Evening Star Newspaper, April 7, 1926, Page 30

FINANC BAD CROP WEATHER SENDS WHEAT HIGHER| Firmness of Liverpool Quotations Another Factor in Strength of Prices in Chicago. CIA 'TOURIST BUSINESS OPENS WITH RUSH s|gmseemg Firms Reaping ... Annual Harvest From Spring Visitors. APRIL 1926, [ovm v BONDS moe] Received by Private Wire Direct to The Star Office. HE EVENING -STAR, "WASHINGTO [ NEW_YORK STOCK EXCHANGE IBONDLIST STRONG INTRADING TODAY {Demand for High- High- grade Is- sues More Vigorous Than for Several Days. BY GEORGE T. lllll-Hl&S 41% | Special Dispatch to The Star NEW YORRK, April 7 /igorous demand for high grade investment issues was the outsitanding feature ot the day in bonds. Evidently the i market was taking cognizance of the increasing ease in money and of the continuing decline in commedi- | ties. i+ The frst mortgage railroad obli- % | gations legal investments for | Ing bauks were most actively bought, i but bonds ranking just below this | grade were strong. Alchison gen- eral 4s, the leader in the legal group, at 9113 nluplnalfld the previous high Lot |I|e v block of Southern { Pacific refunding 4s sold at 92, only 's below the previous high. Baltimore and Ohlo first 4s. Ca- Pacific 4s and New York were all higher; Central ox and Baltimore and Ohio Low. Close. 218 21% 47% 59% Sales. High. Low. Close. 31 96'a 95 964 31 100% 100% 100% 15 89% 89% B89% 7 122% 121% 121% 2 107% 107% 107% 10 103% 103% 108% 43 103 102% 103 T 98% 98% 98% 7 105% 105 106% 1 1085 108% 108% 3 106% 105% 1056% 61 94 93% 94% 2 107% 107% 1074% 17 1057 106% 105% 7 96% 96% 96% 8 99% 99 99% 11 1017 101% 101% 12 106 106% 106 Willys Ov 6148 33 02145 102% 1024 Wilson & Co 1st 6s. 5 100 9973 100 Youngstn S& T 6s. 35 102% 102 102 RAILROAD. Atchison gen 4s.... 87 917 Atlantic CLel 4 T o925 AtlanCL4%s64.. 5 96 Atl & Dan 1st 4548, 2 77 Ati&Dan2d4548.. 1 65% 65% B&O Gold ds. . 36 91% 98, B&Ocv4y 17 96% 9515 96% B&Oret 5, 25 9a% 95% 95% B&O1stbsct 96 103% 103% 103% B&OGs. 17 108 102% 102% B&Orfimp 21 106% 105% 105% B& O PLEWYV 4 13 907% 90% 90% B&O Sw Div 5s cts. 156 100% 100 B & O Toledo 4s. 4w 7T BKlyn Manhat 6s... 67 941% 94% Buff R& Pitt4%s.. 5 89 89 Can Nat 4248 30. 1 983 98% 98% Canad North 83¢s.. 13 117% 117% 117% Canad North 7s. 3 116% 115% 115% Low. Close. | 7734 - 78% | Glidden (2). 102% 104 | Gold Dust. & 12 12 |Goodrich Ru (4). STOCKS IN UPWARD nd «n Pedwu.mn |u- ul% 111% 113 GnnbyConsol. News al { Ajax Rubber. m-: 10% 10% 10% | Grt North pt (5). | Alled ¢ 1 4) . 1 116 114% 116 |Gt Nor Ore (1%) 1 '\mt‘:«n:f". :I;.‘ ‘,‘;f{.; ls‘ £31% 84 |Grt WatnSu (8) ! . 5 Green Canan. .. . | Allis Chal pf (7) 106% 108 10 o cans Amerada Corun. 26 2618 26% SEmmcrbay Am Agrieul Chm 23 28% 22% i tates S (5) Am AzviChpf.. 781 73% T4 Hartman (23). . Am Beel Sugat.. 254 257 23% | Hayes W (3 Am Bosc 2%, 221 22 Hoe & Co A. Am Erake Sh (6) 119 119% 119 Househd (13%4). Am B Shoe Tl 114 114 louston OMl. ... 837, 33 | Hudson Ma Howe Sound (3). Hudson Mot (3) Hupp Mot (1)... Oven. High. 7Tl 8% 1027 104 12 12 Open. High 21% 22 43 57% 102% 35 181 73% UNITED STATES. (S e Sk Low. Clome s, High. Low. Lib3%s.... 60 10030 100 27 100 30 11009 1009 1009 Lib1st 4% 186 10210 1026 1028 Lib 2d 43s. 246 100 80 100 28 100 30 Lib3d4is. 232 1018 1016 1018 Lib 4th 4% s 336 102 20 10217 102 19 U B tNy 3 10017 10017 100 17 US4s1944. 40 10326 103 26 10326 O e iien. Low. Close. B 9T 98% 97% 98% 98% 99 977 98 101% 101% 100% 100% 96% 96% ! sinciate 011 78 8tn Crude Ol 8in Pipe Line bs Skelly OLl 6348, 8o Por Rico Suj South Bell Tel 55 Southwest Bell 5s. Sug Est Orfent 7s., Tenn Blec Pow Toledo Edn 1st 7s. . United Drug USRub 1st rf 5. US Rub7%s USSteelsfbs Utah Pow & Lt 68 Vertientes Sug 7 West Elec by Westinghous. Abitibi Pow (4). \mmx Bxp (6). ice Rumley 48 59% Good Induslnal New Buying Orders Bolster List. By the Associated Pross CHICAGO, April 7.-Helped by firmness of Liverpool quotations and by unfavorable weather conditions for the seeding of Spring wheat in the northwest, wheat prices averaged a little higher today In the early deal- in Indications of good export de- mand for orth American wheat tended also to uphold values Trading here in future deliveries, however, lacked volume and the mar- ket was easily influerced. Chicago opening prices, unchanged to % high- er, May, (new), 1.57% to 1.58%4 and July, 1.357% to 1.36, were followed by something of a sag and then by & moderate fresh upturn. Corn and oats kept within narrow limits, sustained more or less by firm- ness of wheat and by adversed con- ditions for hauling of corn and for|cially for souvenirs, seeding of oats. After opening Un-| Traffic on the street cars has shown - changed to % off. May, 71 to 71%, the 1a decided jump during. the past fes corn market remained near to initial|days. Motormen have sold out ail figures. thelr tokens several times in one dav Oats started at the same as yester-| Unexpected purchases of $10 worth day’s finish to % higher, May, 41% lat a time for touring parties has to 4133 and later showed but littleloften taken their compiate s change. fore they could get to the In iine with hogs and grain, the|load up more. provision market was steady. It is expected that the increase in BY EDWARD C. STONE. Washington’s Summer tourist busi nest has started off with a rush; The Easter crowds have filled prac tically every hotel in the Capltal and the rightseelng managers report a large ° increase n their receipts. They are taking back large numbers of men alwaya laid off during the Winter sea son and are expecting record traffc " on the busses during the next faw weels. Railroad station and tourist camp arrivals show an unmistakable upward -« trend and the retail stores are enjov ing a better demand for goods, espe Argentine §s Oct 39 57 Argentine 6s A Argentine s B. . Argentine 7s. Australian 6 Austria 7s Bank of Chile Bank of Japan Belzium 6s. Belglum 6148 Relgium 7s. Belefum 7% Brazil Ti4s. Belejum 8. Bern 85 Bolivia 8, Bordeaux 6s. Rrazi] 7 Brasfl 8 Canada 58 1931, Canada 5w 1952 Canada §%s 1929 Chile 78 1943 Chile 81941, Chile 85 1946 Chinese Gov R Christiania 6s Con Pow fapan 7s. BY STUAR' WES Special Dispatch 10 The S W YORK. April the tendency of the market today showed Inclination to settle down inio limits. Even the most active s moved within a range of little more than half a point. This was true of T'nited States Steel, of General Motors nd of Hudson Motor. The market put a bullish construc- tion upon the terms of the Standard Gas and Electric offer to holders of Philadelphia Company and ited Railways Investment. Philadelphia Company stock ran up sharply. The way it figures ont was that these stocks, along with Pittsburgh Utili- lies preferred, were worth more than they had been selling for Steel shaves were sold on the mid week reports, which emphasized the drift toward the reduction in prices. Steel common sold above 123 dur the early hours, then gradually sag’ ged. There was no pressure, but there Continuing ous days. the il more of an ! vow | Am Can pf (1) I Am Car&Fdy (8) [AMC&Fpf( Tlinots Cen (7). | Am Chain A (2) | indepoil (1)... . 1 Am Chicle. . 40 | Indtan Moter () | Am Chiete cirs. Indfan Refining Am Drus Inzersoll R (3). Am Exnress (6) | Inspiration (2).. Am & For Mow Interurh Rap Tr Ain & Fo P pf(7) “nlrnmxl ubber Am Hide & L pt | internat Agri Am lea (i10 1 InAe Cprpfc7). Am Internatl '?7'-: Int Bus Ma (3). 13% | int Cement (4) Ir Cement pf(7) nt Com Eng 2). Int Harveser (6) IniAich pfe3.20) int Mer Marine nt Mer Mar pf. Int Nickel (2). Int Pape IntTel & Tel (8). 430 44% 434 1247 124% 124% 98 981 9T 4 1234 1% 928, 96 77 9% 92% 108 108% 104% 104% 106% 107 107 107% 9% 99 83 824 91 924 101% 101% 101% 101% 104% 104% 10214 102% 1001 101 107% 107% 108 108 a3l 3% 100 100 4 91 91 60% 91% Am Loco (8) Am Metals (4) Am Safety R (2 Am Ship & Con. 11% Am Si & Ref(7) 119% 120 AmS&Rpf (7). 113 118 Am Snoff (12). .. 141 141 Am St] Fdys (3). 42t 42 118 13 1393 42 was plenty of stock for sale at current | figures. Hudson and Manhattan ran up over > points following a remarkable up- turn in the bonds. Always when these Am Sugar (5) . Am Sugar pf (7) Am Sumatra Am Tel & Tel(9) Am Tobacco (8) . 4 6975 6 102 19 1461 1264 114% 114% Jones Bros 3 fordon Mot (3). . Kan City South. . Kan C So pf (4).. 146 114% the first time. zeneral 4s touched the former record at 84, Attention ~ was Southern attracted by the Cuba 5%s. 3| Czecho 7158 rets. Czecho 8s 1951, Czecho 8= 1952 ct. 4 102% 102% U 97% 101% 1014 100% 100% Canad Pac deb4s... 27 82% 8214 82% Car Clinch& O 5s.. 10 101% 101% 101% Car Clinch & O 6 7 108Y% 1081 108% Cent of Ga 5%s. Cent of Ga 6s. 2103 103 103 May (new) .. Mav {(old). 4 104'% 103% 104% [ ULy COR. Close. 187% 7 58 1315 WHEAT— High. | Low business will be reflected in the bank. clearings for tha month. While tk big commercial accounts are the mai factor in check clearings, vet ist business is alw strength in all the Hudson and Man- | hattan issues. The refunding 58 changed hands in large volume at 95 and above. and the income bonds advanced a point. In some quarters this buying is atiributed to some spe- ‘ial development, but more generally t was regarded as recognition of in- vestment merit. Missour-Pacific 6s were in demand around their best previous prices. Most local tractions were strong, | notably Third Avenue adjustment {and New York Railway 6s. The In- terborough s lagged. Among speculative Seaboard adjust- ments and Missouri-Kansas-Texas ad justments did better. The feature in the foreign group was the animated buying of Brazil which had moved so irregularly Tuesday. The low coupon rate Bel- glan bonds improved mioderately. In- vestment buying advanced Australian 110% 110% vs felt. It was esti securities get their buying waves the 110% 110 story of Penmsylvania purchasing is revived, Greater New York tractions, | which had started forward in the Jast hour Tuesday, were in demand for a time, among them Brooklyn- Manhattan Transit and Interborough Rapld Transit. The discussion of bus franchises and of how the established companies will fare is the principal incentive back of the buying. CLOSING Dani<h Munic 8« 4 Danfsh Munic 88 B. Denmark 6s. ... DET5%aMch5e. . D In#the Nov b3 Dutch East T 6s 47 Dntch Fast I 6s 62. 2] Halvldor LWL Am Tobac B (8) Am Wa Wo c1.20 Am Woolen. . Am Wool pf (1) Am Writ Pactfs Am Zine pf. Anaconda (%) Armour 111 A (2) Armour 111 (B) Armour Tl pf(7) Asso Dry G(2%) Atchison (7). Atchison pf (5 Al Birm & At Atl Coast L (19) At Gulf & WT Atlantic Refing. Auto Kritter. Baldwin L (). | Balto & ooy Balto & Oh pf(4), Pang & Ar (3).. Barnet Leathe 118% 1187, 112% 50 49% a8 32% 80 80 2 2% 31 31 440, 43% 22% 22 1104 K9y B9'% 48% 42% um 120 1284 Central Pacific 4n Cent Pac 1st Ches & O cv 4 Ches & O 7n 4148, ChiB&Qgndshs. ChiB&Qistrtss 901 901 | May 17 90 3 100% | OATS 49 100% 100 11 98% 98% 9K% G 94% 9% 94% | 3A 4 92% 98Y% | September 9 1047 104% 104% | RYE— Chi & E T gn s & 75% 5% 75% |V ChiGreat West 4s.. 73 664 66 66 | Seplember CM&PugetSdd4s.. 1 47 47 47 CM&StP4s25... 2 484 48 484 CM&StPdebd4scis. 1 47% 47T% 47 CM&StPgnis 5 82% £2% 8274 CM&StPgn4l%s. 15 92 92 92 CM&StPreliscf14 5 48 48 48 CM&SP cv 5s ofs 14 4T 4TH C & NW cen 86'% 86'2 Chi& NW 6145 12% 112% Ch1 & N W 7s. 1 107% 107% 107'% Chi Rysbs.. e ivs 72 | F ChRI&Prf4s . 26 83t R9% 894 ChiTH&SEGbs... 2 87 %7 87 Chi Un Sta 414 5 9514 Chi Un'on Sta 5= 44 mated that the National Edncational Association members left $750,000 dur. 2 1ng their stay in the Capital one week Today’s Trading on Exchange. Trading on the Washington Stock Exchange today showed comparative ly few changes from yesterday. Capi tal Traction gained a quarier of a : point. It opened on a 10-share lot sale . at 106, and advanced on « P 10 106%. The most activ the board was Washington Gas Lis which opened at 69 and rose to 591, . on five more transactions involving 4% shares of the stock Potomae FElectric Power preferrad recorded 10612 on one sale. and Poto t mac Electric Power preferred interim .. certifieates brought 105%. Ten more - shares of Continental Trust Co. stock changed hands at par. Fifty shares - of National Mortgage and Investmen: preferred sold at 8. while Lanston Kelsey Wh (6).. Nennecott (4). Rresge $5(1.20). Lee Tire & Rub. . Lehigh Val(3%). Leh&Fink tf(3) Life Sav (1.60).. Liggett & M (14) Lig& My B (14). Lima Loco (4 Loews Inc 3) . WiLote...... Long Bell A (1). Loose-Wiles. . Lorillard(s) . Loulsiana Ol ... Louls & Nsh (6). Ludlum ¢2) McCrory (35.60). M'CroryB(15.60). Mack Trucks (6) . 52% R : | m'm 1024 | 103% 103% 104 104 106t 1064 87% 87% 95 95% a1 a1 891 B9l a7 9TH 100t 100% 8T 87% 101% 101% a6, 9% o1 974 851 85% aT% 974 95 95 944 RB7 941 891, 908, 9013 HARDWARE OUTLOOK. Trade Considered Encouraging and Some Advances Are Expected. YORK, April 7.—In its weekly hardware market Ssummary dware Age will say tomorrow: he outlook in the hardware busi- ness for the second quarter of the vear may be considered encouraging. Prices generally are very firm. Some important lines may advance. Staple Pramerican 7% French 7% French 7% s French .. German I P “Q! . IS TRREGULAR. e 9 19715 194% 39%, 38t 106 106 105% % 1% 1% 10434 104% 101% 87% 88% &7 6816 _ 68U _ 681 _ 390, T 89% T 80 50 50 60 ]| 195 Profit - Taking _ Continues Through | o Final Dealings on Exchange. NEW YORK. April 7 (#).—The clos ing was irregular. Profit-taking con- tinued through the final dealings as buying power began to show signs of exhaustion. Indications of scattered Ger Gen Elec Ts Greek 7s.... Hait! 8 Hungary 6% Ttaly 7« Tk “4 “6t4 Tapanesa o short selling also were present, with United States Steel, Baldwin, Mack Truck, Dupont, Chesapeake and Ohio and North American forced 1 to 2 points below last night's closing prices. Some support, however, was roused for the American and Adams Kxpress issues, International Paper and United States Rubber. Sales ap- proximated 1,250,000 shares. Markets at a Glance NEW YORK, (#).—Stocks—Irregu- lar; Philadelphia Co. leads rise in utilities. Bonds—Firm; rafls and ntilities advdnce. Foreign exchanges Steady; Belgian francs rally. Cot- ion—Higher; _unfavorable weather. Sugar—Lower; weak spot market. offee—Firm: commission house buy- ing. CHICAGO. — Wheat — Steady de- creasing stocks. Corn—Firm; con- inued unfavorable weather. Cattle— Steady. Hogs—Firm and active. Barnsdall A (2). Barnsdall B (2). Belding Bros(3). Bethlehem Steel. Beth Stl pf (7) Beth Stl pf (8) Briggs Mfg (3).. Bkin Edison (8). Bkin-Mn Tr (4).. Bk-Man T pf(6). Bkin Un G(111). Brunswick Balk. Brunswick Ter. . Burns Bro (10).. 129% 130 Burns Br B (2).. 33% 38% Bush Terde (7). 86% 86% ButteCop (600). 6% 6% Bultshsupor(!). 12% 127% Byer & Co. 29 29 Calif Pkg (18)... 132 182% Calif Petrol (2).. 83% 33% Callghan Zine. .. 1% 1 Calumt&A(t414) B84 58! Calume&H(13%). 14% 14k Can Pacifio (10).. 156% 156% Case Threshing.. 79% 80% Case Thr pf (7).. 100% 102 Cent Leather.... 18% 18% Cent Leather nf. 50% 50% Cen Ry NJ($12). 260 260 274 T4 243 24 34 34 4215 42% 100% 100% 115% 115% 29% 297 138'% 138% 62y 68% 80 80 73% 8% 26% 26% DAIRY PRODUCTS. BALTIMORE, April 7 (Special).— Young chickens, pound, 28a40; Springers, 48a35: Winter chickens, 45ab0: old hens, 28a33; leghorns, 28a30; roosters, 20; capons, 40a45: ducks, 27a 36: pigeons, pair, 40; guinea fowls, each, 35a85. 1iggs—Receints, 569 cases; native and nearby firsts, fresh, dozen, fered, 29a29% duck eggs, 35. Butter—Good to fancy creamery, pound, 40a43; prints, 43ad5; ladles, 36a38; store packed, 33a34; prints, 35a36; process butter, rolls, 34a35. dalr; 39a40; BUTTER IS LOWER. CHICAGO, April 7 (®).—Butter— ; recelpts, 4936 tubs: creamery s, 39%: standards, 391%; extra 3813a39; firsts, 3715a38; seconds, Eggs—Lower; receipts, 25,823 cases; firsts, 28a28%; ordinary firsts, 27; storage packed extras, 30%; stor- age firats, 293, POTATO MARKET STEONG CHICAGO, April 7 (#).—Potatoes-- Pemand and trading limited account advanced prices; market strong: re- ceipts, 99 cars: total United States shipments, 538 cars, 26 Canadian; Wisconsin sacked round whites, ask ing 5.00a5.15; no sales; Minnesota sacked round whites few sales, 4.65a 4.75; Tdaho sacked lllsqe( 50035.)5. DRY GOODS QUIET. Special Diepatch to The Star. NEW YORK, April 7.—Cotton goods ‘markets were quiet today, with prices generally 'lnchflnsed Print cloths were quoted at 7% for 64-60s and 8% for 68-72s. Raw silks were steady, but moved slowl DIVIDENDS riod Uis Chambers.... AT E A 532233 2 May 20 Apr 15 2 Chle Cop (2%) Chino Copper. Chrysler Corp(3) Chrysler pfA(8) Cluett Peab (5).. Coca Cola (7). . Col Fuel & Iron. . Colo Sou 1st (4). Col G & E (2.60). o] Col Carbon (4). ! Com Cred (2) Com Solv B. Congoleum-N Consol Cigar. . .. Con Cigars pf(7) Consol Distribut. Consol Gas (5).. Consol Textil Cont Can (16) Cont Mot (80¢) Corn Prod (2) Crucible Stl ( Crucible pf (7) Cuba Cane Sugar Century Rib (2 Y Cerre De P (4) 33 63 Certain-Teed ( 42% 424 Chand-Clepf(4). 385 36% 12?% 123% Ches & Oh (112). Chi &Alton. . Chi & Alton pf. Chi & East Il Chi & East Il pf. Chi Great West. . T | Chi Gr West pf Of [Chi M1 & St P... Chi Mil & StP pf. CMIl&StP pf cf! Chi & Nwn (4). Y | Chi & Nw pt (7). Chi Pneu T (5). 10% 10% 16% 16% 16% 164 69%: 692 120% 120% . 100% 100% 447% 45% 8415 B4k 97% 97% 53% 53% 32% 82% 20 20 43% 43% 34% 35 102 102 643, 64% 145 146 801 30% 6615 66% 76% 76% 12 112 631 64 Christie B (1.20) 1G & Epf (7). b2% 53% Cuba Cane Su pf. CubaCo (4)..... Cuban Am S (2). Cuban Domin Guban Dom pf . ahy Pkg (7). Cushman’s (8)... Cuyamel Fr (4) Davison Chem... i | el & Hud (9)... Del L & Wn (7). DRG Wstpf.... 30% 381 160 160 um l"% 8 Detroit Ed (8). Devoe&Ra(2.40). Dodge Bros Cl'A. Dodge pf (7). Dome Mines (2). Dupont (1 Dupont deb (6) Dugquesne pf (7). Eaton Axle (2).. Eisenlohr & Br Bl Auto L(16% Electric Boat Elec Powr & Lt.. EP&L DS 40% (1) Elec P & L pf (7). Elec Sto Bat(i8). 1024% 102'% 114 114 26% 29 4 0 | Bk Horn.. e Q A Avr 19' 'nvuon of tlsh or | ‘l‘ share in class A stock OERMAK BONDS AND STOCKS. | (Quoted in dollars pver mtllmn marks ) sked o Gt (g In) Be 191418 lumml Rt Hamburg 4 'as 1919, 70.00 185, (Quoted in dolla: or Gen Elec 4 Der lho\hnnd mar) Line 41 joyd 4 Lovd s o ;‘"F"’v'. 4n pre-var. adische Antin .. A (Ger G Bleci - ommers ahd Privat Ba Dirconto Gellschatt Dresdn 13 e5den Chemical A £ {Gen ‘Biec . Rerliner - Handels RUBBER PRICf DBOPS Epecial Dispatch to The Star. W YORK. Aprili7.—Crude rub- | Frst Nat S(13%). Elk Horn pf Knd John () Y 1156% 116'% 6% 27 3 384 33 34% 11945 119% 119 119 31% 767 19 100 Famous Pl (8). Famous pf (§). FedLight(*1.40) Fed Min pf (7). Fifth Ave (§4c). Frst NP 1st19.44 19 100 345 Fisher Body (3). 90% Fisk Rubber. Fisk 18t f ev(7 FiskR1stpfs(7). Fleischman(2). . Koundation (8) Fox Flim A (4).. Freeport-Texas. Gabriel Sn(13% ) Gen Am Tnk 3. Gen Gen -nh pr ). Gen Cigars (4).. Gen Eiec (c8)... Gen Elec sp(80c) Gen Gas A(el%3) Gen Mot (112)... 121 104!, HM% 63 34% 16 6 lo-"i 101 2 50 50% 311 81l% 1% 11% 38% 38% 121% Tb2% B2% 98 kT 18t (7) Macy H R & Co. Magma Cop (8)... Mallison & Co. .. Man El Sup(4%) Man El gtd (d5). Man Shirt (1%). Mantla Elec (2).. Maracaibo Oil. . . Market 8t prior. . Marland O1l (4. Marlin Rock Martin-Parry (2 Mathieson (4)... May Dept St (5). Maytag (2)..... Mexican Seabd Miami Cop (1) .. Mld-Continent. .. Middle States Mid States Ofl ct. Midland pf($10). Miller R ctfs(2). Min St P& 8SM. M St P & 8SM pf. w T Mis Kan & Tex.. 100% 102 |MOK & T pe(8). 127 121 | Missour! Pacific. 50 50% | Missourd Zac pf. 260 260 | Montana Pow(5) 13% | Montgém Ward. . 62% 62% | Moon Mot (3).. 4i% 41% | Mothr Lode(The)’ 35 351 | Mo Plcture(11). 121% 12114 | Motor Met(3.60) . 7% 7% | Motor Whl 2). 10% | Murray Body 82% | Nash Motors. ... 391% | Nat Biscuit (14). 9% | Nat Cash Reg(3) 20% | Nat Cloak & Suit. 1011 | Nat Datry (3) 16% | Nat Dpt Store: 15% 15% |Nat D St 1st (7). 68% 68% | Nat Distillers 120% 120% | Nat Enamel & 94% 97% | Nat Lead (8). 44% 44% | Nat Pw&Lt (40 £4% 84'3|Nat Ry Mex 2d. 97% 97% | Nat Supply (3). 53% b53% |Nat Tea (4).. 32% 20 43% 43% |[NY Air Br A (4). 3454 | NY Canners(c2). 101'/. 101% | NY Central (7). 648, 64% NYC & StL(H11). 143 143% [ NYC&StL pf (6). 29% 29% [NY NH & Hart. 66% 66% | NY On & West. 74% 75 |NY & Lack (7) 12 112 |2 63% 64 32 32 136% I35% 16% 16% 2413 34 a2 100% 100% 116% 115% 24 29% 13! 138 624 G!‘i 80 non 26% _2 38% 33% 86% 86% 5 5 12% 12% 29 29 l!fil. 129% l% l"- 68% B8 14% 144 186 166 10 16% 20 |NY Afr Brake(2) 90 3 |0t Well Sup (2). 921 | Omnibus. e 14 | Orpheum Cir(z) . 7614 | Otis Elevator(6). 11% | Otis Steel. . 3945 | Otis Steel pt 70% | Outlet Co (13%). 98 |Owens Bot (t4). 9% | pacific Coast. 42% | Pac O11 (3). 44% | packard Mot (2). 2§ Paige Mot(1.80). 2 |Pan-Am () Pan-Am B (6) Pan-AmWnB(2). Park & Tilford. 169 1z% Penn-Seab Steel. Peoples Gas (8). Pere Marq (18).. Phila Co (4).. Prillips Pet (3) Plerce-Arrow. . ,ozy. Plerce-Arrow pf. 114 26% *Ptts FtWay (7). PittUt pf(11.20). PitU pf ct nt1.20, PittsUpf n(1.20). Pitts & W Va ( Postum (4.40). Prod & Refiners. . PubSer NJ (5).. | Pub Serv pf (6). Pub S NI pf (7). Pub S NJ pf (8). PubS E&G pf (6) Pullman Co (8). Pure Ol (12)... Radio Corp of A. Radio Cpf (3%). RS 11Cefs (4). Rwy Stl Spr (4). Ray Cons Cop. Reading (4)... Reading 1st (2). Reading 2d (2) .. Reid Ice Cm (3) Remington Typ Replogle Steel. .. Rep Iron & Steel. Rep 1&Spf (7). 116% 115% 26% 26% 3% 3Th 33 B2% 117'4‘113!- Lw 7 19 100 10! 621% 2315 344 43 60% 103% 0 305 11% 3814 120% s Robt Rels & Co. Royal D(a1.339). 61% StL & SanFr (7). StL&SanF pf(6). St L Southwest. . Savage Arms (4) Schulte (§8)..... 120% | Seaboard Air L. 114 |Seabd Air L pf.. 30% | Seagrave (1.20).. 1 82y, | Nevado Cop (1).. Rey Tobac B (4). 31% | 6% 20, 403 { 215 644 | 5 | 85% 22 H 5s fractionally. Among the ne | shortly will be $1. first Jersey Power maturing 1949, EXTRA DIVIDEND. NEW YORK. Borden NEW YORK profits of the 2 a share on the no-par compared with $, 1924 on the stock outstanding that Surplus after year. $607,341, against | before. has declared an extra div- idend of 25 cents a share and the reg. ular quarterly of $1, June 1 to stock uf record May YELLOW CAB PROFIT Chicago Simmons(12.35). Simms Pet (1). Sinclalr Ofl. . Sinelafr pt (8). Skelly Oll (2) Sloss Sheff (6) . Sou Dalrles A(4) Sou Dalries B. .. South Port S (6). South Pac (6)... Southern Ry (7). South Ry pf (5). Spicer Mfg. . |8td Gas & Ei (3). |Std G & El pf(4). Std Mill (5). Std Ol Calif (’) StdOIINJ (1). Std Of1 NJ pf(7). Std Plate Glass Sterling Pro (4 Stewart War (6). Symington A(2). Tenn Copper (1). ‘Texas Co (3).... Tex Gulf 8 (10). Tex & Pacific. ... ‘ex & Pac C & O | Thwe Fair (2.40). . Third Avenue ide Water(133). | Tide W Oil pt Timken (t4). Tobac Prod ( ‘Tob Prod A (7) ‘Transcont O11 5% |Un Bag & Paper. 1% 63% 12% 84 407% 41 51% 99% 10% b1% 93 93% 11 51% 854 Un Carbide (6) ‘UnoOfl (2) Un Pacific ( Un Pacific pf(4) . Un Tank Car(5). Ucd Al Stl (50¢) . Utd Cigar 8 (c2). United Drug (8). Utd Fruit (112). Utd Ry Invest... Utd Ry Inves pf. USCIP&F(10). U S Distributing. U S Hoffman (3). U S Ind Aleohol. . U S Realty (4).. u U Universal Pip Univ Pipe pf ( Vanadium (2).. ‘Vick Chemical. . Va-CarCh(n)w 1 Va-CarCh 6% pf Va-CarCh 7% pf Va-Carg Chem.. Va-Car Chetfs. . Vivaudou. .. Viva pf new (7). Wabash ‘Wabash pf A (5) Ward Baking B Ward Bak pf (7). Warner Bros Weber (4). W Penn El A (7) West P Po pf (6) West Maryland. . ‘West Md 2d pf . West Pacific. West Pac pf (6)1 West Union (8). West AB(17%). Westinghse (4). ‘Weston Elec. Weston A (2) Wheel & L Brie. White Eagle (2). ‘White Mot (4). . White Mot (rts) . White Rock (2). ‘Wickwire ctfs. Willys-Overland. ‘Willys Od pf(7) .. WoolwthFW(i5) lSl Worthn Pump. Wrig Wm(t4). Yel T&C (75¢) . Youngstown (4). are the annual latest auarterl of hl}% 26% 8% Dividend rates as given hall B Roted. edtra or speclal divy Tananese 6168 Torcens 1T M 68 47 Arareaille i Mexleo 4510 asntd. Mantevidia 7s offerings expected 000 Eastern New mortgage 5las Nord 6158, .. Norway 516 Norway 6= 1943 Norway 6 1944 Norway 68 19 Orjent Dev deb 68 Parfe-Tv-Med 6s. .. Paris-Lv Med 7s. . r‘\fle nr'q-n!‘l April 7 (®).—The both payable 15. April 7 (®).-—Net Yellow Cab 07,498, equal to value 001 in Poland 8s. . Porto Alecre 83 Prague 7% Queensland 6s. Queensland 7s Rio de Jan 85 1948 Rio de Jan 8s 47 Rfo Gr Do Sul 8. iSao Paulo City 8= a0 Paulo 85 1936 Sao Paulo 1950. . Saxon (P W) Sélne 7u 42 B Serbs Crot Slo 82 Solssons 6s. dividends was $628,910 the year 301 3014 1% 111 Utd Kingm 548 29. Utd Kingm 5148 37. Utd Steam Copen 6s Zurich 8s. Am Aeri Chem Ti:s Am Chain 6s Am Repub deb Am Smit& R Am Smit & R 6s Am Sugar ref 6s. AmT & Tdeb5lss. Am Water Wks 58 Am Writinz Pap 6s. ‘Anaconda 1st 6s... Anaconda cv db 7s. Andes Cop Ts rets. Armour&Co 4= rf Assoclated Otl 8s. . Barnsdall 6sctfs. . Bell Tel Pa 68 B. Bell Tel Pa5s C Beth Steel pm &s. Beth Steel rf 5s. Beth Steel 518 53. . Bethlehem Steel 6s. Brier H St 1st 545 Bklyn Ed gen 5s. Bklyn Union 5%s Calit Pete 6%48. . Cen Leath 6s 45 cfs Chile Copper 63 32.. Commonwith P 6s. Con Gas N Y %8 Consumers Pow 5. uba Cane cv 7s. Cuba Cane cv 8s. Denver Gas §s. Det Edison s 40. Det Tidison ref 6s. Dodxe w 1 68 Donner Steel 7s. ... DqulPGKIO! . Duquesne Light 8s. ‘Est Cuba Sug 7%: Empire G & F THs. Fisk Rubber 8s.. Goodrich 8%, Goodyea Goodyear 58 lsu Hershey 5%8. . . Humble O & R6%8 Tliinols Bell 1st 65. Tilinots Steel 4%s... Indiana Steel 5s. Int Mer Marine 6 95 | Int Paper Gs 47 1% | Int Paper 65. 1% | Int T & T 6%s. 3% 40 821 144% 1% 89 100 | Kelly-S; rlsn‘: !;‘ 39 lede s 72:: 'i:‘.';m G & EGs62. 331 | Manati Sug sf 7%s. 93 |M1d-Con 8%s 40.... 14 |Midvale Steel 5 5714 | Montana Pow 6. . 90 lor’lhcolltl%l' 96 | Nat Tube 1st 58 New Eng Tel 88 18 N Y Edison 6%s. 3 INYTe e .m Peoples Ga: % 95% | phjla Co %8 38. - 152% | pnia Co ref 63 4. 25% 5% |pnila&RAC . l’lore.—Arrow #,. 28 |PublicService éa. 2% 72% | pyp Serv Blec In‘nu above tavle | P Serv 8‘:22.“ Serv Ga . early er&l‘m gunuAl-lr Rep lron & St- 16! 25 . 10 100% 28% { Ran CP&L 53 A 53. - 10715 1074 | Netherlands 6s 54. 1 74 1007 1007 R8 88Y% 6% 6% 44 o8% 1044% mw. 110% 110% 993 99% 100 100 101 101 102% 103 104% 104% 10214 102'% 954 95% 87 87 90% 905 8215 82 1028, 102! 1041 1044 103% 103% 1151 1154% 118% 118% 14 104% 1045 10415 04 94 94 104% 1067 10674 118% MISCELLANEOUS. 1041 1044 100% 100% 994 99% 100% 101 4 108% 108% 103 1034 0T8% 973 1024 1028 100% 100% « 104% 104% 7 104% o Armour Del 51s. .. 21 4 |New Or Termds... 1 129% 129% 104 104 100% 100' 1074% 107% 103 103 106 106 100% 100% 93 93 98 984 947% 947 102% 102% 107% 107% 9% 947, 94 94 105 106% 106% 106% 106 106 102 102 118% 113% 105% 105% 110 110% 121 121 100%° 100% 102 102% 102% 102% 95 95 108% 103% 86% 874% % 92 97% 98 110% 110% 101% 101% 22 1 % 102% 102% 9% 9% % 101% 101% 87 87 102% 102% 102% 102% 136% 115% 98% 984 108% 108% 110% 111 108% 103% 100% 10010 100 104% 106 100% 100% 104% 104% 101% 102 107% 107% 106 106 105% 1064 IM _106% 98% HOK 110% 10 105% 3 106% 1 834 84 103% 1037 102% 1085 1 107% 1024 1034 3 106' 106 108" 13 9% 98% 98 9614 9Ly 964 92 o . 96% 96% 5 93 92y, 93 B I1% 111% 111% /7% o7 641 76% 664 0 70 077 1071 10714 115 115 9 100% 100% 100% 1047 10485 Mm% 1% 847, e Chi& W Inden 4s. . CCC& StLrf ‘Term 5= Cleve Term 515s. . C&S1stis29. Colo & Sou 414 Cuba R Rbs... Cuba N R 65 66. Del & Hud 1st rf 45 Del & Hud cv 5s 35 Den & Rio G ends. . D& Rio G imp 5s. D Rio G West 58 Frrie 1st cons 4s. Frrie zen 4s. . Frie conv 4s A Frie convds B ™a B CRe T4, Grand Trunk Ts Great North 6. Havana FRLED 50 Hud & Man raf 5a. Hnd & Manaj 5s. . 111 Central 5, s IC.C SIT&NO 5a Tnt Rap Tran §e. .. nt Rap Tr 5e stpd. Tnt Rap Tran 6s. Int Rap Tran 7s Tnt & G Nor 1st fs.. Tnt & G Noraj 6s.. 4% LY 7RG T9% 103 10% 10144 10114 6914 68% 4107 12 1010 90% 2 104'5 1044 104y 7 &1 674 a5 96 86 R0y 951 asy 107'5 107% 1074 1065 108'5 106% 2 63% 63 98y 98y 94 4948 RI% 887, 98% 9815 RE 8514 26 87 o8 WKan City Term 4s Tehieh Valen 4 Tiouis & N unf 4s. L& N 41452003, TLouls & N 5s B. Tonis & Nash 57 Lotis & N Man Ry 1 Market St s 40. i1 El Ry & 1. 5s. M St P& SSMen ds MStP&SSMAe3setd SEAT lat is. AT 4SB. l?&'rmj 5. MR & T pe In 58 AL 995, 6o gas, | MK&T6sC 11102% 10215 1021 | MaPaclfic rends.. 27 67 6% 667 0 Pac 55 1965 4G o4 9414 0 Pac 6s49D..... 28 105% 104% 1054 Mo Pac 6255 B, - 27105 104% 105 Mont Trmref5s41. 3 & 967 967 Nassan ERy 4s57.. 9 60% 60 60 BE& 85% R5Y 8 100% 100' 100% NOT&MS%S. .. 106 105 104% 1047 NV Cengen3iss.. 16 791 i N ¥ Cent 4= 98 . N YCentrt N Y Cent deb 6s. Y Cent LS ¢l 3% s l NYChi&StL 6% sA. 19 lo!u 101% NYChi&StL5%sB 19 101% 100% NYC&StLésA 103 New Havd 4s57... 60 New Haven cd 6s. 984 NY Rys 6s65..... 28% N Y State Ry 4149, . 56 2 81 92 84 NOTex&M5¢B.. 101% 1014 103 Norfolk & W en 4. Northern Pac 3s. Northern Pac /8 Northern Pac 4 100% 100% Northern Pacr i 6 46 111% 111 OreShort Lrfs4s. 33 87% 97% Ore Wash 1st rf ds. 85% Pennsyl gen 413s. h 974 Pennsyl gen bs..... 14 105% 105% 93 100% 100% Pennsyl bs 64. Pennsyl 6% s. 62 112% 112% 47108 107% Pennsyl gold 7: Peoria & E inc 4 20 36% 35% Pere Marq 1st 4s 2 867 8674 Pere Marq1st5s... 4 103 102y PCC&StLEsB75. 3 101 100% Por RL&P 7%s 48 2 107% 1076, hardware items have been selling consistently. In view of the present light demand for strictly seasonal goods. distributors in important mar- ket centers predict a brisk fillin or pick-up demand in April and May. This particular demand will come with the first consistent stretch of seasonal weather, these distributors say. ABMOUB. LEATHER REPORT. NEW YORK, April 7 (#).—Armour Leather Co.. reports consolidated net profit of §1.486,149 for the year ended January 2. 1326, equal to $14.86 a | hare on the $10,000,000 preferred. in ntrast to $30,010 the vear before or 50 cents a share on the m'e{erred Profit and loss deficit was $7.5: agalnst $9.377430 in the previous vear. No dividends have been paid u the preferred since March, 1921 PARIS PRICES IRREGULAR. 5, April 7 (#).—Prices moved on the Bourse today cent rentes, 47 francs 85 Exchange on London, 1.39 francs 40 centimes. Five per cent francs 70 centimes. The dol- lar was quoted at 28 francs 62 cen- 1y Three per centimes. LIVE STOCK TBADE DROPS. Special Dispatch to The Star. BALTIMORE, April 7.—More de creases in the receipt and shipment of live stock during March, as com pared with the corresponding month of last year, are noted in the month- 1y report of the Union Stockyard Co. Sheep and calves proved the only exception to the general declines shown, while the heaviest decreases were shown in recelpts and ship- ments of hogs. DIVIDEND IS RAISED. NEW YORK. Aprii 7 (®).—Di- rectors of the American Light and Traction Co.. a holding company for several Middle Western and Southern public_utilities, yesterday raised the annual dividend of the common stock from $7 to $8 andw declared in addition an extra dividend of $2 on that issue. PLAN WOOL MARKETING. SALT LAKE CITY, April 7 (#).— Final arrangements were made today for co-operative marketing of wool from Utah through the Utah Wool Marketing Association, a subsidiary of the Utah State wool growers’' or- ganization, when negotiations were closed with the Federal Intermediate Credit Bank to permit growers of the State to obtain advances of from 17 to 20 cents a pound at 6 per cent in- terest. The association will look toward primary wool markets of the Atlantic seaboard. FOREIGN EXCHANGE. «Quotations furnished by W. B. Hibbs & Co. Dominal Selling checks und . f\'&':fl‘li'?l > dollar. 0390 2381 Monotype opened at 8173 and went to 82, both sales being smail Tn the bond division Capital Trac tion 5s opened at par and then ro 1001 and then to 1001 on block. Potoma ectric Power gen - eral and refunding 7s registered 106 7% on two tramsactions. Sanitary Bond Bids to Be Opened The Washington Suburban Sanitar District Commission will open bids late this afternoon at the comr sion's offices in the Evans Bufld 1420 New York avenue, on a $500 000 bond issue. The proceeds from sale are to be used to extend wi mains and sewer systems in the te ritory surrounding the city, whic! comes under the jurisdiction of t commission. The bonds are by law exempt taxation in Maryland and same exemption from States income taxes and as any State or mun This issue already has heen i by the Public Service Commissio Maryland, as required by $68.000,000 Reported Unclaimed According to recent repots United States Treasury is holdinz $6 000,000 in unclaimed funds. The Trea ury has $50,000.000 with which make payments on overdue coupon< It also has more than eighteen mi lion dollars with which to pay for se curities, which have become due and no longer bear interest. but which ir vestors have failed to cash. Bankers and investment suggest that holders of any curities, which are no longer interest and which should be turned into cash at once, would do well to have them looked over by experts ar by doing so avoid further losses. the same time the bankers will m; any collections that may be desire: Bank Officials Filickated. Officials of the Security Commercial Bank were gratulations tod: the bank’s thirteenth annive The institution began busine: April 13, 1913. The board of directo recently recommended an increase capital stock from $200.000 to $300,0 and also added five new directors making the board now number i5. The bank is under the direction of the following officers: Julius I. Pe ser, president; Fred McKee and Francis G. Addison, jr., vice pi dents; Samuel _Balsler, cashier Latrobe ‘Owen and J. Louis Shipley assistant cashiers. Office Boys Buy Phone Stock. Four messenger boys employed by the Chesapeake and Potomac Tele. phone Co. in this city are getting an early start toward independence by buying American Telephone and Tele graph stock which the company selis to employes on the installment plan The youngsters showing such thrift and business sagacity are Alvin Jones, Thure Booberg. Francis Burger and Frank Littlefield. One of the lads seys he is buying the stock “because it pays good dividends and is a safe and sound investment.” Another Is putting his first increase in pay into it; while a third says he is putting his money into it in order not to waste it on things that might be of far less value. But read what the other Wash. ington youngster has to say: “I realized that it was to my ad- vantage to invest my money in com fr Reading gen 438, Reading J C 4s 5 Rio G W 1st 4s TRio G West cl 4s RIArk & L 4%3. % _97 91% 917 §o% S0 sox 9614 96 o7 100 1024 mzv: 18 94 o3y 9 Siw 861 Sem 16 102% 102% 1025 StLS Wcon 4333, St P& KCShL 4%... Seaboard A L 4s'sta Seab A Lad) 6 Seab A L con 6 Seab All Fla 6 Sou Pac 4s29. Sou Pacific ref 4 Southern Ry l'-n 4s131 83% Sou Ry con b 6 106% IOSK msn Sou Ry 6s 56 2 108% 108% 1084 Southern Ry 6% 7 114 114 114 Sou Ry Mo & O 4 81 ‘fhird Ave ref 4 Third Ave adj 6s Tol Tr L&P 5%s 30« 25 Union Pao 1st 48 z 18 /7% Union Pac 18t rf 4s. _ 99%_ 99%_ 99 37108 "107%7108, 2 108 103 105~ 15 101% 101% 101% 77 101% 100% 101% Wabash 5%875... 20 102 101% 101% West Maryland 4s.. 12 68% 68% 68 Western Pacific 55. 16 98% 9814 98% West Shore 1st 4. 5 84% 84% 84% Wheel& LEcn4s.. 5 8 86 86 Wisconsin Cent (8. ¢ 82} 82% &2% i 3%s Doc. “,“33 uoooxg %l 020640 O erown . Stockholm. erown . NEW YORK, April 7 (®).—Foreign exchanges firm. Quotations (in cents): Great Britain, demand, 4857%; cables, 486 5-16; 60-day Dbills on banks, 48115-16. France, demand. 3.48; cables, 3.4835. TItaly, demand, 4.02; cables, 4.02%. Demand: Belgium, 3.90%: Germany, 28.79; Holland, 40.09: Norway, 21.45; Denmark. 26.16; Switz- Spain, 14.14; Greece, 3 d, 12.50: Czechoslovakia, 2.96; Jugoslavia, 1.76; Austria, 14; Ru- mania, .41%: Argentina, 39,621 Brazil, 13.80; Tokio, 46.18%: Shanghai, 12; Montreal, 99.93%. —_— TREASURY CERTIFICATES. (Quotations furnished by Mmfind & Co.) foon.——— 1.1 g’:w o1 le June Te m x-fi ggl lln:h " 101 43 Jarengts, 01 “m %| PEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sons, 1:30 p.m. ) pany stock, and I found out that by paying 75 cents a week I could buy up one share of stock in three vears. 1 would be getting 7 per cent on my money whereas banks give only 8. Seventy-five cents a week is such a small amount to pay that I hardly notice its disappearance. 1 wish I could buy more.” Lower Auto Prices Seen. The recent sharp break in automo- bile security prices has naturally tended to arouse apprehension in re gard to the prospects of the automo. bile companies this r. There is apparently some justification in ex pecting that motor companies will make a less favorable showing in the last half of 1926 than in the last . according to the Alex ander Hamilton Institute’s Busin Review. Automobile prices are gen erally lower than a year ago and the probability is that fewer automobiles will be sold this year than last. There is small prospect that aute mobile prices will be marked up this year. It is more likely that more price cuts will be announced if further economies can be managed. Competi tion will continue severe notwithstand- ing the fact that only half as many nger automobile companies a:e in the fleld now as in 1922, when the weaker concerns began to be. forced out of business. Although there are fewer automo- bile companies, the total producing capacity is the highest on record. The DProa; | present annual capacity is estimated at over 6,000,000 cars. The record 1925 demand was equal to only two-thirds of capacity. Southerw Dairies Sales Gain. Southern Dairies, Inc., reports sales ’ . a standard grade, was quotedhm s b o neon today at 56 cents a pound. This | GenRySig(14%)- Seneca Copper. H g guul : rompares with 58 cents vesterday.|Gimbel Bros..... 50% 50% | Shattuck F G(2). e e s {prar | Sihoiatr Of1 ##ly cents & month ago and 42 cents |Gimbel Br pf (7). 107 107 mw. 106% | Shedl Un (1.49).. in Mnck vavable 1% % auarteriy. & Year ago. St . l P 69 | Sears-Rn (2%). "“““d{“" bor |Saks & Co of $1.964,472 for the first three months of the present year, as compared with $1.323.018 for the corresponding period of 1925, a gain of §641,454. USSR L) NEW YORK, April 7 UP).—Bar sil. xor, 66%:-Mexican dollars, 49%. 5 107% 107% 107% 30 107% 107% 107% 8 90 89% 89% A