Evening Star Newspaper, May 27, 1926, Page 30

i < » o STOCK PRICES PUSH 10 HIGHER LEVELS! Buying Favors Specialties—O0ils. Steels and Motors Gain. RY STUART P. WEST. @pecial Diepatch to Toe Star NEW YORK. May 2 The stock FINANCIAL. Industrial market continued today 1o give proof | the | following Autuma liquidation Tast that the everspeculation of the early Winter had been compieted. | any | Prices pushed forward withou' sensational moves. but in the wat they ordinarily do after stoeks hi passed into better hands The buying continued 1o fivo Anstrials of the specialty tpe. like General Electric. Goiham Hos Rugh Terminal. Ame Montgomery Ward Most of 1 se were stocks outsiders had little intere e was more concerned actions of the oils #ni were the two gro Street houses have Ing most keenly for 0l Shares The oil shares were most There® was no excitemen: the trading in these =0 were simply going up auie ther response to the incre: oil and gasoline pric helief that this was the I-P an upward tnrn in the ol Tn most instances the erate. Skelly around within a peint of its rear Marlind Ol ap yunning inte a good taking in view of the firmation he reporte tion with Some n Lago. oan B w fractional 0il of California. i General Petrole Ralinay s proved at a or. At one s snes, like Atchison. A Line. Baltimgre and Onl York Central weie up a polr Bui the advance nn. Neither was there any S vevival in the unondividendpa vailroad quavier. Stocks 1 souri Pacific and New Have up. but the advance was be rvegarded as of anv fmpc Mack Trucks Motor Leade® Mack Trucks was the leader i motor zroup and Beih Youngstown and Gulf stood out among the sieels the greater part of ih time was not much chanze in States Steel. but Sloss Shefs anather jump. Wheihe: the wiil be justified in ity view sieel trade position. =o far as are concerned. is on the mend re {0 be seen. But il is this tdes fe back of the recent buving of el stocks 8 International Combusiion gineering appeared 10 be encoii. considerable realizing. Monizd Ward was bid up neariv Trading on tha Stock gan in the new General the rise in the old stock was thou tn be complementary 1o the infroduc tion of the new. Naturally the 1wo stocks must keep pace with one an other on the four-foroone basis on which the exchange was made. oolwor in which The pih aver ade in Asphali I were onlv s e dividend-pa C and New if poin: 1o States € Durin Rr the Associated Press. NEW YORK.—Stocks faod shares lead E steady- traciion and oil issues stoon Foreign hanges higher: Spanish pesetas soar almost 50 poi harely steady: better spo predictions Corn ttle higher. Hogs creased rec frregular RAIL EQUIPMENT ORDERS. v YO ). Baldwin Locomotive has 1 order for 10 mountain from ih Denver and Wesiern American | » ha~ received o for 12 454 1ype from the Missouri P and 20 passenger Ineomotives from the lllinois Central, the latier involy 00.000. Gen. eral Railwas ingiall auto matic sig: mitex of road Woite ific NEW STOCK OFFERING. NEW YORK. May 27 (P Approxi mately $20,000.000 in new common stock of Fameus Players-Lasky Cor poration will he offered to shavehold ers, it is understood, 1o finance acqui sition of a controlling interest in B: ban & Kaiz of Chicago, operating o chain of theaters, and to complete contemplated expansion pians RUBBBR PRICE UP. ‘PW YORK. May 27.- Crude rub smoked ribbed sheets, was quoted up a cent 46 cents at noon today. This compares with 50 cents a month azoand 8473 cents a year ago. ber OPERATION PROFITABLE. | —The Bos- | NEW YORK. May 27 (. ton and Maine had profitable opera tions in April. although smaller than in March, surplus after charges ris ng 1o $60 compared_with 931 in April last year. For the four monthe of 1926 surplus was $1 392, agalnst §367.244 a year ag SURPLUS INCREASED. NEW YORK. May ) ican Light and Traction increased fits April surplus after preferred divi dends 1o $815,609 from $424.245 in April last vear. Surplus for the vear ended April 30, after preferred divi- dends, rose to $6,808,895 from $5.544, 082 the vear before, equal to $19.56 a share on the common stock. against $17.14 a share in the preceding 12 months. F. H. SMITH CO. ISSUE. The F. H. Smith Co.’is offering a new tssue of $1.200,000 first mortgage 7% coupon gold bonds, to be secured by & first mortgage on the land anc buflding of the Cleveland Hall Apari- ments, Buffalo. N. Y. In addition, the mortgage will be a first lien in effect on the earnings of the property. FEDERAL I.AND BANK BONDS. Quoted by Alex. Brown & Soos. Closing.) TRate—Maturity Bid. Asked. Yield. it 1005 i RAANE 55555058 [ttt oo s ottt o ] The seat of Eli B, Springs on the | GenRySie(14%) Tubber Bxchange of New York was hought vesterday for $6,500 hy P. K. Fivans, and that of Otto Zieseniss of Peris for $6,000 by K. S.Guiterman, sen| AU G al | ! Cotlins&Aik pf 7. | cont Mot (80¢). | Cuba Co (4).. | Del & Hud (9).. | Dodge pf (7). | Dome Mines (2). i | Chi Mil& St P pf | Com Soiv Auer | Flectric Boa | Exchange (1%2). ! Famous P1 (8)! | FedLight(*1.40) | visk Rubber. 1 | Open. Tow Close.t | Adv Rumley.... 11% 115 11% 11% Glidden (2) Alr Aeductn (15) 112% 112% 1124 112% , Gold Dust. : Ajax Rubber.... 8% 8w 8% = 8% Goodrich Ru (4) | Allled Chem (4). 118% 119% 117% 117% | Goodvear pf (7) AlliedCm pf (7). 120% 121 12084 121 | Gothm S H JERS !AllisChalm ().. 81% 81% 811 8l Gotham pf (7). Amerada (1.60). 26% 26% 26% 2B% | Gould Cou (2). AmAcriChpt.. b8% G68% B8% (8% Granby Consol.. Am Bank N.1.60 41 1= 405 40%: Urt North pf (5) Am Beei Sugar.. 23 28 93 Gt Nor Ore (1%) Am Peet S pf(7) 654 661a 66 66 | Guantanarmo Am Bosch T8y 19% 184 19v | Gulf Mo & Nor Am Brake Sh (). 116' 1164 114% 114% | GullStates S (5 Am BrRov EI(2) 84% 347 S4% 247 GuIfStatst(d). AmBrBopf (7) 95 95 95 | 1eim Geo (18%) AmCan (2)..... 46% 46 4b% 4B4iHon& CoA. .. Am Can pf'¢ 125t 125% 125% 126% | bomestake (17). 3 96 86 95% 9B% | Ho.sand (t315). 129 129 129 | Housten Of1. 24% 24 24% Howe Sound (1) 39 59 89 IudsonMan(2 iy 5% B bW Hudson Mo(314) 15 17% | Hupp Mot (1. 89 Tilinols Cen (7). 40 11 Cent bt (6) .. i Indep Ofl (1). indian Neflning. inland St Inspiration (2 Interurb Rap Tr. Intconti Rub(1). Internat Aari. .. Int Bus Ma (8). Int Cement (4) Int Cement pf(7) Int Com Eng (2) Int Harvstr(6) High. A A Iy Ara Drug 0 P 7y Am Hide & 1, jAm Ho P (2.40). ! Am Tee (110) Am Inte Am Locomot (8) | A Verats (1) &Lt (g1). tor (4) < (). CR(3) 46 46% 464 niShin& Com. 8% 4, 8% P S & Ref (71 1198 1197 118% Snuff (121 1204 1241 St Fdys (3). 4 Sogar (3) f1 PEAT) 102 52% « 108 R 528 108% 1 78 IntMtch pf(3.20) j Int Mer Alarine { Int Mer Mar pt. . 102 { Int Nicke! (2). 2 16, 16 i l:' | Int Paper 21 21 21% 21| int Ry Cent Am 1487 149%2 14872 14981 int Tol & Tel ’v 6 6 6 | Intertype (t113) 115 116'% 1154 I 1147 115 1147 Rienele - 51ty 507 lones Bros "lea. o Jordon Mot (3). Tisy 71 Wan City South, T Kansas & Gu!r 313, 20 Kavser 1 pf (8) 46 ‘i'):q Kellv-Sprin, 26 261 iel v-Spring pf. L ean Kelney WiN'(6). 13 134 Kennecott (4. .. (AN 6l e stone T & R 19% Kresge S.1.20) L 49 49T, 4w Kresee Dept S Aseo Drv G213) 40 41 40 1550 DG 181(6). 100% 1003, 100% Imgo Ol Atelison (7).... 1878 138% 1378 f<onpf (5). 984 98 Mren & At % AtIC Line#913) 2017 & Wi, 39 Allantie Refing .. 127 Anstin-Nichols. 16t Ra'dwin L(7).. 104% Balto & Ohio(5). 89, 108 Oh ntid) 691 ang & Ar (2) 401 Harnsdall A (2). 2% a l\llfl"“! ) 247% 3 Brosi2y, 31 ethielier Stasl. 3914 setle St p? (7). 101 Hooth evies 6 v AW, 2215 Briges Mz 3). 25% Rlkin Edlson «8). 139% 141 BEIn-Ma ‘I'r 4y, 6715 67% VACMan T pP6). B4 84 BEIn UnGeiity 6y 78 S Buins Br B 3 38 l"\l Add Ma I!) 94y - 94 Bush Terminal.. 32 321 Rush rde ( 9: 92y Butte&Supe 3 9y Butterick. 25% 254 Calif Packing(8) 133% 136 Calif Petrol(2).. 33% 33 Callahan Zinc. 17 Can Facific (10). 161% 1 Case T} ng. 8b% Cent Ieather. 10 Cent Leather pf. 5284 Ceive De'P (4).. 63 Certain-Teed(4) 384 Chand.Cle pf(4). 30% Ches & Oh (112). 126 Ches&0 pra6l). 126 Chi & Alton. 6% hi & Alton uf at Acts el Tei(9) Teieg rts hiecn (). 1 Tobac B (8) Wa \Woet.20 Wooie Woo Tl 207 45 86 9 131 613 19% Per-Danie's 01 moirof 111(A) of 111(B) \rnold Con tn). Artloom (3. Tran 2) b ) 3) Lee Lehizh Val(3t | Len&Fink str Life Sav (1.60). . Liggett & M (t4) Liz & M B (+4). Lima Loco (4) Toew's Ine (). Loft £ Lovilard(3). . Louvistana Oil 1043 104 90 r9% 69 €81, 4015 40 T6R 6% 247 81 39 107 ° 5 Ludlum Steel, Mack Trucks (§) Magma Cop (3). Man El Sup(414) Man I etd (d5). Man Shirt (11) . Maracaibo Oil. Market Street Market St rior. Marland Oil (4) Martin-Pary(2). thieson (4) Dept St (5) tag Co (2). MetroG pf(1.89) Mexican Seahd Miami Cop (1) WHd-Continent Middle States Atid States Ofl et Midland pf($10) Milier R etfs( Min St P& SSM. iMS P& 1 pt Mis Kan & Tex. . Mo K & T pf (6) Missouri Pacific Missouri Pac pf. Montana Pow () Montgom Ward Moon Mot (3). .. Mothr Lode(75c) Mo Pleture(115) Motor Met(3.60) Motor Whi (2) Nash Motors. ... Nat Biscuft (4) Nat Bisen pf ( Nat Cash Re Nat Cloak & Nat Datry ( Nat Dpt Stor, Nat Distillers. Nat Lead (8). .. Nat Po& I.t(40¢) Nat Fy Max |5t Nat Ry Mex 2d. . Nat Supply (4). Nat Tea (4). . N O Tex & M(T) ot 100% 1 5 127 126 64 81, 20% 405 9 21% 10% 18% 10% 126 6'a 8Y 30% 40 8oy 207% 108 18% 10% 188, 18% 3% T3 113% 118 504 49% 100 100 49 4xs, 32 32% 43 43 308, 29%, 99 99 151% 150 343, 98", 40% r West pf.. Chi M1 & St P.. ) E3) Suit il & SUPeifs StP pf cfs & Nwn (4) .. Chi Pnen T (8). ChiR1& Pac... CRI&P DL “hilds (12.40). ChijeCop (213). 324 Christie B (1.20) 43 Chrysier Corp(3) 29% Chrysler pfA(8). 99 Coca-Cola (7). .. 160 Coilins & Alkmn. 34% 36 98t 98% 4% 41% 61 61 61 8% 9% T8 112% 113% 112% 64% 64% 62 100 484 ol Fuel & lron ol Sou 2d pf(4) Col Gax & El (5) Col G & E pf (7) Col Carbon (4) .. Com Cred (2). 29% 29% 29% Com Inv (360).. 57 BT 57 Com InTrpf6'% 90 90 90 4). 167 160 157 . 158% 162 167!s 1% 17% 16% 4a1% 414 41% 5612 68% 66% 4% 4h 4% 93% 95% 93% 74% 6% T4% 10% 10 10% . 407 41% 40% L1290 129 129 68 63k 68 9 9% 9 38% 38% 384 80 Bl 50 26% 26% 25 84 844 84 93 93 93 45 45% 45 36% 37 36 160% 161% 160% Del L. & Wn (17) 136% 137 136% DRG Wstpf... 42 421 42 Detroit Ed (8).. 130% 132% 130% Devoe&Ra(2.40) 36% 38% 36% Dodge Bros CIA 227 24 223 81% 82% 8I1% 14% 14% 14% 19% 19% 19% 216 216% 216% 101% 102% 101% . 110% 110% 110% 26% 26 26% 623 62% 62% % 4% 4% 18 18 17% 938 93% 98% 6 66 65 77 7 7 1% 1% 1% NY Canner: VY Central (7). Y Chi&StL(11) NYC&StL pf (6) Y Rye part efs. Niag F pf (1%). Norfolk South. . orfk & Wn () 16% | Sorth A (B3.AM). 41%} North Am pf(3). NthAm Fa pf(7) North Pac (5)... Norwalk (1.60).. Omnibus. . Oppenhelm (3).. Orpheum Cir(2) Otis Elavator (8) Outlet Co pf (7). Owens Rot (+4). PacOll (D)..... Packard Mot (2) Palge Mot(1.30). Pan-Am (6).. Pan-Am B (6). .. Pan.AmWnB(2). Panhandle. . Pathe Bx (c3) 42y | Penick & Ford 1313 | Pennsy R R (3). 3714 | Penn-Seab Steel. 23% | Peoples Gas (8). 8214 | Peorla & East. Tiv | Pere Mara (18). 1915 | PhilaCo (4).... 215% | Phila& RC& 1. 1021 | Phillips Pet (3). Pierce-Arrow. 110% | Pierce-Arrow pf. PlerceOll....... 62% | Piedce OIl pf. ... 4% | Pierce Petrolm. . 17% | pitts Ut pf $1.20 93% | Pitis & W Va(6) 86 | Postum (4.40). . 77 | Pr St Car pf () 1% | Prod & Refiners. 67% | Producrs & R pf. 100 | Pub Ser N J (8). 33% | pub 8 NJ pf (7). 40% | Pullman Co (8). 16% | Punta Aleg Sug. 50 | PureOfl (t).. 1285 | Radio Corp of A 1224 | Radfo C pf (3%) 308 | RSTI Cefs (4). 185 | Ray Cons Cop (1 33 | Reading (4). fot | Remington Type 16% i Replogle Steel 4614 | Rep Iron & Steel 9015 | Revnolds Spngs. ¢4 | Rey Tobac B (4) 335, | Robt Rels& Co.. Roval D(a1.339) 3434 ! satety Cahle (4) 45 | st Taseph L13). 66 | StT, & SanFr (7) 107% | ¢ 1, Southwest . 52% | St L Swn pf (5). 118% | Savage Arms (4) 318% | Schulte (88).... 80 | Seaboard Air L. 11% | Seabd Air L pf.. 38% | Seagrave(e1.20). 122 | Sears-Rn (2%). 119 | Seneca Copper) . 28% | Shattuck F G(2) 631 | ShelIT&Ta96%¢. 64121 Shell Un (1.40).. 73% | Shubert Theatre Gen Refrac (2). 36 36 36 3 | Simmonstz.25). Com Solv B Congoleum-) Congress Cigar. Consol Clgar. Consol Distribut Consol Gas (5).. Cont Can (16) 4% | s % 10% 41% 129 68% 9 38% 50% 25 841 93 6% 36% 161 187 orn Prod (2) ‘orn Prod pf( Crucible $tl (5) Cuba Cane Sugar Cuba Cane Su pf. Cuban-Am S (2) Cudahy Pkg (7). Cushman'’s (8) .. Cuyamel Fr (4). Davison Chem. . Douglas Pec (1). Dupont (+19)... Dupont deb (6). Eastman (18) Eaton Axle (2).. El Auto Lt(16%. Elec Power & Lt vlec P& L pf(7) Elec Refrig(f2). Elec Sto Bat(16) Emmerson Brot. End-John (5)... 67% 6T% 674 Kquitable pf (7) 100 100 100 ErieRR. . 33% 33% 33% Erfe 1st pf 40% 40% 40% 16% 16% 16% 48% 50 48% 123% 124% 122% Famous pf (8).. 122% 122% 122% 30% 30% 30 186 185 33 33 814 80% 16% 14% 46% 447 93 90 64% 64 34% 334 34% Fairbanks (3) ¥id Phoenix (6). 185 First Nat 3(1%4) 33 Fisher Body (5). 81 14% 4% 93 64 33% 344 Fleischman(2) . Foundation (8). Fox Film A (4). Freeport-Texas. Gabriel A(14%). Gen Am Tnk (3). 45 5 Gen Asphalt.... 67% 66% Gen Asph pf (5). 106% 107% 106% Gen Cigars (4).. B2% 52% 52 Gen Cig deb (7). 118 118% 118% Gen Elec (c8)... 317% 321% 317 Gen Elec ctfs... 79% 80% 19% Gen Elec sp(60¢) 11% 11% 11% GenGas A(el%) 38 38 Gen Motors (116) 121% 128% 121% Gen Mot pt (7).. 119 119 119 Gen Outdr Ad(2) 28% 28% 28% GenOutdrA (4). 53% B3% B63% GenPetrm (3).. 64 64% 64 8% T4% 3% Gimbel Bros.... 50 80% &0 Simms Pet. Gimbel Br pf (1) mu 1064 105% mu su’:;u:r onf” Inter Har pf (7). 12 HE Open. 195 421, 474 9% A 103% 104% 103% 104% 17t 19% 4% 19% 8% 28 69% 109 ki 17% 53 41 621y 33 8%, 61% 19% 119% 121 264 EV High. 19% 42'5 477 99% 444 17% 19% Ta% 19% 6% 28 % 109 71 17% 53 41 62 33 38! 6314 19t 119% 10% 374 21% 49% 147% 17 5% 5514 1037 5% 116% % 614 8 35% 5% 5019 281 124% o 311 18% 20 a1 % 102 13 b4 92 53% % 45 20 83'n 1215 181, 78 8% 58 Touis&Nash (8). 1 5814 17 13 20% 221 Ry 1% 33% ™ 112 218, 2814 231 A% 87 1284 424 22 1% 119% 21% 86 12% 37% 46% 234% 89 % 19 4 20 104 8714 86 14% 33% 80% 106% 169 84% 28% 48 4% T4% 12% £5'5 9% W% 487% 6% 944 10% B3% 48% 39 941y 68 1% 80 46% EN NEW YORK STOCK EXCHANGE Received by Private Wire Direct to The Star Office Low. Close, | 19% 42% 4% 99% 4l 174 19 T4% 19% 6% 28 69% 109 7 1% NING 19% § 424 | 414 99% 43% 17% 19 T4% 19% 6% 28 107 109 n 17% STAR. WASHIN TREND INDEFINITE IN'BOND MARKET List Dominated by - Special | Moves in the Higher Yielding Group. BY GEORGE T. HUGHES, Special Dispatch to The Star. NEW YORK, May 27.-Today's bond market consisted for the most part of a serfes of special moves in the higher yvielding group. with no definite trend in the general list One of the features’ was the con fusion over the status of the under- lying bonds of the New York City tractions in the event that surface car franchises are abandoned and busses substituted. Reflecting this doubt New York Rallways prior llen “A" 8s were weak and there were fractional losses In the same company's incoma bonds. Representatives of the bond- holders, it was understood, are making plans to protect their interest. Affects Other Tractions. The new situation had some effect upon securities of other tractlons, for instance, Third Avenue adjustment. but the Interboro list was firm and Bréok!yn Manhattan 6s continued to sell around thelr newly established high point Chicago Raflway is and New York State Railway 4135 stood out as strong , tractions outside New The Chicago fssue go above 73 for the first time in a long time and the New York State 4lys fumped a point and a half, apparenty on buying from one source. Northern Ohio Traction & Light 6s sold off fol- lowing the offering of the additional block of Northern Ohio Power & Light Brooklyn Union Gas 5lis ad vanced with the stock Oil bords were nearly Sinclair 7s af the past two\ at 94 duplic: spots among York City all strong. ew top for ed the high of the dav bhefore. Skel Ofl 61y, above 141, were up over 2 points. Barnsdall 6s Pan-American Petroleum 7s and Mid continent Petroleum 6lus all at one tme or another, worked higher. Rail List Is Quiet. railway section was compara qulet. "~ High-grade investment iscues hardly moved. Gilt-edged phiblic utilities. such as Bell Telephone of Pennsylvania 5s. continued 1o re flect buving. Unlted States Govern ment obligations, on the other hand were harely &teady pending announce ment of the terms of the June 15 financing. Features In the foreizn group were the German General Eiectric 6s. up over a voint: Republic of Haiti 6s. up iy & poini, and Aanton Jurgens up a half point. French honds were a skade higher and were Jugoslay s Today's new The tvely offerings included $5. 000,000 Province of Styria. Austria, s, o vield 7.75 per cent. and 32 000,000 Province of Ontario one and two year 4 per cent notes, to vield from 420 to 4.40 per cent. DRY GOODS DULL. ¥ YORK. May 27.—Cotton goods markets eased off a little today in a market that continued dull Print cloths were quoted at T'» cents for 64x60s, and 813 cents for 68x7T. Raw sitks were steady in a quiet market. Skelly Oil (2). Slosa Sheff (6 South Port S ( Son Cal Fdison. . Sou Dairies A(4) Sou Dairles B South Pac (6). .. Southern Ry (7). Sonth Ry pf (5). Splcer Mfg... .. Std Gas&El (G4) Std M1l (5). Std Ol Cal (2) Std OII N J (1) Std Oil NJ pf(7). Std Plate Giass. Sterling Pro (5) tewart War (6) omberg (6).. Studebaker (5). Submarine Boat. Superior Oil. Superlor 8tl (2). weels of Amer. mington A(2) Tenn Copper (1) Texas Co (3).... Tex Gulf 8 (10). Tex & Pacifle. . . Tex & Pac C& O 21 221y 124 161y 1% h2% 137% *Tex Pac Ld Tr. The Falr (2.40). Third Avenue. . Thompson (3.60) Tide Water(1%) Tide W Oil pf(5) Timken (14).... Tobac Prod (7). Tob Prod A (7). Transcont Oil. .. Underwood (4).. Un Bag & Pape Un Carbide (5). Un'Otl (2) Un Pactfic (10). Un Pacific pf(4). Un Tank Car(5). Utd Alloy (2). Utd Cigar S (e3) Utd Drug (8)... UtdDrg 1st(3%) United Fruit (4) Utd Ry Invest.. Utd Ry Inves pf. U S C1P&F(10) UBCIPpL (7). U S Distributing U S Ind Alcohol. U 8 Realty (4) U S Rubber-. ... U S Rub 1st (3). U S Smelt (3%). U S Steel (7)... U S Steel pf (7). Universal Pipe. . Utah Copper (5) ULl PEL A (e2). Va- Chem. . Vi r Ch pf(7) Vivaudou. Wabash Wabash pf % ‘Waldorf (1%). . Walworth (1.80) Ward Baking B. Ward Bak pf (7) W Penn E1 A (7) ‘West Maryland. West Md 2d pf.. West Pacific. ... West Pac pf (8). West Union (8). Wsthse ABr 16% Westinghse (). Weston Elec. ... Wheel & L Erie. Wheel & L E pf. White Eagle (2) White Mot (4) Wickwire ctf: Willys-Overland Willys 0d p£(7). Wilson & Co new ll\'fi 98 3 %% 954 30 418, 2% 19% 14% 27% 93 93 11% 18% 36% 42 73 19% 14% 28% 23 23 12 19% 87 1% 18% 36% 9% 9% 9% 79% 144% 146% 144 143 112% 112% 1124 112% 667 674 C6% 67 16 154 16 16% 21% 22 21% 22% 0% 42 40% 42is 274 27% 27 274 53% 64 534 54 1% 1% 1% 1% 20% 21% 20% 2i% 94% 94% 9% MU % 8 MW 8 Wilson A (new). 17 - 17% 17 17% Wilson pf new.. 45 45% 46 46l WoolwthFW (15) 143 143% 142 1421 Worthn Pump... 26% 204 26% 28% Worthtn A (7).. 68% 69 68% Worthtn B ()... 54% 65 54% Wright Aero (1) 30% 31 30% Wrig Wm (14).. 50% 50% 60% Yale&Town(t5). 66l 66l 66% Yel T&C(75¢)... 22% 22% 22% Yel Tr&C pt(1). 97 sz 97 Youngstown (4) 78% 8% Dividend rates as given in the above table are the annual cash payments bai on the u quarterly or half yearly declarations. otherwise noted. exira or pecial divi- are aid this year. no regular rate. hor stock. ' *Partly stock.. tPartly fi”fi; ible in preferred -ug ‘Plnn Daysble 1 Auarie Pl o us 12% 19% 37 iTON, D. C, | NEW YORK BONDS STOCK EXCHANGE l ! Received by Private Wire Pirect to The Star Offica. Sales. High 136 108% . 80 94 UNITED STATES. (Sales are in $F.000.) Saly Low Tikiats, ales. High. Lo Lib 1st 4148 Lib 24 4%s. b 3d 4is. 162 101 6 Lib 4th 4%s 135 G 1034 US 451944, 11 10220 102 19 10! 1015 10 103 2 288 101 11 101 10 10 61047 1044 10 FOREIGN. Sales. High. E Kl 98% 9814 . 98% " 27 101% 213 98, 22 16 6 3 ‘23 19 14 Gt .33 ol .63 .26 7 10 . 8 i 28 4 4 1 [3 Argentine 6s Ju 59 Argentine 6< Oct 59 2 Argentine 6s A. ... Argentine 6 B Acgentine 7s. . | Australian 55 Austria 7s. Bank of Chile us- Bank of Japan 6s,. Belgium 6s. .. .. Relgium 614 e Belginm 7s. Belgium 7%s Belgium 8s. Bolivia 8s Bordeanx £ 1 5 Brazil 8. Canada s 1931 Canada bs 1952 Canada 5% = 19; Chile 75 1943. | Chile 85 1941 e Chinese Gov Ry 6s. Con Pow Japan 7s. Copenhagen 5. . Cuba 5158 Czecho 714 rets. | Czecho 8 1951, Czecho 8% 1952 ¢ Danish Munic 8s A. Denmark 6s. IDEInSigs | Dutch Fast 163 47. Dutch t 16562, El Salvador 8= 48 Finiand s f 65 45. Finland Ts Frameorie e .16 8 23 5 9 .10 10 20 9 French 7138, French 8 GermanTs. ... Ger Agr Rank 7 Ger Gen Elec Greek 7s Halil 6s. Hupgary €%s. Ttaly Japanese {x Tapanese 6':s ... Terzens U M 65 47. Lyon 6s Marseille 6s S Mexico 45 04 asntd. 20 Mexico 45 10 asntd. 106 Mexlco §s assented Montevidio 7s Netherlands 6s 54 Netherlands 6s 72 Nord 6%s..... Norway 514 Norway 65 1942 Norway 6s 1944 Norway 68 1952, .. Orient Dev deb 6s. . Paris.Ly-Med 6s Paris-I Paris O Peru 8s Poland 6= 40 Poland 8s Porto Alegre 8. Prague 738 Queensland 6 Queenstand 7s. Rio de Jan 85 1946. Rio de Jan 8s 47 Rio Gr Do Sul 8s Sao Paulo City 85 Sao Paulo 8s 1936 Sao Paulo 1950 Saxon (PW) Ts Seine 7842 2 Serbs Crot Slo 8s. Soissons 6s.. ... Sweden 5% ct. Sweden 65 Swiss5lzs 1946 Swiss Confed 85 Toho Elec Power Utd Kingm 513 Utd Kingm 5155 Utd Steam Copen Uruguay 8s..... 108% MISCELLANEOUS Ajax Rubber 8s.... 3 104 Am Agrl Chem Ti43 21 104 Am Repubdeb6s.. 3 993 AmSmIt& R 1st 53 16 100% AmSmit& R6s.... 17 Am Sugar ref 6. 1 Am T & T el tr e 17 AmT & Tl irbs. . 56 AMT&TsI5s.. . 51 Am T & T debbigs. 41 Am Water Wks ox. 1 Anaconda 1st 6s 45 Anaconda cvdb 7 8 | Andes Cop s rets. . 13 \lllluulfilo(‘a!lf 6 Armour Del 5%s. .. 66 Associated O1l 6s.. 1 Atlantic Refin 6s... 10 Barnsdall 6sctes.. 54 Bell Tel PassB... & Bell Tel Pa55C... 106 Beth Steel pm bs...0 4 Beth Steel 513853 20 Beth Steel 6s. . 88 Brier H St 1st 5%s. 1 Bklyn Ed gen 6s. Bklyn Union 5 . Bush T BIdg 65 60. Calif Pete 8%4s.. Cen Leath 6s 45 cf! Chile Copper 65 32, Cip G E61¢s 62 Col Gas & El b8 Commonwlith P 6s. . Con Coal Md 18t 53. Con Gas N Y 6%8. . Consumers Pow &8. Cuba Cane cv 8s. ! Cuban Am Sug 8s. . Denver Gas 5s. ... Dery (DG) Ts..... | Det Edison 58 40. Det Edison ref 6s Dodge w i 65 Donner Steel 7s. ... Duquesne Light 6s. Est Cuba Sug 7% Empire G & F 7% Flsk Rubber 8s. Goodrich 6%s Good Year 8s 1931. . Goodyear 5s 1941 Hershey 5% a5 Hoe & Co 615 Humble O & R Iilinois Bell 18t 58 Tliinois Steel 4738, . Indiana Steel 5s. Int Mer Marine 6: Int Paper 58 47. Int Paper 63. .. Int T & T 5%S... Kan CP&L 63 A 52. Kan G & E16852. .. Kelly-Spring 8s 1.acl G ref 53 34. ... Laclede G 5%852. . 1aggett & Myers Ts TLouisv G & K bs 62 Manati Sugar sf 7% Mid-Con 61;s 40 Midvale Steel 58 Montana Pow 5s. Mor's & Co Ist 4148 New Eng Tel 52 N Y Edison 55 44. N Y Edison 6%s. N YGE L H&P 5 N Y Tel4%s. NYTel6s41..... N Y Tel 65 49. North Am Ed 65 North Am Ed 6%s. 13 | Nor Ohio T & L 6s. 108 Nor States Pow bs. 6 Nor States Pow 6s. 2 Otis Steel 8s. 12 ac Gas&EIbs. ... 12 PG T&Tos52. L. 13 Pan-Amer Pete 63. 176 Pan-Amer Pete7s. 4 Phila Co 5%s38... 11 Phila Co rf 68 A 8 Phila& RAC& 158 1 Public Service 8a.. 14 Pub Serv Elec 6s. . P Serv Gas 6%353. t Punta Alegre7s... 2 Remingtn Arms 6s. 17 Rep Iron & Steel 63 3 Saks & Co sf 7 Sharon Stl H 8 a1 .10 844 30 28% ey 1007 1045 10814 79 46% 100% 100% 100% L] 5% +6 £3% 103 A2y 84 101 Y68 104% 2% 1004 5 100 102% 104 104 108 1127 10314 104%; 103, 100% 4 108% 12244 100 98 1044 963, 1013, 8614 1025 104 1175 1053 98l 10844 110% 1045 105% 98 100 105% 107% 1004 101% 108% 105% 100% 104% 101 10345 107% 105 107 91 9915 110% 2 108 107% 10 "THURSDAY. 33 100 25 100 21 100 2! 141 100 27 100 24 100 27 186 32 110 44 MAY 27. Sinclalr Oil 6s. Sinclair Of] 6% s Sinclair Oil 7s. $in Crude Oil 6s. Sin Pipe Line bs Skelly Oll 68 So Por Rico Sug 78 Southwest Bell 55. Sug Est Odfent 7s. . ‘Tenn Elec Pow 6| Toledo Edn 1st T8 Close. lYand Drug 6s. o8 98% 98Y% ! 98'% 101% 984 100 97% 100% 83'n 90% 93 108% 106% | o | C121y 1014 9216 1024 1027 971 104% 91 9% 99 1127 103% 105 10315 1014 103% 12214 100 98 105 96% 1014 8614 1027 104% 1175 105% 98% 108 110% 104y 105% 98 100 105% 1084% 1004 101% 108% 106% 100% 104% 101 108% 107% 105 1071 9l 99% 110% 101% LDel & H /S Rub Ist rf 5a. . lrs Rub 7%s 1S Steel s f fs. Utah Pow & Lt 5 Va-Car Chem 7s. . Vertlentes Sug s Warner Sug 75 39. . Warner Sug 7s 41.. West Elec 5s...... Westinghouse 7s. . Willys Ov 6155 33. . Wilson & Co 1st 8s. Youngstn S & T 6s. Atchison gen 4s. .. Atlantic C L el 4s. . At] & Dan 1st 48 48, Atl & Dan 2d 4s 48, rf imp 6s. PLEWYV 4s. . O 8SwDiv 53 cfs B & O Toledo 4 BKIyn Manhat 6: Buff R & Pitt 4153, Can Nat 1155 30 anada South Canad North 7 Canad Pac del 4 Car Ciinch & O 65 Cent of Ga 514% Central Pacific 4s Cent Pac 15t 55 90. Ches & Ocv 4l Ches & Ogn 47%s. hi & Alton 316s. . ChiB& Qgn 4s 58 Chi B& Q 1st rf 55, *B& Q-111 314« B & Q-1 div 4s Chi& ETgnbs.... Chi Great West 4s TM &S cStPdeb 45 cfs 1 & St P gn 89 ralsefld 1& St Pevss. .. CM&SP cv 5scfs 14 CH & NWgn 214 Chi & NW gen 4s Chi& NW 6. . Chi Rys5s... ChiRT&Pgnis ChiRTI&Preds.. Chi Un Sta 478 ©hi& W Ind cn 4s ‘uba R R b RR7 « « ‘ « ‘ « ‘ “uba N R 6s A 15t 48 Del & Hud ¢ Den G Wes e I8t cons 4 e conv 4= D e conv ext T« & Jersey s Trunk sf db 6 Grand Trur Great North 5= Great North Gr North ge: Green B& W db B. | Hocking Val 415 Hud & Ma Hud & N 111 Cen I'I(emn' 5 N-C-C StL& N Int F Int Rap Tr 5s stpd. Int Rap Tran 6s Int Rap Tran 7s. . Mt &G \0?‘1\[ 6=, ref 5a {mne& G Kan City Kansas Kan City 85 Kan City Term 4s. Lake Shore 45 2 Shore 43 31. Lehigh Lehigh Louis & 2 L& N 41552003, . Louis & Nash 7s.. Man Ry 1st 90, Market St 7s 40 Ny & Lbs. M&SULIstrfdn... MStP&S: uni 4s MK&T st 4s.. MK & T adj 55. MK&TprinssA. MK&T6sC 2 Mo Pacific gen 4s. . Mo Pac 55 1965. Mo Pac 65 49 D Mo Pac 6s 55 E Nassau E Ry NO Tex & M6s B. NOT&MGYs. N Y Cen gen 315 ¥ Cent deb 4 Y Cent 43 98 Y Crf im 41 NYCentribs.... NYC & StL db ds. . YChI&SIL 53554, YChi&StL 5% 8B. New Hav d 45 57 New Havencd6s.. NYOntWistds.. N Y Rys 65 65, YRys6sA65... Y State Ry 4148, NY W & Bos 4%s.. Nor & S gen 55 54.. Norfolk & W cn 4s. Northern Pac 3s Northern Pac 4s. .. Northern Pac r i 6s. Ore Short L rfs 4s. Ore Wash 1st rf 4s. Pennsyl gen 43%s. . Pennsyl gen 5s.... Pennsyl 5s 64 Pennsyl 6% 8 Pennsyl gold 7s. Peoria & F inc 4s.. Pere Marq 1st 6s. PCC & St L5s B75. Port R L & P bs 42 PorRL & P 65 47. Por RL&P 7%s 46. Reading gen 4%s.. Reading J C 48 51. Rio G W 1st 48 Rio G West ¢l 48, RIArk& L4%s St L IM&S 4829... St L IM&S R&G 4s. StL&SFplisA StL&SF prinss StL&SF5%sD.. St L& SFadjés.. St L&SFincés... StL&SFplésC. StLSW1stds i.. StL S W con 4s 32. 2 StP & KCShL 4%. San A& Arn P ds.. Seab A Liref 4s Seab A Ladj bs.... SeabA L con 6s. .. Seab All Fla 63 Sou Pac 4529 Sou Pacific ref Southern Ry gen 48 Sou Ry con 53 94. .. Sou Ry 68 56. Southern Ry 61%s. . Texas & Pacific 1st Third Averef ¢s. .. Third Ave adj bs. TolStLAWAs,., . 38 40 98 36 101% 91% 141% 108 102% 96% 106% 108% 106% 93% 107% 49 Low. Close. | 107% 93% 97% 101 91 140% 108 102% 96% 105% 107% 106 3% 107% 106!5 974 s 106% 12 105% 102% 9678 103's 10 4 RAILROAD. 21 96% 67 87 1024 105%% 102% 96% 103 924 2% 3% 0% 9% 96% 98% 104 102' 108 91% i 101% 10 L1851 26 i8 2 5 17 12 944 6h% 49 9% B4% 49% 50% 50% 49% 491, % 88 13% 73% 87% 91'% 7% 867n 104'% 240 45 §67° 844 95% 1024 97% 9214 1023% 86% Uiy 0% 88% 72 9% 95 95 9815 924 854% 107% i nm 105% Oi% 6 . o 0% 80’ 9% 0% 99 104% 107% 93% 9 10i 914 115% 85% 108 105'% 1030 9% 101% 9RY% 96'a 69% 92% 105" 86% 9% 78 €84 “ s 84% 49% 5074 50% 9% 49 % 88 113'% i $87% 97l # 86 104 99 103% 107y 96% 93 108 Y64 a3iy i gy 65% 658 3% 83% 85 3% 6% 84% 9% 653 89% 113% 981 86% 98% 106 102% 113% 107% 384 103% 103% 92 100% 106% 7% 1% nm% 106% 63% 0% lolfil 0% 90% 98! 87 8% 106 102% 118% N?rfi lol‘i 103% 92 1004 1065 7% 0% 91 84 % 9% 92% 844 99% 102 9% 9244 102% 8eu 94 90% 8% 12 5 98% 2% 85% 107% 11% 174 1054 64% FINANCIAL. WHEAT PRICES SLUMP! ' ON WEATHER NEWS; May Contracts—Larger Deliv- eries Factor in Drop. | By the Associated Press. CHICAGO, May 27.—Wheat an early downward course today af ter an frregular start. Rains North- | weat and West, together with larger | deliveries of wheat today on May, contracts, had a bearish effect, prices | opening 5 cents off to 1% cents up,| 2 taol but later undergoing a sharp down- | turn. May dropping 3'z to 1.68. Corn, oats and provisions were weaker, | corn starting % to 3 cents down. and afterward showing a material setback all around, with'July and September touching a new low-price record for the season. Unusually rapid fluctuations w witnessed in prices for May delivery of wheat. The fact that more than 200.000 bushels had been handed over this morning In settlement of May accounts, and that nearly half a mil- lion bushels from Omaha would be avaflable tomorrow tended to make the contest between opposing forces in the market appear less one-sided and to discount predictions of new skyrocketing in values before the close of the week. General selling of all deliveries of wheat accompanied breaks in the price of May. On the other hand advices from a leading crop expert sald two davs' trip over the best wheat section of North Dakota indi- cated that owing to drought the greater part of the area would hard- Iy be AL for cutting this season CHICAGO LIVE STOCK MARKET) CHICAGO, May 27 (United States| Department of Agriculture).—Hogs Receipts, 26.000 head; uneven. mostly steady; medium and heavyweight butchers steady to strong; big packers inactive; bulk. 240 to 325 pound butcher, 13.60u14.10; majority desirable 200 pounds down. 14.10a14.30: top 14.35; bulk. packing sows, 12.25a12.50 'selected killing pigs _up to 14.40; heavyweight hogs, 13.30a14.10; me dium, 13.85a14.30: light, 13.35a14.40 light light. 13.45a14.40; packing sow: 12.15a12.65: slaughter pigs, 12.75a14.50 ‘attle—Receipts, 12,000 head: fed steers active: 10 to 15 cents higher: spots more: best weighty steers. 10.35: pound average: small rz-cem at other market centers a stimulating factor: shipper demand broader; vear- long vearlings, 10.25: de ble light heifers firm, mostly §.50a 9.50; canners. cutters and bologna bulls weak to 25 lower; bulls off most: vealers. 25 to 50 down on light kind; mostly 11.50a12.50. Sheep—Recelpts, 5,000 head: few early sales of fat clipped lambs around cents higher; medium to good clip pers. 15.50a16.00: best clipped lambs held_around 15.50: few springers. 15 10 25 higher: one sizable lot to ship pers, 18.50; fat sheep steady: desirable fat slipped native ewes, upward to 7.50 May ewi Mav (o1 dul GRAIN AND PRODUCE. BALTIMORE, May (Special), White potatoes. 100 pounds, 2.00a4.00: new potatoes, barrel. 4.00a11.00: aspar- {agus. dozen, 1.5013.50; beans. bushel. 12.00a3.00; beets. 100. 9.00a10.00: cab- bage, hamper, : sweet pota- toes, barrel, . _carrots, 100, 5.004 . 50a60; lettuce, basket, %, crate, 3.50a . 1.5023.00: corn, esgplants, Ta ucumbers basket, 20042 Fluctuations Unusually Rapid in | | Passenger | under the total operating income ! March and a net loss in E INGOM LER IN APRIL Traffic Shows Gain for Month—Pepco Makes Good Showing. BY EDWARD (. STONFE, ssenger traffic the the Washington Railway and Eieel WR& SVAL ! Co. during the mon‘h of April sho |an increase of 21.474 fares over same month a xear agn. At {to the report filed this neon with Public Utilities Comm Net operating fncome during was $73,567.65, a decrease in parison with the same month in 195, of $22,762.69. The figures aae al for 120+ Aprtl the preceding month, ch figures being Aprt was $31,237.41. compared with $13. 423.97 in April a r ago and £30 785.38 returned during the previouz month of the present year. Suburban Lines Also Report. The City and Suburban report, filed with the main report. shows net op erating income for April of this vea of $14,288.23, against an operating deficit for the same month last vear 67.36. This means a or about $21,000 for the month review., The net operating income for the previous month this vear wa $20,934.98. The net corporate incons covering the same line was 3.52 in April, compardd with $14,134 April. 1 gain nnder of $15,044.87. he Georgetown and Tenleviown | line had an operating income in April 41, against a deficit of 1 Tast in the same month % net corporate income n April was $937.05, compared with a loss in April. 1925. of $1,758.91. The net corporate income in the previous month was $1.§33.67. Pepco Makes Good Showing. The April report of the Potomar Electric Power Co. was also filed with the Public Utilitles Commiseion todav and makes 4n excellent showing Total operating income for April was $276,276.48. against § 54. for the same month las for March of this s Net corporate income for April $195.641.26, in comparison with 845.67 for A for the month of M Comparison of 1 with the previous inonth is ot satisfactory as with the same period a year ago. Naturally, on aceount of the longer days, thers i< a marked drop in the demand for current. Local Exchange to Close. Members of the Washington Exchange voted today to close on urday. May 29, and Monday. May and also to make the Saturday el g inaugurate the Saturday closing which will continue through June,, July, August and September. The_two-day closing follows the pian of the New York Stock Exchange and many other New York markets. The Washington banks will, of course, ha {open as usual on Saturday. hut will be closed on Monday. All the broker houses in Washington will be closad Saturday and Monday. as there will be no ticker service from New York Today's session of the local ex change was made important by a vete 1o list without the usual delay on t hoard $2.500.000 Wardman Park Hoiel incorporated first mortgage cent sinking fund gold bonds. dated February 1, 1926, and due in 1941 Trading on the lgcal exchange was ery quiet. Bonds were unchanged apital _Traction stock came out at 1035, Potomac Electric Power pre. ferred sold at 106',. 10 shares of Fed ‘| eral-American National Bank stack brought 322, and Lanston Monotype figured in one sale at 8 4 i Another Convention Call. F. P. H. Siddons, chairman of i} 3.5026.00: peas. bushel, 1.00az. onions. Bermuda. crate, 3.00a2 3 matoes, crate, 3.50a7.00 rhubarb. 100, 2.0024.00: radishes, 100. 1.5024.00; spin- ach, bushel, 25a50; squash, crate, 2.50 a3.50: Spring onfons, 100, 1.50a2.0 Aples. barrel, 2.2335.00: bushel 150: cantaloup grapefrult, box. .50a5.50: oranges hox. 4.50a7.00: pineapples, crate, 2.75a 3.25: strawberrles. quart, Virginia, iZal8; Maryland, 13al8. Selling Prices at Noon. Wheat-—No. 2 red Winter, domestic, spot. no quotations: No. 2 red Winter, garlicky, spot, 1.561;. Corn-—Cob, spot, 3.7 nal; domestic, No. 2 bushel_in carioad lot port, 713 . 3 spot, Oats 51 50 per bushel Rye—Nearby. 90a95 per bushel; 2, export, spot, no quotations. Hay—Receipts, 88 tons; under light receipts of the better grades of tim- othy. choice light clover mixed and No.' 1 clover hay and a fair demand for these tvpes, the tone of the local hay market has been somewhat firmel and because of the light supply of the top grades good medium grades have also been “moving out more Quotations per ton today: No 25.50226.00: No. 3 tfmothy. . 1 light clover mixed, 69% o. 3. export, per bushel; No. g K No. 1 clover mixed, 24.50; No. 1 clover, 24.00a24.50; clover, 20.00a21.00. Straw—No. 1 wheat, 13.50a14.0 1 oats, 14.00a14.50. DIV'IDENDS Pe. riod. Rate. 0. Stock of record. June 18 June 15 June 15 June 15 June 5 June 21 Cor s Am, Blnk Nota. Amer Bl Do. pfd.. " Autocar bfd Belding H Co. Pl 0% i i Pa Pow & Lt ot Puplic Serv N°J Do. “ So P mco Sug. Do. pf. % Symington A Todd Shipyards SRR DI, EERERE RS re, he extent of - Seoad Rl e nolaet ta Sntinea ‘0. 2 4T ——— Tol Tr L&P 5%s30 6 98% 23d St Ry 58 62. LoTI% Union Pac 1st 4s... 8 941 Union Pacistrfds 1 89% Union Pac 4s 5 98% Union Paccv 6s.... 4 102% Virginia Ry 1st 5s. 11 102% VARy&Pos...... 4 99% Wabash 1st5s..... 4 108% ... 10 101% Wabash 5%875... 4 103% West Marylandds. 3 72% Western Pacific 5s. 13 100% West Shore 1st 4s.. -1 86 Wheol & LEcnds. 1 - 85% Wiscensin Cod 3 8% 984 9815 % 1% % 9% 89% 89% 0% 99% 102% 102% 102% 102% 994 99% 103% 103% 101% 101% 103% 103% 2% 12% 100 100 86 86 8% 86% 5% 85% publicity committee for the bankers’ convention, has mailed to the mem- of the District association what, 1s termed the ‘“second call” for the coming Hot Springs outing. “call” is signed by W. W. Spai eral convention chairman. With the communication is for warded a folder outlining all the attrac tions to be found at_The Homestead, which will be the headquarters for the convention. Those who attended last year's convention know what un- usual attractions are offered by t hotel and the surroundings. but the; hooklet will prove of special interest: to those who have never visited Hot pring he convention committees ara fust now engaged in a drive to get m bank directors to attend this vears outing than has been the case in con- nection with previous gatherings of the kind. Mortgage Offering Announced. The mortgage investment depart ment of Shannon & Luchs today an- nounces an offering of the unsold por- tion of $1.000,000 first mortgage 'y per cent notes. secured by the Capital Garage Co.. which is just starting garage at 1312 to 1320 New York ave- nue. gen. B. & 0. Report Out Today. ‘The Baltimore and Ohio Railroad ir creased its net operating income in April to $3.304.236 from $£2,654.468 in April last year. and for the four months of 1926 to $11.481.151 fro $9.194,942 a vear ago. April was $19.300,144, against $18.233.554 in April, 1925, The Southern Railwav also had 2 profitable month, net operating income of $2,785.013 comparing with $2,650,29" the same month last year. Net for the four months of 1926 was $10.104 775, against $9,950.673 in the same period of 19 April gross Increasad to 813 033,614, compared with $12,221,- 202 in Aplll last year. OUTPU‘I‘ LABGER BOS' May 27.—The month output of electric current of the Edi son Electric Co. of Boston is now averaging 12 to 13 per cent more than at this time last year, exclusive of tha takings of the New England Power Co. This Is taken to reflect additional industrial activity. D,L &W. EmINGS NEW YORK, May ). Dela 5| ware, Lackawanna and Western im-, proved its earnings in April, net ope ating income rising to $1,726,672, from $1,556,330 In April, 1925. Net for tha four months this vear, however, f: to $4,051,957, from $4,552,973 a vear ago. 3 3 Gt g POLE LINE 0. K.'D. 4 BALTIMORE, May 27.—The Public Service Commission has passed an order authorizing the Potomac Eler tric Power Co. of Washington (o exercise a franchise granted the Town| Commissioners of Upper Marlhoro to construct a pole " line through that town and along the Washington Marlboro road. e gy PIG IRON STILL WEAK. NEW YORK, May 27 (#).—Contin ued weakness in pig iron is reported from the Pittsburgh distriet, No. foundry selling for $1850 a ton Valley Furnace, down 70-cents. Basic] is quoted at $18 and Bessemer o0& #4J) to $19.50,