Evening Star Newspaper, February 11, 1921, Page 27

\ FINANCTAL. THE EVENING STAR, WASHINGTON, D. C, FRIDAY, FEBRUARY 11, 192L. FINANCIAL, - '_—_—_—_\‘__*—-—_———"_’ - done is by making the offer of ex- M bm INEW YORK STOCK EXCHANGE. | b S sarm s $5,000 Life Policy, $57.35/ Money to d by Private Wire Direct to The Star Offi O e EQUITABLE o et oo ot e e T S i 0 At i L ive o e present. f the an ete 1 | ; i - Tera 588,02 S, % 523 S | CO-OPERATIVE BUILDING ||| MOLDING YOUR DESTINY. || LE Sox cors. tasmrance adrtes | yo (1| iy 35w & & Open. High. Low. 1:48 Open. Wigh. Low, 1:45%. | Mexican Pete were kept at $12. the . Bm. Ti8 W ra Banding, M. se0 | Joseph 1. Weller vidg., 9th and ¥ Adams Express... 30 % 30 30 |SouthernPacific.. 78% 78% 78% 78% | proposition to exchange on a basis :t! ASSOCIATION } Adv Rumley . 18% 18% 18 18 |SouthernPacrgts. 1T% 18 1% 17%|two for one would. it :'!‘flruri:‘d»m§ AdvRumley pf.... 0 W% 0% &%) Southern Railway. 2% W o | sufficlently taking ‘fo bring in the e . Ajax Rubber. . 8% 86% 6% 36% |SouthernRypf.... 57% &1% b67% b5 % | Test of the Mexican Pete outs ; 415t YEAR COMPLETED : 2 Alaska Gold. . 1% 1% 1% 1%|StandOiINJpf...108% 109 108% 109 e - Ansets $4.272.066.87 e mf"f;ad"’;‘;g: Alaska Juno . 1% 1% 1% 1% Stewart-Warner.. 2 34 8% 84 BERTY BOND NOO PRICES. 1 s“?l“lll.. '|0am :?lmn” l‘(l!n‘:?"f:)lnm"rmor- Midwini All D: s ion Allied Chemical... 49% Stromberg Carb. 38% 8 38 " YORK, February 11.—Prices : o Tow. Noe does failure in the past lawinwer -U2y S€SSION | aiis Chaimers. . .. a4 Sheanaker: %% 8% % B [o¢ piberty honds at noon were: 3| Systematic Saving Drerentiencote inithe) fature: at Waldorf-Astoria—Im-" |Am Asr chem . %6 Texas Company.. &t % : first 4. 86.91; second ds. 86.30: Brings Results S T e ‘Am Bank Note pf.. 4% Texas & Pacific... 23% 2% second 4%s, 86.48; 1} —make up your mind to set aside cured on improved le-mnl‘(on 1:.: B - Am Beet Sugar. ... 4% Texas & PC&Oil. 82 $2% 30% 31%|third 4%s, $9.94; fourth 4%s, 86.80; ;{:fl"l;}ll;,x .‘&f&fi’fih" the Bquituble. :‘;m‘~"';,;h"|'nd‘;';;d'.';';_ i portant Discussions. Am Bosch. 56% TimesSq AutoSup 10% 10% 10% 10% | g . 97.20; victory 4%s, 97.20. more then ever. and happiness gather. These nates Am Can. . 248 Tobaceo Prod. . 63% B3% B34 63% — ! Subscriptions for th are safeguarded by conservative ln'en‘t By L A. FLEMING. Am Can pf. 86% Trans Contl Oil... 9% = 8 € :‘.xunfim.. and reinforced by com- 5 on Tho trust companies of America |Am Car& Fay. . 1 Tranmues Wims. o4 - Oth Issue of Stock Eeehzjioetms AL jcuitien: Savings Accounts > = ei = id- m Car y pf.. 113% . Bel Will hold their second annual mid- | Am Car & Fdy 2 Unionoti. .. Bllylng Al'l Income i SWARTZELL, & winter conference at the Waldorf-As- | {7 POt Ol % Union Pacific. ) Sh. $2.5 RHEEM i i Hotel, New York city, Thurs- | AM Druggists..... &% T R ol ares, $2.50 per Month " HENS| Safe Deposit Boxes, $2.50 Up. Ee‘;{r'.',af’v M will _include two | Am Hide & Leapf. 4414 E::::: i:‘::;lisx l:::‘ Shlaisints SR i M ntasnen s sessions, morning and aft- | Am Ice pf e re. 66% — . y 2 | 2 Tuncheon. and in the even- | Am Intern P USExpress.. ... o Bt EQUITABLE BUILDING 7217 Fifteenth Street N.W. Firman R. Horner, V. Pres. : tenth annual banquet will be | Am La France 814 U“":d PArlod Mortgage s e John A. Massie, V. Pres. and Treas. E b Am Linseed. S6% oS AT 0 lotes an 915 F St. N.W. b 5 Lanier P. McLachien, Sec. an1 Anst. Tren ' 5 J. Arthur House, vice president of | Am Locomotive. .. the trust company section of A. B. A.{Am Loco pf.. c and president of the Guardian S; Am Radiator. Am Safety Ragor. . Am Ship & Com. .. investor is, THE NATION'S HOME TOWN. in effect, buying an annual income. JOHN JOY EDSON, Presi, FRANK P. REESIDE, Secy. Under U. S. Government Supervision con have Iy chosen and should great- { Am Smelting When the notes mature he 2 . £ sy of oc A Vanadium Corp... 263 s h b L T A S veratim € v e e e en g Corporation: | el Vivadou. B the notes he owns. meantime R now before | Am Sugar pf Wabash. H i receives in semi-annual It e Hea: 2 s, NEF Wabash pf A a% interest payments a fixed in- of the Shopping District 10th and G Streets huqm“:‘ s:.<l;uon = ?m—vxms ,-‘nm Am Tel & Teleg. g:::::: :g.u E :g‘é come for the use of his money. — = e Ik EaN RO R S el & Am Tobacco. . . Our First Mortgage Notes in | cer = 5 and a number of measures have been |y pOPROSO- <o s 16% 116 116% | Western Pacific. .. 25 Aenominations of $100, $250 and Tke B < 4 prosented _ of ‘zr importance to | 47 Tobaceo (B 113 1 91% 1% | Western Union. ... se : 0. Secnred on improved D¢ 1-, i ank With a Welcom O e Ve Waolen ) &% 6™ 66% 6 |Westhse Alr Brk.. ses real estate, mature in three i — A i campaign for trust|Anaconda......... 39% 3% 3% 39% | Westhouse E& M. w% suanfless.s andiitheyFray Interest y Savings compound- advertising and | Assets Reaizn..... 2% i . 3 rest on your Savings comj i Asso Dry G 2d pf.. 54 1 Ask fos e b - S Legal Profes-|AssoOil.. 9% ;s;‘/ ‘fm ::f{l‘lcy--(?ve': an, = 31:: w. % S Philli ed twice a year. citions in re- | Atchison. 8% 80% igconsin Centr: ln = i = s 4 to this subject will be carefully | Atlantic Gult @ @ @ & |Wolworth....... it 12am J. ps e 0 llhc Building Association is 1_he Austin Nichol o0 105 10% 1 orthington Pmp. 9% g T g - Sust. Company Fees—The revitcall Borrn it 10 e 5% | Worthinston (A),. o1 | world’s safest and best method for s:hedules wil, be i d and| Bajto & Ohto 38% | Worthington (B).. 6% ST LOANS L systematic saving. bt exchangdd thereon. Balto & Ohio 50 ERone Mnin 08 { - > .f nity Trusts—In response to - 3 . e R TP o R requests. this subject will again be | Barnesdall (B) e el (CauMoney’t i e = ] Even g()'\]cm}:nem‘h”"ds are now seiling far be- i presented for the purpose of affording y . - = i <] OW par. w. 9 HY cOCiats Y W Ampie auportunity' fof (he representa: | deth Steel (B): 1. toty o wh 5 HouRLy ;:;.:sl oF sTocks. LIBER TY BONDS 5 w par, while s arg.s]m.lhls association can be \\;th = ives of present foundations. or trust e %D, 9.1 am..... 2m. 0 R Sy % 7 e ives ;m‘;{ onl m‘:v‘:p;nlirn ok truats. »B;:lhhSl;el 8% PI...104% 106 m;»a m; 1pm L0 2pm 331 500 BOUGHT AND SOLD FOR CASH s rawn any time at full face value and interest added. work to exchange views respecting | Booth Fisherles... 5 6 _— -b E | EEAE i methods and procedure. | Practical| Sklyn Rapid Tra.. 13% 1% B% I13% erty Bond xchange | One dollar will start your account. - questions pertaining to registrar and | Brown Shoe. .. 354 364 3¢ 84 604 14th St N.W. | transfer work, taxation and the ad- | Brunswick Term.. 4% 4% 4% s‘xs ot | . o] 3¢ o ge ministration of trusts. 3 | Col b No Addresses to Be Delivered. ’z'; It umpila Assocmhon Tt is announced in advance that| '] T . there will be no sot addresses at this | California Pckg... 62 62 62 6 | Income Taxes HEH Extends You Greettngs on Its 620 F St. N.\W. midwinter conference. It is the pur- | California Petrol.. 40 41% 3% 40 i i ’ A i pose of the organization to allow the Cnnllli’lltn P‘;Alfl:;- IR w “; | We maintain a well cquipped tax Fi th A 5 Under Government Supervision freest discussion by all embers | Case Plow Works. 7 7 5 4 ecially Pt o e =0 L SRS LR department, with a staff specially lf nniversary T"";l companies that are not repre- | Central Leathpf.. 8 8 8% g: BY STUART P: WEST. | trained in_ the rulings, regulations | sented may make uzgestions for | Cerro de Pasch. i1t s : and application of the law, and can discussion or propound any questions | Chandler Motor. 04| NEW YORK,® February 11.—With e och ! — Benring upon the Sabjects crumerato | coanaler Motor 4| the exception of turther aavance in [[be of muteral benein o vou iy | FIGURES THAT TALK Washinzton trust companies will be | Gpj G 8 | sterli vas very lit- | Preparing 1920 r . ! representei at (hix conference by sevs | O Goel eten R system || | Fevruary 10,1916 - DEPOSITS, . $304,739.82 ALLANE WaLkereCa <: = hi Mil & St P pf alis s ADMINISTRATIVE i 3 e d be made on request by Leroy. A. Mer- | o & 2 Dealings in bonds and investment se | : sl S ncome shon, deputy manager of the ameri- | Chi & Northwn pt. 106 R 18 | curities. generally cdntinued to feel A ! February 10, 1921 DEPOSITS, $1,749,057.08 n Bankers' Association, 5 Nassau | hi PneuTool..... 67% & s e aateait s line enoeons of Accounting trect Now York. Chi R1& Pacific.. 2% % 26% 264 | the restraint imposed by the enorm | TS ey i Chile Copper. 12% 1% 12 12% |output of new capital issues and by A simple, accurate method of! ALL SATISFIED CUSTOMERS. If you have money to invest where Deduct Automobile Licenses. Chino Copper 23% 8% 23% 2s|the discovery that these have been by |lyeeping your books. it will carn high interest without Your license tax is not a big item.| Soca-Colars...... @ @4 2. 2 |1o means as well digested as might i . risk, without troublesome details e 0 cufumbta and Virgiia re| Solo & Southern.[. &2 32k skl Ny HIEES R I|| Further tnormation on request. |fi | B and’ without expense let us submit added, the more so if you have a large ”"’: W% 1% was another dull session in| it e erc an S a our First Trust Notes, secured by car, the exemption will save quite a | u stocks, the more so because the mar- il = mortgages on improved, income- et i e Lo ConsGasoINT... B T T T |ket wis facing & double holiday. But || EMONDS & BOUTON i Prisages fon| Smprored N scome; 1t makes no difference whether your|Cons IntICal Min.. 6% % 6% % |once again the absence of liquidation, | | | Has the largest' Cagital and pr Finmopecnesibes : car or cars are used for business or | Cons Textile. 19% 19% 19% 19%|in fact. of any pressure to sell for: e , | g ington, the seat of government, of pleasure in this matter, but if used Contcua u* C) ml:.‘ s:;: ;{;{;g:;‘:fl‘ or short account, was very :ntablished 1890 it Surfi’us of any State Bank known stability and value. for business. one may also deduct|ContCandy....... 1% 2 - - i 1 : e s upkeep in jts entirety. plus gas, ofl,|Cont Insurance... & & & & ( Again too, the ehare list demon. | BccountintieeASdiion i = in the District of Columbia. These are ideal investments in ot SaEk Exoducia- .. SNl 0k o% | news developments. A fuller con- || 813 Woodward Bldg., | every respect. We attend to all the Local Securities. Cosden & Co. 0 0 % | sideration of yesterday's action of || Washington, D. C. i details. Washington Gas notes were steady | SFucible Steel..... 94 9% %% 9 the ruiiroad labor board did not re- |l New York Los Angeles |! SAFE DEPOSIT BOXES at 100 most of the session, with a | uban-AmSugar.. 28% 2% %% 2%|guit in losing hope that ultimately i from §250 Up. interest $1.000 note seiling late in the trad- | ubaCaneSugar.. &% 23% 2% 24|the rail executives will be able to In Amounts from p. Interest ing at 161% and a $100 note finding{ ubaCaneSupf... 6% 66 6 6 |convince the board of the justice of S 'RY. Presi Commences the Day You Invest « buyer at 10113, Railway 4s attract- | Del & Hudson 1ok 10 % Wik ther claim that the prescnt wakc | PETER A. DRURY, President. «d some attention at 57%ad7%. venv & RioGr. 1s 14 1% 1%|agreements, which were suited to the | = Capital Traction stock reacted % of ! penv& Rio G pf... 4% 4% 4 & itime of business prosperity and high | v 7 SR 2ol 2ot to Si%. while' raliway bre-| Dome Mines...... 1% 1% 1% | Bricca butnot to presn: coniitions | ZENS = > | ALLANE W. - 5 ferred was very strong at 54. * % + | Bhould be abrogated. Z B |« 5 The typesettérs were slow, Mergen- gL o Bt sisan jt wasquite plain that this! R ; The Bank With a Welcome | Real Estate and Insurance Brokers thaler alone showing on the sales R B e chancetoTicat iy Ing | B NK ; sheet, the price on a few small lots . at any early datd &ad: that in>ine SAVINGS A 813 15th Street N.W. Southern Building being 121. Eri meantime holders-.of the railway | < < v o Famous Players... & Adjourned Till Monday. Following the usual custom, the % % B4 2% - 13% ’.fi 1% “ e an % s :: W k% un Washington = Stock Exchange ad-|precportTexas... 16% I6% 164 16%|ance of relief. It was a hard test of Accounts Journed at the close of business to-|Gaston Willlams.. 3% 3% 3% % the market position in the rails and i day_until Monday morning, in honor 8% 664 674 |the fact that outside of a vory lirtle - . B 1004 100 1o | eling In one or two of these lssues As this entire issue has been sold, this advertise. ere” were no offerings to spcak o entire i ise- % S 2% | either Vesterday or today was more Menthly State st , this ad W% % 1y | SiEnificant. ment Service ment appears as a matter of record only. » %™ Steel Shares Firm. National Metropolitan Bank, has been | Goodrich ... 3 - 39% 3 3%| In the same way the steels shares i i"""’JiT,“ Louis by the illness of | Great Nol’lohlmbf. ‘lnl: :s: % % |gave a remarkable - exhibition of H relative. Great Nor Ore 2% 2% |gteadiness in face of the renewal of 40 Fifth Anniversary. Guif States Steel.. 36% 36 3% 35 |0 00 ruxting’ :ampa’;:: "::d‘ the | i ? i s The Merchants Bank yesterday cele- | Haskell & Earker. 5T% 88 67% 88 |acncription of conaitions in ond thel : brated the fifth an ¥ ‘of its|Homestake. 0 0 % {dustry as a virtual trade war. There . | ° - & gpening as onc ot Wa or's,Mcal | Housion Ol 7K e 104 was absolutels no liquidation in ihe Over a ] Tendimireil observed the event by|iinoisCentral... 88% % 8% 8s|like Midvale. Lackawanna. Howubli ' Quarter 4 = { Peter A. Drary, now 1 tansresident | ngianoms 6% % 64 6hfand Bethlchem, and Sieci common. afi- | of | \ 3 at the close of ite ften rirama. that} o ration. 36 364 36 i65|CT easing off,a trifle at the $iart.| a | - e cloasiofits irthday the | o0 boro Metro... 6 % o & |auickly rallicd. Oil shares were, tne | Century { One, two, three and four year H 08 Sepasltsisamonnting to RIS RORS LI o e o ime leaders of ‘the market, with syociai| Ceurs | g 4 . § o 1 e M > . . { ,iapk opened with deposits of |Intl AgrChem.... MK 11 M 1 |GG 0N Noxcan ole on talk Pathout » 3 739.52 and in the past five years | Intl Harvester.... % . t6 9 [2f2 div Toa: 8 & Gold N te | S, Dushed steadily upward. as well | Intl Mer Marine... W% W% W% 10% )" Tnc market for raw sugar gave fur- a Lo 5 (4 cure otes 2 :.« ;m .wgl won the title “The Bank | Intl Mer Marine pf. 62% &% &% 62%|ther proofs that the real turn for the | : incated at 1414 I street bt Tnsreas: | 1on g, ot 80 Bt el s, Sue doton had || Can You Afford to || > : : - | Intl Faper. . ..coee sen yes to 4 cents & pound and i - I e Semanded more room and LavinelBle Gi-22" ¢ a0 2. [ coday it oy D o 4% mu{:s‘m< Risk Your Money? Secured by 400,000,000 pounds of refined copper and the sums required : street, which it now occuples. e (o Cos S B L L2 Sy By R for payment of principal and interest will be F. Belo H _ e Eia . . = eeeee 19% 19% 19% 15%| All the svgar stocks were strong, as If you are sceking absolute by o e ol I el e g e O | A e Sy | Guaranteed by Copper Producing Companies as Set Forth Below 2 Quotations furnisked by W. B. Hibbs & Co. | Keystone Tire.... 14 16 1 34 |velopment. first consideration of every wise 3 A B Da|LackawasnaBieel. s B % & “ne. pan, Mexican. ot || investor, there i no securicy To be dated February 15, 1921, Interest Payable Feb. 15 and Aug. 15. 2 etna BYDIOSIVES eomeesovesses 9 10 | Lake Erie P! 5 B Pan-Amerl di is t o afoiina o = 3 21 AN e N eerroerite SR B e e e e Stead (e to be ] gx&ufi i (e B Lo i Maturing $6.000,000 Feb. 15, 1922; $10,000,000, Feb. 15, 1923; $12,000,000 Feb. 15, 1924; $12,000,000 Feb. 15, 1825 - Aneriean Candy.- g Lehigh Valley. 61% B1% b1% | interest taken in the possibility of an in- | You can invest in these Mort- || Atlan .K Loews Inc. 1% 16% 17 ;:re:;er_mdm .4‘,';:::‘}..( the “fi, romiselfl| 8 =XoU 2R Inves km’wl:mfl: iat 1 Coupon notes in denomination of $1,000 registerable as to principal only. Redeemable as a whole or in part oa % l[fi::‘xfiz‘cm o ‘25 13“ '2% ‘:r meeu"""" Put did nm‘"';p‘,‘.‘lé &Efi:'&} _\":»n ;Anr.'» ";.wm.-.g no risk with H any interest date prior to maturity on 30 days published notice at par plus a premium of 1% for each 68 | Manati Sugar 8 8 8 s |Dody is wiliing to go very strong with || ¥ ;}.:nr“lrvn- o R el 5 . Year or portion of year between the date of redemption and respective maturity dates. ¢ | Martin-Parry I TG I T e e R e promptl s ot H / = :A;“x';g‘“;:? crease were coming this time. If it does (| months g e | it not come now it will simply be hecause e Y OF NEW Y/ L 19% | Mexican Pete. of the uncertainties of the general busi- | L SUSLICOMEANVOL TOR e Miaml Coppe ness situation and the less 3 pri 0 jOtis Elevator. Famous players pf 81 Fisk Rubber uh Middle States Midvale Steel. Mifin & St L (n) teel. . . Ous ac Gas & Elec. shares would have to face a succes- b! sion of very bad monthly carnings | Commercial 3 statements without any definite assur- profitable | B. F. SAUL CO. Mortzage Loans >onditions in the ofl trade. H It will be regarded as merely post- poning for a while longer something The Investment in a tried and tested for 39 years, through the shocks and strain of two wars and four financial panics, is known ae [MOEEE T tain eventuany. "-‘n’;;n’,fi faeais"to et i 934 N. Y. Ave. N.W. SECURITY—This issue will be secured by 400,000,000 pounds of refined copper (at 10 IR R D v e M W 3| (Lo T e only way this can be | cents per pound) which have been purchzsed by the Copper Export Association, Irc., for resale in foreign markets from the following copper companies: Anaconda Copper Mining Co. Phelps Dodge Corporation Calumet and Hecla Mining Company Braden Copper Mining Company Utah Copper Company Ray Consolidated Copper Company United Verde Copper Company Chino Copper Company K e Class by ltself | Chile Exploration Company Nevada Consolidated Copper Company o33 | Norfolk Southern. 12 American Smelting and Refining Company New Cornelia Copper Company 10 | Norfolk &Watrn. o HERE s one inyestmencithac islalways sztisfactory Inspiration Consolidated Copper Company North Butte Mining Company ol \:::;Iel;f ‘Pacifie. . :;‘: 10 its holder—that never gives him worry or anxiety i Greene Cananea Copper Company Utah Consolidated Mining Company e fuu scour,sx;el- % —that assures him of prompt payment of both prin- ; Kennecott Copper Corporation ‘11‘6),(;;232‘(;;::“,; ,:“ cipal and interest in cash when due. This investment, | Payment to the trustee for the benefit of noteholders of sum required for payment of principal and interest of these notes will be guaranteed by these comé)ames in their e | baeTor & @ frotalcomseitoconeias several proportions under a contract between such companies and the Copper Export i o e STRAUS PLAN BONDS Association, Inc. Midwest Off ‘nra. Pennsylvania % a3 v ,.ingfi Exynn‘ % || Benn 5?'3" Steel.. 12% These bqnds constitute an investment which is in a We offer the above notes for subscription when, as and if issued and received by us | el bl ! class by itself. They give the investor a comfortable subject to allotmeat and approval of counsel at New Pere Marquette... 16% 4 Y g1 Nt SerE, 83 | Pierce-Arrow.. .. 2 sense of security and freedom from anxiety which no Northwestera Ot 30”™ | Plerce Oil.. other investment can give. - Does such an investment Maturing. Price. Approximate Yield. Maturing. Price. Approximate Yield. mar ) 2% | Pitts Coal g 1, et T ;6 lPitsaw interest you? If so, write for our new booklet, 1 year 100 and int. 8 percent 3year 991, and mt. 830 percent Producers und Refiic S| R O e “Common Sense in Investing Money.” 2year 993, and int. 8.15 per cent 4 year 99 and int. 8.30 per cent ol v o Ask for BOOKLET 523-G - Pure Oil... BY k (ne jo |Railway StlSpr... 8% Sw | G C f N York. First Trust d Savi Bank, Chi e ) 2. | Ray Con Copper. .. 13% S C / uaranty Company of New Yor! and Savings Bank, Chicago i WAl S0 sive TRAUS X 0. | Kidder, Peabody & Co. - The National City Company SR neading 2apr... o e aienty o “cokronaTm Dillon, Read & Co. Lee Higginson and Company. 12| Re T & Breei. . oo National Metropolitan Bank Building The Union Trust Company of Pitts- Halsey, Stuart and Company. » - WASHINGTON burgh. Mellon National Bank, Pittsburgh 2718 5 Telephone Main 5847 s ] ot . s e 3 - H rg % 5 T i !g: LaSsa¥ran. . 11 NAWYORK CLEVELAND | PRILADELBHIA | SAN FRANCISCO Continental and Commercial Trust Illinois Trust “and Savings Bank, gL S SHtie | Beow.s | fabaamds Miwiviee and Savings Bank, Chicago. . Chi Vit Js:: are 39 Years Without Loss to Any Investor : a = R xe. o g-: = Copyeight, 1001, by 8. We Srave & O . < H