Evening Star Newspaper, March 13, 1926, Page 14

14 * FIN SELLING FORCES STOCK DECLINES Bearish Tone Brings Breaks in Several Quarters. G. E. Hits 319. \ 13, —Stock «d this week € in last wes were subjected both a ¢ that the nu least to broke 9 points to » of others fell 3 move a point scattered throughout the there was a of the points or or two were list. In tendens selling some unfavorabl political news from Geneva, but the foreign exchang the most sensitive barom- eter of Iuropean political and eco- nomic conditions, showed relatively nge. . which had rliex played impres- ‘in the week, { the industrinls uch issues as A man, Allied Chemical, lmmx Foundation Compan; tum 11 and American \!. e and Foundry. ‘The clos weik Tozal s approximated 1.000.000 shares. in e effectiv Smelting Markets at a Glance 3 (P).—Stoc reaction depresses Bonds steady NEW YORK. lower; week end prices 110 9 Sugar granu- Bra- for steadier better Coffee -nii,m market. higher; WHEAT SHOWS FRESH STRENGTH IN ADVANCE Cables Axd Umted States Price. Jump of Past Few Days In- vites Caution. Despite heavy . wheat aver- day in the early deal- <t that Ll\r‘ a 11 notice. too, s |mlnl9(l : as to invite buyers . Chicago open- ing flgur (new), 1 to 1.43%, were followed by numerous fluctuations within 2 range of about 1 cent. Corn enced by more cornhere toda opening unchari May, 8% to receded to tile below ye: s finish. ats started unchanged to ls cent up, 0% cents, and later reacted somewhat. Helped by an upturn in hog values, the provision market was firm. and CHICAGO LIVE STOCK MARKET CHICAGO, March 13 (United States Department of Agriculture).—Hogs— Receipts, 3.000 head; uneven; lighter weight steady to 10 higher; others unchanged from Friday's average; bulk of 240 to 325 pound butchers, 11.60a12 bulk of d b 225 pound weight, 12 ter 180 pounds down 14.15; top of 170 pounds down, 14.15; S 10.40a11.00; shippers, (‘\Hnul«ul hlrhln\c s, 1,000; 4 medium welght, 11.87a13 lightweight, 12.45 #14.15; light lights, 12.40a14.25; pack- 10.40a11.00; ter pigs, f|Chi & Alton pf. * | Chi Gr West pf.. ANCIAL. Open. High, Low. « Close. ::mm Pow (4).. 79 19 umada (11). 8y 84 Air Reductn($5). 117 115% 116% Ajax Rubber. 15 115 1% 11% Allied Chem (). 128% 128% 122~ 1234 Allis Chalm (6).. 86 g8 Am Agricul Chm. 26 235. 24 Am AgriChopt...| 77 e s m Beet S et Sug (1), 31% Sau 28% " 127 Am Bosch. 2414 39 38 88 Am Brake Sh (6). 125 Am Br Boveri... 39 5 :zu\a auw 305 125% Am Can ($8). AmCanw i, Ao Gy (7572 150 19804 195% 1254 Am Car&Fdy (6). 101% 101% 101% 101% AmC&F pf (7). 128% 128% 128% 128% Am Chicle...... 45 45 46 48 Am Chiclectts. . 40 40 0. 4@ Am Drug. .. T oo Am Exnress (6). 1208 1260 1254 128% Am & For Pow 26 Am Hide & Le: 13 Am Hide & L p Am Ice (t10) |1 Am Inter {Am T Br (1), Am LaFra pt( L Am Linsd pf (7). 83 83 Am Loco (8). 103 103 101 101% Am Metals (4)... 62 62 6% 5% Am Radiator u) um nm 115% 113% Am Republie €3 63 Am Safety R (3). o Am Ship & Com.. 114 Am Sm & Ref(7). 129% 129% 12 Am Su Fdys (3). 43% Am Sugar (3)... Am Tel & Ca (3). Am Tel&Tel (8). Am Tobaceo (8). Am Tobac B (8). Am Tobac pf (6). Am Wa Wo 71.20 Am Woolen. Am Wool pf (7 Am Writ Pa pf.. Anaconda (3) Archer-Danfe! Arch-Dan pf ( ArmourDel pf ( Armour 111 A (2). Armour Il (B). . Armour 11 pf(7). Arnold Con (n)... Asso DryG(21). Asso DG 2d (7). Asso Ol (2) Atchison (7) Atchison pf (5).. Atl Birm & At. Atl Coast L (49). At Guif& W I Atlantic Refing. . Atlas Tack. .. Austin-Nichols. Baldwin L (T).. Balto & Ohio(5). Balto & Oh pfi4). Bang & Ar (3) Barnsdall A (2). Bhrnsdall B (2). Beech-Nut (13).. Bethlehem Steel. Booth Fisheries. Briggs Mfg (3).. Bkin Edison (8). Bkin-Mn Tr (4).. BkinUn G(t11).. Burns Br B (2).. Bush Terminal. . Butte Cop (50¢) . Butte&Super(2). Butterick. . . Calif Pkg (18) Calif Petrol (2).. Callahan Zine. Calumt & A +4%. Calume&H(1%). Can Pacific (10) . Case Threshing. . Cent Leather. ... Cent Leather pf. Century Rib (2). Cerre De P (4)... Certain-Teed (4) Chand-Cleve Chand-Clev pt... Chesa&Ohlo (4) . Ches&O pf (6%). 133 Chi & Alten. 8% 1n T 1"7% 40 1487 149 148% 1487 116 116 115% 115 115t 1150 114 114% 1081 108% 108% 108% 5% . 103 68t 150 1598 1574 1270 G 95t 96% 8B% oy 2% 2% 2% o0 228 221k 221K W A4 43% 48% 101% 102 101 101 12 12w 12 13 2 25 o2 " Jost 108% 106 107 901 90% 6R% 69 4% 41% 285 28% 26% 624 42'% 5% 31% 138 1% 15 31% 138 138 63% 73 34% 23 131 4% 131 84% 2 . 133% 134 85% S6% 2 2 2 59% b9 b9 14% 14% 14% 156 154 82'% 2 59% 14% 156 1% 134“ 134% 1307 131% 183 132 132 8% 8% 12% 915 204 12% 17’1 Chi Great West. . Chi Mil& St P. Chi Mil & StP pf. Chi & Nwn (4) 1% 104 NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office % | Montgom Ward. RV.‘ THE FVFNING Open. High. Low. Close. Gu M & N pf (6). 102 IOUV) lofl“ 9 Gulf States S (5) Hartman (2%).. Hayes W (1314). Helm Geo (16%). Howe Sound (2). Hudson Mot (3).. Hupp Mot (1)... llino!s Cen (7). . Indep Oil (1). Indian Refining Ingersoll R (3). . Inspiration (2 {Interurh Rap Tr. Intcontal Rubber Internat Agri.... Int Bus Mach(3). Int Cement (4).. Int Com Eng (2). Internat Har (5). Inter Har pf (7)., IntMteh pf(3.20) . Int Mer Marine. . Int Mer Mar pf.. Int Nickel (2) Int Paper-. .. Ind Ref pf (7) Int Ry Cent Am.. Int Tel & Tel (6). Jewel Tea Jordon Mot (3).. Kan City South. . Kan C So pf (4).. KayserJ (3).... Kelly-Spring.... Kelly-Spring pf Kennecott (4). .. Keystone T & R Kinney pf (8)... Kresge SS(1 Kresge Dept S Lee Tire & Rub. Lehigh Val(31%). Leh&Fink ctf(3). Lifesavers (40c) Lima Loco (4)... Loews Ine (2) 30% 3flK 30V4 22% 22% 17 117 25% 26% Y 91 24 «37 118% 267 123 33% 65% 33 52t 40% 63 40 1% i 8% 1% 94 571 "4“. 4 2% 11% 81% 35% Lorillard(3) Louisiana O11. LouisGasA(1.75), Louis & Nsh (6). Ludlum ¢2) M'CroryB($5.60). Melntyre P (1).. Mack Trucks (6). 1 Mack T 1st (7). . MackTk2d pf(7). Macy "I R& Co.. Magma Cop (3). Mallison & Co. .. Man El Sup(41%) Man El gtd (d5). Maracaibo Oil. ... Marland Ofl (4). Marlin Rock (2). Maytag (2)... MetroG pf(1.89). Mexican Seabd. . Miami Cop (1) Mid-Continent Midland pf ($9) Miller R ctfs(2). MStP&SSM 1i (4 M St P & SSM pf Mis Kan & Tex. . MoK & T pf (5). Missouri Pacific. sourt Pac pf. \!on(znn Pow (5) M"(- 45% 90% 90 25% 26% 4 126% 122% 12 12 107 107 98% 98 40% 24% 67 48% 26% Moon Mot (3 Mothr Lode( Mo Plcture(11). Motor Met(3.60). Motor Whi (2) Murray Body.. Nash Motors. . .. Nat Dairy (3). Nat Dpt Stores. Nat Distillers. . . at Distillers pf. Nat Lead (8). \at Pw&Lt(40c). Alr Brake(2) NY Canners(c2). NY Central (7).. NYC&StL (6).. NYC&StL pf (6) o SR Chi Pneu T (5) Chi R1& Pac CRI&PDE (7).. Childs (32.40) Chile Cop (2%).. Chino Copper ChryslerCorp(3) Y u’« 40% ©CC & StL pf(5). 125 126 126 Coca Cola (1).... 104% 140% 136% 138 Col Fuel & Iron.. 824 824 31 31 Colo Southern. .. 56 55 66 Col G & E (2.60). T9% 8% T8% Col Carbon (4)... 67% 674 65 66 Com Cred (2) 831 331 325 334 Com Crpf (1%).. 25 25 Com Cred 15t 633. 97 BZ Com In Tr pf 813 95 95 Com Solv A (4).. 140 140 140 Com Cr pf B (2). 26 26 26 Com Solv B 140 140 Congoleum- lm 1!‘. 18 18 62 Consol Cigar. . 61 61 Gas (5) 5 934 98% S 821 824 80% 12% 12% 12 !03% 103% 46k 464 284 b5 33% 18 48% 984 boY 33: Cattle—Receipts, 500 head; com- pared with a week ago fed steers strong to 15 higher, better grade showing advance; s up more; stockers and feeders ; spread be tween feeders and fat steers very nar- row; top vearlings, 11.35; heavies up- ward to 11.00; good and cholce light yearlings vers ce; she stock 25 higher; lower grades showing advance bulls v to a shade lowe: g 1.00 lower, Bheep—Receipts weak around 1 cars to feeding ket nominal; receipts mostl; compared we lambs mostly 25 fat yearling wethers ‘sharing fat lamb declines; fat aged sheep weak to a shade lower; decline influenced by downturn on | heavy I and shearing Jambs steady: tops for week, fat wool fambs, 14 mbs, 12.00: shearing : yearling POULTRY MAB.KET STEADY. NEW YORK, March 13 (#).—Live poultry steady: no freight FOR'EIGN EXCHAHGE (Quotations furnished by . B. Hibbs & Co.) Nominal Selling checks gold v valug today. London. pound. M uuua S4.8670 Nontreal, doilar: March 13.—Following is a highest, lowest and clos- ing prices for the most active stocks dealt in here: l(h . 14 Am Tel & Tel g«u\::kw‘fimmm. 1 8% g 63 ingham Mines | (‘. ston & Muine Ry ot Sieamativ rmnonu Grocers. & Herman X {50 Rubber sland Creck . - % ISR et 5 e ey e Cont Can (16 ;; ?gn nt Mot (80c¢! Cgrn Prod (2). 88% 38% 384 884 Coty Inc (4)..... b1 Bl 51 61 Crucible Stl (5).. 72% 72% 71 3 Cuba Cane Sugar. 9% 9% 9% 9% Cuba Co (4) . 46'% 46% 46 46k Cuban Am S (2). 25% 25% 26% 26% 1% 1T% 17%, 1T% 95 85 94 94 Cuban Dam(v'f) Cushman's (8)... Cuyamel Fr (4).. 46% 46'% 484 d46% niel Boone.... -1 1 1 1 B:Hson Chem. 35% 85 24 84 Del & Hud (%) 171% 171% 168 168% Del 1 & Wn ('7) IICK 146% 142 142 V! . 461 46% 46% 464 . 128% 128% 127% 127T% 88 88 3% 8T% 37 37 843 85% 86% B6W &6 86 19% 9% . 222 222 220 220 . 103 108 103 103 110 110 109% 109% 28% 2 28% 5% 15 73% Detroit Ed (8). DevoekRta(2.40) . Dodge Bros CLA. Dodge pt (7). Dome Mines (2 Dul S S & Atl pf. Dupont (10 Dupont (115) Castman (18) . Eaton Axle (2) Eiectric Boat. . Eisenlohr & Bro. El Auto L(16%). Elec Powr & Lt. . Elec P& L pf(T). Elec Sto Bat(16). Emmerson Brnt. jsmmerson B pf.. Fairbanks . Famous Pl (8). .. FedLight(*1.40). Fod Min & Smeit. wed Min pf (7). .. Fifth Ave (64c Frst Nat S(1%). Fisher Body (3). Fisk Rubber.... 19% Fiok 15t pLev(D) lns 105 Fleischman(2).. 48% 48% Foundation (8).. 108% mv. Fox Film A (4).. Freeport-Texas.. 26% "e». 397 Gabriel Sn(+3%) Gardner Motor.. 8% Gen Am Trk (3). 474 Gen Asphalt. Gen Asph pf (5). 110 Gen Cigar (8)... 109 Gen Electric (8). 826% 826% Gen Elec sp(60c) 11% 114 GenGasA (1%). 49% Gen Mot (112) Gen Mot pf (7).. 116 Gen Outdr Adv.. 381% Gen Outdr A (4). Gen Petrm (3)... GenRySig(14%) Gimbel Bros. Glidden (2)... Gold Dust. Goodrich Ru (4) Goodrich pf (7). Goodyear pf (7). Gothm S H(2%3). Granby Consol Grt North pf (5). 74 Gt Nor Ore (15). 25% 25% 264 00 105% 105% 105% 88% 3 88 20 20 20 73 13 R e ot isgtmae TRB.R3085 22 Winono . et e 25! Grt Wstn Su (8). 101 103 101 101% Green Canan.... ll'fi ll“ "lfi llu Guantanamo. ... é |Rep 1&S pf (7). % | Seneca Copper. . % | Std Oil Calif (2). H & Hart On & West Rys pf tefs, North A (B3.40). North Pac (5). Omnibus, Omnibus p! Onyx Hoslery... Oppenheim (3).. Otis Elevator(6). 120% Otis Steel....... 11% Outlet Co pf (7). Pac Gas & El rts. Pac Oil (3).. Packard Mot (2). Paige Mot(1.80). Pan-Am (6). Pan-Am B (6). Pan-AmWnB(2). Panhandle Park Utah (60c). 2% 55% 374 22% S 5 66% 40% 10% % 71 19% 63% 1% 1% 1% 121% 121% 120 7 87 86% 76 627% Al Pennsy RR (3 Yoo Penn-Seab Steel. Peoples Gas (8). Pere Marq (18).. Pere Mar pf (_,) Phila Co (4). Phila& RC&I.. Philip Morris. ... Philiips Pet (3).. Plerce-Arrow. 154 120 85% 76 6274 41% ll\ GEORGE T. lllh\ll& 18% | Special Dispateh to The Star. il NEW YORK, March 13.—Prices 3 | movea irregularly in the bond trad- ing of the close of the week. In STAR, WASHINGTON, G_STAR, WASHINGTON, D. C, SATURDAY, MA SATURDAY MARCH 13, 1926. FINANCIAL. BONDS IN REACTION; DEEBONDS@ COTTON STRONGER |LOCAL EXCHANGE PRICES IRREGULAR C. & 0. Issue Comes Down Substantially—D. & H. 5s in Better Demand. most groups the tone was reaction- ary. This was particularly true of the rails and of the New York City tractions, both of which had been favorités in the trading earlier in the week. Chesapeake and 58, which had made ord for all time on substantially. Del and Hud- son convertible bs were in better de- mand. Chicago and Eastern Illinois 58 fell off from the’ preceding close. On the other hand, New Haven con- vertible 6s were very steady and buy- ing kept up in the New Orleans, Texas and Mexico issues. The strict- Iy high-grade rails were firm and is- 0 Ohio convertible new high rec- y, came down Louts, San 4s were in sues of the class of Francisco prior lien good demand. United S were steady. Liberty sold J price the Tre: tendered to the sinkin wis <ome show of str uch as W es Government bonds Third 4% below the average paid for bonds fund. There :th in the be ern Electy also The veakness in the local traction was most in evidence in Third Avi nue adjustments, which were down a ugh issues were in- clined to sag, but buying interest was malintained "ta Brooklyn-Manhattan Transit 6s just above 94. Sinclair 6s were lower among the oils. In the sugar group, Orfente 7s duplicated the high established Friday. The movement in the foreign issues was mixed French 8s got up to 103 again. but Seine 7s were lower. Hune garian 7% ;,.uned a half point and so dia Montevideo T point. In D. & H. SURPLUS DROPS. NEW YORK, March preliminary Delaware & Hudson C compiled from quarterly shows surplus of $4,907, charges, against $5.817.3 1924, Surplus for the final quarter of the vear dropped to $245,483 from $2,362 868 in the same quarter of 1924, e PARIS PRICES MIXED PARIS, March 13 (P).—Prices moved frregularly on the Bourse today. Three 49 francs. Exchange pn London, 133 francs 95 centimes. Five per cent loan, 57 francs 80 cel times. The dollar was quoted at 27 francs 54 centimes. —e PAINTERS ON STBIKE CLEVELAND. March 13.-—~The painters and decorators are on strike here, demanding $1.37%; an hour and a five-day week. Factory employment is up 8!z per cent, bank clearings 5 per cent and postal receipts 15 per cent as compared \\ilh last year. 13 UP).—The income account of . for 1 the as reports, 8 in after per cent rentes, CUT WORHS IN OATS Special Dispateh to The Star. FORT WORTH, March 13.—Texas grain growers are complaining. that the cut worms have made their ap- pearance in the Spring oats. This is the only insect damage reported so far this yea $22, 000 000 SAV!NGS GAIN. Special Dispatch to The Star. NEW ORLEANS, March 13.—The State Banking Department reports the savings deposits of the Homestead Association of the State increased $22,- 000,000 {n 1925, and t the total re- sources of these assoclations now equal $36,000,000. PLAN LARGER OUT!UT Special Dispatch to The Star. DETROIT, March 13.—The Chevro- Jet Motor Co. has scheduled 57,000 cars and trucks for March, or 14,000 more than for March, 1935, Plant facilities were recently increased to a daily maximum of 2,525 motors. 10% 20 13% b1 182% b51% Symington Symington A(2). Tenn Copper (1). Texas Co (3).... Tex Gulf § (10). Tex & Pacific. ... Tex & Pac C& O. The Fair (2.40).. Third Avenue. .. Tide Water(1%). 10% lOu 10% 19% lu‘b 29 | Timken (14). . FiercaArrow pE. 100 100% Plerce O11. 1% Plerce Petrol Pitts Coal pf (6). PIttUt pf(11.20). Postum (4.40)... Press Steel Car . . Pr Stl Car pf (7). Prod & Refiners. . Pub Ser NJ (5).. Pub Ser rts. . Pullman Co (8).. 16815 18815 1650 157 PureOil (12).... 28 28 27 278 PureOllpf (8).. 107 107 107 107 RadloCorpof A. 37% 37% 36 36 Radio Cpf (3%). 46% 46% 461 46% Rwy StISpr (4). 6744 67% 664 66% Ry St1Sppf (). 118% 118% 118% 118% Ray Cons Cop. 11% 1% 11% Reading (4) ...« ls& 86% 84 84 Readingrts..... 19% 19l 18% 19% Reading 2d (2).. 41 41 40% 40% Reid IcoCm (3). B2% 62% b2% b2t Remington Type. 105 105 104 104 Replogle Steel. 1% 1% Rep Iron & Steel. ggfi 4% 95 6% 95 96% b1% 42% 95% Reynolds Spngs. Rey Tobac B (4). Rossia Ins (6 Royal Du(al. St Joseph L(12). StL & SanFr (7). StL&SanF pf(6). St L Southwest. . Savage Arms (4) Schulte pf (8)... llfi% new lll% “8“ Seaboard Air L... 40 Seaboard .. L rts % % “ Seabd AirLpf.. 40 40 40 40 Sears-Roebk (6). 2041 204% 204% 204% 6% %4 56)6 6% B6% ?55 5% 22% 30 :3 % 29! 117% 110" 130" 34% 82% 33 100% 99% 99% 1143 113% 114 B9% 89% 89y 2% 27 27 b57% 56% b56% 42% 41% 42 ll7% ll'l% llfli 81“ 52 2% 72% 67% 67% 264 Shattuck F G(2 ) . Shell Un (1.40).. Simmons(12.25 Simms Pet (1) Sinclatr Oil. Sinclair pf (8) Southn Dairies B South Pac (6)... Southern Ry (7). South Ry pf (5).. Spicer Mg. ... .. Std Gas & El (3). StdOIINJT (1).. Std Ofl NJ pf(7). Sterling Pro (4). Stewart War (6). Stromberg (6)... Studebaker (5). . Submarine Boat. SunOil (1)... Superfor O 3 98% % | United Drug (8). 148% 148% iD glock Tobac Prod (7).. 108 Tob Prod A (7).. 110% Transcont Oll... 3% Underwood (4).. B57% Un Bag & Paper. 02% Un Carbide (5).. 856% Un Oil (2). 42! Un Pacific . Utd Al Stl ((’noc) Utd Cigar(®3%). UtdDrg 1t(3%). Utd Fruit (112). Utd Paperbd (2). -85 Utd Ry Invest... 21% USCIP&F(10). 172 U S Distributing. - 49% U S Ind Alcohol.. 544 U S Resity (4) 57% U S Rubber...... 6% U S Rub 1st (8).. 108% USSmelt (3%4). 4% USSmpt(3%). 49 U S Steel (17)... 1261 U 8 Steel pf (7).. 126% U S Tobacco (3). 61% Universal Pipe.. 2% UHIP&LA (2). 33 Vanadium (2) 81% Vick Chemical. ... Va-Car Ch(n)w 1, Va-Car Ch 6%pf. Va-Car Ch 7%Df. VLvnudou. 5 ash. .. 57 57 . 278% 213% 5 | e bash bt A (551 Waldorf (1%)... ‘Ward Baking B.. ‘Weber (4) . ‘West Mary! West Md 2d pt.. West Pacific. . ‘West Union t!\ . WesthseAB(17). Westinghse [ ‘Weston Elec. ... Wheel & L Erle. Wheel & LB DI White Eagle (2). White Mot (4). .. White Mot (rts). White Rock (2) ‘Wickwire ctfs. .. willys-Overland. Willys-0d pf (7). ‘Woolworth (5).. 185 Worthton B (6).. 656 56 Wright Aero (1). 28% 25% 28% Yel T&C (76¢).. 30% 304 20% Yel Tr&Cpt (7).. 96% 96% 96 Youngstown (4. 73 19 78 rates as given in the above table ardhe Rl € ment S Tty b i Hony: Soio-in prote extra Or_special rerular rate T G Pavabls 1 Received by Private Wire UNITED STATES. (Sales are in $1,000.) Sales. High. Low. Close. Lib3%s... 15 1011 1011 1011 Libist4ls 71026 1026 1026 Lib2d 4%s. 121 10028100 26 100 28 Lib3d 4%s. 77 1016 1015 1015 Lib 4th 43,8 267 102 18 10215 102 16 US4s1944. 44 1043 1042 1042 US4%s52. 3 10727 1072¢ 10727 FOREIGN. | Sales. High. Low. Close. Argentine 65 JuG9. 14 98% 98% 98% Argentine 6sOct 59 4 98% 981 98% Argentine 6s A.. 991 99% Argentine 65 . 984 908% Argenting 7s. 101% 101% Australlan 6s. ., 9% 9% Austria 78 101% 101% Bank of Japan s 00 1004 Belgium 6s. o 86% Belgium 614s. 8¢ Belgium 7s. Belglum 8s. Bern 8s. Brazil 7s Brazil 8s Canada 5 43. Chile 851941 . Christianta 6 o0 For Japande., Copenhagen 63 Cuba 534s. Czecho 7148 rets. Czecho 85 1951. Czecho 8s 1952 ¢! Danish Munic 8s A~ Denmark 6s. ... DET5% Dutch East I 68 62. Finland Framerican 71 French 7s. French 7% Erench 8s. German Ger Gen Elec 7s Hait! 65. Hungary §%. Italy 7s. Japunese s Japanese 638 Jergens UM 6s47. Lyon 6s. Mexlco 45 04 asnt Mexico 4 10 asntd.. Montevidio 7s Netherlands 65 Nord 6%s. . Norway 5348, Norway 6s 1943 Norway 65 1944 Norway 65 1952. ... Orlent Dey deb 6s Paris-Ly-Med 6s lU‘.) 9444 1 86 18 944 1 109 4 8% 7 22% Queensland 7s. Riode Jan 85 1946. Rio de Jan 8s 47 Rlo Gr Do Sul 8s. Sao Paulo City 88 Sao Paulo 8s 1936 Sao Paulo 1950. Saxon (P W) 78 Seine 7s 42 Serbs Crot Slo-8s Sweden 5lgsct. Sweden 6s. Swiss 535 18 Swiss Confed 83 Utd Kingm 5338 2 Utd Kingm 53,83 MISCELLANEOUS Ajax Rubber 8s.... 1 103% 103% Am Agri Chem 7} 1044 Am Chain 6s. Am Repub deb 6s Am Water Wks B ‘Am Writing Pap 65. Anaconda 1st 68 Anaconda cv db 7s. Andes Cop 78 rets. Armour&Co 4.8 rf. Armour Del 5%5s. Associated Oil 6s. Barnsdall 6s ctfs. Bell Tel Pa is B Bell Tel Pa5s C Beth Steel pm & Beth Steel 535 53.. Bethlehem Steel 6s. Bklyn Ed gen Bkivn Union § Calif Pete 633s. Chile Copper és Col Gas & L1 bs. . Col Gas & El'bs sta. Commonwlth P 6s. Con Coal Md 1st bs. ConGasN Y 54s.. Cuba Cane cv 78. ... Cuba Cane cv 8s Cuban Am Sug 8s Denver Gas 5s. Dery (DG) s Det Edison 58 Dodge w 1 8. .. DuqL&P5%84 Duquesne Light 6s. Est Cuba Sug 7%s. Empire G & F T%s. Goodrich 838 Goodyear 88 1 Goodyear bs 1941 Hershey 5%4S. Hoe & Co 6%5. . - Humble O& R Illinois Bell 1st 6s.. Int Mer Marine Int Paper 5s 47. Int Paper 6s.. IntT&T5%S Kan CP&L 68 A 52. Kan G & E16s62. 2 102% « 11 100% % | Lacl G ref 5s 34 Laclede G 5%5 52 Liggett & Myrs 7s. % | Lorillard (P) 68....89 99 LouisvG & E6s62. 7 99% Mid-Con 6%s40.... Midvale Steel 5s... Montana Pow 68. Mor's & Co 18t 4% Nat Tube 18t bs New Eng Tel bs N Y Tel 65:41. N Y Tel 6s49. North Am Ed 6s.... North Am Ed 63%s.. Nor States Pow 5s.. Otis Steel 7%8..... Otis Steel 8s. . Pac Gas & El 58 PacT & 7 1st bs. Pac T & T 5862 110% 110% 101% 101% 105 105 104% 105 87 87 Public Service & P Serv Gas 5%s 69. P Serv Gas 5%8 64. Remingtn Arms 6s. 3o Pac 6s 3 " Reading gen 414s % | Third Ave ref 4s Direct to The Star Office Sales. High. Low. Close. 4 102% 102% 102% 5 108% 106 106% 19 99% 99% 99% 12 7% 7T% T7% 94% 94 94 89 . 88%' 89 99 99 99 82y 82 824 103% 103% 103% 1025-102% 102% 90% 90% 99% 99% oo 98% 98% 98% o4l 94t 94% 1484 145 147 574 G6% B7 104 104 104 84% 84% 84% B&OGs...... B&Orfimp 6s. B&O Sw Div 58 cfi B & O Toledo 45. BKlyn Manhat 6s. ..197 Buff R & Pitt 42;s. . Can Nat 4345 30 Canad Pac deb 4s. Centof Ga 5;s. Cent of Ga 6s. Central Pacific 4s Cent Pac 1st s 90 Ches &0 cv 4148, Ches & O gn'414s. Ches & O cv bs. Chl & Alton 3148 Chi B & Q 1st rf is. CB&Q-1 Chi&ELgnss..... Chi Great West 4s. . CM&StPdb 4s. | % CM&itPgnq StPevs St P 6s. Wref is. Wis. b, RT & Y’rf 48, nion Sta 5s 44. Tnion Sta 6 (S M & W Ind en C& W 151562 CCC&StLrf 6s & T& 1& N “hi & N I;R)'s 1034 103% 10174 101% 107% 107% 45 Tl 89% 89 100% 100% 117% 117% 81y B3% 103% 108% 103 102% 96% 96% 921 9214 95% 95% 2 924 924 115% 114 2 103% 103% 87% 87% 983, 98% 67% 67 T6% 76N 68% 68% % 7Y% T TN 7% 19 106 106 9% 93 1104 1046 1124 1124 93% 98% 94% 943, 9% 8% IM'A lfll CA C Ch « C c ¥ 1T T Cuba N R 6s65. Del & Hud 1st rf 4. Del-& Hud cv 6s 35. Del & Hud 5133 Den & Rio G en 4s D & Rio G imp 5s. D Rio G West 5s, irie 1st cons 4s Erie gen 4s. Brie conv 4s Al Great North ir North wen Hocking Val 4155, Hud & Man ref § Hud & Man aj 6s. T11-C-C StL&NO 5. Int Rap Tran Gs. ... Int Rap Tr 5s stpd. Int Rap Tran 6s Int Rap Tran 7s Int & G Nor aj 6: Towa Cent rf 4s Kan City Ft S 45 Kansas City S §s. Kan City Term 4s. Lake Shore 4s 28, Lake Shore 4531, 68' INTRADING TODAY Opens at Slight Decline, But Rallies on Renewed Covering. By the Kusociated Pross. NEW YORK, March 12—Cotton fu- tures opened steady; Ma V. 18.33; October, 17.65; Dece mlmr, 17 January, 17.28. Cotton was steady today at a de- cline of 3 points to an advance of 7 points. Prices were about 7 to 10 points net higher after the call on renewed covering by Wall Street or local traders, commission house buy- ing promoted by larger domestic con- sumption figures than expected and reports of continued low temperatures in_the South. July sold up to 18.48 and December to 17.42, but the market attracted realizing by recent buvers at these figures, while the demand from shorts was less active after the cove ering of yesterday. Prices then eased, July selling around 18.35, and December, 17.33, at the end of the first ‘hour, or about net unchanged to 2 points lower. The census report showed domestic consumption of 567,244 bales for February, compared with 583,192 for January and 550,775 for February last year. New Orleans Quotations. NEW . March 13 (®).— 18.45 bid; May, 15. v tober, 16.92; ecembm 16.94 bid. The market open 2 to 3 points down, owing to lower Li\orpuul cables than due, but promptly rallied on the February consumption total by do- mestic mills of 567,244 bales of lint cotton, which was larger than ex- pected, and the map showing colder weather with freezing and snow in the belt. May traded up to 18.22, July to 17.79 and October to 17.05, or 13 to 14 points up from the opening. Covering by shorts caused the mar- ket to ease off to the opening levels and in the case of May to a level 3 points below the opening. Closing Quotations. NEW ORLEANS, March 13 (®).— Cotton futures closed steady at a net decline of § jo 14 points. 64 94 22 22 89y 894 103t 1024 93t 93% 99 9874 103% 103% 67% 67% 104 104 104’5 104% 98% 984 104 103% [ o4 MStPgs MK & T adj MK & T prIn 5s MK&T6sC. Mo Pacific gen 4s Mo Pac 65 49 D. @ = OT&MS5%s i Cent 4s 'ns ¥ Cent deb 4s " Centri5s " Cent deb 6s. ... ¥ Cent LS ¢l 31,8 ChI&SIL 5145 A Chi&StL 5 100% 100% 100% 100% 103% 103 70 9% 0% AR nE AN BARWDA @D . Y State Ry 4%3s. . orfolk & W cn is. Northern Pac 4s. Northern Pacr i §s. Ore & Calif 1st §s Pennsy Pennsyl 6% Pennsyl gold Peoria & F fne 4 Pere Marq 1st Gs. PCC&StLOsA.., Lo 2 1% 111% 100% 100% 1004 99% ll2'4 1128 9 100t 9574 9% 6574 9% 9674 Rio G West cl 4 StLIM&B 4s29. St L IM&S R&G 4 StL&SFplésA StL&SFprin StL&SF5%sD StL&S F ad) 6 StL&SF inc 6 St P& KCSh! St P Un Dep & San A& Arn P 48 Seab A L adj 5s Seab A L con 6s Seab All Fla 6s. Sou Pac 4s 2 .. 35 Sou Pacific ref 4s. .. 12 Southern Ry gen 4s 11 Sou Ry 6s 56 Southern Ry Third Ave adj 5s. .. ——E’.-';:-.a;a snSueSame: 1004 1014 944 944 84 87w S37 hon 82 94% 983 975 :l‘i “ 8% 1081 1084 1143 1141 8 61 (2] 60% 3% 883 losi' l:g % % 10: 100% 100% 103:2 102% 1021 102% Union Pac 1st 4 4 Union Pac 1st rf 45. 1 Union Pac 45 27.... 11 Union Pacev 6s. ... Virginia Ry 1st §s.. ‘Wabash 1st &s. ‘Wabash 5% 7 . 15 100% 100% 100t 68 68 97% 8644 West Maryland 4s. ‘Western Pacific 5s. Wheel & L Ecn 4s., Whel& LErf 41s. Wilkes & E 1st s Wisconsin Cent 4s.. .22 1 97% 1 864 5 86% 1 68% 1 8% GERMAN BONDS AND STOCKS. (Quoted in dollars per millign marke,) Ger Gt (w In) Be,1014-18.. 900.00 £50:00 Hamburg 43¢ 17500 180.00 (Quoted “in dullin per ' ihousand marks.) Ger Gen Elec . 23.50 30 Ger Gen Elec 41 5 20i5T Berlin 4s pre-war. Hamb 38, 3355 & 45 Rambury Amer Line 43 orth German Lio: 5 North German Llo’ e Pruy s 34 St ki ~EERESED Aattna: Hlndelsm - TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) Close, 109% 109% |’ 90 90% 9% 98 100% 100% | &4 90 90 118 118 102% 102% 107% 107% 99% _99% 105 United Drug 6s. USRublstrfbs... 25 94% U S Rub 7%8. 1107 U S Steel s £ 5 Utah Pow & Lt 6s. . Vertientes Sug 7s. ‘Warner Sug 75 39 West Elec 6s. . . ‘Westn Unfon 6% ‘Westinghouse 7i 94 107 107 8 112% 112% 1124 i e Wil &Colstés. 3 Yon:lo‘nltn S&T6s. 8102% 102 102% IAlLlOAD. 90% 90% 105% 106% At] & Dan 1st 48 48. 78" 78 B&OGold ds.. 5% | week 1 105% 106% 105% NE 0414 ( N 105% 105% | 58 A Gt RSt o 15 Eiietete i e &3 ar; 31 ar. 31 POULTRY PRICES UNCHANGED. | ¢ CHICAGO, March 13 (#).—Poultry, alive—Steady; recelipts, none; pr}c?ea unchanged. .. 475 FAILURES IN WEEK. NEW YORK, March 13 (#).—Brad- street’s compllation of business fail- ures throi ut_the country for the March 11 puts the total at 475, 'apd 353 in the same week last year, March May July October cem NEW YORK, March 13 (#).—Cotton futures closed steady at a net decline of 5 to 15 points. Hizh May 5 Ju October December January WOOL HA].KET Special Dispatch to The Star. BOSTON, March 13—Raw markets closed the week quletly, with a good tone owing to the strength shown In foreign sales. New clip Arizona wools are being bought for mill account at the equivalent of $1.05 clean ba: RUBBER PRICE DOWN. Special Dispatch to Tbe Star. NEW YORK, March 13.—Crude rubber, standard grade, was quoted at noon today at 5Yc. This com- wool but f Washington Stock Exchange ston the week before | §ecurit pares with 63 cents Friday, 64’2 cents a month ago, and 40 cents a NEW YORK. March 13.—New York bank clearings, $1,029,000,000; York bank balances, $98,000,000; York Iederal Resefve Bank credits, $87,000,000. STEEL PRICES DECLINE NEW YORK, March 13 (#).—Prices of heavy melting steel scrap in the Pittsburgh district have declined 50 cents a ton, present quotations vary- ing from $17.50 to 118 a ton. SALES. AGTIVEIN CLOSING Prices Remain at Firm Lev- els, With Only Fractional Changes. BY EDWARD C. 8TO) Trading ori the Washington Sto Exchange today wound up the week with more activity than has been dis played for severul days. pric maining ut firm levels with only tional changes. Washington transactions to 103% in two s 6s came out in four 1034, but rose er sales. Washing ton Gas 58 sold at Potomac Electric Power 7x re al at 107, while Potomac Consolidated & brought 99% in one trunsiction. Potomac Electric Power preferred sold at 107%, which w D point above yesterda this stock. Potomac preferred interim 10535 in one five-share sl eventy shares of Was way and rr hands in ll\a d(lforuxl transactions at 901, which was practically no change from the price prevailing dur ing the we District of Columbin Paper pref brought while Mergenthaler came out at ur changed from vesterd: After call 39 more ington sofd at Monoty U Bid local securiti lows today: it - Powe brought d s of Wasl tric preferred 7 shares of hands at & ities P d prices of were reported uniisted as fol These securitios not | rules. sted exchaBge Last HONDS Cldn STOUKS. Sacks 7 pti’ pinSacke &2 pid o ey e Bank ... ¢ Dulin Stresses Thrift. mx-nu ction with Ahe B 2 James C. urer of the American t Co. Mr. Dulin mentic 2ing progress made hy over the world in only 1 gested spec . stressed the impor nd further showed hov individual and the com- could b2 . paying i Ide that if mo made to earn more terest on deposits, encouragement to s modern Nn‘in;,«' l-unk was only a in that time all world have been established, Millions of I‘P«N" have duced to our banks of a few dollar to week and incre interest, many modest householder had $106 in cash he could call his own has been enabled to acquire a nest egg of thousands, furnishing competence for families and securt and comfort for old age. “‘Idle money of almost as little use to the community idle work | men. Your bank puts vour mon work, working for well as yourself. heen in- fforts of h deposits from week 1pound rner or never hefore e | from the use which the | of the deposits which are intr its e. When v aking a lnunhd your town or cif build schouls, la sower other civic improvements the munic pality issues its bonds and the banks Walhmf:on Gu 6s '33—$500 at 1031, £500° at 31000 at 103" ai 1033 '$1.000'at 103 %, $1.000 at Polgma Electric Boved Bt o T0¥%, (hotomac’ Electric Power pfd. Int. ctt—5 5% o at 61 _Mergenthaler Linotype—i at 208, AFTER CALL. Washingtos El % 30 42“»!)“'2 n Rwy. & Elec. pfd.—9 at 90%, ri:"'g'?)n Monotype—7 at $23%. 10 at tomac Electric Power 7s '$1—$500 at Wlahmnon Gas 5s—$1.500 at 9915 . Potomac Electric cons, 5s—S$2,000 at " Bid and Asked Prices. BONDS. PUBLIC UTILITY, American Tel. & Telg, 4 By Ao, Tel, & Te Tel Ahtcoutia & Potomac 8s.." . Anacostis & Poi. guar. G 100" D. C. Paper Co. Pot_ Joint Stock | Souitiers Bldg. 0%, 101 . Mkt. Cold Ntorage Gs. STOCKS. PUBLIC UTILITY. Amer. Tcl. & Telga.. 6s. Siional Saviis' & it nion Trun Wash. Lo an & Trist. . TITLE INSURANCE. Golumbia Title, % Ve provide the money. Liberty Loan Payments F' According to a statement made ot the Treasury the Government will pay an average of 1% per cent above par for $121,750,000 in third lberty loan bonds, which it recently offered to buy direct from holders. No prices were set in the Treasury's offer to buy these bonds, which ma- ture in 1928 and bear inferest of 45 per cent. All proposals for le at prices not exceeding 101 10-32 have been accepted, Secretary Mellon an- nounces. Payment on all accepted offers will be made March 23, when the bonds to be sold should be in the hands of the Federal Reserve Barks. More than $148,000,000 of the bonds were tender- ed for sale. Allotment Plans Announced. The Treasury also announced that the total subscription on its offering of 20-30 year bonds at a premium of 13 per cent over par amounted to $647,000,000. All subscriptions not exceeding $50.000 will be allotted in full. Sul. scriptions between $50,000 and $100,000 will be allotted up to 80 per cent; he tween $100,000 and $500,000, 60 per cent, and over $300,000, 50 per cent. B. & 0. Seek Railroad Control. The Baltimore and Ohio Railroad asked the Interstate Commerce Com- mission today for authority to quire control of the Cincinnati, In dianapolis and Western Railroad b purchase of not less than 80 per cent of its capital stock. Budget Thrift Plan Success. An echo of the recent Thrift weelg campaign held in Washington comes in a suggestion by the Magazine of Wall Street that every family ought to have not only a carefully prepared budget covering all home expenses, but that a “watch dog" over the bud get is also greatly needed. Every suc- cessful corporation has some one watch the expenditure of every cent and limit the outlay wherever possible. So far as Washington Is concerned it is declared by local bankers that the home-budget phase of the Thrift week campalgn was a success. Just how successful is bard to s most banks gave out all or ne: Ar]v all of the little budget books which they kept on hand for their customers. As all the banks were liberally supplied with these books, the campaign must have made a strong appeal. Florida Boom Slows Up. According to the Alexander Hamil- ton Institute Trade Bulletin the vol- ume of trade in Maryland during February was very good. It was re- ported as “good to fair” in District of Columbia, Virginia and West Vir- ginia. The bulletin adds that there | is every reason to expect a satisfa tory volume of sales during the res of March and in April. Current sales and the volume checks cashed in Florida remain bove those of a vear ag: “How " adds the bulletin, “the real estate turnover has shown a substarn- tial decline. Many are finding them- selves unable to meet their secon payments on thelr speculative Sy purchases.”