Evening Star Newspaper, July 18, 1926, Page 82

FINANCIA'L«. 'NEW YORK STOCK EXCHANGE ‘WEEK HNDM JULY! 17, 1926. Last Wesk. Year to I.l” 371 m‘"l.m 5,825,479 221,969,091 . Low. ' Stock and dividesd. 84% 62 Abitibi Power &P (4).... 50 ; 43 Abraham & Strau: 109 104% Abraham & Straus 7% DX 108 11 IK 90 Adams Express (6) 10 Advance Rumely. 47 Adyance Rumely pf (3) 7% Ahumada Lead (11) 86% Alr Reduction (15), 74 Ajax Rubber. 1 Alaska June 98 Albany Perf Paper pf 7). 119 Al American Cables (7). 80 - Allled Chiem & Dye (4). .. 13! 117 " Allied Chem & Dye pf(7) 122“ 108% Allis-Chalm Mfg pf (7) 24% Amerada Corporation ( 18% Am Agricultural Chem. 36% Am Agricultur] Chem pi 34% Am Bank Note (1.60) 53 ; Am Bank Note pf (3) High. % 43 716 Am Bosch Magneto. 90% Am Brake Shoe & Fy (8). 12m 30% Am Brown Bov Elec (2). 41% 86% Am Brown Bov EIpf (7). " 95% 38% Am Can (2). 59! 116 Am Canpf (7). 91% Am Car & Foun 120% Am Car & Foundry pf(7 22%°Am Chain Class A (2) 87 Am Chicle (3). 841 ‘Am Chicle ctfs (3). Am Chicle pr pf ctfs (1) % 4% Am Druggists Syndicate. 105% Am Express (6) bt 16% Am & Forelgn Power. 87 Am & For Power pf (7 33% Am Hide & Lea! 24% Am Home Pr (2.40) 74% AmIcepf (6) 32% Am International 11% Am LaF Fire Engine (1). Low. 7 43 108 31 + . 115% 114% H: Chge. | High. Low. Stock and dividend. 'M% — 1% l:‘k 103 Continental Insuran (6). . 43 { rr——— gy 83 Continental Motors (80c). 11k 82% Corn Products Ref (12%) ‘0% 44% Coty Inc,/(4) . 25 98% Cuban Amer Sugar pf(7). 108 % 18 Cuban-Dom sum (m) 18% n Cudahy Packing (7. Cushman's Sons (l) m Cuyamel Fruit (4). 27% Davison Chemical 20 1 Dum‘:ulnll (2) 26% 14 Do Pectin 3% Duluth So Shore & A “1“ .L‘l SU Year to Mm 136 Toves + 11608 10116 % tll 47w :;% 2% 15;‘ 174% '0 l% 9% - 8% 5% 5% nm 184% Dupont de Nemours(t19). 2644 .245 05% Dupont debentures (8). . um 105 . Duquesne Light lltpf('l) 115 116 156 106% Eastman Kodak (18)..... 1:4* 118 - 114% 10% Eaton Axle & Spring (2). 11% Eisenlohr & Bros. 824 61% Elec Al:!o Lite (16%). 62% Electric Refrigeraon(f2) 60% Electric Storage Bat (16) 1 Emerson-Brantingham. . 6 Emerson-Brantingham p! 8 Emmerson-Br pf'e l.! fre . 106% 1054 106% Chge. 181K+ K last, t ¥ lor ot the currency, % | undivided NDAT sunszz WASHINGTON, |RESOURCES OF ALL 1uc>(nsau‘13;;rwlzss,, o~ HAVE NOW REACHED $302,826,710 3% lncreuepf 32,077, 165 Made in Past ThreeMonlhn. New Stock Issue Announced—U. S. flerhUrged to Slve More Money—Other Financial Notes. ' ntwmo.nom Combined resources of all Wuhlnt- cm banks on June 30 last amounted to $302, m.m. acoordin compiled by Y. repre- sents an increase of $3,077,165 over the corresponding figure thres months uo. when resources: totaled $300,749,- 'l‘hn tabulation, ‘which s being dis- tributed with the compliments of the new investment firm, capital, "I.I“-.l gregate I\u. $16,467,820; undivided and deposi! tions may be noted by comparison of thmfl:uruwlhfl:antarAm 12 he preceding call ot the control- en capital to- taled $24,167,011; lflrvhll. $15,869, 0".' ta, $5,561,18, and’ d pml'/l, $243,833,164. national of 3! 95".695. mG 1 trult com] 102,050,744, panies ,l;ll the 23 savings banks had resources of $284,577,000. 'l'na current figure rep- ruo:o'g;unrlnmd more than $18,- Mortgage Co. stock having blsl»oal -ldenhly oversubscribed, the fourth r-lm-u—. Stock and dividend. m Man Elev mod gtd (Db) 20% Manhat Shirt (1%). 27% Mantla Elec Corp (2) . 20% Maracaibo Oll Bxplora 893% Market St Ry priorpf also fl:m ag- | fi sition fl t%l.rd largest m in Washington, myehl statements, it has assets more than $1,000,000 and counts and undivided proximately $100,000. the larger part has been taken by in. vutoun in all parts of the cou: that the company is represen stockholders in practically eve of ‘the Union, as well as in foreign countries. ital :'&lm mnvmm- rmluuon “Resolved, that the members of the Net. | 1925-26~ 108% 188% 54% 81% Seaboard Air Line Low, Stoek and 48% Savage Arms (4). to cover the difference any first-hand article and its value hand, and should also include the deal- ers’ profit. Urges U. 8. Clerks To Save Money. ‘ou respect your work and the way you execute it; the salary that is your reward for doing it. uv demand of And aside from ac- there is rightfully a small portion of that pay envelope | Coast joyment. “But schedule a fixed sum to be et g e s g saving, p precise man- y have never ‘who was sorry he had established, an: kept ‘up a savings account. xonr H FER T 535538 ”i; H REACTION IN MARINE IS FEATURE IN BONDS Yo | Changes Elsewhers Are Narrow inndor can thus nto $100,000 in less on the hasls of an retllm on his in- ‘This, then, l& ‘what pital over a period of years. Other Financial Notes. J. R. Kenly, president of the At- lantic’ Coest Line, reports that June revenues showed a gain in freight of about 10" per cent over June, 1925, He declares that the South’s natural and Steadier Tone Is Shown by Most Obligations. By the Associated Press. b NEW YORK, July 17.—A sharp re- action {n International Mercantile Ma- rine @s, following the unexpected termination of negotiations for sale of the White Star line, stood out in con- trast to the desultory movement ot prices in ol.her sections of the ma qu'j“ prowect £ s for eventual ment of the I. M. M. bonfllr'gir(: proceeds from the White Star sale faded, this issue slumped more than 4 points to 87 compared with the high price of 98 established when the deal m first pyoposed - several months Clunm elsewhere were narrow but the market displayed a steadler tone than in recent sessions. Western railroad lines were easier in reflec- tion of the fallure to obtain higher " | freight rates but Wheeling and Lake Erie 4s, Ontario and Western Central o | 48 and National Rallways of Mexico Railway. This is the concern which recently bought the selling rights of the Miller ’l'rlln Control Co.. Redmond & Co. nnnuneo an offer- ing of Georgia-Carolina Electric Co. first mortgage 6s, due June 1, 1929, priced at 100 and interest, to yhld 6 per_cent. RS O AT, HAS BIG SURPLUS, NEW YORK, July 17 UPY—The Buffalo, Rochester & Pittsburgh Rail- way, which the Delaware & Hudson Co: 18 endeavoring to lease for 999 4s advanced 1 to 2 points, forelgn and t‘i’ms Government obligations marked e. After a dull week in new financing, more activity is promised for next week. Several large public utility ferings are in prospect, including ‘25,000 000 Gatineau Power bonds and, $18,600,000 for the West Penn Power Company. An issue of about $5,000,- 000 first mortgage bonds will be sold for the New Orleans, Texas and Mex- ico Raflway. BUTTER IS STEADY. CHICAGO, July 17 (®.—The but. ter market ‘today ruled steady to 63% Endicott-Joanson (5) 66% lll% 99% Equitable Of Bldg pt (1) 119% llfl!fi l!’ ¢ 9 22% Erle m 33% Eri 46% 30 Erie2 D 18 Exchlnu Buffet (1%) . 82% Fairbanks-Morse (3). 53% 61 % 904 Famous Players (J10) 17% ll‘“fll 108% Famous Players-L g‘\l) 120% 119 . 26 Fed Lt & Trac (' 31% m ll‘ 823% Fed Lt & Trac pt ( 87 15% Fed Mining & Smel! 72 firm at unchanged prices. Trading was qulet, as buyers had -upplled their immediate needs and there was no speculative interest to speak of. Supplies were liberal, but dealers held all grades quite closely and asked premiums In most cases. The cen- Ln.llmd car market was firm on the best grades and steady to firm on the 88 to 8 scores. Fresh™ 92 score, 39%; 91 score, 37%. Central score, 39; 89 score, 37%. 20 Am Linseed. . 90% Am Locomottve Z years, had surplus of $544,421 for the 115 Am Loconfotive pf (' first five months this year after charges, equivalent to $2.90 a -share on its $10,600,000 common stock after allowing for dividends on the $6,00,000 6 -per cent preferred. stock. Profit and loss surplus on May 31 was §3,- 902,576, against $3,364,310 on March and- §3,447,666 on ‘December 31, 40% Shattuok (Frank @) @ 21% Shell Union Oil (1.40). 99% Shell Union 01l pf (6). 513 Sheubert Theatre, $1% Simmons Co (12%)...... m% 1003% Simmons Co pf (1) T+4+4+1 _ Fe Fef"Fes 22 56 15% ll 316 52. +2 + 68% B50% Am Power & 122% 89% Am Radfator (4). 84 76 .. Am Rallway Expnu (‘) 48" Am Republics.. 76% 86% Am Safety Razor (3 14% 5% Am Ship & Commerc 144% 90% Am Smelting & Refin - - = = i il o E§:§s§==§§=;§i=§ fedaze ..‘ 8833 3 % Middle States Oil of 119 _ 105% An Smelt & Refin pf @ 165 122 Am Snuff (12).. 47% 37% Am Steel Found 108 Am Stl Foundries pf (). 47% Am Sugar Refining (5) 91 14% Am Sumatra opt ctfs A. 25% Am Telegrh & Cable (5) .. 130% Am Tel & Telegraph (9) 104% Am Tobacco pf (6). 103 Am Typefounders (8). 34% Am Water Works(c1.2 98 Am Water Works pf (7) 19 Am Woolen 66 Am Woolen 1% Am Writing Paper pf.... 3% Am Writing Papr pf ctfs. 5% Am Zinc Lead & Sm. 20 Am Zinc Lead & Sm of. 853% Anaconda Copper (3) 26 An:hehDu.nloll-ld’lflllllfl 90% Armour&Co of Delpf(T) 13% Armoug & Co of Il (A) 5% Armour'& Co of 11l (B! 80 Armour & Co of 111 pf(7) 18 Arnold Constable & Co 39 Artloom (3) 108% Artloom of (7). % 15 Art Metal (1). 87% Assoc Dry Goods (2%) 94 Assoc DryGood 1st pf(8). Assoc DryGood 24 D( 17) 2 20~ At 31 At Gnlflwufilndll pt. 95% Atlantic Reflping. 11 9 Atlas Tack. % Auto Knitter Ho: 92% Baldwin Locomotive (7). 118% 105 Baldwin Locomo pf (7).. 110% 8% 71 Baltl &Ohio«§).. 98% 627% Balt! & Ohio pt (4) 1% 33 Bangor & Aroostool 40% 89 Bangor&Aroostook pf(7). 101 % 18% Barnsdall Cl A.(2) 26% 16 Barnsdall C1 B (2) 38% Bayuk Cigars 53% Beech.Nut it Packing (13 30 Belding Brothers (3). 37 Bethlehem Steel. . 98% Bethiehem Steel pf (1) 1% 28 Bloomingdale B 104% Bloomingdale Bros pf 4% Booth Fisherles. 25 Booth Fisheries £ 20 Botany Con Milis CIA( 25 Briggs Manufacturg (8 1% British Emp Steel 2d pf.. Am Sugar Refining \!f('l) !m m‘ 102 “2TH: 27 [ $i§§#§"=t P4l lbdd bl |44 . eeBrea Seersaf¥ e 96% Ti% 871% + % 40% 101 +1 26% — 120% Brooklyn Mhon Ele-:(!) l“ lll 35% Broowlyn-Man Tr (4). 72% Brookn-Manhat T pt (6 168 Brookfi sll)‘nw(n:l):n t11).. 8% 29% Brown Shoe 96 Brown Shos pf (7) 24 Brunswick-Balke-Col 3 Brunswick Ter & Ry S 48 Buff'Roch & Pitts (4). 86% Buffalo Roch & Pit pf( 923 Burns Brothers C1 A(10). us 17 Burns Brothers C1 B (2). 65 Burroughs Add Mach(3). 14% Bush Terminal 80 Bush Terminaldeb (7)... 4% Butte Copper&Zinc(500) . 6% Butte & Superior (2)..... 17 Butterick Company. 53 By-Products (2) 178% 100% California Packing (8) 38% 28% California Petroleum ( % 1% Callahan Zinc & 74 Central Leather Co 43% Cent Leather Co pf. 240 Central RRofNJ ( 12% Century Ribbon lllll 43% Cerro dePasco Co 86% Certain-téed mum(t) ‘;9;: A 1% Chlndlnr-cl“‘llnfl. 28 g}ll\a.ndler-cle' of % 89% esap 105% Ches & Ohio pf (6%) 8% Chicago & Alton 5% Chicago & Alton pf 7 Chl Mil & St Paul pf. 7° Chi Mil & St Pctfsof dep.! 12% Chi M&St P pf ctfsof dep 47% Chi & Northwestern (4).. 1! 1264 101% Chi & Northwestn pt (7). usu 25% 125% 3 80% Chi Pnenmatie Tool (5) 45% Childs Co (12.40) a5 2 Egg,s -l:.nonio (Oll) l«fi :‘ 49% Fed Mining & Sm‘lt:;f'l) l:o\i um '!'ldol Pno.nlx F Ins (' ). Fisk Rubber 1st pf ev(’) lfl( Fleischmann Co (12%).. A 8 Freeport-Texas. 28% Gabriel A(14%) Gardner Goodrich (B F) pf (7). 98% 98 98% Goodyear Tlretku PI(T). 107% 106% I T & R pr pf(8) 10‘3“ 107% 1t 864 Goodyear 49% 47% Gotham Silk Hoslery (n, 74 8% 724 'IN 189 §3§§ H L1444 ++444 :E"t"s*x:!: ugar 107 Great West Sugar pf (7). us 16" 136 Cop 17% 1 9% Gi 3% 62 ' Guif States Steel (5).. 42% Hanna (M A) 1st pf. 26% Hartman Corporation 48% IMEM(B)GCOC Homestake u* Household Pru:“(.fl ). 50% Houston Oil 88% Hudson Motor (l*). . 14% Hupp Motor Car (1). Illinois Central (7) §Bgzs Fygsdast ternat Mer ht"mfllnk‘:l (’; Paper (2). onal . . laternat Paper pf (7).... Internat Tel & Tel (6)...; 124% 20% 18 Intertype Corp (11%).... 28 i - H 46 spaatey o = 1+++ 14+ +++4++ 0441411 £88 = Euzge, sesiegeis * = . T8% T4% TT% - + FHEEE LD I +4 rEEA+LI+L ) B YR 2 H-I T i 2 % .I: Miller Rubber ctfs (2)... 28% Missouri Kansas & Te: 74% Mo Kansas & ‘l‘ml ot (l) 19 Motion Picture (1% B3% 88% Moto-Meter Cl’A @.60).. 80% Munsingwear (3). 3 Murray Body. 52 Nash Motors (13).. 42 Nat Dalry Products (3).. 264 Nat Dept Stores........« 12% Nat Distillers Products. . 88 Nat Distillers Prod pf. 21% Nat Enam & Stpg. . -75 ' Nat Enam & Stp flf ('l) "« 138 Nat Lead (8). 13“ 114% Nat Lead pf (7. 54% Nat Supply. (). 119 Nat Tea Co (4). 8 83 137% 118% N Y Central (7). lm 118 N Y Chicago & St 88% N Y Chi &St L pf (6). Lacka & West (5) Paclfic (5) 4% 7% Norwalk TIMR\ID(I'O) . 80 Of Well Supply (2). 22% l“ Omnibus Corp. . OlnnlhulCorp PrA (8.0 lm Onyx Hosfery (3.20) 78% Onyx Hoslery pf (7)...., ll“ Oppenheim Collins (3).., 26% Orpheum Circuit (2) 98 Orpheum Circuit (pf 87% Otis Elevator ( 7 OQutlet Company (13%). . H :'m Outlet Comp-ny pl m 2% Owens Bo 7% Pennsylvania Coal&Coks. wlv-.nh nnllr‘ @) Penn Seaboard 5 1 180 112 Powluouchmo Bt 100% 61% Pere Marquette (18)..... 91% 68% Pere Marquette pf (5. 7 96 78 Fers Marqustte pr pf(s 6% 1a Co (4) B1% - 52% Minneapolis St P& S8 M. uu 5% m 3 40% Midland St1 Prod pf ($11) ll:“ - -_- §EEsse SRR o EReFrreFE Ranl |+l|l++l1++$++l+l+l+*++l '+ ugansis,g § Fo2sx giygs Egii F gisasy sougagennsy gggaa g 1~ 3. s $5fgeoniiaye IREESEESERE N} we2FaReat sl Bl oS e s.;;s,:: £ i §E5ES 2 HEUHEH §s §yaisr - TH T+ 1+ IRl T+t 4400 (+1 1] . 2 L Fex wx"UsPar " sbernsee sre 005 "5 2 Frrreile” Fsseefese”e¥s3” daeddaadadg bt § i § i iz #oRaca g : £ ] &R LI+1+4+ i P T L o L AEALEFEL N U AR L e §§§3§§“§§§§“§§i‘§‘§ i Wabash 14% Waldorf System (1! 124 gfl'uflh M. *EEFEFL TN+ ¥ gey3S5rge 8 H 11i+14 P E3-§E~850%000%F et BgEgerv,g o555 Li+t I+ l+L4+] .~ ; srsffels g2 sFsess "2a¥e eelis $"%2s 2EEsa® £"e"EE "ess 5555 §siEsgzgeelyet s;aEi RS T PR Es & = 2 & §gges ot sissfefege dgas sgiggenys3er S3%55psiinietagisy 3§23y 538unt 3 o FIA+FH LI+ 44 b4+ 1441 2§35° £, 1] :gé 2§ - 15 . [ Sggesszacs sy sxesE " Es" s ass R R Frete i+ BsaE e segyt gyt A4 L1E e I 49 i gaEggse = , ;?sa;a:gsa:;;:;:; Fl+li+44+ ++1 ;z:pgg 583 S53, 85yeye aRe FRrasx 28 25"sF = - FEE ees FeisFe"3E HOW IS BUSINESS? Showing Current Business Activity compared with same week a year ago dobits outside Now York, compared with the same week of last year. ACTIVITY BY FEDERAL RESERVE DISTRICTS mwmmmm m.mmfln(wnkofhnynr BONDS. 8,000—C. & P. Telephone 1 9, “JW—PQ! Elec. Power Ref. 1 uh Alex. & Mt. Ver. 1 Bales. $12,000—Ana. Pot. River R‘B.‘-ll Bs. 14| 4+ | | ++ Lo nioloistiie gReruonens THE YEAR 1926 TO DATE ON THE WAS INGTON STOCK ' EXCHANGE. _ Furnished by W. B. Hibbs & Co. 1926, Up to and Including, Friday, July 16. High. © 95% Open. 95 % gazgsg.ggaggzz;;:gs i 307 Chlle Copper (2%) 16 Chino Copper. . 28% 40 Christie Brown&Co(1.20) 47 28% Chrysler Motor (8).... 93 Chrysler Corppf (8).. ... 103 41% Cleveld & Pittsbgh (-pl) 58% Cluett-Peabody (6) 80 Coca-Cola (T)....% 84% Collins & Alkman. 98% Collins & Alkman 27% Colorade Fuel &1 Iron,. 44% Colorado & Southern. 5% Columbia Gas & Itiee (§). 1043 Columbia Gas & Bl p2(7. 45 Columbian Carbon | Commer Credit (:) 28555855 <Bgeigisgay :g;;a § £ . e Ee " Mee s Fasasans § Ea o B S U IHE 4] i ss258 § & T LR P B segszefzs = sssegasdeazay. B FrreaTedeasBEalR 5o? 2E%P ses Fr ¥ £TCeFe8%Fe BEReEsYes®y ;:;E::“?;?::’::%'T”:s:*xs# ; 4§§£i£ ilfliign t;%ii?i