Evening Star Newspaper, February 21, 1921, Page 19

YA NOTES TN ADVANCETO 1034 Buying Movement Is Impres- sive—New Local Credit Corporation Formed. BY L A. FLEMING. Action in the 7% per cent notes of the Washington Gas Company was decidedly lively on today's session of Rkhe local exchange. Note after note of the $1,000 denomination Sold, the market absorbing them as fast as offered until $15,000 had been pur- chased and sold at 100%. Thereafter four §1,000 notes sold at 100%, the top of the market since e listing of the securities. e was Squite a_strong demonstra- tion in faver of the collateral At the same time Washington Gas 438 moved up sharply to a new hig on_this movement, selling at 30. There was scarcely anything doing in the stock list, aside from the maks ing of quotations, and these showe small changes. » Do ne "2ale of Capital Traction wWas . recorded at 85. The Columbia Credit Company. The Columbia Credit is the lates .sp?re.m for public favor and business in the District of Columbia. Vie) It is organized with an authorize capital of $750,000, offering shares of 8 per cent preferred ¢ with one share of common at § John S. Hord is its president liam B. Westlake, vice presiden dolph B. Westlake, vice president; Ru- son B. Miller, treasurer. All the officers are Washingtonians. Tucker & Donaldson are counselors 1t is proposed to purchase land contracts, to advance funds to manu- facturers and wholesalers, and to ad- vance money on accounts receivable. The charter of the company em- powers it to engage in any form of general trade financing. . Aid to the time-payment plan o doing business is considered essential. ) as the plan is generally recognized as a modern way of doing business and especially heipful to the buyer. Automobile financing will be one of the chief sources of profits to the corporation; also the buying of open accounts from merchants generally. The general offices of the corpora- tion are in Machinists’ building. Tomorrow Will Be Holiday. Tomorrow will be a legal holiday all over the nation and all grain. cotton and security exchanges will . closed. Doyareh § also will be a legal holi- day in the District, banks, stock ex- change and business generally will be suspended. Chapter Dinner. The annual dinner of the Wash- .ington Chapter of the American In- #stitute of Banking is scheduled for Saturday evening of this week at the New Willard. These dinners are always enjoya- ble, as speechmaking is a small part of the program, junior bank officials desiring to have one jolly good even- ing in Social intercourse. E. J. McQuade is chairman of the entertainment _committee. He an- nounces that the program under his . charge will not be lomg, but of a uality. B Bt Freeman will be the only speaker at the dinner. Marie Siden- nius Zendt, one of Chicago's favorite sopranos, will be heard in several numbers, with Mrs. George O. Wal- son as accompanist, and the famous “Chapter Quartet—Messrs. McQuade. Pollock, Waller and Dexter—Wwill be on hand for the evening. Ome or two other numbers will be added. After the dinner and at the con- clusion of the program a dance will be given. Members and invited guests will quite generally be ac- companied by members of thelr fam- es. P ctically all the senior bankers of the city have been invited to at- tend the dinner. Stop for Digestion. 2 o he New York bond market has maiamed a Gegree of activity that has been remarkable, accompanied by a strength that was out of proportion to the market for shares. z Issue after issue of bonds, many of them of foreign nations and more or less celebrated foreign cities. have been announced, books for their sale opening and announcement of suc- cessful sale made almost immediate- Iy, meaning, as stated before. that a syndicate of investment bankers had subscribed for the entire outfit. A block of Chilean bonds. highly recommended, were offered last week and taken by a syndicate. A public offering followed. and the syndicate was notified that it was the owner of one-third of the bonds, while the price in the open market was con- siderably below the syndicate asking figure. This would seem to indicate that the market needs time to_handle the “un- digested™ securities, or that the rush of investment money seeking places ment at 7 to § per cent was over. COUNTESS BERSTORFF SUES FOR $1,000,000 Countess Jeanne von Bernstorf, wife of the former Gérman ambassa- dor. Count von Bernstorfl, seeks the return of about $1.000,000 worth of securities, which she says are il- legally in the hands of the alien prop- serty custodian. She asked the District Supreme Court late this afternoon for an order on the alien property custodian to surrender the property to her. MAY USE ST. ELIZABETH’S FOR WORLD WAR VICTIMS St. Elizabeth’s Hospital can be most easily utilized for the care of emergency world war victims and quarters can be provided for about 560 such cases, Dr. William A. « White, superintendent, told the House committee on public buildings and grounds today. ¥ The committec had under consid- eration & resolution fathered by Rep- resentative Clarence J. McLeod of Michigan to allow the public health service to use unexpended funds for renovating existing buildings to handle emergency cases until the new hospitals for the world war victims can be erected. s The committes authorized Chair- man Langley to appoint a subcom- mittee of three to confer with the conferees on the sundry civil ap- propriation bill in an effort to have the intent of the McLeod resolution ¢ inserted as an amendment. While Dr. White was before the committee Re was asked if the men- tally unbalanced soldiers of tae world war were confined with crimi- nally insane at St. Elizabeth's. He said they were not and that they were quartered in separate build mgs. - -—— CARUSO CONTINUES TO GAIN. NEW YORK, February 21.—Enrico Caruso spent the night restful shmmber and was permitted hearty meal when he awoke today. He appeared bright and was smiling and talkative. —_— ‘ BAR SILVER QUOTATIONS. NEW YORK, February 21.—Bar sil- ver. domestic, 99 foreign, 57%: Mexican dollars, 43 LONT™ February 21 —Bar silver, 330 per ounce. Money, 53, per cent. Discount rates: Short bills, 7 per cent; three-month bills, €%a613-16 per cent. —_—— LIBERTY BOND NOON PRICES. NEW YORK. February 21.—Prices berty bonds at noon were: 3% first 4x, 87214 bhid: first 4 third fourth 4igs, i victory 3%, 97.40; victory 4%s. ‘| Nevada Copper. ‘| Pac Gas & Elec. FINANCIAL. Open. Adv Rumley. Ajax Rubber. Alaska Juno. Allied Chemical. ied Chemijcal pf Allia Chatmira. © Am Agr Chem. Am Beet Sugar Am Bosch. Am Can. Am Car & Fdy. Am Cotton Oil. Am Druggists. Am Express 1 Am Hide & Lea pf. Am Ice. Am Tce pf. Am International. Am La France. Am Linseed Am Locomotive. Am Safety Razor. Am Ship & Com Am Smelting. . Am Smelting pf. Am Snufr...... Am Steel Fdy Am Sugar. . Am Sugar pf. Am Sumatra.... Am Sumatra pf Am Tel & Teleg Am Tobacco Anaconda. . Asso Dry Goods. Atchison......... Atlantic Cst Line. . Atlantic Gulf. Atlantic Gulf pf. Atlantic Ref pf... Austin Nichols. . Baldwin Loco. .. Balto & Ohio. Beth Motors. Beth'Steel. Beth Steel (B). Booth Fisherles. Bklyn Rapid Trn Burns Bros. Butte Copper. ... . Butte & Superior. Butterick. Caddo Ol. ... California Pckg California Petrol Canadian Pacific. Case Plow Works. Central Leather. Central Leath pf. Cerro de Pasco. . Chandler Motor. Ches & Ohio. Chi Great W pf. Chi Mil & St P. Chi Mil & St P pf. Chi & Northwn. ... Chi Pneu Tool Chi R 1 & Pacific. Chile Copper.... Chino Copper. Cluett Peabody Coca-Cola.. Colo Fuel. ... Colo & Southern. Col Gas..... Col Graphophone Col Graph pf. Cons Cigar Cons Cigar pf. Cons Gasof N Y. Cons Textile. ContCaa..... Cont Candy. Cons Intl Cal Min, Corn Products Cosden & Co. Crucible Steel. Crucible Steel pf. . Cuban-Am Sugar Cuba Cane Suga: Cuba Cane Su pf. Denv & Rio Gr.... Denv & Rio G pf. Famous Play Fed Mines & S p! Fisher Body. Fisk Rubber. Freeport Texas. Gaston Williams. Gen Asphalt. Gen Cigar. Gen Cigar deb. Gaen Electric Gen Motors. Gen Mot 6% del Goodrich ‘Goodrich pf . Gréat'Northern pf. Great Nor Ore. Greene-Canane: Gulf States Ste Haskell & Barker. Houston Oi Hupp Motors. Indiahoma... Inspiration. Interboro Metro. Intl Agr Chem.... Intl Harvester. .. Intl Mer Marine Intl Mer Marine pf Intl Nickel. “Intl-Paper- Invincible Ol. istand Oil. Jewel Tea.. Jewel Tea pf. Jones Tea. . Kansas City Sou.. Kansas C Sou pf... Kelly-Spring Tire. Kennecott... Keystone Tire. Lackawanna Steel. Lehigh Valley .. .. Liggett & Myers. Lott Inc. Manhattan Elev. .. Marlin-Rockwell. . Maxwell Motors. .. Maxwell 1st pf. May Dept Stores. Mexican Pete Middle States Oil.. Midvale Steel..... 304 Minn StP&SSM. 70 Min St P & SSM pf. 83% Mo Kan & Tex. % Mo Pacific. .. 18% Mo Pacific pf. . 3% Montgomery Ward 17% Natl Acme 21% Natl Biscuit - 105% Natl Cloak & Suit.. 31% Natl Conduit. . 2% Natl Enameling... 6 Natl Enamel pf. £ Natl Rysof M 24 5% . 1% Uk 8 7 20% 10% 5% 8 T1% 57 183% New Or Tex & M. N Y Air Brake..... N Y Central . NYNH& Hart. N Y Shipbuilding... 33 Norfolk & Wstrn. . 108% North America.... 564 Northern Pacific.. 8 Oklahoma Prod... 3% Orpheum Circuit.. 2% Otis Elevator 125 Owens Bottle = Pac Development. W% . ATh 3% % Pacific Oil.. Pan-Am Pete to eat a Pan-Am Pete (B). Pennsylvania..... Penn Seabd Steel. People'sGas. ... Pere Marquette. Pere Mrq prior pf. Phila Company.... Phillips Petroleum Pierce-Arrow..... Plerce Oil Pierce Oil pf. Pitts Coal. .. Pitts Coal pf...... Pitts & W Va. Pond Creek Coal.. Pressed Steel Car. Pullman Co. Punta Alegre PureOil...... Railway Stl Sp! Ray Con Coppe! Reading. . Reading 1st pf. RReading 2d pf. Rep Iron & Steel. % 67 “© 12 8% High. 19% 1% 49% 108% Low. 19% 26Y% 1% 1% 4% 89% 6% 2% 43 5% 53% 19% 1:45. 19% 1% THE EVENING STAR, WA NEW YORK STOCK EXCHANGE. Received by Private Wire Direct to The Star Office. Open. Royal Dutch...... 61 StL&San Fran... 11 StL&SanFrpf... 51 St Louis Southwn. 25% St Louis Sown pf.. 3614 Santa Cecilia Sug. 6% Saxon Motors. ... Seaboard Air Line. Seaboard A L pf... Sears Roebuck. . .. Seneca Copper-. . Shattuck-Arizona. Shell Trad & Tran. 0% Sinclair Oil....... 23% So Porto Rico Sug. 7% Southern Pacific.. 73 Southern Pac rgts. 17% Southern Railway. 21% Southern Ry pf.... 57% Stand Oil of NJ... 154 Stand OIl N J pf. ... 108% Stewart-Warner, 83 Stromberg Carb. .. 36% Studebaker. . 60 Submarine Boat... 8% Superior Oll....... 7% Temtor Corn (A).. 19% Tenn Copper. . Texas Company. Texas & Pacific Texas & P C & Of Third Avenue Tobacco Prod Trans Contl Oil Transue & Wilms. Union Bag & Paper Uaion Oil. Union Pacific. Union Pacific pf. United Drug. United Fruit. United Ry Inv pi United Retail Strs. U S Cast Ir Pipe. U S Food Prod. U S Indus Alcohol. U S Rubber. U S Rubber 1st pf. US Smelt & Ref. 7S Smelt Ref pf. USSteel.......... USSteel pf....... Utah Copper. Vanadium Corp -Car Chem. = 6% ™ 2 1n 9% 174 % 457 % % 3% 7% u High. 61 21 31 265% 6% 5% 5% % 10 6% Low. ] 21 31 2% %% % B 1:45. 59% 21 a1 25% 6% &% 5% 6% 10 85 16% 6% 5% 6% 10 864 1% 814 365% Wabash. Wabash pf A. Webber & Heill Western Md. . Western Md 2d. Western Union.... Westhouse E & M. Westhse Air Brk Wheeling & LE. White Motor. ... Willys-Overland.. 73 Willys-Ovid pf.... 34 Worthington Pmp. 4% ‘Worthington (A).. 80 8% “© 9% 9% 89% % 4% 48% 80 High. Call Money 7 9% 34% % W% 80 80 Low. Last. 6 6 HOURLY SALES OF STOCKS. llam.... 20270 12m. 836 000 1pm.....407 600 p.m..... 462 000 Washington Stock Exchange ) at 80, $300 at S0, $1,000 at 100k, $1 $1.000 at 1005, § L 3L000 Gt 100%;, 1001, $LO0 at Washington Gas 55 Washiziton Gas 714 at 10014, $1.000at100% at 1001, $1.000 at $1,000 at 1001, $1.000 1003, wos: at 100, $1,000 at mw..%sl.ow 100%, '$1.000 at 100%, ‘$1.000 at 100%. Washington Gas Light—5 at 40. AFTER CALL. Capital Traction—5 at 85. Bid and Asked Prices BONDS PUBLIC UTILITIES. Bia. 81, at American Tel. and Telga. 4s.... American Tel. and Telga, 4145 . Am. Tel. and Tel. ctl. ir. 5s.. Am. Tel. and Tel. cons. 6s. Auncostia and Potomac 54 Anacostia and Potom K. City and Suburban 5s. Metropolitan K. R. 5s Potomuc Potoma Potomac w MISCELLAN D. C. Paper Mfg. Riggs Realty s (short). STOCKS PUBLIC UTILITIES. American Tel. aod Telgu 1003, Capital Traction . [rEn W 5 40 Steamboat, 170 Elec. com. Washington Rwy. and Elec. pfd. Washington-Virginia Kwy. com. Washington-Virginia Kwy. pfd NATIONAL BAN National Metropolitan Riges Becond . Washington : TRUST COMPANY. American Security and Trust Continental Trust . National Saviugs and Union Trust Washington Loun and Trust. AVINGS BAN mmerce and Susings. Beventh Stre Uslon Savings United States Washington M TITLE INSURANCE. Columbia Title Real Estate Title. Columbla Grapliophone ¢ D. C. Paper Mg D. C. Puper pfd. Merchants’ Transfer and Stors Slergenthaler Linotype . 0ld Duteh Market com. 0ld Duteh Market ped. Lagsion Monotspe Seeuriiy Storaze . ngton Market . -dividend SALES UNDER U. S. EYES. ST. LOUIS, February 21.—The gov- ernment a factor in the market as the winter auction of the interna- tional fur exchange opencd here to- day. Joshua W. Alexand Commerce, and H. M ington, D. C. eries, were pr » Secretary of mith of Wash- commissioner of fish- t at the inaugural, at which & went offering of 10.000 Alaska » ns, 901 blue fox and 37 white fox pelts was listed to Eo on sale. Euyers from many . are here, exc ng that the r firms, is the I the local auc 1913 The sale will of the world als announc- from 450 story of started h March 5, ted to ex- ceed $15.07 WILL CPEN BIDS TODAY. D. C. Officials Hopeful for Drop in Sidewalk Cost. R. M. Brennan, chief clerk of the District engineer department, will open bids at the District building this afternoon for the laying of 18,000 square yards of sidewalk in various sections of the city. The Commis- sioners have $54,000 for this work. Officials of the engineer department are awalting the opening of bids with interest to see if they will contain any indication of a drop in the cost of sidewalk work. FOUR D. C. MEN HELD. Inspector Grant, chief of detectives, has received word from Langhorne, Pa_. of the arrest of four Washington young men and recovery of an auto- mobhile belonging to William Hinds, 1315 1Irving street, that was taken from 14th and B etreots southwest Friday afternoans in| SELLING PRESSURE IS MORE MARKED General Weakness and De- cline in the Industrial List. Bears Raiding. By STUART P. WEST. WALL STRE N. Y., February 21 (Special)—Acute weakness in a number of industrial stocks was again the feature of the market to- day. There were more of these weak spots uncovered than there had been on previous days. and for this rea- son the general appear- ance of being T m- phatically downward, a matter of fact, Rowev the no fresh of cter at What hap- succession of s against individual shares ren- | dered vulnerable by unfavorable an- nual reports and by dividend reduc- tions, either actual pected. - operations in some cases were sful in bringing out liquida- tion and in other casese they not. But at all emboldened to kel sence of any effective buying 2 the general market, de- veloping no important weakness, was naturally a good deal unsettled. Had the uncertainty of the mpend- ing London conference on German reparations been a factor in the da caleulations, it would naturally have showed in the foreign exchanges even more than in the securities. The fact that both sterling and continental rates rallied, especially the former, was an indication that in banking c the possibilities of a rupture, as uggested by some of the newspiper correspondents, were not causing any £reat amount of concern. Defiation Progressing. While money rates did not ease any further, the showing in the week end bank statements was all that could ve been desired further reduction of $41,000,000 in discounts and another decrease of nearly $18,000,000 in note circulation, along with the raising of the r ve ratio from 9.6 to 50.1 per cent, were striking proofs of the steady and rapid progress of credit deflation On the s exchange the gan with another violent sm: Atlantic Gulf and with heavy of the Mexican oils and Wool., Mexican oils were attack- ed on the amplific on of the reports eurrent t the clos of last week about the petering out of oil wells in the Tampico district and the difficul- which American companies w facing in bringing in new producing territory by reasons of the adverse attitude which the new Mexlean gov- ernment has taken in relation to the Carranza decree Hit Woolen Hard. In the case of American Wool there was a good deal of hasty inference bout the showing to be made in the annual report due next month and the bearing this might have upon dividen The situation pany is nothing like as b speculators made it out to Encouraged by the extreme or e in the SHINGTON, D. C, in these stocks, the attack other issues, affecting one other—International cantile Marines, the some of the tobac per. The weakne: stock was fully accounted for by the figures published this morning for the December quarter and for the twelve months ended mber 31. The y deficit_ amounted to nearly and under these circums duction in the dividend meeting is quite 10 be expected. DECLINES IN BONDS MARKET INACTIVE NEW YORK, February 21.—The majority of changes in the bond mar- ket today were slight declines. The market was not at all active and losses were quite unimportant. Stiil, the day’'s operations refl L a fur- ther tendency toward reaction from the excesses of the new capital flot tions which have happily at length been recognized. There were no new offerings today and none of cons quence scheduled for the immediats future. Digestion of recent issues continues at a moderate pace, but it is note- worthy that most of these are obtain- able either at or below the pri t which they were tendered to the pub- lie, French $s great were spread to after an- the next s0ld today at 98, the ount o far. Belgian Ss ¥ bought and sold at 9% where hid been brought out par. The Danish s at 98 were a point beneath their issue pric It is not difficult to understand un- der these cf nothing more is being heard about new for- cign government loans. The new Pennsyivania 6%s and the new Chicago Northwestern 6s are both being supported around their is- sue figure of 99%. Mexican govern- ments turned to reflect the less fa- vorable news from Mexico. Th. 55 were off 21 points from last week" high. Republic of Chile 8s, which had sold at a discount of a- point when they got down to 98 and had rallied subsequently to 99, held that figure today Railway bonds were for the most part a shade lower, but there were no large transactions in this quarter. e COTTON MARKETS. NEW YORK, February 21.—The cot- ton market was unsettled during to- day's early trading, much of which represented a further reduction in ing up of accounts in later months for over the holiday tomorrow. Futures opened firm; March, 12.82; May, 13.45; July, 13.97; October, 14.50; December, 14.74. Trading was quiet market showed little feature, aside from further March Wquidation and switching from near to late months. March sold at 12.80, making a new | low record for the season. and early i bulges were followed by reactions jin the later months, but, except for | the March selling, the market was {under no special pressure and prices iheld fairly steady around midday with active months net unchang to 5 points higher. | LIVERPOOL. February Spot, in fair inquiry: pric good middling, 9.58; fully m tdling, § low 1 #00d ordinary 1 5.000 later and the tober, %.30 After hesitatinz on the first call today, the cotton market moved up in i strong way on large buying, especially of July, by spot firms. Futures opened steady: March, 1 May, 13.10; July, 13.50; October, 13.93 ! December, 14.03. { A further decline in silver in Lon- don, and the fact that tomorrow will ibe a holiday in all American mar- { kets checked the upward movement. At 11 oclock prices were 7 to 11 points over the last prices of Satur- day. REFINED SUGAR STEADY. NEW YORK, February 21.—Raw sugar was quiet and unchanged early today at 45 for Cuba's cost and freight, equal to 5.64 for centrifugal. Refined sugar was steady and un- changed at 7.50 for fine granulated. The demand was again moderate, with sev- ssakol the refiners out of thetmarkets the March interest and further even- | Shorn Grain, Produce GRAIN AND PROVISIONS. BALTIMORE, February 21 (Spe- cial).—Potatoes, white, per 100 pounds, 1.25a1.35; McCormicks, 1.00al.15; 2 sweets. per barrel, 3.50a4 00; No. 2, both, Beans green, pearl and wax. per crate, 4.0026.00. Beets per bunch, 5a8. . Cabbage, per ton, 12.00a17.00. Cauli- flower. per crate, .75, Cucumbers, . per crate, . Eggplants, per crate, 5.00 ale per barrel, 1.50a2.00. Let- tuce, per basket, 50a3.50. Onions, per 100 'pounds, 1.00al.25. Oysterplants, per bunch, 6as. Parsnips, per bushel, 1.00. Peppers, per crate, 5.00a7.00. Radishes, per bunch, 4a5. Savoy cab- bage, per bushel, 75a85. Spinach, per bushel, 50a1.00. Peas, per basket, 3.50 25.00 Tomatoes, per crate, 2.00a7.00. Tur- nips, per bushel, 1.10a1.20. Apples, per rrel, 3.00a6.00; box apples, per box, loose, ‘per 100 pounds, 1.50a 0. Oranges per box, 3.00a3.75. Grape- fruit, per box, 2.50a4.00. Tangerines, per strap, 6.00a8.00. Cranberries, per barrel, 15.00a20.00. Strawberries, per quart,’ 35a60. Selling Prices at Noon. Wheat—No. 2 red winter, spot, red winter, garlicky, 84; March . Small lot of No. 2 red at 1.54 per bushel. red winter, gar- inter, garlic Small lot of No. licky, at 1.77 per bushel. Corn—Cob, new, yellow, 4.10; barrel, in cargoes; contract corn, §51, per bushel: February March corn, ¥4%:: track corn, yellow, No. 3, or better, 85 per bushel. Corn rales—None. Oats—No. 2 white, 4912 per bu.; No. 3, 48a48% per bu Rye—Bag lots of nearby rye, quality, 150a1.60 per bu ern export, spot, 1 Hay—No. 1 timothy ard timothy, er mixed, 21.00a No. 2 clover mixed, 0.00 13.00a16.00; No. . 2 clover, 1 5.00; sample h: Straw—No. 1, nominal; No. No. 2 tangled rye, 13.00a13.50; No. No. 1 oat (nominal), 2 oat, 16.00a17.00. CHICAGO, TIL, February had an advantage in the whe ket today with the trade giving at- tention to knowledge that the visible upply was only 40 per cent of an average and that exports to date we much above normal. Besides, houses with seaboard connections were buy- ers. The tariff situation and the crop outlook tended also to stimulate de- mand. Opening prices, which ranged from % to 21; higher, with March, 1.71 to 1.71Y%. and May, 1.61% to 1.62 were followed by a material further advance and then a moderate reaction. Corn advanced as a result of gen- eral buying and owing to lightness of offerings. After opening % to 1% higher: cinluding May at 71% to 71%, the market continued to harden. Seattercd selling had a depressing effect on_provisions. Sirength in the wheat market later seemed due more to lack of pressure than to any continued aggressive buy- ing. s closed steady 1% to 2 net to 1.72, and An unexpeeted falling off in the ible corn supply total counted later against the bears. Closing quotations were unsett! 7 to 1% net high- er, with May, 71%a71%, and July, Close. 171% 161% Low. 171 1611 1% 15, SBY R & 46 : 46 46% YORK, February 21.—Flour % patents, 9.0029.50; spring 6.75a7.5 winter straights, 0; Kansas straights, 9.00a9.50. arely steady; mess, 31.00232.00; 36.00240.00. sy, middle west, 12.00a12.10. 13, Baltimore Live Stock Market. 10N STOCK YARDS, CLARE- MONT, BALTIMORE, February 21.— Cattle—Receipts for week ended noon today were 3,271 head, against 2,961 head last week. Receipts, 11 carloads for market for the week; 67 carloads for market today. Market closed dull and slow; openings unsold: Steers, 25 cents higher; bulls and cows, lower, and hard to sell, especially Maryland and Pennsylvania _stock. Steers— Choice, 8.77 to 9. good_ butcher, medium, 6.50 to 7.50; com- 7.00 0; fair to good, 6.00 to 7.00; com mon to medlum, 3.50 to 5.00. Bulls— 6.00 to 6.50; fair to good, 5.00 common to medium, 3.50 to 5.50 to 6.00; fair 5.25; common to to 1. to good, medium, Sheep and lambs—Receipts for week snded noon today were 3.928 head, against 3.110 head last weel lower; sheep, 210.00. for noon today were 14,70 54 head last week; fair supply; lower; lights, o 11 heavy, 25; medium, 11 pigs, light pigs, 10.00210.50; roughs, 0025.00. Calves—Receipts for week ended noon today were 2 head, against 969 head last week; fair supply market about steady: calves, 6.00a 14.00; extra, 14.00a14. week ended head. against CHICAGO LIVE STOCK MARKET. CHICAGO, February 21 (United States bureau of markets).—Cattle— Receipts, 19,000 head. Beef steers, slow to lower: few early sales, steady; bulk beef steers, 8.00a9.50: butcher she stock, steady early; un- rtone weak: bulk butcher cows and 5.0026.50; bulk canners and 50a3.50; bulls, calves, stock- ders, steady; bulls, largely. bulk veal calves, 10.00a11.00. teceipts, 56,000 head; mostly Meady with Saturday’s average; big pYckers buying sparingly: top, 9.75: billk, 200 pounds down, 9.4529.65: bulk, 220 pounds up, 8.9029.20; pigs, steady. Sheep—Receipts, 25,000 head. Lambs, strong_to 25 higher; early top, 9.75 some held higher; choice 86-pound mbs, 8.50; bulk fat lambs, 9.0029.75; sheep, 25 to 50 higher; early top ewes, 5.75; some held higher; bulk fat ewes, 4.50a5.50. DAIRY WARKET. BALTIMORE, February 21 (Special). —Poultry—Young chickens, alive, pound, 32a38! dressed, 36a38; old, 32a 33; dressed. 34a35; winter. 214 pounds and under, 42a43; roosters, 22; dressed, dressed, 38a43. Turkeys, Pigeons, per fowl, 40a75. cutters, dressed, X 5450, Guinea pons. dressad, 40a50, wes—Loss off, strictly fresh near- by, dozen, 38; southern, 34; duck eggs, Butter—Creamery fancy, pound, 47a 4S; prints, 49; nearby. 44a45; dairy prints, 2 rolls, 19 ladles, 28a butter, a33; store i CHICAGO, higher; creamery standards, 47 Tebruary extras, —Butter, 48248 ordinary firs . cases included, higher; fowl MONDAY, FEBRUARY .21, 1921. and Live Stock LOCAL WHOLESALE MARKET. Fggs—Strictly fresh, per doz., 36a3’ Live poultry—Roosters, per ib., 21 turkeys, per Ib., 48a33; chickens, spring. per 1b.,, 38a40; hens, per Ib., 34; keats, .| Young, each, 50a60. Dpoultry—Fresh killed spring hens, per Ib., turkeys, per Pork—Dregsed. small, per 1b., 14al5; medium, 12a13; heavy, 10a13. Live stock—Calves. per Ib., 10ald: lambs, 10a11; sheep, 3a4; hogs. 10%. per bbl, 3.00a 502.50; western. 3.5026.00; Califorma lemons. .00a4.00. Pineapples, per crate, California oranges, per crate, Florida _oranges, per crate. 6.00a8.00. 4.00a5.50. £0004.75. Grapefruit, per crate, 4.003 | 5.00. Vegetables—Potatoes, nearby, No. 1. per bbl, 1.75a2.25; northern. per sack, 2.25a2.50; sweet potatoes, per bbl, No. . 4.0025.00: No. 2, 1.50a3.00; yams, per uce, Florida, per California iceberg_cel- .50; celery, per doz., 1.00a 1.25; Florida ‘celery, 3.00a3.25. omaine lettuce, 1.25: 0. Squash, per bbl., 2.00 a2.50. ~ Cymblings, per crate, Florida, 4.0025.00. " Spinach, per bbl. 2.50a4.00. Peppers, per basket, 3.0024.50. Toma- toes, per box, 2.0046.00. Onions, per sack, 1.40a150. Brussels sprouts, per quart, 1a2s. Cranberries, 1£.00 per bbl Old_cabbage, 1.00a150 per cwt.; new cabbage, 2.00a2.25 per basket. — OIL STOCKS. Quotations furnished by W. B. Hibbs & Co. Bid. Asked P T Do 1000 410 3 merican 0il_Co. Regining_ 00, rymser 0o Buckeye Pipe Line Co... ... . Cheseborough Manufacturing (o Continental 0il Co. 1 (new) lenn-Signal 0l Cv. Hlinois Pipe Line Co.. Indiana Pipe Line Co. National Transit Oo... Sonthern Pipe Li South Penn. 0il Southiwest. Penn. Standard 0il Co. Standard Oil Oo, Standard Ol Co. Standard % Standand il Co. Nebraska . New York.. Co._Otiio. . Vacoum Ol Co. Wasbington 01l Go.. Without a Loss Turn to Real Estate for Your Investment ‘When prices in the stock and bond market shrink and the financial world is upset, the at- tention of the investing public is attracted to real estate, and obligations based upon it are the most stable and certain form of investment. That has been the history of every finan- cial disturbance in this country. It ix true teday. Real Estate must be used to live on and work on. The meas- ure of its use is the measure of its value. Washington real es- tate offers the safest and best channel for investment. Our First Mortgages upon im- proved D. C. real estate have stood the test of time, and yield an adequate return to in- Vestors. B. F. SAUL CO. Mortgage Loans 934 N. Y. Ave. N.W. Money to Loan Becured by First Deed of Trust on Real Estate. Prevailing interest and_commision. Joseph I Weller S5 Wemk 1. & #ren SUSTAINED INVESTMENT SERVICE The mere fact that this firm is rounding out fiftr-two years of dealings in First Mortgage Notes ou Washington real estate with- out loss to an investor is a testi- monial greater than could be writ- ten by any individual client. These fifty-two_years have been devoted to the upbuilding of Washington. SWARTZELL, RHEEM & HENSEY. CO. 727 Fifteenth Street N.W. Washington, D. C. THE NATION’S HOME TOWN. Income Taxes ‘We maintain a well equipped tax department, with a staff specially trained in the rulings, regulations and application of the law, and can be of material benefit to you in preparing 1920 returns. ADMINISTRATIVE SYSTEM i of Accounting A simple, accurate method of keeping your books. Further information on request. EDMONDS & BOUTON Inc. Established 1890 Accountants—Auditors 813 Woodward B(l:dg., ‘Washington, D. W YORK, February 21 irm; receipts, 7,127 tubs; ery, higher than extras, 49%a50; creamer; extras (92 sccore), 49; creamery, firsts (88 to 91 score), 43a 48: packing stocks, current, No. 2, 20. Butter cream- Eggs—Unsettled; receipts, 20,499 crates; fresh gathered, extra firsts, 41; fresh gathered, firsts, 38a40; state, Pennsylvania and nearby western hennery, whites, firsts to extras, 5la 56; do., browns, extras, 43; do., gath- ered browns and mixed colors, firsts to extras, 39ad2. Cheese—Steadier; receipts, 906 box- es; state, whole milk, flats, held, spe- cials, 27a29; do., average run, 24a25%; state, whole milk, flats, fresh, spe- cia‘:: 23%a25; do., average run, 22a Poultry—Live, easy: broilers, 40a 50, chickens, 27a36; fow old roosters, 18: turkeys, 45a48. Poultry—Dressed, _quiet; western chickens, boxes, 30a56; fowls, 27a39; EOOBLETS, . e | BERLIN, February 21.- ment Reichsbank directorate declares that foreign holders of auxiliary fft mark notes of the first series, which were called in for cancellation Sep- tember 10, series. Jul full. if reasonable proof is furnished by foreign holders to the effect that they have been prevented from mak- ing returns within the dates specified. The Imperial Bank’s communication adds that bank notes for stamping or cancella- tion is not contemplated EINANCIAL. In a state- will : to the Associated Press the Growing CORPORATION Will purchase stock out- right or underwrite from $100.000 to $1.000.000 of a Xoing corporation that has been in business longer than one year; that has paid, or will soon pay. dividends. Must have more than 250 stockholders. Replies must state about how many stockholders Address Room 1497 New York. Notice to Property Owners We are 0ot the largest. bat the safest restal agents. MVINg expert perwonal merviee to il propertics. 1L does wol cost as much as the irresponsible ageal. Yonr interest shosld mot be longer negiected when we can give ab- wolute satisfaction. Come 3ud sre. Can prove It in ten mioutes D. H. Johnson, 1338 H St. N.W. _____Main 1373 LIBERTY BONDS BOUGHT AND SOLD FOR CASE Liberty Bond Exchang: e 604 14th St. N.W. $5,000 Life Policy, $57.35 Pfl- 1920. and of the second 31. 1821, will be paid in the calling in of German “Financier. Times Bld EQUITABLE CO-OPERATIVE BUILDING ASSOCIATION Organized 1870 41st YEAR COMPLETED Ansets . -$4.272.088.87 Surplus .01l 81,085.322.80 Syfle.mctic Saving Brings Results —make up your mind to =t aside something each day i be u You will accumplish more than soer Subscri, e 80th ssue of Stock s"“s’; 32:.507;; Month EQUITABLE BUILDING, || 915 F St. N.W. JOHN JOY EDSON, Presldent FRANK P. REESIDE, Secy. Age 40. Send date of birth for ourteous Banking Service is accorded every patron of this bank atall times. Your account is solicited. Interest on Savings Accounts Safe Deposit Boxes, $2.50 Up Archibald M. McLachlen, Pres. Firmam R. Horner, V. Pres. ohn A. Masale, V. Pres. and Treas. Lanier P, McLachlen, Scc. and Asst. Treas. Under U. S. Government Supervision McLachlen Banking Corporation Right in the Heart of the Shopping District R e e N N N N R T FOREIGN EXCHANGE LADIES’ DEPT. DEFINITE PRESTIGE PRESTIGE and standing of definite character accrue to the business man whose checks are drawn on a bank such as “The Metropolitan.” € This is Washington’s OLDEST National Bank— and one of its strongest and most progressive. New busimess friends are wanted—let’s get acquainted. 3% ON SAVINGS TRUST DEPT. National Metropolitan Bank Capital, Surplus & Undivided Profits Over $1,500,000 15th St., Opposite U. S. Treasury—107 Years Old e T A LEADER OF IDEALS ONE hundred and forty-four years ago a mation was created from the courage and sacrifice of a people inspired by the faith and vision of George Washington and his supporters. Today, it is more than ever apparent that the nation then those men. Our ideals and institutions must be guarded by the same faith and vision that fired them, and our national virility protected by a return of the people to the ways of thrife. dence we offer our facilities to those who are in need of trust and banking service. Member American Bankers Association ¢ AMERICAN o 15th-Street at Pennsylvania Avenue HOME SAVINGS BRANCHES 7th Street and Massachusetts Avenue, N. W 3 Eighth and H Streets, N. E. 436 Seventh Screet, S. W.