Evening Star Newspaper, January 16, 1926, Page 14

14 ¥, GINANTIAR, STOCKS SELL OFF INBRIEF SESSION Early Rally Peters Out When Break in Hudson Motors Weakens Market. Abitib! Pow (4). Ahumada (11).. Afax Rubber Alaska Jun Allied Chem (4). Allted Cm pt(7). Allis Chalm (8). Am Agrioul Chm Am Ag Chm pf. . Am Bank N 1.60. | Am Bosch Am Brake Sh (6) | Am Br Boveri. ... Am Br Bo pf (7). Am Can (110). Am Can w. Am Can pf (7).. Am Car&Fdy (6) Am Chain A (2). Am Chicle. Am Chicle ctfs. . Am Drug. .. .. Am Express (6). Am & For Pow Am & F P pe (7). Am Hide & Lea. Am Hide & L pt Am Ice (110).. Am Internat) .. Am La Fran (1), AmLaFrance rts Am Linseed. .. Am Loco (118) Am Loco pf (7 85 the Associated Press. NEW YORK, January 16—Rally- ing tendencles developed in today's hriet session of the stock market, but 1hey failed to hold, and the general 1avel of prices again worked lower. Ralls displayed a_firmer undertone, but the early rally in those issues un- der the leadership of the eastern car- viers soon petered out. Associated Oil was bid up to a new high record at . and independent strength _de. Veloped in & few public utilities, food snd equipments. Short covering operations, which 1 cilitated the early advance, were pra ically abandoned when selling pres- .ure was renewed against the motors in_the last hour. Hudson broke to 1081, or about 10 points_below Wednesday's high, ; while substantial recessions took | Am Metal (1) .. . place in General Motors, Studebaker. | Am Radiator (43 Chrysler, Dodge and others in that | Am Safety R (1) =roup. Am Ship & Com. The closing was heavy Am Sm & Ret ( &pproximated 1,000,000 Am Snuff pf (6) | Am St Fays (2). MOTORS ARE WEAK !Am Sugar (5) Am Sumatra.... Am Tel & Ca (5) Am Tel®Tel (3). m Tobscco (19) Am Tob B (17).. Am Tobac vt (6) Am WW&FI 1.2 Am Woolen Am Wool of (7) | Am Writ Pap pe |Am Zinc. the | Zine pe Totul sales hares. Steel Common Starts Off Higher, But Soon Declines. | DY STUART P. WEST. NEW YORK, January 15 -Motor Stocks were under pressure again in “he stock market today. [ludson was the weakest, reflecting disappoint- nent that nothing was done at Iri- iay's meeting except declaring (1 regular dividend. The weakness in | . Hudeon extended fo_ Chrysler, White | Aracon®s () Motors and Studebalker. but did not | armonr1n (B have 8o much effect upun other mem- | Arn Co bers of the group Art Metal Steel common 1 be- | aso b zinning, then su Crucible | $e0 b G vas only fractt the { 4350 O] antimistic statement o egarding the business outlo Sheffield, which x nolnts_Friday i a Atl Birm & At Atl Coast T, At] GuIf&W 1 At! Gulf&WT pf for | Atlantic Refing Doint Railway equipment shi *he time being what bullis! eling | At ‘here was on the talk of increasing husiness. There were no efforts at | Austin \ support in Baldwin Locomotive American Brake Shoe fc - \merican Car and Foundy v wl Balto & Ohio(5). & Oh pf (4) orfolk and W rsda’l A (1) the consideratis the hard co the advantag viers. B. & O New York Central ra for a while th n Eries. But stocks previous United & i was L that cont the soft up fract fod w1 ance of | wor Beldinz Bros(2) Bethlehem Sti Beth Sti pt £ | Beth St pf (8) 4Y | Rootl as on g | Bi1 Edison (8).. | BkyIn-dtan (2. fresh | Bk-Man T pf(6) r Burns Br B (2) Terminal | Butte Cop changes lency coverin .| Calumt&lic1:, | Can Pactfic (10) Case Thre: Case Thr pf N Leather. . t Leather pf. higher; easy: com Chandler (3) Chandler ctfs Chesa&Olo (4) Ches&O pf (613) Alton..... CREDIT- PLAI.\I ARRANGED. $15.000.000 Corporation Heve to Make Foreign Loans YORK Chi Great West. Chi Gr West pf Ch! Mil & St P. Chi il & StP p? NEW ation auary 16 ) of 600,500 po in Europe . Read & public for the 1 next week. Associated with American bankers in the under- | Christie Brown. «ing will be Mendelssohn & Co. of | Chrysier sterdam and the Disconto Gesell- { Cluett Peab (3) me of the { Coca-Cola (7) | Col Fuel & Tron. it | Colo Southern. [Col GEB (2.60). | Col Carbon(4) Coral Cred (113) Com Credit rts. he purpose of the corporation 3, will be 10 extend credits e equities ir ser Luropean indus al corporstions rose individua! | & o irements are Umited to moderate | SO g;fl'\”‘:))' sms and which ure. t sior | 998 Y & G0 suited 10 the making of public 10ans. | Congeteum (2). QALE | Consol Cizar STOCK SALE ARRANGED. |consoi Cigariis ———— | Con Cigrs pf (1) Consol Distribut to | Consol Gas (5). | Cousol Textile. Cont Can (73) | Cont Insur (8). | Cont Mot (80¢). { Corn Prod (2 nd 1 an othe: Margland Power Project Soon Offer Securities. Special Dispateh o BALTIMORE. tary Harper of o ion and “ederal Power vesterday : the t €50.000.000 e Sta. Janu the e M. King of th 3 amission conferred | Coty Inc (3.80).. formalities attend. | Crucible Stl (5). F < in the | Crucible pf (7). lectric | Cuba Cane { Guba Suzar S Cuba Co s | Cuban-Am S Cuban Domin... the Penn. |Cudahy Pkg (7) hority to |Cushman rts. * the | Daniel Boone. . T on Cnem. 1| Del L & Wn (47) | Detroit Bd (8).. ssion | Devoe&1ta(2.40). wle of the | Dodge Bros ClA | Dodge pf (7). 1 Doug Pec (i1'4) | Dupent (i14)... DuPont deb (). OIL INTERESTS SOLD. Ryl C. Eastman (*8) British Figure in $10.000.000 Deal |I3astman bt Eaton Axle (2 in Midcontinent Field. | Elec Pour & L. NEW YORK. January 16 (8).- -nm:i;{:cgw,;.éu ) Asnerada Corporation. formed by Lord | ot iorson B pf Cowdi m 1920 to engage in oil | gnd John (5). .. rodu m the iroutinent tleld | grie R R. . 1nd largely owned by British stock- | jirie 18t pf. older Wwill be Americ: 2 nlans t by anking group which has purchas 1he property and -will pass it on he public. The transa vod 1o involve about §10. prope-t the majori explained th iy direct the ssle of securities nd ion which mous pf (8).. dLight(*1.40) Ted M&SmM ($10) the - rporation, t NatP pf(s) ch at Nat Stores ated S | Fisher Body (3) Ne neing for the ecompany will | 5 ew financing o the company will | G5 pper anounced w ne nexo 10 days, which the corporation. which | bieiscanin ")) » has conflned its operutions | posiriim A (4).. nd Okiahoma, will extend | pederort Texas. s oil flelds. 1920 the | Gabriel A(13%) dy growth, | Gardner otor : | Gen Asphalt. | Gen Clgar (8). .. | Gen Electric (8) . | GenLl spec(60c) . GenGas A (1%). Gen Motors(t12 Gen Outdr Adv. Gen Outdr A (4). Gen Petrm (3).. GenRySiz(i414) Gimbel Bros Glidden (2). Gold Dust. ... .. Goodrich Ru (4). Gould Cou (2)... Goodyear pf (1) Te s organizition in mpany has enjoved a stea FINANCIAL NOTES. NEW YORK, January 16 (®)— Total net earnings of the 23 national hanks in New 1925, com- ed by Fin: 1gRrezated $59.903,000. Dividends paid to stock- holders amounted to $37,895,000 and 1he surplus and profits account was nereased $35, 000 Net earnings of Trumbull Steel for hie final quarter of 1925 are estimated «t $643.690 after depreciation and in- crest. hut before taxes Net for De- cember -was $319, Alr Reduotn(5). Received by Private Open. High. Low. 72 8% 107 10% 1% 114% 120% 91% 81% 934 41 30% NEW YORK STOCK EXCHANGE Wire Direct te The Star Office Close. HE EVENING STAR, WASHINGTON. BONDS HOLD FIRM INTRADING TODAY IMore Interest in Foreign Group—Tractions Lead f . High. Low. Closs. ' | Gotham 8 1 23 39% 393 39% lotham pf (7) 1017, 101% 10134 101% © Granby Consol.. 20 204 19% 19%| GrtNorthpf (5) 75 75 Gt Nor Ore(1%). 25% Gulf Mo & Nor.. 33% Gu M & N pf (6). 102% Gulf States S (5) 88 Hartman (233).. 3 | HayesWhi(t315) L. C, 16, 1926. [owows i BONDS o i Received by Private Wire Direct to The Star Office UNITED STATES. ! (Sales are in $1.000.) Sples. High. Low. Clore. 116 1002 100 100 3 10124 10122 10122 220 10021 100 18 100 21 Lib3d 4%s. 71 10029 100 28 100 29 Tab4th 4%e 510 1021 102 1021 US4s1944 11032 1032 1032 US4%sG2 6 10619 10916 10819 FOREIGN. SATURDAY, JANUARY Sales. Hizh. Low. Closs. Westinghouse 7=... 5 106 105% 105% Wilson & Co 1st 65. 12 99% 994 994 Winchester A 7%s. 6 101% 101% 101% Youngstn S& T 6s. 6 102 102 RAILROAD. Atchison gen 4s. . 90 Atlantic C L el 4 9 ] 94 B&OGold4s..... 9 B&Ocv4ly 94%% Lib3i5s Lib 1st 4348 Lib2d 4%s. Helm Geo (16%) Hoe & Co A (4).. Homestake gn) g Househd ((333). Houston OI1. . Howe Sound (2). Hudson Mn (235) Hudson Mot (3). Hupp Mot (1)... Tllinols Cen (7). Indep Of1 (1).... Ind Motrey (50¢) Indfan Refining. Inland 8t ( Do Inspiration (2).. Interurb Rap Tr. Internat Agrl. .. Int Bue Mac (8). 141 Int Com Eng (2) Internat Har ( IntMatch pf 3.20. Int Mer Mar pf.. Int Nickel (2). Int Paper .. Int Tel & Tel () Towa Central. Jewsi Tes. Jones Bros Te. Jones & Lau (7) Jordon Mot (8). KCP &L 1st . IKan Clty uth. . Xan C So pf (4). 110% 26 tone T & Kresge Dept 3 Lee Tire & Rub. . Lee Tirerts..... Leh&Fink ctfs s, Liz & My B (14). Lima Loco (4).. Domestic Issues. BY GEORGE T. HUGHE ! Dispatch to The Sta " YORK uary were firm in the two-hour t in bonds today. There were | reactionary issues, but mostly speculative group. More wi prices were mainly higher. | Yugoslav S8« advanced on t port that a new 0 Yugoslav would as soon as the govel debt had been funded e French obligations, The fact that Krench bonds in Paris improved ! helped the market here. The in Hungarian announced that revenues for November ! than two-thi; of | sinking fund requirements o Hungarian 7lis for Local trac ns most wctive of the domestic | Hudsen & Manhattan made « income 11 | 19: | led day, week Among the industrials of iuv ¢ rank United States Rubber | the feature, selling around 93 Iwas also aectivity in | tractionally higher, evidently a | vestment buying In the rails, New Haven conv s were conspicuously strong but the railroud the pl were bonds appr fraction of the record h Interborough refunding 17 dectdedly. They were 1110 however. down 54ts 13 38 16.—Prices interest shown in foreign obligations and loan of $40,000,000 avranged nent’s war did better, not only the government | overnment Friday Ti:s was checked. the interast and the entire war. were among refunding s new high above 94 und the hed within a still sharply on Anaconda Argentine b . |Argengsuze L 9 |Argen 63 Oct'69... 60 [Argentine8sA.... 9 Argentine 6s B - 14 Argentine 7s. 10 Australian 5s Austria 7s Bank of Chile 612s. Bank of Japan 6s. . Belgium 6, Belgium 68 Belgtum 78 Belgium 7%s. . Belgium 8s. Berne 8. . 1 Bollvia 8s. 87V, 8% 964 964 974 6% 101% 97 101 954 99% 8614 93% 96Y% 1094 107 107% 974 83% 894 4 106% rading a few in the S he re- o bonds | Bordeaur §s. Brazil 7s. Brazil 714s. Brazil 8s . {Canada 6= 1926 | Canada 55 1931 | Canada 5s 1952 | Canada 515919 | Chile 7a 154 Chile 88 1925 | Chile 88 1941 | Chinese Gov . | Con Pow Japan is. [Cuba Y4s 3 Czecho 88 1951 Czecho 81 1952 ct . . Danish Munic 83 A. Denmark 6s. : DE15%sNov '53. Dutch East I 65 '47 | Dutch Fast I 6362 | Finland & £ 65°45. . | Finland 7s.... 65 | Framerican 73,3 lso in-|French 7s... \French 7%3s. . | French 8. issues = e selling I ledged more - n the the issues. P gh of 3% ral- to the ORI NPOVON. 08~ 4 PR ~T 4 TP ST tment were There 1360 ertible There Sales. iz, Low Ciose. | | 8 B& Orefbs. 95% E&O1stbs c 103% B&OGs... 108% B&Orfimp 4 106% B& O PLEWYV 4s. 90% B&O Sw Div s cfs. 9914 Bklyn Manhat 6s. . 9% Buff R & Pitt 4143, 88 Can Nat 4135 30 98% Canad North 6% s Canad Pac deb 4: Car Clinch & O 5 Car Clinch & O 63 Cent of Ga 63. Cent Pac 1st 8 '90. Ches & O cv 4158, Ches & O ev 1& Alton 33 Chl & Alt 318 ctfs. ChiB &Qgn 4s°G8. Chi B& Q1strfis. CB&Q-Idivi4s.. Chi&Elgnss.... Chi Great West 43. 18 Bt P4s 2. . CM&StP gn 4589 1& StPcv 4%s.. CM&SPov4i4e3iess CM&StPgnis. CM&St Prf4ts. CM&StPr4%s cf 14 CM&StP6s. ChiRys Ss. . ChiRI&P 4 ChiTH&BE Chi Un Sta 5s Chi U Sta 8345, .. Chi& W Ind cn ¢s. C& WIBis'62 Cleve Term G%s. Cuba LR 7%s. Del Tfud cv Bs 'S5 Del & Hud @reeat EES<:43 @R 80% ~ 89 102% 17 83 1014 @ e ameRemedie 2 105% 110% *| Den & Rio G cn 43. |DRio G West b= . United 415=. . 1074 | ¢ 149% 6% 114 88514 1% 574 116% .| Norflc& Wn (18 ‘!Savage Arms il Schulte pf (8) . Loews Ine (2) Lort . Long Bell A (4). Lorfllard (3) . Lortllard pf (7). | Lautsiana O11. s GasA( | Louts & Nsh (6). vas good support for Texas adjustment strength in the high-grade group S pronounced Southern o | Pacitic refunding 4s were in especial 241y | demand. Eniitm w118 G e RUBBER CULTIVATION ON LARGER SCALE IN U. S. MeIntyre P (1).. 231 Intercontinental Missouri 473 861, 1254 231 Mack Trucks (8) 14605 | Mack Trucksrts. & . 704 MackTk 2d pf(7). Macy HR & Co.. Magma Cop (3). JMalltson & Co. .. fan Bl Sup (4 finEmdg (5 Man rt (11z). Maracaibo Ofl. ... Marland O1] (4 Martin-Parry(2) JMathieson (4) .. | May Dept Bt (5). Maytagz (2) Metro G pf (1.39) AMfami Cop (1).. Mid-Continent. ars with the Middle States. . ent financiers Mis Kan & Tex._ . 2 2 g t < of the plan MoK & T pf (5). 2 4 sold about 8,000,000 Missour! Paciflc. pounds of the product vear Miesouri Pac pf. plans to incres Mont Power (4). age each yvear Montgom Ward. the movement oon Mot (3) an industry comparable to the We MotherLode (73 ern beet sugar industry. which ma- Mo Pleture(112). aid in the solution of the countr JMotor Met (2.60) rubber problem. Motor W(12.30). H = —p BERLIN BOURSE STRONG. Mullins Body | Credit Reor- ganized With Aim of Pushing Work in Californi Asso 5 LW YOR 51 | vation of rubl 30% I the United St { fornia. is fc rough the re ercontinental Rubber t'o | been experime; Pac Company which has tably on the Tas re- Those interested in predict the growth af Munsingwr (8).. Aurray Body-. ... Nash Mots(§16) . Nat Biscult (+4) at Cash Regstr. at Cloak (4). Move Gives Market Brighter Tone. BERLIN, January 16 (®) - The pre- [liminary organization of the Rhenish e=l Combine and the program of lib. | eral credits to German agriculture, ar. A i i 116 {rangements for which have just been HE e U made, stimulated an unusual measu t Ry Mex 2d of optimism on the Bourse vesterda at Supply (3).. The optimism was further accelerated evada Cop (1) by_heavy buying orders from abroad. Alr Brake(2) If the Bourse activities of the past Y Alr Br A (1) few days afford a relfable barometer, 3 Cannerni (). it may be stated that a feeling of pro ¥ Ceneral (7 nounced reassurance and confidence in YC&StL (6) | the economiic revival of Germany grad- N ¥ NH& Hart. ually is gaining the ascendency over NYOn& Wn the gloom which was initiated with | the new vear and which has been the orth A (B3.40). | chief stock in trade of political pur- North Pac (3)... yevors of calamity. Nunnally (1.50). i = 0il Well Sup (2). Onyx Hos pf (7). | Oppenheim (3) .. Otls Llevator(6) Otis Steel. . . | Otts Steel pt. Outlet Co pf 8 Owens Bot (14). Pactfic Ol (3)... Pac Tel & Tel (T Packard Mot(2). Palge Mot(1.80). Pan-Amer (6). Pan-Amer B (6). Pan-Am Wn (2). Panhandle Park & Tilford Pathe Ex A (C3). Penick & Ford... Pennsy R R (3). Penn-Seab Steel. Peoples Gas (8). Phila Co (4). Phila&RC&I.. Philip Morris. .. Phillips Pet (3). Plerce-Arrow. . . Pierce-Arrow pf. Pierce Petrol. . .. Pitts Term Coal. Pitts & West Va Porto Rico Tob. . Postuml (4.40) Press Steel Car. Prod & Refiners Pub Ser N J(5).. Pub Se &G pf 6. Pullman Co (8). Punta Aleg Sug. Pure Oil (1%). Rado Corp of A. Radio C pt (3%3). *RS NI Cefs(4). Ry StlSp (110).. Ray Cons Cop... Reading (4). Readingrts..... Reld Ice Cm (3). Remington Type Replogle Stee Rep Ir & Steel . _. Rep1& 8 pf (7). Reynolds Sprngs Rey Tobac B(4). Rossia Ins (6) ... RoyalD(a2.98%) Safety Cable (4) St Joseph L(18). | StL & SanFr(7). | 5t L Southwest.. {StL Swn pf (5). Much Std Plate Glass Sterling P (5)r. 21 StewartWar(16) 8615 Stromberg (6).. 76 Studebaker (16). 56% 6% & 55 Submarine Boat Sun Oil (1). Superior Oil. Symington. Symington A (2) Tenn Copper (1) Texas Co (8).... TexGulfS(18%). Tex & PacC & O. Tex & Pacific. ... . The Fair (2.40). Third Avenue... , | Tide Water (1).. ¢ | Tide W Oil pf(5) Timken R B (14) Tobac Prod (6). . Tob Prod A (7). ‘Tobacco Pro rts. Transcont Ofl. Underwood (74) Un Bag & Paper. TUnion Of1 (2)... Un Pacific (10) ... Un Pacific pf (4) UtdCigar(*314). Utd Cgr Strts United Drug (7) Utd Fruit (10).. { Utd Papba (50c) U 8§ Cast Iron P. U S Distributing U S Hoffman (3). U 'S Ind Alcohol. U S Realty (n).. U 'S Rubber..... U S Rub st (8). U S Smelt (3%). U S Steel (7)... U S Steel pt (7). Universal Pipe. . Utl PEL A (2).. Va-Car Ch(n)w 1 Va-Car Ch pf(6) 64 Vivaudou. 26 Vivaudou rts. . . i Wabash. . : 48 Wabash pf A (5) 5% ‘Wabash pf B. 64 Waldorf (1%).. 1714 Ward Baking B. 80% Warren Bros(4). 46% ‘Weber (4) . 8214 West Penn El A. 887 W PaPow pf( 111 West Maryland. 15% West Md 2d pf.. 221 Western Pacific 3614 West Pac pf (6). T Western Un (8) . 139% WesthseAB(17) . 120 Westinghse (4). 2% ‘Weston Elec. ... 16% Weston A (2)... 28% Wheel & L Erie. . 2815 Wheel & L Epf. 4814 ‘White Eagle (2). 26% 26% White Mot (4).. 80% 80 Wickwire ctfs. .. 3 g Willys-Overland 29% 298 283, Willys-Od pf(7). 91% 92% 9114 ‘Woolworth (14). % 204% 203 Worthn Pump. . Al 40 Wright Aero(1). 274 27y Ye! T &C (Tdc). 29 281y Youngstown (4) . 811 83y Dividend rates as given in the above table are’thie annual cah paymentabased on “the jatest quarteriy ‘or hall yearly declarations | Unfess ‘otherwise noted. exira or special divi: Genda are not ineltided. APaid this vear. no regular rate, optlonal in’ stock. ~ *Partiy Mock. 3% i ok pavabie L%, quatieris. §3 15 205 WA 14 oSNkt 63 3 38 30, 134 201 378, 1463 75 87 15% 154 240 83 1928 52% 51 8% 67 80 108% 46 132% 126% 26% 38% 21 « 112 2213 364 78 139% 1224 73 163 28% 29 483 | Schulte (§8). . | Beaboard Alr L. Seabd Air L pf. . Sears Roebk(6). Seneca Copper. ... Shattuck F G (2) ShellTrans(2.16) Shell Un (1.40).. Shell Un pt (6). Stmmons(t: | Simms Pet (1) | Sinclair O11. . Sinclair pf (8) Skelly Ol (2). Sloss Sheft (6).. South Port 8 (6) South Pac (6). .. | Southern Ry (7). South Ry pf (5). picer Mfg. . td Gas & EI (3) | Std G&El pf (4). Stand Mill (5)... St Ofl Calif (2).- StOUNT (1)... StOI N T pf (7). 117 30 120 115 100% 13 90, 27 5715 56 81 5714 43% 17 b or 1Partly Plus Plus 1u7 and | | | Det. German {13t | German | Ger Agr Ger Gen Elec 7s.. | Hatti 6. Holland Arm: Hungary 63 ‘ltaly 77s. Japanese 4a. lst cons 48 Eris gen 4s Erte conv 4s B. Erte conv 43 D 3 fe& Jersey 6s... 4 | Erfe Genessee It 65 |Erle (Fa) cit tr 4s FlaEC0s'74...... Gr Trunk ef db 6= Great North Gs. . Gr North gen 7s. .. Green B& W db B Havana ERL&P ‘5 Hud & Man ref Gs Hud & Man aj 5: 11l Central ref 4s Tl Cen 45 53. 11l Central 13 T11-C-C St L& 1001 Int Rap Tran 3s... & €4l Int Rap Tr 6= stpd. 6314 €3 Int Rap Tran 6s G 650 | Int Rap Tran Int & G Noraj 6s.. Kan City F't S 4s Japanese 6%, .. .. | Jergens U M 6147, Marselile 6a. . ... Mexico 4504 asn‘d. | Mexico 4510 asntd | Mexico Su assented. | Montevileo 7s. ord 6138 orway Gias orway 65 1944 orway 681962 {ent Dev deb 63 | Paris-Ly's-Med . | Parie-Ly’s-Med s | Paris Orleans 7s. Perugs. . Po'and Poland 8s | Prague7is. .. Queensland 7s. . . {Riode Jan 8s 1845 | Rio Gr Do Sul 8s. | Sao Paulo C 80 Paulo 1950 axon P W 7s. . eine Dept cf 7s. erbs Crot Slo-8s. ceden 5149 ct Sweden 6s....... Swiss bles 1946. .. Ud Kingm § Ud Kingm 533837, Uruguay 8s.. MISCELLANEOUS. Am Agr Chem { 3 108t 103 {Am Agri Chem 7353 12 105 105 Am Chain és.. 991, 994 | Am Repub deb 6s. . 99 AmSmlt& R 1st5s 29 100% |Am Smit & Rés. .. 1085 Am Bug ref 63.. 1037 AmT&Tcltrés. 970 |AmT & Teltros.. .1 101% AmT&Tst Am T & T debsks. Anaconda 1st §; . | Anaconda cv db 7s. | Anges Cop 7s rets. Armour & Co 4% | Armour Del 513s.. | Associated O11§s. . ! | Auantic Refin 5s. . 29% EemnerlOe = | Barnesdails £ 8 | st 0s. . | Bell Tel Pa 58 C. |PCC&StLGsA. | Beth Steel pm bs Reading gen 4% | Beth Steel 5345 '53. Reading J C 4351 Bethlehem Steel 85 Rio G W 1st | Bush T Bldg 5s'60. Rio G Westcl | Calif Pete 633s.. . ... RIATk& L 4% | Cen Leth 6345 cfs. St L IMA&S 45 29 | Chile Copper 6s. St L IM&S R&G 4s. CinGE5139'62.. :|StL&SF plésA.. | Col Gas & El 5s. Col Gus & El 55 sta. Commonwth P 6s. . Con Coal Md 1st 5s. Con Gas NY 6%S. | Consumers Pow 3s. Cuba Canecv 7s... Cuba Canecvd 83 Denver Gas 8. Det Edison ref 6s. Dodge w! Bst Cuba Sug T%s. Fisk Rubber / Empire G & F T%s Goodrich 6%8. ... Goodyear 85 1931.. Goodyear 65 1941. . Hershey 538 Humble O & R 5%s Tilinots Bell 18t 65. Illinots Steel 414s. Indiana Steel s. ... | Int Mer Marine 6s. Int Paper 53 "47. (nter Paper 63 Inter T&To%S. .. Kan G & E168°52. . Kelly-Spring 8a.. Lacl G ref 53'34 Laclede G 5852 Liggett & Myers 6 Lorillard (P) 3s... Lorillard (P) 7s... Loutsv G & E 58 '62 Manat! Sug st 748, Mid-Con 6%38 40 Midvale Steel &5 New Eng Tel . .. N Y Edison 68 '44.. Y Edison 6%s. .. YGELHRP ¢s Y G EL H&P Y Tel 4%s. NY Terés'él..... North Am Ed 6s... North Am Ed 6%s. Pacific Gas & El 65. PacT& T 1sts. .. PacT&T68'62. .. Pan-Amer Pete 6s. Pan-Amer Pete 7s. | Phila Co 514338 Phila Co ref 63 A. Phila& RAC& L6 Plerce-Arrow 8s. .. Public Service 8s.. Pub Sery Elec 68 P Serv Gas 5%s 64, Remingtn Arms 6s. Rog Brown Iron 7s. Saks & Co st 7s. Sinclair O1168. . Sinclair Oil 6%s Sinclair O11 7s. .. Stn Crude Ol 8 Sin Pipe Line 5s. .. South Bell Tel bs. . So Por Rico Bug Ts Southwest Bell bs. . Tenn Elec Pow 6 Toledo Edn 1st 7: Unlon Bag & P United Drug 6s.... U S Rub 18t rf6s. . U S Rubber 7'%s U SSteel st 5s Utah Pow & Lit os. Vertientes Sug 7s. ‘Westn Union 834s. . Kan Cit Lale Shore 4s % | Lake Shore 4s'31.. Lehigh Val cn 4s L &N 4% 2008. .. Louis & Nash 13s. "4 Manhat Ry cn AMarket St Ry Ml EIRy & Lss. .. A StP &SSMen ds MK&Tad) . 1 | Mo Pacific gen 4s. Mo Pac 81 49 D. Mo Pac 65 35 E Montr] Tm 18t G5 NOTex &3 ings. NO Tex & M5sB. NOT&MbsYs.. N Y Cent deb 4s N Y Centrigs N Y Cent deb 65 NY Chi & StL 6 NYC&StLésA New Hav deb 45 '35 ! New Havencd 6= |NYontWist 4s | XY Rys 6363 N YW & Bos 4% Northern Pac 38 | Northern Pac 4s. | Northern Pac 55 D. i Northern Pacr 1 6s. | Ore-Wash 15t 4. Pennsyl gen 413s. 99 109 95% 105% 100 9415 87 102% 843 918, 86% 80% T3t 86% 95 974y 90% 8174 105 108% 113% 103% 58 478 92% 9914 103% 101% 984 1024 100 100 6915 974 1 88% 1 82¢ St LS W 1stds. St L8 Wcon 4s'32. St P & KCShL 413 Seabd A L 4sata. Seab A Liref 4s.. Seab A L adj 5s. . Seab A L con 65 Sou Pac 4s°2 Sou Pacific ref 4s Southern Ry gen 4s Southern Ry 1st 6s. Southern Ry @sct. . Southern Ry 648 Texas & Pacific 1 Third A’ f 48 Third Ave adj &i Union Pac 1sf Union Pac ¢s'27. Union Paccv 6s. .. Virginia Ry 1st 6s. Va Ry & P bs. ‘Wabash 1st bs. ‘Wabash 2d 6 ‘Wabash 53%8'75. ‘Western Md 4s. Western Pacific West Shore 1st 4s. . Whel & LErf 4358 — . CRUCIBLE STEEL REPORT SHOWS GOOD EARNINGS NEW YORK, January 16 (#P).— Net profit of $2,070,247 for the four months ending December 31, 1925, was reported today for the Crucible Steel Co. by H. S. Wilkinson, chair- man of the board of directors, in a statement to stockholgders. From this a dividend of $1,362,486 will be paid, leaving a surplus of $7Q7.761. The report was issued for the four- month period to correspond to the change from August 31 to December 31 as the end of the company's fiscal year. Operating profits. after deduct- ing Federal and other taxes, was re- vealed as $8,429,926 for the four months, which were 8aid to be larger than for any four months in the last five years. ARMOUR NOTES CALLED. CHICAGO, January 16 P).—The board of directors of Armour and Co., packers, has voted to call the $1,900,- 000 8 per cent gold notes outstanding, which normally would mature in 1930. In announcing the call, F. Ed- son White, president of the company, explained that the notes were part of the obligations of Morris and Co., taken over by Armour at the time of the purchase of the Morris intergsts. RATES ON BAR SILVER. LONDON, January 16 (®).—Bar silver. 313.16 pence ‘per ounce. Money, 814 per cent. Discount rates: Short bills, % cent; three month biMe. per é.':! o A o) R B e - e e - e L D R N R L L L P N N @ - o 3 95% 9 91 6112 91 1M1% 112 ot | 641, | the official estimate of the wheat 5814 | tive estimate 5u%, | exportable surplus 88v | fact that all United i i 871 | \vheat values were too high 844 I not influenced. | By the Associated Pr Argentina |and thus weakened values of whe: | total | Faling the provision market | CHICAGO, Januar: Iters that FINANCIAL. GRAIN GOES LOWER ' RUSH T0 BUY AUTES INWEEK SIARKET ~ON GREDTISSEEN Reports From Argentina and | Installment Plan Believed Australia Send Prices Down | Spreading—Other Lines of in Chicago. Trade Reviewed. Special Dispatch to The Star. NEW YORK, Janual e wutomobile show not only stimu 1 record volume of sales and « veaking attendance. but | | e how that for the immediats both factor e least. the credit situation cf which led to incre: the people of the United States is bet r than ever befor anufacturers ate a tremen; demand for the months assert that part CHICAGO, January With the southern hemisphere at the batting plate this week in the wheat market, prices have gone lower. Australia and | o, developed d pressure to sell and of other grain as well. Com a week ago, wheat this morning sh €d 1% to 31 cents decline, and a corn setback of 213 to 4'; cents and Oats 3,a% cents to I cents loss. visions, net changes varied cents off to 45 cents advance. An increase of 14.000,000 bushel vutput than Some manufacty In pro- | cars declare the b from | vehicles of this type w this ve Others, far m n | tive, pluce the figure at 3 | ook with no little anxiety t alf of the year. But there passenge. 4.000,00 turne e const the not an 1d bus pre 15 to 20 1 this season in Australia can the week drew to an end and was em-|guestion that the truck phasized by of big export ship-|duction will ran o ments from A ing on. Pre-|cent above tl 1 viously there had heen an authorita- | New Models in Trucks O i aluah bush: | tracks embodying distinet variatior s [ 188 1 from 1t types will be on the mi In of the next fe week Demat tutes were well v " > A ni for both tr 8 and above a world parity and near to an House interests. str import basts for wheat from Canadi T e efforts here to advance prices wer Gt to opEh Ne under a disadvantage and were with bus tourists:and are. n out lasting etrect L fleet of vehicl Frequent transient upturns in Ono ot ine live wheat prices. however, we wit Ruters e nessed, despite assertions that domes tic stocks of wheat both and out of the visible supply are larger than has been generally believed and will at present 000.000 Lushels off in arrivals of domestic primary points neverthelees in strengt of wheat av livery and « some traders a possibili of supplies vet notwithstan vent news from south of the Depression of corn and its source more or less in the fact that for the first time this season. the corn visible supp! larger than at the corresponding time last vear Seeming likelihood hortage of hogs u gely responsible 15, as & ported last seasc mobile ing eur equator oats had is 1 wsed depa [ capac rporict CHICAGO LIVE STOCK MARKET CHICAGO. Values were 1 the v Il light runs. Hogs cents on a supply Lght butchers sold with noderweigh for = hugs iversally re; are onl present 1 Rubber Al 3,000, Choice sup! « best steers were up were off t weak, and good cows dropped %5 to 40 cents up $1 in spots. Bulls Sheep trade was only non of 500. For the week 50_cents lower. while were off 50 to Aged sheep sold btter t bu here were off TODA%'S GiAIN MARKET. 16 )~ cribed lurgely to Eastern and to foreigners gave the market @ downward trend the early dealinzs. Much wheat selling appeared to be based on opinions expressed in some quar- | gitation to promote higher corn had spent its force, such circumstanc In the aggregate. however, wheat (rading was not heavy and the market was s Openin quotations, Rice and T May 43, and 1911 . ! stry 1. Coffee material further set-|Sugar fluctuatiol back. & narrow limi I weather Liberal arrivals of corn here had a |grinding {n Cuba. and stock: bearish effect on corn values and on |land sufficient for sume three months oats. After opening unchanged to I, | Best sugar slumped slightly off, May, 851, to 831i, the corn mar- | Most fre: s have been stronx ket underwent a decided drop all 'in price in Eastern centers. The ex around. ception is Florida grapefruit. The Oats started unchanged to |demand for prunes is unabated, an: lower. May, 43! 10 4%, and the stocks of ned fruits is re continued to sa markably lght Provisions were firmer The break i1 ions for end upturns in the hog market ing the anthracite strike zave petus to bitmuinous and coke produc tiow and pric Wilway freigl loading continu s The trend for olidations con . | tinued to manifest itself in rumor involving many railroads and pub’ utility corporationus, soft i and dairy products TODAY'S WOOL MARKET BOSTON. January (Special) Manufacturers are disposed to antic ipate favorable husiness in woolens and worsteds, but are awaiting t coming goods openings before maki heavy committements for raw won! However. they are sounding out the | market and domestic quarterblo { wools are in good demand. Pric generally are steady. Fleece woo! { holders are sticking out for 55 cents |in ihe grease. Tesas Full wool is of fered at $1.15. clean basis. the vol tening m bustnass stock sales the no £ has beo: nd coppe- nta Hing | sources | - wheat | today in of the industry h; trong positlo 15 positicr Mexi periodic: laws gov that (e prices for th and that under Active. ed activi in fair d ere confined 2, to T lowe: 1.75, and July followed Dy tea Tsaly then owing to | BALTIMORE PRODUCE. BALTIMORE, Md., January 5 | (Speciall.—New potatoes. 100 pound 2.00a4. beans. bushel, 6.00s brussels sprouts. quart, 5 bage, ton, 63.00268.00: sweet potatoes barrel, 2.00a5.50; yams, barrel, 2. 4.50; carrots, 100, 3.00a5.00: caulifl er, crate, 1.50a2.0¢ | 2.35; cucumbers, crate, X B bushel, 40a50; lettuce. 3.00a4.00: pep- crate, 3.00a5.50; onlons, 100, 2.50 oyster plants, 100, 6.00a8.00; eggplants, crate. 3.00a5.00: tomatoes, crate, 2.50a6.00: spinach, bushel, 1.004 1.50; zavoy cabbage, bushel, 50a75; tur- ips. basket, 40a50. Apples—Barrel, 0a7.00; 5 ; cranberries, box, 7.00a10.00; grapefruit, box, 2.7584.00; oranges, box, 8.00a4.00; {angerines. box, 2.75a 3.75; strawberries, quart, 1.00a(.10. 16 bushel, CRUDE RUBBER LOWER. NEW YORK COMMODITY NEWS WIRED STAR FROM ENTIRE COUNTRY PITTSBURGH. January 16.—Jones & Laughlin are working 11 of the 12 blast furnaces in this section and ship- ping steel at a high rate. Pittsburgh Steel is also operating at an excellent rate and preparing for heavy Spring demands. ATLANTA, Ga. January 16.—The money value of Georgia's crops in 1923 amounted to $230,524,000, of which cotton and cottonseed, valued at §$126,- 100,000, represented 54.7 per cent. Corn represented 18.1, peaches 4.4, n:bsncco 3.2 and miscellaneous crops, CHICAGO. January 16—The vol- ume of trading in grain on the Chi- cago Board of Trade continues larger than a year ago. Trade for the last | month involved 2,761,028,000 bushels, compared with 2.443.93,000 a vear ago. PLAQUEMINE, La., January 1 Andrew H. and Edward J. Gay have | T = l received 10 cars of Irish sced pota-| toes from Nebraska, which will be| GERMAN BONDS AND STOCKS. used in transforming one of the (Quoted in dollars per million marks. ) largest sugar estates in Louisiana into | Ger Gt (w Ins) 25 101418, 550.00 ~600.01 a truck farm. iy ey oa 19009 January 16 (Speci —Crude rubber, standard grade, was quoted at 83 a pound, agains 96 last week and 34% last vear. BOSTON STOCK MARKET. nuary llowi a list of today’s highest, lowest and losing prices for the most stocks dealt in here e Arizona Bigelow 1lart Binghan Mines Boston & Me Copper Range East B E + Ger Gt 4-5s lénfi‘ld loan ) PORTLAND, Oreg., January 16.—| Ger Gon Eltc 4158 precwar: The mills of the West Coast Lumber- | Ger Gen Elec 41as 1919 : Tlin 48 pre-war... ... men's Assoclation last week manufac- | Hamb fs. 5us & 15 pre tured 65,583,580 feet of lumber, sold | Hambure Amer Line 4138 95,970,793 feet and shipped 80,672,291 | North German Liovd s feet. Fir logging is slowly reviving in | Prussian Consols 3% — Prankfor % All sections of the country show | Mupich more commercial failures this week | ; than the week before, R. G. Dunn & | Commerz and Frivat Bank. 1100 Co., reporting 573 defaults, an increase | Drosdner Bank. . 0:00 of 51, and 44 more than the corre- | Deutsche Bani @ . . sponding week last year. The largest | parmstagdies Bank. increase was en the Pacific Coast. ' Heiden Chem -