Evening Star Newspaper, February 25, 1921, Page 27

" CANIS SHOWN B * RALWAY CONPANY Adv Rumley pf. Ajax Rubber. Alaska Gold. Alaska Juno. Am Agr Chem. * *January Earnings Nearly 50 NEW YORK AmAgrChempt.. Wl % 14 Am Bank Note.... §2 52 i Per Cent Better Net o & o 4 Than Year Ago. Am Can... 0% B : Am Can pf. 856 85 ' BY L A. FLEMING. Am Car & Fay. 4% 123% The Washington Railway and Elec- | Am Car & Fdy pf.. 114 n: 14 tric Company is doing a very satisfac- | AT g:“f';’ollh oz = o ,tory business and the earnings are in- | {7 DIUEETRLS. .. B R o0 creasing at a rate which if continued | \m Hide & Lea.... 8 8 9 should help the corporation over|Am Hide & Lea pf. 4% % 4% , meny of the rough spots, the more |AmI Swle o ®0 if the merge of the company|Am International. 4% ds% 443 z Am La France. 8% 8% and its own property, the Po-| 49% “tomao Electric Company, is per-|gmpiieced o oc S SR o * mitted. While the two properties are [ Am Malt. ....... 0% 20% 19% ) ly one company, it is probable|am Safety Razor.. % % T thit there might be considerable sav- | oii oty (%0 = e % ing in operating expenses if actually L ¢ 2 a% m The credit of the merged|Am Smelting. AUGRATE AL company would probably be much|Am SmitSecA. 5% 6s% 25:“ stronger than of either singly. Am Steel Fdy. 20% 29% Fortunately the earnings are in-|Am Steel Fdy p. 8% creasing and the operating expenses|Am Sugar. . 1 4 ng at the sme time, which | Am Sugar p! © maki larger net. During the month of January, 1921, | Am Fare weice ‘ the net earnings of the Washington - 7e|Am Tobacco...... 120 120% c ay and Electric Company were | 47 TOb! 5 e w % ‘nearly 50 per cent larger than for |4m Tobacco (B).. 17 L L y Am Tobacco pf (n) %% 9% 9% the same month in 1920. obacco pf (n) S % 9T The preferred stock seems to be defi- | Am Woolen....... 2% 6% nitely placed on a quarterly dividend|Am Writing Prpf. 33 38 3 basis and the holders of the common|Am Zinc & Lead... 9 9 9 i stock have stiffened their Views very|AmZinc& Ldpf... 28 28 28 materially in the last few weeks. Alanaconda,..... 38% . ' rumor of a sale of 1,000 shares of com- mon at 30 was circuiated on the street, | A5S¢ts Realzn but not confirmed, but the reported | 4tchison.. buyer was making inquiries for large | Atchison pf. b Jots held by special interests. Atlanta Bir & Atl.. 6% 6% 4 Prospects for a merger of the street | AtlanticGulf..... 46 41% 4% railroads in the District are said to be | Atlantic Gulf pf brighter. Atlantic Ref pf. Local Securities. Austin Nichols. ‘Washington Gas 5s were strong today | Baldwin Loco # at 7. Railway 5s moved up to 5912 [ Balto & Ohio. sharing in the better feeling in_ those | Balto & Ohio pf... securities. One small sale of 7% per{parnucaon ’g) cent Washington Gas notes was reported | poih Motors. - .. at 1 . S Stocks were slow. Railway preferred | Beth Steel €82 2 strong at 56. Capital Traction firm at | Beth Steel §% pt. S | 85. Small sales of Mergenthaler at 121 | Bklyn Rapid Trn. 3 and 121%. Bkiyn Rap Tretfs. 8% 8% 8 The Washington Clearing House As- | Brunswick Term.. 4% 4% %% ] sociation will hold a special meeting | Burns Bros. i 8% 8 this afternoon for the purpose of con- | Butte Copper. 5% 5% sidering what action, if any, shall be | Butte & Superior. 1% 12% taken by the clearing house Wwith ref- | Butterick., ... ™% 19% i erence to the treatment of the checks | Cajifornia Pekg. .. 62% 627 60% % of the North Carolina banks that are | cajeorn® DK~ S8 JF8 G0 Bow fighting the par collection svs- | Calitornia Pet pr.. 75 1% 3% While it is impossible to forecast | Canadian Paciflc. . 116% 11€% 164 the action to be taken, the impression | Gase Plow Works. 6 among several of the national bank jCase (JI) pf.. 8 & - officials, members of the association, | Central Leather... 38t 39 38% favors the upholding of the hands of |Central Leathpf.. 8% 84% 8% the Federal Reserve Board and the |Cerrode Pasco.... Zi% 2% 2i% federal reserve system, which would | Chandler Motor... 68% 70 68% mean also the indorsement of the ac- | Ches & Ohio. . 59 B9% 69 tion of the Baltimore Clearing House | Chi Great Westn.. 8% 8% 8 ! Association in its refusal to ac- | Chi Great W pf. 18 cept checks of the banks acting under | Chi Mil & St P. % the injunction, in refusing to pay cash | Cni Mil & St P % b on checks over their counters, cither | chj & Northwn. 1% for deposit or collection. Chi Paes Tool s Unguestionably similar action by acyi p'| & Pacific,. 21 2% number of leading clearing house as- | G {1 ¢ PO on } sociations. especially by New York | Chi T & DA% DL e and Philadelphia, would be almost|C % pf. " > Chile Copper.. n%s 1% cquivalent to a victory for the par = collection system, as the treatment|Chino Copper. 2% - ! accorded the checks would, in all [Coca-Cola.. 2 19 3 probability, drive depositors to other | Colo & Southern... 3%l 33% 3% banks, if available, where their|Colo & Southnlst. 51 61 81 checks were properly honored and 5% 6 6% cleared, in like mannmer with the|Col Graphophone.. 8% 9% 8% checks of other banks, at face value.{Col Graph pf...... 5% 5% 56 Named Assistant Cashier. Cons Cigar. . 3 8 5 LY James Trimble, jr., son of the re-|{ConsGasofNY... 8% 7% 78 tiring ‘bank examiner of this district, | Cons IntlCal Min.. 5% 6% 6% has resigned his position with the|Cons Textile 20 District National Bank to accept the | Cont Can.. 3 Dodl‘l:ndosf‘ assistant cashier of the|Cont Candy. e Standard Savings Bank. Corn Product 7 Important Meeting Today. Corn Productspf.. 102 102 102 The American Iron and Steel Insti- | Cosden & Co o tute. representing the large steel man- | Crucible Steel 9 s g companies of the country,|Cuban-Am Sugar.. 81% 3% 3% will meet today with the president, | Cuba Cane'Sugar.. 23% 24% 23% Judge Gary, in the chair. Del Lack & Wstn..219% 219% 219% Interesting developments are ex-|Denv&RioGr.... 1% 1% Pected, but manufacturers declare that | Denv & Rio G pf. 3% 3% there will be no war between the in- | Dome Mines. . 1% { dependents and the United States|Elk Horn Coal.... 20% 20% Steel Corporation, as.indleatec by dis- | Endicott-Johnson. 60% 61% ‘pnu:hll from Pittsburgh and Youngs- | Erie. 18% own. Famous Playe! “ % Dow, Jones & Co. say that the Steel { py 4 Corporation contemplates 2 cutting of | FATouS players UL W meel.mto be followed later by a wage Fr‘eenm Texas... 1 1% N e Wt Notes. Gaston William: 2% & Quaker Oats Company lost $5,824,- bt 926 net for 1920, after depreciation. 120% Brooklyn Rapid Transit Company % for six months ended December 31, e 1920, showed a deficit of $6,009,779. Gen Mot 6% deb.... 6% United Drug Company showed a|Gen Mot 7%deb... 6% profit in 1920 equal to $11.02 on each | Goodrich. . . B% 3% share of common stock. Goodrich pf. B Youngstown steel miills will start!Great Northern pf. 6% 6% next Monday. Republic Iron and Steel | Great Nor Ore..... 20 20 Company, Brier Hill Steel Company, | Gtontanamo Sug.. 16 16% § Youngstown Steel Company and the|Cuiysio s Npf. .. 2 : Nweon Steel Company will all start | .y o1] & Barker. 8% Liberty Starter Company ‘6f Detroit, | Hedee Mfg. 16% controlled by the Ford company, wili | Houston Oil. 3 resume operations five days a week on | Hupp Motors. 1% one-third to one-half force. Indian Refining... 1§ 1 Gross income for Norfolk and West- | Indiahoma. .. 6% ern for the year 1980 will show about | Ingpiration....--~ 2% u% LTS Interboro Metro... 4% ' The mint at Philadelphia_has start- | 11eT0%0 VG 0r " pa0 ed the recoining of silver dollars. A dAl 1 has been passed by Congress | Intl Agr Chem...o. making it obligatory on bank direc- | Intl Mer Marine pt. Bi% tors of national banks to be citizens | Intl Truck 1stpf.. 7 and three-fourths of them to resideIntl Nickel 15% in state or territory in which the | IntlYaper bank is located. Intl Paper (sta) Back From the Panama Canal Zone,| Invincible Oil. 1 “We didn't see a fly in the ten days|151and Oil. $ we were on the Panama Canal Zone,”|Jewel Tea. declared Peter A. Drury, president of | Jones Tea. the Merchants' Bank, who, with Mrs.| Kansas City Sou.. Drury has just returned from a five- | Kansas C Sou pf. week trip to the Canal Zone, Jamai- | Kelly-Spring Tir ca, *The cleanliness and the health con- sta Rica and Cuba. Kennecott. . eystone Tire ditions of the country, which only a f;zk-wlnnas few years ago was nothing but|y.ye Erie& W pf.. 28 swamp land. were most noticeable.” | ‘8 1 " Tubber. 20% said Mr. It speaks highly for| - the work of the United States, which was responsible for the reclamation of this district. “We first noticed the lack of files at our hotel in Colon, at a time when the weather was warm enough for the v Tearing of light clothes. We wers | old that there had been no flies on | aaxjcan Pete.. the Canal Zone from the time the | i . United States had taken hold of mat. | Middle States Oil.. 18% 1% 13 ters. Wo wanted to be convinced, so | Midvale Steel. ... we went out in search of fiies. 'We|Minn &StL (8)... found none. We went to the market|Mo Kan & Tex. Pplace—the place where flies would be| Mo Pacific. . most certain to assemble—we went| Mo PacificDf. ... from stall to stall through the fish|Montgomery Ward market, the vegetable market and the| Natl Acme meat market Not a fiy was to be|Natl Biscu “We were given to understand that| Not enguit. . the sanitary regulations are most| N> ling. drastic and that the laws are rigidly | Natl Enameling enforced, which is responsible for | Natl Rysof M2d.. maintaining the excellent health con-| Nevada Copper. ) fished by the United States.” | New OF Tex & M. . State” N ¥ Central.. Mr. and Mrs. Drury first went to| N Y Dock. * Xingston, Jamaica; then to Colon,|N Y N H & Hart Cristobal and old and new Panama|y y Shipbuilding... 32 82 32 Clty in Panama: then to Port Limon,|Norfolk & Wstrn.. 101% 101% 101% §an Juan, Costa Rica; then to Havana, | NOT(0 ol ‘pacife.. &% 84° gt and from that port sailed for prod. . . New York. They arrived in Washing-|Oklahoma Prod... % 31 33 2eon Iast night. Mr. Drury was at his| Orpheum Circuit.. 213 28 74 i Gesk at the Merchants’ Bank this St 2 s a% u% % S — MONEY AND EXCHANGE. & R NEW YORK, February 25—Prime | E20;AmPete (B). & &1 b _:::‘cume paper, 7%al¥; exchange | penie¥ IOt 1Y T ‘ ular; sterling sixty-day bills and | EenD Seab - ercial sixty-day bills on banks, | Eeople’s Gas. s Commercial _sixty-day _bills, | Pere Marquet: B % ! .81%; demand, 3.86%; cables, 3.87%. | Phila Company.... 88 3% Demand, 7.20; cables, 7.3%|Phillips Petroleum 2% 24% 2% Belglan rancs—Demand, 7.51; cabies, | Pierce-Arrow..... 25% 2% 25% .53, Guilders—Demand, '34.05; cables, | Plerce Oil 0% 104 10% 84.16 Lire—Demand, 3.64; cabies, 3.66. | Pitts Coal % Bk Bey Parks Demand, 181, cables, 162 | pitts & W V. Dm0 oy reece—Demand, 7.45. Argentine—De- | p, t1Car pf. 9¢ mand, 35.25. Braztiian—Demand, 1562 | bytioan oo e 0 100" 1 104 Montreal, 12% per cent discount. Punta Alegre. . B4 0% 7% Government bonds irregular; rail- U om ¥oud bonds irregular. P b @Time loans steady. sixty days. ninety e 8 mon! , 7 : = i SU01 e canty RallwaySuspr... i ok o —_— eading..... %% 76 ' The experiment of using oil for|Reading 1stpf . . 48" o o° 2uel in running a locomotive was first | Reading 24 f. ... 46 46 ¢ tried on a Ruseian railway some fifty Remington Typr.. 82 32 30 years ago. 13% STOCK EXCHANGE. Received by Private Wire Direct to The Star Office. = 5 5 & Seaboard AlrLine. 6% 6% 6% 6% Seaboard ALDf... 10% 10% 10% 10% Sears Roebuck.... 7% 79% 76% 8% Seneca Copper. 16% 18% 16% 18% Sinclair Oil...... nY BnH% 0 =% Southern Pacific. % % 7% Y% Southern Pacrgts. 16 16% 15% 15% Southern Railway. Southern Ry pf. Stand OIl N J pt. Steel & Tube pf. Stewart-Warner Stromberg Carb. Studebaker-. . Submarine Boat., Superior OIll. Superior Steel Tenn Copper. Texas Company... 413 41% 4% 41% Texas & Pacific... 23% 2% 2% 20% Texas & PC&OIl. 2% 26% 2% 2% Third Avenue..... 1T% 1T% 1% I% Times Sq Auto Sup 0% 10% 10 10 Tobacco Prod..... §3 6% b52% 2% Trans Contl Oil. 8% 8% 8% 8% Transue & Wilms. 39 38% 8% Union O1. . 20% 21 Unlon Pacific. 120% 121 Union Pacificpf... 61 61 61 @ United Alioy Steel. 30 30 2% 29% United Drug 1st... 47 47 41 47 United Fruit. 101% 104% 101% 104% United Retall Strs. §3% 66% b53% &% USCastIrPlpe... 14 15% 1 1% USCastIronpf... 45% dsta 4B% 45% USFood Prod.... 23% 3% 2% 2% USIndus Alcohol. 6% 70 6% 70 U S Rubber. U S Rubber 1sf U S Smelt & Ref. U S Steel. . U S Steel pt. Utah Copper. Utah Securities Vanadium Corp Va-Car Chem. . Va-Car Chem pf. Vivadou. . 6% % 6% Wabash. S DI Wabash pf A. 2 W% 2 WesternMd...... 10 10 10 10 Western Pacific... 25 % 26% 2% Western Pacpf... 68% 68l 68% 68% Western Union 8% 6% B1% 8% Westhouse E& M. 46 46 46 46 Wheeling &LE... 9% 9% %% 9% White Motor: 3% 38% 3% % White Oil.. c M% % W% % Wilson Company.. 42% 2% 4% &% Willys-Overland.. 7% % 7% % Willys-Ovid pf.... 33% 3% . 33% %% Woolworth. . 109 I 19 Worthington Pmp. 48 48 48 48 Worthington (A).. 81 8 81 81 High. Low. Last. Call Mopey..... 7 6 6 HOURLY SALES OF STOCKS. 11am. 165300 12m.... 1pm.....31300 2p.m — & Ariz. Mi 5 Cont. Car Co., g, $1.75 3 Cont. Car Co. pfd. q, $1.75...Mar. 5 Feb. Sla.¥e §iE 1 e, $1.75 Mar. 25, Fel Childs Co, Farrell Coal Co. pfd, g, Nashua Mfg. Co., q, $1. North Am. Co., q, $1.25. ring. q. —_——— CURB STOCKS. Quotations furnished by W. B. Hibbs & Co. Aetoa Explesives Allied 01l . American Ca; Atlantic Petrolevm . Indian Pucking . 3 3! Intercontinental Rubber .. 10 103 International Petroleum (i 15% 15% Jerome Verde . ‘!fi 5-18 “* 70 .8 5 5 2 2 {t e G uR oy :l:'elt ,?I{‘ . 1 3 Nevada Opbir .‘ b ’g =3 New Corneila Nipissing Min 8 (" North Amer. Palp 4% A4 Northwestern Oil %5° 30 Omar OIl (new). 2 2% Pennock Oil . 3 B Perfection Tire . 1148 1316 % 5 Kadio com. 1 Radio_pfd. i I Ray Hercales 4 % Kyan Consolidsted Tl 8iy 8alt Creek Product %5 2 Salt Creek (ew).. 0 oy Sapulpa com. " 4% Simms Petrol 7 12 Skelly Oil T TR Sweels Co. i I8 Swift International . %is 28 Touopah Divide . 1 1936 ‘Tonopah_Extension i 1ns United Eastern 2% %8 13 gk e 8 8% % 58 e B 2% 2: *1ite 1 [} 2% 13 o B W4 100% 1087 55% ooy BONDS ARE SLU;I; PRICES SHADED NEW YORK February 25.—The bond market continued dull and somewhat heavy today. Less busi- ness was done taken altogether than on any day 8o far this year. The shading of prices was more general also, although the declines were noth- ing but fractional. Both classes of liberty bonds gave ground, but an exception was the Victory 4%s, which right along have been moving against the other issues. A block of $1,000,000 of these bonds changed hands at 97.40, which was the clos- ing bid yesterday. French govern- ment 8s" were open again around their low record level of 97%. Jap- anese 48 were steady around 63%. Mexican issues were qulet with 58 up a bit and the 43 somewhat d 2 STOCKS ARE FIRM, STERLING HIGHER Few Weak Spots Decline, Being Checked Early in Session. BY STUART P. WEST. NEW YORK, February 25.—A rally- ing tendency in stocks, on foreign ex- change markets and against this re- newed weakness in cotton and grain were the chief episodes in the finan- cial situation today. Efforts to get stock prices down were not altogether abandoned, and there were a few individual weak polints still disclosed. But the greater part of the list, after an irregular opening, was inclined to harden. Bear raiding did not meet with the success it had on previous days. 1t did not bring out the same quan- tity of stock. The perception that real liquidation was not keeping pace with speculative operations on the short side led te a good deal of covering, which, while it did not bring about much ‘of u rally, produced a steadler tone. The maln importance of the recovery in sterling and the moderate improve- ment in continental rates was that ir took away from the impression given by the decline of the two preceding days. that this was reflecting misgiv- ings about the outcome of the London conference with the representatives of Germany. Rather, it made the downward turn appear as merely one of the fluctua- tions in what has been a highly specu- lative market. Money conditions were unchanged. 1f there is to be any hardening of rates incident to the March 1 require ments, there was no indication of it today; neither was the money market responsive to the unexpected with- drawel of some $11,000,000 by the gov- ernment. Few Weak Spota. The weak spots in the stock market were not only very few by comparison with those of yesterday, but they were confined to obscure fssues of the spe- cialty class, such as Remington Type- writer and Indian Refining, which passed its dividend this morning. United Alloy Steel broke again on the statement published yesterday that the next dividend would be passed al- together and that the company was doing practically no business at all. Some attempt was made to start a downward movement in the steels, but it did not get very far. What the Bears Say. Wall street has been flooded with bear tips during the last few days. “|One room trader kept track of the number of such tips that he received Wednesday morning up to and in- cluding this morning, and found that he was advised to go short of sixteen issues. The bearish informants gave all sorts of wild rumors and reports as reasons for these stocks selling off. In many cases, however, this trader was advised to sell “simply because something of a very serious nature ‘was about to be announced.” Pressed for more information, the bear tipsters replied in certain cases they did not know exactly what the causes were, but that they were bad. One group of traders which operates uptown was supposed to have formed a bear pool to attack eight stocks and a lot of the bearish tips are traceable to this clique. Goodrich Company. Rumors about the dividend action of the Goodrich directors at their mext meeting flew thick and fast yesterday and again today. In some quarters it was sald that the dividend would be passed, in others it was the belief that it would be cut to $4. while in quarters outside of New York it was said that the regular dividend would be paid. Washington Stock Exchange Washiagton Gas Secfod at 70, $500 . 3 '.;:%'n Ry n—n. e as! wa: $1.000 a1 50%, 31000 2t Crktie D tal Traction—10 at 85, 10 at 85, 2 at 85, Washington Bailway pd-—35 at 50 36 st sazatea lergenthaler Linotpe—5 at 121, 5 at 121. AFTER CALL. ¢ ® At 12t Washington Gas 7 Mergentanier Linotspe—i ot Bid and Asked Prices BONDS PUBLIC UTILITIES. American Tel. and Telga. 4 5 ‘American Tel. and Telga, 4! Am. Tel. and Tel. ctl. tr. Am. Tel. and Tel, Capital Traction K. City and Suburban’ Ds. Metropolitan R. R. 5s. Potomac Electric Light otomac Electric cons. 5s. Potomac Electric Power 8. Potomac Eiec. Power G, M. Ga. 83~ 94 nd Mt. Ver. Gs.. 39 42 s 5 el T8N s Washington Bwy. o - Mgors 1% ash. Bwy. and Elec. G. M. 6o, 90~ 93 MISCELLANEOU! . Bs.. seve % (short). STOCKS PUBLIC UTILITIES. American Tel. and Telga. . 99N Capital Traction . ‘Washington . 42 Norfolk and Wash. Steamboat. 170 Washi Rwy. and Klec. com. 28 Washington Bwy. and Elec. ptd. *36% Washington-Virginia Rwy. com. 1 ‘Washiogton-Virginia Kwy. pfd. 3 NATIONAL BANKS. 168 D. C. Paper M: Biggs Reatty " b %0 Contineatall Troet ., avioge Washington Loan and Trust.... SAVINGS BANK. German-Amer] National Usion . TITLE INSURANCE. Columbla_Title S5 Beal Eetate Title.. 1000000 MISCELLANEOUS. Columbla Grapbophions com...... BA C. Paper . Co. ¥ ‘WOOL FAIRLY ACTIVE. BOSTON, February 25.—The Com- mercial Bulletin tomorrow will say: “The wool market has been only moderately active during the past week, but values are fairly steady here.. In the forelgn markets, due largely to the withdrawal of Ameri- can competition, prices have slumped. The emergency tariff, at this writing, is still In conference, but is not ex- pected to become a law, although it is still causing some hesitation in the market. The American Woolen Com- pany overcoatings and ‘women's wear this week, with a fair response on -te part of buyers, more especially on women's wear. Prices are down about 46 to 50 per cent com- pared with last year. Some small buy- IT"”' ‘eported in the bright wool sec- tion at last week's rates.” opened t 1001, i 2% C, GRAIN AND PROVISIONS. BALTIMORE, February 25 (Special). TPotatoes, white, per 100 1bs., 1.25a 1.35; McCormicks, 1.00a1.10; cobblers. 1.25a1.35. Sweets, per bbl., 50a5.50. Yams, 4.00a4.50; No. 2, both, 2.5 Beans, green. pearl and wax, per crate, 4.00a6.00. Beets, per bunch, 5a8. Cabbage, per ton, 12.00a17.00. Cauli- flower, per crate, 2.50a3.00. Cucumbers, per box, 7.00a8.00. Celery, per crate, 2.25a2.75. Eggplants, per crate, 5.00a 7.00. Kale, per bbl, 1.75. Lettuce, per basket, 1.00a3.50. Onions, per 100 1bs:, 1.00a1.25. Oyster plants, per bunch, 7a 8. Parsnips, per bu, 1.00. Peppers. per crate, 5.00a6.00. Radishes, per bunch, 4a5. Savoy cabbage, per bu., 75a85." Spinach, per bbl, ' 3.50a3 Peas, per basket, 3.5025.00. Tomatoes, per crate, 2.00a7.00. Tur- nips, per bu., 1.25. Apples. per bbl. 3.0026.00. Box apples, per box. 1.50a 3.00; loose, per 100 lbs., 1 00 Oranges, per bhox, 3.00a3 per strap, 6.00a8.00. Cranberries, per bbl, 15.00a20.00. Strawberries, per qt., 25260, SELLING PRICES AT NOON. Wheat—No quotations. In sympathy with advices from Chicago, the mar- ket here is weak and erratic. In the absence of any trading, it is impracti- cable to give any accurate quotations. Corn—Cob, new, ¥ 4.00a4.10 per barrel, in cargoes spot. §2 per bushel; February corn, 82; March corn, 82% track corn, yel- low, No. 3 or better, $6 per bushel asked. Oats—No. 2 white, 50 per bu. asked; No. 3, 49 per bu. asked. Rye—Bag lots of nearby ry quality, 1.50a1.60 per bu.; No. ern export, spot, 1.64 per bu. Hay—No. 1 timothy, nominal, stand-} ard timothy, 25.00a25.50; No. 2 tim- othy, 24.00a24.50; No. 3 timothy, 17.00 222.00; No. 1 light clover mixed, 23.00 a23.50; No. 2 light clover mixed, 19.00 222.00; No. 1 clover mixed, 21.00a28.00 No. 2 clover mixed, 16.50220.00 13.00a16.00; No. 1 clover, 23.50a No. 2 clover, 16.50a20.00; No. 3, 13.00 16.00; sample hay, 10.00a15.00. Straw—No. 1, nominal: No. 2} straight rye, nominal; No. 1 tangled rye, 17.00; No. 2 tangled rye, 16.00 No. 1 wheat, 13.00a13.50; No. 0. 1 oat (nomi as to west- wheat, 12.00a nal), 18.00a18.50; 2 oat, 16.00a 7.00. CHICAGO, February 25.—New set-| backs in the gprice of wheat took place today chiefly as a result of sell- ing that was associated with uneasi- ness concerning the economlic outlook. Anticipation of & bearish goyernment report on farm reserves March 1 tended also to we: S .v, port was lacking except after mi terial declines. ()p@mnl‘: l!l:?li;::ll which ranged from % to 2% : arch 1.65 to 1.65% and May Thth Mareh vere followed by a slight 55 1.56, . :ally',.nbul then by downturns further re. e acsipts had a depressing ef- feet on corn After opening % \ogl down, including May at 681: to 69%. t continued to sag. starting % to % -off, May 4?/; to 441, and later suffering an additional defig{:fi-ns in the value of hogs gave t rovisions. corn offerings led to a decided rally. The close was strong, %a¥% to 1 cent net higher, with May 70a70% to 0% 1a70%. 4 e xport wheat business, togethe w)i;fllp talk of Hessian fly danger in the northern part of the wheat belt, had a bullish influence later. The close was strong, at the same as yes- terday’s finish to 1% cents higher, with March 1.67% to 1.67%, and May 157% to 1.58. i o WHEAT— n. 5 : “-NHEAT ‘l":‘ 1,!}! }'B;l/. May 1.55 1.54 5% 00! P M 6814 BS:fi Jn'l;‘ . T0% 0% 7 OATS 4 44 % 44 45% )‘u‘; - L'JV. 48% 45 l‘:fl‘é EW YORK, February 25—Lar esier: middle west, 11.85a11.95. Other articles unchanged. COTTON MARKETS. 'W YORK, February 25.—The cot- oy ket showed renewed weakness at the opening today. First prices were easy at a decline of 12 to 21 points, with active months a'elllng 25 to 30 points below last night's closing figures right after the call. All active deliveries made new low records for rain, Produce Eggs—S southern, 36a3’ turkeys, per 1b., 40a50; chickens, spring. | i per Ib., 40a45: hens, per Ib., 36; keats, | i young, ‘each, 50a60, chickens, per Ib., 42a45: hens, per Ib., 36a37; roosters, per Ib., 23; turkeys, per 1b.,” 50a55. ! medium, 13al4; heavy, 10a13. 10a11; sheep, 3a4; hogs, 10%. Green fruit 7.00; per bbon te Per box, 3.00a4. aDericrats RS 4.00. Pineapples, pe 25 | fruit, per box, 2.50a4.00. T: gerines. |, °FEa] 1. 4.0025.00; No. 2, 1.50a3.00; yams, per bbL, 2.5024.50. Lettuce, Florida, per crate, 2.50a3.50, California iceberg cel- ery, 4.50a5.00: celery, per doz. 1.00a 1.25; Florida celery, 2/75a3.00. Romaine 1.25; ). “Squash, per bbl. Cymblings, per crate, Flori cabbage, 2.00a2.2 of liberty bonds at noon today were: 33s, 91.12; first 4s, $6.86; Second 4s, e Age 40. and particulars at your age. and Live Stock LOCAL WHOLESALE MARKET. Strictly fresh, per doz. 31; Live poultry—Roosters, per Ib., 21; Dressed poultry—Fresh killed spring Pork—Dressed, small, per Ib., 15a16; lambs, Live stock—Calves, per Ib.,.15; Apples, per bbl, 3.00a basket, 75a2.50; western. 3.5026.00; Califorma lemons, California oranges, per crai Florida oranges, per crate, Grapefruit, per crate, 4.00a Vegetables—Dotatoes, nearby, No. 1, a2.25; northern, per sack, sweet potatoes, per bbl., No. Spinach, per_bbl., 3.00a4.00. per baski 26.00. Toma- | - Onions, per | 21.50. Brussels sprouts, Der | a30. Cranberries, 18.00 per bbl. abbage, 1.00a150 per cwt., new per basket. —_ LIBERTY BOND NOON PRICES. NEW YORK, February 25.—Prices traincd in the rulings, regulations and application of the law, and can be of material benefit to you in preparing 1920 returns. ADMINISTRATIVE SYSTEM || of Accounting [ A simple, accurate method of keeping your books. Further information on request. Write for our descriptiv services rendered. pEeoider of EDMONDS & BOUTON 1 E ‘“:;C;‘ 1890 Accountants—Auditors 811 Woodward Bldg., || ‘Wash Policy, $57.35 Send date of birth for illustratiea . LE ROY GOFF, Insurance Adviser | ) Bx. 718 Woodward Bullding, M. 340 | he season, with March selling at ;2.00. May at 12.50 and July at 12.98. Futures opened easy: March, 12.15; May, 12.60; July 13.05; October, 13.70; December, 13.85. g NEW ORLEANS, February 25.— Weakness in Liverpool and unfavor- able financial reports from European centers combined to put the price of cotton lower today. In the first half hour of business the active months dropped 24 to 28 points, carrying the market to new low levels for the sea- son. March traded down to 11.80 and July to 12.49. Futures opened steady: March, 11.80; May, 12.23; July, 12.57; October, 13.02;‘ December, 13.27. DAIRY MARKETS. BALTIMORE, February 25 (Spe- cial). — Poultry — Young chickens, alive, per pound, 32a38; dressed, 36a 38; old, 32a33; dressed, 34a35; winter, Ibs, and under, 43245 ; roosters, 22: dressed, 23a24. Ducks, per pound, 32a 42; dressed, 38a43. Geese, per pound, 25233; dressed, 30a35. Turkeys, per pound, 40a54; dressed, 40a56. Pigeons, per pair, 45a50. Guinea fowl, each, 40275, Capons, dressed, per pound, 40a50. Eggs (10ss off)—Strictly fresh, near- by, per dozen, 36a38; southern, 35. Duck eggs, 50. | Butter—Creamery, fancy, per pound, 43a50; prints, 50a52; n.arby, 46a47; | dairy prints, 20a22; rolls, per pound, |19a22; ladles, 28a30; process butter, 130231} store-packed, 19. NEW YORK. February 25.—Butter— Strong; receipts, 7,095 tubs. Creamery. higher than extras, 52a52%; creamery, {extras (92 score), 51a51%; creamery, firsts (88 to 91 score), 45a50%; pack- ing stocks, current make, No. 2, 22. Eggs—Steady; receipts, 28,482 cases. Fresh gathered, extra firsts, 40; fresh gathered, firsts, 37a39; state, Pennsyl- vania and nearby western hennery whites, firsts to extras, 50a56; do., browns, extra, 42a43; do. gathered browns and mixed colors, firsts to ex- tras, 38a4l. Cheese—Firm; receipts, 375 boxes. State, whole milk, flats, held, specials, 26a29; do., average run, 24a253%; state, whole miik, flats, fresh, specials, 243 {a25; do., average run, 23a24. —_— KANSAS WHEAT POOL. HUTCHINSON, Kan., February 25— That the state committee of the Wheat Growers' Association has agreed on a wheat pool of 50,000,000 busbels of the 1921 wheat crop, to be held In reserve and marketed through a state agency, is announced here. The pool, it is said, will comprise approxi- mately half of this year's state crop. PARIS, February 25.—Prices were quiet on the bourse today. Three per cent rentes, 58 francs 30 centimes. Ex- change on London, 54 francs 39 cen- times. Five per cent loan, 83 francs 95 centimes. The dollar was quoted at 14 francs 12 centime: —_— CHICAGO LIVE STOCK MARKET. CHICAGO, February 25 (United States bureau of markets).—Cattle— Recepts, 5,000 head; beef steers, slow, Bbout steady; spots, easier; early top, 10.25; some. held higher; bulk beef steers, 8.50a9.75; butcher stock, bulls, calves, stockers and feeders, steady; butcher cows and heifers, mostly, 5.50a7.00; bulk bologna and beef bulls, 5.00a6.00; - veal calves, largely, 11.50a 12.50; stockers and feeders, mostly, 6.50a7.75. Hogs—Receipts, 29,000 head; 10 to 25 higher; heavies, slow; others, ac- tive; top, 10.55 for 150 to 160 pound hogs; bulk, 200 pounds, down, 10.15a 10.50; bulk, 220 pounds up, 9.40a10.00; pigs about steady. Sheep—Receipts, 8,000 head; light fat lambs, 25 higher; fat sheep, year- lings and heavy lambs, 50 highe! lambs;, top, 11.00; choice, 90 pounds; lambs, 10.75; bulk fat lambs, 10.50a 11.00; 108-pound wooled. yearlings, 8.50; 104-pound shorn yearlings, 7.75; 122-pound ewes, €.65; no choice handyweight ewes here. PARIS BOURSE QUIET. [l ‘When we used to tell you that our First Mortgages were al- ways worth par some may have doubted it, and didn’t much care. It has taken a world war to prove it; but now, with old standard securities much depre- ciated, while our Mortgages are still at par, you realize that our message I8 not only true, but important to you personally, B. F. SAUL CO. Mortgage Loans 934 N. Y. Ave. N.W. S again—and so on. i about the Straus Plan. CHICAGO DETROIT BOSTON BUFFAL Copyrcit, 191, by S. W. Straws & Ca. [ FRINGIDLES rounding ont dealings in_ First Mortgage Notes on Washington real estate with- cut loss to an investor is a testi 5% your interest automatically. ) by its record of 39 years without loss to any investor. _Write today for our booklet “Common Sense in Investing Money.” -Ask for 3 : ¥ s FINANCTAL. TMENT LIBERTY BONDS Liberty Bond Exchange 604 14th St. N.W. SUSTAINED INVESTMENT SERVICE The mere fact that this firm is Bfty-two years of . 91 Tmonial Ereater than could be whii. 86.36 bid; first 4145, $6.86; second 4343, | ten by any individual client Thes 6.34; third 4%s, § fourth 4%s, frty-two years have been devored 6.50] victor, 3%s, 97.40; victory 4%s, to the upballding of Washington SWARTZELL, RHEEM & Income Taxes || HENSEY (0. e maintain a well equipped tax ! [ acpurement wich " ea s ox i 727 Fifteenth Street N.W. ‘Washington, D. C. | THE NATION’S HOME TOWN. This Bank ERRRRER service is always satisfactory. {ully solicited. Interest on Savings Safe Deposit Boxes, $2.50 Up Archibald M. MeLachlen, Pres. Firman R. Hormer, V. Pres. Jokn A. Massie, V. Pres. and Treas. mier P. McLachlen, See. and A Under U. S. Government Supervision McLachlen Bankmg Corporation Right in the Heart of the Shopping Distriet ERERR = is Very Interest on Your Savings' Compounded Twice a Year I1ZENS ANK L SAVINGS B e ment & 1336 N. Y. Ave. g 47| e T et & 254 Money to Loan | Secured by First Tieed of Trust on Real Eatate. Prevailing faterest and_commission. Joseph I. Weller :x?:'::': .';:::"' EQUITABLE i| CO-OPERATIVE BUILDING z ASSOCIATION 1 41st YOIE‘A-I: :‘(‘);flr:l?ETED Sirpine Ul At oeags e Join the Equitable and Save Systematically ~—make the best of opportumity to save. Join the Kquitable and save systematically cach puy day your Subscriptions for the 80th Issue of Stock Being Received Shares, $2.50 Per Month 4 Per Cent Interest EQUITABLE BUILDING, 915 F St. N.W. JOHN JOY EDSON, President FRANK P. REESIDE, Secy. —to government employes and business people, and its. Convenient Your account.is respect- . Treas. 10th and G Streets - A real home and family are two of life’s best treas- ures. The family starts with a wedding. Wise young * people start before then to plan their home. The safe and easy way to accomplish these ideals Take Your Pencil and ® - Figure This Out UPPOSE you invest $2,000 today in Straus Bonds. Your interest check at the end of six months will be $60. Add $40 to this check (you will have six months to save it in, or less than $2 a week) and purchasc a:$100 Straus Bond— compounding your interest. Then at the end of another six months, make By following this plan you will double your money in ten years. The second six months you will only need to add $37—and each succeeding half year the amount will be smaller until, at the end of - seven years your interest will buy a new bond every six months without adding to it, and leave a margin to put in your pocket. You can figure out other combinations for yourself. The Straus Plan affords the safest and most convenient method for securing these results. Straus Service will, if you like, handle every detail for you, reinvesting And its safety is unquestionable—as shown BOOKLET .536-G National Metropolitan Bank Building : WASHINGTON 5 Telephone Main 5847 - NEW YORK CLEVELAND PHILADELPHIA INDIANAPOLIS ] PITTSBURGH Thirty-nine years without loss to any mvutor i up the odd amount is to start an account with this-association at once. Call at this office for full information, One dollar will start your account Columbia Building Association GO FSLNW, H B SR EY —— (hasey Let us tell you e e o m—— VA Y A 0 VL I | e S A SAN FRANCISCO MILWAUKEE MINNEAPOLIS