Evening Star Newspaper, January 14, 1921, Page 29

4 elected \ \ ! FIN CIAL. NEW YORK STOCK EXCHANGE. Receiyed by Prlv-te Wire BUTLITLEAGTION NLOGAL SECURITIES Washington Gas 5s Easier. Dividends Declared—Bank Elections. BY L A. FLEMING. . Business on the local exchange was Umore active, but the aggregato tran- sactions were not heavy, while prices were barely steady. Capital Traction $s brought 36% lnd 6% ; Washington Railway general 6s, 91 and Wash- ington Gas 5s made a new low at 73. Stock sales were especially light at 58 for Washington Gas and 120 for Mergenthaler. Lanston opened with one small lot selling at 73, the bid made, but thereafter there was an advance to T4%. Dividends Deelared. Directors of the Washington Gas A Company have declared the regular vidend of 90 cents a share for (h urrent quarter, payable February 10 shareholders of record January ‘The regular dividend and 2 per cent extra declared yesterday by the Wash- ington Loan and Trust Company direc- tors, are paysble February 1 to share- Tolders of record January 24. Departmental Bank Opening. The latest candidate for public hvor. the Departmental Banok, will open for business on Monday morning at 1714 Ings Bank name of Waiter H. Klopfer, vi dent, unintentionally was omitted. Financial Condition Streng. The chief encouragement one can find in the January number of the Federal Reserve Bulletin seems to be in the reiterated statement from every district that financial condi- tions are better, that regular credit demands are being cared for, and that he railroads are functioning 8o that @bipping facilities are |nr¢ Most of the reports are orable for retail trade, while l\ldlulln‘ 2 slowing up and adjustment of wages u menufacturing activity. Chicago, Minneapolis and San Fran- <cisco seem to be taking the mest hopeful views of business gen- wrally. Bank Electleas. . Ta Sansbury was chosen by the directors of District National Bank vacancy on the official roste Directors of the ‘taunnal Capital Bank re-elected H. H. McKee, pres; 8. H. Walker, second vice pre H. C. Stewart, cashier, ans . D. Walker, assistant cashier. Harrv V. Haynes was re-elected resident of the Farmers and Me- chanics’ Natiopal Bank. Rodert D. Weaver and G. L. Nicholson, vice presidents; H. L. Selby. cashier; Charles T. Cropley. assistant cashier, and 1. W. Hopkins, auditor. Albert F. Fox was re-elected presi- dent of the Columbia National Bank. Charles B. Bally and Benjamin W. Guy. vice presidents; Clarence Corson, cashier, and Arthur N. Mitchell, as- sigwant’ cashier. Fiil Vacaney. Directors of the Anacostia Bank at a meeting held yesterday afternoon las A. Manuel vice presi- dent, filling the vacancy on the offi cial roster caused by the death of Dr. R. A. Pylee. Mr. Manuel is the manager of the Congress Hotcl and a director of the Continental Trust Company. ing the last year the deposits of costia Bank have increased $736,673 to 3864.227. a gain of 00. The bank increased its un- profits from $2,360 in 1919 to $16,166 in 1920. Northwest Savings Bank. Invitations are out for the opening of the new home of the savings Bank, ar_ (olumbu I5th street, from $:30 t Jvening. The ne bank building \offers _ample opportunity for the owth and progress of the institu- fin The architect and the bullders nave made the most of their oppor- tunitics. 4 Washington Stock Exchange. SALRS. Capital Traction 55—$1,000 ac 865 Potomac Electric gen. Gs—$1,000 al 91%;. ‘Washington Gas—10 at 38. | qdlneon Monotype—6. at ungmnur Linotype—1 at 120, 10 at 120. v'nn OALL. 4 10 at 7%, 38,5 L 38 Bid and Asked Prices BONDS POELIO TTILITY. American Tel. and Telga. 4e... American Tel. and Teiga. 4l Am. Tel. and Tel. ctl. tr. Bid. i « City and Suburban 7 | Metetites B & 2 Bleetric Fotomar Bieetti Caons. Open. Adv Rumley pf.... Allied Chemical. .. .ulled Chemical pf Allis Chalmers.. Am Agr Chem. . 8 Am Hide & Leapf. 4% Am Internsational, Am La France. Am Locomotive. Am Malt. Am R.dllur. . Am Sumatra. T84 Am Tel & Teleg... 9% Am Tobacco. s Am Tobaceo (B) Am Tobacco pf (n) % Am Woolen. . % Am Zinc & Lead. Ne AmZinc& 1Apf... 88 Apaconds Assets Realzn. Asso Dry Goods.. Asso Dry G 1st pf.. 88 ™% AtlanticCst Line.. 8 Atlantic Fruit Co.. Balto & Ohio pf. Beth Motors Beth Steel (B). Beth Steel $% pf... Booth Fisheries. Burns Bros. Batte Copper. Butte & Superior.. 12 California Petrol California Pet pf. Canadian Pacific. Central Leather. Central Leath pf.. Cent RRofNJ Cerro de Pasco. Chandler Motor. Ches & Ohio Colo & Southern... Col Gat Cel Graphophone. Cons Cigar. Cons Gas of Cons Textile.... Cont Candy. Corn Products. Cuba Cane Sugar Cuba Cané Su pf. Del Lack & Wstn Denv & Rio Gr. Denv & Rio G pf. Dome Mines Durham Hosiery. Endicott-Johnson. lfl: Erie. 4% Erie 1stpf......q 21 Famous Players. .. (513 Fed Mines &S Df 21 Filk Rubber...... M asten 'l)lll.-l I Gzn Asphalit . 64 Gen Cigar. . Gen Electric.. Gen Motors. Gen Mot 7% deb Granby Consol‘ Goodrich Gondrich pf. Great Northe: Great Nor Ore Greene-Cananea. Hartman Corp. Hendee Mfg. Homestake. Houston Oil Hupp Motors. Iilinois Central Inspiration. Interboro M Interboro Met p .. Intl Agr Chem. Intl Harvester. Intl Mer Marine. Int] Mer Marine pf Intl Moter Truck Inil Truck 1st pf. 0% Intl Paper Tnvincible Oil Island Oil. Jewel Tea Jewel Tea pf. Jones Tea Kansas City Seu. Kansas C Sou pf. Kelly-Spring Tir bl Lee Tire & Rubber. Lehigh Valley. 4| Liggett & Myers pf um £ = and Elec prd . i’ 4w 18 206 ijerma Natiosal Un! €elumbiz Title. Zeal Extate Tit MISCELLANEOUS MTUCKS, on Mergenthaler Linotrpe 14 Dutch Ma: ©ld Dutch Market pfd iamn lonvl voe Mhm o Mark FOREIGN BONDS. Quotations furuisbed by W. B/ Hibbe & to. Loews Inc Manhattan El Marlin-Reckwell Maxwell Motor May Dept Stores. Mexican Pete Middle States Oil Midvale Steel Minn &StL(n)... 12% Mo Kan & Tex. Mo Kan & Tex D Mo Pacific Mo Pacific pf.. Montgomery Ward lm Mullins Body New Or Tex & M... &% N Y Central . NYChi&StL.... 2 Oklahoma Prod. ] Orpheum Circuit o-ve Bottle .c Gas & Elec. i) Pacige on., ). Pnrln. & Bingham. Penowylvania..... 4% Penn Seabd Steel.. 4% People’s Gas..... Peoria & Eastern.. Pere Marquette. Phila Company. Plerce-Arrow. Punta Alegre..... PureOil.... Railway 8Stl 8pr 44 Ray Con Copper ; 87 | Readin 61'% . 6b% . i90% . W% Reading 2d Remington Replegle 8teel - High. 9% 9% llé | m‘ “ Liberty 4th 4%s (10-1 llfih‘ iGrand 1 Bands Quickly Taken—High- {3 West Virginia, THE EVENING STAR. FRIDAY, JANUARY 1f, 192 TODAY’S BOND PRICES. Neom prices (by Redmood & Ca.) The Bur_over direct New York Direct to The Star Office. Open. Rep Iron & Steel.. ¢ Rep Motor Truck.. 20 St Louis Southwn. um St Louis Sown pf.. 39 Santa Cecilia Sug.. 4% Saxon Motors Seaboard Air L Sears Roebuck. ... Seneca Copper.... Shell Trad & Tran. Sinclair Oil. . Southern Pacific Southern Pacrgts. Southern Railway. Southern Ry pf. Stand Oil of N Stand Oi1NJ Dl' Stewart-Warner. . Stromberg Carb Studebaker. Submarine Boat Superior Oil. Superior Sleel 3! n% 984 Texas & PC & Oil. X Times Sq Auto Sup 10% Tobacco Prod..... 63 Trans Contl Oil. Transue & Wilms. ion Bag & Paper Ln n Pacific. U S Indus Alcohol. “h U S Realty. U S Rubber. U S Rubber 1st Df. ll!K U S Smelt & Ref. U S Steel. U S Steel pf. Gtab Coppe; "tah Securities. Vanadium Corp... Ya-Car Chem. m u% 109% ¢ 63 9% Eid %l Wells-Fargo Exp. Western Md. Western Md 2 Western Pacific. Western Pac pf. Westhse Air Brk. . Westhouse E & M. Wheeling & LE. .. Wheeling & L E pf White Oil.. White Motor. ‘Wilson Compa i64% Willys- Overund‘.' DT ¢ Woolworth. ns nee ek Worthingion Bmp. 464 e i sens| 20 High. Low. Last. | U Call Money..... 6 L] L HOURLY SALES OF STOCKS. 1l1am 19500 12m « 1pm w™ 2pm LIBERTY BONDS. 'i. ] K. of G. American Tel. Armour & Go. Coast Line T hoespoake tral 574 Tnternationsl Mercantile Marine . Inter. Rapid Transit 1st and Loviswille and M Baitimore and Ohio cenv. 41 Baltimers and Ohio fa. Contratof Georgla, R5. 6 20% | Central Leather 288 | Chempeske and Obio « d Onio g tod for ashington I Santa Fegen. da. L.0CAL WHOLESALE NARKEY. Eggs—Strictly fresh, per di 82% | average receip Live pouitry—Roosters, keats, voung, turk!lys- per 1b., 50a5: Dressed poultry- 024 chickens, per Ib. roosters, 60. 404 r 1 per. og, 59:-0 i per chickens, aprin, l 36a37 resh killed spring Dressed, nmul 28 {medium, 14al5; heavy Live stock—Calv 1% lambs, 10a1l: sheep, 3 Green_fruite—Apples. per m. \eteuhh)—?nulou nelrhy per bbl, 2.75a3.25: do., No northern, per _sac] @ | potatoex. per b uce, uce, .26. 00 mblings, 3. (3)' pinach, per bbl., eTS, r basket, 4.00a6.00. phere be 0048.60. Onions, shee hogs, 1 hens. per Ib. 3; turkeys, per 15a16; 002 . _California 4.00. Pineapples, California oranges, Florida oranges, pef Grapefruit, per crate, No.- 1, 1.25a1.75. sweet 50; No. obazo0 Celery. New York celery. E a, 5.5026.50. Romaine let- per_box, 1. 522.00. Brussels sprouts. Squash, per bbl. per crate, 1.50a da, Toma- per per Cranberries, 18.00 per 62% | Westinghouse E. & Gram, Produce and Live Stock Imlck! 1. St. L. and Ssn Fragciwo € 1929... .. 8t. Louis and San Francisco inc. 6s. Sea Air Line refdg. 4 Southara Pacifi> 1si. re! Unicn Pevific 152 4s New York Transportation v W& o s SHORT-TERM SEC (Reported by Frasier & Co.) American Tel. & Tel. American Tel. & Tel. Thread Co. American Tobacco Tobacen Co. Anglo-Americ Armoor & Bethlehem Steel Betmicnem_ Steel 10 1r=t Capadian Pacifl 1924 ntral Argentine 6s 1 37 Chicago, R: T. & Paciti b 1922, Q. C., C. . _Tauis 6 1929. s 1923 z Kennecott Copper 7e 1860, E Ligeett & Myers Tob. & uc:l Swifc & Co. @ 1921 Texas Co. 78 1 Western Mlectric 1‘ ,GRAIN AND PROVISIONS. BALTIMORE, January 14 (Special). i —=Folatoes, white, weatern and Penn lvania, No. 1, per 100 pounds, 1.75a .90; eastern reinia -1 No. 1, per baml native and | mearby, 4 Florida, zreen, yyer b: 5.00; pearl and wax, 2.00a rseradish, per bushel, 4.00a ‘Cabbage. New York, Danish, per t 20.00a25.00; caulifiower, per crate, 2.50 83.00; celery, washed, per bunch. 50a ; Tough.-per crate, 1.5023.0 tive. per bunch, 6as: carrots, p pounds, 1.30: peppersgper orate, 5.00a ; egglant, per Vnt. 5.0026.00; beets, Florids, pes crdie. 5.50; lettuce, Daskcet, 2 ::2 50; Savoy Cabbag per bushel, 75a; uash, Flor Crate. 3.00a3.50. it Onions, western Maryland and Penn- sylvania, vellow. 100 lbs.. 1.25a1.50: bulk, per 100 Broceoli. per bu.. 50a60. folk, per bbl, 1.25a21.50. Cucumbers, Florida, per’ crate, 7.00a8.00. To. % : Undivided protits Nor- matoes, Florida, nncy per crate. 6.00 27.00% choice, 5.00a: Oyster plant, per 100 \lnnchel 1ooas 00. Bflllleh 20225, 2l 00 Quotations furnished by W. B. Hibbe & Co Anglo-Americ Atlane Borue-Rcrymser Co. .[PARK SA\’I) GS BA\ K. At Washington. in the District of Columbia. at = gvrrdnl'l unsecured. 4. a Konds. . Exchanges for cle. . Other absets (feVenue stamps) OIL. STOCKS. Refining. Pipe Line Co.. the close of business December 20. 1920. rapt those shown inbandcr.....$1 Total loans. N7 8. goverament -emme- « Unpledged 4 War saviog: tificates thrift stamps. “Total U. 8. go erament secu- ritles, securi- ties, etc., other 1 in- curities, other than Baoking house ecks aod other cash items. Cash in vault. Total 4. LIABILITIES. 5., Capirat stock paid Borplus fund . 338, b Less current ex- nees. rest and taxes paid. 40.185.40 21, Certified checks 22-Cashier's cheeki nmnml “depo 2. xmivhlux dem & subjecs -to ec) i1 i Liberty 3128 (6-15-47) {Liberty 18t 4s (8-15. Liberty 2d 48 (11-15. jLiberty 18t 4% s (6-15-47) Liberty 2d 4%3 (11-15. 12). Liberty 3d 4%8. (9-15-. ’!) Victory 3% s (5- !9-2‘) Victory 4% s (5-20-23) . Se3gRanes 228332 52322220 Stock of rocord. $1.50 Jan. 20 Atias Powder Co. ptd. q. Pond and Stare Co. pid. Ele. Fab. Feb. " Gillette Safe y Rai Mar. 2 ITH EASY MONEY Trunk Equipment |’ | Grade Rails Higher. NEW YORK, January 14.—The bond market was active and generally higher in response to the continued lowering of timeé money rate: ‘The liberties, which had paused in their up- ward movement early in (he week, began to push ahead again and the second. third «nd fourth loans all ross a half point. This brought K them hack again substaptiaily to their previous high. Foreign ‘gov-| ernments developed very little fea- 718 fluctuated hetween 9815 and 98%. French $s were dealt in between 100 and lfillA Swiss 38 were steady at 10! were stronger up to slv government 53 began to show more clearly the accumulation by local banking interests which has been go- ing_on in them for some time. The readiness of the investment de- mand to absorb new issues was once more demonstrated by the promptness with which the offering of $12,000,000 Grand Trunk equipment trust certifi- cates was taken. These bonds bear a 612 per cent rate and were put on a 7 per cent basis, a slightly lower basis than the $15,000,000 issue of Canadian government railway equip- ments was quoted last apring. There was no letup in the buying by industrials and investing institu- tions of the standard long term bonds. Baltimore and Ohio $s were heavily dealt in from 92 up to 92 Atlanta and Charloite 63 developed consider- able activity, starting at 35% and later reaching 90 . 4 P Atéhison general 4s sold as high as |1 78% and Union Pacific 45 were up a haif point from 83 to 83%. Burling- ton and Quincy joint 48 made a new high at 97%. One of the features was the strength in the St. Louis Southwestern issues, which, like the stocks of the same company, were reflecting the exc lent showing made in curremt earn- ings reports. The Consolidated 4s were a half point higher at 65, while“the terminal 58 were up nearly two points at 6. Third Avenue first 55 were the feature of the traction group. with a two- point advance to $0, and Hudson and Manhattan refunding 58 made a new high record at §4%. —_— ROCKVILLE. ROCKVILLE., Md., January 14 (Spe- cial).—Judge Edward C. Peter. in the circuit court here, has signed a de- cree granting to William Barton Stokley of this county an absolutel divorce from Mrs. Amanda A. Stokley of Washington. According to the biil the couple were married in Washing- ten on July 3, 1914. The couple have one child, Amanda C. Stokley. aged five years. who is with her mother Pneumonia caused the death at her home at _Che “hase Wednesday |6 Cvening of Miss Cecelia A. Cumming: dnughter of the late James W. and|3 Mary E of that section of the county. Albert M. Bouic has resigned as the Montgomery county counsel of the Baltimore and Ohio Railroad Com- pany. a position held by him for about ten year: Announcement has deen made of the marriage in San Bernardino, Calif., re- cently of Miss Emma R. Pénn, for- merly of Damascus, and for a number of years a teacher in the public achools of this county, and Peter Lawrence, a prosperous rancher of Cima, Calif. The ceremony was performed by Rev. B. Dalton, pastor of the First Methodist Church, San Bernardino. —_— Taking your hat off when the b‘n‘ nhy the National Anthem ything with Und. Sam uln- Your income tax. un\ to m: 30a; pound, 5: 47; Geese, Marylan heavy. per_po western, eons, old, pair, 33e40; young, 35a 2 Pig - 11 40.” Guinea fowls. young, large, each. 'ne { Pennaylvania dairy prints, case. bureau stock steers, heifers, bolognas, sirable Sheep—Rece! lower; top, 1 11.50; yearlings, 25 to 50 ‘lower: early sheep and feeder llmhl fat sewes, bulk. weak stead of W. C. president man. Stoan. easy ficera: BALTIMORE, January 14 (Spet Arrivals by boat—Chickens, young, large, per pound, 35a36: small to me- dium, 35a3f old roosters, 2" four pounds, ind, catum, 30832: Pehite leghorn hen, : young white st cks. muscovy, Der pou pe » flld"l‘e. 32a33; smaller, Turkeys, choice hens, per 52a53; old toms, 30., ough, poor and thin, 30; old hens, more than pekings, 34a35: pus ; gobbler: poor- and crooked breast, 2823 acks 36 leghorns. smail 34. 37a41. and Virginia, fat. , 30a32; southern and "Kent Isiand, 34a5. rkeys. choice. per o 53a54; old Dressed pot 2 pound, Eul“ tmr 10 good, toms. 50; poorly small dipe. 42a43. iggs—Western Maryland, Pennsyl- 1 4 .qued young and old, 35 roosters. 24: 4 choice, gwund 34236: & ) 11 by, pound, 32a3! ern, 25a30; eapon! dressed and thin, 40a ; chickens, young, per noun:l“! old .| western export. spot, vlnll ud neardy firsts, per dozen, §7a eastern shore of Maryland and Virginia, firsts, 67a68; westorn, first: an prints, 55a3%; 22a2¢; jdozen, 67a68; West Virginia, firsts, € southern, firste, 65a86. r—Crea.m fanty, per pound. process butter. pound, 38a4 \'l-‘w YORK, January 14.—Butter— Creamery, ore )., Weak; receipts, 4.519 tu higher than extras, S1%a first (38 to 81 sco nearby creamery, “Maryland and Pennsylvania per pound, 22a24; Ohio, 20a! ‘store packed, r pound, 18; Maryland, Virginia and 24a25; 52; extra (92 . 43 pa(‘kmg stock, current make, No. ¥ g —TIrregular: Fresh gathered extra first, 7$: do, first, 1d extras. Sried colors, firer 1o extra, T4a18; re- frigerator first, 64a65. receipts, 1 a 74a76; state, Pennsylva- hennery. nearby Shite, mc\ to extra. a stern 7a82; do., brown. T Farnins, per basket, 50 |. 3083, 50 Box Cranber- | 65. Apples. all varieties, No. per. 3.00a6.00: do.. No. 2, 2 3 do.. 1008e, per 100 ibs., 1.2 apples, per box. 1.50a3.50. ries, per bbl, 14.00a1 Grapefruit. per box, gerines, per strap, 4.00a6.00. berri Florida, per at., Oranges, per box, 3.50a4.25. SELLING PRICES AT NOON. ‘Wheat—No. 1 red winter, 2.082z; No. 2 red winter. spot, 2. No. 2 ‘red winter, garlicky, spot, 1.93 per bushel; 1 Wheat sales—None. Corn—Cob. new yellow, 4.30a4.46 per barrel, in car lots: contract corn, &pot. at 89% per bush: January corn, $3; February corn, $6%. Corn saies—> Oats—No. 2 wi 3, 57% per bual Rye—Bag lots of nearby rye, as to quality, 1.50a1.65 per bushel: No. 2 9 per bushel; No. bid. Hny—ho. 1 timothy (momimal), 8.50: standard timothy, 26.50227.00; Xo 2 tlm(h! 25. 50[2&“ No. 3 timo- 3.00: No. 1 ilght clover, No. 2°light clover, mfixed.: “MOM No. 1 clever, l!itbd. No. 2 tlover. ‘r?lxed No. 1 tang !d rye, 17.09: 2 un.]od rye, 1600. No. 1_whea, 0a1 50; No. : wheat, oat ‘(nominal), 18 oat, 16.00a17.00. CHICAGO. January 14. — Urgent need of rain in India tended to Bring about an advance today in the wheat market h Famine reporis from some provinces of India gave fur- ther emphasis to the untavoraple crop conditions reported. Buying, however, lacked volume. Initial Quo- tations, which ranged from 13 to 13, lower. with March 1.78 to 1.98% and gathered brown and |May 1.69'; to 1.70. were followed by Cheese—Firm: receipte. 2.429 boxe! do., average run, state, whole milk, flate, fresh. cials, 24;4231;; do., average run, 23 4. State, whole milk flats, held, specials elrly made, 28a28%: do., fall mad 26 24a25 =pe CHICAGO LIVE STOCK MARKET. CHICAGO. January 14 (United States |yhe ini —Cattie—Re- ceipts, 6,000 head; beef steers and she- |, slow, steady to lower; best beef 0a8.90; bulk. fat cows and 2547.50; bulls steady; best 00 5.50a5.76; vell calves steady; bulk (o packers, 1 1.0 of 8. markets bulk, 5 stockers and feeders steady. Hogs—Recelpts, 30,000 head: fl(rly ap, '9.00. prime top, 9. 9.60: pigs mostly 10 lower 90 to 120 pound pigs, 9.70a9. gotive; 10 to 15 lower nm.n ye! day’s average: ester- .302. bulk de- s, 13.0n0 head feeder lambs stead GENERAL MOTORS CHANGES. NEW YORK. Junuary 14—Changes Hohensee as a “as that | ctor, vice | and executive committee lambs ; bulk. 10. in the governing personnel of the Gen eral Motors Company as the result of recent acquisition of large hol the corporation by the du Pont inter- ests are announced. The resignation Durant ae chairman of the executlve and member of the finance | committees was accepted. ngs in P. S. du Pont was then elected ehair- xecutive man of > Three other members named were: J. Raskob, J. A Haskell and A. manager. elected a member of the finance com- ¢ mittee and C. F. Kattering wnd A. H. Swayne were made vice president Mr. Swayne was also placed on th board of directors. committee. F. D. Brown was —_— W YORK. mercantile _paper. sterling sixty-day bills, commercml sixty-day bills on bank: commercial Demand, 3. deman Cummings, pioneer residents|y. " Montreal, overnment ‘bonds irregular. sixty-days, months, 6aél:. MOUNT RAINIER. MONEY AND EXCHANG January 14.—Prime 7% as. sixty-day cabl, b f cables, B»lgmn francs, demand, 6.40 demand. 32. s, Exchange 3. hflls. 610, cables, 40. % per cent discount. railroad Time loans steady; ninety “bonds firm: days and 8ix MOUNT RAINIER, Md.. January 14 (Special). Max M. Fab; C. Harman, tre ‘The local volunteer fire de- partment has elected the following of- Julius Reiners, chief, ";Ix }.mllll Hofer; John Klein, ulfilhnt chie! sssistant_engineer; Johm Schultz, jr. fire marshal; Dr. William Kiemm, sec- | railroad. retary; easuTe! George A. Tover, the retiricg fire chief. r. presented the new officials with badges. + Rural lASKS an advance, all around to well above yesterday’s finish. selling of corn counted against any upturn in that cereal After opening unchanged to % lower, including May at 74% to 74%, the ’mlrkel recovered to abgut. yester- day's closing figures. Oats, like corn. seemed ‘inclined u.[ lag. arting a shade to % off, May 48%,. and failing to get much above! al level. va ions were weak in line with Eater, the siowness of export wheat Susiness led to sethacks. The close was vy, % to 2 net lower, wi arch 1 71 to 177%, and May, 1.7 to 1.70%. l Subsequently, good corn demand i from the seaboard upheld values unul! | just before the finish. Closing prices {were easy I to 'z net lower, mu.I May T4 Open. 138 19 High 181 1331 Low. Clos. 1764, M i3 May 48% 481 July 4T N ‘7 —— STOCK ISSUE OF NO FIXED CAPITALIZATION ‘El Paso and Southwestern Submits Plan to Federal Com- i 1 mission. ! The El Paso and Southwestern | Railroad Company. operating a line from Dawson, New Mexico, to Tuscon, Ariz, via El Pago. Tex.. desires to ange its fixel capitalization of $35,00.000 1o an undetermined amount. The company applied today to the | Interstate Commerce Commission for { | permission to issue 1.000,000 shares of |8tack of no vpar value to replace the! |350.000 shares of « par value of $100 issued or unissued. Seven hundred ! and fifty thousand shates of the new issue would be ex ged for the 250,000 shares of old stock now out-} standing on a basis of three !hureul for onme. and the rcmainder of the 1,000.000 tssue would replace thel 100,000 shares of old stock remaining | more 20, Certibeaten of d-ml: January, 1.93; February, | Stateme oSerrect—Atteat: 1.87 per bushelj | Total demand deposits, items 2, 2298 24,725, 28, 27 iother than for money borrowed). STUNZ. cushier 2o e bre: r that the abeve wn.un( C. STRAUSS, Jani (lefl.l Notary Patiic, D. C. Thos. Somervilie. Walter H. Kiopfer, W. B. Todd. SiDitecton $5,000 Life Policy, $57.351 Age 40. Send date of birth for illustratica a8d particulars at yoar age. M. LE ROY GOFF, Insurance Adviser | 25.00 Miller Train Control Stock Bought. sold, guoted.. Inquiries {nvitwd. Geo. J. Basterday, 1410 6" '—Main 1227, Income Taxes We maintain a well equipped tax department, with a staff specially trained in the rulings, reguiations and application of the law, and can be of material benefit to you in preparing 1920 returns. ADMINISTRATIVE SYSTEM of Accounting A simple. accurate method of keeping your books. Further information on request. EDMONDS & BOUTON Inc. Established 1890, Accountants—Auditors 813 Woodward Bldg., Washington, D. C. New York Los Angeles Rm. 718 Woodwird Building, M. 340 YOUR % SAVINGS AN INVESTMENT FOR THE MAN WHO CANNOT AFFORD TO LOSE Our First Morigage Notes in denominations of $250 and up- ward. secured on improved real estate in northwest section of city, pay 7% semi-annually. Ask for Hooklet “K,” Which Expliains in Detait (WHJ. =aid that the value s company of the property would change fram time (o time by reason of changes and betterments, and that it was ad- vieable that there be no fixed capital- ization. As_undérstood at the com- mission’s offiee the road Wishes to obviate tKe fecemsity of coming before the éemmission from time to ‘time for gduthority to incremse ity capitafrgith as changes and beiter- mentk s¥e made. JOAN TO GRAND TRUNK. NPW YORK, January 14.—Negotia- tidhs are being comclued by New York Bankers for a loan of approximately nsmooo to the Grand Trunk railway f Canada. _The loan was sought by the Dominion government, which controis the , me usedv lnln:’c .:Ifichl‘e' u«“ mew equipmrent. 'inal etail of e Toan, It ‘was atated. probably would e announced within a few days. There's blue sky or about lations. But there tangible Aboul She Gilt-edge client. 'FINANCIAL First FINANCIAL. Mortgage Notes, secured on D. C. Real Estate, for sale. Thirty years’ experience without a loss to We attend to all details. Courteous treatment. Percy H. Russell Co., S.W. Cor. 15th & K Sts. N.\W. of 3250 and UPWARD Y INVESTED in Notes Secured by FIRST DEED OF TRUST IMPROVED REAL ESTATE in the District of G Interest 7% H. L. RUST, 912 15th Street N.W. 3 P HowtoSelect the Safest January Investments A BOOKLET which ana- lyzes the January invest- ment field, and shows how to select the best and soundest bond investments now avail- able, has been published by S. W. Straus & House with the record of 39 years without loss to any in- vestor. Call or write for this valuable _publication today. Co. —the Ask for Circular 513—G Nnioml Metropol WASHINGTON ‘Telephone Main 5847 39 years wnthout foss w any investor, © * dential vestment. You receive 7% on vour money and c&n invest in any amounts irom $250 upwards. ALLAN E. WALKER & CO., INC. Real Estate and Insurance Brokers 813 15th Street N.W. property nothing tangible about the specu- “blue sky” something sound and Old Mother Earth. the safest oi all investments. Our First Mortgage Notes—secured by some oi the fipest improved resi- in Washington— offer you a sound, well paying in- ~ Columbia Bmldmg Assoclafion 620 F St. N.W4 Under Governmient Supervision ' i Organized 1908 with authorized capital, ten mulfon dollars. Twelve years’ successful business without the loss of a dime. Pays 59, interest, cnmpound_e.d twice a year . One dollar will start your account DIRECTORS HARRY B. DENHAM . FRED H. KRAMER JOHN B. HARRELL C. ALBERT WHITE ANTON A. AUTH FRAVK J. AUTH . W. BRAHLER CLEMEN KROGMANN COOK GU RAYMOND K. EQUITABLE CO-OPERATIVE BUILDING ASSOCIATION Organized 1879 415t YEAR CONMPLETED Assets .. . $4,338020.08 Surplus . 1,060.085.01 Save While You Have the Opportunity —Thonsardls who hase adoptad this saving p'an of the Equitabie ved most aubstantinl vows. Subseriptions tor the 80th lssue of Stock Belag Received Shares, $2.50 per Month EQUITABLE BUILDING, 915 F St. N.W. JOHN JOY EDSON. President RANK P. REKESIDE. Secy. TREEReTY BONS Liberty Bond E 684 14th St. N.W. THE BUSINESS REVIVAL The revival of Lusiness wil, ie noceapsry by the ‘war. changes are being for _congra Teady some faciors of fundamenta: woundmess are radistinz conbience ae to the gradual asnred covery of Lusiness conditions. ¥ of pecoperation i Ly ings in essentia! indusiries. Fint Morigags Notes on Washing- l-i ‘D '.Pll u«m'.r siod r'n peai to you because they are safr offer & liberal return and are 3t par every day of the yrar. SWARTZELL, RHEEM & HENSEY CO. 72T Fifteenth Street N.W. ‘Waakingten. D. C. THE NATION'S HOME TOWN. interest Im Wellerg Mo L : #» . Southern Building & » J. WM. WEBER g Over 1409 New York Ave. N.W. Depositors| Phone Main 98 2 REAL ESTATE LOANS \ Rate of Interest CI z E N s Paid on JA\(MGS BAhK Large and Small 1236 N. Y. Ave. Accounts S4th Pretty striking proof that Thrift Pays, don’t you think? fortune. {I Qualify now for pdrtmp.m--n in our 1921 interest ‘distribution, by "opening a PAYDAY ACCOUNT this Fifteenth. De- posits of any size welcome. WILLIAM D. HOOVER. WOODBURY' BLAIR. FRANK W. STONE. FRANK STETSON CHAS. C. LAMBORN PERCIVAL WILSON FRANK R. ULLMER, Asst. Sec; E. Woodbury Blair James A. Buchaman i William A. H. Chutch Walter C. Clephane William V. Cox William E. Edmonston National Savings & Trust Co. Oldest Savings Depository in Washington Cor. 15th and New York Ave. Capital and Surplus, 2,000,000.00. In Year of 1920 Our Depositors Received Interest to the amount of $192,513.04 $192,513.04 is no small OFFICERS . President ...First Vice President Second Vice President -Trust Officer .Treasurer Secretary and Asst. Treas. DIRECTORS H. Prescott Gatley R ald S. Huidekoper Wiltiam D. Hoover Victor Kauffmann Frank W. Stone William H. Walker Henry K. Willard xchange