Evening Star Newspaper, April 17, 1926, Page 14

14 "R JEALING IN STOCKS INNARROW RANGE jsual Week End Covering Gives List Boost Here and There—Gains Small. h to The Sta (W YORK, April 17.—Operations togay's two-hour session on the ek Exchange made little head either girection. It was : rofessional affalr that L of narrow professi ::rfik\u» o 1 little or no | Dispate ing made < end cove ek and rance in certain groups dual fssues, resulting in siight rovement here and there, but 1t s noteworthy that new buying was nited. Motor eely off ground .n the hardened \inent stock, getting been lost start, but with the half polut Friday final. which had terday, FINANCIAL, NEW YORK STOCK EXCHANGE Received Private Wire Direct to The Star Office Close. 1 0714 | M 107 104 & l!( \fldl‘lnd pL(t10). lioh llo\‘ noy, | Miller Rotfs(2). 36! Open. High, Hw. Abr&sStras 7%pf 107% 107% 107% Adams Exp (6). 107 107 107 Advance Rumley 10% 10% 10% Ahumada (11).. 8% Sk Ajax Rubber. 10 10 Allied Chom (3. 0% 1115 1084 Am Agricul Chm Am Agri Ch pf. . Am Bank N 1.60. Am Beet Sugar. . Am Beet S pf(7). Am Bosch. .. Am Br Bov El Am Can (2).... Am Car&Fdy (8) AmC&Fpf (7). Am Chain A . | Am Drug. Am & For 5 Am & Fo P pf (7 Am Hide & L pf. Ar? Ice (110). Am Internatl. .. Am Loco (8).... Am Loco vf (7). Am Radiator (4) Am Safety R (3) Am Ship & Com. Am Sm & Ref(7) Am St Fdys (3). Am Sugar (5)... Am Sumatra. ... Am Tel & Tel(9) Am Wa Wo c1.20 Anaconda (3). Armour N1 A 4«) High. Low. Close. 8 84 8% 12 208 % 1% 110% 864 89% Monta; lPa'(‘) Montgom Ward. . N Moon Mot (3).... Mothr Lode(75c) byt 3 126 Munsingwr (3). . “ Murray Bosy... 40% 264 To% 56‘6 45 Nat Dairy (3)... Nat Dpt Stores. . Nat Distillers. .. Nat Distillers pf. Nat Lead (8) Nat Lead pf (7). Nat Pw&Lt(40¢c) Nat Ry Mex 2d Nat Tea (4) NY Alr Bra NT Al BrA (0, NY Central (7). . NYC&StL pf (6). NY NH & Hart. 96% 1194 119% H& 108 108 108 43 43 a2 10% 10% 113 118% 112% 40% 40% 40% 66% 67 66% 1% 11y 11 1454 145% 145 46% 47 46% 43 42% 0% 0% 45 140 117% 19 bove the to what extent would be cut in the ort tariff, if the recom- adopted by Parliament. Motors sold off yesterday g the announcement that the 1 closed down indefinitely When it was an- the operation the start of ok the view tariff to junced today that ould be resumed at week the Street to "ven under a reduced oompany would be able serate profitably. General Motors gained “\he demand subsided. ~Hudson ons more than a point at_one nd most others of the Eroup ‘ Iy higher. R steel stocks _did orthy, but the tendency ward higher prices. . Stee e e i iwituihe day finul of 118%. Its action had a ivorable influence upon s dependent 1cm|mmpé Repu Tron i Steel felt the effcct of short cov- e, and there was a_good demand +Himes for Colorado Fuel and Iron. \ fair sized upturn occurred in Va- Madium Steel when bids found the Tinrket bare of offerings avound the < closing level. fion in sugar stock was not metive as it had been recently, the anges in most instances were il South Porto Rico Sugar at their vy strength was subjected to fur- {her selling although it would appear \hat the Porto Rican Co., stand to lenefit through the crisis in Cuba re- eulting from the railroad strike. Pere Marquette below 341: lost almost a boint and the same was true of Cuba s preferred. below 401 mong industrial specialities Burns Rrothers issues stood out strongly al- though there was nothing in the out- side news to account for the sudden demand, Famous Players finally work- 0 above the Friday final while Gen- loral Electric ran up several points in the late trading. 1t point be- wre n ne The ma othing notew: Markets at a Glance YORK, (#).—Stocks steady; rails and utilities ad- vance. Foreign exchanges mixed; French francs at new low record. Cotton lower: weak Liverpool cables. Sugar higher; trade buying. Coffee .firm; firm Brazilian market. NEW bonds firm; DIVIDENDS RESUMED. Shaffer Oil and Refining Co. Votes to Pay on Preferred. CHICAGO, 17 UP.—H. M. & announces that s of the Shaffer Ofl and Re- . voted yesterday to resume dividends on preferred stock. This ne by decl l'nnnon of the regu- lar dividend of 1% per cent for the auarter ending June 30, payable July 5. No action was taken in regard to the accumulated back dividends in ]lY"f(‘Herl stock. Net earnings of the Shaffer Co. and lub<ld rle&x for the 12 months ended Febru 25 were $4.839.838, as against 32,367,565 a year back. BANKS® STANDTN{E GOOD. Ecuadorean Institutions Are Re- ported to Be Solvent. Juan Berberis. Ecuadorian charge d'affaives, was advised yesterday by his government that all banks in Ecua- dor are solvent and in good financial | standing. A cablegram to, Berberis said the zovernment had closed three banks be- cause of violations of banking laws, but that they remained closed only 24 hours. here has been o notice- able improvement in the general eco- nomic situation,” the cable said. April BUTTER IS LOWEB, CHICAGO. April 17 (®.—Butter creamery storage firsts, 301 DRY GOODS QU’IET Epecial Dispatch to The Star. NEW YORK, April 17.—Cotton goods markets closed the week quiet- Jv. with prices a shade weaker. Print cloths were quoted at 75 » | Hudson Mot (l). 9% [NY On & West. .. *NY Rys pf tofs. NY Rye ctfs sta. Norfk & Wn(48). North A (B3.40). North Am pf(3). NthAm Ed pf North Pac (5). Norwalk (1.60) Omnibu: Oayx Hos pf (7). Otis Steel. . PacONL(®)..... Packard Mot (2). . | Paize Mot(1.80). Pan-Am B (6)... Pan-AmWnB(2). Park & Tilford. .. Park Utah (60c). Pathe Bx (c2). Penn C & Coke. .. Pennsy RR (3).. Penn-Seab Steei. Pere Marg (18) PhilaCo (4). Phila Co pf () Phila& RC& T Prillips Pet (3).. Phoenix Hostery . Plerce-Arrow. . Plerce-Arrow pf. Plerce OI1 Plerce Petrol PIttUt pe(t1.20). Postum (4.40).. . Producers&R pf. Pub S NJ pf (7). Pullman Co (8). Punta Aleg Sug. 44 44 44 Radio Corpof A. 204 20% 20% 20% | Rwy St1Spr (4). 81% 3214 81% 31%/ Ray Cons Cop(1) 1885 140 188'i 188% | Readingrts..... 3113 3"96 81'5 31% | Reading 2d (2) Remtngton Typ 90 Replogle Steel. 132 Rep 1lron & Stee! 129 Rep1&Spf (7 Rey Tobac B (4). Robt Rels & Co. 1 | Rossia Ins (6) Royal D(a1.839). Safety Cable (4). StL & SanFr (7). Savage Arms (4) Seagrave (1.20).. Sears-Rn (3%). Shell Un (1.40) ... Stmmons(12.25). Stmms Pet (1)... Binclair Ofl., Skelly Oil (2).... South Port § (6). Sou Dairfes A(4) Sou Dairfes B. South Pac (8) Southern Ry (7). Spicer Mtg. . 8td Gas & El (3). 9% 9% 125% 1256% 1% 1% 18’4% 185 188% B4 4% 4% 3615 861 36 1064 106k 106% 19% 19 194 100% 101% 100' 86 Armour Il (B). Atchison (7). At Birm & At Atl Coast I, (+9). At! Gulf & WI. AtIGuIL & WI p? Atlantic Refin; Austin-Nichols. Baldwin L (7). . Balto & Ohlo(5). Bang & Ar (3).. Rarnsdall A (2). Beech-Nut (13).. Relding Bros(3). Bethlehem Steel. Beth Stl pf (7) Booth Fisheries. Brices Mfg (3).. British Emp 2d.. BKIn-Mn Tr (4).. Bkin Un G($11). Brunswick Balk. Brunswick Ter.. Burns Bro (10).. Burns Br B (2).. Bur Add Ma (3). Bush Terminal.. Calif Pkg (18). .. Calif Petrol (2).. Calumt&A (14%) Case Threshing. . Jent Leather.... Cent Leather pt. Cerre Do P (4).. Chand-Cle pt(4). Ches & Oh (112) Chi & Alton. Chi & Alton p! . Chi Pneu T (5).. Chi R & Pac. Chino Copper-. ... Chrysler Corp(3) Coea Cola (7).... Col Fuel & Iron. . Col G & E (2.60). Com In Tr pf 65 Com Solv A (4).. Com Solv B.. Congoleum-N. Consol Cigar. . Consol Distribut. Consol Gas (5) Consol Textile. Cont Can (16). Cont Mot (802) Corn Prod (2). Coty Ine (4). " Crucible St! (B). . Cuba Cane Su pf. Cuba Co (4)..... Cuban Am S (2). Cuban Dom!n. Cushman’s (8). Cuyamel Fr (4).. Davison Chem. .. DeBeers (A1.21). Deere&Co pf (5). Dei & Hud (9)... Detroit EQ (8)... Dodge Bros Cl A. Dodge pt (7).... Dome Mines (2). Dupont (10 Eastman (18)... Eisenlonr & Bro. Eleotric Boat.... Elec Powr & Lt. . EP&Lpf 40% (7) E P&L full pd(7). Elec Sto BnuM) 82 1224 122% 1220 122 7% 6, T % 10 104 10% 103 10274 104% 1027 106% 106 1684 158% 83% 33% 3e% 34% 627% 134% 182 132 127 16 16% 1% 4 33 27% 106% 167% 2i% 106% 106% 106% 156 157% 166 128 126 5 261 27 81': 814 4% 144 % 14% 195 196% 194% 195 109% 109'6 109% 109t 12% 12% 14'6 s A% 184 1 102 102 103 108 S8td O NJ pt(7 Std Plate Glass. Stewart War ( Studebaker (5) Submarine Boat. Superior Of1. Symington. Texas Co (3). Tex Gulf 8 (1 5 |Tex& Pacceo! % | #Tex Pac Ld Tr. 28% | Third Avenue Tide Water(1%). Timken (14). Tob Prod A (7) Transcont Ofl... Unotl (3)... Un Pacific (10)’. u“. Un Tank Car (). Un Tk Car pf(7). Utd Cigar 8 (c2), United Drug (8). 18(5- UtdDrg 15t(3%). Utd Ry Inves pf. U S Distributing. 3 102 1% 2915 Fairbanks Co. % 2% Famous P1(8)... e nsA. 1% 15K FedLight(*1.40) 2944 Fisk Rubber. ... 16% Ton Tew 6w Fret NP 18t19.44 97 97% 97W 97% Flsher Body (5). 86 854 85% Flelschman(2) Foundation (8).. FoxFim A (4).. Freeport-Texas. . Gardner Motor. . Gen Am Tuk (). Asphalt..... Gen Cigars (4) "s' 2% 2% 7 7 424 42% 425 2% 0 io1ss e ¢ etk 50 50 50 Gen Elec (c8)... 289 2918 288% "91 GenElecsp(80c) 11% 11% 11% 11% Gen Mot (112)... 116% 117:% 116% 117 Gen Mot pf (7).. 114% 1144 114% 114% {Gen Petrm (3 58% 08% 58% im GenRySig(t4%). 67 67 67 Gimbel Bros. 48% 45% 48% 4!% Glidden (2) 201 20% 20% 20 Gold Dust. 4% A 4% ey Goodrich Ru (4). 584 64 B52% 53 Goodyear pf (7). 101% 101% lDOVa 1oou Gotham pf (7) 99 Granby Consol ma i Grt North pf (5). 7 > Gt Nor Ore (1%) 22% 224 Grt Wstn Su (8). 03% 98% Guit States S (3) 67% 67% Hartmen (2%4).. 264 264 yes W (135 86% 86% Househd (13%). 4 43 Houston Ofl..... 61% 634 204 20% us 118 US!m II( (i’,fi). ). 1 (17) 11 Untv Pipe pf (7). Utah Copper (3). Util PEL A (2).' Vanadium (2).. ‘s D! Va-Car Ch ctt! Wabash Wabash pf Waldorf (1%).. Ward Baking B.. Weber (4)... West Maryland., West Pacific.... 84% West A B(17%). 110 Westinghse (4). 66% ‘Weston Eléc. Weston A ¢2). White Eagle (2). White Mot (4). White Rock (2). Willys-Overland. Willys 0d p£(7) . Wilson Co ctfs WoolwthFW (15) 1a1te 100 4y 98% 67% 67% 27 20% 20% 118 N Hupp Mot (1)... Tllinote Cen (7). ns Indep O11 (1) 224 Indian Refint; Ingersoll R (3 Inland 8t (2%).. Inspiration (2).. Interurh Rap Tr. Intcontl Rub(1). Int Bus Ma (3).. cents for 64x60s and 87 for 68x72s, the former a decline of an elghth. Raw silks were slow ai unchanged values. BN PARIS PRICES IRB.EGULAE 7 () —Prices moved the Bourse today. nt rentes, 46 francs 45 centimes. change on London, 144 ' 90 centimes. francs 85 centimes. quoted at 29 francs Three per times, SUSPEND OPERATIONS. TORONTO, Ontario, April 17 (#).— The Dodge Motor Car Co. of Canada and the Durant Motor Co. of Canada xuspended operations temporarily to- day as a result of the lowering of duties on imported motor cars. About 400 employes in the Dodge plant and €00 in the Durant plant were affected. COFFEE STEADY. NE \\ xum\, April 17 (P)—Conee min SILVER PRICE. NEW YORK, April 17 (#).—Bar silver, 63%: Mexican dollars, 483 Net income of Sinclair Pipe Line for 1925 was $2.804,866 after deprecia- tion, interest and taxes, equal to $10.20 a share on s”s 0%4.400 capital stock against $2.5 % or more than £4 a share in 1 .L A " |Kinney G R (4). ‘Worthn Pump... 22 22 Wright Aero (1). 28 2814 Yel T&C (T6c)... 24% 24% in Dlalidafld a‘.‘l‘.u.:hn'mm the -b‘".on llbl: latest quarterly or hall nlfly declaratl Nfiu otherwise nnufl. extra or special d"h S Lo 'Plfll! ilhl in . o in bretpres in Slosk Daable 1248 REO MOTOR EAMGS NEW YORK, April 17 P).— earnings of Reo, Motor Co. for the six months _ended February 28 were $1,850,408 after taxes and charges, equal to 92 cents a share on 2,000,000 % | shares of $10 par stock. PACKARD BUSINESS HEAVY. “NEW YORK, April 17 (#).—From the standpoint of sales and earnings, Packard Motor Car Co. i8 breaking all records, sald Frederick Alger, a -di- rector- of the company, on his depar-| ¢ | ture for Europe. “As far as Packard 1s concerned, I feel no apprehension re- garding the future,” he said. “The company. has more. orders on hand than-it can conveniently fill, and a3 Summer approaches thls situation probably will become more acute.” CRUDE RUBBER LOWER. NEW YORK, April 17.—Crude rub- ber, standard grade, was quoted at 47% cents a pound at noon today. This compares with 401% cents. Friday, cents & month ago and 4473 cents a Int Cement (4).. Int Com Eng (2). 44% 45% Int Harveser (l) 114% 115 Int Mer Marine.. 9% 9% Int Mer Mar pf.. 37% 38 Int Nickel (2)... 344 34 Int] Paper pt (7). 917 91% Int Tel & Tel (6). 114% 115 Jordon Mot (8).. 34% Kan City South.. 38% Kennecott (4) Keystore T & 4% 45 114% 1156 % 9 14% 115 8¢ 344 38% 381 b51% 62 1 624 lock tP A ins Plus 621 ady dan 7. 17 10% 10% 31% 31% Kresge 53(1.20). Kresge Dept S Lee Tire & Rub. . Leh&FInk otf(3). Life Bav (1.60).. Liggett & M (t4) Ludlum f2)..... Motniyre 1y 25 25 Mecintyre P ( Mack Trucks (8. 1074 108% 106% 108% MackTk2d pt(D). 104 104 104 104 Macy H R &Co.. €90 90 Magma Cop (3).. 36 Man EI Sup(434) Man El gtd (d5). Maracalbo Oil. . Market Street. Marknt Stpf. arket 8t prio Marand Oh (- Mathieson (4) | Maytag (2). | MetroG pr(1.8 ¥). 864 | et | THE EVENING 3", ! high-grade group and i { improvement | Western 4s wa |ing | Alton 3 {so prominent during the weck advances | Greek 7s. The | Hait! 88 Cuban Sugar bonds were not disturbed | Holland | awaited STA WASHINGTON, D. SATURDAY. APRIL 17. 1926. HIGH-GRADE BONDS | Cexew vorx BONDS s sxcmevs| GAIN IN TRADING Real Feature Is Strength of U. S. Government Is- sues Today. BY GEORGE T. HU Special Dispatch to The Star. NEW YORK, April 17.—Trading in bonds during the closing session of the week was confined mostly to the those issues which come just outside that class, where interest and principal are as- sured beyond any reasonable doubt, Ibut which do not qualify technically 74| s leal Investments. The real feature was the strength | In United States Government obliga- tions, two of which made new high vecords _for the year on a compara- tively €mall volume of transactions. One of these new tops was estab- lished by the fourth 4!, Liberties and one by the new Treasury 33;s, offered only a month ago and then at a price which many bankers considered high. The market showed thut Secretary Mellon's judgment was justified. In the railway list, Louis-San Francisco prior lien 4s were in demand and : were selling higher llhll! ever ific general 4s st time on this mov liere was a sharp run up in Norfolk Southern refunding o%. At 88, which was a new high for 1926, they were up four points on the weck. Here the was based on the ex- cellent record the roud has made dur- ing the past y Chid Great wnother boni in this | same class to gain ground toduy. Buy. also reappeared s for a fractional gain. had b held | ‘The local tractions, whic but further definite news, their ground, more by developments in the island. ) 63 fell off fractionally. Foreign bonds were steady. Ger- man 7s sold at the high of the week. HIGHER PRICES RULE IN WHEAT DEALINGS Unfavorable Crop News and Large Export Buymg in Winnipeg Are Factors. rine By the Associated Pres: CHICAGO, April export buying at Winnipeg. Unfa- vorable crop conditions in Nebrask: and mixed advices from Missouri. Illinois and Ohle tended also to li ft values. Talk was likewise cur- rent that there is virtually no re- subsoil moisture in_ the Spring crop belt Northwest and that | tant rains will be req ed to in- sure even an average yield. The opening. unchanged to 3, higher, Ma (new), 1.66 to 1.6 July, 1.41 to | 1.41%, was follow y o general ad- vance, with May going well above 1. Corn and S were responsive wheat strength. ides, there were indications of corn export business and of demand tor corn to be shi ped to the Pacific Coast at a much higher basis than the market for | Chicago future deliveries unchanged to 3 higher, A all_around. Oats _started May 42 to 42 showed some gain. 1, oft t 1o 3% Later all months In line with bog values and with | Anaconda 1st 6s. was | Anaconda cv db 7s. grain, the vision market firmer. prov BALTIMORE PRODUCE BALTIMORE, Apr Potatoes, 100 pounds, a. bushel, 1.50a3.50; beets, 3.00a5.00; cab- | gqy) Tel Py bage, hampers, 1.00a1.50: sweet pota- 1, 2.00a4.50; yam cauliflower, crate, 2.50a3.50; cucumbe 8.00; kale, bushel, ket, 1.25a8.25; peppers, cra onions, 100 pounds, 3.00a4.00; Spring onions, 100 bunches, 1.50a2.00; toma toes, 8.50a6.00: spinacl 20a50. e s HAD RECORD YEAR. NEW YORK, April 17 (®).—Pan- American Petroleum and Transport | Co. had a record year in 1925, net prof- its amounting to $27,335,994 after de- preciation, depletion and m\e crease of $12,150,000 over 1 was equivalent to $9.91 a $137,816,050 common stock, $50 par, against $5.67 a share on $133,826,700 stock outstanding the year before. Gross profits were 341.97\)19 . against 1,151 in 1924, Current assets of $53,497,794 included nearly $22,000,000 quart, in cash, Current liabilities were $16,- | 697,731 BAN’K OF SOVIET UNION NEW . YORK, April 17 (®).—The statement of the Bank of the Soviet Union, as of January 1, received by the Russian Information Bureau, shows a balance of $1,313,495,287, com- pared with $1,169,828,933 for October 1, 1925, the beginning of the Soviet fiscal year. For the same period the assets in bullion, coin, precious metals % land foreign Lurreno\‘ showed a slight falling off, being 504,433 January 1, compared with ;m 355,563 October 1. The internal state debt on January 1 was $257,465,000. ; st i ‘WOOL MARKET QUIET. Special Dispatch to The Star. BOSTON, April 17.—Raw wool mar- kets closed the week quietly, with lit- tle change in price quotations. Wool dealers find some cause for optimism in the fact that manufacturers’ stocks are low and that orders of raw wool material will have to expand when good demand picks up. PR SHORT-TERM SECURITIES. (Quotations furnished by Redmond & Co.) Ofter. 103 107 Bid Adiron, P. & Lt Cor. 0s 1020 1051 Aftiron P & Xha *1033. 100% Amar B!El 5“[31‘ fll;lD'l' 6 Bethlehcm Steel bs 1 Central of Georgla 0 Chi.. Mil. & 8 Ghln R 1wy There was large | in Chicago and French 8s. | | | Norway 6s | Paris. ~—Higher prices I Poland 8s here for wheat went hand in hand |Porto Alegrs 8. early today with indications of large | Prague 71 | Queensland 65 ! Rio de Jan 8s 1946 i is | i Opening | Am Chain 6s. 3% to 1 Am Smit & R 1st Gs 733, corn scored a material upturn |Am Smit& R 6 up. |{AmMT & T el tr4s.. * | Beth Steel 5138 53. bushel. 40205 | Cen Leath 65 43 cn' {Cuba Canecv 7s. I IChile 85 1946 |DEIn51s Nov 53. | Andes Cop 7s rets. | Armour&Co 4125 rf. | Armour Del 5%s. {Manati Sug sf 71%s. Raceived by Private Wire Mirect to The Star Office. | RAILROAD. Sales. High. 9 UNITED STATES. (Sales are in $1.000. Sales. High. lov\ Close. 3100 22 100 22 100 22 0 10217 102 14 102 14 286 100 27 100 26 100 26 Lib3d 41is. 200 101 11 10110 101 1! Lib 4th 41¢5 s 121 102 80 102 27 102 US4s 1944, 509 103 8¢ 103 31 10332 US4Yss2. 31 wu 107 31108 FOREIG! Sllel lll(h Low. Close., Argentine s Ju 9. 65 O8% 98% 98% Argentine 6s Oct 59 45 98% 98% Argentine 6s A . 0915 99% Argentine 6s B 98%% 98% Argentine 7s. 5 1014% 101'% Australian 6s. 98% 984 Austria 7s. 100% 100 Bank of Chtle 6% s 974 9% | Bank of Japan 6s. . 100% ‘Belgtu 84% Belztum 6% s Belgium 7s. Atchison gen 4s. .. Atlantic C L 1st 4s. B&OGold 4s.. B&Ocvaks. B&Oreths..... B&O1stbsect. Lib3ys, . Lib 1st 478 - Lib2d 4%s. Bklyn Manhat 6s. ., Buff R & Pitt 4%s. . Car Clinch & O 6s Cent of Ga 6s. . Central Pacific 4s. Cent Pac 1st 58 fil)..lfll » Chl & Alt 315 ctts. ChiB&Q1strt Bolivia 83, i Bordeaux 63, Rraz{l7s. ... Brazil 71 Brazil 8s Canada 6s 1931, Canada 631952, Canada 515 193 Chile 7s 1943 Chile 8s 1926 Chile 85 1941 CM&St P 4s 25 cfs M & St Pab 4s. CM&StPen 4s 8. CM&SPevdlss32ets z0 CM&StPgniks. 19 CMEStPravsct 14 10 ErnaalaBana @ Chi Union Sta 5s 44. Chi Unlon Sta 615s. C&WI5ks6y CCC&StLre 6 Cleve Term os Cleve Term 57 Cuba R R 58 Cuba N R 6s 6t Del & Hud cv 55 35 Den & Rio G cn 4s. . D& Rio G fmp & D Rio G West 5 ‘rie 1st cons 4s Chinese Gov Ity 55. Con Pow Japan 7s. . Copenhagen § 4 Cuba 5%s... Czecho 73 s rots Czecho 8s 1951 Czecho 8s 1952 ct. . Denmark 6s. . . DEI5%s Mch53.. Dutch East I 6s 62. El Salvador 8s 48 .. | Finland s f 63 45. | Finlana 7s. | French 7s. {French71; o= R rmure~ ~o e S ae S - Great North be. . eat North 5145 North zen Hud & Man Mud & Man aj 11-C-C SIL&NO 5a Int Rap Tran §s. Ger Agr Bank 7s Hungary 6% Tapanese 6. ... Jergens U M 6s 47 Lyon 6s. Marsellle ¢ { Mexico 4s 04 a 3 Mexico 4s 10 asntd. Momevxalo 7s. etherlands 6 \ord 616 Norway Norway Int Rap Tran Int & G Nor aj 63 Kansas City S 5s Kan City Term 4s.. Lake Shore 4= 8. ! Louis & Nash 7s. Man Ry 1st 9u Market St { Norway 6s 1952 {Orient Dev deb 6 Paris-Ly-Med 6! MK&TIsts MK&T4sB MK&Tadjss .. MK&Tpr MK&T6sC. Mo Pacific zen 4s o Pac 6 1565. MoPac6s49D..... Mont Trm ref 53 41. New Or Term 4s N O Tex & M in 5s.. NOTex&M5sB.. 2 NOT&MS5:s NY Centrid N Y Cent deb 5. " N Y Cent LS cl 3745 NYChI&StL 5% sA. NYChI&StL 5148 B New Hav deb 4s 56. New Havd 4s57... New Haven c d 6s. NY Ont W 1st 4s | NY Rys 6s65. . NY W & Bos 4355, . Nor & S gen 5s 54. . Norfolk & W en 4s. Northern Pac 4s. Northern Pacr | 6s short L en 5s 41 ¥1con 414 Rio Gr Do Sul 83 Sao Paulo 8s 1936. Sao Paulo 1950 Saxon (P W) 7s. Setne 7s42..... Serbs Crot Solssons 6s. Sweden s} ot. weden 6 Swins 515 194 Swiss Confed 8 | Toho Eilec Power 7s | Utd Kingm 5148 29 Utd Kingm 5135 |Uruguayss.... 108% MISCELLANEOUS. {Am Agri Chem 7158 12 104% 104% 18~ POy STSTE PR e 1 = -t o oo 88 —F o e e e Sa8leidd -k Am Sugar ref §s SOOI PR 08 - F O 1 S ' [AMT&Tsf5s. {Am T & T deb & Pennsyl gen Gs. Pennsyl s 64 Pennsyl 6%s. .. Pennsyl old s Pere Marq 1st 45 56 PCC&StL5sB75. Por RL&P 71s 46.. Rio G W 1st 4s. . Iio G Westcl 4s. .. RIArk& L 41s... St L IM&S R&G 4s. St L TM&S 45 29. StL&SFpl4sA.. StL&SFprinbs., StL&SF5%sD StL&SF adj |StL&SF incés. —03 mamtomTie N Soo Atlantic Refin bs. Barnsdall 6s ctfs. Tel Pa 53 B. 8 C Beth Steel pm 58 Beth Steel rf 5s. 92% 328~ 9 ca 54 Bethlehem Steel Brier H St 1st 5% Bkiyn Ed gen s Bkiyn Union 514s. Calif Pete 6138 1 834 1024 -~ |StP&KCShL 4., San A& Arn P 4s Seab A Liref 4s Seab A Ladj 58 Seab All Fla 6s. Sou Pac 4s28...... Sou Pacific ¢t 4s Sou Pacific ref 4s. Scuthern Ry gen 4s Sou Ry con 58 94. Sou Ry 6s 56 Southern %8 ‘Third Averef 4s. Thire Ave adj 5s... Tol St L& W 4s.. Union Pac 1st rf és Union Pac 4s 27 Virginia Ry 1st Wabash 2d Gs |Col Gas & Bl 6s. ... | Col Gas & E1 55 sta ! Commonwith P 6s. { Con Coal Md 1st,5s. ConGas N Y 5%s. . Consumers Pow §s. 9214 84% s 105% 4 110% llsw Cuba Canecv8s... Cuban Am Sug 8s.. Dery (DG) 7s..... e | Duquesne LI‘hl 6s. | Bmpire G & F 7%s Goodrich 6%s. . Goodyear 85 1931. . Goodyear 55 1941. Hershey 518. 8!": 89Y | 98% 1023 101% 1034 | 9914 | 83t 89% 994, 102% 1014 1027y 99k 9914 831 835 FOREIGN EXCHANGE. (Quotations furnished by W. B. Hibbs & Co.) Nominal Selling checks wold value. 48065 1 1021 101% 108% Illinois Bell 18t 5. Tilinois Steel 4%2s. Indiana Steel 5s. .. Int Mer Marine 6s. Int Paper 65 47. Int Paper 68 IntT & T 5%s Kan CP&L bs A 52. Lackawa S 68 50 Laclede G 5% 5: Liggett & Myers 5s. Lorillard (P) 68 Lorillard (P) 78 Loutsv G & E 55 52. ra 1o BRIBC BRI 1A Gl o e « Sty 1 000014 1 0001414 029615 2 N ORI Midvale Steel 55 Montana Pow b Mor’s & Co 18t 4 New Enf Tel 5s. N Y Edison 58 44 N Y Edison 6%s N Y Tel 4%s8 N Y Tel 68 41. Zlot; Copenhagen. "crowu. Ocl wii Hotm. NEW eign erown YORK (#).—For- mnhanges- quotations Great Britain, demand, 486 3-16; 60-day bills on France, demand, 3.343, Ttaly, 103% 103% 16% 116t 98 98 109 104% cahles, Dles, 4.023%. Demand—Belgium, 23.81: Holland, Sweden, 26, zerland, North Am Ed demand, 4. Nor Ohio T & L 68 Nor States Pow 58, Otis Steel TS © T SO P ST Y 3.69; German: 40.09; Norway, 9! 168, Denmark, 26.1 i Jugoslavia, Rumania, .45 i g s TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) [SSutwue 1 | e FEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sons. 1:30 P.M.) | Matunty, Bid, May 103 &% Av i ‘foledo gfln l:' nited Drug 6s. 'S Rub 1t £ 55 USSteel st Utah Pow & Lt b Vertientes Sug 7 rner Sug 7s 41.. West Elec b8. Westn Unlon Westinghouse 78 Wilson & Co 1st 8s. 417 17 Youngstn S & T'6s. 5 1031 108% lozu» 3| half hour 94 9 | lfiu! reece, | FINANCI Phone User to Get Chance to Air View Of Girl Operators| | Special Dispatch to The Star. BALTIMORE, April 17.—Tele- phone subscribers who nurse a grievance against telephone oper- ators have been given a formal opportunity to voice their plaints Questionnaires containing eight queries on telephone service and charges have been mailed to sib- scribers of the Chesapeake and Potomac Telephone Co. in Balti- more, according to A. E. Berry, president. They were sent out with stamped envelopes, with instructions to be filled out and returned for immedi- ate attention, One of the “Have you a make against th the present rates?” |COTTON RECEDES ON WEATHER NEWS Active Months Show Losses cf 11 to 15 Points at Close of Trading. queries is: Associated Pre W YORK Futures opened e; 15.00: October, nber, January, 16 sentiment reports of improved weath- ons for the start of op was evident in the cotton L 18.60: J and profit taking sellers checked th jaround 1851 for May and October, but the market was w 3 points of the lowest e fixing | recent better weathe weakness in ased domestic mjill curtailment unfavorable trade reports from nchester |a deciine of 1 to ady Lo 15.51 Cic 1560 Ih(— market er the open ¢ traded | Octobe 16.34 and December .o 1% points below 3 e the weather map was di meter lines showed indicati le unsettled weather in the West | over Sunday. At the end of the first | the market was steady and 1 to 2 points above the lows ton futur PROBE OF FERTILIZER TRADE BEGINS MAY 17 Federal Grand Jurvy to Meet in “s| Baltimore, U. S. District Attorney ‘Woodcock Announces. Special Dispateh to The Sta BALTIMOR April United ates District Attorney Amos W. W Woodcock nnounced that a | Federal g has been ordared| the fertilizer industry, in which | £250,000,000 combine is reputed to ex- that hut asserted 17, Mr. Woodcock v will convene May clined to make any on_the matter. | The order. which came from the De- { partment of Justice, was followed, ac- | cording to veports, by subpoenas for | the officials of 30 of the largest fer tilizer firms, demanding that they be ready to produce their company’s rec- ords when they are called for. The Government will try to deter- {mine by the impendinz investigation | whether or not fertil manufac- { turers have heen fixing prices on th product in violation of the anti-trust law or the Clayton act BUSINESS IN SOUTH i GOOD, SAYS E. L. NORTON Special Di h to The Star | BALTIMORE, April 17 {in the South is making steady i ress and merchants and manufac ture: are optimistie,” said Eugene ton, president of the Baltimore Tr ast i Co.. the largest trust company south of | Philadelphia, who has™just returned ! from a_trip to New Orleans. i tof good tim Mr. Norton continued, | Vis seen on every hand. boom—ijust healthful expansion. body is working and apparently c tented. Other cities and towns in the South also are going ahead at a satis factory rate. 1 was told. de- {sound to the core and the institutions are doing their full share in promoting trade, They are not disturbed by the 5 dc I Street. They know happenings there are due to unwise speculation and have not heen brought {about by any unfavorable develop- ment in business. HOUSTON OIL P’EOFITS NEW YORK. April 17 (®).—Houston | 10l of Texas reports net earnings of $571.680 for the first quarter this vear after expenses and taxes, but before | depreciation and depletion. This com- . pares with $584,802 in the first g of 1925, Gross earnings were 582 against $908.612 a year ago. DAIRY PB.ODUCTS BALTIMORE. April 17 (Special).— { Live poultry Young __ chickens pound. 30a40: springers, 50a38; win: ters, 45a50: old hens, 30a35: Leghorns, 30: old _roo ducks, 27a guinea fowl, each, 75a85; old, 33a50. pigeons, pair, 40. Eggs—Receipts, 519 cases: native and nearby firsts, dozen, offered at 28; duek eggs, dozen, 30a33. Butter—Good to fancy pound, 38a40; prints, 39a41; ladles, 34a B5: Store packed, 31: dairy prints; 3% 34; process butter, 36a37; rolls, 32a34. creamery, MINORITY TO ACT. NEW YORK, April 17 (P).—Mi- nority stockholders of the St. Louis Southwestern Railway, which is des- tined for inclusion in' L. F. Loree's new Southwestern consolidation, yes- terday indieated their intention of de- ‘manding more adequate representa tion on the road's board of directors in order to insist on favorable merger terms and the early inauguration of common dividends, 3\ | elected | was re-elected { institution {liams ana 1 » | With the { to convene in Baltimore to investigate | a the ! further comment | Sherman | Is “The banking situation in Dixie is| I showed AL. EIRA GOULD AGAIN SAVINGS BANK HEAD Washington Mechanics’ Adds New Director—Today’s Local Trading. BY EDWARD €. STONE At the annual meeting of the sto, i holders of the W shington Mechanics vings Bank Gould w president R. H. Bagl vice president of th: the same tine T. made memb f th | board of directors and the followin, directors were ye-elected to serve fo the ensuing year R. a and At Groom ] Groo, ford, ¢ Dr. Edwin ¥ bert, John pone White, P, Wolfe re-clected and Baghy Wi The offic Messrs. Gould Groom, Offutt, Buckingham, The bank has growth since jis 4 comparison of posits of $ other tha estal most pre Trading wound up \) light sales which first Me: was roved fr f 104, off half + poin d Pe also a ing at 1oz, led in 65 operted at 14 {and on ed 1021 { Commission. the street | ihcome for the month wa \\mh operatin |were s 4 {to $30.866.5° differance Tauded the rve systen deast last Anu educati Jjeet vo {He jlions in r dthougi < held by the mer {ber banks. | Mr. Bover |h.. very impe e in this di tie clearinz sank. whick hecome enor v it [serves Wish |mous. The system p {cial mobilization fore known In conclusio President Coolidge has prove: in times o Dividend Checks Sent Out. the Union Finance were recelvir Stockholders t 1410 H s t i checks today covering the twenty- third quarterly dividend, at the ra {of 5 per cent per annum on the cor pany’s preferred stock and 40 cent per share per vear on common stoc T tement m: d with the check !shows added improvement over the The i . Ward. vice p A comy half of the themselves announce ‘\\mlu a and the Nat {that the issue Inc.. 15-year 6 per o | 20ld debentures (with stock p d by them. ha subscription books closed Fwarrants) of Lily . Blundon hat the firm and that ihe more than $16 {the past ye .pu«ulem_ the offic William €. Zimmerm: l’mv William Cla *. Gertman, James L. Pierce, rles W. the president. adaition 1o elected inc Alexander i Georze William There is no | ! Jo secretary |urer, were | affairs of the suing v New York Deposits OO, A review of recent devele ents ¢ York, made by the .lexan | Hamilton instituze. declares that de posits In hanks there have declined 1 $200.000.000 in the first quarter of the ! vear. Outside ban ing funds | for use { The calli in for | some pa L(| anticipation ¢ profi | Fall and Winter, the review s This review is of special inter hington in connection nk dated April gains M. Emmerich, treas 1in chosen tz. Sirect the ciation foe the en s have heen withdraw k borrowers ade finanecing been a factor . but as been du $5.000.000 in bank dey ) {ington during the past three months Phone Checks Received. | An unusually larze number of co porations _distributed _dividends their stockholders during the | week. Local shareholders of the Ame. ican Telephone and Telegraph Co. re ceived their share of the disbursemen When the company mailed checks dis tributin u share on the 9,200,00 shares of common stock for a total o nearly $21,000,000. The United States Treasurs sent out checks on the 15th cove It the interest due on the fourth Libert lloan, as usual, thousands of thes: | chect received in this city o the first mail on the first day after the intereset was due. Regord of Week's Failures. Some increase occurred in the nun ber of failures”in the United State- this week, a total of 435 being reporte:! to R. G. Dun & Co. This compare with 401 defaults last week, but i- only slightly above the 430 failures vear ago. The increase this week over the figures for last week is du to larger totals in the East and on the Faci /