Show I BONUS BILL IS NOT NOTS S EXPECTED TO PASS PASSU U n By WALT WALL ALT Now nv ew York Juno June 1 tocks 1 Stocks Stocks closed slightly lower to today a and quiet quie under the Influence of a 10 per cent celt call money rate In spite spie of or tho the advance of tho discount rate b by the federal r re reserve ro- ro serve aeMe bank call tun funds s were 6 per cent most of the day and only a few t be belated be- be hated Jated borrowers were ere compelled to topa pa pay at tho high price In tho th mornIng morning morn- morn in Ing thor there was some somo hesitation on ac account account account ac- ac count of ot tho the pM passage sago of ot tho the bonus bill bil by th tn House The Tho street has assurances assurances assur assur- ances from Washington that there thoro is no intention of or the th bill bi go through the Senate and even If It it I should hould slip through tho the Senate Senat the President is 18 pledged to veto eto it It So Bo Bothe the market was strong most of ot the da day and tho the final decline was not not considered considered considered consid consid- ered anything more than the tho usual profit taking Much interest wa Wt manifested In the motor stocks stocka and it was evident that pools Were ere accumulating them Tho The reason for tor this accumulation will wil be become become become be- be come known within a few days das c especially espe pe- pe In regard to General Motors Official announcement of oC March production production pro pro- ducton of ol tobacco In this country caused goo good buying of ot all al the tobacco stocks stock Tho The tobacco stocks were strong throughout the tho session The Te government government govern govern- ment figures show that are arenow arenow arenow now being made at the rate of ot a n. year ear in the tho United States States This ThiH is an increase of oC per cent In volume of ot tobacco output manufactured co and snuff 76 per cent over tho the output of or March 1919 1019 The Tho increase in the cigar char business is considered the tho most remarkable feature of oC the situa situa- tion Tomorrow la is the day that Pan AmerIcan American Amer Amer- ican Petroleum directors meet moet and nd Wall 1 street has been expecting thorn thom to declare a a stock dividend Flotation of ot the Belgian bonds is i not expected to Interfere with the tho general investment situation because the re redemption 1 re- re of ot those bonds will wi attract chiefly what is known an as nf money of ot adventure The lottery in these bonds is much more pronounced than in any outstanding issue al although although al- al al- al though the United d States Steel sinking fund fives have it I. I CHICAGO G RISES RAISES RATE RATEB RAT B By B H. H R R. R Smoot Co Wire Chicago Juno June 1 Federal Federal I-Federal Federal reserve I bank h has advanced It its I rediscount on commercial paper aper and Industrial agricultural agricultural agri agri- asI- asI I cultural and live stock tock paper as well wel I nB at trade acceptances from 6 to 7 per percent cent cent Rate Bate on bankers bankers' acceptances has been raised from rom 6 to 6 per cent Dow Dow Jones Co DIS DISMISS PROCEEDINGS By H. H R. R Smoot Co Coire Wire ire Butte Bute Mont tont June 1 l Judge Judge Bourquin Bour- Bour quin of ot the United States district court today today dismissed contempt proceedings brought b by the Minerals Separation company against tho the Butto Superior Mining company compan |