Evening Star Newspaper, July 3, 1925, Page 14

FINANCIAL. U.5. STEEL LOWER N FINAL TRADING Most Stocks, However, Hold Well After Big Failure Earlier in Day. BY STUART P. WE; Special Dispateh to The NEW YORK The failure of Dean, Onat . had only a passing effect upon the stock market today. Outside of a few stocks on the bigh oard and on the curb the selling out of contracts amounted to little. The ma vielded a point or more, came back quickly, then continued to move with the same uncertainty that it would have probably shown had there been no outside news. Stewart Warner Drops. The stocks affected by were most of those in which Cl 1= interested. Stewart Warner ed down nearly points, then sold gomery Ward stz and the was checked two stocks tailure g0 open- Mont point evious the in a f the p These were where selling con- with the suspension could be | The of the closing out of occurred on the Curb Ex onlv nected traced accounts chan ‘There were high records Me- B stock, which was up in all three classes of Kelly- d. in Fleischmann, A ds, American Agricultu preferred, which was very nd stron and du Pont de- A single hundred shares of Kress Co. stock sold at 400, which meant an dvance of 7614 the last previou le. Spring Dry Chemic: wctive bentu nts, The rise and the States Steel, when other members of the oup were doing nothing, made clear that the reason for these two stocks nditions, was due to the m r gossip. American Can broke 23 points dur the period when the general list was unsettled, but once more it showed the strong buying power back of the stock X s came back readily and even went above the Thursday final. Woolworth broke over 4 point but it also rallied. Nash Motors w off points from its last previous sale. Then it, too, had a partial re- covery. did not lie in s Some Strong Spots. ecial buying appeared in Electric | Pojer at an advance of over a point and in American Car and Found; which was up 13 points. Worthing. ton Pump was one of the features, up nearly 3 points, and May Department Stores was very strong American Ice above 115 and Western Union up over 3 points were the fea- ces of the late afternoon on the ng side. Wabash common crossed for the first time, the Street still believing that the road would wind up in the new railway system which is, being projected. if this s put through. Southern Railway gained a point and Vanadium Corporation was up over a point « inteed Products was prominent antong the specialties, new top for the year well above 51. The buying was taking account of the fact that in the first five months the company’s business set a new high record for that period. Current opera- tions are understood to be in excess of the Zprif and’ May business, The stock pays $4 annually in dividends and earnings are two to three times that amount, according to latest in- formation. CLO! IS IRRE Prominent Last-Hour Trading, YORK, July 3 (P —Pre profittaking and liquidation ounts with the failure of a large Stock E: today's stock market, but failed to prevent popular shares from breaking into new high ground. Several mer. chandise, chemic: and ]ruMl utility 1381 Sales approximateed 1, The closing irregula prominent shares, including Steel, extended their losses in the late | trading. Gains of 2 to 3 points, how ever, were recorded by Western Union, Cudahy Packing, Corn Products pre- ferred and American Ice. lifting these | issues to the year's highest levels. JAR. Many Shares Drop in NEW holiday of ac Markets at a Glance YOR tocks, irregular; Western Union reaches record high. Bonds, easy: pre-holiday profit-tak- ing. Forelgn exchanges, mixed; francs and lire recover. Cotton bare- Iy steady: prospects rain drought section. Sugar, featureless. Coffee, strong; higher Brazilian markets CHICAGO—Wheat, easy: favorable weather outlook. Corn, lower: s pathy wheat. Cattle, irregular. Hog higher; active shipping demand ITALY MAY BE USING $50,000,000 LOAN| NEW YORK, July 3 (Special).— Recovery went somewhat further to- day in KFrench francs, while Italian lire bounded sharply. It was quite likely the $50,000,000 American Joan ntly granted to Italy was being brought into action. This loan was made with a_view to supporting the currency, and the only surprise has been that it hax not been put to this use befor LIVE POULTRY LOWER. CHICAGO, July ~Poultry Alive, lower; fowls, 4 18a26; springs, 31; turkeys, 20; duck 18; geese. TODAY'S SILVER h;TES. LONDON, July 3 (®).—Bar silver, 32d per ounce. Money, 3 per cent. Discount rates, short bills, 4 7-16 per cent; three-month bills, 4 9-16 per cent. NEW YORK, July 3.-Bar silver, 693%; Mexican dollars, 53%. SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) —Noon.— — Offer 133 13a1y £ Afirond P & L. C. 6s 1020 Alum, Co. of Amer. 78 1033. American Tel. & Tel. 6s Anaconda Copper 68 Associated O] s 1 Baltimore & Ohi Bethlehem Steel Central of Georg Chi.. Mil, & St Chi. & Pac o553 3533 Sow: o EETEE; Flaeral ‘sugar Het o5 1 Frederatea Metals Goodsear T & R, Bs 1981 85'1;‘071"'3.? g 5 B s 4 1 Higae it m.- Sba Lehigh' row 462, © P &8s Mo & 63 e New York Central 6 Orewon Short Line 48 1 Pewne KR el e OIl 5 ; St & o8, 485 i Tidewater Oil 815e 1931 Tnion Pac. R, R.Co. A8 9" Thign Tank Car 7a 1930 TS Buhver Y17 1930 wmm. Tnjon_ 43%s m PP FEPAREE F 8 e = FI2E3SRSRCERE 2 o0eC RS 2 Eo00EReoToCEE: 2332 S * points from | the buy- | advancing to a | hange firm unsettled | broilers, | THE EVENING STAR, W ] || NEW YCRK STOCK EXCHANGE Abitibl Pow (4). Adams Exp (6) | Adv Ru K Ahumada’ (1). . Alr Redue (4). ! Afax Rubber. . Allled Chem (4). Allfed Cm pf(7). Allis Chalm (6). Am Agricul Chm. Am Ag Chm pf.. Am Beet Sug(4). Am Bosch. ... {Am Can (47).... | Am Car&Fay (6 AmC&F pf (7). Am Chatn A (2). Ar Chicle. .. ... Am Chicle ctfs. . i Am Drug (60c). |Am Express (6) Am & For Pow. . Am & I P pf (7). Am Hide & Lea. . Am Hide & 1 pt Am Ice (7). Am Tce pt (6) Am Internatl. Am La Fran ( Am Linseed. . . . Am Linsd pf 31 . Am Loco (+18).. Am Metal (3) ... Am Radlator (4) } Am Ry Exp (6). | Am Safety R (3) | Am Ship & Com. |Am S 8 { Am St1 P | Am St1 F: Am Sugar. Am Sumatra Am Sumatra pf Am Tel&Tel (9) Am Tobacco (7). | Am Tobac pt (6) | Am Toba B (7). Am WW&FI 1.20 | A WW&EI pr(6) Am W W 1st (7). Am Woolen. . Am Zinc of Anaconda (8) Armour Del (7) Armour Il A(2). Arn Cons & Co Artloom pf (1) Asso Dry G(2 Ass0 OIl (2) Atchison (7) Atchison pf (5) At Birm & At. .. Atlantic C L(18) Atl Gulf & W I Atl Gulf & WI pf Atlantic Refing Austin-Nichols Austin Niepf(7). Raldwin L (T) Bald Loco pf(7). Balto & Ohio(5) . Bal & Oh pf (4) { Barnsdall A { Bayuk Clgar. | Beech Nut(2.40). Rethlehem Stl. Eeth Stl pf (1).. Briggs Mfg(3%) Bkl-Man Tran. .. Bkl Union G{4). | Brown Shae (4). Brunswick (3.60) Burns Bro (10). Burns Br B (2).. Sur Add Ma (3). Bush Terminal. . | Bush Ter de (7). | Butte Cop (50¢). | Butte & Sup (1). Butterick. ..... Caddo Central. . | Cal Packing (6) Cal Pete (1%)... Calif Pet pf (7). | Callahan Zinc. . . Calu & A (12%). Calu & Hee (50c) Can Pacific (10) Cent Leather.. .. Cent Leather pf. Cero d Pasco (4). Certain-Teed(4). Chandler (3). Ches & Ohio (47. Chi & Alton. | Chi & Alton pf { Chi Great W | Ch1 Gr West pt. Chi M1l & StP... | Chi Mil& StP pt. | Chig Nwn (6 | Chi & Nw pt (7). ChiPneuT (5).. ChiRI& Pac... |CRI&POr(8). |CRI& Pt (1. | Chi Yellow C (4) “hilds (12.40). | Chite Con 234). 1no Copper. . . | Cluett Peab (5). | Cluet Pea pf (7) ca-Cola (7). i Fuel & Iron. . Col G &K (2.60) . !Aol'.&hp(l.l | ColCarbon (4) | Com Solv A (4). Com Solv B | Conzollum (3) Consol Cigar Consol Distribut. | consoi Gas (5). | Consol Textile. . { ContCan (4) Cont Can pf (7) | Cont Insur (8).. Cont Mot (80c). Corn Prod (2 Sorn Prod pf(7) . | Cruetble Sti (4. Cub Cane Su p Cub Am Sug (3). Cuban Am pf(7). . | Cudahay Pkg (7) Cuyamel Fr (4). Danlel Boone. Davison Chem Del & Hud (2) D& R G Wst p! Detroit Ed (8). .. Dodge Bros Cl A. Dodge pf (7). Dome Mines (2). Dupont (10). ... DuPont deb (6) . astman (18 Eaton Axle (2).. Elec Powr & Lt. P& Lpf (7). Slec Str Bat (4). End-John (6). .. rie R R. . Erfe 1st pf... Erie 2d pf. . Famous Pl (8) .. Famous Plrs rts. Famous pf (8) Feder Lt (11.40). Fed Min pf (7). Fisher Body (5). Fisk Rubber. ... Fisk 15t pf (4).. Flelschmann(4). Foundation (8).. Freeport-Texas. | Gardner Motor.. | Gen Am Tnk (3). Gen Asphalt. ... Gen Asph pf (5). | Gen Baking (5). | Gen Electric(8). | Gen Motors (8) Gen Mot pf (7). Gen Petrm (2). Gen Ry Sig (6). Gimbel Bros. ... Ginter (1%) Glidden Co Gold Dust. Goodrich Goodyear pf (7). Goodyear pr (8) Granby Consol. . Grt North pf (5). Gt Nor Ore (1).. Grt Wstn Su (8). Guif Mo & Nor... Guif States S(5). Hanna 1st pf. Hartman (2%). Havana Elec (6). Hayes Whl (3).. Hays W p£(7T%). Hoe & Co A (4). Household P (3). Houston O11. - Hudson Mn 2%.. | Am Brk Shoe(5). Ref (6).. Am Sugar pf (7). Archer-Danfels. . Open. High. Low. Close. | 681 6811 6814 93 14 1 6815 93 14 104 105% 14% 69 28% 108 29% 85 50 20% 175% 4014 103% 47 38% 74 Td% 2% 32% 93 a 11% 1014 145, 90 120 82 20% 59% a1 341 104'% 192% 193% | 90 43% 8244 93 46 58 3314 21% 62 107 o 118% . 40% 63% 110 49% 2% 103 Hudson Mot (3). | Hupp Mot (1).... Indep OIl (1) Ind Ol rights. Indian Refining. . Inland St(2%). . Inland Stl pf (7). Inspir Cop (50¢) . Interb Rap Tr. Internat Agri. Int Bus Mac (8). | Int Cement (4) | Int Cement rgts. Int Com Eng (2). Inter Har pf (7). Int Mer Marine. . Int Mer Mar pf. . Int Nickel. Int Paper. .. Int Paper pf £ Intl Paper pf(7) Int Ry CApf(5). 65% Int Shoe (5)..... 171 Int Tel & Tel (6) 1154 Intertype (11%). 2% Jewel Tea Jones Bros Tea. . Jordan Mot (3).. Kan City South. . Kan C So pf (4). Kansas & Gulf. . Kayser (Julius). Kelly-Spring. . Spring 15t Kelly-Spring pf. IKelsey Whi (6). Kennecott (3). .. 63% 19% ) i) 8% 40 107% 26Y% 26% 14 121% 63% 3% 4% 118 % 814 304 67 T9% 89% 20% 41% 814 58% ) 30 21% 89 70 91 51 214 84 430 35% 94 Kinney G R (4).. Kresge S § (8) Kresge Dep S(4) Kresge DS pf(8). Lee Tire & Rub. . Lehigh Val(33) Liggett & M(14). Lima Loco (4) Long Bell A (4). Loose--Wiles Lorillard (3) Loutsiana Oil. Louts & Nsh(6) . Ludlum (2). McCro B (1.60) Melntype P (1) Mack Treks (6) Mack Trk 2d(7) Macy HR & Co.. Magma C (75¢) Mallison & Co. .. Manat! (5) Manat! pf (7). Man El Sup (4) ManEmdg (5). Man Elev gtd Man Shirt (13%). Mantla El (2%). Maracaibo Ofl. .. Market St prior. Marland O(75c) . Malin-Rock (1). Martin-Pry (4).. | Mathieson Alka. Maxwell(A)ctfs. | Maxwell(B)ctfs. May Dept St(5). Metro G pf(1.89). Mexican Seabd. . Miami Cop (1) Mid-Continent Middle States. . Midland P pf(19) MStPESSM 1i(4) Mis Kan & Tex.. MK&Tpf (5) Missonr! Pacifie. Missonri Pae pf. Mont Power (4). Montgom Ward. Moo# Mot (2) Mother Lode 75c. Motor Wh 1.60. . Murray B (12.40) Nash Mot ($11). t Biscult (3).. Nat Cloak (4). Nat Dalry (3).. Nat Dpt Stores. . Nat Distillers. NatDistillerspt. t Enamel & at Enam pf(7). Nat Lead (8) Xat Supply ‘evada Copper. . NOTex&M (1) N Y Afr Br (4) Y AIr BrA(4). Y Canners(2). N Y Central (1) Y C&StL(6).. 17% 113 347% 96ta 1T% 81t 115% 1154 116% 201 32 34% 411 73 72 54 434 837 66% 30% 2015 NY NI & Hart {NY On& Wn(1). Y Rys pf trofs. | Niag Fis Pw (2) | orfolk South. ... Norf & West(7). Sorth Am (3.40). | North Am pt(3). orth Pac (5). Ontario Mining { Oppenhetm Col .. Orpheum (1.80). Otis Elevat (6) | Otis Steel. .. Otis Steel pf. . Owens Bot (3) Pacific Gas (8). Pacific Of1 (3). Packard (11.70). Packard pf (1) Palge Mot(1.20). Pan-Amer (8)... Pan-Anier B (6). Panhandie pf Parish & B sta. . Park & Tiiford Penn C & Cke. ... Pennsy R R (2) .+ Penn Seab Steel, Peoples Gas (8). Feoples Gas rts. Pere Marq (4) . Pere Mar pf (5) Pere M prior(5). Phla Co (4) Phla Copt (3)... Phila& RC&1.. Phillip Morris. .. Phillips Pet (2). Phoenix Hoslery. Plerce Arrow.... Pierce Arrow pf. Pierce Ofl. Pierce O1l pf. Pierce Petrol Pitts Coal....... Pitts Coal pf(6). Pitts Ut pf $1.20. Pitts Ucfs $1.20. Pitts Utll etf(n). Piits & West Va. Postum Cer (4) .. Press Steel Car. . Pr St Car pf (7). Prod & Refiners. Pro& Rpf(3%). { Pub Ser N.J (5). Pub Serv NJ rts. | Pub S NI pt (7). Pullman Co (8).. Punta Al Su (5). Pure Ofl (1%)... Radio Corp of A. Radlo C pf (3%). Ry St1 Spg (8).. Ry St Sp pf (7).. Ray Cons Cop. Reading (4) . | Reading rts Reading 1st (2). Robers Rels. Remington Type Replogle Ste Rep Ir & Steel. .. Reynolds Sp (1). Rey Too B (3)... Rossia Ins (6). ! Rossfa rts.... Royal D (4.42%) St Joseph Ld(2). StL & San F(6). StL San F pf(6). StL Southwest. . Seaboard Air Seabd Afr L pf. Seagrave (1.20). 15% Sears-Roebk (6). 1694 Shattuck FG(2). 62% Shell Un (1.40).. 24% Shell Un pf (6).. 1024 Stmmons Co 45% Simms Pet (1).. 23% Sinclalr Ofl..... 22% Sinclalr pf (8)... 93 Open. High. Received by Private Wire Direct to The Star Ofice 63% 627 18% 3% % 8% 38% 107% 25% 26% 14 120% 63% 3% 4% 18 5% 67 9% 8945 65% 171 116 21% 17 19% 9TH 17% 18% 5% 8% 76% 87 38 50% 36% 82% 85 46% ek 111 314 4ln 15% 168 62% 24 102% 44m 85 56 113% 82% 4z 16 171 63% 248 104% 454 2414 23 22% 224 3 " Low. Close. 63% 19% 384 % 8% 39% 107% 26% 27% | 14| 120% | 65 31 441 118 7% | 30% 297 67% | Traders Even Up Accounts | States |46 | paper, 3 10 91 score), jextra firsts, | tion of $3.2 SELLING PRESSURE NOTED IN BONDS, Before Holiday—U. S. Issues Irregular. BY GEORGE T. HUGH Special Dispajch to The Star EW YORK, July 3 While there was some reaction in the United States Government hond list, notably in the two Tre: issues, from the high points of the day before, the general bond market was distinetly firm throughout the day's trading, and the first 41, Liberties made a new high. The drop in the reserve ratio Federal Reserve System shown the week bank statement to proximately the low point of the was without effect upon bond prices on the belief that this condition was | only temporary and incident to mid- year shifting of funds. On the other | hand, there was no inclination to bid | up quotations and tivity was only moderate. Rail Bonds Stand York Central 31y the high-grade . Northern Power 58 among the utilitles | and Chicago, Terre Haute and South eastern and income bonds among the more speculative Advances were also recorded by American Smelt- | ing and Refining Armour of Dela ware Chicago of in Out. ew stood out among was subsequently lost United 413s, which had such advance Thursday, reacted Sinclair Ofl 6s were lower, also at one time Skelly Oil 6 Tod: New Offering. troit sharp day. were ASHINGTON, | Berne 8s Brisk dealing in French iss tured the foreign list. Prices were not much changed, but the tone of the market was good | The most important new offering | was $5,000,000 Chicago Sanitary Dis trict serial 4s, to yield fr 50 | 4 per cent. Neveral new foreign nrJ‘ ferings are scheduled for next week among them one of 000,000 10| Bavaria | to CALL MONEY LOWER. NEW YORK, July 3 () money. easier: high. 4%; low, 4: ri rate, 4%; closing bid. 4: offered st loan, 4; call loans against ances, 415, Time loans, firm. collateral, 60-90 days, 3%u4 prime commercial | ej) mixed NEW YORK DAIRY PRICES. YORK. July 3 (#).—Butter Firm: receipts, 16,060 tubs. Creamery higher than extras, 42a421;; creamery extras (92 do., firsts (% 391 Irregul Pacific coast 4244 Eggs cases. receipts whites TEN NEW DRUG FIRMS. NEW YORK, July 3 (®).—Ten new irug companies were organized in th United States in June, with capital 5.000, compared with capitalized at $575.000 and 14 companies capitalized 6,000 in April, a compilation Journal of Commerce, shows. Mme. Nazimova, actress star, will become an zen, having already first papers comp: $ the nies it by and movie American citi applied her | Skelly Ofl. Sloss-Sheft (§) South Port S (6) South Pac (6) Southern Ry (5). South Ry pf (5). Spaulding pf(7) Spear&Co pf(7) Spicer Mfg.. .. Spicer pf (8).. Std Gas & EI(3). Stand Mtll (5). St Ol Calif (2). StONNJ (1)... + StOil NJ pf (7). 7 | Std Plate Glass. . y Sterling Prod (4). Stew-Warner(5) Stromberg (6).. Studebaker (4). Submarine Boat. Superior Of1 Symington. . Symington A(2). Telautogph 25¢.. 15| Tennessee Cop. . ul Texas Co (3). ) | Tex Gulf 8 (7 11074 Tex & Paé C& 0. 147 | Tex & Paclfic. . | Thira Avenue Tide Wat O11(4) . 9 Timken R B(14). | ‘Tobac Prod (6) . 2 T 82 Transcont Oil. .. Twin City (4) Tnderwood (3).. Un Bag & Paper. Union Oil (1.80). Unton Of (1.30).. Un Paclfic (10).. Un Pacific pf(4). Un Tank Car(5) . Un Tk Car pf(7). Utd Alloy Steel. . Utd Cigar(3%). United Drug (6). UtdDrug 1st 3%. Utd Fruit (10) .. U S Cast Iron P USCIPDpL (7). U S Distributing. S Hoft (2) 8 Ind Alcohol. S Realty (8). S Rubber. S Rub 1st (8).. S Smelting (3). U S Steel (17) U S Steel pf (7). Universal Pipe. . Univer P pf (7). Utah Copper (4). vanadium. ..... Va-Caro Chem. Va-CaroChem B. Vva-Caro Ch pf... Va Ry & Power Vivadou. . Wabash. Wabash p A(3). Waldorf (1%). Ward Baking A Ward Baking B. Ward Bak pf(7). Warren Co (4) .. West Pen (4). .. W PaPow pf(7). West Elec pL(1). West Maryland. . Westn Pac (5a). Wesn Pac pf (a) West Unlon (7). est Alr Br (8). Westinghse (4). Wheel & L Erie.. Wheel & L E pf.. White Eagle (2) . White Motku) U u u U U U 3-)'\\ 8815 | 136% | 100% Wickwh Wilson & Co wilson & Co pf. Willys-Overld. Willys-0d pf(7) . Woolworth (3).. worthn Pump. ... Worthton B (6) . Wright Aero(1). Wrigley (13%).. Yellow C (2.52) Youngatown (4). | German | Norway 6s 1943 Norway 6s 1944, . {AmT&Tcltr$s.. |Am T & T deb 5%s. |AmT & Tevés | Am Water Wks & | Det Edison yearly ~decla noted, extrs of S| D. RIDAY. I ON NEW YORK BONDS STOCK EXCHANGEI Recelved by Private Wire Direct to The Star OMice, UNITED STATES BONDS. (Bales are in $1,000.) Sules. H 69 101 15 102 30 Lib3ts Lib 18t 414 Lib2d 4%s. 92 10115 Lib 3d 4%s. 105 101 27 Lib 4th4%s 314 1039 US4s1944. 62 10412 US4%s'53 11 1088 FOREIGN. 101 108 Sules. High. Argentine 6s°59. .. Argentine 68 A. ... Argentine 65 B Argentine 7s. Austria 7s. 3 Bank of Japan 6s. . Belgium 6s. .. Belglum 6%s wi.. Belgium 7s wi. Belgium 714s. Belgium 8s 8 96% 38 96% 65 96 102% 99% 100 86% 924 9844 108% 107% 109% 95% 18 13 Bolivia 8s. . Bordeaux 6s. . Brazil 7s.... Brazil 714s. .. Brazil 8s. Canada 58 1 Canada s 1 E Canada 53%x 1939 Chile 75 1943 Chile 85 1926 Chile 85 1941 Chile 85 1946 Chinese Gov Ry 53. Con Pow Japan 7s. Copenhagen 5igs. . Cuba b¥%s...... Czecho 85 1951. ... Czecho 85 1952 ct. . Denmark 6s. Denmark 8s g DEI5%s Mch '53. DEI5%s Nov '53. Dutch East 1 6s°47 21 Dutch East I 65’62 16 alvador 83 '48.. 1 Finland s f 63 '45.. Finland, Framerlca French 7s French 8s. . Ger Gen Elec Ts. Greek 7s Haiti 6s : Holland-Amer Gs. . Hungary 64s. . Japanese 61¢s. .. Tergens U M 6s '47. Lyous 8s s Marseille 6s | Mexico 4504 a Mexico 55 assented Netherlands 6s etherlands 6s '72. y5lhswl... 10 2 16 Norway 6s 19 g Norway 8s. oo & Orient Dev deb 6s. Paris- Paris- Paris Orleans 7s. . | Peru 8s Poland 6s 40 i | Pragueigs nd 63 . a 7s Queen Queen | Itlo de Jan 85 1948, io Clty 8., Sao Paulo State 5. Stof S Paulo rets Seine Dept cf 7s. .. Serbs Crot Sio §s. . weden 535 ot Swiss 5348 1946. . d Kingm 5145 '29 Ud Kingm 5% Ud Steam Copen §s Uruguay 8= 1004 884 881y 10014 102 116% Low. 101 2 102 29 101 24 103 6 1048 13 JULY 3, 1925 Close. 1012 102 30 10113 101 27 1037 10412 1084 Low. Close. 96% 56, 95" 102% 96% 964 96 102% 99% 100 86 92% 98 1084% 5 107% MISCELLANEOUS. Ajax Rubber $5.... 2 102 Am Agr Chem T%s. 18 1 Am Chainsf 6s'33. 4 Am Smit& R1st5s 9 Am Sug ref 6s. 8 AmT& Teltrds.. 45 10 125 28 6 5 10 988, AmT&Tsfbs Am Writ Paper 68. Anaconda st 6 Anaconda cv db Andes Cop Ts rets. | Armour & Co ¢ Armour Del 514s. . Associated Oil 6. Atlantic Refin 5s.. | Barnesdail = £ 83 Pell Tel Pa5s..... Beth Steel pm 5s. Heth Steel 5% 53. Geth Steel s { 6: Bkiyn Ed gen 5s Bush T BIidg 5360 Calif Pete 6%4s. | Cen Leth 6545 cts { Chile Copper 6s. ... o CinG Eb5%as 68 Col Gas & E15s sta. Commonwth P 6s. . Con Coal Md 1st 6. Con G NY 5%s wi. Consumers Pow 53. Cuba Cane cv Ts. Cuba Cane cv d 8s. 0., Det Dodge wi 65 Du Pont de | Dug L & P 5% Duquesne Light 63 Est Cuba Sug 7% mpire G & F 7%, Fisk Rubber 8s. Goodrich 6%4s. . ... Goodyear 85 1221. . Goodyear 8s 1941.. Hershey 65 194 Hoe & Co 6%s. . Humble G& RS iliinots Bell 1st Inc Mer Marine 6s.517 Inter Paper 53 '47. Inter Paper 6 KCP&L(SIA‘Bz Kan G & El 6s '52. Kelly-Spring 8s. Keystone Tele 5s... Lackawa S 55 '50. . Laclede G 5%s '53. Liggett & Myrs 58. Louisv G & E 55 '52 Manatl Sug st 7%s Mtd-Con 6%s, "40. . Midvale Steel 55 Montana Pow 68 Mor's & Co 15t 4343 45544 wl. Tel 4%s. . Y Tel 6841, Y Tel 63749, orth Am Ed 6s. .. orth Am Ed 6%s Nor Ohio T & L 6s. Nor States Pow 68 Otis Steel T%5.... Pacific Gas & El 55 Pac T & T 18t 58. .. Pac T & T 58'52. .. Pan-Amer Pete 63. 195 Plerce-Arrow 8s... 16 Pierce Oil deb 8s. Phila Co 5%# '38 Phila & RA C & 158 Public Service 5s.. Public Service 65.. 1 Pub Serv Elec 65. P Serv Gas 5%s "4 1 Punta Alegre 7 Sinetatr OI1 & Sinclair Ofl 6 %8 Sinclair Ofl T So Por Rico Sug 7s. Southwest Bell 5s. Tenn Elec Pow 6i Tide Wat O1l 6% Union Bag & P 6: Unjted Drug U S Rub 1st rf 5s. U S Rubber 7%s U S Steel 3 £ 55. Utah Pow & Lt 5s. Va-Car Chem 7s... 19 97% v--c-xcn'm--..n 70 54 .44 2 x‘l 109% 95'4 844 82 108% 98 100% 1037 102% 101% 102% 108 108 42 914 9% 102 99% 99% 103% 110% 100% 100 102 102 104% 86 944 9314 89% 98% 102 96% 88's 1004 101% 97% 101% 98 91ia 100% 834 101 101% 988y 1084 110% 101% 104% ] 3 American Rayon Stock Suspended On Curb Markot By the Associated Press. NEW YORK, July 3 rading in the shares of the American Ray- on Products Corporation was sus- pended on the New York curb market today- The stock, which was offered for subscription at $22 a share, opened on the curb a few weeks ago at $27.50 a_share, and advanced to nearly $52 a share. OTTON SELLS OFF 1 Sales. High. Low. Close. Vertientes Sug 7s 4 91w 91 9Ny Warner Sug 75°33. 3 BlW 81% 81% Warner Sug 7s'41. 4 95 9dls 944 West Elec bs 22 100% 100 100% Westinghouse 7. 5 107% 107 107 Willys-Ov 6% 3 10244 102% 102% Wilson & Co 1st 13 99% 99 99% Wilson & Cocy 6s.. 1 71% 1% Winchester A 73s. 2 101% 101% Youngstn 8 & T 6s. 27 100 RAILROADS. Atchison gen 4 15 2 Atiantic C L Ts. B & O gold 4 B&Ocviks. Oref5s. . O 1st 5s ct O 6s Orf imp 8s. O PLEWYV 4 B&O Sw DIv 5 cfn 221 B & O Toledo 43 Bklyn Manhat Buff R & Pitt 4%s. Canada South 5. Canad North %35 > North 7s. Canad Pac deb 4s. . Car Clinch & O 6s Cent of Ga 8s. Central Pacific 48 Ches & Ocv 4% Ches & O gn 4%s.. Ches& Ocv5s.... Chi & Alton 3%s Chi B & Q 18t rf 5 CB&Q-TIl3%s Chi & E1gnbs ChiGreat West 48 C M & Puget Sd 4s. ‘!t P4s'26.. 33. 71% 101% 99% 90% 108 90'a 93% 91% 102% 1034 107 88 8% 76 91 874 102% 17% 116% 80 107% 103 1084 887 § 8874 9%~ 9T% 91t 106% 50% 102% 85% Ta% 64% 47 48% 48l 79 484 90 48% 49 103% 96% 11 106% 6% £4 874 B& B& B& B& B& October Futures Extend| Break to 125 Points. Holiday Covering. 914 | 106% 50% 102% 85% 7512 64% 47 By the Associated Pre NEW’ YORK, July 3.—The cotton .| market opened easy today at a de 48% 1 cline of 1 to 19 points on a continua- 4841 4ion of yesterday's selling movement Jctober soon sold off to 22.89, a net decline of 18 points and a break of 12 points from the price ruling shortly before the Government crop report ,. | was issued, but the market steadied | 103% | at this figure on covering for over the | 96% hollday and week end 111 Faflure of the weather map to show 107 |rain in Texas drought sections and 76% | fear of continued dry weather over 84 | the holiday probably incre *"hp.«umn to take profits on recent sales 89% |and the market was up to 23.07 for 93'4 | October by the end of the first hour 80% [or about net unchanged to 3 points 99% | higher. The failure of a large Chi 99% | cago house had little apparent effect 103% { on cotton, as the market interests in 101% | volved were supposed to be chiefly in 98 |grain and stock. 96% New York 884 | net 4 points down to 11 Doints av. 104 ,Range 106% 102% | 844 M M M M c c c: c c e o PRRPRRCRR ZZ2Znanuana gy Y M M M M EPPP S aRPo w9 ROHIRIMRR CCC & St L 5s. CCC&StLTTesA. Clev Term bs. . &S 18t 45729 Colo & Sou 4%4s. . Cuba R R & . Cuba R R T%hs Del Hud cv 55 '35... Del & Hud 5%4s. . Den & Rio G cn 4s. D & Rlo G Wt bi Det United 4445 Erie 15t cons 4 July October December January March New Orleans Quotations. NEW ORLEA July 3.- under the influence of vesterday's bearish bureau report, the cotton market opened weak today, 116% losses of 15 to 17 points. Subsequent ou, | trading caused further declines until 110" | October reached 22.20 and December g9% | 22:32. or 21 to 22 points below yester S1%|days close. Some trade buying de ion | veloped on the break and as shorts covered for over the holidays, prices “1rallied 14 t0 15 points New Orleans cotton futures closed pet advances of 1 to it | Erie conv 48 B Erie conv 4s D Erie conv ext 7s FlaEC5s'74. . Gr Trunk sf db il and Trunk Ts sreat North 5s Gr North gen 7a. .. Havana ERL&P ‘50 Hud & Man ref 6s.. Hnd & Man aj §s. 01 Central 6%s.... 111 C-C St L&NO 58 Int Rap int Rap 'l Int Rup Tran 6s. Int Rap Tran 7s... Int & G Nor 18t 63. |1nt & G Nor af 6s.. lowa Cent 18t 58 Kansas City S 3s.. Kansas City S 5 Kan City Term Shore 45 '28. h Val 5s 20113 Louis & N uni 4s Louls & Nash 7s. Manhat Ry en 4s | Market St Ry 18 MiIIEIRy &L 5s. M& StLrfexbs. . M S'P & SSM 6%s. MKE&T Istds. MK&T SR MK & T adj MK & T prinbs MK&T6sC Mo Pacific gen 4 Mo Pac 55 1985. Mo Pacific 6s. Mo Pac 6s cfs Aontrl Tm 1st 5= NOTex&M5sB.. NOTex & Minbs NOT&Mo% NOT&Mik%sn N Y Cen gen 3%s N Y Cent deb 4s N Y Centriss NY Chi & StL NYC&StL6sA.. New Havencd 65 NY Ont W 1st 4s. NY Rys 65 '65 N Y State Ry 414s. NY W & Bos 4% Norfolk & W cn 4: Northern Pac 3: Northern Pac 4 Northern Pac 5s Northern Pacr1és Ore & Calif 1st 58 Ore Short L. ref Ore-Wash 1st rf 4s. Cennsyl gen 4% Pennsyl gen 6s. | Pennsyl 55 "64 Pennsyl 6%s=. ... Pennsyl gold 7s Peoria & E inc 4 Pere Marq 1st 5s.. PorRL&P 4T.. Reading gen 4s. Reading gen 4% Rio G West 18t 4s.. RIArk & L 4%s. St L IM&S 45°29. St L IM&S R&G 4 SIL&SFplisA StL &S FprIn bl StL&SF5%sD 0% 1 1084 | 96 | 107% | Range October December ary h Sharp Break in !i\enk-ol 81% | LIVERPOOL, England, July 86 | The severe fall in New York cotion 98% | futures vesterday on the unexpectedly 101 | bearish government crop report was 94% | reflected here in point drop under realizations and withdrawal of support. The market was comparatively | | quiet for the first half hour today. but around noon the tendency be- came steadier on small repurchase: under which prices improved a points. MUDERATE UPTURN - INWHEAT VALUES By the Associated Press. CHICAGO, July 3.—Although selling out of considerable wheat on account {of the failure of Dean Onativia & Co. had some depressing effect on wheat market today at the opening, a moderate upturn in values quickly en- sued ali; | Northwest, together with more or less 61% | anxiety regarding possible damage 864 | from black rust. had a tendency Lo lift 968, | prices 1071, | deliveries was also a strengthening 100% | factor. Initial prices, % lower to 7y 97% | higher, September 1.39 to 1.40% and 84 | December 1.40% to 1.41, were followed 934 | by a rise of 1.41% for September and 101% | 1.427% for December, but then som 984 | thing of a reaction 110% | Reports of crop damage from exces. 108 l!i\‘l’ heat gave firmness to corn and 34 |oats. After opening at 'y off to % up 997 | September 1.02% to 1.027%, corn scored 100 actional gains all around. Oats started uncnanged to % September 4515 to 4515, vance became general In line with the hog market, Isions were firmer. | . WHEAT— open July g September December CORN— July . September higher. Later the ad iy’ con 4533, fosteqiber StP & KCShL 4%s RYE— SUP Un Dep bs. San A & Arn P 4 Seabd A L 4s. | Seab'd A L 45 st Seab d A L ref 4 Seab'd A L adj 5 Seab'd A L con 6. . Sou Pacific 4 Sou Paclfic cit Sou Pacific ref 4 Southern Ry gn 4: Southern Ry 1st 5s Southern Ry 6s ct. Southern Ry 6%s July September December LARD— T September YELLOWSTONE PARK HAS 80 MORE MOTOR BUSSES Special Dispatch to The Siar. GARD. Mont., July —The White Motor (o. has completed de livery of 80 busses for the Yellowstone Park Transportation Co., bringing the number of White busses in operation in the Yellowstone to President Child of the Transportation Co. say the Yellowstone has the largest book ings known this year. Union Pao 1st Va Ry & P 18t 6; Wabash 1st 68 ‘Wabash 5 %s Western Md 45 Western Paciiic 5 Wisconsin Cent CLOTH MABKET DULL NEW YORK, July 3 (Special).—The usual lull before a holiday took place in the cotton cloths market tod: Trading was very quiet, but the Go ernment report of vesterday did not depress prices except for the 68 by 72 print cloths, which fell off an eighth. Raw silk was quiet and unchanged both here and in Yokohama. GERMAN BONDS AND STOCKS. (Quoted ia dollars per million marks.) Bid ked Ger Gt (In) G 191418 Hamburg 4%s 1919 Ger Gt 4-58 (forced loan ) (Quoted fn dollara ver thousind er Gen Elec 4% er Gen Elec w.- 10" Berlin 45 pre Ham 3n. Yan b A vreiw amburg Amer Line 4 North German Lloyd 4 North German Lioyd. . Prassian Consols' 314 Aug Aug Simmons Co S Auk Wis Riv Pow bf BUTTER HIGHER TODAY. CHICAGO, July 3 (®).—Butter, higher; receipts, 16,311 tubs, Cream: ery extras, 41; standards, 41%; extra firsts, 39a40; firsts, 88a38l; seconds, 34a37. Eggs, 13,658 cases. unchanged; receipts, FLOUR BIT HIGHER. MINNEAPOLIS, Minn.. July 3 (). —Flour, unchanged to 20 hi mr at .30 a barrek pments, 41, el oo . 3351328282 EEESE Munich 4s pre-war. . Badische Anilin AE G (Ger Ge Eiec ‘ommerz and Privat BK sconto Gellschaft. Dresdner Rank Deutsche Bank .. Darmstaedter Bank ‘Mercus Bank ¥iehlicee 23: 3 k INEARLY TRADING the dis- | cotton futures closed steady at | Still | with | few | Unfavorable weather conditions | ome foreign buyving of future | provi | FINANCIAL RAILWAY COMMON MAKES NEW HIGH | Trading Liveby Today on Lo- cal Exchange—Other Financial Notes. BY (H A pre-holiday dim the ardor exchange this SHAEFFER tenda failed to of the local stock morning. when a e attendance bro it out strong rade of moderate volume Attention of the trade was centered no particular issu Wash as stock, which has been re for sev 1 weeks, sold in | valume at 63, and Railway common, unusually quiet since declaration of | the spe 1 dividend some weeks ago. 1nm'l~ a n high on the present {movement, when 10 shares sold a ““3‘ Lanston Monotyy squalled the best price n( the ye when 30 | shares brougk I Capital T action, which files report | of its earnings the first of next weele. { sold at r and a half on & tricted number of shares, a s National | Bank was tive extent of odd {lots at v under the | year's best Railway prefy ed brought 8374 nd Mer haler and 1 the unlisted section 117 shares of n.,,m Sacks § per cent | preferred brougk ! Bonds wer |eral ana refu {and Gas 6s of I nations at | tomac On Railway sold at « 3 sold in l,nru-—«!r—numl 1033 acostia and P Iroad heretotore | , 2 i s Warning to Investors. i ter Business n a spe of alls tions reau 1 bulletin . = ted by the nominal surr he small lot is thus prev much of from spection of buye e prospec upon to the s value deducted larger one The bureau holds that an afford to sell th called “ad tising lots r a nominal sun n there is no justification in the { claim that the are valued at con | siderably more. and certainly no jus ication in charging = for then bulletin points out that fford to sell for the nominal mentioned in thei is then an the the a compan on the and trust t them up with prospect when has no though ate. V n fortuna Kery load The perty |of enth®st the Le | Thon | The ssociation ha | sturdy growth, reach warrants it in maint office of its own 1m| the relocation {liam S. Quinter |De Neale, vice |Camp, secretary: J n |treasurer, and Harry | sel was the Its off president presi s are Wil orge = Wills Thor ball. coun { Merget Rights Sought. | The Norfolk and Western | made formal application today to the | Interstate Commerce Commission for ;nonm\i.vvn ake over the Virginian railway under a 999.vear lease By «m!(l cts completed last May the Nor {folk and Western will assume all the ndebt of the Virginian line and will pay 6 per cent dividends on its common and preferred stock ilroad nal Mention. lent of the xn.m v an, t Co., with Mrs. Moran, left Washington this {morning by motor for a month’s trip orth, probably taking in a section of How the | | Central | short is taking a Md Unlisted Securities Prices, The following latest bid and asked |prices for unlisted securities are quoted for the idance of holders of these | RONDS Army an STOCKS | Anacostia Bank Banking_Trust and Mo: | Chapin-s | Chapin-Sacks 7& pid | Chapin-Sacks 8< prd Citizens Savings Bank Connecticut o | Chiristian He | Departmental Distriet Title Eage unsey Trust Co Tih Capite Northeast. | Park Sa a | Potomac Savings Bank Raleigh Hotel Co Washington Title Ink’ Co Washington Base Bail Club Woodr e & Lang. Sav. Bk WOOL SHADE HIGHER. BOSTON, July 3 (Special).—Prices strengthened a shade foday. although trading consisted mainly of cleaning up operations in advance of the holi- day od quality fine fleece iwoold | s0ld as high as 57 cents in the grease, with only scattered stocks available at 56. This is equivalent to about $1.40 clean. allowing for shrinkage. Fine territory wools, clean, ranged from $ to $1.37. Quarter blpods moved well TREASURY CERTIFICATES. (Quotations furnished by Re. 435 March i 128 Bl N EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal Selling checks old value - todar. $4R065 $4.86 % London. pound 186 Montraal.”dollar. . Paris. franc Brussels. franc ark Fane drs Deseta Vienna, crown pudapet crovn Praguc. Crown Warsaw. 210ty . Copenhagen. trowii Christisnia. crown Stockholm. crown NEW YORK, July 3 (#).—Ioreign exchange irregular: quotations in cents; Great Britain, demand, 485%; bills on’ banks, demand, 4.68; cables, demand, 3.56%: cables, sium, 4.65%; Ger- d, 40.02: Norway, ; Denmark, 38 pain, 14.54; : Czechoslo- Berlin Rome. | Zurich Athens adrid Ttaly, Demand—Be! Greece, vakia 14%