Evening Star Newspaper, March 7, 1926, Page 40

Al g p 7\ 3 INANCIAL. 40 FINANCIAL., THE SUNDAY STAR, WASHINGTON, D. 0, MARCH 7, 1926—PART 1. r C 3 4 GE BUILDING ON INCREASE. |Lone Subscriber BETTER TONE IN STEEL. RA“-RU Afl MEREER CURB STOCKS LOWER NEW YORK STOCK EXCHAN Wark Sarted This Yoar Now 97| Won’t Let Company |weekiy seview shows tmproved _ IN SATURDAY TRADING WEEK ENDING MARCH 6, 1926, Per Cent Above 1925, Cut Off His Ph one Market Developments. 2 - NEW YOREK, March 6 (P).—The i e e T e m:nim ‘;‘.?Sf,.,‘.‘,.}“%k‘”’m‘??'“& steel ml.rkn?xdurlnw the pest °md: Loss Range From 2 to 10 Points. iy dets e Sl e i 1288 10838 e ‘z‘S"sfi‘? gtsgsnoflmlfr:e‘mhfi bl tagsieiing 3;&:"’?:‘3 Qincasiness felt over the i TIndustrial and Utility Shares | Bame period a year ago. . 9,297,618 82,833,215 Same period a year ago... eos ceveass 112 of 87 per cent over the corresponding LITTLE ROCK, Ark., March 8.~ |break in the stock market. The de- S Weakest. period last year. The planning of | The Sherldan Telephono Co., which [mand showed some signs of tmprove- |0 & () |esues and Nickel 3 e Net. ) ~1025-26 new work continues at an enormous| geveral weeks ago sought permis- m;):t a;z:l .:u::d:cg’mn;?; A;rnl:r » ~ 26— mn - Ice) il i he Press. SRS o i Gl B el R S e i LR ) P g T A A slon_to sbanon service between Mtitude, as the outlook for expanslons Plate Gain — Industrials R e LRI 2 ow . . ¢ - Sheridan and Sprague, Ark., with the coming of the Spring season 5! : Straus 48 47 AT — 2%| 9% 2% Consolidated Distributor. 8% 2% 8% $861,141,800, a galn of 1 per cent over were In supply at tho opening on the 107% 107% Abraham & Straus 7% pf. 1074 1076 1074|1085 748 Consolicated Gas (6). . 98" 933 94k = 2| Jamiars and £ Der cons cver ¥ob.| cause the o itngad OBIY one | was considered very promising. Pic| (ff—French Francs Drop. |Nere ok Bt Eathange oty with 3T 90" Adums Express (6)...... 102% - A 2% o 3 3 S et 0 fon, the Arkansas Railroad Com- 1 there were more in- many of the higher priced issues sus- 3 16% 14 16 —1 !m, 60% Conunenmm (16) 82% 176 80 1% 3 tion, the m- | was not large, g - taining early losses ranging from 8 to [ + Y ‘ontinental In; " = . e < —Errati s fif’“x’&‘h‘fifii:"(?i}’ ® 114“ 110 111'/. — 2% 15\: 8% cemmz;m mf&i‘?&oi) 117 10% 11% NEW YORK, March 6 (A’)——New * of the service. Copper showed rather an edsior tone 2 ‘\th“:i YORl'h’ln(?(larng)Eessl.n L .lr;:,,'s m!:xb:ihcnrxg:’t;;:?’ulh:? ;nr:“,:;' 5 M:x BEIRHOnK10)= 1% — % | 43% 32% Corn Prod Ref (2). York Cocoa and Rubber Exchange: early in the weekivt"lth smAh w‘Lv:!”d-lv ml:fl:x:' ?’:;;‘:i ‘hepn;‘_“ms"e;s y‘;l session, with the result that quota. 1 108" Alabama & Vicksb 35 .. 111 10;1% % lég'% s gg:; R R‘:wl:ml;'s :om bt bxggkea% 72"";:“ ‘2:61“ LIVE POULTRY EASY. 3:{:;?:5’035' ulrx:q%:cffiie Which 'indi. | the trading element ater the chaotic “;‘lm ‘fltd"'d s Ak lrl}u;:htin;'r s Junes.....o000 i 4 C P 8D ary ay, . 3 attempted merican t suffe Jfl I!; :mk;crlcm Cables (7). 134 134 134 —4 | 641 36 Crex Carpet (4) April-June, 54.75, New York Rubber| CHICAGO, March 6 (#).—Poultry— | cated the probability of a large ded Im:nl:‘mx :i:l “‘;:‘d:&r ri’xle fl\:s::!esfi]?":; an early loss of 10 p olntu,gnmi United 126 113 119% — 6% | 84% 64% Crucible Steel () Exchange: Rubber firm; smoked rib- | Alive, easy: receipts, 1 car; fowls, 29; |mand just beneath the market, an e & £ x 42 80 Allled Chem & Dye (4)... 1 . = 8 ubber firm;_ smol in toward the end | ground, hut net losses as a rule were | ght droppe points to a new low % 117 Allted Chem & Dye pf(7) 121 120% 121 102 9_2 Crucible Steel pf (7). bed sheets, spot, (6.60; March, 55.70;|Springs, 32; turkeys, 33; roosters, 21; | prices firmed up again to small. The volume of business was|at 77, and then rallied to 84. United 974 71w Allis-Chalmers Mg (6).. ‘gg'n 135; Foslid | O N L May, 54.80; July, 53.60. uiclcs; S0aBviuen) a1 Cilivdoies again of normal proportions, the day's| Gas Improvement dropped below 100 110 103% Allis-Chalm Mfg pf (7).. % — %] 89 G O R R e T N TR Y s it TR L SRR sales aggregating slightly more than[2nd a 4-point loss was shown in Penn 18% Am Agricultural Chem 275 26% — 9, 43 CubaCo(4). 1085 Net. | ~1925-26 Net. | 900,000 shares. L Water. g:: 86% Am Agriculturl Chem pi u, 797@ - 4_%; lg::z "g, (cubmmmfl‘ . fi:h. 1::“ Stock and dividend. High. Low. Close, Chge.| High. Low, Stock and dividend. Bigh. Low. Close. Chgxe. mf’,?b,,,:m,.m of new high records| There was pronounced weakness in 36 Am Bank Note (1.60).... 38% g 4 Oubsn Ameriugatp s e % 189% 79 McCrory StCIB ((46.60). 96% 80 92 — 05 [100 =& RossiaInsCoof Am(6).. 93 86 90 —3 |ro:" i tima by Chesapeake and Ohiq |the industrials, the widest movement 53% Am Bank Note pf (8) 56 e Rl e CaaE DOmETCATETRRE. 8L (BRI 1025 MoCrory Stpf (... 110 ' 108 108 —2 | 6T 484 Roval Dutch (al319-10). G2t common and preferred at 1307 and|0ccurring in Tubeize Artificial Stk and 29% Am Beet Sugar (4)...... 34 i el R TR TR R e TR e 30 MelIntyre Porc Mines (1). 26% 23% 20% — %| 62% 42 Rutlandpt... e 45 181%, respectively, was one of the|littsburgh Plate Glass. Wlectufc Re- 76" Am Beet Sugar pf (... 80 £0 40 e T S0% S0 0% Tunt|2a 17 MackFracm oo it e = o | 64 45 Safety Cablo (4)....esr outstanding feat The common |frigeration sold off 3% points to 68, 20 Am Bosch Magneto. . B s o CushmanS Saa it oy iite: 60 000 glite: 134 Mack Tredtta o e s 1ok 52% 855 St Joseph Lead (13):s.. sold down as low as 126, and closed at| _In the last hour trading slackened, 904 Am Brake Shoe & F3 (6) 1 Tt T ® Curameimsitier oo 47 4o 4T 41 |US 104 MuckTruckslstpt (.. 11z 110% 112+ 241103 571 St Louis-San Fran 128%, for a net gain of 1 point on |With the buying apparently for short 107% Am Brake Sh & Fy pf(7). 114 36 D Al e kdon e g % 106% 99 Mack Trucks 2d pf (7)... 106 105% 106 -+ %| 92 76 St Louls-San Fran pf the day, and the preferred showed a|@ccount causing a moderate recovery 36 Am Brown Boverl Elec... 40% 36 3% — 1| 7 —.‘ Dantel Boone Wool Mills, 5y — 81|14l 114 Mackay Cos (D)... 133 uflfl T~ 3| 78 43% St Louls Southwestern... 67 net gain of 54 at 130%, after having [generally and in a few instances ex- 90% Am Brown Bov EIpg (1). 924 61 41 — i%| 49% 277 Davison Chemical 48%‘% 35 — B4l 77 68 Mackay Cos pf (4) = 4] 78% 1704 St Louls Southwst pf (5). T4 dipped to 129% & tending to about 2 points. Am Can (18) - 334% 200 308 24 |110. 82K Deere & Conpt (7). O Lo ioem ¥ sw|112 69% Macy (R & Co. 1% = %1108% 481 Savage Arms (4)........ 89% Nickel Plate Also Gai Ofl shares moved parrowly and ‘Am Can pf ( 125124 135 — %4169 1381 Delaware & Hudson (3).. 160% 153 $169% 118% 114% Macy (1 H) & Go 9t (7) llfi‘f- — 1%113815 101% Schulte Retall St (§8). ... 127 B s s without any material change from i CRN M Ew D ton o = oy i . B"":‘gl‘,‘f‘f};f‘t“g}m;’? ‘:g oA 46 34 Magma Copper (3)- % A1+ 181118 110 Schulte Retall St pe (8. Nickel Plate common reglstered a|recent levels. N 3 Am Car & Foundry boted d 5 en o Gr . alli; "% e — b54% 20% Seal s - net advance of 2% points at 157, i il Am Car & Foundry pf(7). 128 ¥ 120 + 41595 110 Detroit I2dison Co (8). ... 133 126% 127% — o 5 arlemECh L i~ BlUB1%. 35" Geahea At e ~ 2uafter fluctuating between 160% and Am Chain Class A (2).... 24% 24% + M| 60 40 Detroit & Mackinac pf... 60 60 60 76% 421 Manhat Klee Sup(4%) ..t + 3% 16% 1214 Seagrave (1.20)... — %155, but the other Van Sweringen is-| DRESS GOODS OPENINGS Am Chicle. S B — 13|108% 85 Devoe& RayndsA(2.40).. 414 85 40% — 119% 64 Manhat Elevated gtd (7). 2% 241% 1473 Sears-Roebuck & Co (6 — T4 |sues lost ground. Pere Marquetts et Lod0w 35w 98 109 © 973 Dovoe & Rayds 1st pf (7). 1007 100% 100% — 5% 5214 Man Moy mod #id (45 +8 |"11" 64 Seneca Coppe: y 5 %|dropped nearly 4 points to 1, and| FOR FALL ARE CHEAPER Am Drugglsts Syndicate. b 4% 8 Dodge BrothorsClass A.. 80 30 36% — 843% 201 Manhat Shirt (134). = | 92 404 Shattuck (Frank G) (2).. 69 51 56% — 1%|then rallicd to 82, while the Erie is- paryla iy ¢ Am Express (6)........ 16% 1205 126 —11 Dodge Brothers pf (7) e e o 49% 2815 Manila Blec Corp (2). — 5%| 28% 215 Shell Union O1l (1.40). + % sues lost & point or so. Am & Foreign Power ... 30k 22 20 Dome Mines (2). 8% 16% ;gk + 36% 20% Maracaibo Ol Explora. = 1% 10614 99% Shell Union Of1 pt (8). - 7| Other rails were mixed. Publica-|More Buying in Print Cloths Also Am & For Power pf (T) 96% 924 13 2 Douglas Pectin (1). 2% 21 8 . 12 6 Market St Ry. o — 1%| 60%5 513} Sheubert Theatre. — 1% | tion of several unusually favorable Reported in Market in Satur- m Hide & Leather 10% 13 Duluth So Shore & A' riTay S;fi = 46% 24% Market St Ry pf.... = 8| 4% 31% Simmons Co (1215) + 1 [1925 earnings reports by £ome of the L T i Am Hide & Leather Duluth So Shore & Atl pf. 6% f"‘ 217% — 65% 41% Market St Ry prior pi 28% 17% Simms Fetroleum (1), — %|large carriers during the past few day Trading. Am Tee (+10). : Dupont de Nemours (10). 228 21 1024 + 35 18% Market St Ry 2d pf. —1 | 24% 17 Sinclair Consol Ofl..... ... 23% 21% 22% — 1 |weeks has been offsot by speculative \ P (6) DuPont de Nom deb (6).. 1021 101%3 N 60% 325 Marland Ofl (4). T~ 1] 95 78% Sinclair Consol Ol pf(8). 93% 92 984 — 1%|uneasiness over the ouicome of de |B7 the Assoctated Press. Duquesne Light 1st pe(7) ng 1B 1S+ 2% s2% 104 Marlin-Rockwell (2).nrse + 18] 3214 21% Skelly 0il (2)...... 29% 27 28% — ' |mands for higher wages by the rafl.| NEW YORK, March 6.—Lowe: i Engine (1). 8 Durham Hosery.. = 3714 18l Martin-Parry (2). = %1143 80% Sioss-Sheft Steel & Tr (8). 117% 110 114 — 3 | road brotherhoods. prices attracted more buyring in print ] g pf (7). 434 Dusham Hostery 5.7, 0% 107% 51 Mathieson Alkali (4). 7 P114ms 62" South Porto Rico Sug(6). 128 110 127% + 9% | Standard Industrials mgged in the| cloths and other sray goods mamters 1 1o80% T8 107% Fastman Kodak (18)..... 108% 139% 101 May Dept Stores (5) n Southern Pacific (6). apparent withdrawal of strong finan-| today. All printers have now con- | s “‘,,;,‘ 106 2% 10’5 Eaton Axle & Spring (2). 29% 26% 21% Maytag Co (2).... o Southern Railway (7 + 2% | cial support which was in evidence | tinued current prices for deliverios ox- bio ive (B).....0 \0' . T Elsenlohr & Bros. . . 16 24% 18 Metro Goldwin pf (1.89), = Southern Railway pf (5). — lafter Wednesduy's dramatic break in|tending into June. New lines of Full Lo e pf (D)., 119 A Elec Auto Lite (16%) 7% 22)2 6 Mexican Seaboard o3 Spalding (A G) 1stpf(7). 106 105 106 + %|prices. Urited States Steel common|dress ginghams and rayon mixtures i 9% . 24% 8 Miaml Copper (1). Spear & Co pt (7). e 85 78 T8 —2 lclosed a point lower at 1288, with | were shown. One of the largest lne I 3 el 88 25% M!d-Continent Petroleum. = 4 Spicer Mfy. 28 21 26 — 1l%|some of the selling probably inspired |of worsted and mixed dress goods was . Elec Pow & Light pf (7). 32 97% 83 Mid-Continent Pet pf (7) ) Standard Gas& El (3)... 60 51 56% — 2%|by expectations of another drop in|opened for Fall at prices from 10 to o 00, ELP&L. ptotf 40% pa(T). 107% 3% % Middle-States Oil. Standard Gas&EIDf(4). 57 56 58 — 1%|unfilled orders for February, when|15 per cent lower than last year, ] Zqu| 80 60% Electric Storage Bat (16) 6% 1% 75 Middle States Ofl ctfs. % ¢ ndard Milling (5)..... 78% 72 7T6% the figures are made public next Wed-| Men's wear fall lines are now gen 5 oy + 2 15 7's Elk Horn Coal.... 9% 147 96 Midiand Stl Prod pf (19). 126 114 122 — tandard Milling pf (6).. 85 80 85 — 4 |necday. erally opened and a fair volume of . Shin & Co el e T 5% 1's Emerson-Brantingham... 24 44% 86 Miller Rubberctfs (2)... 43 36 39% — Standard Oilof Cal (2)... 57% b4% Ob6% — % Many Small Decll business is coming forward. Raw sl S & Refin (). 138 120 127 — 4, | 265, 8 Emerson-Brantinghampf 17% 4 1% Minneapolis & St Louls. . 2 2% - ndard Olof N J (1)... 42% 40% 42% + % e was firmer at the week end. A better - & iterin pf (7). 114% 113% 2% + 1%|.7 % Endicott-Johnson (5) . 684 57 37% Minneapolis StP&SS M. 4 = Standard Oil of NJ pf(7). 118% 116% 118% + 1 Motors and high-priced industrfal [ gom /NPT S5 10G ook end. J ted § (iz) e e Endicott-Johnson pt (7). 116 67 5Tl M SLPASSM Isd lines (4). = Standard Plate Glass.... 8 7 8 -+ %|speclalties wero again subjected to femand for silk fabrics is expected in ). TNl ) Erle..... 47% 28% Miseour! Kansas & Tex.. = Sterling Prod (4)..... 76 79% — 1% |rather heavy short selling with mixed e A ke e y oundries (3).. 43% 40% M e . Erie 1st pf. 95 74% Missouri Kan&Tex pf(5). = Stewart-Warner (6).. 8414 72 76% — 5%/ results. American Can was hammered ;’“"“ w {mfir herv el .,;n ur. sundries pt (7). 118 113 e Erte 2d pt . 4 41% 27 Missour! Pacific. - Stromberg Carburet (6) 70 —2 |down to 801, but snapped back to|l3h® Were steadler, but trading was ning (6)... 8% T4 378 + I EurekaVacuum Clean(4). 49 91% 71 Missourl Pacific p - Studebaker Co (18). ... 57% — 1% 308 for a net gain of 1 point on the restricted by the many uncer a Tobacco.... 12 10% Ton 15% Exchange Buffet (1%)... 16% H Montana Power (5). - Studebaker Copf (7).... 115 115 115 — 4 |day. General Electric closed 3 points | tinties. A e T ¥ 214 Fatrbanks Co..... 3 Montgomery Ward. = Submarine Boat. ... o g oSy T i|lower at 320%. after fuctuating be- e Tobuceo (8). . s 112 st i) 4 Moon Moters (3).. g Sun Ol (1). 6% 81% 36% — % |tween 317 and 323. American Ice, LB R “:’ T e % 13?;1: l&‘i;::;::::: S*;‘é'rii ;:3 Dis 1?1‘)‘ Mother Lode Coalft (% Superior Of1. 3 2 + %] Baldwin, Brooklyn Unfon Gas, Cush COTTON MARKET GAINS. pbacco pt (6). - ol g }'1’5‘,‘ ~1e" 901 Famous Players-Lus (8). 119% Motion Ploturs (1), Supertor Steel. .. 23 28 28 — %|man Sons, Eleculc Auto tho, Hud- er W orl\\pt’ ). 102 1015 ;% =g i {,‘,r‘g“‘g‘fstmlflm)‘g l Mullins Body. - . Symington € 5. + % ;L.n“'za\ Steel Spring, Sears mx-l‘fu. K in Late Saturday Trading. 391 3% | 4915 Fed Mining & Smel pf (7). 73 b 3::‘;’;3'&%"‘“ = ~ Telautograph Corp (50c). andl\\onhfl;\s'{)lnn‘ l;ump all ro(nmr:l NEW YORK, March 6 UP)—A; A 1477 :Aulullhvoenlxg‘ mss‘f) 1%) ot o Tenn Copper & Chem (1). :""l e s oiTa weak- | opening decline in the cotton mark 3L A 12" Fifth Avenue Bus (64c) 40-‘/‘1 Nash Lol o Texas Co (3). ¢ i o B o e ‘{““?“ today was checked by covering and . A % 34 First Nat Store: i Nat Acme (stamped) . Texas Gulf Sulphur (10). publication of the 1925 report, show- | Jto0. Voh, Seqeq o trading, My . 15 60% Fisher Body (5). 96% Nat Biscuit (14). . Texas & Pacific Ing smaller earnings per share than |geiing up from 15.60 te 15 A\m 3 7% Fiok Rabber 15t pf (1)10n 107 Nat Cash egistor otts Toats e Lo e b‘-‘m.rmc- losing at 18.72. The general market ! . \naconda Copper (3).. 5 > S135 Fisk Rubber mg, Stoa.. i88% Nat Closk & St (Ay .o g:‘m}‘ I{w «and Trust 0il Sh; Lose Ground. closed firm at net advance of 3 to 10 i Aun Arbor. ... e - 100 Fisk Rubber 15t pt ov(7). 107 Nat Dairy Products (3).. 14| §1% 3% Thira Aven Esgemd =ua ilwater OfF lostpolute; 69 Ann Arbor pf. P - TH 15 PISBORRRS G 50% Nat Dept Stores. . .... i = %| 7% 454 Thompson I C (3.60) ground on the traditional “selling on | Advices recefved from Memphts 161 e i 8914 Foundation Co (8). 1587 108115 Nat Distillers Products —Hal A T,‘(fif“\“ ter O {“, the good news" following the publl- [complained of a very poor spot de 108 100 — S e Ry 8= 6l ee% Nat Distillers Prod pf < o 5 “‘;':l‘: 0}] DE(5) cation of a plan to merge those com- [mand, but otherwise little: was he: Freeport-Texas. .... 23% 19% 22% Nat Enam & Stpg.... Tiken-Detroit Axle (6) ... panies. Other oils offered good re- |from the South spot situation. Loca Sabriel S $%) 89% 37 39 4 Nat Lead (8) Tobacco Products (8). .. sistence to pressure, special strength |traders found nothing to attract spe & Colof IN €11 Gabrie Snubber A (13%) 33% 37 o Nat Lead pt (1) . 1 Tobacco Prod CLA (7). e. developing fn General Asphalt com- |cial attention in the week and reviews Ser ) Gen Am Tank Car (). Nat Power & Light (1), TranscontinentalOil. -1y 4 men and ‘proferred, which registered |of the cotton goods ma EanleR . Gen Am Tank Car pt (1) Nat Rygof Mex Ist pf... Twln Cley Rapld Tran(d)! 7014 75% 77% + 2 [Nel Eains of 435 and 1% points, re- |wholesale distr 3 4 Gen Asphalt Nat Rys of Mex 2d pf. e iy spectively. the effect that c Gen Asphalt pf (5) Nat Supply (3) Underwood Typewr (3).. 58% bd% $58% + 1% Commodity markets were dull, with | well ahead of the previous wee General Baking pt (8) Nat Taa Co (4) nderwood pf (7). 122 122 3122+ | price changes slightly lower. Active it less than the same week Gen Cigar (8). Nevada Consol Cop (!\ l‘nh'm l}a;;&l’d,per b5l tfih 2% 2% wheat futures yielded a fraction of a r, with merchants buying con Gen Electric (8). 3 New Orl Texas & M (7). Unfon Curblde. ....c.0 86 18 “0'% cent a bushel, cotton sagged 3 to nd keeping their stock 7% Gen Electric Spec (60c)., 11% 11% 114 N Y Alr Brake (2) Union Ol of Cal (2). 1% 3815 41 1, |10 points, coffée 1 to 14 points and Gen Gas & Elec A (135) . Y Alr Brake Cl Unlon Pacific (10). 145% 14215 1447 + raw sugar futures were unchanged | Private cable advices from Manches Gen Gas & Elec 8% LA { ¥ Canners (c2)....... Unlon Pacific pf (4). to 2 points lower, ter reported fair business in cottor Atlanta Birm & At.. . Gen Motors ( N Y Central (7).... ion Tank Car ( cloths with India, but that poor price« Atlantic Coast Line (19). 225 13 "f::: ‘\1‘;:3:: deb 85 { Y Chicago & St L (6). Union Tank Car pf (7) French Francs Tumble. were being realized at the Shangha Atl Gulf & West Indles. 4410 39% ] (rm < i (Y Chi & St L pf (8). United Alloy Steel (s(rc). A sharp break of over 12 points {auctions and that yarns were inactive AtlaarisRoonint w03 o 10 - 4 Gen Outd "Adv vo tr otts Y D 4 United Cigar St (°3 t0 around 3.60 cents in French francs, R A | tlantic Re i 5 3 d A % X Y Doc pf (5) “nited Cigar St p; following the fall of the Briand cab- Atlantic Refining pf (7)., 1175 116% e oo st sl \ Y & Harlem (5). United Drug (7). .. inet, featured the irregular foreign | WHEAT IS UNSETTLED Atlas Powder (1). R e Gen Ry Signal (143> Y New Haven & Hart. Jnited Lrug I8t pe (314). exchange market. Demand sterling - 24 20 214 — Gen Ry Signal pf (6). 34% 21% N Y Ontarfo & W, “nited Fru 2 vielded slightly to $4.851,, but the 3 St = e n Rafractorios (2. 359% 262 N Y Ratlwa juiees ;j;fllyfrlu;“;:‘_m Italian and Belgian currencies held [ Corn Bit Higher and Oats Us Auto Knitter Hosler: s 1 K-t i ‘nited Railway Invest pf. fl‘,‘lf}f‘t"im:;,;‘\f::,"'(‘.‘r']‘("m Lo by changed in Chicago Pit. Baldwin Locomotive (7). 109% 104 ey 7S Cast 1P & Fdy (10).. Toawiiod, = %al” The weekly clearing house state.| CHICAGO, March 6 (P).—Althougis Baldwin Locomo pf (7).. 108 =108 26% Goodrich (B 1) Co Cast [ P& Fdy p£(7). 100%43100% — % | ment showed -excess reserve of $14.. ' whea t ruled higher much of the time Balti & Ohio (3).. SUis B3l 102 92 Goodrich (B F) pf (7) o 98% 98l + * 8 Distributing. ‘§| ‘3\7 = 4% 874,840, an increase of $10,200,640 over | tod on the Balti & Ohio pf (1) 68l 675 109% 101 Goodyear Tire&Ru pf(1). % 101 $104% + J S Express 2 b 3% — %)ihat of & week ago. Aggregat - | bulges and the finish lacked strength. Bangor & Aroostook (3).. 4215 33 odyear T & R pr pf(8). 107% 107% 1071 - 5 7 S Hoffman Mach (3) 4% serve totaled $607,019,000. The de-|A forecast of zero temperatures led Bangor&Aroostook pf(7). 100 100 tham Silk HoS (2%). .. 36% 88 - North Am pt (3)..... A $ Industrial Alcohol. . . tailed statement of actual condition |to fears of damage to domestic Win- Barnet Leather. el 991 Gotham Silk Hos pf (7). 99% 100% — North Am Edison pf (6).. Industrial Aleo pf(7). showed mixed changes. [ter wheat and occasioned conside: Barnsdali C1 A 1815 Gould Coupler Cl A (2). 18% $19% - Northern Pacific (5). Realty & Imp (4). ¢, discounts and {investments |able buying. Traders also were loo Barnsdal 13 Granby Consolldated. 18% 20 - Norwalk Tir & Rub(1.60) dropped $73,132,000, presumably in re- | ing for a relatively liberal reduet 60 Great Northern pf (6)... 78% 69% 724 + 9 Norwalk Tire & R pf (7) flection of the break in stock price: of the United States visible supp 4 24% Gt North Ore ctfs (1%) 24% 254 — 18% 8 Nunnaliy Co (1%) and net demand deposits fell off $34.- | total on Monday. 40% 40% — 1% |113% 91 Great Western Sugar (8), 983 101% + 1 38 81 Ofl Well Supply (2 Steel (11) 463,000. Cash in own vaults increased Wheat closed unsettled, unchange: Bethlehem i 0115 100 3100 — 8 |116 107 Great West Sugar pf (7). uw 114% 114% — 1% | 107 1087 Ofl Well Supply pt (7) *10 HES $750,000; reserve in Federal Reserve |10 % lower; corn unchanged to Bethlehem § L7 10115 100 116 11| 19% 10 GreeneCananea Copper.. 114 10 11% — %[ 901, "16% Omnibus Corp. ... e; b 3’ Bank and member banks, $5,458,000, | higher and oats unchanged to % uj. i Bethlehom Steel pf (8)... A10% A8 U+ LAY 4oi0 SuriGrinntaiampRUREES 5oy, I8, 18) A9 = 94 Omnibus Corp pr A (8). Tobacco (3). and time deposits $1,664,000, Wheat— g, Booth Fisherles......... €% B% 0% — %| g6 53™ Guir pobile& Northern., 32 26 29 — 2 Ot ales Univer Pict 15t pf (8). S By ot i 1%y Gor Sl DS T 3”, 13109 893 Guif Mobile & Nor pf (6). 101% 984 1008 — 14| g9 784 Onyx Hoslery pf (7) e Ll G < 1 chi 95% 67% Gulf States Steel (5) 7 78 —2 | 'goy, 411 Oppenheim Collins (8 e DO Rl POTATO MARKET STEADY. 3 4235 Hanna (M A) 1st pf. — 2 | 32% 26% Orpheum Circuit (2) 0 « CHICAGO, March 6 (#).—Potatoes 26% Hartman Corp (23) + 1 |140% é% 8:]&: g:::nlwr () eee o aee kel Tk il e —Teceipts, 64 cars; total Usics S ST o e Otls ateslr. 102 99 100 — 4 | 26% 16% Van Raalte...... States shipments, G16; tradingfair; Broakn Union Gas (1), i Gl TR 80 won —ma| o W cutétcoiaag. 4T% ATY ATW — 2% ) 80 G0 Van Raalte1stDf (1),.es market stead: consin sacked Brown Shoe new (2). ... 43 Homestake Mining (1) 51 65 + 4%| 69% 42% Owens Bottle (14). 68% 60% 62 — 1%| 51l 45% Vick Chemical (334). ... round whites fancy, shade Brunswick-Balke-Co e : = Y % VaEitai i 5 Vicks Shrevept & Pac (5) higher; ta sacked = round runswlck Ter & Ry See. 10% % Household Prod (13%). - - 1338 Bacllc Gat & Rlec (F) S Car Chem new w i 1daho sacked Rus- Buffalo Roch & Pitts (6). 80 69 Houston Oil. 5D 64 Pacfic Ol (3 81% 76 1% sets, 3.76a4.00, according to quality. suffalo B iLpl(6). 94 IS oyt ) I+ % Fackard ';I())dw{(: SO ) = . 72 it v B 21% IHudson & Manhat (2 oo 3 %+ aige-De! ot Car . SYa o s s o 6435 Hudson & Manhatpt ). 76 71 71° = 2% Fan-Am Pot & Trans (6). &4t - BUTTER PRICES LOWER. 993 fixz ;{(:}.aho‘x;gg’tt‘rfifi;n 2% = g: ‘;::::x: {&?:fi;ev.n (@).. 40 34 38 — Va-Car Chem pf ctfs. 10 8% 10 — &%) CHICAGO, March ¢ (#).—Butter, Add Mach(3). 9‘:“ 22?& 3" 126% 111 ,mifi‘,um,.m, ¥ = Panhandle Prod & Ref... 11 7% 10% + Va Iron Coal & Coke. a2 42 42 —1 |lower; receipts, 7.698 tubs; creamery bri o b RIBST i (as it 41% "18% Independ Oil & Gas (1)... 28% 25% — 2% Panhandle Prod & Refpt. 76 67 76 + 2 Ml '.,“]&c“"'““)‘ Ton Tow T3 14l extras, 41%: standards, 41%: extra FLOUR PRICES HIGHER, Busl )e 24% 13 Indian Motorcyole (2) 21% — 1% | 85% 22% Park&Tilford.......... 24% 22% 24% Vivandon b caesy & g T 4rg | firsts, 403tadl; firsts, 3914a40; sec. Butte Copper&Zine (500) 14% 6% Indian Refining. .. 11% + 8% 7% Park Utah (60c), et X Gt MINNEAPOLIS, Minn., March s Butte & Superior (2). 6 Indian Refining ctfs.. 5 90 68 FPathe xchangeClassA. 70 08 644 — 4 Wabash. . Eiggs, lower; rocelpts, 18,459 cases: | () —Tlour, 10 to' 15 higher at 8.2, " Butt 77 Ingersoll Rand (3) ~5 | 28 16% Penick&Ford........... 18% 17% 18 Wabash p! . extra firsts, 261a26 9.30 a barrel. Shipments, 47,936 bas Byers (A D 37% Inland Steel (234).... ‘P — 106% lgg% 5::1.“,‘;?&.‘&’."&25& 101 & &:i?:é:féi‘?.‘m“" . 25%; ordinary firs .4‘,:. rels. 2214 Insplration Copper (2). + 26% & E , st ——————— e 13% Interboro Rapld Transit. 41% 3¢% 39 + 13| 65% 48% Pennsylvania Railrd (3). < D s D Callahan Zinc & Lead, - : 1% Tnternas Aevionlturaty . 25 1o 2o~ in|1s 112 DooplesGiasChicato (6): 12. ‘us 120 - Ward Baking pf (1)..ve-- HO W IS B US INE S S‘; ‘alumet & Arizona (14%¢) 601> 58% 158% — *4| 26 st o Ja £, 1K Bemg Bg;’! = 1;‘ 6% 16% Peorla & Eastern. , 19 20 + ‘Warner Bro Pic C1A. - M Beoecd fecs (1%)... At W M -~ B{EE S0 ISR T e W a1 A “| 86 61% Pere Marquette (4). sun 67 82 Warren Bros (4). . 1% Lol o oot b Canadian Pacific (10).... 165 160 188% — 1K |176% 110 lmenmm“s““h‘; 66 60W ’633‘ 1% | 80% 68% Pere Marquette pf (5 78 Tl T4 — Weber & Hellbroner (4).. " 62% 65 621 - 4% <o (J 1) Thresh \m-n Rl 71 804 — | 8ll 52 InternatCement (4).. el i 78 Pere Marquette prpf(s). 83 79 83 — ‘West Penn Co (4).. 122 118 122 Showing Current Business Activity Compared With Same Week a Year Aga se (J 1) Thres M pf(7). 104 14\ 5 102'4 — 1%} 107 102% Internat Cement pf (7)... 103% 103% 103} — 89% Phila Co (4) 64% b59% 63 — 5 WestPenn Electria 95 .00 b2 — Central Leather Cc 1 T s e S L R U e | o e SR R g WeatTemEe st o o e — Cent Leather Co th em. - su 188% 96% Internat Harvester (5).., 127 120 123% — 8 62% 3% Phille Morris & Co L o West Penn Power pt (6. i 9% 95 95 Central R R of N J 2 o —11 [122% 118% Internat Harvester pf(7). 122 121% 122 + 1% | 26% 12% Phill}’ S Jones (6> V¥ West Penn Power pf (7). 109 109 109 Contury Tbbon Mils(). 2% 20 B o Betirimr el 6::: - Mg Sk Phllilos Potrolents Western Maryland...... 13% 11 12% — “en v Rib Mills pf (7). 85 i — 2 4 oo < 5! - b o e — f«er'é'fi‘w‘ co ¢ l'p‘pbr‘l“. e 60:‘. 63% — % 27 Internat Mer Marine pf.. 367 82 8514 + 34 4% 18 §§‘&Z’:§§,‘;:§"Y~ 2 ;5::225: x;:«’;llcmd “ M- gg“ :lag é;”‘ Certain-teed Products(4) 474 4d% 46% + % i Jur el £ sass - T U] AT I8 Plerce-Atrow bt - Western Pacific pf (6)... 79% 77% 78y _ Chandler-Cleveland. 21% 19% 20% — 2 e e LCEAITRE)) @ 08% 45 Dlereaoll : - Western Union Teleg(8). 142 & 136 = 145 Chandlar-Cleveland pf 42 891 40 — % 48 Internat Paper...... Sl v e oil pf West'house Alr Brk(17). : Chesapeaks & Ohio (4)... 180% 112 128% +17 | 9 86 Internat Paper pf (7). 05, 2 ] 0. 22‘(; Pierce Petroleum, i West'house E & M (4) . 66 71% — o Ches & Ohio pf (6%3).... 1813 119% 180% + 7% [199% 108 Internat Shoe (6)... Tl B 57" PrietsCoal..s.. - West'house 15t pf (4) . 84 T Chicago & Alton. . 84 6% 8% + 7|144 87% Internat Tel & Tel (6) -1 64s 87 Pitts Goal bt (6) i Weston Elec Instrument. 17% 16% 168 4 Chicago & Alton pf % 104 1’2]@. + z:;. :gls ;2 ;mer]u:ecorp (1% - % ‘gg% ;g it 7 Weston Eleo Inst CIA(2). 31 238 sery — Chicago & Alton ctfs. ¥ 4 i e 1% Jewel Tea..... 0 1tts Terminal Coal. s Wheeling & Lake Erfe. 26% 18% 2215 — ¥ 33% 33 33 —2 [125 120 Jowel Tea pf (7). - el 0 Pitta Torm Caal pt (6 90 90 90 — Wheeling & Lake Erlo pf. 44 8714 a0 45 40 42 —3 | 217% 11% Jones Bros Tea 16% 16% 16% + % 127% Pitts Utilities pf (11.20). 15% 141 15 — White Eagle Ol (2).e.0e0 28 263 2714 — 15 8% Chicago G 10% 8% 9% — %| 66 86% Jordan Motor Car (3).... 613% 49% G315 — 7a 1% 65" Pitts & West Virginia.... 115 973 1071 — White Motors (4) 814 73% 7%, — 324 163 Chicago Great West pf. 16% 21% — 1% 1105 99 Kan City Pr&L1stpf(7). 110 110 110 31% 40% Porto Rican Am Tobacco. 71 70 71 + White Rock (2).. 35 81% 34y — 16% 8% Chi Mil & St Paul. 10% 12— %| 61 28% KansasCity Southern.... 43 8% 897 — o8 1247 64% Postum Cereal (4.40).... 94% 85 904 — Wickwire-Spenc Stictis. 2% 2% 21 28% 7 Chi Mil & St Paul pf. % 16 184 63% 67 KansasCity Southpf(4). 62% 61% 62% — 13| 79y 45 Pressed Steol Car. 64 56% 60 — Willys-Overland. ... 28% 24% 27 14 \mg&?t F;clrs nfrger\ ;H- }g :1"‘: B :: 1% % KansasCulf..........eeo W % 134 — 95% 76% Pressed Steel Car pf .. 87:2 :;.;“ ?gu - i \\'fll)s-g\;:erln.nd BE (T)n 9;2 og 9% + Chi M&St P ctfs of dep il “h - S 8, & Co . - eeee 14 Y% — ‘Wilson 0 ¥ 4 :fi :?I“: Chi & Northwestern “).. 0% 66K 69% — % 13232 :112 i fi:;:::(fx‘::lllx‘:.’s)) ISt x(agl) 13% 18;% 132:/, - f% ag% '1,3% l’?i&f’fifi‘e’ififlifi'fl‘:i? P 85 gh 9 - Wilson & Co o 4 i‘;: = GENERAT, BUSINESS ACTIVITY for the, country as @ whole, Indicated by bank 128 80% Chi Pneumatic Tool (5).. 108% 961 108% — 14| o1l Jou Kelly-Springfield Tire 17% 16% 17 — 14| §o¢ Gow PublicServicoNJ (5)-... 83 72 $78% — Wilson & Co pf Ctf8..vees 18 1714 18" 1 deposits outside New York, compared with the samo week of last yeas, B s o s s o K“{"'SF{.'"‘f?'sa)T""" 159 10%% 66 — 1" |1081; 99 PublicService 54D, 08K 10EAAI0T ::oo::f'rl:,fi‘}"‘: (57 css e 11 188 ~ ACTIVITY BY FEDERAL RESERVE DISTRICTS 90 oe . 3 T 2126 87 Kelsey Wheel (6)... 06 114 Service N J pf(8). orthing ocoll 8 0 " i ; ® 92 (“h:xslock 1:11 &‘f»’:m (D). :; : 9 46% Kennecottgum:\;{flh)b. b5% 51% $63% — & {},:% ‘3%, ;3:“2 Ser E1&Gas pf(6). 92% lg;'s 198 rl::nxn ;umn p;:‘\;(&)‘. Zg% ;;1‘ ,:s @ Check transactions compared with the corresponding week of last year. 3 497 Childs Co (2. . Y . 1% Keystone Tire u 1% 1% 1 1, lic Ser El Fw pf (7).. 10! Worthingn Pump p! 4 1621 4 30 Chile Copper 34 30 65 Kinney (G R) Co (4) 70" 6 70" 41 B Pitinn Gonipa v (8 es 101 18 16, Wright Aeronautical (1). 30% 27 gy Lo mey e e i B0 XreaxeBS(150).. %% 50 §%s ~ T| 47w 83 Punta Alegre Sugar. 0w 3 o 45% Wrigley (V«m.!r{) ... :; 51 b2 — Srown ctfs. i 45% 23 Kresg . % + 1% 25% Pure Ol (2)..... 29 ¢ % 601 Yale & Towne Mfg (15).. 1% 601 60% — D e o e o ats e atey = WM e by Tiab st (0). 1604 152 11561 — 6 | 1130% 108" Pure Oil pt (8- 109 109 109 2274 Yellow Tr & Coach(75c).. 30 279 291 — TN e e s A B 188 188 1“ F14%| 19 105 Lee Rubber & Tire. . 1% 10% = 1% 821 Radio Corpof Am....... 38% 821 57 90 Yellow Tr & Coach pf(7). 96% 95 951 — ! g " S T SR e S T T1P4] 881 69 Lehigh Valley (3%) 82% 75% 82 + 1 | ga* 4a7 RadplCorof Am pr(3%). 46% 4475 345 63 YoungstownS&T (4)eee 9% 5 78 4 TEADING BAROMETERS ) 42 asIenes 5 3. |Nees a5 Lenns Flnk(:!o). 36% 33% 4% — 63% 63% Railwy Steel Springs(4). 63% 531 61 Showing trend of important factors. . Coca-Cola pf (T).1vvaaees 100 100 100 + 1 | 21% 171 Life Savers (400 200 1 20" 1 17% 10% Ray Consol Copper...... 121 104 1i% RIGHTS—EXPIRE. Present trend. R 27% Colorado el & Trons+.s. 2% 30— 1| M 57 {;}“;{::fi’é’;‘(m- Tow Th, I8+ 2% o1 69% Reading (4)..... 854 79 8a% Vi pac Gac & BlooMardl. o 2% 14 2% + 3| Business in dollars (checks cashed) . . Steady b 4434 Colorado & Southern. ... B2 . Gbu -~ 08 ESM MeEettR B T i gos T 14| 41% 8% Reading 1stpf ()....... 41 40% 403 % Pub Serv, N J, Mar 8 %\ 1% s Employment Dept. of Labor) . . Increasing 3 0 kitueann R0 daL Bl < O e B EE e Tisca e (ot 12‘3 TR 12 * | 4% 36u Reading 2a vt 1) : T % 204 16% Reading, Juiyt......... 191 17 180 _ 4 ages (Dept. of ¢ Inereasing i 90 45% Columbla Gas & BI(2.60). B1% 75% 78% — 1%| 74% 58 LimaLoo ) e Bou D9 —1X| 60% 43 Reld Ice Cream (3) T &u| 88 713 SchulteStores March i5.. T4 7214 721 g Con of living (haustetal Conference Board). . + 22 15 1044 Columbla Gas & 1 pECD). 1143 18% 1145 — 3 el el I e 3 T 1t[127° 46% Remington Typewriter Z %] "8 ' % Seaboard Air Line. . % Wholesale prices (Fisher's Index) . necn..lm: — 48 e B e R I R B abk Lora Bl AL Vil A o Lot D, = %| G% 3% White Motor Apr 10. 5 3% Agricultural prices (Dept. of I’\;rl)(-ullur St T 20 29% Commer Credit (1 2 o & " % %2 Movement of s (car Ings) . - 15 904 96 Commer Cred Istpf(6%). 981 98 o734 — 1 ey b LB U T 1354 + 3% | 234 10 Replogle Steel. Dividend rates 8 given in the abovs tabls are the annual cash | Retail {rade (Federal Reserve Board) . + 48 ? 8414 B0 Commer Invest Tr (8.60). 69 65 65 — 4 b %L 64% 424 Republic Iron & & payments based on the latest quarterly or half yearly ernuonl. Wholesale trade (l"ederal Reserve l!osrd) vene 0.0 ! 4« 95 95 _ oy| 28% 12 Louisiana Oil Refining... 16% 12 14t — 95 844 Republic Iron & S{pr(i>. 84 93 53 — 114 al dividen e 100 95 CommerInvTrpr(6%).. 98% 95 95 oy | 28% 12 R 5 P t Unless otherwise noted, watra or spectal dividends are not ine) Failures (Dun’s) o + 4 SA (4 qu 124 ,sg\, i zl« 26% 22% LoulsGas& EICIA(IN) 25 = 22%) 241 18 5% Reynolds Sprin, 0 6% 7 % *Partly stock. {Partly extra. 3Plus 4% in etock »:.m.- . ] 190 :2 e ) 1 {148 106 TLouis & Nashville (6) 1204 120 12774 981 721 Reynolds Tobacco B (4).. 951 9212 95 i quarterly. §Parable in preferred stock. TPlus 27 % in stock, $:3s 12“ 8% w:"";lwm o i 198 1 60 31% Ludlum Steel (2). 00% 40% 45% — 4% | 281 10 Robert Reis&Co........ 15 11% aid this year: no regular rate. 10% ia A common steck B 63 Hobert BeisdGotatihiu B B1 B0 (1w |Mae B eeariorin "5 Fioe 0% & chochn bex 964 Ownselidated Olgar.s s “r“ m-u[m 94 MoCrery Seves ($5.600ee 200 = 84 _ e -~y