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FINANCIAL. THE NEW YORK STOCK EXCHANGE Last Week. 8 .700,719 Total Salew...... Samo period 4 3 192526 Nigh. Low. 8113 62 50 47 107% 10 7% 90 20 3 Stock and dividend. Abitibi Pow . 81 m & . 48y aham & S pf. 107 Adams . 103 Advance D 71 Ahumada Lead (11). 86% Air Reduction (13) 9% Ajax Rubber. ... '3 119 80 117 All Americ Allied Chem & Dye (4) Am Brake Sh & WAm Brown B 89, Am Brown Bov 1584 Am Can (18) .. ‘an pf (7). . <3 128% 1 243 : 46's “hicle ctfs g 2 “hicle prior pf ( 414 Am Druggi 1201 Am Express (6) oo 1 High. L 47 107 14% . 181% 1174 Allied Chem & Dye pf(7) 1204 120t 271 24% 40% 3T 894 5 234 48 107 10042103 + 4 144 — Year to Date. 97,308,066 7,408,210 90,910,975 Net. ow. Close. Chge. 8 u o+ % % 1 125% + 1% Am & Forelgn Power Am & For Power pf (7 Am Hide & Leather Am Hide & Leather pf Am Ice (110).. Am Ice pf (6) 3215 Am Internatt 11' Am La 9512 Am Lal® Fir 20 Am Linseed 2 53 Am Linseed pf (7).. % 101 Am Locomotive (8 115 Am Loconiotive pf (7) 45% Am Metal (4)..... 897 Am Radiator (4)..... 76 Am Railway Express (6). Am Repub HEE Am Safety 87 w onal melt & Refin pt (7). 1881 Am Snuff (12 . . 9813 Am Snuff pf (6) i Am Steel Foundries (3). Am Sugar Refining (5) . ar Reflning pf(7). Am Sumatra Tobacco . Am T h & Cable (5) Am Tel & Telegraph (9) Am Tobacco (8) . 8412 Am Tobacco C1 B (8) 10415 Am Tobacco pf (6) 103 Am Typefou : 34% Am Water Wks& 98 A Water Worl Am Woolen. . 2 Am Woolen pf (7). 2 Am Writing Paper pf.... 2 Am Writing Papr pf ctfs. c Lead & Sm. Archer-Dani Armour&Co of Del pf(7). Armour&Co of 111 CIA(2). Armour & Coof IIIC1B.. Armour & Co of 111 pf(7). Arnold Constable & Co. .. Artloom (3)..... Assoe Dry Goods (213) Assoc DryGood 2d pf (7). soctated O11 (2)....... Atch Top & Santa Fe (7). 21; Atch Top & S Fe pf (5).. Atlanta Birm & At...... Atlantic Coast Line (9). Atl Gulf & West Indles. . Atl Gulf&West Indies pf. 51 Atlantic Refining. .. 4 Atlantic Refining pf (7). Atlas Powder (4) Atlas Tack. .. Austin-Nichols Auto Knitter Hosiery. ... Baldwin Locomotive (7). Balti & Ohlo (5) . ....c.u0 Balt & Ohio pf (4) . Bangor & Aroostook (3). Barnet Leather Barnsdall CLA (2).. Barnsdall C1 B (2). Bayuk Cigars. ... Beech-Nut Packing (13). Belding Brothers (3) Bethlehem Steel. . . Bethiehem Steel pf (7)... Bethlehem Steel pf (8) Booth Fisheries 3 Botany Con Mills CIA(4). Briggs Manufacturg (3). Brooklyn Edison Elec(8) yn-Man Tr (4). anhat T pt (6). Brookn Union Gas (t11). Brown Shoe (2).... Brown Shoe pf (7). Brunswick-Balke-Collen. Brunswick Ter & Ry Sec. Buffalo Roch & Pitts (6). Buffalo Roch & Pit pf(6). Burns Brothers CLA(10). Burns Brothers C1 B (2) Burns Bros pf (7). Burroughs Add Mac 4 Bush Terminal. . Butte Copper&2inc(50c). 61z Butte & Superior (2) Butterick Company. California Packing (18). California Petroleum (3 “allahan Zinc & Lead..". umet & Arizona (+434) Calumet & Hecla (13) “anadian Pacific (10). Case (J 1) Thresh Mae Case (J 1) Thres M pf(7). central Leather Co S Cent Leather Co pf : Central R Rof N.J (¥12). \ury Ribbon Mills(2). co Copper (4).. d Products(4) tain-tdProd 2d pf (7). Cleveland. . . eveland pf Chesapeake & Ohio (4).. Ches & Ohio pf (8%). Ches & Ohio pf ctfs(8%). « = Chicago&East T1linols pf. Chicago Great Wes! Chicago Great Wes Chi Mil & St Paul...... Chi Mil & St Paul pf..... “hi Mil & St P ctfs of dep. ‘hi M&St P pf ctfs of dep : srihwestern (4) .. i & Northwestn pf (7). “hi Prenmatic Tool (5). . *hi Rock Island & Pacific. “hi Rock isl & Pac pf (8). *hi Rock 1s1 & Pac pf (7) “hi StP Minm &O.. ‘hi St P Minn & O ctfs Chi Yellow Cab (4) Childs Co ($2.40) Chile Copper (2%) Chino Copper . Christie Brown ctfs. s Chrysler Motor (3) 111% 100% Chrysler Corp pf (8)... 125 115 Cleve CC& StLpf (5)... 71% 58% Cluett-Peabody (5). 177% C 18% 0% 90 1 547 4414 Colorado & Souther: 45% Columbia Gas & EI(2.60). 104% Columbia Gas & El pf(7). 46 Columbian Carbon (4)... 291 Commer Credit (2).. 96 Commer Cred 1st p£(632). Commer Credit pf B (2).. Commer Credit pf(13%).. Commer Invest Tr (3.60) . Commer Inv Tr pr (6%).. ymmer Invest Tr pf (7). mmer Solvents A (4). 76 Commer Solvents B. 157 Congoleum-Nairn. . 15 Conley Tin Foil (stpd). 2615 Consolidated Cigar...... 2% Consolidated Distributor. 747 Consolidated Gas (5). 2% Consolidated Textile. 60% Continental Can (16). 144% 108 Continental Insuran (6) 1515 8% Continental Motors (80c) . 32% Corn Prod Ref (2 E 118% Corn Prod Ref pf ( 48 Coty Inc (4).... . 186 241y 924 13 b4 27 94 1314 b6 1 374 807y 1091 101152101% 119 119 119 534 Olla B C114% 1114 78 T8l 63 114 1 102 1102 4215 43 Tl 1 40 14714 148% + 116% 1183 116% + 116% 113% 114% *+ " 11 142 $142% + 315 3 784 — 4% 103% 10214 103 — 17 1% 1 1 K K h 109 1$108% -+ 1% - 4% 24 24 147 13 9215 89% 24 47 108 58% B84 1294 126% 9% 9% 2% 2% 230% 216 46 404 46% 44 104% 98% 7 116% 56 56 13% 12 2215 21% 1% 1 1097 104 9315 86% 69y 68 42 3 531 63% 106% + 634% 364 43% 40% 100% 100% 27% 26 104 9% 78 7% 9214 92% 183% 127 347 33% Bt 104 17% 6074 285% 270 22 20% 10415 104% 21 20 423 40 2 136% 124% 131 128% 132 125 126 8 8 105 49% 8614 984 40% 1057 108 126 118% 66 66 1417 185 32% 29 57 54 801 76% 114% 114% 67% 63 100'% 1 145% 180 144 20" 1 641 33 1215 3915 1 Kl WEEK ENDING MARCH 13, 1926. Arverage price of 50 stocks Last Week. High. Same period a year ago. 192526 High. 6414 848 102 3 110 Low. Stock and dividen 36 Crex Carpet (4). 6414 Cructble Steel (5).... 92 Crucible Steel pf (7) 7% Cuba Cane Sugar. . 374 Cuba Cane Sugar pf. 43 Cuba Co (1) 20 Cuban Amer Sugar (2 937 Cuban Amer Sugar pf( 21 16 Cuban Dominican Sug pf. 71 Cudahy Packing (7).. ‘ushman's Sons (3) . Cuyamel Fruit (4) . % Daniel Boone Wool Mills. « Davison Chemical. ...... 4« Deere & Co pf ( 13813 Dela 125 Dela 36 Denver & Itio Gr West pf. Detroit Iidison Co (8). Devoe & RayndsA ( 44 35 1 5 14 Dougla; 3% Duluth 134% Dupont de Nemours (+15) ~94 DuPont de Nem deb (6). . 105 Duquesne Light 1st pf(7) stman Kodak (8). . aton Axle & Spring Eisenlohr & Bros. : Elec Auto Lite (16%3).. uban Dominican Sugar. . Electric Roat. B 17% Elec Power & L 897 Elec Pow & Light pf (7 100 El P&L pf ctf 40% pd(7). 60% Electric Storage Bat (16) 74 Elk Horn Coal. ...... 1!y Emerson-Brantingham. .. 8 Emerson-Brantingham pf Endicott-Johnson (5) . ndicott-Johnson pt rbanks Horse (3).... mous Players-Las (8). 1037y Famous Players-L pf(8). 26 Fed Lt & Trac (*1.40).... 15% Fed Mining & Smelting. 491 Fed Mining & Smel pf (7). 4 1477 Fidel Phoenix F Ins (6).. 12 Fifth Avenue Bus (64c).. 100 First Nut Plet st pt (8). 84 First Nat Stores (1%)... 601 Fisher Body (5) - 1015 Fisk Rubber............ 80 Fisk Rubber 1st pf stpd. . 100 Fisk Rubber 1st pf ev(7). 45 Fleischmann Co (2) 8914 FoundationCo (8).... 61 Fox Flim Class A (4) 8 Freeport-Texas g 287 Gabriel Snubber A (13%) 41 Gardner Motor G 441 Gen Am Tank Car (3 421 Gen Asphalt. . S 86'a Gen Asphalt pf (3). 841 Gen Cigar (8). 59 56'% Gen Clgar wi. 116 105 Gen Clgar pf (7). 386!, 302 Gen Electric (8).. ba 117 107 Gen Electric Spec (80c). . 61% 46 GenGas&ElecA (133).. 100 97% Gen Gas & Elec 7% pf A.. 149% 64% Gen Motors (1 115% 102 Gen Motors pf (7) 26% Gen Outd Adv vot trctfs. 45% Gen Outd Adv Cl A (4). 42 Gen Petroleum (3). 65 Gen Ry Signal (t41) 47 Gimbel Brothers. 12% Glidden Company 37 Gold Dust....... 36% Goodrich (BF) Co (4). 92 Goodrich (BF) pf (7). 109% 101 Goodyear Tire&Ru pf(7). % 864% Goodyear T & R pr pf(8). 3614 Gotham Silk Hos (2%3). .. 99% Gotham Silk Hos pf (7).. 18t Gould Coupler Cl A (2) 13 Granby Consolidated 60 Great Northern pf (5). 24% Gt North Ore ctfs (1%).. 91 Great Western Sugar (8). 10 Greene Cananea Copper. . 3% Guantanamo Sugar...... 80 Guantanamo Sug pf (8).. 23 Gulf Mobile & Northern. . 89% Gulf Moblle & Nor pf (6). 67% Gulf States Steel (5)..... 25% Hartman Corp (2%). 80 Hayes Wheel ($313). 66 Helme (G W) (163,).. 27 Hoe(R)& CoClassA.... 43 Homestake Mining (17).. 345 Household Prod (1313)... 59 Houston Oil. . 16% Howe Sound (2) . 21% Hudson & Manhat (215). . 33% Hudson Motor Car (3). 14% Hupp Motor Car (1). 111 Illinoie Central (7). 112% Iilinois Central pf (6). 13% Independ Oil & Gas (1) 13 Indian Motoreycle (2). 5% Indian Refining. ... 6 Indian Refining ctfs. Indian Refining pf. Ingersoll Rand (3). Inland Steel (2%). Inland Steel pf (7). Insplration Copper (2) Interboro Rapid Transit. Intercontinental Rubber. Internat Agricultural. ... Internat Agri prior pf(7). Internat Bus Mach (8). Internat Cement (4) . Internat Comp Eng (2) Internat Harvester (5) i Internat Harvester pf(7). Internat Match pf (3.20). Internat Mer Marine. . Internat Mer Marine pf. . % Int Nickel (2)....... Internat Nickel pf (8) . Internat Paper-. ... Internat Paper pf (7) . Internat Rys of Cent Am. 108 Internat Shoe (6).... 87% Internat Tel & Tel (6) 18 Intertype Corp (1%). 161 Jewel Tea. % 120 Jewel Teapt (7).... 11% Jones Bros Tea. A 111% Jones & Laughlin pf (7). 35% Jordan Motor Car (3).... 28% Kansas City Southern. ... 57 Kansas City South pf(4). Kayser(Jullus)& Co(3).. Kelly-Springfield Tire. . .. Kelly-Springfield Tire pf. Kelsey Wheel (8)... Kennecott Copper (4). . .. » Keystone Tire & Rubber. Kinney (GR) Co (4)..... Kinney (G R) Co pf ( Kresge S S (1.20) Kresge Dept Stores Laclede Gas (8)\ . Lee Rubber & Tire. . Lehigh Valley (3%). Lehn & Fink (3). Life Savers (40c) Liggett & Myers (+4) 56% Liggett & M CIB (14). 116% Liggett & Myers pf (7).. Lima Locomotive (4) . Loews Inc (2). LoftInc.... L Long-Bell Luni Cl A (4). 77 7 374 104% 2214 178 110% 10% Lorillard (P) Co (3)..... Lorrilard (P) Co pf (7).. Loutsiana Oil Refining. . . Louis Gas & El Cl A(1%) Louis & Nashville (6) . Ludlum Steel (2)... MeCrory St C1 B ((15.60). Melntyre Porc Mines (1). Mack Trucks (6) Mack Trucks 2d pf (7) Mackay Cos (7). 66 Mackay Cos pf (4). 69% Macy (R H) & Co. 34 Magma Copper (3 18% Mallinson & Co. . 78% Mallinson & Co pf (7). 34 Manati Sugar..... 424 Manhat Elec Sup(43%). .. 3214 Man Elev mod gtd (d5) . 2014 Manhat Shirt (1%). 281 Manila Elec Corp (2) 20% Maracaibo Oil Explora 4115 Market St Ry prior pf. 328 Marland Oil (4) 10% Marlin-Rockwe 18% Martin-Parry (2). 51 Mathicson Alkall (4).... 128.55 126.88 High, Low. Close. 44 424 44 1187 . 110 2915 16 74 - O Year to Date. High. Low. 139.16 120.98 . 112.85 106.16 115 313%1318 114 300 b3l 683y » 62 998, 104% 108 364% 1004 19 19 71 25 9915 11% 8 28 304 4l 69 21% 53t 41% 62 3254 36% 107% 22' 116 117% 116% 121 58 8% 32% 37l 102 11 123% 16 116 51% 373 61% 385 16% 66 110% 154% Loose-Wiles Blscuit. .1 i Mack Trucks 1st pf (7).. 103 8 1227 58% 36 8% 43% 84 24% 118 109% 107 132 9% SUNDAY COTTON PRICE EASES OFF 4 T0 15 POINTS Moderate Advance Followed by De- STAR. olines on Basis of Liverpool Cable News. By the Associated Press. NEW YORK, March 13.—A further 4| Mmoderate advance was followed by declines in the cotton market today. After selling to 18.48 or 11 points net 18.24 and The general market higher, closed at 18.28, closed steady u July declined to a net decline of 4 15_points. The opening was steady at a decline of 23 points to an advance of 7 points, with near months relatively easy in with disappointing Liver- 00! The covering movement which developed yesterday afternoon and after absorbed May and This made a net nee of about 7 to 10 points and a recovery of something like 60 points from recent low levels. tapered off. ympath. pool was inif y brices worked up to 18.94 for local ., the 112% 109% 28% 1 1% 2 1 % 1% 20 w 5% - 4 C* 387 - 8y 468 69 110 109 133 116 111k 314 544y 608, 368y 63 23% + 494, 63% 100 105% 108 38 100% 20 194 — 3 25'2 1011 11 8 20 31 100 — 71 301 42% 69 27% 55 43 64 34% 374y 109'% 22% 17 117% 121 121% 61 9 34 1874 102 + 53 95 27 166 11915 25 33 12315 17 115 5213 40% 63 - 40 17% 71 1121 63% 155 111% 80 -+ 1227 62 -+ 1381 9 — 149 45% 90 2 85% %] 18.69 and October to 17.54, of 13 'to 18 points. Last’ prices aocs within 3 or 4 points of the lowest on i ne and at the lowest levels “|of the day on late deliveries. near The first discovery of col‘.l in th .\'l::i(-;]uf :l\'.uhln;zlon was made in 1852 and the first mine was - D opened on Bel . Low. 75| 139% 101 26% 2415 22y 248, 38 S 147 4 110% 2 100 57% L1} cables, renewed, however, 1l offerings had been for October, calizing by recent buyers for coupled with Southern and in selling and prices eased off forenoon, May selling down months in 185 Stock and dividend. May Dept Stores (5). Maytag Co (2).. Metro Goldwin pt (1.89) . Mexican Seaboard . Miami Copper (1) % Mid-Continent Petroleum Middle-States O1l. . Midland Stl Prod pf Miller Rubber ctfs (2). Minneapolis & St Louls. . 21% 18 sourt Pacific pf. Montana Power (5) Montana Power pf (7). Montgomery Ward. . Moon Moters (3). other Lode Coalit ( Motion Picture (1%). Moto-Meter Cl A (3.60) Motor Wheel (2). Mullins Body. ... Munsingwear (3) Murray Body.. .. Nash Motors P at Biscuit (t4) Nat Biscuit pf (7) t Cash Reglster ctfs. Nat Cloak & Suit (4) . at Cloak & Sult pf (7) at Dairy Products (3).. Nat Power & Lizht (40¢). Nat Rys of Mex 1st pf. Nat Supply (3 t Tea C s vada Consol Cop (1). New Orl Texas & M 5 N Y Air Brake (2) Y Air Brake C1A (4) Y Canners (c2) Y Central (7). Chicago & S Chi & St L pt (6) Dock....... N Y Doe pf (5) N 'Y Lacka & West (5). NY a NY NY Y Ontario & Western Y Rallways ptctfs. N Y Railways pf ctfs agara F Pw Co pf(1%) orfolk Southern . orfolk & West pf (4). orth Am (b10% sock) North Am Edison pf (6).. srthern Central (4).... Northern Pacific (5)..... Norwalk Tir & Rub(1.60) Nunnally Co (1) 011 Well Supply (2) Omnibus Corp. . Omnibus Corp pr A (8). Onyx Hoslery. . Onyx Hosiery pf (7). Oppentieim Collins (3). Orpheum Circuit (2). Otis Elevator (6). Otis Steel........ Otis Steel pf Outlet Company. . . Outlet Company pf i Owens Bottle (+4).. Owens Bottle pf (7) 20, Pacific Coast 1024 Pacific Gas & Elec (8) . 51% Pacific O11 (3)..... 16 Packard Motor Car (2)... 17% Paige-Det Mot Car (1.80). 5975 Pan-Am Pet & Trans (6). Pan-Am Pet & T CI B (6). Pan-Am West Pet B (2).. Panhandle Prod & Ref. Panhandle Prod & Ref pt. Park & Tilford. Park Utah (60c) Pathe Exchange Clas: Penick & Ford 3 Pennsylvania Coal&Coke. 4 Pennsylvania Railrd (3). Penn Seaboard Steel. Peoples Gas Chicago ( i Peorfa & Eastern. .. Pere Marquette (18). Pere Marquette ctfs (4) Pere Marquette pf (5). Pere Marquette pr pt(5) . PhilaCo (4)........ Phila & Read Coal & Tron. Phila&Read Coal&I ctfs. . Philip Morris & Co. 3 Phillips Petroleum ( Phoenix Hosiery Phoenix Hoslery pf (7) Plerce-Arrow. . Pierce-Arrow pf. Pierce Oil. ... Pierce Petroleum. . Pitts Coal 76% Pitts Coal pf (6). 139% Pitts FtWayn&Chi pf(7). 30 Pitts Terminal Coal 79 Pitts Term Coal pf (6) . 127% Pitts Utilitles pf (11.20). 63 Pitts & West Virginia 64% Postum Cereal (4.40) 45 Pressed Steel Car. . : 76% Pressed Steel Car pf (7).. 12% Producers & Refiners 27 Producers & Refiners pf.. 62% PublicService N J (5).... 99 Public Service NJ pf(7). 109 Public Service N J pf(8). 921 Public Ser E1&Gas pf(6 100% Public Ser E1 Pw pf (7). 129 Pullman Company(8).... 33 Punta Alegre Sugar ; 25 Pure Ofl (12)...... 103 Pure Oil pt (8). 3215 Radio Corp of Am 447 Radpi Cor of Am p! . 53% Railwy Steel Springs(4). 114% Rwy Steel Springs pf(7) . 10% Ray Consol Copper.... 69% Reading (4).......... 35% Reading 1st pf (2). 36% Reading 2d pf (2)..... 43 Reld Ice Cream (3).. 46% Remington Typewriter. Remington 18t pf (7).... 103 Remington2d pf (8). 100 Remingn 1st pf ser S(7. 10 Replogle Steel . 42% Republic Iron eel. ... 84% Republic Iron & St pf(7). 5% Reynolds Spring......... 72% Reynolds Tobacco B (4).. 10 Robert Reis& Co.... . 63 Robert Reis & Co 1st pf. . 85 Rossia InsCoof Am (6).. 48% Toyal Dutch (a1.31 9-10). 45 Safety Cable () ...uvunee Demand then | Last prices were WASHINGTON, .D. to to . 1247 6% 521% 47 Elected_treasuret (., MARCH 14, 1926—PART 1. ———— | CURB LIST MIXED. Assumes New Duties T. FRANKLIN SCHNEIDER JR., of the Continental Trust Co., at a meeting of the direc- tors a few days ago. He is a native of Washington and has had wide experi- ence in both banking and real estate business. Recessions Occur in Large Number of Public Utilities. NEW YORK, March 13 (#).—Re- cessions in a large number of public utility and industrial jssues caused a decidedly irregular course in the carly movement of prices on the Curb Exchange today. There were a few strong points, especially Tubize Artifical Silk, which moved up 10 points, and Libby Owens. The prom- inent public utilities sustained early losses of points or more. Oil shares opened higher, but soon reflected the unsettled condition that on the Syndicate rose to a new high for the movement, selling to 18%, but failed to hold that improvement. Humble and Vacuum dropped back after an early displ of strength Tidewater Associated, when issued, shares were held steady around the high levels reached since their in- troduction to trading. 3UYS TANK CAR FIRM. NEW YORK. March 13 (®).—The American Car and Foundry Co. has cquired the Shippers' Carline Cor- poration, dealers in tank cars, it was announced today. The company operates more 1,000 tank cars and has plants Milton and Car- American Welding an Co. is a s . Officer Is Rewarded. A former Scotland Yard officer has Anticipatory Alibis. Is it a sign you are chicken-hearted to count on your excuses before they hatched? 120 123% -+ 0 1 115 $116% 68 Tl 36 66% 46% inherited a fortune, Buenos shortly before his death. v. Stock and dividend. St Joseph Lead (13) St Louis-San Fran ( Louis-San Fran pf (6 St Louls Southwestern. . . St Louis Southwst pf (5). o 1ze Arms (4) Schulte Retafl St (§8). . Sehulte Retatl St pf (8) aboard Afr Line. .. 418 91% 851 2 ShellTr& Trad (a%2%ke). . Shell Union O1] (1.40) 4 Shell Union O!1 pf (6) .. 43 'Sheubert Theatre. .. .. Stmmons (‘o (1! Simmons Co pf (7)...... Simms Petroieum (1). . Sinelatr Consol Ofl. .. Sinelair Consol & South Porto Rico Sug(6). Southern Dairfes B. Standard Milling (5). Standard Milling pf (6) Standard Oil of Cal (2)... dard Ollof N J (1). ndard'Oil of NJ pf(7). Sterling Prod (4). Stewart-Warner (6). Stromberg Carblret ( Studebaker Co (5) Submarine Boat Sun Ol (1).. Superior Oll. Sweets (‘o of America Symington......... Symington Class A (2)... Telautograph Corp (50c) . % Tenn Copper & Chem (1). Texas Co (3) Texas Gulf Sulph Texas & Pacific. Texas & Pac Coal Texas Pac Land Trust. The Falr (2.40). Chird Avenue. . .. Thompson J € (3.60). Tide Water Oil (113). Tide Water Ofl pf (5).... Timken-Detroit Axle(t4). Tobacco Products (6) Tobacco Prod ClA (7). Transcontinental Oil Twin City Rap Tr pf (7). Underwood Typewr (4). . Union Bag & Paper. Union Carbide (5) Union Oil of Cal (2) Union Pacific (10). Union Pacific pf (4) Union Tank Car (3)..... United Alloy Steel (50c). 4 United Cigar St (*3%). United Drug (8) United Drug 1st p United Fruit (+12) : “nited Paperboard (2). ed Railway Invest. United Railway Invest pf . ‘ast 1 P& Fdy (10).. st1P& Fdy pf(i). Distributing. . Hoffman Mach (3). Industrial Alcohol. Reaity & Imp (4).. Rubber L 3 s s s S Smelt Ref & M (312). 7S Smelt R& M pf(3%). Steel (7). Steel pf (7). Tobaceo (3) . Univer Pict 1st pf (8) Univer Pipe & Radiator. Univer Pipe & Rad pf (T)- Utilities Pw&Lt Cl A(2).. Vanadium Corp (2) . Viek Chemical (3%2) Va-Car Chem new w Va-Car Chem 6% pf Va-Car Chem 7% pf w i ¢ Va-Car Chemical. . . Va-Car Chem pf ctfs. Va Iron Coal & Coke Vivaudou Vivaudou pf (new). . Wabash Wabash pf A (5) Waldorf System (1% alworth Co (1.80 Ward Baking Class A.. Ward Baking Class B. Ward Baking pf (1) Warner Bro Pic Cl A Weber & Hellbroner (4) West Penn Co (4 West Penn Co pf (7) WestPeun Electric A (7). West Penn Elec pf (7) Western Maryland....... Western Maryland 2d pf. Western Pacific. 2 Western Pacific p 4 Western Union Teleg(8). West'house Air Brk(t7).. West'house E & M (4).. . 4 Weston Elec Instrument. Weston Elec Inst CIA(2). Wheeling & Lake Erfe. . . ‘Wheeling & Lake Erie pf. White Eagle Ofl (2) White Motors (4).. White Rock (2).... Wickwire-Spenc Stl ctfs. 914 Willys-Overland 7214 Willys-Overland pt 4% Wilson & Coctfs?. 16% Wilson & Co pf ctfs. 112% Woolworth F W (5) 26% Worthington Pump. 75% Worthingn Pump pfA(7). 55 Worthingn Pump pfB(6). 16 Wright Aeronautical (1). 45% Wrigley (Wm Jr) (14)... 60%2 Yale & Towne Mfg (15) 2274 Yellow Tr & Coach(75¢). . 90 Yellow T'r & Coach p£(7 63 Youngstown S&T (4)... RIGHTS—EXPIRE. 1% Pac Gas & Elec Mar 31. 26 14 Pub Serv, N J, Mar 31 ] 16% Reading, July 1.... 1% Schulte Stores March 15.. 14 Seaboard Air Line. .. 3% White Motor Apr 10 Dividend rates as given in the 57% 314 2 Plus 2 left him by Aires millionaire as an evi- dence cf appreciation for being saved from a gang of swindlers in London stock {10 common Mook a FINANC TAL. NEW FEDERAL-AMERICAN BANK TO BE OPEN TO PUBLIC FOR WEEK Completed Building Will Business Saturday—I Cages, Wickets BY EDWARD C. STONE, 'he new home of the Feder: mer- ican Natjonal Bank at Fourteenth and G streets will be open to the public beginning tomorow night at 7 o'cloc and continuing throughout the week. It was announced yesterday by John Poole, president. The institution will ake over its new building the follow- ing Monday, the proct of moving to be conducted after the close of busi- ness. Saturday, March 20. When the bank takes over its hand- some structure there will be added to Washington’s long list of handsome bulldings one of the finest banking structures in the entire country. Unique in equipment and beautiful architecturally, this building already as won the attention of banker: rchitects and artists from neighbol ing and distant citi M visited the bank and F as one of the outstanding st of its kind. During the week the huilding wi open for inspection to the publi rers, directors and employes bank will assist visitors in getting a full appreciation of the ma tures embodied in the building. tors will be received daily after i1 a.m. M 1 he ny Unique Features. Aside from the fact that the new Federal-American bank is the only Net. High. Low. Close. Chge. a i vaults, o | with % 19% + T - 2% 36— % 4% + % 4 e table h cash Doty aced: On the intest. uartatty or RALE yoasis: Mt . ‘neluded vayable stock. pay: :{mit of the addition of six to floors above the banking room in the | avent that the institution should need | financial institution in Washington with an elevated banking room, those who attend® the housewarming will find many other unique features The interior of the bank is fi ished in variegated stone from Aquia Creek, V led George Washing- ton fre This stone is taken from the oldes s in the coun- which were first operated in In the early d )t our coun try stone from them huildings as the White United States Capitol, Office and Fortress stone gives the room a tinge which {s in keeping with the Spanish design and the handsome gold-encrusted celling. The me: nine is highly attractive in color design, with its gracious archw carrying out the effect of the medieval architectural scheme. Upon entering the the visitor will be by the absence of wickets and grillwork associated with a_ban Federal-American Bank different from most ot that it has no cages: A special type of counter, originated by Mr. Poole and_ worked out in detail bv Al {C. Bossom, bank engineer and archi- tect, has been installed. This conn- ter is expected to be a decided im- provement over the estern from the point of view oth the castomer and the bank Has Two Vaults. 1s a money of the main lobby and a vault below the street level latter has a door weighing 30 tons and has a_ capacity of .00 said to be the largest shington, 3} iry Building. ment is approached elevator and is equipped with most. modern types of booths. | When the new bank opens its doors for business it will be equipped to render iis customers a special service through its might devository Customers of the bank who have occasfon to deposit funds after regular banking hours will be fur- nished with a key to the night de- pository. This device en positor to place his day's rec safe keeping with the bank depository leads to the safe posit department. Two rooms of special interest are the boardroom and the president's private room, both over the main lobby. These are finished in hand somely carved Italian walnut, in keeping with the woodwork design in_the lobby. i The bank building occupies a cor- [ner that has always been prominent in the history of the National Capital. Immediately preceding the erection of the present builidng it was the home of the Federal i in 1913 and consolidated the American National Bank November 1, 19 For years the old ding housed varfous departments of the telephone company. Prior to ithe utilization of the corner for com mercial purposes, however, it was the <ite of a schoolhouse, and more than House. the the hanki tedlers’ cagi <o generally The new listinctly The b e deposit The .h th de- organized location for the White House stables. May Add More Floors. The new bank builidng is so con- structed, it is understood. as to per to_eight additional space. If such a plan eventuates several of the upper floors would be rented as offices. With resources totaling in excess of $15,000.000. the Federal-American National Bank is considered one of Washington's large banking institu- tfons, It has had a rapid growt moval to the new building is expected to add considerably to its strength and prestige. Only recently stockholders of the bank approved {an increase in the capital stock from 200,000 to $1.600,000, giving that institution the second largest lending wer of any natignal bank in the Officers and directors of the bank soon will launch a new securities cor- yoration to be conducted to supply added financial service to the bank's customers. This company will have an authorized capital of $10,000.000, and will do a general investment. realty and securities busines Directors of Bank. Headed by W. T. Galliher. chairn of the board, and John Poole, pre: Bank counts among its directors many of Washington's outstanding busines men. The other members of the offi- cial staff are: Willam John non, vice president: W. J. Waller, vice president; Charles B. Lyddane. vice president; Charles D. Boyer. cashier; S. Louise Mitchell, assistant cashier; Willam M. Seay, assistant cashier H. H. Shackelford, assistant cashier Joseph D. Yerkes, assistant cashier; William C. Johnson, assistant to presi- dent; Erskine Gordon, trust lnfflrer; Leon Tobriner, generai counsel. The board is composed of the fol- lowing: Byron . Adams, Lester A. Barr, Albert E. Berry, Thomas Bones, W. I*. Brenizer, Alexander Britton, Walter A. Brown,” Joshua W. Carr, John H. Clapp, A. L. Ciarke, Myer Cohen, Willlam Knowles Cooper, John T. Crowley, John Dolph, T. C. Dulin, Willlam John Eynon, W. G Galliher. W. F. Galliher, Isaac Gans. Fred S. Gichner, W Ham, George W. Harris, C. M. Hendley, Dr. _Ralph denkins, Harry King, Ralph W. Lee, 1. B. Linton; Dr. Louis Mackall, J. A, Maedel, Arthur D. Marks, John L. Newbold, Frank B. Noyes, John Poole, Dr. James Brown Bcott, James I. Shea, Warner Stutleg, Leon Tobriner, George E. Walker, L. Perry West. Stockholders “Sitting Pretty.” ‘Washington stockholders in the Chesapeake and Ohio Railway say they consider themselves in a very favorable position regardless of which way the merger wind may blow next The raflroad’s present carnings wre ent into such | . century ago it was selected as the | since the consolidation and the re-| the | dent, the Federal-American National { Be Occupied at Close of nterior Without Usual and Grillwork. so satisfactory that they are not in terested in the revival of plans that right result in the consolidaion of i aflroads under the Van management But if ihe merger plans are ve vamped and another effort made te unite these roads, the Chesapeake and Ohio stockholders are sure to receive much better treatment than they did in the forrer proposed deal. or the Interstate Commerce Commission will again turn down the petition. The vigorous fight made by the minority stockholders settled that point. The next Nickel Plate move is he ing awalted with great interest and is expected to include an effort to find out just what the Interstate Com merce Commission considers equitable terms for an exchange of stock be i jous attempt will be made any new consolidation eet on April 13. ders in the Pannsy! have received an the annual stock holders’ meeting will take place on April 13 in Philadelphia. Aproval wil be asked for the lease of the propert: wnd franchises of the Pensylvania | Ohio & Detroit Ratlroad a con | solidation of five lines. including the ldirect line from Columbus to San | Jusky < e recently projected an .omplete Detroit Extension, by whicli he Pennsyvlvania ailroad gained er | trance to Detroit. | A two-thirds vote of registered on the 1 to bring about Stockholders | Local shareh [vania Railroad nouncement t states out its policy of the corporate « em. All of the nsylvania, Ol owged by the [ ompany {in carryin ing and compact Failures. 1 the number of TUnited States h 484 last week year ago. pares w defaults o over the tofal for this w is chiefly in the South West. Of the curren 269 had 1 in each case, which is equ + cent of the agere . when 267 default< dness of more thar h instance, the ratio was 3.7 per cent. EIGHT CONFESS PART | "IN BIG MEAT FRAUD | Sl | | Disclose Substitution of Inferfor | Animais at Slaughter House After Prize Stock Weighed In. ated Press 1 13.—The Chica eight stateme ssiong of a system have been 1 ere reported stained by By the Ass CHICA Jour amount by which pac 3 sands of dollars e if the charzes in the statements are proved. The al legations are that trades, in collusion with weight masters and stoc employ have htituted infe live stock for delivery to the slaugh tering_houses after weighing choice animals. It appeard that the investigatior has no bearing on the meat inspection service of the Department of Agri culture, the chief of which, Dr Wesley T Neil, died simultaneously with the disclosure that an investi- gation was in progress. | RESURVEYS HUGE TASK. i‘s\weepmg Inquiry on Oil Shale Claims Taxes Land Office. With its present force the General | Land Office will require several v | to complete resurve; in connection omal Bank. | More than 2000 claims require i | vestigation as to boundaries and valid ¥, Commissioner Spry explained yes erday, adding that the inquiry thus far has not uncovered any evidence fraud in application for patent of claims filed under the old mineral land aw. The resurvers were decided upon be cause many of those made prior to 1910 under contrict by private sur rs have been shown to be fnaceu rate. As a result of the failure of nume: ous original claimants to apply for | establishment of their titles, Commis sioner Spry declared thousands of | acres of valuable oil reserves would revert to the United States. WALL STREET BRIEFS NEW YORK than 30.000 s water Oil Co. and Associated Ofl Co. which will be consolidated as the Tide water Associated Oil Co.. have received statements from .Axtell J. Byles, who ! will be president of the new company {and_Paul Shoup. president of Asso- | ciated Oil, with offers for exchange of their present common shares for stocl. of the new company. Emphasis was placed on the carning power of they two companies operating as a unit which it was said would be appre clably strengthencd owing to the greater flexibility in their combined or ganization for production, transporta tion and marketing. March 13 (®).—More | The combined properties last vea: produced 23.967.000 barrels of cruds oil. and the combined refining capacit: s 125.000 barrels daily. Both com: panies bought more crude than they produced, the total of 304773 bar I 1 purchases i 83,500 barrels a day. More than 100 se ties arve listed t sell ex-dividend on the New York Stocl Txchange on Monda Among the is sues are Coca-Cola, Gulf States Steel, American Car Pere Mai quette, St. Lou n o Rail- way, Hudson Motor: Famous Players, Amer and Telegraph and Phillips Petroleun Stockholders of the Lone Star Gas Co., have been offered the right to ex change each share of the present stock of §25 par value for one and two-thirds shares of stock, §25 par, the Lone Star Gas Corporation, a re. cently formed Delaware corporation, which will take over the assets of Lone Star Gas of Texas, provided 8o per cent of the stock is deposited with the Pittsburgh Trust Co.. by April 1 Fractional shares will not be issued The new corporation has authorized capital of $30,000,000, of which $ 00,000 will be used in exchange for the $13.500,000 stock of the old com pany. ,The remainder either will be sold to stockholders or used to acquire new properties in the future. Bank clearings throughout the coun try for the week are compiled o $10,016,087,607 by the Commercial and Financial Chronicle, an increase of 6.7 per cent over the corresponding period last year, when $9,384.630,311 was reported. New York Citr aained 10.6 per cent. .