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FINANCIAL [ rade Has Reached') (0A] | AND BANK HAS ANNIVERSARY National City Bank | Today Marks Third Year of Potomac Institution—Lan- ston Is Active. ® WASHINGTON I N NEW YORK BONDS STOCK EXCHANGF.I Received by Private Wire Direct to The Star Office. Sales. High. Low. (‘lose. 1 107% 1074 107% 5 106% 106 _ 105% 14 105 106~ 105 7107% 107 107% 2z 81 81 81 « 2 110% 110% 110% « 91 108% 107 107 908, 90t 96% 96 4 100% 90" 185% FINANCIAL. i THE NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office U STRIKE INENGLAND SENDS LIST DOWN News Which Might Have Caused Panic Oniy Further Unsettles Stocks. UNITED STATES. ! (Sales are in $1.000.) Sales. High. Low. Close. + 12 100 25 100 23 100 25 2100 10,100 10 100 10 10224 10221 10221 100 27 100 26 100 26 99 101 £1 101 10 101 11 224 1037 1034 1037 61 1019 1015 :g: u 10 104 15 104 12 . 25 10815 108 11 108 13 g;‘r:ill’;n;lfl"‘:.! .. | % , FOREIGN, . Low ciose, | Southwest BeliBa. Argentine 65 Juso. 11 98t 98% 98% |SUS e Argentine 8s Oct 59 34 98 98's 98'% | Tenn Elec Pow Argentine 6s A 22 98y 98% 98% |Toledo Edn 18t 7, Argentine 6s B 9 98% 98 98% ! United Drug . Argentine 7s 29 USRublstrebs... Australfan bs. 40 101% 101% 101% 98% 984 981 Avustria 7., 20 101 100% 101 Bank of Chile 6%4s. 48 98% 93 984 Bank of Japan 6s.. 14 100% 100% 100% | Belgtum 6s 82 Belgium 6% s 20 Belgtum 7s Belgium 7348 Belglum 8s. Bolivia Bordeaux 6| Rrazi] 7a. Brazil 7%s Brazf] 8s. Canada 55 1931 Canada 55 1952. ... : Canada 6% 1929 llsewhere in the foreign group |Chile 7s 1943 rench issues were steady. while the | Chile 851941 90 | Gierman 75 at one time were fraction- | Chile 831946, ... .. 119 |ally higher. Polish honds were heavy, | Chinese Gov Ry 5s. 517, (4nd the Gs at 66 duplicated the pre: |Con Pow Japan 7s “2!Vious low. There was good supvort [Cuba5%s 324 | for the South American obligations. | Czecho 7345 rets 34% | Bogota 8s, above par, were at a new | Czecho 8s 1951 3914 | bigh. ¥ Czecho 851952 ct. . | In the high-grade domestic divisi 47" | the feature was United States Steel | Danish Munte fx A. sinking fund which, selling m..nqn"" Llbibiobbiatie ! at the highest in Buy- | Denmark és. . ing evidently was also for DEI5%s Mch53.. ol biaa D EIn514= Nov 53 ment unt, inasmuch as the dr 2 g s for redemption at 110 are ov b"!ch East16s47. wr, and will not be a market | Dutch East 1 6s 62. ot in_until next Spring. The |BlSalvador 8s 48.. 79% | record for all time for th ue was |Finland s f 63 45. 7% | made in 1909 at 108%;. ted States |Finland7s.. 83 | Government obligations were just|Framerican7ts.. 37% 1 ahout the same. French7s... The Marine s were the mosi French 7%s. | tive of the speculative bonds. They | French 8s. sold in large volume between 93 and |German EI D 618 94, receiving better support than most |German7s. ... . traders had anticipated. Lecal trac- | Ger Agr Bank 78 ions were heavy. the Interboro issues | Ger Gen Elec 7s. were down fractionally, and so were | Greek 7s. . Brooklyn-Manhattan Transit 6s and |Haities. ... . | New York Railway incomes. Among |Holland Amer 6 industrials American Sugar 6s were | Hungary 6% off a point. s g A" mew issue of $3.000.000 Agricul | JY TRl ture Bank of Columbla s, priced at | 'ya BICECE 6%, 9% | 94, is expected shortly. Today's offer- | yoroo 5y N6y’ i | inzs included $6.000,000 Utica Gas and | g EES ic general b8 due 1956 at par| & 4 Marsellle Gs. . 0,000 Minnesota and Ontaric e oot -year 6 per cent notes also * | Mextco 45 10 asntd Open 71t 21% 94% Pub Serv Elec 6s. ... P ServGas5%s69. P Serv Gas 518 64. Punta Alegre 7s. .. Remingtn Arms 6s. Saks & Co sf 78, Sinclair OIl Sinclair O11 6% Sinclair Of1 7 Sin Crude Ol1 By the Associated Press NEW YORK, M 3.—The month of April has continued, on the whole, the good record for business made during the first quarter,” says the National City Bank of New York, in its review of general business conditions. “Seasonal trade has been greatly handicapped by the late Spring in practically all sections of the country, and the stock market de cline has had a sobering effect. * * * The market’s action indi expectations have been pitched too high. We have now, however, come down to a more normal pace, one that gives greater ussu of the continuance of stability YoungstnS& T 6s. 10 COTTON IS STEADY i Atchison adj 4s. 5 R7% ; { i Lib 3145, Tab 2d 4 Lib 1st 43,5 Lib 2d 4% s. Lib3d 41 Lib 4th 4145 US3%s S 451944, USigs ay 18 25 160 5 8 20 5 5 29 57 BY EDWARD (. STONE. Today marks the third anniversas ! of the incorporation of the Potomac Joint Stock Land Bank, which hi headquarters in the Woodward Buile on Fifteenth street, and s chartered May 3, 1523. The orix 1 capital stock was $250,000, full the last meeting of the n_increase of $20.001 anthorized. George A. Harris, president of the bank. states that only $50.000 of the new stock has been needed up to the | bresent time, and that this amount has been absorbed by the presen stockholders. None of the new stock therefore, has bLeen offered 1o public. The bank now has $4.000,000 farn ne and has outstanding $3.000.00 Federal farm loan bonds. th volume of business necessitating the Market More Impressed by | ;7 e in capital siock. n adaicio Poor Weather Than the | sdding & S\fl,::’;.:‘rz‘firl fn::.:.':v:ll\” sur British Situation. plus, the local bank has been on a % market s reat Utah Pow & Lt 6 Vertfentes Sug 7s. ‘Warner Sug 7s 3! West Eleca...... Westn Union 643 Westinghouse 7s. . Willys Ov 6%s 3; Wilson & Co 1st Winchester A 7%s. 16 war . Inland St (2%). . i % | Inspiration (2) 18% ! nterurt Ran Tr 90 | Intcont] Rub(1). Internat Acri. . . | InAzCprpecr) Int Bus Ma (3).. | Int Cement () Int Com Ei ). 434 | Int Harveser (6) 117 | stockholders i ostock w 1151 115 18% 90 | 40 26 1214 34 13 + nation ulm.. 92 16 111 8 1 9 15 . 17 9 40 26 1214 24% 99%, 102 103 O 1014 101% 104% 104% 1024 102% 101 101 1087 108% 108 108 431 434 a2ty 924 101 101 977 977 101% 102 101 101 5 110% 110% it 11l 103 102 102 1041 104! i047: 104" 106% 106% 86 86% o1 97% 90% 90% 901, 90% oKl 98% 102% 102% 8es, 89 1024 103 973 97k 9% 97! 97 801a 96% 4% 87 94 105 85 85 27% 278 27% 42 42 99% 100 | 103 104 | 804 S0% Atchison gen 4s... 562 92% Atlantie C Lcl 4s.. 37 AtlanticC L 1st4s. 2 AtlanCL 4%s864.. 12 Atlantic C L 7s 2 At! & Dan 1st 43 4! 904 120% 69y atne | ol | per cent dividend basis since July . 192 The progress of the ban three years is most gratifying to t officers and directors Lanston Is E Lanston Monotype stock was leader on the Washington Stock 2 16 M {vhange today when the week's tra 3. The market seemed to be|opened nety shares changed hands< impressed by unfavorable|during the session. The stoch reports than by the British |opened at 855, for two 10.share lois troubles at the opening today.|dropped to 8512 on the next five trans cables from Liverpool were | fers, involving 50 sh and_closed weak, but there was a sharp re-{at $5% on the sale of two 10.sha covery there, and the local market lots. Market observers laid most opened steady at a decline of 3 I"fl"l‘”)w activity in the stock today to the 1o an advance of 1 point |approaching annual meeting of the There was a good de company in Alexandria, at whici at the start, and prices held very|time earnings are expected to he steady during the first hour. May !reported as about the same as last 1 seliing up to 18.68. or even with Sat-|vear irday’s closing quotation, while later | Stock of the Capital Trae » Ches & O en 414s. deliveries showed net advances of 3ipeared on the I-’Arrl 3;;::;"‘?0;3'\ Chi& Alton 3s..... 9 to 6 points, with October selling at|when three deals totaling 32 shares Chi & Alton 216w, 2 “ £ 17.37. were recorded at 1031, the price hi B & Qgn 4= Liverpool was at-|being'the same as prevailed last week Chi B& Q 1st rf 5. tributed partly to American buving.|Ten shares of Riggs National Ban “h1&ETenbs. while the early decline due tofstock were sold at 453, practicall |71 Great west is liquidation brought in by the British |unchanged from the last sale. One {CM&StP4s 25 industrial crisis. Private cables re-isale of Norfolk & Washington Steam M &St P45 ofe ported a poor demand for cloths and |hoat Company's stock was recorded CM&StPdb4s. .. varns Manchester and said that |at 280, V&SP deb 4 cfe caleutt s was suspended be- | The bond department was ~M&StPgndst cause ¢ oting. much neglected, two sales in CM&StPovar NEW 3 —Steads pr Traction being the only CM&SPevA L8220ty hased o the Doution. tiong g AM&SEP 2 41 tracte throughout the day 2 | FMaStPratiser 14 fom Shturdar. compared with a 5-point 1 TN amT T e (o el 46 9G% | M & StPevbe Decomter: which ciosed at the bottom. | The spring meeting of the bhoard 100" 101 |~ M RSED 6o, vernors of the Investment Banker Association of America will convene 101 101 [~& g o NN {in White Sulphur Springs. W. V. OLU101 ) bt | from May i1 to 15, inclusive. As has o ibeen customary in recent years, the | former officers’ and governors will he in attendance in large numbers. The more active committees of the asso clation will be in session on Tuesda: 11, that day being given over 16 January. 16691 tirely to committee conferences. ) Market was steady notwith- |~ The practice of the commitees standing poor Liverpool cables due{call meetings simultaneously with the to the strike situation in Great|zovernors' session is one of the grea Britain steps forward which the ¢ rst trades showed 2 loss | has made in recent years. point on July and gains of bers of the committees are scattered | points on new crop months. Prices | over the entire United States amd | eased off a few points_ after the|canada.and the work s carried on at call, July trading to 17.75, October|long range without opportunity. fo at 16.88 ‘and December at 16.68, or|discussion. The May meeting fur to 4 points under Saturday'sjnishes an excellent chance for chai close. Toward the end of the firSt men to bring their members into cor hour prices rallied a few points on|ference and these conferences muhe the weather map showing rain in the | jossible greater co-ordination of belt. Trading was limited. forts. 3214 3 34%, 0% 14% 99 ot R &Oref 5e. B&O1stssct B&O6s R&Orf imp {P&O0PLEWYV 4a. R&O Sw Div 55 cfs Pklyn Monhat 6s. Buff R & Pitt 4% Can Nat 1 By the Associated Press NEW YORK, M futures opened steady July, 18.21; October, 16 January change Leader. i | Deceni- W e more weather or rly Canada South 58 Canad North 6% Canad North 7s. Canad Pac deb 4 Car Clinch & O Fs. . ar Clinch & O 6s. Centof Ga51s, Cent of Ga 6s. Central Pacific 4 “ent Pac 18t £ 80, [Thes & O cv4i4s. 89 of buying 1037 ch le rally in on 16 274 (135 28 18% 13 23 83 12 10 100 | paper par transac MARYLAND TOBACCO. special Dispatch to The Star BALTIMORE. May 3.—Receipts o < Maryland leaf tobacco the last week fell off to 53 hogsheads. while sales /mounted to 117 hogsheads of the hogsheads were set ! May inspection Paris-Ly Med 7s. . Quotations today at the State to- | papis Orleans s, . warehouse for Maryland leaf Mpery 73 cco per 100 pounds: Inferior and| poiand firm leaf, 4.00a9.00: Sound{ poland 8. .. ... and green 10.00215.00- | Porto Alesre 85, . mmon. 16.00a25.00: nieditm | Prague 7%s. .. - 0; good to fine red, 3600 o meds 50022 alang e o (5 e 3100035 00 uppercoun, | Rlo e Jan 88 1345. S voun | Rio Gr Do Sul 83 00240.00: ground | ga paulo 85 1936, ! Sao Paulo 1950 | Suxon (P W) 78. | Setne 7s 42 Serhs Crot Slo 8. . Sofssons 6s | Sweden 518 ct. Sweden 6s Swiss 5% s Toho Elec Power of rly sold | Norway 6 but some oryent Dev deb 6 aside for parjs.T,y-Med 8s. October December January New Orleans Quotations. NEW ORLEANS, Ma ‘otton futures opened steady. bid: July. . October, 3; 95% | Chi T'n Sta 414a. 6% | Chi T'nfon Sta 88 !~hi& W Indends.. 1 100% 109% |~ & w51 964 964 | CCCR ST, Re, .. COCR ST 6 AL wlr&s1etasne. [ Folo & Son 414w, . 4 {Cnba R R 5. |~uba RR71 ,|cuba NR 6366 4| Mel & Hud 18t re ae. 1] Del & Hud ev 635 23 907 91i | Den & Rin G on 4« & 85 D& RlnGimnSa. 1024 102% | D Rin G Wes* 6a 10414 1047« | ©'rfe 1t cons 4s. . 104 104% | rirte men 4s. . . 921 924 | Trie conv 4= A 71 |vrie conv 4s B 117 17'x | Prie conv 48 D. 103% 103% | Frie & Jersey 6 | Utd Steam Copen 6 90 90 90 |rris Genescee R 6. {Uruguay 8s. 2109 108% 109 | | z s10... Iron fabr! Bethlehem d Tilinois 8 suflicient to relay The road common L of 1 1014% 105 S 1031 1 95'3 B8Y | leaves. new. 15.00a an, <. |SPRING PLOWING ADVANCED. 42 | Special Dispateh to The Star. 2| NEW YORK, May 3.—W. A. Me 61 zle. president of the Duluth, M 264 | sabe and Northern Railroad, said today | 17 | that Spring plowing in North Dakota 145 fand Montana was two weeks ahead of {Tokio 5a. . . . 20 !last year. tle said farmers were 100k- | ygd Kingm 5 5% | ing forward to a banner vear. 14 | o FEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sons. Maturity Bid K cult (4) < Res(3) 1 Nat Dpt Stores. Nat Distillers. . 10 | Nat Lead (8). 18% | Nat Pw&Lt(40c) 10 at Fy Mex 1st 16% | Nat Supply (4) 9 up nf (7) 16% | Nevado Con (1) 69 NV Canners(e2). 126 | NY Central (7) 110% 110 110 110 [ NY Chi&StL(11) 48% 48% 454 47 |NY Dock.... 86% £6's £613 86's NY NH & Hart 981 981, 98 98 Y On & Wast 441 44% 445 44% | NY State Rys 48% 4 48 48 | Norfolk Sonth 2%, E3% 5 821 Norfk & Wn(#3), 43 43 43 | North A (BR2.40) 325 33 R1% 32 |North Am pf(3) 224% 224% 224%-274% | North Pac (5) 146 143 1443 | Norwalk (1.69). 22y 33 | 112 112 |01 Well Sup (1) % 571 B71;|Omnfbus...... . Sl e | Oppenheim (3). . e 68" &1 op |OtisFElevator(s, {Com Cred (2).... 20% 29% 2015 20y OtleStecl...... | Com Solv A (4). }gg“ :gg‘ ;;zg {zg | Outlet Co pf (7) S s T e | owens Fot (+4) 15 {owens B pf (1) CongressClgar.. 42% 424 41% Al oo o Consol Cigar. 3% 53% Gl 51 prdian et Cousol Distribut. 8% 3% 3u 9% 5o oyarg Mot (2). 7nsol Gas (5).. 934 9l 914 |5 re Mot(1.80) . | Consol Taxtile 2 1% = TEEEEER {Cont Can (16).... 73 St gt ) e anE @ | Cont Insur (8) 2 { z -AmMWnB(2). { Cont Mot (800).. 10% 107 10% Eap AoB ), 10% | ! Corn Prod (2)... 38% au% 38 " gaex | [ATNARIC e | Coty Ine (4) B0 50 48% 484 ponick & Ford. .. Crucible Stl (5). 67% 678 €6 661 | Lo O (AT ructble pf (7). 99% 99% 994 991 | pall T YA - CubaCaneSugar 9% 9% 9% 9% | IR el | Cuba Cane Supf. 41 = 41~ 40% 40\ 00 Gl () Cuba Co (4)..... 46% 4% 45 45 | pdilNarg (18) . Denmark, *|Cuban Am S (2). ;;. 2 24% 25| pere Mar pt (5) Spain, 14.3%: Greece, | Cudahy Pkg (7). 6,; ol o5 95 |PhilaCo(4) 10.50: Czechoslovakia, | Cushman’s (8)... 5 Te1' 95 1% emnmamciki: 15 Austria, | Coyamel Fr (4).. 4! sy !Phil!:w Morris. Arg : 3615 361 34% 3414 | Prillips Pet reentina. | pavison Chem... 364 (I8 A A emers okio, 0614 | el & Hud (9) o ‘ 31, g 1341, | Plerce-Arrow. ntreal, 100.03%. | Dol L& Wa (17). 1841 184% 1341 1341 | Fletee 400007 Detroit EA (8)... 129 129 129 | Devoe&Ra(2.40). 36% 364 26 36 g;i:i:g“m | Dodze BroaClA. 28% 281 274 28% | Dierce O bl | Dod C.o. B2 €2 %1 lisni | Pietce Ebtin Dodgept (1)-... B2 (0 Yo% 127 PittsCoalpt.... 73k The report| Dome Mines (2). 21716 2174 209 211 | PIttULPL(+1.20). 19% <change for last!|Dupont ““‘{ 5 e Ao 102 192 } Pitts & W Va (8) 1031 in exports Dupont deb { 3. 115% 115% 115 115 | Postum (4.40). .. 83% the previous | Duquesne pf (7). Y v ettt o 109% 100's 109% 109% | prod & Refiners.. 1314 26% 26% 26 26 |pubSerNJ (5).. 79% The shipments were made | Eisenlonr & Bro. 13 13 { Pullman Co (8). 168% 7,818 bushels of w . 102 ec Po\\'erfi(l:l)< 1:7{""1 “1)?{" Pure Oil (12).... 27% of corn. 69.846 of oats, 69.301 of' |k P&Lfull pd(7 3 3 el bariey and rve. Against | glec P & LPI(T). 93% 934 3 ',?:,%‘:g;?&i‘;_ ‘z‘: 100 barrel exported the pre.| lec Refrigncfs, 66% 66% 64y 65y |Radlo Cpr(Sie). 48 vious week, barrels were ex-| kiec Sto Bat(té, 77 kid 4_7' ki | Ry Cona Cop(1) 12% ported last week, EndJohn (5).... 671 67 6 |y Cons Cop e Among other articles shipped for-| Equitable pf (7). 101 101 101 ESEED iin were, 4.894.963 pounds of copper | Erie R R.. 3l stw 0u g0 Reafing ot (5 2300 tons of steel rails and 42 tons |Erie1st pf. 391 :v‘.‘u 3% B8 | gion Type. of pig iron Erle 2d pf. 34 TR et e S 48 47% 47% Rep Iron & Steel. | Eatrbanks (B3 - A e 116% 1168 11745 | Ry Tobac B (4). | Famous P1 (8). ey ok RO | FedLight(s1.40) 81" 81 20% 20% RossiaIns (6) i | Fea Min & Smelt 89 69 69 69 | Rovdl D(al.339). ing power | peq Minpf (1).. 76 75 734 734 |satety Cable (4). EVENING STAR, | i 5 Abltibl Pow (4). 131 75% 72 72t GrtNorth pt (5). 72 1% N Adams Exp (6). 111 111 109% 109% Gt Nor Ore (1%) 21K 21% 21% Advance Rumley 12 12 12 12 |Grt WstnSn (8). 94% 924 92% | o Ahumada (11).. 8% 8% 8% |Green Canan 10% 0%l AlrRetvotn(16) 1114 112 19 SQuantaramo. R L% Little Concern Shown Over ax Rubber. 9% o% 9% %! o & . 21 | Atbiny Paoe: Y o7 271 (GUM &N bf (6). 99% 99% | S G Aln‘o:'r:.:::.mu,'_ 1?;"‘ J?‘,: 1?3‘/. 1147 | GuIf States S (o) 67 e General British Strike in Allis Chalm (6). 82 82 82 |Hartman (z%;. 2674 26% Y : Amerada (40c) . 25% 25% 26% | Hayes Wheel (3) 34% 844 Today’s Trading. Am Agricul Chm 17 16% 15% Househd (v . 42 | . — Am Agri Chpf.. 56 S5% 56 Houstonoll.. 5814 58% | —_— - Am Bank N 1.60. & 37% 38 | Howe Sound (3) 314 30%, | " 3 BY STUART P, W aonomh. 20 20 | Hudson Man21 39 885, | BY GEORGE T. HUGHE! ateh to The | Am Brake Sh (6) 118% 118% 118'% 1181 | Hudson Mot (3). 69% 67% | Special Dispatch to The Star. 2W YORI, May 3.—Today'sstock [ A BrBovEI) ‘sow i 5 A 3 204 NEW YORK, May 8.—If there was was chiefly intevested in the | Am Can (2. ... 451 45 43% 44 |10l Cen (T).. 110 1143 118 1184 | any concern In the bond market over f the cconomic er Am Car&Fdy (6) 931 931 92% | indep Ol (1). ... 2% 54 | the British situation today it showed nd. In the old times, before | AmChain A (2) | 241 241 244 S04 | Indian Refining. . 10% 101 | itself rather in the falling off of so sensational an eplsode as| Am Chicleefs3) 33 83 Gl | business than in any lower range of strike would have| Am Exnress (6). 115% 115 o ‘im-u‘esv The general tone was easer, caused a apour of English-held | Am & For Pow.. 1814 18% 23 | but not significantly so. Afieiican sccoritics, DButiGuring et nen 14% | The only direct effect of the strike war and post-war periods what migh t Lea.. 9 9 B | s S e described loose holdings of | Am Hide & .nf. 42 a2 5..”‘;!:“!‘:_““ ;:h:;d(‘,'fi ;&;fixzf!lgrfl\m:;e \merican stocks and bonds were thor- Am Home Prod. 26 ;fi “ 43 | Rty InveatniEnt 0 [):{\'Jfl;l(‘ S ughly taken up and the greater part | AmTee (+10)....12%8 1 b, | Sy Iny I e dated Loy - 3 i A e i % were s Therefore, there was no great | AmLoco (8). ... 97': 9 (ntMtchpf(3.20). 61% e smont of foreiznheld bonds and | Am Metals (4) 1 50 0% 604 EOC|int Mer Marine. . 8 8 |issue there were mo large transac 10 be sold today. Stocks went | Am Radiator (4) 110% 110% 109% 109% | 'ne Mer Marpf.. 4% a4 |1ss & s lowe: with declines of a peint to a Am Py Exp (6) TV 7% !"\' Nickel (2) 34t point and a half at opening. with ulAm Safetv R (3) 46% 4 4 j'nt Paper. 47 partial rally midway through the|AmShin&Com. 91 9% | Int Paper 2d pd forenoon, then with a fresh drop. | AmSm & Ref(7) 118 118% 114% 116 |intl Paper pf (7). the news which mizht have caused a | Am St Fdvs (3). 1 40 405 it Tel & Tei () nanic 12 and 13 years ago simp! Am Suear (5). . 1 67% 68 Intertype (113). ed to the unsettlement which had ap-| Am Tel & Tel(9) 146 146% 146 I'l‘f‘ Tewel Tea....... peared in the Wall Ntreet situation [Am Tobacco (2). 118% 116% 114 5% | yordon Mot (3) toward the end of last week. Am Tobac B (8). 11415 1147 114 - 1re There was no heavy selling of | Am WaWoel.20 49% = | Kan City Soutn. . bhonds. This portion of the market|Am Woolen..... 261 25% K "\_GI:‘*{‘_:‘Y;KVS. merely slowed down. with prices some-| Am Wool pf (7). 72~ 77% o o what Jower. but not noticeably so. The | Am Zine. . 7% ™ '§e necott (4). wenkness in stoe hecame more pro-| Am Zine nf. 304 iresse 55(1.20). nounced in representative issues like | AAconda (3). .. 47% Lambert Co Fnited States Steel and Aot} A alE i) e | Lee Tire & Rub tors broke quite sharply re \\:l_\I :rmo"r ;:!A (2) |3|‘ eh&Fink ctf(3) n severe decline in General TN by, ""“‘-- ol Lehigh Val(31). Other industrial issues . were off aj (T80 COR (D 1 Liggett & M (14) point to 2 poi Despite the favor- | :;:n"(‘_" f&‘r“‘ ;_“' |Lig & My B (14). hle report of Auaconda Copper, the | k"l‘mlon'(;) e i | Tima Loco (4). opper and smelting shares joined llv{ Atchison pt ['5). the "f',' )n}vHII.M“ 1 stocks were alsol 4y Birm & At e s aoavos) in ol Motorks Sliiun ] SHSMICCITHS | Cortllaracay. advance 0l stocks, Whid @ : Lol had looked promistng last week for yl‘ Atlantle Refint. 1775 117%-111% 1131 | Lomi2iana Ol time, was quickly checked, The rail | ytiaq Tack. . 10, M0 10 10 |1onisainetie) group had Its proper share in the gen | Austin-Nichol 16% 164 16% 16% ! Ludlum Stee! eral decline. was off nearly | yustin Niepf(7) 85 85 85 85 » points and New York Central over a | .| \rcroryB(1s.60) point and a h Chesapeake and{PAIIWINL (7) . 104 1041 10214 103% | \ToIntyre P (1) % Ohio was dow and so was|BaldLocopf (7). 108 108 108 108 |\rack Trucks (). 116% Fivle Airst wreter [Ralto & Ohfo(5)." 874 874 864 86 |\ney HR & Co.. 611 & As the N wenti the Palto & Oh pf(4) 69% 69" 69y 69'% Magma Cop (3).. 38 s Steel | Bang & Ar pf(7). 100% 1001 1004 100% | yrallison & Co... 19 General Motors | #arnsdall A (2). 26% 26% %5l 25 | \fun El Sun(4%) on and Baldwin | BarnsdallB(2). 24 24 24 | Man 1 gta (d5). omotive was off some 3 points. | Reech-Nut (+3) . 57 57 | Maracatho ol - Hudson Motor was heavily sold as it | Beldine Bros(3). 3% 33 ! Market St 24 pf. Troke 67, and so was U. S. Rubber as | Bethlehem Steel. 40 38% | Marland On (4). 1 sank below 60, ey o Ay | ariin Roek (2). The low prices were made in the | Briges Mfz 274 27 27 | Martin-Parry T e o the 'face of the | FkinEdison (8). 138% 128% 138% 138% | May Dept St (5) . A e Amaconda Copper profits |BKIN-MnTr (41, "64% 65_ 62571 64 | MetroG pf(1.89) of $11.000,000, the stock was|Bk-ManTpf6). 84 84 84 84 |\fexican Seabd freely Tt was off some 3 points. | BKINUnG(ND. T1&% 718 71 71 afami Cop (1) ) o Egm‘m :T"'r'"‘ 1%:;'7 1‘0‘:“‘ zn';u 13;\ | Continent { Brown Sh pf (7). 108 3 9109 | arfadle States 1 SOUTHERN'S RAIL ORDER. ' |Brunswick Ter.. 124 121 12% 12| lidland pf(+10). 1141 YO! Mav 3 UP)—The |BurAddMa (3). 86ls 86l 85 85 |\ller Ratrs(2). 3 S O v aYtem has dis|BushTermtnal.. 25 25 ‘24% 24%|MStPASSM 1i(4) T aniica e fon 45900 tons of |ButteCop (50c). B 5 B 5 |MisKan& Tex O e ticers the Intter part | Butte&Super(2). 12 12% 12% 12% [ Mo K & T pf (8). e ne ook 10 khe e, [ MTRRGK .. 234 23% 284 23% | \iissourl Pacifc. see Coal, nd Railroad Co.. ! Calif Packing(8) 127% 127% 125% 1 Q;'*-‘our'fnc nt eh will he plant | Calif Petral (2) #3%, 738, 221 323 | ¥ ontana V;:_“‘_ln' Alabama was | Calumt&A(+4%) 'F8% 587 58% 5&% -»‘;""'E,:""‘ 5 rd 1,600 tons 000 | Talume&H(116) . 14% 14% 141 14% “"“:~,°‘ "1 Gy Can Pacifie (10). 157 1571y 165 155% | Mothr Lode(75c) i Caxe Threshine.. &2 82 78 | Mo Pieture(1%:) b e s < Case Throf (T).. 102% 102% 102 ATDIEERIRILY) for ellver—ienrly Khis “en: Leather R fu i 2. | Cont Lantharme. 4702 4715 451 ® {Century RIbM.. 13% 135 HOFFMAN MACHINERY. | Century Rpf(7). 87 21 N WORK, May 3/UP.—U. &) |CSeDaBIL). . DE8IE (64 Hoffman Machinery Co. reports net | Gertain-Teed (4 4 43 income of § for the first quar- |'oyet o e Blerdy aau 33u Ser Xhib 3 Sz U7 ches & Oh (112). 124 124 ton taxes, er | (hi & Alton. . to $1.24 « share | cpy & Alton pf of common - |Ch1 Gr West of.. 10% 19 10 164 o 16% 70l 69 126 126 126 12 17 17 1 dividend 7s 11 2 . ———— Bankers Return to Desks. s i ON cRoP ESTIMATES' 1t his desk tc y after a visit of sev MISCELLANEOUS. T 5 T e | jui eral months in the West. Mr. Do o dson passed much of his time in Do | B G e & “ ! Arizona and California. He returned 110k toskitons CEReEs o { e . |by the Southern route and stopped 5 1014 101 | Cireat North § o | Traders Inclined to View British { (il 2t Mnte, to attend the conver 994 993, eat North b : aHKkErs: I Sexslon thore 1 S ag, 99 LU Crisis as Biaxish Pucter Bankers, in session there in U. S. Dealings. 529, F$1.37. Utd Kingm 6%s 7 a share on {ChIMII &St P... 150,000 shares in the first quarter of { Chi M1l & StP pt. 1925 The preferred was called for | = Mil & St P ctfs. redemption March 1, MUI&StP pf cfs. POTATO MARKET DULL. Gpipneat (5).. CHICAGO, Ma —Potatoes— |Chi RT& Pac. . Pract ding: mar- |[CRI&Ppt (6).. ket dull hipments |CRI& P pf (7). Saturday. 649 rs: new | Chi Yellow C(4). stock little we cked Bliss iChflds (32.40)... Triumphs. mostly 6.50; Florida barrels | Chile Cop (2%) .. Spalding Rose, No. 1,'11.00a11.50; No. | Christie B (1.20) 2, 9.0029.50. | Chrysler Corp(3) . fcccastL (). @. | Col Final & Tron Colo Fuel pf (8). ! | Colo Southern. is | ol Gas & El (5). Col Carbon (4). 16% ST Oun. | Afax Rubber 8s. .. Am Agrl Chem 74s 1 Am Chain 6s. Am Repub de 3 ilamSmit& R1sts i Am Smit & R 6s. | Am Sugar ref 6s. . |AmT&Tecltris.. Am L & Teitrbs.. {AmT&Tsf5s |Am T & T deb s | Am Water Wks 1 { Am Writing Pap 63 Anaconda 1st 6s { Anaconda cv db 7s. Andes Cop 7s rets. | Armour&Co 415s 1t { Armour Del 5%s. .. P Assoclated O1l 6s. . 3 | Atlantic Refin 5s... | Barnsdall 6s ctfs. | Bell Tel PassB. .. | Bell Tel Pa 58 C. Beth Steel pm 53. Beth Steel rf 5s. ! Beth Steel 5% 53 | Bethlehem Steel 6s | Brier H St 15t 5%s | Bklyn Id gen 5s | Bush T B1dg 55 60 | Cen Leath 65 45 cfs | Chile Copper 65 32. Col Gas & El bs. Col Gas & El Commonwlith P 65. Con Coal Md 15t 5s. ConGas N ¥ 518. . | Consumers Pow 5s. Cuba Canecv 78 Cuba Cane cv 85 Det Edison 58 40 Det Kdison ref 6s. . Dodge w 1 68. . | Duq L & P 53%s 49 { Duquesne Light 6s. 107': 107'% 1074 fTavana B 103% 10312 1034 | Hockine Val 4148, 984 977 977.|Mnd & Man raf e 103 103 1 | Hud & Man aj 5= 100% 100" 1003% | 111 Central ref 4s. 57¢/ 1051 1057, | 111 Cen 4< 53, 97% 974 | ' Central rf 5 516 464k | T Contral 514s 103 | T1'-C-C SILANO 53 105 | nt Rap TranS§s. .. 991, | Tnt Rap Tr 5= «tpd. | Tnt Ran Tran &« Tnt Rap Tran 7s=... 1t & G Nor 1st 63 | ™t & G Noraffs.. |an City Ft S 4e aneae Clitv & « Citv S §x. L Ity Term 4 | T.ake Shore 4s 28 | T.ake Shore 4231, T.ouls & N uni 4= Tiouis & Nash 51 Man Ry 15t 96 Tarket St Ta 40, 1] Fl Ry & L 5s. p e Listreds.. 1° 9 1 { P& SSM cn 58 10 9 hert V. 7 M | Riggs { their d same ¢ i Bank, w v after attending the nvention in, Atlanta. The: a most profitable se intric banking problem< discussed. association is of long stand having been organized before the { establishment of the Federal Reserve | System. trike News Grips Attention Here. 28 By the Associated Press. CHICAGO, May 3.—Bearish private | ‘onoe crop estimates tended to turn the!yran. wheat market d today | were atter an_early trength | The here at the outset was due to higher |, Liverpool quotations associated with the British labor crisis, but a ma jority of traders here were inclined to regard the strike to be an incentive to sell rather than to buy. Interest of Washington traders on Selling quickly broadened when | the New York Stock Exchange today prices bulged, and with unofficial fore- ; centered in the coal strike outlook in -asts pointing to a decided increase of | Great Britain. Men talking in the domestic Winter wheat production. as | board rooms considered the situatior compared with latest Government fig- | very serious. At the same time the. ures, the market soon receded to below ! watched the New York quotations | Saturday's finish. The opening, 1 to 13 higher, May (new) 1.64% to 1.632 and July 143% to 1.44. was followed by a general drop. in which May touched 1.63% and July 1.42% Corn and oats followed the trend of wheat. After opening at 13 to 3 advance, July to 77, the corn market underwent a moderate sag. 87 R6Y% 10714 10715 1034 102% 1021 107% 7% FOREIGN EXCHANGE. 354 »w W. B, Hibbs & ¢ 204 V4% | Std Ol NJ pf(7). 118% on, 'Std Plate Glass.. 6% > 11414 | Sterling Prod(5) 78% gv/.; Stewart War (6). 74% 43 | Studebaker (5) 3 a8 | Submarine Boal Sun Oil (11). Superfor Ol .. .. 21y | SYmIngton A(2). ‘Tenn Copper (1). 2414 | Texas Co (3). Tex Gulf S (1 ‘Tex & Pacifie rex & Pac C & O. The Fair (2.40).. | Third Avenue. Timken (14)..... " Tob Prod A (1).. 107% Tobac Prod (7).. 984 Transcont Oll... 3% UnBaz & Paver. 38% Un Carbide (5).. 81% UnOil (2)....... 43% Un Pacific (10).. 148 Un Tank Car(6). 904 Utd Alloy (2)... 29 Utd Cigar S (c2) 904 | United Drug (8). 144% Utd Fruit (+12). 108 Utd Ry Invest... 23% Utd Ry Invespf. 84 |USCIP&F(10). 168% | U S Distributine. 52 | Est Cuba Sug T%s. | US Hoffman t3% 53% | Empire G & F 7%s. U S Ind Alcohol.. 514 514 | Bioe Rubber 8s.. .. U 8 Realty (4).. . 86 | Goodrich 6245. . ... U S Rubber. . 61% | Goodyear 85 1931.. USSmelt (3%). 39% | Goodyear 5s 1941. U'S Steel (7).... 122 Herehey b% U S Steel pf (7). 126% | Hos & Co6%s. ... Universal Pipe.. 17% | Humble O & R 5348 Univ Pipept (1). 64 { Miinots Bell 1st 5s. Uti] PEL A (e2). 30 filinots swtlm‘m,:_ o vanadium (3)... 85 Int Mer Marine 6s. Vick Chemical.. 46% Int Paper 55 47. Vu-CarCh(m)wi 16 Int Paper 63 Va-CarCh 6% pf 52 IntT & T 5%8 Va-CarCh 7% pt 04% Kan G & 1 6 62. . Va-CarChetfs.. % Jeelly-Spring 8s. ya-carohwfefs g | Lackawa § b8 50 SR S | Laci G ref 5 34, bash. 40 Laclede G 5%8 Wabash oA (5 71% Liggett & Myers 5s. waldorf (1%).. 18% Liggett & Myrs 78 Ward Baking B.. 20% Lorillard (P) 68 Warner Bros 14% Lorillard (P) 78 12 571a (Ountations fu o 101 171 124 51 134% 51% 14% 294 37N £0% erown ity erown Orla. crown Stockholm NEW YORK, xehanges heavy ireat Britain, dema 16: 60-day bill ance, demand, 3. demand, 4.01 Demand: Belgium 23.80: Hol eden, 2 994 100 | in the London market is lalways felt to a greater or lesser | degree in Wall Street. The tickers { showed this to be true in Wall Street {today, many issues being weak, with !trading very slow in others. Caution g the word today. hat bearing a long strik > Oats started at a shade 10 % 1o 1 |land might have on jabor conaiti s higher; July, 421s. Later all months | production and earnings of this | shewed a slight loss. country's industries was the point *| _Tn line with hog values. the provi- |most discussed by financial men here e " aih 1 Fewer Failures During April. A ..., KoY 1i00% With the single exception of the ! May (old) % 150 short month of February, fewer in 3 g olvencies occurred among commer cial firms in the United States during | April than in any preceding month this year, according to the records of R.'G. Dun &— Co. The number of such failures last month—1,957—com. pares with 1,954 in March, with 1,801 in February, and with 2396 in Jjan nary. Little'change is shown in com ! parison with the 1939 defaults of | April, 1925, but in that month of 1924 | the toltal was only 1,707. When al lowance is made. however, for the steady increase in number of firms in business the present showing is rela- tively satisfactor: Other Financial Notes. Edward B. Smith & Co., members of the New York. Phiadelphia and Bos ton Stock Exchanges. have removed their Washington office to 1508 H street northwest. James Donald sels is the manager of the office Prosperity throughout northern and central California_during the firsi three months of 1926 is reflected in 38 May 3 (). —Foreign Quotations (in cents): nd, 48514: cables, on banks. 4811 cables, 3.28. cables. 1.02 3 crown 103% 103/ 1033 98la Y8Y YgL 5 100% 100% 100% 107% 107% 1073 100 100 100 100% 100% 100% 104% 104 104 80% i ! Ttaly 120 ! 814 76% 74% 39 17% 445 32 25 88% 1 174 A% : . 207 IMRK&TorinSsA. 14 MK&TS6sC.. i 4 ) fo Pacific gen 4s.. 130 ufi‘: ,f;f_i’ s ‘\:gp;lc:usunm.. 22 103 1073 1073, | Mo Pac 6s55 B 94% 9415 91y, | Nassan E Ry 4s 3 105% 105'% 10575 | N O Tex & M in54.. 18 106 105% 106 {Nu-roxaun-n. 17 105% 105% 1055 ‘\f‘;‘,:‘::"fefl'g* - 2 115, 192, N Y Cent 4058 [ 106% 106% 1061 | NY Crfimdtisis. 7 110% 110% 110, [N YCentribs..... 43 1211 121" 130 |NY Cent den6s. . 11 101 100 190s | N Y Cent LScl3%s 9 9416 93y 9gu | NYChI&StL 5%sA. 27 102% 10548 1900 | NYChi&SIL5%8 B 17 038 1050 1024 N YCAStLESA.. 2 108% 1025 102% | Cow Hav deb 48 66. 7 03% ooy o9, |New Havd 4s57. 951 05ts gert | New Havencd €. 987% 98% ogs | NYOnt Wistds.. 8 113" 1197 195% | NY Rys6s65..... 120 o “ | NYRys6sAS5... 105 104% 104% [N Y State Ry 44s 105 105 106 | NY W & Bos 43%8 98 93 98 | Norfolk & Wen 4s. 100% 100 100 |Norfolk & W ev 6s. 5 103% 103% 103% | Northern Pac 3s. 103% 103% 1084 | Northern Pac 4s 120% 1204 1201 | Nor Pac 4155 2047. 101 101 101 | Northern Pac 5s D. 120% 120% 1204 | Northern Pacr 1 6s 100% 100% 93% " 9314 - o GRAIN EXPORTS GAIN. Special Dispatch to The Star pti show in ain and flour A total of i ‘| Eaton Axle (2).. Gireacnes meSafameSaan- EXTRA DIVIDEND DECLARED. CHICAGO. May 3 (®).—A sccond | extra cash dividend of 25 cents on each share of the capital stock was declared today by the directors of the Standard Oil Co. of Indiana. A simi- lar dividend was declared at the last quarterly meeting. The regular divi- dend of 62'¢ cents a share also was { voted. Both dividends are payable on June 15 to stockholders of record on May 17. ey @n® 9% | 9314 87 | 6l | 47% 1424% 6514 89% 924 102% 102% 113% 112% local = g PARIS PRICES IRREGULAR. PARIS, May 3 (P).—Prices moved FISHER'S PRICE INDEX. W HAVE May 3 (Special).— 150 2.10; purcha 51% 48Y% r : April averages. 150 910 and 3-10: Crumps, #139 4.10; 1393-10: Trving Fisher, mist. reports. Yale econo- FARM HANDS' PAY HIGHER. \ .—There has been rapid in the wages of farm wrkers throughout the Southeast. STOCKHOLDERS INCREASE. YORK. May 3 (Special).— holders of the Pennsylvania Iroad on April 1 numbered 141,097, increase of 519 over the figures for March 1, but a decrease for the first (uarter of 628. - TREASURY CERTIFICATES. (Quotations furnished by Redmond & Co.) average, | 1 Gen Asph pf (5). 103 165 3214 85 16% 813 38 20 66% 78 165 | st Josepn L(13). B2% | 5t1, & SanFr (7). 86% | 5t I, Southwest. . 46% | Savage Arms (4) 81% | schulte (§8) 40% | Seaboard Al 98% | Seagrave (1.20) . 64 ''Sears-Rn (2%). 30% | Seneca Copper . 33 |Shattuck F G(2). 44% | Shell Un (1.40) 61% | Shubert Theatre. 103 | Stmmons(t2.25). 501 | Simms Pet ). 315 | Sinclalr Ol 11% | S¥nclair pf (8). 37 | Skelly OIl (2) 34% 131 |Sloss Sheff (6)... 112 114% | South Port § (6) 100 294 | Sou Dairies AC4) 46% 91 | Sou Dairies B... 304 | South Pac (8) 100% Southern Ry (7). 111% | id Phoenix (6) 165 165 I'"rl'sl NatS(1%). 32% 32% Fisher Body (5). 88 . 88 Fisk Rubber.. 16% 16% FiskR1stpfs(7). 81% 81% Flelschman(2).. 41% 41% Foundation (8).. 99% 100 FoxFilmA (4).. 63% 64 Freeport-Texas.. 31% 31% briel Sn(t3%) 33 33 &nAmT:lk(:(L o Gen Asphalt. . % S 61 50% 50% 50% 317% 320% 311% 1% 11% 11% 18% 43 6% 56 25% 613 41% 20% 21% 93 Gen Cigars (4). | Gen Elec (c8) Gen Elec sp(60c) iGcn(}uA'(lo”%) Mot ( - g:: Mot pf (7).. 114% 114% 114% Gen Outdr Adv.. 29% 20% 29% Gen Petrm (3)... 60 60 58% | GenRySig(t4%). 71k 71% 70 Gimbel Bros. 607 0% 60 Glidden (2)..... 19% 19% 19 Gold Dus 43% 44 434 Goodrich Ru (4). 53% 53% 62 Goodyear pf (7). 100 100 100 Gothm S H(2%). 35% 304 354 Granby Consol... 20% 20% 19 Soutl Ry pf (5).. 90% Spicer Mfg. .. 21 Std Gas& El (3). b4k StdG & El pf(4). b5% 351 | Std MIlLpf (6)... 85% Std 011 Caltf (2). 5% SWOINJ (1).. 4% 19 901 66 778 | 483 29% 14 48 5% 54% | 25 61 a1 20% 21% 23 34% 12 9% 46 29 99% 109% 91 20% 53% 654 86% [ 4’ Weber (4). W Penn El A (7) West Maryland.. West Md 2d pf West Pacific. West Union ( West A B(17%). Westinghse (4). Wheel & L Erie. White Eagle (2). White Mot (4).. White Rock (2). Wickwlre T willys-Overlal Whiys od pL(D). Wilson pf new. . WoolwthF W (16) Worthtn B (8) .. Wright Aero (1). Yel T&C (15¢) Yel Tr&C pf(7). Youngstown (4). 53% 92 1% 18 341 . 140% 112% 67% 20% 26% 56% 28 1% 23% 94% 5 146% 64 30% 25 7 2% 294% 24% 97 97 0% 0% Dividend rates as given in the above table aro the annual cash latest quarterly or Unless otherwise o are not inclu thi % stocx pavable 1% hall extra or j0 regular rate. 5 Rk ol ok, l'n Mock “payable 1% auarteriy. i oref “dociarations. ‘SDectal div: b or e % auarterly. ts yearly | Loutsv G & E 58 62. Manatt Sug st 7 % Mid-Con 6%s 40, Midvale Sllaal ::. e d ntana Pow . Mors & Co 15t 4%5. New Eng Tel 58. N Y Edison 68 44. NY Edison 6%8. . - NYGEL H&P 4s. N Y Tel 4%8.. NY Tel :l :ls N Y Tel 68 North Am £d 63 North Am Ed 8%s. {Nor Ohlo T & L \ Nor States Pow Nor States Pow Otis Steel 7%5. 9612 87 108 98% 105 106 99% 106 101% 100% Phila& RAC& L Pierce-Arrow 8s Plerce Ol deb 8s ! Public Service 63. .. 105 ' 26 87 102y 9814 1043 1057 99% 106 01% 00% 105 99% 99% ggu, 99% 991 9915 | 103% 103% 1034 | 96 101% 101% 1013 | 87 : 1024 | 103% 1034 1084 | Pennsyl gold 116% 116% 1163 90% 9016 904 | 98% 1084 108% 108y | 110% 110 1105 105 106 95% 9515 9ps, 99% 106 102% 1027% 10274 99% 9915 guy, 101% 1014 101% 10144 101% 1014 107% 106% 106% 101% 100% 101% 1017 1017 105 Ore & Calif 1st 5s. . Ore Short L rfs ds. Ore Wash 1st rf Pennsyl 6s 64. Pennsyl 6%: | Peorla & E inc 4 Pere Marq 18t 5s... |pcc&StLbsA. PCC &St L 68 B 75. Por RL&P 7%8 46. Reading gen 4%8... | Rio G W 18t 48 IRIATK& L 4%s... ISt L IM&S 48 29. St L IM&S R&G pl6sC.. 1stds.... StL S Wcon 4e32. STP& KCShL 4% & & & & 8 S 106% 106% 106% | San A & Arn P 4, 103'2 103% 103% ' Beab A L ad] bs. StL&SFplésA..152 nBaBaiomte 100% 100% 98 97 86% 86% 9344t 93 106% 106% 1024 1024 118% 113% 107% 107% 38 88 103% 1034 103 1028 103% 103 107% 107 7% 97T% 81k 9% 9% 93y 9% 97% 23 824 83% 88 98% 984 1017% 102 96% 95l 89% 90% 1024% 102% 864 864 4% Y% 0% 90% 88% 80 5 o NONe ABANDSSENON T 50 37 40 17 {rregularly on the Bourse today. Three per cent rentes, 47 francs 5 centimes. Exchange on London, 148 francs 5 centimes. Five per cent loan, 56 francs 656 centimes. The dollar was quoted at 30 francs 49 centimes. 16 95% 24 95% 35 984 9444 954 o8 Seab A L con Seab All Fla 6s. Sou Pac 4s 29 Sou Pacific ref 66 9274 ¥2% 92% Southern Ry gen 45 32 854 85'4 85% SouRyconbs94... 9 1067% 106% 106% Sou Ry 6s 8 111% L1114 111% Southern Ry 6%s.. 8 116% 116% 116% SouRy Mo&O4s.. 34 92 91y 92 ‘Third Ave ref 2 60% 60% 60% Third Ave adj 60 60% 59 50 Union Pac 1st 4s. 4 9% 94m 94% Union Pac 4s 27. 9 98% 99% 99% Union Pac ev 6: 1102% 1023 102t virginia Ry 1st 6s. 30 103 102% 102% ‘Wabash 1st & 3 102% 102% 102% Wabash 6%s - 32 103% 103% 103% West Marylana 21 0% 70% 70% Western Pacific §s. 16 100% 100% 100% Wilkes & E 1st 5. 1 69% 69% 69% 4 981 new business acquired by Great West ern Power Co., subsidiary of the North American Co. New customers added during this period totaled 2,028, with u connected load of 12,250 kilowatts, 78.6% preater than for same quarter last y . Norfolk Southern Railroad Co. re- ports March surplus of $134,787, after | taxes and charges, against $119,157 in March, 1925; and for first three months surplus of $156,401, compared with $99.224 in first quarter of pre vious year. . All of the bonds and preferred stock of the Western Maryland Dairy, Inc. have been called for redemption on July 1, as a result of a resolution passed April 27 by the board of directors. RUBBER IS HIGHER. NEW YORK, May 3.—Crude r ber, smoked ribbed sheets, were quoted at 4935 cents at noon today This compares with 49 cents Satur- da 58 cents a month ago and 53% cents i year ago.