% 24% West Gnion (1')-- 1334 134% 133% 134y P Serv Gas 5%s '59 103741103% | District Telegraph Co. 7 per cent con- | Budapest crown’ - 3 sales in June approximated 4,200, or Goodxiol - 1045 { Shell Un pf (6).. 103 103 108 West Air Br (6). 101 101 101 101 Pg.rlelB 864 17 104 104% | vertible cumulative preferred stock |Prague. crown..... 2 35 per cent over June 1824 More doodyeany 108 [simmons Co (2). 45% 45% 45 Westinghse (). 71 71% 70% 713 | ESeEY FON'g 245 114 114 !was quickly oversubscribed today. Gartaw. zloty. . 2 3 than $2,500,000 in unfilled orders were Goody e ol Cin|SimmsPet (1)... 24 244 28% Wheel & L Exle.. ;‘“fi 18% 1T% 184| gynciatr OF 6%8... 27 88% 89 |Over subscription also was an- Ghiiehamie e 2 : carried over to July and new busi- 2 A Stock ot |G T (5). 3% | sinciatr o1l 23 234 22% Wheel & L O . o o3, 3% 38 |ginclaironis..... 17 94% 94% | nounced of $6,000,000 Oil Well Supply | Stockholm. crow, k: . | ness is coming in rapidly. Am Thzar ; 1v15 | Gt Nor Ore (1) . i Cr e e D Mot T4 L e BinCOPLEs2s.. 20 100% 101 | Co. convertible 7 per cent cumulative| NEW YORK, Juiy 2 P)—Forelgn . = el o 8 NE R a8 WY 13 | Gre Watn Su 8). 107% | S Port S (6). 72 72 13 .75 |White Rock A% 4d% 44% aqy |Sin PIoe LIS 117 1574 | preterred stock. exchanges firm.Quotations in cents:| COPPER CONCERNS MERGE. Cont otors 3 13 | Gt West S pf(7). i 1145 | 0N Pac (6)... 98% 99% 98% 99 |Wickwire ctf 4 4% 3% 4y |Skelly 101% 101% - Great Britaln, demand, 485%; cables, | \pw yORK, July 2 (P).—Consolida- Corn Exch Bk 5 th Bell Tel 5 2 - h Guilf Mo & Nor. . 29% thern Ry ( 9T% 98% 9T wilson&Copf.. 21 21 21 21 |Sou 4861%; 60-day bills on banks, 4815 A e Z B Gu M & N pf (6). 95k | S OT (5). 86v B sew oow | Willys-Overld... 20% 20% 19% o |So Por Rico SugT loe. 105 | NEW YORK DAIRY PRICES. |France, demand, 4.65%; cables, 4,66, |ton of the Denn-Arizona Copper Co. ] Gult States SG). B4 | SOt Nt 23 59w 99w 29| Wilys-Od pf(7). 104 104 103% 103y |Southwest Bell bs.. o oo " | Italy, demand, 3.4815; cables, 3. |and the Shattuck Arizona Copper Co. ; E v 5 Tenn Elec Pow 63 102 NEW YORK, July 2.—Butter firm A s oates - De-lito the Shattuck Denn Mining onio ¥ Corp : 7 15 000 | Hanna 1stpf. ... 50 |Spicer pf (8).... 105% 105% 105% 105% [ Woolworth (3).. 161% 161% 1584 159% | 1em boeg ey 1021 102% 20,965 tubsy : | mand— Belglum, ; ¥ | Corporation on a share for share basisy Qrpream et ; Hartman (2%) 291, |StaGas & E1(3). 52 52 51% 51%|WorthnPump... 41 41 41 41 2 109! receipts, 20,365 tubs; creamery, high- | 23.80; Holland, 40.02; . 18.40; 3 = S Se Toledo Edn 18t 75. - % 109% h t 41%a42; s e o 40:1js announced today. Capitalization , a El . 1pf(4).. B3 Y Wright Aero(1). 31% 32 30% 305 er than extras, %a42; do. extras|Sweden, 26.79; Denmark: - = 5 PR TSR B R R R e v ; ";::lsgrg&sfiupm) Tos T T4 Tos| TelowC(62).. 45% 4T 4ois sow Cnlon st o8 105 1095 | (92, Score). 41:" do. firsts (53 to 91| zerland, 1940 Spain, 145 e e fn Bl 9 5150 4y 12 {HeimG W @) 6 681 [StON Callf (2).. 58w 58% 584 58k | tarcly extra. tParable fa preterred stock. | U Rop 1atat 5 8ovs gas. | BCOre), 39840%. 67; Poland,’ 19%; 'Czechoslovakia, d Spald B (A G). vy 15 vy 3 | Household P (3). 3 38% [StOINJT (1).... 44% 443 44% 443 | Dividend rates “lg"v:"::m Above table | U H ber 1%8 107 Eggs, irregular, receipts, 31,386 2. Jugoslavia, Austria, ) Do gat b« Houston O1l. . ... uwlsmmm:nu L 11TH 117% 117% 117T% E’:fi auarterly “or alf yearly " decisrationn, 2 10w 1024 | crates:’ fresh gathered extra firsts, | Rumania, 46%: Argentina, 40.37; Some men snatch victory from de- BY STUART P. WEST. { | Am Car&Fay (8) 2 % | Integpgt Har (5). close of t sirable by 1 coming ca latter heav to esc | tangib) umm of = peric - ment report. S atureless. Cof- f clined: easier Braz kets. CHICAGO.—\Wheat I poor ex- port demand. Corn steady: less favor able crop repol Cattle hig ac tive demand. Hogs firm (Quotations furnished by Redmond & Co.) iohee M 2 U S S1ess £o 35a37; cheese, st {pts, 227,- | zil, 10.65; Tokio, 40%; Shanghai, 78%: |feat, but more snatch defeat from w FaM 100 3 Howe Sound Co.. 18 [StdPlateGlass.. 11 U U U otherwise noted,” extrs or epeeial , steady; recelpts, 227,- | zi 5; Tokio, 407; nghai, : oS 0 € 3100 v 15 June sy Utah Pow & Lt 5. [t 733 wunq-, 3 3 luonueu. 100. wvictory. 18