Evening Star Newspaper, February 1, 1926, Page 22

STOCKS SELL OFF INLATE TRADING Higher Call Money One Rea- son for Selling—Low Prices of Day in Last Hour. BY STUART P. WE patch to The Sta NEW YORK, I Ket turned downward * of tr: f hoin v money went to wiis only for the selli understood that only temporary. The market was somewhat shaken which for hte most part was at the low prices of the day. Oil Advan had been week to an the mit it was ws cam The by Sinc wa : per cent, but perfunctory excuse because it was well the money rise was at the close pected. looking for- iva ‘all Street prices in ntinent not sur- today of tive ir Consolids promptly fol- The reason for in Sinclair to weelk was thus ket for oil Shares make much re-| Marlar quoted most ken this tim. tion, and the lowed by 1 th ial st end of The ma failed Stocks like 0l w nd Californi nt O and G Spoc 1 the uppirer pnerally Gains Among Spect r the so-c d indu the features w which was responding v Tip the new plan by which | empl 1 zet “B, des the pr siphur - and we @ new | k dividend | the last | rd was bid tication of the | mounted to 2,700 in the broke all > stocks | that - was ing to be perma; ireat West- r and es Strong. shares were in_de- Avenue made a h for the most part o traction groun of kept up. Peoples as very strong, also lyn Edison was re- in Phila- shary in a Comp sume:d delphia CLOSE IS IRREGULAR. W YORK, Febr 1. was irr r. Selling press = final hour coincident of bank loans and call money to closir devel with the an advance in cent. United fell back a point and to 3 points in- cluded € Sears-Roe- Sloss-Sheffield Steel and United stocks, however, responded to ncrease’ in Midcontinent crude s and various specialties held or extended their gains under the leader- ship of the food issues. Total sales approximated hares. 1,500,000 KEW YORK s = South Su, to Ricar s hanges Cotton pot de- sed offe lower disappointin; 1gar lower: incr of spot. Coffee easier; razilian market. CHICAGO—Wheat lower; port ex- and. Corn easy: larger re- attle weak. Hogs steady; s inactive. ASIA IS NEW FACTOR IN IMPORT TRADE Springs to Front Through Rubber and Silk, Reports Commerce Department. By the Associated Press. Asia has sprung to the front as a contributor to the import trade of the United States it was shown today in the Commerce Department’s final ac- counting for 1925, The explanation is the effective working of the rubber monopoly, al- though a contributing factor is the raw silk trade originating in Japan. The department’s statement listed today the following figures as to the s foreign trade by grand aivi- sions in 1923, together with compari- sons for 1% Imports. 15 Grand divisions. 1024 S1.080.087.463 0 Aeia .. Omeania . Africa . Total Among the individual countries fur- nishing imports to the United States Canada ranked first with a 19. of $454,762,560, and Great Britian second with $412,315,859. FOlEIGN EiCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal Selling gold value. ondon, pound. $4.5605 Montreal, dollar. Paris. {ranc russels. erlin, mark . ome. lira Madrid, peseta Vienna. crown. Osfo,” crows. Stockholm demand, 4861 bills_on’ banks cables, cables, 4; Ge cents: cables, ain, 48612; 60-da nce, dem: Italy, demand Demand: Bel 80; Holl: weden, 26. e in| 1k of the | AbItibl Pow (4) Advance Rumley Ad Rumley pf(3) Ahumada (11).. Alr Reductn(15) Ajax Rubber. Alaska Junea. Allied Chem (4). Allis Chalm (8). Am Agrien] Chm Am Ag Chm pf. . Am Bank N 1.60 Am Beet Sug (4) Am Br Bover!. .. Am Can (+10). . Am Can w.i. |Am Can pf (7). | i ¥ rts. Am Chain A (2). | Am Chicle. . . Am Chicle ctfs Am Drug. ... Am & For Pow Am & F Ppf (1), Am Hide & Lea.. Am Hide & L pf. Am Tee (+10) Am Tee pfd (8) Am Internatl Am La Fran (1) AmLaFrance rts. Am Linseed. . Am Loco (118) {Am Loco pf (7). Am Safety R (2) Am Ship & Com. m & Ref (T} & Mot () Am Snuff (12). .. Am Stl Fdys (3). Am Sugar (5)... ar pf (7) umatra. 18 Am Tohacy fAm Tob B (17 Am Type pf ( Am Wa Wo 11 Am Woolen. ... Am Wool nf (7). | Am Zinc. ... m Zine pf. Anaconda | Archer-Danfels. ArmourDel pf(7) Armour,I11 A (2) Armour 111 (B) . Armour 11 pf(7) Arn Cons&Co Artloom (3) Artloom pf (7). Art Metal (1.60). Atchison (7). Atchison pf (5). Atl Birm & At. .. Atl Coast L (19). Atl GuIf&WI... At] GuIf&WIpf. Atlantic Refing. Atlas Powdr (4). Atlas Tack. .. Austin-Nichols. . Baldwin L (7).. Balto & Ohlo(5). Bang & Ar (3)... Barnsdall A (2). Rarnsdall A rts Barnsdall B (2).. Beech-Nut (13). Belding Bros(3). Bethlehem Sti. Beth Stl pf (7). Briggs Mfg (3) v n (3). Bk-Man T pf(6). Bklyn T'n G(4).. Brown Shoe wi. . Brunswick-Balk Burns Bro (10).. Burns Br B (2).. Bur Add Ma (3). Bush Terminal.. Butte Cop (500). Butte&Super(2). Butterick. Byer & Co. Calif Packing (6) Calif Petrol (2). Calumet & A(15) Calumt&H(1%). Can Pacific (10). Case Threshing. Cent Leather. . .. Cent Leather pf. Century RIb (2). Cerre De P (15). Certain-Teed (4) Chandler (3).... Chesa&Ohio (4). Chi & Alton. ... Chi & Alton pf. Chi & East 111 Chi & East 111 pf. Chi Great West. . Chi Gr West pf. ChiMil &St P.. CM&StPctfs. Chi Mil & StP pt C M{I&StP pf cfs Chi & Nwn (4).. Chi & Nw pf (7). ChiPneu T (5). Chi R1& Pac... CRI&Ppf (6). CRI&Ppt (7). Childs ($2.40) Chile Cop (2%). Christie Brown. Chrysler Corpn. . Chrysier pf A(8) Coca-Cola (7)... Col Fuel & Iron. Colo Southern Colo Sou 1st ( Col G & E (2.80). Col Carbon(4)... Coml Cred (1%). Com Credit rts. .. Com In Tr pf 61 Com Solv A (4). Com SolvB..... Congoleum. . ... Consol Cigar..... Cansol Cigar rts. Consol Distribut | Consol Gas (5).. Consol Textile. . Cont Can (6) Cont Insur (8).. Cont Mot (80¢). Corn Prod (2) Coty, Inc (4). Crex Carpet (4). Crucible Stl (5). Crucible pf (7). Cuba Cane Su. ... Cuba Sugdr S pf. Cuba Co (4), Cuban-Am S (2). Cuban Domin. .. Cuban Dom Df. .. Cudahy Pkg (7). Cuyamel Fr (4). Davison Chem. . Del L & Wn (17) DRG Wstpf... Detroit Ed (8).. Devoe&Ra (2.40). Dodge Bros Cl A. Dodge pf (7) Dome Mines (2). Doug Pec (11%) Dupont (114)... DuPont deb (6). Duquesne pf (7). Durham Hose. .. Eastman (18) Eaton Axle (2). Elsenlohr & Bro. Eleo Auto Lite. Electric Boat. Elec Powr & L EP&L pf 40% (7 EIP&Lpt (7).. Elec Sto Bat(16) Emmerson Brnt. Emmerson B pf. End John (6).... ErteRR Erie 1st pt Eureka Vac (4) Fairbks (2.60). Famous P1 (8).. Famous pf (8).. FedLight(®1.40). Fed M&Sm(110). Fed Min pf (7). Fid Phoenix (6). First Nat Stores. Fisher Body (5). Fisk Rubber.... 06; Jugoslavia, 1.76%; Austria, mania, 445; Argentina, 41.37; 14.75; Toklo, 45; Shanghal, 70'%; Montreal, 9913-16, Fisk R 1st pt (7) Fleischmn (new) Foundation (8).. Fox Film A (4).. Open High 8414 18% 62% 814 110% 11 1% 119 9114 31% 9w 41% 341 0% 1781 44% 843 188 6219 8% 110% Low. 82% 18 62ta 8% 110% 10% 1% 17% 90% 4T% 29% 2% 18% 914 48% 40% 147 44 138 100 43% 85% 17% 28% 228% 102 5 1183% 18 110% 79% 80% 29% 19% 80 T% 31% 107% 93 75 4 23% €3 86 42% 51 55% 117% 121 37 95 98 197% 41% 98 24 112% 55% 166% 78 18 62 81y 110% 10% 1% 117% 90% 81w 4% 97 3% 874 141 12y 41 55 61% 78 100 11 48% 4% 20% 3 18% 1% 48% 40% 148% B2% | Freeport-Texas. | Gabriel A(t33%). | Gen Am Tnk (3). Gen Asphalt. Gen Cigar (8)... Gen Electric (8). |GenGas A (1%). | Gen Motors(t12) | Gen Outdr Adv.. Gen Outdr A (4). Gen Petrm (3) GenRySig(14%). | Gimbel Bros. Glidden (2) Gold Dust. | Goodrich Ru (4). | Goodyear pt (7). Gould Cou (2). Granby Consol. . | Grt North pf (5) Gt Nor Ore(1%). Grt Wstn Su (8). Green Canan Guantanamo. Guif Mo & Nor Gulf States S (5) Hartman (2%).. HavesWhl(1314) Homestuke (16). Houschd ((1314) . Houston Ofl. .. Howe Sound (2). Hudson Mn (214) Hud Man pf (5). Hudson Mot (3). Hupp Mot (1). Thinots Cen (7). |11 Cent pr (6)... Indap OI1 (1) Ind Motrey (50e) Indfan Refining. Indian Refg ctfs Inland St (21).. Inspt fon (2).. Interurb Rap Tr. Internat Agrl. Tnt Com Eng (2) Internat Har (5) Inter Har pf (7). IntMatch pf 3.20. Int Mer Marine. . Int Mer Mar pt Int Nickel (2). Int Paper. . Intl Paper pf (1) Int Tel & Tel (5) Intertype (t1%) Jewel Tea. Jewel Tea pf(7). Jones Bros Tea. . Jordon Mot (3).. Kan City South. . Kansas & Gult Kelly-Spring.... Kelsey Whi (8). Cennecott (4)... Keystone T & R. Kresgs (S S) new Kresge Dept S. . Kresge DS pf (8) Laclede G (110). Lee Tire & Rub. . Lehizh Val (315) Leh&Fink ctfs 3. avers...... Liggett & M (t4) Lig & My B (t4) Lig& M pf (7).. Lima Loco (4). Loews Inc (2).. . Loft. . Long Bell A (4). Lorfllard (3) Lortllard pf (7). Loutstana Ot Tiouts GasA(1.75 Louls & ). Ludlum (2)..... MeCroryB(15.60) MelIntyre P (1).. Mack Trucks () Mack Trucks rts. Mackay pf (4). Macy HR & Co Magma Cop (3). Mallison & Co. Manatipf (7). Man E1Sup(3%) Man Emdg (5). Market St prior. Marland Ol (4). Martin-Parry (2) Marlin Rock (2). Mathfeson (4)... May Dept St (5). Maytag (2)..... Metro G pf (1.89) Mexican Seabd Miami Cop (1). Middle States. Mid-Continent . Min St P & SSM. M St P & SSM pf Mis Kan & Tex. . MoK & T pf (5). Missourl Pacific. Missourt Pac pf. Mont Power (4). Montgom Ward. Moon Mot (3) MotherLode(75¢: Mo Pleture(1%). Motor Met (3.60) Motor W(12.30). Mullins Body . ... Munsingwr (3) Murray Body Nash Mot (117). . Nat Riscuit (t4) Nat Cash Reg A. at Dairy (3) at Dpt Stores Nat Enamel & S. Nat Pow&Lt 40c. Nat Ry Mex 2d Nat Supply (3) Nevada Cop (1).. N O Tex &M (1) NY Afr Brake(2) N Y Canners (2). N Y Central (T) N Y Dock...... NYNH & Hart. NYOn&Wn.... NY Rys partcfs. *NY Rys pf t cfs Niag Fpf (1%). Norwalk (1.60) Norfolk South. .. Norfk & Wn (18) North A (B3.40). North Am pf (3). NorthAmEd pf 7. North Pac (6)... Nunnally (1.60). Of1 Well Sup (2). Omnibus. ....... Omnibus pt (8).. Onyx Hosfery . Oppenheim (3) Orpheum Cir(2). Otis Elevator () Otis Steel Otis Steel pf. Outlet Co. . Owens Bot (t4). Owens B pf (7).. Pacific Gas (8).. Pacific O11 (8)... Pac Tel & Tel(7) 44 189 101 43% 85% 17% 23% 230 102 113% 184 1104 29% 19% 8% % 31% 107% 935 7% 4 28% €8 86 42% 51% 56% 119% 121 3T% 95 933 1974 41% 98% 24% 112% 56% 166% 87 Packard Mot(2). Paige Mot(1.80). Pan-Amer (6). Pan-Amer B (6). Pan-AmWn B(2) Panhandle. Park Utah (60c). Park & Tilford Pathe Ex C1A. Penick & Ford.., Penn C & Cke Pennsy RR (3). Penn-Seab Steel. Peoples Gas (8). Peoria & East. Phila Co (4). Phila&RC&I., Philip Morris. .. Phillips Pet (3). Pere M prior(5). Phoenix Hostery Plerce-Arrow. Pierce-Arrow p! Pierce Ofl. . Pierce Oll pf. Pierce Petrol. Pitts Coal. . Pitts 8t pf (7) Pitts Term Coal Pitt Ut pf $1.20.. Pitts & West Va. Postum (4.40)... Press Steel Car. Pr St Car pf (7 Prod & Reflner Pub Ser NJ(5).. Public Serv rts. . Pub 8 NJ pf (7). Pub SeEPo pf(7) Pub Be E&G pf 6, Pullman Co (8).. | GenRl spec(60c) . Open. High. Low. 25% 40 52 67% 109% 340 11% 524 126 30% Bik 58% 78 704 24% 49% 67% 104% 26 98% 1% 9% 828, 86% 324 41 50 46 68% 30 364 71 111% 26% 120% 121 31 23% 11 11 404 24% 117% 16% 467 o 18% 1164 557 2 814 2915 934s 163 12% &3 3814 21 9474 9314 123 6415 40% T% 49 39 115 18% 24% 132 547 118 24 139% 6% 72 9815 43% 24 82 67 45 43 59% 21 28% 96 129 224 1534 90 50 774 40% 8414 33% 8% 59 18% 129% 39% 82% 130% 40 421 28% 12% 310 28% 14 85% 1528 64% 50 94 73 16% 32% 17% 95 84 67% 20% 128 13% 954 51% 64y 116% 131% 78 116 40% 26% 0% 1% 43% 5 8% 26 8% 19% 18 58% 1% 121% 24 64% 45% 19% 45% 116% 120% 72 92 16% 87T% ] 107 107 99 168 25% 40% 52% 68y 109% 841 11% 524 129% 80% b4% 58% 78 1% 243 521 67% 87% % 107 29 169% 264 39% 52 67% 109% 837 11% 62 126% 30 54% bT% 76% 704 491 454% 87 41 384 104 1% 27 6% 40 98 59% 16% 116% 120 71 92 16% 87% k. 107 107 107 99 167% NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office 2:55. Y% 39% 62% 67% 109% 839 11% 52 128 30% 543 57% 7% 7044 24% 51% 93 874 | 86 8014 751 3 7 421 82u% 19% 36% 15 541y RO NEW HIGH LEVELS INLIBERTY BONDS Real Feature of Session Is Sharp Setback in New York Tractions. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, February 1.—Prices were moderately higher, but ity great as last week in to- he most sig- was not day’s trading In bonds. nt gains were n United Government obligations, four of which sold at new highs for 1926. These were the First, Second and the Fourth 4% Libertys and the Treasury 4s. The taxexempt 3%s equaled their previous pish. The advance e in pparently was expre sive of confidence in the money out- The high-grade first mortgage ay bonds were unusually quiet, The real feature of the day, how- ever, was the sharp setback in the I local tractions, which enjoyed so spec- tacular a rise last week. chasers attempted to realiz found « thin market to sell and prices went down as easily as they had orfginally advanced, but with some subsequent recovery, Third Avenue adjustments, which elosed Saturday at 61%, dipped to 58 before new support was encountered. In the speculative rails the Chi and Alton 3 lly strong * 48 and Chicago and 5s were both firm around th cent highs. The loss in Senboard Air Line adjustments was simply the coming off of the 21z per ment When pur today they ver on which French hon Standard Gas slectric will offer 7,500,000 in T cent debentures this week to finance the purchase of Cali- fornia-Oregon Power and of Wiscon sin Public Service, Punta Aleg Sug. Pure O1l (1%) Radio Corp of A. Radio C pf (3%). Rwy St1Sp (n).. Ry St Sp (110). Ray Cons Cop... Reading (4. Readingrts..... Reading 1st (2). Reading 2d (2).. Reld Ice Cm (3). Remingtn 1st(7) Remington Type Replogle Steel. . Rep Ir & Steel. .. RepI1&Spf (T). Reynolds Sprngs Rey Tobac B(4). Rossta Ins (6) Royal Du(1.33). Safety Cable (4) St Joseph L(13). StL & SanFr(7). St L Southwest. StL Swn pf (5). Savage Arms. Schulte (§8).... oard Air L.. abd Afr L pf.. Sears Roebk(6) . Seneca Copper. .. hattuck F G (2) Shell Un (1.40).. Shubert Theatre Simmons(12.25). mms Pet (1) Sinciatr Ofl. Sinclair pt (8) Skelly Ofl (2). Sloss Sheff (6).. South Port S ( South Por pf(8). South Pac (6)... Southern Ry (7). South Ry pf (5). Spear&Co pt (7). Spicer Mg Std Gas & El (3) Stand Mill (5)... St Of1 Calif (2).. StONINJ (1)... StOII N J pf (7). StewartWar(16) tudebaker (16). Studebak pf (7). Submarine Boat. Superior Ofl.. Symington. .. ... Symington A(2) Telautogph (1%3) Tenn Copper (1) Texas Co (3).... TexGulfS(18%). Tex & PacC & O. 49% T6% 40% 244 338 3% 59 13% 129% 893 81% 129% 40 42 27% 12 310 28% 14 35% 151% 64% 50 94 2% 16% 33 17% 95 33% 5% 29% 127% 13% 95 51% 6414 115% 181% 77% 116 40 25% 694 71 43 5 8% 26 804% 19% 52 124% 24 64 45% 19% &% 87 4 384 104 1% 21 6% 4011 98 59% 16% 116% 121 92% 16% 87% K 107 107 929 169% % | West Pac pf (8). }| Woolworth (15). Tex & Pacific. ... The Fair (2.40). Third Avenue... Tide Water (1).. Tide W Oll pf(5) Timken R B (t4) Tobac Prod (6).. Transcont Ofl. . - Transue & W(2) Twin City (4)... Un Bag & Paper. Union Ofl (2) . Un Pacific (10).. Uni Pic 1st pf(8) Un Paclfic pf (4) Utd Al Stl (50¢) . UtdClgar(*3%). United Drug (7). Utd Druglst 8%. Utd Fruit (10).. US Cast Ir P(10) USCIPpt (D). U 8 Distributing U S Hoffman (3). U S Ind Alcohol. U S Realty (n).. U S Rubber. U S RuM 1st U S Smelt (3%). U 8 Steel (17 Universal Pips Util P&L A (2).. Vanadium (2)... Va-Caro Chem. . Va-Car Ch(n)w { Va-Car Ch 6% pf. Va-Car Ch 7%pf. Vivaudou S Vivaudou pf. Wabash..... e ‘Wabash pf A (5) Waldorf (1%).. Walworth (1.80), Ward Baking B. . Warner A (1%). Weber (4)...... West Pen (4)... West Penn E1 A. West Maryland. West Md 2d pf Western Paclfic. 63 39% 147 93 6% 28% 85% 158 56% 262 196 102% 65 554 654 643 83 107% 46% 1324% 243 331 31% 1% 21% 6454 96% 30 9% 49% T6% 18 22 84 18% T1% 130 90% 15% 28 37% 8% 142 118% 3 17% 29% 294 49 27% 81 3% 3 30% 95% 206 40 26% 56 30 196 54% 534 654 643 828 107% 46 1824 24% 881 31% 1% 21% 6454 96% 291 967 49% 76% 18 22 82y 134 14 130 920 155 22% 874 T8% 142 1181 3 17% 29y 29 49 27 807 36% 3 30% 9514 205% 40 26% 65 29% 93% 931 83% 834 85% 107% i 464 4 188% 24% 33% 31% 1% 21% 65% 963, 30% 97% 51 6% 18 22% 85% 185 71% 130 920 15% 23 87% T8% 148 121 8% 17% 293 2915 49 28 8214 38 3 81% 957% 209% 40 26% 33 31 933 84 Western Un (8). ‘WesthseAB(17). ‘Westinghse (4) Weston Elec. ... Weston A (2)... Wheel & L Erfe. Wheel & L E pf. White Eagle (2). White Mot (4).. White Rock{1.80. Wickwire ctfs Willys-Overlan Willys-0d pf(T). ‘Worthn Pump. .. Wright Aero(1). Wrigley Wm(14) Yel T & C (750) . Yel Tr&C pf (7). 93% Youngstown {¢). 84 Dividend rates s 1ven in the the “anual cash Diyents g e Bt e e Soten e, declaration dends ate Rot ineluded. o+ OF svecial divi WPald this vear. po optional in stock. 8. lplllble in prefe: in stock payable 1% in stock Davable 1 % 29% regular stock. Partly v.oak"."'haé?;i rred ul quarterly. Saarieriy, 1108 1 Received by Private Wire UNITED STATES. (Sales ure in $1.000.) Sales, High, Low. Lib33%s... 80 1006 1002 Lib2d 4s... 31003 100 Lib1st4%s 24 1029 1022 Lib2d 4%s. 224 100 28 100 24 Lib3d4%s. 104 1013 101 b 4th 4%a 405 10220 10211 US4s1944 51049 1042 US4%s'62 34 10720 10715 FOREIGN. Sales. High. Low. Close, Argen 6s Ju'69....167 97% 97bn Argen 68 Oct '59. 97 97 Argentine 6s A. 98% 9TY% Argentine 6s B. 97t 97 Argentine 7s. 101% 101% Australian 5s. 98 97% Austria 7s. .. 102 102 Bank of Chile 96% Bank of Japan 6s. 100 Belgium 6s. 8615 Belglum 6%, 93% Belgium 7s. 96% Belgium 7% 109% Belgium 8s. Berne 8s. .. Bo'lvia 83. Bordeaux Brazil 7s Brazil 7%s. Brazil 8s Canada 55 1926. Canada §s 1931, Canada 55 1952, Canada 5%s 1929 Chile 751543 Chile 851526 Chile 8s1941. .. Chile 85 1446 Chinese Gov. Christiania 6s Christianta Con Pow J. Copenhagen 5%s. . Czechoslo 71z rets. 4. zectio 83 1951. ..., 2 Czecho 851952 ct.. 14 Danish Munic 8s A. 3 Danish Munic 8s B. 1 Denmark 6s....... 13 DE13%s Mch '63. DEI5%s Nov '53. Dutch East 165 °47. | Dutch East 16562 Salvador s '48. nland s ¢ 6345 Finland 7s. .. Framerican7%s. | French 7s. | French 714 French 8s. Close. 1006 100 1029 100 25 101 2 102 20 1049 107 28 100% 86% 94 96% 110% 107% 107% 99, 817% 90 106 10222 100% 101% 10312 102% 1014 10255 5 109 1084 47 1004 110% 5 100% 1104 917y 994 9olg 101% 101 111 111% 103% 75 102 28 [ Haity .3 [ Holland Amer 6%3 | Hungary 6%s. Japanese 4s Japanese 6%48..... 40 Jergens U M 63'47. 15 Lyons 65 .18 Marseil) 117 Mexico 4804 & Mexico 45 *10 asntd Montevileo 7 Netherlands 65 Netherlunds 65 '72 Nord 6148, Norway 5% Norway 63 1943 Norway 68 1944 orwiy 681952, ... Orient Dev deb 8s. . Mod 63 Paris-Ly's-Med 7s. | Paris Orleans s... Peru 8s. Poland 65 *40. 108% 81 967n 101% Queensiand 7s. Rio de Jan 85 1946. Rio de Jan 85 1947. Rio Gr Do Sul 8s... Suo Paulo City Bs.. Sao Paulo 85 1936 S0 Pauio 1950.. Saxon P W s Seine Dept cf 7s. Serbs Crot Slo-8s Sweden 5%s ct. . Sweden 65 Swiss olys 1946, Swiss Confed 8s. Tokio 5S. ... Ud Kingm 5% "29.. Ud Kingm 5%s '37. Ud Steam Copen 6s. Uruguay 8s. 1097 109% Zurich 8s. 108 108 MISCELLANEOUS. Am Agr Chem 58 103 103 Am AgriChem 7%8 106 104% AmChainés....... il 994y Am Repub deb 63 7 Am Smit & R 1stos 34 AmSmit& R 6s 2 Am Bugref6s..... 8 AmT&Tcltrés.. 21 AmT &Tecltrbs.. 14 AmT&Ts6s....133 AmT& Tdebi%s. 13 Am Water Wks9s. 8 Am Writing Pap 6s. 12 Anaconda 1st 6s. Anaconda cv db 7s. 31 Andes Cop s rcts. . 23 Armour & Co 4lgs T Armour Del 5% Associated Oil 6s Auantic Refin 58 Barnsdall 6s ctis Bell Tel Pads B Beil Tel Pa 53 C Beth Steel pm 58... 11 Beth Steel rf 58.... 14 Beth Steel 5148’63, 78 Bethlehem Steel 63 82 Brier H St 15t 6%3. 26 Bkiyn k2d gen b/ 12 100t 1005 101% 102 Yo% 100% 92 Y8% 102 .97 21 12 Bush T Blag 5860, Callf Pete 6%48. . Cen Leth 6s 45 cfs. 10 Chile Copper 6S. 28 CinG E5%s'62 Col Gas & £1 bs. Col Gas & El bs sta. Commonwth P 6s. . Con Coal Md 1st 6s. Con Gas NY 6%s. .. 2! Consumers Pow 5. Cuba Cane cv 7s. Cuba Canecvd 8 Cuban Am Sug Dery (DG) 78 Det Edison ref Dodge Wi 6s. . Donner Steel 78. Duquesne Light 63 Bst Cuba Sug 7%s. Empire G & F Th#s. Fisk Rubber 8s. Goodrich 6%s Goodyear 8s 1931 Goodyear bs 1941 Hershey 5%s Hoe & Co 6% Humble O & R 5%s Illinots Bell 1st 6s. Indiana Steel 5s. .. Int Mer Marine 6s. Int Paper 65 "47 tnter Paper 6s. inter T & I 6%8. KCP&LLbS A '52. Kan G & E1 68'62.. Keily-Spring 8s.... Lackawa S 68'50... Lacl G ref 6s'34... Laclede G 5%8'52. Liggett & Myrs 7s. Lorillard (P) 6s... Loulsv G & E 68 '62 Manatl Sug sf 7%s M1d-Con 6%8'40. .. Midvale Steel Montana Pow b: Mor's & Co 15t 4%8 New Eng Tel bs. N Y Edison 58 44.. | Nor States Pow bt Nor States Pow 6s. Otis Steel 7% Otis Steel 8s. . [aeilic Gas & El bs. Pac T & T 1st b PacT & T 6552 Pan-Amer Pete 6s. Pan-Amer Pete 7s., 14 | Sinclair Oll 73 [CM&SE cv 55 cfs 14 1 106% 106% 106k l Direct to The Star Office Sales. High. Low. Close. Phila Co 5% '38 PhilaCor ®5s A. Phila & Hd C & 168 Plerce Oll deb 8s. .. Public Service 6s. . Pub Sery Elec 63 P Serv Gas 5%s '69 PServ Gas 6364 Punta Alegre 5. Remingtn Arms 6s. 17 6 5 Rog Brown Lion 7. aks & Co s 78, Sinclair Ol 6s..... Sinclair Oil 6%s. .. Sin Crude O11 6s. .. Sin Pipe Line 6s. .. South Bell Tel bs. . So Por Rico Sug s Southwest Bell 5s., Sug kst Orient 7s. . Tenn liiec L'ow 63. Toledo Edn 1st 7s. . Union Bag & P 6s.. United Drug 6s. ... U S Rub 18t rf 5s. . U S Rubber 74s. .. USSteel s f5s.... Utah Pow & Lit 63. Vertientes Sug 7s.. Warner Sug 75 '39. Warner Sug 7s *41. West Elec 53...... Westn Union 6%s Westinghouse 7s. Willy: Ov 6% '33. Wilson & Co 1st 63. Winchester A 7%s. 4 Youngstn S& T 68. 44 Atchison adj 4s. Atchison gen 3. Atantic CL 7s.... Atl & Dan 15t 43 48, Atl & Dan 2d 45 48 18 & O Gold 4s. B&Ocv4ias. B&Oref 65. B&O 1stbs ct B&O68........ B&Orfimp 6s. B&OPLEWYV 4 B&O Sw DIv 55 cfs. Bklyn Manhat 6s. . Buff R & Pitt 4143, Canada South &s Canad North 6 41. Canad Pac deb 4s. . Car Clinch & O 5s. . Cent of Ga 65. Central Pucihc 43. Cent Pac 15t 68 '90. & Ches& O cv 4%, Ches & O cv bs Chi & Alton 3s 1t 3%s ctfs. ChiB&Qistrfss. 4 Chi& Elgnss.... 117 ChiGreat West 43. 10 CM&SUP 4525, C M & SUP 43 25 cfs C M & SLP gn 45 '8y CM&StPevilgs. . CM&SPev4 % sdzets (M&STE T 4155 of 14 S &StPcvs. .. 5 15 M & St P 6s N W gen hi& N W ref 68 ELTENWs Chi Rys 58. ChiR1&Prf4s ChiTH&SE 58 s Chi& W Ind cn 43 C& W1bks's CCC & St L 5s. CCC&StLrIf6sA Cleve Term bs. Cleve Term 5148 C&S1stas'2y Cuba R R bs. Cuba R R T#%s Cuba N R 65 66 Del Hud cv 5536.. Den & Rio G cn 43, D Rio G West §: Det United 44 s Erie 1st cons 4s. Erle gen 4s. . Erfeconv4sA.. Erie conv 4s B. irie conv 4s D. . rie conv ext 7s. .. £ric Genessee R 63. Fla BEC5s'74. Grand Trunk 7s. Great North &8 . Great North 534s. . Gr North gen 7s. .. Green B & W db B. Hocking Val 43s. . Hud & Man ref os. . Hud & Man aj 58 11l Central ref 48 111 Cen 4s 53 . M Cenrts 111 Central 5% 111-C-C St L&NO 53 Int Rap Tran 5s. .. 235 Int Rap Tr 5s stpd. 246 Int Rap Tran 6s. 7. int Rap Tran 7s. Int & G Nor 1st 63, int & G Nor aj 6s.. lowa Centrf4s.... Kan City Ft S 4s. Kansas City S I~ crEne oranrEanerCurm KBS | Kansas City S 5s Kan City Term 4s. Lake Shore 45 '28.. Lake Shore 4s'31.. Leliigh Val 58 2008. Louis & N uni 4s. . L&N 43 2003 Louts & N 63 B Louis & Nash 7s. .. Man Ry 1st 45 90... Man Ry 2d 4s 2013, Market St 7s 40. Mil El Ry & L 58 M St P& SSMen 4s. MStP & SSMenbs. 4 MK&T 1st4s.. 4 MK & T adj bs....823 MK&TprinbsA. 24 MK&T6sC...... 6 Mo Pacific gen 4s.. 41 Mo Pac 55 1965.... 30 Mo Pac6s49D.... 9 Mo Pac 6355 E 21 Mont Trm ref 6s 41. 1 Nassau E Ry 4s'67. 2 NO Tex & MGs B.. 33 NGI&Mb5hs N Y Cent 45 98. N Y Cent deb 4s. N Y Centribs N Y Cent deb NY Cent LS cl 3% Y Chi&StL 6%4s A 43 NY Chi&StL 5%8 B. 13 NYC&StLésA.. 17 New Hav deb 45’56 4 New Havd 4s'67... 6 New Haven c d 6s..146 NYOntWist4s.. 8 New York Ryaj6s. 2 N Y Rysadj 5sct.. 20 N Y Rys 68°65.....281 N Y State Ry 4%s.. 3 NY W &Bos4%s.. 42 Norfolk & Wcn4s. 8 Norfolk & Wcv 6s. 18 Northern Pac 3s... Northern Pac 4 s Northern Pac bs Northern Pacr{ Ore & Calif 1st 5s.. Ore Short L ref 4s. Ore-Wash 18t f 4 Pennsyl con 4%s. Pennsyl gen 43 Pennsyl gen bs Pennsyl 68 1 3 36 Pere Mra 1st 43 '56. Pere Marq 1st s, PCC&StLESA.. Reading gen 4s.... Reading gen 4%s.. Rio G W 1st 4s Rio G Westcl 4s. RIArk&L 4%s. St L IM&S St L IM&S R&G 4 StL&SFplisA.. StL&SF prinbs, StL&SF6%sD.. StL&SFadj StL &S F ino 6s. StL&SF pl StLS W lstds StLS Wcon és'32. 12 StP & KCShL 4%., 1 100% 104% 101% 1065 101 107% 1047% 104% 99% 104 100% 106% 101% 107% 104% 104% 109% 8T% 71 109% 110% 89%, 95 100% 90% 1024 108% 101% 984 104 109 106 105 931 108 1064 96 921 Ban 967 4 100% RAILROAD. 95% 103 106% 77 100% 100% 112% 106% 10244 100% 101% 102 [ewoer v BONDS o] 100% 104% 100% 106% 101 107% 104% 104% 110 88 71 109% 110% 89% 91 76 69 T0% 04 83% 108 5% 105% 108% 103% 9% 60 975% 103% 87% 95% 102% 1063 7 100% 100 103% 70 624% 99 68 6 6% 26k 8% Té% 9014 98% 116% 98 1044 | 111% 152% 162'% 1 2 634 63! 8 87% 87% 87% T 99% 994 110 100% 97% B4s% 100 95% 104% 100 109% 100% 97% 84% 100 95% 104% 997 109% 100% 97% 84y 100 95% 104% 927% 1124 111% 112% 108 38% 85% 102% 101% 95% 95% 89 8 % 96% 90% 9% 95 101% 4% 8nly 102% 844 2% 88 107% 38% 85% 102% 101% 95% 95% 89 % 1 6% 90% 79% 95 101 93% 88 102% 84y 2% 8 107% 38% 85% 102% 101% 95% 95% 89 1% 9% 98% 904 9% 95 101% 94y 88y 1024 84l 92% L] |WHEAT GOES HIGHER IN UPSWING TODAY Houses With Eastern Connections Are Chief Buyers in Market. By the Associated Press. CHICAGO, February 1.—Despite a wavering start, wheat prices took an early swing upward today. Active buying by houses with Eastern con- nections was chiefly responsible. Cur- rent reports indicated absence of any pressure of Argentine offerings in Europe and also pointed to a decided cessation of the farm movement of Canadian wheat to market. Opening prices, which ranged from halt cent decline to 4 advance, May (new) 1.76 to 1.7614 and July 1.53 to 1.53%, were followed by a rise all around with May touching 1.78 and July 1.64%5. Corn and oats were easy, influenced by large corn receipts of 569 cars here. After opening % off to % up, May 4% to 84%, corn scored slight general gafns and then receded to be- low Saturday's finish. Oats started l4al; lower to % ad- vance, May 44%. Later all months showed ‘some loss. In line with hog values the provision market held about steady. WHEAT— May (new). May (old) 1.083; 10Ky IRIFEN $15,000,000 OUTLAY IN STEEL PLANTS West Virginia to Be Largest Inde- pendent Concern of Kind in World. Sept. Associated Press RTON, W. Va., February 1 () —The Weirton Steel Co. will have the ®est {ndependent steel plant in the untry after eight new sheet steel mills have been completed, C. H. Hunt, chief engineer for the concern, said in announcing the award of the contract for construction of the mills. The new mills, a major item In a $16,000,000 expansion program, will al- most double the present output, Mr. Hunt sald, and the company’s build- |ings will extend for two miles al the Ohio River. e McClintie-Marshall Co., Pitts- . was given the contract for the new additions. ANOTHER NEW RECORD IN NEW SECURITIES W YORK, February 1 (#)—New securities in January aggre- 70,100, & new high record 4 month, exceeding the pre- vious record in January, 1925, by 73, )00, & compilation by the Journal e shows. Rallroad financ 020,000, a gain of $2 d_industrial financing $49 nerease of $51,420,000. ing w 178,000, $30,100, an vWashinaton Stock Exchange SALES. Southern Bldz 815—$500 at 102134 Lot Elre. Pow. pid—10 at 108 %50 ae ) 0 ash Gas Light—10 at 73%. 10 at 733, rans. & Storage pfd. wi—10 at AFTER CALL. Sereh Trane: 103 T at 103 Money—Call loans. & and 6 per cent. Bid and Asked Prices. BONDS. PUBLIC UTILITY, Bid American Tel. & Telra. 48 . American Tel ‘& Telga. 414 & Tel. etl. 7. 3 Anacostia & Potomac Bs. Anacostia & Pot. guar. 58. & P. Telephone o8 & P. Tele. of Va. bs. R. Pot. Potomae Ele Potomac Ele: El Pow. . Alex . Alex Balt. & nkton Gas B ton Gas be wy. & Flec. ds. MISCELLAN 1. C. Paner Co. 6is Pot. Joint Stock L'd Bk’ Southern Bldg. 61aa Wash. Mg, Coid Storage B Wardman Park Hotel STOCKS. PUBLIC UTILITY. Amer. Tel. & Telga Capital Traction. Washington Gas Norfolk & Wash. ond 0o National ‘Bank of Wash. TRUST COMPANY. American Security & Trust. Continental Trust. Merchants' Ban 230 . 465 SAVINGS BANK. Commerce & Savings.. East Washi Security American Corcoran © Firemen's *. National Tnio TITLE INSURANCE. Columbia Title. 8 Real Estate Titie. 170 e MISCELLANEOUS, . C. Paper pfd. . Federal Storage pfd! Merchants: Trane, & 3 Merchants' Tran. & Stor. ptd 1083 Merpeanater Lihotype: 218 Mize. & Inv Olif Duteh Marker pid o Lanston onotype Socurity Storagn. . Wahin % StPUnDepbs.... 6 102% Seaboard AL 4ssta 3 8% 854 95% 97% 91 823 1047 1073 114 624 59 98% 88% 100 107% 108 101 984 102% 100% €9 96% 85 684 2% Sou Pac 4829 Sou Pacific ref 4 Southern Ry gen 4s 22 Southern Ry 1st bs. 13 Southern Ry 6s ct. Southern Ry 63%s. . Third Ave ref 4s Third Ave adj 6s. Union Pac 1st 48 Union Pac 1st rf 4s. Union Pac 48 °27... Un Pac 18t rf 6s.... Union Paccv 6s Virginia Ry 1st 5 3 7 6 1 ST 12 26 ‘Wabash 1st 11 Wabash 5%s°'75... 16 ‘West Maryland 4s.. 16 Western Pacific 6. 10 ‘West Shore 1st 4s.. Wilkes-&F 1st b GAS COMPANY NETS §a38.273 IN 1925 Corporate Income Amounts to 6.96 Pct. on Utilities Com- mission’s Valuation. BY CHAS. P. SHAEFFER. The net corporate income of the Washington Gas Light Co. during 1925 amounted to $558,278.20, stock holders were told at the annual meet ing held at the company’s offices to- day at noon. This net represents u decrease of ,624.04 as compared Wwith 1924, largely due to the increased cost of gas oil. The gross corporate income of the company amounted to $1,105,072. which Tepresents a return of 6.95 per cent on the Publ Utilitie: s sion’s valuation of iraat ol 060,000, whic! the fuel con cor seeking a figure of abour $2 which is the fair properties, it claim: would lower the per cent. established Power Co. cognizance unoffic aluation which urn to ased upon in the r return of wed b that the company < chance of fnereasy the coming vear. The amount of cubic of which during the year There were 3 during the th s 1 is use during { ase of 4,6 Dividend distri A total of the surplu: corpor: At the last stockholders n 960 were wome represent stoc pacities. neluding the holders 1e-elected rectors; for the Preston, Joseph Le: ing, James M Weaver, C. Glover, ir. on February 12 Trading on Local Board. Trading was res d on the W ington Stock Exchange this me with utilities dorr Capital Tracti 105%, and of 107 share unchanged at 731 current was notice: Potomac Electric selling at 108, with Me: fer and Stor e f 1031 and I The bond i Southern B $1,000 sale rm at and oniy anks. of the ~Harper Lauds Florida Robert N. Harper, president k. retur flict would b contrasted w with a this_time. funds of the the New Yo Mr. Harper s dJoins Redmond Company. Edwin M. Stark “asked" prices for unlisted secur are quoted fc of hold- ers of these Chapn Conny Northeast Savings Bank Park Savings Pctomac_S Washington Tit Washington Ba: Woodridge & Las GRAIN AND PROVISIO: BALTIMORE, February —White potatoes, 100 lbs., bushel, 6.00a7.00; qt., 10a25; beets, bushel, cabbage, ton, 40.00250.00; sweet bbl., yams, bbl, 25.00; cauli- 1.50a4.00; cucumbe kale, bushel, 40a50; lettuce, basket, 1.50a2.50; onions, 100 Ibs., 2.50a3.00: erplant, 100, 6.00a8.00; eggplant, tomatoe: crate, Apples, hbl., 2.50a6.50; 2.00; grapefruit, box, anges, box, 8.50a4.25; tangerines, box, 2.00a3.00; strawberries, qt., 50a65. Selling Prices at Noon. Wheat—No. 2 red Winter. spot, do- mestic, 1.91%; No. 2 red Winter, gar- lcky, 1.88%. Sales—None. Corn—Cob, new, spot, 3.70a3.75 per barrel, as to delivery; domestlc yel- low, No. 2 new, 87 per bushel: ex- ports, No. 2, spot, 83%; No. 3, T9%. Sales—None. Oats—No. 2, 51; No. 3. new, 50 Rye—Nearby, new, 90a85; No. rye, spot, no quotations. Hay — Receipts, 28 tons. The de mand for hay is confined to the bet ter qualities of timothy, light clover mixed and No. 1 clover, of which grades there is no oversupply on the market. Low-grade hay is in ample supply, and slow sale generally at trregular values. Quotations, per ton, today: No. 2 timoth No. 3 timothy. 22.00a2 No. 1 light clover mixed 23.50a24.00; No. 2 light clover mixed. 21.00222.00; No. 1 wheat, 13.00a14.00: No. 1 oat, 14.00a14.50. RADIO CORPORATION EARNINGS DECLINE NEW YORK, February 1 (#).—Net earnings of the Radio Corporation of America for 1925 declined to $5,737,200, compared with $9,503,442 in 19824, an official report revealed today. Surplus amounted to $2,852,993 after provision for Federal taxes, patent amor¥ization and other charges. This was equal to $1.27 a share on the no par common stock after preferred dividends, in contrast to $3,356,651, or §2.90 a4 share, the year before. Gross income was 50,400,144, agadnst §04,845,191 In 10od, bushel, 75a 3.50a4.00; or