Evening Star Newspaper, May 11, 1926, Page 24

FINANCIAL. "~ INDULLSESSION Some New Lows Made But Most Issues Have Little Variation. BY STUARY WhSt wal today iy the It was total ling fell of Tonsiderably below . 3 ater part 7he leading s Jew inst Y mew 1 s > the year t the 1 the involving Do char the main position in sl off at th Greater N very strong The traction mystery. Its ixed i with » det mine in the pas auite hard to do so now Al that can by id ix that time | eks var 1 e st { Wi Open 2% 484 4 A\bitibi Pow (4) ‘ \x Rumley pr(3) umada (1) \n Aeduc | Ajax Bubbe Alaska Junea | Allied Chem (4). Allis Chalm () Amerada (10) Am Agri Ch pf Am Bauk N. 1.60 Am E Pamy fAmt Am Car Am Car& Ry (6) Am C & F pf (7) 8 ain A ( ‘ 381 Am Hide & Lea Am Hide & Lo Amtione Prod Amlce (710). ernatl (1) d 35 29 etals (4) 1) 50 tadia 9% 7116 138 10 677 Lids 112% 112% 112% {am Wa Woerze sdall i | exchar mes easiern <ion BUTTER LOWER AGO, Ma i elec ervices companic fre powe in the Ohio ¢ NEW money ea ixed nionths RU Bbr_R STT'ADY May s sheet Motor: sold 1.00 fast 12 The corpor 1910 10 Mas FEDERAL LAND BA T 1Quoted by Al o Moon come of nd Feder: quarter for jual to $1.0: hare, 590, or $1 2 in the first quarter of 19 N lere $2.337,417, azainst $3,156,090. seaboard proposed ock from 00,000 no-par nunmber of Unfilled o piroximted 0t veu holders <tate pial to nnrn.-i increase 3,000,000 . shares value and to veduce vectors from 11 re on hand 0,000 tons. A L ditiona! working juorensed business | Armour 1 (1 | T W conda (3) her-Daniels our T A Artloon Asso Dry Gz 116 374 10 15% a4 1034 85 381 100 Add M L Perminal 155% 804 814 14 30% 121% Chand-Cle Ciies & O Chi& A « Aiton pf t We. Ly Wil & StP Mil& Sty 11 19% 10% 16% 100 16% 68% T(5)-uril 1& Pac P s fs 18'5 86 2 4815 ¢ Corp(s) FXtel 1 & Tro Gax & Bl ( &Epf (D m Cred (2) A (D) B 146% 8 2% 140% . 140 51% 84 914 1% 724 10% 584 474 99 40’y 47 41 Dome Mines (2 211% 109 i 101 6414 169 318 83 d Phoenix (6) Nat $(1%) her Body (3) i Rubber. . man 2. . ation (8) . 63% 31% 32 6% 45% 62 311% 11% 37 95 126% 115 5 69 50% 19% 42% 497 99% 107% 35% 174 18% Kt Sp(80C) s Alells) ias prA(T) ien Mot ( n Mot pf en Petri TenRySig 1bel Bros Glidden (2). o0ld Dust G prs) 111 or Helm Geo (16%) Homestake (17) . Housena «133%). Howe Sound (3). HudsonMan (2%} Hudson Mot (3). Hupp Mot (1)... Indep Oil (1). Indian Refining and St (2%) \nterurb Rap Tr Intconti T Intereat Tn As Copr Tt Bus Ma (3) . 3 Iut Cement Lles 536 prC 5) 110% 110% 9t 1t 113% 11413 95t High. Ly s 8 9! 1% 804 25% 5T 41 17% 35 96 48% 934 128 M% 25 57 40 17 12% 50 95 nov. 110% 110% 110% 9% 9% 17 58% 187% 404 40 68 102102 10 954 144% 144% 120 98% 1 19513 193 117% 11 38 am 10 974 154 an 1031 103'% 6 887 100 100 166% 165'% B0% 804 85 10% 17% 0% 16'5 70 13u 112 1932 481, 86 £6 484 4 31 146% 1457 39% 8T 76 T5% Low. 72% 72% 481 34t a5y 42% 9% 115%7116Y 67% 68 Close. 48% . Pl 1103 110% | Int ) T 1% 112% 113% 80'a T8 1'% 80y 264 87 41 17 84'% 96 930 138% 40 102 99, 144% 112% THE NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Int Com Eng (2) 1ntMteh pf(3.20) Int Mer Mar pf.. el (2). Int Paper. Int Paper pf (7) Int Tel & Tel U;) Intertype (t11 ! Tones Bros "l ea Jordon Mot (3) KCP & L Ist (7) Kan City South | Kansas & Gulf Kavser J-(2) .. iKennecott (i) P& 1. Kresge SS(1.20) Lambert Co.. Rub Lima Loco (4) Loew's Ine (2 Lott Lorillurd Louisiaua Oil Ludium Steel Madntyre ¥ Mack Trocks Macy HR & Co Magma Cop ( Mallison & Co Mant Man Bl etd (o) iho O et St prio: nd Oil (4 Mathieson (4) Aexican Seabd i Mid-Ce ontin taf (7) ates. om Ward 1 Mot (2) thr I Mo Picture(114) Motor Met (3.60) Motor Whi ¢ Mu Y 145 NY NH & Hart NYOn& W NY Rys par &0% | 855 | 5% | 12% ) so.i 121% | 1 Pac Corfk & Wn ( orth A (B2.40 orth Am p Ntham Ed North Pac ( Norwall €1.60) Norwalk T pf(7) Omn Omuibus bt (8) | Onyx Hosiery Gas (8) | Pac 0il (3). :mm 146 11218 112% 1 1, 2T% 143% 140% 143% 140 4% 4% 514 3% 9 9l 1 104 18% 470 99 101 470 24% 10% a8 4714 99 40t 47 244 211% 207 109% 109 26% 26% 125 125 Y 4% 19 184 931y 92% 101 101 €5 641 6 76l 32 31% 8% 31% B84l 82% 16 15% 801 T9% 3913 9414 63% 30% 9% 64 81'% 82 o2 6% 6% 45% 45% 631 62 813% 809% 11% 11% 37 87 95 95 127% 125 115% 11 6012 5 693 8014 19% 4234 50 19% 42% 19 4T% 1003 99% 107': 107% 354 85% 1% 17 18% 184 2% 12 21% 21% 111 6% 6% . 261 26% 26% 26% S () 65% 66% 65% 65% 2 109% 109% 26% 8k 0% 64 41 80% 8% 64 20 28% 10 344 417, 13 15% 84 43 8% & 27 33 0% 54 41 80% 3% 66 20% 24 10 364 43% 14% 15% 81 43 oy 143% | 143% | 1% Packard Mot Paige Mo Am (6). Am B (6) i | pere Marq e (5 | PhilaCo (4).. 1‘Ililfl &ERC& ! | Philip Morris. Phillips Pet c-Arrow ferce-Arrow pf | itts Coul pt 2| | 207% 109% 26% 128 4 18% 92% 101 65 76! " st% { Pullmar tpf pf et nil pf n(1.2 sed Steel(n) Prod & Refiners Produers & R pf *ub Ser N'J () Pub 8 NJ pf (8). Co (8) Punta Aleg 8 Reading 1ts. . .. Reading 1st (2). Remington Type Replogle Steel. . Rep Iron & Steel Reynolds Spngs Rey Tobac B (4) Robt Reis & Co. . Rossia Ins (6) Royal D(al safoty Cable ( aseph T.( th, & Sankr ( St L Southwest.. chulte (§8) aboard Air [ bd Alr L pf rs-Rn (21%) | Seneca Copper) 109% 269 334 0% 54 41 30% 37% 647 20% TUSCT ShellT&Ta96 2. Shell Un (1.40).. Shubert Theatre Simmons($2.25). Simms Pet (1) inclair Oil. kelly Oil (2) loss Sheff (6) ou Dairies B outh Pac (6) outhern Ry (7). td Gas & El (3) td G & 151 pE(4) td Mill (5). td O11 Calif N T (1) $td Oil NJ pf(7). Std Plate Glass. terling Prod(5) Stewart War (6) tudebaker (5) Ine Boat perior Oil. mington A{2). nn Copper (1) Texas Co (3). ... ox Gulf 8 (10) Tex & Pacific. . . Tex & Pac C & O *Tex Pac Ld Tr. The Fair (2.40) . Third Avenue Timken (14) Tobac Prod (7). Tob Prod A (7). “Transcont O11 Un Bag & Paper. Un Carbide (3) . Unoil (2)...... Un Pacific (10). Tn Pacific pf(4). Un Tk Car pf(7). Utd Alloy (2)... Utd Cigar S (e2) Utd Drug (8) ... UtdDrg 1st(3'%) Utd Fruit (112). U'td Ry Invest, . Ttd Ry Inves pi 1010) U S I Aleohd Open. 44y 56% 83k 383 46% 894 118% 22 14% 30% 109% &% a5n © [ 81 13 805, -J7\‘ ) High. 44% 59% 341 33% 48 89% 120% 22 14% 30% 107 VEN Low. Close. 43 44% 59% | 83% ¢ 83% 4T3 89% 120 22 144 29% i 100% 39% 35 2% B4 25 111 9i 86t 8% 109% i ‘| the 1% o 1 1 21y 14t 103 109 2| no_quat | mixed 4% 6% 934 11k 864 mi a7 87 90 67 19 1184 6% 9 0% 49% 2% 2% 17 1l 50% 131% Sl 13% 870 2 34% 495, 961% 3% 36% 79% 42% 146% 8% 114% 28% 87% 141% 6T% .103 25% 84% 165% 102 50 | tist the 6 per | Ward Baking B. | Warner Bros. | West PEI pEG; AR, WASHIN TRACTIONS STRONG INBOND MARKET Italian 7s Go Above 90 ior First Time Since Break. Investments Firm. | ! BY GEORGE T. HUGHES Special Dispatch to The Star NEW YORK, May 1l.—New York City tractions provided the feature of today’s trading in bonds. All the active issues in this group were strong, the lead being the Third Avenue adjustments and the various Inter- boro obligations. The buying. which came into the Third Avenue issue right at the start carried the price up from 581 w above 60, to rity with the best ot last wee strength could not have been founded upon present earn- ings for both the March statement and the first nine months of fiscal vear showed a deficit after interest on the adjustment bonds. timent to Favorable. however, continued wiore | favorable toward all these tractions. New York Railways income 6s ad vanced a point and in the Interbore it notes sold in volume stion of the high of the Sentiment, { within o foreign issues were Italfan 78 which got above 90 for |the first time since the break following % | the dissolution of the syndic They { were today at approximately price as the Irench 7s. Kingdom o8 of 1 wert above 104 e new Gk sold at oa pre ium over | sue price again, Bogota 83 ma le I H ch-g doinest invest | sues were dull but 1 There | but the supply wis s vored such honds as l'em.ml\.u Mobile & Ohio first 6s, and in the Missouri Pacific: 78, Orleans, Ferm Investments. sstments, 1 anew high il vu du - The st prev des of utilit those which 3 westments had the 1 the proposed | plicated th | better & demand GTON, irregular. | respond to | r trade, but | There the the improvement L cuba ¢ and { Missou GRAIN”AND PRODUCE. LTIMORE, May 11 potatoes, 100 poun potitoes 00 harrel 100, 4.00:46.00; celery . peppers, | nper, 1te, peas, muda, 100, 1 00: rh onions, Spring onions, 4.00: Prices at Noon. 2 red Winter ; No. * red \ Selling Whes domiesti new, spot, domestic bushel Cob. s to delivery: new, 19 pe i asked: rEo on g Rec tons s of timothy, light clover ce clover hay have been mov- well the past few days no oversupply of good the miarker. Medium and low- Jay i< in ample supply. Poor | s hard to move at any pri { per ton, No. 2 . 1 Jight clover 50; No. ll:hl clover mixed, .00 No. Special Dispateh to The Star NEW YOR! ay 11.—New York bank clearings, $1,065,000,000; New York bank balances, $109,000,000; New York Federal Reserve Bank credits, $88,000,000; Boston bank clearings, $90.000,000, e . TREASURY CERTIFICATES. (Quotations furnished by Redmond & ( —Noon 101716 101 58 558 104° 38% 121% 28% 17 30 33 45! 5% bi% 541 104 384 120% 128% 16t 30 33 arm‘ 14% 48'% 92 i3 7 30% 38% %] Rubber. Rub Ist ( melt (313). reel (7). U S Steel pf (7). Tniversal Pipe. . Util PEL A (e2). nadium (3). Vick Chemical. . vaCarCh(n)wi. 14% arCh 6% pf 60 Va-CarCh7% pf 924 Va-Car Ch ctfs. % Va-Car Ch pt ot 37 a8 120% 128% 17 30 82 45 Wabash . Wabash p Waldorf (1%). . Walworth (1.80) Weber (4). West Maryland. West Md 2d pf.. West Pacific. Westinghse (4) . Wheel & L Erie. Wheel & L 12 pf.. White Mot (4).. B2% ‘White Rock (2). 26% Willys-Overland 22 Willys 0d pf (7). 95 Wilson & Co i 8% ‘Wilson A (ne 16 WoolwthF' “’(1-)] 142% ‘Worthn Pump... 28% Wright Aero (1) 29 Wrig Wm/'(14).. b50% Yale&Town(15). 66 Yel T&C(T5¢)... 28% Yel Tr&C pf(7). 98 Youngstown (4) 69% Dividend rates as given in the above table are the annual cash payments based on the Tatest auarterly or half yearly declarations. Tnless otherwise noted, extra or special divi” ‘s are not melided. a Paid this regular optioual in_ sty artly sto 40 51% 268 21% 941 8% 16 142% 28% 28% 50% 66 234 98 69% 95 8% 16 144 23% 20% 50% 66 28% /Y, 0% rate, b or #Pagtly 4943 usmum,‘»m‘s’ 00 a0 108 Plus Stk pavabie i gusarteny; - $Plus lock Davable 1. erérl e in preferred stock. | Est Cuba Sug D, €. TUESDAY, MAY 11, 1926 | N NEW YORK BONDS STOCK EXCHANGE' Received by Private Wire Direct to The Star Office. U_NITED STATES. in $1,000. s, High 9 100 25 29 102 22 165 100 23 3 101°10 284 103 7 11 1019 Ti 10413 910813 FOREIGN. Lib Lib 1st 4%s Lib 2d 4%s. Lib 3d 4, Lib 4th 43 us g TS 4s 1941 i 138 52 101 gentine Argentine s Ju Argentine 65 Oct 59 Argentine s A. Argentine 6s B Argentine Australian Austria 7s. . Bank of Chile ¢ Bank of Japan 6 Belgium 6! Belgium o 10 88l 98 9814 99 98 5 101" 984 10074 98 1004 1% 9054 94 108 106% 99% 8 94 104 1015 6 104" 102% (o ranmis Bolivia 8s. .. Bordeax s fo “anada i “anada *hi ‘on Pow Jap: ‘openhagen 5 “uba b tos “zecho 71 ‘zecho 85 ‘zecho 85 14 Denmark 6 l-xrn h s 1 Bl weden Swiss 51 Swiss €' MISCCLLANEOUS 13 103% 5 104 nmml“ 6s Bar Hell Tal P Bell Tel Bet Beth 8 B B Chile Copper 6 Col Gas & K1 & Gas & Con Coal Md 1st Cuba Cane cv 8 Cuban Am Sug 85 Der Dery (D Det Edison Det Edis: Dodge w i 65 Duq L & P ates 49, Duquesne Light 8s. npire G & FTls. 4 Ik Rubber 8 1 16 Goodyear 5s 1941 Hershey 5.8, Humble O & R 51z linofx Bell 1t 3s. Tllinots Int Mer Ma 44 Laclede Liggett & Myers 7s lard (P) . Louisv i Manati Su Midvale Monta Mor's & CoJ v B sdison os 44 adison 614« onh Am Ed 6z Pow bus Steel T Pac Gas & E15s PacT & T 15t 5s.. Pan-Amer Pete Pan-Amer Pete 7s. Peoples Gas 5s. Phila Co rf 65 A Phila& RAC& 1 Public Service 6s. . Pub Serv s P Serv Gas P Serv Gas § Punta Al Remingtn Arms 6 Rep Tron & Steel Rog Brown Iron 78. 17 1049 108 10 100 2 102 18 100 26 101 8 103 5 T 88 9814 98!% 9874 98l 4 101% © 100 10: 101 101 4 1057 | 1054 105 ¢ 107% 86 99% 71 104 9 108 10 Sales, Tigh. Low. Close Sales. Wigh. 1 1104 18 Sharon Stl 1 85 Sinclair Oil 65 & in Crude Oil 6 Vipe Line kelly 0116 So Por Rico Sug 75 outhwest Be ug Est Odient 7s Penn Elec Pow 6 Toledo Fdn 1st s ted Drug 65 9b'4 4 17 S Rub 15t rf 5x 98| 1S Rub T1us 98% | 1 S Steel s 98% | U tah 1o Vertient Warner & West Elec 5 Westn Unfon Westin Wi e ABY NARE - % 9814 | 100% 97% 841 907 91 108 10 Youugstn S & T 6s RAILROAD. uds 30 924 I AtL& Dan 1 At & Dan ) goid | New by de o ! New Havene d 6s Oont Wiscds Pennsyl 9 ek | Peunsyl gold ¢ pere 58 BT &StL ling gen 4 914(\1|‘|\1&&4 B ST IM&S R&G 4. StL&SF plisA. 245 | St L & S F prIn 55.109 5t1, & SFH%asD st L& S I adj 6s St L&SFincbs, .. StL&SFplEsC.. Seaboard A L 4s sta Seab A Liadj 5. . Seab A L con 65 Seab All Fla 6s. Sou Pac 4s 2 1025 | Sou Pacific ¢l 45. 103% | Sou Pacific ref 4s 107% | Southern Ry gen 45 1054 | Sou Ry eor 5 | Sou Ry 65 Southern 1 | Sou it & Averef ds... 854% 107 1 116% 92 104 1 60% 107% 86 1 w. Close 108 107% 108 107 9015 95% % 1051 100 103 N 106 IOL . 96% RY 10244 94% 80%, 90 103% 103% 9% 80% 8% 8% o4 94 95 954 981 9815 90 90 9216 9214 84% 85% 106% 107 110% 111 11615 116% 9 92 1047 104 60k 66 Saks & Co 5L T8eaae 10 ums 110% 110% ' Third Ave 2d) 83...134 81 58'% .60. ;| Boa FINANCIAL. WHEAT PRICE RISES | IN FINAL DEALINGS| British Strike News and Flour Business Outlook Are Factors in Advance Al Press May 11— Despite wheat market toward the By the A, CHICAGO, { weakness the advances toda rd Tri carly | scored | d of the | N, Word o xport sales nipesr and in | fons of enlarged flour business { Minneapolis were stimulating factors Unconfirmed veports toward an end of th at hoist values, Additior Lerop be the Canidis moisture in both north and ) line, wi u~;yr.>~£h]| ing of deferred deliveries, rish factor was arrival he ssel loaded with Spring whe the stearn 110,000 bLushels of However n Chic wd imnedia other | rd crop v, Furthen ere lar s supply o Hix | CHICAGO LIVE STOCK MARKET CHICAGO, Moy (United Departme o pound VIEW ON AUTb CUTS. YORK, May ) construes the ¢ METAL MAkkET. YORK. May 11 (#).—Coppe 1 spot and spot and NEW eled | FOREIGN EXCHANGE. iehed by W. B. Hibl Nominal Sy old val T4 1otations fur & Co W YORK, nges May 1 strong. Quotations Great Rritain, cables, 486: 60-day -16. (in demand, bills on demand, demand . A Roli Mills Do. . Do. pid. Cen Ind Pow pi & Play Lasky. Slighon (e pfd. . Farkenindustrie Altiengesellschatt Mengee Copper. Q Nebras Pow North Amer. T st pid Do 1st pf ' Pitt Ter Coul 1. Tim Det Axle 1 *Books will nof 1 1 1 [ June 1 May 1 June 1 May May 15 June 1 June 1 June June 1 Tol St L & W 4s Tol Tr L&P 5% Union Pac 1st 4 Union Pac 4s 27. Union Pac 1st rf 59 Unfon Paccv 6s. . Virginia Ry 1st 5s. VaRy &P §s ‘Wabash 2d Wabash 515 West Maryland 4s. West Shore 15t 4; Western Pacific 55 | Wheel & L 12 cn 4s. 894% 984 4% 95% 109 102% 102% 98% 1014 | weathes | per | number of Investment R DRIVE ONTO TRAIN INSURANGE AGENTS ‘' Underwriters Sponsor Plan i to Give D. C. Men Pointers on the Game. BY EDWARD (. ement Colum} McFadden Bill Amendment Seored iion \ssured ihers feadquarters Ready an incre company stores and Now opel Estimated earn Maryland Rail ending April 088.72, an adv Gl respon ndin coal ceipts 03344, ¢ the like pe At . speci of Loew's, Tnc $15,000,000 debe fled. Continved S104 od of ng part of April | eftect on the Jess than s than s thun equal to April, Indebtedness show # April A 182 tigures , per cent less 41y per cent 1 per cent more than and 41; per cent less than A Payments during April pe cent better than last per cent better than April cent bette than Apr The Trust ¢o. of Florida, one of the oldest investment institutions of the State, has issued the initial view, the first financial publication of its kind to be issued in Floridi. It is shown that Florida has Tailway per 1,000 inhali H any other Southern ve doubled in A tax of 4 cents a gallon or vields approximately April, pril, < h o Whel & L 15 rf 41 Wilkes & 15 1=t Wisconsin Cent 4s ear for sl roads, in to the millions being raised tountics for this purposs In bond Issueny