Evening Star Newspaper, March 7, 1927, Page 10

FINANCIAL. N, D. C., MONDAY, MARCH 7, 1927. ; FINANCIAL." TRENDISLOWER | Tew YRR sTock EXCHANGE | %+ AND 3 PER CETNOTR OOV | Covvew o BONDS rexmcmw] NTEREST ENTERS : Open High Low Close . Low. Close. 5 . . o UNITED STATES. Sales. High. Low. 2:55. UN TREAS"RY PLAN Abitibi P X o 2 . 6 P .000." Wilson & Co 1st 8s. 4 102% 102 1 Y IN SIUBK MARK[I ke I T B et d s 4ot | Treasury March Financing Will Total i Winchester A THs. 4 }3’?»; 106 106 Adv Rumiey.... 13% 14'% 13% 14% #atrbanks (3).. 4% 41% | ‘l 10116 101 16 101 16 ‘oungstn . 104% 104% s R aT el AL e aarse ) 104 " $450,000,000 and Be for Short Terms. 115 10025 10022 10035 RAILROAD. General Bond List Steady Ahumada(t60c). 5% 5% 4%k Bl | g ! General Motors Pressed for| air Reductn1e) 146t 1461 146 146 ;::gu. ;'.:;'," };‘l’“ o o 3 5 e oe Ajax Ruber. 12 11% 11% | peg L@ T (k1.40) 0 S 4 O b 1043 10323 1043 3% 94 . 2 € AtlantioC Lo 9 92 . : Sale Most of the Time. ey et s £od Minpr . o avings Parley utlook Brlg})t. USaKs... 281 10416 10412 104 16 | AantoG L et so. . 2% o With Exception of Con- 8) 23 . 23 2 2814 b ay s > 11125 | AtlanCL4% . T o | : All Am Cable(7) 166% 166% 166'% 166% AL, — US4%s52. 400 11125 11112 11125 97 97 o7 . 0il Shares Sag. Allfed Chem (8) 138% 138% 137% 1381 | bioer nocron s 301 N Atisutis O b 103% 103% 103 vertibles, Weaker. g AT 0y ik Lol s aote [ wiray NarscIg) 28 BY EDWARD C. STONE. day that the outlook for the coming FOREIGN. %0 80 80 i —_ AllisChalm (6). 96 96 94 94% | ok roher e ok Secretary Mellon announces that the | SAVings conference to be held in Wash- Sales. High, Low. 2:55. | At % N T4 4% Special Dispateh to The Star Amal Leather... 17% 17% 10 |l e Tt (8, o Trensury's March financing will . | ington on April 7 and 8 is very bright. | Argentine 5s 0% 90% 90% 794 s 04 BY GEORGE T. HUGHES. "NEW YORK. Mofch 1.—The week in | Amal Lhr p8(7) 104 1047104 | Fichanmann(3) it cludo offerings of $450,000,000 in certi- | {18 FeEIoRs onfytence covers the New | ATEtUno o005 3 o bl omis 4 38 7% 98 | spectal Dispatch to The sta : R el - 3 Amy 33 b 2 v Englane ates, Middle and South At- 6sOct59. 8l 981 « 10 101 100% 100% . . b g erada (2) ... 84 4 334 34 | pox Film A (4). ficates of indebtedness, in two series, tantic States, lavitations having been 901 99% e e 1011/: NEW YORK, March 7.—Terms of the stock market began with an un- | Am Agricul Chm 4 % 124 124 |y + 4| these fund: ith bal s on hand = -2 Tex ¢ K se funds, wi ances on hal v 8 1 . . certain price movement and the selling | Am Agri Ch pt.. 40% ‘"’fil'F;::‘mh::.)z') sent to about 5,500 bankers to attend 99 99 99 2 105% 105% 1054 | the quarterly financing of the Trea and March tax recelpts, belng eX- | po"gecsions, Not only are savings 9% 9T 20 102% 102 10214 | ury Department was the most inter esting topic of discussion in bond cir pected to cover all cash needs until s R Gabriel Sn (33) A . *Treas. | banks included in the conference, but | Austria 7s.. : 103% 104% 2 108% 108% 108% Liquidayon made itself felt in prom}: | s er Suar. 2315 23% 231 23% | Gardner Motor.. 7 :,';‘;, -";',‘,;’C[g;;"";;{g,,;fi;gdm{;ggy et | all other banks in the eastern territory | Bank of Chile 6%s. 94% 95 3 23% 93% 93u|cles today. The fact that the Secre- nent industrials and rallway shareS | am Brake Shi6) 142w 142 142 142 | Gen Am Tnk (3 v, March collections this year will con- | Which have savings departments. Bank of Japan 6 5 100% 100% 's 12 102 101% 101% | tary contented himself with an of- carrying ‘prices off sharply in many | g plBouEI(s) 3415 3415 32 34 | Gen Asphait. % 9 | e O eeion” the “same period a | . EArly replies to the invitations give | Belgium 6s. . 5% 951 95% . 15 83% 83 831 | fering of two lssues of certificates of instances before support Was €% amCan(2).... 484 48% 48 48 [ Gen Bake pf 4 o, When they totaled $409.. | indications that there will be about 100% 101 | Bklyn Manhat8s.. 31 987 98% 98 | indebtedness, one maturing in six countered. Except for a few days of | 41, GargFay(8) 104% 104% 10415 10415 | Gen Clzars (4)., 828 ~30g g "1 700 and possibly more bankers at the 1044 104% | CanNat43s30... 2 99% 9915 99;| months and one in a year, was taken b convention. The program will be an- 2 102 102% . 21 964% 96% 96%|to indicate that he belleved a long- interruption, the main body of stocks | {78 GERFIROR g 190 1902 T334 | Gen Elee (ha) o 847 5 . 30% 30% 3 % he Secretary also announced today s had been moving forward for almost [ J7HAL IR @080 Bl G0N G 15 | GenEilee spihnc) > ‘)gtfllh:‘?fide;nl ;‘{'esm_e e < oy | nounced 'in a few days. 112% 112% 1 105% 105% 105% | term bond could be floated just as five weeks. The reactions which set 5 5% 45 2w | Fen Gas A« o " v 109% 2 118% 118% 118'5 | well three or si¥ months hence as B ciayar s aauee | AoaloRlo\Eicterd) SuE ebis s b | G lt SRS Sl S0 8 215 43 | heen authorized to redeem in cash be- | Bank House-Warming Opens. e e e 118 | now. The third Liverty loan matures the closing sion of the week had |, oo bl rees i . 4 0% | GeniMot neh (6) fore March 15, at the holders' option, | The completely renovated Bank of 5% 9 8 84 83% 8a%|in September, 1928, and some move e e sufficient as a corrective | Am e g B i | e i NG Treasury notes of Serles B-1927, dated | Commerce & Savings at Seventh and E} ol 9 96% 96 96 |towar® refunding is anticipated this e AmkFo'Po ot o gg‘“ i OUtEAS(E) May 15, 1923, and maturing March 15. |'streets was thrown open for special 9T 9718 1105 105 105 |vear. The new offering was without ey deal of the speculation cen- | AMETOLORED) 80 80 20 20 | cien outar 4 ¢4) 3% | The notes, of which $660,000,000 in the | public inspection at 2 o'clock this aft- 107 107 | C 2 102% 102% 102% | effect upon the market for outstand- tered in the mo.ors, with General Mo- [ am oo (+10). .. ;mn’ % -IA‘V- 321 GenByieiit). 15 % 56 series is outstanding, will be redeemed | ernoon, to remain open until 10 o'clock | Ganada 68 1931 . . 101% 101% 15 101% 101% 101% | ing Government obligations toda fersd i the molors, wilth Cebet) | | AmIcertin). . 180 180% 150% 130 | Gan B SlK S : at par and accrued interest to the date | this evening. The handsome bank | Ganaqs o 1953, 1041 104% 12 '99% 99% 99u| The general list was steady, except Food part of the time. After declin | am La®r(1)... 8% 8% 3% 8 | Gimbi Brof ¢ ; ¢ | of redemption. They bear 4% per cent | looked almost as much like a florist's | Canada 5148 1939, . 101% 101% T 97% 9% 97| for the convertibles, some of which B D o to 165 the market hard- AmLinseed, 1., 24~ 24 25% 21 | Glidden (31 ... : A interest. shop as a financial institution, so & 100% 100% 2 73 7o% 73 | weakened with their respective stocks. e ving was carried on with | Am Lined pt (1Y 57% 88 577 58 | Gold&StckTel(s) A 9 The Treasury offerings both will be | many flowers having been sent by 1o 100 | CniB& Qgn4a6s. 3 94u 94% 94w |Local tractions also had a heavy ened, bu e 8 o Mistor A 0088} ATANi i 4 & 57% 58 Goodrich Ru (4) % | dated and bear interest from March | friends and other banks. One piece CMB&Qll!rtll' 5 105% 105% 105% | tone. With fractional recessions in = good deal ot catlon. 4O Mt itk Mk 1ite 112 L Gnodrish of (1) ; 15, ono series, at 3% per cent, being | that stood out prominently was a huge | Gt 108% 1084 | O B il gnes 1 8 81% 81 8iu|all the Interboro bonds and notes Jrories wcoritnued 10 feel ithe b1/ AoE 4 A0 O S o LI\ B Al ocaysarurin). for six months and maturing Septem. | basket of roses from the Eroup of | GniiciaCis A 20 70 R0ts | Most of the oils wero under pressure shia effsct of the recurtt reluction In PAmERMLEIN) oo sex B6k. now | SOSUAERET 1% 101% | her 15, and the other, at 3% per cent, | bankers who make up the midweek | Gom pun rapen e 22 so% Tosl more or less. The Sinclair descrip- b © | Am SatetyR(ss) 53 53w sty b2uy | Gould Conpler A T e Cuba EHBerreare 108% 108% 5 59% 59% 0% | tions soid oft easily and the Barnada'l Warner and Timken Offered. Am Smeléing (8) 149% 1407 147 148 | Granby Consol.. 26 : ; March 15, 1928. The six months offer- | Visitors were shown every feature of | Czecho 7%s rets. 106% 108% 5 60 60 |68 with warrants, at 105, were down ner and Timken Roller | AmS & Rpti7r, 1500 1onn oo soors | Gre Northof (6) 85% 881 8o ing is $150.000,000, while the year's | the bank, both from an artistic stand- | Gzecho 8s 1951 106% 100 | CM&SP re 43gsctle 10 60% 80w | 1% points from the high of last week. ring \were frecly supplied at a de- | Am Snuff pf (6). 99% 99% 991 99y | Ot NrOrart1%) 23 | (COeITE R SEUVIO0 B0 point and that of practical utility. | Czeeno8s 1952 ct 108% 108t | CM&SPevbscfs 14 13 59 591, | Sugars and coppers were irregular. Bearing wer e, Huson | ATiBt Boyevs). 451 L45Y O e Veatn an I8 118 The e 'reasury notes | First to welcome visitors were Pres- 5 ey, 1 104'% 104% 108%| Cuba Cane 8s were in good demand gilin: of ' polntisnd Snote o A28 Bimatre o :;" B an Ca s . 4 | maturing March 15 will be accepted | ident Maurice D. Rosenberg and Cash- | Danish Munic 8s A. 4 110% 110% | 16 77% 7T 77w | While Eas Cuba 7%s, @ ’ iEgiors s s - i T il it T e 4 | at par in payment for the new certifi- | jer Joha M. Riordon, but the other | Denmark fs...... 1044 104% s 3 8 f9%4 | of Cuban C: RERLE A0 DS el Seh ToE it [T s Tets 165 1 dinn A P el S _ | cates. Subscriptions, for which pay- | officials and directors were also on | Dutch East I §s 62. 103% 103 48 934 9 "l' were firm, 78 weakened, lished another new hish £0F L2 203l | Am Tobacco (8). 122% 1225 1225 4 2 4 ment is to be tendered in Treasury | hand. | Finland s £ 65 45... 94% 9. 5 95 9515 | although both are obligations of the iove '70; “ Anxiéty guer the possibil [EUBCSInon IR, 122, 1288 2% 122% | Hack W pf(1%). 2 2% o5 2 notes maturing on that date, will be Drug Store Sales Improving. Finland 7s. . 100 100% 2 104% 104% 104y | same system. Speculative railroad fty of general price cutting in the | 27 Fobac P68} 1124 113 L2 1121 | Hart B b10% stk 3% 4% 25% | allotted 50 per cent up to one-half 8 = 5 Framerican 7 101% 101% 3 103% 1031 103w | bonds held well. ~International Great motor {ndustry _quring the” coming | Am Tobacco B(8 10) 1211 120 121 | Hayes Wheel... 17 : the amount of the respective offerings. ‘ 101% 101% 3 871 874 87w | Northern adjustments recovered from months was less in evidence and be- | {7 (VP FOreS , 138 1371 137% | HayesWpf(734). 5 i sales. for the month of February 109 109% 2 s, 12 104% 1041 104% | the effects of the selling last week. Yot appearcd to be growing that the | AmType p (7). 109% 109% 109% 109% | Helme Geo (4).. 8 Convention Outlook Bright. amounting to $588,072, compared with 109 109 e 21 3wl In the foriegn group French and ies were planning { Am W W 1st (7) 105% 105% 105% 105% | Helme GW pf(7) 5 President Howard Moran of the Dis- | $437,216 for the same month last 5 102% 102% 102% better grade comparn h oneE 99 98! h Belgian issues held around Saturday’ Detter BT € etensive navertis. | Am W W (cL0) % T4k 173 734 | Hoo® CoA . ... trict Bankers® Association reported to. | year, an increase of $150,856, or 1074 1074 o1 108 100% 100 | e "Ttalian Ts continued In Supply. 34.50 per cent. Sales for the first two . e campaigns With & view to main- | Am Woclen. . 33“ 23% 22% 22% | Houshld P (3%) e 102% 102% 1108 108 108 An unusually interesting new iss months of this year amounted to | Ger Gen Elec7s 104% 104% 5 102% 102%% 10215 | Was the $3.350,000 City of Coral Gables m Wool of (7 3% T1% 78 taining high production and sales i % | Houston Ofl. ... Y schedules. AmWritPactfs 14 1% 14 1% Howe Souna(s). 9% b 60% 61% | §1,172,203, compared with $863,838 for | Greek 78....... 5% 95 68 offered at par. An entirely tax- The market for the oil shares wasj 37 70 s 9 9 9 | HudMan(2%). n-AmWaB(2) 30% the same period last year, an increase | Hungary 7%48... Del & Hud 1 93% 93% 93%|exempt municipal bond on a 6 per ot helped by the latest developments | J0% FI0E B 48 47% 47% | Hudson Mo(3%) il 3 1 of $308,365, or 35.70 per cent. Del & Hud cv 68 35. 14 120% 119% 119% | cent basis is a rarity in the industry. Tnedralmerc sfil'm::: Mmoufl;fl o 47% 49;1;:: ;gt i Hup Mot (1.40), s::fig:gfm; 2§," 2 Convention Notices Sent Out. 91% 91% 1 99% glg:« gg;; polesilar o N, 3 tial increase reported in Califortid| ,pmoyrop gy 4 Mlinots Cen (7). Pa 4 3 . . 101% 101% - . crute " produetion during the week | Rimour of (B ma ‘it iw ‘| MICenTedll (4. 308 Feericon Mot 38 208 250 | (ora ok the District Dumbess' Agotiar | Jersans UM Gsd7. 6 108 106 108 | Erlelatec: sws sis| Waghington Stock Exchange St e v % 85% B85% ndep O (1)... 28% 28 3 Penick&Ford(1) 2214 tion today calling attention to the an- iy s general downward revision of 310 toht | Arnold ConaCo. S5 2o oowe | Indian Mot (1%6) 14 % | Pa Dix1eCt(3.20) 36% 364 o o ention at Hot. Springs, Va., | Marsetile gs. %ou - gusy| B OCuY £ Ase B B | it s i e g0e tnent crude BTl e such stocks | Art Metal (t1%) 23% 23y 23y | Indian Mot pf(7) £a Dix Ct pf (7) 99% June 9 to 12, asking all members of | Mexico 4s 04 asntd. 4 274 2Th co D. e T i a2 g as General Asphalt, Pan American ::::"Dor:ggl;m 42% 424 41% 423 | [ndian Refining. Esana i) oo > the organization, as well as the di- | Mexico 4s 10 asntd. 240 24% 01 991 991 99w | 1o Naehivston Gas s '35 “B"—$500 at o -CStandard of California and Phil-| Atchison nus)" llg‘;m 1‘&?‘ llosg 11:’;,;, tRalaany (x’ri”-. h 9 nn-Seab Steel. 7 1 A :}e‘cto‘;stot med loc:\‘l bgnl:i, to S mtnht:;,l.d:;-": i :%% {%% 8 108 10T :ggx Polomac Electric pfd.—4 at 108%. 1 Petroleum. v ; - = e dates an attens e sessions. 5 115% 115% APTER CALL D eotort of Marland Oil for the m::as:;. 5. Isew 187 186 187 {:".l:_"h:gfla.(% Rlonae 25 Banks are urged to name their rep- 96% _96% 14 94%° 9% 94%| Washington Gas 6s—$100 at 1031 vear 1926, while it was considered sat- | {12000 Refine, 1144 1174 114 116 |70 A B a(18).. resentatives now. These notices will 100% 100% 2 103t 103% 103% | C. & P. Telephone 5s—3$3.000 at 100% . Jefactory, aid not come up to the most [ 4108 © f Df (7) 116% 116% 116% 116% mfl"'“ '}\“ 1“" e be in the hands of bankers much 102% 102% 1 109% 109% 109% | ,, Washinicton Gas Lishi—320"at 71%."'20 sanguino expoctations. ~ Marland Jost | A ERUEE () 00, 88 08 88 | AT 62t 6n Ehilip Moreibo.. 37 carier than last year {0 prevent any 1ot 1004 B ] I e : & 4 1 o 24% s National Bank— 3 more than & POl BT Phowever, | AustinNiepf(1) 53 &3 53 53 | IntBusMa (d). : Eniliipe-fop (4). 2 | e agac® With the IeSUIAr VA" | oo ent Devdeb és. T o7 | Oreen B AW AbE. b e 80" 8o | oGavial dractiow Co—80 ab 107%. 20 at was the outstanding fen_ture so far as z::ml. (7).. 186% 186% 1821 183% | Int Com Eng. @) 57% B4% B5% | Phillips Pet 3. 6% The Ms'u;ch bulletin of the !oca] asso- l;tri»-ty-lflefl 8: . Hud & Man ref §s.. 32 99 %..a‘:,‘li.lf.‘.;;‘.z.—..“é’.‘:?.,,'.'..“"’“-_m “- the price movement was concerned. 0 pf (1) 120 120 120 120 | Int Harv (46)... 157% 158 1564 157% | Phoentx pf (7) ciation will be out tomorrow and this | Paris-Ly Med Hud & Man a3 5 : 88 1310 3 et 210: 2 S~ Glowing estimates of Iwhathllel n;:flead a;&:::’(‘l};.. 151;:: 1;1% 111% 111% | IntMteh pf(3. 624 621 624 - & . 1! exlmedktu c«;matlr: adup::ial appeal l;lrla_'ogz‘u-nl ‘:; Gabisal Traction Se—81.500 at 1017 ny during the coming . 6% 56! n 0 a nkers to atten e conven- | Peru ington Gas 5s—$1. . §.‘L;,"‘,';.§;’"‘ D eponsible for the | Bang & Ar pf() 1074 107% 107 107 | Lt Mer Marine bt R = tion. Poland 11 102% 102% 102%| Money—Call loans, 5 and 6 ver cent. Epectacular upturn tecently. But to rmadallad). 3w 34 am s 3 e 4 . e Capital Traction Goes Higher. | PolandBs...... 1o 1ot | OO N e ox Bid and Ask day heavy prof ng mas 1% Int Rap! n " ices. felt, ‘carrying the price down more|Bayuk Cigars... 55 G5 55 = 55 Tot baper of (77, 0% 100 56% 100" | Bitts Coal bF. Trastion sesred & new high on_the | Queensiand 7s 112% 1125 | Tt Ray Tr £ 8tpd. 118 7 o ed ?" than 5 points when it changed hands BBvu _N-n&'p‘f'("). 1:.:4’44 123% 103% 103% | Int Tel & Tel (8) 127% 127% 126% 126% | Pitts Term Coal. 3 Washington Stock Exchange today | Rhinelbe Un 7s. 119% 119% 13 BONDS. below 114. . / B:'“’“m Bhos th) 2“‘: 2;’;: 25;';: 25}:: Intertype (11%) 23 23 23 23 | Pitts& W Va(6) when it touched 107% on a 70-share 104% 104% PUBLIC UTILITY. 3 5":' ""‘""sm‘ 5"“‘“““:' i Bethlehom Stesl 494 49% 49 49 ;;;’:.2';;-‘4,,-)- 59 59 sew sy | PO (Becos N torian ilsctita:: DEGIE. ot at 100 108 | 1 95% | Amer. Tel. & Teixa. 4s. United States resi e Df(7).. 106 106 106 106 u (7) 119% 120 119% 120 | prsp) Car pf (1) 1081, 40 shares of Washington Gas | Sa0 Paulo 831936.. 104% 105 02 | AnE g, faies £% Ing. possibly because of the disposi- { Bloomingdale... 37% 37% 387% 37% |JordanMotor.., 16% 16% 164 16% | prog & Wefiners. b Light changed hands at 711, 10 shares | Saxon (PW) 7 103 | KansasCity 8 A tion to do nothing until more definite | Bon AmiCl A(4) B4 54 53% 54 | KanCitySouth. 47 Producers&R pf of Riggs Bank brought 466 and 13 | Selne7s42.. e {rllx:.cfi}:'?g:nsonr‘:temn:a?ge“:A;gletlnn.fl Boov.:’nc-r‘i::lgl.'.‘ 2& 22% ‘,fi‘,’,";-‘ 1"- Pub Serv NJ (2) 3 shares of Federal-American came out E:' g:on ‘u Hi &E elly-Soring... P at 319. @ Shore 4s 31. > 9 stock. 1t was selling above 157 most | Briggs Mfg (3). 33% 33% Kelly-Spring 15t b SEAG Cesy In ihe bond division the market Y Louis& Nashuni & 1 96w o6 Cib'E Subuctan of the session, where it was up frac- | Bkin-Edison (8) 151 Kelly-Spring pf. Puliman Co (8) opened with a $1,000 sale Chestnut 103% 103% | Louis & Nash 5%: 2108 107% 108 “"-’a':."""é'l.?‘? 1st ‘3s. tionally from the Saturday final. The ::::-.mr (0'). 69 Kennecott C (5). Punta Aleg Sug. Farms Dairy 6%s at 103%. Wash- 113% 113% | Louis & Nash 7s. 1 104% 104% 104% | Potomac Elec. 1st Gecline in Crucible Steel was comparar | Brunswick BG3) 32 32% 324 32 | KeystoneTAR. % 3 Pure Ol (2). .. 3 32 | ington Gas 6s, series B, sold at 104%; | Toho Blec Pow 7s.. 4 99% 99% 99% | parket St 7s 4 96% 96% | botomac tively small, taking mn(mn‘: sl s mc:) % 10% 10 Kinney pf (8)... Purity Bak A(3) 1 Chesapeake & Potomac Teléphone s | Utd Kingm 5183 104% 104% 5 99 99 99 | Wah als the extent of the recent upturn. och&P( Kraft Ch (11%) Purity Bak B(2) sold at 1003 and 1003, while Capital | UtdSteamCopen 6 92% 9% 97% 2 19% 19% 19% Wfi Alex & Mt Ve publiz Iron ;:;l sltlgel lost -tl::iton’- la!:;lnmo(fl(:).. fi'; :01 107 | Kresge S8(1.20) Radio Corp'of A Traction 5s appeared on the board at | Uruguav 8s.... 9 108% 108% SM 9 101% 100% 101% | Wash, Bait & Annav. Ss. points, and hlehem was 12 Kresge SS pf(7). 1:? 1};‘, R“wc;"fl*)- 101%. Yokohama 6swi.. 42 95% 96 13 87 87 87 | Wash, Gas s series A~ ally lower, Burroughs (3).. 3 Kres: United States Rubber was offered | Bush Terminal SH I Rand Min(aL.§7) Essay Contest Plans Announced. MISCELLANEOUS. 46 100% 1001 1005 | ek G O s B, Y% 4 at lower prices, but more attention | Butte Cop (50c 4 4 4 | LagoOli&Tran, 2 20% 21 | Reading (15)... Rules governing the $50 prize essay | Ajax Rubber 8s... 1 106% 106% 106% Wash. Rwy. & Elec. gen. was paid to the improved condition | Butterick (m2) lb::nhcnco (5). % 69% 69% | Reading 1st(2).. contest offered by Roy L. Neuhauser A:n AgriChem 7%s 1 104% 104% 104% | %.‘, x;g‘\: lzf,“ 100% MISCELLANEOUS of the rubber market than to the dis- | Byer&Co...... b55% B64 554 LesTire& Rub. _ 81 8% 8% | Real Silk Hos(4) to all members of the banking insti- | Am Repub deb 6; 4 99% 99% 99% 13 1075 107% 107% | Barber & Ross 6% 9! closures in the annual report. The | Byer & Copf(7). 106% 4106% 106% high Vali3%) 116; 116% 116% | Remington T(5) tute were malled today to the chap- | Am Smit& R 1st 6s 19 101% 101 Mo Pag 68 66 B. e 1o 107 | Spestauy, Purnes oeia1” operation in International | By-Products (33 70w” 704 704 Lehn&Fink (3). 35% 35% | RemgnType cfs. ter's membership. The donor was | Am Smit & R 2 108% 108% 108% | M1° . ¢ Paver Co. | Lig & Myrs(f14) 93 91% 92% | Remingtn 1st(7) president of Washington Chapter for | Am Sugar ref 19 1o Toare | NassauERy4ss7. 3 61 61 61 | Bot soi Stock ;4 100% 1004 1008 b R Wi an = ¢ Am Bank N (2). 74 4T 4T side most ®f the tine predominated Am Bk Not pf(3) 57’V: 58% 0 BR—on caBuSumSamamnm Peoples Drug Stoves, Inc., reports ~malaende © o =23 12 - @ - aexeand peIaNea® e =1 3 3 BEEEELE5E S2S2EERE R 2 Za o £ oy IR & FEF 3 b - Combustion was suspended, at least | og)y, temporarily, and profit taking carried e-u: p.m;mf:;" m ggfi ggt Lig & My B(ft4) Remingtn 24 (8) two terms. The subject is: “Why S5 103 109 | N Crtimase 1 B the price off sharply at intervals.|Callahan Zne... 2 2= 2 2 Lima Loco (4).. 17 Replogie Steel. . Corporations, Organizations and As- 13 103% 103% | NYCrfima%s13 8 99% 99 ‘park Covering orders came into the market | Cajumet&H(13%) 16% 15w 15 Liq Carb (3.60). Rep Ir & St1 (4). sociations Operating in the United 2 101% 101% | N Y Centrt 5 106 106 for Continental Baklmlgucun .‘&m}ok Can Dry (02%). 41% 4l 41% m;v Ino (2).. fi:n _I‘_:': vg(:: f!!!atels S‘f‘mulhdx Maintain Headquar- 3 105% 105% s lg :853 {gg:: lgg% Jowing last week's selling, resulting . sesepen 4 e B(S). ers in Washington.” 98! NYChi&St! sB. 5! 105% in a recovery of almost 3 points. g:.’%:“.&é{"(’c‘ llg‘llq: :g‘l: 1233 L‘"“ Pane 'y 43 Royl D(al.33%). 3 It will be difficult for the con- | Anaconda 1st 8s. 132% % | NYCaSLLEsA.. 13 1034 103% 1084 The equipments were taking their | Cage Thr pf (7). 113 113 113 oose-Wiles ( Safety Cable (4) testants to show why corporations | Anaconda cv db 7 108% 108% Lorrilld b8% stk 20% | G2 Toaaph L(18) like the United States Steel Corpora- Ana.n;g'u rots. . 107% 108 40 107 107 107% o from action of Baldwin, which | Cancrar Anoy(3) 29% 36 s i Was prossed for male most of the ses: [ ConlTeaner o) 6" on o A StL & SanFr(18) tion should have offices here, but it | Armour®&Co 4%s rf 91% 92 21 56% 56% 56% | Nevthe i v oon® Stoanitont sion. General Railway Signal and |Con: eatherctti 9% % 9% 9% | CoLisGasA(L18) % 25% | StL Southwest. will be much easier to give con- | Armour De) 5% 95% 94% 95 1 8l% 81% 81% | Folomag Eiec pid : Filiman ers prominent o the sl | S50t Lotorets’ ot oi” o1 ot | Eonns et StLswn or 6. oo R e s Rate: | soesOeRURTR .. | SIS $ 5 B SRS L 3 es aml tater hardened. it o McCrory (1.60). o g of Commerce find this city especially | Barnsdall s o 105 104% 100% L 12 92 91% 1% NATIONAL BANK. — i e—— Certaln-Teed(4) 46% 46% d6% MeCroryB(11.60) Seaboard Alr Lip advantageous as _ their ~permanent | Poll 7o) £ 858 103w fogw Y i | e D E8 Certain-T 1st(7) '110% 110% 110% McCrory pt (6). Seab Alr L pf... home. The essays must be submitted | Be!l Tel Fa 6sC 99 5 104 104 WHEAT IN REACTION |ctenacieve.... ou " ou s Maleee oy Seagrave(e1.30) to T. Hunton Leith, Security and | BS0) ey T o - Chandier 2 29 acl 8 ( 103% 104% (n2 . » by arc] 1 af o iy, 156" 156 158% 156 | Magma Cop (3) 36" 30" |sentom Copper,. the latest, ' They ‘are not to exceed | Do 3iec) 2 03" 109 1 Son o oom FI. Ches & Oblo (8). 156 156% 155% ! i A ER EARLY cl.l“ el rpdii ) e T 1% L | snasoa O e WO{d& Brier H St 1st 5%: lloflg‘vfi llgz'!: : [m 1:?‘;/: 1”03;‘“ oiit 04 Chi&Altonpf.. 9% 9% 9 Man EI Sup (5). Shell Un (1.40) Semi-Annual Dividend Paid. Bush T Bldg 68 60. Ri r 195 Chi& Bast 1l pf. 4T 4T 47 Man Bl g (d5) Shubert The (5). 60 60% | The Security Finance Corporation, | Chile Copper s 32 1107 1o o by e Iae | Wik ot Wadiiian 240 2 % Pri Cai Chi Great West., 156% 15%' 14% an Shirt (1%). - Simmons (2)... in the Investment Building, has just | Sommonwith P 104% 104% 12 106% 106% 106% Higher Liverpool Prices Cause | ChiGr West ot Market St prior. Simmons of (1). distributed _checks to its stockholders 76 77 25 87 86W 81 | American Security & Trust.. . 57 i Chi MIISEP. Marland Ofl (4). Simms Pet(1%). 0% Covering the third semi-annual divi: 105% 105% T 3% 43w 43 | Comtrentartr & T 5 Opcning Rise, But Advance | Cni Mil&StP pf. Marin Rock 123 3! Sinclair Ofl..... : dend on the preferred stock at the 102% 102% | Philippine Ry 48’37 2% 4oy | Werchants' Bank....... . J C M&StP cfs. Martin-Pary(2). 22% Sinclair pf (8).. rate of 8 per cent per annum, Vice | Cuba Canecv 7s 98% 98% S 6 8 e Meets Increased Selling. C M&SP pf Mathieson (4).. 90 0 d PCC&StL 63 B 76.. 6 108i 108% 108% | Union Trust g tP pf cf May Dept S (4). 70 Skelly Ofl 12)... President James B. Evans announces. | Cuba Canecv 8s. 100% 100% | Port RL & P6s42. 1 94% 94% 94y | Wash. g:::::: (p:('.” 13_2, e m; Dp?lflnffli “5‘; gzms&-:él.)- : 5 sielalm:humteu n;at business so far | Denver Gas §s. 98 98 | PortRL&P6s47. 7 101 101% 101% SAVINGS BANK. . r 2 LaP i, Dy the Associated Press. g:: l;::k’l‘xl ;:) lfigu xggv. 128% ::il':.lfi:::d%) zgzfi_ - 2 2 e | Sou Calif £4 (2) Cellent. S g b ‘?.:EEJ' ‘:;nl“" ‘33‘2 lg;': Sty Gepris 111 “;;:: xg;/: l:;‘; m‘:fir‘u"& Savi § il 5). Y Y% 80% . Sou Dairles A(4) i ‘ashington CHICAGO, March 7.—Influenced by | ' 'a'p pr (8), o7 97u 97 o7 | MiamiCop D).\ 16% Sou Dairies B... Bank President Back Home. e s o 10 91% 9% 91% | Jecurty Savings & Coki. Liverpool quotations higher than due|G R & P pt (7). 106% 106% 106% 106% | Mid-Continent.. 35% South Pac (8) ... President Robert V. Fleming of the Rio G West ol 5 8% 84% and by a decided falling off in world | Childs (£2.40)... 50% 50% 50% 50% | Middie States... 2% Southern Ry (1) Riggs National Bank has returned | Past Cuba Sug 7%s 106 108% | St L IM&S 4s29... shipments, wheat scored an early ad-| ChileCop (2%). 36% 86% 35% 36 |MidStatesOilct 1% 1% 1% from a two-week vacation and is back | Empire Fuel 614s. 103 103% | St L1M&S gn 5531 14 100% 100% 100% Vance here today. The advance, how- | Cnristie B (1.20) 393 39% 391 391 | Midland pf(t12) 1164 116% 117% at his desk. He passed two days in oav? 107% 107% 39 85% 85% 85% | American ever, led to increased selling and to | Chrysler£orp(3) 42% 42% 42 42 |Minn&Stlouls 2% 2% 2% 2% | Spicer pf (8).... 1 New York, sailed from there to Ha- 115% 115% 8 100% 99% 100 | Corcoran someéthing of a reaction. Opening at % | Chrysier pfA(8) 105 105- 105 105 |Minn&StLot.. 24 2% 2% | Std Gas & El g8. vana and after a few days in Cuba 106% 106% % 410215 1025 102% | REEEERS o HE to 7 up. wheat later lost much of the | Cluett Peab (5). 65% 65% 64 64% | Mo Kan & Tex.. 39 37% 37T% | Sta Mill (5. 4 spent the remainde £ th 110% 110% 16 100 99k 99 i o oS (e frendt 101% 101% 39 9T% 9T 9T TITLE gain. Corn and oats were easy and|Cluet Pea pf (7). 116% 116% 116% 116% | MoK & T pf (6) 100% 100% 100% | Std Millg pf (6) Florida. is i provisions firm, with corn starting un-| Coca-Cola(17%) 181% 182% 181% 182% | Missour! Pacific 49 Std01ICal(12%) AT A AR 102% 102l 4 8 8T 874 87T golumbia Title Pramsed to % Higher and subsequently | Getns & Afk(s) Si 85" 81 b5 | Missouri Pacpf. usts el T A ¢ TREASUR {ilinols Bell 1st 103% 103% L4%s 6L 94 93% 91 |Title nv. of M eom. e % holow Saturday's finish, ~ | Gol Fuel & Iron, 59% 5% 08% Ga% | Montana Pow(s) 874 e NI o) 3 Y CERTIFICATES. Int Mer Marine 6s 98% 98% 1106 10 5 With world shipments of wheat for | Col Gas & E) (5) 85% 85% B4% 854 | Mont Pow pf (7) 121 eSOl NY/1.60) ¢ ’ (Repatea o). B Sollriks & Goy Int Paper 53 47.... 2 9N 97H 897 the week announced as 2,300,000 bush- | Gol G&E pf A(6) 101% 101% JO1 = 1013 | Montgmry W(4) 64 St Plate Glass pt SRR S oou- It Fapet 4 A0Ls 1084 els less than for the previous week, | Col Carbon (4).. 80 80 ’80 80 | Moon Motor.... 9% SterlingPro(16). fate—Maturits N . It T & T 6%s, 109% 1093 Europe was reported today as con-|Com Credit (1).. 19% 19% 19% | Mothr Lode (750 44 Stewart War (6) 37;. ane 15! 100183 jgowsa | KanCPELSS A B2, 108% 103% tinuing to buy moderate quantities of | Com Cr pt (1%). 22 22 22 | Motor Whi(2).. 224 22 22% | Strombg Car (2) 335 Dovt 15, 3037.. 100 oy 0e 10 104% 104% United States red winter. Besides, lib- | Com Cr pf B (2). 22% 22% 223 | Mullins B pf (8). 80% 80% 80% | Srugebaker (6) 434 Dec 15 1937, 1002832 101 103% 104 4 ton Monots: eral clearances for the week wers ro-| Com [nv (180).. 611 Blis Blis Bl | Murray Coron.. 34k 33% 53y h Wabash B(5)... 90 90 90 90 | Lacledei e e 4 | Merchants Tran & sior. pid: ported from North America as a whole, | Com Solv B (8).. 269 269 264 265% | u.v moror (4). 66% 66% G664 66% Walworth (1.20) 21% 21% 21% 21% | (5ectt & MYC a8 190w 1008 i1 et b oy B 98 98 7,159,000 bushels. Congoleum N 19% 19% 19% 19% Tenn Copper (1) ward Baking B. b Ability of foreigners to absorb wheat : SR D 195 100% | Texas Corpn (3). 503 Bakof 1) 0 534 ooy | Loriliard (P) e 7 25 1087k 1067 1084 | SoSHY Sibpen T shipments from the Southern hemi- C‘OHIF'III ($).. 53% 53% 534 53% N' Cash l? A)3 40 o Tex Gulf Sul (4) Warner PicA... 1 394 Loulsv G & B 58 62. % 100, 100% 7 113% 113% 113% gnglngon Markef Sphere and yet to purchase more from | Con Clgars (1).. 813 81% 81y 817 | Nat Cash HiA)8 40 40 | Tex & Pacific Warren Bros(4). -t Manat Sug sf 1%8 4 105% 105% o & fu, Som., North America, was construed here as | Con Cigars pf(7) 100 100 100 ~ 100 | NatCloak & Suit % 34 | Tex PC&O(60C Mid-Con A 3s 40 106 105 | TexArk F'S 6%s 0. 4% o ’ Weber (4)...... 5814 indicating firmness in the world wheat | Consol Distribut 1% 1% 1% 1% Nat Cloak pf (7) 90 | Tex f,and Trst o Midvale Steel 6s. 98% 98% | Texas & Pacific 1st situation. In this connection it was | Consol Gas (6) 9874 98y | Nat Dalry (3)... 4 % T7% | The Falr (2.40) g;::: EEII :,:‘!,: ¥ :3;% Montana, Pow 68, 101% 101% | Third Ave rof 48 G| SHORT-TELM SECURITIES. pointed out that Winnipeg wheat | Cons Gasrts. 3% | Nat Dpt swra1 25 | Thira Avenue o i T Nat Tube 1t 58 Third Ave adj 58. pird : 3 prices have advanced nearly 6 cents|ConsGaspfrts.. 1 | Nat DSt 1s1(7) L 91, | Thompson(3.60) Waat B Pot) 0 e Telis e e Revoried by 3. & W. Selieman & C0.) 2 bushel in the last week, whereas|ConRRCuba pf6 73 Ly | e Distlins. o 4% 28% 24 | 7yde Water(l%) Pl el Oulon Pac 18 5% —-Noon No. 2 hard Winter wheat at the Gulf | Consol Textile. . “ a5 | Nat Enamel & 8- St 2618 26% | Tide W oIl pf(5) .. 53" | Atam, o of Awer. 7 1033 1 of Mexico is being sold abroad 15| Cont Bakg A (8) 62% | Nat Enam of (1) 82 2% 82% | Dimk Roll B(15) waig | oLERC, oot | Al Tel & ol Co. 4a 1030 conts a bushel cheaper than No. 2|Cont Baking B.. Nat Lead (8)..... 179 179" | Toban brod 1. 106 Pacpt (1), 110014 1091 10018 | American ot - o northern Manitoba. Cont Bak ‘pbf’(l). fi:{';g',‘.;‘.',‘{‘,".;’ 20% 20% 20% | op Prod A (1), ML TR o oI o . . o 2 ‘ Transcont O1l © Cont Insur (8 b Nat Supply (4). - o Westhse 1st ( Gl s O Nl 2?‘4’% Trw.l.r'n'gl.u.ls; ‘v”v. ':: Am(.;) S Nor States Pow NEW YORK, March 7 UP.—B. R.|CornProd 112%" 8 N D aie B Wheel & L B Df. Pac Gas & E1 6 Pollock, for 14 years general manager [ Coty Ino (83... €8 e L Un Bag & Paper 5! | of the Boston & Maine Railroad and a | CrownWP1stpf? - 90% 4 139% 140% | Onion c:" X White Mot (4)... Vice president sinco 1920, has resigned | ;ructble SigeliS: I3 : NY Chi&StL(11) 190% ol WD White Sew M(4) and will retire from active service.| . . compy3) 3% 31% NYCASL pf(6) 1025 1024 1024 | Unton Tank (). - Wickwire etfs. . : pancAmer PetoTa! e has been associated with New Eng- | C 8 f . 87 ¢ Willys-Overiand Suban Am S (1). NY Dock...... Utd Cigar S(c2). dfh s e Phila Goof 68 A Jand railroads for 47 years. His rail- - . : i : *| Andahv Ple (43 > | NY Dock pf (5). 3% 74% | Utd Drug (8)... 16 5 | e La T bl Navigacion Co. | Cushman of (8). 1084 1084 NY NH&Hart. .. 24 50% Utanrg 1sti3% WVilson & ColA ). » Enila & RaC I 68 : rpt iy | Cuyamel Froit.. 321 324 2" |NYOnt& WD) 28% 28% 28 Utd Frult(16%) Wilsnéco piid) ; {rateld e e AR o 29 29 Norfolk South.. 44% 4 43% 43% | U S 1ystributing i I Woolworth (6).. 1. X % 124 | Publlc Service s ER. Dakimonicumts - o Norf & W (8)... 165 165 18C 1 PRF(10) Worthp Pump . 8 26 % | P Serv (Gas5%s69. Geih Hud i9)... RTB 1106 % | Norf & W pt (4) 85 85 U'S Hoff (13%) Worth Pump(B) : P Serv Gas §%s 64. Wholesle elatghtering and meat|Del L&Y (11).. 13514 T NthAm b10% sth - 47% > R Welght Aere (1) 32% 3% 30% 30% | Remingtn Arms 8s. 64 oH [ ., RS "ol acking plants were reported by the|D RG Wstpf... bt 54t 4 4 ley (18%).. 52% jon. nound. ; 3 Commerco Department today to have| Dodze BrosCIA 24% 24% 24 Aty tn s et Truon e 264 108w 109 Gotlai: :1::°1:00°° ¥ had a total output in 1925 valued at | Dodge pf (7)... 83% 83% North Pac (5) 86 i % | el T DT 9Th 3,05 2 an increase of 18 per|Dome Mines (2) 8% 8% 5 &Co Norwalk Tire 5 5 Youngstn S&T5 90 "ihe preceding census| Doug Pect(t2%) 5% 58% 55 55 | NorRRNTTESe G5, - ! . “Every the department | Dupont (8)..... 191% 193% st Hourly Sales bn N. Y. Market. S Fletinete | “shows an_increase In value as|Du Pont deb (8) 108 108 QU Well-Sup (3) 3% 3¢ Lem 521700 wsa.. 82000 | 3o Pipe Ling 6a.. rompared with 1923, but decreases in| Duquesne of (7) 114% 114% 114% Omnibus. . 12 1 p.m. 1.062.500 ¥ p.m. 1.266,700 quantities appear for fresh and cured| gagrman (+8).. 1321 1323 132 8?",?:?""?%'"'.,‘,’,‘ 332 Ay H.flv’.'r'.'.'n"éul'.’.'. Dividend rates as civen in the sbove table 102 N pork and for lard. For nearly every|gagyman pt (7). 121 121 121 Otta Blavator (6 1074 1074 107~ 107 | Univ Ploe (7). % {';':’E,‘,"'.,..';',',,,., ash i Vearly declaration 90% 99% 99% (Quoted by Alex. Brown & Sons. Cloging.) product the rate of incease in price|gaion Axle (2). 25 254 26% Otis Klev of (6). 109% 109% 109% 109% | Ut PRLL A (62) 2 fean oihorwise foted extra o & divi- : ) 3 : ¥ &m s R 03 i o o PnwpReaNed - =3 ~ORORBRe WeanwIaN S SoZRxE, v L3 R Sl 2253, 2 (oo st6s. 97 104 103% 104 3 99 98% 96% 105% 105% 2 103% 1084 1033 | G0 100, 16p 8102 102 102 | Ghiis 10vs 160, | Wabash s3s5:... 73 104% 104% 104% 1017 10 | west Marylana 4s. 28 80 79% 9% st Shore 4s 864 105% 1054 | (heet @ L Bon 4s. 8 88 87 1 1030 1003 | Wisconsin Cent 4s. 4 824 B2% Lot 1013 o i }gf% FOREIGN EXCHANGE. 104% 104% | (Quotations furnished by W. B. Hibbs & Co.) 105% 1054 Nominal Selling checks | £U¢ lue. jay. s:‘m.-hl M TSGR SREERR o) & 3 e SREESSESEREEaR ey 55522 RBuwSuniiicn aforonumannse SRS Ittt it bt it " [T 3SSEEEIEEEIE B FRIRLRFEE GRS RS, NS Ereater thas that o GRSRLEY. oF | g aumsiditin). T8 99 | 26 Orls Steel 8 9 8 8% | Vanadium (3).. AT ST rading. less than 100 shares 18 4% 'a) an increase in price was accom- | iieerric Boat 14 15 1t el i o ‘Lt 17 4 Otis Sti pr Y T0% T0% T0% 70% | Viek Chemical, s + Partly extra t Plu o ¥ RAI SP&LDL40%(7) 106 106 1 Pio Gas&E) new 32'% 32'% 32% 324 bTen ver ceat in common stocl nfih .~ Bl pe )fiIE“rIPlE ngE{ i Bleo Refrig (2). 33% 33% 334k r:e{ma::;»:ai 12:% 12:% 12:‘. Fts 4 i&*wfif}"‘ffiefi{'?fi ‘;m'n stock, NEW YORK, March 7 (#).—Prairie | Jlec Sto Bat(+6) 69 c Tel & Te 124 ‘ s 5 Wiy, S S arned §17.83 a share on its | Ungineers PubS 23 Pac Tel&Telrts. 9% 9% 9 94 har in sock & Jus 81 3 share In :%Ml.. i lm&' n 1926 with net income | erte R R......0 45% t-nknn! (12.90), 84% B4% B4% 84% .k Pavable 1/40 of & at 88. 102 10M% 102 of $14.446.78 ast $18.80 A share 1St Of o aes BTW aige Motor. 10 104 10 ;. 10% 3 InpClase A stock, 1% in 1925 ana net Income of $15.228.607, Erte StmS(2%). 26% " Pan-Am (6), 62 62 60 ' 60%