Evening Star Newspaper, February 7, 1921, Page 15

FYNANCIAE, ™ Shea THE EVENING STAE, WASHINGTON, D. ¢, MONDAY, FEBRUARY 7, 192f. FINANCIAL. %15 " NEW YORK STOCK EXCHANGE. Rezeived by Private Wire Direct to The Star Office. % ISTOCK LIST SLOW, Open. Wigh. Low. 1:45. Open. High. Low. 1:43 AQv Rumley pf...r 60 50 60 5 |StandOIINJIpf... 108% 1087 108% 108% Air Reduction...... 35 85 35 35 [Steel& Tubepf.... 81% 82 81% & Ajax Rubber . 36% 367 36% 367 | Stromberg Carb. 3% 364 36% Alaska Gold....... 1 1% 1% 1% |Studebaker....... 5% 5% 65T . Allicd Chemical... 4s% 43% 4 48 |Submarine Boat BRER —— ¢ AllisChalmers.... 34 3% 3¢ 4% ilmer:or(sfll.1 n “;K ‘g“ Am AgrChem..... 64% B4% 64} Bil | Juperior Steel 2 = H Am AcrChempf.. 76 76 176 75 |TennCopper...... = s s Market Waits on Adjustment "Am Bank Notepf.. 44 44 4 4 ;vxasgo‘mpa:y . G o O BLby fee % s 4% 43 |Texas & Pacific... 34 2% 2 A GcctSugar.... 2% (00 %% % |Texas&PC&OIL 3% 24 8% 314 of Labor Problems—Money Am Canpf. o v ssv 8% 86%|Third Avenue..... 19% 20 I8% 18% ‘ Am Car & Fdy. .o 1w 128 121% 120% | TimesSq Auto Sup 10% 10% 10% 10% Is Easier. e ' o 27% | Tobacco Prod..... 63 B3 2% B2l Am Cotton Ol ..., 22 23% | Trans Contl Oil.... 9% 9% &% 8% BY STUART P. WEST. Am Druggists. 6% | Union OF 2 223 226 223 | Special Dispatch to The Star. ‘Am Hide & Lea o Paciflc :;gu. Te| NEW YORK. February 7.—With the Am Hide & Lea pf. 44% fi.‘f!l:;t:g Drag: e '8 ' [1abor representatives given until e st 2 9%l | Dmited Fruic s i 3ol 108 (1% ti0e MOXE Thuraday o present their case Am Linseed " 53% b6% FeW 6o | United Retail Strs. 54% b64%s B4 4% before the railway labor board and Am Linseqd bf.... % 0 %0 9 bg;nsz Ironpf... &5 45 45 g consequently with the likelihood that Am Locomotive... g &2 2% &% U.qn?;::;l-g.m;. ga g}z 2‘4 1oy | the auestion of abrogating present Am Safety Razor., s 4 & 84|US - en 4 wage agreements will not be dis- o % g% ouj USRealty. LATh ATl 4TH 4T 2 AmShip& Com... 9% % % 9% USRealt 4 G g '|Posed of for another week at the A D ™" % aw @ a%|JSRubber. . e 69% oarliest, the stock market fell into ‘Am Steel Fi. 0% 9% 20% 9% ubber 1st pf. 103 108 168 103 |even greater dullness today. ans Vooooo B 2 W or%|USSteel... . 8Iix 8% 8% 8I%| Whether or not the plight of the m Sugar. s o2 SRR S Steel pf. L1101 10% 10 10 | railroads is as serious 3 Am Sumatra 80, 80 7 7 . | Utah Copper 55% bols 5% B6% | executives | L ] b, 907 | U! ceeees BS54 4 4 | executives have made it out to be :: ;»L& Teleg. fi: lfi:fi ,m 18 | Utah Securities. 9% 9% , 9% 9% the decision of the labor board is a ‘obacco. . 1S 18 N8 B vanadium Corp... 364 3% 8% 34| matter of first importance, and while Am Tobacco (B).. 115 115 16 118 | viv g0y 6% 6% 6% 6% (it IS in doubt there will be, naturally Am Woolen. . 4 ffl“ 04 Mi{\VulmShA 8 & ™M ™R :":g:u:h little temptation to fresh in- Am Writing Prpf. 344 % 3¢ Y| W ella-Fargo Exp. 6% 61% €1 61% | 1tative on the stock exchange. Am Zinc & Lead s% &% 8% o . The second influence holding th - . ebber & Heilbron. 9% 9% 9% 9%, 1o second g the Anaconda. . ERE Sl R eialiey g o _1ms o% 10 |market in check is, of course, the Ann Arbor 2% 2% 2% \western MaZd.. 1% 18% 1% 18K | The cail toan tr.SECHCY in money. 7 ke g @ E | N I B B g The call loan rencwal remained a¢ § Atchison pf. . B \m B B lweotouseBEM. U% 6 % 6 |ohanse in ooy, and there was no ‘Atlantic Guif. o oo o % L HUITIRN N h ‘w o change in quotitions for either time Atlantic Gulf pf... 42 4% 4% ‘;" Wheeling &LEf 16% 16% 15% 15% [ ers on Stock collateral mad & meno: Austin 1 n n }1 White Motor...... 38 38 % % | what easier time of it than they had Auto Sales pf. 2 13 1B g | White Oil......... MW 4% 16 Mk |last week filling their requirements, Baldwin Loco..... & & ‘% Willys-Overland.. 7% 7 7% 7% |but this was quite as much due to the Baldwin Loco pf.. 101% 101% ys-Ovld pf s 331 83% 834 | slackness of the demand consequent Balto & Ohio. 33 3% Woolworth. . M2 11z 112 |upon the inertia in the speculativ Balto & Ohio pf... 49% 49% market as to increase in the supply Barnett Leather... 30% 30% High. Low. Last. |of funds. i Beth Motors. . 3% 5% CallMoney..... 8 8 8 General Showing Good. Beth Steel (B).... Bk 5% HOURLY SALES OF STOCKS. Althoush the Saturday whnk B ; 3 s ay whnk state- Pton Rapid T 104 104 Lam..... 17 12m.... BE0 | RO A Shown, reserve ratlo_at £5 2 New down slightly again, a Bklyn Rap Tretfs. % 9% lpm. 233000 2p.m 211300 | by far the lowest of any m’?i"tlwr ’;;‘l‘(’ Butte & Superior.. 13 13 o e country, there was nothing but en- California Petrol.. 33 83 LIBERTY BONDS. couragement to be \drawn from the Canadian Pacific. . 115% 115% Prev. Close | Eeneral results. The reserve board Central Leather... 0% 39% Close Today | fixures showed, as they had the pre- Central Leathpf.. 8 89 Liberty 31s (6-15-47). 919 918 |ceding week, that the regional banks Cerro de Pasco.... %% 28% [Liberty 2d 45 (11-15-42).... 86 60 86 34 | in the west and south were strength- Certain-Teed. 0 @ b Liberty 1st 4(s (6-15-47)...87 20 8720 |phin& the rt.?;‘;g,m?f;.-fi?u‘e?ud?:w o Chandler Motor. 71 % 69 914 | Liberty 2d 4%s (11-15-42) .. 86 48 8658 { Jowr New Y ERWANE Ches & Ohio......#8 5 5 & |Liborty 3 4%s (9-15-25)... 8954 9010 | otion o there agriomnos b5 q 4a%- Chi & Eastern Ill.. 6% 6% 6% | Liberty 4th 41, s (10-15-38)..87 00 87 06 | cantile loans. W Chi Great W pf. 18 18 1% | Victory 3%s (5-20-23). 9720 97T 24 But they also showed that the fed- Chi Mil & St P. %% 21 %4 26% | Victory 4%s (5-20-23). 9724 912 [eral reserve bank at New York is ChiMil & St Ppf.. 41% 41% 41 41 ————————e being helped and cal be helped still Chi & Northwn.... 67% 6% 6 6 | more to bear what strain there is by Chi & North 2 106 106 | e shifting of some of its distount ey — & e banks in the district of Boston, ghh;le g:pp""“‘ Pl o § | Philadelphia, ~ Cleveland and _San St din i Francisco last week took over from Chino Copper..... 2% 2% the New York bank $18.000.000 in ac- GocaCola... 20 % me IJBER'"ES FlRMER geptagees, and this transfer ~will o oublless’ continue until the reserve Colo & Southern. - ratio at New York is built up t Col Gas. L '8 { more normal level. FRE hopho 2 . sl ey 54| NEW YORK. February 7—The| .- N Strain on Cre Cons Gasof NY. 79% | bond market today was held back e aclonEasautanceyithat E ! there is no cause for uneasiness in Cons Intl Cal Min. 5‘6ilargel)‘ by the same causes that were | the tightening of the New York CousTextlle...— 2 2 3% 2 |operating in the stock market. Con-|money markst 3 oDt Can. . coeeeee 61% “61% 60 | tinued high rates for money, the rail-| The fact of far more consequence is Cont Candy...c.c. 2% 3 2% 2% way uncertainties and especially the|that ""_e credit situation, taking the ContInsurance—.. 64 64 6 6 [huge outpour of new capital issues|COURtry generally, continues on the Corn Products..... 69% 6% 68% 68% were all working toward lessened ac- | mend, the decrease of $21,000,000 in Coru Products pf.. 02% 103% 103% 103% | tivity in bonds. In the main prices|total bills d”}coulh!efl and of $20,000,- Cosden &Co...... 28% 2% 2% 24 were inclined to sag. but the losses| Sininote _C'r:‘l“ ation last week fol- Crucible Steel. 5| were slight. Also there were nu-|loWing a similar uninterrupted de- S i o i i St exceptions, notably the liberty | 1ation since the third week of De- Cubap-Am Sugar.. 20% 20% 20 29 |merous exceptions, notably the [BENtY | cember. Meanwhile the general re- Cuba Cane Sugar.. =% 2% 2% 2% |ponds. WHhch were Tom e Lo et |serve ratio of 49.3 represents the bank :nv: iz gr“.._ s % 1::»‘”535 high as 46% despite the de?;‘ pogition at its strongest in a year and nv io .- 4 4 & = p a half. %! that the member of the Morgan firm L2t N Dome Mines. . % 1% 1% 13 mentioned on Saturday as having | The Sireet I8 hopeful that the rail- Emerson-Brant... 8 8 8 8 |heen asked to go to MeXico to confer | S W0 2 néwe Jsolution Endicott-Johnson. 61% 61% 61% €% [upon the refunding of the Mexican | ich Will be satisfactory to the ex- Brie......coeseee 1% 13%. 18 18 |debt had received any such invita- |cCutives and still not unduly antago oot ot T % 1 1% 19%] cln nies the men. But it-does not feel Famous Players—. &% 6% 57 614| Later in the day. however, the Mexi- (SOPA0¢nt e::’:t‘;sihnlt? D aiiy Ay, Fisher BodY...——a 8% 8% 8% &% {cans came back to 46 and the 48 were g 07 % | pation of such a re- - - £ ey L an exception for special reasons. and Gen Asphalt...... &% 67 6% msj{f;";';"gaif;”:h’,‘;fi“ carried them down | there was a little spurt in New Haven, GenClgar...-~—e B B 0 8 l6%s were pegged at their offering |oro, T0F & special cause, namely, the GenCigardeb.—. &% 8% 8% %] ,rice of 99y they could be bought, as (hove that the proposal to give the Gen EleciriC..com 127% 127% 127% 127% -4 35 New England roads an extra revenue was the case toward the close of last p - Gen Motors. i i bkl A for the\ vear of $15,600,000 will go : gure. The reaction s Gen Mot 6% deb... €% €% &% 65%!in thesc two bonds is an indication | PTOUEH- Great Northern pf. 78% 7T5% 75% W% that their oversubscription was _ Grnz_)::;rore...... :fi n 2 ;fiibrou&ll;t out chiefly by applications for HUNT THOMAS D ENGLISH Goodrich.....coee %% 3% speculative purpos and not for per- L . Granby Consol. —. 29 22% 2% 2% |manent investment. 4 = GOOAriCh Pf.coeewe B2% 8% 8% 8% i New Tencs Family Seeks Shell-Shocked Offi Gulf Mo & NPf.... % 5% 2% 75% : = A0 Hartman Corp.o—w % 7 7% m2%|,Tr2%ing began on the curb in the Missing for a Year. ¢ o= o% B % Tlnew Guif Oils the issue price on T ~es NG B iy which is 95. “The quotations in the | Special Dispatch to The Star. Houst e preliminary market today was 97% 5 7 Inspiration..._. % % 3% 8 |bid and offercd at 98%. Tt was anc | Liont Thomas Duon Beiioaly, T— Interboro Metro... ¥~ 5% 5% 6% !nounced from Washington that the|ber of the 79th Division. he wan ro 11::;:::: Xupt-{‘. 5% :6‘ ‘l;‘ 165 | Lo sviile/and N*_-‘h“"fle "‘“l‘oad’*lh"d turned to America as & shell-shocked Chem pf. 49% 49% | applied for permission to issge $11,- % Intl Harvester.... %4 W K 951 | 025,000 6% per cent equipme@lt trust | Lct has been missing for a year. Sl mEcq Search for the missing officer, who Intl Harvesterpf..109 109 109 109 |certificates maturing in anffual in-| 430" gischargea t 3 Intl Mer Marine... 4 14 1% 1% Staliments for a period of fifteen a8 discharged from a New York T8t Mor Marinef. 50% 60% 5o% foss | J6ars- They are to be sold to a New | NOSPital a year ago, has been insti- - = o o &k|xork hbnn;(sing house at a price not ;‘i‘t‘;“ by Mrs. Eloise English of this Truck 2d pf. ess than 95.70. : JatiNickel..o—e 16% 18 1% 15%| The wpward movement in traction’| Licut English ix the son of the late 7 onds was checked after the Third |Arthur E. English, who was shot by Invincible m% B B wh| Avenue 58 had sold as high as 533, M Eloise English about six years 181and Oil.ceooemee 4% &% & 4 |and the Interborough 58 as high as'|280 in self-defense. The missing of- JewelTeR.-—samme 7% T4 7 7 |54%. Hudson and Manhattan incomes | ficer is the grandson of the late Jewel Tel Ploseems 20% 20% 20 20 {Were somewhat better, advancing|Thomas Dunn English, barrister, JonesTea....oe: 24 2 2% 2 |Trom 29 to 293 novelist and author of “Ben Bolt,” KansasCity Sou... 19% 1% 19 19 Railway bonds were irregular, but | Who lived in New York. KansasCSOuUDE._. 4% % 4% |38 2 Iule slightly lower. " New Vork, Kelly-Spring Tire. estchester and Boston 4%s were e bl 8% | strong around 42 on the report tnat a |K. OF C. HONOR PERSHING. Keystone Tire. on. W% % 1% s _m:‘j'cnt,v ?rt t!;le‘roada asked to go ~ into a pool to help out the New Eng- ll::lk;:;:lnnm. :‘m“ :: :u gu 1'“4 Hnes whm; exm‘:’ of $15.600.000 Will Have Special Portrait ‘Hung 2 or a year had agreed to the pro- 3 Liggett & Myerspf 105% 106% 106% 106% | posal in the Invalides in Paris. Loews iC.vceceee 16% 16% 164 16% 3 PHILA - DELPHIA, February 1. LOftInC..coceecee % 1% n% -, .—Upon et O S b e e = OIL STOCKS. the request of the War Department May Dept Stores..- 71 TI% 71 71%| Quotations furnished by W. B. Hibbe& Co. {and the French government, the Mexican Pete.... 6% 1564 156 156% Bid. Knights of Columbus have decided Middle States Ofl. 13% 13% 13 18 |AngoAmerican Of Oo (new) 175 184 |, ATRaeaIie E Midvale Steel. Atiantic RefiDing Coeeeeeemwee 950 1000 ave a special po it painted of vale Steel..... 30% 31 20% 31 | Bometeriains 200 410 |Gen John J. Pershing, to be hung in Minn StP&SSM. W% W% 0% T0% | Buckeye Pipe Line Go.___" &3 & |the Invalides, Paris, Supreme Knight Mo Kan & Tex..... 2% 2% 2% 2% | Cbeseborough Mannfacturing Co. 175, 195 |James A. Flaherty a Mo Pacific. Uik 1me 8 1a | Continental OQl' Co...l w1 |iay erty announced yester- MoPacifcpfioro 38 i 3 Comperiand Bive Line = 2 | This nonor from the French govern- ntgomery Ward 16% 16% 1§ 16 |Pureka oia s the highest ever gwarded an Montana Power... 48 | America) as only portraits of b 8 : :‘:“ 8 1 % |France's greatest national = figures = 23% | [ilinois Pipe Line Co. 176 {have been hung in the Invalides. atl Biscui . 106% 106% 106% | Indiana Pipe Line Co. 7 Vi 8 The painting of Pershing will be atl Biscuit Pleses 116 116 National Transit Co. b . e e us . 12 |the central feature of an American <eeeanes > jwar exhibit to be presented to France NatlLead Df...owe 104 104 104 104 7 |bY the United States. Natl Rysof M2d.. 6% 6% & G | FPeonsyivania s 2 Nevada Copper. 1% ' 1% 1% 1y | Fraire i 450 = % | prairie Pipe Line Co. b [i gg'wé)r'!‘exl&l- % 0% 0% 104 | orar Retiniug o 2 GIFT COWS REACH PORT. NYNHEHAR. . 1 i s e outhem, TG 2 Ve 2014 | South Penn. N w. 2 Southwest. Pean. 742 Animals, Donated by U. S. Northern Pacifl S4% 824 g | Sandard Ofl Co. Kansas... 2 Y Oklahoma Prod. 3% 9% 4| Standard O3 Co. Kentucky | BREMEN, Germany, February 7.— g“:-szel;l’.!h“... = W06 106 1k | Sandand Ol O e | The American steamer West Arrow, e B m 6% 53| Stunaard il Co. Obio, from Galveston and Newport News, e 8 Fincl o o m me MR ahae = arrived here today with 742 milch Pan-Am Pete (B). 61 & cors ors | Vacnum 0t Go.. 305 cows ‘donated to Germany-by Ameri- Parish & Bingham. W} 104 104 10| " o Eton O & 20 can farmers. Seven cows died of Pennsylvania..... 40% 4% & 4 | seasickness during the voyage, but g:::)gf;a(l?:sstnl & ;zu ;:u % % DRY GOODS MEN MEET. |forty'calves were born. This was the PeseMarguettaco 11 1 | e et z R e e e L T Vhillips Petroleum 2% 21% 214 2114 Local Delegation Leaves for Na- ! {ifi‘.fli:.,’?,, ::M:\g!;vfil::xzzx‘a;rrlved = Pierce-Arrow..... % 2% %! tio | Arrangements are being mad Sliice Aricwnt - 1 = mal Convention, New York. | siifiibute the enimels Boderiing an Flerce Oil. . . 10% low | | Trominent local merchants are to- | rection of the German committee on Plerce Ofl Pf..ooee 762 753 | Ja¥ on their way to New York to at- | foreign rellef and the German Red Pitts Coal DY, oeee 6% g6 Lend _the tenth anmual convention of | Cross. Pitts Steel ploeees. 8 85 R ‘llul“"t‘l:lill Dry Goods Asso- A (‘ll:’:lnm::loa of prominent citizens Pitts & W Va.. - he Pennsylval Hotel board the West Arrow to welcome PreeamtetCar. 33 2% | The association is made up largely of | the thirty Americans, mostly sons of P Bere ot T & { rtment store interests of the | Kansas and Texas farmers, who cared Panita Msed e 61 | United States and It is anticipated for the cows across the Atlantic, ¥ : 3 % ithat the attendance will be the largest | while the newspapers publish Pure Oil i Bes ed extra lmfiua‘y'é{l = - i:t: :4‘: E:;. !4:;1 in ‘1. hl:u(};ry of the organization. editions thanking the donors. tuilway S e BAY P Among those who 1eft this after- | The Ruhr valley, Cologne, Frank- Ry Stecl Sprpfoees 105 106 105 106 | N0on are President Dhilip King of | fort, Berlin and other ciiles wiil he ~plda b 5 D & 8 will be Yay Con Copper... Ish 1% W% 1% | ¢ Merchanty' and Manufacturery | visited by the Americans during thair 3 s B4 &2 s Attociation, Sigmund Kann of S.{two-week sStay in Germany. The Reading 128 DE - <oc. 8 6% 53 | 4ann Sons Co. W. W. Everett of | West Arrow immediately began to Tasalan 2t 8 &2 & |proodward & Lothrop, Stanley Lans- | coal for & Voyage to the Azores. Replogle Steel... 304 31% 314 3% | burkn & BreoC ooy Ol oL Lans: T A Rep Motor Truck.. 21% 21% 21% 21% | € Harold Young, Washington ; 5 secre- ]any.nl D:x:h.d . B9% 5Y% B6% GE% '\as;“',flr:he N:\(:ionnl Rexmfrvry Goods | Court Disposes.of Case Involving loseph Lead. 2 12 124 1214 | ASSociation, and Secretary Charles J. SEL & Ban wean i ;,:’; Columbus “of “the Merchenis Motor Starters. St Louis Southwn. 4% 24 ath sve | Manufacturers' Ausoclation left yes.| o e e District Court of Appeals to Savage Arms. ool T T T 11 | Sy 1o, Attend both (e RauShal | adtmed. the dscision of the. comma SaxonMotors..... % 4% 4% %[ convention of the Natiomal Associa. | CTET Of patents in awarding priority q:::!_g;p::’lf 8% 85 8 |tion of Retail Sccretarios ofiinvention tolvincents Bendixinia Seneca C B 1% 17 our- ght between inventos Shattuck-Arizons. & 6 o ‘a° B ey over a starter for automobile engines. Shell Trad & Tran. 39% 9% @% @ LYNCHBURG TOBACCO SALES, |Justice Van Orsdel rendéred the SinclairOil......0 23 2% 2% 2%| LYNCHBURG. V: “ | court’s opinion. So Porto Rico Sak. s ' & 2%|,LYNCHBURG, Va, February 7| The invention relates to a transmis- Southern Paciflc.. 95% 97% %6 97| totaled 537,000 ::u':ashelrrfp s ook |man oean iobile ssutingimotog for < e e % L % S » the best aver- | cranking an internal 5 Southern Pacrgts. 19% 20 1% 18% Of the year. Wrappers and | gine. The. decision mfi.‘,’é".fil“.‘,‘g"“.'{' Southernailway. 2 at% au4 ed | zood leat are bringing 800d prices. | cases involving the subject matter of Southern Ry pf..,. 6% 6% 6% 6% lo‘:n;rxn;‘):efimdfl find little demand at ‘fiiffgzn:;nrten which were argued ~ r) Grain, Produce GRAIN AND PROVISIONS. BALTIMORE, Md., February 7.—Po- tatoes—White, No. 1, per 100 1bs., 1.40 a1.60; cobblers, 1.40a1.60; McCormicks, 1.20a1.35; No. 2, 50a75. Sweets, per bbl., 3.00a5.00. Yams, 4.00a4.50; No. 2 both, 2.00a2.50. Beans, green, pearl and wax. 2.50a 6.00; Beets, crate, 1.7522.00. Cabbage, on, 10.00a15.00. Cauliflower, crate. 2.75; cucumbers, box, 7.00a8.0: eggplants, crate, 5.00a7.00; kale, bbl 1.2521.40: lettuce, basket, 2.00a3.00; onions, per 100 1bs., 1.00al oyste! plants. bunch, 8a9; parsnips. bu,, 1.25 SELLING PRICES AT NOON. Wheat. 2 red winter, Spo: 1.80%: No. red winter, garlick spot, 1.74 per bu.; February, 1.7 March, 1.74%; May wheat, —. Wheat sales—None. Corn—Cob, new, vellow, 3.85 per bbl, in_car lots; contract ‘corn, spot, 76 per bu.; February corn, 76; March corn, 76; track corn, yellow, No. 2 or better, 80 per_bu.. nominal. Corn sales—None, Oats—No. 2 white, 47a47% per bu; No. 3, 451246 per bu. Rye—Bag lots of nearby rye. as to quality, 1.30 per bu. asked; No. 2 western export, spot, 1.61% per bu. Hay—No. 1 timothy, nominal standard timothy, 26.00a26.50; No. timothy, 25.00a2 No. 3 timoth: ed, 0. 1 light clover, mix No. 2 light clover, mixed No. 1 clover mixed, 23.00a 19.00222.50; No. 2 clover, ) 15.00a20.00. Straw-No. 1, nominal; No. straight rye, nominal; No. 1 tangled rye, 17.00; No. 2 tangled rye, 16.00; No. 1 heat, 13.00a13. ; No. 2 wheat, 12.00a12.50; No. 1" oat al), 18.00 al8.50; No. 2 oat, 16.00a17.00. CHICAGO, February 7.—Wheat prices declined today after a show of firm- n at the outset. The initial ap- pearance of strength was due to active buying on the part of a house with northwestern connections, but when this demand was satisfied the market underwent a material sag. Bears con- tended that with competition from Argentina, Australia and India export sales could no longer be depended fupon for the maintenancg of domestic { values. Opening prices”which varied from unchanged figures to one cent higher, with March 1.57% to 1.58 and |May 147% to 148, were followed by slight further gains and then by setback all around to well below Sat- urday's finish. Corn swayed with wheat. After opening unchanged to 3% higher, in- cluding May at 663% to 66% the market hardened a little more and then suf- fered a moderate general decline. CHICAGO, February 7.—A big in- crease in the visible corn suppl: total led later to additional weaknes: i The close was nervous, 5% to %alls net lower, with May 653 to 65%. Oats were governed by the action of other cereals, starting % cents off to % advance, May 42% to 43, and later scoring slight further gains be- fore beginning to weaken. Rallics in wheat failed to Jast. Tt was said India =old 1,000,000 bushels to Italy cheaper than the wheat could be obtained in the United States. Predictions of business with Greec proved mythical. The close was un- 5.00226.0! 5 settled, 2% to 2% net lower, with March 154% to 154%, and May 1.44% to 1.45. WHEAT— Open. High. Low. Close. | Y 158 LG4l 1481, 144% 144% 66% .68 853 LB8%, 6874 6T A2% 43% 42y A3% 44 43 . February 7.—Flour, barely steady: spring patents and Kansas straights, 8.5029.00; spring clears, 6.50a7.50; winter straights, 8.15a8.50. Pork, steady; mess, 31.50a 32.50; family, 40.00a42.00. Lard, weak: middle west, 12.70a12.80. DAIRY MARKETS. BALTIMORE, Md., Eebruary. 7 (ar- rivals by boat oultry—Young chickens, live, per Ib., 30a40; dressed, 38a40; old, live, 34a37; dressed, 36a38; old roosters, ltve, 22a23; dressed, 24a 25. Ducks, per pound, li dressed, 38a42. Geese, live, dressed, 30a35. Turkeys, live, 40a5 dressed, 40a56. Pigeons, per pair, 454 50. Guinea fowl, each, 40a65. Capons, dressed, per pound, 42a50. Eggs (loss off)—Strictly fresh near- by, dozen, 52a54; southern, 50a51. Butter—Creamery, fancy, per pound, 43a49; prints, 49a50; nearby, 45ad6; dairy prints, 22a24; rolls, per pound, 20a24; ladles, 30a32; process butter, 35a37; store packed, 20. NEW YORK, February 7. Butter—- Unsettled; receipts, 6,509 tubs. Cream- ery, higher than extras, 44%ad creamery extras (92 score), 4 creamery, firsts (88 to 91 score), 40z 43%; packing stocks, current make, No. 2, 23%a24. Eggs—Weak; receipts, 8,928 cases. Fresh gathered extra firsts, 45; fresh gathered firsts, 44a45; state, Pennsyl- vania and nearby western henne whites, firsts to extras, 45a50; do. browns, extras, 48; do. gathered browns and mixed colors, firsts to ex- tras, 45a47; refrigerators, 38adl. Cheese—Unsettled; receipts, 1612 boxes. State, whole milk, flats, held, specials, 26a29; do., average run, 24a 25%; state, whole milk, flats, fresh, ;fi;;‘:}:‘ 23%a25; do, average run, CHICAGO, February 7.—Butter—Un- changed; creamery extras, 45; stand- ards, 44. Eggs—Lower; receipts, 13,246 cases; firsts, 39%a40; ordinary firsts, 36a37; at mark cases included, 37a39. Poultry, alive—Higher; fowls, 30; springs, 29. R COTTON MARKETS. NEW YORK, February 7.—The cot- on market opened steady at an ad- vance of 7 to 18 points, with active months showing net advances of 15 to 22 points before the end of the first hour as a result of Liverpool buying and commission house covering. On the whole, however, the market show- ed a steady undertone, owing partly to reports of increased New England mill activity, with March selling up to 13.97 and May to 14.30, or about $0 to 87 points above the recent low level Futures opened steady; March, 13.9 May, 14.20; July, 14.65; October, 14.9 December, '15.09. LIVERPOOL, February 7.—Cotton— Spot in fair demand; prices steady. Good middling, 9.78; 'fully middling, 9.28; middling, 8.43; low middling, 7.28; good ordinary, 5.78; ordinary, 478, “Sales, 5000 bales, including 4,700 American.” Receipts, 1,000 bales, | including 700 American. ~ Future: closed barely steady; February, 8.6 March, 8.86; May, 9.07; July, 9.27; Oc tober. 9.42; December, '9.44. NEW ORLEANS, February 7.—Nar- row and nervous fluctuations accom- panied the early trading in cotton to- day. Better cables than due caused a rise of 5 to 8 points on the first call, after which there was a fall to levels 1 to 3 points under the close of last week. March traded as low as 13.41 and as high as 13.54.” Futures opened steady. March, 13.48; May, 13.70; July, 13.95; October, 14.28} December, '14.43, BOURSE PRICES REACT. al40; peppers. crate, 3.50a4.00; rad- ishes, per bunch, 4a5; savoy cabbage, bu., 80a90; spinach, bu., 50a65; peas. per basket, 3.50a4.50. 3 plomatoes, crate, 2.00a6.50; turnips, u., 1.25. Appies, bbl. 3.00a6.00; No. 50a | 3.50; box apples, 1.50a3.00; loose, per 100 1bs,, 1.50a1.65. Ora; b 3.004.00: grpefruit, 3.00a4.50; tangerines. strap. 5.00a8.0 cranberries, bbl, 14.00218.00; straw berries, qt. 50a75. Calves—Receipts for the we | noon today were head, nst |} 1,408 head 1 Moderate sup- |y ply, market dull and lower. Calves,! 6.00 to 1 i CHICAGO LIVE STOCK MARK ’ CHICAGO, 1., 3 i | Libby-. | Union Carbide and Live Stock TOCAL WHOLESALE MARKET. Eggs—Strictly fresh, per doz average receipts, 48; southern, 45 Live poultry—Roost turkeys, per Ib., 1 per Ib., 40; her young. each, 30a30. Dressed poultry—Fresh killed spring l | | l E chickens, per Ib., 40; hens, per b, |}¢ roosters, per Ib., turkeys, per Pork—Dre all, per Ib., 14al medium, 14, 10a13. | Live per 1h. 14a1s:f! lambs, 1 cep, ; hogs, | Green” fruits—Apples. 7.50: per basket, i ia . Pineapples, California orangc a o pefruit, per crate, nearby, N 2, 1.0 3.00a3. Romaine Squash, per bbl, crate, Florida, 4.00a4 3.5024.00. Peppers, per MOLDING YOUR DESTINY. You. alone, must plan Four ewn destiny. Molding one’s destiny is Young gress depends ess roday does failure tomor- ure in the past prevent success in the future. 7 Our First Mortgage Notes, se- Washington real an investment nueleus ence, suceess These notes wrvative 1 by cou- nities. SWARTZELL, RHEEM & HENSEY CO. | 727 Fifteenth Street N.W. Washington, D. C. THE NATION' cured on improv are estate, HOME TOWN. 1 ARK CLARF shruary 7 ended noon tle—Re today we Liberty LIBERTY BONDS BOUGHT AND SOLD FOR CASH Bond Exchange 604 14th St N.W. head I for m: mark ket i 10 Mz week, 43 With light t an adys nce of kind mmo; )0: fair to go to medium, butcher, good 6.0027 choice, 7. -00; common dium, Heif 6.00a 5.00. Bulls, ch 0a7.00; fair to zood, 5.0026.00; common to medium, {{| 3.5021.00. Cows, choice, 6.0026.50; il to mood, : common 1o me dium, 2.00a1.00 p and lambs—Receipts She were last 3,0 {d mark lower. ambs, 6.00 to lambs, 10 to 10. Hogs—Rcceipts for week ended | noon today were 14,458 head, against 14175 head last week. Low supply, Lights. 11.50; medium, ; Tight pigs, 10.50 to 10. to 8.40. Income Taxesl We maintain a well equipped tax | department, with a staff specially trained in the rulings, regulhtions | and application of the law, and can | be of material benefit to vou in| preparing 1920° returns. | ADMINISTRATIVE SYSTEM of Accounting A simple, accurate method of keeping your books. Further information on request. EDMONDS & BOUTON Inc. Establixhed 1890 Accountants—Auditors 813 Woodward Bldg., Whehington, D. C. New. York Lox Angeles BRI States bureau of tle—Receipts, 14,000 steers and she stocks, = teers, 10.00; bulk beef r cows and h : bulk beef a ; calves, to packer bolognas, bulk light 501$5,000 Life Policy, and cutters, | Age 40. Send date of birth for illustratios 1d | and partieulan; at your sge. M. LE ROY GOFF, Insurance Adviser $57.35| Re. 718 Woodwa: uilding, M. 340 nd feeders, 9,000 head rong. lights, down, 20 pounds up, 9.00; to 10 She lights, 20,000 head; lights, r: top, 10.00; bulk 9.00 | a10.00; yearlings and sheep, strong to | lower; 10.00; bulk. 9.00 7.00; top ewcs, bulk, 4¥0a5.00; | feeder lambs, Ny steady. | —_— CURD STOCKS Quotations furnisbed by W. B. Hibbs & Co. ~12:15 p.m —~ Bid. Asked, 9 10 1 American 3 Atlantic Petroleum Roston and Moxiana Boston and Wyomi Caledonia . <% Calumet and Jerom, Canada Copper . ‘arbon Steel . it and Power. Servive (new)... ice (old) Motors " Ik Basin ... Ertel Oil Eureka Croes Farrell Coal Federal 0il Gilliland 0il Glenrock Oil Goldwyn Pictu ex-Gillespie ranada Oil ..... e Paper Indian Packing . Intercontinental International F Jerome Verde . Kay County Lake To; Lehigh Loue Star Gas Livingston Petro Magma Copper . Marucaibo 0Ol Marland Refinery . Mason Valley Merritt 0il Midwest Oil com. Midwest Oil pfd... Midwest Refining Nevada Ophir Nipissing Mines North Amer. P. & Northwestern Oil her troleum (new). . 0 Omar Oil (new) 21 Peanok Oil . 5y Perfection Tire 1% Producers and Refiners’ 41 Radio com. 1% Radio_pfd. Ray Hercules Kyan_ Consol Salt Creel Simms Petrol Skelly 0il Sweets Co. of Swift International . Tonopah Divide Tropical Oil d_ Bastern United Texas Warren Bros. Wayland_Oil Wayne Coal West End Cons. Wright Aero.. CHICAGO— Armour Leather com. ‘Armour Leuther pfd Armour pfd. . Cudahy Packing. National Teath Swift & C LIBERTY BOND NOON PRICES. NEW YORK, February 7.—Prices of liberty bonds at noon were: 3ls, 91.84; first 4s, 86.80 bid; second s, 86.50; first 414s, 87.06; Second 4%, 86.74; third 4%s, 90.2. fourth 4%s, g'l.‘l‘ viatory 3%s, 97.28; victory 4%s, Money to Loan Becured by First Deed of Trust on Real Estata, Prevailing interest and_commission) Joseph I. Wellerjiy Vomuii § o PARIS, February 7.—Prices reacted on the bourse today, 3 per cent rentes, 59 france 25 centimes; exchange on TLondon, b4 france 85 centimes; 5 per cent loan, 83 francs 95 centimes. The dollar was quoted at 14 francs 25 centimes. —_— MONEY AND EXCHANGE. NEW YORK, February 7.—Prime mercantjle paper, 7% : exchange, firm, Sterling>Sixty-day bills and commer- cial sixty-day bills on banks, 3.79%; commercial sixty-day bills, 3.785; de- mand, 3.83%: cables, 3.84%. Francs— Demand, 7.02; cables, 7.04. Belgian francs—Demand, 7.36; cables, 7.38. Guilders—Demand, 33.87; cables, 33.97. Lire—Demand, . 3.62; -cables, 3.64. Marks—Demand, 1.59; cables. 1.60. Greece—Demand, 6.85. Argentine— Demand, 35.50; cables. Brazilian—De- mand, 15.25. Montreal, 11% per cent discount.” Government bonds iTegu~ i Rallroad bonds irregulaly .| o JZENS SAVINGS BANK 'Commercial Accounts / Safe Deposit : Boxes Monthly States ment Service 1336 N. Y. Ave. - No Investment —has ever established a record for safety that-can compare with that of First Mortgage Notes improved We_loan on good and Washington real estate, have on hand notes of $250.00 Up to $5,000.00 bearing 7% interest. CHAS. D. SAGER 923 Fifteenth St. ‘2‘ TLoan Department Main 36 EQUITABLE CO-OPERATIVE BUILDING ASSOCIATION Organized 1878 41st YEAR COMPLETED Assets .$4,272,066.87 Surplus -$1,065,322.80 Save If You Would Succeed —Thousands who have adopted this systematic saving plan of the Equitable have saved most substantial sums. Subscriptions for the 80th Issue of Stock Being Received Shares, $2.50 per Month 4 Per Cent Interent EQUITABLE BUILDING, 915 F St. N.W. JOHN JOY EDSON, President FRANK P. REESIDE, Seey. Tisatrucuyin‘g I have the satisfaction ~ 'SECURI FACTs ABOUT MONEY test the truth of this saying by opening a savings account with us at any of our conveniently located branches and depositing each-week a certain sum of money. Those who have the courage and determination to do this regulacly wil but as time passes and their deposits increase they will see their savings mount rapidly. We shall be glad to count you among our thousands.of steady savers and give careful attention to your account. ¢ AMERICAN ¢ TY & TRUST COMPANY 15th Street at Pennsylvania Avenue 7th Street and Massachusetts Ave., N.W, 436 Seventh Street, SW, TRUST DEPT. A §2R IGN EXCHA E Essentials of Good Service QLarge capital and surplus do not in themselves insure good banking service. Neither do equip- ment or facilities, though all the foregoing are important. It's management fortified by long ex- perience which insures ability to serve well. QAIl these essentials of good service are provided at Washington's Oldest National Bank. We await an opportunity to know you and your require- ments. 3% PAID ON.SAVINGS LADIE National Metropolitan Bank Capital, Surplus & Undivided Profits Over $1,500,000 15th St., Opposite U. S. Treasury—107 years Old DEPT. T ! i OMMERCIAL Accounts of small or large business houses are solicited hy this old established bank, which will extend every courtesy and help within reason. FRME Interest on Savings Accounts 3% Safe Deposit Boxes, $2750 Up. Archibald M. McLachlen, Pres. Firman R. Horner, V. Prea. A John A. Manste, V. Pres. and Treas. Lanier P. McLachlen, Sec. an1 Asst. Troas. RRYREREYIIRERR NP Under U. S. Government Supervision McLachlen Banking Cboration Right in the Heart 10th and G Streets of the Shopping District RRREER el AR RRR) PRRRRREREE You Do Not Get Paid —a cent today for the work you are going to do tomorrow. Nor do you get paid any interest on the savings you are going to save tomorrow. You work today so that you will paid for today. get Why not apply your savings? the same principle to First Mortgages offer a safe investment for the placing of funds and at the same time yield an adequate return. Over a Quarter of a Century Without a Loss. B. F. SAUL CO. Mortgage Loans. i 934 N. Y. Ave. N.W. Automobile Insurance Fire Insurance Managers of Estates Properties. Time and Fortunes It is said that Manhattan Island was bought from the Indians for trinkets worth about $24.00. Put on interest at the time, this small amount would now be worth millions. ALLAN EWALKERECO. All fortunes have had similar hum- ble beginnings. Money put away at interest is constantly making more money. Our 7% First Mortgage Notes are a good investment. They pay a high rate of interest and they are safe— backed by some of the finest resi- dential property in Washington. In amounts from $250 up. Ask for de- tails. ALLAN E. WALKER & CO., INC. Real Estate and Insurance Brokers 813 15th Street N.W. Southern Building "z that money grows. Any-man, woman or child can of secing their money grow, slowly at first perhaps, HOME SAVINGS BRANCHES Eighth and H Streets, NE.