Evening Star Newspaper, March 30, 1926, Page 30

30 % BEARS RAID RAILS AND FORGE BREAK Rally Following Selling of Early Trading Fails—Many Issues Down. BY STUART P. WEST. ®pecial Dispatch to The Star NEW YORK, March New low prices for the - e made all s Through the Stock Exchange list to- was heavy selling under the snfluence of the uncovering of stop- Joss orders and of aggressive oper: tions for the decline. T some of them, I atd certain of n-Anterica The last named it fell below 0. had a bad smash, ter support for Industrial specialties, wore very wed The murket sed Wottom, with active selling was hea Huds but there was eneral Motors some of them, almost at the still in ts to the effect that banking s were active on the long side had only a temporary effect in check inz the decline. There was nothing in the outside news to account for the drastic sell- ing that came into the market for railway stocks, The lway group was not so much affected as was the industrial section of the market on the preceding day. Bears Attack Rails. The element worhing for lower prices concentrated their efforts in this section of the market today and in_forcing prices down a point to as much as 5 points fn some of the high-priced issues. Atlantic Coast Line slipped off easily. Coca Cola, which had been the one 20 resist selling pressure better than others during the recent downward wmovement in the market generall et little support today end was seil- ing substantlally lower with the rest. Even those shares involved in the Proposed Greater Loree System bore their share in the decline. The selling of the steel stocks was pot as pronounced. Large blocks of United States Steel common were zaken around 119%, early in the ses- sion, which represented a gain of a %alf point from the Monday final. But this was subsequently lost when 1he market turned weak again in the mfternoon. Publication of the annual yeport of the Sloss-Sheffield Steel and Tron for 1925 had a favorable effect upon the market for that stock. Earn- ings for the common after deductions for depreciation, depletion and taxes were equal to §15.09 a share on the common, compared with $10.47 in 1924, Some Well Sold. Shares of companies in which pools are known to have been active and have suffered severely, as a result of the recent bear campalgn, appeared 10 have been pretty well liquidated around today's low prices. Postum Cereal was subjected to fur- ther heavy liguidation at the outset, but later recovered. Allied Chemical and Dye, which was carried down miore than 6 points on Monday, rallied across 109, where it was more than a point higher. The equipments gave a better account of themselves than they have for some time, but no effort was made to continue the recovery. CLOSING IS WEAK. Peluge of Selling Orders Descends on Market in Final Hour., NEW YORK, March 30 (#).—The closing was weak. The deluge of sell- ing orders poured with unrelenting fury upon the market throughout the late dealings. United States Steel was carried below 118 to the lowest prices of the year, and scores of other in- dustrials and ralls were battered 3 to 10 points, to 1926 nrinimum figures. Atlantic Coast Lines extended its break to 9 points and Jersey Central 10 10 points. Total sales approximated 3,000,000 shares. Markets at a Glance Foreign ex- sharp break sends Bel- nc to new low. Cotton unfavorable weather. Sugar featurless. Coffee weak; lower Brazilian markef CHICAGO.—Wheat stocks. Corn higher; mand. Cattle steady. firm; light better cash de- Hogs higher. WOOL BUYERS SHY. Special Dispatch to The St March 30.—Raw held today ver Some terri- Loy wool has moved at $1.05 10 $1.10 clean basis. An exceptionally low affer reported included some Wyo- ming quarter bloods at 75 to 78 cents clean Michigun delanes are held for 45 cents in the grease and Ohio grades for 48 cents. Loreign spots are firm, with Australian stock at $1. BIG GAIN IN EARNINGS. NEW YORK, March 30 (®).—Net lron Co. for 1925, totaled $§1,978.941, profits of the heflield Steel and compared wi 516,276 in the pre- vear. After ll charges and preferred dividends, the earnings were equfvalent to $15.09 a share on the common stock, contrasted with $10.47 in 1924, Hugh Morrow, president of the company, told stockholders in the annual report that the production of pig iron exceeded all records, the out- put increasing 26 per cent and ship- ments 56 per cent over 1924, The year closed with the stock of iron on hand at the lowest point in the history of the company. The low Jevel of prices prevailing in 1925, he Indicated, was offset in a large meas- ure by the lower cost of production. wool and B.EIGK EXCHANGE. YOuotations furnished by W. B. Hibbe & Co.) Nominal Seiling checkp eold value Loy, London, 84 sfieb s o Nontreal,” aris. f~an Brussels. franc 4 000014 1 00014 %4 6 g Olo, crovm’. Stockholm. NEW YORK, March 30 (#).—For- eign exchanges irregular. Quotations in cents: Great Britain, demand, 4861,; 60-day bills on ‘rance, demand, 3.4214; Italy, demand, 4.02; crown’ nem.md Belgium, 23.80; weden, Switzerland, 2.68%5 Holland 40.07; 26.80; Denmark, 26.1 19.25%; Spain, 14.0 Poland, 12.50; Czechosl Jugoslavia, 1. % Argentlmx 39.55; Brazil, 14.25; Tokio, 4567%: Shanghai, 73. Montreal, 99 13-16. INANCTIAL. Open. ADItILI Pow (4).. T4 Abrahm&Straus. 45 Abr&sStras7%pf. 108 Adams Exp (6).. 100% Advance Rumley 12 Ahumada (1) 8 Alr Reductn(15). 111 Ajax Rubber. 9% Alaska Junea.... 1% Allfed Chem (4). 108 Allled Cm pf (7). 120% Allls Chalm (6).. 80 Amerada Corpn.. 24% Am Agricul Chm. 22% AmAgriChpf... 1% Am RBank N 1.60. 86 Am Beet Sugar.. 2T% Am B . Am B: Am B AmBrBovEl(2). Am Br Bo pf (7). AmCan ..... Am Car&Rdy (6) Am Chein A (2). {.|Am Chicle. . . Am Chicle ctfs. . Am Drug. Am.& For "nw Am&FP 2 Am & Fo P pf (1) 8% Am Hide & Lea.. 9% Am Hide & L pf.. 46% Am Tee (£10).... 1124 Am Icepf (8).... 83 Am Internatl.... Am La Fr (1). Am Linseed. ... Am Linsa pf (7). Am Loco (8).... § Am Loco pf (7).. 118 Am Metals (4)... 49% Am Metals pf (1) 115 Am Radfator (4. 106% Am Republic.... 68 Am Safety R (3). 47% Am Ship & Com.. 8% Am Sm & Ref(7). 116% Am Snuff (12). .. 141 Am Stl Fdys (3). 41'% Am Sugar (5)... 67% Am Sugar pf (7). 100-« Am Sumatra.... AMn Tel&Tel (9). Am Tobacco (8). 1137 Am Tobac B (8). 1114 Am Tobac pf (6). 109% Am Wa Wo 11.20 45% Am Woolen. 33 Am Wool pf (7). 82% Am Zine. 8% Am Zine pf . 284 Anaconda (3). Archer-Daniel ArmourDel pf (7) Armour T11 A (2). Armour 111 (B).. Arnold Con (n).. Artloom (3).. Asso DryG(234). o Ol (2) Atchison (7) Atchison p? (5). AtIBirm & At. .. Atl Coast L (19). AtIGuit& WI... Ati Gulf & WIDE. 40% Atlantic Refing.. 100 Atlas Tack...... 10 Austin-Nichol! 19 Austin Nic pf(7). 86 Auto Knitter. . 1 Auto S pf (2.50). T6% 97 ul 18 been granted a wage of $10 a day 9834 85% Baldwin L (7)... Balto & Ohio(5) . Balto & Oh pf(4). €8% Bang & Ar (3)... 88% Bang & Ar pf(7). 100 Barnet Leather.. 48 Barnsdall A (2). 264 Barnsdall B (2).. 24% Bayuk Clgar.... 39% Beech-Nut (+3).. 55% Belding Bros(3). 32% Bethlehem Steel. 40 Beth Stl pf (7)... 100% Booth Fisherfes. 4% Briggs Mfg (3).. 28% Bkin Edison (8). 135 BkIn-Mn Tr (4).. 57% Bkin Un G(111).. 69% Brown Shoe (2).. 814 Brunswick Balk. 26% Brunswick Ter.. 10 Burns Bro (10).. 124 Burns BrB (2).. 31 Burns Bro pf(7). 97 Bush Terminal.. 19 Bush Ter de (7). 87% Bur Add Ma (3).. 85% Butte Cop (50¢). 5 Butte&Super(2). 11% Butterick. .. 21% Calif Pkg (18).. Calif Petrol (2).. Callghan Zine. . . Calumt&A (14%) Calume&H(1%). Can Pacific (10). Case Threshing.. Case Thr pt (7). Cent Leather. Cent Leather pf. Cen Ry NJ(+12). Century Rib (2). Century R pf(7). Cerre De P (4)... Certain-Teed (4) Chana-Cleve.... 15% Chand-Cle pf(4). 34% Ches & Oh (112). 182% Ches&O pf (6%). 182 Chi&Alton..... 6% Chi & Alton pf. Chi & East I1l. Chi & East Il pf. Chi Great West. . Chi Gr West pt.. 84% 1% 56% 13% 155 1% 100% 12 47% 252 16 87 60 44 120% 100% 42 96% 51% 81% 1% 40% 30% Chi & Nw pf (7). Chi PneuT (5). Chi R1& Pac. CRI&P Dt (7) Childs (32.40) Chile Cop (2%). Chino Copper. Christie Brown. . Chrysler Corp(3) Chrysler pfA(8). 93 Cluett Peab (5).. 61 Coca Cola (7).... 129% Col Fuel & Iron. Colo Southern Colo Sou 1st (4). Col G & E (2.60). Col G & Epf (7). 1L Col Carbon (4) Com Cred (2). Com Cred 1st 6%. Com Cr pf B (2). Com Inv (3.60).. Com In Tr pt 6%. Com SolvA (4)... 125 Com Soly B..... 125 Congoleum-N. Consol Cigar. . Consol Distribut. Consol Gas (5).. Consol Textile. Cont Can (16) Cont Insur (6). Cont Mot (80c) . .. Db1% 2% 884 245 73% 1 25K 10 l.v 674 96 9% (0% 3% 24% 2% Crucible pf (7). Cuba Cane Sugar. Cuba Cane Su pt. Cuba Co (4).. Suban Am 8 (2)T Cuban Domin Cuban Dom pf . Cudahy PKg (7). Cushman’s (8 Cuyamel Fr (4) Davison Chem... 27% Deere&Co pf (5). 106 Del & Hud (9)... 167 Del L & Wn (17). 135 DRG Wstpf.... 40% Detroit Ed (8)... 123% Devoe&Ra(2.40). 36! Dodge Bros ClA. 30% Dodge pf (7).... 834% Dome Mines (2). 15% Douglas Pec (1). l’K 195‘5 Dul SS & Atlan Dupont (10... Dupont deb (8).. 102 Eastman (18)... 107 Eaton Axle (2).. 25% Efsenlohr & Bro. ) Auto L(16%). Electric Boat. ... Elec Powr & Lt. . Elec P& L pf(7). EP&LpL 40% (1) 1% 18% 91 995 e 100% THE EVENING STAR, WASHINGTON, NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Tow. Close T4 44 108 100% 1., " 109% 111% 120% 80y 25 22% T2% 86% 46% HJ\'- 36'4 131 30 6% 98 118 494 115 IB'I’ 4 7 ‘m 9 118 141 41 681y 100% 10% 142% 1137 1117% 1098 47% 33% 82% 18l 40V¢ 101% 87 6814 3815 100 48 2613 24% 89% 57 82% 41% 100% 25% 10 124 31 97 19 874 8513 3 118 21% 564 13% 155% 72% 100%: 12% 43% 183% 183 6% 120% 100% 42% 96% 51% 3% 1% 40% 1% 943 61% 132 652% 2% 20% 24 73% 125% i 185% 40% 124% 36% 81% 83% 16% 1 SK l’DK 102 107 25% 4% 18% 91% 9% 9% 1% North A (B3.40) ... e %&tngfimfifi Vith = Close. 74 | Elec Sto Bat(16). 44 |Emmerson Brut. 108 [Emmerson B pf. 100% 1z 14\9% l‘v 107% 120% 79% Bureki vac ) Fairbanks (3)... Famous P1 (8) .. FedLight (*1.40) Fed Min & Smelt 26 | Fed Min pf (7).. 20% | Fid Phoenix (6) 67% F'rst Nat S(1%). 38% | Kisher Body (5). Fisk Rubber FiskR1stpfs(7). Flefschman(2) Foundation (8).. Kox Film A (4).. Kreeport-Texas. Gabriel smfl% ) Gardner Motor. i|Gen Asphalt..... Gen Asph pf (5). Gen Gas pf B ( Gen Mot (112 Gen Mot pf (7). Gen Outdr Adv. . Gen Outdr A (4). Gen Petrm (3) GenRySig(f4X Glmbel Bros. . Glidden (2)... Gold Dust. . Goodrich Ru (4). Goodyear pf (7). Gothm S H(214). Gould Cou (2)... Granby Consol Grt North pf (5). Gt Nor Ore (1% Grt Wstn Su (8). Gt West S pf (7) Green Canan Guantanamo Gulf Mo & Not Gu M & N p? (6). Gulf States S (5) Guif Sta 1st (7). Hartman (214). o | Hayes W (1815). | Househd (13%). Houston Of1 Howe Sound (3). Hudson Man 214, Hud Man pf (5). . Hudsion Mot (3). Hupp Mot (1)... linots Cen (7). 111 Cent pf (6) Indep Ofl (1). Tndian Moter (2 Indian Refinin, Indian Refg ctfs. Ingersoll R (3).. Inland St (2%).. Inspiration (2). .\ Interurh Rap Tr. Intcontal Rubber Internat Agri. In Ag Cprpf(T). Int Bus Ma (3). Int Cement (4).. Int Com Eng (2). Int Harveser (8) Inter Har pf (7). IntMtch pf(3.20). Int Mer Marine. . Int Mer Mar pf.. Int Nickel (2) Int Paper. Int Ry Cent Am. Int Ry CA pf(5). % | Int Shoa (6). Tnt Tel & Tel (6). Intertype (11%). Jewel Tea....... Jones Bros Tea. Jordon Mot (3).. KCP& L 1st (7). Kan City South. Kan C So pf (4) Kansas & Gulf. . Kayser J (3). Kelsey Whi (6) Kennecott (4) Keystone T & R. Kinney G R (4).. Kresge S5(1.20). Kresge Dept S... Laclede Gas (8). Lee Tire & Rub. . Lehigh Val(3%). Tgh&Fink ctf(3). e Sav (1.60).. Liggett & M (14) Lig& My B (14). 13'% | Lima Loco (4) Loews Inc (2) Long Bell A (4) 11% | Loose-Wiles. 47% | Loose-W 24 (1) 240 | Lorillard(3).. 15% | Louisiana Oil. 87 |LoulsGasA(1. 59 |Louls & Nsh (6)‘ 87% | Ludlum ¢2). ... ;"'/' MeCrory (xn.so). M'CroryB(15.00). MeTntyre P (1).. Mackay (7). 8% | Mack Trucks (6). Mack Trk 1st pd. 81% | MackTk2d pf(7). Macy HR & Co.. Magma Cop (3). 16% | Mallfson & Co. 9 | Man E1Sup(4%) 16 | Man EI gtd (d5). 9 |Man Shirt (1%). 14% |'Maracatbo Ofl. ... 65% | Market Street. .. Market St prior Market St 2d pf .. Marland O1l (4). % | Marlin Rock (2). Martin-Parry(2) Mathieson (4) May Dept St ( Maytag (2)...... MetroG pf(1.39) . Mexican Seabd. .. Miami Cop (1). Mid-Continent Mid-Cont pf (7). Middle States. Miller Rotfs(2). Min St P & SSM Mis Kan & Tex. . % | MoK & T pf (8). Missour! Pacific. Missourt Pac pf. . Montana Pow (6) Montgom Ward.. Moon Mot (3).... Mothr Lode(75c) Mo Picture(1%3). Motor Met(3.60) . Motor Whi (2). Muliins Body. . Munsingwr (3) Murray Body Nash Motors. ... Nat Acme (sta).. Nat Biscult (143, Nat Cash Reg(3) Nat Cloak & Suit. Nat Cloak pf (7). Nat Dairy (3) Nat Dpt Stores. Nat Distillers. Nat Enamel & S. Nat Enam pf (7). Nat Lead (8). Nat Lead pf (7)., Nat Pw&Lt(40¢). Nat Ry Mex 2d... Nat Supply (3) Nat Sup pf (7)... Nat Tea (4)..... Nevado Cop (1).. N O Tex & M(7). NY Alr Brake(2) NY Air BrA (4). " | NY Canners(c2). NY Central (7). NYC & StL(t11). NYC&SL pf (6). NY NY On & West. NY Rys.part cf 4% 46 112% 29% 80% 70 168 824 Midland pf(+10). HU 848 867 34% ‘88 29 75 70 *NY Rys pf t cf: NY-State Rys. NY Steam pf(7). \mo Niag Lock pf.... 109% Norfolk South. .. 28 Norfk & Wn(18). 143% 2% 4% l% 46 112% 1084 10 6t 113% 116% 199y 19 914 9 80% 37 20% 27% 1413 16 B3% 88y 584 33w 80% 184 ltfl'A 36% 103% 108 104% BT 867% 1% 66 41 23% 20% 424 —n 46% 116 i 1084 10 113% 115% 149% 10 0% 18i 3% 12 'D% 6% 104% 106 104% 88% 37 19 66% 42n 23% 21 NthAm Ed pf(7). Nunnally (1.60) . Ofl Well Sup (2) y: Oven. High. Low. Close. | Oppenheim (3) % T4 Otis Elevator(6). Otis Steel. Otis Steel pf. Outlet Co. s Owens Bot (4). Pacific Gas (8). . Pac Gas & Bl rts. Pac Ol (3) Packard Mot Faige Mot(1.80). Pan-Am (6) Pan-Am B (8) Pan-AmWnB(2). Panhandle. ...... Park & Tilford, Park Utah (60c). Pathe Ex Cl A. .. Penick & Ford PYenn C & Coke ! Pennsy R R (3 Penn-Seab Steel ., Peoples Gas (8). Pere Marg (18).. Pere Mar pf (5). . Pere M vrlorl.‘w) Phila Co-(4). “| Phila Co pt (3).) Phila& RC&1. Philip Morris. . Phillips Pet (3) Phoenix Hosiery. Pierce-Arrow. ... Plerce-Arrow pf. Pierce Oil. . Plerce Oil pf Pierce Petro! Pitts Coal. Pitts Coal pf *Ptts FtWay (7). Pitts Term ( PittsU pf n(1.20). Pltts & West Va Porto Reo Tol Postum (4.40) + | Pross Steel Car. . Prod & Reflners. , Pub S NJ pf (7). Pub S NJ pf (8). Pullman Co (8). Punta Aleg Pure Oll (12). Radio Corp of A Raulio C pf (3%). Rwy St Spr (4). Ray Cons Cop Reading (4). Reading rts. Reading 2d (2).. Retd Ice Cm (3). Reid TeeCr pf ( Remington Type. Remingtn 2d (8). Replogle Steel. .. Rep Iron & Steel Repl1&Spf (7). Reynolds Spngs. Rey Tobac B (4). Robt Refs & Co. . Rossla Ins (6). ., Royal Du(a1.33). Safety Cable (4). St Joseph L(13). StL & SanFr (7). StL Southwest. St L Swn pt (5). Savage Arms (4) Schulte (§8) Schulte pf ( Seaboard Alr L.. Seabd Alr Lipf. . Seagrave (1.20). ears-Roebk (6) . Sears-Rn (213). Seheca Copper-. .. Shattuck F G(2). Shell Un (1.40).. Shell Un pf (6) Shubert Thea Simmons (12.25) . Simms Pet (1). Stnclair Ol1. clair pt (8. kelly Oil (2) Sloss Sheft (6). Sou Dairies A(4) Sou Dalries B. .. South Port S (6) South Pac () Southern Ry (7). South Ry pf (5).. Spear & Co pf(7). Spicer Mfg jas & Bl (3). El pf(4). Std Mill (5).. Std Oil Calif ( StdOINJT (1).. Std 011 NJ pf(7). Std Plate Glass. Sterling Pro (4) Stewart War (8). Stromberg (6). Studebaker (5).. Submarine Boat. Sun'Ofl (f1). Supertor Ol1 Symington. Symington A( Telautogra(60c) Tenn Copper (1). Texas Co (3). *Tex Pac Ld Tr.. The Falr (2.40).. Third Avenus. . . Thompson(3.60). Tide Water(1%). Tide W O1l pf(5) Tobac Prod (7). . Tob Prod A (7) Transcont Of} Twin City (5) Underwood (4).. Un Bag & Paper., Un Carbide (5).. Unofl (2)... Un Paefflc (10). Un Pacifie pf(4) . Un Tank Car(5) . Utd Al Stl (50¢). Utd Cigar S0(2). United Drug (8). UtdDrg 1st(3%). Utd Fruit (+12). Utd Paperbd (2). Utd Ry Invest. .. Utd Ry Inves pf. USCIP&F(10). USCIPDL(T).. U S Distributing. U S Hoffman (3). U S Ind Alcohol. . U S Ind Al p£(7). U S Realty u).. U S Rubber. U'S Rub 1st (8).. U S Smelt (3%). USSmpf (3%g). U S Steel ({7) U S Steel pf (7).. Uni Pic 15t pf(8) Universal Plpe. . Univ Pipe pf (7). Ut P& LA (2) Vanadium (2).. Van Raalte...... Vick Chemical. . Va-CarCh(n)w i Va-CarCh 6% pf Va-CarCh 7% pt Va-Caro Chem. . Yivaudou ‘Wabash ‘Wabash pf A (5). Waldorf (1%)... Wwalworth (1.80), Ward Baking A. ‘ward Baking B Sav | wara Bak pf (7). Watner Bros. wWarren Bros( Weber (4)... W Penn ELA (7). West Maryland West Md 2d pf... West Pacific. West Pac pf (6). West Union (8).. West AB(17%). * | Westinghse (4).. Weston Elec. s W.umn A (2) Wheel & L Er! Wheel & LEDS. . White Eagle (2). ‘| White Mot (4)... 148% 984 82% 81 19% 11 840 White Mot (rts). White Rock (2). Wickwire ctfs. .. ‘Willys-Overland. Willys-0d pf(7). wWilson pf ctfs. .. 52 118% 81% AT 05% 122 106% 17% 149% 86% 26 32%\ 38% 45 45 61% 63 106 9% 49% 91k 6% 907% 1015 87 b1 4 397% 881y 65% 8% 178 4% 54 b2 24% 4644 26% 14 97% 1085 s, 7% % 5% 73 66 S1w 1 531 38 784 0% 188% 56% 250% 28% 20 74 169 101% 1% 48% 18 101% 49% 101% 16% 66 29% 29% 15% 45% 1% b56% 94 % ‘WoolwthFW (15) 142 25% | Worthn Pump. 100 |worthton B (6) . 109% | Wright Aero (1). 28 | WiiglyWm(t4).. 139% | Yale&Town (t5). 2 YelT&C (1 m‘ Bl - 27% 60% 62% 23% 922 66% 9% 18% 30% D. € [ox e voue BONDS sroox exemace] | GROUP OF FOREIGN TUESDAY, MARCH 30, 1926. Recelved by Private Wire Ritest te The Star Office. UNITED STATES. (Sales are in $1.000.) Sales. High, Low. 1015 1011 1026 1023 100 25 100 22 100 22 101 6 102 16 102 13 102 13 100 16 100 16 100 16 Lib3%s.... Lib st 4%s Lib2d 415, Lib 3d 4% s. 192 Lib 4th 43, 271 US3%s.... 2 US4s1944. 101 US4%s562. 15 FORE] 213 42 224 104 Argentine bs Argentine 6s Argentine 6s Oct 5’ 27 Argentine 6s A..... 32 Argentine 6s B. Argentine 7s. Australfan 5s. ... Austria 7s. . Bank of Chile !\6 ¥ | Bank of Japan 6s. Belgium 6s. Belglum 6%s. Belgium 7s. Belgium 7%s. Belgium 8s. Bollvia 8s. . Bordeaux 63 Rrazil 7. . Brazil 714s. . Brasil 8s Canada 5s 1931. Canada 58 1952.. ... Canada 6%s 1929. .. Chile 85 1926 Chile 7s 1943 Chile 851941, . Chinese Gov Ry 6s. Czecho T4s rets. Czecho 85 1951, Czecho 85 1952 ct. .. Danmark 6s. DEI5%s Meh 52 nmrh Enst 65 47. Dutch East I 65 62. Bl Salvador 8s 48. Finland 7s. . Framerican 7%s. French 7s. French7%s French 8s. German EI P 6 German 7s. Ger Agr Ba Ger Gen Elec Ts Greek Ts Hait) on. . Holland Amer 6%s. Hungary 6% . Jergens U7 M 61 47. Lyon 6s. . Marseille €8 Mexico 45 04 asntd. Mexico 45 10 asntd . Mexico bs assented. Montevidlo 7s Netherlands 6: Netherlands 63 72 Nord 61 Norway 5% orway 6s 1943, Norway 63 1944 Norway 63 1952. Orient Dev deb Paris-Ly-Med 63 Paris-Ly Med 7s. Paris Orleans 7s. Peru 7%s. " Peru 8s. Poland 65 40. Poland 5. Porto Alegre 83 Prague T%s. . Queensland 6s. Queensland 7s..... Rio de Jan 85 1946. . Rio de Jan 8s 47, Rio Gr Do Sul 8: Sao Paule City 8s Sao Paulo 85 1936. . Sao Paulo 1950 Suxon (P W) 7s. Seine 75 42 Serbs Crot Soissons 6 Sweden 51 Sweden 65 Swiss bis 1946 Swiss Confed 88 Toklo 53 Utd Kingm 2 Utd Kingm § 5,5 37. Utd Steam Copen 65 Uruguay 8s Zurich 8s. Adax Rubber 8s Am Agri Chem Am Chain 63. 4 |Am Smit & R 18 Am Sugar ref 6s.. AmT& T cltr 4s AmTE& Tecl trbs AmT&Ts{5s AmT& Tdebsls. 2 Am Water Wks 5s. Am Writing Pap 6s. Anaconda 1st 6s.... Anaconda cv db 7s. Andes Cop T7s rets. Armour&Co 414 rl Armour Del 5%s Assoclated Oil s, Atlantic Refin bs. Barnsdall 6s ctfs Bell Tel Pa 6s B. Beth Steel rf 5s.... Beth Steel 515 63. . Bethlehem Steel 8s. Bklyn Ed gen bs. Bklyn Union 5%s Rush T Bldg §s 80.. Calif Pete 6%8..... 8 Cen Leath 6s 45 cfs. 16 Chile Copper 68 32..129 CnGE5S%s62.... 1 Col Gas & Bl 5s...... Col Gas & El 5s sta. 21 Commonwlith P 6s.. 6 Con Coal Md 1st 5s. 7 ConGasN Y5%s.. 19 Consumers Pow 63. 11 Cuba Canecv 7s, 6 Cuba Cane cv 8s. s Denver Gas b: 5 Det Edison 68 £0. 1 Det Edison ref 6s 3 Dodge w i 6. 6 Duquesne Light C!. 1 Est Cuba Sug 7% Empire G & F 1% Fisk Rubber 85 Goodrich 6% Goodyear 8s 1931 Goodyear 65 1941.... 16 Hershey 53%S..... 18 Titinols Bell 18t 68. 20 Tilinols Steel 4%8.. 1 Humble O & R 5%s 31 ndiana Steel 55... 8 Int Mer Marine 6s. 41 Int Paper 6s 47. 7 Int Paper 6s..... Int T & T6%S Kan CP&L 5s A 52. Kan G & El 65 52. . Kelly-Spring 8s.. . Lackawa § 58 60 -| Lacl G ref 5s 34. " |Laclede G 6 %8 52.. lg Liggett & Myers 5 Liggett & Myrs 7s _| Loriilara (P) bs. . Louisv G & E Gs 52 Manati Sug sf 7%s. % | Mid-Con 6%s 40 Midvale Steel 5s... 52 Montana Pow 6s... 10 Y Edison 68 44.. N ¥ Bateon 6%s. NYGELH&P 4 NYGELH&P bs NY Tel 4%s North Am Ed 6s. North Am £d 6%s. Nor Ohio T & L 6s.. % | Nor States Pow 55. . 1 101t 1023 1014 1015 103 24 103 24 107 30 107 27 10827 i:gl High. Low. cmn T4 87% 97% 9% IMWA 82 884 92% 105 106 981 82 90" 107% 100% 101% 103% 102 101% 100% 1084% 43% 100% 100% 101 101% 104 102% 9% 85 874 824 102% 104% 104% Close. Sales. High, Low. Close. 14 106 103% 103% 101% 101 101 107% 107 105 105 105 105 1 104% 104% 8 8 'Plome-,\rmw 8s... Public Service 63 Pub Serv Elec 6s. P ServGas5%s69, PServGasblas 64, Punta Alegre 7s. Remingtn Arms 6s. Rep Iron & Steel 5s. Rog Brown Iron 7s. Sharon Stl H 8s. Sinclair O11 6s. South Bell Tel bs. So Por Rico Sug 7s. Southwest Bell 6s United Drug 6s. .. USRublstrfbs... USSteel sfbs... Utah Pow & Lt b Vertientes Sug 7 Warner Sug 7s 41. West Elec bs. . .... Westn Union 6% Westinghouse 7s. Willys Ov 6%s 33, Wilson & Co 1st 6s. Winchester A 714s. Youngstn S& T 6s. Ann Arbor 45. Atchlson gen 4s. Atlantic C L 1st 4s. At1 & Dan 24 4s 48 B & O Gold 4s B&Ocv4ls. B&O1stbsct B&Oref 5s. 964 7 1027 1 96% 1024 105% 90'% 99% 7% 93% 88% B&O Sw Div 0w ofa, 18 B & O Toledo 4s. Rklyn Manhat 6s. Buff R & Pitt 4348 Canada South 5s. .. Canad North 6%s. . Canad North 7s. . Canad Pac deb 4s. .. Car Clinch & O 6 Cent of Ga 5% Cent of Ga 6« Central Pacific 4s 2 Cent Pac 1st 55 90, . 35 Ches & O cv 4%s. Ches & O gn 48, Ches & O cv bs Chi & Alton 3%s. ChiB & Q 1st rf 58, CR&Q-Tlldivis Chi & E1gn bs. 108% 102% 920 99% 98% 944% 146% 664 Chi Great West 4s.. CM&StP4s 25, CM&StP 4s 25 ofs CM&StPgn4sss. CM&StPev uu. CM&StPgn4ly (“\y&‘hl”rt{’ys CM&StPrilisef 14 16 Chi & Chi& N W ref 5 Chi & Chi Ry: ChiRT ChiT n.o s 5s. Chi Un Sta 4% Chi Union Sta Chi Unjon Sta 5a 44. Chi Union Sta 6 Chi & W Ind cn 48 C&WIG%s 6 CCC & St Lirf 65 Colo & Sou 4%s Cuba R R §s Cuba R R Tts Cuba N R 6s66. Del & Hud 1st rf 4s. Del & Flud cv 5s 35. 122 Den & Rio G cn 4s D & Rio G fmp 5s... D Rio G West 5s. Det United 4%s Erie 1st cons 4s Erfe gen 4s. Erie conv 4s Erie conv 4s B. Frieconv 4s D Fla EC6s 74. Gr Trunk sf db s Grand Trunk 106% 95% 93 0% % | Great North . . Gr North gen Havana Hud & Man ref 63 Hud & Man aj 58 111 Central ref 4 T Cen4s53.. . TN-C-C StL&NO §s. Int Rap Tranbs.... Int Rap Tr bs stpd. Int Rap Tran 6s 2 7 10 Int & G Nor 1st 6s.. Int & G Noraj 6s.. Towa Cent rf 4s Towa Cent 15t 5s. Kan City Ft § 4s Kansas City § 3s Kangas City S § Kan City Term 4s. Lake Shore 45 28. Lake Shore 4s 31 Lehigh Valen 4s. Lehigh Val 55 2003. Louis & N unf 4s. Louis & N §s B. Market St 7s 40 Mil El Ry & L 5: MK&T4sB.. MK & T adj 6s. MK&Tprin SsA. 23 MK&TSsC.. Mo Pacific gen 43 Mo Pac 55 1965. Vo Pac 6549 D. Mo Pac 6s 55 . Mont Trm ref 5s New Or Term 4s NOTex& M inbs.. NOTex&MGsB.. NOT&M5%s N Y Cengen3is N Y Cent 45 98. N Y Cent deb 4s. NYCentri5s..... N YCent LScl3%s NYC& St Ldb 4s. NYChI&StL 51%sA. NYChi&StL5%s B NYC&StLésA.. New Havd4s57... New Hav deb 4s 56. New Haven c d 6s. NY Rys 6365. . N Y State Ry 4%s. . NY W & Bos 4%s. . Nor & S gen 5s 54 Norfolk & W en 4s. Norfolk & W cv 6s. Northern Pac 3s... Northern Pac 4s. . . Northern Pac 5s D. Northern Pacr { 6s Ore 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. Peoria & E Inc 4s Pere Marq 1st 4s 56, PCC&StL5sB75. PorRL&P6s47.. Por RL&P 7%s 46. . Reading gen 4%;s RIArk& L 4%s. St LIM&S 4s 29, 6 St LIM&S R&G 4s. 5 110% 110% 975 9Tny 8% 84y 96% 97 105 105 100% 1004 112% 112% 107% 107% 36X 86% 864 86y 100% 100% 100% 100% 107% 107% 95% 95% %St L&SF pl4s A..282 StL&SFprinfs., 4 StL&SF5%sD., 32 StL&SFadjés St L&SF Inc 6s. 8t LS Wcon ds 8t P & KCShL 4% fou Pacific clt 4s Sou Pacificref 4s... 11 91% Southern Ry gen 45 93 83 < 12 105% 105% 105% . 5108 108 108 | Western Racific bs. FINANC BONDS IS WEAKER High-grade Investment List Firm and in Some Cases Higher. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW' YORK, March 36.— in high-grade domestic investment securities, irregularif in the specu lative descriptions and weakness inj the forelgn list were the features of | the day's market in bonds. Of the three the weakness in the foreign fssucs was the most conspicu- ous. Frea bligatfons suffered the most, but Belg bonds Were also In supply. French 7%4s made a new 1926 low, down nearly a point roa de cline of as much on the previous da Seine 7s were down three-quarters of | a point and the French Cities 6s, sold at the lowest of the movement. Of the Belgian bonds the 6s and the 7'z vielded the most. Poland 8s lost! ground, but other Europeam issues Iy affected. In the South list Montevideo T7s were r. he demand for high-grade inve ment issues was not vigorous enou greatly to advance prices, but it was | impressive nevertheless. United Government bonds were all ste: spectal demand appeared for Paclfic 45, New York Central Louis-San Franclsco prior lien “A | and New York, ( and St. Louis 53w While th held that eventually the bond market | would have a decline consequent upon | ¢ the fall in stocks, the best opinion was that the liquidation in speculative se- | curities would strengthen the demand for prime inv Tl no rec in the second g speculs rails from the fore. Inte adjustments 31s were down today, while the Sea board Air Line issues were fairly steady and Chesapeake and ORio con vertible 5s fluctuated with the stock Local tractions were still heavy.| g0 Railway 5s were fractionally | s mew offerings included | f Chicago 4s, due to yleld from 4.00 to 4.05 per A good deal of new financing is be ing held up pending a completion of the liquidation in the stock market. | WHEAT PRICE GAINS | Airst quarter o AFTER SLIGHT DROP| Favorable Weather News Sends| Price Down, But Buying Brings on Rally. By the Associated Press CHICAGO, widespread and beneficial f new mestics Winter wheat made July and September deliveries take an early downturn in price today, commission house buying of May Jed to a sub- sequent brisk advance for all menths. The buy a rently wa sociated with an_opinien from a thority that nd demand con- ditions for old erop wheat rendered higher prices iin for the May delivery. 1t contended t ! the crop out Opening 30.—Although rain highly crop of dc followed gains all around. Corn and oats were firmer. enced by smaliness of corn rec here, 96 Offerings future deliveries of New York messa Chicago May corn May corn After of vanes, - market here o( s pointed out that nd Buenos Aires 2 the corn scored moderate general | started unchanged to 1 high- to 40's, and continued to | point up 1 In line with vision market values the pro-| S8A & FEDERAL LAND BANK BONDS. (Quoted. by Alex. Brown & Sons, 1:30 p.m.) D 100% SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) FNoon o Adurond, L. & P. . Co. of Amer. Am. Tel. & Tel. Co. 4 ‘Anaconda Copper s Ascociated Oil 6s 193, h: fnlnmh G, Continental, (‘ & Federated Metals 7 Fisher Body Corp. Goodyear T. & Great No orthern il lo‘ru l‘l 5 2% R B bk e b e RERE R F SERRE FE FE W E Uian &1l ot (,-m nign Pac. U. S. Rubber ,-,,, 10, s Wentirn Unien ' 61as Wentinenouse =88 75 10 CALL MONEY FIRM. PEEE FEFEE FEEEEST SESepos: SRSS5%E: NEW YORK, March 30 (®).—Call i money_firm; high, 5 low, & ruling rate, 5; closing bid, 5: offered at 5%; last loan, 5; call loans against acceptances, 4; time loans fir mixed collateral, 60-90 days, 45ad43 4-6 months, 4%a4%; prime mercan- tile paper, 4% Term Asso S L 4s.. Third Ave ref 4s. Third Ave adj 6s... 78 | stockholders IAL. W.B.& A REPORT CARRIES DEFICT: Washington Man on Board.‘ L'ocal Trading Light , Due to Slump. BY EDWARD €. STONE Net income of the Wasbington, timore and Annapolis Electric T road Co. for 1 howed a deficit $13,538.81 yrding 1o report stockholders yesterda meeting, held at Academy Profit and loss surplus al the close the year was $773,080.72. Directors were elected . Bishop, J. J. Doyle Weems Williams, Walter Grah Thomas P. Little J. . Beats and Harry T Assets amount to $17 s follows follo Geore Connolly Investments. $16 nt assets, §1,059 end debits, 5 640.44. As noted torney or the unadjusted in The Littlepage has been road for some time. Loca sed to have an_on the board and sident, to which po: tion he was elected Star vesterday. A Bonds Lead Local T Investment securit ing on the Wa inz es led the shington Sto 102% on one § was just one s session, ires of Mergent 5. Lack of interes sald to be I y ollapse in New York which drew atter e fssues. lend Payable on April 15 president of the S < Co.. notifled the W ington Stock Exchange today th directors T red th lar quarter] per on t : dividend the new avenue, r the > year n..\ been mo: satisfactory Local Boardrooms Crowded. Local he capacity Suppo! |terda point as June. In oth month of Mar vances of th now been wip in May present plans the District B: 1 he moved from Assoviation fo Move Accordir 3 sonic The 1t : its work for the present ve time the present lease als out 1 ut Hvr\ B aeantime there herations association's future he order to make them meet the needs in every way. The chie prob lem has heen to provide a increas < |space for the institute. Other Financial District \ukm Starkey, George L. Na of return to Washi about the mid- dle of April. Fernand F dents of the Trust Co.. wil as general ms Bond and Guaranty ‘hile he will be loc stroet, he will keep in the hank Officials of the Bank are being congratulated this week on the occasion of the thirty sixth anniversary of the founding of the institution. Yesterday t date. The: bank has en. st ady growth during r Tha annual rep Adding Machine Co. i today. a net profit of $5.043 equivalent to $6.90 a share on the 600 - 000 shares of mon-par-value stock, as compared with $4 share in 1924 Mark Warning | _Renewed warni fraudulent one of the vice pres Co. on 4 ted I ose touch with Lincoln Natfo} an bond iss United State the American from Hans special commissioner in this for German government loans. His complaint refers to misrep resentation regarding application of the German revaluation law to paper mark bonds by which these are being sold to American buyers at far be yond their actual value. Mr. Kruger say Certain dealers are offering severa! kinds of German paper mark bonds to the investing public. Their circulars contain misrepresentations as to the value of the bonds. giving the abso Jutely wrons fmpression that they of fer a fair chance, if not the certainty of huge profits. Fewer Railroad Claims Paid. Claims paid in 1925 by the railroads of this country for loss and" dar to freight shipments were the est on record in proportion to amount of freight carried, according to reports just received by. the Amer- jcan Railway Association and made public teday. The total loss and damage bill for the past - amounted fo § 097, a decrease of $9,490,446, or 19. per cent, compared with 1924, and decrease of $57.958279, or 59.9 per cent, compared with 1921. Earnings Up 48 Per Cent. Tteport of the Schulte Retail Stores Corporation for 1925 shows that year to have been the best the company has'ever had, net income, before Fed eral taxes, registering a gain of al most 48 per cent over 1924. Adherence to its policy of payins rertain de have been res Banker Kruger count .-} common dividends in stock and ¢ serving cash has strengthened m: rially its financial condition. Net working capital incrgased 85 per cent during the totaling $6, against $3.585 Of this, vract half was represented by cash, which * Tol Tr L&P 5%s 30. 15 Union Pac 1stds... 7 Union Pac 4s27.... 7 Union Paccvés.... 3 Virginia Ry 1st5s. 6 Va Ry & P bs. . 9 ‘Wabash 1st5s..... 2 ‘Wabash 2d bs . 3 Wabash 6%s75.... ‘West Maryland 4s 101% 101% 981, 98% 1021 10215 100% 100% 100% 2 100% 100% 100%. 14 67 66% 662 4 9T% 0% 974 Wheel & LEcnis.. 1 86 86 86 was at the record high figure $3,319,437, compared with $826,205 at the end of 1924. Net income for 1925 totaled $6.416 931, before Federal taxes, equivalent after preferred dividends to §14.10 a share on ces at no common, compared with $4.341, fore Federal taxes, or §10.57 a share on 375.000 no par common sha in ° 1924! 1 >