Evening Star Newspaper, May 21, 1926, Page 30

FRIDAY, MAY 21, 1926 FINANCIAL. FRCESADVANGE | Co v BONDS o) ™At M OTTMEST INSIRANGE SAES ! | May Shows Prinsunsed Weakness,? SH[]w LARGE GMN i IN BUND MARK[]- UNITED STATES. e in £1.000.) $ <h. | Corn and Oats Also De- 105% 105% | o i e | District Second to Idaho Only 1074 107% | | < p " L | o5 ta: Akoeialed Press in Per Cent of Life Poli- cies Increase. NEW YORK STOCK EXCHANGE Rececived by Private Wire Direct to The Star Office SHARES GO HIGHER | IN STOCK MARKET Temporary Oversold Condi- tion Recognized—Motor List Leads the Way. Low. Close. 137 138 102% 102% 4 102% 10 Low. Close. ; 4z 43 46 48 991, 98k 99 | 41 40 | 104% 104% 104% | 19 18% 19 | 71 3% 34| 19% 19% 19%] 91 9314 1 a7 27 5100 99% 67 654 5 108% 1084 271 33 5814 Low. Close. ¢ Hizh. 0% 71 107 107 111 111% 104 10% 84 8% 1097 110% 9 | 113% | Skelly O11 6% | South Bell Tel Southwest Bell 5s. Tenn Klec Pow 68 United Drug 6s. U'S Rub 15t rf 5 US Rub 7%s. . U S Steel s f 5s Utah Pow & Lt 5s Vertient. Warner | warner Sug West Elec . Westinghoi . Wilson & Co 1st 6= Winchester A 7. Youngstn S & T 6s High. 1% 107 111 10% 8a 110% 1114 109 Open 70% 107 m 10% 8. 110 9 111% 10915 24Y 5 56 28% 75 16% 115 old Dust Abitibl Pow (4). ioodrich Lu (1) Goodrich ftu ( Abr&Stras 7% p: Close. 100 26 102 102 20 100 21 1014 103 8 10111 104 10 © 108 § 464 99 487 U. S. Obligations and Raill Mortgages Steady—Buyers Seek Higher Yield. 5102 101 20 R 102 22 102 20 . 174 100 26 100 24 46 1016 101 ¢ 124 1035 1033 . ESZ 101 13 101 10 - 107 104 12 104 10 US4%s52. 1110812 1088 FOREIGN. Sales. High Argentine5s...... 3 89 Argentine 6s Ju 18 983 Argentine 6s Oct 59 15 981 v. Rumley. ... Ahumada (+1).. Alr Aeductn (75) Ajax Rubber. ... Alited Chem (4). Allis Chal pf (7) Amerada (1.60). i Am Aerlenl Chm Am Agri Chpt. . 98 98 | CHICAGO. May | American and « 21 Rains the | nadian _ Norihwest | Lied to lower pi early” today for wheat, despite higher quotations H Liverpool. Opening at % off to % up the Chicago whes soon_un | derwent a material with My | showing pronounced weakness. In| . corn and oats in M & N pf ( Gulf Stats S —_— a 3 Low. Close. | 89 89 ! 954 98% 98 98%| BY EDWARD TONE Sales of ordirary life insu in the District of Columbia again made P. WEST. BY GEORGE T. HUGHE! Sth ! Am Beet Am Bosch...... Am Brake Sh (). 103 ateh to The 103 YORK, Ma NEW The stock Houston Oil. market went highe 1y, any nee from the but simply because of ih i professional circles that stocl become temporar oversoid shares led the way, closely by the rails, which were be up in anticipation of & favorable April earnings re prt of thing has during recent moj us vesult has favorable earninss comp: discounted by a moderate ind. and when th out they had no further ever, the strength in tive old line leader New York Cent notable. A stocks. there was con of Wabash, Kans Missouri-Kansas-T Mail Order Shares Stro Other parts of the List we Mail order shares & companies repy tors trade in x There was o selling in this « The steel for the most aying atte steel stocks we ade reports whic Jle as comi optimistic predictior Tt looke ve of th prices. s de news, h: - act e buyine hern and Vete cessation of e the I the start of if these trade reports by the" months in stock The rise i e ributed m: ings. It involv son Motors, Ms Pierce-Arrow, al Motors he last nan In specul: commonly had been no choy bile trade 1tion short interest run in as soon as established further liquidation. A.T. & T. Rally Subsides. The rally i n and Telegraph subs ing the stock up 141 to above 147, soon : nouncement e new Montgomery Ward, in recently -had heen a Eoc f cks bought points. Allied neral Lier suppe three at o short cover- Hud- Chrysler. wors, Gen Overland 1 point rensol o om asa lar detinitely s to be no opi and G higher. The effective. point. Colorado higher. Ac Lago around York trac and at one fractional Manhattan Avenue. Fue ve NEW YORK rail issues lead Bonds steady: fore rails and 2 changes ) liguidation. Corn steady: itle firm. regular. PARIS PRICES IRREGULAR. moved francs rdon, 15 - cent loan, The dollar was quoted @ < 80 centimes. | heen measured | without | Am B Shoe pf | Am Br Bov El tion { Am Br Ro pf (7) Am Can or | Am Can pf (7) ~d | Am Car&Fay (6) n Chicle (3). . { Am Dru { Am & For Pow. . 1 Am Hide & L pf. Am Ho P (2.40) . | Am Tee | Am Internarl. . Am La Am: Shiy Am Tel Am Tob: Am Typ Am Wa Armour Armour Armour Art Met; Asso D | Asso Oil (2) . { Atchison (7).... e there | Atl Birm & At. . | At1C Line(t9 [ AU Gult& WI ready 1o | Atl Guif&WI pf. Atlantic Balto & Balto Bang & Beech- Belding Beth Stl Botan Br BkiIn-Mr Bk-Man | Bkin Un | Brown Shoe (2). Brunsw: Burns B; Burns B; Rur Calif Pa £ Pef Can Pac| Case Th Case Th Ry ‘ertain rtain and- « Chand.C| Chi & Al Chi & Al Chi Mil € Mil&S FOREIGN EXCHANGE. Am Linseed. ... Am Locoraot (8) m 1.oco pf (7). no pf (7) afety R (3) Am Tobac B (8). Am Woolen. ... Am Wool pf (7). Am Zinc. . Am Zinepf.. ... Anaconda (3)... Atlas Tack. ... Austin-Nichols.. Baldwin L (7).. Barnsdall A (2). Bethlehem Steel. A, Mfg (3).. | BkIn Ed dd Ma (3). Bush Terminal. Bush Ter de (7). Butte Cop (50c). Butte&Super(2) | Butterick. Callahan Zine. . . 5 1 Calumet& Ar(6). Cent Leather. . . | Cent Leather pf “erre De P (1).. Ches & Oh (112). Chi Great West Chi Gr West pf.. Chi Mil & C Mil & S Chi & Nwn (4).. Chi Pneu T (5).. Chi RT& Pac... 9 CRI&Ppf(6). 71 {ChistPM&O 114 4. 247 ! 951 . 431 D 125% 931 374% 5% 15% 38 247 123 35 128 103 28% 9554 1174 94% 650 106 2) 2) R (410) is (1) ator (4) p & Com. Am Sm & Ref (T3 Am Sugar (5)... m Sugar pf (7) & Tel (%) | A Tel& Teleg rts acco (8). e pf (7) Wo c1.20 Del pf(7) A (2) 111 (B) al (1). G(218) ¥ 1st(6). Refing. . Ohio(5) . Oh pf(4) Ar (3) at (13) . Bros(3). pf (7) ison (8). n Tr (4). T pf(6). Getit) ick Baik. 1o (10) rB (2 cking (8 1291 | trol(2).. 3 3 3 2 | 60% | 4 160% | 83 104'% ific (10). reshing. rpf (7). NT(+12). ced T IStT) eve. le pf(4). ton......... ton pf. . SEP ... P pf t P ctfs tP pf cfs | C StPM&O pf(5) B. Hibhs & ial Seilinz “today S4.861 Quotations furnished London. pound crown 710ty lo crown Stockholm. crown —Foreign Quotations (in tain. demand, : 60-day bill ance, demand. Ttaly, demand exchanges -ents) Demand—Be 3.80: Holland, 40. 5 Den 2 14.75: Tokio, 47.125: Shanghai, Montreal, 100.01 916, | | | DIVIDENDS. v Pos- iy Stock Adams Am_ Tel Express & Tel Do Arso Dy’ Goods ist pf 1y 10 ulf States udson Mot W0 o 1-Rand . t ment 0 i | Gt Harvester It Sait tndm! for-Goid_Pte’ pf. Q {(mmm" Val pt S48 ational 5 Paragwine Q Plymouth shell Urion” 01 Slowe-Shefl S & ot FEDEBA—_L‘LANDA BANK BONDS. (Quoted by Alex. Brown & Sons. Closing.) Bid. Asked. Yield. 1005 1007 1005 10074 i Cu { Childs (32.40)... { Chile Cop (214). ! Chino Copper. ler Corp(3) Col Fuel Colo Southern. 1Col G & Epf (7) 3 | Col Carbon (4).. 6: 3 G2 | Com Cred (2) Com In Tr pf 613 Com Soi Com Sol Congres: Cons Cuba Ca Cuba C Cuba Co Cub ‘udahy amel Davison Del & H Del L & Detroit 5 | Devoe&Ra(2.40) Dodge Bros C1A | Dodgept (7).... Dome M Du Pont | Dupont El Auto Electric | Blec Power & Lt EP&LDE 40% (1) Elec Refrig(f2). ec Sto Bat(16) End-John (5). .. i Endicott pf (7). ErieRR. Erle 18t Eureka Famous Fisk Rul FiskR 1. Freeport Gabriel Gen Am Gen Pet Gen Ref Glidden * Congoleum-} 1 Cigar Consol Distribu “onsol Textile. . Cont Can (16) i Cont Mo | Corn Proa Cuban-Am S (2). | Cuban A Cuban Domin 1 Dom pf. . DRG Wst pt. Eastman (18) . Eaton Axle (2).. Eisenlohr & Bro Fed Min pf (7).. First Nat 8(1%) Fisher Body (5). Fleischman(2). . Foundation (8). Fox Film A (4).. Gen Asphalt. Gen Clgars (4) Gen Elec (c8). .. 311 Gen Elec sp(60c) 11% Gen Gas A(el%) Gen Motors (116) 127% Gen Mot pf (7).. 116% GenOutdr Ad 50c 28% GenRySIg(t4%) “ 34 | 204 | 300 | . 19 & Iron. b | Ist (1) i & EI (5) ; % 76 | bl A 89 | 148 148 14% | | a1 5274 | 4y | 928 | 13 | b | 10 | 48 il 1 VA1) ... s Cigar. t (80¢). . ne (4.80) .. 50% | 248 | 1034 it | 15% 84 | m pf(7) PKe (7). 1Fr (4). Chem. . sS4 35%1 ud (9) Wn (17) Ed (8).. ines (2). (115) . deb (6). 212 9 102 | i 110 256% 124 63 % 17% 100 647 6% ! 67 117% 117% 32% 3215 32 | 39% 46% 123% 2% 33 81% 15% 9% 41% 92 63 82% Lt(16% Boat 100 64% T6% 67 117% 324 385 46% 122% 2% 32% 807% 14% 9% a1 7% 63 31% pf. Vac (4). P1(8).. 1234 | e 33 Bl 15% 79% 41y 90% 63 bber. st pf s( t-Texas. ! Hua. | Man-r ! Marac: e o | Pites Howe Sound nMan (21 Hud Man pf (5) Hudson Mo(312) Hupp Mot (1). Tilinois Cen (7). | Indep O11 (1). Tndian Refinin; an Refgetfs 1R (H1) Tnspiration (2) Interurb Rap Tr. Intconti Rub(1) In A C prpf(7) Int Bus Ma (3).. Int Cement (4) Int Com Eng (2) nt Harvstr(8) TutMteh pf(3.20) Tnt Mer Mar pf. . Tnt Nickel (2) Int Tel & Intertype (111 Tordon Mot (3). Kan City South 20 011 & Tran hert Co o & Rub 1) Lima Loco (4). . Loew’s Tne (2) Nard(3). orflard pf (7) Lonisiana Oil LonisGasA(1.75) Lonis&Nash (6) Ludlum Steel | Mack Trucks (£) | Macy HR & Co Man B \an V(1412) 2 etd (43). av td t(112) ho 01 Market Street Market St prior Marland 011 (4) Marlin Rock (*) Martin-Pory(2) Mathieson (4) May Dept St (5) Mavtar Co (2).. Metro pfe1 89 Mexioan Seahd Wan & Miller R etfsi \in St P & S8\ M S P& SSM pf \ie Kan & Tex Missour! Pacifie Missourt Pac pf Montana Pow (5 Montzom Ward Moon Mot (2) | Mothr Loda Mo Picture(114) Motor Met (2.60) { Motor Whi (2) Murray Body Nash Motors. ... | Nat Aeme (sta) Nat Risenit (4) Nat Cash Ree(2) Cloak & & Datrv (1) Dnt Stores Distillers Fnamel & S. t Enam pf (7) Nat Po& Tt(40e) Nt Fy Mex 14t Sunply (1) t Tea (1) ir Rrake (2 CEST, nf (6) NH & Hart Norfk & [Wn (+8) North A IB2.40), North Am pf(3) Yorth Pac (5). .. Norwalk (1.60) Omnihus Ormhenm Cir(2) Otis Wavator (6) Stae] Ontlet Co (+314) Pac Const 2a (4) Pae O (2) Piackarad Mot (%) Patre Mot (1.80) Tan-Am (6) Tan-Am P () P AmMWnRB(2) Panhandle Panhandle nf Pathe Ex (e1) Ponick & Ford . . Pennsy R R (2). Penn-Seal Steel Peor Pere Marq () Pere Mara nf (5) | Pare PhilaCo (4). ... Philn & RC&T. Philip Morris Phillips Pet (3). Pierce-Arrow. Pierce-Arrow pf Pierce Petrolm. Pitts Coal......v Coal pf.... Pitts Term Coal. | Pitts Ut pf +1.20 Pitts & W Va(6) Postum (4.40) Prod & Refiner Pub Ser N T (5). b S NT nf (7). Pub SE&G pf(§) Pullman Co (8). Punta Alee Sug. Pure Ol (H).... Radio Corp of A. Radio Cof (3%) Ray Cons Cop (1 | Reading ().... Remineton Type Replocle Steel. . Rep Iron & Steel Reynolds Spnes. Rey Tobac B (4) Robt Rels & Co.. Royal D(a1.339) Rutland pf. Safety Cable (1) St Jaseph L(13). StL & SanFr (7) StL&SanF pf(6) St T, South, StT or (), Savaze Arms (4) Schulte (§8) Seaboard Afr T.. | Seabd Air T pf. . :S | Sears-Rn (214) 2% | Shattuck F G (2) agrave(e1.20). | Shell Up 71.40).. 33% 44 63% 51 34 44% 64 51 314 1185 364 129% 117 29% 61% 3 43 48 4 L19% 195 1% A(t4%). Tnk (3). 51 313 11% 36% 128% 17 | 28 | 61 36% 61 72 e (2). 48 (2)enecarnld rm (3).. 83% ; &hell Un nf (6). 44% | Shubert Theatre 63% | Simmons (12.25). Simms Pet (1). | Sinclair Oi1. Sinclair pf (8).. Skelly Oil (2) Sloss Sheff (6).. Sou Dairies A(4) Sou Dairies B South Pac (6). Sonth Port S (6) Southern Ry (7). South Ry pf (5)a 32% 877 T2% 644 19% 18 2514 29% 821 13% 4R 52% 25 106% 64 40% 18% 21% 95% 4% 120% 46 30% 101% 95 1y 90 4 464 37 911 90 &7 7% 8% 46 28% 324 13% a7 528 24% 106 62 40 18% 21% 95 33% 120 4% 29% 1004 95 110 20 "7 a8/ | 14% 23y ; 1241 33w | 108% 6974 | 56 | o4 | 851 | 08, 20w lday, 4815 cents a month ago anc 2314 | NEW YCRK, May 21.—Buying of ! bonds went on actively today at ad- ancing prices, espacially for the middle and second grade issues. Government obligations and the sav- ing bank railfoad mortgages were steady, but interest in this group was limited. were looking for a jeld and were finding it in d bonds of the type of Chicago d Eastern Illinois 5s, which made a new high on the movement; Missouri Pacific “general 4s, Erie prior lien 4s, which got up to 80; both 6 per cent obligations of the New Haven Western Maryland 4s, and bonds of little higher grade like Florida I Coast bs. Tractions Are Active. St. Louis-San Francisco income 6s were the leaders in their class, being | active and s The same was true of Hudson and income 53, as they appros previous record for all time. lyn Manhattar Transit 6s w urgent demand at a new high below 97, one block of $100,000 par value going at 96%, the previous top. | The more speculative local tractions went along with the rest Ol bonds were well supported clair Pipe Line 5s, Oil G1gs and 7s advanced easily. The in the 61¢s at one time was and a half. Among other Industrials, Inte | tional Mercantile Marine s did better, but weakness cropped out again in Cuba Cane Sugar obligations. The § per cent bonds of the last named de- clined a point to 93, a new low for two year: Foreign List Improves. Foreign bohds had a larger share iln the improvement in the genel market than on any day this wee German made a new high above 1104, Poland 8s recovered nearly a | point and the French, Belgian and | Italian issues were all fractionally higher. Investment banking houses stated that a large share of the buy ing in these forelgn dollar bonds was | coming from abroad. Tt was learned that advance orders for the new $30, 000,000 614 per cent Brazilian loan ex pected Monday were also coming from the other side. Today new offering included Infix,nuu City of Detroit 4: ! 4328 to yield from 3. cent, and $1,230.000 Chic | Shore and Milwaukee refunding 5 to yield about per cent. just Sin [ 2 i ST S | DRY GOODS SLOW. | Dispatch to The Star. i W YORK, May 21.—Cotton goods | markets continued slow today at un ichanged levels. Print cloths were | quoted at 75 cents for 64x60s and 87 |cents for 68x72s. Raw silks were | steady In a quiet market. B i RUBBER UNCHANGED. Special Dispatch to The Star. NEW YORK, Ma; ber, smoked ribhed sheet at noon toda This compares % Crude rub was quoted At 48 cents a pound. with 48 cents yester 63 cents a yvear ago. Spicer Mfg...... picer pf (8) . 102 102 tand G & E1(4). 53 td G & El pf(4) 564 td Mill (5). 68 68 td Ol Cal (2).. 5. 54% Std Oil Caln (2). B83% 54% 19% 20% 56 | Belgium 6s. . | Canada 551921, StdOIINJT (1).. 45% 44% Std Oil NJ pf(7). 118% 118% Std Plate Glas: 5% Sterling Pro (5). 77 | Stewart War (6) 704 71 Stromberg (6). .. 61 Studebaker (5). 49% Sun Oil (11). 82 Superior Oil 4 | Tenn Copper (1) 11% 11% | TexasCo (3).... 50% b6l Tex Gulf S (10). 133% Tex & Pacific... 53% Tex& PacC& O 13% Third Avenue... 381, Timken (14).... 48% Tobac Prod (7). 99% Tob Prod A (7). 108 Yranscont Ofl... 3i Underwood (4).. 52 Un Bag & Paper. ss: Un Carbide (5).. 82i UnoOil (2)...... 44% Un Pacific (10). 148% Un Pacific pf(4). 791 Un Tank Car(5). 90% Un Tk Car pf(7). 113% Utd Alloy (2)... 28 Utd Cigar S (e2) 90% Utd Drug (8)... 143 United Fruilt (4) 106% Utd Ry Inves pf. 854 U S CIP&F(10) 167% USCIPpE (7). 103% U S Distributing 527 U S Ind Aleohoi. 47 US Realty (4).. 56% US Rubber..... 62% U S Rub 1st (3). 104 U S Smelt (3%). 388 USSmpf (3%). 48% U S Steel (7)... 121 U S Steel pf (7). 128 i Pic 1st pf(8) 93 Universal Pipe.. 18 Univ Pipe pf (7) 89% Vanadium (3)... 84% Vicksbg S&P(5). 95 VaCarCh(n)wi. 14% Va-CarCh 6% pf 47% Va-Car Chpf(7) 95% Vivaudou - 29% Wabash.... 40% ‘Wabash pf A(5). T1% .. | Waldorf (1%).. 19% Walworth (1.80) 14% ‘Ward Baking B. 2% Ward Bak pf (7) 91 Warner Bros. 14 Weber (4)...... b4 West P Po pf(7) 109 West Maryland. 11% West Md 2d pf.. 18% ‘West Pacific. . 35% | West Pac pf (6). 179 West Union (8). 141% Westhse AB61; 111% Westinghse (1). 65% ‘Weston Elec.... 15 Wheel & L Erfe. 21 Wheel & LE pf. 39% White Eagle (2) 27 White Mot (4).. b3% White Rock (2). 26% Wickwirectfs.. 1% Willys-Overland 20% Willys 0d pf(7). 93% | Wilson & Co new 6% ‘Wilson pf new.. 42 | Wilson A (new). 14 WoolwthFW (15) 139% Worthn Pump. .. 24% Worthtn A (7).. 170 ‘Wright Aero (1) 29% Yale&Town(13). 66 Yel T&RC(75¢)... 224 Yel Tr&C pf(7). 97% Youngstown (4) 71 7% 71 71 Dividend rates as given in the above table are the annual cash paymentg based on the latest quarterly or half yearly declarations. Unless otherwise noted, extra or special divi- dends are not included. aPaid this year, no regular rate, optional _in stock. ' *Partly stock. 96 16 48 95% 30 41 2% 19% 14% 26 9 14% 544 109 11% 18% 86% 79 141% 13 655 214% 397% 26% b4 26% 1% 21% 94 6% 42 14 140 24% 70 29% 66 22% 27 26% 1% 21% 9% 6% 42 14 141% 24% 70 29% 66 23% 138% 24% 70 29 66 22% 9% 9% 97w bor tPartly Plus 15% | extra, ~kPayable in preferred stock. 47, in stock payable I auarterly TPI 6% it slock DRYALIC 1% % Quarterly, Argentine 6s A . 98% Argentine 6s B. 8 98% Argentine 7s. 101% Australian 5s. .. 9% Austr 100% Bank of Chile 614 98 Bank of Ja 1004 83% 90% 9% 10814 107 95 Belgtum 614 Belgium 7s Relzium 7 Reletium 8s Folivia 8« Bordeanx 6s Brazil s Brazil 1%s. ... ... 05% 1 102% 101% 101% Brazil 8s Canada 5% 1952 933 984 101% 9RY 100% 9% 100% 82% 90 9214 1087 107 99", Rt 92% 0514 5 102% 751942 Chile 81926 Chilk 85 1941 Chinese Gov Ry | con Pow Tapan 7s. Copenha | cuba 5145, . cho T4 rot Czechn 851951, .. €zecho 83 1952 ct Danish Mun Denmark 6 DET5% 100% 110% 102°% 6 103 102% 105 105!« o7 89 90'% 984 Dutch Duteh Bast 1 6s 62. Finland Frameri| French 7s French 7 French 8. ... an 1T 6.5 Ger Gen Elec Ts Haiti 6s Hungar Lyon 6. . Marseille fs 4 Mexico 45 04 asntd. 21 ico 4510 asntd. 11 Nethe Nord 6 Orjent Dev deb 6s Paris.Ly-Med 0 de Jan X« 1946 Gr Do Sul 8s xon (PW) Ts... elne 7s 42. ... rbs Crot Slo 8s. . Toho Elec Power 7s Toklo 5s. ... Utd Kingm 5 Utd Kingm L Utd Steam Copen 6 Uruguay 8s 4109 4 101% 1014 1081% 104t 103% 114 9215 70% 118% 1041 90 108% MISCELLANEOUS. .. 6 103% J9 104 1.100% Ajax Rubber 8s.. Am Agri Chem 71 Am Chain s Am Cotton Oil 5s. . Am Repub deb 6s Am SmIt & R 1st Am Smit & R 6s. .. ar ref 6s. .. Teltrds.. T cl tr 5 AmT & T del Anaconda 1st 63 Anaconda cv db 7s. Andes Cop 7s rets. . Armour&Co 41es rf Armour Del 5%s. .. Associated Oil 6s. Atlantic Refin 5s.. Barnsdall 6s ctfs. . Bell Tel P : Beth Steel rf Beth Steel 5 Beth Steel 6s Brier H St 1s Bklyn Ed zen Bklyn Union Bush T Bldg 1 Cen Leath 6s 45 efs Chile Copper 6s 32. CinG E5%s62. . Commonwlth P 65 d 1st 5 N Y 5% Consumers Pow Cuba Cane cv 7s Cuba Cane cv 8s. Cuban Am Sug 8 Dery (D G) Ts. Det Edison 55 41 Det Edison ref 6; Dodge W i 6 Duq L & P 3 Duquesne Light 6 Est Cuba Sug T1s. mpire G & F 7%s. Fisk Rubber 8s. Goodrich 61£8. ... Good year 85 1931 Goodyear 5s 1941.. Hershey 5%s..... Hoe & Co 612s. Illinois Bell 1st 5s. Tlinois Steel 41%s Indiana Steel 53 Int Mer Marine 6s. Int Paper 55 47. Int Paper 6: It T&TSH Kan CP&L 58 / Kan G & El 65 Kelly-Spring § Lackawa § 58 § Laclede G 5% 6 Liggett & Myers 723 Louisv G & E5s52 8 Manati Sugar sf 7% 3 Mid-Con 6% 8 Midvale Stee! 39 Montana P’ow 1 Vat Tube 1 10 ow Eng Tel 5s. 2 Y Edizon 55 44... 10 VY Edison 6% 6 { Y Tel 43%s. .. (Y Tel s 41. Y Tel 6s 49. orth Am Ed 6s @ ZoShevenlhorxews mohal o 1121 103! 105'% 105 997% 1037 1224 100 98% 104% 97 101% 104% 102% 104% 118 984 108% 110% 104% 105% 95'% 100 107% 100% 101% 107% 1025 100% 104% 102 103% 107% 105 107% 9% 110% 64 107 50 93% 42 97 . 56 101% 94 9% 40 5 wwa Otis Steel 8s. .. Pac Gas & El 5s. Pac T & T 58 52. .. Pan-Amer Pete 6s. Peoples Gas 5s.... Phila Co 5125 38 Phila Co rf 65 A Phila & Rd C & 155 Public Service 6s. . Pub Sery Elec 6s. P Serv Gas 5%s 64. Punta Alegre 7s Rep Iron & Steel Saks & Co sf 7s. . Sinclair Oil 6s sinclair Oil 6%s Sinclair Ol 7s Sin Crude Oil 65 Sin Pipe Line 5s. P T I R PN 103 1037 100% 951 998 100% s 106% 924 98% 98% 101% 954 100" 103% | Penn Ann Arbor 4s. . Atchison adj 4 Atchison gen ds Atlantic C L cl 4s. Atlantic C L 1st 4s. Atlantie CL 7s. . Atl & Dan 2d 4s 48 12 & O gold 4s. B& Ocy4les B& OPLEWV 4s. . B & O SwDiv s cfs B & O Toledo 4s. uff R & Pitt 4% d Pac deb 4s. . nt of Ga 5% = Cent of Ga 6s / Central Pacific 4s. . Cent Pac 1st 55 90 Ches & Ocv 4%s. . Ches & O gn 4% Ches & cv 5s. .. Chi & Alton 3s. Chi & Alton 3148 Chi & Alt 3% Chi B & Qgn 4s 58 Chi B& Q 1st rf 5s. Chi& ETgn West 4s : Puget S 4s. St P 4s 2 c t Pev 4ty Pevitisdle StPgndts CM&StP6 Chi & NW gn 3%s. W ref 5s. . W6l CHIRYBES. ., ...+ Chi RT& Pends ChiRT&Prfds.. ChiTH&S Chi Un Sta 4 Chi Union Sta bs. ... Chi Unlon Sta 5s 44 Chi Union Sta 612s. Chi & W Ind cn 4s. SEiB .. .. St Lrf 6s A. Clev Term 5s. . M C&S1st 4529, Cuba NR6<66. ... ! Del & Fud 1st rf a5 | Det & FHuna o 5 Den & Rio G on 4s D& Rio G tmp 5¢. . D Rio G West 58... ie 1st cons 4s ie wen 4s conv 4s A ie conv 4s B conv 4s D fe conv ext 7s ie & Jersey 6s Great North Gr North zen 7s. .. {Green B& Wdb B Hud & Man ref is Hud & Man aj 5s.. 111 Central ref 4s 111 Cen 4553 NI-C-C SL&NO 5 Int Rap Tran 5s.. In: Tr 5s stpd. i Int Rap Tran 6 fnt Rap Tran 7= Int & G Nor 1st 6 Int & G Nor ad 6. Kan City Ft S 4s | Kansas ¢i Kan City §5s..... Kan City Term 4s. . TLake Shore e Lehich Valen 4s Lehigh Val 58 2002 Louls & N uni 4s Man Ry 1st 90. Man Ry 2d 4s 2013, arket St 7s 40. - B Rklyn Manhat 6. . 395 RAILROAD. 1 " 1 1 a2 7 20 60 1 10 45 4 19 1 20 6 1c 1" 1 b3 6 166 107 10 1 4 3 30 12 152 38 a2 103 17 36 1 9 119 41 91 165 Fres MilFI Ry & L5s. .. M&StLstrf M St P & SSM en 48 MStP&SSMGs28etd M St P & SSM P M St P & SSM 6155, MK & T 1st 4 MK & T adf MK&T6sC. A Mo Pacific zen 4s. . Mo Pac 5= 1965 Mo Pac 6s 49 D Mo Pac 6s 55 E Mont Trm ref 5« 41 Nassau E Ry 45 57. N O Tex & M 5s B OT&MBS. .. Y Cent 4s 98 N Y Cent deb ds. .. NYCrfim4=13 YCentrifs.... N Y Cent deb 6s NYChi&S!L 5 NYCRI&SL 5 N Y Rys 6s &3 N Y State Ry 41is. NY W & Bos 4%s. or & S gen 55 54.. Norfolk & W cn 4s. Northern Pac 3s.... Northern Pac 5s D. Northern Pacr i 6s Ore & Calif 1st » Ore Short L rfs 4s. Ore Wash 1st rf 4s. Pennsyl con 414s. . § i Pennsyl gen 41 Pennsyl 58 64 vl 61z | Pennsyl gold 7s. .. Pere Marq 1st 5s. PCC&StL5SA. . Port R L & P 5s 42 Reading gen 432s. . Rio G W 1st4s.... Rio G West cl 4s RIArk& L4%s St L TM&S 45 29... St L IM&S R&G 4s. StL&SFpldsA. St L & SF prin 5. St F5%sD.. t F adj 6s.. Finc6s. .. FplésC. t v istds. ... | St P & KCShL 4%. St % | St P UnDep 58. . 1025 | 1003 | 104% | 102 107% | 105 107w ! San A& Arn Pds.. Seab A Liref 4s. Seab A L adj 5s. Seab A L con 6s. Seab All Fla 6s. Sou Pac 4s 29 Sou Pacific clt 4s.. Sou Pacific ref 4s. . Southern Ry gen 4s Sou Ry con 5s 94 Sou Ry 6556...... Southern Ry 6%s.. i Texas & Pacific 1st Third Ave ref 4s 1 99% | Phird Ave adj 5s. 110% | o) Tr L&P 5% 30 97 10 234 St Ry 5s 62 . Union Pac 1st 4s... Union Pac 1st rf 48 Union Pag 48 27. Virginia Ry 1st Bs.. 42 308 12 134 20 11 8 1 11 90 199 10 2 89 16 8 9% 9% 8 102% 102% 10254 82 82 924 92! 94% 106% €9% 9174 96" 9BLs 104% 104% | 102% 108% 92 101% 80 967 90% 94y £5% A 1054 1034 91% 101% 9874 96 126 0% 59 56% 92% 105% 105% ! 784 | 8 €9 494% 50 49'% 104% 764 102 113% 107% 14 87% 85% 97 104% 102 19% 87 104% 1024 103'% 103% 9%14 93 106'% i L1} 110% agis 99t 99Y% 1024 94 95% 98 904% 9214 85% 107% 1% 117% 105% 63 62 984 73 5% 90% 7% 9174 1024 87 91y 103% 884 % 8% 9% 95% 8 90% 924 85% 107 11t n7% 106% 62 6l 98% 73 95 89% 88% 92! 92 9455 106% 9% 9. 9678 98% 103% 108% 92 101% 80% 95% 90 94% 8 105% | 1031 9 1014 9574 96 126 70% 59 57% 92%, 69% 49% 59 10414 700 102 1% 107% 87 | 9l 91% | 854 *97% 104 102 118% 87 104 102! 1024 1035 | 9815 93 10615 97 o1 115 8% 99Y, 6614 %% 68 87y, | been ordered into effect on June 1|mitls of road aFy £514 102 957 | 2664 61% n starting un quickly sul Provisions % El‘l‘ a4 general acted heavy. clling out of May delivery of wheat on the part oi houses that were at the same time purchasing July. was feature of today’s trading. Much these transactions took place at difference of “%1: cents a bushel. This is the widest differences shown in long while and appeared t represent an extensive e up of accounts preparatory 1o a final wind-up of deal- in M ng to advices at hand, rains in the Northwest were more general than time this Spring South Dakota, where some of the worst drought complaints of late have come from, reported u steady down pour at various place WHEAT- May (new) | May (old! | duiy Sept CORN—- " up, decline { May | Juy Sept ATS- | May I b1 RYE- fa July Sept CHICAGO LIVE STOCK MARKET CHICAGO, May (United States Department of Agriculture).--Hogs- | Receipts, 18,000 head: slow: steady to { 10 lower: packing sows dull: mostly | 25a40 lower; big packers, inactiv bulk 240 to pound butcher 414.10; good and choice 200 pound kind, 14.20a14.40; 150 pounds down, 14.5( 140 to 170 pounds, 14.75: bu ing sows few killin R4 861 to better: top on 3 K @ brilliant showing during the month of April, according to figures just made public by the Sales esearch ,)’”" u of Hartford, Conn he hes increase in any of the States was i Idaho, which cent ital. with Sales all over tl month tot i the highest re other month December, per cent larger period a vear The rep cludes new id-for insuranc does not include r dividend additions, other companies and group insurance The figures cover 51 comp: For the fi time since Florida lost its posi leading ate, wetting business. Sales in 26 per cent ever Total sales of life insurance during the first four months of tiw prese vear have increased 6 per cent ¢ months last year 2 gain for the 12 mo; ing April 30 of 13 per ce section of the countr: st & per cent - the ) 34 1 country for 060, which made in exception ord e with the The than duri ion the most that St how ton *Stock nge today any outstanding feature Traction sold fer. Potomac ferred opened at 106 W zained d 68 and adv of Americ stock sold Transfer out at 44, The bond t sale of preferred opened w ek of Ch vy-weight hogs, 50: light, 3.80a14.75; pack- slaughter pigs, lig ing sows 14.25a14.5 Cattle—Receipts, | steer trade firm fer bulk, earlings. 2,000 head: active: no choige kind of! hest heavies 9.75 load of Texas 'S steers scaling 1, pounds, H nee good; she stock scarce | heifers continuing active de- | mand at week’s sharp advance; mixed | steers and heifers upward to 9.50: { light or doubtful canner weak; bulls, 6 veal- to packers: desirable mostly bolog | ers. 11.50a i kosher calves, Sheep—Receipts, lambs, - i ble clipper, | choice kind on | to 25 lJower: mos [ewes. T 0 | pound averages { 60-pound clipped 11.00: small lot Springers at 17 ot g e WOOL BUYING LIGHT. Special Dispatch to The Star. BC May 21.—Wool prices in toda ontinued largely nom inal without important transactions |to furnish an idea of values. Manu facturers are still buying on hand-to- mouth basis, one estimate being that orders are but 10 per cent of normal Woolen wools appear to have a slight- 1y better call and some fine combin: territory wool is selling at 1.10a1.1: Ohio fleeces still are held by d for 44. Buying in the West is standstill. TRADING HOURS CHANGED. NEW YORK, May (®).—Changes in the trading hours on the New | York Coffee and Sugar Exchange have head: fat bulk desira no strictly le: fat sheep weak fed clipped native zable ot of 143 outside price; few lambs to feeders, of 70-pound native managers. There- sugar futures | by the board of after trading in raw { will open at 10 am. and close at 3 p.m. on week days and run from 10 am. until noon on Saturdays. The opening hour in coffee trading will & Potomac Tele ‘ at par: Wask arorae one sale at 1037, Wway Kleetrie 82, and another sale hone of Vi the market in the same issue at 82 The new American Teiephone Teiewraph fm certificates on the lo hange vest closed with faile ve oceurred almost on the hoard of di National . in_the deaths of H Both were very widely and out of financial ci Henry K. Willard was best as being a relative of the Willard wi founded the hotel hy that r hanan had a long sident of tional Horse § any v | Both men will be much = the National Savings directorate and their places will be hard to fill. Tt i expected that it will be some little time before their ccessors are elected. Southern Makes Fine Record. The Southern Railway for the first quarter of 1926 stands next to the | Pennsylvania and ew York Central in net railway operating income and was surpassed only by four road Pennsylvania, New York (ent Southern Pacific and Baltimore Ohlo—in gross operating revenu ording to the detailed report ssued. From a report just hrou New York it will he ilr heavy’ trunk line mileage, heads the ing revenues. New Y second largest Eastern comes next, followed by cific, which operates ahout throughout the South west. Baltimore & Ohio. which ha been carrying a very heavy of coal and steel, stands fou in the list is Southern Railwa with 9,412 miles of road. serving the States ‘of the South. Atchison. the the N are sed o1 B the its ver: oty | be changed to 10:30 am. and the | second largest trans-continental sve 9,0y 19% 90 904 9244 85% 107% 111% 17% 105% 621 61% 98 3 25 A9% 99' | closing to 2:50 p.m., except on Satur- i(la_\ , when the market will close at | am. BEET SUGAR C0. LOSS. NEW YORK. May 21 (#).—Net loss for the year ended March ported by American Beet ntrast to net income the preceding y equal after preferred di dends to $6.0% a share on the common stogk. HOOD RUBBER SALES. NEW YORK, May 21 (#).—S March 31 rose to 571. compared 096.635 in the preceding year. I assets were $34.463,583 against 662,360 and profil and loss sur- $3,429,920 against $2.053,117 the before. CONVERSION RIGHTS. NEW YORK, May 21 (#).—Hold Commercial Solvents Corporation ar 61, per cent convertible gold which have been called for re- demption on June 1, at 104 per cent of their face amount. plus accrued in- terest, have been notified that their right to convert their notes into class B shares at the rate of $110 face amount of notes for one share of class B stock, with cash adjustment of fractions, as provided in the trust in- denture, will expire May 31. Class B hares recently have been selling around $140 a share. o QUARTER'S EABNINGSV LARGE. EW YORK. May 21 (®).—Net earnings of Universal Pipe and diator Co. in the first four months of 1926 were slightly more than $300,000 after interest, depreciation and FKed- eral taxes, said L. B. Ladoux, treas- urer, exceeding net for the entire year 1925. e ers of PIG IRON LOWER. NEW YORK, May 21 (®).—Lower pig iron levels are reported from the Pittsburgh district, a large amount of Bessemer iron haVing been bought at $19.50 a ton, valley, while the same purchaser was able to obtain 1,000 tons of basic at $18, valley, or 50 cents under quotations of some deal- ers. INITIAL DIVIDEND. NEW YORK, May 21 (P).—Direc- tors of the Pac eel Boiler Cor- poration, with plants in Waukegan, I, and Bristol, Pa.. vesterday de. clared an initial dividend of 25 cents on the common stock. payable June 15 to stock of record June 1. == i Wabash 1st 5s. Wabash 2d 58 Wabash 5%s 7 ‘West Maryland 4s West Shore 1st 4s. Wisconsin Cent 4s. .. 15 103% 103% 103% 5101 101 101 33 103% 103% 108% 43 2% T2k 12% 3 85% RG% 6% G 86% 8564 6% tem, with about 12,000 miles of road. stands in sixth position. The Southern Railway has, accord ingly, established its position with the three strongest Eastern trunk lines and the two largest trans.continent:! tems. Join Bank's Advisory Board. At the last meeting of the board o directors of the American Securii: and Trust Co. four men were pointed members of the dvisory board, which takes special interest in the company's branches in various parts of the city. They inciude Jacoh Shulman, one of the officers of the George M. Barker Lumber Co.: Charles R. Denny, who has been engaged in the wall paper and molding business in this city for vears: Lewis A. Her man, who has been in the shoe busi ness in Washington since 1912, and Frank Ruppert, 3 ware dealer here for 35 vears. All these men efther live or are en gaged in business in the where the bank'’s branch offices ) they will represent are located. The American_ Security and Trust Co. in augurated this representa plan several years ago and it has proved most successful. Denied. F. . e president of the North American Co., has written a letter to Representative William ¢ Hammer of North Carolina sta that ‘no member of the Public 1 ties Commission is or has been on the pay roil of the North American Co. nor has the North American Co.. di rectly or indirectly, made any pay ments to members or employes of the commission. The original assertion was made at a hearing hefore the House District committee on the question of the Washington Gas Light Co.. taking over the Georgetown Gas Co. The company’s official asks the Represen tive to have the records of the hear- ing corrected, if a personal investi- gation convinces him that he was in error. Publicity Committee Meets. The publicity committee of the Dis- trict Bankers' Association, which is keeping up to the minute on plans for the June convention at Hot Springs, met yesterday. F. P. H. Sid- dons, of the American Security and Trust Co.: Y. E. Booker, Crane, Parris & Co.; B. L. Colton, District National Bank, and representatives of the local newspapers make up the ‘committee. | Further plans were made for keeping the bankers fully informed on all mat- ters pertaining to the convention and reports showed that unusual interest is being shown in the coming sessio:. Other Financial Noies. The District Bankers' assoczation holds its first meeting this afternoon at the new headquarters to act on the report of the advertising committee. New England is planning to send a large delegation here next Monday for the rate hearing before the Inter- state Commerce Commission. Rediscount volume increased last week at the Richmond Federal Re serve Bank. Bills discounted in the fifth district were $1,165,000 greater than in the previous week.