Evening Star Newspaper, April 11, 1926, Page 44

FINANCIAL THE 'SUNDAY STAR, WASHINGTON, NEW YORK STOCK EXCHANGE Stoek and dividend. Abitibi Power & P (4). Abraham & Straus. Adams Express (§ Advance Rumely. Advance Rumely pf 714 Ahumada Lead (11) 86% Air Reduction (15). mg% Ajax Rubber 2% 1 Alaska Junea 1413% 119 All American Cables (7). 142 © 80 Allied Ch A e em & Dye (4).. 9Ty 110 26% 24% Amerada Corpn 13% Am Agricultural Chem. . 36% Am Agriculturl Chem pf. 34% Am Bank Note (1.60). 5315 Am Bank Note pf (3). 23% Am Beet Sugar. .. 19% Am Bosch Magnet, 90% Am Brake 128% 10712 Am Brake Sh & 304 861 Am Brown Bov 88% Am Can (2). 125% 115 Am Canpf (7). 116% 91y Am Car& Poundr) (8). l“B‘i 120% Am Car & Foundry pf( 22% Am Chain Class A (2). 37 Am Chicle 84% Am Chicle ctfs oreign Power. Allted Chem & Dye pf(7) 71% Allis-Chalmers Mfg (6).. 108% Allis-Chalm Mfg pf (7) hoe & Iy (6) . PECTY. Am Brown Bov Elec (2). pE (. Am & For Power pf (7). m Hide & leather. Am Hide & Leather pf % Am Ice ($10). ... . '4!, Am Ice pt (6) 3215 Am International. 11% Am LaF Am Linseed. . Am Linseed pf (7 90% Am Locomotive (8). 115 Am Locomotive pf (7) s 45% Am Metnl (4). 4 20 144% 90% Am 117% 105! Am Smelt & Refin pf 165 137!y Am Snuff (12)... 1024 9513 Am Snuff pf (8) 471 3o A 118 108 Am Stl Foundries pf 47% Am Sugar Refining ( Am Sugar Refining pf(7 Am Sumatra Tobaogeo. 91 Q6 " 130% 85 Am Tobacco (8)... 8413 Am Tobacco Ci B (8) 10415 Am Tobacco pf (6) 34% Am Wat 98 Am Wa 293 Am Woolen. - 692 Am Woolen pf (7). .. 1's Am Writing Paper pf s Am Wr AmZine Lead & Sm. ... » Zine Lead & Sm pt a ¢ omer43) - @ 110 T6l 1081, 648 ‘Works pf 901 Archer-Daniels-M pf ur&Co of Del pf(7). WEEK ENDING APRIL 10, Last Week. Year to Date. 5.873,441 184,620,201 Alabama & Vicksbg (8) .. . 117% 110% 116 120 106 i 2% 24% — 2% 21% 119% 115% 117 114 114 114 38% 31% $31% + 89y 89 891 — 4% 42% 42% 123% 12:% ATV% 45% 4T% ¢ .- 12145 117% 120% - . B4 e ingine (1). . 120 s 00 teel Foundries (3).. Am Tei & Telegraph (9).. . 102 12 31y 84 ¢ 36 37T% - 13% 13% - 8% 80‘1 + 77 9415 95\6 # 119 384 443 - 44 9% 11 117 117% 13 113 139 139 100 100 42% 4l 41y 1131 111 113% 0% 67% 68 100's 102 s 114 11% Nv.ihi 1431 1434 - 465 11% + 113 141 . 114% 1124 114% - » Works(¢1.20). inz Papr pf ctfs. 39 'ooau'l 315y *Good 18t pf(6) \fl&m .A‘Q(IUH ) i op & ‘ilnl}\l‘ ‘hu’lnnLSl'epf @) A : At Gu T & West Indles Atl Galt&West Indles pt ! g . er Hoslery Locomotive () s Brooklyn Ed Man Tr (4) T pt (8) 80 Busl 414 Butte Ui opper&?mc(unc: 614 Butte & Superfor (2). Butterick Company . Byers (A M). 237 o1nia Petroleum 115 Callahan Zine & Lead on Elec(s 1 1137% 112% 113 110 ll)’h 109% - 4. % 441 44Y 37ty 871 ¢ 100 100 951y 95'; 95 22% 2 1% 891y 20% 52% 52 20 20% 48 . 127% 126% mnn California Ps acking (18). . Calumet & Ariz (1432). .. Calmret & Hecla (1%).. anada Southern (3) . an Pacific (10) e (J 1) Thresh Mach. . 1) Thres M pf(7) al Leather Co 1t Leather Co pf. 12). tury Ribbon Mills(2). 10 dePasco Copper(4) ertain-teed Products(4) 15% Chandler-Cleveland. .. 328 Chandler-Clev pf (4).. 891 Chesapeake & Ohlo (+1. 105% Ches & Ohlo pf (6%5) 3% Chicago & Alton. Chicago & Alton pt “hicago & East 11lin 1336% 136 1% 191, 5% a8 29% 5T 15 {328 16} Chicago Great West pf 8% Chi Mil & St Paul. 7 Chi Mil & St Paul pf. 96 1 180 8513 9 1 19 398 195% 86 ’!5\0 35% 36% 831 T 28 128Y% 138\ 137 137 63'; 58% 61% i,(u, 79% 83% 1 !8% 831 8315 981, 86% — 21 86% - 5 12% 28% - 29 60 60 + 156% 154% 155% + 80% 2% 102 100 18% 9% 50% 4 4T 260 260 260 16% 13 15 63 61 62 42% 40% 417 16 15% 15% - 861 38% S84 - - 126% 121% 125% . 129 36'» Chicago&East I1linois pf. 78 Chicago Great Western. . 7 Chi Mil & St Petfs of dep 127 Chi N&St P pf otfn of dep 83 471 Chi & Northwestern (4) . 121% 101% Chi & Northwestn pf . 128~ 80% Chi Pneumatic Tool (5). 40'% Chi Rock Island & Pacific. 82 33 Chi StP Minn & O. 49% Chllds Co (32.40) 30 Chile Copper (21) 16 Chine Copper. 40 28% Chrysler Motor (3) 93 Chrysler Corp pf (8) 581 Cluett-Peabody (5) 80 Coca-Cola (7) 27% Colorado Fuel & Iron 4414 Colorado & Southern 60 20 116 45 Columblan Carbon (4). 29% Commer Credit (2).. 94 Chi Rock Isl & Pac pf (8). 92 Chi Rock Isl & Pac pf (7). Christle Brown&Co(1.: 20y’ Colorado & Sou 1st pf (4) . 45% Columbia Gas & EI(2.60). 104% Columbia Gas & EI pf(7). Commer Cred 1st pf(63). 25% Commer Credit pf B (2).. 50 Commer Invest Tr (3.60). 90 Commer Iny Tr pr (6%):. 80 Commer Solvents A (4).. 76 Commer Solvents B. ., .. 15% Congolsum-Nairn. : 261 Consolidated Cigar. 79% Consolidated Cigar pf(7). 2% Consolidated Distributor. . 74% Consolidated Gas (5) 15% 43% 127 0% 2% Consolidated Textile ntal Can (16 tal Insuran 126% 125% td pe 100% 98! % 4 43% 86 98 48 B83% 82% 20% -+ 44 A, 1 81; Continental Motors (80¢). 323% Corn Prod Ref (2). 118% Corn Prod Ref pf (7) 4436 Coty Inc (4)...... 40 87 1884 + 1% 124% 1243%31: + % 2‘% 18 Metro Goldwin pf (1. 47 46% +1 1 22% & + 2% il + 2% - 1% % - an 2% % 1% 4% 4% 1 19 W % % & 1 & % 1% % 84 v (124 2 Y 3 % % 2 o1, % 3% 2% 1 4| 118% 4| 38612 286 Tl 1% 4% 14 | 1142 10215 1926. Average price of 50 stocks Same period a year ago. Steck and dividend. 25 Crex Carpet (4). 64% Crucible Steel (5) . 92 Crucibls Steel pf (7) 7% Cuba Cane Sugar. 374 Cuba Cane Sugar 41% Cuba Co (4). 26% ban Amer Sugar pf(7). 101 uban Dominican Sugar. . 16 Cuban Dominican Sug pf. 71 Cudahy Packing (7)..... 62 Cushman's Sons (3). 43 Cuyamel Fruit (4). % Daniel Boone Wool mu. 27% Davison Chemical. 10 82 Geere & Co pf (7). 1743 138% Delaware & Hudson ( 158 125 60 35 Denver & Rio Gr West pf. 159% 110 Detroit Edison Co (8). 1041 35 Devoe & RayndsA (2.40) . 48% 21% Dodge Brothers Class A . 20 4 108 40 128 87 104% 94 114 118 32% Dupont debentures (6) 105 Duquesne Light 1st pf(7) 1156 106% Eastman Kodak (18) 103% Eaton Axle & Spring (2). 12 Eisenlohr & Bros 92% Eisenlohr & Bros pf(7%). 61% Elec Auto Lite (16%).... 4 Electric'Boat. . 17% Elec Power & Lllh( ot 891; Elec Pow & Light pf (7). 99Y El P&L pf ctf 40% pd(7). 60% Electric Storage Bat (’0) 7% Elk Horn Coal. 16 Elk Horn Coal p.’ 11 Emerson-Brantingham 3% Endicott-Johnson (5). ... 111 Endicott-Johnson pt( ) 22% Erle. 356 Erie 1st pf . 30 Erle2dpf. . 45 EurekaVac 82y, Falrbanks Horse (3) 901 Famous Players-Las (8). 25 T4 118% 40 467 43% 57% 59% 126% 364 46 120% 39% 111% 106 21% 109 47 26 Fed Lt & Trac (*1.40). 16% Fed Mining & Smelting. .. 49% Fed Mining & Smel pt(7). 12 Fifth Avenue Bus (§4c).. " 91% First Nat Pic 1st pt 30 First Nat Stores (13%). 60 Fisher Body (5) 10% Fisk Rubber. . 79 Fisk Rub 1st pf stpd ( 97 Fisk Rubber 1t pf cv( 324 Fletschmann Co (2). ... Foundation Co (8). Fox Film Class A (4). Gabriel Snubber A (i3 %) Gardner Motor. Gen Am Tank Car (3). Gen Asphalt . Gen Asphalt pf (5) Gen Cigar (4)... Gen Electric (c8). Gen Electric Spec (60c) . Gen Gas & Elec A (e1%) Gen Gas & Flec 8 pt A Gen Motors (112) Gen Motors pf Gen Outd Adv vot Gen Outd Adv C1 A (4) Gen Petroleum (3)... Gen Rty Signal (+4%) Gimbel Brothers. Qimbel Brothers pt (7) Glidden Gold Dust Goodrich (B F) Co (4). Goodrich (B F) pf (7). 4 Goodyear TirekRu pf(7). Goodyear T & R pr pf(8) . Gotiam Silk Hos (21 Gotham Silk Hos pf Gould Coupler CLA (2) Granby Consolidated. . . Great Northern pf (5). Gt North Orectfs (1%).. Great Western Sugar (3). Great West Sugar pf (7) Greene Cananea Copper Guantanamo Sugar. .. Gulf Mobile & Northern Gulf Mobile & Nor'pt (6) 42 16% 80 8 287 4% 89 424 861y 46 L1081, 50% a1 111, 39 105% . 1225 591 1% 1 61% 34 1104 105% 1498 64 116% 102 345 6% 46% S 60ty 2% 83 50% 1 121y sealsl 991, 102% 106 36 99 181, 18% T4y 24% 97y th 99 1 % % 2% 3% 1% I li2e 2 25 2s8° 7's Guif States Steel (5) . 4 Gulf States Steel pf (7) Hanna (M A) Istpf.. 5% Hartman Corp (234). Hayes Wheel (4314) Helme (G W) (16%) oe (R) & Co Class A . Homestake Mining (7). ilousehold Prod (13 %) Houston Oil. Howe Sound (3) 383 Hudson & Manhat (2%).. 4 Hudson & Manhat pf (3). 72, Hudsou Motor Car (3)... 79 Hupp Motor Car (1).. 22 Tllinois Central (7) 1184 1llinois Central pf L 118% ndepend Ofl & Gas (1) ... 24% Indfan Motoreycle (2).... 21 Indfan Refining. .. lugersoll Rand (3). Inland Steel (215 ) i Inland Steel pf (7). Inspiration Copper (2) . Interboro Rapid Transit Intercontl Rub (1). Internat Agricultural.... Internat Agri prior p(7). Int Business Machine(3) Internat Cement (4) . Internat Coment pf (1) Internat Comp Eng (2).. 47% Int Harvester (§ 11916 i Internat Harvester pf(7). 122% luternat Match pf (3.20). 6074 Internat Mer Marine. ... . Internat Mer Marine pf. Int Nickel (2) 5 Internat Pap Internat Paper pf Internat Rys of Cent Am. 10713 50 3 1% 27 56 43 Sete 22% 36ls 182, 1815 877% 42% 1021 Internat Tel & Tel (6). Intertype Corp (11%) . 1615 Jewel Tea. 11% Jones Bros T 85% Jordan Motor Ci 28% Kansas City Southern. ... 57 Kansas City South pfi4). 1, lKansas Culf 18% Kayser(Jullus)& Co(3). . 124 Kelly-Springfield Tire 87 IKelsey Wheel (¢ 461 Kennecott Copper ( 11 Keystone Tire & Rubb: 61 XKinney (G R) Co (4).. 26% Kresge S S (1.20). 16% Kresge Dept Stores. .. .. 238% Kupperheim(B) & Co(2). 8% Lee Rubber & Tire. 69 lehigh Valley (3%). 80% Lehn & Fink (3) 17% Life Savers (1.60). 657 Liggett & Myers (14) 56 Liggett & M C1 B (14) 116% Liggett & Myers pf (7 74% 533 Lima Locomotive (4) 44% 22 Loews Inc (2).. 11% 6 LoftInc...... . 63 45% Long-Bell Lum C1 A (4) 1483% 77 Loose-Wiles Biscuit. 116% 104% Loose-Wiles 18t pf (7) 424 30% Lorillard (P) Co (3). 116% 108% Lorrflard (P) Co pt ( 28% 12 Louisiana Oil Refining. .. 26% 22% Louis Gas & E1Cl A(1%) 106 Louis & Nashville (8). 80% Ludium Steel (2).... 80 McCrory Stores (156.60). . 72 McCrory St C1 B ((35.60). 16 Mclntyre Porc Mines (1) 108% Mack Trucks (8) . 108 Mack Trk 1st pd. 104 Mack Trucks 1st pf (7).. 110 "99 Mack Trucks 2d pf (7)... 106 66 Mackay Cos pf (4). 69% Macy (R H) & Co 114% Macy (R H)'& Co pf (7) . 34 Magma Copper (3). 17% Mallinson & Co. 1200 224 321 38% 167s 9% 3ty 108 824 46% 35 19 8815 44% 21% 4% 19 30 Sl 82% 265 - 94 102% 102 1% 124 174 6813 |16'n 115% llh 125% 126% 35 35 . 1T% 16% 271% 134% Dupont de Nemours (15) 206% 200 200% - 102% 101%2101% 1s 109% 109 29 26% 13 9245 64 b 19% 92% 254 36 33 46 495, 116% 103% Famous Players-L pf(8). llSl: 118“ IOOM 4915 300 11t 38 105% 1177 3 58 66 4910 56% 9914 10244 106 340 98 18 17 7213 22% 95% 111% 10% 99 6913 10742 50 37 70% 2614 54 41 557 3214 36% k4 0% 208, 1167 117% 23 201 91, 87ty 22% 87 1021 24y 1168} 1213 58 9% 17 21 32% 15% 871 38 61% L 344 15% !0% . 106% 106% xma 101 34 Manati Sugar. 42% Manhat Elec Sup(4% 82% Man Elev mod gtd (d45) 40% Market St Ry prior pf... 13% Market St Ry 2d pt. 24% Market St Ry pf. 32% Marland Oll (4).. 10% Marlin-Rockwell (2).. 18% Martin-Parry (2)..... 81 Mpthieson Alkall (4) May Dept Stores (5) 20% Maytag Co (2 6 Mexican Seaboard. .. 10% 2 Delaware Lack & Wn (V7) 188% l’gh 1!7% 16% 114 109% 7% 1154 29 40 351 46 ' ElEh 50% -~ R e SRR R ot s BORER PerFFosefels"s PsressFa Fe "E:: w2x 25 s STOCK LIST MOVES IN NARROW LIMITS Week’s Trading Smallest in About a Year—Easier Money Is Aid. By the Associated Press. NEW YORK, April 10.—A marked softening of money rates was the chief characteristic of this week's financial markets. Stock prices maved within rather narrow and frregular limits, but the undertone was firm and the volume of trading was the smallest in about a year. Bond prices were quick to reflect the easing of the credit situation, moving up brisk- ly despite the competition afforded by new offerings of about $125,000.000, most of which were promptly sold. Several interesting movements took place in the forelgn exchanges. The Canadian dollar sold at a premium for the first time this year and Japanese yen strengthened materlally on the announcement of gold exports to thie country. Sterling exchange held firm but French and Belglan francs drop- ped to around their extreme low levels and then made partial recovery. Dutch and Swiss currencies were strong, but the so-called “sflver ex- changes” were heavy, Indlan rupees falling to a new low level for the year. Outside the financial markets, one of the principal developments of the week was the sharp reaction in rub- | ber prices on the pressure of sup. plies from the Far East in both the London and New York market. Wheat futures advanced about 4 cents a buahel, with buying influenced by the decrease in domestic stocks and the D. C, APRIL 11, 1926—PART STEEL BUYING STILL IS HAND TO MOUTH Government Winter wheat condition report, as of April 1, which, although the largest since, 1921, was somewhat -mnller th-.n axpecxed Cotton moved and irregular limits, [ tod.y s clou!n( quotations showing moderate declines on the week. L e WHEAT PRICES SCORE SUBSTANTIAL GAINS Liberal Decrease Expected in U. S. Visible Supply Total, to Be Out Monday. Demand Shows No Improvement. Declines Are Reflected. By the Associated Press. NEW YORK, April 10.—The volume of new buying in the steel market during the past week, while a trifle smaller, kept up remarkably well, but was again confined largely to prompt delivery. Buyers were very cautious about placing forward orders at pres- ent privec, as pig iron was generally lower h foreign iron selling at dis- counts along the Atlantic Coast. The demand for copper has shown no improvement since the Easter holidays abroad and further declines in London have been reflected by the domestic markets. Producing inter- ests generally are not pressing for sales and appear hopaful thut return- ing stability in the stoei market may be followed by a goul late Spring business, but with buyvers holding off, asking prices have been subject to approximately the 17 cent level with- out materially stimulating interest. Tin declined sharply in response to the break in London, where pressurc was encountered, due 1o upprehension over industrial conditions in England. Producers and consumers bought heavily on the decline for deliveries running into July. Spot metals scarce, but futures offered freely. Lead prices have been reduced fol- lowing the break in foreign markets. Offerings of outside metal ~ontinued free, with buyers more cautious. Zinc was easter, with prices back to the low level of the season, in svm | pathy with the Jdeciine alroad and the easier trend of other metals. De- mand was light. Antimony showed further losses for spot, due to the continued apathy on the part of buyers. By the Associated Press. CHICAGO, April 10.—With a liberal decrease expected in the United States’ visible supply total on Mon- day, the wheat market closed today at a substantial gain. Best figures of the day were reached shortiy be- fore the finish, notwithstanding that houses with Eastern connections and pit traders here kept antagonistic and fought the advance. May delivery in particular tightened and exports of North American wheat were quite large for the” week. Wheat closed firm, 1% to 2lj net higher; corn, % to % up, and oats unchanged to 13 off. July September The New York, Susquehanna and Western Railroad reports a deficit of $457.412, after taxes and charges for 1925, against a deficit of $770,027 in 1924. | 5--26— Low. Stock and dividend. 8 Mlami Copper (1). .. Mid-Continent Petroleum 31 Middle-States Oil. ... 2 Middle States Ofl ctfs inieh, 244 Miller Rubber ctfs (2). .. Minneapolis & St Louis. . Minneapolis St P Minneap St P & S 5 M StP&SSM 1sd lines (4). Missouri Kansas & Tex Mo Kansas & Texas pf (6) Missouri Pacific Missouri Pacific pf . Montana Power (3) Montgomery Ward Moon Moters (3).... Mother Lode Coalit Motion Plcture (133). Moto-Meter C1 A (3.60) Motor Wheel (2) .. Munsingwear (3) Murray Body ash Motors. t Acme (stamped) t Biscuit (+4). t Biscult pf at C'ash Register (3) t Cloak & Suit. . Nat Cloak & Sult pf (7) Nat Dalry Products (3) t Dept Stores. t Dept St 18t pf ( Nat Distillers Products Nat Enam & Stpg. ... . .. Nat Enam & Stp pf (7) t Lead (8)..... t Lead pf (7). Power & Light (40¢) Rys of Mex 1st pf. Nat Rys of Mex 2d pf Nat Supply (4).. Nat Tea Co (4) Nevada Consoi Cop [ N 'Y Air Brake N'Y Air Brake N Y Canners (¢ Ny Central (7} “hi & St L (7 N Y Chi & St L pf (6) N Y Dock N ¥ Doc pf (5 N Y Lacka & West (3) N Y New Haven & Hart N Y Ontarlo & Western. . N Y Railways ptctfs N Y State Rallways Niagara F Pw Copf(13) 4 Norfolk & West (i8) North Am (b10% sock). North Am p?f (3) North Am Edison pf (6) Northern Pacific (5) 3 Norwalk Tir & Rub(1.60) Ol Well Supply (2) Omnibus Corp 4 Onyx Hostery. .. Onyx Hoslery pf ( Oppenheim omm 3). Orpheum Circuit (2). Orpheum Circuit (pt (8). ot vator (8) Otis Steel. Otis Steel pf.. ... Outlet (‘omhzn\ 13 ) Outlet Company pf (7) Owens Bottle (14).. _ Pacific Coast.... Pacific Gas & Elec (8) Pacific Oil (3). - Packard Motor Car (%) Paige-Det Mot Car(1.80). 4 Pan-Am Pet & Trans (8) m Pet & T CI B (6). m West Pet B (2) .. Panhandle Prod & Ref . Panhandle Prod & Ref pr Park & Tilford. ... 4 Park Utah (60c). athe Iixch, CLA (€3). 4 Penick & Ford. Pennsyivania Coal&Coke. Pennsylivania Rallrd (3). Penn Seaboard Steel. .. .. Peoples Gas Chicago (8) . Pere Marquette (18) ... Pere Marquette pf (5). 4 Phila Co (4).. Phila Copf (3).... 4 Phila & Read Coal & Philip Morris & Co. Phillips Petroleum (3). Phoenix Hosie! Phoenix Hosiery pf ( .y ) 50 52 1221 [ 108% ooy SEFEEER 2% 22% % % 9% + 1% 4 Pierce-Arrow. Pierce-Arrow pt Pierce Oil. .. . Pierce Petroleum. 4 Pitts Coal. . . Pittburgh Coal pf. ... .. 4 Pitts FtWayn&Chi pf(7) Pitts Term Coal pt (6)... Pitts Utilities pf (11.20). Pitts Utill pf ctfs (1.20) .. Pitts U pf ctf new (11.20). 128 63 Pittsburgh & W Va (6) 124% sm Postum Cereal (4.40) Presssd fitel Cax. ... Pressed Steel Car pf (7).. g& Tlm Producers & Refiners 4% 27 Producers & Refinerspf.. 9214 62% PublicService N J (5).... 100% 96% Public Service pf (6). 99 Public Service N J pf( 109 Public servlc;g J p:f:i. 215 Public Ser EI&Gas pf(6). }‘}2"‘ 30»/. Public Ser El Pw pf (7).. 174 120 Pullman Company (8) 47% 33 Punta Alegre Sugar 33% 26% PureOfl (12).... 111% 108 Pure Ofl pf (8). 77% 82 Radio Corp of Am 54 44% Radpi Cor of Am pf(3%). 74% 68% R R Sec 11l Cenctfs (4).. 68% 53% Rallwy Steel Springs(4). 123 114% Rwy Steel Springs pf(7). 17% 101 Ray Cons Copper (1)... 91% 69% Reading (4) 41% 35% Reading 1stpf (2). 44% 36% Reading 2d pf (2)... 60% 43 Reid Ice Cream (3) 100 92% Reld Tce Cream pf (7). 127 46% Remington Typewriter 23% 9 Replogle Stee! 64% 42% Republic Iron & Steel. 95 84% Republic Iron & Stpf(7). 18 5% Reynolds Spring. . & 98% 724 Reynolds Tobacco B (4) . 28% 9% Robert Rels & Co. 100 85 Rossia Ins Co of A §7% 484 ‘Royal Dutch (a1.339). 62% 42 Rutland pf. 564 424 Safety Cable (4). 526 35% St Joseph Lead (i 102% b57% St Louis-San Fran ('). 92% 76 St'Louis-San Fran pf ( 33 19% 127% 19% 12% 19% 12% 119 High. 121y Ziall Midland Stl Prod pf (+10) 118! 112 1461 134 4815 98' 03, 30% 104 116% 114 . 10% 981 984 % ol IIB% llfl’/i 84% 1% 4% 2% 144 23 107 Low. Clase. 1% 12 Stock and dividend. St Louls Southwestern. 291 20% St Louis Southwst pf (5). 1 1% vage Arma (4) 1 1 3 hulte Retal St (§8) n7 aboard-Air Line. . Seaboard Air Line pf. . Seagrave (1.20) s, Roebk & Co (212) neca Copper. Shattuck (Frank G) ( Shell Tr & Trad (96%5c) Shell Union Ol (1.40) Shell Union O] pf (6) Sherwin-Williams pf(7) 2 Sheubert Theatre. SimmonsRo (121) Simmons Co pf (7) Simms Petroleum (1) Sinclair Consol Oil. .+ Sinclalr Consol Ol pf (8) Skelly Oil (2). Sheff Steel & 1r (6) . Forto Rico Sug(6) . Southern Dairies A (4) Southern Dairies B. Southern Pacific (6) Southern Railway () Southern Rallway pf (5) Spear & Co pf (7) Spicer MIg....... Standard Gas & Kl (3) 2 Standard Gas & El pf (4) andard Milling (5) Standard Oil of Cal (2 d Oilof N J (1) d Ofl of NJ pf(7) ndard Plate Gluss Sterling Prod (4) Stewart-Warner (6). ... Stromberg Carburet (6) Studebaker Co (5) Net. High. Low. Close. Chge. 63 68% -+ b4 % % - 6 304 % 3 31 6% 62 30t 5. 1460 148 1161 116'5 perior Steel. z weets Co of America s Symingt Symington Cluss A ( ‘Telautograph (60c) Tenn Copper & Chem (1). Cexas Co (3). Texas Gulf Sulphur ( lfiv Texas & Pacific. . Texas & Pac Coal & O}, Texad Pac Land Trust. . The Fair (2.40) 3 Third Avenue. Thompson'J * (3.60).. Tide Water Ofl (173).. Tide Water Oil pf ( Detroit Ax cco Products Tobacco Prod Cl A (7). Transcontinental Oil. Underwood T¥pewr (4) .. Union Bag & Paper Union Carbide (5) Union Oil of Cal (2) Union Pacific (10) Union Pacific pf (4) Unlon Tank Car (5)_ ... United Alloy Steel (50¢). United Cigar Stores (c2) United Drug (8). i United Drug 1st pf (33 United Fruit ($12)... United Paperboard (2). United Railway Invest. United Railway Investpf . US Cast1P & Fdy (10).. TS Cast [ P& Fdy pf(7) Distributing.,....... Hoffman Mach (3) . U S Industrial Aleohol. . . U S Industrjal Alco pe(7) Realty & Imp (4). 1454 47 491 49% 917 981 69% 7 10% 111g 31 314 16 17% Lol 97 163, 534 288 104 153% 1334w 784 3% 134 B4l 367 24 116'% 60% 167 1107% 57% 207 2047 381y 18% 18 3315 86% 48% 113% 45% 101% Rubber 1st pf (8) 7S Smelt Ref & M (3% Smeli R & M pu:w. C Steel (17). Steel pf (7). S Tobacco (3). .. Tniver Pict 15t pf (8) Univer Pipe & Radiator Univer Pipe & Rad pf Ttil Pow&Lt Cl A (e2). Vanadium Corp (2). Vick Chemical (31 Va-Car Chem new w i Va-Car Chem 6% pf w i Va-Car Chem 7% pf w -Car Chemical . 4 Va-Car Chem ctfs. Va-Car Chem pf etfs. Vivaudou vadou pf new (7). 127% 122% 63 blla 103t 90 507 13% 94 52 28% 8374 T4l 3 | 108% 94% b2 191y T8% 55% 19% 14% 24% 18% 198 1056 Wabash...... Wabash pf A (5). Waldorf System (11). Walworth Co (1.80) Ward Baking Class A 95% 28 Ward Baking Class B 112 91 Ward Baking pf (7) 22% 12% Warner Bro Pic Cl1A. 100% 51 Weber & Heilbroner ( % 99 8815 WestPenn Electric A (7). 100% 96's West Penn Elec pf (7)... 9713 957 West Penn Power pf (6). 112 104 West Penn Power pf (7). 18% 11 Western Marviand. 2614 16 Western Maryland 2d pf. 391% 19% Western Pacific 72" Western Pacific pf (6). 1‘7% 116% Western Union Teleg(8). 97 West'house Air Br(+7%) uq u 65% West'house E&M (4)... 70 20% 31 1% 144 881 17% oy 9% Weston Elec Instrument. 16% 19% Weston Elec Inst CIA(2). 18 Wheeling & Lake Erie. .. 22 Wheeling & Lake Erie pf. 25% White Eagle Oll (2) 57% White Motors (4) . 26 White Rock (2). 1% Wickwire-Spene St et 9% Wiilys-Overland 72 Willys-Overland 1124 Woolworth F W (15) 20% Worthington Pump... ... 16 Wright Aeronautical (1). 45% Wrigley (Wm Jr) (14)... 60% Yale & Towne Mfg (15) 22% Yellow Tr & Coach(75¢).. 63 YoungstownS&T (4)... RIGHTS—EXPIRE. 16% Reading, July 1.. 14 Seaboard Air Line % % White Motor Apr 10 1,,, Dividend rates as given in the abov ayments on the ‘latest auarterly or mail Je "" nlm olhoMn noted. =atra or secial dlvld-n:(l are not includ Partly extra. 1Plus 4% in stock payable @ quarte ihv»!n in preferred 1 Ju- M g’ 1Ping 2t ok ible" % Quarterly. e e 0% 1n T FERFEERE FR 347 128% 222 9% 33 BT% et SFEREFES 48% 1l +4++++++I+ I+ + L+ 3% ; - 24% 3 6% 17% o L3 ae«.m-uo:z | nov: FINANCYAY. CHARLES J. BELL TO CELEBRATE HIS 68t11 BIRTHDAY TOMORROW BY EDWARD C. STONE. Charles J. Bell, oné of the founders and for 33 years president of the American Security and Trust Co., will celebrate his sixty-elghth birthday to- morrow. Although he plans no elab- orate abservance of the event, he is sure to be congratulated by his legion of friends both inside and outside of banking circles, as he has long been prominently identified with many Washington activities not centering in the financtal district. “I don't make 4s much of my birthdays as I used to,” was all the comment he had to make when the date of the big day was called to his attention. The last three and a half decades of Mr. Bell's life have been years of amazing business and civic activity. He was “born in Ireland, his father | being Scotch and his mother cf Irish descent. He was educated in Wes- leyan College, in Dublin, where his father, who afterward came to Georgetown to live, was professor of English literature. When -only 16 years of age he became interested in banking and decided that was the line of work he wished to enter when he CHARLES J. BELL, Widely known Washington financier, who will celebrate his sixty-eighth birthday tomorrow. grew older. }le came to America in 1875, and through his cousin, the lute Dr. Alexander Graham Bell ventor, became uciively en; the telephone busines¢ in where he remained for some When he came to W was still in his early launched the ihvestment firm of Bell & Co., anl met with sich success in this endeavor that he con vinced his associates that there was a fine field for another sh- ington. The Americs ¥ and Trust Co. was the result of his and other financiers’ ambitions, Mr. Bell | being made the new institution’« first vice president. In ! vanced to fthe presidency at the age of 35, The trust company started in 1889, hanking | . deposits heing reported at $18.000 and | $325.00 Deposits are | more than $31,000.000 and re- Sources more than $37.500.000. In this astonishing growth the presi- dent of the institution has naturally plaved a most vital part. It is safe to say that he has made a record for | business success that few bankers in any eity in the country can surpass. Because of his loyalty to Washing- | ton. his enthusiasm and sound busi- ness principles Mr. Bell has been sought as director or trustee in many enterprises outside of the banking field and has freely given of his time and counsel to various organizations. He is a director in the Washington Railway and Electric Co.. the Poto- mac Electric Power C Real Estate Title and Insurance . Chesapeake and Potomac Telephone Co.. Interna- tional Bell Telephone Co.. Columbia Granite and Dredging Co. and the Security Storage ('o. Ie is a trustee of the Carnegie Public Library. the Episcopal Cathedral and the Wash ington Memorial Association. Member of Many Clubs. Nobody has ever figured how mueh M Bell pays out annually in club dues. It would take too long a pencil. But he belongs to the (osmos Club, Chevy Chase Club, Metropolitan Club, Archeologist Institute of America, Columbia Hospital Society, Arch ological Society of Washington. tional Geographic Soclety, Board of Trade and Chamber of Commerce. In political affiliations Mr. Bell is a Re- publican, and in_addition to all the countless demands on his time and energy he has found opportunity to be prominent in the Masonic fraternity. If he were so inclined, Mr. Bell could write a fascinating book on the changes that have taken place in Washington during his banking ca- reer and another on the noted people he has met and knows intimately. But he spends little time talking about the past. Asked w give some remi- niscences of old-time Washington. he will smile and tell you that he re- members when the new Ebbitt Ho- tel was torn down or mention some- thing else that has happened within than a mon e en yir. Bell S bua iivedstisre but a short time he married Miss Grace B. Hubbard of Washington, and they have had four children. - The Bell home on Woodley road is one of the most attractive places in the National Capital and noted for the hospitality <o graciously dispensed. It is located near the residence of the late Presi- I M | going from W laway | high finance for the evening Purchasers Are Cautious—Copper | Has Been President of American Sec'urily and Trust for 33 Years—Federal-American National Bank Increases Its Capital Stock to $1,600,000. getic and jovial as he did at 60. Ever: weekday finds him at his desk at the bank attending to the puzzling prob lems that every bank president has to f: And no session of the Wash Ington Stock Exchange is complete without Charles J. Bell seated on one end of a long, comfortable coucl which the exchange provides for the use of some of its most respected members during the interesting but not. always feverish trading in local securities, The capital stock of the Federal American Natlona! Bank has been in- creased from $1,200,000 to $1,600,000. effective v, it was announced by John Poole, president. Based on recent action of the board of directors and subsequent approval of the stock holders, the car g a stock dividend of § 2,000 additional surplus account of $800,000 and undi vided profits of re than -$200,000. and places the institution in a_class of less than 200 national banks throughout the country having a cap ital of like amount or greater. Since the opening of the new bani building the institution has enjoy a substantial increase in deposits, gi ing the bank total resources of mo: than $15.600,000. New Home Decided Attra The bank’s new home has p Lecided attraction Iy residents of the among visitors ital. Many bankers, business professional men from other cities have been lavish in their praise « its many novel features. In the thres weeks_since the building was opene: more than 40,000 persons have vis the bank, an average of 2,000 a da “The growth, of Washington an the growth of this institution,” Mr. Foole, in commenting on the i1 crease in eapital, “make it advisable that the Federal-American be pre pared 1o serve the community in tive. wed amor se M aces our institution s of the c banks throu States, there are le a capital of $1,600,0 lor more Unlisted Securities P Following the and prices on local securities, which & not listed under Exchange rules, given for the these issues benefit LJBONDS Northeast Savi @ld Dutch Mkt Park_Savings Ban Fotomac Saviugs Bank Raleigh Ho | Warifgron Tile T "¢ Washiogton Base Hall Ciuh 65 Woodridee & don S. Bi. 10 Deyber \\III Give Breakfast. Victor B. Deyber, chairman of the ry committee of the stockhol ation of the Federal Re serve Bank of Richme will glive & ast to the members of this con n Wednesday rning, . just bef > second @1 meeting is called to order. The breakfast is to afford the delegates a: opportunity to discuss important ma ters which they n wish to bring In | fore the annual meeting. It is expected that the will equal or exceed that of when 230 were present. D1l ot Vi k endai e last veu ,. The numbe hington’is not k 1 1s they are only expected to notify th committee in Richmond of their plans to attend. Other Financial Notes. Much interest being show among local bankers in the annu: ring get-together diner to be hel l)m Columbia Count Club « There the occu members of local ssociation thus wi be afforded opportunity to &e from the intricate pro will be equally free in the after. . as the club's grounds are be open to them Followers of pecting that port of the Lanston M show the largest pany has vet had ing comes the last and as usual will take andria. Thirty annual mee this month Dplace in Alex i members Yorce of Richardson Boston will visit row to inspect prope been financed aged propertie: ing, Adams Building of Labor Building. of the sales Hill & Co. of gton tomor which have MARCH BUILDING RECORD NEW YORK. April 10 (®).—Marcl had the largest volume of con: tion contracts of any Al record, although operations little slow in getting under way the first half of the month, the W. Dodge Corporation reports. Building and engineering in 37 States east of the Roc tains {()T the month are at $597,879,300, an increase of 53 pe: cent over Febfuary and 22 per cent over March last The total also was greater than any previous month except August, 19 h wer dent Cleveland, for whom that section | Total construction commitments f. f the city was named. i The distinguished banker is in pe: the first quarter of 1926 amounted 1 $1,444.937,700, a gain of 30 per cent fect health and appears as alert, ener over the same period last year. Financial Highlights of Past Week Brought Out in Nutshell by Statistics NEW YORK, April 10. Stocks (average of 50 issues) Bonds (average of 40 issues) Foreign bonds (average of 10 issues). Federal reserve ratio.. Money rates in New York Call Time This week. High. Low. High. Low. 11602 114.66 11459 1117 This week. Last week, 21 85.87 un 08 102,80 This week. Last week. Year ageo. 746 73.4 76.3 This week. Last week. o4l 4 tobi, 413 to 47, Last week. Feb., 1926, 4,616,822 104,408 . 440 $270,100,172 1,801 $34,176,348 Unfilled steel orders. Pig iron production.. Bullding permits: Number of cities. Liabilities . Revenue car lnldln‘l All commodities ... Grain and grain produrt Coal and coke.. Forest products Miscellaneous vroducll Ore S “«k of L;lr 26, "2 ‘\lonxh o( i 114,391 440 $290,274,830 1,791 $40,123,017