Evening Star Newspaper, March 28, 1926, Page 40

FINANCIAL. THE SUNDAY STAR, WASHINGTON, D. NEW YORK STOCK EXCHANGE Total Sales.. 5 Same period a year ago. . Last Week. Year to Date. WEEK ENDING MARCH 27, 1926. Average price of 50 stock: Same period a year ggo. £ 1925--26. Righ. Low. sS4 62 50 45 117% 90 Adams Express (6) 20 10 Advance Rumely. 631, 47 Advance Rumely p 12% 7% Ahumada Lead (11). 118% 86% Air Reduction (15). 16 9 111103 25 1 Alaska nmn 141'5 119 All Ame 1 342 80 Allied Chem & Dye (4 Stock and dividend, Abitibi Power & P (4)2 117 Allied Chem & Dye pf(7) 71% Allis-Chalmers Mfg (6). 247 Amerada Corpn. 135 Am Agricultural Chem..." 612 Am Agriculturl Chem pf. « Am Bank Note (1.60). 4 Am Bank Note pf (3). Am Beet Sugar (4) 3 cet Sugar pf (7) 20 Am Bosch Magneto 90 Am Brak 107z Am Bral 31, Am Brown Boveri 88 Am Brown Bov E 15815 Am C 115 41 Am 5 AmC For Power pf (7) Am Hide & Leather. Am Hide & Leather pf 55 Am Tce (110). 2 Am Ice pf (6) 4 Am LaF Fire Am LaF Fire Am Linseed. Am Linseed pf 96% Am Locomotive (8) 15% Am Metal (4) 111 Am Metal pf (7). 90 Am Plano pf (7). 897 A Radlator (4). Am Railway Express (§). Am Republics. Am Safety Razor (3) . Ship & Commerce. 87% Am 47% Am Sugar J.enmng ). 91 Am Sugar Refining pf(7). 6 Am Sumatra Tobacco. 37% Am Telegrh & Cable (5) 130% Am Tel & Telegraph (9) 85 Am Tobacco (8). 8415 Am Tobacco C1 B ( 1045 Am Tobacco pf (6) 103 Am Typefounders (8). 105 Am Typefounders pf (7). 34% Am WaterWks (1.20). 98 Am Water Works pf (7) 29% Am Woolen. . 6912 Am Woolen pf (7). : Am Writing Paper pf. m Zinc Lead & Sm. Am Zinc Lead & Sm pf. 35% Anaconda Copper (3). 40 Ann Arbor pf.. 6 Archer-Danlel 9014 Archer-Daniels-M pf ( 901y Armour&Co of Del pf( 0 Armour&Co of 111 CIA( Armour & Co of I1l C1 9 rmour & Co of 111 pf( 0% Arnold Constable & Co Artloom (3). 2 Artloom pf ( Art Metal (1). Dry Good; DryGood Assoc DryGood 2d pf (7). Assoctated Oil (2) . 1164 Atch Top & Santa Fe (7). 924, Atch Top & S Fe pf (5).. 1 Atlanta Birm & At.. 1471, Atlantic Coast Line (19). 20 Atl Gulf & West Indies. . 1 AtlGulf&West Indles pf. a2 Atlantic Refining. . 1181, Atiantic Refining pf 45 Atlas Powder (4). 90 Atlas Powder pf (6). 915 Atlas Tack. tdland. ~1925-20— High. 43% 60% B4 102 148y 105 Low. Stock and dividend. 32% Corn Prod Ref (2).. 45 CotyInc (4)...... 6415 Crucible Steel (5). 92 Crucible Steel pf (7). 7% Cuba Cane Sugar. .... 8744 Cuba Cane Sugar pf. 42 Cuba Co (4) 20 Cuban Amer Sugar (2). 21 Cuban Dominican Sugar. . 16 Cuban Domintean Sug pf. 71 Cudahy Packing (7)..... 62 Cushman's Sons (3).. 48% Cuyamel Frult (4). % Danlel Boone Wool Mills. 277% Davison Chemical 3 20% De Beers Mines ( 8214 Deere & Co pt (7) 13315 Delaware & Hudson (9). Delaware Lack & Wn (17) 5 Denver & Rio Gr West pt. 110 Detroit Edison Co (8). 85 Devoe & Ray 21% Dodge Brother: 7312 Dodge Brothers pf (7).. 123 Dome Mines (2).. 14 Douglas Pe 3 2% Duluth So Shore & Atlan. 8% Duluth So Shore & Atl pt 1343 Dupont de Nemours (f1 94 Dupont debentures (6) 105 Duquesne Light 1st pf(7) 8 Durham Hosie L 107% Eastman Kodalk (18) 10% Faton Axle & Spring 13 Eisenlohr & Bros. . 6315 Ilec Auto Lite (16% ). 4 B 173 Elec Power & Light ctfs. 891 Elec Pow & Light pt (7). C1 P&L pf ctf 40% pd (7). lectric Storage Bat (16) 1k Horn Coal. Horn Coal pf. ndicott-Johnson (5) 331 Erie 2d pf. .. 47 EurekaVacuum ¢ m. Fairbanks Co. ... 321 Fairbanks Horse ( 901 Famous Players-Las (8) . 103% Famous Player: 6 Fed Lt & Trac (* 15% Fed Mining & Smelting 49'; Fed Mining & Smel pf (7). 2001 147% Fidel Phoenix F Ins (6).. 21%. 12 Fifth Avenue Bus (64c).. 110 49% 125 28% 84 107 57 183% 8 28% 2 16% 60 104 73 113% 118% 594 100 First Nat Pict 1st pf (8). 34 First Nat Stores (13)... 601 Fisher Body (5) . 10% Fisk Rubber..... 791 Fisk Rubber 15t pf stpd. 100 Fisk Rubber 1st pf ov(7). 84% Fleischmann Co (2) 8915 Foundation Co (8). 59 Fox Film Class A (4) 8 Freeport-Texas.... 287 Gabriel Snubber A (?"’t ) 41s Gardner Motor. 441 Gen Am Tank Car (3) 96 Gen Am Tank Car pf (7). 4215 Gen Asphalt. 5 862 Gen Asphalt p: 841: Gen Clgar (8).... 51 Gen Cigar (new) 11812 104 Gen Cigar deb pf ( 3861 11% 61% 100 96 149% 292 Gen Electric (8). 10% Gen Electric Spec (§00) .. 8% Gen Gas & 4 96 Gen Gas & El 94 Gen Gas pf B (1) 64% Gen Motors (112). 115'2 102 Gen Motors pf (7). ey 89% 83 114% 261 56 Td% 102 109% 101 114% 42 1034 23 231 82 4013 113% 19} 107 2615 Gen Outd Adv vot tr ctfs. 45% Gen Outd AdvCl A (4)... 42 Gen Petroleum (3) 65 Gen Ry Signal (14%). 47 Gimbel Brothers. . . 10215 Gimbel Brothers pf (1) 121 Glidden Company (2). 87 Goid Dust... 86% Goodrich (BF) Co (4). 92 Goodrich (B F) pt (7). Goodyear Tire&Ru pf(7). 86 Goodyear T & R pr pf(8). 5% Gotham Silk Hos (232)... 99% Gotham Silk Hos pf (7 18% Gould Coupler C1 A (2). 13 Granby Consolidated 60 Great Northern pf (5) 24 Gt North Orectfs (1%).. 91 Great Western Sugar (8). 10 Greene Cananea Copper 37 Guantanamo Sugar-. . . Year to Date. High. Low. 139.16 114.07 . 112,85 102.93 Net. . Low. Close. Chge. 36% BT — % 4 -6 61% + % 99 9% — % 401 — 1% 43% — 1% 24% — % 2% — % 17 83 8b 45 % 30 - 2814 1047 - 1643 101 59 100 4 105 51 111%2111% 292 292% 114 11% 381 40 - 96 96 94 94 116% 114 COFFEE MARKET QUIET. Close Is 5 to 10 Points Net Higher. May at 17.20. NEW YORK, March 27 (#).—The coffee market was very quiet today with a steady undertone. The open- ing was § points higher to 5 points lower, May selling at 17.20. The to 10 points net higher. Sales were estimated at 11,000 bags. Closing _quotations: 17.20; July, September, i December, ; March, 15.45. pot coffee quiet; Rio 7s, 17%al8; a2 Cost and freight offers from Braxil at nge on London 1-64 pence higher: r buying rate 10 points | lower: Ri ket unchanged to ;. Santos unchan; to .»ll port receipts, 42,000; 000, — ELECTRIC BOAT REPORT. NEW YORK, March 27 (). Income of $523,649, after interes other charges, but not before Federal taxes and depreciation is reported by the Electric Boat Company and sub- | sidiaries for 1 not including the New Lontdon Ship and Engine Com- pany, which Rad net ~-1025. | Migh. 1L L High. Low. Close. (hl\'.' ;| A +1 | 92% 76 7 Louis Southwestern . T8% T Louls Southwst pf (5). 74 73 3% 3 it i 108%, avage Arms (4)........ 81 84 19%, 5, | 1381 7 chulte Retail St (§8).... 5 4 48 3 118 chulte Retafl St pf (8).. 115 115 1156 54% huurd Alr Line 32% 29% 30'5 - 12 55" Market St Ry . 44 32 Marland Oil (4). . b6 30% Mathieson Alkali (). May Dept Stores (b Maytag Co (2)... Metro Goldwin pf (1.89). Mexican Seaboard. . Mifami Copper (1) . Mid-Continent Petroleur Middle-States O1l. Middle States Oll ctfs. Midland Stl Prod pf (19). Miller Rubber ctfs Minneapolis & St Louls. . Minn & St Louls ctfs. Miuneapolls St P &S § Minneap StP & § Missour] Kunsas & Tex. Mo Kans: issourt Pacific Missouri Pactfic Montana Power (5) Montana Power pf Montgomery Ward 4 Moon Moters (3)..... Morris & Essex (37%). Mother Lode Coalit ( Motion P Moto-Meter C1 A Motor Wheel (2).. Mullins Body... Munsingwear (3). Murray Body Nash Motors Nat Acme (stamped). Nat Biscuit (14). Nat Biscuit pf (7) Nat Cash Register (3). Nat Cloak & Suit........ Nat Cloak & Suit pf (7).. N ¢ Dairy Products (3). tores. l]ir[vl.(‘\lllf{\ s t Distillers Products. t Distillers Prod pf am & t Lead (8) Nat Lead pf (7) vada Consol Cop (1). New Orl Texas & M (7).‘ \\' Air Brake CI A (4)... N Y Canners (c N Y Central (7) CY ChI& StL (1734) ... 160% 156 N Y Chi N Y Dock. . N Y Doc pf (5). N 'Y New Haven & lhn N Y Ontario & We; ¥ Y Railways pt ctrs N Y Railways pf ctfs N ¥ State Railways. DI " Pw Co pf(1%) ‘orfolk Southern | present common held. | will require 180,000 shares of new com- {mon stock. any, income _of | $811,706 before depreciation and Fed- & Texas pf (8) w turé (1Y . 22% 20 HOLIDAYS TO RETARD DRY GOODS BUSINESS NEW YORK, March 27 (#).—Re ligious holidays next week are ex- pected to returd trade in primary dry goods markets, especially in garment and clothing links. Cotton goods were barely steady, with most of the business confined to a few gray ¢loth and sheeting constructions and ac. tive demand for printed goods, rayons and cotton and silks. Raw silk mar- kets were steady. Silk goods con- tinued in moderate demand. The burlap business for the week was the largest since last Fall. = Prices are now steadler. An auction sile of 95,000 bales of rugs scheduled for the week of April 5 will be followed by irregular’ seasonal openings, accord- ing to trade announcements. STOCK ISSUE APPROVED. NEW YORK, March 27 (P).—An issue of 30,000 shares of 7 per cent | preferred stock, $§100 par, of American | Machine and Foundry Company, has | been approved by stockholders, also a | | change in par value of the comimon | stock from $100 to no par on the basis of three shares for each share of the The changes Twenty thousand shares of new preferred will be offered share- huldPr\ prorata at par with nonde- tachable warrants entitling the holder to buy one share of common at $50 be- ceen January, 1928, «und December, Net. | ~1925--26~ High. Low 511 Tomb Stock and dividend. Louls-San Fran pf (6). 86% 85 85 Spear & Co. .. - Spear & Copf (T)........ T% 7% Spicer Mfg ¥ Standard Gas & El (3). 5 52% 4 Standard Gas & E1 pf (4). Standard M{ling (5)..... Standard Oil of Cal (2). Standard Oi1of N J (1) andard Ofl of NJ pt(7) # 118% 1171 andard Plate Glass. . 8 T erling Prod (4)........ 78% 176 ewart-Warner (6) 84 ¢, MARCH 28, 1926—-PART T. HUGE GAS MERGER. $10,000,000 Firm to Be Under Southwestern Co. Control. INDEPENDENCE, Kans., March 27 (A).—A merger of 20 gas com- panies into a ten milllon dollar corporation under the control of the Southwestern Gas Co., with head- quarters in Independence, was announced here by company officials today. The companies comprising the merger now supply cities from Olathe, Kans, on the north to Skiatook, Okla.,, on the south. The name of the company has not been officially selected but all the other details have been. completed, it was announced. The first pur- chase made by the company was that of the Owen-Osage Oil and Gas Co. at Caney, which gives the company control of much of the Osage Indlan nation gas supply, one | of the lar:eil in !he world. VALUED LIGHTLY NEW YORK, March 27 (#).~Millions of dollars in patents and rights were given a technical valuation of only $1 in the report of the General Elec- tric Company for the year ended De- cember 31, 1925, recently issued. It is said that perhaps not even officials of the company can place an accurate valuation on these franchises, which are worth many millions to the con- cern Nigh. Low. Close. 68l 61 68% 36% 337% 34 163 12 agrave (1.20). 14 13% 13% 241% ars-Roebuck & Co () . 47 45 Sears-Roebuck (new).... 47 45 45% 6 Seneca Copper. . 6% 6 6 attuck (Frank G)'(2).. Gb% 52% b3% ShellTr& Trad (a92%c).. 43% 427 427 Shell Union Ofl (1.40).... 26 25} 2b% Shell Union O11 pf (6) Sheubert Theatre. L bT% 544 06 Simmons Co (12%)...... AT4 44 % Stmms Petroleum (1).... 244 2214 Sinclalr Consol Ol . 284 21y i Sinclair Consol Oil p£(8). 93 923, Skelly Oil (2). 30% 27, Sloss-Sheff Steel & Ir (8). 112 106t oss-Sheft S & Ir pf (7).. 102 102 outh Porto Rico Sug(6). 112 110% So Porto Rico Sug pf(8).. 115 115 Southern Dairles A (4).. 48 48 Southern Dairles B. 327 30 $ 96 Southern Pacific (6) 991 98 6% 77% Southern Raflway (7) = Southern Raflway pf (5). 89% 88 . 1971 178% 182% . 108% 103 108% . 112% 109 16% 15 241 22 z Carburet (6).. 70 udebaker Co (5) 66 bmarine Boat. .... 3 BUD Of) (1Yo v voeivonenn B8 Superior Ofl....... w8 pertor Steel. it BY weets C'o of America.... 10 ymington. .. 5l ymington Class A (2)... Telautograph Corp (50c) ,perkcnem . 133" 1274 Texas & Pacific 51% 473 » Texas & Pac Coul & O1l... 14 Texas Pac Land Trust.... 570 The Fair (2.40) - 28% 314 Third Avenue 4 32 Thompson J C (3.60).... 44% Tide Water Ofl (1%)..... 33 Tide Water Ol pf (5).... 92 Timken-Detroit Axle(t4). 4815 Tobacco Products (6 5 98Y% Tobaceo Prod Cl A (7) Transcontinent=] O1l. Transue & Wims S F (2). Twin City Rap Tr pf (7).. Underwood Typswr (4) Union Bag & Paper. Union Carbide (5). lower to %e higher; corn, off and oats tolfc down to Mar (old) Sww{n»r g Mg‘trmbflr - May FINANCIAL st TR et Dot o U O e e i e L A S e i v el R S D R PR Rallies—Bullish Statistics Expected. By the Assoclated Press. CHICAGO, March 27.—Ferecasts of widespread molsture In the West and Seuthwest did much today to relleve fear of crop damige and to muke wheat prives average lower. ing support developed, however, and numerous sharp railies took place, it belng expected that Menda tles will prove bullish. F mand for Nerth American wheat to- day was slow. ‘Wheat closed frregular 1'%.c net Y (new uly eptember Jones Brothers Tea reports net in come of $149.812 for the year ended January 26, equal to share on the cumulative preferred in contrast to net loss of $284,580 the $3.98 2 year before. 10 Me | glump and recoves | thing of the past.” said Mr. Lynch “Prosperity is making a long visit with America, and, barring some un foreseen de to enjoy flourlshing business for man: more montk contributed to this situation, not the least of which has been the contini ance of high wages. ing people have proyided an unfail ing market for goods produced. T GCOD NEWS ON CROPS PRINTING INDUSTRY’S SENDS WHEAT LOWER | Fair Buying Support Brings Many | Business, Ever Sensitive to Fluc- PROSPERITY HOLDS tuation, Escapes the Re- cent Slump. Special Dispatch to The Star. INDIANAPOLIS, Ind., March 27 The printing industry, ever sensitive to business fluctuations, has in the last year escaped the slump usually ©lanticlpated after a period of excep ;|tional business activity, and indica tions are that the present era of pros perity will continue indefinitely. Jamnes “| M. Lynch, president of the Interna tional Typographic: nion, sald to day checking eports’ from ! important jurisdictions of the union “The old cle of business boom eems to be a lopment, we are going: Many conditions havr Well paid work vment in all lines could he more tabilized we would be well ir inst business fluctuations . surplus &€ the Missouri 5 declined to $334,317 0 in February last y | making surplus for the months this vear $720,963 $802,743 a ve: THE YEAR 1926 TO DATE ON THE WASH. INGTON STOCK EXCHANGE. Furnished hy w. B Hibbs & Co. Up to and Including ¥Friday, March 2 Bales. BONDS. Open. $2,000—Ana. & Pot. River R. R. 1st &s... 5,000—C. & P. Telephone 1st bs. . 9,300—C. & P. Tel. of Va. . 102,000—Capital Traction 1st s 3,000—City & Suburban Ry. Ist & 15,000—Georgetown Gas Li. 1st 10,000—Pot. Elec. Power 1st 5s.. 50,000—Pot. Elec Power Cons. s. 6,300—Pot. Elec. Power Ge . Elec Pow 1 $,000—Wash. Ry. $,500—Southern Bldg. 3,800—Wardman Pa STOCK —Capital Traction ington ceane 3 ¢ com. .. 2,071—Wa y. & Elec pfd 904—Pot. Elec. Power 28—Pot. Elec. Power 337-—Federal-American 83— Liberty National Bank tional Bank : fetropolitan Nuti Bank. tiggs National Bank. 36—Washington N 186—American Security & Trust.. Continental Trust rust. s & Trust Title Inst Paper Mfg. pfd 2,005—Lanston Monotype 466 2-3—Merchants’ Tfr. & Sto . Merchants Tfr, & Storage pfd. DE: .. pid. 08 10014 10015 and W «whmuun “Steam 1—Security Storage .. 40—Washington Market U \LI TED DFPART\IP NT, —Chapin 4—Chapin-s 10—Departmental Bani 5 10—Northeast Savings Bank. gh Hotel Co. BONDS. 36% 28 Gulf Mobile & Northern. . : o Norfoik & West (18) 16 Auto Knitter Hoslery 109% 89% Guif Mobile & Nor pf (6). orth Am (b10% sock) - 97% Baldwin Locomotive (7). 95% 67% Gulf States Steel (5)... orth Am pf (3) Union Pacific pf (4). 105% Baldwin Locomo pf (7).. 5% — 14| 37% 25% Hartman Corp (214).. orth Am Edison pf (§).. 931 5 Unlgn Tank Car (5 71 Balti & Ohlo (5). : % i 294 Hayes Wheel (13%)... < orthern Central (4). Unifed Alloy Steel (500). 4 Halti & Ohio pf (). 12 684 68Y 7% 66 Helme (G W) (16%) 8% orthern Pacific (5)... . %68 United Cigar St (*33) . igor & Aroostook (3).. 87 147 134 Hocking Valley (4). + Vorwalk Tir & Rub(1.60) 10 United Cigar St pt (1) i ngor& Aroostook pf (7). 487% 26% Hoe (R) & Co Class A w{ 18 Nunnally Co (1) United Drug (8)..... | 18% Barnsdall C1 A (2). .29 7 62 43 Homestake Mining (17). Oil Well Supply United Drug 1st pt (316) . 716 - i { Union Oil of Cal (2). 191 Aust! chols Union Pacific (10). £1,000—Metropolitan Club 4% Financial Highlights of Past Week Brought Out in Nutshell by i Special Dispateh to The Sta 951 91 117% 1173 Barnsdall CI B (2).... 5% 48% 34% Household Prod (13%). 3 Ot Well Suphiy pt (1) United Fruie ($12). ' Bayuk Ci 85 59 Houston Oil. . , 5 - 5ty Omnibus Corp. . United Paperboard (2) . G 5 & 512 Beech-Nut Packing (13). 35% 16% Howe Sound (3). - 2 Omnibus Corp pr A (8) United Rallway Invest. NEW YORK, March 27 This week Easeaan 41, Belding Brothers (3) 3 1| 891 21% Hudson & Manhat (23%).. Ot Hostery Bethlehem 75 643 Hudson & Manhat pf (5). ORys ERIC s DECT) 3 1391 33% Hudson Motor Car (3) Oppenheim Collins Bethiehem Steel pf (8) ... 115 14% Hupp Motor Car (1). O et Beuea) 41 Booth Fisherles. . % - 125% 111 Illnois Central (7) 115% 116% -+ 4 Otis Elevator (6)........ 120% 112 iy Con Mills CIA(H). B4y 781 75 Illimois Cent Isd lin, -4(1). & T8l OHEBOOl. sonnoessasovas 104 = 9% nufacturg (3). 2 125% 1121 lilinois Central pf (6). 116% Otis Steel pf. 41% 13% Independ Oil & Gas (1)... 26 21 24% 13 Indian Motoreycle (2) 20 R PR %| 14% 6% Indian Refining...... 108 Owens Bott anhat T pf (6). g 9 110 77 Indian Refining pf. 9% ¢ Pacific Coust & 68% Brookn Union ( 1 4 107% 77 Ingersoll Rand (3)... 87 4 . 31 1221 36 Brown Shoe (2) 3 50 87% Inland Steel (213).. 39 a9 P ‘m' tmu) 5 % 54 Brunswick-Balke-Collen. 5| g9n 211 tion Copper ( 21% 22 ori R o oW 5 Brunswick Ter & Ry Sec. 13 10 1 41% 131 Interboro Rapid Transit. 3 3 e Paige-Det Mot rar(f,sm' . 19 19% #5. Buflalo Rocha PItthI(§) % €9 %| 21% 155 Intercontinental Rubber. " Pt An BECE Trahs (6), . 89 6 81 Buitalo & Susuuchan ). i 714 Internat Agricultural. . 16% an-Am Pet & T CLB (6). 69% 9214 Burns Brothers ¢l / . 1308 40 Internat Agri prior pf(7). 15 an- st Pet B2 Y 17 Rurns Brothers C1 B (2). g Sty e Sl 5 Som Sorkorrechit st g g Utilities Pw&Lt CLA(2).. 81% 30 91': Burns Bros p , 1 52 Internat Cement (4).... ' 59%s 3 & Tilford. L 2 - e anadium Corp (2). 31 30 Amount . . $270.100.172 Burroughs Add Mach(3). 102 Internat Cement pf (7). % 1021 10213 + 19| O, §0¢ 7 n Raalte. .. .. T 16% 16 eIl Pty B S S " 313 Internat Comp Eng (2) .. 3714 : SHngs Class A - 6114 Viek Chemical (312)..... 45% 45% Nuifbess = Lot %0 Bush Tarminz Int Harvester (6)... . 20% 112 =ity o ck & K 8 ) Va-Car Chem new wi. 18 ® z . as P 41i Butte Coppe Totorne b Ebieatos pE(7). 12 1;11,4 N Bk &GN 1.‘.fiv, 1.‘14’:\: . 5 Va-Car Chem 6% pfwi.. b6% };,‘Zx; Riepine . 65 Butte & Superior ( Internat Match pf (3.20). 59 5 i ivania Coal&Colic s 1 -Car Chem 7% pEWi.. 941 931 Revenue.cat loadings: 17 Butterick Company . Titariis tiee Mazine. . e i e Porir e el 3 All commodities .... 29 Byers (AM)........oeee Internat Mer Marine pf.. 327 4 h e S oAbtz Y% d% 1% 5 4 Va-Car Chemctfs. ... e 1% ::::;“J“;“r‘:“’\-:" product 1000 Packing (18) .. 13 4 Int Nickel (). o 3 Botie Chicago (8). 121% 1181 Va:CarChempfotfs..... 84 6% bt i et e Tnisthimane Lo ASEsro MRIg ntte 0% i oo sy s dsic ) Reharts) e % Pere Marquette pf (6). ] 2 - & 21 Tl lumet & Arizona (f Internat Paper pf (7). 3} >hila Co (4). 61 65 -+ 2 Vivaudou pf (new)... 100% 9814 alumet.& Hecla (1% ) Internat Shoe (6)... .. £4 : R nns . Bon 50w Vulcan Detinning JE.(1Y0. 96, . 85 dian Pacific (10). ... Internat Tel & Tel (8) 115%¢116 3203 Phila & Read Coal & Tron : Wabash seer 42 88 (] 1) Thresh Mach. . Intertype Corp (t1%). 4 22 2234 - Philip Morris & Co. Wabash pf A (5). 72 7 Sl B L O Jewel Tea. 33% 31% 31m, Phillips-Jones (4) . L5 o 2 3815 Wabash pf B. TesOF I~y antral Leather Co...... Jones Bros Tea. . 5 16% 15% 4 Phillips Petroleum (3) . - 5 Waldorf System (1%) 18 17% Jones & Laughlin pf (1) 4 115% 115 Phoenix Hosier Walworth Co (180)..... 20% 20% Jordan Motor Car (3). T 43 45 Phoenix Hosl 9 94 % |18 Wil pekib g Class & - 1860 11 Kan City Pr&L 1st pf(7). 4 1073 107% & Plerc . - 2 Vard Baking Class B. 42 20y b % Kansas City Southern. 38% l;;,;./, Pierce-Arr = Ward Baking pf (7)...... 100 91 H Kansas CitysSouth pf(4) . 634 634 Warner Bro Pie C1A 14% 13% i Kayser(Julius)& Co(3).. i 36% 38 Weber & Heilbroner (4).. 61 574 Kayser (Julius) 1st pf(8) 1021 10215 SR RATR L EUD sy £ & ¢ Kelly-Springfield Tire i 15% 15% 97 West Penn Co (4).. 125 125 Kelsey Wheel (6). . 101 102% 8815 WestPenn Electric A (7). 91 90 Kelsey Wheel pf (7)..... 115 115 961 West Penn Tlec pf (7)... 97% 971 Kennecott Copper (4).. 513 104 Weet Penn Power pf (7). 109% 108 Keystone Tire & Rubber. s 1% : Pitts Utilities pf (11.20). 16% 11 Western Maryland...... 13 118 Kinney (G R) Co (4) 65 3 Pitts Utili pf ctfs (1.20) .. 16l 16 Western Maryland 2d pf. 19% 18 4 Kinney (G R) Co pf ( 937% ¢ i Pitts U pf etf new(1.20), 16% 19% Western Pacific. .. . 36% 385% Kresge S 8 (1.20)... % 46% Pitts & West Virginla.... 97 72 Western Paclfic pf (6)... 801 78y Kresge Dept Stores. 155 1 Postum Cereal (4,40) . 881 116% Western Union Teleg(8). 139 136 Kresge Dept Stores pf(8). 705 Pressed Steel Car B Y 3 1 97 West'house Alr Brk(17).. 114% 111 Taclada a8 b 4 ed Steel (new) 40 i 66 Westhouse E&M (4)... 7015 681 Liee Rubber & Tire wb % ¢ sed Steel Car pf (7).. 87% 9% Weston Elec Instrument. 17 151 Lehigh Valley (313) i — Producers & Refiner: 14% 19% Weston Elec Inst CIA(2). 30 283 ¢ Lehn & Fink (33, . 4] PublicService NJ (5).... T8% 18% Wheeling & Lake Erie... 23% 21 PR e el . Public Service pf (6)..... 98 22 Wheeling & Lake Erfe pf. 4315 39 Liggotb& Myers (14) o o Public - N T pf(7). 106 2515 White Eagle Oll (2). 21% 267 Liggett & MOl B (14). et Y Public Service N J pf(8). 117% i’ 57% White Motors (4)........ 7% 657 AT T 6CORDE VY. e ar 1 92% Publi &Gas pE(6). . 9815 % 26 White Rock (2). 32% 26 Tioewsane (2) : ok Pullman Company (8).... 157 1% Wickwire-Spenc Stictfs. 21 13 EPInc. ;. M Punta Alegre Sugar, ..... 36 9% Willys-Overland. ... 24% 21 § Pure Ofl (12)... . 28 7214 Willys-Overland of (1).. 97% 9614 4 4 R Egsfe_'%fiflex;“é?fl,fi,“" " gl 0 S & el ACTIVITY BY FEDERAL RESERVE DISTRICTS Radio Corp of Am. 39% 3% Wilson & Co ctfs. 4 315 5814 Cluett-Peabody (5) . e e 4 3014 Lorillard (P) Co (3). 3715 . Check transactions compared N o R D e g 2 14 108% Lorrilard (P) Copf (1).. 118% 118 PR % Jadpi Cor of Ami pf(3%). 46% 15 Wilson & Coprcité 1" 18 4 e ey Loutsiana Oil Refining. . . 1414 > i R R Sec I1l Cenctfs (4).. 7T2% 119% Woolworth F W (5 G ow T T w]orido Fusl & Iron. 227 Louis Gas & E1 CLA(1%) 23 4 Railwy Steel Springs(4). 66 244 Worthington Pum; s 151% 13387 319 443, Colorado & Southern. . 106 " Louts & Nashville (6) . 122 i Towy Steel Springs DI 117k F40% Wortningn Pamp DA (1. 709 3"‘ B ety | Ranseor ] 0 Colorado & Sou 1st pf(4) . ’ B = 39% 2y GOl OOUOE M 5315 Worthingn Pump DEB(O). 5538 oy 45% Columbia Gas & EI(2.60). 6 80 McCrory Stores (15.60) .. 80 91% 69% Reading (4).... 16 Wright Aeronautical (1). 291 28 104'5 Columbia Gas & El pf(7). 39% 79 MeCrory StClB ((35.60). B0Y % 857 Reading 1st pf (2) 46% Wrigley (Wm Jr) (14) 52 b51% 46 Columbian Carbon (4). ! % - 16 Melntyre Porc Mines (1). 24% 281 A% [ 25u Rendingad pf ()< 60% Yale & Towne Mfg (15).. 62% 61 'i Commer Credit (2)..... .. 1071 Mack Trucks (6).... 107% | 60w 43 Reld Ice Cream (3) 227 Yellow Tr & Coach(76¢).. 20% 24 ! Commer Cred 1st pf(615). 95% ¢ 103 Mack Trk 1stpd. ... 103 103 21100 S0P, Teld Top Gream it U 90 Yellow Tr & Coach pt(1). 95 Commer Tnvest Tr (3.60). | 3 108" Mack Trucks 1st pt (7). 110% % [127 46% Remington Typewriter. 63 YoungstownS&T (4)... 77 RIGHTS—EXPIRE. G ¢ Tr pr (6%) - 9 91 Mackay Cos 113% 103 Remingto: Commer Iny Tr pr (6'2) s . 114 Ma ) A i by iy United Railway Investpf. 5 1 High. Low High T T st1P & Fdy (10) 64% 166 $ . ¢ s 1 y s g e p&m; St 108 }3; o Stocks (average of 50 issues) .68 124.58 U S Distributing......... 47% 43 TS Hoffman Mach (3)... 53% 48% US Industrial Aleohol... 54% 51 U S Industrial Alco p£(7). 102k 102 U S Realty & Imp (4). 56 50 1 1 U 1 1 1 u @verage of 40 issues). n bonds (ave: i Last week. Year ago. Rubber. 7112 6614 Federal reserve ratio.. 3 S Rubber 1st pf ( 106 104 — 73| Money rates in New York: meit Ref & M (3!,.)‘ 43 404 2 9 Smelt B & M D). 4 e Steel (+7) el pf (7) This week. Last week Sien e den LAY te5 4y Time i S A e 41, to 43 315 10 4% 125% 1254 Month of Month of Month of STobacco (3)......... b9% 681 & Feb., 1928 Jan., 1 U S Tobacco pf (7)... 12 112 Univer Pipe & Radjato; 20% 17 Univer Pipe & Rad pf (7). 70 Unfilled steel orders . . 1.616,8: Pig iron production ............. 104.4 Building permits Number of cities i o 140 Live stock .. HOW IS BUSINESS" nt Leather Co pf 16'; Century Ribbon Mills: 85% Century Rib Mills pf (7). 43t Cerro dePasco Copper(4). 40% Certain-teed Products(4) 15%: Chandler-Cleveland. . .. 34% Chandler-Cleveland pf. 8915 Ches & Ohio (112)... 105% Ches & Ohio pf (813) 3% Chicago & Alton. . H's Chicago & Alton pf. 94, Chicago & East Llino 9 Chicago&East Illinois pf. 814 Chicago Great Western. . 1642 Chicago Great West pf 3t Chi Mil & St Paul. Chi Mil & St Paul pf 7 4°hi Mil & St P ctfs of dep. 2%C t P pf ctfs of dep i ern (4).. 80% Chi Pneumatic Tool (5). . 4014 Chi Rock Island & Pacific. Chi Rock Isl & Pac pf (6). Chi Rock Is] & Pac pf (7). 4‘#,,11‘\(1\(0(1"\]) eean 30 Chile Copper (232). 40% Christie Brown ctfs 3 Clirysler Motor (3). Pierce Oil...... 4 Pierce Oil pt. . Pierce Petroleum. Titts Coal Pitts Coal pt (6) Pitts Terminal Cy Pitts Term Coal pf (6)... 83 GENERAL BUSINESS ACTIVITY for the country as a whole, indicated b; deposiis outside New York, comparcd with the same week of last geny, TOnK LEARING BAROMETERS Showing trend of important factors. Present trend. Steady Business in_dollars (checks cashed) 2 Increasing Employment (Dept. of Labor) . “lfip::y(lknt. of Labor) Commer Solvents A (4). Commer Solvents B. Mackay Cos pf (4). 6 4 Macy (R H) & Co 64% 42% Republic Iron & 1% Pac Gas & Elec Mar3t... 24 1% Steady 14 Pub Serv, N J, Mar 31. Cost of living (Industrial Confererice Board Declining Steady Steady Steady a6 844 Republic Iron & St pf(7 ) e L 18 5% Reynolds Spring Mallinson & Co pf 981 72% Reynolds Tobacco B (4).. Y Manhat Elec Sup(414) s 67 e TR Qtde Manhat Elevated gtd (7)» 100 85 TRossia InsCoof Am (6).. Man Elev mod gtd (d5). 57% 48Y% Royal Dutch (al.21 9-10) Manhat Shirt (114). b b4 45 Safety Cahle (! 4 Manila Elec Corp (2). 52% 856% StJoseph (. 20% Maracaibo Oil Explor 22% 2 102% 67'. St Louis ‘Wholesale prices (Fisher’s Index) ......... A‘rknllurxr prices (Dept. of Agri ulture). Movement of goods (car loadings) .. P Retail trade (Federal Reserve Board) . Wholesale trade (Federal Reserve Bnnl'd} . Declining Failures (Dun’s) ..... Steady Bond prices (Annalist) .. . «.Steady. Stock prices (Annalist) . Decunlng Stock market volume (~Iurfl traded) . Steady (Complied and cupsrishicd Ly Cambildse Assuclates, Beston 165 Reading, July1......... 1 Seaboard Air Line...... 2% White Motor Apr 10. 16% Congolenm-Nairn. ... 15 Conley Tin Foil (stpd). .. 2615 Consolidated Cigar. . . 2% Consolidated Distributor. 304k 743 Comsolidated Gas (5). 93% 54 214 Consolidated Textile. 235 60% Continentai Can (16)..... 79% 344% 108 Continental Insuran (6).. 131 130% 130's 14 8K Continental Motors (80¢). 11% 105 10% ) PSS b W— u Digidend rates as given in the above tavk s —,..l,h rates as given above table are ayments. based ‘on he ‘latest quarterly or halt ety deet i less otherwise noted, waira or Special ods are not included: stock. = #Partly extra. otk Thin Year': mo rerular TaGe. b 103 “’m"" LS B 3 able 2% % quarterly. c Plus 5% in elock. 3 D s oxe 14+ 135