Evening Star Newspaper, March 26, 1926, Page 30

TREND S UPHARD *NSTOCK MARKE, Motor Shares Recover Under Lead of Hudson—North Allea fii‘fé!‘(‘:,’,:_ American Weak. Amerada Corpn. . Abitibl Pow (4).. Abrahm&Straus. Advance Rumley Ad Rumley pf(3) Afr Reductn(15). Am Agricul Chm Am Agri Chpf. .. Am Bank N 1.60. Am Beet Sug (4) Am Bosch. ...... Am Brake Sk (6) Am Rr Boverl. .. Am Can. .., Am Can pf (7) Am Car&Fdy (8) Am C&F pf (7). Am Chain A (2). Am Chicle. ... .. Am Chicle etfs. . BY STUART P. W Qpecial Dispateh to The Star. NEW YORK, March 26 movement on the Stock rhange to- day was very much but with the upward movement predomi- ~The price confused. rating. 5 The general hody of stocks opened er a rush of buying, which the most part the short contracts put higher prices. demand made itself felt chiefly industrials which had been sub- ecied to most pre re recently. Bu’_ atver the first half hour or 8o renew: vt liquidation came into & number ) groups, causing further shi O before the decline was halted. recovered under the After opening < carried up sharply Wwent along, getting well ahove the 120 level. as against the Thursday final of 118%. There was nothing in the outside sit Ceount for the demand for Ulotke. The Hudson report for 1 % disuppointment to_those who heen predicting coentinued im provement in the motor industry from The outset of the year, but it was evi- of the, subse- wient selling was gor short account, g hrofessional opbrators hurried to et in their contracts once the general rket turncd for the better. - stocks were reflectipg con decline in both raw and ve sugar prices. both of which Now levels for the sea- 1 Dlock of 67, which Am gar decline of 3! points vepresented a Later on the stock rallied. Shares of held compara 1he Cuban producers 3 tively steudy, and American Beet Sugar: was @ i up. stocks bre Public ut 3 the declines in to 5 higher unds represented for covering in of considerably Am Express (8). Am & For Pow. . Am & Fo P pt (1) Am Hide & Lea.. Am Ice (+10).... Am Ice pf (6)... Am Internatl. Am La Fr (1). Am Loco (8) Am Loco pf (7). Am Metals (4) Am Radfator (4). Am Republic. ... Am Safety R (3). Am Ship & Com. . Am Sm & Ref(7) Am Stl Fays (3). Am Sugar (5)... Am Sugar pf (7). Am Sumatra. ... Am Tel & Ca (5). A Tel&Tel (9). Am Tobacco (8). Am Tobac B (8). Am Typ Fdrs(8). Am Wa Wo 11.20 Am W W 1st (7). Am Woolen. ... Am Wool pf (7). Am Zinc. Am Zine p Anaconda (3). Archer-Daniels. . Arch-Dan pf (7). ArmourDel pf(7) Armour TIl A (2) Armour 111 (B).. Artloom (3)..... Asso DryG(2%). Asso D out at The Motor lead of Hud the price 1 Motors to son. e sharply several in- points and and Electric, ks North Atchison (1) At Birm & At. .. Atl Coast L (19). Atl Gulf& W 1 Atl Gulf & WIpf. Atlantic Refing. . Austin-Nichols. . Auto Knitter.... Baldwin L (7). .. Pald Loco pf (7). Balto & Ohio(5). Bang & Ar (3). Rarnsdall A (2). Beech-Nut (13).. Relding Bros(3). Bethlehem Steel. Reth Stl pf (7).. Beth Stl pf (8) Booth Fisherles. Briggs Mfg (3).. British Emp 2d. . | BKIn-Mn Tr (4).. Bk-Man T pf(6). Bkin Un G(t11).. Rrown Shoe (2).. Brunswick Balk. Brunswick Ter. . Buf Roch & P(6) Burns Bro (10).. Burns Br B (2).. Bur Add Ma (3). . Butte Cop (50¢). Butte&Super(2). Butterick....... Calif Pke (18)... Calif Petrol (2).. Callahan Zine. Calumt & A t4%. Calume&H(1%) . Wuter W American were the wea tures and there were some erings of Ahitihi Power at declining prices. The steel stocks bore their share in the improvement under leadership of 1nited States Steel common. Bethle- s in better demand than + has been for some time. Other in- were only fractionally - the most part hizher. with the steels went the equip- ments. Baldwin Locomotive, after the heavy selling on Thursday. felt the effect of short covering. Ameri- can Locomotive and Amer n Car and Foundry both showed that they had got rid of the selling pressure of the previous days. CLOSING TRREGUL! ng Along Selling Attacks Renewes Supported. NEW YORK. March 26 (®).—The closing was irregular. Although buy ing support was extended for many representative industrials in the late rading, selling attacks were renewed in other quarters. Boti Ward Buking jssues were hammered down 2 to 5 points to new lows for the vear and re- cessions of 1 to 2 points from the early high levels were general elsewhere. Some Issues viously General Electric had sold 8 points above last night's closing and (ieneral Motors, Hudson. Mack Trucks Can Pacific (10). Case Threshing. . Case Thr pf (7). and Pullman, 3 to 4 points higher. Total sales approximated 1,700,000 shares. “ent Leather. ... Cent Leather pf. Century Rib (2). Cerre De P (4)... Certain-Teed (4) Chand-Cleve. . Chand-Clev pf... Ches & Oh (12). Ches&O pf (6%). Markets at a Glance (). —Stocks higher: Fonds s | Chi & East Tl Cotton bare. | Chi Great West. . Jv steady; favorable weather. Sugar ‘C:: El'"‘z';:l‘:' . firm: higher spot market. Coffee |G M1 &t oo casier: commission house selling. 5 Mil & St Petfs. - Wheat strong; bullish | c M{1&StP pf cfs. Corn higher: export demand. [Chi & Nwn (4)... Hogs weak: shipping outlet narrow. R R : DAIRY PRODUCTS. BALTIMORE, March 26 (Special).— YORK irregular; exchanges eas record low of 3.42 cents. CRI&PDPI (6).. CRI&PDL(T).. Childs (32.40)... Chile Cop (2%2).. Christie Brown. . Chrysler Corp(3) Chrysler ptA(8). Coca Cola (7).... Col Fuel & Iron.. Colo Southern. Col G & E (2.60). Col Carbon (4)... Com Cred (2). Com Inv (3.60).. Com Solv A (4).. Com Solv B. Congoleum-N. Consol Cigar. . creamery, | consol Gas (5) : ladles, 34a | Cont Insur (6)... prints, 32a | consol Textile. .. rolls, 32a35. |{Cont Can (16)... jCont Mot (80¢).. Corn Prod (2). Coty Inc (4). Cructble Stl (5).. Cuba Cane Sugar. Cuba Cane Su pf. CubaCo (4)..... Cuban Am § (2). Cuban Domin. ... Cuban Dom pf... Cudahy Pkg (7). Cushman'’s (8) Cuyamel Fr (4).. Daniel Boone. { Davison Chem Deere&Co pf (5). Del & Hud (9)... Del L & Wn (7). Detroft Ed (8). .. Devoe&Ra (2.40). Dodge Bros Cl A. Dodge pf (7).... Dome Mines (2). Dupont (10. Eastman (18)... Eaton Axle (2).. Eisenlohr & Bro. Electric Boat. Elec Powr & Lt. Elec P& L pf(7). Elec Sto Bat(16). ErfeRR.. . Erie 15t pf. tureka Vac (4). Fairbanks (3)... Famous Pl (8).. Famous pf (8).. FedLight(*1.40) Fed Min pf (7). Frst Nat St1%). Fisher Body (5). 0 | Fisk Rubber Fisk pf stpd Fleischman(2).. Foundation (8). 1 | Fox Film A (4). | Freeport-Texas. . Gabriel Sn(13%) Gardner Motor. . ? bGen Am Tnk (3). [gon Asphalt. ... ng turkeys, crooked breasts, young chickens, 35a40; ©id, 30a35; capons, 37a48; ducks, 30a geese, a30. ggs—Receipts, 1,218 cases: native A nearby firsts, fresh, dozen offered, 2914a2915; duck eggs, goose ezgs, 85a1.00. Butter—Good to pound, 41a44: print 26 store packed, 3 - process butter, 39a4( Yourg, faney FOREIGK EXCHANGE. (Quotations furnished by W. B. Hibhs & Co.) Nominal Selling checke €old value. ondon, ... .$4.8605 fontreal 1.00, Parie. franc. . Brussels. fran: Beviin. thark. today. $1.8014 1400 000014 % A00014 15 020034 0 . peseta Virnna. crows B 3 wii 5 Stockholm. crown NEW YORK, quotations Great Britain, demand, 4861 ; 60-day bills on ance, demand, 3.421; Italy, demand, 4.01% Demand: Belgium, 23.80; Holland, (in_cents): 4857 cables, banks, 482. 3.43. 4.021. % 43%; Mon- treal, 99%. DIVIDENDS. Rate. $.20 Pe- Stock of riod. it Tirept i a > $ub Serv Oklah. Do. D‘l‘l, e o, R B o Gen Cigar (n)... ohne Mk utograph. . - S A. ":li(\:l fl Bl‘ of. Q Gen Elec sp(60c) Gen GI.A,(I;;Q ). it . Stockholders of- Pathe Exchange,|em Mot o no., have ratified an increase in com: mon stock from 190,000 shares to 290,000, Gen Outdr Adv.. Gen Outdr A (4). Lo o Open. High. Low. Close. 5% 45 12% 51 114 8 10% 117% 824 118% 35 48% 126% 99% 125 23% 39% 36% [ 119% 23 91 10” 118 83 1094% 6% 4844 9% 120% 42% 704 101% 1% 89 144% 114% 112% 118 A% 102% 42% 98% 194% 9974 105% 8814 39% 27% 57 83% 41% 100% 116% 4% 31 ™ 58% 80 0% 271 25% 1 71 128% 35 864 5l 12% 19% 127 85 % 56 14% 1562 78 o1 138 132% % 34 98Y 132% 30% 65% 1 33% 180 9% 41% 4“ 24% 2% 1% 85 90 45% 106 163% 186% 1256 37% 31% 84% 16% 203 108% 26% 1 118 118% 31% 2 Gen Asph.pf (5). 107% 107% 652 11% 119 20% B53% 6% 45 12% 51% 114% 8% 10% 119% 8215 122% 424 202 42% 99% 20 1 101% 105% 8R% 207% 108% 26! 13% (3 20 80% 76% 6 38% 4% 49% 118% 119 324 68% 52 Gen Eiectric (8). 298% 304% 11% 41 Gen Mot pf (7).. 114% 114% 20% 63% 108 % 264% T4% 6% 45 45 12% 12% 51 51% 114 114% 8 8! NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office. | Gen Petrm (3)... |GenRySig(t4%). Gimbel Bros | Gltaden (2). Gold Dust. 58 % | Goodrich Ru (4). 10% 10% 1% 9% 254% 234% 73% 36% 28% i 22% 118 84% 44% 126% 99% Gothm S H(2%). |Gotham pf (7).. | Gould Cou (2)... Grt North pt (5). Gt Nor Ore (1% ) 1Grt Wstn Su (8). Green Canan.... Guantanamo. 1 Gulf Mo & Nor, Gulf States 8 (b) Hartman (2%).. Hayes W (13%4). Helm Geo (16%). Hoe&CoA...... Househd (13%). Houston Ofl. ... Howe Sound (3).. Hudson Man 2% . Hud Man pf (5).. Hudson Mot (3). Hupp Mot (1)... Iinots Cen (7). Indep O11 (1).... 23% Indian Motzr (2). 20 Indian Refining. . 10% Tnspiration (2).. 22 Interurh Rap Tr. 33% Intcontal Rubber 16 Tnternat Agrl... 17 Int Bus Mach(3). 42 Int Cement (4).. 60% Tnt Com Eng (2). 2% Int Harveser (6) 117% 118% Inter Har pf (7). 121% 121% [ntMtch pf(3.20). 57 57 Int Mer Marine. . 8% Int Mer Mar pf 821 Tnt Nickel (2)... 85Y% Int Paper. Intl Paper ). Int Tel & Tel (6). Intertype (11%). Jewel Tea. . > Jones Bros Tea. . Jordon Mot (3).. Kan City South. . Kan C So pf (4). Kelly-Spring. Kelsey Whi (. Kennecott (4) Keystore T & R. Kinney G R (4).. Kresge SS(1.20). Kresge DS pf(8). Kresge Dept S... Lee Tire & Rub. . Leh&Fink ctf(3). Lehigh Val(3%). Lifesavers (40c) Liggett & M (4) Lig & My B (14). Lima Loco (4)... Loews Inc (2)... Toft....... it Tong Bell A (4). Loose-Wiles Louls & Nsh (6) . Ludlum ¢2).. M'CroryB(25.60) Mack Trucks (). Macy HR & Co.. Magma Cop (3).. Man El Sup(4%) Man El gtd (d3). Man Shirt (114). Maracaibo Ofl. .. Market St prior. . Varland Ofl (4). Marlin Rock (2) Maytag (2)...... MetroG nf(1.89). Mexican Seabd Miam!Con (1) Mid-Continent. .. Middle States .. M1d States Oil ct. Midland pf (3$9).. 1 Miller P ctfs(2). Minn & St Louis. Mis Kan & Tex. . MoK & T pf (6). Missour Pacific. Missour! Pac pf. Montana Pow(5) Mont Pow pf (7). Montgom Ward. . Moon Mot (3).... Mothr Lode(75¢) Mo Plcture(1%). Motor Met(3.60). Motor Whi (2) Murray Bodv... h Motors.... t Biscult (+4). Nat Cash Rex(3) Nat Cloak & Suit. Nat Dalry (3)... Nat Lead (8).... Nat Lead pf (7). Nat Pw&Lt(40c). Nat Ry Mex 2d... 108% 26% 18% ! 5 19% 90% 6% 25% 87% 4% 48% 66% 106 296% 209% 11% 11% 40 40 118% 119% 114% 114% 29% 929% 52% 52% t Supply (3).. tTea (4)..... 1 Nevado Cop (1).. NY Alr Brake(2) NY Canners(c2). NY Central (7). . NYC&StL(t7%). NYC&StL pf (6). NY Dock.... . NY Dock pf (5).. NY NH & Hart... NY On & West. .. *NY Rys pf tcfs. rfolk South NorfIi®& Wn(18). 1. North A (B3.40). North Am pf(3). NthAm Ed pf(7). North Pac (5)... Norwalk (1.60).. Oppenheim (3).. Orpheum OIr (2) . Otln Elevator(6). Outlet Co. . . Owens Bot (t4).. Pacific Gas (8. Pac Gas & El rta. PacOll 3)...... Packard Mot (2). Paige Mot(1.80). Pan-Am (6)..... Pan-Am B (6)... Pan-AmWnB(2). Panhandle. ..... Park & TlIfe Park Utah (80c). Pathe ExClA... Penn C & Coke Pennsy RR (3). Penn-Seab Steel. Peoples Gas (8) . Pere Marg (18).. Phila Co (4) Phila& RC&T.. Philip Morris. Phillips Pet (3 Phoen!x Hoslery. Plerce-Arrow.... Plerce-Arrow pf. Plerce Oll. Plerce OIl pt Plerce Petrq PittsCoal.. a.... ®itgs Coal pf (6). Pitts Term Coal. Pitts Ter pf (6).. Pitts & West Va. Postum (4.40) Pr 8tl Car pf (7) Prod & Refiners. . Pub Ser NJ (6). Pub S NI pf (7). PubS E&G pf(6) Pullman Co (8). Punta Aleg Sug. Pure Oil (12)... Radio Corp of A. Rwy St1 8pr (4). Ray Cons Cop Reading (4). 6% 108 98 98 162% 154% 8 35 % | ReadIng rt: Reading 2d . Reid Ice Cm (3). ! Remington Type. Replogle Steel. Rep Iron & Steel. Reynolds Spngs. Rey Tobac B (4). Robt Reis & Co. . Royai Du(al.33). Open. High. Low. Close. 0% 614 59% 604 IWHEAT PRICE LIFTED ‘BY FOREIGN REPORT Domestic News of Unfavorable Weather Also Helps Boost Grain Value. 66% By the Associated Press. CHICAGO, March 26.—Active trad- ing and higher prices today in the wheat market here accompanled word of a decided fresh advance in quota- tions at Liverpool, where scantiness of world shipments and a better de- mand from continental Europe were strengthening factors. Reports that three days of high winds in Nebraska may have serlous- ly damaged Winter wheat tended further to lift values here. Advices were also at hand that with shipping demand increasing and with receipts negligible entire deple- tion of stocks of wheat at St. Louis appeared imminent. Chicago open- ing prices 13 to 21 higher; May (new) 1.58a1.68% and July 1.37%a 1.38%, were followed by further gains. Assertions that for the present the heavy country marketing of corn is over helped to strengthen values of corn and oats. After opening % to 3% higher, May 73% to 73%, the corn market: scored aditional upturns. Oats started 3% to 4 up, May 39% 39%. and later continued to harden. Provisions were responsive to the advance of grain values. WHEAT— May (new ). told) 878 BB 14 5 LT . i METAL MARKET. NEW YORK, March 26 (#).—Cop- per quiet; electrolytic, spot and fu- tures, 13%al4. Tin firm; spot and nearby, 64.37; futures, 62.23. Iron '; prices unchanged. Lead i spot, 8.20a8.50. Zinc steady; East St. Louls, spot and futures, 7.15. Antimony, spot, 20.00. DRY GOODS STEADY. Special Dispatch to The Star. NEW YORK. March 26.—Cotton goods markets were slow but steady again_ today. Print cloths were quoted at 77 cents for 64-602 and 915 cents for 68-72s. Raw silks were a lttle more active at unchanged levels. 45 40% 90 85 6% Safety Cable (4). St Joseph L(13). StL & SanFr (7). StL&SanF pf(6). St L Southwest. . St LSwnpt (5).. Savage Arms (4) Schulte (§8) Seaboard Air Seaboard A L rts Seagrave (1.20).. Sears-Roebk (6) . Sears-Roebk (n) Seneca Copper. .. ShellT&Tad%2%c. Shell Un (1.40).. Shell Unpf (8).. Shubert Theatre. Simmons(12.26) . South Port 8 (8). Sou Dairfes A. .. Sou Dairles B South Pac (6 Southern Ry (7). South Ry pf (5). Splcer Mfg...... 30% 98% 111% 88% | | Sales. Lib3%s.., 172 Lib2d 4s. .. 1 Lib1st4%s 40 Lib 24 43e. 180 Lib3d 4%e. 98 ‘ U S 4s 1944, US4%s62. 1019 1027 1016 RIDAY High FOREIGN. Sales. High Argentine 6s Ju 69, Argentine 6s Oct 59 Argentine 6s A. Argentine 6s B Argentine 7s Australian §s. Austria 7s. . Bank of Chile 61s. Bank of Japan 6s. .. Belgium 6s Belgium 6%s Belglum 7s. Relglum 73s. Belgium 8s Bolivia 8s. Rordeaux s Brazil 7s Brazil 8. Canada 6 19 Canada 5158 Chile 75 1943 Chile 8% 1941 Chile 85 1946, Christiania 6s : Con Pow Japan 7s. . .|Covenhagen 61s. .. Cuba 5%s. . Czecho T%s rets Czecho 85 1951. Czecho 85 1952 ct. .. Danish Munic 83 A. Denmark 6s. . DETI5%s Mch 5 Dutch Fast 168 47. Dutch East I 6s 6 El Salvador 8s 48. Finland 7s French 7s. French 7%s Freoch8s...... German 7s Ger Agr Bank 7s. GerGenElec 7s.... Hait! 63 .. Holland Amer 6%s. Hungary 6%. Ttaly 7s. Japanese 4s. Japanese 6% Jergens U M 6s 4 Lyon6s. @ . Marsellle 68 Mexico 48 04 asntd. Mexico 45 10 asntd. Mexico 58 assented. Montevidio 7 Netherlands 6s 54 Netherlands 65 72 Nord 6%s z Norway 518 Norway 6s 19: Norway 68 1944, Norway 6s 1 Orfent Dev deb 6s.. Paris-Ly-Med 6s. .. Paris-Ly Med 7s. Paris Orleans 7s. Peru 71 Peru 8s. Poland 8s. Porto Alegre 83 Prague 7%s Queensland 6s Queensland 7s Rlo de Jan 85 1946. . Rio de Jan 8s 47 Rio Gr Do Sul 8s. Sao Paulo 85 1936 0 Paulo 1950. Suxon (P W Seine 7s 42 g Serbs Crot Slo-8s. Sweden 5% ct. !Sweden 6s. ... Swiss 5% 1946 Swiws Confed 85 | Toklo 58 i {Utd Kingm 5335 29. | Utd Kingm 6% 37. Uruguay 8s... : 32 98% 54 22 MARC ' I Claso. Low. Close. 98 98% 99 98 101% 97% 100'% 95% "100% 86 1% 941% 108 107% 954 8314 90% 101% 103% 102 100% 4 108% a e - —~Bum WeBaBRACen anBEREARNDan .S ¢ ore PSP 108 107% 98% 8% 99% 98 101% 97% 100% 95% 100% 86Y% 91% 94% 1081 107% 9915 % 91% 101% 103% 102 100% 108% 107% 100 1Y% 9874 102% 974 101% 100' 110% 102% 2 102% 104'% 104 106 9615 100% 101% 96 97 928 80% 94% 94 8574 93% 4 107% 108 MISCELLANEOUS. 83% 83% 22% 4| Ches &0 cv 48, Sales. High. Low. Close 21 100% 100% 100% 88% 88% 884 117% 115 117% 102% 102% 102% 102% 102% 102% 98% 98% 98% 104% 104% 104% 108% 108% 105 106 9215 92% 107% 108 105% 106% 95% 95% 98% 99% 76 6% 92% 92% 101% 101% 112% 112% v Sin Crude Oil 6s. 8in Pipe Line 6s Skelly Oil 6'%s South Bell Tel 65 Southwest Bell 5s. . Sug Est Orient 7s. . “Tenn Elec Pow 6s. . ‘Toledo Edn 1st 7s United Drug 6s US Rub 1strf 6s USRub7%s...... USSteelsfbs..... Utah Pow & Lt 5s.’. Vertientes Sug 7s. . Warner Sug 7s 39. . Warner Sug 7s 41.. West Elec by. . . Westn Union 6iss . 7 11te 112% Westinghouse 7s Wilson & Co 1st 6s. Youngstn S& T 6s. 105% 106% 100% 100% 102% 102% 105% 100% 102% RAILROAD. Ann Arbords...... Atchison gen 4s. ... Atlantic C Lel 4s. . Atlantic C L 1st 45, Atlan C L 4% s 64. AtlanticCL7s. . .| Atl & Dan 1st 45 48, Atl & Dan 2d 4s 48 B & O Goid 4s. B&Ocvilys. B&Oref s 7 90% 92 718 90'% 922 94% 94% 95% 95% 105% 107 % 1% 66 66 90% 90% 96% 96% 954 95% 1024 a 10574 B& O PLEWV 4s.. “ lotw B&O Sw Div bs cfs. 91 9% B & O Toledo 4s. T 9T Bklyn Manhat 6s. 93% ~93% Duft R & Pitt 43 88% 88% Can Nat 414 98% 98% 117% 117% 114% 114% 82 824 108 108 89% 89% 99% 98 98% 99% 043 944 145'% 146'% 5 654 4% 6% 47 47" 82% Canad Pac deb 4s. Car Clinch & O 63. Central Pacific 4s. €ent Pac 1st 6s 90, Ches & O gn 4%s. Ches & Ocv5s.. Chi& Alton 3%s. Chi& E1gn6s. Chi Great West 4s. CM&StP4s25. . CM&StP 4s 25 cfs 24 cM& CM&StPcvdlts. 9 48% CM&SPevd 15s32cfs 12 47% CM&StPgn4ls. 6 1% CM&StPrilosct 14 21 o CM&StPcvss. .. 48 P cv 58 cfs 14 48% (%) 394 98 101 101 100% 88% 76% 854 85 98 10214 88% 104‘: 110% % | Havana ERL&P 50. Std Gas & El (3). StdG & Elpf(4). Std Ol Calif (2). StdOIINJ (1).. 23% 54 b66% B5% | 43% | 10 6 104 103% 104% 100% 1 AjJax Rubber 8s. ... Am Agri Chem 718 Am Chain 6s..... L e U G $td Ol NJ pt(7). Std Plate Glass. . Sterling Pro (4). 7 Stewart War (6). Stromberg (6) . Studebaker (5 Submarine Boat. SunO1l (1). Superior Of1 Sweets of Amer. Symington...... Symington A(2). Tenn Copper (1). Texas Co (3).... Tex Gulf 8 (10). Tex & Pacific. ... Tex& PacC&O. ‘The Fair (2.40).. Third Avenue. .. Thompson (3.60). Tide Water(113). Tide W Of1 pf(3). Timken (t4).. Tobac Prod (7).. Tob Prod A (7).. Transcont Oll... Un Bag & Paper. Un Carbide (6).. UnOfl (2).. Un Pacific (10).. Un Pacific pf(4) . Un Tank Car(5). Utd Al Stl (60c). Utd Cigar(*3%). United Drug (3). Utd Fruft (t12). USCIP&F(10). U 8 Distributing. U S Hoffman (3). U S Ind Alcohol. . S Realty (4).. Rubber..... Rub 1st (8).. Smelt (3%). Smpf (3%). S Steel (17)... U S Steel pf (7) U S Tobacco (3) Universal Pipe. . Univ Pipe pf (7). UtIP&LA (2) ‘Vanadium (2).. Van Raalte...... Vu-CarCh(n)w i Va-CarCh 6% pf Va-CarCh 7% pf Va-CarCh pf cfs Vivaudou . Wabash. ‘Wabash p! waldorf (1%)... ward Baking A.. 126 \Ward Baking B.. 37% Ward Bak pf (7). 96 Warner Bros. 14% Weber (4).. 1% % 44% 60% 62 61% 48% b2% 62 66 b63% 69% 67% 106 104 2% 41% 48% 48% 48% 122 128% 121% 126% J20% 126% 68% b68% 68% 18% 68 31 68% s s 105 s s 68% 18% 81 30% 16 17 564 9% 28% 89% 1% 18% 126 8 2% 28% 40% 40% 14 58% B 86 pf (6). 8% 9% West Union (8).. 137 WesthseAB(17). 112 Wwestinghse (4).. 69% weston Elec.... 1 weston A (2) Wheel & L Erte.. Wheel & LEDL.. White Eagle (2). White Mot (4) White Mot (rts! White Rock (2). Wickwire ctfs. .. Willys-Overland. Willys-0d pf(7). wilson Coctfs... Woolworth (5). ‘Worthn Pump. worthton B (6).. Wright Aero (1). WriglyWm(t4).. Yale&Town(15). Yo T &C (75¢) .. Yel TraCpt (7). Youngstown (4). in the abo A Bt Cbracwtao moted. eRira.or. pecial dIvi: SRBAT [Me Souk o rorular rate, bor 2 ... TP 3{3‘:'.‘" e in m'#r'fmf% "m"u{ % n {brus 4B : 9% 78% 137 137 112% 111% 69% 68% 29% 22% 41 27 68% 2% 80% 1% 22% 9% 3% 8% 3% 3u 161% 162% 158% 160% 26% 26% 26% 25% 5% 56% 28% b2 -61% 26! 824 2% e table Am Smit& R 1st 5s AmSmIt&R6s.... | Am Sugar ref 68 AmTE&Tcltrds AmT & Tecltr5s IAmT&T 8158 % Am T & T deb 512 Anaconda 1st 6s Anaconda cv db Andes Cop 7s rets. Armour&Co 4%srf. Armour Del 513 . Assoclated Ofl 8s. Atlantic Refin 5s. Barnadall 6sctfs. .. Beth Steel pm 5s. Beth Steel rf 5 Beth Steel 5%s 53 -4 | Bethlehem Steel 6s. Brier H St 1st 5%s. Bklyn Ed gen 5s. ... Bklyn Union 53%s Bush T Bldg 53 60.. Cen Leath 6s 45 cfs. Chile Copper 6s 32.. Col'Gas & El s sta. Commonwlth P 6s.. { Con Coal Md 1st bs. GonGasN Y 5%s.. Eonsumers Pow 6s. Cuba Canecv 78.... Cuba Cane cv 8s. { Cuban Am Sug 8s. Denver Gas 8. .. Det Edison 58 Det Edison ref Dodge w1 6s. 45 13 Est Cuba Sug 7%s. 32 54% | Empire G & F 7%s. 12 Fisk Rubber 8s. TToe s Humble O & R 5128 Tlinols Bell 1st 5s. liinois Steel 4%4s.. Indiana Steel 58... Int Mer Marine 6s. 3 61 int Paper 55 47.... 16 Int Paper 6s.... Int T & T 5%28. Kan CP&L 58 A 62 Kan G & El 68 5 wa S 55354& Lacl G ref 58 Laclede G %8 62 Liggett & Myers 5: Liggett & Myrs 78 % | Manat) Sug sf 7%8.0121 Mid-Con 6%¢ 40 Midvale Steel 5 Montana Pow 58. Mor’s & Co 18t 4%8. Nat Tube 15t 55 New Eng Tel &s N Y Edison 58 44. NY Edison 6%s. NYGELH&P 4 N Y Tel 4%s. N Y Tel 63 41. N Y Tel 6849, North Am Ed NorOhlo T& L Nor States Pow Nor States Pow 6! Otis Steel 1% Otis Steel 88 pac Gas & E1 63 acT & T 18t b c'T & T 5862 Pan-Amer Pete 6s.. ~Amer Pete 7s. . gapxe- Gas b Phila Co6%8 PhitaCoref 68A. .. Phila & RAC & I6s. Pierce-ArTow Public Service 6i Pub Serv Elec 6s. P ServGas5%s 5. P Serv Gas 5%5 64. Punta Alegre 7s. ... ‘the | Rémingtn Arms 6s. Rep Iron & Steel 5s. Saks & Co s£ 7S, Sinclair Oil 6 Sinclalr Ofl 6%s Sinclalr O11 78 1 10 86% 103 101 = GO 10 N 62 e O 1o N 1O 16 2 106% 3 100 8100 7 104% 3 100% 12 104% 95l 094 92% 98 102 103% 1284 978 100% 1063 | 100% 1034 83 106% 99% 93% 978, 108% 95% 101% 107% 94% 4 105% 103% 116 105% 1104 121% 97% 108% 110% 100 104% 100% 104% 107% 106 105% 84% k¢ 101% 101% 107% 1677 68'a 69 88% 88% 86% 86% 103% 1034 4 100% 100% 117% 117% 834 83% 103% 103% 100t 100% 102% 1024 105% 106'% 96'% 964 924 92Y% 9% 95% 1L 111k Ch1& N W 7s. ChiRysbs.. {Chi TH& SES5s. Chi Union Sta 5s. Chi Unfon Sta 5s 44. Chi Union Sta 614 Chi & W Ind cn 4s C&WI5%s6 CCC&StT,5s. Cleve Term 5s Cleve Term 5 Colo & Sou 4% Cuba R R 58 Cuba N R 6s Del & Hud cv 58 35. Del & Hud 5%s. Den & Rio G cn 4s. D & Rio G fmp 5s. D Rio G West 58, Erie 1st cons 43. 5 106% 96% 92% 95 1n% 104% 87 98Y% Y 106% 106's 97% 9T 997 100 103% 104 1% 12 103 103% 14% 14% 9415 94 94% 8% 02 102% 102% Great North s, Gr North zen 78 G Mob&N 5148 B 50 GreenB& WdbB.. 1 ~ Hud & Man ref 5s Hud & Man aj 58 111 Central ref 4s. 111 Central 515 T-C-C StL&NO 5. Int Rap Tran 5s.... Int Rap Tr 5s stpd. Int Rap Tran 6s Int Rap Tran7s. ... Int & G Nor 1st 6s.. Int & G Nor af 6s. < FtS4s. ~ Euand vowcantnte-tac—-Botenxdrrtatlcfaaniolbe-8 665 66'% 66 66% 69 69 9 104% 104% 72 72 91 73 - Kan City Term 4s 86 Lake Shore 4s 28, Lake Shore 4s 31. Louis & N uni 4s. Louis & Nash 51 Louis & Nash 7s 106% 106% 105% 105% 1057 637 584 981y 94 Man Man 2d 45 2013 Market St 7s 40, MIIEI Ry & L 5s. M&StListrf4s.. [ M St P & SSM en 4s VIStP&SSM5s38gtd Ry 1st 80 R 2 0 ®n MK&Tprin5sA. MK&T6sC Ao Pacific ge Mo Pac 5s 1965. Mo Pac 6549 D. Mo Pac 6355 E Mont Trm ref Gs 41. | New Or Term 4s 3 INOTex& M in5s 181 NOTex&M6sB.. 33 NOT&M5U%S. ... 42 10315 10314 103% 104 97y 974 8 86 100 1005 100% 100% iN Y Cent 45 98. {N ¥ Cent deb 4s NYCentribs.... N ¥ Cent deb 65. NY C & St L db 4s rEY 95% 95k 103 103 107 "3 957 100% 100y 100% 100% 102% 102% Y State Ry 416s.. Y W & Bos 4148 or & S gen 55 54. ., orthern Pac 4s Northern Pac 5s D. Northern Pacri6s 9 Ore Short L s 4s. 8 Ore Wash Istrf4s. 17 Pennsyl gen 4%s... 17 Pennsyl gen bs..... Pennsyl 5s 64. 1 Pennsy! 6% Pennsylgold 7s . Pere Murq 18t 5s. 4 PCC&StL5sB75. 7 Por RL&P 71:s46.. 2 ;f(udlnsgenlxfiu... 8 RIArk&L4%s... 14 ST LIM&S 4s29.... 24 |sr L1MesR&G 4s. 5 StL&SFplé4sA.. 83 StL&SFprinbs.. 11 L&SFb5%sD. 844 97t 1047 105 100% 100% 1124 112 4 107% 107% 1034 103% 100% 100% 1084 108% 954 917 97 o1y 9% 96 101% 102 93% 93% 85% 864 102% 102% % 9 StLS Weon 4832, St P&KCShL 4%.. SeabA Lrefds.... Tol StL . Tol Tr L&P 5%s 30. Union Pac 1st 4s. % | Unlon Pac 1strf ds. Unilon Pac 48 27 Union Pac 1st rf 6s. virginia Ry 1st 5s. Va Ry & P 5s. Wabash 1st 5s... ‘Wabash 24 5: 101% 101% 98% 98% :02” 102% 1044 104% H 100% 100% 90% 90% | 2. 1 late cables from Liverpool. Ma i the market was within 2 or 3 points of * 1 for redemption FINANCIAL. INBOND NARKET Inquiry Still Brisk for High- Grade Rail Legal Issues. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, March 26.—Demand for high-grade investment bonds was still strong today. The fact that trading was in small volume was due more to & lack of offerings than to any scarcity of buyers. Today it was the old line issues which were in the greatest favor, such as Baltimore and Ohio first 438, New York Central bs, Norfolk and Western consolidated 4s, Northern Pacific prior llen 4s and Pere Marquette 5s. Other bonds for which inquiry was good included Kansas City Terminal 4s and the New Orleans, Texas and Mexlico issues, which had been declared legal in- vestments for New York State savings banks on Thursday. All United States Government bonds were firm with the greatest strength in the Treasury 4748, and in the Liberty 314s, the last ;\an;‘ed duplicating their previous 1926 high. Weak spots in the speculative list were not as numerous as earlier in the week. There were, however, some fairly sharp declines, most conspicu- ous of which was Chicago Railways . This Chicago traction bond closed at 70% and opened at 70, rapidly selling down below 69, where it was lower than at any time in the past two years. New York Railways in- come 6s weakened under unusually heavy offerings. Empire Gas and Fuel 7133 were down fractionally. perhaps because of the competition of the new 6%s, but the Joss was not im- portant. The bonds of the Cuban sugar producing companies were steady all through the selling of cer- tain sugar stocks on the exchange, and some of them were higher, Manati 71%s gaining at one time a full point. Saks & Co. 7s moved up nearly a point. Bethlehem Steel bonds held their ground well. In the railroad group Missouri Pa- cific 6s were a little higher. Pressure on the French issues let up for a time today. Some of the honds had small fractional recoveries. Hungarfan 71;s were weak, German 7s were heavy, while the Belgian is- sues were practieally unchanged. The new $7800,000 American Gas and E! ctrio per cent debenture bonds afferad today at 993 went very | well. COTTON IS STEADY AT SLIGHT DECLINE Some Selling Occurs on Easier Late Cables From British B the Associated Press, NEW YORK, March Cotton fu- tures opened steady; May, 18.73; July, 18.28; October, 17.67; December, 17.35; January, 17.27. The market was steady at a de- cline of 1 to 7 points and sold about 6 to 9 points net lower during the early trading under liquidation by re- | cent buyers, Southern and local sell- | ing. Cold rains were reported in the South, which were considered un- favorable for the coming crop start, but the prospect was for clearing weather, while there is plenty of time i for _crop preparations, and there was { probably some selling on the easier | off to 18.71, and October to 17. these prices at the end of the first half “hour. Private cables from Liverpool re- ported some trade calling in the mar- ket there, but complained of a con- tinued poor demand for cotton cloths and yarns. EW YORK. March 26 (#).—Cotton fu- at.a net’ decline of 4 to cember, 16. January, 16.95 bid. The market opened easier, although Liver- pool was_better than due and the weather map showed much rain and cold in the belt. First trades showed losses of 4 to 9 points and old crop months eased off a point or two after the call to 17.98 for May and 17.64 for July, or 6 to 7 points below yester- day’s close. New crop months which owed the most weakness at the start, did not decline below the initial figures of 16.96 for October and 16.98 for December. The easier tone was due. to fears of bearish week end sta- tstics and the official forecast for better weather in the belt. NEW ORLEANS. March 26 (#).—Cotton {utures closed steady at a net decline of & to 10 points, Sy uly eobe December Januars . Close. 08 L08b-.17a 16:97b ‘WILL REDEEM NOTES. NEW YORK, March 26 (®.—Re- public Iron and Steel Co. has called on July 1 its out-| | standing 5 per cent notes due in 927 and 1928, of which $4,000,000 was sued In January, 1925, for construc- tion purposes. One-third of the amount was retired on Jaauary 2 last. The notes due in 1927 will be redeemed at 100%2, and those due in 1928 at 101. —_—— RUBBER IS LOWR. Special Dispatch to The #es NEW YORK, Vasd 26.—Crude rubber, standard gra, was quoted at 5815 cents at noop i'y. This com- pares with 59 ceis vesterday, 50% cents a month ’go and 43% cents a year ago. [ o BONDS o] | PRICES AREFIRM PASSENGER LOSS Received by Private Wire Ni-sst to The Star Office. UNITED STATES. (Sales are in $1.000.) Low. 1016 1015 100 10 100 10 100 {0 1024 1027 100 26 100 24 100 26 100 31 100 31 2 102 15 102 11 10216 14 100 15 100 12 100 15 2 10830 103 23 103 30 1 107 20 107 30 107 30 FELTBYW.R. £.C0. Decrease of $5,330-in Op- erating Income for February Noted in Report. BY EDWARD C. STONE. According to the report for Febri ary filed by Washington Railway anj Electric Co. with the Public Vtilitics Commission today the carrier suffe e @ loss in passenger traffic during .he month of 2.20 per cent in the District, or 125,000 passengers, in comparison with the same perlod a year ago. The loss is ascribed by company officials to the steady increase in the number of privately owned automobles Durlng the month in review the company's operating revenues tota ed $369,497, in comparison with $366 897 for February, 1925. Operating in come, according to the report, show ed a loss of $5,330. The company’s ne income, however, 9 The report shov ¥ increase in met in come for the month was brought about by $30,000 additional dividends from the Potomac Electric Power Co. The company also included in the report filed toda tement of the City & Suburban Railway, which had « net income of $4,319 for Februar 1926, and net income of $8,272 for Fei ruary, 1925. Net income for the first 1wo months of this year totaled $10 905, against $16,042 for the wame period a year ago. The Georgetown & Tenleytown Railway reported a ne income of this vear in Februar: two months thi= vear of $896, against $589 last vear The February report of the Potoma- Electric Power Co. placed gross earr ings from operations this vear a: $701,850 and_$61 for the same period in 1925, an increase of $88,204 .\'_Pt income for the month was $2' 171, compared with $244.606 in 19 showing a gain of $29,564 over t same period a vear ago. In conn tion with this substantial increase, i is stated that one reason for it was that there were many more dark days in February this year than last, when the sun was much less friendly toward users of electric current. Trading on Local Board. Washington Railway & Electric pre ferred was the most active issue trade in on the Washington Stock Exchange today. There was a turnover of b3 shares in three transactions at 901, the recent prevailing price level Twelve shares of Capital Traction stock changed hands at 104, the same price as yesterday. Potomac Electric Power preferred brought 106 on two 10-share sales. Twenty shares of Continental Trust Co. stock came out at par, the same figure recorded in vesterday’s trans tions. Lanston Monotype stood at $3 on a very small sale. In the bond division Potomac Elec- tric cons. 5s brought 99%, and Che: peake & Potomac Telephone of V ginia 5s figured in one sale at 99%. Drug Store Profits Jump. Net profits of Peoples Drug Stores Inc.. for 1925 rose to $421,262 from $343.714 the yvear before. This was equul after preferred dividends. to £3.41 a share on the common, against share in 1924. Sales were 08,979, compared with $4,813.809. The company’s net working capital at the end of the year was §$692,991, against 0391566 at the close of 1934 ‘This annual report just made n New York is of special interest to ‘Washington, where this chain of stores operates. Peoples Drug Store stock was listed on the Washington ock Exchange last week after being given the usual investigation by the board of governors. So far no local transactions have been reported. This stock was offered on the local change today at 1053%, on which 1 was bid. The stock has been on the New York «Curb for some time, but trading in New York in the issue also has been quiet. Bank Declares Dividend. The board of directors of the Na tional Metropolitan Bank met vester day and declared the usual n nual dividend of 5 per cent, according to announcement by George W. White. president of the bank. The dividend ix payable pn April 15. The hooks for the transfer of stock will be closed from April 5 to 14 inclusive. ‘This bank, which was organized 112 vears ago, includes among its officers in addition to Mr. White, O. P. H. Johnson, vice president; C. F. Jacab sen, cashier; Frederick DeC. Faust trust officer; J. Gales Moore, auditor Charles E. Bright, Albert H. Bedford and C. Louis Eckloff, assistant cash iers. Road’s Profits Fall Off. The Pennsyvania Railroad Co. re ports a net railway operating incom: for February of $4,634,083, or $449.03 less than in the same inonth of 1925 The net for the first two months of 1926 totaled $10,555.417, or $429,528 more than in the same period of the previous year. Operating revenues of $51.617.729 show a gain of §1,810 and operating expenses of $44.3S7 an increase of $2,173,810 over Febru ary, 1925. Operating revenues and operating expenses of $105,968,857 and $89,708,906 show increases of $2.842,- 908 and $2.314,247, respectitely, over the first two months of the previous year. Deyber to Give Radio Address. Victor B. Deyber, president of the Second National Bank, will broadcast a talk on banking from WCAP at 6:50 this evening. Members of Washington Chapter. American Institute of Banking, will visit the Bureau of Engraving and Printing tomorrow afternoon, the in spection beginning at 1 o'clock. The Baltimore and Ohio Railroad will share in the 200 per cent stock dividend declared by directors of the Cincinnati, New Orleans and Texas Pacific Railway. Z The volume of freight traffic handled by the class 1 railroads in January amounted to 37,678,286.000 net ton miles, according to reports just fled today by the carriers with the Bureau of Railway Economis This was an increase of 652,630, net ton miles, or 1.8 per cent above January last year, and an increase of 3.168,000,000 net ton miles, or 9.2 per cent over 1924. BUTTER DECLINES. CHICAGO, March 26 (#).—Butter— Lower; receipts, 10,337 tubs; creamery extras, 39 standards, 40; extra firsts, 39a39%; firsts, 38a38%; 'seconds, 37a37%. Lower; receipts, 19,011 cases; firsts, 28a28%; ordinary firsts, 27; storage pack extras, 30; firsts, 2914. CALL MONEY EASY. NEW YORK, March 26 (#).—Call money, easy; high, 5; low, 43%; ruling rate, losing bid, 4%; offered at 4%; last loan, 4%; call loans against ac- ceptances, 4; time loans, firm; mixed collateral, 60-90 days, 4%ad¥%; 4.6 months, 4%ad4¥%; prime mercantile paper, 4%. ———— Callahan Zinc-Lead Co. reports op- erating .deficit of $186,115 for 1925 after all expenses, against operating deficit of Si!l,“i in 1924, FEDERAL LAND BANK BONDS. . Brown ) (Quoted by Alex. Brown & Sona) . Field. 3353 PSR PEEEED SSESSESER2 Sosssse Sozmommesme=o S -~ W e 18 ERIE INCOME DROPS. NEW YORK, March 26 (#).-—Feb- ruary net operating income of the Erie Railroad dropped to $6,447 in comparison with §636,020 in February s Gross revenues were $801 000 less. There was a net operati deficit of $197,769 for the fi months of 1926 in ci 3 operatinz incor TR corresponding