Evening Star Newspaper, February 16, 1926, Page 26

FINANCIAL.™ THE EVENING STAR. WASHINGTON, D. €, TUESDAY. FEBRUARY 16, 1926. FINANCIAL. REACTIONINSTOCK ' [~ew, YorK sTock EXcHANGE ] |PRICES HOLD FIRM | (o o BONDS sroceexcmms] | SMALL DECLINES | CHAPIN-SACKS NETS Received by Private Wire Direit to The Star Office Received by Private Wire Direct to The Star Office s 81% Gen Cij f (7). 114 14 114 114 Sh: Stl H 8. .. 107 107% 107% PRlEES IS HALTED IR s T 1% | Gen Beotrio (8). 8171 $78% 310w $13% (Sales aro in $1.000) .30, |Sinclair Ol1 6a. ... 255 110% 109% 110% y Advance Rumley Sales. High. Low. 3 | Ad Rumley pf(3) 614 6 61ia | Genkl spea6lo). 11 11 1l 1ln Lib3%s... 216 10028 100 25 Sinclair O1l 6%, 90 89% 89% Afax Rubber.... 13% 4 |Gen Motors 23 124% 1227 Ree i 43451062 100 25 100 24 n Crude Oll 6s. % 100% . e Good Support Noted in Many. aiiiea chem 45: 132 182% | Gen Outar Adv.. 32 sow 1% 32 | Selling in Speculative Stocks| cCivsadita hs 101> 10030 Sin Fipe Line 6s. . 90w sove oo | Closing of Flour Mills in Eng- | Increase of $101,571, After | Allis Chalm (8). 897 90 |GenOutdrA (4). Bd% b5d% bds b4% 3.tb 4th 4362 212 10215 10218 Skelly O11 6 .16 125% 124% 125% . Rail and Industrial Shares ,3m Asrieulchm 200 3ou A e TR e Fails to Reach Into In- | PSaxiots 11044 1044 Southwent Bell s 13 102% 1024 102%| |and and Ireland Has Bear- | Depreciation and Taxes. During Day. i Am Bank N 1.60 40 |Glidden (3)..... 234 23% 23% 23% Tenn Klec Pow 8s. 104% 103% 104% Am Beet Sug (4 3% 83% 83% |Gold Dust...... 050% 52 51 vestment List. i FOREIGN. i oo Toledo Edn 1st 7s 109 109 109 ing on Values. Over Previou 5 | Am Boseh. i o 2s-u!coodmh Ru(4). 64 647 64 Argen 6s Ju ' o . oy Coaw | Union Bag & Pes 105 105 105 9 s 12 Months EEmEe | Am Brake Sh (8) 2. 4 |Goodrich pf (7). 98% 99% 99% mm———— Argen 68 Oct *69. .. 98y, 98 | United Drug 6s. 5106510545 105% S : Am Br Bo % 3 424 | Goodyear pt (7). 107% 107% 107% e e b U S Rub 18t rf 6s. 94'a 937 93% | By the Assoc R BY STUART P. W A br e o 4 96% |Goodyr brof(8). 106 106 106 ¢ BY GEORGE T. HUGHES, Argentine 6s A. 2 98% 98% 111 'S Rubber 7745 107% 107% 107% ’(j"ek,xf:gl';:::‘;) e BY CHAS. P. SHAEFFER. & Ary 1 2 3 S = Special Dispatch to The Stas Am Can (18).... 311 3 $12% |Gotham S H 234 . 40% 401 40t | Special Dispateh to The Star A acuea/B. 1014 s Smelstie. 1061 108 | ciincs i the price of ‘wheat at Liver.| Net Proft of the Chapir " : = 2 NEW YORK, February 16, Afier | Am Can w.y 52% |Gould Cou (2)... 20% 20% 204%| NEW YORK, February 16.—Trading | Australian Va.0a Chemde, 107 | Pool today led to some early weakness | poration and subsidiaries, Monday's viole decline the siock | Am Can pt (7) 4 12 124 | Granbv Consol.. 20% 2 2 21 % % Austria 7s. 3 in wheat values here. The Liverpool | fati i et toduy sthrted i with an un: | Am Cargldy (6) 10% 1071 106% 1075 (Grt North pf (8) 73% 73y | In bonds went on today, undisturbed | BANFIETS. Vertlentes Sug 7s.. 974% | break was accompanied by news mu‘f;ef:sf.." = isaes easy foeling. urther selling occurred | Am Chain A (2). 2 248 2 24% | Gt Nor Ore(1%). 26i 261 by the liquidation in speculative | pan Of Thiie - Warner Sug 7s '39. BB [ s e it 32145, an increase of $10 in the leaders of list. especially | Am Chicle. . “ ey Grt Wstn Su (3). 100% stocks. The demand was persistent | Belgium 6 e p o | Warner Sug 7s°41. 987, 9874 dnnr‘i and also that some large mlllu“ 571.25 over the earnings of § T United st and Haldwin | Am Chicla ctfs 2’ 42 42 42 | Guantanamo.... 8% BN % for investment securities with an at | Belgium 61 5 West Elec 5s...... 26 100% | in England had been closed for a|reported for the previous 1oimor Tocomotive, Subsequently short cov-| Am Drug. . 5 ' Son UL ENoE. S8 314 #| tractive yield—that 13 to say, any- |Belglum 7s, 6 o714 Westn Union 6%s. . 2 112 | week. On the price declines here, how- | period, stockholders were told at ering and a little fresh buying | Am & For Pow 7 T ST Guif StatesS (5) 834 thing above 513 per cent. Belgtum 7%s. 110% Westinghouse 7s 2 106% | ever, standing orders to buy brought | annual meeting held this moinin sufficient to bring about a rally. AM&F P pf (7). 9 {oi | Hartmgn 235, 83 33 There was no shading of prices in 108 Willys:Ovielen 3 103 3 103 | about something of a rally and the! Richmond, Va. erations for the rise were not at-|AmHide& Lea.. &5 go | Hayes W (4315). 431 the high-grade savings bank rallway 4 107% \\\;nonACo Ist 63, 4| traders gave particular attention to ex- | Net sales during the periol o tempted. however. Dullish sentiment { Am Hide & Lipf. 62 g 3o |Homestake (16). 55'% 56 mortguges. but transactions were on | Bo!via 2 994 ilsan&Cocvibs.. 3 ¥ treme smallness of contract stocks in | ed to $6.750,423.43, & gain of § had been thoroughly subdued. Per-|Am Ice (+10).... 13 10y | Housenacctsn). 45 5 1o saliltcals: | Bordeaux 6 6le 86 5% | Youngetn S& T 6s. 20 102 5 Chicago. The opening % to 13 lower, | |7 over the previous vear. sons who are interested in e ¢ 463, | Houston O1. 66 | Nor was there any important change gu:u'r 3 3% 93 3 RAILROAD. May (new) 1.667; to 1.67% and July The industry has total assets were thinking more about how < Howe Sound (2). 81% in United States Government bonds, ( Brazil 8 103% Atchison gen #s.... 24 91 % | 1:49% to 1.49%, was followed by 7.281,229.18, stockholders were could get out with as litie joss AmEa Fran (1). & Fludson Mn (2%4) 37% 884 but issues such as the Bethlehem Steel | Canada 6s 1926. 100's AtlanticC L 1st 4s. 6 931, 9315 98y | “liEht further sag and then by a mod- | consisting of current assets o possible, rather than about mak . Hud Man pf (5). 74 s, United Fuel Gas 65, Missourl Pa-|Canada Gs 1931, 4 1017% AUl & Dan 24 4 69y, | Srate upturn from the early boltom | &74.86; “other assers of any fresh commitments on the buy- ::: L«;:\e’edf o Hudson Mot (3). 112% 113% y e A Sieida balind bt Mouvls|censaxiceisce. 3 108% A "ntl. figures. nd deferred charges of $195, e sd pf( 2! Hupp Mot (1)... 25% . 4 incisco prior lien “A’ 4s were | Canada 5%s 1929, 1024 B&Ocv4%s Corn and oats were easier, 6Ympa- |~ Lizbilities, according 1o ubl Baldwin’s Report Very Poor .\ Motals 34 5 5714 | I1linofs Cen (7). 116% 5t | wanted. Chtie 7s 19 102 B&Oret b8 thizing with wheat. although relative | i tement for publication, listed cur ol AGh Tndep OI1 (1). 28 2 v 3 In the speculative ¢ the feature | Chile 881941 109 B&O 1st6s ot 9 103 o5t cheapness of corn was emphasized bY |yent obligation 100.166.74: “other’ The Galdwin report was extremely | fin Metal pf (7). 119 SR s B was again the New York City truc-|ChineseGov Iy 6s. & i Efois e 108 a leading specalist in corn. After | [t o0 /Eations at $100.106.74: g cap) oncerned. 1t showed that on the|Am Safety R (3) Indtan R 4 tons, and today it was the Interbor- | Christiania 8s... 110 B&oOr 3t opening 35 10 b4 lower. May 10% to| baPllities t $2.007.749.58 with g . ' A Ship & Co 3 e 7| Indinn Rermotta. 11t 114 4 | ough obligations that were in demand. [ Con Pow Japan 1 3 921, 92 ,,&g;,‘gg,v', o the corn market recovered some- | DIIS{OfNShiztd 310 50 £20.000.000 of comnon stock nothing | SHENE SO, oo . 136 Ingersoll R (3).. § 8 95 95 |Third Avenue adjustments crossed 60 [ Conenhagen 63gs. 99 98% 98% | Lae s Dy oe ote. : what. Bank Stock at New High. had been earned, and that on the $80.- ) 4 7 S8 @ 8 7 Tuland St (2%).. 3 381, a8y | again, and there was spectal buying 3 102% 1024 BRlonBantates Oats started 1 to % off, May 41%.| Traging on the . 990 0F srreed stock less ehan| oS e 0 o Tnspiration (2).. t in Nassau Electric 4s, which dupli- | Caechoslo 7% rets 98% and later held" near to the initial | Eycnangs eontipues $1 a share had been earned ‘Am St Fdys (3). 5 «| interurb Rap Tr. 6 cated their high of the year. Sinclair |Czecho 8s 1961..... 107102 S tos ) range. [ it contnoed Maintaining the regualar dividend ; {8 pO¥% ) 31, | Intcontal Rubber Ol 6= were higher, in sympi with | Czecho 85 1952 ct. 102% an 3 530.... Lower quotations on hogs weakened | o 407 estatiiched hy meant @ reduction in profic and Am S 5)... internat Aprt... 2 315 231 | the stock, and there was further in | Danfsh Munic 8s A. 1 “ana o i 4 1174 | the provision market. P e e sur from 76,000 at the oD S s 1% Int Az pf pf (7). vestment buying of the s, zars | Danish Munic 8s B. 110 B rth 78. ... % Interesting Comparisons. | negligible in that it affece GERLIZE ] 30,103, the { Am Tel&Tel (9) s Int Bus Mac (8). showed more advances than declines. | Denmark 6s. 2 ¥ o i e e e o 5. | e | Am Tobaceo (8) . Int Cement (4). . 4 | The leaders in the speculative vails |DE1614s Mch '53. “entral Paclfic 4s. Sragseo. onpag. | Ao at 280 o the oo ying < aon broke 4 points on the "® | Am Tobac B (8) » Tnt Com Eng (2) 3 | were Denver and Rio Grande Western | DIET 638 Nov *53. 6 10 2 214 | Cent Pac 1st 68 '90. 62 Y2y e TH SlChe B0 on the dnenie = ment, subsequently wallying undet oo o000 4 { Internat Har (5) 2 3%, up at one time over a point. and | Dutch East I 68 °47. & Ches&Ocvits 95 o May ol e H‘;:’: Z s e what was quite likely the covering of [ n ' Wo'g120 6 6 Inter Har pf (7). p 21% | Chicago and Alton 8%2s. up & point | Dutch East 16862, ot 0020 3014 f 3 o : 133 ay preferred stock ruled ur CHI | Am Woolen. : IntMatch pf 3.20. 6 |and a half. Sulvador 8s°48.. CafE tenaiser 122 ; o f DAt e oo Ward Baking Strong. | Am Wool of (7). : Int Mer Marin : Fractional losses appeared in the | Finland s £ 6s'45. ShiB&Qgmis'st. 1 : ‘ ; o s - : % tiaders PAm Zinic: o \x Int Mer Mar pf.. foreign group, but with no evidence | Finland 7s. Rl Ol i ] 3 2 o i 8 K=t S i el i In other industrial Bcrs o e " < % 42 |Int Nickel (2)... 4 “ of any downward trend. French 8s|Framerican7% 2 CHs o ,‘5’- - 2x & o y an odd lot of Capital Traction selling on the short side were taking D | Int Paper. 5 Were “heavy, below 103, but other)French 7s 7 (;m&g-x div4s.. 1 9 T R . e e e i some quarters while fresh selling | Anaconds ()0 - o2 2 42 | Intl Paper pf (1) Heench. Donds wers mot . greatly | French T 9 o |Ch& ETenss. .. 53 T 70 Tl S R i e = V;H ArmourDel pt(7) Int Shoe (6). ... i changed. French 8s. 2 : End PRV M 0 h i * """ | trend being lower. e 1rd | Armour.JIL A (2) 25 Int Te! & Tel (6) 25 New fssues included $500,000 il |German EIP 63%s. o o N 5 61 Capital Traction bonds at par r Theclose of last week. General Einc: | Armourlil (B). . 164 16 Jewel Tea. ..... 2 32 g2 |way and Light Security collateral 4 ; o German Ta. e P e g ! L L resented the only bond activity e e Sret Tron Dipe and | Armour Til um) 2 e e 22 ¢ 174 | trust 5s, due 1943. to yleld ahout 53 | Ger At BankTs. .. i s sinae 517 ¢ il At T eoante: Tnited St Rubber were disposed | Arnold Con (n).. 2 : 4 27% | Jordon Mot (3). 4 per cent, and $1.800.000 Greif Brothers S . CM&StPridys. 2 The great North American 2 States Artloom (3). Cooperage Corporation 10-year 6 per | Halt és. : A s |CM&StPraigsctle 4 system has been rendercd even to rally. Tobacco Products. on the i : 20 02 Kan City South. : Hungary § h ary, was subjected o noticeable | 7 MSY (0 L0 5 Kan C So pf (4). centnplesatoon S CM&StPevbs. 1580 ... |greater by extensions in Michigan nother| A230 I ). X Kansas & Gulf. . 5 TR w2 T Chi& N W ref 6s Ju e 16.00 - land Wisconsin through the purchase of organtzed | A o 2 Rayser J (3). : RATES ON BAR SILVER. Japances 6% | Chi& N W 6348 2 112% 112% 112 7 sing Quotations. of large majorities of common Stocks (i 5 Kelly-Spring. g Japanese 6 © Chi& N W is of the Iron Mountain Light & ing i i o e gy Kelly-Spring 1st NEW YORK February 16 (#).—Bar | fergens UM 63°47. 12 ChiRya &s Power Co.. of Iron Mountain, Mich iE InjEucural i sues jALIBIEmE A Kelly-Shring pf. silver, 667; Mexican dollars, 51% Lyons 6s. - T 88 6 6% | Chi R1& i il Nlsara Tient and PomeriCa rket seemed to be weak at{AtlCoastL (19). S Marsellle 65. 9 5 o e . but it quickly regained the | At! Guif&W 1. RelesyWnI®): 0l 4 5 e e e B e T E r of | Atlantic Refing. Keystone T & R. b : Rwy St1Sp (»).. &5 Mexico 55 assented. 6 9's | Chi & W Ind cn 45. The Iron Mountain company fu 1t in above tk C s Ronr () ; . Kresge S S(1.20) 6% RSTICefs (4). 73 | Montevileo 7s. 997 C& W15ls'62. nishes all the electric service for the Monday. A speci: [Atssmack-cose Ray Cons Cop... 12% 5 | Netherlunds 65 '54. 3 :{cCCa St Lbs. .. . City of Iron Mountatn, in the heart operation in_ Philips Petroleum, inter- | Austin-Nichols. . Vs 254/ Lee Tire & Rub.. 134 12 Reanor . ae% e e N iads e e 8 i ia:oa jCiaet ot Motinte 1 B il el s yupted by the general decline of the | Auto Knitter. . Lehigh Val (3%) 3 Readlngrta 21% 2114 | Nord 8 18, 5 oS T ol Rodligirveion and] 20 Drevio . was resumed. Nearly| gyjqwin L (7).. 7 111 Celis Bluicotres’ : Reading 2d ( 41% 41 | Norway 5148 6 Cuba R R 58 eealcdit el bt oriex ) he motor stocks were higher, | g1 0" T 5125 Lifesavers...... ReldTosCmi(8). 52 B 52% | Norway 621548 Cuba R R75%s. . S AT O General Motors, Hudson, White and| gajt0 & Ohio(5). Liggett & M (14) Remington Type 108% 5 109 | Norway 6s 1944 %|Cuba N R 68 66. Ford Motes Co. The Nimcara com Moon Barnsdall A (2). Lig& My B (14). € 0% Replogle Steel.. 13 | Norway 681952, .. s o S e Slicara it Tn the public utility section the|parnsfoiig ( 6% 26 Lig & Mpf (D). sl U P ST DAL Del& Hud 1strfds. 5 91% pany serves the village of Niagara, | Q""‘"“" of Consolidated Gas }.f '_\v\\ { Bayuk Clgar. . E B :Aml.lf::((;)) . ' RepT&Spf.7). 94l -Med 5. g::‘gug’fivcs:’;a:s., “9’.‘. 2 NEW YORK CITY AWARDS :-25\ F.n((';:rl?fr'(;‘r;:::!l“lns of the Kin ork was once more a feature. | peech-Nut (13). 6 6 Loew: - | Reynolds Sprngs 8% & - > Med s y DRI S on e, 0 o & oS annonnosd ong the sugar stocks Porto | pen 7 3 7 il 9 b I 5 0G West 5s... 125 0 purchase price was announced ot e e had |BolCioEBres(h). Yo Heli A (8 9 Robt Rels 18t pE. 50 § barieorieanss. - 11 1090 103 1081 | Erle lstcons4s. .. 9 SE— 'SSUEx D e R e gone dowr 2y to 125, as against | path Stl pf (7). 3 Loose-Wiles Hosilh Toa(6).. . 96 4 = = E 6 < g8y | Erie gends. .. o NEW YORK. February 16 (®).— | quired properties approximates §500. its late h '%,. It rebounded | path St1 pt (8) % | Lorfllard (3). ‘ ! % 39 |Rpoval Du(al33). 63 c A 4 Erleconv4sA . . M1 % 74| The sale of $75.000.000 corporate stock | 000. They will be operated as pa today well into the 130s I Botany A (4) " Loutstana Ofl. 5 1 L i Porto Alegre 83 9ys4 | Erte conv 45 B. 41 and bonds of the City of New York— | of the large holdin: T Brokers' Views Differ. | Briggs Mfg (3).. 33 3 9 | T.ouls GasA (1.75 3 251 afety e (4) v Erfeconv4sD...7. 26 the largest flotation of long-term’ se-! American Co. in Wisconsin and t e : ‘lruxue1‘as >, . =3 : 3 % 5 # 5 2 | Louls & Nsh (8). 2 |St Joseph L(13). 46l % 5 5 Erie Genessee R 6s. curities in its history—today netted | upper peninsula of Michigan Srokers’ advie 1t out before the | BKI Edison (8. . 5 StL&SanFr(7). 95% 3% & 1 | Queensiand 6s “la E C 68 " city a premit 784,17 | Ludlum (2)..... 1% 2 | FlaEC68"TH...... the city a premium of $794,175. The e @fising Tadss: nning of business today in many |BKIyn-Mn 1T » = StL Southwest. 68% (8l 6% | Rlo de Jun 8s 19 L Gr Trunk s: 56 i En ] ing operations on the selling side. | Brunswick-ha % 5 | Mclntyre P (1).. 8 Schulte (18) . 131 14 | 110 Gr Do Sul . 4| Great North 55 headed by the National City Co. on| Webber & Co. are offering $1.800,000 Some houses held the opinion that | Brunswick et Mack Trucks (6) 4 Seaboard Afr L.. 44% Suo Paulo City 8 2 < 5 its high bid of 101.0589. ‘ the Grief Bros. Cooperage Corpora nost of the recent selling was for the | Buf “°§" S Mack T 1st (7). Seagrave (1.20). 13 Sao Paulo 8s 1936 GENcebsaitie: . 3 sl tion 6 per cent gold notes, due Feb. short account and that the proportion | Burns L . Macy HR& Co.. s . | Sears Roebk(8) . 2 Suo Paulo 1960. ¢ Green B& W dbB. 2 | ruary 1, 1936, at 100 and interest to 3” real lvql\ndn\u'\ s small, - One gx;n:d‘},“u. o fl:f‘mfll’é:)- S 4 ::l::\;’ck(l?“ c‘;ot)z) ::f:g'\;er:z;; - 18 Hud & Man ref 5 h X 94 | vield 6 per cent. Each note carries rouse with ood sized following i 4 3 2 e = ell Un 4 5 et 3 4 i - < a ab] se w nt 15 @ gauge, what may be expected for | BUsh Ter 68 (7 - N mde . & Stmmons(12.25) . 4 1 SR . 24, | I11-C-C St LENO 55 S ey S "Q:‘hg’g;‘”fl; 3 | the company 20 shares of class A £ scch aba teeuies o uniannaionn Buu:&s:pu(n b 4 4 Man Shirt (1) [[SIEmeRERED), b : 5 7 40: old }}ém 5432; Leghorn | common stock for each §1,000 note at movements with averages gradually B“mr‘ck A " N Stmms Pet (1). s ekeasitt.. 8 3 3 r 2% 35a42; ducks, | $45 per share until February 1, 1928 working toward a iower leve u e e s | Stnclatr Of1 28% 31 23 23y |SwissBles 1008 ; : : "young turkeys, | thereafter at $30 per share until Feb Buying of Phillips Petroleum at the Market St prior. 4 e 4 Sl 61 674 | Int Rap Tran Ts. .. g N ;i boor and crooked | ruary 1, 1930, and thereafter unti! same time that Gibson Ol on the Curb | B \y::x:néo«‘;ru)i 2 éy:;:g::lfl((:;). . 502 ll;: Kom;.-‘; S b RGN itee. 2 1 2 ot iy o0 [naivad, 80 0 el i{arunvParr‘y(!) % | South Port S (6) 33 153 | Ud x_\'mzmé'ahs’fis 6 6 :\_":n&cfi;\;rlflsi.fl; x 78te wis, €ach, 3 : ‘l":mhiersr 'n."'lv fehoay tin !I‘.e‘r‘r'\ in announcement by the former company ahan Zinc. : | amale T 92% | South Pac (6). i % 101 U Steam Copen ds. i y— e o) bl T e That it had closed a contract with the |Calumet & Ar 4. ¢ 59% 591 Mas Dept St (5). Southern Ry (7). 115 | Uruguay 8s. : Kansas City S 53 4| 303 “35a48; ducks, 30235} | Mhase of A commi R 4,500-acre holdings in the Panhandle | Calumt&Iiclle). 157 . e Heaal: o South Ry pf (5). v 901, | Zurich &s. Kan City Term 4 8 . t o 7 CHESaNoE C s ] G district, Texas, on a profit-sharing ba- | Can Pactfic (10). MIr1Cop (LY. - Spaulding pe(7). 102% 102 102% MISCELLANEOUS. Lake Shore 4s '28. Eege_Receipts, 385 cases; native| Freight Record Made. sis. CaselBhnesiing - 18% | Mid-Continent.. 83% B84% 831 Sploeriee. . o2n 2 8% 2839 | Asax Rubber 8s. 3 104% 1044 Lake Shore 4s ‘31.. and nearby fresh, dozen, offered at ight traffic handled b; !h!' class The collapse in Devoe & Raynolds|Cent Leather. .. 5% | Mid-Cont pt (7). % 4 s g“f‘,&,‘:"(‘,;' . o Am Agri Chem 7%4s 14 105 104 Lehigh Valcn 4s 3115a32; candled, 34, | I railroads in December, 1925, was stocks was orted today to have | Cent IMlQl;""})' Middle States. . . P % 5: a MU (5. 8 b Am Chain 6s. .. 100% 100% Lehigh Val 65 2003. 3 102 Butter—Good to fancy creamery, ‘rhc Ereatest for any December on rec been due largely to forced liquidation CenwrnyeP TR A1 States O11 of SCON Callf (). 53, | Am Repub deb 6. 994 L &N 4% 2003. 2a46; prints, 45a48: kale, | according to the Bureau of Rall by two large traders. These operat- Cerlmx eod (4> < Midland pf ($9). StONNT (1) 4 443, |AmSmIt& R1std 100t Louls& N5sB.... store packed, 32: dairy prints, Economics. It amounted to ors, according to gossip, had r.uugm}‘:"“d:"”h 7 ‘ A Minn & St Louls. 3 3% 3|3t Ol NT pf (7). 117 % 118 |AmSmit& R6s.... 107% 7% ) Louts & Nash § 3 process butter, 40adl; rolls.| 37.868,854,000 net ton miles, an fn extensively in the open market, and | Chandier t9)- - 74| Min St P & SSM. i 9 9 | Std Plate Glass. 9y | Am Sug ref 6s. .. 104% 10 3 | Louls & Nash 7 - crease of 2.863,135,000 net ton miles when margins began to be called, they [ L 30 | Mis Kan & Tex. . e (). |AmT&Toltrds.. 13 WTN Man Ry 1st 4390 ; i or 8.2 per cent over December, 1824 were forced to sell where there was| L= 2 Rt £ % a s ae AmT & Teltr 2 A 5 and an increase of 4,442,207,000 net ton nobody willing to buy. It seemed m;unesufi?m: . I e g & $is [Stomart war (8). &2 2 Rl 3 99% B ?fi”{:‘;‘as; e : FINANCIAL NOTES e Plepedigib sl bty be agreed that the G y [ & Alonee : | Viissour! Pac pf. 8 A : AmT & T deb5}4s. 17 1044 MBEEE i 6| NEW T February 16 (®).—The | 1922. It also was an increase of 9.9 little by the break e UL 101= | Mont Power (4). % . Sunofl (1> e E 2.0 Am Water Wks 55. 16 974 96 MStP& 5 Metals Corporation has been | per cent over December, 1920 K |t Szeaciiess - 4+ 25% | Montgom Ward. 7 6% | S S 1 Anaconda 18t 6s. .. 126 1044 103 MStP&S: ol 98Y% organized in New York to transact| In the Eastern district freight tra Support Appears in Many Tssues in | Chi Gr West p! : L 3t , Symington. 4 4 MStP&S i A % ala z e { Chi a1 & St P. 13 | Yoon Mot (3).... Symington A(2). 19t da cv db | | M SLP & SSM 5153, 9 business in America for a Belgian fic showed an increase of 8.3 per ¢ T A {CM&stPet 2% 12 2 12% | VotherLode(75¢ . Andes Cop s rets MStP & SSM 6%48. & 3 zroup including Katanga So-| over the same month in 1924, whils | fheaa EES 233 5833y 3 A EL PRV & [T Exchange was establishing new hi prices for the year accompanied the . Tore Copper (1) : g r & Codl4sr L 4 s S f5eh MARKET CLOSES FIRM, 11 & StP pl. 19% | Mo Pleture(1%). 1 Henn Armiou MK&T 1st4s. i | ciete des Minerals and Societe Metal- | in the Southern district there was Fi nll Hour. e Chi & Nwn (4 § ~ILis| Motor Met (5.60) oI S U Bl Y0% | MEK&T4sB... . 83 lurgique de Hoboken, Belgium. | increase of 11 per cent. The Wester: ; Chi & Nw pt (D). 120% | Motor Whi (). et & Tactflo.. Atiintic efin Ga. MK & T adj 68. Universal Pictures Co., Inc., reports | district showed an increase of 6.6 pe W YORK, February 18 (®).— |ChiPneuT (5).. 107 | Murray Body.... e e e Atiantic R MK&TprinbsA. . a substantial increase in its foreign | cent The closing was firm. Heavy selling {Chi R1& Pac... % 49 | eh ot (117 2 The Fair (2.40). . . Barnsdall 6s ctfs. .. ! 5., | Mo Pacific gen 4s.. siness al year ended No- For the vear 1925 the volume of of Baldwin, which dropped to the |CRI&P pf (6). BB N UASS (5ta). 1 Third Avenue... 35 Al O o 3 3fo Pac bs 1965 3 3 vember 7. attaining a new high | freight traflic amounted to 546,264 lowest level of the year at 111%, |Childs (32.40)... oo y N Bell Tel Pa 58 C. Mo Pac 6s 49 D 3 jrecord. Officials of the company con-| 000 net ton miles. This was the g Nat Biscuit (4) Tide Water (1) i etk Steel pm b ] ; 3 n : caused hasty realizing toward the |Chile Cop (2%). 364 | % & an 915 Steel p: Mo Pac 6555 E " sider the results a reflection of con-| est freight traffic ever handled m thn close. General Electric, United Fruit | Chrysler Corpn. . 4814 | Nat Cash Reg A. Tide W O1l pf (5) Beth Steel rf 5 " . . . . 3 - ? tinued improvement in economic con-| railroads in any one year with the and U. S. Cast Iron Pipe, vielded five Chrysler pf A(8) 05+ Joss | NatCloak (9) o T = 2 Sové|eth Steel G34s 163 10 e 4 | dition abroad. exception of 1923, which exceeded the to 6 points from their o highs | Cluett Peab (5). 67 Nat Dpt Stores. . Tob Prod A (7). b 106% Bethlghem 5“2* : Dl D 0T' e 1? Ly Orders for railroad equipment cost- | total for 1925 by 1.341,693,000 net to: and Loose-Wiles Biscuit fell back 10. | Coca-Cola (7). 14T | o DSt 18t (T) = Transcont Oll | s ae lflb > N T 5 g 102 ' {iN8 $1.300,000 have been placed by the | miles or three-tenths of 1 per cent Support appeared elsewhere, however, | Col Fuel & Iron.. 354 353 Nat DISt1st (1) * Bklyn Ed gen 63 NS Atchison, Topeka and Santa Fe "with e s i€ %+ $o1. | Nat Distillers. . Una a (14) 59% Bkiyn Ed 68 B. . N Y Cent deb 4s. s»u.] Biftine some Gt the Bhippins ard Col G & B (2.60). : A ey nderwood (f 591 | Blkly: E : ZCentaen 150%| pullman’Car and Manufacturing, in- | ™ per shares to higher £ - Salee | Col G & EpE (1) atay| NEUDIRITE S Ve Bl | Un Bag & Paper. 215 53 |Brookin ",3”3--?0 EiNsomt et : , 108 |cluding nine dining cars, nine ciup| BUTTER HIGHER TODAY. umn-\\;:.,u;,.l 1.500, :ln e 'Eon ?Cr;o;:ll)%) gg Nat Bnam pf (1) g:l;:g&le((zl)‘;’.. A Eu:l:l:‘s"‘fi te. NYC&StLabds. + 97 | cars and five cafe observation cars. CHICAGO, February 16 (&). _Bear traders continued earlier in the | Com 98% | Nut Lead (8)... % Jn Pacific pf (4) 77 5% 77%; Chile Copper 5 Y ChI&SIL & 100%s ! S | ter—Higher; receipts, e R i , 144 |Nat Pow&Lt 40c. ’ | Un Tank car(s). 90 9 "] Col Gas & 116 4| NY ChI&StL 538 B 19 100 | NEW YORK METAL MARKET. |{reamery e o made litle headwas and rushed | Com Solva (4)... 142% 144 1425 M8, | L8 5055573y R Cas o) e 20 Sl corgas et o4 ; i 1 10| Tt |tra_firsts, 4 : firsts, to cover when lullish demonstrations | Com Solv 394 139% 39% | Navads Gop (1) e GLIALSH (e s i monnth £ . N ke o | NEW YORK, February 16 UP).— | ond: . Dags " vecelpts S Sl A e 64 ! ¢ 6 I e - 4 “| United Drog (13 157 150 | Constimers Fow & % agn, " Nes fav 9 9913 | Copper auiet; electrolytic, ‘spot and fu- | ses rsts. ordinar industrial - speciaities. Banks ! consol Cigar. s INY AIrBr A (4) = e 08 s 5% [N Y v 1st 4. . 6 E 14%.° Tin firm; spot and nearby. | wers reporied 1o have called ubout | Gon Cigra pt (1). 100% " 100% | N ¥ Ganners (2). o R ; |¥¥onwistss. ¢ 0 e 4565 T o ety B BRL 1 $13.000,000 in Joans. but the call|consol Distribut 1% S oo IN Y Central (7). 2 USCIP&F(10). 196 9515 19814 | Guban Am Sug 38 2 108% | X ¥ Rys 6865.....134 SoE g | uniteshanbosiged S Sod A cad : PARIS BOURSE FIRM mmones rate vuled steady at 4% per | Consol Gas (6).. 100% % 100% | N ¥ Doek. - - -~ . ascxp“ e oL b een st - NTIeeees o I [£55° Zine P a : : The drastic downwar: Consol Textlle o 3| NYNHS Hart. * 41%) g s Distributing 67 5 57%| Det Edison ref 63 g i 107% | NY W & Bos4lgs.. 4 T 14| and nearby. g ex, 7.604 RIS, February 16 () o The drastic downward readjustments | Cont Can (16)..- 84% 8% NYOn& Wn.... 2 5 U S Hoftman (3). 56% 68 | Dodge wies. ... 6 Norfolk & W cn 4s. 28 5. Y. spot, : S quiet and prices werc e ‘“m\n\'\n?«{\ e o C°"”"“r;(o”) A "{g e W{"?' U'S Ind Alcohol. 62% 6 61% | met Cuba Sug 7S 84, | Northern Pac 3s... 13 Co Eourstoday. e pexicentinentes doubtc e improv ech- | Gont Mot (80¢. 2 113 *NY Rys pf t cfs 5 2 4 % Ay 2 2 o 995 48 francs 45 centimes. Lxchange o1 nical position of the market, enabling | Corn Prod (2)... 40% 40% | Norfolk South., . . ot (|UBRelty (n).. o3 8 ggK Emzl’l?sb‘;r“;:* . 2 23;{::::;:33’: pEgH BOSTON WOOL MARKET. Tondon: 198 fianice 05 contimes ¥ it to make a splendid response to the | Coty 1ne (4)..... 62 62% | Norfk & Wn (18) U S Rub 18t (8). 108 G 108 108 Fis] 1“:: es. . 59 . | Ore & Calif 15t bs. * " STON, February 16 iz per cent loan. 55 franes 15 centimes ;_(:\ct‘?l;wll buying of special s, Crex Carpet (4). 45% 45% | North A (B3.40). U S Smelt (8%). 464 6% 6% gg:g':" Sorsa1 SreShort Lretds. 2 97 i wool continued fairly active to.|The dollar was quoted at 27 francs e o e Gt icpil e D) TE 72 78%| North Am pf (3). § US Steel (17) ... 128% 12815 128% | adyear 58 1941 3 Ore ShtL cn5s'46. 22 106 % |day at unchanged price levels. Low | centimes. e e Cructble pf (1).. 9 20w | N e s A U S Steel pf (7). 1264 1264 1261 Ore-Wash 1strf s, 5 84% figures rumored for current sales usu- | ———— yesterday rallicd hrickly on 4 cesss | Cabe Coue Bl b% abitinon a0 (8 A e O U S Tobacco (3). 60% 604 G0y | Hershey 5ips. ... . : Pennsyl con 4%4s... 2 ally, Broue]tufliay e §bee i midsfoniin| UGAR RECEIPTS. Josieoiy raliied belsklvion @ cess. | cipaStiganipe: s ok oy CTmRIEICERO) 1N CTni Pic 1stpf(8) 98 95" 99| Hoe & Co6%Hs... .. g Pennsyl gen 4%8.. 54 961, i, |ferior wools. Sales of fine French| BIG § flomiorieling pressiive | E Mawin wa ok Cal(8)dei 49% | Nunnally (1.50). Universal Pipe.. 24% 54% 4w o414 |Humble O & R 6ia 24 1024 1023 | 1O Een bs...... 18 combing territory have been reported | BALTIMORE, February 16 (Specia’s S el sepery SotRMClory eubamAm i) B4} Omntbus.ss: 1xse DINPEL A (2., 38 8% ¢ | lilinols Bell 1at Ba. 2 | Pennsyi5s'ee. ..\ 14 at $1.15 clean basis and of half blood | —Arrivai of oil products del than §1 a share earned on the pre.|Guren Dom ot 20% | Onyx Hos pf (7). % vanaatum ()... 81% 2% 1% sow | Lincis Sieet : Eeonsy] 6% 2 as Migh s L Australlan snoc|week by tankers totsled 42657 ferred stock. b e & %5 | Oppenheim (3).. e e 81% 2% | (nt Mer Marine o P 24 X wools are active around $1.15 for 705, | Sugar receipts for the weel @i diar Pacific irafleoadl sbocks ve quahm,n: s . 9 997 | Orpheum Cir(2) | 4 o e W: Y e Int Paper snu 4 Peoria & E inc 4s. .. 20 21 nd combing wool of 64s quality are a With sponded to a_renewal of foreign buy- | Gushmatin PEE- % 4714 | Otis Elevator(6) 23 |vaCarChpfofs 104 10i 104 104 | tneer 5 &% 6% 1195 1199 | Pere Marq 1st 6s... 1 102% 102 selling around $1. Montevideo primas | the exception of 15,000 bags from (! d° Atchison, Union Pacifiy, | Cuyame! ° 4781 00 Steel. a o VaCarChimywi 221 23% 22is 297s| PtET& > PCC&StLosA.. 1 have sold as low as 47 cents,in the | Philippines, all came from Cuba. awanna, Reading and Atlantic | Daniel Boone.... “ { Ot1s Steel pi 5 5% 5 |va-CarCh6%pf. 63% 64 63% 64 |KCP&Lt 68 A '62. 31 101 * 101% | pio G West ci 4s... 23 b { grease, but most ¢f them command 48 | Line moved upward in its wake. | Davison Chem % l;g% Owens Bot (4). Va-CarCh7%pf. 9T% 97% 971 Kan G & E168°62.. 12 3 RIATk&L 4%s 7% |to 49 cents. POTATO MARKET WEAK Dupont made a belated response to the | Del & Hud (9) & 2 | Pac Coast 2a (4). Va Iron Coal&C. 43 43 43 43 |Selly-Springgs.... e Faising of the annual dividend from §8 | Del D& W0, 7). + 148% | Pactfic Gas (8).. 25 129 |vivaudou....... S0% 31%=z9% o9y | LackawaSbe 0. .. 13 . s otLIMER b B FOREIGN EXCHANGE. (CEICLED, SOathy (0 iy - Dodge Bros Cl 4. 413 e Mot s 56 Wabasn.. s amh aon a1 |iaciesgous’si. 7 (Quotations furnished gy W. B. Hibe & Co.y | Sivn anreeibty, 5 CATS: total Unite Dodge pt (T)...- 864 | TACERH 4 : Wabash pf A (5) 74% 74% 8% Liggett & Myersbs 7 2 % StL&SF prinis. 3 Nominal ‘Selling checks . b S CoElie T8s, | Paige Mot(1.80). % 234 o ol ) T el 120w |t LS S FbkaD.. o . col Vale. J’ slow; market rather weak; Wiscon- N Domilas Peo (1), 22t 220 221 EAn ATIEERI(E) 075 Walworth (L80). 214 2% 20 21| Cosbeya & B os Bt 12 987 | S L& S Fad) 6s... 13 b London, posad, - T SEE08 s4¥OL isin sacked round whites, 360380 = Dosgies B ). o 255% | Pan-AmWn B(2) B e e o Loulsv . S L S 51 noes 5 4% Dontreal fdoller : ;- |few fancy shade higher; Minnesot DuRontiiz: fosis | Panhandle. ..... 5 I R L B L Manat! Sug s{7%s. 1 108w |StL&SF pleaC. = Brldsels. Traie. : k sacked round whites, 3.3323.75, & NEW YORK, (.—Stocks firm: |t obcaept (1), 118 118 J1g | Eenbandiet. b 5 16 16 Mid-Con $%8040.... 15 106 S ISt S W 1stds. ... et Rl o E cording to quality: Idaho sacked rus NE! RK, —Stocks firm; | Duquesne p! Park & Tilford. . 24% 247 o247 | Warner S Midvale Steel 5s. 4% W con 4832, h Zurich. franc:. 4 sets, 3.50a3.90; sacked rurals fe high-priced industrials lead rally. ... 110% | park Utah (80 Weber (4). 6 65 63 Montana Pow 58... 6 101t % 100% | St LS W co . ZUrich, : |35 o0 Bonds steady; New York City bonds | lastman (8) = Sl ‘ “|West Penn A 95 96 95 9 sis 18 8715 | St P& KCShL 4% .. Athens. drsch | sales, 3.8 80l at premium, Forelgn exchanges|CAtonAzie(d)-. 20% |Pathe Bx ClA... West Maryland. 16 15 16 Mors&ico 1wt 4 : 1025 | St P Un Dep 6. . . - 108 | e, Grown: .. - freegular: Jupanese ven now high, | EiseRlont & Bro. 17X L B onn Teah Stsar. : |westdazdpt.. 21% 21w 22% 2% 102% | Sun A & Arn P da. . 5 by, | Budapest, crown - FEL MK | GERMAN BONDS AND STOCKS Cotton steady: trade buying. Sugar % 31% | Peopies Gas (8. Western Pacific. 86% 36% 35% 116 |Seaboard A L 4ssta 10 81 | Warsas. zloty. g 0 e A v: increased offerings. Coffee fea- | e Ot 400 (1) 110% % 110% | Pila Co (4).... oy to6y, | WesthseAB(17). 120 " 121% 120 901, | Seab A L adj bs.... 38 o ey Crown 1 o 5 Bia. " Asiceq o S 4 - Westinghse (4). 6% 76% 764 d 2 104% | Seab A L con 6 5% 96 | Slodkhorm. crowa. ... - | Ger Gt (w In) 3s 1914-18. 92500 93800 : BLP £L3E (1o | nenCer. 46'% | (VesternUn (8). 142 142 142 142 7%, 97's 974 'Seaboard All Fla 6s. 13 g8 R 250:00 240.00 CHICAGO—Wheut lower: bearish | Slec Sto Batife) X St e . 10 1o 17 109 ° | SouPuc4s29..... 16 974 971 97%| NEW YORK, February 16 (P).— Ger Gt d-gs Torced loan}il © 000 1100 foreign news. Corn eusy; weak cash | Emmerson B pf. 6 R Sl i . soit 87| Veston A (2)... 20% 30 203 110% | Sou Pacificclt 4s.. 2 87y 8714 | Foreign exchanges steady. Quotations ' . Qugwed in qollars per o ) markets. Cattle dull. Hogs weak; all | End JOhn (8).... N Clsros Arrow. = i | e & L Krie. 26% 27 25% 264 e 1031 10344 | Sou Pacific ref 4s.. 26 9 ol Great _Britain, demand. Ger Gen Ele- 4125 191 interests buying d BERR Ko co00 s o ot 1084 | Wheol& LEpt. 47" 47 47 North Am Ed 6%3. 104% 105 | Southern Ry gen 48 30 i 824 3-16: cables, 486 3-16; 60-day bills| Berhd 33 Mo a4 e &g:;;‘p‘}" 5 0 40 |Pierce Petrol. % w‘hlu“mh‘(l). ggr; g:: fis‘fi Nor Ohio T & L 6s.. 944 9m‘sam.ham§;:az5- ‘z 105 grélh%:hi;! 4831;;3.‘ ¥ I‘tgf" gemlng. Q’m”‘r’.‘"’r' Anier Line 4138 i t Ut pf 11.20 i % | White Mot ( k4 98% 98% | Southern Ry 6sct. 071, | 3.63; cables. 3.631. y. demand. NoMH'German 1iore CLOTH PRICES STEADY. | ratrbke (2.40) ool Plttal ot (1203 . Wikwirectfsll. Iz 2 2 102 * 021 | Term Asso SLds. . 3 d ‘85,; 03i4; ‘cables, 40315, " Demana pel| N GG VR N CEW 2K, February 16 (Specia]). | Famous West Va Willys-Overlane % A : 107% 1074 ; Texas & Pacific 1s| 104% ; Holland, | krupp be 1921.-.. .. .. g0 Cottan aeds e kot v peaal): | seauigt (2149 37 | am (440> 110 | winys-oapt. o7l 98" 971 o8 fm 99 99 | Third Averef4s... 38 62 140, 1y, 20.82; Sweden, 2676 Dussdont Sy urewari 408 o With no huporthut pies et (WedMuiot (). sl cenn SO0, ’ 5% | Woolworth (3).. 201% 203% 200% 202 102 102 |Third Avead]Gs...191 60 |Denmark, 25.82; Switzerland, 19.26; franiiort 8- A5 5 T §00 00 vecorded. | Print cloths stood at 84, | First Nat Stores. 43 |prstcarpt (7). % | worthn Pump... "38% 894 384 39 101 101 |TolStL&W4s.... 4 8% | Spain, 14.10; Greece, 1.43%; Poland, Budiache Anilin. .. 80.00 cents for 6ix60s, and 101 for e8x72e, | Fisher Body (5) 34 | Producers&R pf. 8415 | WrishtAero(1). 28 284 28 2§ 106% 106% | Union Pac st 48 5 94 " |13.:80; Caechoslovalda, 2.96; Jugoslavia, | 4 £ G er G FIE . 2 Raw silks were moderately active at | Lok Rubber. . 2 - % 22% | pup ger N J(6). 85 |Yel T&C (760).. 297 8S0% 29% 0% |Phila Co53%s 38. 100% 100%; | Union Pao 4s°27 - 995 fustdle umania, 43%; Ar- FOREG Gaflechati . inged le Flelphi Do) 1523 | Public Serv rts. 5| Yol Tr&C pf (7). 96 95 95 95 |PhilaCoref6sA. 10414 104% | Un Pac 18t r£ 5 % 107% 107% | EeRtA, Rop e A, ol o | Brssansr Bank .- : PO Da% 106% | pub So E&G pt 99 | Youngstown <4). 80% 81 0% 81 | Plerce-Arrow 8 % 1004 1075 | Unico Bes VO, . 4 103 3 g i Montreal, Bou X iiedter Bank. i Pox : Pub SeEPo pf(7) 109 Dividend rates as given in the sbove table | 12ubliC Service Gs 1024 103 ) Virgin! c 101% S Mercur Bank Vienna NEW YORK FLOUR PRICES. | Exeepoci-Texas. 25 | pyllman Co (8). 165 | are the annual cash payments based 107% 107% [ Va Ry & P 6c 9814 9 e Ry e iec) | | Gabriel A(13%). 39% | Punta Aleg Sug. 3 4415 | Iatest auarterly ‘or hal 1061 106 | Wabash 2d & 3 1 \OL\GSTO\\\' Ohio, February 18 Neway (Pauthaust) SEW \’?!1}1' February 16 Flour— 1 Garaner Motor 81 | Pure O11 (2) .. 2914 | Unigso otherwise noted. exira or special divi 104% lomlwl-b‘a::‘%l o Y (®).—The regular dividend of 1% per | e pEng. Vin- Tk (3). % | P 1 1 Punta Alegre 7s. ... 109% 1091 | West Marylanc cent on preferred stock, payable March straights. 850,25, Fiem: | Gen Anphate. 5 e SR G ondda i Stoct” $Bartly sl 12ty | Fog Brown Tron Ta. 72 7214 | Western Paclfio 7 T 1o stock of record February 19, was | Swedish_churches hold a national o noea e Lot N v G e Cleurt 4 1124 1124 112% | Radlo C pf (3%). o513 5% n .’:‘3« 'W.L‘ne”}‘:‘;:u.;m Pius | Saks & Co st Ts. . 5 20915 T :|snouncra” todax by "the " Triscon | fortune of about £27.010.000 in art gra $% in arable « . 3