Evening Star Newspaper, February 20, 1921, Page 25

FINANCIAD THE SUNDAY_ STAR, WASHINGTON, D. C, COURSE OF PRICES {Week’s Price Range New York Stock Exchange TENDS DOWNWAR Warket Passes Through fPeriod of Indecision—Prog- ress Toward Normal. NEW YORK, February 15—On a ®lightly larger and more varied scale of operations the financial market this week passed through another period of indecision in which the course of prices tended unmistakably fownward. Additional deflation of the prineipal rommodities, more definite signs of business readjustment, extension of wage contraction and the smaller earnings of transportation lines play- ed their several parts in the further depreciation of securities. ormal Conditions. vs by qualified author- ities confirm the general impression that financial, commercial and indus- trial movements are slowly progressing toward normal conditions, but in con- servative banking circles the dominant note is one of extreme speculation. Heaviness of oil, steel and kindred Shares was of a piece with the more conditions in those industries. Indications of an open market for fabric steel subsided, the recent ndependent producers evi- aving failed to stimulate in- creased demand. Special stocks, particularly ship- pings, motor and leather shares, suf- fered severely at the hands of pro- fessional shorts, whose operations plainly denoted that unfavorable de- velopments affecting the financial status of those issues are impending. Banks Hold to Shorter Maturities. Investors and others having less claim on the money market viewed with indifference the comparative lase of call money, while merchants nd holders of gilt-edged collateral ‘were unable to negotiate loans beyond the shorter maturities. British, French and other important remittances were governed to an un- ‘wonted extent by the many shifts and changes reported in connection with the approaching conference between the allies and their former enemies in London. Stabilizing influences were contributed by the Chilean $24.000,000 Joan and a proposed underwriting for Sao Paulo, Brazil, by a group of Brit- ish, Dutch and American brokers. BALTIMORE PRODUCE. BALTIMORE, Md., February 19 (Spe- cial).—Egg receipts have continued fair this week, but not in excess of trade wants. While quotations are still low, 36 cents a dozen being top price for strictly fresh nearby stock they are a shade better than eaglier in the week. and with buyers taking hold more freely all desirable offer- ings are pretty closely cleaned up, and the market has a firmer tone. Prompt shipments are advisable, as it is un- wise to hold them back with present weather conditions. In the live poultry market there is a fair demand for smooth, fat young chickens and heavy-weight old hens; the former will bring 35 to 38 cents a pound, while the latter sell at 32 and 33 cents. Rough and poor young chickens are slow sale at 32 cents, but there is a good demand for winter chickens. 212 pounds and under, at 42 and 43 cents. The season for tur- keys is on the wane, and unless the weather turns colder the demand will show a steady falling off; quotations today range 40 to 54 cents a pound for live ‘turkevs and 40 to 56 cents for dressed. Market for ducks firm at 32 to 42 cents. Only fair demand for geese at 25 to 33 cents. As the seasom for dressed poultry advances buyers ars gradually turn- ing their attention more to live poul- try now and, with the exception of turkeys, prices are practically no higher on dead than live stock. Large capons sell well at 50 cents a pound, but small to medium I fair demand only at 49 to 48 cents. Tnder liberal receipts the potato market continues easy with 1.25 to 1.35 top prices. for Na. 1 stock, per 100 pounds. McCormicks dull at 1.00 and 1.16, while No. 2 stock will bring onlv 50 cents. Sweet potatoes steady at 3.00 to 5.00 per barrel, and yams in fair defnand at 3.50 to 4.00. No. 2 stock and culls both will bring 2.00 and 2.50. For seasonable nearby vegetables there is 2 fair demand, but the market is easy. as the bulk of the tradé is now for early spring and southern Yegetables. The apple market is very irregular, due to the condition and the great variety of the fruit offered. No. 1 packed stock will bring 3.00 to 00 a barrel for all standard varie- ties and No. 2 300 to 3.50. Boxed . apples sell from 150 to 3.00, while Joose stock will bring 1.50 to .00 per 100 pounds, according to quality and condition. —_— GRAIN AND PROVISIONS: CHICAGO, February 18.—Week end evening up and some buying., which was credited to seaboard account, were responsible for higher wheat prices . today. Other cereals were affected by wheat. and provisions recovered part , of their loss because of the strength ‘ in grain. At the finish wheat recorded e sy a Det gain of 2 to 2%, with March 170 to 1.70% and May 1.60 to 1.60%: corn finished % to 1% bigher, and oats were up %a% to 1. Provisions were 10 to 25 lower. beat gained strength after a small break at the start and finished strong. ‘There was heavy profit taking by shorts throughout the sessioh, and this was the principal source of strength. Some buying was encoir- aged by reports of 1,000,000 bushels sold for export at the seaboard the past few days. However, some of the trade were inclined to belleve that this was a trade between exports, 2nd the wheat was bought in antici- i bation of a Greek order to be filled Monday. Cold and wet weather over the sputhwest allaved fears of damage from green bLugs, and was respodsible for the early weakness. There was some good class of buy- ing of May corn to remove hedges against gales 1o the seaboard, and the latter reported around half million dushels sold for export Oats followed corn and readily. Provisions were easier early on seiling by commission houses on outside orders, but made moderate re- covery because of the strength in Pt advanced . W YORK. February 13—w . No. hard, durum. 1.8 Spot. firm; N 2. mixed, TALK STAY FOR FRANCE. Madrid Considers Result of De- manding Loan Payment Now. MADRID, February 18—The prob- tariff war abilities of a between “rance and sts upon imr 5,000,000 pe diate payment of the s installment due on ue today and Dato wished to consult the e Lema, minister of foreign affairs, at the last moment regarding the advisability of granting a delay. El Debate says todhy the question is of such delicacy comment could only be injurious. In deferse of na- tlonal interests, however, il asserts the premier would have the support of the eutire nation e COTTONSEED OIL RELAPSES, NEW YORK. February 19.—Cotton. 6] suffcred a further relapse under Atered liquidation, induced by lack trade demand and heeviness in kin- red Lnes. Closing bids were 15 1o 17 points nel lower. Salcs, 2,600 barrels. F'rime crude, 5.50 asked ; prime summer yellow spof. 1002800 March, 17.40; 7.97, July, 8.26, ail bid, AR b LTl fe B Wl el Rl A b ol Corrected to the Close of i . Net. || High. Low. s e e O e Tow. " Clos. Chse.| etizi s ate. o 35 26'3 — Adams Express 3 29 473{ 454 4 KanCitySoupf.... 40?4/ 46 ! 193 — Adv Rumley. 194 1814 19% + l!fi 493, 49% 4 Relly-Springfield.. 474,‘ 44"1‘ 52t 6 Advance Rpf. 5215 52 53 + 14 21 17% 2 Kenneeott Copper.. 193 18;4, : 4 Ajax Rubber:....,. 36 2714 2814 — 83 17 84 — Keystone Tire..... 17 = 18% — Alaska Gold. 135 1§ 14— % 584 52 6 LackawannaSteel. 5614 545 — Alaska Juneau..... 13 D3 135 44 12 — LakeErle& W..... 125§ 121 — Allicd Chemical.... 505 453 47 — 24| 224 17} 2 Lee Rubber.. Sy 7 Allied Chemicalpf. 93 90 90 — 3%| 56!4 51 3!4 Lehigh Valley. 54 al‘g 4 Allis-Chalmers..... 37{ 35 3%+1 (| 18% 15 2 LoewsInc... 184 17 8 Am AgriChemical.. 57% 5434 54+ 54| 12 10 — g 1t 4 Am Bank Note. 50 49 50 +6 |[M7% 136 12 Lorillard (P) 4B 141 5 y 42 31 — Loose Wiles. 0 3 8 Am Beet Sugar..... 51 a7 48 +2 * - " < 5 Am Bosch Magneto. 57 524 553 — 254 1083 973{ 7 Louis& Nash...... 100‘,, lm § — AmCan.... . 30% 25 2% 815 68 10 Manati Sugar.. 893 *30 7 AmCan pf. 863 8% 83+ M| ¥4 496 7 MannattanBlev.... 5% dle 12 Am Car & Fdy...... 1245 1283{ 183 — 34| 21 = 144 2 Martin-Parry . 1;72 — AmCottonOil...... 24 2 ;4+ ¥ Di 24— Maxwel. . T — i 8 635 8 MayDeptStores... *8 74 8 Am Fepress <128l 1254 125% — M|, e e o5 o 11673 150%4 12 Mexican Pete...... 1643§ 156'4 — AmHice&Lea..... 13 s 9e+ 34 g y i 5354 1 Al 19% 153{ 2 Miami Copper. 18% 18% — AmHide &Lpf...« 453 43% M4+ 3 151 135160 1% 134 4 S 0 M i+ 3y D 54 Middle States.. 4§ i o 5 3314 30!4 2 Midvale Steel...... 313 304 G dcin e e T i — St (o T3k TN — AmInternational.. 481§ ST PRt 3 AmLinseed........ 57 e vl oy n¢ 24 $iAm bocomotiye !7%;6 — Mo Pacific......... 19 18 4 Am Radiator....... Sx. it o0 3y = fi'" S;‘_""z g’::r' S ”’.fv § 14 — Montgry Ward 18y 1735 — Am Ship & Com.... Ya | i < o 21l M5 35 4 AmSmelting..-e "M 4G 2%+ 13 0 36 e 31% 20 3 AmSteelFoundry.. 304 30 30+ 313 106 7 nauBisenitpf..... 114 *1BK % 8 7 AmSugar.. . 985 924 MM+ Ml saec 251: — nael Cloak & Gt 1036 £100 7 Am Sugar pf. 102} 0T 1014 — 134 5" 2"“ = l.\'lll Conduit. . 5% 24 874 73% 10 AmSumatra... 8110 K 8%+ 6%l 65 4975 6 nat Enameling.... 65 63% 1005 95% 8 Am Tel & Tel. 100 99 1003+ 4l 74 693f 6 NatiLead... 2 T 128% 114 12 Am Tobacco 133 11834 12036+ 14| 654 44 — Natl R R Mex2d. 514 5% 1204 110 12 Am Tobacco (B).... 120 117 117% + 34| ;9 9% 1 NevadaCopper..... 121X 94 87 6 AmTobaccopf (n). 913 U4 OB{+ Ml 7hs 60 6 NOTex& Mex..... ¥ 72 T3¢, 5 7 Am Woolen.... 8805 634 6UG— 5% 8 78 10 NYAIrBrake..... %) 8% 97 M5 7 AmWoolenpf..... 954 MG 95 — 3 7404 70}f 5 NYCentral........ 2% 0% 394 32 — AmWritingPprpf. 36 36 36 5 40 — NYC&StL....... 8 48 93¢ 8% — Am Zinc... 94 84 843 2% 204 2% N Y Dock. ... . 2K 2 33 2% — AmZinopt. 20 By B B 18% — N Y New Haven 2% 19% 4015 337 — Anaconda.......... 394 384 34— 3|l 195 164 1 NYontario&W... 17% 17 2836 24 4 Asso Dry Goods 615 2515 263 + 23410475 98 7 Norfolk & Westrn.. 10475 99 10225 94 6 AssoOil.. { 8 98 —11l55 56 5 North American. 5474 8435 79 6 Atchison. 813 82 + %| 881 81 7 Northern Pacific. 8 79%5 754 5 Atchisonpf.... 8% 8% T84 — 4|38 31 5 NovaScotia Steel 3644 7Y% 5% — AtlantaBir & Atl 6 B 6 + Ml 4 334 40 Oklahoma Prod 3% 8615 84 7 AtlanticCstLine... 83% 835 83% — 284 26 2 Orpheum Circuit 27 76 493 10 Atlantic Gulf.. 6674 493 505 —12541135 115 8 Otis Elevator.. 123 4414 37% 5 Atlantic Gulfpf. 421 3% 40 — %116 13 — OtisSteel.. 13% 15 13 = Autosalespf..... 14 +1 | 546 47 3 Owens Bottle 50 041 84 7 8924+ Y| 4834 46% 5 PacificGas& Elec.. 48 47}4 3% 3% — 386+ 4 44 30% — PacificOll......... 32 30K 54 49 4 50 | 7934 714 6 PanAm Petrol..... 79% 4% 35 2514 234 Barnsdall (B) 2% — 4|73 66 6 Pan Am Petrol (B). 71% 675 43{ 214 — Beth Motors 4 + Y| 4% 124 — Parrish&Bing..... 1415 1415 58( 5014 5 53% — 134 413 39% 3 Pennsylvania...... 40% 40 651 533 5 504+ 41 17 9 — PennSeabd Steel... 123 11% 1073 993 8 105% + 34| 40 _ 333 — PeoplesGas........ 39%5 38 5% 4% — Booth Fisherles.... 55 5 5 193" 16% — Pere Marquette 17% 16% 14% 104 — Bkiyn Rapid Tran.. 13% 124 1256 — 741 35)4 32 3 PniladelphiaCo.... 3% 3 10 6% — BkiynRTectfs. 9% 8 814 — || 313 25% — Phillips Petroleum. 263 26 57 51 — Bklyn Union Gas. 51 51% 571 +4 ||279§ 18% — Plerce Arrow 9135 81% 10 BurnsBros...... 865 8 8 -+ 1}|l11%§ 10{ — PierceOil.. 6 44 — ButteCopper&Z... 514 5 54+ %||78 7434 8 PierceOilpt. 143 1034 — Butte & Superor... 13% 13% 13 — 15//62 57 5§ PittsCoal 183 13% — 15% + 3| 32 28%% — Pitts & Wes! 647 5% 6 + 234 1434 1254 1 PondCreekCoal.... 1344 13 4% 25— + 3%|l96 81} 8 PresseasSteeiCar... 951 *92 s 684 7 — 134|134 105, 8 PulimanCo.. 19% 114% 10 — %[i5134 43% 8 Punta Allegre Su 8K BY — — 3| %63 334 4 9% 8 7 CentralLeapf... 80 813 — 74| 26% 22)4 135 Rand Mines 313% 21 " 4 Cerrode Pasco. 29 “2E WY — Y| 8T 82 8 753 64 10 Chandler Motors. 1+ %185 136 1 624 573%% 4 60 +- 35| 80 744 4 g5 .8 85—, 3|85 45 2 2% 174 — 185+ %) 57 Y. 2 31 B = 25 + 3|\ 8736 ' 26~ Remington Typr... 365 34 465 41 — ChiMil&StPpf. 0%+ %[ 39% 22%{ — Replogle Steel..... 32§ 3134 71 6% 5 Chi&Northwn..... 08% 67% 68— Y| 734 605 6 Replron&Steel.... 6 653 8% 25% — ChiRI&Pacifie.... 21% 20 21 + 3[4 18 — Rep Motor Trk. 65 614 6 CiRI&P6%Df... 62§ 613 62 — 74 69} 564 520 Royal Dutch, 7 72 7 ChiRI1&P7%Dpf... 1% 73 74— 14 244 2034 — StL&SanFran. 12% 9% — Chile Copper. 1256 1134 13— Y|/ 384 2% — StL&SanFranpf. 30 30 28% ' '19% — Chino Copper. BY 2% 226 — %||30 R% — StLSouthwestrn... 26% 247 62/4 51 8 Cluett Peabody. 523 524 52% 41 36 — StLSouthwnopf.... 38% 36% 25 199 — Coea-Cola.... 2% 2% 20%-+ 134fi- 5% 3% .~ SaotaCeciliaSug... 5% 415 3014 21 3 ColoFuel&Iron... B 2715 2 ‘4 )| 554 2§ — SaxonMotors...... 54 435 3% 2% — Colo & Southern. 12 10 — Seaboard AirLpf.. 1035 10 6 56 5 ColumbiaGas...... 9834 833 8 Sears Roebuck..... 90 86 12% 7% 1 Columbia Graph. 1 8 9% — 136|(208{ 17 — SemecaCopper...... 18 1734 62)4 49 7 ColumGraphonetpf. 62 563 563 — 715( 46% 3825 74 ‘Shell Trans& Trd.. 42} 40 57 51% 7 26% 224 — Sinclair Consol..... 24J§ 233 82 " T 5 50 6 Sloss-Sheffield... 7% 5 2 ConsInterCallahan 6} 5% 6 -+ %||99 75 12 South Porto Sug. 21719 3 Consol Textile..... 21% 19% 195— 34[l01 78} 6 Southern Pacific. 66 564 7 ContCan. — Southern Pacrts... 173 15 5 1 — ContCandy — Southern Railway.. 2215 213 65} 62!4 5 ContInsurance.. 5 Southern Ry pf 735 64 4 CornProducts...... 73 7034 708 — X%[|l67) 152){ 5 Standard OIINJ... 323{ 28% 230 Cosden & Co 30 29% 29% — 4|10 105% 7 Stand OfINJ ptf. 074 73 8 Crucible Steel % 9B o4+ 3|37 21 4 Stewart Warner. 325 273 4 CubanAmSugar... 32% 2% 32 + 24| 42% 31%5 2 Stromberg Carb. 25% 21 — CubaCaneSugarf... 26 233 24 + 14|62 43% 7 Studebaker.... 67% 61% 7 CubaCaneSugpf... 6% 66 6635+ 34|/ 1034 84 1 Submarine Boat. 31 25 4 . By 25 25 1BY 84 2 SuperiorOil... 102 9% 9 . 1014 101 101 4+ 13|48 41 6 Superior Steel. 220 28 10 DelLack& West.\. 219 219 219 +4 || 9} 7)§ — Tennessee Cop 2% 3 — Denver&RioG.... 1% 14 13— %|/45 42 3 TexasCo.. #{ 14 — Denver&RGpPf.... 44 3% 4 2435 16% — Texas & Pacific.. 1634 10}3 1 Dome Mines. 143 — %|(36%4 263 1 TexasPacC&Oil.. 31 2 2035 17 — Elk Horn Coal. 19 20 41 |M 13 — Third Avenue. 18% 174 63% 52 5 EndicottJohnson.. 63 5075 60 — 2412 9% 250 Times 8q Auto..... 113§ 10 14% 13 — Ere..... -7 13 13 — 14){57% 51%4 6 Tobacco Products.. 57, 53 21% 19% — Erielst pf. 19% 20 + 3| 1255 . T = Transcontinental... 9% 874 15% 134 — Erie 2nd pf. 14 13% 13%+ 34|44 39 5 Transue& Willms.. 41 393 6614 48 . 8 FamousPlayers.... 664 6214 62)6— 134|| 403 36)4 — TwinCity RapT... 40 40 8314 76% 8 FamousPlayerspf. 833 813 81% — %475 68 8 Union Bag & Papr.. 73 72 2015 2B 7 FedMines&Spf... 21 265 2675— 15/(243{ 204 — Unionoil.. 9 79 19 Fisher Body. 8 +1 122 117} 10 Unlon Pacific. ... 15% _11%4 — Fisk Rubber. 1435 — 14|\ 67% 6455 4 Union Paéific pr. 2034~ 133% — Freeport Texas. 16 —1 (/34 31 4 UnitedAlloyStl.... 327 3215 5% 24 — Gaston Wilim: 24— 2106 945 8 United Drug....... 100 98 T13{ 404 — Gen Asphalt..... % 663 — %1 46 443{ 3 50 United Drug 1st pr. 47 47 112% 80 5 Gen Asphalt pf.. 1N%+3uhfl 10134 8 United Fruit....... 108} 1055 6214 54 6 GenCigarCo 623§+ 334/ 12 9% — United Ry Invst. 2 10 132% 120% 8 Gen Blectric. 131 + 24|25 19% — United RyInvpr... 25 22 164 1374 1 Gen Motors.. 14 — 145875 51)4 3 United Retail Strs. 5875 5515 6 Gen Mot 8% deb. 66} + 34i| 143{ 1134 — U S CastlIronPipe.. 143 1215 7 GenMot % deb..... 8 T T —1 [ 46 394 5 USCastIrPipepf. 453 45 6 Goodrich (BF)..... 40 37 38 — 14|74 20)5 — USFoodProd..... 25 224 — Granby Consol..... 23 224 22%§— 572 6435 8 USIndAlcohol.... 72 68y 7 Great Northernpt.. 77 7534 76% + 13| 513 414 — US Reaity. 475 46 4 Great Northn Ore 30 293 30 + 5 72% 8 U S Rubber %% 2 Greene Cananea.... 23 22% 23 —1 (8% 10l 8 US Rubberlstpf.. 103 10214 2 GuantanamoSug... 15%4 MX 14{+1 {1354 33 2 USSmeltRefin.... 343§ 3334 — GuifMob&Npf.... 25 25 25441 |45 41% 335US Smelt Refpt... 43% = 423 — GulfStates Steel... 3334 3135 32)6— 21)/85 80); 5 U S Steel. . 8 82 1% Habirshaw E1Ca... 12% 1% 124+ X%[12 107 7 UsSteelp . 11 110 4 Haskell & Barker.. 60% 59 5 +1 |50 48% 6 UtanCopper....... 5 517 — Houston Ol1... 7% 70 70 —1%4|l41 324 4 Vanadium Corp.... 313 35% 1 Hupp Motor. . 1334 13% 13%+ (/4314 33% 4 Va-CarolinaChem.. 3814 333§ 7 IllinoisCentral..... 89} 883 883 8% 64 1 6 60 Indiahoma......... 734 — 73 — Inspiration... c 19% — 20 5% 3% — InterboroCon...... 914 — Weber & Heilbr. 13 10 16 1004 — InterboroConpf... 04 — WensFargoExp... 65 613 133{ 10} — Inter AgriChem... 93 ~ Western Maryland.. 10% 93 57 49% 5 Inter AgriChmopf.. 17 + WesternMd 2d pf.u 18% 17% 100} 935 7 Inter Harvester.... 25 — Western Pacific.... 28} 25 17% 12% — Inter Marine. ’ 67 6 Western Pdept 60% 6834 633 493 6 Inter Marine p: 84 7. Western Unlon..... 885 86§ 38 33 — Inter Motor Truek.. 42 4 Westinghouse Biec, 463 4474 7 72 7 InterM Trkistpt.. 91§ — Whéel & LakeErie. 9% 0 16 13%4 — 1Inter Nickel....s 15 ~ Wheel &L Brie pf., 164 154 6435 43'4 — Inter Paper........ 3514 4 White Motor. 42 8y 26 204 = Invincible Ofl . 4} = White Oll. . e 15 143 e T BRI a6 18 & WickwireSpencer., 17 16 46 4 — mlasaon 5 — Wiilys Overland. 85 4 1% 4 — JewelTea... 0 -~ 28%5 84 — Jewel Teapf. 1008 8 255 14 = Jones Bros Tem.eeo a 6 21 184 = Kaf City S6Geeeee Ex dividend, e ' 5 158% — .24 Business February 19, Saturday, at the Office of The Evening Star. ‘Week ending February 19, 1021. Net. High. Close. Chge. 5+ 4% 6+ % 85— 1 16% + 234 s5le+ 1 125+ 3 21 ' 5414+ 2% 18 + 114! I 14744 + T4 40 +1 1000 + % 80 — 12 5315+ M s+ 4 5 % o s+ 6 5% 1815 135 305 — % 1%+ 1% T+ 3l 2 2 % 1814 3815 — 175 ) 2176 — 1% 07 + % N3y — 14 A 10435 + 5% 55 8%+ 1 3T +1 35+ U WA+ % 123 -2 1 o+1 50 % — L M- % 7516 — 65 ® -y 1444 03 12 383 — 14 + 3334 26 26% + 1% 103 ® + % 603 + 1% 29 13 % 92X + 1% 10636 — 134 9 +1 3435~ 3 2% + 1% 8 +2 1BY% — % 64 — 215 46 —4 46% <= 5 4 +1y 3+ 1 675+ 2 21% 613{ + 1 21 + 3004 — 2544 + 37 525+ 5% + 1045 — 8634 + 174 40 % % % % % % % =X — 1% ==X 508 — 3 5% — % 8% — 17% + 215 — 57% 1525 — 108% 3 1067 — 134 1134 + 134 2 + 210 564 + 54 13 4 3 4515 4 1 2414 4 FEBRUARY 20, .IQQI—PART 1. The Year 1921 to Date on the Washingtonl Stock Exchange. Furnished by W. B. Hibbx & Co., Hibbs Building. BONDS. $3.000—Ana. & Pot. River R. 5,000—C. and P. Telephone 1st 000—Capital Traction 1st 58 0—City and Suburban Ry. 0—Metropolitan R. R. 1st 1,000—Pot. Elec. Power 1st 58 32,000—Pot. Elec. Power con. b 7.500—Pot. Elec. Power deb. 6: 14,000—Pot. Elec. Power gen. 6s Light gen'l { .38,000—Wash. 0 Wash. Ry. & Elec. con Wash. Ry. and Elec. gen'l 6< Washington G s, 0—Dist. of Col. mer. Secur. and Trus ntinental Trust ational Savings nion Trust 10—Wash. phe. ho. pfd..... er Linotype MARKETFOR STEEL UNSETTLED WEAK com Col. (¢ — Merfienth: | Iron Dull, Copper Quiet and Steady. NEW YORK, February 19.—The market for steel during the week was unsettled and irregular, and prices were weak. Further reductions have been made by independents, but the price cutting has failed to inspire new business. In fact, it appears to have had reverse influence, as buyers are more disposed to await further con- cessions. The Steel Corporation con- tinues to hold at old levels, but a greater part of the small volume of business is going*to the independents at the lower prices. Pig _iron is dull and weak. Buyers are holding off and holders seem anxious to dispose of stocks on hand. Manufacture is being curtailed and many furnaces still are out. Selling Pressure Lacking. Copper was quiet and steady in ab- sence of selling pressure. Official an- nouncement of the surplus financing plans failed to stimulate demand. Only very moderate business resulted from inquiries recently, and manufac- turers of copper and brass goods still are operating on a hand-to-mouth basis, the demand for their product having developed less actively than expected since the first of the year. Some export business was reported mostly in small lots and including a few sales to Germany. Second-hand offerings were light. The basis of 13 cents for electrolytic was main- tained with sellers asking 131 - to 13% to second quarter. Review of Other Metals. Lead was lower, big producers and outside interests quoting 4.50 for spot. Tin still was a ‘buyers’ market, quotations being sensitive to fluctua- tions abroad. The tone was soft. Zic was easier, with.demand ex- tremely ‘limited and local stock on hand is equal to a four-month sup- ply. Galvanizers are receiving few orders and therefore showing no in- terest. Antimony nominally easier on spot, due to continued dull demand and lower prices for silver. LEAF TOBACCO MARKET. Week’s Receipts and Sales at Bal- timore Reported. BALTIMORE, February 19 (Special). —Leaf tobacco receipts for the past week totaled seventy-five hogsheads, with sales of forty-five hogsheads, principally of medium é:d common grades tobacco, ing¢ludfng ground leaves. Prices for Maryland tobacco, per 100 pounds: Inferior and frosted, firm leaf, 3.00 to 5.00; sound -common and greenish, 6.00 to 10.00; good common, 11.00 to 17.00; medium, 18.00 to 27.00; good to fine red, 28.00 to 40.00; fancy, 40.00; seoends, common to medium, 5.00 to 17.00; seconds, good to fine, 18.00 to 30.00; upper "county, air cured, nominal; ground leaves (new), 2.00 to 23.00. Unsound and badly mixed packages from 1 to 3 cents per pound lower. Stock In_warehouses today: Mary- land, 15,219 hogsheads; Ohio, 4,594 hogsheads—making a total of 19,813 hogsheads. Ground leaves to date, 994 hogsheads. 2.000—Wash. Alex. and Mt. Vernon 5 Week’s Review Shows Pig| Open. 62 NEW YORK DRY GOODS. NEW YORK “ebru 1 goods were very g t in first hands today and prices were easier on print cloths and sheetings. A few lines of fall cotton flannels were opened. |Leading lines of overcoatings wiil be Linens ~Cotton opened on Monday for fall. and burlaps were quiet. More business was reported in silk lines. [s brown southern standards, 111:; ticki 0z. 20; denims, 20x20s, 17; The Republican Party. i | Assumes power March 4th. Will | I | the security market be favorably iaffected by the change of admin- {istration? If so, what particular i stocks should benefit?® Our Weekly Market Review | which has been uniformly correct | lin forecasting the trend of the |stock market, should be in the | hands of investors and traders in iprder to take advantage of any |impending price movement. | This week’s issue covering 32 de- tive listed stocks, many of which are expected to respond to the change of | administration, sent free on request. | Ask for W.S-21L. PIGGLY WIGGLY Corporation 8% preferred; will sell 50 shares, as whole or in separate lots. Box 132-P, Star offide. 7% REAL ESTATE NOTES Conservative Valuations Secured by first deed of trust on high-class properties. Responsible makers. GLOVER & FLATHER 737 15th St. N.W. Distinctive Tailoring for Men Announcing our complete showing of authentie and carefully selected styles of foreign spring fabrics. Your early consideration is earnestly solicited. Henry L. Kaufman Importing Tailor Colorado Bldg. Railroad Equ Washington, D. C. ipment Bonds We have a limited number of circulars descriptive of certain_ issyes of Railroad Equipment Bonds, which we will be glad to furnish to.any one interested. Statistical Department of W. B. HIBBS & CO. Hibbs Building 725 15th Street Address ! * i Secured by of my own, will xell xome very high- clans securities at a price which will {met a xhade over N | 314-M, Star otice. “you this return by FINANCTAL. Loan on Real Extm e, | 25 ° Mom;_y to L& Trae | INSURANCE ’ ndFuow. ] Every kind you meed for your protection. Let us quote You ruten. Franklia Addrexs —t 200 | | New Home of Northeast Savings Bank, to Be Erected at Corner of H and Sth Streets Northeast. A Rare Chance to Buy Wash- ington Bank Stock at Par No Surer Money-Making Investment The Northeast Sz s Bank, organized 1916, has resources of $475 deposits of $400,000. We will s t and occupy a New Home on the northeast corner of H and Eighth streets north- east. We propose to dou our capital stock, and we want our neighbors. customers and the public gen- erally interested w us that they may help us grow to our Mutual Benefit. We Are Paying 6 Per Cent Dividends Annually Par value of stock, $10 a share, plus $2.50, which will increase our surplus to $20,000. Your interest in the stock will make you work for the success of the bank. We Expect to Continue Paying 6 Per Cent Dividends Bank shares have been the most profitable in- vestments in the. National Capital and in the United States. We Are Under Federal Control —Grow Up With Us Write, or, better yet, come and see us. Northeast Savings Bank ‘1401 H Street Nor“heast Our Directors James H. Brodnax W. Reginald Lewis Arthur E. Cook Isanc Nareimenfeld Wm. H. Erzent Hubert Newsom Pe 1 Hall Chaw, H. Potter D. W. Higgins M. R. Ready Geo. F. Hoover L. Steunrt W. F. Hummer Chas. R. Taibert E. C. Jones J. T. Vivian WHY BE SATISFIED WITH LESS THAN 8% and 10% Annually On Your Money whmyumrefllym:tlwtthtm-dlndhave-nfle-o curity back of your investment? ‘The biggest a{ld best businesses in the world are paying 8% and 109 to investors. Then why should yom let your money earn you less? Especially when you can get 8% and 10% from your investmnent in one of the best business enterprises in “:!hh‘to-. Thrift habits create a surplus of idle funds which as time prog- resses assume large proportions and enable the saver to employ the savings to advantage. We have for you just such an oppor- e Have You the Money? Let us say to you in all frankness there is no investment oppor- tunity offered you today that compares to the treasury shares of the well known and long established Washington Ice Manufacturing Co. which has a large daily production and is disposing -of its unsold treasury stock to pay for the erection and installation of its Plant No. 2, located on Twenty-third Street Northwest, between M and N, Washington, D. C. This new plant will give the company & trebled output of ice, and with this increased production the di- rectors of the company, as well as ourselves, are firmly of the opin- ion the company's shares will earn and pay stockholders More Than the 8% and 10% now being paid on the preferred and common stock, respectively. Buy Ice Shares Now The manufacture of ice is one of the essential commercial busi- nesses of the age. It is a profitable business and one worthy of your liberal support. Here is an investment for you that is staple and free from all the fantastic visionary which so fre- quently attend investmnent opportunities. Don't hesitate to in- vestigate and to invest in the shares of the Washington Ice Manu- facturing Company while you can buy them at the very low price of $2.50 Per Unit 4 of one share of 89 ‘preferred stock and one share of common stock paying 10%. Hundreds of Washington, Virginia and Mary- land investors own shares of this company and there are hundreds of customers buying the ice daily. Remember, wh;ng,ou invest in the treasury shares of the Wash- ington Ice Mamufacturing Company you are keeping your money in Washington. - You are putting it info;an ‘enterprise which you can, without any. expense, see any hour of the day. The officers are here for you to meet face to face. The customers are all over town, You may: be one, or if not, you likely will be. These are vital features which count and every jpvestor will appreciate. Let us show you- the plants and give you all thé details about the businéss. Omly a very limited number of to be sold. DON'T. MISS. THIS So great has become the demand for 8% and 105 securities many investors Iately have beem disappointed invest- ments of this class except by paylag reminm price. Avoid such a disappointment if you want buying ington your meney to earm units of Washi Jce Mamufacturing Company shares mow. ) A thorough investigation of the golnx Washington entérprise ix in- bring lormation vited. A phone or postal inquiry will you the full infe desired and without obligation to you. Wolberg & Co., Inc. m_lilflfllllflflllI|IIIIIII||IlllllllllillllllIlllliimlllfllflllflflllllIIIIlllmlIfllllllllllmmlllflflllflfllllllmflIlllllllIIIIIIflIIlllIIIIIIIlMlIIIIlIlIIIIHI '