Evening Star Newspaper, March 10, 1926, Page 30

0 ¥ FINANCIAL 8 : G STAR, WASHINGTON, | WEDNESDAY, MARCH 10, 1926 FINANCIA ROCHTod My Tt T st Lot Recelved by Private Wire Direct te The Star Office STICKS STRONGER | Ew vore_s7oc: Excriance ] [PRLES WIRKING UP| oz s BONDS e Erom sEtossuant T £ CHNEDEY | Adams Exp (6) 3 Granby Consol. 20 Lib3ks... 100 28 101 USRub7%6...... 6 107% 107% 107% Checke Decline and Mar- Ahumada (1) H . ‘ Grt North pt (5) . 7 I ;;‘4‘;2‘. 148 :gg e 3oy |Uianrewaress. . 53 lgg% ’33’;: oo ket Starts Up i1 |Air Reduotn(i3). 4 t Nor Ore (1%). 25% Wi f s. 10026 10027 |Utah Pow & Lt Gs.. A Steel Shows Advance—Rail|4j;crsnn!?- g 14 Ut Grt Watn Su ( i t|List Fails to Show Any In-| Civsaiis. 143 1017 1014 1014+ |VertientesSug7s.. 16 98 98 98 Elected Treasurer of Cone. Allied Chem (4). 122t 130% 122 green Canan Y 3] f A tivit F h };'g :lhlg‘%‘fi ng :32 39 102 18 132 1& &'nr:xglsu: 7841.. 1:3'»2 lgtlb’/. 3 ti tal T - i Allled Cm pf (7). 120% 120% 120% uantanamo.... 8§ 5 — 51944 49 1045 104 est Elec 6. v the Associated Press. . . E - () o B ome |t Sy 7 + (e il Kt Wontinghouse 106 10| CHICAGO, March 10.—Influenced RSN -y Am Agricul C 1A . ulf States 8 . . Downward. |Am AgriChpf . i 3;‘ it Hayes W (§3%) . Issues Recover. F°RESI.E‘N~ Close, | WillYB OV 634333 11 1021 102% 1024 1 chiefly by the Government report on ing Here Is Steady. ‘Am Bank N 1.60 " 37% el Arzentine 63 Ju 59. "oy oarh sa"-Cgge; | Wilson & Co 1st 4. 7 100% 100% 100% | domestic fram reserve stocks, wheat = = Am Beet : Housahd (13 Argentine 65 0ct 59 21 98y, 98 98k | W.nchester ATys. 81024 102 1034 | 450y ook a decided heavy downturn. e . 3%). ! » 4 2 102 ks BY STUART P. WEST. RS DL IR S e 3% 634 O e Er anE ArEentins e A 9810 98y gay|YOUNEStRI & TCR.. 65 1025 102 10BN ) B T tine, however, new com-| BY EDWARD C. STON . Special Dispatch to The Stat A BrBoveri .. Hadson Mot T Bpecial Dispatch to The Star. T e o RAILROAD. | mission house buying developed and| oL Franklin Schreider, jr., has been” | NEW YORK, March 10.—The stk | Am Br Bo pf (7). 90% 90% 0% | Hupp Mot (1)... 22 26 22%| NEW YORK, March 10.—Prices|Australian . Orve 9ris | Alchinonadidn. ... L B Bosw “bore| much of the setback was overcome. | Trugt Co. by twe Toars o memre! I market turned strong Sellt tie|Am el T ilinois Cen (7). 116% 117% 1163 117% | Worked higher in bonds today but[fusiriaTs. ... ...t 101 101% | Atlantic C L 1st 45. 3 943 94% 94w | A good deal of the fresh buylng ap-|according to announcement made to. - Nt without Any suggestion of |Am Can pf (7). 1241; 124% 154% 111 Cent pf (6)... 137% 1173 117% without any ipcrease of activity Bant of “,,':,,“;’" Lo :g"‘ Atlantic CLcl 4s.. 18 924 92 92%} parently was based on assertions that d:vnb!“_“'flde H. Cooper, president’, < Fenewat of the main advance. |am Cy 1025 108 102 [ndep Ol (1). ... 264 2% 23% 20| The improvement was more notice-Belgium 6t .. e O T & LT | feFm: supniiess eatsumbed onvaipesl Ty Se SRR L o : ared to be a cas m Chain 4 % . 4 Motor (2). i 21% i i : 4 Mr. s ider was born a eared (.P{’_“fi?r‘:“i_n“'.;g}:“::’sh{,,li o] [ s i ';’,‘“‘ f:?; Indian Refining.. 1134 11% 11% able in raflroad and industrial obli- | Belglum 63;s. 94 |Atl& Dan 2d 48 48.. capita basis are the lowest on record, | in Washington, fitted for college a. 'v‘heyr't:oun}l that there was no further | Am Chicle ctta 2 2 4l Inland St1pf(7). 111 111 111 gations of the higher grades than it 2 b 7 91 and that with a monthly milling con- (‘m:aml High School and was grad liquidation. Prices closed around the :m Drug . v i % 5 i::g!r-s\:{uz‘:‘.. 24 24 2; was in United States Government|pelyium 8y X . i ception of 35,000,000 to .40,000,0.0 l::flt"’mf“nm\"lzx>“( niversity ;-»rlwm- 4 Am Express (5). 12412 124% 124% 12 rurb Rap Tr. 5 o 2 % 4 ¢ = "] svlvenia. He was engaged in then “®ne of the features toward (he end Am & For Tow. | ‘a0 ‘o ‘20 26% |INtcontal Rubber 185 194 18% A C el COli ordorus b . ‘ ; R Lo Lo e G L L e e ied Chemical. up nearly 10 'Am & Fo P pt (1) 3 98 Internat Agrl. . . 7 19% week in the Liberty list apparently | Brosnx 64- points, The rubber and tite S| Am Hide & L pf. . 56\ 65 Int Bus Mach(3) @ had discounted the monev situa- Ipr, g """ np 6 st | Al e nk were gotive and strong —United § Am Ice (410).. 1228 121 122% | Int Cement (4). . ) tion for the present. Atchlson Gen- |cunagq pa 1o - I 904 904/ irtual ‘exhaustion, of supplies before | 6% &80 been a ratlonal Rubber, - h, S Am Internatl.... 8 9 o 9w | Int Com Eng (2). Ve Y% 43% 14 & 9 ithin 6s1931.... Y B&O Sw Div 68 cfs. 99 99% the new crop is harvested. The open- " e Ao 3 Am La Fr (1), . 89, | Internat Har (5). g eral 4s, today, got up to 91 within a|Canada 5» 19 . Bklyn Manhat és 98% 94 iy 3o 23 lower, May (new) 1.56% The Continental's new treéasurer 4~ 'Ae:\‘d’:r SEoD) with an ad-|Am Linseed. . 28 IntMtchpf(3.20). 63 63 % point of the year's record. and |Canada5ige 1929, Buff R & Pitt 448, % 88% B89%| Frci 0T July 136a1.37, was fol. | vice president of the ro Apart’ : ) e . - S = |Chile 7519 1o, . vance of over 3 poin! L Coast | Am Loco (8). 09 105 Int Mer Marine.. United States Steel sinking fund &s |crie = 1018 _|canada Soutn 5. .. 108% 108% ) lowed by @ slight further drop and | 7ont House Co. the Forence Court T 99 99 i ¥ : = ints. Stewart- |Am Meta! % 53 Int Mer Mar pf. . 4 t 106 % moi Tues : LAngg ! e was up some 7 points. Stewart- {Am Metals (4)... 52t 52% 5% 4 D ! a were up a 3 point over Tues- | Can Nat 435 30. 9 then by a general rally. e 4 ot e e aned forward over 3 points. | Am Radiator (4). 114 - 114 = 118 Int Nickel (2). .. day's close. There was unusual in.{Cnie 81941 Canad North 6 s . 118% 118 | ' Corn and uats were governed largely | 1°7 Apartmenit House Co. He is 4 General Electric and other high-priced Ry Exp (6).. 781 78 78% lmll;;lper.“ s terest taken . in St. Louis-San Fran- | ? ’ . 140y | Canad North 78 i 116% 116% 1164 | by the action of wheal. After open- | poco et o Dot O Tade, the industrials were proportionately high-|Am Safetv R (3). 6415 04ly 541 ntl Paper pf (7). 95 95 5 | cisco prior len “A™ 4s above 79 and |con, o lPa T Canud Pac deb 4s. .. 4 82% 83%|ing 5 to 11 lower, May, 77a77%, corn | o209 %¢ Club. the st Upsilon col e States Steel crossed 125, 08 | Am Ship & Com.. 8 8% 8 i |Int Shoe (6).... .. a fractional advance was recorded by | copg piocs 0 %% LRkl CarClinch & 0 6s.. 3 107% 107% 107% | sagged & little more and then recov-| Countoy Cing, 270 the Congressiona against Tuesday’s close of s [Am Sm & Ref (7). 126% 130% 126% 180% | Int Tel & Tel (6). s American Smeitiug and Refining 5. | 00 02 - 14 10214 Kl cant of Ga s, ..., - 1024 102% | ared somewhat. untry Club. vise in the railway |[Am Snuff (12). .. 143 144 148 Intertype (+1%). 2 In high vielding securities a large| 0010 {2 irers. .. ¢ | Central Pacific 4s.. 16 90 90%| Qats started 3 to s off, May 3% Trading Is Steady. equiprient shares was the result of | Am Snuff pt (6) 214 102 JewelTea....... 83 3 block of BrooklynManhattan 6s was OO (8 E 5 Cent Pac 15t 55 90. .109 99 $9%|301,. Later the market became| Today's trading on the Washing- “hort coverings in s market wheve |Am Stl Fdys (3). 43! Jewel Tea pf(7). 124 124 12 offered in the outside market, but{ == =0 5l Ches & O cv 4158 98% 98% | firmer. ton Stock Exchange was of moderuto. ‘he floating supply was small was Am Sugar(5)... 764 7614 73 Jones Bros Tea.. 17% 18% was eunsily absorbed and on the ex- Dnn h Munic 8s B 5 Ches & O gn 4138 93 93% In line both with hog values and | Volume and at comperatively stead confirmed by what lLappened today.|Am Sugar pf (7). 1028 102% 102% Jones & Lau (7). 116 116 change the issue was quoted at a|penmark g ...... s Ches&O0cvbs..... 4 138% 140% | grain the provision market was|Price levels. 1In the bond division ‘American Locomotive came down |Am Tel&Tel (9). 148% 14814 148% : [ Jordon Mot (3).. b4% B5% . | fractional advance. Interborough re-|D E In53%s Nov53. Chi & Alton 348 3 4 064 ET% City and Suburban 5s sold at 86%. sharply and Baldwin was freely sup- | Am Tobacco (8). 115% 116% 115t 1184 |1 " funding 5e, unstamped, sold above 70 |Dutch EastI6s 47., 2 4| Chi& Alt 3158 ctfs, 37 6 . Washington Railway and Electric 4w ey Am Tobac B (8). 114 1 eanCltvimanth. Vs 5 and Hudson and Manhattan refund.|Dutch EastI6s 62. ChiB&Q1strfos. 2 el 53% | changed hands at 81, while Potomao The prospective combination of |Am Typ Pdrs(8). 122 122 20/ piavher T 9% ing 58 did better. Chesapeake and|FinlandefGs4s... 80 Chid ETgnos... .. 28 - - B8 % 8838 | Power 74 went at 1057 Railwey Steel Springs with Ameri- |Am Wa Wo 7120 54% 57% 64% Kelfl\»:{z‘fin:. Ohio convertible ©s wagged early in|linlend7s. X el 3 Cht Great West 4. e g July .. 434 | Stock of the Capital Traction Co. can Locomotive brought some fur-jAmW W ist (7). 103 103 103 103 |=2=<ey hl (6).. 112 the day, but later advanced with the | i CM&SPcvess32efs ? A % § . sold at 1131, which was a half point rher buying into the former. But the jAm Woolen... . 32 o8, 81 Standeal) ¥ stock. Delatare and Hudson convert- :\rench 78 . 6 ? CM&StPreifect 14 1 50% |May ...... % A bove yesterday's market. Potomac Action of the Locomotive shares sug- | Am Wool pf (7). 2 e 82 im0 i ible fs were higher. Marino 63 drop. |FFench s 3 CEN e A i : : IE E Erectls Pawee nedfarrea Mocic apans gested that they had been bid upjAm Zinc 3 9 q léufan' (1.20). 64 ped below 86 to within @ half point | FTench 8 - 28 102 3 Chi® NW 61as. Septe > at 107 and sold later at 107%, Se { against a short interest and not be-}Anaconda (3)... g resge Dept 8. .. of the year's low. German El 3 9 8 89% | hjg N W 4 May e uhe A 39, shares of Union Trust Co. stock was ‘ause of a genuine desire to buy.|Archer-Daniels. . Lee Tire & Rub. . Early in the day the French issues Sh 3 102 5 102% | oni Rysgs. . 4 et ; 4737 | purchased at 233 Merchants' Trans \When this short covering was over, |ArmourDelpf(7) % 9 9 Leh&Fink ctf(3). 864 continued the recovery in evidence |eF X ChiRT& Prtds 9 VE 5 fer and Storage preferred sold early in the market for these shares slipped |Armour 1A (2) i Lifesavers (40c) Tuesday, but later reacted from the [(Fe! Gen Elec 5. .. . ChiTH&SE bs o Hoe |the session at 1001z and later lost back again x:}f’g:‘}g('fi)-)» - % | Liggett & M (+4) 5 7| high points. Irench 7s at one time g:::‘&“- Chi Union Sta bs. .. 102% 103 4 i {mr-hu point when 50 shares were SING 1S “HE e ) ‘ Lig & My B (t4). sold at 90, which compares with the i 2ioe L Chi Unton Sta 815s. 117% 117% hought at par, CLOSING IS HIGHER. As20 DG 2d (7). j 3 Lima Loco (4)... 59% 60% B 1926 high' of $1, and French 8s at|Helland Amer 6. B CRIAW Tnden e s Than 83 83% “Thirty shares of Columbia Title In. o ;}:{,'(2:}.‘{7){ S Loews Inc (2). “ 102%, agalnst” he high of 103%. “::‘;“_"“‘fl-- *lC& WI5%s62.... 30 103% 103% 103% e e strength Displayed by List in Fina - 28 12 % 1 55 nch Citles 63 were moderately s 2 Cleve Termos. ... 102% 102% While 10 shares of Mergenthaler Lino. & Atchison pf (5).. 941 Long Bell A (4). % 49 higher also. German 7s gainea a half | Japanese 8. 1 C&Sist4s29..... 2 985 95s| GUARD AGAINST FAILURES jtspe were traded in at 108, the same Hours of Trading. aaDime S TR e Loose-Wiles point and in_ the South American |Japanesedus. . .. lo & Sou 4%, ... o 96% 96% as yesterday’s levels. N YORK. March 10 (®) —The it . | 290% T Lorillard(3) 40% 40% 8 group Bollvia 8s touched par again. |JOr&ens UM6s47.. Cuba R R bs. 2 9% 92% . .lo‘;l?'x‘ng\ug strong. Signs of return- [AtGUIt& WI... 48% 43% 484 43% |LouisianaOll.... 15% 164 The most Interesting new offering | Liyon 6s Cuba N R 65 66 5% 86 | BY the Associsted Presn. p Stisefier Loaves Star. ing confidence continues to appear in A"M:"e\-"'"n"“ 101% 101% 101 | LouisGasA(1.75) 24 244 24 | was $14.000,000 in 43% per cent deben. | Marseilie é . 8 | oaien el : i NEW YORK, ) h 10.—The abil-f Charles P. Shaefer has resigned i 1he late trading. with short covering A“:';{',‘C*"’" 224 22% 2% 2% |7ouin& Nsh (6). 1277 180% " tures of the federal intermediate cred- {'{“‘fl{-’" assented. 36% Deu"“g o “’&w 1% ;2" ity of numerous brockerage houses In| position as fi editor of 1 and occasional distributions of pool |AutoKnitter.. FUTES R U Ludlum (2) . 4Dk 47 it banks, offered to vield from 3.50 to ;\,0"“‘““0 oSSt i b « 1935 | the financal district to withstand the| Star to become the local represent: e Caniers. atding the advance. | BaldwinL. (7)... 108 108% d07h MCroryB(15.61). 935 93 9 300 per_cent., Thoy, wers offered in| NEHECRE0 28 1005 | Den & Rio @ o1 4 5% 1095 | ek of the rectnt break n the stock | dte or Ntckubin, Gosdrih & Cor- Gains of 3 to 6% points were recorded | Baito & Ohio(5). 88y, 89t 884 MeclIntyre P (1). 25y three maturities, the longest of which | N8 Ll " 'D&RioG i 98s, | market. the most severe in years, 18| Baltimore bankers. who are planning by & number of high priced stocks, in- |Bal& Ohpf (4).. 69 69 685% Mack Tracks (6), 128% 125% .| falls due January 15, 1927 2 a 1 s B i g 2 ot |sttributed in big measure to the new | ¢, open . branch office here in the cluding *Sears-Roebuck, Allied Chemi- g::n:gaggfix. 2 21 2 Mack T 15t (7)., 110 Lo RGN AP R < A | Dét Unitea s358. . 90w, | Tules and rrg\xffi;xn&zt;:{"‘m%f&;t near future. This firm, which ha< I, Famous Plavers, Atlantic Coast |Barnsda 2).. 28% @l Mackay (7)..... 132% 132% CALL MONEY RATES. Notwiy 661044 3 Bta Yt cons 4a. 761 | Exchange and n or been in business over 23 years, does ine, Nickel Plate, General Motors,|Bayuk Cigar..... 41 41 Magma Cop (3).. 41 41 Norway 6s 1963 4 Erie o 68% | Vigllance over operations of its mem-} ynderwriting in addition to dealing du Pont and General Electric. Total | Beech-Nut (13).. 62 62% Mallison & Co... 26K 27% NEW YORK. March 10 U®.—Calli 55 000 Gat 64 R 71y | PErS- in bonds and stocks and 19 a member <ales approximated 1,600,000 shares. |Belding Bros(3). 5% 36% 85% 30% |Man I Sup(4is) go% | money—Firm; 'high, 4%;: low, 4;|prient Deydep 6s. = rdod 13 ! T0% 714] "he ansence of financial embaiTass| of (ne Baltimors and New York Stock Bethlehem Steel. 1% 42% Man El gtd (d5). f ruling, 4; closing bid, 434: offered at |pat,S ¥ JEod B | Er =it 0% 7% ment which ordinarily accompanies|fychanges, Before entering the ' ;etllsll_j‘p)fxf\ .+ 100% 100% 100% Man Shirt (113). %; last loan, 43;; call loans against|p i 'orieans 7. Ei 4 S = “‘,7‘: 167- such heavy slumps in prices as those | o wepunen’felq Mr. Shaeffer obtained Markets at a Glance =k iah el R Maracatbo O1. . . 4 % ; oy 5 . : e 1075 1078 | ¢ “the first week in February, seme | pUGPAIEn TEIQ B e g Boany A (4).... % %6 85 Marland O1] (4) . " " mixed collateral, 60-90 da: %; FIaEC e oo, 100y, |times with several failures, w AlSatder Brobin & Co.. He wil ors Bklvf\'!:(flsvr‘r\((s))-' 81% 81% 81'i 31%|Mariin Rock (2). ‘ % 4%; prime mercantile pa- Gr Trunk sf db 6. 107~ 107 |to have been due to better oarth of | everal weeks in the Baltimors office CEW (#).—Stocks, higher; [ Bkin-M 2 . Martin-Parry(2). o « | Grana Trunk 7 « 116% 1155 | customers’ accounts and dearth of} ., hecome thoroughly familiar with NEW YORK (#).—Stocks, higher: |Bkin-Mn Tr (4). Aathtanon (3 2 : T R T S enaloh ot credit: il oroug investment rails strong: }dre Mar- | Bkln Un G(+11). 4% 5 ¥ & Fchekald - 2rea: Q_or::fi; ¥ g:w. lgaw gy ”i:e“-h:mrg,mmv‘ m‘e;bodw_?nd fl\l‘e'r. auette rallles on dividend action.|Brown Shoe (2).. 41 T i % sreat North 6i4s. 1045 104% e e Skt L LG O S Ronds, firm; French issues continue | Brown Shpf (7). 2 A e ultperran. Queensland Gr North gen 7s.... s 112 | HUGE INTERNATIONAL haeffer has a host of friends in the, recovery. Foreign exchanges, mixed; | Brunswick Balk. 26 264 26 e Hana . T 3 Fr v e % | Rio de Jan 85 1946 G MOb&N 5.5 1 50 104 104 | focal financial district who wish him Norwegian kroner advance. dcmmn, gn;r;:wl:l;‘rer E W 108 10% Miam! Cop (1) St L Southwest 57 : }iifil’«i’fié’éfix‘.‘, ;:3; 2.11}‘;.!.”1 50. 8 93¢ gi: gi;.; BANKlNG HOUSE PLANNED; avery success in his new venture. lower; unfavorable cotton goods mar.|Buf Roch& P(6). 77k 7% 77% Mid * ige - 8 A A 3 10 G 3 k anreffs.. 2 94 94% 94 Bond Offerings T Jcets! | WSikgac. Hikner; (80D uropean BN EDE 18). SO EBRL OB Midais Seaten. . SERbosaAIEY o 9 i iekpe g S TSk 78 78| NEW YORK, March 10 (P).—Plans Wi gs Today. demand. Coffee, steady; commission |Burns Br B (2).. 34% 3841 34 Midland pf (19). . Seaboard A L rts % 4 % 1Sao Paulo 8s 1936. o ’ Cen 4353....... 86% 86% | are under way, it was learned in Wall | Bx Sroy ¥ house buying. Bush Terminal.. 18% 18% 18% Miller R ctfs(2) 42" |Seabd Alr L pf. fiso Banlo 1950 e L 103 ° 1034 | Street today, for the tormation of a | Bankers Trust Co. are offering tods ICAGO ——Wheat, firm; light re.|Butte&Super(2). 13% 13% 13% o0, e B Saxon (P W) 7 4 95% | 111-C-C StL&NO Gs. 100% 100% | |, ivate international bank with | $13 0 Federal Intermed CHICAGO- eat, ; ligl Minn & St Louts. g Beagrave (1.20) 78 42 5 2 HEgO DY 5 Credit Bank 4! ! - ceipts. Corn, steady; sympathy with|Butterick....... 18% 19% 19 M St P & SSM pf. Sears-Roebk (8) . §clr‘1.e 842 . {nt Rap Tran 6s....102 69% 71 | g gubscribed capital of $50,000,000. It} d;n qupr‘:ln.( 2 per cent debent Wheat, Caitle, firm. Hogs, higher. |Calif Pkg (18)... 134 134 133% isKan & Tex.. 88 894 Seneca Copper. .. & eI siuae.. RERSD Txosatpd. 169 62 834 s understood that the institution is | due werl LS Calif Petrol (2).. 83% S8% 83w MoK&Tpf (3). 88 88% Shattuck F G(2). J P 102 e L i T L Oy Thew: ; ; ¢ bank w AMERICAN WOOLEN CO. |GiiTrrecing. "au 'S 'sos Missouri Pac pf.. T84 18 T8 Shubert Thoatrs. Rt 8 108% 104% 104% | [nt & G Nor 1st s 104 1001 | e P o finance forelgn and | notes are issued by the 12 Federal e AR TR (1) g‘“"“"mpf-' Col e e Swiss 5ae 1946, 103% Int & G Nor aj 8s. 72 924 | domestic securities issues, including | Intermediate Credit Banks., each ofs SHOWS $949,172 PROFIT |cent Leather pt. 60 60% 60 68 |MontPow oty 116 s SimmaTel (1), 28 3% Swiss Confed 85 116% lowa Cent 18t 5. .. i 63% 63%| puropean and South American gov-| Which is primarily liable for the p: y C.n-eDoP(l)n e e, hh;nnt o-‘% M. l;g% 1_1[6‘& Y mms Pet (1) Utd Kingm 5338 29. 10 118% Kan City Ft S 4s... 22 91 91%| arnment loans, as well as municipal, | ment of interest and ultimatel NEW YORK, March 10 UP).—Net | Gortain Tocd (4). son sors 46 s ol 4 Utd Kingm 51937 36 104% Kansas City § 35 6% T5% | fdumirial and railroad securities. | the payment of any debenture lssued profits of the American Woolen Co.[Chung-Clove.«. 20" 20 20 20 |Mothr Lode(se) o 1 Skelly OIl (2) Utd Steam Copen 65 49 9% Kansas City S 5s. 85% 85% 3 b e e { by any_other Intermediate Credit for 1925 totaled 3949172 after taxes. |Chand.Clovpf... 41 414 41 41 |MoPloture(1i3). 23% 23 2% 20% [Sloss Sheff (8) MISCELLANEOUS. Take Snore 4a 28 B Sl PLANS STOCK ISSUE. idirect supervisian " of the Tedorsy charges and depreciation, compared |Chesa&Ohio (4).. 127 12:& 126% 127% | Motor Met(3.60). 44 444 Sloss-Shf pf (7). 5 e R " 3 I o . i 8 8 8 arm je in Texas, . 000,000 bushels it is still probable the j and is a former of the Com B&OTfimp6s. ... 106% 108 | 1 0 ciates will be confronted with | Mercial State Bank of Dallas. He pacm @ eo ao woEonsinEd with a met loss of $6,944,420 in 1924, |Cni & Alton. Motor WhI (2)... 80% 305 3 South Port S (8). O3 156 | Am AsriCnemi4s 5 lods 10w Louisa Nt i Sew odn | r~hen operations of the Shawseen |Chi& Alton pf., W 124 12K 124 |Mullfns Body.... 16 South Pac (8)... 9 Am Chainés. .. 13 100% 100% el 97 81| BALTIMORE, March 10 (Speciall— | and Webster Mills were omitted from |Chi Great Wes . 9% 9% 9%|Munsingwr (3).. Southern Ry (7). 113 {Am Smit& R 1st 55. 18 100% 100 Louts & X S F 100" ,2,7'“{ An application for permission to issue; . vorth, president of the Soulvalenttoai Wi ey TR S 2 | Murray Body.... o 18% South Ry pf (5) 89% [ Am Smit & R 65 1074 107 Louls & Nash 635 1075 1075 | $300.000 worth of preferred stock has | Digtrict Underwriters Acsoclation ,un'v L s ooy cni :\1;105:? 5 1 12 | Nash Motors.... 9% 60% gmc(;: :f.rgfl RE 281 :;: ;‘u&:#’:‘e{ c: 104 103% Louls & Nash 7s. ... 106% 1056% 105% | been filed with "r;' P“bléclfim':?&*)n" {announces that Dr. Huehner, » The year's total deflcit after pay-|C M & St Petfs.. o Wl sl g St4G & Elpf(4). ; A RET ot os. . Man Ry 1st 50 5 63% 63% 63y |mission by the Potomac Tidison Co. | professor of insurance in the Whars. 7 Nat Biscult (M), 82 82% Sk The Potomac Edison C ton School of Finance, University of. ment of preferred and subsidiary divi- | C MUSSLP pf ofs. 1T% 17% 17%|nue Gosh Reg A : Std O1l Calif (2). AmT&Ts5s.... 1 | Market St 7s 4 98% 98K | ipe Jargest light and power companies | penpsvivania. will be the leading dends stood at $2,635,578, in contrast |Chi& Nwn (4)... 70 70k 0 TOW|NG( Cloak (... StdONNJI (D). H Am T & T deb 515 MilEIRy & Los. ! sl | RO atarne My | s o rau i willfhe (e sietis with the deficit of $11,969,837 for the | Chi RI&Pac.... 48% 46W 477 | nope Clouk pf (7). . « | Std OIINJ pt (7). Am Water Wks o5, MStP 338gtd 8% 98% 98 |jang. tomorrow evening o'clock at the e e e Sou o7 S |NatDalry ... | St ers (. o e ey o MESTnE ! 80w 854) The Public Service Commission cr | Ralelgh Hotel. His ¢ e a s e p . & Sterltng Pro 3 Anac v db A SB.... 2 W& 82% - o1 pplica . It ) 1 of inore than $5,000,000 which had been |Chife Cop (2%).. S3% Oy dzhu| VAt DntEtores:. 7% | Stewart War (8). ot Rrbes Gop Terets MIC& T adfon. ... 162 e e D el s e ilualt held in insurance fund and pension |Christie Brown.. 49% 9% 49% |t ot e bt Stromberg (6) | Armour&Co 4348 rf MEK&TprinssA. 97% 97% | the offices of the commission, at which | economist and tb reserves had been restored to the |ChryslerCorp(3). 42 42 41% 423 |(8% RHUSTE B Studebaker (5).. | Armour Del 5¥%8s. ME&TG6sC. 2% 1024 102% | time the company will explain in de-|ywall known books. Many people in profit and loss surplus, bringing this | Chrysler pfA(8). 105% 105% 106% 108% (4t Foames &8. SubmarineBoat. 3 8 + 3 |Associatea Oll6s... Mo Pacific gen 60% 674 | tail its plan for the use of the money | Washington Anancial circles who arg. !“gaug‘q.visthe end n’tqlhe_ year up to golcz‘to}z (’1).... 137 lgl% 1:6\1 1;0'/. Nat Pwa&Lt(400), SunOfl (1)...... A Atlantic Refin 53. Mo Pac 58 1986..... 934 93% | rajsed by the stock issue. ! not directly connected with the ines 123,324,616, against $22.127.355 the year |Col Fuel & Tron . 80 81 80% 31| NGt Gupply (3); o 61 SuperforOll..... 8 3 Barnsdall 68 ctfs. .. oD 103% 104 ol : | surance business have accepted in- ofore. C. F. Ayers an . L. 8. e 3 5 B6% NOTex & M(7). 128% 128% Symington...... Bell Tel Pa 55 B.... Mo Fic e 1, ... . 103% 104 ives Ordered ! vitations to attend the banquet F.Km)ud)n,dd was am;oum‘ed. have been . 79 ;g Nevado Cop (1).. 13% 18% Symington A(2). Bell Tel Pa 5s C Mont Trm ref . 9Tk 97w 20 Locomotives Ordered. Wil Spéak ons. Baving elected directors of the company to |Col Carbon . L NY Air B > . 5 : 3 5 ‘ N M5sB.. CEW YOR 5 —Amer- § o g A succeed F. R. Edington, resigned, |Com Cred (2).... 33 33 B B sy, o o Texas Colty 0. 11 Deth Steel S34m 5 a1l JXoTE e 103 100 Ty et s e L e Bl el and the late William M. Wood. Sl . o % INY Contral (7). 128 126% Tex Guif S (10). 1 Bethlehem Steel 65. Y Cent 45 98... . 87 s7%|order from the Chicago, Rock Island | of education here for the American R SomarGa D o 85 SS%INYCaStL (e).. 168 Tex & Pacific.... b1Y Brier H St 1st 515, 2 2 Y Cent debds. .. 95 964 |and Pacific for 10 Mikado and 10instituts of Banking reports that BUTTER IS HIGHER. Comie A 145% 141 NYC&StL pf (6). 9 Tex& PacC&O. Bkiyn Union 5338 YCentribs... 102% 1024 | mountain-type locomotive urer of the Amefican Security & B e s e L I In |xumeEae.. B The Fair (2.40).. . Calif Pote 6%s... .. 108% 103% [N ¥ Cent LS cl 3%s B ————— | TEuat €0 willba e mett Rk CHICAGO, March 10 UP).—Butter— | Com Solv B 20% 19% 19% |NY On & West 24 % | Third Avenue. .. Cen Leath 6s 45 cfs 100% 100% | NY ChI&StL5%s A 100% 100%s TEEL SCRAP ADVANCES i the raiitol clma i, b Higher; receipts, 6,000 tubs, creamery | Congo! : NY Rys part fs. 4" | Thompson(3.60). Chile Copper 68 82.. 106% 106% | NY Chi&StL 515 B 1a0% 1005 | S o | condusted fievees, e Bl wIIE dheas Standards. 433: extra |Conley (sta) % % *NY Rys pf t cfs. 858% 855 Tide Water(113). {Col Gas & Eloa. . 100%4_100% [N ¥ C& St L 63 A 108% 1031 | NEW YORK., March 10 0P).— |conducted nere. Afe Dulln will speal 4213, tirsts, 4013a41%; | Consol Cigar. .. . Norfk & Wn(48). 146% 147 Tide W Ol pf(3). 9 Commontwlith P 6s. 1034% 7103y [ New Havenc d 6= Y 80 Heavy melting steel scrap has heen . pl o S 0 SE f,‘,,g W \L,. " . 37a393,. l.xg:’—lllsher; re- | Consol Distribut. 3 s 34 North A (B3.40). 68% 55 Timken (14)..... s % Con Coal Md 1st 58 5 84% 85 Y Ont W 1st ds. .. 3 advanced 60 cents a ton in the Pittts- y oo O Lo at g ‘u‘-'(h‘,‘,k i 13835 cases: extra iirsts; 27; | Consol Gas (3). - i 95% 4% 95% |North Am pf(3). 49% 49% Tobac Prod (7). . Con Gas N ¥ 5%s. . 106 105 |N Y State Ry 4135 4 bureh district, quotations now ranging | y e’ olaned the campalgn hims firsts, 26; ordinary firsts, 241;. Consol Textile. .. 2% 2% 2% |North Pac (5)... 0% 71% % |Tob Prod A (7).. Consumers Pow Gs. 994 99% |N Y Rys6s65...... . from $18 to $18.60. Prices in the i, " oek with an address on t ST e A Cont Can (16)... 80% 81 80% 81 |Norwalk (1.60).. 12% 13% Transcont Ol. .. Cuba Canecv7s.... NYW&Bos4%s.. Youngstown district also are Stronger, | yicior " growth and importance of LIGGETT SALES GAIN Cont Insur (6) 184% 134% ranibis Dhasre oot (6) Cuba Canecv 8s.... . 9914 Norfolk & W cn 4s. transactions of 25,000 tons in the last | PIEIOTY. Spsle . 3 Cont Mot (80c).. 1% 1% Onyx Hos bt (7). Un Bag & Paper. Denyer Gas oe. . Northern Pac8s.... week having been made at $17.25 for : NEW YORK, March 10 (9. —Salen | Corn Prod (2) . 89 8% Oppenheim (8). . Un Carbide (8)-+ o | Dot Edison ref 6. .. 108 N T L % | heavy melting and §15.75 for hydraulie Revenne Freight Loading. of Louis K. Liggett Co., subsidiary of | Crex Carpet (4). 425 4% )z o= Dodge w i 68.. . Northern Pac b teel, representing an advance of 25 s ; " United Drug, for the first two months | Crucibie Stl (5).. IS CIE(E). i - Donner Steel 7s. ... Northern Pacr | 85. Sents from the recent low. e O enLL for U this year were $7.664,871. against |CubaCaneSu.... (M oo 1 D e i0se DuqL & P5%8 9. 3 Ore Short L ref 4s. . B R from January 1 until February 27. i $6.489.000 a year ago, « gain of 18 |CubaCaneSupf. 421 OvensBot (145, N ATBLL (E0c). b % | Duguesne Light 65. OreShort L cn 3s 46 5 ET clustve—totaled 8,108,459 cars, accord - ner cent Ll g0 g L Owens B pf (7). Utd Cigar(*34). 94% Est Cuba Sug 7138. 15| Ore Wash 1st rf 4s. ; METAL MARKET. ing to reports just filed by the cu e i . Cuban Am S (2). % . United Drug (8) . Empire G & F T1ss. 1 [ Pennsylcon a5, .. NEW YORK, March 10 (#).—Cop- | riers with the car service division ot Cuban Domin. ... Pacific Gas (8)... 4 UtdDrg 15t(3%). 56% Fisk Rubber 8s. 6% Pennsyl gen 43;s. et steady: electrolytic, spot and fu-[the American Railway Assoctation PARIS PRICES IMPROVE. |CubanDompt, .. BS e 2% |vea Frute (412 (GooUEIChie SR .. . - s deece - Tires, 14'%al4%. Tin firm: spot and| This was an increase of 28,463 car JARIS, March 10, UP)—Prices. iny. | CHsRmann BECT). 100% 100% Pac Oil (3)...... 5 e, Goodyear 85 1931. .. Pennsyl 68 64. 3 0 tutures. 6350, Iron |over the corresponding period lasf e e e ole i Devison Cliben 874 5% B, | Packerd Mot (6. Utd Ry Tnves pf. Goodyear b3 1941. . Pennsyl 6%s..... 1124 1125 " prices _unchanged. year and an increase of 182,370 cars per cent rentos, 49 francs 5 centimes. | Doy & 43 (9)... R AT AN, . USCIP&F(10). Hershey 6% D% 01 | EERALORIIE. - s M iae spot. 8.60. Zinc eas: s o e e RO TR 192 3 . ; | D . 5 USCIPDL(D).. 4 - : = i spot and futures, 7. . L e TR e R e -40) . 3 & U S Hoffman (3). inois Bell 18t 58. . % e e e PR 3 5 = Int Mer Marine 6s.. » 854% 10 G Wi E 7 - 1% Fork O 5 - v —_———— Dome Mines (3) . Park & Tilford. . ggg:tlbtzl}l) nt Mer - 2 aie gm ;}?Ark;s;‘c‘l‘:i ! ;f: (Lo wr= % New York City. a flnancial advertis GOODS EASIER. Douglas Pec (1) Park Utah (60c). o s 91%| NEW YORK, March 10.—Fresh re-|ing; agency, left Washington lasi DRY GOODS . ST IS T iy e US Rub 1t (8) eces...... . e NS s6%, 96% | ceipts of barreled apples were LEht {night for Atlanta, Ga.. Whore he s NEW YORK., March 10.—Cotfon | Dupont (10.. ... 219% 325 = 2187 Penn C & Coke U 8 Bmelt (335) It Me Cohes. . NiA1eW LLIWID LIe s naan Y 0% y. but considerable stock Was scheduled to address the savings se- roods prices were easier today and | pupont (115). 108% 10234 Pennsy RR (3) ! Kan CP&L 58 A 62.. 1004 201% | ot o 0 D n e 79% | carried over. Strictly fancy fruit Was i tion of the American Bankers' Asso- trade was very slow. Print cloths Penn-Seab Steel. %1% 1% Kan G & El8s52... 1043 10434 |34 T S8FoueD. % 95% | steady, but off-grade ruled extreme-|ciation, meeting there this week. Mr stood at 8% cents for 64-60s and 9% E“"";“l(";-u Peoples Gas (8). Kelly-Spring 8s.... 17 106 106% stLl‘lF‘:dj‘u ly weak. Rhode Island greenings otze has been spending some timt for 68-72s, the former a decline of an |Eaton Axle(2).. ‘ Pero Marq (4)... 85 884 80% ki) Laclede G 518 52 108 108 | T @R s “ 94% | grade “A” jobbed out as high as 5.25 | here and is well known to local eighth, Raw silks were quiet but|Eisenlohr & Bro. Pere Mar pf (5).. UHIP&LA (2). Liggett & Myer: 99% 99% nc 6s. for the very finest, and as low 8s |financiers. Electric Boat.. .. o Pere M prior(6).. 82 82 82 |vanadium (2 Lorillard (P) Gs.... 0 99% 100 |StL&SFpléaC 102K 102 | 9 5 t. Baldwins ranged-| steady. 4 El Auto L (18%) . PhilaCo (4. o, 64 et | Cortliard (p) 787 118 118 [StLS Woon 4832 .19 92" 97 gp | 200 f0F the DOOFeRt. BRANIE Hohes | Quota Is Raised. e Eleo Powr & Lt. . Phila& RC& L. g Loulsv G & E 58 62. 99% 994 | St P& KCShL 4%.. 87% 87% | ¢rom 4.00 to 9.00 It is announced by E. J. McQuadé, DAIRY PRODUCTS. EIP&Lpt (7)., 9| Philip Morria. v Manati Sug of 7%s. 109G 100t S0 A E AT 8" 3 oo D — president of the Alumni Assoclatio 3 . Elec Sto Bat (16 Phillips Pet (3) AN B0 4 . BALTIMORE, March 10 (Special).— “Psile & Phillip: .. Vivaudou. M1d-Con 68 40.... BeAL AL ref (n: of Washington Chapter, American Ins: et i e o 5:73&2{‘.",‘; P LD 8% Phoenix Hostery . 40 s " | Midvale Steel s. % | Coab A L ads & g: GERMAN BONDS AND STOCKS. |ficiice’ of ‘Banking, that the. sescins R oans chickens. o Pe(h). Plerce-Arrow. ... 3 il ARG Montana Pow b AL (Quoted in dollars ver millign marks) |tion has raised its quota of $630 for # . Pierce-Arrow pf . abah pe % e o, 4 ked, | the educational endowment fund start. ens, 43a44; old hens, Laghorns, 27a28; 1dorf (14). Mor's & Co 18t 43;5. 191418 90000 #3000 Yoosters, 20: capons, 37a44; ducke, 25 o son e e e Baking B % | Ny Edison 6%s. . .. 1155 Tanp SR Se. GO $6101 418 90000 838:00 |ca by the American Bankers' Associah 35; geese, 22a27; young turkeys, 40a50; L Ward Bak pf (7). 9 N Y GELH&P 6s. 104% 104% 97% | ¥ Quoted_in dollars per thousand mark tlon. It was voted to raise this fund old, 40; poor and crooked breasts, 25a | Famous Pl (8). 126% 120% Eitieicoetpl 6. ™ Warner Brog.... 1 NY Tel 4%8.c. ... 98 98 . 864 | o tien e Tl ofwar” B0 at the convention in Atlantic City lnw: 30; ‘pigeons, pair, 27a30; guinea fowls, | Famous pf (8). .. 12 T Con) e s o i SRty 81% 61 NYTel6s4l...... 108 108% <91 91% |ger Gen Elec 4le 1010, September, and the institute agreed té each, 35a85. Dressed poultry—Tur. |FedLight(*1.40). s & Wes West Pen (4). North Am Ed 6s. 108% 104 82% b 3s. % & 43 p 4°00 | contribute the foundation for it. The keys, young, 40a50; old. 40a42; chick- {Fed Minpt (7)... 4 b West Maryland 18 4 North Am Ed 6% 1064 106% 1043 104% | 31 o check for Washington's part in L ens, young, 36a40: old, 30a33: ducks, |FirstNatP pt(8). ; Pr Stl Car pf ( 8 : West Md 2d pf. Nor Ohlo T & L 65. . 94 94 o L = educational move has now been foy.n 30a85; geese, 22a30. Frst Nat S(1%).. 39 e West Pacific. Nor States Pow 58. . 98% 99% 184 113% Warded o the treasurer. = 105% 105% % $2,190,000 Erie Issue. % 21 ¢ | Fisher Body (5). Prod & Refiners. . / Nor | o aas Eggs—Receints, 921 cases: native |Fisher Body Producers&R pf. 3! 33 | West Pacpf (8). : Nof States Pow 6. 1081 1064 T 0000 Erie - 1084 108% 60 The Evie Railroad Co. has applied to the Interstate Commerce Comm! and nearby firsts, dozen, offered at 26; | Fisk Rubber. .. % AR West Union (8).. 1 Otis Steel 1%S8. candled, 28; duck eegs, dozen, 45a77; | Fisk 18t pf cv(7) 1024 102 EUDERNEle) IEhaR B e WeathaeAB(1T) ] Otis Steel 88 99K 9 Badische Anlin, . mo: mg“ 23d St Ry 58 62. . Rodie Ger Ge Eiec) . sion for authority to issue $2,190,000 % | Unton Pac 18t 4s. Comnerz and Privat B of 415 per cent equipment trust cer e 9, 80290. Fiskpfstpd (7).. 82 82% 82 8 Pub Serrts. % Yo :ooBsm&g g'—(‘Mxmiom fancy creamery, |Fleischman(2). lu\c 46% g:gssé\.{} p;fr((:))' l:g 1}: i m:{f,’:.‘x'%f:c f‘)_ : pound, 42a45; prints, 45a47; ladles, 34 |Foundation (8) :0: 107" 110% g }33” mv. Unlon Pac 1st rf 45. iconto” Gellsehatt tificates. While no arrangements havéf) 100 10p |Union Pac4s27 Doutsche Bank been made for the sale of the certifi- cates, the road expects to sell them at 1 8).. Wheel & L Erie Pan-Amer Pete 0s. . 36; store packed, 31: dairy prints, 3%a |Fox Film A (4) o O e L 1.99% 990% 9oy 104% 105 2 105 1078 107% 97 and use the proceeds in acquisitio Eg!i g:u Punta Aleg Sug Wheel &LEpf.. Peoples Gas 5s... .. 28% 28 28 i Gabriel Sn(18%) Pure Oi1 pf (8. 10} 1074 107 White Mot (4). .. Phila Co ref 68 A tru: B . Gardner Motor.. €I % 8% % mu: co: tA g u“ il White Mot (rts). Phila&RAC&T0s. 4 100 Virginia Ry Tot 65, 20101% Joon Toow | Ren PRt 33 | of two locomotives and 124 passenge NEW YORK DAIRY PRICES. [GenAmTnk (). 48 & 48 Radio G ot (43). o anu It RISk (1) S s 1 > 5 9T% 97 o7 - coaches, having total value of $2,74 i % % ys: ¢ 41024 621. NEW YORK, March 10 (%).— Rwy 8t18pr (). 8% 3 e HeE0s s % 12 Winys-0dpt(7). 87% o L 4100 FOREIGN EXCHANGE. g a I R C RN A R ——aeE i o EEE2SE e e 35; process butter, 39a40; rolls, 32335, |Freeport-Texas.. PureON (12). .. 28 White Eagle (3). Phila Co 5%8 38. SiskrASR DT 8633323 86% ter steady; receipts, 15,608 tub: Cigar (8) 1% VAR AW 4y Punta Alegre 7s. s -~ i S Creamery, extras (92 score), 48%a 8."‘,. El:,"{m (8). 88 186% 187% 1%;‘ “: Rog Brown Iron 7s. 12 a3 | resins ba 'lg uo’x’; 00 (Quotations furnished :z mv;vn. .\‘:. sfx‘x?:'k&’" INITIAL DIVIDEND. 43%. Eggs firm, receipts, 26,606 | GenEl spec(60c). 40% 814 82% % 80% | Sinclair Of1 6s. 17 110% 1104 110% | wheel & L Ecn 4s.. 10 85 8 “"“'5‘ 182 c.hoc.l. & cases; fresh guthered, firsts, 2734 |GenGasA (1%). B1% 82% B1% B2 |worthtnA (1)... 6% 6K 76% 176% % 80 90 |whel&LErf4%s. 3 ; 606 3430 NEW YORK, March 10 (P).— Conw do., seconds, 2633a27; Pacific|Gen Mot (+12)... 1 mingto - 1054 100 104 108 |wright Aero(1). 28% 28% 28y 2 7 96 4% 95 . 00" TV 2. |solidated Lead and Zinc declared an coast whites, first to extra firsts, 33a 114% 114% 1148 S YelT&O(160).. 29 30% 29 . 2000 1hn | Ikes & 1ot e ; arla. frac s gy tnitial quarterly dividend of 62%. 6. Cheese steady, receipts, 136,288 % 81% 81% 15 @, 8% s0% 1ow oof ; 80% R 238 : cents a share on the class “A* and< pounds. 604 57 bay | Replogle Steel... loungstown (4). % 804 1 17% 117% 117% ———— me. lira. . “B" stocks, payable April 1 to hold- s GenRySig(t4). 8% Rep Iron & Steel. 564 BBK 60% | Dividend rates aa stven In tng avove 7 107% 1074 107% | NEW YORK, March 10 (#).—Un- F LT bt - SR ers of record March 15. This i POULTRY QUOTATION. Gimbel Bro: 68 Reynolds Spugs.. T 7 ‘Qu or Jearly declarations 15 102% 102% 102 | filled orders of the United States Steel | Madrid. Sl o equal to $5 a share on the old stoc : Glidden (2)...... 22% 2% Ray Tohso B (4). otl Joted. extra or special Givi- | Sog Bat Orlent 75. . 16 98% 99% 9oy | Corporation at the end of February | ¥ & 3 4 Which was exchanged on_ the basigg NEW YORK, March 10 (#).—Live |Gold Dust. . 513 Robt Rels Lst pf. RS AT 105, s, rato. bor | oo Pow 6., 10 105 105 105 |made public today totaled 4,616,822 |B erown k of one share of old for 1 2-3 shares of poultry firm. Fowls by freight, 34a |Goodrich Ru (4). 85% B4 gurg | OSMINTENE). . S0 B8 optlonal 0 shork SParTl gtool ™ pandy | o eo Bdn 18t 7a.. 12 1094 108% Jogy | tone, a decrease of 265,917 tons, com- Wi . A% “A2" and.13 shares of “B.". Paye: 36: do., express, 34a35. Dressed poul- |Goodrich pf (7).. 98% 99% 99% ggs |Roval Du(al.3s). = qaira. APayedle in, 1;gm3 . " 3Plus 2106 106 - 106 | pared: with. the close of.the preceding | T RO+ ments on the old stock were at t ‘rk-tnny to-firm; prices unchanged. Goodyear pf (7). gsv. 105% 108% ! Safety Cable (4). 4T% 3; in stock vayable 1% U fl,;l us > ‘month. ™ ” - rate of $2.40 a year with axtras. . -