Evening Star Newspaper, February 18, 1921, Page 27

FISANCIAL. .. WHE EVENING STAR WASHINGFON, D. €, FRIDAY, PUBBUABY 18 o5 . CEINANCIAL WSROy Money to Loan .o o oo v vorr s PHASESOFFIGHT [NEW, YORK STOCK EXCHANGE.| TODAY’S BOND PRICES. | wimcismeis, = 5 Bant claxs securities at price which Offi Noon prices he 8t direct ] St. Lounis and S F sco 6 1929.. .. reports from the Pacific 1 steam- | Secured by First Deed of Trust on R Extate. Received by Private Wire Direct to The Star Office. New Lor. W asington wire by Redmond & Co. | St. Louts and San Franises foe. 66+ ship Golden State and the Matson Prevailing inierest and_commission. met a shade over §%. Address Seaboard Air Line refde. 4. - liner Hawkeve State, which sailed & Trast | 314- r Ofee. oseph 1. Weller #20 Was : Sraboard AlF Line 1'% Josep! Siae. o0a and ¥ nw Southern I'acitic 1st ref. outhorn Pacific cony. outtern Rallway uthern Railway fon Pacific et from Baltimore for Havana and Pacific ports Tuesday on their maiden | ge, showed that the Golden State 1 was about twenty miles ahead. H EQUITABLE NEW YORK, February 18.—The Ass(xl"no“ New York Stock Exchanze member- Orxanized 1579 B e e L ey 41st YEAR COMPLETED $92,000. and that of . W. Gonzales. -$1.272.086.57 deceaséd, to Oliver Filley for $94.000. ‘$1,085.322.89 Tk last previous sale of a seat was . . at $90,000. | Systematic Saving — Brings Results i ke up your mind to set anide ©Open. High. Low. Close. Open. High. Low. Olose. | City of Paris 6s 1921. Adv Rumley. L 19% 19% 19% 19% Sears Roebuck. % 88% 86% 87% | Dominion of Canada Gs of Ajax Rubber...... 31 81 2% 28% |SenecaCopper.... 17% 17% 17% 17%|Freach Government 8s. ATaskaiine. 1% 1% 1% 1% |Shell Trad & Tran. 0% 4&0% 40% 40% | Government of Switzeriand 8. Allied Chemical... 47 47% 46% 47% |SinclairOil.. . 24 U% BY% 2 |Kingdom of Belglum 7 = Allied C)\eemlcal pL 0% S0% 90% 90% Sloss-Sheffield L3 l,: of G. R. d 1 Allis Chalmer: 6% 36% 6% % g:fl;::llgc;:nt. ;I:“ TR i s 8 acifle. . North Carolina Banks Have |Atischaimerspt. i st 8 B |o0iner pic s, o - Am Bank Note pf.. 45% 45% &% 45% g;nmm-nru way. 22 Slight Advantage—EXxpress |am sank xote.... s~ 5 s w(EtandOnNJpe... 1% ‘ Am Beet Sugar. 48 48 = i . B3% B3%|Stewart-Warner. i, Flotation Successful. A Goneh.--... B B 2% 20 |Stromberg Carb. 3 % | Studebaker. . i BY L A. FLEMING. e e e B2 i |Submarine Bost The fight for par collection of | Am Express 125% 125% 125% 125% | Superior OIl. ©ohecks in North Carolina between | Am Hide & Lea pf. 44% 45 “% u% ;e"ncwper ‘state institutions and the Federal |Am Ice.. C 45% 45' 45% 45% | Texas Company. Texas & Paciflc. 5 Am Ice pf. 60 5% Reserve Bank of Richmond goes [[rl 8 Presoe-see O Texas & P C & Ol 46 50% | Third Avenue. ted States United States United States Virgiria-Carol Wilson & C Show you how to invest profitably oms _.-.fi','...-. inu:d..-dy imvestment 3 but we send it FRI m Central of Georgia Ry, Central Leather o Y — £ Writetodey. ATTENTION! Clients doing business with our ng each day in the Equitable 1 accomwplish more than ever American Anaconda ul e f Chi.. Mil._and S, Paul conv. 41 Chicago Northwostern 7a 1930, Subscriptions for the | merrily on, with the state banks one | Am Linsced. Chi., Rock Tnland and Pacifie rerd. 1s rental department have the satis- 80th Issue of Stock ime, but with ¥ £4% | Tobacco Prod. Cuicago Union Station 614s... N ot Sl e e | oc lap in the lead at this time, but with | Am Locomotive e eans o Cousofidated e facHon St e ine tint Sn ol Being Received [ of this company givy the odds against them eventually. | Am Safety Razor.. 7 10| Transue & wiles. Detaware and s his per | “The Georgia bankers who attempted | Am Ship & Com... Frie general liea 4. attention 1o all matters pertain- to contest par collection lost out!Am Smelting. ... g":“"‘ oil. . General Flectric 6 & ol (e miTnaEemencboin: nras bl Slnres, $2.50 per Month ‘through their fight in the courts nion Pacific liinols’ Central 63, erty International Mercantiie Marine 4 Per Cent Interent Inter. Rapid Transit Ixt and re Louisville and Nashyille 7s 1930.. Union Pacific pf... @ United Alioy Steel the chances are against the North Am Steel Fdy. Carolina bankers. o | | B.F.sauLco. || EQUITABLE BUILDING . and ' Am Smelting pf ' Am Steel Fdy pf. H Under date of February 17 the | Am Sugar. United Fruit...... 106% 107% 106% 108% | o', Kan. and Tex. 1st v 5 oF Richmond Reserve Bank announces | sm Sugar pf. United Ry Inv..... 11% 11% 11% 11% | Missouri Pacific general 4x. that its representative has informed | yoigurBl B - United Ry Invpf.. 24 24 24 2 |New York Centrul 7a 1850. ' the bank of instances where he has presented checks over the counter at some of the non-par points and United Retail Strs. s6% L6 55% N . U'S Gestre i ew York Telephons Ga. . 13% 13% 13 18 |Norfolk and Western conv. 43 | Am Tel & Teleg Am Tobacco. . President , 924 N| Y. Ave ,\',\\'.? 915 F St. NW. ! ' LIBERTY BONDS | USCastIronpf... 4% &% 48% 8% | Norfolk and Western conv. Ga. some cases officers of banks have at- [ Am Tobacco (B).. L s Northern Pacific 48..... " tempted to hoNl the checks presented | Am Woolen. Lo e 2% 1%| remmiva co. 4 R R TR | . and declined y ca e Am Wooll ennsylvsn B d Exflh e H ; S by e SR e Mmoo A : . Liberty Bon ange e This the Richmond officials re Atchison 84| USSmelt& Ref... s3% 3% eing el A ae > 604 14th St. NW. e owoTesx 0. @s a high-handed proceeding, and Atchison pf. 78% | U S Steel. 8t. Louls and San Francisco 4%, series Pl T I = = S T Monthly States der advice of counsel, have insiruct- | AtlantaBir & Atl.. 6 6 6 6 |USSteelps e ————————— “of 214 per eent e ed agents and representatives to ex-| Atlantic Gulf. 5% | Utah Copper.... 3 % . . on the capital stock of Mergenthaler Linotype R 1336 N. Y. Ave. hibit the checks and demand pay- | Atlantic Galf pf 3| Vanadium Corp. rain roauce and 1 t k | e arkmaen: o' = iy ment in money, since the law does 1ot | Austin Nyenaly, 0 | Va-Car Chem.. ’ ve ocC the stockholders of record as th ¥ appear at 1921, T the close of business on March transfer books will not be JOS. T. M Tequire the delivery of a check to|4 3: 14 | Va-Car Chem pf. @ bank until payment is received by | Bolgorn St 0% | Vivadou. .. the person making presentation. In|Balto & Ohio. . 34 | Western Md. other words, exhibition of a check.!Balto & Ohio pf... 5o & 60 60 [Wabash with _opportunity for examination. s | parnegdall (B). .. 2515 5% 25% | Wabashpfa. 20 £0%|pounds, 1.25a1.35; cobblers, 1.25a1.3 a legal presentation without sur-|parnfeall (B). s % 3%|Western Pacific... 6% 26} 28% 26%|McCormicks, 1.00a110; No. 2. 50: Tender of the check prior to recciv-fpoiy oo 0 5315 63% B3% | Westhouse E& M. 4% d6% 6% 46 |sweets, per barrel, 3.00a4.50: yams, -ing payment.” Beth Stecl (8 S8 51 6% |Wheellng&LE... 9% % 9% 9%|3.50a4.00; No. 2 and culls, 2.00a2.50; Checks dated prior to February 5| il 3ioe a) 315 16% 12% |Wheeling SLEpf 16% 16% 18% 16% | beans, green. pearl and wax, per are not covered by the injunction and | BX1¥n Rapid T % B & | White Motor. 4 4@ 4o |hamper. 3.00a6.00; beets, per crate, e r = 4 | Bklyn Union Gas. . . 2.00a2.25. 4 as dishonoped; o Wil be retarned| purmg Bros. . e MR W4 1k 1% Cabbage, per ton, 10.00a15.00; cauli- Among checks that have been and | Butte Copper. - flower, per crate, 2.50a2.75; celery, per FINANCIAL NOMADS. ong persons whose re frequent shiftiogs from e to place, the saying is thet ree moves are equivalent to . Damages incurred in asseme ig and reassembling furnitore, m packing and unpucking. soom make these belongings worthiess. GRAIN AND PROVISIONS, | OCAL WHOLI ¢% 10%| BALTIMORE, February 18 (Special). T % |—Potatoes, white, No. 1, per 100 LE MARKET. hpressea poultry—Fresh killed spring ickens, per Ib., 40 Ib., per | %, : Toosters, per Sbapeosters, per Ib. Pork—Dressed, medium, 12 The esying is worthy of consid- n by persons who engage speculative investments accompa- Railroad Equipment Bonds i -es | Butterick 19% 19% 19% | Willys-Ovid pf. 35 35 1crate, 2.50a7.00; cucumbers, per box, : nied by frequent changes. Expense | s oentediby reprasentatives adoon 1% 5% 1% | Woolworth....... 112 M2 1% 11%}700a3.00; eggpiants, per crate. 5.00 [ Live stoc per b, 10als; s, nadequate investigation 'tow Biven to the order of various collec. | California Petrol.. 41 (0% 40%|Worthington Pmp. 49 49 48% 48%700; kale, per barrel, 1.25a1.50; let- |1ambs, 10a11 a1; hogs, 10%. Uiten se yut's par mencpel We h: Limi ed £ 4 Eixsnilo wisiordes otivarisus collc ) CUTERIZ RSN, S Gl Hign, Low, Tast, | 16, per basket, 1.60a3.25; onions, per | Green fru S s e have a limited number o sibly checks payable to state au-(Canadian Pacific.. 116% 117% 116% 116% Call Money..... 7 6 6 |100 pounds, 75a1.00; oyster plants,|7.00; per ket, 50; western, For the steady investor—the man thorities, and refusal to meet these |Case (JI) pf...... 85% 8% B5% 88% bunch, 6a3; parsnips, bushel, 1.00:|Per’ box, 250a6.00: Califorma lemons, il A Bl i | ircula descripti £ - checks, Svhen drawn against sufficient | Central Leather. .. s6% 3% 36% 31% HOURLY SALES OF STOCKS. peas, basket, 3.50a4.50; peppers, crate, {per box. 3.0041.00. Pincapples, per cra Ao Eonbul b Rl circulars scriptive of certan . funds, either with or without ex-|CentralLeath pf.. 83% 8 5% 8% . 180700 12m 5.00a7.00; radishes, bunch, 4a5; spin- | .00 California oranges, per crate, TomireniiCaTate DrOVIOs lmounas of gage Notes on improved Washiog- ' amipttion, wifl be refused at the peril | ¢ a 7 29 2% 28% 2 p. ach, bushel, 5026 COA £ Flor oranges, per crate, income that is constantly reliable. 2 = - ST GerrogeFPasco.. . 1 = SmRaw pm.. W [*Tomiters G, 2e0aten: turnips Seevdinls Sesi Dl et e issues of Railroad Equipment vVialation of the law. Ches & Ohio.. 5 [ 0 . RHEEM i . Certificate Allotments. Chi Great Westn.. 8% 84 DIVIDENDS DECLARED. oFomm, meahy PlYp AL HENSE’Y CO. | Bonds, which we will be glad The Secretary of the Treasury has|ChiGreat Wpf.... 18% ; grapefruit, box 2.50a4.00. s, ner sack, 5 [ s g ®ccepted bids for $132,586,500 Treasury é‘:; :fl}:g:; fg“: O"f‘"’uhnaux's 3-02533;.75' Maieeines, .00 s, ¥ 727 Fifteenth Street L W. | to furnish - ed certificates, series G1921, dated Feb- D per strap, 5.00a8.00; strawberries, per ifteen eet .. W. ruary 15, and redeemable July 15.|Chi& Northwn. 68% quart, 40a50. 2 o furmish to any one iterested. ic ‘Washin, . D. C. celery, per doz., 1.00a i a_celery, 3.00a3.25. omaine THE NATION’S HOME TOWN. uash, per bbl, 2.00 ‘ 1921. Total subscriptions were for |Chi RI& Pacific.. 27% 21% * $218,924,600. Ten of the twelve fed- |Chi RI& P1%Dpf.. 1% W% eral reserve districts oversubscribed | Chile Copper. . their quota. The aliotment for this, [ Chino Copper..... 22% 2% “the fifth regional district, was $4,222.- { oo SRR 000, while the subscriptions were for e . Statistical Department of SELLING PRICES AT NOON. ‘Wheat—No. 2 red winter, spot, 1.96; No. 2 red winter, garlicky, spot, 1.85%; February, 1.8313; March, 1.84. ‘Wheat sales—None. Peppers, 2. 4.00. . Toma- $6.407,000. Richmond ranked ahead of Coca-Cola = Corn—Cob, new, yellow, 4.00a4.10 |toes, per | E N I & Chicago in percentage of subscrip- | C0lo & Soul bt per barrel, in cargoes; contract corn,{fack, 1 s, per thion:! to quota. dn\'el‘ Yorsksoh-d t;:oe g:: g::fiifi:;fine . 5:" o spot, 83% per bushel; February corn, - . 18.00 per bbl. -buying with orders for $80.745.500, i ? L n, 83; track corn, yel- ge, 1002150 per cwi; new s ol :;ldsov;as given an allotment of $49,- gol G?_nh j2¢ :% f::'n‘:."xu;:%raue‘i 84 per busne?{_ {cabbage, 2.00a: Pper bas] m.x’p::;t)ul,:le-nl D;‘::—: * i i ,500. ons Cigar. ... Corn sales—Bag lot of white, dam- . = 0 a % Sy o3 3 A Liberty Bond at Par. ConsGasof NY... 8 81 2 | aged, at whart, at 70 per bushel. CHICAGO LIVE STOCK MARKET. HATIARS Come o e Hibbs Buildin, 725 15th Street - % Cons Intl Cal Min.. 6% 6% 2 i bu.; | CHICAGO, Februay 18 (1 8 g First-second 43 liberty bonds sold j COnS Tt/ C8 it s Oats—No. 2 white, 48% per bu.; Pl e b B. F. SAUL CO., %4 N- ¥. Ave. N.w. at par on the New York Stock Ex- |ConsText! d No. 3, 47% per bu. CRIDtR 6000 e e . . by Frankiin €503 ha terday. Cont Can. % B% BTN Rye—Bag lots of nearby rye, as to elpts, 6,000 head; barely S e change yes Y. oA 13 IS on ull classes; top bief steers, = This is the first time these honds have | Cont Candy 1 A% a1 BB reiene. quality, 1.50a1.60 per bu; No. 2 west- | {1 all clu e ;1$5,000 Life Policy, $57.35 sold at par since January, 1920, when | Corn Producti W T% 0% $ 23 ern export, spot, 1.69 per bu. Ateers, .00 Eut Age 40. Send date of birth for illustratica they brought $100.80. There are but|{Corn Productspf..103 103 103 103 Hay—No. 1 timothy, nominal; stand- | f&5": 8- et S s or arch e e , few of these bonds outstanding. and { Cosden & Co. 29% 2% 2% 29% e T S ard timothy, 25.00a25.50; No. 2 tim- | 5,*F%: b OSE-20: M. LE ROY GOFF, I Al they do not appear with regularity | Crucible Steel..... 94 9% 9% 9% othy, 24.00a24.50; No. 3 timothy, 17.00 \,0 CHORers & O B 15 Wostun A Bendine. Mt m"“' on the sales record. Cuban-Am Sugar.. 32 32 32 32 a22.00; No. 1 light clover mixed, 23.00 | ;) 1)y 1 10211.00 == _Woodward Bullding. M S They are first 3145, tax exempt. con- | cupo'Cone Sugar. . 25 2 2% U% a23.50; No. 2 light clover mixed, 19.00 | FOSTY J0-5020 100 e — verted into fourth loan. due 1932-47. | b Cane Supf... 67% 6% 66% 66% 222.00; ‘No. 1 clc:vedr Téfii»él&hfi -00; | “Yioges o A V M 0 N E 5 2 : No. 2 clover mixed, 16.50a20. o. . . E -~ Personal Mention. Del & Hudson..... 101 101 101 oL 150081800, Nov 3 clover. 2350424 50; | LiENtS. 15 L lncome "l‘a’xes ‘ommercia onal Bank, leaves v i .00; sample hay, 10.00a15.00. e - - o 5 tnt‘m;s;hx for Miguwi, Fla. for & fort- g;’;fl;‘“;flg&l = ';]"' ;;V' ;"‘ ltst':nsr—rgo. fi'x n?mi\na ) lNo.‘ ('_; e dp:a;:::‘":fl:{;l:fl;l:;“?fl = that is the safe way to attainsindependence. We ight's vacation. or - straight rye, nominal; No. angle: = i i ., Wi clal Vi T /i ility. L. E. Breuninger, president of the|Endicott-Johnson. 60% 6% 69% 69 Tve 57.00: No. 2 tangled rye, 1600; | \Wers bu Feained 1n) e sulloes, ses Dotionn will extend you every courtesyvand facility. o Citizens' Savings Bank. is_spending | Erfe. ... several weeks in Florida, being ac-|prie 1st pf. . 18% 19% 13% B%| NEW YORK, February 13.—Interest{No. 1 wheat, 13.00213.50; No. 2 wheat, No. 1 oat (nominal), 18.00 | jams opening |and application of the law, and can 20% 0% 20 20 iin the bond dealings today centered |12.00012.5¢ companied on the trip by Mrs. Breu- | prie 2d pf. 1% 3% 1% 8% 218.50; No. 2 oat, 16.00217.00. some held at further advar be or material ibéneftitofyousin Interest on niager and their daughter Ruth. Famous P o 64 6 6% '0‘;;"“': e the outcome (of the 3¢ CHICAGO, February 18.—Rain and [fat lambs early £.5029.00: preparing 1920 returns. 3% 2 Loeal Securities. Fed Mines & Spf.. 21 21 26% 26% | 000 e Joan. It was known Yes-{anow in the souhwest had a bearish |ewes, 4.0024.75 choice, 93-1b. year- ||| Smgs Accounts Fisk Rubber. . Gaston Williams, Gen Asphalt. Gen Asphalt pf 4% % W% 1% |terday that these bonds were not going | effect today in the wheat market. |lings, 6.50. 2% 2% 2% 2% nearly as fast as other recent offerings, | Many traders, however, showed a = a0 - wed o o 006 B iUton s WO e e e Sidh "o gectinen. ” et -attention - wour mod Dy & : € 6 6% 6% end of business today. instead. all par. | Continued to be given to the possi- ’ ADMINISTRATIVE SYSTEM of Accounting Action on the local security market was not especially active, but there | was firm tone to most securities. ‘Washington Gas 712 per cent notes | brought 100% and Gas shares sold at | Gen Cigar. . us crop damage result- | A simple, accurate method of . McLachlen, Pres. 355 i Gen Electric...... 114 1BI% 181 131% ticipants in the sypdicate were notified o e Etasn bue peac Open: [Kegrtn@ yonrbooks; A"“h::""‘" it Capital Traction, 84%. A few shares | Gen Motors % M% M UK b’;:! 23 t'dfl—!hll'dl of the issue had|nc prices, which ranged from % to | Firman v of Federal National Bank stock sold | Gen Motors pf. M % N% % = and that they were to be re- | 5,7 [ Faviner ia7ermation . John A. Massie, V. Pres. and Treas. at 175. Gilliland Oil pf... ON) oaNost Lanier P. McLachlen, Sec. Asst. Troas. Odd lots of Lanston sold at 73 and than at 74 ex. dividend. Light sales of Mergenthaler were recorded at 121. . lower. with March 1.67 to 1.68 L L L S| e aleats snerern: [ and May 107 to 1.3, were followed l Goodrich. . . 3 39 ;K W on o cach e eredit | Py a slight further setback and then Goodrich pf Smn o eno s 8|S gl e were disposed of by a rally to about yesterday's Great Northern pf. 6% 6% 76% 16%|" This announcement was quickly fol- | Anish. o Seuata M xyndou &f Meallty: Great NorOre..... 30 %% 30 30% lowed on the curb by a drop in the| ,COrn Daralleled the action of wheat. 3 Fairfax Harrison, president of the{Guantanamo Sug.. 14% 1% 1é% 14%|Chile 8s. They are being offered to|After “flnl“n‘n% paRgowe: s —_— Bogthern railway system, eaid today: | Gulf StatesSteel.. 824 % £ i the public at 93, and were procurabie cluding May 5 50 8% Under U. S. Government Supervision ' EDMONDS & BOUTON | | Inc. O eatants = Asstitors 813 Woodward Bldg., ington, D. C. Los Angeles . . ket sagged a little further, and BY STUART P. WEST. “The books for subscriptiom to the dee Mf L1616 this afternoon in the open market at | Joo) = = S million dollars of capital stock offered | Homestake, 98 then fully recovered. NEW YORK, February 18 (Special). s |98%. ed by the course #1o the people of the south by South-| Hupp Motors 13%| The general bond market continued | . O%in, Were AVATEL LY U 0 Fed | —During the ecarly part of toduy's eastern Express Company were open- | 1ilinois Central 4 McLachlen Banking Corporation e e Blatrict 10th and G Streets quiet, as on previous days, with a ff, May, 44% to 45, and later i hy ck list wa sid 0 3 o Pl to % off, May, 3 session. the stock list was consider- +~ed yesterday morning and were closed |y nO 2, 0 Velutiow price movement. Liberties, fif.‘,'.': lower, but tiien scoring some- | y1v unsettled by the weakness in a quarter of a point since the eari: % number of individual issues. As soon Tt of the weok, were a tiifle ni | Downturns in the price of hogs at night. The stock was allotted pro- portionately to all the fourteen states ‘"‘eft:“‘ :::"’i - and the District of Columbia served by | Interboro 12 i ‘ Safe Deposit Boxes, $2.50 Up. r o ‘weakened provisions. as the decline in these had spent it- the lines of the South lway | Intl Agr Chem. 10% 10% 10% 10%|er The leaders in the foreign gov- i Lo etem e "dobile ard One reoreny | Intl Mer Marine... 15% 16% 1% M%|ernment ivision wore ne Sreriors | WHEAT— Open. BDgh Tow: "',,,"fé self prices were inclined to harden. The reports received this morning | Intl Mer Marine pf. 64% 54% 63 53%|issues, which made new high records 1.62% 157 1.57%|This showed that the market as a whow oversubscription in every state. | Intl Nickel. ‘The stock list will be made up of the { Intl Paper. mames of at least 2,500 widely dis-|Intl Paper (sta). tributed southern business men, hold- | Invincible Oil 15% 15% | The external 53 got up to 48%, and 67 56 6% | the 48 to 36, losing some of uu’l‘r gain | Ms: 738 73 |later on. The French, Swiss and Bel- 1 32 % m|Eian bonds were dull and little |, . &% &% 4% 4% |changed. City of Paris 6s, were off . 8 @3 | Whole was no longer responsive to{ 6y T, ey 71% T®. 7% 71% | general influences. It was a case of 447, 48% 445 45y | particular stocks moving either up 4614 ing; on the average, about forty shares | Islana OIl % iomapd O % 8 S%or down for reasons peculiar to 5 i ewel Tea NEW YORK, February 18.—Produce | themselves, while the rest of the list 100 e P e ‘nd paof [JeWeITeapl ..o B B% B 3 Rally in Atchison 4s. articles unchanged. vacillates back and forth without any e e andN0Iof JonesTea. . ua m uh = | Awchison sdjustment bonds, which e ineer sustained tendency in either direc- ‘? had este: y mnearly two 2 tion. it A il b S . 48% 46 4% &% |points to 69, rallied this morning to{ BALTIMORE, February 18 (Special).| The weakest spot was Atlantic Dloyes, offered to-subseribe. %Dl 8 8 8 8 (70% In sympathy with the rise in|—Poultry—Chickens, young, live, per|Gulf, common and preferred, and ® e Ee o et practical | Kennecott........ 1% 13% 18% 19% | Norfolk and Western stock the con- |pound, 32a3s: dressed, 36a38: old. 32a|these shares plainly indicated by DS e e A vpactica | Kelsey Wheel..... 4 44 4 4 |veriible 6s were actively dealt In as |33: dressed, 34a35; winter chickens 40| their action fear of dividend reduc- In the south at a time of business de- | Keystone Tire. .. 164 1o% 16 16 |3ift Soyeinon e rharn oretog, oir | B, 010, 540: dressed, 8ats, Goene, 36 | Lomis Lt s often been a condition Steel. ere were heavy g 7 5 A ] mposed upon companics urgently in Ty DL s STaie e | el canes ot %t | i Bunuagion Bt 4t oot S Hlesons Hcn | el ptutont U it | 4 9K YHY should 1 buy Straus Plan Bonds—Are they any different . = - or] ‘estchester ' h: o il serve their resources” by suspendin > e Samndencs et the peaple S e montE | L Tne e eres e i tre | 2ad Boston 4%s were'weaker. selling [dressed, #0358, Capons. 4080, | ') or reducing temporarily payments to from other bonds? Are they any better? Isn’t it true that I 2 int to ). - 2 3 S, ders. = - - I e s e b | 0 Rendin e | L e ot huad Soutiers 5 | T it ore nesviy o can perhaps get a lttle more income yield from some other < s T . of the e, iof : , 50. on a report from Mexico that oil = » i ¢ estor. T gmoy snd thels smooort | Midkay CodPC - 6 W @ |pom masel B TS SRR, plster- Ciivhey, sy, oo pound | s 1R el Wi, war Sn investments! * These questions were ssked us tocently by an-fmvostor X anal ugar. up e enter- <2 b | danger of running out. — The Southesstern Express Com-|janhattanElev... 8's &4 & 64 |Drise on the plea that they are being | 43atd; ladles, 28a30; rolls, 20a24; storc | S47ESr O TIERE (HE, The answers are simple and definite. Straus onds are a y— pany will now proceed, under the able !y, ywall Motors... 6% 4% & |deprived of part of their security. Full | PAcked, 20; dairy prints, 20a24; proc- Soft. management of Mr. John B. Hocka- tean Pote 160% 161 159 160% | Provisions has been made for much a |58 butter, 33a35. At first the street rather overlooked day, its president, to purchase its nec- | Mexita% FEE- - TH aentingsnay NEW YORK, February 18—But- |the fact that supposing this story to CAUSE essary equipment and will begin serv- l“.""“‘ o s 1% 13 4| 45y objectors will be told that they | ter—Firm: receipts, 4,781 tubs; cream- |bo true there are plenty of oil lands = { ice at the earliest practicable moment, | Midyale Steel: % % | can keep their bonds with the full se |ery, higher than extras.’ i%a4;|belonging to thesc companics which of which asnouncement will be made.” curity s now back - , _extras (92-score), 48;|are in process of development. and the MoKan&Texpf.. 4% 44 4% 4%|this will not interfers e, bUt | CToamery, & ote (a8 to 91 meorc), 424 |Production . from which promises to Straus Plan Bonds are backed by a record of 39 Pacific. .. 18% 19 18% 18%|ers who wish to take advantage of the | 47; packing stocks, current make, |mmake up any losses from wells that years without loss to any investor—the best pos- Mo fic pf. .. 38% . a ing - CHANGE STATEMENT DATE. | o racifepto D% T i |so. Toie mmikes the 36 Ber erat ok | Mgyt Strong: reeipt, 20912 canes; | Soms of ths tire stock broke sharp- sible assurance of their soundness. ullins Body. posal seem much more real a - | tresh-gathered, extra firsts, 433%a44;|ly, but here, toq, the causes were I RO Tobmuary e The | o eme, 5 |dints ihin aid 3t et mould T, | MR gRentenal T Hata; Bt wiolly imdiyiouat Ajux was discount: i - N it. ug! 3 ng 4 ivanin and nearby western al as i- e serve Bank of New York, heretofore | Natl Biscu W1 | Cohing at &2, would ‘be" qucis ee | Ee e e ites, first 1o extras, 5ga|dend, and Goodrich was reflecting Straus Plan Bonds are paid in cash on.the day dus, published in Saturday _afternoon | Natl Cloak & Spf. papers, will first be published heres after in Sunday morming editions, it is announced here. This change, 1t in understood here, will appiy to other | Nevada Copper. federal reserve districts. New Or Tex & M The delayed publication was decided upon, it was reported in financial [ s 4 certainty. It w. where they would be by all od - : do., browns, extras, 46; do., gath- [ Some of the same uncertainty. was 3% | Giderably out of 1ins With other Tsouns | cod prowms and mixed colors, firats | noticeable that other members of the % | of their olass. to extras, 42a45. rubber and tire group held compara- —_— Cheese—TIrregular: _receipts, 2.418 [ tively steady. in face of the weakness boxes; state, whole milk, flats, held, |in_these two stocks. SUGAR MARKET QUIET. anecials, 26a29; do. avarage run. 24a| Blsewherc the price movement was NEW YORK, February 18— Raw|28%; state, whole milk. fats, fresh, | Very irregular. Recent favorites on both principal and interest. Straus Plan Bonds free their holders from-trouble, care and anxiety. 5 | the buying side, like the tobaccos, the circles here, because of the fact that 2 2 o» m m.fl'f;wmm‘%{ S :‘z’:fi"‘" 23%a35 do., average run, 22 | 15, DUVITE BICC independent _stecls, 5 V' v . i , S ] ity sk~ * tcments R0t ndteiduat roncrve |NYNHEHATL o 04 o0 i 1ok | equal to 87 for centrifugal, ‘Thers corron aammETs. | NS ness Th He Special- Straus Plan Bonds are based on safety and conserva- banks, whereas the chief emphasi: T - L &8 of orto W YORK, February .—The | ties was most acute. But there was| - = . LR . :, should be Dlaced on the statement of | Norfolk & WStpf.. 6 65 6 e |Ricos. Y nsskct waB horvous AR iire o imporiant aalling, andl)ateritnlihe tive principles—on the belicf that complete security the condition of the whole federal | Northern Pacific Teserve system. The _consolidatedq Nova Scotia Steel. statement ~ which is given out in|N Warhizgton, it was pointed out, fre-|Oklahoma Prod... 3% 3% gy a% quently has not been published until! Orpheum Circult.. 2% #14% i1 g 83%| Refined unchanged at 7.50 for fine lar during today's early trading.|day stocks rallied for the most part s734 | granulated, with a good inquiry mot-| Liverpool was hardly up to expecta- | quite as readily as they had gone tions, the reported closing of a Bos- | down. Futures ruled quiet and prices were | ton trust company was an unfavora- Atlantie, Gulf and Wext Indies. 2 to 4 points lower at midday under|ble influence and early reports from | Atlantic, Gulf and West Indies was is more valuable than a swollen interest rate. If you believe that 100% safety of principal counts more than an extra blication of the stat ts of v e 2 scattered liquidation. market were discourag-|the leader of the decline and made A =L T - .. A g AN g:;;,“:,‘;f,,‘:i‘:: . = x: ’: —— g Theue Jeatures lea to seattered | now low record. Dividend action 1% or 2% interest— that it is not good ]ud%g!ent to imperil a $1,000 street, Jocal and southern selling, | on common stock is not due for some 5 A s . - e Pac Development-. 1% uou BAR SILVER QUOTATIONS. | Bt there was considerable covering : for | time, but the directors will meet to investment to gain an extra $5 or $10 in cashing a coupon~—write for 4 oo e 2 ‘week end, and some trade buy-|act on the preferre ividen: s = . Quutations fursished by W. B. Hibbs & a. | Pa0-Am Pate. ... % e [ A N et A L e at the openizg decline of 2 to 16 month. Some declar that the eo- our-Current-Investment Guide. Ask for 2 = 3 = ints. on of Atlantic ul preferred on Anglo-American 01 Co. (ge Parish & Bingham. W% W 10 | M N Pebrusty P Futures opened steady: March, 13.25; | the tape shows that something of an BOOKLET 524-C Atantic Refining Co. Pennsylvania..... 0% « o 18.70; July, 14.18; October, 14.55: | unfavorable nature 8 to be expected. mser. Co. Penn Scabd Steel.. 12 % 1% | 33%4 per ounce. May, ; July, o AbID s s Buckeye Pipe Line A 1% | Discount rates: Short bil December 14.81. e prefered is a b per cent non- ‘borough Mfg. Co. 185 People’s Cas. - 3% 3% 3% % thres 1 The market weakened under liqui-{cumulative issue, and under 40 is too Gontinental 01l Go. 308 Pere Marquette. .. 174 TR Bast e bills, €%aé 13-16 By peoant buyers, who probably | low for an issue on whioh the divie Pipe Line Co. 30 pécioeny foit disappointed that demand had not|dend is regarded as safe. Should Pere Mrq prior pf. Phila Company. brosdened from the rallies. There was|the preferred dividend be reduced also southern selling on the break,|still more radical action would be which carried March contracts off to]necessary on the common. B o sy soid down to 13,60, or Aanx Bubher T e aints of the sesson‘a low| Another ugly break in Ajax Rubber g t - Cumberiand Pipe Lise.. Fureka Pipe Live. .. Galena-Signal Ofl Co. SW.STRAUS & CO. National Metropolitan Bank Building Punta Alegre..... 49% s unsettled the entire group £t EHreOllast e 3 s fomaly matntained, The Peatare of the | 1o orscic the deciine. ShonEntesrerie shares. The sllusnfl?n:‘ln A]:;x hfi:, h(fih:: WASHINGTON Ry Steel Sprpf.... 108 106 | week’s news is the clean up of about Ts not represcnialive)of theiother = = NEW ORLEANS, February 18.—Con- | companies. It ted deficit f¢ 2 Lssfadndl ot s ,':‘5 9&’::;:."‘ ,:“::-':'mm:..m": alderadle of long cotton came | 1920 of $1.278,000, and while this was Telepllolle Main 5847 & 4| to bo for overcoating purpeses. The|out in the early trding 17 this market|bad encugh, it was not the worst fea- K - ELAND PHILADELPHIA SAN FRANCISCO L T N R s S o g o K I e T SHIeacd™ BosTox DAMATOLS ™ MILERDESS e londtipis st O | on i that the bill wili ot Sequras | . Futures cpened steady: March, 13.105 | it had notes payablo of $6,145,000. Tia DETROIT BUFFALO SBURGH MINNEAPOLIS open: M . Bome o! sent abroad, how- . 13403 July, 18.68; October, 13.90; | working capital was reduced over alew. o orders e e $3,200,000. Under these circumstances quence. American competition has| Persistent reports of heavy March | continuance of dividends seems alto- 21% 21% | been less Dromounced in the foreign|tenders in New York as the lfkely|aether unlikely. It is reported today 26% 254 | primary markets and prices have sag-| outcome of first March notice day and | that Ajax was negotiating for a note ” 37 | wed somewhat, espeeially in Australis.|news of a benk fallure in New Eng-|issue, the proceeds of which could The goods Jand increased sthe pressure. against ml:e:“w pay off indebtedness-.at