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Evening star. [volume] (Washington, D.C.) 1854-1972, April 02, 1924, Image 24

Image and text provided by Library of Congress, Washington, DC

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045462/1924-04-02/ed-1/seq-24/

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24
FRESH BUYING ND -
10 RIM NIARKET
Short Interests Declared to
Have Overextended
Operations.
11% STI U(T I*. \\ EM'.
Special Kir patch to The Star
NEW YORK. April 2. Furl ti. r evi- •
ujnie win? afforded in the stock mar
kel today that tho short Interest i
is the result of recent operations j
had heeomt overextended. Sonic '
fresh buying i amr< in here and there |
■nd pool activities were noted in a |
moderate way in various specialties. |
I!lit the main impulse was derived I
from short covering', and it was i
stocks like the steels, tin- equipments, j
the motors. American fan and United \
States Industrial Alcohol the late '
bear favorites— whi« ii v. <re most j
prominent in (ht upward mov> in- nt j
Issue I.eft to Hi rer (or-.
Tlie vi- ehairman of the General |
Electric was quoted as denying any |
intention to split up the stock. »n !
the subject of an e\lra cash or stock !
dividend he said that he knew of j
nothing that would lie paid out this |
year. but. he added. ""Directors may
change that." Tlu* market stressed]
ihc latter part of tin statement and j
General Kleetrie was led u;> very j
■’ harply
Active buying of the Krie issues ’
followed the publication of the an- ’
final report, although Ibis fell con
siderably short of preliminary esti
mates. After all interest ami sink- |
ing fund appropriations, the surplus
available for dividends was equal,
after the full I per ct n! on t>.qh '
classes of preferred, to 1% per cent j
on the common, t'alculalions based
upon the monthly reports had put Un
available surplus as high as 7 per
cent. It was explained that the dis- ,
■r- nee was due to charging up j
! gainst non-op- rating: income certain ■
terns claimed under tic war guai
.ute-. which vvi-p disallowed finally ,
by tie Inte-rstati <'ornn,,-re. I'.immiS- '
l-Valurr of Hail Seellou.
St. Paul preferr.-d above was lh<-
feature of th- railway section. The
vay things are now the road is'doing ■
little nior than covering tl x •-« I
charge-. It is laimo-i that mainte
nance appropriations could at any time
lie so reduced that a respectable
•bowing could be made for tin pre
ferred shares. This is the basis of
the recent buying movetio nt.
<in tin- other hand, with tin- t per
cent bonds dm ,lun> I. 1925. selling on
almost a l-’> per cent basis, any idea
of dividends is Tidi> ulous. arid many
people tind it uifilrii't to s<-. w hat
-here is attractive about a non-divi
dend paying stock around 39, when
there rr-' plenty of good dividend
payers selling below that ligun .
Reynolds Tobacco I! at 66 was u]>
if- r t points from early Tuesday, and
Vnicrit an Tobacco was up » points
from last week's low. The tipping
agency which advised its elients to
S--1I these stor ks, letting them out at
bottom figures, has scored another
brilliant atMovement.
PRICES FORGE AHEAD.
Many Industrials Reach Higher
Ground in Today's Trading.
By the Associated Pres*
NEW YORK. April 7. Slock prices I
continued to forge ahead at thr- open- j
:ng of today's market. A wide variety j
of industrial shares participated in the i
advance, although changes for the most ]
part were fractional. Nash Motors, with j
a gain of 3% points, led the motor |
group into higher ground. Oil, copper ■
and chemical issues were in good de- i
ma nd j
The market's brighter ton- wits fur- !
ther enhaneed in th< early dealings!
by brisk buying of a number of indus- !
trial leaders, which carried Genera! |
Electric. Baldwin and Htudebaker up 1 j
to 2 points. < ’upper shares were bene- j
filed by reports that Germany was pre- j
paring to enter the market for larg
quantities of red metal. Demand for]
low and medium priced railroad issues -I
widened, carrying St. Paul preferred up !
•s to a new high for the year, at 30. and j
bringing about substantial advances in j
all the Erie issues, Atlantic Coast lane!
and Missouri Pacific preferred. Gulf I
States Steel. Houston Gil and t'nited j
States Industrial Alcohol moved up more 1
than a point.
Foreign exchanges opened higher,
short Covering Gains in \ olume.
Short covering gained in volume j
as the recovery progressed and nu- •
merous issues which irad been sub- j
jected to heavy selling pressure in j
recent sessions quickly rebounded, i
American \grieultural tT- mical pre- I
ferrt-d. Virginia-t'arolina irreferred, j
\merican Internationa). Internation- j
I I’iip* r. otis Elevator and Aineri- I
.■an Smelting scored advances of from •
' to .'! points. American Can moved I
up more than a point into new high j
territory tor the movement and Gen-(
ral Electric extended its early gain f
to more than .1 points. American To- j
bacco B. with a 3%-point rally, led >
■he tobacco shares into higher!
ground. Erie preferred vied with j
St. Paul for leadership of the rails I
with a jump of 2 points and a j
6-point advance in Fisher Body <n- j
iivened trading in the motor section,
■'all money opened at i'i- per cent.
Prices having demonstrated their j
ability to ris.-. testifying to the ap- I
parent liquidated condition of the j
list and the timidity of the hear sac- 1
tion. buying became more confident (
as iht session progressed. Virtually!
ail divisions of the list showed con- |
-adorable strength, advances of I to 4
points being made by more than four
si-ore of the leading shares by tire
early afternoon.
The dosing was strong. Popper
and zinc shares assumed the leader
s'll ip of the upward movement in the
late dealing.-, but low-priced rails
continued in good demand.
■ - - - ■ —-
A TEA NT A. April 2 (Special).—The
Southern railway last year handled!
15.310.013 passengers, according to.
figures just compiled. This was an
increase of 641.408 passengers and*
♦he average mileage advanced from
62.7 to 68.5. I
■■■
N. Y. Stock and Bond
Averages. . J
Tuesday, April I. j
STOCKS.
Total stock sales. 320.000
shares.
Twenty industrials averaged
94.19: net gain, .32.
High. 1924. 101.24: low. 93.03. j
Twenty railroads averaged
84.36; net gain. .12.
High. 1924. 83.90; low. 52.T4.
BONDS.
Total bond sales (par value), 1
38.686,000.
Ten first grade rails averaged
86.27; net loss. .09.
Ten secondary rails averaged
54.53; net gain, .10.
Ten public utilities averaged
87.46; net gain, .15.
Ten industrials averaged
93.38; net unchanged.
Combined average, 87.91; net
gain. .04. .
Combined average month ago,
87.42; year ago. 85.79.
nXA.XUAL.
I
NEW YORK STOCK EXCHANGE j
Received oy Private Wire Direct to The Star Office
Open. High. I*>w. Close. *
I Adams Exp (6).. 76 76 76 76 i
i Advßum pf (3). 83 38 33 S 3 I
Air Redact <41.. 73 75 75 75 |
I Allied Chem (4). 6»% 67% 66% 67
; Allls-Chalm (4). 42% 4844 42% 43% i
: Ain Agr! Chem. .. HE 9% 9 9%,
Am Agrf Chem pf £B% 2844 28 28 j
lAm Beet Sug (4). 4 ! 43 43 43
Am Bosch 24% 24% 24'/i 24*4 I
Am Br S& F (5) 79 79 79 79 !
! Am Can tg) 105% 106% 105% 106
; AmCan pf (71... 112% 112% 112% 112%;
AmC A P (12)... 139 159 158 158 j
Am Chain A 4 2). 22% 23 224* 25 •
Am Chicle... , 15% 15% 15 15H |
(A m Drug Srnrt 4*4 -t h 4H 4% I
! Am. & F.P.257J pd 93% 93’ .- 9314 93% '
;Am Hide* T ea... 10',- 10' 10 10 i
iAm H-r)..* f,pf.. r,7 !T% ,56% .*6% 1
rA m Inter-mtl. . . 18% 20'i IS 1 .- 20% 1
jAm T,aF !-• K (I» so", 10% JOE 19% j
|Am Linseed 15% 16 1514 16
jAm Linseed pf. . 33*; 35% 33% 35% •
; Am Eocomo (6 <. 71'% ’2'i <I n 72%
lAm Radiator (4) 103% 104 , 108% 104'- i
j Amßpf f{ 4 500'.. O'. 6% 64. 614 I
■Am Ship * Com. 12% 12% 1244 12W j
! Hr 59% 61% 59% 61
!Am Snuff r 12) ... 135 135 135 135 j
lAn Stl !-Vp • 35% 36 >5%
Amfbjßar.. 51% 52’.- 51% 52%
| Am Sugar pf < ■» 95 95 !*5 i
Am Snmat Tob. . 13% J 4% 13% 1 Ti. i
•Am T* T,l d t 12">% 126% 125*4 I'.'6 % ;
!Am Tobae 112 j.. 142% 144 112% 144
Am Tob B M 5). . 141% 14Pm 141!i 141%!
lAm TV,iter Wks. . 43*» 44% 43 43 |
|Am TV Wpr (4). 70%
i Am Woolen <7» 69 , 1 70 :, 4 69Vn 70
j Am Woo! pf (7> . 100% 1005 s 100% 100%
jAm Zinc 8 9% 8 9%
,Am Zinc pf... . 25% 29 25% 28
I Anaconda 32% 33% 32% 321*
Art Met CVn 11) . 46 16 16 16
Asso Dry G (5)._ 94% 97 94% 97
i Asso Oil 41 % i 81 31% .31 314*
i AtT&SFe (6%. 99 99% 99 i 9V»
j A TSSPpf 151. 88% )K% 88% t-8%
.At Coast E f7»... 118% 119 118% 118%
■ Atl Fruit ctfa... 1% 1% 1% 1%
lAt Gu'f &W I. .. 13 13% 13 13%
. Al On*.' * W I pf 16 16 16 16
{ Atlantic Ref (4). 115 H 5 1144. 115 1
' Austin-Nichnls 31% 21'. 2i% 21% I
J Auto Knitter... 4% 4% 4% 4% j
! Bald Loco ft. . 117 118% 116% 118% |
. !h\ & Ohio (5 ». .. 54% 51% 54% 54% j
: Bal &Oh pf (4) .. 58** .58% 5844 58% j
Baeiisdalt A 17 17% 16% 164*1
j R’ch Nut f 2.40 V . 4 744 4 744 4 7!* 174, j
' " ♦-> steel (5» .. 51 52 51 51%
; Brit Em Ist (7). 40 40 40 10 |
Hr'lt Edison <S». 110% 1104. 1 1044 11014
IBr k-Van Tran... it, 164* 16 16
Rr’k-Man Tr pf ._ 58 58% 58 5644
Burns Rr (10 >. .. 100% 101 100% 101
, knp.iirt! (p, 22% 22!* 22 l * 22% i
Butt.- C&. Zinc 4*S 5% 4% 5% 1
: Butte * Superior 15*« 16'* 15V* 16% J
. Butlerick Co 19% 194* 19% 19% !
; Caddo Ccn O& It 'i% 1% 1% 1% |
Cal Packing (Si , 83% 83% 83% 83% I
, c n l f-et (1%).. 25 35 24*i 14%!
1 Ca! Petpf (7)... 98% 98% 98% 98%;
1 Callahar. Z Eead 4% 4% 4 •» 4T» !
. Calu&Ariz (2) .. 43 43 43 43 i
Calumet & flee'.a 15% 15%- 15‘4 15% i
| Can Pacific (Ui>. 144-'< 145 144** 144**!
j Cent Leather Ca. 13*% 13*, 13*. 13*» j
Cent Lea Co pf .. 41% 42 41% 42 I
Cer de Pas C(4 ) 43 43% 42*, 43% j
j Cert-Td Ist (7)... 76% 76% 76% 76% I
I ChandMot (6)., 48% 49-% 48% 49?«
! Ches&Ohio (4V, 73% 75% 73** 75
j Ch&East 111 pf.. 44 44 44 44
i Chic Gt West 4 * 4*« 4% 4% I
) Chic Gt West pf.. 12% 12% 12% 12% i
Ch Mil &St Paul. 16% 16% 1654 16%
iCh Mil ASt P pf.. 29% 30% 29% 29** j
j Chi &Nwn (4)., 52 52 51% 51% (
! CliPncuT(s).,. 84% 84% 84% 84% !
j Chic RI & Pac.... 24% 24% 24% 24% I
JCRI&Ppf (6). 66*, 66*, 66% 66% !
j CRI&Ppf (7). 78*, 79% 78% 78% |
Chile Cop (2%). £6% 26% £6% 26%
■ Chino Copper. ... 15% 16% 15% 16%
j Coca-Cola (7)... 66% 66*, 66% 66%
Colo Fuel & Iron. 31 31% 30% 30*,
1 Col Carbon (4)... 50 50% _SO BOH
' Co! G& E (2.60). 83% £3** 83% 83% i
| Com Solv A (4) .. 52% 58% 52% 55% j
| ComSolvß (4).. 4215 43 42% 43 •
• Congoleurn (3).. 60 61 60 60'» j
! Con Cigars pf (7) . 60% 60% 60% 60% j
I Consol Gas (5).. 62 t 2% 62 62 j
; Consol Textile.. - 6 6% 6 6% j
! Cont Can (4 > . ... 47 48 47 47%'
. Pont Motors 77 6*4 7 j
j Corn Prod (!0»... 172% 173 173% 172*4 j
j Corn IT Rnw wl. 33-*i 34% 33% 24 j
, Cotden Co 34% So-% S4*» 35 I
! Cres Carpet 30 30 30 30 I
j Crucible-Stl (4).. 56% 57% 56V* 57%
! Cub Am Sug (3). 33% 34%. £3% 34
\ Cuban Cane Sug. 14% 11% 1414 14%
J Cub Cane Su pf.. 64% 65% 64% 61%
i Cub Dorn Sugar., 6% 76% 7
i Cuyamei Fr (4).. 69-, 69% 68% 68%
i Danl BooneM(3) 29% 29-% 28*4 28% i
1 Davidson Chem.. 52*, 54% 52% 53% j
i Dei & Hud (9) ... 108 1081, 10614 106%
J De! L&W (6 » IIC 116 115% 115%!
j Det Ed Co (S) . ... 104*4 104*, 104% 104*, !
! Dome Mines <2). 17% 17% 17% 17%.
Liu Ft. de N (8»... 126% 138 136% 127 1
\ Duq List pf (7) . 103 103 103 103 j
' East K (tail)... 108% 108% 108% 108% I
! Eaton Ax (2.69). 16% 17% 16% 17%!
lEi St Bat (tD?4> 57Mr 58 57% 5S j
) Elk Horn Coal.. . 13 13 13 13 i
i End-John (5). .. 60% 60') 60% 60% !
! Erie 25V* 25*, 25% 25% |
{Erie Ist pf - 33 33% 33 33*4 i
{Erie 2d pf 28 28% 28 28% j
; Famous PI (8)... 67% 67% 67 , 67 |
; F'd M& Spf (7). 43 43 43 43 j
j Fifth AvO (64c> 12% 12% 12V* 121* j
| Fisher Bdy (10). 212- 217*, 212 217%)
' Frak Rubber 7% 7% 7V4 7 1 -■
| Fl'chm'n < t3*4. >. 48% 49% 48% 49% {
j Freeport-Texaa.. 9*» 10% 9% 9% (
' Gen Asphalt 38 39% 38 39% I
i Gen Cigar pf (7) 101% 101% 101% 101% j
• Gen Elec (8) 218% 223% 218% 223 j
I Gen El spe (flOcy 10% 30% 10% 10% t
i Gen Mot (1.20)., 14% 14% -14% 14% I
! Gen Motpf (6) . . 82% 82*4 82% 82%
( Gen Mot ub (C). 82V* 82% 82% 82% j
i Gen Refr (4) 49% 49-4 49% 49*. j
Girrbel Bros 49% 61% 49% 51% I
i GOid Dust w. E.. 34% 34% 34% 54% j
| Goodrich 20% 20% 20% 20% 1
I Goodrich pf (7).. 71% 71% 71% 71%
G'dyear pr pf (S) 9i 91 89 89 j
! Cs-anby Consol. .. 14 14V4 14 14%i
!Gt North pf (5) . 56V* 66% 66V* 66% 1
Gr Nor Ore (3)... 30% 31% 30% 30% i
Gr Canan Cop. ... 14V, 1414 14% 14% I
Gulf Mo & Nor.. 13 13 13 13 j
Gulf M&N pf (4). 57 57 56% 56% !
GulfStStl (5).. 74 74% 73% 74 (
Hartman Co <4i. 37 37% 37 37% 1
Hayes Wh'l (3).. 39 40 39 40 1
Horaestake (6).. 49% 49% 49% 49% 1
Housen'd Pr (2). 32% 82% 32V4 82%!
Houston Oil 70% 71% 70% 70% i
Hud MotC (3)... 27% 27% 27% 27%
' Hupp Mot C (X). 14 14 14 14
' Hydraulic Steel.. % % % %
1 Illinois Cent (7). 102 103 102 102%
111 Cent pf (6).... 105 105 104% 104**
I Indep Oil (25c).. 8 8 8 8
j indiahoma Ref. .11 *» %
j Inland Stl (2%). 84 34 34 34
i Inland Stl pf (7) 102 102 101% 102
! Inspiration Cop. 23% 23% 23V* 23%
! Interb Rap Tr... 21% 22% 21% 21% !
) Internal Ag pf... 4*4 4% 4% 4% I
Int BusMa (8).. 90% 92 90% 92 !
‘ Int Cement (4).. 41% 41% 41% 41%!
Int Com Eng (2) 23 23% 22% 22*4;
Int Mes Marine... 71, 7 r >4 7% 7%;
let Mer Mar pf... 27% 29% 27% 29% >
Internal iNickeE. 12% 12% 12% 12% |
internal Paper.. 37 37)4 87 37% \
Invincible 0i1.... 15% 15% 15% 15% !
j Iron Prod (1%). 40 42% 39% 42% j
i Jewel Tea 18% 18% 18% 18% i
•Jewel Tea pf 82 82 82 82 !
i Jones Bros Tea.. 21% 21% 20% 20% j
j Jordan Mot (3) .. 26% 86% 26% 26% j
i Kan City South.. 19% 19% 19% 19%)
i Kan CSo pf (4) .. 52 52 52 62 j
1 Kayser Jul & Co.. 24% 24% 23% 24 ;
j Kelly Spr Tire... 16% 17 16% 17 !
Kelsey Wh l (6) . 82 83% 82 83% J
KenneCop (3)... 35% 36% 35% 36% j
Keystc..e T & R.. 2 2% 2 2%;
Kinney GR Co., 58!.- 58% 58% 58% J
Laciede Gas (7). 95% 95% 94% 94% '
Leo Rub & Tire.. 11% 11% 11% 11% !
Leh Val (3%)... 69% 69 * 69% 69% j
Leh Val rights . 27% 28% 27% 27% j
Lig &My laewl. 51 51 51 51 ;
Lima Loco (4).. 61% 61% 61% 61% I
Loewslnc (2).... 1(3 16 16 16 |
Loft.lncorpor.... 6 6 6 6
Loose-^Wiles Bis. 56 57 56 57
Loose-W pf (7).. 105 105 105 105
Loriilard (3).. . 36% 36% 35% 36%
THE KVENIXtt STAR, WASHINGTON, A). VVEDNIvSDAY. APRU. 2, 1924.
I
Open. High. tow. ('lot*, i
I Ecuis&N’sh (5) 91% 91% 91% 91%|
! Mclntyre (1)..., 15% 15% 15% 15% S
Mack Trucks (6) 82% 83 82% 83 t
i Macy RH& Co ~. 61% 61% 61!, 61% |
i Magma Copper... 33 34% 33 34% i
Mallinson & C 0... 20Vi 20*, 20% 2014 !
; Man El Sup (4) .. 38 38% 37 38% !
Man Elec gtd «4 ) 37% 37% 87', 87% 1
Maracaibo Oil .. 28% 30% 28% 30
: Market St Ry. ■.. 7% 7% 7% 7%:
j Market SR 2d (JT. 17 17 17 17 i
i Mkt St Ry pr pf. 49 49 48V; 48%
i Mar'and Oil 37% S 3 37% 37% i
■ Mart-Parry f 3)., 341, 3.-, 347- 35 ;
i Mathb-son Alkali 3! 34 S 3 ‘H i
; Maxwell Mot A... 45% 46 45% 45% :
Maxwell Mot 8... 12 12 11*, 11% I
< May Dpt St (5).. 88% 89% 88*, 89% !
j Mex Seaboard... 19 19% 19 19 1
M. x Seaboard cf. is% 18% 18 18
j Miami Cop (2)... 21 21% 21 £l% i
, Middle St Oil 4% 4% 4% .]% j
•’fnn &St Louis., 2% 2% “H -«a 1
MStI’&SSM (4).. 3« 30 30 30
i Mu; Kan & Tex... n u 10 , 4 , ((ij |
I Mis K - Tex pf. . 31 32% 31% 31% I
Missouri Pacific. 12%’ 12% 12 v »
; Mb-snuri p»epf.. 38 ?S% 38 pg !
I Mont Power (4). 63 63 62% 62% i
| - or.tgom Ward.. 25% 25% 20' - *’s% I
Moon Mot (3).. , 23'i 23% 23% ••’{% i
• Mother Lode (1> ,s g% h ~S% !
Nash Mot (Cl.. 108 108% 108 108% j
...at Acme . s% 9 0 j
i Vat Biscuit (3) M 6 >% r, t r , t v 4 '
1 Nat Cloak & Suit 51% 52% 511.. r,<n, i
Nat Dairy (3) . . 337, go** 82U 32% !
Nat !>>ad (8) ISB 138 138 138 I
Nat Supply (3).. 047; 04% 64*, 64*, ‘
Nev Cons Con... 12% 13 12% 13
N'OrTX M (?),. 108% 110 108% 110
NYABrA(4).. 47% 48!u 47*, 48V4
V YCannera (2) 25% 25% 25% 25%
<7) ' 1(10 100% 100 100%
” • C-Readgrts. 2% 2*4 2% 2*,
N Y Dock pf (5) . 44 44 44 44
NY Nil A- Hart. . 18% 18% 18% 18%
V V Out * West.. 17 17% 17 17
N't rs & W ((g) ... jug 126% 125% 126
North A mer (2). 22*4 23 2211 £3
North Pac (5)... 52 52% 52 52 !
[ Ohio Bdy & 81... 1% 1% I< 4 1% ,
| Okl aIT A Ref 2 2 2 2 I
Orpheum (1%)., is*. ig% is*, 18%:
j Otis IClevat (8).. 153% 153% 153 153 j
i Otis Steel
j Otis Steel pf 64 64 64 64 '
| Owensßot (3) .. 14 44% 44 44%j
j Pacific Oil (2)... sf.*, 51% 501, slVi|
fackard (1.20).. 10% Jo% 10% 10% !
1 Pan Amer (4). . . 47% 47% 46% 4614 !
Pan Amer B (4). 45% 46 451* 45%
Parish & Bing.... 14% 15 14% 15 I
Penn RallCd (3) 43% 43*, 43% 43*4;
Penn Scab Steel. 2% 214 2% 2% j
j Peep Gas Ch (7) 95% £5% 95 95%'
; Pere Marq (4).. 41% 41% 41 41 I
i Phila Co (4) 41 44% 44 44% !
Phila Co pf (3)... 42% 42% 42% 42**1
| Phila &R & I 37*1 38% 37% 38% '
i Ph-Jones pf (7).. 82 82 82 82 j
Phil Mor (50c).. 17% 17% 17% 17%
! Phillips Pet (2).. 39% 40% 39% lO’,
j Pierce-Arrow.... h*4 8-. 8"-« SH (
j Pierce Oil 1% 1% l>, 1% •
! Pierce Oil pf 24% 24% 22 22% j
{ Pitts Coal (4)... 61% 62 61% 62 j
Pitts Stl pf (7) ... 96% 96% 96% 96% 1
Pitts I’t pf EGS . 12% 12% 12% 12% I
! Pitts 4c West Va. 42% 42% 42% 42% j
j Press SHC (4)... 49% 50 49% 50 !
! Prod & Refiners.. 31 3D* 3! 31% 1
j PubScrN J (4).. 41% 42 41% 41% '
Pullman Co (8) .. 116 116% 116 116%;
! Punta AI Su (5). 63% 63% 62 s * 62% i
! I’ure Oil (1 % ) 23% 23*, 23% 23% j
j Hy Stl Spg (?)... 110% 110% 110% 110%j
{ Ray Cons Copt.% 10 9% 9% I
i Reading (4) 54% 54% 54% 64% !
I Reading ris 16*, 17H 16% 17%.
j Remington Type. 39% 39% 39 39% i
j Rep Ir & Steel. ... 46% 47% 46% 47 i
I Reynolds Spr (2) 16!* 16% 16% 16% j
| Rey Tob B (3). . 64 66 64 64% J
Roy D’tch (3.46) 6! 54% 54 54%’
Rutland pf 33 33 33 33 i
St L San h ran. .„ 22% £2% 22 22 1
StL-San FT pf.., 46V* 46% 46% 46%:
St L Sothwt«t.... 37% 37% 37% 371, i
! St LS'th pf (5) .. 67 59% 59 59%
j Savage Arms.... 42% 43% 42% 45%
j Schulte (S 8) 100 1011* 100 101%
Seaboard Air L... 9 9% 9 9%
j Seab'd AirLpf.. 20 20% 19% 20
i Hears Roe * C 0... S 3 85 83 85
j Shattuck-Arl*.., 5% 5% 5% 5% !
; Shell Un Oil (1).. 17*, IS’.- 17% 18% {
I Shell lin pf (6) ... 91 94 93% 95%!
i Simmons Co (1). 22% 22% 22% 22% j
j Simms Pet 13*-, 13% 13% 13% {
| Hir.c Con Oil (2). 21% 22% 21% 22 j
! Skeliy Oil 24% 26 24 -, 26
Sioss-Shell (6).. 57% 58 57% 68 1
So P Rico Su (ti) 89 90% 89 90% !
South Pac (6)... 86% 89 86% yj ;
Southern Ry (3). 54V* 54'-* 54% 54%
South Ry pf <s>.. 71% 72 7£% 72 |
St Oil Cal (2).... 6IS 61*, 61% <%.•, i
StOil N J (1) .... 37% 37% 37> - 37% I
St Oil NJ pf (7) . 117 117% 117 117 v« !
('lew”. War (10). 79!* 80% 79% 80 ;
Stromberg C («) . 65 66*, 65 66*4 i
Stu Jebaker (10). 92% 94 92% 93*, ,
Submarine Boat.. 7*, 7% 7% i
•Superior Oil 5 5% 4*, SV« i
J Sweets Co of Am. 2 2 2 g I
j Tenn C& Ch 7!, 7% 7% 71,,!
1 Texas Co (3),... 41% 41% 41% 41% J
Texas & Pacific.. 26*, 27 26% 26 % !
j Tex Gulf (6-%) . . 59 59 59 59 J
!T-x & Pac C& O. 10% 10% 10% 10% i
I Third Avenue.... 10% 10% 10% 10% !
i Tide Wat Oil (4) 130 130 130 130
jTigiken (31i)... 35% 36 351, 35%
'fob Prod («>.... 55V4 57% 55% 57% !
[ Tob Prod A (7).. 85 85% 85 85% i
I Transcont 0i1.... 4% 5 414 5 j
j Underwood (3).. 39 39 39 £9 !
! Un Pacific (10).. 129% 129% 129% 129% i
lUnPacpf (4)... 71% 71*4 71% 71% !
j Ltd Alloy Stl (3). 27 27 27 27 j
| titd Ry Invest pf.. SO SO SO 30 j
U S Cast Iron P.. 75% 771* 75% 77
I U S Hoff Mach... 17% 17% 17% 17% !
IU S Ind Alcohol.. 68% 70% 68% 70% I
jU S Rubber....... 31% 32 31% 32
1 USP. Istpf («) 81% 82 81% 82 !
US Smelting 21 21% 21 21% j
iUS Steel (f 5%). 99 99% 98% 99%
jUS Steel pf (7).. 119% 119% 119 119 j
j Utah Copper (4) 66*4 66% 66*, 66% j
I Utah Securities.. _ 23% 23% 23% 23% j
| Vanadium Corp.. 25% 26 25% 26 i
I Va-CatoChem.., 2 2 2 2 i
,Va Caro Ch pf. 6 7 6 6%’,
j Vivaudou (2) . ... 814 8% 8% 8% 1
Wabash .'. 16% 16% 16% 16% '
; Wabash Df A 45% 45%
! Web& Hcllb (1). 17 17 17 17 1
! Western Pacific.. 16% 16% 16% 16% j
1 West Pac pf 16). 59% 59*4 59% 59% i
I West Un Tel (7). 10714 107% 107% 107%,
| West Air Br (6). 90% 90% 90% 90%:
I West E& M (4).. 59% 59% 59 59% j
1 West Eec M rta.. 1% 1% 1% jy, i
I Wheel &L Erie. . 9% 9’, 9% 9% j
Wheel &L Er pf.. 18 18% 18 18%’
Wh EagOil (2).. 26 26% 26 26%'
White Mot (4)... 64 54 54 54 j
WickwireSp Stl.. 3 3 2% 2% !
Wilson & Co 15 15 15 15
VV illys-O ver land. 10% 10% 10% 10%
Willys-Over pf....V 81% 81% 80% 80% !
Woolworth (8)., 330% 330% 330% 330%
Worthing Pump.. 26*4 27% 26% 27%
WthPpf A (7).. 77 77 77 77
Wright Aero (1). 10 10 10 10 i
‘ Wrlg WJr (3)... 37 37% 37 37%
| Yellow Cab (5).. 82% 82% 82% 82%
1 tfartly extra. {Payable in preferred stock. ■
1 Dividend rates as given in the above table I
1 are the annual cash payments based on the j
: latest quarterly or half-yearly declarations. I
Unless otherwise noted, extra or special |
I dividends arc not included,
Hlcta. Low. Lest, j
Call Money.... 4Vj 4 4
HOURLY SALES OF STOCKS. ]
;11 a.ra 215 600 Ip.m 480 600 :
!IS m 364 300 2 p.m 568 700 :
! |
FOREIGN EXCHANGE.
By the Associated ITess.
j NEW YORK, April 2.—Foreign t-x- i
’changes irregular. Quotations (in!
j United States dollars); Great Britain,!
demand. 4.30%: rabies, 4.30%; sixty
day bills on banks, 4.28. France, de- |
I majui, .0602%; cables, .0603%. Italy, I
j demand, .0445: cables, .0445 1 ,-.. Bel- j
jgium, demand, .0517: cables, .0518.!
! Germany, demand (per trillion). .22; t
j Holland, demand. .3698; Norw ay, de- j
, mand, .1371; Sweden, demand. .2611: |
Udenmark. demand. .1652%; Switzer- j
'land, demand. .1756; Spain, demand,
j. 1328: Greece, demand, .0172: Poland,
’demand, .00000012; Czechoslovakia,
Idemand, .0298%: Jugoslavia, demand.
.0125; Austria, demand. .000014%; Ru
mania. demand. .0052% : Argentina,
demand, .3325; Brazil, demand, .1115:
Tokio, d'-mand, .42fc; Montreal, .97
15-16,
MARKED FEATURES
j IN BOND MARKET
I '
: Rise in St. Paul and Firmness
,
of Foreign Issues
Notable.
■ i
i
IIV GEORGE T. HUGHES.
j Bp*-<-ial l>i*|>ar. li t-> The Star.
NEW YORK, eVpril 2.—ln today’s
’generally firm bond market there
j were two features which stood out.
! One was the renewed rise in St. Paul
| issues and to a lesser extent, in some
!of the other speculative rails, and
i the other was the pronounced tirm
-1 ness in foreign bonds.
| French obligations led the upturn 1
{among the foreigns. French »s and !
j 7 both made new highs for the j
| year. Department of the Seine 7s (
j and the Bordeaux. Lyon and Mar- {
seilles 6s also touched nev; high i
■ points, in the mid-European group)
•the Jugoslav Ns were tie- leaders, l
j although th- Czechoslovak 8s and i
jth«- city of Greater Prague 7%s were
(noticeably firm. Swiss 8s at one!
j time were up a point over the pre
j vious closing. City of Copenhagen
j 5 %s sold above 89 for the first time
jin more than a month. The com
monly accepted explanation of this]
renewal of interest in foreign securi- !
ties was that the buying was in an- j
ticipation of a favorable reception |
for the Dawes report.
Heavy Dealings Noted.
Dealings in St. Paul bonds were
heavy. The largest advances were
scored hy the debenture Is of 1931
and h> the convertible lEs of 1932.
Th- 4s of 1935. the convertible 5s
and the refunding 4 Vs, tin- last two
j maturing in 2011, gained only a iit
t tie less. In other speculative raii
i road issues active buying went on
and higher prices were recorded for
j Missouri Pacific is. Missouri. Kansas
, aod Texas adjustments. Erie general!
i is aud the St. Louis San Francisco j
j income 6s. Western Maryland Is)
* had a brief run up. Peoria and
| Eastern ineono-s b»st more ground !
■today.
High-grade investment issues were j
iin demand today, especially libertv j
j bonds, nearly ail of w hich made fairly- :
( good gains.
‘ Heaviness persisted in certain in- )
idustrials. stj**h as Pierce-Arrow- Bs, |
J American Agricultural Chemical 7%5, ,
j Wilson .v Co. 7%s and United States
I Rubber ss.
seaboard \ir Mur Rumor,
i It was reported that the Seaboard
j Air Line was about to do some to w
financing, probably a long-term bond !
1 issti- . In the public utility field j
j Northern States power is expected to ’
■make a row offering'. Today's new I
"offerings included fK.son,(i«o Hf Lou is
land San Francisco prior lien D 5%5.
i $1,150,00" Adirondack pow,-r and
j Light os. $2,100,000 Southern Building
j Company of Washington CEs and I
: |1.400,000 Wichita Water Company 6s. j
!
I COMMODITY \EITS
W IRED STAR FROM
EMTIRE COV!STRY
I ;
j OAKLAND. Calif.. April 2.—-J
{ Wharves her.- are becoming badly j
j congested l-y lumber products wait-j
ling shipment to New York. Phila- j
Idelphia and other Atlantic ports. It j
|is estimated 15.00".oof* shingles. 10,-i
1000,000 laths and 3,000.000 feet of!
* building lumber arc awaiting vessel i
| space.
NEW ORLEANS. April 2. N- w I
business at Southern Pint, Assoeia- j
tion mills last week increased 6.5 :
per cent. pre>d,uetion rose 1.1 per cent j
and shipments 13.2 per cent. There*
were 7 4.00","Oil feet ordered at 111 i
I mills. 76.000,"00 feet shipped and'
j 78,500,000 feet produced. |
i CONCORD. N. H..'April 2. - -Maple J
i sugar now is being quoted here at j
j7O to 8" cents a pound. Farmers are j
j reee vmg 4" to 50 cents a pound for.
■ their product. There has been a. fine!
! run of sap this year and prices are:
;higher than in 1923
j HOUSTON, T- x.. April 2 - The de- ;
jcline in produetion and im-reased de- j
I mand are the factors held responsible!
I for the advance in heavy crude oil!
{prices to *2 for grade A and 81.70 for*
; grade B. announced by the Humble
I Oil Company.
I .....
j PHILADELPHIA. April 2 -Makers t
; of plumbers' supplies have more or- j
j dors on their books at present than
jat any time in recent years. Many :
} »»f them predict a shortage of such ;
j materials before the summer build-|
j ing season is over.
i HAMMOND, la*., .April 2.—Shipment j
jstrawberries in quantity from here, !
| Ponchatoula, Natali,any. Independence ■
and Amite is now in full swing. Prices ■
j to producers range from $6.55 to J 7.47 j
i a crate, the highest price ever known ■
; here. Five cars shipped Monday
brought a little above $7 a crate. Th'e •
{total crop is expected to reach 1.400 |
j to 1,500 cars.
! ATLANTA. Ga., April 2.—A state i
j quarantine has been put into effect to |
(combat spread of Japanese beetle and l
the oriental peach moth.
j BOSTON. April 2.—Honey-dew melons
j from Chile have made their appear- ’
jance in this market fop the first time, I
;and are retailing at $1.50 each.
j ROCHESTER. n7 V., April 2.—The j
1 Eastman Kodak Company experienced {
;the biggest year in its historv in j
,1923. Earnings totaled *18.877.229.53.!
las compared with $18,556,210.92 in!
; 1920, the next best vear,
i
* ST. LOUIS, Mo.. April 2. —The Cur- |
j Clothing Company announced to- j
! day that it had purchased more:
, woolen goods for fall garments than'
| ever before in its* history.
FORT WORTH. April 2.—Texas cot-i
: ton growers are using fertilizers to j
ja much greater extent this year than 1
i usual. They hope by- this means to)
, overcome the handicap of a late sea-i
j son start and get ahead of the boll |
| weevil.
CHICAGO LIVE STOCK
I CHICAGO, April 2 (United States;
j Department of Agriculture).—Hogs—i
j Receipts. 26,000 head; fairly active:
j unevenly lower as compared with '
yesterday's general trade: Medium)
and heavyweight butchers, 10 lower;!
j lightweight, 10 to 15 off; light light,
15 to 25 lower; spots show more)
loss; pigs, 25 to 00 lower; all inter- j
csts buying; shipping orders very}
j light: bulk good and choice 250 to |
j 350 pound butchers. 7.45a7.55; few up
! to 7.60; grades 160 to 225 pounds,
j 7.35a7.50: best 190 to 200 pound kind.
! 7.55; desirable 140 to 150 pound aver- i
I ages, 7.00a7.25; packing sows. 6.70a
j 6.85; desirable weighty killing pigs,
! 6.00a6.50; heavyweight hogs. 7.35a
17.60; medium. 7.40a7.55; light. 7.4"a j
7.55: light light, 6.00a7.40: packing
jsows. smooth. 6.75a6.90; packing sows, j
: rough, ti.60aG.75; slaughter pigs, 4.73'
, a6.50.
; Cattle—Recipts. 10,000 head;
i active; most classes steady to strong;
j spots shade higher on better grades
! beef steers; bulk fed steers, S.soa
1 10.75: several loads heavies and !
! handy-weight offerings, 1 l.OOall.50: 1
j early top. 11.65; shipping demand-
I fairly broad; lq;ef heifers inactive de
( mand; fat cows scarce: best bologna, •
j bulls, 5.00a5.25; vealers. uneven; j
choice headyweight upward to 12.00 i
to slackers; bulk vealers. averaging 1
1 100 to 115 pounds, loTOOall.OO; light;
| vealers slow; bidding around 8.50; I
stockers and feeders scarce; country
demand fairly broad.
Sheep—Receipts, 10,000 head: slow,
fed lambs around steady; sheep 25
higher: shearing lambs steady; early
bulk desirable fat wooled lambs.
15.50a16.00: clipped lambs. 13.75a
14.80; fat ewes upward to 12.00:
rhoice shearing lambs. 15.75.
ON NEW YORK BONDS STOCK EXCHANGE I
Received by Private Wire Direct to The Star Office.
(Salas ars in $1,000.)
UNITED STATES BONDS.
(Fractions represent thirty - seconds. |
Example: 98-3 means 98 3-32.)
Snlea. Ilish. tow. Clow*- |
Lib 3% 9 553 99-4 98-20 99-4
1 Lib Ist 4s 30 99-24 99-24 99-24'
! Lib Ist 4%5.. 185 99-28 99-23 99-28
! Lib 2d 4 % 5... 1156 99-26 99-20 99-25 j
Lib 3d 4 %s. .. 383 100-5 100-1 100-3 ]
Lib 4th 4%5.. 2267 99-29 99-22 99-29 I
:US4%B 19G2. 158 100-18 100-10 100-18 j
FOREIGN.
Salea. High. tow. Cloaa. I
| Argentine 7s 18 101% 101% 101%i
Argentine 65'37.. .109 90% 90--» 90% !
Austria 7b 13 89% 89% 89%
Belgium 7%s 10 100% 100 100% 1
Belgium 6s 29 99% 99% 99%
Belgium 8s '... 3 100% 100% 100%
Bolivia 8s 10 88% 88 88
Bordeauxes 35 80 79% 80
Brazil 7s 3 79% 79% 79%
Brazil 8s 7 94
Canada 5s 1926 1 100V* 100% 100%
Canada 5%s 1929.. 5 101% 101% 101%
Canada 5s 1931 3 99% 99% 99%
! Canada 5a 1952 14 99% 99% 99% i
| Chile 8s 1926 4 103% 103% 103%
(Chile 8s 1941 1 103% 103% 103%
{Chile 7s 1943 3 96% 96 96% I
Copenhagen 5%5.. 38 89% 88*. 89%
j Cuba 5%a 207 94% 93% 94
j Czechoslovakia Bs. 15 961* 96 96
j Denmark Ss 4 108% 108 108%
Denmark 6s 7 95 941* 95
Dutch EI G ’is 38 87% 86% 87%
Dutch East I 65’47. 13 93*; 93% 93%
Dutch East 1 6s'ti2. 26 93%- 93 fi 93% 1
| Finland sf 6s 1945.. ]8 89% 89% 89%'
Framerlcan 7%5.. 26 89 88% £B% I
French Govt 8a... 116 99 98% 98% I
{ French Govt 7%5. 102 94% 94% 91%
Haiti 6s 5 89% 89% 89%
Japanese Ist 4 Vis. H 97% 97% 97% 1
Japanese 2d 4%5.. 2 97% 97% 97%;
Japanese 4s 15 79 V* 79% 79% j
Japanese 6%a wI. 24 92*% 92% 92% I
Jergens UM 6s '47. 10 75H 75 75%
Lyon 6s 14 80 79% 80 j
Marseille Cs 8 79*. 79% 79% 1
Mexico 5s 5 49 49 49 ;
Montevideo 7a I 87 87 87
Netherlands 6a. ... 27 92% 91% 1(2% !
Norway 8s 8 110% 110% 110%!
. Norway €s 1943... 15 93% 93% 03% {
! Norway 6s 1952... 1 93% 93% 93% j
{ Orient Dev deb 6s. 1 87 87 87 I
j I’arls-Ly's-Med 6s. 84 72'* 72*-, 72% j
Prague 7%s 3 84% 84S 84H |
I Queensland Ta. ... 4 106 106 106
j Bio de Jan 8s 1947. 2 91% 91% 91%
Hia Gr Do Sul Ss.. 3 94% 94% 94% I
| Salvador 8s '4B ... . 5 100% 100% 100%!
I Sao Paulo City Bs. 9 98% 98'% 98%
1 Sao Paulo State Ba. 7 99 98% 98% j
Seine Dept of 7a... 59 83% 83 83% i
Serbs Crotes Slo 8s 2S 75 74% 74% !
Scissors 6s. I 80 79% 80 j
Sweden 6s 1 1031* 103% 103** i
Swjss Confed 85... II 114% 114 114%
Tokio 5s 11 61% 61% 61% J
,Ud Kingm s*%s '29 1 106% 106** 106% j
lUd Kingm o%s '37 142 100% 100 100% I
! Uruguay 8s n 104 104 104 ;
; Zurich Ss 3 110% 110% lU»% j
MISCELLANEOUS.
! Ajax Rubber 85... 1 89 89 89 i
j Ain Agr (Them 5a.. 2 95% 93!j 95% •
;Am Agr Chem 7 358 92% 92 92% j
•Am Cotton Oil 55.. 10 88 88 88 j
lAm Rrpub deb 6«.. 7 91 91 91 {
|Am Smlt&R Ist ss. 4 92*; 92% 92*i j
j Am Smlt&R 6s 2 103% 103% 103% i
| Am Sug ref 6s lo 100% 100% 100 - j
J Am T & Tcv tis 2 119% 119% 119%1
1 Ain T-tTcl tr 55., 41 98% 97% 97% !
jAmT«rT cl tr 45.. 13 93% 93% 93% j
Arn T & T deb 5%s 60 100% 100% 100%'
l Am Water Wks Os 50 10% 86 B'6 {
jAm Writ Paper 6s. 1 39 39 39 i
j Anaconda cv db 7s 13 97% 97 97** j
| Anaconda Ist 65... 19 96 95*; 96 j
! Armour &Co 4'is. 2 fcO'j g.v* 85%i
! Armour of Del 5Vt» 5 90% 90% 90%:
j Associated Oil 65.. 9 98% 98% 98%;
j Atlantic ReilirOs.. 1 97 97 97 l
j BeM Tel Pa 5s 7 98% 98 98%;
{ Beth Steel »i£a '53. 12 90 89% SO f
. Beth Steel rs 55.., 3 95% 95% 95% j
1 Belh Steel pm 55.. 15 89% 89% 89% j
I Beth Steel s f 65... 5 98% 98% 98% i
| Brier HSt Ist s*,ss 1 95% 95% 95% j
' Bklyn Edison 7a D 4 109 109 109 |
| Bklyn Ed gen 55... 1 98% 98% 98V* !
j Bush T Bldg 0s ’6O. 2 93% 93% 93% j
, Central Leather 5s 11 95 94 , 95 !
j Cerro de Pasco Ss. 5 130 128 H 150 !
! Chile Copper 65... 19 100% 100% 100% j
I Col Gas &El Ss 1 98% 98% 9g% 1
| Commonwth P 65.. 12 90% 90 90% i
, Con Coal Md Ist 5a 7 89 88!* 89 ;
! Consumers Pow ss. 2 88% 88% 88%)
j Caban-Am Sug Bs. 6 1(V7% 107% 107%'
■ Cuba Cane cv d Bs. 15 97% 97% 97% j
' Cuba Cane cv 7s ’SO 5 92% 92% 92%;
; Del Edison ref 6s. 18 105% 105 105% i
!Du Pont do N 7',ia. 9 107% 107'* 107 * '
. Duquesnc Light 6s 4 105 104% 105 !
• Est Cuba Sug 7%a. 1 106 1 • JO6 l 106%'
j Empire G&P 7%5. I 91 s , 91%- 91% I
; Fisk Rubber 8s 14 101% 100*.- 100% j
Gen Elec deb ss. . . 3 100% 100% 100%!
j Goodrich 6%a 4 96% 96% 96'* j
: Goodyear 8s 193’.. . 7 101% 101 10! i
: Goodyear Ss 13(1.. 5 116% 116 116 !
Hershey Gs 1942... 3 102% 102 102% i
i Humble O&R 5%5. 6 98*., 98% 98% j
i Illinois Bell Ist Ss. 24 91% 94% 94%)
Int Mer Marine tia. 5 81% 31% 81% {
i Inter Paper 5s '47... 3 83% 831, 83%'
iKCPA- Lt 5s A 52. 56 91% 91% 91% i
' Kan G&EI 6s '52., 7 95% 95% 95% i
j Kayser (J) 7s 1 104*. 104% 104>i '
j Kelly-Spring Ss... 2 99 99 99 j
i Lackawa Sss 'SO. . 2 92 91% 91%
i Liggett & Myrs as. 3 96% 96 96%
! Loriilard (P) 75... 2 115% 115% 115%
‘ Magma Cop cv 7a.. 7 115% 115 115%
: Manati Sug sf 7%s 1 101% 1011* 101%
i MarlandOil 7%5.. 1 100 100 100 i
i Marland Oil Ss ’3l. 3 103% 103% 103%|
; Midvale Steel 55... 6 89% 88*4 89%;
I Morris&Co Ist4 %s 1 79% 79** 79%)
j New Eng Tel 55... 6 98% 98% 98% 1
!N Y Eusn Ist 6%».. 8 111% IU m% {
: NY'GELH&PSs... 1 99% 99% 99% I
■ NYGELH&P4S... 2 84% 84% 84% 1
!NY Tel 6s'4l 15 105% 105 105 I
j N Y Tel Cs ’49 4 106% 106% 106%)
| North Am Ed 6%5. 3 97% 97% 97% i
1 Nor States Pow ss. 2 93 92% 92%)
j Nor States Pow 6s. 2 103 103 103 j
' Northwst B Tel 7s. 15 108 107% 108 j
j Otis Steel 7%3 15 94** 94»* 94 : V*
I Otis Steel 8s 2 100% 100% 100%)
' 1
1 Pacific Gas &El 5s 2 92 91% 91% j
■ Pan-Am Pete 75... 6 101 100% 101 i
’ Phil & Rdg C&I sa. 6 53% 93% 93% j
: Phila Co ref 6s A.. 5 102 101% 102 i
| Pierce-Arrow 8a... 6 73% 73% 73%!
| Pierce Oil deb Bs.. 4 94% 94 94 I
i Public Service 55.. 14 87% 87% 87% i
j Pub Ser Elec 6s wi. 23 98% 98% 98% i
I Punta Alegre 75... 12 116% 115 115
1 Saks &Co a f 75... 1 104 104 104 i
Sharon Stl H Ss... 2 101 101 101 i
; Sinclair Oil 7s 13 92% 92% 92%)
■ Sinclair Oil 6%5... 59 87% 87% 87% I
i Sin Crude Oil tis... 1 97% 97% 97%
: Sin Crude Oil 5%5. 32 98% 98% 98%
! Sin Pipe Line 55... 18 84 83% 84
1 South Bell Tel 55.. 1 95 95 95 '
;So For Rico Sug 7s 1 104% 104% 104% I
' Southwest Bell ss. 11l 93% 93% 93%!
! Steel & Tube Ts... 2 104 104 104 i
' Sug Est Orient 75.. 1 96% 96% 96%'
i Tenn Elec Pow tis, 3 95% 95% 95% I
j Toledo Edn Ist 7a.. 1 107% 107% 107%
I Union Bag & P 63.. 7 96% 96% 96%
U S Rub Ist rs 55.. 19 31% 81% , 81%
jUS Rubber 7 %5... 5 101% 101% 101% !
,U S Steel a f ss. ... 16 102% 102% 102% i
j Utah Pow &Lt ss. 2 89 89 89 I
j Vertientes Sug 7s. 2 95% 95 95 !
| Va-Car Chem 73 45 64% 64 64 •
: Va-Car Ch 7%s w. 2 32% 32 32
! Warner Sugar 75.. 4 102% 102% 102%
West Union 6%5.. I 110 110 110
( Westinghoase 75.. 4 107% 107% 107%
i WickwireSoen 7s. 18 56% 51 52%
Willys-Ov 6%s ’33.. 22 98% 98% 93%
Wilson &Co Ist 6s 11 94 93% 93% i
Wilson&Ccv 7%5. 13 88% 87% 88% I
Wilson &Co cv tis. 11 81% 81% 81% I
j Winchester A
I Youngstn S& T 6s. 8 96 96% 95%:
i INVOLUNTARY BANKRUPT.
CHICAGO, April 2.—An involur.tr ry J
! petition in bankruptcy showing lia- j
! biiities of $239,068.:1S and assets of j
! $26,125.45 has been filed in the United
States district court by Norris H. Mun
day, sugar broker. Other sugar brokers
and refiners were the chief creditors.
Among the creditors are Adams &
Sons, grocers, Chillicothe, Ohio. $37,-
808, and Anna A. Munday, New York,
$19,500.
RAILROADS.
Safe*. High, ls)W. Close.
Ann Arbor 4s 1 58% 58% 58%
| Atchison gen 45... 18 87% 86% 87%
Atlantic CI, Ist 4s. 25 87'/t 86% 87
| B&Oprln 3Vis... 42 98 97% 97% !
iB & O gold 4s 12 85 84% 84%
B&O63 4 101% 101% 101%
IB&Ocv4%s 188 88% 87%.88%
|B & O ref as 13 86% 86% 86%
jB &O PLEiWV 4s. 31 81% 81\ S1 7 A
B&O SW dir 3%5. U 98 97% 97%
i Bklyn-Manhat C». 58 77% 76% 77%
Bkl RT7s’2l ct... 7 107 107 107
j Buff K&PUt 4%5.. 2 89% 89% 89% |
1 Canadian North 7s 1 112% 112% 112% j
j Canad North 6 Vis. 12 112% 1X2% 112% I
Canad Pac deb 45.. It: 80 79% 80 j
Car Clinch & O ss. 5 93% 93% 93% !
Car Clinch & O 6s. 13 98 97% 97%’
I Cent of Oa 6s 4 101% 101% 101% i
j Central Pacific 4s. 3 85% 55% 85% ,
j Ches & Ohio cv ss. 39 93% 93% 93%
j Ches &Ocv » %s.. 25 92 91% 92
Chi & Alton 3%5.. 24 38 38 38
Chi B&Q gn 4s 'BS.. I 86 86 86
Chi B&Q Istrf 55.. 1 97% 97% 97%
I Chi & E 111 gn 55.. 14 76% 76% 76% |
Chi Great West 4s. 20 54% 53'i 54 |
jC M & Puget Sd 4s. Hi 58% 57% 58%;
Chi M&St Prs 4%i106 68% 56% 58% j
Chi M& St Pcv ss. 102 61% 60% 61% j
i Chi M&St P4s ’25.103 86 85% 85% I
I Chi M&S Pcv 4V=5.22l 65% 64% 65% j
CM& St Pdb 4s. .. 25 59% 57% 59% .
Chi M&St P6s wi. 54 99% 99 99%
Chi & N W 6%s 4 106% 106% 106% j
Chi & N W 7s 1 105% 105% 105%-
ChiP.ysSs 6 77% 77% 77% |
| Chi HI * Pac rs 4s 6 77% 77 77%
Chi TII& SE 55... 17 80% 79% 80% 1
1 Chl-Un Sta 4 %5... 2 91% 91% 91%
Chi Un Sta G%«. .. 2 115% 115% 115%
Chi & W Ind cn 4s. 11 74% 74 74
Chi & W Ind 7%5.. 1 103% 103% 103%
CleveTermr.%B... 1 104 101 104
Cuba R TC7V.S 3 101% 101 101
CubaU KBs s 84% #3% 83% j
Del &Hd Ist rs 45.. t 86% 86% 86%'
Oen & Rio Gcn 4s. 6 69 69 69 |
D & Rio G Imp 55.. 1 82% 82% 82% I
(I>& RGstrf 5a.... 4 31% 31% 34% '
j Dot United 4 Vis... 1 89 89 89 |
j Erie Ist con 4s 21 65% 65 65 ‘
j Erie con ext 7 71... 6 106 106 10G j
j Erie gen 4s .33 56% 55% 56% i
Erioconv4sA 6 59% 59% 59% |
j Erie con v4s B 2 59% 59% 59% i
| Erie conv 4s D 60 64% 64 64%)
lOr Trunk sf db 6s. 5 103% 103% 103%'
Grand Trunk 75... 2 112% 1X2% 112". [
Gr North gen 75... 17 107% 107% 107% i
lOr North pens%s.. 1 98% 97% 98%
j Havana ERL&P 5s 6 83% 83% 83%!
Hud & Man ref 55.. T 82% 82% 82%!
j Hud & Man aj 55.. 30 59% 59% 69% 1
111 Central ref 4s. . 6 85% 85% 85% ;
j 111 Cent ref is’ss.. 16 101% ’lOl% 101%)
j Int Rap Tran 55... 564 63% 63%
| Int Rap Tr 6s stpd. 4 64 63% 64 I
j Int Rap Tran 75... 5 88% BS% 88% I
' Int A G Nor aj 65.. 62 46% 46 46 1
j Int k G Nor Ist Cs. 22 95% 95% 95% |
lowa Cent rs 4s 10 20 20 20
Kan City Ft S 45... 2 77 77 77 I
) Kansas City S 35... 3 68% 68% 6*%
Kansas City S 55.. 11 88% 88% 88%
j Kan City Term 45.. 8 82% 82% 82% j
Lake Shore 45'28.. I 96 96 96 I
1 Hake Shore 4s 'Ol. . 1 93% 93% 93%
j Lehigh Valley 65.. 7 103 102% 102% j
| Louts & Nash 75... 7 107% 107% 107% :
i Louis & Nash 5 Vis. 4 106 106 106 i
j Louis AN5s B 1 100 100 100 j
; Manhat Ry cn 45.. 17 60 V 60%'
i-Market St cn 5s 6 100 100 100
j Mil El Ry * L 55... I 83% 83% 83% !
; MStP&SSM t»%s. 9 102% 102% 102%
jMKkTpr In 5s A. 6 82% 82 82%
IMK& T4s B 2 68% 68% 68%
MK&T6sC 3 98% 98% 98% |
MK & T adj 5s 229 53% 53% 63%;
;Mo Pacific 6s 7 95 94% 95 ‘
IMo Pacific a5'65... 3 79% 79% 79%
iMo Pacific gn 45... 11l 57% 56% 67 i
j Montrl Tm Ist 5a.. 7 89% 89% 89%
New Or Term 45... 3 78% 78% 78S
IN O Tex &M in 55.. 3 87% 87% 87%
N i Cent gen 3%5. 7 75% 75% 75%'
jX T Ccn deb 4s 13 90% 90% 90% i
iN Y Ccn deb 6s 35 105 104% 104% j
;V Y Cen r1 5s 80 97% 97% 97%;
iN Y Cent cn 4s'9S. 2 81% Sl% 81V
j New Haven c d 6s. 31 68% 67% 68%
i New Haven d4s '57 2 40% 40% 40% ,
j New Haven 7b 24 80% 80% 80% (
(New Haven 7s fr.. 20 78% 78% 78%
N V Ont & W rtf 4s 16 64 63% 63% '
New York Ry aj ss. 1 2V4 2% 2% !
jN Y State Ry 4%5. 1 60% 60% 60%;
INY \\ & Bos 4 %s.. 5 45% 45% 45% !
i Norfolk kW cn 4s. 6 87% 87% 87%
i Norfolk & W cv 6s. 16 125% 125% 125%
j Northern Pac 35... 4 57% 57% 57%
1 Northern Pac 45... 37 81% 80% 81%
‘ Northrn Pac r i 6s. 13 103% 103% 103%
J Northern Pac 5s D. 6 91% 91% 91%
Ore & Calif Ist 55.. 3 99% 99% 99%
iOShortl.cn as’46. 1 101% 101% 101%
i Ore-Short L ref 4s. 2 93% 93% 93%
I Pennsy 1 gen 55.... 5 100% 100 100%
j Pennsyl gen 4 %s.. 3 91% 5H 91%
i Pennsyl 6%s 2 109 109 109
Pennsyl gold 75... U! 107% 107% 107% I
j Peoria & E inc 45.. 28 27% 26% 27% f
j Pcrc Marq Ist 55... 22 94% 63% 94%
: Reading gen 45... .15 90% 90% 90%
; Reading gn 4%bwl 13 89% 89% 89%
IR I Ark &■ L 4%5... 10 76% 76% 75%;
jSt LIMAS RAG 4s. 2 78 78 78 ■
'St LI MAS 4s '29... 72 88% 88% 88% I
tStL&SPpi 4sA.. 95 69 68% 69 \
|StL&S Fpr In as. 13 82% 82% 82% i
•St LAS F inc 6a... 68 64%. 64 64% I
■StLASFS% D... 141 92’« 92 92 '
jSt I.& S F adj 65.. .32 73% 73% 73% J
jstL&SFpl CsC.. 52 100% 100 100 !
St LS W con 4s '32 8 82% 82 82% ;
St PUn Dep 5%5.. 3 97 97 97 j
San A&Am P 45.. 1 74% 74% 74%:
Seat’d A L ref 45.. 15 63% 53% 53% j
-Scab'S ALadJSs.. 10 52% 52% 52% ’
! Seat'd A L con 65.. 61 78% 78% 78% 1
| Sou Pacific 4s 1929. 12 94% 94 64% |
I Sou Pacific ref 4».. %> 86% 86% 86-% 1
| Southern Ry Ist sa. 8 97% 97 97% j
j Southern Ry gn 4s. 87 72 71% 71% |
j Southern Ry 6%5.. ft7 104% 104 104% ■
' Southern Ry 6s ct. 54 99% 99% 99% |
j Sou Ry Mobile 45,. 10 77% 77% 77% t
j Third Ave ref 45... 2 56 55% 56 I
I Third Ave adj 55...' 6 43 42% 43 i
j To! St L& W 4s. .. 2 78% 78% 78% i
I Union Pac Ist 45... 31 90 89% 59% i
(Union Pac cv 4s. . 3 96% 96% 96u j
1 Union Pac Ist rs 5s 68 101% 100% 101%
; Virginia Ry Ist ss. 31 94% 94% 94% 1
,Vaßy & P Ist 55... 2 91 90 91 i
i Wabash Ist 55.... 3 98 97% 97%
j Western Md 4s 22 62% 61% 62%
: Western Pacific as 7 85% 85% 85%
i West Shore Ist 4s. 2 80% 80% 80% !
I Wheel &LE cn 4s. 33 65 65 65 j
i Whel &LE rs 4%s 10 60 69% 60 j
TOTAL SALES (Par Value);
| 4 792000 12 noon 7 294000 i
1 p.m.. 9 142 000 2 p.m.. .10 470000 |
I SHORT TERM SECURITIES.
! (Quotations furnished by Redmond A Co.)
. Noon. .
Bid. Offer.
I Aluminum Co. of Amtr. 7s 1923. 102% 103
! Aluminum Co. of Anier. 7s 1933. 106% 307
| American Sugar 6s 1937 100% 100A
[ American Tel A: Tel. *is 1925.. 115 120
! Anaconda Copper 6s 1929 101% 101%
I Anglo-American Oil 7%s 1925.. 102 102%
! Associated Oil 6s 1935 98% 99
i Hell Tel. of Canada 5s 1925.... 97 s - 97%
i Canadian Northern 5%s 1924.. 100-V lOOR
i Central leather 5s 1925 94 % 95%
Chi., Mil. & St. Paul 6s 1934.. 98% <H)%
Chi., It. I. A Pac. 5%s 1925.... 99 99%
Col. Has A Elec. Ist 5s 1927 98 % 98U.
I Hu Pont 7%a 1931 107% 107%
! Federal Sugar Kef. 6s 1933.... 99% 1(HI%
i Fisher Body Corp. 6-s 1927...... 100% 100%
’ Fislier Body Corp. 6s IW2S 99% 100%
I Goodyear T. &K. 8s 19:41 101% 101%
‘ (,real Northern 7s 1936 197% 107%
i Gulf Oil Corp. of Pa. 5%s 1628. 100 100%
Humble Oil 5%s 1932 98 % 98%
Keanecott Copper 7s 1960 ltM-% I(M% '
l.ibtiy. McNeil A- Libby 7s 1931. 90% 100% j
M , St. P. AS.S. M. 6%fl 1931. 102% 102% I
Morris A Co. 7%» 1930 99% 100%
New York Central 6s 1935 104% 104%
I Oregon Short Line 4s 1929 93 % 94
1 Penna.-Ohio Power A LI. 6s 1926 99% 100
i Pcnna. It. U. 7s- 1930 107% 107%
I Swift A Co. 5a 1932 92% 92*4
I Tidewater Oil 6%s 1931 102% 10G
! Union Tank Car 7s 1930 103% 104%
i U. S. Rubber 7%s 1930 101% 10V%
1 Western Union 6%s 1936 110 110%
1 W'estinghouse E. A it. 7s 1931.. 107% i I C%
i Wheeling Steel 6s 1926 99% 100
PEAS, BERRIES AND SNOW.
I NEW YORK. April 2.—Along with
j spring snowstorms New York yesterday
j received the first Louisiana strawberries
jof the season anil several carloads of
j green peas from California,
j The price of the strawberries ranged
| from 20 to 40 cents a pint, and the peas
sold for from $7 50 to J 1.60 a crate.
FINANCIAL.
COTTON MARKETS.
NEW YORK. April 2. —Cotton fu
tures opened easy todav, with May
28.05, July 27.06, October 24.20, 1*;-
cembep 23.84 and January 23.51.
It was reported that one of the
lar*re Manchester mills had booked a
larger business yesterday than for
any day since the war. There also
were reiterated reports of a firm spot
situation in the south, and the rally
j from the opening- decline here carried
1 May contracts up to 28.40 and October
to 24.40 early in the noon hour, when
the market was about net unchanged
to 4 jntinl.s higher. Offerings were
comparatively light after early sell
ing orders had been executed. Cov
ering for May shorts helped the tone
of tlie general list.
The cotton market opened easy at |
Ja decline, of 1.9 to 33 points today in j
response to relatively easy Liverpool
[cables and more favorable weather
I reports. The weather bureau’s weekly
(review made a fairly favorable show
; ing and houses with southern con- !
’neetion.s were among the early sellers. 1
j May declined to 28.04 and October to !
’ 24.08. making net declines of 29 to 32 j
'points on the active months. Liverpool j
(was among the early sellers and pri- j
vate eables reported poor demand for
futures there, but a continued good |
tone in Manchester. Trading here was j
only moderately active and prices i
{steadied after the opening break on j
{better reports from the cotton goods j
i t rade.
i The advance continued during the .
early afternoon, with May soiling !
jup to 28.88 and October 24.67. Th< j
general markoi, was linn at net gains |
jof2sto 50 points around 2 o’clock. i
j NEW OUIjKAXS, April 2.—The cot
ton market opened easier on very
j ikmjt Liverpool cables and a fair
1 -weather main First trades showed
i losses of 22 to 25 points from the
j previous close and prices lost a few
points additional after the opening. {
when a favorable weekly weather j
report, by the government was post- |
ed. May traded at 28.02. July at 26.89 j
and October 23.42, or 26 to 28 points
net lower than yesterday’s close. The >
j market later recovered about half I
the early loss, owing to good trade
reports from Manchester.
LIVERPOOL. April 2.—Cotton—Spot
j good demand, but business moderate;
I prices easier; good middling, 17.75;
( fully middling, 17.30; middling, 15.85;
j low middling. 16.00; good ordinary.
! 15.50; ordinary, 14.50; sales, 7.000 j
| bales, including 4.900 American; re-1
j ceipts. 10,000 bales, including 1.900 j
; American. Futures closed steady,
{''lotting: April. 16.76; July. 16.17;
{October, 14.38; December, 13.98; Jan- )
uary, 13.86. 4 ■;

CHICAGO GRAIN MARKET.
| CHICAGO. April 2. —With receipts
(of corn today about the lightest so far
! tliis season and with country offerings
Ito arrive practically zero, the corn
market took on upward swing in
j price soon after business began. It
(was contended that feeding of corn to
(hogs promised better returns than has
(rceentjy been the case and that with
Ife ld work in progress no important |
(movement of corn was likely. In this •
connection some talk was current that
■May delivery of corn might yet reach
{sl.oo a bushel. The opening, which {
(varied from unchanged figures to % ,
lower, with May, 77 7 .ja7S, was fol
lowed by a material upturn ail round. |
i Scattered selling on the part of!
• commission houses weakened the!
| wheat market. The selling appeared)
!*o be for the northwest. After open-)
img unchanged to % offff. May. l.oU*a i
h.ol*s. and Judw. 1.03a1.03*4: wheat un-j
[derwent a general sag.
Seeding delay tended to give firm- j
ness to oats. Initial prices, un- I
.changed to % higher. May, 45%. were}
succeeded by a slight further advance, j
| Lower quotations on hogs eased the J
{provision market.
■ Subsequently the wheat market rai- I
lied in sympathy with corn. Besides j
jit was reverted that France was buy-)
iriir. and there were withdrawals of j
wheat here from store-. The close was !
lirm. %to -i»a 7 « net higher. May i. 02% j
(to 1.0S8»al03% and July 1.03% to I.Oil's. !
i WHEAT Open. High. Ix>». Close, i
; May 1.01% 1.02% 1.00% 1.02%
[July , I.CC 1.04 1.02% 1 <«%
September 1.51 1.04% 1.03%
; corn—
• Mjcv 77% .79% .77% .7.8%
July 78% ,79% .78% 79%
September 78% .79- ■ .78% .79%
! ci ats
Mtl-c » 45% .46% .45% ,46%
■. July 44% .45% .4* .45
1 September 45% .41% .40% .41
*
Baltimore; daiki price*.
BALTIMORE, Md.. April 2 (Special 1. !
! —Live poultry—Young chicken lb . j
25a35: leghorns. 25a30; winters, 45a I
50: c.ld liens. 23a25; leghorns, old, 22a!
23: old roosters, 1 Sal 6: ducks, 25a35; |
springers. 55a60; pigeons, pair, 45a50: I
guinea fowl, each, 30a60.
1 messed poultry—Chickens, lb.. 28a
35; ducks. 30a35; old roosters. I6aX7;
capons, 35a43.
Eggs (loss off)—Native and nearby
firsts, dozen. 21; southern. 20; duck
: eggs. 40.
Butter—-Creamery, good to fancy,
'3Sa42: prints, 42a44; nearby creamery.
| 35aOS: rolls. 29a32; storepacked. 29; j
dairy prints, 30a32; process butter. J
■ 3 8a 39.
* i
GRAIN AND PROVISIONS.
i BALTIMORE. Md.. April 2 (Special). I
I —Potatoes, white. 100 lbs.. 75a1.75: [
! 150-lb. sacks. 1.25a2.25: sweets and!
j yams, bbl., 2.50a7.00; bu.. l.OOaS.OO; j
; beans, bu.. 3.00a5.50: beets, bu.. 2.00a
j 2.50: broccoli and kale, bu., 65a75; 1
i cabbage, basket. 1.26a2.00; carrots?! {
(hundred. 4.00a6.00: cauliflower, crate, i
I 3.00a3.25; celery, crate, 3.50a4.50; C u- '
I cumbers, crate. S.OOalO.OO; eggplants, i
(crate. 3.00a5.00; lettuce, bu.. 2.00a5.00: I
(onions, 100 lbs.. 1.25a2.00; spring
(onions, hundred, 1.50a1.75; oyster- j
I plants, 100 lbs.. C.00a7.00; parsnips,
(basket, 60a70; peas, hamper. 4.00a5.00: !
I peppers, crate, 3.00a6.00; radishes, bu.. {
j1.50a2.50; spinach, bu., L50a1.75; j
squash, crate, 4.00a5.00: tomatoes. J
{ crate. L50a4.25: turnips, bu.. 40a50. i
i Apples 'packed, barrel), 2.00a5.00; !
| bu., 50a1.50: box apples. 1.75a2.25; 1
I grapefruit, box. 1.50a2.75; oranges, I
i box. 2.00a2.75; straw berries. q%, 55a65. j
Settling Prices on Grain,
j Wheat—No. 2 red winter, spot.
J 1.07 7%; No. 2 red winter, garlicky,
j spot, domestic, 1.07%: exports, no
I quotations: No. 4 or No. 3 red win
j £cr. garlicky; spot, no quotations.
| No sales.
j (fern—Cob. new. 4.25a4.30 pep bar
j rel for yellow and 4.10a4.15 per bar
rel for white; No. 2 corn, spot, 89;
No. 3 com. spot. 86: track corn, yel
low. No. 3. new, 88a8P.
No sales.
Oats—No. 2 white. 56: No. 3 while,
new. 54a54 %.
; Rye—Nearby, 70aS0; No. 2 rye. i
j spot, 76%. ’ |
( Hay—Receipts. 121 10/is. For good j
timothy and white clover mixed .and I
strictly No. t clover, fair demand at
I quotations; low-grade hay plentiful
aqd difficult to move, causing a sharp
discount. Quotations: No. 1 timothy.
28.60 per ton; No. 2. 26.50a27.00; No. 3 I
clover. 2C.00a24.50: No. 1 clover mixed,
25.50a26.Q0; No. 1 c10v«^26.00a27.00.
Straw —No. 1 straigln rye, 24.00a
25.00 per ton; No. 1 tangled rye, 18.00
u 20.00: No. 1 wheat, 18.00al8.50; No. 1
oat, 17.00a18.00.
- ■ #-
U. S. TREASURY CERTIFICATES
(Quotations famished by Redmond A (VO
, Noon. ,
Bid. Otter
-4s Jane 16. 1924 100 1-32 100 0-32
3%s June 15. 1924 100% 100%
3%s September 15, 1924.. 100% 100?,
4%s December 15. 1924... 100 7-32 100 11-32
4» March 15. 1925 100 100%
4%s March 15, 1925 100 11 16 100 13-10
I 4%s June 15, 1925 100 710 100 916
' 4%s December 15. 1925... 100 13,32 100 17 32
I 4%s March 15 V 1926 101 1-16 101 3-16
( 4%s September 15. 1926 .. 100 3-32 100 7-32
| 4%s March 15, 1927 101% 101%
j 4%s December 15, 1927... 101 1-16 101 3-16
RAW SUGAR QUOTATIONS.
NEW YORK. April 2.—Raw sugar
was quieter early today and no fresh ;
business was reported. I Tices were
unchanged at 6.65 for Cubans, duty
paid.
Reports of continued favorable
crop conditions in Cuba led to fur
ther selling pressure in raw- sugar
futures. Later there was a sale of
20,000 bags of Cuban to arrive for
late April shipment at 6.65, duty paid.
Houses with Cuban connections were
the principal sellers. Prices at mid
day showed declines of 3 to 4 points.
No Increase was noted in the de
mand for refined sugar and prices
were unchanged at 8.30 to 8.40 for
fine granulated.
Refined futures were nominal.
• i
|2.no BONDS
ON LOCAL MARKET
Southern Building Company
Sinking Fund Securities
Secured by Mortgage.
I
An offering of $2,100,000 .Souther;.
Building Company, Inc., first (closed
mortgage of 6 % per cent sinkine
l fund gold bonds dated A pri! 1,192 i
{and due April 1, 1939, at a price 0!99A5
!99A5 and accrued interest, to yieiii
j 6.55 per cent, is being made locally
today by Crane, Parris & Co, who
are participating in the syndicate
making the- loan,
j The bonds will be secured by
(closed first mortgage on the f. o siir.
j Pie title of the Southern building
115th and II streets, comprising ap
proxirnatcly 22.212 square feet n
land and the nine-story steel ar
j brick, fireproof building located there
. on. Adequate fire, rental and lia
bility insurance, payable to the trus
tee, will be carried by the company
during the life of the bonds. The
property has been independently ap
! praised at a total property value of
$3,505,960. Gross revenues for 1924
from existing signed leases and oth
er sources will amount to about
j $377,539 and net revenue is estimated
at ?273.009, or twice the maximum
annua! interest requirements of till
issue.
Provide* Anna) Sinking Fund.
/ The mortgage will provide for an
I annual sinking fund of $50,000 for the
| first five years, anti $60,000 thereafter
until maturity. Beginning April K
1924. the company will deposit month
ly with the trustee an amount equal
.to one-twelfth of the annual in
) 'crest and sinking fund requirements.
■Sinking fund moneys shall be used to
(acquire bonds either in the open mar
ket at not exceeding the current re
demption price or through call by lot
at that price.
Application will lie made to list the
bonds on the Washington Stock Ex
change.
* I*cr*onal to 1. A. Fleming,
"Pop" Fleming, who habitually win
ters in Florida, is proving the "Big
Bertha" of Melbourne’s basinets and
social circles according to the Mel
bourne Times, a copy of which was re
ceived by a prominent local bankej
{this morning,
"Pop” receives prominent mention
| in two front-page announcements. In
j discussing the breaking of ground for
a magnificent new hotel which is
j planned for the resort, the dispatch
| says: "Hon. I. A. Fleming, financial
editor of The Washington Star, who
| is spending his seventh winter season
|in Melbourne, will throw- the firs
shovel of dirt. Pop' Fleming, as hi
is familiarly and affectionately called,
; is a veteran newspaper man who ha-s
! boosted many a big project with his
I mighty pen, but this will be his first
| great effort with the shovel. He is
! helping to start this new venture
| with the hope of being on hand
i bright and early next fall to help
i dedicate the new hotel."
j In reporting the annua! banquet of
! the Melbourne '’hamber of Commerce,
j the following is found: "The ban
' queters ail arose to their feet when
j Pop' Fleming, financial editor of Ti e
; Washington Star, was called upon to
| speak on the subject of Melbourne
[ Mr. Fleming is a genera! favorite
i among the winter visitors lu re and
his respons*- was appreciated by ai!.'
Mrrgenthalrr Active.
The return of Mergenthaier Line
type to th»- active list on the Wash
ington Stock Exchange was the oni;
noteworthy occurrence on the loca 1
board today. Skies totaling twenty
one shares wore made at 154.
Transactions were we|] diversified
j small lot trading restricted mainly to
! utility issues ruling. Railway pre
-1 ferri-d sold to the extent of fiv<
I shares at 72%, and two shares o
{Capita! Traction brought 93%. Twen
!l y shares of National Mortgage and
j Investment preferred brought 8%.
I Bonds were quiet at unchanged
I prices.
Washington Stock Exchange.
SAJ.ES.
National Mortgage 4. lareetnccct pfd—2e
at S%.
AFTER CALL
Metropolitan It R. 5s *I.OOO at 100.
I Pot. El. tens. 5s- $1,900 at 97.
t Capita! Traction ss—sl,ooo at 97%. st,oo"
i at 97%.
Capital Traction Co. — 2 a - 93%.
j Wash. Kitv. A Eiec. 4s--$2,000 at 72
3Va*h, Balt. <t Annap. ss—sl,ooo a? 68.
1 Washington Gas (is ’33 —300 at 100%.
! Wash. Rwy. A Eiee, p(d. -5 at 72%.
j Pot. K! 6- 1953—51,000 at 102%,
I Mergenthaier Linotype—lo at 154, sat t 54
at 154.
i Money—Call loans. 5 and 6 per cent.
Bid and Asked Prices.
BONDS.
I PUBLIC UTILITIES.
Bid. Asked
Amer. Tel. A Telga. 4s 93% 9?
Amer. Tel. A Telga. 4%5...... 106
Am. Tel. A Tel. ctl. tr 5s 97% 98
Am. Tel. A Tel. conv. 6s 118 120
! Anacoatia A Potomac 5s 86 88
j Anaeostia A Potomac guar. 55,. 86 gs
j ('. A i». Telephone 5s 96%
!C, A P. Telephone of Va. 5a.... 94 95
(Capital Traction R, K. Ds 97
'city A Suburban 5s
(Georgetown (las Ist ss, 87 89
Metropolitan IS. R._ 5s 99%
. Potomac Kiee. Ist 5s 97% .....
i Potomac Klee. cons. 5s 97 ....
I’olomac Klee, deb t« 10" ....
Potomac Klee. 6» 1953 102 .
Pot. Elec. Pow. c. tn. A ref. 7s. 1"6% 107 1
Wash, Ale*. & Ml. Ver. 5s 30
Wash, Ale*. A Mt. Ver. ctfs, 26
Wash, Balt. A"Annap. 5s 67 CS
Washington Gas 5s 93%
Washington Gas «s, , T“i-% 1"1
Wash. Bwy. A Elec. 4s 71% 72 V
MISCELLANEOUS.
f*. C. Paper Mfg. 6s 84
Rigga Realty 5s (long! 92 ....
1 Riggs Realty 5s (short) 97
1 Wash. Market Cold Storage 55.. 9"
I wardmau Park Hotel 6s 99% 101%
STOCKS.
PUBLIC UTILITIES.
1 American Tel. A Telga *12.»%
I Capital Traction 9.3% 93’,
( Washington Gas 49% 50
I Norfolk A Wash. Steamboat 215 225
| Wash. 11*7. A Elec, com 71% 72
, Wash. Uwy. A Elec, pfd 72% 72%
Terminal Taxi com 80 125
NATIONAL BANK.
Capital “8 235
Columbia -40 300
Commercial 14*> 145
District 160 165
Farmers A Mechanics',........ 239
Federal-American 194
Liberty 141 150 .
Lincoln 330 400
National Metropolitan. 280 325
Riggs *!^ ! 296
Second 106 .....
National Bank of Washington. 201
THUS" COMPANY.
American Security A Trust *302 31')
Continental Trust 85 90
Merchants - Bank 129% 130
National Savings & Trust 390
Union Trust - *164 175
Wash. Loan A Trust 385 410
SAVINGS BANK.
Commerce A 5aving5,........... 200 ....
East Washington 20
Security Savings A Com 276 305
Seventh Street 175 .....
United States 300
Washington Mechanics 30 ....
FIRE INSURANCE.
American 200
Corcoran 130 ~,
Firemen’s 18 20
National Union 9%
TITLE INSURANCE.
Colnmbia Title S ... .
Real Estate Title 135
MISCELLANEOUS.
I>. C. Paper pfd 75
Merchants’ Transfer A Storage, 312 ....
Mergenthaier Unotype 153 15..’
Natl. Mtg. A Inv. pfd 8% ga
Old Dutch Market com 1 % ,j *
Old Dutch Market pfd 3% g
Lanstou Monotype 71' 72*,.
Security Storage *3OO .....
Washington Market 50 60
Yellow Cab 8%
•Ex-dividend

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