Evening Star Newspaper, April 9, 1926, Page 30

FINANCIAL. TOCKS GOLOWER, TEELDOWNTO 120 Motors Sell Off—Rails Are! Generally Strong. Others Mixed. | Abitibi Pow (4). | Adams Exp (8). i Ad Rumley pf(3 Ahumada (11) | Ajax Rubber Ala & Vicks (6). | Allied Chem (4) } Alifed Cm opf (7). L Anischaim (6), Amerada Corpn | Am Agricul Chm Advance Rumley Oven. Hizh 6% T6% 106 12 ) 61 8% 101 1161 0 83% 26 2214 107 12 51 8% Afr Reductn(+5) 111% 112% 110% 111% [ Hupp Mot (1)... 10% 108's 1082 108's 108’ 17 120 THE NEW YORK STOCK EXCHANGE low. Close. 76 76% 'Helm Geo (16%;). 106 107 | Houston OIl. 12 12 |Hudson Man 2 51 51 st 8% Hudson Mot (3). e o10m | 100 10% [ 11itnots Cen (1) ¢ | indep O11 (1) 116% 116% [ 1najan Motcr (2). 120 120 {injand St (2%). 837 83 inspiration (2 26 S | interurh Rap Tr. 22 | tutcontl Rub(1). Hud Man pf (5) . . Oven. Hich il e 21 . 117% 3 21 39% EVENING Received by Private Wire Direct to The Star Office Low. Close. 71 k3 21% lmc 21 39% Tls 21% 118% {BOND PRICES REACH: - NEW HIGH RECORDS 'Buymg Movement Gathers i Momentum—Market Is Stronger Today. STAR, WASHINGTON, D. C, FRIDAY;, APRIL 9. 1926. [ v BONDS o rceme]| Raeceived by Private Wire Direct to The Star Offica. UNITED STATES. ‘;! Allllfll.lonl']| 2 e, Low. Lib3is. "1008 Lib 1st 41358 Lib2d 415 Lib3d 41, 16 10212 1027 Slone. 29 100 81 100 29 100 2 10212 68 100 29 100 28 100 29 .. 30 1016 1018 1019 Lib 4th 41,3 149 102 22 102 18 102 22 USd4s1944. US4yssz. FOREIGN. Sales. High. 88 87% 12 103 2 9103 26 108 29 1 107 29 107 29 10729 Low. Close. 87% ' Sales. High. Low. Close. .13 10 97 Tenn Elec Pow 6 ‘Toledo Edn 15t 7s. ., United Drug 3 USRublstr U S Rub7%s USSteel s 1 5s Utah Pow & Lt Car Chem 7 Vertientes Sug 7a, . Warner Sug 75 39. . Warner Sug 7s 41. . West Elec os. . 9445 106 105 106 108% 108 1054% 105% 105% 106% 108 4% 107% 107% 107% 106% lflBl. 'GRAIN TRADING SLOW; FINANCIAL. i FLUCTUATION SLIGHT Whent Shows Early Stnntflki Eases Off, and Then Stages | Small Recovery. By the Associated Press. CHICAGO, April 9. —Wheat values displayed early firmness today on the Board of Trade, largely because of induced by the MORTGAGE FIRM ORGANIZED HERE 6E. L. Schmidt Heads Board ., of New City and Suburban Company. scattered buying strength shown in Liverpool. The market was quiet, however, and on reports of more favorable weather conditions Southwest, the market eased off, the general disposition of the trade being to go slow on either side at present. Country offerings to r,a:rivl (mere small. After open‘il;g*n to & higher, March (new) 1. 2| Maryland and Virgini: 160 and July 137%a137%, thel Ty teL ATd Virgtnla o market underwent a sMght setback|rectors is E. 1 Schmidt, who is_now and then recovered somewhat. president of the rict Title, Law Corn and oats took their cue from|vers' Title and Washington Title In wheat. starting at the same as yes-|surance companies and of the Title """ terday’s finish to 'y up, May, 73 cents;land Investment Co. of Maryland. A '*'" corn underwent a slight general de-[sociated with him are Eugens A *'* cline all around. Smith, president; William . Shannon. "% Oats started unchanged to % high-|John 'C. Walker, John W. Brawner ' er, May 421,a42%, and held near to|and Norman . Brown, vice presi the initial range. Provisions were|dents: J. (uriis Walker. ftreasarar firm in line with higher values for|Ernest L. Smith, assistant treasure: hogs and grain. and James Y. Pennebaker, secretars s THEAT— Besides the chairman, the board of M:; (new) directors includes Robert L. Bains, F. tay : C. Brandenburg, John W. Brawner "Nm\hfl Norman C. Brown, Clarence F. Dono kL hoe, E. C. Graham, J. Philip Herr <~° . mann, George P. Hoover, Claude Lis Septemper ingston, James Y. Pennebaker, E. I. M OATS— Schmidt, William L. Shannon. H. € July Sheridan, E. S. Smith, jr.. Eugens A Seprember Smith, J. Curtis Walker, John © E— Walker and W. L. Radcliffe. ‘The new company is capitalized a $2,000,000. Of this amount $1,400.000 2 — In proferred stack to be sold at §10 a share and the other $600.000 in com > GRAIN AND PRODUCE. mon stock to be marketed at $25 per BALTIMORE, April 9 (Special).— | Sa Potatoes, white, 100 pound: asparagus, dozen, 2.00a4. bushel, 3.00a4.00: bage. 5a2.50; sweet DO‘RIOQ‘! .75: yams, barrel, 9814 98% 98 98% 99 99% 981 98% 101% 98l 100% 97t 85 92 9% Jubs. Argentine 65 Oct 59 Argentine 6s A . Argentine 6s B Argentine 7 Australfan gy, Austry, Am Agri Ch pf Am Bank Am Bosch Am Brake 8 T0% 6% 2le BY EDWARD C. STONE. Organization of the City and Subur ban Mortgage Co., with headquarters *~° at 914 Fifteenth street northwest, was » announced today, the new flrm plan ning to deal in the financing of firs: and second trust mortgages and shor:- 4t term building Joans in the District of . Columbia and surrounding territory in fi;," | Int Bus Ma (3).. 11y | It Cement (4).. * | Int Com Eng (2). 117 | Int Harveser (§) {Inter Har pf (7). nt Mer Mar pf intMteh pfo( Int Nickel ¢ BY STUART P. W Special Dispatch 1o The Sta NEW YORK. April market closed today W price changes. Sales of down again. showing a furthe siding of public interest. Even ine N pe professionals were rvetreating v i ‘ the market because they could see nw: Aris 2 It r\l))cel“[:f\\ml profit in it either way. Railway equip . 1L Ry Cent Am. ment shares were in demand an nL By GADHEN e e e e Intertype (11%). the last half hour TonAg B s, . With Umited States Steel bredking ordon Mot (3).. 4l's through recent re: ance pol The \-nc"’ South. 400 independent steels gave way b : There was very poor supnort for e g g |l|lxhli--§:n;';>lhf.nf Beth! Kot W 10 1041 Sloss-Shefttield or ennecott (4). . A 02 and for Crucible 2 selling in these st P 32 | | RY GEORGE T. HUGHES. | Special Dispateh to Ths Star 1zoe| NEW YORK. April 9.—In the 491, | Strongest market of the vear to date, 58 |bonds {oday established numerous 34% | New 1926 high records. The buying 497, | Wan in larger blocks than at any pre. % | vious time since the current upswing 2 began ! interest was centered almost en. llBh‘inoI in invesrment .ssues, but not | necessarily those of the h'ghest grade {One of the mos' siriking advances *was in Louis 2an #rancisco prior *llien “A" 4, whick at SI made a ae high record. This is not a legal in vesiment for savings ianks. but Is entirely sound and illustrates the kind 101 (of a bond in demand. In the same 52 |fashion the advance ‘n Commonwealth l'fi;!rf Australia s (o a new high, above 98, was characterlstic of the dav's|Chile 8s 194¢ Rt dealings. Here the aiiracgion was a|Chinese Gov Ry Sl Sl 4| return of hetier than 5 per cent. un | Con Pow Japan 7a e v ol | questionably secure Copenhagar e i . ke & | “Gains were made in a large variety | Cracho 75 s rete, " e AMEL 124 | of Issues. including Canadian Pacific | Crecho 851951 ... R i e 57w {15, New York. Chicago and St. Louis | Czecho 85 1953 ot ek 5'as. Balifmore wnd Ohio Southwest-|p o0 Lot Cansas City. Terminal 4s, B, | DAms! tunic 81 4. 2 toorsiviiee oledo. Cincinnati 4s. Kansas | palparkes. ... 48l 4BY 4T Tiorillard(s) . Southern 5s and Kansas City, o {"k:hfl 10214 nrm 10215 102% |1+ Scott and Memphis 4s. EInGtin Nov 53, 29% 30% high grade utilities were | DUtch East I6s47. 6% 79 4| stronger, but in most instances did [ DUtCh East 1 6s 62, T % not reach new highs. Bonds of a |k Salvador 8a'4y 30 381 slightly lower grade than those al- F."‘""d’“!h 43% 43% ready mentioned moved up sympa- | Linland 7s. 100 100 | thetically. In this class were inelud- | Eramerican 7y ed such issues as the Erie junior obli. | French 7s gatlons and Norfolk Southern refund. | ing bs. St Louls-San Francisco ad- 19t | justment 6s were up at one time over 70% a point, and there were large trans- 474 actions in Missouri Pacifie general 4s, tractionally_higher. German s were a feature in the forelgn group, selling at 102 The provincial and municipal onds were firm. The balance of the eign list did little he leader of the domestic specula tive bonds was International Mercan. l1ile Marine 6s. Hudson and Manhat tan incomes were In good demand 1 above 80. but other tractions sagged. {Union Oil of California 5s, series “C." RAILROAD. Atchison gen4s... 75 921 Atlantic C L cl 4s. . 984 Atlantic C L 1st 43. Atlan C L 4148 64. AUl & Dan 1st 45 43. 8. -The stock with irregular stocks were 264 65 1% 118 224 22 157 Belgium 734 Belgium 85 Bolivia 8, w side | B&O1stbsct. B&O 6 B&Orfimp 6 B& O PLEWYV 4s. B&O Sw Div bs cfs. B & O Toledo 45 Bklyn Manhat 6s. . Buff R & Pitt 4145, Canada South 5s. .. Can Nat 415 30 Al 4078 Brazil 8y Canada 5s 1931, gun-d- 531962, ... ‘Anada 51581929 Chle 7s 1943 Chile 85 1926 Chile 85 1941 Am lee 40! Am Intarnatl 103% 98% 117% 115 84 102% 1081 104% The ke was not. large |y buving that | | Am Ship & Com Ani Sm & Ref. Am Sti Fy pf Kresge SS(1 46 3 but it was the lack s counted Hudson again, Chry Motors after off again Jordan Motor ciosed on T 1 4. Mack after it had gone up son =siart White Motors w work lower. Fisher more than a point Tn the railway division the stoc which might be concerned in another merger in the Middle Wesi were gen erally strong. The Erles were actively hought for a time and Chesapeake and Ohio was consplcuous. Pere Mar quette was up over a point. Atlantic “oast Line went down over 2 points, then rallied. Reading at one time was off a pomnt. New York Central not inclined to do much either Pittsburgh and West Virginia e somewhat lower. | Atl Coant L (19) Short. covering in American Wooien | Ay Gulf & Wi.. 378 87% 88% . B6% | carried the common above 30 after It | ytiantic Refing.. 10614 109 105% 109 had sold Thursday at 29%: - Alled ! 4tias Tack 10w 10% 104 10% Chemical was variable, American Can | guto Knitter . 1 1 1 isposed to do better, Founda L 3 o ¢ were | e 1) - 105% 102 104%% tion and General Efeciric were g:{?::‘o’h!:-s\ 23: B et little changed. There was a brisk de- " Cati iscuir, | Galto & Oh pf(4). 68% 8% 68 68% nand for a time for Nationa! Biscuit, | Ba1to & O pEI). G210 % o0 which carried the stock up over. 3 : points. Texas Gulf Sulphur was ozre -2"-3 uk Cigar.. .. :: ;2 r::v. :fi ed down. Considerable activity Kept 4 on in International Combustion and | Bethishem Steel. (0% e 132"’.! Fingineering generally at higher | BothStDE (7). 1004 1788 100h 1508 e © |Botany A (4). 3¢ 34 34 84 284 284 284 284 Briggs Mg (3).. 1 Bkin Edison (8). 137% 137% 137 137 61% 63 61% 62 Bkin-Mn Tr (4).. Brown Shoe (2).. 3 35 36 36 Brunswick Balk. 26! 264 26% 264 Brunswick Ter. . 9% 9% 854 86 Bur Add Ma (3). 5 6 Butte&Super(2). 126 12% |30t N (2) Caltt Pk (18 126 128 |Murray Body Calif Petrol (2 33 33% | Nash Motors. ... 1% 1% at Acme (sta). . Calluhan Zine. Calume&H (1. 14'3 14% | Nat Biscuit (+4). at Blsou pf (7). Can Pacific (10). owing | TR (T e - | Directors of PennOhio Securities ent Leather A€ CloakDf (1>, | Corporation declared an inftial quarter- { Cent Leather pt. at Dalry (8)... ly dividend of $1.50 & share on the com Cerre De P (4)... Nat Distillers. | pany's recently created issue of pre- Certain-Teed ¢ Nat Toanics) .. ferred siock, pasable April 15 to stock Nat Pw&Lt(400) | of recora Ap Chana-Cleve. Chand-Cle DfH) Nat Supply (4). evado Cop (1) .. Ches & Oh (112). Y Alr Br A (4). Ches&O pf (8% 1 Cht & Alton. NY Canners(c2). 3 § Chi & Alton pf... NY Central (7) 284 | Cht & East Tii pf. NYC & StL(t11). NYC&StL pf (6). k 45 45 5 1 118 0% 11 1181 118% 117% 118 LT T T 67'; 681. 67 684 1MW 1% 114 1% 14412 144 144% Canad Pac deb 4s. . Car Clinch & O §s. . Car Clinch & O 6s. Centof Ga 518, Centof Ga6s...... entral Pacific 4s. Cent Pac 1st 5s 90, Ches & O cv 4% Ches& O gn 4%s Ches & O ev b ChiB&Qegnds5s. ChiB & Q 1st rf 58. Chi& EIgnébs.. Chi Great West 4s. CM&StP4as25. CM&StP4s25cts CM&StPdb4s. . CM&SPevei;s22cts CM&StPgn4ls CM&SLPrf415s.. CM&StPritssef 14 CM&StPevss CM&StPEs...... C&NW een 4. Chi& Chi & N'W Ts Chi Rys 55 ChiRT& Pgnds.. CRIRT& Prfas ChiTH.&S E 5 Motor was freely offered ! sler went lower General railying a fraction, sok which had ! sold beiow 1114 1034 1025 1024 8 'p Fars(3) ™ nelined .:.( e Was, (0TS A W 18t | Am Woolen. Am Wool pf (7 Am 7 | Aw Zine pf 5 Anaconda (3) | Arch-Dan pf (7) 1 arDel pf (i) Armour T A (2» Artloom (3) Asso Dry G2 ) Atchison (7).... | Atchison pt (5) |\‘>ll1\ May De aak Luh b July " September . 90% Ludlum :a) MelIntyre P (1).. Mack Trucks (8) Mack T 18t (7). Macy HR & Co. . Magma Cop (3). Mallison & Co. .. Man El Sup(4%) Man El gtd (45) . Maracatho Ofl. .. Market St prior Market St 2d pf. . Marland Of1 (4). Martin-Parry(2) Mathleson (4)... May Dept 8t (5). MetroG pf(1.89). Mexican Seabd. . Miamt Cop (1) Mid-Continent | Middle States. Midland pf(+10). Miller R ctfs(2). M St P& SSM pf. 364 25 110 110 91 38 19% 70 5% 36'% 26 1 43% 100 953 22% 41% 100 Local Exchange Quiet Today. Trading on the Washington Stack = Exchange was unusually quiet todas Washington Gas issues taking the sz carrots, | lead: There were three tranesctions ~ n ‘ashington Gas 6s at 102, while 30 b “‘:,‘;’.':’,"“ S soun ;| shares of Washington Gas Light stock » « cucumbers, crate. 4.00a10.00: eggplant, | SNan8ed hands in three sales at 10. 3.0024.00; kale, barrel. 1.40a200, let.| 1-Anston Monotype was out at 82 in tiice, - HUAKAE. 150001805 rlony, two 10-share-lot sales, and one sale of - potndn. 2083605 oyater slanta 10 shares of Capital Traction stock 3.00a5.00: parsnips. basket, 30850; t0: | tvom cooteran s ooy O fractionalls » toar crore” 3a0ason apinan i | "o, SeReTdty S clowt rel. T5al.30: radishes. basket, 2.00a ot 3.00: turnips, basker. 30a40. Tands o Qi€ saiv &t 108 x pples, barrel. 2.00a5.00: bushel, T5a Many Delegates Nominated. grapefruit. hox. 3.00a5.00: or-| At a meeting last evening of the In hox. 4.00a3 strawberries, | cal chapter, American Institute of 35a50. @ ' | Banking, a long list of members was ~ e { nominated to attend the nation Selling Prices at Noon. i vention to be held in Dallas. Tex.. in Wheat—No. 2 red Winter. domestic, | July. From the following list 28 are no quotations: No. 2 red Winter, gar. | to be chosen as delegates at a meeting ticky, 1.61. on April 22 n—Cob, new R. Jesse Chaney, s chapter: T. Hunton Leith and Joseph «}* 3 T. Yerkes, vice presidents. C. F.'? Schatz. First National Bank, Mount Rainfer. Md.. H. H. Darneills, C Louis Eckloff. W. G. Winstead and a- Miss S. W. Burwell. National Metro ; « politan Bank: Raymond L. Lochte Joshua Evans, jr. William Brad:. s Miss Mary Craven and W. E. Koontz District National Bank: J. T. Fletch all, F'otomac Savings Bank; John Da s darco and Elmer O'Hara. Seventh Street Savings Bank: J. L. Coplan, De partmental Bank: F. E. Yilek. Munse Trust Co.; J. M. Van Hoosen and Vie s tor B. Devber. Second National 5 D. E. Wisecarver, D. Sroufe Catherine Krieg. H. T. Bisselle. Garnett and George M. Irelan National: W. L. Sanderson, Miss Lois A. White and Donald Cameron. ed eral-Ameriean Natlonal Bank: . Van Doren and J. F. B. Goldne Commercial National; J. M. Ma Miss Mabel Royce. Mise Rose Ro. N. E. Towson and Eliot H. Thomson Washington Loan & Trust Co. W. Sherman, Frank M. Perie Savage, James C. Duli A Mildred Woodcock and Pollock, American Security and Trust Co.. W. W. Spaid and A. E. Henze. W.'B. Hibbs & Co.. W. E. Bolls, Waah ington-Mechanics Savings; Harold W Burnside, Farmers and Mechanics National: Francis G. Addison, jr.. Se curity Savings and Commercial Bank E. J. McQuade Liberty Nationa! James A. Soper. Lincoln National; 1. ** 96's 95'% 22% 22% s 52w 62 B2% Aln Alh 41t 4% 126% 126% 126% 126% 9T 9% 9T 9TU 1 1% 1% 1% 1967 1967 19415 194%% rrel. 2.00 Agr Bank 7y Ger Gen Elec 7 Haitios. ., Holland Amer 6155 Italy 7s Japanes: anese 64n. Jergens U M 6 47. Lyon 6x i Marseilie 6s. Mexico 45 04 asntd Mexico 45 10 asntd Montevidio 7s. . etherlands 65 54. herlands 65 72. . way 5lgs Norway 6s 1943 Norway 65 1944 .. Paris-Ly-Med 6 Paris-Ly Med Parfs Orleans 7s Peru Ti4s. . Peru 8s Poland Poland 8= Prague 7 Queensiand 6 Rio de Jan 8s 47. a0 Paulo 85 1936 Sao Paulo 1950 Saxon (P W) 7 | Sefne 75 42. .. { Serbs Crot o 8« | Sweden 51gnct. ... {Swiss 5145 1946. . Swiss Confed 8s. .. Toklo 5s. | Utd Kingm 518 29. | Dtd Kingm 5%s 37 Uruxul! | Zurich 83 way. was 18 22% 9% 17 30 15 17 371% 6813 26 65 changed or Chi Unlon Sta fs Chil'nion Sta fe 44 Chi Unibn Sta 615 8. Chi & W Inden 4 TEWIS5186%. .. CCCRStL6s... CCC&StLrf8sA. Cleve Term 5« C&SIstas?. ... Co'o & Sou 414w, . Cuba R M Se “uba RR 71 ~uba N T 6= 66 Nen & Rio G cn 4¢ D& Rio G imp 58 N Rio G West 5a_. Frie 15t cons 4s. Erfe zen ds. .. Frleconv4s A. . Erie conv 4sB.. Frieconv4sD.. PlaECS5S T4 .. .. GrTrimk sf ah 6. . Grand Trunk 7s freat North “r North een 7a. .. Green R & W db B Hud & Man ref 5a. . Hud & Man af 5a. Tl Central ref 4s.. T Central 51« Tnt Rap Tran 5e. . {*nt Rap Tr 5 s1pa. Tnt Ran Tran s Tnt Ran Tran 7 ™meaG Tst fe. . nt & G Nor at an City FL S 4s Kansas Clty € Ransas Clity 8 §s Kan City Term 4s.. Lake Shore 4528 .. Lake Shore 4= 31... Lehich Valen 4s. . Toule & N Louis & Louis & Man Ry 1st 9. . Market St 7s 40. Ml El1 Ry & L 5 M St P& SSMecen L7 anges quart. 314! New offerings included $2.000.000 | United Fuel and Supply 10'vesr 6 ;:L”}\;“T*p}'“;‘ gg: per cent notes to \md 6.12 per cent Missour! Pacific. 3 L. 20% 1 Missour! Zao pf. Montana Pow (5) H Montgom Ward.. 63 { Mothr Lode(75c) Mo Plcture(1%). Motor Met(3.60) . 5 103% 9814 9nt spot, 3.75a3.80 per president of the as to delivery; domestic. vel- | 2. new. 82 per bushel: ex- 803, asked: No. 3. 78%. bushels No. 2 mixed, at 80 561 bushels No. 3 mixed. bushel. 2, 52 asked: No. 3, new, DIVIDEN: DS RESUMED. NEW YORK, April § ) —Directors of Republic Railway and Light Com- pany vesterday resumed dividend pay- ments on the preferred stock, with a quarterly disbursement of ¢ per cent payable April 15 to stock of record April 12. The last previous payment on the preferred was in April 1920, after which dividends were suspended owing to approaching heavy bond ma- Markets at a Glance No. 152 per_bushel: at 1714 per Oats—No. 51 NEW YORK (#).—Stocks steady; et railway equipment issues advance. Bonds firm: rail bonds lead upturn. Foreign exchanges mixed; French and RBelgian francs react. Cotton steady; rains southwest, Sugar barely steady; trade selling. Coffee easier: poor spot Aemand. 2 HICAGO.—Wheat lower: expecta- tion bearish Government report. C'orn easy; predictions better weather. Cattle firm. Hogs higher COVERED BY. INSURANCE. NEW YORK. April 9 (Special).—The Union Oil Co. tank farm, at San Luts Obispo, Calif., is well protected by in- surance against fire loss, according to information flashed to. Wall Street to- day. Following is a telegram received here today quoting R. D. Mathews. controller of the Unlon Oil Company, as authority for the statement that insurance protection is ample. ‘Mathews of Union Oil says that at tank farm atSan Luis Obispo 6 out of 19 tanks on fire; also 2 reservoirs at Stewart. struck by lightning this morning, and that they are covered by $7.000,000 insurance, which is consid- ered ample. In other words. loss is merely large qusmh\' of ot ! 86 124 127 128 334 338 1% 1% 14 14% 124 Rve—Nearby. new, 85a80; No. 3 rye. spot. no quotations Hav—Receipts 68 tons Better grades of timothy. light clover, mixed. and choice clover hay have been mov- ing out fairly well the past few days, and there is no oversunply of good bay on the market. Medium and low grade hay is in ampie supply. Poor hav is hard to move at any price. Quotations. per ton. today: No. i 3.50a24.00: No. 3 timothy. 1 light clover mixed. No. 2 light clover mixed. No. 1 clover mixed, 23.00: 23.00a23.50; No. 2 clover, 1027 2! 1034 115% 6814 118% 1047 108 . 106% 1067% 4b% 4Bk 45T 4Th 2 624 6214 B1% 61% 4% 4l 41 41T 167 15% 16% 16% 34 34 34 305 . 1244 128 . PARIS PRICES IRREGULAR. PARIS, April 9 (®).—Prices moved MISCELLANEOUS. irregularly on the Bourse today. Three | Ajax Rubber 8s.... 1 103% ° per cent rents, 48 francs S0 centimes. | Am Agr Chem 5s 1 103% Exchange on London. 141 francs 60 {Am Agri Chem 7158 13 104's K]venlimen, Five per cent loan, 57 |Am Chainés. 5 100's france 15 centimes. The dollar was |Am Repub deb 7 90y A7e; | auoted at 29 francs 11 centimes Am Smit& R 1st5s 21 101 3 o Am Smit& R 6s. 1 108'% Pt FOREIGN EXCHANGE. Am Sugar ref 65... 12 103% e AmT&Tcltris.. 13 97% 1114 | ‘Quotations furnished by W. B. Hinhe & Co.) [AMT & T 81 5 66 100% i Nominal Sellive checks | Am T & T deb 5i4n. 24 1084 Ny tol,fl"“'& u 13 Am Water Wks 5s. 174 3359 .. |Am Writing Pap 6« 2914 Anaconda 1st 6s Anaconda cv db Andes Cop 7 ret, Armour&Co 4168 Armour Del 53 s Associated O1l $s. Atlantic Refin bs. s Barnsdall es otrs. . VIStP&SSMis3setd Bell Tel Pa 58 B. 2 303 MK & T 1st 48 Bell Tel Pa 53 C. G " 16 88 | Reth Steel pm 53 3 96 . 9 e \lK&T\“"nSlA Beth Steel rf 63 MK & Tprin s h Steel 5148 Vo Pac 55 1965 Bethlehem Steel 6s. \:o Pac 6s 49 D Brier H St 1st 5138 d Bkiyn Ed gen 5s. ... MoPac#sSSE. ... Bklyn Union 51s. . ont Trm ref bs 41. Bush T Bldg 55 60. . Nassau E Ry 48 57 New Or Term 4n i {Cen Leatn 6s 45 cfs N G Ter & M 1nEr. Chile Copper 68 32. NGTE s s - Col Gas & EI 55 sta. NOT&MS5Ls. Commonwith P 6s. Y Gty Con Coal Md 1t & Nx Cant dahie *'|ConGasN Y 5% NYCentriss.. . Consumers Pow 5s. N Contasbes .. Cuba Canecv 7s.... NTCMIEStL 6% 4A Cuban Am Sug 8s. . NYCRI&SIL 51ga B 1 DeGVSE Gay Sk New Hav deb 43 56. Det Edison s 40 New Havd 45 57. Det Edison ret 6 N T o s e Dodge wiss NY Rys 62 65 Donner Steel 7s. NYState Ry 4143, DugL & P 5% 4% ¥ W& Bogdlin . Duguesne Light &s. Ni e g ey, 4 3 orthern Pac 3s E::pc:::’&sa:ll‘r?ri:'{. Northern Pac 4s. Fisk Rubber 8s. Goodrich 6%s3. . Goodyear 85 1931. Goodyear 58 1941. Hershey 548. Humble O & R 9 19'. 20 10 i s Chi Great Wes: Chi Gr West p’.. {ChiMn&stP... 10 ChiMil& StPp?. 154 CMIl&StPetfs. 9% CMII&SIP pfets. 15k Chi& Nwn (4)... 68% ChiPneuT (5).. 97 Chi R1& Pac. L5 R RI&PDL(8). gRllet(!)v 8N . S IR Childs (12.40)... 53 631 B3 631 |OMOIONT. . ChileCop (213).. 32/s 824 3821 321 (OFP Chino Copper. ... 20% 20% 20% 20% Christie B (1.20) 424 44 42% &4 ryslerCorp(3) 33% 34 33% 33% Chrysler pfA(8). 101% 101% 100 100 Coca Cola (7).... 143 144 142 144 Col Fuel & Iron.. 29% 20% 204 20% ColG&E (2.80). T4% 74% 73% 7T4% Col Carbon (4)... 66 65% 641 64% Com Cred (3).... 31% 31w 3l% 314% Com Solv B 127% 130% 1274 130% Congoleum-N 16% 16 16% i Consol Cigar. ... Consol Distribut. Consol Gas (8) Coneol Textil Cont Can (16) Cont Mot (80c).. Corn Prod (2). Crex Carpet (4). Cructble St (5).. Cuba Cane Sugar Cuba Cane Su pf. Cuba Co (4)..... Cuban Am 8 (2). Cuban Domin. ... Cuban Dom pf . Cudahy Pkg . Cushman’s (8).. Cuyamel Fr (4).. 1 wheat X 13.00a14.00; No. 14.00214.50 ”‘f 2 oat, L. & N. SHOWING GOOD. NEW YORK. April 9 (#.—The ex celleng showing made by the Lnuis\'me and ashville Railroad in 192 in which it added $16.600.000 to surplus bringing that item to $59.144.000. has aroused interest in Wall Street. Cash on hand increased $10.000.000 to $24.- 800,000 The road earned abont $16 a share exclusive of its equity - plus earnings of s.,m?,‘.‘,‘;. oads, | W. M. Roberts, Central Savings Bank compared with $12.07 a share in 1924, | T. S. Mollon, jr., Woodridge-Langdon nearly three times its annual dividend | Bank: Ellsworth Moyer. Franklin Na o 2 S e ahue tional: W. C. Vernon, Merchants’ Bank s e s ST and Trust Co.: R. T. Highfleld, Mount PHELPS-DODGE LOSS SMALLER Vernon Savings Bank. Most Banks Favor New Park. NEW YORK., April 9 (#).—Phelps- Dodge Corporation and subsidiaries, Robert N. Harper gave a luncheon at the Willard this noon to the mem opper mining. report net loss of §1.|bers of the committee which is ad 153.681 for 1925 against net loss of $3.937.997 the vear before. ancing the interests of the proposed henandoah National Park. It is, . DIVIDENDS. Pe- riod. Rate. Q8050 164 *NY Rys pf tcfs. 9ia 1 North A (B3.40). 16% 154 15% | North Am pf(3). €814 681 681 | NthAm Ed pf(7). 991 96% 99% | North Pac (5)... 43% 43% | Norwalk (1.60).. London, ound dolllr 106% 10614 106% 10614 €31 981 26+ 89% 93% CUBTAILING OPEMTIONS W YORK Aprll 9 UP).—The | Amoskeag Manufacturing Co. is cur- tailing operations in its worsted de- partment, some of the looms having heen put on four and five dav sched ules. : oms. lira Zurich, franc. | Athens. drachma. adrid. peseta Outlet Co (3 ‘6) Owens Bot (14). Pacific Gas (8).. PacOll (3).. Packard Mot 2). Paige Mot(1.80). Pan-Am (8 Pan-Am B (6)... Pan-AmWnB(2). Panhandle. . Park & Tilford Park Utah (80c) . he Ex (c3). .. Penick & Ford. 2355 1S e 3 223530558 25232 Foreign uchnnges ea. s (in cents): Great Britain, demand, 48 bles | 48614: 60-day bills on banks. 481 13- France, demand, 3.40%: cables, 3.41. italy, demand, 4.017%; cables, 4. Demand—Belgium, 3 23.80; Holland, 40.0914: 1 Sweden, 26.78%: l)enmarl. 26.1 Switzerland. 19.31: Spain, 1413 1.32; Poland, 11.75: Czechoslo- 96; Jugoslavia, 1.76%: Austria, Rumania, 41%: Argentina, 9. Brazil, 14: Toklo, 46.37 Shanghal, 72.13%: Montreal, 100 13% ' WOOL PRICES FIRM. #nacial Dispatch 1o The Sta. ROSTON. April 9—Stability of *orices all down the line Is evident In the wool market. More activity has developed in pulled wools. dou- ble A selling at $1.20, choice B supers at 87 (o 90 cents and ordi- nary stock at 80 to 82 cents. Aus- tralian wools ‘are firm with fine 65x ¥08 quoted at £1 to $1.06 clean basis at Boston. Some scoured 44s are offered at 62 and 63 cents. South American wools held firmly . despite weports of sales .at lower prices. omestic fleece or terriiory wools are miet without change in price. DRY GOODS MORE ACTIVE. ®pecial Dispatch to The Star. { NEW YORK. April 9.—A *more interest was shown . the dry goods market, been quiet for several davs. Print icloth quotations were {he same as n Thursday. with 64-60s at 7% and El 728 at 8 52% 3 learned that a generous response is | being made by Washington banks in . | reply to the letters sent out a few days . Stock of | 880 aeking for financial suppert. In. quiry shows that most of the banks in the National Capital are enthuiastic enough over the proposition to make substantial contributions to the fund, ', although it is too soon to give anv figures. Of course. all the bankers in 7% the city are in favor of such a park, but some of the officials say they can't see where the Capital will get much direct financial benefit from it. The _ majority of them, however. believe the new park will bring so many more visitors to Washinfton and that the '™ city and the hanks will get a very substantial benefit from it. New_ Bond Issue Awarded. W. A. Harriman & Co., submitting a joint bid with Kean. Taylor & Co were the successful bidders for the $500,000 issue of Washington Sub *urban Sanitary Commission 413 per cent bonds, and the award was made to_this combination at their bid of | $95.78 per §100. The proceeds from the sale of the bonds are to be used to extend water mains and sewer systems in the near by sections of Maryland. over which the sanitary commission has jurisdie- tion. Haynes to Speak Tonight. Harry V. Haynes, president of the '*’ Farmers and Mechanics’ National Bank of Georgetown and chairman of ' the Washington Clearing House Asso- ** ciation, will speak over the radio at 3 #4.° o'clock tonight on “Trusts and Wills." This is the sixth address in the educa tional series being giveri under the - auspices of the American Bankers Association. New Capital Traction Official. - H. D. Crampton. secretary and "~ treasurer of the Capital Traction Co., was elected vice president at a meeting of the board of directors ves Crampton has beem with ~=* ince 1895, when he was He has been acting « - > past five vears. He *t will take the vice presidency in addi tion to his other duties. Insurance Men Hear Bragg. James E. Bragg, vice presideat of peaker at the monthly din- " ner of the District of Columbia Life ‘Underwriters' Association last evening . at the Raleigh. Norman E. Ellworth | ided and announced that a school | of insurance salesmanship will be opened here June 1 and continued unfll June 31. The annual. election of officers will take place at the May meeting. Jewelry Trade Improves. The volume of jewelry business in 1926 was about 15 per cent in excess . ' of the 1924 total, and sales thus far . this year are about 10 per cent ahead 3! of the record for the same period last ,} year, despite the rather poor trade in | ‘March. According to reports to Dun's Review, manufacturers of watches and clocks continue to work full time or more, and are rather closely sold % up; while manufacturers of other ar ticles are running about 30 ‘per”cent camacity. Par 64 100% able, 3 107% 1 100% 2103 9 80% 9 106% 14 100% 1 93 1 108% 5 954 1 1028 2 108% 7T 95% 5 94 1 105% 6 106% 12 106 9 1024 1114 5 1068 26 1104 6 121 1 101% %3 15 102% Tllinois Bell 1st 5s. 15 103 Iilinois Steel 4%s.. 1 95% Int Mer Marine 65. 111 58% Int Paper 5s 47. 2 92% Int Paper 6s. .. i Int.T & T 5% 9 110% Kan CP&L 58 A 52. 4 102% KanG & El6s52.. 6 104% Kelly-Spring 2 106% Lackawa S b8 b! 2 97% Laclede G 518 52. 9 104% Liggett & Myers b Lorillard (P) 6s. .. Loulsv G & E 65 62. Manati Sug sf 7% Mid-Con 6%s 40... Midvale Steel 53 Montana Pow 58 Mor’'s & Co 4% N Y Edison 5s 44... N Y Edison 6%s 100% 1001 | Bab 105 81 95% 104 1074% 102% Pere Mar pf (5).. PhilaCo (4)..... Phila Co pf (3) .. Phila& RC&I.. Philip Morrls. PLillips Pet (3).. Plerce-Arrow. Pierce Petro! Pitts Coal pf.... PittUt pf(t1. . PitU pf et nt1.20 PittsUpf n(1.20) Pitts & W Va (6) Postum (4.40). Pressed Steel (n) Producers&R pf . Pub Ser N J (5). PubS E&G pf(5) ‘Pullman Co (8). Punta Aleg Sug. Pure Ofl (+2). Radio Corpof A. 36 36 Rwy St13pr4). 64 654 Ry St1Sppf (7). 116 115 Ray Cons Cop(1) 12% 12% Reading (4)... ¥ Reading 2d (2) Il‘1\ !umlnnon Type. loo logle Steel 0% es Helman Rich pa ! Do Mid-C Pet pf Moan Motor 13% 601 37 31% 50 100 106% 3% €0 bils 1% 41% 145% 7% 29% 91 Tex & PacC& O. *Tex PacLd Tr.. Third Avenue. Tide Water(1%). Timken (t4)..... Tobac Prod (7). . Tob Prod A «7).. 1 ‘Transcont Oil. Un Bag & Pape Underwood (4).. Un Carbide (5).. Un ol (2). ; Un Pacific ¢ Un Pacifie pf (4 Ted Al 8tl (50¢) . Dtd Cigar S (c2). o1 United Drug (8). 140% e 11 | Uta Frule (112> 8| Utd Ry Tnves 41% | Utd Ry Inves pr‘ 99% | USCIP&F(10). 10" | U8 Distributing. Rep Tron & ste.l 50 |18 Hoffman (3). Rey Tobac B (4). 92 |USInd Alcohol.. Robt Reis & Co. . 12% | U S Realty (4) Rossia Ins (8)... #97¢ | U S Rubber. Roval D(a1.339) . 52 [USSmelt @ia). Safety Cable (4). 4% |3 8 Braa (113 BLICKEDIE (192 39% | {7 § Steel pf (7).. 126 StL & SanFr (7). oo et g KBt L ot 8% | Univ Pipe pt ay. vage Arms v | Senure (18> 79 | Util PAL A (o) Seagrave (1.20). 13% | Vanadium (2. Sears-Rn (2%). 481 | Va-CarCh s% ot ! She!l Unpf (6).. 1087 | Vivaudou. Simmons(12.25) . a5 | wabash. : Simmons pf (7). 108% | Wabash 5t A (55 SBUBIRERLC 21% | Ward Baking A . Sinclalr O1... H Ward Bakine B, Nor i g 92| Warner Bros. ... b 3 £z 4 08 508, BERUYIDH (8. West P El pf(7). Sloss Sheff (8).. . 108 | west Maryland. sou ;::::: :llt‘t'- Sou Dairles A(4) B0 -\ Yoeat Paoifn.: . Sou Paolfgret s ot Port S (63, Jo% | weat Pac ot (). Sou Ry con 68 94 SeahBAC ()., West Union (8). e Southern Ry (7). South Ry pt (5).. Spicer Mfg...... 81d Gas & EIl (3). Std G & El pt(4) | Std Mill (5) . Std Ofl Caltf Std O N J (1) Std Of1 NJ pt(7). Std Plate Glass. . Sterling Pro (1) Stewart War (§). Studebaker (5). . | Submarine Boat . { Sun Oil (11) | Superior Ofl. Superior Steel. .. Bweets of Amer. Symington Davison Chem . Deere&Co pf (5) . Del & Hud (9). .. Del L& Wn (17). Detroit Ed 1 Devoe&Ra( Dodge Bros € Dodge pf (1) Dome Mines (). Dupoat (10.. . Dupont deb (5). . litile todav in which has 84 3714 31% 774 977x 155% 168 36 36 26% 26% 35% 36% 64 64w INSPIRATION COPPER INCOME. NEW YORK. April 9 (#).—Net in come of Inspiration Copper for 1925 was $1,816.801, equal to $1.53 a share, against $1,703.392 or $1.44 a share in 40). A. Northern Pac r i 63 Ore & Calif 1st 5s. Ore Short L rfs 4s. Ore Wash 1st rf 4s. " 98% 165% 168 36 36 28% 26% 16% . 208% 208% 202 101% 7 101% 109% 109% 28% s 64 15% 202 101% The market for raw ik was quiet POTATO 'rmm G SLOW. CHICAGO. April 9 (#).—Potatoss— Receipts, 127 cars; total United States shipments, 654: we Canadian; demand and trading slow: buyers holding off at_prevalling prices; market rather dull; Wisconsin sacked round whites, 5.105.25; fancy shade higher: Minne. ota sacked round white, 4.80a4.90; fancy sacked russets, sales. 5.00. N, C. & ST. L. EARNINGS UP. NEW YORK, April 9 (#).—The Nashville, Chattanooga & St. Louis Railway earned $15.80 a share on its $16,000,000 capital stock in 1925, with net income of $2.629.042, compared with $12.22 a share in 1924, and net in- come of $1,955,509. Surplus after Aividends rose to $1,409,042 from $835,- ] 'SHORT-TERM SECURITIES. (Quotations furnished by Mmm":'t':’. ) . | Eastman (18). Eaton Axle (2) El Auto Li(18%;). Electric Boat. ... Elec Powr & Lit.. Elec P& L pf(7). EP&L VI 40% (7) Elec Sto Bat(i6) ‘Emmerson Brn® End Johu (5). BUBBER DECLIN ES. NEW YORK. April 9.—Quotations | on crude rubber, standard grade, fell| off a half point today, with the market, at 541 at noon. A month ago the quo- tation was 56 and a vear ago, 43} i TEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sous. 1:30 PN ) Approx > Bid Maturics aked- vield, 1941-3 1954 5la 19% 93% 102% Pennsyl gold is. Peoria & E inc 4s Pere Marq 1st 5s. .. PCC&StLbsA... PCC&StLGsB75. Por RL&P 6547, Por RL&P T%s 46. . RIArk& L 4%s St L IM&S 45 29. St L IM&S R&G 4s. 39 StL&SFpldsA..121 StL&SF prinb 46 StL&SF&%sD.. 81 100% 100% 107% 107% 1074 9254 * 928 b3 107 o: 1 1 03 103 9 Famous P’ (8). ! ¢ | Famous pf (8).. i 5 FedLight (*1.40) i 1 i 1 i 1 1 o b g Fed Min & Smelt frst NP 181044 StL &S F plés StL S W i1st 4= S!LSan‘ltz St P& KCShL 4%.. 10 Frst Nal 8(1%). Fisher Body (39 ! Fisk Rubber. fil!lexlvll( 7). #lelschman(2) .. GEB.MAN BONDS AND STOCKS. ‘hnhndnlnnll) per miliion marks ¢ F“m.““ st nu.. 00 | eopor-Kexas. i} | Gabriel Sn(t3 %) 00 | Gen Am Tuk (3). ,Gen Asphalt. . Gen Asph Df (5). Gen Cigars (4).. Gen Elec'(c8). - . 110 | Gen Elec sp(60¢) Gen Mot (112)... | Geni Mot pf (7).. 00 | Gen Qutdr-Adv. ) |Gen Outdr A ). iGen Petrm (3). | GenRySiE(14%) . Gimbel Bros. . Glidden (2). Gold Dust. Goodrich Ru (4). Gothm S H(2% ) - PoDooDo0OD! uoted in dollars West AB(+7%). Westinghse (4) Weston Elec. .. . Weston A (2)... B6%'| Wheel & L Erie. 56% | \heel & LEpI. . White Eagle. (2). White Mot (4). . White Mot (rts). White Rock (2). Willys-Overland. Willys Od pf(7). 95% WoolwthFW(15) 149 Wrig Wm(14)... w0% Yel T&C (75¢) 26% youngstown (4). 7% 7% 71 Dl'hlelld rates as given in Ih' above tlbh ann ised o o !url.v declarations s Union Pac 1at 4s. Vramifort. a-M a8 bre-war. | : 2yl : Uiion Pac lltl.;f,ll Manien 48 b Radische Auilin .. r Ge Elec) ommers and Privat Bank Disconto Gellschaft Dresdner Bank Deutsche Bani Darmataedter s.nk na Herden rnemx Aust A E G Berlinen Handels ot ot 3758 SEEER T EORRRRRE SeREER ¥ 23058333 TS =33 50% 26% 26 50% 7100 PRESE TREASUEY CEBTIFICATES (Quotations furnished by Redmand & Go.) SBRn28337353 Wisconsin Cent ¢s. 10 Gt Nor Ore (1%) Grt Watn Su (8). Green Canan.... * |Guantanamo. ... Guif States S (5) Hartman (2%).. Hayes W (13%). S35 205> 964% Torly OF nalt yom nm- i otherwie Holed. extra or svscial d( It i it e i 2233 bt - §-3k2e3 Lol 4 mtmwmmf-#!#fl. BAR SILVER PRICE. So Por Rico Sug 0%% 107% Southwest Bell 55. 34 103 102% 103 NEW YORK, Aprfl 9 U, rfl";“nlnck Ba, s | Sug st Orient7 9% 98% - 99% | ver, §5%; Mexiohn aonu-. [N *Pi 'P 1% % umm 50% 131% 47 - Co(3).... N Guif 8 (10). Tex & Pacific. ... "Il' u‘!l A’l{lb\fi in m n.v.‘m. $53ey o