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10 NET CHANGES DURING WEEK ON NEW YORK STOCK EXCHANGE - 1924 Hieh. Low. High. Low. Rate. Higii. Low. Close. Chge. *> 4 HI 67 62 4 Abltlbl Tower & Taper.. 64% 64% 64% + % 93H 73% 103% 90 6 Adams Express 90% 90 90V* + Vi 16% 6 17 13 Advance Rumley 15% 15 154 + % 64 28% 54% 47 3 Advance Rumley pf 52% 51 52% \ 4 __ 13 9% fl Ahumada Read ■ ••• l® l * 1® + 93 67Vi 111% 86% 4 Air Reduction 102% 99% 101 * ** 14% 4% 14 10 Ajax Rubber 13** 1244 13 '* + ’» 2% 1 Alaska Juneau 24 To 4 122% 96% 128 119 7 All Am Cables (€> 128 128 128 + - 87% 65 93% 80 4 Allied Chemical & Dye 85% 84 854 V* 1 18% 110 120 117 7 Allied Chemical* Dye pf... 119% 119 *19% + * 73% 41% 86V» 71 Vj 6 Allis-Cbaliners Mfg 78% 75% 784 +l% 304% 90 107 103% 7 Allis-Chalmers Mfg pf 106 100% 106 + % 174 7% 21% 13% - —— Am Agriculture Chemical... 20% 19 20% +1 * 49H 18% 55 7 k H6 , j Am Agriculture Chemical pf 52** 4</i +o «■ 49% 36 43 36% 4 American Beet Sugar 39% 39 39% 83 68% 87% 80% 7 American Beet Sugar pf 81% 81% 81* J 38% 22V4 54Vs 26% American Bosch Magneto... 30 ‘-’B% i 102 76 106 90% 5 Am Brake S & Foundry 106 99% 105% + 6 163% 967* 1857* 1587* 17 American Can. . *lßl% 168% 181% + 124 119 109 119% H 5 7 American Can pf 118% 118% 118% + % 200% 153% 232 Vi 192 12 American Car & Foundry... 198 196 19b 3 kGo 118% 125% 120% 7 American Car & Fdy pf 124% 124 1-4 25 21% 26% 22% 2 Am Chain Class A 23 22% £2% 4 40% 14% 62 37 American Chicle 59 52% f 3% - 89 23 58% 37 American Chicle ctfs 55 53% 53% -1% 7 3Vis 6% 5Vs 60c Am Druggist Syndicate 5% 5% o% 164% 88 166 125 6 American Express 134 125 134 + A— -39% 27% —— Am & Foreign Tower 36% 27% 34% +b * 132% 93 127% 114% Am For Tower 25% paid. . 125 116 124 -8% 14% 7% 14 8% American Hide* Leather... 9% 9% 9% - 72% 60% 75% 59 Am Hide & Leather pf 67% 65 66% +l% 96 72 105 83 7 American Ice 105 90% 104 v. +9% 83 757* 82 74% 6 American Ice pf 82 79% ® 2 + 4 35% 17% 41 32% American International.... 35% 34'» 34 h + •» 12% 10 14 llVi 1 Ain La France Fire Engine *13% 12% 13%+ % 103 95 97 95% 7 Amer La-Fr Fire Eng pf. 97 97 97 28% 13% 29% 20 American Linseed 28'i 2b + - 63% 30 70% 53 3% American Linseed pf 70% 68 69.* +l% 109% 70% 144% 104% 118 Am Locomotive (new) 121% 119 120% % 120% 116% 124 118% 7 American Locomotive pf 118% 118% 118% - % 64 38% 63% 46% 3 American Medial 46% 45% 4b% + % 95% 92 95 92 7 Ainer Piano pfd 92 92 92 - % 136 94V4 105 89% 4 American Radiator 94 92 9- - A 83 77% 84 77% 6 Am Railway Express 77% 77% 77% - % 48 *25 66 l i 48 American Republics 49 49 49 ( 40% 35H 69% 36% 3 American Safety Razor 54% 52 64% +l% 15% 10% 14% 10% Am Ship & Commerce 10% 10% 10% 100 H 67% 106% 90% 6 American Smelting & Ref... 94% 91 94 + 14 107% 96 110% 105% 7 Am Smelt & Refining pf 107 106% 106% % 49 33% 54% 46 3 American Steel Foundry 48% 47% 48% 109% 101% 112 108 7 American Steel Fdy pf 110% 110 110 1 61% 36 71 Vi 47% American Sugar Refining... 63% 60% b- % 99% 77 101% 91 7 Am Sugar Refining pf 96% 95% 9b% • % 28% 6% 24% 7 Am Sumatra Tobacco 10 7% 8 % 69 22% 56 28 Am Sumatra Tobacco pf 40 28 -2 + 1 43% 38% 47 40Vi 6 Am Telephone & Cable 41% 41 41 % 134% 121% 136% 130"* 9 Am Telephone & Teleg 136% 135% 136% 89 82% 93 85 7 Amer Tob new) 92% 90% 92% +l% 87% 81 Vi 92% 54% 7 Amer Tob B (new) 92% 89% 92% +l% 106% 101 106% 104% 6 Amer Tob pfd 106% 105% 105% % 115 106 112% 103 7 Amer Type Foudrles. 103% 103% 103% + « 107% 105% 108% 105% 7 American Type Fdy pf. .. 105% 105% 105% —2% 41% 24 53% 34% 1.20 Amer Water Wks (n) 53% 47 too% +2% 102 66 103% 95% 6 Am Water W& El par pf.. 1103% 103% 103* +- » 101 89% 103 100 7 Am Water W. Elec Ist pf.. 100 1100 100 % 4 78% 61Vi 64% 35% American Woolen 40% 36% 38 l i 102% 90 96% 75 7 American Woolen pf 79% 75 ‘ 5% 47* 4% 17% 2% Am Writing Paper pf 4Vi 3% 4% + 1 12Vi 7 12% 7% American Zinc Lead & 5.... 7% 7% 74 * 36% 24 39 24% American Zinc L&S pf 25% 24% 2o -1 48% 28% 48 35Vi 3 Anaconda Copper 36% 36 36% + % 22% 12 27% 22 Ann Arbor 24 22% -4 +l% 46% 25 56 40 Ann Arbor pr 56 50% 55% +4% 46% 25 35% 26 —< — Archer Dan Midland 33% 33 33% + % 91% 90 97% 90% 7 Archer Dan Midland pf... 97% 97 97% 94% 83% 97 90% 7 Armour &C 07% pf 90% 90V* 90% % 14% 6 12% 8 Arnold Constable &Co 9 9% 9 140% 79 193 128 6 Asso Dry Goods 188 182% 188 + 4 94 83Vi 99% 94 6 Associated Dry Goods Ist. 98% 97 198 +l% 102% 89 108 101 7 Associated Dry Goods 2nd. 105%1105Vi 105% —1 34% 27% 39% 32 1.50 Associated Oil (new) 36% 34 36% +l% 120% 97% 127% 116% 7 Atchison. Topeka &S Fe 120%1117% 118 —l% 96% 86% 96 92% 5 Atchison Topeka &SFe pf 95% 94% 95 Vi 5 1% 7% 3 Atlanta, Birmingham & At.. 5 4% 5 + % 162% 112 166 147% 7 Atlantic Coast Line 160% 153% 160% +7% 28 10% 46 20 Atlantic Gulf & West Ind.. 46 42 45% +3% 31% 12% 47% 31 Atlantic Gulf &WI pf 46% 42% 46% +2% 140% 78% 117% 95% Atlantic Refining 105 101 105 118 108 115% 113% 7 Atlantic Refining pf 115 115 115 +l% 11% 5 13 9% Atlas Tack 13 12 12H % 33Vi 18% 32% 23% Austin Nichols 24% 23% 24% % 8% 1% 3% 1% Auto Knitter Hosiery 2% 2H 2% Vi 16 11% 16% 13 Auto Sales pf 14 14 14 1 134% 104% 146 107 7 Baldwin Locomotive 113% 108% 112% + 1% 117% 110% 116% 109 7 Baldwin Locomotive pf 110% 109 109 IV* 84% 52% 84% 71 5 Baltimore & Ohio 75% 74 75% V- % f 66V, 56% 66% 62% 4 Baltimore & Ohio pr 63% 63% 63% 44% 39% 42% 35% 3 Bangor & Aroostock 40% 40 40-% + % 95 86 94% 90 7 Banger Aroonstook pf 91 91 91 23% 14 30 21 Barnsdall. Class A 22% 21% 22 17% 10 23 16% Barnsdall, Class B 17% 16% 17% + % 69 33% 53V* 39 BayuK Bro 3 40 89 40 72% 44% 74% 60 2.40 Beechnut Packing 66% 65 66% + % 62% 37% 53% 38% Bethlehem Steel 41 38% 39% % 97 89% 102 94 7 Bethlehem Steel pf new 95 94 94% + % 110 H 102 116% 109 8 Bethlehem Steel, 8% pf 110% 109% 110% 124V4 107% 133 120% 8 Brooklyn Edison Electric... 130% 128% 128% 41% 13% 45 35% Brooklyn-Man Transit 42% 40 41% + % 76% 48% 81% 72% 6 Brooklyn-Man Transit pf... 78 76% 78 + % 82% 66% 84 75% 4 Brooklyn Union Gas 82% 80% 82 % 76% 39 7974 64% 4 Brown Shoes 79% 73 76 +2% 99% 84 101 96 7 Brown Shoe pf 101 100 101 +l% 66% 40 92% 48 Buffalo. Roch & Pitts 92% 48 90 +37 66 40 92% 48 4 Buff Roch & Pitts odd lot. . 92% 49 88% +40% 87% 70% 98% 86% 6 BulTalo Roch & Pitts pfd.. 98% 87 98% +12% 87% 70% 99 87 6 Buff Roch & Pitt pf odd lot 99 87% 99 +l3 125 85 105 87% 7 Buffalo & Susquehanna... 87% 86 87% +2% 112% 95 103% 92% 10 Burns Brothers 102% 199% 99% +2% 29 19% 23V* 17 2 Burns Brothers Class 8... 121% 20 21 + l*i 67V* 62% 82V* 65 3 Burroughs Adding Ma... .• 81 79 81 +l% 73 60 110 86 5 Bush Terminal 108 1105 105% + % 9Vi 3% 8% 4% 50c Butte Copper & Zinc 5% 5% 5% % 25% 14 24% 9% 50c Butte & Superior 10% 9% 9% —1 25% 17 28% 17% Butterick Company 18 17% 18 + % 4% l 2% % Caddo Central Oil Ref % % % + % 106% 80 110 100% 6 California Packing 105% 104 104 —l% 29% 19Vi 32% 23% 1% California Petroleum (new) 29% 28% 29% +l_ 107 92% 116% 100 7 California Petroleum pf. ... 113 113 113 % 5% 2% 4% 2% Callahan Zinc & Lead 2% 2% 2% 58% 41% 58 45 2 Calumet & Arizona 47% 46% 47% +l% 19% 13% 18% 12% 60c Calumet * Hecla 13% 12% 13% + % 66% 62% 58 56 3 Canada Southern odd lot.. 57% 57% 67% I56Vi 142% 152% 136% 10 Canadian Pacific 145% 141% 145 + 1% 35 ]4 30% 24 Case (J I) Thresh Mach.... 30 29 30 +2 77 40 72% 60 Case Threshing Mach pf.... 72% 72% 72% + 1 21% 9% 21% 14% Central Leather Co 16 15% 16 58% 29V* 66 49% Central Leather Co pf 64 53 54 + % 295 199 321 265 412 Central Railroad of N J 280 280 280 —7 35V* 25% 47% 31% 2 Century Ribbon Mills 39% 39 39% 95% 91 98% 95% 7 Cent Ribbon Mills pf 96 96 96 66% 40% 55% 43% 4 Cerro de Pasco Copper 46% 45% 46% % 44% 24% 48% 40% ■' Certain-Teed Products 44 43 44 + + 87 73% 95% 89 l a 7 Curtin-Teed Prod Ist pf 95V4 94% 96% +2% 66% 26% 37% 28% 3 Chandler Motor 36% 34% 34% % 98% 67% 98% 89V* 4 Chesapeake & Ohio 93% 90% 93 -e 2% 10% 3% 10% 3% Chicago & Alton 6% 3% 6% +2% 19% 8V» 19% 5% Chicago & Alton pf 9% 6% 9V* +B% ;jg 21 86% 29% Chicago & East Illinois 32% 31% 32% + % 62% 37 574 40 Chi* Eastern Illinois pf.... 45 44% 45 V 4 15 9 Chicago & Great Western... 10% 9% 10% + % 31% 10% 32% 19V* Chicago & Great Western pf. 24 21% 23% + % 18% 10% 16% 3% Chi, Milwaukee &St Paul... 5 4% 4% V* 32% 18% 28' a 7 Chi. Milwaukee &St P pf... 8% 7% 8% % 76% 49% 75% 47% 4 Chicago & Northwestern.... 63% 47% 53% +4% 114% 100 117 101% 7 Chicago & Northwest pf.... 107 104 104% -3% 100% 79% 98% 80% 5 Chicago Pneumatic T 001.... 88% 83 88% +4% 50 21% 54% 40% Chicago. RI & Pacific 44% 41% 44 +l% 87% 65% 89% 82 6 Chi. RI & Pacific 6% 86% 84% 86% +l% 97% 76% 99% 92 7 Chicago RI & Pacific 7%.. 95% 94% 95% + IV* 67% 29 59% 33% Chicago. St Paul Min & 0.. 34 34 34 + % . 66% 49% + 2.4oehilds Company 52% 50% 61% % 38% 26% 37% 30% 2% Chiie Copper 32% 32 32V4 + V* 29 15 28% 19 Chino Copper 20 19% 19% % 71 68% 70 39% Clev. & Pittsburgh odd lot.. 70 70 70 75% 55 71% 68% 5 Ciuett-Peabody 63% 63% 63% + % 105% 100% 108 103% 7 Ciuett-Peabody pf 107 107 107 + I%’ 83% 61 107% 80 7 Coca-Cola 107% 99% 107% +6% 64% 24% 48% 32% Colorado Fuel & Iron 35% 33% 35% + % 49 20 65% 44% Colorado Southern 63% 60% 62% + 1% 66% 50 64 60 4 Colorado Southern Ist pf. ... 61 61 61—1 59 45 69''* 54 4 Colo & Southern 2d pfd.. 58% 58% 58% + % 48 33 62% 45% 2.60 Columbia Gas (new) 62% 56% J 61% + 4% 105 103% 107 104% 7 Columbia Gas & Elec pf 106%5105 105% + % 55% 39% 61% 45 4 Columbia Carbon 47 47 47 131% 43% 190 81% 4 Commercial Solvents, A 103 81% 97% + 7% 129% 33 189 81 Commercial Solvents, 8.... 102% 81 97% -*-41% 66% 32% 43% 25 3 Congoleuin-Nairn 27% 25 27% -r % 114V* 7% 17 2% Conley Tin Foil (sta) 3 3 3 + % .30 11% 32% 26% Consolidated Cigar 28% 27 27 —l% 84 59% 89% 79% 7 Consolidated Cigar pf 88 85% 86% —2% 3% % 9% 3% Consolidated Distributors. 6% 5% 5% 79 7 * 60% 797* 74% 6 Consolidated Gas new 79% 78% 79% + % 8 2% 5% 2% Consolidated Textile....... 3% 3 3% 69% 43% 70% 60% 4 Continental Can 65 62% 65 +l% 114 104'% 116% 114 7 Continental Can pf 114 114 114 —1 109% 89% 120% 103 6 Continental Insurance 110% 109% 110% +2% g% 6 10% 8V« 80c Continental Motors 9% 9 9 ™ 43% 31% 41% 35% 2 Corn Products Refining... 37% 35% 36% % 43 21 46 36 3 Crex Carpet 46 44 44 —l4 76 48 79% 64% 4 Crucible Steel 66% 64% 66% + % 97 86 96 92% 7 Crucible Steel pf 92% 92% 92% 38% 28% 33% 28 3 Cuban-American Sugar 28% 28 28 %.’ 18 10% 14% 10% Cuba Can Sugar 12 10% 11% % 71 % 63% 62% 47% Cuba Cane Sugar pf 52% 47% 49% -3% 8% 4% 6% 4% Cuban-Dominican Sugar.... 4% 4% 4% % 52 38 44% 37% Cuba-Dominican Sugar pf. 38% 37% 37% —B% 76% 56% 73 62 3 Cushman's Sons (3) 64% 64% 64% + % 74% 46% 58 50 4 Cuyamel Fruit 65V* 53 54% +l% 32% 6 7% 17* Daniel Boone Mills 2% 2 2% + % 69% 38% 49% 27% Davison Chemical 31% 27% 29% -3% 84 61% 97 82% 3 Deere &Co pf 97 96 96% +l% 139% 104% 165 133% 9 Delaware & Hudson 152% 148% 162 + 3 149 H 110** 144% 125 t7 Delaware. Lacka & West... 132 130 132 + % 48% 42% 60 36% Den. Rio Gr. & West pf.. 39% 36% 39% + 1 116% 102% 119 110 8 Detroit Edmon 1167* 116 116 - % - 103% 90% Dodge Bros pf w i 100% 96% 98% -1% FTNAN C T A L. THE SUNDAY STAR. WASHINGTON. D. MAY 3, 1925-PART 6 ' 1824 , , 1925 , Div. Week ending May 2. 1925. Net. . High. Low. High. Low. Bate. High. Low. Close. Chge. 20% 11% 16% 12% 2 Dome Mines 147* 13% 13% 13 9% 17 14 1 Douglas & Pectin 16% 16 16 % 142 112 154 134% 10 Du Pont de Nemours 146 140 145% +2% 96 85 97% 94 6 Du Pont de Netn 6% deb 97 96 97 + % 108% 102 107% 105 7 Duquesne Light Ist pf 107% 107% 107% + % 1147 k 104% 118 108V* t 8 Eastman Kodak 109 108% 108% - % 24% 8% 16 10% —— Eaton Axle & Spring 16% 14% 14% —l% 66 50% 70% 60% 4 Electric Storage Battery.... 64% 62 64% +2% 14% 11 10% 7V» Elk Horn Coal 8% 8% 8% % 3% % 27* 1% Emerson-Brantingham. . . 1% 1% 1% % 16 7% 16 9 Emerson-Brantingham pf. 9% 9 9—l I 73% 557* 72 63% 5 Endicott-Johson 66 65 66 + 74 115 106% 116% 112% 7 Endicott-Johnson pf 113% 113% 118% - % 35% 20% 34 27% Erie Railroad 29V* 27% 28% + 1 49% 28% 46% 35% Erie Railroad Ist pf 38% 36% 38% + 1% 4614 26% 43% 36 Erie Railroad 2d pf 36 35 36 + % 24% 18 19% 16% 1% Exchange Buffet 16% 16% 16% % 34 25% 38% 32% 2.60 Fairbanks. Morse &Co 36% 36% 36% + % 98% 61 103% 904 8 Famous Players-Lasky 100 96% 100 + 274 108% 87% 110 1037 k 8 Famous Play-Laskey pf 107% 107% 107% + 1% 122% 75 155 114% 17 Federal Light & Traction... 155 138 155 +l9 24% 6% 25V* 15V* Federal Mining & Smelt'g. 16% 16% 16*4 74 1 64% 41% 64V* 49% 7 Federal Mining & Smelt pf 64 52% 52% IV* 146 118 166 Vi 147% 6 Fidelity-Phoenix Fire Ins. 164 159 162 + 5 13% 9% 15 12 64c Fifth Avenue Bus 14% 14% 14% + % 106% 98 109 104% 8 Fisher Body of Ohio pf.... 108 108 108 % 13% 5% 15% 10% Fisk Rubber 14% 14 14% 7* 86 38V* 87 75% 4 Fisk Rubber Ist pf 87% 84 85% + 74 90% 44% 86% 75 4 Fleishmann Company...... 84V* 81% 82% + 1% 94% 66% 111% 89% 8 Foundation Company 111% 107 111 +3% 106% 104 104% 101% 7 Franklin Simon pf 103V* 103% 1037* + % 13% 7% 12% 8 Freeporl-Texas 12% 10% 11% + 7* 7% 3i» 1674 4% Gardner Motor 11% 7% 10V* % 63 85% 68% 45 3 General American Tank.... 45% 44% 45% + % 63% 31% 63% 42% General Asphalt 51% 47% 61% +3% 100 71% 100 86% 6 General Asphalt pf 91% 91 91 + % 160 93 147% 121 6 General Baking 129% 129% 129% - % 126 113 120% 119 8 Gen Baking pfd 120% 120% 120% + 1% 98% 82V* 101% 85 8 General Cigar 89 85 85 —4% 322 193% 320 22774 8 General Electric 272% 261% 270V* + 3V* 11% 10% 1174 11 60c General Electric special.... IIV* 11% 11 Vi 1 93% 80% 94 88% 6 General Motors 6% deb 91V* 91% 91% + 3 103% 95V* 10874 102 7 Gen Motors (7) pr 107 10574 106% + % 45 38% 57% 42 2 General Petroleum 61 7 i 497* 511* + 1% 65 31 6874 43 2 General Refractories 43% 43 43 —1 6474 4774 67 47 Gimbell Brothers 49% 48% 49% + 74 107 99 106% 1027* 7 Glmbel Bros pf 103V* 10374 103 7* 27% 21 80% 22% 1% Ginter Company 29% 28% 29 15 8 23% 12% Glidden Company 23% 16% 21% + 4V4 437* 28% 42% 37 Gold Dust 39 3874 38% -1% 387a 17 55% 36% Goodrich (B F) Company... 54 61% 63% + % 92 70% 99 92 7 Goodrich (B F) Co pf. . 97% 9674 96% -1% 90% 39 101V4 86% 7 Goodyear Tire & Rubber pf 95% 95'* 95% + % 10874 88% 107V* 103 8 Goodyear Tire & Rub pr pf.. 103% 108 103 V* 21% 12% 21% 13 Granby Consolidated 14% 13% 13% % 75 63% 71% 60 6 Great Northern pr 634 60% 63 +2% 39% 26 40% 27% 1 Great Northern Ore ctfa 29% 27% 29% + 1% 96% 83V* 994 91 8 Great Western Sugar 94% 93% 94% % 115 105 11174 107 7 Great Western Sugar pf 109 108% 108% + % 21% 10 1974 11% Greene C&nanea Copper —. 12% 12% 12% + 74 10% 4'4 6% 474 Guantanamo Sugar 5 4% 4% % 29% 11% 28% 23 Gulf. Mobile & Northern 28% 25% 28% + 1% 99 60 101% 89% 6 Gulf. Mobile & Northern pf J 94 92% 93% + 2 8974 62 947* 67% 6 Gulf States Steel 707* 67% 70% + % 95 87 89 68 7 Hanna (M. A.) Ist pf 62% 62% 62% + 1% 44% 31 3774 25% 2.50 Hartman Corporation 28% 2774 28 6274 324 437* 30 3 Hayes Wheel 35 34% 34% % 1017* 100% 104% 100 7% Hayes Wheel pf 103% 103% 103% 617* 487* 48% 45 4 Hoe Company 46% 46% 467* + 4 66% 36 60 43 t7 Homestake Mining 4474 43% 444 4 38 31% 87% 34% 3 Household Products 36 36% 35% + % 82% 61 86 69 Houston Oil 61% 69 60% + % 294 20% 30% 21% 2% Hudson Manhattan 30% 29% 30% % 64% 574 674 64% 6 Hudson Man pfd 67V* 66% 674 +l% 36 20V* 6474 33% 3 Hudson Motor Car 52% 49 61% % 18 11% 19V* 144 1 Hupmobile Motor Car 17 jg 1614 *, 10 3% 7% 6 Hydraulic Steel pf 77* 714 7% a* 1 117% 100V* 119% 111 7 Illinois Central 1124 111% 112 - % 1174 104 119 112% 6 Illinois Central pf 113 n. 3 113 + % ! 76 70 75 73% 4 Illinois Cent leased lines... 75 751| 75 + 17* 164 6% 337* 13% 1 Independent Oil & Gas 264 234 25% +l% 2574 15% 20 13 Indian Motorcycle 17% 15% 157* _ 2 7% 3% 10% 5% Indian Refining 8% 7% 8% + 4 48% 31% 50 38% 2% Inland Steel 40 38% 38% —l4 107% 1014 110 104% 7 Inland Steel pf 1074 105% 1074 + 2 .3374 224 32% 224 Inspiration Copper 23% 22% 22% - % 394 12% 34% 13% Interboro Rapid Transit 21 18% 20% +l% 8% 3 13% 7% Intern Agriculture 11% iov, 10% + % 61 88 62% 40 Int Agricul prior pf 50 49% 60 +lO * 118% 83 126 110 8 Internat'l Bus Machines.. 122% 119% 121% + 1% 69% 40% 62% 52 4 International Cement 62% 58% 62% +3% 39 22 44 31% 2 lnternat'l Comb Engine... 36% 32% 36 + 27* 110% 78 110% 96V* 5 International Har. new 108V* 103% 1074 +2% 1 115% 106 115% 118% 7 Inter Harvipf (new) 115% 1164 115% + % : 15% 6% 147* 10% Inter Mercantile Marine... 12v* 11 124 +l4 47% 26% 52% 39V* Int Mercantile Marine pf.. 43% 40% 42% +l% 27% 11% 30% 244 International Nickel 307* 29V* 307* + % 95 75% 99% 94 6 International Nickel pf 974 971* 977, % 60 34% 62 484 International Paper 67% 51 67+4 74% 62% 76% 71 6 Inter Paper pf stamped 74% 73% 74% + 214 18% 11% 257* 18 Int Rys of Cent Am 257* 23% 23% + % 63 44V* 65 69% 7 Int Rys of Cent Am pf 64 *64 64 + 7* 119 73 1354 108 6 International Shoe 135% 125 135% +lO% 94 66 97% 87% 6 Inter Telephone & Teleg.. 89% 88 7 4 89% + 74 374 1% 3% 14 lowa Central 2% 2 2% % 106 78 110 102% 7 Jewel Tea pf 1074 107'* 1074 % 127% 14% 214 16 Jones Bros Tea 184 16 17—2 52% 21% 69% 42 3 Jordan Motors 48% 464 47 fcil% 17% 40% 28% Kansas City Southern 34% 324 34% +l% 69% 614 69% 67 4 Kansas City Southern pf.. 67% 57% 67% % 1 4 IV* % t Kansas & Gulf % % % 38% 164 27% 18% Kayser (Julius) &Co 267* 22% 26 -t 3 *BS 9% 17% 1274 Kelly Springfield Tire* 17% 1574 16% + % 7874 40 53 43 Kelly Sprlngfd Tire Ist pf. 51 50 51 + % I 88 S 3 61% 41 Kelly-Sprlngfleld Tire pf.... 504 48% 49 % 104 76 101 88 6 Kelsey Wheel 96 94 96 +4 67% Silk 57% 46% 3 Kennecott Copper 484 46-% 484 + % 4% 1% 34 1% Keystone Tire & Rubber.... 2% 27* 2V* * 864 524 87 72 4 Kinney (G R) 75 747* 75 +1 4764 287% 632 355 8 Kresge (S S) Company 3854 355 377% -12% 114% 110 11374 1104 7 Kresge (SS)pf 113% 1134 113% +34 6274 42% 45% 31% Kresge Dept Stores 34 32% 34 +4l 30% 25 27 25 2 Kuppenheimer 25 425 25 —l% 96% 91 100 98% 7 Kuppenheimer pf. 98% 98% 98% + % 113 79 178 1104 8 Laclede Gas 170 156% 1697* +lB4 *174 8 15 -11% Lee Rubber & Tire 14 13% I3ir t + t* 86 39% 82% 69 3% Lehigh Valley 77% 77 774 - 4 68% 60 7174 67 t 4 Liggett & Myers 60 69 59 1% 68% 484 70% 55% t 4 Liggett & Myers (B) 594 584 5874 + % 121 115% 120 116% 7 Liggett & Myers pf 116% 116% 116% + 74 171 66 74% 6174 4 Lima Locomotive 644 63% 644 + 4 (25 154 29% 22 2 Loew’s, Incorporated 29% 284 28% 4 8% 5% 94 6 Loft. Incorporated 84 7% 7% % 84 60 97% 77 Loose-Wiles Biscuit 85 82 85 +1 404 33% 364 804 3 Lorillard, P 34% 347* 3474 4 109 87% 1174 106 6 Louisville & Nashville.... 110 7 4 109% 110% + 1% 3874 17 65 31% 2 Ludlum Steel 38% 37 37% —l% 106% 86 94% 79 1.60 McCrory Stores B 82’4 8274 827* —l% 106 100 107 102% 7 McCrory Stores pf 106 106 106 —1 184 14% 18% 16 1 Mclntyre Porcupine Mines.. +l7 167* 17 + % 119 107 117% 114 7 MackayCos.. 117 1164 117 + 1 69 644 69 66 4 Mackay Cos pf 674 6774 6774 + % 1184 75% 1524 117 6 Mack Trucks 1504 139V4 149% +54 1074 96% 109% 104 7 Mack Trucks Ist pf 108 108 108 1014 87 104 99 7 Mack Truok 2d pf 102 101 102 71% 69 84% 69% Macy (RH)&Co 81 76 80% + 4% 116 111% 1164 114% 7 Macy (RH) &Co pf 115 115 115 —l4 145% 264 444 34 3 Magma Copper 394 384 38% % 41% 18 37% 21% Mallineon &Co 28 25% 27% + 1% 98 78% 92 81 7 Mallinson &Co pf 904 90 90V* - 4 69% 45 534 60 6 Manatl Sugar 60 50 60 87 78 82 79% 7 Manatl Sugar pf 794 794 794 4 49% 334 69 424 4 Manhattan Elec Supply 62 61 51 174 514 304 614 324 5 Manhattan Elevated gtd.... 89 374 38 —4 44 264 30% 204 1% Manhattan Shirt 244 234 234 % 3174 28% 494 284 24 Manila Electric 48% 46% 47 IV* 374 24% 36% 264 Maracaibo Oil 26% 25% 26% % 13% 6% 10% 74 Market Street Railway 9 7% 9 71% 41 62 434 Market St Railway pr pf.... 49 49 49 —1 42 29 464 32% Marland Oil & Refining 884 35% 38 + 1% 17% 8 13 10% 25c Marl in-Rock well 124 114 114 87% 314 374 26% 4 Martin-Parry 294 274 294 +2% 68% 29% 74 51 Mathieson Alkali 72% 68% 724 +24 844 38 111 i- 74% Maxwell Motor. Class A 108% 1064 1074 - % 89% 104 894 334 Maxwell Motor, Class 8..... 864 83% 85 +8 115 *24 111% 101 6 May Department Stores.— 105% 102 105 +24 19 16 224 18 1.89 Metro Goldwyn Pic pfd... 204 19% 20+4 101 904 101 974 7 Metropolitan Edison pf... 984 984 984 + 1 25% 14 4 224 11% Mexican Seaboard 17% 16 17% + 1 26 20 24% 8% 1 Miami Copper 9% tB% 8% —l% 64 11% % Middle States Oil % % % 98 71% 105% 96 8 Midland Stl Pr pfd (8)... 101 1004 1004 + % 4 1% 4 2% Minneapolis &St L new 2% 2% 2% + 4 75 50 71 40 Minneapolis StP & SSM pf. 47 47 47 +4 34% 10% 404 28V* Mo Kan & Texas new 364 31% 364 +2% 76% 29% 87% 74% 6 Mo Kan & Texas pf new.... 83% 78% 83% + 5V* 34% 9% 41 30% Missouri Pacific. 35 33 86 + % 74 29 834 71 Missouri Pacifls pf 78% 76 78% +24 74% 614 72 64 4 Montana Power 72 66 704 + 4 110 1044 111 109 7 Montana Power pf 11074 1104 1104 48% 21% 65% 41 Montgomery Ward 60% 464 60 +2% 27% 17% 27% 22% 3 Moon Motors 26% 24% 24% - % - 78% 76% 79 77% 3% Morris & Essex odd lot 79 79 79 +4 94 6 94 6% 75e Mother Lode Coalition...... 76% 674 - % 184 9 21% 14% Mullins Body 18% 18 18% + % 894 2974 34 80% 3 Munslngwear 31 31 31 + 74 —— 42% 32% 2.40 Murray Body 36 35 35 - V* 204 96% 368% 193% til Nash Motors 364 350 364 + 8 104% 987* 106 1 03% 7 Nash Motors pf Class A 105 105 105 + '/, 104 3% 7 7 4 44 National Acme 6% 4% 4% —l4 774 604 76 65% 3 National Biscuit 67% 65 67% +l% 70% 44 78 65% 4 National Cloak & Suit 70 69 70 - % 100% 91% 104 99 7 National Cloak & Suit pf 101 101 101 (.444 30% 5474 42 3 Nat Dairy Products 644 60% 61% % 43 364 43 38% - Nat Department Stores 41% 41% 41% + 4 101 92% 102 96 7 Nat Dept Stores Ist pf 96 96 96 64 30% 684 62% National Distillers pf 67% 64% 66% + % (44% 18% 36% 25 Nat Enamel & Stamping.... 27% 25 27% % ■B9 67 89% 80 7 Stamp pf 81 80 80 —1 1694 123% 166% 139 142 138'+ 140 High. Low. Hifn. Low. Bat*. High. Low. Oloso. Che*. 6* B'i 6% 3* Nat Rwys of Mex Ist pr 6% 4% 6* + H 3 1* 2% IT4 Nat Rwjs of Mex 2d pf 2% 2V4 2%+ * 72* 64* 71 61* 8 National Supply 63<* 62* 68* - % 16% n% 16% n% Nevada Con Copper 12 11% 12 - % 121* 93* 123 113* 7 New Orleans. Tex A Mex 123 120% 121% 4- 1* 67* 45* 63* 62 6 Newport News Gaa A Elec. 63 63 63 * 87 76 96 82* 7 Newport News Oaa AEI pf. 96 98* 96 +1 67 36* 66* 43 4 New York All Brake 44* 43 43*— Tit 67 47* 67* 61 4 N Y Air Brake Claes A 63 62% 62% 37 23 39% 31% 2 New York Cannere 37* 36 36 * 89 83* 96* 95 7 New York Cannere pf 96* 96* 96* +l% 119% 99* 124% 113* 7 New York Central 117 114 116* +2* 128 72* 137* 120 6 New York. Chi &St Louis. 126* 126 125 93* 83 92* 88* 6 New York. Chi ASt L pf. ... 90* 90f| 90* + 1* 37* 19 31* 18 New York Dock 28 23% 27% + 1* 65* 41* 67 62* 6 New York Dock pf 66% 63% 66% +2* 102 96 101* 100 6 NY. Lack &Wn odd 10t... 101* 101 101* + * 33* 14* 36% 28 New York. NH & Hart 31* 30* 31* +l% 28* 16 27* 20% 1 NY. Ontario A Western... 26* 21 24* +B* 27 22 44* 40 N Y State Rail ways 40 40 40 - * 29 27 29 28 1% Niagara Fie Pwr pf (1%) 28* 28* 28* 29 12* 34 21* Norfolk Southern 34 26 80 +4% 133* 102* 134% 123* 7 Northfolk * Western 132 129* 130% + * 79 73 79 76* 4 Norfolk A Western pf 77* 76* *76* 46 22 49 41* 8.40 North American .. 47* 44% 47% + 2* 60V* 43* 49 46% 3 North American pf 48% 48* 48% + * 73 47* 71% 68* 6 Northern Pacific 61* 68* 61% +2* 9* 7 10* 8 1 Nunrially &Co 9* 9* 9* 8% 4* 7* 6* Ontario Silver Minlag 6* 6* 6*- * 30 18 23 18% Onyx Hosiery 23 23 23 +1 29 18 29% 26% 1.80 Orpheum Circuit 27% 27% 27% + * 98* 92 101 98 8 Orpheum Circuit pf 99* 99* 99* * 92 63% 118* 87% 6 Otis Elevator (new) 116*112 115 -2 I'll* 6Vi 11* 8 Otla Steel 10* 9* 10 - * 74% 44 66% 60* Otis Steel pf 66* 65* 66*- * 47% 39* 60* 42% 3 Owens Bottle 47% 45* 47 + 1* 40* 20* 50Vi 34* Pacific Coast 2d pf 48* 48* 48* +4* 105 90Vi 108* 102* 8 Pacific Gas & Electric 106 105 106 + * 10% 7 10V4 6* Pacific Mall 10 9 9* + % 68* 46 65* 52% 2 Pacific OH 68* 54% 67% + 2% 16* 9* 23% 16 1.20 Packard Motor Car 21* 20* 20% - * 102* 89* 109% 102* 7 Packard Motor Car pf 109% 109% 109% + * - * 66 44* 83* 64 6 Pan-American Pet Trans... 76* 71* 76* +2% 64% 41* 84* 63% 6 Pan-Am P Trans Class 8... 76* 71% 76* + 2% 4V4 1% 6% 3 Panhandle 3* 3* 3* + Vi 1% % 1* 1* Parish & Bing stamped.. 1% 1% 1% 35% 24 36* 28 Park & Tilford 28* 27* 27*- * - % 30* 18* 26% 14 Penn a Coal A Coke 13* 12% 12% -1% , 60 42* 48% 42* 8 Pennsylvania Railroad 44% 43% 143% + % 4Vi 1V» 3 1* Penn Seaboard Steel 1* 1* 1% * 119* 92% 121 112 8 People s Gas. Chicago 117* 114 114 + * 22% 9% 20* 14* Peoria & Eastern 16 16 16 + % 73 40* 72 62% 4 Pere Marquette 64 64 64 - * 67* 42* 67* 51* 4 Philadelphia Company 54* 64 64* + * 46* 42* 47* 45* 3 Philadelphia Co pf 46% 46% 46% + * 54* 34* 62* 88% Phila & Reading C A 1.... 39* 38% 38% - * 23% 11 16ti 12% Philip Morris* Co 14 13% 14 + % 88 44 90Vi 60 Phtllips-Jonea 63 68 63 + % 42* 28* 46% 36* 2 Phillips Petroleum 40% 38% 40* +l* 32* 19 23 18 Phoenix Hosiery 18* 18 18* —l% 94 82% 86 84 7 Phoenix Holsery pf 84 84 84 -1 16 6* 17% 10% Pierce-Arrow 15% 13* 14* * 54 18% 60% 43 Pierce-Arrow pf 65* 61* 54 —l* 95 69* 99 86 8 Pierce-Arrow prior pf. ..... 96 95 95 —1 4* 1* 3* 1% Pierce Oil 1* 1% 1% - * 36 20 40 26* PterceOllpf 33* 31* 33 - * 5% 4% 8* 6% Pierce Petroleum 6* 6% 6% - 1 - * 63% 47* 64* 37* Pittsburgh Coal 40* 37* 37% —2% 100 94% 99 80* 6 Pittsburgh Coal pf 86% 80* 80* -6* 140 140 140* 139* 7 Pitts. FtW * Chi odd lot. .. 189*. 139% 139% - * 63% 68* 63% 30 Pittsburgh Ter Coal 32 30 32 - 3 87% 83 88 81 6 Pitts Ter Coal pf 83* 81 82* + 1% 16% 9* 16* 12* t 1.20 Pittsburgh Utilities pf.... 13% 18* 13% 76* 38 73* 63 Pittsburgh & W Virginia.... 67% 66* 67% + % 103* 48* 118% 93* 4 Postum Cereal 116% 113* 115 + * 62 39 69 62* Pressed Steel Car 63 62% 62% —2* 43* 22% 32% 22 Producers & Refiners., 24 23 24 +1 ; 47* 42 47% 43* 3.50 Producers & Refiners pf 44* 44* 44* 95 93 6 Pub Service Elec & Gas pf. 93* 93 93% + % 70 89 72% 62% 6 Public Service new 68* 64* 68 +2% | 115 99* 112* 109 8 Public Service 8% pf 110*110 110*+ 1* 1151% 113* 151% 129 8 Pullman Co 134* 131 1131 -1% 67% 37* 47* 39* 6 Punta Alegre Sugar 42% 40 140 —l* 30% 20 33* 25* 1* Pure OH 27 25* 26* + % 66* 25* 77* 48% Radio Corp. of America.. 61% 67* 68 3 50 %5% 64 49% 3* Radio Corp. of Am. pfd... 61 50* 61 71% 64 71 70% 4 Railway Securities odd lot. 72% 72* 72% —l% 137* 106 141% 122* 8 Railway Steel Springs 124 123 124 + 1 119 113 120 114% 7 Rall y Steel Spring pf 116% 116*1 116% + 1% 33* 30 38* 33* 1.79 Rand Mines 88* 38* 38* + % 17* 9 17% 11% Ray Consolidated Copper... 12* 11% 11% % 79* 51* 82V. 69V* 4 Reading 79* 76* 78* + 1* ’ 66* 34 39* 35* 2 Reading Ist pf 39* 87% 39 +1 66 33* 44 36* 2 Reading 2d pf 41% 39 41* + 2* 74* 60 70* 63 Reis (Robt) Ist pfd 63 63 63 —6 54* 32* 72% 46% Remington Typewriter 67* 66 66* + % ' 110 90* 113* 108 8 Remington Typewr 2d pf. . 113* 108 1108 + Vi 1 28* 7* 23* 13* Replogle Steel. 14% 13* 14 + * | €3% 42 64% 42% Republican Iron & Steel 44% 42% 42% * 95 82 95 86 7 Republic Iron & Steel pf.. 86 86 86 22% 9* 18 12% 1 Reynolds Spring 14* 13 13% - % 79% 61% 78% 72* 3 Reynolds Tobacco. B 74* 74 74* + % 121 115% 122 119* 7 Reynolds Tobacco, pf 122 121% 121% + 1% 96 86 97* 91 6 Rossla Insurance 96* 93 94* 69* 40% 67% 48% 4.42*R0yal Dutch ctfs (N T) 50* 48* 50 + * 66 32 62* 42 Rutland pf 43% 42% 42% + % 45* 22 61* 39% 2 St Joseph L 48* 46* 48* + 1* 65 19* 76* 57* 6 St Louts-San Francisco 75* 72% 76* + 1* 82* 42% 84 76 6 St Louis-San Fran pf 81* 81 81* 65% 83 53% 44* St lamis Southwestern 47* 45% 47% + % 74 67* 76% 70* 5 St Louis Southwestern pf... 71* 70% 71* + * 88* 32% 108% 62* —— Savage Anns 69* 64* 66* + * 129* 96% 116* 108* *8 Schulte Stores 109* 108% 109* + * 114 105 115 110 8 Schulte Retail Stores pf.. Ill* 110 111* * 24* 6% 27% 20% Seaboard Air Line 27% 24* 26% +2% 45* 14* 45 35 Seaboard Air Line pf 45 40* 43% +2% 155 78% 172* 147* 6 Sears-Roebuck 165* 153 164 +ll 8 4 7* 6* Shattuck Arizona 6H 6 6* + % 42 33 45% 40* 2.06 Shell Trading & Transport 41V* 40% 41* % 22* 15% 28% 22* 1.40 Shell Union Oil 24% 23* 24* + * 99* 91* 101* 99* 6 Shell Union Oil pf 101 1100* 101 + 1 37 32 38* 31* 2 Simmons Company 36* 35 35* + % 101* 94* 103 100* 7 Simmons pf 102% 102% 102% +2* 24 10% 26% 19* 60e Simma Petroleum 23% 22* 23* + % 27* 15 24* 17 Sinclair Con Oil 19* 18* 19* + * 90 75 94v* 7g% 8 Sinclair Con Oil pf 83 83 183 —3% 29 17* 30* 21% Skelly Oil 26 23 25 +l* 84* 62 97 80* 6 Sloss-Sheffleld Stl A 1r0n.... 83 81 81* l* 96 80 98% 92* 7 Sloss-Sheffleld SAI pf 92* 92* 92* 95* 68 73 62 6 South Porto Rico Sugar 67 66* 67 +1 101* 96* 108 99% 8 South Porto Rico Sugar pf 103 103 103 6 106* 85* 108% 98% 6 Southern Pacific 104 102* 102% % 85 66% 95 77% 6 Southern Railway 95 g7* 94* -j- 5* 79% 78* 92% 83 6' Southern Railway pf 87% 85 87% -t- 2% 100 97 199* 99* 7 Spalding Ist pf 991* 9914 99V, + * 20 7% 19* 16* Spicer Manufacturing 19% 18* 18% + Vi 98* 78 97* 92 8 Spicer Mfg pf 97* 94% 96 —l* 41% 31* 47% 40Vi 3 Standard Gas A Electric..... 47% 45 47 +. 1* 63* 60* 4 Standard Gas A Elec pf.... 62* 62 62* + * 68* 65* 67* 56% 2 Standard OH of California.. 69 58 68% * 42* 33 47* 38% 1 Standard Oil of N J 42* 40% 41* + * 119* 115% 119 116% 7 Standard Oil of NJ pf 118 117* 118 + * 35* 13* 16 10 Standard Plate Glass 12* 10% 12* +l* 65* 55* 65 62Vi 4 Sterling Products 63* 63 63* + * 100* 48* 77* 65 6 Stewart Warner Speed 69 61 169 + 6V« 46* 30* 46% 41% 4 Studebaker 46* 44 46* + * 115 110 114% 112 7 Studebaker pf 114 114 114 12% 6 12 8% Submarine Boat 10 8* 9% +l* 8* 2% 6* 4 Superior Oil 4% 4 4 _ * 35 23 41% 19* 3 Superior Steel 20 19* 20 —3* 12% 12 11% 6* Sweets Co of America 77 7 + * 14% 6% 15 11% 25c Telautograph Cp 13 13 13 + % 9% 6% 9% 7% Tennessee Copper & Chem 9* 9 9* + * 46% 37% 49 42% 3 Texas Company 44% 48 44% + * 110 67% 111% 97* 7 Texas Gulf Sulphur 108% 103% 108 +2% 48% 19 68% 43% Texas A Pacific 52% 60% 62V4 16% 8 23% 11* Texas & Pacific Coal 15% 13% 14% + % 326 260 310 265 Tex A Pac Land Tr odd lot. 296 294 294 +B9 18* 8% 14% 7* Third Avenue 10 9V4 10 * 151 116% 162 122 4 Tide Water Oil 136% 130 136% +l% 41 31* 44* 37% H Timken Roller Bear 42* 40* 42* +l% 73% 63 80* 70 6 Tobacco Products 76 74* 76 +l* 93* 83* 99Vi 93* 7 Tobacco Products Class A... 99* 97% 197% - * 6% 3% 6* 3* Transcontinental Oil 4* 3* 4 36% 25* 35 25* 2 Transue A Williams 26* 26* '2s* * 66 39* 66* 68 4 Twin City Rapid Transit.... 63 63 63 43 36* 42 38* 3 Underwood Typewriter 40* 39 40* +l* 64% 33* 46% 36 Union Bag A Paper 43 40 42+1 39 36 43% 36* 1.80 Union Oil of Calif $6% gg* 35% + % 161% 126% 153% 133% 10 Union Pacific 134V4 139 + 3H 76* 70 76 73% 4 Union Pacific pf 74 73* 74 + 132* 94 128% 118* 6 Union Tank Car 123% 121 w i 23 * + j* 116% 106% 116* 113% 7 Union Tank Car pf. 116V4 n6 * 116 * + w 37 20 36* 24% United Alloy Steel 26 25 25 64% 42* 81% 60% *3% United Cigar Stores 66 64 t 4 65 * _j* 121% 71 123* 110* 6 United Drug 121 üB% 119 * _ * 63 46* 64* 62 3* United Drug Ist pf 53* 53* 53* _ % 224* 182 231 204* 10 United Fruit 2U 209 H 210 _ 2 £i 41 7% 29 18% United Railway Invest 27 27 27 % 64* 26* 71 48* United Hallway Invest pf. 6 6 65 66 -2* 169% 64 250 131% U S Cast Iron Pipe A Fdy.. 166 134 150 +l2* 104% 81* 112* 100* 7 U S Cast Ir Pipe A Fdry pf. 100* 100* 100* —l% 842 21* 89% 30% U S Distributing Corp'p... 33% 30* 32* 24% 16% 30% 23 2 U S Hoffman Machine 80 28* 29% + * 87% 61* 89% 76 U S Industrial Alcohol 89% 83 88* +3* 106% 98 108 106 7 U S Industrial Alcohol pf.. 108 107 108 +l% 143* 90 139% 114* 8 United States R A Imp i 39 u 13514 13914 + 14 143 100 138 122 Vi 7 U S Realty & Improvm’t pf 138 138 138 + 3 42* 22* 44% 33* 'United States Rubber 4 j* 39 49*4 + *4 96* 66* 97* 92% 8 U S Rubber Ist pf 95* 94*4 95H + 41* 18* 39 30 3 U S Smelting & Ref 34% 33* 34 46* 37* 46* 44 3* U S Smelting A Ref pf 44* 4414 4414 . y 121 94% 129% 112% t7 United States Steel 115% 112* 114% % 123 118% 126% 122* 7 United States Steel pf 124* 123* 123% + % 48 13 60% 26* Universal Pipe 30* 26 * 29* - * 79 47* 94 66* 7 Univsl Pipe A Rad pf (7) 70 66* 68% + % 388% 64 92 82 4 Utah Copper 83* 83% 83% - % 46 .16% 104* 41* Utah Securities 104* 81 102 +22 33* 19* 31% 26 Vanadium Corporation 26% 26* 26* - *1 80 63 66* 60 7 Van Raaltr- Ist pf 60 * 60* 60* + * ■lO% % 6 2* Vlrgmla-Carollna Chem.... 4% 4% + % ” 7 % 2* 1 Va-Carolina Chemical 8.. 2 2 2 34% 2* 20% 8* Va-Car Chemical pf 19* 17* 18 44 + m 72% \36 102% 64* Virginia Railway A Power 102% 98 101% +2% 15* 4% 15% 7* V Vivadou Inc 14 12% 18% % 69 61 88* 70 7 Vulcan Detlnnlng pt 70 70 70 —lO £24% 10% 26* 19* Wabash ..... 23* 2i% +l* FINANCIAL. CT'7 M **- ' • 1984 ' »It. Week ending May 2, 1928. Net. “**“• low. High. low. Kate. High. low. Clo»e. Ch« 60% 84 67 65% 6 Wabash pf A 63% 61% 63% +l% 20 14 19% 16% 1% Waldorf System (new) 16% 16% 16% 126 116 Ward Bakins’ Class A 117 116 116 8 ~ 100% 94% 7 Ward Baking Pf 99% 99% 99% % 127 47% 120 106 4 West Penn Co (The) 116% 110 112% +l% 97 87% 97 94 7 West Penn pf 96% 96 96 + % . 117 111% 116% 113% 7 Western Electric pf 116% H 6% 116% - % 16% 8% 17% 11 Western Maryland 13 n% jg + j 26% 16% 26% 16 Western Maryland 2d pf.... 19% 17% 1914 . tc, 186% 14% 66 32% Western Pacific 44% 86% 44 +7% 86% 68 100 84% 6 Western Pacific pf 93% 88% 93% +5% 118% 106 135 116% 7 Western Union Tele* 182% 180 182% 4- % 111 84 114 97 6 Westinghouse Air Brake.... 100 99 99—1 71% 66% 84 66% 4 Westlnghouse Elec & Mfg. 68% 66% 68% + 1 .17% 7% 16% 10% Wheeling & Lake Erie 14% 12 + iil 32% 14% 31% 22 Wheeling & Lake Erie pf... 26% 24 26% 4. 4;- 29% 23% 31% 26% 2 White Eagle Oil 26% 25% 26% + % 72% 60% 76 57% 4 White Motors .. 62% 60% 61% 4- % 6 % 1% % Wick wir Spencer • 44 44 28 4% 18% 6% Wilson &Co 6% 6% 6%+ 1- 72% 11 60 18 Wilson* Co pf 22 18% 22 4- BG 14% 6% 16% 9% Willys-Overland 16% 15 . * 88 61% 84% 72% 7 Willys-Overland pf 92% 189 90% 4- 126% 72% 125% 112% 8 Woolworth (new) 1128% 119% 123% I 181 23% 79%, 42% Worthington Pump 46% 42% 44% 76% 68% 76% 66 6 Worthington Pump pf 8.... 68% 67 69 23% 9% 23% 16 1 Wright Aeronautical 21 18 20 4- 1% 46% 35 62% 45% t 3% Wrigley (Wm) 48% 48% 4914 _ 86% 32 42 33% 2.62 Yellow Cab 36 36 36 172 69% 76% 63 4 Y'oungstown Sheet * T 65% 63% 63% —1» RIGHTS. 26% 26% 27% 17 Public Service, N J 23 20% 23 4. n 26% 22% 24V* 17% Reading Railway ]g 1744 j7»4 _ "j, Dividend rates as given In the above table are the annual cash payments based on the latest quarterly or half yearly declarations. Unless otherwise noted, extra or special dividens are not included, t Partly extra. OUTSIDE CORPORATIONS ACTIVE IN D. C. CONSTRUCTION FINANCING Local Companies Perturbed at 30 Per Cent Intrusion of District Territory'—Ailes Boosts Coming Bankers' Convention. BY < HAS. P. SHAKFFER. The irreproachable Intrusion of for eign (out-of-town) financial institu tions in the field of local construc tion financing is furnishing food for serious thought to not a few Wash ington concerns who specialize in first mortgage loans. So serious has been this instrusion of foreign capitalists that it is now estimated at least 30 per cent of the 5400.000.000 outstanding here in first mortgage loans are in the hands of out-of-town interests. First mortgage loans on District real estate by firms having character and experience, conservative apprais als, a substantial equity In each indi vidual property, careful supervision and provision for continuous reduc tion of the loan, have no superior in the investment field. There is a tangible guarantee be hind real estate securities as de scribed in the previous paragraph. There are no reorganization groups invoK-ing co-operation w-ith other groups, nor the various complica tions relative to the usual foreclos ures or reorganization transactions. ! Assuming good title originally, the! lending corporation can always in- ! spect a specific, tangible parcel of ! property and find comfort in the ! thought that the worst that can be- i fall him will be the acquisition of ' that particular property in fulfill j ment of his debt. Property acquired • under foreclosure by the conservative ' lender can usually be sold later at j a profit. Beauty Helps Property Values. To this genera] recommendation local first mortgages on real estate have the added enhancement created by the city's unparalleled beauty mak ing it a choice residential district; its prestige as the Capital of the great est and richest Nation on earth. Property values, always rising, have failed to depreciate as so long pre dicted; conversely, they continue to mount. The local banking fraternity, as well, would welcome a curtailment of the influx of out-of-town capital; especially at present. It would pro vide them with a ready and profita ble outlet for the superfluity of un employed funds which in manv cases is resulting in a direct loss to the Institution carrying same. Conservative first mortgages are attractive for the simple reason they are conservative. Statistics just made public by the Mortgage Bond and Guaranty Corporation, which deals exclusively in this class of security, show loans made amounting to only 49.9 per cent of the appraised prop erty value. There have been no fore closures. These figures cover the functions of the company since in ception, up to and including the close of business, April 30. Alles Boosts Convention. “It is highly desirable that as many of the officers and directors of the Washington banks attend the forth coming annual convention of the District of Columbia Bankers’ Asso ciation. as can be conveniently spared from their respective institutions," said Milton E. Ailes, president of : Riggs National Bank, yesterday in discussing the benefits which the banking fraternity here derives from these annual gatherings. , Before the first annual convention of the Washington bankers was held," , continued Mr. Ailes, “there may have i been some reason for doubt as to the justification for devoting the time and undergoing the expense involved but today, in the light of the actual re sults accomplished at the first con vention, which was held at Deer Park some six years ago, and subsequent gatherings, there +».n be no doubt as to the real benefits which accrue. . "The programs for the business ses sions are carefully prepared so as to cover the most vital problems that confront the banks, and with the great business expansion in the Na tional Capital during recent years. these problems have been multiplied \ ' Financial Highlights of Past Week Brought Out in Nutshell by Statistics - Special Dispatch to The Star. NEW YORK, May 2. This week. East week Stocks (average of 50 issues) 106 & 27 105.24 10E05 lOS^it Bonds (average of 40 issues) Th ' S S3 55 k ' Laßt '.^ r^ k ' Foreign bonds (average of 10 issues) ‘101.61 10155 Federal reserve ratio ‘ Thl *T? k - Last 76 w f k - Tea l a^- Money rates in New York: This week . I<ast w 8 , Month of Month of Month of tt an j i j Mar.. 1925 Feb.. 1925 Mar., 1924 Unfilled steel orders 4.863.56/ 5.284.771 7.403 333 Pig iron production ... 114.975 114,791 111 80J Building permits: **a.*v» Number of cities 356 365 . Amount $398,534,306 $282,228,926 $462,689,117 Commercial failures: ' Number... 1,859 1,793 lg Liabilities « $34,004,731 $40,123,017 $54 354 032 Revenue car loadings: Week Apr. 18-25. Previous week. Year sro All commodities 922,778 917.284 g 76 91fi \ Grain and grain products 31,693 31,108 36’794 * Coal and coke 145,319 149,371 135 703 Forest products 77.109 78,617 76’162 Miscellaneous products 359.715 357,705 3J4’96» Ore 20.602 16,609 liASI 11 i-ive stock 10,112 29,114 many fold. Facts and figures are carefully assembled in advance by competent committees and presented on the floor of the convention, so that those present may get a clear picture of the problem and take proper action. Valuable Reports Made. The annual reports of the various standing committees, which are pre sented as a part of the business pro gram of these conventions, are al ways of great interest to the "Wash ington banks. These reports repre sent months of labor by the members of the committees having them In charge and contain a wealth of in formation as to the various phases of hanking which every bank officer and director should carefully digest. “I think the efforts of the general convention committee to persuade a larger number of bank directors to attend this year's convention is a commendable one. The director who attends these conventions and listens to the reports of the committees and the discussion of the various problems under consideration is bound to come home with a better understanding of the work ofnhe officers of his own bank, as well as a fuller appreciation of his own responsibilities as a di rector. “Another benefit which should not be lost sight of is that derived from the close association with officers and directors of the other banks of Wash ington. These new contacts and new friendships which are formed at the annual conventions will go far toward bringing about closer co-operation be tween all the banks for better and safer banking practices.” Many Reservations Taken. W. J. Waller, chairman of the gen eral convention committee, reported yesterday that advance reservations already are coming in at rapid rate from bank officers and directors who want to be sure of procuring ac commodations. There appears to be little doubt that the maximum capac ity provided for—2oo—will be utilized. The Washington bankers, together with their wives and friends, will leave Union Station Wednesday eve ning, June 24, at 9:30 on a special all- Pullman train, arriving at Hot Springs at 7 the following morning. The return trip will be made Sunday night, June 28, arriving here Monday morning. The program for the busi ness sessions promises to be of un usual interest, while a number of novel entertainment features are being arranged. t All reservations should be sent to \ B. A. Bowles, chairman of the trans portation committee, care of the Po tomac Savings Bank, Georgetown. FOREIGN EXCHANGE. By the Asuociated Press. NEW YORK, May 2.—Foreign ex change steady: quotations, in cents: Great Britain, demand, 484 H; cables. 484^2; 60-day bills on banks, 480’*; France, demand. 5.23%; cables, 5.24t4: Italy, demand, 4.11; cables, 4.1 life; Belgium, demand. 5.07; Ger many, demany, 23.80; Holland, de mand, 40.10: Norway, demand, 16.61; Sweden, demand, 26.75; Denmark, demand, 18.71; Switzerland, demand; 19.34*4; Spain, demand, 14.55: Greece, demand, 1.85; Poland, demand, Czechoslovakia, demand, 2.9614; Jugoslavia, demand, 1.61 14 ; Austria, demand, .0014>4; Rumania, demand, .46 >4; Argentina, demand, 38.62; Brazil, demand, 10.70; Tokio, demand, 42V4; Shanghai, demand, 75; Mon treal, 100 1-32. FIRST DIVIDEND VOTED. NEW YORK, May 2.—The first divi- * dend pajtf by the Hale & Kilburn Cor poration since its incorporation in 1876 was declared today, a payment of 60 cents on the 7 per cent cumulative preferred. It is payable May 1 to holders of record April 21. At the close of 1924 accumulations on the preferred amounted to |46 a share.