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St. Louis Globe-Democrat from St. Louis, Missouri • 25

Location:
St. Louis, Missouri
Issue Date:
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25
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st. gouis aiID april 1027. 2 5 1 RABBI SAYS TORAH IS ESSENCE OF JUDAEA! I GRAIN MARKET, I COMMENTS St. Louis Stock Transactions Wall Street Notes W4eat Prices Close Unchanged to Lower 1 -lobe Globe. Short Covering and Evening Up for, Government Crop Report Advances Values, After Easy Start Due to Weak Liverpool Market.

Daily trading 10 a. m. to 12 m. Saturday, 10 to 11 a. m.

FRIDAY, APRIL 8, 1927. -i Friday. Last Year. Total stock sales 2,948 Total bond sales. 824,000 The trend of wprices on the local stock exchange yesterday was lower.

Waltke common took three steps forward. Wagner preferred and Brown Shoe common moved up a fraction, but the others either lost ground or were unchanged. Sales were satisfactory, a little below 3000 shares, but far enough ahead of the 1500-share limit to make it look like a dim perspective. It is highly probable that the prices have reached a point where the demand will slacken, taking the list as a whole. In some instances profit taking may be expected, but the street Is of the opinion that whatever lull may ensue will not be of long duration as 'prices are holding firm in most instances and buyers are learning that a limit order cannot always be filled within a reasonable time.

April quarterly dividends are flowing in. money is cheap, business is in a 'fairly satisfactory condition. The report of the Credt Clearing House shows a betterment in payments and a decrease of indebtedness, with a decided improvement in the South. The margin against daily clearings in St. Louis as compared with last year is not as sharp as it was a few weeks ago and present conditions continuing it is to be exPeetedthat within two months the clearings will be neck and neck.

All of which being true. why should the market become weak or even languid? Points to Revival of Inter. est in that Book and Bible. Bible. The revival of Interest In nil Bible, the influence of the Torah on the whole system of communal life and moral order for the -Jews and its incalculable influence on the destinies of the human race were summarized by Rabbi Samuel Thur.

man at the 'United Hebrew Temple Skinker road near Wydown boulen. yard. last night. Rabbi Thurman. speaking on "The TorahThe Foundation and Essence of Judaism" In the first of a series of sermons on "The Best Seller." agreed with Bruce Barton when the latter termed the Bible "The Book Nobody Knows." and that It is still one of thn best sellers.

"Here lies a great human namtty. the desire to possesii some. thine which we do not altogether Understand," Rabbi Thurman asserted. "There is, however. a great no ticeable revival of interest felt everywhere in this great book of the ages." "The eternal verities of the Jew.

Ish faith. Gods omnipotence. rani. science and moral government of thn world, are all contained in the Torah." he declared. Rabbi Thur.

man then reviewed lasting inp. fluence the Bible has had on Judaism. both as law and doctrine and the whole system of communal life and moral order of the Jew. The Torah gave to Judaism lee very essence, for it upplied the instruction as to the holiness Its duties and its responsibilitiea, which instruction Is the essence of divine wisOom." he concluded. FORMER ST.

LOUISAN DIES IN CALIFORNIA John Hilligass of Santa a former St. Louisan, well-known among those engaged in electrical works died at the Sierras Sanitarium at Banning. yesterday morning after a prolonged nee. Hilligess left St. Louts seventeen years ago to go to Santa Anna.

He Is a brother of Frank E. ItilligasS of 8459 Wellsmar avenue. a veteran of the Spanish war; Mrs. Fannie Moss of 1225 Hodiamont avenue. and Miss Louise Hilligass.

superintendent of nurses at the University'Hospital at the University 7.olf Missouri. Columbia. In additiom he is survived by three children and a sister In Santa Anna, two brothers In Los Angeles. and a sister in His wife, Mrs. Katie Millgess.

a former St. Louisan. died seven years ago. Funeral services will be held In Santa Anna. BRAID( AT ST.

LOUIS. Poreign statistical news for the week promises to be bearish, as worlds shipments wilt be 20,000.000 or over. This caused decided weakness In Liverpool and gave our markets a lower start. The West and Southwest bad further rains. As far as could be learned no export business was put through, though liberal sales were reported.

and it was buying against this that gave the market its principal support. May closed unchanged. while July was Itic lower. The government report placink the condition 84.5 on April 1 was 2 or 3 points under expectations. In not giving any estimate of the abandoned acreage the report is of no great value.

Corn was helped by unfavorable weather, delay to spring work, light receipts and some improvement in cash. Closing prices were to a higher for the day. 1 I Bide and Offers. May to $1.34 bid; $1.353 to offered. July corn-10c bid; 811443 offered.

READY REFERENCE. SAMPLE WHEAT. on trackSteady. Fair demand. No.

1 red winter. S1.3111'1.314. No. 2 red winter, Garlicky at No. 3 red, A1.2912.

Heavy garlicky at $1.24. No. 5 red. garlicky at 51.2001.22. No.

I dark hard. $1.37. No. 2 hard winter, $1.36 nominal. No.

3 hard winter. $1.35. No. 4 hard winter, $1.33. No.

2 mixed, 60463 per cent soft at 81.31. i Sample grade. 51.04V11.20. SIMPLE CORN. on trackSteady to lc higher; fair demand.

No. 3 rnixed, 7Ic to 71C. 2 No. 4 mixed, 6Sc. No.

5 mixed, fitic. No. 6 mixed, No. 2 yellow, peed. SOc.

No. 3 yellow, 73c to 74 No. 4 yellow, to 7012c. No. 5 yellow, 67c.

No. 6 ft4c to 135c. No. 3 V4 tate, No. 6 white.

64e. Sample grade. 52c to 62c. SAMPLE PATS, on trackSteady to lc lower; fair demand. No.

2 white, 47c to No. 3-white. 44tic to 47c. No. 4 white, 42ttic to 43c.

No. 4 mixed. 37e. Sample grade, 3614c to 41c. Course of the active options at St.

Louis. recorded at fifteen-minute Intervals: (Hard) (lied) i May May May wheat. Wheat. corn. Hour Opening 12954 9 :4::, 135 10:00 10 15 11q4141' In0 19 10:45 1355413714 121t -1 1 :00 13514135.4 112.91.4,1.

11:15 1351i 11:30 1137N, 120i1.4. 11:45 ,13,514 112911-21 12 :01 1129qt 12 15 12 :30 1111,4 12 112434 1 :01 Ciosm 1129 1129 Iilw '134341111 112Pli 177 77 177 177 177 77 177 177 17 77 77 77 77 1T7 177 1133'413; 77 2 :30 tile 77 2:45 210:04, 117774 112 -r 9 1 lg ih '1 3Vkii 1 1,2931 4 ITT L.ow wroonri, livii tr Div. pd. per sh. Description.

4 American Credit Ind 10 9 'American Trust 7 A. S. Aloe pf se 2.50 A. S. Aloe corn 150 2 Baer-Sternberg corn.

7 Baer-Stenrberg 1st pf 8 Baer-Sternberg 2d pf Best-clymer "1' 8 Boatmen's National Bank. 3 Boyd-Welsh 2,5 8 Boyd-Richardson 7 Brown Shoe pf 2 Brown Shoe corn 60 7 Bruce Co. pf 2.50 Bruce Co. corn 7 Certain-teed 1st Pt 7 Certain-teed 2d pf 7 Curlee Clothing pf. Century Electric corn 173 Chicago By 3 Chicago Ry Equip'nt com SS 1 Consolidated Lead 10 8 Elder 1st pf 50 7 Ely Walker ist pt 6 Ely Walker 2d pf 1.25 Ely Walker com 234 8 Franklin Lank IS 12 I First National Bank 01 8 Fred Medart pf 11 2 Fred Medart corn.

Fulton Iron pf Fulton Iron corn 625 7 Globe-Democrat pf Granite-Bimetallze. 3 Hamilton-Brown 2.511 Hussmann RefrIg. 7 Iluttig S. P. pf 150 Iluttir, S.

II. eon, 6 Hydraulic-Press Brick pf Hydraulic-Press Bic com 1 Income Leasehold corn lb 7 Independent Packing es 1.30 Independent Packing corn 6 International Shoe Pf 4 7 International Shoe corn. 175 1.50 Johansen Shoe '2 Johnson-Stephens-Shin. 10 Iennard Carpet coin 25 5 Laclede GM; 25 24 Mercantile Trust 16 Mississippi Valley Trust Stores Pf 10 'Kennard Carpet corn. 25 5 Laclede Ca pf 25111 24 Mercantile Trust 16 Mississippi Valley Trust 8 Stores pt.

By Associated Press. 01110 Penn Ohio Edison Company declared an extra dividend of one-fiftieth of a share in common stock and an initial Quarterly dividend of 25 cents on the common, both payable May 2. Penn Ohio Securities Corporation declared an initial Quarterly dividend of 18 cents, payable May 3. J. G.

BvIrlAurus STOCK HOLDINGS Youngstown dispatches to Wall t4treet say Joseph G. Butler. a director of Youngstown Sheet and Tube, is now one of the largest. If not the largest. individual stockholder in that company.

C. AND W. I. NET LOWER The Chicago and Western Indiana earned $12.88 a share In 1926 against $17.30 a in 1925, net income dropping to from $865,000. UTAH COPPER NET GAINS The pamphlet report of Utah Copper Company from 1926 shows a rise in net profit to $13,809,310 from $11,103,504 in 1925, equal to $8.50 a share, before depletion charges, against $6.83 a share the year before.

After payment of .528.572 in dividends, surplus was $5,280.738, against $4,199,422 the previous year. The company produced 234,173,625 pounds of copper in 1926 and added 64.000.000 tons Of ore to its reserves. LAGO HAS 6000-HAR1tEL WELL Lego Oil has completed a well In Venezuela flowing 0000 barrels daily. U. S.

STEEL INGOT OUTPUT-- Ingot production of the U. S. Steel Corporation is now estimated at 96 per cent of capacity, a drop of 2 per cent from last week and 4 per cent under the rate two weeks ago. Independent steel companleaalso have reduced operations to between 84 and 85 per cent. The average for the entire Industry is placed at about 90 per cent against a slightly less than 92 per cent last week.

BIG STORAGE TANK ORDER, Orders for twenty-four 10.000-bar rel steel storage tanks for construction on the Pacific Coast have been placed by Pan American West Petroleum with Western Pipe and Steel Company and Llewellyn Iron Works. CEMENT PRICE CUT. International Cement Company has reduced the price of Icement 30 cents a barrel in Wilmington, N. and Charleston, S. C.

territory. CIGAR MACHINERY, FINANCING A three-forone stock glplit up by International Cigar 'Machinery Company -will be acted 'upon ID1' stockholders on April 19., it is proposed to change the authorized common from shares, WO par, to 300.000 shares, no par. WATER SERVICE; ERGER Pennsylvania State Water Corporation, subsidiary of Community Water Service Company. has completed negotiations for the purchase of the Uniontown Water Company. 1-niontown.

Pa. KRESGE HAS, 382 STORES S. S. Kresge Company reports that since the first of the year it had opened fifteen new stores in various parts of the coOntry, maks ing 382 now in PIGGLY WIGGLY SALES Piggly Wiggly Western Corporation's gross sales for the first quarter were $3,111,237, an increase of $1,327,203 over the same period last year. GOODYEAR FINANCING DENIED-- F.

W. Littlefield, president of Goodyear Tire and Rubber Company, today denied rumors that plans had been made for retirement of Its first mortgage bonds, debenture bonds and prior preference stock, and funding of accumulated dividends on the preferred. or that the Common stock was in line for dividend payments. The refinancing plan he proposed for retiring first mortgage bonds, debentures and prior preference stock had been opposed by a majority of common stock voting trustees, he said. and he had not been advised of any change in their position.

SE3IINOLE OIL OUTPUT. Crude oil production in the general Seminole area of Oklahoma established a new peak of 339.000 barrels in the hours ended at 7 a. tit, yesterday. 3000 barrels above the previous record output on March 31. Continued expansion in the Lima district helped the gain.

MOON CUTS P'llICES $SW-- Moon Motor Car Company has cut the price of all Diana models POO- TIN PLATE PRODUCTION Schedules of Youngstown Valley producers next week will show increased output.of tin plate, which sagged sharply this week. Sheet mitt schedules also will show improvement. New sheet and strip business isholding to recent levels, but 'no appreciable gain is reported. WELLS SUCCEEDS C. K.

Wells has resigned as vice president of the Liberty National Bank of New York to become president of the New England In' vestment Trust. succeeding Stanley W. C. Downey. Mr.

Wells will make his headquarters in Boston. PHILADELPHIA ELECTRIC NET president of the Liberty National Bank of New York to become president. of the New England In- Trust, succeeding Stanley W. Downey. Mr.

Wells will make his headquarters in Boston. 1 'HILADELPHIA ELECTRIC NET -1t1 '114 114,, t.80 Stores corn 2 Missouri I'ortlaind Cern 461 50 4012 491, 7 Moloney Electric pf 9 Nat'l Dank of Commerce A. 7 National Candy 1st pf 7 National Candy 2d if 7 National Candy corn 55 Du 9012 2.50 l'edigo-Weber 3 30 30 30 2.50 Polar Wave 7 Itice-Stix 1t pf 7 I 1.50 Itice-Sttx corn. 150 20 20 20' 6 1st pi' 2d pf 2 3 Scullin Preference 1() 38 38 8 Securities Invest. Pr, 2.50 Securities Invest.

corn. 2 Sheffield Steel In 28 28 28 120 Sieloff Ps60'1g 3 Sliouras Acid 7 Southwest rOell vf 111 116 115 115 1.50 Stix. Daer 4.50 St. Louis Amusement-- I St Louis Car pf 1 St. Lou'is Car corn 10 St.

houis Union Trust 'it. Louis Public Service 7 Union Biscuit pf 7 Wagner Electric pf St 80 81 'Wagner Electric corn. 475 23 2512 251,4 7 Waltke pf 2.40 Valtke Co. corn 12n 80 79 SO of) 475 12n 126 1125 126 111 114 111, 50 4 014 4914 9014 90 9014 30 30 30 4 20 20 20 381i 28 28 28 St S') 81 23 2511 80 79 80 fly Leased Wire from New York Doreen of the Globe-Demoerst. LACLEDE GAS VP 8 POINTS NEW YORK, April 8.A feature of the day was the trend of investment toward the fly shares, several of which worked into new high territory.

Laclede Gas stood out prominently as one of the strongest features of the day, rising more than 8 points. American Water Works. North American. Columbia Gas and Montana Power was responsive to buying of impressive character. K.

C. SOUTHERN RISES Shares of the roads involved In the Loree Southwestern combination were the leaders of the lower priced rails with Kansas City Southern in the van. Powerful buying carried the above mentioned issue to the highest levels in its history and gave rise to rumors of a dividend being near at hand. Simultaneous strength in "Katy" which moved into new high ground. also "Cotton Belt" was construed by some however, as probably foreshadowing an early and favorable' decision on the plan for the linking of these properties.

Kansas City Southern controls "Katy," which. in turn. controls the Southwestern. I AMERICAN WOOLEN SAG'S Speculators for the decline unlimbered their heaviest guns against the American Woolen issues which had been more or less neglected recently. The preferred stock was hammered down to new record low level ot and there.

was indication that considerable liquidation had been forced. Since the payment of the last dividend on the preferred the bear crowd has taken the view that the distribution probably marked the last for some time to come. The point was made that the company could not continue to draw on surplus to maintain payments as it has done since 1924. PACKING SHARES WEAK Further weakness in the packing company shares was cited as another concrete illustration of the discriminate character of the This Is another industry where considerable improvement In conditions would be welcomed. Packing shares.

as a group, were among the weakest features of the day with new low prices being established for virtually all of them. Wilson issue. Cudahy and all three Armour stocks. NICKEL AT NEW HIGH Standing out Sharply among the lower-priced International Nickel attrActed no little attention as it approached the record levels of 1917. This show of strength developed 1 widespread conjecture and with it came the realization of the companys position in the industry which it heads.

A further reason for the strength was found in the fact that its new big mine in Canada is now in production and is biggest deposit of its kind in the world. 1 RUBBER INACTIVE- For several davs report has been Current or an impending adjustment in tire prices. Tire and rubber rhares have been in demand, On the belief such predictions will be fultied. But apparently traders in crude rubber ere somewhat "up in the air." The 'tubber Exchange today had one of its quietest sessions on recOrd, with only one trade recorded during the entire orenoo n. Traders were disposed ta withhold nevr commitments pending more light on the tire situation.

BANK CLEARINGS. By Leased Wire from the New 'York Bttreau of the Globe-Democrat. NEW YORK, April S.Bank clearings in the United States for the week ending April 7 as reported to Bradstreet's Journal. aggregated agatnst $9,211,639,000 last week, and $10.068,647,00) In this week last There In here shown a gain of 21.4 per cent over at week and of 11.1 per cent over the like week a yearago. Following are the returns for this week and last, with percentages of change shown this week as compared with this week last year: (t00 omitted.) City.

April 7. Inc. March 31. New 'Fork 36, 956. OW 15 A $5, 456, 000 Chicago 711,400 7.4 612,600 Philadelphia 595,000 64 646.000 Boston 652,000 2.2 480,0 0 Nam Francisco 196,332 3.7 172,889 Pittsburgh.

184.673 16.7 I64.24 Los Angeles 186.685 11.4 168.041 Detroit, 2.5 156,987 St. Lciuls 140,50 LS 182,800 Kansas City 133,600. 9.9 Cleveland 131,487 18.5 113.317 New Orleans 68.800 51.401 Atlanta 48,567 25.2 44,542 Denver 11.0 77.477 St. Paul 29,104 SI 24.939 Oklahoma City 28,642 4.3 28.680 Memphis 20.161 3.2 19,792 Decrease. wood lumber Mills in the United States for the week ended April 2 were abreast or ahead of the preceding week in Production, shiptnents and the National Lumber Manufacturers' Association reports.

Considerable decrases in all three factors are shown in comparison with a year ago. Hardwood operations indicate slight decreases 'in production and shipments from the week before and a pronounced falling off in new business. Unfilled orders of 183 Southern pine and West Coast mills were 514,016,828 feet. against 526,860,948 the preceding: week. SEEDCountry $4.10 to $4.50 per 100 pounds: lot ottered yesterday (51 sacks) reported- sold at S4.10.

sToc PEASSouthern whippoorwill $1.85, 135 at $1.99 to $2.10 (near by less); new era at $1.75 to and mixed at $1. per busheldamaged less. SOY BEANSNominally per bushel: Yellow at $1.75 to $1.85. wilson-at $2.15 Virginia and mores at $2 to $4.10. black ebony and laredo at $2.

BUCKWHEATloast sale mixed at $2.12 per 100 pounds. DRIED FRUITSundried apples at be and chops at per pound; eundried peaches at 4176e to oc per pound. BEANS AND PEASHand-picked Michigan white beans $0 and prime machine-picked at $5.75 per IOU pounds. peas tic, green split peas at 8e and yellow at per pound. lima beans at $8.25 per 100 pounds.

HONEYSouthern bright amber at be to 8c and dark at Sc per pound. Near-by comb honey at $3 to $4 per crate. PECANSAverage nuts. 94 per pound. HENRY COUNTY RESIDENT SINCE 1866 SUCCUMBS CALHOUN.

April F. Munday. 83. a pioneer resident of Henry County. died at his home here yesterday.

He was a native of Putman County, and moved here In 18436. His widow and six children survive. Special Dispatch to the CHICAGO. April Lamson Bros. Co.1 "Corn at the moment is merely a trading affair.

W. C. Illniburdt "Recommend purchases of wheat on weak spots. although It might be advisable to accept profits on sharp rallies." Bartiett-Prazierf "News and underlying conditions show further strength In wheat Professional sentiment In corn still decidedly bearish." Logan Bryan: "Believe wheat trend irregularly higher. -avor purchases of corn on sharp declines." Jaehaon Brea.

"Wheat continues a trading affair. Deferred deliveries of corn getting better support on weak spots." A liberal export business in new crop winters was reported to have 14en Put through of late. according to cable. from abroad, but quantities were not given. Sales In all position for the day were placed at 400,000 bushels, including winters, durunxs and Liverpool closed to lower with a plower Cash Buenos Aires finished unchanged to higher with May 1127 and June 11.28.

Winnipeg closed unchanged to Vic lower. The trade look for worlds shipments for the week to be close to 20.000,000 bushels, which will compare with 18.180,000 bushels the previous week. Corn was fractionally. lower early, but buying by local professionals and short covering made a rally of gi lc from the inside figures. and the finish was well toward the top.

There was no material pressure on the market, and it responded quickly to the baying. Weather conditions over the belt were generally unfavorable for field work, and further rain is forecatsted. Spot basis showed little change. Buenos Aires finished a higher with May ti230 n. Scattered longs sold May oats early.

but the break brought in buying by each and commission houses and a rally followed but the aggregate trade was small, and prices held within a range of to for the day. Weather conditions were unfavorable for seeding. Houses foreign connections were sellere of rye futures, and with a lack of aggressive buying an easy undertone prevailed the greater part of the day. Little was heard regarding export demand. Timothy seed, 14.505.2.5:.

clover seed. Si9.50fa 36.00 per 109 pounds; flaxseed, 12.251-A per bushel. An easy tone prevalled in the hog market as well as that in lard and meats with a lower range. But new looses on lard were 2c and beWes 10e on May. while short ribs were be higher.

Trading was small. Liverpool lard was unchanged to 3d lower. Export clearances of lard were 169.000 pounds. liege closed 10c to 20c lower. with 000 head received at Chicago and 4000 are estimated for Saturday.

Western receipts were 76.700 head. against 63,592 a week ago and 65.967 last year. CHICAGO GRAIN FUTURES. Close I Clos Open- Fri- imure- ing. riligh.

Low. day, I day. t.1) in r-t------- 1----- May 134 Ian 190,4 134 July 12 ji2I 40a, 12614 Sept'r 1261A3i 1126 126 Lj4 1261 Cormi May .3174 721473 July Sli 7741, Seper Si Ili Oa ta May 144-744441it July 44Ii44144 Sever 4.311 434 i4.34 43V A it ria Rye. 1 May 103 10314 110214 103 1019 July .,95 EV i9414 1100tts ,10040 Sept'r. 195 .95 19514s Ilid.

tit eked. CHICAGO PROVISION I 1- Close Close Fri- Thurs- High. I tow. day. day.

Lrel. Lard. I May 1812.40 1112 32 11312.23 1112.27 uly 1312.55 $13.571. Seper .,11.2.20 $12.73 Juba. I May 8 July 113.773 314773 D.

8. 0. bellies I May $15.453 1 July I $1554) Bid. KANSAS CITY GRAIN rtreRts. ft' Close Tnu re- High.

Low. day. day. rsi. 12639, 1:1,41 1273it 14 120 121,11 12 a4R L9 119 111.at 14,14 lt4 73 7 3 14, 3 7614 176041' 7Ssto 179N 79 Wheat, 1 May i121410' 127t July 12114, 121)34 I.D Sepern.r 119 119-h, 111V34 I May 7314 73 7314 July .176 i7614 17ip4t 7se, Sept.ra'r 179N 79 7t1V1341 Biu.

"Asked. CASH GRAEsi AT ontER MARKETS. CHICAG 0Wheat Red--- No. 1, No. 2.

$1.334 No 3. $1.32. CornNo. 3, No. No 6, 661Sc.

YellowNo. 2, No. 4. 68608c: No. 5, No.

6. 66467c. WhiteNo. 2, 68c; N. 8, 08c.

OataWhiteNo. 2. 48cl No. 3, 4348c; No. 4, 3704 44c.

KANSAS 2. 81.36. HardNo. 1, No. 2, $1.30 1.32 No.

2, 8c; 734c; No. 4. No. 5, 67e. 1.

51.32 TA 1.34; No. 2, 51.29 qr 1.31 No. 3. $1.24 Ct 1.28 Tit. Durum rNo.

1. $1.43 tal.4.5 No. 2. 1.43; No. 3.

$1.3710,1.41. Corn MixedNo. 2. No. 3, 67469c; No.

4. 631415c; No. 5, 587760c. Yellow No. 2, 75(77c; No.

3. No. 4. 6SU70c; No. 5, 64067c.

No. No. 2. No. 3.

426143; No. 4, RyeNo. to $1.01. 1. $1.27 411.33.

No. 2. $1.30, No. 4. 1.27.

Dark hardNo. 1. $1.32 te' 1.33. CornMixedNO. 4.

63 tio 59 ,5 62e; No. 6, 5S c. Yellow No. 3. 094C: No.

4. 854 403S tic; No. 5. 64 e70c. WhiteNo.

3. 68c. Oats WhiteNo. 3, 43c. 2.

96c. TOLEDOCloverDomeetic cash, $27; imported. $17.25 ask: October, $17 ask. S24 TimothyCashOld. $2.45:, new.

April, May, $2.70. 1ATN-NIPEG WHEAT. PXTAL The PATCH TO Tilk WINNIPEG, MANITOBA. April S.The market was dull land reatureless today. withvery little doing, prices holding with-In S.

narrow range of c. Opening prices were a shade based on' the cables, which were a little weaker than due. There was no pressure, however, and early looses wore recovered quickly. Buying power 'Wan extremely limited. with no export business In evidence.

Final figure were a lower. New York reported a moderate -wheat business, with some Manitobas, red and hard winters worked; sales estlmated at around 300.000 bushels in all positions. Export sales Thursday were placed. at 1,600.000 bushels. In the local cash market there was an' excellent demand for all grades of wheat for the opening of navigation.

which is expected to take place next week. A number of boats. loaded last fall with 7,775.000 bueheis of wheat, are ready to clear at any time for both Buffalo and Montreal. and thie wheat has been Pretty well cleaned up. There was a small export -business overnight on direct offers.

World shipments are expected to be quite large again this week. as Argentine has cleared 6.416,000 and Australia 6.706,00o, while the shipments from North America are expected to run over 6,000.000 bushels. Europe continues to absorb large quantities of grain weekly. Weather in Western Canada continues cold. with snow flurriet.

The trade today in awaiting the United States Government crop report, due this afternoon. which is expected to corroborate the private reports, which indieated a winter wheat yield of 576.000.000 bushels. Closing cash prices: No. I Northern. No.

2 Northern. No. 3 Northern, 11.31: No. 4 wheat. $1-21; No.

6 No. fi what.14684c; feed, 8044c: No. 1 tough. $1.36 No. 2 tough.

111.3241,: No. 8 tough, 11.2414 No. 1 red durum. No. 2 red durum.

51.21. May. 51.40 bid; July. $1.38 bid; October. $1.27 bid.

METAL MARKETS. By Associated Press. NEW YORK. April 6.Copoew electrolytic spot and futures. SUL Tin Easy: spot and $68.75 June.

$66.75. IronStudy rind unchanged. LeadQuiet; spot. $7.25. ZincSteady; East Pt.

Louis spot and futures, 16.50. AntimonySpot. 113.60. By Associated Press. LONDON, April S.Standard copper-- Spot, i5s: futures, 155 10s: electrolYtlespot.

161; futures, '162. Tinspot. L36 Is 64; futures. 1298 12s 'I-tad-- Foot. U26 15s; futures.

f27 56. 120 15s; futures 130 2s 64. -FRUITS. APPLES-Demand slow and. except on extra fancy fruit.

the feeling weak, anything showing signs of scald being salable only at relatively low prices. Lots of 50 barrels No. IL wIllowtwigs (out of cooler) sold at $6. 50 barrels orchard run winesapa (scalded) at $3 to $3.50 delivered and jobbing! lots No.1 Illinois winesaps at $5 delivered. Car boxed apples at auction withdrawn.

Cooler barreled ben davis and gano at $3.50 to winesapa at $3 to $3: iwillowtwigt at $3 to $6. STRAW distributor Sold fancy Louisiana 24-pint cases in jobbing way at $3.50 to $0 (mostly at $6) and off condltion stock (some moldy) at 53.25 to $4.25. Express receipts (mostly 'Mississi)pi, few from Alabama) sold at $5.60 to $7.50 per 24-quart case 17 cases reported sold at $6 to $6.50, erase at $5.50 and 12 at $0 to $7.50. HONEY DEW MELONS-Argentin standard crates (6 melons to the crate) at $550 per crateGRAPES-Argentine black fermi bald at $5 per 20-pound crate. ORANGES-California navels at $3.75 to $5.75 and Florida oranges at $2.50 to $4.75 per box in jobbing way.

California. at $3.75 to $4.75 per box in jobbing way. LIMES-Dominican at 12.75 Ver 100. GRAPEFRUIT-Florida at $2.50 $4 per crate. BANANAS-In jobbing way loose at 4a40 and ink shippIng order at 50 per pound.

COCOANIITS-At $4.50 to $4.75 pal 100. Cod bowels at 14 per half-barrel OILS, ROOTS. ETC. 'LrNSEED lots ot 1 to 4 barrels at 12.3c per pound for raw and 12.70 for bolted. ROOTS-Per pound: Golden seal, lady slipper.

30e: Seneca, 50c; Plink. 32ct washed black. 10c; slay apple, snake. 42c: black snake, 15c; angelica, 5o; wahoo, bark of root, Sc; 3 bloodroot, tic; stripped blue flag. 12c; sassafras.

bark of root. be wild ginseng $1 4 15. transplanted let-10, cultivated $344.0: Ater root 42c; clack Indian hemp, tic wild ginger, 12e. Foregoing prices are for clean, dry roots, free of dirt and foreign matter. RUBBER, RAGS, rags $1.50 per 100 pounds.

Old rope-Manila at $2 common at $1. Rubber-mixed auto per ton; inner tubes, 41sie pew pound: rubbet- boots and shoes at 31 per 100 pounds. SCRAP IRON AND METALS-Per 100 pounds: Light i brass. heavy red brass, 18.5u; light copper, heavy yellow heavy copper and copper wire, $D); zinc. lead, tinfoil.

$45; $15; scrap troll la car lots at SS, per ton. FEATHERS-TO command full quotationAptook moat be dry and full-grown. Per pound: Prime white live geese. PI)e; prime gray do at 65c. Duck-White.

tiSci colored. 450. Chicken-Prime dry-picked body white. 12e: colored. 3 green or damp.

Chicken and turkey-Mixed tbody, be. Turkey-Body. white. full-fleeted. dry, 50c; white.

full-fleeced. green, 35e: body. colored, full-fleeced, dry, 4c; do green. 3c; mixed quills (tail, wing and pointers), 30. tad feathers.

Sc Tare 10 per cent on small bags. 3 per cent on large. SALT-Medium and granulated in ear lots $2.68 per barrel I. 0. b.

Louis. i GRAM AT Wheat market a liowed an easy tm- to, dertone early, with decline of to 73 from the finish of Thursday, but short covering and evening up for the government report due after the close made a rally, and the finish was unchanged to a lower with May showing the most strength. The latter closed at St.344 to $1.34 or 6c Over July. while beptember was Corn WOO 0 to higher with $1.26. May 73 to 74c.

July 780 and September 81 14c to St Oats were lower to higher with May 44c to 44o and July 440 to 4444c. Rye WOO 0 to 0 lower with May St .03 July $1.00 IA. and September 95c. SPECIAL DISPATC1 TO THIS Gtoss-Dsitocstac. CHICAGO.

April grain trade put a moderately bullish construction on the government report issued after the close. as the conditional figures were LT points below the average of private estimates and the crop suggested was about 15.000,000 bushels less than many had anticipated. The government. however. does not estimate the crop in the April report.

It would not surprise the trade to see a somewhat higher range tomorrow, although in view of the fact that the condition of crop is now probably higher than it was when the report was made it is expected that any bulge of consequence will bring in aggressive selling, as there are many bearish among the local element. No material break however, is looked for. and it is felt that should the export demand for new crop winters via the Gulf continue it would have considerable effect on the market. as the sales abroad are generally hedged by purchases of the July or September, and with pressure almost entirely of Jit local character, the market quickly becomes oversold. The cohdition of rye was placed at 80.5 compared with 86.3 in December and 80.2 last year, with the crop privately estimated at 49.000,- 000 bushels against 40,000.000 bushels harvested last year.

The figures on rye were about as expected. A trading market is generally expected in corn, with local sentiment decidedly mixed. Purchases of grain futures on the Chicago Board of Trade, as compiled by the Grain Futures Administration. follow: Thursday. Wk.

ago. Lae yr. Wheat 18.94)0.000 47.143.0a0 Corn 8.205000 8.8432.000 ts 1, 0:40,. 000 1, 341, 060 5, 150, OM Rye 1,538,000 1,115,000 809 000 I Close Close I Open- Fr Th i- Jog. 11 fah.

Low. day. day. 77-----' 17-----a 7714f July' SO '11--gl glAt Iterit 1E430' Bid. Asked.

closing prices, old style, 1926May corn. asked; Judy Corn. 740 bid. NO. 2 WARD WHEAT' FOR FUITRE DE- LIVERY.

i 1 OPerk- 1 nig High. 1 Low. Close. 134 113514v 11343i 134 Iloos close. May I13514o 11343i 11364 135ifie July 4111N- y2.Ett Fl id- tAsked.

Closing pricsi 193--Iday wheat. old style. 31.56,. NO. 2 BED WHEAT Tog FlUTVILE LIVERY.

I Pro- 1174m-tog. 1 'Low. I vious Cloos.I may tin ilic.12 1-10 July 1 I 1 1 sAitd. tAsited. Net Close.

Teat Itigh.Low.Close.chge.E1d.Asked. ago 52 52 52 52 53 51 164 167 165 103 3614 3614 3614, 3614 301,4 24 24 96 98 96 98 100 35 60 151 152 3914 39,4 3914 14 39 30 34 110 109 115 109 32 32 32 32 111 33 52 3614 3914 32 32 32 -t4 4 .11 33 43 106 111 991 305 101 1 113 115 25' '25-1i 29 38 13 13 13 13'11 13 100 300 100 100 113 108 90 901 87 35 35 35 i -1 35 351,1 2912 170 155 6 272 230 101 101 3011 31 53 1114 11 1114 1111 1112 114 116 112 I 3711 40 444.3 10012 102 23 341.6 72 SVes 41,1 5 4 16 I 109 111 107' 23 25 1091,1 10011 1091.1 109 110 110 174 173 1731iii 173 175 153 1 28 30 30 58 60 12 8 I 113 114 428 430 4'20 285 290 28511 1071-1 110 491,4 50 53 1012 10214 154 157 163 113 107 103 102 9012 491 74 30 3214 30 3:1 34 3:1 :...10614 108 100 10014 99 4 20 2314 90 S5 93 20,4 211,4 2514 38 3813 101 100 1011 4-6 40 41 I 28 2814 1 251 41 43L 48 4 115314, 316 112,1:1, 28Iu 30 -43 4(4 49 13 17 19 1912 SO St 725 2 25 25 21 112 111 105 3 80 82 1 41 and 1111 have been bought. which is more than one eightieth of the total issue. Waltko common climbed back into the eighties again. Backers of this stock allowed It to drop to 75 the latter part of March but since then it has been moving forward.

on the general principle that you cannot keep a good thing down. International Shoe common which shot, tin about 5 points Thursday. making a 1927 high, was off a fraction but it is significant that it clued at 173 bid and 175 asked. -National Candy held firm at 90124. Sale and closing bid.

It should be noted that at this time last year it Was selling at 74, but those who look back at the board will die Of regret. Another rarity in the market cropped up yesterday in the form of Elder first preferred an 8 per cent stock selling at par. Faith In the Wagner Issues not only does not wane but seems to grow stronger. CLEARING ROUSE COMMITTEE At a meeting yesterday of the Committee on Detail Operations of the St, Louis Clearing, House Association, Frank C. Hunt.

assistant vice president. First National Bank in St. Louis, was elected chairman of the committee; W. J. Bramman, vice president of the Merchants Laclede National Bank, was elected vice chairman.

and R. R. Tilley, manager of the Clearing House Association, was elected secretary. ELECTION All director Of the Missouri-Kansas-Texas Railroad Company were re-elected yesterday at the annual stockholders' Meeting in the Railway Exchange Building. The directors will be in New York April Is to elect officers.

directors: are: H. L. Gary, Kansas City; Samuel Fordyce. St. Louts; Columbus Haile, -1St.

Louis; L. F. Loree. New York; Charles D. Mlles, Neiv William P.

Phillips, New York: John W. Plat' New York: James I. Bush. New Yorg; C.1E,, Schaff, Houston. Stralem, New York: Arthur W.

Thompson, Pittsburgh: Mortis Rosenthal. New York; Sir William Wiseman, New York, and Willis D. New York-. Halles re-eleetion as president of the road is toiecast. He succeeded the late Whitehead upon the latter's death last December.

OIL. Total bu. 39.0Z,000 Ti.110,000 61,864.000 Range Id prices on bids arta offers. good all day Satorday, 'follows: ----Bids-- --Offers- High.Low.Olose. High.Low.Close Wheat- tl May 1.23 1.234 1.35 1.33 1.2..; 1.27141.r 1.271.29 1.2)041.29 Bid tAsked.

SePt. 12514 1.25 1.27 1.26 1.27 ii ITTERES-The market closed May .72 72141 72 74 74 .74 with May hard wheat unctisonged. but Mit) July .71 ry4, .75 .7814 a Data-- red was Isic lower and July hard off. may 43 4374 43 444 WI, .441, July red was again a blank. Julv .4402 .44 1i .44 .40, .44 With 'Liverpool cables weak and rtY-- May 1.0214 1.021.mi 1.o5 .104,4 1.05 with heavy rainfall reported throughout the July .99 .99 1.01 1.01 1.01 Southwest.

the market had a very pessl- Good all next week. mistic beginning, but with the rain-fall at- The Bitto----- -Offers-- at.Corn.Oate.Wheat.Oorn.Oats. letting I new-crop months 'principally, the may 1,30 ,71 .421,4 1.33 .75 .45 May deal was not pressed very hard and 'July 1.23 1 .76 .4344 1.31 .797,41 .4512 it held its own. The sellers were not able Local sentiment in heat was bearish to make much headway, as buying Power early on good rains in parts of the South- was encountered on dips, not a large de- west and on lower cables than due from mand, to be sure, but enough absorption Liverpool. but around $1.34 for May, there to cause holders Nome encouragement and wan buying by holders of bids, and Mao by discourage any bearish inclinations that shorts, which gradually absorbed the surmay have been existent.

The gent4al opin- plus in the pit. and it took but little buy-ion was that. aside from the quite favor- ing later to bring about a strong able crop reports and with the exception Bulk of tradeit however. was of a local of the idea that the crop report that was I tharacter. NVestern Hennas, dempite the to be published after the close -would bel heavy rains in other parts of the Mate bearish.

there was more in the situation to i has received little or no moisture so far stimulate rather than to discourage the Government report issued after the confidence of holders; stocks at terminal close showed a condition of ii 4.5, or noIrkeis are decreasing right along, con- i slightly under the average of private retracts stock of wheat are Comparatively turns and was construed as moderately small, export business shows every i i 8-gn 1 bullish. in December the condition was of stability and there are some prospects' 81.8 and in April last year 84.1. A of outside aid coming into the pit aooner1 prospective yield of 570.000.000 bushels or later. wheat is indicated, or the same as at this The market opened With May hard lie, season a year ago and compared with lower. May red lower and July hard i U7.000,006 bushels harvested in 1926.

off. The tone of the Liverpool cables was responsible for the easiness shown and the local market continued under this in- to 31.50, spring patents at $605; No. 2 fluence for the better, part of the first camon, na quoted (f. o. b.

Chicago) at hour, although a was added 4c, standard at 4c. No. 3 at Vac per to the opening value. A pretty good de- mend trooped up during the second hour pound bulk. RYE FLOTIR----Quoted in car lots in and Thursday's close was put on the board, Fancy white patent at $5.70, but at this range it appeared as if interest straights i ht at dark at $520, died down: no loss was scored, but the market for May hard steadied and no pure dark at $4.,, medium ar5.

Rye meal at ehange occurred thence to the close. May CORN MEAL-Standard meal in car red held steady until' shortly after the lots quoted at $1.75 and cream "meal at norm bell sounded and then a fraction was $1.85 per 100 pounds in 100-pound sacks; added, it continuing at this level the rest of small lots higher. the way, the close showing Ma hard lac MILLSTUFFS-13etter feeling for bran, over the opening and May red over. with offerings smaller and held more firm-CASH WHEAT-Received 37.800 bush- 1Y; gray shorts about steady. Hard bra eta, including 24 ears local and 3 ears nuoted at $28- and gray shorts at $311.20 through.

Steady. Demand fair. Order buy- to $31.75. Sales: 1 car soft gray shorta era, local mills and elevator interests late Thieetiday (to arrive. quick shipment) bought soft wheat, no one taking more at $31.50 local: also, mills direct sales than a few cars, but In the aggregate to so out-50 tons pure bran (April ship-there was enough buying to effect a good sacks got bran 2n a cars bran 2b9r ni 5a gray 0, 251) clearanre.

a Hard wheat firm-. Export grades 'wanted. shorts at $33. 1 split car gray shorts at Not much milling demand. No hard $33 and white middlings at $36.

Oat feed probably salable at $1.26. Lot Of quoted at $7.50. White hominy feed bushels No. 2 hard bought to arrive at (sacked) sold Thursday at 525.60, East $136 and 5000 bushels No. 1 hard on St.

Louis basis. private Premiums asked for West- ALFALFA MEAL-Quoted In new ern wheats generally somewhat firm-r. toacks: No. 2 at $21.60. No.

1 at $24. No. 1 red winter-6 cars (10'tz 60.7- choice at $27. pound 12 13,2 per tent moisture at HAY-Receipts 12 ears, Ineluding destination weights, 1 car 60- timothy, 2 clover mixed, 2 alfalfa and 3 pound 131ka per cent moisture at $1.31. prairie.

Steady, demand fair. Sales; No. 2 red winter-2 ears 504r59.3-pound Timothy-1 ear sample grade at 513, 1 13d14 per cent mOisture at $1.21. I ear ear No. 3 at $14, part car do at $15.

1 60.8-pound 2.7 per cent damaged at $1.31. car No. 2 at $18..1 car No. 1 at $21. WHEAT EtTURES---The market closed with May hard wheat unchanged.

but Ma) red was Ixic lower and July hard off. July red was again a blank. With 'Liverpool cables weak and with heavy rainfall reported throughout the Southwest. the market had a very pessimistic beginning, but with the rain-fall affecting I new-crop months 'principally, the May deal was not pressed very hard and it held its own. The sellers were not able 'to rnake much headway, as buying power was encountered on dips, not a large demand.

to be sure, but enough absorption to cause holders some encouragement and discourage any bearish inclinations that may have been existent. The general opinion was that. aside from the quite favor able crop reports and with the exception of the idea that the crop report that was to be published after the close would he to $1.50, spring patents at $665; No. 2 fluence for the betten part of the- first Semna hour, although a oli ou ted (f. 0.

b. Chicago) at --o ction was added A i to the opening value. A pretty good de- standard at 4c. No. at sAc per pound LOUR---uoted in car lot In man(' Cropped up during the second hour RI and Thureday's C10140 WILA put on the board.

1, but at this range it appeared as if interest jute Fancy white patent at 5.70, died down: no loss vi a scored, but the straights at $5.35. medium dark at $5.20, market for May hard steadied and no pure dark at $4.75. Rye meal at $4.75. ehange occurred thence to the close. May CORN MEAL-Standard meal in car red held steady until shortly after the lots quoted at $1.75 and cream "meal at noon bell sounded and then a fraction was $1.85 per 100 pounds in 100-pound sacks; added, it continuing at this level the rest of small lote higher.

the war, the close showing Mae hard Noc MILLSTUPFS-13etter feeling for bran, over the opening and May red 14c over. with otferings smaller and held more firm-CASH WHEAT-Received 37.800 bush- ly; gray ohorts about steady. Hard bran eta, including 24 ears local and 3 ears quoted at $28- and gray shorts at $31.25 through. Steady. Demand fair.

Order buy- to $831.75. Sales: 1 car soft gray shorta local and elevator interests late Thiolesday (to arrive. quick shipment) bought soft wheat, no one taking more at $31.50 local: also, mills direct sales than a few cars, but in the aggregate to go out-50 tons pure bran (April ship-there was enough buying to effect a good sments got bran 2n a catras2b9715ao clearanee. aek Hard wheat firm-. Export grades 'wanted.

ehorts at $33, 1 split car gray shorts at Not much milling demand. No, hard $33 and white middlings at $36. Oat feed probably salable at $1.36. Lot Of quoted at $7.50. White hominy feed bushels No.

2 hard bought to arrive at (sacked) sold Thursday at 525.60, East $1.36, and 5000 bushels No. 1 hard on St. Louis basis. private Premiums asked for West- ALFALFA MFAL-Quoted In new ern wheats generally somewhat firmer. omeks: No.

2 at $21.60. No. 1 at $24. No. 1 red winter-6 cars 60'0 60.7- choice at 627.

pound per tent moisture at HAY-Receipts 12 cars. Including 6 destination weights, 1 car 60- timothy, 2 clover mixed. 2 alfalfa and 3 pound 13 per cent moisture at $1.31. prairie. Steady, demand fair.

Sales: No. 2 red winter-2 cars 504r59.3-pound Timothy-1 ear sample grade at 213, 1, 13'14 per cent moisture at $1.31. 1 car car No. 3 at $14, part car do at $15. 11 60.8-pound 2.7 per cent damaged at $1.31.

car No. 2 at $18..1 car No. 1 at $21. 0 BONDS. Div.

pd. Net Close. Year per sh. Description. Sales.11igh.Low.Close.chge.tid.Asked.

ago East St Sub Co 91 0112 8112 St 1, Sub gen mort 55.. 80 83 80 United Railways 77 77 United Railways Houston Oil 1031.1 1031 M.P. -Down. No sales. Certificate of deposit.

IWeather Reports from Leading Cities 2 cars 58.258.8-isound 12.8(0.13.8 per Alfalfa-I car No. 2 at $19. 1 car No. cent moisture at $1.30, 2 cars 1 (dairy) at $28. pound light garlicky at $1.28.

1 car 61.1- Prairie-1 car N. 3 1 at $12. 1 car No. pound medium gariick weevily) it $1.26 (10 per cent 2 at $14, 2 cars do at $15. 1 car No.

1 t. at 17 A rot MOVEMENT OP GRAEN. No. 3 red winter-1 ear 57.2-pound 11.2 per cent- moisture (bright, starchy wheati at $1.29. 1 car 60.2-pound heavy WO omitted.) garlicky 6 per cent damaged at $1.24.

1 WHEAT. I CORN. OATS. No. 5 red winter-1 ear 58.7-pound me- dium garlicky (musty.

9 per cent damaged) I Rec.rhip. Rec.ISh'i.). at $1.22. 1 car 57-pound heavy garlicky (13 per cent damaged, 1 per cent heat St. Louis.

28 iool 63 20 48 damaged) at $1.20. No. 1 dark hard-1 car 61.2-pound No- Chicago 31 31i 10-3 104' 83 83 Minneap 127 8 5 17 38 41 62 brotska at $1.37. Nan. City 102 138 25 24 7 12 No.

3 hard-1 car 58.4-pound 14.5 per milwauk 11 206 1 10 108 18 358 cent moisture at $1.35. Duluth 141 No. 4 hard winter-1 car 58.8-pound Omaha 9 46' 67 55 60 24 34. 15 per cent moisture at $133. Toledo 17 aj 7 4 ll Sample grade bard -1 car 58-pound st.

if 23 17 4 per cent heat damaged 15 per cent Peoria I. 2 47 74 27 moisture at S1.20. No. 2 mixed-2 cars 58.8259-peund 60 1 86 42 62 21 211 Sample grade mixe(1-1 car a65 per cent soft at $1. 31 loading weights, 52-pound I SaltVore 14 40 Wichita 24 1) 1 I Detroit 5 2 2 41 distinctly low quality (badly damade, 18.2 Philad'a, 18 2 21 pt per cent moisture.

1 cent dockage) at Boston o. Gaives'n 29 CORN-Despite the fact that there were N't Newell 31 several, rather bearish expressions from New Or's $1.04. more or less prominent men in the corn New Vit. 10'll 1141 5i 101 trade prices at the close of the season were better than on Thursday. May adding SHIPMENTS OF FLOUR.

and Jul)" tAc. There was of St. 14,000 barrels; Chicago, 241.000; the very poor demand for shipment that Minneapolis. 37.000; Kansa)) City, Is prevailing. the failure of receipts to Peoria.

MOO; Baltimore, WOO; New York drop to a total that would arouse interest City. WOO. from those needing requirements and the STOCK OF GRAIN IN ST. LOtTS. slow consumptive demand, but it was all.

Wheat.r.8.13,024 bushels; corn. forgotten apparently, for when CORIMin-, sion houses took a small quantity of the oats, 30,4,352, rye, 8879; barley, 51,244. grain pricesmoved upward and shorts ran T. LOUIS GRAIN FICTICRFS. the very poor demand for sliipment that is prevailing.

the failure of receipts to drop to a total that would arouse interest from those needing requirements and the slow consumptive demand, but it was all forgotten appartntly, for when commission houses took a small quantity of the grain prices moved upward and shorts ran Rates of Return on Last Sale Prices of Local Stocks Yesterday 1 ClosIng Rate of Stock. Price. RaUrn. A Aloe common 3614 66 Ottwrican Credit 82 7.8 Shoe ...,...1 ZOIA 7.D Stet Shoe conunon nai 6 I (2011 Lead Zinc 4'1 Elder 1st () Illy-Walker common 34 3.6 l'ultoti iron continua llq La 4... clede Gas pf ,.,114 4.3 intertiotlonal Shoe Pt 6-6 (I do C0111111On i 1, I 4.0 Kennard Carpet comiltrin 7.8 Missouri Portland Cement 4.0 National Candy cotnuton 7.7 Pedigo-Weber Shoe i BO 8.3 Itice-Stix commun BO 7.5 Scullin Preference SS 7.

Shef field Steel 7.1 II a Shef ield Steek 28 7.1 Southwest Dell pf ILO Wagner ElectrIc pf. at S.s Wagner Eiectrio common 25-14 Waltke Soap SO 1.0 average rate of return On all stocks yesterday was 5.8 per cent per share. Average rate of return on stocks paying dividends yesterday was 8.4 per cent ptr abate. FOREIGN EXCHANGE-. 1 Foreign exchange was steady yesterday.

Quotations in cents! Country. 1emand. Cables. Value. Great Itrttalm.

14.S56 4.85'11 4.86 Belgium 138914 Italy 144 4.83 19.3 France 11.91 -01 9.8 Holland 39.9 40.8 Germany 23.6.41,a 40.8 Sweden 26.77 26.4 Norway 25.81 26.8 Denmark 26.67 Spain 17.70 Switzerland 19.8 Czecno-blovak 4.96 19.11 Jugo-Slairla 1.78 ISA Poland 11.4o Austria 14.124( 14.8 Greece 1.83 19.8 Argentina 43.8114 42.04 Brazil 11.86 SZ.45 Tokyo 0.93 43.8 Shanghai 63.26 RUMall ta .6341 19.8 Montreal I.00.08 100 1.1gures following aatertek are tractions in sixteenths. 1 KENNARD, COMMON AND OTHERS The "Welcome Little Stranger" sign was displayed on the local stock' exchange yesterday when Kennard common was offered And bought. This stock has literally not been on the floor since tha Union Station was built or the Eads bridge damaged by the cyclone. It 1 pays $10 a year. or 5 per cent semi annually, on a par value of $100.

At the close 12S was bid with no offers. It looks ast if another big push in rulton Iron common is imminent. In the last two days 100 shares tr, it CST A NG UNION OIL DIVIDENDI LOS ANGELES. The Union Oil Company of Cali-vestment fornia today declared its regular Quarterly dividend of 50 cents a share. 4.

COUNTRY PRODUCE. CRASS SEEDS (per 1001 pounds) Net income of Philadelphia Elec- noomaiontaiti.szeadsooditoernettettopaeantedseiti quotations trio Company for 1926 rose to Timothy at $4 to seed $9.410,131 from 7,316,869 in 192541eosus; clover at $23 to 530 for average This is equal a share on seercruss)lotusp (thoess.v3ity the common. against 2.03 a share seed; aisike at $25 to 531: redtop, $14 to the 'year before, after preferred 121.50; hog millet at bulk; dividends. They preferred stock sudan grass (recleaned) at has been retired. German Inniet at $2.35 to 53.00 sacked; run at UNITED STATES DEPARTMENT OP AGRICULTURE.

WEATHER 131.1REAX.7.e Observations made at 7 p. April So VOth meridian time. sit all stations: Stations, 7 Dir. Pre. LOUIS.

MO. ii 0 Cloudy .111 Abilene. Tex 22 kg Pt cloudy 8 Atlanta. 641 68 Cloudy SO Atlantic City. N.

J. 60 94 Pt cloudy SW Baltimore, 60 64 Cloudy 8 Bismarck, N. 44 Cloudy EIS Boston, 40 46 Ciear NW kluffalo, N. Y. 32 42 Clear 1 111..

63 74 Cloudy SE CalitarY Alberta Z6 '44 Cloudy Cheyenne. Viyo 14 60 CI.a 8 .4 Chicago, Ill 44 44 Rain .01 (incinnati. Ohio 48 64 Cloudy .10. Cleveland. ()hit) 46 62 Cloudy Columbus, Ohio 48 48 Rain FE Concordia.

Kan 64 66 Cloudy Corpus Christi.Tex 76 82 Clear PEI Davenport. la 42 42 Rain, 111 Denver, 64 8 Clear 8 Del McAllen. 44 46 Cloudy Detroit. 43 44 Cloudy -ise Dodge City. Kan-.

64 '70 Cloudy -FE El Paso. Tex 60 64 Clear Fort Worth, Tex 84' 64 Clear FE Galveston, Tex 4 78 Cloudy SE Green By Wis. 34 40 Cloudy NE .6 Helena, 40 44 Snow NW Huron, S. 48 14 Cloudy FE Ind 44 63 Rain- Jacksonville. Fla 74 63 Rain NW' 6 Kansas City, Mo 60 Cio Pt cloudy NE' .01 Littl Rock.

Ark 61 66 Cloudy 8 .66 Los Angeles. Cal 66 66 Clear 8917 Louisville, 14 64 Cloudy NE; .01 Memphis. Tenn 64 16 Cloudy 8 .66 Miami. 74 78 Clear Minneapolis. Minn 43 42 Cloudy SE Nashville.

Tenn 76 Fs) Cloudy SW Now Oritaxis, La 78 82 Clear New York City 60 64 Pt cloudy 'Oklahoma City. O. 74 Pt cloudy Omaha, 61 68 Cloudy 00 Palestine, 92 Clear 8 Pa 42 66 Cloudy Pittsburgh. Pa 60 64 Cloudy Portland, Ore 44 46 Cloudy NW Pueblo. 64 72 Cloudy OW St.

Joseph. 61 60 Cloudy Salt Lake City-- 46 64 Cloudy NW .11 San Antonio, Tex 84 :26 Clear SE an Francisco, Cal 60 64 Cloudy NW .14 Seattle, 44 46 Pt cloudy Ist .02 Shreveport. 69 4 Clcar ea Sioux city. la 62 62 Cloody Springtield. II tr4 24 Rain ..4 Springfield.

62 64 Cloudy NE .02. Toledo. Ohio 44 Cloudy Vicksburg. Miss C4 63 Cloudy SE 1.111 Washotgion, D. 44 60 Cloudy SW Wichita, ft 70 Cloudy FE ea Winnipeg.

Man. 3,6 36 Cloudy F91; Yellowstone Park 32 40 Cloudy The maximum tentperartire and tha elpitallen ore tor the ta-eiva hours ending at 7 p. 124 "Trace. ot les than 1-1104t11 442 to covert the result being quite a firm market the end. The day opened with May I4c lower and July lower; this in sympathy with the easiness in wheat futures, but no further loss occurred, as holders became very stubborn.

Prices held stationary until the forenoon had almost passed and then began to work -upward, the return of firmness in wheat causing a fair demand in this cereal. Shorts were finally forced to eover and the latter part of the day witnessed fairly active trading and quite a firm market. the close showing a profit on the day of in both deliveries. OAT5--Thers was nothing done in Oats futures. FLOirlt--Dull and unchanged; new bus-Mess difficult and light.

Sales: 300 barrels high soft patent at $7.90 in 98-pound cotton. 500 barrels soft (various grades). 1 ear hard and 200 barrels on private terms. Quote nominally new jute basis: Soft winter patents at $6.25 to S0.75 and special high brands at $7.90 to $8.15 in cotton, 93 per rent at $5.80 to $3.75, straights at $3.40 to S5.50. extra fancy at $5.10 to $15-30.

clears at $4.83 to $5 low grades. at $4.60 to $4.90: hard 35 per tent at $5.65 to $8.30, straights tt550 to $5.75. first clears at 5i.b5 to $5.25,, low grades and second clears at Ili WARD BAKERY EARNINGS---- Net profit of Ward Baking Corporation for thirteen weeks ended March 20 was $640,328. against $830.853 for the first twelve weeks of 1920. COLUMBIA GAS NET February gross earnings of Columbia Gas and Electric Corporation were $9.350.962, and for the year ended February Net incothe available for the comstock was Preferred stock of the old Columbia Gas and Electric Company, which is to be dissolved.

has been called for redemption on May 15 at $115 a share and accrued dividends. GRAIN CONDITIONS BETTER-- Improved conditions among farm ers in the grain growing regions nre ladicated in a report, from the Nichols Shepard manufacturers of grain harvesting machinery. Fly Assnri Ft ed Press. Olt, CITY. April bal- LUMBER ORDERS DECREASE-- sere, S3.0.3 jtutis, barreis; okver- NEW YORIC.

April 8.Opereage runs, 40361. Shipments, bar- rels; average shipmenta. 43.744. tions 1 Of 316 of the chief soft- 1 LUMBER ORDERS DECREASE-- NEW YORR, April 8.Opera- 1.

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About St. Louis Globe-Democrat Archive

Pages Available:
933,778
Years Available:
1853-1963