Evening Star Newspaper, June 11, 1926, Page 30

30 STOCKS SHOW GAIN General Motors Moves in Unison to Point Way to Higher Levels. BY STUART P. WEST. al Dispatch to The Star. W YORK, June 11.—The two hl: stocks, commonly conceded to be the heads of the Morgan groups, were the leaders 4n the market to- day—United States Steel and Gen- eral Motors. On Wednesday steel common was the feature. Yester- day it was General Motors. But today the two stocks moved In unison and the conclusions drawn from this fact were such as to create @ more enthusiastic atmos- phere than has prevailed in Wall Street since the culmination of the January rise. 1t was nothing new to say about the United States Steel that it was probably in for extra dividends and that these might be expected at any quarterly meeting from now on. Big Public Demand. Statements to this effect appeared today to be more authoritative and there was the persistent thought of buying conducted on a very large seale. Probably on no da: SO far has there been such a public de- mand for a single stock as there was today for steel common. o The prospect of an extra stock divi- dend w the big influence. Such indications as have been noted of im- provement in the steel trade were of minor consequence, because they have not become pronounced. General Motors pushed into new high ground as it went through to 135%. The rise occurred in connec- tion with the inkling which have been coming in for several days about the expansion plan for the company. Naturall; it was reasoned that no such expansion program would be con- ridered were there not confidence in high banking and trade quarters in the future. More extra dividends were, of course, talked about in con- nection with the General Motors rise. Union Pacific Leader. In the railway section Union Pacific was the leader for the first time in a long time. It broke through its pre- vious high for 1926. The buying was based upon the attractiveness of the tnvestment vield plus the liberal safety margin back of the stock. Among the viher there were frac- »nal advances for a time in stocks ike Atchison. Atlaniic Coast Line, Chesapeake and Ohio, New York Cen- und Pere Marquette Jine was actively bought e of a point. Louisville and up over a point. South- ilway gained a point. specialties the advance kept an in Foundation Co., American Can, tieneral ‘tric, Remington Type- writer National Biscuit, Coca Cols was in some demand. Interna- tional Combustion was bought again. Spe. NEW YORK PRODUCE. Bpecial Dispatch to The Star. NEW YORK, June 11.—North Caro lina strin B8 hoan s were in fairly liberal l-l\e ppck hampers of cen flat varie 1000 quality green corn ¥ k tock brought and the of ¥ to poor. per bushel hamper. lettuce was in lighter tes of two dozen heads receipts. v ds ton variety sold at 75 of the big Be to 1.00. Jancy green peas met an active de- mand. New Jer: bushel hamper: sold at 3.50 to 4.00 for the very best Jarge stock. cucumbers in Id_from 1.00 to 2 South Carolina offerings in bu hampers ranged from 1.50 to 3.25, s commanded 1.75 BANK CLEARINGS. EW YORK, June 11.—New York rings, $961,000,000; New halanc $100,000,000 Federal Reserve Bank 00,000: Boston bank clear- 1000,000. bank BAR SILVER rnicn Bar' =il DIVIDENDS - Pay- riod. Rate. Bole Stock of able. record o £ o} %% 00000000 ¢ 4 2 Do i .- Chi THl' & Trut Do 3 2 Clueti Pl (= == B e El r;o;: Bk {l"nrn Al 0. b Harris Tr & S Bk Jordan Motors 200000000000 ] o El June 18 1 June 15 3 Uoi PN 20050 20000000 rren B Sm It DI Do. 2d_pf Western Pac SHORT-TERM SECURITIES. by Redmond & Co.) (Quotations furnished by s une 23 "INANCIAL. NEW YORK STOCK EXCHANGE Recelved by Private Wire Direct to The Star Office |..5. STEEL LEADER, ....... Adv. Rumley. .. Ahumada (41).. 8% Alr Reductn(t5) 112% 113% 112% 113% | Ajax Rubber. Alaska Junea. .. All Am Cable(7) Allted Chem (4). AlliedCm pf (7). Allis Chalm ().. Amerada (1.60). Am Agricul Chm Am AgriChpf.. Am Beet S pf(7) Am Bosch...... Am Brake Sh(8) Am Br Bov E1(2) AmCan (2)..... Am Can pf (7). Am Car&Fdy (8) Am C & F pf (7) Am Chain A (2). Am Chicle (3).. 'm Chicle ofs(3) Am Drug. 5 Am Expres Am & For Pow.. Am & Fo P pf(7) Am Hide & L pf. Am Ho P (2.40). Am Ice (110).- Am Internatl. Am La Fr (1). Am Linseed. Am Locomot (8) Am Po&Lt (g1). Am Radlator (4) y Am Safety R Am Ship & Com. Am Sm & Ref (7) Am S & R pf (7) Am Snuff (12).. Am'Stl Fays (3). Am Sugar (6)... Am Sumat A cfs Am Tel & Ca (5). Am Tel & Tel(9). A Tel& Teleg rts Am T)bacco (8). Am Tobac B (8) . Am Tobac pf (6) Am Typ Fdrs(8) Am Wa Wo c1.20 Am Woolen..... Am Wool pf (7). Am Zine. . . AmZinepf... . Anaconda (3).. . Archer-Dantels. ArmourDel pf(7) Armour of TII(A) Armonr of T11(B) Asso Dry G(2%) Asso D G 1st(6). Atchison (7).... Atchison pf (5). AtIC Line(491) AtlGuif & WT... Atlantic Refing.. Austin-Nichols.. Baldwin L (7).. Balto & Ohto(5) . Balto & Oh pf(4) Bang & Ar (3).. Bayuk Cigar. Barnsdall A (2). Beech-Nut (+3). Beldinz Bros(3). Bothlehem Steel. Reth Stl pf (7) Bloomingdale. Botany A (4). ... Briggs Mfg (3).. Bkin Edison (8). Bk-Man T pf(6). Bkln Un G(t11). Brown Shoe (2). Brunswick Balk. Brunswick Ter. . Burns Bro pf(7). Bur Add Ma (3 Bush Terminal Butte Cop (50¢). Butte&Super (2) Butterick. .... Calif Packing(8) Calif Petrol(2) Callahan Zine. Calumet& Ar(6). Calume&H(1%). Can Pacific (10). Case Threshing. Cent Leather. ... Cent Leather pf. Century Rib M Cerre De P (4).. Certain-Teed (4) Chand.-Cle pf (4) . Ches & Oh (112). Chi & Alton pf Chi & Fast T1.., Chi & East 111 pf Chi Great West. Chi Gr West pf.. Chi Ml & StP... Chi Mil & St P pf C Mil & St P ctfs C MII&StP pf cfs Chi & Nwn (4).. Chi RT& Pac. CRI&PDf(T). Childs (32.40)... Chile Cop (2%). Chino Copper. ... Christie B (1.20) Chrysler Corp(3) Chrysler pfA(8). CCC & StL pf(5) Cluett Peab (5). Open. High. 'lm E'm 140 119% 121% 86% Cluet Pea pf (7). : Coca-Cola (7). Collins & Atkmn. Collins&Alk pf 7. | Col Fuel & Iron.. Colo Southern. .. Col Gas & El (5) Col G & E pf (7) Col Carbon (4).. Com Cred (2). Com Inv (3.60).. Com SolvB.... Congoleum-N... Consol Cigar. ... Congress Cgr(3) Con Cigars pf(7) Consol Distribut Consol Gas (5).. Consol Textlle. Cont Can (16) . Cont Mot (80c) Corn Prod (2). Crucible 8tl (5). Crucible pf (7). Cuba Cane Su pf. Cuba Co (4)..... Cuban-Am 8 (2). Cuban Am p£(7). Cuban-Dom Sug. Cuyamel Fr (4). Davison Chem. . Del & Hud (9). . Del L & Wn (17) DRG Wstpf... Detroit Ed (8).. Dodge Bros C1 A Dodge pf (7). Dupont (19) Dupont deb (6).. Duquesne pf (7). Eastman (18). Eaton Axle (2) Eisenlohr & Bro. Electric Boat. .. Elec Power & Lt Elec P & L pf(7) EP&LDE 40% (7) Elec Refrig(f2). Elec Sto Bat(t6) ErfeR R. Erfe 1st pf. . Eureka Vac (4). Famous P1 (10). Famous Pl rts. . Fed Min & Smelt FedLight(*1.40) Fed Min pf (7). Fisher Body (6). Fisk Rubber. . FiskR 18t pf 8(7. Fleischmn(t2%) Foundation (8). Fox Film A (4).. Freeport-Texas. Gabriel A(H4%). ' Gardner Motor. . Gen Am Tnk (3). Gen Asphalt. Gen Asph pf Gen Clgars (4).. Gen Elec (c8). Gen Elec (h3). .. Gen Elec sp(80c) Gen Gas A(el%) 11% 40% Gen Motors (116) 133% Gen Mot pf (6).. Gen Mot pf (7). . Gen Outdr Ad(2) Gen Petrm (3).. 103% 118% 28% 3% % 1% 140 119% 121% 86% 27% 17% 139% 83% 7% 30% 26% 11 102% f Glidden (2). 8 | 9% | 122% 40% | 139% 83% 8% 81% 25% 11 102% 93 « 94 814 4% 11% 28% 182% 82 60 13% 161% 913 10% 58 31% 4% 11% 28% 133% 1267 5% 67% 31% | 73 90% 18% | | 79% 46% x 98% | Cdk 823 34% | 6 46% 68 108 653 822 80% 1% 41 185% 103% 118% 28% 64% | Panhandle. | Pere Marq (18). Open. . 16 Gold Dust. s 44 Goodrich Ru (1) 50v Goodyear pf (7). 104% Gothm S H (23) 414 Gotham pt (7)., | Gould Cou (2) | Granby Consol Grt North pf ( Gt Nor Ore (1%) 19% Green Canan Guantanamo. . . . Gulf Mo & Nor.. 34y Gu M & N pf (6) 105 Gulf States S (5) 71% Hartman (2%).. 28y Hayes Wh(13%) 82 Vlm\ Sound (3). 34% | HudsonMan(23: 38% Hudson Mo(3%) 64 Hupp Mot (1)... 20% Illinols Cen (7). 120% Indep Of1 (1).... 24% Indian Motor (2) Indian Refining. Ingersoll R (14). 90% Inland St (23%).. 39% Inland Stl pt (7) 110% Inspiratlon (2).. Interurb Rap Tr. Intcontl Rub(1). Internat Agri. In Ag C pr pf(7) Int Bus Ma (3).. Int Cement (4).. B8y Int Cement pf(7) 104 Int Com Eng (2) 627 Int Harvstr(6).. 119% IntMtch pf(3.20) 64% Int Mer Marine.. § Int Mer Mar pf.. 86% Int Nickel (2)... 351 Tnt Paper. ... 24 Int Paper pf (7). 93 Int Shoe (6).... 150 Int Tel & Tel (6) 12314 Int T&Teleg rts. Intertype (t1%) Tewel Tea. 3 Jones & Lau (7) 116% Jordon Mot (3).. 31% KCP & L 1st (7) 112 Kan City South. 427 CSopf(4). 64 35% 20 10% 23 Kennecott (4)... Kinney G R (1). Lacleds Gas (8). 155 Lago Ofl & Tran. Lambert (3%). . Lee Tire & Rub Lehizh Val(3%) Leh&iMnk stf(3) 3414 Life Sav (1.60).. 204 Liggett & M (t4) 80 Tiz & MB (14).. 79% Lima Loco (4).. 63% Loew's Inc (2).. 38 Loft... w 7% Lorillara(3). 354 Loutsiana Of1. 16% LouisGasA(1.75) 231 Louis&Nash (6). 133% M'CroryB(15.60) 77% MeIntyre P (1).. 25 Mack Trucks ®) 0% Mackay (7) Macy HR & Co. Magma Cop (3). Manat! Sugar pf. Man El Sup(41¢) Man El gtd (d5). Maracafbo Ol. .. Marland Of1 (4). Mathieson (4).. 6s% May Dept St (5). 115 May Dpt S pf(7) 124% Maytaz Co (2).. 20% MetroG pt(1.89). 221 Mexican Seabd.. 74 Mtami Cop (1).. 18 Mid-Continent. . e Middle States. .. Midland pf (1107’ 1184 mw. 37 55% 764 5914 25% 574% | Miller R ctes(2) MStP&SSMpt 66 MStPRSSM 1§(4) 65% Mis Kan & Tex.. 384 Mo K & T pf (6). 907 Missouri Pacifle. Missour{ Pac pf. Montgom Ward Moon Mot (3). Mothr Lode(75 Mo Plcture (1) Motor Met(3.60) Motor Whi (2).. Murray Body Nash Motor Nat Biscult (4). 904 Nat Biscu pf (7) 181% Nat Cash Reg(3) 42 Nat Cloak & Suit 29 NatDairy (3)... 66 \ t Enamel & S. Nat Lead (8). Nat Lead pf (7) Nat Po& Lt(40c) Nat Fy Mex 1st. Nat Ry Mex 2d.. Nat Supply (4). Nat Tea (4)..... Nevada Cop (1). NO Tex & M(T). NY Air Brake(2) NY Canners(c2) NY Central (7).. 129% NY Chi&StL(11) 173% NYC&StL pf (6) .102% NY Dock....... 36% NY Dock pf (5). 69 NY & Harl (5).. 18914 NY NH & Hart.. 48% NY On & West.. 2414 Norfk & Wn (18) 149 Norf & W pf (1) 841 North A (B3.40). 48% North Am pf(3). NthAm Ed pf(7) North Pac (5)... Norwalk (1.60). . Oil Well Sup (2} 31% Omnibus. .. 1% Onyx Hoslery... 3T% Otis Elev pf (6). 106 Otis Steel pf.... 91 Outlet Co (133%) 473 Owens Bot (14). 63% Pacific Coast 25 Pac Ofl (3).. 1% Packard Mot (2) 86% Paige Mot(1.80). 17 Pan-Am (6). 13 Pan-Am B (6)... 72% 37% 19 204 (3 Pan.AmWnB(2). Panhandle pf Park & T11fore Pathe Ex (c3). Penick & Ford. Penn C & Coke. . Pennsy RR (8). Penn-Seab Steel. Peoples Gas (8). 52 1% 120% 98% Pere Marq pf (5) 79% Phila Co (4). k4 Phila&RC&I. Phillp Morris. .. Phillips Pet (3). | Pierce-Arrow. .. | Plerce-Ar pf ® Pierce Ol Plerce Petrolm. Pitts Coal. . . Postum (4.40). Pressed Steel (n) Pr Stl Car pf (7) Prod & Refiners. Pub Ser N J (5). Pub Serv pf (8). Pullman Co (8). Pure Ofl (1).... Radio Corpof A. RS 1 Cefs (4). Rand Min (3.31). Ray Cons Cop (1, Reading (4).... Reading rts..... % Remington Type 104 Rep Iron & Steel 50% Replogle Steel.. 9% Rey Tobac B(5). 96% Robt Rels & Co.. 11% Royal D(a1.339) Rutland pf...... Safety Cable (4) St Jaseph L(13). StL & SanFr (7). St L Southwest.. St L Swn pf (5). Savage Arms (4) Schulte (§8) Schulte pf (8)... 176‘4 27% 43 117% LNING (BONDLIST IS FIRM Low. Clos 16% 17 %\ The Fair (2.40) 47 4T% 117% 117% STAR, WA - INTRADING TODAY One or More Issues of Each Groupg Singled Out for Special Attention. BY GEORGE T. HUGHES. Special Dispatch to The Star. NEW YORK, June 11.—Accom- panying a generally firm market, deal- ings in bonds today were character- ized by a serles of special upward movements. One or more issues in each group was singled out for at- tention. In the forelgn list it was Rhine- Westphalia Electric Power 7s. These closed yesterday at 97% and opened today around that price, but quickly advanced to par, which was the rec- ord high since they were first offered in November. 1925. Rhinelbe Union 7s, crossing 102, also moved into new high ground. Other German govern- mental and industrial obligations were favorably influenced by the strength in these two issu Missouri Pacific Leader. The leader in the railway group was again today, as in the previous session, Missouri Pacific General 4s. They had sold Thursday at the high- | est price in their history and today {they went a half point higher. Erle General 4s were heavily hought at a fractional advance and for the Ifirst in a long time International Great Northern Adjustments initiated an upward swing, responding to in- { dlcations of better earnings results Still another speculative railroad issue in demand was Chicago Great West- ern 4s. The New Haven bonds were steady but not materially higher. Industrials and utilities were more irregular. Brooklyn Union Gas 54 at 142 were up over 2 points on the conversion privilege. International Mercantile Marine 6s recefved better support and at 95 were at the high | & the recent recovery. Stockholders meet June 17 to take up the matter of the sale of the White Star Line to British interests. Tractions Not General Petroleum in the oil division, but the advance was only a small fraction. Profit | taking in this issue by those who had | bought before the bonds hecame a | Standard Oil of New York obligation, | has held down the price of late. The local tractions were not as prominent | as on the day before. The only feature in the high-grade | group was United States Steel Sink- ng Fund 5s, which got up to 107 for | 2 gain of a half point, a rather large | fluctuation for this particular bond. | Minor features in the general market were the demand for Rolivia 8s among forelgn and a persistent firm. ness in the St. Paul issues among the rails Prominent. 58 did the best Seaboard Afr L. abd Air L pf. . Sears-Rn (214). eneca Copper) . Shattuck F G(2) Shell Un (1.40).. Shubert Theatre Simmons (12.25) | Stmms Pet (1). inclair Ofl. . Sinclair p (8).. Skelly OIl r2) Sloss Sheft (6) | Sou Cal Edison. . South Port 8 (6) | Sou Dairies A(4) | Sou Dairfes B... South Pac (4). .. | Southern Ry (7) South Ry pf (5) . paulding pf (7) | Std Gas&El (g4) Std G & El p2(4) Std Mill (5)..... Std Ofl Cal (2). Std OM N J (1).. Std Oil NJ p2(7). Sterling Pro (5). Stewart War (6) | Stromberg (8). . Studebaker (8). Submarine Boat. Sun O1l (11). Superior Ofl. Sweets of Amer. Symington. Tenn Copper (1) Texas Co (8). . Tex Gulf S (10). Tex & Pacific. | Tex & Pac C& O | *Tex Pac Ld Tr. Third Aven Thompson (3. Tide Water(15) Tide W Ofl p£(5) Timken (t4). ... Tobac Prod (7). Tob Prod A (7). Transcont Ofl. .. Twin City (5)... Underwood (4) Un Bag & Pape: Un Carbide (6) iunotl (@)...... Un Pacific (10). Un Tank Car (6). Utd Alloy (2)... Utd Cgr St (E2). Utd Drug (8) Ind Alcohol. Ind Al pf( 7) Unt Ple Tt pe(h) Universal Pipe. . Untv Pipe pt ¢7) Utl P&Lt A (E2) Vanadium (3). Va-Caro Ch(n). . Va-CarCh 6% pf Va-Car Ch pf(7) Vivaudou....... Viva pf new (7). Wabash. . Wabash pf B Ward Baking B, Ward Bak pf (7) Warner Bros. . ., West P El pf(7). West Maryland. West Md 2d pf West Pacific. West Pac pf (6). West Union (8). ‘Wsthse ABr 16% Westinghse (4). Weston Elec. Weston A (2) Wheel & L Erle. White Eagle (2) White Mot (4)... White Rock (2). Wickwire ctfs. . Willys-Overland Willys Od pf (7). WoolwthF'W (15) 148 Worthn Pump... 82% Worthtn A (7). WorthtnB ()... Wright Aero (1) Yel T&C(76¢). ... Yel Tr&C pf(7). Younsnown [O) Coohiu \eher earned. E—Plus “:a‘% HINGTON, I C RIDAY JUNE 1 | N NEW YORK BONDS STOCK EXCHANGE Received by Private Wire Direct to The Star Office. | UNITED STATES | Lmq Close. 8100 28 100 28 Lib1st4%s 99 10223 102 21 10222 Lib2d 4%s. 151 100 29 100 27 100 29 Lib3d 434s. 183 101 14 101 12 101 13 Lib ¢th A%s 3071035 1032 1085 UB3%s.... 157 101 22 101 18 101 22 110410 104 10 104 102 310810 1086 1086 FOREIGN. Sales. High. Argentine 5s. 1 89 Argentine 6s Ju 59. 23 9u% Argentine 65 Oct 5¢ 13 Argentine 6s A Argentine 6s B. Argentine 7s. Australian 5s Austria 7s. a Bank of Chile 6%#s. 2 Belgium 6s. : Bglgium 63 Belgium 7s. Belgium 7% Belgium 8s. Bolivia 8s. Bordeaux 8s. Brazil 7 Brazil 8 Canada 5%s 1929 Chile 85 1941, Chinese Gov Ry bs. Con Pow Japan 7s. Copenhagen 5%s Cuba 5t%s..... & Czecho T%s rets. . . Czecho 88 1951.... Czecho 88 1952 ct.. Danish Munic 8s A. Denmark és Dutch East 1 6s 47. Dutch East I 6s 62. Finland 7s. . 3 Framerican 1%4s. .. French 78 French 7% : French 8s. . : German E1 P 6%s. GermanTs. .. Ger Agr Bank 7 Ger Gen Elec 78 Greek 7s. Haltf 68 Hungary 7% Ttaly 7s. mpanete 4s Japanese 6%4s. Lyon 6s. Marseille 6s Mexico 45 10 asntd. Montevidio 7s US4yss2. Low. Close. | 89 98% 98% 98% 104% 102% 108% 4% 101% 109% 104% 106% 105% 96% 89% 20% 97 101% i 90% 104% 99% 99% 86 97% 89% 87% Norway 63 1 Norway 8s 1944 Paris-Ly Med 7s. .. Paris Orleans 7s. .. Peru Tlks Peru 8s. . Poland 8s Prague 7%s Queensland 6s. . Queensland 7s Rio de Jan 85 1946. Rio de Jan 8s 47. Rio Gr Do Sul 8s. .. Sao Paulo 1950. Saxon (PW. 105% 13 104 102 103% ifi oho Elec Power 7s : d Kingm 53%s 29. 31 Utd Kingm 53337, 3 MISCELLANEOUS. Ajax Rubber 8s.... 2 108% 102% Am Agri Chem 7%s 7 108% 103% Am Chain s .. 1101% 101% Am Repubdeb 6s.. 1 99% Am SmIt& R 1st 5s 37 101% AmSmit& R 6s.... 17 108% Am Sugar ref 6s... 9 108% AmT&Tel tr4s.. AmT & 3 cl tr5s. . AmT&Tsf5s Am T & T deb 548, Am Water Wks 58. Am Writing Pap 68 Anaconda 1st 8s. ... ‘Anaconda cv db 7s. ‘Andes Cop 7s rcts. Armour&Co 4143 rf 3 Armour Del 5%s Associated Ol 65 Bell Tel Pa 58 C. Beth Steel pm 68 Beth Steel rf 6s.... Beth Steel 53%s53. Beth Steel 68...... Bklyn Ed gen bs. 103% 9% 1004% 93 994 104% RAILROAD. Sales. High. Ann Arbor 48. 1 82 4 1 87 Low. Close. 82 82 87 87 92% 924 | 11 92% | S0t AtlantieCLcl 4s.. 86 92% Atl & Dan 1st 4s 48. 2 B80% Atl & Dan2d4s48. 3 72% 83 91% 22 96% 31 98% 2 104% . 10 103% 7 108% 7 91% 14 101% oBUY% % 9% 12 91% 2 99% 1 18 6 115% 22 85 1 102% 7 108% 5 105% 12 91% ° & 101% Buff R & Pitt 4%s Can Nat 4%s30. .. Canad North 6%s Canad North 7s. . Canad Pac deb 4 Car Clinch & O 5s Car Clinch & O 6s Cent of Ga 514 s. Central Pacific 4s. Cent Pac 1st 6s 90 Ches&Ocv4%s... 16 99% Ches & Ogn4%s... 31 97 Chi& Alton3%s... 1 68% ChiB&Q1strfbs. 1 105% CB&Q-T3Y%s 6 86 Chi&ETgnbs....286 79% Chi Great West 43,508 69% CM&StP4s25... 18 63% Pds2Gefs 1§ 53 CM&StPdb4s... 6 b3% CM&StPdeb ds ofs. 52 Fn: M& St Pov 4%s. Fw&spcvuuxzef: CM&StPgn4%s. CM&St Priqls. . CM&SPr 4% cf14 CM&StPevss... CM&SP cv bs ofs 14 Chi & NW gn 3148 Chi & NW 7s Chi Rys bs.. ChiRT& Prtds. Chi UnSta 4%s. ... Chi Union Sta 5 44 Chi & W Ind cn 4s. C&WI5EY%s62.. ., CCC& StL 4 CCC&StLbs CCE&StLrf6sA. Clev Term 58 Cleve Term Colo & Sou 415 CubaR R 58 Cuba NR 65 66. Del & Hud cv 58 35. Del & Hud 51 Den & Rio G cn D Rio G West 5s. Erfe 1st cons 4s Erfe gen 4s. .. Erfeconvds A. Erfe conv 4s B Erie conv 4s D. Erie conv ext 7s Erle & Jersey 6s. .. Frie Genessee R 63 FlaE C 5s 74. Fla E C 74 new. Great North 5s Great North 5%s. Gr North gen 7s Green B & W db B. Hocking Val 41;s. . Hud & Man ref bs. . Hud & Man aj 5s. .. 115% | “B4% | 102% 104% 4 111 Cen 45 53. 111 Central 5% 111-C-C StL&NO bs. Tnt Rap Tran 5s. . Int Rap Tr §s stpd. Int Rap Tran 6s Int Rap Tran 7s. . Tnt & G Nor 1<t 6s. Int & G Nor ad 6y Kan City F't S 4s. Kan City § 53 Kan City Term ls Lake Shore 4s 28 Lehigh Val 5= 2008. Lou!s & N un! 4 L & N 4% 5 2003 Man Ry 1st 80 Market St 7s 40. MIIEIRY & L5 STSt P & SSM 53¢s. MK&T4sB. MK&Tadj6 143 92y MK&TprinssA. 23 101% MK&TEsC. 7 108% T4% Mo Pac 58 1965. . Mo Pac6s 49 D. . Mo Pac 65 55 Mont Trm ref ew Or Term 4s. .. N O Tex & M in 5s Y Cent 45 98. Y Centribs. Bklyn Union 5%s. Calif Pete 61¢s Cen Leath 6s 45 cfs Chile Copper 6s 32 Col Gas & E15s. ... Col Gas & Kl s sta. Consumers Pow &s. Con Coal Md 1st 5s. Con Gas N Y 5%s.. Cuba Cane cv 7s. Cuba Cane cv 8 Cuban Am Sug 8: Denver Gas 5s. Dery (D G) T Det Edison Dodge w 1 6 fiifuun. Light 6s. Est Cuba Bug7%s. Empire G & F 7%s. Fisk Rubber 8 Goodrich 634s. Good year 85 19: Hershey 5%s. . HumbleO&R § Illinois Bell 18t & Tliinols Steel 4%s.. Int Mer Marine 6s. 16 Int Paper 65 47 Int Paper IntT&TH Kan CP&L bs Kan G & Ei 68 52. Kelly-Spring 8s 3 Lacl G ref 58 34. ... 10 Laclede GDSA%E B Liggett & Myers Eofitara (P) bs... L Manati Sugar sf 1'/. 10 Mid-Con 6%s 40. Midvale Steel 5s. . Montana Pow 6. .. Mor's & Co 1st 4%s New Eng Tel 6s. N Y Edison 68 4 N Y Edison 6%s. 1014 107% 100% 100% 4 102'% 82 105% 90\5 9444 0 S8 nBaaSudoma Y © PET-IS- PSSP T 5 g o U .20 North Am Ed 6%sS. Nor Ohio T & L 6s. Jor States Pow 5s. Nor States Pow 63. Otis Steel 8 Pac Gas & El1 58 PacT & T 18t b Pac T & T 55 52 ran-Amer Pete Phila Corf 6s A. Phila & Rd C& 16 Pierce-Arrow 8s. Public Service 6s. . “ P Serv Gas 5%s 5! P Serv G‘ll Bl/e,: Alegre g:llaron &‘Stlal bs 18 Saks & Co 5t 78.. 31 Sinclair Oil 8 Sinclair Of1 107% 100% 102 102% 108% 104% United Drug 6 U'S Rub 1st rf 58.. lo U S Rub 7%s. 3 I Va-Car Chem 7s. Vertlentes Sug 78, Warner Sug 7s 39 Warner Sug 78 41 - 11074 NYChI&StL 514SA. 67 104 NYChI&StL 5%sB. 37 104 New Havd 4s 57. 6815 New Havencd 6s NY Ont W 1st 4s N Y Rys 6s 65 NYRysé6sA N Y State Ry 4 NYW&Bos4ly Nor & S gen b8 54 Norfolk & W cn 4s. 2 89y 7 103% 11124 2 100% 5 984 17 874 13 98y 13 106% 28 1024 ¢ 118y 22 107% 2 1045 Northern Pac §s D. Northern Pacr 1 s Ore & Calif 18t bs. . Ore Short L rfs 4s Ore Wash 1st rf Pennsyl gen 43s. Pnuuyl gen bs. 4 Pere Marq 1st 5 PCC&StLbEsA.. 1 103% PCC&StLSsB76. 2 104 Port RL&P6s42. 1 92 PorRL&P 6s47 7 101% Reading gen 4% 3 9oy Reading J C 4s 51 Rio G W 1stds.... StLSWconlsfl. % StP &KCShL 4%. StP UnDep5s.... San A& Arn P 4 Seaboard A L 4s sts Seab A Liref 4 Seab A L adJ b Seab A L con 6 Sou Pac 45 29. Sou Pacific clt 4s.. Sou Pacific ref 4i Southern Ry gen 48 Sou Ry con 55 94... Sou Ry 68 66...... Southern Ry 6%s. Third Ave ref 4s Third Ave adj 6s. Tol Tr L&P 5% 30 Union Pac 1st 4s... 1 Union Pac 1st rf Union Pac cv . Virginia Ry 1st ba. Wclt Maryland ern Pacific Wlloflluln Cent RUBBER UNCHANGED. Special Dispatch to The Star. NEW YORK, June 11.—Crude rub- ber, smoked ribbed sheets, was un- changed at today’s noon quotation at 42% cents. This compares with 503 cents a month ago and 75 cents a year ago. 102 1024 111% 111% 105% 106% 102% 102% West Elec 5 ‘Westn Union 6 k. d:\l Dd( 'PNI]! lm le i on g'\_ mi-v"m?"i"i ey, i 3% | 97 103 103% 104 108% | trag, 4 | moisture was reported {of the State wherc e © “ | adopted FINANCIAL. WHEAT PRICES EASE DOWN ON WEATHER Rains in West and Nonhwest Tend | to Depress Values—Hedge Pressure May Increase. By the Associated Preas CHICAGO, June 1i.- Rain West and Northwest affordin from drought tended to ease wheat values today during the early ' dealings. In Neb especial the as having im ol down arts except %% off o 1 er ound. corn openir proved wheat prospects over received west of Hastings, ¢ ing up, the wheat market moderate declin n and oats were w unchanged to all around. Provisions turned st er. With harvest expected to he gen- eral in southern Kansas the next week, reports were rec eived Vh‘ at svery d: of July delivery advices were als are not keen ah et s tha baats of peesent when o0ld_wheat is bringing in 2 35 over the July delivery. According to some trade hedging pressure in the wheat mark is due to increase soon ahd to a a drag on values, Regardl of pe bilities for hizher prices later. suc traders contended that ownership of wheat dur the nest two we would be or a decided handic Low D Close BTN CHICAGO LIVE STOCK MARKET CHICAGO, June 11 U ment of Agriculture). 17.000; dull: few e steady to shipper later undertone rly pounds top, 15.00; 0dd lots, choice dow up to 15.10 I pound uteh L llr.‘t!\ aughter pig Cattle—Res scarce, yvearli strong: heavi with vesterd paid for lo: mixed vearlings | bulls fun steady fed steers opening count due to w 17.00a17 best eholce: Tpouna Idahos to outside three decks at this price: bal | ance’ of four cars to pack vearlings sharin few early s steady: desi 6.50. H DAIRY PRODUCT“ BALTIMORE. June 11 Live poultry—Spring ch 35246 Lq.'hm ns. 30240 Ezgs—Receipts ind_nearby fi 0a31. Butter—Good | pound, 40a43; COUNTRIES MAY CO-OPERATE. NEW YORK. June 11 (®) are accumulating in the finan rict that when a final to stabilize European s with the aid of credits it will involve = the joint defense Belgian and Italian tacit understanding exists ¥ French and Belgian authorities, and it is expected that Italy’s co-op will soon be pledged. All three o {ries have American balances avafl. able for protective action and addi tional advances probably will not be made until a three-cornered agree ment or understanding is reach GEB.MAN BONDS AND STOCKS {Quoted in doliare ver million marks Ger Gt (w In) 38 1014-18. 93000 1000.00 Hamburg 41as 1019, i (Quoted_in’ dollars’ per thou Ger Gen Elec %5 pro-war Ger Gen Flec. 4135 19 Berlin ds pre-war. .. Hamb 3e, Hambu| { renc 00 o russian Con Dusseldorf s pr Munich 4s pre- rz an at Dreconta Gellachatt. Dresdner Bank..... Deuteche Bank . | Darmstaedter Banl cur Bank Vien Heyden Chemical ust A E G (Gen Eiec). feinen Handels. .. FOREIGN EXCHANGE. {Quotations furnished by W. I Hibhs & mmm London. pound. . . dollar. Madrid, peseta. .. Vienn: zloty. ... . u.wnnum erow " e YORK, O Stocinoim. NEW Italy, den Demand gium, 2.96; Germany 40.14; Norwa; Denmark, 2 Spain, 15.68; 9.00; Czechos 1.76%; Austria, 14.125; rgentina, 40.31%;: i0, 46.75; Sha treal, 100.1015-16. TB.EASURY CERTIFICATES (Quotations furnished by Redmond & Co.) ‘———Noon. FEDERAL LAND BANK BONDS. (Quoted by Alex. Brown & Sons. Closing.) Asked. Yield ' P & =3 BUTTER IS LOWER. CHICAGO, June 11 (#).—Butter low- er; rmlpu. 18,996 tubs; munery ex- w.. T e e T PRICES ARE FIRM ON EXCHANGE HERE Real Estate Mortgage and Guaranty Pays Semi- Annual Dmdends. BY EDWARD C. STONE. the Washington Stock e were firm today both in the divisions. On the bond Exch Lond s opened 2 Capital Tractior ime out and the bond market woun ity and Sut first of | the si and recorded hares of W June Thir L hl'!mu a4 w tock opened on 885, The 1 the next 887 1 two odd lot sales at nsfer in Capitai been recent n wh 1 Co. taok ove f the Miller Trai Control appa Mortgage Directors « and Guaran clared th ends ut the annual t on the preferred st nt on the common stock terday nnu vidend on both classes tion reports resources of nd surplus, discounts d e wx‘y'\ of $462.062.24 as of N ment reports is issue of : favor that it was sold out on the first red to the public. Other such i ting, the ting was held Ko Thomas ille, Lrns! and A Banks usual Declare Dividends. 4 per cent semi-annual 1 vesterday by of Ana the presi the hank_ also idend of 3 pe: ‘e Otterh that onal Bank thei: g in Georgetown ves . declared the usual quarterl . share, p: ble to stockholders of record of business on June i Iy interesting c in the difference in the ages « perous banks. The k is one of the young at Covingte of the Supr t s been slected + director in the Union Trust Co. to ney caused by the de ardson, it was ay ard J. Stels ident former member stern Maryland ned from the bench severat 20 in order to enter the private practice of law. He is a member of the firm of (ovington, Builing & | Rublee, which has offices in the Union /Trust Co. Building. Tnvestment Bankers Meet. B. O. H’\r[wx of Crane, Parris & Co. and " Keyser, Washingt counsel fur the Investment Bankers' Assocfation, attended the annual out ing of the southeastern group at the Green Spring Valley Hunt Club at Baltimore \\'Dr]nnsday. Alden Little, the newly elected executive secretary S0 | Of the national associatfon, was pres ent and made the only address, being m(rml\lm d by Simeon Block of Balti- the toastmaster. A luncheon 1 golf in the afternoon preceded annual dinner in the evening. Unlisted Securities Prices. Following are the bid and asked prices of i er exchange rules: BONDS, Bid A Doings of Local Bankers. . Larner. president of the shington Loan and Trust Co., has orwalk, Conn., to attend the e ms»m ex; es at his daugh He will then come . and pass the est of the mnmh on his farm there. F s M. ge, president of the luml\, has heen Connecticut and New Yor He plans to extend his vacation for some time vet hefore returning to the National Capital. Peter A. Drury, Merchants Bank . president of the and Trust Co., is | nz the week end at his Summer | home in the Eiue Ridge, near Blue mont. The lure of the Blue Ridge | section has proved so strong that Mr. | Drury plans to spend a good deal of | time basking in the breezes in that locality during July and August. Vice President H. Pope of the unsey Trust Co. gone to New s the weel Perhaps | he_found it necessary after acting as judge in the recent essay contest, in which the papers written by the con- testants were found to be so uni formly good. Arthur Mitchell, cashier of the Columbia National Bank, has returned from several weeks visit in Florlda for the benefit of his health. He was calling on his friends today and ap- pears much Improved in health. i