Evening Star Newspaper, February 10, 1921, Page 28

¥l BASNOTES HOLDING FIRM AROUND PAR :fi,fi}mter Men Busy--Debate vand Dinners—Street Rail- ,, way Situation Improved. BY L A. FLEMING. . Washington Gas T% per cent notes setiled steadily around par today with a couple of $100 bonds selling al 101. This establishes a premium for thel sl bonds and demonstrates the i wisdom of the company in having so meny notes of small denomination ! ‘féatly for the market. » Three ten-share lots of Metropoli- “tan National Bank stock brought $200 ‘a share. " Capital Traction stock recovered to £05. a fractional advance. . The rest of the list was entirely heglected. save as to perfunctory mak- ‘¥z of quotations. which did not show “any changes worthy of mention. .. Richmond Bankers to Dine. TThe Bankers' Club of Richmond will Vdnquet tomorrow night. on which weccasion they are confidently expect- Mg a visit from W. G. P. Harding, “oyernor of the Federal Reserve Board, and George H. O'Connor o this city. Lleant ol 0 Jin the District "York banks and the grain. stoc cotton exchanges will be ciosed.. .probable that the local stock exci “will also close. L Bankers® Meeting. ‘The District Bankers' it is Association “awill meet tomorrow afternoon at 4:15 ncoln’s birthday. is a ay in many states. but not of Columbia. w “&'clock to consider the tax situation with regard to the assessment by the Jocal assesor of @ lax on gross earn- ““Ings on interest from liberty bonds. mpany. Company the state 15 10 com- 28, covering Southenstern Express ¢ The Southeastern Expres: “has been organized unde “Jaws of Alabama and exp ‘mence busine 359 miles of railroad right of way, as Southern Railway, 7.102 Cincinnati. Orleans and Texas Alabama Great ew Orleans and Northwestern. 207 miles; Georgia Southern and Florida, 102 miles, and ‘Ihe Mobile and Ohio, with 997 miles. .A public offering ofe10.060 shares of +.stock of no par value at $100 a share is _being made: no preferred stock and no This will make the capital $1,- . follows 338 miles Bonds. e company estimates that it will be able to show a net income of $500.- D% annually. of which one-half goes 10 the railroad companies. Contracis fth the railroad companies provide E'n if at any time the net income “‘of the express company. shail fall _Yelow 7 per cent, then the payments by the express company fo the rai “Ypad company shall be so reduced as ta insure 7 per cent income. this —subseription lists to stock “dese Thursday, February : e District of Columbia comm'itee T the sale of stock, etc, is composed Messrs. Miiton E. Aile; Chapin- “§acks Corporation. W. H. Harrison & €o.. Krey, Price & Co., Miller & ZBoller, George W. White, H. F. Cary Taand Willis Worster. = Bankers' Dinmer. “1“At the junior bankers' dinner to be ‘Hajd at the New Willard Saturday evening. February 26, under the aus- “Plops of Washington Chapter. Ameri- can. Institute of Banking. Rev. Dr. Wreeman, rector of the Church of the i «Bpiphany. will be the principal _sitégker. s ‘Bankers Will Debate. ‘"Xew York and Pittsburgh chapter iembers will debate the tax proposi- tfoh tomorrow evening in the small _ballroom of the New Willard. The smax problems of the day are interesi- “ing_the lawmakers. especially the _subject selected, “Shall Congress Re- ipiace the Excess Profits Tax by a “Pwx on Sales.” __W. L_J. Conway of the Guaranty JBrust Company. J. V. D_ Strycke, “federal reserve bank, and N. M. Me- "Wernan, Irving National., are the de- baters from New York. A large ron- .aingent of members from New York = be present. Civic bodies. iaw - ers, directors of banks and bank ials are invited to attend the de- bete. ' Kleetrie Raflways Doing Better. E‘r‘r, H. Gadsden, presiddnt of the! Kmerican Electric Kailway Associa- | «afon. which includes the wcal sae ! wilways. his sddress at th opening the md: ¥ AWe- associailon at New York despite man-handling by 8B foes since the begnaing of ta ! War. electric railways (hrouzhout tie e i “ e Lnited States are coming back l',_?:)_“mf;.l'.}ft‘,'"_ - s = y ire. : Sinz 1o One of the striking decla-ations in | ackawunua Stcel e Sarcorau o his address was o the effect that in | Lee Tirs & Rubber 10k e Aniias | the entire electric railway field | Lehigh Valley. S1% | Xational Taion .. L “Mere is not today an employe out | Loews Inc.. 1 : # atiwork because of a lack of business | Mackay Cos ptf. L JIILE INSURANCE. @® keep him engaged.” { Manati Sugar-. .. % |Coluubie Tile .. a0 ““Weviewing the electric railway situ- | Maxwell Motors. % ate [Tutle =83 ation since 1917. Mr. Gadsden said: | May Dept Stores. T ramnia R LLASEOUS STOOKS., -*Wages and materials have advanced | poyjcan Pete. WS | Combis. o Dyone(Col. /2. 101, 160 per cent. but the average in-|jaiamsCopper 18% 7 g “réase in fare has been but 40 perlyiiie States Ol % Sorail retun conir minciyone on, | Midvale Steel. $1% | Mergentlaler Linotype panies out of a total of $43 have gone | Minn &8t L (0). 11% | 014 Datch Market com. The hands of receivers. Only an | Mo Kan & Tex. 16} PNtk e “esaential industry that was inherently | \o Faciflc.. 185 | Lanston Monotype a1t & part o & community could have sur- Myed such blows The electri fereed to opera railw have been ¢ unde- the Worst pos- | “#ble conditions conceivabie. The in-{ 68 ustry has been ruth xpio 6 | TUPPER MARLBORO. Md.. February | - labor and material men Nevads LOpPeEr 13t 19 (Special).—Aithough the Federa public on its side has inwisted on alNey OF Tex & 35 | Lion of Women's Clubk and the com wickel fare jong after the nickel had | XY TS 821 MUNILY council of Prince George: wbrunk to Cents, while ad e ey Z1p ) €OUDLY are on record am favoring concentiations in the cities | NN H & Huare 1% | operation of the mothers' pention dens in the way of increase N Y Shipbuilding. . 0 E passed atl the 1916 session of wpon us" §a unu-nu‘\hu'n Maryland legislature, the West- 2 snengers Carried. ~°'"‘°""“§““““‘- a Community Club at its last | = et dectarent that the Unialoma Frod. 3% | meeting went on record 8 opposing | =3 uwens Boitle. 50 | this action i e e DEtoBRIent: 5 The mothers' pension law, accord- ponn " beture | as Guad Bilec a [ing 1o Mrs. © X Cory of Herwy ome o ! Lac s | provide subei «én. _suron pasineil- 5 i children under fouit Ao hat greaier evi- : Pan- e ia *lof needy widows who denc cength anl per- Pan-Am Pete (B). 68 |15 leave home to work mane 1% a i reunsyivania. . Wniwho has heen iy Everything con peun Scabd Steel. . L lin the fight in ieorges coun- ha happrned 1o the electiiec railwuys People’s Gas. 3¢% | ty to have the law put in operation, flhd.)tl they survived Phila Company B 3 Y% |states she believes that if the law LoContrast this with the bus Pn:llips Petroleum 235 26 2 25 | was fully understood throughout the | Warld today. After four veurs of | pierceOil.. : 1% 10% 10% | county practically all opposition that | unexampled proxperity. at the first|pii e W Va 293, 29% 29% | now exists would be dissipated. ] breath of adverse conditions. textile ! Potg € VL TRony 1% 13% 13%| The Westphalia Club also has or- | mills, shoe factories. automobile fac-, goit =0, 108 10; 107 |dered laid upon the table a proposi- Aorfes. steel mills and lumber Hpsy s 4% % ation to recommend to the county first reduce working hours and th unta Aleg! 25 5 commissioners that the deficit be- shut down, throwing thousands out of | Pure Oil.... (s W% K geen the sum collected for Red work. Out of 2,000,000 men reported , Ray Con Copper... 4 %4 W = M%|(crogy activities and the amount re- unemployed today not one i an clec- | Reading 8% 8% 2% 2%| quired. 6,000, be provided for in tric railway worker. Reading 18t pf. the county tax budget. This propo- S SRRl S AT Reauding 2d pf. sition. '00. has been indorsed gen- s was. sext <uiled to ihe \teviion & Hisel ally in the coun A member of fact that the Federal koo Gie ain Iep Motor Truck. . the Westphalia Club. however, o My simmission @ad found « Ixr,;:‘l( £2oyal Dutch. Dreas e e S lmats it rie radway indusiry is ot Joseph Lead.... will he finalls. acted upon favorably SplsSen Bran o Tt is undersiood that members of | Ma A remedy for this St Louis Southwn. £ 2 - s S Sogtmur the club, for the most part, rega urcd that St Louis Sown pf.. i meritorious hoth of the propos PG rie rail- Saxco Motors. ... tions mentioned. but oppose them be- | must - roper and Seaboard A Lpf... rause they believe that if they are relation to "vice Ten- Seurs Roebuck. ... aracter and quantity o referred to the improved @onditions which the roads were feel- ing right now. in the reduction in waibe price of coal. ruils and cross ties. Every cut in the wage scale from nOW on “is going to xhow itself in our operating statement ‘e are on the upgrade! fares it ix goir reome the o Even take crating losses ur vears and overtuke the lurge | red maintenance on our prop- Lo can see our way ou PICK WAR HERO FOR CHIEF. TAMPA. Fla, February 10—Maj. F. M. Williams, prohibition enforcement officer in this vicinity, credited with more successful raids than any other member of the prohibition forces, who received the American distinguished service cross, the French croix de guerre and ihe [talian war cross of merit, in recog- .gflp{n o h‘:s war record, was named ief of police by the cily commission ~frere last night ¥ NANCIAL. NEW YORK STOCK EXCHANGE. Rezeived by Private Wire Direct to The Star Office. - Cpen. High. Lew. 1:43 Ajax Rubber. £ U S Realty. 4% 8% 0% % Alaska Gold 1% U 8 Rubber. 6K 69% 6% 6% Alaska Juno. e 1% USSmelt& Ref... 3¢ % =% 34 Allied Chemical... 4% 4% 9% 4% | USSte 8% BN m% 8% Allis Chalmers. ER 35 35 (U SSteel pf. 110% 110% 110% 110% Am Bank Note pf 4« 4 44 |Utah Copper 564 5T% G8% 6e% Am Bosch. : 5% 6% Bi% | Va-Car Chem. s 8 W% 88 Am Can 30 % 29%|Vivadou.. R Am Cotton Oil % 22 2% | Wabash.... 8% 8% 8 8 Am Drugg{sts % % 6% hptA. 20% 20% W% 20% Am Hide & Lea. 9 9 9 [WesternMd...... 10 10% 10 104 Am Ice..... an o tern Md2d.... 1% 18 1% 18 AmTcepf.... B 69 tern Pacific. % % % Am International. «% 4% 4% B4 WK BK AmLa France.... 8% 8% 8% “a U uH Am Linseed. . 51 Bs% b6k 5 % 9% Am Linseed pf. 0 %0 % Ung &LE... s% 10 9% 10 Am Locomotive 3% 87 3% B%|Wheollig & LEpPf Lin L% 15% 1. Am Safety Razol 8% sw% 8% 8% | White Motor. 3 39 a8k Am Smelting. White Oll. ... U% W% M Am Smelting pf. Willys-Overlan T W % Am Steel Fy. Worthington mp. 495 9% 4 AmEUEAr h. Low. Last. Am Sugar pf. Call Money..... .‘: AL Am Sumatra Am Tel & Teleg HOURLY BALES OF STOCKS. Am Tobaceo. ..... llam..... 10 4% 1zm 214 00 Am Tobacco (B).. 11i%a 11 % 1% 154} 354, Ao pm Am Woolen. .. % s G G \m Zinc & Lead... 8% &% ¥ Anaconda. 3% 0 A 9% DIVIDENDS DECLARED. Ann Arbo: u% n% % 1k e Assets Realzn ol 26 24 74| R Ass0 Oil. ... 100 100% 10 101 | Cinclunadd Northorn, an., 88..Feb 3 Mar 2 Atchison. . % 5 wuiworth " I’ g Achison pf., 9 e FEARTR e i Atlantic Guif..... &% 3150 . Mar. Atlantic Gulf pf. Mar. Atlantic Ref pf. . Baldwin Loco. Balto & Ohio.... Barnesdall (B). Beth Steel (B). Reth Steel $% pf. Bklyn Rapid Trn Bkiyn Rap Tretfs. 9 9 Brown Shoe. . Brunswick Term Burns Bros. Butte Copper. ... Butte & Superior Feu. Feu. Feb. b. 8 Feb, . ¥ Feb. 2 Mar. 1 Apr 1 Apr wtock, q., 1 Sugir Re ~addo Ofl.... Mar. 1 California Petrol ~alifornia Pet pf. Aurtd Canadian Pacifl Mey 1 entral Leather. - “entral Leath pf. SRl ~erro de Pasco. dpes 1 Ches & Ohio “hi & Eastern I i3 5 ) cnnie ?:,, Washington Stock Exchange Chi & Northwn. vhi R1& Pacific.. 2% T : SATE Chile Copper. n% 12~ Washington Gas 7i55—8$1.000 at 100, $1,000 Chino Copper. 3% 8% at 100, $5000 xt 300 Coca-Cola. . 2% 1% 21 situs “Crac.dou—z at 85, i e G et 6 | Natlonal Sitropoliten Busi—10 at 20, 10, Col Graphophone. u% 0% 1 e Col Graph pt 6% 6% :a:; Jofeshington Gas TLs—$100 at 101, $100 at B G N 8% = = o e T ™| Copital Tractin—20 ut 5. Cont Can 9% Bid and Asked Prices Cont Candy. 2 2 Cont Insurance. .. 6 BONDS vorn Products. ... 704 Wis PUBLIC UTILITIES. rucible Steel..... 91 . whan-Am Sugar.. 29% 294 AHITCL a0 Xelea s Cuba Cane Sugar.. .3 23 e Vavidson Chen iy Y el « Hudso, .o 10002 100 Del Lack & Wstn 15 1 Denv & RioGr.... 2 2 Denv & Rio G ptf. 4% e Dome Mines...... 1% 14 ik Horn Coal.... 18% 18% Elkhorn Coal pf.. . 9 . Emerson-Brant pf 3% 35l i {;"!"_;‘mx‘ = > ex. Erfe............ e % Lk | RShCATe Erie 15t pf. 2k W 24| Waminfton Gai T P ZH shicgton Rwy. and Blec Famous Players e Washicgton Rwy. and Eice. a1 a1 Famous players pf Fisk Rubber Gaston William uen Aspaalt... MISCELLAN D. C. Paper Mfg. 6s gs Keulty s (shori). Ors. Gen Cigar. c STOCKS en Liectric PUBLIC LITIES. ' American Tel en Motors. % and Telga. | Capits W ranby reat Northern pf. Greene-Cananea. . Haskell & Barker. Houmestake. Houston Oi Hupp Motors Illinois Centr: averty, Indiahoma ational ‘Metropolitan - Inspiration. Interboro Metro. Interboro Met pf. intl Agri Chem pf. (nil Harvester. Intl Mer Marine pf inil Truck 2d pf. ‘uul Mickel intl aper. 1 laper (sta). iKansas Cily 0u. e oo | Recurily Storage S5% | Wasiiugton Market . 21 3! ¥i| UPPER MARLBOR. 3o kacific pf { put into operation they will mean in- creased taxes. The mothers’ pension law, passed in 1916, has never been Seneca Copper. | Shell Trad & Tran. i Sinclair Oil. 3% 2% 2% 4% | Dut into operation. i Southern Pacific. 9% % 718% 8% Judge Fillmore Beall of the cir- !gouthern Pacrgts. 16% 18% 1% 17 | CUlt court for this county is looking | Southern Railway. 22 125 2 |into this matter. The ilaw-enforce- ment committec of the County Fed- eration of Women's Clubs, Mrs,—Al- fred Bailey of Bladensburg. chalr- man, is taking an active part in the movement to have the bill put into operation. High Freight Plaint. CHICAGO, February 10.—Appeals {8tana o1 N J pt. Stewart-Warner. . ! Stromberg Carb. Studebaker uperior Oil Teun Copper. | Texas Company. .. Texas & Pacific. Texas & PC & Oil. Tobacco Prod..... Tol St L & Westn.. 9 |the live stock industry in the south Trans Contl Oil. sy | have been fled with the Interstate o i ‘ommerce Commission by repre- Il T8 e e 3% % sentatives of Armour & Co. Its plant e 1o 1m0 11e% 1w |3t Tifton. Ga. was closed down, 19% | principally because of the high rate: United DTug...... ® 9 9 9 = 2 J it is declared. Twenty-eight south United Fruit...... 108 108% 100% 107% | ern railroads are named in the pe- United Retail Strs. 5% 66% 65 8%/ tition, and refunds of nearly $60.000 USCastirPipe... 12% 12% 12% 1% |are sought. The live stock industry USFood Prod.... @K 24 WX 2k |in the south will soon be history, it is USIndusAlcohol. 68% 68% 68% 8% ' asserted, unless raliroads come to_the assistance of producers. S - | I for relief from high freight rates on | {and prices were lower from the open- { 1 | Dec Conolidated Gan Ta. Geperal Blectric : 00 cicumbers, per ‘box. | "7 N (4alS: hes i 7 £.00 plants, per crate, 5.00a- i stock—Calvy per 1b., 14a15; 73(:.:;)(“;“._«551 fettuce. h’".'bs' 10a11; sheep, 3a4; hogs, 10%. far basiat . per 100 | Green fruits—Apples, per bbl. 3.00a | fbs. 100a1.25; oyster plants, per|1.00; per basket, 75a2.30; western, Yurich, 6a0: parsnips, per bushel. 126 | 2¢r’ box, 3.306.00; California lemons, yi0: peppers, per crate, 3.50a4.00: | Der box, 3.00a4.00. Pineapples, per crate, dishes, per bunch, 4a5; Savoy cab- ;‘fl;gs 00. California oranges, per crate, e T rishel. 80a90; spinach, per | L0000, Florida “oranges, per orate. a2 %50a3.00; pras, per basket. 350 |#:0085.00. Grapefruit, per crate, 4.0025.00. nL 2 €Eelables—Potatoes, nearby, No. 1, 2450, oes. per crate, 2.0026.50. Tur-|Per L. 175a2.25; northern, per sack, nipeper bu., 1.25. Apples, per bbl, |25Z5; sweet potatoes, per bbl, No. 3.0085:00; No. 2. 2.5083.50; box apples. 0G0 oo 2. 1.50a: 00; yams, per 4 & ' - " . 7 - -90. 3 lorida, ?271:105 1.5023.00; loose, per 100 Ibs cr_a‘){e.[‘f‘;i?fl.fiml Celgrs’(.)apzr Gl e ‘Oranges box, 2.25a4.00. Grape- | -oV: Tlorida celery, 3.25. Romaine FOranges, per O o Tangerines. | [ftice. 125a2.00. Squash, per bbL, 2.00 ruit, p X 002800, Cranberrie: 2. OL)r&:l!lnsx’, per :;:Eu-, Elorida, . L00.8 A e s | Ronas Spinach, per 3.50a4.00. 14.00a18.00. Strawberri el {being shipped here from THE EVENING STAR, WASHINGTON, D. C, THURSDAY, FEBRUARY 10, 1921 TODAY’S BOND PRICES. Noon prices reported for The Star over direct | St. Louis and San Francisco 6s 1920.... 87% New York-Washiagtos wire by Bedmeod & Co. | St. Louis and San Francies inc. 6e.... 43 e r Line refdg. 0y Oty of Paris és 10 963 | Seaboard Air Line adj. s 5 Domnion of Canada Southern Pacific 1st ret. : outhern Pacific cony. Jremch Goveramint 9 Southern Raflway gen. Government of Switseriand 8s.. Southern Railway os. Kingdom of Belgium 7igs.... Unlon Pacific 1st 48 Unloa Pacific gunv. 4a. 1K of G. B and Ireland Gigs 19: W U. K. of G. B. und Ireland 5izs 1647 Doesy American Tel and Tel. coav. G %" | Unfted States Rubber Tig. 8915 Armour & 0. 4ige.. s ted States Steel S, F. w5% Atchiron, oTpeka uhd o3 rginia-Caroline Glie, vy 1081 | Wilan & Co, 1st Go. L% Laitimore and Olio Gs. Laitimore and Oblo 8. W. Div. 3iss Bethlebem Bteel refd. os. SHORT-TERM BECURITI (Reported by Redmoud & Co) Central of Georgi Ity. Gs. Rid. u-..m“.-lfiro?: Tel, & Tel. e hesapeake a o couv . Chiesapeake and Ohlo gen. 4 Dy 100 100 Wi 8 9% 964 em Rteel Tn 1922, Bethlchem Bteel Ta 1923, nadiau Pacific e 1924, 1 Argentine 6s 1 Chicago, It. 1. & Paclfic G 1 ; C. & St. Louis s 1929, udaly Packing 7s 1923, 8. . Guodrich 7s 1925, Hocking 4 | Kennecott Copper Ta 19: | Liugett & Myers Tob, Os o | Pouns. Cu. 4%w, June 10, 1 Trocter & Gable r [ Union Station 61 Delaware and Hudson 7 Er! eral lien 4w, = Tlinols Central Gign. . International Mercantll Inter. Rapid Ti Louisville aud Nasiville 7s 1930 aud Tex. lst ocific genernl I B orfolk aud Western Northern Pacific dx. Peonaylvanln Co. | Sourhern Kailwag Southwestern Bell Ts 1 & Co_ Os 1921 an Co. Ta 1923 i tric 7s 1935 o8% E. & M. T 1931, 983 Grain, Produce and Live Stock GRAIN AND PROVISIONS. T.0CAL WHOLESALE MARKET. BALTIMORE, February 10 (Special). lvf‘lgp—str!;n.:y Jfresh. per doz., —Potatoes, white, No. 1, per 100 Ibs,, | 2Verage receipts, 33; southern, 38. 5 Live Itry—) .. 20; 1.40a1.50; cobblers, 1.4081.50; McCor- | ¢, iiavy D::r!lr!{. f‘s‘i‘bfv‘;‘lfi.‘mfi’f{.,"fifinfl: micks, 1.16a1.25: No. 2, 50a75; sweets, [per Ib., 38a40; hens, per Ib.. 34; Keats, per bbl., 3.0025.00; yams, 4.00a4.50; No. young,"each, 30as0. 260 Drossed poultry—Fresh killed sprin 2, both, 2.00a2.50; beans, green, pearl | I poultry—Fres! sAepring und wax, per crate, 3.00a6.00; beets, ckens, per Ib, 38a40; hens, per Ib., per crate, 1.75a2.00. Toosters, per Ib.,, 23; turkeys, per Cabbage. per ton. 10.00a. ; cauli- 55260, per crate, 2.25a2.75; celery, per 40; Pork—Dressed, small, per Ib., 15al6; midium, 14a15; heavy, 10a13. T box, 4.00a7.00. Onior 021.60. Brussels sprouts Cranberries, 18.00 S AT NOON. winter, spot. garlick Mar DAIRY MARKETS. IMORE, February 10 (Special). | Tiprivaly by bout. Poultry Corn—COD, alive, ., 3Uass; et btk n 34ai6; dr.ssed, IS t:-‘a('k corn, yellow. | sva10; i March corn. 7 . [ N2 of beiter, 50 per bu. dressed, 30a35. s—None. ed, 40a56. Pigeon: Oats — No. 2 white, 47T per | Guinea fowl, $0a7 bushel; No. 3. 46a461; per bushel. 40a50. N Rye—Bag lots on nearby rye, as to £s—Loss off, strictly fre 1.30a1.60 per bushel: No. 2 dozen, 35a37; southern, 33a34. Tity, quality Butter—Creamery, fancy print: 48a449; neurby, print a xport. spot 1.66% per bushel. othy. nominal: stand- 0226.50; No. 2 timothy. . 2 timothy No. 1 light clover. mixed No. 2 light clover mixed. No. 1 clover. mixed. LE lover mixe: 1b.” 47a48; { dairy | 30a tore packed, PRICE AND WAGE SCALE OF STEEL TO CONTINUE No 15 00a20.00. 1 nominal: No. - 1 taneled rve 17 . 16.00: 2 wheat. D), 180021850 | i 13.00a12.50: No, s <ary Corporation Has No Intention of Cutting Its Rates Nor Re- ducing Employes’ Pay. oat. 16.00a17.00. NEW YORK, February 108 e sprin; atents, 850a9.2 “szk. o fammily, 36.00440.00. Lard. easy; middle west. 12.15a12.25. Other articles unchanged. CHICAGO, February 10.—Quickness with which offerings were taken brought about an advance in wheat srices today after a hesitating start Bulls contended that from this tize W YORK, February 10.—Existin prices and wage scaies of the Uniteq States Steel Corporation are to con- tinue, declared Libert H. Gary, chair- Man of the board, at a conference here with newspaper men. Some ot ¢ independent cor : s6od. had made B e s ! P uaE e ofl.rs to sell th ward the course of values would | FUEOU : o eir L Zoverned lirzely by the attitude of | hroducts b current quozations, | produc and’ that domes.ic in-| S, A8 erted that ine United he Corporation has this t.me of chauging its <. The subjec 4IONg ils 265,000 em- ven’becn up tor con- poit conditior or. T vouas Were i teniion at i 4t present. Open- | i i1 M 1. to 1 el wao con-| reda ains al ng rces be- bty low the baxis uxed by tn Tedustria i “Corn re t Arter onea- | boaEd in h h, 1919, must have in | e, i | ention of reducing wage | ng unchanged to % higher, including | rof. eatio ge May at % to 66%. tne markel lhel:lu‘l",f,c:,:d‘ngl)' thereby charging ¢ 10 the working people. It so, the manufacturer is wrong and unfair, unless, of course, the present selling prices are higher than they | Ought to be, which would be unfair to the consumers, or wage rates are higher than they ‘should be.” n-answer to charges by Controller {of the Currency Williams, that steel prices are too high, Judge Gary pointed out that these products had {wice been reduced since the end of the war. and that his corporation | continued to maintain its quotations of March, 1919, althovgh both wages | and freight rates hav, climbed up- ! ward eince that tim 2 i e was optimistic 'regarding the ! il outlook [for business, but as- | ] 4l existing governments [ taxes and the failure of the govern. | ment to pay what it owes the rail- {Toads are the principal factors re. | & the return to atisfac- | tory conditions. Serifpabatany e Present taxes are too big, hey absorb too large ixg scored a moderate general upturn. Oats were governed by the action of other cereals, starting unchanged to 3 off. May, 43%, and later advancing to well above yesterday’s finish. ‘Weakness in the-hog market had a bearish effect on provisio Potatoes—Steady; receipt nogifiern white sacked bulk. 1.20a1.30 cwt.; sacked, 1.00a1.10 cwt. COTTON NEW YORK, February 10 ton market showed renewed nervous ness this morning owing to the con tinued reporis of British trade de- pres:ion, lower Liverpool cables and rumors that considerabie cotton was ew Orleans for delivery on March contracis. There wns some Liverpool and other foreign buying on the decline. but the south was seller, while there was scattered selling for local and 4l.2d Cue nsin kings he | re Wall street account. of incomes, materially interf, vith | a = e 'y erfere with Cotton futures opened eas desired extensions und improvements | o7 Ay 12 July, 1% and hamper business generall "Mil nher. LIVERPOOI upon millions of railroads, receive the mone. dollar: Februar: nd their fail- f . delays pur- Spot in moderate dew b Cele thaimoueyie : B diin 9.4 ¥ gy % prevan them mak- lower: good mddllm €. e ing ments on contracts, which, in middling, y turn, embarrasses others and pre- | : %004 ordir 4 cales, 4.000 bales, 11,000 bale vent i tion: | JFeturn t expected better cond n: receipts ] B dehs I Y ncluding 13,100 Amer utures = losed quict; February, March, FOREIGN BO 3 %51; May, %.79; July, October, [ Quottions furnished by W. 1. Hibbs & Co. 9.28; December, 9.30. Prices at noon: February 10.—Poor | Berlm 4u.... ] W ORLEA cables were agi in the cotton Greater Berlin 5 i Bremen 43, Ohemnits 45 Coblenz. 4s. man gov. 4 German gov. 16 Krupp 4. . 193 Bad. Aniline 315 231 Al Ge. 415 203 1 ker Bank ix 19 n a depressing in- uh, market today fluence. ing. A private bureau report on Janu- v American consumption placed the total at 317,000 against 295,000 | Darma rd. L. Bank 45 19 i anuary of | Dresden 44 renes Rank 4s.. 19 in December and 592,000 in January of | [ & oo 16% Prenes Bank t vear. The flgures were |1-gur|d»d e B Rerlin , Bauk | Dusseidorf w1 JEssen ge rankfur( e = « disappointing, althoux showed a gain over those for De ber. . Futures opened cuiet. OIL STOCKS. Quotations furnished by W. B. Hibbs & Co. Bid. Asked. | German gov. 3s Anglo American 0il Co. s n.'.':"l B ey o i EXPECTING TOO MUCH. Bickeye Pipe Line Co S The Customer—I wanted some lady- Chieweborough Mfg. Co. Contmental 0il Co Crescent Plpe Line Cumberland Pipe Line ureks Pipe Line. fingers, but these don't look so very tempting. The Bakery Man—What do you ex- 108 W fena-signal Ol o com, Py 47 |pect for a dollar a dozen; diamond | Galenalonal O . o i@ g7 |rinesioniem? i Indiana Pipe Line (0. ational Transit ... ew York Transportation Co. ‘thern Pipe Line o > Olilo OH Co... - mxylvania irie OI] and Prairie Pipe Lin Solar Refining (‘0. Houthern Pipe Li South Penn. Oil Co. The Guest—Is this hotel American or European? Proprietor of the Talltimber Tavern —Well, it was run by a foreigner when I bought it, but it's been nat- nralized since then. A HYPHENATE. ! i Bouthwest. Penn. Pipe Line Co.. 72 . 1iforni . 208 308 Siaatart O & fanms~.... 30 iw | THE USUAL INTERRUPTIONS. Standard Ofl Co. Kentueks..... 300 320 | Musicus—You ought to hear our new . Ne 342 |organ. It's a fine ome. It has more 40 |stops than any other instrument in 15 |town. 355 Motorly—Stops, eh? For repairs or 33 |on account of the police. { Guaranty | York. Thin Is 5ald to be the first large pub- { lic loan made iu this country to be se- | cured specificelly by n certaln amount | of wn esentinl commedity, as well as the first blg movement by American companies to tuke advantage of the obportunities offered under the Webb oxport trade mct to invite public par- ontinued, “that {| PLANS FOR FINANCING COPPER EXPORT SALES Loan First in Country to be Se- cured Specifically by Certain Amount of Commodity. NEW YORK, February 10.—Plans for financing the sale for export pur- Doses of 400,000,000 of the 600,000.000 pounds of surplus copper in the Amer- lcan market are made public here with t | timore market cannot maintain prices substantially higher than either Phil- adelphia or New York. Last Saturday a local dealer ordered a carloal of eggs from Chicago at 50 | cents a dozen, scelng a good prodt on | current vrices upon their arrival, but on wrrival the local market had drop- the announcement that the prod was pledged as security for $40,000.000 8 per cent notes of the Copper Export to be offered for public sale by o banking syndicate headed y Company and the Company of New Association, by the National C Trust EGGS IN BALTIMORE 36¢. A DOZEN WHOLESALE BALTIMORE, February 10 (Special) —EgRs took a further drop in the wholesale market yesterday and are quoted by wholesalers this morning as low as 36 cents a dozen for strictly fresh nearby stoc ing a legitimate 50 cents u doze: ticipation In the finuncing of foreign trado. The heavy accumulation of surplus copper was the result of the sudden ending of the war aund the fnabllity KEuropean consumers usual requirements. The ;oo.onmu«u wé‘l‘cr‘-"l'ul;:l:umrflm l!'s"not our turn, pounds {s only about three-fourths of . e our flat with an- the export trade done by th's country [other family and they occupy it at lrvesomant Bankers and, in the opinion of pro- night. 137 Sa LaSalle St..Chicado t will be easily absorbed. perlod, present rate of production 18 sald bo below the deliveries of copper 1919 and 1920, making a further heavy accumulation improbable. STANDARD OIL DIVIDEND. CHICAGO, February 10.—Stockhold- ers of the Standard Oil Company of Indiana today were notified of the quarterly dividend on the new $25 par value stock. This 1s at the rate of 40 per cent on the old stock. Last fall the company declared a stock dividend of 150 per cent and decluration of $1 reduced the par value to $25, thus glving each stockholder ten shares of new stock for each old share. The old stock had been dividends. stock of the now receive d ompany, nal investment. The Connecticut Mutual Life Insurance Company —has returned to its policy- holders more money than it has received from them in premiums. a record unique among Life Insurance com- to take their marketed over a reasonable The receiving 12 per cent regular and 12 per cent extra Purchasers of the original it is figured. dends ‘at the rate of 1,200 per cent annually on thelr origi- | af to in panies. 3 e Compound Interest Paid on Savings. _In the interest of “Pro- e O You can open 2 Savings Account at l fessional Public Service.” this this Bank with as HEtle as company now offers a thorough course in the Prin- ciples and Practice of _Life Insurance. and Applicd Sales- manship to those contemplat- ‘s - L ing Professional Life Insur- (o) Interest on your Savings compound - ance as a career. ed twice a year. L ) For Enroliment or Detailed 0 The:. Building Association is the Infotmation sce world’s safest and best method for | systematic saving. . D. Sampson, Gen. A i 2 ; E pson, . st. Even government bonds are now seiling far be- 1125 “{ood‘w ard Building low par, while shares in this association can be with- Washirgton, D. C. drawn any time at full face value and interest added. One dollar will start your account. No Penalt; on Siaall Balances. 4% . °1.3: o a0 ' izterent on. e accountn Columbia Building Association : Centn pe an ecount. THE CLINTON BANK 620 F St. N.W. Clinton, Md. Under Government Supervision . ‘W. Gilbert Deat J. Erank Dent . President Cashler | / :“T' dep nds. ! ’ 1 ngainst | A ’.’l.llll.!{. ] iR | In 1919 our foreign com- { o it Morteage Noter, oo merce with Chile amounted Crimteare un ventment” ancieas to $13556345L. 2 happiness Exther. These notes ALL AMERICA CABLES Are aafequaded by conservativ ety ek cseing oien” Toreign trls developrest : - JOHN L. MERRILL, Pres. pbetwoen this country and Cable Office, 1126 Conn. Ave. ©OUr South American neigh~ bora. SWARTZELL, RHEEM & e e HENSEY CO. 727 Fifteenth Street N.W. ' ‘Washington, D. C. ’ THE NATION’S HOME TOWN. Money Secured by Prevailing_interest and_commissior Joseph 1. Welle: bldg., 9th and F n.w. rst Deed of Trust on Real Bstate. r 420 Wash. L. & Trust | . I!v%figmfi Accounts Safe Deposit 4 Boxes Monthly States ment Servies §336 N. Y. Ave. EQUITABLE CO-OPERATIVE BUILDING " ASSOCIATION Organized 1870 - YEAR COMPLETED $4,272,068.87 $1,065,322.59 Systematic Saving Brings Results —make up your mind to set aside someihing each day in the Bquitable. You will accomplish more than ever. Subscriptions for the 80th Issue of Stock Belng Received Shares, $2.50 per Month EQUITABLE BUILDING, 915 F St. N.W. JOHN JOY EDSON, Presideat FRANK P. REESIDE, Secy. 20 cents a dosen wholesale in loss specialize in property manage- than & week, ment. n_explaining the abrupt fall the head of the largest house én the exg | B. F. SAUL Co0., busin here declared that the Bal I Fraoklin 5593. 934 N. Y. Ave. NW. ped {o 4% cents, which placed the transaction «n the wrong side of the ledger. Bu(lvrfl continues weak eased off 1 cent a pound on creamery grades, and recelpts are sufficiently Lib. cral to result In pressure on the part of [ sellers, u breuk being looked for shortly. THE HOUSING PROBLEM. The stay in the park all night. have to go home. Columbia National Bank Capital, $250,000.00 No Bank Can Be Stronger —than the men behind it. The names appearing in our list of officers and directors herewith afford :Columhia” depositors every assurance that their interests have capable management. Operating an Direct Fast Freight Service between Philadelphia, Balti- more, Savannah and Mobile to Los Angeles, San Fran- cisco, Portland and Seattle, under the direction of de- pendable local Financial Interests, assisted by competent Executives with broad shipping experience— Is an Important Part of the American Merchant Marine ] The Company is operating a Fleet of Six Fast, Steel Steamships—53,166 tons—that is being purchased from the Government under favorable terms. We have for sale a limited amount of the 8 and convertible Preferred and Common St pany, affording investors the means of becoming partners ’ in this well established enterprise under attractive condi- tions which will be explained upon request. FINANCIAL. CONSULT US 1f you wish your rental property to produce the best results. We thereby establish- ail price of about and a decline of over e e ——ey and prices P 2t ie more interestis than fiction. Write for today. KRIEBEL & CO. Policeman—You folks can't You'll Ofpen at 8:30 AM. Every Banking Day Sus S25000050 911 F Street OFFICERS: DIRECTORS: Albert F. Fox Pres. Chas B Balley D. 3. Kaufman Chas. B. Bailey, V. Pres. W, Clareace Duvan Beal ¥. Leighton Benj. W. Guy, V. Pres. 1 amaiiem, Clarence Carson, Cash. L. Fenton Fadeley A.N. Mitchell, Asst.Cash. Jns. A Messer Theo. W. Noyes Chas’ W. Ray B. Francis Seul Joba N, Swartzell Unlimited Opportunities for Safe and profi table Investment— Await those who support their faith in American Com- merce by providing the financial structure for the Mer- chant Marine. ATLANTIC, GULF & PACIFIC | STEAMSHIP CORPORATION established and profitable Coast-to-Coast The Fortnightly Service of These Steam- ships Between Atlantic and Pacific Ports Handles Business Producing Large Earn- ings Which Should Continue to Increase. Traffic Representatives are located in the prin- cipal commercial centers of the country. cumulative » of the Com- The foundation of the fortunes mow enjoyed by many American families was laid by investment in the Merchant Marine of Early Days. A. B. CROUCH & COMPANY INVESTMENT BANKERS 406-408 Water Street Baltimore Calvert 3300