Evening Star Newspaper, May 17, 1926, Page 24

FINANCIAL. ¥ THE EVENING STAR, WASHINGTON, D. €., MONDAY, MAY 17, 1926. FINANCIAL. TREND DOWNWARD | [ NEW YORK STOCK EXCHANGE PfllISH BOND LIST | Coxres von BONDS srocemamscr] [WERSL R ot OHN POOLE, 51, HAS off, Received by Private Wire Direct to The Star Office ived by Private Wire Direct to The Star Office. UNITED e Sinclair O11 6 Sak"i06" " 1055 105 YL v . High C! . (Sal e in $1.000.) Sinclalr 8. . % H Abitibi Pow (4). Tu% i M"c’;fi.? Hartman (214).. 305 20% 269 “Sales. High. Low. Close. | Sinclair Oll 6%s 90% o1 | New Crop Months Lower in Nerv- .... 228 100 27 100 26 100 25 | Sinclaiy Oil 78 19 96% 957 96 Adv. Rumley.... Hayes Wheel (3) 31% . Sy Y R il g " “°9 10010 190 10 16010 | Sin Crude Of1 6s... 3 100% 100% 100% | ous Fluctuations Today—Corn M it—Mail Ordi 2}’,“;“;;‘.}15,‘.’(’,5, 109% ,,},‘“ i ii’é?.’l"&fi..‘n'fi ‘(‘a))‘ 2 Forei | Feature of Lib 1st 435 2; llgg ;tll llgg 11% }32 :g. :%:‘n!ll;';pgl'{.:;::s 1%2% lgt:?i and Oats Easier. - . otors Hard Hit—Mail Order | {ir Aeductn ¢ G U w | HudsonMan(2%: 3 ; gn Issues Featul Lib2a4%s. 224 100 28 100 25 100 25 | South Bell Tel 5. 102% 103 Federal-American National AT m Hud Man pf (5. o0 Lib3d 434s. 201 1019 1017 1017 |Southwest Bell 5. 102% 103% S Shares Weak—Steel | Aniea chem (4. 110m 1125 Hudson Mot (3)’ Market Today—Brazilian | Libéth¢is 241 1037 1035 1037 |Sus Est Odient 7s. SHOTH [F2 i o it f e Bank Head Celebrates . 5 AllisChalm ().. 79% 79% Z Tlinois Cen (7) 4 119% 119 i t‘ i > Toledo Edn 1st 7s.. 6 108% 108 1084 | nerve A Registers Lower. . 10is Cen (7). s 119% igations Firm. UBG%ab2. 610813 10810 10810 | = 8 108 ervously over a 7 A e e Am Agricul Chm 16% InalshMotor (3) . it R X b Sales. High. Low. Close. | 7S Rub 73%s. 5 108 107% 107% | €arly today for May, but Jower for e i BY STUART P. WEST. AmAericnye o Indian Renfing . BY GEORGE T. HUGHE! roteduse. g e US Steels f 65.... 22 107% 107 107% | new crop months. Smallness of de BY EDWARD (. STONE. Dispatch to The Star e Ll L el el i Argentine 6s A 98% 984 e 98 94% livories on May wheat cont John Poole is just 51 today. Flow A | FORK, May ' 17.2af0tor | AiBaten. : el bni) 1 %! NEW YORK,.May 17.—Foreign | Argentine 65 B. 9844 Warner Sug 78 39.. 3 % 66 67| attracted motice, but Liverpool quo-| TS on his desi’gave away the fact for the | Am Brake Sh (). Int Bus Ma (3). bonds furnished the interesting fea- | Afkentine 7. . 101% | Warner Sug 7s 41.. 8% 864 | tations wero lower than looked for.|ihi morning. = Ard reference tfo year on the Stock Exchange today. Am Br Bov EI(2) 4 Int Cement (4). . ture in today's market. Some of them | HHETHIAM 5 , West Elec bs. . . 102 102% | Influenced by favorable 10's Who in Am shows that 8 _ “ | Am Can (). 2 3 %) Int Com Eng (2) 43 3% 42%, $8foten AbVeTopidents Jbroads HoNtial Bani cean Westinghouse 7. 105% 105% | and oats were easier, corn opening Tt was not an active market, but it} Am ca 'Pd\ (6) 4 9 3 Int Harvstr(6). . i P 9 3 7 Hunk trf(“hlle 6l%s. 9 Willys Ov 618 33. . 4 102% 102% | unchanged to lgc off and later declin did w the continued pressure | Am Chiclecfs(3) 4 Inter Har pf (7). 2 cal and financial, and some ignore Ban'k of Japan 6s. . Wilson & Co 1st 6s. 3 99% 99% 9% i ing all around. Provisions were against stocks which had been the|Am Prue.... 5 5% | IntMtch pf(3.20) 60% % them. elgium 6s........ 2 Winchester A 71;s. 3 1034 1084 1031 | firmer. 2 5 5 o el Autaran | Am&Xor Pow. "% | Int Mer Mar pf. . Trothe coup. the Polish 8s ral. | Belglum 6%s. .. i Youngstn S & T 6s. 19 103% 103 103% | Only 10,000 bushels of wheat were | pecnlative. favorites in the Au Pl N e H ok the first group, the Poli Balgiun7 : Shalsalady { Winter. Stocks lke Hud |y igoq Lpr. g75 371 Toit Bagie. * 45 6 lied sharply on what the stock market | Belgium 7%4s. . ... . RAILROAD. i ago today s«l-::l "at n‘ew AmHome Prod. . 5% | Int Paper pf (7). took to be a favorable turn of affairs | Belgium 8 fi:f::::?::r;j 1‘:{ 5. \:; ;:‘& :g% amount of wheat avalable for deliv A e 5t "the | Am Tce (t10). ... b Int Shoe (6)... 3 in Warsaw, Selling at 851, today the | Bollvia 85 . 100 | Atlan C L 4345 64 T 9% 97% here and elsewhere during the | b i o hichs | A Teeof (6)... Int Tel & Tel (6) % bonds were up 23 points from the | Bordeauxgs....... 854 " 97% 9% | cyrrent month is tending to ‘spread | ’ tulations to 2®& of prices with the high: Atlantic C L 7s. . 106% 106% D! e o ago were Interesting. | Am 1o et Jones Bros Tea. extreme low of iast week, the advance ; 3% 944 | At1 & Dan 2d 45 45 084 100 | fear of a saueese in prices for May Py day Ly fdends B e e wod a]iMTaER L. Jordon Mot (3)... being accompanled by heavy trading. e 1064 2 S olw | hefore the end of the month. Accord- | e S ot November. Hudson Motor was down | AT Lrooed e 5 Polish 6s made a fractional gain, but 103% 104% e 2 1% 91| ing to some authorities Chi ey banic 2 olnt. Stn delmier over e Loco....... 94k i Kan City South. 5 , they had not been, s0ld so extensively. | canada 5s 1931, ... 101% 101% i Son 98| likely to receive much, if r. Poole Ch: g s | Kan Metaln 4y . aofi < Spring. ... 2 Belglan Bonds Weak. Canada bs 1952 5. 1006 101k ik 106 1085 | 3L Euf“f:lll;’rt‘r(‘wrd;{:m e king for sdze Brothers . 6. vas one Do 2 3 ring p 5 5%s 29. . . 3 s e - elal e e oy Soat o o g Radiator (4) 110 Kelsey 1(6). the 6s, the 6lgs and (Iw K 1ell|nb. 5 et “|corn to market. Farmers, in the Amer:. which the speculative market has |5 ety R (3) 47 ECEANREOYE(4), . down apparently in sympathy with | Chile8s1826... ... 101% 101% B, - 9% (DI S8 . o itedt aa: ceTiotal) : Irstitute of ever passed through in a stmilar | om Ship& Com. 9 Keystone T & R. A the renan decline 4n. Belgiim ex-] 0118 s 1941 109% 109% O SwDiv 5 cfs 0RO S et for delivery] o e e Lt time. There was no news £0| Am 8m & Ref o) 114% Kresge 88(1.20, change. Chinese Gov Ry 5. 41%, AUk D& O Toledo 4a 80 80 a5 ver especially in view of bel g Unes. e AMS& Ryt (D) 116% Kresge Dept §. . French bonds for most of the time | Con Pow Japan 7s. 21 92% 924 gkg';leglnhn fs.. 7 % 95% 95%|field work and also on URE O e ey Bten cashler In the o here and there | Am &: 138% Lago Ofl & Tran. 21 | exhibited indifferenc to the drop in | Copenhagen 53 g, %05 Pitt 4%, % o1 |c being vet in session. T tedi Stk EDiessi ¢ . 102% 102% | an Nat 4%854.. 9% 94% at new high prices today for o last month or two has|ams; 0% 4 eI ancE s French Th o . TLiambert Co.... e francs below 3 cents. French 7%s the sibility of keener [ Am S 113% " Hllpailaadangts eticly 4 the diy cr 59 tor & : 971 97% : 8s e gl iticen £ Loe Tire & Rub. 9 g y day crossed for a gain | o 0 o eE1. ton 101 101 Canad North 618 118 118% | the season gave fresh strength to the Mt vears was te main rens " | Am Sugar (5)... 68% 6 Leh&Fink 5tf(3) 32 of a half point over Saturday’s close. Canad North 7 115% 115% | provision market e e automobile stocks | Am Tel & Tel (9 1437 3 143% | Font Var(ase) This i not hold, and attervard they Czecho 85 1952 ct 100% 100% | Canag Pae den 48 sl = Washi JLoan & Trust o e i ol 5 SRl 3% 118 113% | 1 ra Sav (1.60). . & lown below the preceding last | panjeh 1% | Car Clinch & O 6s. . 108% 108% nportant. positions s made o the capital spliti e L L T T Tis & M B (14).. price, but they wers not by SBY| e oL se k. ;",g.l: 1| Centof Ga 5%s. ... 105% 105% | Jav p T ety Jarger dividend, and the predictions | Am Tobac pf (6) 111% Ei @i Tio60 G4) & ‘ means as weak as the Belgian. DET 74 Meh b3 5 109% 1028 | Cont of Ga 6s. . 1034 103% | : 45 : ] ssistant cashier in the that the motor ry was going in | Am Ty pFdrs®) 119 119 11 0 et @), s fu| South American issues were consist-| b B In 5158 Nov 53. 12 1035 103 | Central Pacific 4 91% 91% | 5 COR: il LGt Am Wa Wocl. i Loft. A 7 7 |ently firm. Bogota 8s made another e R Ta T 25 TOk Cent Pac 1st 55 90, 1, Faniy o St to become cashi fasowm .8 ¥ Loose 3 g8 |mew high and the Brabillan bonds sold | Dutcn s 1 on 63 Lo ot Chea & O cv 4%s. .. o 1ok 19" G : National Pank i n motor > A Toolet (7). " Loose W 2d (7). . 12 2 around their best previous quotation. | Bl Salvador 8 48 . . 106% 106% | Ches & O &n 4%4s. .. My ; - s i ke gl e B o Here| Aestet | Lorillard(3). : y ; Offerings of the high vielding bonds | Finland 7s. ....... 96% 97 |Chi& Alton3is 7% B7% (] Loaz s sleenS ot SRS slal iletend i ooy ) 26% | Lousiana Of 14% 75| in this class were reported to be small. | Framerican 7iss. .. 5 8% B89% 89%|Chi&Elgnss. 3 4 1| Sent A : o Daa Whomid have been apparent for the | Archer-Daniei ; TonlBGERA (1e) 24 Equal Year's High. Kanch s, : B B | O v e ; M A bank merged with the ; last ‘two months, that it means littlej Azmourbel pr¢ o i i The leaders of the speculative rails | rench ga . Hln lgm CMESD (28 . 1 : : : g4 tional, he beinz elected head of 16 have an o 65 per jcent o | fmtaut XIIA G : Magma Cop (3) 91 90w S5 |today were New Haven Convertible | German i 1 5%x. ot 876 |CM&StPan8y 46 8u% 847 — o eI ne duction if new orders are laggl g ip army - 2 L A 6s, taken in large blocks at par and|g, CM&StP s, . n. _In addition to beins e o g e [ D A 0% 69 - k n Jerman 7s. o 1081 1030 | C M & St P ev 4155 : head o ¥ o is ector in S Arnold Con/(n). | Man BB LR 90 9 above, finally equalling the high of | Ger Agr Bank7s. 97% 971 | CM&SPevelasazefs S 48% s a8y | CHICAGO LIVE STOCK MARKET o ,L‘”” Joak. D n cheecar | il order X Sl | the year. Other high yielding raflroad | Ger Gen Elec 7 g o 95 | CM&StPr4izscfid 12 60% 50! e U SaEaHe O R oot TaRt e T T teselworth made a new | Asso Dry G(21) . 34e | Manila Flec (2). 89 B gkl eciser O tHeE et yolling saivoed Gen Elec 75. . 98 o 95 | CM&SIPr 48 o %| CHICAGO, May 17 (United States|Co. and the Masonic Mutual Life 1 for the venr at 137, where it|Asso DG Ls((6). 96 | Man Shirt (113). 23% 2% 23 e LT arone R n e des CE R 85% 854 | Chi& N Wrets 0% 109 103 3% | Department of Agriculture).—Hogs— | surance ( o St ains oo day. | Atchison (1) Maracaibo OIl. . 214 6| estern Macyland 4p gt w new Nk matic ; 9% % 7i% 7% | Receipts, 34,000 head: slow, 10 to 20| How active he has been in financi: toebuck and Montgomery Wi Atchison pf (5). Marland Ol (4). 5 Fecobtl ot 144 Wedlk Bnllthe WhesllnG olland Amer 6% s. 87% 87% 874 higher; big packers inactive; bulk, 240 | matters in Washington is furthe: s were com-| A m & N % 4 Marlin Rock (2). 29 ana Laka: Prle isstes. one. of Sonich |10y I8N .. 801 it E OF s 9016 £0'4 pound butchers, 0a14.00; | shown by the 4 vas chair but without any | At1C Mathieson (4). < 63% ) 98 » Erle issues, which, | I : H&SFESs. 85%° 85% 85% | majority hetter 200 to ound | man of the Was ot ton toward a fresh advance.| AtlGulf & W1 3 May Dept St e Sleo malle e D T cecenes o | Cni Un Sta 430 96% 934 96% | weight, 14.10a1 z00d and choice | committea _durin npaigne, There appeared to be rather con San m‘emfi;‘ Maytaz Co (2).. 2 : e e 39 gained af y ol ins UM 6x 7. Sy anion llg::a }2::’ ;2::‘ 180 pounds down, largely 14.40a14.50; | treasurer of the District's Council of e A port in_‘General Motors | Atlas Powdr (1) Mexican Seabd 5 P b A chid e 2 ? & s ! «|top on 140 to 170 pound averages,|defense and of the Roosevelt mer around 125. Mack Trucks, which wa tin-Nichols.. Mid-Continent. . higher f,,f"g"fil:l‘"'g.‘,‘f.?,.far(fim‘fiv“‘;‘Qf Mexico 45 04 asntd. 2 ’:‘;‘::H Hs 1024 102% 102% | 14.60; bulk packing sows, 1250z rial for Washington. During the wa nearly s d W t week, con- { Balawin L (7) bt oot acting. Sinclair 6s gained a point fol. | Mexico 4s 10 asntd Sl Tomes {355‘ ;?,?,‘V‘ :g,‘v. e ‘wf MI;,:"" Bigy 14 ¢ Heduysp S AECGIR s S ae aOile = u Barien it ol ver TISING | Balto 8 ONi (5. Mid States Ol i e : Tol | S Fe anooniad : 3 m §s. . % 103% 102% | weight hogs. 13.30213.85: medium, | Pean relief committee. He has served 'S e publication of numbers of = oo Colo & S 1.8 7 s i -, ieniency S | SR Misicns T the called bonds. International Tele. | Netherlands 6s54.. S Coba R T g P T O KM PR eaminte ) of (et atng I Consol as Beech-Nut (12) Mis K . Hons atd Do et Netherlands 65 72.. 2 e R Rt 934 13.60a14.60; packin <. 12.30a | Christian Association and is a former n e | T MoK &T pf (6). < phone and Telegraph 5%s sagged with Cuba N R 65 66. . 95 971 | 1) : ine st et i el MK D oa0) N | Missourt Pacific. the stock. The local tractions were S ey T o EREEE 110% 110% R eetra 30000 haaa: gen. | clation of Rotary Clubs, He is a R c vas ¢ Beth Stl pf (7). . Missour| Pac pf. ERESINAL: : Jorway 6s 19 1 4| Del & Hud 5%s. ... 105 103% s arly sales of better | Publican in po Presbyterian Stocks like F o S| Botany A (4). Montana Pow (5) . The Sd.ufl_fl.umt Mansfield )_llmng and | Norway 651944, .. Den & Rio G cn 4s. K 13 des strong: liberal water fil -on- | church affillations, thirty-second ¢ the i Montzom Ward Smelting, Germany, 7s offered to yield 9t B91: were during the greater part of the | Briggs Mfg (3).. s 705 pet vant, was W@ eud the books| oI VAY Sk 105 D Rio G West bs. 644 63| Sldered largely a stee ipper | Eree Mason. member of the Odd Fi e SORLAMCHo BookBlortent Dev.deb s 791% i demand fairly broad: bes v lows and Elks; also of the 04 medium weight s 75:| Rotary, Gavel and Racquet clubs e imost unchanged. = Marquette | BinoMn Ty (4). @3 eot 68 Moon Mot (3). .. A off A point. Atlantic Coast Line | Brown Shoe (2). Mothr Lode(75¢) 6 closed ; prospects slow well as of the Columbian and Indlan | big f o atoek: or| Spring_ Country clubs. And it goes down_sharply | Brunswick Ter. . Mo Picture (1) 2 . .2 Erie conv 43 A Erie conv 4s B he belongs to the Fhe stock market was inclined 10 do | Bur Add Ma (3). 85 ; | Motor Metc3,60) 3 BaLis OLIIins T8, .. somewhat better in the late afternoon. | Bush Ter de (7). Mrmin L G) ' GRAIN EXPORTS. Peru 718 s ? Erie conv 4s D The pressure lessened on the motors | Butte Cop (50c) . Murray Dody. .. Exports of grains from the United | Peru 8s. Erie conv ext 7s. and they rallied a bit. Steel common. { Butte&Super(2). Nash Motors. . .. 31 “| States totaled 6,730,000 bushels for |Poland 6s40.. 9 4 63 | Erie & Jerse however, ot back very lttle from | Butterick....... 22% &3 : Nat Acme (sta) . the week ending 3 compared | Poland 8 ; fts low : Byer & Co... 23, 32 at Biscuit (4) with 2,426,000 the week before. Porto Alegre 85 4 et gging along % 7 s t Cash Reg(3) Commerce Department figures today | Prague Ths....... 6 5% Grand Trunk Ts. .. tie feature, Holers of | 308 Daciongin) 1500 180 12 Nat Datry (3). .. : ve the following comparisons for [ Queensland 6. o Great North 5s. . o down for | Gy - ERERliR) S = Nat Dpt Stores.. 251 25V : id the week before: Queensland Ts. ... % | Great North 5a. they | ¢ 4 Nat Distillers. .. 15 15 03,000 bushels, against . Calume&F p EoE 3 z r North gen 7s. .. Wb |leoi e UL Nat Enam pf (1) 82 2 corn, 332,000 against 317,000; | Fyo 36 Jan 821946 reen B & W db B. . there | Gane Tnreshing. Nat Lead (8)... 145 145% 144 147 s 1.384.000 inst_ 811,000; ‘tve,| 513 Gt po Sul 88, b G Mob&N 5145 B 50 little neyw bus s Thr pt (1. Nat Po& Lt(48c) - 263,000; wheat, 3| gagpaulo City 8s.. 7 | Havana ERL&P 50. & NWSent eager. . : s | Nat Supply (0. 4 b 4 59 ,000. X Paulo §x 1936 . s | Hocking Val 415 o any evidence bing better. | cont Teather pf AR : NY Air Brake(2) « unyf(lum graing in transit from | 500 pauto 1 103% 1034 103% | Hud & Man ret suth A ilx were in de- | Carre Do P (4).. 62% 6 : NY Air Br A (4) {the United States totaled 787,000 sk HOaE Min o8 e Lago Ofl and Transport made | Certain-Teed(4) 39 29 3 anners(c2) 34% 3 3 3% | against 950,000 bushels against 950,- = b 1l Central ref 4s & mew high al . arland Oil | Certain-T 1st(7) 101 £ e uuul. \\‘ ile (;\"h@at ]floul". Ln‘lu-d S:u;e:; Y 211 Cen 4553 was slightly highel 2 d s | Chand-Cieve.... 123 1 5y 13 = o Bl CRRALAR, b RIe R o SOHU s o ny 6 515 831 111 Central 5igs. up another fractio | Chand.Cle pr(4). 28% 29 i NY nnunim) 5 5 157,000 barrels against 200,000. SHEaEIETys it %| Int Rap Tran bs.. G R Ches & Oh (12). 12 % 12 A "‘.’;“: ;" : —— e Sweden 6. y 5 Int Rap Tr 5s stpd. LOSING SGULAR. | Chi & Alton - s : o 85 G e % Int Rap Tran 6s. ... Chi & Alton pf S5 9% g | L RO ERE - % 3 OIL PRICE RAISED. i Int & G Nor 1st 6. Short Covering Starts Rally in Motors [ Chi MI& St D, 9 - ) ag Fopf (1%). 2 PITTSBURGH, Pa., May 17 (). : 4 | Int & G Nor ad 6s. . k 160 | | An increase of 20 cents a barrel in|Utd Kingm 5ics 2 i lowa Cent rf 4s. Chi Mil & St P pf AL Norfk & Wn (18 ° Toward E | Mil & StP etfs ot nie) { the price of Cabell and Somerset me. | Utd Kingm 51537, Erpnibdly . n City 5 | Chi & North A (B3.40). 5 17 (@) e NORtE A Ppe3 5 50 |dium and light grades of crude ofl | Utd Steam Copen 6: 90 fancitys : Short Chi Yellow O(4). NthAm 1d pf(7) was posted by leading purchasing MISCELLANEOUS. I °{: gf" erm 4. started a rally in tie motor shares to- | Gl Yellow Ced). 43, 44 48 | Sorth Pac (5). agencies here today. The new prices | Ajax Rubber 85. ... Lake Shore 45 31. ward the close, bu sh selling broke "midx {{’,’ 4-0) - 2 Norwalk (1.60). . i;u‘p“ " :mu g“_\de (l:, Eureka uge,. Am Agri Chem 7 len 4s. out in other quart ettt 3] s = 5 " & 2.40; Somerset medium in Cumber- | Am Chains..... Loose Wiles Biscuit broke 8 poinis ‘:::fllf:(.?:’:‘{;' g".‘h\ :Ilr:*[['x‘r“ 5 ' {land lines, $2.50, and Somerset light | Am Repub deb 6 }33‘* }35 f nd the sec * P '] E . e )r‘" :4“‘, tor (6) 112 - o in Cumberland lines, $2.65. Am Smit& R 1st 5s 100% 100% United States o‘l“;'xurl'n[‘ ;r'o'n' 3 :):1: il £ R IR R ... s 1074 Man Ry 1st 90. . Famous Playe ) one | o Gas & El 2 Outlet Co (+3%) 5 WOOL QUOTATIONS. AmT&Tecl trds.. v & L5 b S ”M]‘;m Col G & E pf g % 1127 112% | Owens Bot (14). 58% 587 Special Dispateh to The Star o e 19 points below the | Col Carbon (4) 62 2% €21 Pacific Coast BOSTON, May 17.—Sentiment was | sm water Wks - e a6 and Gen. | Com Cred (2)... 2 2T 2T% | pat oil (3) ) o 3, | decidedly mixed at the start of the | Anaconda 1st 6. .. - MStP& qsvs Motors: were ¢ Com Crrf (1%). 3% 23% 23% | pyokard Mot (2) 37 ¥ % | week in the wool market, some in-|anaconda cv db 7s MK &T 18t 4s or more abave last week’s final pri 7 (‘.amvs;fl\' B . 139 1»!7' Paige Mot(1.80) 4 5 4 clining to optimism on the strength ‘Andes Cop 78 ,.cm_'_ 7 MK & T adj 5 sociated with the G T proximated 1.000.000 shares. | Congoleum-N... 14% Fan AmBIE). of small I.Sxyting by worsted manufac | Armour&Co 44 rf MK&TprinssA. FOBEIGN EXCHANGE. of Cleveland. and later | Congress Cigar 10% Pan.AmWnB(2) Jlrcrs gnd ftop malore St e (e favmosr Detbs. . MK& T 6s 3 (Quotations furnished by W. B. Hibbs & Co.) | New York Trust Co.. being in charge CorapiiEar. . - 0% Panhandle. ... .. O acor, irebt el o untereating | Associated O11 65 Mo Pacifie zen 4s.. 79 4 N s of new business departments in both ‘l k s ¢ t a Glanct‘ Consol Distr: 3% 4 Park & Tilford ra; ctiol % was e sale for | atjantic Refin 5s. .. 2 102% Mo Pac 5s 1965. . 3 alus tod banks. Markets a Consol Gas (5). . . Pathe Ex (c3)... v Sxiioee fot 11801 balesliof Hirs{iaps Mo Pac 6s 49 D... % 1081 | Londor., pound. k Francis T. Savage states that it is Consol Textile. . ? | Penick & Ford. . , CClE e o clan e . el GNe - 9915 Mo Pac 6s 55 F i e a5 * | the bank's intention to add further di 4 oo il Cont Can (16). Penn C & Coke. 9% | Australians are t ing held for about | Bell Tel Pa 6s B Mont Trm ref 5s 41 7! v : 3 rectors in the near future. YORK —Stocks _irregular; | Cont Can (16). G y $1.05 for superwools and $1 for fair | Bell Tel Pa5sC. ... 103% NOTex & Rome: T ) g Y ndising _issues heavs - Bomas | CONLEERD. L) e Penn-3eal Steel. average. Beth Steel rf3s. . 1005 ex & M5sB.. 10015 e 2K New Tssues Announced Today. pab: French franc recovers. Cotton |CornProd (). by gy | Eore MU EH) 5 Brier I St 12:5%; Lyt i % 97 Fand: ® 34 | day in connection with the offering e Guba Cane 54 ¢ TRl & ROKT] 37 s Far a2 3 Bklyn Bd gen 6s. . . ? NY s 105% 1054 | Braie, éror = of 5,000 shares of preferred stock at easier: Cu . (Qolles dowek: § SUDE EETE BT, g Th o Sk “ Bush T Bldg 58 60 . Ok “ent .. 1074 v, zloty. ... K £100 per share and 25.000 shares of : 5 Cuba Co (4) . 48% 11ip Morrls. .. o Third Avenue. ssu 5 o e L o 2 o at $20 per share commission house k—"—llm Cuban-Am § EllipRiBet (3, SeH) Tide Water(1%) 311 oo bt S YChI&SIL 514 5B i O oL L% (6 Fettred Amariton GHICAGO—Wheat weak: profes. | Cuban Domin Pierce-Arrow. . . Timken (14).... 49% Cen Eeats §54s/cen 5 e i Siocknoim, eowi’ e The books are (o Témain open sional selling. Corn lower: general | Cudahy Pkg (7). Pierce-Arrow pf. Tobac Prod (7). 97% 9s% GBS Copuer fn . g NEW YORK, May 17 (P).—Foreign | until Thursday noon after which ap. liquidation Cattle steady. tiogs | Cuyamel Fr (4). Tob Prod A (7). Col Gas & El 58 "‘ - exchanges irregular. Quotations (in | plications will be referred to an allot tirm Daniel Boone.. . . 4 S Ll R EEaG Tt P 6. 5 cents): Great Britain, demand, 486 3-16; | ment committee. . Davison Chem.. 34 Babdrveadis Underwood (4) ... o NY W& B -4:4 A cables, 486 11-16; 60-day bills on banks, | Offering is made today by Macku Pitts Coal p! . Con Coal Md 1st 5s. 8 o = g UNCHANGED e Pitts Term Coal i aE Con Gas N Y 5%S. . Nor & gen 55 54 482 316, France, demand, 3.01:{bin, Goodrich & Co. of Baltimore, and BUTTER . Detroit Ed (8).. 128 a0, ; % | Un Carblde (5).. 2 Cansumera Pow 55, Northern Pac 3s. ; cables, 3.01%. Italy, demand, 3.68;|other firms of $2.000.000 National - ~gm) Northern Pac 4s. .. 4 l"lhlfl§ 3.681% Demand. Belpium, Union Mortgage Co. 512 per cent _CHICAGO, May 17 (@ Butter— Devoe&Ra(2.40) 85% UnOil (2)...... 4 AR ARG v T8 Postum (4.40) o Un Pacific (10). CAs Carte oy 88 Northern Pacr i 63 13 113% 13 Germany, 23.80; Holland, 40.22; | bonds, due June 1, 1931, at 100 and in The bankers at the same time receipt: 1 tubs; | Dodge Bros Cl A , P, Refiners. . i .. “standards, | Dodge pf (7). .. 703,70 | o RIS Un Pacific pf(4). Cibad ANSuESs. - Ore & Calif Ist 58. . y 1005 vay, 2 Sweden, 26.75: ‘| terest. extra firsts, 39a39%,: firsts, 37a | Dome Mines (2). 3 15| pun Ser N 3 (3. " . Un Tank Car(5). 4 Dénver Gason. Ore Short L rfs v 97 9714 26.29; Switzerland, : announce that $2,000.000 20-year 6 Gonfk. ‘Blas! Dupont (10).... 20 Pub & NJ pf (7). 106% Utd Alloy (2)... Dery (DG) 78, 8 | Ore Wash 1strf 4 86Y% 8% in, 14.42: Greece, 1.36; Poland,|have been placed privately. C. T Dupont deb (6).. 102 2 D BEAG BES 'L;:g Clgar 8 (e) Det Edison 58 40. Fennsyl gen 434s. 98% @931 98v | 9-00; Czechoslovakia, 2.96 Jugoslavia, | Shaefer is the firm'’s local represent uquesne p 3 il o Pullman Co (8). 3 Gl SR Det Edison ref 6s ‘ennsyl gen 5s. 1064 105% 106 z 14.125; Rumania, .37%: | ative. SOUTHERN SEEKS LINE. Eastman (18)... 110 ¥ PureOfl (... . Z United Fruit (4) Dodge w 1 6s. . Pennsyl 58 64.... .. 102% m::z .25; Brazil, 14.60; Tok The Western Maryland Dairy Co The Southern Railway asked the | Eaton Axlam.. 28% 28" finihioCoriaria E‘S?‘{{,';,V:m’; 85 Donner Steel 75. 94 $9““5Y'§°‘1!-_ 13 1s &h:\ngh.\l 72.125; Montreal, { announces the offering and the sale of day for authority to acquire an uf - 11 Cefs (4). st Cuba Sug s 106 2 s 56. 7 Lol ¢ r 20-yea d . T operate a 6l-mile portion of the Llecu;ic Boat... 4% i e g Empire G & F 75%s. 2 f0in 10z, | Eo MAT 1eton 103 108% | nnoASURY CERTIFICATES, | being handled by Gillet & Co Yine formerly operated by the Ensley | Elec Power & 1_.:. 18 Rosalig (&) % U & Reaity 4) Fisk Rubber 8s 114% 114% | port RL & P 55 42 1034 1031 Credit Convention Approaching. Southern, from Parish to High Level, | EP&LDf 40% (7) 1004 Reading ris 6! U S Rubb Goodrich 6%s. . 106% g 91% 91% | (Quotations furnished by Redmond & Co.) ¢ Ala. The application said the line | Elec P& L pf(7) 92% Sl o UiS Rabier 1 Good year 85 1931.. 3 Soi | S E e % 100% 100% o tom |+ Locak creditimen are much (0IGE Juns through a rich coal section not | Elec Refrig(f2). 64% o 64 Remingtn 18t(7) US Sm pf (334). Goodyear bs 1941 121, | Rlo G Westelds... 83 83 |aus Dec. 15, 1 6 100597 "“;’,“ ar ,-‘:':m‘"{,";',;”“3:12,‘,92"::, = now served by a railroad. Elec Sto Bat(16) _76% Replogle Steel. % 9% 9 U S Steel (1) Hershey b%s 101" |RTIArk & L 4%s. 937 937 |38, June e RAtiopal Cxec e e Th it 5 . SMAicott pr (7 . AITA Rep Iron & Steel U'S Steel pf (7). Hoe & Co 635 9314 | St L IM&S 45 29 #igs June 1 New York Monday, May 24, with Equitable pf () 101 Eevsdn By, Dt bie Veetes 1% | Humble O & R 6%s o oo | St L IM&S R&G 45, & 9 74 | 4118 Sept, . 52 | headquarters at the Tiotel Commo N. Y. C. EARNINGS GAIN. ‘;_;:: ]1:"“: : e Rey Tobac B (4) Universal Pipe. . o 177 | Lllinols Bell 1st 5. 10274 | StL & SF pl4s A ‘ 1148 Dec. 15. 4 - ;:‘“1‘:'Pfld:v:: nhen 10;:\:‘”&‘0’:f!::; NEW YORK, May 17 (P).—The re-| [aureka Vac (4). ~ 474 | Royal D(a1.339) Util P&L A (e2). i gl‘t‘l“‘:x‘iss‘::;l‘_“:s Rl st LEST o o 4500 delegates are expected to at- port of the New York Central Rail- : Safety Cable (4 Vanadium (3)... Int Mer Marine 6. 132 104 | O L & S ad) 65.. 20 ‘97 ’m 101% SHORT-TERM SECURITIES. |tend. “Preserve Prosperity” has been Poad for the first quarter of 1926, filed | Fairbanks (3)... StL & SanFr (7). Vick €hemical. . bl 6% 967 " | gecidea upon as the convention's key- . 5 Int Paper 6s 47 34 94% | St L& SF inc 6s. wq 904 (Quotations furnished by Redmond & Co.) State Public Service Com-|Famous Pl (8). StL&SanF pf(8) Va CarCh(n)w i. Int Paper 6s. ; . 98| StLSW lIst4s 87% 20% oon. note. The program calls for many hows surplus of $9,919,640 | Famous pf (8).. St L Swn pf (5). Va-CarCh 7% pt ItT&T 5%8 98:6 StL § W con 4;12 87% 87% o Bi . | trade-group conferenc as these and charges, equal to| FedLight(*1.40) 20% Schulte (§8).... Va-Car Ch ctfs. . % | Kan CP&L 55 A 52. 18] Gt P & KOSKL 4% . 2 - 102% 103 | ectings in the past have proved of 83.35 capital | Fed Min & Sinelt % 658 Seaboard Alr L. . Va Iron Coal & C Kan G & E1 68 52. .« s | St P Un Dep 55. . . . % 9l |Amer: Beet s 5 exceptional value. s oLl e R Seabd Air Lot Y 9% | Kelly-Spring 8s San A& Arn P 4 885 . 83,4 sons | Anscamin. Corvar iR The thirteenth annual convention 2 r 3 sher Body Sears-Rn (218). Vi : 3 % o ital’ stock same period last | Fisk Rubber. ShellT&Tad65c. o DL s Co bl o 19t T9% | na year. Total income $21,509,231, | Fleischman(2 Shell Un (1.40).. ] Waldorf (1%4). L rd (P) T8... Seab All Fla 6s. . .- 5 e s against $18,839,086 Fom:‘ilauox ::I Shell Un pf (6). Ward Baking B 26 Louisv G & E 68 52 Sou Pac 45 29. 5 98% 95“ g:u oh A B ks e i, Wacner HioR s Manat! Sugar sf 7% Sou Pacific elt 45.. 15 00% 9014 9014 [ Clby of on b 107 NEW YORK PRODUCE Free[;olrs- e:;%) 22322“;3&; ). Y{i‘:‘iti’afl‘y‘ifi&" Mid-Con 635 40... 23 Sou Pacific ref 4s. . 9215 921 gp | Columd. ‘(;?l & ¥ 1st 5 Gabriel Sn( i3 . 15s. Southern Ry gen 4s 2 Special Dispatch to The Star. Gen Asphalt. 6 Sinclalr Oil. . West Md 2d pf. . fi:,‘i,‘{::,‘.sfififi, bs... § C ;g: R;rcun};:fl. . |332 ‘55% l:?; ;m:::lgdodu:_t;‘}s ‘r,s’ 5 44 NEW YORK, May 17.—The whole- | Gen Asph pf (5). 108 LR West Paclfic. Mor's & Co 1st 4% 8 86 Sou RY 65 56...... 10 111% 1114 11145 | Go00vear P e S sale market was ily supplied to- | Gen Elec (c8). .. 309 Skelly Oll (2).. : % West Pye pf (6 - 1| Goeat day with lettuce from North Carolina. | Gen Elec sp(60c) 11% 2“;";5:";:3‘;’(;3 West mg«zx; (.2’,‘ 1 The iceberg type in five-peck ham-| Gen Gas A(elt) 87 3 So West A B(17 'Y Edison 6%s. .- 14 Third Ave ref 4s sx pers jobbed out at 1.50 to 2.25 and|Gen Motors (116) 125 3233";3:':7311'. : : ‘fi‘:fligf'ghf%:e)' & E\'GELH&Pl 5 e oo gg;z el ,..(, R N Y Tel 4%8. i Tol Tr L&P5%530 2 984 98y Ra I 4 1 9 1 shares made new low recor sinee him nts v A% was ation in a _ecom teeves, Pocl this year for rec (uite as conspic uuxh hehind oS awtmamE EIe P TRumualtuuntonziSuiaian 72% s Joms | largely 10, : %6 and bet.| American Bankers' and District 105 | ter: outsiders, 2 Bankers’ associations, 99‘..}1 Sheep—Receipts, 18.000 head; fat hange Trading Active. higher; elippers : bulk desjrable | Trading retty lively on s <, averaging W ashingt ! < pounds downward, 14.25a15.00; few to | When the outsiders, 15.25; nine cars of medium |Gas Ligh California s, with 35 to 40 per|E 4| cent sort, 16.00; average around 75 847 | pounds: few sales of fat sheep steady: 96 | desirable clipped ewe: : on 6% | load California feeding vearlings aver- g S1 pounds, 10.00. SRR S Natlonal Mort A nt preferred totaled DEFICIT REDUCED. 170 shares, the price opening at 8, S ¢ and dropp §1y. There were two W YORK, May relim- | 470 ¢ i e Potoms | figures of April earnings of | Taicy, i LAnton a8 &0, o Fom cer the Chicago and Eastern Illinols Rail-|{{fotes sold at 1t way indicates gross of $2,067.583, the | = ¢ " N Gipy largest for that month in 10 s, | brousht 8614, C I e e anged hands at par, Washingto o i ids s 5s were out at 10113, Potomas 550 in 1.,,;" ctric Consolidated 5s sold at 1002 and bond trading ended with a_sm: sale of Washington Gas 6s at 102 DU PONT EXTRA DIVIDEND. Bank Adds New Director. WILMINGTON, Del., May 17 (®.—| Franklin W. Harper, for man: Directors of the E. I. du Pont de|years a resident of Washington, ar Nemours Co. at their meeting today ,yrwdenz nd treasurer of the declared the regular quarterly divi-|rison Paper Co.. has been m dend of 31 per cent on the com.- |director of the Centrm Savings Ran mon stock of the company, payable | Cecil E. Way, an alumnus of Obe: June 15, and an extra_dividend of |lin College, been appointed mar $4 per share pavable July 3, both [ager of the new business departmer to stockholders of record June 1. [of the same bank. After serving the World Wa e @ ND BB N =D R S B ] of the Mortgage Bankers’ Association of America swiil be held this year at Hotel Jefferson, Richmond, Septem- ber, 21-22.23: For president, E..D. Schumacher of the Southern Bonll and Mortgage Co., Richmond, is the nominee of the board for election in September. The Mortgage Bankers’' Association is making a remarkable growth, hav- ing already this year added 133 city mortgage bankers to its membership list. Southern Ry 6% us% nuu us»s Gulf ou Corn: P ‘New Eng Tel 5s. .. Term Asso S.L 4s Humble, Ol 5% M SUP &S.S N.Y Edison 5s 44... FEETEOR PSSR 8 BAR SILVER PRICE. 3W YORK, May 17 ().—Bar sil- ; Mexican dollars, 49%. e ety SR b e b the big Boston variety at 50a2.00.| Gen Mot pf (7).. 116 Romaine lettuce sold at from 1.50 1o | Gen Outdr Adv. 281 281 | South Port S (6) g White Eagle (2) N Y Tel 6s 41. | Unton Pac 1st 4s... 11 94% 94 Southern Ry (1), White Mot (4), . North Am Ed 68 1ok Union Pac 1stre4s 16 90 89w Sontai 6. 5 3.00. Gen Outdr A (4). L . R s < s13, | South Ry pf (5). 9! 91 | white Rock (2). m Ed Beans from South Carolina are | Gen Petrm 3) 6 Std Gas & EI (3) iaseiinctts.. North Al 6%s. €. Oil P. C. 8wift & Co. bs 1937 1085 | Union Pac 4s27.... 11 93k g st & 95| Union Pacev 6s.... 1 102 102t Uhign Pac’m. C 99% | Virginia Pm;m 5s. 14 102% 102% T, S uvber Ths 1030 7 % 107 Va Ry &P bs. 4 99 gay, 12" 44 s i hamper. The wax commanded 4.50 to | Gold Dust. e Wilaon A (new) 10 ; Oare 107% | wabash 15t 58 108% 103% 107 POTATO TRADING SLOW. arriving in larger volume. Fancy | Gimbel Bros. . T &L 6s. tender green round and flat varieties | Gimbel Br pf SHICIE DIy 5 mi{ys-g;';rfl?‘n)d NoT D e s S e ys 6.00 10 7.0 i 2 jobbed out at 6.00 to 7.00 per bushel | Giidden (2) 19% Sta ofl Caln (). e AuEEw), 16 Otls Steel 83 =% 55 > % 6.00. Florida green and wax in 28| Goodrich Ru (4) 46% 467 J > S st hasnpers jobbed out from 160 | ecdrich P, 98 . 98 Std Of1 NJ p2(7). Worthn Pump... 24% 102l aomg| Watean SEEN L SSL1OLG 101K FEDERAL LAND BANK BONDS. to 6.00. Lima beans wholesaled at|Goodyear pf (7). 99% Std Plate Glass. % Worthtn A (7). 0 0 Pac T & T 58 52 101% 101% ol CHICAGO, May 17 (#).—Potatoes, 7.00 to 9.00. Gothim S H (23%) 2o % SerlingBrod(h) Welght Acro (1) Pan-Amer Pete 65 106% 1067 | West Maryland 4s. 2!4 | (Quoted by Alex. Brown & Sons. Closing.) | 19" stock, trading Very slow, market “Due. to carcity of fancy celery, | Gotham pt (7). 102% Stewart War (6) Yel T&CO(T5¢). .. 221 Peoples Gas 8. 1014 (o134 | Western Pacidc 5s. 17 1004 100 Rate—Maturit JBia, Asked. Yieid. | 00 %5 %05tal United States shipments prices advanced. Golden self-blanch: | Gould Cou (2). St Suomberg (6).- .. Youngstown (4) Phila Co rf 63 A e % (318 doy Saturday, 652 cars; Sunday, S cars; ing in the rough packed in crates| Granby Consol.. 18 Studebaker (5) " g siven u the abo Pierce Ol deb 8s. i et gl Bl fay ; 3 i | Wisconsin sacked round white, 3.00a 553 o 8 dozen stalks wholesaled at| Grt Northpf (6) 72% Superior Oil. m'“’”'.’nn""'mn e table | ublic Service 6s. Wisconsin Cent 4s. 12 85% 84% . § 3.35, according to quality and condl- 4.00 to 6.50. G{fio, 0"”““, 19% 20 Superior Stl (2). Pub Serv Elec 6s. 107% 107% 107% . 10 ‘19 | tion; Minnesota sacked round white, poted: divi- | p Serv Gas5%s59. 1105 105 105 | NEW HAVEN, Conn, May 17 ; 15 18| 2,6522.90; Idaho sacked russets, 3.25a Increased supplies of cantaloupes A 10 ‘Tenn Copper (1) 11% e| ded. Sl Abe ket BtRREA LI eS %% 6w 0% 6% | TexasCo (3). 50% 50% 0% Sear. fio_regular rate, b or 5108 105 205 | (Special)—Prices 162310, ‘purchasing uly 105 ! 49 [ 350 new stock demand good, market crates of 43 cantaloupes from g"%lé Gulf Mo & Nor.. 27 Tex Gulf § (10). 183 133 132% 133 u'.,;'x-:ggl R Tl e ";-flg l" :8% !1. pover 65 7-10; ;:un:mpu not available, 3 34 32 |Arm: Texas ;;‘;“M“Nfiflrfi;k'g‘fl; forn! ut .75 to 7.00, “ee flu ‘econol < 5 g ot ornfa peddled out from 5.75 Gulf States 8 (§) 62 Tex & Pacific. 62 b2 m: 52 able ll'z“m" ‘ rving Fisher, mht.rom : 18 Sm‘(“"‘”“g Foce: 100 and Mexico, 486 to 4.75, o stock wabl-