Evening Star Newspaper, January 4, 1921, Page 22

S mwe . s P - INVENTORIES MUST BE AT 1921 LEVEL Richmond Reserve Bank’s - Orders to-Local Institutions. = Wa_shington Gas Firmer. BY 1. A. FLEMING. The Richmond Federal Reserve Bank has served notice on local bank- ers that in sending down commercial vaper for rediscount. when accom- vanied by new statements of condition from makers of the paper, it will be necessary that all inventories shown in statements be made at the market prices of today and not at thosc of jast year. This may be taken as an indication 1hat the officials of the bank consider that the final liquidation period has not been passed; that there are still <ome further settlements necessary hefore the clouds roll away. There have, however, been but vary few returns of commercial paper sent down by Washington banks for re- discount, a fact that bankers say re- flects the satisfaction of the Richmond institution, with the statements of the | /70 merchants of this eity. The request for new slatements of condition, is but an evidence of the watchfuln: of the federal reserve banks of the-country on the process of liquidatfor and the slow. but grad- ual recovery from unfavorable condi- tions. Local Securities. There were some evidences of rein- vestment of dividend and interest 1 securities today, but no great activity. 1 Washington Gas was the most active stock, but here only eighty-three shares sold all told, round lots at 38% and a few odd lots at 38%. Lanston developed one of its weak streaks without especial cause, selling at 75, and was offered at that figure, with 74 bid. Since the demand that advanced it some weeks ago into the 50-82 price. there has been but one or|Beth Steel 8% pf. iwo sales made. Mergy in the meantime is steady at|Bklyn Rapid Tr. 0. Capital Traction weak at §2';. Chanee to Buy Stoek. The directors of the Northwest Sav- ings Bank, with a view of permitting employes to share in the profits of the Caddo Oil. bank, set aside a block of stock, giv- ing needed time to complete payments. All of the employes purchased stock to the extent of their ability to carry it. The new building of the Northwest Savings Bank has just been completed, and is one of the most ornate and at- tractive of local banking structures. UPWARD TREND OF * BONDS CONTINUES Libertys Lead Way in For- ward Movement—Foreigns Also in Pace. NEW YORK. January 4.—There was no letup today in the forward tend- ency of the bond market. The power- ful_investment movement which set in just at the close of 1920, and which has been steadily develobing since then, kept on, the buying coming from all directions. Liberty bonds led the ‘way up another half to three-quarters of a point all the way around. Since the stoppage of tax selling this group hes gained fully two points. ‘The improvement has been equally United Kingdom #\s of 1937 rose Paris 6s. which were. recently down around 91, got up to %4%. City of Lyons and City of Marseille were aiso stronger. These French city bonds were helped by this morning’s report that French government representatives now over here are at work on a pi turing in the United Stutes during the current year. This will require $75,000,- 000 to meet the Paris loan and $25.000,- 000 to provide for that fon of the French cities which were sold in this country. Seme Notable Features. Among the industrials there were several notable features. One was ihe active demand for Westinghouse Electric 7s, which carried them up ‘0 95%, or nearly 2 points above their recent low. United States Rubber 73%s got up to 97 after opening at 96, and the Rubber 5s gained another point to 77. Steel sinking fund 58 were higher at $2% and Chile Copper ¢ were active and strong up to 67. Traction bonds were certainly not . A e — . o A e A . helped by the failure of the new Gov- | Insph ernor of New York on announcing his plan for a single commission to deal with New York traction affairs to say anything on the fare question. + Railway bonds maintained their previous rise and some of them went higher. mand at a point advance to 70%. Wabash first 55 got up to 85. Big Four 6s, which less than 2 week ago were quoted at $6, sold at 90. Erie general liens were bought on a ris ng scale from 42 up to 43%. . SEEK 'TO CARRY LIMITED PHONE CALLS FORWARD Cigizens Want Right to Make Calls Not Used During Month at . Some Other Time. When the Public Utilities Commis- sion holds a hearing at the District building at 10 o'clock on Januery 1% on the petition of the Chesapeake and Potomac Telephone Company for con- tinuation of existing rates, spokesmen for citizens’ associations probably will renew request for the privilege of carrying forward from one month to another unused calls on limited tele- phones. The. telephone company at one time sold limited service on of besis 500 calls a year, but during the war |Mo this was changed to a basis of fifty calls a month. Under the old system a limited sub- scriber who used forty calls in Jan- uary could use the remaining ten in future months of the year, the only stipulation being that he keep within 660 during the twelve months. ° NEW FINANCIAL. Received by Private Wire Direct to The Star Office. — Open. High. Low. 2:55. ANMams Express. Pierce Oil. w% uf Adv Rumley. ... Plerce Oil pf. u% e Adv Rumley p: Pitts Coal. 8% E8% *x Rubber. Pitts & W Va. 0 s0% jaska Gold . Pond Creek Coal. . 13 Alaska Juno. od Steel Car.. 823; £2% &% &% Allled Chemfcal. Public Servof NJ. s 6 Allis Chalmers 0615 108 AA!’: Agr Chem..... 59% - :% gx Bank Note.... 48 & Am Ree L.oaSK deh 45 % | Rallway 8t1 Spr... oY% 6K el o L s1% 61% | Ray Con Copper... 2% 12% Am Brake Shoe. 5 nE N A Gan vt Readiug 3dpr...... s & Ara Car & Fay. Remington Typr.. % W o% Am Cotton Of1. Depionie finel AU % Am Druggists. re Iron & Steel.. 63 &'y &l 6% Am Express. ROD Motor Truck. . 19% 19% 1% 19% Am Hide & Lea SeyuDuteh...... &% 64 604 6% Am Hide & Lea pf. 8t L“!Bh Lead.... 12 2% 12 12% pests StL&SanFran... my =% 2 PEase Louls Southwn. Am Internationa St Louis Sown pt. Am Linseed. ... % |Santa Cecllia Sug. Am Locomotive. Am Safetv Razor. Am Ship & Com Sears Am Smelting. Bemcen 8::::5 5 Am Smelting pf Shattuck-Ariz. Am Steel Fwy Shell Trad & Tran Am Sugar. Sinclair Oil. ..... Am Sumatra. Sloss-Sheffiela Am Tel & Teleg. Am Tohacco. . g Am 'rob:g B.... 4% 1W& 114 14% S:utnem Pacrts... 2 Am Tobaceo pf (n) 87 b 87% s»‘m'"" Raflway. 2% Woolen. ...... 6% 60% m:‘hern Ry pt.... 57% Am Writing Pa pf. 321 et nd Oll of N J... 168% Am Zinc & Lead... ¢ 8% s'lndonu.rpt. - 105% Anaconda. 3 tewart-Warner.. 28 Asso Dry Stromberg Carb... 32% Asso Ol Studebaker. w% Atchison Submarine Bo: 8% Atchison pf. . & perior Oil. A Atlanta Bir & Atl. enn Copper, {Atlantie Cst Line. . Atlantic Fruit Co. . ;| Texas & PC & Ofl.. 2% Allantic auif pe. Third Avenue..... 4% Austin Nichols. . Times Sq Auto Sup %% Raldwin Loco Tobacco Prod 5% Balto & Ohlo. Trans Contl Ofl.... ™% Ralte & Ohio pf Transue & Wilms.. 0% Barrett Co. . Union Bag & Pa... ® Reth Motors Union Oil.. .- ZF- Beth Steel. . Union Pacific. 19% Reth Steel (B). Rooth Fisheri: United Fruit. . 195% United Ry inv. 10% Bklyn Rap Tr cft United Ry Invpf.. 21 Burns Bros....... United Retall 8t... Butte Copper. U 8 Cas. Ir Pipe. Butte & Superior. U S Food Prod. .... ‘Butterick. U 8 Indus Alcobol. 657 Californi. California Petrol. California Pet pf. Calumet & Ariz. . ah Canadian Pacific. . 115% :-:':ze Arms.. aboard Atr Line. Seaboard AL pf... .1 Texas Company. % Texas & Pacific 1% Union Pacificpf... 6 United Alloy Steel. #3 Grain, Produce LOCAL W -m. MARKET. Eggs—Strictly fresh, per doz., 66; average receipts, 65; southern, 63. & Live poultry—Roosters, per Ib.. 20 turkeys, per Ib., 48a50; chickens, spring, per Ib., 36a38; hens, per 1b., 48a50; keats, Young, each. 30a40. Dressed poultry—Fresh killed spring chickens, per Ib., 38a40; hens, per b, 36; roosters, per Ib, 23; turkeys, per 1b.. 50a35. ~ Pork—Dressed, £mall. 16a17; medi- um, 15a16; heavy, 10a13. Live stock—Calves, per Ib. lambs, 10a11; sheep, 3a6; hogs, 1 Green fruits—Apples, per bbl. 3.00a ';'4.50: per basket, 75a2.50. California 17a18; oranges, per crate, fruit, per crate, 4.0025.00. ‘Vegetables—Potatoes, nearby, per bbl., 2.75a3.: » No. 2, 1. 00a4.50. 1.00a2.00. Celery, Der bbL, 3.00a3.50. , 5.00a8.00. toes, per box, 6.00a8.00. Onions, per sack, 1.7622.00. Brussels sprouts, per quart, 15a%. Cranverries, 18.00 per bbl. DAIRY MARKET. BALTIMORE, Md., January 4 (Spe- cal) —Arrivals by boat: Chickns, young, large, per pound, 30a32; small to medium, 30a32; poor. 28; old roost- ers, 20; oid hens, four pounds and over, 30a32; small to medium, 27a28; white . Leghorn hens. 25a30; young white Leghorns, 28a30. Ducks, mus- covy. young, per pound, 30a3l; White Pekings, 33a34; puddle, 32a33; smaller, poor, 26a28. Turkeys, choice hens, per pound, 65; young gobblers, 43a45; old toms, 45:’ poor and crooked breasts, 40. Geese, Maryland and Virginia, fat, heavy, per pound, 30a35: poor and crooked breasts, 30a35; southern and western, 28; Kent Island, 34a35. Pigeons, old, per pair, $5a40; youns, 35a40. Guina fowls, young, large, each, 50; small, 40; oid, 25. Dressed poultry—Turkeys, choice to fancy, per pound, 48a50; do., fair to good,” 46a48: do., old toms, 44; do., poorly dressed and thin, 35a40. Chick- ens, young, 31a32; mixed and old, 30a 31. Roosters, 22. Ducks, chojce fat, 33a35. Geese, choice, fanoy, nearby, 30a31; southern and western, 30a32. Eggs—Western Maryland, Pennsyl- vania and nearby firsts, per. dozen, ! eastern shore of Maryland and Vir- ginia, firsts, 68; western, firsts, 6. western Virginia, firsts, 67; southern, firsts, 6 Butter—Creamery, fancy, per pound, 57a58; prints, 67a59; nearby creamery, 54a55; Maryland and Pennsylvania rolls, per pound, 25a30; Ohio rolls, 24 a28; West Virginia rolls, 24a28; store packed. per pound, 19a20; Maryland, . 'THE EVENING STAR, TUESDAY JANUARY 4 1921 YORK STOCK EXCHANGE. and Live Stock|You Receive GRAIN AND PROVISIONS. BALTIMORE, Md., January 4 (Spe- cial).—Potatoes — White = western Mn.rylnndh’nd Pennsylvania, No. 1, per 100 1bf, 1.7521.90; eastern shore of Maryland and Virginia cobblers, 1.50a1.75; McCormicks, 1.25a1.40: na- e and nearby, No. 1, 1.75a1.90; all sections, No. 2, 75a90. Sweets, eastern shore of Maryland and Virginia, No. 1, per bbl.. 2.0024.50; native and near- by, 4.0084.50; No. 2, 1.50a2.00. Yams, all sections, No. 1, per bbl.. 3.0024.00; No. 2, 1.50a2.00. Beans, Florida, green, e op«arba..st;;a.oo: do pearl and vax, £.00a3.00. Horseradish, ., 4.0025.00. TR Cabbage, New York, Danish, per ton, 25.00227.00. Cauliffiower. per crate, 2.5023.00. Celery, washed, per bunch, ugh, per crate, 2.50a3.50; marked in foreign government Inun.l another point today and at 85 comv(lnflbfl—lohnl@n. L pared with a low .of 32% of lastBrie. {Erle week. The Belgian 7%s sold today at 97, as | Erie 2d against last week's low of 95. City of { rogram to | General Asphalt. take care of all French obligations ma- | Gen Asphait pf. % Cent 374 Virginia and -Pennsylvania _dairy f‘rr:"iafl‘e!c::::r prints, per Wun‘d‘,’.ziib‘l”: process but- ter, per pound, 2. Certain-Teed. . Chandler Motor A Va-Car Chem..... 8% NEW YORK, January 4—Butter— Ches & Ohio. — . % Firm; receipts, 307 packages. Croam- % 8% ery, 'higher 'than extras, 57%ab8; 3‘.3’,’::{:,:. - 20 Wabash pf A. creamery, extras (92 score), 57; firsts bbbl : 5% ot LR @8 1o 31 score), 4iassiti packing 1&StPpL.. 4% 6% s sl stock, curr . No. %, 40 5 e e Begs — Unsetlled: receipts, 9:920 Chi & Northwn... €% & Cf Western Md 2d cases. Fresh gathered, extra firsts, Chi PneuTool.... §1 & O Western Pacific. §7268; firsts, 65u6é; wtate, Pegmsy S CL i [Wekterapse ut. vania’ and nearby western henfer i o * ‘estern Uni e one white, firsts to extras, 71a75; s ChiRI&PI%DL.. W4 T W4 Westhouse E & Pennsylvania and nearby western he Chile Copper - 1% 10% C10% Wheeling & L E.. . | nery browns, extras, 71a72; do., gath- Chino Copper. » 3 W Wheeling & LEPE 18% 18% 1% 17%ered browns and mixed colors, 3 Coca-Cola. 20 W X e | White Moter. 16 35, 3% | extras, 66a70; refrigerator, firsts, 60a Colo Fuel. AT % | White Oil. . 15 16% | 61. Colo & Southern. : © 4| Cheese—Steady; receipts, 3.101 boxes. o1 G: v % ‘s |State, whole milk, flats, held, spe- 01 Graphonhons siw a1 | cials, early made, 27a28; do.; fall made, ColEranhoRaee. B 1| 25826; state, whole milk, flats, held, Comp Tabulator. 8% 1% | average run, 24a25; state, whole milk, Call Money..... High. Low. Last. d 7 7 flats, fresh, specials, 24a25; do., aver- age run, 22a23. CHICAGO LIVE STOCK MARKET. HOURLY SALES OF STOCKS. CHICAGO, January 4 (United Stages 1lam 251190 12m.. - 376 100 B\:re":.u l?{fmmll;m!).—-C‘l‘lle ——.l' 2 2 ceipts, 3 ; opening slow, i @ zpm.... MBT0 (IR steady: undertone weak on . _._—aonm she stock: no’prime steers offered: ban-Am Sugar.. Z . LIBERTY - best heavy cattle here held at 12.00; Cube CanoSugar.. % 2% B bulk beef steers, 8.50a10.00; fat cows Cuba CaneSupf... 6¢ 6 63 6 dnd heifers, mostly 5.75a6.50: can- o%s St 2% 31 {Liberty 4%s (8-16-47). 10 ners mostly, 3.60a3.85: bulls easier; 100 100 100 |Liberty 2d 4s (11-15-42). % bulk, 6.2587.25 calves steady: bulk 1% 1% 1% |Liberty 18t 4%s (6-15-47). 52 86 10 :mer-.fl 12.00212.50; stockers and Wi 10% - 10% | L 2@ 435 (11-15-42)...85 60 86 82 ers. firm. 8, 8 B 18 ,_.v::,'.g 32 4‘,2.{,. 5-28)... 88 68 @925 | Flogs—Receipts. 3,000 head; lights * ; steady: others 10 to 15 higher than 8% 64 |Liberty 4th 43,8 (10-15-38)..85 52 83 00 : 2 “ 4 ™. i yesterday's average: top, 9.90; bulk, M 4106 MK Victory IXs (5-20-23).... 930 93 M| $5500.75; pigs, 10 to 15 lower; bul 2 2% s 0 2 |Victory 4%s (5-20-23). 93 26| gesirable 50 to 130 1b. pigs, 9.7529.85. L. Famous Play: Famous Players pt Fisher Body Fisk Rubber Freeport Texa! Gaston William ANGERED BY Goodrich. .. Great Northern pf. Great Nor Ore. . kS Greene-Cananea. . Guantanamo Sug. Gulf Mo & Nor. . .. Haskell & Barker. houses Stopped ——————— top. 11.00; 114 bulk, fat ewes, 3.50a4. bandy yearlings, 9.60; feeders steady. Sales at Keniucky Ware- ing Crowds. Sheep—Receipts, 12,000 head; steady on all grades; fat sheep and lambs; bulk fat lambs, 10.00a 00; cholce FATHER’S VETO STOPS ELOPERS’ MARRIAGE b 7 Ernest B. McLear and Miss Joseph ine Dunn Came From Rich- - mond to Wed. Miss Josephine Dunn, Richmond, Va., a third-year pupil in Virginia State Normal School, left home yes- SLUMP by Yell- West Shore 4s were in de- | By the Associated Press. LEXINGTON, Ky. January 4.—All sales on the Lexington loose ieaf to- bacco market were called off for the day at 11 o'clock this morning. Low prices offered by buyers for the large IRtdiNore Matse: % | tobacco manufacturiog companies was e 7. the cause assigned. Intl Harvester.... Prices offered ranged from $1 per Intl Mer Marin 100 pounds to $30. There were very Int] Mer Marine few sales, farmers rejecting virtually Intl Motor Truck. . all of the bids. - Prediction that the low prices paid for tobacco would result in a revolu- tion of tobacco growing and the as- sertion that “we have just begun to fight” was made in a statement is- ‘sued here by John W. Newman, pres- ident of the Burley Tobacco Grow- ers’ Association. The average price for tobacco on the Lexington market yesterday was $20.40 per 100 pounds as against an estimated cost of production of $36 per hundred. Exeitement at Maysville. MAYSVILLE, Ky., January 4—To- growers stopped the tobacco o wareho bacco s at Maysvill uses this :;‘;n-lnl’ about an hour after the S gpening salos, the reazon glven being Manati .M 7 7 71 |that “they refuse to give their tobac- ManhattanElev... 40 489 49 49 |co away. ‘The prices nnmrn:’m balf May Dept Stores... 6 &% 6% 6|8 cent to 20 cents. General disorder 186 18 | PG wers from six counties, Mason, 6% 17%|7owis, Bracken and Fleming, Ky. . isi and Brown and Adams, Ohlo, “ {id 2% ed around the buyers, cursing and 13 1% yelling and_pushing buyers baock. . B ] There are 3,500 to 4,000 tobacco grow- 2% % ers from surrounding colnties In % % Maysville and feeling is running high. poird o Katves Drawn at Carliale. . CARLISLE, Ky. Janusry 4.—Fol- Lo e lowing impassioned speeches by - ers and threats against buyers uring which knives were drawn, the g burley tobacco markst here was clos- Under the present schedule limited | NatlLead =ubscribers are allowed fifty calls a month, which is equivalent to 600 a Year, but unused calls from January cannot be made in succeeding months. in other words, if a limited subscriber makes forty calls in January now he is not allowedt sixty in February. In the last telephone decision ren- dered in May, the commission said it considered this gquestion, but found that the monthly basis of fifty calls is P ol the old system of & yearly basis of 600 calls. It is not expected that there will be much opposition to the application of company for an extension of ex- ing rates. in view of the program mapped out by the company for dev t of. its plant In Washing- on. — BAR SILVER QUOTATIONS. NEW YORK, January 4.—Bar s ver, domestic, 39%; foreign, 65%. Mex- ican dollars, 50. LONDON, January 4.—Bar silver, 41%d per ounce. Money, 43 per cent. Discount rates: Short bills, 5% per vent; three-month bills, Phila Company.... Phillips Petreleum Plerce-Arrow.....: 3% ErERE-geegcEu gRagesanns g Rangegandioy ed shortly after the opening today. Cooler heads among the hundreds of persons attending the sales prevented trouble. Growers declared that to accept the prices offered by buyers meant bank- ruptey. Shortly after the market here was closed it was reported that a crowd of several hundred farmers had start- ed from this place for Paris, twenty miles distant, with the intention of forcing the closing of the Bourbon county market there. ——— MONEY AND EXCHANGE. NEW YORK, January 4.—Prime mercantile paper, 7%a8. Exchange irregular; sterling 60-day bills, 3.50%; commercial 60-day bills on banks, 3.50% ; commercial 60-day bi! 3.50%; demand, 3.55%; cables, 3. demands, 5.82; cables, 6. demand, 6.12; Guilders, demand, 31. Lire, demand, 3.40; cables, 3.42. Marks, demand, 1.32; cables, 1.34. Greece, de- T ontroal, 16% ont per cent discount. ‘Government bonds firm; railroad bonds firm. ‘Time loans steady; 60 days, 80 days p 4nd & months, 73%a%%. terday morning with Ermest R. Mc- Lear, twenty-four years old, Detroit, Mich., and came here to get married. A long-distance telephone message from Joseph B. Dunn, the young lady’s father, resulted in interference by the police; and the lady was de- tained until her father reached here 1ast night. Papa Dunn refused to listen to any suggestion of marriage of his daugh- ter and r, and made it clear what might happen if the young man returnéd to Richmond on the train with him last night. It appears that McLear, a former resident of Richmond, courted the normal school pupil prior to the time he left Richmond and went to Detroit to engage in work with a financial institution. The couple be- came engaged and the young man fitted an apartment in Detroit for his prospective bride, Arrangements were made for him to meet Miss Dunn yesterday morn- ing to elope. He was on hand and an early train landed the couple here early in the afternoon. They appeared at the office of Col. Kroll, marriage license clerk, and had made application for a license, but the receipt of the telephone message sug- gested the advisability of police in- terference rather than issuance of the license, and McLear and Miss Dunn were escorted to police headquarters. “I'm eighteen years old,” the dis- appointed young lady declared, “and not seventeen as you say my father reported.” “Even if you are eighteen’ Detec- tive Cornwell told her. “your father has a right to request your detention as a fugitive from home, and you will have to remain In custody until he gets here.” Father came on the first train, and last night Miss Dunn spent her time at home instead of on a railroad train bound for her prospective new home in Detroit. * ——— OIL STOCKS. . ‘Quotations furnished by W. B. Hibbs & e 17% 18y ty 2" 9 30 410 3 88 170 190 7 m 27 29 = 2 i % % 100 @ 16 By Sy 15 180 90 5 73 o1 w m 16 30 33 % 85 W1 108 : 3 se off T 51 ew @0 a0 380 410 385 340 T 4o 30 108 ) : ror do.. native, per bunch, 6af. Carrots, per 100 Ibs, 1.00a1.25. Spinach, per bushel, §0a90. Eggplant, per crate, 5.00a7.00. Lettuce, per basket, 1.00a 150. Savoy cabbage. per bushel, 75a 1.00. Squash, Florida, per crate, 3.00a 4.50. Onions, western Maryland and Pennsylvania, yellow, 100 Ibs., 1.60a 1.25; eastern shore of Maryland and WVirginia. bulk, per 180 ibs, 1.00a 1.25. Eggplant, per crate, 5.00a6.00. Kale, Norfolk, per barrel, 1.25a1.50. (s);znmben. Florida, per crate, 6.00a Tomatoes, Florida, fancy, per crate, 6.00a7.00; choice, 5.00a5.50. Oyster plants, per 100 bunches, 7.00u8.00. Broccoli, per bushel, 50a60. Brussels sprouts. per quart, 15a20. Parsnips, per bushel, 90a1.00. Turnips, per basket, ‘)r:)o:so. Pumpkins, per 100, 10.00a.3 s, all varieties, No. 1, per bar- 2, 2.5083.50; Appl rel, 3.00a6.00; do., No. loose, per 100 pounds, apples, per box, 2.00a3.30. Oranges, per box, -3.5025.00. Cranberries, per barrel, 14.00a16.00. Grapefruit, per box, 2.50a24.00. Tan- gerines, per strap, 4.00a6.00. Straw- berries, Florida, per quart, 66. Selling Prices at Noon. ‘Wheat—No. 1 red winter, spot, 2.05; N red winter, spot, 2.05; No. 2 red winter, garlicky, spot. 1.85 per bushel; January, 1.88; February, 1.90. Wheat sales—Bag lots of nearby, by sample, at 1.50a1.72 per bushel. Corn — Cob, new, yellow, 4.00a4.10 per barrel in car lots: track corn, yel- | low, tion. Bag lot of white delivered at 1.00 per bushel. Oats—No. 2 white, 59% per bu.; No. whi 58 per bu. i Rye—Bag lots of nearby rye, as to quality, 1.50a1.66 per bu.; No. 2 west- ern export, spot, 1.80 per bu. bid. No. 1 timothy (nominal), 30.00 standard timothy, 28.50a29.00: standard, No. 2, 27.50a28.00; timothy, 22.00225.00; No .1 light clo- ver, mixed, 27.50a28.00; No. 1 clover, mixed, 25.00a26.00; No. 2 clover mixed, 22.00225.00; No. 1 clover, 27.00a28.00; No. 2 clover, 22.00a25.00; sample hay, 18.0022.00. ) Straw—No. 1, nominal; No. 2 straight rye, nominal; No. 1 tangled rye, 17.00; No. 2 tangled rye, 16.00; No. 1 wheat, 14.560215.00; No. 2 wheat, 13.00a13.50; No. 1 oat (nominal), 18.00a18.50; No. 2 oat, 16.00217.00. z CHICAGO, January ¢.—Wheat prices reacted somewhat today from vester- day's sharp advance. Doubt as to the stability of such a sudden gain was expressed, and there was a disposition to await new developments regarding Furopean call. und about domestic milling demand. Besides reports were current that the Egyptian government would try to’ resell 11,000,000 bushels of wheat contracted for in Aunlrali,nr Opening prices. which ranged from 1% lower to 1 advance, with March 1, 1.75% to 1.7, and May, 1.70 to L.70%, we followed by moderate setbacks all around. . Corn was bearishly affected by large receipts here. After opening un- changed to % lower, including May at 76 to 76%. the! market continued to No. 2, old or better, no quota- |sag. Onts weakened with other grain, starting % off to %a% advance, May, 503 to 50%, and then undergoing a general decline. Provisions were firm, influenced by strength intthe hog market.- - House action todsy on, the bill re- viving the War Finance Corporation had but little ‘effect on wheat prices, having “"r‘k‘.'“"%h“’{‘ dlscn\m";e: vtyn full yesterday. e close was 3 2% G0 4o et lower, with March 1.18% to 1.73% and May 1.67% to 1.68. Increase of consignment notices from lowa attracted special attention to corn. The close was unsettled, 1 to 1% net lower, with May 76% to 75%. WHBAT— pen. High. Low. Close. Mareh. ... Vi 1 1m0 1m% May 1707 170% 167 161% .8 64 A% T S0% 00 A% A% AB% 49 48% 48y YORK, NEW uary firm; middle west, 13.30213.40. Other articles unchanged. —_— DROP IN PUBLIC DEBT. Jan 4. —Lard, Decrease of $192,832,076 in the Closing Month of 1920. A’ decrease of $192,932,076 in the public debt during the last month of 1920 was {announced today by -the Treasury. On December - 31, the total gross debt was $23,982,224,168 as compared with $24,175,166.244, on November 30. The decrease during tHe last quarter of the year amounted to $105,131,196 as ‘from_ the September 30 total of $24,087,356,128. . < ~ NEW TRAIN TO FLORIDA. A new train put on for travel from Washington to Floride by the Sea- board Alr Line railroad, calldd the Seaboard - Florida limited, left the Unfon station on its first tip to the south lust night, with 183.passengers, including several residents of Wash- e limited e limited is equipped with the latest type of steel Pullman cars, in- cluding club, compartment and ob- servation cars, Among the Washing- tonians on the train were Mr. and Mrs. Charles 'Walker, Mr. and Mrs. Joseph Strasburger, Mr. and Mra.' E. T. Warwick, Ralph Galt and Gen. and Mrs. J. Robertson. Money to Loan Becured by Pirst Doed of Trust on Eeal Estata, Prevailing interest and commission. ENS Tszlsv%fis BANK FINANCIAL Gilt-edge First Mortgage Notes, secured on D. C. Real Percy H: Russell Ca., 1 || S:W. Cor. 15th & K Sts. NW. No. 3} 7% Interest on Your Investment in FIRST MORTGAGE NOTES Secured by high-class real estate valued at more than dou- ble the amount borrowed. All details handled by experts, who can best maintain the safe- ty-of your investment. Any amount from $100 up can be placed and interest will start at once. Full particulars gladly fur- nished. SHANNON & LUCHS, Main 2345. 713 14th St. MONEY TO LOAN —on improved Real Estate Prompt transactions. Prevail- ing interest. Thomas J. Fisher & Co., Inc. Real Estate Brokers 738 15th Street N.W. { i | | oo S SR LI il SR I TP (T T LRI Ameunts of $250 and UPWARD SAFELY INVESTED in Notes Secured by FIRST DEED OF TRUST | on IMPROVED REAL ESTATE in the District of Columbia. Interest 7% H. L. RUST, 912.15th Street N.W. THE NATION’S HOME TOWN. FINANCIAL. Systematic saving In the Lo Building Association will FRANK P. WE ANNOUNCE THAT ROBERT ATKINS, C. P. A. L. 0. MANLEY,C. P. A. WERE ADMITTED AS PARTNERS IN THE FIRM OF R. G. RANKIN & CO., ACCOUNTANTS AND AUDITORS, ON JANUARY 1ST, 1921. 30 BROAD ST. NEW YORK HIBBS BUILDING ‘WASHINGTON, D. C. American National Bank more than ever | 80th Issue of Stock || EQUITABLE BUILDING, c. 915 F St. N.W. JOHN JOY EDSON. Preatden: REESIDE, Secy. Open Every Capital, Surplus & .. A i [ Business D: Undivided Profits . wm - us:::;s.s.‘a‘y at 1315 F st_ (x’\\.lvl ed Profit =" Good Service is the Basis ...,...m Equal to an invest- g Cees i - 9oote B Do mermice cesting £ to £ per B —af this b.a.glks. prosperity, and you're in- a A o e trm meription. - vited to utilize it and prosper with us dur- [ ™ ing 1921 and the years to come. KRIEBEL & CO € “Americanize” now while the year is voung. You’ll find our officers ready to fa- miliarize themselves with your require- LIBERTY BONDS | i i i ments and counsel with you freely. BOUGHT AND SOLD FOR CASH | ! : i el 3% Compound Interest Paid on Savings Accounts l«i St N.'W. ] W. T. GALLIHER, €. H. LIVINGSTONE, W. J. WALLER, Presiden Viee President New York 42 Broadway 209 S. LaSalle St. WASHINGTON 1412 H Street N.W. Tel. Franklin 6100. "Herbert H. Browa, Manager. Members New York Stock Exchange New York Cotton Exchange i New York: Preduce Exchange mercce New Orieans Cotton Exchange Winnipeg Grain Exchange Facts and figures relative to securities and commodities cheerfully, supplied. Our private wires extend to leading cities in the Unite: States and Canada. Attractive issues offer- ing - attractive yields ‘dominate our January Purchase Sheet. For first. of the year investment this list should prove of value. Chicago Board of Trade Chicage Stock Exchange Minneapolis ‘Will be mailed when isewed requast for The onalCty pany ‘Washington—741 15th St. Telep) in 3176. vestors. $1,000 amounts. Copyright National Special attention -given to futures in Graim, Cotton an.! Cotton-seed Oil. —— 39 Years Without Loss to Any Investor HE House of S. W. Straus & Co. was established in chase and sale of securitics to the investing unded on one¢ idea—that of Safety —and this policy has been followed without deviation. CIRCULAR 510-G SW. STRAUS:X GG WASHINGTON public. - Since that day, 39 years have come and gone—a period including two - wars and four financial panics—but no investor has ever lost a dollar on any security purchased of us or suffered delay in payment of principal or interest in cash when due. This is a record which should stro; y recommend the first mortgage bonds safeguarded under the Straus to conservative and prudent in- The Straus Guide to Safe Investment contains a particularly attractive and well divenified variety of these bonds in $100, $500 and May we submit investment selections to you? Write today and ask for Telephone Main 5847 \ NEW YORK CLEVELAND PHILADELPHIA SAN FRANCISCO 3 chcAuo BOSTON INDIANAPOLIS MILWAUKEE ’ iy DETROIT BUFFALO PI’ MINNEAPOLIS