Evening Star Newspaper, December 19, 1926, Page 106

FI NANCIAL. THE SUNDAY STAR, WASHINGTON, I I DECEMBER 18, 19 Year to Date. Low. Total sales. Bame period L12.8 I)Bl 076 48! 302 Wl 8 679 437.094.742 136 22 | -1925-26- Stock and dividend. 62 Abitibi Power & P (4)... 43 Abraham & Straus. . 104% Abraham & Strauvs 7 90 Adams Express (6) & Advance Rumely 65% 28% Adv Rumley pf 19% 4% Ahumada Lead (16 | 348% E6% Alr Reduction (16) 16 10% 166 LY 7% Afax Rubber. .. 5 103 Alabama & Vicksbg (6) % Alaska Junea. 964 Albany Paper pf (7). 119 All American Cables 80 Allied Chem & Dye (4) 117 Allled Chem & Dye pf(7) 71% Allia-Chalmers Mfg (6).. 1034 Allis-Chalm Mfg pf (7) 14% Amalgamated Leather 102 Amal Leather pf (7). 24% Amerada Corpn (2) 9 Am Agricultural Chem 36% Am Agricultur] Chem pf. 34% Am Bank Note (13) 53 Am Bank Note pf (3) 20% Am Beet Sugar. . 55 Am Beet Sugar pf. 16 Am Bosch Magneto g 90% Am Brake Shoe & Fy (§). 20% Am,Brown Bov Elec (2). 861% Am Brown Bov El pf (1), 38% Am Can (2). 91% Am Car & Foundry (6). 2235 Am Chain Class A 73y 81 AmChice (3). 28 Am Chiclectfs (3). 85 Am Chicle prior pf (7). 4% Am Drugglists Syndicate. 105% Am Express (6). . g 144 Am & Forelgn Power. 79 Am & For Power pf (T) 7 Am Hide & Leather.. 381 Am Hide & Leather pf. 233 Am Home Pr (2.40) 82% Am Ice (110). 74% Am Ice pf (6).. 31% Am Internattonal. . 107 Am LaF Fire Engtne (1). 20 Am Linseed 53 Am Linseed pf (7). 90% Am Locomotive (8) 114 Am Locomotive pf (7). 65% Am Mach!ne & Foundry. 114 Am Machine & Fy pf (T). 44% Am Metal (4). 60% Am Power & L! 89% Am Radfator (5). 76 Am Raflway Expres: 89% Am Republics.... 867 Am Safety Razor (33). 5% Am Ship & Commerce. ... 90% Am Smelting & Ref (8).. 105% Am Smelt & Refin pf (7). 121% Am Snuff (12) . 37% Am Steel Foundries (3).. 108 Am Stl Foundries pf (7). 47% Am Sugar Refining (5)... 91 Am Sugar Refining pf(7). 29% Am Sumatra. 25% Am Telegrh & Cable 130% Am Tel & Telegraph (fi) . 85 Am Tobacco (8)... 8415 Am Tobacco C1 B (l). 104'% Am Tobacco pf (8 4 103 Am Typefounders (8) 102 Am Typefounders pf (7) 34% Am Water Works(c1.20) 98 Am Water Works pt (7).. 19 Am Woolen. €6 Am Woolen p! % Am Writing Paper D 5% Am Zinc Lead & 8m 20 Am Zinc Lead & Sm pf. 85% Anaconda Copper (8).... 26 Archer-Daniels (3). . 90% Archer-Danlels-M pf (7) . 50% Armour&Co of Del pf(7). 184% Armour & Coof 111 (A).. 5% Armour & Co of Ill (B).. 80 Armour & Coof 111 pf(7). 18 Arnold Constable & Co. 89 Artloom (8).... 108% Artloom pf (7). Art Metal (t1% 37% Assoc Dry Goods (2%) 94 Assoc DryGood 1st pf(§). 101 Assoc DryGood 2d pf (7). 116% Atch Top & Santa Fe (7). 92% Atch Top & 8 Fe pt (5) 3 Atlanta Birm & At... 147% Atlantic Coast Line (110) 20 AtlGuit & West Indles.. 81 Atl Gulf&West Indles pf. 95% Atlantic Refining. . 1181 Atlantic Refining p! 901% Atlas Powder pf (8) 7% Austin-Nichols B4 Austin-Nichols pf (7)... % Auto Knitter Hostery. 12 Auto Salespf (3). 92% Baldwin Locomotive (7). 105 Baldwin Locomo pt (7) 71 Baitimore & Ohlo (163). 62% Balti & Ohio pf (4)... 33 Bangor & Aroostook (3).. 89 Bangor&Aroostook pf(7). 85 Barnet Leather... 18% Barnsdall Cl1 A (2) 16 BarnsdallC1B (2)... 38% Bayuk Cigars. . 814 Bayuk Clgars 1st pf (7). 624 Beech-Nut Packing (13). 275 Belding Brothers (3).... 87 Bethlehem Steel Bethlehem Steel Bloomingdale Bros. Blumenthal pf. Booth Fisheries Booth Fisherles 1st pf. Botany A Briges Manufacturg (3). Brooklyn Edison Elec(8). Broowlyn-Man Tr (4).... Brookn-Manhat T p (6). Brookn Union Gas (111). Brown Shoe (2) . Brunswick-Balke-Collen. Brunswick Ter & Ry S Buffalo & Susquehanna. . Buffalo & Busque pf (4).. Burns Brothers Ci A(10). Burns Brothers C1 B (2). Burroughs Adding (14).. Bush Terminal Bush Terminal deb (1) Butte Copper & Z (50c) ... Butte & Superior (2). Butterick Co (m2). + California Packing (4). . ifornia Petroleum (2). lahan Zinc & Lead. . Calumet & Arizona (6) Calumet & Hecla (1%)... Canada Dry G A (c2%).. Canada Southern (3). Pacific (10) e (J 1) Thres M pufl Central Alloy (2). Central Leather Co. Central Leather ctfs. . Cent Leather Co pf. Central Leather pf ctfs. . Central RRof NJ (112). Century Ribbon Mills. ... Cerro de Pasco (15) ; Certaln-teed Products(4) Certain-tdProd 1st pf(7). 8% Chandler-Cleveland...... 20% Chandler Mot pf (2% ) $9% Chesapeake & Ohlo (11 8% Chicago & Alton.... 5% Chicago & Alton pf 86% Chicago&East Illinols vt. Chicago Great Western. Chicago Great West pt. Chi M1l & St Paul ... Chi Mi) & St Paul pf.. ... Chi Mil & St P ctfs of Ien Chi MASt P pf ctfs of dep Chi & Northwestern (4. Chi & Northwestn pt (7). Chi Pneumatic Tool (5). . 240 10% 43% 864 891, Chi Rock Island & Pacific. Childs Co (32.40) . Chile Copper (2% » Christie Brown&Co(1.! Chrysler Motor (3).. Chrysler Corp pf (8) 0 34% Collins & Atkman (4. 98% Collins & Alkman pf (7). 27% Colorado Fuel & Iron.... 44% Colorado & Southern (3) 60 Colorado & Sou 1st pf(4). 59 Colorado & Sou 2d pf (4). 46% Columbia Gas & Elec (5). 86% Columbia G & El new (5) % Columbia Gaspf A (6)... Columbian Carbon (4)... 164% Commerical Cradit (1)... $614 Commer Cred 1st p£(6%). . 100 " 1471 138% 145% 1064 108% . 122% 119% . mss« 104 ©166% 162% 6% 133 gz H 28° % 148% 139% 145 12% % 12 116% 116% 116% 1% 1% 1% 100 102 140% 140% 140% EE NN 122% 121'4“1“: 91 K% 111% 111% lllv. 1700 16% 105u 30% 13% 32% 164 5316 FH 4 ++ a4 s | ++ 9014 90% 390% 10 9% 9% 1z 12841132 17% 18 T+ 144+ b REZS 124% 124% 45% 4% 63% 61% 111% 109%2110 89 89 188 4T 46% 4T eois 53 €0 - 5% 6% 1463 130% 1454 122 121 122 126% 126% 125% 45 A% 44% ns 18 s 85% 821 83% 109% 108% 44 30% 20% 20% D151 149% 1244 121 A+ 110% 110% 130% 120 108 108 65% 621 107 106% 36 83% 0% 8% % 1 10% % 51 48% B T T T T T T A A B R R I S I A IR R B @ & 102 101% 107% 106 169% 168% 169% 101% l(H 101 % 212 204%!205% 80!6 lGOi BN 11/3% 109% 114% 116% 116% (R |&+++)+++| 166% 166% 116 116% 109% 107% 108% 8% 178 8% 45% 44% 145 102% 102%3102% 40 40 40 28% 27% 328% 26% 25% 52% 60% 101% 101% 61 68% 28% 284% 48% 464 116% 88% 36% 155’4- lECV. 87% LU E b ++ 11+ 4+ttt 4441+ [ §s D RUEE = & -5 e FR2 FFaEy 8% 6T% 1% 70 I+ l4r+ i+ 44 = FFssre +1 FEEF F& 205% 290 14% 11% 66% 63% 44 25 142 XOS% 102%8105% *”’4- ¥ 23 163 6% % 46% 9 26% 22% +1 A% T 4% 39% 342 1064 104%2104% 61% 60 60 170 167 $167% 64 59 2% 127 46% 84 P44+l 44011 trded i B8, 101% 101 70% 69 19 18 87 861 4401+ - &L 181 - 87 - T FE Cebs ool e g x?ssx:?"srx#:s::x§ Bx®ERaP e b FREFE = 23 Ty - - i i P T I A T i &3 % Average price of 50 stock: Bame period & year ago u-t Wk, ~1025-26— High. 144% 16% A1m 129% 62 98% Bd% 104 14% 2% 157 &l + 108" Gen Cigar pf (T).. Low. Stock and dividend. 20 Commer Credit pf B (2).. 76 Commercl Solvents B (8) 280% 217% 222 9 123 Congoleum-Nalrn 40% Congress Cigar (3). 7444 Consolidated Gas (5).. €8% Consol RR of Cuba pf(6). 1% Consolidated Textlle. .. .. 60% Cont Baking A (8). 7% Cont Baking B.. 87 Cont Baking pf (8 60% Continental Can (16). 103 Continental Insuran (6) .. 8% Continental Motors (80c) 32% Corn Prodycts Ref (123) 1184 Corn Prod Ref pf (7). 44% Coty, Inc (15). 974 Crown Wil Paper 18t (1). €4 Crucible Steel (6)... 92 Cructble Steel pf (7). 7% Cuba Cane Sugar. 86% Cuba Cans Sugar pf. 284% Cuba Company (4). B2 Cuba RRDf (6).. ;s 20 Cuban-Amercan Sug (1). 93% Cuban Amer Sugar pr(7). 16% Cuban Dom Sugar 51% Cudahy (new) 62 Cushman's Son: 32 Cuyamel Fruit.. 234 Davison Chemical. 183% Delaware & Hudson (9). . 125 Delaware Lack & Wn (17) 35 Denver & Rio Gr West pf. 110 Detroit Edison Co (8).... 31 Devoe & RayndsA(2.40) 9715 Devoe & Rayds 1st pf 73% Dodge Brothers pf (7) & Dome Mines (2). 14 Douglas-Pectin (12%) 3% Duluth So Shore & Atl pf. Du Pont De Nem (t12)... 94 Du Pontde Nem deb (8). 106 Duquesne Light 18t pf(7) 106% Eastman Kodak (18).... 10% Eaton Axle & Spring (3). 10% Elsenlohr & Bros 61% Elec Auto Lite (16%). 4 Electric Boat. . 15% Electric Power & Light. 89% Elec Pow & Light pf (7). 99% El P&L pt ctf 40% pd(7). 33% Elec Refrigerator (c2).. 60% Electric Storage Bat (18) 7% Elk Horn Coa % Emmerson-Brant c 7% Emmerson Br pf ctf: 63% Endicott-Joanson (5) . 1103 Endicott-Johnson pf (7). 19% Engineers Public Service 921 Engineers Pub Ser pf (7) 99% Equitable Of BIdg pf (7). 83% Erle 1st pf 30 Erfe2dp? 100 Erie Steam Shovel pf (7). 43 EurekaVacuum Clean(4). 14% Exchange Buffet (1%). 32% Fairbanks-Morse (3). 90% Famous Players-L (J8) 108% Famous Players-L pf( 26 Fed Lt & Trac (*1.40) 82% Fed Lit & Trac pf (6) 15% Fed Mining & Smeltin 49% Fed Mining & Smel pf(1). 23 Fed Motor Truck (f80c).. 147% Fidel Phoenix I Ins (6) 12 Fifth Avenue Bus (84c).. 91% First Nat Pic 18t pf 19.44 28 First Nat Stores (1%) 101% Franklin Simon pf (7) B Freeport Texas (2). 25% Gabriel Snubber (3%)... 4% Gardner Motor. . 89 Gen Am Tank Car (3). 96 CvanAmT nk Car pf ( 42% Gen A t. 86% Gen Alphl)t of (5 107 General Baking pf ( 46 GenCigar (4)...... 79 Qeneral Electric (h3).. 10% Gen Electric 8pec (60c) 84 GenGas& Elec A (e1%). 36 GenGas (B).... 64% Gen Motors (111). 102 General Motors pf 26% Gen Outdoor Adv (2). 45% Gen Outd Adv Cl A (4). 60% General Rwy Big (15%).. 86 Gen Refractories (3). 41% Gimbel Brothers 83 . llqu 100 = Gimbel Brothers pf (7). 12% Glidden Company (2). 37 Gold Dust......... 86% Goodrich (B F) Co (4) 92 Goodrich (B F) pf (7)... 97% Goodyear Tire&Ru pf(7). 86% Qoodyear T & R pr pf(8). 88% Gotham Stk Hos (2% 47% Gotham Hos new (2% ). 98 Gotham Sk Hos pf (7) 8 Gould Coupler (A), 18 Granby Consolidated. 60 Great Northern pf (6)... 18 Great Northern Ore (1%) 89 Great Western Sugar (8). 107 Great West Sugar pf (7). 9% Greene Caranea Copper. . 3% Guantamamo Sugar. ... 80 Guantanamo Sug pf (8).. 23 Gulf Mobile & Northern. . 89% Guif Mobile & Nor pt (6). 51% Guif States Steel (5). 423 Hanna (M A) 18t pf.... 26 Hartman A (2)... 26% Hartman B (k4 40). 19% Hayes Wheel (133%4). 100 Hayes Wheel pf (7%) 66 Heime, G W (17) 17% Hoe (R) & Co Cla 84% Household Prod (3%) ... 60% Houston Ofl... 16% Howe Sound(4)....... 21% Hudscn & Manhat (2%). . 64% Hudson & Manhat pt (5). 33% Hudson Motor (3%)..... 14% Hupp Motor Car (1.40)... 111 Dltnots Central (7). 112% Iilinols Central pf (6).... 18% Independ Oll & Gas (1)... 5% Inaian Refining. 6 Indian Refining otfs. 71 Ingersoll-Rand (16) 34% Iniund Steel (2%) 1043 Inland Steel pt (7). 20% Inspiration Copper (2). 18% Interboro Rapld Transi 18% Intercont] Rub (1 T3 Internat Agricultus 40 Internat Agri prior pf(7) 8834 Int Business Ma (13%) 44% Internat Cement (4).. 101% Internat Cement pf (7). 81% Internat Comp Eng (2). 96% Int Harvester (16). 118% Int Harvester pf (7)..... 1 63% Internat Match pf (3.20). 6 Internat Mer Marine. . ... 27 Internat Mer Marine pf. 24% Int Nickel (2)... 44% Internstional Paper (2) #6 Internatl Paper pt (7). 18 lInternat Rys of Cent Am. 59% Inter R of Cen Am pf(5). 87% Internat Tei & Tel (6) 18 Intertype Corp (t1%).... 16% Jewel Tea. .. 9 Jones Bros Tea. 12 Jordan Motor. 26% Kaneas City Southiern. ... 67 Vansas City South pf(4). ¥ Kansas Culf. , 18% ser (Jullus)& Co(3) 83 Kayser (Jullus) 1st pf(8) 9 Keily-Springfield Tire. .. 41 Kelly-Spring Tire 1st pf.. 76% Kalsey Wheel (6. 46% Kennecott Copper (5).... % Kevaton:. Tire & Rubber. 39 Kiuaey (GR) Co (4). 68 Kraft Cheese (11%) 26% Kresge § 8 (1.20) Dept Sto 70% Kresge Dept Stores pf( 110% Laclede Gas (110). 19% Lago Of: & Transport 89% Lambert Co (5) 6% Lee Rubber & Tiry 69 Lehigh Valley (15) 30% Lehr & Fink (3) 174 Life savers (1. 67 Liggett & Myer: 65% Lig 5334 Lima Locomotive (4) N 75 m 1 2‘ 1417% 12 51% - 128% 617 116% 127 26% 12% 663 12% . Low. 24 18% 19% 53% 16b% 82 182% IO'I\N\OZW 10% 4% 31% 123%1128% 39% 41 B51% 49 24% 100% 684 15% 42 $42% 118%3114% 122% 122% 41% 142 93 93 94 94 75 76 26 127T% 195 195% 16% 16% 100 $100 28% 1307% 16% 17% 9% 80% 4T% 4T% T8% 172% 109 2% 331 7 % 46 146% 108%$108% B34 Bd% 181% 131% 48% 46% 82% 80% I3 41% 341% 146% 162% 121% 122% 18% 118% 43u 45% 42% 44 104% 104% 61% 161% 61k 161% 111% 111% 9% 0% 35 356% B1% 82% 18% 3181 108%42108% 118%3118% 31% 33% 9 9% 95% 396% 3T% 38% 106 $106% 66 $66% 68 B8 110%$110% 26% 326% 46% 52% 103%2103% 44 45 152 154% 126% 127 64 64 117% 118% 22 22 47 10% 19% 46% 9% 19 43 €6 % % 44n 48% 111%3111% 9% 12 49% 894 6% ) 46% 60 166 20% 180 188 1% 68 188 674 6% 8 102 3104% % 87 3T% % 6% 97 8% 6l 66k ra + ¢+*+¢H|+‘+!++ Tl I 4+ + 1441001 ++0 [ +++ AR *1*\+.y+ & Pl +++1 1 RN I R B S (e e R T | Il+++++1++1+1 1+ #Fade ns"es sasresSs FIE 1 TR+ @ F I+++ T4 141444+ I+ 1+ 1 ++4 1 +4+ 43% 66 P FSEEA ¥ F IS High. A 141.66 109.68 136.68 101.16 25 ¥ S eFses COTTON IS STEADY AWAITING REPORT Steady Liverpool Cables Also Are Factor in Good Undertone. By the Associated Press. NEW YORK. December | cotton market showed renewed steadi- ness today on further covering In | preparation for the possibility of com- paratively low ginning returns from the Census Bureau on Monday. Steady Liverpdol cables also were a factor on the advance which carried the price of D . €, January deliveries up to 12.26, or 8 points net higher. January closed at 12.22, the general market closing steady at net advances of 3 to 17 points. The opening was steady at an ad- vance of 3 to 17 points, with Decem- ber, which had been relatively weak, at the close yesterday, returning to nearer its previous relation to other months. The firmer showing of Liv- erpool, accompanied by reports of more encouraging advices from the China cotton goods trade, led to fresh buying here in addition to renewed covering by recent sellers, while there also was a little trade buying of the Spring_months. Southern selling was In small vol- ume and quite readily absorbed around the initial figures, prices work- ing up to 1255 for December and 12.50 for March during the forenoon, or about 8 to 20 points net higher. The advance was checked by realizing at these figures, but the close was within 4 or 5 points of the best. Private cables said the advance in Liverpool had been due to covering, together with Manchester and Bom- DECEMBER 19, 1926—PART 6. bay buying, in anticipation of bullish American ginning figures on Monday. There was nothing in the morning's news to throw any fresh light on the probable show!ng of the census report which 1s scheduled for publication at 10 o'clock on Monday, but yesterday's private report of 15,550,000 bales gin- ned to December 13 appeared to have made a considerable impression on sentiment. There were rumors that some buying orders on limits canceled recently were being reinstated in the market toward the end of this week. The amount of cotton on shipboard awaiting clearance at the end of the week was estimated at 193,000 bales, against 143,000 last year. sida PRICES ON PARIS BOU’ESE PARIS, December 18 (#).—Prices were quiet on the Bourse today. Three per cent rentes, 51 francs 50 centimes; exchange on London, 121 francs 5 centimes; 5 per cent loan, 56 francs 90 centimes: the dollar was quoted at 24 francs 94 centimes. ~1926-26—, Lew. 43% 22 6 Stock and dividend. Liquid Carbide (3.60). Loew’s Inc (13). Loft Inc 2 4 Long-Bell Lum Cl1A (4). Loose-Wiles Biscuit. Loose-WilesBis 2d pf(7 ) Lorrillard (§8). 4 Lorrilurd (P) Co pf (7).. Loutsiana Oll Refinine. ., Loutstana Ol pf (8%). .. % Louts “3s & EI C1A(1%) Loutsville& Nashville(7) Ludlum Steel(2). . ‘ McCrory Stores (11.60). . McCrory Stores B (11.60) McCrory 8t pf (7) MclIntyre Porc Mines (1). Mack Trucks (8) Mack Trucks 18t p Mackay Cos ( Macy (R H) & Co.... Magma Copper (3). . Mallinson & Co. Manati Sugar. .. Manati Sugar pf. g 4 Manhat Elec Supply (5 Man Elev mod gtd (I Manhat Shirt (1%). Maracaibo Ol Explora Market St Ry Market 8t Ry p Market St Ry pf... Market St Ry 2d pf. Marland O11 (4).. Marlin Rockwell (12 Martin-Parry (2).. Mathleson Alkall (4) May Dept 8t (8). Maytag Co (2). Metro Go'dwin xl! (1.1 !9). Mexican Seaboard. Miami Copper (1%)... .. Mid-Continent Petroleum Mid-Cortinent Pet pf (7). Middle-States Oll. .. 4 Middle States Ofl ctfs. Midland Steel Pr pf(112). Miller Rubber (2)....... Minneapolis & St Louts. . Minneanolis St P & S S M Minneap St P & S S M pf. Missour! Kansas & Tex. Mo Kansas & Texas pt (8) Qh Missourl Pacific. Missouri Pactfic p Montana Power (5) . Montana Power pf (7) Montgomery Ward (4). Moon Motors (1%). Mother Lode Coalit (%). Motion Pictures (1)... Moto-Meter Cl1 A (3.60).. Motor Wheel (2). Mullins Body Mullins Body p Munsingwear (3)... Murray Body.. ¢ Murray Body ctfs. Nash Motors (13 103 17 Nat Biscult (15%). . Nat Blscult pf (1) t Dairy Products (3).. Nat Dept Stores. . . Nat Dept St 18t pf (7). Nat Distillers Product: Nat Distillers Prod pt... Nat Enam & Stpg 2 Nat Lead (8). Nat Lead pf (7). Nat Power & Light (860). Nat Rys of Mex 2d pf.... Nat Supply (16). Nat Tea Co (4). Yevada Copper (1%3).... Cow Ol Texas & M (7). Y Afr Brake (3). Y Canners. Y Canners pf (6). Y Central (7). . Y Chicago & StL (11) yLm&sszf ). ¥ Dock. B Y 7 ¥ & Harlem ( New Haven & Hart. . Y Ontarto & Western. . N ¥ Raflways pfctfs. ... N Y Rwys (2d stpd) N Y State Rallways. Niagara F Pw Co pt(1 y‘) Norfolk Southern. Norf & Western (10) North Amer (b10% stk). North Am pf (3)...... . North Am Edison pt (6) Northern Pacific (5). Norwalk Tire & Rub 011 Well Supply (2). Omnibus Corp Omuibus Corp pr A (8) Onyx Hoslery (3.20).. Oppenhm, Col & Co (4). Orpheum Circult (2)... Orpheum Circult (pf (8) 87% Otis Elevator (6)'.. Otis Steel u Outlet Company (14).... 97% Outlet Company pf (7).. tl% Owens Bottle (ct6). Pacific Coast. ey Pacific Gas & Eiec 181% 102% Pacific O1! Stubs. l‘% Packard Mot Co.(f2. . 9 Palge-Detroit Motor..... 56% Pan-Am Pet & Trans ®). 56% Pan-Am Pet& TCI B (6). 30 Pan-Am West Pet B (2).. 2% Panhandle Prod & Ref... 18% Park & Tilford. 54 Park Utah (60¢). Pathe Exch, C1A (€3).... Peerless Motors. Penick & Ford (1).. Pennsylvania Coal&Coks Pa Dixie Cement (80c) Pa Dixte Cement pf (7). Penna Rallroad (3%). Penn Seaboard Steel. Peoples Gas Chicago ( Peorla & Eastern. . Pere Marquette (18) Pere Marquette pf (5). .. Pere Marquette pr pf(5). Phila Co (4)... Phila Co pf (3).. Phila & Reading C&I Phila&Read Coal&l ctfs Philip Morris & Co Phillips-Jones(4) . Phillips Petroleum ( Phoenix Hosfery. Plerce-Arrow. . Plerce-Arrow pf (8).. Plerce Ol1. . * Pierce Oll pf. Pierce Petroleum Pitts Coal pitts Steel pf (7) Pitts Terminal Coal. Pittsburgh & W Va Porto Rican Am Tobacco. Postum Cereal (5) Pr N N N N N i N N N N N N 4% 30 12 88 18% 41% 26% 98 Public Service N J (2) Public Service pf (6) . Public Service N J pf(7). Public Ser El&Gas pf(6). Public Service N J pf(8). Pullman Company(8).... 1 Punta Alegre Sugar. Pure O (12)... Pure O (12%4). Purity Baker A (3). Purity Bakeries (B) Purity Bakeries pf (7). Radio Corp of Am. uu Radpi Cor of Am pf (3%). 68% R R See I1l Cen ctfs (4). 82% Rand Mines (23.04) 10% Ray Con Cop] 69% Reading (4). High. Low. Close. Chge. Bl 16% 35% 1% 1% 36 15, 32% 3% A6% Net. 1925--26— . Low. B8 53% - W 44% td% 6% 6% 425 42% 168 17 1 176 304 130% 116%3U1T% 14% 16% 96 o8 24 24% 182 184% 24% 76% 874 109% 25 9% 10942110 126% 12! 1204 + 87% 40% 92% 46% 8 421 843 4% R R R vage L L+l +++t+] 116 1116 33 36 13 31% 51 34 967 1% 31% Bl — 84% - 96t a I+t dett 924 117% 19% 1% 82 1884 123%1123% 16% 316% 127 127 43 434 20% 22 7% 16 186 146% 192 192 102% 104 33 86% 72 16 178%3179 18 T+ 1114114+ 26% T 9% A4 3014 Van Raal Virginia- L4444+ 1+ + +E4+4+ 923 89 I 19% 18 22 26% 433, 41 +* +1+ 102% 102% 124% 124% 186% 192% 45% 46% 26% 27% 110% 110% 47 47 42% 42% 101% 102 58 58% 62k 63 5% 76% 87% 87!‘ IU'A 100“ + 8' \qun 2% in 2% 3% 16% e W 2% 1w Dividend rates as 24 FLL LI+ 4+00 "nless oberwise noted. *Partly stock. ihis year—no quarterly. n I+ 4+ Stock and dividend. 35% Reading 1st pf (2). 864 Reading 2d pf (2).. Real Si'k Hoslery (4). Reld Ico Cream (3). Reid Ice Cream pf (7) Remington Typewriter Replogle Steel Republc! Iron & Steel (4) Republic Iron & St pf(7). Reynolds Spring. TReynolds Tobacco Robert Rels & Co. ... Rossta Ins Co of Am (6).. Royal Dutch (3.078) Rutland pf (1). Safety Cable (4). St Joseph Lead (13) St Louts-San Fran (7). St & San Fran pf (6)..... 11s Southwestern. ... hulte Retafl St (§8) hulte Retail St pf (8).. aboard Alr Line Seaboard Alr Line pf.. Seagrave (81.20). Sears, Roebk & <o I"V- ) . Beneca Copper Shattuck (Frank G) (2).. Shell Tr&Trad (a2.17%) Shell Union O11 (12) . Shell Unlon O11 pt (6) Shubert Theater (5). Stmmons Co (12%). . Stmms Petroleum (1).. Sinclair Consol Ofl... Stnclalr Consol Ofl pf(8 Skel'y O11 (2)....... S'08s-Sheff Steel & Ir (8). South Porto Rico Sug(6). Sou Callf Edison (2). Southern Dairies A (4) Southern Dairles B. Bouthern Pacific (6) ..... Southern Railway (7).... Southern Rallway pf (5). Spicer Mg, Spicer Mfg pf (8) » Standard Gas & El (g3) .. Standard Gas & EI pf (4). Standard M{'ling (5).. Standard Milling pf (6) .. Std Of1 of Calif (12%) Stand Ofl of N J (+1%) . Standard Ol of NJ nf17). Standard Ol N ¥ (1.60). Standard Plate Glass Sterling Produets (5). Stewart-Warner (8)... Stromberg Carburet (6). 4 Studebaker Co (5). .. Studebaker Co pf (7) Submarine Boat Sun Of1 (i1) Superior Ofl...... Superior Steel (2). Sweets Co of America. Symington Symington Class A (2) Telautograph (60c). Tenn Copper & Chem Texas Co (3)... Texas Corpn (3) . 4 Texas Gulf Sulphur (4).. Texas & Pacific Texas & Pac Coal & Ol Texas Pac Land Trust. The Fair (2.40) . Third Avenue. Thompson J € (3.60). Tidewater Ol (1%). Tide Water Ol pf (5) Timken Roller B (15). Tobacco Products (7) Tobacco Prod Cl A (7). Transcontinent=1 Oil. Transue & Willlams. .. .. Twin City Rap Tran (5). Underwood Typewr (4).. Unton Bag & Paper. Union Carbide (6). Union Ofl of Cal (2)... Unon Pacific (10). Union Pacific pf (4) Union Tank Car (5) Utd Cigar Stores (c2). United Drug (8) =3 United Drug 1st pf (3%). United Fruit (4). United Paperboard USCastIP & Fdy (10).. US Cast I P& Fdy pf(7). U S Distributing. U S Hoffman (13%) . US Alcohol (5).... U 8 Industrial Alco pf(7) U SSmelt Ref & M (3%). USSmelt R&M pf(3%). U S Steel (7). U 8 Steel pf (7). U S Tobacco (3) Univer Pict 1st pf (8) Univer Pipe & Radlato: Univer Pipe & Rad pf (7). Utl Pow & Lt A (e2). Vanadium Steel (u)‘ 1 Vick Chemioal (3%).. Va-Car Ch 6% ptf Va-Carolina Chem pf Va Iron Coal&Coke pf(5). Vivadou (3).. : Vivadou pf (7). Wabash pf A (5) . Waldorf System (1%). Walworth (1). Ward Baking A (8) . Ward Bakmg Class Ward Baking pf (7) Warner Bro Pic Cl A. Warren Bros(t5). . Weber & Helibroner (4). WestPenn Electric A (7). West Penn Elec pf (7)... West Penn Power pf (7). Western Maryland Western Maryland 2d pt. Western Pacific. Western Pacific pf (6). Western Union Teleg(8). Wtsinghouse Air Br (18) West'house E & M (4). 9% Weston Elec Instrument . Weston Elec Inst CIA(2). Wheeling & Lake Erle. . Wheeling & Lake Erie pL White Eagle Oil (2) White Motors (4). Whtel Rock (12.70)...... White Sewing Ma pf (4). 5 Wickwire-Spenc Stl ctf, Willys-Overland. .. Willys-Overland pf (7) Wilson & Co. Wilson & Co (J 5 Wilson & Co pt (7). Woolworth (16). Worthington Pump. .. ... Worthington Pump (A).. Worthington Pump (B). . Wright Aeronautical (1). Wrigley WJr (13%).... Yale & Towne (15) Yeliow Tr & Coach (76c). Yellow Tr & Coach pf(7). Youngstown S & T (4)... RIGHTS—EXPIRE. Atlantic Coast Line...... Columbia Gas. .. . Detrolt Edison, Dec 21... Reading Rwy Jan 197 Southn Railway, Dec 28. . Standard Oll, N J Jan 15. {Partly extra. 4% in stock pavable 1% rate. lus 6% In Stock. d Payi wi?‘hum::‘:i -L"nk.u“‘ H i : stock. Not. Hich. Low. Close. Chge. 4 a1 42 44% 421 41 i3 Loy 114 1% 5% 9% 96\4 4% ur-u.xum 8% 9 49% 49% 52% 40% 100 xmm 95 96 61% 6% 69 Tlh 48 49 345 9% PV l+++4 4+ F4 41 i vt s bvb s+ Gl bbb ] FEF I 1% 1% 3% % ()1% : 4% 164% 1825 1305 1900 +610 27% 27% 3% + 17 47 27% 90 9% P+ (3 1% * + % - 1% [ RE Caro Chem. 109%1109% 31 32 907 3% 62% 5714 190% 41% FEFS * srssces” I I B I I T B B B o o I o 1 S e I O B R S S S S S o e S I O [ Y R - w +1 s x2 Fras +++ 90% 17% 3 3% B 8u 204 18% 204 1% % 1% 2% 2 2 174 17% 2% 3 rEsEs ++ 1 ++ iven in the above table are the annual rash paymenta based on e Tatest G or' Balf yearly declaration pecial div ‘dmdn’m"n: “A}.dud.a a arterly Y Piu :?;?'?:"-'m"' 10% in common stock ::; xffi exita of special e :‘u&'.i‘ffl FINANCIAL. NEW STOCK LISTED ON EXCHANGE HERE Washington Mechanics Mort- gage Co. Common to Be Dealt in Locally. BY EDWARD C. STONE. Following the regular trading ses- sion of the Washington Stock Ex- change yesterday the board of gov- ernors met and voted to list another local security on the exchange—the common stock of the Washington Me- chanics Mortgage Co. The company has an authorized capital of $1,000,000, which includes 50,000 shares of common stock having par value of $10 per share, and $25,000 shares of preferred, par value $20. It was voted to list the outstanding 11,898 shares of common on the board. trading In the issue being permitted tomorrow. The mortgage company was organ. ized last April, being sponsored large- Iy by the officers and directors of the Washington Mechanics Savings Bank, which has headquarters at Eighth and G streets southeast. Ezra Gould, who is president of the bank, is also head of the mortgage company. The other officers include R. H. Bagby, vice president; Thomas J. Groom, secre. tary-treasurer; M. H. nuvklnzhnm assisthnt secretary. Among the directors, in addition to the president, vice president, and se retary-treasurer are George Ha: K. Kappler, C. H. Kindle, L H J. B. K. Lee, “Hllam!\ Hay 3 1- Pickford, ) s, Edwin R. Rob- N. Roberts, E. H. Tal- bert, J. P. . White and E. S. Wolfe. Trading Quiet on Exchange. There were only seven transactions on the local exchange yesterday. Twenty shares of Merchants Transfer & Storage preferred sold at 103%. After call Washington Railway & Elec- tric common changed hands at 1771, while Washington Gas Light sold at 71%. Seven shares of Lanston regls- tered 94. On the bond side Washing- ton Gas 5s sold at 100% and a baby bond of the same company 6s at 1077%. Peak Auto Records Forecast. The year which is nearing a close gives eviderice of being the greatest in the history of the automobile in- dustry. The output is ahead of that of 1926—a record yvear—and sales have also shown an Increase, but profits have not been so great in some instances. Price reductions on 3 .| cars early In the year diminished net profits. The biggest gains in pro- duction have been in the truck and passenger bus divisions. Mellon Sees Satisfactory 1927. “Credit throughout the country seems to be ample,” says Secretary Mellon. “An indication of this is the ease with which $16,000,000 has been recently raised through private subseription for marketing corpora- tions to handle the situation arising out of the large cotton crop. Money for investment is plentiful, and it is | most encouraging to note the extent of security investments represented hy the small investor. On the whole, it seems to me our domestic situa- tlon is in good shape, and we can look forward to another satisfactory vear.” Thrift Week in January. The tenth annual nation-wide eco- | nomic audit of personal and family | financial methods is agaln scheduled | for the attention of the American people in connection with the ob- 1 | servance of National Thrift Week beginning January Franklin's birthday. 17, RBenjamin The executive council of the Amer- | fean Bankers' Association will hold its annual Spring meeting at the Arlington Hotel, Hot Springs, Ark., the week of May 1 STEEL INDUSTRY 15 HOPEFUL NOW Copper Is Quiet, With Buyers Supplied Earlier in the Month. | | By the Assoctatsd Press. NEW YORK, December 18.—New buying of steel during the past week continued quiet, with the exception of some good raflroad orders, and tha Industry as a whole felt the tnflusnce of the approaching holiday season The extra dividend declared by the U. S. Steel Corporation, and reports of some increase {n operations by this concern, as well as optimistic pre dictions _relative to the new vear, were reflected in n very hopeful at- titude on the part of the trade in general. Prices were somewhat Ir regular but on the whole the tons was steady. Pig ifron was inactive but steady. Copper has been quiet. Ruyers for both domestic and export account evidently supplied their more im medfate needs earlier in the month, and a bearish view of the November statistics encouraged procrastination of forward purchases. Somse price shading has been reported and small lots were reported available at con- sesstons toward the end of this week. Producers generally, however, have shown little disposition to press for sales, probably anticipating a re cival of demand after the turn of the it 18 understood that al i d for the first siderable quarter. Tin was_quite easy and the lowe price trend was aecompanied by pr absence of special demand, increased lower market at London anc a fair gain in the world visible supply this month Lead was not in demand and th fact that the price level was w! a shade of the low of the year falle to attract consumption outside o small operations for immediate nceds. Some producers are understood to be sold up for December and a part of January. Zinc remained steady, while trada was quiet. Producers were not press. ng the market owing to the fact thas many consumers were not covered for January requirements. Antimony was dull and nomina unchanged. Consumers continued 1 wait the market uu[ REPORT GOOD YEAR. BALTIMORE December 181 vestment bankers here report a pre fitable year, but not as good as 1925 There were fewer underwritings this vear and this fact caused a big drop in earings. Neither was over-the counter business as large as a_year ago. However, bankers are well sat- istied with results and look forward to 1927 with confidence. There is a tremendous amount of financing in the making. Much of it 1s scheduled for early offering. It will come out at a time when money is abundant, and the expe: ion that the issues will be quickly ab sorbed. At the moment there is scarcity of high-grade bonds, despite the fact that during the year approx- imately seven billion dollars of bonds have been marketed. Some of the new issues were for refunding purposes, but the bulk was sold to provide additional capital. S VOTE ON STOCK ISSUE. NEW YORK, December 18 (#).— Stockholders of JohnsManvilie Co. will vote December 28 on a plan to issue 100,000 share of T per cent pre- ferred and 70,000 shares of no-par value common stock on the basis of three-tenths of a share of 7 per cent | preferred and three shares of new no par common for each present share of common. me! Financial Highlights of Past Week Brought Out in Nutshell by Statistics NEW YORK, December 18, 1926. Stocks (average of 50 issues)..... Bonds (average of 40 issues) Foreign bonds (average of 10 issue: Federal Reserve ratio.. Money rates in New York Call Time Unfilled steel orders Pig_iron production. Building permits: Number . Amount Commercial failures Number Liabilities Revenue car loadings: All commodities. ....... Gratn and grain products. Coal and coke. Forest products Miscellaneous produc! Ore Live stock 481 $301,601,559 . 1,830 . $32,693,993 Week of Dec. 4, 1926. Previous week. Year ago. This Week. High. Low. High. Low. 14075 13861 138 137.14 This Week. Last Week 9.5 §9.33 . 104.97 104.95 Last Week. Year Ago. 72.1 68.7 This Week. Last Week. 415 to 5 414 to 51y 4% to 4% 455 to 43, Month of Month of Last Week \mm hot 482 $405,299,753 $351,048,758 763 1,672 333,.30"" $35,900,000 HOW IS BUSINESS? Showing Current Business Activity compared with same week a year az~ L] el L "Ml’ifl’a,fl!l‘a'!flllnl VN HIII GENERAL BUSIN 3 outside New York, compa: ACTIVITY for the countes s whole. indicated by bank R same week of Ac’rlvl'l'Y BY FEDERAL RESERVE mflmc’rs Check transactions compared with the corresponding week of last year: New York | Phil'phia | Cleveland Richmond Atlanta T T_+61% 1 +06% | T T T Minneavolls " Kansas City 1 —168% T0.6% LEADING BAROMETERS Showing trend of ) (Industrial Conference Tces (Fisher’s Index) important factors. Pregent trend Stead. Boar GAll rights reserved. Cambridge Associates, Bostobed