Evening Star Newspaper, March 24, 1926, Page 28

FINANCIAL, MIARKET IS WEAK; LISTBREAKS BADLY, Favorites of Fall Bull Drive Hit in Slump—Some i Shares Collapse. BY STUART al Dispateh to T W YORK, March s iy of declining with the marke ders, but the ! 2 per cent, but | Jdish to connect cline in stocks. ive interests ve, were ha cing to double reason for the ofessional “element, working iy on the short shde, was str - iture that sto their for his meant th hany stoploss orders, n intending buyers how the mtinue. rer were holding downward swin Muck Trucks Break. . « @ violent break n N "N tore, which had airly well, succumb. Hudson Motor was points from its top of S heavy pressure was off over 30 10 points, > 1926 TOp- was 4 poor mar! W specialties. to support a downward ket for the in attempt was e piun: ve W h. Tnternatic Senvs-Roebuck were in 1. collapsa. United nd Tobacco Products Amel an (4 ff over a point i n Baldwin 1 ively stead tric brok of the we were offered nd Foundry nd only the short Locomotive kept v on the decline. some 10 points akest stocks on merican Weak. had been in a nar- some re of sugar North / American Sugar held up by & short § row market, finally sponse the lower fenr v American € In the m into the new selling came “ieciined with the New York Central, Atchison were oft . carried sacific and o \ e Junijor as. were Markets at a Glance e i) ie the Associated NEW YORK breaks il and oil . weak: Amer- Bonds, THE EVENING STAR, '| NEW YORK STOCK EXCHANGE AbItibi Pow (4).. Advance Rumley Ad Rumley pf(3) ’Ahumndn Griy... Alr Reductn($5). Afax Rubber. Ala & Vieks (8). Allled Chem (4). Allled Cm pf (7). Allin Chalm (8).. Amerada Corpn. . {Am Arrieul Chry Am Agri Ch pf. Am Rank N 1.60. {Am Neet Sug (4) Am Rosch. | Am Brake Sh Am It Shoe pf (7) Am Rr Bover! .. Am Br Bo nf (7). Am Can (48) .. Am Can (new). .. {Am Car&Fdy () Am Chain A (2). {Am Chicle, . Am Chicle ctrs. . Am Drug. Am Expre: Am & For Pow Am & Fo P pt (7) Am Hide & T.ea Am Hide & L pf.. Am Tee (110). Am Internatl. Am La Fr (1) Am Linseed. . Am Linsd pf (7). Am Loco (%) Am Loco pf (7 | | | Am Metals 14) Am Plano pf (7). Am Radiator (4). Am Safety R (3). Am Ship & Com. . Am Sm & Ref(7) AmS & Rpf (7). Am St] Fdys (3). Am Sugar (5)... Am Am Sumatra. Am Tel & Ca (5). Am Tel&Tel (9). Am Tobacco (8). Am Tobac B (8). Am Wa Wo 71.20 Am W W 1st (7). Am Woolen..... Am Wool pt (7). Ann Arbor pf.... ArmourDel pf(7) Armour T11 A (2) Armour 111 (B).. Arnold Con (n). Artloam (3).. Artloom pf (7). Art Metal (1). Asso DryG(2%). Asso DG 2d (7). Asso Of1 (2)..... Atchison (7 Atchison pf (5) Atl Birm & At. .. Atl Coast L (19). AtIGuif& WI... Atl Gulf & WIpf. Atlantic Refing.. Austin-Nichols. . Baldwin L (7)... Balto & Ohlo(5) Balto & Oh pf(4). Rang & Ar (3)... Bang & Ar pfi7). nsdall A (2). tarnsdall B (2) Reech-Nut (+3).. 1 Belding Bros(3). Rethlehem Steel. Beth Stl pf (7).. Booth Fisherfes. Rriges MIg (3).. Ekin Edison (8). BKIn-Mn Tr (4).. Bk-Man T pf(6). Bkin Un G(t11).. Brown Shoe (2) : | Brunswick Balk. stock market. gar, steady; 1 support. Coffee, weak: eusier rket vealk favor- Corn, steady. Tower; uthwest. Cattle, WEAK Liquidation Becomes More General in Final Hours. NEW YORK, March 23 (P).—The closing was wenk. With the advance in the call money rate tc cent, liquidation became mo and prices broke sharpl, of the li Amel points and du and 612 Total sales ap- ,000 shares. PITTSBURGH COAL CO. HEADS OMIT DIVIDEND NEW YORK. March 24 (P). e f the Pittsburgh Coal . 1 mitted the quarterly dividend 70 a share on the preferred due at this time. POULTRY MARKET WEAK. NEW YORK, 4 24 (). —Live s by freight, unquoted firm; DRY GOODS UNCHANGED. Dispateh to The YORK, March 24 —Cotton ntinued quiet today, unchanged. at 77 for silks were a bit slower at un- e NEW YORK DAIRY PRICES. NEW YORK, March 24 (®.—But- tendy; receipts. 11,064 tubs. ing stock. current muke, No. 2, 39,790 cases. firsts, 31a31% 3. fresh receipts . extr: Firm: gathered, and nearby 0! firsts to : nearby pullets, ¥ browns, extras, & do., Cheese > pouhds. 8. 211,640 . . RUBBER PRICE DROPS. specdal Diepateh to The Star NEW YORK. March 24.—Crude yibper, standard grade, was quoted i @ cents at noon today. This com- prgy with 611 cents Tuesday, 67 cenfs a month ago and 423 cents a year azo. g e gt am H DIVIDENDS. ! Pay- Stock of Able. record. May 24 Apr.17 May 1 Apr.20 s Apr. 5 Mar, 2t e Apr. Mar. Apr. 15 ‘Apr. Apr.15 Apr. 5 July 5 Oet. + Cop Ating P r pfd. . 0w July 1 Oet. 1. o Com. Pover b9 bt 20 2503 E8E] - A= 38 22> E> LS S>> SEs 113 R bt s r i B 5 { | Brunswick Ter... Burns Bro (10).. Burns Br B (2).. Bush Terminal.. Butte Cop (50c). Butte&Super(2). Butterick alluhan Zine. .. 1 11f Pke (18) | Calif Petrol (2) umt & A H43%. Calume&H(13%). Can Pecific (10). Case Threshing.. Case Thr pf (7). Cent Leather. Cent Leather pt. Century Rib (2). Cerre De P (4)... Certain-Teed (4) Chana-Cleve. ... Chand-Clev pf Ches & Oh (112). Chesg&O pf (8%). Chi & Alton. Chi & Alton pt Cht & East 111 Chit & East [11 pf. Chi Great West.. st pt. . i Mil & 8tP pf. Mil & St P ctfs. CMII&SLP pf cfs. Chi & Nwn (4) ChiPneuT (5).. Chi R1& Pac. CRI&PDL (6).. CRI&PPL (1. Chllds (32.40) Chile Cop (2%). Christie Brown. . Chrysler Corp(2) Chrysler pfA(8). Coca Cola (7).... Coca-Cola pf (T). Col Fuel & Iron. Colo Southern Colo Sou 15t (4). Col G & E (2.60). Col G & Epf (7). jCol Carbon (4). Com Cred (2).... Com Cred 15t 6%2. Com In Tr pf 6 Com Solv A (4). Com Solv B. . Congoleum-N Conley (sta). Consol Cigar.... Consol Distribut. Consol Gas (5).. Consol Textile Cont Can (16)... Cont Insur (6). Cont Mot (80¢) . Corn Prod (2)... Coty Inc (4). . Crucible Stl (5).. Crucible pf (7). Cuba Cane Sugar. Cuba Cane Su pf. Cuba Co (4)..... Cuban Am S (2). Cuban Domin. Cuban Dom pf Cudahy Pkg ( Cushman's (8)... Cuyamel Fr (4).. Davison Chem. .. De! & Hud (9) Del L & Wn (t Detroit Ed (8)... Devoe&Ra(2.40). Dodge Bros Cl A. Dodge pf (1).. . Dome Mines (2). Dui§S & Atlan.. Dul SS & Atl pf Dupont (10 Eastman (18) Eaton Axle (2).. Eisenlohr & Bro. El Auto L(18%). Elec Powr & EP&L DL 40% ( Elec P & L pf(7). Elec Sto Bat(18). End John (5). Fairbanks (3) Famous P1 (8 TFedLight(*1.40) 10 | Fi - 10| e - 10 visher Body (5). Fed Min & Smelt -89 | Fea Minpf (7).. 73 d Phoenix (8) t Nat S(1%). Open. High. k3 6 12% 12% 62 52 8 8 14 114 100, 108, . 107% 107% 120 119% 1 83 121 197 83 264 234 3% 64 27% 21 2214 122 122 110% 110% 90 266 268% 451 45k 98% o1% 9% 9% 100 100 118% 118% 6l% 51% 94 94 110% 1 50 Bl 10 10 122% 122% 11814 118%s 427 427 1% T1% 104 7). 102% 102% 12% 12% 40 40 145% 145% 114% 116 1134 113% 60% b1% 101% 101% 33 83% 79 1 8 8 44 AN 69 694 261 964 22% 2% 12% 124 22 22 B53% b638% 1261 1264 95% 95% 2% 2% 204 204 40% 40% 43% 43% 100 100 20% 20% 106% 106% 89% B9 681; 684 39% 39% 188 % 12 12w 120% 129% 34% 84w 19% 19% 5 13 12% 12% 20 20 1% 131 36% b57% 14% 165 8% 1004 18% 50 60w 17 17 62% 62% 444 44w 17 1TH% 37% 37% 133% 134% 1% 181 35% T4 14% 102% 102% 48 48% 8514 854 83% 26 36 101% 101% 1304 181% 101% 101% 1w 81 bd% 55 €5% 654 3% T4m 13 1ns 130% 130% 120% 129% Deere&Co pf (5). - 187% 126 125% 8% 374 884 864 18% % % 211 108% 27% 14 68 4% 20% % 60% 119% 31% 31% 8 86 3 176 36% 917 923 Low. 5% 12% 1 % 111% 11 104 10% 107 107% 116% 118 119% 119% Rl 25 22% Close. 76% | Fisk Rubber 2% 52 8 2 Fisk pt stpd (7). Fletschman(2). . Freeport-Texas.. Qabrlel Sn(+3% ) Gardner Motor. . Gen Am Tnk (3). Gen Asphalt.... Gen Asph pf (5). Gen Cigar (8). .. Gen Gig deb (7). jGen Clgar (n). .. Gen Eiectric (8) . Gen Elec sp(60c) Gen Gas A (113). n Gas pf B (7) en Mot (112). Gen Mot pf (7) Gen Qutdr Adv. Gen Petrm (3) . 23% 23% GenRySig(t4%4). Gimbel Bros. Glldden (2) Gold Dust, . Goodrich Ru (4). Goodyear pf (7). Gothm S H(7%) Gould Cou (2) . nby Consol. North pf (5). Gt Nor Ore (1% ) Grt Watn Su (8). Green Canan. Guantanamo. Gulf States S (5) Hartman (2%).. Hayes W (1315). Hoe & COA...... Househd (13%). Houston OIl. ... Howe Sound (3) . Hudson Man 214 . Hudson®fot (3). Hupp Mot (1)... Ilinots Cen (7). 111 Cent pf (6) Tndep O11 (1). Indian Refining. Indian Moter (2). Ingersoll R (3). Inland St (2%) Inspiration (2). Interurb Rap Tr. Intcontal Rubber Inter Agri... Int Bus Mach(3) Int Cement (4).. Int Com Eng (2). Int Harveser (6) IntMtch pf(3.20). Int Mer Marine. . Int Mer Mar pt, Int Nickel (2) Int Paper.... Intl Paper pf (7). Int Shoe (6) Int Tel & Tel (6). Intertype (t1%). Tewel Tea . Jones Bros Tea. Jordon Mot (3).. KCP & L 1st (7). Kan City South Kayser J (3) Kelly-Spring. Kelsey Whi (8) Kennecott (4) Keystone T & R Kinney G R (4).. Kreage ¥S(1.20). Kresge Dept S. .. Laclede Gas (8). Lee Tire & Rub.. Leh&Fink ctf(3). Lehigh Val(3%). Lifesavers (40c) Liggett & M (14) Lig& My B (14). Lima Loco (4). Loews Inc (2) Loft. Long Lor{ilard(3).. Loutstana Ol LoutsGasA (1.75) Louts & Nsh (8). Ludlum 2)..... McCrory ($5.60). M'CroryB(25.60) Melntyre P (1).. Mack Trucks (6). Mack T 18t (7).. Macy HR & Co. Magma Cop (3) Mallison & Co. .. Man El Sup(4%) Man-Elevgtd. ... Man EI gtd (d5). Man Shirt (114) Maracaibo OIl. .. Market Street. .. Marland Of1 (4). Marlin Rock (2). Martin-Parry(2) Mathieson (4)... May Dept St (5). Maytag (2)... Mexican Seabd. Mtami Cop (1). Mid-Continent 27 s 21% 118 17% 110% 1104 864, 6 3 17% 117% 28% 28% 80% 90% 10 10% AT 474 18 118 374 8T 18%_13% a5W 36 790 T9% a8l 98Y% 1188 118% 50 b0 04 108% 48 9% 9% 18 120 118% 113% 42 a2 70 102 70 102 101% 101% 82% 83% 9 7: 8 43% 48% 69% 69% st 964 22 22% 1% 12 21 21 6534 63% 108 108 21 21 40% 404 108 108 57% BT% 124% 126% 95% 854 2% 2% 106% 197 39 39 43 43 99 99 20 20 104 104% 87 884 681 684 394 391 100 100 27 27% 26% 26% 56% B6% 34 844 41 4l 100 100 4% 4% 20% 29% 136 68% 58% 80 80 69% 69% 88% 88l 26% 25% 124 18 129% 129% 84 84 19% 19% 5 13 124 124 20 20 1% 124 127 34 B4% 55% b66% 1% 100 Min St P& SSM. M St P & SSM pf. Mis Kan & Tex. . MoK & T pf (8). Missour! Pacific. Missour! Pac pf. Montana Pow (5) Montgom Ward.. Moon Mot (3) Mothr Lode(7: Motor Met(3.60). Motor Whi (2). Mullins Body. Murray Body 100% 101% 42 43% B4 964 52% 82% 424 344 993 128 101% 101% 30 80 54% 66 6514 66% 72 8% 13 118 62 62% 29% 81 95% 95% 93 93 127 127 124% 124% 174 17% % % Nat Acme (sta). . Nat Biscuit (14). Nat Cash Reg(3) Nat Cloak & Suit. Nat Cloak pf (7). Nat Dairy (3)... Nat Dpt Store: Nat Distillers. .. Nat Distillers pf. Nat Lead (8). Nat Pw&Lt (40 Nat Ry Mex 2d. Nat Supply (3). Nat Tea (4).. NY Afr Brake(2) NY Canners(c2). NY Central (7).. NYC&BtL(17%). NYC&StL pf (6). NY Dock ( NY NH & Hart. NY On & West. .. *NY Rys pf tefs. NY Rys part cfs, NY State Ry: . NY State Rys pf. Norfk & Wn(18). North A (B3.40)% North Am pf(3). NthAm Ed pf(7). North Pac (5) Norwallk (1.60; 48% | omnibus 984 | Oppenheim (3).. Orpheum cmz'))‘ tis Elevator(6). :gév. {g}sh Otis Steel. . 124% 124% 87 37 |O 30% 32 85 86k 17 17 4% 4u 61 6l 198 208 107% 26% 14 67 4% 19% 66 b56% 8 3 43% 20% 106% 1061 Owens Bot (t4) Paclfc Gas (8)". PacOll (3)..... Packard Mot (2 Paige Mot(1.80) Pan-Am (6) Pan-Am B (6). Pan-AmWnB(2). 1 | Panhandle. Park & Tilford. Park Utah (80c). Pathe Ex Cl A Penick & Ford. Pennsy RR (3)... Penn-Seab Steel. Peoples Gas (8). Pere Marq (18) Pere Mar pf (5).. Phila Co (4) Phila& RC&I. Phillp Morrii Phillips Jon (4). Phillips Pet (3).. Phoenix Hoslery. Plerce-Arrow. Plerce-Arrow pf. Pierce Gil. . 763 66% 26% 884% 86% 4 49% 116% 30% 82 72 175 176 85% 85% 8 87 17% 28% 34% " 106 105 111% 524 8024 11% Y 2% 24% 98 10% 7 TN 29 62 848 364 894 21% 116% 118 25% 1% d 117% 68% 118% 24% 8214 16 45% 107% 1% 68 53 21 162% 11 84 147 2845 124 43 84 86 24 115 110% 8% b5 29% 19% 77 114 22 ™ Nat Enam pf (7). 15 1 Nevado Cop (1).. 17 54% 28 116 10 1% 124 Pac Gas & Elrts. 3 1% 119% 82 Received by Private Wire Direct to The Star Office . High. Low. 17% 15 Fisk 1st pf cv(7) 10115 101% 3 21% 1164 118 26% 1% 0% 88 39 2 54 164 18 4l% 6044 4d% 15% 101% 81 45 147% Close. 16% 101% 41% 98Y, 61% WASHINGTON BANK TAX BILL PASSED. Measure Gives States Right to Place Levy on Natioral Banks. Legtslation to authorize the States to tax the Incomes of National banks under certain conditions was complet- ed at the Capitol yesterday when the House acted on the bill which had previously passed the Senate. The measure I3 ready for the signature of the President. Tt would amend existing banking laws to mako it possible for States having income tax laws to tax Na- tlonal banking assoctatfons and their shareholders on a parity with other corporations and their stockholders “The bill," the committes report ex- plained, “provides for niternative ex- clusive methods for taxing Natfonal atlon of shares as heretofore; taxation of the dividends as personal i me as heretofore; taxation of the nk on net income as heretofore, and taxatlon of the bank, according to, or measured by, net income." BAR SILVER PRICES. NEW JRIK, March 24 (®).—Bar silver, 65 Mexiein dollars, 508§, Pierce Petrol. Pitts Coal. . Pitts Coal pf (6). PittsUpf n(1.2 Pitts& West Va. Postum (4.40). .. Preps Steel Car Pr Stl Car pf (7). Pressed Steel (n) Prod & Refiners. . Pub Ser NJ (6). Pub S NJ pf (7). Pub § NJ pf (8). Pullman Co (8) Punta Aleg Sug. Pure Oil (12) Radio Corp of A. Raiio C pt (3%). Rwy St Spr (4). Ry St Sppf (1), Ray Cons Cop Reading (4) Reading rts Reading 2d (2). Reid Ice Cm (3). Remington Type. Remingtn 2d (8). 4% 334 5 4% 31% 1% 4%y 4341 115% 58 By 308, 854 49% 9% 150 116% 28% 82 16%, i 107% 89 86 88 20 6% 72 64% 81 6% 40 28 16% 1% 52% kid 4 50 650 93% 684% 10% 47% 9i (180 124 2 656% 38% 19% 65 [ 3% 8% 22% 6244 18% Replogle Steel. Rep Iron & Steel Rep I & S pf (7). Reynolds Spngs. Rey Tobac B (4 Robt Rels & Co Rossla Ins (6). Royal Du(a1.33). St Joseph Li(13). Safety Cable (4). StL & SanFr (7). StL&SanF pf(8). St L Southwest. . StLSwopf (5).. Savage Arms (4) Schulte (§8) . Seaboard Afr L. Seanoard A L rts . | Seabd Alr Lipt.. Seagrave (1.20). Sears-Roebk (6). Seneca Copper. Shattuck F G(2). Shell Un (1.40).. Shell Un pf (6).. Shubert Theatre. Sitmmons(12.25). Stmms Pet (1). Sinclalr O11. Skelly 011 (2) Sloss Sheff (6). South Por pf(8). Southn Dairies B South Pac (8) Southern Ry ( South Ry pf (5). Spear & Co.... Spicer Mfg. Std Gas & El (8). Std Ml (6)..... Std Of1 Calif (2). StdOIINJT (1).. 8td Ol NJ pf(7). td Plate Glass. . terling Pro (4). Stewart War (6 Stromberg (6) . Studebaker (5). SunOf1 (1). Superfor Oll. .. Superior Steel. . Sweots of Amer. mington. .. ... Symington A(2). Tenn Copper (1). Texas Co (3).... Tex Gulf S (10). Tex & Pacific. ... Tex& PacC&O. *Tex Pac Ld Tr.. The Fair (2.40) ‘Third Avenue Thompson(3.60) . Tide Water(1%). Tide W O1l pf(5). Timken (t4) . Tobac Prod (7) Tob Prod A (7) Transcont Oll... trnderwood (4).. Un Bag & Paper. Un Carblide (5).. UnOil (2)... Un Pacific (10) Un Pacific pf(4). Un Tank Car(5). Utd Al Stl (50¢). Utd Cigar(®3%). United Drug (8). UtdDrg 18t(3%) . Utd Fruit (112). Utd Ry Invest. .. Utd Ry Inves pf. USCIP&F(10). U S Distributing. U § Hoffman (3). U 8 Ind Aleohol.. S Realty (4).. U P& LA (2) vanadium (2 Vick Chemica Vu-CarCh(n)w 1 Va-CarCh 6% pf Va-CarCh 7% pf va-Car Ch ctfs. . Va-CarCh pf cfs vivaudou Vivaudou pf.. abash. . ‘\;:nbuh pLA (5). Waldorf (1%) - Wwalworth (1.80). Wward Baking A.. 1 ward Baking B \Vurner(:s)ro& ‘xe:‘::nn ELA (7). 90 West P Po PH(1) . 109 st Unton (8).. WesthseAB(11). Westinghse (4).. Weston Elec. ... Wheel & L Erte heel & L EPI. - White Eagle (2). e Mot :42..)4 . ite Mot (rts). White Roek (2). Wickwire ctfs. .. Willys-Overland. willys-0d pf(T)« wiison & Co. wilson & Co pf. wilson pf ctfs Woolworth (5) Worthn Pumi. worthtn A (7). 113% 69% 16% 21% 40 27% 4 3% 82 % | worthton B (8).. 1% 72 62 39 1% b1 28 | 85% 1% wright Aero (1). WriglyWm(t4).. Yale&Town(15). Yel T &C (76¢).. Youngstown (4). 76% 76% 714 Dividend rates as given in ‘the above table are the annual cash, payment on the [slest querterly or haf early declarations. Urioes Dihierwise noted. exira or special Givi: e A e Sour. fio- rogular rater bor optlonal. i stock. ~ SPartly stock. Pasily extra. 8Payable in nreferred 5 3 Tus P90 rtock pavabte 109 auacterly. &Pl Bl i awch Do wble 1% wskbedy, D. ¢, WEDNESDAY, . Received by Private Wire UNITED STATES. (Sales are in $1.000.) Sules. High. Low. Close, Lib3%s... 117 1019 1016 1018 Lib1st4%s 10 1028 1025 1025 Lib2d 4%w. 381 100 29.100 26 100 26 Lib3d 4%s. 424 10156 1013 1013 Lib4th 43s 174 102 15 102 13 102 US3%a 100 15 100 15 100 15 US4s1944. 13 10328 10322 103 22 US4%sb2. 75 10728 10722 10724 FOREIGN. Sales. High. Low. Closa Argentine 65 Ju 9. 88 28 Argentine 6s Oct 59 10 9844 Argentine 65 A.... 12 99% Argentine 63 B..... 33 9844 Argentine 73. 101% Australian b W 9% Austria7s. .. 3 100 Bank of Chile 6%s. 30 9574 Bank of Japan 6s flelgtum 6s. Belgium 6148, Belgium 7s. Helglum 7141, Belgium 8s. Bern8s. ... Rolivia 8. Bordeaux Brazil 7s. Brazil 88 v B8 Canada 65 1931.... 12 Canada 68 1962. ... . 20 Canada 551929 Chile 75 1943 Chile 81 1941, Chile 85 194; Chinese Gov Ry Con Pow Japan 7s.. Copenhagen 6% Cubab%s. ... Czecho 7% s rets. Czecho 8= 1951. Czecho 85 1952 et.... Danish Munfc 85 A. Danish Munic 8s B. Denmark 6s. . DET5%s Mch53.. DEIn5%s Nov53. Dutch East I 6s 47. Dutch East 163 62, El Salvador 8s 48 Finland f 65 45. Finland 7s 5 Framerica French 7s. French %8s French 85 11 German EI P 6%s. . German 7s.... Ger Agr Bank 7 Ger Gen Elec 78 Hait! 65 o Holland Amer 6%3. Hungary 6%. 2 Italy 7s.... Japanese 6. Lyon 6s. . Marseille 68 Mexlco 45 10 X Mexico 5s assented. Montevidio 73 g 984 Netherlands 65 54.. 12 103% Netherlands 65 72. . 106% Nord 6%s. . 9% Norway 5%s. 96 Norway 65 1943 101 Norway 68 1944 101 Norway 63 195 Orfent Dev deb 6s Parts-Ly-Med 6s. .. Paris-Ly Med 7s.. Paris Orleans Peru 7%s. Peru §s Poland Poland 8. Porto Alegre 85 Prague Ths Queensland 6s. Queensland 7s. ... R10 de Jan 85 1946. Rto de Jan 8s 47 Rio Gr Do Sul §s... Sao Paulo City 85 Sao Paulo 85 1936 Sao Paulo 1950. {Saxon (P W) 78 Seine 7s 42 Serbs Crot Slo-8s Sweden 518 Sweden 6. ... Swiss 5% 1946 | Swiss Confed 8s. Toklo bs Utd Kingm 5 3 Utd Kingm 6%s 37. Uruguay §: » Zurich 8s. 5 107% MISCELLANEOUS. Am Agri Chem 7%8 11 1047 104l !|Am Chain 6s....... 12 101 100% AmRepubdeb6s... 8 99% 99 AmSmit& R 1st5s 18 100% 100% AmSmlt&R6s.... 15 1074 107 Am Sugarref 8s... 14 1044 104k 37 9T% 9% 15 1024 1017 96 99% 9914 9 104% 1044 AmT&TsL5s.... Am T & T deb 5ias. Am Water Wks 4 97 97 Am Writing Pap 65. 2 4414 4d% Anaconda 18t 6s.... 54 1034 102% Anaconda cv db 7s. 26 1047 104% Andes Cop Tsrcts.. 44 100 994 Armour&Co dlastf. 8 9k 90l Armour Del 54s... 14 954 94% Ansoclated Ofl 8s... 1 102% 102% Atlantic Refin5s... 1 100% 100} Barnsdall 6sctfs... 73 1004 Bell Tel Pa 63 B.... 17 1025 Bell Tel Pa 55 C.... B3 1024 Beth Steel pm 5s... 20 954 Both Steel rf 6s.... 12 99% Beth Steel 5143 53.. 24 924 Bethlehem Steel 6s. 23° 984 Brier H St 1st 5%s. 2 1024 Bklyn Ed gen 6s.... 3 193% Calif Pete 8% 8. 2 108% Cen Leath 6s 45 cfs. 9 1004 Chile Copper 68 32.. 12 1074 CinGE5%862.... 2 104% Col Gas & E1 53 Ata. 2 100% Commonwlth P 6s.. 6 1034 Con Coal Md 18t 68. 2 83 ConGasN Y 6%s.. 9 1054 Consumers Pow §s. 10 100 Cuba Cane cv 7 8 o4 Cuba Canecv8s... 1 98% Cuban Am Sug:8s.. 6 108% Det Edison 65 40... 6 102 Det Edison ref 68. Dodge w i6s. ... 9! Duguesne Light 65. 3 106% Est Cuba Sug 7%s. 2 106% Empire G & F 7%s.338 104 Fisk Rubber 8s. 7 116 . 66 0 & Co 638, .. .- :i:’:mhln O & R5%S 20 1024 Tilinols Bell 1t 6s. 82 102% Indlana Steel 5s... 9 104 Int Mer Marine 6s. 48 85 Int Paper6s47.... 6 93% Int Paper 6 Int T & T 6%S. Kan CP&L 68 A 52. Kan G & FI 65 52 Lackawa 8 65 60. Lacl G rafl(fib;filfi ede 8 g:;elt & Myersbs. 4 102% Lorillard (P) 68.... 1 100 Louisv G & E6852. 10 99t Midvale Steel 5s... 14 941 Jat Tube 1st 68.... 81 103% {:}::v l;fl! Tel 6S.... 4 102% N Y Edison 6s 44. 4103 N Y Edison 6%s. 1 1156% NYGELH&P 4s. 16 :_0,2 Tel 4%8..ccene ::Tal 6541, . 10 108% 49. 8 110% N Y Tel 63 € 1035 11 101% 11 104% 17 98% 4 101% 10 104% 108% 103% 1024 102% Nor States Pow 6s.. Nor States Pow 6s.. otls stee: ;%n. tis Steel 88. gu: Gas & El 68. T 58 62 Bde e Petets.. 3 107 104% ub Serv Elec 6: B s 5348 60. b Berv Gas 5%s 6¢. Rep Iron & Steel 5. Remingtn Arms 63. aks & Co sf 18 ghlrnn St1H 8s. Stnclair O11 68 Sinclair Of1 & Sinclair Ofl 8. Sin Crude Oll 6s Sip Pipe Line 53 1 86 4 109% 109% 107% 108% 100'% 89% % [ OB Un Sta 448 st &G % | Man Ry 15t 90. MARCH 24, 1926. Divect to The Star Office. Sales. High. Low. Close. 48 110% 116% 116% 6 102% 102% 102% 4 107% 107% 107% 2 102% 102% 102% 19 99 98% 98% 24 106% 105 105 1 108% 108% 108% 10 105% 105% 106% « 27 93% 92% 92% 107% 107% 106% 106% 96 96% 9945 79 93% 937 101% 101% Westn Unifon 6%s. 112% 112% Westinghouse 7 s 106% Wilson & Co 1at 100% Youngstn S& T 6s. 102% 102% !Eke”y Oll 6%s. South Bell Tel bs. .. So Por Rico Sug 7s. Southwest Bell 5s. . ‘Toledo Edn 18t 7s. . United Drug 6s. U S Rub 18t rf bs. {US Ruh7%s. U S Steel s f 6s. Utah Pow & Lt bs. | Vertientos Sug 7s. Warner Sug 73 39 29 79 10 102% Ann Arbor 48 Atchison adj 4s. . Atchison gen 48 Atlantic C Lel 4 Atlantic C L 1s Atlantic C L 7s B & O Gold 4s. B&Ocv4ys. B&Oref bs. B& O 1st 68 B&OG6s.... B&Orfimpés.... B&OPLEWYV 4s.. B&O Sw Div bs cfs. Bkiyn Manhat 6s. .. Buff R & Pitt 4%s.. 2 7% B5% 90% 92 93% 106% 80% 6% 95% 103% 102% 105% % 904 99% 3% nada South 5s. ("anad North 6%s Canad Pac deb 4s. .. Car Clinch & O 68 Centof GabYs. Central Pacific 4 Cent Pac 1st 58 90. . Ches & O cv 4%s. Ches & O gn 43%s... Ches & O cv bs. Chi & Alton 314s ChiB & Qgn 4s58. B & Q-Til dlv 4s Chi& ETen 5 Chi Great West 4s. . CM&SEP deb 45 cfa. CM&StPgn4inss. CN&STPevd Y s32¢fs CM&StPrid%s.. CM&StPregscet 14 CM&SP cv 5s ofs 14 C&NW eends..... Chi & N W ref bs. Chi Rys bs Chi Unfon Sta 5s 44. Chi & W Ind en 43. . C& W15%s62 COCC&StT.58...... 1 CCC&StLrf6esA. Cleve Tern 6 Clave Term 5% € & S 18t 4529 Colo & Sou 4 uba R R & Cuba RRT4%s Cuba N R 63 66. Del & Hud cv 55 35. Del & Hua 51 Den & Rio G cn 4s.. D & Rio G fmp 5t D Rio G West Tiet United 43%5.x.. Frie 1st cons 4s rie gen 4s. rle conv 4s A. Frie conv 4s B. Friecons4s D. Fla F.C5s74. Gr Trunk sf db Great North s. Great North 514 Sr North zen 7s.... GreenB& W db B. . Mob&N 5338 B 50 Havana ERL&P 50. Hud & Man ref s ¥ud & Manajbs... 111 Central ref 4s. 111 Central 5% T11-C-C StL&NO 5s. Int Rap Tran5s.... 21 Tnt Rap Tr §s stpd. 166 Int Rap Tran6s. ... Tnt & G Nor 18t 6s. . Nor a§ 6s... Towa Cent 1st 5s. Kan City Ft § 4s Kansas Clty § 3. Kansas City S 5 Kan City Term 4s Lake Shore 4« 28. Lake Shore 4s 31. Lehich Valen 4s. .. Lehigh Val 53 2003, 102 . 108 105% 106 64 64 891, 89y 98 98 954 98U 103% 1037 817y 2% 92 9 9% 99 99 103% 103 103% 67 664% 66% 9318 928 934 10415 104 104 104% 1044 1044 9% 9% 9TH 9874 95% 9ORY 103 1034 9 95k 108 6% 1004 1004 4 1084 s SM cn 4s A St P& SSM en bs 981 103% MK&T4sB. . 82Y% MK & T adj 6 p MEK&TprinbsA. MK&TE6sC.. Mo Pacific gen 48 Mo Pac 55 1965. Mo Pac8s49D. . Mo Pac 655 E. ... 1 Mont Trm ref 5s 41. NOTex&M6EsB.. 40 3 N Y Cent deb 4s. N Y Centribs. NYCentLSclSiis 8 NYChi&StL 5%sA. 17 NYChI&StL 5148 B 23 NYC&StL6sA.. New Havd 4867, .. New Haven c d 6s. NY Rty 65 65 5 N Y State Ry 41s. . Nor & S gen 5s 54. . Northern Pac 3s... Northern Pac ds... Northern Pac 5s D. Northern Pac r 1 63 Ore & Calif 1st fs. Short L rfs 4s. Ore Wash 1st rf 4s. Pennsyl gen 4%s. Pennsyl gen bs. Pennsyl 5s 64, Pennsyl 6%s. Pennsyl gold 7s. Peorfa& Einc4s... 8 Pere Marq 1st 4s56. 7 1 0909 83 CAED 19 1t e B2 = 13 O =t @3 1124 107% " 87T% 86% 103% 101% 101 9 95% 905 79%.. 1% 96% 1% 7 % 26 101% 101% 93% 93% .21 PCC&StL6sB76. 24 Port RL&PGs42. 2 Reading gen 4%s. ., Reading J C 43 51 Rio G West ¢l StL&SFprinss.. StL&SF5%sD.. 10 StL&SFplésC StLSWistds.. StLSWecon4s32.. St P& KCShL 4%.. San A &Arn P 4 Sou Pac 48 29. Sou Pacificclt ds. .. Sou Pacific ref 4 Southern Ry ge Sou Ry con 58 94. Southern Ry 6%s. Sou Ry Mo & O 4s. Tarm AsS0 S L 4s. . Texas & Pacfic 1st. Third Averet 4s. il 8 83 8y g2 106 106 105 e 14 11 90% 90% 90% 864 851 86k 106 103% 104 % 6S% 88% 87% 88K 103 103 103 101 101 10274 108% 1090 2% 6 100 100 100 100% 100% 100% 68% 68 68 9% 97 97X Western Pacific b ‘West Shore 1st 4s. 4 B4% B4k Bdu Wilkes&E 1st5s.. 4 68 68 68 , ST Thé British Parliment has only three woman members, while the Reichstag in Germany has 35 feminine members. FINANCIAL. TENDENCY TO 546 Weakness of French Issues Swiss 5 1-2s Strong. Features of Trading. BY GEORGE T. HUGHES. NEW YORK, March 24.—The bond market today was a two-slded affair. Strictly high-grade investment issues wera in good demand, but with a few exceptions everything from the mid- dle grade down to the speculative obligations was heavy to weak. The supply of seasoned underlying rallroad bonds selling on & 4.76 to a 6 per cent basis was not equal to the demand. In many instances higher prices were bid for blocks of such f{ssues than would be paid for the odd lots. The Liberty 3%s, the entirely tax- exempt issue, made another new 1926 high. Weakness in French bonds was the featurs of the foreign group. New lows for the year were established by French 7s, 7138 and §s. Belgian bonds suffered in sympathy. Even the Ger- man 7s, which have been one of the steadlest issues in the whole foreign group, barely held their ground. One strong forelgn {ssue was Swiss 5is, which duplicated the new "high first made a day or so ago. In the domestic industrials and util- ity list there were two exceptions to the trend. One was Manlla Electric 7%, which ran up to 112, making a new high. The other was Cuban Do- minican Sugar 7%s, which appeared to be the object of a special buying operation. The close on Tuesday was 9415, but the bonds sold above 97 to- day. Elsewhere, however, prices sagged. Among the rafls, Chesapeake and Ohlo convertible §s were down 3% points. WHEAT PRICES BEAR MATERIAL SETBACKS Optimistio Crop Reports Bring on Selling—Corn and Oats "Relatively Strong. By the Associated Press. CHICAGO, March 24—With op- timistic crop reports at hand from practically the entire domestic belt, wheat values took an early swing downward today. Notwithstanding that Liverpool quotations came higher than due, sellers here were in @ majority, and new buyving power appeared scant. Word of high winds in Nebraska failed to act as a stim- ulus. Chicago opening prices changed to 3 lower, May, new, 1.565 to 157% and July 133% to 1.36, were followed by material setbacks all around. Corn and oats displayed relative strength. Receipts of corn here to- day were meager, only §9 cars. After opening 7 off to % up, May 72%, the corn market underwent a slight general sag. Oats started unchanged to 3% higher May 39% to 39%, and later eased back somewhat. Provisions held about steady, aided by comparative firmness of corn. WHEAT— May (rew) ay (old).. CHICAGO LIVE STOCK MARKET CHICAGO, March 24 (United States Department of Agriculture).—Hogs— Receipts, 18,000 head; medium and heavy weight butchers, steady to 10 lower: packing sows, little changed: lighter weight, 15 to 25 lower; bulk 240 to 850 pound butchers, 11.15a 12.00; majority better 200 to 225 pound kind, 12.40213.00; good and choice 180 pounds down, largely 2013.40; top on 140 to 160 pound averages, 13.50; packing’ sows, 10.20a 10.65; sorted killing pigs. 13.25a13.75; heavyweight hogs. 11.10a12.00: m paper, 4%. % dium, 11.60a13.10; light, 12.25a13.5( lght light, 12.20a13.50; packing sow 10.20a10.65; slaughter pigs, 13.25a 13.75. Cattle—Receipts, 10,000 head; ma- vearlings fairly tured steers slo active; fully_steady; best youngsters, early, at 10.50; mixed steers and heif- ers, 10.35; bulk of fat steers, 9.00a 10.00; vearling heifers in deman heavy cows and heifers dull: weak: other classes and grades of she-stock steady: bulls, unchanged: vealers, steady at 12.25a13.00, mostly Sheep—Receipts, 16,000 head; fat lambs, slow; few early sales of heavy- weight clipped lambs, steady to a shade lowér, at 10.85a11.40; latter price paid by city butchers: nothing done on fat wool lambs; one load of good shear- ing lambs carrying fat end, 13.65; few eales of fat ewes steady at 8.50a9.00; few head to shippers, 9.10. METAL MARKET. NEW YORK, March 24 (#).—Cop- per, easy: electrolytic, spot, and fu- tures, 14al4y4. Tin, irregular; spot and nearby, 65.00; futures, 62.37. Tron, prices unchanged. Lead, 8.20a8.30. Zinc, easy; , apot and futures, 7:30. CALI~MONEY STRONG. ‘W YORK, Marth 24 (®).—Call money strong; high, 63%; low, 4%; rul- ing rato, 4%; closing bid, 56%: offered at 6% ; last loan, 5%; call loans against acceptances, 4. Time loans steady: mixed collateral. 60-90 days, 4%4ad%; 4.6 months, 4%a4%; prime mercantile —— FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbe & Co.} Nominal Selling checks Wi Sioektioim, craws. NEW YORK, March 24 (#).—For- eign exchanges irregular; quotations in cents: Great Britain—Demand 487%; cables, 486%: 60-day bills on banks, 481%. _ France — Dempnd, 2.491. cables, 3.50. Italy—Demand, 4.02; cables, 4.02%. Deman®—Belgium. 4.01; Germany, 23.80; Holland, 40.06; Norway, 21.30; Sweden, 26.80; Denmark, 26.20; Swit. zerland, 19.26; Spain, 14.09; Greece, 1.34%: Poland, 12.75; Czechoslovakia, 2.96; Jugoslavia, 1.76; Austria, 14; Ru- mania, 42; Argentine, 39.25; Brazil 14.37; Toklo, 45%: Shanghai, 73%: Meatreal, 99 1}16. [ovrew vom BONDS oo excmance] BN LIST SHOWS | BANK IS PLANNING T0BUILDADDITION Washington Loan and Trust Co. Proposes to Construct Annex Shortly. BY EDWARD (. STOX It was learned in the financ trict today that the nexi | mhhlloflrl: pand its present quarters will be the Washington Loan and Trust Co., Ir cated at Ninth and F streets, whi will start the construction in the nea: future of a large annex adjoining t building, on the }* street side The buildings adjoining the hani s presant home, which were recently so hadl: damaged by fire, have long been the bank's property, and the new stru ture will cover three lots, giving & new frontage of some 65 feet. It understood that work of wrecking the building in which the drug store was located will be commenced as soon as the insurance has been adjusted. When the addition has been con structed the building on Ninth stree: in which the bank's real estats de partment is located will be given up and the department moved to the firsi floor in the new structure. The for eign, bond and information depart ments also will be here. On the ses ond floor will be the trust department There also will be a room for the directors’ room and a lunchroom. The upper floors will be devoted to offices while the basement will furnish a nev home for the safe deposit section. 1t is not known yet just how man: storfes the bullding will contain. Th architecture will harmonize in a gen eral way with the exterior and interfor of the present bank. The Wachington Loan and Trus: 's present quarters were thorough renovated about 12 or 13 years ago. The bank's business since they has entirely outgrown fts home. Ex pansion had been discussed for a lons time, but the recent fire brought mar ters to a head very suddenly. Capital Traction Again' Lower. Capital Traction was the feature ¢ the trading on the Washington Stock Exchange today, the stock ciosing at 105 flat, or 6 points under the price level prevailing during most of las: week, and 2 points down from the last sale yesterday. The stock opened with the eale of two lots at 108 The next sale brought 106, after which the stock fell off to 105%; and ther down to 105%. The drop to 105 came after call. All transactions were {1 small lots, none being over 10 shares Local market observer: ¥ the recent weakness in the stock is partially due to the street car merger situation The stock was forced up on merge: talk. It now appears that any possible merger 8 such a long way off tha many traders are switching into some other stock for the present at least. Merganthaler Linotype again was strong. 95 shares changing hands a 210. Merchants' Transter and Storage preferred came out at 101 and Poto mac Electric Power preferred was 107 Ten shares of Continental Trust Ce stock was sold at par and four sha of National Metropolitan Bank stock changed hands at 401. In the bond dlvision Washington Gas 5s sold at 1001, Capital Traction 5 stood at par and the market close: with a sale of Washington Gas stoci at 693y, New Company Votes Dividend. The board of directors of the Feders Security und Mortgage Co. held u meeting yesterday aftérnoon at the company's office. at 1412 K street, and declared an 8§ per cent dividend on the preferred stock. The dividend is pay able about April 5 to stockholders of record on March 31. Morris Cafritz, the president of thi comparativ W organization, sald that the concern's business was in prosperous condition and-that tk plus was steadily being enlarged. Death Shocks Associates. The local financial district was~ shocked to learn of the death vester day of Miiton Hopfenmaier, a victin of acute appendicitis, at the age of only 41 vears. Mr. Hopfenmaler had a wide circle of friends in Washington financia circles and only recently was elected a_member of the board of directors sf the Merchants' Bank and Trus o He was a man of afuence and ex ceptional business sagacity. His as sociates sald today that few men o his age in Washington had ever Leer more successful in business, the ac tate which he left being valued i1 the vicinity of a milllon dollars. Today’s Personal Notes. G. Bryan Pitts has returned 1o Washington from a six weeks' vaca tion paseed in the South. Mr. Pitts is chairman of the board of director< of the F. H. Smith Co. Edson B. Olds, vice president of the Union Trust Co., was back at his desk today after several days passed in New York. Dr. Leland R. Robinson, formeriv assistant director of the United States Bureau of Foreign and Domestic (‘om merce, lias been elected a trustes of the International Securities Trust of America, the headquarters of whicl is in Boston. Keith Issue on Market. The Bankers' Trust Co., Dillon Read & Co., and Lohman Brothers today are offering the new $6,000, 000 B. I". Kelth Corporation issue of first and general refunding mortgage ‘10 ear 6 per cent bonds, series A, a- The new corporation has been or ganized under the laws of New York State to take over from the B. ¥ Keith Theaters (o, many of the theaters now belng operated in con nection with the Keith vaudeville (i nulti-h K;ilh;x ;healpr here, as wal! as e Earle Theater, | in_this circuit. S acided The proceeds from the sale of bond« is to raise funds for refunding, ex pansion and other purposes. Other Local Financial Notes. The District Bankers' Association will hold a special meeting this l;flx:: noon, at 4:30, at Masonic Temple After this meeting W. W. Spaid chairman of the general convention committee, will report the latest de. velopments in connection with the coming June meeting. Severul more committee members are expected to be named. At a meeting of the board of gov- ernors of Washington Chapter, Ameri can Institute of Banking, it was voted to continue the course in public speak ing throughout the year. Dale Car nagle, who has been conducting this course, has concluded his work here and_the reins now will be taken up by Fernand Petit. The chalrman of the committee in charge of this work is T. Hunton Leith. Kresge Report Out Today. Net profit of Kresge Department Stores declined to $131,641 in 1925 equal to $3.71 a share on the 8 per cent preferred, from $328,933 in 1024. or 42 cents a share on the common after preferred dividends. British General in New Post. LONDON, March 24—Gen. Sir Herbert Alexander Lawrence, who was chief of staff at the headquarters of the British armies in France dur ing the last yeas of the war, has been appointed chairman of Vickers, Ltd., the great British armament and industrial firm. Douglas Vickers, the retiring chalrman, becomes president of the companye o