Evening Star Newspaper, January 6, 1921, Page 25

< " FINANCIAL. THE EVENING STAR, THURSDAY, JANUARY 6, 192f. RAILWAY COMPANY " ELEGTS DIRECTORS Bates Warren and Emory L. i Coblentz Named to Vacancies. BY L A. FLEMING. At a meeting of the directors of the Washington Railway and Electric Railway Company. held yesterday afternoon. two directors were elected to fill vacancies on the board. Bates Warren, vice president of the 21 Continental Trust Company. Was chosen to succeed the late Guy T. Scott. Emory L. Coblentz was named as a fuccessor to Allan G. Hoyt of New York, resigned. Mr. Coblentz is one of the leading ‘bankers and_utility officials of Fred- erick. Md. He is thoroughly posted on matters in connection with street railways and with electric lighting and power. The Washington Railway and Elec- tric Company owns probably fifty miles of raiiroad in Maryland. and has never had a representative of the State on its board of directors before. Patd Out $423,000 Interest. During the year 1920, the American curity and Trust Company. paying per cent on checking accounts and 3 per cent on savings deposits. paid out in interest the sum of $422,000. Matter of Service Charge. Washington bankers expressed con- siderable surprise this morning over the severe criticism by some members of the House of Representatives yes- terday of the small “service charges” made by some banks in the District of Columbia. R. N. Harper, president of the Dis- trict National Bank and also of the District Bankers' Assoclation, com- menting on the matter said: “In all the larger cities of the coun- try, so far as I know, a service chatge is made on active checking accounts that run below a certain amount stipulated by the bank. But there' are few banks that will carry checking accounts for as _smail amounts as the banks of this city are in the habit of doing. In many of the larger cities they demand a min- imum deposit account of $150 to $300 in opening accounts, and if the ac- count is a live one, this minimum must be maintained. “The American Bankers' Association indorses the service charge and hun- dreds of banks have been enforcing it e a new prop- osition in this city. We have no hard anda fast rule, each bank follows its own choice in the matter and I know that in very many casSes the elimina- tion of the account would be much preferable. from the banker’s stand- point, to the service charge. It costs money to keep the records of a bank and the checking account of few dollars involves much clerical effort as one of respectable propor- tiomm. banks of Washington have iver: service to the government and o the people of Washington freely. and during the war, when costs were mounting at a fast Pace, ‘the legal rate of interest remained the same, 6 per cent, plus service if large de- gree. Moreover, wages and other charges increased materially. “A charge of 1 per cent on deposits, as suzzested by some of our states- men, would be a charge on the thrift and prosperity of the country. and would cause withdrawals to strong boxes and other hoarding places of millions of dollars. “To Waskington depositors alone ft ‘would mean an annual charge of $1,- 650,000, provided deposits were per- mitted to remain in banks, or increase the present high taxes of danks by that amount, if our lawmakers =hould exact such a penalty from banks, in addition to our tax on real estate, on circulation, on gross profits and force us to keep our reserves m‘ e. federal reserve regional bank, hich we fecklve o interest what- ever.” Another banker expressed surprise that a “service charge, so moderate, 20 mecessary and o common in the banking business all over the coun- try, on unprofitable accounts, should be the cause of criticism from men who are looked up to as being un- usuaily well informed. Second National Extra Dividend. Directors of the Second National Bank yesterday declared the regular semi-annual dividend of 3 per cent and an extra distribution of 1 per cent payable January 8 to sharehold- ers of record December 31. Doubling Capital Stoek. The Northeast Savings Bank is pro. gressing so satisfactorily in its com. munity that the directors have agreed to incre ase the capital =tock of the ‘bank from $50.000 to $100.000. The areholders will vote on this propo- sitlon of the occasion of the annual meeting, with no question of their giving sanction to the increase. § ‘War Finance Corporation. Under date of September 30, 1920, the Treasu. Department {ssued a statement of the foreign securities owned by the government, $9,486,283, 10; the amount of foreign obligations Wreceived by the Secretary of War on account of the sale of supplies, $563.- 032,000, and the amount received from the American Relief Assoclation for relief extended, $84,093,963. ‘The statement also made reference 1o the $500.000,000 capital stock of the ‘War Finance Corporation, “less $358,- €82,816 cash deposited with the treas- urer to the credit of the War Finance Corporation.” . The corporation was not such an expensive aid to business as some other adjuncts of the government, and, if this cash is still hegt to the * order of the Secretary of the Treas- ury, the restoration of the corpora- tion would be a relatively easy mat- ter—if its speedy functioning is de- sired. Firemen's Insurance Organization. The directors of the Firemen's In- surance Company organized with the election of William M. Hoffman as president; George W. Morse, vice president: Albert W, Howald. secre- tary, and James N.’ Fitzpatrick, as- sistant secretary. Allen E. Walker, who has been president for some years, retired from the presidency —_— OIL STOCKS. Quotations furnished by W. B. Hibbs & Co. Bia. Asked. Anglo-American Ofl Co. (new).. 20% 213 ‘Atlsntie Refiaing Co. 1000 1100 Torme Scrymaee, Co. 30 410 Tackeye Pipe Line Co. 85 fed Cheseborough Mfg. Co. 170 190 Coatinentai 0il Co. 107 m Crescent Pipe Line Co. 27 30 120 1% % 100 . 03 8 98 1 L] a8 25 27 3 s 1w e Northern Pipe e -2 97 ainio Ol Co.... 23 280 Prairie 0fl 32d G 450 490 Yrairis Pipe Line Co. T YRt Yennaylvania-Mexiean Fuel 33 a8 ! Soiar Refining Co... 3% 3 Southern Pipe Line Co. us s Houth Pean. Ol Co.. =0 L Tes 318 u§§s§5§§5§t§:§ eE5eULELE * MARCH COTTON JUMPS. NEW YORK, January §.—Cotton for March delivery sold up to 14. cents \in the futures market here. this price being nearly $5 a bale above Tues- day’'s closing and a recovery of 1% cents a pound from the low record of last week. Reports of increaged mill activity and better business prospects Yors “larsely responsible for the NEW YORK STOCK EXCHANGE. Received by Private Wire Direct to The Star Office. Open. Adv Rumley. . 1% Ajax Rubber. .82 Alaska Gold. 1 Alaska Juno...... 134 Allied Chemical. .. 4§ Allled Chemical pf 88% Allis Chalmers.... ssi} Am Agr Chem..... 60% Am Beet Sugar.... 4% Am Bosch... . 68% Am Brake Shoe... 43 Am Can. . u Am Can pf. . 80 Am Car & Fdy 121% Am Cotton Of 2% Am Cotton Oll pf.. 69% Am Drusggists. . 1 Am Hide & Lea.... 9% Am Hide & Lea pf. 46% AmIce..... Am International. 40% Am Linseed 54 Am Linseed pf. & Am Locomotive... 8 Am Safety Razor.. 8% Am Ship & Com... 9% Am Smelting . 3% Am Steel Fdy..7.. 0% Am Sugar. .. . 9% Am Sugar pf...... 101% Am Sumatra...... 7% Am Tel & Teles... 1% Am Tobacco. 116% Am Tobacco pf (n) 88% Am Tobacco (B).. 114 Am Woolen....... 61% Am Writing Pr pf. 84% Am Zinc & Lead... 9 Anaconda...... .- 8% Asso Dry Goods... %4 AssoDry G 1stpf.. 5% Asso Oil... % Atchison. 88 Atchison pf . 8% Atlanta Bir % Atlantic Cst Line.. % Atlantic Frult Co.. 8% Atlantic Gulf..... 70 Atlantic Gulf pf... a1 Atlantic Ref pf....110 Austin Nichols.... 11% Baldwin Loco..... 8% Balto & Ohio . 85% Balto & Ohio pf... 63% Beth Motors 2% Beth Steel (B).... 5% Beth Steel $% pf. .. 101% Butte Copper. . 5% Butte & Superior.. 18% Butterick .16 Caddo Oil . 1% California Petrol.. 26 Canadian Pacific.. 116 Central Leather... 38% Central Leath pf.. 8i% Cerro de Pasco.... 3% Chandler Motor... 66 Ches & Ohio. . W% Chi & Alton 8'4 ChiMil& StP..... 2% ChiMil&StPpf.. u% Chi & Northwn. 6% ChiR I & Pacific b Chi RI& P1%pf.. 12% ChiStPM&O.. Chile Copper . Chino Copper Cluett Peaboly. Coca-Cola Colo Fuel. Col Gas. Col Graphophone. Col Graph pf..... Cons Cigar. Cons Gas of N Y Cons Intl Cal Min Cons Textile. Cont Can.. Cont Cand® Corn Products. . Corn Products pf. . 10% Cosden & Co. 20% Crucible Steel . . 8L Cuban-Am Sugar.. 2% Cuba Cane Sugar.. 2% De Beers Mines 15% Del & Hudson - 100% Del Lack & Wstn. . £15 Denv & RioG pf... 1% Dome Mines . 10% Emerson-Brant... 8% Endicott-Johnson. 3% Erfe.... .. Erie 1st pf. 0% Famous Players... 50 Fed Mines & Spf.. 26% Fisher Body 9% Fisk Rubber. 3% Freeport Texa: u% Gaston Willlams.. 3% Gen Asphait. Gen Asphalt pf Gen Cigar. . Gen Cigar pf Gen Cigar deb. Gen Electric. ... Gen Motors. ... Gen Motors pf. Gen Mot 6% deb Gen Mot 7% deb Goodrich. .. Granby Conaol. Gray & Davis. .. % Great Northern pf. 16 Great Nor Ore..... 19 Greene-Cananea... 22 Guantanamo Sug.. 13% Gulf States Steel.. 2% Harbishaw Cable.. 12 Haskell & Barker. (8% Houston Oil . €% Hupp Motors. < L% Illinois Central 89 Indiahoma. . % Inspiration. % Interboro Metro... 4% Interboro Metpf.. 11 Intl Agri Chem pf. 64% Intl Mer Marine... 13 Intl Mer Marine pf. 52% Intl Motor Truck.. 36 Intl Truck 2d pf... (9% Intl Nickel. .18 1Intl Paper. “© Invincible Oil..... 2% Iron Products . 3% Island Oil. . 4% Jewel Tea...... 4 Kansas City Sou 1% Kansas C Sou pf... ¢ Kelly-Spring Tire. Kennecott. . 20 Keystone Tire..... % Lackawanna Steel. 53 Lee Tire & Rubber 18 Lehigh Valley. .... 84% Liggett & Myers LoewsInc...... Loftine..... Loose-Wiles. Lor iNlard. .. Louis & Nash Manati Sugar Manhattan Elev... 4% Manhattan Shirt.. 19% Maxwell Motors. .. 2% May Depnt Stores.. €8% Mexican Pete..... 188 Miami Copper..... 18 Middle States Oil.. 13% Midvale Steel. . Minn & St L (n). Mo Kan & Tex. Mo Pacific. . Mo Pacific pf. Montgomery Ward 18% Mullins Body...... 28 Natl Acme. . % Natl Biscuit 102 Natl Cloak & Spf.. 61 Natl Conduit. Natl Enamelin Natl Lead. . Nevada Copper. . New Or Tex & M NYChi&StL.. N Y Central N Y Douk.. NYNH& Hart. .. 1% NYOnt& Wes' . 13y Norfolk & Watrn. . 100% Northern Pacific.. 81% Nova Scotia Steel. . 32 Oklahoma Frod... 3% Orpheum Circuit.. 26 Otls Steel. . T Pac Development.. 11 Pacific Ol 9% Pan-Am Pete. ..... T} Pan-Am Pete (B). 9% Parish & Bingham. 14 Pennsylvania..... &% Penn Seabd Steel.. 10% People’s Gas...... 3 Peoria & Eastern.. 12 Pere Marquette... 1% Pere Marq pf... Phila Company . Phillips Petroleum 28 Pierce-Arrow. . 2% Plerce Ofl......... 10% Plerce Ollpf...... 7% PittsCoal......... 68 Pitts Coal pf. . [ Pitts & W Va... wh High. 19% 34 1 1% 64 88 % 0% n% 9% B4l Low. 2:55. n 1% 32 3 1 1 % 1% “® 6% 83% 83% 8 34 0% 65% % % 5B B% 48 8 n Ed 80 81% 121% 128% 21% 2% 68% 68% 7 7% % 1% % 48 2% 2% 101% 1% 1% 13% 16 87% i 8% 3% i21 9% 5% 1% 2% 66%_ 150K 18 13% 31 % 124 124 2% 3% 19% “ 18% 3 8% 2 02 102 @ e 3% 3% 0 0 nom n n 0% 60% o o n% 4% n 8% 194 18% 18% 100% 101 8% £3% 2 3% 3% L Wk 1% % 164 9% 0w n% o e 3 B a% a% 0% 134 % uu 1B 2 1% 18 “ o« W% 35 B % 2% u% W% 1% % 16 8 sw T % 0% Open. High. Low. 2:55. Pond Creek Coal.. 12% 14 12% 41 Pressed Steel Car. 8'% 88 81% £ Pullman Co. - 106% 106% 106% 106% Punta Alegre..... 4% 47% 46'% 40% Pure Oil S B% 35 M% Uk Railway St1Spr... 83 83 13 & Rand Mines. .. B 2w B 1% Ray Con Copper... 18% M4 18% 1% Reading....... . 8% g% 82U 88l Reading 1st pt 52% B2 E2% B2 Reading 24 pf. . B6% 67 B4 BT Remington Typr.. 21% 324 21% 32% Replogle Steel.... 34 % 34 4% Rep Iron & Steel.. 64 65 64 65 Rep Iron & Stipf.. i 89% 894 89% Rep Motor Truck.. 20 20 20 20 Royal Dutch. . €l 66k 64% 66% StJoseph Lead.... 12 12% 12 §t L & San Fran Saxon Motors. ... . Seaboard Air Line. Seaboard A L pf. Sears Roebuck. ... Sears Roebuck pf. Seneca Copper. .. . Shattuck-Arizona. Shell Trad & Tran. D 3 Sinclalr Oil. .. 2% !% 23 Y% Sloss-Sheffield. ... 51 Southern Pacific. . 9% Southern Pac rg Southern Railway. 22% Southern Ry pf.... 88 and Oil of NJ... 158% Stand Oil N J pf. .. 106% Stewart-Warner.. 28% Stromberg Carb. .. 5% Studebaker. ] Submarine Boa 9% Superior Oil. 1% Superior Steel. 42 Temtor Corn (A).. 25 Tenn Copper...... g% Texas Company... 4% Texas & Facific... 16% Texas & PC & Oil. 301 Third Avenue..... 13% Tobacco Prod... . s Tobacco Prod pf... g1t Tol St L & Westn. . 10 Tol St L& W pf... 18% Trans Contl Oil..., g 8% 8 L Transue & Wiims. 89 - %9 8 99 Underwood....... s 15 15 U5 Union Bag & Pager 70 0% 7: 70% Union OIl. . 2% 5% 3% Uk Unfon Pacific..... 118% 120% 118% 10% Union Pacificpf... 66 6% 68 66% United Alloy Steel. $2% 23 %% 38 United Drug. - 95 95 %4% 9% United Retail Strs. 66% 65% 65 6o% U 8 Food Prod 2% 23 7 WY United Fruit L1990 200 199 201 USIndusAlcohol. 66 66% 66 66% U S Realty. . S M U M % U8 Rubber. S i64% GOl 64l 69% US Rubber 1st pf. 108% 108% 103% 1:34 USSmelt& Ref... 35 8 3:% 33% US Steel. 81% 82% 81% 824 U S Steel pf - 100% 109% 109% 109% Utah Copper...... 65 6% B4% 6t Vanadium Corp... 33 35 33 35 Va-CarChem..... #1% 38 % 38 Va-CarChem pf... 96% 9% 9% 9% Vivadou -8 8 % 1y Wabash. .. . 8% 8% s &% Wabash pf A u% 2 oy 2 Western Md. 0% 11 1% 10% Western Md 2d.... 18 18% 1% 1% Western Pacific... ni% % 2% 28% WesternPacpf... & 6 6 69 Westhouse E& M. ¢ 4 &% 43% Wheellng &LE... 10 104 10 1o% Wheeling & LEDPt 17 1% 1 1% White Motor. <3 3% W mw White Oil......... 16% 16% 1% 16% Willys-Overland.. o% % 6% 7% Willys-Ovidpf.... 3% ss5% mi% ss% Worthington Pmp. «% % % sy Call Money. e 3 s HOURLY SALES OF STOCKS. lam..... 14100 12m. X 1p.n ~3290 2pm.. —_—— LIBERTY BONDS. Washington . ¢ TRUST COMPANY. American Security and Trust...*225 249 Comtlnntal Trusts . oo rost 12 300 12 263 SAVINGS BANK. Commerce and Saviugs... East Washington Merchants’ .. 147 Securlty Saviogs and Commercial 198 Neventh Street. 180 Union 112 Untted States.. .. 22 Washington Meehanics 2 FIRE INSURANCE. Arlington [ Firsmen' M German-American . 230 Nutlousl Unlon. o 1% TITLE INSURANCE. Columbia Title .. 4 Real Estate Title 4 MISCELLANEOUS. com..... 9 Columbia Columbla Gr D. C. Paper Mfg. Co. D. O. Paper pfd. 3 Mergentbaler Linotype.. 0id Dutch Market pfd.... 0ld Dutch Market pfd. Loty et W ethington ® Market. *Ex dividend. Belle Kearney, who aspires to be- come United States senator from Mis-. sissippl, has been on the public lec- ture platform for more thirty years. .- - Sl Jquart, 15a25. Noon prices (by Redmond & Co.) for | United States Stedl 8. F. 5 The Star_over ditect New York-Washington | Virginia-Carolina Chemical wire by Frasier & Co. | Wilson & Co. 1st 6s...... STRONGER MARKET | LORAY'S BOND PRICES. i oi P z . % e i Dominion of Cagads v of 1931 9% SHORNT-TERM SECURITIE ! CASSATT French Government 8s z 10014 (Reported by Frazler & C¢ i O ;r;ve;nm«n; ;{,S,wnp:’rlnnd R l;‘;‘l: Ofer : filapioms ot Reletem Tide §i8| Amercnn i1 OFFERINGS —_— | faip | American i - L 5 st | American fl MONTHLY = erican ! R . s e Sterling Higher—Motor and | meican et and Tei fo% | American 1 A L LY s e g Hig Amoed 0% 4308 77 | American T fected list of in- Atchison, Topeks and Atlantic Coast Line 7s. Raltimore and Ohio conv. 4155 Baitimora and Oblo Baitimore and Ohio 8. Bethichem Steel retd Tire Shares Reflect In- crease in Trade. Armour & ¢ ated conservative The speculative stock market is not, of course, controlled by the same in-{ fluences the investment market. Still,, it couly not help being stimu- lated by a bliying movement of such dimensions as has been going on for ware and Tudson 7s 1930, Kindly ask for Cirewar 31 general lien s Central of Georgia Ry. 6s 1t BY STUART P. WEST: Conirat Teather ad to AT Sy Chesapeake and Ohio’ conv. 414, NEW YORK, January 6 (Special) —| jaapeake and Ohio gen. 414s.. 11} send you a copy, and 1o the growih and prosperity There was no let-up toduy in the invest- | Cicsabeake and Oulo gen. 45 ! 3 Wastiagton, ment demand for bonds and high-grade | (ns fur and Quiney Jt. 4 G 1 iill t0 assist vou in the Stocks. Liberty bonds made a further | ni’, Mii. ‘na St.. faul retd, & RO omac e | S gain, and, while corporate issucs were | C St. Tal_conr, Co.” 11gs. Jun: of your } more irregular, there were numerous ern ; i 3 | Tow high figures recorded, and this | (k. Rock Diand and fac HEl SWARTZELL, RHEEM & on'a Very large turnover. | Chicago Union, Station Gis.. il HENSEY CO. 1 i | Souzhweste Swift & Co. | Texas Co. W 727 Fifteenth Street N.W. ington, D. C. THE NATION’S HOME TOWN. CASSATT, ¥ CO. | ! Iit PHILADELPHIA l i s 192 Inter. extern Electr Rapid Transit 1st and_ref. the ‘last week or more in the bond e L SR T | Westinghouse 4 STPAUL STREET Il || list. Speculative Wall street. which |y [0 py pera) 4s. .. | & % > = + Ha baon Glcentical offthelire sant in= | tansor Lacloc generat oo FOREIGN BONDS. BALTIMORE i | provement and has not believed that York Central . fis | Quotatiops furnished by W. B. Hibbs & O NEW YORK - PITTSBURGH - SCRAI the rise could go anything like as far, | New York Telcphone fs. ... Rl g e ] TS kas plainly underestimated the in orfolk and Western eonv.” 4. Rerlin 4u B ov. 314 111, vestment feature in the situation A T i < 4 | Greater I " Also it has not laid enough stress | Norien 1o < | Kremen 43 : upon the recovery in the {.m!;:n] X e \vania Cheamnioeds Sterling jump some 15 cents in the | hennayivania gen. | D et = PRINCIPIES I Z pound in less than a fortnight. qm»...;u general | Darmstadt “4s.o0 . ! VlNGS BANK Sterling Tigher, liSEErans | Dresden” 32 ok ... 16 OF PROFITABLE A \ . JICETaant rrsden 4;e Finer Bank i% 16 Sight drafts on London after ves-|s | Dussoldort 4. s INVESTMENT > terday's extraordinary performan w3 | were naturally inclined to sag off, but " | Pranktort 4 o eplondidbookis Sled withsmnd the reaction did not set in until rates 915 | Hamburg. 34, advice on investing. Jtis a had ome their previous high Dbern Railw: 0" | ambire 335 on judging security vzlues, and shows M details were received regardin uthern Kaflway #0% | Pamburg yoa to distinguish hetween the the plan to bring about better condi- | Unfon Pacific 1st 4x 8114 | Hamburg 415, Nat. war loan | fl sound and the unsound—how o draw tions through the use of British gov- | Cnion Pactfic comy. ds. 82 | Korniuberg "450 143 War lmn {} the line between speculating and in- ernment credit. It appears that parli- | Union Pacific ds 1028..... 91 | Leipaig 4145 161, Teadian b, |1} vesting. Itshows you how to eystem- ! et 3 e $130.000,- | /nited States Rubber 35, T3 | Lelpie On... atize your saving and your investing e L e e el amount. wili | Unlted States Bubber %4 | Munich % on a monhly basis. Itie 100 and that ha Thited S o : e o : S S 1 ] et oAk ovar loh gharantesie patnat] Meaes SRR 98 | German & Belglan Prem. * | erineed ;r:pbcund—. book yom will loss the syndicates orl :::;:xk:“x:ml!l.ln; rain Produce 7 1 = flm‘nmwm'm*'_d.m surance companies which w E so-called credit bonds to merchan‘s an L st k S O 2y DUl 1Ve OIOCK || KRIEBEL € CO. n today the market was bafing GRAIN AND PROVISIONS. DAIRY MARKET. | INVESTMENT BANKERS to the traders. Ever since the first of | BALTIMORE, Md., January 6 (Spe-| BALTIMORE, Md., January 6 (Spe- 137 So. La Salle St - Chicago the week the great majority of the|cial). —Potatoeg, white, western Ma dab > > D — professionals, hoth on the floor of |jand and Pennsylvania, No. 1, per |%iaD.—Arrivals by boat: Chickens. S the exchange and in the offices, have | hundred pounds, 1.75a2.00. Eastern | young, large, per pound, 32; small to oney to an BOUGHT AND SOLD FOR CASH been bearish and have been Working |shore of Maryland and Virginia, | medium, 32; poor, 28; old roosters, 20 o Bolll on the short side. They have been|cobblers, 1.75a1.90. McCormicks, 1.40a | ) 5y " =Y ' | Secured by First Decd of Trust on Real Estata { perfectly surprised at the extent of [1.65. Native and nearby, No. 1, 1.75a | ens, four pounds and over, i et iR et =g the rally and have been losing money | 2,005 No. 2, 75a1.00. Sweets, eastern |Small to medium, 28a30; white leg- Joseph 1. Weller 2, Wash. L. & Tram 604 14th St. NW. in their efforts to get pri down. | shore of Maryland and Virginia, No. 1, | horn hens, 28230: young white leg- 2 carly all the brokerage literature|per barrel, = 2.50a4.00; native andip,.. ‘g0 o5 s h been either bearish or non-com- | nearby, 4.0094.50; 0. 2, 1.50a2.00. " + ducks, muscovy, young, per mittal. Nobody could have read the|Yams, all sections, No. 1, per barrel, | pound, 30a31; white pekings, 33a34; letters that have gone out during|350a1.00; No. 2, 1.50a2.00. Beans, | puddle, 32a33; smaller, poor, 28; tur- the last few days and gone in and|Florida, green, per hamper, 2.50a4.00; | keys, choice hens, per pound, 48: bought stocks. The whole tendr of | do., pearl and wax, 2.00a3.50. Horse- Young gobblers, 45; old toms, 42; poor comimission house advice has been|radish, per bushel, 4.00a5.00. and crooked breasts, 38; geese, Mary- that the thing to do was to hold off | Cabbage, New York, Danish, per|land and Virginia, fat, heavy, per and wait for prices to drop still lower. | ton, = 25.00a30.00. Cauliflower, per | bound, 32a38; southern and western, The market, while still somewhat|crate. 2.50a3. Celery, washed, i ‘Z,XI!;M‘;,"M'-,M‘ lslzanf:.fl 35a36; trregular, was stronger most of the [bunch, 50a90: rough, per crate, 2.50a | 0ld. air, 35a40; young, time than yesterday. There was sharp|3.50; do., native, per bunch, 6a8. Car- [guinea fowls, young, large, each, 50; “ ARGENT]NA upbldding of the motor stocks, the |rots, per 100 pounds,’ 1.00al.25.}small, 40; old, 25. = % tire shares and others which have!Spinach, per bushel, 60a90. Eggplant, | Iressed poultry—Turkeys— Choice There are over 35000 in- been hit hardest in the recent slump. | per &rate. 00a6.00. Lettuce, per 22 I::lr:)cy.o]dgafm di “fa»r ui! good, h’x dustrial establishments These stocks were closely enough re- | hasket, 1.00a Savoy cabbage, per | 48; do.. om a 0., poorly H : i flecting the confidence which is grow- §0a75. .Squash, Florida, per|dressed and thin, 40. Chickens— A;g““‘"“‘ ;&‘Mfi":fl ing every day that the business situa- 3.00a3.50. Peppers, Florida, per | Young, 33a34; mixed old, e gt E tion has turned the cornmer. This 00a6.00, roosters, 22; ducks, choice fat, with a_ productive output feeling has naturally been encouraged Western Maryland and| Ecese, choice, fancy nearby,’ 35 amounting to $1.230, very much by the numerous reports | pennsyivania vellow, 100 pounds. 1.00 | southern and western, 32al3. s et Feceived during the 1ast few days of | o1ob: eantern shore of Maryland and | EEEs—Western Maryland, Pennsyl ?\tui '0‘ ‘:‘"‘“;‘“u: industrial plants starting up again, | Virginia, bulk, per 100 pounds, 1.00a | Vania and nearby firsts, per dozen otal cxports are sen and still more by the willingness of [1.25. Kale, Norfolk, per barrel, 1.50a | €astern shore of Maryland and Vir JOHN L. MERRILL, Pres. the United States. Jabor to accept a wholesale cut in|200; cucumbers, Florida, per crate,|&inia firsts, 65; western firsts, 65 Cabl ALL AMERICA CABLES wages as its contribution to the proc- | ¢.0048.00. jwestern Virginia firsts, 65; southern able Office, 1126 Conn. Ave. g aided in the development ess of deflation. The short interest| Tomatoes, Florida fancy, per crate, | firsts, 63. Telephone Franklin 1169 of the great commerce be- in Crucible Steel and in General|6.00a7.00; choice, 56.00a5.50. Oyster Butter—Creamery fancy per pound tween the sister republics of Asphalt was roughly handled while|plants, per hundréd bunches, 7.00a8.00; | 57a58; prints, 57a59; nearby creamery, | attempts to break the Mexican oils|broccoli, per bushel, 50a60; brussels)54a55; Maryland and Pennsylvania met with very little success. Railway {sprouts, per quart, 16a20; parsnips, per | T0lls, per pound, 25a30; Ohio rolls, 24a stocks did better both in the dividend | bushel, 90a1.00; turnips, per basket, | 28; West Virginia roll aze; store paying issues and the low-priced |6§0a65; pumpkins, per 100, 10.00a20.00. | backed, per pound, 16; vland, Vir- Lok ‘Apples—All varieties, No. 1, per bar-|inia and Pennsylvania prints, per e rel, 3.00a6.00; do., No. 3, 2.50a3.50; do., | Pound, 25a30; process butter, per pound, 40242, NEW YORK, January 6.—Butter— Steady; receipts, 5,776 tubs; creame box loose, per 100 pounds, 1.2521.50; apples, per box, 2.0023.50. Oranges, per box, 3.50a5.00; CURB STOCKS. Quotations furnished by W. B. Hibbs & Co. cran- . 12:15 p.w.~ | berries, per barrel, 14.00a16.00; grape- | higher' than_ extras, 57%ass: extra | (5 fl:g;g:&;-’;‘s-u-n),, PR ing., A-lxrr? Prait, par box, 2.50a4.00; tangorines, 5T dirsts. (88 To 1), 141 ! 8 (6-15-47. Explosives .. % per sirap, 4.00a6.00; strawberries, packing stock, current make, = Liberty 2d 438 (11-15-43). G ATACES 17 1 |Fiorida, per quart, 55a65. No.'3, 20. i) : Liberty 3d 43¢a (3-16.28) ol o e e i Selling Prices At Noom. Eggs—Irregular; receipts. 11,086 ‘f) Open at 8:30 AM. Every Banking Day_ Liberty 4th 4% s (10-15-28) . g9 gy o 4 | Die Heart 5 Wheat—No. 1 red winter, spot, |cases; fresh-gathered extra firsts, 66a | | Victory 3%s (5-20-23 8380 8724 | g Ledge 1.99%: No. 2 red winter, spot, 1.99%; ! vania’' and nearby western hennery,| Victory 4%s (5-20-23 ). ... 9308 9580 |Boone Ol No 2 red winter, garlicky, spot, 1.81(1/3{\'1;n|:\ and nearby western hennery, | : 20-23)......95 68 93 86% | Boston and "Montana per bushel; January, 1.83%; February, | whitcs, firsts to extra, 70a77; do., | ° ° D :mfll:nd Wyoming. 1.85%. :rown e:lral. 7';1171‘: dn.',l gathered { | o um 4 Calumet and Je Wheat sales—Bag lots of nearby, by | brown and mixed colors, firsts to ex- L a IVIDENDS DECLARED e sample, at 1.60, 1.65, 1.70 and 1.72 per | tra, 65269; refrigerator firsts, 61. JE Amarican Cj Record. arib Syndica: Corn—Cob, new yellow, 4.10a4.15 . whole % , held, speeial, | Capital 91 F s Brirn Shoe (o phi; ety T per barrel in car lots; track corn. yel- | €arly made. 27a28; do., fall made 25| SZSI‘:}W,OO l treet sms"’:” Commonweslth Edison Cities Rervice (new) 29, %|low, No. 2, old or better, at 95 per|228: do. Bverage run, 2da o " 2.. i Cities Service (old) 2307 o259 | bushel. b '}ode = '-’.‘ r”z':‘ o s iy Fareka Fipe Line. q.'§ Citles Service pfd. o ® Corn sales—None. 2o memenman, Soet i Yalardo Bugar” co. “g250. Golonal Tire . .- 2 3 | Oats—No. 2 white, 59% per bu: —= — | - . o'y, va, 4 Ondoaice Columbla. 8y adscate SE Nelagurics etivecin | A Good Banking Connection Becurities Accep: Consolfdated Copper 3 ;1% Rye—Bag lots of neaby rye, as to 3 tull pa., pra, g, §2 Creason Goid % 1% [auaiity. 150u165 per by No. § weal- { 4 ort, . 1.78% bu. bid. 2 . oL ey _ Bominion o1l fRt it ok 1 timothy (lominal). 3000 MONEY TO LOAN i —leads to better things, and it’s just what *“Col ~ . Elk Basin . 77 81 1230.50; standard timothy, 28.50229.00; 5 | o ATt » i Washmgton Stock Exch: Brtel Ol . * 4 | Standard, No. % 2750a38.00; No. 3|l _on improved Real FEstate umbia National” has to offer you. ange. | koreka Croesis 3" 40 wotiny, 22.00a25.00: No. 1 _light | Prompt transactions. Prevail. e clover, mixed, 27.50a25.00; No. 1|§: " ¢ 5 ! - g s fian n* clover. mixed, 28.00a26.00i No. Z|finginterest [§ 1 Establish your credit at this helpful bank - Oil clover, , 2. .00; . ‘' i < 4 3 'shiagton Rwy. ptd—S at 51, 25 at 50y, g};,grvgk o, % cloyorfaTi00a38 00N B2 IlON S ae 00 Thomas J 54 now, and let us add our efforts to yours, so % oldwyn Picti 114 25 00 sample hay, 18.00a22.00. as i : : Saragion Gas—6 at 385, 25 at 38y, o | Guley Gillespic 21} Straw—No. 1, nominal; No. 2 Bl B 1921 will be a year of mutual prosperity. Colatibia Graphophone com. .20 sty ol 4% straight rye, nominal; No. 1 tangled Fo | ok ¥t Washington gAY Ry CALE 0 ¢ PR | Hereuted Fapi 27 e, 1L00: Noo 2 eaniwied tye; 1800, 1sher ., Inc. |iE Our officers await conference. = 000 at 73. Indian Packing . 2 No. 1 wheat, 14.50a15.00; No. 2 wheat, | yashington Rwy. pfd.-16 Int i % 13.06413.50; No. 1 oat (nominal), 18.00 Real Estate Brokers 2 S 5 : Capital ‘Traction 3 at azg. ' "% Intornations] Pettorema’ (iew). 15 1038 |a18.50; No. 2 oats, 16.00a17.00. ] £7FOREIGN EXCHANGE BOUGHT AND SOLD Bid Jerome Verde Hai vl i 738 15th Street N.W. i .n‘B(A)l.Nked Prices Kay County Ga ; | e 5 PUBLIC v%i," Leiigh Goal and Navigation, v 2 Compound Interest Paid on Savings. g Lone Star Gas.... = You can o a Savi Account American Tel. and Telga. 4o, Livingston Petroleu | O You c . ngs American Tel. and ’mz'-l 4%e.. ;‘:“m ‘:fw-r . Amounts of $250 UPWARD at this Bank with as little as an Tooad 1wl 3:,"632- Mariand Reone . 3 SAFELY INVESTED in Notes Anacactis 51 Rotmec fo.. i ey sliey - B Secured by FIRST DEED OF TRUST Cantta ko, Aelqphone Se. Midwess ot ‘ora: 11 on IMPROVED REAL ESTATH Open Saturday 5:30 P.M. to 8 P.M. 5 R : ity ana Subartan s N opae s w ; fn the District of Columbia. ropol n R. Bs. e 0 20 Potemac Electric Light New Comella 13 18 i potamas Eloctric Ligat S Nipigsng Miacs €5 T - Lincoln Haid: potomts Histint Fower - Noruhwesters oit &, 5 £ ,4|Japanese Issues Were Also in Interest 7% b Aler ana s 4 M Omar 01l (new) 2 5 h e o il - Washiagton ' Gas HA Peanck_0il 5 :%| Good Request— Indus- H. L. RUST, vn’:\:r::-d nllcy“:hhh Darmenize with it. Let -n_:-u- - on Rwy. and Elee. 1118 . o oy, exd e 6% S'e T 12 trial Group Irregular. R ’ Joanslet all lovers of Mbarty evacywhars, Soiu Jn £h sl ELLA 2 d good werk. D..C, Paper Mr. s¥lcris NEW YORK, January 6.—There was 912 15th Street N.W. salgel, Riges lealty be (oane); Ryan Consol 10 not the same unmiformity in the up- STOCKS St Gries oacing 2h ward tendency of bonds today that POBLIC UTILATY. Sapuipa com. " s there had been vesterday and the 5 Ametican Tel."snd Telga 5 oo, | Hkelly ORI 510 h day before. Still the market was 4 ‘,:_.‘nm'l‘r-fl(l;: i ::.l-’»;.lt-:.. of America 2y 23 | buoyant and recent gains were well FlNANC[AL ic‘?n:lknw Wass. 177 199% | Tonopah Divide o . Yoty % | maintained where they were mot in- -:g:no..‘el.y, ;‘.‘"‘n'}".,'v = s | Ruacpal Extenston ", 1316 1% [ereased. There was a particularly Gilt-edge First Mortgage x Wastingion Virgials ey com- 1 s e % ou 5""1" demard ‘°‘; f';':" ::c“”::’“'l'u:';: Notes, secured on D. C. Real - A . 1Books closed. U, 8 Lixht und Heat pra A lEwAs Toyernimel goun Estate, for sale. Thirty years’ ccomd‘m A o . NATIONAL nwx,m et Shaning 1t iy |and Swiss clll;m bonds like the Bern ARl e I (el ns |U 5 Steanaip 1 1i4 | 88 and the Zurich 8s were very strong, f o % - | United Toean & 5 %" |gaining a point or more. Japanese|l a client. We attend to all Going out of our beaten path to help Disteiet 168 Warren Bros. . % ;u‘“';:o;';mu;em: were wall bought again. || geyaiie Courteous treatment. the other fellow, meeting him more ‘armers ane echanics’ Wayland 01l 3 lently as a result of the optimistic . = " Federal isa Warue Coat . 2% | predictions. that are being made re- | ;ihmll half way, smoothing outl:mle dif- 120 Vet End cons. . 1 garding the outcome of the negotia- s and annoyances— are e 10 Weight dero . i 10) fions between the authorities at| Percy H, Rllsse“ Co., c“l fres. 'la d y] : e /4 e e Washington and Tokyo on the Cali- both privileges and pleasures. fornia land qGuestion. Railway issues were strong, but there was little change in prices. This section of the market seemed to be running into heavy realizing sales. The Atchison 4s at 761, the Baiti- more and Ohio 4s at 68, the Wabash S.W. Cor. 15th & K Sts. N.W. Armour Leather pfd. Armour 4 Sabvings Accounts , tl Uni Pacific 4 LOCAL WHOLESALE mamwmm, |bis, ani the Soutnern -Peciec is EQUITABLE 39, Interest Eggs—Strict], i .| around 70%, were ail substantially the average receipts, oh southorn, g5 O | same as yesterday. CO-OPERATIVE BUILDING oA Tt Industrial Bonds. 1 In the industrial group profit taking made itself felt in the Chile Copper is- sues after their very sharp jump of Live poultry—Roosters. per | turkeys, per lb., 48a50; chickens, per Ib., 35a40; hens, per Ib., 36a3 young, each, '30a50. requested to have 1st interest credited in their Pass Books. ASSOCIATION Organizea 1579 Dressed poultry—Fresh killed spring | the previous day. Sieel sinking fund 41st YEAR COMPLETED oo l;;;m- per 1b., omz,; hens, per 1b., | 5g held around their top of 94. Mid- ARsete’ oo b ke $4,238,020.00 Ib., Bossacrs: per b, 23; turkeys, per|vale bs were dealt in between 75% Sarplus ........ $1,000.035.61 Commercial FAccounts Monthly Statements Rendered Foreign Exchange At Lowest Rates and 77, and Westinghouse Electric 7s were active and strong around 96. The traction list was still reflect- ing the disappointment over the want of any reference to the increased fare Pork—Dressed, small, 16; medium, heavy, 10a13. Live stock—Calves, per Ib., lambs, 10al1; sheep, 3a6; hogs, 1 Green fruits—Apples,” per bbL. 3.00a 15; Save Systematically Daring 1921 17a18; A S in the legislative program 5 7.50; per basket, 75a2.50, California | Iuiiio”, Systematic waving in_the Equitable % 2 as laid out by the new_ Governor of lemons, per box, 3.00a4. P R EOT o G S edislol Pullding Association will result in your accomplishing more than ever in ples, per crate. saving. 28.00. Californis oranges, per crate, 5.00a5.50; Florida granges, per crate, 5.00a5.50. Grape- fruit, per crate, 4.00a5.00. Vegetables—Potatoes, nearby, No. 1, per bbl, 2.75a8.25; do., No. 2, 1.25a1.75; northern, per sack, 3.25m3.60; sweet Dotatoes, per bbl, No. 1, 4.00a5.00; No. 3 la, 1. ‘elery, —per doz., 50a1.25; New York celery, 2.00a Rapld Transit 68 and the Third Ave- nue adjustment bs, found plenty of buyers on the ground that the out- look for the traction companies is much improved by the decline in the price of coal and other items of operating expenses. PIANO FACTORY CLOSES. bseriptions for the 80th Lssue of Stock Being Recelved Shares, $2.50 per Month 4 Per Cent Interest - 4.50] California, 5.5026.00. Romaine let-| BALTIMORE, January 6.— Knabe , ’ e, oL TR ™ Barmaa por B Soa | plans: fasiory emptoyes, who were taid|] EQUITABLE BUILDING, 2.00. Cymblings, per crate, Fl off Christmas for a ten-day period, 2:5023.00. _Spinach, per bbl. 2.50a3.00. | have been furloughed and the plant 915F St. N.W. ‘Penu"pfl;'NY hl:kel. SNMOM ‘Toma- ao;u:‘inllefln:l::‘y. ’p‘ll’: nhpo.rltefl. Dtxu JOHN JOY E .7 e é oen, por. box. 6.8043.00. Onions, per |to dullness of the piano business. the DSON. Preatden sack, 1.76a2.00. Brussels IDI‘MI& 2 officials are taking their time at mak- m'x P "um!. Secy. Cranbetries, 18.00 per bbl . ¢ ing inventory this year, s=====—= NATIONAL BANK SESSSENNE LS